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JOURNEY| My Shopify Dropshipping Journey to 1k profit!

Discussion in 'My Journey Discussions' started by redkatana, Mar 19, 2016.

  1. redkatana

    redkatana Registered Member

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    Honestly, have been going crazy for the past week trying to figure out where to even start with Shopify. Haven't done anything solid yet because i was busy searching for ways to shorten delay times and how to handle international customers.

    Before anything, my Shopify journey will be a long term one. I guess that means i'm building my own business. I'm promoting the products that i have sold before, about 4 years back and I have a lot of experience with it. That said, the only difference was before i handled everything from A-Z. I did physical handling of the items i sold and that taught me A LOT about shipping. I'll put that to good use now.

    Also, i originally didn't want to open a thread for this but i realized that my mind was everywhere. I couldn't focus on one thing at a time and whenever i did 10 things at once for my Shopify, i would usually end up back to where i started. So, this is my 'diary' of some sort.

    I will not be revealing my niche because this is my money pot. Go find your money pot! I'll just share my thought process and hope I can inspire some of you to go make a money pot out of your own out there.

    TRAFFIC SOURCE: Instagram (Main) & will test out FB ads

    These are my list of problems i have with this journey and i hope this becomes a reminder to me to check them off once i figured out how to.

    1. Find a supplier that ships within reasonable time.

    So far, the best i have found for the products i'm selling are within 2 business days but the supplier does not have an extensive range of product that's enticing enough for me to promote. Maybe one or two but i need more than 30 products to sell.

    The one that i'm currently interested in takes 4 business days to ship the products. That spells bad news to me. 4 days is far too long to even process the products. I'm struggling to find a good supplier that offers good range of products + cheap shipping + short processing time.

    2. Decide on whether to use only one supplier or use up to three suppliers.

    This is due to the fact that i would like a mixture of different products available from different suppliers as i am not satisfied with the full line of products one supplier providers.

    3. Decide on a solid price to offer and whether to offer free shipping or not.


    I've done businesses in the past where i was too excited to push products and ended up having the tiniest profit in my pocket and had to fork out a lot of money to pay for shipping. This will not happen again. Not this time. I will take my time to set this up.

    4. Decide where to ship.


    I think i must have some sort of restrictions as to where i ship. Different countries charge different shipping rates. This, i once again have to refer to my supplier.

    5. Decide on a warehouse fulfillment.

    I'm outsourcing all packaging, wrapping and even receiving returns. This will cost me some money but after thinking about it, it's so much cheaper to outsource it rather than doing it on my own. It's value for my international customers as well because they are able to cut delivery time by 2 weeks and they can do it within 10 days.

    Value is important to me. Value is not just the product. It's your packaging, customer service, first impression of your product and a personalized touch to it. Adding value to your product may cost some money in the beginning but building value and trust is my priority right now. When i do this, profit will follow after.

    Aliexpress does not ship to China although it is from China. So, i'm trying to get this sorted out with my supplier and hopefully she can help me out in this matter. I read taxes are higher if they ship domestic.

    I have also researched about a few warehouses and asked for quotations. Will be waiting for replies within this week.

    6. How many products to offer initially

    I already drafted out 4 different collections of products. Which i think i'm overdoing and overthinking. I need to decide on the amount of products i'll offer.

    7. Strategies to push my products forward

    I already have many competitors in my niche and this makes me need to work extra hard to provide an edge to my products. Of course, that's just business though. If your business doesn't have competitors, then it won't keep you on your feet.


    THINGS I HAVE DONE THIS WEEK

    1. Signed up for Shopify.
    2. Chose a free theme.
    3. Researched for suppliers.
    4. Bought a .com domain.
    5. Did customer survey for the products i'm selling.
    6. Designed 3 banners for my store using my crappy Photoshop skills and amazing Google search skills.

    Honestly, there are a few key things i need to do before i even proceed to starting to input products in my store.

    1. Obtain quotation from the fulfillment warehouse.

    I'm expecting a reply in two days as it is still weekend for me so i'll relax in this meantime. This quotation is literally the big rock of this whole thing. I know the prices from my suppliers. Now, I desperately need this quotation before i can even decide on the prices.

    2. Get answers from my supplier whether she can ship to the fulfillment warehouse which is also in China.

    She speaks minimal English. Which scares me. A lot.

    I wrote to her a few questions and i think she just stomped on the keyboard and somehow it came up as 10% comprehensible.

    Bad communication with my supplier can literally mean life and death for this journey. I'll keep on searching for new suppliers that can at least speak English at a level where they can address the questions i have.

    THINGS I WILL ACHIEVE WITHIN THIS WEEK

    1. Get quotation from the fulfillment warehouse.
    2. Get a reply from my supplier on whether they can ship to the fulfillment warehouse.

    ONCE I GET A GREEN LIGHT FROM THE TWO ABOVE, I WILL THEN PROCEED TO THE ONE BELOW.


    3. Scout potential Instagram influencers.
    4. Decide on a logo for my products.
    5. Choose a plan for Shopify. Going to pick the $29 plan for these first few months.
    6. Outsource the making of my banners in Fiverr.

    I've done a terrible job with my banners. I have some prior skills with Photoshop but i could edit Justin Bieber's face and that's about it i think. So, i'll pay a few dollars for my banners and logo to be done.

    7. Learn how to use SKU. Stock keeping unit. Need to get a tutorial from somewhere.
    8. Check on my competitors strategies. List down many strategies and narrow it down to something that would work for a small business.
    9. Decide on which products to offer.
    10. Scout for a new supplier with better service qualities, range of products and shipping time.
    11. Decide flat rate/shipping by weight/free shipping. Free shipping for US/UK/AUS/CAN & Flat rate for international countries?

    Most importantly, to remind myself to relax at times.

    Wow, that was a lot of things. Didn't even know the key problems were the two. Writing this down helped keep my thoughts organized i think. Although my priorities in my things to do many be a little jumbled up.

    By the way, i'm still growing 11 IG accounts on autopilot using FL and you can check out my other thread if you'd like to see updates on that one! So far, it's going fine. I don't worry about that as it's all on autopilot. It's just a matter of time until i can utilize all 11 accounts. Maybe in 3 months time. By then hopefully it would all already reach 20k!

    I'm gonna go and rest up for a bit. I've been researching almost for 6 hours now. Bye!
     
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  2. Cool13Seo

    Cool13Seo Registered Member

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    Good luck man !
     
  3. Swizzzy

    Swizzzy Newbie

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    yet Another shopify+droppshipping journey! BHW is becoming so redundant
     
  4. redkatana

    redkatana Registered Member

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    And yet you spent your time to comment on this redundant post. I'll give you a trophy for it.
     
  5. blurise

    blurise Registered Member

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    Good luck on your journey

    So the fulfillment warehouse will take the package from the Chinese supplier, unpack it, pack with using your custom packaging and deliver it to the customer?
     
  6. maryseowinston

    maryseowinston Junior Member

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    Gud luck for your journey.
     
  7. petersale

    petersale Newbie

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    Wish you all the best redkatana, for myself I enjoy reading the shopify journeys as I'm involved in it myself.
    From what I understand your not doing what most others are doing and simply ordering from the supplier on aliexpress and sending the item to your purchaser but ordering in bulk to a fullfilment warehouse where they package and send on your behalf.
    If that's what your doing then it would help brand you better in the long run and ultimately more profits in the future.
    Well, I've subscribed and will be watching, goodluck again.
     
  8. immaletyoufinish

    immaletyoufinish Regular Member

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    Good luck on your journey man. You got one thing wrong though, it's not dropshipping. You are buying products wholesale from a supplier and keeping them as inventory and outsourcing your logistics using third party logistics (3PL). That's an import business. It's also a lot more profitable than dropshipping. It requires more business smarts because you own more of the value stream but the payoff is better. So many ppl working so hard for peanuts on BHW trying to 'drop ship' from AliExpress with terrible delivery times. Honestly if you are making sales doing affiliate marketing through amazon or AliExpress then a legit import business is the next step up. So you are going in the right direction. Even better if you can do private label and build your own brand.
     
  9. gtull2

    gtull2 Power Member

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    Very shitty of you.


    OP- good luck to you. I'm having some fun myself with shopify. It's so easy to have a nice looking store there.
     
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  10. immaletyoufinish

    immaletyoufinish Regular Member

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    Shitty but true.
     
  11. Dioni

    Dioni Jr. VIP Jr. VIP

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    Keep us updated, good luck with your journey.
     
  12. redkatana

    redkatana Registered Member

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    Correct! The only barrier right now is the fact that Aliexpress does not ship to China although they are from China. Aliexpress intends to focus on export and also, shipping domestic apparently costs them more taxes. I hope i can negotiate with my supplier about this.

    Thanks!

    Yes! But i won't be ordering in bulk as i don't have too much capital to start ordering them in bulk. My idea right now is to just use one supplier in the beginning to avoid hassle and delay. My current supplier takes 4 business days to process & ship items.

    So my thought process is like this.

    4/5 business days to process - 2 days for warehouse to process - shipping USA/UK/CAN/AUS 5-8 days OR international may take 10-15 days

    This scares me because it may take up to 3 weeks for the items to arrive. I need to find a supplier than can process within 1 day or two days. Although, i did do customer survey for the items i'm selling and most are willing to wait up to 2 weeks if free shipping is offered and the items are well below a certain price.


    Thank you so much! I really thought this was still dropshipping but the fact i'm using a fulfillment warehouse completely changes the whole term then. I'm handling all of this on my own, so i'm crossing one bridge at a time. I have very limited capital funding right now so i need to plan my next moves well as every move i make will be out of my own pocket. I hope to see this business cover all the capital within 6 months of being in business.

    Thank you hehe! I'm glad to hear that you are also doing your own journey with shopify. Wish you the best in yours.

    I will and thank you!
     
  13. belldragon7

    belldragon7 Junior Member

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    Is there any updates OP ?