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My Journey to 1.000$ PROFIT / day with Shopify

Discussion in 'My Journey Discussions' started by gugubee557, Feb 22, 2017.

  1. gugubee557

    gugubee557 Registered Member

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    Hello!

    So I saw that some people on this forum seem to doubt that there is real money to be made on Shopify with dropshipping. I'm just starting this thread to hopefully inspire some of you.

    I started this online store on February 18th, so it's been 4 full days now. This is my first experience with Shopify & dropshipping, however I've read countless stories about it in the past. I also study business in University and I know quite a lot about online marketing.

    I do not run Facebook ads yet. The entire sales you see down here were generated from shoutouts on multiple social platforms. I'm really trying to build a brand first and get some people to know the name of the brand on the platforms.

    The picture below is for the first 4 days of the store.


    [​IMG]

    My Mistakes (so Far) :
    • I made the huge mistake of not testing my shop completely. I'm from Canada, and my Shopify is in CAD. Therefore, the prices on my store were shown in Canadian dollars. Thing is, with the current exchange rate, my prices in CAD are around 30% higher than what they would be in USD... but Shopify would show the CAD price to US visitors. Long story short, my products looked overpriced by 30%. I got this plugin where the prices adjust automatically with the IP of the visitors only two hours ago, and I've already seen a huge spike in sales. That might explain my terrible conversion rate so far.
    • Not getting my credit card verified on Aliexpress first. My orders are basically all going to be 3 days late (atleast the very first ones), adding to the huge shipping times... Ouch.
    Feel free to follow & ask me questions. I'm not gonna share my niche, however.

    I know my goal is crazy, by the way. But this is not the only business I operate. I have other businesses that are already giving me a good paycheck, which means I can reinject all of the profits into advertising, branding and whatnot, so I can grow this brand faster & hopefully make this store a long-term thing.
     
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    Last edited: Feb 22, 2017
  2. LJ Junior

    LJ Junior Regular Member

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    Your goal isn't crazy after you pulled off those numbers within 4 days. Congratz on taking action!;)
     
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  3. webhostingproviders

    webhostingproviders Jr. VIP Jr. VIP Premium Member

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    how much you spending on shoutouts? also how you going to bring more traffic to your website in future?
     
  4. Alchemist Malta

    Alchemist Malta Newbie

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    Very nice looking results, nice to see some knowledge being put into play, best of success to you.
     
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  5. Zanskar

    Zanskar Regular Member

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    Goodluck
     
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  6. gugubee557

    gugubee557 Registered Member

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    So far around $150. I'm testing a lot of different pages / accounts / influencers. What I've learned is that the prices these influencers are asking for are completely random.
    What I mean by that is I've paid a shoutout for $40, barely got my money back. On the other hand, I paid a guy $20 and sold for $250 worth of products through him (so far, the post is still up).

    And to be completely honest with you, right now, I haven't really thought about how I'm going to bring traffic to the website in the future. I'm planning on growing my social pages quick a bit, and then expand with other marketing methods, such as Facebook Ads, Google AdWords & what not. But right now I'll stick to what I've always been good at, which is growing an audience :) I hope this answer was decent lol

    And thanks to everyone for the comments! I hope you guys will enjoy this thread, and feel free to ask more questions.
     
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  7. dhf123

    dhf123 Junior Member

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    is there any guides that you follow to buy shoutout?
    pls share with us
     
  8. gugubee557

    gugubee557 Registered Member

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    Hey! I don't really have a guide, but what I look at is the engagement rate of the page I'm interested in buying a shoutout from. For me, a 5% engagement rate is the minimum, meaning that I will only buy a shoutout from a page if they have a decent number of recent posts that 5% of their audience engaged with (likes, comments, shares, etc.). What I'm also looking for are grossly underpriced shoutouts. And the only way to find out if a page is selling their shoutouts for cheap is to test it. Like I said above, I paid a guy $20 and that post earned me $250 in revenue (actually, since the time I wrote that post, it earned an extra $30, so $280 total). If a page is selling cheap shoutouts, I'll exploit it even more by offering the owner of the page to buy a package deal. I'm usually able to get my shoutouts at half the price doing this (for example, 5 shouts for $50 instead of $100), which makes it more profitable for me, and allows me to test their audience (post at different times, different pictures, different captions, etc.).
     
  9. dorasdr

    dorasdr Regular Member

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    Congrats for a successful journey. Hope you reach u'r goal soon.
    I don't know much about shopify method. Is there any thread or video that explain method easily? Is this method works in India also?
    drop shipping means do we need to ship products to customers? If possible explain little bit.
    Thanks
     
  10. transitarea

    transitarea Senior Member

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    I will be watching this thread. I am going to start a similar journey. I already started a free trial with shopify for this.

    Questions:
    1. Do you do dropshopping from Aliexpress?
    2. What type of paypal account do you have?
    3. Is there a possibility that you direct payments amounts to shopify then withdraw from them later?
    4. Where can I find sources of shoutouts? Do you use Twitter as well? Pinterest?
    5. Do you have a strategy ?

    If you are using Aliexpress and have questions, you may ask me. I have been a regular buyer of Aliexpress for many years and made hundreds of transactions with them.
     
  11. sandyme

    sandyme Regular Member

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    congrats you earned a hand sum amount of money in first 4 days, what kind of store plugins you are using on shopify and are you in trial or have you bought it for first month. I would like to know more.
     
  12. Just.offem

    Just.offem Newbie

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    Good job lad
     
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  13. elhosary

    elhosary Regular Member

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    Can I use this shoutouts method with my Amazon affiliate site
     
  14. Kai Escalade

    Kai Escalade Junior Member

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    Do you buy shoutouts directly contacting profile owners or are you using some shoutout selling websites like shoutcart? You have amazing skills in business probably, nice results, wish you good luck!
     
  15. BillTomy

    BillTomy Jr. VIP Jr. VIP

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    Interested,good luck on your journey
     
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  16. Affmy

    Affmy Jr. VIP Jr. VIP

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    examine some growth hacking strategies for eCommerce. For, example, how to increase the number of complete purchases.
     
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  17. SEO FOX

    SEO FOX Jr. VIP Jr. VIP

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    Good luck buddy, Keep rocking.
     
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  18. chillerfx

    chillerfx Jr. VIP Jr. VIP

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    Your goal ain't crazy and you seem to know what you're doing! Good luck mate. Keep us posted with your results. As for the shoutouts is it just on IG or on FB as well?
     
  19. RedLix

    RedLix Registered Member

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    What aliexpress asked you to do to verify CC? Can this be done before account gets locked?
     
  20. Panther28

    Panther28 Jr. VIP Jr. VIP

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    can you link that plugin for the IP changing, cheers