My Shopify Dropshipping Journey To $30.000/month with Minimal Investments

I'm amazed how this is well planned out and organized, I just started a similar journey myself. I'm definitely gonna learn a lot from you. Keep up the good work.
 
Good luck have not seen such a well thought out plan, Thanks for share!
Thanks man!
Great planning. Best of luck. Hope you find success in the journey. Keep us updated.
Thank you. I will
I'm a new follower of you and best of luck!
Thank you!
I'm amazed how this is well planned out and organized, I just started a similar journey myself. I'm definitely gonna learn a lot from you. Keep up the good work.
Thanks man! I'm trying my best
 
Hi OP, I never saw this type of well planned journey before. I really appreciate and wishing you best luck. I am following your thread and hopefully will see success with you.
 
OK guys, it's time for my first update.

I don't have much to tell you now since I'm still building my store but let's take a look at what has been done so far and what's remaining:

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This is my Shopify store checklist, and as you can see, there is still a lot of things to be done.

All remaining steps should be completed until my next update (Sunday), so it looks like I don't have much time remaining.

My primary goal for the following two days will be to import all products to my store and to write product descriptions for all of them. Since this is Journey "with minimum investment" I'll try to write all descriptions alone, without VA. I will not hire any Assistants until my store became profitable - to keep my starting investment on minimum.

Speaking of products...

The plan is to import nearby 40 products in total. Yes, that means 40 product descriptions, around 160 variations, minimum 320 pictures, and at least 10 product videos. Until Saturday.

I have found a supplier on AliExpress; he looks really promising:

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And the best thing about him: He provides product VIDEOS for all products. Imagine how beneficial this can be. If you remember, in my first post I talked about the drop-shipping agreement and how I always ask suppliers to sign that agreement.

Of course, I did the same this time and got this reply:

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Ouch. My response: fuck you, I'll find another supplier. Ok, I did not send that to him, but I indeed tried to find another supplier.

Unsuccessfully.

I went back to that mail, reread it and saw this: "If you are selling to 20 orders per month, 1 order average will be free of charge."

So, I opened my IMAGINARY business plan, did some math and sent him this message:

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Of course, I don't have a business plan.
Of course, I will not sell 120 products per month (At least in the first few months).
Of course, I will not choose other suppliers (Because this is the best one for multiple reasons)
I don't know will my processing company ask me for this document.

But I knew he would at least try to do something if he sees 120 orders per month for a single product. And he actually tried:

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I sent him an agreement, he forwarded it to his manager, and we will see. One thing is sure - I'll get that agreement signed, soon or later.

Now, few members already asked me for agreement template. I will happily share it with you, but the problem is I'm still a newbie on BHW (not proud because of that), and I can't post links until I reach 50 posts. It's against forum rules if I'm correct.

I'll post it as soon as I reach 50 posts.

Here is a preview of the agreement if that means anything to you:

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And that's it for now. I'll keep you updated; next update will be on Sunday. If you have any questions, feel free to reply to this thread. Please don't PM me; we can discuss anything here.

CHEERS GUYS!
 
Quick question! You're looking to build a brand, and I firmly believe that customer experience is the most important part of branding. With AliExpress dropshipping, the epacket delivery option takes a week or two longer to deliver than what it states (my personal experience).

Even if it's stated on the project page, if a product takes 25 days to arrive, I will be hesitant to purchase again and to refer a brand to my friends.

How will you be dealing with the customers upset by shipping times? A large number of refunds?
 
Dude...I genuinely want you to succeed just because of how professionally and meticulously you are planning everything you do (and also because I have my own e-commerce project with minimal investments). Good luck !!
 
Quick question! You're looking to build a brand, and I firmly believe that customer experience is the most important part of branding. With AliExpress dropshipping, the epacket delivery option takes a week or two longer to deliver than what it states (my personal experience).

Even if it's stated on the project page, if a product takes 25 days to arrive, I will be hesitant to purchase again and to refer a brand to my friends.

How will you be dealing with the customers upset by shipping times? A large number of refunds?
Well, that's a really good question. Let's make it clear right now - you CAN NOT and SHOULD NOT focus on building a brand from the day one. In the first few months or even years, you should focus on getting customers and making sales. 10 customers, 20 customers, 50 customers, 100 customers, 1000 customers. Then, when you realize that your company is growing and your 100 or 1000 customers are pretty happy with the product but disappointed with shipping time, then you need to take some actions and upgrade to the next level and start building a brand.

That, of course, doesn't mean that you should not care about your existing customers in the first few months of your business.

To make them happy as much as possible you should:

  • Inform them about your shipping methods and shipping time wherever you can - Shipping & Returns page, FAQ page, Product page - everywhere. There is no need to hide this just to make them order something; you will pay soon or later.
  • If you notice he (customer) is disappointed with your shipping time, service or anything, offer him a refund or free item or anything that would make him happy. Yes, EVEN IF THIS WILL MAKE YOU LOSE SOME MONEY. And when he reaches you, if you provide excellent customer support and offer him anything to make him satisfied, he will be happy. He probably won't purchase again from you, but he will be satisfied. Then after some time (few months) when he forgets you, send him AGAIN some free item (It can be literally anything, a 10$ piece will work fine), just to show him that you genuinely respect and never forget your old customers. At this point, you'll put some BIG BIG BIG smile on his face, and he will tell everyone about you and your company. And yes, he will order again from you! And his friends. And his family and his dog.

And then, when you have hundreds of satisfied or partially satisfied customers, you should start upgrading your company and making a brand. Because you can't give free items forever ;)
 
Dude...I genuinely want you to succeed just because of how professionally and meticulously you are planning everything you do (and also because I have my own e-commerce project with minimal investments). Good luck !!
Thanks man, appreciate your comment! Good luck with your project!
 
Really quick update:

I managed to import all products, 50 in total. I wrote descriptions for all of them too, the only thing left is - videos. I already made 15 videos (For 15 products) and will probably create a few more tomorrow.

My drop shipping agreement is still unsigned, I am waiting for the response from the manager (They don't work weekends, so I'll probably have some updates tomorrow)

I'll provide a detailed update tomorrow including my plan of actions for the week 2;

See you soon guys!
 
This is really so inspiring for me. I want to start dropshipping too and I'm working on my website for 5 weeks straight.
I'll make sure to check this journey daily.
Thank you and I wish you the best luck in the world!
 
Now I'm going through your checklist and I'm doing things I haven't done with my shop.

Created Free business e-mail. Well, it took me 1,5h to set everything up, I was doing it for the first time. Well, it's worthwhile if you want to send e-mails from [email protected] to someone. Otherwise, with free plans I can use only 5 e-mail boxes, what's fair and square at the very beginning I don't need more, but I can't set up a forwarder on them as long as it's free plan. So if at the very beginning you just want to receive the e-mail I think there's no need to waste time for this setup, just go with default Shopify forwarder till you will have orders and you will need to reply clients from proper e-mail, not [email protected] :)

Tomorrow will continue on your task list to upgrade my store. And good luck with videos for products!
 
Update number 3:

It's Monday, a new week just started, and it is time for some further actions to be taken. But first, let's talk about last week and past actions.

If you remember, key actions for my first week were:

  • Build a store and make a partnership with AliExpress suppliers
  • Create social accounts

Now, I can officially say that both of this actions are completed. They are finished but not exactly how I hoped. I say this because supplier from AliExpress refused to sign a drop-shipping agreement. He told me that there is no need for this agreement to be signed, that he is a reliable supplier, experienced in work with drop-shippers blah, blah... From his response, I can see that he does not want any legal obligation with me and I don't like that at all, it's evident that I can not trust him (despite his excellent rating and feedback score), but anyway I will work with him. I will work with him because he is the best choice for my niche, he has the best ratings and really massive selection of products, and he looks professional. So, we find a compromise - If I manage to sell 100 products in the first three months, we will sign an agreement but with updated conditions (I requested this because I have some plans in my head, I'll talk about this in some of the future posts).
When it comes to social accounts, I created FB page, Instagram account, Twitter account, YT account, and Pinterest account. In the beginning, I'll put FB and IG links on my homepage while Twitter and Pinterest will have to wait some better times (I need to get some followers, because of the social proof and stuff like that). YT will be visible from the same start, too, since I use it for my product videos.

NOW WEEK NUMBER 2:

My key actions for this week will be:

  • Apply for a 2checkout account
  • Optimize store for the first Ad campaign
  • Start growing my IG account
  • Publish my first Ad

Now you are probably wondering what I mean by this "optimize store..." thing. In short lines - I want to make sure everything is ready for conversions BEFORE I SPEND MONEY ON ADS. I want to make sure that my store looks trustworthy, no any typos or other errors in my description, site copy and so on... Do you know that an inconvenient returns policy deters 80% of shoppers? That means I want to double check my return policy. Do you know that 88% of shoppers characterize detailed product content as being extremely important to their purchasing decisions? That means I want to double check my product descriptions, videos, variations, everything. Do you know that 56% of shoppers said that being presented with unexpected costs is the reason they leave without completing their purchase? Do you know that 23% of users will abandon their shopping cart if they have to create a new user account? Do you know that using videos on landing pages can increase conversions by 86%? And so on, and so on... I want to follow this practices, so I can better understand why my customer didn't convert.

I DON'T WANT TO SPEND MONEY ON ADS AND THEN LOSE CUSTOMER BECAUSE I WAS LAZY WITH MY PRODUCT DESCRIPTION OR BECAUSE HE WASN'T ABLE TO FIND MY REFUND POLICY.

I will start growing my IG account this week, but I will not promote any products on my own IG account, at least not for now. Instead, I'll use shoutouts. More about that in the Week 3 because I'll use only FB ads for now.

I hope I'll start my first ad until Friday. That's the plan. Until then - double checking everything :)

For any questions, suggestions or anything - feel free to comment below. See you guys on Thursday!
 
what theme you use?
what you customized on the Product page, Cart and Checkout page?
I use a Minimal theme because it best suits my niche. Please read my last update so you can see what I mean by customizing product page.
When it comes to checkout - I changed button colors and added Pirate conversion checkout hack. Google it; it's a cool upgrade for your checkout (it adds some scarcity to your checkout, reservation timer, trust badges, coupon fields, etc.)
Now I'm going through your checklist and I'm doing things I haven't done with my shop.

Created Free business e-mail. Well, it took me 1,5h to set everything up, I was doing it for the first time. Well, it's worthwhile if you want to send e-mails from [email protected] to someone. Otherwise, with free plans I can use only 5 e-mail boxes, what's fair and square at the very beginning I don't need more, but I can't set up a forwarder on them as long as it's free plan. So if at the very beginning you just want to receive the e-mail I think there's no need to waste time for this setup, just go with default Shopify forwarder till you will have orders and you will need to reply clients from proper e-mail, not [email protected] :)

Tomorrow will continue on your task list to upgrade my store. And good luck with videos for products!
Hi, thank you for your comment! Well, I use zoho for all my business, and now I'm pretty used to it. I need 15 minutes to set it up, and it's a lot easier if you use some of the most popular domain registrants (GoDaddy) but if you don't really need it, then default Shopify forwarder is way to go :)
 
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