I Make $125K/Week with Dropshipping & It’s Easy.. (FULL EXPOSE)

Henrik Wold
12 Aug 202511:54

Summary

TLDRIn this video, the speaker shares their experience of generating $125,000 weekly through branded drop shipping. They discuss the highs and lows of running an online store, including how they overcame significant setbacks, like store crashes and ad fatigue. The speaker reveals a simple yet effective Facebook ad strategy, emphasizes the importance of creativity, and explains the concept of the 'blue ocean strategy' in business. They also touch on using ChatGPT for product targeting and the power of a subscription-based model, ultimately showcasing how drop shipping can be a highly profitable venture when done right.

Takeaways

  • 😀 High earnings through dropshipping: $125,000 per week in branded dropshipping, with a peak of $167,000 in the past week.
  • 😀 Business setbacks are part of the journey: experienced a drastic drop to $1.8K in a day, but bounced back with persistence.
  • 😀 Focus on simplicity: the strategy is straightforward—find good margins and sell to your own audience.
  • 😀 Use Facebook Ads strategically: duplicating successful ad sets into new campaigns and adjusting budgets is a key tactic.
  • 😀 Use a large volume of creatives: running multiple videos under one ad set allows for easy testing and optimization.
  • 😀 Redundancy protects against failure: having multiple campaigns running in parallel safeguards against the unpredictable nature of Facebook Ads.
  • 😀 Crisis management is crucial: when things go wrong (e.g., ads stop working), have backup plans and be ready to pivot quickly.
  • 😀 Testing products broadly is effective: keep everything simple for initial tests, including targeting broad demographics and untapped markets like the UK and Australia.
  • 😀 The Blue Ocean Strategy: instead of competing in saturated markets, target untapped niches (e.g., older women or moms) to stand out from competitors.
  • 😀 Leverage AI tools like ChatGPT for product insights: using AI can help identify unique selling angles, such as targeting specific demographics with customized product messaging.
  • 😀 Subscription models can boost profitability: offering a subscription-based model can result in substantial profit with minimal overhead after the initial sale.

Q & A

  • What is the speaker's current weekly income from dropshipping?

    -The speaker is currently making around $125,000 every single week with branded dropshipping.

  • What happened to the speaker's store between June and mid-July?

    -Between June and mid-July, the speaker's store crashed completely, going down to $1.8K in a day. It was one of the scariest weeks they had in business.

  • How did the speaker recover from the downturn in their store's performance?

    -The speaker recovered by duplicating successful ad sets into new campaigns, cutting underperforming ads, and increasing the budget. This helped stabilize the business.

  • What is the 'blue ocean strategy' mentioned in the script?

    -The blue ocean strategy is a business concept where you avoid highly competitive markets (red ocean) and target less competitive, untapped markets (blue ocean). In this case, the speaker applied it by targeting a new audience for a proven product.

  • How does the speaker use ChatGPT in their business?

    -The speaker uses ChatGPT to generate creative marketing angles and target audiences. For example, they used ChatGPT to explore new customer segments for a workout product, such as older women and post-surgery individuals.

  • What method did the speaker implement to create a steady stream of revenue?

    -The speaker implemented a subscription-based model, where customers pay a recurring fee for access to a product app. This model can generate significant passive income, with profits from subscriptions being nearly all margin.

  • What issue did the speaker face with ad performance, and how did they address it?

    -The speaker faced a drop in ad performance due to ad fatigue. To address this, they duplicated successful ad sets, cut underperforming videos, and adjusted their campaigns by increasing the budget and optimizing creatives.

  • What lesson does the speaker emphasize regarding supply chain management?

    -The speaker emphasizes the importance of having a reliable supplier. They suggest maintaining strong relationships with suppliers to prevent fulfillment delays, which can harm the business.

  • What is the key to maintaining consistent success in dropshipping according to the speaker?

    -The key to consistent success in dropshipping is creating and managing effective creatives. The speaker hires editors and scriptwriters to produce engaging content that boosts trust and conversion rates.

  • What does the speaker advise newcomers to dropshipping?

    -The speaker advises newcomers not to worry about losing their business in the early stages. They suggest starting with smaller profits and enjoying the process without feeling pressured to scale immediately.

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Etiquetas Relacionadas
Drop ShippingFacebook AdsE-commerceCreative StrategyBlue OceanBusiness GrowthProduct TestingSubscription ModelCrisis ManagementProfit ScalingChatGPT
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