MasterTalks Ep. 6 | Gimana cara Dauhan sukses bisnis dropship di umur 23 tahun? (Part 1)
Summary
TLDRThe speaker discusses their journey in learning dropshipping in Indonesia, highlighting both challenges and successes. They initially struggled as a beginner but gained valuable insights through a training program, focusing on Facebook Ads, product research, and customer service techniques. Key strategies, such as using cost cap and bit techniques in Facebook Ads, were particularly useful and continue to be applied in their business. They suggest that the program is more suited for those with some experience, and they are interested in joining future training rounds, including one focused on Google Ads, to further enhance their skills.
Takeaways
- 😀 The speaker initially found success in dropshipping, with their first month in Indonesia generating significant revenue of around 100 million IDR.
- 😀 The primary motivation to start a business came from dissatisfaction with the traditional office job and the low entry barriers in dropshipping.
- 😀 Dropshipping was chosen due to its simplicity, low startup costs, and the ability to quickly start earning profit without needing to create a product or set up a company.
- 😀 Learning from mentors and reinvesting earnings in personal development, such as acquiring new skills and knowledge, played a crucial role in the speaker's success.
- 😀 The speaker emphasizes that business success requires more than just technical skills; mindset and fundamentals (e.g., motivation, focus, and goal-setting) are equally important.
- 😀 The speaker shared their initial exposure to dropshipping through international sources (mainly the US and Europe) and later decided to apply these lessons to the Indonesian market.
- 😀 Despite significant revenue, the speaker initially faced challenges such as a high return rate (RTS) and low net profits, revealing the complexities of the dropshipping business in Indonesia.
- 😀 The speaker encountered unique challenges in Indonesia's dropshipping market, particularly related to cash on delivery (COD) systems, which led to additional issues with returns and customer service.
- 😀 The speaker benefited from mentoring and training programs like the Okademy Immers Club, which helped them learn advanced techniques in product research, customer service, and ad bidding strategies (e.g., cost cap and bid control).
- 😀 Despite the challenges, the speaker remains optimistic about the business, applying new techniques and continuing to grow their dropshipping business, with plans to further refine their strategies through advanced training in the future.
Q & A
What motivated Mas Dauhan to start a business?
-Mas Dauhan was motivated to start a business because he found that working in a corporate job didn't make sense in the current era. He felt that working for a salary, especially starting at a low wage (UMR), was not a sustainable way to achieve financial growth, especially in the face of rising costs of living and uncertainties like COVID-19. The desire for financial independence and to elevate his family's living standards played a major role in his decision to pursue business.
Why did Mas Dauhan choose dropshipping as his entry into business?
-Mas Dauhan chose dropshipping because it has a low barrier to entry. He found it simple to start without needing a PT (company registration), product creation, or complex infrastructure. He could test products, create landing pages, and start advertising quickly to see if the business would generate profit. The low startup costs and quick results made it an attractive option.
What was Mas Dauhan's initial experience with affiliate marketing?
-Before diving into dropshipping, Mas Dauhan started with affiliate marketing. It served as a way to generate initial funds that he could reinvest into his business education. While affiliate marketing didn’t yield large profits, it helped him gather enough capital to invest in learning and testing new business strategies.
What did Mas Dauhan learn from his experience in dropshipping internationally before entering the Indonesian market?
-Mas Dauhan initially worked in dropshipping in the US and Europe, where he gained experience in product research, advertising, and landing page creation. However, after facing challenges such as payment processor bans, he switched to the Indonesian market. The primary difference he encountered was the use of Cash on Delivery (COD) in Indonesia, which presented challenges like return issues and delivery problems.
How did Mas Dauhan's first month of dropshipping in Indonesia go?
-Mas Dauhan's first month in Indonesia was a relatively good start. He earned around 100 million IDR in revenue, but he was surprised by the low net profit margin (only 5%). He learned that there are significant challenges in the local market, particularly with COD and logistics issues, which can eat into profits.
What challenges did Mas Dauhan face with Cash on Delivery (COD) in Indonesia?
-In Indonesia, Mas Dauhan encountered several issues with the COD system. These included problems with returns, missing packages, and customers not confirming their orders after purchasing. Unlike markets like the US and Europe, where transactions are often completed online through credit cards, the COD system in Indonesia introduced these new complexities.
What made Mas Dauhan decide to join the Okademy Immers Club?
-Mas Dauhan joined Okademy Immers Club after learning about advanced strategies in dropshipping, particularly techniques for reducing returns, handling customer service (CS) closing strategies, and product research tailored for the Indonesian market. He felt the program would help him overcome the challenges specific to Indonesia's dropshipping landscape and give him a competitive edge.
How did the mentoring at Okademy Immers Club help Mas Dauhan?
-The mentoring provided by Okademy Immers Club helped Mas Dauhan gain deeper insights into dropshipping in Indonesia. He learned new techniques for controlling Facebook Ads bids, finding winning products, and understanding the local market dynamics. These strategies proved crucial for him to successfully scale his business in Indonesia.
What specific technique from Okademy Immers Club does Mas Dauhan still use today?
-Mas Dauhan continues to apply the Facebook Ads bidding technique that he learned from Okademy Immers Club. This technique helps him control ad spend effectively and target the right audience, which is critical in optimizing the performance of his dropshipping business.
What is Mas Dauhan's view on the importance of investing in knowledge and mentorship?
-Mas Dauhan believes that investing in knowledge and mentorship is essential for success in business. He emphasizes that while technical skills can be learned through platforms like YouTube, gaining a deeper understanding of mindset, business fundamentals, and the right strategies can set one apart from the competition. He sees mentorship as a way to fast-track his learning and avoid common pitfalls.
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