I Tried Shopify Dropshipping For 24H (Realistic Results)

Summary

In this 24-hour Drop Shipping challenge video, the host sets up a Shopify store and tests a self-cleaning hairbrush, targeting a broad female audience. Utilizing tools like Seller Account for product research and Launch Ads for video content, the host runs TikTok ads to generate sales. Despite some ad account hiccups, the campaign results in $209.94 in revenue with a profit of $50.62, showcasing the potential of the product and the effectiveness of the strategy.

Takeaways

• 😀 The video is about a 24-hour Drop Shipping challenge where the host sets up a business and runs it for a day to observe the results.
• 🛍️ The host offers a special Shopify deal for new viewers, providing three months at one dollar per month using an affiliate link.
• 📸 The host mentions a new car purchase and encourages viewers to follow him on Instagram for updates and to see the car.
• 🎓 A past student of the host's one-on-one mentoring reported a successful month with $460 in earnings, inspiring the host to offer mentoring again.
• 🔍 The host uses a product research tool called Seller Account to find products for the drop shipping business, highlighting its affordability and usefulness.
• 💡 The chosen product is a self-cleaning hairbrush, identified as having a broad appeal and potential for satisfying customer needs.
• 🛒 The product is sourced from AliExpress with a good rating and reasonable shipping time, offering a significant profit margin.
• 🏪 The host uses Start Stores to set up the Shopify store without building it himself, promoting a discount code for viewers.
• 🎬 Launch Ads is used to create video advertisements for the product, focusing on TikTok vertical videos with different variations to test audience response.
• 📊 The host details the process of setting up a TikTok ad campaign, including targeting, budgeting, and optimization settings.
• 📈 The results show a positive outcome with $209.94 in revenue, good ad performance metrics, and a profit of $50.62 after 24 hours.

Q & A

What is the main concept of the video?

The main concept of the video is to set up a Drop Shipping business and run it for 24 hours to see the results and learn from the process.

What special offer is mentioned for new Shopify store owners?

A special offer of three months for one dollar per month is mentioned for new Shopify store owners using the provided affiliate link.

What is the presenter's Instagram handle?

The presenter's Instagram handle is 'Econ Marco'.

What car did the presenter buy and why is it mentioned in the video?

The presenter bought a BMW X6 2021. It is mentioned to engage the audience and to promote his Instagram where more details and pictures might be shared.

What is the product chosen for the Drop Shipping challenge and why was it chosen?

The product chosen is a self-cleaning hairbrush. It was chosen because it's a broad product with a large audience, has a satisfying factor, and is likely to sell well, especially to female buyers.

What is the price of the product on AliExpress and what is the margin?

The product is priced at 11 dollars on AliExpress, with a margin of around 25 dollars when sold at 35 dollars.

What tool does the presenter use for product research and why?

The presenter uses 'Seller Account' for product research because it pulls Tick Tock ads, is affordable at 9.99 dollars a month, and is considered very effective.

What service does the presenter use to build the store and how much does it cost?

The presenter uses 'Start Stores' to build the store, and the cost is not specified in the script, but a discount code 'Marco 10' is mentioned to save 10 dollars.

What are the ad variations created by Launch Ads and why are they important?

Launch Ads created three different variations of the same ad with different beginnings. They are important because the beginning part of the video is crucial for capturing the audience's attention.

What targeting strategy was used for the Tick Tock ads and why?

The targeting strategy used was USA, all languages, female only, and 18 plus. This broad targeting approach was chosen to reach a wide audience without focusing on specific interests.

What were the results of the 24-hour Drop Shipping challenge in terms of revenue and profit?

The results of the challenge included 209.94 dollars in revenue, 81.78 dollars in ad spend, 63.65 dollars in product cost, and a profit of 50.62 dollars.