Dropshipping Speedrun to $1,000 Profit

Summary

In this thrilling entrepreneurial challenge, the creator aims to rapidly achieve $11,000 in profit through dropshipping, treating it like a speedrun video game. Starting from scratch, the journey is broken down into manageable levels, from the first sale to consistent profit. The creator leverages viral TikTok videos to sell a folding duffel bag, optimizing ads for maximum conversion. With strategic scaling and real-time adjustments, the goal is pursued relentlessly, showcasing the dynamic nature of e-commerce and the potential for significant financial success in a short timeframe.

Takeaways

• 🎮 The video compares making money through dropshipping to playing a video game, aiming to reach $11,000 in profit quickly.
• 🚀 The challenge is to achieve the goal of $11,000 in profit by breaking it down into smaller, more manageable levels, starting from finding a winning product to consistent profit.
• 🛍️ The product chosen for the speedrun is a folding duffel bag, which has proven to be successful based on previous sales through TikTok Shop as an affiliate.
• 📈 The strategy involves repurposing viral videos that previously sold the product on TikTok into ads for a dropshipping store, aiming to drive traffic and sales.
• 💡 The video emphasizes the importance of a good product and knowing how to sell it, which the creator claims to have mastered, as key to the success of the speedrun.
• 🕒 The creator sets up a timer to track the progress of reaching the goal, highlighting the urgency and the race against time to achieve the profit target.
• 🌐 The website for the dropshipping store is already built, and the focus is on setting up and optimizing TikTok ads to drive sales.
• 📊 The video discusses the process of monitoring ad performance, making adjustments, and scaling up successful ad campaigns to increase sales and profit.
• 🔗 The creator mentions using a tool called autods to manage orders and connect with suppliers, simplifying the process of fulfilling customer orders.
• 🏆 The final goal is achieved with a total profit of $1,375, reached in 31 hours and 14 minutes, showcasing the potential of dropshipping when executed effectively.

Q & A

What is the main goal of the video?

The main goal of the video is to attempt to speedrun the process of making $11,000 in profit through dropshipping.

How does the creator compare making money to playing a video game?

The creator compares making money to playing a video game by viewing it as a series of levels to achieve, with infinite levels and the ability to keep the money made, likening it to a real-life version of the game Grand Theft Auto (GTA).

What is the first level the creator identifies in the dropshipping 'game'?

The first level in the dropshipping 'game' is finding a winning product to sell.

What product does the creator choose for this speedrun challenge?

The creator chooses a folding duffel bag as the product for the speedrun challenge.

What was the creator's strategy for the weeklong $1,000 challenge previously?

The creator's strategy for the weeklong $1,000 challenge was to sell the folding duffel bag through TikTok shop as an affiliate.

How does the creator plan to leverage past success for the speedrun?

The creator plans to leverage past success by compiling viral videos from the previous challenge and editing them to direct viewers to his website for dropshipping.

What is the significance of the folding duffel bag's ability to be a carry-on?

The significance is that it saves users money by avoiding checked bag fees on flights, which is a key selling point in the advertising strategy.

What platform does the creator use for advertising the product?

The creator uses TikTok for advertising the product, setting up campaigns with ad groups containing viral videos.

What is the creator's approach to scaling the ads in the speedrun?

The creator's approach is to start with a higher budget for the ads from the beginning, setting each campaign with a $100 budget to spend at midnight, which is a departure from the usual lower-scale start for new products.

What is the 'final boss' in the context of the video?

The 'final boss' refers to the ultimate goal of achieving $11,000 in profit within the set timeframe of the speedrun.

How does the creator handle the process of order fulfillment and customer information?

The creator uses a service called autods to handle order fulfillment and customer information, which connects the product to the Shopify store and allows for automatic or manual order dispatch.

What is the outcome of the speedrun challenge?

The creator achieves a total profit of $1,375 in 31 hours and 14 minutes, falling short of the $11,000 goal but still successfully beating the 'final boss' of the challenge.

Outlines

00:00

🚀 Speedrunning to $11,000 in Drop Shipping Profits

The speaker embarks on a challenge to rapidly achieve $11,000 in profit through drop shipping, likening the process to a video game with infinite levels. They aim to find a 'money glitch' by breaking down the large goal into smaller, manageable levels. The chosen product is a folding duffel bag, which has previously proven successful through TikTok affiliate marketing, yielding over $10,000 in commission. The strategy involves repurposing viral videos to direct traffic to the speaker's website instead of the TikTok shop, leveraging the bag's popularity and the videos' effectiveness.

05:01

📈 Scaling Up with TikTok Ads and Analyzing Performance

The speaker details the process of setting up TikTok ads to promote the folding duffel bag, with a focus on optimizing ad performance. They establish six campaigns with a $100 budget each, containing videos that highlight the bag's benefits and direct viewers to their website. The speaker monitors the ads' performance, making adjustments such as doubling the budget for high-performing ads and reducing or pausing others. They emphasize the importance of continuous optimization and the thrill of the challenge, comparing the experience to a video game where they 'level up' through sales milestones.

10:01

🛍️ Final Push to Beat the $11,000 Profit 'Final Boss'

Despite initial success, the speaker faces a slowdown in ad performance towards the end of the day, leading to a strategic decision to turn off ads to protect profits. They express determination to reach the $11,000 profit goal within the set timeframe, even if it means staying up past midnight to optimize ads. The speaker reflects on the challenge's difficulty, particularly in finding a reliable supplier and managing the supply chain, and credits tools like autods for simplifying these processes. The narrative concludes with a successful final push, achieving the goal in 31 hours and 14 minutes, and the speaker invites viewers to learn more about drop shipping through a free course.

Keywords

💡Drop Shipping

Drop shipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product using the dropshipping model, it purchases the item from a third party and has it shipped directly to the customer. In the video, the creator is using drop shipping as a business model to sell a folding duffel bag, aiming to achieve a profit of $11,000 by leveraging viral videos and advertising on TikTok.

💡Speedrun

In the context of video games, a 'speedrun' is an attempt to complete a game or a specific task within the game as quickly as possible. The video creator metaphorically applies this concept to his business venture, aiming to rapidly achieve a profit of $11,000 through drop shipping. The term is used to emphasize the urgency and efficiency required to reach the financial goal within a short timeframe.

💡Profit

Profit in business terms refers to the money remaining after all the costs have been deducted from the revenue. In the video, the creator's ultimate goal is to reach a profit of $11,000 by selling a folding duffel bag through drop shipping. The script frequently mentions profit as a measure of success, showing the creator's focus on financial gain as the primary metric of his speedrun challenge.

💡Viral Videos

Viral videos are those that spread rapidly across the internet, attracting a large number of views in a short period. In the video, the creator mentions that he had previously posted viral videos about the folding duffel bag on TikTok, which helped him gain significant sales as an affiliate. He plans to repurpose these videos for his drop shipping business, aiming to capitalize on their popularity to drive sales.

💡TikTok Ads

TikTok Ads are a form of online advertising where businesses can promote their products on the TikTok platform. The video creator uses TikTok ads to drive traffic to his website and increase sales of the folding duffel bag. He sets up multiple campaigns with various ad creatives, adjusting budgets and strategies based on their performance, which is a key part of his speedrun strategy.

💡Product Selection

Product selection is the process of choosing which products to sell in a retail business. In the video, the creator has already completed this step by selecting a folding duffel bag as his product. He expresses confidence in the product's potential for sales, which is based on its previous performance in viral videos and his experience with it during a previous challenge.

💡Affiliate Marketing

Affiliate marketing is a performance-based marketing strategy where businesses reward affiliates for each customer brought by the affiliate's own marketing efforts. In the script, the creator mentions that he previously sold the folding duffel bag as an affiliate through TikTok Shop, earning a commission on each sale. This experience informs his strategy for the drop shipping speedrun.

💡Advertising Angle

The advertising angle refers to the specific approach or message used to promote a product. In the video, the creator discusses his strategy for advertising the folding duffel bag, focusing on its ability to save money by avoiding checked baggage fees. He uses this angle in his TikTok ads, emphasizing the bag's practicality and cost-saving benefits to persuade viewers to make a purchase.

💡Autods

Autods, as mentioned in the video, is a platform that connects product suppliers with Shopify stores, facilitating the process of order fulfillment in drop shipping. The creator uses Autods to manage orders and ensure that products are shipped directly to customers from the supplier. This service is crucial for efficiently handling the logistics of drop shipping, allowing the creator to focus on sales and marketing.

💡Sales Funnel

A sales funnel is a marketing concept that illustrates the journey potential customers go through from being prospects to becoming actual buyers. The video creator implicitly uses the sales funnel concept when discussing the structure of his TikTok ads, which are designed to entertain, inform, and persuade viewers to purchase the product. The ads are crafted to guide viewers from initial interest to the point of sale.

Highlights

The goal is to achieve $11,000 in profit through drop shipping in a speedrun fashion.

The analogy of making money as a video game where levels are infinite and the money is real.

Drop shipping is chosen for its simplicity and the presenter's prior success with it.

Level one in drop shipping is finding a winning product, which has already been accomplished.

The product chosen is a folding duffel bag, with a backstory of previous success on TikTok Shop.

The strategy involves repurposing viral videos into ads for the drop shipping platform.

The website for the drop shipping business is already set up and operational.

Six ad campaigns are created with a $100 budget each, targeting midnight for ad spend.

The first sale is achieved within 12 hours, marking the completion of level two.

Profits reach $100, hitting level three, with consistent profit as the next goal.

The presenter wakes up early to optimize ads for better performance.

Sales reach $328, with a profit of $105, indicating a shift towards consistent profit.

The ad creative that performed best is identified and its budget is doubled.

Profits reach $255, with the presenter attributing success to a specific ad creative.

The presenter discusses the importance of finding a good supplier and the role of AutoDS in the process.

The final boss of $1,000 in profit is the ultimate goal, with a current profit of $320.

The presenter decides to stay up late to optimize ads in real-time to achieve the goal within the same day.

Sales and profit continue to rise, but all ads are turned off to maintain profit margins.

The final sale comes in after 31 hours and 14 minutes, achieving the goal of $1,000 in profit.

A free drop shipping course is mentioned as a resource for those interested in learning more.

Transcripts

through Drop Shipping I'm going to

attempt to speedrun my way to $11,000 in

profit and the timer starts now so hear

me out on this we've all seen people

speedrun video games before and a lot of

time for me I like to look at making

money also as a video game rather than

beating level one that could be getting

your first sale or first $100 but with

business the levels are infinite and you

get to keep the money you make it's

basically GTA in real life so all we

have to do is find our version of the

money glitch to do this if this is me

and I'm here sitting at $0 we have a

long way to go to reach the final boss

of $11,000 in profit but this big goal

seems simple when I break it up into

smaller more achievable levels and as I

said to do this my business of choice is

Drop Shipping because of how simple it

is when you have a good product to sell

and know how to sell it which I already

do and that's what I'm about to show you

so level one when it comes to drop

shipping is finding a winning product

which I already accomplished level two

is getting your first sale three first

$100 level four consistent profit and

for this game the final boss is that

$1,000 in profit this whole idea sprung

upon me late last night when I was

reflecting on a pass challenge I did

taking a product from0 to $1,000 in a

week because this product is so proven

and what slowed me down last time was

trying to find the right ways to

advertise it so now that I know these

things I should be able to do it in a

fraction of the time right well let's

find out so the product I'm selling is

this folding duffel bag right here and

here's a little more backstory so you

can see why I'm so confident in it for

the weeklong $1,000 challenge I was

selling it through Tik Tok shop as an

affiliate which did some pretty crazy

numbers 8.8 million 970k 400k 400k 300K

and many more which led me to profit

well over $10,000 in commission so my

plan for this speedrun is to compile all

the viral videos I posted before into

new Drop Shipping paay app basically

changing them from saying go grab it on

the Tik Tok shop to click shop now and

get your own on my website this puts me

at an advantage because I know those

videos and the product itself sells well

and all I got to do is edit them to say

the right things and lead the viewers to

my

website all right let's see where this

timer's at it's been an hour and 55

minutes so far and all six of the ad

creatives I was making are ready to go

and ready to be set up in Tik Tok ads

but let me pull up an example so you can

understand the advertising angle I use

for this bag so I bought this bag off

Tik Tok after I saw countless videos of

people saying that big airline companies

are trying to get rid of it so let me

show you why and the whole rumor around

this is that it's saving people like me

and you an insane amount of money never

having to check a bag because of this

right here as the bag all folds up and

your clothes go in the bottom and then

as you can see right now I'm fitting out

large suitcase amount of stuff into this

one carry-on duffel bag meaning I'm not

going to have to spend a hundred bucks

on this next flight it was a no-brainer

for me because that meant all I had to

do was take one flight and I would make

my money back on it and yes as you can

see it does work as a carry-on and if

you want to get your own the 25% off

sale ends tonight so click shop now

shows the bag shows how it works shows

why they need it and shows where to get

it which is the perfect format for a Tik

Tok ad but you get the point and I'm on

the clock so it's back to conquering our

first objective which is getting that

first sale and the only two things I

still have to do for that is build my

website and get the Tik Tok ads set up

to start spending at midnight but the

website is actually already done as you

can see here and I actually filmed a

full tutorial for you guys on how I

built this exact website but more on

that and where to find it in a second

because I'm on the clock and I got to

get these Tik Tok ads set up so they get

approved by midnight all right as you

can see I have six CBO campaigns set up

right here each with a $100 budget and

they each contain five ad groups with

the videos I made earlier each campaign

gets its own videos so since I made six

we have six campaigns and I usually do

start at a lower scale for new products

and new ad creatives but this is a

speedrun and we don't have time to waste

so again as you can see they all say

outside of schedule meaning they're all

going to start spending at midnight so

for the next 4 hours I just have to wait

while the clock is still running which

is a bummer but having them start at

midnight is going to help with

performance little nervous to see what I

wake up to with over $600 in budget

ready to spend but I'm also very

confident in the product and the ads we

made and because I skipped over it

earlier if you do want to see how I set

up this website and things like the ads

well I just released my brand new

completely free Drop Shipping course

that I've been working on for months

every single day behind the scenes and

in total it's around 8 hours of content

an hour website build hours on organic

advertising paid ad strategies literally

Everything I Know About Drop Shipping

put into one free course I'm so hyped to

finally be able to say this and you can

check it out anytime at study drop

shipping.com but I'll be seeing you guys

in the morning with either good or bad

news all right it's 6: in the in the

morning and I got up a little bit

earlier than usual so that I can make

adjustments on the ads to help them

perform better earlier in the day and I

haven't even unlocked my phone but as

you can see there's an order from 2

hours ago and 1 hour ago definitely good

news so far and that brings us up to

level two already with 12 hours on the

clock maybe it's a sign but that ad

creative I showed and played for you

yesterday is the one that's actually

performing the best the rest are giving

me some worries but I think and I hope

as the day goes on and they start to

spend more they'll start to optimize and

perform better so I'm about to make some

tweaks keeping some at groups on and

turning others off which I'll explain

more in a few hours once I can think

straighter I'm more awake and hopefully

we have more results all right things

are definitely starting to move in the

right direction 8:00 a.m. now and we've

already reached level three $328 in

sales as you can see which is around

$105 in profit but to go from the first

$100 to consistent profit can get tricky

because I have to start ramping it up a

bit so if I come into Tik Tok ads

manager you can see creative forward the

one I showed yesterday has brought in

three of those orders good CPC good CPA

so what I'll do is double its budget to

$200 for now and what we hope to see is

even at this higher scale these metrics

will stay the same and it will continue

to bring in orders at this low cost

creative 6 as you can see also brought

in order but it hasn't given me the

confidence yet to bump its budget so

I'll give it more time at $100 and for

the other four since I don't want to

give up on them yet what I'll do is

actually lower them to $50 to just see

if they will bring any orders I don't

know if it's just me but this feels so

much like a video game I'm just clicking

buttons on here to make my money go up

on Shopify timer isn't looking too bad

and hopefully these adjustments will

help speed up the process it's an hour

later and I didn't film any sales

because I don't have any sense then not

nervous but this timer constantly

running does not help but there still is

a ton of people coming to my website and

typically sales do go up and down

throughout the day yes sir yes sir yes

sir all right you can see this total

going up now and from those sales it's

around $255 in profit from the math I

did in my head and it's mainly because

of creative 6 which is the one I showed

earlier that I kept at $100 budget and

it had one order well now it's really

starting to shine which is honestly

hyping me up because when I was creating

these ads it was the one I had the most

confidence in and before I remade it

into a Drop Shipping ad it had 300,000

views on Tik Tok and was a Tik Tok Shop

video I posted it on February 12th and

just in the month of June alone it has

got 26,000 more views and has sold 29

bags from those views which is an insane

conversion rate and for me it's

completely passive too you typically

don't even see organic videos get a $50

sale for 10,000 views but this one is

getting it for less than 1,000 so what

I'm saying is I knew it sold well and I

had a really good feeling about it when

I was re-editing all these creatives so

I'm going to double this one's budget as

well and if it continues to do good I'll

show it and explain why I think it

performs so well I think at this point

it's safe to advance myself into level

four because we have $848 in sales which

leaves me around $320 in profit which

has been coming in consistently the

sales are creeping up to that $11,000 in

profit but Revenue doesn't really matter

and for profit we're about 30% of the

way there to beating the final boss and

in video games there are always levels

or certain missions that are boring but

more commonly confusing which for me

when I was starting the Drop Shipping

video game was finding a good supplier

figuring out how to connect the

customers information to the product so

it goes directly to them and of course

how to not get scammed sending money to

a random Manu ufacturer in China and

hoping they send your product to your

customer but in today's day and age this

is one of the easiest parts thanks to

autods what they do is directly connect

the product you have picked to your

Shopify store so if you get an order on

your store it shows up in autods and you

can have it automatically sent out or do

it manually in just a few clicks they're

known for being a supplier but recently

I've been utilizing their ad spy tool to

where I can simply just type duffel and

see exactly what ads my competitors are

using and if they're working or not as

I'm currently editing this I'm also

sending out all the orders to the

customers using autods which is usually

the most asked question in the comments

so I'll have a link below if you want to

sign up and start a free trial and also

in the free course I go in depth on how

to set it up so the question now is if I

can accomplish this today and how fast

because to get to this point it has

taken almost 18 hours and if I don't do

it today then I'm going to have to set

up new ads wait till midnight for them

to start spending which adds a bunch of

time especially when I'm sleeping but

that's not an option in my head we are

doing it today and I'll stay up as late

as as I have to so let's up the ad span

on the two winning creatives and keep it

rolling okay one that creative number

six is doing really well and two I

realized I never showed it to you guys

and here's the clock here's the sale so

far and here's the video come with me to

test out the viral DL bag on Tik Tok

that apparently holds more clothes in a

large suitcase so I got about five

outfits here and what's crazy is there's

still room for more even after I fold it

out and the reason it can hold so much

is because where you would usually put

your clothes is where you can hold

everything else now aside from the

amount it holds the amount of money it

saves you is even crazier because of its

size you won't have to spend $50 to $100

check in a bag every time you travel

while you can still hold the same amount

and buy this one time for $65 yes I have

tested it and yes it works as a carry-on

and gets through TSA so if you want one

the 25% off sale ends tonight so click

shop now to get your own so my thought

process with this product and the ad

creation was to First entertain and

explain so as you saw in the first half

I was talking about how it works where

your clothes go and how it folds up but

in the second half it was sell sell sell

because if the viewer had already made

it to this point they were obviously

interested so I introduced the issue of

spending $50 to $100 every time you

travel check in a bag and then brought

in the bag to perfectly solve it because

it only cost $60 so if they use it once

they'll make their money back on it and

offer most can't say no to especially

those who are already interested based

on how cool it is $574 in profit which I

am hyped on but starting to get a little

nervous because sometimes around this

time of day ads will start to die out

here's me thinking about what I wanted

to say next for about a minute and then

what the definitely calm down those

nerves a bit and you can see I was

pretty pumped up I was just trying to

think of what else I wanted to tell you

guys but hey there's an order so I guess

let's just keep it rolling it's been 5

hours and there's good and bad news the

good news is that the sales have almost

doubled since the last check-in and the

profit is Right On The Edge at

$875 64 but all the ads are fully turned

off which means yes I'm not going to get

it today the reason I had to turn them

off is because although the sales kept

going like this the profit started

slowly going down to where the last $100

I spent brought in no orders so even

though I didn't want to I knew it was a

smarter move to just turn them off and

not let that start eating into our

profit even though the sales would have

kept going up so how long's it been Now

26 hours on the clock wow I feel a

little weird being bummed out about

$875 in profit because any other

challenge or day I would be stoked but

as you saw earlier I was so dead set on

this goal and maybe a little too

confident you also probably remember

when I said I'll stay up as late as I

have to well that's exactly what I'm

doing we just need a few more orders to

do this so if I can start optimizing the

ads right when they start spending at

midnight it should be quicker than me

sleeping till 6:00 a.m. and checking in

the morning so see you at

midnight so the first order came in at

1225 leaving me around $75 away from the

final boss then two at 12:45 and a

double order at125 to finally close it

out and yes it's the next day right now

because I could barely keep my eyes open

let alone film the final sales recap but

whoever you are that bought 2 at 1:30 in

the morning I appreciate you letting me

go to sleep at that time now before I

show the sales profit and final time

it's important for me to mention that I

was only running the creatives that

performed good the day before creative 4

and 6 so they were getting all the

budget and since I had the proof from

the day before that they sold well it

was truly just a waiting game until

midnight and I had them each at a $400

daily budget so they would spend faster

yesterday I was awake for over 20 hours

so I hope you got some entertainment and

learned something watching that but the

sales yesterday came out to

$2,278 64 and $324 today after

calculating it this brought the total

profit to

$1,375 and the final time for this

speedrun was 31 hours 14 minutes in 53

seconds which I ended when that final

sale came in and now that I've tried it

once I'm already thinking of how I can

improve which I know I can mainly by

cutting out the 8 hours of sleep in the

middle but let me know in the comments

if you want to see me try again in any

other Drop Shipping YouTubers I'd love

to turn this into a challenge where we

all compete against each other again if

you want to learn in-depth how I run and

scale these ads and every other part of

Drop Shipping for free just head to

study drop shipping.com which will be

the first link below but the final boss

has been beaten and I appreciate your

time spent here watching today