How to Generate $100,000 in 45 Days with a Shopify Drop Shipping Store
Are you a complete beginner looking to make money with a Shopify Drop Shipping Store? Look no further than Eric, a gentleman from Switzerland who generated $100,000 in just 45 days with his brand new store. In this article, we'll be breaking down his strategy step by step so that you can replicate his results and achieve success in the next 45 days.
Table of Contents
1. Introduction
2. Finding a Winning Product
3. Creating a General Store
4. Designing a High-Converting Landing Page
5. Translating Your Website for International Markets
6. Creating Winning Facebook Ads
7. Scaling Your Ads for Maximum Profit
8. Conclusion
Finding a Winning Product
The first step to generating $100,000 in 45 days with a Shopify Drop Shipping Store is finding a winning product. Eric used a tool called Afterlip to find a product that was already performing well in the United States. He then filtered the results by country and found that the product was not yet being sold in European markets. This presented a lucrative opportunity for him to take advantage of.
Once you've found a winning product, it's important to test it thoroughly before scaling. Eric's strategy was to test as many products as possible in the shortest amount of time. He would test two to three products per day and if they didn't work, he would move on to the next one. This allowed him to learn quickly and minimize losses.
Creating a General Store
Eric's strategy was to create a general store rather than a niche store. This allowed him to sell any product on the store and attract customers through social media traffic. He understood that customers would land on his landing page and that only a small percentage would go on to search for other products. By having a general store, he was able to pull all of his customers into one place and analyze the data to determine which products had potential.
Designing a High-Converting Landing Page
The landing page is where the magic happens. Eric looked at his competitor's store and Facebook ads to determine what was missing and what they didn't have. He noticed that there were no human photos, only photos of the product. He added images of humans wearing the product to the landing page and added a live chat feature to get feedback from customers. He also built an FAQ page based on the feedback he received.
Translating Your Website for International Markets
Eric's strategy was to take advantage of the European market by translating his website into the native language of the countries he was targeting. He used Fiverr to find freelancers to help him with the translation and found that he was able to make way more money in the European market with hot products from the US.
Creating Winning Facebook Ads
The key to creating winning Facebook ads is to let the video and image creatives dictate who you want Facebook to serve the ad to. Eric used a CBO campaign with a daily budget of $100 and targeted Belgium, Switzerland, and France. He did zero targeting and let Facebook's smart engine do the rest. He used the best performing video from his competitor's US market and recreated it in the native language. He also added a voiceover in the native language using AI voiceover software.
Scaling Your Ads for Maximum Profit
Once you've found a winning ad, it's time to scale. Eric's strategy was to double the budget every 2-3 days and eventually go from $100 to $200 to $400. Facebook's smart engine has become so clever that you don't need to do the targeting anymore. As long as you're interchanging the ad creative and changing the budget, Facebook is pretty much doing the rest for you.
Conclusion
In conclusion, Eric's strategy for generating $100,000 in 45 days with a Shopify Drop Shipping Store is simple but effective. Find a winning product, create a general store, design a high-converting landing page, translate your website for international markets, create winning Facebook ads, and scale for maximum profit. By following these steps, you too can achieve success in the next 45 days.