🛍️ How to Make Money with Drop Shipping on Black Friday and Cyber Monday
Are you ready to make some serious money this Black Friday and Cyber Monday weekend? If so, then you're in luck because I'm going to share with you my exact plan to make even more money than I did last year. In this article, I'll be showing you what type of product to sell, how to create a website that converts, and how to market your product effectively using Facebook ads. So, let's get started!
Table of Contents
1. Introduction
2. Choosing the Right Product
3. Creating a Website that Converts
4. Marketing Your Product with Facebook Ads
5. Scaling Your Campaign
6. Conclusion
Choosing the Right Product
The first step in making money with drop shipping on Black Friday and Cyber Monday is to choose the right product. For this year's holiday season, I recommend selling a digital product, such as a digital planner. Digital products have a higher profit margin than physical products, which means you can make more money with less effort.
To find the right product, look for something that is trending and has a steady demand. Use Google Trends to see if there is a spike in interest for a particular product. Also, look for products that have a high profit margin and low competition.
Creating a Website that Converts
Once you have chosen your product, it's time to create a website that converts. Your website should be clean, simple, and easy to navigate. Use high-quality images and videos to showcase your product and make sure your product page is optimized for conversions.
One thing that can significantly increase your conversion rate is using popups. During the holiday season, it's okay to use popups to promote special offers. Use an app like Adoric to create popups that offer a discount code or other special offer.
Marketing Your Product with Facebook Ads
The next step is to market your product using Facebook ads. Start by creating a campaign with 50 ad sets at $10 per ad set. Target people who have iPads or other tablet devices, as these are the people who are most likely to buy a digital planner.
After one day, turn off the ad sets that did not get at least two sales. Leave the ad sets that got two or more sales on for three to five days to optimize further. After a week, begin the scaling process by duplicating the ad sets that are working and increasing their budget.
Scaling Your Campaign
As your campaign starts to generate more sales, you can begin to scale it even further. Use lookalike audiences and custom audiences to target people who are similar to your existing customers. Also, target people who added your product to their cart but did not buy it with a new ad creative that offers an even bigger discount.
Conclusion
In conclusion, making money with drop shipping on Black Friday and Cyber Monday is all about choosing the right product, creating a website that converts, and marketing your product effectively using Facebook ads. By following the steps outlined in this article, you can make this holiday season your most profitable one yet.
Pros and Cons
Pros:
- Digital products have a higher profit margin than physical products
- Popups can significantly increase your conversion rate
- Facebook ads are an effective way to market your product
Cons:
- Choosing the right product can be challenging
- Creating a website that converts takes time and effort
- Scaling your campaign can be expensive
Highlights
- Choose a trending digital product with a high profit margin and low competition
- Use popups to promote special offers and increase your conversion rate
- Create a clean, simple website that showcases your product and is optimized for conversions
- Use Facebook ads to target people who are most likely to buy your product
- Scale your campaign by duplicating ad sets that are working and increasing their budget
FAQ
Q: What is drop shipping?
A: 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, it purchases the item from a third party and has it shipped directly to the customer.
Q: How much money can I make with drop shipping?
A: The amount of money you can make with drop shipping depends on the product you sell, your profit margin, and your marketing strategy. With the right product and marketing strategy, you can make a significant amount of money.
Q: Do I need a lot of money to start drop shipping?
A: No, you don't need a lot of money to start drop shipping. You can start with a small budget and scale your business as you generate more sales.
Resources:
- Adoric: https://adoric.com/
- Google Trends: https://trends.google.com/trends/
- Shopify: https://www.shopify.com/
