FOUND A WINNING PRODUCT? BE CAREFUL – Shopify Drop Shipping Tutorial
You found a winning product? BE CAREFUL! In this video I’m going to explain what you have to realize when you find your first winning product.
WATCH THE VIDEO BELOW
Found a winning product? Be careful
I was on Facebook recently and I saw a post made by one of my E-commerce friend…It was a super long post but basically he said that over the last year he became depressed because he had a few winning product and he was making a lot of money, but all of a sudden his sales went down and at some point he was not making any money…
THIS HAPPENS OFTEN. This is why I created this post. I want you to be AWARE of a few things when it comes to drop shipping…
YOUR WINNING PRODUCT WON’T LAST FOREVER!!!!
I made that mistake too when I first found a winning product….I thought I was set for life and that I was going to make money with this product forever (I was making around $1000 per day with it). I still remember this to this day…I was making all of this money and then after one month and a half (This winning product really didn’t last long) my sales started to decline massively to the point were this product wasn’t making any money anymore!
Lots of people do this mistake also : They don’t realize that winning products DON’T LAST FOREVER.
How long it will last really depends; I have products that have been making me lots of money for over a year now!! It really depends of the market size, how well you scale it and what your competitors are doing.
YOU NEED TO ALWAYS TEST NEW PRODUCTS
The smartest thing you can do is to ALWAYS test new products on your store…You should test new products EVERY WEEK. Even if you have a winning products, you should STILL TEST NEW PRODUCTS.
You need to do this because your winning products won’t last forever! And if one of your winning product dies and you don’t have another winning product to scale, what are you going to do?
This is why I consistently test one new product per audience that I have in my store (If you want to learn how I build my audiences, click here).
I try to consistently test one new product per audience that I have for a particular store. So if one of my store has 7 audiences (audiences based on interests, keywords…not lookalike), then I will test 7 products that week…
I guarantee you that if you do this, you will never run out of winning products for your drop shipping business.
If you are looking for more, or are wanting to seriously pursue making money with e-commerce, then I want to invite you to join my E-commerce University Program.
E-commerce University is a step-by-step video training course that walks you through everything. The students in it are making a lot of money and the reviews are amazing.
In the program, you get to see me create an E-commerce business from scratch. The program consists of over 45+ “over the shoulder” videos where you get to watch me do everything.
You will learn EVERYTHING you need to know to be successful with e-commerce/dropshipping in this program. I leave nothing out and I am 100% transparent! I share with you exactly what I do with my stores, and even how to scale this business by automating and outsourcing the whole process by hiring virtual assistants! You will learn how to pick a good niche, good products,how to do Facebook ads, Instagram ads, advanced promotions strategies and much much more. This is the exact system I used on all of my stores.
To find out more about E-commerce University, CLICK HERE.
Please leave a comment below or let me know any questions you have. I’d love to hear what you think!