I have to admit blogging ain’t easy folks, and I’ve only been at this for what, like a couple of weeks now, or a month maybe?. I’ve got so much going on between the store, life and then this blog, damn! But I love it. I love giving updates and best of all, I get to document my journey to $1,000,000. That’s a lot of zeros by the way, I’m still freaking out just reading the number out loud. I believe I’ll achieve that even though right now it seems like everything couldn’t get worse.
As usual that was my introductory rant and personal pep talk. I hope you enjoyed it or at most cringed a bit as you read (I know I did). Alright, on to the numbers, and as you have already noticed, there seems to be a pattern here. A downward kind of trend if I may say, meaning I am still losing money. So the numbers were as a result of me experimenting a little and at some point just being plain old idiotic. I went ahead and spent money on something I shouldn’t have purely because I was impatient and quite frankly I thought it would bring in at least a sale or two.
So as you probably remember from last week I changed the product to something else (Flexible phone holder) just to try and see if it would work. I ran ads as I had scheduled and spent about $10 dollars for the week. Unfortunately, there wasn’t a single sale and I had about 75 store sessions all with not even a single add to cart. At this point I felt frustrated and heart broken if I’m being sincere. I mean why wouldn’t I, seeing as I had just spent more money on a loosing campaign.
In my mind I felt there was only one thing left to do. And as I was doing my research as usual looking for whatever relevant information I could find, I stumbled upon a blog about shopify dropshipping (by the way, did I ever mention that shopify denied my application to become an affiliate?). On the blog there was a really nice piece on how to run your store, traffic sources and more. What caught my eye on this site though, was a banner about having a highly converting store made for you for only $10 (cheap huh!).
So I did the only sensible thing any person would have done. Went and read the reviews, and placed myself an order for my site. My reasoning for doing this was the fact that I was getting all these visits to my sites but no actions, so I thought my store had to be the issue. Now granted the guy did a really good job (I thought, at the time), it was just not the kind of store set up one needed to have in 2020. I found out that the store looked spammy and that customers wouldn’t really want to buy from the site, whereas in my head it was the perfect store and the answer to my problems.
Just to test it out, I went and set up bing ads and ran them to this new store. $2 in and 76 sessions as of writing this post, and yes you guessed it, absolutely no sale! You know I really don’t know what I’m missing here and I also don’t have any more money to throw at this. My solution to this problem you ask? Well I came across another dropshipping model, not exactly new but I think it will work. Now you might be thinking that I’m quiting shopify but I am not. I am merely just taking a casual break to sort my finances before I jump back into the deep end. I realized and also found out that in order to successfully start shopify dropshipping, you typically need $1,000. Some say $500 others claim you don’t need anything more than $100. While it could work for some people, I can only speak for my self and as you can see it isn’t going well.
Beacuse you need to test a lot of products to find the winning product, and because you need to run and test different ads and adsets, is the reason why the above budget is suggested. Right now I really don’t have that kind of money but at the same time I just don’t want to quit. So I am getting into Ebay dropshipping where I don’t need as big of a budget to start with. Then once I have some cashflow from sales on my ebay store, then I will start testing products in my shopify stores (they are two now). I will keep you updated on this next week, I hope it goes well.
As always smash the like button below, follow this blog if you aren’t already and stay at home, stay safe, flatten the curve. Cheerio!
YouTube: https://bit.ly/30TDSNw
LinkedIn: https://bit.ly/3vFaSXZ
Couch Money Millionaire - How to Make Money Online 