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Showing posts with label Drop-Shipping. Show all posts

Saturday, April 4, 2020

Shopify 90 Days Free Trial

Shopify 2:30 AM

Shopify has reacted to COVID-19 outbreak and extended their 14 days trial period to 90 days. That is correct, whole three months of a free trial. Shopify is the first e-commerce platform to announce a support package to their customers.

This is super valuable for everyone new to e-commerce business who have zero to little idea about the process. Shopify gives considerably a long time period for free to learn the system and make the store, and if you are good then to make a considerable amount of money during the free trial.

If you are already doing direct selling or dropshipping on any other platform such as eBay or Amazon, then this is a good opportunity to put your talents on a test. As you already know, customers who buy your products on those platforms are not really come to buy a product from you. Customers are searching for products and there are billions of what they search. If the customer sees your product and happy to buy it, you will be able to sell that product. What is the possibility of that customer comes back again to your store to buy something else?

Shopify provides you with a real-life online store with so many features embedded to support sellers to make the process easy. You can make a store and add the right products to the store. It is possible to add unlimited products even with a basic Shopify plan. Like a real retail shop, you can promote your brand, products and your online store using the tablets and knowledge you have. Not like other e-commerce platforms, it is easy to develop a good customer relationship that makes repeat customers to your Shopify store.

For example: Imagine that you are going to a mall to buy a t-shirt. You search for a good tshirt all over the mall, and among hundreds of other shops that sell tshirts you find a shop that has good quality t-shirts where the staff gives you a wonderful service and you are totally satisfied. Next time you want to buy a t-shirt, will you search again for the whole mall for a good product to buy? Definitely not. You will go to the same shop that you did the purchase last time and look for something to buy that you have never seen.

The same principle applies to the Shopify store. If you are talented to choose the right products, do promotions right, and give good customer service, you will definitely get repeat customers and more businesses.

This is one step higher in traditional online selling. Shopify is all about building your own brand. Making your own customer base. It is the path of making you an empire.

You have given a priceless opportunity to do something better. Let's start.

Thursday, April 2, 2020

What is Drop-Shipping?

Drop-Shipping 2:30 AM

Dropshipping is selling items online that you don't physically have. If you are interested in earn big amount of money online by becoming an online entrepreneur, dropshipping is the best solution that I can recommend for you. Best this with dropshipping is that you can start it with no money or Zero Dollar investment.

Simply saying: You can find an item from a supplier for $10. You can get all the information, photos, etc from the supplier and use that information to sell the same product on your store for $20. When the buyer going to buy the item from you, he/she gives you $20. Then you purchase the item from the supplier for $10 then the supplier ship the item directly to the buyer. Supplier handles the shipping and every other thing. That makes you a profit of $10.

This is how simple dropshipping is. You don't need to physically keep any stuff to sell. When you get an order, all you have to do is forward it to the supplier. That means you can do it from anywhere in the world as long as you have a computer and an internet connection.

You can use any platform to dropship such as eBay, Amazone, Shopify, AliExpress.

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Secret Tips for Best Dropshipping Stores

Drop-Shipping - Selecting & Listing Items

Drop-Shipping 2:00 AM

After setting up your store, first and the most important thing you should do is selecting the right products to sell on your dropshipping store. There are many paid online product analysing tools for supporting you to find the best selling products such as Zik Analytics, DS Genie, and Chili Hunter.

As a beginner, it may not possible to spend on online tools to select products for your store. As to my personal experience, I developed the practice to check my supplier web store for most selling items and then selected the items that have sold multiple times within the last 30 days.

This is the Top Secret technique I used to select my drop ship listing which I would happy to share with you.

During the selection process, I consider two main facts. The first thing is as I mentioned earlier, finding most sold items that have sold multiple times within the last 30 days.

The second technique is the secret that no one will never mention, and you won't think that such a simple concept makes a huge impact on the selling of dropshipping products. Have you ever think about seasonal changes and events come in each month that produces a huge demand for some items in the market. Change the product listings in each month to fulfil the customer demand generating with special events and season changing. For example, you can list Halloween decorations on October, Easter toy baskets on April, Valentine's gifts for February, Beach gear for July, Warm-weather clothes for May, etc.

Change your listing regularly and do experiments in your own ways. That is the best way of climbing the ladder of success.

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Drop-Shipping - Pricing a Product

Drop-Shipping 1:30 AM

This is the most challenging part of Drop-Shipping. At the moment you select a product for your listing, you directly get the price and shipping cost from the supplier. There are many other costs associated with a product when you list it on a drop-shipping store.

For example:

eBay insertion fee - eBay charges an insertion fee of $.0.35 each listing that exceeds the free insertion limit.
eBay Final Value Fee - eBay charges 10% to 12% Final Value Fee from each sale you make
Paypal Fee - Charges 2.9% or 4.4% for international transactions and $0.3 transaction fee for every transaction made via Paypal

When deciding a price for a product for dropshipping you should add every related cost before adding your profit. Some drop-shippers add shipping charges to the product price and offer shipping policy as free shipping.

Sellers offer discounts for some events or seasons to increase their sales. If you choose a discounted product with a discounted rate you will get the product cheaper and you will get motivated to sell that product on your dropshipping store.

I got this experience on the first order I got on my dropshipping store. When I list the product, the seller had given a discount and was selling that product for $42.20. After adding all the associated fees and my profit I have listed it for $55. When I get an order the discount was expired and the price mentioned on the seller website was $59.99. Also, I have done a mistake when calculating the Paypal fee. I'm running the business from outside of the US and the transactions I make therefore categorize as international where the transaction fee should be 4.4% where I have calculated as 2.9%. Total loss of the transaction was about $13.

Therefore you must keep track of the price changes of products with the seller website.

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How to Write a Quality Product Description?

Drop-Shipping 1:00 AM

Product description is the last thing a visitor looks at before buying your product or just leave the page. If you can convince the visitor to believe that "this is the right product for me" with a perfect product description you will definitely convert that visitor into a buyer.

What is the Point of Writing Your Own Product Description?

Most of the drop shippers use supplier's facts about a product as the product description. But the question is, "Will it convince a visitor to buy your product?" This is where a good product description comes to do the math.

A good product description is not just a list of different colour variations or sizes of your product. It is not the manufacture specifications that a product comes with. A good product description always gives a solution to a customer's desires and the benefits that a customer gets by purchasing your product. Take this opportunity to address your buyer directly and personally. Trust me this will definitely increase your sales by 75% or more.

English may not your first language. And you may don't have any idea about the product you sell. That is totally fine. We are not technicians. We are drop-shippers. We are constant learners. Let's do this.

Super Easy Tips to Write a Better Product Description

Know your target audience - You should understand if there is a specific gender, age group, lifestyle of your target group and the language they use.
What problems are they need to solve? - Come up with a reason to make someone buy your product or simply convince them why they must buy it. For example, if you are selling a piece of jewellery, it may not a solution to your customer for a need. But you never ever skip this part. Tell them how this piece of jewellery express themselves. Talk about how your product highlights or express their class. That is where your creativity plays the game.
Bullet points are a good make the features more scannable.
Finally, read a lot of great product descriptions and practice the techniques they have used. Practice makes perfect.

Do not make your product description long and make your customer bored.

Keep it short and simple.

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SEO for Drop-Shipping

SEO 12:30 AM

When we are hungry, we search the internet for the best restaurants nearby. When we need any other product or service we use the internet to search for it. People are searching for everything everywhere. What we care is will they find your business in their search results? That is where Search Engine Optimations comes to work.

Product Title: When you add a title to your product, make it more specific. For example, if you have to sell a car, "A car for sale" is not what we are talking about. You can make it more specific to optimize the product for search engines by adding "Black VTech Honda Civic EG8 1991 for sale". Be specific to what you sell and always try to mention highlights in the title.

Product Description: Search engine algorithms are always trying to ensure the relevance of the content to the title. Other than adding hundreds of different words to get caught by a search engine, you will get SEO ranking by writing good and relevant content for your description.

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Drive More Traffic to Drop-Shipping Store

Social-Media-Marketing 12:00 AM

More traffic you drive to your store, the more sales you get. There are many free and paid methods to get more traffic to your online store. Let's pay more attention to some free methods as you are here to earn money, not to spend what you have.

Social Media: Use social media features such as Facebook pages & groups, Instagram, and Twitter to gather some crowd around a topic related to the product you sell. For example, if you are selling a fat-burner, you can make a discussion about the bad results of getting a fat deposit in someone's body, how to prevent them, and what are the benefits of getting rid of the body fat. Engaging crowd is a portion of the society that have an interest in your target area and there is a huge potential of selling your product to them. With social media it also allows you to communicate with people and know them well which helps you to address their need by writing a good product description.

Blogging: You can maintain a blog to make the background to make people wanting to buy your product. If we stick to the previous example, with a blog, you can bring the message to the society "why people have to use a fat burner?" and "why they should use your product among others?" Blog with relevant content is a good place to advertise your product not only to get traffic to your store but to get more sales.

Email Campaigns: Email marketing is one of the most useful and successful methods of getting visitors to your website. Emails are easy to use and can make customised templates according to your specification. When preparing the email, you do not put all the product details and images in the email. Your target is to drive the visitor to your website. Use catchy words and make a creative, short and sweet content to trigger the customer visit your website without wasting another second continue reading the email.