"Drop shipping... Really? That's what you're getting into? Why?"
Many people would probably think that after hearing so many bad things surrounding the topic. I mean, we both used to think the same thing. Drop shipping is over saturated and you get horrible shipping times shipping from China.
With that in mind, we're going to explain to you why we decided to go into drop-shipping to create a third income stream and why it's a bad idea not to get into it.
Let's get straight to the point and how we tend to think about things when it comes to one of the best beginner business models out there.
One of them is drop shipping.
Let's consider the facts: when drop shipping, you don't need to buy a bunch of inventory up front. Here are some keys to success with branded drop shipping:
You need a good product, obviously. Without a good product, you'll be seeing a lot of returns, and loss of goods. You could have horrible shipping times and add unnecessary headaches for you. Look for genuine quality and trusted supplier. Disclaimer* This is all simply from what we've learned and know to be true. Do your own research if you're looking to start making some extra cash seriously.
You'll need good video ads. You have about 3 secs to grab the potential buyer's attention, or else they'll probably just end up scrolling on your ad, giving you awful return on your ad spend and a sad bank account.
You need a good landing pages for your products. Majority of your sales will come from your single landing pages, not many people will see your actual homepage until you've established a repeat buyer type of brand.
You need a good website. 57% of people say they won't recommend a business with poor mobile website design, so if you want people to stay on your website, then try your best getting better with web designing.
AND of course, you need patience and a growth mindset! You'll never become rich by doing little work, expecting big results. Even those who do become rich over-night 100% did subconscious things to get them in that situation anyway. We don't believe in luck, we believe in the times, and right now it's the easiest time EVER to become rich! Let that sink in...
Now of course there's more to it, and other stuff is important like having SMS marketing funnels set up and good up-sell products to increase average order value but we don't need to get into all of that right now. Just focus on the 5 keys.
Let Us Help You Grow and Monetize a Theme Page/Brand So You Pay Off Your Student Loans Faster, Buy Your Dream Car, Or Even Go On Multiple Vacations Per Year!
About 230 million people in the USA alone own a smartphone, and about 80% of them make the majority of their purchases online, so imagine the amount of buying potential your store can have!
This just proves that selling online in general, let alone drop shipping, is 100% the right move if you want to make real cash. Stop trying to find fake instant success stories from trading cryptocurrency, NFTs, stocks, or real estate. Those people that are bold enough to get into those spaces have cash capital already, and it's our job to find what business models will get us to that point.
We're not telling you that drop shipping should be the hustle you choose, but simply explaining why drop shipping is actually a great pick for any beginner.
Currently, we sell our eBooks and do affiliate marketing, which are also pretty great business models for anyone to start! But you lack the scaling power that branded drop-shipping and e-commerce can bring you overall.
Which is another reason why we're adding drop shipping to our arsenal. The scaling potential
One thing about us is that we love the middle game: making money without dealing with the actual products, small amount of time that has to be committed, and the start-up cost range is more like $100-$400 instead of the traditional business startup, which could be around $10,000-50,000!
Drop shipping will become our 3rd income stream, which puts us on a path to making 6 figures in a strategic and realistic way. Without a plan, you have nothing.
When you actually break things down, it becomes a lot more imaginable. This is an example of a hypothetical situation. You only need $278 per day to become a six-figure earner.
$278 x 30 days in a month = $8340/month x 12 months in a year = $100,080/yearly.
Say we sell $120 per day with our drop-shipping store, $95 per day with our eBooks, and $63 per day from affiliate offers. That's someone who makes six figures per year. It doesn't have to be complicated if you really think about it.
Get yourself a couple side hustles, join our free Telegram group and let's have some conversations to help you improve!
Thanks for reading!
Related: How having a side hustle can save your financial future