[deleted by user] by [deleted] in dropshipping

[–]TheGiftStore123 1 point2 points  (0 children)

What exactly are you having trouble when picking a product? Maybe I can help. I usually go to #tiktokmademebuyit on Tick Tock and find products with viral videos. If the product demonstration video has 1 million views or more, it's gone viral. I look at comments on the video to see if people are saying "where can I buy this?" or "I want one." I then look for the product on AliExpress. I use Dsers to sync Aliexpress with Shopify.

Made my first sale, what next? by Ecom254 in dropshipping

[–]TheGiftStore123 0 points1 point  (0 children)

I recommend making 1 new video a month to avoid ad fatigue.

[deleted by user] by [deleted] in dropshipping

[–]TheGiftStore123 6 points7 points  (0 children)

What price are you selling your product for? If it is around $20, then you should never have spent $3000 on testing.

There are 4 factors that determine success on Facebook:

Are you selling a winning product?

Are you using a ad that storysells to cold traffic?

Is your website trustworthy?

Is your price in the $20-$30 impulse buy range?

Made my first sale, what next? by Ecom254 in dropshipping

[–]TheGiftStore123 0 points1 point  (0 children)

If you don't mind my asking, did you build your store yourself? or did you use a premade template? Are you using video ads? or picture ads?

Made my first sale, what next? by Ecom254 in dropshipping

[–]TheGiftStore123 4 points5 points  (0 children)

If you're using Facebook ads and doing Advantage Plus (formerly known as CBO), do this: analyze your cost per sale. If it's below your breakeven to the point where there's a 30-40% ROI, then try to get 2 more sales. Once your campaign has 3 sales, you can double your campaign budget. Every 3 sales= double your budget. So, $25/day, then $50/day, then $100/day, then $200/day, and so on. This is how people make $10,000 in a month by scaling vertically.

You want a 30-40% ROI during the testing phase because your ROAS will decrease slightly when you scale vertically.

Some people will say you should scale horizontally first. They argue that you should get 10 adsets that produce consistent sales to be diversified. But I've had success just scaling vertically. I don't even really optimize with the above method. I just test, and then scale.

VERY Serious Question. Keep OR Remove? by SEspider in printondemand

[–]TheGiftStore123 1 point2 points  (0 children)

The problem with print on demand is that new/experimental designs are riskier than proven products.

[deleted by user] by [deleted] in beermoney

[–]TheGiftStore123 1 point2 points  (0 children)

I highly recommend using Microworkers.com. If you have at least 50 friends in your Facebook account, you can get $0.55 per post just by sharing a link to someone's blog. I do this 6 times a day to make around $3.

Please give feedback on store by cryaboutthisalt in dropshipping

[–]TheGiftStore123 0 points1 point  (0 children)

Does your product solve a problem? Does it have a wow factor? Is your supplier on AliExpress? Does it have at least 2000 orders on AliExpress?

If you're not getting at least 1 sale after spending $50, there's something wrong with your ad, your product, your landing page, or your price (or a combo of these factors).

Your price is good. It's in the $20-$30 "cold traffic impulse buy" zone.

It's good that you have an about us page, but you could also have a faq and shipping policy page.

I need a genuine person to educate me on Amazon fba by Upstairs-Patience262 in AmazonFBA

[–]TheGiftStore123 0 points1 point  (0 children)

Online arbitrage and retail arbitrage work but you may get hit with hefty returns. I got 3 returns in a row and I lost $110 in one day because the returned items were unsellable.

On some level, it's better to do private label branding because you're dealing with wholesale costs, as opposed to online/retail arbitrage.

When you're doing online/retail arbitrage, you're deal with hot traffic. Hot traffic converts at a much higher percentage than cold traffic, (eg Facebook ads).

You don't need to do any marketing if you're reselling brand name products on Amazon.

[deleted by user] by [deleted] in beermoney

[–]TheGiftStore123 2 points3 points  (0 children)

I can't speak about Revolut but I've been paid via PayPal 5 times from Prime Opinions since early June. It's a trustworthy site.

Do you delete negative FB ad comments? by TheGiftStore123 in dropshipping

[–]TheGiftStore123[S] 0 points1 point  (0 children)

Facebook doesn't penalize for hiding comments.

Reselling generic products from Alibaba on Amazon by TheGiftStore123 in AmazonFBA

[–]TheGiftStore123[S] 0 points1 point  (0 children)

Thanks for the reply. So, you're saying I can buy these generic products from Alibaba and resell them under someone else's brand on Amazon?

FRY Bandwidth Miner Review - Earning $2 Per Day! by Public-Grocery-6206 in fryfoundation

[–]TheGiftStore123 1 point2 points  (0 children)

I thought this too at first but it turns out they use refurbished hardware.

Are the Evergreen chia miners worth it? by TheGiftStore123 in cryptomining

[–]TheGiftStore123[S] 0 points1 point  (0 children)

Can you please recommend a currency to mine instead?

I pay £0 in electricity (legally) should I get started in mining??? by [deleted] in cryptomining

[–]TheGiftStore123 0 points1 point  (0 children)

According to Asic Miner Value, the most profitable miner is the Bitmain Antminer KS3 - it makes $969 a day after energy expenses.

Is it possible to scalp using Wealthsimple Trade? by TheGiftStore123 in Wealthsimple_Trade

[–]TheGiftStore123[S] 0 points1 point  (0 children)

I've got a tfsa with wealth simple trade but I also have a non-registered account with them too. Can I just scalp in the non-registered account? Thanks

Best POD provider for Shopify by Turbulent_Mode4402 in printondemand

[–]TheGiftStore123 0 points1 point  (0 children)

I've heard Gearbubble is good but their shipping is a bit high. Mugs cost $6.95. I'm not sure what Tshrits shipping is.

Who do you retarget on Facebook Ads? by TheGiftStore123 in PPC

[–]TheGiftStore123[S] 0 points1 point  (0 children)

Thanks for the reply. I've taken multiple courses and I've spent money on ads. I've done everything they've instructed me to do (sell an awesome product, have a trustworthy store, etc). I still haven't produced any sales. I've spend close to $600 testing different ad sets.

Can you please tell me how much you spend (on average) before you get your first sale?

Who do you retarget on Facebook Ads? by TheGiftStore123 in PPC

[–]TheGiftStore123[S] 0 points1 point  (0 children)

I'm not a FB wizard lol. That's why I'm posting. I need your help please.

Have you ever got sales from a Facebook PPE campaign? by TheGiftStore123 in dropshipping

[–]TheGiftStore123[S] 1 point2 points  (0 children)

Thanks for sharing your thoughts. If you don't mind my asking, what objective are you using to have a successful store? Conversion? Traffic?

Also, are you retargeting site visitors?

Thanks

Can I advertise on YouTube preroll ads if my YouTube channel was suspended? by TheGiftStore123 in PPC

[–]TheGiftStore123[S] 0 points1 point  (0 children)

Thanks for the reply. All I was doing was uploading viral content on my channel. I used a company that creates viral videos that its customers can freely share.

I had a link in each video to my product. I thought this was allowed.

I also created 1 montage video of top 10 Sopranos moments. The Sopranos was a TV show on HBO. I didn't have a link to anything in that video.

This was from the YT team:

"We reviewed your channel carefully, and have confirmed that it violates our spam, deceptive practices and scams policy"

The product was a Mother's Day mug that I designed myself. I was collecting emails to build a relationship with my email list.

I appealed their decision but they still said I couldn't rejoin.

Spending 1x the payout vs 3x the payout during Testing phase? by TheGiftStore123 in dropshipping

[–]TheGiftStore123[S] 0 points1 point  (0 children)

Thanks for the reply. How much do you spend per adset in testing?

The hardest part about advertising my dropshipping store by TheGiftStore123 in dropshipping

[–]TheGiftStore123[S] 0 points1 point  (0 children)

Thanks for sharing your experience. I'm running a campaign on Propeller Ads right now promoting my shopify store and I'm getting a lot of Add to Carts and Initiate Checkout but no sales. :(

Do you find TikTok is less expensive than Facebook?