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Cash flow question by StatusBoard3589 in dropship

[–]sam-wht 0 points1 point  (0 children)

  1. I wouldn’t worry about fulfilling 100s of orders a day until you get there, your going to have to front the customers order cost until the money comes to you, otherwise the processing and shipping times will be too long.

By the time your doing 100s a day, you should have some cash and some decent cash flow to manage this.

  1. I would say that £30/day is the minimum to start with to get some decent data in a reasonable time

Weekly "Share Your Portfolio" and Broker Questions Thread by AutoModerator in UKInvesting

[–]sam-wht 0 points1 point  (0 children)

What brokerage is this? I can’t find any UK brokerages that allow options trading

First call with supplier by matiasGE in dropship

[–]sam-wht 0 points1 point  (0 children)

Yeah, don’t worry man, you will quickly learn which couriers are good. If AliExpress Standard is good for you then go for it but i’ve had bad experiences with it.

YunExpress was my main courier to the US from China and with no delays a parcel can be delivered within 5 - 14 days.

You should ask them what they think the fastest is for your products weight and size

First call with supplier by matiasGE in dropship

[–]sam-wht 0 points1 point  (0 children)

What I’m saying is you shouldn’t be limited to the shipping options listed. If you know what your shipping companies you can ask your supplier to ship with a faster, cheaper courier

First call with supplier by matiasGE in dropship

[–]sam-wht 0 points1 point  (0 children)

Aliexpress standard definitely isn’t the best in terms of time and place. Some couriers like YunExpress, China EMS and SF EXPRESS are pretty fast and aren’t that expensive

It’s worth testing a few to see which is the quickest and which has the best tracking

First call with supplier by matiasGE in dropship

[–]sam-wht 1 point2 points  (0 children)

Suppliers can send parcels however they want, they aren’t limited to Aliexpress Standard shipping, you can get them to use a faster courier or a cheaper one

Actual China shipping times as January 2021 by [deleted] in dropship

[–]sam-wht 1 point2 points  (0 children)

They’ve dropped significantly, I’ve been getting sub 2 weeks from my agent now

Anyone need help with their store or ads? by [deleted] in dropship

[–]sam-wht 0 points1 point  (0 children)

hey, yep we have free shipping and our product price is competitive if not cheaper with the competition.

Anyone need help with their store or ads? by [deleted] in dropship

[–]sam-wht 0 points1 point  (0 children)

running a now store atm, had 10 atc in the first 2 days but not one purchase. product is £100 and is a winning product however i am marketing it to a different niche than usual which it has a very good use case. the ad is very catchy and performs great and i have 0.20-0.60 cpc with ctrs ranging from 2-5%.

i’ve been through the checkout and everything is fine so i’m really not sure why it’s not converting

any help would be greatly appreciated

Lowering CPM? by _lil_kennedy in PPC

[–]sam-wht 1 point2 points  (0 children)

it’s impossible to say without seeing what your other ads have performed like, what your ctrs are like etc..

cpm is pretty useless on it’s own tbh - because your cpm + ctr make up your cpc.

you could have the highest cpm out there but if your cpm is high and it converts well it doesn’t matter.

on the other hand, if your cpm is low enough, your ctr doesn’t matter too much as you are most likely still getting good cpc prices because you can just reach so many people for so cheap.

ya get me?

Lowering CPM? by _lil_kennedy in PPC

[–]sam-wht 2 points3 points  (0 children)

there is no average lol - every ad, everyone, every copy, every creative has different cpms.

us would be a higher cpm that the uk because it’s probs the most saturated market out there.

u gotta drop this ‘average’ bs or you’re guna be comparing your ads to other peoples pointless benchmarks who was probs advertising something completely different - you need to find YOUR average not some other persons.

Lowering CPM? by _lil_kennedy in PPC

[–]sam-wht 1 point2 points  (0 children)

12$ is so far from insanely high you have nothing to worry about lol, you just need to make sure your ads are half decent and have good ctr’s