I Tried Shopify Dropshipping For 1 Week ( USING A HOT SELLING EBAY PRODUCT ) | Summary and Q&A
TL;DR
Learn how to build a dropshipping store live on Shopify using a product with a low sell-through rate on eBay.
Key Insights
- 😘 The success of selling a low sell-through rate product on eBay may differ when using dropshipping on Shopify.
- ❓ Instagram influencers can be valuable for promoting products and generating sales.
- 🫠 Building a basic Shopify store and running targeted ads can yield profit in a short amount of time.
- ☠️ Sell-through rate is an essential metric to consider when choosing products to sell online.
- 💨 The availability of a product with fast shipping times can greatly impact customer satisfaction and sales.
- 😍 Rushing the website design may not yield the best results but can still lead to profit.
- 🏪 Revenue and profit can be obtained even with a quick and simple store setup.
Transcript
so it's been a full seven days since i ran the promo for the store so what i want to do now is show you the cells and show you exactly what the store has made in the last seven days but let me not waste any more time i'm going to show you exactly what you guys have been waiting for what's going on youtube welcome back to my channel my name is sam i... Read More
Questions & Answers
Q: What is the significance of the sell-through rate on eBay?
The sell-through rate on eBay indicates the likelihood of success when selling a product. A low sell-through rate suggests that the product may not be in high demand.
Q: What strategy does the creator use to market the product?
The creator contacts Instagram influencers to promote the product on their pages, aiming to generate sales through their large following.
Q: Did the creator import the product or use dropshipping?
In this video, the creator chose to use dropshipping as a way to test the results of selling a low sell-through rate product on Shopify.
Q: What were the results of the seven-day promotion?
The store generated £753.69 in revenue, with a profit of £132 after accounting for product costs, influencer fees, domain, processing fees, and Shopify subscription.
Summary & Key Takeaways
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The content creator shows the process of creating a dropshipping store on Shopify using a drone as the product.
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They explain the importance of sell-through rate on eBay and how it affects the likelihood of success.
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The creator contacts Instagram influencers for promotion, builds the website quickly, and runs the ad campaign.