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Guy goes from nothing to 1.000.000 in 3 months with Facebook+ dropshipping + shopify (16)


05-31-2017 08:03 PM #1 pekadis (Moderator)
Guy goes from nothing to 1.000.000 in 3 months with Facebook+ dropshipping + shopify

This is not some old story - the guy started in Nov 2016, so these things are still possible.
Read the full sotry here: http://www.cnbc.com/2017/05/30/this-...gs-online.html

Important points:

- He switched quickly to products that worked and gained traction on day 2.

- Talked to manufacturers and made deals

- Bought his own warehouse to improve service levels

But note this too:

- ran into trouble when a manufacturer changed quality levels. This stuff happens - be prepared. And not always in a negative way. Manufacturers will make improvents and wonder why you complain about the product no longer matching specs.

- he teaches a course and a typical result is 12K turnover a month, a few have come close to his results. So, it still takes work and an element of luck as well (not everyone will hit a home run with a product)

All in all, it shows how quickly thing can go.

But it all starts with finding that right product. And the takeaway from this story is: try, but drop products quickly if it doesn;t work out.


06-01-2017 01:19 AM #2 jmcrist (Member)

And a general store too... wow.


06-01-2017 08:37 AM #3 pekadis (Moderator)

Indeed - wow.

And what I find impressive is well is that he spends little to no time working IN his business.
Everything is outsourced or delegated, giving him lots of free time, while the business virtually runs on auto pilot.


06-01-2017 09:27 AM #4 caurmen (Administrator)

Really interesting story!

It's worth having a look at his store, too.

https://www.ldsman.com/

The photography's great - particularly on the front page - and he's clearly put a lot of time into the copy too. There are some interesting examples where he's clearly taken an AliExpress or similar product spec page and rewritten it benefits-first.

The "Why Buy From Us?" tab is particularly good.

Also interesting to see what extensions to the store he's using.


06-01-2017 09:57 AM #5 pekadis (Moderator)

If anyone was wondering where it is, here's the course (currently waitinglist only and no pricing info): https://academyofarbitrage.com/sales-page12261968

Link is copied and pasted from his Shopify site, so no affiliate play by me. Surprising to me to see how he links from his site to the course.

Clearly a facebook driven site, given the lack of any categories and internal navigation.

As for products, these bags must clearly be winners. Very low volume (shipment size), high perceived product value (once inflated it looks big, making it look more expensive).

Tip: If I were to start now, I'd start with that product. Read the reviews here: https://www.ldsman.com/pages/reviews

And look for hints for your copy. Here's how I do that:

- look at the photo with kid about to be crushed by Grandma - tells you something about the quality, doesn't it
- scroll down and see a dog in one - "not just for people" -> market expanding..
- scroll down further and see them on a beach -> take them everywhere / get the best seat on the beach / be comfortable even on a rocky surface
- see big guy "Joe M" -> not just for kids, big guys get to be comfortable too without the fear of being embarrassed by the bag exploding

There's real gold in these things. And best thing - even if these are not your customers,. you have just learned a lot to help you sell them. Tweak and test your copy and profit...

BTW: remember what I said in a previous post about names? This is named a "hangout bag" not an inflatable bag, which would be the product category and easily found on competitors sites.

As for prices: 12 cost, 39.99 retail..Currently solf out on their site.
Sources on aliexpress: https://www.aliexpress.com/wholesale...inflatable+bag

Seriously, try this one out. It's the season for it and a proven product for which the market is def. not saturated.


06-01-2017 12:44 PM #6 pekadis (Moderator)

BTW - if you decide to buy in bulk, your price goes down to $1 to $2 per unit: http://www.globalsources.com/gsol/I/...htm#1143990777

That's how you scale up when things go well - by stocking it yourself:

- you have more control
- you can offer better service
- you can increase your margins


06-01-2017 02:41 PM #7 my_way (Member)

anyone can find its ads on facebook, I tried but seems no results found


06-01-2017 03:41 PM #8 jmcrist (Member)

Look at his copy (which is great, btw) on this page:

GREAT NEW DESIGN – order our latest, thoughtfully designed anti-anxiety spinner and get more for less. Built from durable, long-lasting components, this fidget spinner gives you maximum value for money. You can enjoy uncompromising quality from a brand that goes above and beyond to deliver top value.
They pedal this product as though they've "thoughtfully designed" it... yet, totally manufactured in China. Seems to be walking a fine line between clever marketing and straight up lying. Not entirely sure what a I think about this angle (though I know a TON of people do this, and it works).


06-01-2017 07:29 PM #9 gcxx (Senior Member)

Do you know if this product is trademarked ?


06-01-2017 07:35 PM #10 pekadis (Moderator)

Yes, there's a particular shape that's trademarked in Europe: https://www.fatboy.com/nl/lamzac
And it's the shape that matters, as you can read here: https://www.epc.nl/en/blog/the-lamza...-be-overturned

Hope this helps..


06-01-2017 08:23 PM #11 jmcrist (Member)

It's on Amazon for as low as $19. One thing this product has going for it is that it is difficult to perform a keyword search for. Inflatable furniture is too broad, and inflatable couch brings back lots of different results. It's an uncommon item, so when a customer sees an advertisement for this I doubt they even go looking for it elsewhere.


06-09-2017 09:04 PM #12 lem915 (Member)

does anyone know what plugin this is?

Click image for larger version. 

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06-10-2017 05:49 AM #13 pekadis (Moderator)

It's called wheelio: https://apps.Shopify.com/wheelio-fir...-intent-pop-up

However, I've heard people prefer justuno over that one, because justuno gives you better targeting (like time on site, items in cartt, value in cart etc): https://www.justuno.com/conversion-r...imization.html


06-16-2017 02:44 PM #14 leewingsin (Member)

Anyone know the pricing for justuno after the trial?


06-16-2017 03:13 PM #15 Ninja Hedgehog ()

They pedal this product as though they've "thoughtfully designed" it... yet, totally manufactured in China. Seems to be walking a fine line between clever marketing and straight up lying. Not entirely sure what a I think about this angle (though I know a TON of people do this, and it works).
Yeah ... this sort of fine line is one of the reasons I struggle with writing copy. I really value being honest and genuine, but it's also got to be strong. Sometimes it feels like a fine balance. Can anyone give any tips on how to walk this line when writing copy? Especially, but not solely, if you haven't tested your products yourself yet? (AFAIK there's two camps on whether you should wait and test/order your intended products yourself before selling them, with good arguments on both sides.)

Thanks!


06-16-2017 06:03 PM #16 ackbar22000 (Member)

oh yeah, his product is better ! :-) is it ? maybe it really is ?
https://www.youtube.com/watch?time_c...&v=IzUzZA76c0Y

ps: PM to remove if inappropriate ;-)


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