How an 18-Year-Old Made $100K in 7 Days with Dropshipping

Seven Days to Over $150,000

• In just seven days, the creator went from zero to over $150,000, which is an incredible achievement.

• The video will cover the strategies used to achieve this result, including the profit reveal and a special giveaway.

• The dashboard showed a total of $175,544.18 in U.S. dollars from December 11th to December 18th, with a consistent display upon refresh.

• The store had a high return rate of customers, reaching 2.85%, indicating strong customer engagement and satisfaction.

• The creator will share a comprehensive A to Z guide on how this extraordinary outcome was accomplished, emphasizing the potential for others to achieve similar success through dropshipping or building a Shopify store.

Seven Days to Over $150,000

Exploring Product Research for Shopify Store

• To start, the speaker offers a discounted link for starting a Shopify store, reducing the cost to just $1.

• The approach to product research is then explained, emphasizing the avoidance of excessive filters when using spy tools for finding potential products.

• The speaker also showcases a newly acquired watch, seeking opinions from viewers about it.

• Ultimately, the key to finding successful products lies in conducting simple product research without being overwhelmed by unnecessary metrics and data.

• The emphasis is on using PPC ads without adding too many filters to discover winning products.

Exploring Product Research for Shopify Store

Product Research and Testing

• The key to successful product research is to look for products that solve a problem or insecurity for potential customers.

• The criteria for choosing products is simple and focuses on identifying items that can make someone's life better.

• Spending hours endlessly scrolling through spy tools is not a realistic or necessary approach to product research.

• The common mistake many dropshippers make is over-complicating product research and spending too much time on it.

• Once a product is identified using the research method, the next step is to move on to testing campaigns in platforms like TikTok ad manager.

Product Research and Testing

Day One Results and Surf Scaling Strategy

• The speaker achieved $981.46 in sales on the first day of testing a strategy called surf scaling on December 7th.

• Surf scaling is a strategy used on TikTok where the budget is increased on a campaign with low enough CPAs.

• The speaker offers a detailed breakdown and tutorial on surf scaling in their Discord server.

• The sales skyrocketed to $13,000 on December 8th, indicating the success of the product and the implementation of the surf scaling strategy.

• The speaker emphasizes the simplicity of scaling what's working rather than overcomplicating the process with secret scaling methods.

Day One Results and Surf Scaling Strategy

Scaling Methods and Profit and Loss Analysis

• To achieve a $164,000 profit in just seven days, the key strategy was to scale what had been successful.

• Testing and identifying effective ads on day one allowed for duplication and scaling on day two, resulting in significant financial gains.

• The product saw tremendous success, reaching highs of around $20,000 in a day, with one exceptional day hitting around $26,000 in sales.

• The approach involved replicating what worked, leading to substantial financial gains within a short timeframe.

• In addition to sharing the scaling strategy, the speaker announced a giveaway on the YouTube channel, offering three one-on-one calls to viewers who leave a comment about their key takeaway from the video and what they hope to learn in a one-on-one call.

Scaling Methods and Profit and Loss Analysis

Summary of Instagram Promotion and Financial Results

• To participate in the Instagram promotion, viewers are encouraged to follow the content creator's account on Instagram, which is the top link in the description of the video.

• The profit generated from the store amounted to $39,037.01, while the revenue stood at $175,544.

• Total ad spend for the product came to approximately $57,818.36, resulting in a commendable 3x ROAS (Return on Advertising Spend) and a net margin of 22.23%.

• It is stressed that when scaling up a product, it is advisable to utilize credit cards rather than debit cards or bank accounts, especially for substantial expenses related to cost of goods and ad spend.

Summary of Instagram Promotion and Financial Results

E-commerce Dropshipping Business Tips

• It is highly recommended for individuals under 18 or those with a solid credit score but no credit card to obtain one for their e-commerce dropshipping business.

• Having a credit card allows for significant spending on ads and can lead to various benefits such as earning points for free travel.

• Multiple credit card options such as Chase cards and Amex cards are suggested, but thorough research is advised before obtaining one.

• For successful dropshipping, it is essential not to rely on competitors' offers, websites, or strategies but instead focus on testing and developing unique products and approaches.

E-commerce Dropshipping Business Tips

The Importance of Originality in Building Your Brand

• Creating a unique store or brand is crucial for attracting customers.

• Originality sets you apart from competitors and captures people's attention.

• Copying competitors' offers, websites, and content is counterproductive.

• Learning from competitors is important, but creating your own unique brand is crucial.

• You have the freedom to create your own offers and pricing, setting yourself apart in the market.

The Importance of Originality in Building Your Brand

The Key to Succeeding in Dropshipping

• The key to succeeding in dropshipping is to continuously offer unique products and not give up despite challenges.

• Ensuring that you keep testing products, learning, and improving is crucial for success in dropshipping.

• Watching content about dropshipping puts you on the right path to succeeding, but persistence is essential.

• The speaker emphasizes the need to keep making stores, testing products, and continuing to learn in order to see positive results quickly.

• There is also a mention of a giveaway and an opportunity for one-on-one mentorship and joining a free discord community for further support and learning.

The Key to Succeeding in Dropshipping

Conclusion:

Uncover the secrets behind this remarkable achievement and gain insights into profitable product research, effective testing methods, and successful scaling strategies. Learn valuable tips for growing your dropshipping business and the importance of originality in building your brand. Get ready to take your dropshipping journey to the next level with expert guidance and a strong emphasis on uniqueness and persistence.