There has been one concern I’ve been receiving lately from you guys, and it’s that people are scared to run Facebook Ads. Now, why is this such a big deal and why should people not get afraid? I’ll give you one reason, with Facebook ads, I was able to accelerate my business. Whether that be my E-Commerce business, my drop shipping store, or Amazon store, using Facebook Ads gets good results. People seem to be intimidated by Facebook Ads because if they run one and nothing happens, they think it’s failure. Now, that’s not really the case – if we approach this from an Aliexpress based drop shipping store the fundamental technique to finding a product that works is to run 10-20 Facebook Ads in several products to see which one is biting.
So you’re gonna investest $5 to $15 dollars against one product and running and awareness-based Ad with a link to click on to buy the product. Some of these Ads will “fail,” but out of those 10 or so Ads, 1 or 2 will start to break even and make money. Once you find which of those Ads are doing great, you can begin to scale it leading to more traffic to your website and more profits. Then, you can start targeting people who clicked on those Ads, so the ones who didn’t buy right away are more likely to buy the product the next time they see the Ad. So even though it took 20 different Ads at $10 a piece (a total of $200) to find a winning product, that product can then scale to be worth thousands of dollars in income for you. So if you’re not learning and testing the field of Facebook Ads, you’re not doing it right and you’re missing a great opportunity for your business and brand to grow.
Now, if you’re trying to build your own brand and you run Facebook Ads, but it’s not going too great right away you’re still creating awareness. So people will start to recognize your name – no one will buy your products if they don’t know who you are! The first Ads draws the people in your face, your products image, or your logo, so the next time they see it they will recognize it. It’s like a trigger going on in their heads saying, “Hey I know that product, maybe I’ll stop and look at it again!” And maybe they’ll read more information about it and start building inspiration which will lead to a desire and a purchase.
So even if you don’t see an instant result with your Facebook Ads, don’t quit right away! You are doing yourself a great disservice by losing the ability to start reaching to your audience and building a relationship with them. Facebook Ads on top of organic or YouTube advertising is extremely important when it comes to building your business. Whether it’s a drop shipping store or your own brand, they provide a ton of value for growth.
As you start out on your E-Commerce or online business journey, there is always one question that comes to mind: Should I start with a drop shipping store or an Amazon FBA? And if I choose dropshipping, should I start with Aliexpress or a company in the US that can send products to the consumer directly from their warehouse? This is one of the most important decisions to make when starting out, choosing one method may just break you or make you.
Personally, I prefer drop shipping with Aliexpress, why? Because it only takes a couple of hours to set up, find a product you like, create a Facebook Ad and see if it’s successful. If it isn’t, you can do another one, another one, and another one until you have one that’s a winner!
So you do 10 or 20 Ads on Aliexpress products that you think will be successful. Once you find a successful product that’s delivering money through Facebook Ads, you can scale that, and then find the next one. The reason why this is so easy is because you don’t have to build a relationship with a wholesaler, you don’t have to buy inventory up front, and you’re only spending money on Shopify and the Facebook Ads. So let’say you spend $1,000 dollars on the ads, that’s still three times cheaper than getting the product from an FBA store that you’re still not sure would be a hit. But don’t get me wrong, finding a wholesaler in the US is still a great method, but it takes more time so you’re more willing to quit at the beginning.
With Aliexpress, all you need to do is focus on the Ads, optimize the Ads, find something that’s a winner and once it starts selling you scale. Once that product starts to scale, then repeat the process and find the next one. When you start to get more money, then you can explore to other areas. I have drop shipping stores with Aliexpress and FBA stores. I’m doing both, but that’s because I’ve been doing this for awhile now. So if you’re just starting out, focus on Aliexpress and focus how your Ads work to sell more products.
Focus on the advertising piece and don’t worry about the supply chain or ordering the products, you can build that over time as you become more successful. Getting bigger margins and getting better at the business elements come later on as you scale. Work on being a marketer and understanding on how to sell your product to customers. Because if you can’t do that then you won’t have a business. Once you get that down, you can move on to the other elements.
Aliexpress drop shipping is ideal for new students and individuals getting into the world of E-commerce. It’s an easy way to reduce your costs and elements down to a minimum, so you can focus on what you need to become a great E-commerce salesman. This is basically a stepping stone for you to go into different areas, you have the knowledge how to drive sales, and of course, make money.
What’s up guys! It’ been awhile since I’ve posted since I’m currently here in Davao City, Philippines meeting with my workers and getting things running. Now, I’ve stated in a recent post that the Philippines is a great place to hire Virtual Assistants. As you continues to gain more connection and as your business grows, you’re going to need more people to make sure the business grows as it should be.
Being a solopreneur might just be the most liberating experience in your life. Especially when you’re starting to make money and be able to support your own lifestyle. You’re finally your own boss! But once you start to scale your business, problems will arise. One, in particular, is how to make sure all parts of your business are expanding well. So what should you do? Hire Virtual Assistants! When it comes to hiring employees, I personally think that the Philippines is a great place. Actually, all my current none development talent is based in Davo.
One of the reasons why I’m setting up an office here in Davao is to build more relationships that can help me in the future as the business continues to scale. I’m planning to go to Davao on a regular basis to continues to meet with my employees and continue to expand my business network. You see, Davao is such a great city! It’s clean and a relatively safe place to live in. I can basically walk around at the 3 AM without the worry of getting mugged. Staying here is also quite cheap, with Air BNB you can stay in the room for about $20 a night, you can go cheaper and higher, but it all depends on your preference.
Davao is an ideal city to start hire VAs, there a lot of online options, but I personally prefer meeting them in person. A 1-on-1 relationship with your VA builds a level of trust between yourselves that is essential to building a successful business. Virtual Assistants will help you achieve the potential of your business to its fullest. As you grow, hiring Vas and setting up offices in the Philippines is a great way to scale.
For those working on scaling their E-Commerce store, Davao is a great location to set up an office. If you’re looking for Virtual Assistant (VA) you can reach out to me on my YouTube channel or my email account at email@example.com or you can just leave a comment below. I know a lot of people here who can help you find trustworthy employees. With the right VA, your business is sure to grow leaps and bounds.
So, if ever you’re needing help or have any questions regarding VAs here in the Philippines feel free to contact me!
There comes a time in every successful startup or online business where you begin to expand your company. As a business owner, time is precious and it should be spent doing important things that you’re good at. Now, don’t get me wrong, each part of a business, no matter how small or big it is, is important. But somethings are worth paying someone else to do. That’s where virtual assistants come to play.
In this post, I’m gonna be talking to you about virtual assistants (VA) and why I think the Philippines is one of the best places for you to hire one. Virtual assistants are handy for just about any kind of online business, whether it would be an e-commerce site, and amazon account, or a persona brand, these outsourced workers can be of great help. They are a cost effective way to further expand your business and to make sure that certain tasks are taken care of while you can focus on more important matters of the company
So why the Philippines? Well, their English proficiency is high, their work ethic is strong, and they’re generally easy to work with. The cost of virtual assistants in the Philippines vary greatly depending on their skill level. Whether they’re a video editor, an SEO expert, or an assistant that helps you manage social media sites, rates differ depending on the amount of technical knowledge and skill needed to complete the task. Since the majority of individuals here in the Philippines speak English, they are easier to communicate with compare to other countries, which will help you coordinate with them better.
The rate of virtual assistants in the Philippines vary from $3 to $10, and even up to $15, but the average costs are around $4-$7 and hour for virtual assistants. You don’t even have to hire full time for virtual assistants, you can hire tasked based where each task costs an “X” amount of dollars, part-time (20 hours a week), or full-time (40 hours a week). I have friends who have virtual assistants here in the Philippines, some of them even have 2 upwards to 10 virtual assistants — so this is very scalable.
When you find yourself having to hire 2 or more virtual assistants you can work with a virtual assistant company that can help you assign and monitor your employees, or sets up your own office in the Philippines so you can come over and meet with your virtual assistants in a semi-regular basis. A roundtrip ticket to the Philippines cost around $100, which make it easy for you to meet with your virtual assistants every couple of months for a few days.
The use of tracking software like Skype or Upwork can help you monitor the day-to-day tasks of your virtual assistants. Personally, I have a great working relationship with my VA and he actually does work on various parts of my business. We usually communicate each other through Skype or Email. We have done tracking in the past, but it’s something that he hasn’t done recently because he just creates a great work for me that a level of trust has been built between us. That’s why it’s important to have a means of communication with your VA on a regular basis, to build that trust which makes things more efficient.
In conclusion, if you have the finances to do so and you’re looking to scale your business, jumping on the virtual assistant bandwagon is an excellent decision. Doing things on your own at the start is good, but as you want to expand your business even further having VAs on your team that are trustworthy and loyal to you will help you grow exponentially.
Well your not the first and you won’t be the last person that I see this happen to. That was, me for many years as I told every one of my friends that “One Day I want to start my own business and never work for another person again.” I use to watch every youtube video showing how people were making money online, read about ten business books a month and continue to grind up the corporate ladder at my 9 to 5. I was a want enter. Then one day I sat at the office of my most current “glorious” corporate gig in NYC and said to myself “I’m done.” The next day is started figuring out how to start a drop shipping store that could make me enough money to leave the corporate heroin check and do what I wanted to do! It is not magic; it is not difficult, it just requires a taking the steps laid out below and continue to test products and ads until you hit your goal! No your not going to instantly have success with your first campaign! Yes, your second campaign and product most likely will not make any money! Heck, when I did this it took 13 Campaigns to make my money back and 17 before I hit $25 a day in profit! This is not a get rich quick. You have to learn and tack action!
1) Set Up Your Store
Shopify is the easiest software to use and get used to! If you have ever used WordPress or a basic website editor, it is easier than that. You will need to set up a Shopify account to run your store! I have a 14-day free trial here to help you out!
2) Research a product
There are multiple ways for you to research a product, but I would recommend seeing what is selling well on eBay and Amazon. You can use the filtered search to see what is selling on eBay and what is ranked the highest on Amazon. It is quite easy to find products that you can start selling on your store that will be profitable.
Advance tip: Use the product research tool to get a head start and accelerate your product success!
3) Register A Domain Name.
It might sound straight forward, but you need to make sure you buy a domain name that is generic in nature. For example, Bobsdiscountgoods.com will be much better then wineexpertsexchange.com simply because it allows you to have a greater variety of products on your site. If you go very specific with your domain name selection, then you will have focus only on the type of products your name is set up for. If that category is not selling well, you don’t have the flexibility to move into another category that could generate a ton of sales for you!
4) Connect your store to Oberlo
Oberlo, ( If you sign up with this link its free) will allow you to connect your store to Aliexpress. This is key since Aliexpress is going to be your supplier / dropshipper for all your products. When an order comes into your store, the order will be shipped directly from Aliexpress to your customers. This way you don’t have to hold any inventory, and you can just focus on making sales through your product selection and Facebook ad campaigns. Make sure you read Oberlo’s website to see all the details about how this works.
5) Select the right theme
On you’re Shopify store make sure you pick a theme that you are comfortable with. This means going to the Shopify theme store and selecting you favorite free or paid theme. It is important that you are happy with the look and feel of your website or you will never put the effort required to make your first sale.
6) Create a Logo and Find Royalty Free Pictures
Go to Google and Search for “Free Logo Maker”. This will come up with a huge selection of tools that will allow you to create a logo for free. Choose one of the tools and create a logo. For free photos to use on your site check out pixels.com they are the best place to find pictures that you can use to build out your theme to look professional and sharp. Finally, if you need to crop or change the the size of a picture or logo check out Canva.com which will allow you to edit any photo.
7) Use Oberlo to Import Products
Now that you did your product research go into the backend of Oberlo and start finding products that work well for you eCommerce Store. I would recommend having anywhere between 15 -20 products on your site before you launch. The should be in the price range of 7 – 49 dollars so that your consumers can buy them without thinking about it.
8) Launch your eCommerce Store
Hit that launch button! Make sure your theme is built out, you have a logo, you have products and those product pages look great!
9) Start testing Facebook ads against your products
Now when you’re running Facebook ads the formula is simple. 5 dollars a day against each of your top 5 products. Set up the advertisement, so it’s a Post Engagement ad type. Put a description in place that focuses on the consumer sharing the post and make sure you have a link to the product in the description. Run that ad for 4-7 days. If the ad is making you sales keep it running. If it is not making sales, kill it and move on to the next product.
10) Rinse and repeat until you get to $100 a day
Do this over and over until you are making $100 a day. Keep researching different videos, keep reading blog posts and keep testing!
Now the biggest challenge for you is taking action now! If you start this right now. Not tomorrow, not in an hour, you could
I have been dropshipping for a while now and there are some key Benefits and Risks of setting up a dropshipping business. Â The opportunity it provides for anyone that is looking to have more freedom and flexibility is incredible. Â I never thought I would have this much flexibility as a business owner and traveler. Â At the same time, the amount of challenges that I have had to overcome is hard to quantify. Â At the end of the day I would recommend setting up a dropshipping store to anyone looking to start a passive income stream online but want to call out both the positives and negatives in this post!
Pros of Dropshipping
Generally, there are huge upfront costs involved in starting a retailing business since you have to invest in inventory, warehouses or stores where you will be keeping your products and labor force among other things. You can greatly reduce your opening capital by choosing to partner with a drop shipper who will be bearing such costs on your behalf.
Starting a traditional retaining business is pretty challenging since you have to make some considerations like sourcing for products, delivering them to your stores, packing, tracking inventory and shipment among other things. Drop shipping eliminates such inconveniences, and you can comfortably start operations by simply having a small office and a laptop with internet access.
You will be enjoying low overhead costs when relying on a drop shipper compared to running your own stores and fulfilling orders yourself. This is a case where you will be avoiding expenses like renting a warehouse, paying staff salaries, packaging and shipping costs among others. You should greatly consider this model if you were dealing with bulk products since these will definitely cost you more in terms of receiving, storing and shipping out to consumers.
Choosing to go with drop shipping in e-commerce will assure you of great convenience where you can easily grow your business even with limited resources. You will be leaving the wholesaler or manufacturer to handle all the packaging, storage and even delivering the received orders. You will only be actively participating in receiving orders and forwarding them to your drop shipper. This will be leaving you with enough time to handle even other businesses.
You will be enjoying the flexibility of running your business from any place since this can be as simple as having a laptop with reliable internet connection. This means that you can comfortably work from home or even when taking a vacation. With so much time on your side, you can concentrate on increasing efficiency by focusing on ways of improving customer relations, marketing strategies and operations among other things.
Cons of Dropshipping
Setting up an e-commerce business that relies on drop shipping is pretty easy and this is a situation that creates huge competition for fast moving products. The retailers are therefore left to adjust their pricing and some of them even go to very low levels since they only invested some small amounts. This leads to very small profit margins. The best way to stand out is to find better ways of offering value to consumers instead of relying on lower prices.
When stocking your own products, it is pretty easy to keep track of your inventory where you can easily know what is available and have more supplies delivered for what is out of stock. This is pretty hard in a drop shipping model since you canâ€™t really tell when some products are out of stock in manufacturersâ€™ or wholesalersâ€™ warehouses. You can limit such inconveniences by relying on multiple suppliers.
Having the orders you receive fulfilled by a third party can be quite a challenge and there are usually high chances of consumers receiving the wrong products, damaged items or experiencing delays in shipping among other inconveniences that can weigh heavily on your reputation. They will then be blaming you for such errors instead of the supplier, and they will be expecting you to sort out the existing problems.
There are numerous manufacturers or suppliers who do not offer drop shipping as a service, and this may greatly limit the choices available to your customers on some products. This is a situation that can affect the growth of your e-commerce business due to low consumer satisfaction. To avoid such a scenario, you should first take the time to understand the niche that you are planning to invest in and how distribution is handled by the manufacturers or other authorized distributors.
There are additional costs that you may be required to handle when operating your business and these may further reduce your already low-profit margins. Some of these may result from compensation for wrong deliveries and damaged products among other things. You will also be missing on some incentives extended to retailers by manufacturers including bonuses, discounts, and marketing/ advertising incentives.
Succeeding in drop shipping
Currently, the field of e-commerce is highly competitive, and you should be a bit innovative for your business to succeed. Instead of competing on pricing, you should focus on other ways of adding value and gaining customer confidence. You should have in-depth knowledge of the products that you are selling, and you should come up with ways of developing strong customer service among other things.
If you are just starting your online business, you may be tempted to go with â€œtop sellersâ€ but this will just make it hard to establish yourself. You should, instead, look for a niche that is not very competitive and then develop strategies that will open up your business. Trying new products should be pretty easy and less risky since you will not be holding any inventory. This will be a great move in increasing the number of products in your catalog.
The other important thing that you should be concerned with is making consumers aware that your business is in operation. This is where you should consider investing in practices that will make your website more visible in the search engines. You should consider hiring a Search Engine Optimization expert, investing in online marketing strategies and providing quality content that relates to your business and the products that you are selling.
If you want to check out one of my courses check it out on Udemy!
As many of you know I have moved to Chiang Mai Thailand to work on my businesses full time. Â These include 1 Dropshipping Store, 2 Private Label eCommerce Stores, my blog which hopefully your reading and enjoying Â 🙂 and a Software company. Â For those of you, that are just getting started on their first business venture in the online space I would Highly recommend getting into Dropshipping. Â It is a business that does not require much capital upfront and you can learn all the skills that you need to jump into other businesses later. Â It will teach you how to source product, Market, buy digital advertisements on platforms like Facebook, Google and Pinterest. Â Overall it’s a great way to get started in the online business world!
Dropshipping as a trend is fast catching up in the world of e-commerce. Currently, almost 30% of the e-commerce globally is conducted using Dropshipping. It gives you the opportunity to start your online business with little or practically no capital investment and very little effort involved. All you need to do is list your product, send an email to the supplier to ship on your behalf once you get an order. While setting up can be simple but getting in touch with a reliable supplier can be a tough task. This is where AliExpress comes to play. It is an extremely convenient and simple to use marketplace that you can use to further your ecommerce business. Remember the edge that you have with AliExpress is not cheaper priced products, but the ability to reach customers before your competitors manage to.
Therefore it can be easily concluded that setting up an AliExpress Dropshipping store entails some solid research, quick thinking and strategic brand positioning. This, therefore, would mean that the not only gets the right kind of exposure to potential customers but also gives you the competitive edge in terms of product selection, pricing and most important delivery speed and precision. In the dynamic and ever-changing world of ecommerce dropshipping will often be the deciding factor that helps you deliver your products more efficiently to your customers.
If you head over to my courses section of the site you can find a few of my dropshipping courses that I over. Â Hopefully, these will give you the insight you need to start your first ecommerce business. Also if you go to my resources section of the website you will find some of my favorite applications and discounts for you to use. Â (Disclaimer: I get a small commission for helping you find these applications but everything i recommend i have used and love!)
My Favorite Applications for Dropshipping:
On October 19th I took a step that I have been working on for well over six months now. I moved away from New York and Boston and relocated to Chiang Mai Thailand. The amount of thoughts that went through my head when I was planning this trip was undesirable. I was excited, nervous, scared, pumped, emotional and antsy. I had been dreaming about taking the step to finally be 100% focused on my businesses for years but had never taken the necessary action needed to achieve full independence. You see when I was 16 years old a few friends, and I started an online private video game server because we believe there was a gap in the private server market for this one game we were playing. We thought the other servers were unfair and the players on those servers would be willing to switch â€œproductsâ€ if we changed a few elements about our server. That was my first entrepreneurial experience, and it made me over 10k in 3 months before we shut it down because we were 16 and could not figure out how to run a business! After that, I was hooked on creating, building and pushing new products that I could call my own. â€œUnfortunately” after three years and a bachelor degree later I jumped into Corporate America where I spend the next six years. Now donâ€™t get me wrong it was one of the most amazing experiences of my life, and I would not reverse time, but I do believe I stayed around for a little too long.
Fast forward to today and I am back in the mindset that I had when I was 16 years old building my first private gaming server with friends. 100% focused on what’s to come and building products and businesses.
With this transition, Chiang Mai Thailand was the perfect option to start that journey again. The city is beautiful, there are great apartments to rent throughout the city, living expenses are low, transportation is easy, and there are plenty of coworking spaces throughout the city. I have only been here for one full day, but I have already found the apartment that I am going to live in(Luxary Huay Kuaw), The coworking space I will work in(Punspace) and the bike I will use for transportation.
If you are looking for an apartment in Chiang Mai here are some others that I explored.
My Home – Luxary Huay Kuaw – 14,000 – 18,000 Baht https://goo.gl/maps/fs58qU8gFR82
Pansook Urban Condos – 12,000-16,000 Baht – https://goo.gl/maps/azxG4WdCPTy
The Doom – 14,000 – 16,000 Baht – https://goo.gl/maps/JBjyn2CGZB22
P.T Residence – 9,000-11,000 Baht – https://goo.gl/maps/DwKRi6TsBf82
Sakul Chai – 15,000 Baht – https://goo.gl/maps/tXxRUBAiwSC2
Pansook Quality Apartments – 12,000 – 16,000 Baht – https://goo.gl/maps/HJe4d1qAAis
Chai Mansion – 10,000 – 17,000 Baht – https://goo.gl/maps/B4h2tsESXr42
Huay Kuaw Residence – 4,500 – 15,000 Baht – https://goo.gl/maps/5rvWPGtof6q
Finding an apartment in Chiang Mai Thailand is incredibly easy. I will be putting together a full guide over the next few weeks to walk you through the steps you need to take and where to find apartments.
I am excited to start this journey and will continue to write and post about it over the next few months.