E Commerce Notes

E Commerce Notes

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14/03/2022

Build your own E-commerce Empire 🏰using
Shopify dropshipping πŸ’°πŸ’°πŸ’°
✨ HOW DOES DROPSHIPPING BUSINESS WORK?
Customers place an order from your store.
Order request sent from your Shopify store to the dropshipping supplier.
Order handled by the dropshipping supplier, including the packaging, labeling(if necessary).
Order is delivered directly to the customer via the supplier.
✨ WHY GO FOR SHOPIFY TO DO DROPSHIPPING?
Easy to set up and optimize the store.
Diversified Shopify plan according to your business.
Simple Store management.
Variety of resources & apps available.
Easy scalability as it lets you keep track of your customer behavior.
✨ HOW TO STARTUP YOUR SHOPIFY DROPSHIPPING STORE, TO EARN $100 PER DAY($3,000 PER MONTH)? πŸ’°πŸ’°πŸ’°
Research the market before opting for a particular niche.
Analyze your competitor and create a strategy to distinguish yourself from your competitors.
Create a detailed business plan with short goals and particular deadlines.
Devise a unique marketing strategy in accordance with the scenario.
Aggressively test your product and move towards scaling.
Keep on reviving your marketing plan accordingly with the data you collect via Fb pixel.
Maintain 2 to 2.5 ROAS(Return On Ad Spend), meaning your store should generate $100 to $125 in Sales for every $50 paid to Facebook.
Maintain 3 to 4% Add to cart conversion rate.
Branding your store should be your final objective.
Regards

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