If you are serious about making $10,000 a month dropshipping then the answer is yes.
But perhaps focus on making $500 your first goal, then $1000 per month and so on.
Here are some tips to help you get there...
1. Set up a store
Make sure your store is presentable. You can make an ebay store which is free, or you can use Shopify platform to make your own store.
2. Choose the right product(s)
If you use Shopify, just add the Oberlo app for easy importing of products to your store and synchronized order processing.
Then sign up to TrendingProducts.com. This tool analyses billions of datapoints each day and use these signals along with ad data to detect products based on current trends.
You can look through the products that are performing best within any niche and explore every dropshipping store that is actually trending, updated in real-time.
This will save you time and money in the long run, by offering you a behind the scenes look at the best selling products and stores that are crushing it in the dropshipping space.
3. Suppliers
On Trending Products, click a product you want to add to your store. This will take you directly to the supplier of that product on Aliexpress. Simply choose the best supplier, then import to your store via Oberlo.
4. Increase conversion and average order value
Create bundle deals or add an app like Discounted Upsells cross sell and upsell for more sales.
Then you can build urgency with countdown timers and create exit intent pop ups.
Finally, add customer reviews to build social proof and trust. You can use a popular app like Loox for importing reviews from real customers on Aliexpress.
These will help improve your conversion which will boost your bottom line, leading to a more profitable dropshipping store and get you closer to your $10k goal.
5. Drive traffic & marketing
Use video content rather than static images for your Facebook ads. You will find these supplied along with the product you find on Trending Products.
You can download the media and promote an offer through your facebook ad. You can also see your competitors Facebook ad copy and think of ways to improve upon this.
As Facebook is a convenient way to drive traffic and dropshipping is becoming more and more popular, this means more competition and more ad spend.
Another way to drive traffic is through Influencer Marketing.
Find influencers in your niche who are a good fit for your brand and have them promote your products on their accounts.
I recommend negotiating a better price with them or offering a commission through an affiliate program such as Refersion.
Then use your custom audience to build lookalike audiences on Facebook. Your custom audiences can be based on the traffic from your influencers visitors to your store.
Build your email list from the beginning. Create a pop up with an irresistible offer to grow your email list and promote your products over time.
Discover Christianna Hurt's training on how to create a wildly profitable Ecommerce store that makes you Passive Income with no prior experience and no inventory needed!
Christianna Hurt is the CEO of WealthyCollegeKid. She is Twenty-five years old and is currently a student herself at the University of Central Florida.
Wealthycollegekid is for anyone with wifi and a bank account can make a stable income online correctly and legally without watching hundreds of videos and spending thousands of dollars to make nothing back.