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Since High Ticket dropshipping is new to money Twitter...
A thread explaining it all
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Bare with me as Iâll be giving out more free game than I should...
A thread explaining it all
Bare with me as Iâll be giving out more free game than I should...
Dropshipping 101
For complete newbies
Dropshipping is selling a product you never actually see
When someone buys from your website, you buy the product from the supplier for cheaper
I only sell products $1,000 or more
For complete newbies
Dropshipping is selling a product you never actually see
When someone buys from your website, you buy the product from the supplier for cheaper
I only sell products $1,000 or more
Step 1: Official business
The barrier to entry to this model is higher than Aliexpress dropship
Youâre gonna need an LLC to secure relationships with USA suppliers
FYI benefits of having an LLC go way beyond dropshipping
The barrier to entry to this model is higher than Aliexpress dropship
Youâre gonna need an LLC to secure relationships with USA suppliers
FYI benefits of having an LLC go way beyond dropshipping
2. Suppliers
Youâre securing legit relationships with established USA manufacturers
Once approved you get access to wholesale dealer margins
Call and say you want to be an online retailer for them
(Online retailer sounds much better than âI wanna dropship your productsâ)
Youâre securing legit relationships with established USA manufacturers
Once approved you get access to wholesale dealer margins
Call and say you want to be an online retailer for them
(Online retailer sounds much better than âI wanna dropship your productsâ)
Suppliers Cont.
I recommend starting supplier research at Wayfair
Wayfair is low key majority dropship
Our goal is to build a mini version of Wayfair (minus the sex trafficking of course)
We look for suppliers with no more than 10 Google retailers and MAP policy
I recommend starting supplier research at Wayfair
Wayfair is low key majority dropship
Our goal is to build a mini version of Wayfair (minus the sex trafficking of course)
We look for suppliers with no more than 10 Google retailers and MAP policy
3. Products
I wonât close a supplier if most of their products arenât ATLEAST $1,000
People ask what product types I know sell...Ive seen everything be sold so donât put any limited beliefs on what you can sell
Itâs more about the individual supplier than the product type
I wonât close a supplier if most of their products arenât ATLEAST $1,000
People ask what product types I know sell...Ive seen everything be sold so donât put any limited beliefs on what you can sell
Itâs more about the individual supplier than the product type
Products Cont.
Thereâs no such thing as saturated product types, just saturated suppliers
Combine thinking outside the box with thinking inside the box âIf that makes sense
Iâve sold products as expensive as $35,000 for ONE sale
Thereâs no such thing as saturated product types, just saturated suppliers
Combine thinking outside the box with thinking inside the box âIf that makes sense
Iâve sold products as expensive as $35,000 for ONE sale
4. Advertising
GOOGLE ADS
When advertising on FB, you need tricks and tips to get customers attention (ppls main objective isnât to shop on FB)
People will literally search Google for the product you sell
FB-you go to customers
Google- customer go to you
I retarget on FB
GOOGLE ADS
When advertising on FB, you need tricks and tips to get customers attention (ppls main objective isnât to shop on FB)
People will literally search Google for the product you sell
FB-you go to customers
Google- customer go to you
I retarget on FB
Ads Cont.
2 campaigns
Generic Vs branded
Generic-people searching âkitchen refrigeratorâ
Branded- (supplier name) refrigeratorâ
Branded is much warmer traffic as people already know the brand product they want
Branded should always outspend the generic for that reason
2 campaigns
Generic Vs branded
Generic-people searching âkitchen refrigeratorâ
Branded- (supplier name) refrigeratorâ
Branded is much warmer traffic as people already know the brand product they want
Branded should always outspend the generic for that reason
5. Misc.
Obviously with more expensive products thereâs more customer service
We have an (800) # people can call and get forwarded to your cell phone
As well as live chats and email
ABC- Always Be Closing
Obviously with more expensive products thereâs more customer service
We have an (800) # people can call and get forwarded to your cell phone
As well as live chats and email
ABC- Always Be Closing
Misc. Cont.
Suppliers handle warranty requesrs and returns
Suppliers usually give margins as little as 20% as much as 40%
MAPâMinimum Advertising Price
->Helps level the playing field so no retailers undercut each other
Best suppliers enforce MAP
Suppliers handle warranty requesrs and returns
Suppliers usually give margins as little as 20% as much as 40%
MAPâMinimum Advertising Price
->Helps level the playing field so no retailers undercut each other
Best suppliers enforce MAP
Summed up:
â˘USA suppliers
â˘Expensive products
â˘Google Ads
â˘Business can be outsourced when the time comes
â˘USA suppliers
â˘Expensive products
â˘Google Ads
â˘Business can be outsourced when the time comes
My partner and my best performing stores (we own 6 combined)
Weâre 23 year olds who graduated with communications degrees lol
Weâre not gurus who promise millions
We teach people the exact methods we use
Weâre 23 year olds who graduated with communications degrees lol
Weâre not gurus who promise millions
We teach people the exact methods we use
Unfortunately this thread isnât enough to take action
We offer guidance in the model at
http://Havemorethanmoney.com"> http://Havemorethanmoney.com
We offer guidance in the model at
http://Havemorethanmoney.com"> http://Havemorethanmoney.com
If you want to learn more for free subscribe to our YouTube channel: https://www.youtube.com/channel/UCELmpeXmhDi6rjCY3py7XtQ">https://www.youtube.com/channel/U...
