7-Day Dropshipping Challenge Overview

Introduction

• Welcome to the video on a 7-day dropshipping challenge.
• Objective: Find a product, set up a store, run ads, and see if we can make money.
• Links in the description for a 30-day Shopify trial for $1 and mentorship opportunities.

Day 1: Finding a Product

• Product Research Tool: AutoDS (an all-in-one dropshipping tool).
• Key Features of AutoDS:
  • Product research, order fulfillment, print on demand.
  • Hand-picked product section with sales data, potential profit, and saturation level.
  • Ad spy tool for researching successful ads on TikTok and Facebook.
• Product Selected: Neck pillow for traveling (high demand due to travel season).
  • Found through ads with good engagement metrics but poor ad quality.
  • Price: $39 on competitor's site; cost on AliExpress: $11.09.
  • Potential profit appears good with over 3,000 sales recorded.

Day 2: Setting Up the Store and Ads

• Store Setup: Utilized an AI tool for store creation.
• Added product to the Shopify store using AutoDS.
• Ad Creation: Ordered ads through Launch Ads, receiving three variations for testing.
• Initial Results: Day 1 ended with $39.99 in revenue but a loss of $33.12 due to high ad spend.

Day 3: Results Analysis and Adjustments

• Day 2 Results: Spent $62.11 on ads, zero sales, total loss increased to $95.
• Decision Making: Despite poor results, product shows potential due to decreased CPC.
• New Strategy: Launched a campaign budget optimization (CBO) with $100 daily budget.

Day 4: Improving Performance

• Day 3 Results: Spent around $100; three sales with total revenue of $159.96.
• Profit: Total profit for day was $16.05.
• Optimizations Made: Improved product page using PagePilot for better conversions.

Day 5: Continued Scaling

• Day 4 Results: Spent $150, resulting in $311.94 revenue and $65.80 profit.
• Increased Budget: Raised campaign budget to $225 to test further.

Day 6: Monitoring Trends

• Day 5 Results: Spent $225.43 on ads, 11 orders generating $543.86 revenue.
• Profit: $156.60, indicating positive trend.
• Budget Adjustments: Lowered budget due to decreased performance when scaling.

Day 7: Final Day and Results

• Day 6 Results: Spent $339.27 on ads; revenue of $546.79 with 11 orders.
• Final Day Results: Total ads spent $226.91, revenue of $495.86, and profit of $118.32.
• Overall Summary: Total profit for the week is $301.63.

Conclusion

• The challenge was successful with profitability achieved after initial testing days.
• Encouragement for viewers to start their own dropshipping venture with links provided in the description.
• Mentorship offer available for those who want to learn dropshipping directly.