Lecture Notes: Indian Drop Shipping Business
Introduction
- Over 5 years, more than 500 million in sales
- Helped thousands turn drop shipping into a profitable business
- Strategy for achieving 2.9 million sales per day in the video
What is Drop Shipping?
- Product research and set prices with suppliers
- No inventory risk
- Flexible and low barrier to entry model
Website Creation
- Use of a Shop store
- Website ready in 60 seconds with Atlas AI Store Builder
- Important to use Shop
Product Research
- Use of Mia Tool
- Data-driven research is essential
- Product identification from ads library
How to Choose Suppliers
- Find suppliers on IndiaMart
- Use hybrid drop shipping
Creating Video Ads
- Hook, problem statement, product introduction
- Three ads strategy
Ads Campaign Setup
- 10 ad sets, тВ╣1000 daily budget
- Two-day trial
- Monitor front-end and back-end metrics
Operations Management
- Care of RTO and delivery percentage
- Use Quick COD and Duddy apps
Profit and Problem Solving
- Hiring strategy
- Importance of video editor
Possibilities
- Scaling business to 10 million per month
- Understanding the possibilities of Indian e-commerce
Conclusion
- Drop shipping as a path to independence and business success
These notes will help in understanding the complexities and possibilities of the drop shipping business.