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$26,946.64 TikTok dropshipping in 7 days (I show everything)
Introduction
Introduction
In this case study, we're diving into the day-by-day details of how Danny scaled a product and achieved impressive profit margins in just one week. We'll cover every aspect, from the product niche, cost of goods, selling strategies, and more. Danny has meticulously tracked every metric, and we'll break down all the data to uncover how he made $ 8.1k in profit in a single week.
The Strategy
Danny's Approach
Hey everyone, I'm Danny, a member of Ecom Paradise. I've known Jordan for a few months and have been applying his strategies to achieve outstanding results. Recently, I was able to scale a product up to $ 8.1k profit in one week.
Factors Behind Success
What made the difference was my offer strategy: low upfront cost plus high shipping charges on the back end. Additionally, I used a setting in UpCart for priority processing at an extra $ 49, which about 80-90% of people opted for. My cost of goods was $ 12, and the average selling price ranged from $ 39 to $ 44, giving me a fantastic profit margin even before accounting for ad spend.
Revenue Breakdown: Day-by-Day Analysis
Day 1 (2nd March)
- Revenue: $ 12,000
- Profit: $ 12,000
- Ad Spend: $ 1.2k
- Campaigns: SPCs and CBOs with around 12-15 running.
Day 2 (3rd March)
- Revenue: $ 3.1k
- Profit: $ 717
- Ad Spend: $ 1.6k
Continued using SPCs and CBOs, experiencing consistent sales and learning valuable insights on budget adjustments.
Day 3 (4th March)
- Revenue: $ 2.4k
- Profit: $ 875
- Ad Spend: $ 862
Day 4 (5th March)
- Revenue: $ 3.3k
- Profit: $ 1,070
- Ad Spend: $ 1,000
Maintained similar strategies, slightly adjusting budget based on early sales performance.
Day 5 (6th March)
- Revenue: $ 4.3k
- Profit: $ 1,409
- Ad Spend: $ 1.5k
Optimized ad creatives as we discovered a color variant that significantly outperformed other ads. This adjustment brought excellent CPAs and CPCs.
Day 6 (7th March)
- Revenue: $ 3.2k
- Profit: $ 1,109
- Ad Spend: $ 1.1k
Continued leveraging the successful ad creatives, experiencing slightly fluctuating results but kept focus on overall profit.
Day 7 (8th March)
- Revenue: $ 2.2k
- Profit: $ 661
- Ad Spend: $ 835
Day 8 (9th March)
- Revenue: $ 4.7k
- Profit: $ 1,000+
- Ad Spend: $ 2.1k
Ended the week with total revenue of $ 26,946.64 and total profit of $ 8.1k. Significant contribution from well-optimized SPC campaigns.
Post-analysis and Insights
Ad Campaign Management
Running around 20 campaigns a day with a combination of SPCs and CBOs. Established a routine of letting successful campaigns spend overnight but maintaining checks to reset budgets for continued performance.
High CPAs and AOvs
Despite high CPAs, maintained high AOVs (Average Order Value), leading to significant profits. The focus on high-quality traffic paid dividends.
Challenges and Adaptations
Faced daily fluctuations but stuck to core strategies, consistently optimizing and resetting budgets as required. Adjustments in ad creatives showed that even minor tweaks could lead to substantial performance improvements.
Keywords
Keywords:
- TikTok Dropshipping
- Ecom Paradise
- Low upfront cost
- High shipping charge
- UpCart priority processing
- SPC campaigns
- CBO campaigns
- Ad spend tracking
- Revenue breakdown
- Profit margins
- Product niche
- Budget adjustment
- AOV (Average Order Value)
- High CPAs
- Ad creatives optimization
FAQ
FAQ:
How much profit did Danny make in a week? Danny made $ 8.1k in profit in one week.
What product niche was Danny's success in? Danny's success was in the women's footwear niche.
What ad campaign strategies did Danny use? Danny used a combination of SPCs (Smart Performance Campaigns) and CBOs (Campaign Budget Optimization).
How did Danny handle high shipping charges? Danny applied a strategy of low upfront costs plus high shipping on the back end, which proved very effective.
What tool did Danny use for priority processing? Danny used UpCart for priority processing with an extra charge of $ 49.
How did Danny adjust his ad budgets? Danny typically adjusted budgets by examining performance early in the day, increasing well-performing campaigns while resetting others overnight to optimize the next day.
What made a significant impact on ads' performance? Identifying and using a color variant in the ad creatives that significantly outperformed others increased overall ad performance.
By following these insights and strategies, you too can achieve remarkable results in your dropshipping journey.