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$45,460.78 in 30 days dropshipping on tiktok (showing you the entire strategy step by step)

Introduction

In the last 18 days, my TikTok dropshipping stores have generated over $ 45,000 in revenue! In this article, I will take you behind the scenes to show you the winning product, my store, and the full ad strategy that made this a reality.

Ad Spending Overview

To kick things off, we invested more than $ 1,000 on TikTok ads in the last 18 days. I'll walk you through the exact ad strategy, but first, let’s dive into the product we're selling.

Winning Product: Sock Clogs

The winning product is the sock clogs, which initially generated $ 200 in revenue from our TikTok ads testing tutorial. This product is a winner not only because it’s cute but also because they provide comfort for long work shifts, alleviating feet and back pain.

Scaling Strategies

We scaled our campaigns using two main methods:

  1. Spider Web Scaling:

    • After identifying a profitable campaign (where the cost per complete payment is below the break-even point), I duplicate successful campaigns every 2 to 3 days. For instance, we sell each unit for $ 39.95 plus free shipping, with fulfillment costs around $ 7.87.
    • If the cost per complete payment is lower than this amount, you create duplicates of that campaign. This creates a “spider web” of campaigns, eventually launching over 20 campaigns for the product.

  2. Adding New Ad Creatives:

    • Utilize websites like Mia.com to find competitors’ video ads for similar products. Download and repurpose these creatives for your own ads. The strategy remains the same: if a campaign is profitable after 2 to 3 days, duplicate it!

Additionally, I maintained a static ad budget of $ 50 to $ 100. Higher budgets previously led to a decline in performance, so keeping it static while duplicating successful campaigns was key.

Profit Overview

From our initial revenue tracking starting on the 21st, we accumulated over $ 37,000—leading to a net profit of $ 7,999 after deducting all expenses including ads, fulfilling orders, and transaction fees. With earnings close to $ 8,000 in a month, I feel a sense of financial freedom to live life on my terms.

It's important to note that achieving this success didn't happen overnight. With four years of ecommerce experience, I've invested heavily in my education and learned from numerous winning products. If you're interested in personalized support, consider my mentorship program where we can work together to scale your dropshipping business effectively.

The Second Store: Jesus Saves T-Shirt

Our second product, the Jesus Saves t-shirt, generated over $ 7,000 in revenue within the last 21 days. This product began as part of a $ 100 challenge on YouTube.

For the t-shirt, our price was $ 24.95 plus $ 4.95 for shipping. However, our fulfillment cost was about $ 10.80. Here, many campaigns were not profitable, leading to their termination.

We rebranded the Shopify store, focusing on spreading faith and enhancing the overall look and feel. The importance of having a winning product becomes evident as each successive product seems easier to sell.

Final Thoughts on Profit Loss and Management

With our tracking app, True Profit, we were able to calculate an accurate profit-loss statement. For the Jesus Saves t-shirt, we walked away with $ 466, which reflects the importance of evaluating cost per complete payment and overall performance.

If you want to manage your dropshipping finances effectively, I highly recommend installing True Profit. Their app syncs your ads' data and calculates your true net profit seamlessly.

By navigating through wins and losses, I hope this provides you with a realistic view of dropshipping. Remember, not every product is going to yield rapid profits, and perseverance is vital.

Conclusion

This journey illustrates the duality of dropshipping: the highs of rampant success and the potential lows of unprofitable products. Your path may not always be straightforward, but every step contributes to eventual triumph in this dynamic market.

Keywords

  • TikTok
  • Dropshipping
  • Revenue
  • Ad Strategy
  • Spider Web Scaling
  • Profit
  • Product Page
  • Shopify
  • E-commerce

FAQ

Q: What was the total revenue generated in 30 days?
A: The total revenue generated was $ 45,460.78.

Q: How much did you spend on ads?
A: We spent over $ 1,000 on ads during the 18-day period.

Q: What are the two main scaling strategies?
A: The two strategies are Spider Web Scaling and adding new ad creatives.

Q: What tools did you use for tracking profit and loss?
A: We utilized the True Profit app for accurate profit-loss tracking.

Q: How much profit did you make from the Jesus Saves t-shirt?
A: We made a net profit of $ 466 from that product.

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