60 Day Dropshipping as a beginner (realistic results)

Introduction

We are now on Day 60 of our dropshipping challenge, and it’s been a wild ride. Over the past two months, my journey has been filled with long hours, tireless dedication, and a steep learning curve. Here’s a recap of what has transpired in the last few days and my overall experience in this endeavor.

The Challenge So Far

As a beginner in dropshipping, launching ads was a significant turning point. The past weeks have required immense focus and commitment. From day to night, I immersed myself in videos and tutorials on how to test ads, scale them, and craft engaging creatives. My sleep schedule took a toll—I found myself working until 5:30 AM and waking up at 7:30 AM to the sweet sound of Shopify notifications signaling sales.

Despite the exhaustion, I committed fully to this venture. Support from viewers has been encouraging, and I encourage you to leave a thumbs up below and subscribe. This could help me earn some money from YouTube—which might be crucial if dropshipping doesn’t work out and I end up on the streets!

Implementing Strategies

Over the past week, we set up Klaviyo for email marketing to retarget customers who abandon their carts. This tool allows us to send reminders and offers to encourage these customers to complete their purchases. Additionally, I’ve added a collection of new products to our shop, and I’m in the process of importing reviews and enhancing the product pages.

Overview of Ad Performance

We launched our ads on August 20th. After two weeks of experimenting with various ad sets, some ads are proving profitable with strong return on ad spend (ROAS). While some ad sets aren’t performing well, we’re closely monitoring their performance to either scale the successful ones or cut the unprofitable ones.

Sales Performance

Examining our Shopify analytics, we’ve recorded over $ 2,163 in sales so far. However, not all of this has resulted in profit due to various costs such as payment fees, ad expenses, product costs, and Shopify’s monthly fees. Here’s a breakdown of our earnings:

Sales: $ 2,163
Fees: ~$ 65
Ad Costs: $ 900
Product Costs: $ 704
Shopify Costs: $ 200
Total Profit: $ 191 after all deductions over 60 days.

With these earnings, I had expected a larger profit margin, especially with our recent sales spikes. Nevertheless, as we’ve made around $ 200 in profit daily after scaling, I’m optimistic we can increase this with continued efforts.

Skills Gained

Despite the slow start in profits, the skills I’ve acquired throughout this journey have been invaluable. From mastering the art of ad creation and learning the nuances of website design to understanding essential concepts in copywriting and brand marketing, I’m already equipped with a set of high-value skills applicable to any future business endeavors.

Next Steps

I plan to continue scaling our operations and optimize our ads for better performance. Additionally, I’ll be launching a short-form content series on platforms like TikTok, Instagram, and YouTube to keep you updated on our progress. This will help maintain regular engagement with viewers and provide insights into real-time earnings and strategies.

In conclusion, while the first 60 days have had their ups and downs, I remain positive that this journey will yield fruitful results. If you have any suggestions or specific things you wish to see in future installments, feel free to leave your thoughts in the comments! Until next time, I hope you all have a fantastic week!

Keyword

Dropshipping
Challenge
Ads
Klaviyo
Email Marketing
ROAS
Shopify Sales
Profit
Skills
Optimization

FAQ

What is dropshipping?

Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when you sell a product, you purchase the item from a third party and have it shipped directly to the customer.

How long did the dropshipping challenge last?

The dropshipping challenge lasted for 60 days, during which various strategies were tested to market products successfully.

How much profit was made in the first 60 days?

After all deductions, the net profit after 60 days was $ 191.

What strategies were implemented for marketing?

Several strategies were used, including launching paid ads, setting up an email marketing system through Klaviyo for retargeting customers, and optimizing product pages with reviews.

Is dropshipping worth pursuing?

Yes, despite slow initial profits, the skills gained from dropshipping are highly valuable and applicable to various future business ventures.