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Dropshipping challenge 20k in 1 month Day 2

Dropshipping Challenge 20K in 1 Month - Day 2

So far, this is the progress we've made: $ 120 in sales with about $ 84-$ 85 in ad spend. This means we are currently at a break-even point. Here’s a detailed look into the current strategy and learning points:

Product and Page Optimization

  • Professional Page Design: It's essential to have a professional-looking product page that's optimized for mobile users. This significantly impacts your sales as most traffic comes from mobile devices.

  • Mobile Optimization: Ensuring that your page is mobile-friendly is crucial, as mobile users make up a large portion of your traffic.

Marketing on TikTok

  • Ad Spend and Budget Management: TikTok can be very unpredictable. It's important to let your ads run to lower the cost per acquisition. If you don't manage this carefully, TikTok can quickly blow through your budget, leading to high costs.

  • Previous Performance: This product has the potential to do well. In previous attempts, I managed to bring in around $ 600-$ 700 in revenue, which translated to about $ 300 in profit.

Goals and Next Steps

  • Revival of Product: The focus is now on reviving this product and scaling up the ad campaigns.

  • Ultimate Goal: The aim is to hit $ 20K in profit within a month and document the entire process for you. Stay tuned for detailed updates and insights.

Let’s go and make it happen!

Keywords

  • Break-even
  • Professional page design
  • Mobile optimization
  • Ad spend
  • TikTok marketing
  • Budget management
  • Revenue
  • Profit
  • Product revival
  • 20K profit

FAQ

  1. Q: How much have you made in sales so far?

    • A: $ 120 in sales.

  2. Q: What is your current ad spend?

    • A: Around $ 84-$ 85.

  3. Q: Are you optimizing your product page for mobile?

    • A: Yes, mobile optimization is crucial.

  4. Q: How stable is TikTok for advertising?

    • A: TikTok can be very unstable, making budget management crucial.

  5. Q: What was the previous performance of this product?

    • A: It previously generated around $ 600-$ 700 in revenue with about $ 300 in profit.

  6. Q: What is your goal for this challenge?

    • A: To hit $ 20K in profit within a month.

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