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How to Make 10k/month Drop Shipping Starting With ZERO!

Introduction

Introduction

Are you trying to find a practical method to jump from nothing to earning $ 10,000 a month through Drop Shipping? This comprehensive strategy will guide you through achieving that without needing a large initial investment, relying on organic methods like TikTok, or testing a plethora of products. Instead, this actionable plan primarily leverages Etsy Arbitrage and transitions into Shopify and online ads.

Why Listen to Me?

Here are a few screenshots that detail my journey in Drop Shipping:

  • My very first sale.
  • $ 10,000 made.
  • 500 sales milestone.
  • Various revenue milestones, including $ 7,000, $ 12,000, and $ 9,000—all without Etsy ads.

What You'll Learn

  • Etsy Arbitrage: Similar to Shopify Drop Shipping but on a different platform.
  • Etsy Ad Strategy: How to maximize revenue once you begin generating it.
  • Leveraging Shopify: Moving from Etsy to build a brand.
  • Ads on Facebook and TikTok: Efficient strategies once you're financially established.

Etsy Arbitrage

What is Etsy Arbitrage?

  • Etsy: An online marketplace similar to Amazon but without the need to build your own website.
  • Arbitrage: Selling goods you don't hold in inventory, moving products from supplier to customer.

Pros and Cons

Pros:

  • No Ads Needed: Higher profit margins initially.
  • Minimal Time Commitment: Takes 30 minutes a day.
  • Beginner-Friendly: Easier to start with simple listings.
  • No Inventory: Similar to traditional Drop Shipping.

Cons:

  • Less Scalable: Limited potential on Etsy compared to Shopify.
  • Work Constraints: Too much work = risk of getting banned.
  • Consistency: Requires regular work patterns.

Getting Started

Product Research

  • Target Audience: Primarily women, as they form the vast majority of Etsy's customer base.
  • Product Selection: Use computer or mobile to check sales on Etsy stores.
  • Niche Down: Focus on a narrow category within your chosen niche (e.g., goth boots).

Opening and Optimizing Your Shop

  1. Create a Name: Reflective of your focused niche.
  2. Set Up Store: Use Canva for logos and banners.
  3. Consistent Work: Post a steady amount daily—varying can get you banned.
  4. Stay in Niche: Stick to your chosen category.
  5. Image Use: Use images from successful Etsy stores.

Optimizing Listings

  • Consistency: Consistently post the same amount every day.
  • Use Proper Images: Avoid AliExpress images to prevent getting banned.

Scaling with Etsy Ads

  1. Start When Profitable: Begin ads after your first sale.
  2. Begin Small: Start with $ 1/day.
  3. Increment Strategy: Add $ 1 to your ad spend each day you make a sale, regardless of whether the sale came through ads.

Transitioning to Shopify

Setup

  • Download from Etsy: Use the Shuttle app for Shopify to migrate listings.
  • Optimize Titles: Adjust from keyword-rich Etsy titles to more sleek, descriptive Shopify titles.

Social Media

  • Create Accounts: Use TikTok and Instagram.
  • Post Reviews and Content: Generate content for brand building.

Driving Traffic

  • Utilize Etsy Inquiries: Redirect Etsy inquiries about out-of-stock items to your Shopify store.
  • Price Adjustment: Slightly raise prices on Shopify to improve profit margins.

Introduction to Facebook and TikTok Ads

Tips for Beginners

  • Testing Phase: Be prepared for initial unsuccessful attempts.
  • Have a Backup Budget: Ensure you've saved $ 5-$ 10k before starting with ads.

Community and Continuous Learning

Network and Learn

  • Scholars Academy: Community for networking and learning.
  • Mentorship: Access to courses and calls from industry mentors.
  • Self-Development: Beyond making money, focuses on holistic growth.

Conclusion

This strategy provides a step-by-step blueprint to move from zero to a thriving Drop Shipping business generating $ 10k/month. It emphasizes starting small, building consistent habits, and progressively scaling. Remember, entrepreneurship is a marathon, not a sprint.

Keywords

  • Etsy Arbitrage
  • Shopify
  • Drop Shipping
  • Etsy Ads
  • Product Research
  • Profit Margins
  • Online Marketplace
  • Consistency
  • SEO
  • Facebook Ads
  • TikTok Ads

FAQ

What is Etsy Arbitrage?

Etsy Arbitrage involves selling goods through Etsy without holding inventory, similar to Drop Shipping. You leverage Etsy's marketplace to drive sales.

Can I start Drop Shipping with zero money?

You can start with minimal investment, primarily the cost of listings on Etsy. Consistency and niche targeting are key.

How important is consistency on Etsy?

Extremely important; inconsistent posting can lead to account bans. Maintain a regular work pattern for optimal results.

When should I start using Etsy ads?

Begin Etsy ads after your first sale. Start with $ 1/day and increase your spend by $ 1 each day you make a sale.

How do I transition from Etsy to Shopify?

Use the Shuttle app on Shopify to import your Etsy listings. Optimize your titles and consider minor price adjustments.

Is it necessary to use Facebook and TikTok ads?

While not mandatory, these ads can substantially boost your reach. Ensure you have a backup budget and are prepared for an initial testing phase.

How can I continue learning and networking?

Consider joining communities like Scholars Academy for mentorship, courses, and networking opportunities to foster growth and connections.

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