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Mikey Again $0-$600k With Tiktok Organic Dropshipping (Full strategy)

Introduction

Introduction

TikTok organic dropshipping is the best opportunity for 90% of you guys watching this. By achieving thousands and thousands of dollars, we want to motivate you and teach you how to go viral time and time again in 2024. Let's dive straight into the nitty-gritty.

Revenue and Profit Margin

Mikey has made $ 600,000 in revenue in 2023 alone. After expenses for creators and other costs, the net profit was around $ 130,000, which he considers insanely good.

Why Dropshipping?

Mikey admits it was more of an ego-driven decision. He didn't want to work for anybody and felt that affiliate marketing still felt like working for someone else.

Number of Active Stores

Mikey is currently testing five dropshipping stores and has four actively generating sales. He emphasizes that consistency is key; most people don't go viral in their first 10 videos.

The Hardest Part of TikTok Dropshipping

The hardest part, according to Mikey, is the mental challenge. You should film at least 100 videos before worrying about making money. The initial stages bring doubts but consistency is crucial.

Product Research Method - Burner Method

Mikey talks about going on TikTok, searching for keywords, and using a burner device to find viral products. This method is still valid but has been outsourced to VAs who find 20 products a day through TikTok and Instagram.

AliExpress for Product Research

Mikey emphasizes the importance of using AliExpress to catch products before they go viral on TikTok, although it requires some experience to know which products will do well.

Key Ingredients for Success

The product itself is the most crucial element. A good product almost promotes itself. While not every product will work, a generally good product will make the marketing much easier.

TikTok Shop

Mikey shares that he hasn't fully hopped on TikTok Shop yet, even though it boosts views and profits. He initially tested TikTok Shop’s affiliate program and was able to make $ 1,000 in profit quite easily.

TikTok Algorithm and Mental Challenges

Understanding that it's the people, not the algorithm, that determine success on TikTok. Copy what's working and add your twist for better engagement.

Early Days and Background

Mikey grew up in Ghana, born in the UK, and had a well-off childhood. It was his decision not to conform to traditional paths like pursuing a Master's degree that led him to explore dropshipping and YouTube.

Biggest Income Streams

Drop shipping remains the main source of income for Mikey. His YouTube channel also generates revenue but doesn’t compare to dropshipping profits.

Future Goals

Mikey aims to have a million pounds in the bank by the end of this year. He also puts a priority on financial freedom for himself and his family but isn’t considering marriage anytime soon.

Conclusion

Mikey's journey from $ 0 to $ 600,000 in revenue through TikTok organic dropshipping showcases the potential of this business model. His dedication to consistency, understanding the platform, and willingness to adapt has been key to his success.

Keywords

  • TikTok Organic Dropshipping
  • Revenue
  • Profit Margin
  • Product Research
  • Burner Method
  • AliExpress
  • TikTok Shop
  • Algorithm
  • Consistency

FAQ

1. How much revenue did Mikey generate in 2023?

Mikey generated $ 600,000 in revenue in 2023.

2. What is Mikey’s profit after expenses?

His profit after all expenses was around $ 130,000.

3. How many dropshipping stores does Mikey currently have?

Mikey is currently testing five dropshipping stores, with four actively generating sales.

4. What is the hardest part of TikTok dropshipping according to Mikey?

The hardest part is the mental challenge and staying consistent, especially in the initial stages where doubts are common.

5. What is the burner method?

The burner method involves using a separate device to search for viral products on TikTok by entering relevant keywords.

6. Is AliExpress a good platform for product research?

Yes, but it requires experience to know which products will do well before they go viral on TikTok.

7. What is the future goal Mikey has set for himself?

Mikey aims to have a million pounds in the bank by the end of the year.

8. What are Mikey’s thoughts on TikTok Shop?

Mikey finds TikTok Shop very effective but hasn’t fully committed to it yet due to focusing on other aspects of his business.