stories of successes and failures

[suchona.kani.z]

Make sure you (actually) get paid for your first sale . When you are still looking for your first sale, you are often so focused that you forget about some small details. Karolis Rimkus, a part-time dropshipper, told us the story of his first sale.

When I first started running my store, I wasn’t sure what products would work. So I found myself scrolling through runners’ forums, reading people’s concerns about their situation with terrible shorts or terrible headbands, and offering suggestions on what to improve, while sliding my products in and out. It worked. But I was a complete loser, and they were paying through Shopify Payments, which wasn’t available in my country. So Shopify ended up refunding them the full amount within a week. But that still counts as a sale, right?

What Does Facebook Data Really Tell You?
Mistakes to avoid

Data. The word inspires both fear and joy in the hearts of dropshippers. Knowing netherlands email list what to do with your data will set you on an unstoppable path to success. If you misunderstand or misinterpret your data, you will quickly find yourself in a predicament like the one dropshipper Ryan Carroll found himself in.

My biggest dropshipping failure was spending a ton of money on Facebook and not realizing I was losing money every day. I just wasn't looking at the data correctly. I had probably spent about five thousand dollars in three months, thinking I was making money, but I wasn't.

The key thing to look at on Facebook is the cost per purchase. If the cost per purchase is much higher than the amount you sell the product for, it is obvious that you are losing money. So you need to make sure that the cost per purchase is less than the amount listed, including the cost of the merchandise.

These are common mistakes in advertising investments that you should stay away from!