PubertyMaxxer
Face, Height, Frame, Dick
- Joined
- Oct 15, 2019
- Posts
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Dropshipping and low ticket non-branded Ecommerce is dead
A typical dropshipping product sells for 19-79$, if its more expensive the conversion rate drops because people dont impulse purchase it anymore
Lets say a Dropshipper sells a 29$ product where he makes 20$ profit margin after product + shipping + software + payment provider fees
The average conversion rate from paid advertising on facebook & Instagram is 1-3% and the average cost per click is 0.50-1$
If he gets a 2% conversion rate he need 50 visitors on his website in order to achieve 1 sale which costs him 50 * 0.50$ = 25$
He is now already - 5 $ in the red
Dropshipping sites and similar sites also get no repeat purchases and and are worth nothing because they don't have happy customers and a valuable brand name
With the - 5$ / sale he has 2 options :
Either stop the business or
Make 1000 Unprofitable sales and lose 5000$ while making 29.000$ in Revenue
These 29.000$ In Revenue He Can Now Use To Sell A Dropshipping Online Course With 300$ profit margin with a cost per click of 1$ and conversion rate of 2%
@NorwoodMilitant @TheMewingBBC @Jamal2222 @eduardkoopman
A typical dropshipping product sells for 19-79$, if its more expensive the conversion rate drops because people dont impulse purchase it anymore
Lets say a Dropshipper sells a 29$ product where he makes 20$ profit margin after product + shipping + software + payment provider fees
The average conversion rate from paid advertising on facebook & Instagram is 1-3% and the average cost per click is 0.50-1$
If he gets a 2% conversion rate he need 50 visitors on his website in order to achieve 1 sale which costs him 50 * 0.50$ = 25$
He is now already - 5 $ in the red
Dropshipping sites and similar sites also get no repeat purchases and and are worth nothing because they don't have happy customers and a valuable brand name
With the - 5$ / sale he has 2 options :
Either stop the business or
Make 1000 Unprofitable sales and lose 5000$ while making 29.000$ in Revenue
These 29.000$ In Revenue He Can Now Use To Sell A Dropshipping Online Course With 300$ profit margin with a cost per click of 1$ and conversion rate of 2%
@NorwoodMilitant @TheMewingBBC @Jamal2222 @eduardkoopman
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