Though dropshipping is a relatively simple ecommerce business model, it still requires responsibility to start working. You can test the niche yourself, but as soon as you understand you are making progress, you will inevitably have to delegate some processes to your partner or employees.
Searching for new products, working on ad creatives, Facebook ads, shipping, customer support, etc — all these aspects require constant improving and attention. Besides, as soon as your store reaches a high traffic number, you will need an assistant. You can contact us via Telegram
to get support.
Before launching the store, you should understand you will not make much traffic right after publishing it. You will surely need advertising to attract potential clients.
When planning an advertising campaign, you need to decide which platform you will use. You will also have to calculate whether you use one or several sites. If you just started your dropshipping business, we strongly recommend to begin with just one platform to learn the peculiarities of the whole process and not spend a fortune on useless ads.
To ensure your business is profitable, firstly, you must know where and how to advertise your products. Secondly, you need to form a monthly, weekly or even daily budget for your advertising campaigns. And most importantly, you must clearly understand how your revenue and expenditure aspects are formed. These aspects are also formed by advertising costs, added applications, cost of goods and Shopify commissions. If you plan to use Facebook as the main advertising platform, we recommend starting from a $1000 budget.
The marketing budget mainly depends on your skills and experience in setting up advertising, but also on luck to some extent. If the product does well on sale, you can pay for future advertising campaigns with the money from the sale. Though it does not matter how scrupulous you were in choosing marketing strategy, if your ads are not catchy and creative enough to sell the product, budget might be used ineffectively.