Drop shipping Success: How a 24-year-old built a $13 million/year business

 Interviewed drop shippers who have made millions of dollars and asked them how they did it Douglas does over $1 million per month from the stores Drop shipping Success: How a 24-year-old built a $13 million/year business :Susan and Steven went from Drop Shipping to starting their own multi7 figure brand and Jason owns a big Drop Shipping sourcing business three different perspectives and if you’re looking to start an e-commerce brand I really think that everything we’re talking about today in this post blog it’s going to be super super useful so let’s go so can you introduce yourself your.

Ready To Scale Your Drop Shipping Business? Douglas

Then what you do my name is Douglas I’m 24 years old and I’ve been doing Drop Shipping for about 5 years now so how did you first get into Drop Shipping I went to college for business within about a year and a half I flunked out when I got back home basically my dad gave me an ultimate him and he was like all right you have one year to figure something out or you’re either going back to school or you’re getting a job so yeah I came across a video on YouTube got obsessed with Drop Shipping and it took me about 8 months before I found any success but yeah that’s how I got started so those first 8 to n months  

 How much money did you lose I initially got into Drop Shipping with a few thousand that I made from basically reselling Street Wear I would put money into a store make some money money invested into another store one thing led to another I was $11,000 in debt  

What are some of your numbers today, because I think it’s super inspiring. In the was the first two years that I did Drop shipping,. I was able to do a little bit over $3 million in. And by myself, and recently, I partnered up with a friend of mine. We’re on track to do about $13  million by the end of this year How much is that per day? Our biggest day to date would be $360,000 in Revenue what did

You guys have to actually start making a lot more. In the second half and the first two quarters of the year, we didn’t test enough products. What really changed was that we just ramped up our volume, tested more products, tested more creatives, and grew our team to be able to support that. Okay, so first, I know a lot of people might be a little skeptical because there are some big numbers. Can you show us your phone, or yeah, yeah, I could, okay? So this is one store that we’re working on. This is our main store, Nice. Those are some big numbers. This is the second store that we’re working on this year. This one’s a little bit of a baby, but that’s great. Yeah, thanks for showing us that, because I know a lot of people are like, There’s no way people make that much money online, right?

if you look at the graphs, like the first half of the year, we weren’t doing that well We basically had an emergency meeting where we looked at each other and we were like, we got a grind for the last half of the year, and so we basically locked ourselves in 6 months, working anywhere from 40 to 50 hours a day. week those were the results that came from it what type of ads you guys run? We’re mainly running UGC Style creatives on Facebook and Instagram ads We’re doing maybe like 80% Facebook and Instagram right now and then like 20% on TikTok. Can you give us some advice on that? UGC seems to be the trend right now People just like seeing marketing that doesn’t look like it’s marketing immediately when you watch it right so it’s a lot of storytelling. I would say if you can bring people on a journey and then sell to them while you’re doing it but do it in a way where

It’s not obvious that you’re selling to them, you’ll always make money can you tell us about a time when you tested something, and it didn’t work out and what you learned from it there was actually a dry period where I moved to New York and I didn’t make any money from Drop-Shipping what I did was I basically removed myself from the comfortable situation that I was in I was still at home with my parents I took a trip to New York got an apartment for a year and a half out there and basically just put my back against the wall and figured it out, so my advice would be that’s on yourself and basically just show up every day and if you’re persistent with it, you’ll figure it out can, you share with the audience like what does that do for your mindset and your work ethic and all that stuff when you stay home, and you’re kind of in the same Hometown you see the same people you do the same things it breeds a level of comfort that makes you sort of accept whatever your situation is right and so when you put yourself in a new environment you’re more forced to explore new ideas and grow as an individual and when you sort of you know do something like get an apartment then you have more of an incentive now to make more pressure yeah exactly what’s a mistake that a lot of people do when they get started drop-shipping information overload, so there’s a lot of information online with you know
Different GRS online teach you how to do drop-shipping, so my advice would be to pick one strategy and stick with it for a while and not get sidetracked by Day Zero, right? You’re starting out with your knowledge right now. What would you do for the first 180 days? So I would start by doing a lot of research into different niches and industries. Basically, you’re looking for holes in the market where you can come in and do something better than the competition and the key thing that I would do is

Actually, figure out a way to put in a feedback loop system into the way that you test, so you need to take action by coming up with a hypothesis, is this going to work is this not going to work and then when you test it you can figure out whether it works and then readjust your strategy based on that what’s your daily schedule like, so I try to wake up around 7:30 8:00 in the morning I’ll immediately

Start work I’m not a big believer in morning routines too much I’ll typically be done around noon and from there I’ll just have the rest of the day to do whatever I want what are some of the favorite tools software websites that you guys use in your business click up for team task management notion for just storing all of our like databases anything data related we use air. In for storing creatives, I’ve been using a tool called akin flow which basically takes you know all of those things and kind of puts it into one place, what are the good and bad parts of the Drop-Shipping lifestyle, freedom but also lack, of freedom, in the sense that, because you’re working from your laptop, you can kind of travel to any location you want and still make money but with that that comes the need for discipline, and if you don’t have discipline, then it’s very easy for your business to slip sometimes, so there’s always like pressure to kind of push for more do you have any final advice for the audience should they Do

Drop-Shipping should they not Drop-Shipping is one of the best ways to get into business if you don’t have a lot of starting capital, but that doesn’t mean that you should get into it with no
Starting capital, I think you’ll have a lot more success if you have money to work with, because you’re not stressed about it, you know. Maybe I spent $200 here and that’s like all the money that I have to test a product, so having to start would be the best way to do it. About. Thank you so much. All right look

AUTODS

we’re on the topic of Drop Shipping I wanted to tell you about a platform that could help you out if you’re trying to get into e-commerce AUTOAS is a software that helps online sellers automate their Drop Shipping business on multiple marketplaces specializing in Shopify but also working with other marketplaces like eBay Amazon and more they also have a variety of powerful tools to search for products Such as their winning product section or by simply scrolling through their Marketplace, you don’t have to spend hours scrolling through TikTok. Now you can also find on the market Marketplace multiple suppliers with great shipping times between 2 and 12 business days, and they can take any product to connect it to your store market, ship it out to your customers and even customize your product with your branding.

Overall this will Help you guys save so much time and automate the tedious aspects of running a Drop-Shipping business, so if you’re trying to get into Drop-Shipping like the people we’re interviewing all right, so what are your

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Steven (own 7 figure e-com company) on building a successful e-commerce business.

 Name.  Your ages. What You guys do? My name is Stephen. I’m 23, and I run an e-commerce business and a software company. My name is Susan. I’m 22, and I own a brand called Private Paradise Pri. Can we get a tour of your guys’ whole office? Place yeah course come on in. Let’s go. Yes, this is where we come to hang out once in a while. Here this is our warehouse that stores most of our apparel. 12200 Square Ft. This is where the magic happens. All the Christmas presents are delivered on this table. You can see here. We have all of these sections this is all section off by individual product skew in this room this is where the bulk of our jewelry is stored so what’s been the best part about having your own space like this more control for sure because we used to Actually work with a third party fulfillment center we wouldn’t know if our orders were being shipped there would always be delays can I see one of  You guys’ products. Yes, this is one of our earrings. It’s a tight earring for the K-pop fans out there who might recognize it. This is a necklace I actually just designed. It’s our Paradise necklace and on the back it comes with a quote which is from a BTS song called Paradise that’s so cool that you guys have the space at such a young age. That’s really impressive. Can you tell me about the story of how you guys got started at such a young age, yeah, so for me?    

I started my first online business when I was 12 and was running Minecraft servers and I would sell in-game perks through a platform called Engine, and I made $10,000 when I was just 12 years old When I was 17, I started a business selling fidget Spinners and made like $300,000 in Revenue doing that in college

I started a Drop Shipping Store and we sold designer toys so I started my business when I was 17 back in 2019 that’s when I was learning different programs like Adobe Illustrator because I knew I need to know Vector to design products and So eventually that led me to release my first product which was

just like an airproofs case and then I decided to design a jewelry collection I did a drop and I made 20K within like the first hour and that was more than I had made in the past 6 months so that’s what made me realize like if I take this seriously like this could really be something I think a lot of people watching this they wanted maybe do something similar what would you tell them how like how can they get started my first e-commerce business I was selling fidget Spinners and I went on

Alibaba spent $50 and I got 20 units of fidget Spinners and I just hand ship to myself so I think the biggest thing that you need to do is learn marketing because of all the businesses I failed the biggest issue that came to me was a lack of distribution I didn’t know how to sell something and I didn’t know what customers wanted either a lot of people get stuck on like the education phase where they spend a lot of time researching and learning but not actually doing so i’ would say you have to take action and do it what should people not do to be successful not taking enough risks especially when you’re young this is the best time of your life to take as many risks as possible for me when

I made $10,000 when I was 12 yeah 95% of that money I lost it all I was able to afford taking that risk because I was so young so when you’re young take those risks and be be willing to lose 100% of your money because it might seem like a lot in the moment but if you look at the grand scheme of things it’s not a lot of money you’re going to make especially if