How to make a profitable store? Case study

When trying to create your own shopify store it’s great to find out what WORKS!

You can use our Sellslikehotcakes best seller finder tools or do your own research.

Today I have a great finding for you, as example. (I am not affiliated with this store and just found it yesterday). I use it as an example of successful campaign.

It is selling an electric handheld pump for a car.

This is their sponsored ad, well made video with a big amount of comments and likes. 24.5k likes? not bad.

 

No surprise it got many comments and shares. and if you check their offer, they are selling the electric pump for a crazy price of 87 usd! Even going as far as saying it was 300 usd (lol) before for a good scarcity “SALE” effect.

Obviously the source product is much cheaper and using Sellslikehotcakes research tools we can easily find it on Aliexpress for just 35 usd. So in case they use dropshipping model their profit is around 52 usd per unit (!) Amazing !

But that’s not all! 🙂

If they use the whitelabelling (most likely by putting the Dragon logo on it) they get even better prices.

3-8 usd per unit with 2000 units minimum. Add shipping and FBA fees and you get around 15 usd cost per unit with the sale price of 87 usd 🙂 Not bad, huh?

Now your profit margin is crazy 72 usd !

So you can see how well you can get started with dropshipping using a simple viral idea, playing on the passion and the need instead of trying to sell generic products like necklaces or t-shirts!

If you have not started, I hope you get started soon, and get your store going for the coming-soon Halloween and Christmas sale!!

========

P.S. Upgrade to VIP Club and Unlock All The Videos and Tools. Instant Access and $1 Easy Trial

Last Wall Comments

 
50.0000
10
 pat says at 23:09 et
Not to brag... but It's my first $1000 DAY pals! 37 units sold today! Really appreciate all the help you gave me to boost my sales.. Last year I never reached even 15 units per day!
 
50.0000
8
 Mike says at 23:14 et
I use my sourcing agent for that.. You can check the links in the RESOURCES section.. I also heard asiainspection is great too
 
50.0000
7
 Midas says at 21:02 et
Im new to dropshipping... If you do dropshipping and sell more than one item on the same order, it can happen that the items are from different suppliers, how do you handle the shipping issue of 2 packages with your customers?
 
50.0000
12
 Chris says at 21:02 et
Not a problem.. tell they are shipped from different warehouses.. Even amazon does that.. The customer does not care.
Or the forwarder can receive goods and consolidate orders..
 
50.0000
 Wolf says at 21:13 et
What is estimates for air express and air freight?
 
50.0000
7
 Rob says at 21:13 et
Depends on the product and provider.. Usually express is around $6/kg and air freight $4 to 5.
Sea freight is much cheaper but slower.
 
50.0000
2
 Ab says at 21:42 et
any good facebook bots?
 
50.0000
15
 Chris says at 21:43 et
check manychat.com and trustmsg.com to build list via chat on facebooks..
 
50.0000
14
 Ray says at 21:44 et
What is ISF? I am confused
 
50.0000
1
 jack says at 21:44 et
It's Importer Security Filing.. As the importer, you are required to file some basic information before the cargo departs overseas and arrives in the US. Your freight forwarder will always taken care of this but double check always!
 
50.0000
4
 Optimus says at 17:22 et
How do i build a list? any tips?
 
50.0000
7
 Claudia says at 17:22 et
Please see the video we have about building a list, great tips there!
 
50.0000
6
 Evan says at 17:23 et
You can not collect emails through Amazon's platform. it myst be build a list outside Amazon.. build leadpages page.
 
50.0000
4
 Ted says at 17:23 et
Run a contest in your niche or giveaway, or free plus shipping offer and then collect emails in return. EASY!
 
50.0000
6
 jo says at 22:49 et
I am about to ship soon from China...do I need to put the sku on each product or just label on the boxes?
 
50.0000
3
 Ron says at 22:50 et
Jo, You need your bar code on each and single item, how else amazon will receive it.. FNSKU or UPC
 
50.0000
6
 Chris says at 22:51 et
UPC if you are brand registered with amazon. else FNSKU. You need to see the videos of the course first.
 
50.0000
9
 Mike says at 14:36 et
How are you guys? Great news, we started the beta of the new tool, called "Reverse ASIN". Take a look if this can help you http://sellslikehotcakes.co/reverse_asin.php
Remember it works only for the high ranked products to let you spy on your competitors. You can no reverse asin products that are not ranked in top 100. Really a great tool, similar to Keyword inspector but no need to pay for credits.
 
50.0000
4
 Gab says at 14:36 et
wow amazing work guys! will test!
 
50.0000
5
 Victor says at 14:37 et
Thank you sellslikehotcakes team, I am glad to be part of the beta!
 
50.0000
4
 Gautam says at 08:57 et
Thanks, Mike. Love it here! Hope to make my first sale soon.
 
50.0000
6
 Mike says at 11:35 et
Hi guys!

Great news, as you know I've been super active and super excited about the course, and today I'm glad to announce that I have added not 1, not 2 but 3 new great videos for you!

1. Exit Strategies: How to sell your business and buy other thriving businesses
This is a video showing why and how you can buy and sell the ecommerce businesses (small or big)

2. Fullproof tips how to avoid paying huge long term storage fees on Amazon FBA
THis is great to show you how to avoid pitfalls with storage fees and get rid of slow selling product!

3. Using Crowdsourcing Campaign to boost your sales and jump start your product (Case study)
I dont always win and this is a fun video showing how i failed in crowdsourcing on kickstarter but still made $10k along the way and what you can learn from my mistakes! I hope my story will give you great ideas on how to boost your sales with crowdfunding!

By the way if you enjoy our course, please let me know, I really appreciate your reviews and your comments and questions!

You joined the course on the insane low price for first early-bird 500 betatesters (you know similar courses usually charge $150-190 or more for way less content) so your early feedback is really important to me!

If you have any questions, let me know!

Mike
Sells like hot cakes guy!
 
50.0000
7
 Aria says at 11:37 et
thank you mike and SLHK team ... really great quality of video and I'm glad i joined early with such a silly price. I paid $10,000 for @Amazing@ Course 3 years ago and got way less info!
 
50.0000
5
 Vin says at 11:40 et
thx for update, appreciated the efforts and the community has been very helpful to me!
 
50.0000
8
 Mila says at 15:54 et
love the tools and community! my second product is reaching $300 per day now! it WOKRS!!!!
 
6
wade says at 04:27 et
Hello - Brand new here - Just wondering how long it took you to reach this point ? Also congratulations on the progress... :)
 
7
Alexander says at 04:18 et
When choosing a niche should I stick to single kind of product like memory sticks for example, or should I have different kinds of products on my shopify store?
 
4
Kizzie says at 14:22 et
Great job
 
5
GERRIE says at 08:27 et
I have watched a lot of videos and I understand what they are telling me to do. However, I can't memorize an all the instructions. Is there a written text instruction that I can reread the instructions as I am filling out the forms? I have been putting everything on my reading list but don't know if that is enough.
 
50.0000
4
 Mike says at 08:27 et
Most of our videos have text transcript to download.