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!!

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Last Wall Comments

 
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 David S says at 22:34 et
Hi guys! I am about to place the order with the factory, what is the difference between EXW and FOB?
 
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 sam dh says at 23:22 et
oh cool.. thx will do!! thx for the quick response! great support
 
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 Mike says at 23:22 et
Just make sure you don't stuck in "research" stage for too long. When I started I kept researching far too long and missed a hot summer sale season for my summer products. There is never ideal product with no competition and perfect conditions. Just TAKE ACTION and START SELLING!
 
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 freedom says at 21:01 et
Why to go Shopify and not WooCommerce??
 
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 Ted says at 21:01 et
Shopify Is Easier to Use, it's a turn-key solution. (hosting, ssl etc all included) + great app store to boost your sales.
WooCommerce is free opensource plugin and working with Wordpress which means you have to install and confirgure everything yourself, buy hosting, ssl separately too so there is no real saving just more headaches.
Go for shopify and jump straight into selling rather than micromanagement tech parts with WooCommerce..
 
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 Iriness says at 21:05 et
WooCommerce looks like saving but in reality you have tons of hidden costs like domain, ssl and tons of extra hassles... Why not go easy with Shopify!
 
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Claudia says at 21:05 et
I agree with Iriness!
 
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 Aria says at 21:19 et
What's ASIN?
 
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Claudia says at 21:19 et
A 10-character alphanumeric unique identifier assigned by Amazon.com and its partners for product identification within the Amazon.com organization
 
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 Bill says at 21:23 et
What's my FBA return policy??
 
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Claudia says at 21:23 et
If you FBA then the Amazon return policy is YOUR return policy http://www.amazon.com/gp/help/customer/display.html?nodeId=15015721
 
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 Fadey says at 21:26 et
hi friends.. PREP question. do i have to do PREP myself??
 
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Claudia says at 21:26 et
No.. There are many companies who are set up just for this type of service, see resources section!
 
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 Victor says at 15:03 et
My problem is I am selling too fast and often run out of stock... Should i rise prices to slow down or let it run out of stock?
 
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 chris says at 15:03 et
Dont rise prices it will lower your BSR and ranks... Run out of stock swinging and refill fast!
 
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 Alice says at 15:04 et
forecast.ly and cashcow pro will help you manage inventory and plan better! hope it helps!
 
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 Caleb says at 00:54 et
Very excited to meet many of you guys at Traffic and Conversion summit in san diego!! You are crushing it!
 
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 Samuel says at 00:55 et
TLC2017 rocks.. rian dies and perry belcher on fire. By the way Perry is also doing sourcing from CHINA! this topic is on FIRE !!! he is doing 20 million with his strategic knife sales this year and expanding.
 
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 Ted says at 00:56 et
True, ecommerce is growing really fast. It's a golden time to start!
 
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Leslie says at 00:15 et
I was on shopify then left over grey areas of card merchants not wanting to support product. Months later I came back and then left after 10 days due to lack of available products in my niche. Aliexpress vendors using misleading titles or description don't help. I then tried an app to upload Amazon products as an affiliate and do a review site, but it looks gawdy compared to shopify, and I will never make money like that. Therefore, I am convinced that shopify is way better. I'll just have to find a different niche that Aliexpress or a US dropshipper can fulfill!
 
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 jack says at 00:16 et
I think the niche finder tool and the "Most passionate niches" report will help you find the product http://sellslikehotcakes.co/niches.php Good luck, keep us posted on your progress.
 
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 Tyro Meg says at 00:16 et
Shopify supports Stripe and Paypal, no grey areas there, very easy these days. Try to attach them both!
 
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Alessandro says at 08:58 et
Hi to all, I'm new here. I was thinking about starting an action figure store, but I don't think items from Aliexpress are original. Is it a problem for collectors?
Thanks so much.
 
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 Good Vic says at 09:00 et
I see pretty big choice for action figures on aliexpress. but you need to decide for whom are you selling? if you are selling 10-15 usd action figure for kids they dont care if they are "original or not". if you sell memorabilia for collectors then you can charge premium and drop ship from other marketplaces as well.
 
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 Gab says at 09:08 et
Alessandro you can even dropship from ebay and amazon as well for your store. I see the prices start from 5-15 usd for basic action figures toys and 50-100 for "high end" more quality figures
 
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 chris says at 09:57 et
I posted my Critics today, if you care - please send me suggestions here http://sellslikehotcakes.co/critics.php
 
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sol says at 07:45 et
Hi guys i am new to the community i have