Here is another great example of what sells well with drop shipping. Honestly I really liked this product and even purchased it for myself. As usual I am giving you great finds that I got on facebook, I am not affiliated with any of the products I show in examples
Here is their winning ad. It’s a video FB ad, they are using “as seen on tv” approach with a lot of great scarcity special symbols like FIRE and special discount:
People are reacting well, it collected over 442 shares and thousands of likes.
As you can see the MAGIC MUG is on sale for “just” $39.99 usd. (“used to” be 69 lol)
Nicely done shopify store with all the scrarcity apps you can think of.
Now using the Sells Like Hot Cases best seller finder or other tools you can see the sourcing price on aliexpress for dropshipping is $12.65 with shipping from CHINA.
That is 39.99 – 12.65 = $27.4 profit!
So dropshipping profit is 27.4 usd (very good). Deduct the cost of the fb ads and you still get a great winner.
Obviously they can maximize profits by going FBA model using Alibaba.
The NET profit becomes closer to $35 usd but you have to order more units of course plus combine it manually with gloves etc.
What’s also interesting that you could be dropshipping this also from Amazon, almost for the same price with no need to ship from China: 12.99
Anyways it’s a great example that system works great regardless if you use the dropshipping method or the FBA method, there are plenty of successful products and it’s never “too late”.
If you need great ideas, login to your sellslikehotcakes members area and use the niche finder or product idea of the day!
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http://sellslikehotcakes.co/slogan_maker.php
The Slogan Maker allows you to generate catchy slogans and titles for
your marketing materials. If you refresh - every time you get a new
idea! Enjoy!
I have finished watching the video about "incorporation and taxes" but I'm lost. If I understood correctly the suggested way to open a seller central account is as a professional.
-What do I need to open a professional account?
-Do I need a LLC? bank account? address??
Can someone explain ---> my situation will be "Rest of the world selling in the US"
Thank you!