Are you wondering how to make $1,000+ a month with your new dropshipping store? There are many ways to do that – just keep studying marketing techniques from our blog. Or consider subscribing to ourPremium Products service to get new high-performing dropshipping products each week. This is how our team prepares such goods.
Dropshipping can become a good side-hustle job for earning extra money. But finding good products is not an easy task.
Being dropshippers ourselves, we at AliDropship regularly test new products, new marketing strategies, new ad ideas and website layouts. Along with dropshipping solutions we create for our customers, we also want to share this experience with the buyers and readers who haven’t made up their minds yet.
That’s why AliDropship has created this blog where we, the company’s team, share product selections, niche ideas, marketing techniques, etc. We also decided to fuse this experience into our new solution – Premium Products.
By subscribing to AliDropship Premium Products, customers will get new products selected and tested by our team on a weekly basis along with advertising materials and recommendations from our marketers.
In this case study, I’m going to show you one of such goods and how it became one of the Premium Products we offer.
#1: Finding and checking a product idea to make $1,000+ a month
One can’t start making money with no product to sell.
That’s why at the first phase our team begins looking for new product ideas by browsing AdSpy. It’s a platform that finds commercial posts on Facebook and Instagram. When analyzing ads created by dropshipping businesses, we met this product again and again:
One particular ad had more than 30,000 likes, which is a lot. Besides, this kind of product is often easy to promote because it solves a particular problem people suffer from. So, the team got interested and decided to check the orthopedic cushion.
The team visited the online stores that advertised this product to check their prices and shipping options and found the same product on AliExpress for comparison purposes. It’s also a good idea to visit Google Trends, check customer reviews in stores and comments on corresponding social media and compare the product with similar goods on Amazon since it’s your main competitor.
The original posts contained almost 19,000 reviews, mostly positive ones where people shared their experience with the product they ordered and what kind of problems they expected the cushion to solve.
The price of the cushion on AliExpress starts at $10.43 which isn’t bad considering there are sellers offering free shipping options. The delivery time to the US is a bit disappointing, but there’s nothing you can do now because of the COVID-19 pandemic.
The statistics in the AliExpress Dropshipping Center shows more than a thousand orders made by buyers and dropshippers.
#2: Creating a product page for the new item
Making extra cash from your dropshipping business is good and all, but we want the product to make $1,000 a month or even more. Therefore, we need to take a serious approach. One can’t start promoting a product immediately after importing it to their website.
There’s still a lot to do, and the very first thing all online businesses need is a perfect product page.
It’s important because all your marketing attempts will be useless if the page looks awful. After successfully bringing a potential customer to the product page, one still needs to convince the client that the purchase is worth it.
This is what the product page look like:
Just like with other AliDropship themes, this one looks neat and clean. When a person visits the page (usually after clicking on an ad), it’s extremely important to remove anything that can distract him or her.
Description is an important part of any product page, and we always make sure it has plenty of high-quality images.
And of course, we imported a number of customer reviews with photos to demonstrate that buying here is safe and the quality of the product is high enough.
A professionally made product page like this is absolutely necessary if you want to make an extra $1,000 a month from your store.
#3: Testing the new product
Now that the product page is ready to welcome potential customers, it’s time to think about how to actually attract them. We mostly promote products in social media, namely Facebook and Instagram as these platforms are visited by millions of people of all ages.
However, right now it’s too soon to start promoting. Before that, we need to create and test advertising materials.
Testing marketing materials
For this product, the team created a number of video ads (videos prove to work best) and launched a PPE campaign on Facebook.
Some entrepreneurs who try making money online and promoting their businesses on social media consider it a waste of time. They say Page Post Engagement campaigns don’t bring you any profit, so there’s no point doing it.
However, PPE campaigns on Facebook let you test ads, target audiences and the product itself. And they’re relatively cheap, so we strongly recommend starting with a PPE campaign.
These were the results of the campaign:
The most important parameters here are the number of impressions, click-through rate and unique link clicks. As you can see, two of the video ads we were testing showed pretty decent results. Another one wasn’t so bad, while other ads (you can see only one of them here) didn’t really work. So, we had to turn them off.
Testing Facebook interests
If you want to make $1,000 a month, you must properly analyze your target audience. After all, a mistake here can result in wasting several hundred dollars! That’s why our next step is to find and test Facebook interests.
At this point, we launch a conversion campaign hoping that at least some of the ad sets will bring actual income. However, keep in mind that you’ll have to spend money on a daily basis to keep the ads running. So, make sure to shut down the sets if you see they’re not making sales.
This is what we got. As you can see, most of the interests resulted in few clicks and low CTR, so we had to stop them before they “ate” all our budget. Nevertheless, we were able to find two interests that worked pretty well.
It’s also important to define a number of other parameters for your target audience, with gender and ages being your first priority.
As for age, the testing showed no surprises: the demand for orthopedic cushions is low among people younger than 35.
Testing banner for remarketing campaigns
Since our conversion campaign has already brought a number of Facebook and Instagram users to our dropshipping store, we can now start a remarketing campaign.
If you’re not familiar with this concept, let me explain. Most site visitors leave without buying anything. Some even put a product or two to the shopping cart but never move to the checkout page. A remarketing campaign follows such people to make even more extra income.
First, our team of designers create a number of ad banners. Then the Ecommerce Department launches a remarketing campaign to test how the banners perform. Take a look:
Here’s an example of a few unsuccessful and two successful banners. After thorough testing, the team picks 10 most efficient ones and hands them to Premium Products subscribers.
#4: Final results
By this time, it becomes obvious whether a new product is worth all this work and has potential or not. Let’s take a look at the financial results:
The campaigns were running for three weeks and the total revenue we got from this product equaled $1,484.67.
Some of you could say that the team has spent more than a thousand dollars as well and the net profit is actually less than $500. True, but don’t forget that a considerable sum was spent on testing. It’s an unpleasant but necessary part of the dropshipping business. If the team started promoting the cushion after all the testing (focusing purely on the most successful materials and audiences), the results would be better.
But at this point, the team sends the item and the data to the list of our Premium Products and moves on to the next product.
Besides, a good dropshipping store always has at least several top products which sell well enough to make $1,000 a month or even more each.
What do Premium Product subscribers get?
By now the orthopedic cushion has become one of our Premium Products. By subscribing to this service, the owners of dropshipping stores get everything I have mentioned in this article:
The product idea
The product page along with all the pictures and reviews
Marketing materials which include 3 video ads and 10 banners for remarketing (all pre-tested by our team)
Target audience recommendations
As a result, one can import and start promoting this top product without having to spend hundreds of dollars on the testing phase as we’ve done it for you!
Wondering how to make $1,000 a month?Premium Products can provide a relatively easy and affordable solution to this problem. Moreover, by subscribing to this service, you get access to ALL the previously added Premium Products!
How much do dropshippers make? When to expect the first sale to happen? How long will it take for the dropshipping business owner to have a stable income? Let’s try to figure it out.
Money-related queries always top the list of the most frequently asked dropshipping questions. There is nothing surprising about it. None of us wants to engage in a demanding activity that ends up being unprofitable, right? We are all dreaming of lazy self-indulgent workless days on a warm calm seashore, and can’t wait for it to finally happen.
Still, questions like ‘how much money can I make dropshipping” are somewhat similar to ‘what’s the size of the Universe’… I mean, there is no way to answer them with a 100% accuracy.
Instead, in order not to make some disorienting assumptions (I really wouldn’t like to make any misleading promises), let’s consider real-life experience of the people who have already achieved some important business milestones. Everyone’s experience is precious, and there are lots of tiny tips and lifehacks we can learn from others.
How much do dropshippers make with a newly launched store?
First of all, let’s speak about your possible income in case of starting a dropshipping business. You should understand that there are lots of factors which can influence your dropshipping journey. For example, a significant role is played by your location, the chosen niche, suppliers, products, and so on. It means that it’s difficult for us to talk about an average income of newly launched store owners. For this very reason I suggest you to pay your attention to some success stories of our latest clients, and you’ll have an opportunity to draw conclusions by yourself.
Story #1: Martin, New Zealand, made $295.59 in his first month
Meet one of our amazing clients whose name is Martin. He’s a sports coach from New Zealand, who has decided to go into dropshipping business. He started up his journey not long ago and has already achieved some results to boast. Today he owns only one online store and its total revenue in the first month of the store operation amounts to almost $300. Probably this sum is not very impressive, but the fact that Martin managed to make some profit during the very first month of his business existence without any relevant experience or background in the field is quite notable.
Story #2: Alex, Russia, made $223.79/month with one of his stores
We can take a look at one more dropshipping entrepreneur. His name is Alex, and he is from Russia. His way in dropshipping is very interesting due to his education and previous experience. He has a PhD in IT, and he tried to design his own software for running a dropshipping business. Unfortunately, he hadn’t succeed until he decided to use our dropshipping solutions. To date, he owns nine online stores, and four of them are built with AliDropship plugin. Showing one of his stores as a example, Alex says that he has 3-20 orders every day, and his gross sales for a month amount to more than $200. This sum doesn’t seem like enormous, but, as an additional source of income, it’s still inspiring!
Story #3: Mihai, Spain, made first sale of $40
Next entrepreneur I would like to talk about is Mihai. He is from Spain. Recently he opened two online stores using the solutions of AliDropship. Well, despite the fact that he only made one sale so far, he has a highly positive attitude. He is sure that the success is within reach, because he knows it now from a real-life experience how to promote his stores.
You might be wondering: what about the prospects of your dropshipping store? These newcomers’ stories are motivational, of course, but how does the business generally progress?
We cover this question a bit later in this article, but here is just a couple of stories to give you some idea on this.
Story #4: Otto, the Baltic states, made $13,087 in 1 month
Some of our clients started their dropshipping journeys several years ago and already shared the stories of their success with us several times. For example, this is Otto, and he lives in the Baltic states. The most interesting fact about his way is that he gave up his 9 to 5 job and decided to risk everything to start dropshipping. And what do you think about it? Yes, it paid him off. After he had launched the second online store, his revenues amounted to more than $13,000 per month. Fortunately, there is more to come.
Story #5: Mousslim, France, made $3,500 in 45 days
Now meet Mousslim. He is only 22 years old, and he lives in a small town in France. He doesn’t have any college degree, but he is fond of new technologies and entrepreneurship. In 2017 he was interested in AliDropship plugin, and decided to give it a try. After some time his revenue amounted to $3,500. As it turned out to be, this guy was going to move far higher mountains.
If you want to know how these entrepreneurs operate right now, do not stop reading this article! The most exciting things are ahead!
How long should I wait until the first dropshipping sale?
Here, the answer is pretty simple: you shouldn’t wait at all.
When you run a newly launched store, it doesn’t have an established brand yet. So, the best strategy is to try out different marketing instruments, and test everything to the best of your abilities.
Let’s listen to the people providing their feedback on AliDropship forum: here, we have a special Our Dropshipping Journeys section that is exclusively dedicated to the authentic stories of dropshipping stores’ owners.
For example, from this thread we learn that it took the author about a week to achieve his first sale – but during this week being an experienced Internet marketer with a solid experience in building WordPress sites he did the following:
Picked the preferred promotional methods (AdWords and social media marketing);
Installed the Social Rabbit plugin to automatically manage social media marketing;
Connected Social Rabbit to the store’s Instagram , Facebook, Twitter and Facebook pages;
Got several additional external plugins that, in his own personal experience, prove to be beneficial for a website management;
Added and edited 3 times more products than he initially had;
Launched his first shoutout campaign;
Made several sitemap updates;
Launched his first AdWords campaign;
Made a conclusion on his pricing strategy and discounts policy;
Updated his product offer paying attention to their prices and SEO aspect
At this point, you’re probably thinking “Oh. My. God. This is WAY too much, I have no idea about any of this, and if I knew about such a huge amount of the work required, I would never even think about getting my own dropshipping store”.
But, let me assure you: there are literally no reasons for you to worry about these aspects. Yes, this particular forum poster already has a significant background experience in the field of Internet marketing; but how, do you think he got this background?
By practice, trials, and errors, of course.
No one is born with the full set of dropshipping skills and knowledge, right? It all comes in due time.
Here, the original poster is a ‘newbie in website’ who began with accumulating knowledge on stores management and promotion. As we learn it from the thread, it took this store owner exactly 1 month (since the moment of the AliDropship plugin purсhase) to get the first sale – which, by the way, originated as the result of making an Instagram shoutout.
In this case, the store owner wasn’t making any marketing efforts for about a week. Then, advertising campaigns on Bing and Facebook were launched, and in a couple of weeks, the first dropshipping income appeared.
This forum contributor doesn’t specify how long the store has been in operation – still, it gets clear that one week of advertisements through Facebook fan page and Instagram account was enough to generate the first sale ever.
And from this story, we can learn that the store owner concentrated on SEO in order to secure good business performance in the long run (which is actually a very smart move, so don’t forget to take a look at our SEO checklist for dropshipping stores). It took about 2 months for the first sale to happen, and the poster mostly attributes this achievement to the successful use of the Social Rabbit plugin.
This store owner had to wait only four days for the first purchase at his online store. Can you imagine? Only four days! It’s nuts, really.
Do you see a pattern here?
There is literally no way to ‘calculate’ how soon your first dropshipping sale will happen. Nevertheless, it’s possible to identify the factors that influence the timing:
If you haven’t tried our free dropshipping niche tool yet, it’s time to give it a shot! This instrument tells you if the niche is a good choice in terms of the number of products available, buyers’ interest, and promotional potential. The more demanded and product-rich the niche is, the sooner the first sale will happen.
If you read these and other dropshipping journeys shared on our forum, you’ll quickly notice that the range and quantity of payment methods supported on your website have a paramount importance. Quite often, people show interest to the product offers, but, due to the payment system inconvenience/unreliability, they leave the store before completing the order. Read this article to learn more about the best payment gateways you can use for your dropshipping store.
Intensity of marketing efforts
Well, this is obvious. It doesn’t matter if you are a marketing guru or you have never made a single sale, it makes no difference if you have developed multiple online stores or if you don’t know what a domain name is – as long as you are willing to push your business forward, none of this is relevant. Even with no market knowledge or industry experience, you can always start with understanding your target audience and trying simple, free ways to boost your store traffic. They cost you nothing, but they teach you a lot, and learning is essential for your business success.
How much can dropshippers make with ready businesses?
So, we’ve just looked into the financial prospects of the owners of brand-new dropshipping businesses. But what about the entrepreneurs who buy already operating online stores? How are their expected profits different from the beginners’ ones? And are there any guarantees?
To begin with, if you’ve decided to purchase such store instead of getting a new one from scratch, look at the store stats carefully. Use this website valuation guide to see if the money-making potential of this store is up to your expectations. Considering the current profits, traffic numbers, and social media presence, you’ll be able to roughly estimate this store profitability in a medium-term period.
Next, remember that you, as the new store owner, is now responsible for its operation! Even if you’ve purchased a business with stable profit and traffic numbers, don’t expect them to magically hold up by themselves. It’s vital to keep promoting the store, communicating with current and prospective customers, and updating the product offer from time to time. This way, you’ll keep the store relevant and interesting to your target audience, and prevent the previous profit levels from decreasing.
Good news is, you can get yourself an already operating business that is optimized to make the new owners’ life easier and keep the profits steady! There are two exciting options you can benefit from: Premium stores and Established businesses.
Check out the amazing stores here! As you can see, each of them already has a stable profit level. The reason is simple: each of the stores operates in a highly demanded niche and is promoted by a skilled team of digital marketing specialists. That’s why the profits are so impressive!
You can easily become an owner of an equally successful business, too! All these websites are eligible for copying: you can get an exact copy of a top-class dropshipping website with the same structure, design, product range, etc. And what’s more, you can also purchase a marketing package – a set of the exact same advertising materials and audience settings that is currently used to generate profits in these stores. Clearly, it’s super helpful to new store owners who’d love to boost their revenues!
One of these premium stores, by the way, makes $500,000 a year – isn’t that the number you’d love to achieve, too?
Established dropshipping businesses: individual monthly profit for every store
Just take a look at the impressive businesses here! Each of the Established stores is a long-functioning online business with detailed performance stats you can view instantly.
Unlike Premium stores, these are exclusive businesses: if you’re buying an Established store, you’re it’s only owner! And, as the new owner, you will enjoy numerous store benefits boosting your revenues: built-in marketing tools, pre-made social media pages, ready-to-use advertising materials, and more!
How much money do dropshippers make in general? What average dropshipping income can I expect?
And now, let’s (finally!) talk about the prospects regarding your income.
It would surely be interesting to learn the average monthly dropshipping income worldwide. But, it would only be possible if every country obliged these entrepreneurs to officially submit their revenues. I really doubt this initiative would see a warm welcome!
This AliDropship forum contributor runs a general store aimed on buyers from the Philippines, the USA, and Brazil, and the average daily amount of sales exceeds $3,000. His road to success was quite bumpy. But, with some courage, confidence, and faith (and Google AdWords) it became possible to achieve these incredible results.
Another forum poster, Rewall, spent about a year learning as much about dropshipping as possible, and in about 2 months, the income of his 2 stores hit the mark of $26,700. Facebook Ads did the magic!
Pirn from Estonia also used the AliDropship forum to share his success story, but our team got so impressed with his achievements that we asked him for a blog interview right away. It’s quite understandable: having no background experience, this EU dropshipper managed to achieve an average dropshipping income exceeding $10,000 per month!
Godfred from Ghana used to run an eCommerce store before he became a member of the AliDropship family. Now, he owns 2 AliDropship stores that provide him with quite a steady income: he makes over $500 every week!
Still remember Mousslim and Otto? Well, they have already been doing dropshipping for several years, and now we can bring their intermediate results. To date, Otto has four stores, two of which were experimental. As soon as he realized that they weren’t profitable, he stopped doing anything with them. Now the revenues of his two other stores amount to more than $40,000 per year. Looks like a considerable sum!
Mousslim has also been succeeding in dropshipping. His revenue for less than a year amounted to $455,000. Can you believe this? By the way, he has only one online store, because he doesn’t have enough time to launch some more ones. He is happy that he doesn’t have a boss, work-schedule, and but he can allow himself to travel as much as he wishes.
What conclusion can we draw from all these numbers?
Dropshipping puts no limits on your profits
As you can see, each and every particular dropshipping store owner has a dramatically different level of income. Still, there is a striking similarity: all the owners are not constrained by any specific terms or requirements. They saw no limits on the amount of conducted sales, pricing markup, overall revenue, etc. Whatever the income amount is, it’s all yours. That’s exactly the thing that makes you highly motivated to keep developing the store, and aim higher.
It’s not necessary to have any experience in dropshipping or ecommerce
When talking about the people who decided to go in for dropshipping, you may have noted that the majority of them had no experience in dropshipping at all. And despite this fact they successfully operate in this kind of business. The experience in IT, digital marketing, or exactly in dropshipping, certainly, will greatly assist you when running this business. Nevertheless, let me assure you that using AliDropship solution for dropshipping you can successfully launch a store and make it profitable even without a background knowledge.
No obstacles are significant enough to put your dropshipping income at risk
Life goes pretty fast, and lots of events can directly or indirectly influence your dropshipping business performance.
For example, Mousslim’s success story reveals that he has unknowingly launched his business during the Chinese New Year (the time when the majority of AliExpress sellers go on a vacation that can last for up to several weeks). Fortunately, he still managed to run his business with the maximum efficiency possible, thanks to the flexibility of dropshipping business model. With due preparation, your store will still make enough money no matter what the circumstances are: Chinese New Year, Black Friday, or your own vacation.
There is more to dropshipping business than just money
This idea is expressed very clearly in Otto’s success story: on numerous occasions, he mentions that there is a huge difference between running your own store and working for somebody. In Otto’s opinion, the fear of having to work for someone else’s benefit is the most powerful motivator to run your own venture.
As you can see, the answer to the ‘how much do dropshippers make?’ question depends on multiple factors which you, fortunately, can control and regulate by your own efforts. The best part? However much you earn in your self-owned store, it’s all yours!