Dropshipping Model 6

Dropshipping Model #6

SHOPIFY + IMPORT PRIVATE LABEL PRODUCT + OWN FULFILLMENT

• Technically, this is not dropshipping. This is one of the standard buy and sell models used by a lot of businesses. You import a product in bulk for cheap price. Then you add your own label and packaging touches to each item. You will also be the one to ship the orders. This one requires a storage or warehouse (for large inventories).
• This case study from Shopify requested for the personalized brand label etched/included in the product itself.

THINGS TO DO:

• Search a single product that sells. Use WatchCount, Google Trends, Amazon, Ebay. This is important because you will be stocking these items in your place and you need to be able to really sell them.
• Furnish up a logo or brand label.
• Find suppliers in Alibaba. Compare MOQ (minimum order quantity), store certificates, store reviews, pricing, how they respond to inquiries, and their willingness to add your logo/label into the product.
• Calculate how many items you need to sell to break even, so you can figure if it's doable or you'll lose money.
• Now that you will be selling a physical product and shipping it from your place, sort the places first where you are planning to sell. It can help lower your overhead cost if you start selling some items as soon as you can.
• Place your order to Alibaba. Shipping time can be stretched to about a month.
• For this case, the creator ordered other items to vamp and personalize the glasses. These included glass cases, microfiber cloths, stickers and tags. 
• All these before opening a Shopify store.
• When your product arrives, take professional-looking photographs for your store.
• Start setting up social media accounts.
• Networking and advertising
• Fulfilling orders and shipping

HOW TO ADVERTISE:

• Twitter
• Instagram
• Product Hunt
• Reddit
• Setting up an Affiliate Program
• Get influencers to promote your product: Twitch, YouTube, Instagram
• Facebook Retargeting Ads
• Google Product Ad Listing
• Try to get featured on a popular site

INITIAL COST:

• Shopify Account - free for first 3 months. $9/month after (Lite Account)
• Order products in bulk from Alibaba - often it's 100pcs to 200pcs minimum
• Order product accessories - depends on item price
• Facebook Ads - $20/day per campaign (since this is a test which needs quick results)

Read the whole process of creating this eCom store - http://bit.ly/1VBKHc3

• This one requires a ton of effort, because this is somewhat how a real business looks like. 
• Some popular brands of soaps, clothes, watches are in fact ordered in bulk from China or other local manufacturers. 
• The products come without labels. Often just a transparent plastic. 
• They're stored in a warehouse or garage, then labeled with a brand's logo, packaged nicely, and the marketing team will make it look more expensive than it really is. How? By sleek packaging, awesome website, great promotions, and active social media accounts.

Also, read this very insightful post from a Redditor about his experience buying from China and selling to USA - http://bit.ly/2fLhb8I

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Please comment below if you have questions, suggestions, or find this page helpful. I am not compensated in any way by these sites. Thank you.