I created a step by step guide on how to build a $100k a month dropshipping store.
Included:
- Free Course
- 54 page Blueprint
- Google Ads Blueprint
Worth $1000s. Want it for free?
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PSA: 🚨 YOU DON'T NEED EXPENSIVE SPY TOOLS TO SCALE TO $1,000,000+ MONTHS ON SHOPIFY!
If you have 1 DOLLAR to spend PER MONTH, you can generate over $1million dollars with this research strategy... Let me Explain⤵️
Keywords Everywhere ($1.25 per month): Keywords everywhere is hands down the best spy tool I use & it only costs $15 to use it yearly. Here is how to use this tool & other free tools to find 7 figure products
1. Start with keyword research: Type in the name of the product you want to sell & analyze the monthly search volume using the keywords everywhere chrome extension. I personally target products which generate over 50k searches per month, even if facebook can do majority of the heavy lifting it is important to have enough search volume to run shopping ads & performance max campaigns on google ads to maximize profitability & gain proof of concept.
2. Analyze Trend Data: Sell products which are increasing in demand. If you are a beginner, you can start by selling trending or seasonal products to stack cash ($10k-100k+)
Once you have enough capital saved up, you want to focus on longer term products which are increasing in demand over the years with potential growth opportunities in the upcoming years. You can analyze trend data using keywords everywhere Chrome Extension (Image Below)
3. Analyze Competitors Search Volume: Research competitors via google shopping & search for their brand name on Google. If you see the keyword search volume increasing for a specific brand, that means they are scaling!
SimilarWeb ($0 Per Month): After you have found a promising product with High search Volume, Increasing in demand, with Verification competitors are scaling, utilize keywords everywhere to verify your competitors website traffic.
Validate Website Traffic: For competitor websites, if there is not enough website visitors per month, similarweb will not show any data with the chrome extension. This would be a red flag... A green flag would be if the website visitors are above 100k per month & another green flag would be if the website visitors are increasing month over month
Analyze Traffic Sources: Similarweb will show a breakdown of your competitors traffic sources so you can analyze what % of your competitors budget is being allocated towards, FB (social), Google, Display, Email Marketing, Refferals & more... This will allow you to understand the competitors marketing strategy
Analyze The Most popular Countries: Similarweb will show the highest spending countries so you can get an idea of which countries to target on your advertisements. BONUS POINTS: If you have experience in the EU markets & see a competitor scaling hard ONLY in USA, you can tap into these markets to achieve lower CPAs than your competitors by finding a "gap in the market". A "gap in the market" is simply an unserved pool of customers which typically leads to lower advertising costs.
Facebook Ads Library (Free): If you are a Facebook first advertiser, or even if you are starting on google, the facebook ads library is a gold mine to understand how your competitors are marketing & how aggressively they are scaling.
# of Active Ads: Start by analyzing the # of active ads from your competitors. A great sign is if you see 50-200 active ads in your competitors ads library. The reason being, most advertisers will start with only 10 adsets when testing a products with a maximum of 3 creatives. If you see 50-200+ Ads in your competitors ads library you will know they are likely scaling the brand & have exited the testing phase
Angle Research: Before developing your marketing strategy, analyze the top performing angles by your competitors & do deep research to understand how they are marketing to their customers. You can see the # of active ads per creative & this will give you a short cut on which angles to focus on.
Remember, The competitor who understands the customer the most will win the game of paid advertising. Build a customer avatar by utilizing the learning experiences inside of the facebook ads library so you can get an idea of who you will be advertising & speaking to in your copywriting...
FINAL THOUGHTS: Product research is one of my biggest strengths in e-commerce & this above process which I revealed today is 100% proven to find products which can scale beyond $1million dollars per month.
Your favorite influencers here on twitter and youtube are misleading you, telling you to break the bank & pay hundreds of dollars per month for useless garbage...
I have been offered affiliate deals from expensive spy tools to sell to my audience, yet I have NEVER posted any affiliate link, I do not sell any course or paid group...
If you appreciated me sharing this today for free, please give it a retweet, like comment & engage so more people can be aware of how easy it is to find profitable products which scale beyond millions of dollars
Enjoy!🍻 - Ryan