location independence dropshipping to...benefits of high-ticket dropshipping. higher profit per...
TRANSCRIPT
DROPSHIPPING TOLOCATION INDEPENDENCELEWIS SMITH
ABOUT ME
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LONDON - ENGLAND
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IGNITING THE FIRE
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SELLING THE DREAM
Dropshipping to Location Independence
WHERE TO START7
THE THEORY8
SuppliersYour StoreCustomer
THE THEORY
● 1% Conversion Rate● 100 Visitors = 1 Sale● $1 Cost per Click● $100 to Make a Sale● $30 Product vs $1000+ Product
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Benefits of high-ticket dropshipping.Higher profit per sale.Less admin for higher profits.Lower conversion rate required to be successful.
APRIL 2018 - £76k ($97k)THE RESULTS 10
11March - July 2018 (£300K)
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NICHE SELECTIONCRITERIA● 10,000 Searches Per Month - Keywords Everywhere● Average Price Over $500 (Google Shopping)● Upper Middle Class Demographic● Low Brand Loyalty● Minimal Customer Service● Passion / Hobby● Enough Suppliers / MAP Pricing
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“The Riches Are In The Niches”
BUILDING THE BUSINESS14
SIGNING SUPPLIERS15
● Domestic Suppliers - Fast Shipping / Easy Returns● Find Dropshipping Competitors● Extract Suppliers
DRIVING TRAFFIC16
YOURWEBSITE
PREPARING TO SCALE17
Ep 9 & Ep 62
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Epic Privacy Browser
E-COMMERCE TOOLKIT
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SUMMARY● Find Your Why● High Ticket● It’s a Business● Building An Asset● Find a Mentor● Build & Scale● 80/20 Always Applies
CREDITSSpecial thanks to all the people who made and released these awesome resources for free:» Presentation template by SlidesCarnival» Photographs by Unsplash
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