eCommerce Dropshipping Method [$50,000 in 3m][A Step-by-Step Guide]

[heidcroes]

Title: "A Step-by-Step Guide to a Lucrative eCommerce Dropshipping Method That Generated Around $50,000 in Three Months"

Introduction: While achieving a $50,000 income in a short timeframe may seem substantial, it's essential to manage your finances wisely. I accomplished this feat in just three months, but it can disappear as quickly as it arrived. Therefore, having a solid exit plan in place is advisable. Please note that I am not affiliated with any of the products or services mentioned in this guide.

Requirements:

1. A new bank account (I recommend using a virtual bank accepted by Stripe).
2. An initial investment of $150, which covers expenses such as Google Ads, UK company registration, domain registration, and hosting.
3. A Shopify account.
4. Establishing a UK-based company.
5. Domain registration and hosting.
6. Selecting an Amazon product with numerous reviews but not from a major brand.
7. Location in Europe or the United States; if you are in another continent, you will need to use a proxy.

Risk-to-Reward Ratio: This strategy involves a relatively low level of risk because you will register a limited liability company in the UK, providing asset protection. Additionally, as it is an online business with products priced below $200 each, it is challenging for anyone to sue you successfully. The costs for them would likely exceed any potential gain. The primary issue that may arise is a chargeback, and I will explain how to address this.

Step 1: Establish a Business in the UK Setting up a business in the UK is a straightforward process that typically takes about three days. The critical consideration is finding a random residential address in the UK for business registration, which can be easily located through Google.

Follow the step-by-step instructions provided in this video:

https://youtu.be/lcC--ExZyG4?si=Xo6VqejCvTrr3U2f

 

Step 2: Create a Stripe Account for Your Business Please note that you should use your legal name and ID with your picture for both your Stripe and business registration. Stripe is the recommended payment platform for this strategy, and you can open multiple business accounts without issues.

Follow the comprehensive guide in this video:

https://youtu.be/-g3nUV_y648?si=McK42agAPabrfZX7

 

Step 3: Purchase and Host Your Domain I recommend buying your domain from Namecheap https://www.namecheap.com because of their excellent live support, making the process seamless. Hosting will be done through Shopify, as your website will be built on that platform.

Use this link to get a domain for just $1 for the first 3 months:

https://shorturl.at/iptyV

Ensure that your domain name matches the product name. For example, if you are selling a product named "Autofill" for desks, your domain could be something like autofilldesk.com, autofillUSA.com, or autofillproducts.com. Consistency enhances brand trust.

Step 4: Acquire a New Phone Number It is advisable to obtain a new phone number that you will use for all verifications. While virtual numbers are an option, you can consider using the Numero app, available on both IOS and Android.

Step 5: Find the Right Amazon Product I recommend finding a product priced between $100 and $200, as this range allows for more significant profit margins. Selling 500 units of a $100 product or 250 units of a $200 product can lead to substantial earnings. Avoid major branded products to prevent Stripe and website bans, and choose products with lots of positive reviews.

Step 6: Build a Website Approved by Google Merchant This stage is the most intricate part of the process. Follow the link below for guidance, and feel free to reach out to me on WhatsApp at +1 (725) 239-2619. I will not charge you until we start making a profit. If I handle all the processes, we will share the proceeds on a 50:50 basis. If it's solely website creation and Google approval, the sharing ratio will be 70:30 (my share).

Follow the links below for guidance (you only need the website creation part):

https://www.youtube.com/watch?v=Hfmo0IiaSpE&t=123s&ab_channel=THEECOMKING

https://www.youtube.com/watch?v=6Da36Z9gNuU&ab_channel=ShopifySuccess

Step 7: Integrate with Google Merchant and Run Google Ads This phase involves an exciting learning curve as you work to rank your ads using different strategies. Below are the links that helped me:

Creating you merchant center account

https://youtu.be/sK53D6F7hEo

https://youtu.be/MMiFRYMs-no

Connecting Google merchant to Google ads

https://youtu.be/LprLJS4yAVg

Connecting Google pixel to shopify

https://www.youtube.com/watch?v=7LbvnBbSgy8&pp=ygUjQ29ubmVjdGluZyBnb29nbGUgcGl4ZWwgdG8gc2hvcGlmeSA%3D

Optimizing Your Google Ads

https://www.youtube.com/watch?v=tiqWOmpqeOM&pp=ygUeb3B0aW1pemluZyBnb29nbGUgbWVyY2hhbnQgYWRz

Handling Chargebacks: In case of a chargeback, you have two options. First, you can ignore the chargeback and start again with a different business, as I did initially. However, after your fourth or fifth Stripe account, Stripe may block you from creating new accounts.

If you choose to fight back, the strategy involves shipping small items to the buyer's address. When a chargeback is initiated, you can use Chrome's inspect element feature to edit any of your emails to show that the client received the item and sent a confirmation email.

Good luck with your endeavors! I've decided to share this information now that Stripe has blocked my account. If you need assistance, feel free to reach out to me on WhatsApp at +1 (725) 239-2619. I won't charge you until we start making a profit. If I handle all the processes for you, we'll share the proceeds on a 50:50 basis. If it's solely website creation and Google approval, my share will be 30%.