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The Ultimate Drop Shipping Cheat Sheet

This document provides an overview of drop shipping and how to start a successful drop shipping business. It discusses what drop shipping is, how to become a drop shipper, choosing a niche or general store, picking a domain name, creating a logo and brand, why to use Shopify, finding drop shipping suppliers, finding profitable products, making money, getting website traffic, email marketing, and wrapping up. The key aspects covered are that drop shipping allows selling products without stocking inventory, starting with a general store gives more flexibility than a niche store, suppliers are often found on sites like Aliexpress, and using Shopify makes the process easier.

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JQstemp
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© © All Rights Reserved
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Download as PDF, TXT or read online on Scribd
100% found this document useful (1 vote)
2K views

The Ultimate Drop Shipping Cheat Sheet

This document provides an overview of drop shipping and how to start a successful drop shipping business. It discusses what drop shipping is, how to become a drop shipper, choosing a niche or general store, picking a domain name, creating a logo and brand, why to use Shopify, finding drop shipping suppliers, finding profitable products, making money, getting website traffic, email marketing, and wrapping up. The key aspects covered are that drop shipping allows selling products without stocking inventory, starting with a general store gives more flexibility than a niche store, suppliers are often found on sites like Aliexpress, and using Shopify makes the process easier.

Uploaded by

JQstemp
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 18

THE ULTIMATE

DROP SHIPPING
CHEAT SHEET

DREWS-REVIEW. com
Table Of Contents
1.What is Drop Shipping 1

2.Becoming a Drop Shipper 2

3.Choosing a Niche or General Store 3

4.Picking a Domain Name 3

5.Logo & Brand 4

6.Why You Should use Shopify 5

7.Drop Shipping Suppliers 6

8.Finding Profitable Products & Niche Markets 8

9.Making Money With Drop Shipping 10

So How Much Can You Make? 11

10.How to Get Visitors to Your Store 12

11. Email Marketing 13

12. Wrapping Up 14
The Ultimate Dropshipping Cheat Sheet

1.What is Drop Shipping

Drop Shipping is a business model that allows you to sell many di erent items that you
will never see or stock yourself. You will simply do research on products you want to sell,
list images of these products on your store, followed by marketing the product(s). When
someone makes a purchase you simply order the product from the vendor which then
gets sent to the customer directly.
The whole idea is that it saves you a lot of money by not having to order any items that
could end up sitting on your shelf forever. Most importantly, it allows you to test any
number of products in any niche. If the product just does not sell there is no loss to you
except for the advertising expense.
You make money by marking up the products several 100%. For example, you can easily
find items for one or $2.00 and sell them for $20.00.
When you nd a winning product, you will simply scale your ads and watch the sales come
in. Many people have gotten rich just o of one product but the idea is to rinse and repeat
for even more money.

Here is an illustration on how it works:

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The Ultimate Dropshipping Cheat Sheet

2.Becoming a Drop Shipper

Saying that anyone can become a drop shipper is not true. Sure, if anyone has the
knowledge on how to do it they can become successful, but the ones that have an
entrepreneurial spirit are the ones that survive in this business.
If you are easily discouraged by sub par results, this might not be a business for you.
There is a lot of testing involved with many di erent products before you nd a winner.
Many people quit before this happens so they are doing themselves a disservice by not
being persistent.

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The Ultimate Dropshipping Cheat Sheet

If failing a few times does not a ect you and you take that as a positive learning
experience, then there’s no reason why you cannot succeed. Rewards come to those that
persist and keep at it.
The type of drop shipping that we will focus on will be the model where you have your
own store hosted on Shopify. This is the easiest way to get started and will minimalize any
challenges that you may have. There’s a lot of good support with Shopify and it’s the most
trusted platform.
If you are looking to do any high-ticket drop shipping or try to white-label your own
products and try to dropship them, sorry but this cheat sheet won’t be focusing on that.
We will focus on getting your products directly from the manufacturer/supplier who will
do the drops shipping for you. This makes it much easier and less work for you.

3.Choosing a Niche or General Store


Long before you decide on a domain name for your store, you need to determine whether
you want to start a niche or a general store. To explain these, a niche store would be a site
all about the same topic, for example – Fishing. In this store you could sell anything from
shing lures to lifejackets. It’s laser targeted to this industry so there would be some type
of instant trust built as you’ll be seen as the expert in shing. However, you won’t be able
to grow beyond this and are limited to only selling products related to fishing.
A general store gives you the freedom to test just about any product that you can drop
ship. This is the preferred method and I will tell you why. With this model, you can test any
number of products as they come out. It’s not tied to any niche so it won’t matter if you
have a bunch of random stu on your store. People will know that you sell “cool stu ” and
will come back often to check what you’ve got.

If you really want to focus on a niche store, you can still do that model and it can become
quite pro table. However, if you are in the category of “I have no idea what to sell” then
it’s a no-brainer – you must start a general type store!

4.Picking a Domain Name

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The Ultimate Dropshipping Cheat Sheet

The domain name you choose is going to be extremely important. You need to pick
something that is catchy and easily remembered. If you’re doing a niche store on shing,
you want to have the word “fishing” in your url for obvious reasons.
For a general store, the name can be something even that you make up. One cool tool that
I use is the Domain name generator from Shopify:

https://www.shopify.ca/tools/domain-name-generator
Try it out and see what you can come up with.
Once you have your domain, I would suggest either registering it with Godaddy or
Namecheap. You can buy the domain from Shopify too, but I strongly suggest to get it
from either one of these two registrars. Make sure you get domain privacy too so your
personal information is not visible to anyone on the web. Namecheap has free private
registration and with Godaddy you have to pay – I think it’s 10 bucks a year last time I
checked.

Once you have your domain, you just have to connect it to Shopify. When you sign up for
Shopify, their support can help you connect the domain to your store. You don’t need to
purchase hosting or worry about installing any les because everything is done on their
platform. It’s easy so don’t stress!

5.Logo & Brand


I’ve seen too many stores with a really ugly and unprofessional logo design. Don’t be like
them! Take your time to create your Logo and make sure the colors on your store are
uniform. A good theme can help you choose your colors so make sure that the logo
stands out, but also “fits” well with the site colors.

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The Ultimate Dropshipping Cheat Sheet

You can get logos made cheaply from Fiverr.com or you can hire someone from
Upwork.com. Pick out a few existing samples of logos that you like and would work well
with your site as far as the look. Send these to your graphic artist to draw inspiration from.
Having a professional logo that stands out and looks good will also help with your brand
and build trust. Don’t skimp on this step trust me!

6.Why You Should use Shopify


There are many di erent ways to host your store online. Besides Shopify there are other
platforms like Magento, WooCommerce, Weebly, Volusion, etc. The reason why I like
Shopify is because it is the easiest to use and there are many options to add
customizations.

The support is also excellent and as a beginner the last thing you want is tried to gure
out how to properly set up your store. You want to have a solution that works and is easy
to manage so you can focus on the one thing that matters – making money!
There’s also a lot of apps available for you to use to customize your store. Premium
themes have also been developed to be used on the Shopify platform. It’s highly
suggested that you get a premium theme to avoid having to pay monthly fees for apps.
Shopify plans start at $29 a month. This includes hosting, unlimited products on your
store, 24/7 support, a free SSL certi cate (extremely important) abandoned cart recovery
and more.

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The Ultimate Dropshipping Cheat Sheet

There are other options but to start, you just need the basic plan.

7.Drop Shipping Suppliers


Choosing the right supplier is a critical step that you will need to take. There are a few
factors that you need to take into consideration when you’re trying to nd a drop shipping
supplier.
If you already know what products you want to sell you need to ensure that your supplier
is going to be providing you with the high level of service that you expect. Your business
relies on this so you need to be sure to select the proper supplier to do your drop
shipping.

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The Ultimate Dropshipping Cheat Sheet

Because our focus is on low cost items you’re going to nd these suppliers mostly in
China. If you’re dealing with higher cost items than generally these will be local to you.
With print on demand items such as T shirts and mugs you’ll be able to nd a supplier
that’s local to you as well. These are mostly found in the USA.
For the unique and inexpensive items you’re going to focus on drop-shippers from China
and you may well be aware of the site – Aliexpress.com. This is the preferred site for many
people in the drop shipping business because of the sheer amount of products that are
available. What’s great about this site is that the same product can be found from many
different suppliers.

If you know which product you want to sell you will be able to look at each individual
supplier to see which one o ers the best deal. It’s very important that you don’t choose
based on price. You may nd an item that could be 10¢ cheaper but if the drop-shipper is
new and doesn’t have any reviews or data, this could be a risk because some of these
drop-shippers end up disappearing after a while. So in essence you will need to nd a
drop-shipper that has been in business for a few years and has many positive reviews.
This will enable you to get hassle free service and ensure that your customers receive
their goods without issue.
You should also contact your supplier before listing the product on your store. When you
talk to them you’ll be able to ask some questions about the service they provide. When
you build a relationship with your supplier this will make it easy for you to get questions
or disputes solved much quicker.

Another suggestion which isn’t always necessary but you could order a sample of the
product from the supplier just to ensure the quality of the item. You’ll be able to see how
they package the item so you know exactly how your customer will then receive it is well.
This way you can correct any issues that you might see before starting to sell it on your
store. Most of the time though this is not necessary but it certainly an option. A well
known drop-shipper/supplier understands the needs of store owners because they have
built relationships with others as well.

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The Ultimate Dropshipping Cheat Sheet

Suppliers to avoid
You want to ensure you avoid any suppliers that are either new, have bad reviews,
negative feedback and ones that expect a monthly fee to do business with them. This is
bad for business and is not in normal practice so what you should avoid this at all costs. A
good supplier will never charge you a monthly fee to do business with them.
Minimum order
You must also contact the supplier to ensure that there is no minimum order. Most of
your sales will be single sales only so you need to make sure that your supplier will have
no issues with sending out single items to your customers.

Besides Ali express you can also nd drop-shippers using a tool called SaleHoo. I did a
review on this tool as well but you can check out here. If you’re just starting out I would
seriously just focus on getting your products from Aliexpress.

8.Finding Profitable Products & Niche Markets


There are a few different ways that I like to find products and niche markets. First up is the
lazy way. Here, you will simply go on to Aiexpress.com and look through all the products
selling. If you are in a niche market they should be easy for you. You will want to see the
total amount of orders which is displayed in the product description. If you see an item
that has a lot of sales it could be something to consider.
Another way to nd products with the lazy method is to click on the top selling items. Here
you’ll see what items are selling the most and can use this to start your research. You can
also focus on products similar to the top Sellers as these could be either complimentary
items you sell along with that item or focus on that new item entirely.
Facebook Feed
One hack that I like doing is to type in phrases like “50% o ”, “free shipping” and the
Facebook search box. You’ll then click the video tab, select the current year and search
videos from the last three months.
You will then be able to see all the ads for the latest rap shipping products. Take a look at
all the comments, views and shares and focus on the ones with the highest engagement.
These could be items that you could consider. This may also give you ideas for a niche
market that you can expand on.

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The Ultimate Dropshipping Cheat Sheet

Instagram
In uencer marketing is huge these days and one of the ways to nd winning products is
to see what Instagram in uencers are posting. You will need to do some research here to
nd in uencers and the best way to know if they will do posts for your products is to
simply just contact them or see what they are posting. Doesn’t look like an advertisement
for a product that someone else will be marketing? A lot of these in uencer will put up an
image for 24 HRS with a link in the description in their pro le. You’ll need to nd this quick
because most likely will be taken down after the 24 hour period has elapsed.
Spy on other stores
Finding products on existing stores that get a lot of tra c is a great strategy for the simple
reason that the stores are not going to waste their tra c on products that don’t sell. The
logic is simple. If the store has a lot of tra c and you see a product that has been on there
for awhile chances are it is doing well. The stores have big budgets to do a lot of testing so
if a product is selling its going to remain on the store until it fizzles out.
Keep in mind not all of these products will be doing well as some could be in a testing
phase. Chances are the products on the rst page are doing good so you should focus on
these. You will need to do more research on each individual product so just use the
strategy as a guideline.

To find the stores simply follow the directions below:

By following the above steps you’ll be able to nd many stores on the Shopify platform.
You’ll be able to see what other stores are selling and either get inspiration or nd your
next winning product from that list.
Google Trends
With Google Trends you’ll be able to determine the popularity of a product. You’ll be able
to see if a product is starting to tank in popularity or if it is trending up. If you can nd a
product that is starting to trend up in a viral way then you could possibly make a fortune
with this.

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The Ultimate Dropshipping Cheat Sheet

Check out my article I wrote on my blog regarding Google Trends using the Fidget Spinner
e x a m p l e . https://drews-review.com/how-to-find-trending-products-to-sell-online-
ecommerce-dropshipping/

The above blog post will also give you some other ideas that you can use to nd products.
Sequoia I click the link and check it out.

9.Making Money With Drop Shipping


The money you make in drop shipping is fully dependent on how much e ort you put into
it. I am sure you have seen on Youtube a lot of the so called guru’s with their fancy cars
and homes boasting how much money they make. While this can be true there’s a lot of
scammers out there who make you believe that if you buy into whatever they are selling
that you’ll become rich like them.
They will make it seem that it’s easy to make money in this business but the truth of the
matter is many people do fail. The reason for this failure is that they expect instant results
and when it doesn’t happen they quit.
Persistence is key in this business so if you are one to give up easily it probably isn’t for
you. I’m not saying that your rst product won’t be a hit as it could happen, you’ll just need
to understand that it could take many more products to test before you nd that winner
that you can start scaling to make some serious money.

Most of your money will come from a few of your winning products. You may only even
have one product that is absolutely killing it which is OK but you should always be testing
other products. The more winning products you have the more money you make. With
the success of your winning products you’ll build up your brand name which in turn will
help you sell other products on your store.

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The Ultimate Dropshipping Cheat Sheet

Aside from doing paid advertising on either Facebook or Google Ads, email marketing is a
strategy that you also should employ to make even more money. With email marketing
you will build up a fan base whereby simply sending out a single e-mail you could
potentially make thousands of dollars. This doesn’t cost you anything to do accept for the
monthly fee of your auto responder which is minimal.
The products you choose also needs to have a good enough markup to cover the costs of
your advertising and other fees. If you price too low you can either be in the red or break
even. You’ll want to make sure that it’s priced right and you can get a lot of information
from your competitors. See what they are pricing the same item at and adjust your is
accordingly. You don’t need to undercut them by charging less, in fact you could even
charge slightly more for the item by providing a lot more bene ts and information about
the product.

Saving money also helps and one of the ways to reduce your monthly fees is by getting rid
of your paid apps and get a premium theme which includes all these apps. The premium
theme does require a bit of investment upfront but pays for itself in the long run. There
are two reasons for this. The rst is that your conversions will be greater simply because
these teams are built for conversions and second, you’re not paying for apps anymore.
Also, since the apps are integrated into the theme, your site will be faster due to coding.
The more apps you have the slower your site will become. It’s important to have a fast site
as this is a conversion factor. People simply do not stick around for site that takes more
than 3 seconds to load.
Check out my blog post on premium themes to see which one is right for you.
https://drews-review.com/best-themes-for-dropshipping-shopify/
A lot of the money making and drop shipping comes from two things. First you need the
proper mindset with a “never give up” attitude. Second, you need to know what you’re
actually doing. A lot of people get into this business without proper training and start
spending money without seeing any results. The free training you nd online whether it’s
from a Google search or a Youtube video might help but this information could be
outdated and is a strategy that no longer works.

So How Much Can You Make?

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The Ultimate Dropshipping Cheat Sheet

Potentially, you could make six gures in a month with drop shipping. Finding a winning
product or two can make all the di erence. Keep in mind that pro t is usually 20-30% in
drop shipping so when you hear people doing six gures a month it’s not all pro t. Hell,
20-30% of six figures is still good money and a hell of a lot more than any job will pay you.

10.How to Get Visitors to Your Store


So your store is online, you’ve got a few products up there and now all you need is the
tra c. The most common method to attract visitors to your store is through Facebook
paid advertising. Many drop shippers focus on this method only and for good reason. The
type of marketing you will be doing for your products on Facebook is targeted tra c to
people that may be interested in your product.
Facebook Ads

Facebookhas so much data on their users that you can use that data to nd people that
might be interested in your product. For example, if you are selling a cat toy, you could set
your campaign up to target people that are cat owners. This will ensure that your ad is
only seen by people that actually own a cat. The same theory would apply to any product
you sell. You can target interests as well, for example if you want to sell a golf product,
you’d target people that are interested in golf.
Retargeting Ads

An even more e ective way to get people to buy from you is to do retargeting. When
someone visits your store, they will see your ad again on a di erent webpage when they
click o from your site. This does two things. First, it reminds them again of the product
you are o ering and could convince them to return and buy and two, it builds brand
awareness. When people are more familiar with your brand, they will trust you more and
a purchase is more likely than if they have never heard of you.
Google Ads

A lot of drop shippers are starting to use Google Shopping Ads either in tandem with
Facebook Ads or separately.

Google Ads overall can be a bit more expensive than Facebook but the di erence is you
get much better quality traffic.
What’s di erent about Google Ads is that when people are searching for an item in
Google, you’ll end up seeing your ad with an image on the page. Also new is when people
search for related items in Youtube, the ads will also appear just below the video where
you can scroll through various related products.

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The Ultimate Dropshipping Cheat Sheet

This relevance is very powerful because people are already search for the item that you
will gear your ads towards. So the main di erence here is that in Facebook you will be
targeting people with interests that match your product, in Google Ads you’re targeting
people that are actually looking for your product. For example, if you are selling a PacMan
night light, when people search for “Pacman Night Light” or “best Pacman Night Light”
your ad will come up. The targeting is much more specific and they are ready to buy.

When someone clicks on your ad in Google, you can even retarget them in Facebook after.
At some point they will most likely buy from you especially if you are retargeting.
At the end of the day, you really should not just focus on one form of tra c. Having tra c
coming from a variety of sources will be your best bet to get more conversions and to help
you build your brand.

11. Email Marketing


Most people that start a dropshipping store never bother setting up an email campaign.
It’s not super important to start one right away, but when you start getting tra c to your
store, do not ignore this strategy!

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The Ultimate Dropshipping Cheat Sheet

When you send out an email to your subscribers, you are essentially “printing money.” The
best part there is no cost to you except for the monthly fee of the autoresponder which is
free if it’s Mailchimp or $15 to start with GetResponse. Every time you send an email to
your list it’s very likely you will have some purchases and the bigger your list, the more
money you can make.
Keep in mind you have to be crafty with your emails and ensure that it is targeted. If you
have a niche store this is easy, but with a general store it’s a little more di cult. There are
ways though that you can get around this so that you’ll be able to still capture interest
with your reader with your products.
With a general type store, you can “segment” your lists so that your emails will be more
targeted.

You can segment them with these types:


1.A general list
2.A list of people that have made a purchase
3.A list of people that have abandoned cart

To give you an idea of how this would work, let’s take the Abandoned Cart example.
Someone comes to your store, enters there information (including email) and for
whatever reason decides to abandon cart.
Your email software will then automatically send them an email (after a speci ed time
prede ned by you) reminding them to make the purchase. You can even send an email
with a discount code to entice them more. If they still don’t purchase, you can send more
emails with possibly a related product or more information on that product.
If they make a purchase, the software will detect this and market them even more with
related products. As you can see, the potential here to make even more money with email
marketing is HUGE and should not be avoided.

12. Wrapping Up

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The Ultimate Dropshipping Cheat Sheet

The information I provided in this Cheat Sheet should help you get your store up and
running. What I’ve given you are the basic steps that you need to take to get started.
If you want to put yourself in the best position to succeed, you really should get yourself a
good course that can teach you everything in between the steps I gave you and even
more.
You’re starting a business without having to hire sta , open a brick and mortar store or
even hold inventory. Take my advice and get even more guidance from a comprehensive
course that goes into so much more detail. You want to put yourself in the best possible
position to succeed.

Fortunately, I have some suggestions for you on a great course. You’ll be surprised how
little you have to spend too.
I highly encourage you to checkout my blog post on my top recommended drop shipping
courses below. Pick one that suits you the most. Apply the training and execute. To
succeed in this business you have to stay positive and learn from failures. Results will
come to those that persist!
https://drews-review.com/best-dropshipping-course/

Page 15
THANK YOU
I Welcome Your Feedback
feel free to get in touch with me for any
feedback or questions

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