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How long should you expect to wait before you get your first sale with your dropshipping store?
Dropshippers are normally full of enthusiasm the moment they launch their first ever store... until they realize that making a sale could take more time than what they initially expected. They launch a variety of products and run ads here and there, only to find that they are only losing money rather than making it.
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Don't fret, though, because when you get that one winning product and market it effectively, you can expect to start seeing sales within your first few days of operation. But of course, this doesn't apply to everybody, and I am here to enlighten some of those that do not fall under this category.
In this post, I am going to tell you when you should start expecting sales with your dropshipping store.
Context: Why I Chose Dropshipping
Let me first share with you a bit of my personal dropshipping story.
My first dropshipping sale was way back in January 2017, and it was within the first 20 products that I launched. I actually launched 10 products on my first go and none of them worked; I revisited my website and added another 10 products, one took off, and that actually became my first ever winning product, wherein me and my team made over $170,000 in the second month, and over $300,000 in the third. At the time, I had no idea that this could be done, let alone getting my first sale and scaling that up to that point.
Today, I am now helping my dad do this sort of thing with his own business. He's done physical work in the last 10 or 20 years as a programmer. Basically, he was doing a language that became obsolete, and so he had to make money on the go. He went to do other types of work, being a handyman, a laborer, computer repairs -- just those tasks that would physically drain the energy out of him. At one point, he got to a stage where he wanted to work online, much like what I am then and currently doing, and just live life to the fullest, all the while he is making himself some cash to spend.
So I taught him how to dropship, and fast forward to a few months, he made his first sale within his first two weeks of operation. And in terms of how many products we tested, we were on our 17th funnel before we even got that first conversion. On that day, he got four unique purchases from that specific product!
17 funnels, $5 a day per ad set, and more than two ad sets per funnel -- that's 34 ad sets and a total of $170 on ad spend per day. He went through this level of not having any sales and then bam, four people made a purchase in a single day. That's how fast everything is going to happen!
The Ideal Situation
I would say that the ideal situation is for you to be able to launch 10 products at a time, find that one winning product, scale it a little bit, and then use the money that you are going to get out of that product to invest to a product researcher who will repeat the process for you. This way, you can maintain your momentum and focus on systematizing your business.
When to Expect Your First Sale
Let's get straight to it.
There's really no right or wrong answer when it comes to our big question -- you can get your first sale on the first product that you launch, or even after your 50 products. It really just depends on what types of products you are selling, how they are able to reach your target audience, and whether or not they can solve people's modern day problems within the snap of a finger.
At the end of the day, the results are just just going to vary for everyone.
Another thing that I want to point out is that you would want to test products really fast. Why? You have expenses that, no matter how much you make with your store, are constant and will always be there, slowly eating away your budget. And if you are only testing a couple of products every day without taking into consideration these constant expenses, you are going to deplete your budget a lot faster than if you test products really fast. This is because you can do the latter and find a product that would immediately gain traction and start selling within its first few days in your store.
I feel like this is where most dropshippers fall out of the game -- they run out of money, time and energy, and start to think that this business model is not as profitable as people think it is.
Test your products aggressively, because at the end of the day, living expenses are always going to be there, and your budget WILL go down.
Now, I just want to point out that just because you already made your first sale, that doesn't mean that you're going to go the races and make lots of money, because that specific product might not be profitable when you start launching a few more ad sets.
Let's Wrap It Up!
If you are finding it hard to make your first sale with your dropshipping store, there is a good chance that you are either testing the wrong product or are not testing a lot of products at the same time. Use your energy and enthusiasm to find winning products that could potentially make you money as fast as possible.
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If you have any more questions about how to get your first sale while dropshipping, creating the most profitable dropshipping stores, dropshipping in Australia or anything regarding this video, feel free to personally contact me via the Contact Form HERE. You can also leave your comments and feedback below, and our team over at WagePirate will definitely get back to you with a response. For more reviews, news and updates, do not forget to subscribe to my YouTube channel!