Shopify Dropshipping Facebook Ads #1

Updated: 20 September, 2018 seen 444

It was around the end of August 2018, when I made a spontaneous decision, bought a domain name and opened Shopify 14 day trial account. 

I was watching some random YouTube video from Alux channel, something about millionaires when a soft and lovely women's voice named some top 10 things to become a millionaire, covering basics like stock investments (check), crypto investments (check), affiliate marketing (check)... and suddenly she mentions dropshipping. Hammer. 

It's not that I would be completely unfamiliar with the idea of the dropshipping business model. In fact, about a year ago I was thinking about Amazon FBA (Fulfillment by Amazon), but was guessing I would need at least $5,000 to start with and it kind of involves risk - like finding a product that you can actually sell. 

Now, huge was my surprise when I discovered Shopify and it's apps, the one you should really pay attention if you are considering a career in dropshipping is Oberlo app. 

I was reading some case studies, the one that inspired me the most is this one: How I Built a Dropshipping Store That Made $6,667 in Under 8 Weeks

I did find some obstacles, before actually launching my first Shopify dropshipping store - it took me about 3 weeks to open an account with 2checkout.com to process credit card data. Once I was confirmed I find the other obstacles, this time in my head - either start with a general store or a niche store. I thought about going with a niche store about watches (I just wanted to copy paste the strategy mentioned in the above link), but after messing with Instagram and trying to figure it out, how influencer thing works there, I decided to go with a general store and Facebook Ads instead

In fact, I have been running Facebook ads for years, with good results in the past, so it seemed like a logical move.

I don't follow many users on YouTube, but after watching a couple of videos from Indian dropshipper / youtuber Ritoban I subscribed to his channel Flying Start Online and started to apply some of his mentioned strategies for running Facebook ads.

So far I have spent $35 on Facebook ads, got 0 purchases, and found that it's OK to spend at least $5 per day to test product ideas and figure out ideal target audience to find the best selling items. It's hard to tell whee this journey will take me, but for now, it seems a great area to explore more.

about

Hi! My name is Reinis Fischer (38), a proud dad and devoted husband. CEO and Founder of Terramatris crypto hedge fund, drone enthusiast, world traveler, photographer, and passionate lover of Georgian cuisine (vegetarian).

An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.