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11 contributions to Inside Out Marketing (FREE)
BEST WAY TO FIND A WINNING TRENDING PRODUCT
Everyone wants to find a “winning product” but if you ask them what a winning product is, funny enough most people will have no idea, and this where the problem starts. ⁣ ⁣ ⁣ In order to find winning products you first need to understand what they are but don’t worry let me break it down for you. ⁣ ⁣ ⁣⁣ ⁣⁣ To put it into simple words, a winning product is a product that is in huge demand and is valued by the audience to the point where they are willing to spend their hard-earned money to buy the product.⁣⁣ ⁣⁣ ⁣⁣ ⁣⁣ Now, with millions of products out there it's hard to find good products. It's like finding a needle in a haystack and that is why most people get stuck spending days trying to find a good product but guess what, you don't have to do that. Let me tell you the only two types of products that you should be focusing on: ⁣⁣ ⁣⁣ ⁣⁣ ⁣⁣ 1. Problem-solving⁣⁣ ⁣⁣ ⁣⁣ 2. Wow Factor⁣⁣ ⁣⁣ ⁣⁣ - Problem-solving products: ⁣⁣ ⁣⁣ ⁣⁣ Products that not only solve a problem but bring value and make someone's day-to-day life easier. Problem-solving products are products that target a specific set of customers with a specific pain point or issue which makes it irresistible for the customer to not buy the product because this product will solve a problem and make their day-to-day life easier and more convenient for them.⁣⁣ ⁣⁣ ⁣⁣ ⁣⁣ - Wow factor products:⁣⁣ ⁣⁣ ⁣⁣ Wow, factor products are products that are unique and different. Wow, Factor products are different from problem-solving products, they are lifestyle purchases. These are the products that catch the eyes of the customers and due to their physical appearance, the customers get attracted to them and feel the need to buy them. These are mostly impulse buys⁣⁣ ⁣⁣ ⁣⁣ It is easier to sell problem-solving products because of the value they bring to a person and if you show that in your ad and ad copy and target the right audience you can successfully sell it. ⁣⁣ ⁣⁣ ⁣⁣ ⁣⁣ If you ask me, I recommend looking for Problem Solving Products because not only do they hold more value which makes it an easier buying decision for the potential customer but also because it provides value you can charge a premium compared to a wow factor product which only can be sold due to its uniqueness and doesn’t bring any real value to the customer. Also, problem-solving products tend to last longer and have a longer life compared to wow factor products, but if you find a trendy wow factor product at the right time then you can scale that to multi 5 figures a day real quick but it will also die quickly as the trend dies. ⁣⁣
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BEST APPS TO BOOST SHOPIFY SALES IN 2024
To boost Shopify store sales, consider these popular apps: 1. Oberlo: For dropshipping, allowing you to easily find products to sell. 2. Klaviyo: For email marketing automation, helping you send personalized emails. 3. Privy: For exit-intent pop-ups and email capture to grow your list. 4. Yotpo: For collecting and displaying product reviews and user-generated content. 5. Bold Upsell: To offer upsells and cross-sells at checkout. 6. ReferralCandy: For implementing referral programs to encourage word-of-mouth marketing. 7. Shopify's Built-in SEO Features: Optimize your store for search engines. Each app serves different functions, so choose based on your specific needs and goals! YOU CAN INBOX ME FOR ADVICE AND TIPS
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HOW TO START A DROP SHIPPING BUSINESS AS A BEGINNER
How to Start a Dropshipping Business 1. Learn About Dropshipping: - You sell products online without keeping any inventory. When someone buys from you, the product ships directly from the supplier to the customer. 2.Find a Niche: - Pick a specific area or product category that interests you and has demand. 3. Choose Suppliers: - Find reliable suppliers who can deliver products to your customers. Check their reviews and test their products if possible. 4. Set Up Your Business: - Decide on a business name and register it. - Plan your budget, including costs for setting up your website and marketing. 5. Build Your Online Store: - Choose an e-commerce platform like Shopify or WooCommerce. - Design your store, add products, and set up payment options. 6. Launch and Promote: - Test your store to make sure everything works. - Announce your store through social media and other channels. 7. Market and Manage: - Use SEO and ads to attract customers. - Provide good customer service and keep an eye on your sales and performance to make improvements. Starting a dropshipping business involves setting up an online store, finding products to sell, and promoting your store to attract customers. With careful planning and effort, you can build a successful dropshipping business. YOU CAN REACH OUT TO ME FOR MORE GUIDANCE AND ADVICE
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New comment 20d ago
0 likes • 20d
@Cenndra Saami are you into drop shipping business
HOW TO BE PROFITABLE IN DROPSHIPING IN 2024
Dropshipping can be a profitable business model, but its profitability depends on various factors, such as: 1. _Niche selection_: Choosing a profitable niche with low competition and high demand. 2. _Product selection_: Picking products with high margins, reliable suppliers, and consistent demand. 3. _Marketing strategy_: Effective marketing and advertising to reach your target audience. 4. _Pricing strategy_: Setting competitive prices while ensuring decent profit margins. 5. _Supplier reliability_: Working with trustworthy suppliers who offer quality products and timely shipping. 6. _Customer service_: Providing excellent customer service to build a positive reputation and encourage repeat business. On average, dropshipping profit margins can range from: - 10% to 20% for low-cost products - 20% to 50% for mid-range products - 50% to 100% or more for high-end products However, these margins can vary depending on your specific business and market conditions. To increase profitability in dropshipping: 1. _Optimize product listings_ for better conversion rates 2. _Use effective marketing channels_ like social media, Google Ads, or influencer marketing 3. _Monitor and adjust_ your pricing strategy regularly 4. _Improve customer service_ to reduce returns and increase repeat business 5. _Diversify products and suppliers_ to minimize risk Remember, dropshipping requires ongoing effort and optimization to achieve and maintain profitability. You can inbox me for more ideas and tips
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HOW TO PLAN DROP SHIPPING BUSINESS IN 2024
To plan a drop shipping business, follow these steps: 1. _Choose a niche_: Pick a topic for your store (e.g., fashion, electronics). 2. _Find suppliers_: Look for reliable companies to provide products. 3. _Set goals and register your business_: Define your mission, target audience, and register your business. 4. _Create an online store_: Build a website using a platform like Shopify. 5. _Plan marketing and sales_: Decide how to promote your store and sell products. 6. _Set up operations_: Organize supplier relationships, inventory, and order tracking. 7. _Launch and improve_: Open your store, monitor performance, and make adjustments. Remember, planning is ongoing. Stay flexible and adapt to changes. Think of it like starting a school project: - Choose a topic (niche) - Research and gather resources (suppliers) - Create a plan and outline (business registration and goals) - Build and design your project (online store) - Share and promote your work (marketing and sales) - Manage and track progress (operations) - Present and improve (launch and growth) You can reach out to me for more ideas and tips
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Francis Mark
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11points to level up
@francis-mark-3281
Unknown to me now 🤷🤷 A day is coming 🌌🌃🌎 Which I will never be forget🧏🙇 In the universe 💯

Active 22m ago
Joined Aug 19, 2024
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