FREQUENTLY ASKED QUESTIONS

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http://thebusinessbuilders.com/getstarted/

We let our customers speak for us!

Short Answer: You don’t touch products, you make sales and then pay for the product keeping the profit you have made

Full Explanation:

High-ticket local drop-shipping refers to a business model where an entrepreneur partners with local suppliers or manufacturers to sell high-value products to customers without physically handling inventory. The process typically involves the following steps:

 

Identifying Local Suppliers: The first step is to research and identify local suppliers or manufacturers who offer high-value products that are in demand. These products are often more expensive than typical drop-shipped items.

 

Negotiating Partnerships: Once potential suppliers are identified, you establish partnerships with them. This involves negotiating agreements that allow you to sell their products online without purchasing inventory upfront.

 

Building an Online Presence: Create an e-commerce website or online store where you can showcase and sell the products. The website should have a professional design, high-quality product images, detailed descriptions, and a secure payment system.

 

Marketing and Customer Acquisition: Implement marketing strategies to attract potential customers. This can include search engine optimization (SEO), social media marketing, content marketing, paid advertising, and other promotional tactics. The goal is to drive traffic to your website and generate leads.

 

Product Listings and Sales: Once customers visit your website and show interest in a particular product, they place an order and make a purchase. You then forward the order and customer details to the local supplier or manufacturer who handles the fulfillment process, including packaging and shipping the product directly to the customer.

 

Customer Service and Support: Provide excellent customer service by promptly addressing inquiries, concerns, or issues. Act as a liaison between the customer and the supplier, ensuring a smooth buying experience.

 

Profit Margin: High-ticket local drop-shipping focuses on selling higher-priced items, which means potentially higher profit margins per sale. However, it’s essential to consider factors like marketing costs, supplier pricing, and operational expenses to ensure profitability.

 

Advantages of high-ticket local drop-shipping include the potential for higher profits per sale, the ability to build relationships with local suppliers, and the opportunity to cater to a specific market or niche. However, challenges may arise with supplier relationships, managing customer expectations, and establishing a reliable marketing strategy to attract high-value customers.

 

It’s important to conduct thorough research, develop strong relationships with local suppliers, and invest in effective marketing strategies to make high-ticket local drop-shipping a successful venture.

Answer:

High ticket local dropshipping offers certain advantages over Amazon FBA and affiliate marketing. Here are some reasons why some people may prefer high ticket local dropshipping:

 

Higher profit margins: High ticket products generally have higher profit margins compared to lower-priced products typically associated with Amazon FBA or affiliate marketing. Selling high ticket items allows you to potentially earn more per sale, resulting in increased profitability.

 

Lower competition: High ticket local dropshipping often targets specific local markets or niches, which can have lower competition compared to the broader reach of Amazon FBA or affiliate marketing. This can provide an opportunity to carve out a unique position and capture a more focused customer base.

 

Greater control and branding opportunities: With high ticket local dropshipping, you have more control over the branding and customer experience. You can establish your own brand identity, create a personalized customer journey, and build direct relationships with your customers. This level of control can contribute to brand loyalty and repeat business.

 

Flexibility in product selection: High ticket local dropshipping allows you to select from a wide range of products in various industries, such as furniture, electronics, or luxury goods. This flexibility gives you the opportunity to align your business with your interests or market trends and adapt to changing customer preferences.

 

Local market focus: Unlike Amazon FBA or affiliate marketing, high ticket local dropshipping targets specific local markets. This can enable you to tap into the preferences and needs of local customers, tailor your marketing strategies accordingly, and establish a stronger presence within your community.

 

It’s important to consider that each business model has its own set of advantages and challenges. What works best for you depends on your goals, resources, and preferences. Conduct thorough market research, evaluate your capabilities, and choose the business model that aligns with your long-term vision and expertise.

Answer:

Choosing our agency over others, provides several distinct advantages:

Alex Harmozi once said, “The most expensive mistake you’ll ever make is not knowing.”

When you work with us, you’re not just working with an agency that has been selling businesses we have no idea about. You’re buying from and partnering with a 7-figure ecommerce owner who has a deep understanding of what it takes to succeed in this industry. Our experience and expertise ensure that you will not only know what it takes to reach 100k+ per month in revenue but also have the guidance and support to get there in the shortest time possible.

Here’s what else sets us apart:

Comprehensive Support: With our program, you’ll receive a range of valuable resources and support to help you succeed. This includes 12 months of Google Ads management, ensuring your advertising campaigns are optimized for maximum performance and results. Additionally, you’ll have access to 12 months of coaching to guide you through every step of the process. We provide a turnkey business solution that sets you up for success and offers a clear roadmap to reach 100k per month in revenue within 12 months.

Personalized Attention: Our agency focuses on providing personalized attention and tailored solutions. We understand that every business is unique, and we work closely with you to understand your specific goals, challenges, and aspirations. This allows us to customize our strategies and support to meet your individual needs, increasing your chances of success.

Proven Track Record: We have a track record of helping numerous clients build successful businesses and achieve impressive results. Our testimonials and success stories speak to the effectiveness of our approach and the tangible outcomes we deliver. You can trust that our agency has the expertise, resources, and commitment to help you build a profitable business.

By choosing our agency, you’re gaining access to a wealth of knowledge, ongoing support, and a proven system for success.

We are dedicated to helping you achieve your goals and realize your entrepreneurial dreams. With our guidance, you’ll not only know what it takes to succeed in the ecommerce industry but also have the clarity and direction to reach 100k+ per month in revenue in the shortest time possible. Don’t miss out on this opportunity to work with an experienced ecommerce owner who can equip you with the knowledge and strategies you need to thrive. Contact us today to learn more about how we can support you on your journey to success.

Answer:

 

Running an online business involves managing various aspects on a daily, weekly, and scattered basis. Here’s a breakdown of what a day in the life might look like, considering the five major areas you mentioned:

 

Financial Management (Weekly):

  • Reviewing and analysing sales data, expenses, and profitability.

  • Updating financial records and reconciling accounts.

  • Paying bills, invoices, and managing cash flow.

  • Planning and setting budgets for marketing and other expenses.

  • Exploring opportunities for cost savings or revenue generation.

     

Order Management (Daily):

  • Processing and fulfilling customer orders promptly.

  • Coordinating with suppliers or drop shipping partners to ensure timely product delivery.

  • Monitoring inventory levels and restocking as needed.

  • Managing order tracking and providing updates to customers.

  • Resolving any order-related issues or discrepancies.

     

Customer Service (Scattered):

  • Responding to customer inquiries and resolving issues promptly.

  • Providing assistance and guidance on product selection, sizing, or technical questions.

  • Handling returns, exchanges, and refunds.

  • Maintaining a professional and positive tone in all customer interactions.

  • Monitoring and responding to customer reviews or feedback.

     

Growing the Business (Daily):

  • Researching and identifying potential new suppliers or partners.

  • Negotiating terms and agreements with suppliers.

  • Developing and implementing marketing strategies to attract new customers.

  • Improving the website, optimising its design, layout, and user experience.

  • Google Advertising

 

 

It’s important to note that the exact daily routine and time allocation for each area may vary based on the size of the business, the specific industry, and personal preferences. Prioritising tasks, delegating responsibilities (if applicable), and maintaining a proactive approach are key to effectively manage and grow an online business.

 

Also, you don’t need to know everything. We will help you with comprehensive how TOS and instructional videos so you can learn as you go + you don’t need ANY prior experience to get started.

Answer:

Have a look at the below LOOM video which shows you inside of our google ads account and an overview of what we do/provide.

https://www.loom.com/share/bdf036d3b9c44b01b01cced9829bf405

In our program, we limit the creation of businesses in the same industry to only 1-2 instances. This ensures exclusivity and prevents oversaturation within a specific market or niche. By maintaining a low number of businesses in the same industry, we aim to provide our clients with unique opportunities and minimize competition among businesses created through our program. Our focus is on helping each individual business succeed and thrive within its specific industry.

Short Answer: Use Skype it’s under $100 per month and useable on your phone.

Full Explanation:

To set up a phone number for your online business, you have several options available. Here are a few common methods:

 

  • Traditional Landline: You can contact a local telephone service provider and inquire about obtaining a business landline phone number. This option typically involves a monthly fee and may require additional hardware, such as a desk phone.

     

  • Virtual Phone Number: A virtual phone number operates over the internet rather than traditional phone lines. Many service providers offer virtual phone numbers specifically designed for businesses. You can choose a local number or toll-free number, and calls can be routed to your existing phone or a dedicated app on your mobile device or computer.

     

  • VoIP (Voice over Internet Protocol): VoIP services allow you to make and receive calls using an internet connection. Providers like Google Voice, Skype, or RingCentral offer business VoIP solutions that include features such as call forwarding, voicemail, call recording, and more.

     

  • Mobile Phone: You can use your existing mobile phone number for business purposes. However, it’s recommended to set up a separate business phone number to maintain professionalism and separate personal and business calls.

     

    Considerations:

  • Decide whether you prefer a local number or a toll-free number. A toll-free number (e.g., 1-800) can make it easier for customers to contact you.

  • Evaluate the features and pricing of different service providers. Look for features like call forwarding, voicemail, call recording, auto-attendant, and the ability to scale as your business grows.

  • Ensure that the phone number you choose is easy to remember and reflects your business or brand.

  • If you plan to handle a high volume of customer calls, consider a service provider that offers additional features like call routing, call analytics, and call center capabilities.

 

 

Remember to check the specific regulations and requirements of your country or region regarding business phone numbers. It’s also important to clearly display your business phone number on your website and other communication channels to make it easy for customers to reach you.

Short Answer: Under 120 Days

Full Explanation:

Normally it’ll take under 120 days to start getting sales and become profitable. If you follow our roadmap, consulting and instructions we generally see on average purchasers leaving their day job in under 12 months and only working 4 hours a day on the business.

Short Answer: 15 Days Or Less

Full Explanation:

Once you’ve purchased the business, it’ll normally take under 15 days to get the keys to the business and kick start your journey!

Short Answer: 20%-50%

Full Explanation:

The profit margins for a high-ticket local drop-shipping business can vary depending on several factors, including the specific industry, product category, supplier agreements, and market conditions. While it’s challenging to provide an exact average profit margin, high-ticket items generally offer the potential for higher profit margins compared to low-cost products typically associated with traditional drop-shipping models.

 

In high-ticket local drop-shipping, profit margins are influenced by the following factors:

 

Supplier Pricing: The price at which you can source products from local suppliers significantly impacts profit margins. Negotiating favorable pricing terms with suppliers is crucial to maximize your potential profit.

 

Marketing and Advertising Costs: Marketing expenses play a role in determining profit margins. High-ticket products often require targeted marketing efforts, which can involve higher advertising costs. It’s essential to allocate an appropriate budget and optimize marketing campaigns to achieve a positive return on investment.

 

Operational Expenses: Various operational costs, such as website maintenance, customer service, and order fulfillment, affect profit margins. Managing these expenses efficiently is important to maintain healthy profit margins.

 

Competition: The level of competition in your niche or industry can impact profit margins. If the market is saturated or highly competitive, it may affect the pricing and overall profitability of your business.

 

While profit margins can vary, it’s not uncommon for high-ticket local drop-shipping businesses to aim for profit margins in the range of 20% to 50% or even higher on certain products. However, it’s important to keep in mind that these figures are approximate and can vary depending on the specific circumstances of your business.

 

To determine the expected profit margins for your high-ticket local drop-shipping business, it’s crucial to conduct thorough market research, analyze supplier pricing, estimate marketing and operational expenses, and factor in any other relevant costs associated with your specific business model.

The way we provide a guarantee of reaching $10,000 per month in revenue for your business is in several factors:

 

Targeting Billion-Dollar Industries: We focus on industries with high market demand, such as furniture, gaming, camping, beauty, and more. These industries have a large customer base, which increases the potential for sales and revenue.

 

High Search Volume: Our businesses benefit from significant search traffic, with over 10,000+ monthly searches on Google for the products we offer. This indicates a strong level of interest and potential demand from customers.

 

Non-Seasonal Products: Unlike seasonal products that have fluctuations in demand, the products we offer are non-seasonal. This means customers are likely to make purchases throughout the year, providing a more consistent revenue stream.

 

Extensive Experience and Internal Data: With over 5 years of experience in growing and building businesses, we have accumulated valuable internal data and insights. This knowledge allows us to design effective websites, create persuasive product pages, and implement strategies that drive sales.

 

While these factors increase the potential for success, individual results may vary depending on various factors such as marketing strategies, product selection, competition, and overall business execution. We provide guidance, coaching, and a proven roadmap based on our experience, but the ultimate success of the business depends on your efforts, adaptability, and market conditions.

 

It’s important to approach the business with dedication, a willingness to learn, and the ability to adapt to changes and challenges that may arise. Continuous improvement, effective marketing strategies, and providing excellent customer experiences are key factors in achieving success in the high-ticket dropshipping industry.

Short Answer: If you hire a VA for $500 per month, it’ll be something they will do. Before then, it’s your tasks to complete and doing 20k per month requires 1 hour of work

Full Explanation:

The level of automation in high-ticket dropshipping can vary based on your specific business setup and preferences. Here are two common approaches:

 

Automated Supplier Integration: Some high-ticket dropshipping businesses utilize systems or platforms that allow for automated integration with suppliers. This integration enables streamlined order processing, inventory management, and shipping notifications. When a customer places an order on your website, the order details are automatically forwarded to the supplier, who then handles fulfillment and shipping directly to the customer. This automation minimizes the need for manual intervention in the order fulfillment process.

 

Virtual Assistant (VA) Support: In other cases, businesses may choose to employ virtual assistants or remote teams to handle various aspects of the business, including order management and communication with suppliers. A VA can assist in coordinating with suppliers, updating inventory levels, managing order tracking, and handling any necessary customer service inquiries or issues. While this approach involves some manual involvement, it allows for more personalized attention and control over the process.

 

Ultimately, the choice between automation and virtual assistant support depends on factors such as the scale of your business, available resources, your desired level of control, and the complexity of your supplier relationships. Some businesses may prefer a fully automated approach to streamline operations and reduce manual tasks, while others may opt for a hybrid model that combines automation with human assistance for a more hands-on approach.

 

It’s worth noting that regardless of the level of automation, regular monitoring and oversight are essential to ensure smooth order processing, timely communication with suppliers, and exceptional customer service.

 

When setting up your high-ticket dropshipping business, consider the available technologies and platforms that can automate various aspects of the process, as well as the potential benefits of having virtual assistants or a dedicated team to provide personalized support and manage the intricacies of your supplier relationships.

Short Answer: Yes.

Full Explanation:

You do. They’re called retail agreements and you enter them once you agree to sell them. They have majority of the control but they’re well and truly interested in your success as they depend on you to make sales.

Short Answer: Mostly the supplier will take care of shipping, returns and some customer service.

Full Explanation:

In a high-ticket dropshipping business, the specific responsibilities for shipping, returns, and customer service can vary depending on the agreements and arrangements you have with your suppliers. Here are two common scenarios:

 

Supplier Handles Shipping, Returns, and Customer Service: Some suppliers in high-ticket dropshipping are willing to handle the shipping and fulfillment process directly. This means that when a customer places an order on your website, the supplier is responsible for packaging, shipping, and delivery. They may also handle returns and manage customer service inquiries related to their products. This arrangement allows you to focus on marketing, sales, and driving traffic to your website while leveraging the supplier’s expertise in logistics and customer support.

 

Business Handles Shipping, Returns, and Customer Service: In other cases, you may be responsible for managing shipping, returns, and customer service yourself. This typically happens when suppliers do not offer these services or when you prefer to have more control over the customer experience. In this scenario, you will need to coordinate with your suppliers to ensure timely product delivery, manage returns or exchanges, and handle any customer inquiries or issues that arise. This approach requires additional attention to logistics, customer support systems, and efficient communication with your suppliers.

 

It’s important to establish clear agreements with your suppliers regarding these responsibilities before entering into a partnership. The agreements should outline the specific roles and expectations for each party. Whether the supplier or your business handles shipping, returns, and customer service, maintaining open communication and ensuring a seamless customer experience should be a priority.

Short Answer: Stocksync (an app) automates all of it.

Full Explanation:

Maintaining accurate and up-to-date information online in a high-ticket dropshipping business with a wide range of products requires efficient inventory management and effective communication with suppliers. While there are various systems and tools available, one common approach is to utilize an inventory management system or e-commerce platform that offers automated stock updates. Here are some key considerations:

 

E-commerce Platforms: Many e-commerce platforms, such as Shopify, WooCommerce, or Magento, offer integrations with inventory management systems or plugins. These integrations allow for real-time synchronization of stock levels between your online store and your supplier’s inventory.

 

Supplier Integration: Look for inventory management systems or software that offer direct integration with your suppliers’ systems. This integration enables automatic updates of stock levels, ensuring accurate product availability information on your website. It’s important to work closely with your suppliers to establish the necessary data exchange protocols and ensure compatibility between your systems.

 

Application Programming Interfaces (APIs): APIs allow different software systems to communicate and share data. Some inventory management systems provide APIs that enable you to connect and synchronize stock levels with your e-commerce platform. This can be a more customized and flexible approach if you have specific requirements.

 

Dropshipping Apps and Plugins: Explore dropshipping-specific apps or plugins available on your e-commerce platform’s marketplace. These tools often provide features such as automated stock updates, order routing, and tracking information retrieval. Research and select the most suitable app/plugin based on user reviews, compatibility with your platform, and integration capabilities.

 

Supplier Communication: Establish effective communication channels with your suppliers to receive timely updates on product availability and stock levels. Regularly communicate with them to ensure you have the most accurate and up-to-date information about your products. This can involve email correspondence, phone calls, or utilizing supplier portals if available.

 

Remember, automated stock updates rely on the accuracy and reliability of the data provided by your suppliers. It’s essential to establish strong relationships with your suppliers, maintain open lines of communication, and promptly address any discrepancies or issues related to stock availability.

 

Investing in an inventory management system or utilizing the features provided by your e-commerce platform can help streamline operations, minimize errors, and ensure that your customers have access to accurate product information. Selecting the right system will depend on the specific requirements of your high-ticket dropshipping business and the compatibility with your suppliers’ systems.

Short Answer: Under 30 days from getting the business.

Full Explanation:

Setting up and launching a high-ticket dropshipping business within 30 days is a challenging timeline, but it is possible with focused effort and efficient planning. Here’s a general outline of the key steps involved (bear in mind we complete almost all of these for you).

 

Market Research and Niche Selection (1-3 days): Conduct thorough market research to identify profitable niches and high-ticket product categories. Evaluate competition, demand, and profit potential to make an informed decision.

 

Supplier Research and Partnering (3-5 days): Research and identify reliable local suppliers who offer high-ticket products in your chosen niche. Reach out to them, negotiate terms, and establish partnerships.

 

Legal and Business Setup (2-5 days): Register your business, obtain necessary licenses or permits, and set up a legal structure (such as an LLC). Consult with professionals to ensure compliance with local laws and regulations.

 

E-commerce Website Setup (5-10 days): Build or set up your e-commerce website using an established platform like Shopify, WooCommerce, or Magento. Customize the design, optimize product pages, and integrate necessary plugins for functionality and automation.

 

Product Catalog Creation (3-5 days): Curate a selection of high-ticket products from your chosen suppliers and create compelling product listings. Include high-quality images, detailed descriptions, and competitive pricing.

 

Payment Gateway and Logistics Setup (1-3 days): Set up a secure payment gateway to process customer transactions. Determine the logistics and shipping methods for order fulfillment, including selecting appropriate shipping carriers.

 

Marketing and Branding (5-7 days): Develop a marketing strategy, including social media presence, content creation, and paid advertising. Create a brand identity and establish your online presence through various channels.

 

Launch and Initial Marketing (1 day): Once your website is fully functional, launch your high-ticket dropshipping business. Begin marketing campaigns, drive traffic to your website, and start generating sales.

 

While this timeline provides a general guideline, it’s important to note that the actual duration may vary based on factors such as your prior experience, availability of resources, complexity of the niche, and the level of customization required for your website.

Short Answer: 2-3 hours a day to begin with.

 

Full Explanation:

 

The daily time investment required to run a high-ticket dropshipping business can vary depending on factors such as the scale of your operations, the complexity of your niche, the level of automation in your systems, and your personal approach to managing the business.

 

Here are some general areas that may require your attention on a daily basis:

 

Order Processing and Management: You will need to monitor incoming orders, verify payments, and coordinate with your suppliers for order fulfillment. This includes forwarding customer details and shipping information to suppliers and ensuring that orders are processed and shipped in a timely manner.

 

Inventory Management: Regularly monitor and update your inventory levels to ensure accurate product availability information on your website. Coordinate with suppliers to restock items as needed and handle any inventory discrepancies.

 

Customer Service and Communication: Responding to customer inquiries, addressing concerns, and providing exceptional customer service is crucial for maintaining customer satisfaction. This includes handling email inquiries, managing customer reviews, and addressing any issues or requests promptly.

 

Marketing and Promotion (we do for you): Allocate time to execute marketing strategies and promotional activities to drive traffic to your website and increase sales. This may involve managing social media accounts, creating content, running advertising campaigns, and analyzing marketing performance.

 

Analytics and Performance Tracking: Monitor key performance metrics, such as sales, conversion rates, customer acquisition costs, and website traffic. Analyze data to identify areas for improvement, optimize marketing strategies, and make informed business decisions.

Website Maintenance and Optimization: Regularly update your website with new product listings, optimize product descriptions, and ensure that the website is running smoothly. Implement any necessary updates or improvements to enhance user experience and increase conversion rates.

 

It’s important to note that the daily time investment can vary significantly depending on the stage of your business, your level of experience, and your ability to delegate or automate certain tasks. In the beginning stages, you may need to dedicate more time to establish processes, build relationships with suppliers, and implement effective marketing strategies. As your business becomes more established and streamlined, you may be able to reduce the time investment through automation, delegation, and efficient systems.

 

It’s advisable to create a daily schedule or prioritize tasks to ensure that essential activities are addressed consistently while also allowing for flexibility and adaptation as needed. Regularly reassess and optimize your workflow to find a balance that suits your business goals and personal capacity.

Short Answer: 1-10 suppliers.

 

Full Explanation:

 

You could hit 10k per month with one supplier. I’d say as a rule of thumb you’ll need at least 10 suppliers to be safe in order to generate 10k-50k in sales. It may be less, however, you will discover this as you go.

 

Most clients needed 5 with only 2 high performing suppliers. You would rather aggressively reach 10 suppliers quickly to discover the 2 high performing suppliers as opposed to wasting time trying to slowly get new suppliers on board.

Short Answer: Stock Management and Financial Management.

 

Full Explanation:

 

While the specific challenges and difficulties you may face in running a high-ticket dropshipping business can vary based on individual circumstances, here are some common challenges that you might encounter in the future:

 

Intense Competition: As high-ticket dropshipping gains popularity, competition in the market is likely to increase. You may face challenges in differentiating your business, finding unique products, and standing out from competitors. Continuous market research and strategic branding will be crucial to overcome this challenge.

 

Customer Expectations: High-ticket products often come with higher customer expectations. Meeting those expectations in terms of product quality, packaging, shipping speed, and customer service can be demanding. Investing in exceptional customer service, clear communication, and proactive problem-solving will be essential to ensure customer satisfaction.

 

Inventory Management: Managing inventory for high-ticket products can be challenging due to their higher cost and potentially lower turnover rate. Balancing stock levels, preventing overstock or stockouts, and optimizing storage and fulfillment processes will require careful planning and coordination with your suppliers.

 

Cash Flow Management: High-ticket products often involve higher upfront costs compared to low-cost items. Managing cash flow, particularly when dealing with supplier payments, marketing expenses, and order fulfillment, can be a challenge. Proper financial planning, budgeting, and optimizing your pricing and profit margins are important for maintaining healthy cash flow.

 

Evolving Market Trends: The e-commerce landscape and consumer preferences are continuously evolving. Keeping up with emerging market trends, technological advancements, and changes in customer behavior will be crucial to stay relevant and adapt your business strategies accordingly.

 

To address these challenges, it’s important to stay proactive, adapt to market changes, continuously improve your operations, and invest in building a strong brand and customer relationships. Regularly reassess your business strategies, stay updated on industry trends, and seek opportunities for innovation and growth.

Short Answer: If you follow our roadmap you could be at 100k revenue in under 12 months.

 

Full Explanation:

 

The monthly profits in the first few months of running a high-ticket dropshipping business can vary significantly depending on various factors such as your niche, marketing strategies, product selection, pricing, and overall business efficiency. It’s important to note that profitability timelines can differ for each business, and success is not guaranteed within a specific timeframe. However, here’s a general perspective on potential profit levels:

 

Initial Months: In the early stages of your business, it’s common to focus on establishing your online presence, building a customer base, and refining your marketing strategies. During this time, it’s reasonable to expect modest profits or even minimal profits as you invest in marketing and building brand awareness.

 

Months 3-6: As you refine your marketing strategies and gain traction, you may start seeing gradual growth in sales and profits. However, reaching profitability within the first few months can be challenging, especially if you are investing a significant portion of your revenue back into advertising to drive sales growth.

 

6 Months and Beyond: With consistent effort, effective marketing campaigns, and continuous improvement, you can aim to reach profitability within six to twelve months or even earlier. As you increase your ad spend and optimize your advertising campaigns, your sales can grow, leading to higher profit margins.

 

Regarding your specific goal of reaching $50,000 to $100,000 in sales, it’s important to consider that the timeframe to achieve this can vary based on multiple factors. Reinvesting back into ads to increase your ad spend can help accelerate sales growth, but it also depends on the effectiveness of your advertising campaigns, customer acquisition costs, and profit margins.

 

It’s advisable to track your financial metrics, closely monitor your return on ad spend (ROAS), and adjust your marketing strategies accordingly. Consistent testing, optimization, and scaling of successful campaigns can help you reach your desired sales targets and profitability.

 

Remember that profitability is influenced by various factors, and it’s essential to have a solid understanding of your business’s financials, including product costs, operating expenses, and profit margins. Regularly analyse your financial performance, adjust your strategies based on data-driven insights, and seek opportunities to increase efficiency and revenue while maintaining a sustainable growth trajectory.

Short Answer: $600 for advertising and then reinvest back into advertising from your profits.

 

Full Explanation:

 

There is a certain amount of capital required to begin running a high-ticket dropshipping business, particularly for marketing expenses before generating sales. The initial investment would typically involve purchasing the business itself from us. However, once you own the business, the ongoing overhead costs are generally low, estimated to be under $200 per month, covering general operational expenses such as website maintenance and email services.

 

The primary expense to consider is advertising, which is crucial for driving traffic and generating sales. For advertising, a minimum of $600 is recommended. An important note is that when you spend this amount on advertising with platforms like Google, they often provide a promotional credit of $600, effectively giving you free advertising credit. Once you start making sales and generating profits from your initial advertising spend, you can reinvest those profits back into advertising to fuel further growth and sales.

 

To summarise, the required capital to start a high-ticket dropshipping business includes the initial investment for purchasing the business, estimated operational expenses of under $200 per month, and an advertising budget of $600 (with the possibility of receiving a $600 credit from certain platforms). Reinvesting profits from your initial advertising spend allows for continued advertising and growth in the business.

Answer:

 

While we guarantee the potential to reach $10,000 in monthly revenue within 120 days, sustaining that level of revenue depends on various factors. However, it is important to note that a drastic drop from $10,000 to $0 in the following month is not a typical occurrence if you follow our roadmap and implement our strategies effectively.

 

Our proven roadmap and coaching are designed to help you continually grow your business and avoid sudden declines in revenue. We provide ongoing support and guidance to ensure you stay on track and address any issues that may arise. In the unlikely event of a significant drop in revenue, our team will be actively involved in your business to identify the underlying causes and find solutions.

 

Our goal is to set you up for long-term success by establishing sustainable revenue streams and implementing strategies that support consistent growth. While challenges can arise in any business, we are committed to working with you to overcome them and maintain a profitable and thriving business.

 

By following our roadmap, leveraging our experience, and actively monitoring your business’s performance, you will be well-equipped to sustain and grow your revenue beyond the initial $10,000 milestone.

Answer:

 

The Google ads management is covered by us for the first year, but not your advertising dollars.

 

Typically, hiring a professional agency to handle your Google ads can cost around $2,500 per month. You would be responsible for paying the advertising costs directly to Google, as it is separate from our service.

 

While we provide guidance and support in setting up and optimising your ad campaigns, the advertising expenses are your responsibility. It’s important to allocate a budget for advertising to drive traffic and generate sales for your business.

Answer:

 

The average ROAS (Return on Advertising Spend) on our Google ads campaigns typically ranges from 4x to 12x.

 

This means that for every dollar invested in advertising, you can expect to generate a return of four to twelve dollars in revenue. However, it’s important to note that the actual ROAS may vary depending on several factors such as the product, target audience, campaign optimization, and market conditions.

 

Our team will work closely with you to optimize your ad campaigns and strive for the highest possible ROAS to maximize your return on investment.

Answer:

 

Google Ads for each business we sell may have some similarities in terms of the platform and campaign structure. However, the actual advertisements and targeting strategies are unique to each business. This is because Google Shopping extracts information from your specific product pages, which differ for each business we sell. As a result, the ads created for your business will be tailored to your specific industry, niche, and product offerings. Our approach is customized to ensure that your ads effectively reach your target audience and drive relevant traffic to your website.

As per our contract, we not only refrain from replicating stores for anyone else but also ensure that our businesses do not operate in the same industries. This means that the businesses we build and sell cover a wide range of diverse industries and niches. Here are ten examples of ecommerce products we sell:

 

  • Furniture

  • Lighting fixtures

  • Pet supplies and accessories

  • Home decor and accents

  • Outdoor and camping equipment

  • Health and wellness products

  • Beauty and skincare items

  • Electronics and gadgets

  • Fashion and apparel

  • Sports and fitness gear

 

These are just a few examples, and our portfolio encompasses many more industries and product categories. Our goal is to offer a diverse range of businesses, allowing buyers to find a business that aligns with their interests and preferences.

Answer:

 

Short Answer: Everything you need to be successful!

 

Full Explanation:

 

In our ad management services, we offer a comprehensive range of strategies and activities to maximize the effectiveness of your Google Ads campaigns. Here’s what’s included:

 

12-Month Roadmap to 100k per Month: We provide a roadmap that outlines the steps and strategies to help you achieve a revenue target of $100,000 per month within a 12-month timeframe.

 

Profit Analysis and ROAS Improvement: We analyze the profitability of your campaigns and continuously work towards improving your Return on Advertising Spend (ROAS) to ensure that your ads are generating a positive return.

 

Negative Keyword Management: We identify and manage negative keywords, ensuring that your ads are not displayed for irrelevant or non-converting search queries, thereby optimizing your ad budget.

 

CPC (Cost Per Click) Management: We monitor and optimize the cost per click for your ads, aiming to reduce expenses while maximizing the potential for clicks and conversions.

 

Copywriting: Our team creates compelling ad copy that grabs attention, effectively communicates your value proposition, and encourages users to click on your ads.

 

Search Ads: We develop and manage Google Search Ads to target relevant keywords and capture potential customers actively searching for your products or services.

 

Shopping Ads: We set up and optimize Google Shopping Ads, showcasing your products with attractive visuals, pricing information, and relevant details to drive traffic and sales.

 

Display Ads: We create visually appealing display ads that are strategically placed on websites within the Google Display Network, increasing brand exposure and attracting potential customers.

 

YouTube Ads: We leverage YouTube’s advertising platform to reach your target audience through engaging video ads, driving brand awareness and generating qualified leads.

 

These are some of the key components included in our Google Ads management services. Our aim is to maximize your ad performance, increase conversions, and help you achieve your revenue goals within the specified timeframe.

Answer:

 

You can do financing we recommend using Plenti Finance. We don’t do it personally and if you wanted to pay us directly we don’t offer 12 months financing. The most we can do is pay in 3 payment 1 immediately, payment 2 on getting business and 3rd payment after your first month.

 

While we do not personally offer financing options, you have the flexibility to explore financing solutions through third-party providers. We recommend considering Plenti Finance as an option for financing your business purchase.

 

If you prefer to make payments directly to us, we do not offer a 12-month financing option. However, we can accommodate payment in three installments. The first payment is made immediately, the second payment is due upon receiving the business, and the final payment is made after your first month of operation.

 

We understand that financing can be an important consideration, and we strive to provide options that suit your needs and financial circumstances. Feel free to discuss your preferences with our team, and we can assist you in finding a suitable arrangement.

Answer:

 

We understand the importance of ensuring the legitimacy of the agency you are considering to work with. Here are a few factors that can help establish our legitimacy:

 

Google My Business Review: You can check our Google My Business listing and read the reviews and ratings provided by our clients. This will give you an idea of the experiences and satisfaction level of our customers.

 

Video Testimonials: We have video testimonials from our clients who have successfully built their businesses with our guidance and support. These testimonials provide firsthand accounts of their experiences and the results they achieved.

 

Speak to Us: We encourage you to reach out to us directly and have a conversation. We are available to answer any questions you may have, address your concerns, and provide further information about our agency, services, and track record.

 

Family-Owned in Australia: Our agency is family-owned and operated in Australia. This adds a level of trust and authenticity as a local business entity. We have built our reputation over the years by delivering results and providing excellent customer service.

 

We strive to be transparent and reliable in our business operations. If you have any doubts or require further evidence of our legitimacy, we are more than happy to provide additional information or references to ensure your peace of mind.

Answer:

 

If affordability is a concern, we have options in place to make it more accessible for you. Our program is designed to provide substantial savings and value right from the start.

 

By joining our program, you can expect to save at least 7K upfront, along with the added benefit of 12 months of Google Ad management, which is valued at $2500 per month. These savings and the expert ad management provided can significantly contribute to your business’s success.

 

Furthermore, we offer a guarantee of generating 10K in revenue per month within 4 months. Our system is specifically designed to address the challenge of achieving financial success. In the rare event that you do not reach the guaranteed revenue target, we have measures in place to address the situation effectively.

 

For those who require financing, we recommend Plenti Personal Loans. This reputable finance company in Australia offers convenient online finance solutions. With Plenti, you can choose to pay off your business package over 1, 3, or 5 years, allowing you to start trading sooner without the need for any upfront cash. Applying for finance is quick and easy, and you can simply click on the “Apply Now” button to begin the process.

 

We understand the importance of making our program accessible and affordable for aspiring entrepreneurs like yourself. Feel free to explore the available options and contact us if you have any further questions or concerns.