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Monday 19 June 2017

How to make $1000 in a week without any prior knowledge or experience




How to make $1000 in a week without any prior knowledge or experience

Let me tell you this; making $1,000 online in a week is a piece of cake. There’s a business model online that’s so simple, so straightforward, and so lucrative it should be banned.

You don’t need to stock inventory. You don’t need to ship anything. You can work from literally anywhere in the world with access to the Internet.

You don’t even have to use your own money to pay for the goods. Do you want to know what it is? It’s called drop-shipping.

Before you say oh, that. Let’s look at how you can start and scale a drop-shipping business. Step by step.

All you need are hot products and an effective marketing/advertising campaign to be successful here.

But Gabriel, how am I supposed to find products?

It's simple. Where should you look to find the hottest products in the world? The largest online retailer in the world or course, Amazon.

Just run a quick Google search for

Most popular Gadgets on Amazon. Most popular fitness items on Amazon Most popular pet products on Amazon Most popular *whatever you want to sell* on Amazon.

You will get back a lot of results. Focus on the ones created within the last 18–24 months. Once you have a list of 20 or so products, there are four things you need to do.

  1. Go here and open a new store. It’s free for 14 days, and I guarantee you will make plenty of sales using this trial.
  2. Go here, create an account and add the plugin to your store. You can do this from the back-end of your store.
  3. Set up your payment processor (Stripe/Paypal).
  4. Go to AliExpress, open a new account, and import your desired products to your store (using the plugin). 

Ok Gabriel, my store is ready for business.

Now how do I market this thing? You need to get about $100 for advertising. This shouldn’t be hard, go to your attic right now and grab that old vintage ukulele.

Sell it for $100 on eBay or Craigslist and you’re good to go. Once you have your $100, split it in half. Now set up a Facebook page for your store and run/test ads until you find a winner. Set the budget to $10 a day.

Don't overthink it. You have the hottest products in the world. They will sell. With your other $50, go find large Instagram pages.

At least 50,000 followers and 1–3% engagement (Calculate engagement using likes. Add up the number of likes for their last 10 posts.

Divide that number by 10 to get average likes. Once you get average likes, divide that by the total number of followers.

That's the average engagement.) Shoot them an email or DM and ask them if they're willing to promote your product.

For 50,000 you shouldn't pay more than $15. For 100,000 you shouldn’t pay more than $20-$25 and for 200,000 you shouldn’t pay more than $30-$50.

Negotiate.

Here's a secret. If you are selling goods for pugs, don't advertise on pet pages. Don't even advertise in dog pages if you can help it. Advertise on pages especially dedicated to pugs.

Once you turn a profit, expand to broader pages.

With $50 you should get 2 or 3 shout-outs.

You will sell a lot by the end of the week.

Now keep reinvesting your profit. Be smart.

One day you might be selling your store for millions.

Don't forget to share with friends! 





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