drop shipping companies<\/a> actively looking for more suppliers, finding them all in one place is definitely possible.<\/p>\n <\/p>\n
If Irwin has any regrets, it\u2019s that he waited a month and a half after learning about eCommerce before getting started. Had he started earlier, there would have been less competition, and he could\u2019ve racked up on his first million a lot faster.\u00a0That said,\u00a0earning it within his first 8 months in the business isn\u2019t too shabby, either. He states that there is literally nothing to lose in this kind of business; building a website can be done for a minimal fee, and learning about the process is as\u00a0simple as a Google search. His advice to those who may want to try their luck in eCommerce with drop shipping is to establish drop shipping processes as soon as you are making a few sales with your goods. If you have an ironclad plan for your business process, then you can take on sudden surges of orders, and you\u2019ll end up with satisfied customers who won\u2019t think twice of coming back to your store.<\/p>\n
Financially Secured\u00a0Thanks to Drop Shipping<\/h2>\n Michael has been in Dubai for the past five years, but it wasn\u2019t all pleasant when he first moved in. Living in a city known for its luxury and expensive cost of living started to take its toll. While he and his girlfriend enjoyed the comfort and security of the country, he\u00a0soon\u00a0found out\u00a0that he needed another source of income–especially as his salary was barely enough for their basic needs. To make matters worse, his girlfriend wasn\u2019t fluent in English at that time, so she had a hard time getting accepted for a job. Given their situation, he decided to actively search for ways to improve their financial stability, and, luckily, stumbled upon drop shipping.<\/p>\n
<\/p>\n
Michael wanted to be sure about everything before opening his online store, so he contacted\u00a0a forum user that once posted his own drop shipping success story online. After numerous sessions of counseling interviews,\u00a0Michael signed\u00a0up for the same drop shipping company that the user was in. He had zero knowledge about how to go about\u00a0building a website, which is why it was\u00a0fortuitous that the drop shipping company also offered a website building service. After 10 days, a full-fledged website was ready for Michael.<\/p>\n
As for what niche products his store would carry, Michael considered several factors before zeroing in on his final choice. He took into\u00a0consideration the climate in Dubai, where summer lasts all year long. He also\u00a0took note of his own interests, and being a big fan of beaches, he decided to sell beach accessories.\u00a0His drop shipper, luckily,\u00a0offered numerous items under this specific\u00a0category. Furthermore, he found out that raising the price from 300% to 500%\u00a0of the wholesale price would still be cheaper for the same items, giving him an edge over competitors.<\/p>\n
<\/p>\n
With\u00a0the foundation of his eCommerce business\u00a0all set, his focus turned to\u00a0advertising\u00a0his store. A little research showed that young expats\u00a0were his ideal\u00a0target audience, with a smaller portion consisting of expats with children. These people are the most common beach-goers in Dubai, and have the highest probability of purchasing beach accessories.<\/p>\n
At first, he didn\u2019t include locals in his target market because a majority of the population are expats, and the locals usually preferred to buy from premium shops.\u00a0To his\u00a0surprise, however, local\u00a0traffic actually\u00a0made up\u00a0most of his page visits.<\/p>\n
With this data in his hands, he decided to reach out to his target market. He primarily used social media to advertise his store; he made accounts\u00a0in Facebook, Twitter, Instagram, and Youtube, and posted on local and expat forums and participated in blogs. He also made sure his website\u00a0was optimized for search engines, and\u00a0got\u00a030% of traffic from searches.<\/p>\n
<\/p>\n
After just three\u00a0days of his store going live, he already had his first customer; a month afterwards, he was transacting with three\u00a0to five\u00a0clients a day. Since he still works and has\u00a0a full-time job, his girlfriend stepped up and handled online store duties. After two\u00a0months, the store\u00a0enjoyed a net profit of $7,000, and even hit a $25,000 turnover a few months later.<\/p>\n
<\/b><\/i><\/u><\/p>\n
Michael is currently thinking about leaving his full-time job for a more relaxed atmosphere–after all, working 70 hours a week can drain you physically and mentally. He has not yet made a decision though, but one thing is for sure: His online store won\u2019t go anywhere soon. In fact, he is even gearing up\u00a0to open two more stores that\u00a0cater to\u00a0different niches, given that his first venture into drop shipping became such a success.<\/p>\n","protected":false},"excerpt":{"rendered":"
A Million in Less Than a Year Irwin Dominguez from San Diego just heard about drop shipping from a friend, and in less than a year after starting his drop shipping venture, he had already earned $1 million from his store\u2019s sales. Who could\u2019ve predicted that this marketing consultant, who\u00a0used to help out landscapers and […]<\/p>\n","protected":false},"author":17,"featured_media":0,"parent":169,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"templates\/article-template.php","meta":[],"yoast_head":"\n
General Drop Shipping Success Stories - Comparakeet<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n","yoast_head_json":{"title":"General Drop Shipping Success Stories - Comparakeet","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/comparakeet.com\/best-drop-shipping-companies\/general-drop-shipping-success-stories\/","og_locale":"en_US","og_type":"article","og_title":"General Drop Shipping Success Stories - Comparakeet","og_description":"A Million in Less Than a Year Irwin Dominguez from San Diego just heard about drop shipping from a friend, and in less than a year after starting his drop shipping venture, he had already earned $1 million from his store\u2019s sales. Who could\u2019ve predicted that this marketing consultant, who\u00a0used to help out landscapers and […]","og_url":"https:\/\/comparakeet.com\/best-drop-shipping-companies\/general-drop-shipping-success-stories\/","og_site_name":"Comparakeet","article_publisher":"https:\/\/www.facebook.com\/comparakeet\/","article_modified_time":"2019-04-16T06:39:11+00:00","og_image":[{"url":"https:\/\/comparakeet.com\/wp-content\/uploads\/2018\/04\/drop-shipping-stories-million.jpg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/comparakeet.com\/best-drop-shipping-companies\/general-drop-shipping-success-stories\/","url":"https:\/\/comparakeet.com\/best-drop-shipping-companies\/general-drop-shipping-success-stories\/","name":"General Drop Shipping Success Stories - Comparakeet","isPartOf":{"@id":"https:\/\/comparakeet.com\/#website"},"datePublished":"2019-04-05T14:13:27+00:00","dateModified":"2019-04-16T06:39:11+00:00","breadcrumb":{"@id":"https:\/\/comparakeet.com\/best-drop-shipping-companies\/general-drop-shipping-success-stories\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/comparakeet.com\/best-drop-shipping-companies\/general-drop-shipping-success-stories\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/comparakeet.com\/best-drop-shipping-companies\/general-drop-shipping-success-stories\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/comparakeet.com\/"},{"@type":"ListItem","position":2,"name":"Best Drop Shipping Companies","item":"https:\/\/comparakeet.com\/best-drop-shipping-companies\/"},{"@type":"ListItem","position":3,"name":"General Drop Shipping Success Stories"}]},{"@type":"WebSite","@id":"https:\/\/comparakeet.com\/#website","url":"https:\/\/comparakeet.com\/","name":"Comparakeet","description":"ComParakeet Helps you Make the Right Choice","publisher":{"@id":"https:\/\/comparakeet.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/comparakeet.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/comparakeet.com\/#organization","name":"Comparakeet","url":"https:\/\/comparakeet.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/comparakeet.com\/#\/schema\/logo\/image\/","url":"https:\/\/comparakeet.com\/wp-content\/uploads\/2020\/06\/comparakeet-logo.png","contentUrl":"https:\/\/comparakeet.com\/wp-content\/uploads\/2020\/06\/comparakeet-logo.png","width":315,"height":98,"caption":"Comparakeet"},"image":{"@id":"https:\/\/comparakeet.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/comparakeet\/"]}]}},"_links":{"self":[{"href":"https:\/\/comparakeet.com\/wp-json\/wp\/v2\/pages\/21302"}],"collection":[{"href":"https:\/\/comparakeet.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/comparakeet.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/comparakeet.com\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/comparakeet.com\/wp-json\/wp\/v2\/comments?post=21302"}],"version-history":[{"count":0,"href":"https:\/\/comparakeet.com\/wp-json\/wp\/v2\/pages\/21302\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/comparakeet.com\/wp-json\/wp\/v2\/pages\/169"}],"wp:attachment":[{"href":"https:\/\/comparakeet.com\/wp-json\/wp\/v2\/media?parent=21302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}