HOW TIM KOCK BUILT A PROFITABLE DROPSHIPPING BUSINESS IN 14 DAYS (WITHOUT SPENDING MONEY ON ADS) PT10

Writing Product Descriptions

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After I imported a few products (including the Amazon best-seller we saw
earlier) it was time to write some niche-appropriate product descriptions.

This part is important!

For low-priced products like chokers, long, technical product descriptions
are usually a waste of time. I wanted to create an engaging (and extremely
short) description for my product.

Here’s what I came up with: 

Simple. Just the way I like it.

If you’re using AliExpress DO NOT leave the product descriptions as-is when
pushing products to your store. Make them unique and fitting for your niche.  

Again, this is important. Don’t rush it!

Pricing my Products :

Because I was trying to make the most amount of money in the least
amount of time, I chose to price my products at a premium in order to earn
more money from every customer.

Here’s a breakdown of my pricing calculation:

  • PayPal transaction fee (1.9% + 0.35€)
  • PayPal currency changing fee (2% USD - EUR)
  • Tax (19% in Germany)
  • Affiliate commission (15%)
  • Discounts (10%)
  • Free giveaway (bonus bracelet at a $0.66 purchase price)
I ended up pricing the 10-choker set we found on Amazon at $29.99. After
deducting all my costs, fees, and discounts, I would earn $11.63 in net profit
on each sale.

Remember, this set was selling on Amazon for around $10. If I were able to
sell it for almost $20 more, it should prove to you that cost isn't the only
thing people think about when shopping online.

After I was done calculating prices for every choker I was selling (I highly
recommend doing this manually even though Oberlo’s global price
multiplier seems so easy) I was ready for the next step: Marketing.
 

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