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$48,300 Total Sales in 31 Days - March 1st through 31st [Shopify] - Printable Version +- Hack Forums (https://hackforums.net) +-- Forum: General Topics (https://hackforums.net/forumdisplay.php?fid=7) +--- Forum: World (https://hackforums.net/forumdisplay.php?fid=445) +---- Forum: Bragging Rights (https://hackforums.net/forumdisplay.php?fid=12) +---- Thread: $48,300 Total Sales in 31 Days - March 1st through 31st [Shopify] (/showthread.php?tid=5947776) |
$48,300 Total Sales in 31 Days - March 1st through 31st [Shopify] - Xeriant - Mar 5, 2019 Update for the entire month of march, ![]() Update March 1st through the 14th: ![]() ![]() I've posted a bit about my Shopify store in the past, here's another update. Shopify Analytics ![]() Facebook Ad Analytics ![]() SMS Campaign Analytics ![]() Profit breakdown: Total Sales: $12,529.65 Total Advertising Costs(FB Ads, SMS Campaigns): $1,306.63 + $122.87 + $245.96 = $1675.46 Total Cost of Goods: $5,145.16 (~41% of Gross Sales) Total Profit: $12,529.65 - $6,812.62 Total Profit = $5,717.03 (Minus around 3-4% transaction fees) Total Sales for this store for those curious is around $325,000, started February of 2018. ![]() May be able to answer a few basic questions. Thanks, Xeriant. RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - lavender. - Mar 5, 2019 where do you advertise at? really impressive RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - Defuse - Mar 5, 2019 Looks like you got a good product, those roas are crazy. RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - Xeriant - Mar 5, 2019 (Mar 5, 2019 09:29 PM)lavender. Wrote: where do you advertise at? really impressiveI only advertise through Facebook Ads. (Mar 5, 2019 09:32 PM)PapaDefuse Wrote: Looks like you got a good product, those roas are crazy.I sell a few different products, around 3 would be considered my best sellers with everything else sold as upsells. RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - Defuse - Mar 5, 2019 (Mar 5, 2019 09:33 PM)Xeriant Wrote: I only advertise through Facebook Ads. Same but I've never seen roas that high unless the drop shipper is pretty experienced, I started this month and got a few sales my ROAs float around 2-2.50. Not sure what a winner product is yet I've tested a few that have had lots of engagement but nothing that has blew up sales wise. RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - Enzio - Mar 5, 2019 Good to see you're still in the game 🎉 RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - PerfectStorm - Mar 5, 2019 Wow congrats on your sales bro that is big RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - Xeriant - Mar 5, 2019 (Mar 5, 2019 09:37 PM)PapaDefuse Wrote: Same but I've never seen roas that high unless the drop shipper is pretty experienced, I started this month and got a few sales my ROAs float around 2-2.50. Not sure what a winner product is yet I've tested a few that have had lots of engagement but nothing that has blew up sales wise.Yeah, I've been at it for over a year now, so I've learned quite a bit about dropshipping. (Mar 5, 2019 09:38 PM)Squalo Wrote: Good to see you're still in the game 🎉I'm in until Facebook finally hits one scandal too many and ad costs drive me outta business. (Mar 5, 2019 09:41 PM)Oblivion Wrote: Wow congrats on your sales bro that is bigThanks, it's appreciated. RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - TITAN OF THE WEST - Mar 5, 2019 What are you selling that has a 45.6% profit margin after cost of goods sold and advertising expenses? Also a 37.3% return consumer rate? Are you selling something that consistently needs replenished like a household cleaning item or something? That is extremely high for a consumer return rate on a shopify store. RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - Xeriant - Mar 5, 2019 (Mar 5, 2019 10:07 PM)TITAN OF THE WEST Wrote: What are you selling that has a 45.6% profit margin after cost of goods sold and advertising expenses?Can't spill what it is specifically of course, but it's household goods. Cost of the goods are around $10 and I sell for around $22-$24. High returning customer % is because of the SMS campaigns I run, see the 3rd image titled SMS Campaign Analytics. The returning customers are purchasing other items, my store does not sell goods that diminish over time. RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - qu1x071c - Mar 6, 2019 Seems like an OP method. Good job bro, good luck in the future too! RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - SanctualProductions - Mar 6, 2019 Damn thats crazy I need to make a shopify store now for sure RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - Deal - Mar 6, 2019 Congratulations on your achievement man. That’s great! RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - Xeriant - Mar 15, 2019 Here's an update for March 1st through the 14th: ![]()
RE: $12,500 Sales in 5 Days - March 1st through 5th [Shopify] - .Reef - Mar 15, 2019 Are you drop shipping or are you purchasing in bulk and shipping manually. |