Anton shares dropshipping profit margins and how to increase them.
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#dropshipping #profit #shopify
In todayβs video, Anton shares dropshipping profit margins and how to increase them.
On Monday we released an episode called β$50K Dropshipping In 1 Month! What Is The Ad Budget?β
(you can watch that video here: https://youtu.be/LgBcu-8dx2w)
That episode is getting great feedback so thank you for that!
But it also had some comments from people saying βitβs a lot easier to do $50,000 in sales than $50,000 in take-home profitβ, which is obviously true.
Thatβs why in todayβs episode weβre going to be talking about dropshipping profit margins and how to increase them.
In this episode Anton shares a profit margin calculator that you can use for yourself here:
– https://docs.google.com/spreadsheets/d/1d5BknxcZ1sJ-DursvJUSsL7GxV8yY9k61FwPT89oLMs/edit?usp=sharing
(Note: Click File, then Make a Copy to add an editable version to your Google Drive Account)
Itβs very important to use this calculator before you start generating a lot of revenue because you need to know your numbers.
Thatβs why in this episode Anton breaks down your expenses, and how to find averages before you even get your first sale.
Using this calculator properly, and making decisions based on the data, will help to ensure maximum profitability for your dropshipping store.
If youβd like a more advanced training you can register for my upcoming webinar here: http://www.dropshipwebinar.com
If you get value from this video please give it a like and subscribe for new training videos every week!
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Anton Kraly is a serial entrepreneur with over a decade of experience building online businesses, including Drop Ship Lifestyle, the βBest eCommerce Courseβ as voted by Shopify. Heβs helped over 10,000 students find freedom through entrepreneurship.
See for yourself with our π Free Training Webinar + Our List of 237 Product Ideas: https://dsl.life/youtube-go/
π Subscribe now for eCommerce and dropshipping training from Anton Kraly: https://dsl.life/yt-subscribe/
π Free Training Webinar + Our List of 237 Product Ideas: https://dsl.life/youtube-go/ high ticket dropshipping: https://dsl.life/yt-subscribe/
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