Hey Guys, so my goal here is to start several small volume dropship sites over the next 60 days to generate some supplementary income. In addition, I just got an hourly position with a local business to develop their existing e-commerce platform which is providing me with capital to pay my day to day expenses while offering me the opportunity to experiment with different SEO techniques and sales page optimization.
For my own sites, I am going for very niche products and selecting keywords with a high buying power. I’ve noticed that the company I am working for has a #1 ranking for keywords with under 300 searches a month (exact) and they are consistently making decent money off of this. This is a strategy I hope to replicate.
My first product gives me about $125 profit per sale and 1000 local, exact searches per month. This may actually be larger as I am looking at US only traffic however this product could be sold to most of Europe and Canada. Reasonably I can expect 10 sales a month, and due to the buying power of this keyword (it is a very specific term) I may be able to sell up to 30.
My next product is for a very small niche market. There is only 450 searches per month however I know exactly what this market is looking for and I am able to get a suitable product drop shipped. I would make over $500 per sale and a few sales monthly seems to be attainable. I have seen these products sold on forums used and they are often sold within hours of the listing being published.
The last site is much more of a standard e-commece site. I am selling a common household product, and my main keyword has over 40k exact searches every month. I am viewing this as a long term project. If dropshipping I’ll be making about $50 per sale however I will be able to increase this once I am purchasing wholesale and shipping myself. I will need a good amount of capital.
The first two sites will all be started within the next 4 weeks. I plan to start the sites off as purely informational, and I’ll put 4-5 thousand words of content up over the first week. During that time I’ll figure out my SEO strategy and get them ranked. Once I’m seeing some traffic coming in I’ll ensure that the first page acts as a sales page for the product I am informing my readers about. The last site won’t be started until I have enough capital to really push the site. It will need a lot of SEO and I will have to upload literally hundreds of products.
This week I need to get some seed capital. I have two small web development jobs for local businesses and I hope to have them complete this week so that I can get started.
I will keep you posted as things progress. Looking forward to any feedback you might have.
For my own sites, I am going for very niche products and selecting keywords with a high buying power. I’ve noticed that the company I am working for has a #1 ranking for keywords with under 300 searches a month (exact) and they are consistently making decent money off of this. This is a strategy I hope to replicate.
My first product gives me about $125 profit per sale and 1000 local, exact searches per month. This may actually be larger as I am looking at US only traffic however this product could be sold to most of Europe and Canada. Reasonably I can expect 10 sales a month, and due to the buying power of this keyword (it is a very specific term) I may be able to sell up to 30.
My next product is for a very small niche market. There is only 450 searches per month however I know exactly what this market is looking for and I am able to get a suitable product drop shipped. I would make over $500 per sale and a few sales monthly seems to be attainable. I have seen these products sold on forums used and they are often sold within hours of the listing being published.
The last site is much more of a standard e-commece site. I am selling a common household product, and my main keyword has over 40k exact searches every month. I am viewing this as a long term project. If dropshipping I’ll be making about $50 per sale however I will be able to increase this once I am purchasing wholesale and shipping myself. I will need a good amount of capital.
The first two sites will all be started within the next 4 weeks. I plan to start the sites off as purely informational, and I’ll put 4-5 thousand words of content up over the first week. During that time I’ll figure out my SEO strategy and get them ranked. Once I’m seeing some traffic coming in I’ll ensure that the first page acts as a sales page for the product I am informing my readers about. The last site won’t be started until I have enough capital to really push the site. It will need a lot of SEO and I will have to upload literally hundreds of products.
This week I need to get some seed capital. I have two small web development jobs for local businesses and I hope to have them complete this week so that I can get started.
I will keep you posted as things progress. Looking forward to any feedback you might have.