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This Product Is Going To Make You Rich In 2024

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This Product Is Going To Make You Rich In 2024
This Product Is Going To Make You Rich In 2024

It’s everywhere… No matter where you look, you will find someone making content using a smartphone. From teenagers filming a cringe TikTok dance to a small business owner that needs to film a quick video update for his customers.

And let’s not forget Youtube where you can earn huge amounts of money and which attracts more and more people to try their luck and become famous Youtubers.

Now all these people have at least one thing in common – They need the equipment to make it work.

So for this week’s article, I have found the perfect winning product that this “vlogger” type of audience will be buying like crazy. With the right ad and the right targeting, you’re looking at a 5-figure monthly income from this product alone!

And as always, you’ll get a full ad & store review where I am going to give you some really valuable tips which will help you make more sales and also avoid mistakes that will hurt your sales.

Don’t miss out on this crazy product and start selling it right now!

find winning products to dropship

The Product

5 in 1 Vlogging Kit

This week’s Winning Product is this 5 in 1 Vlogging Kit and it’s doing some crazy numbers of Facebook right now. With 750k+ views and over 6k likes and 600 comments, this product is definitely a winner!

And even without the whole engagement, this product gives so much value to vloggers and amateur creators that selling it should be a no-brainer for us Dropshippers.

It is a known fact that video production equipment isn’t cheap so if you can get something like the kit above for a decent price, then there’s no chance the right audience will skip it.

And we get this kit for a pretty cheap price on Aliexpress which means we can price it up and get ourselves a nice profit + not scare away potential customers due to a high retail price.

So you should definitely jump on this product and start selling it now!

The Ad

5 in 1 Vlogging Kit Facebook ad

As I expected, the ad is a TikTok style video (just without the TikTok video dimensions) ad where it’s just a showcase of the product with some generic music.

There’s no text description, no call-to-action text at the end of the video, the quality isn’t great, and it looks like the whole video was edited in less than 5 minutes.

And even with all that, this video ad was able to draw so many people who are interested in this product and get the original Dropshipper some good sales.

This just shows how powerful this product really is… And if you put some effort into creating a normal video ad then you’ll get much better results.

Here’s what you should do:

  1. Get better quality videos of this 5-in-1 Vlogging Kit before creating your ad creatives. I don’t recommend running video ads at 540p quality because it simply looks terrible. Either find better quality footage or make your own.
  2. Add text descriptions and just write about the features of this product, what they get, the benefits, etc.
  3. Add a call-to-action text at the end of the video inviting people to click on the link in your ad to get this product. Include a few words on your current discount for this product (like “50% OFF + Free Shipping”, “Free Shipping for the first 50 customers”, etc).
  4. Find a better suited soundtrack for your video ad. The one this seller is using is crazy boring…
  5. If you have the time – Find someone to video review this product for you and include that review into your ad. This works really well and produces much more clicks than the average video ad.

Ad copy:

 5-in-1 Vlogging Kit Facebook ad copy

The ad copy looks like it was made using ChatGPT and I don’t like it that much. It’s not that bad but I prefer sticking to what works for me and for other for years now.

The first line of the ad copy should be a short sentence that explains what this product does and its benefits. You can easily summarize it with the help of ChatGPT.

The second line is the call-to-action which leads to your store.

And the third line can have a few more words about the product or include your current deal for it.

Add an emoji or two to this Ad copy and you’re good to go ?

The Store

 5-in-1 Vlogging Kit Shopify store

The store is a bit of a mess and it makes me sad seeing this… The original Dropshipper is definitely getting sales but a lot of money is being lost due to stupid mistakes.

Pay attention to what I’m going to show you here because it will save you a lot of money in the future.

Mistake #1 – The Scarcity is a mess!

Shopify scacity

From broken English to one of the worst fake stock counters I have ever seen, it feels like the seller was drunk while adding these scarcity features to his store.

I can tell you right now that this does absolutely nothing and doesn’t increase the store’s conversion rate at all. All it does is damage and it probably drove some customers away and made him lose money.

Scarcity is a great way to increase your store’s conversion rate but it should be tested over time to see if it increases your sales.

For example: If you’re already getting sales then you can try adding a single timer to see if it helps you get even more sales for the same cost. If it works then you keep it, and if it doesn’t then it should go and you can try something different.

Also make sure to be a bit more realistic with your numbers, especially with “live viewers” and “monthly sold” numbers. I’ve seen some crazy numbers pulled by beginner Dropshippers that look absolutely ridiculous. Numbers that are higher than what you see on popular Etsy products.

Mistake #2 – Unnecessary discounts

quantity discounts Shopify

Having quantity discounts on your online store is a great way to increase your AOV. You tempt your customers to buy more than one piece by giving them an extra discount.

But this doesn’t mean that you should have a quantity discount or some random bundle active on all products… Some products are just better to be left without any discounts on the product page.

And this is exactly the case with this Vlogger Kit – There’s a low chance someone who buys this kit will be buying more than one kit. So it’s better to keep it simple on the product page and advertise something else as a one-click upsell.

Think of a product that will go crazy well with this Vlogger Kit and offer it right after the customer completes the checkout process. Next thing you know, the customers clicks on another button and you make extra profit.

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Mistake #3 – Random product recommendations

Shopify You Might Also Like Section

If you want your customer to get lost in your store and eventually leave without buying a thing, then the “You Might Also Like” section is exactly what you’re looking for!

This section isn’t at all helpful and the chance it will bring you an extra sale are slim to none. The risk is higher than the reward in this case so you definitely want it gone on your product page.

All it will do is drive the focus away from the product you are advertising and probably lose you money. Trust me, no one is going on a shopping spree in your online store. They’re here for the product they just saw on Facebook/TikTok and that’s all.

Mistake #4 – No Reviews

Shopify Review App

Nowadays it’s so easy for us Dropshippers to get reviews on our online stores because all we have to do is download a review app and import the already existing reviews from Aliexpress to our store. That’s it…

A 10-15 minute work and you can have a beautiful review page set up on your product page which will drastically increase your conversion rate and get you more sales.

There are tons of studies about the importance of online reviews and their impact on sales, so if you want to read more then just google it and after that there’s no chance you’ll ever test a product without having reviews.

More mistakes:

  1. The logo is just text and that makes the store look unprofessional
  2. There are no guarantees and no shipping information at the bottom of the product description
  3. The footer is incomplete
  4. Colors are a bit random in some parts of the store
  5. The price is a bit weird looking and it would be better to stick to something that works like $39.99 instead of $38.56

The Checkout

Shopify store checkout

After seeing the mess on the product page, I kind of expected to see the usual problems I see on the checkout pages. And right of the bat we have no logo and phone number field which we must fill to advance to the next step.

As for the logo there’s not much to explain really… Don’t forget to upload a logo also to the checkout page and you can even add some trust badges next to it which will increase your store’s trust.

The next issue is the phone number field which should never be mandatory if you are not planning to use these numbers for SMS marketing or stuff like that. Some people hate giving away their phone numbers and they’ll be leaving your store the moment they see it forced on them.

Important: Shopify has activated the much-awaited 1-page checkout for all stores so make sure you activate it before launching your ad campaigns and driving traffic to your store. A 1-page checkout is a HUGE upgrade from the regular 3-page checkout!

Shipping page:

Shopify shipping page

Alright, so we have 3 available shipping methods but there’s no information displayed on any of them. How much time does the “VIP Shipping” method takes compared to the Standard one?

What do you think the customer would do? Either he goes with Standard shipping or he goes back to the main page to search about the shipping times somewhere.

This is a really bad and it can drive customers away instead of just smoothly transfer them to the Payment page.

If you do something like that on your store then make sure to always include the time it gets for the package to arrive. This way your customers can compare between the packages on the spot and choose the one that fits their needs the most.

And please don’t add the awkward insurance charge because it sucks. All these extra charges are a disease and customers hate those with all their hearts!

Payment page:

Shopify payment page

At least the Payment page is standard and there are no tips requests like I’ve seen some Dropshippers do on their stores. Nothing wrong here, just a regular Payment page with both PayPal and Credit Card payment options available.

To Sum It Up

This product has a huge potential and even with a mediocre store and ads it still makes some great sales. This is your chance to jump on this product and make the most out of it by building everything around it like the Pros do.

Start by creating a good looking and engaging video ad and build a store around it that is optimized for conversions to the max.

Happy Selling!

Struggling to find good products to sell? Not sure who’s your target audience? Tired of losing money on products you were sure were “winners”?

Then Ecomhunt is what you need! Find hot winning products that are added daily, spy on their ads & stores and import them into your store in 1 click and Start Selling Today!

Ecomhunt find winning products

People want AI to Find Products and Talk to Customers

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IBM data from October 2023 shows that 86% of adults worldwide want AI to help them research or find information about products to improve their shopping experience, reported Insider Intelligence/eMarketer.

According to Sitecore, over three-quarters of marketers feel AI may help them better understand client wants and get closer to their intended customer experience.

The report noted that AI solutions to tackle customer service challenges, such as providing faster, more accurate replies in many languages, can increase retention rates and convert customers into brand ambassadors.

According to CallMiner statistics from July 2023, 43% of global customer experience and contact center experts fear integrating AI will offer clients incorrect information.

20% of Young Online Buyers Made a Purchase on TikTok

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Nearly one-fifth (19.2%) of digital shoppers aged 18 to 34 made a purchase on TikTok in June 2023.

According to an Insider Intelligence/eMarketer survey, US online buyers made the most purchases on Facebook, making up 20.5%.

After Facebook, the top social media platforms for facilitating purchases during the past month were Instagram, followed by YouTube, TikTok, Snapchat, and Twitter.

The demographic of 18-34 year-olds made the most purchases via social media.

Retail Executives Worldwide say Physical Stores Personalize Customer Experiences

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42% of retail leaders worldwide believe that the most essential role of physical retail as omnichannel buying advances is to give an in-person component to the customer experience, according to Bain and Aptos statistics for April 2023.

According to Insider Intelligence/eMarketer researchers, to compete with e-commerce behemoths such as Amazon, merchants with physical locations must think more creatively about attracting customers in-store.

Insider Intelligence expects brick-and-mortar shops to continue spending on events, influencer collaborations, and other experiences that build brand loyalty and advocacy.

Physical stores will account for 83.4% of total US retail sales in 2024, down from 84.4% in 2023, according to Insider Intelligence/eMarketer’s November 2023 prediction.

TikTok Growth is Slowing

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TikTok may have been the world’s most downloaded and consumer spending app in 2023, but it was not the most used.

Last year, Facebook remained the top monthly active user app, followed by fellow Meta-owned apps WhatsApp, Instagram, and Messenger, which ranked ahead of TikTok at number five, reported TechCrunch.

Now, new data shows that TikTok’s growth has slowed, raising the question of whether the app’s expansion into e-commerce via TikTok Shop is to blame.

According to recent statistics from market research firm Sensor Tower, while TikTok’s growth rate remains positive, it is slowing. In 2022, TikTok’s monthly active users increased by an average of 12% every quarter, but this statistic plummeted to 3% per quarter in 2023.

“Instagram could ultimately benefit from the user frustration around TikTok Shop, given that the Meta-owned app removed its own Shop tab in January of last year and killed off live shopping in March,” noted TechCrunch.

Most US Adults Disable Cookies for Online Privacy

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The Pew Research Center conducted a survey in May 2023 and found that 67% of US adults turn off cookies or website tracking to protect their privacy.

This is the second most common method after changing the privacy settings on social media platforms.

This information is important since cookies are being phased out. According to the report by Insider Intelligence/eMarketer, for 1% of Google Chrome users, the deprecation of third-party cookies began in January 2024, with cookies set to be removed entirely by the end of the year.

As third-party cookies disappear, advertisers must discover new ways to contact people without making them feel violated online, the report noted, adding one such way is to pay users to share data.

Podcast Listeners Growing Worldwide

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This year, North America has the most podcast listeners, with 149.4 million, according to a forecast by Insider Intelligence/eMarketer.

By 2027, China will have 178.7 million listeners.

The poor penetration of podcasts in China has contributed significantly to their growth in popularity. According to the forecast in August 2023, podcast listeners in China will account for 9.4% of the country’s population and 12.6% of internet users.

In comparison, 39.6% of the US population and 44.1% of internet users will listen to podcasts by 2024.

The number of podcast listeners in Europe lags behind North America, Latin America, and China.

FedEx to Launch E-Commerce Platform

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FedEx, the logistics giant, announced Monday the launch of its own commerce platform dubbed FDX.

The platform will most likely compete with Amazon by providing merchants with services such as demand generation, fulfillment, tracking, and post-purchase experiences such as returns, reported TechCrunch.

Fedex stated that FDX is now under private preview, with a wider launch planned for fall 2024. Businesses can express interest in trying it out by filling out a form. The company did not name any of the brands involved in the test program.

FedEx’s statement contains several marketing buzzwords such as “data-driven,” “digitally-led,” and “end-to-end e-commerce solution for businesses of all sizes.” Still, it lacks details on how it will compete with existing platforms.

According to the firm, retailers may utilize FedEx services such as ShopRunner — an e-commerce platform it purchased in 2020 — to connect customers, offer expected delivery times on websites, handle carts, track items, and manage returns.

Retailers Rely on Data and AI to Personalize Content

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71% of US retail decision-makers have put money into data and AI-enabled content for personalization, according to a report from Coresight Research and Obsess in August 2023.

According to the survey reported on by Insider Intelligence/eMarketer, more than three-quarters (77%) of organizations that have invested in data/AI-enabled content for personalization have seen significant or moderate improvements in online sales.

Clickthrough rate, time spent visiting stores, and net promoter score were the top three performance measures that improved after investing in this technology.

TikTok is First App to Reach $10 Billion in User Spending

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TikTok became the first app to cross $10 billion in cumulative consumer spending, propelling mobile app sales to a new high in a year when revenue from games was down, according to data.ai’s latest annual report.

TikTok and Disney+ video-streaming platforms led to an 11% increase in consumer app sales in 2023, demonstrating persistent demand. Meanwhile, the games industry faced a double-digit sales decline in China, dragging worldwide sales down 2%, reported Bloomberg.

The report noted that TikTok’s in-app credit purchases can be used to tip favored creators, and live streamers accounted for most of its income.

Spending on apps, rather than games, increased as consumers increased their spending on streaming, user-generated content, and dating applications. Still, advertising was the stronger revenue driver in 2023, rising 8% to $362 billion and accounting for two-thirds of mobile revenues.