24 Hours AI Dropshipping 🤖Challenge With 1500 rs Budget 🛑 (Shocking Reasults)‼️

Is Dropshipping Dead?

Introduction to Dropshipping Concerns

• Regular questions arise about the viability of dropshipping, with claims that platforms like Ropzo Cloud are scams and that dropshipping itself is dead.

• Despite these claims, the speaker asserts that dropshipping is not dead; rather, it is evolving with changing methods due to advancements in AI.

Current Operations and Product Testing

• The speaker mentions running four stores currently and plans to test various products, starting with a UFO flying spinner toy.

• The product includes a charging cable and user manual, which the speaker finds unhelpful. The toy's unique feature allows it to return when thrown.

Product Categories for Success

• The UFO flying spinner is priced at ₹434 on Ropzo. The speaker emphasizes three successful product categories in dropshipping: impulse buying products, problem-solving products, and wow factor products.

• Gift items also perform well in dropshipping. The UFO spinner falls under the "wow factor" category due to its uniqueness.

Market Research Insights

• Extensive research shows numerous active ads for the flying spinner across different platforms, indicating its popularity and potential profitability.

• Long-standing ad campaigns suggest consistent demand; if a product were losing money, advertisers would stop promoting it quickly.

Strategies for Finding Viral Products

• To identify trending products, the speaker recommends creating a fresh Instagram account to track viral ads by clicking through them without making purchases.

• This method helps build an account filled with relevant ads for current popular products.

Quality Assurance Before Selling

• Emphasizing quality checks before selling any product helps avoid returns (RTO). The speaker tests each item thoroughly before listing it for sale.

• A series will be created around testing various products using AI assistance. Feedback from viewers will guide future content direction.

This structured summary captures key insights from the transcript while providing timestamps for easy reference back to specific points discussed in the video.

How to Successfully Push Products to Your Store

Steps for Product Installation and Pricing

• The initial step involves installing necessary apps, including the Rzit COD form and live product reviews, although live reviews are not immediately required.

• After pushing the product to Shopify, it will be available on your website. The selling price is set at ₹899 with a profit margin of ₹465.

• Once the product is pushed, it can be viewed in the product section of your store. A suitable name for the product is selected using ChatGPT.

• The description and images need updating; low-quality images should be replaced. The initial price set is ₹1499 with an option to apply discounts.

• If tax is applied, an 18% GST will increase the displayed price; however, removing this option shows a clearer pricing structure.

Challenges in Dropshipping

• For those facing continuous losses or struggling with ads performance in dropshipping, guidance on Facebook ads and dropshipping strategies is offered.

• A total of 542 orders were placed from various sources; shipping products have been halted while focusing on Roposo orders which totaled 299 confirmed shipments.

• Average delivery percentage improved significantly from 23% before joining to around 60% after implementing new strategies.

Importance of Guidance and Knowledge

• Without proper guidance, achieving these results would have been unlikely; previous failures stemmed from lack of knowledge about effective testing methods and ad management.

• Joining a training program provided essential insights into managing returns (RTO), testing products effectively, and understanding market dynamics that drastically changed their dropshipping journey.

Learning from Experience

• Prior to joining classes, significant financial losses were incurred due to ineffective strategies; learning proper techniques was crucial for recovery.

• Students who joined received comprehensive training covering various aspects like RTO management and scaling strategies leading them towards profitability.

Overview of Dropshipping and Store Setup

Introduction to Success Stories

• The speaker highlights over 200 student success stories available on their Instagram page, emphasizing the unique feedback and results compared to other mentors.

• They have been teaching dropshipping and Facebook ads for a year, attributing the numerous successes to their comprehensive one-month live classes.

Course Content Breakdown

• The course covers essential topics including product finding, website design, pixel setup, campaign strategies, testing methods (ABO & CBO), ad optimization, scaling techniques (vertical & horizontal), RTO management, and identifying winning products.

• Students can ask questions during live sessions where their doubts are addressed in real-time alongside other participants.

Store Design Process

• After removing existing images from the store setup interface, the speaker demonstrates how to upload new product images sourced from Google.

• The use of an AI store builder is introduced as a tool for designing the Shopify store efficiently.

Installing AI Store Builder

• Instructions are provided on accessing the Shopify app store to find and install the Atlas AI Store Builder application.

• After installation, users need to subscribe at $49 per month and connect their UPI ID for activation.

Building Your Store with AI

• Once activated, users navigate through various options in "Your Stores" but focus on building their store using Shopify integration.

• The AI automatically designs the entire store after selecting specific templates or themes.

Customizing Your Online Store

• Users select images for display on their newly created professional-looking storefront; customization options allow adjustments like color gradients.

• The speaker notes that while current pricing displays in dollars initially, it will convert to rupees once activated.

Finalizing Website Features

• Upon completion of design elements such as logos and product pages, users prepare for launch by ensuring all necessary features are included.

• Emphasis is placed on adding essential apps like "Release It COD Form" for streamlined checkout processes.

How to Set Up Release CD Form for Your Store

Installation and Initial Setup

• The process begins with installing the ALS CI Store Builder, followed by accessing the Release CD form interface.

• After re-authenticating due to an expired form, users need to click on "Open Theme" to access their Shopi theme files.

• It's essential to keep the option for the Release CD form enabled and save changes to activate it on the store.

Website and Product Page Readiness

• The website and product page are nearly ready, with only a logo left to add later.

• Before revealing the website, ads need to be run for the product, which requires video content.

Video Research for Ads

• Researching videos related to "UFO Spinner Fly" on YouTube is crucial; selecting videos with high views can lead to better ad performance.

• Focus should be on videos that effectively showcase the product rather than those aimed at children. Two specific videos have been chosen for use in ads.

Targeting Strategies Using ChatGPT

• To target ads effectively, suggestions from ChatGPT were sought regarding interests and ad sets relevant to selling UFO flying toys in India.

• Potential keywords provided include: kids, gifts, birthday surprises, outdoor fun, toys, etc., which will help refine targeting strategies.

Creating Ads in Ad Manager

• In Ad Manager, creating an ad involves clicking "Create Ad," selecting a sales campaign, and continuing through setup steps.

• Users can name their campaign and set budget parameters while ensuring certain options like sharing budgets across ad sets are turned off.

Finalizing Audience Targeting

• Selecting conversion locations is critical; setting performance goals focuses on maximizing conversions while excluding high RTO states from targeting.

• Interests related specifically to parents of children aged 3–12 years are prioritized in audience targeting for effective engagement.

Parenting Interests and Ad Setup

Overview of Available Parenting Interests

• The discussion begins with an exploration of available parenting interests, including motherhood and modern motherhood.

• A focus is placed on parents with preschoolers aged three to five years, highlighting the specific interests relevant to this demographic.

Structuring Interests into Ad Sets

• The speaker plans to divide the identified interests into three parts for better organization in ad sets.

• Each ad set will have a budget of 300 units, allowing for targeted interest distribution across the ads.

Ad Creation Process

• The setup involves selecting a Facebook page and ensuring it is linked to an Instagram account for ad promotion.

• Manual upload options are discussed, emphasizing the need for single images or videos that represent products effectively.

Creative Setup for Ads

• The process includes clicking on 'Create Creative' and uploading product videos while maintaining original aspect ratios.

• Primary text, headlines, and descriptions are generated using ChatGPT to optimize ad content.

Finalizing Ads Before Publishing

• An illusion of high ratings is created by incorporating star ratings in the description section of the ads.

• After duplicating ads multiple times for testing different targeting strategies, there’s a plan to monitor results over 24 hours post-publishing.

Results Tracking After Ad Launch

Initial Results Post-Publication

• By day six at 11:40 AM, two orders have been received after publishing the ad; total spending stands at ₹197 with a cost per purchase of ₹98.

Performance Metrics Over Time

• By nightfall, eight total orders have been recorded with sales amounting to ₹7192 against a spend of ₹575; indicating effective ad performance.

Continuous Monitoring and Adjustments

• As midnight approaches on day seven, ten orders have been noted with an overall cost per purchase dropping significantly as more data comes in.

Final Review of Advertising Strategy

Summary of Orders and Spending Efficiency

• By morning on day seven, twelve orders were achieved within 12 hours since launch; total spending reached ₹951 with an impressive cost per order metric.

Order Tracking and Profit Calculation

Initial Orders and Setup

• The speaker mentions receiving seven orders, indicating a desire to monitor results throughout the day. They express personal concerns about their appearance, planning to freshen up before continuing with the day's activities.

• As they prepare for the gym, they check on total orders received so far, noting that 15 orders have come in with a conversion rate of zero due to all being COD (Cash on Delivery).

• Total sales amounting to ₹1485 from 15 orders are reported. The speaker reflects on previous day's performance where around eight orders were received.

Daily Progress and Expectations

• On the 8th of the month, they report having received a total of 27 orders so far. They had paused ads previously and expect around 40% delivery success based on past experiences.

• The speaker discusses calculating actual profits after just two days of product promotion, emphasizing that deliveries typically take between 7 to 10 days.

Profit Calculations

• Using Robo's profit calculator, they confirm selling prices at ₹899 for each order. They note that no confirmation calls were made for these orders yet.

• The cost per purchase is stated as ₹48. After accounting for ad spend and RTO (Return To Origin) charges totaling approximately ₹1200, net profit calculations show promising results.

Financial Insights

• Despite potential delivery percentages dropping to around 35%, the net profit remains substantial at ₹2600 after expenses are deducted.

• If scaling continues successfully with increased order volume (e.g., reaching 100 completed orders), projected profits could rise significantly even with modest ad spending.

Future Projections

• The speaker anticipates high profitability if investment scales up further while maintaining effective marketing strategies. They express confidence in achieving impressive returns based on current metrics and trends observed in product performance.