 Hey, what's up guys? Welcome to a new video. So in this one, we're gonna be looking at three really awesome products that you can dropship and sell on your Shopify stores. As usual, we're gonna be looking at their buying price, selling price, profit margins, where you can source them from, and the Facebook tag team options. You guys seem to enjoy these videos, so I am making it a weekly thing. So for your weekly dose of product ideas, make sure you subscribe to my YouTube channel. If you enjoyed the video, please hit that like button. And of course, for your chance to win a one-to-one call with me, make sure you post your comment below. And I do read every single comment, actually. So if there is a question you want to ask me, post it below and I will answer it for you. Before we jump into product number one, just a quick note to say that this keynote that I'm gonna be running through that contains all the links, et cetera, it is actually downloadable to download it so you have your own copy. Just check out the first link in the description below. So that being said, guys, thanks for tuning in and let's jump straight into product number one, which is this, in my opinion, really cool rocket nylite. Now, this is something I've not seen around much. There isn't many people advertising on Facebook, hence why I believe it to be such a good product to sell right now. If you watched my previous videos on how to pick a good product, you'll know that one of the ideal criteria when it comes to picking a product that's gonna be successful on Facebook is picking a product that not many people have seen before and this product matches that piece of criteria. It's a new, cool and quirky product not many people would have seen before and therefore it's an ideal product to advertise on Facebook because nobody's seen it before so therefore it's going to get quite a lot of attention. The second point is, is the fact that there's a huge market purely because a product like this would be advertised at parents, obviously buying it for their child and the average Facebook user age now is 35 plus and the majority of the population at 35 do actually have children. So Facebook is kind of like the perfect platform to advertise a product like this and what also makes this an ideal product to advertise on Facebook is when it comes to video ad creative opportunities there's loads for this. So the first thing I thought of when I come across this product was if you've ever seen kind of like those 70s or 80s when the Rockets used to take off and they used to do like a countdown or I think it might have even been at the beginning of the films you'd have like a five, four, three. You could have something similar and then as the countdown reaches zero then if you had a good kind of video editor or video creator, you could have the flames kind of work their way down so it actually looks like the lamp itself is taking off. So something like that I just think would be a really cool ad and would get a lot of attention and when it comes to advertising on social media then obviously the more attention you can get on your product and your ad, then the better. The next point is the fact that a product like this is actually on the upper trend believe it or not, more and more people are searching for night lights. So if I just open a link to illustrate this. So night light is the search term we're looking worldwide 2004 to present you can see we're actually at peak popularity now. So a product like this would be ideal to stick on your store now, spend a couple of weeks creating some content around it some video ads perhaps even buy one yourself so you can film the video ad yourself and then you get kicked off straight away running ads for it. One of the beauties obviously with drop shipping is the fact that it's so quick to find new products get them on your store and start selling them immediately whereas with a typical brick and mortar store they'll have to do product development they'll have to do product samples and source the product and so on. So take advantage of the drop shipping business model and yeah get this on your store and start testing it. Now before we move into profit margins there's one point I forgot to mention that you should double check depending on what country you're going to be selling to then obviously make sure the product comes with the correct plug if it is one that plugs into all some of the ones I found are rechargeable via USB so obviously they're going to be universal. Now in terms of the profit margin on average depending on what model you go for you're looking at about 14 pounds 97 including ePacket which is pretty decent and then I actually found the exact same product selling on Amazon for 34.99 so you can actually compete with what's on Amazon when it comes to this product which is obviously a good thing. So on average you're looking at about 20 pounds and two pounds profit minus your Facebook advertising cost. Now if you can achieve a cost per purchase of 10 pounds which is pretty reasonable nowadays then you're looking at 10 pound per order or per sale profit which is very reasonable. If you sell 10 of these a day that's 100 pound profit per day, 36 grand a year minus taxes and expenses which is a decent wage or at least the average UK wage as it currently stands today. Breakeven ROAS wise then so if you do 34.99 divided by 20 pound or two pence is a 1.75 breakeven ROAS. So when you are running your ad sets as long as your ROAS is above 1.75 then you know you're making a profit. Facebook tags in wise then one of the most important points when it comes to advertising any product. I'll go for male and female obviously there's male and female parents I'll go for 21 plus and then parents with children of a certain age just so to show you then how you would target people like this. I've got my ad manager open here we can go into here add demographics and we can go parents and then it gives us all these different options here and to be honest I would probably run an ad set for each age group so I would definitely go one to two three to five, not to 12 months, six to eight and I would go nine to 12 as well even the one above that if there is one it doesn't look like there is so I'd definitely test each and individual one go fairly broad now I don't usually recommend going broad but in this instance I would to test it and then start narrowing down and focusing on what is actually working. So with that being said then that is product number one I hope you enjoyed it if you did then please obviously hit that like button and if you didn't if you don't think it's a very good product then leave a comment down below and let me know why it's always interesting to get the viewer's point of view anyway moving on to product number two we have this portable blender bottle now bear with me I know you've probably seen this before but this is super relevant for this time of year or certainly from January onwards now where the potential lies in a product like this is if you are going to go down this route then don't even focus about making a sale in the next three to four weeks focus on that second week of January onwards and take the time between now and then buy one of each color film your own ad even send one or two maybe even three off to quite small influencers that in return will send you three to five pieces of user-generated content because when it comes to selling a product like this if you can show people using it demonstrate how it can make somebody's life easier how it can help somebody be healthier which is what like the majority of the population do from January onwards then it's only going to help your case and help you sell a product like this it's all going to be about the content which we'll be speaking more about in a second so it's perfect for early 2020 onwards it's a super relevant trend if we just open up the Google Trend information now we can clearly see that blender bottles are actually approaching the most popular time that they've ever reached in the past 14, 15 years so there's more people searching for this term than there ever has been which makes this an ideal time to sell a product like this and the market is so huge it doesn't matter how many people are advertising in it there's always going to be room to make some decent money however to do that there's a couple of things you have to do so number one as it says here, no be unique it's a competitive niche, yes I accept that but if you sell it differently offer a USP give somebody a reason to shop from you instead of somebody else and one of those reasons could be if you create a recipe e-book that you email with each sale so they could go to somebody else like Blendjet who are one of the big names and buy this bottle or they could come to you and get essentially the same product but they get a free e-book with certain recipes for free which is just an added bonus and an added reason to get customers to sell to buy from you rather than somebody else with a product like this there's one product store potential a lot of people like one product stores they seem to be in demand at the moment or a lot of people are into them so if you do like that route and that strategy then a product like this definitely demands enough attention to be able to do something like this because there's just endless content you can create just for example then if I open up this link and show you the video ad just to kind of give you ideas of the sorts of things that you can recreate just the more content you can produce around products like this then the better the more ways you can demonstrate how you can use it where you can take it the amount of people buying it and using it then the better and that kind of leads me on to my next point in fact which is you can piggyback off big brand names so for example, Blendjet will be investing hundreds of thousands of pounds or dollars into advertising this product and not everybody will buy that product the first time they see it they might buy it the second time or the third time or fourth time they see it and that might be when they actually see your ad so for example somebody might see it once or twice from Blendjet just the bottle itself for 34.99 which is actually what they're retailing at but then the third time they actually see your ad see the fact it comes with a free e-book and that's enough then to persuade them to actually make the purchase and they're buying it from you not somebody else. Moving on to the numbers then 1181 including the e-packet that's about average across the board and then retail price wise 34.99 and that's actually what Blendjet are selling it for themselves so if they can sell it at that then there's no reason why we can't which leaves about 23 pounds profit again, if you can achieve a 10 pound cost per purchase it's going to leave you a pretty healthy profit margin and that doesn't include any up sales or cross sales or anything like that. 34.99 divided by 23.18 leaves you with a 1.51 break even in ROAS so again as long as your ad sets are above that number then you're gonna be making a profit. Now when it comes to tags in the product of this it's gonna be pretty broad again which I don't tend to recommend so what it would do is go for female and male it applies to both genders in my opinion go for 35 plus I believe it's gonna be the older generation in comparison to myself that would buy a product like this it might be completely wrong you could perhaps test lower if you have the budget to do so and then I would go for generic fitness related interests for example like lose weight or running the reason being is because hardcore gym goers might not necessarily use a product like this or hardcore gym goers will be more aware that they can get a product like this from somebody else plus if you take into account the fitness industry as a whole most people aren't hardcore gym goers the bulk of the industry is probably made up from people who have a little dabble every now and again but aren't really that serious about it so generic fitness related interests I would also include the interests of online shopping past purchase behaviors and engaged shoppers if you can target people that have history of buying from Facebook ads then of course that can only be a good thing with that being said then that wraps up product number two I hope you enjoyed it if you did please hit that like button and moving into the third and final product then is this sofa cover now bear with me because this surprised me myself I weren't actually going to include this on the list but it was too good to ignore the numbers were really good and it was popular with customers in the comment section as well I found a couple of Facebook ads for product like this and people just seem to love a product like this and the more I thought about it the more actually made sense if you think sofas nowadays are pretty expensive like for something like this that is pictured you're probably looking at best part of a thousand pound a thousand dollars and if you've had it for a few years and it starts to look a bit shabby there's the odd rip instead of investing another thousand dollars into a sofa you can buy something like this which is 50, $60 and it makes it look like a new sofa like there's a huge cost saving to investing in a product like this versus a brand new sofa so yeah it's really popular with comments trust me do your own research on this and you'll see what I mean point three there's great Facebook ad capabilities I want to show you one ad in particular that gained my attention because it just illustrated the products really nicely and what I can actually do and one of the points I wanted which is actually on the keynote as well is that an ad that kind of like demonstrates the before and after like something like this where you have the original sofa this like time lapse of how long it actually takes to fit and the difference and improvement it can actually make then it's just advertising gold it just really is and it's going to get lots of good feedback and attention on social media which again is only going to be a good thing back to the keynote then and as I already mentioned before and after photos would work really well for a product like this now before and after photos aren't allowed in the fitness industry where you show somebody's body but when it comes to sofas there's no problem at all I've already checked that one out next point is there's not many advertisers on Facebook which is obviously a good thing less competitive a product is the better and it's actually on an upward trend and it's at peak popularity believe it or not so again I just want to prove this to you and show you the data so sofa cover worldwide 2004 to present as you can see from kind of like 2013 it's just crept up and up and up so nowadays there's more and more people looking for a sofa cover so now just it seems like the ideal time to get into a product like this there's a lot of people I talk to that are within the home niche and if I had a store within the home niche then this product would definitely be on that store right now moving on to the last couple of points then there's plenty of upsell opportunities which is obviously a good thing and the more money you can make per order initially then the better and there's great profit margins too so I started on the smallest one and then took the equivalent prices so i.e. 12 pounds 14 including an e-packet so that's including delivered to the customer 29.99 retail price so even for the very cheapest one and this was just for an armchair too so when you go up to a two-seater sofa three-seater sofa something like this and then you're making sort of pretty decent numbers per order anyway so this leaves you with 17 pounds 59 profit per sale which is a 1.7 break even ROAS Facebook targeting wise for products like this now I don't believe there's going to be that many people are aware that products like this exists so I would go quite broad and base it on past purchase behavior and engage shoppers, online shoppers, et cetera see what sticks and then start to narrow down and focus in like that for example though you can actually target furniture and home improvement at certain interests so if you are within the home niche and there are certain interests you've tested that have worked well definitely apply them to this because you'll be able to replicate the same sort of success now with that being said guys thank you very much for watching that is all three products I really do appreciate the sport in every single video if you enjoyed it then please hit that like button for your weekly dose for the same again next week three completely new products make sure you subscribe to my YouTube channel for all my free ebooks and resources check out the links in the video description below and with that being said I'm just going to get into announcing the winner of the previous video for that one-to-one call what's up guys so this is my previous video then 80 likes which is absolutely awesome so thank you very much anyway let's get into announcing the winner that is what we are here for continue to site and get YouTube comments 19 unique comments so thank you very much to everybody who entered the competition and the winner of the previous video then is the friendly cat so thanks very much for your comment hit me up on Instagram we can get that call arranged and guys if you just want to get straight down business and book a call right away you can do so just make sure you check out the links in the description below finally then thanks very much for watching I really do hope you enjoyed it and I'll see you in the next one