 What is going on guys? Welcome to a new video. So I'm pretty excited about this one to be honest because it's going to help a lot of you guys out. I think I've been getting a lot of questions, especially recently coming into the new year about whether dropshipping is a good way to go print on demand or Amazon FBA. So what I thought I would do then now that I've been dropshipping for over two years, I thought to do a video like this that knowing what I know now, if I had to start from the very beginning, so go all the way back to day one, then would I still do things the same way? Would I still use dropshipping? What sort of things would I do differently then? So today then in this video, we're going to be covering all those sorts of things. And I'm going to be showing you a business model that you've probably seen before, but I'm going to be showing you how to start this business then all the way from the start to the finish. So how much money you actually need to start this business model, where to get your products from and then how to advertise them as well. So that being said guys, that's the topic. Thank you for tuning in. I hope you enjoyed the video and let's get straight into it. What is going on there guys? Welcome to my computer. So let's not waste any time then and jump straight into it. So the first thing I want to show you then or a kind of point I want to make that the easiest way to be successful then with any business is to find somebody who's already doing it well and then pretty much replicate what they're doing. So if you've not seen it before, this is kind of like Shopify's marketplace where people can sell their Shopify stores. Anybody can use it and you can pretty much. So this is like the main page and you can search by like whether they're drop shipping, print on demand, retail stores, what industry they're in and it's a great way then to find stores that are doing really well, go to their site, see what their site looks like, see what their best sellers are, what products they're selling and the stores I want to show you today then because they've been absolutely killing it and they kind of illustrate the point that I want to make in this video and that is that print on demand is such a good business model especially for beginners because it's really cheap to get started, it's really quick to get started, it's probably one of the easiest products you can market and in terms of scalability as well then it's just absolutely huge. So to illustrate my point then I found a couple of stores just to show you guys. The first one I show you is Coal and Coddle and their asking price is up here in the top right so nearly half a million dollars. The average monthly profit is $25,000 and if just to prove it to you if we go down to not expenses but actually sales these are all verified from Shopify themselves so they can't be edited and as you can see this store has done nearly three and a half million in revenue and going back to that point then I wanted to make about scalability you can see this is where the store started so nothing in September, nothing in November, October, January but then first month six and a half grand, second month nearly 50 grand, third month nearly 60 grand and then in the fourth month they did $650,000 so you can see just how quickly and how crazily print on demand stores are scalable. For a number of reasons really one of the things I really like in fact the main reason is comes down to delivery. Whenever somebody mentions dropshipping everybody thinks oh no one's going to wait four weeks for a product but when it comes down to print on demand you completely eliminate that problem because you can find suppliers or printers in America in the UK that can ship to your customers in the space of a few days. Now just one quick note in fact to be wary of when you're looking at stores is always check the traffic against revenue because if the traffic is really small and the revenue is really high then it can be signs of a fraudulent store but as you can see they've had over two million visits again comes directly from Shopify so this is a legit store and I've read through all this so I don't have to go through it with you guys in the video but these guys that was all generated through Facebook ads as you can see so Facebook advertised and it also mentions it up here as well so you can see they're using the exact same macs and strategies that I talk about on this video and all they're doing then is using these simple designs and what I've done is if you going back to this main page if you look through some of these especially some of the higher some of the stores that turn over the higher amounts then they'll be classed as private listings which means like these ones here and they'll be hiding their store URL so nobody can see the products they're selling but if you keep scrolling through you'll be able to find some what that actually give away their URLs so this is their store then basically and as you can see the store itself actually looks very very basic a lot of people over complicate things when it comes to store design but as you can just looking at this is really basic anybody can put a store like this together probably within an hour or two and these are the products then if I just use this tool up here called commerce inspector click best-selling and it's going to take us straight to their best-selling products and as you can see it's all print on demand products so these are things and the designs as well because the designs are just words you can't trademark words or common words like this so in terms of coming up with your own designs then it's a really easy thing to do and since we've got their best sellers as well we can simply just go ahead screenshot these send them to a designer which I'm going to get into later on fire.com and then we've got our own designs that we can go and start selling and we know that these products sell well on Facebook as well and the reason products like this then absolutely kill out on Facebook is because they're social products they're products that people that spark an emotion in your audience and that is 100% the ideal product for Facebook you want products then that people want to engage with and share with their friends and these are the sort of products then that will go viral because they make people laugh and when people laugh at something they want to share it with someone so they can make them laugh as well it's their social products so products like these probably make you smile so copy and paste obviously it's a lot of fiver and stun stuff so I've created a monster and then his son has got the what the t-shirt that wears the monster they're just fun and quirky products that people can relate to and when it comes to marketing these on Facebook as well it lends themselves to a specific market on Facebook you can target parents with children of a certain age so straight away you've got your market you've got your product you've got your store and you once you've got your designs then you're just ready to go everything pretty much is just laid out in front of you which we're going to get into in this video another thing as well of why these works so well on Facebook is if you look at the images there's faces in them and there's people smiling in pretty much every single one of these there's somebody smiling and that's the best way to advertise any product in fact I was talking to someone recently on a call and we were talking about the best way to advertise products and hands down the best way to advertise anything is to show somebody using your product or wearing your product smiling because that's what catches attention just quickly then moving on to the second store so here's another one if we just go down to performance you can see these guys are done way over a million it only goes back to June 2016 where they did $2,000 in their first month then $60,000 this one's a bit sporadic but as you can see even on their lower months like they're still pushing fire figures a month and the traffic tally is up as well so again you notice a legit store and just have a look at their store now they've put a bit more work into their store but as you can see it's pretty basic if we use commerce inspector it should tell us the theme as well symmetry testing by clean so I don't think it's a standard one but this one here what's it called again colon cuddle this is easily replicable and definitely something you could create with a free theme as well but as you can see going back to the products themselves again dead simple always daddy's fastest swimmer and both these stores actually targeted around kind of like parents newborn parents and that kind of niche and if we just check out the best selling products then for this store as well it's going to give us ideas of the kind of products we can sell in their store as you can see they did nearly two million in revenue these are the best sellers so we know straight away these products sell now these aren't as standout ish and aren't what I call passion products or social media products as much as this store here so what I've done then is on this google document where I'm going to go through the profitability and go through the numbers with you guys just so you can see how profitable profitable you can be with print on demand I've based it on this store here and their best selling product but before we get into that then you're probably thinking how do we actually come up with designs if you don't want to create themselves I mean you can create something as simple as that just using any kind of in fact you can use camber.com to create something simple like that but in case you want to go through professional designer put your own twist on it maybe perhaps include some sort of image then what you can do is simply screenshot that head over to Fiverr and all I've done then is search t-shirt designer and it's given me all these different ones and as you can see the kind of average price is around about eight pounds so when I've done my numbers in this document here then that's what I've based it on another thing to quickly show you them before we actually get into the numbers is the prices which I've put into here so I do want to prove it to you when I go through any sort of numbers I don't just like to use fluff I do actually want to prove it to you guys this is why it costs and this is the actual potential so that means that then how profitable or how much money do you actually need to start this business so start up cost wise then you need a Shopify plan now if you're clever about it and you have everything planned out all your designs and everything you start advertising from day one then you then you won't have to pay these costs because most of the apps you need you'll get a free trial on and it's the same Shopify as well when you sign up you will get a free two-week trial but just in case you don't then this is worst case scenario 29 dollars for the basic Shopify plan 50 dollars for apps designs you need I wouldn't just get one design I would go for say 10 just to kind of bulk out your store a bit more and I've based it on 10 dollars a design and if we go back to fiber you can see you could probably get them a bit cheaper than that especially if you said to one particular designer I want 10 designs it might give you a discount but I like to work on worst case scenarios so you're looking at about 100 dollars then for your designs and then what I've done is I've based it on printify just because these guys have printers in the UK and in America and in Canada as well so whether you're selling in those big three countries or not you're going to be able to find a supplier that will ship it locally to your customer within a few days so all in all then you're looking at 208 dollars now that's including the premium plan with printify which I recommend you get now I'm not affiliated any means so I'm not recommending them for for my own benefit you'll see in a minute that when you look at the costs they give two costs they give if you're on the free plan you pay this more expensive one here so you'd pay nine dollars 51 for a kid's body suit but if you're on the premium plan you'll pay 732 and I've done the math here so you save in approximately four dollars per order on the premium plan so you don't need eight orders a month to pretty much make it worth your time or worth your money essentially so what I've done then is I've based all of these prices and the products on what these guys are doing here because if they're doing it then the products are so simple there's absolutely no reason why we shouldn't be able to sell those same products at the same prices so starting from the top then where are we we're looking at the kid's body suit so as you can see they've combined two products into one here you're obviously getting the kid's body suit and you get in the top for the dad as well so we've got two prices we've got the kid's body suit we've got the adult t-shirt and just to show you guys then the kid's body suit is over nine dollars 51 or 732 and the adult t-shirt then is 773 or 595 and just to show you the prices on here we can see the kids the adult t-shirt here if we were to go for the cheapest one obviously you've got 773 or 595 and if we go to the kids one if we scroll down now to me these look exactly the same if you just have a look at like the shoulders on these how they overlap and if we go back to here you can see they kind of overlap there as well so if we can get a better picture so I wouldn't be surprised if these guys are actually using printer fire themselves so we're pretty much sourcing the exact same products um so just go to go back to the price shipping is either six dollars or four dollars I believe it was six dollars to outside of the UK then four dollars inside the UK and both were five to seven days as well because you've got to allow a couple of times of processing and then depending on whether you go for a faster or slower shipping method you're looking at somewhere between five and seven days which just like I mentioned earlier in the video just completely eliminates that up to four weeks so in terms of pointing people off because of delivery it's not a problem you're gonna have to worry about so to do some quick maths then total product cost adding all these up together is either 22 dollars 24 or 18 dollars 27 now the most expensive price on the left is if you use the free plan and the price on the right is if you use the premium plan and as it says there you're saving about four dollars per order ordering two of these products together so if you do go for the premium plan you'll only need eight dollars a month and you'll make that 29 dollars back so we've got our total product cost then what is the sale price so what can we actually sell this product for these guys as you can see are selling it for 40 dollars which isn't cheap but people are obviously paying it if they've done over three million in revenue so a sale price is 40 dollars so depending on whether you go for the more expensive or cheaper one I've just kind of gone straight down the middle to give an approximate number you're looking at approximately 20 dollars profit per order minus your Facebook cost per action or your cost per purchase so as long as you get cost per purchase of less than 20 dollars which is quite manageable should be achievable especially on viral products like this products like this if you put them in front of the right audience then people are going to share this like rapid fire and if you go viral then just the limits are pretty much unlimited and that's pretty much the whole video then start to finish I've covered I think just about everything now we have gone through quite a lot of numbers so if I've confused you a bit then feel free go further back in the video watch it again or leave a comment down below I do get back to every single person and if you're still watching then hopefully you've enjoyed the video as well let me know what you guys think about print and demand do you think it's a good business model or not and that being said then guys thank you for watching and I'll see you all in the next one