I want to talk about AliExpress Drop Shipping. A lot of people that are getting into drop shipping are interested in it. Most of the people that are interested in dropshipping are talking about AliExpress dropshipping.
WHAT IS ALIEXPRESS DROPSHIPPING?
AliExpress Drop Shipping is a business model where you source your products from a website called AliExpress.com which a sourcing agent themselves that helps you source from Chinese manufacturers that are based in China. It is a way for you to find products for super cheap that are normally sold in the US market at a higher price. The profit margin will range from 50% - 80%. If you find a product that is $5 - $10 on AliExpress, it is usually sold for somewhere between $30 - $60 in the US market.
The difference with high ticket drop shipping, you are working with US-based suppliers. It is easier to deal with warranty returns and quality control. There are people source high ticket products from China; however, I don’t recommend that because you will run into a lot of issues with product quality control. You will also have issues in dealing with warranty returns.
TIME AND MONEY
The same amount of time and money are put into building these stores and yet you make more profit per order with a High Ticket Dropshipping. It is obvious which direction you should go to. Why would you want to stress yourself out with 100s of 1000s of sale with AliExpress? That means more time doing customer service and fulfilling orders. There are also more chances for errors and mistakes that will lead you to more headaches.
When it comes to marketing, there are three specific ways that I do it and work really well.
Start by building a lead generation funnel. It’s when somebody lands on our website and enters their email address in exchange of a coupon. We then send them a series of emails to get them to go through the check out process. Once they go through the check out process, they get sent to series of email, as long as they have not ordered, about their abandoned card. If they ordered, they get another series of emails to get them to buy more from us and engage more.
Google Shopping campaigns are a great thing where people type in a search query based on the product they are interested in. If you sell that product, your ad will show up first and the Google search results at the top with a picture, name of the product, price, and store.
You can compete really good on google shopping ads because people love shopping with pictures and content. Google Shopping is not expensive. They also choose the keywords that you rank for, so you can set negative keywords.
When somebody lands on your website but decided not to buy from you for some reason. You use Facebook remarketing ads. These are warm leads that have landed on your website, stayed on there for 30 seconds or longer. They are looking through the product but just it was not the right time to buy. This is where facebook remarketing comes in where you show your ad in front of them with that same coupon code again while they are browsing on their facebook feeds. There is a big chance that they will buy at that point because they are sitting down on their computer or browsing through their smartphone.
WHY HIGH TICKET DROP SHIPPING IS BETTER?
- You are creating real relationship with US based suppliers
- The shipping time is 7-10 business days as opposed to 1 month or more with AliExpress.
- Your products have warranties
- You don’t have to deal with returns
- Quality control of items being shipped to the customer.
All the same effort and time goes into each store whether it is a high ticket drop shipping or an AliExpress Dropshipping. For this reason, it would be very practical to go with High Ticket Dropshipping as you will be able to save time and money.
If you do you AliExpress dropshipping, you have to use Facebook Ads since you have to make sure that people will buy your products right there an then. Facebook ads have become more expensive as time goes by but with Google ads, it is still the same cost for half-decade.
When you are ready to start doing a high ticket dropshipping and become location independent, enroll in our step-by-step High-Ticket Drop Shipping Masterclass where I take beginners from scratch to launch in 30 days and then teach how to scale past 7-figures. Click the link to learn more: https://ecommerceparadise.com/masterclass