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My shopify journey (2)



PRODUCT ONE


So 3 products sold today. at $15 each. One person bought 1, the other bought 2. Product costs

 me $4, so $11 each. around $33 profit before ads. At the time of typing this I've spent around 

$30 on ads.
So not much profit but this is good. Profit doesn't matter at this point. I'm testing different ad

sets and will let them run for another 4-5 days. At the end, I will cut out the low-performing ones,

and hopefully they will optimize and I will see better results. I was running 3 WC ads and 3 ppe

ads and 5 minutes ago I added one more wc and one more PPE ad for this product.



What I did today:


Made my product page better by adding trust badges, more pictures, and fixed up the text a bit.

What I still have to do today:

  1. Find another product (I have a few in mind)
  2. add it to the store
  3. create ad
  4. find targeting
  5. launch the ads.


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My shopify journey (17)

I was finding it very difficult to keep track of earnings. So I made a spread sheet for this product  that I'm running to calculate my profit. I just enter in how many were sold and how much I spent  on ads. I have it calculate the daily and the to date amount.  It is a rough estimate as the cad to usd conversion rate changes. And I don't know what the  conversion rate will be when I convert it.  March 6- March 11: Units sold of that 1 product :59 Revenue USD : 1187.05 Shopify transaction fees USD: 52.12 Profit : 1134.92 USD Profit : 1475.40 CAD COGS(cost of goods) CAD: 171.1 Cost of ads CAD: 597.54 Total expenses CAD :768:64 NET PROFIT:706.76 CAD Not bad for 6 days. At my old part time job, it would take  me 2 months to get that much.  Get started with Shopify for FREE! No credit card required!

My shopify journey (22)

Update : So I launched a product about 48 hours ago and it's going great.  First day sales: So this was the first 24 hours of launch.  Profits were pretty bad, maybe 20-30 cad.  But that's expected. Now the next day it only spent abit more money but had double the sales.  Because it optimized.  If you want start shopify, you can click here :   S hopify unlimited days trial. Day 2 of launch (today) So today the profits were great! About 36 percent of this is profit which is great considering I'm  only accepting credit card and not paypal . Time to scale and launch more ads.  So I'm really excited for this product. I've learned from my previous products as I made  mistakes each time when it came to scaling whether it be using copyright content, using ppe  ads, and not budgeting properly. This time everything should go much smoother and I think I'll  be able to hit 10k a day with it! I'm also considering buying some insta shoutouts ju