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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. 


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My shopify journey （1）

So I'm creating this journey to hopefully motivate some of you to do this, aswell as keep me motivated and get suggestions from you guys. My goal is to hit 10k a day in sales with a product. To some it may sound crazy, but it's really not because it's not hard to scale on facebook ads. A family member of mine did 80k in 10 days with no experience, so it's very possible. I started about 2 months ago. In December I shared a Shopify site with that family member, and had sales. About $200 but wasn't converting well. I made my own store now so it's easier to calculate costs and as well as have my own pixel. January I didnt do much due to exams but now I'm ready. On this journey I will post sales, profit, fb results, what I did that day and other strategies I used. I will not be sharing my product, nor my store until I decide to give up on that product and move to the next. Then I maybe will share the product, ads, and targeting. What I have done so far ...
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My shopify journey (6)

It's a great day. This product is amazing. I have a 10% conversion rate on my store. I had 3 sales today. I lowered my price to 29.99, and I found the product on Ali express for $15.   So today 3 orders, and total 5 orders on this product. Im spending 20$ a day right now.  I started with 4 ppe ads. 2 different pages and 2 different ages. I found one of the pages didn't  give me good results so I cut out the 2 adsets with that page. And found 1 more page and  started 2 adsets for that. So 4 at the moment. Problem: There's only these 2 pages/interests to target on facebook. There's like no other good  pages above 40k reach. The reason for that is because they are all on Instagram. There's  millions on Instagram but barely any on facebook. This is because of the age group and niche  as well. If instagram is just as good as facebook, this is my 10k a day product, aslong as  facebook doesn't fuck up my ads when I try to scale. They ha...
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My shopify journey (14)

UPDATE: so I think I mentioned earlier I stopped that other product and launched a new one.  New product costs me like 3$-4$ and I sell for 24.95. Its in the beauty niche. I sold 2 today. Still  testing lots of adsets. I believe my ads will get disapproved soon as they are against facebook  TOS.  I m getting killer add to cart rate at 15% but only 2% purchase. Im not sure why that is. Im NOT  doing free + shipping. Im offering free shipping. So thats really wierd how it would drop so  much. Maybe just a coincidence. If you want start shopify, you can click here :   S hopify unlimited days trial.
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