“Print on Demand One Week Results | $0 – $100k Challenge EP.1″ is a video created by Alek that focuses on the first week results of a dropshipping challenge. The challenge involves using Etsy and Printify for print-on-demand dropshipping, rather than the traditional AliExpress and Shopify method. The video aims to showcase the ease and cost-effectiveness of starting on Etsy, while also encouraging viewers to ask questions and engage with the challenge. The goal of the business is to achieve six figures within a year, using a print-on-demand model where orders are sent directly to a supplier for printing and shipping. The video covers various aspects of the process, such as creating listings on Etsy, using product mock-ups, selecting fonts, and implementing SEO strategies. Despite facing some setbacks, the creator considers the first week a success and expects more profit with time and more sales.
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Overview
In this article, we will explore the first week of results from a dropshipping challenge that focuses on using the print-on-demand model through Etsy and Printify, instead of the more traditional AliExpress + Shopify method. The goal of the business is to make six figures within a year. We will discuss the advantages of the print-on-demand model and the decision to use eBay and Etsy as the primary platforms.
Introduction to the Challenge
The challenge aims to create a successful dropshipping business from scratch, with a specific focus on utilizing the print-on-demand model. This model allows orders to be sent directly to a supplier who will print and ship the products to the customers. By starting on Etsy instead of Shopify, the challenge seeks to take advantage of the lower costs and easier setup process offered by Etsy.
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The Goal of the Business
The ultimate goal of the business is to generate six-figure revenue within a year. This ambitious target will require careful planning, strategic decision-making, and consistent effort. By following the print-on-demand model, the business aims to offer unique and customizable products to attract customers and drive sales.
Print-on-Demand Model
The print-on-demand model is a popular method within the e-commerce industry, as it eliminates the need for inventory management and allows for customized products. With this model, the entrepreneur can upload artwork or designs to a generic unbranded product, and the supplier will handle the printing and shipping processes. This enables businesses to offer a wide range of products without the upfront costs and logistical challenges associated with traditional manufacturing and inventory management.
Using eBay and Etsy instead of Shopify
The challenge in question adopts a different approach by using eBay and Etsy as the primary platforms, instead of Shopify. This decision is driven by the cost-effectiveness of these platforms. With a listing fee of only 20 cents per listing on Etsy, the business can test multiple products without the need to spend a significant amount on marketing. Additionally, Etsy provides built-in marketing services, further reducing the need for additional marketing expenses.
Choosing the Right Print-on-Demand Platform
When it comes to selecting the right print-on-demand platform, two popular options are Printify and Printful. Both platforms offer similar services, but there are certain factors to consider when making a decision. Factors such as cost, quality, and customer service should be taken into account. In this case, the challenge creator recommends using Printify over Printful due to its more affordable pricing and satisfactory service quality.
Benefits of Using Printify
Printify offers several benefits that make it a viable choice for this challenge. First and foremost is the cost-effectiveness, as the platform offers a free plan to start with and a premium option with a discount for higher volume sales. The quality of the products and the overall service experience are also important considerations, and Printify receives positive feedback in these areas. Additionally, the customer service provided by Printify is deemed satisfactory, ensuring a smooth experience for the business owner.
Factors to Consider When Choosing a Platform
In addition to cost and quality, there are other factors to consider when selecting a print-on-demand platform. These include the range of products offered, the integration capabilities with other platforms like eBay and Etsy, the ease of use of the platform’s interface, and the level of customer support provided. By taking all these factors into account, entrepreneurs can make an informed decision that aligns with their business goals and requirements.
Setting Up the Shop on Etsy
To start selling on Etsy, the challenge creator first created listings for the products. This involved adding product mock-ups, choosing appropriate fonts, and implementing effective SEO strategies.
Creating Listings on Etsy
To create listings on Etsy, the challenge creator used product mock-ups that showcase how the final product will look. These mock-ups were sourced through Etsy itself, ensuring a visually appealing and professional presentation of the products.
Utilizing Product Mock-ups
Product mock-ups are essential to showcase the design and appearance of the products to potential customers. By utilizing attractive and high-quality mock-ups, the challenge creator aims to entice customers and increase the likelihood of a purchase.
Choosing Appropriate Fonts
The challenge creator selected a range of free fonts from Google fonts to enhance the aesthetics and uniqueness of the listings. These fonts add a personalized touch to the products, making them stand out from competitors and appealing to the target audience.
Implementing SEO Strategies
To increase the visibility of the listings and attract organic traffic from potential customers, the challenge creator implemented effective SEO strategies. By conducting research on similar products and utilizing relevant keywords in the titles and tags, the listings are more likely to appear in search results and capture the attention of potential buyers.
Challenges Faced
In any business venture, challenges are inevitable. The challenge faced in this case was the suspension of the shop on the second day of operation on Etsy. However, the challenge creator promptly contacted Etsy’s customer support and successfully had the shop reinstated.
Shop Suspension on the Second Day
Unexpectedly, the shop on Etsy was suspended on the second day of operation, which posed a significant setback. The exact reason for the suspension remains unclear, but it was determined to be possibly related to difficulties in verifying some business details. This suspension highlighted the importance of ensuring all information is accurately provided to avoid potential issues.
Contacting Etsy Customer Support
To address the shop suspension, the challenge creator reached out to Etsy’s customer support for assistance. This involved submitting a request and waiting for a response. The prompt intervention by a customer support representative played a vital role in reinstating the shop and ensured the challenge could continue as planned.
Reinstatement of the Shop
After patiently waiting for approximately seven days, the challenge creator received good news. A customer support representative from Etsy reinstated the shop and its single listing. This development allowed the challenge to proceed, and operations could resume.
First Sale and Initial Traffic
After overcoming the challenges faced in the initial days, the shop started to gain traction, receiving traffic and making its first sale.
Shop Starting to Receive Traffic
Despite the slow start with zero views and visits initially, the shop began to attract organic traffic. The implementation of effective SEO strategies, coupled with the marketing efforts by Etsy’s platform itself, contributed to this positive development.
Making the First Sale
A significant milestone was achieved when the shop made its first sale. This validated the effort put into creating appealing listings and utilizing the print-on-demand model. The first sale is a crucial step towards building momentum and establishing a customer base.
Analysis of the Sale and Profit
The first sale provided an opportunity for analysis, offering insights into the overall profit and potential revenue streams. By evaluating the costs associated with the print-on-demand model and comparing them to the sale price, the challenge creator could gauge the profitability of the business. This analysis lays the groundwork for future decision-making and strategies to further enhance profitability.
Week 1 Evaluation
As the first week came to a close, the challenge creator conducted an evaluation to assess the expenses, profits, and the lessons learned during this initial phase.
Expenses and Profits
The challenge involved some initial expenses, such as purchasing mock-ups and investing time in research and creating listings. However, taking into account the iteration costs and the profit generated from the first sale, the challenge creator deemed the first week to be a moderate success.
Lessons Learned
The initial week provided valuable lessons for the challenge creator. These insights pertained to the importance of accurately providing business details, the resilience required when facing setbacks, and the significance of effective SEO strategies in driving traffic. This evaluation phase allows for continuous improvement and refinement of strategies.
Future Expectations
Looking ahead, the challenge creator has high expectations for future growth and increased profits. With a solid foundation established in the first week, the business is well-positioned to scale and expand further. By incorporating feedback and insights gained during the initial phase, the challenge creator anticipates further success.
Business Expansion and Scaling
To achieve the goal of making six figures within a year, the challenge creator outlines plans for increasing sales and strategies for scaling the business.
Plans for Increasing Sales
To boost sales, the challenge creator intends to diversify the product range offered and expand the number of listings on Etsy. By focusing on best-selling products and utilizing effective marketing techniques, such as promotions and discounts, the business aims to attract a larger customer base and increase overall sales.
Strategies for Scaling the Business
To scale the business effectively, the challenge creator plans to leverage automation tools and software. These tools will streamline various processes, such as order fulfillment and inventory management, allowing for more efficient operations and reduced manual effort. Additionally, the business aims to explore collaborations with influencers and invest in targeted marketing campaigns to further expand its reach and customer base.
Expected Challenges in the Future
Despite the progress made in the first week, the challenge creator acknowledges that there will still be challenges to overcome in the future. These challenges may include increased competition, changes in market trends, and evolving customer preferences. By staying adaptable and proactive, the business aims to navigate these challenges successfully and continue on its path to achieving the desired six-figure revenue.
Interaction with Viewers
To encourage engagement and foster a sense of community, the challenge creator invites viewers to ask questions and participate actively.
Encouragement to Ask Questions
Viewers are encouraged to ask questions related to the challenge, the strategies employed, and any other aspects they would like to know more about. The challenge creator values viewer engagement and aims to address all inquiries to create a collaborative learning environment.
Addressing Audience Inquiries
Throughout the challenge, the challenge creator will provide answers and explanations to viewer questions. By addressing these inquiries, the challenge creator hopes to provide valuable insights and assistance to viewers who are interested in replicating or learning from the challenge.
Engagement with Viewer Feedback
The challenge creator values feedback from viewers, as it allows for continuous improvement and refinement of strategies. Whether it’s suggestions, criticisms, or success stories, the challenge creator welcomes viewer feedback and encourages open communication to foster a supportive community.
Conclusion
In conclusion, the first week of the $0 – $100k dropshipping challenge utilizing the print-on-demand model through Etsy and Printify showcased promising results. Despite facing challenges such as shop suspension, the business successfully gained traffic, made its first sale, and started generating profit. With careful evaluation, lessons learned, and future expectations in mind, the challenge creator is optimistic about the future growth and success of the business. By staying dedicated, adaptable, and open to viewer interaction, the challenge creator aims to achieve the goal of making six figures within a year.
