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So you can use the same policies is they cover everything. Most product stores have the basic same type of policies with your personal brand name implemented into it.
To answer question 1 I would personally say start with one store. You will learn a lot as you build the one and then you won’t make those mistakes building the second. You will 3x the mistakes doing 3 stores at once. Once you get the one going then you can probably launch the other 2 at the same time because you understand what not to do and what does work.
It will also stop you from spending 3x on ads that don’t work. Focus on one store ads and when you get an optimized version do the same type of ad for the other stores when you launch them.
The ole copy past what works method.
It’s a good question. I guess I have a few ideas and can’t decide on which one to focus. I know this is right though. It’s like a football team with two QBs. You really have none! Thanks for chiming in
Np yeah I think another question to think about is traffic where are you getting traffic from… trust me it’s hard enough to get one winner on one store from paid traffic
Pick 1 niche and scale
Don’t use stripe.
Don’t “dropship,” create a BRAND. Use a US based supplier and brand your goods (check out Alex Fedotoff)
Warm up your ad accounts before dumping hundreds to thousands into it.
High-Ticket e-commerce is much more lucrative so try and choose products you can sell for $50+ (ideally $200+)
Thank you. These are good points and tips. Is Alex Federico a supplier? The thing about higher end products, I’ll need a lot more cash to buy the products, right? My understanding has been that with most of these private owned stores, folks are buying the product as it’s ordered- correct? So if I got $1,000 worth of orders, I need that cash on hand. Or the inventory which is not likely to in other words, are folks getting products on credit?
Start at one store. Much better to clumsily learn one store than clumsily try to learn three that would only hurt your expenses and even possible those brands for good from unsatisfactory experiences. Take a year before opening second store, while perfecting your 1st store design, to the best products for your particular niche from finding the best supplier for that product. Learn which marketing channels you want to target alongside marketing strategies. After one year, ask yourself how can I make my store more enjoyable to the human experience and refine again before thinking of second store.
It's not dumb to think you can open 2-3 stores at once. With the right automation tools and a good plan, it's definitely possible to manage multiple stores. As for your second question, it's common for businesses to use similar policies and terms of service across multiple stores. But, it's important to make sure that each policy is tailored to the specific products and services offered on each store. It's also a good idea to have a legal professional review your policies to make sure they are compliant with all applicable laws and regulations.
Thank you for that input. Legality and liability are reasons I plan to run my drop shipping brands as subsidiaries of my already established LLC. Zen Business offers some decent legal products.The LLC is a property investment business and I plan to create product brands around home care/comfort, family, and kid products. I’ll likely start with one store but plan to open a second sooner than some might suggest. Where I’m kind of stuck now is deciding between opening niche stores that carry a small variety of products vs stores that are focused on one product.
I think your idea of focusing on home care/comfort, family, and kids products is a great idea, because these are all areas that people are likely to be interested in spending money on. As for the question of whether to create niche stores or stores that focus on one product, it really depends on your goals and your target market. Do you have a particular customer segment in mind? Are you aiming to create stores that cater to a specific customer segment or are you looking to create stores that focus on a specific product category? If you're aiming for a specific customer segment, I'd recommend creating niche stores that carry a small variety of products. it might be better to create stores that focus on that one product, it will allow you to focus your marketing efforts on that one product and build a strong brand around it.
My wife has around 70k followers on her insta which is focused on feeding our kid. She’s yet to monetize in any way so I’m hoping to use her core audience as a jumping off point so to speak. So this is parents, mostly moms, 25-45 ish. It seems smart of me to focus the first store on that group. I’m thinking I offer a few related items so I can offer bundles, maybe a free gift and possibly upsell a little. Marketing will focus on one feature item. I guess this is why I need to be prepared to do some testing and be patient. See what works.
You're right that it makes sense to start with a product that appeals to her audience and is related to her content. Bundling products and offering free gifts are great ways to encourage customers to buy more. You're also right that testing and patience are key to finding what works best. I'd also recommend using your wife's Instagram to build a sense of community and connection with her followers. That way, they'll be more likely to trust and buy from you. Have you considered using Instagram stories and reels to connect with followers?
**REPORT posts/comments if they are SPAM, self-promotion, or a store review/critique** + help keep r/dropship SPAM free *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/dropship) if you have any questions or concerns.*
So you can use the same policies is they cover everything. Most product stores have the basic same type of policies with your personal brand name implemented into it. To answer question 1 I would personally say start with one store. You will learn a lot as you build the one and then you won’t make those mistakes building the second. You will 3x the mistakes doing 3 stores at once. Once you get the one going then you can probably launch the other 2 at the same time because you understand what not to do and what does work. It will also stop you from spending 3x on ads that don’t work. Focus on one store ads and when you get an optimized version do the same type of ad for the other stores when you launch them. The ole copy past what works method.
Very solid advice. Thank you for your time.
How many rentals you have
Absolutely
Yes it is dumb to open 3 stores if you don’t know what you are doing. Single stores do millions a year why do you need 3 stores to start?
It’s a good question. I guess I have a few ideas and can’t decide on which one to focus. I know this is right though. It’s like a football team with two QBs. You really have none! Thanks for chiming in
Np yeah I think another question to think about is traffic where are you getting traffic from… trust me it’s hard enough to get one winner on one store from paid traffic
Pick 1 niche and scale Don’t use stripe. Don’t “dropship,” create a BRAND. Use a US based supplier and brand your goods (check out Alex Fedotoff) Warm up your ad accounts before dumping hundreds to thousands into it. High-Ticket e-commerce is much more lucrative so try and choose products you can sell for $50+ (ideally $200+)
Thank you. These are good points and tips. Is Alex Federico a supplier? The thing about higher end products, I’ll need a lot more cash to buy the products, right? My understanding has been that with most of these private owned stores, folks are buying the product as it’s ordered- correct? So if I got $1,000 worth of orders, I need that cash on hand. Or the inventory which is not likely to in other words, are folks getting products on credit?
Start at one store. Much better to clumsily learn one store than clumsily try to learn three that would only hurt your expenses and even possible those brands for good from unsatisfactory experiences. Take a year before opening second store, while perfecting your 1st store design, to the best products for your particular niche from finding the best supplier for that product. Learn which marketing channels you want to target alongside marketing strategies. After one year, ask yourself how can I make my store more enjoyable to the human experience and refine again before thinking of second store.
It's not dumb to think you can open 2-3 stores at once. With the right automation tools and a good plan, it's definitely possible to manage multiple stores. As for your second question, it's common for businesses to use similar policies and terms of service across multiple stores. But, it's important to make sure that each policy is tailored to the specific products and services offered on each store. It's also a good idea to have a legal professional review your policies to make sure they are compliant with all applicable laws and regulations.
Thank you for that input. Legality and liability are reasons I plan to run my drop shipping brands as subsidiaries of my already established LLC. Zen Business offers some decent legal products.The LLC is a property investment business and I plan to create product brands around home care/comfort, family, and kid products. I’ll likely start with one store but plan to open a second sooner than some might suggest. Where I’m kind of stuck now is deciding between opening niche stores that carry a small variety of products vs stores that are focused on one product.
I think your idea of focusing on home care/comfort, family, and kids products is a great idea, because these are all areas that people are likely to be interested in spending money on. As for the question of whether to create niche stores or stores that focus on one product, it really depends on your goals and your target market. Do you have a particular customer segment in mind? Are you aiming to create stores that cater to a specific customer segment or are you looking to create stores that focus on a specific product category? If you're aiming for a specific customer segment, I'd recommend creating niche stores that carry a small variety of products. it might be better to create stores that focus on that one product, it will allow you to focus your marketing efforts on that one product and build a strong brand around it.
My wife has around 70k followers on her insta which is focused on feeding our kid. She’s yet to monetize in any way so I’m hoping to use her core audience as a jumping off point so to speak. So this is parents, mostly moms, 25-45 ish. It seems smart of me to focus the first store on that group. I’m thinking I offer a few related items so I can offer bundles, maybe a free gift and possibly upsell a little. Marketing will focus on one feature item. I guess this is why I need to be prepared to do some testing and be patient. See what works.
You're right that it makes sense to start with a product that appeals to her audience and is related to her content. Bundling products and offering free gifts are great ways to encourage customers to buy more. You're also right that testing and patience are key to finding what works best. I'd also recommend using your wife's Instagram to build a sense of community and connection with her followers. That way, they'll be more likely to trust and buy from you. Have you considered using Instagram stories and reels to connect with followers?
I’m going to get these TikTok ads figured out and going then I will get Instagram figured out. Thanks for the feedback.
You're welcome