How To Price Your Dropshipping Products For High Profit Margins
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- Опубликовано: 1 авг 2024
- Learn more about calculating your dropshipping profit margin:
👉 bit.ly/3Zj3nFF
Having problems trying to accurately calculate your profit margins in the world of dropshipping? This video is your definitive guide to mastering your profit margin calculations, ensuring you run a profitable and sustainable dropshipping business.
Join us as we walk you through the following key steps:
💰 Understanding Profit Margin
📊 Cost Breakdown
🔢 Revenue Calculation
🧮 Margin Formulas
📈 Optimizing for Profitability
By following this step-by-step guide, you'll gain the knowledge and skills to accurately calculate and optimize your profit margins in your dropshipping business.
Don't miss out on this opportunity to ensure the profitability and sustainability of your dropshipping venture. Watch the video now and unlock the secrets to mastering dropshipping profit margins!
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Timestamps
00:00 - Introduction
01:11 - Break-Even Point
01:39 - Dropshipping Profit Margin Formula
04:48 - What Is A Good Profit Margin?
05:43 - Fees You Need To Know About
08:29 - Setting Optimal Product Prices
11:56 - Conclusion
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#Dropshipping #AutoDS #OnlineBusiness
![How To Price Your Products For Profit in 2024💰[Dropshipping]](http://i.ytimg.com/vi/BJCX2B5cSkg/mqdefault.jpg)
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Very useful information. Thanks AutoDS.
Our pleasure!
hey bud, thank you for so much great info. I added a new product listing but under variants and then pricing ,what does the sell price mean as it doesnt reflect the price I originally saw the item priced at, also its greyed out? ty
If you are using AutoDS you may refer to this article:help.autods.com/how-to-set-up-your-preferred-pricing-settings-for-your-products
Thanks!
Hello, thank you four this really useful video. I have a question regarding the vertical scaling.
You said first that we should scale from 10 to 50 to 100 per day.
Then you recommended not scaling more than 20% of the budget to avoid the learning phase.
But scaling from 10 to 50 to 100 is higher than the 20%.
What should we do then ?
Thank you so much for your answer.
Hey! While it's tempting to scale quickly, a more measured approach of increasing by around 20% helps maintain control and provides valuable insights into how each change affects your overall business performance. 😊
Also, feel free to join our Dropshipping Communities on Facebook & Discord:
www.autods.com/FacebookGroup_yt
www.autods.com/discord
I have a question . For the payment processing fee if the customer purchases two of the same product would i get charged $2.9 plus $.60 since it’s two products being purchased instead of one ? I hope that makes sense. !
Certainly! Let me clarify the payment processing fee for you. When a customer purchases two of the same product, the payment processing fee is calculated based on the total transaction amount, not the number of individual items. 😊
may I ask does shopify have any selling fee you mentioned at 6:54 ? tks a lot
Hello! Learn more about it here: www.autods.com/blog/dropshipping-tips-strategies/how-to-sell-on-shopify/
or watch our latest video about Shopify Dropshipping 2024: ruclips.net/video/0a_rCh4NCvo/видео.htmlsi=jE3y6GUn5qbCN5g3
Thanks!
Thank you....
You're welcome!
Thank you
Welcome!
Can you ship and deliver order automatically or not in AUTO DD
Auto ds
Hi there! The suppliers ships out the orders and handle the delivery for you.
For more tips, we invite you to our Discord channel to interact with experienced dropshippers: www.autods.com/discord
Hello. Does auto ds have the same shipping fees wherever the buyer is ? if not, is there a way to know it before any sale ?
Hey there! AutoDS does not have the same shipping fees for all locations. The shipping cost can vary depending on the supplier and the shipping method chosen. We do have a feature called ‘Include Shipping Price’ which can make your products’ pricing as accurate as possible when shipping cost is involved. :)
I watched this video at 0.75 speed. This guy was real fast for me to keep up.
Thanks for the feedback! We hope this helps you with your journey in dropshipping.
We'd also want to invite you to join our Discord channel to interact with experienced dropshippers and share best practices: www.autods.com/discord
Honestly, this does not make sense to me at all. I just sold an item. My store is on ebay. My auto ds supplier pricing is set as 13% fees. .30 cents in dollar fee amount. $11 profit per product. I'm going insane here. I sold the product on ebay for $187.80
I purchased the product for $147.99
My profit for the order?
One dollar and twenty eight cents. $1.28
I don't understand what I'm doing wrong here. I am losing time and am not covering total expenses. And I don't understand how the video solves this particular issue. Any one? Please help. Thank you in advance. Please help!!!
Hi there, so sorry to hear about the confusion. You might want to try adding your profit margin then. Meanwhile, The difference between 187 and 147 is almost $20.
@@AutoDS thank you for your reply. What would be the steps to adding profit margin by any chance?
It doesn't sound like you saw that $20 profit. What supplier did you use? Could there by large shipping fees or additional fees? Taxes? Your purchase should show a breakdown of costs. I hope you'll share with us what you find.
@SM-db6ft I ended up closing the whole thing down. It was just a headache everyday. I remember this one time I had to pay out of pocket to purchase the item to complete the order. All because I didn't want the bad review. Just annoying.
@@strictly45s6 yes autods overwhelms me. They have so much information and took a while to figure it out and I dont know how it will turn out.
Can’t even log in to autods and all it does is give me a loading screen
Hello! Kindly open a support ticket for the matter, our customer service will be there to for you. Thanks.
@@AutoDS it would be nice if I could kindly get to the log in page but I can’t I click on auto ds and first thing it does is load auto ds it and it stays there
@@AutoDS update there is no support ticket and my only way of signing in is through google login soon as I click that login through google it does the same thing
@@novaYSLdid you figure it out? I had a similar problem and clearing the cookies fixed it.
Same happened to me on iPad. I switched to PC and it worked