how to make a seperate sprocket page on shopify

today i'm going to be showing you guys,how you can use spock it for your drop,shipping and how you can set up your,account on spock it so let's get started,first off you are going to click on get,started over here you're going to sign,up you can use your google account or,your facebook account,so once i put in my details i'm going to,get back to you guys so once you've,entered your details you're going to be,greeted with this basic dashboard and,first off let me start the video by,saying everyone knows to make money you,need to sell products but there are,three basic things you need to focus on,before you go on ahead and buy a bunch,of merchandise it is first off,what kind of products are available and,how low can you get them for so product,pricing and product hunting is the first,thing you need to look out for what kind,of product can you find and where will,you be able to find it for the cheapest,price,second off you need to select a product,that has a great return on investment so,roi,so if a product has a very small profit,margin it is not going to help you earn,money very quickly and on number three,you have to focus on marketing so,everyone is selling these products and,you need to be able to market them,efficiently and get them on a higher,rating on whatever application you're,selling on to make them more appealing,to the customer,so let's get into it so over here i'm,going to focus on women's clothing so,you want to select a product that you,actually know about so,i'm not going to be selling tech,accessories or,a gaming headset or,some kind of masculine product because i,wouldn't understand that product myself,and i will be able to accurately market,it to my audience and neither would i,know what kind of audience i have it's,very important to know your market and,advertise accordingly another thing you,need to focus on when looking at these,products is that what is the current,value and how many people are actually,looking for such products so for that i,would definitely recommend you hop on to,google trends and see what kind of,interest that that product is garnering,let's search lip tints and once you,search that you will be able to see what,kind of interest it's garnering so right,now the interest is lowering down during,the first two months of 2021,there was a very high interest in it,that means that was probably the prime,time to be selling that product and now,wouldn't be a great invest in lip tits,so you need to understand the current,value the market value how many people,are actually willing to pay the price,and what price are they willing to pay,for your product,next up you can also take a look at,amazon so if you're about to sell or,invest in women's night suits so you're,just gonna search in night suits and,then you're going to take a look at how,many people are already selling this,product how many reviews do they have,and what pricing are they on you need to,make sure you are able to accurately,price match them so if i'm selling,shorts like these i want to make sure,that i price them under 25,and the price should probably start,around 14,just to beat out my competitor because,if you're selling at a higher price no,one's going to buy a product and you,won't have any organic sales,and that is very important so price,matching is something you must do and,make sure you take a good look at what,kind of listings are already available,on amazon before you go on to spock it,and buy the merchandise so let's just,say over here we have this night suit,and the listing price is,27.90 and it says it's going to retail,for 90,but that is inaccurate because as you,just saw on amazon there are night suits,that are available for 26 dollars and 90,dollars is just unrealistic so,accordingly what are you gonna do now,you're to take a look at the left side,you're going to click on search products,now you're going to enter keywords here,so i'm just going to enter night suit,and i'm going to search,now you can see i have better results,and the prices are actually realistic so,these are for eight dollars and their,expected retail is nineteen dollars and,compare that to amazon listings and they,are pretty accurate you are going to,beat out amazon listings in the same,price range of the same category and,over here as you can see this knight,suit is listed for 25 dollars you're,gonna get it eight dollars and sell it,for twenty dollars and you will still be,price beating the amazon listing and,also you will be making great profits,and it's very essential that you market,these organically so what you can do in,terms of marketing is if you're about to,sell this night suit you should make a,youtube video about it and make sure to,review it,talk about the material the quality what,kind of products are used how it is,comfortable soft or just listing out the,benefits or the actual quality of this,product and you could post that on,youtube and link your shopify or,whatever kind of e-commerce store down,below,it could be equity it could be shopify,or whatever kind of e-commerce store,that you're using and what that will do,is create a meaningful kind of,branding for your product facebook ads,instagram ads youtube ads all of them,are very helpful but a youtube video on,its own will actually create this kind,of sense of security for the customer as,you will establish yourself as more of a,brand rather than a individual seller,now let's take another product let's,just look take a look at this gray kind,of night suit and,as you can see here 654 is the listing,price and the expected retail is around,8. so what you're gonna do is now i'm,going to compare it to what amazon has,to offer and a similar night suit is,going for 32 dollars so you can see this,could be a very high return on,investment so how are you going to,calculate if this is truly profitable,because these aren't the only values,that are you're going to be paying,you're going to have to pay your shopify,or ecwid price whatever kind of,ecommerce store you're hosting so you're,gonna have to pay for that you're gonna,have to take out marketing price and,then you have to pay taxes so after,these three costs are deducted that is,going to be your actual profit so what,is the real profit margin of this,product,what you're going to do is how much,approximately you're going to sell this,for let's just say the amazon store is,selling for 32 so you're just going to,sell this product,for,25 dollars so 25 minus these approximate,this to seven dollars would be 18 left,over,after 18 dollars you're going to,subtract your,ecommerce store cost and your marketing,cost so let's just say you are paying,eight dollars for your online store per,month and then,after that you're paying around five,dollars for marketing,and then you are paying maybe,around zero point is two percent in,taxes so you're going to have a four,point eight dollar profit margin for,this product which is actually pretty,great and this could be considered a,great product to invest in and you can,start by ordering samples you can even,check the variations that are available,for this product,and you can add it to your import list,so you can start ordering this product,so what kind of products actually have a,large return on investment well products,that you can market as luxury products,or high-end products will usually end up,garnering a larger return on investment,and for that you will need to invest in,your marketing and advertising so let's,just search for silk,night suits here i'm showing you all in,regards to examples as night suits so,you can better understand how a specific,item can have so many different niches,that you could garner sales from so even,here just by looking at this you will,see a silk dress that is 200,as the listing cost and it is selling,for 224. so it is although it's an,expensive product and you will have to,have a lot of capital to buy this you,will have a larger return on investment,let's remove the filters of u.s shipping,and shipping under five dollars and then,you are going to take a look at the,items so look for something that you,could actually mark it as expensive so,over here you can see hundred percent uh,silk churchill like blouse i'm going to,click on that and you are going to see,the profit margin is double,so,to compare i'm gonna go on amazon,and i'm gonna search a similar key term,let's just say silk turtleneck blouse,i'm just gonna copy it from here search,it on amazon and you can see these,aren't silk blouses,you actually want your search results to,be accurate a lot of times they are not,that accurate,look for anything that is similar to the,product,that you're about to get so you can see,this product is actually very different,and it will be a larger hit because it,is providing a,new listing and it is something that is,very consumer oriented so this clothing,is usually,a very high selling item,especially in terms of women's clothing,so that is something you should,definitely take a look out for cutting,out the maybe e-commerce store,taxes and other charges that you might,inquire you will still be making a,profit of around ten dollars or twenty,dollars on this product so that was it,for today i hope you guys found this,helpful and understand how you could be,making a lot of money using spock it and,how to hunt product on spock it so i'll,catch you guys in the next video

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