What you do on day one of dropshipping will not be what you do a year from then. Today we are going to talk about how to automate your dropshipping store. This is a popular topic because it touches on the “passive income” which everyone wants and loves. If you don’t know what that means it’s simply when you earn money without actively working for it. Think of the whole “I make money when I sleep” thought process.
There is a misconception with passive income and this is because people do not realise how much work it takes to obtain. The truth is that passive income is actually active right up until the point it is passive. Your dropshipping store will start as active income but it can turn into passive income with enough planning and effort.
As you automate each process, you can spend less and less time on your store. It is not uncommon for someone to go from spending thirty hours on their store to only two or three when done correctly. To get to this point however, you must be successful. This is because to afford to invest this much money in your store, it must be profitable. If it’s not profitable, it will not be worth it. Let’s now talk about how to automate your dropshipping store!
How to Automate Your Dropshipping Store – The Processes
When you’re seeking to automate your store, you must turn your attention to the low Return On Investment (ROI) activities first. These will be customer service and fulfilling orders. They are low ROI because they take little skill yet take a lot of time. By eliminating these tasks, you can focus on activities which are high ROI. This depends on whatever you are skilled at but typically it will be things like managing your team, marketing and building new stores.
To automate order fulfilment and customer service you should hire a Virtual Assistant (VA). Don’t worry this is not an expensive burden. You can actually hire virtual assistants from Asia for cheap. The great thing is they can be experienced and skilled if you know what you’re looking for. If you’re on the fence about hiring a VA let me paint a picture for you…
If you earn $40 an hour from working on your store this means your time is worth $40 an hour. Any task that brings in less income than this should be outsourced. Why not pay a VA $5 an hour to do the exact same job you will be doing. The thing is order fulfilment and customer service are low skilled activities, so there is less opportunity to flourish compared to marketing for example.
After you hire a VA to automate these activities the time you spend on the store will be much less than it was. You can hire more than one VA depending on the size of your store and the number of them you own.
The list of activities you can outsource is endless. You can hire a video editor to create your ads. A copywriter could take care of your product descriptions and ad copy. You could also hire someone to do your product research for you.
The next step could be outsourcing your Facebook ads to a marketing agency. This depends on how skilled you are at using Facebook ads to be honest. If an agency could double your sales for a small price would it be worth it? You bet it would. This is not certain of course but it’s possible depending on who you work with.
If you outsource all of these activities you could end up spending 1-2 hours per week on your store. Yes, you will have to pay more to outsource these activities but what’s more important, time or money? Time is of course. You can make more money but you cannot make more time. Time is non-renewable, money is not. With the increased free time you can start more dropshipping stores with my Drop.Shop and create an empire. I hope you now understand how to automate your dropshipping store!