3 Simple Steps To Profit From Drop-Servicing
I have a personal confession to make:
The thought of deciding on making a decision terrifies me.
I loved the product “on paper,” but the thought of TAKING ACTION freaked me out. I thought I had to be like the guy from the Wolf of Wall Street.
It always seemed high pressure, and the uncertainty is always there. Even if I was doing it online.
Can you relate to this?
Well, there are MILLIONS and MILLIONS of available products to sell, and you are wondering which product is the one that customers really want.
If you reached a point where you absolutely do not know what products to sell, one option you can start off is drop-servicing.
If you have not read my previous article on the introduction of drop-servicing, do make sure that you read that article before reading this. If you have not done so, please click here.
Now that we have understood the clear fundamentals of drop-servicing, I will guide you ahead with 3 simple steps in order to help you profit from your Drop-Servicing store.
1. Markets to Tap Into
There are many markets that you could tap into for drop-servicing, but the ones that have relatively more demand in the markets are:
- Website Building
- Blog Post
- Content Writing
- Graphic Design (Logos, Artwork, Custom Products)
- Ad Copywriting (Facebook Ads)
- Video Creation (Products Reviews or Testimonials, Facebook Ads)
- Done for you Shopify Stores
Based on my own experiences, the last 3 tend to be more sought after in the market. But don't take my word for it. You need to do your own research as well.
To ensure that you are finding where the demand is, you can use Google Trends which is a free tool for you to search for recent trends that are happening online.
So let's say we are searching for Logo Design:
On a scale of 0 to 100 in terms of popularity, you can see that the average popularity and interest is around 82% on average. As a rule of thumb, interests that are above 75% are a good indicator and this indicates that it has a high level of interest.
This shows that logo design is a good niche to drop-service as in general, logo design is always in demand all year round. But you will have more competition.
You can also set a custom time range on the 2nd column from the left. As a rule of thumb, I usually search for the last 30 days to ensure that the relevant market or niche is still recently in demand.
So now let's try another example, let's say we are searching for Graphic Designing.
You can see that the average popularity and interest is around 73% on average, fall short of 75% mark. The graph shown here indicates that its demand is quite erratic as it is always up and down on several days, unlike logo design.
From here we can understand that the demand will be there, but the demand would not be as high as compared to logo design. But one advantage is you can set your price point higher than logo design as graphic designing usually demand a higher price as compared to logo design.
End of the day, you need to learn how to balance out in-between the two niches between the more popular niche or the higher price point.
2. Where Do You "DropService" These Tasks?
One very common problem I noticed from some people is that they tend to do some of these services such as ad copywriting by themselves, which is actually not recommended and this defeats the purpose of drop-servicing.
Yes, I understand that even though you have the specific skills to do it on your own, you need to think of the bigger picture. You should be building and scaling your own business, not somebody else business.
Some of the places you can go and automate your drop-servicing business are:
Let's say that we want to source for a freelancer in Fiverr for a logo design. Here's an example in Fiverr.
As you can see here, there are TON and TONS of freelancers here that offer logo designs services for very cheap rates as low as $5 USD (it's $7.49 for my side due to the currency conversion to my home country). You can even look for sellers who are online at the moment by clicking on the toggle button on the right-hand side on your site.
Let's have another example here.
One useful tip that I would like to share with you is this. Let's say that you type in "shopify store" when you want to offer a drop-servicing business in helping create a shopify dropshipping store, you will realize that there are plenty of freelancers who are also offering other services that are also related to shopify store. This can also be a source of inspiration on what to offer for your drop-servicing business.
Another place that I would like to share with you is dribbble. And no, there isn't any spelling mistakes as it has 3 "b" on their website.
Dribbble is an excellent place for graphic design. This website is one of the places where I found one of the best graphic designers that I have ever worked with.
Dribbble is for higher-end projects where the graphic designers will charge a lot higher than any other freelancing website.
You could also dropship a website design for a really expensive client or for a really big client. You can find excellent designers here that are capable of designing amazingly beautiful website design. You can even get them to code an entire WordPress site for your client and make a big profit from it.
Another place is PeoplePerHour, it is also an excellent place primarily for social media related projects where you can find freelancers to drop-service social media marketing and content writing.
3. Building Your Drop-Servicing Sales Page.
This will be the "face" or the "base" of your drop-servicing store. The first and foremost thing to do is to register on Shopify. They offer a 14-day free trial but it’s limited and you would need to purchase a plan to get started.
Shopify plans starts at just $29/month. You really get the value for the money that you spend.
They also do have 2 other plans priced at $79/month and $299/month which is a complete waste of money in my honest opinion.
Once you register, they will ask for your store name, the URL, and other small things that you can handle.
The next thing you would have to do is install a simple theme. There are tons of awesome themes in the Shopify store. But, If you are too lazy, just stick with the default theme.
Once everything is set up, you will arrive at a page somewhat like this one shown below.
The next thing to do is to set up payments. There are a lot of ways to accept payments. The most common ones are using Stripe and Paypal.
Personally, PayPal is the easiest and the most straightforward. The payment method is also the most direct for your customers.
Setting up payments is really easy. Just go to settings and then Payment Providers. Then click on “Activate PayPal Express Checkout”.
There will be a series of steps to finish. Complete them one by one and you would have your payment page all set up.
I would like to highlight Shopify Payments. Now the problem with Shopify Payments is that it is only available in certain countries. If Shopify Payments isn't available in your country that you currently reside in, you would have to rely on Stripe instead.
Either way, it doesn't matter as Stripe and Shopify Payments are essentially the same — it is just a rebranded Stripe as the only difference is the lower processing fee.
One advantage of using Shopify as a platform is simply because of the multiple apps that you could find on the Shopify app store that can help your store with email marketing and upsells to further boost your sales.
Another method to use other than Shopify is Leadpages.
Leadpages is an online sales funnel builder (also known as sales page or landing page) that helps businesses market, sell, and deliver their products online.
For those who are completely new to the world of digital marketing, Leadpages is a great alternative to start out for your drop servicing business. It is also a lot easier to set up the sales page but I will leave that for the next post as that would require an entire length post to go through the funnel.
Shopify is basically an eCommerce platform but as we saw can also be used to sell services and start a business easily.
But there are both good and bad for this like every other platform on the internet.
Every business is a bit hard and this is no different. Only when you become consistent and work for it will you start receiving profits and ultimately succeed.
So, to the newbies out there, you may not get any order for 2, 3 days, or maybe 1 week. So, my advice to you is “Do not quit”.
That’s all. Please let me know when you get your first order and if there are any queries, feel free to ask them down in the comment section below.