Nathan Miller built a Shopify dropshipping store in three hours that's doing $3k daily revenue with 119 orders, $43 average order value, and $8 profit per order. He's spending $25 to acquire customers in a $33 break-even window, banking on pre-Christmas timing and low Meta competition.
Yo, what's up, guys? So a lot of you guys ask for updates when it comes to the Speedrun videos and everything. So here it is. But basically in three hours, I built technically a million dollar business. And what I mean by that, it's not actually a million dollar business yet. I'd have to put a lot more work into it. But as you can see, we just got to 2.9k in revenue, which is 8.9. Or we'll just do 20 365. You do that every day. That's a million dollars in revenue. So that is actually insane. And guys, I haven't done anything else besides what I showed in that Speedrun. I've just been scaling the budgets basically and letting it optimize on Facebook. I want to go walk through some of the results here. For these past three days, we've almost done 6k in sales. As you guys can see. Add to cart rates are super high, checkout rates are high, and the conversion rate is pretty decent. And we're getting a solid aov. I think we get this a lot higher if we play with the offer and stuff because I think our lowest offer is $43. So really no one's taking any of the upsells. So we could definitely mess with that and try to get that up. But I'm gonna walk you through exactly how much profit this made. And then also I want to walk through that light, which turns on. I always want to walk. I also want to walk through how I actually went and got a quote and got fulfillment for this because as you guys can see, we did 120 orders. So we got to get fulfilling. We got to get these sent out. You don't want to get chargebacks and stuff and customer complaints. So I'll show you guys what I did for that. But first, let's walk through this mirror board I made. So basically I went through my personal private supplier that I work with and I got a quote and this is what they quoted me. And if you guys remember from the last video, $10 is what I was guessing this would cost and I was pretty much right. 9.9. If we want to do the faster shipping option, which is UN Express, we can go with this. It's an extra $2, which honestly it could be worth it long term. But I think for now just as much money up front, we're going to go with the cheaper option in the 10 to 15 day shipping. So SDH usually 10 to 15 and unexpress is 7 to 12. So it's a little faster. As you guys can see. I did some math here because on our store the price that we have lowest price is 37, 99 for one. And then we also include $5 shipping which would be 42, 99. And so I subtracted that from our cost of goods right here and $33. Pretty much you can have the.09 in there. But I'll just say $33 is what our break even CPA is. And as you guys can see here, this was the campaign that I have been running and we were running at a $25 CPA give or take, which I'm just rounding this because it just makes it a lot simpler for you guys to understand. But because our AOV is a little higher, our break even CPA is probably a little more than this. But we'll just keep it to this for the video sake. But Basically I subtracted the 33 from the 25 to find my profit per order which was like around $8. And then multiply that by how many orders we got which was right here, 119. And then this is how much profit we made from those days, which honestly the margin isn't like best. Let me think, let's actually check out the margin. So I think it's 952 divided by this. So it's a 16% margin which isn't bad. But you guys don't really want to be scaling on something like that. Personally I wouldn't long term want to scale on something like that. But like I said guys, I haven't done anything else to optimize the store really. I haven't gotten any card upsells anyone's gifts back end up sells email. There's a lot of different things we can do to add more margin to this store. So this is already a really good foundation and I built this all in three hours in that last video that I posted. So it's just super cool to see that. But basically how I got this quote is I went over to Max. I don't have to do this anymore because I already work with them. So I just got to text them my Slack channel. But you can go over here, I have the link in the description and then you just press get a quote. You got to make an account and then basically you make an account. Then they'll have you import this app right here, Max Drop Shipping. You connect it and then basically they just have access to your store and they'll go in and fulfill all the orders for you. You don't got to do that manually and then they'll bill you based on what the quote is. And so it's pretty simple. It's not too complicated. I feel like if anyone has questions about how to fulfill stuff, just try to do it and then ask questions later because it's honestly not that complicated. You just need to text a supplier and then just get it figured out. But guys, this is the update of the store. I just wanted to share this with you guys really quick. But this goes to show if you guys know what you're doing and you get the timing down. And timing is really important. That's pretty much the main reason why this product popped off is because the timing right before Christmas. So we have that and then also timing of there not being that much competition on Meta yet. So there's a lot of things that go into it. But as you guys can see, we're doing pretty well scaling it here. I don't know if I'm going to continue to scale this product because I did launch a YouTube video. So there should be a lot of people just launching this product and it's probably not going to be something to be able to long run, long term because I just leaked it to the entire universe. But it does go to show guys, you could do this. I literally showed you guys how to do this. I did it exactly. I didn't leave anything out in three hours, which is insane. And we got a store printing. So that's pretty sick. Pretty gangster if I must say. And I don't really know what else to say. Guys. If you have any other questions, please comment them. But I just wanted to give you guys a quick update. If you guys didn't see the last video, I would highly recommend watching that and just going over it. And there's a lot of other things that we could put in there, but the core fundamentals of drop shipping are always what are going to matter the most. So that is kind of what I wanted to get you guys had. And obviously it still works. So hopefully you guys got something from this. But you got a dice store going you guys got to see and that's pretty much it. But you guys, we scaled it to 3k days which is pretty sick. And so I don't really have anything else to say here. But thank you guys for watching and peace.
