How to Track your Finances as a Dropshipper (easier than you think)

[@Stopitcs]

you are the only person actually showing people what dropshipping is really like love it

[@theecomzone]

Thank you, it's why I started KZbin! Too many scammy gurus or gurus not showing the full picture.

[@theecomzone]

Support the channel by signing up to Shopify with a free trial and enjoy your first month for just £1: shopify.pxf.io/Y9m9AB Watch my videos in order: kzbin.info/aero/PLep-t3wpCPkWSJcyYiFsELQGLn-wzALvX&si=3KMmhSu7__qvmZnY. Schedule a 1-to-1 call with me here: theecomzone.com/

[@LUCKYUSER-o7k]

Hi I hope this finds you well, I gotta some basic query if you don't mind, so, if paypal hold the money that i received from my customer, can I still use that same fund in my paypal wallet to pay to my supplier at the same time? ...right ? How does that work ?

[@theecomzone]

Nope you have to inject money into your bank first as PayPal won't let you use the funds they are holding. It's pretty much a prison for your money until they trust you to not scam your customers. Hence why I say dropshipping requires money now, any guru telling you that you can dropship with no money is lying.

[@LUCKYUSER-o7k]

@@theecomzone do you make payments to your suppliers through your paypal's wallet or your debit or credit card? And What would you avoid?

[@cagriecom]

Hi hope you are well; have a question.Did u had a case in an eu Sale, where the Items were stuck in customs, or ur customer needed to pay custom fees? Just read that items above 150 Euros may stuck in customs. What’s ur experience with that

[@theecomzone]

Yes, I believe over a certain threshold your customers will need to pay customs duty. It depends on what your supplier puts the price down as on the parcel. Are you facing that issue now? It only really happens when you purchase products over £100+ on AliExpress which means you're selling products for £250+ on your store.

[@cagriecom]

@@theecomzone got it, no not yet, I thought that’s regarding the price that was set up on my store. Thank you.

[@jason.l6687]

Simple and useful 👍👍👍

[@theecomzone]

Thank you! Appreciate the comment

[@xon5976]

hey bro love your videos, i just have a question, i dont want customers to see my address and phone number, basically my personal info on my shopify store, where should i look for this and disable it. for example i was testing the sign in account on my store then it send a code, on the email it showed my address and i dont like that.

[@djriize]

@@xon5976 When you get your llc you will get something call a registered agent. Use that address. I got my llc from Bizee.

[@xon5976]

@@djriizeim in canada so idk about that

[@djriize]

@@xon5976 hmm P.O. box maybe

[@xon5976]

Yea ill do canadapost flex delivery

[@theecomzone]

I paid for a virtual address at first then used my accounting firm's address. You can try PO box as well but you can always buy virtual addresses online for cheap.

[@djriize]

When I launch campaigns to Quebec, I have the copy translated by someone who speaks French since that's the official language. When you launch campaigns in other regions, do you get a translator for the copy or use the built in feature in meta?

[@theecomzone]

I don't usually translate my ads but you should test both and see what works.

[@djriize]

@@theecomzone Forsure thanks!

[@cabdiraxmaanismail5216]

hi thank you so much i have a question if i am selling us and i am in uk and my product price is £39.99 how i need to sell in us because the currency is different

[@theecomzone]

@@cabdiraxmaanismail5216 there should be an automatic currency switcher. So someone from the US will see your store in US and pay in US but Shopify converts it to GBP for you. There's a currency conversion rate fee. You can force customers to pay in GBP as well but it's not a good experience for them.

[@sk4nd704]

Do you think going broad targeting is better for a gaming consoles store ? I have tested few interest but CPC was too high due to narrow audience size! now i'm thinking about trying with 2 broad adsets one 4 videos and the other with 3 images and might try one or two interest with larger size max as well

[@theecomzone]

Pretty sure gaming interests are massive, there are so many games and consoles out there that you can target. Aim for at least 20M audience size per adset.

[@Fabio-uh3bt]

Hey, do you know what to do when the facebook ad account gets disabled for unusual activity? I have added a new payment method and they locked up the account and they automatically decline any appeals, theres no way to chat with real people what should I do?

[@theecomzone]

Yeah they always do this, it's very frustrating. I believe you can chat to real people here facebook.com/business/help. You need to be logged in and you should have a start now chat button top right.

[@rugbyguybean14]

How did you go about finding an accountant in the UK? Did you find them online? & Would you recommend a specific e-commerce accountant? Cheers

[@theecomzone]

I just googled mine and found their contact details. Called them up and asked questions related to ecom and dropshipping. Ask ChatGPT what you should ask an accountant when hiring one. Best to find your own with this method.

[@rugbyguybean14]

@@theecomzone thanks for the reply! Would you suggest finding an accountant before starting or try and make some sales first?

[@Fabio-bq7ww]

Hey, how’s it going? I’m Brazilian and really passionate about the digital market. I’m eager to learn more and start earning online. I was wondering if I could work with you-I wouldn’t charge anything, just work for the experience. I really want to get into making money digitally. Could you help me out?

[@theecomzone]

Sorry bro, I don't have any jobs. Maybe create an UpWork profile or reach out to people on LinkedIn