✅ Notes from the video: https://gabrielstgermain.com/untapped-dropshipping-markets ✅ eCom Blueprint (paid course): https://bit.ly/2X7kAkW ✅ eCom Mastermind FB group: https://bit.ly/2QgzYHP ✅ Free dropshipping course playlist: http://bit.ly/2SrzILl ✅ Follow me on IG: https://www.instagram.com/gabrielstger Hey everyone! In this video, I talk about untapped markets for dropshipping and how I quickly added an extra $3k/day in sales for one of my stores by expanding to Germany. Germany is just one example of an untapped market for dropshipping. These markets have less competition, mainly due to the language barrier (the majority dropshippers only focus on English speaking countries). Here's what I cover in the video: quick strategy overview, untapped markets with the most potential, how to translate your store/ads, and more. I also take you inside my ads manager to show you exactly how I launched the German store. *** A few important things that I forgot to mention in the video:
– Make sure to research the regulations & tax laws for the country you are selling to avoid legal issues. For the EU, you're legally required to register for VAT, and it's not cheap so keep that in mind as you pick a market. Germany also has a lot of strict laws for eCommerce, so make sure to familiarize yourself with them before attempting this strategy.
– You should charge your customers in their local currency to increase trust. That is why the German store I showed in the video charges in Euro.
– Ideally, you should get your brand domain name with the local extension (i.e. ".de" for Germany, ".fr" for France… etc)
– Even if a lot of the population speaks English as a secondary language (i.e. Sweden, Norway…), making a store in the local language appears more trustworthy & will get higher conversion rates If you want to see a more in-depth case study on this brand, check out this recent video: https://www.youtube.com/watch?v=aK6QyCGt2rQ Thanks for watching! If you enjoyed, please make sure to subscribe, turn on notifications, and comment below what you want to see next 🙂