How To Price Your Products For Profit in 2024💰[Dropshipping]

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In this video, I explain how to price your products to ensure profitability when dropshipping.

I also share the equation that I use to determine how profitable my products are BEFORE adding them to my stores.

Here is the profit margin example from the video:

MAP = $1,000
*.97 = $970
- COGS ($500) = $470
- AVG Shipping ($150) = $320

We then factor in if we're going to spend money on ads, and how much we can spend while still maintaining our profitability.

If you got value from this video please give it a like and comment "PROFIT" below!

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Anton Kraly is a serial entrepreneur with over a decade of experience building online businesses, including Drop Ship Lifestyle, the “Best eCommerce Course” as voted by Shopify. He’s helped over 10,000 students find freedom through entrepreneurship.

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