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Getting Luxury Car Worth Of Money In 7 Days: Alex’s $100k/WEEK Story

By Eugene S.

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Have you dreamt of a big income? Let’s say…$100k a week? Today’s article case study revolves around a simple guy who decided to see if his wild thoughts are actually achievable (they were). Keep reading to learn more!

Alex Logan, a working-class guy from Europe, but in 2019 he decided to change his life. Unhappy with his life, he delved into ecommerce looking for better earnings. Today he’s a dropshipper with a revenue 107 thousand euros a week (428k a month). He doesn’t plan to settle down till he earns 1 MILLION a month.

107k a week

Having seen a lot, Alex Logan doesn’t seem to hold back when it comes to spilling the truth of the industry. Good for him, because there must be people who set standards for others, otherwise the entire industry would crumble and those who want to do genuine, hard work will have to struggle because of the things they didn’t do.

Alex talking ish

Let’s look at his persona and see what it took him to earn an equivalent of a luxury car a week.

Who’s Alex?

Alex Logan is not a new figure in the dropshipping industry, yet his growth is immense. On his X account he doesn’t only make jokes and show off his personality, he also talks about dropshipping in the EU.

European Union

It used to be normal to pick the United States as a target market, given that it’s the richest country in the world. Great idea, but sometimes a bit of research will reveal that focusing other markets will make running business easier and more profitable.

Why enter a market with a product which everyone sells if you can focus on some other country and enjoy a wild flow of sales? That’s what Emal did, check out his dropshipping in Germany story!

What on earth does he do?

Alex is focusing on Belgium and Netherlands as his main markets. Those countries have good economies, less population than in the USA (30 million), but that doesn’t stop Alex’s profits.

So, the first point to learn is to work smart, not hard. Don’t follow the masses, do what you think is right. Not only do you need to find a niche that you genuinely like, but also know in which market the very niche is not occupied and you can succeed.

man thinking

You don’t buy any stock when you do dropshipping, so shipping to faraway countries is not an issue. Ship out products to anywhere in the world, just tell your supplier where and they’ll handle it all.

Where did he fail?

Not everything is sunshine and unicorns. Alex lost over 20k euros testing out the fashion niche in his markets. Gotta respect his honesty and authenticity. Not every day you see people online show their bad days. Everyone fails, that’s a normal part of growth!

Alex's fail

By the way, just because he had some problems dropshipping fashion goods to the Belgian and Netherlands markets doesn’t mean the fashion niche is bad as it is. We have no idea what kind of fashion products he worked with. Women’s, men’s fashion? What ages did he work with? Was it apparel, accessories, or shoes? That is a mystery.

With that being said, market research is vital. Before choosing some niche, you gotta break it down into pieces. Maybe some subniches won’t be profitable, and others can bring a ton of money. You never know unless you do a deep market research. Devil hides in details, that’s a fact. Have a very close eye on every single piece of information.

$200,000+/mo niches

Finding the best products to sell is very important. Pet niche gave Alex the success he shows off on his social media. He stresses that there’s a big demand for these products in Belgium and Netherlands, which brings high incomes, thanks to high quality of products and their versatility.

cat and dog

Walking culture in Europe is big, and their people love to walk around with their pets. One thing leads to another and that’s how Alex makes his good money.

Recently, Alex managed to earn 23 thousand euros in ONE day.

23k a day

Over a hundred thousand in a week.

107k a week

Told you, pet owners never skimp on their fur friends!

Keeping it real

By the way, Alex has a lot to say when it comes to dropshipping. He’s openly blasting people who stick to unethical business practices and honestly…that’s good. There can’t be growth without uncomfortable conversations and some criticism. Dropshipping is still a business and should be taken seriously if one is looking for stable business.

Alex talking ish

What is a bad product, though? For customers, a bad product is the one with low quality that doesn’t last.

But do you know what a bad product for YOU, as a seller, is?

First of all, just like for your customers, your enemy is a product of bad quality.

You want your customers coming back to you. How to ensure it? Easy. Just offer good, consistent, decent quality products which solidify your reputation as a seller.

master card

Secondly, if you want to offer affordable goods from AliExpress or Alibaba, look at the ratings of suppliers. There has to be at least a 4 star rating which proves that the supplier is a good one.

Pay attention to the communication style of the supplier. Good rating but takes too long to respond? Vague responses? Rude? Not informative? Find another supplier, you can’t risk your reputation no matter how good margins are.

Also, you need a supplier who responds quickly and informatively (in case of emergencies or returns, you can’t afford to just sit there and make your clients wait).

men talking

As a seller, you might wanna sell cheap products for that extra profit margin, but that’s a beautiful trap. Yes, you will get a high profit one-two times, however, not only will your customer won’t come back to you, but also talk badly about you. Reputation losses are money losses, keep that in mind.

A bad product for you is a product with low profit margin. To get enough profit you’ll have to sell a lot of them, and you’d waste a whole lot of time and effort for little outcome. You have to find that golden spot between profitability and quality of your product.

Normally, 20% margin is good, 10% margin is considered ok. Anything less is low. These numbers may vary depending on the niche, but take it as a rule of thumb.

High profit margins are easy when selling luxury goods. And yes, you read this right, you can dropship luxury goods! They’re great not only because of wild profits (up to $5,000 per sale), but for other reasons.

When you sell luxury goods, your average order value is exponentially higher than if you sell cheap products. When rich people buy luxe goods, and they don’t really worry if they spend extra hundreds on something that they like. They splurge on good stuff, and you want to give them exactly that.

Also, selling luxury products means a good reputation for you. Expensive goods are usually of good quality, which means your clients will be satisfied and will come back to shop from you!

handshake

If you worked in retail, you also probably know that clients with money are less problematic. They pay for experience, good products, and they don’t care about the price. They don’t give you a hard time for nothing, they just put in the card and go on with their business.

Their minds are busy with other things, and they just don’t have time or energy to give you a headache.

businessman

Selling high-ticket products means more profit, more rich clients, but with less hassle and issues compared to normal dropshipping. Check some out!

7 High-ticket products with margins up to $5k

Fully Automatic Cat Litter Box Smart Cat Toilet

cat litter device

  • Original price: $1,107.49
  • Your price: $2,199.99
  • Profit: $1,092.50

Modern American Style Wicker Rattan Outdoor Dining Set with Glass Table

rattan set

  • Original price: $4,777.49
  • Your price: $5,099.99
  • Profit: $322.50

Scandinavian-Style Retro Wooden TV Stand

wooden tv stand

  • Original price: $2,773.49
  • Your price: $3,870.99
  • Profit: $1.097.50

Elite Outdoor Gas BBQ Grill

outdoor bbq grill

  • Original price: $1,898.65
  • Your price: $2,999.99
  • Profit: $1,101.34

Luxurious Bubble Cloud Sofa

bubble cloud sofa

  • Original price: $2,100.00
  • Your price: $2,699.99
  • Profit: $599.99

Circular LED Flame Lamp

flame lamp

  • Original price: $1,496.49
  • Your price: $2,549.99
  • Profit: $1,053.50

Riflescope RS2 Thermal Imager: Clear Vision for Night Hunting

riflescrope

  • Original price:  $1,270.95
  • Your price: $2,738.99
  • Profit: $1,468.04

Sell these and other high-ticket products for a big profit and elevate your ecommerce game to a whole other level. Our team of researchers has done a deep analysis of what’s hot in the market so you can save time on finding products, talking to suppliers, and doing other research yourself.

All you need is just import products of your choice to your online store and enjoy the flow of money.

If you don’t have an online store but are interested in starting one, get a turnkey online store which will be made in accordance with your visions and interests. Sleek design, easy interface, and a pre-filled catalog with products of your desired niche!

Whatever path you go, AliDropship has your back 24/7.

Take your business to a new level selling high-ticket products with AliDropship, or get a turnkey ecommerce store if you got inspired by this story! High-ticket products will bring you profits and your customers and excellent experience which will keep them coming back for more. 

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By Eugene S.
An International Relations graduate, Eugene found his true calling in marketing and education. Equipped with extensive experience, he is here to create engaging and exciting content, making other people's lives better.

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