Started my high ticket dropshipping store just over 3 years.

I sell physical products in the €1’000 - €10’000 range. Commercial a few Domestic products.

The goal was to create a lifestyle business. The first 2 years I was working full time so effort was minimal. Quit my job in year 3 to go full time. I currently work within 9-5 hours. No staff. Just me.

Yearly results so far:

2021: Gross revenue €60’000. Net profit: A few hundred.

Lots of silly mistakes. Undercharging on some products. A few costly once off expenses too.

2022: Gross Revenue €105’000. Net profit: €5’000

Lots of mistakes again. Lots of once off expenses. Lots of work done at the end of this year.

2023: Gross Revenue €248’000. Net profit: €27’000

Seo efforts start to pay off. New suppliers. New products. Good collection of positive reviews. Website looking more trustworthy. Focus more on the more expensive items.

2024: I think Gross Revenue €350’000 - €500’000 is achievable. Net profit: Looking at my numbers €60’000-70’000 seems achievable.

Organic traffic is growing. Lots more products being added. Lots of positive customer reviews. Still lots of new product types to add.

What do people think of these results?