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Top Ecommerce Experts Q&A | With Gretta Van Riel | FOUNDR'S HUSTLE 013
and I remember we had the notificationson our phone for Shopify and you canhear that like touching and it was thebiggest high-five in the world it wasthe probably one I would never forgetthat feeling and then we didn't get asale for in two weeks so I was like wehad one sale I didn't ever thedriver's-side over two weeks because ourwebsite shut down or something like that[Music]she's using a microphone can everyonehear me amazing all right welcome ladiesand gentlemen to our start and scaleevent here in Melbourne my name is LauraI am the customer success and communitymanager here at founder and you guyswill have the pleasure of listening tomy voice on and off throughout the nightas emcee we have an incredible panel offour ecommerce entrepreneurs joining ushere tonight to discuss and provide someinsights and tips into growing yoursales online the topic that got the mostvotes by far in the Facebook group so todiscuss strategies and advice onincreasing e-commerce sales please joinme in welcoming our panel guests we havegreta van Riehl Rory Boyle Rob Ward andJames Hachem[Applause]so I'll give you a quick introductionfor those because I know we have acouple guests here tonight give you aquick introduction to our panel memberstoday so at the far end we have a gretavan real greta is most of you will knowi know it's a lot of whoops in theaudience very popular so as most of youhear when they're greta is i start andscale course instructor and one ofAustralia's top serial entrepreneurs soGreta has been recognized as Forbes 30under 30 class of 2018 the variouscredits instructor and has founded notone not two but five multi-milliondollar companies including skinny meatyhey influencers skin talks drop bottlesand the fifth watches[Applause]all right next to Greta we have RoryBoyle from the land room of EssendonRoryalong with his brother Nick have becomemasters of e-commerce and b2b growthmarking through the gifting companyhampers with bite after years of ahundred percent year-on-year growthselling a hamper every 20 seconds duringpeak periods has become the norm it's nosurprise then that Rory has become anauthority on mastering the art ofcorporate thank yous and stopappreciation it's Rory[Applause]next to Rory we have James Hashem Jamesis the co-founder of alia AlyaI got a rut you know I didn't go towrong a liya skin Australia a Melbournebased ecommerce brand in the beautyindustry since launching 14 months ago alion skin is now sold in 1,500 storesglobally and has already earned sevenmillion dollars we're gonna my numbersout of date James they're correctawesome and last but not least we haveat the very end here Rob Ward Robert isthe director at anacs products TheMelvins start that was created off theback of two very successful Kickstartercampaigns back in 2012 over the yearsRob has amassed a number of awardsincluding the power retail top 100online retailers in 2017 and the Shopifybuilt a business competition back in2011 Robwhat'd I tell you pretty incrediblepanel huh so to start off what I'd loveto hear from each of you about somethinga lot of people here have had butpossibly also something many people arestill working towards your very firste-commerce sale so let's move from leftto right that's rightstarting with Greta tell us about yourvery first sale handed over Rory uhsorry after sale was back in May 2012for anyone that's done the courses maybealready a slightly familiar story so welaunched will we being me at the time Idon't say me only now because I have anincredible team I launched skinny meatyon the 22nd I always get confused aboutthis as well and I have a dispute withmy team constantly whether it was likethe 20th 21st or 22nd somewhere mid toearly Maywell mid to early 20th of May so welaunched skinny means he back in Mayaround the 20th and I put the storeonline overnight and I'd created anInstagram account around the store and Iwas like yep hopefully you know thiswill be an easier way to kind ofconsolidate sales and already beenmaking off friends and family and theywere starting to get a little bitoverwhelming because friends had triedthe tea and then their friends had triedthe tea and then their friends had and Ithe reason I had so it's quite a widelytalked about story especially withinfounder I started with $24 in the bankthe reason I had 24 dollars in the bankwas because I'd been spending everysingle dollar that I had on making allof my friends and then their friends andthen their friends of friends and theirfamily and whoever else had asked methis tea and it was getting reallyreally expensive and I was like God howdo I like start asking people for moneywhen I've already just been doing it asa gift and so I googled how to create ane-commerce store Shopify came up and Icredit a store using Shopify prettyquicklyI think the tool was a little bit moresimple back in 2012 but it took me Ithink around eight hours on a Sundayjust smashed it all out watched a fewtutorials and was like cool stores upstores live posted to Instagram went tobed woke up and we had four sales thenext morning and the cool part was theywere two people I did not know at alland I was like wow like well my firstthought was like cool like I have a tinybit more money in my bank account nowthat's great I'm not just waiting untilpayday again and the second thought waswow this could maybe be something but Ididn't even let myself really think orfeel that at that stage I was like nolike stay calm it's everything is normallike just focus on your job you're verylucky to have a job like all as wellkeep going and yes so that's kind ofwell that was our first for sales exceptit was like I valued them all as thefirst sale so yeah it was a fun timeyeah it's easy to forget that youactually started offline sales I said abusiness oh yeah I don't really everthink I'd be successful so I startedwith my brother and we just threw ittogether he was a truck driver used towork and tell him marketing I come backfrom the UK and he said listen let'sgive this thing a crack it was prettyyoung and I was a bit of a loose younerd and I just sort of thought I willgive it a crack but I honestly deep downdidn't really think it was ever going tocome off I just thought I will try itwe'll give it a crack of is fun to saywe tried a business and remove it afirst sale coming coming through and Iwas like I can't believe someone boughtthis you know and I learned from the soyou get maybe confidence in a second andthird so I come in a four so coming in Irealized we had something a little bitit took longer to we really I realizedwe've really had something but it justgave me that a little bit of self beliefbut to be completely on a spinet when westarted I my expectation I guess maybeI'm a pessimist at heart but was justlike we're not going to sell anythingthis is gonna be a flop and you know itwas just a it was a really reallypleasant surprise when I saw that'sfirst I'll come throughthat was pretty cool thanks Rory I thinkmy story's a little bit different toRory's when we first launched six toeight months ago many many and I mybusiness partner we're a little bitoptimistic probably too optimisticwe found Nick Shackleford I'm not sureif any of you know him who's one of thebest Facebook buyers in the world and Iremember he asked us he was running ourads and he said to us all what do youguys want to do in the first month andManny and I were like 1 million and hereplied and he was honestly shocked tothe point where he didn't want to runour ads anymore because he thought whatwere the most unrealistic delusionalpeople in the world so anyway we welaunched the business on a ham X becausewe couldn't really afford to buy thestock for sure and we we database Idon't know maybe a thousand influencesjust on Instagram and we didn't run anyFacebook ads and I think it was likefour days in and we finally got our ourfirst sale from from an influencer codeand I think the room was probably thesize of this this stage yeah with thisagent or no windows and I remember wehad the notifications on our phone forShopify and you can hear that liketouching and it was the biggesthigh-five in the world it was theprobably why I'll never forget thatfeeling and then we didn't get a salefor in two weeks so I was like we hadone sale and another good I was over twoweeks because our website shut down orsomething like that so was it was stillone of the best experiences but yeahthat's that's our story cool I was goingto say our first sort of sale of a realreal ish ecommerce product was when wecrowdfunded the open air on kik sitewhich is the first Ozzy crowdfundingproduct but then I just remembered thatactually before that I had I had anotherbusiness I found it which was a lasercutting machine business these lasercutting machines that we sort ofredesigned brought them in and startedselling and that that was going quitewell and at the time I remember it wastwenty I think is like 2010 and I seenon Facebook you know the little used tobe like thisa little thumbnail and a little bit ofblue text and a little bit of black textnext to an ad and it was only in theright hand no in feed no anything backthen and I remember seeing that andthinking I I wonder it seems stupidnow I wonder if people would like clickon the ads on Facebook go to ane-commerce site and buy a product whichis ridiculous and so that night Idesigned this little tree was laser-cuttree jewelry tree and cut them on thelasers that we had and and then the nextnight I set up a WooCommerce econwebsite just with the two trees and itwas close to Christmas time set theseads running and just made all thesemassive assumptions about you know womenand their age and all this stuff and putthat in there and yeah went to sleep andwoke up and had like 20 sales of thistree and I was like tiny little ads andby said and and then once we did that Ihad to cuddle the friggin trees whichwas a nightmare so I shut the site downand started thinking man I need to likethink of something that I can make fastthat I can ship easy because they wouldnot matter ship I ship them all they allbroke nightmare I end up driving them topeople's houses and stuff made no moneybut I thought if I can make somethingthat is easy to make got good margineasy to ship it could be something inthis e-commerce thing yeah thanks forsharing guys and I guess it just comesto show you that like even intrapreneurswho are crushing it now all startedsomewhere yeah I'd like to even panelhow would you increase sales if you werea beginner do our course take thestarting scale courseno um I think the main thing when you'rea beginner is just it's a lot of kind oflow-budget activities you have more timeprobably than maybe the people at themid-level and Ohio kind of level andit's just kind of trying differentthings to begin with so everyone knowswith a lot of different channels a lotof different social media channels andthen there's organic and there's paid oneach channel and I think as a founderand as an e-commerce founder early-stagethe best thing and Nate says it's a lotis just throwing things against the walland sting seeing what sticks so and outof the things that do stick it's justfocusing in on one or two of those soit's not necessarily thinking that youneed to you know be doing like a littlebit of everything because that'sextremely overwhelming like it's veryoverwhelming and I'm sure withinstarting scale as well there are so manydifferent tactics there's so manydifferent things you could focus on thisinfluencer marketing you know there'slike there's paid there's social there'slike email marketing like it's a lot tothink about but it's just finding thethings that do kind of move the needlefor you and you can only really findthat out once you've launched like themain thing the only time you can test isonce you're actually really doing thingsbefore you've launched your mainindicator of success or growth is goingto be signups so how many email signupsyou can get so if we're pre-launch andwe're at the beginner stage and wehaven't even launched out anyone in theroompre-launch hands up right heaps that'sawesome so the main thing that youshould be focusing on pre-launch thewhole reason that you're building asocial presence like the whole reasonthat you're trying to get your brand infront of different people and trying toyou know maybe partner there's someinfluences maybe partner with some othergreat brands in the space is so that youcan build your email database I cannotstress enough how important email stillis it is our number one channel if likeif all that Instagram accounts gotdeleted if all of my breach gottomorrow it would affect me so much lessthan if my email databases were deletedtomorrow if I had to start from scratchfrom an email perspective well-liked andat the same time email is still quite avery like it's a very owned channel likeyou guys own your own email data theonly things that can change our buyerbehaviour so people using email less andmaybe moving toward text or whateverelse and like what all those messengerbot companies make you want to thinkthat like everyone's moving to messengerforget about email like everyone'smoving to SMS forget about email SMS isvery invasive and messenger is hit ormiss so email is still like should bethe main thing that you're trying do youguys agree like Oh insane and it's justfor long receiving a text from a brandit puts me off a lot of the time ratherthan being like yes I want to do thislike certain customers it's great tohave that at the same time like the youknow they're I pay sales and things likethat it's fine to do but like mass SMSblast outs if you're collecting phonenumbers as opposed to emails it's it's alot from an early stage company like inthe early stage you have to rememberthat these people are in like the coldstage they don't understand likenecessarily who your brand is and you'relooking to build trust with those peopleso a really really great way to convertcold traffic is to be able to have themon your email database warm them up kindof nurture those leads and you don'thave to pay I mean you know of courseyou pay your email provider a certainamount each month if you're using likeMailChimp or if you're using campaignmonitor if you're using klaviyo X Y Zedplatform you're of course playing toaccess that but at the same time you ownthat database yourself and if ya you arein pre-launch your number one metricshould be how many emails you cangenerate before you're ready to launchso even at the fifth we ran our businessvery much like a pre-sale model eachmonth so because we only sold on the 5thof each month or 5 days the other 25days would basically be spent inJen look I'm happy to jump in okay umit's a different spin on what Grettasaid so if I was to go back in time andan approach what I'm gonna do from zeroto $100,000 what would I do like I wantto learn what my customer wants whattheir demand what the most publicproducts are so the quickest way to dothat I'm not the most profitable way butthe quickest way to do that throughGoogle AdWords I believe now that'swoken up assumption you sell a productthat has an exposed audience so ifyou're selling a product it's completelyforeign to the market it's a completelyinnovative no one knows that a differentsubject will work on a presumption thatyou're selling shoesthen everyone selling shoes if peoplelooking for shoes so what I would do andwhat I would do retrospectively what wedid do is spend those early days lookingat bidding up on Google Adwordstrying to break even didn't matter if wemade any money but if we learned somereally really important stuff duringthat period so we didn't Google AdWordsand we'd find out one what are mostpopular sellers were – what are mostpopular keywords were it's reallyimportant to know that so you want toknow what keywords convert into youbecause at this point it's here at ahundred thousand you want to start yourSEO strategy so you need to startdiscovering what keywords are the onesthat convert best to you and SEO is aslow burned six to 12 to 18 months sothis is the point where we start todiscover okay what are the keywordswe're going to invest in because ifyou're guessing the effect you're notgonna get it right you need to get realevidence before you start putting moneyinto six twelve months worth of GoogleAdWords so SEO so what you want to do isyou want to just feel the cycle you wantto start putting you guys under pressureyou want to start testing withdistribution means you want to startstart really just feeling what it's liketo quickly run a business and work outwhat's working what's not you soon get achance to correct the problems andimprove the pros along with that ifyou're going to spend money on GoogleAdWords there's some really simple waysto try and convert the most out of thosevisits that you're gonna get and that'sjust ensuring when someone visits thesite you do your utmost to keep them soif the exit you got an exit couponyou've got a live chat that's trying toengage people instead of purchase you'vegot a email marketing automation plan ofsomething like klaviyo which is anamazing product youfive emails of someone abandons a cardif someone jobs an email in at somepoint during their journey you know yourhassle and so they buy and we just startsort of building those early structuresto enable you to sort of get theinformation you're gonna need to getfrom a hundred thousand to a million andthat's if your priority is to get tothat point but if it is that I thinkzero to 100 is more about learning thatis about profit and it's more aboutbuilding a strategy that are going toget you to a hundred to a millionbecause there's a hell of a lot ofinformation to learn during that perioddo you guys have anything burning thatyou want to add for this stage at thebeginner stage we do have time if youkeep it short and sweet otherwise and wecan move on to the next one but justjust keeping a short and sweet somethingthat worked really well for us and thatI love to let people like you know ismicro influences something that doesn'tcost so much but you can really get yourproduct out there quick especiallybecause I think people underestimate thepower of micro influences people get toocaught up in spending money on macroinfluences five thousand ten thousandtwenty thousand dollars when you cansend out almost to ten thousand microinfluences for the same price and evenif a female or male is only got twothousand three thousand followers theirfollowers are like real like that theyalmost trust what that person is postingabout so yeah it's it's a cheap way ofdoing it and it's also an efficient wayof doing it so yeah good insights guysso what I took from that was make sureyou focus on growing your email list geton to Google Adwords if it's appropriatefor your business use micro influencersand chat to your customers all rightlet's move on to intermediate so we'retalking about someone who might havebeen operating for a year or so whoprobably have a few members on the teamby then and are doing between a hundredgrand to 1 million a year how'd you growsales at this point I said early stageit's about kind of low-budget activitiesthis is where you actually kind of havea bit of budget behind you and you canbegin to scale soit's a you know it's a really excitingtime for a lot of people it'll be thefirst time that they've seen money likethat like I could not believe like whenwe started making sales that and whenwe're growing so quickly I'd never likeseen money like that in my life I camefrom I don't have like a wealthy kind offamily backgrounds I see some of thelike comments even in the Facebook adsfrom founder that it'll like yeah thatshe's like you know a privileged whitechick that probably came from like moneyalready so I don't really care about thesuccess she had my mom raised me onbasically a single parent income minimalchild support on around $30,000 a yearand never made us feel like we werelacking in anything I've net I justcould not believe it's an incrediblefeeling when you do start to kind ofprovide for yourself and you can dothings like I put money into you know myparents super accounts and I helped youknow it like you can help pay off bitsof your parents mortgage and things likethat it's just like it's the mostincredible experience and rewarding timeso again the beginner time is incredibleand exciting because you're getting tolearn you're getting to chat to everyonethe intermediate stage it's like wallthis is what money looks likelike what do I do now how am I not goingto let all of this kind of go awaytomorrow that was my biggest fear whenwe got to that stage every night I go tobed and be like shit's like it's been agood run great oh you've done well tothis point but tomorrow you start againhow are you gonna do it like I wouldliterally every night be like you'redone like good good go good try butlet's see what happens so at that stagethough to make sure that is kind of notthe case it didn't end up happeningthank God I still you knowoh no I'm less worried about it thesedays but the main thing that you want tobe doing at that stage is starting toreally scale so in the early stages youwere doing kind of low-budget activitieslike organic social and like collectingemailsthe things that you know you don't needto be charged a lot of money bydifferent platforms and different youknow marketing organizations whateverelse the next stage you want to befocusing more sir on your paid ad spendso whether that again like you couldstart earlier stage of course with paidand that's more than fine just yourbudgets they're going to be a lotsmaller but it's going to scale thingsfrom the step one that James is talkingabout like micro influences through tomaybe some mid tier influences and it'sjust starting to put a bit more budgetbehind the things that you were alreadyfocusing on so I think that it's animportant stage in terms of scale likewhen part one was just more so findingout what worked and focusing on a fewchannels part two is kind of focusinglike gnashing down and focusing onputting scale behind what you're doingso whether that's paid ad spend andwhether in part one I remember I made afew notes on this so I was like part 1part 2 part 3 part 1 would moreso bepaid ad like very targeting via Googleand via Facebook that is like the lowesthanging fruit like in the beginner stageyou definitely want to be very targetingthe customers that have visited yourpotential customers that have visitedyour website with paid advertising parttwo is moreso creating a paid ad funnelso a funnel basically is and it's itsounds scary to people is anyone in theroom not sure what a funnel is I wouldnot have raised my hand like but I thinkit took me quite a while to work outexactly what that was like a funnel iscalled a funnel because the mostcustomers come in through the tub themiddle has a second stage of customersand the bottom which is the conversionstage has the least and that's why it'sshaped like a funnel like an upside downtriangle so at the top comes through ourcold traffic and that's the awarenessstage in the middle is warm and trafficand that's the consideration stage andat the bottom is the conversion stage soat the top at the awareness stage youwant to be introducing your brand toyour customer so an incredible thing andsomething that everyone in this roomshouldfocus on if you're in the kind ofintermediate stage should be those kindof Mashable style Facebook cards James Iknow you guys know them very wellthrough Nick shockyou know the they've got a caption thatformula basically goes like there's ahook and there's some social proof andthen it goes through to productprofiling kind of like what the u VP ofyour product is maybe some cattle 3ddrawings of your product back through tosocial proof again and then your offerso that's the basic structure ifanyone's in the Stantons girl group I'vespoken a few times on this in ourfacebook lives but that's the basicstructure of one of those Mashable stylevideos so that's at your awareness stageyou're introducing cold traffic quicklyto your brand as fast as you can andhopefully that little video will getthem across the line to buy if itdoesn't get them across the line to buyyou move into the consideration stageand at the consideration stage rememberI'm moving down the funnel I'm trying soI'll blend this the most people thatsaid there's a hundred people there thenwe move into the consideration stagelet's say fifty people made it throughto the consideration stage and thatwould be a huge conversion rate it'sprobably like ten people made it throughto the conversion I mean theconsideration stage I'm jumping ahead inthe consideration stage what we want tobe doing is building trust so thesepeople are thinking like why would I getmy credit cut out and buy from thisbrand like I understand you know a bitabout them I understand what they'reselling I know what their product is butwhy would I jump in and become acustomer and the main thing that youwant to be using here is social proof sothat could be again if you're a coursestudent very watch the marketingpsychology lesson and that will bethings like website reviews that will bethings like influencer feedback it willbe things like user-generated content itwill be things like positive PR for yourbrand anything you can draw out liketestimonials if your first stage getliterally three friends to review yourproduct for you honestly like they don'tneed to pretend if that's not the casecut out the ones that didn't but honestreview your products for you and you canuse that in your testimonial stage sothat's in the middle of the funnel andthe bottom of the funnel is theconversion stage and that will very muchbe driven by your offer so things likeit might be a money off of us so I thinkit's really refining your funnel at thatstage it's making sure that people atdifferent stages of the funnel areseeing different content so at theawareness stage they need to be aware ofwhat your brand does how your productworks how it all functionsconsiderations stage just to recapsocial proof and conversion stage offerI'll be pretty concise here so welearned some stuff from 0 to 100 wouldwe learn we just that our product outwe've got it out there we found out whatpeople wanted to buy what they didn'twant to buy what keywords confirm whatkeywords don't convert so first up whatwe learned it's 0 no 100,000 I'm gonnastart investing in SEO because SEO is along strategy it's a long game and weneed to know what words to be investingin so we were better to 0 to 100 so wefound out what keywords convert for usso now we're employing somebody toensure that we rank for those keywordssecondly we want to start tighten up theship so we tested them stuff out at zeroto 100 now at 100 to a million we wantto ensure that we're really concentratedon one of the main metrics or bet threeor four the main metrics that basicallydefine your success I mean you can lookat a whole lot of different stuff butfundamentally the lifetime value of thecustomer the average order value of thecustomer the conversion rate and anyreturn on advertising spend now we startreally focusing on those simple numbersand we keep trying to improve them so wework on our conversion rate and we lookat our side of my sock I got a hundredvisitors last month only so manyconverted maybe we get some outside helpmaybe to some rating and we work outwhat we need to do in our site to ensurethat would convert more than 4.1% weturn it to 4.8% or even or devalue $120we're making $30 our lifetime value of acustomerbibble are on average a perch in 1.5times we want to make them purchase 1.8times you know return on advertisingspendingx 3 1 mega x 4 she just broke up eachone of those categories and you find away to ensure that you're improving amall if you move at all or most of themthen you're in italy enviably besuccessful it's about as simple as thatif you can get positive results on allof those factors then you will do betterand I would say at their hundred twomillion dollar mark that's the mainobjective we're going to enter a SEOphase and we're going to concentrate ona fundamentals to ensure that we'recapitalizing every dollar we spend thevisit our website and getting a verymost out of them and to get the most outof it we concentrate on those fourmetrics you need to break it down it'sreally simple just concentrate on eachone individually that's been I think forme trying to pick some different butgoing off what Rory said is it's a goodtime to know your numbers becauseespecially you've got a physical productit's really easy to run out of cash soyou want to know that sort of uniqueeconomics because when you're probablyleading up to $100,000 sales even if youget it wrong you've got enough time toget it right things don't go out ofwhack too quick but when you start toscale that little bit if you run out ofmoney and won't like kill your businessovernight so I think you know reallyknowing your numbers around what itcosts to make something what it costs tosell it and what it costs to get it topeople and at the same time in this inthis period depending where you're atcustomer support and like systemisingsome of this can be really importantbecause if you're trying to grow abusiness you don't I mean you've got tobe you've got to be worried about thecustomer all the time and the customersfirst but you you can't be spending allyour time helping a customer you've gotto make sure that you're there havingpeople doing what you would do whileyou're growing your business so I thinkat around that time is a good time tomake sure that you start to dial in someof those some of those procedures andsome of that you know important stuffthat you need when you scale let's moveon to advanced so thinking they've beenoperating for a couple of years nowthey're doing onemillion plus a year for us was aboutscale through macro influences westarted spending we started budgetingtwenty to thirty thousand a month onmacro influences but not it wasn't somuch about followers it was more aboutinteraction and I think if you're goingto scale influences that's what you haveto look at you can get you can geteasily fooled by how many followerssomebody has but at the end of the dayit's about conversion and about theirinteraction so we started working withAustralian influences to start and thatthat's how we kind of grew as as acompany where we focused on territory sowe would focus on Australia Canada andNew Zealand and they're the they're thethree territories that we focused on ata time rather than rather than trying toexpand too quick we didn't get ahead ofourselves we really narrow down onAustralia New Zealand and Canada and wealso use those influences to be able toscale facebook ads snapchat ads andGoogle ads and retargeting we startedspending a lot of money we would let outwe would let our Facebook guys know onceinfluencer was about to post so theycould get ready to to increase thebudgets of spend and it became once youhit 1 million plus I think it comes getsto a certain point where you startthinking about volume and you startthinking about if you really believe inyour product you want to get yourproduct into as many people's hands asyou can so at the start we were probablyworking on a 3x or 4x ROI but now it'snot as high but our volume is increasedso much and I think to scale that has tohappen and you have to be able to livewith that you have to you have to beable to say I was making 30 percentprofit on a sale now I'm making 20% butnow I'm doing 500 orders a day ratherthan 100 orders a day and I think onceyou come to terms with that and youreally believe in your product and knowthat eventually those people will comeback and buy then you you'll be able toscale and start spending as much moneyas you can on on those differentchannels ok system this goes our incertainly intelligence so I'm going tobe the wet blanket of the group herehaha I wanna talk about the realities ofbeing successful and get to the nextlevel and to be honest a lot of it comesdown to discipline so I'd sayfundamentally we've got to the pointwhere we're turning over a milliondollars we've acquired a quite a numberof customers every time we acquirecustom we pay something to acquire theircustomer it's expensive we might breakeven on a first order make a smallprofit so fundamentally your lowesthanging fruit is getting that firstcustomer that you paid for to come backa second third and fourth time so it'sabout email communications to ensurethem that you you know you get them backwith a compelling message then a goodquality product that'll be your greatestopportunity of profitable growth secondit's about concentrating on thosemetrics I know I said it the first timeand I'll say the second time growth isreally important but growth as aprofitable level is also incrediblyimportant so we continue to concentrateon improving those metrics improving howmany people are appealing to but thenensuring that we we convert those guysat a profitable level you know growinggeographically is obviously a greatopportunity but you know you've got tobe very conscious about the fact thatyou know if you're if you're making goodprofit and you've got a good businessand this is what you want then we're notall going to take over the world that'sa reality of it there'll be some of ushave which is happy to run a reallyprofitable business that's really goodand runs in Australia and it's makingmoney a lot of money can be beenoverseas so again I want to be the wetblanket but it you know it's a game ofinches running a business it's reallypicking out the the granular elements ofrunning a business so I've got awhiteboard at work and at a whiteboardit's ioveiy average order value what wasit this week what was the next week whatwas it the next week the lifetime valuemy customers I go back 18 months Idivide how many customers I serviceddivided by what I turned over I work atmy lifetime value is and I keep tryingto find ways to increase that my returnon advertising spends I'm constantlyrevising copy and shot constant newvariety ways to improve that you know myI'm constantly split testing what I dowith marketing automation itjust constantly looking at thosegranular you know fundamentals that ifyou continue to to improve and youcontinue to be more profitable it willgive you more cash and will give them anopportunity to create opportunity sothere is a million amazing things outthere go into us do another schoolwhich is great but we'll never won't beable to do it what we want is a businessthat's going to pay the bills it's goingto nail us to grow and be successful andstaying at 4 5 10 15 16 20 years andmake profits so to do that that I thinkthe fundamentals are to concentratethose major factors and great thingswill happen once we could days undercontrol and that's just my opinion it'scompletely subjective but um I thinkfocus should be put on the fundamentalsto be my section uh extra points Ihaven't won yet extra fine anything youcan fit into a couple sentence okay acouple of sentences I'd say at thispoint like okay step one we were testingthings we were learning thingsstep two we were scaling and we weregrowing through scaling step three forme at least like I know everyoneachieved a million dog the milliondollar mark at different points I thinkwe made around a million dollars afterabout six months of our business so bysix months we were doing around sixhundred thousand dollars a month and itkept scaling so the previous monthobviously had been a lot slower up tothat point so I'd say by about sixmonths we'd done over a million dollarsin revenue at that point did Iunderstand that that is what I needed tobe optimizing so I know you guys mayhave done that earlier on as well andreally kept a great eye on those metricslike up to that point to us at least itwas like unbridled growth it was justlike I don't even know what's happeningI remember going into a meeting afterseven months with our accountant and hewas like Greta like what are you doingand I was like I don't know all I knowhow to do like the only thing I know howto do is saute like I don't know like Ihonestly felt like I didn't even knowwhat was going on like it tookme quite a while it took me gosh atleast over a year cuz I remember when wewon the Shopify builder businessI was interviewed for the first coupleof times extremely publicly by like TimFerriss and whoever else and I was justlike pretty overwhelmed and they wereasking any questions and I'm like I'mnot really sure like I'm not sure howwe're growing to that point I thinkthose conversations and conversationswith the other winners who maybe ourproduct was extremely trending like wewere very I don't like the word luckyI've worked very very very freaking hardat this so I was not lucky but I wasvery fortunate to find a product thatwas like skinny meaty was at the samestage like at the same time we were thefirst like product in that categorywe were the first detox tea so we had toeducate an entire market and then we'dsee competitors coming in and be like ohGod like they're so lucky they didn'thave to answer like 557 customerrequests every single day because nowthe customer knows and they understandwhat the product is what it's trying todo like we did you coded the market ontheir behalf and they could just step inand kind of sweep up some sales but I'dsay yeah at this point than us at leastlike from a personal perspective of myfirst brand that was the point where westarted to learn how to really optimizehow to like a be test non-stop how to beconstantly being like okay what if theBuy button was here what if it was thiscolor what if it did this like you justwant to start thinking about everysingle point that your customer isinteracting with your brand's you wantto consider and map out their by ajourney from the very very startwherever that might be it might be afacebook ad it might be they followedyou an Instagram through an influencerit might be ten other scenarios it'sprobably like two hundred otherscenarios once you're at that pointunfortunately map out the ten mostcommon buyer journeys and focus onimproving and optimizing at every singlestage of that buy a journey so yeahthat's it all right ladies and gentlementhat wraps up our panel segment whichbrings us back to networking with yourpeersat your leisure I also want to say amassive thank you to our panel membershere tonight GretaRory Rob James we really appreciate yougiving up your time and giving us somereally valuable insights and tips aroundhow we can actually grow ourselvesonline[Music]mission is to help you create anass-kickin business and help you learnstraight from the mouths of world-classfounders get your free printed editionof founder magazine featuring SirRichard Branson just cover shipping andhandling at founder comm Ford / Branson
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Discover With Us Sorts of eCommerce Merchants and Its Types
Basically, eCommerce alludes to business exchanges led on the web. This implies at whatever point you purchase and offer something utilizing the Internet, you’re engaged with eCommerce.
It was August 11, and it was 1994. Around twelve that day, Phil Brandenberger of Philadelphia signed into his PC and utilized his MasterCard to purchase Sting’s “Ten Summoners’ Tales” for $12.48 in addition to transportation.
That story may not sound excessively energizing today, but rather around then, this specific exchange impacted the world forever. Why? Since it was the first occasion when that encryption innovation was utilized to empower a web buy. Numerous think about that minute as the principal “genuine” web based business exchange.
Obviously, internet business has developed significantly from that point forward. BigCommerce refers to that online business is growing 23% year-over-year, and as per eMarkerter, worldwide web based business deals are required to top $27 trillion out of 2020 – and that is only measurements for the retail division.
In this resource, we take a deep look at the eCommerce industry how it came about, what types of merchants are out there, and what platforms enable online selling.
Well also shed light on notable eCommerce success stories and flops to give you a better idea of what it takes to succeed in this industry.
Sorts of eCommerce merchants
There are numerous approaches to arrange eCommerce sites. You can sort them as indicated by the items or administrations that they offer, the gatherings that they execute with, or even the stages on which they work.
In this guide, we’ll take a gander at all three perspectives to give you a reasonable picture of what sorts of eCommerce destinations are out there.
Arranging eCommerce traders as per what they’re offering
How about we begin with the items and administrations ordinarily sold on the web. The following is a rundown of eCommerce shippers as per what they offer.
1. Stores that sell physical goods
These are your regular online retailers. They can incorporate attire stores, homeware organizations, and blessing shops, just to give some examples. Stores that offer physical merchandise exhibit the things on the web and empower customers to include the things they like in their virtual shopping baskets. Once the exchange is finished, the store regularly dispatches the requests to the shopper, though a developing number of retailers are executing activities, for example, in-store pickup.
A few cases of these eCommerce stores incorporate eyewear retailer Warby Parker, menswear store Bonobos, and shoe retailer Zappos.
2. Service-based e-tailers
Administrations can likewise be purchased and sold on the web. Online experts, teachers, and specialists are generally the ones taking part in eCommerce.
The purchasing procedure for administrations relies upon the dealer. Some may enable you to buy their administrations straightaway from their site or stage. A case of this originates from Fiverr, an independent commercial center. Individuals who need to purchase administrations from Fiverr must put in a request on the site before the dealer conveys their administrations.
Some specialist organizations, then again, expect you to connect with them first (i.e. book a counsel) to decide your requirements. Website architecture organization Blue Fountain Media is one case of a business that does this.
3. Digital products
eCommerce is, by nature, exceedingly advanced, so it’s nothing unexpected that numerous vendors offer “e-merchandise” on the web. Basic kinds of advanced items incorporate eBooks, online courses, programming, designs, and virtual products.
Cases of traders that offer digital products are Shutterstock (a webpage that offers stock photographs), Udemy (a stage for online courses), and Slack (an organization that gives continuous informing, filing and scan for groups).
Ordering eCommerce as indicated by the gatherings included
Another powerful method to characterize eCommerce destinations? Take a gander at the gatherings taking part in the exchange. These regularly include:
1. Business to consumer (B2C)
Exchanges occur amongst organizations and purchasers. In B2C eCommerce, organizations are the ones pitching items or administrations to end-clients (i.e. purchasers).
Online retail commonly chips away at a B2C display. Retailers with online stores, for example, Walmart, Macy’s, and IKEA are altogether cases of organizations that take part in B2C eCommerce.
2. Business to business (B2B)
As its name states, B2B web based business relates to exchanges directed between two organizations. Any organization whose clients are different organizations work on a B2B display.
Illustrations incorporate Xero, a web based bookkeeping programming for private ventures, ADP, a finance handling organization, and Square, an installments answer for SMBs.
3. Consumer to business (C2B)
Shopper to business eCommerce happens when a customer offers or contributes fiscal incentive to a business. Numerous crowdsourcing efforts fall under C2B eCommerce.
Soma, a business that offers eco-accommodating water channels is one case of an organization that occupied with B2C eCommerce. In 2012, Soma propelled a Kickstarter battle to finance the assembling of their item. The task was effective, and Soma went ahead to raise $147,444.
4. Consumer to consumer (C2C)
As you may have speculated, C2C eCommerce happens when something is purchased and sold between two customers. C2C generally happens on online commercial centers, for example, eBay, in which one individual pitches an item or administration to another.
5. Government to business (G2B)
G2B exchanges occur when an organization pays for government merchandise, administrations, or charges on the web. Cases could be a business paying for charges utilizing the Internet.
6. Business to government (B2G)
At the point when an administration element utilizes the Internet to buys merchandise or administrations from a business, the exchange may fall under B2G web based business. Suppose a city or town employs a website architecture firm to refresh its site. This kind of arrangement might be viewed as a type of B2G.
7. Consumer to government (G2C)
Customers can likewise take part in B2C online business. Individuals paying for activity tickets or paying for their car registration renewals online may fall under this classification.
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Shopify vs WooCommerce: What's the Best Ecommerce Platform in 2019?
To try Shopify for free, click here: https://www.websitetooltester.com/out/shopify-youtube
For WooCommerce we recommend SiteGround’s hosting: https://www.websitetooltester.com/out/siteground-woocommerce
Shopify and WooCommerce are the most popular solutions for mid-sized to larger online stores. Both ecommerce platforms are very different for you as a user and both have very specific pros and cons.
To find out which one is better for YOU, we created this Shopify vs WooCommerce review. One of the main differences is that you need to install WooCommerce on your own web space whereas Shopify already provides a hosted platform.
Make sure you also check out our blog where we have an even more detailed comparison of WooCommerce and Shopify: https://www.websitetooltester.com/en/blog/shopify-vs-woocommerce/?utm_source=youtube
Just watch this beginner-friendly comparison to find out which one is the right tool for your online store!
Shopify vs WooCommerce video contents:
0:19 Ease of use
1:10 Themes and Flexibility
2:06 Payment, Shipping and Taxes
2:55 Multilingual Stores
3:39 Security
4:22 SEO – Search Engine Optimization
5:09 Support
5:59 Conclusion and Final Score
I hope you enjoyed this video! If you have any questions about Shopify or WooCommerce, please leave a comment and I’ll be happy to answer you personally!
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The New Era of Internet Marketing
By Jas Singh | Submitted On June 27, 2018
Digital Marketing
The scientific research has illustrated the opportunities and capabilities of applying and extending the existing Marketing knowledge in the context of new conditions, requirements and particular characteristics of the Digital environment mainly since the emergence of the Web.
Internet Marketing means to do marketing online. It is an important term for online marketing efforts. It uses many important tools to promote marketing efforts. The tools that are used in digital marketing are Google Search Console, social media,email,etc.
Marketing is basically connecting with the audience in right place and on right time.It is an action carried out towards the promotion of different goods and services.
Today many people are doing marketing online rather than doing traditional marketing.The prons of the digital marketing are low cost,huge return on investment,easy to measure,easy to adjust,easy to share.
In this the leads are being generated using different tools and terminologies such as Google Analytics,keyword planner,Mailchimp,Mozbar,Google Webmaster tools,Google Console,Serp rank checker.
The four major pillars of digital marketing are SEO(Social engine optimization,SMM(Social media marketing),SMO(Social Media optimization) and SEM(Search Engine Marketing) is also known as PPC Programme (Pay per click)
Traditional Marketing is conventional mode of marketing that have been used since the beginning of advertisements and marketing.It includes television,newspaper,radio,flyers,ads in magzines.
The challenges that the digital marketers are beign facing today are generating traffic and leads,securing enough budget,managing your website.Identifing right technology for your needs,targeting content,etc.
Digital Marketing is an important term for the majority of your web based medium. Organizations use advanced channels, for example, Google look, online life, email, and their sites to interface with their present and planned clients.
With digital marketing, it can regularly feel like you’re ready to get comes about considerably speedier than you may with disconnected advertising because of the reality it’s simpler to quantify ROI. Notwithstanding, it eventually depends completely on the scale and adequacy of your advanced promoting methodology.
Today people are finding mush easier to do marketing online as it uses some tools for its promotion of products and services.Moreover to do marketing online one must have knowledge and a net connection.To promote products online one can use platforms such as Facebook,Twitter,LinkedIn,Instagram and one can also make blogs,do content marketing and affiliate marketing.
SEO is used to rank page on the first page of the Google.it is done by building backlinks and directories.
It is a new era of marketing.In this the persons can earn too by sitting at a home.The person can earn through blog,AdWords,freelancer.The concerned ways that the people use to earn by learning digital marketing.The ways are by doing affiliate marketing,social media marketing,content marketing,website designing.
It is a easy way to earn for the people who have knowledge of doing work ie know how to form social bookmarking,article submission,forum submission,blog commenting,profile link building to raise website on the first page of Google.
Article Source: https://EzineArticles.com/expert/Jas_Singh/2564099
Here’s A Free WINNING Ecom Product (Do This Now!)
there is a plethora of products tochoose from in the e-commerce industrywhen you're deciding what is a winningproduct so how do you narrow that downwhat does it look like what is anexample of that[Music]hey what's going on aboard hand yourcome back at you with the brand newvideo and I'm glad you're joining me inthis one because I'm gonna actually showyou a product that as I'm releasing thisvideo right now and as you'll see basedon the niche that it's in is a winningproduct and probably will be for quitesome time this is something where I knowsome people are gonna look at this andthey will have either never seen it orthey would believe it's saturated it'susually gonna be one of the two howeverdue to the niche that it's in and theway this product is structured the onlyway this product would die out is ifthere were no new people ever being bornwhich is an interesting thing to thinkabout and that's definitely the rightsituation to kind of pick a productbased on that because there's constantlya new influx of people which is greatokay so we're gonna dive through that ina moment however I wanted to talk abouta couple of factors I look at whenpicking a product now before I even dothat a quick statistic just so you guysare aware of my own personal situation Idon't know about for other peoplehowever for me whenever I decide to testa product or multiple products I'm doingsome product research for me about onein every three product works okay one inevery three products so with this numberbeing a losing percentage the way thatI'm able to make so much money still isthe fact that I'm only spending a smallamount of money on you worth like 500 to1500 on a product that before Idetermine it's not working I'll be ableto tell it's not just not getting salesnow we're gonna talk about the marketingcomponent to it because I've actuallyseen people with a winning product getconvinced based on their own wild youknow whatever they're a wild idea thatit's not a winning product but inreality two issues their marketing lookit always comes back to the marketingokay so for me even if I go spend itmost recently about twenty three hundreddollars on a product is what I spent Imade back about sixteen hundred inrevenue that was decent that was closeto the cutoff where I'm like okay it'sworking but just was not hitting theresults I wanted to I was down about itknowledge after product costs maybe alittle more and I decided a couplelosses and just continued on okay I wantto see quicker momentum if something'sgonna work well I'll be able to get itpicking up pretty quick after about aweek and a half to two weeks okay sothat's what I look for now as for thingsthat I'm looking for a lot of peoplelike I get this question over DM all thetime hey Dan how do you find a productbefore it starts trending you don't thewhole point of product research is topick up on something that is alreadymoving I'm not trying to guess whatproduct is eventually going to startselling on trend if I were to do that my1 2 3 ratio would drop I would spend alot more time and a lot more moneytesting which in my opinion isunnecessary you know even if someonelooks at Aliexpress and as you'll see ina moment you might see 10,000 orders30,000 you're like wait is not a lot30,000 people in a world of over 7billion we're at least 1 billion ofthose who are qualified to purchase yourproduct and it can be more niche downdepending on the niche your product butyou get the point there is an ampleamount of people ready willing and ableto buy your product they just don't knowit it exists and you've not put it infront of them in the right way so thatit's convincing enough to make them takeaction it's really simple as that againso the marketing so what I want to do Iwant to show you this product real quicktalk a little bit about dataNisha's why this one's really valuableif you want to test it go for it that'snot really the purpose of this you cango right ahead the reason you should ifyou want to maybe you don't have aproduct you're testing I definitelydon't want this product to get in theway of your current testing if you'realready doing something stick with thatmaybe come to this if it doesn't work orif it doesn't work or if you have somefree time go for it test this as wellhowever I know a couple people haveactually started this recently you knowwithin the last couple weeks as when I'mrecording this who are already atmultiple four figures a day one of whichover $3,000 a day profiting about 700 to1,100 a day which is great really goodmargin so the cooler thing is this isvery very scalable again as I said inthe beginning it is in a niche where theonly way this product would die out isif there were never any new people beingborn which probably will never happen sokind of crazy to think about it I'm surethat makes you guys a little interestedbut it's definitely really interestingproduct you know it's in a good spacewhere if you build data in it the amountof other products you can sell would youcan open other stores and use that samedata is huge and there's a lot of reallycool upsell opportunityso let's show it's not my computer realquick I want to show you guys this justbecause this is a really cool productbut if you want to test go for but Iwant to talk a little bit about theproduct selection end of it that's thepoint all right so this product is thepore remover now again like I said somepeople either have never seen it or youwill believe it's saturated let meexplainfor starters take a look at the amountof orders on some of these supplierstwenty five thousand five thousand eightthousand this is a different productmaybe you don't 200 there justeverywhere thirty-eight thousand that'sa little different variation it isdrastic we weren't even sorting it byorders there it is a massive number youknow ten thousand so there's clearly amarket for this I mean if you thinkabout it logically this is a productthat will almost always be in demand nowhere's why I think it's cool this issomething to me where I always lookabout or look at and think about thebigger picture perspective of this whenI'm doing something this is in thehealth and beauty space slash thepersonal wellness it kind of correlatesin both of those so what happens is whenyou build data inside of here there arenow probably three hundred other doorslegitimately good products that justopened up for you to sell so these couldeither be products you decide to add onyour current store maybe make as anupsell a down sell across sell or maybeyou decide to use the data and openanother store with the same data becausethe same type of person buying whichwill let you blow up that next door veryquickly okay so this productspecifically let's kind of dive in andtake a quick look I guess well we'll gowith this one where it's a little bitmore this one that looks a little bitbetter in my opinion I want to show youguys how to find an ad I'm gonna talkabout that here in a moment but take alook24,000 of these that is a massive amountthat's already been sold to have 10,000currently available that's huge youprobably will not run into an inventoryissue now here's the cool number take alook at this forward to 10 days ship infor free okay to the US for free that ishuge we're turning off my ringer this isa mark actually dealing with someonecrashed into my Lamborghini so dealingwith that as we speak I was not in thecar maybe a video on that soonregardless this right here this is crazybecause four to ten day shipping youshould be building your pixel inside theUSthat's something I always recommend forthose who jump into the beta circle atthe end of this month for the Academyideally if it opens at the end of thismonthwe haven't set an exact day there'll bea waitlist down below by the way you'llsee exactly how we build out that pixelin that whole process it's very key tobuild it in the right wayjust because building that data in avery specific type of audience is goingto help you expand in a worldwide fasterand more effectively without having alot of issues with your CPP your costper purchase okay that's something I'vestruggled with myself a little bit okayso you know free shipping in the US youcan see four to ten days we're justactually like that's like brand speedyou know if you were a real brand you'regonna expect to wait about a week for aproduct to come it that's normal to meunless I'm ordering from Amazon so areally really cool to see you know shipsfrom China 24 days and then Kingdom blahblah blah but take a look at the pricehere okayChina's 1351 with 24 days or okay shipsfrom the United States you get freeshipping to the United States for the 10day which is really cool now thisproduct is not very expensive it's onlycosting you $13 no matter where you pullit from you get free shipping okay sothat's one thing that's really reallycool because you can go sell this for$29.99 all day long you're gonna bematching I've seen brand sellers for$100 all day long so it depends on howyou want to brand it you can reallyincrease your price and manipulate thatit's a very valuable looking productthat to be honest I just for personalexperience you'll be able to get thiscost down well below 10 probably 7 to 10once your work with the private supplierand your ordered a little bit this inadvance so you can be increasing yourmargin by you know anywhere from 10 to20 percent which is huge pure profitso that's something where it's can bereally cool down the road but this gotype it in on Google this is how I findads it's how I get a sense of what'sworking let's go to videos here okay andactually we can just look it up onYouTube regardless what I'm gonna lookat here I want to see other videos likethis okay so you know you can go pull itup on Amazon we'll kind of see thepricing there we'll see exactly whatpeople are selling to that ok $27.99 andfree shipping this is not Amazon Primeis this even Prime I want fast Shemaprime okay they have it there this it'sthe same price is what you'd be sellingyou could jump in and sell this for$4.99 I'll give you a little three alittle bone here a little tip one thingI like to do in a certain situation if Ithink of products gonna be a little moredifficult to build data in whichsometimes can be the case in the healthand fitness and wellness space typicallymore so in the clothing this is one goodstrategy of how you can kind of getaround the tough data building in thebeginning to get momentum lower yourproduct price now some people might beconfused by this but if it's on Amazonat 27 we wanted to sell for 29 you cantotally sell this all day long for$29.99 to like $39.99 but what if youwere to start it maybe 20 $2.99 or$24.99 come in even lower than Amazonlower than almost anyone's ever seen itbefore you might be like well wait aminute hey Dan I'm probably not gonnamake any money I'm in at best I'm gonnabreak even who careseven if you're losing a little bit ofmoney I understand some people who mightstart with a smaller budget that mightnot be possible but this strategy isvery very relevant for people buildingan e-commerce business who are focusedon data the strategy is to just acquirea customer why do you think these bigcompanies are willing and able to loseso much money on the front end sometimeseven for years it's because they knowthe lifetime value of their customer soeven in my perspective I'm not doinganything crazy like waiting years tomake a profit on some ecommerce storehowever if I can get 50 to 100 sales onmy pixel for breakeven or a small loss Iwill do that for the purpose of gettingmore momentum through Facebook havingdata to retarget and then eventuallydata to run look-alikes off of that tome is worth it because it's that 100sale mark in one country where you canbuild that look-alike for purchase okayand that's what you really want so I'mwilling to invest to get towards thatgoal that's what will excuse me that'swhat will really let me identify if theproducts gonna work or notokay so it's actually great to see thishere on Amazon we're gonna type in meagain just to look at multiple listingslistening to pour remover okay 21 doesone right there27 let's see which one 500 reviews thissays a thousand get if it's not twentythirty seven twenty three forty five 31so people are paying about thirty bucksfor this people are not gonna be youknow taken aback by the fact that youtry to sell for $29.99 so there is somany different brands so so so manydifferent cosmetic brands health andbeauty brandsProactive acne based stuff whateverthere is a plethora of differentinterest to target here on Facebookagain you're now opening up your doorand I don't think a lot of peoplerealize this the doors that you areopening up based on building data inthis niche is ginormous take a look atthis you could go like this do the poremover upsell to a face mask that'sperfect you get those four so so cheapbut let's literally go look face maskokay I hope that it's not gonna be likea Halloween mask we'll see okay perfectyeahlook it up cheap bizarre okay 70 cents adollar 85 cents are you kidding me thisone is a nice black mask$1 to $3 look look at what Amazon isselling it for $15 all day long all daylong what if you go sell it for $7 okaywhat if you're selling your paw removerfor $29.99 and you up sell it to a $7face mask okay that gives you like yousay there's 30 face masks worth insideof here or 45 treatments you know one aday like you know yeah you can make somesort of video ad that like show is thepore remover and then like the face maskgoing on after like talking about likethe healthy radiant skin all thebenefits that would be so so amazing Iguarantee you you'd get a twenty thirtyforty percent take rate maybe not fortybut you know twenty or thirty percentprobably if you charge cheap on theupsell which is a huge take rate and ifyou're only paying a dollar or twoyou're selling it for six or sevenyou're making extra five dollars whichon a thirty dollar previous cart valuethat's like a fifteen or more percentbump in profit on your entire averageorder value that is big like if I have astore that's doing two hundred thousanddollars a month and I get a fifteenpercent bump in profit that's thirtythousand dollars a month in profit extrain my pocket for one little thingokay so that right there is just oneidea again you're opening up the door tosell so many different products insideof here like so so so many you couldbuild a makeup brand off of that too youcould have that as a section on you knowon your website it just depends on whatyou want to do so here's one example ofa product you know there's one exampleof what I look for a couple of mythoughts behind it when I look at it Iam not selling this product I have neversold this product will I sell thisproduct maybe I have no intention toright now just because I don't have theI already have my main stores that I'mfocusing on I started a few new oneskind of maxed out at my time but there'splenty of winning products to go aroundyou're not gonna be able to capitalizeon them all and that's why I said at thebeginning if testing this is going toget in the way of whatever you'recurrently testing or focusing on do notdo it okay stick with the way you'redoing take those little pieces of tipsand information on the upsell you knowstructuring it the pricing and what youcould possibly do that should be morethan enough to get you rolling but youkeep trying products keep cyclingthrough because remember for me and I'vebeen doing this a long time so yourratio might not even be this high youknow I'm just selective but for me it 1out of every 3 products I test works nowit does work mean make 100,000 make amillion make a couple million you knowone of those sales numbers looks likealmost every single time in my opinionworking means a minimum of $100,000 insales over a couple months minimum okaybecause when I'm running with theproduct and starts working you can justrun with it much further the scalabilityis huge you go on Facebook right nowlook of any of the audience's for thisyou're gonna be seeing 20 million 39 50million a hundred and fifty million forhealth and wellness the beauty space bigbrands you could target Kylie cosmeticswhatever there is a massive massiveamount of people to target there's noshortage of audience so if you're maybesitting on the bench and you haven'ttried anything yet go ahead and testthis product get your feet wet withe-commerce test it out it's not likeyou're selling a very high ticketproducts gonna cost you a lot more andmarketing spend to acquire the customerso only have $30 price point roughly youcould go run a mix of five and $10 twoads just to start testing get your feetwet see what audience has worked andbuild from there okay so I really hopethat helped if you guys have not yetgone ahead and subscribe to the channelgo ahead and do that below and if you'renot on the wait list for the 30 dayAcademy fingers crossed that it's comingat the end of this month here in May shespent a lot of stuff putting it togetherwearing me open in a very small betagroup for that to let people go throughit first for one month to see we need tochange but we need to add and how we canwork with them directly assist me a lotof direct health there's a lot ofexamples of over 20 hours worth of stuffall I basically did was sit down andrecord everything myselflike sit down inside my computer as I'mrunning my own stores I had to like cropout you know the names of one of mythings in an ad account and I literallylodged about fiveand dollars worth of new ads in one dayI was doing aggressive scaling so reallyreally trying to break this down tosomething I've been working out for oversix or seven months now so super excitedto finally bring it out and have a fewselect people test it at least againhopefully right at the end of this monthjust to start hearing some feedback andcriticism on it so super excited forthat the waitlist alone is about to bemaxed out which is gonna fill up thebeta groups don't really need to mentionit anywhere else however if you wantsome more information on it go ahead andjust don't be some link down belowprobably two or three lines into thedescription with a waitlist if you checkthat out and we'll send you some moreinformation once we get that puttogether okay so other than that if youdread this video if you want to testthis product or if you've got any valueout of this at all I greatly appreciateit if you drop a like down below anddon't forget I'm posting three times aweek on the channel Monday Wednesday andFriday so I will be seeing you in thenext video[Music]
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4 Amazing Internet Marketing Tips
By Tejas Solapurkar | Submitted On September 15, 2015
Technology has changed everything and today Internet marketing is playing a great role in the success of a very large number of businesses that are present across the globe. To grow a business, what a business owner commonly target is to hike the profits which actually need elimination of all the factors that are wasting the money. Campaigns that are always very effective in bringing out the desired outcome in this matter.
By following these tips any business owner can simply grow the business by cutting down the expenses up to a certain extent. There are 4 amazing Internet marketing tips that are considered as excellent in saving your cost and these are:
1. Email marketing
Email marketing is one of the excellent Internet marketing tips. It’s not just sending e-mails to the target people and waiting for their revert, but it is actually a process of attracting the attention of reader by writing the best content in the emails. Probably if you write long emails with information that is of no importance, you cannot attract people through this type of strategy. There are a few factors that can help in this matter and they are:
• Giving the email a catchy subject or headline
• Adding pictures in the emails if required
• Setting a limit on the number of words to be written
2. Give offers that people cannot refuse
Marketing your products or services on the Internet is very difficult especially when there are already a very large number of parallel businesses selling similar products and services. At such stage several business owners often get confused. When you are giving people what they cannot refuse under any circumstance, it ensures that the customer will probably purchase the product though later.
3. Go for outsourcing
Outsourcing is another name among the Internet marketing tips. There are few business owners who don’t recommend outsourcing as a tip for marketing over the Internet. According to them, it cannot bring any outcome that is in the favor of business owners which is not true in actual sense. Outsourcing wouldn’t cause any trouble for you but in fact there are a very large number of advantages it offers and Internet marketing is leading among them.
4. Go for blog writing
Writing blogs is one of the most recommended methods of ensuring the presence of sufficient positive information of a specific business over the Internet. Blogs are totally free and hopefully anyone can write them with some efforts. Blogs don’t just help in marketing the business but it also helps in brand awareness, business promotion and so on.
Taking these Internet marketing tips during the earlier stages of your business is very beneficial for its growth. These are other tips, but they are not committed to success. Going for the above tips ensure reliable running of everything that is related with the business you own.
To satiate knowledge, insights and Internet Marketing Strategies to increase business presence with abilities that are capable to help any idea to meet reality, kindly visit [http://digitalmarketingadvise.com/].
Article Source: https://EzineArticles.com/expert/Tejas_Solapurkar/1253515
Ecommerce SEO – Get Traffic to Your Online Store [Top 4 Factors]
in this video I'm going to show you howto get more traffic to your e-commercesite specifically you're going to seethe four most influential rankingfactors that go into ranking your onlinestore to the top of Google these are thesame ranking factors that one of mystudents recently used to dramaticallyincrease his ecommerce sites organictraffici'm brian dean the founder of backlinkothe place where marketers turn forhigher rankings and more traffic and ifyou want to learn how to quickly getmore traffic and customers to yourecommerce site make sure to watch therest of this video a student of minedarren de Matos recently decided tolaunch his first e-commerce site decamping and survival gear store top-specus calm like many e-commerceentrepreneurs darren was a new player ina super competitive industry most peoplein his position would just create abunch of product pages and hope for thebestplease get traffic please get trafficplease get traffic but Darren knew thatecommerce SEO would make or break hissite success so we focused on the fourrocky factors that I'm about to show youand organic traffic to his mostimportant product in category pagesincreased across the board sometimes asmuch as two hundred and fifty ninepercent now they've seen how well thesefour ranking factors work it's time forme to show you exactly what they are andhow you can take advantage of them okaylet's kick things off with e-commerceSEO ranking factor number one domainAuthority here's the deal it's no secretthat the quantity and quality of thebacklinks pointing to your siteis Google's top or a key factor and yesthis also applies to e-commerce websitesthe question is how can you get someoneto link to your site if it's made up ofa hundred percent product in categorypages the short answer you can't thefact is people want to link to sitesthat have valuable content without thatyou're going to have a hell of a timebuilding whitehat backlinks that's thebad newsthe good news is that even ecommercesites can publish awesome content whenyou do you'll build up your site'soverall domain Authority which will helpyour product in category pages rankingGoogle in fact ecommerce Giants likeAmazonvery rarely have links pointing directlyto their product pages instead they rankbased on their site wide link Authorityfor example when Darrin first launchedtop-spec us he created a high valueroundup post called pistol shooting tipsfrom 20 sharpshooters and because thispost attracted quality backlinks itincreased his site's domain Authoritywhich boosted the rankings of one of hisimportant category pages heavy-duty bagsby 259 percent the bottom line usecontent marketing to increase youre-commerce sites overall domainAuthority that boost in domain Authoritywill increase the rankings of yourproduct and category pages next up wehave a ranking factor that's superimportant product page optimization ifyou're like most ecommerce site owners agood chunk of your search engine trafficgoes to your product pages but moreimportantly a hundred percent of yourconversions come from your product pagesin other words the more traffic you getto your product pages the more moneyyou'll make the question is how do youoptimize your product pages for SEO it'ssimple use this four step action planfirst add modifiers to your product pagetitle tags now you obviously want to useyour target keyword in your title tagbut don't stop there adding what I callmodifiers to your title tag can help yourank for dozens of long tail searchesfor example let's say the target keywordfor your product page is noisecancelling headphones instead of makingyour title tag simply noise cancelingheadphones at headphones or us com you'dadd a word or two that people are likelyto use when searching for that keywordhere are some common terms that peopleuse when searching for products inGoogle so your title tag could besomething like this the words best andcheap our title tag modifiers and theseterms will help you naturally show upfor long tail searches that containthose words next you want to add magnetwords to your title I see very fewpeople optimizing their title tags forclick-through rate and it's a hugemistakeafter all Google has stated that theyuse CTR in their algorithm and even ifthey didn't use CTR it still makes senseto optimize your title tagwith CTR in mine why because higher CTRmeans more clicks which means moretraffic which means more salesfortunately you can easily boost yourCTR by adding these magnet words to yourproduct and category page title tagshere's an example of these magnet wordsin action now it's time for on-page tipnumber three which is to include atleast a thousand words of content onyour most important product pagesindustry studies have found that longercontent tends to rank better in googleand yes these findings also apply toecommerce sites the fact is this googlewants to understand what your page isall about and when you provide lots ofcontent to Google you help them do justthat plus when you publish on contentyour customers can help understand whatthey're about to buy so it can increaseconversions – now you're probably notgoing to have time to write a thousandwords of content for every product pageon your site that said I highlyrecommend writing long productdescriptions for your 10 most importantproduct pages for example this Amazonproduct page for a kitchen art mixerboasts 2109 words now it's time for ourlast product page optimization tip whichis to include your target keyword threeto five times let me be clear herethis has nothing to do with keyworddensity or keyword stuffing it's simplymaking sure your keyword appears on yourpage so Google understands what yourpage is all about for example if yourtarget keyword was six quart crock potyou'd want to make sure you have thatexact phrase in your product descriptionat least three times now it's time for athird ranking factor which is yourwebsite architecture site architectureor how the pages on your site areorganized and arranged is an importantSEO consideration for any site but it'stwice as important for e-commercewebsites that's because your averageecommerce site has a lot more pages thanyour average blog or local pizza shopwebsite with that many pages it'scritical that your site architecturemakes it easy for users and searchengines to find the most important pageson your sitethe secret following the golden rule ofe-commerce site architecture keep everypagethree or fewer clicks from your homepagefor example take a look at this sitesarchitecture what's wrong with thispicture the site architecture is way toodeepmost ecommerce sites tend to get themost links and therefore authority totheir homepage and when you have a deepsite architecture that authority isdiluted by the time it reaches yourproduct in category pages in thisexample it takes six clicks to reach thefirst product page so what's thesolutionmake sure your products are no more thanthree clicks from your homepage Petsmartsets up their site with this rule inmind for example let's say that you wantto get a new dog food bowl for fluffyyou'd head to the site's homepage andclick the dog link then click bowls andfeeders and you'd have a list ofproducts in that subcategory just likethat you found what you want and Googlecan easily find and index all the petsmarts product pages now it's time forour last google ecommerce ranking factorURL length i recently teamed up with abunch of SEO software companies toconduct the largest search engineranking factor study ever in total weanalyzed a million google search resultsso what are we fine we discovered thatshort urls tend to rank better than longurls for example let's say that youre-commerce site sells organic bird foodall things being equal URL number onewould rank better than URL number twoone word of warning you don'tnecessarily want to go back and changeyour long URLs to shorter ones that cancause serious SEO issues instead set upyour URL structure so all of your newproducts and category pages have shortURLs did you learn something cool fromtoday's video if so make sure tosubscribe to my youtube channel rightnow just click on the big ol subscribebutton right here also if you wantexclusive SEO techniques that I onlyshare with email subscribers head overto beckylyn cocom and sign up for thenewsletter it's free now I want to turnit over to you which of the techniquesfrom this video are you going to usefirst are you going to start to build upyour domain Authority or maybe you wantto start using shorter URLs let me knowby leaving a comment below right now thestage is yours sir I'm having lastvideo– syndromeno not Nellie meant as a bug on thescreen if you want to learn blah blahblah blah kind of thing next you it'shard to fake it
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