How I Make $1,000/Day In Passive Income On Shopify
Published on: November 26 2022 by Jordan Welch
How I Make $1,000/Day In Passive Income On Shopify
Table of Contents
How I Make $1,000/Day In Passive Income On Shopify
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00:00:00 | 00:00:05 | guys i have a confession to make i have |
00:00:03 | 00:00:07 | not been working on my shopify store no |
00:00:05 | 00:00:09 | like for real i only work around three |
00:00:07 | 00:00:10 | to five hours a week on my shopify store |
00:00:09 | 00:00:12 | but it's still generating over a |
00:00:10 | 00:00:14 | thousand dollars a day with little to no |
00:00:12 | 00:00:16 | work so in this video i'm going to |
00:00:14 | 00:00:17 | explain exactly how i got there and how |
00:00:16 | 00:00:19 | you can do the same thing with your |
00:00:17 | 00:00:21 | brand but first let's tok about the |
00:00:19 | 00:00:24 | profits as you can see over the last 30 |
00:00:21 | 00:00:25 | days except for this day my business has |
00:00:24 | 00:00:28 | generated over a thousand dollars in |
00:00:25 | 00:00:29 | sales consistently and the profit is |
00:00:28 | 00:00:32 | decent as well some days we jump up to |
00:00:29 | 00:00:34 | 800 in profit whereas other days we drop |
00:00:32 | 00:00:38 | down to 100 but pretty much every day |
00:00:34 | 00:00:40 | we're making 100 to 500 in profit |
00:00:38 | 00:00:42 | consistently now i believe there are |
00:00:40 | 00:00:44 | three main factors that contribute to |
00:00:42 | 00:00:45 | this level of consistency so let's break |
00:00:44 | 00:00:47 | down the first one i've been working on |
00:00:45 | 00:00:48 | this business for almost two years now |
00:00:47 | 00:00:50 | and it's taken me a while to get to this |
00:00:48 | 00:00:52 | level but i'm very confident that you |
00:00:50 | 00:00:53 | can do it too as long as you follow |
00:00:52 | 00:00:55 | these tips the first factor in seeing |
00:00:53 | 00:00:58 | consistent passive results on your |
00:00:55 | 00:01:00 | shopify store is ranking on google now |
00:00:58 | 00:01:01 | it's easier said than done and this does |
00:01:00 | 00:01:02 | take a little bit of time but here are |
00:01:01 | 00:01:04 | some things that i've done to |
00:01:02 | 00:01:06 | significantly speed up the process of |
00:01:04 | 00:01:08 | getting my brand ranked number one the |
00:01:06 | 00:01:11 | first and easiest thing you can do is |
00:01:08 | 00:01:13 | hire an seo expert to optimize your |
00:01:11 | 00:01:14 | website this is a one and done type of |
00:01:13 | 00:01:17 | job they go into the back end of your |
00:01:14 | 00:01:19 | website they optimize and fix everything |
00:01:17 | 00:01:21 | so that google's algorithm picks it up |
00:01:19 | 00:01:22 | and ranks it properly it's pretty cheap |
00:01:21 | 00:01:24 | and extremely worth it even at the |
00:01:22 | 00:01:26 | beginning stages of your business the |
00:01:24 | 00:01:28 | second thing i did is paying small blogs |
00:01:26 | 00:01:30 | to do a review of my product when |
00:01:28 | 00:01:32 | someone reviews your product on a blog |
00:01:30 | 00:01:34 | it creates what's called a backlink |
00:01:32 | 00:01:36 | backlinks boost the authority of your |
00:01:34 | 00:01:38 | brand name on google making it much more |
00:01:36 | 00:01:40 | likely for google to recommend your |
00:01:38 | 00:01:41 | website when people search for it now |
00:01:40 | 00:01:44 | before you do this make sure the quality |
00:01:41 | 00:01:46 | of your product is actually good because |
00:01:44 | 00:01:48 | otherwise i'm feeling a strong one to a |
00:01:46 | 00:01:50 | light too on this thing the second |
00:01:48 | 00:01:52 | factor in seeing consistent results is |
00:01:50 | 00:01:54 | running ads on multiple platforms the |
00:01:52 | 00:01:56 | goal at the beginning should be to lock |
00:01:54 | 00:01:58 | in and master one platform but as you |
00:01:56 | 00:02:01 | learn and scale on this platform you |
00:01:58 | 00:02:02 | should expand to others these days for a |
00:02:01 | 00:02:05 | beginner i would suggest starting with |
00:02:02 | 00:02:07 | tik-tok ads it's booming right now and |
00:02:05 | 00:02:09 | there is a massive amount of opportunity |
00:02:07 | 00:02:11 | currently on my store i run facebook |
00:02:09 | 00:02:12 | google and tiktok ads though most of |
00:02:11 | 00:02:14 | my sales are coming from facebook and |
00:02:12 | 00:02:16 | google because i've been running my |
00:02:14 | 00:02:17 | product there for almost two years and |
00:02:16 | 00:02:19 | it's pretty optimized i'm still |
00:02:17 | 00:02:21 | experimenting with tik-tok and i |
00:02:19 | 00:02:22 | haven't really been able to scale yet |
00:02:21 | 00:02:24 | but to be honest i'ma blame that on my |
00:02:22 | 00:02:26 | own laziness but maybe |
00:02:26 | 00:02:31 | anyways my structure for facebook ads is |
00:02:29 | 00:02:33 | as simple as it gets and i think that's |
00:02:31 | 00:02:34 | why i see consistent results every day |
00:02:33 | 00:02:37 | i'm pretty much only running one |
00:02:34 | 00:02:40 | campaign with one ad set targeting the |
00:02:37 | 00:02:42 | broadest interest for my product with |
00:02:40 | 00:02:44 | three ad creatives inside of there the |
00:02:42 | 00:02:46 | main thing i focus on is the creative |
00:02:44 | 00:02:48 | and the marketing angle itself because |
00:02:46 | 00:02:50 | that's what facebook really wants these |
00:02:48 | 00:02:52 | days yes interest targeting is important |
00:02:50 | 00:02:54 | and it still works but people get far |
00:02:52 | 00:02:55 | too hung up on it and these days i |
00:02:54 | 00:02:58 | barely even focus on it of course in the |
00:02:55 | 00:03:00 | testing phase the targeting is extremely |
00:02:58 | 00:03:01 | important but once you find what works |
00:03:00 | 00:03:03 | you don't really have to test that too |
00:03:01 | 00:03:05 | much more the main thing to test is the |
00:03:03 | 00:03:07 | ad the marketing angle and the copy that |
00:03:05 | 00:03:09 | you use to sell your product the key to |
00:03:07 | 00:03:11 | having success with any ad platform is |
00:03:09 | 00:03:13 | finding a great product study the ads |
00:03:11 | 00:03:15 | that are successful for that product and |
00:03:13 | 00:03:17 | try to make something that is on par or |
00:03:15 | 00:03:19 | better than what's out there that is the |
00:03:17 | 00:03:21 | ultimate challenge and if you can do |
00:03:19 | 00:03:23 | that everything else comes pretty easily |
00:03:21 | 00:03:25 | but the real consistency is coming from |
00:03:23 | 00:03:27 | google ads i'm running search campaigns |
00:03:25 | 00:03:29 | for my brand name my competitor's name |
00:03:27 | 00:03:31 | and all the terms related to my product |
00:03:29 | 00:03:32 | what this means is every time somebody |
00:03:31 | 00:03:34 | searches something related to our |
00:03:32 | 00:03:35 | product we are the first ones to pop up |
00:03:34 | 00:03:37 | and we're leveraging google's |
00:03:35 | 00:03:39 | retargeting feature which is extremely |
00:03:37 | 00:03:40 | powerful basically if you visit my |
00:03:39 | 00:03:42 | website one time you're gonna see the |
00:03:40 | 00:03:44 | product forever until you buy it the |
00:03:42 | 00:03:46 | combination of these things allows me to |
00:03:44 | 00:03:49 | have a consistent stream of buyers every |
00:03:46 | 00:03:50 | single day without doing that much work |
00:03:49 | 00:03:53 | of course i put a lot of work in up |
00:03:50 | 00:03:55 | front but these days it's pretty passive |
00:03:53 | 00:03:57 | but there's one final thing that's more |
00:03:55 | 00:03:58 | important than all of this but first i |
00:03:57 | 00:04:00 | have a very special announcement i've |
00:03:58 | 00:04:02 | been wanting a place to connect with you |
00:04:00 | 00:04:03 | guys and share more of the lessons i've |
00:04:02 | 00:04:05 | been learning along my journey so i |
00:04:03 | 00:04:07 | decided to create a free discord server |
00:04:05 | 00:04:09 | the goal is to build the ultimate |
00:04:07 | 00:04:11 | community for anybody looking to start |
00:04:09 | 00:04:13 | their own online store from beginners to |
00:04:11 | 00:04:14 | eight figure entrepreneurs and also my |
00:04:13 | 00:04:16 | team and i are going to be active in |
00:04:14 | 00:04:18 | there every single day to help you out |
00:04:16 | 00:04:19 | as much as we can and share exclusive |
00:04:18 | 00:04:21 | insights that you can't find anywhere |
00:04:19 | 00:04:24 | else this sunday i'll be doing a live q |
00:04:21 | 00:04:26 | a call with a bunch of giveaways inside |
00:04:24 | 00:04:28 | that discord so click the link down |
00:04:26 | 00:04:30 | below to join and i'll see you on the |
00:04:28 | 00:04:31 | inside this last thing is honestly the |
00:04:30 | 00:04:33 | number one mistake i see dropshippers |
00:04:31 | 00:04:35 | make there are so many people out here |
00:04:33 | 00:04:37 | chasing the bag but absolutely |
00:04:35 | 00:04:39 | neglecting their customers and it ain't |
00:04:37 | 00:04:41 | gonna work if you wanna see consistent |
00:04:39 | 00:04:42 | results you cannot be out here selling |
00:04:41 | 00:04:44 | garbage quality products with |
00:04:42 | 00:04:46 | three-month shipping times and i know |
00:04:44 | 00:04:47 | what you might be thinking jordan if i'm |
00:04:46 | 00:04:49 | drop shipping from aliexpress how could |
00:04:47 | 00:04:51 | i possibly avoid this well it's pretty |
00:04:49 | 00:04:53 | simple first make sure to do an extreme |
00:04:51 | 00:04:54 | amount of research on your supplier and |
00:04:53 | 00:04:57 | your product make sure there's a lot of |
00:04:54 | 00:04:59 | real positive feedback about the product |
00:04:57 | 00:05:00 | on the aliexpress reviews a lot of these |
00:04:59 | 00:05:02 | suppliers are going to fake the reviews |
00:05:00 | 00:05:03 | so the easiest way to tell is making |
00:05:02 | 00:05:05 | sure that there are a lot of photo |
00:05:03 | 00:05:07 | reviews and they look like they're from |
00:05:05 | 00:05:08 | real people then you want to go to the |
00:05:07 | 00:05:10 | suppliers page look at how long they've |
00:05:08 | 00:05:12 | been in business look at how many |
00:05:10 | 00:05:14 | transactions they've done and maybe even |
00:05:12 | 00:05:15 | shoot them a message just to make sure |
00:05:14 | 00:05:17 | that they're actually legit just from |
00:05:15 | 00:05:18 | taking these two steps you can save |
00:05:17 | 00:05:20 | yourself from a massive amount of |
00:05:18 | 00:05:22 | chargebacks next you should try to find |
00:05:20 | 00:05:24 | the exact same product on amazon and |
00:05:22 | 00:05:25 | order that thing so you could try it for |
00:05:24 | 00:05:28 | yourself seriously though try to find |
00:05:25 | 00:05:30 | the same one usually the easiest way to |
00:05:28 | 00:05:32 | tell is if it has the same images as the |
00:05:30 | 00:05:33 | one on aliexpress you should also order |
00:05:32 | 00:05:35 | one directly from your supplier using |
00:05:33 | 00:05:37 | the fastest shipping method so you can |
00:05:35 | 00:05:38 | see what their packaging is like and |
00:05:37 | 00:05:40 | make sure theirs is decent quality as |
00:05:38 | 00:05:41 | well not only will this allow you to |
00:05:40 | 00:05:43 | test the product quality but now you |
00:05:41 | 00:05:45 | have a product that you can film and |
00:05:43 | 00:05:46 | create your own content with which is |
00:05:45 | 00:05:48 | going to set you so far apart from your |
00:05:46 | 00:05:50 | competition and once you start getting |
00:05:48 | 00:05:52 | sales consistently you can take things |
00:05:50 | 00:05:53 | to the next level with an agent an agent |
00:05:52 | 00:05:55 | is somebody in china who has direct |
00:05:53 | 00:05:57 | connections to the best manufacturers |
00:05:55 | 00:05:59 | and fastest shipping lines to help you |
00:05:57 | 00:06:01 | negotiate the price of your product |
00:05:59 | 00:06:02 | improve the quality and get much faster |
00:06:01 | 00:06:04 | shipping one of the best agents i've |
00:06:02 | 00:06:06 | used on my store is named david and i'll |
00:06:04 | 00:06:08 | put his information down below his job |
00:06:06 | 00:06:09 | is to help you get the highest quality |
00:06:08 | 00:06:11 | product at the best price with the |
00:06:09 | 00:06:12 | fastest shipping and because i've |
00:06:11 | 00:06:14 | focused on this i've been able to tap |
00:06:12 | 00:06:16 | into the ultimate marketing method word |
00:06:14 | 00:06:18 | of mouth and this means that even if |
00:06:16 | 00:06:20 | we're not running any ads at all we |
00:06:18 | 00:06:22 | still have customers coming in and |
00:06:20 | 00:06:23 | coming back to buy more products again |
00:06:22 | 00:06:25 | and by the way this makes your business |
00:06:23 | 00:06:27 | much more valuable for anybody who wants |
00:06:25 | 00:06:29 | to buy it in the future if we look at a |
00:06:27 | 00:06:30 | breakdown of the last month you'll see |
00:06:29 | 00:06:32 | exactly what i'm toking about if you |
00:06:30 | 00:06:33 | look at how the traffic is broken up you |
00:06:32 | 00:06:35 | can see that the majority of it is |
00:06:33 | 00:06:37 | coming from direct and search traffic |
00:06:35 | 00:06:39 | what this means is that the majority of |
00:06:37 | 00:06:40 | our customers are not coming from ads |
00:06:39 | 00:06:42 | this has been my number one goal since |
00:06:40 | 00:06:44 | starting this brand and i want to |
00:06:42 | 00:06:45 | continue to take this to higher levels |
00:06:44 | 00:06:47 | and finally the thing that holds it all |
00:06:45 | 00:06:49 | together is my team currently i have |
00:06:47 | 00:06:51 | three employees a manager a customer |
00:06:49 | 00:06:52 | service rep and a marketing manager |
00:06:51 | 00:06:55 | without them this business would have |
00:06:52 | 00:06:56 | collapsed by now and every day i am |
00:06:55 | 00:06:58 | super thankful for each of them and i |
00:06:56 | 00:06:59 | know you all are watching this video so |
00:06:58 | 00:07:00 | shout out to you guys in the beginning |
00:06:59 | 00:07:02 | you're pretty much going to be handling |
00:07:00 | 00:07:04 | the customer service and operations |
00:07:02 | 00:07:06 | yourself but as you grow it is extremely |
00:07:04 | 00:07:08 | important to find somebody to help you |
00:07:06 | 00:07:10 | out with that there are many people that |
00:07:08 | 00:07:12 | possess the skills to manage this so |
00:07:10 | 00:07:13 | it's not hard to find somebody but |
00:07:12 | 00:07:15 | training them and finding the right |
00:07:13 | 00:07:16 | person that you trust will take a little |
00:07:15 | 00:07:18 | bit of time i would suggest that you |
00:07:16 | 00:07:20 | wait to hire somebody until your |
00:07:18 | 00:07:22 | business is consistently making profits |
00:07:20 | 00:07:23 | every single day but don't wait too long |
00:07:22 | 00:07:25 | because you want to make sure you're |
00:07:23 | 00:07:27 | using your time as effectively as |
00:07:25 | 00:07:29 | possible to find employees you can post |
00:07:27 | 00:07:32 | a job listing on upwork you can use |
00:07:29 | 00:07:34 | ecommerce facebook groups or even use my |
00:07:32 | 00:07:35 | discord i'm sure there'll be people in |
00:07:34 | 00:07:37 | there that are hungry looking for |
00:07:35 | 00:07:39 | opportunities and they understand the |
00:07:37 | 00:07:41 | game of e-commerce so i think that's a |
00:07:39 | 00:07:43 | good place as a matter of fact my best |
00:07:41 | 00:07:45 | employee so far i found them inside of a |
00:07:43 | 00:07:47 | facebook group and a discord is kind of |
00:07:45 | 00:07:49 | the same thing and at this point my role |
00:07:47 | 00:07:51 | is to make the best ad creatives lead |
00:07:49 | 00:07:53 | the team and focus on innovating and |
00:07:51 | 00:07:55 | improving the product as much as |
00:07:53 | 00:07:56 | possible everything else is pretty much |
00:07:55 | 00:07:57 | in the hands of my team with that being |
00:07:56 | 00:07:59 | said thank you so much for watching this |
00:07:57 | 00:08:00 | video make sure to click the link down |
00:07:59 | 00:08:02 | below to join the discord and i'll see |
00:08:00 | 00:08:05 | you guys in the next one |
00:08:06 | 00:08:10 | peace down |