I lost a $51,000 Per Month business overnight.....
Published on: November 27 2022 by Peter Pru - Ecommerce Empire Builders
I lost a $51,000 Per Month business overnight.....
Table of Contents
I lost a $51,000 Per Month business overnight.....
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00:00:00 | 00:00:03 | yeah what's going on Empire builders |
00:00:01 | 00:00:05 | welcome back to another episode in |
00:00:03 | 00:00:07 | today's video I'm going to be sharing |
00:00:05 | 00:00:09 | with you what happened to a business of |
00:00:07 | 00:00:11 | mine that was making consistently 51 |
00:00:09 | 00:00:17 | thousand dollars per month and I lost it |
00:00:11 | 00:00:18 | literally in the blink of an eye I want |
00:00:17 | 00:00:21 | to share with you the mistakes the |
00:00:18 | 00:00:23 | trials the tribulations and what I did |
00:00:21 | 00:00:25 | to overcome that to come out even a |
00:00:23 | 00:00:27 | better online business owner on the |
00:00:25 | 00:00:28 | other side and I want to really share |
00:00:27 | 00:00:29 | with you guys this so those of you that |
00:00:28 | 00:00:31 | are just getting started and |
00:00:29 | 00:00:33 | dropshipping dosent you just getting |
00:00:31 | 00:00:34 | starting ecommerce or online business so |
00:00:33 | 00:00:36 | you don't have to go through these |
00:00:34 | 00:00:38 | mistakes that I did but before we get |
00:00:36 | 00:00:41 | going in all of this I sorta announce |
00:00:38 | 00:00:42 | the winner of our last video you win a |
00:00:41 | 00:00:44 | free 30-minute coaching session with me |
00:00:42 | 00:00:46 | will flash your name right here if |
00:00:44 | 00:00:48 | that's you email Peter at ecommerce |
00:00:46 | 00:00:50 | Empire builders dot-com to schedule your |
00:00:48 | 00:00:52 | free 30-minute coaching session with me |
00:00:50 | 00:00:54 | and if you want to be the lucky winner |
00:00:52 | 00:00:56 | of a 30-minute coaching session with me |
00:00:54 | 00:00:58 | to tok about your new or existing |
00:00:56 | 00:01:00 | ecommerce business or whatever you like |
00:00:58 | 00:01:03 | all you have to do is drop a comment |
00:01:00 | 00:01:04 | down below on today's video and if you |
00:01:03 | 00:01:05 | want your question if you have a real |
00:01:04 | 00:01:07 | question and you actually want to answer |
00:01:05 | 00:01:10 | it by me live I answer all of your |
00:01:07 | 00:01:12 | questions alive during the first 30 |
00:01:10 | 00:01:14 | minutes of every video that launches on |
00:01:12 | 00:01:16 | this channel so make sure you hit that |
00:01:14 | 00:01:18 | subscribe button and you hit that |
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00:01:18 | 00:01:21 | Monday Wednesday Friday as we release |
00:01:19 | 00:01:23 | new content here on the channel but guys |
00:01:21 | 00:01:25 | to tok about the business that I lost |
00:01:23 | 00:01:26 | that was making 51 thousand dollars per |
00:01:25 | 00:01:29 | month |
00:01:26 | 00:01:30 | it actually was an Amazon FBA business |
00:01:29 | 00:01:32 | if you guys don't know what Amazon FBA |
00:01:30 | 00:01:33 | is I'll give you a quick rundown it |
00:01:32 | 00:01:35 | sounds like the greatest thing since |
00:01:33 | 00:01:37 | sliced bread essentially you go to a |
00:01:35 | 00:01:39 | Chinese manufacturer or a manufacturer |
00:01:37 | 00:01:41 | anywhere and you ship your physical |
00:01:39 | 00:01:44 | products to an Amazon warehouse now |
00:01:41 | 00:01:45 | Amazon handles everything for you they |
00:01:44 | 00:01:47 | handle the shipping the storage that |
00:01:45 | 00:01:49 | pick it pack it ship it to your customer |
00:01:47 | 00:01:51 | the customer service right they handle |
00:01:49 | 00:01:52 | all of that on your behalf right it |
00:01:51 | 00:01:55 | sounds amazing |
00:01:52 | 00:01:56 | however there's a huge huge flaw that a |
00:01:55 | 00:01:58 | lot of beginners that are just getting |
00:01:56 | 00:02:00 | started in e-commerce or aren't that |
00:01:58 | 00:02:01 | want to start an online business that |
00:02:00 | 00:02:03 | they think hey you know what that |
00:02:01 | 00:02:04 | they're they're covered like they have a |
00:02:03 | 00:02:06 | real business when they're on Amazon FBA |
00:02:04 | 00:02:09 | when in fact that's not the case you see |
00:02:06 | 00:02:11 | what happened to me is I fell for that |
00:02:09 | 00:02:12 | trap with Amazon FBA I fell for that lie |
00:02:11 | 00:02:13 | that a lot of people are like oh you can |
00:02:12 | 00:02:15 | create this fool |
00:02:13 | 00:02:17 | income using Amazon but the thing is |
00:02:15 | 00:02:19 | guys I was making good amount of money |
00:02:17 | 00:02:21 | on Amazon it however it wasn't enough |
00:02:19 | 00:02:23 | for me to actually quit my job but it |
00:02:21 | 00:02:24 | was really showing me like whoa like I |
00:02:23 | 00:02:25 | actually haven't got business here like |
00:02:24 | 00:02:26 | this thing is getting legs like I'm |
00:02:25 | 00:02:28 | gonna be able to start quitting my job |
00:02:26 | 00:02:30 | and set up my life how I want and and |
00:02:28 | 00:02:31 | that's what I was doing at that time I |
00:02:30 | 00:02:34 | remember I even bought my first brand |
00:02:31 | 00:02:35 | new car wit from my Amazon business |
00:02:34 | 00:02:37 | because I was like man like I'm actually |
00:02:35 | 00:02:38 | making some decent money now right this |
00:02:37 | 00:02:40 | is great I was again it wasn't able to |
00:02:38 | 00:02:42 | cut my job but I was making a nice |
00:02:40 | 00:02:44 | amount of money you know passively right |
00:02:42 | 00:02:45 | for myself and I thought everything was |
00:02:44 | 00:02:46 | great thought I had this whole online |
00:02:45 | 00:02:49 | business figured I thought it was the |
00:02:46 | 00:02:52 | big king like honestly but it think was |
00:02:49 | 00:02:55 | is one day I had a competitor of mine |
00:02:52 | 00:02:56 | make false claims on our business the |
00:02:55 | 00:02:58 | business was actually doing close to |
00:02:56 | 00:03:00 | eighty thousand dollars per month at |
00:02:58 | 00:03:01 | this time I was quarter four during |
00:03:00 | 00:03:03 | quarter four on Amazon is is awesome |
00:03:01 | 00:03:04 | right he just sales like literally |
00:03:03 | 00:03:05 | double but we were doing around eighty |
00:03:04 | 00:03:07 | thousand dollars a month and our |
00:03:05 | 00:03:10 | competitors saw that and they came and |
00:03:07 | 00:03:12 | made false IP claims against my business |
00:03:10 | 00:03:13 | right they came on the listing they said |
00:03:12 | 00:03:15 | hey he's infringing on patents and they |
00:03:13 | 00:03:17 | thinking about Amazon is they will shoot |
00:03:15 | 00:03:18 | first and they will ask no questions |
00:03:17 | 00:03:20 | right they're not gonna get caught up in |
00:03:18 | 00:03:22 | a legal battle between sellers by no |
00:03:20 | 00:03:24 | means that is not their business so they |
00:03:22 | 00:03:27 | shut my account down and that way my |
00:03:24 | 00:03:29 | competitors sales they drastikally just |
00:03:27 | 00:03:31 | went up right and that's a game that a |
00:03:29 | 00:03:33 | lot of Amazon sellers would make right |
00:03:31 | 00:03:35 | for me right it wasn't one of those |
00:03:33 | 00:03:36 | things I could you could bounce back |
00:03:35 | 00:03:37 | from right when you go through something |
00:03:36 | 00:03:39 | like that where you're listening it shut |
00:03:37 | 00:03:41 | down you quickly see as an Amazon FBA |
00:03:39 | 00:03:43 | seller and I don't know if you sell on |
00:03:41 | 00:03:44 | Amazon right now you might feel this but |
00:03:43 | 00:03:46 | and you might really want to ask |
00:03:44 | 00:03:48 | yourself this question is did anybody |
00:03:46 | 00:03:51 | actually care that my business is gone |
00:03:48 | 00:03:53 | right that's the big thing guys is when |
00:03:51 | 00:03:54 | I realized that look when my Amazon |
00:03:53 | 00:03:56 | business got shut down literally |
00:03:54 | 00:03:58 | overnight like literally within a couple |
00:03:56 | 00:03:59 | seconds it was done I got a couple |
00:03:58 | 00:04:01 | emails said hey you're listening with |
00:03:59 | 00:04:02 | suppressed in a couple of minutes after |
00:04:01 | 00:04:04 | I got another one said your listeners |
00:04:02 | 00:04:06 | had been suppressed and all five six |
00:04:04 | 00:04:08 | products that I was selling on Amazon at |
00:04:06 | 00:04:10 | the time we're all shut down and guess |
00:04:08 | 00:04:11 | what no one cared my customers didn't |
00:04:10 | 00:04:13 | care they just went and bought their |
00:04:11 | 00:04:15 | products from somebody else and that's |
00:04:13 | 00:04:16 | not the kind of business you want to be |
00:04:15 | 00:04:18 | in you want to be in a business |
00:04:16 | 00:04:20 | especially in an online e-commerce |
00:04:18 | 00:04:22 | business you want to be in the business |
00:04:20 | 00:04:24 | that your customers actually care about |
00:04:22 | 00:04:27 | you right you want to be in a business |
00:04:24 | 00:04:28 | where your customers right |
00:04:27 | 00:04:30 | you want to buy your product or service |
00:04:28 | 00:04:32 | because you deliver more value not a |
00:04:30 | 00:04:34 | commodity and that's a problem with a |
00:04:32 | 00:04:35 | lot of Amazon FBA sellers and that's the |
00:04:34 | 00:04:37 | biggest thing I want you to take away |
00:04:35 | 00:04:39 | from is that a lot of those Amazon FBA |
00:04:37 | 00:04:42 | sellers all they do is compete on price |
00:04:39 | 00:04:44 | they compete on price and not the value |
00:04:42 | 00:04:47 | that they give to their customers so |
00:04:44 | 00:04:49 | instead of competing on price right we |
00:04:47 | 00:04:51 | want to compete on actual value right |
00:04:49 | 00:04:53 | let's give our customers more so we can |
00:04:51 | 00:04:54 | actually charge more prices right that's |
00:04:53 | 00:04:56 | the way it should be that's the way you |
00:04:54 | 00:04:58 | should run your business the thing is |
00:04:56 | 00:05:00 | after I lost our Amazon FBA business |
00:04:58 | 00:05:02 | dude I went into such like a depressed |
00:05:00 | 00:05:05 | state I was blaming everybody but myself |
00:05:02 | 00:05:06 | right and it was it was a terrible dark |
00:05:05 | 00:05:09 | place right and I blamed everybody but |
00:05:06 | 00:05:10 | myself for it and I remember I kind of |
00:05:09 | 00:05:12 | like one day I was I was reading this |
00:05:10 | 00:05:13 | book I actually still remember it was |
00:05:12 | 00:05:15 | called the slight edge definitely pick |
00:05:13 | 00:05:16 | it up it was one of the first books that |
00:05:15 | 00:05:18 | I read like on entrepreneurship and it |
00:05:16 | 00:05:20 | really got me hooked on all this but |
00:05:18 | 00:05:21 | that book had us like write a bunch of |
00:05:20 | 00:05:23 | stuff in it like what's your goals all |
00:05:21 | 00:05:25 | these things and I remember opening up |
00:05:23 | 00:05:27 | that book and looking at all the things |
00:05:25 | 00:05:28 | I've written it in in the past like |
00:05:27 | 00:05:29 | saying hey like we here are my revenue |
00:05:28 | 00:05:31 | goals I don't be making X amount of |
00:05:29 | 00:05:33 | money by this point this way and I was |
00:05:31 | 00:05:35 | like what happened like this isn't even |
00:05:33 | 00:05:37 | me anymore right look look these goals I |
00:05:35 | 00:05:38 | hadn't completely forgotten about and I |
00:05:37 | 00:05:41 | remember I was on my way to work that |
00:05:38 | 00:05:42 | day and I went into work and I just |
00:05:41 | 00:05:44 | started researching in like how do I |
00:05:42 | 00:05:46 | start an online business how do I come |
00:05:44 | 00:05:48 | how do I actually have a business this |
00:05:46 | 00:05:50 | time that like I can't lose in the blink |
00:05:48 | 00:05:51 | of an eye and that's when I learned |
00:05:50 | 00:05:52 | about the drop Chang model if you don't |
00:05:51 | 00:05:54 | know what drop shipping is it's kind of |
00:05:52 | 00:05:57 | like I like using the example like a |
00:05:54 | 00:05:59 | triangle right essentially your supplier |
00:05:57 | 00:06:01 | right you sell a product to your |
00:05:59 | 00:06:03 | customer and then your supplier sends it |
00:06:01 | 00:06:06 | to that customer right and you take a |
00:06:03 | 00:06:08 | cut of the profit in between right very |
00:06:06 | 00:06:10 | very simple method now the nice thing |
00:06:08 | 00:06:11 | about drop shipping is that it is risk |
00:06:10 | 00:06:14 | free right you don't need a lot of money |
00:06:11 | 00:06:16 | to invest in it and it's very very you |
00:06:14 | 00:06:17 | don't need like ten twenty thousand |
00:06:16 | 00:06:19 | dollars to invest in inventory like |
00:06:17 | 00:06:21 | Amazon FBA and the best part about it is |
00:06:19 | 00:06:23 | that you actually create and hold your |
00:06:21 | 00:06:25 | own business you have full control the |
00:06:23 | 00:06:27 | business all right so the thing about |
00:06:25 | 00:06:28 | drop shipping was when I got started |
00:06:27 | 00:06:30 | with it I was just trying to sell |
00:06:28 | 00:06:33 | anything I possibly could or anything I |
00:06:30 | 00:06:34 | could possibly sell on Amazon that I was |
00:06:33 | 00:06:35 | selling on Amazon I was trying to sell |
00:06:34 | 00:06:36 | through funnels I was trying to sell all |
00:06:35 | 00:06:39 | these different sorts of products and |
00:06:36 | 00:06:41 | services and we're actually using like |
00:06:39 | 00:06:42 | Shopify storage |
00:06:41 | 00:06:43 | WooCommerce all sorts of different ads |
00:06:42 | 00:06:45 | of platforms and the thing is like I |
00:06:43 | 00:06:46 | wasn't able to still make a lot of money |
00:06:45 | 00:06:48 | I was starting to make sales I was |
00:06:46 | 00:06:50 | starting to learn how to actually be an |
00:06:48 | 00:06:51 | online marketer which I want you to |
00:06:50 | 00:06:53 | become right being a good online |
00:06:51 | 00:06:54 | marketer means you could sell anything |
00:06:53 | 00:06:56 | it's not just about e-commerce right |
00:06:54 | 00:06:58 | becoming a good online marketer is about |
00:06:56 | 00:07:00 | learning how you marketing online |
00:06:58 | 00:07:02 | marketing how to correct compelling |
00:07:00 | 00:07:04 | ahead so how to write compelling copy to |
00:07:02 | 00:07:05 | get people to part ways with their money |
00:07:04 | 00:07:07 | for your products or your services and |
00:07:05 | 00:07:08 | that's when I started like hugely |
00:07:07 | 00:07:10 | getting into books you guys can |
00:07:08 | 00:07:12 | obviously see the bookshelf behind me |
00:07:10 | 00:07:14 | just diving in paying for courses |
00:07:12 | 00:07:15 | jumping into mentors ships and just |
00:07:14 | 00:07:18 | learning as much as I him in only |
00:07:15 | 00:07:19 | possibly could but I still couldn't make |
00:07:18 | 00:07:21 | money right I was still working |
00:07:19 | 00:07:22 | full-time but I was seeing progress I |
00:07:21 | 00:07:24 | was making a few thousand bucks a month |
00:07:22 | 00:07:26 | but it wasn't enough to really quit my |
00:07:24 | 00:07:28 | job and that's what I actually learned |
00:07:26 | 00:07:30 | about during this time about sales |
00:07:28 | 00:07:33 | funnels and how do you sales funnels for |
00:07:30 | 00:07:34 | your ecommerce businesses right now if |
00:07:33 | 00:07:36 | you don't know what a sales funnel is |
00:07:34 | 00:07:39 | essentially you're guiding your customer |
00:07:36 | 00:07:41 | right from point A to point B right in a |
00:07:39 | 00:07:43 | very very straight line right as opposed |
00:07:41 | 00:07:45 | to a Shopify server there's a ton of |
00:07:43 | 00:07:47 | things going on on the store and a lot |
00:07:45 | 00:07:49 | of distractions a lot of products a lot |
00:07:47 | 00:07:51 | of services instead with my Amazon |
00:07:49 | 00:07:53 | instead of with my funnels I started |
00:07:51 | 00:07:55 | only focusing on one single product |
00:07:53 | 00:07:58 | that's it I only started focusing on one |
00:07:55 | 00:07:59 | single product at a time one product |
00:07:58 | 00:08:01 | that was already selling in the |
00:07:59 | 00:08:03 | marketplace and I would wrap a good |
00:08:01 | 00:08:04 | offer around that product now what do I |
00:08:03 | 00:08:06 | mean when I say hey I've wrapped a good |
00:08:04 | 00:08:08 | offer around that product well what I |
00:08:06 | 00:08:09 | mean is like I did not just sell a |
00:08:08 | 00:08:11 | fishing lure right because if I'm just |
00:08:09 | 00:08:12 | selling a fishing lure I'm back in the |
00:08:11 | 00:08:14 | space that I was with my Amazon sorry I |
00:08:12 | 00:08:15 | would be toast right I wouldn't I |
00:08:14 | 00:08:18 | wouldn't be able to compete on anything |
00:08:15 | 00:08:19 | besides price right however when you do |
00:08:18 | 00:08:21 | have an offer you can charge whatever |
00:08:19 | 00:08:24 | you want because an offer is a solution |
00:08:21 | 00:08:26 | to your customers problems okay an offer |
00:08:24 | 00:08:27 | actually takes some time for you as the |
00:08:26 | 00:08:30 | business owner to put together but that |
00:08:27 | 00:08:31 | little bit of effort will pay you for a |
00:08:30 | 00:08:33 | lifetime |
00:08:31 | 00:08:34 | okay because when you solve people's |
00:08:33 | 00:08:37 | problems and you actually care about |
00:08:34 | 00:08:38 | your customer and you're willing to go |
00:08:37 | 00:08:40 | do the research for your customer to |
00:08:38 | 00:08:41 | find out what their problems are what |
00:08:40 | 00:08:43 | their desires are what their pain points |
00:08:41 | 00:08:44 | are and actually solve those problems |
00:08:43 | 00:08:46 | right sounds crazy right solving |
00:08:44 | 00:08:47 | problems for your customers that's how |
00:08:46 | 00:08:48 | they're gonna pick you every day over |
00:08:47 | 00:08:50 | the weekend that's what I started |
00:08:48 | 00:08:53 | obsessing over right I would take these |
00:08:50 | 00:08:54 | one product I'll take this fishing lure |
00:08:53 | 00:08:56 | and I'd be like okay what do |
00:08:54 | 00:08:58 | I have to give to these people what do I |
00:08:56 | 00:09:00 | have to give to these people with this |
00:08:58 | 00:09:01 | fishing lure to get them to buy for me |
00:09:00 | 00:09:03 | every day that week I want it to be a |
00:09:01 | 00:09:05 | no-brainer I want it to be a 10 out of |
00:09:03 | 00:09:07 | 10 that they would always choose at me |
00:09:05 | 00:09:08 | when they compared it to the Amazon or a |
00:09:07 | 00:09:09 | competitor of mine and that's what I |
00:09:08 | 00:09:11 | started thinking about okay well you |
00:09:09 | 00:09:14 | know what what do my customers actually |
00:09:11 | 00:09:15 | want what does your customer actually |
00:09:14 | 00:09:17 | want from your product or your service |
00:09:15 | 00:09:19 | when you come from that place amazing |
00:09:17 | 00:09:21 | things happen magical things happen |
00:09:19 | 00:09:24 | somehow your bank account is going to be |
00:09:21 | 00:09:26 | growing because guess what people want |
00:09:24 | 00:09:27 | their problems solved every product |
00:09:26 | 00:09:29 | solves a problem right and you've |
00:09:27 | 00:09:30 | probably not heard this before because a |
00:09:29 | 00:09:31 | lot of people in the Shopify |
00:09:30 | 00:09:34 | drop-through maze all the gurus out |
00:09:31 | 00:09:36 | there and stuff they focus on the one |
00:09:34 | 00:09:37 | product sale right well first product |
00:09:36 | 00:09:39 | right they okay boom let's just get |
00:09:37 | 00:09:40 | let's throw as much money at this |
00:09:39 | 00:09:42 | product and you know sell this one |
00:09:40 | 00:09:45 | product when in fact that's not where |
00:09:42 | 00:09:47 | your money's made right for me that |
00:09:45 | 00:09:48 | first product I already have a better |
00:09:47 | 00:09:49 | offer than anybody else can compete with |
00:09:48 | 00:09:50 | my competitors but guess what even |
00:09:49 | 00:09:52 | though I already know I'm gonna be |
00:09:50 | 00:09:54 | making more money than them I'm not |
00:09:52 | 00:09:56 | stopping there right the next thing that |
00:09:54 | 00:09:58 | I really needed to start learning about |
00:09:56 | 00:10:00 | after my Amazon PA thing after failing |
00:09:58 | 00:10:02 | with Shopify for a bunch of times and |
00:10:00 | 00:10:04 | learning sales funnels is really |
00:10:02 | 00:10:07 | learning about how to upsell customers |
00:10:04 | 00:10:09 | properly upsells downsells right how to |
00:10:07 | 00:10:12 | really monetize the customer the moment |
00:10:09 | 00:10:13 | they come into your business right right |
00:10:12 | 00:10:15 | so upselling your customer complimentary |
00:10:13 | 00:10:17 | products upselling them into |
00:10:15 | 00:10:19 | subscription boxes right a subscription |
00:10:17 | 00:10:20 | is essentially a payment plan that they |
00:10:19 | 00:10:22 | pay you on a monthly basis let's say |
00:10:20 | 00:10:23 | they pay you $30 a month and you send |
00:10:22 | 00:10:26 | them fishing lures every month right |
00:10:23 | 00:10:28 | fantastik right very easy and it's very |
00:10:26 | 00:10:29 | easy for you to grow as a business owner |
00:10:28 | 00:10:31 | when you do have that predictable |
00:10:29 | 00:10:34 | monthly reoccurring revenue coming in |
00:10:31 | 00:10:36 | your door okay that is how I was able to |
00:10:34 | 00:10:37 | finally pay myself for my businesses and |
00:10:36 | 00:10:40 | that's how my business was able actually |
00:10:37 | 00:10:41 | reinvest more money through the upsells |
00:10:40 | 00:10:43 | right and there's a bunch of other ninja |
00:10:41 | 00:10:44 | tactiks that we do if you want to learn |
00:10:43 | 00:10:46 | more about that plus book a free call to |
00:10:44 | 00:10:48 | see how I can help you out attending the |
00:10:46 | 00:10:49 | class down below there'll be a link down |
00:10:48 | 00:10:50 | below in description of this video |
00:10:49 | 00:10:52 | plus a bunch of other bonuses and |
00:10:50 | 00:10:55 | templates and all that good stuff okay |
00:10:52 | 00:10:58 | but but the thing about the the |
00:10:55 | 00:11:00 | subscription guys is that it is a little |
00:10:58 | 00:11:01 | bit different for every business right a |
00:11:00 | 00:11:03 | lot of you are gonna be like well how |
00:11:01 | 00:11:04 | can I add subscription like I don't know |
00:11:03 | 00:11:06 | what I would do well if you can do |
00:11:04 | 00:11:07 | information you could do information if |
00:11:06 | 00:11:08 | you could do physical products in the |
00:11:07 | 00:11:09 | mail for |
00:11:08 | 00:11:12 | customers every month do that right |
00:11:09 | 00:11:14 | there is no right or wrong you can mix |
00:11:12 | 00:11:16 | the both worlds together right and |
00:11:14 | 00:11:17 | another thing that I really want you |
00:11:16 | 00:11:19 | guys to take away from is this when you |
00:11:17 | 00:11:21 | use a sales phone you're in your |
00:11:19 | 00:11:23 | business right when you use a sales |
00:11:21 | 00:11:25 | funnel in your business you actually are |
00:11:23 | 00:11:26 | create every step of it is making new |
00:11:25 | 00:11:27 | money |
00:11:26 | 00:11:29 | right a sales one was a different way of |
00:11:27 | 00:11:31 | thinking this that's right I encourage |
00:11:29 | 00:11:33 | you attend that class down below where I |
00:11:31 | 00:11:34 | can show you this visually right but |
00:11:33 | 00:11:36 | with a sales funnel the moment somebody |
00:11:34 | 00:11:37 | lands on your store they're not |
00:11:36 | 00:11:39 | overwhelmed they don't feel that |
00:11:37 | 00:11:40 | overwhelm there's no buttons or links to |
00:11:39 | 00:11:42 | go anywhere else |
00:11:40 | 00:11:44 | right there's only one thing they can do |
00:11:42 | 00:11:46 | when they first land on your store you |
00:11:44 | 00:11:48 | know what that is not buy from you no we |
00:11:46 | 00:11:50 | don't want to go frat sale we want micro |
00:11:48 | 00:11:52 | commitments right and that's the thing I |
00:11:50 | 00:11:54 | think a lot of you guys miss out on is |
00:11:52 | 00:11:55 | like you don't realize the power of a |
00:11:54 | 00:11:57 | micro commitment right getting that |
00:11:55 | 00:11:59 | customers email address getting that |
00:11:57 | 00:12:01 | customers name phone number and shipping |
00:11:59 | 00:12:03 | address before we even give them the |
00:12:01 | 00:12:05 | opportunity to buy because once they do |
00:12:03 | 00:12:06 | that they qualified themselves as a lead |
00:12:05 | 00:12:08 | to your business right now that person |
00:12:06 | 00:12:10 | is prime that person is a lot more |
00:12:08 | 00:12:11 | primed to buy from you now now we can |
00:12:10 | 00:12:14 | present with them the opportunity to |
00:12:11 | 00:12:16 | give us money right absolutely so |
00:12:14 | 00:12:18 | critikal right to build up that email is |
00:12:16 | 00:12:21 | build up that message about lists so |
00:12:18 | 00:12:23 | then you at least have that list that |
00:12:21 | 00:12:25 | audience for you to just to sell stuff |
00:12:23 | 00:12:26 | to right a lot of you guys are sitting |
00:12:25 | 00:12:28 | on email lists and you're sleeping on it |
00:12:26 | 00:12:29 | all right you're sleeping on your email |
00:12:28 | 00:12:32 | list because you have that's literally |
00:12:29 | 00:12:34 | money that you're not making right you |
00:12:32 | 00:12:35 | should be making offers all the time at |
00:12:34 | 00:12:37 | least on a weekly basis to your |
00:12:35 | 00:12:39 | customers getting them to come in to |
00:12:37 | 00:12:40 | your continuity program sell them on and |
00:12:39 | 00:12:42 | you offer right push them to your |
00:12:40 | 00:12:44 | Shopify store at that point pushing to a |
00:12:42 | 00:12:47 | affiliate offers whatever it is right |
00:12:44 | 00:12:48 | very very very very critikal guys to |
00:12:47 | 00:12:50 | build that audience if you ever plan to |
00:12:48 | 00:12:52 | sell your business and you're like for |
00:12:50 | 00:12:54 | example if you go look you can buy |
00:12:52 | 00:12:57 | Amazon FBA businesses so for so cheap |
00:12:54 | 00:12:58 | for so cheap you know why because no |
00:12:57 | 00:13:01 | investor wants to invest in Amazon FBA |
00:12:58 | 00:13:03 | business because guess what Amazon right |
00:13:01 | 00:13:04 | that is Amazon's of business all right |
00:13:03 | 00:13:06 | guess what Amazon does when they see |
00:13:04 | 00:13:08 | your products selling really well right |
00:13:06 | 00:13:09 | lots of times they'll take that product |
00:13:08 | 00:13:11 | and brand it for themselves and rank |
00:13:09 | 00:13:12 | themselves page one and then guess what |
00:13:11 | 00:13:14 | your sales tanked right boom your |
00:13:12 | 00:13:16 | business is gone just like that |
00:13:14 | 00:13:18 | there's too many negatives to start on |
00:13:16 | 00:13:19 | Amazon that's not to say guys as we end |
00:13:18 | 00:13:21 | this video that's not to say I don't |
00:13:19 | 00:13:24 | want to sell an Amazon right are on |
00:13:21 | 00:13:26 | a brand right we're gonna sell untapped |
00:13:24 | 00:13:27 | on Amazon but first we're gonna focus on |
00:13:26 | 00:13:29 | ourselves we're gonna focus on building |
00:13:27 | 00:13:31 | up cash so our own customers our own |
00:13:29 | 00:13:32 | continuity members then once things are |
00:13:31 | 00:13:33 | going that's what we can launch on |
00:13:32 | 00:13:35 | Amazon that's what we can launch on |
00:13:33 | 00:13:37 | Walmart right that's what we can start |
00:13:35 | 00:13:38 | finding all these different sales |
00:13:37 | 00:13:40 | channels where we can launch our |
00:13:38 | 00:13:42 | products and services right if you want |
00:13:40 | 00:13:44 | to learn more about this or you want to |
00:13:42 | 00:13:46 | see how I can help you personally along |
00:13:44 | 00:13:48 | with our other seven-figure experts on |
00:13:46 | 00:13:49 | the e-commerce empire builder team check |
00:13:48 | 00:13:51 | out the class down below you also have |
00:13:49 | 00:13:54 | an opportunity there to book a free 100% |
00:13:51 | 00:13:56 | free call with us on my team to see how |
00:13:54 | 00:13:58 | we can actually work together on this |
00:13:56 | 00:14:00 | and if you got tremendous value from |
00:13:58 | 00:14:02 | this video smash that like button for me |
00:14:00 | 00:14:04 | I appreciate every single like you guys |
00:14:02 | 00:14:05 | give me and it shows me that the content |
00:14:04 | 00:14:07 | on this channel is actually providing |
00:14:05 | 00:14:08 | you guys some value and also make sure |
00:14:07 | 00:14:10 | you drop a comment down below in today's |
00:14:08 | 00:14:12 | video for your chance to win a free |
00:14:10 | 00:14:13 | 30-minute coaching session with me and |
00:14:12 | 00:14:15 | you have a question make sure you drop |
00:14:13 | 00:14:16 | it within the first 30 minutes of this |
00:14:15 | 00:14:19 | video being posted so I answer your |
00:14:16 | 00:14:20 | question live and make sure you smash |
00:14:19 | 00:14:22 | that subscribe on and turn that little |
00:14:20 | 00:14:24 | notification bell and check out all the |
00:14:22 | 00:14:25 | bonus resources down in the description |
00:14:24 | 00:14:26 | of this video there's a bunch of sales |
00:14:25 | 00:14:28 | funnel templates there's a bunch of |
00:14:26 | 00:14:29 | links and all that stuff but as we have |
00:14:28 | 00:14:31 | this video we'll also post up a video |
00:14:29 | 00:14:32 | right here that is related to this one |
00:14:31 | 00:14:34 | so make sure you check that one out as |
00:14:32 | 00:14:38 | well but guys have a fantastik rest your |
00:14:34 | 00:14:38 | day and remember your empire starts now |
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