My Strategy To Hit 8 FIGURES Quickly In My Dropshipping Business 2019

Published on: November 27 2022 by Peter Pru - Ecommerce Empire Builders

My Strategy To Hit 8 FIGURES Quickly In My Dropshipping Business 2019

My Strategy To Hit 8 FIGURES Quickly In My Dropshipping Business 2019

My Strategy To Hit 8 FIGURES Quickly In My Dropshipping Business 2019

startTime	durationTime	text
00:00:00	00:00:04	today I'm going to be sharing with you
00:00:01	00:00:06	exactly how I plan to go from seven
00:00:04	00:00:12	figures to eight figures in my drop
00:00:06	00:00:14	shipping business so what does it take
00:00:12	00:00:16	to actually create a seven figure
00:00:14	00:00:18	business and scaling it to eight figures
00:00:16	00:00:19	and that's what I want to tok to you
00:00:18	00:00:21	guys about today and this is the
00:00:19	00:00:23	strategies that I plan to use for my
00:00:21	00:00:25	supplement business to get to that seven
00:00:23	00:00:27	figure mark quickly and then scale it to
00:00:25	00:00:30	the 8 figure mark very very profitably
00:00:27	00:00:32	now full disclosure I've never built an
00:00:30	00:00:33	eight-figure business before guys but
00:00:32	00:00:37	this is a strategy that I've gotten from
00:00:33	00:00:39	my mentors to show me how to build and
00:00:37	00:00:42	scale a profitable business to that
00:00:39	00:00:44	eight-figure mark now the reason we're
00:00:42	00:00:45	on the whiteboard guys is because a lot
00:00:44	00:00:47	of the things that we're going to be
00:00:45	00:00:50	toking about is putting you into place
00:00:47	00:00:52	as a CEO what I see a lot of people
00:00:50	00:00:53	doing especially when they're starting
00:00:52	00:00:55	to drop doing business is that they're
00:00:53	00:00:56	doing everything in their business and
00:00:55	00:00:58	unfortunately guys when you're starting
00:00:56	00:01:00	out in business that's just the way it
00:00:58	00:01:03	is you you have to do everything in your
00:01:00	00:01:06	business now I'm in a different position
00:01:03	00:01:08	in my life now where I don't necessarily
00:01:06	00:01:09	need to do everything in my in my
00:01:08	00:01:11	business from the from the get-go all
00:01:09	00:01:13	right so to really get to an
00:01:11	00:01:16	eight-figure business it's about putting
00:01:13	00:01:19	together a rockstar team that's gonna
00:01:16	00:01:22	help you get there ok so I want to show
00:01:19	00:01:24	you guys the map and the plan that I
00:01:22	00:01:26	used I'm planning to utilize to get to
00:01:24	00:01:27	that eight figure level seven figure
00:01:26	00:01:29	level very quickly I already know we're
00:01:27	00:01:30	gonna hit some figures in the supplement
00:01:29	00:01:34	business it's already in existence to me
00:01:30	00:01:35	so I know I can get there but the eight
00:01:34	00:01:38	figures I've never done it before and
00:01:35	00:01:41	that's why I've had to hire mentors to
00:01:38	00:01:43	help me teach me to to put the processes
00:01:41	00:01:44	and systems in place to get me there and
00:01:43	00:01:46	I'm gonna share some of those strategies
00:01:44	00:01:47	that I toked about with them with you
00:01:46	00:01:49	guys today
00:01:47	00:01:52	now the Frog with uh when you're scaling
00:01:49	00:01:53	your business putting yourself at the
00:01:52	00:01:57	center that's the goal right you have to
00:01:53	00:02:00	put yourself in that that CEO portion so
00:01:57	00:02:03	we're just gonna draw out how I exactly
00:02:00	00:02:09	plan to structure my business right out
00:02:03	00:02:11	of the gate so you are the CEO now what
00:02:09	00:02:13	a lot of you guys don't realize is that
00:02:11	00:02:15	when you're doing your business
00:02:13	00:02:17	if you're just a small you know just
00:02:15	00:02:19	maybe a six-figure business right now
00:02:17	00:02:21	you shouldn't be doing everything in
00:02:19	00:02:24	your business guys if you want to scale
00:02:21	00:02:26	your business like quickly profitably
00:02:24	00:02:28	I'm not waste series of your time you
00:02:26	00:02:30	know messing around learning everything
00:02:28	00:02:31	by yourself and implementing it all by
00:02:30	00:02:33	yourself you need to hire good people
00:02:31	00:02:35	now we're going to be toking about a
00:02:33	00:02:36	few of the key pieces here a couple them
00:02:35	00:02:38	are a little bit more advanced that
00:02:36	00:02:40	we're going to be going through but the
00:02:38	00:02:44	first one I will tok about how real
00:02:40	00:02:48	quick is customer service so we're just
00:02:44	00:02:51	gonna draw customer service now there's
00:02:48	00:02:53	a few key pieces that go into customer
00:02:51	00:02:55	service guys because it's not as simple
00:02:53	00:02:58	as just me I'm gonna go hire a VA yes
00:02:55	00:03:00	this is where we hire a VA right this is
00:02:58	00:03:02	the person that monitors emails answers
00:03:00	00:03:04	any kind of you know maybe messenger by
00:03:02	00:03:07	emails that come in on the business page
00:03:04	00:03:08	right this is just a person that is
00:03:07	00:03:10	maybe handling some of the order
00:03:08	00:03:14	fulfillment stuff but really customer
00:03:10	00:03:15	service is also call centers right one
00:03:14	00:03:18	of the things that I just recently did
00:03:15	00:03:19	has been on the phone a ton with
00:03:18	00:03:20	different kinds of costs under seeing
00:03:19	00:03:22	what kind of call center is going to
00:03:20	00:03:24	work for me I believe to scale a
00:03:22	00:03:25	business you need to use a call center I
00:03:24	00:03:27	personally have never really used call
00:03:25	00:03:30	centers before guys even with our
00:03:27	00:03:32	seven-figure businesses just because uh
00:03:30	00:03:34	you know I don't have a good reason for
00:03:32	00:03:36	why but I'm putting in a call center
00:03:34	00:03:39	right out of the gate just so customers
00:03:36	00:03:41	can be can be can feel more comfortable
00:03:39	00:03:44	if they have any questions about the
00:03:41	00:03:47	product and to be sold additional
00:03:44	00:03:49	services after the fact okay call
00:03:47	00:03:52	centers are great places to upsell your
00:03:49	00:03:56	customers on the phone immediately okay
00:03:52	00:03:58	extremely extremely important the next
00:03:56	00:04:00	part that I want to stress is social
00:03:58	00:04:03	media now we're only going through these
00:04:00	00:04:05	very quickly because I have toked about
00:04:03	00:04:06	these on the channel before so I click
00:04:05	00:04:07	little quickly just want to go through
00:04:06	00:04:09	these and get to the more the more
00:04:07	00:04:10	advanced stuff that we're going to be
00:04:09	00:04:13	toking about in a second here now
00:04:10	00:04:16	social media I mean guys you cannot you
00:04:13	00:04:18	do not have enough energy enough time
00:04:16	00:04:20	enough hours in a day to be able to run
00:04:18	00:04:21	your social media accounts effectively I
00:04:20	00:04:24	mean guys think about it
00:04:21	00:04:25	there's Instagram and I know some of you
00:04:24	00:04:27	guys are complaining about the audio I
00:04:25	00:04:30	know our mic is still not here
00:04:27	00:04:31	I apologize it'll be here soon so I have
00:04:30	00:04:34	a better mic when I'm turned this way
00:04:31	00:04:37	but you have Instagram you have Facebook
00:04:34	00:04:39	you have your Facebook groups right you
00:04:37	00:04:43	have Pinterest I mean guys the list goes
00:04:39	00:04:46	Twitter YouTube there's so many there's
00:04:43	00:04:48	stories for all of these platforms that
00:04:46	00:04:50	have to be made snapchat I mean guys
00:04:48	00:04:52	it's absurd how many different social
00:04:50	00:04:54	media channels are out there which is
00:04:52	00:04:56	fantastik for businesses right because
00:04:54	00:04:59	these are all assets that we can create
00:04:56	00:05:00	for ourselves right but you cannot you
00:04:59	00:05:02	don't have enough time to do these all
00:05:00	00:05:06	effectively Plus do all your customer
00:05:02	00:05:09	service Plus be the CEO guys this as a
00:05:06	00:05:13	CEO your main focus is strategy nothing
00:05:09	00:05:15	else you come up with strategies and you
00:05:13	00:05:19	have your team execute that is your goal
00:05:15	00:05:21	that is your only mission as a CEO you
00:05:19	00:05:24	come up with the strategy and your your
00:05:21	00:05:27	team puts it together now I would have
00:05:24	00:05:29	to keep toking about a few other other
00:05:27	00:05:33	pieces of this one is going to be
00:05:29	00:05:36	traffic now guys I'm not gonna go to all
00:05:33	00:05:38	the details of these because there's
00:05:36	00:05:40	gonna be things in my business where you
00:05:38	00:05:43	know what maybe I have two people doing
00:05:40	00:05:44	Twitter Pinterest YouTube or whatever
00:05:43	00:05:47	then I might have another team doing
00:05:44	00:05:48	Facebook groups Facebook Instagram right
00:05:47	00:05:50	like there's different different things
00:05:48	00:05:53	here so I'm not gonna go to these how
00:05:50	00:05:55	you want to hire these people but you
00:05:53	00:05:57	have to make your own best judgment if I
00:05:55	00:05:58	was just starting out letting you know
00:05:57	00:06:00	the way that I recommend you do it if
00:05:58	00:06:01	you're planning to start putting these
00:06:00	00:06:04	kind of thing just hire a customer
00:06:01	00:06:05	service manner I had a higher customer
00:06:04	00:06:06	service manager that just basically
00:06:05	00:06:08	handles order fulfillment emails those
00:06:06	00:06:11	kind of things customer phasing problems
00:06:08	00:06:14	social media manager maybe a traffic
00:06:11	00:06:17	manager now traffic is in my opinion the
00:06:14	00:06:18	most important thing I don't believe
00:06:17	00:06:20	that there is anything more important if
00:06:18	00:06:23	you don't have traffic to your website
00:06:20	00:06:25	to your funnels to whatever okay it is
00:06:23	00:06:26	the most important part to a drop
00:06:25	00:06:29	shipping business is the traffic now
00:06:26	00:06:30	traffic is a little bit more complex you
00:06:29	00:06:32	need good people if you don't have good
00:06:30	00:06:33	people on your traffic team you're never
00:06:32	00:06:35	you you're not going to be able to scale
00:06:33	00:06:38	this is one of the biggest problems I
00:06:35	00:06:39	see in drop shipping is that you know
00:06:38	00:06:39	there's other gurus out there that
00:06:39	00:06:41	you've probably
00:06:39	00:06:43	seen on YouTube and you're all running
00:06:41	00:06:45	your own traffic which is absurd to me
00:06:43	00:06:48	Facebook guys I love Facebook algorithm
00:06:45	00:06:50	but guess what is going to be the CEO of
00:06:48	00:06:51	myself a missus I'm probably not going
00:06:50	00:06:54	to be running my own Facebook guys
00:06:51	00:06:56	Facebook is changing way and far too
00:06:54	00:06:58	often for you to be able to focus on
00:06:56	00:07:01	strategy and also keeping up with all of
00:06:58	00:07:04	those updates ok extremely important to
00:07:01	00:07:07	understand that now there are two types
00:07:04	00:07:09	of traffic right you have the paid right
00:07:07	00:07:11	you have your paid and then you have
00:07:09	00:07:17	let's just call it your quote unquote
00:07:11	00:07:20	free traffic okay now paid traffic is
00:07:17	00:07:22	going to be your YouTube ads it's gonna
00:07:20	00:07:25	be your Facebook ads it's gonna be
00:07:22	00:07:27	Google it's gonna be Pinterest it's
00:07:25	00:07:29	gonna be anywhere that you can buy
00:07:27	00:07:31	advertising where your current customers
00:07:29	00:07:33	are hanging out key to understand start
00:07:31	00:07:35	on the paid platforms where your current
00:07:33	00:07:37	customers are already hanging out okay
00:07:35	00:07:39	now free traffic what do we tok about
00:07:37	00:07:44	free traffic well these are jayvees
00:07:39	00:07:49	joint ventures affiliates right
00:07:44	00:07:51	you dream 100 stuff right your assets
00:07:49	00:07:53	right free traffic is your social media
00:07:51	00:07:56	in some sense right so coming up with
00:07:53	00:07:57	very specific social media posts that
00:07:56	00:08:00	are going to push people push that free
00:07:57	00:08:02	traffic into the funnels into the maybe
00:08:00	00:08:04	some free bait free information whatever
00:08:02	00:08:07	it is to get them off of these platforms
00:08:04	00:08:09	and turn it into traffic that we control
00:08:07	00:08:11	right the goal with the free traffic it
00:08:09	00:08:13	really usually is to take it right and
00:08:11	00:08:15	turn it into traffic we own get them on
00:08:13	00:08:16	our email list get them to be customers
00:08:15	00:08:19	okay
00:08:16	00:08:21	so social social media right and there's
00:08:19	00:08:24	a ton of other things that also go into
00:08:21	00:08:26	this but you can see right like these
00:08:24	00:08:28	key pieces like for you as a business
00:08:26	00:08:30	owner there's really only like three
00:08:28	00:08:31	things that you need guys like there's
00:08:30	00:08:34	really only three things that you need
00:08:31	00:08:36	right your need or what are you selling
00:08:34	00:08:39	right that's your job right your job is
00:08:36	00:08:41	offer creation what are the offers that
00:08:39	00:08:43	you could put out to your customer to
00:08:41	00:08:45	come to the ER to your customer niche to
00:08:43	00:08:47	your niche right that's gonna make them
00:08:45	00:08:48	compelled enough to buy from you right
00:08:47	00:08:50	the medium we sell on is our sales
00:08:48	00:08:51	funnels if you're not using a sales
00:08:50	00:08:53	funnel for your drops
00:08:51	00:08:54	business you're crazy you're losing a
00:08:53	00:08:56	ton of money check out the sales funnel
00:08:54	00:08:57	master class down in the description on
00:08:56	00:09:00	this video where I show you how to build
00:08:57	00:09:02	an e-commerce empire using sales funnels
00:09:00	00:09:04	so you can create a full time income
00:09:02	00:09:07	right that's the medium the funnels for
00:09:04	00:09:10	now I build my own funnels ok that's my
00:09:07	00:09:12	job right I build my own funnels and
00:09:10	00:09:14	then traffic offer funnel traffic I've
00:09:12	00:09:16	said it so many times on this channel
00:09:14	00:09:18	that's all you need to get up and
00:09:16	00:09:20	running quickly offer what's the thing
00:09:18	00:09:21	you're selling how are you packaging it
00:09:20	00:09:23	together to get people to buy from you
00:09:21	00:09:24	what's the funnel that's the medium that
00:09:23	00:09:26	we're selling on right and there's a
00:09:24	00:09:28	bunch of templates down below also on
00:09:26	00:09:31	down description this video and then the
00:09:28	00:09:32	traffic traffic I believe is the one
00:09:31	00:09:35	thing that you can outsource guys you
00:09:32	00:09:38	can go hire agencies which is what we're
00:09:35	00:09:42	using that are specializing in your
00:09:38	00:09:44	specific specific field of work and they
00:09:42	00:09:46	can help you write implement different
00:09:44	00:09:49	ideas and tactiks that are working for
00:09:46	00:09:52	other industries into yours ok they have
00:09:49	00:09:55	an outside perspective they do this 24/7
00:09:52	00:09:57	you are not capable of doing this 24/7
00:09:55	00:09:59	if you're focusing on your facebook ads
00:09:57	00:10:00	24/7 you're never gonna hit 8 figures
00:09:59	00:10:03	you're probably never even gonna have a
00:10:00	00:10:05	seven figure business okay so you have
00:10:03	00:10:07	to start trusting other people hiring
00:10:05	00:10:09	other people and you focusing on the
00:10:07	00:10:11	strategy and execution of your business
00:10:09	00:10:12	and putting the right team members in
00:10:11	00:10:14	place think about it guys every big
00:10:12	00:10:16	missus you think the CEO is running
00:10:14	00:10:19	their Facebook ads or YouTube ads or any
00:10:16	00:10:22	of that stuff no not a chance
00:10:19	00:10:24	okay no chance okay so hire good people
00:10:22	00:10:27	in each of these slots for me these are
00:10:24	00:10:31	my main ones now a few other ones that I
00:10:27	00:10:32	am going to be looking for to hire this
00:10:31	00:10:34	is how I'm starting right this is how
00:10:32	00:10:36	we're starting the process when we first
00:10:34	00:10:39	first launched these are the pieces that
00:10:36	00:10:43	we're gonna have in place now a few
00:10:39	00:10:45	other key a big a big big team members
00:10:43	00:10:48	that I'm going to want on this team are
00:10:45	00:10:50	going to be a project manager alright
00:10:48	00:10:52	we'll just write PMS now what's the goal
00:10:50	00:10:55	of the project manager well it sounds
00:10:52	00:10:56	corny but basically the project manager
00:10:55	00:10:59	is basically going to be the person that
00:10:56	00:11:00	you tok to with your strategy right and
00:10:59	00:11:03	then the project manager is going to
00:11:00	00:11:04	facilitate the specific task creating
00:11:03	00:11:06	very specific tasks
00:11:04	00:11:09	for each of this team to get your
00:11:06	00:11:12	project from idea to completion and
00:11:09	00:11:14	execution project managers are extremely
00:11:12	00:11:16	well organized people now I am I
00:11:14	00:11:18	consider myself a well organized person
00:11:16	00:11:19	but not as good as a project manager
00:11:18	00:11:21	project manners I think are critikal
00:11:19	00:11:23	maybe if I hey we're launching a new
00:11:21	00:11:25	project we're gonna hire a project
00:11:23	00:11:27	manager to help us facilitate all this
00:11:25	00:11:29	make sure everything runs smoothly make
00:11:27	00:11:31	sure everybody's held accountable on our
00:11:29	00:11:33	dream team here and is doing the work so
00:11:31	00:11:37	one launch day comes everything runs
00:11:33	00:11:39	smoothly other ones our copywriters
00:11:37	00:11:41	write I want to hire a copywriter for my
00:11:39	00:11:44	for my business guys because the
00:11:41	00:11:46	copywriter all right and so this is a
00:11:44	00:11:48	very this is probably a very expensive
00:11:46	00:11:50	piece the copywriter guys because the
00:11:48	00:11:52	copywriter knows your audience better
00:11:50	00:11:55	than you and that's straight up honestly
00:11:52	00:11:57	copywriters they understand markets very
00:11:55	00:11:59	very well and you want your copper to
00:11:57	00:12:00	understand you your market very very
00:11:59	00:12:03	well they're going to be writing your
00:12:00	00:12:05	emails email sequences your daily
00:12:03	00:12:06	broadcast emails to you to your email
00:12:05	00:12:09	list they're going to be writing the
00:12:06	00:12:11	copy for your funnels right they're
00:12:09	00:12:14	going to be doing anything that has to
00:12:11	00:12:15	do with words that are facing your
00:12:14	00:12:18	customers it might be even though social
00:12:15	00:12:20	media posts for the words it might be
00:12:18	00:12:21	it's the advertisements right they're
00:12:20	00:12:25	gonna work very closely with the paid
00:12:21	00:12:26	traffic team to to come up with good
00:12:25	00:12:29	compelling headlines two good compelling
00:12:26	00:12:32	stories and good compelling call to
00:12:29	00:12:34	actions to get those customers right
00:12:32	00:12:35	into our funnels okay
00:12:34	00:12:38	ak operators extremely extremely
00:12:35	00:12:40	important and to me these key pieces
00:12:38	00:12:42	right these key pieces and obviously
00:12:40	00:12:44	under customer service will have a
00:12:42	00:12:46	fulfillment team we were using directly
00:12:44	00:12:47	our manufacturer for our supplement
00:12:46	00:12:48	business who's going to be doing our
00:12:47	00:12:50	fulfillment sending out tracking and all
00:12:48	00:12:52	that good stuff so that's pretty pretty
00:12:50	00:12:55	set for us right there with fulfillment
00:12:52	00:12:57	now these key pieces guys I think are
00:12:55	00:13:00	what is going to help me get to an
00:12:57	00:13:01	eight-figure business quickly if I could
00:13:00	00:13:04	tell you the most important one that I
00:13:01	00:13:07	think for me is going to be is this I
00:13:04	00:13:09	think it's gonna be this the traffic
00:13:07	00:13:11	right the traffic is the lifeblood of
00:13:09	00:13:14	the business both free and paid and each
00:13:11	00:13:15	of these is their own team so just even
00:13:14	00:13:16	on their traffic guys you might think oh
00:13:15	00:13:18	I'm just gonna hire try
00:13:16	00:13:20	manager that's gonna run my YouTube ads
00:13:18	00:13:22	Facebook guides Pinter says Google had
00:13:20	00:13:23	like no each of these is their own
00:13:22	00:13:24	person right we have a different person
00:13:23	00:13:26	for you to bet different person for our
00:13:24	00:13:29	Facebook Ads a different person for our
00:13:26	00:13:30	Google Ads then we right now we have
00:13:29	00:13:32	we're gonna just probably one person for
00:13:30	00:13:34	all our free traffic stuff right so
00:13:32	00:13:36	input a really really key part to
00:13:34	00:13:38	understand about that is I think the
00:13:36	00:13:40	traffic is something that a lot of you I
00:13:38	00:13:42	think would would benefit greatly up is
00:13:40	00:13:44	giving like agencies a shot I've had
00:13:42	00:13:47	I've been working with a lot of agencies
00:13:44	00:13:48	over the past two years and have had
00:13:47	00:13:51	it's just amazing results it really does
00:13:48	00:13:52	take the stress off of you right it
00:13:51	00:13:54	takes the stress off of you so you can
00:13:52	00:13:56	focus on the strategy of your business
00:13:54	00:13:58	right that's where the CEO needs to be
00:13:56	00:14:01	right you are a CEO if you have a
00:13:58	00:14:02	business right now you are a CEO and if
00:14:01	00:14:04	you're constantly doing social media
00:14:02	00:14:06	posts fulfilling customer service and
00:14:04	00:14:08	then trying to keep up to the latest
00:14:06	00:14:10	trends and YouTube ads and Facebook ads
00:14:08	00:14:12	and all that it's gonna be tough for you
00:14:10	00:14:13	now I'm not saying be ignorant know
00:14:12	00:14:15	those things very important to know like
00:14:13	00:14:17	I'm constantly learning about the new
00:14:15	00:14:19	latest Facebook updates just so I'm
00:14:17	00:14:21	aware of them and I understand them but
00:14:19	00:14:24	you want to put trust in other people
00:14:21	00:14:25	especially agencies that have that
00:14:24	00:14:27	experience that can help you write
00:14:25	00:14:28	helped you a lot more especially if
00:14:27	00:14:31	you're just getting brand-new into this
00:14:28	00:14:32	but now is that as if from Daisy I hope
00:14:31	00:14:34	you found today's video super helpful
00:14:32	00:14:35	please smash that subscribe button if
00:14:34	00:14:37	you got tremendous value and smash that
00:14:35	00:14:38	subscribe button turn the notification
00:14:37	00:14:41	bone so you're notified each and every
00:14:38	00:14:43	single day of new e-commerce mindset
00:14:41	00:14:46	business related videos on this channel
00:14:43	00:14:47	guys and if you are just starting your
00:14:46	00:14:49	first e-commerce business and you want
00:14:47	00:14:51	to see how I build my e-commerce
00:14:49	00:14:54	businesses using simple five-step
00:14:51	00:14:56	five-page funnels right no Shopify no
00:14:54	00:14:58	Amazon FBA no expensive paid traffic
00:14:56	00:14:59	whatsoever make sure you check out the
00:14:58	00:15:01	link in the description of this video
00:14:59	00:15:03	it'll be the sales funnel masterclass
00:15:01	00:15:03	but guys that is it for today's video I
00:15:03	00:15:05	hope you have an absolutely fantastik
00:15:03	00:15:08	rest of your day and remember your
00:15:05	00:15:19	empire starts now