Scaling A Dropshipping Business To $100K Per Month In 2019 (What It Takes)
Published on: November 27 2022 by Peter Pru - Ecommerce Empire Builders
Scaling A Dropshipping Business To $100K Per Month In 2019 (What It Takes)
Scaling A Dropshipping Business To $100K Per Month In 2019 (What It Takes)
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00:00:00 | 00:00:04 | yo what is up Empire builders so I see a |
00:00:01 | 00:00:06 | lot of people toking about making 100k |
00:00:04 | 00:00:08 | per month in their drop shipping |
00:00:06 | 00:00:10 | business but nobody's elaborating how to |
00:00:08 | 00:00:11 | actually get to that point what do the |
00:00:10 | 00:00:13 | numbers actually have to look like for |
00:00:11 | 00:00:16 | you to scale your drop sharing business |
00:00:13 | 00:00:17 | to be making a hundred thousand dollars |
00:00:16 | 00:00:19 | a month and that's exactly what we're |
00:00:17 | 00:00:22 | gonna be covering in today's video so |
00:00:19 | 00:00:22 | let's get right into it |
00:00:23 | 00:00:27 | what's up Empire builders so in today's |
00:00:25 | 00:00:29 | video we're gonna be toking about how |
00:00:27 | 00:00:30 | to scale your ecommerce drop shipping |
00:00:29 | 00:00:32 | business to that hundred thousand |
00:00:30 | 00:00:35 | dollars per month level and what you |
00:00:32 | 00:00:36 | kind of need to do to get even to that |
00:00:35 | 00:00:38 | level before you can even start thinking |
00:00:36 | 00:00:39 | about it number wise okay so if you're |
00:00:38 | 00:00:41 | bright headed the e-commerce Empire |
00:00:39 | 00:00:43 | builders I just want to give you a |
00:00:41 | 00:00:44 | welcome to the Empire Builder family |
00:00:43 | 00:00:45 | here make sure you subscribe to the |
00:00:44 | 00:00:47 | channel you turn that little |
00:00:45 | 00:00:48 | notification bell on down below and make |
00:00:47 | 00:00:50 | sure you check out all the free |
00:00:48 | 00:00:52 | resources and training materials down in |
00:00:50 | 00:00:55 | the description of this video but guys |
00:00:52 | 00:00:57 | let's get right into it so to really uh |
00:00:55 | 00:00:58 | - you really want to again keeping |
00:00:57 | 00:01:00 | things simple you want to break the |
00:00:58 | 00:01:03 | numbers down smaller right look at the |
00:01:00 | 00:01:05 | numbers at a small scale because as you |
00:01:03 | 00:01:07 | grow your business the numbers basically |
00:01:05 | 00:01:09 | are the same even I had a larger scale |
00:01:07 | 00:01:11 | so if your cost per conversions are you |
00:01:09 | 00:01:13 | know twenty dollars now they're not |
00:01:11 | 00:01:15 | gonna get lower as you start scaling |
00:01:13 | 00:01:18 | guys okay they're gonna be roughly the |
00:01:15 | 00:01:20 | same okay this is if you're building |
00:01:18 | 00:01:23 | your business properly now so let's look |
00:01:20 | 00:01:24 | at just a normal example of all let's |
00:01:23 | 00:01:26 | just look at like a typical Shopify |
00:01:24 | 00:01:28 | dropshipping store ok because I think a |
00:01:26 | 00:01:30 | lot of people that come on this channel |
00:01:28 | 00:01:31 | or Shopify dropshippers and they don't |
00:01:30 | 00:01:34 | understand sales funnels yet so let's |
00:01:31 | 00:01:37 | look at Shopify right so with a Shopify |
00:01:34 | 00:01:40 | store right to hit your storefront right |
00:01:37 | 00:01:42 | they do an ad - car or product page here |
00:01:40 | 00:01:43 | product page and then they eventually |
00:01:42 | 00:01:45 | leave right they just go to a Thank You |
00:01:43 | 00:01:47 | page there's like one more page in here |
00:01:45 | 00:01:49 | I can check out page but whatever let's |
00:01:47 | 00:01:53 | say you're selling something for you |
00:01:49 | 00:01:55 | know you know 1297 let's say 1297 now |
00:01:53 | 00:01:56 | industry average across all the clients |
00:01:55 | 00:01:58 | I've worked with students that I've |
00:01:56 | 00:02:00 | sacrificed so as we're transitioning |
00:01:58 | 00:02:03 | them off of Shopify into a sales falls |
00:02:00 | 00:02:07 | what we've seen is typically customers |
00:02:03 | 00:02:09 | will be buying 1.3 units in your Shopify |
00:02:07 | 00:02:10 | store 1.3 unit so what we want to do is |
00:02:09 | 00:02:14 | we want |
00:02:10 | 00:02:16 | your unit times your number by 1.3 so we |
00:02:14 | 00:02:20 | can kind of see what the average cart |
00:02:16 | 00:02:22 | value is in your in your Shopify storage |
00:02:20 | 00:02:26 | okay now let me get my trusty calculator |
00:02:22 | 00:02:28 | here so we'll do twelve dot 97 twelve |
00:02:26 | 00:02:29 | point ninety seven times one point three |
00:02:28 | 00:02:34 | and that's going to give you an average |
00:02:29 | 00:02:36 | car value of sixteen dollars and 86 |
00:02:34 | 00:02:37 | cents okay now it's your average cart |
00:02:36 | 00:02:39 | value now that's all well and good guys |
00:02:37 | 00:02:42 | some of you guys might be using zip if I |
00:02:39 | 00:02:45 | where you have like your back-end sales |
00:02:42 | 00:02:47 | here as well where you're kind of |
00:02:45 | 00:02:49 | selling uh you know more product to them |
00:02:47 | 00:02:51 | which is fantastik but the problem still |
00:02:49 | 00:02:52 | remains that no matter what you have on |
00:02:51 | 00:02:54 | the back end it doesn't matter if people |
00:02:52 | 00:02:56 | aren't buying from you and that's the |
00:02:54 | 00:02:59 | problem with Shopify is you're only |
00:02:56 | 00:03:00 | getting that one point three a percent |
00:02:59 | 00:03:02 | conversion rate and that is released by |
00:03:00 | 00:03:05 | Shopify coincidentally it's the same |
00:03:02 | 00:03:06 | number as right here 1.3 percent |
00:03:05 | 00:03:08 | conversion rate that means one out of |
00:03:06 | 00:03:10 | 100 roughly 1.3 out of 100 people will |
00:03:08 | 00:03:12 | buy from you and go see the back end |
00:03:10 | 00:03:14 | funnel if you have any upsells and stuff |
00:03:12 | 00:03:17 | like that but let's just focus to keep |
00:03:14 | 00:03:20 | it simple keep the example simple here |
00:03:17 | 00:03:23 | with here just on this product page so |
00:03:20 | 00:03:25 | now I understand some of you will say oh |
00:03:23 | 00:03:27 | well I have a ton of different products |
00:03:25 | 00:03:28 | and I make sales on all of them well I |
00:03:27 | 00:03:30 | beg you to sort of change your |
00:03:28 | 00:03:33 | perspective and think about the 80/20 |
00:03:30 | 00:03:35 | principle okay and this is why I love |
00:03:33 | 00:03:38 | simple business I love simple businesses |
00:03:35 | 00:03:40 | because I focus hey well let me explain |
00:03:38 | 00:03:42 | if you don't know what the 80/20 rule is |
00:03:40 | 00:03:45 | it means 80% of your sales come from 20% |
00:03:42 | 00:03:47 | of your products right so if your stores |
00:03:45 | 00:03:49 | do it has hundreds of products inside it |
00:03:47 | 00:03:52 | only 20% of that hundred are actually |
00:03:49 | 00:03:55 | making you any sales now me I'd rather |
00:03:52 | 00:03:57 | just focus on four five product offers |
00:03:55 | 00:04:00 | and that's it to grow my seven-figure |
00:03:57 | 00:04:01 | business right I don't need hundreds and |
00:04:00 | 00:04:04 | hundreds of products right there's 80 |
00:04:01 | 00:04:06 | percent it's wasted time right my focus |
00:04:04 | 00:04:08 | needs to be on are the four core |
00:04:06 | 00:04:10 | products for core product offers that I |
00:04:08 | 00:04:12 | have now to just show this in |
00:04:10 | 00:04:14 | perspective when we compare it to the |
00:04:12 | 00:04:16 | funnel if you had this product here |
00:04:14 | 00:04:18 | right and let's say you will you want to |
00:04:16 | 00:04:19 | get scale this one product to a hundred |
00:04:18 | 00:04:21 | thousand dollars |
00:04:19 | 00:04:22 | a month now let's do a hundred thousand |
00:04:21 | 00:04:26 | like how many units do you actually have |
00:04:22 | 00:04:29 | to sell this divided by sixteen dollars |
00:04:26 | 00:04:31 | and 86 cents okay that's five thousand |
00:04:29 | 00:04:33 | that's five thousand units you would |
00:04:31 | 00:04:35 | need to sell five thousand nine hundred |
00:04:33 | 00:04:36 | and thirty-one units you'd need to sell |
00:04:35 | 00:04:38 | of this one product now again I know |
00:04:36 | 00:04:40 | some of you guys are gonna be like well |
00:04:38 | 00:04:41 | Pete like I have to sell a bunch of |
00:04:40 | 00:04:43 | different products let's just keep it |
00:04:41 | 00:04:45 | simple here okay you're roughly gonna |
00:04:43 | 00:04:47 | need to sell five thousand nine hundred |
00:04:45 | 00:04:51 | thirty one products at six thousand |
00:04:47 | 00:04:52 | roughly two to get to that level okay |
00:04:51 | 00:04:53 | now I want to keep this a little bit |
00:04:52 | 00:04:55 | simpler for you guys because a lot of |
00:04:53 | 00:04:58 | people tok about you know one product |
00:04:55 | 00:05:00 | drop shipping but this this is hard to |
00:04:58 | 00:05:02 | scale right and even if we do mix in |
00:05:00 | 00:05:03 | some upsells in the background here |
00:05:02 | 00:05:06 | where we're selling some more units |
00:05:03 | 00:05:09 | again it doesn't matter right if we add |
00:05:06 | 00:05:11 | up cells into our Shopify store because |
00:05:09 | 00:05:13 | our conversions are really low okay and |
00:05:11 | 00:05:16 | you can't add in the one core piece the |
00:05:13 | 00:05:18 | continuity which is that reoccurring a |
00:05:16 | 00:05:21 | piece of the business and which is going |
00:05:18 | 00:05:23 | to allow you to get $200,000 per month |
00:05:21 | 00:05:26 | much faster than just focusing on this |
00:05:23 | 00:05:27 | right that's the secret so the reason a |
00:05:26 | 00:05:30 | lot of people will never be able to be |
00:05:27 | 00:05:32 | successful in this business is because |
00:05:30 | 00:05:35 | they focus on this right they're |
00:05:32 | 00:05:38 | focusing on the front and sale that's it |
00:05:35 | 00:05:40 | they're not focusing on back-end sales |
00:05:38 | 00:05:41 | right they're not focusing on continuity |
00:05:40 | 00:05:43 | not focus on on email marketing they're |
00:05:41 | 00:05:44 | not focusing on follow-up funnels |
00:05:43 | 00:05:46 | they're not focusing on any of those |
00:05:44 | 00:05:49 | things they're just trying to make this |
00:05:46 | 00:05:50 | and this right you're trying to make |
00:05:49 | 00:05:54 | five thousand nine hundred thirty one |
00:05:50 | 00:05:56 | sales oh one product which is very very |
00:05:54 | 00:05:58 | very freaking difficult okay now let me |
00:05:56 | 00:06:00 | show you guys when we plug this into |
00:05:58 | 00:06:03 | like a funnel and what the numbers can |
00:06:00 | 00:06:05 | look like right and there will be a |
00:06:03 | 00:06:06 | funnel for download a templated funnel |
00:06:05 | 00:06:08 | down in the description of this video |
00:06:06 | 00:06:10 | just click that link it'll take you to |
00:06:08 | 00:06:11 | where all the bonuses on the channel are |
00:06:10 | 00:06:13 | offered as well as a sales funnel |
00:06:11 | 00:06:14 | masterclass where you can get some more |
00:06:13 | 00:06:18 | advanced training on what we're toking |
00:06:14 | 00:06:19 | about here now with the funnel right all |
00:06:18 | 00:06:22 | right we'll just draw an opt-in page or |
00:06:19 | 00:06:25 | is it just we're opting in right here is |
00:06:22 | 00:06:27 | our order page now on the order page |
00:06:25 | 00:06:30 | typically here you're going to be seeing |
00:06:27 | 00:06:32 | three point four units right three point |
00:06:30 | 00:06:33 | four units so if we have that same same |
00:06:32 | 00:06:36 | prod |
00:06:33 | 00:06:38 | 1297 we timed it out by three point four |
00:06:36 | 00:06:40 | now some of you might believe well by |
00:06:38 | 00:06:42 | three point four Pete like what how well |
00:06:40 | 00:06:43 | we do quantity break discounts on our |
00:06:42 | 00:06:47 | order form that's why that's why I'm |
00:06:43 | 00:06:48 | converts as well as it does okay when |
00:06:47 | 00:06:50 | you offer quantity break discount so I |
00:06:48 | 00:06:51 | know there's some absence Shopify world |
00:06:50 | 00:06:53 | but from what I've seen the numbers |
00:06:51 | 00:06:55 | still aren't that good because again |
00:06:53 | 00:06:56 | your conversion rates are lower the |
00:06:55 | 00:06:57 | reason your conversion rates are lowest |
00:06:56 | 00:06:59 | because it's a Shopify sir it's not |
00:06:57 | 00:07:01 | meant to guide the customer by the hand |
00:06:59 | 00:07:04 | step by step by step like a sales funnel |
00:07:01 | 00:07:07 | does so let's do twelve dot ninety seven |
00:07:04 | 00:07:09 | times three point four and that's forty |
00:07:07 | 00:07:11 | four dollars that's forty four dollars |
00:07:09 | 00:07:13 | guys right do you remember two sixteen |
00:07:11 | 00:07:17 | dollars right do you remember two |
00:07:13 | 00:07:18 | sixteen dollars that we have to have the |
00:07:17 | 00:07:20 | sixteen dollar average card that we were |
00:07:18 | 00:07:23 | making right here just on the order form |
00:07:20 | 00:07:26 | right so let's do a hundred thousand |
00:07:23 | 00:07:27 | because this product offer is we're just |
00:07:26 | 00:07:32 | going to do this with a one product |
00:07:27 | 00:07:34 | example divided by 4409 and let's see |
00:07:32 | 00:07:40 | where we get look look how drastikally |
00:07:34 | 00:07:42 | lower this is 2268 sales much easier |
00:07:40 | 00:07:45 | than trying to go and make six thousand |
00:07:42 | 00:07:47 | sales okay now let's look at this even a |
00:07:45 | 00:07:49 | little bit further okay |
00:07:47 | 00:07:52 | that means two thousand two hundred and |
00:07:49 | 00:07:54 | sixty-eight sales on this page right |
00:07:52 | 00:07:57 | roughly with an average cart just on the |
00:07:54 | 00:07:59 | order page of forty four dollars okay |
00:07:57 | 00:08:01 | now there's other optin look you could |
00:07:59 | 00:08:02 | run this an opt-in page your order page |
00:08:01 | 00:08:04 | and already be making more money than |
00:08:02 | 00:08:06 | you Shopify server but guess what I want |
00:08:04 | 00:08:07 | you to make as much more money as much |
00:08:06 | 00:08:09 | money as you humanly possibly can and |
00:08:07 | 00:08:11 | help your customers achieve that result |
00:08:09 | 00:08:13 | that they want as best as you can so |
00:08:11 | 00:08:14 | there's another thing we can add in here |
00:08:13 | 00:08:17 | it's called our order bump now these are |
00:08:14 | 00:08:19 | just a pre purchased upsell to toss in |
00:08:17 | 00:08:20 | item it's like a bean in a grocery store |
00:08:19 | 00:08:22 | line throwing in that little extra |
00:08:20 | 00:08:25 | add-on right bag of chips right a |
00:08:22 | 00:08:27 | no-brainer offer okay that's what's put |
00:08:25 | 00:08:28 | an order form usually if I was selling |
00:08:27 | 00:08:30 | to twelve ninety seven dollar product |
00:08:28 | 00:08:34 | here I would price it around you know |
00:08:30 | 00:08:36 | 1497 1697 so again boom we're already |
00:08:34 | 00:08:37 | making more money right here we're |
00:08:36 | 00:08:40 | already making more money with just now |
00:08:37 | 00:08:42 | the order bump this starts going lower |
00:08:40 | 00:08:44 | why does this number start going lower |
00:08:42 | 00:08:46 | because our average cart value starts |
00:08:44 | 00:08:49 | going higher okay |
00:08:46 | 00:08:52 | now the order bumps right order bumps or |
00:08:49 | 00:08:53 | are upsells right we like to sell more |
00:08:52 | 00:08:56 | of the same thing here |
00:08:53 | 00:09:01 | on the first two all right upsell number |
00:08:56 | 00:09:03 | one upsell number two right and again |
00:09:01 | 00:09:05 | now right you're getting customers to |
00:09:03 | 00:09:09 | adore this little average car value is |
00:09:05 | 00:09:12 | going to start rising drastikally faster |
00:09:09 | 00:09:14 | because you're now up selling them more |
00:09:12 | 00:09:15 | of what they just bought right at a |
00:09:14 | 00:09:17 | better discount and same thing here |
00:09:15 | 00:09:19 | right and we're going to you can again |
00:09:17 | 00:09:21 | once you download the template down |
00:09:19 | 00:09:22 | below of the of the funnels this is all |
00:09:21 | 00:09:24 | built to help for you can see what I |
00:09:22 | 00:09:25 | mean and I right in there okay here this |
00:09:24 | 00:09:27 | is where you just sell out a better |
00:09:25 | 00:09:29 | discount here's where you sell a better |
00:09:27 | 00:09:32 | discount right one product one product |
00:09:29 | 00:09:35 | and this by that by the point that this |
00:09:32 | 00:09:36 | gets here this average cart value and |
00:09:35 | 00:09:38 | I'm going to even look I'm gonna lowball |
00:09:36 | 00:09:39 | it guys cuz I know some of you are gonna |
00:09:38 | 00:09:41 | be like oh this doesn't make any sense |
00:09:39 | 00:09:44 | guys this average her I will lowball |
00:09:41 | 00:09:47 | this okay this average cart value will |
00:09:44 | 00:09:49 | probably be just 64 ma will just say 64 |
00:09:47 | 00:09:52 | dollars it would be higher but I'm just |
00:09:49 | 00:09:54 | going to do 64 dollars for the |
00:09:52 | 00:09:57 | simplicity of it just here all right |
00:09:54 | 00:09:59 | compared to the $16 and eighty-six cart |
00:09:57 | 00:10:01 | value that you're having through Shopify |
00:09:59 | 00:10:02 | and once again guys I know some of your |
00:10:01 | 00:10:03 | gonna be saying well Pete I can just add |
00:10:02 | 00:10:05 | up those to my Shopify store I could |
00:10:03 | 00:10:08 | just do this on Shopify your comfort |
00:10:05 | 00:10:10 | this doesn't matter in your Shopify |
00:10:08 | 00:10:14 | store because your conversions here are |
00:10:10 | 00:10:16 | lower okay here on it on that on the |
00:10:14 | 00:10:19 | clip funnels on sales funnels you're |
00:10:16 | 00:10:21 | getting 10 to 15 percent conversion that |
00:10:19 | 00:10:24 | means 10 out of a hundred people buy |
00:10:21 | 00:10:26 | from you and you're collecting email |
00:10:24 | 00:10:27 | leads right that you can follow up with |
00:10:26 | 00:10:29 | later on and send them different |
00:10:27 | 00:10:31 | promotions and all of that stuff right |
00:10:29 | 00:10:33 | so as this keeps growing higher the |
00:10:31 | 00:10:36 | amount of orders you need is getting |
00:10:33 | 00:10:39 | lower to get to that six-figure mark |
00:10:36 | 00:10:42 | okay so here at 64 right now if we look |
00:10:39 | 00:10:43 | at our average cart value is $64 okay |
00:10:42 | 00:10:45 | well let's see well how many customers |
00:10:43 | 00:10:49 | do we need um |
00:10:45 | 00:10:54 | 100 to make $100,000 a month at a $64 |
00:10:49 | 00:10:59 | average cart right 100,000 divided by 64 |
00:10:54 | 00:11:03 | right 1562 |
00:10:59 | 00:11:04 | oops 1562 now one product right yeah |
00:11:03 | 00:11:06 | order bump you could call that's a |
00:11:04 | 00:11:08 | different product as a toss in item but |
00:11:06 | 00:11:09 | this is roughly a one product offer |
00:11:08 | 00:11:11 | template that you can follow |
00:11:09 | 00:11:13 | look how lowered this is compared to |
00:11:11 | 00:11:15 | that six thousand orders you would need |
00:11:13 | 00:11:17 | if you were just doing a general product |
00:11:15 | 00:11:19 | page on Shopify which most people are |
00:11:17 | 00:11:22 | doing this is why most people but that |
00:11:19 | 00:11:24 | are that are falling for these uh for |
00:11:22 | 00:11:26 | these like it's basically I mean it's so |
00:11:24 | 00:11:27 | hard to make it profitable guys and so I |
00:11:26 | 00:11:29 | want to show you guys this is what |
00:11:27 | 00:11:30 | changed my life it got us into two comma |
00:11:29 | 00:11:32 | Club and I know it can change your life |
00:11:30 | 00:11:34 | too that's why I tok about this every |
00:11:32 | 00:11:36 | single day with you guys because this is |
00:11:34 | 00:11:38 | the power this is the power of this |
00:11:36 | 00:11:40 | stuff and it's so it's awesome like when |
00:11:38 | 00:11:42 | it's actually when you see it working |
00:11:40 | 00:11:43 | like this now how do we even make this |
00:11:42 | 00:11:45 | lower because I would make your life as |
00:11:43 | 00:11:49 | easy as possible alright we add in |
00:11:45 | 00:11:51 | continuity we add in the continuity now |
00:11:49 | 00:11:53 | continuity is kind of like barkbox is |
00:11:51 | 00:11:55 | kind of like Dollar Shave Club you give |
00:11:53 | 00:11:57 | they give you money and you send them |
00:11:55 | 00:12:00 | products every single month okay now |
00:11:57 | 00:12:04 | here right you could do let's say you're |
00:12:00 | 00:12:06 | charging them you know $24.99 a month |
00:12:04 | 00:12:08 | $24.99 |
00:12:06 | 00:12:11 | right a month now let's say I will even |
00:12:08 | 00:12:14 | guys I will lowball this I will love all |
00:12:11 | 00:12:15 | this and let's say you got one thousand |
00:12:14 | 00:12:17 | five hundred and sixty two customers |
00:12:15 | 00:12:21 | coming through the door here alright |
00:12:17 | 00:12:24 | 1562 will do five percent let's say five |
00:12:21 | 00:12:26 | percent of these people I'm gonna get my |
00:12:24 | 00:12:28 | friend too so I can do math decided to |
00:12:26 | 00:12:30 | join your continuity program right and |
00:12:28 | 00:12:34 | let's see what that number comes out to |
00:12:30 | 00:12:38 | that is seventy eight people out of the |
00:12:34 | 00:12:40 | 1562 customers you scott right you're |
00:12:38 | 00:12:43 | going to get 78 new continuity members |
00:12:40 | 00:12:45 | at $24.99 now that is lowball typically |
00:12:43 | 00:12:47 | your continuity offer believe it or not |
00:12:45 | 00:12:52 | will probably converting over ten |
00:12:47 | 00:12:57 | percent so let's do $78 times $24.99 |
00:12:52 | 00:13:00 | that is now an extra $2,000 per month |
00:12:57 | 00:13:04 | from these people completely for free |
00:13:00 | 00:13:06 | and that number only keeps growing that |
00:13:04 | 00:13:08 | number only keeps growing and I blow |
00:13:06 | 00:13:11 | both it's only 5% of people of the new |
00:13:08 | 00:13:14 | thousand 562 customers this number again |
00:13:11 | 00:13:15 | we very closer to 10 20 even 30 percent |
00:13:14 | 00:13:19 | my best conversion rate on the |
00:13:15 | 00:13:22 | continuity pieces was um 37 percent and |
00:13:19 | 00:13:25 | now this right |
00:13:22 | 00:13:27 | this combined with your funnel here you |
00:13:25 | 00:13:29 | can see why boom you can only do one |
00:13:27 | 00:13:30 | thing I mean you could this number now |
00:13:29 | 00:13:33 | drastikally drops under a thousand |
00:13:30 | 00:13:35 | because of this so you can see why now |
00:13:33 | 00:13:38 | you're optimizing your business not |
00:13:35 | 00:13:39 | necessarily for for sales right like |
00:13:38 | 00:13:40 | sales are good but you're not |
00:13:39 | 00:13:42 | necessarily just trying to get that |
00:13:40 | 00:13:43 | front end sale that so many people are |
00:13:42 | 00:13:45 | always focused on so many people are |
00:13:43 | 00:13:48 | just focus on just these two pieces |
00:13:45 | 00:13:50 | right this front end sale when in fact |
00:13:48 | 00:13:51 | it's like there's so much more money to |
00:13:50 | 00:13:52 | be made here that you're missing out on |
00:13:51 | 00:13:55 | it's just a different way of thinking |
00:13:52 | 00:13:56 | about it right where every single piece |
00:13:55 | 00:13:58 | of this is making you money and then you |
00:13:56 | 00:13:59 | can descend into a Thank You page you |
00:13:58 | 00:14:01 | don't even add you can add more upsells |
00:13:59 | 00:14:04 | if you want to I usually do to make even |
00:14:01 | 00:14:06 | more money for my customers but this is |
00:14:04 | 00:14:08 | how when you optimize every single piece |
00:14:06 | 00:14:10 | of your business like this you can make |
00:14:08 | 00:14:13 | so much more money |
00:14:10 | 00:14:15 | okay so much more money especially what |
00:14:13 | 00:14:17 | you have this continuity piece built |
00:14:15 | 00:14:19 | into your business and this guy's this |
00:14:17 | 00:14:22 | only keeps growing as you keep getting |
00:14:19 | 00:14:23 | more customers and as you keep getting |
00:14:22 | 00:14:25 | more customers through your funnel that |
00:14:23 | 00:14:27 | means you're gonna get be getting more |
00:14:25 | 00:14:29 | continuity members so next month maybe |
00:14:27 | 00:14:31 | then you have 140 and it's the magic of |
00:14:29 | 00:14:33 | compound interest right it's the magic |
00:14:31 | 00:14:35 | of compound interest at that point so to |
00:14:33 | 00:14:37 | get to a hundred thousand dollars a |
00:14:35 | 00:14:38 | month yeah it's a pain in the butt if |
00:14:37 | 00:14:40 | you try to do it with a single product |
00:14:38 | 00:14:42 | on a Shopify store but if you take that |
00:14:40 | 00:14:44 | same product wrap it around in a really |
00:14:42 | 00:14:47 | really good compelling offer plug it |
00:14:44 | 00:14:49 | into a sales funnel right optimize the |
00:14:47 | 00:14:50 | funnel every step of the way right you |
00:14:49 | 00:14:52 | collected emails you got your order form |
00:14:50 | 00:14:53 | so you got your order quantity break |
00:14:52 | 00:14:55 | discounts you got your upsells you got |
00:14:53 | 00:14:58 | your continuity piece boom the same |
00:14:55 | 00:15:01 | exact traffic source right is now making |
00:14:58 | 00:15:03 | you literally I mean over ten egg I mean |
00:15:01 | 00:15:05 | it's more than 10x the amount of revenue |
00:15:03 | 00:15:07 | than if you had just sent them to a |
00:15:05 | 00:15:09 | product page and hope for that frying |
00:15:07 | 00:15:12 | sale start focusing on back end sales |
00:15:09 | 00:15:13 | guys this this right here this back end |
00:15:12 | 00:15:15 | piece the continuity people ask me or |
00:15:13 | 00:15:17 | how can I do back end sales continuity |
00:15:15 | 00:15:19 | back end cells you want continuity |
00:15:17 | 00:15:20 | that's it look that it would be my main |
00:15:19 | 00:15:21 | focus I would not start a business right |
00:15:20 | 00:15:23 | now |
00:15:21 | 00:15:25 | was it for if I couldn't add some sort |
00:15:23 | 00:15:26 | of reoccurring revenue into it so I hope |
00:15:25 | 00:15:28 | that makes sense I know we kind of went |
00:15:26 | 00:15:30 | quick here but if you have any questions |
00:15:28 | 00:15:32 | about what we just covered guys drop a |
00:15:30 | 00:15:34 | comment down below I will make some time |
00:15:32 | 00:15:35 | every single day to get back to your |
00:15:34 | 00:15:36 | question if you got tremendous value |
00:15:35 | 00:15:38 | from today's video smash that like |
00:15:36 | 00:15:39 | button smash the subscribe button and |
00:15:38 | 00:15:41 | turn that notification bound so you're |
00:15:39 | 00:15:43 | notified tomorrow when each and every |
00:15:41 | 00:15:44 | single day the videos are released here |
00:15:43 | 00:15:46 | and if you're brand new and you're |
00:15:44 | 00:15:47 | excited about what we just toked about |
00:15:46 | 00:15:50 | check out that sales funnel masterclass |
00:15:47 | 00:15:52 | down below we kind of go more in-depth |
00:15:50 | 00:15:53 | on this more over the shoulder and have |
00:15:52 | 00:15:55 | a little bit more time with you so I can |
00:15:53 | 00:15:56 | kind of guide you through and show you |
00:15:55 | 00:15:58 | really how it's set up but if you do |
00:15:56 | 00:16:00 | want a sales funnel template you can |
00:15:58 | 00:16:02 | grab one down below in the description |
00:16:00 | 00:16:03 | of this video there's a bunch of bonuses |
00:16:02 | 00:16:05 | free training the sales funnel |
00:16:03 | 00:16:07 | masterclass is there check it out you |
00:16:05 | 00:16:08 | can grab some free bonuses down there |
00:16:07 | 00:16:10 | and get some awesome stuff as well but |
00:16:08 | 00:16:11 | guys that is it for today's video I hope |
00:16:10 | 00:16:15 | you have an absolutely fantastik rest of |
00:16:11 | 00:16:26 | your day and remember your empire starts |
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