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Business And Investing Sherpa
The Business and Investing Sherpa
20 episodes
3 days ago
Welcome to the Business and Investing Sherpa Podcast, where we’ll teach you how to build an automated, scalable, multi million dollar e-commerce business just like we did. Plus, we'll teach you how to invest the profits to reach financial independence and a whole lot more. We’re not interested in retiring early though, but rather, building a life we never want to retire from!
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Investing
Business
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Welcome to the Business and Investing Sherpa Podcast, where we’ll teach you how to build an automated, scalable, multi million dollar e-commerce business just like we did. Plus, we'll teach you how to invest the profits to reach financial independence and a whole lot more. We’re not interested in retiring early though, but rather, building a life we never want to retire from!
Show more...
Investing
Business
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Episode 4: Build Your Business Step 1 - Understand the Overall E-Commerce Business Model
Business And Investing Sherpa
16 minutes 41 seconds
5 years ago
Episode 4: Build Your Business Step 1 - Understand the Overall E-Commerce Business Model
STEP 1: UNDERSTAND THE OVERALL BUSINESS MODEL You can run your company with just a laptop from anywhere in the world. Would you believe me if I told you that it is entirely possible to create your own brand, have products manufactured, market those products to millions of customers worldwide, and automate the entire shipping process whether someone purchases on Amazon or your own website? And all of this done with just your laptop? It’s true. And I know because I’ve done it. I created a brand that did over $1 Million in revenue in our very first year and sold the company within 4 years. I believe it is the most powerful, automated, and scalable business startup model that currently exists. You can run your company with just a laptop from anywhere in the world. Here’s how it works: Determine your brand and products Reach out to manufacturers through a website called Alibaba or Ali Express Tell them what you want them to make and how to brand it with your logo and packaging Get samples and pick your favorite manufacturer Place your first order Sign up for an Amazon Seller Account List your products Ship your products to Amazon FBA (this lets Amazon ship your product via Amazon Prime and they do all of the work!) Set up Amazon Ads and an email follow-up sequence to increase customer satisfaction and reviews Start making sales Increase your organic keyword ranking until you are on page 1 Order more inventory Repeat the process once you are able to consistently keep your first product in-stock Once you have Amazon running successfully, you can create your own website through Shopify to build your email list and re-market to your customers Integrate Shopfiy with Amazon FBA so that when someone orders on your website Amazon will automatically ship the product to them! As a quick example, let's say you sell a $100 product and your net profit is $25 per sale. To have a $1M business all you have to do is sell 28 items per day. If you have 3 products that average a $100 sale price, that’s less than 10 sales per day of each product. Amazon Prime has over 100 Million Prime Members! By getting your product on page 1 of Amazon in front of all of those shoppers it becomes very easy to hit $1M in sales. ***** To learn the detailed steps, strategies, and tactics of this business model go to https://businessandinvestingsherpa.com and become a PRO MEMBER to full access to all of our Courses on Building an E-Commerce Business and Investing the Profits for Financial Independence. *****
Business And Investing Sherpa
Welcome to the Business and Investing Sherpa Podcast, where we’ll teach you how to build an automated, scalable, multi million dollar e-commerce business just like we did. Plus, we'll teach you how to invest the profits to reach financial independence and a whole lot more. We’re not interested in retiring early though, but rather, building a life we never want to retire from!