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'Yoa don't need a Job,
E-COMMERCE
EMPIRENote-Taking Worksheet
Introducing: The E-Commerce Empire Roadmap
• 5-Steps of Launching a Successful E-Commerce Business• Step #1: ^ a-• Step #2: IX. (iLV'ihk• Step #3: (Ilo>tJt yndu-c^• Step #4: 'xll %• Stop #5i Li'^
• 99% of all e-commerce entrepreneurs fail because theydon't have _
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What Makes a Good Product?
Good Products tend to be...• /'lufC^hU^ cJiAJLA^ sLy• Selling between $_L£_ - %J£^
• Low-end ($ / ̂ ) - rf)4- Jr 3L won't destroy profit margins
• High-end ($_^) - doesn't require much• AJoW- "df/MM. of Wfjia• Most importantly, you need Mj
• Aim for iL% when starting out• Make sure you can eventually achieve J^%
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What Makes a Bad Product?
Bad Products tend to be...
• Technically or requires ^^y^u.cny• You want a
• Are sold in mar
error
<ets with lots of hr^'^Higher cost per ^ujuis^Uon
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Product Brainstorming & Discovery
There's a few product discovery strategies working now...• OlA Method: Amazon
• Method #1: , MM;e{ ^ ̂ _
Method #2: Spy on the
• fo}\JlA4AJo^ / Ll\jlt(^Jw tr/'c)
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When Researching Products
Force yourself to stay
Focus ONLY on that
We recommend usingto keep yourself organized
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Step #2
QU'T l\Product _
Supplier&
(0\A.^
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How to Find & Contact Suppliers
Start searching• Alibaba = t• = Pqka^-s/t'c
Contact them and say...• "Our company /Ji'^h'\loJrei -yiiM-'tW ̂ fclo.t/y j y,g thought your productsmight hg aM'hs>n k l'«r<C.c\\\\A you please send more information?"
You'll receive
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Supplier Communication Tips
• You need to build
• Use the hack - you should NEVER
• Over-the-toptOb ̂ ̂ (ajLa
• Dnn't wnrry ahniit Tf or AtiCk.
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Step #3
Product 0^^'' &
"SU-Vppi'
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Best Practices For Ordering Sampies
You want _S_ to _L2_ sample units of your product• From supplier
If you have problems with or - just '• Use this script - "I need to get to each of my ^ that's justcompany Sorry it's such a big oralt-r ^ we're just0- ̂ '13 "
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International Shipping Simpiifled
• You'll be using Av orders• Avoid until you're ordering at least — per month
• FOB = Free On Board
• Simply put, it's the price of the product o-PtP -Mm. without• When starting out, ask your supplier to use their a.c.ce»^<^
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Yourself & Your Business
Always be sure to use financial protection• Acceptable forms of payment = /iWt. —, Si>cfe><^—, &• Avoid these forms of payment = Ctm'ow. ^ —
step #4
Selling & VviAov-fi
Your Product
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What to Do With Your Samples
• Make sure your samples are
• Sell samples to at p*'<1^Ensures your product 'hr\\c
• Reveals the true of your product
• Need to your product before buying Inbulk
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step #5
Build Your ^ U4oj(\Brand
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Building Your Brand
After your product, it s time to expand• Build a brand around your product
• Expand your
Almost all suppliers ^ ^ ^ so just ask!Make ONE product or per order
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