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'Yoa don't need a Job, E-COMMERCE EMPIRE Note-Taking Worksheet

E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

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Page 1: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

'Yoa don't need a Job,

E-COMMERCE

EMPIRENote-Taking Worksheet

Page 2: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

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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Page 3: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

til

(D

Page 4: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

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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Page 5: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

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

o/- Uifj, - CJp^i^

ICCLcLitf^fk^ (i>oA: MSC

(i.e. Jki-U Ui^ncUff]

Page 6: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

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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Page 7: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

When Researching Products

Force yourself to stay

Focus ONLY on that

We recommend usingto keep yourself organized

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Page 8: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

Step #2

QU'T l\Product _

Supplier&

(0\A.^

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Page 9: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

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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Page 10: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

Supplier Communication Tips

• You need to build

• Use the hack - you should NEVER

• Over-the-toptOb ̂ ̂ (ajLa

• Dnn't wnrry ahniit Tf or AtiCk.

(ggtartupBfos')ou don I midaji-t...

Page 11: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

Step #3

Product 0^^'' &

"SU-Vppi'

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Page 12: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

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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Page 13: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

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»^<^

(^^tartupBros)«irfc*iJn/(rfn)e6...

Page 14: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

Yourself & Your Business

Always be sure to use financial protection• Acceptable forms of payment = /iWt. —, Si>cfe><^—, &• Avoid these forms of payment = Ctm'ow. ^ —

Page 15: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

step #4

Selling & VviAov-fi

Your Product

Brosicufton liucdajct...

Page 16: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

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

(iagtaftupBfosicurfr'n IfUfrfnyft...

Page 17: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

step #5

Build Your ^ U4oj(\Brand

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Page 18: E-COMMERCE EMPIRE - Amazon S3 · E-COMMERCE EMPIRE Note-Taking Worksheet. ... • 99% of all e-commerce entrepreneurs fail because they

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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