Ecommerce Is Cool Again: How To Cross $1M In The Next 12 Months

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneur, Amazon, Lifestyledesign, Investing, Startup, Ryandanielmoran, Finance, Cashflow, Freedomfastlane, Lifestyle, Business, Passiveincome, Financialfreedom, Entrepreneurship

4.8 • 793 Ratings

🗓️ 30 October 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ecommerce has changed a ton over the last 12 to 24 months and because of those changes there are new profitable opportunities that are available to anyone who wants to build a million dollar business.

Within The One Percent community Ryan is seeing results faster than ever as people run out inventory in new brands that are just getting started.

In this podcast Ryan shares the top marketing tactics that are currently working today to bring in profits.

To join us at the next CapCon visit:

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Timestamps

(0:00) - How Ecommerce Has Changed Recently

(0:30) - Ecommerce Case Studies

(1:30) - New Opportunities In Ecommerce

(4:50) - Important Changes To Amazon

(7:20) - How To Use TikTok Ads With Ecommerce Brands

(8:45) - Whitelisting Influencer Audiences

(10:50) - How To Build Email Lists

(13:10) - Combining Ecommerce Strategies Together

Transcript

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0:00.0	e-commerce is cool again. It has changed a ton over the last 12 to 24 months. And because of those
0:12.7	changes, there are profitable opportunities that are available to even new entrepreneurs
0:18.4	who are getting started for the first time. The opportunities are
0:22.6	different than they were as recently as 12 or 18 months ago, but from the test that we're running,
0:30.0	both in our portfolio brands and in the brands that we mentor at capitalism.com, we're seeing
0:36.3	faster results than I've ever seen before. For example,
0:40.2	one brand in our community, Maple and Lark, did $300,000 in sales on a brand new product
0:46.9	before they even had inventory ready to ship over a period of about eight weeks. One of our
0:52.8	investments, Ancient Strength,
0:54.6	did $25,000 in pre-orders.
0:57.3	They didn't have product yet
0:58.9	with a tiny little audience over a period of two weeks.
1:02.9	One of our brands added 50 sales a day,
1:06.4	which is about $500,000 in top line revenue
1:09.4	to their business with one tweak that took no ad spend
1:13.9	and it had no reviews. And one of our members in the 1% launched a business and got to a
1:20.2	consistent 100 sales a day after just 10 days of having the product over at Amazon. We're seeing results faster than I've ever seen in my
1:30.5	career. And that is because there are new opportunities inside of e-commerce that haven't existed for
1:37.6	years specifically for new entrepreneurs. To give you context, every market goes through cycles. When there is a brand new
1:47.1	opportunity, there's kind of a wide open West. We call this the period when idiots get rich.
1:53.4	There's more demand than there is supply. And everybody who participates wins. It's the new frontier.
2:03.6	You saw this with Amazon in 2013,
	...

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