Hi Fastlane,
I've decided to venture into the world of eCommerce.
I don't want to simply be another drop shipper, rather I want to build an empire with a brand.
There's been tons of success stories in the world of eCommerce and I will be one of them.
In this thread, I will update you on my progress all the way from laying the very first brick.
I also find this very motivating as it helps me track my progress and I can get all of your insights and advice on how I can improve what I'm doing.
---
Over the past 2 weeks, I have done the following:
- Spoken to lots of eCommmerce experienced people
- Consumed tons and tons of online content regarding eCommerce, drop shipping, and online marketing (FB, IG, Content, Affiliate, etc)
- And most IMPORTANTLY, I've executed into creating 2 landing pages for 2 different products + I've just recently done a Facebook ad for 1 of the products to test it's demand
Currently, I'm a stage where I am focusing on finding the next big product. My goal is to rapid-test products via quick landing pages + quick targeted ads ($5/day marketing spend).
Once I find the winning product that generates the most leads (I ask people to provide their email on the landing page and that I'll send them the purchase link), then I will quickly throw up a Shopify store, get a drop shipping supplier deal, and start drop shipping the product. Once the drop shipping gets me enough revenue to prove the concept, I will then buy Wholesale and SCALE. After that, I will begin to add product after product, ultimately building my brand and store.
However, it all starts from the first brick where I will be testing these products.
My CURRENT product test via a FB ad connecting to a product landing page has generated 6 leads within 24 hours ($5 spent, thus $0.83 per lead so far).
This Ad and Landing Page basically tell the potential lead "Sign up with your email and we will send you a 50% off discount voucher and purchase link for the product". So it seems these 6 leads have expressed buyer's intent.
I will continue to test this product over the next 8 days and then assess if I want to create a Shopify store for it.
At the same time, I may test more products.
1) Product Test via Landing Pages + FB Ads (CURRENT)
2) Pick Best Performing Product (In 1-2 weeks)
3) Dropship via Shopify + Supplier (In 1-2 weeks)
4) Scale afterwards into Wholesale (Once $10,000 revenue target is hit)
---
Please let me know your thoughts and any advice as I am open. Most importantly, I'm happy that I'm executing and sharing the progress with you.
I've decided to venture into the world of eCommerce.
I don't want to simply be another drop shipper, rather I want to build an empire with a brand.
There's been tons of success stories in the world of eCommerce and I will be one of them.
In this thread, I will update you on my progress all the way from laying the very first brick.
I also find this very motivating as it helps me track my progress and I can get all of your insights and advice on how I can improve what I'm doing.
---
Over the past 2 weeks, I have done the following:
- Spoken to lots of eCommmerce experienced people
- Consumed tons and tons of online content regarding eCommerce, drop shipping, and online marketing (FB, IG, Content, Affiliate, etc)
- And most IMPORTANTLY, I've executed into creating 2 landing pages for 2 different products + I've just recently done a Facebook ad for 1 of the products to test it's demand
Currently, I'm a stage where I am focusing on finding the next big product. My goal is to rapid-test products via quick landing pages + quick targeted ads ($5/day marketing spend).
Once I find the winning product that generates the most leads (I ask people to provide their email on the landing page and that I'll send them the purchase link), then I will quickly throw up a Shopify store, get a drop shipping supplier deal, and start drop shipping the product. Once the drop shipping gets me enough revenue to prove the concept, I will then buy Wholesale and SCALE. After that, I will begin to add product after product, ultimately building my brand and store.
However, it all starts from the first brick where I will be testing these products.
My CURRENT product test via a FB ad connecting to a product landing page has generated 6 leads within 24 hours ($5 spent, thus $0.83 per lead so far).
This Ad and Landing Page basically tell the potential lead "Sign up with your email and we will send you a 50% off discount voucher and purchase link for the product". So it seems these 6 leads have expressed buyer's intent.
I will continue to test this product over the next 8 days and then assess if I want to create a Shopify store for it.
At the same time, I may test more products.
1) Product Test via Landing Pages + FB Ads (CURRENT)
2) Pick Best Performing Product (In 1-2 weeks)
3) Dropship via Shopify + Supplier (In 1-2 weeks)
4) Scale afterwards into Wholesale (Once $10,000 revenue target is hit)
---
Please let me know your thoughts and any advice as I am open. Most importantly, I'm happy that I'm executing and sharing the progress with you.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today