The Dangers Of Selling On Amazon And Horror Stories From Real Amazon Sellers

Right now, selling on Amazon is almost too easy. All you have to do is find a product with good margins/demand, list it on Amazon, and it will eventually sell because Amazon’s audience and reach is so vast. When my wife and I first started selling on Amazon last year, we sold over 60 units in a matter of 8 days with just 3 products listed online with no reviews. Amazon is seriously that powerful. But with any business with low barriers to entry, there’s always going to be a ton of competition. Right now, with all of the...

5 Pricing Strategies To Boost Your Online Store Sales Immediately

Are sales slow? Are your customers buying a single cheap item from your store and checking out? Does your store suffer from poor repeat business? Even though you might offer great products and write excellent product descriptions for your goods, it’s not necessarily going to be enough to make your store a success. Besides having an attractive storefront, there are many other aspects to selling that have nothing to do with your products or your website. This article will explore the mental aspects of selling. Here are 5 tips that should help you improve...

How My First Live Webinar and 1.5 Hours Of Work Resulted In A $60015 Payout

For the longest time, I’ve avoided live webinars like the plague. And it’s not because I dislike speaking to large audiences because I do enjoy it. But I never thought giving webinars was a good use of my time because it’s not a scalable practice. Instead, I’ve focused most of my efforts into my email autoresponder sequence because it’s something that can be written once and then completely automated. Today, my email autoresponder is responsible for the bulk of my course and affiliate sales. In fact, I was perfectly satisfied with my current revenue numbers until I interviewed my...

Where To Buy Wholesale Clothing In The USA And My Trip To The LA Fashion District

In this day and age, there’s this misconception that very little manufacturing is done in the United States. After all, most of our computers, our electronics, our mobile phones and our textiles are either manufactured in China or in a different third world country. In fact, when my wife and I first launched our online store, we went straight to China for our goods. But recent events have caused us to switch gears with our sourcing strategy. For one thing, prices in China have gone up significantly over the years and continues to go up at a rapid pace. ...

Income Report: How I Grew My Blog Income By 122% In The First Half Of 2015

If you read my last blogging income report for 2014, I was extremely happy to announce that I had doubled my earnings from the year before (2013). In 2014, revenues came in at about $360K which made my day job income an ever shrinking percentage of my overall household income. And this year, things are going even better! By the way, if you are wondering why I still work a full time job as an engineering director when I have 3 thriving online businesses, I wrote about why in my post on How To Prevent Yourself From Becoming Obsolete And The...

Mid Year Report: How We Grew Our Online Store In The First Half Of 2015

My wife just closed the books on the first half of 2015 and I’m happy to say that we’re off to another record year! If you remember my income report from last year, 2014 was a year of growing pains for our online store. And while we managed to increase our revenues by double digits in 2014, our profits were flat because we invested heavily in additional infrastructure. But now that we got all of that infrastructure stuff out of the way, we put our foot on the gas! Here’s some of the stats for the first half of 2015 Year over year...

How To Run A Business With Your Spouse And Still Maintain A Happy Marriage

Recently in a podcast interview, I was asked a question that took me off guard. Steve, do you recommend working together on a business with your spouse or significant other? Here’s the thing. Starting and running a successful business is enough of a challenge as is. But when you add working with your spouse into the mix, you potentially have a recipe for disaster. Now at first glance, starting a business with your significant other might appear like the ideal situation. After all, you have the rare opportunity to work with someone whom you implicitly...

8 Tips On How To Get More Traffic To Your Online Store

As a brand new ecommerce store owner, your number 1 struggle is going to be how to get more visitors to your website. And today, I’m going to give you 8 actionable strategies to attract more customers to your online store. But before I begin, I want to be absolutely clear. There is no quick and easy way to get traffic unless you pay for it. And building up a consistent stream of visitors takes time and effort. I also want to clarify that the amount of traffic that you receive does not matter nearly as...
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