Should You Sell On Amazon And Will It Cannibalize Your Online Store Sales?

My wife and I started our online store back in 2007 and ever since our first year when we made 100K, we’ve been growing in the double and triple digits. But here’s the thing. With every passing year, we are finding it more and more difficult to maintain our double digit growth. Don’t get me wrong. Our store makes plenty of money and I’m really happy with where we are at. But there’s always a part of me that wants to grow it even more. In addition, I often feel pressure to show positive...

How To Dig A Moat For Your Online Store And Keep Your Competitors Away

Once every month, I meet with a small ecommerce mastermind group and discuss various strategies to improve our businesses. If you are not participating in a mastermind group of some kind, I highly recommend that you join one or form your own. No matter how good or how smart you are, there is always something that you are not doing or thinking about. And for me, I learn something new after every session. In fact, this particular post was inspired from my last meeting. Today I want to talk to you about my fears...

Cheapest Way To Start An Online Business | Take Advantage Of These Killer Deals

While it’s always a good time to start an online business, the least expensive time to do so is on Black Friday and Cyber Monday when there are great deals to be found. Many tools and services like webhosting, niche research software, vendor tools etc… are being discounted extremely heavily to the point where it’s a no brainer to sign up. For example, you can literally start an online business for under 3 bucks which is pretty insane. So realistically speaking…Do you have 3 bucks to spare on something that could potentially change your life? There really is no excuse...

10 Tips On Importing Wholesale Products From China Using Alibaba Or GlobalSources

This post was written by Josh Nacol, a student in my Create A Profitable Online Store Course. Recently Josh started importing goods from Asia for the very first time and wanted to share his experiences with my readers. Now in my class, I have an entire module dedicated specifically towards helping students import goods from overseas. However, it’s one thing to learn and another thing to actually go out and do it. And Josh’s experiences just go to show that the best way to learn is to be aware of the guidelines, know what to expect and just...

My Guide To The Canton Fair And China’s Largest Wholesale Product Sourcing Trade Show

It’s been a while since my wife and I attended our last Canton Fair. Ever since our second child was born and our daughter started elementary school, it hasn’t been convenient to travel anywhere far let alone a completely different country. But this year, we were determined to go so I flew out my Mom and she watched our two kids for an entire week by herself while Jen and I made the trek to China. And the best part? When we got home, I was pleasantly surprised that my Mom taught the kiddos their...

Why Artists Fail In Business And How To Go From Artist To Entrepreneur

This post was written by Arree Chung, one of the students in my Create A Profitable Online Store Course. What’s cool about Arree is that he’s a professional artist who writes and illustrates his own children’s books. Plus he’s Asian too. (I have absolutely no idea how he convinced his parents to go along with this:)) Anyway, Arree and a group of his friends launched LiveInAStory.com, a site that sells high quality children’s wall decals designed by artists. He’s got a great story and offers incredibly actionable advice for struggling artists. Enjoy! Everyone knows the cliché of the...

How Small Actions Lead To Big Gains And Why I’m Proud Of These Student Shops

If you’ve ever read a blog or publication on entrepreneurship, you’ve no doubt heard the following sayings to describe starting a business. Starting a business is like… Taking the plunge. Taking a giant leap of faith Taking a chance on an idea. Now I full on admit that I’ve been guilty of using these phrases in the past. But over the last few years, I’ve come to realize that perhaps “taking the plunge” is the wrong way to think about starting a business. First off, taking the plunge sounds way riskier that it really is. It comes across as scary,...

How One Innocent Line Of Javascript Code Can Put Your Entire Website At Risk

Over the past several years of running my online store course, I’ve noticed some very disturbing trends with a fair number of students in my class. First off, I want to preface this post by saying that most of the students in my course do not have a programming background nor do they join my class with a solid grasp of how web technologies work. As a result, whenever they need or want a certain feature for their shopping cart that hasn’t been covered in the class, they do what any normal person would do… They do a search on Google, look for...
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