Audio

589: Still Not on Camera? Here’s What It’s Costing Your Business in 2025

589: Still Not on Camera? Here’s What It’s Costing Your Business in 2025

In this episode, Toni and I reflect on YouTube’s 20-year anniversary and why not doing video is one of the biggest mistakes you can make in 2025.

We share personal regrets, real success stories from our students, and the exact strategies we’re using to grow new channels from scratch.

Whether you’re selling physical products, digital courses, or just building a brand, hopefully this episode will be a wake up call.

What You’ll Learn

  • Why avoiding video is costing you money
  • The easiest way to get started with video
  • How to boost engagement and visibility

Sponsors

SellersSummit.com – The Sellers Summit is the ecommerce conference that I’ve run for the past 8 years. It’s small and intimate and you’ll learn a ton! Click Here To Grab The Recordings.

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. In this episode, Tony and I reflect on YouTube’s 20 year anniversary and why not doing video is one of the biggest mistakes you can make in 2025. We share personal regrets, real success stories from our students and the exact strategies we’re using to grow new channels from scratch. Whether you’re selling physical products, digital courses, or just building a brand, hopefully this episode will be a wake up call. But before we begin,

00:30
I wanted to let you know that this is the last call for tickets for Seller Summit 2025 over at sellersummit.com. The Seller Summit is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business.

01:00
entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet. I personally hate large events, so the seller’s summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past eight years. If you are an e-commerce entrepreneur making more than $250,000 or $1 million per year,

01:27
We also offer an exclusive mastermind experience with other top sellers. The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th. Right now, this is the cheapest the tickets will ever be. So head on over to sellerssummit.com and grab your ticket. Now onto the show.

01:50
Welcome back to the My Wife, Put Her Job podcast. Today we’re going to talk about YouTube’s 20 year anniversary where over I think a trillion videos have been uploaded. No, 20 trillion videos have been uploaded. Which is crazy. And yours could be one of the 20 trillion. One in 20 trillion. I think I have like 500 videos uploaded or something crazy like that at this point. Maybe more than that actually. I haven’t looked. So it’s 2025. So it’s the 20th. So that means…

02:21
2005 was the start of YouTube. I guess so, yes. Your math is correct, Tony. Congratulations. Right, I had to think about it for second. Well, because I think I put my first video on YouTube in 2008 or nine, and I will say this until the day that I die, not continuing with YouTube is one of my biggest business regrets.

02:44
that I have because when I started doing it in 2008 or nine, like people, wasn’t like it is today obviously, right? And pretty much anything you put up on YouTube got a decent amount of traction. it wasn’t, you didn’t have to play the game that I think you have to play with all, you know, content creation these days. It’s like if you just put up something that was interesting or you taught people something, people watched it. And…

03:10
to this day, I’m like, why didn’t I keep going? Why didn’t I keep posting in my pajamas? Like, big mistake. I mean, it’s evolved so much. Like, back in the day, your subscribers meant a lot more. Yeah. So if you had like a huge subscriber base and you would put out a video, it would probably do well no matter what. But, and people were just putting out these short little clips, right? Right, right. In a lot of cases, and they were doing well. Now it’s all about watch time and

03:39
And I like it better because it’s merit based, right? Your subscribers don’t matter as much. If you put out something good, it’ll do well. And I think TikTok helped to transform this model. agree. And actually we have the perfect example of this that we just learned about last week. I know we talk about Kevin a lot on the podcast, but Kevin is a student in our courses and he has been just churning away at YouTube for probably, I want to say we’re like 18 months.

04:07
Yeah, it’s been a year and half, I want to say. And putting out content consistently has dabbled in the long form, which we’ve been encouraging him to. And a couple of weeks ago, he had a long form piece of content go viral. And just to show you like the impact of that for him, it doubled his subscribers.

04:30
and it put him, I forget what it did for his watch time, but I want to say it doubled or even more his watch time from this one video that he put out a couple weeks ago. That’s exactly the pattern that I saw with my channel. I was getting 1,000 views or less for probably a year. Then I remember there’s one video that got like

04:56
20,000 views and I was like, oh my God, what’s going on here? And then I remember when I hit 100,000 views, like that next video hit a million views. So I think it’s almost like YouTube needs you to prove yourself first to show that you’re gonna be consistent. And during that time, as long as you’re consistent, one of those videos is gonna pop. And then once one pops, it’s almost like YouTube gives you this momentum.

05:26
where all your subsequent videos will do well. So I think the first question is, and we’re gonna talk primarily about physical products, but let’s talk a little bit about the digital side, because I think, first of all, if you are selling any sort of digital product, course, membership, coaching, you should be on YouTube, right? This is an absolute no-brainer. You have to be on YouTube, I would say. Or you have to show your face somehow. You have to be on some sort of video platform. Yeah.

05:54
To me, if you’re not doing this, it’s a big mistake. I know who talks about this is Tay from Financial Tortoise. He talks about the same thing when he got started. The first, I think he said year to 18 months, it was like 100 views, 500 views, 1,000. Step one is how do you keep going when, like Kevin, right? You’re getting 100 views and you feel like you’re putting so much time. Kevin’s videos are good.

06:23
Right. He does great editing, really good content. If he talks about like computer and technical stuff. So it’s not my cup of tea, but like it’s good content, right. That you can learn from. So how do you keep going when you’re on like month nine and you’re still getting a hundred views, a hundred and thirty views? I mean, this is my mindset for everything. And I don’t know if we’ve repeated enough on this podcast, but don’t do anything unless I’m going to like do it. And I give myself a five year time frame.

06:52
Yeah. Like if I can’t get it any traction in five years, then something’s wrong, I think. Well, five years is we’ve talked. Now, I know we’ve had this conversation. Well, so let’s not do five years. Let’s say three years. Let’s just say three years. Right. I think anyone can do something for three years. You disagree? Maybe not in this day and age when Gen Z feel like yes, if you’re a Gen X or you can. But then I feel like it might lose its momentum for.

07:22
the Gen Zers, I don’t know. You know what I hate? It’s like all these stories have spoiled it for everyone. Like there’s of course there’s gonna be outliers, right? That get successful within like two months or three months or six months. But those are the only stories you hear out there, pretty much. And so everyone thinks that it’s gonna happen fast, but I would guarantee you that 99 % of the people out there takes a long time for stuff to happen.

07:47
So it’s so interesting that you say that because I think it was last night you were messaging me or it might’ve been sometime this week and you’re like, know, we’re, I’m doing a talk on YouTube at Seller Summit and I’m using one of my clients as a case study for e-commerce and you were like, well, what’s the big, you know, like you wanted like a big, you know, showboat moment. And I was like, we don’t have one. We have slow and steady growth. have email list growth. We have sales, we have subscribe. You know, it’s like,

08:14
But nothing has we have not had a home run. We actually haven’t had a video go viral. We just have slow and steady growth every single week. OK, so let’s put this in perspective, because I looked at the channel before I emailed you. And you’ve only been at this for what, three months, three a half months? yeah, right, three and a half months, right? You already have videos consistently doing one to two thousand views. Yes, I definitely did not have that in my first three months.

08:43
I was lucky to break a thousand. Yeah. Well, we had a real like a real strategy. And obviously, I’m not going to give away my talk. But so you’re still time to buy a ticket. Come here. Wednesday, May 7th. I’ll let you on all the secrets. We had a real strategy to the growth. And I will say I am very pleased with how the channel is coming for a variety of reasons.

09:10
But I think the biggest one and moving into e-commerce a little bit, I think this is one of the best ways to help people bond with your brand, right? Now we have the founder of the company who has, it’s a curriculum company. So she’s written a lot of the curriculum. Like she’s very involved, not as much today, but still very involved in what is published. And so I think, and I actually was looking through the comments earlier.

09:38
this morning and it’s like people really, really identify with her, right? And they really, so it’s like it takes what, mean curriculum, right? It’s very competitive. There’s a lot of curriculum out there that you can buy for your kids if you’re homeschooler. But like how do you set yourself apart from all the competitors? This is a really, I don’t wanna say easy because it’s not easy but it’s a simple way to do it, right? Because all you’re doing is getting on camera.

10:06
See, I would argue that if you’re selling curriculum, you have to have content. So prior to this YouTube channel, which is only three and a half months old, how was she selling her curriculum? Through blog posts. Blog posts, okay. So just written, no video at all? No video. She had some video. So whenever she launched a product, there was usually a video of like how to use this product. So if you purchased the product, you got that video in like a post purchase flow. But really that was the only video content out there. And then we did challenges, right? So it’s like,

10:35
a homeschool planning bootcamp, a chore challenge, things like that. So there was some sporadic video content, but it wasn’t that consistent weekly content that’s getting put out today. You know what’s funny about that is no one reads anymore. No one in, I should rephrase that, no one in the younger generation reads anymore. Like my kids, like if you have them read something, they inevitably miss like these little details because they just scan the thing. But you put a video in front of them and they watch the whole thing. I’m the opposite. I much prefer reading.

11:05
Me too. Than watching a video. So yeah, it’s great that she decided to start the channel because I mean, at some point, I think the whole blogging method is not nearly going to be as effective. Right. And I would say the good news is if you are an e-commerce brand and you have a blog or a content site that you’ve been building, I mean, a lot of people that have been in the e-commerce world for several years have a blog, right? They have some type of content that they’ve been using.

11:35
So when we started the channel, we basically took some of the most popular blog posts and turned them into, using Claude, turned them into scripts. So most of the content on her channel, because she does have the blog, is based in content from the blog. So I would say that’s another benefit if you’re in e-commerce and you do have some content that you’ve already created.

12:02
It even makes it easier to turn that content, especially today with all the AI tools, it makes it really easy to turn that content into video. Actually, when I started my channel, I did it like the super lazy way and I literally just read my blog posts. But I mean, it got me started. It got me on this consistent clip. And then I slowly made modifications first to the intro to make it more enticing. And then later I would cut the content down to make it less verbose.

12:31
but it’s a process, like whatever it takes for you to get started is what you gotta do. Well, and I think that’s a really key point is that it’s more important to get started and put out beginner type content, right? Probably not your best content because no one’s gonna be watching you initially anyway, like you’re not gonna have a lot of views. So it’s better to get all the kinks out early and sort of find your footing and figure out how you’re gonna have a brand voice on video.

13:00
as opposed to what I see some people do is they spend so much time planning and they come up with this elaborate package to put out there and it’s actually not what the brand needs. And then you’re fumbling, you’re trying to redo and figure it out. I would say just start putting the content out there and see what resonates with people. Yeah, mean, totally. It’s easier said than done. So I’m about to launch

13:30
a YouTube channel for Bumblebee linens. And I had dragged on about this for probably two or three years, I would say. It’s been a while. For doing it, mainly because I didn’t think that I should be the one on camera. But finally, I was just like, okay, I got to be the one on camera or and you suggested I remember hiring someone. Yes, I did. Right to be the face of the brand. And I was against that because I mean, just I think of what happened to Ezra, like the face of his brand.

13:59
She died. Passed away suddenly, actually. He was scrambling to find someone else. I don’t I was available. I was available for middle-aged makeup. What are you talking about? I think just to find someone reliable that will stay with your company for a long time, it’s just a risky thing, in my opinion. A perfect, yes, you’re right. Ezra had that experience. I look at someone like Tiffany Ivanovsky who

14:27
has tried for years to find people who can do live selling. So similar, a face on a video. And she has run into a lot of issues with that. The main one being once people learn how to live sell and get good at it, they want to sell their own stuff. They don’t want to get… And I think she’s offered fairly lucrative packages to people. They’re getting paid an hourly plus they’re getting some commission.

14:55
But what happens is people think, oh, this is so easy. And don’t realize, especially today, all the risk. And dealing with now tariffs and all the uncertainty and even things like shipping container. It’s like there’s just so much stuff I think people think, oh, this is so easy. Look at me making videos. But she’s had that happen several times where she’s basically raised, trained up people. And then they leave and think they can do it themselves better. Yeah.

15:25
Which is a risk if you hire someone to do that for any, you know, even making your content, right? Well, the only reason I bring this up is because I’m pretty much starting on ground zero again with Bumble Bee Linens. Like my wife, Critter Jai, was well established. I have this flow. It kind of works like clockwork. But Bumble Bee Linens, though, I need I pretty much started from scratch and I needed a method. And so what I decided to do was tell this like reach out to customers and tell their stories since we sell

15:54
commemorative handkerchiefs and linens. Like I want to hear the stories behind those products, like how people got together, know, stories of friendship and whatnot. And so that’s the route that I’m taking. And this is so much easier now because I can take like a form that a customer fills out about their story and turn it and fill in all the little blanks and whatnot and make it sound really good with AI. And this is something that I probably would not have been able to do until AI came out.

16:24
True. So I would say, this is actually, this is a great question for you because there’s probably a lot of people, like you’re a middle-aged man selling lace handkerchiefs, right? It sounds so terrible. It does sound terrible. a white van luring children. That’s what it sounds like. You could have made me sell candy. Hey little girl, you want some candy? He has puppies and ice cream in the back of the van. But no, like I think there’s a lot of people out there who have

16:53
successful e-commerce stores that are looking for another channel, looking for another avenue to build their brand, but they’re like, hey, I’m a middle-aged guy selling hair accessories, or something that you just feel like doesn’t match. So you came up with this angle of storytelling. What would you say to people? Because I know that was one of the biggest struggles for you, and you and I talked about this all the time. It’s like you were like, I don’t want to be the face of Bumblebee.

17:20
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17:49
just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

18:01
You know what’s funny about this is I’ve been doing a lot of research lately for e-commerce brands doing short form content. And there are middle-aged people out there selling effectively. It’s not all Gen Z is basically what I’m trying to say. And you know, I’m starting to talk like my kids now, but I actually find a lot of the Gen Z content cringy. Right? It’s like the selling content cringy. Like just a short form, like

18:29
how they gush over the whole makeup. That does not appeal to someone my age. Incidentally, for our products, people who are buying it are my age. I would say women over the age of 40. I don’t think that that Gen Z stuff will relate to them. I don’t think it works. I don’t think it works for everybody. Another example of this is Paul Ivanovsky, Tiffany’s husband.

18:58
So back when they first started making video about their products, right? Selling online, selling live, which is a little bit different than creating YouTube content, but still the same like middle-aged man selling women’s clothing, right? So he had a, I mean, this is brilliant, right? This, mean, I don’t wanna give Paul a lot of credit, because I know Tiffany is definitely the backbone of that business, but, and Paul will take it and run if he hears me say these things, but.

19:26
He got on live video and put the clothes on. He was trying on dresses and shirts and cardigans. It was fun and it was funny. People tuned in. I would tune in just like it was like, I could watch an episode of Friends or I could watch Paul try on a dress. I’m watching Paul try on a dress. Obviously, Paul’s got a great personality.

19:54
But the other thing that Paul figured out really quickly, which I think this is important, right? Find your angle is that Paul realized that a lot of women that were shopping were lonely, right? They’re up late at night because they’re going live at like 1030 at night, right? So these women are lonely. They don’t have anything to do. They are replacing Netflix for these people, right? And so when Paul sees their name up and he’s like, Rachel, beautiful, how are you doing? Right. Complimenting them, calling them by their name.

20:23
Some of these women probably haven’t been called by their name, right? Like he, I mean, seriously though, like it was such a genius idea, right? To basically become this person’s like companion virtually, right? And I mean, I’ve seen their numbers and some of those customers have spent, like, I’m like, do they have another house for all this clothes? Right? Like where are they storing? Cause they have customers that have spent six figures.

20:50
and their clothing is not expensive, right? But that angle worked, right? He found an angle for the business where he could be the, I mean, they both are the face of the brand, obviously, but where he could go on and do that and it worked. So I think sometimes you just have to think out of the box like you with the stories, right? It makes sense and it’s something that would appeal to the demographic of who buys your products. Well, so the way I’m approaching it is we’re going to have three different types of content. One is going to be a story. I don’t know which one’s going to work.

21:20
Yeah, but another one is just gonna be like life running a business as a husband and wife and those are probably gonna be mainly be shorts. Those are the ones I gonna do the best. I agree because they’re gonna be off the cuff. I’ll bring something up. Yeah, I’ll something stupid The only question really is whether you know, she’s actually gonna be really mad at me which could could happen. Yes, we’ll have a calendar day Steve sleeps on the couch

21:47
But I think it’s gonna be a combination of both. There’s gonna be some people who wanna hear the stories. There’s gonna be some people who wanna see behind the scenes. So you just gotta throw things out there and see what works. And Paul, wearing women’s clothing is what worked. the other problem that I think people have aside from feeling like I can’t be the face of my brand, which I think you just have to get creative with that. The problem that my client had was the technology problem, right? And she just couldn’t.

22:16
I mean, and I like some people just don’t, you know, I’m the same way. Like when I film video, I have Brian set everything up for me. I mean, can I do it myself? Yes. Do I want to? No. And is that a hurdle for me? Absolutely. So like that’s the way I’ve overcome the hurdle. Right. He’s my tech guy. And that was her problem. Right. Like she was just like, I don’t know what kind of camera I need. I don’t know this. And I sent her all of our YouTube lessons. Right. Like which I feel like our YouTube lessons in profitable audience are

22:45
10 out of 10. If you know nothing about YouTube, you could go through those 20 lessons and you could absolutely start a YouTube channel tomorrow. Bench watch, start the channel. It has equipment, outlining, how to film, everything. She was like, I can’t. There was this huge hurdle for her. So she hired someone to basically come into her house and set up a studio and set up a…

23:11
So it doesn’t ever move, like it’s in her office, it’s, you the camera’s set up, everything is, so all she has to do is go in and turn it on. And that was her hurdle. So yes, it costs money to have someone come in your house and set up a studio, obviously, but it was worth it because that was what kept her from making, because we’ve been talking about this for over a year, right? And it just wasn’t happening. She didn’t know, she didn’t have this, blah, blah, blah.

23:36
And then as soon as our friend is our friend, Leslie Samuel, I don’t think he does this for everybody. So don’t don’t message him. He went up there and basically gave her like a two day boot camp in YouTube. He’s a YouTube expert and then set everything up for him, basically told her this is exactly what you need to do. Here’s how you and then showed her how to use a eye to help her with scripts. like basically, I think he just taught her everything we teach in the course, but she didn’t have to watch the videos. Right.

24:04
That’s another option for you. There are people that will do this for you. If you have children, they will do it for you for free. I don’t think tech is the hurdle for most people though. I really don’t think tech is It was a hurdle for a lot of people in our course. Are you kidding me? I think just the act of filming is the biggest hurdle. Like being on camera and then editing is the other big hurdle. Editing is one of those things where

24:34
I don’t think we have a great answer on this. You edit yourself until you want to pay someone else to edit for you. That’s kind of the solution. That is the solution. Yeah. Yeah. Or you just don’t edit like our friend Rob Berger, who still does not edit. he has 200. Actually, he’s catching up to me. think he’s at 300,000 views right now. So I would say we always joke about the Rob Berger method of no editing. I would say it’s a little harder if you’re a brand, like if you are selling a physical product.

25:03
I think you might need slightly more edit work than what he does, which is nothing. You know, I was thinking about this because I want a low energy way of doing our short form. So I don’t think we’re going to edit those. Like one question would be like, what do you do? Do enjoy working with your spouse in this business? And we’ll just give our answers off the cut. I don’t think that requires much editing. Oh, it will once you hear her answer. Well, no, that’s the beauty of it, right?

25:34
You’ll have to edit out all the F-bombs.

25:40
I think to an extent, yes. I actually think that if you’re struggling with an angle, the behind the scenes, real life, that content is very popular right now. I would say it’s definitely trending. I think that type of content is a great way to talk about your business even if you don’t fit your customer avatar.

26:06
I think that people get very interested in like the inner workings of small businesses. I mean, I’m just following the model of some other companies and what they do also is they’ll call out customers in their videos too. Just like what you said with Paul, except not in a live environment. Yeah. They’ll just bring up an order and this our products are perfect for this, right? Because if it’s someone who is like, you know, has a special message and provided you get their permission, of course you call out their personalization and you know,

26:36
You talk about, this such and such has embroidered a handkerchief for her wedding. Best of luck. I hope everything goes well. Shout out. That works really well. There’s a lot of videos on this one store that I watch where those videos are the ones that perform the best. Or someone just had a baby. Or maybe even someone passed away, actually, and they embroidered something. Those stories do the best. Are you doing the Pope’s hankies?

27:06
Did you get that order? No? No? No, unfortunately not. You’ve had some famous clients, but I won’t name any names, but I wasn’t sure how famous we were getting you over there at Bumblebee. We did have Ruth Bader Ginsburg. I know. She was a client of ours. I like the call-out idea. That works because if people see that they got called out, they share that with everybody they know because they’re excited about it and it helps.

27:35
you know, sort of boost the virality of the video itself. Not just that, but people will buy because they want to get called out. Yes. I think that’s the idea. that they will get. Yeah, it’s that whole concept of like, which I still to this day find absolutely absurd is on like lives and stuff like that where you can send, basically you’re paying people to say your name on a live, right? Which I think is absolutely crazy, but it’s a big deal, right?

28:04
But yeah, it’s the same concept. You’re just not asking people to pay you in that way. They’re buying from you. I speaking of lives, I follow this guy. He covers like Warriors basketball live after every game. And people are literally tipping him like 100 bucks, 20 bucks just so they answer his. He answers their question. Yeah. And it’s always some stupid question like, do you think Steph shots were lucky in the Houston game? I don’t know. But you know.

28:34
Someone will pay that amount of money just for the attention. Yes. Capitalize on people’s need to have attention. The crazy world we live in, I wouldn’t even pay a dollar for that. No, I wouldn’t either. I remember back in the day, you could call into the radio. That’s really dating myself. It was free. You could call in and ask questions I used to dedicate songs to girls I liked. Yes, song request. goes out to you, Justine.

29:04
It was always like a heart song. I think anything that shows, if you have an interesting process, so you have an embroider machine, I think that’s interesting. I realized last year we went to the Yingling Bottling Factory in Pennsylvania with my sis, we did a tour. I could have watched that bottle machine all day long.

29:31
It was just fascinating to watch them come off the line and everything, all the little things that have to happen for it to be bottled and packaged up. But I think if you have any production or something like that that’s really interesting, making that type of content, really, and people will watch that forever and ever and ever.

29:51
They will and you know what’s funny is we were eating at this faux restaurant once and there was this camera on the fish tank, live streaming the fish tank all day long. And I was like, what’s up with that? He’s like, oh, you know, get money from this. I’m like, what? You just set up a camera on your fish tank? He’s like, yeah, people like the fish. Yeah. So our friend, don’t get it. I don’t get it either because we were, this was a couple of months ago and she’s like,

30:21
have you heard about the eagles? And I was like, of course I watched the Super Bowl, right? And she’s like, no, no, no, the eagles, their eggs are about to hatch. She had like on a separate screen on her computer was like watching eagle eggs that were getting ready to hatch. And she was committed to these like eagle eglets, right? I think that’s what they’re called. And I was like, no, I haven’t heard of the eagles that are.

30:47
about to have baby, I don’t know. But it’s true, people remember when that giraffe was pregnant and like millions of people were waiting for this thing to have a baby. I’m like, that was I don’t understand, but it definitely works. And I would say if it works, try it and see if it works for your business. So my wife buys a lot of stuff from video and she’ll buy stuff just because she likes the creator. Yes. I mean, yeah.

31:16
Like I remember one time she bought this makeup that she didn’t like 100 % like, she just wanted to support the creator. And that’s what it’s come to, I think, in today’s day and age. This is why you can’t just list your products on a store, because, and you know, maybe these tariffs will turn the tide because there’s always these Chinese knockoffs. Maybe that’ll be mitigated going forward, but you still need to stand out somehow. And oftentimes the way you stand out has nothing to do with your packaging or

31:47
know, images or ads or your website anymore. It’s really from people wanting to know who the owner of the store is and what they stand for, what their personality is like. Yeah. Okay. So next, changing gears just a little bit, but I don’t want to not talk about this. One of our goals for my client’s channel is to get emails from the videos. Okay. Because I think, I think in general, especially for something like curriculum, which people do

32:16
think about, right? They don’t just buy, it’s not like an impulse buy, right? There are definitely products out there that are impulse buys and I think you can probably do anything, right? Or the price point is right. So we wanna get emails from people. Is that your strategy for Bumblebee? Like do you have an email strategy or what are you thinking when it comes to that component? I’m not sure, like I don’t wanna put multiple calls to actions in the videos. Right. However,

32:44
I think our products kind of fall under that impulse buy. They do, yeah, for sure. So like having a link directly to the site might make sense. The other thing I was thinking was including a form where you could just tell a story, period, right? And that would get email addresses as well. I’m torn because, mean, we haven’t launched this all yet. And so I think depending on what happens is going to change the trajectory of what I actually do. What do you think, actually?

33:14
Yeah, I feel like for you, could probably do a link right to the store. That makes sense. I mean, that’s what Eric Bandholz does. Yeah. And we do link to products all the time in videos because usually the video does talk about a product in some way. It’s not the main part of the video, but there’s a reference. We still use a lot of lead magnets. So like I think there’s a video that just came out or it’s coming out. It’s about like teaching your kid to read, right? Phonics, which is a hot topic.

33:43
This is surprisingly surprising to you. But a lot of people freak out when their kids aren’t reading right at kindergarten. And it’s like, oh, what’s wrong with my kid? Blah, blah, blah. So it’s a whole video on like, hey, this is actually the true statistics on kids reading and what it means if they read later or whatever. And we obviously have a reading curriculum that we’re selling, but it’s actually not here yet. Right. So we’ve been seeding it with this reading content. We’ve been starting to put reading content on YouTube. So we have a lead magnet.

34:12
that’s basically like a sight word game that you can play with your kids. So we try to come up with ideas that correlate with the video so that, you if you want to learn more, if you want to test your kid, if you want to see where they are, like, you know, download the lead magnet. And obviously that directly gets people on the email list because that’s how they get the download. But that’s been our main strategy. I think for curriculum, that has to be the way you go. Right. People aren’t just going to buy a curriculum after they see one video, right?

34:42
Absolutely not. I they buy a hanky, but yeah. I would question their parenting skills. Do some research. And just for the record, people get worried when their kids aren’t reading by age three, right? Yes. I think it’s at one. If they’re not doing multiplication tables by age two and a half, something’s wrong. Yes, exactly. Yes. We have all the all the warning signs. Our video has bright red flashing lights. So that’s been our main

35:12
our main mechanism for getting emails. And it’s worked, I would say it’s worked okay. I don’t really have a lot to compare it to, right? Because I don’t, I actually don’t only know one other curriculum company that’s making a lot of YouTube content and they don’t seem to be asking for emails at all. So I’m not quite sure, like they have a large following and things like that, but I don’t really have a bar to measure it with. But.

35:39
To me, feels like the people that are getting on the list are eventually making purchases. So to me, it’s a win, right? We’re getting the right people on the list and eventually they’re making a purchase decision. I will say that one of the areas I think we need to improve in is we separate people who come from YouTube versus people that come from an ad or finding us through search or referral type thing. I think we need to do a better job talking to the YouTube people in a different way.

36:09
Because when we got started, we kind of just cloned a bunch of things and it wasn’t we didn’t really do like a full like this is a YouTube customer. And I do think if you’re going to take all the time to do that, that’s definitely something that you should think about doing is talking to those people a little bit differently, because they might have found a lot of their traffic actually comes from YouTube recommended videos. Right. So, yeah, which is interesting to me. Like that was actually a pretty surprising statistic.

36:38
So to me, they probably follow other homeschoolers or other curriculum type companies and got the video recommended. And so they might not know at all who this company is. So we need to do a better job of letting them know like the credentials and why you should buy from them and why their curriculum is different and better. Yeah.

37:00
I think I would have a lot more problems marketing a religion. Maybe it’s because I’m not in that industry, but I wouldn’t be able to… You kind of have to be a little bit more straight-laced, right? I want to buy a curriculum from someone who’s competent. Yeah. And I think that is important, making people aware that credentialed people are writing this curriculum, right? It’s not just bunch of people in the basement putting together…

37:27
Correct. Stuff from a high. can’t act like a goofball like what I plan on acting like for my videos to a certain extent. No. And so the last thing I’m to say on this, which is sort of like, this is not a way to get emails, but it’s a way we use the emails is, and this is actually a great way to get your watch time up, is doing webinars on YouTube. Now there’s a bunch of negatives to this, right? Because

37:54
like you’re not using a webinar software, it’s public on YouTube. I mean, we’re running it public on YouTube, but what I saw when we did this was the watch time went up pretty dramatically overall for the account, not only that, YouTube favors live streaming, right? So it looks good to YouTube. And then as well, the average watch time went up. So the average time of most of our videos are between 10 and 13 minutes.

38:23
Well, the webinar was an hour, right? There were, think, about 100 people on the webinar live. was about basically homeschooling through high school. But the average view time on that webinar was in like the 15 to 20 minute, the view time, whereas her average view time normally is like four and a half minutes, right? So the view time went up pretty significantly because of the webinar. So boosted the overall average as well. So that’s another thing that you could think about doing

38:53
if you have any type of product that needs an instruction. I think about actually the person who came to mind with this is Meg, who sells hermit crab food or something like that. That’s something where you could do a webinar on how to set up a hermit crab tank. You could do a whole instructional and you would get people watching a lot longer because they would be learning about the environment and what they need and like

39:23
you know, use this, don’t use that. And then obviously talking about your own products in there. But anything where you need to give an instruction on something, I think you can figure out a way to make a free webinar, right? And just, and then you get people that come into the webinar because it’s live. So it’s available on YouTube. So people that don’t know that you exist, right, can find you as well. I mean, I do live webinars on YouTube. That’s the only way that I do them. And what my buddies have told me is in general, if you’re live,

39:52
You can do it to the public, but as soon as it’s over, you make it unlisted. Because the metrics for someone coming into a live video, especially in the beginning, when you’re waiting for people to come in and whatnot, the drop off rate is huge. So I would say if you’re going to do it, go live and then make it private later. Not private, but unlisted later. Yeah. Is that what you guys are doing? She actually didn’t get the drop off at all. Afterwards? Yeah.

40:21
I mean, people are still watching this video and I think it’s the topic, right? Homeschooling in high school. People are very intimidated about homeschooling in high school or it’s where you, it’s actually where you see people drop off homeschooling, right? They homeschool up until high school and they put their kid in high school because they wanted to do athletics or something like that. I thought, and I thought about making it unlisted afterwards, but we’re still getting a lot of traction on it. So I’m like, huh, maybe. I can see why that is because my wife was watching this,

40:51
live presentation on how to get your kid into Princeton or an Ivy League school. with that big of a topic with such wide interests, you’re probably willing to slog through a webinar, even if it was previously live. Yeah. And I think that the information, it’s pretty evergreen. I mean, at some point it’ll probably go and I’ll probably put it to unlisted. But for right now, we’re just still seeing people on it. So it’s kind of like, oh, I don’t really want to.

41:19
The reason why I put mine unlisted is because I give the same presentation like a month later. It’s never the exact same. It’s altered depending on what the environment is like. But I don’t want people mixing the old with the new. So are you guys planning on giving this one again? Probably not for a year. Oh, not for a year. Oh, I see. see. OK. one definite advantage that we have is that the owner of this company is also a speaker. She speaks at conventions.

41:48
And so I actually, after, this was sort of a test, right? Because I was like, this is either gonna be really great and people are gonna be excited about it or it’s gonna be an absolute bust, right? And it’s just people don’t have the attention span. And I wasn’t sure where we would fall, but because it worked so well, I said, you you have all these talks that are already done, right? because she does, she speaks at like probably 10 conventions a year and it’s the same talks, right? At almost every convention. Because it’s a different audience, it’s all geographical.

42:17
And I said, we need to do at least one webinar every two months, right? On one of the topics that you talk about, because you already have it. You don’t have to do anything. You just have to prepare. Right. Everything’s already done. She’s already given this talk 10 times. So and she’s like, well, do you think that will cannibalize me speaking at conventions? I’m like, these conventions are big enough to cannibalize. 100 % agree with that. Right. Like, I mean, I get I get the concern and that would be something to think about. But I’m like, but if you’re speaking like right this week, she’s speaking in like.

42:45
Podunk, or something, I don’t know, some tiny Massachusetts town. I’m like, I don’t think those people are gonna be like, well, I’m not subscribing to your YouTube channel, you know, or vice versa, you I heard her in Massachusetts. Okay, well, those 22 people will be fine. So yeah. You can also tell her that there’s some people that come to my same exact workshop like eight times in a row, and they tell me that they learn something new each time they come.

43:10
I honestly, so the first time I saw that with you, I thought that was absolutely insane. And then the more webinars I’ve done over the years, I’m like, you know what, that’s actually true. Like, feel like, because like when I watch a webinar, I have all intentions of like paying attention, but it never fails that like someone comes to the door or, you know, I have to take a phone call or like I miss something, right? Or I have to leave early. And so I do think that like people will watch if you are a good,

43:39
content creator or a good presenter, and she is, you will watch the same content a couple of times to get things that you’ve missed, for sure. Yeah. Yeah. So you’ve got nothing to worry. She’s got nothing to be worried about there. But anyway, the key point in all of this is if you’re not doing video for your e-commerce store, and especially if you’re trying to sell anything digital, I would say it’s required now for anything digital.

44:07
some sort of video content, YouTube long form is still the best in my opinion. And then short form is good too to kind of supplement it. Yeah, I think you need to think about it as if you want people to become loyal to your brand, right? If you want people to build that know, like and trust factor with you, then video content is the quickest way to build that for your company.

44:38
Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you wanna hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to sellersummit.com. And if you’re interested in starting your own e-commerce store, head on over to my wife quitherjob.com and sign up for my free six-day mini course. Just type in your email and I’ll send the course right away via email.

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588: Tariffs, Trade Wars, and Billion-Dollar Consequences

588: Tariffs, Trade Wars, and Billion-Dollar Consequences

In this episode, Toni and I break down how tariffs and trade wars are quietly reshaping global commerce and what that means for your business and your wallet.

From rising costs to supply chain chaos, we unpack the billion-dollar consequences no one’s talking about.

What You’ll Learn

  • The latest on the tariffs
  • How tariffs are affected ecommerce business owners
  • How China is retaliating

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. this episode, Tony and I break down how tariffs and trade wars are quietly reshaping global commerce and what that means for your business and your wallet. From rising costs to supply chain chaos, we unpack the billion dollar consequences no one’s talking about. But before we begin, I wanted to let you know that this is the last call for tickets for Seller Summit 2025 over at sellersummit.com.

00:29
The Seller Summit is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet.

01:00
I personally hate large events, so the Seller’s Summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past 8 years. If you are an ecommerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers. The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th.

01:29
Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:43
to the My Wife Could Her Job podcast. I go on a week vacation with my daughter to tour colleges and I come back and I feel like the whole world, all hell is broken loose. Yeah, you missed a crazy week. did miss a crazy week and I discovered that my daughter likes the East Coast, which makes me very sad because I want her to stay in California. Listen, you didn’t have to take her on a

02:09
tour of the East Coast, you could have just said, this is the only thing that exists over here in California. That’s where all the Ivies are. Now she just has to get in. That’s right. Which is the hard part. So I figured today we we talk about tariffs, trade war and what’s going on on TikTok with all the Chinese vendors and everything. Is it so is it just me? I feel like I can’t keep up.

02:37
I feel like every time that I try to like check the news or, you know, get into a TikTok algorithm, the information is changing, like the tariffs and then there’s not tariffs and there’s tariffs on this and then there’s like, it’s like to me, there’s not even like a true, like what’s actually happening. That’s actually the topic of one of my next YouTube videos, because you’re right, it changes like every week. And like I was literally gone a week and

03:07
You know, it’s on, it’s off, tariffs are on, off. Oh no, there’s some exclusions and whatnot. It actually already made the script for that. And who knows, it might be obsolete by the time I publish it. But it actually, you got to take some time to compile all the information because it’s changing. Yeah. So here’s my first question. Because I and I also doesn’t help that all of our friends are sellers, not all of our friends, but a good amount of our friends have e-commerce stores. And so they’re all posting on Facebook. They’re frustrated, understandably so.

03:36
fully can empathize with them. But so if you have a container on the sea currently, right? So your container was shipped, let’s just say last month. Are you paying the new tariffs or are you under the old like, is there a grandfathering period? How is that working? There was a clause where if your if your goods were already on the water before the reciprocal tariffs, they didn’t apply.

04:01
That was an old statement that was made. I’m not sure about the new reciprocal ones like the 125 % one or the 140 % one. The first set, there was an exemption. I’m not 100 % sure about the latter ones because I couldn’t find any written documents on that one. Yeah. And then my next… So I’m in full on tariff TikTok right now.

04:26
OK, with all the Chinese suppliers, which is it’s kind of interesting since I’ve actually been to China, which is like I’m seeing them walk through stuff and I was like, oh, this is legit. Like they’re really in China. Like this isn’t a this isn’t an AI generated scene. This is legitimate, like factories and stuff like that. But I saw this one guy on TikTok, which to me sort of embodied what I’ve been thinking about everything is, you know, because we’re doing reciprocal tariffs, right, which means we pay, they pay.

04:56
kind of thing. this guy is in he’s in China and he’s like, let me show you everything that I have in my home that was made in America. And he opens up both of his hands and they’re empty. Right. And then he’s like, what in your house is from China? And I was like, I don’t know everything, everything except for the people. So it seems to me that like. Are we exporting a lot of stuff to China? I I heard about the whole Boeing thing that just got China just canceled the Boeing order.

05:26
But I mean, it’s mainly like soybeans and some other stuff from from what I understand. Yeah, I do know this and I can only speak for the textiles, the textile factories. I think they’re hurting big time because right now we actually have an outstanding order where we put 30 percent down and we’re just going to delay it. Right. Yeah. And I know other people who are actually people in the class.

05:55
they’re not placing their orders right now. And, and there’s all these like leaked tick tocks from Chinese factories. saying everything’s empty. You know, um, you know, the, the, the workers have no work. Uh, they, or there was this another tick tock and these get taken down instantly, right? I guess by the Chinese government, there’s this one factory full of down jackets, cause the person who ordered them just canceled the order altogether. Yeah. And we have a mutual friend.

06:24
Brandon who ordered a container of shoes and I think his margins are only like 50 % or something like that. With 125 % tariff, what’s he going to do? Is he going to take it and lose money or break even or lose money? Or is he going to just refuse the shipment altogether and just lose all the money he invested into it? Yes, it feels like there’s no winning in that situation. Right.

06:54
But the factories are hurting. I’m almost positive. And even the messages from our vendors have sounded a little more urgent. Like place your order now. I’m like, I’m not gonna place order now. Right. So they’re hurting. And I’m pretty sure that the other countries like we, didn’t realize this, but I think we consume like a third of the world’s goods or something crazy like that. I’m sure we do. That feels low. So you cut that out.

07:21
Yeah, drastically reduce it. And then all these factories who’ve invested all this money in machinery, like the machinery has got to run. Right, right. There’s lots of issues when you shut the machinery down. And you know, they’re probably still paying bills on that. And so it’s got to keep going. Yeah. And so it’s a big game of chicken right now. Yeah. Yeah. I personally think we’re in a better position because the last time Trump came into office, we already kind of found

07:49
vendors in India and even the US and Europe, different parts of Europe. it costs more, but we’re shifting production and our stuff’s easy. Like we’re probably like a special case because we’re basically selling pieces of fabric, right? Right. But I imagine for someone where, you know, only China can make their product, it’s tough. You can’t just shift production really quickly either. Well, that’s the thing that I think is so fascinating is that

08:18
It’s not like if, well, all of a sudden it becomes unaffordable or not, it’s cost prohibitive to import from Asia, right, because of the tariffs. It’s not like you can just throw up a factory in Wyoming, right? Like there’s all sorts of things that go into that. And the other thing that I think is in this, I don’t want to get political, but like, have you ever lived next to a factory? I have not. So I live next to a paper plant.

08:48
Um, it’s just, it’s everything smells. It’s disgusting. um, like there’s a lot of, like, I don’t think people really want to live next to some of these production facilities, right? Like a lot of them are dirty, you know, the, the environmental impact is huge and it’s not like you can just throw up a plant.

09:08
and then get it staffed, Like you’ve got to, people have to relocate. There’s just like a whole big, it’s not like this can be solved in like 30 days. This is like a one to two year like process if you want to start manufacturing something somewhere else. I mean minimum. Like I think the Tesla factory took three years, something like that, the one in Austin. Yeah. So it’s like, well, even if you’re like, fine, that’s fine. We’re going to manufacture, you’re going to manufacture your own linens, right?

09:38
Well, that doesn’t you can’t just like all of a sudden put up a factory in your backyard. You know, it’s it’s much more complex than that, which I think makes things even more complicated for people. Although you were able to move some of your suppliers or you moved to different areas. Right. Like how realistic is that for other people like for you textiles? There’s definitely I feel like a bigger. Yeah. I mean, every country does them. It’s just right.

10:05
to varying degrees and we don’t even do anything fancy. It’s not like we’re making clothing or dresses or, you I mean, it’s literally a piece of fabric with lace around it. Right. So for us, it’s easier. And the last time this happened, you know, we were like, okay, let’s just make sure we have alternative sources in case stuff goes down. So we’re okay. I think, I mean, you know, it’s going to hit our margins, right? But our margins are pretty high anyways, so we’ll just make less money. But you know,

10:35
Even if we were to pay the 125 or 40, whatever percent it is right now, it wouldn’t affect us that much because of margins. I’m just thinking about the people who have like 50 % margins or 60 % margins. Like essentially, if you double the cost of the good, then you’re not going to be profitable. Right. And so here’s the thing, like these tariffs just hit so sudden without warning.

11:05
that you can’t even prepare. You can’t all of sudden charge double for what you’re selling, right? Right. Yeah. And you didn’t have time to like. So we say sudden. mean, I do feel like Trump campaigned on tariff. So like I think you could argue that you knew it was coming. I think we’re talking about 60. Well, right. No, no, I’m not like saying that. But like even even if you knew in November, that’s not enough time to change anything. Right. Like you probably already have stuff in production.

11:34
You know, like I know the timelines that we had, it was 60 to 90 days from like deciding. So even if you want could pivot, you can’t pivot that quickly. Oh, yeah, for sure. You can’t. So where I see this being hugely problematic is that so for you, for some of my clients, if this was me back, you know, when I have my e-commerce store.

11:59
You have you already have a customer base, right? So you can kind of leverage the fact that you have a customer base to continue to stay in business. But if you’re trying to launch a business, right, and all of a sudden your margins get chopped, right? So you are already probably I think when we when you first start out, your margins probably aren’t as great as they can be because you’re new and you don’t know what you’re doing. And and then you have to pay advertising costs, right? Because there’s no way you can just start a business and not spend money to get customers. Right. So

12:29
You’re spending money on people. That’s not true anymore, actually. Well, people are just launching on TikTok and so right. Right. But TikTok, mean, TikTok’s not cheap. Like if you’re using affiliates and coupon codes and things like that. just mean organic. Oh, yeah. Yeah. But I don’t think that’s everybody. Yeah. I think you have to understand TikTok to be able to do that well. And so I’m like, how do you even get started in e-commerce today? Because.

12:58
I was thinking it’s easier now. It’s easier to start than it is to have already had something running and have this thrust upon you. Interesting. I think the opposite, but maybe I’m not thinking about Well, I’m giving a workshop this afternoon, right? Right. And every time I do these workshops, I find a new product. Right. So this time, instead of going to China, I just clicked on India and the US.

13:25
Because when you’re first starting out, you have the option to shift your production right away from the start. Yeah. Right? Whereas if you already have stuff and you’ve already worked with this vendor for years designing something, then you’re in trouble. So, oh yeah, yeah. Our vendors had mold, stuff like that. We weren’t going to switch. So if you’re brand new, I wouldn’t say it’s easier, but like you have options. It’s much more flexible. Yeah. It’s not like you’re locked in. That’s a good point. Yeah, didn’t. I wasn’t really. I was thinking about it just in the like hard cost to launch.

13:54
Because it’s not like these tariffs affect only one person. They affect everyone. Yeah. And it’s just a matter of time before they run out of that inventory. And then everyone’s going to have to jack up the price. So if you’re starting out now, you have more flexibility over vendors and the playing field’s level, essentially. Yeah, I can I can see that. So. If you were thinking about like, OK, I guess the next question is if you have an existing business.

14:22
How do you jack up your prices without sending your people into a complete frenzy, your customers? So what I’ve seen so far, and I’m not sure if, actually you probably have noticed, I’ve been getting a lot of emails from stores that have said, hey, the prices are going up, this is your last chance to buy. Yes, I’ve seen that. And whatnot. What can you do as an existing vendor? You just have to…

14:51
What we’re doing is we’re actually going to be increasing the prices just gradually. You know how you go to your favorite restaurant and you notice your portion sizes are smaller but the plate is getting bigger? Yes. It happens gradually, over a year or so, a couple of years. That’s how we’re going to do it. You’re doing the boil the frog technique? Yes. Slowly increasing There’s different schools of thought though. Some people will say just rip the bandaid off.

15:21
Yeah. But we have enough skews. Like we have like 600 skews or something like that at this point. Yeah. Where, you raise them kind of gradually in different categories. I don’t think people really notice. Interesting. So you’re doing a slow, slow roll. Slow roll across different categories. one thing I’ve noticed that the auto manufacturers are doing is they’re they’re actually dropping their prices. Have you seen this?

15:50
No, I didn’t see that. So robbing or maintaining? Well, it’s dropping in the marketing sense, right? So I know Ford recently rolled this out and Hyundai is doing something similar is they’re doing employee pricing. So basically they’re charging you the price that if you were a Ford employee, you would pay to buy a car from. OK, Hyundai is a special case because they manufacture their cars, I believe.

16:19
in the US, right? Yeah, I think in Kentucky or one of those places. Yeah. So of course they can afford to do that and that’s a good marketing strategy for them. Yeah. So it’s interesting because I think some like the card manufacturers are are trying to get creative, right? Like with oh, but like it’s interesting because I read an article about it and it was like, yes, Ford is giving employee pricing, but they’ve upped their interest rate. Right. So like they got rid of their

16:47
2 % finance, know, it’s like, they’re gonna make it up on the other end, you know, to some extent. So they’re not like truly just giving things away. And I noticed that Hyundai, like not only are they doing some like employee pricing type stuff, they’re giving like, if you buy one of their electric cars, you’re getting the free, they’re like during a free installation of the power pack, whatever that you need in your house.

17:12
So there, you know, I think some people are trying to capitalize, since everyone’s talking about how expensive things are going to be, I think some companies are trying to come in and like, oh no, look at us, we’re still gonna give you a good deal, right? So I think that’s another way people are doing it and they’re gonna make it up on the other side, right? Which if you’re a car manufacturer, you can do that because you tend to finance everybody.

17:35
Yeah, I know here because my sister-in-law just bought a car. I mean, they’re jacking up prices not on the sticker, but what the actual price is when you actually try to buy the car. Yes. So it’s like one price. then when you I yeah, it’s like an extra six thousand dollars of who knows what. Yes. Of some markup that they make up. But the MSRP stays the same. Yes. Yeah. Because Toyota manufactures a lot of their cars in Mexico, I believe. Mm

18:03
And Mexico, there’s a 90 day reprieve on the tariffs right now. Right. So it’s really just China really. And the textiles and. And I think there’s a reprieve on the electronics now, right, that Trump just imposed. Yes, which I find interesting. Can we talk about like all the TikToks? You mentioned you’re on like the. Yes, yes. So if you guys aren’t on TikTok and I know

18:32
a lot you guys listening probably aren’t on it. What Chinese manufacturers have been doing to fight back is they’ve been like talking about how all these luxury vendors like Ferragamo, Hermes, Gucci and all them do in fact manufacture all their bags or a large percentage of their bags in China, whether they’re sent to Europe afterwards to just get rebadged. And what they’re doing is they’re offering these links to buy these bags direct.

19:01
at like 10 % of the cost. and they’re actually so I’ve I fought I’m in luxury bag TikTok. I don’t own any luxury bags. Let’s be clear. Steve’s gonna make it sound like I do. You do you have a Kate Spade bag. That’s not no and Hermes bag is $35,000 and they don’t even let you buy it if you want it. You have to like get their good graces to purchase something. Do you consider Gucci or Coach a luxury bag? Coach I would not say Gucci.

19:31
probably is like on the border, right? So. Okay, Miss Toomey, do you consider Toomey a luxury bag? No, absolutely not. Wow. Oh my God. No. Okay, well go on. Anyway. I’ll let people in the comments like. Yeah, come at me. Come at me today. But what I think is interesting is that they especially so like Hermes, I feel like is the one that they’re really going after, which is so interesting because Hermes has like worked really hard to build this like. Yes.

20:02
I just wanted to take a moment to tell you about a free resource that I offer on my website that you may not be aware of. If you are interested in starting your own online store, I put together a comprehensive six-day mini course on how to get started in ecommerce that you should all check out. It contains both video and text-based tutorials that go over the entire process of finding products to sell all the way to getting your first sales online. Now this course is free and can be attained at mywifequitterjob.com slash free.

20:31
just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

20:42
absolute like gated brand, right? Like if you have the privilege to purchase an Hermes, right? Like it’s like a big deal. So they basically are showing like people stitching together these bags, right? And I mean, I don’t know if they’re Hermes bags or not, cause I’m not like an authenticator, but they look like the bags, right? They’re the same. And he’s like talking about the palladium hardware and he’s talking about the type of leather and he’s showing all the different things and they’re showing people stitching it. And you’re like,

21:12
Oh, yeah, those are those are made in China. Right. And then they’re obviously promoting the link to purchase the the fake. Right. The the dupe. But to me, it’s like it’s a great strategy. Right. Like if you can take down some luxury brands like there, it’s like going to send this. like a domino effect to me of like how

21:36
people are gonna start reacting to what’s going on. And they’re also doing it with furniture. Have you seen the furniture? Yes, I have seen the furniture one. Yeah. I actually think this is the dumbest strategy ever personally. Interesting. OK. And I’ll tell you why. Like, let’s say I am a business owner. Right. Yeah. And I make stuff over there. Like, let’s say I’m Hermes and I see China is doing all this stuff. I am never, ever going to give my business to China ever again. You say that, but where are you going? India.

22:07
It’s not like so India is probably poised to be the next China right now. Yeah, because they were the first to say, hey, you know, we’re not retaliating. Let’s negotiate. Yeah. And there’s other places to do this. I mean, it’s going to be painful. But like they basically just pissed off all the luxury brand manufacturers. Yes, they did. And they just pissed off anyone who’s even thinking about making anything in China now. Yeah. So I definitely was like, whoa, this is but to me, this feels like you cornered like the lion.

22:36
Right? like we, we made these decisions and China is like, you want to mess with us? Like we’re coming after like, they just want to blow everything up. Like figuratively speaking. Right? Sure. But I mean, it’s dumb in the long run. Yeah. I think overall it’s dumb. And I also dumb. I’ll let you finish. Well, no, I also wonder, who are these people making the content? Is it truly that because they’ll say, like, in my factory, I’m like, that’s not your factory. Right. Like, that’s not the factory owner.

23:07
having these conversations. So like who’s giving permission for this content to be put out there? Yeah, I don’t know. You know I mean? sanctioned by the government to a certain extent. Yeah, for sure. OK, so this is why I think it’s also dumb. And granted, like these fakes have been around for years. You go to China, like every street corner you can get them. Right. The people who are buying these Hermes bags, the Birkin bags, they’re not going to carry the fake. Right. Right. The whole point of it is status. Right.

23:36
And if you’re someone of status and you want to show it off, you’re not going to carry a fake. No. Right? So the people who are buying these cheap knockoff bags are people who probably wouldn’t buy the real thing anyway. Oh, absolutely. Yeah. Right? So it doesn’t really technically hurt the big brand outside of causing this huge commotion that’s pissing off every person. Basically, they’re just telling the world that if you give us your IP, we’re just going to copy it and sell it for pennies on the dollar.

24:06
But also I feel like they’ve already been doing that. They have but not overtly, right? Right, yeah. I mean how many Asian brands, Chinese brands are on Amazon right now selling and undercutting? I mean that’s the whole strategy right now, right? Is they put 15 Chinese sellers on one product, right? And put the other person out of business. They’ve been doing this for a long time. It’s just now they’re flaunting it. Okay, so they’ve been doing it for a long time but through the Amazon channel,

24:34
where it’s like less overt. Now it’s all over social media. And now like you’re gonna think twice before ever using China as a manufacturer again, because they’re just gonna knock you off. Like it’s overt now, right? Whereas before if you’re selling on Amazon, you might not be aware that all this stuff is happening. And here’s the thing before also, like you could easily police this if you want. And China was pretty good. Like if you went through the measures of trademarking and-

25:02
Copywriting or whatever in China they could they would actually shut down the factory But it seems like they’re removing that restriction now, right? And so what large companies gonna want to manufacture in China with these risks ever again? Yeah, no, I think I think it’s Like to me it just feels so chaotic Right now and it’s like okay. We can’t stay in this level of chaos long term Can we I don’t think so, but maybe maybe we can maybe this is just like the new

25:32
the new world we live in, right? It’s just absolute chaos. And how are they getting away with this? Actually, so so they’re not using the Gucci or Louis Vuitton, right? But if you click on it, it’s the exact same like it’s like you’re buying a dupe in China, right? Yeah, yeah. How can they get away with this on TikTok shop? Why? It’s like blatant trademark and copyright violations that so I don’t know. Have you clicked on any of the links?

26:01
I have. Okay. I haven’t clicked on links because I was like, I don’t know. So it’s being sold directly through TikTok shop. Yes. Okay. So some of the ones that I have seen have not been so the I’m not in that side of TikTok. I’m in the side where it’s like click on our like bio and there’s a QR code and the QR code takes you somewhere else. Like it takes you off of TikTok. So that’s what I’ve been seeing. And they’re like, don’t

26:27
Don’t DM us because we get so many messages. Make sure you just use the QR code to go. So they’re not doing it directly on TikTok, the ones that are primarily in my feed, which makes more sense to me. I can’t believe they can get away with that on TikTok Shop. This is just an aside, but if you’re on TikTok, how do you scan a QR code? I know. They were like, screenshot it and do this. And I was like, what? It’s too much for me. Yeah. But yes, on TikTok Shop.

26:57
Okay, that’s blatant. that to me, that feels like it will be taken down sooner rather than later. I mean, it’s already been, you know, three, a week, pretty much. Yeah. I usually it doesn’t take this long to take things down. And it tick tocks a Chinese owned company. Right. So maybe they’re not allowed to have to talk in China. They have to use a VPN to get on it. No, no, no, no, no. I’m saying like it’s still controlled by. Oh, yeah. Yeah. Right. So maybe they’re just a little lax on taking it down.

27:27
Yeah, I could see that. Like, oh, what? I didn’t see anything. No, we’re on it. We’re on it. We’re researching. So who knows where this is going to go? I mean, I just know there’s a lot of colleagues who have shipments or they need the shipments and they need the inventory. Yeah. Right. So what do you do right now? I don’t think we can last that long. I certainly don’t think that China can last that long either. Yeah. So I don’t know what’s going to happen.

27:57
Is there any benefit as a seller to just laying low right now, waiting it out, not really doing anything? Is that like a safer bet or is that more of a risky, like you need to start having another plan and taking action right now? Okay, so I mean, I can tell you what we’re doing, but I mean, I can’t speak for other people. Here’s the thing, like there’s no visibility on what’s gonna happen in the future. Right.

28:24
And when there’s no visibility, you can’t really plan for it. So let’s say you shift all your production to India, for example. Right. Well, let’s say the trade talks with India fall apart. I don’t think they’re going to, but let’s say they do fall apart. Trump issues 125 % tariffs on India. All that work that you just did. Right. Could be potentially undone. Yeah. Right. And for us, like for a small vendor, it’s not as big of a deal. Right. But for someone like Nike, let’s say.

28:50
or Louis Vuitton and they’re investing in factories in these other countries like they all did in Mexico, like they all did in Vietnam actually. Vietnam was the largest investment that Chinese factories have made. And now Vietnam has like a 40, I can’t remember the numbers, it’s like 46%, which instantly obliterates their investments there. Yeah. So how do you plan? In order for things to go back to normal, Trump has to

29:19
gives some sort of roadmap, right? Okay, the tariffs are set. This is a long-term thing. Not this like, oh, you get a 90-day reprieve off the tariffs, because you have no idea what’s gonna happen in 90 days, right? You’re not gonna switch vendors every 90 days. Yeah, that’s really not even possible. This is my fear, and this is just my own personal, like this is not based off anything. My fear is that companies like Nike, big manufacturers, right?

29:48
we don’t compete with in any way, right? They’ll find the loopholes, the tax breaks, the incentives, right? Like there will be provisions made for them to like be able to stay in business, but it’s the little stores, right? It’s the million to $5 million stores that are gonna get just crushed because they don’t have the cash reserves, right? Like they don’t have…

30:15
They don’t have the ability to one get like the breaks maybe that will be given to other companies or they just don’t have the, you know, customer base and the to withstand it. I actually feel the complete opposite way. Interesting. OK. And the reason why is like you’re as a small business owner, like I’m agile, like I got like very few expenses. Yeah. Right. Whereas if you’re a large company like Nike, you got to make factories. Yeah. Yeah. Right.

30:45
huge capital outlay and all that. So it’s a huge risk. So when you’re agile, and you can make these changes, it’s to me, it’s not as big of a deal. And all those breaks that you’re talking about, I actually have a video coming out, actually, I’m doing office hours today, and all the ways to avoid tariffs. Yeah. And they’re available to everyone. It’s not like if you’re a large company, you know, right, you can take advantage of these and the small companies can’t.

31:12
It’s just like the larger guys have more resources to do some of these things. Right. That I’m talking about, but it’s available for everyone. You can’t like discriminate based on size. Well, you can possibly discriminate on is by industry. like right now, semiconductors and electronics have gotten. But something’s going to have to be done about textiles for some of the larger factories. Yeah. I don’t know what’s going to happen, but it will trickle down to stuff that we do. Right. Whatever happens. Yeah. I think.

31:41
I know that you guys are agile like Bumblebee, but I think that not all, not that you’re a small brand, but smaller brands, know, not a lot of them are already strapped and tight. You know what I mean? Like you have a business model that is actually has a lot of cushion in there. But some people don’t, some people don’t have that level of margin to work with, to be as flexible. I guess what I’m trying to say is,

32:09
We’re not making like huge capital investments on machinery and people and infrastructure. Right? If a product doesn’t work, we just don’t make it or we stop selling it and move on to something else. We’re a different vendor. So I think the larger companies have a lot more at stake here. No, for sure. Right. Then the little guys. You know, it’s so funny. So this workshop that I’m giving this afternoon, like

32:39
I’ve changed a lot of the content. So before it was an example, how to source from China. Now the examples are a comparison of sourcing from China versus the US versus India. And so I chose a product and I’m running the numbers for all of them. And what’s funny about it is that even with the tariffs, China is still cheaper than the US by a factor of two. Oh, yeah, I believe it. Right.

33:08
And India, it just kind of depends because you can’t find like the exact same thing in India. You’re probably gonna have to do some talking. Like you can get a base price, but it just ends up being slightly cheaper with the current tariff. And I see how this lecture plays out, but it’s just interesting because there’s options for us. Yeah. And that’s why I think that the U S is in a better position.

33:36
because we have the option of sourcing from different places. Whereas if you’re a Chinese factory that’s dependent on US demand, and all of sudden that demand goes away, you can’t manufacture that. You can’t go to other countries and say, hey, can you buy my 100,000 lightsabers? Because the US isn’t buying them anymore. And the US buys so much junk compared to other countries. Yes.

34:02
I don’t think there’s any other place like the US is willing to buy all this junk. That this is my system. No, I totally agree. Like it’s just there’s a lot of stuff. Right. Yeah. So it sounds like you’re pretty like you think this is a great time for people to get into e-commerce. No, no, no, no, no. I’m not saying that for sure. You’re like, no, I’m not saying that for sure. And I’m saying that it doesn’t affect. It’s not as negative as

34:32
as you think. And if you’re starting from scratch, you actually have options because you, you know, you don’t have any ties to any existing factories. In terms of like the best time to start. Here’s how I see it also. AI is replacing jobs right now. I mean, you should see the Silicon Valley. Like, I’ve been chatting with coworkers, they’re not hiring new engineers anymore. Yeah. And a lot of these companies, and I’ll use the example here.

35:01
There’s people in different countries like the Philippines or where the labor is cheaper operating robots in the US remotely. Right. And there’s this whole wave of robots or AI that’s building all our stuff already. Yeah. Right. So the way I see it, like no one’s job is safe. Yeah. Like you to think that if you’re an engineer or whatnot, your job was safe. Right. Because you’re one of very few people that can do

35:31
to do these things. I honestly think thanks to AI, nothing is safe. it doesn’t have to be e-commerce, but you have to be doing something on the side just in case. Because this is only going to get worse. Just wait till Tesla releases their fleet of self-driving cars. And this is already happening across in Waymo, right? Waymo is in all these major cities now. It’s going to Japan, and that’s going to replace all of the Ubers. Right?

35:59
All the Ubers and lifts, Uber eats, maybe DoorDash at some point. So if that gig economy is gone, what are you going to do now? You got to have something on the side. Doesn’t have to be e-commerce. It’s got to be something. I don’t know. How do you feel about that? No, I agree with you. I think I was working on office hours yesterday and I was I was just using AI to I want to talk about lead magnets, right? Because I think that’s

36:28
I think now more than ever, you need to try to be building an audience, right? Getting people on a list so that you can talk to them, even if you don’t quite know what you want to do yet, right? Like just getting the right demographic on a list. So I was like, you know, I wonder how far I can use AI with a lead magnet, right? Like, I’m like, that’s kind of been my little hobby lately is like, what can AI do that that I didn’t think it could do, right? Or like, how far can I take this? So.

36:55
It basically built the entire lead magnet for me, but then not only that, it told me how to implement it and what tools I needed, and then it showed me how to set it up in ConvertKit or Kit, right? Like it basically, I mean, we’re not too far away from it literally doing the whole thing, like where I don’t have to be a part of it at all, right? So when I started playing around with that yesterday, I was like, this is really fascinating because the deeper I get into it, the more I realized that like,

37:22
I think you and I were talking about how graphic designers are going to be obsolete, right? And first I was like, I don’t know, like totally. But the more I like dig in, Canvas about to release some crazy things next week. Like the more I see this stuff, I think, you know, it’s amazing what we’re going to be able to do with with not a lot of people. Right. We without the level of expertise that you thought was like absolutely required in the past. Photographers, graphic designers, writers.

37:52
Yeah. Photographers, models. Yeah. I mean, H &M is already using AI models to model their clothes. I mean, so where does it stop? I mean, these are already thousands of jobs, if not millions of jobs being displaced. Yeah. Already, right? So what is there left? You got to start something on your own. And granted, like the best people, like we mentioned in the last episode, they’re always going to have jobs, right? Yeah. Best people are going to But what about the remaining 80 %? Yeah. Or the remaining 90 %?

38:20
You need to have some sort of income on the side. Again, it doesn’t have to be e-commerce. I don’t think this environment is that great period because there’s just so much uncertainty. Like you need predictability to do stuff, right? Yeah. But that’s the way I feel right now. And I think like since we were talking about e-commerce for most of this episode, it’s not as dire as you think because when you’re first starting out, you have flexibility. It’s mainly the people who are more entrenched.

38:48
who are going to have these, who are seeing all these problems right now.

39:17
go to SellersSummit.com and if you’re interested in starting your own e-commerce store, head on over to MyWifeQuitherJob.com and sign up for my free six day mini course. Just type in your email and I’ll send the course right away via email.

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587: More Efficiency, Less Waste: How To Streamline Your Business In 2025

587: More Efficiency, Less Waste: How To Unleash Doge Strategies in Your Business

In this episode, we’re breaking down how to apply “Doge-like” principles to improve your business practices and boost your productivity.

The economic climate is shifting and now’s the time to trim back the fat.

What You’ll Learn

  • Where you should be cutting costs
  • How to improve efficiency with AI
  • Real examples of how we’re trimming the fat

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. In this episode, Tony and I dive into how to make your business run leaner by auditing your expenses and cutting out the fat. From hidden subscriptions to inefficient workflows, we’ll show you what we’re doing to plug the leaks. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025 over at sellersummit.com and the prices are now going to go up every two weeks.

00:29
until the event starts. The Seller Summit is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods,

00:57
and not some high-level guys who are overseeing their companies at 50,000 feet. I personally hate large events, so the seller’s summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past eight years. If you are an e-commerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers.

01:25
The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th. Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:44
Welcome to the MyWifeQuitterJob podcast. Today’s episode has been inspired by doge, not in the political aspect, but doging the stuff that I work on right now, like cutting off the fat and really becoming a more efficient business. I feel like you are one of the most efficient businesses I know, so I can’t even imagine what you could cut.

02:12
You know what’s funny is there’s always junk behind the scenes that nobody knows about. Yeah. Right. I think I mentioned this to you last week. Bumblebee Linens has been running on software that is dated 2012 or 13 or something like that. And that software is not supported anymore. And the tools that allow me to run it aren’t supporting more. So if this one PC dies in the office, then we can’t create our monogram designs.

02:42
The whole business will collapse. I guess that’s not considered doge, but there’s all these subscriptions also that I had been signed up for. And you know how much I hate subscriptions. It’s because of this. It gets out of hand, right? You forget about them. Well, here’s here’s the thing like this this one precious computer. I feel like we should steal the Declaration of Independence. This computer is like the holy grail of your entire business. I think that anything where

03:10
When you think about how to doze your business, we’ll just say anything where it’s like, have to fix this, we have to get rid of it, we have to change something about it so that we can continue on. It might not always just be about cutting something, it could be about improving something so that you aren’t at single point of failure kind of thing. Yeah. I mean, I guess the people- What’s that? Which would be you right now. Yeah.

03:39
You know, what’s funny is when you’re like, I’m not in Bumblebee Linens day to day. I pretty much manage the marketing gens in their day to day. Uh, but, but lately, you know, ever since we launched our, our print side of our business, I’ve been going in a lot more. I would say at least, at least twice a week minimum. And every time I go in, there’s things that I notice like, Hey, you know, why are we doing it this way?

04:07
Or not not to say that it’s wrong, you know, it’s the way we’ve always done it and whatnot but even stuff that I’ve written that are being implemented so for example

04:20
What I’ve been working on this past week is when an order comes in, needs to be like a monogram order or a personalized order. It needs to be converted into this file that a machine can understand. And so I wrote this code that literally just takes it from the website, runs all the tools automatically, and then outputs this file. What I didn’t realize, and hence that one machine, if it goes down, we’re dead because it’s using that software that’s obsolete now. Anyway.

04:50
So I discover as I’m trying to make this up to date so that it’s future proof and we can put on any machine and whatnot, I discovered that maybe 20 % of the time it dies. And then someone has to just manually enter in the personalization. Okay. But you didn’t know this. No, I didn’t know this because I’m not running it day to day. Right. Right. Or our VA’s are running it or sometimes our employees are running it. Right.

05:20
The other thing that I discovered that is that we have to rename each file manually before it goes to the machine because the machine can only display so many characters of the name and you know what the personalization is on the machine because you can’t read the file name. Gotcha. So needs to be manually renamed to something so that you can recognize what it is once it gets on the machine. Stupid stuff like that takes hours every day.

05:49
So how did you doge it? What’d you do? Oh, well, now I’ve automated all the code with your stuff, right? So that’s, I literally have been spending probably five hours a day redoing all this stuff using free software. Okay. Thank God for open source software. Because that one tool that we were using to automate everything before, they started charging some insane

06:19
amount of money, like $300 a month or something like that for it, which is ridiculous for what it does. Yeah. And then there’s this free solution out there. So I think that’s why you don’t like monthly programs, monthly subscriptions, because you start and I’ll talk. This is my biggest doge of the year. Very proud of this one. Actually, you start like we’ll say like 12 years ago, right? Because we’ll use myself as an example.

06:49
and you find this tool that does exactly what you want, right? And you’re like, oh, it’s just a yearly subscription, right? I pay once a year. Seems like a good deal, right? Because especially if you don’t have your ability to spend five hours a day coding using open source software, you know, you’re like, okay, this solves my problem for a hundred bucks a year, 200 bucks a year, whatever, right? But then as time goes on, it’s like, well, now it’s $149 a year. Well, now it’s 199 a year or

07:19
Well, this doesn’t really do everything you need to do anymore. You need to get this additional add-on, right? And that’s only $47, right? But then at the end of the day, you’re like, I’m spending 50 bucks a month, right? When you start looking at everything adding together. And so one of the tools, and I still like this tool, is Beaver Builder. And it was a page builder back in the day before it was, like back in the day, it was really hard to build good looking pages on WordPress if you did not code.

07:49
And so Beaver Builder, I don’t want to say made it easy, because I actually thought Beaver Builder was pretty tough to learn. However, once you learned it, you could make really great pages. But then 15 years go by, right? And WordPress rolls out all sorts of, you know, integrated page builders that are free or very low cost, one time fee, right? You buy a theme, something like that. And I was under the impression that I, in order to keep all those pages, I’m going to have hundreds of pages on my site built with Beaver Builder, right?

08:18
And I was under the impression that in order to keep all those pages, and some of them are like decent traffic pages, I had to keep renewing my subscription to Beaver Builder. So every year I was paying like the 147 bucks or whatever it was. Well, then we were on office hours this, you know, the last couple of months and I made a comment about it where we were talking about the subscriptions and how they really add up. And Kevin said, he looked it up as we were talking. He’s like, you, you’ll still keep all your pages. You just don’t get any of the updates.

08:48
And I was like, oh, so I don’t, because I wasn’t, I hadn’t been using it for probably five years, right? Building pages with it. So I canceled it like two weeks ago, like it was my renewal time and I like removed the auto renew and all that stuff. And it felt, it’s like, you know, a hundred bucks, right? It’s not a lot of money, but it felt so good. Cause I felt like I was hostage to it. Cause I wasn’t going to pay someone to build a hundred pages on my site. I don’t have time to redo a hundred pages. You know what I mean? Like,

09:16
That was just too big. It was easier just to pay the yearly ransom and keep moving. I don’t think Beaver Builder is bad company. They’re a good company, but didn’t need them anymore. That felt so good because every year I dreaded that renewal because I’m like, don’t even use this anymore, but I have to keep paying it. That was my big one from a couple of weeks ago. Here’s the problem with

09:39
tools like Beaver Builder. If you ever want to even make the slightest edit to the page, the builder’s code is so ugly, you need the tool to do it, right? Yes, exactly. That felt really good. I want to add a caveat because we’ll probably talk about some other stuff that we cut. Sometimes it truly is just worth paying for a subscription. I will give an example of this. tool that I think until something better comes out,

10:07
you cannot beat this is Canva. Canva has revolutionized graphic design and digital product creation. And it’s like 12 bucks a month, something like that. Yes, all of your assets can be stored in Canva, but you can also export everything in Canva and put them in Google Drive or Dropbox or on your own machine, whatever.

10:33
But that’s what like I think it’s okay at times to pay for things because they add such a value to what you’re doing. And like the time versus money thing is just you can’t put a comparison on it. Like and I know you used Photoshop for a really, really long time with like a one time fee. But I still do. Yeah. Yeah. But once again, you can’t update your Photoshop because you’re using the 2009 version or whatever. I don’t remember what version I have, but it’s the last one before they. Yeah.

11:03
So I think that like, I know when people listen to this and get all cut happy and be like, I’m not paying for Canva anymore. I’m gonna go back to Microsoft Paint. know, like sometimes it’s worth it to spend a little money because you can’t, the technology of the software is better than like hiring someone. I mean, I pay for lots of stuff still just to be clear. Yeah. It was just a matter of going through. Here’s the saddest part. There’s this one software that we’re using for Bumblebee that they discontinued.

11:32
However, it is like the most complicated copy protection ever. Like you can’t just install on a machine, it’s got to get activated on a server which no longer exists. Right? So I was thinking to myself, like normally I would just pay for this, but this is like driving me towards piracy. Right? Because we rely on the software to generate the designs.

12:00
And so I took a little miniature hacking class. It’s actually not that complicated, but just all these little things that companies do, I don’t know. It’s just all these costs can add up. I was using this other subscription that I didn’t even know was active on one of my social media accounts. And I don’t actually check, maybe I should do a better job of this, but I don’t check my credit card statements that often.

12:33
And then before you know it, I’m paying for a whole bunch of subscriptions that I’m not even using. So I did this a couple of months ago. Same thing. Like I don’t we should we now let me just say this is not a good practice. We should be checking our credit card statements every month like a cursory like look over, you know, does everything look right? Did anyone steal my identity kind of thing? Now, I don’t do it because I get notifications of charges like over 25 bucks on my phone. It’s mainly to keep my kids from going nuts. So at Target.

13:03
But I get the notification. So as long as I see a notification come through and I’m like, oh yeah, you know, that’s mine. I don’t really, you know, when the bill comes, it’s like if it’s reasonable bill, I’m like, okay, that looks good. It’s probably about right. It’s what I pay every month kind of thing. You know what I mean? But then when you take a look and I always end up doing this at the end of the year when I’m working on my taxes, right? And I’m looking for things. And then I was like, are you kidding me? Like last year I found that I had been paying for like a Google workspace.

13:32
for a business and account I didn’t own, like I wasn’t doing anymore. So I had paid 20 or $19 a month or something like, only 20 bucks a month, for an entire year and a half since I was like, I’m not going to use that, but I forgot to turn it off, cancel it. So that’s like 400 bucks just sitting there. Same thing with, I used online jobs pH to hire. Oh yeah, I forgot to cancel that.

14:00
That’s 70 bucks. I went an extra four months. That one hurt because that one was just complete brain fog. When I saw that, I saw the charge and I was like, I’m still paying for this and I have not even logged onto the site in four months. That was four months of paying for that. What I try to do and if you are-

14:27
Here’s the other thing is when you sign up for a free trial and it’s one that puts your credit card in and then you forget to cancel, that’s the same thing, which I usually like the free trials where you don’t have to put a credit card in because then when I forget to cancel, it cost me money. I just set Google calendars now for everything. I have a domain that I’m probably going to let expire. I have a Google calendar for July 17th.

14:55
to remind me to go in there and make the final decision of, I’m not keeping this anymore. But that’s I started one of the things I was gonna say. I have tons of domains that I never will use probably that I’m just paying for every So why are domains the hardest thing to get rid of? Because it’s like real estate. It is, but I don’t know anybody personally who’s making money off of domains. I know people do.

15:21
But like, I know a lot of people personally who make a lot of money off of real estate. Yeah. Domains are tough, although I’ve been the past. Ever since, you know, ever since 2020, I’ve gotten a lot stricter. Like I’ve let a lot more things like, OK, I’m not going to keep this. I’ve let a ton of domains go. You know, I just have been more harsh, I guess, with the cutting. Whereas before I’m like, it’s like 10 bucks a month. I don’t care.

15:50
I’ve gotten a lot tighter with the purse strings. Here’s the other thing I started doing. I think every company should do this to a certain point. Every piece of software that you use that needs to be installed on a PC, for example, I now archive that exact version. OK, what does that mean? So for example, if I’m using Camtasia or Adobe Photoshop, CS, whatever, I archive the installer for that specific version.

16:20
Because like I there’s this this is this recently just happened with Bumblebee I updated the version of software all of a sudden all of my automation stopped working Okay Right or just the way we started doing things changed and it just stopped working and there was no way to revert that Version back to the old one. Yeah, unless you had it and I mean one could argue. Yeah, you should be upgrading anyway, but

16:50
More than half the time, I would even say like 90 % of the time for me at least, upgrading is almost never a good idea. I feel like there’s a pain threshold with upgrading and I’ll use Camtasia because I was just in it right before we started recording the podcast. When I opened it up on my computer, I realized that I was like, oh, I have Camtasia 2024 on this computer.

17:18
I thought I only had Camtasia 18 or whatever, you know? But the problem was, and I don’t remember if you remember this, it was probably about a year ago when we were doing office hours and every time I would try to open, Camtasia would crash on me. Like every single time. And it got to the point where I had to re-record like probably three different office hours, like alone because it crashed and didn’t record the live version of it. And so at that point I had spent, you know,

17:46
probably two hours of my time re-recording and every single time I went to use Camtasia, it would crash on me. I lost editing, like I lost editing work. So it was not, wasn’t just the office hour stuff, but it was starting to be a problem. And I did all the troubleshooting and everything and it just wasn’t working right anymore. And at that point I was like, you know what? I have to upgrade to 2024. because this is causing me too much pain to, you know.

18:14
continue to deal with it and just be like, I don’t have to pay any money.

18:44
Now this course is free and can be attained at mywifequitterjob.com slash free. Just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

19:01
I’ve never ever had that problem and it’s probably because you have 10,000 tabs open on your browser leading to memory loss and then Camtasia didn’t have enough memory and then it crashed. Okay, yes. That’s what you said when it was happening, but I did all the things and I actually have it on a computer that I don’t use for very… I usually only use it for recording stuff. So I had even done all of the remove stuff from the computer, pulled everything off into hard drives. I had done all the troubleshooting and then…

19:29
I think there comes a point where when you’ve done all the troubleshooting and you’re still having issues and it’s a really old piece of software, sometimes you do have to upgrade. Here’s another one that might get doged. That’s like typical Mac mentality, by the way. It is Mac mentality. That never happens to me, actually. If I have something that’s working rock solid, it never just stops working.

19:50
on my machine, When I went in all the forums, I was not alone, let’s just say. It probably isn’t maxing. Here’s something that I’m debating, Dojing, and maybe you can help me. I still pay for Jungle Scout. It’s like 500 bucks a year, which that’s a lot of money. it’s 500 bucks a year. I don’t know what plan I have or anything like that.

20:17
Like, I mean, can access everything, right? But I don’t really, like, I’m not gonna sell on Amazon anytime in the next, you know, couple of years. Do I use it for like Amazon influencer stuff? Occasionally, but I really just use Fluencer Fruit, right? Like Fluencer Fruit’s pretty robust. I don’t really need, you know, Jungle Scout. I find myself using Jungle Scout the most when I get…

20:43
Come across a random product on like Amazon or tik-tok and I just want to see if it’s actually Like I use it for my own personal gossip, right? Like I don’t use it in any way for business right now. So it’s like Do I axe it? It seems like an easy no-brainer axe to me really but it just feels I Don’t know, you know, I guess worst case you could use mine. If you know, it’s like it’s like computer specific. It’s a browser. It’s not

21:12
Mine’s in my browser. in your browser, but you got to log in. Oh, I have to log in. Can I log into your browser? I suppose you could. don’t know. Mess up your search history, mess up your algorithm. Yeah, that one’s probably going to get the doge. Yeah, I think you should ask that one. Here’s the other thing that I’ve been kind of doging. And this is probably really annoying to people who work for me.

21:42
But I try to figure out exactly what they’re doing. And then I’ll walk in and I’ll just say, just let me just follow you for a day and see what you’re doing. I bet they love that. I usually do this while Jen’s gone. And then I’m like, OK, why the heck are we doing this way? Why are you using paper? Why is your desk covered and posted? Why are we doing this all manually like that? And then.

22:11
Oftentimes, here’s what my prediction is. Because of AI and everything, I’m predicting in two years, everyone will be able to code these stupid things to automate stuff the way you want. And arguably, you should start doing it now. And this is just like an exercise. There’s a lot of waste. There’s a lot of wasted movements in any business. And a lot of times, automating it actually isn’t that big of a deal.

22:40
And it might take you a little bit. just, so the perfect example is one I already just gave, right? With the automatic monograms, like with the typing and everything. Like when an order comes in, no human should ever have to touch that file before it gets to the machine. Stupid stuff like that. And I wouldn’t even pay for any SaaS apps. Here’s another prediction that I have. You know all those apps in the Shopify app store?

23:07
I was just looking at it the other day because some student asked me about some silly functionality. I can’t remember what it was. Some very basic functionality, something to do with like sales and promotions and whatnot. And she was like, I’m thinking about paying for this app. It’s $50 a month so I can do this like one specific sale. And I’m thinking to myself, $50 a month to be able $600 a year to be able to run one specific type of sale.

23:36
And she wasn’t equipped to do this, but literally you could just go to Claude and say, I want to write a Shopify app that allows me to do this one specific type of sale. And it would give you the liquid code that you could just cut and paste into your theme. Speaking of Shopify apps, my client’s getting ready to doge something, which is this is a big one actually. So we’ve talked about rewards programs in the past. You built your own.

24:06
Yes. And when we talk about accessing things, it’s not because we don’t recommend them. I also want to put that out there. Like I like Jungle Scout. I like the company. I like the work they do. It’s just a matter of is it right for my business right now? And the answer is probably no. So we’ve been using the smile dot I.O. loyalty program. It’s very expensive. How much is it actually?

24:28
So I was about to look it up because the problem with a lot of these apps is not just that they are monthly. It’s like, it’s monthly and you can sign up for, um, know, ons. Yes. $19. So the starter plan in smile is $49 a month. Okay. Um, it does up to 500 monthly orders. like the solid a lot, your store is not very big if you’re in, um,

25:00
you know, starter mode. So growth is $200 a month, which is 2500 monthly orders, which is still like, I mean, that’s a lot, but it’s not really that much. It’s not as much as you think it, you know, right with $20 per additional hundred orders, right. And it’s got, you know, more tiers, whatever, or more, you know, that you can integrate with. The plus program is a thousand dollars a month.

25:30
Woo. Right. So I mean, that’s you better be making a lot of money from your loyalty program. So we just are what we’re going to switch to. It’s like Aptol, A P P S T L E, which is like their top tier, I think is like under 200 a month. Right. That does everything that the thousand dollar a month plan does on Smile. And so that’s the other thing to think about is it might.

25:59
be that you have to use some sort of subscription to do what you need to do. But you you might have signed up for one. Here’s the other thing. A lot of these people increase their prices over time, which I get it. Like they’re trying to earn a living. But like new people come on the market. And you’re right with the ability to like code stuff. Like people are developing things a lot quicker. There’s a lot more competition. Use that to your advantage to find a better deal on a product that usually I mean, usually you can find something that does more for less money.

26:28
I’m not trying to smash smile.io. think it’s a great company. Yeah. But the software they have is so easy to code. I, I seriously told me. I mean, it’s so basic. Yeah. So basic. It was a camera is less than a week project for me. Yeah. Um, to do, and I didn’t even code most of it. Like I had chat, you’d out back back when I was using chat, you’d be to do it. Yeah. Uh, from my own website. Yeah. Um, there was something else I was going to say. Oh yeah.

26:57
Almost all these companies, start out cheap or free. Yes. And then something happens where they decide to triple their prices. Like stamp.io was the perfect example. It was free. It was a review program. Everyone loved it. I was promoting it and whatnot. And then they started gouging people with pricing and they held the reviews hostage if you tried to switch. So that’s why I have no problems trashing that company publicly actually.

27:28
They wouldn’t release the reviews. this is just a trend, I think, with any service. Yeah. Right. I bet Smile.io wasn’t that expensive when you guys first joined. Right. I think it was pretty. I mean, I remember like back when I was in e-commerce, like thinking that that was a pretty affordable program. No, not anymore. Not anymore. And you think like, oh, that’s, you know, thousand dollars. That’s seventy five hundred orders. Yes, it’s a lot of orders every month. But.

27:54
Every single thing eats into your margins, right? Every single thing. And if you can’t show that you’re, and here’s the other thing, if you’re not, this is the other reason why you need to doge something. You have something that you’re paying for, but you’re not using it to its fullest potential. So this is where I see people making a mistake a lot in e-commerce. They’re paying for an affiliate program, like a Shopify affiliate integration, like Affiliate.ly. Affiliate.ly is a good program, right? This is not a trash on them at all.

28:22
But if you don’t have someone emailing your, like if you don’t have either someone’s job or some part of someone’s job is to manage that and to be putting creatives in there, to be putting the copy, like reevaluate, like maybe you just pause it for now, right? Like you don’t have, like until you’re ready to like make the fact that, and I feel at least not expensive, it’s like 10, 15, $19 a month, whatever, it’s in that like sort of doesn’t matter price range.

28:49
But it does matter if you’re not making any money from your affiliates, right? If you’re not actively using that tool, it’s like jungle Scott, I’m not using it right now. I need to let it go. But it’s sort of that like, when we get to the affiliate program, well, okay, when you get to it, but you’re not do it. So quit paying for it until you can dedicate the resources to say, hey, we need to spend five hours a week on our affiliate program. I’m considered dozing my email marketing for my wife quit.

29:19
Not for Bumblebee linens, but for MyWifeQuit. Because at a base level, I have three or four autoresponders, maybe a little more than that, but one main big one. And I broadcast for the most part. So why am I paying all this money for something that’s really basic when there’s actually free solutions out there? There are little, I actually haven’t experimented.

29:45
recently. Remember when we were going to do Go Brand Win? I didn’t build it. It was free and I just tailored it to our thing. It wasn’t bad. It worked. It did work. Yes. And it was a dollar to send 10,000 emails. Yes, I remember that. It was very cheap. Yeah. So here’s the moral of the story. I think there’s almost always an open source solution out there that you should search for first. Take Bumblebee Linens.

30:15
It’s built on an open source shopping cart. And today there’s still a bunch of really good open source shopping carts. WooCommerce is probably the most popular one that’s free. And just think, how many people are on Shopify plus right now paying $2,000 a month? And mine probably has much more functionality than Shopify plus, I would guess at this point. And so that’s a lot of money. Here’s the other thing to think about because

30:45
I know when people listen to this, they tell me, they get frustrated with you, right? Because you’re like, well, I just coded this up. I just did X, Y, Z, right? Which I understand, because I am not someone who can just go code something up and make it work. However, what I have found, and this is a good example with Shopify, and I love Shopify. So, I mean, I’ve paid for Shopify for a very long time. But if you can do something where you…

31:14
You don’t know how to do all these things, right? But you can pay someone a thousand dollars, let’s just say, to set it up for you using software or tools that are free. And then, you know, you have to, you know, have maintenance every once in a while. I mean, what are most even the small stores, what are they paying per month on Shopify? I mean, I think when I was selling, I was paying 100, 200 bucks a month when you added everything in. Oh, when you add in the plugins, you mean? Yeah. Yeah.

31:42
Like a base plan at Shopify is like $39 a month now. So you realize that after a year or two, you’ve basically paid for the investment that you made in the beginning. And that’s something that I think people should think about. It’s like, well, is it worth it to just pay monthly forever and ever and I can never leave? Or should I pay a one-time fee, have someone set something up for me and then basically just worry about maintenance every once

32:11
I mean, that’s always the dilemma. I think that most people have because I fall into this trap too. Like I have apps where I’m paying monthly where I could save 20 % if I paid upfront for a year. But I’m always like, still want the option to cancel. But then I end up using that same software for years. Yeah, the monthly yearly.

32:37
That one always gets me because like I want to do the yearly but then there’s that little bit of me that’s like what if I hate it and I’m like what if I hate it I’ve literally been talking about it for two years. I don’t hate it.

32:50
I think the point here is you have to go through all the things you’re paying for and which ones are labeled each one as whether it’s mission critical, like you can’t live without like usually I’ll go through and I’ll sign a number from one to 10 like how badly do I need this? Yeah. Versus what I’m paying. Like if it’s super cheap. Usually I’ll let it slide. Like I’m paying for some stupid stuff. That’s like five bucks a month. But yeah, I’m willing to let that slide. But if it’s something really stupid, that

33:17
Here’s the problem. I guess it’s hard for someone to tell who’s less technical to to understand what’s stupid or not, you know in terms of how hard it is to To actually implement it yourself But take like that discount example that I gave you earlier Like I want to run like a buy one get one free or something like that That wasn’t the exact thing but it was something a little more complicated like buy something you get something else cheaper, whatever That is a very stupid feature to implement. Yeah

33:47
That’s a very simple feature to implement and you shouldn’t be paying any tool 50 bucks a month to do that. Right. Just get it over with, hire developer to make that part of your store and just call it a day. Yeah. And here’s the other thing I’ve just noticed after teaching my class. A lot of people think short term, right? They’re like, Oh, you know, I’m just going to try this for a year. So I don’t want to invest in all that stuff.

34:15
But that’s not the right attitude. Like you have to go into this thinking that you’re gonna run it for like three or five years. Yeah. Yeah. Right. Yeah. I think I think it’s good rather than doing it yearly like I tend to do is to actually probably go through every quarter. And because if you haven’t used something in three months and it’s not because it’s seasonal. Right. Like you just haven’t used it in three months. It might be time to put it on the chopping block.

34:44
And then, you know, maybe you think, okay, three months, now add it to six, now make it six months, right? like, tell yourself in six months, if I haven’t used it, like it’s gone, right? Like no questions asked. But then, you know, if it motivates you to start using it, then obviously you can keep it. But I think the amount of money people waste on…

35:09
It’s almost always tools you don’t end up using versus tools that are like, it’s just easier not to have this. No, usually the tools that you’re using are pretty good, like Canva. If you use it every day, it’s a great deal. But if you’re like, you know what, I’ve never made a graphic in Canva, then why are you still paying $11 a month? Not worth it. Did you know that Jungle Scott has a lifetime plan now? I forgot to tell you about this.

35:38
since we’re talking about it. It’s like 800 bucks and you never have to pay again. So that might be worth it for you since you’re already paying. It’s helpful to know. I would always rather own something outright than pay a subscription. Even if it’s like a little subscription. I’m like subscription phobic because I don’t check. I think maybe that’s my problem. don’t check my credit card statements enough. Well, and here’s the thing, like with lifetime,

36:03
I think sometimes people get nervous like, oh, lifetime. Well, what if they’re not in business in five years? Well, if they’re not in business in five years, I guarantee you still paid less paying the lifetime than you have paying monthly. Right. You you’ve gotten your money’s worth after five years for sure. Yeah. So my last one where I can’t put it on the chopping block is my Google Drive storage. That I get. That’s really hard to do.

36:32
It’s it but this is one where it’s like it’s the time over money thing, right? Like I’m at 80 % right now on my current plan. So I’m gonna have to upgrade right to the next tier. But if you don’t have a way for you to me to what because I went through this whole exercise. Okay. Most of the time your drive is filled up because of images. Yes, emails like everyone like if they attach an image or whatever that’s all stored in there and it just all adds up.

37:02
Sometimes there’s like short movies in there. You can write a, you can just go up to ChatGBT or Claw and say, hey, write me a Google script, Google Drive script that goes through, finds all of the photos or anything over like a megabyte, lists the file names, and then deletes them if you want. Like gives you a list and then asks you if you want to delete it. My problem is I don’t want to delete everything. Like my Google Drive is

37:31
filled up because of photos and videos, right? In your emails or just in the drive In general. Okay. Well then that, yeah. Then that’s, yeah. But I also have four hard drives behind me, right, that I could move everything to that have already been paid for and are just sitting there living their best life, dusty on my desk. But that’s one of those things where it’s like the process of doing that is just so overwhelming to me that I’m like, I know that I’ll just pay for more storage.

38:00
I’m like that too. mean, for storage, it’s like unlimited. Just like when my VA just told me like her storage had filled up with her with all my videos, not the videos themselves, but like the edits, you know what saying? Like the edit file with the videos. And she’s like, should I start deleting them? Because chances are, we’re not going to revisit them, right? Especially the edited parts. It’s one thing to store the final version, it’s the other to store like the raw off which I was like, no, let’s just keep all of it.

38:29
And so just bought her a new drive, even though I’m probably never, ever going to look at that raw footage ever again. Yeah. It’s just I think this is a good exercise for people because there’s probably so much in honestly, like this says this extends past business, right? Like how many subscriptions are you there’s I always see these ads on like TikTok where it’s like, I bet we can tell you how much you’re wasting on your subscriptions. And it’s like, yeah, I’m sure you can.

38:57
Like I’m sure I’m wasting a ton of money on subscriptions. But I think, you know, start with your business because I think there’s, I think in business too, you get a little like swipe happy with the credit card because you’re like, oh, this is gonna transform my business. Oh, this is gonna, we’re gonna have affiliates and we’re gonna have rewards programs and we’re gonna do, I’m gonna find 15 more products on Amazon to sell with my jungle scout. Like you have all these big ideas and the reality is most people are like grinding away on one thing day after day. And so there’s no point in keeping.

39:26
those expenses when you don’t need them. Yeah. And I think we’re bringing up this topic in this episode because I feel like we’re heading towards a downturn if we’re not in one already. Yeah. Lots of companies, especially in the Amazon space are hurting big time. Yeah. Like the companies. I can tell because we run an event. Yeah. And so, you know, it pays to buckle down and doze a little bit. Yeah. Hope you enjoyed this episode. We’re likely headed to leaner times.

39:55
So it’s time to buckle down and do some cost cutting. For more information and resources, go to mywifequithejobe.com slash episode 587. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you wanna hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to sellersummit.com. And if you’re interested in starting your own e-commerce store,

40:24
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586: AI Just Replaced Your Entire Marketing And Graphic Design Team. Here’s What’s Happening

586: AI Just Replaced Your Entire Marketing And Graphic Design Team. Here’s What’s Happening

In this episode, Toni and I dive into the latest AI image generation announcements from OpenAI and Google and how they are completely disrupting marketing agencies, graphic design and ecommerce overall.

What You’ll Learn

  • OpenAI’s latest image gen release
  • Why graphic designers are in trouble
  • How to adapt to work alongside AI tools

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. In this episode, Tony and I dive into the latest AI image generation announcements from OpenAI and Google and how they are completely disrupting marketing agencies, graphic design, and e-commerce overall. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025 over at sellersummit.com and the prices are now going to go up every two weeks until the event starts. The Seller Summit,

00:29
is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet.

00:59
I personally hate large events, so the Seller’s Summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past 8 years. If you are an ecommerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers. The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th.

01:28
Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:42
Welcome back to the My Wife, Quit or Job podcast. Today we’re talking about AI and specifically the latest releases that just happened with OpenAI and ChachiBT 4.0. I personally think it’s going to disrupt a lot of industries and I’m both excited and scared at the same time. Well, you’re not in the industry, so why be scared? Well, okay. So the reason why I’m excited is because

02:11
Now, as a business, I can greatly lower my budget for graphic design and that sort of thing. On the other hand, I have friends that do graphic design for a living, so that’s why I’m scared. I would like to just talk about this before we talk about all the ways that you’re using it. We were just chatting before we started recording and I said that I haven’t had this much luck and you told me it was user error.

02:38
I was looking at your prompts. There’s five words, right? Well, I had much more prompts before that. Okay. With the new AI tools with image generation, people are saying that this is going to put graphic designers out of business. But if you’re not a graphic designer, part of me feels like some of… If you’re a good graphic designer, one thing you bring to the table is the ability to convey emotion in your…

03:08
designs, right, to evoke feelings from people. And I’m just not sure that AI is, if you don’t have the ability as the importer, then I don’t know if AI is gonna give it back to you. Well, okay, so let’s just take a typical use case here. Let’s say you see a Facebook ad from the Facebook ads library that you really like. You would upload that to ChatGBT and say, hey, I want you to use this style with this product.

03:37
And then here are the value props, here are the whatever. I’ve been featured in these magazines, just put out something in this style and it will do it. And it does a pretty good job. So that’s how I’ve been using it. Yeah. And what’s nice is it literally, so we’ve been featured in Brides magazine, Martha Stewart weddings and real simple. I said, that was one of the things I wanted to insert in the ad. So it actually went out and grabbed those logos and put them on the ad. And then, know how

04:07
I’m not a graphic designer, obviously, but you know how graphic designers, know, they use different size fonts and whatever to make it look good. Yeah. ChachiBD did the same thing. And it looks just like the style of that other ad. Yeah. Except it was for my product. Now I did have to tweak a couple of things because like some of the text value props that I gave it were a little too long. So they were just kind of off center and like the call to action button wasn’t the color that I wanted. And you can iterate. Right. The problem right now is.

04:36
is because it just kind of got released, everyone’s using it right now. So unfortunately right now it literally takes like five minutes an image, which tries my patience right now. feel like it took even longer when I was working through stuff. But so let’s just say you get this graphic and there’s some text that needs to be shifting, there’s updates. Like what is the format of the graphic that, because all I did was go through it in ChatGPT. Like what if you want to make edits, then how do you do that?

05:03
I mean, the easiest way right now is to tell chat GBT to just edit it. Yeah. Right. But I didn’t have the patience for that right now. So I just threw it in the Photoshop and adjusted the things manually. Okay. Yeah. Yeah. But I mean, right now it’s slow because everyone’s using it. But once all the server, remember when chat GBT was like super slow when it first came out? Yes. It gets better. They’ll add servers and whatnot. And if it gets as fast as mid journey, like mid journey is like 30 seconds. Once it gets to that point,

05:32
I don’t think this is going to be a problem just giving additional prompts to get what you want. Also, Google Flash 2.0 is super fast. You can just take that Chat GPT ad, move it into Google now and say, want the model to be crying or I want the model to be smiling. And it’ll update that in like 30 seconds. I guess I feel like this is really good if you know what you want.

06:03
Yeah, I mean, isn’t everything in life better when you know what you want? Well, here’s the thing. I feel like a lot of people, and I see this a lot with e-commerce and a profitable audience, is that a lot of times people don’t really have a firm grasp of what they want. They have this very abstract level idea. That’s where I think the art-based people can help take very…

06:31
abstract concepts and make them come to life. So I feel like this is as good as the person using it, right? If you’re, I don’t think there’s any like, if you, I think if you’re not great at this, then you’re not going to get the results you want. I agree with that. But on the flip side, you can ask ChachiBT, give me some examples of great ad campaigns over the years for this type of product. And it’ll show you

06:59
Of course, if you’re going into this with no research and nothing, yeah, you’re gonna get crap in, crap out, right? But it’s really easy to find good examples of good ads, for example, that you can emulate. let’s say you have Canva, like even the free version of Canva, you can do a search for e-commerce templates, right? And then just feed those into ChatGPT and have it do all the work. Yeah. So I guess my concern

07:28
I think if you’re a good graphic designer, you’re fine. I agree. If you’re a mediocre, if you’re doing this on the side, you’re probably in trouble. I guess the one issue that I’ve noticed recently is my client started a YouTube channel, they’re using Claude specifically to basically turn blog content into scripts. The content’s pretty much already existing. It’s turning out some pretty good stuff for the most part. The other day, she

07:58
put in some content and she asked for a statistic. She was making a video on how to teach your kids to read. And because she’s coming out, the company is coming out with a reading curriculum and she asked for a hook and it was like the back and forth that people do. And Claude said, the hook was something like 80 % of parents are frustrated teaching their kids to read. And so she said, wow, that’s so interesting. Where did you get that statistic?

08:27
And Claude said, you caught me. I made it up. Well, that’s well known, Tony. You can’t trust any stat that comes out of course. But that’s that’s where I feel like I feel like how often is AI going to deceive you? Like, oh, these colors look good together when they don’t look good together. Like if you don’t have an eye for things, I feel like AI will get away with a lot of stuff, just like if she would have just taken that statistic as like, oh, 80 percent of parents, you know.

08:55
I mean, that was the wrong approach. If she wanted real statistics, she would have used a different version that actually does the deep research on it. Well, she didn’t ask for a statistic. It came up with it in the hook. This was part of the hook. Then she was like, huh, this seems high because she has the knowledge of this. If you don’t have any knowledge, I feel like you can be led astray pretty quickly. This is why I think the industry is in trouble. Sure, there’s people who are

09:25
ignorant, you know, who don’t know anything. Of course, there’s always going to be business for them. Right. But who employs most of these graphic designers that make a living doing this? It’s large corporations or bigger businesses who do know what they’re doing because they’re already making money to a certain extent. Right. Yeah. And I mean, this is just the beginning. mean, it’s going to take time for this to happen, and it’s only going to get better. Yeah. Like I just take mid journey, for example, like

09:53
When that first came out, I signed up and then I canceled because it was okay, but it was just kind of fun, a fun tool. Now I’m paying for it every month because it actually, up until the chat GPT came out, I thought mid-journey was the best and it’s, still is the best for certain applications. And again, of course you have to take the time to learn how to use these tools. And so I guess, yeah, from your perspective, if someone’s not willing to learn how to do this correctly, then of course.

10:22
you can pay someone and there’s always going to be people like that. I also feel like one of the things that I dislike about AI is I feel like it flooded the market with people who don’t really know anything but are using AI to create content, make videos, whatever. A lot of the information is wrong, misleading. I feel like the better AI gets, the more fake people we get trying to do these things, which I think

10:51
We heard, I don’t remember who told us this, we were at a conference a couple years ago and they were talking about understanding how to use AI as like the next skill, right? Being able to put in the right prompts, being able to talk to it correctly. And when I heard that, I was like, yeah, that makes total sense, right? But then over the past couple of years, especially when we do webinars or we’re talking about AI use cases,

11:17
And we share prompts like I shared a prompt at my talk last week. You share prompts and webinars. People are like, give me the prompt. Give me the prompt. Like people are like dying for that information. They want they want to learn how to do this better, because usually, like you said, garbage in garbage out. If you’re not putting the right prompts in, you’re probably not getting the best information. Yeah, I mean, that’s correct.

11:43
You know what I started doing now is once I get ChatGPT in a good place with what I wanted to do, I say, hey, take this conversation and then turn it into a prompt that I can ask you from now on. So I have to go through all this again. That’s smart though. And it works to a certain extent. Yeah. Here’s my long-term worry for all this. So

12:10
There was a friend who posted something on Facebook recently where they said that they just laid off 95 % of their engineering team because of AI. Really? So what’s going to happen going forward with artists and everything is as soon as you see there’s no jobs and no work in this field, less people are going to go into it. And at that point, know, chat, GBT and AI, it’s just derivative works.

12:40
off of what if humans have done. And if humans aren’t doing anything new and novel anymore, at some point it’s gonna get stagnant. It’s gonna take years to get to that point, but I think it’s just gonna pendulum back and forth.

12:52
Right? Like it’s going to get to this point where chat GPT or AI doesn’t know anything new because no one’s putting out any content on the blog anymore. Right? Right. And then at this point, every human who’s creating new stuff, they’re not going to want AI crawling their stuff. So they’re going to create these silos now of data where they charge AI for it. And this pendulum is just going to kind of swing back and forth. We’re right now on this disruption phase. Right. And it’ll probably take, I don’t know.

13:20
years for to get to that point. I don’t know, I’m already very frustrated to be honest with you on TikTok and YouTube. Like whenever I get a piece of AI video, I just stop watching. Like I can’t stand it. What type of AI content are you seeing on TikTok and YouTube? It’s mostly sports for me. Okay, yeah. But every now and then I get a like a personal development one. You know what saying?

13:49
I don’t get those, but tell me more. Maybe it’s because that’s my niche and I browse competitors and whatnot. It’s basically teaching you how to, if you’re stuck in a rut or whatnot, the mindset you have to get. I’m not going to watch an AI video for that. Although there are YouTube channels like Motiversity where they have millions of subs and it is all AI generated. Who am I to know what works in that department? My question would be,

14:19
For personal development, once again, it’s sort of the pendulum, right? The AI can have the information right now because there’s millions of pieces of information on personal development on the web. But in 10 years, where is that information going to be?

14:36
I mean, to be honest with you, think personal development information was way saturated like 10 years ago, right? I mean, it’s the same stuff. I feel like there’s new stuff. There’s new stuff, but I watch personal development stuff based on the person who’s giving it because that person needs credibility. Correct. Right? And so if I see a robot or an AI person doing it, it means nothing to me. I would never take personal development.

15:04
from a robot other than you. You’re the only robot I take personal development. Because it’s just some kid probably. Correct. Just a script kitty. Yep. Pumping all this stuff out. Yeah. Yeah. So one thing that I’m glad about and this is, so I go back and forth, right? Because I don’t want to put people out of jobs. Obviously, I have a lot of friends who are graphic designers too.

15:33
Also, I feel like there’s a lot of jobs being done that are so useless. For example, we ran a giveaway and in the giveaway, one of the entries was like, what content do you want to see on YouTube? What content do want me to create? We got over thousand entries. Whoever set up the contest, wasn’t me, decided not to make that a multiple choice, but rather a fill in the blank, which is great until you have to parse the data. Then it’s like,

16:03
You could have 15 of the exact same answer, because it’s nuanced in a sentence, it’s not like, you know, coming together. So the company paid somebody like, I don’t know, 25 bucks, 30 bucks an hour to like organize this data for several hours. And I was like, you did what? Like what? And then they didn’t really organize it in the correct way. It was like this whole big mess, right? Waste of money.

16:24
I took the spreadsheet, uploaded it to ChatGBT and I was like, organize this by category and frequency, right? So like how many times you had the word high school or whatever. And then like ChatGBT gave me like draft one. And then I was like, okay, now organ, like then I kept parsing it down realizing like, okay, let’s look for these keywords and these keywords. And within 10 minutes, I had, you know, a thousand pieces of information organized pretty well. Like I think it could probably be a little bit better.

16:52
I spent 10 minutes doing this with not- I didn’t really know how to do it. I’d never done this before. I’d never asked for a spreadsheet organization from Chagy Pt. versus the three and a half hours someone else did it where they didn’t even really organize it in the right way. I think those types of uses to me are really exciting because that’s just busy work. That’s not skilled labor, I guess. In my first job out of college,

17:22
I was doing board design and there was one lady, her only job was to take a data sheet for like a chip, draw a picture of it so someone could place it in a schematic tool. That was her job. And it was something that anyone could have done or like any software program, like if they just took the time to write it, could have done so.

17:51
You’re right. mean, there’s lots of stuff like that. And I guess I’m not worried for the graphic designers and artists who are the best in their field. There’s always room for people who are the best in their field. Same with engineering and whatnot. But I mean, the vast majority, like 80%, are not the top, right?

18:13
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18:42
just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

18:53
I would say the people who are in trouble are the people who learned Canva. They weren’t actually trained graphic designers. They’re self-taught. They’re definitely creative. They have an eye for design, but they rely on tools to implement ideas. when you work with a true graphic designer creative director, they’re going to do a lot more for you than just put together an image. They’re going to talk about

19:21
For example, with product photos. You have regular product photos, which I feel like AI can probably assist with pretty well. Then you have lifestyle type photos where it’s like, what do you really need and want in these photos that will sell the product? That’s right. What pages do you pick out of a book to show? You know how you can look inside or see that? Those types of things, feel like will still be important for humans to have a component in.

19:50
Yeah, I mean, again, you can take something that you like and I’ve done this experiment, not with images, but with words. I’ll have something and I’ll say, hey, using cash for tisings life force eight principle, you know, give me some tag lines, like tell me which life force eight to use and then just give me some really catchy hooks for this product. Yeah. And does a really good job. So presumably, you know, with photography also, you could take something you like and it’s really easy now to just

20:19
put your product in there instead of the one that’s being displayed in the advertisement. And again, it does take creativity to get that initial idea. once those ideas dry up, meaning you just can’t find them on the public domain, it’ll be harder to do. So I’m curious as to when you say, show me the top performing ads or whatever, where is AI getting that data? Yeah. So right now, actually, it’s

20:49
It’s from the web. Okay. Right? So it’ll do web searches and whatnot. And if that once that dries up, that prompt won’t work anymore. Right. Right. Yeah. Yeah. That’s that’s what I feel like. I feel like that’s it. And the other thing is if this is why we’re like all of our blogging friends have quit blogging, basically. Yeah. I mean, that’s a little bit of an exaggeration, but not much. And it’s like.

21:16
That’s where the information comes from. So if the information is now just regurgitated old information and then regurgitated information, at some point, the information sort of becomes useless. Yeah, actually, I read some article recently that the next version of ChatGPT, which I guess is five, there’s not enough info. It’s already crawled all the information. Yeah. And it’s actually at the point now where it’s crawling regurgitated information.

21:46
which actually has a negative effect on the quality of the LLM. maybe we’re already at that point. Like who’s publishing, like the whole blogosphere, like the people who just blog for a living, that’s pretty much dead. And so where are people getting information from now? Who’s still putting out information, like the big mainstream publications at this point? Because those are the only ones that can rank in Google search.

22:15
But think about what happens when Google goes away. Like Google starts already dying. I can’t remember the exact stat. You’ll have to look it up after the fact. But the amount of people starting their searches with ChatGPD now is really high. I mean, it’s just gaining ground at an exponential rate. And I remember this happening back in the day when I was in college when Google overtook Yahoo in what seemed like just a year. And the same thing’s happening. Yeah.

22:45
I don’t know. I feel like we’re like old people now. This is probably how our great grandparents felt when the car was invented. Think about it. One day there’s one car on the street and everyone else is still on the horse. Then two years later, everybody has a car. Then it’s like, how do you adapt to life with cars when your roads are built for horses? You have all these new problems that come up because

23:15
the technology change so quickly, right? And ever since that point in our history, the changes have been quicker and quicker and quicker. Like it’s hard for me to believe that like I went to all of school until college without the internet.

23:33
That’s true. I didn’t. You’re not that much older than me. When I was in 11th grade, think it was like… The internet existed, but not for regular people with… The people who had computers in their home were people like your family. I remember my dad got the first computer. I was probably 16. Wow. Okay.

24:02
We didn’t have the ability to Google stuff for school or- Yes, was Yahoo back then and Excite and Lycos. I am like, we had to go to the library. Then you had to look stuff up on Microfish or whatever. You think about, we’re old, but we’re not so old. My kids, they’ve been to libraries, but they have no concept of what it’s like to have to get a book to do a paper.

24:32
Yeah, I know. You know what I mean? And like, go pull old magazines or publications. It’s like, no, you just open your like not even a computer. You open your handheld phone like your tiny little technology piece like that. It’s great. So you think about like that progression to now this. It’s just getting faster and faster and faster. I mean, this is the last skilled generation. Just think of how many students are. I feel like my writing skills have gotten worse because of chat to be because now it’s just so easy.

25:02
for me to just spit out garbage, like just dump my brain onto this thing and have it make it sound better, right? It’s- Yeah, so then are we gonna get dumber? Like seriously. Even coding actually, I’m not getting any, I’m getting worse at coding probably because now I can just tell it what I want. I know conceptually what I want in the, but then I’m having AI do most of heavy lifting. Yeah. Although I have noticed, so I, know, I spoke at that event last week and there were some great talks, great speakers.

25:32
Every single one of used AI for their talk title because you could see the same words throughout all that. If it’s like you say, I’m speaking at an event that’s for people who have pets and they’re influencers and they showcase their pets, you put all that information in there, it’s spitting out very similar. Obviously, the talk titles are different based on what they’re talking about, but it’s like the adjectives and adverbs and things like that that AI uses is

26:00
Like, okay, if you’re talking about pets, you use these six words. If you’re talking about this, use these six words, right? So we were looking at the schedule in the speaker lounge laughing that like everybody had to have put their talk title through chat GPT because they were also similar. Yeah. All right. Should we shift gears now that we’ve established that we’re old? You’re getting older too. I know. So how are people using this right now?

26:25
I’ve actually fundamentally shifted my class now. Like there’s an AI section in there. And I don’t think that any new shop owner really needs to pay for photography at all. Really? Because you can take a photo on your phone, and let’s say it doesn’t look that good. You can just have AI touch it up, put it in different environments and whatnot. If you sell apparel, you can just literally have a model wear that apparel, right?

26:53
And if sometimes AI screws that up, so if you want something more robust, you can pay for a tool that’s super cheap where you take a picture of yourself in the pose or whatever that you want with your product. And you can tell these new tools, like you can mask out, you know, what your product is, and it just changes everything else around it. Like you can replace yourself with a supermodel. Right. And then you can animate a photo for an ad.

27:22
You just upload the photo, tell it what you want to do, and it does a scarily good job. Now, you talked about this in Office Hours a couple weeks ago. What’s the tool that you’re using for this? Kling. Kling, okay. It was impressive when your examples were very impressive. Yes. That was in a different environment too. That was like a cartoon that I animated, I think, for Office Hours. Yes, but just in general. But for real humans, it’s-

27:51
does an amazing job, kind of scarily so. I animated an old family photo just for fun, just for fun. And my dad who passed away a while back, it animated him and I was freaking out. Yeah, have you seen those things on TikTok where they animate people that have already passed away? I’m not on that TikTok, but.

28:17
I don’t know how I got on it, but like it’s basically all like people like famous people, actors and stuff like that. But like, know, Robin Williams and Chadwick Boseman and people who like, uh, John Belushi, like all those, like they show them like as an age progression to how the old they would be today if they were still alive. Um, it’s, it’s kind of scary. Yeah. Yeah. So you don’t have to take photos.

28:45
provided you’re willing to go through the headaches of using AI right now, which it’s not that bad. I mean, it takes a while to get an image you exactly want. But you don’t need to hire models. So maybe like the whole modeling industry is going to decline also. H &M just recently announced that they’re going to be using AI models. It’s a big press release, I think like a week ago or two weeks ago. So I mean, it’s already happening. H &M is a pretty big company, right?

29:14
in the apparel space.

29:17
So that can’t be good for society. Right. It might be good for the models. Maybe they’ll start eating now. They don’t have to be 82 pounds. then product descriptions, everything. I you can already there’s this tool that I just recently came across that I haven’t gotten a chance to try yet, but I looked at the demos. If you see a website, you can literally use it to clone it.

29:48
Every single page, everything. Like it’ll crawl the page of the website and it’ll give you the code. So you can just literally clone that exact website on your server. I hate AI sometimes. So where’s the innovation? Well, no, that’s what I’m saying. Like right now it’s all freely available on the web, right? You, you clone someone’s web. Like if you like a cool feature, you can just clone that feature.

30:14
Yes, and I think that’s great. I think it will give another level of the playing field thing, just like I felt like the internet leveled the playing field for people. Then video content leveled the playing field. For musicians, all these people putting their content out on YouTube or on TikTok or whatever and getting discovered and being able to make a living as an artist through not having to go through traditional record label type thing.

30:45
But also, I think about the people that I’ve admired or followed, it’s usually because they’ve kind of been innovative in the space. They’ve come up with something very different or unique. Their value proposition is different than everybody else’s, which is why I like them. Kind of like your book, right? In the entrepreneur world, the message is almost always hustle, hustle, hustle, hustle, right? Work your 90-hour weeks. And then you came out with a book that was like, hey, you don’t really have to be that way.

31:14
Put your family first, you can have a balanced life, it is possible. So it’s like, are we losing all the innovation because everyone’s just like, oh, I like that site, me, like no one’s gonna be different anymore. Everyone’s just gonna be versions of something else. Yeah, I mean, that’s the phase we’re in right now until all that dries up. It’s annoying. Well, once that all dries up and everything else is the same, then people will be encouraged to innovate again and they’re gonna lock that stuff behind a paywall, right?

31:43
because what’s the incentive of doing it? Like right now, I actually haven’t been putting out blog posts because what’s funny is, what’s been happening with my blog is I’ll put out a blog post, which is a derivative of a script that I hand wrote on YouTube. And it’s actually, I think it’s had a detrimental effect on my blog. Really? Yeah, like I haven’t kept up with all the Google updates lately, but maybe that’s just an artifact of just everything declining in the Google space in general.

32:13
I see no reason to do that now. If for some reason there was a way for me to get compensated for it or if it led to traffic, I might do it again, but definitely not if AI is just going to steal it and I’m not going to get anything out of it. That’s what’s going to happen here. I think that’s what’s going to happen with people that are still putting out content. That’s going to decline.

32:43
I don’t know how long it’s going to take to get to that point, but I would imagine at least a few years for that to happen. Before the world ends, before we go into absolute decline, you shared some ways that you’re using AI to streamline, make your business more efficient. I think the photo thing is actually really interesting. I’ll be curious to see how that all rolls out.

33:11
I truly think some people are terrible photographers. I don’t know. Maybe AI can fix the worst of the worst. I agree. I absolutely agree. Even if you take a bad shot, you can have AI change the shot. One of the ideas that I like, which obviously this puts people out of business, is the illustration side only because I work

33:38
with a company that does tons of illustrations and it’s not just a price issue, Like illustrators are expensive, they are hand drawing things. I mean, I don’t have that skill, I can’t draw anything. But the bigger issue that we bump into all the time is time, right? It takes them a ridiculous amount of hours to draw this content. So it’s like, well, if that could speed up production, right, by probably months.

34:05
I mean, that’s a huge advantage in a business, right? Not just financially, but like on the timeline for product development. That’s huge. Yeah. I mean, no question, if you’re a business owner, this is a huge benefit. Yeah. I mean, I’m actually looking forward to robots. And I know I shouldn’t be, but in the back of my mind, I’m thinking how cool would it be for us to be able to fulfill and ship orders without the robot on the weekends without having us.

34:33
having to be there or do anything. When I worked with Valpak years ago, they have a state-of-the-art facility around Tampa, Florida. Basically, it’s almost entirely run by robots. I think there’s maybe one or two people on the floor where they’re printing, stuffing, envelopes. There’s these little robot things that go all around and they’ve got the magnet tracks or whatever. It’s pretty impressive.

35:04
what they’re doing and I’m sure like obviously cost savings and things like that are huge, but also did put a bunch of people out of work as well. You would think that with robots that you have less margin for error, right? There’s probably a much greater chance that a human is going to mess up an order fulfillment over a robot. Here’s where I feel like

35:31
then it goes full circle, right? So like a robot’s probably not gonna make a mistake that a human’s gonna make, but you’re still dealing with humans on the first side of this, right? So like the people that put their zip code in wrong to their order or something, like something that a human might catch the error, because it’s like very gross, a grossly obvious error, but then a robot would probably just process something through without catching it. So it’s like you kind of go back and forth, right? Because at some point, whenever the human’s involved, the error rate is gonna go up significantly. So even if they’re the customer.

36:02
Yeah, but then the robot will learn. There was a recent report that came out, I think Waymo put it out, that said the likelihood of an accident is significantly lower. It was something like 80 % lower when the robot is driving the car versus the human. Well, yeah, because they’re not on their phone. I think Waymo has millions of miles at this point. I can’t remember what the exact numbers were. I just saw the article in passing. But yeah, I mean, it does a better job.

36:31
than humans. Have you been in one of those cars yet? I were in Vegas. The reason why I haven’t, maybe I’ll do so because it started out in SF, but it’s more expensive right now than to get a regular Uber. Oh, is it? Yes. It makes sense. Which is why I haven’t done it yet. I’ve just had a cheapness.

36:54
I still am little afraid to do that, but I don’t know. It’s probably safer than driving with my kids. What else is on the line for disruption? Engineers, like my fellow engineers here, are hurting. I’m glad I got out of that industry to a certain extent because the number of CS majors has not declined coming out of universities.

37:22
but the amount of jobs has greatly declined. Which means that a lot of these people are gonna be looking for jobs that just aren’t there. But on the flip side, a lot of the innovation is coming from these engineers as well. if there’s no jobs, people aren’t gonna become engineers and then who’s gonna advance the AI industry later on? So how are you, since you actually…

37:48
You’re a good case study for this, right? Because you guys create designs at Bumblebee, right? So are you using AI to brainstorm ideas? I know you’re banking on it’s National Donut Day and all that kind of stuff, how is AI doing for that side, the creation side of it? Yeah, so right now I’m not using it for products. I’m mainly using it for social media ideas.

38:16
And one thing that I’ve been using AI for is so one thing that we have on the horizon is we’re to be publishing stories, you know, of the people who actually embroider the handkerchiefs, since it’s always for some special occasion. Right. So I’ve gone through and we have like 17 years of database data of people personalizing handkerchiefs. So I took that database and I just fed it in chat, GVT. And then I had it highlight ones that are just kind of out of the ordinary. Yeah.

38:44
So anyone who’s written something that’s kind of funky or whatnot, like there’s a story behind that, right? And that story is very interesting to be told. That’s a pretty good application. Anything where it has to parse lots of data is like generally a pretty good application for AI. But you’re not using it for any of the artwork right now. So for the artwork, like if we tell someone’s story, we don’t use their name or their likeness, and we’re using AI to generate, you know, mock-up people.

39:14
and fictitious names to tell the stories. What about on products that you sell? I don’t know what it’s called. It’s not heat pressing, but you can put. Oh, yes. That’s a good point. Are you using like, create a menorah because it’s Hanukkah or create, are you using AI to come up with designs for that? Because that’s been a new part of your business. It’s doing pretty well. That’s correct. We are not doing that yet.

39:43
Mainly because the text wasn’t very good until recently. So, because a lot of times, let’s say you have an Easter design, right? Because that’s coming up. You want to say happy Easter or whatnot, and it just totally screws up the writing. And it’s really hard to modify the writing. Like you have to go through work, you have to manually erase it and put font, whatever. But now with the new ChatGPT stuff, you’re right.

40:11
we can just create designs on the fly, which leads me to think that Etsy now is going to be like this flood of AI generated junk. I mean, I feel like Etsy was already getting junky. So now it’s just going to get worse. Well, it was junky because when they let Chinese sellers back in in 2022, that turned into junk. Yeah. I mean, Etsy is basically a poor man’s Amazon now or Tmoo even. Yeah.

40:39
Speaking of Chinese sellers and AI, so our friend Andrea just launched a new product and they’re doing this standard run ads, all that sort of thing. But one of the things that they did is they did like a huge influencer seating.

40:57
with the product and they mailed it to a lot of people with no expectation. I think that’s the big catch here, right? Whenever you’re doing anything with influencers, you can’t be like, I’m sending you this one free thing, please post six posts and whatever. They send it out and it’s in the crafting type space. Several of the influencers posted about the product. They’ve made a sale or two, but more importantly, other influencers have seen the seeding and are reaching out for the product.

41:28
And this is where I feel like you have to stay away from AI because I know people are trying to streamline and a lot of people are like one owner businesses, like they don’t have a team. But I think when you’re thinking about like on the influencer and relationship side of things, have, this is where your advantages over those Chinese sellers, right? The Chinese sellers are not gonna understand even if they speak English or can translate, they don’t understand like how to work with these people, right?

41:57
So she’s really winning this game right now by the interaction she’s having with the influencers and getting more influencers on board. And I think that’s something if you’re thinking about how to streamline and things like that, that’s something I would always keep very personal because, know, from what I learned from TikTok last week was that like influencers are driving the majority of the sales on TikTok shop, right? We’ll be talking about that on Seller Summit. Actually, I’m really excited about that panel.

42:25
I don’t if you saw my email this morning, but it’s going to be amazing. I think that side, like certain things I think you’ve got to stay away from AI to do. And that’s definitely one of them, because I think the relationship matters with people. And that’s where, once again, you’re fighting against sellers that are in China or have big teams or are using all sorts of AI to create all sorts of, right, like flooding the internet with content, right? But you still have an advantage.

42:53
in certain areas and you’ve got to be able to, you got to leverage that where you can. Yeah. Yeah. I mean, I hope I didn’t bring everyone down or we didn’t get it. I like we did. This was, I it’s exciting and it’s just scary at the same time because I know people who are getting disrupted, right? Yeah. And if we’re not careful, we could get disrupted. Yeah. Right. So that’s why, like, even if you don’t have any interest in this stuff, you should probably get interested in it and learn it because

43:24
Otherwise, you could be left in the wayside. Not a great way to end it, huh, Tony? But go play around with this stuff. Figure out ways you can use it in your everyday life. I think it’s pretty fascinating in general.

43:43
Hope you enjoyed this episode. If you haven’t used any of these tools yet, I highly recommend that you give it a try. For more information and resources, go to mywifequitterjob.com slash episode 586. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you want to hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to sellersummit.com.

44:12
And if you’re interested in starting your own e-commerce store, head on over to my wife, quitherjob.com and sign up for my free six day mini course. Just type in your email and I’ll send the course right away via email.

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585: What’s Actually Working in Email Marketing Right Now (Real Examples)

585: What The Best Email Marketers Are Doing Right Now

In this episode, Toni and I dive into the key takeaways from the Email Newsletter Summit she recently attended.

From list-building strategies that actually work in 2025 to content frameworks that boost open rates, we’ll break down the most actionable insights, trends, and expert tips shared at the event.

What You’ll Learn

  • The latest email marketing trends that top marketers are using to grow their audience
  • Creative approaches that are keeping subscribers clicking and opening emails
  • Real-life applications with email that are working right now

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. In this episode, Tony and I dive into the key takeaways from the email newsletter summit she recently attended. From list building strategies that actually work in 2025 to content frameworks that boost open rates, we’ll break down the most actionable insights, trends, and expert tips shared at the event. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025.

00:29
over at SellersSummit.com and the prices are now going to go up every two weeks until the event starts. The Seller Summit is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business

00:57
entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet. I personally hate large events, so the seller’s summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past eight years. If you are an e-commerce entrepreneur making more than $250,000 or $1 million per year,

01:25
We also offer an exclusive mastermind experience with other top sellers. The Seller Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th. Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:48
Welcome back to the My Wife, Quit or Job podcast. A couple of weeks ago, Tony went to an email marketing conference. And since email is such a big deal for both of our businesses, I thought that we would recap the event today. Yeah. So this is kind of ironic. I’m giving a talk in the next couple of weeks about avoiding shiny object syndrome in your business.

02:12
And then I proceed to go to an email marketing summit where I have 52 business ideas and want to implement every single one of them. But that’s what you do for a living now. So I don’t feel like that was a shiny object. That’s true. But I think every time you go to any event and we see this with Seller Summit, right, where people go to Seller Summit, they hear, you know, they hear Tiffany talk about live selling or they hear Andrea talking about Facebook and or Brett Curry talking about Google. Right. And they’re like, this is what I’m doing. I’m doing all of it right now.

02:40
And so I think the biggest thing to take out of anything we talk about today or in general is that, you know, maintain the Steve Choo strategy, like pick one thing for the year and focus on it. So if you see if you hear something today that sounds great, make it your one thing for the year. But don’t don’t do all of it. You know, what’s funny about you saying that is I literally just published a video yesterday about how selling on Tmoo might be attractive now.

03:09
because they’re not charging any freeze and they’re doing free advertising. Really? to poach Amazon sellers. Because you know, the new rules pretty much decimated their China business. Yeah. So they’re trying to recruit US sellers. And then the comments, everyone’s like, oh yeah, I got to try this. Well, hold on. Hold on. I’m just saying it might be a good opportunity. I’m not telling you to go out and rush to do it. anyway. So it was in Austin, Texas. I actually don’t know the people who ran the conference.

03:39
I actually don’t think you knew them either. I want to give them credit. It was like, now I can’t find the guy. Matt something. He didn’t speak. anyway, so just like overall, cause I said, sounds like they’re going to do this event again. So if you’re into email marketing, this was really focused on content based email marketing. So if you’re an e-commerce, this probably would be not the best conference for you.

04:09
because there wasn’t a lot about e-commerce email marketing in there. This was a lot of content-based email. However, they did a couple things really well at the conference. One, they had a lot of really smart speakers, and they actually only gave the speakers like 25 minutes on stage, which at first I was like, oh, you know, but I might steal the idea from them because the nice thing about a 25 minute talk is that people can only cover like two or three points.

04:38
And so you don’t leave overwhelmed with like from one session, right? It’s like, oh, I can’t absorb or digest all this information. Like everything comes to you in like really digestible ways. So I’m kind of learning to like that 25 minute talk time. I don’t like it. And I’ll tell you why. OK, tell me why. From a conference holder perspective. OK. So you have to bring in a whole bunch more speakers. Yes. Right. And I don’t think the economics really work out also.

05:08
Plus, having one or two things, I get it. I get it, because that’s how gorgeous this conference works. Every year I speak at DTCX, whatever it’s called, and I get 20 minutes. What ends up happening sometimes for me is it’s hard to get through something even remotely complex in 20 minutes. Which I think is kind of the point though, because to me at a conference, you can’t get super complex. You’ve got to stay like…

05:36
If you’re going to get complex, it should be one complex thing. I would say as a conference holder, agreed that the math doesn’t work to bring in double the amount of speakers, but what does work is giving people more networking time or more roundtable time or things like that. I think you can balance it, but I did like that format because I think one of the problems, because we don’t have trained speakers at our event. These people are people who are working in the business on a daily basis.

06:05
And so I think when you say to someone you’ve got 50 minutes or you have an hour, they’re like, oh, you know, and they and we’ve had speakers show up with 135 slides. Yes. And and not like the slides because there was one speaker here that had a lot of slides, but it’s like each slide was like one second. Right. It was just to keep your like Pat Flynn does this is to keep your attention. Right. Right. So anyway, all that to say, I did like that format. The speakers were awesome.

06:33
The logistics were a little iffy, but it was their first year. Obviously, we’ve all had a first year. Well, not everybody, but you and I have had a first conference year. I’ve had a couple. There’s always some hiccups. I want to start with, honestly, what I got the most excited about and the talk that got me the most excited and also sent me on to the rabbit trail, and that is local newsletters.

06:58
Yeah, you mentioned that talk to me about that. OK, so you would create an Orlando newsletter. Yes. So the guy who spoke his name is Ryan. He owns 6 a.m. City. And it’s basically a I don’t want to say it’s a franchise because it’s more like they just basically find cities and go in and start local newsletters. Right. Like so they he has local newsletters all over the country. Now, I would say just because I’m telling you this, don’t think that you can’t start one to even if

07:27
6 a.m. cities already in your town. Most towns can definitely support, mean, most towns support multiple hospital systems, multiple, you know, dentist office, multiple, you know, little league, whatever. So don’t think that just because this guy owns like a bunch of them that it’s like, well, he’s already done that. There’s no room. I think there’s absolutely room. And this is actually he’s got a genius business model. So he goes into a city with two editors and a sales guy.

07:56
And basically their model is to make the local newsletter profitable by six months. And the way that these make money is primarily selling ads in the newsletter. Now I went and did a little digging on him and they do have websites to go along with the newsletter. So if you like read an article, if you see an article in the newsletter, you’re going to click over and read the full thing on the website. So all the information is not delivered inside the newsletter. However,

08:26
I think you could do that too. I don’t think you need a full robust website to do this. sorry, go. Just walk me through it. mean, how do you sell advertising unless you have the audience to begin with? So he talked a little bit about growing the audience. A lot of it is in, you know, kind of getting yourself out there. It basically is not a hard sell. Right. I don’t know where if this happens where you live, but where I live, I get a magazine. In fact, I just got it this week.

08:55
for my town. And it’s like little feel-good stories and the ice cream shops opening and this, know, like we had the town I lived in, well, it’s basically the same town. Our little league team won the World Series this year, right, or last year. So like, you know, there was an article about that and the little parade and all these things. So it’s all these like feel-good local stories and, you know, where people are rescuing birds and, you know, and then in that magazine there’s ads, right?

09:22
So I think when people go, hey, here’s a newsletter that you can read and learn about the happenings in your city, learn when the new Publix is gonna open, get information on things in your community, it’s not a hard sell. And you basically can work with other local businesses to get subscribers. for example, you could, like we just had a donut shop open right down the street from us. They’re really good. I was a little hesitant.

09:50
You know to try a new donut shop, but I’ll take one for the team and test donuts But like they just opened and so if I had a newsletter for my town I would say to them Hey Maybe we could work out a deal where someone gets like a free coffee a very inexpensive thing right in exchange for providing their email address You know to you guys and we’ll get it too, right? And you obviously disclose that to the person signing up and then we’ll give you advertising in our newsletter, right? So both

10:16
Both are growing, right? They’re getting an email subscriber and then they’re getting people that don’t know that they exist in your newsletter. I think this guy said he started his very first one with just family and friends, like 70 people, put it on his Facebook page kind of thing. Because the content was so good that it just organically grew because it’s not-

10:41
It’s not like, I want to subscribe to Chipotle’s emails, right? Or it’s like, I don’t want to get a Taco email every day. But do I want to get an email about what I can do this weekend, what time the farmer’s market’s open? Absolutely. He had a couple suggestions or rules that they use, obviously, for going into cities since they have a whole production basically with this. They like the smaller metro areas. He wouldn’t go into San Francisco.

11:09
I think that he actually said they did and it didn’t do well. They like to go in places where, so let’s say I live in Orlando. For me, we’ve got Orlando, we’ve got Jacksonville, we’ve got Tampa. They’re like three big metro areas. If you have an Orlando newsletter, the healthcare systems are the same. The healthcare system in Jacksonville and in Tampa, have all the same, it’s the same company.

11:37
If I want to sell advertising to that healthcare system, they could get it in three areas if I had the three newsletters. It’s an easier sell and an easier grab for advertising. Obviously, you can sell to the mom and pops, but he made the point that we talk about a lot. It’s easier to have 10 customers at 10 grand a month than it is to have 100 customers at $1,000 a month with advertising. When you find these little metro areas where you can sell to companies that are like,

12:07
just located in that area, but they’re like, a healthcare system isn’t going to blink at a 10K ad spend. A mom and pop place is. The other issue is a healthcare system is never going to care if they get a click. Whereas the mom and pop, if they’re like, this is our $500 advertising budget for the year, if you’re not driving clicks or they’re not seeing traffic, they’re going to probably pull their dollars.

12:33
He talked a lot about using like the grocery store, the bigger spenders and ads to work on the advertising. Obviously, you can do the mom and pops too. Is this a legwork related thing? Like you literally walk from store to store and you have these negotiations. So that’s why they hire us. They have a sales guy that does that. I think if you’re active in your town, this would be pretty easy to do. Like if you already have relations, like I know my friend Sandy, who you’ve met.

13:00
Like she knows the manager at the grocery store. She shops at every. She lives by a shopping plaza. She knows every owner in that plaza personally. Right. So like you start with the relationships you already have and then you build it out. The nice thing is it’s easy to get subscribers for this because people want this information. Yeah. With the death of like newspapers. Right. Like I remember when I was a kid, we got a daily newspaper. And on Friday or Thursday, there was like this event section in the newsletter that told you everything or the newspaper.

13:30
Well, I don’t even know if that exists because I haven’t gotten a newspaper in like 20 years. But like, even if it does exist, most people aren’t getting a newspaper anymore. So you’re providing a really valuable service to the community. The other thing that I thought was interesting that he said, and I think is important if you’re thinking about doing this, is you don’t have to go to all the events. The events will actually give you all the information you need to write it up.

13:56
and you can get people who go to the events to take the photos and email them to you. Right? Because think about your mom or my mom or, know, like, my picture was featured in my news. I remember when it was a big deal to have your picture in the newspaper. People are still excited to submit content. He said that’s one of the biggest mistakes they made early on was thinking that they had to be at everything and he’s like, you don’t have to be at anything. No, obviously, if you want to go or do stuff like that.

14:26
I think the other cool like side benefit of this and this is just like through someone who’s been in like content creation forever. It’s kind of cool to be like, hey, we get to go to all the restaurant openings for free and we get, know, like once you become a, you know, a force, you get a lot of opportunities like that. Now that might not be for everybody, but to me, that’s always a fun side benefit. I remember when I was little, there was this local newspaper called the Potomac Almanac. It was just for our neighborhood. Yes.

14:56
I used to read that thing religiously. This is the same thing. Yeah. Yeah. So basically you’re just taking what used to be, you know, something that was print and you’re making it digital. And I think the real key in this one is that, you know, print media is just in such a decline that it’s like, why would you not jump on this? And it’s not even like you can’t monetize it in other ways, too, right? Like you can.

15:23
have affiliate links, can have other things in there. You can work on commission with local vendors, things like that. Like maybe there’s a pet spa, right? And so it’s like, hey, we’ll do a coupon and for everybody who brings in that coupon, we get 10%. You can work deals and things like that. So I actually think that’s a pretty cool business model. And I don’t think a lot of people are doing it.

15:48
When I started looking around, I didn’t see this overwhelming amount of local newsletters. I mean, this is definitely a word of mouth thing, right? Because now that Google isn’t really ranking smaller sites, it’s pretty much you get someone and then they talk to someone, they talk to 10 people. Yes. Yeah. OK. I can see how this would work. Yeah. So that probably got me the most excited about stuff as far as like

16:16
I was like, maybe I should start an online newsletter. What about list building strategies? From the conference? Yeah. Interestingly enough, they didn’t talk a lot about that. OK. know. Or maybe I wasn’t paying a lot of attention. But I think, yeah, they just I mean, a lot of it, the same stuff that we always talk about in our courses and stuff like that is, you know,

16:45
But the number one thing that every single speaker said that I remember was that your content is your best list building strategy. If you have great content that you’re putting out, your list will grow organically. Now, you’ve got to start somewhere, right? But our friend Chanel who spoke at this event, actually this is what she hammered home the entire, her entire talk.

17:12
If you think about her newsletter, she started two years ago. She’s at, don’t know how many, 40 plus thousand subscribers in two years. That’s very fast growth considering she didn’t really have a website. She had a landing page. She didn’t start a podcast until two months ago, three months ago. It’s like her only mechanism for growing the newsletter was people sharing the newsletter. Because the content of her newsletter, and her newsletter is called Growth in Reverse, shout out to Chanel.

17:42
And it basically does deep dives into content creators who’ve grown their businesses. But the content in her newsletter was so good that people couldn’t not share it. And I think that’s honestly the key with any newsletter is that you just have to have content so great that people want to talk about it. I mean, it was funny because you and I both know Chanel. I’ve known her for a long time. She’s a huge introvert, right? She was like,

18:11
you would have thought Justin Bieber walked into this conference. She’s famous in the newsletter world. Everyone wants a picture with her to talk to her. Of course, I’m laughing because it’s her nightmare. She likes to meet people, but she does not want to be the center of attention by any stretch. Just from creating that great content with her newsletter, she’s built it in an organic way. Now, I will say that ConvertKit, and I think

18:40
I’m not sure if Beehive offers this too. I did talk with the Beehive folks, which is another email newsletter platform. They have some tools now that make people sharing and getting subscribers pretty easy in your newsletter. Some pretty cool features. I think that’s just another incentive to continue to make great content because you want people to what you’re talking about.

19:09
I just wanted to take a moment to tell you about a free resource that I offer on my website that you may not be aware of. If you are interested in starting your own online store, I put together a comprehensive six day mini course on how to get started in ecommerce that you should all check out. It contains both video and text based tutorials that go over the entire process of finding products to sell all the way to getting your first sales online. Now this course is free and can be attained at mywifequitterjob.com slash free.

19:38
just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

19:49
Now, to be fair, think Chanel used some tactics to build her list too, right? She did. Partnering with other people with lists. Some JV programs. I can’t remember exactly. She did a post on it, I remember. Yeah. She actually put her time to 50K subs. Oh, sorry, this is her average time. on.

20:19
People, let’s see, to 50,000 subscribers of the people that she interviewed, 7 % had 50,000 subscribers within six months, 14 % had it within a year, 17 % had it within two years, but the main amount was two to three years as 50,000 subscribers, 33 % of people. I think that’s important to note. Yes.

20:50
I think one of the things that you can do to grow your newsletter is basically what Chanel did too was she profiled other content creators. If you can partner with anyone, it doesn’t have to be profiling of a content creator. If you can partner with anybody to email their list, you email your list. The only caveat to that is if you have 5,000 subscribers and they have 100,000 subscribers,

21:18
that’s probably not the partnership that’s gonna work. But if you find another creator with under 10K subscribers, they’re probably very happy to do like a joint blast or anything like that. Kind of the same way that you can do with YouTube, right? Where you can work with other content creators to. Right, and do co-labs and whatnot. Yeah, for sure. Just similar principle. Yeah, what was her talk on by the way? Basically like all the people she’s interviewed in the

21:48
Like, what did they all do the same? And her thing is basically everything that everyone did the same was quality content. See, mean, honestly, I hate that answer. I know. Right. Because what is quality content? It’s basically just, you know, you. Right. Yeah. Yeah. And how you do things. And but I think and she called it insanely valuable content. Sure. So.

22:16
And most newsletters are free. So for someone to be able to get something that’s that valuable for absolutely free, it’s a win, right? And she included some quotes that people have said about her newsletter is, can’t believe this is free. How do you only have X amount of followers when she was first getting started? I feel like I’m stealing from you. How do you put out content like this every week?

22:46
people, that was the feedback she was getting when she was putting out her newsletter. And she was said basically, said, if you’re not getting replies like that to your email newsletters, you have a content problem. And so that’s basically her whole schtick, right? Is that if you’re putting out this great content,

23:08
is once you get the ball rolling, like those first six months, this first year, then you start to see by two and a half, three years, you’re getting that 50K subscriber base. I think that’s where most people miss the mark, to be honest. I’m not going to call you out, but I am. If you think about how you use your email newsletter, it’s not about great content. It’s just about pushing out to people what you talk about on YouTube or on the blog or

23:37
You know, whatever. Yeah. I mean, the content in the YouTube video is good, but I’m not writing creative content in the newsletter itself. Right. There’s no reason for someone to sign up for your newsletter because they can just go look on YouTube at what they can just subscribe to on YouTube. And obviously you have a different business model, you know. Yeah. But I think the newsletter, the other big takeaway I got from this was like the newsletter based business model is alive and well. And I think

24:07
very underutilized. This is the nugget I think that I got out of it. One of the big things is that people still read newsletters. They don’t read email. They’re not looking at every promotional thing that ends up in their inbox, that kind of thing. Our friend Dana Johnzema started a newsletter, I don’t know, it was like a year ago or something. She doesn’t email very regularly, but when she emails,

24:36
Like when I see that in my inbox, I am excited. It’s the first thing I open in the morning. It’s the first thing I read. And I always share it with like three people. Right. Like the base on the content. And so I think if you want to put great content in an email newsletter, there’s still and Dana’s not monetizing or doing anything like that. But there’s still a ton of monetization opportunities for you. And I will I will say it’s probably on par with like

25:06
YouTube, right? As far as like your ability to grow it. Okay, I there that’s where that’s where you disagree. I you’re gonna disagree. That’s okay. can because I mean, then it’s just word of mouth versus like some gigantic engine that can instantly broadcast you to millions of people. Right? Yes. Like, my top YouTube video has some almost like 3 million views. How would I get that in a newsletter?

25:32
Well, you’re probably not going to get 3 million views on a newsletter, although there are people that have that many newsletter subscribers. I think as far as there being the opportunity, you and I both think that YouTube is like, you can still start a YouTube channel today, grow it and be rich. You know what I mean? I think you can still start a newsletter today, grow it and be rich. No, I agree with that.

26:00
That’s where I feel like the opportunity is the same versus if you want to start a website and just start blogging and just log in to the blog content, the opportunity is less.

26:13
Like if I wanted to do a newsletter really well, I would be forced to just take the content I’m putting in the video and write it in the newsletter in a creative way and tell the story. Yeah. so speaking of the great content. So Chanel did have some takeaways of like, is what is great content? Like what gets people to share your newsletter, subscribe, promote it to their friends, all that stuff. And it’s funny because this is like what we talk about all the time. So make money.

26:42
If you’re teaching people how to make money, people love that. If you’re teaching people how to save money, people like that. Even the old school people like Clark Howard and Dave Ramsey, people still like the money saving. One of the great newsletters I get every day is the points guy. He’s teaching you how to save money on travel, save time, which is where my newsletter would come in. I’m always trying to help people get more time back with money and time saving hacks.

27:10
to make them laugh, which is a big one. And not everybody has the ability to do that. Obviously, that’s a pretty tough one. And then to teach them something. So when they read it, they feel smarter. And I think that’s actually a big one, right? Because if people can read something and there was a guy, and I’m trying to think of what the newsletter was, that basically gives people like everything you need to know for the day, like the day or the week, like

27:39
It’s all from a like agnostic perspective. Like what are the sports highlights? What are the political highlights without like a spin on it? Right. What are you know, what is what is the you know, whatever what’s trending on TikTok, whatever you so you read this newsletter. Right. And I’ll have to figure out the name of it. I can’t think of it right now. It’s a popular one. They millions of subscribers. But basically, they’ve built their whole business on if you read us every morning.

28:05
It’s kind of like the old, once again, the old school, if you read the newspaper every morning. I totally get it. Yeah. So, you know, I’m just looking at my inbox and there’s actually very few newsletters that I actually read. The ones that I do, I read because they don’t have any other way of hearing from them. Yes. Yes. Which I think is key. So, for example, like this, I read Drew’s newsletter whenever, whenever it comes out.

28:34
Because he’s kind of a witty writer. He’s pretty good. But he doesn’t really have a website. He doesn’t have a channel. He doesn’t really have a podcast. if he did, I might not read it. Yeah. Yeah. No, I agree. OK, so the one newsletter that I was talking about was Morning Brew. Have you heard of that? Oh, yeah, of course. Of course. These guys are worth they sold, right? a huge sum. Yeah.

29:02
Basically, that’s one of those that makes you smarter. You get the morning brew and they spend a lot of time curating the content. This is a full-time job for people. This isn’t like, you’re going to do this on your side hustle kind of thing. I think it’s important to note that they do a really great job of breaking down information and giving it to people in a digestible manner. Once again, they use some tactics where like,

29:30
They incentivize people to subscribe and things like that early on, but now they don’t have to do anything really to incentivize people. It’s just people want to be on the list. I think what Chanel does can be done with very few people. mean, Chanel, basically it’s her and she has an assistant basically. Exactly. Yeah. As a side hustle. So she puts out really good researched content. Yeah.

29:55
And I think she only sends out email like once a week, right? Once a week. Yeah, once a week, which is pretty I think the morning brew does every day. like, realistically, you could do this once a week. I want to say that when I talked to Chanel at FinCon, she was telling me that it took her about 20 to 25 hours a week to curate all the content. Now, she’s writing thousands and thousands of word pieces of content. But yeah, I I think I think 20 hours a week is still a side hustle if you need it to be.

30:20
I mean, her content is very thorough. I would not be surprised that he spent she spends that much content time. Yeah. And it’s a post. It’s a blog post. Right. Yes. Yeah. Essentially. And then her newsletter is pretty witty, too, to guide people to that. Yes. Yeah. A post. Yeah. But I so I feel like this is something where if you’re not doing this right now, like you should probably if you’re if you’re creating content, right, you should figure out what the angle is for your business.

30:49
We always use Kevin in the podcast as an example. Kevin’s one of our students. He’s a tech security guy. He’s an IT, Yes. Internet security. I was trying to think of the buzzword for that. I think Kevin could put out an email once a week that’s the highlights of internet security, like hacks that happened, little tips. He could send out a morning brew, but in

31:19
IT world. I’m sure this newsletter exists. In fact, I think I saw an example of it at the summit. I would totally subscribe. Actually, this one does exist to an NBA digest. If you email me in the morning, give me all the games highlights, link to some ESPN clips, and I could get it all right there instead of having to click all around on my phone and go to different tabs and all that stuff, I would totally subscribe to that. I would share it with everybody in my life that likes basketball.

31:49
Actually, I belong to a newsletter like that in the tech world for all the latest, you know, consumer electronic stuff. Yeah. Yeah, I do open that one higher than average because I’m just curious. It’s my way of knowing what’s going on. He could totally pull that off. Absolutely. So, yeah. So I think that there’s still like such an opportunity here that people aren’t taking. I want to get to this one real quick before we have to wrap it up. There were a lot of good sessions. I will say every session I took at least one nugget.

32:18
There was one session by Steph Smith that basically talked about all the different ways to curate content now with AI. And not using AI to write the newsletter, but like how there are publications from the government and all these websites where you can go to and have AI, use AI to basically curate that content for you to use in your newsletter. So there were a lot of good like tricks. But I will say like probably my favorite talk was from Jay Klaus.

32:45
who I did not know before this event. He basically took everything that we see people floundering with and was like, here’s how you put it together. He talks about so many different platforms. There’s X, there’s threads, there’s what’s the new one? Bluebird, Blue Sky, something like that. There’s TikTok, there’s Instagram, there’s Facebook, there’s LinkedIn. No matter

33:14
If you’re listening to Chase Diamond, he’s like, get on LinkedIn, it’s the best way to grow your business. And if you talk to someone else, they’re like, get on TikTok. And you talk to the next person and they’re like, X is still where it’s at if you’re in this market or whatever. And he made a good point, which I think people really need to remember when they’re thinking about this, is that a lot of those platforms, especially TikTok, Instagram, Twitter, know, threads, whatever, that’s just the distribution.

33:42
Right? Like that just is where you’re going to put little teaser contents, but that should never be your platform. And we, I’m going to see this at the pet summit in a couple of weeks, right? People who’ve built their entire platform on TikTok or Instagram. And I get it. Like you’ve had videos hit on TikTok, right? And you’re just like, give me more, you know, cause it’s like that a hundred thousand views, things like that. But at the end of the day,

34:11
there’s really no way to monetize those people outside of the monetization inside the platform, which is generally pretty cruddy. Right. And so his whole point was figure out one of those platforms that you want to use. Right. Maybe it’s TikTok, maybe it’s Instagram, maybe it’s Twitter. Right. And I think that is very dependent on the type of content you’re creating. Right. Some content lends itself much better to

34:37
Instagram versus being on Twitter or something like that. And then only use that as your distribution method. want your whole goal of all that to bring people in to the newsletter. And if you can’t figure that out, you’re not going to be in that one percent, basically. His whole growth strategy is the one percent. If you can’t figure out how to get people in from

35:05
TikTok or Instagram or Facebook, you’re not going to really have a business that’s going to last you a long time. You and I both know that, right? We’ve seen so many things come and go, trends, Google updates. The one thing that really stays consistent is we can always communicate with people through our email newsletters. Always thinking about your owned platform as the biggest priority in your business.

35:35
and just thinking about those other platforms as just a way to get the word out about who you are, I think is a big mind shift for a lot of people. And actually in this talk that I’m gonna give in a couple weeks, I break down like how much does something cost you versus how much happiness does it bring you versus how much do you make? And I took some examples of like brand deals that I did in the past, right? And it’s like,

36:03
I did a brand deal, I made $5,000, right? How long did that brand deal take me? 20 hours, right? Between going back and forth with the brand, creating the content, making the brand approve of the, like, so it’s like, okay, 20 hours to make $5,000. That seems great until I realized that like, okay, well, what does it take to make $5,000 with the course?

36:28
to do one webinar for five hours total, like an all work, all in? Yes, I mean, sure, sure. I have tons of stories about brand deals where actually I’m in the midst of one right now where I thought it would go really smoothly, but it hasn’t. I’m thinking about just terminating the contract because I don’t care. but I think so many people get caught up in like

36:53
Oh, this is making me all this money without looking at the long-term and the back-end cost. We just see five figures. I’ve had brand deals for five figures, but when I look at the amount of work that I put in to make those five figures, was like, that was like a month of work versus, okay, we’ll take e-books. This is an older example, but I made five figures

37:21
on my e-books back in the day in a month. And the e-books maybe took me 10 hours total. And then they continue to make me money today and I haven’t done any work on them in years. So it’s like, I think the newsletter is kind of that same idea of, yes, if you want to sell ads and things like that in your newsletter, which I also think people don’t do, right? That’s correct. Yeah. I’ve been offered. I’ve never done it before.

37:47
Yes. We’ll probably end with this, but if you want to think about how to monetize a newsletter, there’s a couple ways to do it. One, using affiliate links, promoting products, promoting services, things like that. Just a straight-up affiliate play, obviously check with the programs to make sure linking a newsletter is acceptable. It’s not on Amazon, FYI. I was actually surprised at how many people I met at the conference that didn’t know that. Oh, really? They’ve been sending out?

38:16
Yes, I was like, they’ll let you get away with it a couple of times. Yeah. Until you make a lot of money and then they shut you down. don’t take all your money. Yeah. So it’s a great idea until it’s not. But then you can also just sell ad space within the newsletter. And there’s actually some like services that help you with this. I think is a Zoic one of them. I think they were at the event. You know, the newsletter platforms, I want to say beehive.

38:43
Has that built in and Kit has it built in. Kit has it too. I think Izoic is another one that allows you to sell ads. And actually, think Izoic actually, they sell the ad space. It’s almost like an ad network for your newsletter. Yeah, they were actually at the event, but every time I went by their table, no one was there. OK, because I wanted to find out. I was like, I think that’s what they were saying, but I’m not positive. So you can just sell ad space within the newsletter. And that’s probably the most

39:12
I kind of compared that to selling podcast advertising. You get a slot in the middle, at the bottom, at the top, whatever. Usually these are on contract terms. You’re to have a slot for six months. I put out a newsletter once a week. You pay X amount. It’s always based on the amount of subscribers and opens. You want to do the math on that. There wasn’t really a much talk of what the going rate is. I’m sure if you Googled it, you’d probably get some blog post articles on that.

39:41
Then the other monetization method is just to sell a blast, which would be the most expensive, the one that I would be the most cautious of because if you’re going to blast your whole list, that product or service better be so relevant to your people. think Chanel promoted this newsletter conference in her newsletter. They didn’t pay her to do this because I fully- I was like, they buy ad slots?

40:10
But people will buy ad slots. And for Chanel sending an email newsletter ad about an email newsletter conference to people who subscribe because they want to learn more about email newsletters makes 100 % sense. But if you send a blast out about a product or service that you use, you got a free printer. You use this printer with Bumblebee. If you were to send out a blast solely about the printer, you would lose a lot of people because

40:38
Well, it’s definitely an e-commerce based product. It’s not necessarily something that most of your audience is interested in. So the blast one is to me the least exciting. To me, the most exciting is selling the individual slots or just using your newsletter for affiliate. I mean, to me, almost like the newsletter has kind of replaced the blog. Mm hmm. Right. It’s written content.

41:04
people subscribed, just like the old days. Remember when people used to subscribe to blogs and the feed and everything? Yes. Things have just moved on. Yes. The hidden demographic of newsletters, we’ll leave you with this tip. The people that I met, I met several people at the event, the trend in newsletters is to baby boomers.

41:33
And if you think about this, it makes 100 % sense. I think about my mom, your mom. My mom reads everything. She opens every email. She’s very interested in anything that’s, she wants to know every detail of things. And so that’s very common in baby boomers. People ages probably 65, 70 and up. They’re retired. But most importantly, they all have money. So I met multiple people.

42:03
running newsletters to different baby boomer groups. One was travel-based, one was news and lifestyle, but to me, that’s the hidden opportunity because most people that get into this space are young go-getters and it’s like they’re not thinking about writing a newsletter to 75-year-olds. If you can do that, I don’t want to write a newsletter for my kids, they don’t have any money.

42:33
You know what I mean, though? Like, I’m not sending newsletters to Gen Z. They’re all broke. I even know how to do that. Yeah. So I do think, you know, if you’re thinking about this and you have an idea for the boomers, that is your opportunity. And that’s where I would chase the I would chase the shiny object. If you’ve got a baby boomer newsletter idea, I would run with it.

42:59
Hope you enjoyed this episode. I never thought about doing a local newsletter, but there’s definitely a need. For more information and resources, go to mywifequitterjob.com slash episode 585. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you want to hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to sellersummit.com.

43:28
And if you’re interested in starting your own e-commerce store, head on over to my wife, quitherjob.com and sign up for my free six day mini course. Just type in your email and I’ll send the course right away via email.

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584: Traditional Media Is Dying – Why Building An Audience Matters More than Ever

584: Traditional Media Is Dying - Why Owning Your Own Audience Matters More than Ever

In this episode, Toni and I discuss how traditional media is facing some major challenges and why it’s more important than ever to own your own audience.

We dive into the shift from mainstream outlets to personal platforms and why building a direct connection with your followers is key.

What You’ll Learn

  • Why traditional media is dying.
  • How to build a loyal audience that genuinely cares about what you share
  • How to leverage social media for greater engagement and reach

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. this episode, Tony and I dive into why traditional media is collapsing and why it’s great news for content creators. If you’ve ever thought about starting a podcast, YouTube channel or newsletter, now is the time to build your own platform and own your audience. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025 over at sellersummit.com.

00:30
and the prices are now going to go up every two weeks until the event starts. The Seller Summit is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business

00:57
entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet. I personally hate large events, so the seller’s summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past eight years. If you are an e-commerce entrepreneur making more than $250,000 or $1 million per year,

01:24
We also offer an exclusive mastermind experience with other top sellers. The Seller Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th. Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:47
Welcome to the My Wife, Quit or Job podcast. Today we’re gonna be talking about something surprising as I was just kind of browsing the web the other day and how badly traditional media is hurting and how much there is of an opportunity now for just individual content creators to get a lot of attention. Yeah, I mean, what were you just telling me that…

02:12
The regular TV doesn’t get any viewers anymore or network TV. article is dated just last week and MSNBC primetime only had 118,000 viewers age 25 to 54. But what is the viewership like 65 plus? I feel like it’s probably like five million. I don’t know. I think it’s the rest of it because they get like a million total viewers. OK, yeah.

02:39
And yes, I believe it is all people over the age of 54. Yeah. So everybody under 55 has sort of ditched traditional media. Which is I was just looking at that number and I was shocked because I have a whole bunch of YouTube videos that get more than that. You know what saying? No, that’s you know, it’s interesting. And we we try to avoid talking about politics here on the podcast. But I do think that that was something very smart that the Trump

03:08
team did for the election as a, he did the traditional media route, right? He did all that. But what he also did was he hit up all of those podcasters, right? Joe Rogan, Theo Von, all those guys who have massive audiences and he put himself out there in the non-traditional media. And I do think that helped his brand, right? Like him or hate him, it’s just a media strategy. And I think

03:35
the more any brand starts realizing that there’s been this like fundamental shift, the quicker you’re gonna be able to recover probably what you’ve been losing from that. Yeah, you know, it’s funny because I have conversations with my mom all the time and she just religiously leaves MSNBC on like all day long. Yes. So I and you know, we’re not gonna get political, but I do chat with my mom all the time. But I was just surprised at how low the numbers were.

04:03
I’m not only because, well partly because I live in a house with millennials and Gen Zers, right? And then I guess I do I have one Gen Alpha? I don’t know. She’s 15. So is she, I don’t know what the cutoffs are. But just watching the way my kids 30 and under consume media and all their friends, it’s just so completely different than how I consume media.

04:32
but also like how I think a lot of people who are in the 50, know, the older generation, right? There is such a huge shift, a split, right? A split between like one world and another world. And I think if you are a brand or a business, no matter how big or small, if you don’t start getting on the, you know, 55 and below train, as far as how you’re gonna reach people, you’re gonna lose out and you’re gonna waste your dollars, right? That’s the other thing.

04:57
It’s not just about not being able to reach people. You’re going to waste money on how you spent, know, on what you spend. Here’s what I just don’t get. Like I can get one hundred and eighteen thousand viewers on one YouTube video and I just have a camera. Right. But then these studios, they have a lot of they’re paying all these people, newscasters, they have a lot of money. Right. So I don’t see how it’s sustainable. Well, so I don’t think it is.

05:25
And have you noticed this is the other reason why I noticed the shift is whenever TikTok went to longer video content on on their, you know, being able to put more than like 60 seconds on TikTok and then it went to three and then it went to 10. I noticed that all of the news networks were basically publishing on TikTok, right? Like they were putting full news segments on TikTok every single day. Like they clearly have a full time team working.

05:54
that angle, right? Because they’ve realized that that’s where people are consuming their content. In fact, we just had another plane incident this week. And I don’t know if you saw in the news. I did. I don’t know. I don’t know. I don’t ever turn on the TV. But what I have found is when I see or hear a piece of content news.

06:16
Normally like my old self would have been like, oh, let me pull up cnn.com or foxnews.com or let me pull up like a news channel to see like what the reporting is. Heck no, I went to TikTok and searched Delta flight, right? because I knew and here’s what’s funny is you get all these like random people who are like posting, right? But all of the news outlets are also publishing on TikTok all of the information. And I feel like with TikTok you get the information even faster.

06:42
And I think that’s what society has realized is like the one everyone wants everything immediately, right? They don’t want to wait for anything. They don’t want to wait for production. They don’t want to wait for any of that. And because of that, like these channels can just set up on TikTok and go very quickly with the information. And I think that’s where people are consuming it. Yeah. So there’s a reason why I brought this all up. The other thing, here’s just another step before we get into the rest of it. Eighty three percent of Gen Z ears watch podcasts on video.

07:12
Yes. And I just read another article where these are all kind of recent articles, although, you know, if you’ve been in the community, people have been chattering about this for a long time. But YouTube basically has started dominating podcasting as a result of it. know, me, we just did this episode on podcasting, which I don’t know if I published actually just yet, but I’d been down on podcasting for a long time. Yes. Like I have been putting I’ve been deemphasizing my podcast over the years.

07:42
because just the growth trajectory is just so slow, mainly because Apple has done a horrible job of promoting podcasts. And Spotify is a little better, but it’s still not that great. Also, the search feature stinks. there’s just, yeah, there’s a lot of negatives with Apple, for sure. Yeah. But so that’s why I’ve been de-emphasizing it. In fact, you know, as soon as I was done with the book, I was burnt out on podcasting because I did so much promotion through it and whatnot.

08:12
But then now that I’ve read all these statistics and how everyone has a video podcast and I just didn’t realize the consumption of it, I’m back on the podcasting bandwagon. In fact, so we’re gonna turn My Wife Quit Her Job into a video podcast to be launched pretty soon. And then I just upgraded to 4K. And know people listening to this are like, oh my God, you should have upgraded to 4K a long time ago. Or we don’t wanna see you in 4K, one of the two.

08:41
Well, the thing is, I’ve been doing fine with my old camera, right? So I didn’t really see the point. But I thought it was time. So just since we’re turning this into a video podcast, does that mean that I get to buy a couch for my office and I can sit on my couch and with a blanket like all these podcasters do and with my cup of tea and talk? Or we’re not doing that? You could.

09:09
I don’t know. My background isn’t all that great, but I don’t think it really matters. So what’s so interesting. So I’m actually curious how the My Wife Quit Her Job YouTube podcast, I don’t know the correct way to term it, name it. Like when you have a guest on or if I’m on with you, which I know I’m on once a week and then I know you still have guests. Yeah. How will it be when it’s just you? how? Because to me, when I see video podcasts, which that’s

09:37
Primarily how, unless I’m in the car, I consume podcasts usually on YouTube. It’s always two people talking, sometimes three. There’s always this group factor, which I do think makes the video more interesting because you see reactions, you see there’s a back and forth. I’m curious. I don’t actually think I’ve ever seen a single person podcast video. It’s because I’m not looking. I’m not doing solo episodes on my wife, CritterJaw podcast. Not doing any?

10:06
Well, no, because the solo episodes are YouTube videos that go on the main channel. Oh, so those will those won’t be with a microphone in front of you and they won’t be set up like that. That’s correct. Yeah. Yeah. That’s what I was curious about, because I just haven’t seen that. So I wonder how I think one of the reasons why it works on video is because there’s always two people or more. Actually, the way I’ve been doing it now is if I have a good hit on YouTube, it actually goes on the podcast. OK. But I record a separate intro for it.

10:36
and then another lead in. then I, there’s this process where I use AI software to just make it so that the, you know, the, you know how the environment is different on YouTube versus this mic. So I have this AI thing go and make it sound reasonably similar. Okay. And then I posted on the podcast. So, cause you know, I mean, I’m going to be straight up with everyone listening. Like the podcast has not grown that much over the years. And I think I was just late.

11:04
to this YouTube thing because it’s a lot of work actually to edit a YouTube podcast, right? We’ve, so, I mean, you’re late. We’ve talked about doing this for like two years. So we knew it was coming. wasn’t like you were late. You were just a late adopter of it, I think. I think I’m always a late adopter to everything, to be honest with you. So right now I’m at, we’re at different stages of life, I feel like. Right now, like I…

11:33
need to be there for my teenagers, especially right now when they’re applying to colleges and whatnot. So I’ve dialed a lot of things back as of late, whereas I think you’re the opposite. Your kids are pretty much adults now for the most part. I still have one, but yeah. Yeah. And so you’re more gung-ho about everything. So I needed to wait for that moment where there was an easy, automated way of doing it.

11:57
And just recently I found this software that makes editing podcasts a lot easier, pretty much automated, almost automated, should say. 80%. about it. Let’s talk. Cause I know people are going to ask, so we got to talk about it. Yeah. So it’s basically this plugin called autopod that hooks onto Adobe premiere. Okay. And it basically does all of the jump cuts. Okay. Like with the speakers and it eliminates dead, dead space too, which is like.

12:25
Probably 80, 75, 80 % of the editing of a podcast episode, right? What makes these so difficult is that podcast episodes are long. Ours are about 40 to 50 minutes. I think about how long it takes to edit a YouTube video right now. It’s probably like three hours for a 10 minute video. If we were to edit the same level as a regular YouTube video for a podcast, that would take days, which isn’t feasible.

12:54
I think the most important part is to just get it up on there. And I’ve been watching a lot of video podcasts lately. They’re not doing anything fancy. Really, they’re just panning the camera back and forth. Right? And doing a little bit of zoom action occasionally. Yeah. That’s it. So how much does this tool cost? It is, I believe, $30 a month. OK, so you have to have Adobe Premiere. You have to have Adobe Premiere license, too. Yeah. Which? And that costs whatever it costs. Yeah, I was going to say, I don’t.

13:24
Are you still using your 2009 Adobe? No, you have to use the latest. Okay. That’s the other caveat there. Yeah, let’s be honest about the pricing for people. Come on. Yeah, no, it ends up being… I can’t remember how much Adobe… I mean, everyone pays different for Adobe, but let’s just it all in like 80 bucks. But if the plugin gets you 80 % of the way there with…

13:53
removing the dead space, cuts, things like that. That’s a huge time savings because if your podcast is 40 minutes, and what did you say, 10 minutes per minute of video to edit is about It’s about three hours for 10 minutes for my editor who’s doing all the captions and everything too. We’re talking that one podcast could take 10 hours. Oh, easily. More than that.

14:18
So to take 80 % of that off and then maybe now it’s only going to take you two hours, that’s a pretty big savings. It’s like that’s worth the $30 a month for sure. Yeah. So all this is just conjecture right now because we literally just got the thing working. Yes. Two days ago. And so we’re working on just like the first episode right now. It’s not conjecture, though, because we we already know it works. You waited long enough. So now we know that people are doing it and they’re successful. We’re talking about the time to edit.

14:47
Oh, time to edit. I thought you were going conjecture. Yeah. Because the tool, like we literally just got out of working a couple of days ago. Yeah. When I texted you about it. Oh, gotcha. OK. Yeah. I see what you’re saying. So, yeah, OK. So that’s that’s a plus. I think the other plus about video podcasting is that your watch time is going to be longer. Yes. Because even if your podcast is 30 minutes.

15:10
Chances are people are probably having it on in the background listening, right? They’re probably doing other things. I don’t think many people just sit in front of their computer like a TV and watch a podcast. I feel like it’s on, they’re watching it sort of, but they’re also doing other things. So you’re gonna get those watch hours up pretty significantly just from the fact that people will probably listen all the way through or at least 50 % unless your podcast is really boring.

15:40
So what are the tricks are we gonna employ to keep people listening? I have no idea. Let’s just go in baby steps. Baby steps is to get it up there. Yeah. And the problem is, like, you know, I’m trying to take away things off my plate, but I just added a couple things on. One of the other reasons why I bought my 4K camera is because I’m going to be filming videos for Bumblebee. I already have six scripts and I bought a green screen. I had to actually buy a whole bunch of new equipment because I got

16:08
up to 4K, like my SD card didn’t work anymore. My computer can’t read the higher SD card speeds. whole bunch of stuff I just bought like relatively recently. It all arrived yesterday. Okay. We should have done an unboxing. What are you talking about? I mean, it’s not that exciting. The camera looks the same. It’s just, I don’t know. I feel like for people listening, they’re like, Oh my God, Steve, you’re just jumping on the 4K bandwagon. I don’t do things unless I feel it’s necessary. Yes, that’s true.

16:37
I mean, I’ve gotten to 400 and I don’t know how many 400,000 subscribers. I don’t know how many I have right this second with just 1080p, right? Yeah. On the belief that video quality isn’t as important as audio quality, which I still believe is true. Right. So now here’s my next question. So are you going to use the 4K camera to record our podcast? No, unless you buy a 4K camera. Well, that’s what I’m saying. If you’re going do that, then I got it because I’m just using my Logitech webcam.

17:07
I think 1080p is good enough. And ironically, right now, we haven’t switched over, I don’t think. So all of our old episodes are not going to, like the quality isn’t good. I don’t think people will notice, to be honest with you. Unless they’re watching on a gigantic screen TV. I don’t think people are to notice. they don’t. That’s a terrible But yes, we are going to definitely move this to 1080p. I don’t think we can do 4K because.

17:34
At least not yet. I don’t know if our plan allows it yet, but I don’t think it’s that important, to be honest with you. Yeah, I don’t either. Especially because we don’t have a backdrop or anything. This isn’t like a… We’re not in a living room. Yeah. Actually, I did a whole bunch of research also on the editing of it because the file sizes are so much larger. Yeah. But my camera has a feature. And again, people listen to this probably like, oh my God, this has been around forever. But the camera will record two streams at the same time, one at 4K and one at a very reduced quality with the same file name.

18:03
So you edit the one that’s lower quality and then you just splice in the one that’s higher quality at the end. Cause it’s identical. Okay. It’s interesting. So the editing is not a problem either. Anyway, so that’s what’s been going on. And then I, I just been reading all these stats on, you know, I used to want to be on TV so bad when I was younger. You know what I mean? Yeah. Yeah.

18:31
And whenever I did get on TV, which I did for the book and whatnot, I was always really excited. But now I’m not that excited anymore about TV because I just didn’t realize how low the viewership is. It’s ridiculously low. So what’s so interesting about this is I think when we all started out as bloggers, right, we all like getting on the news or getting featured in some, you know, usually it was like print magazines, right? Like that was such a big deal. And I remember I got on several news shows. I did Clark Howard and like my website.

19:01
crashed every time I even though we like tried to make sure it wouldn’t crash they crashed But nowadays I feel like you could probably get on any news show and you your website would handle it just fine However, I think if you got on someone’s YouTube right or you did like I think it’s completely reversed now It’s more about getting on someone who has a huge following like I think about I think about we talked about AJ a lot lately, but you know, he’s

19:30
he’s the bring the boom and they you know they built a big following but then he partnered with Mr Beast. So I can only imagine like when you partner with Mr Beach who is the largest influencer in the world right like he has the biggest following like what is that doing right to your channels you’re gonna see a boost because as soon as he did Mr Beast I saw him get all these other opportunities like he was at the Super Bowl he was at the World Series like he was doing all these things and so

19:57
Before it was like, if I can just get on, I remember I got on ABC Nightly News and I was so excited. It was like a decent segment and it did, it boosted, I got great boost from it, right? But today I feel like, like that would never occur to me to get on ABC Nightly News. I would much rather get on Jamerrill’s YouTube channel, right? Her large family cooking or do a guest, did Grant Cardone. Didn’t he do a, like a spinoff piece about you, about your millennial money thing? Oh, you’re talking about Graham Stephan. Graham Stephan, yes. Why did I take Grant Cardone?

20:26
Graham Stephan did the spinoff piece for you. Like to me, that’s a bigger win than getting on TV at this point.

20:37
I just wanted to take a moment to tell you about a free resource that I offer on my website that you may not be aware of. If you are interested in starting your own online store, I put together a comprehensive six-day mini course on how to get started in ecommerce that you should all check out. It contains both video and text-based tutorials that go over the entire process of finding products to sell all the way to getting your first sales online. Now this course is free and can be obtained at mywifequitterjob.com slash free.

21:06
just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

21:17
I mean, totally. mean, we’re talking about one hundred and twenty thousand people, right? Right. Versus. One hundred and twenty thousand people. And probably most of those are forty five and above, so they don’t know how to punch in the URL. Exactly. And meanwhile, like Mr. Beast, posts a video that gets tens of millions of views. Right. Right. It’s not even a contest. Yeah, it’s just it’s crazy to me how if it’s not been quick, but it feels quick. I mean, here’s the other article I read, and this is

21:45
This one was late 2024, so it’s slightly older, but all the big media outlets are actually trying to partner with the individual influencers now and not the other way around. I feel like they need us now as opposed to the other way around. The power has shifted. Go content creators. This is all to say that I think you need to be creating content today. No matter what type of business that you run. This is why I’m doing that Bumblebee Linens YouTube.

22:15
kicking and screaming. just needs to be done, finally. I’ve been dragging about, how long I’ve been talking about it, two years? It’s been longer than that. I feel like I do. think you’ve been seriously talking about it for two years, but we’ve been talking about this for significantly longer. But then that leads me to this question, right? If you’re a brand, big or small, right? Maybe you’re just starting an e-commerce store. That seems overwhelming.

22:43
It seemed hard enough to get on traditional media, right? Like have the Today Show feature your you had the Today Show feature your hankies at some point, your linens. You know, that always seemed really overwhelming. Like how do I get a spot on there? How do I get on Rachel Ray? Or how do I get on, you know, whatever the talk show was at the time? That was a big deal. But you kind of knew if you got a publicist and you’re willing to pay to play, you could usually get, know, you could get yourself. And once you got the first one, you get, know, you get subsequent deals usually with with traditional media.

23:13
So my question is, now that the game has completely changed, how does a brand like Bumblebee hack the system? How do you figure out how to become something that the content people want to consume? I mean, that’s the challenging part. And let me just first say this. If you’re an e-commerce store, you don’t need content to hit seven figures. Practically everyone I know, I would say 90 %

23:41
they just can hit that point just on ads alone. It’s if you want more effortless sales, where you’re not paying for organic sales, that’s where content has always been the play. And when we started Bumblebee back in 2007, can you believe it’s been 18 years now? That’s crazy. It was all based on SEO and blogging. We put out content and that’s what attracted people to the store. But now that blogging is, I don’t want to say dead,

24:10
but it’s not really where the Gen Z-ers are consuming content. The older generation is still consuming content there, which fortunately Bumblebee Linens skews older. if you want the Gen Z-ers and the younger folk, you’re going to need to start creating content to get organic traffic in the places that they’re consuming content, which is right now short form video and YouTube.

24:36
I lost track of your question. I went on this tangent. It was the bumblebee linen strategy, right? Yeah. how is specifically Bumblebee going to do that? So this is just something that I’ve learned over the years running my YouTube channel is that people just like stories. Like that’s really the secret of content telling stories. So my idea for Bumblebee, and this has actually been kind of hard to execute.

25:04
Just because I’ve had to comb through tons of testimonials and whatever but I’m gonna just tell the stories of my customers and we just happen to be in a good niche where people are getting married so there’s always some sort of love story behind it and In my mind since I haven’t published anything yet in my mind. I have this vision of like telling these love stories We’ll see how it by Steve. We’ll see how it gets executed right where I’m not really mentioning I mean I’ll mention the product

25:33
but really it’s just the personalization of the product that I’m already focusing on and then the story behind the personalization. Yeah, so that’s, guess, my other question because I see this a lot with e-commerce stores. You are not the face of Bumblebee, right? And you don’t want to be. And there’s a lot of people out there who sell products where they should not be the face of the company.

26:01
So how do companies like that storytell and create this content when they are probably not able to talk about it in a really authentic way? Because they might be passionate about the business, they’re not into yo-yoing, right? Or whatever, they’re not, like think about Lars, right? He sold yo-yos, he sold gardens. He was actually kind of into gardening, I think. But if you are like, have a black thumb,

26:26
but you sell gardening supplies and tools? It doesn’t mean that you can’t create the content, but how do you do that if you or yourself are not a gardener? I mean, this isn’t an unusual problem. Let’s take Ezra, for example. He’s hired people to be spokespersons, because Ezra is not going to be there talking about new age beauty products. And arguably, I shouldn’t be the one doing these videos either. But my wife’s not going to do them.

26:55
She just, you know, she doesn’t want to to create videos, which is understandable. Not everyone wants to create these videos. So if I’m able to get any traction, that’s just going to show that a middle aged Chinese dude can can do this and which pretty much means that anyone can do it. Right. Yeah. So one idea that I actually came up with this morning. So we were I was actually interviewing somebody for a job and some of the job is in social media. But.

27:24
As I was interviewing them, I realized that they probably weren’t the person that needed to be creating the reels. So I was interviewing someone for a social media position and I realized during the interview that while they might be great creating the social media, like strategy and things like that, that they weren’t the person that would be like great on reels. They wouldn’t be the person creating the content. And as we were brainstorming after the interview of, okay, so this person is probably not the best person to do reels.

27:52
Like what do we do to fill that void, right? And the idea that we came up with was typically, if you create a product that, I don’t know, like even hankies for example, right? There are probably people out there who are creating video content about your products to use their affiliate links, right? Or to promote. And so the idea that we came up with was why don’t we hire somebody

28:18
who’s already making content about us using their affiliate link and pay them to create content that we can use on social media. So we would own the content. We would just pay them to be a content creator. And then it hit me that we know someone who’s been doing this for a long time and that’s Andy who creates Instagram and TikTok content for financial bloggers, right? So he basically has built a whole part of his business on being the personality or the face

28:47
for other brands and creating that content. So I think that is one thing that you can do and if you have people already creating content about your products or posting on social, making YouTube content, those would be the first people I ask. Because they’re probably happy, like usually those people do not want a full-time job. They’re just trying to do a side hustle. And so if you said, hey, yeah, you’re making some affiliate money from talking about our products, but what if you could make like an hourly, like what if we pay you $100 video or whatever it is, right, depending on what you’re asking them to do.

29:17
That’s one way you can get somebody to be the face of your brand without you having to do it. And their level of talent and ability might vary, right? So they might, you might need to give them a script. They might come up with a script. know Andy creates his own, he creates the scripts. He does like the whole thing, right? The scripting, the editing, the filming. Andy by the way? Do I know this person? Yes, marriage and money Andy. Oh, yeah, okay. So he creates content for Robert Farrington, college investor and a couple other people.

29:46
So like there are people out there where they maybe don’t want to be a brand themselves, but they are more than happy to do that video content for you. And this is not like you’re not paying thousands and thousands of dollars, especially if you’re just making reels and TikToks, right? We’re talking about short form content. And I would start with people that might be your customers already that are already making that content. And a lot of brands already have people making content organically for them.

30:14
Why not just approach them and say, hey, I want to hire you. All right. So here’s my future plan. I might consider using AI avatars. I showed you that one, OK, you fooled me with that. Right, because it’s so good. The avatars are so good now because I actually have a YouTube video coming out about this, but I started using these for ads where you can just get an AI avatar. These are actually humans.

30:41
that have gone through the whole process of deep fake, I guess. So basically you can put whatever words in So it’s really a human on the video. Well, mean, was created, the avatar was created by a real human. See, these are real people. It’s not like a completely human, artificially generated person. It’s actually a real person who’s probably gone through and trained the model to be them. And that’s why it works so much better than these completely artificially generated models.

31:11
Yeah. And so you can have it say whatever you want. And it is very effective. So. You know, right, it’s it’s pretty inexpensive, too. So in theory, you can just get a script, have an A.I. avatar, read it and then you do the rest of it like the B roll and whatnot for your. Do you know anybody who’s doing this right now? Well, I mean, if you look at it, there’s tons of A.I. on Tick Tock already.

31:41
Right, right. And I know for a fact that some of these YouTube ads I’ve been seeing, like there’s this one where this guy comes, I don’t know, you probably don’t get this ad because we have different content, but this guy comes on. says, I’m the only one who reveals all of my trades to the public stock trades. Okay. Okay. And the only reason I know that’s fake is because I got another video from a different guy, same company that said the exact same words.

32:09
So the guy’s just sitting on a couch, different avatar, different avatar. He’s just sitting on the couch, not moving and saying these things. Like if there’s lots of motion, that’s a little harder to, you know, but so it’s already happening. That makes me nervous. It’s already happening. I know what’s happening in the ad space big time. Yeah. Right. But whether you can create a full length YouTube video on it, it doesn’t need to be full length. It’s like a minute. You can easily get away with it. Yeah.

32:39
So someone like me who, like going out and paying someone to create a video sounds intimidating to me. Really? Someone who’s already creating content for you, Yeah. I don’t question the quality and whatnot, but just the act of getting down, talking to someone, negotiating a rate, and then having to approve. When I do a sponsored video, there’s a lot of back and forth, and that’s energy. And you know me. I don’t like that part.

33:09
about it. No, I know. Yeah. I’d rather just someone throwing the video, say, hey, just do whatever you want. You have creative direction and whatnot. Well, that’s why I think someone like Andy is such a good find for people is that if you can find someone that already is like very into your brand or aligned with your brand, maybe they’re already making content about it. I think Andy has a lot of creative freedom. I don’t think there’s a lot of back and forth. Right. I think it’s basically like we’re paying you per video. We want three a week. Have fun. Right.

33:36
I don’t know the exact specifics of their deal, obviously, but that’s what I assume it is based on just conversations that I’ve had and people that I know have done it with other people. It’s kind of like back when I hired all the writers. I hired my readers, right? I hired the people that were most aligned with my brand. And obviously, you know, came with some good and bad because, you know, initially some of the photos were terrible. Like I’ve paid to have photos retaken and things like that of stuff. So, you know, that’s not

34:05
necessarily always going to work out amazing, but it’s definitely the best way to find someone that aligns with your brand. And if you can get like one person that’s like your committed person to do it, there’s a lot less of that back and forth. Whereas I can generate five AI videos in like 30 minutes or so. Yeah. But will they work is my question. Well, if it’s good enough, then it will work. Right. Well, because I fooled you for a 30 second. What was it?

34:34
I can’t remember You fooled me that it wasn’t real, yes, but did you fool me to buy your brand? Those are two very different things. To me, one of the reasons why video is so powerful, and I’ll probably be eating my words. In one year, we will be playing this little clip in our video podcast of me completely being wrong. One of the reasons why video is so powerful is because you feel like you connect with the person. People adore Mr. Beast or they hate him.

35:02
I remember like a couple years ago all my nephew wanted for Christmas was Mr. Beef’s beast merch Right and I’m like so I you really want me to buy a sweatshirt from a tick to our youtuber like this is ridiculous Right, but it’s like so if mr. Beast was an AI generated thing Like would people connect with him on the same level? I don’t know. Well, that’s already taken place, right? You’ve seen those AI Instagram Like this article is pretty old but this AI Instagram person had millions of

35:32
millions of followers. I think this is happening in Japan. Of course. You’re old enough to remember this. Remember Max Headroom? Yes. He was the first AI-generated avatar. Everyone listening is like, who the hell is Max Headroom? It’s so true. It’s already happening. This isn’t new. I just wonder, will the level of connection be the same? That’s my question. Not does it work? It’ll work, but will you be able to drive the same type of engagement?

36:01
I have no idea. mean, it’s ultimately the words that are coming out of the mouth that someone has to generate that’s causing the connection, right? In a way. But part of it’s the… I actually… I think it’s crazy that you’re going to do this for Bumblebee a little bit. Like that you’re going to read love stories about people, right? It’s not a love story. It’s just like… I like hearing these, right? Like first thing that I usually ask someone is, how did you get together? Yes.

36:29
It’s just a story of how did you get together? Yes. But I think… It’s not like a romance novel. Her soft velvety flesh. I’ll sign up for it. I’ll watch it. Sign me up. what… Now I’m never going to get that out of my head. But I do think there will be something endearing about you telling the stories. Like, I think that there…

36:56
I think it’s crazy in a way, but I also think it’s endearing. I think people will connect with that. Like, oh, here’s this guy. He loves these stories. It’s only because I know you very personally that I think it’s funnier because you’re so matter of fact about so many things in your life. I’ve decided to get a 4K camera after 14 spreadsheets and deliberations.

37:22
Like that’s why I think I think there’s the angle to it that makes it fun and interesting Right if it’s just an AI avatar telling the story. I don’t think it’s as interesting. I think it’s more interesting with you But it could be that I have a bias because I know you right so there’s like all these factors that play in I’m worried about it because I’m Asian actually if I was and it’s hard for me to say this but you know right now there’s you know, we’re in a trade war and

37:52
Yeah, I’m just worried about like all the negative effects, but hey, something’s got to be done. I mean, you can put now you’ve been putting out YouTube content, though, for. Oh, did you know yesterday I meant to screenshot you yesterday was your YouTube anniversary. Oh, was it? Yeah. How did you know that? Because I got I got a Facebook note of memory. Hold on. I took a photo of it I meant to text you and then I got OK on this day five years ago. This is from yesterday.

38:19
I launched my YouTube channel today and to commemorate the occasion, I’m running a huge giveaway. See, you can see it. Oh, wow. OK. Yeah, there it is. Five years ago to the day. Yeah, yesterday, February 18th, 2020. So right before you launched, right before the pandemic during covid, right? Right before the 18th. So we didn’t know it was coming. Yep. So anyway, so I’m saying you’ve been doing this for five years as a Chinese guy. You’ve survived. That’s correct. But I’m not selling hankies either.

38:49
You’re selling dreams. people in the South. I’ll be interested. I’ll be interested to see. I think if you can make this work for Bumblebee, this is going to be a game changer for people in e-commerce for you to be able to teach how to do this. You can’t really. I don’t know. It’s going to be hard to teach this stuff. Everyone has their own thing. I’m not the only one creating content, obviously. There’s so many e-commerce brands creating content.

39:18
You just have to find your thing. Right. Like we talked about the I forgot the brand now, but they sell Katana blades. Yes. And their videos are just like a bunch of young kids, like chopping things up with a sword. Right. Yes. And that works. Yeah. I mean, it just totally depends on your brand and the type of people that you attract. But yes. But I think that the Katana people, right. Like it’s interesting to watch. mean, who doesn’t like watching a watermelon get chopped in half? Like that’s entertaining.

39:48
Eric from Beardbrand. That’s interesting content, right? All the guys on their page are hot and have gray beards. It’s like, okay, clearly there’s a reason why people are watching this. But for you to come on and be like, I’m a middle-aged Chinese guy that sells hankies, here’s how I had a content win. I think that’s the game changer for people. So it’s helping people that are like, I sell sprinkler parts or I sell doorknobs or you

40:17
these really mundane or like mostly uninteresting types of products, like how do you take those products and make really interesting content out of it? And so what I’m saying is if you can make it work for Bumblebee, I think it’s gonna inspire a lot of people to try it as well. I mean, in the back of my mind, I know this is gonna work. It’s just to what level is it gonna work and whether the vision that I have in my head will actually work because I have doubts on that.

40:46
Because I don’t want people just watching me like ideally my head is just a very teeny percentage of the video Yeah, which means I need imagery I need b-roll and fortunately, we’re just living in this age AI where I can actually have cartoon Photos of this person like I have no idea what these customers look like I literally have no idea what they look like I want to keep everything completely anonymous to in case I offend someone right, right

41:14
But I’ve already added to the autoresponder sequence, like tell me the story. And what I’m going to do actually is I’m going to send out these stories, if I’m happy with them, to actual customers, right? As just like a sample, like, hey, you know, here are just some love, you know, relationship stories from the people who’ve bought. And hopefully that’ll create some sort of, I guess, traction with the customers and make this, make them remember our story even more. Yeah. Right. Because we’re telling these stories and maybe they’ll want to come on. Yeah. You know, and submit their story. Yeah.

41:44
It’s fundamentally sound, I think the strategy. It’s all an execution play and whether I can pull it off or not, I’m not positive actually. So like these first set of videos are horrible, then I’m probably not going to publish them. But after a couple of iterations and whatnot, I’m sure we can find something. The hard part will be whether it can be low energy. What you’re like, what? I just think that in general, creating

42:13
video content is not low energy. Can it be streamlined? Yes. Can you create a process? Yes. Can you make it efficient? Sure. Is it ever going to be low energy? Probably not, because to me, content requires energy, especially video This is what I mean by that. I want to be able to just write the script, record my part, throw it over, and have the video ready. That’s what I mean by low energy.

42:39
I can’t be getting involved in creating the AI imagery and the editing and all that stuff. to get too far in the weeds, but is your VA going to create the AI imagery? So that’s the part that I need to figure out. It’s all work in progress. Well, we’ll see how it goes. Okay. But let’s end it talking a little, circling back to the video podcast. When is this going to be live, Steve? I have no idea.

43:07
I really have no idea, but it’s on the priority list now. Once it’s made my to-do list, it’s going to happen. Will people be able to watch the full podcast on YouTube? It’ll be the full podcast. Okay. It’ll be the full podcast. get to see how many times I roll my eyes at you, yawn, all that will now be public to the world.

43:29
You’ll notice that in the earlier episodes, Toni just comes in rolling out of bed practically, but now she’s going to start looking much better because it’s going to be a video podcast. I’m like, dang it. Because of this, actually, I’ve shifted all my recording to Wednesdays now. I’m about to record a laundry video right after this. A riveting video on laundry. That will be. There’s a lot of things to figure out still, but-

43:57
If you guys are listening to this, it’ll be very obvious when we launch, because we’re going to launch with a contest and a whole bunch of other things too.

44:05
Hope you enjoyed this episode. To think that some of my videos on YouTube get more views than primetime news is shocking to me. For more information and resources, go to mywifequitterjob.com slash episode 584. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you want to hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to sellersummit.com.

44:35
And if you’re interested in starting your own e-commerce store, head on over to my wife, quitherjob.com and sign up for my free six day mini course. Just type in your email and I’ll send the course right away via email.

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583: Google’s Algorithm Update DESTROYED Affiliate Sites… Now What?

583: Google’s Algorithm Update DESTROYED Affiliate Sites… Now What?

In this episode, Toni and I discuss how Google’s latest algorithm update has shaken up the affiliate marketing world, leaving many sites in the dust.

We’ll cover what this means for content creators and how to bounce back stronger than ever.

So if you’re feeling the impact or just curious about the buzz, listen in!

What You’ll Learn

  • What the algorithm update really changed and why it matters to you
  • Tips on how to adapt your strategies to stay relevant
  • What you should be doing instead of blogging

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. In this episode, Tony and I dive into the state of affiliate marketing and whether it’s still a viable business model today, especially in light of Google’s latest algorithm updates. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025 over at sellersummit.com and the prices are now going to go up every two weeks until the event starts. The Seller Summit

00:29
is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet.

00:59
I personally hate large events, so the Seller’s Summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past 8 years. If you are an ecommerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers. The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th.

01:28
Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:42
Welcome to the My Wife, Quit or Job podcast. Today we’re going to talk about affiliate marketing in today’s age where people are putting out less content, especially on blogs. Yeah, I’m cheating with this one because I’m actually on an affiliate marketing panel in a couple of months, actually next month. Oh at the Pet Summit. At the Pet Summit. Yeah. And it was funny because we had a little meeting yesterday to talk about what we were, you know, kind of the structure of the panel. As you know, I’m not a panel fan because I feel like

02:12
people don’t learn anything, but we wanted this panel to be really educational for the attendees. And so we basically walked through a strategy of what we wanted to talk about. And as we were doing that, we all had very strong views on how to best make affiliate marketing work for you. And I think you still can. I think this is actually still really lucrative. And the exciting part is, and we’ve said this a lot, you don’t have to have a ton of traffic to make affiliate marketing work on any platform, YouTube.

02:42
Instagram, TikTok, blog. It’s not always about being in the millions of views. Yeah, you know what? Usually before we record, I go and I Google to see what like the latest current events are. And I’ve just noticed recently that there’s hardly any content out there except from like the larger sites. All the smaller independent blogs aren’t really putting out content anymore. And if they are, it’s all kind of like the AI generated stuff.

03:11
I feel like all these Google changes in the past couple of years have really decimated the entire blogging community to the point where at some point AI is not going have any content or to digest. That’s what I wondered that last year. I think we probably talked about it on the podcast. If everyone stops creating content, then where does the content come from? People are still putting out YouTube content and short form content.

03:39
The whole blogosphere, I feel like, is just going away. Let’s start with blogging. Let’s start with that as the first bucket. I think if you have a blog right now and you’ve had one for a while, I wouldn’t stop creating content and I wouldn’t stop using affiliate links. I just think you have to be more strategic about how you’re using them and also integrating other

04:08
mediums with the blog. So for example, let’s just we’ll do we’ll do one of yours and one of mine. So let’s just say vacuums, right? I love to talk about affiliates for vacuums because I buy a vacuum every year. And, before I could just write a post and include a link to a vacuum. And, you know, that would be it. Right. And people would click on it and I’d make money. But today, that’s not that’s not going to work. Right. So one thing you can do with the blog is

04:35
you know, not just write a post, but I’m gonna embed a video of me using like two or three vacuums and I’m gonna show you like how I empty my Dyson and how it works on different surfaces. And you know, I’m gonna include that video content into the blog post so that people can realize like, cause I still like, I still use that. I still use blogs for those things. I still read reviews and not just on Amazon, right? Because there’s a lot of times where I’m on Amazon and I don’t,

05:04
I don’t trust the product, the first couple of product reviews, right? Cause I’m like, that person totally got that item for free or there was some backdoor dealing with, know, send it to me, I’ll PayPal you, blah, blah, blah kind of thing. And we, all know that happens, those of us in this business. And so I still like to see regular people talking about the products and talking about why they like them and why they don’t like them. So I would start incorporating video into my blog posts, especially with

05:32
Anything you could demonstrate and then the other option would be something you would do was how to use a tool. Yes, that was largely YouTube-focused. Even when I was doing a blog post for it, it was mainly the YouTube video that was driving a lot of those clicks, actually. Just to be clear for everyone listening, I’m not saying blogging is dead, but if it’s a standalone blog,

06:00
without a business or service associated with it, Google is just not ranking those sites. And so the old method of creating a review post or a comparison post or whatnot for affiliate marketing, the likelihood of you getting at least SEO traffic to it is highly unlikely now, which is why people have stopped writing posts for the most part. Well, yeah, because you put in all this work and then no one sees it. And if you don’t have

06:30
If you don’t have an email list that you can drive people to read stuff to, or you’re not leveraging social media or Pinterest, if Google was basically your main squeeze, then you really don’t have another way right now to get traffic to your website. Yes, and I think the issue with affiliate marketing, at least the way it works today for the most part, is that you need to get someone to click on a link where it’s then attributed to you. But where can you put a link?

06:59
The blog was the ideal location to do that. Yes. So now that like the blog part is probably less likely for you to get traffic there, that leaves email, which is still incredible for that. And that also leaves social media and YouTube, guess, if you consider that social media. Problem with social media, though, is that you can’t include links. Right. Right. And on YouTube, when you include a link, it’s usually in the description.

07:29
Getting people to click on these links is a lot harder than it used to be on a blog. I think the one exception to this would be, let’s just say, because my blog has been up and down with SEO, it got hit really bad many, many years ago, and then it rebounded a little, and then it dropped, and then it can’t. It’s like a never-ending revolving door. What I have found is there are still posts that do fairly well.

07:59
on Google, Pinterest, like they’re still getting traffic, right? They’re just popular posts. And what I was thinking about the other day, cause you know how Google search console sends you like that little report every month of like what has impressions and clicks. And I realized that like as I usually just delete those, I don’t look at them too seriously cause Google hasn’t been like a main traffic source for me for a long time.

08:23
But I started looking at it and I was like, know, this post actually, I don’t think I’ve touched this post in a really long time. I was like, I should go in there and just, if people are coming to it, like, why am I not maximizing that? Right? So if you already have content and you are a content creator and maybe you have been hit by Google updates and you’re discouraged and you’re not creating that new content, you can still update your old content. And it was funny because I got a check after Christmas or like a deposit from

08:51
commission junction that was like more than it, like I get like about the same amount every month or so. And this was like double. And I was like, huh, that’s weird. Like maybe it’s an error. But then when I like started digging in and I got the search console results, I realized like, oh no, this one post is like resurfaced basically. And it had an affiliate list. So then it’s like, in there and update your old content. If you’re seeing this getting traction from wherever it’s getting traction from.

09:19
make sure that that stuff is optimized because there’s probably like, and actually I was updating another post and like all my affiliate links were broken, right? Because the post was like 13 years old and it had resurfaced on Pinterest. So someone had pinned like a picture and then it was just getting like a lot of traction there. And I realized that every single Amazon link on there, the product, I because I linked it 13 years ago, those products aren’t being sold, right? And obviously people are still getting to Amazon. The link still

09:48
tracks, right? So I would still get credit if they bought something, but wouldn’t it be better to actually send them to a product that they want, right? Like, wouldn’t it be better to work on that? So that’s something if you if you’re in that position, I would recommend, you know, prioritizing the content and making sure that everything is updated because it’s so easy to just let that stuff go because there’s so much else that you could be working You’re about like an existing affiliate post, right? Yes, existing. Yeah. I’m curious, can we talk about your panel? Do you guys have an agenda?

10:19
We do, we do. I’m pretty sure the people listening are not gonna be at the Pet Summit. No, they’re not. They’re not. So one of the things that we really wanna talk about, which I think is very important, is that, most of the creators at the Pet Summit are not bloggers. They don’t even have a website, which still blows my mind. I know that I’m old school, but how could you not just have a landing page? I agree.

10:48
Yeah, a lot of creators don’t have anything. just rely on Instagram. yes, and their link tree or whatever. So that’s what I learned last year from speaking there is that there were probably 60 % of the people there had no website at all. Like everything was through Instagram, TikTok. And these are huge, like millions of followers. We’re not talking about like little 10,000, you know, create follower accounts.

11:16
So one of the things that I have found coming from working on both sides, right, being an affiliate and also working with the brands trying to recruit affiliates is that most of the time the creators, especially the ones that have built like a very large following on social, do not understand that you can negotiate with your affiliates. Right. Like all of this is negotiable. Most of the time when you’re a content creator and you have a social following,

11:46
you usually send out that media kit, right? Or you’re like, well, I charge $1,000 for a post or I charge $5,000 for a video, right? As opposed to negotiating like, yeah, I’m gonna charge you a flat fee, but also I would like a commission on sales that I drive to your product. And maybe your normal commission rate is 5%, I want seven, right? So most creators don’t know that you can do that.

12:11
in this new creator space, right? Like these last people who have blown up in the last two or three years, they don’t understand that all of that is negotiable and that you should always ask for the double dip. You should always ask for the flat fee plus the affiliate revenue, right? Now, if you’re a small creator and you’re just getting started, you just wanna go in with the affiliate, because you wanna prove yourself, right? But then on the flip side, what they don’t understand is you can’t just tell a brand

12:40
I charge X amount of dollars and not be able to show the brand some level of conversion on the backend. But oftentimes, in every brand that I’ve spoken with in the past year or two, basically, it’s like, get these media kits and they want $25,000 for an Instagram post or so. Some of this is absolutely obscene.

13:03
I’m like, well, I would never take that. I actually dealt with a brand just last week who sent a media kit and they wanted $3,000 for an email. Did I tell you this story? No. I want to make sure I didn’t tell them the podcast already. They wanted $3,000 for an email, sponsored email. Okay. To, I think, 50,000 or 60,000 subscribers. That’s a big list. Exactly the market we want, market align, right? However, when I said,

13:31
Okay, can you show me a case study of when you’ve done this before? Can you show me your open rate, your click through rate? Like, oh, we don’t have that.

13:41
So you’re the first person to ever do this? To ask for it, absolutely. Oh, to ask for it? Yes, to ask for it. I would assume because like the first time someone asked that you would probably figure out how to get it, right? If you’re going to lose the deal. Right. And so they were like, oh, yeah, we don’t we don’t have that. was like, so you have no case studies where you’ve sold a sponsorship or you’ve, you know, put a link in like you’ve used affiliate links. So you can tell me what your click through rate is on those links. You can tell me what your conversion rate is on those links in an email.

14:12
I can tell you that for any of my clients. I can tell you that for myself. And I think that’s what the affiliates need to know. And this is what I really want to focus on on the Pet Summit, because these people do have large audiences, is like you need to focus on telling the brand what you can drive for them. It’s not about how many followers you have. And it never is. It’s about what you can convert.

14:34
or what you can, at least the traffic you drive to them because obviously if they don’t convert on the sales page, then it’s probably a sales page problem, right, or a listing problem. But if you can only drive 50 clicks, you have a million followers, it’s probably not a good financial investment. But if you can drive 10,000 clicks and you know that because you’ve used your own affiliate link, and you can use your own affiliate links to find this out, right, to create your media kit, then you’re become so much more valuable to that brand, you can charge whatever you want.

15:03
You know why this conversation is very relevant to me right now? It’s because I’m switching from one of my larger affiliates to a different one, mainly because the product is better. Okay. But I wanted the same rates as what I was getting from the prior affiliate at least. So what I ended up negotiating was actually an upfront fee just to even make the content. And then they match the other affiliate. But

15:32
In reality, if I was thinking about it, the product is better than what I’d been recommending in the past. That’s what prompted the switch. I don’t have a track record with this company, this new company at all, but they were still willing to negotiate these terms. You don’t have a track record with that company, but you do have a track record. Yes, that’s correct.

15:57
You can. I we have it in seller summit media kit. Like we have case studies in there for people to like, you know, this company did this. We drove this many signups. You know, you so you don’t necessarily have to have it with the brand that you’re talking to, but you have to have it somewhere. Yeah, but they didn’t even ask for any of that stuff, which is very interesting. That’s absolutely nuts.

16:23
It’s nuts when there’s an upfront fee, right? Because to me, if they offer you a bonus on the back end, like, we’ll pay you. If it’s normally two, we’ll pay you $3 to sign up, something like that. And you don’t drive any, then it’s no harm on them at all. But if they’re willing to invest that upfront fee, then that’s where it matters, right? Then if you drive nothing, it’s like, well, they’re out $1,000 or whatever, whatever it is. The reason why I bring it up is I think a lot of companies don’t ask that.

16:52
question. Interesting. I do. I never don’t ask I know you do, but it’s actually happened a couple of times. I’ve sold podcast sponsorships before where they didn’t even ask for my listenership. You’re just so famous. No, no, but how do they know? I have all the information on a page, but they didn’t even ask for it. Which is crazy to me. Here’s where-

17:20
So if this, and I’m sure this has happened to lots of people, right? You’re not the only person where brands don’t ask for that. The problem is, is let’s just say you’re like, charge $10,000 for a YouTube video, right? And so a company pays you $10,000 for a YouTube video and you drive 15 clicks. That company is not gonna work with you again. Right. Right. And to me, the beauty of

17:45
the content creation, affiliate marketing, all those things, all of this online world is developing the relationships. Some of the most lucrative relationships I’ve had with brands and deals came from our fourth interaction. They approached me and are like, oh, we wanna, I remember the company that I worked for that sold baby bottles. They were like,

18:06
Hey, we wanna sponsor you to go to blog her. So we’ll pay for your blogger ticket and we’ll pay for your hotel or whatever. And you just have to like wear our t-shirt around the conference and like that. was like, and write a blog post, something pretty simple. And I wanted to go to the conference and this is like, know, 2009. And I was like, yeah, no problem. I use these bottles anyway. It’s perfect, right? Have a baby. Well then, you know, that.

18:27
that post did well, drove a lot of traffic to their website, you know, and so then they were like, hey, we wanna now pay you to write some more content. So I went from getting like a free ticket and free hotel, which was probably valued at eight or $900 to we’re gonna pay you several thousand dollars to then like, oh, we want you to be our brand ambassador. We want you to write on our blog, which then paid even higher, right? So because I delivered in step one, I made it to step three and four and it ended up being several thousand dollars over the course of

18:57
a couple of years working with this company. Same thing with another baby brand. You know, started out with like just an affiliate relationship. Then they paid for sponsored posts. That did well. I ended up making multiple, multiple with them and with a TV deal. Right. Like, so that’s like so if you charge, you know, $10,000 in the beginning, you don’t deliver, then you’ve ruined any opportunity with them and you’ve ruined any opportunity to people they talk to. Right. Because when I was on the brand side, we all talked.

19:27
Like who’s your like number one? Who’s your best blogger? Right? Like we had these like we all knew who the top people were and those are the people that got all the deals. So all these PR companies and marketing companies, they all talk to, they’re all friends. They all work at the same building in New York. Right? Like, so I think that’s why as the on the affiliate side, being able to have very clear like deliverables and information to give to these brands from day one, even if they’re not asking, makes such a difference.

19:57
I just wanted to take a moment to tell you about a free resource that I offer on my website that you may not be aware of. If you are interested in starting your own online store, I put together a comprehensive six day mini course on how to get started in ecommerce that you should all check out. It contains both video and text based tutorials that go over the entire process of finding products to sell all the way to getting your first sales online. Now this course is free and can be obtained at mywifequitterjob.com slash free.

20:26
just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

20:37
You know, it’s this is like bringing up all this PTSD. I’m working with this brand right now where they want to name the title of the YouTube video. That’s so dangerous. And I’m like, OK, well, you want this title? I will tell you right now if we name it that it’s going to flop. Yeah. And it just depends. Do you want views or do you want to like rank for this keyword? That’s different. They’re like views. I’m like, OK, well, you’re paying the money. If you want that title.

21:07
I’m happy to use it, but I’m gonna tell you now it’s not gonna do well. They haven’t gotten back. No, I mean, I was being frank. I was like, spent a lot of time on the title and the thumbnail, which is like 80 % of the success of a video. And you wanna name it something that’s just kind of dull, like how to do something very specific. Like I’m a fan of the tool, but if you do a tutorial how-to that’s very specific, very granular, it’s not gonna do well.

21:37
That’s tough too, because at what point do you say, fine, you can light it all up and let it burn? At the end of the day, when it doesn’t perform to their expectations, it’s on you, even though it’s really on them. I did a prior sponsored video for one company and I had freedom to do everything. It got like 150,000 views.

22:05
And then the, so they re-upped, they were very happy with that campaign. But this time they wanted to insert their brand in the title. Right? And so I spent all this time, I was like, okay, I’m just going to tell you upfront, it’s not going to do well. It’s not going do well. They’re like, that’s okay. I want, I want the brand in there. And so sure enough, I did what they said. The video was good and it only got 7,000 views. I haven’t heard from them since, but I don’t feel like it’s my fault.

22:34
That’s not your fault at all. If you’re really honest with them, that’s on them too. That’s why I’m like, brands, come on. This is to talking to the brand side. If you’re hiring a creator to make this content, let them do what they do best. Quit trying to push the narrative. They’ll figure out a way to get your stuff in there organically. They’ll figure out…

22:59
They’ll figure out the best way to do it. you come in, if you know so much, then why isn’t your YouTube channel at 500,000 subscribers? You don’t and that’s why you work with creators. That’s why you work with TikTokers, because their TikTok accounts are huge because they know what to say and what to do. You don’t. I know a lot of them when I was really heavy into the brand space.

23:24
There were things that they didn’t want you to say that didn’t align with their values and guidelines. That stuff I can totally respect. But the parts of like, we want to title stuff or we want to like tell you, use our picture. This is a big one, like use their photos. I was like, so your stock images? No, you want my kid with a bottle, right? Like you don’t want an AI generated baby, know, kind of thing.

23:48
So that’s the hard part. But here’s the other thing, and where I think this is what’s made you really successful with this sort of like, I know you’ve negotiated some deals with YouTube and things like that, which you didn’t really do on your blog as much. You’ve done it more on YouTube, is that when you do something and it doesn’t perform to your expectations, you make it right. And I think that’s what creators and affiliates need to know too, is if you have negotiated a deal,

24:17
with a brand, maybe you’re getting a higher commission or you’re getting a flat fee plus a commission. And maybe it’s just like the video flops, right? Or the content doesn’t perform, like redo it, rewrite it, ask you, like get your circle to help you promote it, right? Like, because you wanna value those relationships and show them that like, hey, sometimes things just don’t work out the way you think they’re going to on the internet, that’s just life. But there are things you can do to help it. And you’ve always been willing to do those things for brands.

24:46
which I think makes you very valuable to those companies. I mean, I am when I don’t warn them that it’s going to flop ahead of time. Correct. if you say like, you, yeah, that’s a totally different. like, if you are like, hey, I have, like, if you would have done that video where you had all the creative freedom and it got 3000 views, you would have done, you would have removed it, changed the thumbnail, changed it. Like you would have done stuff to like, hey, this isn’t performing to the standard of my normal videos. I need to fix it.

25:12
That’s what I think content creators need to do too, if you want to build those relationships because you and I both know, for example, Jim Wang and JD Roth made their fortunes on affiliates. The reason why, well, mostly Jim. Jim was doing everything in his power to maximize conversions and referrals when doing that. That was his main gig.

25:38
A, testing, changing buttons, doing those things. As a content creator, if you want those super lucrative relationships and affiliate relationships, you’ve got to do everything to get the best results. If you’re willing to do that, you’re going to see a huge financial gain from it, especially if you already have an audience. Yeah. Sorry, we got off track from affiliate marketing. It’s still affiliate marketing in general.

26:08
So I was just thinking affiliate marketing is a lot more difficult now on short form, unless you’re using the platform, like TikTok shop as an affiliate is. I was just going to say it’s gotten so much easier. Oh, you’re talking about? Well, yeah. So when I say. Yeah, with TikTok, I just don’t like being beholden to this platform, to these platforms. I have some acquaintances of mine who racked up a lot of money

26:38
being a TikTok affiliate, but then they created some content that got them a strike and they never got their payout. It’s stuff like that that you’ll be holding to a platform. I guess you are anyways, if you’re on a blog too, you’ll be holding to the company that’s paying you too. It just seems though a lot more dangerous when it’s like company wide, like all your affiliates under one roof. yeah.

27:06
So yeah, I was like gonna go the absolute opposite direction. I would say, I totally agree with you with that. Like, and I feel like TikTok right now reminds me a lot of like those big Amazon affiliates back in like 2012, 2013, like especially the deal bloggers, right? That would like drive, I mean, they were making 20, 30, $40,000 a month off of 2 % commissions, right? Like we’re talking like the volume is insane. And then all of a sudden Amazon wakes up one day and goes, oh, you’re not 4%, you’re 2%.

27:37
Right. Right. Which is essentially what TikTok can do today. Right. Like, oh, you’re banned or this is a strike or we took the video down. Right. Like they can kind of do whatever they want and you have no recourse. Just like you had no recourse was Amazon. If Amazon wanted to cut your commissions and Amazon went in in like 2012, 2013, 2014 and cut every big affiliates commissions, every single not one person got out of that without a massive affiliate cut, which is of course so funny because like

28:05
the smaller companies will up your commission if you’re doing that kind of a job. But Amazon’s like, nope, screw you. Because they don’t need us anymore. Yeah, because like, oh, yeah, you got the product listing up. You got it viral, like on Amazon. We don’t need you anymore. It’s got 20,000 reviews thanks to you. So but my thinking is if you are newer to content creation and you don’t really know anything about affiliate marketing and you haven’t been in the space for a while, TikTok just makes it really easy. So while

28:34
There’s the negative of like you’re also beholden to TikTok just like as a seller, right? Same thing. The ease of which you can be an affiliate on TikTok is kind of nuts. mean, same with Amazon, I guess, right? Except for it’s just like so much easier to get. Well, like, with TikTok, it’s like so much like people can buy your stuff on TikTok. mean, Amazon now on the Amazon Influencer program, if your videos live on the listing, that’s another story. But with TikTok,

29:03
I guess, I don’t know, is your feed filled with these videos? Mine is. What type of videos? do mean? Like a TikTok influencer, they’re hawking the Breeze drink, the mushroom. You can tell my feed, Breeze drink, mushroom gummies. I get all these bras. That’s just my feed, right? Obviously, TikTok’s got a great algorithm. I’m trying to think what I get sold, like gadgets. Okay. The one I get a lot is this-

29:32
this gimbal for your phone so you can film yourself and it follows you. I’ve been getting that commercial a lot. But yeah, yeah. mean, a lot of times these days, actually, it’s people live selling too. I get a lot of live streams too. I get the one Korean skincare girl like 24 seven. That’s the one. And I’ve never bought skincare on TikTok. So I don’t know why that’s in my algorithm. But if you’re a content creator and you have a TikTok account and you’re growing it.

29:59
It doesn’t make sense to not do this in my opinion. This is where it stinks to sell on TikTok. The commissions are stupid. On Amazon, you’re lucky to get 2%. On TikTok, you can get 10, 15, and then sometimes a bonus. TikTok’s trying to build this program out. I would say ride the wave while you can.

30:25
It probably will not be like this forever because I don’t think it’s actually financially sustainable. Not only that, people, have you ever bought anything from TikTok Shop? I have not, but my wife has, I believe. Let’s just say I make a video and I’m talking about how great these little thumbtacks are and I show you my little bulletin board and it’s so awesome and these are so cute and they stick and whatever. They’ve got the days of the week on them, I don’t know. You’re like, oh, yes, I need those. You literally click.

30:55
and it’s in your cart and your checkout information is saved and within like 13 seconds, like that’s my biggest downfall of TikTok Shop is that like I’ll see a video and like before I know it, it’s at my front door. Like it didn’t give me a chance to decide not to do something. There’s no barrier for the consumer. So as an affiliate, that’s exactly what you want. Cause the last thing you wanna do like,

31:19
I remember back in the day it was like, you can earn money if people give us their email and fill out this 15 step survey and blah, blah, blah. It’s like, well, people drop, right? But here it’s like these thumbtacks, two clicks and I’ve bought them. So as on the affiliate side, to me, not doing that doesn’t make sense right now because now that’s not how you should pay your mortgage. You shouldn’t base your whole financial plan on the TikTok affiliate program. I mean, some people do that. Let’s be fair.

31:46
And YouTube and Instagram have something similar now too. It’s just TikTok works really well. Yeah. But I think if you should be doing that as an affiliate, should be finding the products that… And you can go in there as an affiliate and find stuff that makes sense for your audience. Like don’t promote stuff that doesn’t make sense. I know for my TikTok channel, once a week, I get an email from TikTok that says, hey, I’ll pay you a hundred bucks to create this specific content promoting this thing.

32:18
So I’m not sure. I don’t really chat with my mastermind buddies about TikTok actually. I’m just curious if anyone else is getting think the bigger, since your account’s bigger, I’m sure anyone with your size of account is getting that. But think about how easy that is. I would just pick up my phone and just say a couple words about this thing and then you get paid out. You submit your video, they approve it, and then you get your payment. It’s anywhere between 50 to 100 bucks. Well, here’s the other thing to think about.

32:47
The whole beauty of TikTok is they don’t want edited content. They want literally seeing your finger push off the button to start the film. It’s not even like you have to edit anything. It’s like you just pick it, literally pick up your phone and record. To me, on the affiliate side, not doing TikTok affiliate doesn’t make sense if you’re looking to generate revenue. Right. The other platform is on the other hand.

33:16
Yeah, I wouldn’t like put all my eggs in that basket. That’s the only warning because it could shut down again. Yeah, it’s I just would treat it like cash flow. Yeah. The other platforms, I think, are a little harder. I mean, they’re trying to mimic the same thing that TikTok has. Yeah. But at least on YouTube, I always in the video say, hey, link link below and I always make it the first link. So it shows up if I’m trying to promote something outside of that, though.

33:45
I don’t know, I guess your friends are probably more into this. Are they still making a lot of money affiliates on their blogs or? I don’t think anybody’s cleaning up on the blog anymore unless you still have a post that either is viral on Pinterest or ranks on Google. That’s really the easiest way to do it. What I do think is that, this is where I think the affiliate opportunity is really

34:13
ripe and we are not saturated in this. If you can make YouTube videos where you teach somebody how to do something or you show, like if you’re showing people something on a video, it makes it really easy to convert on those affiliate links. Yes, they have to click off of YouTube and go to the store or whatever to buy it or sign up for the software or whatever it is. like, I can’t tell you how many times that I have searched for how to do something and

34:41
I watch two or three YouTube videos and I will buy whatever the tool or product or service is based on that creator teaching me how to do it. That’s like my bread and butter. I teach people how to use a tool, which is why with this new affiliate, once I film these videos, I know I’m to be able to deliver. I was just curious because they don’t know any of stuff. I think it’s so crazy that they don’t want that information, but I also am not surprised because

35:10
I’ve dealt with a lot of these people. That’s the thing though. It’s like a lot of content creators are storytellers, right? Which we always say is the hardest way to monetize and grow because most people are not that great of a storyteller. Even if you’re a storyteller and that’s most of your videos, if you can teach people how to do something, a perfect example is like Jamerill, our friend that does the mega cooking.

35:40
She’s a storyteller and she’s good and she’s interesting, right? Because she’s got a million kids and she has like a commercial kitchen in her house. It’s like people are watching it for almost like the TLC value, right? Of like, what does it look like to can 40,000 jars of tomatoes or something? But when she says this is the only stew pot I use, right? In her videos, then anyone who’s watching that for like, they do want to learn how to like bulk cook or do those things like.

36:06
They’re going to buy that pot. They’re going to buy from her link. So you can still weave in the teaching and the story. You just have to be very purposeful in how you do it. Yeah. I mean, she is just really good at being on camera, actually. Yes. And she will say that she’s done every single thing wrong on camera. It’s still great. Well, no. mean, it’s trial and error. I’m sure she was bad in the beginning. Yeah. She breaks all the YouTube rules, apparently. But you know.

36:35
I feel like there’s a lot of people who are successful and they didn’t necessarily follow the exact script. However, if you follow the script, it’s probably a lot easier for the most part. But yeah, I think that’s still an opportunity. Even like we talked about Kevin a lot on the podcast, but he did that video about like comparing routers or wifi systems or things like that. And he drove for the size of his channel, the amount of clicks he drove was like crazy, right? Like proportionally.

37:02
I think he had like 500 subscribers and he drove 300 clicks. I wonder if it makes sense for him to just be a TikTok affiliate in the tech sector. Yeah, I would think. Although knowing his personality, I don’t know if he’d be willing to do it because because these are some of these are no name brands, right? Yes. And he mainly talks about the mainstream. So maybe he wouldn’t do it. But that would probably be a way for him to just review stuff. Yeah. And make a lot more money probably than than the affiliate.

37:32
I think he’s an Amazon affiliate right now, right? Yes, he’s an Amazon affiliate. Which doesn’t pay out that much. Yeah. But I think with the YouTube content, teaching is the key to getting people to click and buy through your affiliate link. It’s not too hard for people to click through and do that. Obviously, there’s a couple more steps than just on the TikTok shop, but it’s still not that hard. People are willing to do it. Oh, yeah, for sure. For sure.

38:01
So I guess the overall sentiment here is I’m actually kind of sad that this is the case. And we had alluded to this earlier, but you know, blogging because of the Google changes, less favorable. think affiliate blog, like a pure affiliate blog. Yeah. I wouldn’t do it today. Where the affiliate dollars are, are on short form video and long form video and social media today. Yeah.

38:30
Hope you enjoyed this episode. If you currently run an affiliate blog, let me know your thoughts. For more information and resources, go to mywifequithejobs.com slash episode 583. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you want to hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to sellersummit.com.

38:58
And if you’re interested in starting your own e-commerce store, head on over to my wife, quitherjob.com and sign up for my free six day mini course. Just type in your email and I’ll send the course right away via email.

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582: Hyper-Targeting Customers For Your Online Store Just Got Shockingly Easy

582: Hyper-Targeting Customers For Your Online Store Just Got Shockingly Easy.  Here's The Latest

In this episode, Toni and I discuss how hyper-targeting customers for your online store just got a lot easier with Klaviyo’s new release!

We dive into the latest features and strategies that can help you reach your ideal audience like never before. You’ll learn how to maximize your marketing efforts and boost sales with the power of automation and AI!

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  • How to segment your email list
  • How to create personalized experiences that turn casual browsers into buyers

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. In this episode, Tony and I are going to break down the latest features that our favorite email marketing tool just announced that looked to be a game changer for e-commerce. Here’s the latest and greatest in the world of online selling. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025 over at sellersummit.com. And the prices are now going to go up every two weeks.

00:29
until the event starts. The Seller Summit is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods

00:57
and not some high-level guys who are overseeing their companies at 50,000 feet. I personally hate large events, so the seller’s summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past eight years. If you are an e-commerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers.

01:25
The Seller Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th. Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:44
Welcome back to the My Wife Quitter Job podcast. Last week, Tony and I, had the privilege of attending Klaviyo’s launch event for their new features. And normally we don’t create podcasts about this stuff, but I was blown away by all the new functionality that Klaviyo had to introduce. So I felt compelled that we had to do an episode about this. Yeah, it’s, it’s pretty exciting. I have to say I was, I actually watched it twice. So

02:13
because there was so much to digest just watching it one go round. Yeah, I watched it this morning also and I had Chachi BT take the transcript and summarize it so I wouldn’t forget anything. what are these new features and why is it such a big deal? Klaviyo just introduced their CRM. I think it’s called Klaviyo Data Platform.

02:38
And it’s basically going to be like the one tool that you absolutely need to practically do everything with your online store. Yeah. And that’s the best way to put it. Yeah. And I think, I think this is a big, like this is a big deal, right? Because one of the things that they hammered pretty hard during all the presentations, but one thing that I was like, as a struggle for me in e-commerce is that

03:05
you have all this information coming from all these different places. And it’s very hard to get all the information to match up. And they told a story about one of their customers who hired somebody and paid them a lot of money to build like some sort of custom dashboard so that they could like aggregate the data. And after they got it built, it just didn’t do the job well, right? didn’t work right.

03:30
And I thought, and this is something we deal with, you know, with some of my e-commerce clients every single day, right? Is all the data is in different places and it’s hard to get. you know, we’re paying people to do this, right? To compile it and get it in one place. And so this is really exciting, I think, for business owners, especially if you are running a small team and you don’t have lots of people to pass these tasks off to. Yeah. For example, like in my store, I have

03:58
these little dashboards for a bunch of different things that Jen wants to see. And the data is there, but it’d be nice to just have everything in one place. And we’re be talking about how they allow you to interact with that data. So first and foremost, unlimited data storage. Klaviyo will have all the data for your store, access to your Shopify database, all your customers and everything. Yeah, and I mean, think the other thing to think about is that already Klaviyo integrates with

04:27
so many tools, right? So they already have a lot of these integrations built in, which is nice because I think, I don’t think I’ve ever come across something where I couldn’t integrate it with Klaviyo, like a tool that I wanted to use in Shopify. So the fact that they have all that integration already and then sort of building this out is pretty exciting. So they have data for all of your customers, which pages that they’ve browsed, what they’ve purchased, the frequency that they’ve purchased. And because all that data is there,

04:56
That’s where it gets really exciting. I don’t know where you want to start with this. mean, there’s a lot of new features that they announced. I think the one that I’m most excited about is the AI forecast. So remember, they have data for everything, right? So they know what the customer is most likely to buy next. They know the lifetime value. They know how to communicate, how they like to communicate with you, whether it be through email, SMS or push.

05:26
And so now with these new AI features that Klaviyo has introduced, they can automatically suggest the best action for a specific customer based on their historical data and automatically create segments for you to send emails or SMS to them. So this is very exciting because one of the things that Klaviyo already has and they’ve had for a while is

05:53
AI within segment creation where you say, want a list of people who do X, Y, Z, right? And they build that out for you. But this takes this to like an entirely other level. And the exciting part for me is I’ve worked in that, you know, their AI tools already. And I feel like especially when it comes to building out these segments and lists of people, it does a really good job. Like the data they give you back, the way they tell you to do things is

06:21
almost always correct. There’s very few times where I’m like, oh, that wasn’t exactly what I wanted. And if it is, it’s because I put it in wrong, right? I asked for the wrong thing. So I’m very excited to see the level that this will go, basically, as far as what AI is going to do. Because just the fact that they were showing some of the flows or how the customer journey pans out. it’s like, the AI doesn’t just stop at, create me a segment of people who’ve done X, Y, Z. It’s like,

06:51
after they receive the first email, then AI is gonna say, send an email only to people who’ve taken these three actions and include this information in the email based on the actions they’ve taken, which, I mean, it’s gonna put me out of a job. I wanna see how, what level this goes because I was thinking, hey, create me a segment of everyone who’s most likely to purchase a personalized apron, like in the next month. Yeah.

07:18
and it’ll automatically create a segment. Prior to that, you’d have to know exactly what you’re looking for, right? Bought an before, haven’t bought in six months or whatever. But this one, based on all the data points, right? Let’s say they were looking, they just happen to be browsing on your site for aprons in like two weeks ago, they would automatically be added to this segment. Yeah, so I think that’s really exciting and something that’s going to save people a lot of time.

07:46
The other thing that I think it’s going to do is give people better results with their email. So, I mean, we can say right now, hey, let’s create a segment of people that are most likely to do X, Y, Z, right, based on information that we have. So, for example, one of my clients, most of her products are based out in age groups, right? So there’s like five to eight year olds

08:15
group because it’s curriculum, right? And then there’s a nine to 12 and a 13 to 16, right? So but, you know, if someone buys something in the middle age group, right, the nine to 12, we don’t know exactly like, is there a kid nine or is there a kid 12? Right. Like, we don’t know that because we don’t don’t ask. And obviously, it’s hard to ask information about people’s kids like that. People get very rightfully How old is your little boy? Yes. Rightfully so. People get.

08:43
protective of that information. Knowing that, on average, when you look at the data as a whole, we’ve got millions of customers, right? You look at the data as a whole and you know that people who buy in this age bracket, on average, in two years, buy in the next age bracket. Or they take this and you start being able to have this lots and lots of data when Klaviyo can take that and really give it to you in a very digestible

09:12
way as opposed to you. I mean, I just think about like, have you ever like downloaded something on a spreadsheet and it’s like 22,000 lines of information and it’s just like my computer just like farts out on it. It’s like, no, we’re not doing this. So like the thing that’s exciting to me is to be able to get all that data and have Klaviyo be the one that deals with it as opposed to me on a spreadsheet trying to like figure this all out and spending hours and hours. No, exactly. Like

09:41
I personally hate creating segments by hand in Clayview. Just the fact that you can have AI create the segment for you based on what you want. Huge game changer. I can’t wait to see how well this works. And I think the fact that it’s going to be able to deliver smarter recommendations. mean, their recommendation tool that you can just insert that in the bottom of emails, or it doesn’t have be at the bottom, you can insert it anywhere. It already does a pretty good job. So to be able to get even more granular with the information, especially if you are in a

10:11
a vertical like clothing, right? If there’s a shopper and they only buy pastels, they’re never going to see a pair of camo green leggings, right? Or if you sell, like think about our friend Tiffany, right? She sells shoes, pants, purses, whatever. One of the things that they pointed out, like people who buy this thing are way more likely to buy a purse, right? And they know that because they have

10:39
let’s just say 20,000 people who have bought pants and of those 20,000 people, know, 32 % of them also buy a purse. So it’s clearly like there’s a customer type. So instead of you trying to like parse through and go, okay, I wonder what maybe this happens, you know, it’s already going to just be given to you. And not only that, all in an automated form. like, it’s like, Klaviyo is basically going to say, hey, people that buy these pants also buy purses. So send them an email. Oh, click here and it’ll be set up for you basically, which

11:09
When I was looking at their slides or their screen grabs of it, I was like, if this works like it looks like it does, this is incredible. I agree. I think that was the single most important feature. But let’s move on because once you know what segments that you want to email to, they actually introduce another feature that I’m really looking forward to, which is their new campaign builder. Yes.

11:36
And you have to remember now that Klaviyo does SMS, email, push, and if you just happen to have an app, they do in-app messaging as well. in the past, and I don’t know how many people listening actually use Klaviyo, but if you use a traditional EMS, you usually get like an autoresponder, right? Where you can send a sequence of emails. And within Klaviyo already in the past, you could send autoresponder sequence.

12:03
where you could take people off or put people on based on certain criteria or the actions that they’ve created. So for example, like if you had this flow, like an abandoned cart flow, for example, that was three emails. If someone purchased after the first email, you would not send them the abandoned cart email for a second, third. That’s already been there. Now you can do something like that with just regular campaigns. Yes. And I’m just trying to, why don’t you talk about like some of the use cases for that?

12:32
That’s what I think is really nice. I think we’ve bugged our friend Joe at Klaviyo for many years. One of the features that Klaviyo never had was the recent unopens. You had to do that all manually, which is actually a bit of a pain. They just recently launched that within their campaigns, pretty normal standard stuff. Now with this campaign, it’s basically like a flow, but it’s a campaign.

12:59
you send out an email, let’s just say you’re having a, I don’t know, Mother’s Day sale, Mother’s Day is in a couple months, and you’re gonna send it out a week before Mother’s Day or two weeks before Mother’s Day, whatever your timeline is, but then you wanna resend to unopens. But do you really wanna resend to all your unopens? Probably not, because typically, if you resend to all of your unopens, some of those people just don’t really open a lot of the emails anyway, so immediately that email’s gonna perform a little less than,

13:28
you know, you’d like it to. So what you can do is resend it to people who’ve done like specific behaviors, right? So it’s not just unopens. It could be resend to people who didn’t open it, but they visited the site within 30 days. They have already purchased $500 or more from my store. Like you can put all these conditions in it in this basically automated flow. And also, Klaviyo has this little thing called the Action Center.

13:58
where it gives you the recommendation of the best practice. So based on all of their data and all the brands and everything else, they’ll tell you like, I might think, well, oh, I should send it to these people. Well, Klavia is gonna say, hey, based on all the data from your store and all the data from stores in your vertical, like all their whole data set that they have and go, this is actually what you should do. This is who you should send it to.

14:21
which to me is a game changer because one, it takes the guesswork out of it for us as far as like, we can test it, right? We can see what happens, blah, blah, blah. But also like, just tell me what to do. If you know what works, I’ll do it. I was thinking for me, particularly, we typically run three day sales or three or four day sales and we email multiple times during that period.

14:47
So it would be nice instead of sending like three or four separate emails out about that sale, you have it in this nice campaign builder where you can automatically exclude people. Yes. Right. Who’ve purchased or for example, if someone hasn’t responded or opened an email, maybe send them a text instead. Yes. And that was nice too. Like you can set up, if you do use Klaviyo for SMS, you can basically, you know, email these people based on that, text these people based on that.

15:16
email these people, right? So it creates this whole chain of events that, which I think the other thing that’s nice about that is consistency of messaging, right? So being able to know that the people that are getting the text have already received an email that says this. So I’m gonna text them and say something different, or I’m gonna piggyback on what they already got. And I think being able to sort of be very cohesive with the messaging is actually really important.

15:46
I actually think most brands don’t focus on this enough, but just that consistency with the messaging and the things that you say, especially during a promotion or a launch or anything like that, is actually really valuable. And to be able to have that all like now in a sequence is a really nice feature. I mean, I was just thinking for me, just organizing all the campaigns. Like right now I have campaigns that say first day,

16:11
middle of the promotion, last day of the promotion. Yes, I like AM, 2 PM, 6 PM, last day, last. Yes. The problem with me is, and this is my own fault, but I try to name things consistently. Last day of the sale, it should be the date, whatever the sale is, last chance AM, then whatever for PM. Sometimes I change the verbiage just.

16:38
because I’m human and I’m not thinking at the time, right? So then it’s like, you know, I changed something. So then when you go in and look for something to clone or recreate, it’s like, wait, that’s not last chance. It’s LC, because for some reason I decided to abbreviate this week. so just the consistency of it, I think is gonna be really nice. Yeah, I mean, I ideally just wanna be able to clone my entire sales sequence and set it and forget it instead of, again, having to draft four five different emails.

17:06
I think the nice thing about that little action center that they’ve created is that when they give you a recommendation, you basically just click it and it sets it up for you. It’s like, we think you should send a campaign to people who like pink leggings or whatever it is. You’re like, do too. Click and it basically builds you this template. For people who are not big on using the

17:32
the coding and things like that in Klavia, which they do make it pretty easy to just drop and insert things. There’s still some, you know, technical degree there. It’s already embedded in those emails. So all you’re doing is going in and tweaking it. Right. They already have your brand logo. They’ve already got your templates. So basically, when you say, yes, do this, it’s creating everything for you. And there’s very little work that you need to be doing after that step. Yeah. So this next feature.

18:02
that they introduced is actually something that I was in the middle of writing for my store, which is a self-service and support hub. So, Klavia is actually now going to do customer service for you. You know that right now, a lot of stores are my friends, they’re using a separate app for customer support. But you know, Klavia already knows all your orders, right? They know who’s buying and all that stuff. They have all the information. They have addresses and whatnot.

18:31
So why not manage order tracking and returns management? Why not have like an AI chat bot to answer the most commonly asked questions? Why not have like a live chat if AI can’t answer the question, hand it off to a real human? They’ve added all of that.

18:50
I just wanted to take a moment to tell you about a free resource that I offer on my website that you may not be aware of. If you are interested in starting your own online store, I put together a comprehensive six day mini course on how to get started in ecommerce that you should all check out. It contains both video and text based tutorials that go over the entire process of finding products to sell all the way to getting your first sales online. Now this course is free and can be obtained at mywifequitterjob.com slash free.

19:19
just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

19:31
I feel like this could be an entire podcast on its own is that customer support should be a sales channel for your business. Most people view it as a rescue boat. Rescue the lost order, rescue the person who can’t figure out how to place an order on the website, whatever it is. It really should be its own sales channel. think because once someone… Obviously, there’s a lot of people who message support who have like,

20:00
literally probably the top one is where’s my order, right? Which can be pretty much answered with AI, probably 95 % of the time. But then there are people, like I would think for your business with the personalization, like people probably have questions about that, right? People wanna know like, what actually can I personalize or how, know, what kind of thread do you use or you know, whatever the questions would be, is it gonna get here in time, things like that.

20:27
But what an opportunity to give people a great customer experience there and then upsell them on other things, right? So the next thing you know, they’re not just buying the personalized handkerchief, they’ve also got the matching apron and pillowcase, right? That you just have an opportunity there. And to remove some of the friction as far as like, where’s my order, things like that, where that can all be done through AI, to then allow your customer service person or people to actually do bigger work.

20:57
I think is going to be a game changer for companies. Here’s the thing about our customer service. If we can get someone communicating with our customer service rep, it’s almost 90 % of conversion. Yeah. Like we can always sell them something. Yeah. So it’s in your best interest to actually have that conversation with somebody. I still think phone conversations are the best, but chat is like the second best. And this actually, seeing this feature actually reminded me, I had this really elaborate

21:26
a Facebook Messenger platform where I was actually semi-automating customer service. But Facebook deprecated that a long time ago and it was on my list to add another live chat, but I actually hadn’t done it before. Hence, I was going to incorporate all these features into the site already. I was really looking forward to writing my own AI-powered chatbot also. I might just use Klaviyo’s now.

21:51
Yeah, I mean. it’s already there and they have all the information. It looks really nice. The screenshots that they showed us, it was just really nicely integrated with the site already. It was almost like it was a part of the Shopify store, in fact. Yes. Right. So, yeah. Well, no, but I think the other thing that people probably don’t think about is that it looks really nice. looks like a seamless experience for the customer. But also, like, they go in, they ask, you know, where’s my order?

22:20
I actually had this to me yesterday. I used the wrong credit card for something. I used an old credit card that actually had been canceled and I knew the order was gonna get declined. At some point it was a grocery order. So I was like, I need to get in here and fix it. So I got on with an AI chat bot. I got the answer that I needed. Basically it wasn’t the answer I wanted, but basically like we can’t do anything. have to cancel your order and reorder. And I’m like, fine. But got through the whole process. But I think about the fact that like, if it is all integrated in Klaviyo,

22:49
and they have all of the customer information and with their AI features, they’re telling you stuff about the customer inside that as you know, as if you, you escalate it to the human, right? Then you have all this information about the customer. If you’re in another customer service platform that is not connected, you can still get that information about the customer, but you’ve got to log into Shopify or Klaviyo. You’ve got to pull the information.

23:15
you can see like when you log into, if you pull up someone’s customer profile on Klaviyo, you know what emails they’ve received, what emails they’ve clicked on, what they’ve purchased. And now that’s all going, what it looks like it’s all going to be within that customer service platform. Like what an advantage to when someone actually gets to a human to have all that data. And you’re like, oh, this person always buys like embroidered pillowcases. We should probably show them this new line as we’re talking to them. You know what I mean? Like it’s all just given to the people that are working

23:44
which I think is gonna be a great sales channel for companies. Yeah, I mean, right now the way we do it is we have another tool that handles all that, right? Right. But why not just have it in one place? Yeah. And not have to open some other tool in order to get the same information. And then expect your customer service person, which typically in most stores is like a lower paid employee. It’s not a sales person for sure.

24:11
But then you’re just handing that person all this data that they can use. They’re not having to go find it or dig it out or understand. It all appears to be in the platform already when they’re talking to them. I mean, this is how I see it being used also. When we get a phone call, she can just pull up this information in Klaviyo. And maybe Klaviyo can say, hey, this person is very likely to order another handkerchief. And then she could just make that suggestion on the fly.

24:40
Klaviyo has all the data once again. And as you don’t like humans having to think about things, so this is like a huge. Oh yeah, definitely. The other cool feature that I saw when they were showing the screenshots was it appeared like after you went through customer support, they had like a little survey at the end where it was like, and this was, they were doing a clothing store as their example. And it was like, which of these,

25:07
is your favorite color for leggings, right? And then they showed the example and the person put like pink or whatever. And then it was like, they asked another question based on the favorite color. There were like three real simple, like multiple choice questions. But then based on their responses, it created profile properties for that person in Klaviyo and then suggested the emails that they get that like, you know, so one person, you’re sending the same email to 500 people.

25:35
But one person’s getting the pink leggings and one person’s getting the black leggings based on the profile. And it’s basically all automated. Yeah. Yeah. You know, one, uh, the other day a student asked me how to get Google analytics set up and get all the granular data. And what I told her was like, I can show you how to set all that up. But to be honest with you, I rarely look at Google analytics at all anymore, ever since they made the shift because it’s

26:03
It’s like not intuitive and it’s not easy to use. No, I can’t find anything in there. I hate it. But now with all these new Klaviyo features, and they showed a screenshot of this, but now you can get like a comprehensive customer timeline. One of Google’s restrictions is they couldn’t use real names due to privacy reasons. But on Klaviyo, like let’s say I want to pull you up. I can see every email open, every SMS click, every purchase, every website visit, every return.

26:32
every shipment, where the shipment is in transit. It’s just a much nicer way to track things than like a Google Analytics. Well, and I think that’s what they called it, what the unified customer view. Yeah. And basically, and I would assume that you would have to be using Klaviyo SMS to get this fully. Of course. Well, unless it integrates, like I said, Klaviyo integrates with pretty much every other tool since it’s pretty much become the standard.

27:00
Yeah. So you could probably get click data if you’re on like Postscript, for example. But I think being able to see and they showed a graph of like a customer timeline and basically, you know, I forget what they call them, like the champions were like the top customers and, you know, then they had like names for each level of customer. But being able to see all that information and like, are they more likely to open a text and email? Like, what are they doing? What are they interacting the best with? And then once again,

27:29
making those like take action recommendations based on what people are doing. I think that’s probably my favorite feature is that Klaviyo basically tells you what to do. So instead of you sort of over analyzing and testing, and I think you should still be testing, obviously, but you’re not just like throwing stuff at a wall and seeing what sticks Klaviyo is actually taking the data and giving you really good ideas. Have you ever gone to the dentist and

27:55
They go up to you and they say, hey Steve, how was your vacation three months ago? And you’re like, what, what? How did you know I went on a vacation? How’d you remember? Because I obviously told them that Oh yeah, because they put it in your little notes when they’re cleaning your teeth. Yes. Yes. Can you imagine now that if you’re on live chat with somebody and you already have the customer up, right? Right. Because I would imagine that as soon as someone does a live chat, it automatically brings up whatever their profile is. And you have notes on that person. Like our best customers, we have notes. Yes. know what they’re doing.

28:24
And you can automatically say stuff like, how’s your kid? know, how’s high school? They just started high school. Yes. That makes a huge difference. Yeah. I think the the level of customer loyalty that you get from that. I it’s funny that you brought up the dentist because my favorite hygienist stopped working to be home with her kids. What a jerk. But like one of the reasons why I like to going is that like she we could like pick up.

28:51
where we left off in our conversations, was kind of like, oh, well, how was this? And I know it’s all in their little dashboard, right, of notes. Like, oh, she, like, I think it was when Instacart came out. And so we had this whole conversation about Instacart one time. And the next time she’s like, I’m using Instacart, blah, blah, blah. And I was like, how do you remember that we had a conversation about Instacart? Anyway, made me super loyal to the dentist because it just, it felt good, right? It feels good to.

29:17
have people remember you. How are you able to have conversations with your hygienist? Like she’s got the stuff in your mouth, right? It’s always a one-sided conversation. Oh, can stop me from talking. You know that.

29:31
The other thing that’s nice is I’ve actually wanted to offload email marketing to someone outside of Jen. And I’m very curious about all the AI features in terms of what subject lines, what type of emails to create and whatnot. You mentioned earlier that it might put you out of a job. Yeah. That’s my best case scenario. Not to put you out of a job. that’s your best case because then you’ll have to hire me.

30:00
That’s not your best-case scenario. As I was watching this and thinking through everything, part of me was like, know what? I feel like this is where I don’t hate AI because we’ve had a lot of conversations about AI and people just creating entire websites and YouTube channels and just all AI-generated and even some of the dangers where they’re basically

30:26
doing the deep fake stuff, right? Where it’s like, you can’t even tell. So I think AI can, it can be awful, right? It can be used for pretty negative things. And you and I just did a Google search like two weeks ago and Google gave us the wrong, AI gave us the wrong information about Google. Do you remember that? So. Oh yeah, yeah, yeah. Yeah. So it’s like, there’s a lot of negative about AI, but I feel like when I watched this, I was like, okay, this is how AI really should be used, right? This is where I think it’s helpful and

30:56
pushing forward and using technology to make things better for everybody. Because here’s the thing, it doesn’t just make things better for the company owner or the marketing person. It makes things better for the customer. We all get a million emails every day. If you’re on a bunch of SMS lists, you get tons of texts, marketing texts, things like that. But how awesome is it to get an email that actually makes sense to you? And it’s actually something you care about.

31:26
I used this example at seller summit last year when I was doing the email talk. I bought a bunch of paint at Lowe’s and then Lowe’s sent me an ad for paint, an email about paint. And I was like, you should have sent me an ad for paint brushes, right? You should have sent me an ad. You know what I bought. I don’t need to buy more paint. I need to buy painter’s tape and all the things that go along with it. It was like a huge missed opportunity. So I think the better…

31:51
AI gets of sending the customers things that they really like. Like, don’t send me an email with a dress that I’ll never buy. But if you know that I’ve looked at something and you’re sending me an email telling me that the price dropped or that it’s back in stock or that they have this color that I actually buy everything else in this color, my journey has gotten so much better when it comes to the whole buying experience. I think the most egregious error that I had a company make was when I bought a pair of shoes and they sent me emails about women’s clothing.

32:21
Maybe they know something that I don’t. My personal pet peeve is when you buy something and the next day you get an email from that company with that exact product and it’s now 25 % off. I feel like with all of this AI integration, that can be avoided really easily.

32:48
You can exclude people who purchase, I mean you can already do this, but I feel like this is gonna make it even more intuitive and it’s gonna be even easier. Excluding people who’ve already bought, excluding people who’ve bought that exact product in the last 48 hours. Don’t send a sale email to that. All those things where as a human, that can be, you can forget or it can slip or you can forget to add them. There’s like lots of opportunity for error. And I think this actually makes things so much better for everybody, right? The customer.

33:18
the store, the marketing person. And I think also, don’t people want emails in their inbox that are relevant? I do. I don’t want a bunch of garbage. So I think it provides a much better experience for the shopper. Yeah. And one thing that I think Klaviyo is really trying to do is prevent people from just blasting their entire list. Yes. And so there’s one seller summit talk, I want to say

33:47
a couple years ago, where they talked about how you have different segments of customers that are in different stages of the purchasing journey. So like you have people who will buy from you no matter what they buy in bulk and they buy a lot. Then you have customers that buy often, but they don’t spend that much money. Then of course you have people who bought like buy occasionally and then there’s people who haven’t purchased at all. And it’s important to understand who those people are because you’re going to want to send messages

34:16
differently to those people. Like for example, for your best customers, I know it’s ironic that you’re punishing your best customers, but we don’t send out coupons to our best customers because we know they’re going to buy anyway. We reward them in other ways, like with loyalty points or something like that because a coupon is not going to, I mean, they’re to buy no matter what. Whereas someone who hasn’t bought at all, maybe you just want to give them a bigger coupon to get them to buy for the very first time.

34:45
I’ve seen that that works, right? If you are talking differently to different types of customers, it really does make a huge difference in your return on investment, basically. I think another thing that was important that they talked about, and fortunately, it doesn’t apply to you or me, but I know what applies to a lot of companies is they also have done a lot with people who operate on a subscription basis, right?

35:14
So basically that subscribe and save model, which I think that to me, we talk about this with like the course and stuff of like subscription versus one time and you how does that work? But I think when you have a subscription based business or even a component of your business that’s subscription based, understanding when people fall off is like a game changer for your business.

35:40
because you have to figure out like, okay, when do people stop using it, stop subscribing and how do we keep them longer, right? What do we need to do? How do we need to talk to them? What types of people drop off at what point? Is it based on the type of product they’re ordering? You know, there’s all these different factors, right? And from what I saw in the presentation, it feels like there’s a lot of AI tools that Klaviyo is using to help subscription-based companies understand

36:08
their customers better and keep them longer. And I wanna say they had an example on the screen and I wanted to say like it was like a 54 % boost in retention for implementing some of these AI strategies of how you talk to people, which could be, that could be game changing for a business, right? To be able to keep people for that much longer. So I think if you do have a subscription-based business, which neither you or I do,

36:38
This is actually a very valuable product now for you. I mean, I wish I had a subscription base. I know, me too. Hanky the month club. I don’t think it’s going to work. No, probably not. Then also, if you happen to have an app, we have a mutual friend who has an app. You can actually incorporate all this stuff into an app now as well, whereas you could not do that before.

37:07
And then probably my favorite part of the know what this is going to be. Oh, you do? OK. They have an API where you can connect Klaviyo to any website. I’m not on Shopify. Right. So anytime I need to integrate something, I pretty much need an API to do it. And this probably doesn’t apply to a lot of people listening to this. But let’s say you want to integrate. Let’s say you didn’t choose Shopify, for example.

37:36
And you’re on GoDaddy for some crazy reason, because they got you on their site and you have a store on there. You could integrate Klaviyo GoDaddy with code, whereas you wouldn’t be able to do that before. Of course, if you’re on GoDaddy, you’re in trouble anyway. Right, there’s bigger problems on that. You got bigger problems. But the point is that you can integrate with any platform, even if there isn’t native support for it. Well, doesn’t that also mean, and I am not a developer, that

38:04
people can build apps for Klaviyo too. Like it works both ways. So it Yeah, that’s interesting actually. Because there’s no Klaviyo app store as far as I know. yes, it opens up. So I think, I mean, I always like it when tools open up their API because I feel like it opens the marketplace for things. But I also don’t understand it enough to know like the dangers and the

38:33
pros and the cons of anything. So I just know that it makes you happy, so I’m happy. Well, here’s one thing that they talked about that we didn’t actually mention here, is that you can put together sequences to gather information about a customer. So, for example, let’s say you sell body wash in SMS, you can ask them, hey, you know, what’s your favorite scent? What type of skin do you have? And then each time they answer in a sequence, yeah,

39:01
you can gather data about that person and store it in their customer profile. I can’t stress enough how much knowing things about your customer makes them happy, makes the customer happier. Let’s just say, let’s talk about shampoo. You sell shampoo, right? You sell shampoo for oily hair and thin hair and curly hair because most shampoo manufacturers have a bottle for every hair type, right? Well, if you have limp

39:30
straight hair, right, that always looks greasy, you don’t want a product that’s like for thick, luscious hair, right? Because not only are you not gonna buy it, you’re now ticked off because you don’t have thick, luscious hair. So if you only get like the content that is related to you, or if, you know, I remember one time, like probably 10 years ago, I got an email for like,

39:54
plus size fashion, like size 22, like 22X and up, right? Which is like, you’re not familiar with like sizing, like 22X is like you’re getting two seats on an airplane, right? So like, I was like offended. I was like, yeah, I’ve gained like five pounds, but calm down, you know? So it, but immediately like I had a negative reaction to the brand, right? Cause I’m like, my feelings got hurt. So I think if you like being able to like take people through that survey process,

40:24
and get more information about them. then, you know, if they feel like they got a big butt and they don’t like it, you’re not gonna send them stuff that makes them look like they have a bigger butt, right? Like whatever it is, you’re not playing on people’s insecurities, you’re playing on the things that they like. And so they just feel much more accepted and they have much more positive view of your brand. Yeah. I mean, all I can say here is I’m really excited about these features because

40:52
You know how I don’t like to pay for SaaS apps. Yes. So right now I have different ones that do a whole bunch of different things, right? And it’s piecemeal. got to log into each one. Yes. It’d be nice to just only have to log into one tool for practically everything. And that’s essentially what Klaviyo has done with these new set of features. They’ve created a salesforce.com for e-commerce.

41:16
Maybe that’s the best analogy. I’ve only used Salesforce a couple of times. I like I haven’t used it, that’s what it feels like. I used to want it back in the day when I used to work too. Basically, it’s just you have all the data about every customer and you basically make your decisions off of all that. I feel like it’s like Klaviyo using AI for good as opposed for evil As opposed to spamming like Google and YouTube. I feel like at the end of the day,

41:46
It’s making the experience better for every single person. It’s making the experience better for your company by giving you more opportunities to generate revenue. It’s making the experience better for your marketing team, giving them the information to make better marketing decisions. And most of all, it’s giving your customers a significantly better experience by tailoring every piece of communication in a personalized way to your customer.

42:13
Hope you enjoyed this episode. These new features make it super easy to send targeted emails and texts to your customers. And I’m super excited. For more information and resources, go to mywifequithejob.com slash episode 582. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you want to hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event.

42:43
go to SellersSummit.com. And if you’re interested in starting your own e-commerce store, head on over to my wife, QuitHerJob.com and sign up for my free six day mini course. Just type in your email and I’ll send the course right away via email.

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581: The Must-Attend Sessions at Sellers Summit 2025 : Here’s The Agenda

581: The Must-Attend Sessions at Sellers Summit 2025 : Here's The Agenda

In this episode, Toni and I walk through the must-attend sessions at Sellers Summit 2025.

We’ll break down the key sessions that offer the most value, whether you’re an experienced seller or just getting started. Tune in to find out what’s on the agenda and how to make the most of the event!

What You’ll Learn

  • Discover the latest strategies for boosting your sales
  • Get insider tips from successful sellers that can help you navigate common challenges
  • Learn how to leverage new tools and technology to streamline your business and stay ahead of the competition

Sponsors

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. In this episode, Tony and I are going to break down the sessions and the curriculum we’re covering for Seller Summit this year on May 6th, 2025. Tickets are now on sale over at sellersummit.com and the prices are now going to go up every two weeks until the event starts. The Seller Summit is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online.

00:29
Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet. I personally hate large events, so the seller’s summit is always small and intimate.

00:58
Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past eight years. If you are an e-commerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers. The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th. Right now, this is the cheapest the tickets will ever be. So head on over to sellerssummit.com and grab your ticket.

01:28
Now onto the show.

01:36
Welcome to the My Wife, Quit or Job podcast. It’s exciting times. Seller Summit is coming up in two months and we’ve been putting together the curriculum and I’m super excited about this year. Yeah, me too. have some… Every year, I hate to say we have great speakers this year. We don’t have great speakers every year, but this year I’m even more excited for what’s happening. Yeah, I I always get…

02:04
the jitters actually leading up to the event because it doesn’t start coming together fully until maybe two or three months before the event and things are just starting to come together right now. So I get the jitters too, but here’s the thing. So I’m going to a conference tomorrow, right? I’m leaving for, I don’t even know the name of the conference. It’s a newsletter conference, right? About email. And we got the schedule yesterday.

02:32
Oh, really? That’s hilarious. Like not just like the schedule, but like I signed up for this not even knowing what the sessions were. Like they had the speakers listed, but they didn’t even have sessions listed until I think the email came yesterday afternoon and it came sometime yet. like the week of the conference is when I got the information. And I feel like that’s pretty standard for conferences, which is crazy to me because we usually have everything settled about.

03:00
two months before, but that to me causes stress. Like I want it even further out than that. Well, mean, it’s just, it’s not top of mind in the speakers until it gets close, right? Yes. Then they start panicking and putting together. For example, I actually still don’t know. Like we have a you’re not on here. What’s going on? here because I’m not a hundred percent sure what I’m going to talk about. I usually just try to fill in the blanks of what’s missing. Yes. So I usually put myself kind of last or figure out.

03:29
I mean, there’s a number of things I can talk about, but they are kind of all over the place, the topics that I would cover. So whatever is not filled is what I’ll cover basically. So let’s dive in. So people, if you haven’t heard of Seller Summit, first of all, shame on you. It’s surprising to me, we’ve been around for so long. We’re on year eight, conference eight. We’ve been around a little long enough because of the pandemic and stuff like that. There are people that still don’t know that like someone’s

03:57
told us that they thought we were invite only. Do remember that a couple weeks ago? Yes. Yeah. I was like, we were never invite only. That wasn’t even a thing the first year. So anyway, we’re not invite only. Everybody’s welcome to attend. The other question that we get is, do I have to already be selling? No, you don’t. Most of the people that attend are already selling. They already have a brand. Correct. But we absolutely welcome beginners.

04:24
The other thing to think about is because I think our friend Charles was talking about this on office hours last week that sometimes the sessions like are the sessions going to be too difficult, right? Am I not going to understand anything? And my theory on this is you always want to go to sessions that are a little bit further along than you are to help you grow in your business journey. To me, if you’re going the beginning stuff to me can be learned on the Internet.

04:51
Right. That can be learned from YouTube videos, from signing up for a course, but it’s those deep dive, like the deeper strategies, the ones that like the true top pros are using to me that you want to go to an event and learn about because you’re learning about like the absolute cutting edge things that people are doing right now in e-commerce. And so to go there and hear it and be able to like be at the beginning of your business journey and be able to implement some of these things that other people

05:18
don’t know for 10 years is a huge advantage, especially when it’s getting so competitive right now. And the other thing is we’re one of the very few conferences, I want to say, that covers both Amazon and selling on your own store. I would say the bulk of the events, at least in my circles that I hear about, are pure Amazon. Yes. And we both know that Amazon has gotten super competitive since last year. Yeah.

05:44
If you’re selling only on Amazon, you’ve got to be thinking about diversifying to other channels, including your own online store. Yeah. And most Amazon folks that we talk to want to diversify, right? That it’s on their list of things to do. But it gets really overwhelming because Amazon can also take a lot of time. It’s so funny because we always talk about back in the day. But back in the day, you could pretty much throw stuff up on Amazon and put it on autopilot and work five. It was like truly the five hour work week or four hour work week, right?

06:12
It’s not really the case anymore. It’s gotten so competitive and with all of the overseas sellers, primarily Chinese sellers, with 20 listings of the same product and things like that, you have to be far more involved in the business or be paying people to be far more involved. So thinking about your own brand is really important. Yeah, and then actually my favorite part of the event is if you actually already have a business that makes over 250K or $1 million,

06:39
We actually run a mastermind on the very first day. And this is where we put together companies that are at a similar level. We make sure they don’t compete. And then we kind of get together in a room in groups of 10. We cater in food and we just basically help each other with our businesses, kind of hot seat style. And this has traditionally been one of the favorite aspects of the event. And again, in order to qualify for the mastermind,

07:05
you do have to have a business. However, we did start offering a different mastermind on We’ll get to that a minute. Let’s finish up the e-comm mastermind side of things. I’ve had people tell me this has changed their life, which I feel like is a very strong statement from somebody. We’ve heard this over and over again that just the mastermind itself was just revolutionary in their business. It’s not

07:35
It’s not just about the mentor. We always put a mentor in the mastermind to sort of basically keep track of time, make sure everybody stays on topic, things like that. But it’s the other people in the group that can really help you and help you grow and like kind of move to that next phase in your business. And what I found is interesting is there’s a lot of like mastermind spin-offs where people meet at seller summit, right? They’re in a mastermind together and then they actually continue this for years.

08:05
Meeting and you know on a monthly basis or every other month basis to continue You know the strategy sessions and things like that plus the relationships. I mean, it’s honestly a lonely process running any business So to be able to meet other people who are at your level Doing the same things is actually really refreshing my businesses didn’t start taking off until I started forming virtual masterminds actually. Yes

08:31
And I think the important thing to note in this, because we’ve gone to some other events that try to do something similar with a little less structure, but we are very picky about who we put together in a room. So we try our absolute best never to put competitors together because especially if you’re only selling on Amazon, you really don’t want to be in a room with someone who’s selling the exact same types of things.

08:55
And we also, because a lot of people who are in the mastermind have been coming to the mastermind for a couple of years, and we also haven’t filled out a pretty extensive questionnaire, I try to match the personalities, because I do think that’s really important. If you know certain people are more introverted or more extroverted, you wanna match them with people that can sort of handle their temperaments.

09:19
And so everybody goes in that room, hopefully getting the absolute best experience that they possibly can. And obviously we don’t know every single person that goes to a mastermind. So there’s always wild cards, you never know. But we try, we spend probably the bulk of the conference planning on these masterminds and getting the right people in the same room together with the right mentors. Also the mentor matters a lot, like who gets placed with who.

09:43
And you might think that if you sign up for the mastermind, you don’t have that much to offer. But after running these masterminds for eight years now, everyone has something to contribute. Everyone does things in their own way. And you might not think that that’s an efficient way of doing things, but you’d be surprised that the way you do something is just way different. Or you’ll have someone in your group that just does things differently that exactly fits your business. It happens every single year. Yeah.

10:11
So what we found after running these e-commerce masterminds for, we didn’t do it the very first year, but we’d started at the second year. So after the second year, we found that there were people who were newer in their selling journey and maybe they already had a store, but they were only doing 100K or there’s even been several people who hadn’t even started yet. They had a product idea, right? And they’re like, well, what about me, right? I want that same opportunity to strategize and network on a deeper level.

10:38
And so a couple of years ago, we came up with the content mastermind because you and I both believe very strongly that content is critical when creating a brand these days. Like you cannot do that without that content creation. And so we created a secondary mastermind for people who don’t meet that revenue threshold. Although you can meet the revenue threshold and join the content mastermind because we have that happen every single year as well. We had several million dollar sellers in our content mastermind last year.

11:08
And we focus primarily on the content side of things. So we’re not talking about product sourcing or, know, one year in one of my masterminds, EECOM, it was all about shipping. Everyone wanted to talk about shipping and reducing shipping costs and how to, the strategy for that, right? We don’t talk about that. We talk about things like YouTube, TikTok, email marketing. That’s really the focus of the content mastermind. And that to me has been, so I’ve been running that for, this is the third, the fourth year.

11:36
2002, 2003, Is it the fourth year? Wow. Yeah. this will be the fourth year of the content, I think fourth year of the content mastermind. And it’s been really fun because the diversity of opinion in there and what people are doing. one year I remember there was a group, they did like kids, it was like for autistic kids, right? So was like toys and puzzles and things, but primarily geared towards kids with like learning disabilities and autism.

12:02
and they were doing like webinars and videos and they just had a crazy, you know, content strategy and they were in there and they were helping like everybody in the room. So we always get such interesting people in there really sharing their strategies. Last year we had a couple people that were like diversifying into real estate. So they were basically taking their profits and one of them, one of our friends Ming, she was actually buying commercial buildings and then using them to create like…

12:29
fulfillment centers and where like there’s just like all these different things that are going on and You know, so there were several other people in that room that were interested in doing something like that basically getting a building so they could work in it but rent it out and like what are the tax Implications and it got like super in the weeds with that kind of stuff but very interesting content and I think that’s really fun, especially with the rise of video and the importance of video usually video is a heavy heavy topic like that’s

12:59
you know, probably 60 % of the conversation in that content mastermind these days. I mean, here’s how I see it. If you’re only on Amazon right now and you want to sell more on your website, you want to create your own brand, which is where everyone should be going. You need some sort of content component. Yeah. Today. It’s not like, you know, five or six years ago where everything was much easier. These days, you you got to build a brand in order to be in this for the long game. Yeah.

13:27
So, and last year we had one attendee who had, I think he was trying to get a patent. He had a business idea, he was trying to get the patent and he actually got tons of feedback on like his strategy and his launch strategy and actually changed some of his strategy based on the feedback from other sellers in the room. So you just never know where you’re gonna end up in the content mastermind as far as like the direction, but I do think the information in there is really, really valuable. And.

13:54
It’s funny because last year we had several people, million dollar sellers sign up for the Content Mastermind. So I reached out to them and I said, hey, did you sign up for the wrong mastermind? Did you mean to sign up for the e-comm one? And they were all, no, absolutely not. Like I wanna be in here. The other thing I’ve noticed is sometimes we have business owners and they sign up for the e-comm mastermind and they send their right hand, they sign up for the e-comm one and they send their right hand to the content mastermind.

14:22
And so they sort of divide and conquer. So it’s a really fun group. I think we only have one seat left in the content mastermind. Oh, is that right? Yes. OK, I didn’t check the. We actually might not have any seats because we sold some tickets this morning and I didn’t check to see what bucket they were in. OK. But worst case scenario, we might divide it up and make two content masterminds. Although I don’t like doing that for the content group. But we’ll see. We’ll see where it goes. Yeah.

14:48
The other thing I also want to mention is for some reason I get a whole bunch of legal questions or everyone often has a lot of legal questions. So I just want to give a shout out to Steve Weigler. He’s a lawyer that helps out with the event and he’ll just sit down and talk with you for free like a lawyer that bills out for hundreds of dollars an hour will answer all of your legal IP protection questions at the event. So if you’re worried about getting knocked off or

15:15
if you want to go after someone in China, he’s actually done it all. Yeah, he’s he’s great. And he’s so generous with his time. Typically, what he does is sends out a like a calendar before the event where you can actually block a 30 minute free consult with him during Sellers, which I think is a fantastic like honestly, that’s the price of your ticket. Yeah, no, exactly. Yeah. I mean, and what’s interesting is we know lots of people who work with him outside of Sellers Summit and, know,

15:45
It was that session that he did with them at seller summit that usually sells them on working with him because he’s so generous with helping people In fact, he’s even done like I know he’s done people’s prenups. He’s done all sorts of stuff. Like I mean, he’s an e-commerce attorney for sure But like I know he’s helped people with lots of different things in fact, our friend Kelly is working with him right now on some some intellectual property stuff and

16:11
Yeah, he just he knows his stuff and he what I like about Steve is he’s like the nicest guy like he’s so nice But like when you get him on like the e-commerce subject, he’s a bulldog, right? Like he’s like we will take him down, you know, and you’re like what happened to nice Steve? Anyway, he’s great. I love having him there. He’s such a valuable resource and Really helpful for the attendees. Here’s the other thing that usually happens. So Clavio sponsors the event practically every year

16:41
And most e-commerce store owners are using Klaviyo as one of their primary email marketing or just marketing engines period. So Klaviyo usually sends out someone to help answer all Klaviyo questions as well. So and I don’t know, I always have some Klaviyo questions or or they’ll cover some strategy that I’m not doing. So they’ll be there also to answer questions and I guess give you a consult. Yes, you can get a consult from Klaviyo. What what I love about Klaviyo is they don’t send booth babes.

17:11
two conferences in general. Have we ever gotten a booth day before? don’t know if we’ve ever gotten a booth day. But we also specifically tell people, please don’t send us your PR person. Send us your product people. so Klaviyo, had, I remember, do you remember Jessica from last year? She had like shorter hair. She rocked it. Like she was like sitting down with people, like opening the account. The funniest part about Klaviyo last year was that I was doing a talk on email.

17:38
And it’s all Klaviyo based, obviously for e-commerce. And as I was like up on the stage getting miked up, I see the entire Klaviyo team walk in and sit in the front row. And I was like, ah!

17:50
I was so nervous. was like, I just got like 10 times more nervous than I normally do because I’m thinking like, I hope they agree with everything I’m teaching people or I’m in big trouble because every single slide is like Klaviyo based only because that’s what I use for e-commerce brands. And yeah, that was nerve wracking to say the least. I didn’t realize that. That’s hilarious. I’m sure they’ll do the same. Yes. Well, well, let’s let’s talk about a couple of sessions. Sure. Yeah. That you want to talk about yours. Yeah, because I’m not I’m not.

18:19
fully talking about email this year, because Klaviyo skeeved me out last year. Actually, no, I think Klaviyo is going to give a basically Klaviyo how-to little session. With their new features, which at the time of this recording, I’m sure most of you guys have not heard about them. Tony and I got invited to their launch event where they launched a slew of amazing features, which we’ll be covering on this podcast. Yes, we will absolutely be covering.

18:46
probably in the next couple of weeks, but they will be basically showing you how to do all the things. Usually, I think it’s gonna be very similar to the talk that I gave last year as far as the Klaviyo features that you probably aren’t using that are available to you and can really revolutionize your business, especially in your email marketing.

19:07
And I’m more than happy to let Klaviyo tell you because they will give you some of the times when I create flows and things like that, I’m always worried that it’s like this the best way to set it up. You never know. Right. Like I think it’s the best way, but it might just be the way that I do it. And so I like that they’re there and can basically second check or double check everything that you do. So because Klaviyo is going to handle the bulk of email, I’m actually going to talk about how to use email and YouTube together to grow your brand.

19:36
I am in the throes of YouTube launching right now for one of my clients and we are seeing some really good success and interesting stats for this. And I think if you are an e-commerce business and you already are selling, right? So this is primarily for people that already have an email list. It doesn’t have to be big. Let’s just say you’ve got 5,000 people on your email list. You’re in a position to launch a YouTube channel. And I think this is…

20:05
going to be a game changer for e-commerce brands that are able to do this well. So I’m going to talk about what we’re doing and how we’re growing it, how we launched it specifically, and how we then use email to basically seal the deal. So the goal for this is really you get them in with YouTube and you seal the deal with email or ads. I’m not going to cover the ads, but you can seal the deal with ads as well. But I think this is going to be a really great session.

20:31
and something that I think is really within reach of most of the brands that come to Seller Summit.

21:00
all the way to getting your first sales online. Now this course is free and can be obtained at mywifequitterjob.com slash free. Just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

21:19
Actually, if you’re talking about ads, Brett this year is going to be covering all things YouTube ads. Shoppable ads and all the different, because TikTok shop revolutionized this, I want to say, or they’ve done it well, where you can just shop directly within the platform. YouTube has something similar as well. Brett’s going to basically talk about the shoppable advertising landscape. He knows so much and he’s great. His roundtable is always packed.

21:49
always wants to answer every question and he runs an agency and I feel like once again, getting 30 minutes with Brett is worth the price of admission. I’ve seen him, open up your computer, let’s look at the backend, what are you doing, what’s set up, why isn’t it working for you? I’m excited to have him back. He’s such a great presenter and he usually brings some of his family, so it’s always fun to see them too.

22:17
The next speaker I just want to highlight is Sally Wilson. She is one of the favorites, one of my favorite students that’s ever taken my class. She’s doing extremely well. She doesn’t really sell on Amazon at all. Instead, the way she sells is she’s built this community. Her store is called Caterpillar Cross Stitch, where she sells cross cross stitch kits and supplies and the community that she’s built. she’s actually even run an event for her store, which is pretty unheard of.

22:47
Oh, that’s amazing. She’s going to teach everyone in the audience how she’s done exactly that with her brand. Will she also teach you how to finish a cross stitch that you started in 1994? The reason why I’ve been trying to get Sally to come for many years now, she’s in the UK, so it’s a trek. She’s going to make the trip this year and I’m super excited. That’s very exciting. I’m excited for this. A couple of years ago, we had Alicia.

23:13
talk about community and that was one of the favorite sessions at that year’s Seller Summit. I’m excited to have another speaker come and talk about using that community to grow your brand. I think this is one of those underutilized marketing tactics in e-commerce because it’s not easy. It is hard to grow community. If you know how to do it, it’s-

23:40
It’s something that you can teach yourself how to do, right? Like you don’t have to have any special skills. It just requires the dedication to do it, which I know is something that you have never liked to do to the community. That is like your least favorite thing. is because it takes so much effort to do. But if you can do it right, mean, that basically future proofs your business. Well, that’s thing to think about, right? Is that, yes, it does take a lot of effort. But if you have a strong community,

24:09
It doesn’t matter what the economy’s doing. It doesn’t matter what’s happening. It doesn’t matter if you have to raise your prices. I see this all the time in Tiffany’s community where if they have to raise the prices, there’s gonna be the two or three people that start complaining and whining, and then there’s gonna be the hundreds of people who pile on and defend you no matter what. I’ve seen in communities where people will…

24:32
talk about something and the audience will be like, do you have an affiliate link? Can I buy this directly from you? How do I make you the most money? Like when you get that community going, people are begging to give you money. So it doesn’t even feel like you have to ask. It just feels like, oh, well, once you’ve done the work, it just, then it becomes on autopilot. And it’s just about maintaining the community, which is significantly easier. Yep. So moving on.

25:00
We’re in an interesting period right now with Trump as president. Tariffs, all these changes for importing. So I’ve invited two speakers to come talk this year about how to find suppliers outside of China. So we have Annette, who’s going to be covering Made in the USA. Believe it or not, we still make stuff here in the US. And I’ve actually recently shifted one of my product lines to manufacturing in the US.

25:29
So Annette’s going to cover that, specifically in terms of textiles. And then I’ve invited my buddy Jim Kenimer, he runs Cosmos Sourcing, and he’s going to cover Mexico and Vietnam as well. Because we always hear about China, China, China. And, you know, I mean, that’s where a lot of the tariffs are going to be targeting. Plus, it’s gotten more expensive over the years. So there’s other countries out there that are less spoken about. People know

25:59
less about how to source from there. And that’s why having these two resources, and Annette, is going to really help out. And I think it’ll be interesting, especially with Annette, how do you source in America without just losing all your profit margin? What’s the strategy? How do you do it? So I know that will be a very popular session. Both of them will be very popular because people really want to find alternatives.

26:25
We brought Andrea back. Was that a good idea? I love Andrea. Andrea is one of our last year. People were asking not only could she could they hire her, but could they be her? Could she be their best friend? She always delivers a great session. And this year she’s going to talk about meta ads, which is really we don’t ever let Andrew talk about meta ads. which is weird. Because I did the meta ads last year. She should have done it. That is her thing.

26:52
She has consistently driven some ridiculous ROIs on meta ads for the last seven years. Through all of the changes, through all of the updates, through everything that’s happened. Here’s where I think Andrea really shines, is she understands Facebook audiences and all the strategies behind that, but she also understands how to pivot. For example,

27:21
one of her clients last year, just the ads just went in the toilet on Black Friday, which is, you think of a worst time for your ads to go in the toilet, right? And it’s like, so what do you do? And if you work with an ad agency, typically they’re like, we’re doing everything we can, and it’s just like, give us more money. And Andrea basically did a deep dive into why there were issues and basically within three or four weeks turned it around and figured, and I don’t know what she did exactly, but she’s gonna share this stuff.

27:50
with you guys at Seller Summit, but basically to the point where after Christmas, this client had their best December and January of their entire business life. Amazing. Yeah. So just the ability to go in and go, OK, we have a problem, which everyone runs into this, right? Something happens with Facebook. And then figuring it out and restructuring what you’re doing to make things work again. So yeah.

28:16
It’s to be a good never heard her speak. She’s extremely detail oriented and practical. Yes, very practical. She is like Miss No Fluff. Yeah, she’s like Miss No Fluff. Yeah. Yeah. The only fluff you’re going to get is a Harry Potter story or two. Well, what I like about her talk last year is you could just sit there and exactly implement what she was teaching at the actual session itself. Yeah. She had little…

28:40
flow charts and all sorts of stuff that told you exactly what to do. It was all timeline-based, so you could just implement it. Very, very smart. Excited to have her back. She’s almost an OG. She’s been to every year but the first year. She didn’t go the first year? No, because she wasn’t in e-commerce back then. That’s right. Took her a year to believe in us. Chris Shaver’s coming back. He is an OG.

29:10
I feel like Chris is like, just talk about whatever you want, Chris. That’s true because he always does a good job. He knows so much about so many things. I feel like this is what happens when you don’t have children. You get to know everything about everything. Steve and I are limited. That’s true, especially these days because the kids are older now. I feel like Chris Schafer has done it all. He’s sold on Amazon, he’s sold on Etsy, he’s sold on Shopify.

29:39
He’s built communities, he’s had websites, he’s done affiliate marketing, right? He’s done all the different things and he’s gonna basically this year talk about how to build that audience and sell on your own terms, right? So you don’t have to play the Amazon game 100 % of the time. You can have a whole nother department in your business where you are selling directly to your consumers and…

30:02
How do you leverage SEO, social media, all those things to build this truly lasting brand? I’m always excited for him. He always does a great talk. Yeah. He he hits a home run every year. I don’t know how that’s possible, but he does. He does. He’s just a great speaker too. Yeah. And he’s helped out a bunch of other companies because he’s actually, I want to say a fractional CMO for several companies also. Yes. In addition to the brands that he runs. Yeah. And so he just has a wide breadth of knowledge.

30:32
We should do a game when you’re at seller summit like stump Chris Schaefer. I don’t think anyone can. I noticed whenever he opens up the Q &A, he’s like, oh, yes, I did this back in 2023. Oh, yes, I did this in my own business. Oh, yes, I did this for a client. He just has a huge knowledge base for e-commerce. He’s such a, not only that, he will talk to you before the sessions, after the sessions, in the bathroom. He’s been cornered in the bathroom before. He’s told me with questions.

31:02
I’m just always willing to give information to people and I love that he’s back again for another year. I’m really excited for Ritu’s talk. So last year we invited Ritu to come talk about AI. Yes. And she blew me away. Like I use AI in a lot of ways. Yeah. But she blew me away in the different ways that she uses AI to basically boost Amazon businesses. Yes.

31:28
Although this year, I’m not exactly sure what direction she’s going to take with AI, but I do know that she and Bernie have a technical background. And so they use it for a lot of ways to automate various tasks with your e-commerce business. So I actually don’t know the details of her talk. I just know it’s going to be good based on what she did last year. And what I know is that last year she had, I want to say the most popular talk at Seller Summit. Possibly. Yeah. I got the most feedback from her talk.

31:58
more people were like, this is game changing, revolutionary, just like mind blown information. And she once again has that Chris Schaefer, you know, presentation vibe of just very relaxed, knows her stuff, can answer any question and also very willing to help always around during the whole event. So you can ask questions, which kind of brings us a little bit. I don’t want to get too off topic, but the round tables, which I think are

32:28
You like the mastermind, that’s your favorite. The round tables for me are probably one of, they’re a pain in the butt to logistically for me, but for attendee value, 10 out of 10, because basically what our speakers do is they not only agree to speak for us, which is amazing, but they agree to run a round table, which is usually another hour out of their schedules where we have literally round tables set up all throughout the conference venue and

32:55
The speakers, basically they get like a little placard that says, hey, this is where, know, Ritu’s sitting and you can go to their table and ask them absolutely any question you want. If there was something you didn’t understand in their talk, you can ask them that. You can ask them about, you know, something that did you want it to go deeper in? Because obviously when you get on stage, you can only go so deep with information. So that’s your chance to get a deep dive about information with our speakers or just ask them about other things that you know they’re an expert in.

33:25
and they didn’t maybe cover that on stage. So this is always a favorite part of Seller Summit. And people, feel like it’s really hard to get people away from those tables at the end of the time. Like that is one of the biggest challenges is getting people to go back to their seats for the closing keynote. So I think last year someone plopped down next to Brett Curry and literally had him look at their Google ads.

33:51
Yeah, like right right there in front. Yeah, and so it was like a free consult session Yeah, here’s here’s how i’ve always felt about going to events a speaker goes up and they speak for however long And then they take like maybe one or two questions. Yep, and that’s it So the round table is a way to make sure that your question gets answered by the speaker So yeah, that’s so in all most almost all of our speakers do a round table And then also the round table is a great time to talk to um

34:20
the Klaviyo guys, Steve Weigler, our friends from Quiet Light. If you’ve ever thought about selling or buying a business, we actually have a lot of attendees who bought their business and that’s how they got started in e-commerce. They are so knowledgeable. Once again, they don’t send, I mean, they have booth babes, but they’re not booth babes at Quiet Light. You know, I’m talking to you, Chuck. They are so knowledgeable. I know our friend Liz.

34:49
when she started her business, she built that business to sell. And so from day one, she had a quiet light advisor to, how do I even set up my business the right way so that when I wanna exit, I’m not like, we hear horror stories of people who wanna exit and everything’s such a cluster that it becomes so much more difficult than it probably needed to be. And so whether you’re in the, think I wanna sell, I’m interested in buying another business or acquiring a business.

35:16
They are the best to talk to and the roundtables are a great time to get uninterrupted free consultations really is what it is. It’s free consults for you guys. And another person who is so generous with our knowledge is Pam from RPC. I don’t even know what to say about Pam because we love her so much.

35:39
And she once again, I’ve seen her at seller summit. People are like, I have a container. It is stuck in Pam’s like click, click, click, click, click. Now we have your container kind of thing. And actually, I heard a story about Pam just yesterday where one of one of our seller summit attendees had an issue with their container was stuck in port and they couldn’t get a chassis. I’m going to mess this story up because I don’t know what all these terms mean. And they had a different freight forwarder.

36:09
And the freight forwarder was basically ghosting them, like was not helping them. The container was stuck and Pam literally took over mid forwarding and had the container delivered within like three days. Like it was like some insane amount of time. So she just knew exactly who to call. You know, and I’ve heard like when other people say, oh, we can’t get this for a week, Pam will have it to the next day. Right. Like, so they do a great job. And once again, she’s a seller, some of OG. is.

36:38
Yeah, the round tables and just you will always see Pam. She’s always hanging around. love that she’s wearing a fluorescent pink or fluorescent yellow pink or yellow jacket. She’s so adorable. And she is there to help you no matter. And she’ll even say, even if you don’t use me, I want to help you. And so I love that everybody that attends Seller Summit is so willing to give of their time and their knowledge. And Pam is absolutely no exception to that.

37:06
Okay, I think we have a couple more to talk about. So there’s actually more talks than what we’re talking about because not everyone has submitted their topics yet, including myself. I have no idea what I’m covering just yet. But I invited Jeff Oxford back because you know, we’ve been kind of poo-pooing Google on this podcast. But despite the fact that we’ve been poo-pooing Google in the e-commerce world at least, it’s different than the blogging world.

37:33
E-commerce, ranking in search is still a big deal. so Jeff is going to talk about all the changes in SEO and how to still get your e-commerce store to rank in 2025. And if it doesn’t work out, then we’ll just put Jeff in a dunking booth with a big Google t-shirt on and everyone can just throw bean bags at the dunk booth and dunk Jeff. No.

37:55
Jeff is another one of those who just does such a great job of explaining things and breaking things down into a very understandable. SEO is complicated and there are so many different components to it. I feel like every time I have a conversation with Jeff, everything just makes sense at the end. He’s a great speaker, usually has a great case study when he talks to help you understand how in your business things would work if you follow the strategy.

38:24
So I’m excited to have him back. He came a couple of years ago, did a great job. once again, get your free SEO session at the round table. Get your SEO consult. He’ll do the same exact thing. He’ll open up your website. He’ll take a look. He’ll run it through all his fancy tools. yeah, I love having Jeff. He’s probably the only guy I trust for SEO because SEO traditionally is a pretty scammy industry. Yes. But Jeff.

38:50
is one of those ones that I trust and he specializes in e-commerce stores. can’t think of, actually, you know what? I can’t think of any other SEO that I’ve encountered that specializes in e-commerce. Yeah. So he’ll be there. That’s exciting. Yeah. And we have more speakers that Steve hasn’t put up on the site yet, but they’re coming. That’s correct. Actually, there’s two that I haven’t actually put up on the site, but I did put up Tiffany’s. So everyone’s been asking us about TikTok shop, TikTok shop, TikTok shop.

39:20
Tiffany is probably the person that we know personally that does the best on TikTok shop. Yes. I don’t know what her numbers are. I don’t know if you’re allowed to reveal them, but it’s a lot of money. She’ll reveal them, Mad Seller. That’s what I love about Tiffany is that there’s never any smoke and mirrors. Whatever she’s legally allowed to show you for the site’s terms of service, she will tell you. I remember last year she’s like, I only made $500,000 this month or something like that. She was all mad about it.

39:50
but she shows basically everything. She is another one of the, I want to say fan favorites at Seller Summit. She has such great energy. She’s so entertaining. Even if you don’t care about TikTok shop, usually her session, you have to fight to find a seat because even if you don’t want to sell on TikTok, you just want to listen to Tiffany for 40 minutes because she does such a great job and she’s so entertaining. Whatever she’s, she’s always working on something absolutely crazy and people want to know about it.

40:19
It’s like a mixture of a teaching session plus stand-up comedy. Yes. Is the way I see it. And the woman has so much energy. Yes. It’s nuts. Yes. For such a tiny little person, she has so much energy and always, yeah, she’s once again, one of our favorite speakers at Seller Summit because she just, she’s so entertaining, but also, you know, a lot of, after I think her live selling a couple of years ago, so a couple of years ago, she did live selling.

40:46
And we had many sellers try life selling after her talk. Including my wife. Yes, including Jen. So anyway, she’s always fun to have and you’ll learn something about TikTok, know, part of me is like, I don’t know how you can’t sell on TikTok these days. Like it’s very lucrative. It’s a great revenue channel. So we’ll see.

41:12
We’ll see how it goes. mean, a lot of stuff is up in the air and I’m sure like some of these talks might change slightly depending on what the administration does. But we’ll see. mean, I’m excited for the lineup. There’s a bunch more talks that we didn’t get a chance to talk about. Maybe we’ll cover that in a future episode. But yeah, if you guys are interested in coming to a small intimate event, full of networking, full of learning, come to sellersummit.com.

41:41
That’s the URL sellerssummit.com.

41:46
Hope you enjoyed this episode. If you have any questions about the event, send me an email at steve at sellers summit.com. For more information and resources, go to mywifequitterjob.com slash episode 581. Once again, tickets to the seller summit 2025 are now on sale over at seller summit.com. If you want to hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to seller summit.com.

42:15
And if you’re interested in starting your own e-commerce store, head on over to my wife, quitherjob.com and sign up for my free six day mini course. Just type in your email and I’ll send the course right away via email.

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580: Is Starting A Podcast Worth It In 2025? Here’s Our Take

580: Is Starting A Podcast Worth It In 2025? Here's Our Take

In this episode, Toni and I discuss whether starting a podcast is really worth it in 2025. With the podcasting scene booming and also becoming saturated, it’s the perfect time to weigh the pros and cons before diving in.

Join us as we share our insights on the opportunities and challenges that come with launching your own show!

What You’ll Learn

  • Discover the latest trends in podcasting and what listenership is like in 2025
  • How to stand out in a crowded market and grow your audience
  • Hear our take on the potential challenges you might face

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. this episode, Tony and I debate whether it’s still worth it to start a podcast today, given how saturated this medium has become. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025 over at sellersummit.com. The Seller Summit is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online.

00:29
Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet. I personally hate large events, so the seller’s summit is always small and intimate.

00:58
Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past eight years. If you are an e-commerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers. The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th. Right now, this is the cheapest the tickets will ever be. So head on over to sellerssummit.com and grab your ticket.

01:28
Now onto the show.

01:35
Welcome to the My Wife Quitter Job podcast. Today we’re gonna be talking about whether starting a podcast is still worth it today. And I think the last time I checked, there were like a million podcasts out there. And I think to be in like the top, I think it was like top 10%, you only needed like a couple hundred downloads. It was surprisingly small to be in the top.

02:04
Also, it’s top in your niche, right? I think you have a better chance because you can break it down by category. I wish I had that stat. I should have been prepared with that stat, but it was something shockingly low. Yes. It was like, I want to say less than 1,000. Oh, yeah, yeah, for sure. Yeah, yeah, yeah, for sure. What do you think? In the course, we have several lessons on podcasting. We talk about it sometimes in the webinar. It depends which webinar we’re doing.

02:33
We tend to, I want to say we don’t not recommend it for people, but it’s definitely not our first choice for people. Actually, I’ve been a little down on podcasting over the years ever since everyone just flooded in on it because there’s only so many channels and each podcast tends to be pretty long, 30, 40 minutes or maybe even longer like Joe Rogan, it’s like three hours. Yes.

03:01
There really isn’t as much time and as much room for a podcast as per se like a YouTube channel where the videos are much shorter. Yes. You brought me down. Oh, I did? Yes, on the podcasting train. Sorry. I’m just like a Debbie Downer these days. I know. You’re a Debbie Downer this year. 2024, Debbie Downer Steve. The podcast we just released today was the blogging episode, by the way. You’re down in that one.

03:28
So I, you brought me down, but I started thinking about this maybe, well, I have an idea for a podcast, which I don’t want to talk about on this episode, because it’s still, it involves my kids. And so I don’t like to announce things unless, you know, I’ve got their buy-in on stuff. But I’ve been, so I’ve been thinking about this a lot for probably the past like four or five weeks. And I actually think podcasting is still a pretty good idea.

03:55
and for a variety of reasons. The first reason, and we’ve talked about this before, pretty low barrier to entry as far as we know lots of people who try to set up a WordPress website and get very, very frustrated very quickly. And that doesn’t look exactly how they want it to. And most people, when they try to set up a website, they have this idea of what they think it should look like in their mind. And then they have the capability of what they can build with zero WordPress experience.

04:23
And those two are never the same. And so they immediately get frustrated not realizing that initially no one’s gonna read your website anyway. And by the time you have an audience, you’ll have money to pay someone on Upwork to make the tweaks to your website and get it looking more like you like it, or you’ll have enough experience to do it yourself. So I think with podcasting, there’s very little technology involved, right? As far as…

04:46
creating it and there are lots of good tutorials on the web. In fact, you have one on my wife, quit her job. We did. I don’t know if it’s still on there. You might have deleted it. still there. And your SEO and your SEO purge. You have a great tutorial on how to set it up. There are several other people that have great tutorials on the basics of podcasting and will take you from like, here’s what you need to record to here’s how you get it published on iTunes. So I think technology wise.

05:14
Low barrier. People can figure this out on their own. They’re never going to need to hire anyone to help them. I would agree with that. Actually, you can just sign up for a service now, not even have a website or anything and have a podcast. Right? So easy peasy. That therein kind of lies the problem, though. Because anyone can do it. Anyone can do it. And there’s not really a good discovery mechanism. Although I think my views of podcasting might have changed a little bit relatively recently, like in the past year or so.

05:41
because I think YouTube is a great way to proliferate your podcast ironically. Okay, so this was my next point is that what has changed my mind about this is the increase of either full podcast or snippets of podcasts on TikTok and YouTube. Yes. No, mean, that’s a consideration. That’s why it’s on my list to get another video editor just to do the podcast. But again, that takes resources.

06:10
Editing a podcast is a lot different than editing a YouTube video. Yes. Because you need to edit something that’s 40 minutes long. You have to find someone that’s really good at spotting something that’s catchy so you can move it to the beginning and attract the attention and then move on. Then you can’t just have two talking heads in the video the entire time. Correct. It seems like it’s pretty significant resources. Yes, to edit them in a fancy way.

06:39
for YouTube or TikTok. Not even fancy, but just like the basics, not just two talking heads. Well, I think if you’re publishing the entire podcast on like a long form video, absolutely. But what I tend to see is clips of podcasts, especially on TikTok, right? And that I believe is far less editing than editing a full length 40 minute podcast. So I would disagree because you to find someone who can spot those clips in a conversation.

07:08
Very difficult. I was trying to do that. So I published six podcasts, I want to say, on my channel. And they’ve all done reasonably well. Like the highest one has like 60,000 views. And we’re talking like a 40 minute episode here. But to go through and pick a clip that’s interesting, it kind of takes some skill. Like you can’t just hire Joe Schmo to go in and pick like interesting quotes or interesting clips to put on TikTok or YouTube.

07:38
So here’s how I would do it. If I was doing this, I would be as I was recording the podcast, I’d have a pad of paper next to me. And when something interesting was said, I would just write down the timestamp of the podcast. And so that would make it easy to clip it out. And I think you could like I’m saying this is not where you’re even hiring someone to help you. You’re doing this all on your own, because also if you’re just getting started, right, and you don’t have any audience, then you don’t have a huge YouTube channel like you do where you want like better editing for

08:08
putting it on YouTube. I think if you just want to put clips on TikTok or clips on YouTube shorts, pretty simple to timestamp on a piece of paper and then grab it. I think that’s actually pretty low effort. I would agree with that. In practice, I noticed you don’t have your pad out for this episode. Because we’re not putting anything up. Well, no. I already told you that I’m going to. Yes. If you want me to, I can. Not today because I’m not sitting by any pins. I’m at the wrong desk.

08:38
I’m just trying to think if that would ruin my flow, like if I had a guest on the show. I was like, oh, good one. And then jot it down. So I used to do this with our podcasts years ago when we were taught, when we first were like, oh, we should put these on YouTube. I used to do that. then we didn’t. And yes. And then so I don’t think it really ruins your flow because it’s literally just I look up 730. That’s where we are right now. I would just write 730.

09:05
So I think it’s, so here’s why I think this is good though, because I have found myself discovering a lot of new podcasts from TikTok specifically. Cause I watch YouTube for long form, I watch TikTok for shorts. So I’m not really watching short videos on YouTube very often. So for me, like I’ve discovered several podcasts. In fact, when Joe Rogan interviewed, so he interviewed what Trump and JD Vance

09:34
before the election and actually the Minnesota Waltz. I think he came on too, right? Did he do Joe Rogan? did not. He did not. Oh, he must have done a different podcast. think anyone from her campaign went on Rogan. I found myself watching clips of those. I never watched or listened to the full three hours because I don’t have that kind of time. I found myself watching multiple clips of that interview with Joe Rogan and

10:01
like my boys who are 20 and 24 listen to Joe Rogan like full length, right? Like they’ll just put it on in there. Yeah. And so I think one it’s TikTok and YouTube have become a discovery engine for, and it’s interesting because I think the TikTok algorithm is so good that I get served like right now. So I watched the Golden Bachelor. I think we’ve talked about this before. It just ended, but.

10:28
all throughout the time that I was watching the Golden Bachelor, I was seeing a lot of TikToks about the Golden Bachelor. I was also getting hit with the podcasts about the Golden Bachelor. So there are like podcasts dedicated towards either to either like reality TV or the Golden Bachelor specifically or Bachelorette. And so those were being put in my feed. And there were several times where I was like, oh, I would listen to this podcast, like during the Golden Bachelorette, right? would, so it was like, I would never have known that that even existed.

10:57
had I not been on TikTok, been seeing other things in my feed, and then that got served to me. So discovering new podcasts just from the TikTok feed. No, I agree with you 100%. I’m just trying to think though, like that’s Joe Rogan or someone famous coming on in a clip. If you see like a random Chinese guy and like a random person that you’ve never heard of, unless that clip starts really well with a decent hook,

11:26
it’s probably not even gonna do well, right? If you’re not known at all. Correct, except for I didn’t know these two people do in The Golden Bachelorette. I had no idea who they were. Bachelorette is a very popular show, right? Correct, but it’s also something that like you would never stop and scroll, stop your scroll for that. Because you don’t care about The Golden Bachelorette. However, if you are on TikTok and you see someone breaking down Warriors clips,

11:53
Right? Like plays in the Warriors. I know there’s a guy on YouTube that does this really well, but like if you saw someone talking about basketball plays or something in that niche, you would probably stop because that’s something you’re interested in and TikTok will feed you that because you’re watching other creators. I mean, that’s happened. That’s happened many times. I’m just trying to think though. I mean, it’s all in the execution, right? Yeah. I’m pretty sure that the basketball clips that I see on TikTok

12:22
They have really good hooks. It’ll say something like, Yannis is gonna get traded. That’s the start. And then there’s basketball clips of people dunking and whatnot. So it’s all in the execution. If you can make your podcast clip that good, then yeah, it’s gonna work. Well, so last night, this is totally current events. So by the time this publishes, this will be a little bit old. But last night, Cavs played the Celtics. Cavs were undefeated. Only undefeated team in the NBA.

12:51
chasing the Warriors record of what did they go 24 wins in a row. It’s like a big deal because Celtics are the NBA champions. It’s like all this hype. If someone did a podcast last night or this morning where it broke down the game and they had a good hook,

13:12
If I didn’t know this person was, I’d never heard of their podcast before, but they sort of break down big games in the NBA, I would probably give that podcast a couple of listens based on seeing it in my feed. I 100 % agree, but it’s the NBA that attracts me. But if you’re just teaching e-commerce, for example, and then you just bring up two random people that doesn’t have a good hook and whatnot, or anything that’s popular. Yeah, I guess if you’re talking about something popular, you can probably make it work.

13:40
I don’t think it has to be popular though. It only has to be popular with your people. Another example just from this week, our friend Lars sent me a business that was for sale. He was like, you should buy this. I’m like, I don’t know Lars, coming from you. It’s like down on e-commerce. You should buy an e-commerce business.

14:00
But I’ve never really thought about buying a business before. It’s always been in the back of my mind, but it’s never been something I’ve seriously considered. Well, over the past couple of days, I’ve spent a decent amount of time looking into buying a business, right? What would it take? What do I need? What should I look for? Just kind of doing some research. So of course, now my feed is starting to show some business type, business acquisition type.

14:29
pieces of information because that’s what I’ve been focused on for the last couple of days. So if I were to see some random Chinese guy talking about pitfalls of buying a business or things that you need to look out for or things that they won’t tell you or whatever the hook is, right? I would probably watch it because that’s what I’m interested in right now. That’s what I’m looking for. So I don’t think you have to, like obviously like doing a podcast about reality TV.

14:54
is really, a lot of people are doing that, right? It’s got the popularity of the reality TV. But I think as long as it’s like, once you get in someone’s algorithm and you’re in that niche of what they’re already looking for, you’ve just opened the opportunity for them to find you and listen. So they’re in law. I mean, I agree with you, but what you said is if it has a hook and if you’re just recording a podcast and you’re taking a clip out of it, chances are it’s not going to have a hook. It’s like you got to do, you got to make the hook. So, right. You got to do something or record it and

15:24
It’s let’s just say I’ve tried this before. just takes effort. can be done. It just takes a lot more effort than you think for a full length podcast. At least I haven’t really tried to break it apart into clips. Actually, I take that back. I did use Opus once on one of my podcasts. So Opus is a AI tool that will try to extract out interesting clips from whatever you give it. And I tried it on one of my podcast episodes and it was

15:51
It just didn’t work for me. I would have to record something in the front end, I think, and then lead into it, which is doable. Which is doable. But I may as well just record the clip from scratch, I think, at that point, was what I was thinking. Well, I think there’s something about when you see the video and there’s a person or two people with the podcast mics. Yeah.

16:12
I think there’s something about that because in my mind, it’s immediately like, that’s podcast. me see. Let me look down and see whose podcast it is. Right. Because usually the title of the channel is the title of the podcast. And so I think and here’s the other thing I’m realizing that like so many people listen to podcasts, especially like we were. So my grandkids had their final soccer game of the season.

16:38
on Saturday, went to the thing and you see all these like parents at the game, right? And it’s like rec soccer. So none of the kids are actually that good. And there’s a lot of dads walking around with like one air pod in, right? And so we bumped into someone that like, I didn’t know that well, but my daughter knew him and my son-in-law was like, Hey, what are you listening to? He’s like, Oh, Tim Ferriss podcast, right? Like all these dads are at soccer listening to podcasts while their kids are like not playing or what, you know, they’re like,

17:08
double duty kind of thing. So I just think the amount of people listening and wanting that information and wanting to be infotained, right? Whatever it is, is still like, that’s not waned. That’s just continuing to increase. % agree. I 100 % agree. I’m just talking about in terms of proliferation. So every time I do one of my workshops and I just happened to be doing one today, first question I asked is how’d you guys discover me? Yeah.

17:36
The last two workshops, it has been nine out of 10 YouTube. Then the remaining one is the podcast. Think about it. I don’t know how many downloads you get a month, but your YouTube channel gets more views a month than your podcast gets downloads. I actually think based on the numbers that I know, it’s probably to scale. It probably is. To a certain extent, the podcast people are much more loyal.

18:06
Yes. And that’s the advantage, right? Yeah. So it’s hard to say. I think it’s really hard to grow a podcast. Yes. But I think that now that you can sort of market your podcast on YouTube or TikTok or Instagram, I think the ability to grow your podcast just got easier. Not the actual, like it is hard to like edit and create the hook and things like that, but like just sitting on

18:32
on iTunes and hoping that someone finds you is tough. That’ll never happen. Yeah, no, I agree. It’s really YouTube that’s making podcasts attractive. Like platforms like Spotify and Apple Podcasts is like the worst. There’s no discovery. No, so I was searching for

18:53
So I take my daughter to school every day, which is I haven’t had to drive to school in a really long time. So I was like, well, let me be productive and listen to some sort of educational podcast on the way to the drive. Plus, hopefully she’ll learn something, which I’m sure she’s just loving this. She probably has her own AirPods in, actually. But I searched for, I went on iTunes and I searched for, I think, email marketing like Black Friday or something like that. This was a couple of months ago. And people are putting that of content out in October.

19:23
And like two podcasts came up. I’m like, well, I know, like, I know there’s more, like, I couldn’t even get, remember we were talking about Chase and Jimmy’s new podcast, Send It? Oh yeah, yeah. That didn’t even come up. And I knew they had an episode about that because I’d gotten their email and that didn’t even come up in my search. So the search on iTunes is so garbage. And this has happened to me multiple times, like,

19:50
I’ve tried to search for, hey, I want a podcast on Pinterest ads. Nothing comes up. I know for a fact there’s podcasts on this. So that stinks. I think now there’s other ways to market a podcast, which to me reopens the door to why this might be a good idea for your business. I mean, really, I think it’s YouTube if we just put it down. Because YouTube has a great proliferation engine. And you’re right, TikTok is good too.

20:19
if you can break it apart into clips that have a good hook. when I think about it though, effort wise, I almost think starting a YouTube channel is less effort.

20:34
I just wanted to take a moment to tell you about a free resource that I offer on my website that you may not be aware of. If you are interested in starting your own online store, I put together a comprehensive six-day mini course on how to get started in ecommerce that you should all check out. It contains both video and text-based tutorials that go over the entire process of finding products to sell all the way to getting your first sales online. Now this course is free and can be attained at mywifequitterjob.com slash free.

21:03
just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

21:14
Right, because okay, let’s say you start a podcast, you gotta record either by yourself or with someone else, right? And then to edit that sucker, provided it’s like 30 minutes, 40 minutes long, and do a decent job to get decent retention on YouTube, quite a bit of effort, it takes my editor longer to edit a podcast without annotations and everything than it does a 10 minute episode on my YouTube channel.

21:42
Because it’s also a lot longer, right? You’re talking 40 minutes versus 10. But the hard part that I’ve always had is finding that clip and maybe using your method, it’s better. Although when I’m interviewing someone, I’m so focused on listening to them and coming up with a follow-up question that I think jotting down even a timestamp would mess me up, honestly. You can do it, but I don’t know if I can do it. I definitely think it’s a lot of work to edit it to put on

22:13
video. But I think that

22:18
Obviously, I would say that interviewing people on a podcast is easier than just talking by yourself. Yes, I would agree with that. I think for some people, and we know these people, this is not an abnormal thing, the thought of creating a script, talking, looking at a camera for 12 minutes, that’s pretty intimidating. It is. Or if I said, you get to interview this person and they are like,

22:48
they used to be on The Bachelor, right? So you get to interview this person that you see, you do Bachelorette content, you get to, found a bachelor person that wants to come on and be on your podcast. That seems easier as far as like the mental hurdle, right? You come up with a couple of questions, you do a little background research about that person, hopefully, you know, a little bit, right? And then you kind of let the interview take it from there. So I think for people who are just intimidated by the thought of,

23:17
creating a script, getting on a teleprompter, doing all those things. That for a lot of people, it doesn’t seem hard for us, but we do it all the time. I think for some people just interviewing someone is a lot easier. What’s funny about that statement is I once had a conversation with Andrew Udarian. He runs the E-commerce Fuel podcast and he feels the absolute opposite. He says it’s much more work to have someone on the show than it is for him to just do a solo Because he does so much more prep than us.

23:43
He says he’s got to do prep on the person. He wants to make sure he asks proven questions. He wants to make sure that he’s not asking the same questions that all these other interviews have already asked him. So I can see that. When I had Cialdini on the show, which is someone that I really admire, I spent a hell of a lot of time listening to a whole bunch of his interviews, making sure I could extract out different nuggets that weren’t covered yet. So it just depends.

24:11
I mean, everything requires work and I guess it just depends on your skill set, right? If your skill set just happens to be interviewing, you still have to do the research, but I can see it being easier. Like for me, it’s much easier to interview someone than it is for me to come up with the script. If you asked me to talk 40 minutes about something, I think I would die. Well, and I think, so I listen to Shalina a lot and she does primarily solo podcasts. Right. And I know like just you…

24:36
When you follow her, understand that she records podcasts in the back of Ubers while she’s on her walks. She probably doesn’t have a ton of notes, although I think she definitely has an outline. She probably has an outline, but she can talk for 40 minutes straight. She can. That’d be interesting. I feel like I could probably talk for 40 minutes with an outline and not struggle.

25:01
So I do think there is like not just probably an innate ability to have an easier time with that. However, I do think like when you do a solo podcast, you have to at least have those talking points. You at least have to say, want to cover these five things because I’ve listened to podcasts where it doesn’t seem like someone had those and they’re really like, you have to be really funny.

25:26
or just really engaging to keep people on your rabbit trails. Whereas like Shalene, I find her funny and she’s engaging, but she clearly has like six things she wants to get through. And sometimes she’ll trail off, right? Because she’s in an Uber, so she has to get out of the Uber and whatever, but she always comes back to the point. you know you’re gonna get all that in the 30 minutes or however long the podcast is. Yeah. No, Shalene has got a gift. Yeah.

25:55
of being just funny. I’m sure she has an outline. Yes, absolutely. And eventually covers all of it. But then she tells these funny stories in between, like off the top of her head, right? Yes, yes. I don’t have that gift, unfortunately. So I don’t think I could pull it off. I think you could. If that’s your gift, then sure, you can do it. So I think that there’s something.

26:20
I don’t wanna say safe because I think that word’s a little overused right now, but I think there’s something about thinking, oh, this is just a podcast. then like, cause we video every podcast that we record, but I never care that we’re videoing the podcast. You know what I mean? Like I’m not super worried about the video or like, obviously we have lights on, we’re dressed.

26:44
But it’s not like a video where I feel like the pressure is like, okay, I gotta get ready, I gotta do this, I gotta do that with the podcast. It’s so much to me more informational than visual. So even if it was going on YouTube or TikTok, I don’t think I would care.

27:04
I think you’re lying. As soon as this goes up on YouTube, you’re going to do Rent the Runway again. You’re going to show up in some dress with your hair done. Remember, you used to do that for office hours. used to always be in a different dress. And then I realized I didn’t care, and it wasn’t worth it. Also, I’ve been working on my house for like six months, so I’m constantly in work clothes. I think that would change. If every episode started getting, let’s say, even 10,000 views on YouTube, I’m pretty sure you would change.

27:33
Hell, I might even comb my hair. You might bust out that collared shirt. On YouTube, I’m presentable. Usually, I’ll shower.

27:48
This is totally off topic, but I don’t know if I would. I don’t know if I would because I tend to now consume content from people who are like, especially podcasters who are sitting on a couch, Indian style in what looks like their pajamas recording. If I was at an event speaking, absolutely, that’s a different game.

28:17
Yeah, I’ve kind of softened my stance, I think, on some of that. Because once upon a time, we had this conversation. Yes, we did. We did. Yeah. It might be the fact that I’m in the attic like every four hours. So it’s just like the level of inconvenience is really high. All right. So back to podcasting. You know, I do think that the podcast has had a tremendous effect on my life.

28:47
Yes, I wanted to get to this. Well, let me hear what you have to say first and then I’ll say my piece. What I think the benefit of the podcast, and we’ve seen this with some of our students, like David Crabill, who we talk about pretty frequently, has a podcast. The opportunities, and it’s not a hugely popular podcast. One, it’s about the cottage food business. There’s going to be a limited audience to begin with. How many people are there in the world that are doing this?

29:16
under 100,000 probably or something like that. I have no idea. Yeah. It’s not a huge number. We’re not talking about like the NBA or the Golden Bachelorette where people, you know, we’re getting millions of people who are like keyed into these things. So the amount of opportunities that I’ve just seen for him of meeting people, getting invited to speak at events, getting invited on other podcasts, and then using the podcast as a way to get introductions to people that you

29:45
probably would not be able to get just with a website. Yeah. I mean, that’s certainly happened to our students. It’s happened to me. Yeah. I think it just takes even more patience to get a podcast up and running than any other medium. Yeah. Well, let’s talk about for you. mean, started this. When did you start this podcast? I started in 2014. So this is my, actually, it’s my 10 year anniversary of the podcast. Look at that.

30:15
It was at a time when podcasting was just kind of getting popular, I want to say. Yeah. And to prove my point, I hit the number two overall at one point when I first launched. That’s how, you know, yeah, that’s how not competitive it was back then. I mean, I was only there for like two days, but still, you know, but you made it. But I made it and I have a screenshot to prove it. And so during that time, I think

30:44
It was really easy to build or much easier, I would say, to build. Sure, I was promoting it alongside of the blog and everything, which again, that was the blogging heyday too. That’s how I was able to grow it pretty large. Today, I think if I started from scratch, assuming I had nothing else, I think it’d be very difficult. I don’t know about very difficult because I think you can leverage video, but it would be harder than it was 10 years ago, that’s for sure.

31:14
What I mean by that is, so you’re trying to promote a podcast on YouTube, and even though YouTube is becoming more podcast friendly, you still need a set of skills to… The video has to be in a certain way so that people want to watch it for a long time. Right. At that point, I think I would just start with a pure YouTube video designed for YouTube to build up that audience first, and then maybe later start a podcast. Yes. I don’t think that’s necessarily a bad idea.

31:43
What I remember is that when you, cause I met you like right when you were starting the podcast. I think I was on one of your earlier episodes. You were definitely in the top 50, I think. And look where I am today. So anyway, when I met you, you know, we met in 2014 and then we were attending the same events, probably 2015, 2016, 2017. And I can remember

32:12
specifically being in San Diego, and I don’t know what event we were at, whether it was FinCon or traffic and conversion or something like that, social media marketing world, and having numerous people come up to you and say, recognize you from the podcast. Which I think now, for you, YouTube sort of taken. Yeah, it’s taken over for sure. But I think what it did is that I remember walking the halls with you of these conferences and

32:42
introducing yourself to people, people realizing that you had the podcast, like having, even if they’d never listened to it, knowing that you had it and it giving you an immediate end with people that you might not have been able to have a conversation with or like continue to interact with without the podcast. No, yeah, no, no question. No question. I was just I was just talking about it from the standpoint of starting from scratch. Yeah. Much.

33:11
You know what, the reason why I started the podcast was to actually meet people. Yeah. Because I’m stuck in this office all day by myself. And for a long time, it was actually a really good way to do it. And today, to a certain extent, it’s pretty easy to do because I can get people to come on. But I think over the years, people coming on podcasts has become just so flooded. Like you should see my inbox. Actually, you do see my inbox. Yes. How many people want it? You get a lot of those. Like multiple a day.

33:40
want to come on the podcast. And it’s gotten to this point now where like even when people ask me to join on their podcast, I’ve been saying no to everyone. Right. Because, know, there’s, it’s an hour of my day. And this podcast, unless they quote some readership or listenership, should say, yeah, I’m not gonna go on because it’s been so jaded. Whereas back in the day, I probably would have gone on anyone’s podcast. Yeah. Right. So that’s changed a little bit over the years, too.

34:08
What I also noticed was that last year at Seller Summit, which this was definitely the highlight of my Seller Summit, is that people didn’t know who you were. They’re like, who’s Steve Chu? I was like, the Chinese guy on the main stage. Actually, how did those people find out about the Seller Summit? I went on a bunch of podcasts last year to promote Seller Summit. I don’t know if you remember this. I went on Ecommerce Fuel podcast and I went on one more. I don’t remember which one it was.

34:38
And so several people heard those podcasts and came to Seller Summit because they heard me on these other podcasts. So they didn’t know who I was or you were. They just heard about it from a podcast. And this is where I think the podcast becomes impactful. Like it’s not cheap to come to Seller Summit, right? Tickets are anywhere between 800 and $1,500, depending on what kind of ticket you buy. If you don’t live in Fort Lauderdale or South Florida, you’ve got to pay for transportation, hotel, like

35:07
this is a pretty big investment and not knowing who either of us are, right? And hearing a podcast for 40 minutes of me yapping, right? They made a decision to come to Seller Summit based on, think one, whatever. I mean, I was talking about like e-commerce and email marketing. So it was obviously related to what Seller Summit’s about. But also the trust in whoever I did the podcast with, like obviously Andrew’s got a very loyal following, a lot of trust.

35:34
And so like if Andrew endorses this, right, if he says go to sell or someone on the podcast, people will make a buying decision just based on that because the loyalty runs so deep. Whereas I don’t think the loyalty runs as deep in other places. So I think that that loyalty that you build with the podcast, because someone’s listening to you for 40 minutes a day or 40 minutes a week, I think that does really affect the ability to like drive conversions on things.

36:02
The way I think about events is you don’t go to an event because of the host, right? Like think of all the events that I go to or have gone to over the years. It has nothing to do with the hosts at all, actually, right? You go for like who the sessions are or the people that you might meet. So I wouldn’t be surprised if there are lot more people that come to Seller Summit that didn’t come or had never heard of me or you before. It’s just a fact, I think.

36:30
We might get a bunch this year because Andrea just went to an event and promoted the heck out of seller summit. Oh, is that right? To some disgruntled attendees. She’s like, if you don’t like this event, I’ll tell you an event you’ll love. Most people don’t attend events for the person who owns the event. That’s silly.

36:54
It is a little different because with Seller Summit, because you and I are both so involved. We’re speaking, it’s not like we’re just in the background. I noticed Trafficking Conversion was shutting down their event. Did you see that? No, I didn’t. Yes, they’re shutting down their event. permanently? Yes. Wow. We’ve gone to a couple of Trafficking Conversions. We didn’t go there to hang out with Ryan Dice because you don’t want to ever see him.

37:21
I do think events like ours and e-commerce fuel are different, right? In that it’s more of a community-based event versus a come meet the speaker and hang out. Although we hang out, but it’s not the same. Anyway, just think that the podcast, you can build such a loyal following with the podcast if you do it right.

37:49
So I’ve been kind of playing devil’s advocate this entire episode. Yes, have. Debbie Downer again. Well, no, I’m just trying to be realistic. Like if I have a finite amount of time and I want to start something, I think I’m still going YouTube first. We know. We know. Can I just buy you a shirt for Christmas that says YouTube first? And you can just wear it. Like if you went back to 2014 today, I would start the channel.

38:15
over the podcast. Well, yes, because then you would have 10 million followers. Yes, I would. And it has it’s nothing to do with podcasting itself. It has to do with proliferation. I agree. And the amount of exposure versus the effort. Right. If you want to meet people and you want to like Joe Rogan, he kept going on when he had no listenership. Mm And then, you know,

38:42
good things started happening when they discovered that he was having these great conversations with people. Also, you think about the fact that it’s a three-hour podcast. Yes, which was ridiculous back in the day. Absolutely. Especially when you consider the attention span of people is 15 seconds. The fact that he’s been able to basically create these hours and hours long content, it’s pretty phenomenal.

39:11
And he was just doing it for fun, to hang out with people, which ironically was my first impetus. Like I never thought I’d make money with the podcast, to be honest with you. It was my way of meeting people and chatting with people that were inaccessible. And if that’s one of your goals, that still works today. Hope you enjoyed this episode. If you plan on starting a podcast this year, let us know in the comments. For more information and resources, go to mywifequitterjob.com slash episode 580.

39:41
Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you wanna hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to sellersummit.com. And if you’re interested in starting your own e-commerce store, head on over to my wife quitherjob.com and sign up for my free six-day mini course. Just type in your email and I’ll send the course right away via email.

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Ready To Get Serious About Starting An Online Business?


If you are really considering starting your own online business, then you have to check out my free mini course on How To Create A Niche Online Store In 5 Easy Steps.

In this 6 day mini course, I reveal the steps that my wife and I took to earn 100 thousand dollars in the span of just a year. Best of all, it's absolutely free!

579: Million Dollar Business Ideas For The Taking With Nick Loper

579: Million Dollar Business Ideas For The Taking With Nick Loper

In this episode, Nick of Side Hustle Nation and I discuss some exciting million-dollar business ideas just waiting for someone like you to grab them. We’ll dive into innovative concepts across various industries that could really take off with the right approach.

So, if you’re ready to turn your entrepreneurial dreams into reality, stick around for some inspiration!

What You’ll Learn

  • Discover trending business ideas that are ripe for the picking and how you can jump on them fast
  • Learn practical tips for turning those ideas into profitable ventures without breaking the bank
  • Get inspired by success stories and real-life examples to help ignite your entrepreneurial spirit

Sponsors

SellersSummit.com – The Sellers Summit is the ecommerce conference that I’ve run for the past 8 years. It’s small and intimate and you’ll learn a ton! Click Here To Grab The Recordings.

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. In this episode, I invited my good friend Nick Loper from Side Hustle Nation back on the show to give you some realistic side hustle ideas that you can start right now with very little money. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025 over at sellersummit.com. The Seller Summit.

00:25
is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet.

00:55
I personally hate large events, so the Seller’s Summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past 8 years. If you are an ecommerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers. The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th.

01:24
Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:38
Welcome to the My Wife Could a Job podcast. In this episode, I have my good buddy Nick Loper from Side Also Nation back on the show. And today we’re going to give you a bunch of million dollar business ideas for you to take. Awesome. It’s become a tradition. I think this is our third round of business idea giveaways. If you like this format, make sure to go back and check out the other two. We’ll link up those episodes in the show notes for this episode. Now I want to pitch you an idea that came to mind recently. This is

02:07
a household item that I can almost guarantee you have several of in your house that experts recommend you replace probably more often than you do. This item, experts say, can contain up to 16 different species of fungi, and up to 10 % of the weight of this item is now dust mites and their waste. Do you have a guess of what this is? Is it a water filter?

02:34
This is neither of those. This is your pillow on your bed. Oh, no way. OK. So the idea that I want to pitch is pillows as a service, a pillow subscription service. You would take some quiz, determine are you a back sleeper? Are you a side sleeper? OK, what density? What thickness is going to be perfect for you? And then we’re just going to ship you a new one of those every three to six months, whatever the cadence is that turns out to be like optimal for cleaning.

03:02
this thing and having a less gross sleeping experience. kind of like that. So is it the pillow or the pillowcase or both? I think it’s the pillow itself that, you know, obviously, you know, wash your pillowcase as often as you care to. But like the pillow itself collects all of this nasty stuff that just is difficult to get rid of. Interesting. I kind of like that idea. I’m very particular about my pillow, though. Yeah.

03:29
That’s I like a personalize it. But once you once you find one that you like, it’s like, OK, I’ll just keep getting that one. I like that idea, actually. I never thought of that because come to think of it, one of my buddies cannot sleep at night. And then he started, well, changing his sheets like three times a week. And that actually fixed it. Interesting. So this is similar, I think. Yeah, we spend, you know, we’re supposed to spend, you know, eight hours a day sleeping. So you spend a lot of time, a third of your hours on top of this thing.

04:00
and you start to think about like, oh, this is kind of gross dead skin cells and everything else is going on in there. like, yeah, we should probably replace this more often than we do. I can’t remember the last time I got a new pillow. You know why I like recording these episodes with you, Nick, is we have completely different ideas. So mine are kind of very e-commerce focused, selling focused. Yeah, well, there’s an e-commerce angle to this, right? No, no, there is. is. is. So my idea was

04:27
Because right now I run an e-commerce store and a lot of us don’t want to be doing customer service, meaning like answering phones and whatnot. And you know how AI is all the rage right now. And so a lot of stores are having these chat bots, just being like the first line of defense. it’s really easy to just train your chat bot to know your products. And so I was thinking of service. And again, you have to figure out how to do all this stuff, which is not surprisingly not that complicated.

04:57
train them up, and then offer it as a service to just create one of these bots, customer service bot for an online store or any store that just knows the products and can answer simple questions. And so this would be a process of feeding in all the product details and… Exactly. Kind of like the frequently asked questions, basically like the database of knowledge. And you could probably feed in chat transcripts from like the previous 10 years of human customer support representatives.

05:26
and say, well, how did they respond to this? I mean, the least techie way to do this is to literally just create a spreadsheet of all the products, product descriptions, and everything, and then just send them into an AI bot and train it just for that store as a service. Yeah. OK. And then targeting, the question is, would you just send cold pitches to people on Shopify, do random product searches, see what stores show up?

05:54
So what I would do is I would just go through the Shopify database of stores and just start reaching out to them through their contact forms. There’s a lot of demand for this, I know, because I’m a member of all these forums and people are asking how to do it. And then there’s like ridiculously overpriced services that offer more than this, obviously. But at the base level, it’s a very simple thing that an individual can do for other companies.

06:20
OK, so you go sell it as a service and the pitch being, we’re going to save you so many human hours of customer support time, or that first line of defense, right? If we can reduce the number of inquiries, and you see this on so many tech support, where it’s like, check out our knowledge base, or check out our frequently asked questions. Do you still want to submit a ticket? Did this question, did your question get answered? Sometimes it’s not even clear that you’re going to get, that a human is going to read your question.

06:50
Yeah, and oftentimes, like if you look at our most commonly asked questions is where’s my order and or what should I buy? Like I’m looking for this. What should I buy? And you can answer that question really easily with an AI bot because that knows your products. So. OK, yeah, that’s that’s interesting. I help people on their decision make not just, you know, tech support, troubleshooting triage, but like actually on the front end of, well, this is my situation. Help point me in the right direction.

07:19
Pretty much, yeah. Yeah, OK. I’ve got one that I’ll throw out. This is probably under the umbrella of smart home automation. But I’m going call it the second guess remover. Because how many times have you pulled out of the house, and it’s not until you turn the corner out of the neighborhood that you start to think, did I close the garage door? And now that you’ve planted that seed of doubt, your wife is like, I think we did, but I’m not really sure.

07:48
Why don’t we just go back and check? And so the second guess remover is, you know, maybe it’s an app on your phone. Maybe it’s some way to either remotely close it with some smart device or it just, you know, some way to double check like, yes, in fact, we did close it. And you turn around and nine times out of 10, of course you closed it because you always do. But one time, the one time I can remember where we didn’t actually close it was when we were starting our 13 hour drive from California back up to Washington. And we turned around and we’re like,

08:17
oh crap, we were gonna be gone for a couple weeks, and this thing was wide open. So it’s like that, for that reason, we always do turn around and go check. How did you know that it was open? It was just that seed of doubt, like, we better turn around and we better go check. Yeah, so actually, I haven’t talked about this publicly, but our house got broken into a couple weeks back. And so now we’ve got like cameras everywhere. So I guess that would accomplish the same thing as this.

08:44
Yeah, if you had the camera pointed at the garage, you could check. Yeah, yeah. But yeah, I like that idea. I do that all the time, actually. I second guess myself all the time. It’s bad. It’s bad. Yeah. It is like, of course you closed it, because that’s just part of like the pulling out of the driveway process. But sometimes it’s like, did I hit the button? I don’t know. Another one, while we’re on the topic of theft deterrent in this ballpark, a neighbor of ours has

09:13
You know how people have the yard signs like this home protected by Xfinity monitoring or ADT or even like simply safe. You see all the stuff. This guy went a different route and his sign said something like this home protected by a trigger happy second amendment voter or something. I was like, hey, that’s a bold move. I don’t know if this guy is armed or not, but it’s enough if I’m a prospective criminal to be like, I’m going go to the next house.

09:44
I think that would work in 49 out of the 50 states in California that would not fly. You don’t think so? I don’t think so. But you’re right. mean, yeah, they might think twice. I mean, it’s all about being less appealing than the next house. Right, right. Try to make it broken into. Right. Yeah. Make it just again. How can I make myself less of an easy mark, less of an easy target? So my next idea also has to do with shopping. But this is a trend that’s been happening.

10:14
all over Asia. I’m not sure if you watch TikTok or any of those, but there are these people. So there’s this one lady who’s who’s famous for this amid all over the news. She made thirteen point seven million dollars in seven days live selling on the Chinese version of TikTok. And she’s just taken other people’s products. I thought TikTok was the Chinese version of TikTok. There’s like a doying is a doying is a Chinese version. The Chinese version of TikTok has educational videos and stuff, not the stuff that we have in America.

10:45
but it was just this lady holding up stuff, you know, then just holding up for like three seconds and then sliding it over. And so basically there’s a lot of e-commerce stores that want exposure to this audience. So you can offer live selling services. And again, you don’t need an audience to do this on TikTok, is the beauty of it. But if you just go on, it’s a consistency thing and you go on, sell.

11:14
There’s a whole career of people doing this now, but they’re not doing it on a mass market trying to recruit other companies to list their goods. So this would be, I’m the micro influencer selling random stuff? So basically you send me your product and you reach out and then you will just live sell on Facebook, TikTok, just stream all at once. And you just be like a virtual salesman, kind of like an affiliate.

11:44
in a different way. Like remember we had affiliates in the web world where you click on a link. Yeah. This is literally like the home shopping network. OK. But if you don’t have any following like who’s who’s that’s beauty of it. You don’t need a following on these platforms as long as the your selling style is appealing over time you will you know these platforms like TikTok will find people that watch you. OK. So are you sending your wedding linens to

12:11
people doing this kind of thing? can see if we can move funny about all this, the reason why I came up with this is I like, I was going to do this for our own products. Yeah. But like who wants to see a middle-aged Chinese guy selling wedding linens, right? I would want to find someone probably female for our products, probably, you know, in the demographic that we’re looking toward for doing this. And so what’s funny is a lot of these ideas that I’ve come up with here today are things that I actually need.

12:40
for myself and I know stores are looking for this.

12:45
Interesting and so and tick-tock affiliates have already been big. It just hasn’t been organized as much We’ve heard from some ecom sellers that they’ve had some pretty good success going after micro influencers in their niche and even People kind of doing product reviews and pointing towards a tick-tock shop Yeah I think the problem is you have to go out and find these people Whereas if there’s someone, know, who’s very eloquent and and good on camera and you go to the store

13:15
More often than not, they’ll be like, hey, sure. Because it’s all on consignment anyways, right? You don’t have to pay the person until they make a sale. OK, all performance-based where you kind of set a target, the cost of acquisition. Yeah, pretty much. OK. All right, that’s new to me. I don’t spend any time on TikTok or these other ones. I don’t really know. Let’s see, what’s next on my list here? Oh, we have.

13:43
We have one. you have solar panels on your house? We do not. OK. This is something that we’ve been trying to figure out and contemplate, even though we live in the gloomy Northwest. We have a south-facing roof and very simple roof structure where it’s like, OK, this would be good. And it kind of pains me every summer when it does get hot out. It’s almost this greenhouse where it’s like, we’re just soaking up all this juice and just absorbing it. We’re not doing anything with it. How could we harvest this in some way?

14:13
But the world of solar sales is pretty opaque and sometimes a little bit shady and people making all kinds of promises about, well, this tax rebate. And then you can claim the depreciation on top of this. And other people are like, yeah, that’s not a thing. Who told you that? so the idea here is the local consultant person who can kind of play matchmaker, analyze your

14:43
your situation and your needs. And they might tell you, look, this is just not a fit for you. But we’ve got relationships with the local vendors, the local installers, and figure out, what is a realistic and good price for this type of install? And we also just had a few months ago the bomb cyclone 2024. This was like a mass power outage event where half a million people or something out of power. And we were down five days or something in the dark. And I had to toss all the

15:12
food out of the fridge. Thankfully, no property damage in this storm. it was like, you got everybody thinking about like, well, what is my home energy backup plan? Like, is this a battery system? Is this a generator system? What makes the most sense? And this was a once in a generation event. So was like, well, maybe if I just allocate what I would have spent on a battery towards a hotel room and restocking the freezer, like, could survive the next several storms and it would still be coming out ahead. But it’s something that a lot of people were thinking about.

15:43
In response to that so it’s kind of the the home energy backup consultant I know on a previous one of these we talked about the you pitched the zombie apocalypse consultant. Yeah, it’s like in that same Same thing, you know since we’re talking about solar there was this article that I was reading where like within like the first couple years the Effectiveness of your solar panels degrades dramatically because dirt gets accumulated on this

16:10
So how about like a service where you just go around and clean people’s solar panels? Yeah, we can boost the efficiency. we can get you back. Yeah. I mean, that wasn’t one of the ones I had on my list, but your idea made me think of that. Yeah, put it down. All right. Here’s one that literally I just thought of the other day as I was eating at a restaurant. So I was ordering from a Chinese restaurant for Chinese New Year, which just passed. And I noticed that the company that I was ordering from

16:39
was offering to pay $3 per photo of their food so they could populate the app with like authentic pictures of their food. And these photos are meant to be casual, so they come across as authentic, right? Not like a stage shot. And so I was thinking my business idea is to just go around to these restaurants, there’s this need, and offer to just take organic pictures of their food. And maybe in the beginning you just do it exchange for a free meal,

17:08
kicks, but maybe over time you could turn this into, you know, a real business because restaurants want people taking pictures and making videos of their food and posting them, whether it be on the app or are on their own accounts. they’re trying to incentivize like a crowd sourced image gallery basically like, of course we’re to have our, you know, fancy professional product photographer come in and take these shots. But you know, it looks

17:36
more it looks more legit it looks more official if it’s you know just random customers posting pictures of their food yeah if it’s a customer like holding up the plate or the food or eating it or whatever okay instead of like a stock photo and so they were willing to pay three dollars per photo wow and of course we did this yeah take some pictures yeah you just take a picture of the food that you just got like eating it so clearly there’s a demand here and maybe you can do this on a mass scale

18:01
And it only takes one to get a toehold. And then you start going to the neighborhood or the restaurant down the street. Like, did you know these guys must be onto something? They’re paying $3 a picture to get these different things. Is just to populate Yelp? Or where they putting these things? So the one that I used, I can’t remember the service. There’s a whole bunch of these delivery services that they have. maybe like DoorDash. We didn’t use DoorDash, but DoorDash could be one of those, right? It’s one thing to see like

18:29
photos of just the food, it’s another to see real people enjoying the food. OK. OK. And so maybe that’s a way to, I don’t know the economics behind it, but if they’re willing to pay $3 a photo, clearly there’s a demand for this. Yeah, so that helps. Maybe that helps their average order value. That helps their conversion rate in these apps or something. Yeah, conversion rate, probably, yeah. Huh. Interesting. Yeah.

18:53
I just wanted to take a moment to tell you about a free resource that I offer on my website that you may not be aware of. If you are interested in starting your own online store, I put together a comprehensive six-day mini course on how to get started in ecommerce that you should all check out. It contains both video and text-based tutorials that go over the entire process of finding products to sell all the way to getting your first sales online. Now this course is free and can be attained at mywifequitterjob.com slash free.

19:22
just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

19:33
I’ve got one that is related to software price increases. I think you and me both share a frugality gene. so whenever some tool that I’m using jacks up the price, it pains me a little bit. And it pains me that the switching cost is so high, it pains me that I feel kind of powerless to do anything about it. And so it makes me want to research alternatives, better, faster, cheaper alternatives. The one that really hit me was

20:03
lead pages recently where to their credit, they had not increased the rate in 10 years. And so was like, I understand this is due for a rate, but it was such a shock because it almost doubled. I was like, really? Like, hey, I’ve been a customer for 10 years. Is this what you’re going to do to me? And I spent the whole day researching alternatives and trying to migrate over to optimized press for 25 % of the price. So the service that I want to pitch is the software migration service.

20:30
And it doesn’t have to be lead pages. could be anywhere you see people complaining about a price increase. It could be people looking for filling the blank product alternative, like Zapier did this a couple of years ago, where they really increased their rates. anytime you see people complaining about that, there may be an opportunity to be like, hey, I’m a specialist in migrating from this thing to this thing. And maybe you build some tool to help you do it. I don’t know. There’s probably a way to do it.

20:59
And the thing is, a lot of these are kind of proprietary closed off software systems. Like maybe it’s a little more challenging than that. But if you get good at it, I imagine you can knock these out pretty quickly. You know, it’s funny that you mentioned Zapier because I can’t remember how many years ago when Zapier doubled their prices, I moved everything over to Make. Yeah, me too. Oh, you did? It wasn’t called Make. Make acquired the company. can’t remember what it was called. was like IntegraMat first. IntegraMat. That’s what it was.

21:29
But yeah, because in the challenges, there’s a learning curve. It’s like, well, I already know how SafeHear works. Do I really want to do this? Is worth the time? It’s like, well, if I’m going to have this for another five or 10 years, then yeah, it adds up every month, but totally. Yeah. I like that. You would have to specialize in something, but yeah, that’d be really easy to do because people tend to complain on Reddit, right? Right. And you could say, hey, I just use this to migrate. And it’s like your own service. Yeah.

21:58
I love it. I like that one. like that one. Can I go again while we’re on the topic of Reddit? as you know, the world of SEO has kind of been turned upside down in the last year, year and a half or so with Google really prioritizing both AI search results, but also sites like Reddit and Quora, kind of these user-generated content type of sites. I’ve actually met somebody doing this, but they’re providing Reddit marketing services where we’ll create these different

22:29
accounts and we’ll kind of build up their Reddit credibility. So it’s not like they’re just coming in and spamming links, but they’re kind of like strategically and intentionally highlighting your brand in kind of an organic Reddit approved way in a lot of cases where you could start. Well, if Reddit is all of sudden siphoning off a bunch of my traffic, like how can I get in front of that traffic in a way that at least from the outside looking in appears to be authentic and playing by those rules?

22:57
Those gamification services started happening almost immediately after. Have you been approached by the Reddit services? Not by anybody serious, that I can tell. I mean, I’ve been approached, and I always thought it was spammy. the people who approached me. But yeah, there are companies paying lots of money for this service. absolutely. Because basically, it’s a ghost writing.

23:25
service where they’re taking your content, your ideas and putting it up there. And like you’re probably not going to get the same traffic, the same traffic value, but it’s a way to get your message. Our mutual friend Spencer Hawes, think, tried one of these services. Oh, okay. And he had some good results. I know you probably had him on this podcast at some point. Yeah. I’ll have to catch up with Spencer for sure. Yeah. Okay. So my next idea.

23:52
has to do with the fact that we recently moved my mom into our neighborhood and she was moving from a gigantic house to a little teeny tiny house because you know housing is so expensive over here. Anyway, she had to get rid of a lot of stuff and you if you go to these estate sale people it’s all like a super sketchy industry. Like you have, they can’t give you prices on anything and they just kind of give you this check and they don’t even give you like an itemized

24:21
list of what was sold and for how much they just kind of hand you this check at the very end, which I found really sketchy. We interviewed a whole bunch of these services, but so I was thinking there’s a lot of people moving, right? And they need to get rid of their stuff. So why not just put like an above board, uh, sort of selling service where you’ll offer to just eBay all of their stuff. And it’s completely transparent. You show them the auctions, you just go in, you take photos,

24:48
For some reason, I could not find a service that was willing to come to my mom’s house, take a full inventory, and just list everything on eBay. Oh, OK. No, I like this. It taps into the trend of empty nester, baby boomers downsizing. a typical, what’s it a state sale fees? They take 40%, 50 % of everything they sell? Yeah, they pretty much take half. But it’s the lack of transparency that bugged me.

25:16
Like they can’t make any promises and they don’t even give you the itemized list of everything. At least the ones that I interviewed in Maryland. And I could not find a place that was just willing to eBay everything and come to the house. Like you can bring all your stuff to them and they’ll eBay. I found those services. Okay. I met a guy a couple of years ago who was doing something similar. It wasn’t, maybe some of it was eBay, but another segment of his business was like a dedicated.

25:43
like auction site, like almost a dedicated estate sale type of sites. Like I’ll manage the whole thing for you, partnered with local real estate agents who kind of knew the customers as they were selling their house and knew they were going to need to get rid of some of this stuff. And it was all on consignment. It was all on performance. well, whatever sells, we’ll take a cut and we’ll pass on the rest. Yeah. I mean, the key for me was transparency. Yeah. Right. I like to see the auctions and whatnot and sure, you can take your cut.

26:10
But at least in Maryland, the estate sale people that I went through, it just felt like kind of dirty to me. So I think there’s a need. Yeah, I really like this one. And then do that realtor partner angle or start with friends and family who are going through this process, get a few reps under your belt and figure out how to streamline that process and then provide that. Because it’s kind of the anti-positioning. It’s like you position it as, you know, we’re

26:40
transparent, where the homeowner advocate, there’s different ways. It’s like when you see cruelty free on a shampoo or any other product or something, you’re like, now I automatically assume that every other thing is filled with cruelty. And you’re like, well, that’s an interesting anti-positioning. Yeah, just the fact that you can see the auctions that they’re conducting and what the actual selling price is, that’d be good enough for me. OK, cool, cool, cool.

27:09
Um, what else do I have? Do you have a aura ring? No, I do not. Yeah, me neither. And the reason I don’t is I believe the sleep score is largely irrelevant where it’s like, I’m going to wake up today and I got to be the best version of myself. You know, whether I slept well or whether I slept poorly, I still got to show up. I got to be a dad. I got to do all the things. I got to go crush the day. And so it’s like,

27:38
Maybe there’s an opportunity for the aura ring that just shoots back, 98, 99, all the time. It’s like, nailed it last night. You might feel tired, but no, the data says you did great. You might as well go out and crush your day. Something that’s been on my mind is like, sleep is getting a lot of attention lately with recognizing how important it is for brain recovery.

28:06
you know, all sorts of different health consequences. And it’s like, yes, do all the things to make sure you try and get the best night’s sleep possible. But it’s kind of silly, like, oh, I’m not going to do what I plan to do because I only got a 73. Like, well, really? Like, you still have to go do your day. So this is like a positive reinforcement type of ordering. Yeah, I like that. It doesn’t even have to be connected to any data. Like, it just has like fake looking Bluetooth or something.

28:36
I’d consider getting the aura ring because I know what you eat has a lot to do with how well you sleep. So by just eating certain things and then taking the score, you can narrow it. Because I know, for example, if I eat something super greasy, like Chinese food, example, like the night before, I don’t sleep that well. And it’s taken me years to figure that out. Whereas maybe something like that ring could have told me. So maybe more like an application specific type of ring. Where you enter in what you ate.

29:04
and then you get the data to see if there’s any correlations. Some of those simple things, and maybe it’s just like a reminder in the morning, like Carpe Diem. It could be something simple, like a simple push notification, like, hey, today’s the day. Go get it. You’re not getting any younger. We had some guys on the show years ago. That was their app. I think it was called We Croak. And it was just like a daily death reminder. was kind of like the memento mori thing. It was like, hey, just.

29:33
just to, know, I don’t know, 127 PM, hey, just a heads up, you’re gonna die someday. it’s like, well, shoot, I better go get after it. Nice, nice. So this next idea is, I hope Tony doesn’t get mad at me, but what was funny about this next idea is I got it from her during Seller Summit. So Seller Summit is the annual e-commerce conference that I run. And hilariously, at the last event,

29:59
she was actually helping some attendees optimize their dating profiles. Because there these guys that they come to Seller Summit every year and they’re still single. we just struck up this conversation like, yeah, how do I improve my dating efficiency? So Tony looked at their profile and they’re like, OK, you need to change this, this, this, this, right? So now, with a whole bunch of these AI image tools and whatnot, and AI just in general to help with the copy,

30:29
you can easily put together a profile that at least gets your foot in the door, and then it’s up to you to screw up the date or whatnot. But so Tony was doing these, helping people with their dating profiles for at least two or three people at the event. And I was like, Tony, should do this business, her next side hustle. Exactly, exactly. And there’s all these AI tools that can touch up your existing photos to make you look better from an existing photo that you upload too. Yeah. So. Yeah, no, I had a friend who recently did

30:58
an AI LinkedIn headshot. They fed in a bunch of existing pictures like, hey, this was a lot faster and cheaper than hiring a photographer. Yeah. I mean, of course, you know, once people all start doing this, you’re not going to be able to believe anyone’s profile, but you know, at least it gets you in the door. know, I mean, how many of these dating profiles are, you know, completely honest and truthful to begin with? That’s true. That’s true. But it’s very easy to screw up one of these two because certain people are looking for certain things, right?

31:27
Yeah, my brother’s role was, know, anybody who had, you know, anything Seahawks related was like an automatic out. He’s like, I do not care about football. Anybody who’s like, you know, holding a beer was like automatic out. He’s like, is he sober? And it was just, you know, it’s kind of interesting. Like everybody has their own different filters and criteria where for somebody else who have been like, hey, know, you’re drinking beer and watching football. It sounds like my kind of guy. My kind of person. Exactly. Exactly. But the conference shows that a lot of people need help in this department. So there’s clearly a demand for.

31:57
Yeah, think that taps into some other trends too of people postponing a lot of major life decisions, getting married later in life, having kids later in life, the loneliness epidemic. This is a real thing, help people find their partner. That taps into a big, big market. That is until AI becomes that partner, but that’s a topic for different episode. That’s another episode. I just aired a

32:24
recently was like I interviewed my AI self like Robo Nick, know, just prompted chat GPT to respond as me. And it did it surprisingly well. It’s like, hey, that’s, that’s kind of the answer I would have given. And you know, it only made up a few facts, which were a little weird, but it did surprisingly well. like, are you published you publish on your podcast? No, I haven’t tried that yet. That sounds like a very interesting episode. Yeah, I mean, because you’ve got, know, this 10 year body of work out on the internet, too, where you know, it absolutely could respond to Steve.

32:54
Link that episode up. I want to listen to that one. right, I’ll send that one. That sounds like a great idea, by the way. Yeah, love it. All right, what’s next? Is it my turn? It’s your turn. I got a couple more, too. Next one for me is in the world of content creation. And I’m calling this I’m feeling lucky for podcast editing. And so what we’ve learned over 10, almost 12 years of podcast editing, is

33:24
at least as much about what you don’t say as what you say, like what you don’t air. And so my job as the host is to cut the fluff, cut the stuff that doesn’t add to the conversation or like, you went off this tangent, really go anywhere or that question kind of landed with a dud, like, okay, fine. And so my job after recording has been to go through the transcript and find those little sections, just to try and tighten that up. And maybe we’ll record for an hour and try and find the best.

33:53
50 minutes and maybe there’s a sliding scale on this, you know, I’m feeling lucky editor. I think this is going to rely on AI. You feed in the transcript, you feed in examples of past episodes that you really like. And my thought is this is going to make suggestions on where to trim the fat. could you cut out of this and not lose the overall message and takeaways, but just make it a tighter listening experience? I’ve been waiting for a tool like that.

34:22
as long as I’ve been podcasting. I think the closest thing that I’ve used for that is a tool called Opus Clip. Have you tried that tool? No, this is like the, we’ll make AI shorts for you. Yeah, it’ll make shorts for you, but it actually does a reasonably good job of picking out like something that you can just cut to the front, you know, to get that hook and the attention. Okay. But something like that more along the lines of what you just described, I would definitely pay for it.

34:52
No questions asked. Because it’s like the time, that’s the time consuming. This is where I love being a podcast guest, where I just show up and as soon as a recording is done, my work is over. But as the host, it’s like, well, now I got to review this whole transcript to figure this out. And thankfully, we have an editing service to help perform those actual cuts. if there was even just a starting point, maybe that’s what it is. It’s like, OK, we want to end the sliding scale. It’s like, I want to.

35:20
How strict did you want it to be? Like, okay, it’s only going to keep the best 15 minutes. I think that would be really, really hard. But if you’re just, want to trim 10%, uh, you know, give me the bottom 10 % of this episode and maybe it will make suggestions on that. So all these ideas that I’ve given you are just ones that I’ve come up with as a result of things that have happened in my life. So as I mentioned before, my mom just moved in our neighborhood and you know, as you get older, you want to spend more time with your parents, right? And what I’ve discovered just hanging out with my mom a lot more.

35:50
is that she has all these stories to tell that you don’t know about that you probably wouldn’t have asked when you were younger, right? And so there was this service that we used a while back where the company basically just emails your mom or your parent a list of questions and then they compile their answers in a book for you, right? But I was thinking of taking that one step further. So this is a book that sits on my shelf that I treasure now because it’s all stories. what service did you use for that? I forgot what it was called.

36:20
but I can find out for your listeners if they want. The problem with that service though was like the parent or whatever has to do a lot of writing. It’s actually quite burdensome for them, especially if English isn’t their first language. So what I was thinking about doing was taking that one step further. All you have to do is come up with the questions ahead of time and then you just take a film crew and you just go interview that person. That way you have it on video. I think that would be much more valuable than

36:48
the book, I love the book, don’t get me wrong. But it was just kind of hard to make sure it got written in. Whereas with video, if you send a film crew there, you know, there’s no, you know, it’s just off the cuff. And it’s actually your parents speaking, which is a valuable keepsake for anyone to have. Yeah, and then they can turn it into like a documentary style. Yes. Yeah. And maybe that could be an extra service. You turn it into you do the editing and you turn into a documentary.

37:16
I think this would be really cool because you’re exactly right. I looked into some of these, you know, parent story capture services and you’re exactly right. It’s like it really it’s not. I mean, it’s a gift. That’s what we’re looking at for Christmas gifts. But it’s like, is just a lot of work. Like how all of a sudden every month it was a lot of work. All these questions. And, know, for what real benefit? Like you already know these stories. This is more of a gift for us. But it was really challenging. And it kind of first came to mind with

37:48
my grandpa on my dad’s side. listen to the hardcore history, like 18 hour saga of World War II in the Pacific. And I know we served there, know, quartermaster or something in Northern Australia. That’s like all I know. But it’s like, what else, you know, what was your level of involvement here? Like, did you see combat? What was it like being shipped off at 20 years old across the world? Like, all that kind of stuff, you know, is

38:15
is gone now. And I think this is a really powerful one to potentially capture some of that for future generations. And this is instantly why I interviewed my mom for the podcast. It wasn’t for my listeners. You know, it was more so I could have her on the episode so you could do the same thing just audio wise to just over zoom. It’d be, you know, kind of informal. And if you’re good at asking questions and getting extra information out like me and you are, for example, we could turn this into a service.

38:44
It was on SNL, like where the son is interviewing the dad and then they, you know, get super vulnerable, you know, because they just have these conversations because all of sudden you put mics in front of their faces and then they turn to the camera and do like a Squarespace ad read and it’s… I haven’t seen that episode. I’ll have check it out. I think it was a fun one. Okay, so that’s kind of the…

39:10
end of life or approaching end of life, how do we capture some of these stories? You know, it’s like the movie Coco, know, and Hector is fading away like, oh, he’s being forgotten, right? How do we, how do we remember the people who came before us? I think that’s a really cool idea. And like that, you know, professional filmmaking, so like to rent out even freelance professionals to do this for a day, it’s, it’s not gonna be cheap, but it’s not gonna be like over the moon expensive. Yeah. Then the one I have,

39:37
is the opposite of that, not end of life, but beginning of life. I’m going to call this the digital baby service. This is we’re going to secure your kids’ domain name. We’re going to claim their social media handles. We’re going to register their Gmail account. And for this, we’re going to charge you, I don’t know, $100 a year. It’s going to be a decent margin because basically, all this stuff is free except for the domain, which maybe costs $10.

40:06
12 bucks a year to renew, but we’re just going to secure this for you so you don’t have to worry about it. And so when your kid becomes old enough that they care about this, you know, all of a sudden we have that locked down for you. Is this something that I did when the kids are born? I would better go register their domain names just in case, you know, we wouldn’t want anybody else to have that. So it’s something that would probably be there might be a market for that as a service. Yeah, actually, there’s a lot of things that you could do.

40:36
But yeah, it would be a service where you just lock down the names for any relevant service that you might not be able to think about, right? That you might not have necessarily thought of, besides the obvious ones. So yeah, I like that idea. I like that idea. Kind of along those same lines, my next idea is a little bit more, well, it more caters to like the personalities of the younger folks these days. So I kind of got this idea after reading an article

41:06
about how people are paying money to rent venues for social media. So for example, a lot of these, these make money online guys literally rent a jet set. So it looks like you’re on a private jet when you’re really not. Okay. And I think that’s such a, like a reflection of where society has been going, but you could profit from it by just creating a bunch of these sets, whether it be a private jet or

41:36
a luxury hotel suite or a botanical garden or just something cool where it’s literally just the set for Instagramming or doing lives from. Wow. And then just rent that time out to people. I might have a problem with this one, but I thought of it because people are paying for these services. Yeah, I think there’s probably something to that. And yeah, you have a warehouse space where you have like

42:00
four or five of these set up and people come in or you your two hour block, you know, they come in and knock out a bunch of reels or not much videos and you’re set. And this is very pervasive in China actually. So if you see like a TikTok video of a factory of someone like, you know, making stuff, chances are it’s fake. Like literally it’s just like a table and just like the backdrop of it with this machine, like rotating the same products over and over again. Okay. So

42:29
I’ve been just seeing a lot more of those, you know, debunked. Because, you know, people want to look like they’re successful or doing these things. maybe it’s just like a sad reflection of where we’re going. you know, there’s a market there for renting out these services. Yeah, this was a speculation for, for years or certain influencers like, oh, you know, they’re standing in front of the rented Lamborghini. They don’t really own that. Like, that’s not really their life. That’s like, this

42:58
I don’t know, I guess maybe a certain demographic that appeals to it’s like, who cares? It’s the younger folks. Because we’re old and crotchety now. Get off my lawn. No, but this is cool. And I do love me a rental business. We’ve talked about the photo booth business. We’ve talked about renting mobility scooters. We had a guy renting out reusable moving boxes or plastic storage bins, basically.

43:28
Here’s another example of something. Hey, build it once or build that set once and get paid for it over and over again. Yep. Cool. What do you got? You got a couple more? I’ve got, I think, one more. And this is around a personal pain point of mine. And I’m curious to get your take on this as a prolific YouTuber these days. What I struggle with is the scripting.

43:56
That’s kind of the bottleneck for me. And we’ve got this huge body of content. We’ve seen, in my mind, people stating very obvious things like, hey, have you ever thought about this as a side hustle? Really? That is getting 100,000 views? That’s the most basic idea ever. But it’s all in this scripting. So some sort of video scripting service or

44:23
you know, maybe it’s an AI or maybe it’s a human where it’s like, just, just tell me what to record. Like do it in my voice, you know, load it up. I could fire up the teleprompter or I could just do the voiceover and we’ll lay over some other imagery, but just that’s like the big a bottleneck in producing more video content for me. If you find such a service, I would sign up in a heartbeat. Uh, you’re absolutely right. The scripting is where it’s the most time consuming. I’ve got it down now where I can script something.

44:53
with the help of AI in about 90 minutes for a 10 minute video. That’s still 90 minutes though. But it’s to hear that it’s not instant for you. Well, if you think about it this way, I used to spend a lot more time on a blog post. I used to spend like three or four hours on a blog post. And what I like about YouTube scripting is it doesn’t have to be grammatically correct, nor does it have to have the proper punctuation either.

45:21
And so that’s why it’s faster for me. But yes, I’ve tried so many things, Nick, training AI to talk like me. And we have enough body of work between the two of us now that it’s pretty easy to do that. But I don’t think it’s just hard to find that replacement from what I’ve seen. What’s a typical process for you going from something that you maybe have written about? It could be years ago, but it’s still relevant to turn that into a video version.

45:52
there’s different, there’s a different formula, right? You can just read off the blog posts and have that be compelling. You know, what’s funny is that’s how I started my YouTube channel. Yeah. I just read the posts and you’re right. That doesn’t work. Well, I can corroborate that. Uh, so what you, can just feed it into chat, GPT or Claude. Yeah. And I have a prompt for this because I do less of this now, but I had a process for this where you give it a prompt.

46:20
And since we have enough workout that you can say in the voice of Nick Loper or Steve Chu. And it comes out with something that you can modify into a script. And then you also have to make changes to it. So it’s not, it still takes time, but it makes things much faster. Because there’s a whole big difference between SEO written blog than there is a compelling YouTube video.

46:46
Well, speaking of YouTube, you’re closing in on half a million subscribers over on the My Wife Quit Her Job channel. What kind of videos do you find do well? Like help me out on the YouTube. I can’t. it’s been a struggle. It’s been a struggle, Nick. So I teach e-commerce and what I found is that if I just go and teach e-commerce on that channel, it gets like no views. Right.

47:12
Because that’s not what people want. The common folk does not want e-commerce strategies, which is unfortunately my specialty. mean, that’s what I like creating content about. So the struggle is mixing that content, my teaching content, with something that the mainstream viewer actually wants to see. So it’s basically dumbing down the content, maybe that’s not the right word, making it more appealing to the masses. That’s the secret.

47:40
Any videos that have done particularly well for you? I mean, I have a whole bunch of videos that have gotten over a million views that that when I published them at the time were topics that were in the news too. So recency helps to what people are searching for and wanting to look about, you know, read about. And right now, if you think about it, I feel like the world is in chaos right now. At least the U.S. is in chaos. There’s tons of topics that people are searching for right now.

48:06
And you use like a TubeBuddy or a vidIQ to? I use vidIQ. Okay. To come up with, you know, what’s the metric you’re looking for? Like minimum search volume or minimum score there? I don’t actually even look at search volume anymore. I mean, I do as a last step. should say, I shouldn’t say I don’t look at it at all. Okay. But I’m just trying to create topics that I know I can do a good job writing a good hook for. And then keyword research is actually secondary. It didn’t start out that way, but now that’s how I do it. Okay.

48:36
Yeah. Hook first. Okay. I got one more that I got one more idea. Yeah. Yeah. Go ahead. For the audience before we go. Um, this is something that once again, I got from talking to with my mom because we hang out a lot more now. She lives right down the street. This is what I call like a forgotten skills online course series. So my mom, you know, back in the old days, she was telling about all these skills that she had to do from first principles. Like there’s a lot of things we take for granted now, right? That, that everything’s machine made and whatnot.

49:06
But back in the day, they did stuff by hand. so we’re talking about skills like Asian calligraphy, Morse code, how to read a map. I don’t know. I don’t think my kids know how to read a map, right? Because it’s a skill that you don’t need anymore because you have GPS and whatnot. Metalworking, old school photography where you’re developing photos with the chemicals and everything. Just a way to document and teach all those old school things and put them in one place.

49:37
I mean, what’s the point of learning Morse code at this point? You try to signal, send to somebody a telegram? Well, so the idea is there’s a bunch of people out there that, like for me, as an example, who would want to just learn these things from first principles. My personality is such that I don’t like depending on services handling everything for you. Because once something goes down, you’re in trouble.

50:07
So I actually would like to learn these things from first principles and I can’t be the only one out there. Fair enough. How to read a map I’m on board with. Metalworking has not been relevant to my life ever since like metalworking merit. Well, are just examples for me, right? Like Asian calligraphy, know, artistic things that are not as big of a deal now, but they’re still beautiful. I think the art should be carried on.

50:35
to future generations, that sort of thing. That’s fair. And even would be more relevant, it’s just like fixing stuff around the house and not being like powerless to just throw your hands up in the air. Well, I don’t know. I don’t know what to do. And we had a light go out this weekend and I do what I know how to do. Well, I’ll replace the bulb. And then that didn’t do it. And so then I’m like, hey, dad, what does it mean if you replace the bulb and the light still doesn’t work? He’s like, well, maybe your switch went bad.

51:04
Okay, how do I test that? Well, we got to take it apart. You got to use this little multimeter thing, which he had, which we don’t have. So he brought it over. It’s funny you say that. Look what I got right on my desk. Fancy.

51:19
All right, those are all the ideas that I’ve got. You got anything else? I think that’s pretty much it. Yeah, we’ve covered a lot in this episode, actually.

51:29
Hope you enjoyed this episode. All of these side hustles are great ideas that you can start right now with very little money. For more information and resources, go to mywifequitherjob.com slash episode 579. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you want to hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to sellersummit.com.

51:58
And if you’re interested in starting your own e-commerce store, head on over to my wife, quitherjob.com and sign up for my free six day mini course. Just type in your email and I’ll send the course right away via email.

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Ready To Get Serious About Starting An Online Business?


If you are really considering starting your own online business, then you have to check out my free mini course on How To Create A Niche Online Store In 5 Easy Steps.

In this 6 day mini course, I reveal the steps that my wife and I took to earn 100 thousand dollars in the span of just a year. Best of all, it's absolutely free!

578: 5 Dirty Tactics Amazon Is Using To Screw Sellers And Raise Prices

578: 5 Dirty Tactics Amazon Is Using To Screw Sellers And Raise Prices

In this episode, I expose five dirty tactics Amazon uses to undercut sellers and raise prices.

From sneaky fee increases to private-label knockoffs, you’ll learn how Amazon stacks the deck against small businesses.

You’ll also learn how to protect your profits and navigate a marketplace built to benefit Amazon.

What You’ll Learn

  • Uncover the sneaky tactics Amazon employs that can drive up seller costs and impact their profits
  • Learn how Amazon’s pricing strategies could be affecting your shopping experience without you even noticing
  • Find out what sellers are doing to navigate these challenges and protect their businesses from Amazon’s dirty tricks!

Sponsors

SellersSummit.com – The Sellers Summit is the ecommerce conference that I’ve run for the past 8 years. It’s small and intimate and you’ll learn a ton! Click Here To Grab The Recordings.

The Family First Entrepreneur – Purchase my Wall Street Journal Bestselling book and receive $690 in free bonuses! Click here to redeem the bonuses

Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. In this episode, I’m exposing five dirty tactics that Amazon is using to undercut sellers and raise prices. From sneaky fee increases to private label knockoffs, you’ll learn how Amazon is stacking the deck against small businesses. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025 over at sellersummit.com. The Seller Summit

00:28
is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet.

00:58
I personally hate large events, so the Seller’s Summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past 8 years. If you are an ecommerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers. The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th.

01:27
Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:41
Welcome to the My Wife Quit Her Job podcast. I don’t usually put out episodes like this, but in the next 20 minutes, I’m going to give you an untarnished look at the brutal reality of being an Amazon FBA seller. I’ll dissect the predatory algorithms, expose the hidden fees, and reveal the psychological warfare Amazon wages against its own sellers. Now I’ve been selling on Amazon FBA for 10 years now, and I’ve generated millions of dollars from the platform. Once upon a time,

02:09
Amazon was the go-to place to sell your stuff. It was easy. The audience was large and the FBA program made shipping a breeze. You could focus on marketing your business while Amazon handled the rest. But in the past several years, things started to change. Fees kept going up, Amazon began pushing its own products and their algorithms stopped making sense. Now, instead of being the dream marketplace it used to be, it has gone to total crap. Let’s start with Amazon FBA.

02:38
Back in the day, it was amazing. You’d send all your products to one warehouse and Amazon would handle the rest, shipping them to the right fulfillment centers. The costs were pretty reasonable too, just a small part of your overall expenses. But then things started to change. Every year, Amazon raised their FBH storage rates and piled on more penalties, especially during the holidays when sales matter the most. Next came the inbound placement fees. Now, just to get your products into their warehouses,

03:06
you’re hit with charges ranging from 27 cents to $1.58 per unit. As if that wasn’t enough, Amazon dealt another blow by penalizing sellers for having both too much inventory and not having enough inventory in their warehouses. Hitting the exact inventory sweet spot that Amazon expects is nearly impossible and has become one of the toughest parts of running an e-commerce business. And here’s the kicker. You could avoid all these fees

03:33
if you switch to Amazon’s warehouse and distribution or AWD. Convenient, right? AWD is marketed as a storage and logistics safety net for sellers. Instead of shipping to multiple Amazon FBA warehouses, you send everything to one central warehouse and Amazon handles the rest, sorting, storing, and redistributing your inventory as needed. Sound familiar? Well, that’s exactly how regular FBA used to work.

03:59
except now they’ve added extra fees for what used to be a standard service. Sure, Amazon pitches AWD as a way to save on storage costs compared to FBA, but here’s the catch. They’ve inflated FBA rates so much that using AWD feels less like an option and more likely the only way to avoid getting fleeced. Now this might be tolerable if AWD actually worked, but this holiday season, AWD has been a complete disaster. When Q4 shipments ramped up,

04:28
AWD capacity maxed out and Amazon simply couldn’t handle the load. They ran out of space, logistics fell apart, pickups were delayed or outright canceled, inventory wasn’t getting transferred from AWD to FBA on time, and deliveries were stalled. I know so many sellers who got completely screwed. Missed pickups, canceled shipments, delayed deliveries, you name it. And just when things could not get worse, Amazon announced that they’re raising AWD prices this year. Oh, and last week,

04:57
They also announced that they’re no longer reimbursing sellers the full retail price for inventory that they lose in their warehouses. Instead, they will only reimburse you with what Amazon determines is your true manufacturing costs that does not account for freight forwarding, tariffs, or customs duties. So let’s say a product you sell for 10 bucks that costs you $2 a source gets lost in Amazon’s warehouse. Amazon used to reimburse you the full 10 bucks every time that they made a mistake and lost your product. But now,

05:27
Amazon’s not going to even reimburse you the $2 you spent to source the product. Effective in March, Amazon’s only going to pay you back what it believes you paid to make the product, minus any shipping fees from China and import duties that you’ve paid. So basically, you’re going to take a loss every time Amazon screws up and loses your product. And here’s the kicker. Both the price hike and their new reimbursement policy was announced

05:52
right after Amazon claimed that there would be no new fee increases in 2025. They flat out lied and are now charging more for a service that was an absolute train wreck this holiday season. And to top it off, 2024 saw the largest price increases Amazon has ever rolled out. Not just financially, but in terms of workload and complexity for sellers. It is becoming harder and harder to sell profitably on the platform without jumping through endless hoops. By the way, if you’re tired of getting screwed by Amazon,

06:22
Make sure you sign up for my free six day e-commerce mini course below on how to start your own profitable online store. It is a hundred percent free and I guarantee you’ll learn a lot. Now the second way Amazon is hurting sellers is through their lowest price enforcement policy. If your products are priced lower off Amazon than they are on Amazon, your listings on Amazon basically disappear. This is a huge problem for sellers because Amazon is where the majority of sales happen.

06:48
Amazon uses web crawlers to monitor pricing on sites like Walmart, Target, and eBay. And if they catch you selling for less elsewhere, your products get buried in the search results. This practice is one of the key reasons why the FTC has sued Amazon. But here’s the strange part. For some reason, Amazon doesn’t seem to enforce price checks on Tmoo, which ironically makes things even worse for sellers. Tmoo doesn’t charge listing fees and keeps transaction fees ridiculously low for U.S. sellers.

07:18
And because of this, many sellers are listing the same products on both platforms, but at much lower prices on Tmoo. Now as a shopper, why would you stick with Amazon when you can get the same exact products on Tmoo for much less? Take this floor mat. On Amazon, it’s 40 bucks, but on Tmoo, it is only a dollar. Granted, selling on Tmoo has its own set of problems, but the point is that Amazon’s policies and fees are artificially raising the price for consumers.

07:46
And don’t even get me started on Amazon’s atrocious customer service for FBA sellers. It is nearly impossible to get a human on the phone. And when you do, you’re met with canned responses that rarely solve the problem. Take Amanda, one of my students from my Create a Profitable Online Store course. She designs her own custom party supplies and has gone above and beyond to register copyrights and trademarks for her top products. But despite owning the rights, she’s constantly dealing with Chinese sellers filing false copyright infringement claims

08:15
to take down her listings. Amazon’s policy treats sellers as guilty until proven innocent. So every time this happens, Amanda is forced to fight back. And while she eventually clears her name, it costs her months of lost sales. Worse yet, the cycle never ends. It just keeps happening. Recently, an eight figure Amazon seller named Molson Hart had 126 of his products taken down on Amazon last week for infringing on the trademark Liahart. But here’s the thing.

08:45
His company name is Via Heart LLC. His seller name on Amazon is Via Heart and he owns the trademark Via Heart and it’s in Amazon’s brand registry. But when he complained to Amazon support, he received a canned response explaining that all products using the term Via Heart would be suspended. Sure, Wilson eventually got his listings back, but he lost tens of thousands of dollars in sales during the 48 hours he was suspended. Right over Black Friday and Cyber Monday, the biggest sales weekend of the year. Now for me,

09:15
It’s a different story, but just as frustrating. Almost every single year, one of our competitors buys out all of our inventory so we have nothing to sell during the holidays. And then after the season is over, they return everything. Because of this, we don’t make any sales for that SKU during the most critical time of the year. And worse yet, we actually lose money after paying Amazon’s FBA and return fees. To make matters worse, Amazon keeps piling on more and more promotions. It started with Black Friday,

09:44
Then came Prime Day, followed by multiple Prime Days. And this year, Cyber Weekend somehow stretched into a 12-day event. Every time Amazon runs a sale, sellers are forced to pay deal fees and slash their prices to participate. For example, to join a Lightning deal, sellers must pay a flat fee ranging from $150 to several hundreds of dollars per product. If you want your products to be visible during Prime Day, you’re required to meet strict pricing criteria, like offering a minimum discount

10:13
off your regular price. Now on the surface, this might seem great for consumers, but the reality is that sellers have to raise their prices during the rest of the year just to survive these deal days. And keep in mind, these sales often take place during peak shopping periods like Black Friday and Cyber Monday. And the result, all sticker prices on Amazon are completely fake, artificially inflated for most of the year to offset discounts during sale events.

10:40
But the biggest way Amazon screws its sellers is by actively preventing you from building a strong brand presence. And they make it incredibly difficult for customers to find the brand that they’re actually looking for. Take my store, Bumblebee Linens, as an example. If you search for it on Amazon, only three out of the top 10 results are my actual products. The rest are from competitor brands. And unless you’re willing to shell out a lot of money, your competitors will always take up Prime Search real estate. Remember Viahart, the brand I mentioned earlier?

11:10
Despite owning the trademark for their product Brain Flakes, they don’t even hold the coveted Amazon’s Choice badge for their own brand. Instead, a Chinese knockoff owns it. How does Amazon even allow that to happen? Chances are, if you search for your own brand, or any brand for that matter, you’ll see a flood of Chinese knockoff brands ranked ahead of you. But it gets even worse. Even if a customer manages to find your product, Amazon will often place ads for their own private label brands

11:38
directly on your listing at a much cheaper price. Here’s a picture of my friend’s emu oil product in Amazon. And right smack in the middle of her listing is an ad for Amazon’s own branded emu oil at 30 % off. The ingredients are more or less the same, so guess what? Amazon is siphoning away sales from her listing, a listing that she paid Amazon for advertising. So where does this leave us? It’s clear that Amazon has no loyalty to its sellers. They’ll take your money,

12:06
bury your brand and even compete against you with their own products, all while pretending to be your partner. But here’s the truth. Amazon doesn’t need you. They built a machine that thrives on exploiting sellers, manipulating prices and feeding consumers a false sense of savings. And as long as there’s a steady stream of new sellers lining up, they will keep doing it. So if you’re a seller, the message is clear. You can’t rely on Amazon. It’s time to diversify.

12:35
build your own audience and take control of your business, focus on creating a brand that people recognize off Amazon. Invest in your own website, email marketing and direct customer relationships. Because at the end of the day, the only way to beat the system is to stop playing their game. If you found this video eye-opening, make sure to share with other sellers who need to hear the truth. And together, we can help each other navigate these challenges and build businesses that aren’t at the mercy of Amazon.

13:05
Hope you enjoyed this episode. As you can tell, Amazon is not the same as the platform as it was before. There’s still money to be made, but it’s a lot harder today. For more information and resources, go to mywifequithejobe.com slash episode 578. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you want to hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event.

13:35
go to SellersSummit.com. And if you’re interested in starting your own e-commerce store, head on over to MyWifeQuitherJob.com and sign up for my free six-day mini course. Just type in your email and I’ll send the course right away via email.

I Need Your Help

If you enjoyed listening to this podcast, then please support me with a review on Apple Podcasts. It's easy and takes 1 minute! Just click here to head to Apple Podcasts and leave an honest rating and review of the podcast. Every review helps!

Ready To Get Serious About Starting An Online Business?


If you are really considering starting your own online business, then you have to check out my free mini course on How To Create A Niche Online Store In 5 Easy Steps.

In this 6 day mini course, I reveal the steps that my wife and I took to earn 100 thousand dollars in the span of just a year. Best of all, it's absolutely free!

577: An Inside Look at Our Content & Ecommerce Masterplan For 2025

577: An Inside Look at Our Content & Ecommerce Masterplan For 2025

In this episode, Toni and I discuss our exciting content and ecommerce masterplan for 2025!

We’re diving into some fresh strategies and trends that we believe will reshape the way we connect with our audience.

Explore our vision and what it means for our brand moving forward!

What You’ll Learn

  • The latest content trends to keep your audience engaged
  • Ecommerce strategies to boost your sales and online presence
  • How to blend creativity with data

Sponsors

SellersSummit.com – The Sellers Summit is the ecommerce conference that I’ve run for the past 8 years. It’s small and intimate and you’ll learn a ton! Click Here To Grab The Recordings.

The Family First Entrepreneur – Purchase my Wall Street Journal Bestselling book and receive $690 in free bonuses! Click here to redeem the bonuses

Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. This episode was supposed to be published at the beginning of the year, but there’s been so much happening that we never got the chance. In this episode, Tony and I talk about our strategies for both content and e-commerce for 2025. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025 over at sellersummit.com. The Seller Summit,

00:27
is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet.

00:57
I personally hate large events, so the Seller’s Summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past 8 years. If you are an ecommerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers. The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th.

01:26
Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:40
Welcome to the My Wife Quitter Job podcast. Today, we’re to talk about what’s going to happen in 2025 and what our strategies are going to be on both the content side and the e-commerce side. I’m excited. You sound really excited. I know. Both of us were chatting right before this about neither of us really quite have nailed down what we’re doing in except for 2025 is like four weeks away. There’s just going to be so much uncertainty.

02:09
We got a new president who’s going to change a lot of things, increase tariffs. China is changing too their policies as a trade war. Even Amazon is copying places like T-Mobile. Lots of stuff going on and a lot to digest here. I would say, I think the uncertainty with everything, I actually see that impacting a lot of different things. I see a lot of people in the blogger space

02:37
wanting to sell their blogs. I don’t know if you’ve seen this as much. I’m in a lot of the lifestyle type blogger groups. A lot of people are like, this is it, I’m done. It’s been several years of Google issues, low traffic, ad revenue going down, getting screwed by affiliates. It’s like a variety of things. People are like, they’ve already either moved on to another

03:04
thing, right? So they’ve kept their blog, but they’re doing something else or they’re like, I just can’t do this anymore. I’ve got to go get a W-2, right? Which I think is, okay, so it’s funny, right? As someone who has been like a serial entrepreneur, I feel sad, right? I feel sad. Cause some of these people, like, I feel like I grew up with, like a lot of these people started blogging shortly after I did. So they’ve been at this for 15 years. To see them just shut down is

03:34
hard, right? But the other part of me is like, ooh, should I buy up some blogs? I don’t know if I would do that. Well, I know. If it’s like to me, it’s like, should I buy up the content? Right. Because my biggest thing, like when I think about 2025 and of course, like I’m in the middle of like a massive home renovation, which has thrown a lot of wrenches into some stuff that I wanted to do this year just because that’s pretty much

04:01
Not only has it taken up all of my extra time, but I don’t have places to make videos, right? My office is still under construction. My house is under construction. I wanna start making these videos, but I’ve realized that I actually need to have, I’m not like you who can make a video with a backdrop. Yeah, yours is harder. Yeah, and most of my videos that I’ve realized, after doing a lot of video last year and putting stuff out and seeing what hits,

04:26
My videos do well when I’m showing people how to do things, right? So I need to have a space like inside my house, primarily the kitchen where I can film and my kitchen is still, it’s done-ish, right? So that’s my first hurdle that I had this year, which will be fixed, right? The kitchen will be finished. It’s not like it’s not gonna happen. But the other thing is like I need content, right? I need content to film. And obviously I have Happy Housewife, which has a ton of content, but to me it’s like you can never have enough.

04:54
You can never have too much content to make videos about. And I was like, well, if I bought some of these properties, I would own the content. And not that I would necessarily use them for blog content, but I could use them as like video content, right? Whether it’s recipes or DIY or things like that, I could just make the video about it. anyway, just seeing all that happening right now has got me, has got the wheels spinning. You know what? So blogging, I think Google’s gonna die in the next two or three years. The traditional search method.

05:24
But I still think the blog is valuable. I don’t know if I would start one as a business today, but ranking, like if you’ve used search GPT or perplexity, there’s gonna be links to popular blog posts and just all the stuff that you’ve done for Google so far will help for AI search going forward. So I don’t think there’s, if you have a blog, mean, selling would be, I think kind of dumb unless you’re just gonna drop it because you’re just gonna put pennies on the dollar. When in fact it is valuable.

05:54
You know, what I think is interesting because I know we’ve talked, we’ve done a lot of episodes on Google and just sort of getting into the search issues really quickly. One thing I have noticed is that, so I’m going on a trip next week and I’ve been doing a lot of Googling. And like I said, we’ve talked about this before, I don’t Google a lot of things. I usually look on Pinterest or I just ask ChatGBT. But I have been Googling, like for example, yesterday, where can I go on a reindeer ride? Right?

06:24
And what I’ve noticed is when it comes to that travel space, like what ferry should I take from this place to this place? It’s all blogs coming up in search. There’s no Reddit threads. There’s no Quora. There’s very little AI. know, normally now you get the AI at the top of the search. You get that a little bit, but it’s pretty much like Visit Finland, whatever, like all these blogs that are coming up at the top of search. So that got me thinking too, like, hmm.

06:55
Is certain stuff making a comeback, like certain topics? Or did these topics never disappear? I hadn’t been searching them previously. Well, there was a November update. I actually haven’t read up on what the November update, the effects of it so far. The trend right now is to start your search on AI and then clarify with Google. Something like travel, I don’t want to start on AI because I want to know these places.

07:24
Do they still exist? Are they open? Do they have a phone number kind of thing? Yes, for businesses and business search, maybe Google become like the old yellow pages. Oh, I would like that. Google is still well regarded as having accurate information, especially for businesses. That’s why I still think it’s probably worthwhile to blog for an e-commerce store or if you have a place of business. Yes.

07:52
So you can show up higher in the search results there. don’t think, so Google’s not gonna die, but like I think their search business is gonna take a big hit, especially when the DOJ kind of, they were talking about breaking apart Chrome from Google. And I think if they do that, that’ll hurt. Like if Google is not the default search engine for Chrome, that’s gonna change things. Yeah. So just piggybacking on what you said.

08:18
That is where I see there’s probably still a big opportunity for businesses. So if you have a local business, and I’m thinking about actually someone in our course that sells the wooden flowers, where her flowers are in retail stores. Now she doesn’t own that store, right? But like those local businesses I think can really still win with Google search because like when I was looking for stuff like in local areas, there’s not a lot of competition, right? The people that have even a basic website

08:47
with a link to book or a phone number and pictures really were dominating, right? And it was a very minimal effort as far as like, it wasn’t this complex website put together, you know, it was pretty simplistic. And so I think if you do own a business, that’s still a really viable option for you to get traffic. Yeah. And just because Google might lose market share, that

09:15
market share is going to get picked up by someone else and chances are they’re going to use similar metrics to rank or show up. but someone like me who does not have a local business, one trend that I’ve noticed that I feel like, okay, what should I do with this is that there are people on TikTok right now who are literally putting their entire Thanksgiving dinner recipes on TikTok.

09:40
They’re literally doing like, okay, this is what I’m making for Thanksgiving. And then each recipe has its own video. Like here’s how I’m making the turkey. Here’s how I make the mac and cheese. Here’s how I make, just this morning, my daughter and I were watching this like scallop potato recipe where she’s like, please, please, please, will you please make this please? And my, literally my entire phone is text messages between me and my girls sending back TikToks of like, well, no, let’s make it this way. Let’s do this. So I’m wondering, because I have like a whole Thanksgiving, like I have that on my blog, right?

10:10
So is the trend for 2025 or is the next logical move to put those recipes in like basically lists, right? On TikTok, YouTube, Instagram, whatever. is absolutely the right move. Yeah. I am doing that too as we speak. Actually, know, video is my primary platform now. Yeah. And so that bumblebee linen strategy for next year, it’s going to happen. Yeah.

10:37
You heard it here first for the 15th time. You know why? I decided to de-emphasize TikTok for my wife, Quit, and just create them out of my YouTube videos and then only focus my efforts on TikTok for Bumblebee. Chinese guy is going to be a face of a hanky company. It’s okay. It’s way it’s got to be. It’s been fascinating though to watch the shift as someone who’s been putting up recipes before you even used photos.

11:05
I probably still have recipes on my site without photos. I think I’ve updated them all, but it’s very possible. I have 700 recipes, so there’s definitely one or two that snuck through. That’s a really interesting strategy with any topic. Obviously, I’m in the recipe space, but if you’re redecorating a room, make an overview video. It’s like the old school, that’s your pillar post and then you can-

11:34
branch off and do individual posts based on, well, this is how we redid the fireplace mantle or whatever. I definitely think that is the strategy I need to have moving forward. Those videos are hard to make. Cooking videos are hard. I know, but I see that as a good thing. Less people are going to do it. Yes. I’ve seen all levels of edits.

11:59
I’ve seen some people who have really great editing and they’re using a really, you can just tell. They’ve got a full professional setup. But I also see people that don’t have that level. In fact, there was one girl that I watched this video where she was making, I think it was the mac and cheese recipe we’re gonna make. And she’s like, I bought this, I can never think of what it’s called. It’s like the boot that hangs your camera so it can film from the top. Oh yeah, yeah. Bill always has to tell me what the swing arm.

12:27
or whatever, right? Yeah, yeah, yeah, yeah. Anyway, every time we do this on our course, Bill’s like, it’s called this. And I’m like, I will never remember that. Anyway, so she’s like, I got this new tool so I can show you from the top. And she films like four steps using that. And she’s like, I don’t like this at all. And then she put her camera back to where she’s like in the video. So even in her own video, she’s trying out things and being very transparent about it, right? And the video’s got like a million plus views. It’s not like it’s hurting her. So anyway, I think that

12:56
I don’t think that for people listening, the quality doesn’t have to be absolute professional editing level. think just making sure that it’s the same things we always talk about, clear, good sound, easy to follow kind of thing. mean, these Bumblebee TikToks are not gonna be professional. It’s gonna be me at the office just talking about what’s going on and hopefully I won’t drive my wife crazy too much. Which I think brings up a point, because you were like, I’m all in on video. I need to be all in on video.

13:26
I do think, and we get on our friend Kevin about this, right? Because he makes videos for YouTube and he does a ridiculous level of editing, hours and hours worth. And we were always like, Kevin, you don’t need to do all that. But I will say that like, if you can do cool edits, that’s actually a way to grow your channel. I don’t know if you, see we are in such different TikTok algorithms, every time I say something, I’m like, he’s not gonna know what I’m talking about.

13:54
Have you seen Lady in the Bathroom on TikTok? She basically lip syncs to just like absolute any genre of music in her bathroom. They tried to cancel her for dumb reasons and whatever. She went through a little controversy, but because she went through this controversy, everybody’s talking about her.

14:20
everyone’s like, well, she got popular because of her awesome edits. And she always appears on my feed. so I watch like four or five of her videos, like just for the purpose of like research and her edits are really good. Like, and it’s just how she’s cutting the clips. It’s real, like she doesn’t have any text overlay, doesn’t have anything. It’s just how she’s literally editing the movement. And it’s really good. So I’m like, either one, if you do have editing skills or two,

14:48
if you want to hire someone overseas, it’ll be very easy for someone overseas to do this for you. And you’re looking for like the angle, that could be the angle for you. Bottom line, if you just put out stuff that’s interesting or if you’re interesting, it’s going to do okay. Yeah. So I just hope I don’t tarnish the Bumble Bee Linens brand as Jen sees it. That’s why you will 100 % guarantee. Because I want to say some stupid stuff, know, you know, just

15:17
Whatever comes to mind, I always stick my foot in my mouth. With the Bumble, I’m curious about this because I feel like we’ve been talking about this for years. It hasn’t been years. I have a bunch stored. I don’t know if you this. have 15 to 20 videos stored, but I’m not sure if I like them, so I’ve never published them. Interesting. What are they? We had our employees film three videos a day just on what they’re doing.

15:45
I just had MJ compile them into videos. But they feel like sales videos in a way. Yeah, I think that’s what you’ve got to fix. And they’re just showing the merchandise and whatever. I can’t see that drawing any interest. So that’s why I’ve never published them. Yeah. So one cool to that same footage and just kind of narrate what’s going on. Like, oh, man, for some reason it’s slow this year or wow, we just got, I don’t know, just make it.

16:14
a behind-the-scenes look at actually running the business. I think one that you could easily do and do it once a week is pack a box with me. Yes, we have one of those actually. That’s one of the ones that are keepers. People love seeing that and also another fun thing you can do is as you’re packing the box, add in something extra.

16:40
and being like, Anna in Massachusetts, you’re getting a little surprise, you know, and like, because people. No, but like, you know what I’m saying? Like, I think that like for the cost that it takes for what it costs you, right, to do something like that is very minimal. But the excitement of like people are like, oh, I’m going to watch this. want to hear my name called out. Right. I want to see. Like, I think those are actually really effective. Yeah. And.

17:07
I’ve also seen things like that where people are like tagging their friends named Anna. Like Anna, did you order from this company? You know what I mean? Like it has a really nice virality to it. And like we’ve talked before about like sales and discounts, it’s a way to build a brand and like get engagement without paying, right? I mean, you’re paying like two bucks, whatever, three bucks, maybe tops for something like that. Less than that actually. Yeah, but I didn’t want to give away your secrets. So. Yeah, that’s why the personalization like

17:36
Highlighting personalized merchandise is actually really important. And we’ll just like announce their first name and maybe on off chance, someone will see it or pick the funniest ones. I already have a collection of those actually. So I have all the raw materials. It just needs to get to something that I’d be happy with and something that I can sustain with very little energy. That’s the key here, very little energy. Okay, so that’s my question for you is how are you going to do this with as little energy as you have?

18:06
Well, no, I just hop into work and I film myself talking about what’s going on. Then I already have all these clips, which I’m still going to have the employees film and then just mash it all together. What’s your goal for how many a week do you want to put out? I’m going to start by doing three a week with the goal of going five a week. I need to get into a flow. That’s the hardest part about all this. Once I’m in the flow, going to five should not be a problem.

18:33
So when you think when you go down there to film, are you going to film like a week’s worth of content? I’m going to do, yes, a week’s worth of content or if I’m just inspired by all the hankies and linens around, I’ll just get it all over with. Because in theory, it should be a lot easier than filming a long form YouTube video for me. It’s hours of prep for me on a YouTube video. Yeah. Right.

18:58
I just wanted to take a moment to tell you about a free resource that I offer on my website that you may not be aware of. If you are interested in starting your own online store, I put together a comprehensive six-day mini course on how to get started in ecommerce that you should all check out. It contains both video and text-based tutorials that go over the entire process of finding products to sell all the way to getting your first sales online. Now this course is free and can be attained at mywifequitterjob.com slash free.

19:27
just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

19:38
I have an idea for you. Just throw some hankies on the floor and lay down and make a snow angel and have your employees be throwing hankies on you and you could have White Christmas playing in the background. That’s a winner. That’s a winner. I like that one. I got all sorts of ideas for you. That one’s funny. Also, if you’re ever at a Warriors game, you should have one to dry your tears of happiness.

20:06
about happiness last night with that. All right, let’s switch gears and talk about the new president that’s coming in and its effect on e-commerce because I’ve been getting a lot of questions about this. The number one thing I just have to say about all this is we’ve been here before. Yeah. Like when Trump was president in 2016, he announced 45 % tariffs across the board. But that was not the case. That’s not what ended up happening. Most of the tariffs were at seven and half percent all the way up to 25%.

20:36
Most of our stuff fell into the seven and a half percent. Like most of the staples and everyday goods fell into like the lower bracket. But here’s the other thing. I don’t remember us raising prices that much to account for the tariffs. Because if you think about it, the tariffs aren’t that big of a deal. Like let’s say you have a 25 % tariff. Let’s say you sell something for a buck. There’s a 25 % tariff. And typically you sell that stuff for four bucks, right? So 25 % tariff.

21:06
So that means it’s going to cost you a buck 25. So if you were to even pass that cost to the consumer, you would charge $4.25. Right. Right. You wouldn’t charge 4x that amount. And so I don’t think from a from a vendor point of view, it’s going to be that big of a deal, even if he raises it to 60%, which I don’t think he will. But even if you do decide to get suppliers outside China, all the

21:36
All the Chinese factories are actually moving to Mexico. So I’m not sure how it’s going to work. They’re moving to Vietnam and they’re owned by the same owners in China. They’re just physically located somewhere else. So I’m not terribly worried about the tariffs. Okay. Who should be worried? Anybody? Who should be worried? I guess if you’re a Chinese supplier or if your supplier doesn’t

22:06
doesn’t do that and you have to pay the tariffs. I don’t know. See, there’s a lot of things that China can do also. They can devalue their currency and make it more attractive. I don’t know how this is all going to play out, but I guess the consumer is the one who’s going to pay. Yes. That’s the issue, right? I would say if you have your own store, you’re selling on Shopify, BigCommerce, whatever,

22:36
you’re in a much better position than if you sell on Amazon. Yes. I think the Amazon sellers are the ones that need to really be paying attention because I feel like I think about some of my clients and what they charge and adding an extra 25 cents to something is negligible. Even if you do have to, maybe you sell something for $10, now you sell it for 11. That’s really not a huge price jump.

23:06
when you’re on Amazon and you’re already fighting those margins, I mean, we know a lot of people on Amazon that their margins are like 10, 15%, right? When it’s all said and done. And to me, that’s where I would start to get worried about some of these extra, because it’s just another fee that you’re going to be paying. And on Amazon, you can’t always pass that along to the customer because you’re constantly in a price war. That is the problem. Amazon’s prices aren’t that elastic.

23:35
Let’s say you raised it to like $4.25, that might put you over some guy who’s selling it at four bucks. Then because branding isn’t that big a deal on Amazon, they’re going to probably pay for the $4 one, buy the $4 one. Yes. In fact, just speaking of branding on Amazon, I went to buy a turkey roaster this weekend because I need one for Thanksgiving. I was shocked.

24:01
I was looking for, and I don’t wanna say it’s a US brand because they’re probably all manufactured overseas, right? So I’m not pretending that I think that if you buy a Black & Decker or something that’s manufactured in Ohio. But I was surprised that I could only find two brands that I had heard of before. And in the kitchen space, I’ve heard of a lot of brands, right? So it’s like, I could only find two turkey roasters that were like, Hamilton Beach was one and I can’t remember the other one.

24:31
and every other brand was clearly a brand that you’d never, those brands that are like, is zing zong zong. Alphabet soup is what they’re. Yeah, alphabet soup, yeah, it was 100%. And I was like, so are brands like, know, Oster or KitchenAid, right? I mean, they still sell KitchenAid mixtures on Amazon, things like that, but are they moving stuff off? You know what I mean? Are they just relying on their retail presence and- This is what’s going on. You know?

25:00
These Chinese companies are actually opening up multiple, multiple accounts and selling the same stuff under different brands. So they flood all the listings of the same stuff, pushing everyone else down. And I don’t know how to really police that. don’t know how Amazon, they clearly haven’t done a good job. But this flood method from the same company works. So maybe that’s why you’re not seeing it. And that’s the other crazy thing is like, you know,

25:28
There were roasters that were like $109, right? But then there were like multiple ones that were 35. The exact same roaster, right? Or basically, like there was no additional features or anything like that. So it’s kind of like, not only are they opening multiple brands and flooding, they’re also dropping the price so drastically. Like how can you compete? Like, especially when you think of something like a roaster, right? It’s a real, like the box is huge, showed up yesterday. You’re just pushing people out and then they can raise the price.

25:57
when they’re the only sellers. Anyway, that’ll be interesting to see what, but all that leads to people just don’t have the same play with pricing as you do if you have your own brand. I mean, you try to buy a pair of Uggs on Amazon, good luck. I’ve never tried. Can you get Uggs on Amazon? You can, but you’re paying Uggs pricing or more because someone’s arbitraging it.

26:26
No one’s out, because Uggs is a known brand, same with Nike tennis shoes or anything that is an actual known brand. That’s where I think that becomes so important as we continue moving forward. brought up Uggs and do we have this conversation? We actually just bought my wife a pair of Uggs for her birthday. Okay. And Uggs are expensive. Yes, they are. And so I was looking at

26:53
I was just going to shoe stores. There’s a lot of Uggs knockoffs, but we ended up getting the Uggs because she wanted the Uggs, right? Yeah. And so that just demonstrates the power of the brand. This is a great segue, by the way, to what my strategy, I think I probably announced it on this podcast before, but we’re going straight into digital printing for our products. So anything we can personalize with the printer is super easy because it’s all done in Photoshop. We’re also doing

27:20
We’ve done custom embroidery for many years now, but we’re also going to do handwriting embroidery going forward. I didn’t even know this was a thing, but you sign something and you want that in a handwritten form for your wedding. And that couple with digital printing, I think it was in Office Hours that I said this, but basically every special occasion under the sun, we’re going to have images and personalized stuff for.

27:46
That way we don’t actually have to carry a variety of that much inventory because we’re printing on the same substrates. That’s going to be, think, our strategy going forward in the long run. I think that’s a genius strategy because you’re basically providing something where there’s a huge barrier to entry. You have to have one of these printers or some kind of printer, which you have said many times, it’s a very big pain in the butt to It is a pain in the ass, yes. Or my cussing.

28:16
I feel like just the average Joe isn’t going to go buy one of these printers and start a linen embroidery business or digital printing business. I think that’s a way to tariff proof, regime change proof, whatever you want to call it, your business because you’re providing something that is very difficult for people to get anywhere else.

28:43
I wouldn’t say it’s difficult, but there’s certain barriers to it, right? Like one, the price, the cost of the printer. You still have to import stuff to get the cheapest stuff. then, yeah, just maintaining that thing. Like people listening to this don’t know, but I got a DTF printer last year and it has broken down multiple times just because of user error, actually. I didn’t know what I was getting into. Yeah. Cause the thing worked great for like the first.

29:11
six months and then I started having clog problems and cleaning. I’ve taken apart that machine almost bare bones. I feel like it’s monthly you have to take it apart. Well, now I’m just trying to figure out the system to do it and I think I’ve finally got it. Thank God. Anyway, people aren’t going to want to go through that. In that, think there’s, yes, people can get these things, but it’s hard for someone else to start this business.

29:40
You’re not just going to go outlay all this capital to buy the printer and the inventory and train somebody how to do it. There’s the other issue of how do you actually use this thing. That’s a whole barrier to entry. It reminds me of, so why did these… Obviously, we’re talking about huge brands. Uggs is a giant brand.

30:01
There’s something about Uggs where your wife didn’t want the knockoff. I actually have a pair of Uggs. Well, my daughter, of course I don’t. My daughter does. Just like I’m more an Old Navy and she’s wearing Lululemon. She’s got a pair of Uggs and a pair of knockoff Uggs from Imelou’s Boutique. Probably made in the exact same factory. I’ve put both of them on my feet. Now, she has a smaller foot than I do, so I can’t fully wear them. They feel exactly the same. Exactly the same. Yeah.

30:31
Very little difference. Small differences in like the actual appearance, right? The stitching is a little bit different kind of thing. But like as far as like comfort, no difference at all. Are they called eggs by any chance? They’re called eggs. No, no, I’m not even joking. I know this brand called eggs. Yes, there’s a couple of knockoffs that basically are like this almost the same as Uggs. But like Jen still wanted Uggs, which I totally understand. I actually just bought a pair of slippers.

31:00
So I had a pair of Land’s End slippers that I bought like 20 plus years ago. Last year, they were literally 20 years old and they’re moccasin slippers. So you can wear them outside, you know, and stuff like that. And they were literally disgusting. Like they were so gross. The whole bottom, like I’m pretty sure there was like gum and dog poop and like, and Brian was like, those need to go. Like you cannot keep wearing them. They’re absolutely disgusting. And so I threw them out. Worst decision of my life. I’ve missed them all year, right?

31:28
And so I have bought probably six pairs of slippers to like replace this pair and I keep returning them cause they’re not, they don’t make this kind, they don’t make the kind that I threw out. So anyway, like you create that brand where it’s like, I need the Uggs, right? I need this experience. I need the stitching, the comfort, the whatever they use on the inside material. It’s the same thing. Like once again, you don’t see this on TikTok, but there’s like the Hermes.

31:51
lady who people bring in their purses and she like, you oh, this is a palladium, blah, blah, blah. And this color is, and it’s like, Hermes has created this thing where like they don’t even let you buy their stuff. Right. Like there it’s like, it’s like you have to wait till March of 2026 to come in our store and buy a bag. Right. So like, but I think that creating a brand that does something similar. Right.

32:17
where you create this experience, this difficulty, whatever it is to, like Uggs sells out, right? The Tasman, I’ve been trying to get Tasman’s for like two years for Cora. Can’t find them anywhere. They get in stock, they sell out in like 10 minutes. And it’s like, if you can do that with your brand, right? So you figured out how to do that with Bumblebee, where you’re putting, they can get a Mother’s Day or they can get a Valentine’s Day or they can get someone’s name handwritten. That’s pretty cool. Like I think if you had like someone special pass away,

32:45
like having their signature on a handkerchief would be really cool, right? Gift to give somebody. the point of all this is these are things that are hard for someone, know, thousands of miles away to replicate. Yeah. Right. Yeah. And so that’s what you have to think about because there’s services like Tmoo, Shein just announced earnings. had a 68 % increase. Shein is this knockoff clothing place. Like they literally take high end brands and create the same thing and sell it for like 10 % the cost.

33:15
Yes, they’re so cheap. It’s ridiculous. kid shop there? Oh, yes. I hate that they shop there. Yes, but the stuff is fast fashion. It’s cheap. Yes. But it looks pretty similar to the real thing. Yes, very much so. Then you have knockoff like Tmoo. Amazon just announced their Tmoo clone Amazon All. It’s terrible, by the way. Did you try it yet? No, no. Okay. Here’s the problem.

33:42
In the example I use in my YouTube video, I was in the market for jump rope. So I looked on Amazon, it was $7. The exact same thing was on haul for three bucks. Okay. And then the exact same thing was on Tmoo for 250. Okay. So where am going to buy from? Right? Amazon’s hurting themselves. Yeah. By having it. And I think they’re in a rock and a hard place because they can’t do too well on haul because it’ll eat into their main Amazon businesses, which is their bread and butter.

34:12
Right. The product selection sucks. It’s not going to be around, I’m pretty sure. Where did you buy it? Did you buy it on Tmoo or Haul? I ended up buying it on Amazon because I wanted it the next day. Whereas Haul and Tmoo, takes one to two weeks for stuff to arrive. I didn’t get the cheapest one either. I ended up getting one with the weight on it. You got one that jumps for you.

34:40
You just stand there. It comes with two people to turn it. My point is that if you’re just selling something that you can get anywhere, it’s probably going get knocked out. If it’s clothing, it’s probably going to knocked off on Shien. If it’s a regular everyday object, it’s probably going to knocked off on Tmoo. Really, you got to think of something that’s better.

35:08
or makes you stand out or you start a brand or you do content like we talked about earlier. Well, and I think the brands that are doing content like are the ones that are able to get that experience. Like I’m never buying an Hermes bag. Like, let’s just be real. I couldn’t I can’t spend that much money on a purse when I could have a car. Right. But like and I like purses. I was just going to say you have some pricey purses. I have some nice purses. No, they’re not. But like

35:39
they’ve created that experience, that exclusivity, and their content creation that they’re doing now is just skyrocketing their brand, right? It’s just pushing it to another level of exclusivity, and you’re seeing, so they’re doing a great job of taking what was something that was already, they’re probably doing just fine, to taking it to a whole nother level.

36:08
with social media and creating the content. We talked about this, I think, a couple of weeks ago. Chili’s, my daughter works at Chili’s. They were actually struggling financially as a business. And a TikToker posted their, they have this great deal. It’s like three chips, an entree and a Coke for like 10.99. And she posted how great, it’s been responsible for like a 40 % growth in their profits.

36:38
It’s insane. It worked. But I think if you are any kind of brand, but specifically in e-commerce, doing something that creates that value for the customer outside of just the buying experience, the content creation, it works. We joke about the old school commercials and things like that, but those worked too. It was just in a different medium. Back in the day, you only had television commercials to convey the message.

37:07
Now you can do it in so many different ways and what’s nice for smaller e-commerce brands is you don’t need a television budget. You can do this all on social media. In fact, one of the supplement companies that I buy from is now doing TV ads and I’m like, now I’m not going to buy from them anymore. They’re too successful. If you have TV money, I don’t want to buy from you. TV, they’re hurting. True, true. I’m like, I want the brands with podcast money.

37:37
That’s exciting as a brand because you can leverage this for so much less than you could 15 years ago when the only thing was to like, remember back in the day when someone would do a Super Bowl commercial and it would be like this huge deal, Like, like GoDaddy. I think GoDaddy did a Super Bowl commercial when you’re one of those type sites and everyone was like, what? They’ve arrived. Now anyone can do anything with social Get some more exposure. Yes.

38:07
Yeah, because you could get more exposure if your video goes viral. So I guess that’s the moral of the story here. So pick a product that isn’t easily replicated and do content. That’s pretty much the formula for 2025. think all these ad platforms are getting more more competitive also. like Google ads have just been on this decline for for actually ever since AI, they’ve kind of been on this decline and meta ads are

38:36
pretty competitive these days too. you know, social media is free. You can even use TikTok shop in the way where you’re just listing your products and you get affiliates to promote it. Affiliate, influencer marketing is still a pretty good thing, provided that your product is reasonably interesting. Yeah. And I think that’s the way going forward for 2025. Hope you enjoyed this episode. What’s your plan for 2025? Let me know in the comments.

39:05
For more information and resources, go to mywifequithejobs.com slash episode 577. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you wanna hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to sellersummit.com. And if you’re interested in starting your own e-commerce store, head on over to mywifequithejobs.com and sign up for my free six-day mini course.

39:35
Just type in your email and I’ll send the course right away via email.

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576: ChatGPT’s Biggest Threat? China’s AI Breakthrough Could Change Everything

576: ChatGPT’s Biggest Threat? China’s AI Breakthrough Could Change Everything

In this episode, Toni and I discuss how China’s recent AI breakthroughs might just be the biggest threat to ChatGPT’s dominance.

We’ll dive into what these advancements mean for the future of artificial intelligence and the potential impact on the global landscape.

What You’ll Learn

  • Discover the key advancements in China’s AI technology that could shake things up in the AI space
  • Learn about the potential implications for ChatGPT and other AI players as competition heats up
  • Get insights on how these developments could reshape the landscape of artificial intelligence globally!

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. In this episode, Tony and I talk about AI models, especially the latest free one that came out of China called DeepSeek and its implications on privacy and the AI market. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025 over at sellersummit.com. The Seller Summit

00:24
is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet.

00:54
I personally hate large events, so the Seller’s Summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past 8 years. If you are an ecommerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers. The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th.

01:23
Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:37
Welcome back to the My Wife Quitter Job podcast. Today, Tony and I, we’re going to talk about AI because there’s just been so many things happening. I woke up the other day to my Nvidia stock crashing. oh. Like 16%. And I was like, what’s going on? And it had to do with China’s release of the new DeepSeq AI, which ironically I’d heard about the week before and I was going to try it. And then, you know, all this news came out saying, oh, they used

02:07
like 10x the resources to train that model and they’re giving it out for free open source. And apparently I think the investors took it as, well that means people need to buy less Nvidia chips. so, and then open AI obviously, who’s the leader that runs chat to PT, they crashed because this model is supposedly better than open AI’s model chat to PT and it’s free. So anyway, we’re not going to talk about the news today because that’ll bore everyone.

02:36
I don’t know. I’m like already invested. Just are you really pair? Yes. Okay. I am. Well, the other thing that happened like this morning, I don’t know if you follow Alibaba released a Okay, but didn’t they talk about this at the conference we went to last year? Wasn’t this like up and coming? No, no, no, no. Alibaba at the conference talked about using AI to help with sourcing. Okay. Yes. So this is a whole different thing. This is an AI model like Chachi PT.

03:04
Okay. That’s supposedly better than chachi PT and the one that deep deep seat, which is the latest one that came out. Yeah. And they announced it today right before Chinese new year. Okay. I have so many questions. have so many questions. Okay. Sure. My first question is, what is it called? Deep seat, deep seat, seek, seek. Deep seek. So this is a Chinese product.

03:28
It is. It’s a Chinese open source project, which means all the source code for everything is all released and you can download it and run it on your laptop if you want. Right. My first question is, since we just recorded a podcast on the uprise and fall of TikTok, is this something that will be around? Is this going to get banned? I don’t want to talk about conspiracy theories here, but there’s this conspiracy theory that now that China’s lost TikTok,

03:54
Like, it’s like you have to enter in all your information to get access to this model. What’s all your information? I think name. Actually, I didn’t fill it out. I didn’t completely fill it out. You use my name and address? But definitely email, for sure. OK, yep. But once you’re in, all the things that you type into it, if you look at the terms of service, they’re allowed to look at all that information. OK.

04:23
Unlike OpenAI where you can, I think there’s a box that you can check or something where they won’t, you know, look into all the stuff that you’re typing in personally. Yeah. Yeah. So my, I wonder like, this, will this stand the test of Trump? guess is the question, right? This is much more invasive in my opinion than TikTok because you’re typing in questions about your everyday life. You’re asking it stuff. Yes. Potentially giving, you know, the owners a lot more information.

04:51
that you get from TikTok. Because I can only imagine. Do you remember like, I don’t know if, I don’t know, because I don’t use Google a whole lot anymore. And I don’t know if chat GPT does this, but you know how in Google you type in, how do I, and then it will start finishing it for you. Yeah. And like the top one is always like, how do I poison my wife? Right. It’s like always something like really crazy. And you’re like, are that many people searching for that? Or like, how do I fake a car accident? Just your search history. That’s all. Not mine. Mine’s not like that at all. But.

05:20
You know what saying? When you start typing into Google, you can see the most common things that people type in. My thought is that people ask AI questions that they probably don’t know they want. They don’t want the rest of the world to know about. Yes. By signing up for this and using their free service, you are passing all that information to the Chinese government, essentially. Right. Then also, can it be used to convict you of a crime? You could go down a rabbit hole on this thing, but…

05:50
Yes. So that’s the conspiracy theory. I didn’t want to even bring it up, but you brought it up. I’m like so curious. And then the new Alibaba one came out. I don’t even know what it’s called. It’s got some weird name, supposedly better than DeepSeek literally just announced one week later and it’s better than open AI. It’s better than DeepSeek. And once again, it is free. And who owns that? Well,

06:17
Good question. It literally just came out this morning, so I just saw the headline and I didn’t Is it owned by Alibaba? I think so. That would also be Chinese. I think it’s open source. Let me just do a Google Haul. Alibaba AI model, is it open source? There’s just no way that this DeepSeek is going to be allowed to be used, especially if you said you can download it on your computer if we won’t let people have TikTok.

06:46
It doesn’t look like, I don’t think the Alibaba one is open source, but the DeepSeq one definitely is open source. So it looks like the Alibaba one’s owned by Alibaba, but it’s a Chinese company. in theory, the government could get access to all the queries that are typed in there. Actually, that’s another, let’s just get, I want to get this out of the way because now I’m not going to be able to sleep at night. So you know how when you get arrested, I mean, you don’t know and I don’t know either. Oh yeah, know. Yeah, of course.

07:16
This is what happens when I spend a weekend with Andrea watching her true crime shows on TV. You know how they can use your Google search history or your computer? Our friend Kevin talks about this a lot, like incognito isn’t really incognito. So they can use your browsing history to help convict you of something. Can people can law enforcement, the authorities, whatever, use your A.I. history? Like, can they log into your is that also like available for people to use to then? You know, what’s funny is these are not the questions that I think about in life.

07:46
But I would imagine the answer is yes. Well, it goes to the privacy issue, right? It’s not because you or I are planning on committing any crimes. It’s more about if all of the because the whole reason why TikTok, you know, they banned it and then brought it back is the whole data issue. Right. And where is your data going and who has your data? And so to me, with these AI tools like this is basically overtaking Google. Right. It’s going to be the new search. It’s the new search for people. And so.

08:14
Is that something that they can use then against you, for you, whatever? I think if the government subpoenaed that information, I don’t know the answer to question. It hasn’t happened yet. So I don’t know the answer to that question. But I do know this is what I think is going to happen since we’re talking about predictions here. I think that China is just going to make all these models for free because right now you have to pay for Chachi BT, you have to pay for Claude. And I think you have to pay for Gemini, actually, the higher tier. Yes, you do.

08:43
So China is just going to release all these models that are as good as what’s out there for free and harvest all this information from people. I agree. It’s like the next TikTok, but better. But then what do you do with that information? What would you do? As a Chinese person? Yeah, well, you’re Chinese, so don’t you? I don’t know what I would do, but you can mine it for information. Based on what people are acquiring, it’s kind of like Google, right?

09:13
What are people interested in? And then use that information for marketing or, and if you want to get really nefarious, you can introduce propaganda. I don’t know. Right. Here’s the big conspiracy theory. Once they have all these users, they can tailor the AI results to feed whatever information that they want. And what’s funny about this is I think someone typed in

09:42
Tenement Square into Deep Seek and I think there was nothing. Right? So clearly it’s already been tainted in some way. Yeah. So this is so interesting because they can obviously they have the power to do this, but I like how we automatically assume that like Chachi BT and Claude are not already doing that. The difference is it’s an American company.

10:09
But you think Americans are that good? I don’t. I don’t. But supposedly in OpenAI’s terms, and I never read these terms in privacy policies, but they’re not supposed to. Well. Right? I mean, do you really believe, like, genuine, I mean, I don’t want to get all like conspiracy theory. I don’t believe this because, OK, here’s a story that just kind of popped in my feed. It was an older story. But you know how when you’re just talking about something on your phone and all of a sudden you get an ad for it? Yes.

10:38
Well, it turns out there was a company that was listening. Yeah. And they told us for so long, oh, we can’t listen. It’s not possible. It’s against terms of service. They fed us that for years. And Zuckerberg still fed that to us. Yeah. in the end, it was some third party company that was doing it through whatever, right? It reminds me of when my kids were little and like I used to have to hide cookies after I made them and they would always like

11:06
wake up in the middle of night and eat the cookies and then I would confront the culprit and he was always like, it was obviously one of the boys. And he’s like, I didn’t take the cookies, mom. And he didn’t take them. He had his brother take them and then they both ate them. But it was like, I didn’t do this. I’m fully aware of the other party that’s doing it, but I’m going to maintain my end. That’s what it sounds like. The seven-year-old, I didn’t take the cookie prank. But I can’t tell you how many people have signed up for Deep Seek already in just one week. Don’t you think that’s terrifying?

11:36
I mean terrifying. Or did you sign up? No, I didn’t sign up. I was afraid to because it asked me for all this. Well, you can sign up through Google, ironically, with a Google login. can, yes. Where Google will pass your email and all that stuff. I was going to wait till someone else downloaded it and gave it to me so I could run it on my PC, actually. One of my buddies is going to do that on a burner box. OK, we need to have Kevin do it. He’s probably got all the equipment. Yeah, Kevin can probably do it.

12:06
But yeah, this all happened in the last week and I’m still processing it. I mean, free is pretty compelling, right? It’s only 20 bucks a month, though. 20 bucks a month? That’s a Netflix. Actually, does it even pay for a Netflix? I don’t know anymore. their prices. know. Everything’s so expensive these days. just. Wait, I always wanted to ask you this. Are you paying for any tool right now, AI tool? Yeah, I pay for Chachipetit. Chachipetit.

12:34
I’m about to switch it and pay for Claude and not pay for you, but I haven’t run out of the free Claude yet. don’t use it. I run out of free Claude. My kids use it in 20 minutes. They’re out. Now that I just hired a video editor and I’m going to start making more videos and scripts and stuff like that, I’m going to switch it over because I don’t use it. I use ShoutGPT, for example, the other day when-

12:59
We had to switch our AWS login information and I couldn’t figure out how to add you as a user and it wasn’t super obvious. I was like, I’ll Google it. And you’re like, chat GPT it. And I was like, but chat GPT isn’t a verb yet. So let me keep saying Google. I mean, I was planning on looking at chat GPT for the answer, but I was like, I don’t know how to say that as a verb. But that’s kind of how I use chat GPT at this point is like today I was doing something in Google Sheets and I needed to know how to create a formula. So I just went to chat GPT and of course they tell you exactly.

13:28
And with that stuff, feel like ChatGBT is always pretty correct. You don’t get in a rabbit hole of this wasn’t right. But yeah, with the script and stuff, I’ll probably be working more with Claude. So I’ll probably end up switching the paid subscription over there. But yeah, $20 a month is, it adds up when you have a couple of those. I mean, just $20 a month versus free and potentially better. don’t trust anything that’s free. That’s the problem.

13:58
Well, that’s you, but just think of like the average American. Yeah. Right there. Let’s just take the employees that work for Bumblebee. I know for a fact that they would go for the free version. They don’t care. Yeah. Right. Yeah. Over the paid version. Even me today, actually, I recently just canceled my mid journey subscription. Did tell you this? In case you guys are listening, mid journey is like an

14:23
Image AI tool where you can just generate images and I was using those for my YouTube videos thumbnails and whatnot But the free ones are they’re not as good, but they’re good enough Yeah, you know, so why why am I paying ten to twenty dollars a month for something that I? get for free as long as you don’t have hands. You’re fine Yeah, so same same goes I mean if

14:50
If this deep seek, and this is something that you could actually in theory just run on your computer, I’m pretty sure most people aren’t gonna do it that way. Yeah, I was gonna say, that was my next question for you is like, can the average person, like you say open source, that doesn’t mean anything to me. I mean, I know what it is, but like I’m never going to take advantage of that. I think most people are not gonna do that. And it does require kind of like a hefty computer, like you need a good video card. The reason why that was attracted to me,

15:20
was because right now when you do image generation, it censors it. Like if you wanted to do an image on like Trump, for example, or something like that, it would not let you do that. It doesn’t let you do images of famous people just because I guess there could be a lot of abuse for that. But when you download the model and tweak it or whatever, you can do whatever you want with it. Okay, so this is gonna be a dumb question, but I…

15:48
I promise you there’s someone listening that has this same misunderstanding that I do. If you download it onto your computer, then how are they going to get any data if it’s now your- They can’t. They cannot. Okay. I couldn’t make that connection. That’s correct. They cannot. Like you said, no one’s going to do that, right? You have to spend $1,000 on a video card, a couple thousand dollars to run the better models, the bigger ones.

16:15
And so we’re talking maybe like a $3,000 expense just to be able to do this. But if it’s open source and… So let’s say I’m… So could you potentially use this for… Let’s just use Bumblebee as an example. Could you use the open source to build your own AI for Bumblebee for customer service and all that? Like, where’s my order and those types of things.

16:43
Or does it I don’t know about that bit. And here’s why. Let’s say 200 people decide to chat with Bumblebee Linz at once. My little PC is not going be able to handle that. OK. So it’s more about resources. Yeah. For me, I would just use it as my own personal AI that I could just tweak and mainly generate images that I want to generate. Because that’s one of the reasons why I canceled Mid Journey also.

17:10
Like I just wanted some basic, like I wasn’t gonna do anything malicious, just some basic pictures of people who are well known, right? And it wouldn’t let me do that. This is not where I thought the episode was gonna go. I you had so many questions. I have a lot of, okay, we can shoot. Well, no, no, it’s okay. mean, what I wanted to talk about was like all the models and everything that are out there just for people who are listening that don’t follow all this stuff. But I mean, that was the big news for the week, obviously, deep sea.

17:37
which caused markets to crash. And I think Alibaba’s announcement today caused the markets to crash again today, because I woke up this morning and seeing a bunch of red. Interesting. So for the everyday AI user, I think every AI tool minus the new ones that have just been released, they have a paid tier. Yes. So what would you tell someone? Because I’m always amazed. I feel like because we live in this digital marketing world, everybody we know has been using AI for like two years.

18:07
Right. But then I talk to people who don’t really live in this world and they either have heard of it, they use it a little bit, but they’re not. I would say, where do people get started if they haven’t really jumped in yet? I just introduced one of my clients to it six weeks ago and she’s literally said she wanted to marry Claude when I was with her this weekend. That’s what my mom said.

18:30
Because she has to write these scientific papers and her grammar isn’t great, right? She has all the data, but it’s hard for her to put on paper. She’s like, oh my God, with ChachiPT, I can write these papers so quickly now. Yeah. Yeah. And so she said something along the same lines, not Mary, but She’s marrying Claude. My friend is marrying Claude. But imagine, most people haven’t even scratched the surface. Have you used voice with ChachiPT where you can have a conversation with it?

18:59
No, my brother has, but I have not. I mean, there’s a whole bunch of functionality that most of the public has not even tried. Yeah. Yet.

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19:40
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19:51
One of the things that I think is a very public use case for AI that my brother has been doing is that he has been putting in medical results. You know how you go to the doctor and maybe something’s a little bit wrong with you when they run a bunch of tests and you can see the results but you have no idea what they mean, right? He will put those results in AI and they will give him multiple

20:21
OK, this level is high, but it’s actually not high based on your age and whatever. this is like this is like five common things. And it literally spits out like kind of like what your mom’s doing, this full like basically report. that I think what’s really helpful about this is that before you go to the doctor, you can basically create a list of questions that are pretty educated, right? For what you know, what your symptoms are, your test results or whatever, as opposed to going in there and not really understanding anything.

20:51
and you’ve got 15 minutes, right? To me, that’s a really good use case. But then, of course, I’m thinking, if you put all that information in there, then they have all that information about you. Maybe they do, they don’t. is correct. mean, the question is, what are they going to do with it as an individual? I was thinking, when we were thinking about harmful things, I was thinking about more as a collective, right? If everyone signs up for this free Chinese AI, the Chinese can make, it’s funny, I’m talking about Chinese people, I’m Chinese.

21:21
They can make up whatever answers they want and like massage the answers. know what I’m saying? So that’s the tricky part. That’s where I think there’s a national security threat. Because they can just put all this negative US propaganda as an answer in there. Doesn’t it feel like we’re like living in some sort of Avengers movie and Tony Stark has like created that? Like it just feels like this can’t be real, but it is like it is. But it just yeah, like the ability to manipulate the information. Like I didn’t.

21:50
I knew this, but I think I had forgotten when the whole TikTok thing blew up. I guess they have TikTok in China. In China, it’s like the stem. You have the stem tab on your TikTok account where it’s all science, engineering, math. What I’ve heard is that in China, that’s what they’re feeding kids. I don’t know if that’s true or not. I don’t know either. The app is called Douying. I know there’s a lot of sales that happen on that, like online selling.

22:19
But that’s what I heard too. I’ve just never verified it because I never tried to download that app. Yeah. But anyway, it’s like, you know, like it makes sense, right? China is feeding us stupid dances and, you know, garbage and they’re feeding their kids math, science and engineering. Right. Yeah. It’s just like, well, that’s what I would do. Start with the kids, right? Get to the kids, dumb them down and you’re you’re setting yourself up for success.

22:46
I mean, if we’re already going down this rabbit hole, you know how there’s been export controls on the chips that power AI, Nvidia chips to China, right? Yeah. And the reason why this was such a big breakthrough was they don’t have a lot of chips supposedly to do this. like a group, they made it sound like it’s just a group of researchers use like one 10th or one 20th of the amount of compute that the U S has to generate this model. That’s better than what open AI has been working on for a long time.

23:17
I see, I’ve talked to some friends here. They all think it’s full of BS. They have this underground stockpile of Nvidia GPUs and they trained it based on OpenAI. They took OpenAI stuff and trained on top of it. I don’t even know what’s true or not, because it’s still only a week old. But that’s what some of my buddies think who are in the industry. I wouldn’t…

23:46
There’s a lot of good tools that you can use already without downloading that. Yes, but you have to pay. Yes. Having to pay is, mean, look at me, right? I don’t pay for anything. I know. It’s a strong impetus to sign up for something when it’s free, I guess the other problem is that if you, like you as an individual, you’re like, well, this is totally free. I’m going to start using it. I don’t care if they know this about me. Right?

24:15
But you’re not thinking of the collective, right? Who cares if they know something about you, honestly? I don’t care what people know about me. There’s nothing that interesting. But if all of a sudden, 5 million people, 50 million people are all inputting similar pieces of data, right? Data points start to make sense. That’s where the danger is. It’s not in your individual data. It’s in the collective data. Right. So the question, I guess, is the US going to ban this?

24:44
I don’t know, but it seems much more intrusive to me than TikTok. Yeah, for sure. Like I, yeah. But let’s, let’s move on to your choices since we’re talking about this, right? Okay. So we’ve already talked about chat. Actually, let’s just talk about what things are good for and what we use them for. Yeah. The chat GPT is like my general purpose AI tool that I use all the time. like your new Google. It’s like my, yeah, it’s like a new Google. It’s like my, it’s like a Toyota.

25:12
It keeps running, Reliable. Good old reliable. Good on the gas mileage. Then Claude is what I use for creative writing and coding. Actually, I use ChadGBT for coding too. It just depends on what I have open. I want to pause on that because we get this question a lot in the course. We have some people in the course developing things using AI tools, extensions, plugins, things like that.

25:43
I thought initially you told me you like ChatGPT for coding, but now you’ve moved to Claude or you still use both? Okay. So the reason why I like Claude better and ChatGPT actually just added this feature and I haven’t really had to got a chance to try it. Claude has this nice canvas window where you can actually see in real time that it’s run. It like runs inside of it. Okay. So if you’re doing like a web app, you’re actually running the web app on Claude first before you make it live on your server, which is nice. Yeah. ChatGPT just added that functionality.

26:13
haven’t gotten around to playing around with it. So that’s why it was better. And then all the, I don’t want to get too technical here, but all the integrated development environments, I think connect to Claude by default, because Claude has been the one for coding for a while now. Who owns Claude? Anthropic. They’re the least well-funded, I think, of the AI companies, I believe.

26:41
So I think, Claude, for me, I think I just said this earlier, ChatGPT is my Google. How do I do this? How do I find this? How do I create this formula? I’m not great at math, as we all know, so I do a lot of math equations in ChatGPT. If this is a sales and I want to find out this percentage of this and that, I use that for a lot of those sorts of things. What I like about ChatGPT, if you struggle in the math-ing,

27:07
is that it tells you how it comes up with the answer. doesn’t just give you the answer. It says, take this number and multiply it by this and then divide it by this and times it by percentage and add this, whatever. So actually, I think that’s one of ChatGPT’s nice features. I haven’t really tried to do that in Claude, but for me, Claude in the creative writing is leaps and bounds better than ChatGPT for the stuff that I’m doing, as well as I feel like Claude is really good at hooks and headlines.

27:37
over chat GPT. To me, chat GPT, the headline is just too sensational. Like when you say give me a click baity title or give me a good YouTube hook, it’s like it tries to over perform, right? And it’s like, I’m gonna give you the Actually, I found it the opposite. Really? I Claude is too sensationalistic at times. I gotta tone it down. Whereas chat GPT is the opposite. Oh, maybe it’s how I’m asking for the prompt.

28:03
It could be that because I feel like Chachi BT gives me this radical new energizing transformative. I feel like that’s what- Oh, yes. I don’t use it for opening intros. I only use it for titles. Oh, okay. Yes. I do it for both and then I compare it to Cloud is always much more sensationalistic to me for a title. Interesting. I always use conversational tone.

28:30
as part of my prompt. And I think that’s why maybe I get a toned down response from it. anyway, but I also find Claude really good for creating scripts that don’t deviate too far from the original content. And then I just recently, this past week, used Claude for two contracts. Now I’m not attorney.

28:55
And I don’t recommend doing this if it’s like a contract that you like this is not where you could do your divorce papers, right? Like this is but I do think like for so I just hired this video editor and I wanted to get like a very simple contract just kind of like an agreement of like how many hours you’re gonna work. What are you gonna get paid? What are the expectations? And I didn’t want to like type it all like I was just lazy.

29:17
And so I just typed in, you know, basically like, hey, I have a contract for a video editor. These are the hours required. This is that. I gave like the parameters and it actually spit out a really good contract basically that I would be fine like using in that scenario. Right. Or like basically a work agreement, I guess is probably a better word. Contract seems pretty contract. You say make it completely unreadable. Yes. Make sure no one knows what they’re getting or losing.

29:46
But it’s done that for me a couple of times. then also, think kind of like what your mom likes it for is taking like a bunch of information. So I’m getting ready to launch something. And we basically have all these like pieces of information in it. And I was like, OK, I want to get it all in like one document that makes sense. And so I just dumped in all the information and it like first try was pretty good. First try was good enough to where all I had to do was go in and tweak it. I didn’t even have to send it through a second time. Yeah.

30:16
Yeah, it’s good for that. Usually what I do is I just take something off the web and I say, hey, is this, know, and then I modify it from there. So same thing, pretty much. Yeah. Yeah. OK. I haven’t tried Gemini at all, have you? Oh, yeah, yeah. used Gemini. The image stuff is not bad, which is one of the reasons why I quit mid-journey, quit paying mid-journey. So you’re using the free Gemini? The free Gemini, yes.

30:44
The only thing I’m paying for right now is ChatGPT and Claude depending on whether I keep running out or not. So I actually recently quit Claude because you said, oh, I never ran out of credits. I’m like, oh, okay. Let me try it for free then. And then I ran out credits. So back on the Claude bandwagon again. If you need something free, mean, things have been free for a while. Like Facebook completely open sourced their model called Llama.

31:12
that you can use within Facebook, you can use it within WhatsApp. Have you ever tried it? No, I didn’t even know about it. So you’ll notice if you open your app, there’s in the search, you can actually ask it a question, I believe, and it’ll spit out the answer. Okay. Yeah, and that’s 100 % free. And it’s open source, which means you can download it and run on your machine. From what I heard, Alama is pretty good. It’s not quite as good as ChatGPT, obviously.

31:42
It’s, know, if you trust meta, I guess you can just stop, just stop talking.

31:52
Are there any new ones on the horizon that we should know about? Is something coming? Well, there’s also Elon’s model, which is called Grok. I don’t think anyone’s going to use that, right? The problem is they all… When someone says a model is better, it’s based on these artificial benchmarks that aren’t really realistic to what most people use it for, in my opinion.

32:19
Really, you just have to try it and see if it works for your use case and how well it does. That’s what I think is probably the most important thing for people to take away outside of everyone’s data being stolen all over the world or given away freely. I guess they’re not stealing it. They make it very clear they’re going to use it. I think it really depends on what you’re doing and for what you want to use because we have people in the course that love ChatGBT. We also have people that love Claude.

32:48
I think there’s someone in there that’s using Gemini. So it really varies on, and I also think it does depend on how you write your prompts. Because you and I are getting a lot different responses from the same tool. So I’m sure we’re just doing prompts differently. And for me, it’s getting probably a better result than what you like for sensationalists and stuff like that. And then if you’re willing to pay $200 a month right now, there’s agents.

33:17
I didn’t pay $200 a month, one of my friends who’s in this industry has it. So he was like, oh yeah, go book me a plane ticket from New York to Boston or California to Boston. And it’ll go out and you give it the primers. Like, I don’t want to spend more than this. I want it to be direct. It’ll come up with the flight for you. And then it’ll stop at the credit card processing part where you can enter your credit card. supposedly DeepSeek is going to have all this stuff

33:47
It’s doing your credit card info. Yeah, for free. Right. And so if it pans out like I think it’s going to pan out, people are just going to flock to this free tool, which will maybe force the other players to go free also. Right. Which will kind of go free, though, because nothing is free. All these subsidized by the government. Well, right. But like all these other tools aren’t subsidized by the government.

34:15
By the Chinese government? No, no. Deepseek. Deepseek. Well, I’m sure it’s subsidized by the government somehow. Right. But I mean, is Claude subsidized by a government? Claude has, I think, the smallest pile of chips that they’re training on. I don’t know enough about this because to-

34:43
People call BS on me, but I think you have to selectively decide what to focus on when you’re training a model, right? Right. You want to be good at this. Do you want to be good at that? And the rumor mill here is that DeepSeq was trained for the benchmark. So it could say that it was better than ChatGPT. And this is not an uncommon practice, right? Like, I’ve been in the PC video card space for a long time.

35:11
And a lot of times in video, AMD, they tune their drivers and they tune their chips to pass these benchmarks, right? Even to the point where there was one time there was a scandal with video cards where they actually detected the name of the program being run. And then they completely did different things knowing that it was running that program so that it could perform better. So there’s all this manipulation and stuff going on behind the scenes, I’m sure.

35:40
Let’s talk about this agents one real quick, 200 bucks a month. That’s expensive. It’s agents, not Asians. I said agents. I didn’t say Asians. It’s really just a room full of Asians booking your plane tickets. No, agents. Sorry, I did not emphasize the guh. Here’s the thing.

36:08
DeepSeek comes out with a free model of this, let’s just say hypothetically. But agents, they have to, like this stuff costs money, right? Yes, to run. Yes, like you’re paying programmers, you’re paying for server, like you’re paying for all this. It’s not like some guy in his basement doing this. Right. So I don’t like, can’t be free forever because there has to be, there always is a monetization play. can be free forever. Yeah, if the government is subsidizing it. Well, Google’s been free forever.

36:39
They’re making money through ads. yes. makes money through other ways. So what’s the monetization play? Because to me, DeepSeek, there’s no monetization play. It’s a data play. And eventually they’ll sell all your data. So is that going to be the monetization play for all these people or companies over time? Because there has to be. It’s just like, so is Facebook’s free. But is it free? Not really. We’re inundated with ads and junk we don’t want to see I that’s, I think, the first business model that they’re going to try.

37:08
with ads, right? Ads and the search results. So yeah, there will be some business model for it. I think you need to attract users first, right? Which is what all these companies did. Like Meta resisted monetizing for a long time. Once they had the users locked in, then they started doing it. Same with Google to a certain extent. Once upon a time, there was no ads. I don’t know if you remember back then.

37:40
1994, I want to say, right? Or five? That was when I first started using it. Yeah, it was a very long time ago. 30 years. Yeah. I didn’t want to say how many years it was. 30 years. You were 10 using Google. We know. Right. so like to me, if you’re going to make something free, do you have a monetization plan down the

38:02
Or you you you’re going to get one. I know a lot of people start and like, well, figure it out as we go, which is not my favorite business model. But yeah, I just wonder if they make these tools free. What are we giving up for that? Because you’re paying for it some way or another. talking about US companies or Chinese companies? US companies. I think the Chinese companies like no hate on China, but I think they’re mining data. That’s what I would do. Well, yeah, this is like the best data ever.

38:32
Yes, it would be dumb not to do Why would you do it if that wasn’t your plan, in my opinion? That seems like a international espionage thing to do. for US companies, think they also want to mine data. Why do we love Klaviyo? Why do think Klaviyo is so great? Because it gives us so much data about the people, even people that aren’t customers. We know what pages they visited and what their actions are.

39:01
to the point where we can tell when people hover over stuff with certain, you know, it’s like, that’s Google, I remember Google Analytics? I hate Google Analytics now, but you know, they had like, you could have it. They did. But like, you could put it up on your, like, you could put your webpage up there. You probably can still do this. And it would show you like hot spots on your page, right? And I think, is it?

39:24
There was a Shopify tool that did that as well. It told you where people hovered There’s a bunch. Yes, there’s a bunch of tools that did that. The data is really valuable, but to me, I would rather pay than have too much of my data taken. If you want every user in the US using it, then you got to make it free. Right. Then with that data, I’m sure there’s a way to monetize it somehow, whether it be through ads or just selling the information, perhaps.

39:53
to someone who wants to. Wouldn’t you want to know if you wanted to start something or create something, wouldn’t you want to know what… It’s kind of like, do we like SEMrush and what’s it? Ahrefs, right? Because it’s telling us the volume of things. Is there an AI tool that tells you the volume of things yet? I mean, if you think about it this way, I’m just thinking about it from Bumblebee Linden’s perspective. If there’s a user who’s typing in all these wedding related questions into AI, like where’s wedding venue? Where can I get favors? Whatever. You better…

40:22
They know, right? AI knows. so, like, I would pay to get in front of that customer. Yeah, absolutely. Yeah. So that’s probably the likely monetization path going forward. And plus, you know, they’re making all this money with selling API access to all these tools that are incorporating into their tools, right? Yeah. So I’m sure they’ll find a way to fund itself. The real question is whether the return on that is

40:51
going to be more than the cost of them, all the engineers, all the hardware that’s required to do all this because it’s very heavy on compute, all the energy costs involved.

41:02
Hope you enjoyed this episode. What AI models are you using? And would you dare use the free Chinese AI model? For more information and resources, go to mywifequitterjob.com slash episode 576. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you want to hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to sellersummit.com.

41:32
And if you’re interested in starting your own e-commerce store, head on over to my wife, quitherjob.com and sign up for my free six day mini course. Just type in your email and I’ll send the course right away via email.

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575: Google Search Is Collapsing — Do This Now Or Lose All Your Traffic

575: Google Search Is Collapsing — Do This Now Or Lose All Your Traffic

In this episode, I explore how AI tools like ChatGPT and Perplexity, along with recent legal challenges to Google’s monopoly, are transforming the future of search and SEO. You’ll learn how these changes impact your website traffic and discover actionable strategies to stay ahead in this shifting digital landscape.

What You’ll Learn

  • Why Google Search is losing its edge: Understand what’s changing with search (and why people are freaking out about it)
  • How to adapt your traffic strategy: Learn actionable steps to make sure your website or content stays relevant despite the shift
  • The future of search: Get insights into how AI and alternative platforms might reshape where people find answers

Sponsors

SellersSummit.com – The Sellers Summit is the ecommerce conference that I’ve run for the past 8 years. It’s small and intimate and you’ll learn a ton! Click Here To Grab The Recordings.

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Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. In this episode, I explore how AI tools like ChatGPT and Perplexity, along with recent legal challenges to Google’s monopoly, are transforming the future of search and SEO. You’ll learn how these changes impact your website traffic and discover actionable strategies to stay ahead in this shifting digital landscape. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit

00:29
The Seller Summit is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods

00:58
and not some high-level guys who are overseeing their companies at 50,000 feet. I personally hate large events, so the seller’s summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past eight years. If you are an e-commerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers.

01:27
The Seller’s Summit is going to be held in Fort Lauderdale, from May 6th to May 8th. Right now, this is the cheapest the tickets will ever be. So head on over to sellerssummit.com and grab your ticket. Now onto the show.

01:45
Welcome to the My Wife, Quit Her Job podcast. There’s a lot of big questions facing the SEO industry right now. Is artificial intelligence going to make SEO obsolete? Will the Google monopoly ruling kill search traffic from Google? More importantly, will Google even matter anymore once all is said and done? In this episode, I’m going to answer all of these questions the best that I can. I’m not a fortune teller, but based on the data that I’ve gathered, these are my best predictions as to what will happen.

02:14
Let’s start with AI first. Probably the biggest question on everyone’s mind is will AI steal search traffic from your website? Well, there two ways that that could happen. One, people could stop using Google altogether and rely on platforms like ChatGPT, Cloud.AI, or Perplexity for their searches. Now based on my own behavior, I don’t really use Google search much at all anymore, and almost all my queries begin now from ChatGPT slash SearchGPT. But is that true for the rest of the world?

02:43
I know that I’m not the norm, so let’s take a look at the data. According to StatCounter, Google is still the clear leader across the traditional search engines with roughly a 90.4 % search market share. But what about AI tools like ChatDBT, SearchDBT, and Perplexity? How much of a dent are these new tools eating away at Google’s market share? Now the problem with data from sites like StatCounter is that they only account for searches from traditional search engines like Bing, Yahoo, and DuckDuckGo.

03:13
And there’s very little information out there about the effects of AI and services like Perplexity. However, using publicly available data, we can do some rough calculations to see the impact they can potentially have on Google search. Let’s start with Chat2BT. According to OpenAI, just last week, Chat2BT now has more than 300 million weekly active users sending 1 billion queries per day. Now by comparison, Google gets roughly 8.5 billion queries per day.

03:42
This means that ChatGBT already gets around 11.7 % of the queries as Google does. But keep in mind that ChatGBT is used for many things outside of searching for information, like writing assistance, creating code, translating text, et cetera. So the actual impact of Google’s market share is likely significantly less. However, ChatGBT use is growing like gangbusters. According to Sam Altman, CEO of OpenAI, they’ve grown 50 % in just the last three months

04:11
and the growth seems to be accelerating, especially since the release of Search GPT, which came out on October 31st. Rather than having to click on individual links with traditional search engines to find information, Search GPT does an excellent job of fully answering the search query. Plus, Search GPT also prominently links to its sources, which is great news for website owners. So far, the biggest issue facing AI has been accuracy and hallucinations, where it simply makes things up

04:41
that aren’t true. As a result, data has shown that people actually do click on the website links to verify the data for accuracy. When I was doing research for this video, I probably clicked on a third of the links on the Search GPT right-hand panel. So in the event that Search GPT takes off, website owners will still see traffic. Plus, if Search GPT continues to provide accurate data along with supporting links to back up their answers, it will definitely pose a threat to Google going forward.

05:11
But as it stands right now, Chat GPT isn’t a devastating blow to Google just yet, but things could change very quickly. By the way, if you’re interested in learning how to start a profitable online store and get free traffic from search, make sure you sign up for my free six day e-commerce mini course below. It’s a hundred percent free and I guarantee you’ll learn a lot. Let’s talk about Proplexity next. If you’ve never heard of Proplexity, it’s basically the original search GPT. Using the power of AI, Proplexity delivers concise answers

05:39
and combines the functionality of a search engine with the interactive nature of AI chatbots. Similar to Search GBT, they provide links to websites as well. However, the links are not nearly as prominent. As of June of 2024, Perplexity has over 75 million monthly visitors across desktop and web, going by approximately 20 % each month. According to TechCrunch, Perplexity says it’s now serving 100 million search queries per week. Divide that by seven,

06:08
and we’re looking at around 14.28 million searches per day. Meanwhile, Google gets roughly 8.5 billion requests every day. So this means that Perplexity only gets 0.16 % of the searches that Google does. So I think it’s safe to say that at least right now, Perplexity is not that much of a threat to Google. But overall, it’s true that both ChatTPT and Perplexity have grown a lot and already have hundreds of millions of active monthly users. But as it stands right this second,

06:37
Their market share still pales in comparison to Google search and doesn’t have any noticeable impact on Google’s market share just yet. But what about Google’s own AI efforts? If you’ve done any searches in Google recently, you’ve probably seen Google’s AI overviews in the search results. These AI overviews were first released in May of 2023 as part of Google’s search generative experience. And the goal was to give searches a complete answer to their search query without having to click on a bunch of links.

07:07
So basically Google started doing what perplexity and search GPT already does. Now I remember when AI overviews first came out, SEO started panicking because they were worried that the AI overviews would reduce the number of clicks to websites and lower overall traffic. As of now, these AI overviews appear for about 7 % of the search queries and about 17 % of e-commerce search queries. And this is down from 25 % back in May of this year.

07:33
Now remember how I said that links to websites and the AI search results actually get clicked because people want to verify the facts from AI? Well, here’s some data to back that up. According to Siege Media, the introduction of Google AI overviews actually resulted in a 4.43 % increase in search clicks. And for e-commerce websites in particular, there was a 3.2 % increase in search traffic. So once again, this is great news because it means traffic to websites should not be affected significantly.

08:03
by AI search. While the site’s ranking on page one might get slightly less clicks, this is offset by the number of additional clicks to the sites cited in the AI overviews. So overall, I’m not too worried about my website traffic. Based on the data, AI overviews, search EBT, and perplexity probably won’t steal clicks and search traffic to my site because people aren’t blindly relying on the answers from AI. Let’s switch gears now and talk about the recent Google Monopoly ruling.

08:33
On August 5th of 2024, a federal judge ruled that Google had acted illegally to maintain its online monopoly in search. And basically, the ruling states that Google abused its search business monopoly by paying billions of dollars to third-party platforms like Apple, Samsung, and Firefox to be the default search engine. For example, in 2022 alone, Google paid $20 billion to Apple to be Safari’s default search engine. Now the ruling doesn’t contain any remedies or consequences just yet,

09:02
And some speculate that Google won’t face any penalties until around 2027. And if Google appeals the outcome, it’s possible that any remedies or penalties won’t take place until the end of the decade. So while it’s still too early to tell how this ruling will impact Google, there have been a number of scenarios that have been discussed in the news. One, the DOJ is considering measures to break up Google’s business units, including Chrome and Android, to address its dominance in search and advertising. And two,

09:31
Google would no longer be able to pay third parties to be the default search engine. Now, if either of these two things happen, Google could easily lose 50 % of their search market share overnight. So how will this ruling potentially affect the traffic to your website? Well, in my opinion, nothing drastic will happen because the overall search traffic volume has not been decreasing year over year. In 2019, Google reported 1.2 trillion global searches. And today,

09:58
Google now gets 3.1 trillion searches. So basically the number of searches continues to rise every single year. So whether Google maintains their 90 % market share or if competitors like Bing, Proplexity or Search GPT start to gain traction, the searches are still going to be there. Now it might take more work to try to rank for all the different search engines, but so far I’ve noticed something interesting. The webpage citations in Search GPT are often the same as those appearing on the front page of Google.

10:29
So this suggests that AI-driven search engines might be piggybacking on Google’s ranking algorithms, using them as a foundation for their own search results. The other thing to consider is that even if Google isn’t the default search engine for Chrome or Apple devices, it’s still an established brand that it’s possible that the majority of users could stick to their habits and continue using Google anyways. My mom hasn’t even heard of ChatGPT or Perplexity yet, and it will take some time for the general public to catch up.

10:57
So given all this information, what should you as a website owner be doing to increase your search traffic? Well, one of the biggest downsides of AI is it has made content creation super easy and convenient. And as a result, people started pumping out millions of AI generated websites and Google search algorithm couldn’t keep up with all the spam. Since Google didn’t know how to handle it, they went all out and basically crushed any website that wasn’t linked to a legit business or a strong brand.

11:25
So what does that mean for the future SEO? If you’re starting a standalone blog from scratch as your only platform, chances are you’re never going to rank in search. These days, the only websites getting traffic are those with authors who demonstrate expertise, authority, and trust. On top of that, the most traffic is going to sites tied to legit businesses like e-commerce stores and service providers. But for those of you who want to start a standalone affiliate marketing website today, forget about it.

11:54
it will never get any traffic. So here’s your game plan. If you want to get search traffic, you also have to gain notoriety by building up a social media following as well. If you want to get traffic to your online store, you also need to be gathering two types of reviews. Google business reviews are reviews provided by customers on your Google business profile. If you don’t have a profile, then create one right now. These reviews are visible on Google search and Google maps when people search for a business.

12:23
Not only do they influence a business’s online reputation, but they can significantly affect search rankings and customer decisions. Google Customer Reviews, on the other hand, allows businesses to collect feedback from their customers about their shopping experience. Note, Google Customer Reviews is different from Google Business Reviews, and it’s all very confusing. Google Customer Reviews provides a way for customers to rate and review their experience after buying from your website.

12:51
These collective reviews contribute to a business’ rating, which is displayed in Google ads, shopping ads, and sometimes in organic search results. No matter who owns Search Market Share going forward, they are likely to derive a portion of the rankings and information from Google, so SEO will always be important.

13:11
Hope you enjoyed this episode. If you put all of your eggs into Google’s basket, you should be worried. It’s time to diversify. For more information and resources, go to mywifequitterjob.com slash episode 575. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you want to hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event, go to sellersummit.com.

13:39
And if you’re interested in starting your own e-commerce store, head on over to mywifequitherjob.com and sign up for my free six day mini course. Just type in your email and I’ll send the course right away via email.

I Need Your Help

If you enjoyed listening to this podcast, then please support me with a review on Apple Podcasts. It's easy and takes 1 minute! Just click here to head to Apple Podcasts and leave an honest rating and review of the podcast. Every review helps!

Ready To Get Serious About Starting An Online Business?


If you are really considering starting your own online business, then you have to check out my free mini course on How To Create A Niche Online Store In 5 Easy Steps.

In this 6 day mini course, I reveal the steps that my wife and I took to earn 100 thousand dollars in the span of just a year. Best of all, it's absolutely free!

574: A Quick TikTok Ban Update And The State Of Social Media

574: A Quick TikTok Ban Update And The State Of Social Media

Today, Toni and I are talking about the TikTok ban and what’s really going on with social media. From all the drama to what it means for creators and regular users like us, we’re breaking it all down. We’ll chat about what’s popping off, what’s fading away, and where things might be headed.

What You’ll Learn

  • What’s really going on with the TikTok ban
  • How the social media landscape is shifting
  • What it means for your content strategy

Sponsors

SellersSummit.com – The Sellers Summit is the ecommerce conference that I’ve run for the past 8 years. It’s small and intimate and you’ll learn a ton! Click Here To Grab The Recordings.

The Family First Entrepreneur – Purchase my Wall Street Journal Bestselling book and receive $690 in free bonuses! Click here to redeem the bonuses

Transcript

00:00
Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business. Today, Tony and I are talking about the TikTok ban and what’s really going on with social media. From all the drama to what it means for creators and regular users like us, we’re breaking it all down. We’ll chat about what’s popping off, what’s fading away, and where things might be headed. But before we begin, I wanted to let you know that tickets are now on sale for Seller Summit 2025 over at sellersummit.com.

00:29
The Seller Summit is the conference that I hold every year that specifically targets e-commerce entrepreneurs selling physical products online. Unlike other events that focus on inspirational stories and high-level advice, mine is a curriculum-based conference where you will leave with practical and actionable strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches of their e-commerce business, entrepreneurs who are importing large quantities of physical goods, and not some high-level guys who are overseeing their companies at 50,000 feet.

00:59
I personally hate large events, so the Seller’s Summit is always small and intimate. Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we’ve sold out every single year for the past 8 years. If you are an ecommerce entrepreneur making more than $250,000 or $1 million per year, we also offer an exclusive mastermind experience with other top sellers. The Seller’s Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th.

01:28
Right now, this is the cheapest the tickets will ever be. So head on over to sellersummit.com and grab your ticket. Now onto the show.

01:42
Welcome back to the My Wife Could Her Job podcast. Today we are gonna talk about all things social media, the TikTok ban, Red Note, among other social media platforms. Oh, what a weekend. You know what was funny is when I first opened my TikTok app, I think it was on Saturday, I can’t remember exactly what day it was, but anyway, it was banned, I was like, oh my God, I can’t believe this really happened. There goes all my plans, you know, for the year for Bumblebee Linens.

02:11
And then the next day it came back and I was like, huh, OK, what the heck is going on here? Yeah. So the one thing I want to make sure we talk about is like, is it a good idea to invest in TikTok? Not financially time time wise, right? Like, I think that’s the big looming question. But before we get into that.

02:32
I want to talk about the fact that like my 15 year old, it was like, I don’t know what this is like, but I would assume if you were a meth addict and you lost your supply, the stages of grief that we went through on Sunday morning, I wish I would have filmed because I would be Mr. Beast level finances posting that video. Like it was.

02:57
the best thing that happened to me in probably six months. Tell me because my kids aren’t allowed on TikTok. That’s smart. Nothing happened in our household at all. Yeah. So I was kind of happy when it happened. I was like, OK, great. Now people can not waste as much time anymore. So I had a very mixed feelings because like I waste time on TikTok, 100 percent waste time on TikTok, usually not during the day, but like, you know, before I go to bed, it’s like I could probably get an extra 30 minutes of sleep every night if I wasn’t scrolling TikTok.

03:25
I know it’s a time waster and I don’t use it for business. So it’s like, don’t have any excuse to be on there. And my kids are like TikTok addicts, right? And some of them have had big accounts, have lost big accounts. Like we’ve been through the whole TikTok roller coaster over the past four or five years. So there was a part of me that was like, oh, ban it, get rid of this. Like give me my children back, right? But then we have friends, several of them who make a substantial amount of money

03:55
selling physical products on TikTok through TikTok shop. And so for them, I’m in full panic, right? Because it isn’t just about, like, let’s take your YouTube, for example. If YouTube went away, you would have the immediate impact of the lost revenue from ads. But you would have a much further impact in that you would be losing

04:17
your email subscribers, right? Because you get a lot of email subscribers through YouTube, which a lot of crown credit creators do. And so not only would you feel that initial impact of the, know, thousands of dollars a month in ad revenue, you would feel a long-term impact of how do I get new customers for my affiliate marketing, for my course, for the other things that I promote. And that’s what I felt about TikTok, because if you are on TikTok shop and you are selling products,

04:47
TikTok requires you to have a certain level of inventory, at least they used to, I’m not sure what their requirements are right now. So it’s not like TikTok goes away and you’re Charlie D’Amelio and so you lose your revenue from views. You now have a warehouse with probably two to $3 million of inventory that you’ve already paid for. And now you’ve lost that channel for sales. Now you probably have some other channels, some people don’t, but I mean, people we know do.

05:12
But it’s, can’t just, I can’t tell you, hey, I know on Bumblebee, you are making a million dollars a year on, you know, your DTC store and a million dollars a year on TikTok. So just make 2 million on the store. It’s like, well, it’s not that simple. So for those people, I was in like full on panic, right? Because the financial repercussions are gigantic. Yeah, not only that, actually, are we gonna be talking about whether it’s worth it to do TikTok right now?

05:39
Yes, we’ll talk about my daughter in just a second because it was quite hilarious. I wanted to hear your daughter, but I just want to say that TikTok is not fully back. Correct. Just to be clear. And this is why I’m still hesitant, because you cannot download it from the app store. Did you hear this that iPhones with the TikTok app on it are selling for like 10 grand? Are you serious? So apparently, yes, I heard this on the radio this morning.

06:03
I saw my son rides a motorcycle. He normally rides to college on the motorcycle. The weather here has been terrible. So I drove him to school today. So we were just listening to like the radio as we were going to school and they were talking about an iPhone sold for over $10,000 because it had the TikTok app on it because someone had deleted the TikTok app and then you couldn’t get it back, which I’m like, who deletes an app? Like, I do that actually. I’ve, would not be the first thing I’d think about doing. Sure. But yeah, it’s like, that didn’t take you long.

06:32
12 hours? Yeah. Yeah. So it’s not back. That means no app updates. Correct. I’m pretty sure that means limited advertising if you’re allowed to advertise. And I know Live just kind of came back. Yes, I had Live last night. I saw it. Yeah, yeah. But I mean, it’s kind of in its crippled state. Yes. In a state of limbo for the next 90 days. But I will just want to say I have a beautiful iPhone 15. It’s only two months old.

07:01
It has your price. has a TikTok app. I need I just had a car die. So for ten thousand dollars, this phone can be yours, all yours with the beautiful TikTok app on it just for you. My Android phone for five grand with TikTok. Be part of the green bubble. So anyway, it goes off Saturday night.

07:25
My daughter was actually at a friend’s house. pick her up on Sunday morning and I was like, just, could not wait to get her in the car because I was like, I know this is going to be bad because she is like live or die, TikTok, right? So we get in the car, she’s clearly irritated. So the agitation phase has begun, right? She’s jonesing because it’s now been, you know, six hours since she had access.

07:46
So then we get home and usually one morning on the weekends, I make like a big breakfast. So we’re all there, you know, a lot of kids are home, which normally it’s, you know, usually one or two. So we’re all sitting around the kitchen and she is like, now she’s reached like phase two of withdrawal, whatever that is. And she’s like visibly angry, right? And I was, I made the critical error, the mom error of saying,

08:14
You can watch videos another way. Which I guess it’s like someone saying to a meth addict, there’s always crack. Like, I don’t know. So she looks at me and she’s like, what are you? You expect me to watch Reels?

08:38
And like her older brothers who like they grew up without TikTok, right? So there and I gave everybody the stare of do not laugh at her, like because we don’t know what we’re dealing with. We have a caged animal here. Right. And so she’s like, Reels? And I’m thinking I actually like Reels that shows my age. And then before I could get anything out and she’s like, and don’t even tell me to go on YouTube. Like.

09:07
You know what’s funny about what you just said? You used the word Joneses. I don’t know if you do Strands, which is one of these games on the New York Times. Oh, yes, I do Strands, yes. One of the last ones was outdated slang. I was like, hey, I still use those words because I was thinking Joneses. Who uses that anymore? She was in a complete, I was like…

09:31
was like, wow, I like, this is like, I felt like we were at the zoo watching the native animal species, you know, and there’s like a, and this is what happens to a 15 year old six hours after TikTok. mean, it’s, it’s crazy. Everyone started fleeing to Red Note. Yes. Communist China app. What I don’t, nothing makes like, I couldn’t figure out what world I’m living in. Cause if they ban this app, and let’s say Red Note becomes popular, they’re just going to ban that one too. Yeah. And in my boys who are

10:01
very pragmatic and pretty pretty tech savvy. One of them goes, well, you know, I mean, you could actually download TikTok with a VP. You know, he’s going into and I was like, shut up. Like, I don’t want her to know that there’s a chance she can get this because she’s already talking about Red Note. She’s like, but you have to know another language like it’s just like the. was I was like, I wish I had a hidden camera just to. But then part of me was like, I’m so glad this is gone.

10:30
Right. Because clearly you have a problem. and, you know, it’s hard to because now her grades are good. So I was like, it’s not even like I could be like, well, your grades aren’t good. So TikTok’s not coming back on your phone anyway. But it’s like, actually, you’re doing really well. So I can’t really like I don’t have a lot to pick at. I mean, my whole feed was people waving goodbye and complaining and having people coming clean.

10:53
Coming clean about what? No. I’m a fitness influencer, but I’m actually on Ozempic and I don’t drink this garbage. No, we’re on different feeds. Yes, a couple people. I only saw one like that on my feed, but I did see a whatever, repost things of like, yes. Anyway, the whole thing’s crazy to me. I was excited that it was gone personally, upset for my friends, but-

11:23
I wasn’t thrilled when it came back on. I feel like Trump just put them back on so people could watch the inauguration on it. I think that was the whole impetus for all of this. Here’s the thing that’s so interesting, and I’ve followed it not religiously, but it sounds like if someone buys it, they might not be buying the algorithm.

11:48
I don’t know what’s going to happen with that. That’s all up in the air. I don’t want to speculate there, but yeah, that makes absolutely no sense whatsoever. Right, because I read an article on Forbes, a legitimate, it wasn’t a thing. I didn’t see this on TikTok, but basically that the valuation of the app, which would be the users, the e-commerce, that kind of thing is like an X value, but the algorithm is actually where all the value is in TikTok.

12:17
which is what I guess the US doesn’t want sold is the algorithm. They don’t want the use of the algorithm, but then part of me is like, feel like Mark Zuckerberg is behind this. The whole thing just seems so There’s whole bunch of conspiracy theories now on TikTok itself. Of course, yes. The big question is after all of this, should you be spending any time on TikTok professionally as a business?

12:45
See, that’s the thing. If it was fully back, meaning you could still download, update and everything, I’d probably be in Bumblebee filming right now. But right now, it’s just still up in the air. I don’t know what’s going to happen. I personally am not going to invest a ton of time into it. What are your thoughts? I feel like it’s too risky to… I definitely wouldn’t be working on creating a TikTok shop.

13:13
or anything like that, like if I was in e-commerce. If I was a content creator and I was already creating content, would I continue to promote through the affiliate, you know, the creator program? Yeah, I would probably still do all that, but this would not be the day that I would start TikTok. Plus you can’t download it anyway if you haven’t had it. The only thing that I would say is this is where it gets tricky. I mean, you can make shorts and you can make reels and those are all the same.

13:42
It’s the same stuff as TikTok, right? Like obviously we say that like you kind of create differently for the different platforms, but most creators don’t. They put whatever they put on TikTok on reels and on shorts. They’re not changing it up. So I would say if you’re already creating that content, then there’s no reason why you can’t put it on TikTok. But I would not have that be my focus at all. So I’ve been doing YouTube shorts now. I want to say for a year and a half, two years, and these are,

14:12
half-hearted YouTube shorts, I should say. Yes, you’re cheating. Because I’m just taking clips out of my long form with the hopes that it will get them to watch the long form video if they find the short. And what I found is that, you know, it still gets like a tiny amount of views, know, a thousand, two thousand views, which is nothing in TikTok land. But I do have a couple that have been tens of thousands of views or even over a hundred K. And I do see YouTube shorts that are not in the business realm get millions of views.

14:42
It can happen. The reach can be like TikTok. I just don’t feel like people are as addicted to YouTube shorts as they are. I don’t really know that many people that use Reels actually. Clearly nobody according to my daughter. That was a prison sentence. I actually gave it a try that night when TikTok was banned. When you haven’t used Reels and it’s not trained, all I got were a bunch of like,

15:11
scantily clad women actually on Reels. I never see that on Reels. You don’t? No. It’s all just glamour shots of people posing. Oh, no. My Reels. Brian doesn’t have TikTok, so he sends me Reels. My Reels algorithm is pretty accurate. It’s funny because the same people I see on Reels, I see on TikTok. There’s not a huge difference.

15:38
Anyway, but yeah, so I would say like if you’re creating that short form content, continue to post it on TikTok. But here’s the other thing. And I actually, our friend Jim Wang, who kind of, you know, blew up on TikTok last year, you know, started it. And like you, you want to make sure you have all that content if this happens again, because a lot of big creators on TikTok film and edit, like my kids don’t do everything in TikTok. Like they film, they edit.

16:06
I don’t think they have the content on their phones. It’s because their phones don’t have enough memory. I would say if you are doing this, make sure that all your short form is in Dropbox Drive. What does Kevin call it? The cloud, the bubble attachment server, whatever he has his fancy name for it. The NAS, you mean? The NAS, yes. Did you know that Capco was down too? Okay. That was my next thing. Oh, okay. I did not realize that that was a TikTok product.

16:35
Oh, yes, it’s Capcom’s Cap or ByteDance, I should say. Yes, because we had a student in the class say, is CapCut down? I was able to open it and see everything when she asked that, but then I read later that no, that was down too. To me, it’s like that’s just a video editing software. That shouldn’t be. To me, CapCut, obviously, they can do whatever they want. We don’t make the rules on this, but to me, I was surprised to see CapCut go away because that’s not actually a platform.

17:04
It’s just editing, which stinks because I love. no, we use CapCut now because it’s the easiest software to use to insert captions and edit the actual short form thing. So well, and then I realized because I’m in the middle of like hiring this video editor that all of my applications like must know CapCut. I’m like, well, that might be yours. They’ll still be able to use it. They don’t live here. Actually, I’m curious. I haven’t talked to Jim recently and he’s been like solely focusing on the TikTok platform for the past year. What are his plans?

17:34
So he had all of his content already. So he had downloaded everything. He has actually been posting the same content on Reels for several months, which I did not know. He’s also been putting it on YouTube. So he’s still doing everything on TikTok. I don’t think that’s changed for him. But he gave me a very interesting fact. You might know this. I had no idea. So you know that Reels, first they were only 59 seconds or whatever.

18:01
and then they expanded to 90 seconds. And so he was putting all this content on Reels and it was getting zero reach. And it’s hard, because when you have success on one platform, it doesn’t necessarily transfer to another platform. So I think he chalked it up to, well, maybe it’s just not working on Instagram. So Reels just introduced the three minute short, which TikTok’s had for a while, YouTube.

18:29
What was that, maybe two or three months ago YouTube went to the three minutes. Well, when Instagram announced that it came to light or maybe Jim just heard about it, I hadn’t heard about it, that any reel over 60 seconds doesn’t get shown in the feed. It only gets shown to your followers.

18:48
Oh, I did not know that. Yeah, I didn’t know that either. And he’s like, so that explains why, because he doesn’t have a lot of followers on Instagram. And most of his content was a little bit over a minute because, you know, TikTok, you have had that option for a long time. So he couldn’t really he just figured like, maybe I’m not a fit for Instagram. Well, come to find out. literally got zero. Not zero. But like, you know, a real on a TikTok that he would make on a topic would get.

19:14
5,000 views, right? Like a Costco one, that’s a good example, because that should be popular on Reels, right? And then he’d put that literally exact same content onto Instagram. let’s say it was 72 seconds. And that same video that got 5,000 views on TikTok would get 100 views on Instagram or 50, right? it’s because it’s showing up in my feed. It’s going to show up in your feed, but it’s not showing up. Typically, when I go on Reels on Instagram, when I just go to the real feed,

19:43
I don’t follow any of those people, right? It’s just content. Well, Instagram wasn’t showing anything over 60 seconds in the feed. It was only shown to your followers. you know, that explains why, probably explains why a lot of people weren’t getting traction on Instagram. I just wanted to take a moment to tell you about a free resource that I offer on my website that you may not be aware of. If you are interested in starting your own online store,

20:10
I put together a comprehensive six day mini course on how to get started in ecommerce that you should all check out. It contains both video and text based tutorials that go over the entire process of finding products to sell all the way to getting your first sales online. Now this course is free and can be obtained at mywifequitterjob.com slash free. Just sign up right there on the front page via email and I’ll send you the course right away. Once again, that’s mywifequitterjob.com slash free. Now back to the show.

20:42
For reals, occasionally I get one that gets a couple thousand and then I’m happy with that. I’m pretty sure I’ve alienated all of my friends who follow me on Instagram now because that’s the only thing I post. They’re not following me for that. They’re following me for family photos and just what’s going on in my life. I think Instagram is hard. Instagram is not a place where… This is something interesting that my daughter was saying when she was in her meth withdrawal.

21:11
is she was like, how am I going to know how to do anything? And I was like, what do you mean know how to do it? Like, I was just like, are you not a functioning human without TikTok? And then she started listing off everything that she gets on TikTok. Like she’s like, that’s where she finds all her recipes. That’s where she finds like in like for her. And I was like, well, you can find recipes other places. She’s like, where? Like.

21:38
It’s just like, like, cause you think about the time period she’s grown up in, like her whole time having a phone, TikTok’s been available, right? So she never, yeah. So she never had to Google a recipe, right? She never lived like where you and I did when we like, how do you grill a piece of chicken? Like you’re on Google 15 years ago. Um, and then she’s like a little too young for Pinterest, right? Like the only thing she uses Pinterest for is, is nails. Like how do I want my nails done?

22:04
But even TikTok competes with that, right? So like she started listing off all these things that she uses TikTok for. She uses it as a search engine. Like that is her search engine. And how am gonna know how to clean something? How am I gonna know? And of course, Brian’s like.

22:19
half that crap is wrong anyway. You’ll kill yourself trying to do this. You it’s kind of like you’re just letting random people tell you how to do stuff. And I was like, I’ve had some of those TikTok recipes. That’s like YouTube also, right? Exactly. I’m like, it’s no different. Like somehow we think that Google, I mean, it used to be like 10 years ago, if something appeared number one in Google search, it was pretty authoritative, right? Now it’s like a Reddit thread, right? And I’m like, I don’t know who this lunatic is. So yeah, I mean, I think that Instagram

22:47
Because of the content gem post, which is like personal finance budgeting type content, no one’s going to Instagram for that. People are going to Instagram for travel. If you were a fashion blogger, if you’re a travel person, if you’re, I mean, my entire Instagram reels feed is, last night I was on Instagram and I probably saw 25 videos and 18 of them were bathroom tile installation. Our feeds are so different. You know what’s funny is,

23:15
I feel like Instagram is what TikTok was three or four years ago. I’m getting dances. Oh, I don’t get any dances. Maybe that’s just because I never use it. Yes. My entire- women doing dances. No, my entire Instagram feed is either comedy stuff that my kids will send me or it’s all home renovations. Here’s how you correctly get a good caulk line on your baseboard.

23:42
Last night, literally out of the 25 videos, 18 of them were bad because it became a joke because I kept showing Brian. I was like, oh, look, we could do the tile this way. He’s like, stop showing me. I don’t want any more ideas for the bathroom. I think for Jim, the personal finance content is just not going to be something on Instagram that ever really takes off. Same with your stuff. I don’t think it’s ever going to be something that really takes off, but Bump will be different story.

24:11
It’s true. I’m going to still go ahead and film that, but I was just hoping it would have been TikTok. TikTok was still the best way to get reach for practically any topic. I would still put stuff on TikTok. That’s the thing. I wouldn’t stop posting, but yes. I’m going to auto-post to all platforms, actually. Of course you are. I’m just curious to see what’s going to happen.

24:41
I do think though, in all of this, it’s definitely showing me that each platform definitely has a preference. Instagram, people are on there for a specific reason, but TikTok has sort of, Pinterest is a different thing, YouTube’s a different one, but I feel like TikTok sort of got all of it and made it work together because the algorithm’s so good.

25:07
My TikTok, once again, so different from yours, right? We never see the same thing. But I think you can succeed talking about just about anything on TikTok, where I don’t think that’s the case on the other platforms. I still think if you’re to put your energy towards something, it should be YouTube long form. Yes. Yeah. It’s just so hard to do because I was planning out Bumblebee and I was like, should I be doing long form?

25:33
And the problem with Bumblebee is I’m going to be the person doing them. Yeah. Right. Like my wife doesn’t really want to, has no interest in doing that stuff. So like, how am I going to talk for, for eight minutes about something that I don’t even like? I mean, you could make a whole channel about your printer. No, no, no, that’d be terrible. But it’s supposed to drum up business and get people to like the brand. Right? Yes. Yeah. I mean, I like the brand. just, you know, the top, the products just aren’t me really.

26:03
I definitely think you’re in a hard place, right? Just you personally with the brand. I think someone else would have an easier time. Well, yes. Maybe if I hired a spokesperson or someone. Yes, but then I think spokespeople dilute the, like, here’s the owner of the brand, this is exciting, personal connection. I’m talking about it today in the webinar.

26:30
One of my clients just launched on YouTube long form and we’re already seeing conversions in sales after In her case, it’s perfect. Absolutely perfect, yeah. It’s perfect. My business is just random. The origins of my business were mainly because of my wife’s needs at the time, not my needs. My needs were revenue.

27:00
But yes, your client, amazing synergy. I know it’s gonna kick butt to generate revenue for products and everything as well. Yeah, in fact, I just pulled the data because I’m updating some slides for that webinar. I mean, and this is, I mean, this is small money, right? We’re talking, but like we’re also in the very, we’re two weeks into the channel. I can show direct correlation to about $300 in sales from people who didn’t, who were not on the email list before for, and in two weeks. So it’s like,

27:29
I mean, and obviously there’s a big advantage. She’s an established brand. She has a presence outside of YouTube, but she had zero YouTube presence, right? So we started from zero with YouTube. And I think anyone who is a brand, and as I was putting the slide together and updating some stuff, I thought about our friend Kelly, who has Kelly Dream Crochet Kits. same thing. But I feel like you’re close to that niche.

27:57
The crochet niche, it’s because you’re kind of crafting kind of special occasion. It is, except I’m a middle-aged Chinese dude. only you sold crochet stuff, then you could just crochet all day. I could do the crafts and whatnot, and I wouldn’t care what people would think of me doing them. I always have to make a choice. This is one of the reasons why having two businesses is bad. I got to choose whether to focus my time on my wife quit her job.

28:27
or Bumblebee. yeah. I feel like if I, there’s a lot of history also with our business, since we’ve been running it for our 18th year now, the dynamics between my wife and I also working together, also coming to play there too. Yeah. It’s definitely a complex situation. It’s not as simple as like, just start a YouTube, you know.

28:51
But I would say if what you’re selling and a lot of people listening to this actually sell physical products, if there’s synergy with the content that you want to create with what you sell, I would almost go towards long form. It’s going to be a slog in the beginning and you’re not going to get nearly as many views as the shorts, but you got to view this as like a multi-year plan. Cause I remember when I did my channel, that first year was pretty miserable. That when I launched it with a giveaway and a promotion, I

29:21
think that video only got like 1,500 views. And that sounds like a lot, but like I was blasting my email list, everything, text, everything at it. And that’s all I could muster. And there were a lot of videos I published that first year that had less than a thousand views. And that hurts. Yes, but it is a slog. And actually yesterday I was talking to my client about this and it was funny because she,

29:50
She admitted something to me that I was like, please don’t tell me these things moving forward. I don’t wanna know. That we had this launch date set. We were releasing one video a day for two weeks or 10 day, like over a two week period as part of the launch strategy. And she had to have all these videos filmed.

30:12
And I told her, was like, we can’t do this last minute. Like you will get so stressed out, whatever. Well then of course it was the holidays. She owns an e-commerce business over the holidays, right? So it’s like perfect storm, right? And she’s like, I had a feeling, I forget when it was, sometime in December, she said, where I almost messaged you and said, we’re not doing this right now. And I was like, I’m so glad you didn’t, because I would have driven to your house and put you in front of a camera.

30:36
But I get it, that initial, especially when you first get started, like you were saying your first videos, not a lot of views. You’re not used to filming. So just getting used to using a teleprompter, not using a teleprompter. Do I stand? Do I sit? How much? What kind of editing do I want? There’s so many components of it, right? The good news is you’re not going to get a lot of views. So if you decide to have not a lot of editing initially and then add more editing in the future, that’s fine.

31:04
you have a lot of opportunity and runway to make changes. My client is a speaker, the videos actually weren’t terrible. She’s great, she looks great on camera. For her, it was more the writing the script and the post film, right, the editing side. And it was funny because she told me yesterday, she’s like, well, writing the script is the hardest part. And I’m like, as it should be. Like you’re doing exactly what you’re, if writing the script is the hardest part, then that you’re doing it right.

31:32
Because filming it once you are used to filming is easy. It’s the script writing that’s gonna be where you have to put the most brain power, right? That and your title and your hook. But yeah, I think for e-commerce brands, if you have any brand like remotely videoable, I guess, where you can create that content, one of our seller summit attendees works for a company, it’s actually his husband of an attendee works for a company called Grizzly Coolers.

32:02
or Grizzly products and they sell coolers and hunting stuff. I hate to say this, but it’s a man’s brand kind of thing. They’re a larger size business, but they have done a really great job of creating that content online. Long form or short form? Both. Their Instagram is awesome. It’s not awesome for me because it’s like, here’s this 10-year-old with a giant elk.

32:32
that he just shot whatever from a from a tree stand made by this company, you know, but like for their like they are killing it with the brand messaging, right? Like they know their audience, they know who they sell to, and they are creating the perfect kind of content. Like, you know, can a guy survive in one of our coolers, you know, out of a second store built story building, you know, like crazy stuff like that. But, you know, when I started looking at their video content, I was like, yeah, they are getting customers through their content.

33:02
because of their stuff’s well done, but their earlier stuff wasn’t as great, but they still had the messaging right. I think if you’re in e-commerce, this is a no-brainer for 2025. How many tears can a bumblebee linens hanky absorb? Yes. Before. Make it be Mike Jackness crying. Shout out to Mike. I’ve been playing around a lot with the chat GBT.

33:31
I can’t remember like the exact model name, but it’s where it branches out a whole bunch of different queries for you. And so you can actually ask it to give you a comprehensive TikTok plan and what to put in each video for like the next 30 days. And so, you know, if you want the ideas, that’s actually a decent way to do it. But then of course you have to go film and edit. What I like about long form is that you can actually make significant money on the ads.

34:00
So I make multiple six figures just on the ads and that can fund everything. Marketing, could fund a editor and whatnot. Whereas with the short form, I don’t think you’re ever gonna make enough money. You have to get so big. You can, you can. I don’t wanna say you can’t be done. But yeah, in order to fund some of these activities. So really you’re gonna be depending on going viral and maybe

34:29
getting brands to come out and pay you and that sort of thing. That’s where I see a lot of people making money. Or if you sell your own product, people will naturally try to find your brand and buy it. Yeah, so I think if you sell a physical product, well, I think short form is great. It’s sort of that like awareness, right? That display, it’s basically like display, old school display advertising, right? Just getting your brand in front of people. I think about

34:53
whenever you and I both love the NBA, we’ve been to a lot of basketball games, know, where we are, it’s like Chick-fil-A sandwich, but like if in the fourth quarter, the opposing team misses two free throws in a row, everyone gets a free Chick-fil-A sandwich, right? Like that’s a pure exposure play for Chick-fil-A because like, plus, you know, it gets all the crowd revved up. To me, that’s like the short form video. It’s like pure exposure, right? Cute videos that people send to their friends, you get people excited, you get people involved.

35:21
it’s not a click over and make a transaction, right? So if you’re in e-commerce and you’re making that short form video, you’re just getting exposure, you’re getting your name out there, you’re getting brand awareness. Whereas long form video to me is an actual transactional giving piece of content, right? It doesn’t mean that you’re not gonna get it from everybody, but I’ve watched a lot of YouTube videos over the past six weeks of trying to figure out the best way to get people to take an action without

35:51
blatantly just selling. And, you know, there can be done a variety of different ways. We talk about this a lot in the course, but, you talk about a free six day mini course. You know, my client gives away a free, she’s got a lead magnet on there. And then as soon as they get in that email flow, then it’s your job to warm them up to the brand, get them to make a transaction. Very rarely do, you know, is it like a direct sell from the video? Although,

36:18
in all my clients videos, she’s talked about her products in every single video. And people still absolutely love it. And it feels very natural, right? Because like, you know, she has one coming out next week on she sells a reading journal, basically helping your kids learn how to read, keep track of their reading, that kind of stuff as they get older. And it’s the video is going to I don’t know exactly what the title is, but you know, it’s basically like, how do you teach your kid how to read? Right. So it naturally fits into the product.

36:48
and what she’s doing. And in a short form video, you just can’t get enough information out there. But if you are a content creator, if you sell a digital product, you sell a course, a membership, to me that short form can be very powerful because you’re wanting people to take less of an action, right? It’s just a different component to that. And I think short form video for people who are doing that sort of business is definitely, I would definitely have that in your marketing suite.

37:19
I mean, we have colleagues, uh, part of ECF that have built their entire business off of TikTok and short form, right? Like that, that Ninja, the Katana sword. Yes. The Katana guy. I mean, it’s just a bunch of short form videos of guys chopping stuff up with swords. Yeah. And that that’s gone viral. I I wonder what their repeat business is like. I can’t imagine buying multiple Katanas, but what do I know? Like, I You’ve never met a guy who owns one Katana. That’s not true. My best friend actually owns a bunch.

37:48
Yes, see? They do buy. He collects them. I don’t know anything about Katana, so I should probably stop. He goes to shows and he collects them. They’re really expensive, like tens of thousands of dollars. When you look at our friends, Paul and Tiffany, they sell clothing. They’ve had huge amounts of success, short form video, TikTok shop. We won’t go into all the reasons why they’ve had that success. She talks about that at Seller Summit.

38:16
I think there is a place in e-commerce for short-form video, but it’s definitely wouldn’t be my priority, especially if I was selling anything that… I think clothing, beauty, that kind of stuff, absolutely short-form video. If I was in the beauty space, I would be sending my products to every influencer. I’d want stuff out there on TikTok, but other verticals, not so much. Here’s an interesting tidbit too.

38:46
And I actually got this from Dave Bryant’s most recent YouTube video on e-comm crew. Turns out that people in China are, leaving Amazon because it’s too competitive now. And what they’re doing is they are all going all in into live selling. Yeah. And so if you, and we’ve our friend Tiffany is a perfect example of this. I’m curious to try it. I don’t know if it’s something that I’d want to do regularly, but

39:15
That’s what’s hot right now in China. And I feel like the people in China are always ahead of the curve actually. Yes. And I know our friend Ming, who is one she’s Chinese, but has a lot of interaction with like sourcing and everything from China. She was telling us at seller summit that they’ve gotten so into live selling in China that they’re actually using like

39:42
I don’t know if it’s like holograms or like it’s not always a real person selling. No way. Yes. Yes, it’s AI. Yes. And she was trying to explain it and it was like one of those things where I was like, no, no, that’s not true. Right. But apparently it is. So and she’s like, yeah, they’ll be live for 24 hours, but it’s not actually a real person. Huh.

40:09
I am very curious about that technology actually. Yes, I might see her next week, so I’ll get more information. I do know that they have a lot of sets in place. They’ll show a video of something being made in a factory. It’s a fake factory. They’re for no children. We know it’s not real. No, but yes, it’s interesting. I have this one girl.

40:36
in my feed all the time and I don’t follow her, but she’s live selling, like she’s never not live selling. So I’m like, I wonder if she’s even real. And she’s, I don’t know where she is. She’s Asian and she’s selling like skincare. So maybe like a Korean skincare brand or something like that. But she’s always live in my feed when I see the live tab. her skin is perfect though. So she could be a robot. It’s possible. we should find someone to talk about that and sell her summit. Someone who broadcast live 24 hours a day.

41:06
It is true. There’s people I see live in my feed and they’re always live. Every time I’m on, they’re live. I don’t understand. That’s the one. mean, there’s a lot about TikTok I don’t understand, but that’s probably the one that really baffles me is these creators go live and just sit on their couch. I mean, remember we talked about this like three years ago, one of my kids went live on Instagram and made a peanut butter sandwich and had like 400 people watching.

41:33
I was like, a peanut butter sandwich. She was like, it wasn’t anything like, I’m making a peanut butter sandwich, wink, wink. No, you’re literally making a peanut butter sandwich. Your kids are attractive, so I get it. They’re cute, but it’s a peanut butter sandwich. Come on now. The true test is middle-aged Chinese guy. Let’s see if I get 400 people watching at once. You need to make a peanut butter sandwich and see what happens. I’m in the process of hiring a video editor.

42:03
I’m helping a client launch a YouTube channel. I think video, we’ve said this for like the last two years, but it hasn’t changed. Video is probably where people need to be this year. And whether TikTok stays or goes, the way people consume content is here to stay and it’s video content that they’re consuming.

42:33
For more information and resources, go to mywifequitterjob.com slash episode 574. Once again, tickets to the Seller Summit 2025 are now on sale over at sellersummit.com. If you wanna hang out in person in a small intimate setting, develop real relationships with like-minded entrepreneurs and learn a ton, then come to my event. Go to sellersummit.com. And if you’re interested in starting your own e-commerce store, head on over to mywifequitterjob.com and sign up for my free six-day mini course.

43:03
Just type in your email and I’ll send the course right away via email.

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