The Quantum Leap of eCommerce
Happy New Year, I wish you and your family the very best for 2020, may this year be your best year yet!
As you may be aware, we’re partway through our annual ‘12 Day Giveaway’ (www.the12daygiveaway.com), a fun way that we share appreciation to our subscribers through releasing content and giving away huge prizes.
This is the eighth year in a row we’ve run this now, and with $15,000 in prizes to be given away, this is our BIGGEST giveaway yet.
If you’re not yet registered, Click Here to head over to the ‘12 Days’ website and get signed up free of charge.
Today’s prize is a brand new Apple Series 5 Watch, valued at $400. The lucky winner is:
Richard G. (rnag*****@hotmail.com)
Congratulations, contact us following the instructions on www.the12daygiveaway.com to claim your prize.
If you’re not in the prize draw, or haven’t been following along, head over to the 12 Day Giveaway website and get signed up right now. We STILL have over $9,000 in prizes to giveaway, and a lot more good content to come as well.
Join Us LIVE On Thursday 9th…
On Thursday 9th January, we’ll be wrapping up the 12 Day Giveaway with a content-packed webinar designed to help make sure you get 2020 off to a great start. Register for that using the link below:
Click here to register for the live training
In addition to giving you tips and a plan of what to focus on in 2020, we’ll also be announcing the winner of $5,000 cash… get registered now to make sure you’re in the draw, and tune in to get all the content on Thursday next week.
A New Year, A New Start.
I LOVE starting a new year because it’s a time that forces me to reflect on what’s important in my life, and gives me the chance to hit reset on personal and business goals.
This blog post here today shares a look into what forms a large part of one of my big business goals of 2020, to grow our newest eCommerce business by $10,000,000 in sales revenue in 2020.
$10,000,000 in revenue growth in this calendar year from this one business is a sizeable goal, but we’ve already got a head start, as I explain below.
I’d love to hear your thoughts about this and to take any questions you may have, so leave a comment at the end of this post.
Let’s dive in…
The Evolution of eCommerce
I started selling physical products online through my own eCommerce stores in 2009, Steve started even earlier than that.
Back then the method we were using was simple:
- Find a USA supplier (or manufacturer) who was willing to ‘drop-ship’ (send products to customers for you)
- Set up a store with your products
- Get rankings in Google and other search engines, and make sales
This was before Facebook marketing was a thing.
This was before selling on Amazon using FBA was a thing.
This was also before AliExpress (and drop-shipping direct from China) was a thing.
And it was back when getting rankings for keywords in Google was a viable solution to traffic generation.
Since 2009, the way people sell physical products online has evolved. There are now multiple avenues to approach building an eCommerce business, each with their pros and cons.
Our eCommerce business has certainly evolved a lot since 2009, multiple times actually.
And with each evolution we’ve been able to build new income streams and a more profitable business as a result.
The 1st Evolution → Amazon FBA
The first evolution for us came with Amazon FBA. We got on that bandwagon early, and have since built an 8-figure business on the back of Amazon.
Not only do we have multiple brands and over 50 products selling on Amazon all around the world, but we also have our products in MEGA-stores across the USA (the likes of Walmart, CVS, Walgreens, etc).
I never get tired of logging into our Amazon accounts and seeing reports like these:
As we’ve grown in our businesses, we’ve actively tried to help as many people to grow alongside us as we could, and a decade later, we’ve helped over 10,000 people build real, working, eCommerce businesses.
We taught the Amazon FBA model to our subscribers in 2014, and it’s been a big focus of our Blueprint Academy mastermind group ever since.
The main obstacles to selling on Amazon using FBA are:
- You need to buy inventory (this will normally set you back at least $500 – $1000+ before you’re even selling)
- You’re getting into a crowded marketplace, competition is fierce, and you need to be on top of your game to stand a chance.
The 2nd Evolution → Shopify + AliExpress + Facebook
The next evolution of our eCommerce business came with the maturing of Facebook ads, and the timely mainstream arrival of AliExpress.
What we did here was use Facebook to drive large amounts of traffic to our own Shopify stores that sold items from suppliers in China.
Essentially, drop-shipping from China.
This model formed the basis of our 100k Factory training program, and we taught this model to thousands of people between 2016 and 2017, expanding on the model each year with new training.
With this model, the main headaches are:
- Shipping from China… it’s a pain in the ass, and leads to disgruntled customers because of how long shipping can take (regardless of how explicit you are about shipping times!)
- Facebook ad costs, and indeed making the math work when running Facebook ads.
- Tariffs and dealing with multiple Chinese suppliers (time zones, communication issues, etc).
The 3rd Evolution → Amazon Wholesale
From there we added Amazon wholesale to our portfolio. Buying from distributors in the USA, and selling other people’s products on Amazon by piggy-backing on existing Amazon listings.
We taught this model to our subscribers through our 7-Figure Cycle program in 2018, and once again, literally hundreds of students saw phenomenal results:
What people find most challenging with this model is:
- Dealing with Amazon (Amazon can shut your business down for no good reason, we’ve seen this happen MANY times)
- Margins, squeezed thin by an ever-growing number of competitors who sell the EXACT same products as you
- Logistics, and dealing with the whole supply chain in general.
In 2019 we didn’t run any public eCommerce training programs, but we HAVE continued to grow and to evolve what we’re doing in a MASSIVE way.
The Quantum Leap of eCommerce
The most exciting and dramatic leap forward in the world of eCommerce in over a decade is about to happen.
I hinted at it earlier, it’s the model we’ll use to add a new $10,000,000 income stream to our portfolio in 2020…
Imagine this:
- No up-front inventory orders. Meaning NO money down to get started.
- No Facebook ads. Avoiding the headache of dealing with Facebook and squeezing out a margin.
- No Amazon. As much as I love Amazon, I do get tired of their sudden changes and the feeling of living with vulnerability as a seller on Amazon.
- No China. No communication and service issues, no tariff issues either.
So far so good… but it gets EVEN better!
Add the following into the picture:
- You’re building your OWN brand (something that can be sold later if you want to)
- You can do this from ANYWHERE in the world (and for people living outside the USA, WITHOUT annoying reseller certificate requirements, LLC’s, and so on)
- You can scale VERY quickly (our most recent test website did over $16,000 in sales in it’s first 14 days).
Hopefully you’re salivating at the prospect of what is to come…
This is something that has me bouncing out of bed every single morning, I can’t remember being this excited about eCommerce since I got started with old-fashioned drop-shipping back in 2009!
Here are a couple of screenshots to show the potential here…
$79,993 in ONE Day
Or how about $1,188,695 in a single month?
Yes, these are LARGE numbers, and this is exactly what we’re doing using this model. THIS is what we aim to grow by a $10,000,000 in 2020.
Magic Under The Hood
I’ve spoken about how many of the main headaches of eCommerce businesses have been addressed… no inventory costs, no crippling ad spend, no Amazon, and no China, all while building a brand of your own, on your OWN platform, and with the ability to run your business from anywhere in the world and TRULY scale your operation… but there’s more.
Like with every online business, there are ways to manually run the operation, and ways to automate things.
Selling at scale through this business model is achieved through automation of virtually every step in the process, and most of this automation in our business comes from tools we’ve been developing for the past 12 months.
Testing
And just like every year, we’ve been doing some underground testing with a small group of guinea-pig students, and their results have been staggering to say the least:
The Path To $1,000 Per Day Profit
Before chasing $1,000/day in profit, aim to get to $100/day profit. Once you’re at $100/day in profit, I guarantee you that you’ll have no doubt in your mind about how to scale to $1,000, it’ll only be a matter of time.
To get to $100 profit per day means you’ll need to do about $200 in revenue.
This is child’s play.
It means you’ll need between 3-5 sales per day from your store.
All automated and streamlined, and depending on your setup, your ‘operational work’ (the stuff you need to do each day to run your store) could be literally zero.. zilch.. nada. I like that.
How Much Can You Scale?
I’ve shown you screenshots where we’ve done $79,993 in a single day, and over $1,000,000 in a single month, but even those numbers are still only scratching the surface.
With the right level of focus and dedication, I bet we could grow this business to $50,000,000 per year or more…
But what can YOU expect?
In your first year, and assuming you’re working on your own, without any team or infrastructure behind you, I think you could get to $250,000 in profit (that’d mean about $500,000 in sales).
I think in your second year you could be at $1,000,000 in profit, and you could grow upwards from there.
I’m SURE You’ve Got Q’s…
This blog post was only designed to get you thinking about our big eCommerce focus of 2020, to give you the high-level overview, NOT to get into the details of the model. We’ll get more into more info on the webinar on Thursday 9th, and over the coming weeks.
If you’ve got a question, leave it below, and I’ll answer it 🙂
Join Us Live On Thursday 9th
In addition to answering your questions below, we’re running a live workshop on Thursday 9th January to dive into this in more detail and to help make sure you get 2020 started in the best way possible. We’re not selling anything at all on this webinars, it’s just to provide you with more information and to answer your questions live. Register using the link below:
Click here to register for the live workshop
Thanks for reading, and again, all the best for 2020!
Aidan
This post is nostalgic! I remember those early years of ecommerce – pretty hard start but look at where we ecomm people are now! More power to you Aidan x
Hi Irene, I get the same nostalgic feeling when I look back… happy New Year!
I’M SO EXCITED FOR THIS!! Already marked January 9th on my calendar. Hoping for big things in 2020!
Me too!! All the best for 2020!
Fingers crossed for the 12 day giveaway!! This is my second year to join, and it’s always been exciting and at the same time a learning experience! Thanks Aidan and Steve!
Good luck Jason!!
I was a member of the 100k Factory, and yes dealing with suppliers on the other side of the world did become a headache at times, but I was a beginner and the program really helped me launch my ecommerce business. I was sad you didnt have an eCom program last year but looking forward to hearing more about what is coming this year. Happy New Year to you both.
Happy New Year, may 2020 be your best year yet (and I think you’ll LOVE the new eCom model we’ve been working on!)
Hi Aidan, I’ve applied for the Blueprint Academy twice now but never been selected.. are you taking new people in this year? Thanks for everything you and Steve do!
Hi Anne, Blueprint Academy is not open at the moment.. we may do a small intake (5-6 people) later this month though 🙂
Loving the 12 days so far guys, and nice touch with the gif image at the top Aidan
Glad you’re enjoying it Jared!
Wow!
Can’t wait much longer for 9th to come. You guys are the best in the world Aidan and Steve. Thank you.
🙂
This is very exciting.
I can’t wait to hear all the details and strategies.
Im right now going trough Amazon account and trying one if your recommended affiliate programs and learning how to make that profitable.
My question is. How do you work on different projects while focusing at one thing at the time?
Hi Brunao, you can still be focused while working on multiple projects at once, but it’s critical to have a set of action items that you can knock off, like milestones.. prior struggle when they don’t have everything laid out in a structured way.
I was a member of 7 Figure cycle, started well but inventory, suppliers and other demands made it difficult to manage. I’m still learning about eCom and hope I can get in and learn this model early before it’s saturated or too competitive?
Hi Robert, I wouldn’t worry about saturation with this new model.. more details on the 9th 🙂
I look forward to the webinar and the future prospect of your ideas and working with you.
Happy New Year
Happy new year!
…Learned most EVERYTHING of what I know from Steve & Tim back in the days of “Commission BluePrint” (Aidan wasn’t even BORN then, LOL!) ….Been a disciple ever since!
Never bothered with Shopify tho…always built our own real estate with Woo and WP….and rather than market otgher’s physical products, we mfg our own (wood products)…..but again followed Steve’s examples/teaching on the marketing part…and had success 100% of the time because of this!
Got a bit of an anomaly though…would love to show/talk about it….built one single(read: 1!) Etsy store 18 months ago…..selling digital downloadable products…no paid promo/ads of any kind…nada…. just Facebook groups…(groups we started/built on a niche topic, and posting in other groups related to this niche)….and that store has turned 500k + in profit in the 18 months….and these groups are small….largest is 7k…..this was pure accident… we were expecting a couple extra hundred a month out of the store…. not 25 – 30k…..
….and nooo….we don’t have a course on how to do this…..not even sure what we did right…(also not sure where to even begin if we did do a course!)….but we must have done something! Either that or just blundered into a hot niche at the right time…there is that to consider… (Never done Etsy before…we didn’t do any SEO, no paid promo….nothing like that….tho we are REALLY good at both SEO and Paid ads if we decided to do them… we were just dipping our toes into the Etsy waters to check it out….
ANYWAY…I am rambling! (Keyboard diarrhea! LOL!) This is probably not even the place for this! (Sorry!) Just excited, wanted to sing Steve’s praises (way of saying thanks!)and encourage folks! This internet stuff is DO-ABLE! (Think: BYE BYE BOSSHOLE!)
HAPPY NEW YEAR ALL!
Michael and Christina Rytter
Hehe, amazing to hear all of this Michael and Christina!! Commission Blueprint was a game changer for many, me included! Happy new year!
Ooops! So you ARE old too! (You WERE born when Commission Blueprint came out!!)Well the upside to that is that you age well!
Happy New Year!
Mike Rytter
Ha! Thanks Mike!
We gotta wait a week… ohh man. Is there anyway to become a part of your guinea pig group? lol
Just one week 🙂
Hi Aidan,
Really looking forward to what looks something like a bit of a crock of gold at the end of the rainbow.
I really want to get into ecom this year and build something for myself and for my two daughters.
With the headaches out the window I am fascinated how you are going to drive traffic )will there still be a paid element even if not facebook?)
I loved the fact that you mentioned a $100 per day initial target as that is what I am looking to achieve early this year.
Are you guys now providing the products and whitelabelling them for students?
I presume the webinare will be pitching a multi thousand dollar training which would make it tough but an nonetheless interested to what you guys have up your sleeve.
Always been very ethical marketers, both of you.
You mention making $250k in year one. I presume this is reinvesting profits?
Would love to see a scaling plan and model on this.
Cheers
Richard
Hi Richard, the webinar on the 9th isn’t actually about the new method we’ve been developing, it’s to wrap up the 12 Day Giveaway and help folks get started in the best way this year. We will have more info about the new eCom model (and obviously answer all of your questions!) in a few weeks time 🙂
Cheers Aidan
You say you’re not selling anything on this webinar? But I hope we’ll find out how to do this new way of selling? Excited!
We will have more details on the webinar, but the new system isn’t the focus of the webinar ??
Dropshipping from the US with a different traffic source and a Shopify account?
Heading in the right direction..
Hi Aidan,
I’ve been following the 12 Day Giveaway. Great information. Especially in staying focus and motivated. Looking forward to the Webinar. Happy new year to you and Steven.
Bill Greig
Thanks Bill!
Hi Aidan!
First of all, Happy New Year to you and your family! I am truly looking forward to this webinar as I sent S. an E a few days ago stating my true desire to get an Ecomm biz rolling this year! Feeling like this INFO could be a Godsend. After 20 years of working with my husband’s 2 brick & mortar stores, it is time to diversify our portfolio – this is my 2020 VISION! Wishing All the Best for ALL of us this year!!
All the best for 2020 Sandy!!!
Hi Aidan – I’ve been loving your 12-day Giveaway posts. So much value in the form of information and powerful tips!
I must also add that both you and Steve enthuse some kind of authenticity and truthfulness that’s quite refreshing in the industry. I have only known you (through OMC)for only a little period, but I already have immense trust and respect for both of you and what you do.
I’ve never explored any kind of e-Commerce business (though have read about them), but what you’re mentioning – really has sparked my interest.
I look forward to when you reveal this new option.
Wishing you and Steve, and all the community here, a very Happy and Prosperous 2020!
With regards from Auckland, NZ
Virin
Hi Virin! Thanks for your kind by words!! I’m glad you’re enjoying the 12 Days, more good stuff to come!!
It looks like 2020 is going to be a very good year ?
I hope so Ricardo!
Thanks Aidan for all the tips and advices Iam enjoying
The 12 days tips so far and looking forward to the 9th Jan?
Hi Aidan,
I’m a big fan. I started an e-comm store two years ago and failed majestically ??
I’m all in on these training as I now know to follow those who know what they are doing instead of trying to do it all myself.
Please give me a easy payment plan (more than 3 payments ???) for this training model so I can jump onboard.
Many thanks
Hey Aiden,
This program looks great, but can you talk about how you get traffic?
Thanks
Hi Ken, we will get into that in detail soon!
Aiden and Steve-
So excited to hear about what is next around the corner. I have invested in different programs that you have recommended.
Thank you for sharing so much and educating me in different passive income streams. I’m dedicating my 2020 to get me to be able to fire my boss. I want to be able to spend more time with my daughter and my young grandson!
Thank you both for everything you do and share with your tribe!
Hi Melissa! Great goal, best of luck this year!
Hello Aidan
Happy New Year. E-commerce evolution, that something new I learn.Can’t wait for Jan 9 and will there be a record of this?
The 4th evolution sound interesting and thank you for clarifying it. Good to know with 4th evolution I no longer need an LLC or reseller certificate lol
Good day,
Muhammad Zamil
Hi Aidan,
I have joined your trainings since the 100k factory days and have been happily surprised by the quality of the programs you offer. Even though it’s been a struggle for me so far, thank you for introducing me to the eComm world. I hope 2020 will be my breakthrough year, given how exciting this new program sounds. Thanks again!
When you launch Parallel Profits Program, I was skeptical about the course. But, once I completed first webinar, you pour a lot of inspiration to my head and today, I am earning minimum $400 per day. Thanks for making my life awesome again. Now, waiting for your next course.
Awesome to hear that Steve!
Sounds amazing! I’ll definitely be on the webinars… we started a Shopify ecomm store with our originally designed POD products a few years ago which sold literally *nothing*… heartbreaking that… and I even knew a little bit about SEO & SMM back then, was connected to some relevant groups… Anyway, all that is to say I’d love to learn a way that actually *works*. Appreciate all the info you guys put out there… I’ve definitely been carrying a forward momentum since joining PinPoint (even if I’m still figuring that one out too).
Hu Danielle, I think what we’re talking about will be an eye opener for many people, it’s certainly quite different to anything we’ve seen out there or spoken about!
Hi, thanks for allowing me to review all this valuable information. I’m just starting out with this business and have limited funds. Would this be suitable for me or would you recommend that I start at a different level. Your advice would be valuable
Tom in the UK
Hi Tom, all info will be released in a few weeks time 🙂
E-commerce is no doubt the best online income stream. No doubt about that as any beginner can start making money with dropshipping by following the outlined guidelines. Let’s break the 2020 success chain.
You aren’t joking about Amazon shutting you down for no reason. Followed the OMC instructions to the letter. They shut me down 3 minutes after taking the monthly fee. I sent them all the documents they asked for and they wouldn’t budge. Appeals got no response. Very frustrating because that model fit my personality so well.
Hi Preston, if you tried to open an account recently, try again in a couple of weeks time.. Amazon are notoriously bad at shutting down accounts in the lead up to Christmas, should be fine at the start of a new year though
That is very useful information. Thank you.
I am interested in the workshop on January 9th. I am an absolute newbie to all of this. I don’t have any products or website. Is this workshop for me or just people that already have something going on and want to improve?
Hi Marc, late reply here from me I’m afraid.. yes.. the webinar was newbie friendly.
I was a member of 7 Figure cycle, started well but inventory, suppliers and other life demands made it difficult to manage. I still want to do eCom. Hope when you launch your new eCom program, you will give more favour to people like me who are not so successful with 7 Figure cycle. Thank you so much?.
Hi Caleb, absolutely.. we’ve sent a special message to 7FC members 🙂
Hello
Please I have some questions before to start the webinair
1) I had some experience with the droppshipping and I had the problem to set up the settings of my payement in my store. The reason because many bank has refused to give me the solution of the payment gateway ( for information I am from Tunisia ). So my question the KiboCOde can confirm that I will not have this issue and I can easily receive my money from my potentiel clients or not ?
For information in Tunisia we not use PayPal
2) I am from Tunisia and I will sale the products in USA if I understood correctly so in this case before to buy the Kibo Code what I need to do exactly ( specially about taxes and MUST I have a society in USA and not in Tunisia ?
3) is it possible to test this product before to make the payment ?
4) is it true that the suggestion products are not available in other platform like AMAZON EBAY…?
5) what about if after one sale I will have bad review ? The is can highly affected my future sales
Thank you
Hi Bessem, I missed this.. hope you got your Q’s answered!