All language subtitles for COMPLETE Guide to Print on Demand for 2024 (21+ Hours) [English (auto-generated)] [DownloadYoutubeSubtitles.com]

af Afrikaans
ak Akan
sq Albanian
am Amharic
ar Arabic
hy Armenian
az Azerbaijani
eu Basque
be Belarusian
bem Bemba
bn Bengali
bh Bihari
bs Bosnian
br Breton
bg Bulgarian
km Cambodian
ca Catalan
ceb Cebuano
chr Cherokee
ny Chichewa
zh-CN Chinese (Simplified)
zh-TW Chinese (Traditional)
co Corsican
hr Croatian
cs Czech
da Danish
nl Dutch
en English
eo Esperanto
et Estonian
ee Ewe
fo Faroese
tl Filipino
fi Finnish
fr French
fy Frisian
gaa Ga
gl Galician
ka Georgian
de German
el Greek
gn Guarani
gu Gujarati
ht Haitian Creole
ha Hausa
haw Hawaiian
iw Hebrew
hi Hindi
hmn Hmong
hu Hungarian
is Icelandic
ig Igbo
id Indonesian
ia Interlingua
ga Irish
it Italian
ja Japanese
jw Javanese
kn Kannada
kk Kazakh
rw Kinyarwanda
rn Kirundi
kg Kongo
ko Korean
kri Krio (Sierra Leone)
ku Kurdish
ckb Kurdish (Soranî)
ky Kyrgyz
lo Laothian
la Latin
lv Latvian
ln Lingala
lt Lithuanian
loz Lozi
lg Luganda
ach Luo
lb Luxembourgish
mk Macedonian
mg Malagasy
ms Malay
ml Malayalam
mt Maltese
mi Maori
mr Marathi
mfe Mauritian Creole
mo Moldavian
mn Mongolian
my Myanmar (Burmese)
sr-ME Montenegrin
ne Nepali
pcm Nigerian Pidgin
nso Northern Sotho
no Norwegian
nn Norwegian (Nynorsk)
oc Occitan
or Oriya
om Oromo
ps Pashto
fa Persian
pl Polish
pt-BR Portuguese (Brazil)
pt Portuguese (Portugal)
pa Punjabi
qu Quechua
ro Romanian
rm Romansh
nyn Runyakitara
ru Russian
sm Samoan
gd Scots Gaelic
sr Serbian
sh Serbo-Croatian
st Sesotho
tn Setswana
crs Seychellois Creole
sn Shona
sd Sindhi
si Sinhalese
sk Slovak
sl Slovenian
so Somali
es Spanish
es-419 Spanish (Latin American)
su Sundanese
sw Swahili
sv Swedish
tg Tajik
ta Tamil
tt Tatar
te Telugu
th Thai
ti Tigrinya
to Tonga
lua Tshiluba
tum Tumbuka
tr Turkish Download
tk Turkmen
tw Twi
ug Uighur
uk Ukrainian
ur Urdu
uz Uzbek
vi Vietnamese
cy Welsh
wo Wolof
xh Xhosa
yi Yiddish
yo Yoruba
zu Zulu
Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:00,160 --> 00:00:06,319 welcome to the free Ecom course what you 2 00:00:02,560 --> 00:00:09,120 have just found is over 21 plus hours 3 00:00:06,319 --> 00:00:11,880 put together by my wife myself and our 4 00:00:09,120 --> 00:00:13,839 amazing team to bring to you everything 5 00:00:11,880 --> 00:00:15,839 that you could ever possibly need to 6 00:00:13,839 --> 00:00:17,520 start and grow your own successful 7 00:00:15,839 --> 00:00:20,359 e-commerce business so what's in this 8 00:00:17,520 --> 00:00:23,519 course is everything that I learned from 9 00:00:20,359 --> 00:00:25,800 growing eight different Shopify Brands 10 00:00:23,519 --> 00:00:28,000 to seven figures and Beyond but the best 11 00:00:25,800 --> 00:00:30,039 part is that this course is not just 12 00:00:28,000 --> 00:00:32,520 based off of things that used to work 13 00:00:30,039 --> 00:00:34,280 and S plus years of experience also 14 00:00:32,520 --> 00:00:36,719 based on the things that are working 15 00:00:34,280 --> 00:00:38,440 today like this brand here that we 16 00:00:36,719 --> 00:00:41,360 launched a couple of months ago back in 17 00:00:38,440 --> 00:00:43,920 July and since then it's been on track 18 00:00:41,360 --> 00:00:45,840 to do well over a million dollar in its 19 00:00:43,920 --> 00:00:47,640 first 12 months the reason we're making 20 00:00:45,840 --> 00:00:50,559 this course is that after I look back 21 00:00:47,640 --> 00:00:52,879 over the past decade or so of experience 22 00:00:50,559 --> 00:00:55,600 and just counted up all the mistakes 23 00:00:52,879 --> 00:00:57,600 that I've had along the way I realized 24 00:00:55,600 --> 00:00:59,640 that there's just no resource out there 25 00:00:57,600 --> 00:01:02,079 like this that is truly based off of 26 00:00:59,640 --> 00:01:04,720 real Real World experience and what is 27 00:01:02,079 --> 00:01:07,000 currently working and certainly nothing 28 00:01:04,720 --> 00:01:08,920 like that for free cuz not only do we 29 00:01:07,000 --> 00:01:11,240 have the in-depth lessons where I go 30 00:01:08,920 --> 00:01:13,080 through everything with you step by step 31 00:01:11,240 --> 00:01:14,400 not just showing it for an example 32 00:01:13,080 --> 00:01:17,400 actually building one that we're going 33 00:01:14,400 --> 00:01:19,600 to launch and grow to six and seven 34 00:01:17,400 --> 00:01:22,119 figures in sales but we also give you 35 00:01:19,600 --> 00:01:24,479 all the resources and PDF downloads and 36 00:01:22,119 --> 00:01:26,520 templates that you need so that you can 37 00:01:24,479 --> 00:01:28,640 copy paste everything that we do in our 38 00:01:26,520 --> 00:01:30,520 business while I certainly can't promise 39 00:01:28,640 --> 00:01:32,759 any kind of results and anybody who 40 00:01:30,520 --> 00:01:34,880 tries to promise results you should take 41 00:01:32,759 --> 00:01:38,040 a closer look at them what I can promise 42 00:01:34,880 --> 00:01:40,000 you is that this 21 hours is by far the 43 00:01:38,040 --> 00:01:42,840 best work that I've ever done my entire 44 00:01:40,000 --> 00:01:45,119 life and it leaves absolutely no stone 45 00:01:42,840 --> 00:01:47,320 unturned so if you are a complete 46 00:01:45,119 --> 00:01:49,719 beginner and you're confused and not 47 00:01:47,320 --> 00:01:52,159 sure like what direction to follow in or 48 00:01:49,719 --> 00:01:54,159 where to get started this resource is 49 00:01:52,159 --> 00:01:55,960 for you or if you've already started 50 00:01:54,159 --> 00:01:58,159 taking sales you're struggling to get 51 00:01:55,960 --> 00:01:59,600 profitable and to scale then this is 52 00:01:58,159 --> 00:02:02,159 going to show you how to do that we 53 00:01:59,600 --> 00:02:04,280 covered everything from zero to seven 54 00:02:02,159 --> 00:02:06,200 figures that includes all of the 55 00:02:04,280 --> 00:02:08,479 marketing all your product research your 56 00:02:06,200 --> 00:02:10,440 site optimization customer service how 57 00:02:08,479 --> 00:02:12,599 to manage your finances all of the 58 00:02:10,440 --> 00:02:14,239 little ins and outs we've covered all of 59 00:02:12,599 --> 00:02:16,280 that and putting together an amazing 60 00:02:14,239 --> 00:02:19,080 resource like this is obviously not 61 00:02:16,280 --> 00:02:22,160 cheap or a fast thing to do so my team 62 00:02:19,080 --> 00:02:24,160 and I and my wife/ business partner we 63 00:02:22,160 --> 00:02:27,720 have worked on this recording for well 64 00:02:24,160 --> 00:02:29,599 over a month invested well over $30,000 65 00:02:27,720 --> 00:02:32,080 in editing and bringing together all of 66 00:02:29,599 --> 00:02:34,080 the resources here before you and making 67 00:02:32,080 --> 00:02:35,840 it completely free now a question you're 68 00:02:34,080 --> 00:02:38,480 probably asking yourself is that okay if 69 00:02:35,840 --> 00:02:40,640 it's so great then why is it free so 70 00:02:38,480 --> 00:02:42,840 that seem a little strange and the 71 00:02:40,640 --> 00:02:44,800 reason for me deciding to make this free 72 00:02:42,840 --> 00:02:46,319 and available to everyone comes back to 73 00:02:44,800 --> 00:02:48,159 a personal experience I had that when I 74 00:02:46,319 --> 00:02:50,760 was first starting out I decided to buy 75 00:02:48,159 --> 00:02:52,599 a course I invested about $5,000 of 76 00:02:50,760 --> 00:02:54,239 money that I didn't have just racked it 77 00:02:52,599 --> 00:02:56,159 up on my credit card and by the time I 78 00:02:54,239 --> 00:02:57,480 actually got into the course and started 79 00:02:56,159 --> 00:03:00,080 working on the business I didn't have 80 00:02:57,480 --> 00:03:02,760 any money left over to actually spend on 81 00:03:00,080 --> 00:03:04,680 the business and I was just in a really 82 00:03:02,760 --> 00:03:06,640 bad spot ended up having to take a job 83 00:03:04,680 --> 00:03:08,920 in order to pay down the the course 84 00:03:06,640 --> 00:03:11,159 alone I don't want that experience for 85 00:03:08,920 --> 00:03:13,400 anybody and if there was a resource out 86 00:03:11,159 --> 00:03:15,239 there like this it would have completely 87 00:03:13,400 --> 00:03:16,440 changed the trajectory of my life I'm 88 00:03:15,239 --> 00:03:18,560 really happy with where things have 89 00:03:16,440 --> 00:03:20,640 ended up but that would have completely 90 00:03:18,560 --> 00:03:22,760 changed the trajectory and I would have 91 00:03:20,640 --> 00:03:24,519 been really grateful to whoever did that 92 00:03:22,760 --> 00:03:26,879 so in this course it's broken down into 93 00:03:24,519 --> 00:03:27,799 10 different modules for you in module 94 00:03:26,879 --> 00:03:30,159 one you're going to be learning the 95 00:03:27,799 --> 00:03:32,080 intro lay of the land exactly what this 96 00:03:30,159 --> 00:03:34,360 course is what you can expect and how to 97 00:03:32,080 --> 00:03:35,560 get the most out of it then module two 98 00:03:34,360 --> 00:03:37,640 you're going to be laying your 99 00:03:35,560 --> 00:03:39,640 foundations learning how to become the 100 00:03:37,640 --> 00:03:41,480 kind of person that is capable of not 101 00:03:39,640 --> 00:03:43,159 just starting a project like this but 102 00:03:41,480 --> 00:03:44,920 actually seeing it through all the way 103 00:03:43,159 --> 00:03:46,840 to the end module three you're going to 104 00:03:44,920 --> 00:03:48,840 be learning how to do market research 105 00:03:46,840 --> 00:03:50,920 and choose your Niche and then building 106 00:03:48,840 --> 00:03:53,480 a brand that will stand out in a really 107 00:03:50,920 --> 00:03:55,480 competitive space module 4 is product 108 00:03:53,480 --> 00:03:57,319 and fulfillment where you're going to be 109 00:03:55,480 --> 00:03:59,799 seeing how we do product research and 110 00:03:57,319 --> 00:04:02,200 then how we use AI tools to create 111 00:03:59,799 --> 00:04:04,280 create and design all of our products 112 00:04:02,200 --> 00:04:06,159 extremely cost effectively and then how 113 00:04:04,280 --> 00:04:07,920 we use print IFI so that they print pack 114 00:04:06,159 --> 00:04:09,920 and ship all the orders right to the 115 00:04:07,920 --> 00:04:11,519 customer without us ever having to touch 116 00:04:09,920 --> 00:04:14,040 a thing in in module 5 you're going to 117 00:04:11,519 --> 00:04:15,840 learn how to create a high converting 118 00:04:14,040 --> 00:04:17,519 Shopify store where I'm going to be 119 00:04:15,840 --> 00:04:19,359 going through with you step by step 120 00:04:17,519 --> 00:04:21,720 Click by click sharing my screen with 121 00:04:19,359 --> 00:04:24,199 you as I'm building my own brand along 122 00:04:21,720 --> 00:04:25,840 with you again this is not just a me 123 00:04:24,199 --> 00:04:27,880 teaching stuff at you I'm literally 124 00:04:25,840 --> 00:04:29,759 building a new brand alongside you 125 00:04:27,880 --> 00:04:31,039 module 6 is the beefiest section of the 126 00:04:29,759 --> 00:04:32,440 the entire course and that's where 127 00:04:31,039 --> 00:04:34,680 you're going to be learning how to drive 128 00:04:32,440 --> 00:04:36,199 profitable Facebook and Google ad 129 00:04:34,680 --> 00:04:37,880 traffic in module 7 you're going to 130 00:04:36,199 --> 00:04:40,199 learn how to set up all of your email 131 00:04:37,880 --> 00:04:42,360 flows and automations so that you can 132 00:04:40,199 --> 00:04:44,240 just set these up one time and then they 133 00:04:42,360 --> 00:04:47,160 run for you for the duration of your 134 00:04:44,240 --> 00:04:48,960 brand and just R in extra profitable 135 00:04:47,160 --> 00:04:51,120 sales for you every day of the week 136 00:04:48,960 --> 00:04:53,199 module 8 is systems and operations where 137 00:04:51,120 --> 00:04:55,160 you're going to be learning how to not 138 00:04:53,199 --> 00:04:56,840 just maximize your profit but how to 139 00:04:55,160 --> 00:04:58,560 make sure you are actually keeping it 140 00:04:56,840 --> 00:05:00,320 how to run your financials how to scale 141 00:04:58,560 --> 00:05:02,440 your team so that you can work on the 142 00:05:00,320 --> 00:05:03,960 business instead of in it module 9 is 143 00:05:02,440 --> 00:05:07,240 scaling where we're going to be talking 144 00:05:03,960 --> 00:05:09,400 about how to go from $10 to $100,000 per 145 00:05:07,240 --> 00:05:10,880 month in sales the module 10 is where 146 00:05:09,400 --> 00:05:13,639 you're going to be learning about what 147 00:05:10,880 --> 00:05:15,479 it takes to build an exit from a seven 148 00:05:13,639 --> 00:05:16,280 figure e-commerce business so those are 149 00:05:15,479 --> 00:05:18,240 all the things we're going to be 150 00:05:16,280 --> 00:05:21,240 covering as I mentioned it's extremely 151 00:05:18,240 --> 00:05:23,400 robust it's as comprehensive as it gets 152 00:05:21,240 --> 00:05:24,560 it's just a matter of you deciding is 153 00:05:23,400 --> 00:05:26,440 this something that you're going to 154 00:05:24,560 --> 00:05:28,240 stick through all the way to the end 155 00:05:26,440 --> 00:05:30,240 knowing that this is the last resource 156 00:05:28,240 --> 00:05:31,840 you will ever need so if you're ready to 157 00:05:30,240 --> 00:05:34,199 jump in and change your life there's 158 00:05:31,840 --> 00:05:36,199 just two quick things we ask you number 159 00:05:34,199 --> 00:05:38,280 one is if you're interested in getting 160 00:05:36,199 --> 00:05:39,680 full access to all the free resources 161 00:05:38,280 --> 00:05:41,400 then consider joining the school 162 00:05:39,680 --> 00:05:42,919 Community again it's completely free 163 00:05:41,400 --> 00:05:44,800 it's an amazing community of people that 164 00:05:42,919 --> 00:05:47,000 are going through the course with you 165 00:05:44,800 --> 00:05:49,039 that you can talk with ask questions 166 00:05:47,000 --> 00:05:51,360 bounce ideas off each other whatever you 167 00:05:49,039 --> 00:05:54,199 want in addition to getting all of the 168 00:05:51,360 --> 00:05:55,919 resources in a nicely formatted step by 169 00:05:54,199 --> 00:05:57,560 step and then the second thing is of 170 00:05:55,919 --> 00:05:59,160 course using the affiliate links down 171 00:05:57,560 --> 00:06:01,479 below of the businesses and softwares 172 00:05:59,160 --> 00:06:04,160 that we recommend by using those links 173 00:06:01,479 --> 00:06:06,680 you help us recoup some of our costs and 174 00:06:04,160 --> 00:06:08,560 earn a small commission that it doesn't 175 00:06:06,680 --> 00:06:10,000 cost you a single thing but certainly 176 00:06:08,560 --> 00:06:11,800 don't feel pressured to do it by any 177 00:06:10,000 --> 00:06:13,840 means you can always just go Google it 178 00:06:11,800 --> 00:06:15,280 and find the same software but by using 179 00:06:13,840 --> 00:06:16,759 the links Down Below in some cases 180 00:06:15,280 --> 00:06:18,120 there's special offers that we've 181 00:06:16,759 --> 00:06:20,199 partnered with these companies to be 182 00:06:18,120 --> 00:06:21,720 able to bring you such as Shopify which 183 00:06:20,199 --> 00:06:23,199 is the one that I recommend signing up 184 00:06:21,720 --> 00:06:25,720 for right now which by clicking the 185 00:06:23,199 --> 00:06:27,960 Shopify link you get three months of a 186 00:06:25,720 --> 00:06:30,240 Shopify trial for just a dollar then the 187 00:06:27,960 --> 00:06:32,319 second link is printify which by using 188 00:06:30,240 --> 00:06:35,080 the link down below you can get 1 month 189 00:06:32,319 --> 00:06:36,919 of printify Premium completely for free 190 00:06:35,080 --> 00:06:38,880 while you try it out and this is the 191 00:06:36,919 --> 00:06:41,000 company that we have used for years and 192 00:06:38,880 --> 00:06:42,479 years to fulfill all of our products we 193 00:06:41,000 --> 00:06:44,120 absolutely love them and we're going to 194 00:06:42,479 --> 00:06:45,880 be talking a lot more about them I 195 00:06:44,120 --> 00:06:47,639 appreciate you even watching this far in 196 00:06:45,880 --> 00:06:49,800 the video just that alone shows that you 197 00:06:47,639 --> 00:06:51,080 stand out from the rest of the crowd and 198 00:06:49,800 --> 00:06:52,759 I believe in you that you have what it 199 00:06:51,080 --> 00:06:54,400 takes to get this done we are here for 200 00:06:52,759 --> 00:06:56,599 you in the school community and in the 201 00:06:54,400 --> 00:06:59,599 comments every step of the way now let's 202 00:06:56,599 --> 00:06:59,599 scale 203 00:07:00,170 --> 00:07:05,930 [Music] 204 00:07:08,020 --> 00:07:10,400 [Music] 205 00:07:09,400 --> 00:07:12,280 all right so we just want to take a 206 00:07:10,400 --> 00:07:15,360 quick minute to first of all introduce 207 00:07:12,280 --> 00:07:17,199 ourselves uh and more importantly 208 00:07:15,360 --> 00:07:19,039 explain like some of the background 209 00:07:17,199 --> 00:07:22,520 behind the course and why we're doing it 210 00:07:19,039 --> 00:07:22,520 so you know exactly what you're getting 211 00:07:22,879 --> 00:07:28,759 into who are 212 00:07:25,240 --> 00:07:31,759 we all right so we are wait okay so if 213 00:07:28,759 --> 00:07:35,400 you haven't seen my YouTube channel or 214 00:07:31,759 --> 00:07:37,120 Chris's YouTube channel um we are 215 00:07:35,400 --> 00:07:40,039 married we are husband and wife and we 216 00:07:37,120 --> 00:07:42,479 are we are we're married it's crazy but 217 00:07:40,039 --> 00:07:45,159 we've been business partners and 218 00:07:42,479 --> 00:07:47,520 roommates and stuff for going on a 219 00:07:45,159 --> 00:07:49,639 couple of years and we've decided to 220 00:07:47,520 --> 00:07:52,120 make this course after running these 221 00:07:49,639 --> 00:07:54,000 businesses long enough and like with 222 00:07:52,120 --> 00:07:56,159 consistent enough results that we felt 223 00:07:54,000 --> 00:07:57,919 like sharing it to hopefully help some 224 00:07:56,159 --> 00:07:59,879 other people get results along the same 225 00:07:57,919 --> 00:08:02,199 lines as what we my quick 30 second 226 00:07:59,879 --> 00:08:04,319 elevator pitch is that I quit my 9 to5 227 00:08:02,199 --> 00:08:07,000 job at Amazon it was more like a 9900 228 00:08:04,319 --> 00:08:10,159 p.m. to 9:00 a.m. job at Amazon but 229 00:08:07,000 --> 00:08:12,599 anyway about 8 years ago holy crap yeah 230 00:08:10,159 --> 00:08:14,599 8 years ago and then I lived in a 231 00:08:12,599 --> 00:08:16,639 e-commerce incubator with 12 other 232 00:08:14,599 --> 00:08:19,240 entrepreneurs for about four years or as 233 00:08:16,639 --> 00:08:21,280 Meg called it the Ecom frat house either 234 00:08:19,240 --> 00:08:23,560 one is pretty accurate and during that 235 00:08:21,280 --> 00:08:25,199 time I learned a ton and in the past 236 00:08:23,560 --> 00:08:27,400 seven eight years I built eight 237 00:08:25,199 --> 00:08:30,199 different Shopify Brands to seven 238 00:08:27,400 --> 00:08:32,479 figures and exited from five of those 239 00:08:30,199 --> 00:08:35,479 Brands and a couple of them were with my 240 00:08:32,479 --> 00:08:37,800 business partner here and then as a fun 241 00:08:35,479 --> 00:08:39,240 fact here's the notepad that I had from 242 00:08:37,800 --> 00:08:41,200 when I started learning about starting a 243 00:08:39,240 --> 00:08:45,200 business right after have you seen this 244 00:08:41,200 --> 00:08:47,880 before no after I graduated the so the 245 00:08:45,200 --> 00:08:49,839 terrible handwriting aside the part that 246 00:08:47,880 --> 00:08:52,279 I thought was funny was that like my 247 00:08:49,839 --> 00:08:54,279 questions at the top were LLC question 248 00:08:52,279 --> 00:08:56,120 mark and then I thought that the most 249 00:08:54,279 --> 00:08:58,880 important thing was immediately 250 00:08:56,120 --> 00:09:00,959 researching trademarks and patents I 251 00:08:58,880 --> 00:09:03,600 actually did a really in-depth course on 252 00:09:00,959 --> 00:09:07,000 patent research which have never used to 253 00:09:03,600 --> 00:09:09,480 this day and here's my actual college 254 00:09:07,000 --> 00:09:11,640 gpa for my transcript so I graduated 255 00:09:09,480 --> 00:09:13,440 with a whopping 2.88 my mom always 256 00:09:11,640 --> 00:09:16,279 thought that I was going to be a doctor 257 00:09:13,440 --> 00:09:18,560 and instead I've sold a lot of t-shirts 258 00:09:16,279 --> 00:09:21,399 and the reason I'm showing this is just 259 00:09:18,560 --> 00:09:23,920 to share that you know I'm clearly 260 00:09:21,399 --> 00:09:25,839 nothing special and at the end of the 261 00:09:23,920 --> 00:09:28,160 day if I'm able to get these kind of 262 00:09:25,839 --> 00:09:31,120 results then I I think just about 263 00:09:28,160 --> 00:09:33,200 anybody can as well and from the the 264 00:09:31,120 --> 00:09:36,399 house that I lived in here's an example 265 00:09:33,200 --> 00:09:38,399 of here were our sales from way back in 266 00:09:36,399 --> 00:09:40,640 2019 we were like split up into 267 00:09:38,399 --> 00:09:42,519 different teams and it's a story for a 268 00:09:40,640 --> 00:09:43,640 whole another day but anyway it was it's 269 00:09:42,519 --> 00:09:45,800 pretty cool experience and that's where 270 00:09:43,640 --> 00:09:47,480 I learned a lot we held events that sort 271 00:09:45,800 --> 00:09:49,399 of thing where people would come in and 272 00:09:47,480 --> 00:09:52,440 learn from us about running Facebook ads 273 00:09:49,399 --> 00:09:54,560 and email marketing Shopify how to find 274 00:09:52,440 --> 00:09:58,200 winning products all that sort of thing 275 00:09:54,560 --> 00:09:59,920 and now who am I my name is Meg and I 276 00:09:58,200 --> 00:10:02,800 actually had no 277 00:09:59,920 --> 00:10:05,399 no I don't know if I want to say desire 278 00:10:02,800 --> 00:10:08,000 but like I absolutely never thought that 279 00:10:05,399 --> 00:10:11,160 I would be pursuing anything e-commerce 280 00:10:08,000 --> 00:10:13,600 related I actually went to school to 281 00:10:11,160 --> 00:10:16,600 become a pediatric nurse um and I still 282 00:10:13,600 --> 00:10:19,720 do that per DM to this day but after I 283 00:10:16,600 --> 00:10:22,160 met Chris he introduced me to e-commerce 284 00:10:19,720 --> 00:10:23,560 specifically print on demand and I think 285 00:10:22,160 --> 00:10:25,920 this is something that you know you 286 00:10:23,560 --> 00:10:28,360 could get into and do really well in and 287 00:10:25,920 --> 00:10:30,560 so during Co when the world was shut 288 00:10:28,360 --> 00:10:34,360 down I had a lot lot of free time on my 289 00:10:30,560 --> 00:10:36,760 hands and so I started my first shop and 290 00:10:34,360 --> 00:10:39,800 the rest has really been history since 291 00:10:36,760 --> 00:10:41,839 then it went did a full flip nursing was 292 00:10:39,800 --> 00:10:44,600 my full-time and now e-commerce is my 293 00:10:41,839 --> 00:10:47,000 full-time so a very different route than 294 00:10:44,600 --> 00:10:49,600 what Chris took yeah and to prop Meg up 295 00:10:47,000 --> 00:10:51,040 for a second she went from her first ad 296 00:10:49,600 --> 00:10:53,480 campaign that she ever launched it was 297 00:10:51,040 --> 00:10:55,800 literally named quote I have no idea 298 00:10:53,480 --> 00:10:58,240 what I'm doing normally I name the 299 00:10:55,800 --> 00:10:59,959 campaigns like cold purchase optimize 300 00:10:58,240 --> 00:11:01,639 she showed me her ad account and it was 301 00:10:59,959 --> 00:11:03,680 like a full sentence I have no idea 302 00:11:01,639 --> 00:11:06,320 what's going on so she went from that 303 00:11:03,680 --> 00:11:09,200 point to during Co being a nurse like 304 00:11:06,320 --> 00:11:11,440 working her ass off obviously and just 305 00:11:09,200 --> 00:11:12,920 stayed very consistent with it and 306 00:11:11,440 --> 00:11:14,519 through all the ups and downs that we're 307 00:11:12,920 --> 00:11:16,680 going to talk about a lot throughout 308 00:11:14,519 --> 00:11:18,160 this course all the challenges that come 309 00:11:16,680 --> 00:11:19,920 with not just running a business but 310 00:11:18,160 --> 00:11:21,880 like being an entrepreneur in general 311 00:11:19,920 --> 00:11:24,600 and like the mental ups and downs you 312 00:11:21,880 --> 00:11:27,240 have that everybody faces Meg's like 313 00:11:24,600 --> 00:11:30,399 face that while balancing being a nurse 314 00:11:27,240 --> 00:11:32,399 and she stuck with it for what could it 315 00:11:30,399 --> 00:11:35,079 was like four been five years yeah four 316 00:11:32,399 --> 00:11:37,800 or five years so nurse she's an amazing 317 00:11:35,079 --> 00:11:40,079 Testament like you can 100% have a 318 00:11:37,800 --> 00:11:43,000 career path that you'll always saw as 319 00:11:40,079 --> 00:11:45,920 your like you know your long-term 320 00:11:43,000 --> 00:11:48,320 solution or your long-term career and if 321 00:11:45,920 --> 00:11:51,040 you're like open to new and challenging 322 00:11:48,320 --> 00:11:53,440 things and you can be like Dynamic and 323 00:11:51,040 --> 00:11:56,040 just stick with it she's a perfect 324 00:11:53,440 --> 00:11:58,279 example of how like you can go anywhere 325 00:11:56,040 --> 00:12:00,320 you just set your mind to it basically 326 00:11:58,279 --> 00:12:02,880 so so why can we talk about this 327 00:12:00,320 --> 00:12:04,240 basically because we've done it and we 328 00:12:02,880 --> 00:12:05,600 are only going to talk about things in 329 00:12:04,240 --> 00:12:07,480 this course that have worked from our 330 00:12:05,600 --> 00:12:10,160 own personal experience for running 331 00:12:07,480 --> 00:12:11,760 multiple seven figure e-commerce Brands 332 00:12:10,160 --> 00:12:13,800 and we have a combined 10 years of 333 00:12:11,760 --> 00:12:17,920 experience currently we work about 4 to 334 00:12:13,800 --> 00:12:19,720 8 hours a weekish on the brands each but 335 00:12:17,920 --> 00:12:21,600 that completely varies we'll talk about 336 00:12:19,720 --> 00:12:24,600 that later and we consistently make six 337 00:12:21,600 --> 00:12:26,519 figures profit from our stores and we've 338 00:12:24,600 --> 00:12:28,920 also more importantly we've helped quote 339 00:12:26,519 --> 00:12:31,440 unquote normal people or think we're 340 00:12:28,920 --> 00:12:33,560 normal people build seven fig stores so 341 00:12:31,440 --> 00:12:35,839 it's not just from our case studies or 342 00:12:33,560 --> 00:12:37,680 examples it's from friends and family 343 00:12:35,839 --> 00:12:40,279 and people that follow us that we've 344 00:12:37,680 --> 00:12:43,079 helped them go from zero I have no idea 345 00:12:40,279 --> 00:12:44,760 what I'm doing to seven figures in sales 346 00:12:43,079 --> 00:12:46,480 and we're not trying to teach anything 347 00:12:44,760 --> 00:12:49,519 outside of just what's worked from our 348 00:12:46,480 --> 00:12:52,360 own personal experience and it's from 349 00:12:49,519 --> 00:12:54,680 running like in my case eight different 350 00:12:52,360 --> 00:12:57,680 brands grow growing them from zero to 351 00:12:54,680 --> 00:12:59,440 seven figures all different niches lots 352 00:12:57,680 --> 00:13:01,000 of different products we're just sharing 353 00:12:59,440 --> 00:13:03,120 from our own personal experience we're 354 00:13:01,000 --> 00:13:05,399 not branching outside of that you'll 355 00:13:03,120 --> 00:13:07,160 never hear us like a brainstorm about 356 00:13:05,399 --> 00:13:09,560 what could work it's always just from 357 00:13:07,160 --> 00:13:11,120 our own experience so you can take it as 358 00:13:09,560 --> 00:13:14,160 this has definitely worked for somebody 359 00:13:11,120 --> 00:13:16,639 and it is what it is why we wanted to 360 00:13:14,160 --> 00:13:19,600 make this course we one find it really 361 00:13:16,639 --> 00:13:21,639 fulfilling we've noticed between both of 362 00:13:19,600 --> 00:13:23,760 our YouTube channels that there's a lot 363 00:13:21,639 --> 00:13:26,680 of questions out there when it comes to 364 00:13:23,760 --> 00:13:29,199 e-commerce print on demand and people 365 00:13:26,680 --> 00:13:33,040 just I guess more videos out there that 366 00:13:29,199 --> 00:13:35,920 that just skim the surface they don't go 367 00:13:33,040 --> 00:13:38,360 deep into how to do things within the 368 00:13:35,920 --> 00:13:41,199 business and we saw this as an area that 369 00:13:38,360 --> 00:13:43,839 we can completely help and change people 370 00:13:41,199 --> 00:13:46,519 we can do the Deep dive we can show you 371 00:13:43,839 --> 00:13:49,440 exactly how to do every single step of 372 00:13:46,519 --> 00:13:52,320 getting a store from nothing to 373 00:13:49,440 --> 00:13:54,199 launching and even scaling beyond that 374 00:13:52,320 --> 00:13:56,160 and it's fun for us to work together it 375 00:13:54,199 --> 00:13:58,040 is fun for us to work together and we 376 00:13:56,160 --> 00:14:00,279 like being able to help people that we 377 00:13:58,040 --> 00:14:02,639 care about achieve freedom from the 9 378 00:14:00,279 --> 00:14:05,360 to-5 Lifestyle and like Meg said there's 379 00:14:02,639 --> 00:14:07,639 a lack of good information out there or 380 00:14:05,360 --> 00:14:09,320 if it is quote unquote good it's very 381 00:14:07,639 --> 00:14:11,440 surface level we want to get down into 382 00:14:09,320 --> 00:14:13,720 the weed show the good the bad the ugly 383 00:14:11,440 --> 00:14:15,120 and really act like if somebody was 384 00:14:13,720 --> 00:14:16,680 sitting next to us somebody that we 385 00:14:15,120 --> 00:14:18,040 cared about if they were sitting next to 386 00:14:16,680 --> 00:14:19,600 us and we were going to show them step 387 00:14:18,040 --> 00:14:22,320 by step everything that they needed to 388 00:14:19,600 --> 00:14:24,079 know to build their own brand like what 389 00:14:22,320 --> 00:14:26,040 would that look like and then obviously 390 00:14:24,079 --> 00:14:29,240 in full transparency it's completely 391 00:14:26,040 --> 00:14:30,480 free wherever you're watching it and so 392 00:14:29,240 --> 00:14:32,399 the only way that we're making money off 393 00:14:30,480 --> 00:14:34,480 of this is from like the partnership 394 00:14:32,399 --> 00:14:37,279 links that are placed throughout this 395 00:14:34,480 --> 00:14:38,920 course we appreciate it if you use it if 396 00:14:37,279 --> 00:14:40,560 for whatever reason you say screw Chris 397 00:14:38,920 --> 00:14:42,920 and Meg you can obviously always just go 398 00:14:40,560 --> 00:14:45,160 Google and find the sites but we 399 00:14:42,920 --> 00:14:46,720 appreciate you guys using it yeah you 400 00:14:45,160 --> 00:14:48,120 absolutely don't need to click the links 401 00:14:46,720 --> 00:14:50,600 if you don't feel comfortable with doing 402 00:14:48,120 --> 00:14:53,079 it again it doesn't cost you more by 403 00:14:50,600 --> 00:14:56,079 clicking on any of those links it just 404 00:14:53,079 --> 00:14:58,440 gives us a little Kickback for basically 405 00:14:56,079 --> 00:15:00,680 like referring somebody to the brands 406 00:14:58,440 --> 00:15:03,440 that we know trust and use yeah and it 407 00:15:00,680 --> 00:15:05,880 allows us to keep making like really 408 00:15:03,440 --> 00:15:07,240 in-depth free content like this yeah and 409 00:15:05,880 --> 00:15:08,959 another reason that we're making this 410 00:15:07,240 --> 00:15:11,480 course this was I used to play Ice 411 00:15:08,959 --> 00:15:13,160 Hockey so this metaphor hits home for me 412 00:15:11,480 --> 00:15:14,320 but the reason we're doing is that a lot 413 00:15:13,160 --> 00:15:16,519 of the content out there if you ever 414 00:15:14,320 --> 00:15:19,160 seen the movie Miracle it's an ice 415 00:15:16,519 --> 00:15:21,240 hockey movie about the USA uh gold medal 416 00:15:19,160 --> 00:15:23,480 team that when they were making the 417 00:15:21,240 --> 00:15:25,600 movie The Producers had two options when 418 00:15:23,480 --> 00:15:28,480 they were trying to find people to to 419 00:15:25,600 --> 00:15:30,560 play the roles they could either a hire 420 00:15:28,480 --> 00:15:32,920 actors and teach them how to play hockey 421 00:15:30,560 --> 00:15:35,199 or B they could find hockey players and 422 00:15:32,920 --> 00:15:36,959 teach them how to be actors and 423 00:15:35,199 --> 00:15:38,839 ultimately they ended up going with the 424 00:15:36,959 --> 00:15:41,639 ladder they ended up hiring hockey 425 00:15:38,839 --> 00:15:42,920 players because they knew like the 426 00:15:41,639 --> 00:15:45,319 majority of the scenes they were trying 427 00:15:42,920 --> 00:15:47,720 to shoot were on the rank and they found 428 00:15:45,319 --> 00:15:50,000 that it was easier to teach them to act 429 00:15:47,720 --> 00:15:52,160 than it was to take actors who had never 430 00:15:50,000 --> 00:15:53,720 actually done it and put them on skates 431 00:15:52,160 --> 00:15:56,399 for the first time I think they actually 432 00:15:53,720 --> 00:15:58,440 tried that and it was like a laughable 433 00:15:56,399 --> 00:15:59,720 experience and the reason I want to 434 00:15:58,440 --> 00:16:01,959 bring it to people's awareness that a 435 00:15:59,720 --> 00:16:03,759 lot of the content out there on starting 436 00:16:01,959 --> 00:16:06,920 e-commerce businesses or just businesses 437 00:16:03,759 --> 00:16:10,040 in general it's done by actors who are 438 00:16:06,920 --> 00:16:12,000 pretending to be hockey players what 439 00:16:10,040 --> 00:16:13,800 which is like somebody who gets really 440 00:16:12,000 --> 00:16:15,399 good at YouTube or making content and 441 00:16:13,800 --> 00:16:17,199 like they know the right retention hack 442 00:16:15,399 --> 00:16:18,480 stuff and they know how to make a video 443 00:16:17,199 --> 00:16:21,120 go viral and they know how to make the 444 00:16:18,480 --> 00:16:23,000 right thumbnails and then they get they 445 00:16:21,120 --> 00:16:26,880 like learn enough about how to play 446 00:16:23,000 --> 00:16:28,279 hockey how to do e-commerce and that's 447 00:16:26,880 --> 00:16:29,240 how they're like they're passing and 448 00:16:28,279 --> 00:16:31,199 those are the people that that goes 449 00:16:29,240 --> 00:16:32,880 Super viral because they're actors they 450 00:16:31,199 --> 00:16:35,560 know how to do the content production 451 00:16:32,880 --> 00:16:37,680 side and we wanted to be basically the 452 00:16:35,560 --> 00:16:39,440 hockey players who have actually been 453 00:16:37,680 --> 00:16:41,720 there done that we have seasons under 454 00:16:39,440 --> 00:16:44,160 our belt we know the game of hockey in 455 00:16:41,720 --> 00:16:45,880 depth like the In-N-Outs and if you 456 00:16:44,160 --> 00:16:47,759 think about it like if you wanted to 457 00:16:45,880 --> 00:16:50,240 learn how to play hockey would you go to 458 00:16:47,759 --> 00:16:52,360 an actor that was hired to play a hockey 459 00:16:50,240 --> 00:16:54,079 player who might look good they might 460 00:16:52,360 --> 00:16:56,440 know how to say the right things but 461 00:16:54,079 --> 00:16:58,600 they don't act it's very surface level 462 00:16:56,440 --> 00:16:59,440 learn from an NHL player who's higher 463 00:16:58,600 --> 00:17:01,560 life 464 00:16:59,440 --> 00:17:03,199 like obviously the latter so I just 465 00:17:01,560 --> 00:17:05,439 wanted to point that out to people that 466 00:17:03,199 --> 00:17:07,559 they or help people understand cuz I 467 00:17:05,439 --> 00:17:09,160 definitely got duped by it a lot early 468 00:17:07,559 --> 00:17:10,679 on in my career when I was learning from 469 00:17:09,160 --> 00:17:13,880 people that know how to make really good 470 00:17:10,679 --> 00:17:15,280 videos but they don't actually know what 471 00:17:13,880 --> 00:17:17,760 they're talking about or practice what 472 00:17:15,280 --> 00:17:21,120 they preach or they have done it but 473 00:17:17,760 --> 00:17:23,120 haven't done it in years and we can 474 00:17:21,120 --> 00:17:26,480 attest to things have changed over the 475 00:17:23,120 --> 00:17:28,880 last four years especially since Co so a 476 00:17:26,480 --> 00:17:31,240 lot of things out there I feel are like 477 00:17:28,880 --> 00:17:33,720 20 20 2021 pretty much you could throw 478 00:17:31,240 --> 00:17:36,600 up any store and like they launched in 479 00:17:33,720 --> 00:17:38,799 2020 and since then a lot of people I 480 00:17:36,600 --> 00:17:40,840 feel have not had the same success that 481 00:17:38,799 --> 00:17:43,039 they had in 2020 and have chucked their 482 00:17:40,840 --> 00:17:45,919 hands up and just say it's not the same 483 00:17:43,039 --> 00:17:48,559 or I did it in 2020 and now you can do 484 00:17:45,919 --> 00:17:50,919 the same thing in 2024 yeah the market 485 00:17:48,559 --> 00:17:52,760 has changed things have changed but one 486 00:17:50,919 --> 00:17:54,720 thing that hasn't changed is Chris and I 487 00:17:52,760 --> 00:17:57,000 have never stopped running a brand like 488 00:17:54,720 --> 00:17:58,840 we've always consistently had a store 489 00:17:57,000 --> 00:18:01,200 and the current store that we do run we 490 00:17:58,840 --> 00:18:04,520 we've had for 2 and a half almost 3 491 00:18:01,200 --> 00:18:06,679 years now so it's proven that the sales 492 00:18:04,520 --> 00:18:08,720 can continue to come in that stores can 493 00:18:06,679 --> 00:18:10,240 continue to do it just takes a different 494 00:18:08,720 --> 00:18:12,120 type of approach there's a lot of people 495 00:18:10,240 --> 00:18:14,280 out there that just aren't walking the 496 00:18:12,120 --> 00:18:16,000 walk or doing what they're teaching and 497 00:18:14,280 --> 00:18:17,559 so that's why our unique promise to you 498 00:18:16,000 --> 00:18:19,640 guys is that we have experience you can 499 00:18:17,559 --> 00:18:22,320 trust with over 10 years of running 500 00:18:19,640 --> 00:18:23,679 these Brands combined uh then complete 501 00:18:22,320 --> 00:18:25,760 transparency we're going to be 502 00:18:23,679 --> 00:18:28,360 completely open we're not going to ever 503 00:18:25,760 --> 00:18:30,640 oversell this for more than it is or or 504 00:18:28,360 --> 00:18:32,080 less than the effort that it'll take so 505 00:18:30,640 --> 00:18:33,640 we actually want people to get Real 506 00:18:32,080 --> 00:18:35,159 Results we don't want people to just 507 00:18:33,640 --> 00:18:37,360 take the first step and then give up as 508 00:18:35,159 --> 00:18:38,720 soon as it gets hard we want like real 509 00:18:37,360 --> 00:18:40,360 case studies and then we're going to 510 00:18:38,720 --> 00:18:42,400 guide you through each phase of this 511 00:18:40,360 --> 00:18:44,919 this process making sure you understand 512 00:18:42,400 --> 00:18:47,240 the how the why and where each step fits 513 00:18:44,919 --> 00:18:49,280 into the 10,000 foot view which is part 514 00:18:47,240 --> 00:18:50,799 of the re big reason why this is such a 515 00:18:49,280 --> 00:18:52,600 long course is that it's not just 516 00:18:50,799 --> 00:18:54,440 showing like which buttons to click it's 517 00:18:52,600 --> 00:18:56,200 showing like where this fits in 518 00:18:54,440 --> 00:18:57,600 conceptually making sure you understand 519 00:18:56,200 --> 00:18:59,360 it and that you're actually taking 520 00:18:57,600 --> 00:19:02,000 everything that we learned from 10 years 521 00:18:59,360 --> 00:19:04,760 combined and like learning that in as 522 00:19:02,000 --> 00:19:04,760 fast the time as 523 00:19:06,810 --> 00:19:09,950 [Music] 524 00:19:14,159 --> 00:19:18,760 possible so the first group of people 525 00:19:16,720 --> 00:19:21,480 that can get value out of this are the 526 00:19:18,760 --> 00:19:23,679 Caged employees AKA The People the boat 527 00:19:21,480 --> 00:19:26,080 that I was in and the point of this 528 00:19:23,679 --> 00:19:27,880 course is to show you a route like out 529 00:19:26,080 --> 00:19:30,640 of that current trajectory that you're 530 00:19:27,880 --> 00:19:32,520 on and and hopefully a path to Freedom 531 00:19:30,640 --> 00:19:34,240 the next are the kind preneurs the 532 00:19:32,520 --> 00:19:35,960 people who know that they want to be 533 00:19:34,240 --> 00:19:38,039 entrepreneurs but just haven't found 534 00:19:35,960 --> 00:19:40,360 like the right vehicle to commit 535 00:19:38,039 --> 00:19:42,080 themselves to and they have they suffer 536 00:19:40,360 --> 00:19:43,600 from shiny object syndrome where they 537 00:19:42,080 --> 00:19:45,280 start things but then don't really 538 00:19:43,600 --> 00:19:47,320 finish it through the point of this 539 00:19:45,280 --> 00:19:49,840 course is to show you what that vehicle 540 00:19:47,320 --> 00:19:51,440 can be for you that we're proof that it 541 00:19:49,840 --> 00:19:53,320 works and it's just a matter of sticking 542 00:19:51,440 --> 00:19:55,000 to it and applying what we teach here 543 00:19:53,320 --> 00:19:57,480 and then the next are the struggling 544 00:19:55,000 --> 00:20:00,000 e-commerce sellers so the people who are 545 00:19:57,480 --> 00:20:02,520 already selling already have an online 546 00:20:00,000 --> 00:20:05,760 brand but are just struggling to take 547 00:20:02,520 --> 00:20:09,280 sales get profitable or just establish 548 00:20:05,760 --> 00:20:11,200 any kind of solid brand foundation and 549 00:20:09,280 --> 00:20:14,000 really scaling to a point that they're 550 00:20:11,200 --> 00:20:17,000 able to do it as a full-time source of 551 00:20:14,000 --> 00:20:19,480 income and then the last group is the 552 00:20:17,000 --> 00:20:21,720 aware students so these are upand 553 00:20:19,480 --> 00:20:23,520 cominging students who are objectively 554 00:20:21,720 --> 00:20:26,799 aware of the fact that the modern 555 00:20:23,520 --> 00:20:29,880 education system is extremely dated and 556 00:20:26,799 --> 00:20:31,960 won't really provide them the kind of 557 00:20:29,880 --> 00:20:34,400 information or future that they really 558 00:20:31,960 --> 00:20:36,039 want to be prepared for not to say we 559 00:20:34,400 --> 00:20:37,159 both went to college so we're not saying 560 00:20:36,039 --> 00:20:39,240 definitely don't go to college or 561 00:20:37,159 --> 00:20:40,760 anything like that but there's 562 00:20:39,240 --> 00:20:42,320 definitely a group of students that are 563 00:20:40,760 --> 00:20:44,679 aware that there's better options out 564 00:20:42,320 --> 00:20:47,240 there and by going through this course 565 00:20:44,679 --> 00:20:49,480 zero cost to you zero like investment or 566 00:20:47,240 --> 00:20:51,919 risk of any kind it's why we're making 567 00:20:49,480 --> 00:20:54,159 it free so there's nothing but upside in 568 00:20:51,919 --> 00:20:56,440 becoming aware of what the other options 569 00:20:54,159 --> 00:21:00,960 are out there some rules for this course 570 00:20:56,440 --> 00:21:03,880 is this is not a get rich quick type of 571 00:21:00,960 --> 00:21:05,840 scheme it's not do nothing but click a 572 00:21:03,880 --> 00:21:08,559 button and make money you do have to put 573 00:21:05,840 --> 00:21:11,600 time and effort and you actually have to 574 00:21:08,559 --> 00:21:12,799 follow the things that are being taught 575 00:21:11,600 --> 00:21:15,360 it's not just going to happen 576 00:21:12,799 --> 00:21:18,080 automatically on its own and this is not 577 00:21:15,360 --> 00:21:19,559 for people who are only out there for 578 00:21:18,080 --> 00:21:21,799 themselves and want to make profit 579 00:21:19,559 --> 00:21:25,080 without helping others or providing any 580 00:21:21,799 --> 00:21:27,919 value yeah and next our results are not 581 00:21:25,080 --> 00:21:30,919 the typical or the norm like if you take 582 00:21:27,919 --> 00:21:33,600 a sample size of 100 people that say 583 00:21:30,919 --> 00:21:36,320 they started a Shopify brand like the 584 00:21:33,600 --> 00:21:38,640 vast majority of them end up failing now 585 00:21:36,320 --> 00:21:41,360 the point of this course is to help 586 00:21:38,640 --> 00:21:43,799 mitigate that as much as possible but in 587 00:21:41,360 --> 00:21:45,400 my anecdotal opinion I think the big 588 00:21:43,799 --> 00:21:47,400 reason that the majority of people end 589 00:21:45,400 --> 00:21:49,600 up failing is that as soon as the going 590 00:21:47,400 --> 00:21:52,080 gets tough they quit and that's the 591 00:21:49,600 --> 00:21:54,400 point of this slide is that this will be 592 00:21:52,080 --> 00:21:56,840 tough this course by no means is going 593 00:21:54,400 --> 00:21:58,320 to make this just a walk in the park and 594 00:21:56,840 --> 00:21:59,640 it's going to be something that you're 595 00:21:58,320 --> 00:22:01,559 going going to have days where it's 596 00:21:59,640 --> 00:22:05,960 extremely challenging and you're going 597 00:22:01,559 --> 00:22:08,000 to have hurdles to overcome and by even 598 00:22:05,960 --> 00:22:10,840 despite the length and depth of this 599 00:22:08,000 --> 00:22:12,960 course despite our best efforts to brain 600 00:22:10,840 --> 00:22:14,360 dump everything we know there's still a 601 00:22:12,960 --> 00:22:16,279 lot in here that is missing so they're 602 00:22:14,360 --> 00:22:17,559 going to be times that it's extremely 603 00:22:16,279 --> 00:22:18,600 challenging you don't know what to do 604 00:22:17,559 --> 00:22:20,600 and you'll have to think on your feet 605 00:22:18,600 --> 00:22:24,240 and figure it out for yourself so this 606 00:22:20,600 --> 00:22:26,240 is not just follow module 1 2 3 4 5 and 607 00:22:24,240 --> 00:22:28,200 make a ton of money it's not like that 608 00:22:26,240 --> 00:22:30,320 anybody and honestly anybody who ever 609 00:22:28,200 --> 00:22:32,640 tells tells you that their course or 610 00:22:30,320 --> 00:22:34,600 whatever is like that is just lying to 611 00:22:32,640 --> 00:22:36,200 you be willing to bet you paid a lot of 612 00:22:34,600 --> 00:22:38,720 money to get into that course cuz that's 613 00:22:36,200 --> 00:22:40,600 all that course creator is really 614 00:22:38,720 --> 00:22:43,799 selling yeah is optimizing trying to 615 00:22:40,600 --> 00:22:47,520 selling the results but on the same 616 00:22:43,799 --> 00:22:51,080 point Chris and I have also had stores 617 00:22:47,520 --> 00:22:53,279 that have failed failed in we look at it 618 00:22:51,080 --> 00:22:56,159 as like it may have failed like 619 00:22:53,279 --> 00:22:59,039 monetarily but it never failed to teach 620 00:22:56,159 --> 00:23:01,039 us something else to put into the next 621 00:22:59,039 --> 00:23:03,559 Niche that we were trying or the next 622 00:23:01,039 --> 00:23:05,840 brand that we were going to launch so 623 00:23:03,559 --> 00:23:08,400 even though it may not monetarily work 624 00:23:05,840 --> 00:23:10,600 out you learn so much from that one 625 00:23:08,400 --> 00:23:12,320 store that you can then put into your 626 00:23:10,600 --> 00:23:14,240 next store or your next brand just 627 00:23:12,320 --> 00:23:16,000 because one didn't work doesn't mean 628 00:23:14,240 --> 00:23:19,159 that the next 629 00:23:16,000 --> 00:23:21,679 won't so a warning is that we don't 630 00:23:19,159 --> 00:23:23,039 recommend anybody again picturing you as 631 00:23:21,679 --> 00:23:24,760 a friend or family member somebody that 632 00:23:23,039 --> 00:23:28,039 we care about sitting next to us we 633 00:23:24,760 --> 00:23:30,039 would not advise that person to jump 634 00:23:28,039 --> 00:23:33,480 into this if they're living paycheck to 635 00:23:30,039 --> 00:23:36,679 paycheck instead I would say get a job 636 00:23:33,480 --> 00:23:39,559 get consistent income and then set aside 637 00:23:36,679 --> 00:23:41,120 10 to 15% of your income as your quote 638 00:23:39,559 --> 00:23:44,080 unquote business 639 00:23:41,120 --> 00:23:47,200 fund and then watch this training in 640 00:23:44,080 --> 00:23:49,080 your 2 to 3 hours after work each night 641 00:23:47,200 --> 00:23:51,440 we've heard similar stuff to this but 642 00:23:49,080 --> 00:23:53,679 like I have 30 days until I'm completely 643 00:23:51,440 --> 00:23:55,720 out of money I need these ads to work 644 00:23:53,679 --> 00:23:58,640 now that's just if you are in that kind 645 00:23:55,720 --> 00:24:01,559 of position please do not go in into 646 00:23:58,640 --> 00:24:03,320 this course like you sure learn the 647 00:24:01,559 --> 00:24:05,960 course watch it it's free obviously but 648 00:24:03,320 --> 00:24:08,679 don't count on this business to claw you 649 00:24:05,960 --> 00:24:10,520 out of your out of debt because there's 650 00:24:08,679 --> 00:24:12,559 such a steep learning curve with this 651 00:24:10,520 --> 00:24:14,120 business and with any type of business 652 00:24:12,559 --> 00:24:16,400 at the very least you have Financial 653 00:24:14,120 --> 00:24:18,080 stability and then you're looking for 654 00:24:16,400 --> 00:24:19,640 ways to Branch out like you need to have 655 00:24:18,080 --> 00:24:22,200 a baseline where you're not worried 656 00:24:19,640 --> 00:24:24,919 about putting food on the table and like 657 00:24:22,200 --> 00:24:26,840 you need your ads to optimize in order 658 00:24:24,919 --> 00:24:29,120 to eat your next meal like that's just 659 00:24:26,840 --> 00:24:31,200 not a good spot to be in 660 00:24:29,120 --> 00:24:34,080 and it can be done with just doing a few 661 00:24:31,200 --> 00:24:36,720 hours after work like when I launched my 662 00:24:34,080 --> 00:24:38,799 first store I was still working fulltime 663 00:24:36,720 --> 00:24:40,720 as a nurse I was doing night shift 664 00:24:38,799 --> 00:24:43,399 coming home answering customer service 665 00:24:40,720 --> 00:24:45,640 emails waking up answering some more 666 00:24:43,399 --> 00:24:48,120 customer service emails on my day off I 667 00:24:45,640 --> 00:24:50,279 was putting up new designs so it can be 668 00:24:48,120 --> 00:24:52,799 done it doesn't have to be I quit my 9 669 00:24:50,279 --> 00:24:55,520 to-5 job you absolutely can do this 670 00:24:52,799 --> 00:24:58,120 part-time learn the strategies and 671 00:24:55,520 --> 00:25:00,480 eventually like break free from that 9o5 672 00:24:58,120 --> 00:25:02,840 job and building off of that so how much 673 00:25:00,480 --> 00:25:05,919 time can you expect for this to take in 674 00:25:02,840 --> 00:25:08,200 the beginning so I would say as a a 675 00:25:05,919 --> 00:25:10,960 baseline like bare minimum I would 676 00:25:08,200 --> 00:25:12,200 invest 10 to 12 hours per week and our 677 00:25:10,960 --> 00:25:14,840 goal is getting to the point where you 678 00:25:12,200 --> 00:25:17,279 can put in four to 6 hours per week just 679 00:25:14,840 --> 00:25:19,120 to to maintain your current sales that's 680 00:25:17,279 --> 00:25:21,159 pretty much what Meg and I do with our 681 00:25:19,120 --> 00:25:24,159 other brands so the way that I would 682 00:25:21,159 --> 00:25:27,240 roughly think about allocating this time 683 00:25:24,159 --> 00:25:29,120 is about 4 to 6 hours as a beginner 684 00:25:27,240 --> 00:25:32,200 should be dedicated to learning learning 685 00:25:29,120 --> 00:25:35,320 then your product is about 2 to 4 hours 686 00:25:32,200 --> 00:25:38,080 your marketing 1 to 2 hours Shopify 687 00:25:35,320 --> 00:25:40,399 around an hour or two and then email 688 00:25:38,080 --> 00:25:42,600 another 1 to two hours and these are 689 00:25:40,399 --> 00:25:45,120 very rough estimates but just to give 690 00:25:42,600 --> 00:25:46,720 like a high level framework so you know 691 00:25:45,120 --> 00:25:48,880 like how to think about like where you 692 00:25:46,720 --> 00:25:50,360 should be allocating your time and again 693 00:25:48,880 --> 00:25:53,720 this is bare minimum when I was living 694 00:25:50,360 --> 00:25:56,600 in the house I was doing like 40 to 60 695 00:25:53,720 --> 00:25:58,600 hour weeks doing nothing but e-commerce 696 00:25:56,600 --> 00:26:00,760 now I was not like heads down like the 697 00:25:58,600 --> 00:26:03,039 most disciplined person by any means 698 00:26:00,760 --> 00:26:05,039 yeah me's laughing but like we were 699 00:26:03,039 --> 00:26:06,840 constantly talking about business and 700 00:26:05,039 --> 00:26:08,760 coming up with new strategies and split 701 00:26:06,840 --> 00:26:11,360 tests and like brainstorming and like we 702 00:26:08,760 --> 00:26:13,000 were just living in that world like 703 00:26:11,360 --> 00:26:14,919 quite literally to the point that like 704 00:26:13,000 --> 00:26:16,440 we were learning at such an accelerated 705 00:26:14,919 --> 00:26:18,440 rate and as a beginner that's the 706 00:26:16,440 --> 00:26:20,880 biggest thing you're trying to get over 707 00:26:18,440 --> 00:26:23,039 use the Hermos term is to pay down your 708 00:26:20,880 --> 00:26:24,880 ignorance debt which that's what you 709 00:26:23,039 --> 00:26:27,000 have in the beginning Meg and I are now 710 00:26:24,880 --> 00:26:29,440 in a point where we can spend 4 to 6 711 00:26:27,000 --> 00:26:32,200 hours a week on a store that'll make 20 712 00:26:29,440 --> 00:26:34,880 to 30 grand profit like very 713 00:26:32,200 --> 00:26:36,399 consistently per month but the only 714 00:26:34,880 --> 00:26:38,679 reason we're able to do that is because 715 00:26:36,399 --> 00:26:40,840 we spent so much time learning it we can 716 00:26:38,679 --> 00:26:42,600 look at the business and like just like 717 00:26:40,840 --> 00:26:44,399 getting good at anything there's a 718 00:26:42,600 --> 00:26:46,279 Tipping Point where you've achieved 719 00:26:44,399 --> 00:26:47,600 Mastery and in the beginning you're 720 00:26:46,279 --> 00:26:49,760 trying to get to that as quickly as 721 00:26:47,600 --> 00:26:53,000 possible so how much money do you need 722 00:26:49,760 --> 00:26:56,399 in order to start an e-commerce brand 723 00:26:53,000 --> 00:26:58,840 probably $11,000 starting off will get 724 00:26:56,399 --> 00:27:02,120 you where you need to be for example 725 00:26:58,840 --> 00:27:04,679 Shopify runs a special where you can pay 726 00:27:02,120 --> 00:27:06,960 a dollar for a trial for the first three 727 00:27:04,679 --> 00:27:09,080 months so as you're learning playing 728 00:27:06,960 --> 00:27:11,840 around with Shopify it's only costing 729 00:27:09,080 --> 00:27:14,760 you $1 I think everybody could afford 730 00:27:11,840 --> 00:27:17,520 that um the next would be mid Journey or 731 00:27:14,760 --> 00:27:20,320 idiogram other AI tools that you can use 732 00:27:17,520 --> 00:27:22,440 to create your own designs rather than 733 00:27:20,320 --> 00:27:25,600 having to hire a designer that's around 734 00:27:22,440 --> 00:27:27,440 $30 per month and honestly the biggest 735 00:27:25,600 --> 00:27:30,880 chunk is going to go towards your 736 00:27:27,440 --> 00:27:33,760 Facebook testing budget roughly $500 to 737 00:27:30,880 --> 00:27:35,720 $1,000 total the more money that you put 738 00:27:33,760 --> 00:27:37,880 into the ads the more results that 739 00:27:35,720 --> 00:27:40,480 you're going to get to give you concrete 740 00:27:37,880 --> 00:27:43,120 answers of which ads are going to 741 00:27:40,480 --> 00:27:45,640 perform better than the others yeah it 742 00:27:43,120 --> 00:27:47,080 just accelerates the testing phase and 743 00:27:45,640 --> 00:27:48,480 obvious this is one of the questions we 744 00:27:47,080 --> 00:27:50,200 get by far the most how much budget do 745 00:27:48,480 --> 00:27:51,679 you need for your ads it's by far the 746 00:27:50,200 --> 00:27:53,559 biggest expense in starting this 747 00:27:51,679 --> 00:27:56,000 business but we're going to talk about 748 00:27:53,559 --> 00:27:58,600 this a lot in the course how it's just 749 00:27:56,000 --> 00:28:00,120 one source of traffic and we use 750 00:27:58,600 --> 00:28:02,159 Facebook ads because that's what we know 751 00:28:00,120 --> 00:28:04,760 it's extremely effective I've been doing 752 00:28:02,159 --> 00:28:06,519 it for years and it still works well and 753 00:28:04,760 --> 00:28:07,919 can for other people especially as ads 754 00:28:06,519 --> 00:28:09,760 have gotten better but there's other 755 00:28:07,919 --> 00:28:12,159 options out there for example Tik Tok is 756 00:28:09,760 --> 00:28:13,880 huge now we honestly haven't done a ton 757 00:28:12,159 --> 00:28:15,360 of like Tik Tok organic content but we 758 00:28:13,880 --> 00:28:17,600 know that people are crushing it with 759 00:28:15,360 --> 00:28:19,159 that like they will order their product 760 00:28:17,600 --> 00:28:20,919 they look at what types of videos are 761 00:28:19,159 --> 00:28:23,039 doing they take their own video and post 762 00:28:20,919 --> 00:28:25,080 it now they might have to post like a 763 00:28:23,039 --> 00:28:27,640 100 videos before one they get good at 764 00:28:25,080 --> 00:28:29,080 it but two they have one that goes semi 765 00:28:27,640 --> 00:28:32,080 viral and then they might get a couple 766 00:28:29,080 --> 00:28:35,080 of sales reason we like going that the 767 00:28:32,080 --> 00:28:36,840 paid ads budg way is because you can 768 00:28:35,080 --> 00:28:38,600 test with a low budget and then quickly 769 00:28:36,840 --> 00:28:40,519 scale and you don't have to be sitting 770 00:28:38,600 --> 00:28:42,120 there with your phone like shooting Tik 771 00:28:40,519 --> 00:28:44,799 toks and stuff I just you don't really 772 00:28:42,120 --> 00:28:47,279 have to be too creative either from what 773 00:28:44,799 --> 00:28:49,039 we've learned yeah like you just have to 774 00:28:47,279 --> 00:28:51,880 have a really solid mockup like we don't 775 00:28:49,039 --> 00:28:53,799 do anything crazy in our ads but all 776 00:28:51,880 --> 00:28:57,000 that to say there's other options out 777 00:28:53,799 --> 00:28:59,320 there to besides throwing 1,000 bucks at 778 00:28:57,000 --> 00:29:01,200 ads so when people ask how much money do 779 00:28:59,320 --> 00:29:03,240 I need to get started they think about 780 00:29:01,200 --> 00:29:05,919 the ads in the marketing the wrong way 781 00:29:03,240 --> 00:29:07,600 it's not just you're putting money into 782 00:29:05,919 --> 00:29:11,399 the ads and you're just lighting it on 783 00:29:07,600 --> 00:29:15,600 fire the goal is like money plus really 784 00:29:11,399 --> 00:29:17,440 good products plus time plus like effort 785 00:29:15,600 --> 00:29:20,039 and hard work like you learning how it 786 00:29:17,440 --> 00:29:23,600 all works literally turns it into a 787 00:29:20,039 --> 00:29:26,000 money printing machine but it takes the 788 00:29:23,600 --> 00:29:28,279 extra two pieces in there it takes the 789 00:29:26,000 --> 00:29:31,080 time and it takes the effort on the part 790 00:29:28,279 --> 00:29:33,120 of the person who's running the ads it's 791 00:29:31,080 --> 00:29:36,120 not just follow the course and then 792 00:29:33,120 --> 00:29:38,559 printing money it takes those extra two 793 00:29:36,120 --> 00:29:39,880 variables that a lot of people skip over 794 00:29:38,559 --> 00:29:42,760 and we're building a machine that can 795 00:29:39,880 --> 00:29:44,559 turn $1 into three really imagine that 796 00:29:42,760 --> 00:29:46,159 if you had a machine that every time you 797 00:29:44,559 --> 00:29:49,000 take a dollar out of your wallet and put 798 00:29:46,159 --> 00:29:52,519 it in you get $3 out the other side 799 00:29:49,000 --> 00:29:54,679 would you ever ask somebody what budget 800 00:29:52,519 --> 00:29:56,480 should I put into the machine no you'd 801 00:29:54,679 --> 00:29:59,000 be like going to your bank like pulling 802 00:29:56,480 --> 00:30:01,039 out every dollar possible and figuring 803 00:29:59,000 --> 00:30:03,000 out the other question much more fun 804 00:30:01,039 --> 00:30:05,159 question which is how much money can I 805 00:30:03,000 --> 00:30:07,120 put into it and that's the point that we 806 00:30:05,159 --> 00:30:09,240 work towards getting so what you need to 807 00:30:07,120 --> 00:30:11,799 get started is honestly not a whole lot 808 00:30:09,240 --> 00:30:13,799 you need a laptop internet connection an 809 00:30:11,799 --> 00:30:16,240 LLC which is optional we'll talk about 810 00:30:13,799 --> 00:30:18,760 that later and you need a business bank 811 00:30:16,240 --> 00:30:20,480 account again that's optional but the 812 00:30:18,760 --> 00:30:22,240 biggest things are the dedication and 813 00:30:20,480 --> 00:30:25,279 the commitment to write out the tough 814 00:30:22,240 --> 00:30:27,960 days and you also need a Shopify and 815 00:30:25,279 --> 00:30:29,080 printify accounts so Shopify is our 816 00:30:27,960 --> 00:30:30,600 website builder where we're going to be 817 00:30:29,080 --> 00:30:33,120 doing everything we have a really 818 00:30:30,600 --> 00:30:35,600 in-depth tutorial for you where we walk 819 00:30:33,120 --> 00:30:38,600 through Click by click explaining all 820 00:30:35,600 --> 00:30:41,120 the strategies all the setup linking our 821 00:30:38,600 --> 00:30:43,080 products and the product fulfillment we 822 00:30:41,120 --> 00:30:45,159 use from printify which is our print on 823 00:30:43,080 --> 00:30:47,880 demand supplier we've worked with all of 824 00:30:45,159 --> 00:30:50,720 these print on demand suppliers gelato 825 00:30:47,880 --> 00:30:53,159 printful local print shops printify time 826 00:30:50,720 --> 00:30:56,519 again we come back to PRI because they 827 00:30:53,159 --> 00:30:59,279 are by far the best in our opinions and 828 00:30:56,519 --> 00:31:01,639 for Speed uh like delivery speed 829 00:30:59,279 --> 00:31:03,399 production quality cost it checks all 830 00:31:01,639 --> 00:31:05,159 the Box here's the affiliate link to 831 00:31:03,399 --> 00:31:07,159 sign up for printify and create your 832 00:31:05,159 --> 00:31:09,440 free account by using that link you get 833 00:31:07,159 --> 00:31:11,960 a free month of printify Premium which 834 00:31:09,440 --> 00:31:13,960 gets you like discount up to 20% off 835 00:31:11,960 --> 00:31:16,720 yeah off of your cost of goods cost of 836 00:31:13,960 --> 00:31:18,159 goods yeah and for anybody who's 837 00:31:16,720 --> 00:31:20,320 wondering how much money are you making 838 00:31:18,159 --> 00:31:23,399 off the affiliate program if we weren't 839 00:31:20,320 --> 00:31:24,880 genuine about using printify just look 840 00:31:23,399 --> 00:31:26,320 at this in order of like how much 841 00:31:24,880 --> 00:31:28,399 commission you make for referring 842 00:31:26,320 --> 00:31:30,799 customers gelato is number one printful 843 00:31:28,399 --> 00:31:32,639 number two printify is a distant third 844 00:31:30,799 --> 00:31:35,279 so we were just trying to make money off 845 00:31:32,639 --> 00:31:37,360 this we would be just promoting gelato 846 00:31:35,279 --> 00:31:39,639 but we're saying gelato stinks printful 847 00:31:37,360 --> 00:31:42,000 is way too expensive and printify is the 848 00:31:39,639 --> 00:31:44,600 best we we get by far the least from 849 00:31:42,000 --> 00:31:47,360 that and we don't want to ever try to 850 00:31:44,600 --> 00:31:51,320 sell people on things that we a don't 851 00:31:47,360 --> 00:31:54,200 use and B that we don't trust everything 852 00:31:51,320 --> 00:31:57,120 that you see in this course our apps 853 00:31:54,200 --> 00:31:59,240 that we use our suppliers that we use we 854 00:31:57,120 --> 00:32:00,279 are completely transparent about that 855 00:31:59,240 --> 00:32:02,120 all right and then as you're going 856 00:32:00,279 --> 00:32:04,000 through this course if you're watching 857 00:32:02,120 --> 00:32:06,080 on YouTube We highly recommend joining 858 00:32:04,000 --> 00:32:08,279 our free school group because we broken 859 00:32:06,080 --> 00:32:10,000 down each of the lesson modules into 860 00:32:08,279 --> 00:32:11,960 individual sections with all the 861 00:32:10,000 --> 00:32:13,519 resources mentioned in that video 862 00:32:11,960 --> 00:32:16,039 directly underneath it like all the 863 00:32:13,519 --> 00:32:17,840 transcripts all that nice kind of stuff 864 00:32:16,039 --> 00:32:20,120 um and you can track like your course 865 00:32:17,840 --> 00:32:21,919 completion along with there's an awesome 866 00:32:20,120 --> 00:32:23,760 community of people in there who are 867 00:32:21,919 --> 00:32:26,200 also doing the same exact thing so you 868 00:32:23,760 --> 00:32:27,880 can guys can bounce ideas off each other 869 00:32:26,200 --> 00:32:29,200 and it's a really good support network 870 00:32:27,880 --> 00:32:31,159 as you're getting started I wish I had 871 00:32:29,200 --> 00:32:33,559 this kind of group when I was starting 872 00:32:31,159 --> 00:32:36,000 out and then we're also introducing for 873 00:32:33,559 --> 00:32:38,720 more Hands-On one toone type of support 874 00:32:36,000 --> 00:32:40,799 we're introducing a paid Group which is 875 00:32:38,720 --> 00:32:43,000 called wcale University so what you get 876 00:32:40,799 --> 00:32:46,279 when you join we scale University is 877 00:32:43,000 --> 00:32:47,760 private one to1 access from Mega myself 878 00:32:46,279 --> 00:32:49,960 so if you post a question in there we're 879 00:32:47,760 --> 00:32:52,480 going to do our very best to get back to 880 00:32:49,960 --> 00:32:54,840 you as quickly as possible we also have 881 00:32:52,480 --> 00:32:57,559 weekly live Q&A coaching calls which 882 00:32:54,840 --> 00:32:59,120 this is where you can join the call post 883 00:32:57,559 --> 00:33:00,519 any any questions you have any of like 884 00:32:59,120 --> 00:33:02,519 your homework assignments if you're not 885 00:33:00,519 --> 00:33:05,559 sure about it ask it in there and you'll 886 00:33:02,519 --> 00:33:07,360 get live feedback from us along with 887 00:33:05,559 --> 00:33:09,120 hearing all the questions that everybody 888 00:33:07,360 --> 00:33:11,279 else who's on the coaching call is 889 00:33:09,120 --> 00:33:13,360 dealing with that and we'll do polls to 890 00:33:11,279 --> 00:33:15,600 see what areas people are struggling 891 00:33:13,360 --> 00:33:18,320 with most and then we can create like a 892 00:33:15,600 --> 00:33:20,399 good slideshow or pull up our business 893 00:33:18,320 --> 00:33:22,000 that we run and Coach people through 894 00:33:20,399 --> 00:33:25,159 troubleshooting challenges that they're 895 00:33:22,000 --> 00:33:26,960 currently having running their brand 896 00:33:25,159 --> 00:33:28,399 then there's a VIP community of 897 00:33:26,960 --> 00:33:29,760 passionate peers because everybody is 898 00:33:28,399 --> 00:33:31,840 paying to be in the group you know that 899 00:33:29,760 --> 00:33:33,399 everybody's extremely serious like I was 900 00:33:31,840 --> 00:33:36,080 in a group called entrepreneurs 901 00:33:33,399 --> 00:33:38,799 organization EO where was 8 Grand a year 902 00:33:36,080 --> 00:33:40,080 or so and part of the reason that it was 903 00:33:38,799 --> 00:33:41,720 so valuable was not even like the 904 00:33:40,080 --> 00:33:44,559 materials and like lessons like that 905 00:33:41,720 --> 00:33:46,360 stuff was good but the biggest value was 906 00:33:44,559 --> 00:33:48,760 from knowing that everybody who was a 907 00:33:46,360 --> 00:33:50,799 member of it was Allin that they were 908 00:33:48,760 --> 00:33:52,600 like fully vetted they were legit they 909 00:33:50,799 --> 00:33:54,360 were business owners and they were 910 00:33:52,600 --> 00:33:57,399 people that were willing to invest in 911 00:33:54,360 --> 00:33:59,159 their own success and that alone made it 912 00:33:57,399 --> 00:34:00,720 amazing knowing that you didn't have to 913 00:33:59,159 --> 00:34:02,600 like if you're meeting somebody new like 914 00:34:00,720 --> 00:34:04,960 vet like is this somebody that I can 915 00:34:02,600 --> 00:34:07,000 actually trust or learn anything from 916 00:34:04,960 --> 00:34:08,320 everybody there was a players and that's 917 00:34:07,000 --> 00:34:09,359 the same thing that we're building with 918 00:34:08,320 --> 00:34:11,399 we scale 919 00:34:09,359 --> 00:34:13,159 University next is we're going to be 920 00:34:11,399 --> 00:34:15,040 rolling out an accountability partner 921 00:34:13,159 --> 00:34:17,000 program so one of the biggest challenges 922 00:34:15,040 --> 00:34:19,200 when you're starting out is just staying 923 00:34:17,000 --> 00:34:21,399 consistent and one of the best ways that 924 00:34:19,200 --> 00:34:24,200 we found to stay consistent is having an 925 00:34:21,399 --> 00:34:26,079 accountability partner who holds you to 926 00:34:24,200 --> 00:34:27,560 what you say you're going to do and I 927 00:34:26,079 --> 00:34:29,079 feel like we all need that from time to 928 00:34:27,560 --> 00:34:31,599 time time there's always days where you 929 00:34:29,079 --> 00:34:33,399 don't feel like doing what you should be 930 00:34:31,599 --> 00:34:35,399 and getting partnered up with somebody 931 00:34:33,399 --> 00:34:37,599 who's at the same point as you and wants 932 00:34:35,399 --> 00:34:39,040 to go to the same place is extremely 933 00:34:37,599 --> 00:34:41,639 valuable so you guys can hold each other 934 00:34:39,040 --> 00:34:45,200 to it yep and also just get through 935 00:34:41,639 --> 00:34:47,000 those hard days like even now after 936 00:34:45,200 --> 00:34:48,720 Chris and I have had Brands we still 937 00:34:47,000 --> 00:34:51,320 have days that we're like wow this is 938 00:34:48,720 --> 00:34:54,079 really hard and it's a lot easier to get 939 00:34:51,320 --> 00:34:56,320 through those days when one person is 940 00:34:54,079 --> 00:34:58,040 maybe not having an easy day and the 941 00:34:56,320 --> 00:35:00,680 other person can lift you up and say you 942 00:34:58,040 --> 00:35:02,480 know what this is just a minor setback 943 00:35:00,680 --> 00:35:04,760 we're going to get through this let's 944 00:35:02,480 --> 00:35:06,599 problem solve whatever issue that we're 945 00:35:04,760 --> 00:35:08,440 facing and get through it and that's 946 00:35:06,599 --> 00:35:10,240 what the accountability Pro partner 947 00:35:08,440 --> 00:35:12,160 program I think is going to be amazing 948 00:35:10,240 --> 00:35:13,839 for it's just offering that support on 949 00:35:12,160 --> 00:35:15,880 those days 950 00:35:13,839 --> 00:35:18,520 where you don't know what to do you're 951 00:35:15,880 --> 00:35:21,520 having a hard time there is no blueprint 952 00:35:18,520 --> 00:35:22,960 for running a business so being able to 953 00:35:21,520 --> 00:35:24,240 talk to other people going through the 954 00:35:22,960 --> 00:35:27,720 exact same thing that you're going 955 00:35:24,240 --> 00:35:29,400 through I think is really helpful and 956 00:35:27,720 --> 00:35:31,119 next is the seven figure brand case 957 00:35:29,400 --> 00:35:33,320 study so throughout the course we're 958 00:35:31,119 --> 00:35:35,960 building a brand new brand completely 959 00:35:33,320 --> 00:35:38,520 from scratch and you're going to see it 960 00:35:35,960 --> 00:35:41,079 go from like absolutely nothing to 961 00:35:38,520 --> 00:35:43,960 Shopify store buildout marketing all the 962 00:35:41,079 --> 00:35:45,839 products Niche selection brand name Logo 963 00:35:43,960 --> 00:35:48,079 email marketing literally everything top 964 00:35:45,839 --> 00:35:49,880 to bottom customer service you name it 965 00:35:48,079 --> 00:35:51,160 and then in wcale University we're 966 00:35:49,880 --> 00:35:54,520 actually going to be launching and 967 00:35:51,160 --> 00:35:55,800 running that brand so a lot of courses 968 00:35:54,520 --> 00:35:57,319 would just show you how to build it and 969 00:35:55,800 --> 00:35:59,160 then that's it we think that's pretty 970 00:35:57,319 --> 00:36:00,720 use less you need to see that it's 971 00:35:59,160 --> 00:36:03,200 actually something that can be 972 00:36:00,720 --> 00:36:05,160 successful before you want to model it 973 00:36:03,200 --> 00:36:07,839 so that's why in we scale University 974 00:36:05,160 --> 00:36:09,640 every day for like the first 30 to 60 975 00:36:07,839 --> 00:36:12,040 days at least we're going to be 976 00:36:09,640 --> 00:36:13,800 recording a very candid video showing 977 00:36:12,040 --> 00:36:16,000 here are the ad results we had from 978 00:36:13,800 --> 00:36:17,560 yesterday here's what we're thinking 979 00:36:16,000 --> 00:36:19,839 about here's how we're going to optimize 980 00:36:17,560 --> 00:36:21,359 it and here's our p&l like literally 981 00:36:19,839 --> 00:36:23,720 showing everything so you can follow 982 00:36:21,359 --> 00:36:24,880 along and problem solv with the same 983 00:36:23,720 --> 00:36:27,079 things that you're dealing with in your 984 00:36:24,880 --> 00:36:30,359 business along with us and watch us go 985 00:36:27,079 --> 00:36:33,319 from zero to get the profitability to 986 00:36:30,359 --> 00:36:35,119 scaling to six figures and Beyond yeah 987 00:36:33,319 --> 00:36:36,800 we're going to show you that 10,000 ft 988 00:36:35,119 --> 00:36:39,640 view that Chris was talking about it's 989 00:36:36,800 --> 00:36:41,960 hard to imagine it at this point but 990 00:36:39,640 --> 00:36:44,359 we're going to basically be giving you 991 00:36:41,960 --> 00:36:46,359 that view and showing you this is why we 992 00:36:44,359 --> 00:36:49,560 set things up the way that we did 993 00:36:46,359 --> 00:36:51,400 because it can be run profitably you can 994 00:36:49,560 --> 00:36:54,040 scale um and we're just going to show 995 00:36:51,400 --> 00:36:55,560 you that day to just get a better 996 00:36:54,040 --> 00:36:59,040 understanding and 997 00:36:55,560 --> 00:37:00,760 help uh launch that growth and paying 998 00:36:59,040 --> 00:37:03,359 off that ignorance debt as fast as 999 00:37:00,760 --> 00:37:05,119 possible and last but not least we want 1000 00:37:03,359 --> 00:37:06,839 everybody who's in we skill University 1001 00:37:05,119 --> 00:37:08,839 to be fully committed and wants to be 1002 00:37:06,839 --> 00:37:11,200 there so if for any reason you're not 1003 00:37:08,839 --> 00:37:12,960 happy with you know being in there or 1004 00:37:11,200 --> 00:37:15,240 financial situations change and you 1005 00:37:12,960 --> 00:37:16,920 can't afford the the investment then 1006 00:37:15,240 --> 00:37:19,000 there's a 30-day guarantee like no 1007 00:37:16,920 --> 00:37:20,359 questions asked uh and you can count on 1008 00:37:19,000 --> 00:37:22,079 that because this is our personal brand 1009 00:37:20,359 --> 00:37:23,640 attached to this and you only get one of 1010 00:37:22,079 --> 00:37:25,319 those and big part of the reason that 1011 00:37:23,640 --> 00:37:27,520 we're doing this is that in the free 1012 00:37:25,319 --> 00:37:29,760 group you get a lot of people that are 1013 00:37:27,520 --> 00:37:32,359 just joining to spam people like this 1014 00:37:29,760 --> 00:37:33,880 guy Donald Duck here joins spams people 1015 00:37:32,359 --> 00:37:36,079 and we don't want that kind of we want 1016 00:37:33,880 --> 00:37:37,680 much like really high caliber people on 1017 00:37:36,079 --> 00:37:39,000 these coaching calls asking really 1018 00:37:37,680 --> 00:37:40,599 valuable questions that everybody can 1019 00:37:39,000 --> 00:37:42,400 learn from because everybody's going to 1020 00:37:40,599 --> 00:37:45,160 be investing the most valuable resource 1021 00:37:42,400 --> 00:37:47,079 which is their time and again back to 1022 00:37:45,160 --> 00:37:48,079 the the value of the the community being 1023 00:37:47,079 --> 00:37:50,800 the peers that you're going to be 1024 00:37:48,079 --> 00:37:52,960 joining it's to get winners and less 1025 00:37:50,800 --> 00:37:55,800 Donald's we scale University you can 1026 00:37:52,960 --> 00:37:57,920 join it now for $97 a month again full 1027 00:37:55,800 --> 00:37:59,480 30-day money back guarantee there's 1028 00:37:57,920 --> 00:38:01,319 already a bunch of people in there we've 1029 00:37:59,480 --> 00:38:03,040 been having great conversations and we'd 1030 00:38:01,319 --> 00:38:04,880 love to see you in there as well so you 1031 00:38:03,040 --> 00:38:08,119 can join it by going to 1032 00:38:04,880 --> 00:38:10,400 school.com we scale now at this point I 1033 00:38:08,119 --> 00:38:12,319 want you to stop and before we dive into 1034 00:38:10,400 --> 00:38:14,720 the next section of this course really 1035 00:38:12,319 --> 00:38:16,599 ask yourself if you are ready to like 1036 00:38:14,720 --> 00:38:19,400 fully commit yourself to this if you are 1037 00:38:16,599 --> 00:38:21,839 ready to like quote unquote burn the 1038 00:38:19,400 --> 00:38:23,599 boats make a final decision that you are 1039 00:38:21,839 --> 00:38:25,599 going to see this through all the way to 1040 00:38:23,599 --> 00:38:27,920 the end cuz it's so easy in our 1041 00:38:25,599 --> 00:38:30,280 day-to-day lives to just hear idea and 1042 00:38:27,920 --> 00:38:32,560 go oh that sounds good and while we have 1043 00:38:30,280 --> 00:38:33,960 some motivation we like go into it 1044 00:38:32,560 --> 00:38:35,720 half-heartedly and then as soon as 1045 00:38:33,960 --> 00:38:38,240 things get tough as soon as our mood 1046 00:38:35,720 --> 00:38:39,880 changes we go oh that was stupid and 1047 00:38:38,240 --> 00:38:41,640 then we just go back to exactly what we 1048 00:38:39,880 --> 00:38:43,560 were doing and we don't want that to be 1049 00:38:41,640 --> 00:38:45,560 you we want people to be able to go 1050 00:38:43,560 --> 00:38:47,800 through this and actually see lasting 1051 00:38:45,560 --> 00:38:49,400 change build something of real value for 1052 00:38:47,800 --> 00:38:51,359 themselves that they can be proud of 1053 00:38:49,400 --> 00:38:53,440 that provides Financial stability for 1054 00:38:51,359 --> 00:38:56,119 them and their families and in order to 1055 00:38:53,440 --> 00:38:59,000 do that in my humble opinion it requires 1056 00:38:56,119 --> 00:39:00,960 burning the boats which basically means 1057 00:38:59,000 --> 00:39:02,760 making a point of no return type of 1058 00:39:00,960 --> 00:39:04,680 decision that you are going to make this 1059 00:39:02,760 --> 00:39:06,520 work that you were storming the beaches 1060 00:39:04,680 --> 00:39:08,400 and then to give yourself no option to 1061 00:39:06,520 --> 00:39:10,480 turn back you are lighting the boats on 1062 00:39:08,400 --> 00:39:12,319 fire so your only option is to go 1063 00:39:10,480 --> 00:39:14,880 forward really evaluate that for 1064 00:39:12,319 --> 00:39:17,319 yourself before progressing into this 1065 00:39:14,880 --> 00:39:19,760 cuz if that's not you totally fine we 1066 00:39:17,319 --> 00:39:22,400 recommend just not even getting started 1067 00:39:19,760 --> 00:39:24,119 we recommend go watch the surface level 1068 00:39:22,400 --> 00:39:25,400 YouTube videos but if you are really 1069 00:39:24,119 --> 00:39:27,480 committed and you really want to see 1070 00:39:25,400 --> 00:39:29,240 this through to the end and go with with 1071 00:39:27,480 --> 00:39:31,440 us on this journey then we're happy to 1072 00:39:29,240 --> 00:39:31,440 have 1073 00:39:33,400 --> 00:39:38,199 [Music] 1074 00:39:40,520 --> 00:39:44,839 you before diving into things here's an 1075 00:39:43,359 --> 00:39:47,000 overview of everything that we're going 1076 00:39:44,839 --> 00:39:49,319 to be covering in the course starting 1077 00:39:47,000 --> 00:39:50,880 off with what our main goal is like 1078 00:39:49,319 --> 00:39:52,760 what's the objective at the end of the 1079 00:39:50,880 --> 00:39:55,040 day that we're working towards we're 1080 00:39:52,760 --> 00:39:57,480 basically trying to build a brand that 1081 00:39:55,040 --> 00:39:59,680 brings happiness to our customers and 1082 00:39:57,480 --> 00:40:01,520 and we're doing this based off of the 1083 00:39:59,680 --> 00:40:04,079 ways that I've built eight different 1084 00:40:01,520 --> 00:40:06,599 brands to seven figures and that all 1085 00:40:04,079 --> 00:40:08,400 stems from having happy customers at the 1086 00:40:06,599 --> 00:40:11,440 end of the day you're not able to scale 1087 00:40:08,400 --> 00:40:12,880 to seven figures plus with people that 1088 00:40:11,440 --> 00:40:15,359 are pissed off and not enjoying the 1089 00:40:12,880 --> 00:40:17,640 products and it's just a much more fun 1090 00:40:15,359 --> 00:40:20,119 and fulfilling brand or business to be 1091 00:40:17,640 --> 00:40:22,720 working on so happiness for our 1092 00:40:20,119 --> 00:40:25,520 customers is our goal as for sales we're 1093 00:40:22,720 --> 00:40:29,160 shooting for getting to 100K per month 1094 00:40:25,520 --> 00:40:31,200 in revenue and this goal is completely 1095 00:40:29,160 --> 00:40:32,720 subjective to you and your personal 1096 00:40:31,200 --> 00:40:34,560 situation there's a lot of people 1097 00:40:32,720 --> 00:40:37,359 watching this who are it would be 1098 00:40:34,560 --> 00:40:40,240 life-changing to have an extra $1,000 1099 00:40:37,359 --> 00:40:42,119 per month profit which that's totally 1100 00:40:40,240 --> 00:40:43,560 fine we're going to show you like how 1101 00:40:42,119 --> 00:40:46,040 you can do that but we're also going to 1102 00:40:43,560 --> 00:40:47,760 be setting the foundation for as you get 1103 00:40:46,040 --> 00:40:49,520 more familiar with this if your goal is 1104 00:40:47,760 --> 00:40:50,920 to grow much larger than that you're 1105 00:40:49,520 --> 00:40:53,760 going to have that option available to 1106 00:40:50,920 --> 00:40:56,000 you but don't think that for any reason 1107 00:40:53,760 --> 00:40:57,880 that just because we say it's such a 1108 00:40:56,000 --> 00:40:59,839 lofty sounding gold that 1109 00:40:57,880 --> 00:41:02,319 it's going to be like oh this is too 1110 00:40:59,839 --> 00:41:05,839 much for me this course is designed to 1111 00:41:02,319 --> 00:41:07,319 go step by step from soups To Nuts 1112 00:41:05,839 --> 00:41:09,079 everything like doesn't matter if you're 1113 00:41:07,319 --> 00:41:11,359 a complete beginner we explain 1114 00:41:09,079 --> 00:41:12,920 everything from the ground up so that 1115 00:41:11,359 --> 00:41:15,599 we're not talking over anybody's head 1116 00:41:12,920 --> 00:41:17,480 it's designed to be as applicable for 1117 00:41:15,599 --> 00:41:19,960 everybody regardless of your background 1118 00:41:17,480 --> 00:41:21,640 experience or any of that and once it's 1119 00:41:19,960 --> 00:41:24,040 up and running once we're past the 1120 00:41:21,640 --> 00:41:25,359 initial learning curve we're going to be 1121 00:41:24,040 --> 00:41:27,359 working towards getting to the point 1122 00:41:25,359 --> 00:41:30,240 that like Meg and I are at with our 1123 00:41:27,359 --> 00:41:32,920 brand which is we put in four to maybe 1124 00:41:30,240 --> 00:41:34,319 eight hours per week on it if that we 1125 00:41:32,920 --> 00:41:36,599 could put in a lot more if we really 1126 00:41:34,319 --> 00:41:37,880 wanted to grow it Beyond this point but 1127 00:41:36,599 --> 00:41:40,839 right now this is the point that we're 1128 00:41:37,880 --> 00:41:44,200 at generating consistently 20K Plus in 1129 00:41:40,839 --> 00:41:46,960 profit with a minimum or maximum of 4 1130 00:41:44,200 --> 00:41:50,040 to8 hours per week required and it's 1131 00:41:46,960 --> 00:41:51,560 also a quote unquote Lifestyle brand 1132 00:41:50,040 --> 00:41:54,599 that we can run from anywhere in the 1133 00:41:51,560 --> 00:41:56,720 world with laptop and Wi-Fi and while I 1134 00:41:54,599 --> 00:41:59,400 don't really believe in the concept of 1135 00:41:56,720 --> 00:42:01,280 passive in in come cuz like I've said 1136 00:41:59,400 --> 00:42:03,240 this is going to take a lot of work but 1137 00:42:01,280 --> 00:42:05,280 once you get it past that certain point 1138 00:42:03,240 --> 00:42:08,359 of needing to put in all that upfront 1139 00:42:05,280 --> 00:42:10,160 work it does become relatively passive 1140 00:42:08,359 --> 00:42:13,280 especially once you start hiring out to 1141 00:42:10,160 --> 00:42:16,720 vas to manage the processes that you 1142 00:42:13,280 --> 00:42:18,160 don't want to be doing it can get pretty 1143 00:42:16,720 --> 00:42:19,880 pretty passive so you can be running it 1144 00:42:18,160 --> 00:42:21,359 from a laptop on a beach somewhere if 1145 00:42:19,880 --> 00:42:22,720 that's your goal or if your goal is to 1146 00:42:21,359 --> 00:42:24,200 grow it to eight figures then we're 1147 00:42:22,720 --> 00:42:25,559 going to show you the path to doing that 1148 00:42:24,200 --> 00:42:26,920 as well and along that same line we're 1149 00:42:25,559 --> 00:42:29,520 also going to be building an asset that 1150 00:42:26,920 --> 00:42:32,119 is sellable meaning it's not dependent 1151 00:42:29,520 --> 00:42:35,079 on us and it's not Drop Shipping where 1152 00:42:32,119 --> 00:42:37,440 it's just hit or miss months it's slow 1153 00:42:35,079 --> 00:42:39,240 and steady consistent growth that makes 1154 00:42:37,440 --> 00:42:41,240 it into something that would be 1155 00:42:39,240 --> 00:42:44,599 desirable for a potential acquir to come 1156 00:42:41,240 --> 00:42:46,559 in and buy you up and this is Robert 1157 00:42:44,599 --> 00:42:49,160 kiyosaki's cash flow quadrant from Rich 1158 00:42:46,559 --> 00:42:51,440 Dad Poor Dad and a lot of people start 1159 00:42:49,160 --> 00:42:53,000 off an employee and then when they start 1160 00:42:51,440 --> 00:42:54,800 their business they think that they 1161 00:42:53,000 --> 00:42:57,359 become a business owner but really they 1162 00:42:54,800 --> 00:42:59,319 become self-employed and our goal 1163 00:42:57,359 --> 00:43:01,079 through this whole course is to elevate 1164 00:42:59,319 --> 00:43:03,119 ourselves from the point of being just 1165 00:43:01,079 --> 00:43:05,319 self-employed doing everything ourselves 1166 00:43:03,119 --> 00:43:07,559 in the day-to-day to a true business 1167 00:43:05,319 --> 00:43:10,839 owner where we have systems that work 1168 00:43:07,559 --> 00:43:12,599 for us instead of us working for them 1169 00:43:10,839 --> 00:43:15,040 and here's a great quote from Tony 1170 00:43:12,599 --> 00:43:17,319 Robbins about building a business that 1171 00:43:15,040 --> 00:43:19,079 is sellable and he says without an exit 1172 00:43:17,319 --> 00:43:21,160 strategy all you have is a job an 1173 00:43:19,079 --> 00:43:23,839 expensive job a job with a lot of 1174 00:43:21,160 --> 00:43:26,040 responsibility and risk the true purpose 1175 00:43:23,839 --> 00:43:27,480 of a business is to build a system that 1176 00:43:26,040 --> 00:43:29,720 can make money when you're you're not 1177 00:43:27,480 --> 00:43:31,480 there and sell for multiple and when he 1178 00:43:29,720 --> 00:43:33,680 says multiple he means a multiple of 1179 00:43:31,480 --> 00:43:35,920 your trailing 12 profit in the case of 1180 00:43:33,680 --> 00:43:37,960 an e-commerce business like some 1181 00:43:35,920 --> 00:43:40,440 business types like software for example 1182 00:43:37,960 --> 00:43:43,599 sell for multiple Revenue but for us if 1183 00:43:40,440 --> 00:43:47,160 we build a e-commerce business that did 1184 00:43:43,599 --> 00:43:48,520 $100,000 in trailing 12month profit then 1185 00:43:47,160 --> 00:43:50,720 we could expect to sell that for a 1186 00:43:48,520 --> 00:43:54,280 multiple of it ranges greatly but 1187 00:43:50,720 --> 00:43:56,160 anywhere from 2 to 4X so instead of 1188 00:43:54,280 --> 00:43:59,000 having to run that business for four 1189 00:43:56,160 --> 00:44:01,440 more years you can have a exit or 1190 00:43:59,000 --> 00:44:04,559 liquidity event where you make two to 1191 00:44:01,440 --> 00:44:07,000 four years of cash flow up front and 1192 00:44:04,559 --> 00:44:09,079 then you have all that cash to do 1193 00:44:07,000 --> 00:44:12,400 whatever you want with it Go invest it 1194 00:44:09,079 --> 00:44:14,520 start another business whatever you want 1195 00:44:12,400 --> 00:44:16,319 so in the course in module one it's the 1196 00:44:14,520 --> 00:44:18,920 introduction getting the overview laying 1197 00:44:16,319 --> 00:44:20,960 the groundwork then in module two is 1198 00:44:18,920 --> 00:44:24,119 where we talk about our foundations and 1199 00:44:20,960 --> 00:44:25,680 the foundations are back to me saying 1200 00:44:24,119 --> 00:44:27,240 I'm treating this as if I had somebody 1201 00:44:25,680 --> 00:44:29,040 that I really cared about friend or 1202 00:44:27,240 --> 00:44:30,680 member whoever sitting next to me and 1203 00:44:29,040 --> 00:44:32,680 they wanted to start a business what 1204 00:44:30,680 --> 00:44:34,680 would I teach them in order to be 1205 00:44:32,680 --> 00:44:36,440 actually successful and not just start 1206 00:44:34,680 --> 00:44:37,839 this but actually be able to see it 1207 00:44:36,440 --> 00:44:39,319 through to the very end and the 1208 00:44:37,839 --> 00:44:41,559 foundations are everything that I've 1209 00:44:39,319 --> 00:44:43,800 learned for my entrepreneurial Journey 1210 00:44:41,559 --> 00:44:46,440 all the ups and downs how to optimize 1211 00:44:43,800 --> 00:44:48,920 yourself as the person who is going to 1212 00:44:46,440 --> 00:44:50,720 be able to see this project through to 1213 00:44:48,920 --> 00:44:53,319 the end because we don't want to waste 1214 00:44:50,720 --> 00:44:55,040 anybody's time especially yours and if 1215 00:44:53,319 --> 00:44:57,839 you're not you know the kind of person 1216 00:44:55,040 --> 00:44:59,559 who has energy has Focus has laid those 1217 00:44:57,839 --> 00:45:02,359 foundations to actually be able to stick 1218 00:44:59,559 --> 00:45:03,880 with this then it's all for nothing and 1219 00:45:02,359 --> 00:45:06,079 module three is where we are going to 1220 00:45:03,880 --> 00:45:07,880 talk about research and branding so I'm 1221 00:45:06,079 --> 00:45:10,720 going to be screen sharing along with 1222 00:45:07,880 --> 00:45:12,280 you looking at market research showing 1223 00:45:10,720 --> 00:45:14,480 you how I look at like competitors 1224 00:45:12,280 --> 00:45:16,000 companies finding a winning Niche and 1225 00:45:14,480 --> 00:45:18,599 then coming up with our own brand like 1226 00:45:16,000 --> 00:45:20,880 our brand name our logo like our whole 1227 00:45:18,599 --> 00:45:22,559 brand identity that is what's going to 1228 00:45:20,880 --> 00:45:24,599 be customer facing and is going to 1229 00:45:22,559 --> 00:45:26,480 really differentiate us from the 1230 00:45:24,599 --> 00:45:28,559 competition but it all starts with 1231 00:45:26,480 --> 00:45:30,400 picking really profitable Niche and one 1232 00:45:28,559 --> 00:45:32,800 that we know has potential for us to 1233 00:45:30,400 --> 00:45:35,319 grow into and we're not going to cap out 1234 00:45:32,800 --> 00:45:37,200 Grand a month like a super small Market 1235 00:45:35,319 --> 00:45:39,680 we're going to pick winning niches that 1236 00:45:37,200 --> 00:45:41,480 have huge upside potential module four 1237 00:45:39,680 --> 00:45:43,920 is product and fulfillment this is where 1238 00:45:41,480 --> 00:45:46,000 we're going to be showing again how we 1239 00:45:43,920 --> 00:45:48,440 do all our product research so we find 1240 00:45:46,000 --> 00:45:50,559 winning like Design Concepts different 1241 00:45:48,440 --> 00:45:52,280 ways that we can make those designs like 1242 00:45:50,559 --> 00:45:53,880 using different AI tools all the 1243 00:45:52,280 --> 00:45:56,359 different prompt hacks you could ever 1244 00:45:53,880 --> 00:45:58,920 want and then fulfillment is where we're 1245 00:45:56,359 --> 00:46:01,680 talking about we use printify as our 1246 00:45:58,920 --> 00:46:03,359 main fulfillment provider to print pack 1247 00:46:01,680 --> 00:46:05,079 and ship all of our products to our 1248 00:46:03,359 --> 00:46:06,800 customers so that we never have to 1249 00:46:05,079 --> 00:46:08,559 really touch a thing and how we can 1250 00:46:06,800 --> 00:46:11,599 optimize that fulfillment process to 1251 00:46:08,559 --> 00:46:13,359 maximize our margins the module 5 is all 1252 00:46:11,599 --> 00:46:15,119 about Shopify and we split this one up 1253 00:46:13,359 --> 00:46:17,559 into two sections so there's the 1254 00:46:15,119 --> 00:46:19,359 stepbystep setup where I'm going to be 1255 00:46:17,559 --> 00:46:22,160 showing you like literally Click by 1256 00:46:19,359 --> 00:46:24,079 click screen sharing how to set up the 1257 00:46:22,160 --> 00:46:27,119 same kind of template that I used on all 1258 00:46:24,079 --> 00:46:29,240 eight of the previous Brands exactly how 1259 00:46:27,119 --> 00:46:30,760 to set that up to get us to a baseline 1260 00:46:29,240 --> 00:46:32,160 by Baseline I mean a high converting 1261 00:46:30,760 --> 00:46:34,359 store that has a good average order 1262 00:46:32,160 --> 00:46:36,760 value that checks all the minimum 1263 00:46:34,359 --> 00:46:38,640 requirements for a good Shopify store 1264 00:46:36,760 --> 00:46:41,200 and just that alone will get you like 1265 00:46:38,640 --> 00:46:43,440 Head and Shoulders above the competition 1266 00:46:41,200 --> 00:46:45,720 it's way better than like the free 1267 00:46:43,440 --> 00:46:47,480 themes out there and like the beginner 1268 00:46:45,720 --> 00:46:49,760 stores they're just missing a lot of the 1269 00:46:47,480 --> 00:46:51,400 main pieces so that's why we're going to 1270 00:46:49,760 --> 00:46:53,440 go Click by click so if you've never 1271 00:46:51,400 --> 00:46:55,520 used Shopify before this will show you 1272 00:46:53,440 --> 00:46:58,839 everything you need and then the second 1273 00:46:55,520 --> 00:47:01,079 section is more the strategy of Shopify 1274 00:46:58,839 --> 00:47:02,920 and the reason this is important is that 1275 00:47:01,079 --> 00:47:04,599 as after you launch your store as you're 1276 00:47:02,920 --> 00:47:06,640 troubleshooting and trying to optimize 1277 00:47:04,599 --> 00:47:09,200 overall your sales your conversion rate 1278 00:47:06,640 --> 00:47:10,839 we have specific lessons in there for 1279 00:47:09,200 --> 00:47:12,160 how to optimize your conversion rate if 1280 00:47:10,839 --> 00:47:13,760 your conversion rate's low how to 1281 00:47:12,160 --> 00:47:15,920 optimize your average order value your 1282 00:47:13,760 --> 00:47:18,280 site speed so that those are lessons 1283 00:47:15,920 --> 00:47:20,480 that speak at like more of a general 1284 00:47:18,280 --> 00:47:22,280 level talking about like how to Think 1285 00:47:20,480 --> 00:47:24,319 Through conversion rate what influences 1286 00:47:22,280 --> 00:47:26,319 it how to boost your average order value 1287 00:47:24,319 --> 00:47:27,520 and it gives a much more conceptual 1288 00:47:26,319 --> 00:47:29,400 understanding of like 1289 00:47:27,520 --> 00:47:31,880 why it converts the way that it does so 1290 00:47:29,400 --> 00:47:33,599 Step One is the Click by click just down 1291 00:47:31,880 --> 00:47:37,079 in the weeds how to set it up what 1292 00:47:33,599 --> 00:47:39,119 buttons to to press then part two is 1293 00:47:37,079 --> 00:47:41,200 explaining the why behind everything so 1294 00:47:39,119 --> 00:47:43,680 you can really like in start to 1295 00:47:41,200 --> 00:47:45,359 intuitively understand like why we're 1296 00:47:43,680 --> 00:47:46,800 doing what we're doing and module 6 is 1297 00:47:45,359 --> 00:47:50,280 all about traffic we're going to go 1298 00:47:46,800 --> 00:47:53,480 really deep into Facebook ads Google and 1299 00:47:50,280 --> 00:47:56,160 other traffic sources as well but very 1300 00:47:53,480 --> 00:47:58,400 similar to the Shopify setup it's going 1301 00:47:56,160 --> 00:48:00,200 to be Click by click showing the main 1302 00:47:58,400 --> 00:48:02,280 campaigns that we launch and how you can 1303 00:48:00,200 --> 00:48:04,680 do it very easily like without having to 1304 00:48:02,280 --> 00:48:06,319 spend a ton of time on creative and 1305 00:48:04,680 --> 00:48:08,200 audience split testing and all that 1306 00:48:06,319 --> 00:48:10,559 stuff I'm going to show you my exact 1307 00:48:08,200 --> 00:48:12,760 campaign layout show you setting it up 1308 00:48:10,559 --> 00:48:14,559 Click by click and then we're also going 1309 00:48:12,760 --> 00:48:16,359 to talk about like the higher level 1310 00:48:14,559 --> 00:48:18,400 strategy so you can start to again 1311 00:48:16,359 --> 00:48:21,119 conceptualize and understand like where 1312 00:48:18,400 --> 00:48:22,960 this fits into the bigger puzzle and for 1313 00:48:21,119 --> 00:48:25,200 once and for all feel like you actually 1314 00:48:22,960 --> 00:48:26,760 understand Facebook ads and marketing 1315 00:48:25,200 --> 00:48:28,559 cuz I know how daunting it can be as 1316 00:48:26,760 --> 00:48:31,440 especially starting 1317 00:48:28,559 --> 00:48:34,160 out the module 7 is going to be email 1318 00:48:31,440 --> 00:48:35,599 marketing which this is where uh mostly 1319 00:48:34,160 --> 00:48:37,200 from Meg she's going to be walking you 1320 00:48:35,599 --> 00:48:39,240 through all the email flows and 1321 00:48:37,200 --> 00:48:41,319 automations we set up again Click by 1322 00:48:39,240 --> 00:48:44,280 click while explaining like the why and 1323 00:48:41,319 --> 00:48:45,720 the how behind everything and this is 1324 00:48:44,280 --> 00:48:47,800 one of the best sections and one of the 1325 00:48:45,720 --> 00:48:50,079 most requested sections primarily 1326 00:48:47,800 --> 00:48:52,359 because it's just once you set it up 1327 00:48:50,079 --> 00:48:54,400 it's like pure Profit just about on the 1328 00:48:52,359 --> 00:48:57,119 back end and this is the module that 1329 00:48:54,400 --> 00:48:59,160 really differentiates like what we're 1330 00:48:57,119 --> 00:49:01,480 building like an actual sustainable 1331 00:48:59,160 --> 00:49:02,559 brand from the rest of the e-commerce 1332 00:49:01,480 --> 00:49:05,160 trainings out there where they just 1333 00:49:02,559 --> 00:49:07,559 teach you how to find like Hot Products 1334 00:49:05,160 --> 00:49:09,880 make some viral posts and then it burns 1335 00:49:07,559 --> 00:49:12,200 bright but then burns out this is 1336 00:49:09,880 --> 00:49:14,799 building a consistent flow of returning 1337 00:49:12,200 --> 00:49:17,920 customers so that anywhere from 15 to 1338 00:49:14,799 --> 00:49:19,880 25% of our revenue is always coming from 1339 00:49:17,920 --> 00:49:21,480 customers who love our brand and then 1340 00:49:19,880 --> 00:49:23,319 we're just getting back in front of them 1341 00:49:21,480 --> 00:49:24,640 automatically reminding them of new 1342 00:49:23,319 --> 00:49:27,480 products and getting them to come back 1343 00:49:24,640 --> 00:49:28,799 to the store in module eight is systems 1344 00:49:27,480 --> 00:49:30,960 and operations this is where we're going 1345 00:49:28,799 --> 00:49:32,400 to pull back the curtain and show 1346 00:49:30,960 --> 00:49:33,799 everything behind the scenes like the 1347 00:49:32,400 --> 00:49:36,040 down in the weed stuff that nobody 1348 00:49:33,799 --> 00:49:39,040 really ever talks about CU it's not sexy 1349 00:49:36,040 --> 00:49:41,680 but it's so necessary to get your store 1350 00:49:39,040 --> 00:49:43,880 uh or your brand to be like profitable 1351 00:49:41,680 --> 00:49:46,119 to begin with number one like how to run 1352 00:49:43,880 --> 00:49:48,200 your financials properly how to manage 1353 00:49:46,119 --> 00:49:50,079 your customer service how to manage your 1354 00:49:48,200 --> 00:49:52,000 supply chain but then it's also 1355 00:49:50,079 --> 00:49:54,640 important for being able to eventually 1356 00:49:52,000 --> 00:49:56,839 Elevate yourself out of the brand and 1357 00:49:54,640 --> 00:49:59,559 how do you not have your time consumed 1358 00:49:56,839 --> 00:50:02,000 with you know the day-to-day tasks like 1359 00:49:59,559 --> 00:50:03,839 uploading products ads all that kind of 1360 00:50:02,000 --> 00:50:05,680 stuff and we give you all the templates 1361 00:50:03,839 --> 00:50:07,559 and Sops that we use internally so you 1362 00:50:05,680 --> 00:50:10,079 can just copy and paste them into your 1363 00:50:07,559 --> 00:50:11,880 own business module 9 is scaling once 1364 00:50:10,079 --> 00:50:14,760 we're at the point of being able to 1365 00:50:11,880 --> 00:50:16,640 consistently put in $1 and get $3 to $4 1366 00:50:14,760 --> 00:50:18,040 back from our business how do we put a 1367 00:50:16,640 --> 00:50:20,040 million dollar into the business and 1368 00:50:18,040 --> 00:50:22,000 get3 to4 million 1369 00:50:20,040 --> 00:50:23,559 back and we're going to share all the 1370 00:50:22,000 --> 00:50:26,839 best strategies that we have for doing 1371 00:50:23,559 --> 00:50:28,599 that and module 10 is if you are 1372 00:50:26,839 --> 00:50:31,119 somebody who's interested in building a 1373 00:50:28,599 --> 00:50:33,200 brand by following these modules that is 1374 00:50:31,119 --> 00:50:35,640 able to be sold and exit 1375 00:50:33,200 --> 00:50:37,880 for for a lot of us like a pretty 1376 00:50:35,640 --> 00:50:39,240 life-changing amount of money someday 1377 00:50:37,880 --> 00:50:41,200 then this is going to show you all the 1378 00:50:39,240 --> 00:50:42,680 things you need to be aware of and what 1379 00:50:41,200 --> 00:50:44,079 the process looks like how do you 1380 00:50:42,680 --> 00:50:45,760 prepare the business to sell what's the 1381 00:50:44,079 --> 00:50:48,319 right time to sell how to find buyers 1382 00:50:45,760 --> 00:50:49,640 how to negotiate with them how to close 1383 00:50:48,319 --> 00:50:52,160 like the ins and outs like what to 1384 00:50:49,640 --> 00:50:53,799 expect and common mistakes and even if 1385 00:50:52,160 --> 00:50:55,640 you don't want to sell the business or 1386 00:50:53,799 --> 00:50:57,400 that seems like a pipe dream like way 1387 00:50:55,640 --> 00:50:59,079 down the road like Chris I just want to 1388 00:50:57,400 --> 00:51:00,680 get started and make something it's 1389 00:50:59,079 --> 00:51:02,960 still a good thing to understand because 1390 00:51:00,680 --> 00:51:05,640 building a business that is like 1391 00:51:02,960 --> 00:51:07,480 sellable also just means like running 1392 00:51:05,640 --> 00:51:09,599 like a clean operation it means having 1393 00:51:07,480 --> 00:51:11,960 good financials it means like having 1394 00:51:09,599 --> 00:51:13,559 good systems in place means just having 1395 00:51:11,960 --> 00:51:15,079 something that's sustainable and that's 1396 00:51:13,559 --> 00:51:17,559 what all this is about so whether if you 1397 00:51:15,079 --> 00:51:20,240 decide to sell or not it's going to be a 1398 00:51:17,559 --> 00:51:21,720 great module for everybody and along 1399 00:51:20,240 --> 00:51:23,760 with obviously the brand that we're 1400 00:51:21,720 --> 00:51:25,599 going to be building together there's 1401 00:51:23,760 --> 00:51:27,839 some amazing skills that you're going to 1402 00:51:25,599 --> 00:51:29,599 be picking up along the way way that it 1403 00:51:27,839 --> 00:51:31,119 it took me years of running this before 1404 00:51:29,599 --> 00:51:33,640 I really picked my head up and realized 1405 00:51:31,119 --> 00:51:36,240 like holy crap you really do learn so 1406 00:51:33,640 --> 00:51:38,680 much by doing this kind of brand far 1407 00:51:36,240 --> 00:51:41,200 more than doing just a social media 1408 00:51:38,680 --> 00:51:42,760 agency or just doing like an Etsy shop I 1409 00:51:41,200 --> 00:51:44,920 really believe that because what we're 1410 00:51:42,760 --> 00:51:47,480 going to be doing is Niche research 1411 00:51:44,920 --> 00:51:50,200 branding product development paid 1412 00:51:47,480 --> 00:51:51,799 marketing organic marketing conversion 1413 00:51:50,200 --> 00:51:53,880 rate optimization Supply Chain 1414 00:51:51,799 --> 00:51:56,119 management finances and cash flow 1415 00:51:53,880 --> 00:51:58,280 management like so many different things 1416 00:51:56,119 --> 00:52:00,559 that like different skill sets like 1417 00:51:58,280 --> 00:52:03,720 you're going to be basically like a one 1418 00:52:00,559 --> 00:52:05,920 siiz fits-all type of solution so that 1419 00:52:03,720 --> 00:52:08,280 once you sell your brand or whatever you 1420 00:52:05,920 --> 00:52:10,960 end up doing with it down the road you 1421 00:52:08,280 --> 00:52:13,760 can take this skill set and apply it to 1422 00:52:10,960 --> 00:52:15,559 whatever new opportunity whether that's 1423 00:52:13,760 --> 00:52:18,359 everything from starting another company 1424 00:52:15,559 --> 00:52:20,280 to doing High ticket Consulting to 1425 00:52:18,359 --> 00:52:22,160 getting a really high paying job at a 1426 00:52:20,280 --> 00:52:24,160 company that would kill to have somebody 1427 00:52:22,160 --> 00:52:25,680 with this skill set the world is 1428 00:52:24,160 --> 00:52:27,280 literally your oyster once you build 1429 00:52:25,680 --> 00:52:29,079 these skills like you're going to be 1430 00:52:27,280 --> 00:52:31,559 learning just by following along in 1431 00:52:29,079 --> 00:52:33,760 these modules and if this was a college 1432 00:52:31,559 --> 00:52:37,000 course say I don't know Penn State like 1433 00:52:33,760 --> 00:52:41,040 where I went the niche Niche research 1434 00:52:37,000 --> 00:52:44,520 would be called a class like marketing 5 1435 00:52:41,040 --> 00:52:44,520 519 which was 1436 00:52:44,760 --> 00:52:51,200 $3600 branding would be marketing $497 1437 00:52:48,280 --> 00:52:54,400 which was also $3600 as one credit is 1438 00:52:51,200 --> 00:52:56,240 about 1,200 bucks uh at Penn State or 1439 00:52:54,400 --> 00:52:58,480 similar at other colleges and each of 1440 00:52:56,240 --> 00:53:00,480 these are three credit classes product 1441 00:52:58,480 --> 00:53:02,160 development like designing all your own 1442 00:53:00,480 --> 00:53:04,480 products making your mockups that would 1443 00:53:02,160 --> 00:53:07,440 be something like graphic design 102 1444 00:53:04,480 --> 00:53:10,280 which that's 3600 bucks paid marketing 1445 00:53:07,440 --> 00:53:12,319 would be marketing 401 another 3600 1446 00:53:10,280 --> 00:53:15,960 organic marketing is marketing 1447 00:53:12,319 --> 00:53:20,160 473 conversion rate optimization is IST 1448 00:53:15,960 --> 00:53:22,079 250 Supply Chain management is scm2 200 1449 00:53:20,160 --> 00:53:24,839 and finance and cash flow management is 1450 00:53:22,079 --> 00:53:27,280 accounting to 11 all of that added up 1451 00:53:24,839 --> 00:53:29,520 would have costed $28,000 1452 00:53:27,280 --> 00:53:31,440 which sounds absolutely insane to see 1453 00:53:29,520 --> 00:53:35,359 that number up there but it's actually 1454 00:53:31,440 --> 00:53:38,960 true that's just like how bizarre the uh 1455 00:53:35,359 --> 00:53:41,400 I don't know college like system is and 1456 00:53:38,960 --> 00:53:42,319 I mean I paid this I paid a lot more 1457 00:53:41,400 --> 00:53:44,599 than that that's just some of the 1458 00:53:42,319 --> 00:53:46,960 classes and out of everything I learned 1459 00:53:44,599 --> 00:53:49,440 at Penn State I use pretty much none of 1460 00:53:46,960 --> 00:53:52,280 it in running the business today if I 1461 00:53:49,440 --> 00:53:54,040 was to go and get a job today which I 1462 00:53:52,280 --> 00:53:56,839 never would do I would rather live in a 1463 00:53:54,040 --> 00:53:59,680 cardboard box than ever get a job but if 1464 00:53:56,839 --> 00:54:01,599 I were to do that then I would not talk 1465 00:53:59,680 --> 00:54:03,720 about my Penn State degree my college 1466 00:54:01,599 --> 00:54:06,079 degree at all it wouldn't even be in the 1467 00:54:03,720 --> 00:54:07,720 discussion it would be all about what 1468 00:54:06,079 --> 00:54:10,200 I've learned and how I ran my own 1469 00:54:07,720 --> 00:54:12,480 business and scaled it to seven figures 1470 00:54:10,200 --> 00:54:14,400 doing exactly what is laid out in this 1471 00:54:12,480 --> 00:54:16,119 course so there's a quick rundown of 1472 00:54:14,400 --> 00:54:17,640 what we're going to be covering and what 1473 00:54:16,119 --> 00:54:19,440 you can expect from this course along 1474 00:54:17,640 --> 00:54:22,160 with the main goal or outcome that we're 1475 00:54:19,440 --> 00:54:23,599 shooting for and all the skills and 1476 00:54:22,160 --> 00:54:26,760 extra bits you're going to pick up along 1477 00:54:23,599 --> 00:54:26,760 the way 1478 00:54:27,930 --> 00:54:37,559 [Music] 1479 00:54:36,000 --> 00:54:39,720 now we're going to get an understanding 1480 00:54:37,559 --> 00:54:42,160 of how this business model works from a 1481 00:54:39,720 --> 00:54:43,839 10,000 foot view so that once and for 1482 00:54:42,160 --> 00:54:45,720 all we can fully understand all 1483 00:54:43,839 --> 00:54:47,480 components of the business understand 1484 00:54:45,720 --> 00:54:50,359 where we are and what we're building 1485 00:54:47,480 --> 00:54:52,640 towards along with how this business 1486 00:54:50,359 --> 00:54:54,640 compares to other business models out 1487 00:54:52,640 --> 00:54:56,880 there what the pros and cons are from a 1488 00:54:54,640 --> 00:54:59,280 completely objective point of view we're 1489 00:54:56,880 --> 00:55:03,079 going to talk about uh Drop Shipping 1490 00:54:59,280 --> 00:55:05,520 3pls print on demand obviously and where 1491 00:55:03,079 --> 00:55:07,400 all this kind of fits in and then we can 1492 00:55:05,520 --> 00:55:09,559 see a lot of advantages of print on 1493 00:55:07,400 --> 00:55:12,200 demand and how the company can grow over 1494 00:55:09,559 --> 00:55:14,240 time and what the options are and to 1495 00:55:12,200 --> 00:55:17,440 start off with that let's look at this 1496 00:55:14,240 --> 00:55:19,319 diagram here for a quick 10,000 ft view 1497 00:55:17,440 --> 00:55:21,520 so at a very basic level the way that 1498 00:55:19,319 --> 00:55:24,559 print on demand works is if a customer 1499 00:55:21,520 --> 00:55:26,280 places an order for one shirt we then 1500 00:55:24,559 --> 00:55:29,319 receive the funds from that customer 1501 00:55:26,280 --> 00:55:32,000 customer $26.99 is our typical pricing 1502 00:55:29,319 --> 00:55:34,359 and we normally charge around $5 for 1503 00:55:32,000 --> 00:55:37,319 shipping so that comes out to 1504 00:55:34,359 --> 00:55:38,440 $31.98 minus some transaction fees and 1505 00:55:37,319 --> 00:55:39,880 we've gotten a lot of questions about 1506 00:55:38,440 --> 00:55:42,000 how the cash flow works the good thing 1507 00:55:39,880 --> 00:55:43,559 is that the cash flow is one of the big 1508 00:55:42,000 --> 00:55:45,880 advantages that you get all the money up 1509 00:55:43,559 --> 00:55:48,920 front before we even have to fill the 1510 00:55:45,880 --> 00:55:50,880 product so those funds from that sale 1511 00:55:48,920 --> 00:55:53,160 hit our bank account that we connect to 1512 00:55:50,880 --> 00:55:54,760 the store within 2 to three business 1513 00:55:53,160 --> 00:55:56,880 days so it's really quick and then in 1514 00:55:54,760 --> 00:55:59,720 the meantime we turn around we place the 1515 00:55:56,880 --> 00:56:01,319 order with a print provider so we're 1516 00:55:59,720 --> 00:56:02,799 just on our laptop we don't have any of 1517 00:56:01,319 --> 00:56:04,119 the physical printers oursel place the 1518 00:56:02,799 --> 00:56:07,319 order with a print provider such as 1519 00:56:04,119 --> 00:56:09,599 printify and they charge us less than 1520 00:56:07,319 --> 00:56:11,880 what we charge the customer it's just 1521 00:56:09,599 --> 00:56:14,160 how business Works obviously so we get 1522 00:56:11,880 --> 00:56:16,680 charged about 8 bucks plus 1523 00:56:14,160 --> 00:56:20,480 $4.75 for shipping which comes out to$ 1524 00:56:16,680 --> 00:56:23,640 12275 that leaves us with about 18 bucks 1525 00:56:20,480 --> 00:56:25,079 in profit now this is a very simplistic 1526 00:56:23,640 --> 00:56:27,280 example we're going to talk about 1527 00:56:25,079 --> 00:56:29,480 optimizing our average order value and 1528 00:56:27,280 --> 00:56:33,039 how to maximize our profit margins later 1529 00:56:29,480 --> 00:56:35,200 on but just know now from a uh cash flow 1530 00:56:33,039 --> 00:56:37,079 and just overall model this is how it 1531 00:56:35,200 --> 00:56:38,839 works customer places the order we get 1532 00:56:37,079 --> 00:56:41,000 the funds we then turn around and place 1533 00:56:38,839 --> 00:56:42,799 that order with printify and printify 1534 00:56:41,000 --> 00:56:44,920 ships it to the customer pretty simple 1535 00:56:42,799 --> 00:56:47,640 to give a visual representation of how 1536 00:56:44,920 --> 00:56:49,559 this works it's we drive traffic to our 1537 00:56:47,640 --> 00:56:51,200 Shopify store that has our products that 1538 00:56:49,559 --> 00:56:54,039 we're going to be making using tools 1539 00:56:51,200 --> 00:56:56,039 like mid Journey Dolly Mystic and 1540 00:56:54,039 --> 00:56:58,559 idiogram so we get our traffic primarily 1541 00:56:56,039 --> 00:57:00,839 from from meta Tik tok's another option 1542 00:56:58,559 --> 00:57:02,480 and clavio for email marketing then 1543 00:57:00,839 --> 00:57:04,839 anytime an order is placed it gets 1544 00:57:02,480 --> 00:57:07,799 fulfilled by printify and then for 1545 00:57:04,839 --> 00:57:09,400 customer service we use email software 1546 00:57:07,799 --> 00:57:11,680 such as gorgeous or you can just use 1547 00:57:09,400 --> 00:57:13,559 Gmail we're going to talk more about 1548 00:57:11,680 --> 00:57:15,400 that but this is the basic structure to 1549 00:57:13,559 --> 00:57:17,920 give you a 10,000 ft view we drive 1550 00:57:15,400 --> 00:57:19,680 traffic from meta to our Shopify store 1551 00:57:17,920 --> 00:57:21,680 which is our Standalone website people 1552 00:57:19,680 --> 00:57:23,319 buy get shipped to them by printify and 1553 00:57:21,680 --> 00:57:26,319 we make the money in between that's the 1554 00:57:23,319 --> 00:57:28,799 basic structure of it so now let's learn 1555 00:57:26,319 --> 00:57:31,319 how our business model stack what that 1556 00:57:28,799 --> 00:57:34,280 looks like so our Market our product our 1557 00:57:31,319 --> 00:57:36,920 fulfillment our store and our traffic so 1558 00:57:34,280 --> 00:57:38,839 business model General overview first 1559 00:57:36,920 --> 00:57:40,520 question we have and this is for any 1560 00:57:38,839 --> 00:57:42,839 business not just print on demand these 1561 00:57:40,520 --> 00:57:44,760 principles or these elements apply to 1562 00:57:42,839 --> 00:57:46,720 any model so our Market is just simply 1563 00:57:44,760 --> 00:57:48,400 who are we selling to the product is 1564 00:57:46,720 --> 00:57:49,760 what are we selling them fulfillment is 1565 00:57:48,400 --> 00:57:51,200 how are we going to fulfill the product 1566 00:57:49,760 --> 00:57:53,920 for them how are they going to receive 1567 00:57:51,200 --> 00:57:55,520 it the storefront or website is just 1568 00:57:53,920 --> 00:57:57,160 where can people buy from us and then 1569 00:57:55,520 --> 00:58:00,079 traffic is how are we going to let 1570 00:57:57,160 --> 00:58:02,680 people find out about us now Market is 1571 00:58:00,079 --> 00:58:05,839 what people call your Niche or Niche 1572 00:58:02,680 --> 00:58:07,680 either one and some example niches are 1573 00:58:05,839 --> 00:58:10,240 business owners or professionals you 1574 00:58:07,680 --> 00:58:11,760 could segment based on their familial 1575 00:58:10,240 --> 00:58:14,000 status if they're married if they have 1576 00:58:11,760 --> 00:58:15,520 kids you can do professional segments 1577 00:58:14,000 --> 00:58:17,480 it's great spelling Chris you can do 1578 00:58:15,520 --> 00:58:20,880 gender-based markets age-based 1579 00:58:17,480 --> 00:58:22,760 demographics income based segments and 1580 00:58:20,880 --> 00:58:24,760 interest based segments lifestyle 1581 00:58:22,760 --> 00:58:26,440 segments and interest segments would be 1582 00:58:24,760 --> 00:58:28,039 another one so an important question 1583 00:58:26,440 --> 00:58:30,559 that we get asked a lot is why pick a 1584 00:58:28,039 --> 00:58:32,280 niche why not just sell good products 1585 00:58:30,559 --> 00:58:34,559 just in general and the reason we pick a 1586 00:58:32,280 --> 00:58:36,280 niche is because it provides predictable 1587 00:58:34,559 --> 00:58:38,480 and dependable Revenue as it's already 1588 00:58:36,280 --> 00:58:40,760 been battle tested by other companies 1589 00:58:38,480 --> 00:58:43,079 and if you target everyone then your 1590 00:58:40,760 --> 00:58:44,960 target is actually nobody and this is a 1591 00:58:43,079 --> 00:58:47,039 common mistake that I see with a lot of 1592 00:58:44,960 --> 00:58:49,200 beginners and especially drop shipping 1593 00:58:47,039 --> 00:58:50,680 stores they just add every product every 1594 00:58:49,200 --> 00:58:53,160 trendy thing that they can get their 1595 00:58:50,680 --> 00:58:55,280 hands on throw it up on the site and 1596 00:58:53,160 --> 00:58:57,480 there's a certain Tipping Point of just 1597 00:58:55,280 --> 00:58:58,599 adding bestseller or random products 1598 00:58:57,480 --> 00:59:00,319 your site where it just starts to look 1599 00:58:58,599 --> 00:59:02,319 like a Chinese gift shop and it just 1600 00:59:00,319 --> 00:59:04,480 looks like generic crap doesn't look 1601 00:59:02,319 --> 00:59:06,000 like anything trustworthy or it just 1602 00:59:04,480 --> 00:59:08,240 looks like somebody who's trying to make 1603 00:59:06,000 --> 00:59:09,839 a money grab compared to a brand that is 1604 00:59:08,240 --> 00:59:12,240 built around a specific Niche or 1605 00:59:09,839 --> 00:59:14,920 interest to a targeted group of people 1606 00:59:12,240 --> 00:59:17,319 and the entire product line is around 1607 00:59:14,920 --> 00:59:19,039 that topic like yoga for example imagine 1608 00:59:17,319 --> 00:59:21,039 a store where you come to it and it has 1609 00:59:19,039 --> 00:59:23,440 some yoga shirts but then it's mixed in 1610 00:59:21,039 --> 00:59:25,559 with like nature and Outdoors and like 1611 00:59:23,440 --> 00:59:27,440 random stuff so that's why we target a 1612 00:59:25,559 --> 00:59:29,000 specific need because there's more than 1613 00:59:27,440 --> 00:59:30,799 enough people in the niches we're going 1614 00:59:29,000 --> 00:59:33,000 to be talking about that you can make a 1615 00:59:30,799 --> 00:59:34,720 seven and eight figure business just 1616 00:59:33,000 --> 00:59:37,280 selling to them specifically so we'd 1617 00:59:34,720 --> 00:59:40,200 much rather carve out a very targeted 1618 00:59:37,280 --> 00:59:41,839 chunk than try to speak to nobody in the 1619 00:59:40,200 --> 00:59:43,839 greater population and it makes your 1620 00:59:41,839 --> 00:59:45,839 marketing more powerful and our products 1621 00:59:43,839 --> 00:59:48,359 more meaningful it's much easier to get 1622 00:59:45,839 --> 00:59:49,720 customers when we know exactly who we're 1623 00:59:48,359 --> 00:59:51,000 trying to talk to and it's impossible to 1624 00:59:49,720 --> 00:59:53,119 have a brand that is the best in the 1625 00:59:51,000 --> 00:59:55,640 world at multiple things but it's 1626 00:59:53,119 --> 00:59:58,240 shockingly easy to be known broadly for 1627 00:59:55,640 --> 01:00:00,920 just one specific thing and that's what 1628 00:59:58,240 --> 01:00:03,079 we're after CU like I said there's 8.1 1629 01:00:00,920 --> 01:00:05,079 billion people in the world 8.1 billion 1630 01:00:03,079 --> 01:00:08,119 potential customers so let's pick a 1631 01:00:05,079 --> 01:00:10,880 niche that has 1% of that and it's still 1632 01:00:08,119 --> 01:00:13,000 a pretty massive group the product so 1633 01:00:10,880 --> 01:00:15,720 what are we selling to them so the 1634 01:00:13,000 --> 01:00:18,039 possible options are we can do Services 1635 01:00:15,720 --> 01:00:19,720 which is like an agency uh like social 1636 01:00:18,039 --> 01:00:21,520 media marketing if you do somebody's ads 1637 01:00:19,720 --> 01:00:24,119 for them you do digital product which is 1638 01:00:21,520 --> 01:00:25,760 like courses softwares subscriptions so 1639 01:00:24,119 --> 01:00:27,640 charging people in order to have access 1640 01:00:25,760 --> 01:00:29,280 to something and we can do physical 1641 01:00:27,640 --> 01:00:30,839 products which is obviously what we're 1642 01:00:29,280 --> 01:00:33,559 talking about in this course so that's 1643 01:00:30,839 --> 01:00:36,000 apparel Electronics HomeGoods Etc and 1644 01:00:33,559 --> 01:00:38,000 here's an example from Amazon of just 1645 01:00:36,000 --> 01:00:39,640 some of the many categories that a 1646 01:00:38,000 --> 01:00:41,359 person could Target so Consumer 1647 01:00:39,640 --> 01:00:43,359 Electronics Home and Garden Health and 1648 01:00:41,359 --> 01:00:44,960 Beauty toys and games food and beverage 1649 01:00:43,359 --> 01:00:47,760 and apparel which is what we're going to 1650 01:00:44,960 --> 01:00:49,760 be talking about here so why apparel why 1651 01:00:47,760 --> 01:00:53,559 should we sell apparel products compared 1652 01:00:49,760 --> 01:00:55,039 to I don't know Electronics or Furniture 1653 01:00:53,559 --> 01:00:57,440 first reason is that it's very 1654 01:00:55,039 --> 01:00:58,839 customizable it's viral which this is 1655 01:00:57,440 --> 01:01:00,200 something that we can do with print on 1656 01:00:58,839 --> 01:01:02,680 demand that we can't do with Drop 1657 01:01:00,200 --> 01:01:04,319 Shipping and that is huge thing that 1658 01:01:02,680 --> 01:01:06,359 builds brand equity and that is 1659 01:01:04,319 --> 01:01:08,200 differentiation we are able to create 1660 01:01:06,359 --> 01:01:10,559 our own unique products that people 1661 01:01:08,200 --> 01:01:12,200 can't find anywhere else using print on 1662 01:01:10,559 --> 01:01:13,480 demand compared to drop shippers they're 1663 01:01:12,200 --> 01:01:16,200 all just selling the same crap from 1664 01:01:13,480 --> 01:01:18,319 Alibaba and as soon as one drop shipper 1665 01:01:16,200 --> 01:01:20,640 finds remember those fidget Spinners 1666 01:01:18,319 --> 01:01:22,520 they were all exactly the same so yes 1667 01:01:20,640 --> 01:01:25,440 the first people that got in made some 1668 01:01:22,520 --> 01:01:27,599 money but over the long term once other 1669 01:01:25,440 --> 01:01:29,119 drop Shi ERS see that you're selling a 1670 01:01:27,599 --> 01:01:31,280 fidget spinner and there's nothing to 1671 01:01:29,119 --> 01:01:33,440 differentiate you they just rip you off 1672 01:01:31,280 --> 01:01:34,799 sell the exact same thing and they start 1673 01:01:33,440 --> 01:01:36,720 selling it for cheaper than you to 1674 01:01:34,799 --> 01:01:38,079 undercut you and it becomes commoditized 1675 01:01:36,720 --> 01:01:39,480 and it's a race to the bottom and then 1676 01:01:38,079 --> 01:01:41,240 soon the market is flooded and then what 1677 01:01:39,480 --> 01:01:43,720 do you know I I can't tell you how many 1678 01:01:41,240 --> 01:01:45,640 people I talk to that were stuck with 1679 01:01:43,720 --> 01:01:46,839 warehouses filled with fidget spinners 1680 01:01:45,640 --> 01:01:48,599 for that exact reason they got 1681 01:01:46,839 --> 01:01:50,119 commoditized and they got blown out of 1682 01:01:48,599 --> 01:01:52,559 the market next thing is that everyone 1683 01:01:50,119 --> 01:01:54,200 wears them on a daily basis I don't know 1684 01:01:52,559 --> 01:01:56,480 about you guys but I for one wear a 1685 01:01:54,200 --> 01:01:58,480 shirt every day meaning that there's 1686 01:01:56,480 --> 01:02:00,599 repeat purchase potential because they 1687 01:01:58,480 --> 01:02:02,520 also wear out and next thing is that 1688 01:02:00,599 --> 01:02:04,640 they're extremely giftable like a funny 1689 01:02:02,520 --> 01:02:06,880 t-shirt makes an awesome gift for 1690 01:02:04,640 --> 01:02:08,200 stocking stuffers birthdays all kinds of 1691 01:02:06,880 --> 01:02:10,160 stuff which means that people will be 1692 01:02:08,200 --> 01:02:12,920 buying it for more than just thems it's 1693 01:02:10,160 --> 01:02:14,119 also extremely scalable because print on 1694 01:02:12,920 --> 01:02:16,160 demand we're going to be talking about 1695 01:02:14,119 --> 01:02:18,400 how we work with massive printers that 1696 01:02:16,160 --> 01:02:20,960 have insane capacity that can scale up 1697 01:02:18,400 --> 01:02:22,559 to whatever size our businesses compared 1698 01:02:20,960 --> 01:02:24,279 to a lot of other models the supply 1699 01:02:22,559 --> 01:02:25,599 chain becomes a massive headache I'll 1700 01:02:24,279 --> 01:02:26,359 tell you more about that from personal 1701 01:02:25,599 --> 01:02:28,240 experience 1702 01:02:26,359 --> 01:02:29,319 and one of the most important things 1703 01:02:28,240 --> 01:02:31,240 especially when we're starting out is 1704 01:02:29,319 --> 01:02:33,400 that it's extremely easy to Pivot 1705 01:02:31,240 --> 01:02:35,799 meaning that if we are testing out a 1706 01:02:33,400 --> 01:02:37,160 niche and find that it's not working for 1707 01:02:35,799 --> 01:02:40,160 whatever reason or people aren't liking 1708 01:02:37,160 --> 01:02:41,480 our designs we're able to just say okay 1709 01:02:40,160 --> 01:02:43,799 I'm going to go make more designs in 1710 01:02:41,480 --> 01:02:45,079 that Niche instead and no harm no foul 1711 01:02:43,799 --> 01:02:47,160 you didn't invest in a bunch of 1712 01:02:45,079 --> 01:02:49,279 inventory you didn't hire a bunch of 1713 01:02:47,160 --> 01:02:50,799 employees to fulfill your service you 1714 01:02:49,279 --> 01:02:53,200 didn't invest in building any kind of 1715 01:02:50,799 --> 01:02:55,400 expensive software and it's very easy to 1716 01:02:53,200 --> 01:02:57,359 Pivot and quickly test a bunch of 1717 01:02:55,400 --> 01:02:59,599 different things without investing 1718 01:02:57,359 --> 01:03:02,000 hardly any capital and even when it does 1719 01:02:59,599 --> 01:03:03,960 stink invested time into this Niche you 1720 01:03:02,000 --> 01:03:05,880 still learned a ton and those learnings 1721 01:03:03,960 --> 01:03:08,160 compound across the different stores 1722 01:03:05,880 --> 01:03:10,559 like I learned far more from my failure 1723 01:03:08,160 --> 01:03:13,279 stores than the ones that have scaled to 1724 01:03:10,559 --> 01:03:15,200 seven figures and Beyond and it's also a 1725 01:03:13,279 --> 01:03:17,279 really good weight for shipping which 1726 01:03:15,200 --> 01:03:19,520 that's something that can't be 1727 01:03:17,279 --> 01:03:21,799 overstated enough the the logistics 1728 01:03:19,520 --> 01:03:22,880 behind e-commerce are tremendously 1729 01:03:21,799 --> 01:03:24,920 difficult when you get into larger 1730 01:03:22,880 --> 01:03:26,839 products especially when you are working 1731 01:03:24,920 --> 01:03:28,440 with a third party Logistics where you 1732 01:03:26,839 --> 01:03:29,720 open your own Warehouse we we don't want 1733 01:03:28,440 --> 01:03:31,880 any of that we're trying to build 1734 01:03:29,720 --> 01:03:34,599 something that is sustainable can meld 1735 01:03:31,880 --> 01:03:36,920 into our lifestyle and be scalable for 1736 01:03:34,599 --> 01:03:38,440 us and not consume Our Lives essentially 1737 01:03:36,920 --> 01:03:41,240 next thing is that the global print on 1738 01:03:38,440 --> 01:03:43,599 demand Market is booming and expected to 1739 01:03:41,240 --> 01:03:44,920 Boom for the next decade or so however 1740 01:03:43,599 --> 01:03:48,000 long they're forecasting it out like 1741 01:03:44,920 --> 01:03:50,880 looking at this chart it's growing by 1742 01:03:48,000 --> 01:03:55,440 27.8% year-over-year and it's forecasted 1743 01:03:50,880 --> 01:03:57,440 to be a$ 43 billion Doll Market by 2032 1744 01:03:55,440 --> 01:03:59,400 now these are it's talking about like 1745 01:03:57,440 --> 01:04:02,640 softwares like printify and stuff but 1746 01:03:59,400 --> 01:04:04,480 those are byproducts of the demand for 1747 01:04:02,640 --> 01:04:06,119 print on demand products so point being 1748 01:04:04,480 --> 01:04:07,319 people are buying t-shirts and at the 1749 01:04:06,119 --> 01:04:08,400 end of the day there needs to be demand 1750 01:04:07,319 --> 01:04:10,240 for the products that we're selling no 1751 01:04:08,400 --> 01:04:11,839 matter what business you're in and print 1752 01:04:10,240 --> 01:04:13,440 on demand is one that like for all the 1753 01:04:11,839 --> 01:04:14,920 reasons we just talked about it's a 1754 01:04:13,440 --> 01:04:17,079 growing Trend and it's going to continue 1755 01:04:14,920 --> 01:04:18,359 to be that way so when people say like 1756 01:04:17,079 --> 01:04:20,279 print on demand is dead or it's 1757 01:04:18,359 --> 01:04:22,039 saturated no yeah there might be more 1758 01:04:20,279 --> 01:04:23,760 people selling because AI has made it 1759 01:04:22,039 --> 01:04:25,760 more accessible but the demand is 1760 01:04:23,760 --> 01:04:27,279 growing just as fast if not even f 1761 01:04:25,760 --> 01:04:29,160 faster and we're going to talk about 1762 01:04:27,279 --> 01:04:30,680 this later but the real demand and the 1763 01:04:29,160 --> 01:04:32,200 real winners out there are going to be 1764 01:04:30,680 --> 01:04:33,799 the ones that are doing what we're doing 1765 01:04:32,200 --> 01:04:36,839 and that's building Brands not just 1766 01:04:33,799 --> 01:04:38,240 Hawkin t-shirts on Amazon and Redbubble 1767 01:04:36,839 --> 01:04:40,480 for cash flow we're going to be building 1768 01:04:38,240 --> 01:04:43,000 a real brand with recognizable image 1769 01:04:40,480 --> 01:04:44,359 that we can send emails to our customers 1770 01:04:43,000 --> 01:04:46,680 and they'll buy from us whether it's on 1771 01:04:44,359 --> 01:04:48,680 Shopify or any platform building a real 1772 01:04:46,680 --> 01:04:50,640 following here's another chart showing 1773 01:04:48,680 --> 01:04:51,960 the print on demand market and the 1774 01:04:50,640 --> 01:04:54,200 important piece to note is that there 1775 01:04:51,960 --> 01:04:56,640 are a lot of other products outside of 1776 01:04:54,200 --> 01:04:59,240 just apparel that have massive demand 1777 01:04:56,640 --> 01:05:00,839 home decor drink wear are two other big 1778 01:04:59,240 --> 01:05:03,160 ones within this course we're going to 1779 01:05:00,839 --> 01:05:05,640 be focusing specifically on the apparel 1780 01:05:03,160 --> 01:05:07,760 because it's the best product category 1781 01:05:05,640 --> 01:05:09,720 to get started in but we'll also talk 1782 01:05:07,760 --> 01:05:11,839 about the expansion opportunities for 1783 01:05:09,720 --> 01:05:13,559 later on down the line number three is 1784 01:05:11,839 --> 01:05:15,359 fulfillment so how are we going to be 1785 01:05:13,559 --> 01:05:16,640 fulfilling the product so a couple of 1786 01:05:15,359 --> 01:05:19,079 different options there's sell 1787 01:05:16,640 --> 01:05:21,400 fulfillment so this would be if we as 1788 01:05:19,079 --> 01:05:23,119 the seller personally stored packed and 1789 01:05:21,400 --> 01:05:25,520 shipped all the products directly to the 1790 01:05:23,119 --> 01:05:27,760 customer so picture if we bought a bunch 1791 01:05:25,520 --> 01:05:29,720 of t-shirts in advance thre them in our 1792 01:05:27,760 --> 01:05:31,680 garage then as an order comes in we go 1793 01:05:29,720 --> 01:05:33,960 out to the garage and ship it to the 1794 01:05:31,680 --> 01:05:36,200 customer that's one option not going to 1795 01:05:33,960 --> 01:05:38,240 do that you could order inventory Plus 1796 01:05:36,200 --> 01:05:40,079 work with a third party logistics 1797 01:05:38,240 --> 01:05:42,640 company so what that looks like is we 1798 01:05:40,079 --> 01:05:45,559 would find a supplier in China or 1799 01:05:42,640 --> 01:05:48,240 wherever negotiate with them to order 1800 01:05:45,559 --> 01:05:51,000 like t-shirts and bulk ship it to the US 1801 01:05:48,240 --> 01:05:52,160 print on it and then ship it to a third 1802 01:05:51,000 --> 01:05:53,960 party Logistics Center which is 1803 01:05:52,160 --> 01:05:55,839 basically just a warehouse it's just a 1804 01:05:53,960 --> 01:05:57,920 warehouse that you contract your 1805 01:05:55,839 --> 01:06:00,160 fulfillment Al to and then when an order 1806 01:05:57,920 --> 01:06:01,839 comes in from your Shopify store the 1807 01:06:00,160 --> 01:06:03,599 warehouse would pick it off the shelf 1808 01:06:01,839 --> 01:06:05,160 and ship it to them we could drop ship 1809 01:06:03,599 --> 01:06:06,839 which is where the seller takes the 1810 01:06:05,160 --> 01:06:08,960 order but the product is then shipped 1811 01:06:06,839 --> 01:06:11,319 directly to the customer which print on 1812 01:06:08,960 --> 01:06:12,720 demand is like a subset of Drop Shipping 1813 01:06:11,319 --> 01:06:14,200 but a lot better in my opinion 1814 01:06:12,720 --> 01:06:15,880 eliminating the need for the seller to 1815 01:06:14,200 --> 01:06:17,559 hold the inventory and then lastly 1816 01:06:15,880 --> 01:06:19,440 there's print on demand which is like 1817 01:06:17,559 --> 01:06:21,440 Drop Shipping except the product is 1818 01:06:19,440 --> 01:06:23,599 printed when the order comes in now how 1819 01:06:21,440 --> 01:06:25,400 3pl works just again this is just to 1820 01:06:23,599 --> 01:06:27,599 give a frame of reference so that when 1821 01:06:25,400 --> 01:06:28,720 you hear about Amazon FBA and like 1822 01:06:27,599 --> 01:06:30,960 different business model you have a 1823 01:06:28,720 --> 01:06:33,240 mental model or understanding of where 1824 01:06:30,960 --> 01:06:36,039 these things fit in which for me as I've 1825 01:06:33,240 --> 01:06:38,039 learned it's been absolutely crucial in 1826 01:06:36,039 --> 01:06:39,640 my success is learning what else is out 1827 01:06:38,039 --> 01:06:42,279 there so I know what to do and what not 1828 01:06:39,640 --> 01:06:44,880 to do and why I'm working on what I am 1829 01:06:42,279 --> 01:06:46,400 so how 3pl works is basically like I 1830 01:06:44,880 --> 01:06:47,839 already said you ship the goods to the 1831 01:06:46,400 --> 01:06:49,920 warehouse the warehouse receives the 1832 01:06:47,839 --> 01:06:52,039 product they store it and manage the 1833 01:06:49,920 --> 01:06:53,599 your inventory then they pick and pack 1834 01:06:52,039 --> 01:06:55,839 your products when an order comes in and 1835 01:06:53,599 --> 01:06:57,680 they ship it to the customers and and 1836 01:06:55,839 --> 01:06:59,880 the warehouse will handle all returns 1837 01:06:57,680 --> 01:07:01,720 couple of examples of three PL companies 1838 01:06:59,880 --> 01:07:04,520 their part of logistics are shipmonk 1839 01:07:01,720 --> 01:07:06,200 shipbob and Amazon FBA I've personally 1840 01:07:04,520 --> 01:07:08,160 worked with all of these actually 1841 01:07:06,200 --> 01:07:10,480 chipmunk is based out of Florida I used 1842 01:07:08,160 --> 01:07:12,279 to work at Amazon so these are all 1843 01:07:10,480 --> 01:07:14,400 options they're pretty similar so how 1844 01:07:12,279 --> 01:07:15,920 the Drop Shipping model works is like 1845 01:07:14,400 --> 01:07:17,240 pretty reductive but when a customer 1846 01:07:15,920 --> 01:07:19,599 places an order that order is 1847 01:07:17,240 --> 01:07:22,240 automatically sent to the retailer or 1848 01:07:19,599 --> 01:07:24,640 the manufacturer and they then either 1849 01:07:22,240 --> 01:07:26,640 have the the goods pre-manufactured or 1850 01:07:24,640 --> 01:07:28,520 they will make it on demand and then 1851 01:07:26,640 --> 01:07:31,440 they will ship it to your customer and 1852 01:07:28,520 --> 01:07:33,480 that's pretty much it but we'll talk 1853 01:07:31,440 --> 01:07:35,200 about the downsides in a second but some 1854 01:07:33,480 --> 01:07:38,440 examples of drop shipping companies are 1855 01:07:35,200 --> 01:07:40,200 autod DS overow and AliExpress probably 1856 01:07:38,440 --> 01:07:42,240 heard of all of these they all basically 1857 01:07:40,200 --> 01:07:43,960 do a combination of the same things they 1858 01:07:42,240 --> 01:07:46,400 just go out to a bunch of different 1859 01:07:43,960 --> 01:07:49,079 warehouses or manufacturers in China and 1860 01:07:46,400 --> 01:07:51,119 get a catalog of their products and list 1861 01:07:49,079 --> 01:07:52,960 them on their site they basically just 1862 01:07:51,119 --> 01:07:55,079 build an integration between the 1863 01:07:52,960 --> 01:07:56,799 warehouse or all the this catalog of 1864 01:07:55,079 --> 01:07:58,720 products and your Shopify store when 1865 01:07:56,799 --> 01:08:00,640 your order comes in goes to your Shopify 1866 01:07:58,720 --> 01:08:02,920 store goes through their app they then 1867 01:08:00,640 --> 01:08:04,520 route it to the right manufacturer pass 1868 01:08:02,920 --> 01:08:06,119 the information and then they just 1869 01:08:04,520 --> 01:08:08,240 charge you like a subscription or a 1870 01:08:06,119 --> 01:08:10,359 percentage it's basically how they all 1871 01:08:08,240 --> 01:08:12,559 Operate Now how print on demand works is 1872 01:08:10,359 --> 01:08:15,039 a customer places an order say the 1873 01:08:12,559 --> 01:08:17,359 example we used before $26.99 or let's 1874 01:08:15,039 --> 01:08:19,120 just use their example 30 uh then they 1875 01:08:17,359 --> 01:08:21,199 forward the order to the print on man 1876 01:08:19,120 --> 01:08:22,880 printer so like we use printify and the 1877 01:08:21,199 --> 01:08:24,799 printer within them is Monster Digital 1878 01:08:22,880 --> 01:08:27,359 so order comes in they print on the 1879 01:08:24,799 --> 01:08:29,040 T-shirt and then they ship it out to the 1880 01:08:27,359 --> 01:08:30,960 customer we make the profit in between 1881 01:08:29,040 --> 01:08:33,719 the key difference again is that it's 1882 01:08:30,960 --> 01:08:35,839 our own artwork it's not just some 1883 01:08:33,719 --> 01:08:37,679 generic cataloged product it's actually 1884 01:08:35,839 --> 01:08:39,799 something that's unique that people will 1885 01:08:37,679 --> 01:08:41,480 only be able to find and buy from us 1886 01:08:39,799 --> 01:08:43,640 this is just an example of what a print 1887 01:08:41,480 --> 01:08:45,640 on demand facility can look like to give 1888 01:08:43,640 --> 01:08:48,159 you a frame and reference like on the Le 1889 01:08:45,640 --> 01:08:50,520 hand side here image those are the 1890 01:08:48,159 --> 01:08:53,000 massive printers that they use that are 1891 01:08:50,520 --> 01:08:55,199 able to just crank through t-shirts you 1892 01:08:53,000 --> 01:08:57,199 can buy like the home like heat press 1893 01:08:55,199 --> 01:08:59,319 ones one shirt at a time it's much worse 1894 01:08:57,199 --> 01:09:00,880 quality with these the print actually 1895 01:08:59,319 --> 01:09:03,679 feels like it's part of the shirt rather 1896 01:09:00,880 --> 01:09:05,839 than just that crinkly crap that sits on 1897 01:09:03,679 --> 01:09:07,080 top going through companies like these 1898 01:09:05,839 --> 01:09:08,920 their machines make it feel like 1899 01:09:07,080 --> 01:09:11,239 something really high quality and 1900 01:09:08,920 --> 01:09:13,000 they'll just have uh a bunch of Blanks 1901 01:09:11,239 --> 01:09:15,080 on the Shelf like the example at the 1902 01:09:13,000 --> 01:09:17,440 bottom when your order comes in they go 1903 01:09:15,080 --> 01:09:19,040 grab whatever color T-shirt it is throw 1904 01:09:17,440 --> 01:09:20,880 it on the printer their printer 1905 01:09:19,040 --> 01:09:23,000 electronically already has your images 1906 01:09:20,880 --> 01:09:24,799 stored and prints it on the T-shirt they 1907 01:09:23,000 --> 01:09:27,679 then take it off the printer throw it in 1908 01:09:24,799 --> 01:09:29,440 a a poly mailer like a little bag slap a 1909 01:09:27,679 --> 01:09:32,640 shipping label on it and it goes out the 1910 01:09:29,440 --> 01:09:34,000 door to USPS FedEx or whatever shipping 1911 01:09:32,640 --> 01:09:35,600 provider they work with a couple 1912 01:09:34,000 --> 01:09:38,199 examples of print on demand companies 1913 01:09:35,600 --> 01:09:40,759 are printify printful and Jato these are 1914 01:09:38,199 --> 01:09:42,920 the big three by far the most well-known 1915 01:09:40,759 --> 01:09:44,880 brands in print on demand and we're 1916 01:09:42,920 --> 01:09:46,920 using printify I've worked with all 1917 01:09:44,880 --> 01:09:48,640 three of these and printify has been by 1918 01:09:46,920 --> 01:09:50,120 far the best experience we'll talk more 1919 01:09:48,640 --> 01:09:52,000 about that in a second but onto our 1920 01:09:50,120 --> 01:09:54,440 store so where can people buy from us we 1921 01:09:52,000 --> 01:09:56,360 have brick and mortar which would be if 1922 01:09:54,440 --> 01:09:58,840 we open up a store front like a t-shirt 1923 01:09:56,360 --> 01:10:01,560 shop we have marketplaces which are like 1924 01:09:58,840 --> 01:10:04,360 Etsy Amazon Redbubble Etc then we have 1925 01:10:01,560 --> 01:10:07,040 Standalone stores which is Magento woo 1926 01:10:04,360 --> 01:10:09,040 Commerce woo Commerce is a subset of 1927 01:10:07,040 --> 01:10:10,679 Wordpress and then we have Shopify and 1928 01:10:09,040 --> 01:10:12,920 Shopify is the one we're going to be 1929 01:10:10,679 --> 01:10:15,239 going with for a ton of reasons but it's 1930 01:10:12,920 --> 01:10:17,400 just know that it's by far the best it's 1931 01:10:15,239 --> 01:10:19,679 price is comparable to all the others 1932 01:10:17,400 --> 01:10:21,280 and no doubt like you can remove this 1933 01:10:19,679 --> 01:10:23,360 decision point in your mind go with 1934 01:10:21,280 --> 01:10:25,040 Shopify don't even bother I've used all 1935 01:10:23,360 --> 01:10:27,280 the other ones don't even bother going 1936 01:10:25,040 --> 01:10:29,120 with them Shopify converts far better 1937 01:10:27,280 --> 01:10:30,600 and it's just much more userfriendly it 1938 01:10:29,120 --> 01:10:32,280 has so many more apps built on the 1939 01:10:30,600 --> 01:10:33,800 platform specifically for e-commerce 1940 01:10:32,280 --> 01:10:35,760 sellers but again it's our own 1941 01:10:33,800 --> 01:10:37,760 Standalone store so it's not like we're 1942 01:10:35,760 --> 01:10:39,480 owned by the marketplaces like Amazon 1943 01:10:37,760 --> 01:10:41,360 Etsy Redbubble we're building our own 1944 01:10:39,480 --> 01:10:43,080 brand following and and asset which 1945 01:10:41,360 --> 01:10:45,239 we're about to talk about marketplaces 1946 01:10:43,080 --> 01:10:47,600 versus storefront so Shopify versus 1947 01:10:45,239 --> 01:10:49,800 Amazon Etsy and Redbubble what's the 1948 01:10:47,600 --> 01:10:51,239 difference and an easy metaphor to 1949 01:10:49,800 --> 01:10:53,920 understand this is that being in a 1950 01:10:51,239 --> 01:10:56,560 Marketplace is if you open a popup shop 1951 01:10:53,920 --> 01:10:58,800 in a mall so the Mall already has all of 1952 01:10:56,560 --> 01:11:00,840 its own traffic its own customers you 1953 01:10:58,800 --> 01:11:02,600 basically pay rent to be in the mall but 1954 01:11:00,840 --> 01:11:05,080 you get the benefit of there's already 1955 01:11:02,600 --> 01:11:07,120 people there they've already got shelves 1956 01:11:05,080 --> 01:11:08,440 set up for you you basically just go in 1957 01:11:07,120 --> 01:11:10,440 throw up your own products on the 1958 01:11:08,440 --> 01:11:12,400 shelves and start making some sales the 1959 01:11:10,440 --> 01:11:14,600 downsides like we talk about our there's 1960 01:11:12,400 --> 01:11:17,000 a lot of them but just to finish off the 1961 01:11:14,600 --> 01:11:19,480 metaphor our Shopify store if we opened 1962 01:11:17,000 --> 01:11:21,400 up a standalone shop on our own we're 1963 01:11:19,480 --> 01:11:23,040 not building it up out of the ground 1964 01:11:21,400 --> 01:11:25,320 because Shopify gives us a lot of tools 1965 01:11:23,040 --> 01:11:27,880 to get started but it is our own 1966 01:11:25,320 --> 01:11:30,600 Standalone website like in order to buy 1967 01:11:27,880 --> 01:11:33,360 from a Marketplace store Front you would 1968 01:11:30,600 --> 01:11:36,159 go to amazon.com back/ whatever your 1969 01:11:33,360 --> 01:11:38,840 storefront name is to buy from a Shopify 1970 01:11:36,159 --> 01:11:40,800 store you just go to your brand name.com 1971 01:11:38,840 --> 01:11:42,600 that which is a massive difference so 1972 01:11:40,800 --> 01:11:44,480 that's why we build the storefront the 1973 01:11:42,600 --> 01:11:45,639 marketplaces to summarize it are good 1974 01:11:44,480 --> 01:11:47,480 for cash flow but you're not really 1975 01:11:45,639 --> 01:11:50,280 building an asset because you can get 1976 01:11:47,480 --> 01:11:53,199 kicked off at any point Shopify is 1977 01:11:50,280 --> 01:11:55,280 building an actual asset because you are 1978 01:11:53,199 --> 01:11:56,920 the boss they won't kick you off they'll 1979 01:11:55,280 --> 01:11:58,440 kick you off if you do something illegal 1980 01:11:56,920 --> 01:11:59,719 but again it's not about Shopify it's 1981 01:11:58,440 --> 01:12:02,400 about the fact that it's a standalone 1982 01:11:59,719 --> 01:12:03,600 website so if you do something messed up 1983 01:12:02,400 --> 01:12:05,199 you have to really screw up to get 1984 01:12:03,600 --> 01:12:06,840 kicked off of Shopify I know some people 1985 01:12:05,199 --> 01:12:09,320 got kicked off like during Co and stuff 1986 01:12:06,840 --> 01:12:11,520 but even if you do you just go rebuild 1987 01:12:09,320 --> 01:12:13,320 your exact store under woocomerce or 1988 01:12:11,520 --> 01:12:14,960 Magento or something else yet which yes 1989 01:12:13,320 --> 01:12:16,440 it'll be crappier but the experience of 1990 01:12:14,960 --> 01:12:18,639 the customer you still maintain 1991 01:12:16,440 --> 01:12:20,880 everything like you're not really losing 1992 01:12:18,639 --> 01:12:23,120 anything to the customer it looks 1993 01:12:20,880 --> 01:12:25,239 exactly the same whereas if you get 1994 01:12:23,120 --> 01:12:27,920 kicked off of a red bubble or Amazon you 1995 01:12:25,239 --> 01:12:30,560 have nothing you are at Square zero and 1996 01:12:27,920 --> 01:12:32,080 you have no business anymore so the pros 1997 01:12:30,560 --> 01:12:34,679 like I said is built-in traffic it's 1998 01:12:32,080 --> 01:12:37,080 easy to set up and it's low risk 1999 01:12:34,679 --> 01:12:39,239 relatively uh but it's also low reward 2000 01:12:37,080 --> 01:12:40,760 the cons are that it's much higher 2001 01:12:39,239 --> 01:12:42,440 competition like when people go to 2002 01:12:40,760 --> 01:12:44,120 Amazon they are not just shopping for 2003 01:12:42,440 --> 01:12:46,440 your products they are comparing your 2004 01:12:44,120 --> 01:12:49,040 products very actively to everybody else 2005 01:12:46,440 --> 01:12:51,280 on the market there's a lot higher fees 2006 01:12:49,040 --> 01:12:53,840 like transaction fees and just like 2007 01:12:51,280 --> 01:12:55,320 listing fees and then you also this is 2008 01:12:53,840 --> 01:12:58,159 the biggest one you don't get any of the 2009 01:12:55,320 --> 01:13:00,520 customer data because if Amazon gave you 2010 01:12:58,159 --> 01:13:01,880 like an email just imagine this if every 2011 01:13:00,520 --> 01:13:04,400 time you bought from Amazon you got 2012 01:13:01,880 --> 01:13:05,840 added to a new business's email list 2013 01:13:04,400 --> 01:13:07,159 think about how bad of an experience 2014 01:13:05,840 --> 01:13:08,400 that would be and Amazon doesn't want 2015 01:13:07,159 --> 01:13:09,679 that they're in the business of keeping 2016 01:13:08,400 --> 01:13:12,480 the customer happy not keeping the 2017 01:13:09,679 --> 01:13:13,600 seller happy necessarily so you're not 2018 01:13:12,480 --> 01:13:15,719 getting any of the customer data 2019 01:13:13,600 --> 01:13:18,480 compared to on Shopify we're building 2020 01:13:15,719 --> 01:13:20,320 our email list which is a massive asset 2021 01:13:18,480 --> 01:13:23,320 that we can then use however we want we 2022 01:13:20,320 --> 01:13:25,520 can use for follow-ups for cross sales 2023 01:13:23,320 --> 01:13:27,520 for promotions for holiday sales sales 2024 01:13:25,520 --> 01:13:30,440 and every sale that we make from that is 2025 01:13:27,520 --> 01:13:32,480 60% profit margin and that's why I'm 2026 01:13:30,440 --> 01:13:33,960 really excited for that section of this 2027 01:13:32,480 --> 01:13:35,960 course cuz it's going to make people 2028 01:13:33,960 --> 01:13:37,600 like a really good passive income if you 2029 01:13:35,960 --> 01:13:39,400 set up the flows that we show to you but 2030 01:13:37,600 --> 01:13:41,960 anyway the cons you can be kicked off at 2031 01:13:39,400 --> 01:13:43,560 any point and again can't iterate this 2032 01:13:41,960 --> 01:13:46,000 enough you are not building an asset 2033 01:13:43,560 --> 01:13:48,280 You're Building cash flow and we'll talk 2034 01:13:46,000 --> 01:13:50,400 about how you can use Etsy and these 2035 01:13:48,280 --> 01:13:51,440 channels to augment your brand but the 2036 01:13:50,400 --> 01:13:53,840 real thing that we're going to be 2037 01:13:51,440 --> 01:13:55,360 building is a brand that people 2038 01:13:53,840 --> 01:13:57,560 recognize and they fall in love with the 2039 01:13:55,360 --> 01:13:59,880 brand like yoga stay was an actual brand 2040 01:13:57,560 --> 01:14:01,920 like people came to know the name we 2041 01:13:59,880 --> 01:14:03,719 started selling on Etsy down the road 2042 01:14:01,920 --> 01:14:05,520 and our sales went pretty well out of 2043 01:14:03,719 --> 01:14:07,159 the gate because people already knew who 2044 01:14:05,520 --> 01:14:08,280 we were but again we want to be building 2045 01:14:07,159 --> 01:14:10,520 an asset something that'll stand the 2046 01:14:08,280 --> 01:14:12,400 test of time the pros for Standalone 2047 01:14:10,520 --> 01:14:14,400 stores we have brand control we get the 2048 01:14:12,400 --> 01:14:16,239 customer data there's no fees aside from 2049 01:14:14,400 --> 01:14:18,520 transaction fees and we're building an 2050 01:14:16,239 --> 01:14:20,719 actual asset that we can actually sell 2051 01:14:18,520 --> 01:14:21,800 and exit from down the road the cons 2052 01:14:20,719 --> 01:14:23,000 though are that obviously you have to 2053 01:14:21,800 --> 01:14:25,600 drive your own traffic there's no 2054 01:14:23,000 --> 01:14:28,120 built-in mall traffic and you have 2055 01:14:25,600 --> 01:14:29,520 operational responsibility of everything 2056 01:14:28,120 --> 01:14:31,000 the puck stops with you when you're 2057 01:14:29,520 --> 01:14:32,440 selling on your own store compared to on 2058 01:14:31,000 --> 01:14:33,880 a Marketplace there's a lot of bumpers 2059 01:14:32,440 --> 01:14:35,960 up for you like there's a lot more to 2060 01:14:33,880 --> 01:14:37,560 manage if you don't know where to look 2061 01:14:35,960 --> 01:14:39,520 and like where to focus your time which 2062 01:14:37,560 --> 01:14:41,120 is exactly why we're doing this course 2063 01:14:39,520 --> 01:14:42,880 so that you can be pointed in the right 2064 01:14:41,120 --> 01:14:44,320 direction and have your checklist of 2065 01:14:42,880 --> 01:14:45,920 what your time should be spent on and 2066 01:14:44,320 --> 01:14:47,679 you don't get stuck in the shiny object 2067 01:14:45,920 --> 01:14:49,400 syndrome of holy crap there's so many 2068 01:14:47,679 --> 01:14:51,199 apps that I could be using I just want 2069 01:14:49,400 --> 01:14:53,159 to use them all I've been there we want 2070 01:14:51,199 --> 01:14:55,480 to avoid that that's why we use Shopify 2071 01:14:53,159 --> 01:14:56,639 so next is traffic and our traffic is 2072 01:14:55,480 --> 01:14:58,719 basically how are people going to be 2073 01:14:56,639 --> 01:15:02,920 finding out about us so options for this 2074 01:14:58,719 --> 01:15:05,400 would be Billboards tv ads radio ads 2075 01:15:02,920 --> 01:15:07,920 influencers and Facebook ads word of 2076 01:15:05,400 --> 01:15:09,560 mouth and email marketing and Google ads 2077 01:15:07,920 --> 01:15:11,239 so those are the the bottom four the 2078 01:15:09,560 --> 01:15:13,080 ones that we're going to be prioritizing 2079 01:15:11,239 --> 01:15:15,120 Billboards tv ads radio ads those are 2080 01:15:13,080 --> 01:15:16,719 just throwaway examples give something 2081 01:15:15,120 --> 01:15:17,880 concrete that we're all familiar with 2082 01:15:16,719 --> 01:15:20,120 we're not going to be doing any of those 2083 01:15:17,880 --> 01:15:22,520 because the bottom four are far more 2084 01:15:20,120 --> 01:15:25,120 effective so here's our business model 2085 01:15:22,520 --> 01:15:26,400 stack overview so we talked about the 2086 01:15:25,120 --> 01:15:27,920 market that we're going to be choosing a 2087 01:15:26,400 --> 01:15:29,560 niche because we want to be speaking to 2088 01:15:27,920 --> 01:15:31,400 one group of people and that's true for 2089 01:15:29,560 --> 01:15:34,440 any business not just print on demand 2090 01:15:31,400 --> 01:15:36,560 it's true for software agencies Drop 2091 01:15:34,440 --> 01:15:38,639 Shipping every business it's better to 2092 01:15:36,560 --> 01:15:40,520 start off Niche and expand from there 2093 01:15:38,639 --> 01:15:41,719 next we talk about what our product is 2094 01:15:40,520 --> 01:15:43,280 going to be we talked about the 2095 01:15:41,719 --> 01:15:45,600 different products you can sell you can 2096 01:15:43,280 --> 01:15:48,719 sell Services software agency 2097 01:15:45,600 --> 01:15:50,199 memberships Consulting info products and 2098 01:15:48,719 --> 01:15:52,600 then there's physical products then 2099 01:15:50,199 --> 01:15:54,080 within physical products there's apparel 2100 01:15:52,600 --> 01:15:55,480 as one of the categories and I didn't 2101 01:15:54,080 --> 01:15:56,840 quite touch on this but with a lot of 2102 01:15:55,480 --> 01:15:57,800 the other categories there's a lot of 2103 01:15:56,840 --> 01:16:00,199 problems that go into it like 2104 01:15:57,800 --> 01:16:02,679 Electronics there's a ton of rules and 2105 01:16:00,199 --> 01:16:04,880 regulations around how you can import it 2106 01:16:02,679 --> 01:16:06,120 how you like labeling children's 2107 01:16:04,880 --> 01:16:07,840 products that was actually one of the 2108 01:16:06,120 --> 01:16:09,679 first businesses I tried to start right 2109 01:16:07,840 --> 01:16:12,199 out of college I tried jumping into 2110 01:16:09,679 --> 01:16:14,480 selling a slam dunk product children's 2111 01:16:12,199 --> 01:16:16,679 toys thought I found like a great Gap in 2112 01:16:14,480 --> 01:16:19,600 an Amazon market then quickly got blown 2113 01:16:16,679 --> 01:16:21,719 away by the amount of red tape and legal 2114 01:16:19,600 --> 01:16:23,600 hoopsy if to jump through so there's a 2115 01:16:21,719 --> 01:16:25,480 lot of problem with other categories 2116 01:16:23,600 --> 01:16:27,520 apparel is one of the best for all the 2117 01:16:25,480 --> 01:16:29,960 reasons we talked about then we're going 2118 01:16:27,520 --> 01:16:33,360 to be fulfilling using print on demand 2119 01:16:29,960 --> 01:16:34,840 compared to 3pl or drop shipping and 2120 01:16:33,360 --> 01:16:36,560 we're going to be using printify 2121 01:16:34,840 --> 01:16:38,000 specifically then we talked about our 2122 01:16:36,560 --> 01:16:39,360 storefront like how people are going to 2123 01:16:38,000 --> 01:16:41,280 be able to buy from us talk about the 2124 01:16:39,360 --> 01:16:43,199 differences between marketplaces versus 2125 01:16:41,280 --> 01:16:45,440 standal in stores why we're going to be 2126 01:16:43,199 --> 01:16:47,280 using Shopify and then as for our 2127 01:16:45,440 --> 01:16:50,719 traffic we're going to be using Facebook 2128 01:16:47,280 --> 01:16:53,000 ads email Google We'll add like Tik Tok 2129 01:16:50,719 --> 01:16:54,960 at some point but Facebook has been very 2130 01:16:53,000 --> 01:16:56,280 consistent for us over the past it don't 2131 01:16:54,960 --> 01:16:57,920 get me wrong it's frustrating sometimes 2132 01:16:56,280 --> 01:16:59,239 but it's amazing traffic source so 2133 01:16:57,920 --> 01:17:00,960 altogether hopefully this has helped 2134 01:16:59,239 --> 01:17:03,199 paint a picture of what the business 2135 01:17:00,960 --> 01:17:05,600 model is how it's going to operate and 2136 01:17:03,199 --> 01:17:07,920 just want to show one last example which 2137 01:17:05,600 --> 01:17:11,600 is to finally put to bed the confusion 2138 01:17:07,920 --> 01:17:13,159 around how the marketplace model works 2139 01:17:11,600 --> 01:17:16,239 is like the difference between 2140 01:17:13,159 --> 01:17:18,760 marketplaces versus selling on Shopify 2141 01:17:16,239 --> 01:17:20,520 and why we do Shopify it's like we 2142 01:17:18,760 --> 01:17:23,080 talked about we drive Facebook ads to 2143 01:17:20,520 --> 01:17:25,000 our own store make our products fill it 2144 01:17:23,080 --> 01:17:26,880 with printify and there's all this back 2145 01:17:25,000 --> 01:17:29,239 and stuff whereas if you sell on Etsy 2146 01:17:26,880 --> 01:17:31,520 your traffic comes from Etsy your email 2147 01:17:29,239 --> 01:17:34,440 marketing is done through Etsy your 2148 01:17:31,520 --> 01:17:35,840 store is on Etsy fulfill with pry still 2149 01:17:34,440 --> 01:17:37,199 cuz Etsy doesn't do fulfillment and then 2150 01:17:35,840 --> 01:17:40,679 your customer service is done through 2151 01:17:37,199 --> 01:17:43,159 Etsy so can you see if you notice the 2152 01:17:40,679 --> 01:17:44,920 problem where this is your business that 2153 01:17:43,159 --> 01:17:46,719 you invested a year of your life into 2154 01:17:44,920 --> 01:17:48,480 and then Etsy gets mad at you for some 2155 01:17:46,719 --> 01:17:51,040 reason and they decide to kick you off 2156 01:17:48,480 --> 01:17:52,600 or ban your account then this goes away 2157 01:17:51,040 --> 01:17:54,360 and this goes away what are you left 2158 01:17:52,600 --> 01:17:55,760 with you're left with a printify account 2159 01:17:54,360 --> 01:17:57,280 with a bunch of of products uploaded 2160 01:17:55,760 --> 01:18:00,080 into it that nobody can buy from that 2161 01:17:57,280 --> 01:18:02,280 kind of sucks merch by Amazon is similar 2162 01:18:00,080 --> 01:18:04,800 with the exception of they also do your 2163 01:18:02,280 --> 01:18:07,440 fulfillment so now if Amazon gets mad at 2164 01:18:04,800 --> 01:18:08,560 you that goes away and that goes away 2165 01:18:07,440 --> 01:18:11,440 yeah and the reason that this isn't 2166 01:18:08,560 --> 01:18:13,239 buying an asset is imagine you're a 2167 01:18:11,440 --> 01:18:15,400 potential business buyer who's looking 2168 01:18:13,239 --> 01:18:18,040 to invest in a business that you could 2169 01:18:15,400 --> 01:18:20,280 see growing for the next 5 years the 2170 01:18:18,040 --> 01:18:22,199 first thing a potential acquirer 2171 01:18:20,280 --> 01:18:24,360 evaluates is what's the level of risk to 2172 01:18:22,199 --> 01:18:26,920 this business are they Diversified or is 2173 01:18:24,360 --> 01:18:29,800 there some kind of of scenario that 2174 01:18:26,920 --> 01:18:32,239 could completely tank my potential asset 2175 01:18:29,800 --> 01:18:33,560 and if if you were in their shoes and 2176 01:18:32,239 --> 01:18:35,639 you're familiar with e-commerce would 2177 01:18:33,560 --> 01:18:37,800 you look at somebody who's selling on 2178 01:18:35,639 --> 01:18:39,639 just Etsy that they're waiting for the 2179 01:18:37,800 --> 01:18:41,199 shoe to drop and Etsy kick them off 2180 01:18:39,639 --> 01:18:43,120 would you go look at that business and 2181 01:18:41,199 --> 01:18:44,679 say yeah I'm fine with that massive risk 2182 01:18:43,120 --> 01:18:46,239 that 100% of the business could be gone 2183 01:18:44,679 --> 01:18:48,560 overnight or would you look at this 2184 01:18:46,239 --> 01:18:51,239 business where it's Diversified across 2185 01:18:48,560 --> 01:18:53,520 platforms and even if say Shopify gets 2186 01:18:51,239 --> 01:18:55,159 mad at you you still have the rest of 2187 01:18:53,520 --> 01:18:57,400 your business standing and you can just 2188 01:18:55,159 --> 01:19:00,199 them plug in woocommerce or any of the 2189 01:18:57,400 --> 01:19:02,880 other sites but again Shopify getting 2190 01:19:00,199 --> 01:19:04,520 kicking anybody off is extremely rare 1% 2191 01:19:02,880 --> 01:19:06,199 of the time compared to Etsy and Amazon 2192 01:19:04,520 --> 01:19:08,360 and then last thing we'll cover in this 2193 01:19:06,199 --> 01:19:09,800 lesson is the flywheel this is an 2194 01:19:08,360 --> 01:19:11,480 important concept to understand CU this 2195 01:19:09,800 --> 01:19:14,159 is how we are really going to build the 2196 01:19:11,480 --> 01:19:16,440 business and get past the onetoone like 2197 01:19:14,159 --> 01:19:18,560 effort in one reward out from the 2198 01:19:16,440 --> 01:19:20,360 business operator standpoint and that is 2199 01:19:18,560 --> 01:19:21,960 what can we get compounding for us in 2200 01:19:20,360 --> 01:19:23,920 the business and that really comes down 2201 01:19:21,960 --> 01:19:25,280 to Word of Mouth and like a quality 2202 01:19:23,920 --> 01:19:27,800 customer experience the way that we 2203 01:19:25,280 --> 01:19:29,679 start that flywheel is a new customer 2204 01:19:27,800 --> 01:19:31,280 makes a first purchase we then deliver 2205 01:19:29,679 --> 01:19:32,520 an amazing product and experience which 2206 01:19:31,280 --> 01:19:34,280 we'll talk about all the different ways 2207 01:19:32,520 --> 01:19:35,960 we can do that long story short just run 2208 01:19:34,280 --> 01:19:38,120 a good ethical business and be kind to 2209 01:19:35,960 --> 01:19:39,480 your customers and that good stuff will 2210 01:19:38,120 --> 01:19:41,199 happen over a long enough period 2211 01:19:39,480 --> 01:19:42,880 reinvest The Profit into making more 2212 01:19:41,199 --> 01:19:45,280 designs that's a big mistake that a lot 2213 01:19:42,880 --> 01:19:47,600 of people make is they put up 20 or 30 2214 01:19:45,280 --> 01:19:49,159 designs get a couple sales and they try 2215 01:19:47,600 --> 01:19:51,920 to take all the money out you want to 2216 01:19:49,159 --> 01:19:54,320 reinvest that to get this flywheel 2217 01:19:51,920 --> 01:19:55,600 really going viewing it as taking $1 out 2218 01:19:54,320 --> 01:19:57,840 now is the equivalent to taking out 2219 01:19:55,600 --> 01:20:00,080 $11,000 later next we have our email and 2220 01:19:57,840 --> 01:20:02,080 SMS retargeting ads to follow up with 2221 01:20:00,080 --> 01:20:03,920 people build that customer relationship 2222 01:20:02,080 --> 01:20:05,920 build more sales get them to come back 2223 01:20:03,920 --> 01:20:07,679 into the flywheel get a repeat purchase 2224 01:20:05,920 --> 01:20:09,600 deliver another amazing experience and 2225 01:20:07,679 --> 01:20:11,080 get Word of Mouth get them telling their 2226 01:20:09,600 --> 01:20:12,639 friends and word of mouth is really the 2227 01:20:11,080 --> 01:20:14,719 only type of marketing that can truly 2228 01:20:12,639 --> 01:20:16,560 compound everything else is just like 2229 01:20:14,719 --> 01:20:18,199 linear you can scale up ads you can 2230 01:20:16,560 --> 01:20:20,000 scale up your email marketing but word 2231 01:20:18,199 --> 01:20:21,639 of mouth is the one way that you get one 2232 01:20:20,000 --> 01:20:23,080 person who tells two friends those two 2233 01:20:21,639 --> 01:20:25,040 friends tell two friends it's 2234 01:20:23,080 --> 01:20:26,920 exponential so this is what working 2235 01:20:25,040 --> 01:20:28,600 towards and at the end of the day as 2236 01:20:26,920 --> 01:20:31,120 you're doing this flywheel which by the 2237 01:20:28,600 --> 01:20:33,159 way you can't do this part or that part 2238 01:20:31,120 --> 01:20:35,280 on Etsy or Amazon you you have no 2239 01:20:33,159 --> 01:20:37,040 control over that you can't even like 2240 01:20:35,280 --> 01:20:38,520 really control a lot of this and people 2241 01:20:37,040 --> 01:20:40,199 aren't and this is another important 2242 01:20:38,520 --> 01:20:41,679 point is that on Etsy and Amazon people 2243 01:20:40,199 --> 01:20:43,639 aren't necessarily buying from you 2244 01:20:41,679 --> 01:20:45,239 because of your brand they're buying 2245 01:20:43,639 --> 01:20:47,400 from you just because of the product 2246 01:20:45,239 --> 01:20:48,880 compared to when people are navigating 2247 01:20:47,400 --> 01:20:50,960 specifically to your Brand store they're 2248 01:20:48,880 --> 01:20:52,920 buying from you because of who you are 2249 01:20:50,960 --> 01:20:55,040 that's where real like brand equity and 2250 01:20:52,920 --> 01:20:56,600 value comes from is when people are 2251 01:20:55,040 --> 01:20:58,239 buying from you because of what who you 2252 01:20:56,600 --> 01:21:00,199 are what you stand for and that they 2253 01:20:58,239 --> 01:21:01,480 like your company and not just oh this 2254 01:21:00,199 --> 01:21:02,600 is a neat shirt that's the point we're 2255 01:21:01,480 --> 01:21:03,960 trying to get past and that's the 2256 01:21:02,600 --> 01:21:05,320 perception a lot of people have I think 2257 01:21:03,960 --> 01:21:07,719 about print on demand is that you're 2258 01:21:05,320 --> 01:21:09,320 just selling like neat t-shirts we're in 2259 01:21:07,719 --> 01:21:11,280 this course what we're doing different 2260 01:21:09,320 --> 01:21:13,480 we're really trying to build a brand we 2261 01:21:11,280 --> 01:21:15,360 just so happen to fulfill the we just so 2262 01:21:13,480 --> 01:21:16,639 happen to sell t-shirts because of all 2263 01:21:15,360 --> 01:21:19,040 the reasons we talked about and then we 2264 01:21:16,639 --> 01:21:20,679 just so happen to fulfill those t-shirts 2265 01:21:19,040 --> 01:21:22,719 with print on demand because it's 2266 01:21:20,679 --> 01:21:25,280 requires no Capital to get started it's 2267 01:21:22,719 --> 01:21:26,920 very easy to Pivot no inventory it ships 2268 01:21:25,280 --> 01:21:28,600 directly to the customer and allows us 2269 01:21:26,920 --> 01:21:30,320 to focus on the most important stuff in 2270 01:21:28,600 --> 01:21:32,480 the business we're building a real brand 2271 01:21:30,320 --> 01:21:34,320 we just so happen to sell t-shirts and 2272 01:21:32,480 --> 01:21:36,159 we just so happen to fill with print on 2273 01:21:34,320 --> 01:21:38,159 demand as the business grows those two 2274 01:21:36,159 --> 01:21:39,719 things can change but keep that focus in 2275 01:21:38,159 --> 01:21:41,760 mind that we're building a real brand 2276 01:21:39,719 --> 01:21:43,400 we're not just a t-shirt store so that's 2277 01:21:41,760 --> 01:21:45,040 the business model that's what we're 2278 01:21:43,400 --> 01:21:47,480 working towards hopefully this has 2279 01:21:45,040 --> 01:21:49,520 helped give a 10,000 foot view of the 2280 01:21:47,480 --> 01:21:51,360 different business models and ways that 2281 01:21:49,520 --> 01:21:53,520 you could build your own so that's the 2282 01:21:51,360 --> 01:21:54,880 10,000 ft view of this business model 2283 01:21:53,520 --> 01:21:57,520 hopefully this has helped give a 2284 01:21:54,880 --> 01:21:59,159 perspective as to the other models out 2285 01:21:57,520 --> 01:22:00,960 there like Drop Shipping and stuff like 2286 01:21:59,159 --> 01:22:03,199 that so now when you hear about those 2287 01:22:00,960 --> 01:22:05,199 things you can just put your blinders on 2288 01:22:03,199 --> 01:22:06,840 completely ignore them know that yes 2289 01:22:05,199 --> 01:22:09,400 there is opportunity there like there is 2290 01:22:06,840 --> 01:22:11,000 with lots of stuff but this opportunity 2291 01:22:09,400 --> 01:22:12,600 that we're focusing on is the one that's 2292 01:22:11,000 --> 01:22:14,440 worth your time and more importantly 2293 01:22:12,600 --> 01:22:16,360 worth your time for an extended period 2294 01:22:14,440 --> 01:22:17,800 that was the objective of this lesson I 2295 01:22:16,360 --> 01:22:21,080 hope you enjoyed it and I'll see you in 2296 01:22:17,800 --> 01:22:21,080 the next one 2297 01:22:23,000 --> 01:22:32,280 [Music] 2298 01:22:31,080 --> 01:22:34,800 in this lesson we're going to be looking 2299 01:22:32,280 --> 01:22:36,639 at some case studies and results that we 2300 01:22:34,800 --> 01:22:38,560 can expect with this kind of business 2301 01:22:36,639 --> 01:22:41,040 model and specifically we're going to be 2302 01:22:38,560 --> 01:22:43,760 looking at my case study from my brand 2303 01:22:41,040 --> 01:22:46,679 called yoga stay which started a couple 2304 01:22:43,760 --> 01:22:48,960 years ago and ran it for almost 2 years 2305 01:22:46,679 --> 01:22:51,280 exactly scaled it to just over $3 2306 01:22:48,960 --> 01:22:52,880 million in sales and then sold it to a 2307 01:22:51,280 --> 01:22:54,159 company called open store but we're 2308 01:22:52,880 --> 01:22:56,440 going to be looking at this case study 2309 01:22:54,159 --> 01:22:58,159 to see not just what these businesses 2310 01:22:56,440 --> 01:23:00,560 can do in the beginning but what the 2311 01:22:58,159 --> 01:23:02,639 growth and like the 2 to threee plan for 2312 01:23:00,560 --> 01:23:04,120 them can look like and the options you 2313 01:23:02,639 --> 01:23:06,000 have down the road like how you can 2314 01:23:04,120 --> 01:23:08,239 evolve it pivot it whatever you want to 2315 01:23:06,000 --> 01:23:09,960 do just to give us a frame of reference 2316 01:23:08,239 --> 01:23:12,400 and here's some of the other screenshots 2317 01:23:09,960 --> 01:23:14,360 and examples of stores that I've done 2318 01:23:12,400 --> 01:23:16,239 this model with and again that's just 2319 01:23:14,360 --> 01:23:18,480 print on demand and then once you get 2320 01:23:16,239 --> 01:23:20,600 past a certain threshold you can start 2321 01:23:18,480 --> 01:23:22,040 selling any kinds of other products so 2322 01:23:20,600 --> 01:23:23,480 just always keep in mind that print onom 2323 01:23:22,040 --> 01:23:26,199 man is just the Fulfillment model that 2324 01:23:23,480 --> 01:23:28,760 we use and it's not like the actual 2325 01:23:26,199 --> 01:23:31,120 business itself so yeah here's yoga stay 2326 01:23:28,760 --> 01:23:34,880 like I said we scaled it to $3.6 million 2327 01:23:31,120 --> 01:23:38,000 in sales 125,000 customer contacts and 2328 01:23:34,880 --> 01:23:41,760 we founded it in February of 2020 and 2329 01:23:38,000 --> 01:23:45,080 then sold it in February of 2022 so the 2330 01:23:41,760 --> 01:23:47,280 sales and metrics just showing you this 2331 01:23:45,080 --> 01:23:48,840 as a frame of reference in general our 2332 01:23:47,280 --> 01:23:51,120 conversion rates that we see nowadays 2333 01:23:48,840 --> 01:23:54,040 are in like the 2 to 2 and 1 half% range 2334 01:23:51,120 --> 01:23:56,360 we just get cheaper traffic but yoga had 2335 01:23:54,040 --> 01:23:59,120 really strong first couple of months but 2336 01:23:56,360 --> 01:24:01,760 we had a 3.1% conversion rate $55 2337 01:23:59,120 --> 01:24:03,280 average order value and the sales there 2338 01:24:01,760 --> 01:24:04,840 that like backs out discounts and 2339 01:24:03,280 --> 01:24:07,760 refunds and stuff that's why it's 2340 01:24:04,840 --> 01:24:10,040 different than the 3.6 number couple of 2341 01:24:07,760 --> 01:24:12,000 things that we ran into with yoga stay 2342 01:24:10,040 --> 01:24:13,840 just to give you an idea of some of the 2343 01:24:12,000 --> 01:24:16,440 major decisions you'll have to make 2344 01:24:13,840 --> 01:24:18,199 along the way is like I said we had 2345 01:24:16,440 --> 01:24:21,400 strong first couple of months and then 2346 01:24:18,199 --> 01:24:23,040 in January of 2021 I'll talk about this 2347 01:24:21,400 --> 01:24:24,840 one first we had to switch our print 2348 01:24:23,040 --> 01:24:26,639 provider away from print 2349 01:24:24,840 --> 01:24:29,280 to somebody else because prfi was having 2350 01:24:26,639 --> 01:24:31,120 a lot of outages due to covid related 2351 01:24:29,280 --> 01:24:32,800 like stock issues so we ended up having 2352 01:24:31,120 --> 01:24:35,400 to make the decision to switch to a 2353 01:24:32,800 --> 01:24:36,960 print provider that had the ability to 2354 01:24:35,400 --> 01:24:39,000 not just do print on demand but also 2355 01:24:36,960 --> 01:24:40,639 co-ack products which I'm going to talk 2356 01:24:39,000 --> 01:24:42,199 more about that in a second how we were 2357 01:24:40,639 --> 01:24:44,000 able to start offering like yoga mats 2358 01:24:42,199 --> 01:24:46,080 and stuff like that but in December of 2359 01:24:44,000 --> 01:24:48,560 2020 we had a bunch of covid related 2360 01:24:46,080 --> 01:24:51,119 outages and after switching we were able 2361 01:24:48,560 --> 01:24:52,639 to turn sales back on so that was pretty 2362 01:24:51,119 --> 01:24:53,920 challenging something I never had to 2363 01:24:52,639 --> 01:24:56,159 deal with you shouldn't have that 2364 01:24:53,920 --> 01:24:58,920 problem much anymore gilden's not really 2365 01:24:56,159 --> 01:25:00,960 running out of stock these days but it's 2366 01:24:58,920 --> 01:25:03,040 part of the history of yoga stay uh we 2367 01:25:00,960 --> 01:25:04,800 even filed the yoga trademark and here 2368 01:25:03,040 --> 01:25:07,920 are some of our top sellers and you can 2369 01:25:04,800 --> 01:25:09,880 go look this store up yoga st.co and see 2370 01:25:07,920 --> 01:25:12,480 all these products but a key point to 2371 01:25:09,880 --> 01:25:14,719 take away from this is that the top four 2372 01:25:12,480 --> 01:25:16,440 or five products here made up a large 2373 01:25:14,719 --> 01:25:18,400 percentage of the overall sales like we 2374 01:25:16,440 --> 01:25:21,119 had hundreds of products and as you can 2375 01:25:18,400 --> 01:25:22,840 see these five products made up like a 2376 01:25:21,119 --> 01:25:24,440 pretty good chunk of that and the lesson 2377 01:25:22,840 --> 01:25:26,119 to take away is that it's really 2378 01:25:24,440 --> 01:25:28,520 important that we keep testing lots of 2379 01:25:26,119 --> 01:25:30,320 products until we find these winners cuz 2380 01:25:28,520 --> 01:25:32,960 it can completely change a store like 2381 01:25:30,320 --> 01:25:35,040 overnight having winners versus not and 2382 01:25:32,960 --> 01:25:37,360 you never know which design is going to 2383 01:25:35,040 --> 01:25:38,840 be that winner like any of these I 2384 01:25:37,360 --> 01:25:40,480 wouldn't have said would be a best 2385 01:25:38,840 --> 01:25:42,760 seller like I certainly wouldn't have 2386 01:25:40,480 --> 01:25:45,080 thought that the yinyang bonsai tree 2387 01:25:42,760 --> 01:25:47,520 t-shirt would have sold $100,000 worth 2388 01:25:45,080 --> 01:25:49,239 that's just how it goes and also this is 2389 01:25:47,520 --> 01:25:52,119 back when we were only charging like $1 2390 01:25:49,239 --> 01:25:55,320 19 to $20 for a shirt now we're charging 2391 01:25:52,119 --> 01:25:57,639 anywhere from 26 to2 9 depending on the 2392 01:25:55,320 --> 01:25:59,119 size and this is just more a couple more 2393 01:25:57,639 --> 01:26:01,600 slides from our pitch deck when we were 2394 01:25:59,119 --> 01:26:03,880 going to sell it we had 485 products we 2395 01:26:01,600 --> 01:26:05,880 had 22 different styles of yoga mats 23 2396 01:26:03,880 --> 01:26:08,320 styles of different yoga pants and again 2397 01:26:05,880 --> 01:26:09,920 number two and three the mats and pants 2398 01:26:08,320 --> 01:26:12,840 we only started offering those once we 2399 01:26:09,920 --> 01:26:15,719 were placing orders from suppliers in 2400 01:26:12,840 --> 01:26:17,520 China to uh have our own like product 2401 01:26:15,719 --> 01:26:19,119 line and not just do print on demand 2402 01:26:17,520 --> 01:26:22,360 that's an example how you can expand it 2403 01:26:19,119 --> 01:26:24,560 over time uh we had 2600 Plus customer 2404 01:26:22,360 --> 01:26:26,159 reviews it was a really fun brand 2405 01:26:24,560 --> 01:26:27,880 because you're getting like tons of 2406 01:26:26,159 --> 01:26:29,320 feedback from customers and they're all 2407 01:26:27,880 --> 01:26:31,239 loving it that you can build like a 2408 01:26:29,320 --> 01:26:33,119 really cool Community around it and 2409 01:26:31,239 --> 01:26:34,520 that's why I recommend that if you're 2410 01:26:33,119 --> 01:26:35,960 starting out with one of these Brands 2411 01:26:34,520 --> 01:26:38,000 choose something that you're also 2412 01:26:35,960 --> 01:26:39,639 passionate about like my business 2413 01:26:38,000 --> 01:26:42,000 partner and I on this brand love doing 2414 01:26:39,639 --> 01:26:43,840 yoga and so for us this was like pretty 2415 01:26:42,000 --> 01:26:46,119 cool and it was right up our alley so we 2416 01:26:43,840 --> 01:26:48,159 like we've been in and around like yogis 2417 01:26:46,119 --> 01:26:50,560 so like we know like what they like what 2418 01:26:48,159 --> 01:26:53,040 they talk about types of language like 2419 01:26:50,560 --> 01:26:54,639 their demeanor like little intricacies 2420 01:26:53,040 --> 01:26:57,080 that you wouldn't be aware of unless you 2421 01:26:54,639 --> 01:26:59,000 were like part of that demographic like 2422 01:26:57,080 --> 01:27:01,280 for example like the hunting Niche I 2423 01:26:59,000 --> 01:27:03,400 know nothing about it so it wouldn't be 2424 01:27:01,280 --> 01:27:05,199 a good Niche for me to go after because 2425 01:27:03,400 --> 01:27:06,560 I don't know like what they find funny I 2426 01:27:05,199 --> 01:27:08,800 don't know like the terminology and 2427 01:27:06,560 --> 01:27:10,360 slang terms and like how they interact I 2428 01:27:08,800 --> 01:27:12,320 don't know any of that stuff there 2429 01:27:10,360 --> 01:27:13,960 somebody there's millions of hunters out 2430 01:27:12,320 --> 01:27:15,159 there be could be a great Niche for 2431 01:27:13,960 --> 01:27:16,800 somebody who's been doing that their 2432 01:27:15,159 --> 01:27:18,320 entire life and second thing I'll say 2433 01:27:16,800 --> 01:27:21,000 about the customer reviews is that this 2434 01:27:18,320 --> 01:27:23,679 is the goal happy customers equals a 2435 01:27:21,000 --> 01:27:25,119 happy thriving brand and that was 2436 01:27:23,679 --> 01:27:27,199 something that we were fortunate to 2437 01:27:25,119 --> 01:27:28,800 figure out early on in yoga day was that 2438 01:27:27,199 --> 01:27:30,760 really at the end of the day boils down 2439 01:27:28,800 --> 01:27:33,040 to how happy is your customer and not 2440 01:27:30,760 --> 01:27:34,960 about your bottom line like when we were 2441 01:27:33,040 --> 01:27:37,639 first starting out I focused on profit 2442 01:27:34,960 --> 01:27:39,560 first customer later now I realized that 2443 01:27:37,639 --> 01:27:41,239 number one it's a lot more fun and 2444 01:27:39,560 --> 01:27:42,760 rewarding focusing on the customer first 2445 01:27:41,239 --> 01:27:45,639 but two you end up making a lot more 2446 01:27:42,760 --> 01:27:47,400 profit when you switch your focus and as 2447 01:27:45,639 --> 01:27:49,800 you're going to be seeing later on in 2448 01:27:47,400 --> 01:27:52,159 this course the store that we set up was 2449 01:27:49,800 --> 01:27:54,280 Bare Bones extremely simple and it 2450 01:27:52,159 --> 01:27:55,760 doesn't have to be a complicated store I 2451 01:27:54,280 --> 01:27:58,480 won't break the point now cuz we're 2452 01:27:55,760 --> 01:28:00,880 going to dive into this in detail later 2453 01:27:58,480 --> 01:28:03,040 but it was a very simple store we had 2454 01:28:00,880 --> 01:28:04,760 about 50 products when we first launch 2455 01:28:03,040 --> 01:28:06,320 this was I got this picture from way 2456 01:28:04,760 --> 01:28:08,520 back machine that's why some of them are 2457 01:28:06,320 --> 01:28:10,560 missing but yeah it's extremely simple 2458 01:28:08,520 --> 01:28:13,239 it's just the products build trust you 2459 01:28:10,560 --> 01:28:14,560 have a fast sight load speed and that's 2460 01:28:13,239 --> 01:28:16,280 all there is to it anytime I tried to 2461 01:28:14,560 --> 01:28:17,679 build like a big beautiful website it 2462 01:28:16,280 --> 01:28:18,960 always converted way worse than 2463 01:28:17,679 --> 01:28:21,000 something like this and that's why this 2464 01:28:18,960 --> 01:28:23,440 business model is so attainable to a lot 2465 01:28:21,000 --> 01:28:26,040 of people is that you can do something 2466 01:28:23,440 --> 01:28:27,840 very simple it doesn't have to be like a 2467 01:28:26,040 --> 01:28:30,440 really complex buildout brand it can 2468 01:28:27,840 --> 01:28:32,400 just be collection page product page 2469 01:28:30,440 --> 01:28:33,800 cart checkout that's it and over time 2470 01:28:32,400 --> 01:28:36,400 like I said we started ordering yoga 2471 01:28:33,800 --> 01:28:38,719 mats and pants and holding a bunch of 2472 01:28:36,400 --> 01:28:41,440 inventory and around like the 2 to three 2473 01:28:38,719 --> 01:28:43,040 million markish is where things start to 2474 01:28:41,440 --> 01:28:45,040 get a lot more challenging like from a 2475 01:28:43,040 --> 01:28:46,760 supply chain standpoint so that's where 2476 01:28:45,040 --> 01:28:48,199 you can either choose to keep doing 2477 01:28:46,760 --> 01:28:50,119 print on demand like working with 2478 01:28:48,199 --> 01:28:51,440 Printery or printful or you can go this 2479 01:28:50,119 --> 01:28:54,199 route just depends on if you want it to 2480 01:28:51,440 --> 01:28:56,280 be a Lifestyle brand or not kind of like 2481 01:28:54,199 --> 01:28:58,320 this new brand that I've been showing in 2482 01:28:56,280 --> 01:28:59,960 our 0o to a million print on demand 2483 01:28:58,320 --> 01:29:01,679 challenge this is a new brand that we 2484 01:28:59,960 --> 01:29:03,719 started up completely from scratch my 2485 01:29:01,679 --> 01:29:05,360 wife and I Meg we just wanted this to be 2486 01:29:03,719 --> 01:29:08,320 a Lifestyle brand we didn't want this to 2487 01:29:05,360 --> 01:29:09,920 be like full-time job like 80 hours a 2488 01:29:08,320 --> 01:29:12,560 week working on it we just wanted it to 2489 01:29:09,920 --> 01:29:14,880 be like fun like we each spend like a 2490 01:29:12,560 --> 01:29:17,600 handful of hours per week if that 2491 01:29:14,880 --> 01:29:19,119 building the store and it's lower margin 2492 01:29:17,600 --> 01:29:21,800 than we could get if we went like the 2493 01:29:19,119 --> 01:29:23,600 3pl route but it all depends on what you 2494 01:29:21,800 --> 01:29:25,880 want and so these are two different case 2495 01:29:23,600 --> 01:29:28,199 studies for different types of scenarios 2496 01:29:25,880 --> 01:29:29,920 yoga stay I was full-time like it was my 2497 01:29:28,199 --> 01:29:32,080 life my partner and I were working on it 2498 01:29:29,920 --> 01:29:33,719 like non-stop along with three other 2499 01:29:32,080 --> 01:29:36,639 brands which that's a whole another 2500 01:29:33,719 --> 01:29:38,000 story always just do one brand but yeah 2501 01:29:36,639 --> 01:29:39,840 yoga day we really wanted to build it 2502 01:29:38,000 --> 01:29:42,159 out and see what it could turn into and 2503 01:29:39,840 --> 01:29:44,280 with this brand we just are mostly doing 2504 01:29:42,159 --> 01:29:46,360 it to as like a handful of hours per 2505 01:29:44,280 --> 01:29:48,480 week we have no aspirations to grow this 2506 01:29:46,360 --> 01:29:50,520 into like an eight fig Powerhouse by any 2507 01:29:48,480 --> 01:29:52,199 means we're staying on printify slightly 2508 01:29:50,520 --> 01:29:54,880 lower margins but still extremely 2509 01:29:52,199 --> 01:29:56,639 profitable and it requires a fraction of 2510 01:29:54,880 --> 01:30:00,000 the amount of time and this brand we 2511 01:29:56,639 --> 01:30:02,199 started from scratch July 1 and it's on 2512 01:30:00,000 --> 01:30:04,159 track to do seven figures within the 2513 01:30:02,199 --> 01:30:06,920 first year I think we're going to hit it 2514 01:30:04,159 --> 01:30:10,159 like 10 months within launch and this 2515 01:30:06,920 --> 01:30:12,920 store we launched with about 50 to 75 2516 01:30:10,159 --> 01:30:15,639 designs and it was a basic store it 2517 01:30:12,920 --> 01:30:18,239 looked like this one almost exactly like 2518 01:30:15,639 --> 01:30:20,080 this just using the debut theme or 2519 01:30:18,239 --> 01:30:21,960 whatever the default Shopify theme is I 2520 01:30:20,080 --> 01:30:24,159 think they call it Dawn now and 2521 01:30:21,960 --> 01:30:25,960 extremely simple we just chose a niche 2522 01:30:24,159 --> 01:30:27,480 found that it was a passionate Niche 2523 01:30:25,960 --> 01:30:30,080 that people were buying in because we 2524 01:30:27,480 --> 01:30:32,840 did the bumper sticker test launched 50 2525 01:30:30,080 --> 01:30:35,600 or 75 designs and things went well so we 2526 01:30:32,840 --> 01:30:37,000 started increasing the ad spend and now 2527 01:30:35,600 --> 01:30:38,920 we're at that turning point where we 2528 01:30:37,000 --> 01:30:40,320 could either decide to double down or we 2529 01:30:38,920 --> 01:30:42,159 could decide to just keep making a 2530 01:30:40,320 --> 01:30:44,159 Lifestyle brand and we like I already 2531 01:30:42,159 --> 01:30:46,040 said we went the ladder but decisions up 2532 01:30:44,159 --> 01:30:48,119 to you went through this in the print on 2533 01:30:46,040 --> 01:30:50,320 demand challenge just showing step byep 2534 01:30:48,119 --> 01:30:52,040 every week the sales updates and showing 2535 01:30:50,320 --> 01:30:54,239 the p&l so you can go check those videos 2536 01:30:52,040 --> 01:30:55,760 out if you want and some important case 2537 01:30:54,239 --> 01:30:57,280 that I want to show you are a lot of 2538 01:30:55,760 --> 01:30:59,000 failures that I had along the way and 2539 01:30:57,280 --> 01:31:00,639 I'm showing you this so you realize that 2540 01:30:59,000 --> 01:31:02,159 if this seems like too good to be true 2541 01:31:00,639 --> 01:31:05,800 like I'm making it sound like it's too 2542 01:31:02,159 --> 01:31:08,639 straightforward there's a a trail of 2543 01:31:05,800 --> 01:31:11,119 Shopify store bodies behind me that 2544 01:31:08,639 --> 01:31:13,119 makes me be able to say that follow this 2545 01:31:11,119 --> 01:31:16,400 model and it works because I went 2546 01:31:13,119 --> 01:31:18,440 through stuff like this like Royal cats 2547 01:31:16,400 --> 01:31:21,600 where we were selling cat jewelry 2548 01:31:18,440 --> 01:31:25,480 necklaces then we had a zodiology store 2549 01:31:21,600 --> 01:31:28,080 we had Serene jewelry we we had a funny 2550 01:31:25,480 --> 01:31:31,320 like tongue and cheek um like nature 2551 01:31:28,080 --> 01:31:33,560 brand like a environmental brand where 2552 01:31:31,320 --> 01:31:35,840 we sold stuff like save the chubby 2553 01:31:33,560 --> 01:31:37,920 chubby mermaids nobody was buying this 2554 01:31:35,840 --> 01:31:40,040 these were all examples of stores that 2555 01:31:37,920 --> 01:31:41,119 performed extremely poorly but the good 2556 01:31:40,040 --> 01:31:42,679 news is that we're able to learn from 2557 01:31:41,119 --> 01:31:44,560 them and the difference between the 2558 01:31:42,679 --> 01:31:46,040 losers and the winners nine times out of 2559 01:31:44,560 --> 01:31:48,440 10 just comes down to choosing the right 2560 01:31:46,040 --> 01:31:50,000 Niche having enough highquality products 2561 01:31:48,440 --> 01:31:51,639 that are based on best sellers that you 2562 01:31:50,000 --> 01:31:53,400 see in the market from the research that 2563 01:31:51,639 --> 01:31:54,760 we're going to do and that was all stuff 2564 01:31:53,400 --> 01:31:57,080 that in the beginning I wasn't doing any 2565 01:31:54,760 --> 01:31:58,679 of that we were just like basically just 2566 01:31:57,080 --> 01:32:00,719 brainstorming oh maybe that could be 2567 01:31:58,679 --> 01:32:02,280 good and then launching a store coming 2568 01:32:00,719 --> 01:32:04,119 up with some products that we thought 2569 01:32:02,280 --> 01:32:05,880 looked good wasn't really based on 2570 01:32:04,119 --> 01:32:08,560 anything at all and then we would get 2571 01:32:05,880 --> 01:32:10,560 poor results now we know a lot better we 2572 01:32:08,560 --> 01:32:13,360 know to choose a really passionate Niche 2573 01:32:10,560 --> 01:32:15,760 we know how to find and recreate really 2574 01:32:13,360 --> 01:32:17,679 high quality like best-selling viral 2575 01:32:15,760 --> 01:32:20,040 potential products and we know how to 2576 01:32:17,679 --> 01:32:22,840 like read the metrics and iterate a lot 2577 01:32:20,040 --> 01:32:25,000 faster so there's a trail of like 2578 01:32:22,840 --> 01:32:26,480 failure stores that that have paved the 2579 01:32:25,000 --> 01:32:28,800 way for these lessons learned that 2580 01:32:26,480 --> 01:32:30,719 turned into stores like yoga day but it 2581 01:32:28,800 --> 01:32:32,119 was not that just right out of the gate 2582 01:32:30,719 --> 01:32:34,280 so don't think that I'm saying this is 2583 01:32:32,119 --> 01:32:36,040 so easy like there's nothing to it there 2584 01:32:34,280 --> 01:32:38,480 certainly is but that's why we're making 2585 01:32:36,040 --> 01:32:40,119 this intensely Long training so that you 2586 01:32:38,480 --> 01:32:41,239 can learn from all those lessons learn 2587 01:32:40,119 --> 01:32:42,719 and for the people that are patient 2588 01:32:41,239 --> 01:32:44,600 enough to get through this entire 2589 01:32:42,719 --> 01:32:47,119 training you're going to have the 2590 01:32:44,600 --> 01:32:49,360 benefit of 7 years of experience 2591 01:32:47,119 --> 01:32:51,400 millions of dollars in ad spend and 20 2592 01:32:49,360 --> 01:32:54,520 plus million doll in sales condense down 2593 01:32:51,400 --> 01:32:56,920 into 20 hours is so that's the idea idea 2594 01:32:54,520 --> 01:32:59,040 and along with that you're watching the 2595 01:32:56,920 --> 01:33:01,159 next case study in the making because as 2596 01:32:59,040 --> 01:33:02,840 we're setting this up we are going to be 2597 01:33:01,159 --> 01:33:04,840 creating a brand new store completely 2598 01:33:02,840 --> 01:33:07,560 from scratch and then I'm going to be 2599 01:33:04,840 --> 01:33:08,760 posting the after we launch this uh I'm 2600 01:33:07,560 --> 01:33:11,040 going to be posting the day-by-day 2601 01:33:08,760 --> 01:33:13,880 results as a case study showing how 2602 01:33:11,040 --> 01:33:15,679 we're scaling that brand up from zero to 2603 01:33:13,880 --> 01:33:17,119 six figures in sales I think we can do 2604 01:33:15,679 --> 01:33:18,560 it within the first month or two and 2605 01:33:17,119 --> 01:33:19,840 we're going to be sharing that in the 2606 01:33:18,560 --> 01:33:21,920 community that you can building it 2607 01:33:19,840 --> 01:33:23,560 alongside you and we're even going to be 2608 01:33:21,920 --> 01:33:25,239 revealing the store name which the 2609 01:33:23,560 --> 01:33:27,719 reason reason we're doing that is to 2610 01:33:25,239 --> 01:33:30,159 help people learn watch along with us in 2611 01:33:27,719 --> 01:33:32,239 real time the downside for that is the 2612 01:33:30,159 --> 01:33:33,719 store is as soon as it starts doing well 2613 01:33:32,239 --> 01:33:35,600 people there's going to be some people 2614 01:33:33,719 --> 01:33:37,520 watching this that are going to a rip it 2615 01:33:35,600 --> 01:33:40,920 off for sure but number two it's going 2616 01:33:37,520 --> 01:33:42,840 to get spammed to death with bots in 2617 01:33:40,920 --> 01:33:45,119 like the comment sections of our ads 2618 01:33:42,840 --> 01:33:46,400 which tanks the performance because 2619 01:33:45,119 --> 01:33:48,199 basically people who know how to code 2620 01:33:46,400 --> 01:33:50,360 and create Bots will put up their own 2621 01:33:48,199 --> 01:33:51,880 websites of the exact same products and 2622 01:33:50,360 --> 01:33:54,199 then they will automatically create 2623 01:33:51,880 --> 01:33:56,840 hundreds of accounts to like autod 2624 01:33:54,199 --> 01:33:58,920 detect our ads and comment and reply to 2625 01:33:56,840 --> 01:34:00,400 every single person with a direct link 2626 01:33:58,920 --> 01:34:02,040 to their product that's their Drop 2627 01:34:00,400 --> 01:34:03,280 Shipping from like China so it's 2628 01:34:02,040 --> 01:34:05,400 terrible quality but they're able to get 2629 01:34:03,280 --> 01:34:06,880 it cheaper so long story short the 2630 01:34:05,400 --> 01:34:08,840 performance is going to get tanked 2631 01:34:06,880 --> 01:34:10,800 eventually but the point of this is to 2632 01:34:08,840 --> 01:34:12,880 show it as an example and to show that 2633 01:34:10,800 --> 01:34:15,920 we're getting real sales even if it does 2634 01:34:12,880 --> 01:34:18,000 end up costing us pretty dearly but 2635 01:34:15,920 --> 01:34:20,000 anyway so those are the case studies to 2636 01:34:18,000 --> 01:34:21,840 show you examples of like how this can 2637 01:34:20,000 --> 01:34:23,760 work and another point that I want to 2638 01:34:21,840 --> 01:34:26,119 make is that those stores were ones that 2639 01:34:23,760 --> 01:34:27,920 that I have run and my wife and I have 2640 01:34:26,119 --> 01:34:29,199 run but this has worked for dozens of 2641 01:34:27,920 --> 01:34:30,840 other people and I've specifically 2642 01:34:29,199 --> 01:34:32,520 helped like friends and fam start 2643 01:34:30,840 --> 01:34:34,199 businesses like these they've scaled it 2644 01:34:32,520 --> 01:34:35,840 to seven figures like people with no 2645 01:34:34,199 --> 01:34:38,600 previous business experience they're 2646 01:34:35,840 --> 01:34:41,320 just like passionate about a niche and 2647 01:34:38,600 --> 01:34:42,560 they follow basically this exact process 2648 01:34:41,320 --> 01:34:44,719 it's part of the reason I'm making this 2649 01:34:42,560 --> 01:34:46,040 is that it's a very repeatable process 2650 01:34:44,719 --> 01:34:47,679 that people have asked me about a lot of 2651 01:34:46,040 --> 01:34:49,600 times so I'm just finally documenting 2652 01:34:47,679 --> 01:34:51,119 all of it but that point being friends 2653 01:34:49,600 --> 01:34:52,440 and family have their own case studies 2654 01:34:51,119 --> 01:34:53,840 I'm not going to share their stores but 2655 01:34:52,440 --> 01:34:55,920 they have case studies of hitting 2656 01:34:53,840 --> 01:34:57,480 figures with zero previous experience 2657 01:34:55,920 --> 01:34:59,520 they just followed this process 2658 01:34:57,480 --> 01:35:00,800 rigorously so that's it for this lesson 2659 01:34:59,520 --> 01:35:03,159 hope you found this useful I'll see you 2660 01:35:00,800 --> 01:35:03,159 in the next 2661 01:35:06,100 --> 01:35:09,239 [Music] 2662 01:35:13,159 --> 01:35:17,800 one in this lesson we're talking about 2663 01:35:15,320 --> 01:35:19,520 our foundations overview so what we're 2664 01:35:17,800 --> 01:35:21,480 going to be covering in this module is 2665 01:35:19,520 --> 01:35:23,199 perhaps the most important module in 2666 01:35:21,480 --> 01:35:27,719 this entire course and the reason for 2667 01:35:23,199 --> 01:35:29,960 that is this that 90% of the time when I 2668 01:35:27,719 --> 01:35:32,320 talk to people and they say they have 2669 01:35:29,960 --> 01:35:34,239 business issues or their sales aren't 2670 01:35:32,320 --> 01:35:35,560 going up or their ads aren't working 2671 01:35:34,239 --> 01:35:39,239 when you dig down into it what they 2672 01:35:35,560 --> 01:35:42,080 really have is just personal issues and 2673 01:35:39,239 --> 01:35:44,239 it's their own personal life that is 2674 01:35:42,080 --> 01:35:46,280 really broken and the way that we're 2675 01:35:44,239 --> 01:35:48,520 approaching this whole course is from 2676 01:35:46,280 --> 01:35:50,239 the standpoint of if I have a friend or 2677 01:35:48,520 --> 01:35:52,199 family member sitting right here next to 2678 01:35:50,239 --> 01:35:53,639 me and I wanted to teach them everything 2679 01:35:52,199 --> 01:35:55,440 that I know to start a success 2680 01:35:53,639 --> 01:35:57,159 successful e-commerce business what are 2681 01:35:55,440 --> 01:35:59,320 the things that I would teach them first 2682 01:35:57,159 --> 01:36:01,239 and I used to just teach people here's 2683 01:35:59,320 --> 01:36:03,679 the strategies here's the tactics here's 2684 01:36:01,239 --> 01:36:05,119 like what I'm doing in the business and 2685 01:36:03,679 --> 01:36:07,040 here's what's working here's what's not 2686 01:36:05,119 --> 01:36:09,719 that kind of thing and even though was 2687 01:36:07,040 --> 01:36:11,960 sound strategies and it worked like I 2688 01:36:09,719 --> 01:36:14,679 was proof of it they were never getting 2689 01:36:11,960 --> 01:36:16,600 results they were always falling short 2690 01:36:14,679 --> 01:36:18,679 in one way or another and I thought 2691 01:36:16,600 --> 01:36:20,280 maybe I'm just not a good teacher and 2692 01:36:18,679 --> 01:36:22,520 while certainly some of it was on me 2693 01:36:20,280 --> 01:36:24,440 what I really ended up figuring out was 2694 01:36:22,520 --> 01:36:26,520 that I wasn't teaching the right things 2695 01:36:24,440 --> 01:36:27,560 I wasn't teaching them the foundations 2696 01:36:26,520 --> 01:36:30,080 that they need in order to be a 2697 01:36:27,560 --> 01:36:32,880 successful entrepreneur and person to a 2698 01:36:30,080 --> 01:36:34,880 larger extent and if you don't do that 2699 01:36:32,880 --> 01:36:37,159 then it doesn't matter what tact you 2700 01:36:34,880 --> 01:36:38,679 could teach them like the golden rules 2701 01:36:37,159 --> 01:36:40,600 of e-commerce it's never going to make a 2702 01:36:38,679 --> 01:36:43,159 difference cuz they're building a 2703 01:36:40,600 --> 01:36:45,480 skyscraper on a foundation of sand it's 2704 01:36:43,159 --> 01:36:47,719 always destined to come crumbling down 2705 01:36:45,480 --> 01:36:49,920 it's just a matter of time and this 2706 01:36:47,719 --> 01:36:52,159 quote is something that I heard from her 2707 01:36:49,920 --> 01:36:54,239 MOSI about the people issues and or the 2708 01:36:52,159 --> 01:36:55,840 life issues versus business issues 2709 01:36:54,239 --> 01:36:58,199 but it's true for my own experience as 2710 01:36:55,840 --> 01:36:59,679 well and I've dug into this and what 2711 01:36:58,199 --> 01:37:02,440 I've figured out is that I think that 2712 01:36:59,679 --> 01:37:04,199 most people think of success and what 2713 01:37:02,440 --> 01:37:06,040 we've been taught is success is 2714 01:37:04,199 --> 01:37:08,080 something like this it's like where we 2715 01:37:06,040 --> 01:37:11,480 are now and you go through a period and 2716 01:37:08,080 --> 01:37:13,320 you reach your goal and that's it and 2717 01:37:11,480 --> 01:37:15,679 that's kind of what's portrayed to 2718 01:37:13,320 --> 01:37:17,760 people and what we don't realize myself 2719 01:37:15,679 --> 01:37:19,960 certainly before I got started what I 2720 01:37:17,760 --> 01:37:22,320 didn't realize was that what success 2721 01:37:19,960 --> 01:37:24,280 actually looks like reaching the goal 2722 01:37:22,320 --> 01:37:26,920 what it actually involves is going 2723 01:37:24,280 --> 01:37:29,520 through a period of extreme hardship and 2724 01:37:26,920 --> 01:37:31,639 pain and transformation and then you get 2725 01:37:29,520 --> 01:37:34,000 to reach your goal and no other courses 2726 01:37:31,639 --> 01:37:35,480 really talk about is how to get through 2727 01:37:34,000 --> 01:37:37,400 this period they give you like the 2728 01:37:35,480 --> 01:37:39,560 tactics and say Here's how to run your 2729 01:37:37,400 --> 01:37:41,280 ads here's how to find the products but 2730 01:37:39,560 --> 01:37:43,199 the most important piece is missing and 2731 01:37:41,280 --> 01:37:44,880 that's how do you become the kind of 2732 01:37:43,199 --> 01:37:46,199 person that's able to reach that goal in 2733 01:37:44,880 --> 01:37:48,760 the first place so that's what we're 2734 01:37:46,199 --> 01:37:50,920 talking about in this lesson CU When you 2735 01:37:48,760 --> 01:37:54,320 go through this fire nine times out of 2736 01:37:50,920 --> 01:37:56,440 10 people end up doing 180 and the 2737 01:37:54,320 --> 01:37:57,880 reason for that is that they don't know 2738 01:37:56,440 --> 01:38:00,000 to expect it they don't know that it's 2739 01:37:57,880 --> 01:38:02,480 coming and they don't have the like 2740 01:38:00,000 --> 01:38:04,080 mental Tools in order to get through it 2741 01:38:02,480 --> 01:38:06,400 and what that ends up meaning for our 2742 01:38:04,080 --> 01:38:08,679 goals a lot of times is that they end up 2743 01:38:06,400 --> 01:38:10,639 dying they end up staying where they are 2744 01:38:08,679 --> 01:38:12,360 and we just go back to where we were and 2745 01:38:10,639 --> 01:38:15,000 we stay in place we stay in our comfort 2746 01:38:12,360 --> 01:38:16,880 zone that's where dreams go to die to be 2747 01:38:15,000 --> 01:38:18,920 quite honest is in our comfort zones 2748 01:38:16,880 --> 01:38:21,520 that's why we're covering this now so 2749 01:38:18,920 --> 01:38:23,119 that we can fully embrace the fact that 2750 01:38:21,520 --> 01:38:25,480 at the intersection of pain and change 2751 01:38:23,119 --> 01:38:27,760 is where you find growth and growth is 2752 01:38:25,480 --> 01:38:30,480 what we need in order to reach our goals 2753 01:38:27,760 --> 01:38:32,639 I know this might seem like slightly off 2754 01:38:30,480 --> 01:38:34,239 topic from in e-commerce like Drop 2755 01:38:32,639 --> 01:38:36,080 Shipping print on demand course but 2756 01:38:34,239 --> 01:38:38,840 trust me nothing could be further from 2757 01:38:36,080 --> 01:38:41,320 the truth cuz this is not here for the 2758 01:38:38,840 --> 01:38:43,599 algorithm or to entertain people this is 2759 01:38:41,320 --> 01:38:45,400 if you were my best friend or family 2760 01:38:43,599 --> 01:38:46,800 member sitting next to me these are the 2761 01:38:45,400 --> 01:38:49,080 things that I would teach you first 2762 01:38:46,800 --> 01:38:51,760 because once I started teaching people 2763 01:38:49,080 --> 01:38:53,480 this formula everything changed all the 2764 01:38:51,760 --> 01:38:55,800 results changed pretty much overnight 2765 01:38:53,480 --> 01:38:57,440 even though the business lessons and 2766 01:38:55,800 --> 01:38:59,280 stuff that I was teaching them didn't 2767 01:38:57,440 --> 01:39:01,639 change at all I was still showing them 2768 01:38:59,280 --> 01:39:03,920 the same ad strategies and stuff and 2769 01:39:01,639 --> 01:39:06,199 none of that really changed it was just 2770 01:39:03,920 --> 01:39:08,239 how do you do these four things how do 2771 01:39:06,199 --> 01:39:10,199 you utilize this formula so it's working 2772 01:39:08,239 --> 01:39:11,719 for you instead of against you cuz if 2773 01:39:10,199 --> 01:39:14,679 you're not aware of it it is certainly 2774 01:39:11,719 --> 01:39:18,520 working against you so the formula for 2775 01:39:14,679 --> 01:39:21,199 success is really energy I'm Focus time 2776 01:39:18,520 --> 01:39:23,360 strategy divided by your mindset I'm 2777 01:39:21,199 --> 01:39:25,599 going to talk about what this means but 2778 01:39:23,360 --> 01:39:27,400 normally nine times out of 10 courses 2779 01:39:25,599 --> 01:39:29,480 and trainings out there they just talk 2780 01:39:27,400 --> 01:39:31,159 about the strategy piece they just say 2781 01:39:29,480 --> 01:39:32,920 here's the tactics here's the buttons to 2782 01:39:31,159 --> 01:39:35,040 click and they don't cover the rest of 2783 01:39:32,920 --> 01:39:36,719 this formula that's why the four main 2784 01:39:35,040 --> 01:39:38,560 reasons that people fail in this 2785 01:39:36,719 --> 01:39:40,199 business and believe me there's going to 2786 01:39:38,560 --> 01:39:42,199 be plenty of talk about the strategies 2787 01:39:40,199 --> 01:39:45,000 and tactics it's should be like over 10 2788 01:39:42,199 --> 01:39:46,679 hours of it of just the tactics so we're 2789 01:39:45,000 --> 01:39:49,000 going to get plenty of that we're taking 2790 01:39:46,679 --> 01:39:51,080 an hour or so now to make sure we get 2791 01:39:49,000 --> 01:39:53,599 the most out of that you know a dozen 2792 01:39:51,080 --> 01:39:56,280 hours of the tactics the four main 2793 01:39:53,599 --> 01:39:58,560 reasons why people fail is number one 2794 01:39:56,280 --> 01:40:00,880 because of a lack of energy and they 2795 01:39:58,560 --> 01:40:02,679 basically don't output the effort 2796 01:40:00,880 --> 01:40:04,360 required and we're going to talk about 2797 01:40:02,679 --> 01:40:05,840 why that is and how we can fix it the 2798 01:40:04,360 --> 01:40:08,800 second reason is they have a lack of 2799 01:40:05,840 --> 01:40:11,239 focus meaning so they could have enough 2800 01:40:08,800 --> 01:40:13,679 energy they could be uh yielding an 2801 01:40:11,239 --> 01:40:16,440 output of effort but if it's not going 2802 01:40:13,679 --> 01:40:17,880 into the right things then it's all for 2803 01:40:16,440 --> 01:40:19,599 nothing the third reason is they have 2804 01:40:17,880 --> 01:40:21,719 the wrong strategy so they might have 2805 01:40:19,599 --> 01:40:23,800 the energy they might have Focus which 2806 01:40:21,719 --> 01:40:25,960 is rare but then they're putting it into 2807 01:40:23,800 --> 01:40:27,719 the wrong opportunity and evaluating 2808 01:40:25,960 --> 01:40:30,920 this stage is where a lot of people get 2809 01:40:27,719 --> 01:40:32,440 analysis paralysis and it's by design by 2810 01:40:30,920 --> 01:40:34,679 like social media platforms it's not 2811 01:40:32,440 --> 01:40:37,040 your fault just that you know YouTube 2812 01:40:34,679 --> 01:40:39,119 inundates you with tons of like social 2813 01:40:37,040 --> 01:40:41,440 media marketing invest in crypto invest 2814 01:40:39,119 --> 01:40:43,440 in your time into Drop Shipping like 2815 01:40:41,440 --> 01:40:44,840 there's all these different like methods 2816 01:40:43,440 --> 01:40:47,719 of making money out there that it's 2817 01:40:44,840 --> 01:40:49,560 tough to know which one to focus on 2818 01:40:47,719 --> 01:40:51,280 that's why we're teaching this course is 2819 01:40:49,560 --> 01:40:53,320 about building an e-commerce business is 2820 01:40:51,280 --> 01:40:55,119 it the only way to make money no 2821 01:40:53,320 --> 01:40:57,560 certainly not but if you stick with any 2822 01:40:55,119 --> 01:40:59,400 one really good sound strategy that's 2823 01:40:57,560 --> 01:41:01,280 well proven for an extended period of 2824 01:40:59,400 --> 01:41:03,199 time then good things will happen and 2825 01:41:01,280 --> 01:41:05,800 the fourth reason why people fail is a 2826 01:41:03,199 --> 01:41:07,679 loss or negative mindset basically they 2827 01:41:05,800 --> 01:41:10,239 don't know how to handle the self-doubt 2828 01:41:07,679 --> 01:41:12,920 that comes with you know going through 2829 01:41:10,239 --> 01:41:14,239 this journey of going through the fire 2830 01:41:12,920 --> 01:41:15,599 and having to become a completely 2831 01:41:14,239 --> 01:41:17,840 different person in order to actually 2832 01:41:15,599 --> 01:41:19,360 reach your goals and I always say that 2833 01:41:17,840 --> 01:41:21,119 the people that I find are most 2834 01:41:19,360 --> 01:41:22,239 successful at being entrepreneurs and 2835 01:41:21,119 --> 01:41:24,679 running their own business are the 2836 01:41:22,239 --> 01:41:26,159 people that are not the smartest they 2837 01:41:24,679 --> 01:41:28,040 don't have to be like the brightest 2838 01:41:26,159 --> 01:41:31,280 thinkers they just have the highest 2839 01:41:28,040 --> 01:41:33,679 tolerance for stress and self-doubt and 2840 01:41:31,280 --> 01:41:35,679 they're able to just keep on persevering 2841 01:41:33,679 --> 01:41:37,320 when times get tough and they will get 2842 01:41:35,679 --> 01:41:38,760 tough like there will be times doesn't 2843 01:41:37,320 --> 01:41:41,520 matter if you have the perfect strategy 2844 01:41:38,760 --> 01:41:43,920 of laser focus you have you know a 2845 01:41:41,520 --> 01:41:45,159 marathon runner level energy there's 2846 01:41:43,920 --> 01:41:47,800 still going to be times where you wake 2847 01:41:45,159 --> 01:41:49,880 up and you have extreme self out and 2848 01:41:47,800 --> 01:41:51,239 you're like what am I doing why am I 2849 01:41:49,880 --> 01:41:53,000 doing this and all your friends and 2850 01:41:51,239 --> 01:41:54,920 family around you the whole while are 2851 01:41:53,000 --> 01:41:56,960 going to be like they love you but 2852 01:41:54,920 --> 01:41:59,080 they're going to be doubting you just as 2853 01:41:56,960 --> 01:42:01,239 well for a number of reasons we won't 2854 01:41:59,080 --> 01:42:02,400 even get into that but uh it makes them 2855 01:42:01,239 --> 01:42:03,360 uncomfortable to see you trying to 2856 01:42:02,400 --> 01:42:04,560 change yourself and they're going to 2857 01:42:03,360 --> 01:42:06,360 cast that doubt on you and unless you 2858 01:42:04,560 --> 01:42:07,920 have a rock solid mindset in order to 2859 01:42:06,360 --> 01:42:10,840 push through that you're going to end up 2860 01:42:07,920 --> 01:42:12,560 crumbling and all of this whole formula 2861 01:42:10,840 --> 01:42:14,360 goes away then it doesn't matter if you 2862 01:42:12,560 --> 01:42:16,760 watch every second of this entire 2863 01:42:14,360 --> 01:42:18,560 training if you end up turning back when 2864 01:42:16,760 --> 01:42:20,880 the going gets tough then it's all for 2865 01:42:18,560 --> 01:42:23,000 nothing so we're going to make sure that 2866 01:42:20,880 --> 01:42:24,119 we have the energy that we need to do 2867 01:42:23,000 --> 01:42:25,440 the output we're going to make sure we 2868 01:42:24,119 --> 01:42:27,239 have the focus we're going to make sure 2869 01:42:25,440 --> 01:42:28,599 we have the right strategy and we're 2870 01:42:27,239 --> 01:42:30,440 going to make sure we have a mindset 2871 01:42:28,599 --> 01:42:32,360 that's able to persevere through when 2872 01:42:30,440 --> 01:42:34,800 times get tough so laying the foundation 2873 01:42:32,360 --> 01:42:37,199 for our energy just means increasing the 2874 01:42:34,800 --> 01:42:39,239 number of units of output that we have 2875 01:42:37,199 --> 01:42:40,960 on a per day basis making sure we have 2876 01:42:39,239 --> 01:42:42,480 the ability to get up and do the thing 2877 01:42:40,960 --> 01:42:44,159 basically then our Focus we're going to 2878 01:42:42,480 --> 01:42:46,840 make sure that our energy is being spent 2879 01:42:44,159 --> 01:42:48,719 on the right things and things could 2880 01:42:46,840 --> 01:42:50,320 really be singular cuz we only really 2881 01:42:48,719 --> 01:42:52,760 want to be focused on one thing at a 2882 01:42:50,320 --> 01:42:54,840 time we're going to have the strategy to 2883 01:42:52,760 --> 01:42:56,880 get our eles back on track when things 2884 01:42:54,840 --> 01:42:58,320 don't work out and when stuff like hits 2885 01:42:56,880 --> 01:43:00,679 the fan and make sure that we're 2886 01:42:58,320 --> 01:43:02,880 following a proven strategy which I've 2887 01:43:00,679 --> 01:43:04,480 shown lots of proof already in this 2888 01:43:02,880 --> 01:43:06,159 training that this is a strategy that 2889 01:43:04,480 --> 01:43:07,639 I've been testing out for seven plus 2890 01:43:06,159 --> 01:43:09,960 years it's worked for me and other 2891 01:43:07,639 --> 01:43:11,960 people so it's proven and it's you know 2892 01:43:09,960 --> 01:43:14,119 completely free so there's no ulterior 2893 01:43:11,960 --> 01:43:15,199 motive here but then lastly we're going 2894 01:43:14,119 --> 01:43:17,199 to have the mindset to handle our 2895 01:43:15,199 --> 01:43:18,960 self-doubt and as a side note this is 2896 01:43:17,199 --> 01:43:21,320 not going to be a long- winded 2897 01:43:18,960 --> 01:43:23,199 over-the-top explanation in this module 2898 01:43:21,320 --> 01:43:25,880 because I am well aware that a lot of L 2899 01:43:23,199 --> 01:43:27,639 of people get successful and they start 2900 01:43:25,880 --> 01:43:30,000 doing these weird habits and routines 2901 01:43:27,639 --> 01:43:31,599 with their spare time and then they 2902 01:43:30,000 --> 01:43:33,000 forget about what made them successful 2903 01:43:31,599 --> 01:43:34,400 in the first place and then they start 2904 01:43:33,000 --> 01:43:37,480 telling everybody that what made them 2905 01:43:34,400 --> 01:43:39,800 successful was like doing cold plunges 2906 01:43:37,480 --> 01:43:40,800 and stuff and so I just want you to know 2907 01:43:39,800 --> 01:43:42,440 that this is going to be valuable 2908 01:43:40,800 --> 01:43:45,599 because I'm extremely cognizant of that 2909 01:43:42,440 --> 01:43:48,320 fact and my goal in this whole module is 2910 01:43:45,599 --> 01:43:49,880 just teaching the be bones most tactical 2911 01:43:48,320 --> 01:43:51,880 things you can do that has worked from 2912 01:43:49,880 --> 01:43:53,800 my own experience things that I've 2913 01:43:51,880 --> 01:43:55,440 tested and like just the best of the 2914 01:43:53,800 --> 01:43:57,040 best biggest bang for your buck things 2915 01:43:55,440 --> 01:43:59,239 that have increased my energy helped 2916 01:43:57,040 --> 01:44:01,400 improve my focus the strategies that 2917 01:43:59,239 --> 01:44:03,080 work the best and then the mindset and 2918 01:44:01,400 --> 01:44:05,199 how I think through like the self-doubt 2919 01:44:03,080 --> 01:44:06,840 dealing with you know haters and stuff 2920 01:44:05,199 --> 01:44:08,719 like that how to think through all that 2921 01:44:06,840 --> 01:44:10,480 stuff and on the mindset note also make 2922 01:44:08,719 --> 01:44:11,840 sure you feel like you're not alone 2923 01:44:10,480 --> 01:44:13,119 you're certainly not even though 2924 01:44:11,840 --> 01:44:15,159 entrepreneurship can feel certainly 2925 01:44:13,119 --> 01:44:16,520 lonely but those are my goals nothing 2926 01:44:15,159 --> 01:44:18,280 more nothing less we're not going to go 2927 01:44:16,520 --> 01:44:20,159 over the top here and at the end of the 2928 01:44:18,280 --> 01:44:22,639 day I'm sharing all the tactics that 2929 01:44:20,159 --> 01:44:24,520 work for me it's up to you like this 2930 01:44:22,639 --> 01:44:26,920 whole thing just here's a buffet for you 2931 01:44:24,520 --> 01:44:29,520 to choose what like pick and choose what 2932 01:44:26,920 --> 01:44:31,199 works best on your own terms but even if 2933 01:44:29,520 --> 01:44:33,440 you choose to do none of it at the very 2934 01:44:31,199 --> 01:44:35,800 least you will have awareness of what 2935 01:44:33,440 --> 01:44:38,480 the other possibilities are and you'll 2936 01:44:35,800 --> 01:44:40,159 have the awareness of this formula that 2937 01:44:38,480 --> 01:44:41,560 is really holding you back or can be 2938 01:44:40,159 --> 01:44:44,280 holding you back and the formula again 2939 01:44:41,560 --> 01:44:47,199 is energy time Focus time strategy 2940 01:44:44,280 --> 01:44:48,960 divided by mindset equals your success 2941 01:44:47,199 --> 01:44:52,159 and the reason that the mindset is the 2942 01:44:48,960 --> 01:44:54,320 big division symbol uh of the entire 2943 01:44:52,159 --> 01:44:57,880 thing is that it's the one thing that 2944 01:44:54,320 --> 01:45:00,560 can truly undermine everything like 2945 01:44:57,880 --> 01:45:02,599 energy focus and Strat like if you have 2946 01:45:00,560 --> 01:45:06,000 two out of the three on the top like you 2947 01:45:02,599 --> 01:45:08,800 can be in pretty good shape still it's 2948 01:45:06,000 --> 01:45:10,840 obviously far more ideal to have uh you 2949 01:45:08,800 --> 01:45:14,119 know all three but mindset is the one 2950 01:45:10,840 --> 01:45:16,159 that if you don't have it it like 2951 01:45:14,119 --> 01:45:18,360 nothing else matters it's the one thing 2952 01:45:16,159 --> 01:45:20,239 that you really can't have like energy 2953 01:45:18,360 --> 01:45:22,520 and focus if you have that and you don't 2954 01:45:20,239 --> 01:45:24,119 have strategy you'll be laser focused 2955 01:45:22,520 --> 01:45:25,560 trying out a bunch of different things 2956 01:45:24,119 --> 01:45:27,800 and you'll eventually work your way 2957 01:45:25,560 --> 01:45:29,920 through and find a winning strategy if 2958 01:45:27,800 --> 01:45:31,119 you have focus in strategy so you're not 2959 01:45:29,920 --> 01:45:33,560 doing a lot you don't have a lot of 2960 01:45:31,119 --> 01:45:35,760 energy well you're going to very slowly 2961 01:45:33,560 --> 01:45:37,560 Whittle away at the right opportunity 2962 01:45:35,760 --> 01:45:39,280 and eventually you'll get there and then 2963 01:45:37,560 --> 01:45:40,760 if you have energy and strategy but you 2964 01:45:39,280 --> 01:45:42,719 don't have Focus you're going to be 2965 01:45:40,760 --> 01:45:44,840 outputting a ton of effort into 2966 01:45:42,719 --> 01:45:46,599 hopefully one strategy but it's just 2967 01:45:44,840 --> 01:45:47,840 going to be like scatter shot within 2968 01:45:46,599 --> 01:45:49,239 that so like you might have a Drop 2969 01:45:47,840 --> 01:45:50,560 Shipping business but you're just going 2970 01:45:49,239 --> 01:45:52,280 to do a bunch of random stuff within 2971 01:45:50,560 --> 01:45:54,920 there it's honestly how I kind of 2972 01:45:52,280 --> 01:45:56,719 started out I terrible focus and it 2973 01:45:54,920 --> 01:45:58,960 eventually got me there but Minds set's 2974 01:45:56,719 --> 01:46:00,639 the one that if you don't have that then 2975 01:45:58,960 --> 01:46:02,360 none of the other stuff matters you'll 2976 01:46:00,639 --> 01:46:03,960 wake up and just question why you're 2977 01:46:02,360 --> 01:46:05,960 doing anything so that's why we're 2978 01:46:03,960 --> 01:46:07,960 talking about it and fun fact is that 2979 01:46:05,960 --> 01:46:09,840 entrepreneurs are I don't know the exact 2980 01:46:07,960 --> 01:46:12,840 percentage but they are far more likely 2981 01:46:09,840 --> 01:46:14,480 to suffer from bipolar disorder because 2982 01:46:12,840 --> 01:46:16,840 entrepreneurs the type of people that 2983 01:46:14,480 --> 01:46:19,480 sign up for highrisk high reward type of 2984 01:46:16,840 --> 01:46:21,760 scenarios tend to be more emotional 2985 01:46:19,480 --> 01:46:23,639 contrary to the type of thinking that is 2986 01:46:21,760 --> 01:46:25,960 most beneficial for entrepreneurs which 2987 01:46:23,639 --> 01:46:27,719 is logical like calculated 2988 01:46:25,960 --> 01:46:29,800 decision-making honing our mindset 2989 01:46:27,719 --> 01:46:32,040 around that really helps us close the 2990 01:46:29,800 --> 01:46:34,480 gap and bring awareness to where our 2991 01:46:32,040 --> 01:46:36,760 personality traits lie and where the Gap 2992 01:46:34,480 --> 01:46:37,960 is from ourselves right now compared to 2993 01:46:36,760 --> 01:46:39,480 the person that we need to be in order 2994 01:46:37,960 --> 01:46:41,040 to reach our goals so that's it for the 2995 01:46:39,480 --> 01:46:44,639 overview first up we're going to be 2996 01:46:41,040 --> 01:46:44,639 talking about energy 2997 01:46:44,990 --> 01:46:50,750 [Music] 2998 01:46:52,830 --> 01:46:55,400 [Music] 2999 01:46:54,360 --> 01:46:57,800 this lesson we're going to be talking 3000 01:46:55,400 --> 01:47:00,320 about energy or basically how do we make 3001 01:46:57,800 --> 01:47:02,440 sure that we have the ability to Output 3002 01:47:00,320 --> 01:47:04,480 the units of effort that we need in 3003 01:47:02,440 --> 01:47:07,159 order to actually build a business this 3004 01:47:04,480 --> 01:47:09,320 course is really great but it's 3005 01:47:07,159 --> 01:47:11,639 worthless unless you actually have the 3006 01:47:09,320 --> 01:47:13,440 energy to be able to get up and do the 3007 01:47:11,639 --> 01:47:14,639 things that we talk about in this course 3008 01:47:13,440 --> 01:47:17,040 I'm going to be sharing the things that 3009 01:47:14,639 --> 01:47:19,040 have worked best for me and when I first 3010 01:47:17,040 --> 01:47:20,880 started off as an entrepreneur I didn't 3011 01:47:19,040 --> 01:47:22,480 prioritize this at all I thought being 3012 01:47:20,880 --> 01:47:24,679 an entrepreneur just meant make smart 3013 01:47:22,480 --> 01:47:26,480 decisions build the right business focus 3014 01:47:24,679 --> 01:47:29,320 on the right things and good stuff will 3015 01:47:26,480 --> 01:47:31,320 happen meanwhile I was out drinking late 3016 01:47:29,320 --> 01:47:34,000 I was partying I wasn't getting good 3017 01:47:31,320 --> 01:47:36,480 quality sleep I was eating crappy foods 3018 01:47:34,000 --> 01:47:37,760 and as a result my effort or the amount 3019 01:47:36,480 --> 01:47:40,040 of energy that I was able to put into 3020 01:47:37,760 --> 01:47:41,280 the business was really lacking I was 3021 01:47:40,040 --> 01:47:43,199 like blaming the business thinking it 3022 01:47:41,280 --> 01:47:44,920 was just about the model and all of this 3023 01:47:43,199 --> 01:47:47,520 but I noticed that there was a directly 3024 01:47:44,920 --> 01:47:48,960 correlated uh relationship between the 3025 01:47:47,520 --> 01:47:51,119 quality of the sleep and how much I was 3026 01:47:48,960 --> 01:47:53,239 taking care of my body and how well the 3027 01:47:51,119 --> 01:47:55,320 business was performing cuz 9 times out 3028 01:47:53,239 --> 01:47:57,159 of 10 the problems in my business were 3029 01:47:55,320 --> 01:47:59,040 really just from me having lifestyle 3030 01:47:57,159 --> 01:48:01,280 issues like yeah if you're waking up 3031 01:47:59,040 --> 01:48:03,159 hung over 3 days out of the week then 3032 01:48:01,280 --> 01:48:05,000 that's just like 3 days gone like that 3033 01:48:03,159 --> 01:48:07,679 and then if you're eating you don't have 3034 01:48:05,000 --> 01:48:09,320 brain fog then you're able to focus for 3035 01:48:07,679 --> 01:48:10,960 longer periods of time and do more 3036 01:48:09,320 --> 01:48:12,840 effort and most of the people that I 3037 01:48:10,960 --> 01:48:14,840 talk to they want to start a business 3038 01:48:12,840 --> 01:48:16,000 they pay lip surface to the fact that 3039 01:48:14,840 --> 01:48:17,520 they want to start a business but then 3040 01:48:16,000 --> 01:48:19,000 if you look at their lifestyle it 3041 01:48:17,520 --> 01:48:20,639 doesn't back that up because they're 3042 01:48:19,000 --> 01:48:22,239 sapping their energy from all these 3043 01:48:20,639 --> 01:48:23,800 different places and habits that in 3044 01:48:22,239 --> 01:48:26,040 their defense like they don't know any 3045 01:48:23,800 --> 01:48:27,920 better and I certainly didn't know any 3046 01:48:26,040 --> 01:48:29,360 better and it's just part of our our 3047 01:48:27,920 --> 01:48:31,440 culture or whatever we could talk about 3048 01:48:29,360 --> 01:48:32,800 that ad nauseum but in this lesson we're 3049 01:48:31,440 --> 01:48:34,599 just going to be talking about what has 3050 01:48:32,800 --> 01:48:36,760 worked best for me the biggest bang for 3051 01:48:34,599 --> 01:48:39,119 our buck in order to increase our energy 3052 01:48:36,760 --> 01:48:41,280 so you wake up every day feeling ready 3053 01:48:39,119 --> 01:48:42,679 to actually crank out some work on your 3054 01:48:41,280 --> 01:48:43,880 business cuz if you wake up feeling like 3055 01:48:42,679 --> 01:48:46,040 crap none of this stuff's going to 3056 01:48:43,880 --> 01:48:47,679 matter so the definition of energy is 3057 01:48:46,040 --> 01:48:50,040 simply the strength and vitality 3058 01:48:47,679 --> 01:48:53,000 required for sustained mental and 3059 01:48:50,040 --> 01:48:54,639 physical activity which that's exactly 3060 01:48:53,000 --> 01:48:56,679 what we're going to be doing and it's 3061 01:48:54,639 --> 01:48:58,639 energy so we can do the steps that are 3062 01:48:56,679 --> 01:49:00,920 talked about in this course so how do we 3063 01:48:58,639 --> 01:49:03,480 increase our energy there's sleep diet 3064 01:49:00,920 --> 01:49:05,560 and dopamine are the three biggest areas 3065 01:49:03,480 --> 01:49:08,159 let's dive into sleep and if you were to 3066 01:49:05,560 --> 01:49:10,639 break up sleep into the main areas that 3067 01:49:08,159 --> 01:49:12,119 we can optimize for it's how fast are we 3068 01:49:10,639 --> 01:49:13,920 able to fall asleep what's the quality 3069 01:49:12,119 --> 01:49:16,000 of the REM sleep that we're getting and 3070 01:49:13,920 --> 01:49:17,440 then the deep sleep and the length of 3071 01:49:16,000 --> 01:49:19,679 our sleep and this is something that 3072 01:49:17,440 --> 01:49:22,560 I've researched at Great Lengths and 3073 01:49:19,679 --> 01:49:24,040 optimized for myself and what I found to 3074 01:49:22,560 --> 01:49:25,360 be be true is that the nights where I'm 3075 01:49:24,040 --> 01:49:27,719 getting the best quality sleep I'm 3076 01:49:25,360 --> 01:49:30,119 falling asleep within 10 maybe 15 3077 01:49:27,719 --> 01:49:31,719 minutes it's during the same exact 3078 01:49:30,119 --> 01:49:33,800 period every night which we'll talk more 3079 01:49:31,719 --> 01:49:36,159 about that in a second but the ways that 3080 01:49:33,800 --> 01:49:37,599 we can improve you fall asleep faster 3081 01:49:36,159 --> 01:49:40,159 basically just get better quality sleep 3082 01:49:37,599 --> 01:49:42,280 is to don't watch TV or anything in bed 3083 01:49:40,159 --> 01:49:43,719 anytime that I start that bad habit I'm 3084 01:49:42,280 --> 01:49:45,719 like watching movies in bed it's 3085 01:49:43,719 --> 01:49:47,440 teaching your brain that your bed is not 3086 01:49:45,719 --> 01:49:49,880 meant for just sleeping we want to 3087 01:49:47,440 --> 01:49:51,560 hardwire ourselves so that anytime we 3088 01:49:49,880 --> 01:49:53,679 get into bed our brain and body 3089 01:49:51,560 --> 01:49:55,760 immediately switches into to sleep mode 3090 01:49:53,679 --> 01:49:58,199 another way is before bed I would 3091 01:49:55,760 --> 01:50:00,119 journal and plan the next day tomorrow 3092 01:49:58,199 --> 01:50:01,360 because if I wasn't doing this then I 3093 01:50:00,119 --> 01:50:02,880 would find that as soon as my head hit 3094 01:50:01,360 --> 01:50:05,960 the pillow for whatever reason is when 3095 01:50:02,880 --> 01:50:08,080 my brain started sifting through all the 3096 01:50:05,960 --> 01:50:10,199 like open to-dos that I have from that 3097 01:50:08,080 --> 01:50:11,920 day and I would start like planning out 3098 01:50:10,199 --> 01:50:14,040 my next day meanwhile I'm supposed to be 3099 01:50:11,920 --> 01:50:15,880 sleeping and it's a great book called uh 3100 01:50:14,040 --> 01:50:18,639 getting things done where basically like 3101 01:50:15,880 --> 01:50:21,000 a to-do list Manifesto where they cite a 3102 01:50:18,639 --> 01:50:23,199 study where they proved that your 3103 01:50:21,000 --> 01:50:25,520 subconscious mind will continue to 3104 01:50:23,199 --> 01:50:27,920 problem solve and basically work on 3105 01:50:25,520 --> 01:50:30,000 things in the background until it is 3106 01:50:27,920 --> 01:50:32,239 confident that you have a plan for it 3107 01:50:30,000 --> 01:50:33,560 and it's taken care of so simply writing 3108 01:50:32,239 --> 01:50:35,080 things down and then coming up with your 3109 01:50:33,560 --> 01:50:37,480 plan for the next day helps you fall 3110 01:50:35,080 --> 01:50:39,360 asleep so much faster next thing that 3111 01:50:37,480 --> 01:50:41,159 might seem like it's unrelated but 3112 01:50:39,360 --> 01:50:42,800 certainly is related is getting some 3113 01:50:41,159 --> 01:50:45,000 kind of quality exercise throughout the 3114 01:50:42,800 --> 01:50:46,840 day makes it 10 times easier to fall 3115 01:50:45,000 --> 01:50:48,920 asleep like our bodies are meant to be 3116 01:50:46,840 --> 01:50:50,800 exercising and physically exerting 3117 01:50:48,920 --> 01:50:53,079 themselves and any days that I would 3118 01:50:50,800 --> 01:50:55,679 just work and drink coffee and and like 3119 01:50:53,079 --> 01:50:57,840 caffeine all day and not exercise at all 3120 01:50:55,679 --> 01:50:59,840 my body hadn't expended any energy so I 3121 01:50:57,840 --> 01:51:01,679 would end up like tossing and turning 3122 01:50:59,840 --> 01:51:03,880 and rolling around and getting horrible 3123 01:51:01,679 --> 01:51:05,400 quality sleep and definitely pay for it 3124 01:51:03,880 --> 01:51:07,280 the next day exercising like 3125 01:51:05,400 --> 01:51:09,639 weightlifting walking whatever you have 3126 01:51:07,280 --> 01:51:11,480 to do get outside get sunlight and so by 3127 01:51:09,639 --> 01:51:13,239 the time your head hits the pillow by 3128 01:51:11,480 --> 01:51:15,280 the end of the day you're ready for a 3129 01:51:13,239 --> 01:51:18,360 full night's rest next is my personal 3130 01:51:15,280 --> 01:51:19,320 favorite and coolest looking by far is I 3131 01:51:18,360 --> 01:51:20,920 have a pair of them around here 3132 01:51:19,320 --> 01:51:22,679 somewhere but is blue light blocking 3133 01:51:20,920 --> 01:51:25,119 glasses the little known fact is that 3134 01:51:22,679 --> 01:51:26,840 the screen light and even like normal 3135 01:51:25,119 --> 01:51:29,000 incandescent lights it puts off Blue 3136 01:51:26,840 --> 01:51:31,079 Light which is basically stops your body 3137 01:51:29,000 --> 01:51:33,599 from producing melatonin because our 3138 01:51:31,079 --> 01:51:35,520 caveman brains think that it's still 3139 01:51:33,599 --> 01:51:37,679 daytime out because blue light comes 3140 01:51:35,520 --> 01:51:39,440 from the Sun and anytime our brain sees 3141 01:51:37,679 --> 01:51:40,880 that it doesn't start producing 3142 01:51:39,440 --> 01:51:42,440 melatonin because it thinks that it's 3143 01:51:40,880 --> 01:51:44,119 still daytime out so if we just wear 3144 01:51:42,440 --> 01:51:45,520 these glasses that I'll put a link to 3145 01:51:44,119 --> 01:51:47,800 them somewhere around this video but 3146 01:51:45,520 --> 01:51:49,440 they're like 20 bucks from Amazon and 3147 01:51:47,800 --> 01:51:51,480 you just throw them on an hour before 3148 01:51:49,440 --> 01:51:53,000 bed and you will have a noticeable 3149 01:51:51,480 --> 01:51:55,159 difference whether if you're watching TV 3150 01:51:53,000 --> 01:51:56,800 or whatever you look like you just got 3151 01:51:55,159 --> 01:51:59,159 out of the wood shop but trust me it 3152 01:51:56,800 --> 01:52:00,400 makes falling asleep 10 times better 3153 01:51:59,159 --> 01:52:02,159 because your body is able to start 3154 01:52:00,400 --> 01:52:04,800 producing melatonin before you actually 3155 01:52:02,159 --> 01:52:06,760 get into bed the next is REM sleep which 3156 01:52:04,800 --> 01:52:08,040 this is one of the stages this is as 3157 01:52:06,760 --> 01:52:10,000 scientific as we're going to get in this 3158 01:52:08,040 --> 01:52:11,560 whole thing just trust me but I find it 3159 01:52:10,000 --> 01:52:13,280 really fascinating and again if I was 3160 01:52:11,560 --> 01:52:14,599 helping somebody start a business 3161 01:52:13,280 --> 01:52:15,880 somebody that I cared about I would 3162 01:52:14,599 --> 01:52:17,480 teach them these things first so they 3163 01:52:15,880 --> 01:52:19,440 can understand and get their energy back 3164 01:52:17,480 --> 01:52:21,199 on track that's why this matters so REM 3165 01:52:19,440 --> 01:52:23,480 sleep is the period of sleep called 3166 01:52:21,199 --> 01:52:26,320 rapid eye movement where your brain is 3167 01:52:23,480 --> 01:52:27,560 basically downloading and this is my own 3168 01:52:26,320 --> 01:52:29,119 like understanding of it this is not 3169 01:52:27,560 --> 01:52:30,719 like the scientific definition but your 3170 01:52:29,119 --> 01:52:32,560 brain is essentially downloading and 3171 01:52:30,719 --> 01:52:34,599 storing everything that happened during 3172 01:52:32,560 --> 01:52:36,199 the day it's shifting from your 3173 01:52:34,599 --> 01:52:37,520 short-term memories to long-term 3174 01:52:36,199 --> 01:52:39,679 basically you think of it as backing up 3175 01:52:37,520 --> 01:52:42,360 your hard drive and this stage of your 3176 01:52:39,679 --> 01:52:44,760 sleep impacts your memory your emotional 3177 01:52:42,360 --> 01:52:47,079 processing brain development especially 3178 01:52:44,760 --> 01:52:48,840 as you're like for younger kids like up 3179 01:52:47,079 --> 01:52:50,480 until 25 your brain's still developing 3180 01:52:48,840 --> 01:52:52,239 the reason that this is so important is 3181 01:52:50,480 --> 01:52:54,679 we've talked about entrepreneurs are far 3182 01:52:52,239 --> 01:52:56,679 more more likely to be like bipolar like 3183 01:52:54,679 --> 01:52:59,360 you're an emotional person if you choose 3184 01:52:56,679 --> 01:53:00,480 to start a business like just by and 3185 01:52:59,360 --> 01:53:02,639 large the character traits of 3186 01:53:00,480 --> 01:53:04,280 entrepreneurs are the highs are high the 3187 01:53:02,639 --> 01:53:05,599 lows are lows and that certainly holds 3188 01:53:04,280 --> 01:53:06,719 true for starting a business which is 3189 01:53:05,599 --> 01:53:09,119 also why you're going to be good at 3190 01:53:06,719 --> 01:53:12,159 starting a business but your emotional 3191 01:53:09,119 --> 01:53:14,159 like capacity is directly impacted by 3192 01:53:12,159 --> 01:53:15,320 the quality of remley which we're going 3193 01:53:14,159 --> 01:53:16,679 to talk about how to improve it in a 3194 01:53:15,320 --> 01:53:18,199 second but just understand like the 3195 01:53:16,679 --> 01:53:20,079 importance of that in our day-to-day 3196 01:53:18,199 --> 01:53:22,000 lives when we feel like overwhelmed and 3197 01:53:20,079 --> 01:53:24,040 stressed we can either make that so much 3198 01:53:22,000 --> 01:53:25,840 easier for ourselves are so much harder 3199 01:53:24,040 --> 01:53:27,599 based on the quality of this stage of 3200 01:53:25,840 --> 01:53:29,599 our sleep so anytime you felt 3201 01:53:27,599 --> 01:53:31,520 overwhelmed and it just gets worse and 3202 01:53:29,599 --> 01:53:33,440 then you start like stress eating late 3203 01:53:31,520 --> 01:53:35,440 at night and you're just Doom scrolling 3204 01:53:33,440 --> 01:53:37,400 we're just putting off like fixing these 3205 01:53:35,440 --> 01:53:39,239 things like fixing your REM sleep and 3206 01:53:37,400 --> 01:53:41,320 that's how you actually get yourself 3207 01:53:39,239 --> 01:53:43,560 back on track so the ways that we can 3208 01:53:41,320 --> 01:53:46,119 improve specifically your REM sleep 3209 01:53:43,560 --> 01:53:47,960 stage is number one stick with the same 3210 01:53:46,119 --> 01:53:50,239 sleep schedule every night pick the same 3211 01:53:47,960 --> 01:53:51,760 eight hours 8 to 7 hours every night 3212 01:53:50,239 --> 01:53:54,480 doesn't matter if it's 11:00 p.m. to 3213 01:53:51,760 --> 01:53:56,239 7:00 a.m. 8:00 p.m. to 6:00 a.m. yeah 3214 01:53:54,480 --> 01:53:57,719 whatever it is just pick 8 hours and 3215 01:53:56,239 --> 01:53:59,480 stick with it cuz it's far more 3216 01:53:57,719 --> 01:54:01,239 important that your body get the same 8 3217 01:53:59,480 --> 01:54:03,880 hours so it's able to get into a rhythm 3218 01:54:01,239 --> 01:54:05,199 than it is to go to bed earlier if 3219 01:54:03,880 --> 01:54:07,440 you've been going to bed consistently 3220 01:54:05,199 --> 01:54:09,119 late just start backing it up like when 3221 01:54:07,440 --> 01:54:11,679 I like when my sleep schedule was all 3222 01:54:09,119 --> 01:54:13,320 messed up the way that I fixed it is I I 3223 01:54:11,679 --> 01:54:15,480 was going to bed at like 2:00 a.m. or 3224 01:54:13,320 --> 01:54:17,360 2:30 and I would wake up groggy and 3225 01:54:15,480 --> 01:54:18,920 feeling terrible and I decided that I 3226 01:54:17,360 --> 01:54:20,560 needed to fix this the way that I did 3227 01:54:18,920 --> 01:54:21,840 that is I did a bunch of the other 3228 01:54:20,560 --> 01:54:24,880 habits we're going to talk about but the 3229 01:54:21,840 --> 01:54:26,800 main thing was I backed up my bedtime by 3230 01:54:24,880 --> 01:54:30,040 15 minutes each night I didn't just jump 3231 01:54:26,800 --> 01:54:31,440 from 2: 2:30 to 8:00 p.m. I like 3232 01:54:30,040 --> 01:54:33,239 incrementally backed it up and that 3233 01:54:31,440 --> 01:54:35,199 helped dramatically so like every night 3234 01:54:33,239 --> 01:54:36,719 I would do 15 minutes earlier and then I 3235 01:54:35,199 --> 01:54:39,079 got into a good Rhythm where I was doing 3236 01:54:36,719 --> 01:54:41,119 like 10: p.m. to 6:00 a.m. like every 3237 01:54:39,079 --> 01:54:44,239 single night next thing is avoiding 3238 01:54:41,119 --> 01:54:46,719 stimulants so coffee limit that to no 3239 01:54:44,239 --> 01:54:50,159 later than 1:00 p.m. and anything else 3240 01:54:46,719 --> 01:54:51,639 like nicotine caffeine like all the eans 3241 01:54:50,159 --> 01:54:53,239 you want to avoid them all together if 3242 01:54:51,639 --> 01:54:55,400 at all possible but that's not quite 3243 01:54:53,239 --> 01:54:57,239 realistic so just limit it to in the 3244 01:54:55,400 --> 01:54:59,159 morning and just or if you choose to do 3245 01:54:57,239 --> 01:55:01,119 it later just know that the halflife of 3246 01:54:59,159 --> 01:55:03,040 coffee it's definitely going to impact 3247 01:55:01,119 --> 01:55:05,440 your sleep and your R next thing this is 3248 01:55:03,040 --> 01:55:08,040 my personal favorite is a cold room now 3249 01:55:05,440 --> 01:55:09,920 65° sounds extremely cold but the way 3250 01:55:08,040 --> 01:55:12,520 that our body is able to fall asleep and 3251 01:55:09,920 --> 01:55:14,599 get high quality sleep is by dropping 3252 01:55:12,520 --> 01:55:16,400 our like internal temperature if you've 3253 01:55:14,599 --> 01:55:18,159 ever tried sleeping in a really hot room 3254 01:55:16,400 --> 01:55:20,320 the reason that it's so hard is because 3255 01:55:18,159 --> 01:55:21,840 our brain is literally not capable of 3256 01:55:20,320 --> 01:55:23,119 falling asleep until it is under a 3257 01:55:21,840 --> 01:55:24,599 certain temp temperature I don't know 3258 01:55:23,119 --> 01:55:27,119 the exact temperature off top of my head 3259 01:55:24,599 --> 01:55:29,040 no pun intended but it has to lower and 3260 01:55:27,119 --> 01:55:31,239 so if you're struggling falling asleep 3261 01:55:29,040 --> 01:55:34,560 cold room avoid stimulants stick to the 3262 01:55:31,239 --> 01:55:36,560 same sleep schedule and avoid screens or 3263 01:55:34,560 --> 01:55:38,520 work of any kind if at all possible like 3264 01:55:36,560 --> 01:55:40,280 2 to 3 hours before bed you want your 3265 01:55:38,520 --> 01:55:41,520 brain to have a period where I'm saying 3266 01:55:40,280 --> 01:55:43,560 this again from personal experience when 3267 01:55:41,520 --> 01:55:46,400 I give my brain a period where it's able 3268 01:55:43,560 --> 01:55:48,440 to stop working and transition into wind 3269 01:55:46,400 --> 01:55:50,719 down mode and being like very strict 3270 01:55:48,440 --> 01:55:52,520 about that not winding down for an hour 3271 01:55:50,719 --> 01:55:54,199 and a half and then oh just check this 3272 01:55:52,520 --> 01:55:56,119 thing before bed I've done that way too 3273 01:55:54,199 --> 01:55:57,719 many times and that resets the clock you 3274 01:55:56,119 --> 01:55:58,719 need your brain to have the ability to 3275 01:55:57,719 --> 01:56:00,800 know that like all right we're done 3276 01:55:58,719 --> 01:56:02,880 working at this time and now I can truly 3277 01:56:00,800 --> 01:56:04,599 just relax and start to wind down and 3278 01:56:02,880 --> 01:56:06,400 the last one for your REM sleep is your 3279 01:56:04,599 --> 01:56:07,960 hydration a lot of people say drink a 3280 01:56:06,400 --> 01:56:10,360 big glass of water when you first wake 3281 01:56:07,960 --> 01:56:12,079 up that's good but I recommend doing the 3282 01:56:10,360 --> 01:56:13,800 same when you first go to bed or right 3283 01:56:12,079 --> 01:56:15,800 before you go to bed it helps like 3284 01:56:13,800 --> 01:56:17,440 basically lubricate the entire process 3285 01:56:15,800 --> 01:56:20,079 for lack of a better term and next is 3286 01:56:17,440 --> 01:56:22,360 our deep sleep which deep sleep is where 3287 01:56:20,079 --> 01:56:24,199 our brain is essentially regenerating 3288 01:56:22,360 --> 01:56:26,800 itself it's also huge for like weight 3289 01:56:24,199 --> 01:56:28,800 loss and like your muscle regeneration 3290 01:56:26,800 --> 01:56:30,400 tissue but we care mostly about our 3291 01:56:28,800 --> 01:56:32,040 productivity output and if you're 3292 01:56:30,400 --> 01:56:34,360 getting high quality deep sleep what 3293 01:56:32,040 --> 01:56:36,840 that looks like is you're waking up with 3294 01:56:34,360 --> 01:56:39,119 a brain that is like fully rejuvenated 3295 01:56:36,840 --> 01:56:41,560 and ready to go and do highly taxing 3296 01:56:39,119 --> 01:56:43,639 like energy requirement type activities 3297 01:56:41,560 --> 01:56:45,920 challenging problem solving for example 3298 01:56:43,639 --> 01:56:48,880 or like uh creative thinking all of 3299 01:56:45,920 --> 01:56:50,679 those processes go much better when uh 3300 01:56:48,880 --> 01:56:52,360 you've had like high quality deep sleep 3301 01:56:50,679 --> 01:56:54,159 and if you don't have that then you wake 3302 01:56:52,360 --> 01:56:57,199 up only able to do like very surface 3303 01:56:54,159 --> 01:56:58,800 level tasks and so doing something like 3304 01:56:57,199 --> 01:57:00,639 going through this course for example if 3305 01:56:58,800 --> 01:57:02,159 you're getting a highquality amount of 3306 01:57:00,639 --> 01:57:05,119 deep sleep you're going to be thinking 3307 01:57:02,159 --> 01:57:06,880 about and consuming this material in a 3308 01:57:05,119 --> 01:57:08,199 completely different way than if you're 3309 01:57:06,880 --> 01:57:09,760 not getting deep sleep and the reason 3310 01:57:08,199 --> 01:57:11,760 we're breaking it out by deep sleep and 3311 01:57:09,760 --> 01:57:13,960 REM is as you can see like there's 3312 01:57:11,760 --> 01:57:16,440 different areas that are impacted so you 3313 01:57:13,960 --> 01:57:18,159 can diagnose in your own life like where 3314 01:57:16,440 --> 01:57:20,239 are you struggling the most and then you 3315 01:57:18,159 --> 01:57:22,000 can hone your focus around what part of 3316 01:57:20,239 --> 01:57:23,880 your routine do you need to fix first 3317 01:57:22,000 --> 01:57:25,760 but yeah so deep sleep it cleanses the 3318 01:57:23,880 --> 01:57:27,719 brain it basically like decreases 3319 01:57:25,760 --> 01:57:30,000 inflammation just for overall health 3320 01:57:27,719 --> 01:57:31,679 it's extremely important but for within 3321 01:57:30,000 --> 01:57:33,840 the context of starting a business and 3322 01:57:31,679 --> 01:57:35,560 being successful at it it requires a lot 3323 01:57:33,840 --> 01:57:37,360 of energy output and deep sleep if 3324 01:57:35,560 --> 01:57:39,599 you're not getting this it'll be 3325 01:57:37,360 --> 01:57:42,560 extremely difficult like your short-term 3326 01:57:39,599 --> 01:57:44,880 memory will suffer your ability to focus 3327 01:57:42,560 --> 01:57:46,800 and hold a conversation or sit down and 3328 01:57:44,880 --> 01:57:48,960 focus on just one task for an extended 3329 01:57:46,800 --> 01:57:50,960 period of time and lastly and most 3330 01:57:48,960 --> 01:57:53,400 importantly your impulse control if you 3331 01:57:50,960 --> 01:57:54,920 ever notice that get like poor deep 3332 01:57:53,400 --> 01:57:57,360 sleep which you're able to track this 3333 01:57:54,920 --> 01:57:58,560 with aura ring or whoop or any of those 3334 01:57:57,360 --> 01:58:00,840 when you get poor deep sleep you'll 3335 01:57:58,560 --> 01:58:03,280 notice that your impulse control like 3336 01:58:00,840 --> 01:58:06,119 your ability to not eat junk food the 3337 01:58:03,280 --> 01:58:08,800 ability to not watch like crappy TV and 3338 01:58:06,119 --> 01:58:11,079 play video games and the ability to pass 3339 01:58:08,800 --> 01:58:12,599 the marshmallow test which you probably 3340 01:58:11,079 --> 01:58:14,360 heard of that before but that was the 3341 01:58:12,599 --> 01:58:16,320 famous test where they had little kids 3342 01:58:14,360 --> 01:58:17,880 sit in a room and they said we're going 3343 01:58:16,320 --> 01:58:19,079 to put one marshmallow in front of you 3344 01:58:17,880 --> 01:58:20,960 you can either eat it right now or you 3345 01:58:19,079 --> 01:58:22,480 can wait 10 minutes and we'll come back 3346 01:58:20,960 --> 01:58:24,840 and we'll put another marshmallow and 3347 01:58:22,480 --> 01:58:27,400 like we'll keep and it was basically one 3348 01:58:24,840 --> 01:58:29,960 of the greatest indicators of long-term 3349 01:58:27,400 --> 01:58:32,040 success was the kids's ability to just 3350 01:58:29,960 --> 01:58:34,400 have delayed gratification and your deep 3351 01:58:32,040 --> 01:58:36,360 sleep directly contributes to that now 3352 01:58:34,400 --> 01:58:38,880 how do we get better deep sleep is first 3353 01:58:36,360 --> 01:58:40,440 and foremost no alcohol I know this is a 3354 01:58:38,880 --> 01:58:42,639 tough one I'm not going to pretend like 3355 01:58:40,440 --> 01:58:43,920 it's an easy thing to do I did it you 3356 01:58:42,639 --> 01:58:46,239 don't have to I'm just sharing what 3357 01:58:43,920 --> 01:58:48,280 worked for me but cutting out alcohol 3358 01:58:46,239 --> 01:58:50,239 has a massive impact on the quality of 3359 01:58:48,280 --> 01:58:52,159 your sleep but when you drink a lot of 3360 01:58:50,239 --> 01:58:53,920 alcohol you notice how you fall asleep 3361 01:58:52,159 --> 01:58:55,639 really easily and that might make you 3362 01:58:53,920 --> 01:58:58,079 think or the common misconception is 3363 01:58:55,639 --> 01:59:00,719 that oh when I get drunk I fall asleep 3364 01:58:58,079 --> 01:59:02,960 really easily like I get good sleep and 3365 01:59:00,719 --> 01:59:05,560 yes it's true you fall asleep quickly 3366 01:59:02,960 --> 01:59:07,840 but you never get like high quality deep 3367 01:59:05,560 --> 01:59:10,280 sleep your body never fully gets into 3368 01:59:07,840 --> 01:59:13,560 its deep sleep cycle it's just a crappy 3369 01:59:10,280 --> 01:59:16,079 truth that it's drinking it has a 3370 01:59:13,560 --> 01:59:18,119 massive impact which you probably 3371 01:59:16,079 --> 01:59:19,360 already known that and realized it but 3372 01:59:18,119 --> 01:59:21,000 just know that like when you are 3373 01:59:19,360 --> 01:59:23,199 drinking it causes inflammation in the 3374 01:59:21,000 --> 01:59:25,520 brain and it like body's ability to get 3375 01:59:23,199 --> 01:59:27,560 in deep Sleep which has a lot of trickle 3376 01:59:25,520 --> 01:59:29,400 down effects so just bringing awareness 3377 01:59:27,560 --> 01:59:31,280 to how all these things are impacting 3378 01:59:29,400 --> 01:59:33,760 your ability to start and successfully 3379 01:59:31,280 --> 01:59:35,560 run and scale a business that sure have 3380 01:59:33,760 --> 01:59:37,119 the drinks but and there's lots of 3381 01:59:35,560 --> 01:59:38,800 entrepreneurs that have been successful 3382 01:59:37,119 --> 01:59:40,599 without it but if we're doing everything 3383 01:59:38,800 --> 01:59:42,320 we possibly can to stack the deck in our 3384 01:59:40,599 --> 01:59:44,199 favor and guarantee that we are 3385 01:59:42,320 --> 01:59:45,639 successful beyond a shadow of a doubt 3386 01:59:44,199 --> 01:59:47,960 and we want to give ourselves the best 3387 01:59:45,639 --> 01:59:49,920 possible hopes cutting out alcohol is 3388 01:59:47,960 --> 01:59:52,119 one of the biggest ways to do it Sam 3389 01:59:49,920 --> 01:59:53,920 ovens who's a famous entrepreneur 3390 01:59:52,119 --> 01:59:55,560 famously said that the most profitable 3391 01:59:53,920 --> 01:59:57,239 thing that he ever did for his business 3392 01:59:55,560 --> 01:59:58,840 was cutting out alcohol I could go on 3393 01:59:57,239 --> 02:00:00,159 and on but you're all adults you can 3394 01:59:58,840 --> 02:00:01,719 make your own decisions I'm just sharing 3395 02:00:00,159 --> 02:00:03,560 what's worked for me I already mentioned 3396 02:00:01,719 --> 02:00:06,320 this but no caffeine after 1:00 p.m. 3397 02:00:03,560 --> 02:00:08,920 being mindful of your sleep cycle so 3398 02:00:06,320 --> 02:00:11,000 doing the same 78 hours a night uh your 3399 02:00:08,920 --> 02:00:12,719 sleep hygiene this is a big one taking 3400 02:00:11,000 --> 02:00:15,840 it's a real thing taking a shower before 3401 02:00:12,719 --> 02:00:17,679 bed specifically a hot shower uh cuz 3402 02:00:15,840 --> 02:00:20,040 like we talked about your body has to 3403 02:00:17,679 --> 02:00:21,679 lower its internal body temperature uh 3404 02:00:20,040 --> 02:00:24,079 but it's only like a couple degrees like 3405 02:00:21,679 --> 02:00:26,280 one or 2° but that's pretty substantial 3406 02:00:24,079 --> 02:00:28,840 but a way that you can like one relax 3407 02:00:26,280 --> 02:00:30,679 your body and your muscles and help aid 3408 02:00:28,840 --> 02:00:32,480 it in lowering its body temperatur is 3409 02:00:30,679 --> 02:00:34,280 actually by taking a hot shower the 3410 02:00:32,480 --> 02:00:36,280 reason that it might be counterintuitive 3411 02:00:34,280 --> 02:00:38,360 but the reason it actually works is that 3412 02:00:36,280 --> 02:00:40,199 when you're in a hot environment what 3413 02:00:38,360 --> 02:00:42,280 does your body do it starts to naturally 3414 02:00:40,199 --> 02:00:43,800 cool itself off and the cooling or 3415 02:00:42,280 --> 02:00:45,440 heating mechanism if you're in a cold 3416 02:00:43,800 --> 02:00:48,400 environment that mechanism comes from 3417 02:00:45,440 --> 02:00:50,560 the inside out so by taking a hot shower 3418 02:00:48,400 --> 02:00:52,719 you relax yourself you're physically 3419 02:00:50,560 --> 02:00:54,840 clean which also has an impact like 3420 02:00:52,719 --> 02:00:56,840 psychologically it makes it a lot easier 3421 02:00:54,840 --> 02:00:59,599 to fall asleep and get deep like high 3422 02:00:56,840 --> 02:01:02,520 quality sleep next is your diet eating 3423 02:00:59,599 --> 02:01:05,159 nutrient pack foods and also along that 3424 02:01:02,520 --> 02:01:06,440 same lines not eating too closely to bed 3425 02:01:05,159 --> 02:01:08,199 and the reason for that is when you're 3426 02:01:06,440 --> 02:01:10,719 eating too close to bed especially a big 3427 02:01:08,199 --> 02:01:12,960 meal like an hour or two before bed is 3428 02:01:10,719 --> 02:01:15,719 terrible because your body during your 3429 02:01:12,960 --> 02:01:17,239 deep sleep it's using your blood flow to 3430 02:01:15,719 --> 02:01:19,800 circulate it throughout and reduce 3431 02:01:17,239 --> 02:01:22,800 inflammation cellular repair all of that 3432 02:01:19,800 --> 02:01:24,679 when you eat a lot your body is too busy 3433 02:01:22,800 --> 02:01:26,480 digesting that and your body sending the 3434 02:01:24,679 --> 02:01:27,840 blood flow instead of it using it how it 3435 02:01:26,480 --> 02:01:29,520 normally would during deep sleep it's 3436 02:01:27,840 --> 02:01:30,719 sending it to the stomach and again 3437 02:01:29,520 --> 02:01:32,520 we're going to keep throwing disclaimers 3438 02:01:30,719 --> 02:01:34,520 out I'm not a doctor this is just what 3439 02:01:32,520 --> 02:01:36,440 I've researched and studied and found in 3440 02:01:34,520 --> 02:01:38,679 myself been tracking this stuff 3441 02:01:36,440 --> 02:01:40,599 incessantly for years now but that's my 3442 02:01:38,679 --> 02:01:42,760 understanding of it so long story short 3443 02:01:40,599 --> 02:01:45,760 don't drink alcohol no caffeine after 1 3444 02:01:42,760 --> 02:01:48,159 p.m. uh watch your sleep cycle same 78 3445 02:01:45,760 --> 02:01:50,320 hours sleep hygiene take a hot shower 3446 02:01:48,159 --> 02:01:53,239 wear orange light glasses they look 3447 02:01:50,320 --> 02:01:55,320 super cool too um eat nutrient packed 3448 02:01:53,239 --> 02:01:57,440 foods like fruits vegetables nuts that 3449 02:01:55,320 --> 02:02:00,639 kind of thing it's far better than like 3450 02:01:57,440 --> 02:02:02,800 a heavy carb based diet um and then not 3451 02:02:00,639 --> 02:02:04,679 eating too close to bed length of sleep 3452 02:02:02,800 --> 02:02:06,280 this is pretty self-explanatory so we're 3453 02:02:04,679 --> 02:02:08,520 not going to touch on it too much keep 3454 02:02:06,280 --> 02:02:10,040 the same 8 hours every night if at all 3455 02:02:08,520 --> 02:02:12,560 possible so you want your temperature 3456 02:02:10,040 --> 02:02:15,199 set to 65° this is what I've done that's 3457 02:02:12,560 --> 02:02:17,520 worked for me I set my temperature to 65 3458 02:02:15,199 --> 02:02:19,280 or 64 I don't keep a phone in the 3459 02:02:17,520 --> 02:02:22,199 bedroom so I don't have the distraction 3460 02:02:19,280 --> 02:02:24,320 or the urge to check my phone I wear a 3461 02:02:22,199 --> 02:02:26,719 sleep mask so that absolutely no light 3462 02:02:24,320 --> 02:02:28,719 is able to get in and possibly distract 3463 02:02:26,719 --> 02:02:31,199 also like shutting and locking the door 3464 02:02:28,719 --> 02:02:32,880 just has a psychological effect for me 3465 02:02:31,199 --> 02:02:34,960 I've noticed it has a psychological 3466 02:02:32,880 --> 02:02:36,800 effect of like your body feeling safe 3467 02:02:34,960 --> 02:02:38,440 and that it can like fully fall asleep 3468 02:02:36,800 --> 02:02:40,040 that's another interesting fact is that 3469 02:02:38,440 --> 02:02:41,440 whenever you sleep in a new place like 3470 02:02:40,040 --> 02:02:43,560 if you're in a hotel or traveling 3471 02:02:41,440 --> 02:02:45,560 anywhere your brain never fully shuts 3472 02:02:43,560 --> 02:02:47,360 off it's a completely subconscious thing 3473 02:02:45,560 --> 02:02:48,800 but it never fully shuts off because it 3474 02:02:47,360 --> 02:02:51,000 doesn't feel like it's in a safe 3475 02:02:48,800 --> 02:02:53,040 environment to do got the orange glasses 3476 02:02:51,000 --> 02:02:54,719 same 8 hour window each night and 3477 02:02:53,040 --> 02:02:56,840 planning tomorrow today basically just 3478 02:02:54,719 --> 02:02:58,320 brain dumping getting everything off 3479 02:02:56,840 --> 02:03:00,199 your mind or journaling whatever you 3480 02:02:58,320 --> 02:03:02,599 want to call it meditate just some 3481 02:03:00,199 --> 02:03:05,119 version of like mentally draining every 3482 02:03:02,599 --> 02:03:07,400 to-do off of your mental to-do list stop 3483 02:03:05,119 --> 02:03:08,920 eating 2 hours before bed and exercise 3484 02:03:07,400 --> 02:03:10,679 at some point throughout the day so that 3485 02:03:08,920 --> 02:03:12,199 your body is physically fatigued now 3486 02:03:10,679 --> 02:03:13,760 onto the diet not going to touch on this 3487 02:03:12,199 --> 02:03:15,239 too much cuz I'm certainly not an expert 3488 02:03:13,760 --> 02:03:18,199 but what I have personally noticed is 3489 02:03:15,239 --> 02:03:20,760 that eating green leafy vegetables nuts 3490 02:03:18,199 --> 02:03:23,960 fish berries serves me far better from a 3491 02:03:20,760 --> 02:03:26,639 mental like cognitive level than from 3492 02:03:23,960 --> 02:03:29,040 eating like fried foods processed carbs 3493 02:03:26,639 --> 02:03:30,880 High sugary Foods sodas alcohol 3494 02:03:29,040 --> 02:03:32,079 certainly the reason for that is that 3495 02:03:30,880 --> 02:03:34,560 you've heard the saying that you are 3496 02:03:32,079 --> 02:03:36,320 what you eat and it's certainly true if 3497 02:03:34,560 --> 02:03:38,880 you actually start I didn't notice this 3498 02:03:36,320 --> 02:03:41,199 until like fairly recently but any days 3499 02:03:38,880 --> 02:03:44,040 where even the day prior if I ate like 3500 02:03:41,199 --> 02:03:46,800 high carb diets like crappy Foods the 3501 02:03:44,040 --> 02:03:48,679 whole next day I was in a semi brain fog 3502 02:03:46,800 --> 02:03:51,320 like meaning I felt like I couldn't like 3503 02:03:48,679 --> 02:03:52,800 really think or hold a cohesive thought 3504 02:03:51,320 --> 02:03:55,119 compared to the days where I'm eating 3505 02:03:52,800 --> 02:03:57,000 like extremely clean fruits vegetables 3506 02:03:55,119 --> 02:03:58,880 clean Meats if you're a vegetarian or 3507 02:03:57,000 --> 02:04:00,599 whatever that's fine whatever suits you 3508 02:03:58,880 --> 02:04:03,119 like this just what works for me those 3509 02:04:00,599 --> 02:04:05,719 days I felt like I had laser focus so I 3510 02:04:03,119 --> 02:04:08,480 was able to just move from task to task 3511 02:04:05,719 --> 02:04:10,840 have complete mental Clarity and stay on 3512 02:04:08,480 --> 02:04:13,040 top of the task at hand and I wasn't 3513 02:04:10,840 --> 02:04:15,119 like getting distracted by things nearly 3514 02:04:13,040 --> 02:04:17,400 as much as I would when I was eating 3515 02:04:15,119 --> 02:04:20,079 like pizzas and lots of Breads and 3516 02:04:17,400 --> 02:04:21,480 processed carbs that kind of stuff and 3517 02:04:20,079 --> 02:04:23,440 again I'm not telling anybody how you 3518 02:04:21,480 --> 02:04:25,079 have to to live just saying this is what 3519 02:04:23,440 --> 02:04:26,920 worked has worked for me getting better 3520 02:04:25,079 --> 02:04:28,480 sleep has changed my life immensely 3521 02:04:26,920 --> 02:04:30,599 changing my diet or at the very least 3522 02:04:28,480 --> 02:04:32,000 being aware of the trade-offs of the 3523 02:04:30,599 --> 02:04:34,280 diet and the impact that it has on my 3524 02:04:32,000 --> 02:04:36,320 business and just My overall happiness 3525 02:04:34,280 --> 02:04:37,880 and energy levels has also served me 3526 02:04:36,320 --> 02:04:39,719 extremely well but none of them have 3527 02:04:37,880 --> 02:04:41,360 served me nearly as well as my 3528 02:04:39,719 --> 02:04:43,599 understanding or what I've learned from 3529 02:04:41,360 --> 02:04:45,920 this next piece which is about our 3530 02:04:43,599 --> 02:04:48,159 dopamine and dopamine is a buzz word 3531 02:04:45,920 --> 02:04:50,079 that's thrown around a lot but it's a 3532 02:04:48,159 --> 02:04:52,280 common misconception that dopamine is 3533 02:04:50,079 --> 02:04:54,280 basically the the reward center of the 3534 02:04:52,280 --> 02:04:56,239 brain the reward chemical but a common 3535 02:04:54,280 --> 02:04:57,840 misconception is that it's released when 3536 02:04:56,239 --> 02:04:59,280 you achieve something like when you 3537 02:04:57,840 --> 02:05:01,800 reach a goal when you cross the finish 3538 02:04:59,280 --> 02:05:03,280 line when you have the big sail or exit 3539 02:05:01,800 --> 02:05:05,199 and the truth of it this something I 3540 02:05:03,280 --> 02:05:06,719 learned from the hubman labs podcast is 3541 02:05:05,199 --> 02:05:08,679 that dopamine they've studied this and 3542 02:05:06,719 --> 02:05:11,400 proven it it's actually released along 3543 02:05:08,679 --> 02:05:13,480 the journey it's released from doing the 3544 02:05:11,400 --> 02:05:15,599 work it's released by doing the hard 3545 02:05:13,480 --> 02:05:16,920 thing and a good example of this like a 3546 02:05:15,599 --> 02:05:19,920 great way to spike your dopamine 3547 02:05:16,920 --> 02:05:21,719 naturally is by doing cold plunges like 3548 02:05:19,920 --> 02:05:23,320 when you do a cold plunge and they 3549 02:05:21,719 --> 02:05:26,079 studied this as well like they thought 3550 02:05:23,320 --> 02:05:27,760 that it was like oh like the cold water 3551 02:05:26,079 --> 02:05:30,040 has all these health benefits on your 3552 02:05:27,760 --> 02:05:31,679 body and yes that's true in other areas 3553 02:05:30,040 --> 02:05:33,920 but the thing that's spiking it or 3554 02:05:31,679 --> 02:05:36,040 increasing it is you waking up and doing 3555 02:05:33,920 --> 02:05:38,040 a hard thing you pushing yourself 3556 02:05:36,040 --> 02:05:39,440 through a challenging moment that's a 3557 02:05:38,040 --> 02:05:41,760 lesson that has served me extremely well 3558 02:05:39,440 --> 02:05:43,639 is understanding that as I push myself 3559 02:05:41,760 --> 02:05:46,639 to do hard things as I push myself to 3560 02:05:43,639 --> 02:05:49,040 sit down and find new products or do 3561 02:05:46,639 --> 02:05:51,440 research or make new ads doing things 3562 02:05:49,040 --> 02:05:53,440 that I don't necessarily feel like doing 3563 02:05:51,440 --> 02:05:55,360 like I'm not jumping to for joy to make 3564 02:05:53,440 --> 02:05:56,760 brand new ads I love it don't get me 3565 02:05:55,360 --> 02:05:58,880 wrong but there's days where it feels 3566 02:05:56,760 --> 02:06:01,199 tiring understanding that by me pushing 3567 02:05:58,880 --> 02:06:02,800 myself through those tough times it's 3568 02:06:01,199 --> 02:06:05,000 serving me extremely well and it's 3569 02:06:02,800 --> 02:06:07,040 building like a mental muscle that will 3570 02:06:05,000 --> 02:06:09,079 allow me to do a lot more of that later 3571 02:06:07,040 --> 02:06:11,159 on down the road so it's released when 3572 02:06:09,079 --> 02:06:13,400 you are working towards that thing it's 3573 02:06:11,159 --> 02:06:15,440 basically the reward center of the brain 3574 02:06:13,400 --> 02:06:17,440 another important concept uh for us to 3575 02:06:15,440 --> 02:06:19,599 cover is that there's cheap dope mean 3576 02:06:17,440 --> 02:06:21,760 all over the place there are all kinds 3577 02:06:19,599 --> 02:06:24,320 of sources it is so readily available 3578 02:06:21,760 --> 02:06:25,440 nowadays that it is a huge problem uh 3579 02:06:24,320 --> 02:06:26,719 which we're not going to solve all that 3580 02:06:25,440 --> 02:06:28,079 here but all we're going to do is bring 3581 02:06:26,719 --> 02:06:30,079 awareness to it so you can know what to 3582 02:06:28,079 --> 02:06:33,679 avoid and what to expect like social 3583 02:06:30,079 --> 02:06:35,800 media junk food drinking pornography 3584 02:06:33,679 --> 02:06:38,280 binge watching like anything that causes 3585 02:06:35,800 --> 02:06:40,400 instant gratification like that is cheap 3586 02:06:38,280 --> 02:06:41,639 dopamine now why is this important and 3587 02:06:40,400 --> 02:06:43,239 why is this relevant to starting a 3588 02:06:41,639 --> 02:06:45,119 business is that starting a business is 3589 02:06:43,239 --> 02:06:47,239 like the epitome of delayed 3590 02:06:45,119 --> 02:06:49,599 gratification it is the opposite of all 3591 02:06:47,239 --> 02:06:52,159 of those things and so when our brains 3592 02:06:49,599 --> 02:06:54,199 our caveman brains are sitting down and 3593 02:06:52,159 --> 02:06:56,199 we have two options in front of us a I 3594 02:06:54,199 --> 02:06:57,920 could either work on the business or B I 3595 02:06:56,199 --> 02:06:59,760 could watch a dumb YouTube video I could 3596 02:06:57,920 --> 02:07:01,719 watch a dumb YouTube 20-hour YouTube 3597 02:06:59,760 --> 02:07:03,719 video some really cool guy teach me 3598 02:07:01,719 --> 02:07:05,079 about dopamine like you're going to do 3599 02:07:03,719 --> 02:07:06,400 you would actually watch a cat video or 3600 02:07:05,079 --> 02:07:08,280 something far more entertaining than 3601 02:07:06,400 --> 02:07:10,320 this but when your brain's given those 3602 02:07:08,280 --> 02:07:12,159 two options we have a self-preservation 3603 02:07:10,320 --> 02:07:13,960 driven brain it's going to go with the 3604 02:07:12,159 --> 02:07:16,400 thing that causes the least amount of 3605 02:07:13,960 --> 02:07:18,400 harm or effort in the moment to try and 3606 02:07:16,400 --> 02:07:20,199 conserve energy and preserve itself 3607 02:07:18,400 --> 02:07:21,520 which is watching the cat videos it's so 3608 02:07:20,199 --> 02:07:23,480 much easier you get instant Gra 3609 02:07:21,520 --> 02:07:25,079 gratification the brain goes after that 3610 02:07:23,480 --> 02:07:26,599 our brains don't have the ability we 3611 02:07:25,079 --> 02:07:28,599 haven't evolved yet to have the ability 3612 02:07:26,599 --> 02:07:30,520 to naturally uh be prone for like 3613 02:07:28,599 --> 02:07:33,000 long-term thinking and the starting the 3614 02:07:30,520 --> 02:07:35,679 business in it involves a much larger 3615 02:07:33,000 --> 02:07:37,880 payout but it involves waiting 6 months 3616 02:07:35,679 --> 02:07:39,280 a year 18 months before we start getting 3617 02:07:37,880 --> 02:07:41,000 that reward compared to the instant 3618 02:07:39,280 --> 02:07:42,840 gratification I can get right now all 3619 02:07:41,000 --> 02:07:45,280 that to be said that's why it's so hard 3620 02:07:42,840 --> 02:07:47,440 resisting like Tik Tok and Instagram and 3621 02:07:45,280 --> 02:07:49,320 all these other things it's not you 3622 02:07:47,440 --> 02:07:51,199 you're not like a weak-minded person 3623 02:07:49,320 --> 02:07:53,119 it's mostly like these algorithms have 3624 02:07:51,199 --> 02:07:55,440 gotten extremely good at tempting us so 3625 02:07:53,119 --> 02:07:57,480 just be aware that all of those instant 3626 02:07:55,440 --> 02:07:59,639 gratification sources anytime you do 3627 02:07:57,480 --> 02:08:01,239 that your brain is going to want less 3628 02:07:59,639 --> 02:08:02,559 and less to sit down and do the hard 3629 02:08:01,239 --> 02:08:04,559 thing and there'll be times where yeah 3630 02:08:02,559 --> 02:08:06,920 you feel inspired you get super fed up 3631 02:08:04,559 --> 02:08:08,559 at work your 9-5 is feeling particularly 3632 02:08:06,920 --> 02:08:10,639 miserable someday then you'll be like 3633 02:08:08,559 --> 02:08:11,960 motivated to like really sit down and 3634 02:08:10,639 --> 02:08:13,719 work on a business but that motivation 3635 02:08:11,960 --> 02:08:15,920 is going to be fleeting so it comes down 3636 02:08:13,719 --> 02:08:18,840 to the discipline and the the awareness 3637 02:08:15,920 --> 02:08:20,960 of why our brains are driven to the 3638 02:08:18,840 --> 02:08:23,760 simpler like easier things that do not 3639 02:08:20,960 --> 02:08:25,440 serve us long term and so we can be 3640 02:08:23,760 --> 02:08:28,320 consciously like pushing ourselves to 3641 02:08:25,440 --> 02:08:29,880 work on the harder longer term thing of 3642 02:08:28,320 --> 02:08:32,159 starting a business now the ways that we 3643 02:08:29,880 --> 02:08:33,920 can increase our dopamine are ironically 3644 02:08:32,159 --> 02:08:35,920 first of all sleep whenever you have 3645 02:08:33,920 --> 02:08:37,480 like I said earlier if you have a full 3646 02:08:35,920 --> 02:08:39,599 night's rest you're going to find it far 3647 02:08:37,480 --> 02:08:42,119 easier to resist urges and like your 3648 02:08:39,599 --> 02:08:43,440 Temptations like when you're sit sitting 3649 02:08:42,119 --> 02:08:45,679 down you have a and b you're going to 3650 02:08:43,440 --> 02:08:47,239 have a much easier time doing the hard 3651 02:08:45,679 --> 02:08:49,599 thing pushing yourself to do that than 3652 02:08:47,239 --> 02:08:51,679 you are if you get 2 hours of sleep next 3653 02:08:49,599 --> 02:08:54,040 is exercise it's great natural source of 3654 02:08:51,679 --> 02:08:56,920 dopamine meditation uh and most of all 3655 02:08:54,040 --> 02:08:59,000 cutting out the cheap dopamine and last 3656 02:08:56,920 --> 02:09:00,719 one is is something that's really served 3657 02:08:59,000 --> 02:09:02,480 me and understanding that I need to 3658 02:09:00,719 --> 02:09:04,440 become okay with being bored like 3659 02:09:02,480 --> 02:09:06,079 nowadays boredom seems like a bad thing 3660 02:09:04,440 --> 02:09:08,320 like you see people doing stuff all the 3661 02:09:06,079 --> 02:09:10,400 time seemingly people are living the 3662 02:09:08,320 --> 02:09:12,040 most interesting lives but because 3663 02:09:10,400 --> 02:09:13,840 they're posting on social media and 3664 02:09:12,040 --> 02:09:15,559 stuff and none of that's true obviously 3665 02:09:13,840 --> 02:09:17,000 everybody has downtime but what social 3666 02:09:15,559 --> 02:09:18,760 media has done to us has made us think 3667 02:09:17,000 --> 02:09:20,400 that if I'm doing nothing then I'm doing 3668 02:09:18,760 --> 02:09:22,559 something wrong and nothing could be 3669 02:09:20,400 --> 02:09:24,599 further from the truth being bored 3670 02:09:22,559 --> 02:09:26,920 actually serves an amazing purpose it 3671 02:09:24,599 --> 02:09:28,920 restores us it rejuvenates us and it 3672 02:09:26,920 --> 02:09:31,520 makes it helps our brains crave doing 3673 02:09:28,920 --> 02:09:33,000 harder things especially when the cheap 3674 02:09:31,520 --> 02:09:35,360 dopamine has been removed all the 3675 02:09:33,000 --> 02:09:37,440 alcohol is out of the house junk food is 3676 02:09:35,360 --> 02:09:39,400 out of the house like you've blocked 3677 02:09:37,440 --> 02:09:41,119 sites that you shouldn't be going to and 3678 02:09:39,400 --> 02:09:43,040 you take the PlayStation out of your 3679 02:09:41,119 --> 02:09:45,440 house like once all those cheap sources 3680 02:09:43,040 --> 02:09:48,280 are gone and you're left with nothing 3681 02:09:45,440 --> 02:09:50,800 but your work or nothing that's where 3682 02:09:48,280 --> 02:09:52,000 you end up in a really like good spot 3683 02:09:50,800 --> 02:09:53,880 but the problem and why that's 3684 02:09:52,000 --> 02:09:55,559 challenging for most people is that when 3685 02:09:53,880 --> 02:09:56,760 you are left with work or nothing and 3686 02:09:55,559 --> 02:09:59,239 you're doing nothing you feel like 3687 02:09:56,760 --> 02:10:01,920 there's something a little off so when I 3688 02:09:59,239 --> 02:10:04,559 learn to embrace boredom and seeing it 3689 02:10:01,920 --> 02:10:06,639 as not like me being a loser since I'm 3690 02:10:04,559 --> 02:10:09,239 not out like drinking with buddies and 3691 02:10:06,639 --> 02:10:11,760 stuff soon as I saw that as a tool in my 3692 02:10:09,239 --> 02:10:12,960 business it changed everything for me 3693 02:10:11,760 --> 02:10:15,000 and that's when I learned the lesson 3694 02:10:12,960 --> 02:10:17,920 that feeling bored does not mean that 3695 02:10:15,000 --> 02:10:19,719 you're depressed and I'm speaking from 3696 02:10:17,920 --> 02:10:21,520 my own experience a lot of times it can 3697 02:10:19,719 --> 02:10:23,119 feel similar not that I've ever really 3698 02:10:21,520 --> 02:10:25,280 been depressed but I think a lot of 3699 02:10:23,119 --> 02:10:27,400 people suffer from what they think is 3700 02:10:25,280 --> 02:10:29,280 depression when in reality they could 3701 02:10:27,400 --> 02:10:31,159 just be bored and then they fill their 3702 02:10:29,280 --> 02:10:33,360 time they try to immediately counteract 3703 02:10:31,159 --> 02:10:34,960 their boredom with cheap dopamine and 3704 02:10:33,360 --> 02:10:37,320 it's such a slippery slope once you 3705 02:10:34,960 --> 02:10:39,360 start scrolling on Tik Tok and you like 3706 02:10:37,320 --> 02:10:41,400 drain your dopamine reserves basically 3707 02:10:39,360 --> 02:10:43,400 you are then more likely to go out and 3708 02:10:41,400 --> 02:10:44,920 drink especially binge drink then you 3709 02:10:43,400 --> 02:10:46,960 binge drink then you're likely to eat 3710 02:10:44,920 --> 02:10:48,800 crappy foods you eat crappy Foods you're 3711 02:10:46,960 --> 02:10:50,480 going to get shitty sleep and then you 3712 02:10:48,800 --> 02:10:53,239 get shitty sleep you're going to wake up 3713 02:10:50,480 --> 02:10:54,400 feeling like brain fog and not feel like 3714 02:10:53,239 --> 02:10:57,000 doing anything and you just put yourself 3715 02:10:54,400 --> 02:10:58,880 in a bad cycle and then oh it's Thursday 3716 02:10:57,000 --> 02:11:01,119 or Friday it's time to drink again and 3717 02:10:58,880 --> 02:11:03,119 trying to time to repeat that process 3718 02:11:01,119 --> 02:11:04,599 then maybe a month and a half goes by 3719 02:11:03,119 --> 02:11:06,440 and you have a really terrible day at 3720 02:11:04,599 --> 02:11:07,840 work and that gets you to come and watch 3721 02:11:06,440 --> 02:11:09,559 this training you don't change any of 3722 02:11:07,840 --> 02:11:11,079 the other habits you just start watching 3723 02:11:09,559 --> 02:11:13,040 as training or decide hey I'm going to 3724 02:11:11,079 --> 02:11:15,040 start a business I'm sick of this I'm 3725 02:11:13,040 --> 02:11:17,199 going to start my own thing and if none 3726 02:11:15,040 --> 02:11:18,719 of the other habits change then that's 3727 02:11:17,199 --> 02:11:20,159 not going to happen it's going to be a 3728 02:11:18,719 --> 02:11:21,960 fleeting experience cuz you're going to 3729 02:11:20,159 --> 02:11:24,639 be self-sabotaging yourself in all these 3730 02:11:21,960 --> 02:11:26,760 other ways the way that I recommend 3731 02:11:24,639 --> 02:11:29,599 course correcting this for anybody who 3732 02:11:26,760 --> 02:11:31,159 is down in the dumps and stuck in that 3733 02:11:29,599 --> 02:11:32,920 kind of loop is doing something called a 3734 02:11:31,159 --> 02:11:34,440 dopamine detox there's a lot of 3735 02:11:32,920 --> 02:11:36,679 different forms of this but long story 3736 02:11:34,440 --> 02:11:39,320 short it's basically remove like I said 3737 02:11:36,679 --> 02:11:41,960 removing all the sources of cheap DOP 3738 02:11:39,320 --> 02:11:43,480 mean and just sitting there and 3739 02:11:41,960 --> 02:11:45,119 essentially just being bored it's like 3740 02:11:43,480 --> 02:11:48,119 the simplest thing to do but it's also 3741 02:11:45,119 --> 02:11:50,360 very challenging because it's something 3742 02:11:48,119 --> 02:11:52,440 completely counter to what we are taught 3743 02:11:50,360 --> 02:11:55,159 and what the day-to-day person does in 3744 02:11:52,440 --> 02:11:57,520 our society but it is a great hack to 3745 02:11:55,159 --> 02:11:59,599 make building a business actually fun 3746 02:11:57,520 --> 02:12:01,480 cuz you basically are just removing all 3747 02:11:59,599 --> 02:12:03,599 other sources of fun from your life 3748 02:12:01,480 --> 02:12:05,520 quote unquote fun because when people 3749 02:12:03,599 --> 02:12:07,239 say oh well you stop drinking you sto 3750 02:12:05,520 --> 02:12:09,040 going out you're not playing video games 3751 02:12:07,239 --> 02:12:10,520 like you're not really living those are 3752 02:12:09,040 --> 02:12:11,880 all the people that say that are the 3753 02:12:10,520 --> 02:12:13,079 people that are stuck in N9 to-5 jobs 3754 02:12:11,880 --> 02:12:15,280 that they actually hate and they believe 3755 02:12:13,079 --> 02:12:16,920 in this concept of work life balance 3756 02:12:15,280 --> 02:12:18,840 which cannot be further from the truth 3757 02:12:16,920 --> 02:12:21,199 when you are touting this idea of work 3758 02:12:18,840 --> 02:12:23,599 life balance it's because you hate your 3759 02:12:21,199 --> 02:12:25,119 work so much that you view anything 3760 02:12:23,599 --> 02:12:26,840 outside of it as like you're one 3761 02:12:25,119 --> 02:12:29,440 reprieve but the way to actually be 3762 02:12:26,840 --> 02:12:31,840 successful and to me to find fulfillment 3763 02:12:29,440 --> 02:12:34,119 long term is to be able to merge the two 3764 02:12:31,840 --> 02:12:35,880 so that I love my work and I what I'm 3765 02:12:34,119 --> 02:12:37,880 working on is fulfilling and I'm getting 3766 02:12:35,880 --> 02:12:39,679 my fulfillment from my work not from 3767 02:12:37,880 --> 02:12:41,840 these cheap sources that don't actually 3768 02:12:39,679 --> 02:12:43,559 bring you happiness cuz for me it 3769 02:12:41,840 --> 02:12:45,159 doesn't if I really get honest with 3770 02:12:43,559 --> 02:12:47,480 myself any of the times that I've gone 3771 02:12:45,159 --> 02:12:49,719 out drinking or ate junk food yes it's a 3772 02:12:47,480 --> 02:12:51,639 mental like vacation but it's not like 3773 02:12:49,719 --> 02:12:54,119 building actual happiness so if you're 3774 02:12:51,639 --> 02:12:55,840 interested in feeling rejuvenated and 3775 02:12:54,119 --> 02:12:57,840 charged to start a business and like 3776 02:12:55,840 --> 02:13:00,880 excited to sit down and actually start 3777 02:12:57,840 --> 02:13:03,800 working I would challenge anybody to try 3778 02:13:00,880 --> 02:13:06,800 one week of a dopamine detox try just 3779 02:13:03,800 --> 02:13:08,480 one week of no drinking no junk food no 3780 02:13:06,800 --> 02:13:11,480 social media delete it from your phone 3781 02:13:08,480 --> 02:13:13,840 entirely like no video games no TV your 3782 02:13:11,480 --> 02:13:16,800 only forms of entertainment can be like 3783 02:13:13,840 --> 02:13:18,440 books going for walks meditating talking 3784 02:13:16,800 --> 02:13:20,440 with friends not drinking with friends 3785 02:13:18,440 --> 02:13:22,079 and just do that for 7 days and see how 3786 02:13:20,440 --> 02:13:24,400 you feel after after that and try 3787 02:13:22,079 --> 02:13:26,760 sitting down to work or think about 3788 02:13:24,400 --> 02:13:28,440 working at the end of 7 Days your brain 3789 02:13:26,760 --> 02:13:30,119 starts like going on a whole different 3790 02:13:28,440 --> 02:13:31,920 level and in the background when you 3791 02:13:30,119 --> 02:13:33,760 don't have that stuff to look forward to 3792 02:13:31,920 --> 02:13:35,960 that's distracting you really your brain 3793 02:13:33,760 --> 02:13:38,520 starts subconsciously instead of problem 3794 02:13:35,960 --> 02:13:40,400 solving and uh like thinking about oh 3795 02:13:38,520 --> 02:13:42,400 what's the next episode of my TV show 3796 02:13:40,400 --> 02:13:44,000 going to be or oh what should I do with 3797 02:13:42,400 --> 02:13:45,480 so and so this weekend like what bar 3798 02:13:44,000 --> 02:13:47,679 should we go to when you're remove all 3799 02:13:45,480 --> 02:13:49,760 that it frees up so much bandwidth for 3800 02:13:47,679 --> 02:13:51,800 your brain to start solving real 3801 02:13:49,760 --> 02:13:53,520 problems give you some actual beneficial 3802 02:13:51,800 --> 02:13:55,159 stuff like building your business 3803 02:13:53,520 --> 02:13:56,440 anytime that I've cut out this kind of 3804 02:13:55,159 --> 02:13:59,079 stuff I notice that when I'm just 3805 02:13:56,440 --> 02:14:00,480 sitting there like driving instead of 3806 02:13:59,079 --> 02:14:02,079 thinking about like video games I'm 3807 02:14:00,480 --> 02:14:03,679 thinking about the business and it just 3808 02:14:02,079 --> 02:14:05,480 happens all the time and that's the kind 3809 02:14:03,679 --> 02:14:07,599 of thing that like really compounds and 3810 02:14:05,480 --> 02:14:10,079 makes a huge difference overall so 3811 02:14:07,599 --> 02:14:12,280 that's the lesson on energy to recap we 3812 02:14:10,079 --> 02:14:13,920 have our sleep our diet and our 3813 02:14:12,280 --> 02:14:15,800 relationship with dopamine those are 3814 02:14:13,920 --> 02:14:17,599 three things that once I understood what 3815 02:14:15,800 --> 02:14:19,639 we just went through really changed my 3816 02:14:17,599 --> 02:14:21,719 life dramatically cuz even though I'm 3817 02:14:19,639 --> 02:14:24,400 certainly not perfect by any stretch 3818 02:14:21,719 --> 02:14:26,000 like there are times where I relapse and 3819 02:14:24,400 --> 02:14:28,000 like I get crappy sleep I don't eat a 3820 02:14:26,000 --> 02:14:30,440 good diet like I drink coffee too late 3821 02:14:28,000 --> 02:14:31,920 in the day at the very least I'm aware 3822 02:14:30,440 --> 02:14:33,960 of the impact that is going to have and 3823 02:14:31,920 --> 02:14:36,239 I know what to expect in my business and 3824 02:14:33,960 --> 02:14:38,320 then if I ever feel like hey the 3825 02:14:36,239 --> 02:14:40,280 business isn't going well the very first 3826 02:14:38,320 --> 02:14:41,960 place that I look now is at myself and I 3827 02:14:40,280 --> 02:14:43,639 look at what are my habits what have I 3828 02:14:41,960 --> 02:14:45,280 been doing it's like okay I've been 3829 02:14:43,639 --> 02:14:47,320 drinking coffee too late been getting 3830 02:14:45,280 --> 02:14:49,440 crappy sleep haven't had the motivation 3831 02:14:47,320 --> 02:14:50,760 to like work on hard things no wonder 3832 02:14:49,440 --> 02:14:52,320 the business isn't going in the 3833 02:14:50,760 --> 02:14:54,559 direction that I want your sleep your 3834 02:14:52,320 --> 02:14:56,000 diet dopamine I went through some tools 3835 02:14:54,559 --> 02:14:58,679 I know some of them sound out there and 3836 02:14:56,000 --> 02:15:00,079 it sounds crazy but just try it out but 3837 02:14:58,679 --> 02:15:02,559 this is here for you so whatever you 3838 02:15:00,079 --> 02:15:04,040 find useful this is not the law by any 3839 02:15:02,559 --> 02:15:05,880 means but hopefully this has helped you 3840 02:15:04,040 --> 02:15:08,079 see like why none of the stuff that's 3841 02:15:05,880 --> 02:15:09,920 coming up in the the rest of the the 3842 02:15:08,079 --> 02:15:12,480 course really matters unless we get this 3843 02:15:09,920 --> 02:15:14,199 stuff figured out and if you apply this 3844 02:15:12,480 --> 02:15:16,079 stuff it'll at least in my experience it 3845 02:15:14,199 --> 02:15:18,360 helped a lot with waking up feeling 3846 02:15:16,079 --> 02:15:20,280 energized and yeah the end result is 3847 02:15:18,360 --> 02:15:22,079 more dollars in the bank account which I 3848 02:15:20,280 --> 02:15:24,840 know this is not what people expect from 3849 02:15:22,079 --> 02:15:27,440 an e-commerce course but it is extremely 3850 02:15:24,840 --> 02:15:29,520 important and it's far more important 3851 02:15:27,440 --> 02:15:31,040 than like any AD strategy I could ever 3852 02:15:29,520 --> 02:15:33,239 teach you so hopefully you found this 3853 02:15:31,040 --> 02:15:34,820 useful and next up we're going to talk 3854 02:15:33,239 --> 02:15:43,309 about 3855 02:15:34,820 --> 02:15:43,309 [Music] 3856 02:15:45,719 --> 02:15:50,520 focus in this lesson we're going to be 3857 02:15:47,639 --> 02:15:52,320 talking about Focus otherwise known as 3858 02:15:50,520 --> 02:15:54,960 the one character trait that is 3859 02:15:52,320 --> 02:15:57,599 single-handedly cost me by far the most 3860 02:15:54,960 --> 02:16:01,000 money the reason being is that when you 3861 02:15:57,599 --> 02:16:02,880 have Focus you are able to laser focused 3862 02:16:01,000 --> 02:16:04,480 and bore a hole all the way to the 3863 02:16:02,880 --> 02:16:07,159 Center of the Earth and if you don't 3864 02:16:04,480 --> 02:16:10,800 have Focus you will end up with a bunch 3865 02:16:07,159 --> 02:16:12,760 of half do ditches and end up with 3866 02:16:10,800 --> 02:16:14,520 nothing at the end of the day I think 3867 02:16:12,760 --> 02:16:16,280 it's something that every beginner 3868 02:16:14,520 --> 02:16:18,079 entrepreneur goes through because we 3869 02:16:16,280 --> 02:16:20,119 have so much like self-doubt and we're 3870 02:16:18,079 --> 02:16:21,320 not sure like is this the right thing am 3871 02:16:20,119 --> 02:16:23,119 I focusing on the right right thing so 3872 02:16:21,320 --> 02:16:25,199 we just do a little bit of everything 3873 02:16:23,119 --> 02:16:26,800 and really get nowhere I think that's 3874 02:16:25,199 --> 02:16:30,679 where a lot of it stems from at least it 3875 02:16:26,800 --> 02:16:32,599 was for myself I had one brand that was 3876 02:16:30,679 --> 02:16:35,479 going like pretty well but then instead 3877 02:16:32,599 --> 02:16:37,439 of staying focused instead of doing that 3878 02:16:35,479 --> 02:16:40,080 I'm going to start three more Brands so 3879 02:16:37,439 --> 02:16:42,080 if one brand is going well then four in 3880 02:16:40,080 --> 02:16:44,200 total would be four times the money 3881 02:16:42,080 --> 02:16:46,800 right and no it ended up being four 3882 02:16:44,200 --> 02:16:47,960 times the amount of mess and even if 3883 02:16:46,800 --> 02:16:51,399 you're not trying to start multiple 3884 02:16:47,960 --> 02:16:53,719 brands on a smaller scale when we have 3885 02:16:51,399 --> 02:16:55,840 focus in our business we're able to stay 3886 02:16:53,719 --> 02:16:58,599 laser focused on the most important 3887 02:16:55,840 --> 02:17:02,280 areas and just do more of what matters 3888 02:16:58,599 --> 02:17:05,160 most and when I earlier on didn't have 3889 02:17:02,280 --> 02:17:07,519 Focus I would end up like we would have 3890 02:17:05,160 --> 02:17:09,519 like our product our Facebook ads and 3891 02:17:07,519 --> 02:17:11,519 email marketing are like the main most 3892 02:17:09,519 --> 02:17:12,920 important things but then I would get 3893 02:17:11,519 --> 02:17:15,319 shiny object syndrome like we're going 3894 02:17:12,920 --> 02:17:17,319 to talk about and that would lead me 3895 02:17:15,319 --> 02:17:19,599 down rabbit holes of like testing out 3896 02:17:17,319 --> 02:17:21,880 little apps and trinkets and new 3897 02:17:19,599 --> 02:17:23,519 strategies that if I had really just 3898 02:17:21,880 --> 02:17:25,479 doubled down and done more of what was 3899 02:17:23,519 --> 02:17:27,479 already working and stayed focused would 3900 02:17:25,479 --> 02:17:29,960 have made me 10 times more money that's 3901 02:17:27,479 --> 02:17:31,960 why when somebody is unfocused this is 3902 02:17:29,960 --> 02:17:33,519 what it looks like like it looks like a 3903 02:17:31,960 --> 02:17:36,040 lot of effort going to a lot of 3904 02:17:33,519 --> 02:17:38,599 different areas compared to somebody who 3905 02:17:36,040 --> 02:17:41,359 is focused they put all of that effort 3906 02:17:38,599 --> 02:17:44,399 and energy just into one specific area 3907 02:17:41,359 --> 02:17:47,280 the most important thing and they go a 3908 02:17:44,399 --> 02:17:49,240 lot further and the reason that this is 3909 02:17:47,280 --> 02:17:51,719 so challenging is that I think there's a 3910 02:17:49,240 --> 02:17:54,080 misconception that Focus equals sitting 3911 02:17:51,719 --> 02:17:55,920 down and being able to do the thing and 3912 02:17:54,080 --> 02:17:59,040 something that I learned from Sam ovens 3913 02:17:55,920 --> 02:18:00,359 to give him credit is that focus is not 3914 02:17:59,040 --> 02:18:03,240 that it is not sitting down and just 3915 02:18:00,359 --> 02:18:06,200 doing one thing Focus true Focus comes 3916 02:18:03,240 --> 02:18:08,920 from a complete and utter lack of 3917 02:18:06,200 --> 02:18:11,040 distractions it comes from very 3918 02:18:08,920 --> 02:18:12,599 intentionally clearing away everything 3919 02:18:11,040 --> 02:18:14,719 that could draw us away from the one 3920 02:18:12,599 --> 02:18:17,160 thing that matters most including and 3921 02:18:14,719 --> 02:18:19,519 especially when that thing is our self 3922 02:18:17,160 --> 02:18:21,479 so we have to be disciplined to continue 3923 02:18:19,519 --> 02:18:23,120 to do the one thing that matters most 3924 02:18:21,479 --> 02:18:25,719 even in a world where there are shiny 3925 02:18:23,120 --> 02:18:27,399 objects all around us especially as 3926 02:18:25,719 --> 02:18:29,920 entrepreneurs the social media 3927 02:18:27,399 --> 02:18:35,240 algorithms optimize to show you every 3928 02:18:29,920 --> 02:18:36,760 new app and widget and like software ad 3929 02:18:35,240 --> 02:18:39,599 because you're in that market so you're 3930 02:18:36,760 --> 02:18:41,960 going to be bombarded with potential new 3931 02:18:39,599 --> 02:18:44,559 ways to make money new business 3932 02:18:41,960 --> 02:18:46,000 opportunities and they all look good 3933 02:18:44,559 --> 02:18:47,160 they have social proof they have 3934 02:18:46,000 --> 02:18:48,519 somebody who seems like they know what 3935 02:18:47,160 --> 02:18:51,120 they're talking about they always 3936 02:18:48,519 --> 02:18:52,080 portray it as it's super easy so go do 3937 02:18:51,120 --> 02:18:54,880 this and then you're going to look at 3938 02:18:52,080 --> 02:18:56,519 yourself and go why am I not doing that 3939 02:18:54,880 --> 02:18:58,280 like it seems so much easier and that's 3940 02:18:56,519 --> 02:19:01,280 where the grass is always greener 3941 02:18:58,280 --> 02:19:04,399 mentality or fallacy can come from and 3942 02:19:01,280 --> 02:19:05,639 it's like we're on our current project 3943 02:19:04,399 --> 02:19:08,120 and then we see something in the 3944 02:19:05,639 --> 02:19:10,399 distance like a new exciting idea for me 3945 02:19:08,120 --> 02:19:12,000 it was a new brand but if you're just 3946 02:19:10,399 --> 02:19:14,080 starting out it could be you're not 3947 02:19:12,000 --> 02:19:15,840 completely sold in e-commerce or you're 3948 02:19:14,080 --> 02:19:18,280 not completely sold on social media 3949 02:19:15,840 --> 02:19:19,960 marketing and you see other people 3950 02:19:18,280 --> 02:19:21,880 popping up talking about these different 3951 02:19:19,960 --> 02:19:23,439 models you keep Jumping Ship but in 3952 02:19:21,880 --> 02:19:25,040 reality you just need to pick one really 3953 02:19:23,439 --> 02:19:26,319 good strategy and stay committed to it 3954 02:19:25,040 --> 02:19:29,200 for an extended period of time and you 3955 02:19:26,319 --> 02:19:30,559 will get there and it's just a matter of 3956 02:19:29,200 --> 02:19:32,840 evaluating it choosing the right 3957 02:19:30,559 --> 02:19:35,040 decision the right strategy up front to 3958 02:19:32,840 --> 02:19:37,080 stay focused on which that's what this 3959 02:19:35,040 --> 02:19:38,679 is I'm biased but hopefully we've shown 3960 02:19:37,080 --> 02:19:40,280 you enough proof that this works but 3961 02:19:38,679 --> 02:19:42,319 what I really want to talk about is we 3962 02:19:40,280 --> 02:19:43,840 know what focus is generally it's the 3963 02:19:42,319 --> 02:19:45,479 lack of distractions but why does it 3964 02:19:43,840 --> 02:19:47,399 really matter we talked about that too 3965 02:19:45,479 --> 02:19:50,000 but most importantly how do we get 3966 02:19:47,399 --> 02:19:51,359 focused and maintain it and the reason 3967 02:19:50,000 --> 02:19:52,840 that I'm so convinced that this is like 3968 02:19:51,359 --> 02:19:55,080 one of the most important things for 3969 02:19:52,840 --> 02:19:56,680 entrepreneurs to overcome is that we as 3970 02:19:55,080 --> 02:19:58,200 entrepreneurs are far more prone to this 3971 02:19:56,680 --> 02:20:00,080 than the average person the average 3972 02:19:58,200 --> 02:20:02,040 person entrepreneurs are like by 3973 02:20:00,080 --> 02:20:03,920 definition like we're more emotional 3974 02:20:02,040 --> 02:20:07,200 we're radic the highs are highs the lows 3975 02:20:03,920 --> 02:20:09,680 are low and that leads to somebody who 3976 02:20:07,200 --> 02:20:12,120 can be pretty unfocused if we're not 3977 02:20:09,680 --> 02:20:14,000 like extremely aware of it so the ways 3978 02:20:12,120 --> 02:20:16,120 that I've improved my focus and when I 3979 02:20:14,000 --> 02:20:17,920 help people with their business first of 3980 02:20:16,120 --> 02:20:19,880 all the things that I notice right off 3981 02:20:17,920 --> 02:20:22,000 the bat I can tell the quality of 3982 02:20:19,880 --> 02:20:24,520 somebody's mind set and their mind and 3983 02:20:22,000 --> 02:20:27,200 like just their overall output based on 3984 02:20:24,520 --> 02:20:29,319 how clean their life is like how clean 3985 02:20:27,200 --> 02:20:32,240 is their desk what is their desktop look 3986 02:20:29,319 --> 02:20:35,080 like how many tabs do they have open and 3987 02:20:32,240 --> 02:20:37,479 nine times out of 10 that is a direct 3988 02:20:35,080 --> 02:20:39,439 indicator of how they're performing in 3989 02:20:37,479 --> 02:20:41,640 their life overall and if you look at 3990 02:20:39,439 --> 02:20:44,080 yourself be honest with yourself like is 3991 02:20:41,640 --> 02:20:46,439 your desk a mess is your room a mess is 3992 02:20:44,080 --> 02:20:49,040 your desktop filled with files do you 3993 02:20:46,439 --> 02:20:51,479 have 18 tabs open as you're even 3994 02:20:49,040 --> 02:20:53,479 watching this training are you getting 3995 02:20:51,479 --> 02:20:55,240 notifications on your phone that are 3996 02:20:53,479 --> 02:20:57,399 distracting you do you have friends and 3997 02:20:55,240 --> 02:20:59,920 family that like can reach you at any 3998 02:20:57,399 --> 02:21:02,520 given point and stop you from being able 3999 02:20:59,920 --> 02:21:03,880 to do true focused deep work unless 4000 02:21:02,520 --> 02:21:05,160 you've like been exploring 4001 02:21:03,880 --> 02:21:06,880 self-development there's a good chance 4002 02:21:05,160 --> 02:21:08,520 that you're not and that's okay is we're 4003 02:21:06,880 --> 02:21:09,680 learning about it now and even if you 4004 02:21:08,520 --> 02:21:12,000 choose to do none of this at least 4005 02:21:09,680 --> 02:21:13,520 you'll have an awareness of the impact 4006 02:21:12,000 --> 02:21:15,280 that's going to have on your business 4007 02:21:13,520 --> 02:21:16,720 because once I became aware of this and 4008 02:21:15,280 --> 02:21:19,560 I started implementing what we're about 4009 02:21:16,720 --> 02:21:21,560 to talk about it completely changed the 4010 02:21:19,560 --> 02:21:23,880 level of output that I had had in my 4011 02:21:21,560 --> 02:21:25,520 business so now when I meet with people 4012 02:21:23,880 --> 02:21:27,680 instead of helping them with their 4013 02:21:25,520 --> 02:21:29,960 business first of all I help them clean 4014 02:21:27,680 --> 02:21:32,160 up their desk I help them organize their 4015 02:21:29,960 --> 02:21:34,680 life so that they are freed up to 4016 02:21:32,160 --> 02:21:37,720 actually think about the business in a 4017 02:21:34,680 --> 02:21:40,240 constructive way so a step number one is 4018 02:21:37,720 --> 02:21:42,080 cleaning up your workspace like if you 4019 02:21:40,240 --> 02:21:44,160 picture a desk that is messy and has 4020 02:21:42,080 --> 02:21:45,640 mountains of papers and stuff compared 4021 02:21:44,160 --> 02:21:48,080 to a desk that is literally just a 4022 02:21:45,640 --> 02:21:49,840 keyboard and a monitor or just a laptop 4023 02:21:48,080 --> 02:21:52,040 and somebody who's sitting there with 4024 02:21:49,840 --> 02:21:53,960 headphones in very clean like sterile 4025 02:21:52,040 --> 02:21:55,399 environment they have one tab open 4026 02:21:53,960 --> 02:21:57,840 compared to somebody on the other side 4027 02:21:55,399 --> 02:21:59,920 of the room who's got a messy desk 4028 02:21:57,840 --> 02:22:02,120 they've got notifications ringing 4029 02:21:59,920 --> 02:22:04,040 they've got a desktop full of stuff that 4030 02:22:02,120 --> 02:22:05,680 person's going to end up being all over 4031 02:22:04,040 --> 02:22:07,520 the place so the goal that we're working 4032 02:22:05,680 --> 02:22:09,640 towards is to be able to have extended 4033 02:22:07,520 --> 02:22:12,280 periods of like 2 to 3 hours at a time 4034 02:22:09,640 --> 02:22:14,080 so we can maximize the bang for our buck 4035 02:22:12,280 --> 02:22:16,439 out of that time that we're putting into 4036 02:22:14,080 --> 02:22:19,640 it and I would take somebody who was 4037 02:22:16,439 --> 02:22:22,880 able to sit down and have two hours of 4038 02:22:19,640 --> 02:22:24,600 extended like deep work effort and focus 4039 02:22:22,880 --> 02:22:26,760 I would take that person who can just do 4040 02:22:24,600 --> 02:22:28,560 two hours a day over somebody who's 4041 02:22:26,760 --> 02:22:30,520 going to do eight hours a day of 4042 02:22:28,560 --> 02:22:32,080 scatterbrain that's why when people 4043 02:22:30,520 --> 02:22:33,720 say like oh I don't have time to start a 4044 02:22:32,080 --> 02:22:35,439 business it's complete you have 4045 02:22:33,720 --> 02:22:37,080 an hour or two a day you have enough 4046 02:22:35,439 --> 02:22:39,399 time because what you don't have is you 4047 02:22:37,080 --> 02:22:40,840 don't have focus and to say I don't have 4048 02:22:39,399 --> 02:22:42,880 enough time what you should really be 4049 02:22:40,840 --> 02:22:44,800 saying is it's not a priority right now 4050 02:22:42,880 --> 02:22:46,600 and if you if it was a priority then you 4051 02:22:44,800 --> 02:22:48,439 would sit down you would clean off your 4052 02:22:46,600 --> 02:22:50,520 desk clean out your desktop close 4053 02:22:48,439 --> 02:22:52,960 everything but one tab put your phone on 4054 02:22:50,520 --> 02:22:54,200 vient and you just go deep it's that you 4055 02:22:52,960 --> 02:22:56,120 don't have the discipline not that you 4056 02:22:54,200 --> 02:22:58,920 don't have the time as if you have 2 4057 02:22:56,120 --> 02:23:01,200 hours of deep work Focus you're doing 4058 02:22:58,920 --> 02:23:03,319 this rather than and most entrepreneurs 4059 02:23:01,200 --> 02:23:05,640 are doing this they spend eight hours 4060 02:23:03,319 --> 02:23:08,640 going in a million different directions 4061 02:23:05,640 --> 02:23:10,840 compared to one person with 2 hours can 4062 02:23:08,640 --> 02:23:12,640 go miles further if they just have 4063 02:23:10,840 --> 02:23:14,640 discipline around their focus so the 4064 02:23:12,640 --> 02:23:16,720 first thing is cleaning off your desk 4065 02:23:14,640 --> 02:23:19,200 cleaning your desktop closing your tabs 4066 02:23:16,720 --> 02:23:21,319 and actually doing that actually do it 4067 02:23:19,200 --> 02:23:22,640 and your mental space be freed up if you 4068 02:23:21,319 --> 02:23:24,240 want to see the quality of somebody's 4069 02:23:22,640 --> 02:23:26,080 mindset look at the quality of their 4070 02:23:24,240 --> 02:23:27,600 desk or their space like if you ever 4071 02:23:26,080 --> 02:23:29,439 seen the the movie Limitless with 4072 02:23:27,600 --> 02:23:30,680 Bradley Cooper I know it's just a movie 4073 02:23:29,439 --> 02:23:32,640 but it's funny that after he takes the 4074 02:23:30,680 --> 02:23:34,479 miracle pill that makes him a genius the 4075 02:23:32,640 --> 02:23:36,359 first thing he does is not go like start 4076 02:23:34,479 --> 02:23:38,720 trading on the stock market he goes home 4077 02:23:36,359 --> 02:23:41,359 and he cleans his apartment he gets his 4078 02:23:38,720 --> 02:23:43,240 home in order so he's able to then be 4079 02:23:41,359 --> 02:23:44,560 productive and start thinking it 4080 02:23:43,240 --> 02:23:46,680 basically just frees up your mental 4081 02:23:44,560 --> 02:23:48,439 space and your mental capacity so after 4082 02:23:46,680 --> 02:23:52,000 we've cleaned everything out we've got a 4083 02:23:48,439 --> 02:23:54,080 pristine working area next thing that we 4084 02:23:52,000 --> 02:23:56,520 want to do is make sure we have a 4085 02:23:54,080 --> 02:23:59,840 dedicated work time where we can't be 4086 02:23:56,520 --> 02:24:02,200 interrupted we can put headphones in and 4087 02:23:59,840 --> 02:24:04,240 just be heads down focused no 4088 02:24:02,200 --> 02:24:06,560 notifications no little kids running 4089 02:24:04,240 --> 02:24:09,680 into the room nothing popping up on our 4090 02:24:06,560 --> 02:24:12,600 desktop no like pretty bird flying by 4091 02:24:09,680 --> 02:24:14,080 the window we want 2 hours of deep 4092 02:24:12,600 --> 02:24:16,040 focused work if you want to learn more 4093 02:24:14,080 --> 02:24:19,000 about that read the book deep work by 4094 02:24:16,040 --> 02:24:21,359 Cal Newport it's fascinating and it's a 4095 02:24:19,000 --> 02:24:24,240 great example or it explains far more 4096 02:24:21,359 --> 02:24:27,200 than I'm going to here the power of Just 4097 02:24:24,240 --> 02:24:28,720 2 to 3 hours of deep focused work and 4098 02:24:27,200 --> 02:24:31,640 the reason that this is so powerful is 4099 02:24:28,720 --> 02:24:33,880 that when we get past that initial hump 4100 02:24:31,640 --> 02:24:35,479 of the first 10 to 15 minutes we're like 4101 02:24:33,880 --> 02:24:36,920 we're just getting into the the rhythm 4102 02:24:35,479 --> 02:24:39,560 of things we're just now getting into 4103 02:24:36,920 --> 02:24:41,279 the task like one task that's when you 4104 02:24:39,560 --> 02:24:43,160 get into something that's called Flow 4105 02:24:41,279 --> 02:24:44,920 State which is a buzzword that gets 4106 02:24:43,160 --> 02:24:46,800 thrown around a lot but it's a a state 4107 02:24:44,920 --> 02:24:49,000 where you can get into where like time 4108 02:24:46,800 --> 02:24:51,399 kind of melts away and you get into this 4109 02:24:49,000 --> 02:24:53,600 groove of like Crea ity and 4110 02:24:51,399 --> 02:24:56,479 brainstorming and just all out 4111 02:24:53,600 --> 02:24:58,359 productivity contrast that 2 hours heads 4112 02:24:56,479 --> 02:25:00,640 down no distractions no nothing no 4113 02:24:58,359 --> 02:25:02,960 clutter around you with what most people 4114 02:25:00,640 --> 02:25:05,319 do which is clutter notifications 4115 02:25:02,960 --> 02:25:06,840 popping up and every 5 to 10 minutes 4116 02:25:05,319 --> 02:25:09,399 they're answering slack or they're 4117 02:25:06,840 --> 02:25:11,479 opening messenger or they're checking 4118 02:25:09,399 --> 02:25:13,640 Google and they're convincing themselves 4119 02:25:11,479 --> 02:25:16,399 that oh I'm working when really they're 4120 02:25:13,640 --> 02:25:18,520 just shoveling around like if 4121 02:25:16,399 --> 02:25:21,279 answering a message on slack as 4122 02:25:18,520 --> 02:25:23,479 innocuous as that may seem is is the 4123 02:25:21,279 --> 02:25:25,479 most detrimental thing to your focus and 4124 02:25:23,479 --> 02:25:27,479 your overall productivity than anything 4125 02:25:25,479 --> 02:25:29,399 else because every time that you switch 4126 02:25:27,479 --> 02:25:31,520 your focus away from what you're doing 4127 02:25:29,399 --> 02:25:33,920 to something else you have context 4128 02:25:31,520 --> 02:25:36,800 switching and there's a heavy context 4129 02:25:33,920 --> 02:25:40,439 switching tax to doing that because your 4130 02:25:36,800 --> 02:25:42,920 brain just took time to shift in and get 4131 02:25:40,439 --> 02:25:44,520 focused and like really start evaluating 4132 02:25:42,920 --> 02:25:46,600 what you're doing then if you shift that 4133 02:25:44,520 --> 02:25:48,760 away to answer slack messages or 4134 02:25:46,600 --> 02:25:50,720 iMessage whatever it seems like a quick 4135 02:25:48,760 --> 02:25:52,720 thing but it's not cuz then it takes 10 4136 02:25:50,720 --> 02:25:55,040 to 15 more minutes to get back into it 4137 02:25:52,720 --> 02:25:57,600 so you go from a half an hour just gone 4138 02:25:55,040 --> 02:25:59,080 like that and then you get a phone call 4139 02:25:57,600 --> 02:26:00,800 you answer the phone call okay now 4140 02:25:59,080 --> 02:26:02,880 another 10 to 15 minutes to get back 4141 02:26:00,800 --> 02:26:06,120 into this forget even how long the phone 4142 02:26:02,880 --> 02:26:08,040 call was now you've gone 45 minutes 4143 02:26:06,120 --> 02:26:09,800 where you would think yeah I've been 4144 02:26:08,040 --> 02:26:11,120 working but in reality you haven't you 4145 02:26:09,800 --> 02:26:13,279 haven't gotten anything done you've 4146 02:26:11,120 --> 02:26:15,160 answered slack messages and had a phone 4147 02:26:13,279 --> 02:26:17,720 call and then like done surface level 4148 02:26:15,160 --> 02:26:19,760 on the actual task and this is why 4149 02:26:17,720 --> 02:26:22,160 we're going through this now is because 4150 02:26:19,760 --> 02:26:23,880 this is the biggest flaw I see in how 4151 02:26:22,160 --> 02:26:25,520 most entrepreneur beginner entrepreneurs 4152 02:26:23,880 --> 02:26:26,720 approach their business is they think 4153 02:26:25,520 --> 02:26:29,319 that just by sitting down with their 4154 02:26:26,720 --> 02:26:30,640 laptop open they're somehow working and 4155 02:26:29,319 --> 02:26:32,720 the reason they do that is because doing 4156 02:26:30,640 --> 02:26:34,359 the actual work is hard it requires 4157 02:26:32,720 --> 02:26:36,600 discipline to push through it and feel 4158 02:26:34,359 --> 02:26:39,000 like you know an idiot as you're getting 4159 02:26:36,600 --> 02:26:42,040 over the learning curve and realizing 4160 02:26:39,000 --> 02:26:44,479 that in reality like any new skill or 4161 02:26:42,040 --> 02:26:46,160 task like can be conquered by just 12 4162 02:26:44,479 --> 02:26:48,560 hours of sitting down and like pushing 4163 02:26:46,160 --> 02:26:51,120 through and like Shopify optimization if 4164 02:26:48,560 --> 02:26:53,720 you have 12 hours of just over two weeks 4165 02:26:51,120 --> 02:26:55,439 of focused heads down work on figuring 4166 02:26:53,720 --> 02:26:57,120 out Shopify learning the ins and outs 4167 02:26:55,439 --> 02:27:00,560 and you do that and nothing else you 4168 02:26:57,120 --> 02:27:02,680 will be ahead of 99% of e-commerce 4169 02:27:00,560 --> 02:27:04,359 sellers cuz most of them will never do 4170 02:27:02,680 --> 02:27:06,000 that they'll get a Shopify account 4171 02:27:04,359 --> 02:27:07,840 they'll you know move around they'll 4172 02:27:06,000 --> 02:27:09,840 putter around but they'll never just 4173 02:27:07,840 --> 02:27:13,160 heads down focus on it that's why the 4174 02:27:09,840 --> 02:27:15,120 cost of not having focus is so high it's 4175 02:27:13,160 --> 02:27:16,439 everything is when you don't have focus 4176 02:27:15,120 --> 02:27:18,080 it doesn't matter how much energy you 4177 02:27:16,439 --> 02:27:19,520 output you're never going to reach the 4178 02:27:18,080 --> 02:27:21,319 goal that you actually want you're just 4179 02:27:19,520 --> 02:27:22,520 going to have the excuse my friends but 4180 02:27:21,319 --> 02:27:23,840 you're just going to have the mental 4181 02:27:22,520 --> 02:27:25,479 masturbation of feeling like you're 4182 02:27:23,840 --> 02:27:27,279 working most people are addicted to 4183 02:27:25,479 --> 02:27:29,359 feeling busy and they're not actually 4184 02:27:27,279 --> 02:27:31,399 being productive busyness and filling 4185 02:27:29,359 --> 02:27:33,439 your time is not productivity it's just 4186 02:27:31,399 --> 02:27:36,240 another form of procrastination so step 4187 02:27:33,439 --> 02:27:38,760 one in increasing our focus is clearing 4188 02:27:36,240 --> 02:27:41,080 our area which in turn clears our mental 4189 02:27:38,760 --> 02:27:43,680 space or cleans up our mental space 4190 02:27:41,080 --> 02:27:46,000 rather second thing is having designated 4191 02:27:43,680 --> 02:27:47,760 deep work or Focus time with zero 4192 02:27:46,000 --> 02:27:49,680 distractions I don't care if you have to 4193 02:27:47,760 --> 02:27:51,880 put like a piece of paper on your door 4194 02:27:49,680 --> 02:27:53,920 or tell your family members like 4195 02:27:51,880 --> 02:27:56,240 whatever it takes to get that deep work 4196 02:27:53,920 --> 02:27:59,160 period just 2 hours a day is all that 4197 02:27:56,240 --> 02:28:01,040 you need and anybody who's tries to 4198 02:27:59,160 --> 02:28:02,920 build this business after following this 4199 02:28:01,040 --> 02:28:04,560 course and they say they're not getting 4200 02:28:02,920 --> 02:28:06,560 results first thing I'm going to ask 4201 02:28:04,560 --> 02:28:08,800 them is what's your deep work schedule 4202 02:28:06,560 --> 02:28:11,040 like where's the two hours of zero 4203 02:28:08,800 --> 02:28:12,520 distractions coming from and what have 4204 02:28:11,040 --> 02:28:15,279 you been doing with that time which that 4205 02:28:12,520 --> 02:28:18,240 comes to number three which is setting 4206 02:28:15,279 --> 02:28:19,960 clear targeted priorities and this is 4207 02:28:18,240 --> 02:28:21,960 where again a lot of entrepreneurs fall 4208 02:28:19,960 --> 02:28:23,279 short short myself certainly included 4209 02:28:21,960 --> 02:28:25,120 especially when I was starting out if 4210 02:28:23,279 --> 02:28:26,840 you don't have a priority if everything 4211 02:28:25,120 --> 02:28:28,920 is your priority then nothing is your 4212 02:28:26,840 --> 02:28:30,640 priority you have no priorities and what 4213 02:28:28,920 --> 02:28:32,200 I mean by that is when I was starting 4214 02:28:30,640 --> 02:28:34,000 out I would have a Trello board filled 4215 02:28:32,200 --> 02:28:35,359 with all of the tasks all the things 4216 02:28:34,000 --> 02:28:37,200 that I wanted to do it's like oh I'm 4217 02:28:35,359 --> 02:28:38,720 going to add SMS bump and one click 4218 02:28:37,200 --> 02:28:40,640 upsell and then we're going to start 4219 02:28:38,720 --> 02:28:42,560 running Twitter ads CU I heard somewhere 4220 02:28:40,640 --> 02:28:44,720 that those are good and then I'm going 4221 02:28:42,560 --> 02:28:46,279 to launch a new product line cuz you 4222 02:28:44,720 --> 02:28:47,840 know businesses that are growing launch 4223 02:28:46,279 --> 02:28:51,279 new products and the board would just be 4224 02:28:47,840 --> 02:28:53,800 filled with unprioritized unsystematized 4225 02:28:51,279 --> 02:28:56,439 tasks that were had no real Rhyme or 4226 02:28:53,800 --> 02:28:58,319 Reason to them and the cost of that was 4227 02:28:56,439 --> 02:29:00,680 even after I like started to hone my 4228 02:28:58,319 --> 02:29:02,000 energy and like I was waking up getting 4229 02:29:00,680 --> 02:29:03,840 better sleep and stuff I was still 4230 02:29:02,000 --> 02:29:05,439 sitting down at my desk to start the day 4231 02:29:03,840 --> 02:29:07,720 with and going all right what should I 4232 02:29:05,439 --> 02:29:10,359 work on and that's why now I realize the 4233 02:29:07,720 --> 02:29:12,200 power of setting clear priorities which 4234 02:29:10,359 --> 02:29:13,520 luckily we giving you the priorities in 4235 02:29:12,200 --> 02:29:16,640 this course that you can follow along 4236 02:29:13,520 --> 02:29:18,399 with but more broadly than this is just 4237 02:29:16,640 --> 02:29:20,880 thinking about this is a concept from 4238 02:29:18,399 --> 02:29:24,920 Tim Ferris for our work week what's your 4239 02:29:20,880 --> 02:29:27,439 big Domino each day what is the one task 4240 02:29:24,920 --> 02:29:29,600 that you can do that when completed 4241 02:29:27,439 --> 02:29:32,920 would make all other tasks on your to-do 4242 02:29:29,600 --> 02:29:34,680 list either completed or irrelevant or 4243 02:29:32,920 --> 02:29:35,840 obsolete like what's the one thing that 4244 02:29:34,680 --> 02:29:37,520 you could do probably the thing that 4245 02:29:35,840 --> 02:29:39,479 you're avoiding the most that would have 4246 02:29:37,520 --> 02:29:41,000 the biggest impact on your business and 4247 02:29:39,479 --> 02:29:42,960 once I started doing this and I'm not 4248 02:29:41,000 --> 02:29:45,200 perfect at it but I realized that it was 4249 02:29:42,960 --> 02:29:46,439 the things that I was always pushing to 4250 02:29:45,200 --> 02:29:48,240 the bottom of the list it's the things 4251 02:29:46,439 --> 02:29:50,880 that are not fun it's the things that 4252 02:29:48,240 --> 02:29:52,680 are Hermos term more better best like 4253 02:29:50,880 --> 02:29:55,720 just doing more of what's already 4254 02:29:52,680 --> 02:29:57,520 working systematizing that like just 4255 02:29:55,720 --> 02:29:59,600 scaling that up if I had started 4256 02:29:57,520 --> 02:30:02,319 prioritizing that stuff the business 4257 02:29:59,600 --> 02:30:04,520 would have grown far faster then what I 4258 02:30:02,319 --> 02:30:05,720 was doing is I would have the list I 4259 02:30:04,520 --> 02:30:08,279 would have the thing that really should 4260 02:30:05,720 --> 02:30:09,479 be my main one focus and it would get 4261 02:30:08,279 --> 02:30:11,760 pushed to the bottom because I had all 4262 02:30:09,479 --> 02:30:13,760 these shiny object things I had o i can 4263 02:30:11,760 --> 02:30:16,240 launch Twitter ads and like that's fun 4264 02:30:13,760 --> 02:30:17,840 and new and I spend an afternoon 4265 02:30:16,240 --> 02:30:19,399 launching Twitter ads and they do 4266 02:30:17,840 --> 02:30:22,479 and then I never revisit it that was 4267 02:30:19,399 --> 02:30:25,160 just a waste to 4 hours in the afternoon 4268 02:30:22,479 --> 02:30:27,080 whereas if I been more disciplined took 4269 02:30:25,160 --> 02:30:29,160 that 4H hour period and put it into the 4270 02:30:27,080 --> 02:30:31,000 one thing that mattered the most which 4271 02:30:29,160 --> 02:30:33,120 at the time or most of the time is like 4272 02:30:31,000 --> 02:30:35,479 either more products more ads like 4273 02:30:33,120 --> 02:30:36,960 improve the customer experience uh email 4274 02:30:35,479 --> 02:30:38,840 marketing like more of what's already 4275 02:30:36,960 --> 02:30:41,080 working than I would have had better 4276 02:30:38,840 --> 02:30:42,520 results so getting very clear on what 4277 02:30:41,080 --> 02:30:44,520 your priorities are and what your one 4278 02:30:42,520 --> 02:30:46,439 big Domino is and planning that out 4279 02:30:44,520 --> 02:30:48,359 before you even go to bed so then when 4280 02:30:46,439 --> 02:30:50,600 you start when you sit down at your desk 4281 02:30:48,359 --> 02:30:53,000 or wherever go to Starbucks to start 4282 02:30:50,600 --> 02:30:54,319 your 2-hour deep work session you know 4283 02:30:53,000 --> 02:30:55,680 exactly what you're doing you're not 4284 02:30:54,319 --> 02:30:58,279 checking slack you're not checking 4285 02:30:55,680 --> 02:31:00,359 messages you're not pulling up whatever 4286 02:30:58,279 --> 02:31:02,680 to distract yourself you're just getting 4287 02:31:00,359 --> 02:31:04,359 right to that one thing and I promise 4288 02:31:02,680 --> 02:31:07,240 you that if you do that you will be able 4289 02:31:04,359 --> 02:31:09,680 to accomplish more in 2 hours than 90% 4290 02:31:07,240 --> 02:31:11,439 of entrepreneurs do in a week because 4291 02:31:09,680 --> 02:31:12,920 what most entrepreneurs are doing the 4292 02:31:11,439 --> 02:31:14,560 majority of their time is not what they 4293 02:31:12,920 --> 02:31:17,120 should be doing and they Pride 4294 02:31:14,560 --> 02:31:20,160 themselves on getting a lot done and 4295 02:31:17,120 --> 02:31:21,479 being so busy when in reality what they 4296 02:31:20,160 --> 02:31:23,640 are actually doing is just filling their 4297 02:31:21,479 --> 02:31:25,399 time with BS and busy work that doesn't 4298 02:31:23,640 --> 02:31:26,760 actually add any value to the business 4299 02:31:25,399 --> 02:31:28,760 oh and then on top of that you know 4300 02:31:26,760 --> 02:31:31,600 they're getting crappy sleep they're not 4301 02:31:28,760 --> 02:31:34,479 eating healthy so the quality of the 4302 02:31:31,600 --> 02:31:36,120 output in those hours is already 4303 02:31:34,479 --> 02:31:37,800 degraded and then they're putting that 4304 02:31:36,120 --> 02:31:39,279 effort into the wrong things and it's no 4305 02:31:37,800 --> 02:31:41,720 wonder why people's businesses don't 4306 02:31:39,279 --> 02:31:45,760 grow and here is my absolute favorite 4307 02:31:41,720 --> 02:31:48,439 tool for prioritizing and coming up with 4308 02:31:45,760 --> 02:31:51,319 what my next task should be and this is 4309 02:31:48,439 --> 02:31:53,399 a tool that has provided an extreme 4310 02:31:51,319 --> 02:31:55,279 level of clarity in the business that I 4311 02:31:53,399 --> 02:31:56,880 come back to time and time again anytime 4312 02:31:55,279 --> 02:31:59,040 that I feel overwhelmed or like I'm 4313 02:31:56,880 --> 02:32:00,560 going in too many directions I pause and 4314 02:31:59,040 --> 02:32:02,560 I fill out what's called the effort 4315 02:32:00,560 --> 02:32:05,200 impact Matrix and the way that it works 4316 02:32:02,560 --> 02:32:07,600 is fairly simple so you have your list 4317 02:32:05,200 --> 02:32:09,160 of possible activities up here right now 4318 02:32:07,600 --> 02:32:12,399 they're just labeled with letters but 4319 02:32:09,160 --> 02:32:15,040 you would write like launch new ads um 4320 02:32:12,399 --> 02:32:16,960 find new products that sort of thing and 4321 02:32:15,040 --> 02:32:19,960 then next to it you put the amount of 4322 02:32:16,960 --> 02:32:21,760 effort AKA time that it would take for 4323 02:32:19,960 --> 02:32:24,439 you to complete that but then you put on 4324 02:32:21,760 --> 02:32:25,920 a scale of 1 to 10 the impact that that 4325 02:32:24,439 --> 02:32:28,560 would have on the business on a scale of 4326 02:32:25,920 --> 02:32:29,800 1 to 10 and like you can do it with five 4327 02:32:28,560 --> 02:32:32,479 things and you just do it on scale of 4328 02:32:29,800 --> 02:32:35,880 one to five and what it does is it 4329 02:32:32,479 --> 02:32:38,080 charts it out on this graph down here 4330 02:32:35,880 --> 02:32:39,920 and helps you realize like where does it 4331 02:32:38,080 --> 02:32:42,040 lie and the four quadrants here are 4332 02:32:39,920 --> 02:32:44,960 major project so these are things that 4333 02:32:42,040 --> 02:32:49,359 have a high level of impact but they 4334 02:32:44,960 --> 02:32:52,279 also have a high cost or effort then you 4335 02:32:49,359 --> 02:32:54,760 have the quick wins which are low effort 4336 02:32:52,279 --> 02:32:57,240 high impact then you have the fill-ins 4337 02:32:54,760 --> 02:33:00,080 which are low impact low cost then you 4338 02:32:57,240 --> 02:33:02,720 have thankless tasks which are high cost 4339 02:33:00,080 --> 02:33:06,399 low impact and you just see where things 4340 02:33:02,720 --> 02:33:08,479 fall like when I did this I saw that a 4341 02:33:06,399 --> 02:33:10,600 was a major project so I knew that that 4342 02:33:08,479 --> 02:33:12,279 should be a priority but I'm going to do 4343 02:33:10,600 --> 02:33:14,680 it at a time that I have an extended 4344 02:33:12,279 --> 02:33:16,800 period of like time available to put 4345 02:33:14,680 --> 02:33:20,040 into that and in the meantime I'm going 4346 02:33:16,800 --> 02:33:23,319 to prioritize DF and E cuz those are the 4347 02:33:20,040 --> 02:33:24,319 quick wins high impact lowest cost and 4348 02:33:23,319 --> 02:33:26,040 then if there was anything in the 4349 02:33:24,319 --> 02:33:28,800 thankless tasks I would just immediately 4350 02:33:26,040 --> 02:33:31,160 cross that out and then the Fillin I get 4351 02:33:28,800 --> 02:33:33,760 to those when I get to them the order of 4352 02:33:31,160 --> 02:33:36,880 priority just goes quick win major 4353 02:33:33,760 --> 02:33:39,640 project Fillin that's it and within that 4354 02:33:36,880 --> 02:33:45,000 I just go based on impact so 4355 02:33:39,640 --> 02:33:47,439 DFE I'll go D Fe a b c that's the order 4356 02:33:45,000 --> 02:33:49,279 that I would approach it and I I can't 4357 02:33:47,439 --> 02:33:51,439 tell you how many times or just about 4358 02:33:49,279 --> 02:33:53,200 every time I go into this exercise 4359 02:33:51,439 --> 02:33:54,720 thinking I think I already know what my 4360 02:33:53,200 --> 02:33:56,399 time should be spent on but I'm just 4361 02:33:54,720 --> 02:33:59,279 going to do this just anyway just as a 4362 02:33:56,399 --> 02:34:02,359 throwaway thing just why not and every 4363 02:33:59,279 --> 02:34:04,359 single time the winner when I'm like get 4364 02:34:02,359 --> 02:34:05,800 down to it and I like really think about 4365 02:34:04,359 --> 02:34:08,960 all right what would have the biggest 4366 02:34:05,800 --> 02:34:11,560 impact impact measured normally as just 4367 02:34:08,960 --> 02:34:14,399 dollars for the business more Revenue 4368 02:34:11,560 --> 02:34:16,080 like either more customers higher LTV 4369 02:34:14,399 --> 02:34:18,439 per customer or lower cost for 4370 02:34:16,080 --> 02:34:20,640 acquisition nine times out of 10 the 4371 02:34:18,439 --> 02:34:22,520 thing that I was not expecting ends up 4372 02:34:20,640 --> 02:34:24,680 being the one that I should be spending 4373 02:34:22,520 --> 02:34:27,279 the time on and it completely flips my 4374 02:34:24,680 --> 02:34:28,800 priorities but then afterwards I'm like 4375 02:34:27,279 --> 02:34:30,279 yeah you know that makes sense that 4376 02:34:28,800 --> 02:34:33,520 should be the thing that I spend my time 4377 02:34:30,279 --> 02:34:36,080 on so you can get a copy of this uh just 4378 02:34:33,520 --> 02:34:38,120 by clicking the link below and the last 4379 02:34:36,080 --> 02:34:40,359 thing that I want to mention that's been 4380 02:34:38,120 --> 02:34:42,840 a tool that's helped me the most is 4381 02:34:40,359 --> 02:34:45,000 helped me have a lot of focus is 4382 02:34:42,840 --> 02:34:47,160 meditation I know meditation has like a 4383 02:34:45,000 --> 02:34:50,399 lot of connotations with it it's not for 4384 02:34:47,160 --> 02:34:52,040 everybody for sure but I notice that the 4385 02:34:50,399 --> 02:34:54,439 times where I have a lack of focus is 4386 02:34:52,040 --> 02:34:57,080 when I have a lack of mental Clarity and 4387 02:34:54,439 --> 02:35:00,000 I'm not sure I'm not like aligned with 4388 02:34:57,080 --> 02:35:01,560 what I what my real goal is and I also 4389 02:35:00,000 --> 02:35:03,800 just have a lot of thoughts popping 4390 02:35:01,560 --> 02:35:06,080 around in my head and when I meditate 4391 02:35:03,800 --> 02:35:08,800 and I just take five or 10 minutes just 4392 02:35:06,080 --> 02:35:11,080 to do nothing nothing but think and 4393 02:35:08,800 --> 02:35:14,160 allow my brain to process stuff I find 4394 02:35:11,080 --> 02:35:16,600 that my like ability to focus and stay 4395 02:35:14,160 --> 02:35:18,520 clear on one task improves dramatically 4396 02:35:16,600 --> 02:35:20,319 and the reason for that is that I'm 4397 02:35:18,520 --> 02:35:22,520 basically letting my brain process all 4398 02:35:20,319 --> 02:35:25,279 the other stuff and like Shuffle It Away 4399 02:35:22,520 --> 02:35:27,840 into filing cabinets and like it gives 4400 02:35:25,279 --> 02:35:30,000 me distance on another level it gives me 4401 02:35:27,840 --> 02:35:32,399 distance from emotions in my business so 4402 02:35:30,000 --> 02:35:34,560 like if something bad happens normally I 4403 02:35:32,399 --> 02:35:38,439 would just react to it I just like that 4404 02:35:34,560 --> 02:35:40,200 bad thing happens react and normally if 4405 02:35:38,439 --> 02:35:42,439 it's a bad thing my instant reaction 4406 02:35:40,200 --> 02:35:44,600 would not be an ideal one whereas if I 4407 02:35:42,439 --> 02:35:46,359 meditated previously like if I'm 4408 02:35:44,600 --> 02:35:47,800 consistently meditating it gives me the 4409 02:35:46,359 --> 02:35:50,279 best way I can describe it is it gives 4410 02:35:47,800 --> 02:35:52,640 me distance from my emotions 4411 02:35:50,279 --> 02:35:55,319 so or gives me distance from like my 4412 02:35:52,640 --> 02:35:58,680 reaction so bad thing happens I might 4413 02:35:55,319 --> 02:36:01,359 feel the reaction I might feel angry or 4414 02:35:58,680 --> 02:36:03,920 annoyed or whatever but I get a second 4415 02:36:01,359 --> 02:36:05,760 to like pause it gives me like time to 4416 02:36:03,920 --> 02:36:07,439 think like huh that's interesting why 4417 02:36:05,760 --> 02:36:09,720 did that trigger me why did that make me 4418 02:36:07,439 --> 02:36:11,680 angry which one it's nice from like a 4419 02:36:09,720 --> 02:36:13,040 mental health standpoint but this course 4420 02:36:11,680 --> 02:36:15,319 is about putting dollars in the bank 4421 02:36:13,040 --> 02:36:17,920 account it helps me respond in a much 4422 02:36:15,319 --> 02:36:20,120 better way for the business and it helps 4423 02:36:17,920 --> 02:36:21,560 me it gives me like an advance AG over 4424 02:36:20,120 --> 02:36:23,319 any competition or anybody you're 4425 02:36:21,560 --> 02:36:25,000 dealing with because you're able to 4426 02:36:23,319 --> 02:36:26,840 basically have a side conversation with 4427 02:36:25,000 --> 02:36:29,200 yourself before you give your final 4428 02:36:26,840 --> 02:36:32,120 answer on on the decision whatever the 4429 02:36:29,200 --> 02:36:34,720 situation is so meditation uh again it's 4430 02:36:32,120 --> 02:36:37,359 not for everybody 5 to 10 minutes a day 4431 02:36:34,720 --> 02:36:39,240 that's what I do at minimum I use an app 4432 02:36:37,359 --> 02:36:40,399 called headspace makes it really easy 4433 02:36:39,240 --> 02:36:42,720 there's no right or wrong way to 4434 02:36:40,399 --> 02:36:43,760 meditate but it it really changes like 4435 02:36:42,720 --> 02:36:45,279 the way that you approach your 4436 02:36:43,760 --> 02:36:47,800 productivity routines and your overall 4437 02:36:45,279 --> 02:36:50,040 focus and when I am not meditating the 4438 02:36:47,800 --> 02:36:51,840 biggest difference that I notice is is 4439 02:36:50,040 --> 02:36:53,880 I'm a lot more emotional number one but 4440 02:36:51,840 --> 02:36:56,040 number two I start working on lots of 4441 02:36:53,880 --> 02:36:58,520 little things all over the place cuz I'm 4442 02:36:56,040 --> 02:37:00,640 not clear on like where I'm trying to go 4443 02:36:58,520 --> 02:37:03,120 whereas when I'm meditating consistently 4444 02:37:00,640 --> 02:37:05,760 again 10 minutes a day I'm able to wake 4445 02:37:03,120 --> 02:37:07,560 up think what is my big Domino or check 4446 02:37:05,760 --> 02:37:09,319 cuz I normally written it down already 4447 02:37:07,560 --> 02:37:11,120 what's my big Domino and I just tackle 4448 02:37:09,319 --> 02:37:12,760 that the most consistent period I had 4449 02:37:11,120 --> 02:37:15,000 with this was during the 75 hard 4450 02:37:12,760 --> 02:37:16,680 challenge which I talked about but I 4451 02:37:15,000 --> 02:37:19,160 meditated every single day along with a 4452 02:37:16,680 --> 02:37:22,160 bunch of other stuff for 75 days and by 4453 02:37:19,160 --> 02:37:24,080 the end of that process it was pretty 4454 02:37:22,160 --> 02:37:26,439 wild like the level of clarity and just 4455 02:37:24,080 --> 02:37:28,479 laser focusness if that's a word that I 4456 02:37:26,439 --> 02:37:29,960 had on the task at hand so that's what I 4457 02:37:28,479 --> 02:37:32,680 have for you those are the tools that 4458 02:37:29,960 --> 02:37:34,720 help me why Focus is of the utmost 4459 02:37:32,680 --> 02:37:37,080 importance in approaching this whole 4460 02:37:34,720 --> 02:37:40,880 process hopefully you found this useful 4461 02:37:37,080 --> 02:37:40,880 and I'll see you in the next lesson 4462 02:37:41,210 --> 02:37:46,979 [Music] 4463 02:37:50,479 --> 02:37:54,800 this lesson we're going to be talking 4464 02:37:51,680 --> 02:37:57,479 about the strategy part of the success 4465 02:37:54,800 --> 02:37:59,359 formula which basically this boils down 4466 02:37:57,479 --> 02:38:01,760 to exactly what this course is we're 4467 02:37:59,359 --> 02:38:04,439 going to be mapping out and walking 4468 02:38:01,760 --> 02:38:07,439 through step by step the exact strategy 4469 02:38:04,439 --> 02:38:09,520 that makes up e-commerce Drop Shipping 4470 02:38:07,439 --> 02:38:11,200 and more specifically the subset which 4471 02:38:09,520 --> 02:38:13,680 is print on man now this course is 4472 02:38:11,200 --> 02:38:15,960 teaching e-commerce which is obviously 4473 02:38:13,680 --> 02:38:18,439 one of many different possible 4474 02:38:15,960 --> 02:38:20,760 directions you can choose to go with 4475 02:38:18,439 --> 02:38:23,439 your business like there's social media 4476 02:38:20,760 --> 02:38:25,439 marketing there's running an AI 4477 02:38:23,439 --> 02:38:27,600 automation agency whatever that means 4478 02:38:25,439 --> 02:38:28,840 but it seems to be a buzzword lately 4479 02:38:27,600 --> 02:38:30,319 like point being there's lots of 4480 02:38:28,840 --> 02:38:31,880 different business models I'm going to 4481 02:38:30,319 --> 02:38:34,080 lay out why e-commerce and more 4482 02:38:31,880 --> 02:38:36,240 specifically print on demand is one of 4483 02:38:34,080 --> 02:38:38,120 the best ways to get started but it's 4484 02:38:36,240 --> 02:38:40,640 something that you should definitely 4485 02:38:38,120 --> 02:38:42,600 evaluate for yourself and the way that I 4486 02:38:40,640 --> 02:38:45,680 recommend evaluating any business 4487 02:38:42,600 --> 02:38:47,640 strategy to somebody who asks is first 4488 02:38:45,680 --> 02:38:49,520 off consider the source where are you 4489 02:38:47,640 --> 02:38:52,040 learning it from is the person 4490 02:38:49,520 --> 02:38:54,240 incredible and what are their motivators 4491 02:38:52,040 --> 02:38:55,760 outside of just strictly teaching you 4492 02:38:54,240 --> 02:38:57,399 the course that's why we want to 4493 02:38:55,760 --> 02:39:00,200 practice what we preach we told you what 4494 02:38:57,399 --> 02:39:02,640 our motivators are upfront and like we 4495 02:39:00,200 --> 02:39:04,040 stick to that but along with that you 4496 02:39:02,640 --> 02:39:05,439 should be considering like if you're 4497 02:39:04,040 --> 02:39:07,240 watching a YouTube video or you're going 4498 02:39:05,439 --> 02:39:09,359 to buy a course what are the motivators 4499 02:39:07,240 --> 02:39:12,479 that that person has in teaching you 4500 02:39:09,359 --> 02:39:14,040 that and people aren't just altruistic 4501 02:39:12,479 --> 02:39:16,080 at the end of the day like there has to 4502 02:39:14,040 --> 02:39:18,279 be something in it for them because 4503 02:39:16,080 --> 02:39:19,600 self-preservation like it can't just be 4504 02:39:18,279 --> 02:39:22,040 for the good of the people so it 4505 02:39:19,600 --> 02:39:24,479 behooves you to figure out what is the 4506 02:39:22,040 --> 02:39:25,640 motivator behind them teaching it but 4507 02:39:24,479 --> 02:39:27,920 most importantly you want to make sure 4508 02:39:25,640 --> 02:39:29,359 that they are a qualified source of that 4509 02:39:27,920 --> 02:39:30,840 information to be learning from you 4510 02:39:29,359 --> 02:39:33,040 wouldn't want to learn Drop Shipping 4511 02:39:30,840 --> 02:39:34,439 from somebody who has never actually 4512 02:39:33,040 --> 02:39:36,359 done Drop Shipping before or you 4513 02:39:34,439 --> 02:39:37,880 wouldn't want to learn how to start a 4514 02:39:36,359 --> 02:39:40,200 social media marketing agency from 4515 02:39:37,880 --> 02:39:43,080 somebody who's only ever had two clients 4516 02:39:40,200 --> 02:39:44,920 and unfortunately there's a lot of 4517 02:39:43,080 --> 02:39:47,319 people out there that will try to teach 4518 02:39:44,920 --> 02:39:48,960 that I mean I myself to be completely 4519 02:39:47,319 --> 02:39:50,640 honest 7 years ago I started making 4520 02:39:48,960 --> 02:39:52,479 YouTube videos about e-commerce cuz I 4521 02:39:50,640 --> 02:39:54,319 saw a bunch of people doing it and then 4522 02:39:52,479 --> 02:39:56,520 I quickly felt like an imposter cuz I 4523 02:39:54,319 --> 02:39:57,880 had never really done it I learned a 4524 02:39:56,520 --> 02:39:59,720 little bit about like a specific 4525 02:39:57,880 --> 02:40:01,600 software and taught people within that 4526 02:39:59,720 --> 02:40:03,120 Niche but I didn't feel like an 4527 02:40:01,600 --> 02:40:05,560 authority figure that's why I stopped 4528 02:40:03,120 --> 02:40:08,160 doing YouTube learned it for seven years 4529 02:40:05,560 --> 02:40:10,439 and now I'm back teaching about it and 4530 02:40:08,160 --> 02:40:12,000 not many people have done that not that 4531 02:40:10,439 --> 02:40:15,080 I'm anything special but I just couldn't 4532 02:40:12,000 --> 02:40:17,120 live with myself feeling like you know I 4533 02:40:15,080 --> 02:40:18,880 was faking something like that so 4534 02:40:17,120 --> 02:40:20,399 consider the source number one and even 4535 02:40:18,880 --> 02:40:23,200 if they are an authority figure like 4536 02:40:20,399 --> 02:40:26,080 they've done it supposedly in the past 4537 02:40:23,200 --> 02:40:28,279 should also look at what they do and not 4538 02:40:26,080 --> 02:40:31,279 what they say like a lot of people that 4539 02:40:28,279 --> 02:40:33,600 put out big courses they say like how 4540 02:40:31,279 --> 02:40:36,040 great e-commerce is and Drop Shipping 4541 02:40:33,600 --> 02:40:37,960 but then they'll P post another video 4542 02:40:36,040 --> 02:40:40,080 showing how they make all their income 4543 02:40:37,960 --> 02:40:42,000 and all of their income sources are not 4544 02:40:40,080 --> 02:40:44,200 related to e-commerce and Drop Shipping 4545 02:40:42,000 --> 02:40:46,279 No in fact none of them are all of their 4546 02:40:44,200 --> 02:40:48,439 income sources come from the training 4547 02:40:46,279 --> 02:40:50,359 like through Affiliates and stuff that's 4548 02:40:48,439 --> 02:40:52,520 why we actually do the business that 4549 02:40:50,359 --> 02:40:54,640 we're teaching people how to do like 4550 02:40:52,520 --> 02:40:56,520 begs the obvious question if it's so 4551 02:40:54,640 --> 02:40:57,960 great like you're saying why aren't you 4552 02:40:56,520 --> 02:40:59,399 doing it yourself so make sure that 4553 02:40:57,960 --> 02:41:01,279 people are actually doing the business 4554 02:40:59,399 --> 02:41:03,000 that they're teaching you about and that 4555 02:41:01,279 --> 02:41:04,439 they're not just you know in it for some 4556 02:41:03,000 --> 02:41:06,000 other reason second thing you want to 4557 02:41:04,439 --> 02:41:08,600 consider and deciding what the best 4558 02:41:06,000 --> 02:41:10,720 strategy is for you is making sure that 4559 02:41:08,600 --> 02:41:13,399 there's an overwhelming amount of social 4560 02:41:10,720 --> 02:41:15,319 proof that not only that the model works 4561 02:41:13,399 --> 02:41:17,680 but that that person that you're going 4562 02:41:15,319 --> 02:41:20,359 to be learning from is an authority 4563 02:41:17,680 --> 02:41:22,240 figure and the social proof can take a 4564 02:41:20,359 --> 02:41:23,920 lot of different forms but you just want 4565 02:41:22,240 --> 02:41:25,520 to make sure that other people have gone 4566 02:41:23,920 --> 02:41:27,319 through their material before and seen 4567 02:41:25,520 --> 02:41:29,520 results that's why we've shared with you 4568 02:41:27,319 --> 02:41:31,240 that people have we've done it and 4569 02:41:29,520 --> 02:41:32,960 gotten results but make sure that they 4570 02:41:31,240 --> 02:41:35,479 are legitimate and that they're not just 4571 02:41:32,960 --> 02:41:37,120 a fly by night type of operation it just 4572 02:41:35,479 --> 02:41:38,840 helps to protect yourself and the third 4573 02:41:37,120 --> 02:41:40,040 point is longevity which this is 4574 02:41:38,840 --> 02:41:42,000 something that doesn't get talked about 4575 02:41:40,040 --> 02:41:44,760 a lot but in starting a new business we 4576 02:41:42,000 --> 02:41:47,800 are not trying to build a business that 4577 02:41:44,760 --> 02:41:50,200 is just like a direct return for our 4578 02:41:47,800 --> 02:41:52,040 time like a onet toone ratio like 4579 02:41:50,200 --> 02:41:53,880 perfect example is like Tik Tock Drop 4580 02:41:52,040 --> 02:41:56,880 Shipping yes you can definitely make 4581 02:41:53,880 --> 02:41:58,680 money from doing it but the trade-off is 4582 02:41:56,880 --> 02:42:00,880 that you have to be constantly looking 4583 02:41:58,680 --> 02:42:02,720 for like that next best product you have 4584 02:42:00,880 --> 02:42:05,200 to be constantly like making new viral 4585 02:42:02,720 --> 02:42:06,960 posts and then it burns fast it burns 4586 02:42:05,200 --> 02:42:08,319 bright then it burns out you want 4587 02:42:06,960 --> 02:42:09,920 something depending on what your goals 4588 02:42:08,319 --> 02:42:11,080 are me personally I want something 4589 02:42:09,920 --> 02:42:12,880 that's going to last I want something 4590 02:42:11,080 --> 02:42:15,479 that I can be counting on to be making 4591 02:42:12,880 --> 02:42:17,840 me money not just today and next week 4592 02:42:15,479 --> 02:42:19,439 but this year next year 5 years down the 4593 02:42:17,840 --> 02:42:21,080 road that's the kind of business that I 4594 02:42:19,439 --> 02:42:22,720 want to be investing in and that's the 4595 02:42:21,080 --> 02:42:25,399 strategy that I want to go after and 4596 02:42:22,720 --> 02:42:27,800 along that same line is evaluating if 4597 02:42:25,399 --> 02:42:30,120 it's going to be building an asset for 4598 02:42:27,800 --> 02:42:32,479 you or if it's just cash flow and again 4599 02:42:30,120 --> 02:42:34,720 the difference between an asset versus 4600 02:42:32,479 --> 02:42:36,000 cash flow is pretty massive like if 4601 02:42:34,720 --> 02:42:38,439 you're building an asset like we're 4602 02:42:36,000 --> 02:42:41,479 going to be covering here you have like 4603 02:42:38,439 --> 02:42:43,279 an actual entity or an asset that can be 4604 02:42:41,479 --> 02:42:45,000 sold for something at the end of the day 4605 02:42:43,279 --> 02:42:47,479 like there's business Equity being built 4606 02:42:45,000 --> 02:42:49,880 up if you're just doing straight up like 4607 02:42:47,479 --> 02:42:51,640 product Drop Shipping from Alibaba or 4608 02:42:49,880 --> 02:42:54,040 autods or any of those like you're just 4609 02:42:51,640 --> 02:42:55,840 building cash flow which is fine like 4610 02:42:54,040 --> 02:42:58,479 there's a place for that but we want to 4611 02:42:55,840 --> 02:43:00,640 be investing in long-term assets that we 4612 02:42:58,479 --> 02:43:03,160 can expect to see returns from year 4613 02:43:00,640 --> 02:43:05,279 over-ear next is we want to evaluate the 4614 02:43:03,160 --> 02:43:07,640 cost what is the cost of getting started 4615 02:43:05,279 --> 02:43:10,200 and is it something that we are able to 4616 02:43:07,640 --> 02:43:12,600 pay and the cost comes in a couple 4617 02:43:10,200 --> 02:43:14,960 different forms number one is obviously 4618 02:43:12,600 --> 02:43:16,479 the monetary cost which luckily this 4619 02:43:14,960 --> 02:43:18,640 model you can get started with next to 4620 02:43:16,479 --> 02:43:20,240 nothing it's definitely good to have 4621 02:43:18,640 --> 02:43:22,479 something safe saved up and I do not 4622 02:43:20,240 --> 02:43:25,040 recommend investing in something that 4623 02:43:22,479 --> 02:43:27,080 you like need it to work like I've said 4624 02:43:25,040 --> 02:43:28,960 this before but if you need print on Dem 4625 02:43:27,080 --> 02:43:31,200 man to work in order to like make your 4626 02:43:28,960 --> 02:43:33,439 next rent check stop watching this right 4627 02:43:31,200 --> 02:43:34,840 now and go like get a part-time job I'm 4628 02:43:33,439 --> 02:43:36,560 not going to tell anybody Tall Tales 4629 02:43:34,840 --> 02:43:38,240 like oh this is definitely going to pop 4630 02:43:36,560 --> 02:43:39,720 off in the next week like some people 4631 02:43:38,240 --> 02:43:42,359 would but so you have to make sure that 4632 02:43:39,720 --> 02:43:44,319 you're ready to pay that cost monetarily 4633 02:43:42,359 --> 02:43:46,040 number one number two is the amount of 4634 02:43:44,319 --> 02:43:47,800 time and effort that's going to go into 4635 02:43:46,040 --> 02:43:50,279 it which ties into the next point which 4636 02:43:47,800 --> 02:43:52,479 is the difficulty and a good way to 4637 02:43:50,279 --> 02:43:55,640 evaluate that is if whatever you're 4638 02:43:52,479 --> 02:43:58,319 hearing from the guru or person teaching 4639 02:43:55,640 --> 02:43:59,920 you assume that the level of difficulty 4640 02:43:58,319 --> 02:44:01,880 that they are describing assume that for 4641 02:43:59,920 --> 02:44:04,399 you it's going to actually be 10 times 4642 02:44:01,880 --> 02:44:06,880 more difficult 10 times more hours 10 4643 02:44:04,399 --> 02:44:09,000 times more challenging more frustrating 4644 02:44:06,880 --> 02:44:11,160 and if that were the case would you 4645 02:44:09,000 --> 02:44:13,200 still do it and really think about that 4646 02:44:11,160 --> 02:44:16,160 because honestly like we talked about in 4647 02:44:13,200 --> 02:44:19,560 previous modules that very well may be 4648 02:44:16,160 --> 02:44:22,080 the actual like realistic scenario and 4649 02:44:19,560 --> 02:44:24,720 despite like my best intentions to give 4650 02:44:22,080 --> 02:44:26,640 you a realistic representation of how 4651 02:44:24,720 --> 02:44:28,359 difficult or challenging this might be 4652 02:44:26,640 --> 02:44:29,560 it's going to be different for everybody 4653 02:44:28,359 --> 02:44:32,800 because everybody has different 4654 02:44:29,560 --> 02:44:35,080 experiences and mindsets and skill sets 4655 02:44:32,800 --> 02:44:36,120 and just like mental models that how 4656 02:44:35,080 --> 02:44:37,960 they approach the world and everybody 4657 02:44:36,120 --> 02:44:39,640 has different circumstances like me 4658 02:44:37,960 --> 02:44:42,520 personally I don't have any kids if 4659 02:44:39,640 --> 02:44:46,200 somebody has two or three kids or even 4660 02:44:42,520 --> 02:44:48,080 one kid like that's a big like time 4661 02:44:46,200 --> 02:44:49,920 investment nothing against having kids 4662 02:44:48,080 --> 02:44:52,240 obviously but people are in different 4663 02:44:49,920 --> 02:44:54,640 scenarios and you just have to evaluate 4664 02:44:52,240 --> 02:44:56,359 that for yourself if what you're hearing 4665 02:44:54,640 --> 02:44:58,000 actually ended up being 10 times more 4666 02:44:56,359 --> 02:45:00,760 difficult would you still go about it 4667 02:44:58,000 --> 02:45:03,720 and a last piece to evaluate in deciding 4668 02:45:00,760 --> 02:45:07,279 your strategy is ask yourself honestly 4669 02:45:03,720 --> 02:45:10,200 is if this new strategy is a hidden 4670 02:45:07,279 --> 02:45:13,000 shiny object syndrome AKA if you already 4671 02:45:10,200 --> 02:45:14,479 started a social media marketing agency 4672 02:45:13,000 --> 02:45:16,120 and you already started down that path 4673 02:45:14,479 --> 02:45:18,640 but then for whatever reason it just got 4674 02:45:16,120 --> 02:45:20,840 like challenging or you know you just 4675 02:45:18,640 --> 02:45:24,120 got tired of it ask yourself honestly 4676 02:45:20,840 --> 02:45:26,359 like is this like a shiny object a 4677 02:45:24,120 --> 02:45:27,840 hidden shiny object like yes it's 4678 02:45:26,359 --> 02:45:30,080 completely legitimate but if you already 4679 02:45:27,840 --> 02:45:33,600 invested time and energy into something 4680 02:45:30,080 --> 02:45:35,880 else like go do that because like I said 4681 02:45:33,600 --> 02:45:37,240 earlier any one of these strategies can 4682 02:45:35,880 --> 02:45:38,920 work it's just a matter of doing 4683 02:45:37,240 --> 02:45:41,000 something for a long enough period of 4684 02:45:38,920 --> 02:45:42,720 time through the times where it gets 4685 02:45:41,000 --> 02:45:44,520 tough and it gets boring and it gets 4686 02:45:42,720 --> 02:45:46,040 uous you have to push through that 4687 02:45:44,520 --> 02:45:47,439 because whatever you're feeling with 4688 02:45:46,040 --> 02:45:49,399 that other opportunity you're going to 4689 02:45:47,439 --> 02:45:50,560 feel that with this as well and if this 4690 02:45:49,399 --> 02:45:53,560 is your first thing that you're doing 4691 02:45:50,560 --> 02:45:55,560 then great like keep doing this and the 4692 02:45:53,560 --> 02:45:57,680 same is true elsewhere like once you get 4693 02:45:55,560 --> 02:45:59,600 to the point in starting your e-commerce 4694 02:45:57,680 --> 02:46:01,359 brand where it gets challenging and 4695 02:45:59,600 --> 02:46:04,160 tiring and you start looking around for 4696 02:46:01,359 --> 02:46:05,800 other opportunities realize that that 4697 02:46:04,160 --> 02:46:08,080 exact same feeling you're having now you 4698 02:46:05,800 --> 02:46:10,240 going to have with any other opportunity 4699 02:46:08,080 --> 02:46:12,279 so just make sure that you are looking 4700 02:46:10,240 --> 02:46:14,399 in the mirror and asking yourself am I 4701 02:46:12,279 --> 02:46:16,760 going into this because it is truly the 4702 02:46:14,399 --> 02:46:17,840 best opportunity or is there somewhere 4703 02:46:16,760 --> 02:46:19,160 else that I know that I should be 4704 02:46:17,840 --> 02:46:20,600 spending my time that I'm just just 4705 02:46:19,160 --> 02:46:22,800 avoiding it for some reason we're going 4706 02:46:20,600 --> 02:46:24,920 to talk a ton about the business model 4707 02:46:22,800 --> 02:46:27,600 and all of like the tactics and 4708 02:46:24,920 --> 02:46:30,600 strategies within e-commerce but from a 4709 02:46:27,600 --> 02:46:33,240 strategy like highlevel 10,000 foot view 4710 02:46:30,600 --> 02:46:35,520 evaluating standpoint these are some 4711 02:46:33,240 --> 02:46:38,160 questions you should ask yourself about 4712 02:46:35,520 --> 02:46:39,399 this business model about anything else 4713 02:46:38,160 --> 02:46:41,680 I know that I've given social media 4714 02:46:39,399 --> 02:46:42,720 marketing AG a lot of air time but like 4715 02:46:41,680 --> 02:46:44,640 obviously there's lots of different 4716 02:46:42,720 --> 02:46:46,279 business like day trading you can 4717 02:46:44,640 --> 02:46:47,920 consider that like a side hustle to get 4718 02:46:46,279 --> 02:46:50,680 into like there's a lot of different 4719 02:46:47,920 --> 02:46:53,080 ways you can go but and any one of them 4720 02:46:50,680 --> 02:46:54,560 can be good and have a desirable outcome 4721 02:46:53,080 --> 02:46:57,200 but just consider who you're learning it 4722 02:46:54,560 --> 02:46:58,920 from and make sure that it's the right 4723 02:46:57,200 --> 02:47:00,720 opportunity for you like you're ready to 4724 02:46:58,920 --> 02:47:02,800 pay the cost assume that whoever's 4725 02:47:00,720 --> 02:47:04,520 teaching you it's actually going to be 4726 02:47:02,800 --> 02:47:06,880 10 times more challenging and timec 4727 02:47:04,520 --> 02:47:08,479 consuming than what anyone is saying 4728 02:47:06,880 --> 02:47:11,080 despite their best intentions to give 4729 02:47:08,479 --> 02:47:13,160 you a realistic preview and make sure 4730 02:47:11,080 --> 02:47:16,000 that like for me personally I want to be 4731 02:47:13,160 --> 02:47:18,240 building an asset that has long-term 4732 02:47:16,000 --> 02:47:21,240 sustainability if you're you know a 4733 02:47:18,240 --> 02:47:23,439 young person in your teens or early 20s 4734 02:47:21,240 --> 02:47:25,359 like maybe you just want cash flow me 4735 02:47:23,439 --> 02:47:27,439 personally I want to be building stuff 4736 02:47:25,359 --> 02:47:28,800 that lasts long term so that's what 4737 02:47:27,439 --> 02:47:30,560 we're doing here and that's how to 4738 02:47:28,800 --> 02:47:32,080 evaluate a strategy at least from my 4739 02:47:30,560 --> 02:47:33,800 standpoint that's what I've learned 4740 02:47:32,080 --> 02:47:36,399 looking back every time that I've looked 4741 02:47:33,800 --> 02:47:39,080 at a business model like perfect example 4742 02:47:36,399 --> 02:47:40,800 is Amazon FBA I started doing that like 4743 02:47:39,080 --> 02:47:43,160 right out of college and I had no idea 4744 02:47:40,800 --> 02:47:45,439 what I was doing if I had asked myself 4745 02:47:43,160 --> 02:47:47,800 these questions it would have saved me 4746 02:47:45,439 --> 02:47:49,520 well over $10,000 which was a ton of 4747 02:47:47,800 --> 02:47:51,399 money to me back then like it went on 4748 02:47:49,520 --> 02:47:54,319 credit cards pretty much if I had asked 4749 02:47:51,399 --> 02:47:55,880 myself these questions it would have 4750 02:47:54,319 --> 02:47:58,080 saved me a ton of time money and 4751 02:47:55,880 --> 02:48:00,479 heartache so long story short ask 4752 02:47:58,080 --> 02:48:02,080 yourself these and evaluate it for not 4753 02:48:00,479 --> 02:48:03,760 just this model but anything else thanks 4754 02:48:02,080 --> 02:48:04,680 for watching and I'll see you in the 4755 02:48:03,760 --> 02:48:13,170 next 4756 02:48:04,680 --> 02:48:13,170 [Music] 4757 02:48:15,840 --> 02:48:20,720 lesson this lesson we're going to be 4758 02:48:17,800 --> 02:48:24,240 talking about the last portion of the 4759 02:48:20,720 --> 02:48:25,960 success formula which is our mindset and 4760 02:48:24,240 --> 02:48:29,560 this is something that can get pretty 4761 02:48:25,960 --> 02:48:31,479 woo woo and just honestly bsy on a lot 4762 02:48:29,560 --> 02:48:32,960 of social media platforms so we're going 4763 02:48:31,479 --> 02:48:35,920 to do our best to avoid all that and 4764 02:48:32,960 --> 02:48:39,640 make it as tactical and concrete and 4765 02:48:35,920 --> 02:48:42,120 make the ambiguous as tangible and like 4766 02:48:39,640 --> 02:48:44,319 applicable to running a business as 4767 02:48:42,120 --> 02:48:46,800 possible isn't just like stare at the 4768 02:48:44,319 --> 02:48:49,200 mirror and tell yourself happy thoughts 4769 02:48:46,800 --> 02:48:50,800 type of thing this is like the real deal 4770 02:48:49,200 --> 02:48:53,319 like what it's actually like in the 4771 02:48:50,800 --> 02:48:55,439 trenches and how to craft a million 4772 02:48:53,319 --> 02:48:57,160 dooll mindset that will actually carry 4773 02:48:55,439 --> 02:49:00,439 you through the ups and downs of running 4774 02:48:57,160 --> 02:49:02,560 a business and not like make you crumble 4775 02:49:00,439 --> 02:49:04,240 as soon as you know hits the fan 4776 02:49:02,560 --> 02:49:06,160 which it inevitably will so we're going 4777 02:49:04,240 --> 02:49:09,800 to be answering the following questions 4778 02:49:06,160 --> 02:49:13,479 first is what is our mindset why does it 4779 02:49:09,800 --> 02:49:15,399 matter and how can we change it and uh 4780 02:49:13,479 --> 02:49:17,680 use it to our advantage how can we make 4781 02:49:15,399 --> 02:49:19,080 it work for us instead of against us and 4782 02:49:17,680 --> 02:49:22,479 when a lot of people hear the word 4783 02:49:19,080 --> 02:49:25,600 mindset they think of either one of two 4784 02:49:22,479 --> 02:49:28,200 things number one is the secret or 4785 02:49:25,600 --> 02:49:30,920 something to the effect of the secret 4786 02:49:28,200 --> 02:49:33,040 which is basically if you think hard 4787 02:49:30,920 --> 02:49:34,840 enough about something if you put it out 4788 02:49:33,040 --> 02:49:37,359 into the universe if you place your 4789 02:49:34,840 --> 02:49:39,680 order as they called it but in a British 4790 02:49:37,359 --> 02:49:42,080 accent that I not going to try to do 4791 02:49:39,680 --> 02:49:43,840 then you'll get what you want and things 4792 02:49:42,080 --> 02:49:47,279 will be happy and pretty much all you 4793 02:49:43,840 --> 02:49:49,560 have to do in the secret is just place 4794 02:49:47,279 --> 02:49:52,399 your order sit back think about it 4795 02:49:49,560 --> 02:49:55,319 enough and it'll happen no real action 4796 02:49:52,399 --> 02:49:57,600 involved just think happy thoughts and 4797 02:49:55,319 --> 02:49:59,359 happy things will happen which I think 4798 02:49:57,600 --> 02:50:02,120 there's something to that but it's 4799 02:49:59,359 --> 02:50:05,760 obviously missing a massive piece of the 4800 02:50:02,120 --> 02:50:08,920 equation which is the energy focus and 4801 02:50:05,760 --> 02:50:11,080 strategy to actually get that thing I 4802 02:50:08,920 --> 02:50:13,600 think thinking happy thoughts is great 4803 02:50:11,080 --> 02:50:15,239 positive energy is a real thing but you 4804 02:50:13,600 --> 02:50:16,560 have to actually apply it at the end of 4805 02:50:15,239 --> 02:50:18,840 the day which we're going to talk about 4806 02:50:16,560 --> 02:50:21,279 that in a second and the other side the 4807 02:50:18,840 --> 02:50:23,319 alternative mindset definition that a 4808 02:50:21,279 --> 02:50:25,319 lot of people are familiar with is the 4809 02:50:23,319 --> 02:50:28,160 one that you hear from a guy like this 4810 02:50:25,319 --> 02:50:30,319 somebody in their garage with a 4811 02:50:28,160 --> 02:50:32,920 Lamborghini and they're telling you how 4812 02:50:30,319 --> 02:50:36,399 to like turn your mindset into a grind 4813 02:50:32,920 --> 02:50:38,080 set or this guy which again just like 4814 02:50:36,399 --> 02:50:41,120 there's some legitimacy to what the 4815 02:50:38,080 --> 02:50:43,279 secret says there's some legitimacy to 4816 02:50:41,120 --> 02:50:45,520 what they say but by and large it can be 4817 02:50:43,279 --> 02:50:47,479 pretty problematic because there's not 4818 02:50:45,520 --> 02:50:48,840 really like a gray area or like room for 4819 02:50:47,479 --> 02:50:50,040 interpretation how they teach it to 4820 02:50:48,840 --> 02:50:52,439 people and a lot of people take it that 4821 02:50:50,040 --> 02:50:54,319 way it's just like grind hard enough 4822 02:50:52,439 --> 02:50:56,239 work hard enough and you'll get there 4823 02:50:54,319 --> 02:50:58,279 which can be problematic for a lot of 4824 02:50:56,239 --> 02:51:00,160 reasons but if you're anything like me 4825 02:50:58,279 --> 02:51:01,399 when I was first starting out running a 4826 02:51:00,160 --> 02:51:03,359 business I was trying to learn from 4827 02:51:01,399 --> 02:51:04,720 people like this and it was just 4828 02:51:03,359 --> 02:51:07,040 frustrating because none of it really 4829 02:51:04,720 --> 02:51:09,239 seemed applicable it all felt like very 4830 02:51:07,040 --> 02:51:11,080 esoteric and it just left me feeling 4831 02:51:09,239 --> 02:51:12,680 like this guy ready to flip my desk 4832 02:51:11,080 --> 02:51:13,960 feeling like I was getting nowhere and 4833 02:51:12,680 --> 02:51:15,920 I'm like I thought all the happy 4834 02:51:13,960 --> 02:51:18,800 thoughts I turned my mindset into a 4835 02:51:15,920 --> 02:51:20,600 grind set what the hell am I missing and 4836 02:51:18,800 --> 02:51:22,760 that's when I finally came up with my 4837 02:51:20,600 --> 02:51:24,560 new definition of mindset the thing that 4838 02:51:22,760 --> 02:51:26,560 has carried me through all these years 4839 02:51:24,560 --> 02:51:29,680 and that is the default operating system 4840 02:51:26,560 --> 02:51:32,279 that underlines everything we do and the 4841 02:51:29,680 --> 02:51:34,960 metaphor that I use to explain how this 4842 02:51:32,279 --> 02:51:37,800 works or at least in my own experience 4843 02:51:34,960 --> 02:51:40,200 is your mindset is kind of like boating 4844 02:51:37,800 --> 02:51:41,880 with the current versus against it if 4845 02:51:40,200 --> 02:51:44,439 you're boating against the current like 4846 02:51:41,880 --> 02:51:46,399 if you have your energy your focus your 4847 02:51:44,439 --> 02:51:48,080 strategy are all in line you've got the 4848 02:51:46,399 --> 02:51:50,520 boat put together you got the engine and 4849 02:51:48,080 --> 02:51:53,319 you're going going in a Direction but 4850 02:51:50,520 --> 02:51:55,840 the momentum of the water motion of the 4851 02:51:53,319 --> 02:51:57,040 ocean is going against you and when 4852 02:51:55,840 --> 02:51:58,560 you're doing that it doesn't matter how 4853 02:51:57,040 --> 02:52:00,840 hard you're working how hard how much 4854 02:51:58,560 --> 02:52:02,960 you Throttle Down the boat is still not 4855 02:52:00,840 --> 02:52:04,880 going to make much progress compared to 4856 02:52:02,960 --> 02:52:07,840 if you do that exact same thing but you 4857 02:52:04,880 --> 02:52:10,279 go with the momentum of the ocean you're 4858 02:52:07,840 --> 02:52:12,239 going to be flying and I would say the 4859 02:52:10,279 --> 02:52:14,600 single thing that has served me the most 4860 02:52:12,239 --> 02:52:16,800 over these years is having a positive 4861 02:52:14,600 --> 02:52:18,720 mindset that has helped Carry Me Through 4862 02:52:16,800 --> 02:52:20,479 like the toughest of times and the 4863 02:52:18,720 --> 02:52:23,479 reason that mindset is so interesting 4864 02:52:20,479 --> 02:52:25,399 and challenging to tame is that it's not 4865 02:52:23,479 --> 02:52:28,640 all conscious to us like we're not fully 4866 02:52:25,399 --> 02:52:31,080 aware of the underlying thoughts 4867 02:52:28,640 --> 02:52:33,160 feelings and like tendencies that we 4868 02:52:31,080 --> 02:52:35,520 have it's kind of like the saying like 4869 02:52:33,160 --> 02:52:37,720 everybody's open to changing their minds 4870 02:52:35,520 --> 02:52:39,399 except for the beliefs that they believe 4871 02:52:37,720 --> 02:52:41,359 strongest and those we never think to 4872 02:52:39,399 --> 02:52:42,800 question it's something I just butchered 4873 02:52:41,359 --> 02:52:44,479 it completely but it's something to that 4874 02:52:42,800 --> 02:52:46,720 effect that things that we're conscious 4875 02:52:44,479 --> 02:52:48,960 of were open to like evaluating and 4876 02:52:46,720 --> 02:52:51,160 thinking like a good examples like going 4877 02:52:48,960 --> 02:52:52,640 to the gym I'm consciously aware like 4878 02:52:51,160 --> 02:52:54,640 yeah I didn't go to the gym I should do 4879 02:52:52,640 --> 02:52:56,080 that but there's a million things under 4880 02:52:54,640 --> 02:52:58,279 the surface that I'm completely 4881 02:52:56,080 --> 02:53:00,760 unconscious of that are driving me on a 4882 02:52:58,279 --> 02:53:03,520 day-to-day basis but our conscious mind 4883 02:53:00,760 --> 02:53:05,319 is the 10% it's the tip of the iceberg 4884 02:53:03,520 --> 02:53:07,560 it's things like our critical thinking 4885 02:53:05,319 --> 02:53:09,399 logical thinking short-term memory our 4886 02:53:07,560 --> 02:53:11,880 willpower like all the dopamine stuff 4887 02:53:09,399 --> 02:53:13,800 that we were talking about and the 4888 02:53:11,880 --> 02:53:16,040 conscious mind tries to use this 4889 02:53:13,800 --> 02:53:18,960 willpower to control our behaviors 4890 02:53:16,040 --> 02:53:20,600 habits and beliefs but loses it out to 4891 02:53:18,960 --> 02:53:22,600 the subconscious mind because it has so 4892 02:53:20,600 --> 02:53:24,640 much greater influence and the reason 4893 02:53:22,600 --> 02:53:26,680 we're talking about this and why this is 4894 02:53:24,640 --> 02:53:29,279 extremely applicable in an e-commerce 4895 02:53:26,680 --> 02:53:31,200 course of all places is that if we have 4896 02:53:29,279 --> 02:53:33,200 the best strategy like the best ads 4897 02:53:31,200 --> 02:53:35,840 products Niche like everything and we 4898 02:53:33,200 --> 02:53:38,680 have energy we have focus and we're on 4899 02:53:35,840 --> 02:53:40,359 the right track but if this 90% of our 4900 02:53:38,680 --> 02:53:42,720 subconscious mind our beliefs our 4901 02:53:40,359 --> 02:53:45,120 creativity our developmental stages 4902 02:53:42,720 --> 02:53:47,479 emotions feelings habits addictions 4903 02:53:45,120 --> 02:53:49,439 imagination intuition all of these 4904 02:53:47,479 --> 02:53:51,600 things if they're working against us how 4905 02:53:49,439 --> 02:53:54,439 far can we really expect to get if as 4906 02:53:51,600 --> 02:53:56,560 soon as stuff hits the fan as soon as 4907 02:53:54,439 --> 02:53:58,760 our ads have a down day our mindset 4908 02:53:56,560 --> 02:54:00,520 defaults to you're an idiot for even 4909 02:53:58,760 --> 02:54:02,439 trying this how did you think this was 4910 02:54:00,520 --> 02:54:04,359 going to go like yeah you should just 4911 02:54:02,439 --> 02:54:05,880 throw in the towel now if that's going 4912 02:54:04,359 --> 02:54:07,880 to be our mindset when stuff hits the 4913 02:54:05,880 --> 02:54:09,800 fan we might as well just not even get 4914 02:54:07,880 --> 02:54:11,920 started we might as well save ourselves 4915 02:54:09,800 --> 02:54:13,680 the time forget the mental masturbation 4916 02:54:11,920 --> 02:54:14,960 of feeling like oh I'm starting a 4917 02:54:13,680 --> 02:54:17,399 business I can tell my friends I'm an 4918 02:54:14,960 --> 02:54:18,640 entrepreneur oh I got my LLC might as 4919 02:54:17,399 --> 02:54:20,560 well just save all that time cuz it's 4920 02:54:18,640 --> 02:54:22,200 all going to go to nothing unless we fix 4921 02:54:20,560 --> 02:54:24,439 this piece and to put this in an even 4922 02:54:22,200 --> 02:54:26,600 greater perspective here's a really 4923 02:54:24,439 --> 02:54:28,920 interesting excerpt from The robbert 4924 02:54:26,600 --> 02:54:32,080 Walter's group so your brain can 4925 02:54:28,920 --> 02:54:34,359 consciously process about 40 pieces of 4926 02:54:32,080 --> 02:54:36,960 information per second our unconscious 4927 02:54:34,359 --> 02:54:38,399 mind you had to take a guess how many 4928 02:54:36,960 --> 02:54:40,080 pieces of information I know it's on the 4929 02:54:38,399 --> 02:54:43,200 screen now but me I would have guessed 4930 02:54:40,080 --> 02:54:45,359 like maybe 100 200 it's 11 million just 4931 02:54:43,200 --> 02:54:47,800 for fun I asked chat GPT to generate a 4932 02:54:45,359 --> 02:54:50,239 visual representation of 40 versus 11 4933 02:54:47,800 --> 02:54:52,279 million this is what it came up with so 4934 02:54:50,239 --> 02:54:54,640 AI is not taking over the world quite 4935 02:54:52,279 --> 02:54:56,880 yet so now that we know that our mind is 4936 02:54:54,640 --> 02:54:58,640 infinitely more powerful subconsciously 4937 02:54:56,880 --> 02:55:00,560 than it is consciously a question that I 4938 02:54:58,640 --> 02:55:02,160 find really interesting to find the 4939 02:55:00,560 --> 02:55:04,840 answer to Is why does our mind do this 4940 02:55:02,160 --> 02:55:06,439 why are we built this way so once we 4941 02:55:04,840 --> 02:55:08,399 understand why we work the way that we 4942 02:55:06,439 --> 02:55:10,200 do then we can start to guide it and 4943 02:55:08,399 --> 02:55:11,920 make changes and start to use it to our 4944 02:55:10,200 --> 02:55:15,160 own Advantage so that's a question why 4945 02:55:11,920 --> 02:55:17,520 does our mind have a mindset or mental 4946 02:55:15,160 --> 02:55:19,760 conditioning like why does it process 4947 02:55:17,520 --> 02:55:21,920 95% % of the outside world 4948 02:55:19,760 --> 02:55:24,399 subconsciously rather than consciously 4949 02:55:21,920 --> 02:55:26,760 the reason for that comes down to this 4950 02:55:24,399 --> 02:55:28,479 again I'm not a scientist but in my own 4951 02:55:26,760 --> 02:55:30,840 experience and all my research this is a 4952 02:55:28,479 --> 02:55:35,120 pretty compelling answer that our brain 4953 02:55:30,840 --> 02:55:38,319 uses 20% of our overall metabolic energy 4954 02:55:35,120 --> 02:55:40,560 so our bodies are caloric conservation 4955 02:55:38,319 --> 02:55:42,760 machines basically we want to stay alive 4956 02:55:40,560 --> 02:55:45,880 and our body back from the caveman days 4957 02:55:42,760 --> 02:55:47,680 knows that conserving calories is one 4958 02:55:45,880 --> 02:55:50,359 way to make sure that we're around 4959 02:55:47,680 --> 02:55:53,040 longer so it knows that our brain uses 4960 02:55:50,359 --> 02:55:55,200 20% of those calories and to get it to 4961 02:55:53,040 --> 02:55:57,040 use less calories it tries to 4962 02:55:55,200 --> 02:55:59,399 internalize and run a lot of those 4963 02:55:57,040 --> 02:56:02,160 processes on autopilot things like 4964 02:55:59,399 --> 02:56:03,680 breathing and blinking and all those 4965 02:56:02,160 --> 02:56:05,640 little things that we never even think 4966 02:56:03,680 --> 02:56:07,239 to think about that's all run 4967 02:56:05,640 --> 02:56:09,279 subconsciously partially to save 4968 02:56:07,239 --> 02:56:11,920 calories but two it wouldn't be very 4969 02:56:09,279 --> 02:56:13,840 feasible for us to like if we had to try 4970 02:56:11,920 --> 02:56:15,800 to build a business while we had to 4971 02:56:13,840 --> 02:56:18,000 think about breathing and blinking 4972 02:56:15,800 --> 02:56:19,840 constantly now you might be asking Chris 4973 02:56:18,000 --> 02:56:21,479 why the hell does this matter 4974 02:56:19,840 --> 02:56:23,399 specifically why does it matter within 4975 02:56:21,479 --> 02:56:25,680 starting an e-commerce business and like 4976 02:56:23,399 --> 02:56:27,600 I kind of alluded to it matters because 4977 02:56:25,680 --> 02:56:31,120 what it says here we are literally 4978 02:56:27,600 --> 02:56:33,520 flying on autopilot 95% of the time 4979 02:56:31,120 --> 02:56:35,560 meaning all of the energy and focus 4980 02:56:33,520 --> 02:56:39,680 stuff that we've talked about that makes 4981 02:56:35,560 --> 02:56:42,520 up the 5% the underlying 95% is what 4982 02:56:39,680 --> 02:56:44,880 makes up our mindset and honing the 5% 4983 02:56:42,520 --> 02:56:46,399 is great but we need to take control of 4984 02:56:44,880 --> 02:56:48,279 the rest of this because we've already 4985 02:56:46,399 --> 02:56:50,200 seen how examples of how it can 4986 02:56:48,279 --> 02:56:52,920 undermine us and to give you a more 4987 02:56:50,200 --> 02:56:55,040 applicable example of this in your own 4988 02:56:52,920 --> 02:56:56,399 life if you've ever started a business 4989 02:56:55,040 --> 02:56:59,000 before You' ever felt like really 4990 02:56:56,399 --> 02:57:01,680 motivated to do something like maybe go 4991 02:56:59,000 --> 02:57:03,479 to the gym or start a new diet or start 4992 02:57:01,680 --> 02:57:05,560 an e-commerce business and you have a 4993 02:57:03,479 --> 02:57:07,680 surge of energy and motivation and 4994 02:57:05,560 --> 02:57:10,800 inspiration to do it and you go strong 4995 02:57:07,680 --> 02:57:12,399 for maybe one maybe two weeks and then 4996 02:57:10,800 --> 02:57:14,000 you burn out and you fizzle out if you 4997 02:57:12,399 --> 02:57:16,040 ever wondered why that happened the 4998 02:57:14,000 --> 02:57:18,560 reason for that is that during that time 4999 02:57:16,040 --> 02:57:21,160 it is your conscious mind that is 5000 02:57:18,560 --> 02:57:22,880 pushing you that you are aware of it and 5001 02:57:21,160 --> 02:57:24,760 you are pushing yourself forward but at 5002 02:57:22,880 --> 02:57:27,399 the same time if you haven't fixed your 5003 02:57:24,760 --> 02:57:29,479 underlying unconscious like your 5004 02:57:27,399 --> 02:57:31,640 thoughts beliefs patterns all of those 5005 02:57:29,479 --> 02:57:33,080 things they are as your conscious mind 5006 02:57:31,640 --> 02:57:35,200 is trying to go in this direction you're 5007 02:57:33,080 --> 02:57:38,800 getting pulled in the opposite direction 5008 02:57:35,200 --> 02:57:41,439 so they're adding odds and they are not 5009 02:57:38,800 --> 02:57:43,760 in sync with each other pushing in One 5010 02:57:41,439 --> 02:57:46,040 Direction you're like paddling on one 5011 02:57:43,760 --> 02:57:47,680 side this way paddling the other way and 5012 02:57:46,040 --> 02:57:49,520 you're just going to go in circles and 5013 02:57:47,680 --> 02:57:51,560 me person has happen has happened to me 5014 02:57:49,520 --> 02:57:53,319 dozens of times and every time that I 5015 02:57:51,560 --> 02:57:55,040 get to the end of the one to two weeks 5016 02:57:53,319 --> 02:57:56,880 of pushing hard on a new goal or 5017 02:57:55,040 --> 02:57:58,840 whatever it may be I get frustrated with 5018 02:57:56,880 --> 02:58:01,680 myself because I find myself slacking 5019 02:57:58,840 --> 02:58:03,600 off and I blame myself for it not 5020 02:58:01,680 --> 02:58:04,920 realizing that I was setting myself up 5021 02:58:03,600 --> 02:58:06,200 for failure from the very beginning 5022 02:58:04,920 --> 02:58:07,640 because I wasn't taking care of these 5023 02:58:06,200 --> 02:58:09,399 underlying thoughts feelings and 5024 02:58:07,640 --> 02:58:10,800 emotions that are pulling me in the 5025 02:58:09,399 --> 02:58:12,840 opposite direction so of course I was 5026 02:58:10,800 --> 02:58:15,520 going to fail cuz if underlying all of 5027 02:58:12,840 --> 02:58:17,120 the efforts you're making is an internal 5028 02:58:15,520 --> 02:58:18,720 thought process that you're an idiot 5029 02:58:17,120 --> 02:58:20,960 this is never going to work while are 5030 02:58:18,720 --> 02:58:22,760 you even trying if those little thoughts 5031 02:58:20,960 --> 02:58:24,319 as much as you may try to push them to 5032 02:58:22,760 --> 02:58:26,439 the side and like quiet them for the 5033 02:58:24,319 --> 02:58:28,439 time being if they're always there like 5034 02:58:26,439 --> 02:58:30,040 pulling little tears away from you 5035 02:58:28,439 --> 02:58:32,160 consciously eventually you're going to 5036 02:58:30,040 --> 02:58:33,680 end up hitting a roadblock like you 5037 02:58:32,160 --> 02:58:34,960 definitely will and you're not going to 5038 02:58:33,680 --> 02:58:37,120 power through it you're going to take 5039 02:58:34,960 --> 02:58:38,520 that as some kind of false validation 5040 02:58:37,120 --> 02:58:40,120 that yeah I'm an idiot I don't know what 5041 02:58:38,520 --> 02:58:42,000 I was thinking for these past couple of 5042 02:58:40,120 --> 02:58:44,880 weeks like I'm not really cracked up for 5043 02:58:42,000 --> 02:58:46,840 this you know I I should just go back to 5044 02:58:44,880 --> 02:58:48,800 where I was and that's how we get to 5045 02:58:46,840 --> 02:58:50,279 this so now for the good news news now 5046 02:58:48,800 --> 02:58:52,239 for the reason that we're having this 5047 02:58:50,279 --> 02:58:55,000 lesson is that we can control it we're 5048 02:58:52,239 --> 02:58:57,120 able to get that 95% working for us 5049 02:58:55,000 --> 02:58:59,319 instead of against us we can get that 5050 02:58:57,120 --> 02:59:01,920 current to be helping the boat along 5051 02:58:59,319 --> 02:59:05,319 rather than pushing us away and help us 5052 02:59:01,920 --> 02:59:07,399 on the path for real lasting change not 5053 02:59:05,319 --> 02:59:10,080 just in our business but in the rest of 5054 02:59:07,399 --> 02:59:12,239 our lives and in any habit or goal that 5055 02:59:10,080 --> 02:59:15,000 we set for ourselves so now we know what 5056 02:59:12,239 --> 02:59:18,279 a mindset is we know why that we have 5057 02:59:15,000 --> 02:59:22,040 one through the evolution we know that 5058 02:59:18,279 --> 02:59:25,040 it controls 95% of our life at least 95% 5059 02:59:22,040 --> 02:59:27,960 of our actions and we know that it can 5060 02:59:25,040 --> 02:59:30,399 work for us or against us so now let's 5061 02:59:27,960 --> 02:59:33,600 answer the question of what makes a good 5062 02:59:30,399 --> 02:59:35,760 mindset quote unquote good it's very 5063 02:59:33,600 --> 02:59:37,880 subjective thing but within the context 5064 02:59:35,760 --> 02:59:39,800 of business at least within my business 5065 02:59:37,880 --> 02:59:42,600 experience first thing that makes a good 5066 02:59:39,800 --> 02:59:45,359 mindset is having a win or learn 5067 02:59:42,600 --> 02:59:47,640 mentality meaning when these challenges 5068 02:59:45,359 --> 02:59:49,880 inevitably come up the most successful 5069 02:59:47,640 --> 02:59:51,319 Entre r preneurs that I've seen that 5070 02:59:49,880 --> 02:59:54,960 either through meeting them or observing 5071 02:59:51,319 --> 02:59:57,279 them they have a win or learn mindset so 5072 02:59:54,960 --> 02:59:59,279 if something bad happens they are not 5073 02:59:57,279 --> 03:00:01,920 lose viewing it as a loss they're 5074 02:59:59,279 --> 03:00:03,560 viewing it as a check the box learn that 5075 03:00:01,920 --> 03:00:05,399 lesson not going to make that mistake 5076 03:00:03,560 --> 03:00:08,359 again and then they get right back on 5077 03:00:05,399 --> 03:00:10,239 track yes it sucks yes you know they 5078 03:00:08,359 --> 03:00:12,760 might beat themselves up for a minute or 5079 03:00:10,239 --> 03:00:15,319 two but the overarching and the 5080 03:00:12,760 --> 03:00:16,720 overriding thought process to them is 5081 03:00:15,319 --> 03:00:18,560 it's just part of the process and that's 5082 03:00:16,720 --> 03:00:22,239 something that I am constantly telling 5083 03:00:18,560 --> 03:00:24,359 myself is on those down days is like 5084 03:00:22,239 --> 03:00:25,760 thank God that it's this hard because if 5085 03:00:24,359 --> 03:00:28,120 it wasn't then everybody would be doing 5086 03:00:25,760 --> 03:00:30,520 it and if everybody was doing it then 5087 03:00:28,120 --> 03:00:34,120 there wouldn't be an opportunity and I 5088 03:00:30,520 --> 03:00:36,439 would have to get a 9 to-5 basically so 5089 03:00:34,120 --> 03:00:38,640 I'm almost I try to trick my brain into 5090 03:00:36,439 --> 03:00:40,439 like being thankful for those challenges 5091 03:00:38,640 --> 03:00:42,000 compared to the wantrepreneurs the 5092 03:00:40,439 --> 03:00:43,760 people that kind of like mentally 5093 03:00:42,000 --> 03:00:45,640 masturbate to starting a business for 5094 03:00:43,760 --> 03:00:47,600 like one or two weeks and then you know 5095 03:00:45,640 --> 03:00:49,239 they go into remission and then they 5096 03:00:47,600 --> 03:00:51,720 come back out and like do it again and 5097 03:00:49,239 --> 03:00:53,560 then you know regress like which if 5098 03:00:51,720 --> 03:00:55,319 that's you great just admit that to 5099 03:00:53,560 --> 03:00:57,399 yourself and know that it's possible for 5100 03:00:55,319 --> 03:00:58,720 you to break out of it if you address 5101 03:00:57,399 --> 03:01:00,600 this mindset stuff that we're talking 5102 03:00:58,720 --> 03:01:02,800 about now those people whenever they 5103 03:01:00,600 --> 03:01:04,760 come up against a challenge or something 5104 03:01:02,800 --> 03:01:07,760 or something bad happens in the business 5105 03:01:04,760 --> 03:01:09,800 they view it as a win or lose and it's 5106 03:01:07,760 --> 03:01:12,319 either something good happened to me or 5107 03:01:09,800 --> 03:01:15,359 I lost money it's bad there's nothing 5108 03:01:12,319 --> 03:01:17,359 good and when that happens like you're 5109 03:01:15,359 --> 03:01:19,439 going to have ups and downs and you can 5110 03:01:17,359 --> 03:01:21,520 either make make those ups and downs all 5111 03:01:19,439 --> 03:01:23,960 UPS so then you're just like constantly 5112 03:01:21,520 --> 03:01:25,080 going up up up up up or you can make it 5113 03:01:23,960 --> 03:01:27,239 like this and then you're just going to 5114 03:01:25,080 --> 03:01:29,399 stay in the same exact spot and never 5115 03:01:27,239 --> 03:01:31,319 really make any real progress the next 5116 03:01:29,399 --> 03:01:33,399 piece of a great mindset that I've 5117 03:01:31,319 --> 03:01:35,279 learned about pretty brutally over the 5118 03:01:33,399 --> 03:01:37,359 past couple years is this concept of 5119 03:01:35,279 --> 03:01:39,359 extreme ownership it's from uh Jo o 5120 03:01:37,359 --> 03:01:41,920 willink I'll show the book in a second 5121 03:01:39,359 --> 03:01:44,720 but the best entrepreneurs take complete 5122 03:01:41,920 --> 03:01:46,760 in total ownership for every area of the 5123 03:01:44,720 --> 03:01:48,479 business everything that happens and not 5124 03:01:46,760 --> 03:01:50,760 just within the business but within 5125 03:01:48,479 --> 03:01:53,239 their entire lives really like if 5126 03:01:50,760 --> 03:01:55,040 something if an employee messes up in 5127 03:01:53,239 --> 03:01:57,359 the business and it causes you to lose a 5128 03:01:55,040 --> 03:01:59,760 lot of money a entrepreneur would blame 5129 03:01:57,359 --> 03:02:01,200 them and say they're a bad employee like 5130 03:01:59,760 --> 03:02:02,640 they're ruining my business like they 5131 03:02:01,200 --> 03:02:04,160 should get out of here which maybe they 5132 03:02:02,640 --> 03:02:06,760 should get fired like that's neither 5133 03:02:04,160 --> 03:02:09,279 here nor there but somebody who has an 5134 03:02:06,760 --> 03:02:11,399 extreme ownership mentality sees that 5135 03:02:09,279 --> 03:02:14,560 that employee messed up and they take it 5136 03:02:11,399 --> 03:02:15,800 on themselves they say that this mistake 5137 03:02:14,560 --> 03:02:17,880 happened because I didn't train them 5138 03:02:15,800 --> 03:02:19,840 enough or I didn't manage them close 5139 03:02:17,880 --> 03:02:22,439 closely enough or I wasn't supporting 5140 03:02:19,840 --> 03:02:24,479 them and checking in more consistently 5141 03:02:22,439 --> 03:02:25,880 or whatever broke in the business I 5142 03:02:24,479 --> 03:02:28,359 should have laid the groundwork so it 5143 03:02:25,880 --> 03:02:30,160 was easier for them to handle and as 5144 03:02:28,359 --> 03:02:32,560 challenging as it is to kind of flip 5145 03:02:30,160 --> 03:02:34,359 your mindset that way and like look in 5146 03:02:32,560 --> 03:02:36,000 the mirror it's challenging because it 5147 03:02:34,359 --> 03:02:37,720 makes you realize your own flaws and 5148 03:02:36,000 --> 03:02:39,359 Imperfections which as humans we don't 5149 03:02:37,720 --> 03:02:40,720 really like to do we like to just 5150 03:02:39,359 --> 03:02:43,120 pretend like I'm perfect they're the 5151 03:02:40,720 --> 03:02:45,120 ones that are messed up not on me that 5152 03:02:43,120 --> 03:02:46,880 can only take you so far and I'm saying 5153 03:02:45,120 --> 03:02:49,160 this from personal experience the times 5154 03:02:46,880 --> 03:02:52,160 where I've made the greatest strides in 5155 03:02:49,160 --> 03:02:53,880 my life in my business personally is 5156 03:02:52,160 --> 03:02:55,520 when I take complete ownership for 5157 03:02:53,880 --> 03:02:58,040 everything that's happening in my life 5158 03:02:55,520 --> 03:03:00,200 and realize that I am the direct cause 5159 03:02:58,040 --> 03:03:02,239 for everything that is happening to me 5160 03:03:00,200 --> 03:03:04,600 for me all around me it all comes back 5161 03:03:02,239 --> 03:03:06,279 to me which it sucks like looking in the 5162 03:03:04,600 --> 03:03:08,800 mirror like for example we had our 5163 03:03:06,279 --> 03:03:11,239 Facebook ad account uh the performance 5164 03:03:08,800 --> 03:03:14,120 just started crapping the bed overnight 5165 03:03:11,239 --> 03:03:16,359 ended up losing like 1,500 bucks in like 5166 03:03:14,120 --> 03:03:18,800 2 days and the brand before that was 5167 03:03:16,359 --> 03:03:22,000 making like one one to 2 Grand a day in 5168 03:03:18,800 --> 03:03:24,160 profit it was a big flip and my initial 5169 03:03:22,000 --> 03:03:25,880 reaction is well Facebook sucks 5170 03:03:24,160 --> 03:03:27,680 Zuckerberg sucks like their algorithms 5171 03:03:25,880 --> 03:03:29,200 messed up like why are they like they're 5172 03:03:27,680 --> 03:03:31,319 clearly testing something that's not 5173 03:03:29,200 --> 03:03:33,040 working out like they should refund us 5174 03:03:31,319 --> 03:03:34,760 advertisers cuz I saw a bunch of other 5175 03:03:33,040 --> 03:03:36,920 people struggling with the same thing 5176 03:03:34,760 --> 03:03:38,960 that's my initial like kneejerk reaction 5177 03:03:36,920 --> 03:03:40,840 then after a split second I realized 5178 03:03:38,960 --> 03:03:43,319 what did I do to contribute to this how 5179 03:03:40,840 --> 03:03:46,120 did I put myself in this position and I 5180 03:03:43,319 --> 03:03:48,239 think well I could have Diversified our 5181 03:03:46,120 --> 03:03:50,439 traffic channels like if we weren't so 5182 03:03:48,239 --> 03:03:52,359 dependent on Facebook ads then I 5183 03:03:50,439 --> 03:03:55,560 wouldn't have you know been in this spot 5184 03:03:52,359 --> 03:03:58,080 where Zuckerberg has like has our 5185 03:03:55,560 --> 03:04:00,399 business in the spot that it does I 5186 03:03:58,080 --> 03:04:02,479 never invested the time into that okay 5187 03:04:00,399 --> 03:04:03,960 that's number one number two I could 5188 03:04:02,479 --> 03:04:06,359 have been watching the ads more closely 5189 03:04:03,960 --> 03:04:08,960 and made changes sooner I never set up 5190 03:04:06,359 --> 03:04:11,399 like automations or kill switch rules to 5191 03:04:08,960 --> 03:04:13,920 turn it off and prevent like a stop loss 5192 03:04:11,399 --> 03:04:16,040 basically I didn't do that number three 5193 03:04:13,920 --> 03:04:17,720 I have done some work in the ad account 5194 03:04:16,040 --> 03:04:19,640 I could have Diversified it a lot more 5195 03:04:17,720 --> 03:04:22,479 could have launched like a 100 times as 5196 03:04:19,640 --> 03:04:25,080 many creatives which not certain that 5197 03:04:22,479 --> 03:04:26,680 would have prevented what happen but it 5198 03:04:25,080 --> 03:04:29,439 probably could have helped and I could 5199 03:04:26,680 --> 03:04:31,880 have hired an agency a consultant see 5200 03:04:29,439 --> 03:04:34,840 how it goes from Facebook lost me this 5201 03:04:31,880 --> 03:04:37,279 money which it's very easy as a side 5202 03:04:34,840 --> 03:04:39,640 note Facebook is always it's can be 5203 03:04:37,279 --> 03:04:42,160 annoying but you know Facebook giveth 5204 03:04:39,640 --> 03:04:43,800 and Facebook taketh but I could be 5205 03:04:42,160 --> 03:04:45,439 thinking like just pointing the finger 5206 03:04:43,800 --> 03:04:47,720 at Facebook but where does it leave me 5207 03:04:45,439 --> 03:04:49,600 after that event is done after I've 5208 03:04:47,720 --> 03:04:51,520 performance is back on track what if I 5209 03:04:49,600 --> 03:04:53,560 really learn from that it doesn't do me 5210 03:04:51,520 --> 03:04:55,279 any good by pointing the finger at 5211 03:04:53,560 --> 03:04:57,560 Facebook and saying it's all their fault 5212 03:04:55,279 --> 03:04:59,359 instead I have to look in the mirror and 5213 03:04:57,560 --> 03:05:01,120 point at myself and say what did you do 5214 03:04:59,359 --> 03:05:03,040 to cause that which like I've already 5215 03:05:01,120 --> 03:05:05,880 said it sucks and it's challenging but 5216 03:05:03,040 --> 03:05:08,720 it's extremely empowering and it takes 5217 03:05:05,880 --> 03:05:12,319 back the power from any situation into 5218 03:05:08,720 --> 03:05:13,840 my own hands and it takes me from being 5219 03:05:12,319 --> 03:05:15,359 a business owner who just points all 5220 03:05:13,840 --> 03:05:18,120 around me and says like it's their fault 5221 03:05:15,359 --> 03:05:20,960 it's their fault to it's all on me me 5222 03:05:18,120 --> 03:05:23,200 like I up pardon my French but I 5223 03:05:20,960 --> 03:05:25,439 messed up and I could have been better 5224 03:05:23,200 --> 03:05:28,439 which that's the Crux of it admitting 5225 03:05:25,439 --> 03:05:30,920 that I had a shortcoming there was a gap 5226 03:05:28,439 --> 03:05:33,720 in my knowledge now seeing Point number 5227 03:05:30,920 --> 03:05:35,720 one it's either win or learn mentality 5228 03:05:33,720 --> 03:05:37,120 so rather than beating myself up and 5229 03:05:35,720 --> 03:05:39,720 going the other way and saying how much 5230 03:05:37,120 --> 03:05:41,399 I suck I say yeah I made a mistake I 5231 03:05:39,720 --> 03:05:43,520 could have done more but I've learned 5232 03:05:41,399 --> 03:05:44,920 from it and now moving forward I'm going 5233 03:05:43,520 --> 03:05:46,800 to make sure that that doesn't happen 5234 03:05:44,920 --> 03:05:48,479 because I'm going to do X Y and Z all 5235 03:05:46,800 --> 03:05:49,800 those things that I just w battled off 5236 03:05:48,479 --> 03:05:51,640 I'm going to implement those things so 5237 03:05:49,800 --> 03:05:54,160 that this doesn't happen again so and 5238 03:05:51,640 --> 03:05:56,359 that's like a very micro decision like 5239 03:05:54,160 --> 03:05:58,319 it's a knee-jerk thing that if I wasn't 5240 03:05:56,359 --> 03:06:00,600 abundantly aware of my mindset and my 5241 03:05:58,319 --> 03:06:04,120 underlying like motivators and driving 5242 03:06:00,600 --> 03:06:05,720 forces then I would have just had the 5243 03:06:04,120 --> 03:06:07,720 like all that thinking happens within a 5244 03:06:05,720 --> 03:06:09,439 split second for all of us not just me 5245 03:06:07,720 --> 03:06:11,600 like I'm nothing special it happens for 5246 03:06:09,439 --> 03:06:13,840 all of us it's like thing happens I 5247 03:06:11,600 --> 03:06:15,720 react it takes like a an abundance of 5248 03:06:13,840 --> 03:06:17,680 awareness around your mindset to realize 5249 03:06:15,720 --> 03:06:20,040 like why did I react like that is that 5250 03:06:17,680 --> 03:06:22,160 the right way to react and just from 5251 03:06:20,040 --> 03:06:23,680 Catching ourselves over time that's how 5252 03:06:22,160 --> 03:06:27,120 we can slowly start to change our 5253 03:06:23,680 --> 03:06:28,760 mindset by evaluating and like grading 5254 03:06:27,120 --> 03:06:31,080 ourselves on how we're thinking through 5255 03:06:28,760 --> 03:06:33,279 things that happen and course correcting 5256 03:06:31,080 --> 03:06:35,479 ourselves so extreme ownership is a big 5257 03:06:33,279 --> 03:06:36,880 big piece that makes an entrepreneur 5258 03:06:35,479 --> 03:06:40,000 successful the next thing that makes a 5259 03:06:36,880 --> 03:06:42,359 great mindset for entrepreneurs is 5260 03:06:40,000 --> 03:06:44,600 having a strong motivator like thing 5261 03:06:42,359 --> 03:06:46,120 that we're trying to get towards and 5262 03:06:44,600 --> 03:06:48,319 thing that we're trying to get away from 5263 03:06:46,120 --> 03:06:50,600 now they did this study rats where they 5264 03:06:48,319 --> 03:06:52,200 had them in a cage and they put cheese 5265 03:06:50,600 --> 03:06:54,399 at one end and then they tied a string 5266 03:06:52,200 --> 03:06:55,920 around their tail and put it to a scale 5267 03:06:54,399 --> 03:06:58,319 so they could measure how hard the rat 5268 03:06:55,920 --> 03:06:59,880 was pulling and what they found is that 5269 03:06:58,319 --> 03:07:01,520 when the cheese was put in front of the 5270 03:06:59,880 --> 03:07:03,239 Rat they would open the gate and it 5271 03:07:01,520 --> 03:07:06,040 would start tugging towards the cheese 5272 03:07:03,239 --> 03:07:08,080 and then the second time around they did 5273 03:07:06,040 --> 03:07:10,800 the same thing tied the tail put it to 5274 03:07:08,080 --> 03:07:13,200 the scale cheese and then they added 5275 03:07:10,800 --> 03:07:16,239 behind the mouse they put the scent of a 5276 03:07:13,200 --> 03:07:19,279 cat or a predator of some kind and then 5277 03:07:16,239 --> 03:07:21,399 they removed it triggered the smell and 5278 03:07:19,279 --> 03:07:23,520 the mouse started pulling like two to 5279 03:07:21,399 --> 03:07:24,880 three times as hard when it had 5280 03:07:23,520 --> 03:07:27,000 something that it was trying to get away 5281 03:07:24,880 --> 03:07:28,279 from compared to when it just had 5282 03:07:27,000 --> 03:07:30,239 something that was motivating it the 5283 03:07:28,279 --> 03:07:32,439 reason I'm bringing this up is that I 5284 03:07:30,239 --> 03:07:34,960 think a lot of times as entrepreneurs or 5285 03:07:32,439 --> 03:07:37,239 starting a business it's easy to think 5286 03:07:34,960 --> 03:07:38,720 I'm just going to make enough money to 5287 03:07:37,239 --> 03:07:42,640 buy a boat I'm just going to make enough 5288 03:07:38,720 --> 03:07:43,880 money to you know uh retire my parents 5289 03:07:42,640 --> 03:07:45,640 I'm just going to make enough money to 5290 03:07:43,880 --> 03:07:47,600 buy a Lamborghini or whatever it is for 5291 03:07:45,640 --> 03:07:49,359 you and that's good that can be motiv 5292 03:07:47,600 --> 03:07:51,319 ating but the people who have the best 5293 03:07:49,359 --> 03:07:53,279 mindsets the mindsets that like carry 5294 03:07:51,319 --> 03:07:55,479 them through everything have a really 5295 03:07:53,279 --> 03:07:56,920 strong why and a strong why comes down 5296 03:07:55,479 --> 03:08:00,040 to having something that you're pushing 5297 03:07:56,920 --> 03:08:02,200 towards it's extremely incentivizing and 5298 03:08:00,040 --> 03:08:04,960 enticing to reach that point called 5299 03:08:02,200 --> 03:08:08,239 Heaven Island and you also at the same 5300 03:08:04,960 --> 03:08:10,200 time have a hell Island and that hell 5301 03:08:08,239 --> 03:08:11,760 island is the thing that if you end up 5302 03:08:10,200 --> 03:08:13,479 there it'll be the most painful 5303 03:08:11,760 --> 03:08:16,080 experience of your entire life you would 5304 03:08:13,479 --> 03:08:17,720 do anything to get away from it and 5305 03:08:16,080 --> 03:08:20,160 until you have that motivator and you 5306 03:08:17,720 --> 03:08:22,359 can lock that in as this is why I'm 5307 03:08:20,160 --> 03:08:24,520 doing it I recommend writing this down 5308 03:08:22,359 --> 03:08:26,720 like what is that Vision that goal that 5309 03:08:24,520 --> 03:08:29,160 dream that you want to reach that's 5 10 5310 03:08:26,720 --> 03:08:31,319 years away what does that perfect life 5311 03:08:29,160 --> 03:08:33,520 look like to you and then make sure that 5312 03:08:31,319 --> 03:08:36,080 this business model like back fills and 5313 03:08:33,520 --> 03:08:38,279 like reaches that that goal for you but 5314 03:08:36,080 --> 03:08:40,359 then at the same time imagine your life 5315 03:08:38,279 --> 03:08:42,080 exactly how it is right now if you made 5316 03:08:40,359 --> 03:08:44,560 zero changes you didn't improve like 5317 03:08:42,080 --> 03:08:46,920 your health your relationships your 5318 03:08:44,560 --> 03:08:48,200 mindset if you made no changes at all 5319 03:08:46,920 --> 03:08:49,720 what would your like life look 5 years 5320 03:08:48,200 --> 03:08:51,960 from now what would it look like 10 5321 03:08:49,720 --> 03:08:54,120 years from now and even what would it 5322 03:08:51,960 --> 03:08:55,960 look like 30 years from now normally if 5323 03:08:54,120 --> 03:08:58,680 you're like honest with yourself enough 5324 03:08:55,960 --> 03:09:01,399 at least for me it was extremely painful 5325 03:08:58,680 --> 03:09:03,000 and this is really important exercise to 5326 03:09:01,399 --> 03:09:04,960 go through because in the day-to-day 5327 03:09:03,000 --> 03:09:07,720 like the micro changes in our lives it's 5328 03:09:04,960 --> 03:09:10,160 very difficult to detect the like the 5329 03:09:07,720 --> 03:09:11,640 current or the underlying like direction 5330 03:09:10,160 --> 03:09:13,800 that we're heading in when you just look 5331 03:09:11,640 --> 03:09:17,439 at the micro just from yesterday to 5332 03:09:13,800 --> 03:09:19,160 today I got like .1% worse like I did 5333 03:09:17,439 --> 03:09:21,800 didn't exercise I didn't work out I 5334 03:09:19,160 --> 03:09:23,319 didn't do anything for myself I got .1% 5335 03:09:21,800 --> 03:09:25,160 worse but just looking at yesterday it's 5336 03:09:23,319 --> 03:09:27,560 not a big deal but when you sit down and 5337 03:09:25,160 --> 03:09:30,279 think okay if I get .1% worse for the 5338 03:09:27,560 --> 03:09:32,359 next 30 Years what does my life look 5339 03:09:30,279 --> 03:09:34,439 like looks pretty damn shitty when you 5340 03:09:32,359 --> 03:09:36,479 think about it like that and then it's 5341 03:09:34,439 --> 03:09:39,120 like okay well am I going to wait a 5342 03:09:36,479 --> 03:09:40,160 month a year 10 years to make a change 5343 03:09:39,120 --> 03:09:42,080 when am I going to make a change am I 5344 03:09:40,160 --> 03:09:44,080 going to do it why would I wait now you 5345 03:09:42,080 --> 03:09:45,080 have the smell of the cat behind you now 5346 03:09:44,080 --> 03:09:47,560 that's the thing that you're running 5347 03:09:45,080 --> 03:09:49,399 away from and the key to this is it has 5348 03:09:47,560 --> 03:09:51,279 to be real it has to feel tangible you 5349 03:09:49,399 --> 03:09:53,319 have to be able to like like smell what 5350 03:09:51,279 --> 03:09:55,200 it would be like if you go 30 years 5351 03:09:53,319 --> 03:09:57,560 without improving anything and only once 5352 03:09:55,200 --> 03:09:59,600 you feel that pain that that terrible 5353 03:09:57,560 --> 03:10:00,960 future that you want to avoid that's 5354 03:09:59,600 --> 03:10:02,439 when you have something that is strong 5355 03:10:00,960 --> 03:10:04,800 enough that will carry you through and 5356 03:10:02,439 --> 03:10:07,399 the reason that this is under mindset is 5357 03:10:04,800 --> 03:10:09,960 that that's the kind of thought process 5358 03:10:07,399 --> 03:10:12,600 that your body like once it feels it you 5359 03:10:09,960 --> 03:10:14,399 know it it's driving you at all times at 5360 03:10:12,600 --> 03:10:16,600 all points so that the days where you 5361 03:10:14,399 --> 03:10:18,399 sit down and you don't feel like working 5362 03:10:16,600 --> 03:10:20,640 or you just wanted like go lay on the 5363 03:10:18,399 --> 03:10:22,080 couch or something bad happened or like 5364 03:10:20,640 --> 03:10:23,840 you launched a new product and it didn't 5365 03:10:22,080 --> 03:10:26,560 go well all those little things that are 5366 03:10:23,840 --> 03:10:28,720 going to detract you none of that stuff 5367 03:10:26,560 --> 03:10:30,439 matters when you have this and it's 5368 03:10:28,720 --> 03:10:32,840 strong enough you can plow through 5369 03:10:30,439 --> 03:10:34,600 anything and then you tie on top of that 5370 03:10:32,840 --> 03:10:36,760 you have a winner learn mentality you 5371 03:10:34,600 --> 03:10:37,880 have extreme ownership in your business 5372 03:10:36,760 --> 03:10:39,319 you're the kind of person that it 5373 03:10:37,880 --> 03:10:40,880 doesn't matter what the business throws 5374 03:10:39,319 --> 03:10:42,640 at you you're going to get it done 5375 03:10:40,880 --> 03:10:44,640 you're going to improve you're going to 5376 03:10:42,640 --> 03:10:46,479 progress and reach that goal come hell 5377 03:10:44,640 --> 03:10:48,359 high water because you burned the boats 5378 03:10:46,479 --> 03:10:51,920 and the fourth way to improve our 5379 03:10:48,359 --> 03:10:54,680 mindset is to adopt a policy of 100% 5380 03:10:51,920 --> 03:10:56,399 honesty this may seem like you know more 5381 03:10:54,680 --> 03:10:58,960 of a relationship building thing but I'm 5382 03:10:56,399 --> 03:11:00,840 talking about yes 100% honesty with all 5383 03:10:58,960 --> 03:11:02,880 people in your life but even more so 5384 03:11:00,840 --> 03:11:05,680 more importantly 100% honesty with 5385 03:11:02,880 --> 03:11:07,560 yourself and what I mean by that is 5386 03:11:05,680 --> 03:11:09,920 having contracts with yourself that you 5387 03:11:07,560 --> 03:11:12,239 stick to so that you can start to trust 5388 03:11:09,920 --> 03:11:14,560 yourself and subconsciously you trust 5389 03:11:12,239 --> 03:11:16,880 yourself as the kind of person that you 5390 03:11:14,560 --> 03:11:19,560 do what you say you're going to do and 5391 03:11:16,880 --> 03:11:22,120 the tra of entrepreneurs who get started 5392 03:11:19,560 --> 03:11:23,520 and then end up you know petering out 5393 03:11:22,120 --> 03:11:25,520 and just end up back in their comfort 5394 03:11:23,520 --> 03:11:27,680 zone remember back to the back to where 5395 03:11:25,520 --> 03:11:30,040 they were they tell themselves like 5396 03:11:27,680 --> 03:11:32,800 Little White Lies like little like fairy 5397 03:11:30,040 --> 03:11:34,600 tales like again I keep using this term 5398 03:11:32,800 --> 03:11:36,160 but the mental masturbation of like oh 5399 03:11:34,600 --> 03:11:37,840 yeah I'm I'm going to work I'm going to 5400 03:11:36,160 --> 03:11:39,359 yeah this will be nice and they let 5401 03:11:37,840 --> 03:11:41,479 themselves like mentally fulfill the 5402 03:11:39,359 --> 03:11:43,680 goal like check the box of reaching the 5403 03:11:41,479 --> 03:11:45,840 goal just by thinking about it and like 5404 03:11:43,680 --> 03:11:47,439 pretending it's kind of like if you ever 5405 03:11:45,840 --> 03:11:48,760 met somebody who like when they they go 5406 03:11:47,439 --> 03:11:50,359 on a diet first thing they do is they 5407 03:11:48,760 --> 03:11:51,399 tell everybody about it the reason 5408 03:11:50,359 --> 03:11:53,160 they're doing that is that they're 5409 03:11:51,399 --> 03:11:54,399 getting the dopamine release of feeling 5410 03:11:53,160 --> 03:11:56,160 like they reached the goal without 5411 03:11:54,399 --> 03:11:57,640 actually reaching the goal and they're 5412 03:11:56,160 --> 03:11:59,439 kidding themselves they're lying to 5413 03:11:57,640 --> 03:12:02,000 themselves they don't have 100% honesty 5414 03:11:59,439 --> 03:12:04,800 with themselves and they're prioritizing 5415 03:12:02,000 --> 03:12:07,520 just feeling good rather than actually 5416 03:12:04,800 --> 03:12:09,160 reaching the goal and while yes that 5417 03:12:07,520 --> 03:12:11,200 hurts the opinions of other people 5418 03:12:09,160 --> 03:12:12,920 around you far more importantly is it 5419 03:12:11,200 --> 03:12:15,319 hurts your opinion of yourself your own 5420 03:12:12,920 --> 03:12:16,760 self-image is tarnished every time you 5421 03:12:15,319 --> 03:12:18,760 break one of those little micro 5422 03:12:16,760 --> 03:12:20,800 contracts with yourself so while you 5423 03:12:18,760 --> 03:12:22,960 don't have to be super human we don't 5424 03:12:20,800 --> 03:12:25,760 have to work 12 hours a day every single 5425 03:12:22,960 --> 03:12:27,200 day grind set to or mindset to a grind 5426 03:12:25,760 --> 03:12:28,720 set there's going to be days where you 5427 03:12:27,200 --> 03:12:30,000 just don't feel like doing it at the 5428 03:12:28,720 --> 03:12:31,920 bare minimum and this is something that 5429 03:12:30,000 --> 03:12:33,640 served me extremely well at the bare 5430 03:12:31,920 --> 03:12:36,640 minimum when you're making that 5431 03:12:33,640 --> 03:12:38,359 trade-off decision of watching TV 5432 03:12:36,640 --> 03:12:40,200 instead of doing some work that you know 5433 03:12:38,359 --> 03:12:42,200 you should be doing just being aware and 5434 03:12:40,200 --> 03:12:44,760 being honest with yourself and not 5435 03:12:42,200 --> 03:12:48,359 kidding yourself that there's some 5436 03:12:44,760 --> 03:12:50,040 legitimate reason for you to not do what 5437 03:12:48,359 --> 03:12:52,120 you should be doing other than you just 5438 03:12:50,040 --> 03:12:54,239 don't feel like it and this is like to 5439 03:12:52,120 --> 03:12:55,760 recharge your batteries or whatever just 5440 03:12:54,239 --> 03:12:57,720 be brutally honest with yourself and 5441 03:12:55,760 --> 03:13:00,040 call a spade a spade that's what it 5442 03:12:57,720 --> 03:13:02,439 comes down to don't feed yourself these 5443 03:13:00,040 --> 03:13:04,200 little lies of you know I'm too 5444 03:13:02,439 --> 03:13:06,120 tired oh I don't have enough time it's 5445 03:13:04,200 --> 03:13:08,239 you do have enough time you're 5446 03:13:06,120 --> 03:13:10,359 too tired maybe but that's because 5447 03:13:08,239 --> 03:13:12,040 you've been eating like you haven't 5448 03:13:10,359 --> 03:13:14,160 been going to bed on the same time 5449 03:13:12,040 --> 03:13:15,800 you've been drinking alcohol before bed 5450 03:13:14,160 --> 03:13:18,319 like you're not taking supplements to 5451 03:13:15,800 --> 03:13:20,000 help your body like like you're watching 5452 03:13:18,319 --> 03:13:22,319 TV right up until the second you go to 5453 03:13:20,000 --> 03:13:24,359 bed so of course you're tired so don't 5454 03:13:22,319 --> 03:13:27,279 kid yourself and lie to yourself by 5455 03:13:24,359 --> 03:13:28,840 saying that oh you know I'm too tired 5456 03:13:27,279 --> 03:13:30,399 it's it's out of my control because it 5457 03:13:28,840 --> 03:13:32,600 is in your control everything's in your 5458 03:13:30,399 --> 03:13:34,840 control you are the direct product of 5459 03:13:32,600 --> 03:13:36,080 everything in your life like or 5460 03:13:34,840 --> 03:13:38,040 everything in your life is a direct 5461 03:13:36,080 --> 03:13:40,399 product of you and nobody else doesn't 5462 03:13:38,040 --> 03:13:42,520 matter what happens to you from you like 5463 03:13:40,399 --> 03:13:44,439 it's because of you and just don't kid 5464 03:13:42,520 --> 03:13:45,720 yourself I'm getting fired up as I talk 5465 03:13:44,439 --> 03:13:47,600 about it because this is a conversation 5466 03:13:45,720 --> 03:13:50,080 I've had a lot with myself 5467 03:13:47,600 --> 03:13:52,160 like and it's one of those things that 5468 03:13:50,080 --> 03:13:53,880 as I've you know grown older thought a 5469 03:13:52,160 --> 03:13:57,520 lot about that there really are no 5470 03:13:53,880 --> 03:13:59,760 legitimate excuses um it's just bad lies 5471 03:13:57,520 --> 03:14:01,359 and so that's why I've adopt 100% 5472 03:13:59,760 --> 03:14:05,120 honesty policy with myself and that 5473 03:14:01,359 --> 03:14:07,040 alone has changed my mindset in drastic 5474 03:14:05,120 --> 03:14:09,200 ways cuz now I know that I can trust 5475 03:14:07,040 --> 03:14:11,640 myself and even when it's not easy 5476 03:14:09,200 --> 03:14:13,200 especially when it's not easy I will do 5477 03:14:11,640 --> 03:14:15,040 everything within my power to do what I 5478 03:14:13,200 --> 03:14:16,760 said I'm going to do long after the mood 5479 03:14:15,040 --> 03:14:18,359 in which I've said it has left me and 5480 03:14:16,760 --> 03:14:20,200 here's the book extreme ownership that I 5481 03:14:18,359 --> 03:14:22,520 was talking about by Joo willink and 5482 03:14:20,200 --> 03:14:25,040 Leif Babin it's amazing book highly 5483 03:14:22,520 --> 03:14:26,840 recommend it and really take this to 5484 03:14:25,040 --> 03:14:28,760 heart that if you go through like this 5485 03:14:26,840 --> 03:14:32,080 book or start adopting these mentalities 5486 03:14:28,760 --> 03:14:34,279 of 100% honesty extreme ownership the 5487 03:14:32,080 --> 03:14:36,399 winner learn mentality you going to put 5488 03:14:34,279 --> 03:14:38,319 yourself in such a better spot for 5489 03:14:36,399 --> 03:14:40,160 long-term success it's going to be 5490 03:14:38,319 --> 03:14:42,720 uncomfortable it's going to take looking 5491 03:14:40,160 --> 03:14:45,000 in the mirror and not liking what you 5492 03:14:42,720 --> 03:14:46,800 see that's a big that's a key part of it 5493 03:14:45,000 --> 03:14:49,080 that is the thing you're going to look 5494 03:14:46,800 --> 03:14:50,960 in the the mirror and if you adopt these 5495 03:14:49,080 --> 03:14:52,840 mindsets you're not going to like what 5496 03:14:50,960 --> 03:14:54,200 you find looking back at you because 5497 03:14:52,840 --> 03:14:56,600 there's stuff that you've just been 5498 03:14:54,200 --> 03:14:58,080 shoving in the proverbial closet that 5499 03:14:56,600 --> 03:15:00,040 you don't want to deal with that's 5500 03:14:58,080 --> 03:15:02,239 exactly the reasons that anytime you've 5501 03:15:00,040 --> 03:15:03,760 gone to start a business in the past or 5502 03:15:02,239 --> 03:15:05,680 tried something out or tried to go on a 5503 03:15:03,760 --> 03:15:07,479 diet that it hasn't worked out it's 5504 03:15:05,680 --> 03:15:09,800 because you have that stuff that's 5505 03:15:07,479 --> 03:15:12,000 eating away at you and you don't have 5506 03:15:09,800 --> 03:15:14,120 the winning mindset that can carry you 5507 03:15:12,000 --> 03:15:15,960 like with the tide rather than feeling 5508 03:15:14,120 --> 03:15:18,840 like you're working against it and now I 5509 03:15:15,960 --> 03:15:20,680 don't pretend that re wiring 95% of our 5510 03:15:18,840 --> 03:15:22,479 subconscious Minds is an easy thing by 5511 03:15:20,680 --> 03:15:24,760 any means it is a work in progress I'm 5512 03:15:22,479 --> 03:15:27,080 far from perfect but it just takes 5513 03:15:24,760 --> 03:15:29,319 continuously showing up and knowing that 5514 03:15:27,080 --> 03:15:31,479 if you do it day after day if you adopt 5515 03:15:29,319 --> 03:15:33,439 these mentalities and you like try to 5516 03:15:31,479 --> 03:15:35,680 really practice them and practice 5517 03:15:33,439 --> 03:15:36,840 self-awareness it will be the most 5518 03:15:35,680 --> 03:15:39,239 valuable thing you ever do in your 5519 03:15:36,840 --> 03:15:41,840 entire life but it does take time just 5520 03:15:39,239 --> 03:15:44,359 like anything that's worthwhile and it's 5521 03:15:41,840 --> 03:15:47,080 little things down to like use like the 5522 03:15:44,359 --> 03:15:49,720 terminology that we're using like using 5523 03:15:47,080 --> 03:15:52,720 positive language and not like shoting 5524 03:15:49,720 --> 03:15:54,800 on ourselves and saying words like oh I 5525 03:15:52,720 --> 03:15:57,359 always mess this up I always mess up the 5526 03:15:54,800 --> 03:15:59,479 ads like I I have no idea what I'm doing 5527 03:15:57,359 --> 03:16:02,279 and just re because your subconscious 5528 03:15:59,479 --> 03:16:03,680 mind like hears that and internalizes it 5529 03:16:02,279 --> 03:16:05,960 and thinks that it's true even if you're 5530 03:16:03,680 --> 03:16:07,479 joking I wouldn't even use any terms 5531 03:16:05,960 --> 03:16:09,600 like that even in a joking manner 5532 03:16:07,479 --> 03:16:10,720 because subconscious mind internalizes 5533 03:16:09,600 --> 03:16:12,960 that and thinks that it's true it 5534 03:16:10,720 --> 03:16:15,600 doesn't know the difference so rather 5535 03:16:12,960 --> 03:16:19,000 than saying oh I always I mess I always 5536 03:16:15,600 --> 03:16:21,640 mess up the ads or I suck at ads say I 5537 03:16:19,000 --> 03:16:23,600 currently struggle with or I have a big 5538 03:16:21,640 --> 03:16:25,319 opportunity for improvement on the ads 5539 03:16:23,600 --> 03:16:28,080 just the way you phrase that it like 5540 03:16:25,319 --> 03:16:30,920 changes everything it changes it from a 5541 03:16:28,080 --> 03:16:33,720 negative like down in the dumps like no 5542 03:16:30,920 --> 03:16:36,160 win scenario to oh my God I have an 5543 03:16:33,720 --> 03:16:38,279 opportunity I have a huge area for 5544 03:16:36,160 --> 03:16:39,800 growth how cool is that removing the 5545 03:16:38,279 --> 03:16:42,239 negative language from our daily 5546 03:16:39,800 --> 03:16:43,560 vocabulary makes a big difference and 5547 03:16:42,239 --> 03:16:45,120 that's one of the things that if you do 5548 03:16:43,560 --> 03:16:47,920 it for long enough it just becomes like 5549 03:16:45,120 --> 03:16:50,560 hardwired into you and over time it gets 5550 03:16:47,920 --> 03:16:52,399 a lot easier but each of these mindset 5551 03:16:50,560 --> 03:16:55,000 tools that we talked about it took me 5552 03:16:52,399 --> 03:16:56,920 years to get really good at them but 5553 03:16:55,000 --> 03:16:58,479 hopefully they're useful to you and it's 5554 03:16:56,920 --> 03:17:01,080 stuff that even if you're not perfect at 5555 03:16:58,479 --> 03:17:03,000 it right away you can just be aware that 5556 03:17:01,080 --> 03:17:05,120 will serve you well and if you ever feel 5557 03:17:03,000 --> 03:17:07,279 like frustrated with yourself or down in 5558 03:17:05,120 --> 03:17:09,080 the dumps or like knocking yourself that 5559 03:17:07,279 --> 03:17:11,560 you know I I don't know what I'm doing 5560 03:17:09,080 --> 03:17:14,399 or feel like turning back just know that 5561 03:17:11,560 --> 03:17:16,040 everybody everybody who has ever started 5562 03:17:14,399 --> 03:17:17,720 a business or done anything challenging 5563 03:17:16,040 --> 03:17:19,439 at some point in their Liv 5564 03:17:17,720 --> 03:17:21,120 comes to that point the point where you 5565 03:17:19,439 --> 03:17:23,199 can either turn back or you can take the 5566 03:17:21,120 --> 03:17:25,040 leap into the unknown and that's where 5567 03:17:23,199 --> 03:17:26,840 true growth is found the intersection of 5568 03:17:25,040 --> 03:17:28,960 pain and change is where you find growth 5569 03:17:26,840 --> 03:17:30,560 and that's pretty much the mantra for my 5570 03:17:28,960 --> 03:17:32,239 mindset I know we went in a lot of 5571 03:17:30,560 --> 03:17:34,160 different areas with this but hopefully 5572 03:17:32,239 --> 03:17:38,199 this has been helpful and thanks for 5573 03:17:34,160 --> 03:17:38,199 watching I'll see you in the next lesson 5574 03:17:38,580 --> 03:17:49,080 [Music] 5575 03:17:46,960 --> 03:17:51,160 so this next module is going to be all 5576 03:17:49,080 --> 03:17:54,399 about laying the groundwork for our 5577 03:17:51,160 --> 03:17:57,080 brand by choosing our Niche coming up 5578 03:17:54,399 --> 03:17:59,160 with our brand identity our name and our 5579 03:17:57,080 --> 03:18:01,560 logo and then we're also going to be 5580 03:17:59,160 --> 03:18:03,399 doing some product research and what's 5581 03:18:01,560 --> 03:18:05,199 exciting about this module is that this 5582 03:18:03,399 --> 03:18:07,640 is the point in the process that a lot 5583 03:18:05,199 --> 03:18:09,319 of people skip right over they just go 5584 03:18:07,640 --> 03:18:11,520 right from okay I'm going to start a 5585 03:18:09,319 --> 03:18:13,239 print on demand company to all right I'm 5586 03:18:11,520 --> 03:18:14,800 going to make designs they just go right 5587 03:18:13,239 --> 03:18:16,800 from that to that and what we're going 5588 03:18:14,800 --> 03:18:19,760 to be doing here is giving us a huge 5589 03:18:16,800 --> 03:18:21,600 huge leg up a massive advantage over all 5590 03:18:19,760 --> 03:18:23,359 of the competition because all of those 5591 03:18:21,600 --> 03:18:25,399 people that just start launching 5592 03:18:23,359 --> 03:18:26,800 products and basically hope for the best 5593 03:18:25,399 --> 03:18:28,080 they're not going to be building an 5594 03:18:26,800 --> 03:18:30,279 asset they're not going to be building 5595 03:18:28,080 --> 03:18:32,520 brand Equity whereas we are going to be 5596 03:18:30,279 --> 03:18:34,560 building something that people identify 5597 03:18:32,520 --> 03:18:36,600 with and actually represent something 5598 03:18:34,560 --> 03:18:39,319 for example yoga stay I took a lot of 5599 03:18:36,600 --> 03:18:41,640 time to do market research to choose 5600 03:18:39,319 --> 03:18:43,439 yogis or yoga lovers as a good Market to 5601 03:18:41,640 --> 03:18:45,760 sell to for all the reasons that we're 5602 03:18:43,439 --> 03:18:47,520 going to visit in this module and then 5603 03:18:45,760 --> 03:18:49,840 we built a brand IDE identity around 5604 03:18:47,520 --> 03:18:51,800 that like our brand voice our logo our 5605 03:18:49,840 --> 03:18:53,840 type of like copywriting that we used 5606 03:18:51,800 --> 03:18:55,560 all the stuff that is relatively simple 5607 03:18:53,840 --> 03:18:57,600 to do it's just a matter of making sure 5608 03:18:55,560 --> 03:18:59,520 it actually gets done because once you 5609 03:18:57,600 --> 03:19:01,920 get started it's 10 times harder to try 5610 03:18:59,520 --> 03:19:03,760 to backtrack so we do all the stuff up 5611 03:19:01,920 --> 03:19:05,880 front to make sure we have a passionate 5612 03:19:03,760 --> 03:19:08,160 audience that is large enough that we 5613 03:19:05,880 --> 03:19:10,000 can scale into it very profitably and 5614 03:19:08,160 --> 03:19:11,439 build a really nice siiz company and 5615 03:19:10,000 --> 03:19:13,279 then we come up with a brand identity 5616 03:19:11,439 --> 03:19:14,960 that represents something and then we do 5617 03:19:13,279 --> 03:19:16,560 product research to see what is already 5618 03:19:14,960 --> 03:19:18,960 selling to those people so that when we 5619 03:19:16,560 --> 03:19:21,239 get to the design creation phase of the 5620 03:19:18,960 --> 03:19:23,239 process we already know who we are who 5621 03:19:21,239 --> 03:19:25,000 we want to sell to and we know pretty 5622 03:19:23,239 --> 03:19:27,199 well what those people like to buy so 5623 03:19:25,000 --> 03:19:28,840 you can see how this is a crucial piece 5624 03:19:27,199 --> 03:19:30,319 of the equation that we really don't 5625 03:19:28,840 --> 03:19:33,479 want to overlook and we're also going to 5626 03:19:30,319 --> 03:19:35,720 be taking a quick look at some example 5627 03:19:33,479 --> 03:19:37,520 very successful print on demand stores 5628 03:19:35,720 --> 03:19:39,040 to give us kind of a basis for 5629 03:19:37,520 --> 03:19:40,359 comparison basically we're getting all 5630 03:19:39,040 --> 03:19:41,880 of our ducks in a row doing all of our 5631 03:19:40,359 --> 03:19:44,160 research I'm going to walk you through 5632 03:19:41,880 --> 03:19:46,800 the process of what makes a good Niche 5633 03:19:44,160 --> 03:19:48,439 what makes a good brand and analyzing 5634 03:19:46,800 --> 03:19:50,439 these other print on demand stores so we 5635 03:19:48,439 --> 03:19:51,880 can see what makes them so successful 5636 03:19:50,439 --> 03:19:52,960 and what can we learn from them so by 5637 03:19:51,880 --> 03:19:54,760 the end of this module we're going to 5638 03:19:52,960 --> 03:19:57,600 know exactly who we're selling to who we 5639 03:19:54,760 --> 03:19:59,040 are what our brand represents our logo 5640 03:19:57,600 --> 03:20:00,880 we're even going to set up some of like 5641 03:19:59,040 --> 03:20:03,080 the admin stuff like our branded Gmail 5642 03:20:00,880 --> 03:20:05,720 account and Google Voice numbers so that 5643 03:20:03,080 --> 03:20:07,120 everything is legit and looks really 5644 03:20:05,720 --> 03:20:08,960 high quality when we go to actually 5645 03:20:07,120 --> 03:20:12,600 launch a store so without further Ado 5646 03:20:08,960 --> 03:20:12,600 let's jump into the module 5647 03:20:13,270 --> 03:20:19,030 [Music] 5648 03:20:21,640 --> 03:20:25,880 in this lesson we're going to be looking 5649 03:20:23,000 --> 03:20:28,080 at examples of top print on demand 5650 03:20:25,880 --> 03:20:30,399 stores and learning from their best 5651 03:20:28,080 --> 03:20:32,760 practices a good frame for this is this 5652 03:20:30,399 --> 03:20:35,600 quote from Tony Robbins which is Success 5653 03:20:32,760 --> 03:20:37,840 leaves Clues go figure out what someone 5654 03:20:35,600 --> 03:20:40,000 who was successful did and model it 5655 03:20:37,840 --> 03:20:41,880 improve it but learn from their steps 5656 03:20:40,000 --> 03:20:44,040 they have knowledge and this is a really 5657 03:20:41,880 --> 03:20:46,399 powerful quote very simple but time and 5658 03:20:44,040 --> 03:20:48,000 time again in growing e-commerce Brands 5659 03:20:46,399 --> 03:20:50,319 when whenever I'm not sure of a 5660 03:20:48,000 --> 03:20:52,359 direction I should go in or I have a new 5661 03:20:50,319 --> 03:20:55,120 idea in the beginning I would just go 5662 03:20:52,359 --> 03:20:57,920 and try to do the thing and was like 5663 03:20:55,120 --> 03:20:59,800 50/50 if it would work out or not and 5664 03:20:57,920 --> 03:21:01,560 over time I learned that hey there's 5665 03:20:59,800 --> 03:21:03,399 already people doing this kind of 5666 03:21:01,560 --> 03:21:05,520 business so why not just go learn from 5667 03:21:03,399 --> 03:21:07,000 them and a challenge a lot of times is 5668 03:21:05,520 --> 03:21:08,560 okay where are these people how do I 5669 03:21:07,000 --> 03:21:11,040 actually learn from them that's what 5670 03:21:08,560 --> 03:21:13,960 I've gone ahead and done for us is 5671 03:21:11,040 --> 03:21:16,080 aggregated all of that so what we have 5672 03:21:13,960 --> 03:21:18,680 here on this mirror board that is linked 5673 03:21:16,080 --> 03:21:21,840 somewhere around on this video is a list 5674 03:21:18,680 --> 03:21:23,960 of 10 of the top print on demand apparel 5675 03:21:21,840 --> 03:21:25,560 companies on the internet like the top 5676 03:21:23,960 --> 03:21:27,520 companies that I could find basically 5677 03:21:25,560 --> 03:21:29,359 I've gone through their entire checkout 5678 03:21:27,520 --> 03:21:30,920 process bought test orders from all of 5679 03:21:29,359 --> 03:21:32,199 these companies looked at their social 5680 03:21:30,920 --> 03:21:33,600 media accounts where they're getting the 5681 03:21:32,199 --> 03:21:36,279 traffic from what their product 5682 03:21:33,600 --> 03:21:38,560 cataloges look like and then organized 5683 03:21:36,279 --> 03:21:40,560 it all in this grid so that you can 5684 03:21:38,560 --> 03:21:42,239 easily see it for yourself and what 5685 03:21:40,560 --> 03:21:44,520 we're trying to do is again these are 5686 03:21:42,239 --> 03:21:46,120 all eight fig plus companies like 5687 03:21:44,520 --> 03:21:48,199 they're crushing the print on demand 5688 03:21:46,120 --> 03:21:49,640 apparel game and while we're not going 5689 03:21:48,199 --> 03:21:51,800 to build a brand like this right out of 5690 03:21:49,640 --> 03:21:53,160 the gate there's commonalities that we 5691 03:21:51,800 --> 03:21:54,760 can see and we're going to talk about 5692 03:21:53,160 --> 03:21:57,279 here in a second between all these 5693 03:21:54,760 --> 03:21:59,399 Brands so that even as we're starting 5694 03:21:57,279 --> 03:22:00,960 off with just our little baby brand we 5695 03:21:59,399 --> 03:22:03,239 can learn from these things and we're 5696 03:22:00,960 --> 03:22:06,040 not making our decisions within our own 5697 03:22:03,239 --> 03:22:07,760 brand off of Just guesses or hopes we're 5698 03:22:06,040 --> 03:22:09,399 literally looking at the best of the 5699 03:22:07,760 --> 03:22:13,000 best and we're not just looking at one 5700 03:22:09,399 --> 03:22:14,800 cuz one is a an accident twice is a 5701 03:22:13,000 --> 03:22:16,960 reoccurrence but if we see it across 5702 03:22:14,800 --> 03:22:18,399 five six seven Brands then it's the best 5703 03:22:16,960 --> 03:22:20,520 practice and it's something that we can 5704 03:22:18,399 --> 03:22:22,880 confidently say would be a good idea to 5705 03:22:20,520 --> 03:22:24,760 add into our brand at the right point 5706 03:22:22,880 --> 03:22:27,920 which we'll talk more about that later 5707 03:22:24,760 --> 03:22:31,000 but to go through the list so there's 5708 03:22:27,920 --> 03:22:32,439 into the am wicked clothes red bubble 5709 03:22:31,000 --> 03:22:34,399 which everybody's familiar with Wicked 5710 03:22:32,439 --> 03:22:36,199 clothes and into the am are two examples 5711 03:22:34,399 --> 03:22:37,800 of really good brands Wicked cloes has 5712 03:22:36,199 --> 03:22:40,359 been around for a long time it's a very 5713 03:22:37,800 --> 03:22:43,199 Niche Gothic store into the am started 5714 03:22:40,359 --> 03:22:46,080 off as like EDM Rave clothes now they've 5715 03:22:43,199 --> 03:22:47,960 expanded into like shorts and hats and 5716 03:22:46,080 --> 03:22:49,760 other products kind of like built type 5717 03:22:47,960 --> 03:22:51,479 shirts red bubble everybody's familiar 5718 03:22:49,760 --> 03:22:53,160 with te public they're a little bit 5719 03:22:51,479 --> 03:22:54,880 different they sell all kinds of 5720 03:22:53,160 --> 03:22:56,439 different artists designs if I'm not 5721 03:22:54,880 --> 03:22:58,520 mistaken but they're another good 5722 03:22:56,439 --> 03:23:00,600 example Teespring this is kind of like a 5723 03:22:58,520 --> 03:23:02,279 storefront it's not quite a brand but 5724 03:23:00,600 --> 03:23:04,600 we're looking at this one more so for 5725 03:23:02,279 --> 03:23:06,399 like how they optimize their pages and 5726 03:23:04,600 --> 03:23:08,239 that's what we have across the top we 5727 03:23:06,399 --> 03:23:11,359 have their homepage collection Pages 5728 03:23:08,239 --> 03:23:13,560 product cart their traffic what their 5729 03:23:11,359 --> 03:23:15,160 ads look like which I love this part 5730 03:23:13,560 --> 03:23:16,720 it's always cool seeing how they're like 5731 03:23:15,160 --> 03:23:18,640 actually getting people to click and 5732 03:23:16,720 --> 03:23:20,720 then what their social media presence 5733 03:23:18,640 --> 03:23:24,160 looks like But continuing down the list 5734 03:23:20,720 --> 03:23:26,800 we have designs by humans threadless tea 5735 03:23:24,160 --> 03:23:28,760 Fury busted te's which this is a great 5736 03:23:26,800 --> 03:23:31,319 example of a company that started off as 5737 03:23:28,760 --> 03:23:33,880 just print on the man t-shirts and like 5738 03:23:31,319 --> 03:23:36,239 quickly has grown to be massive and I 5739 03:23:33,880 --> 03:23:38,680 actually have another mirror board where 5740 03:23:36,239 --> 03:23:40,680 I got on all of their email lists to see 5741 03:23:38,680 --> 03:23:42,080 exactly what their email flows look like 5742 03:23:40,680 --> 03:23:43,720 and there were a lot of commonalities 5743 03:23:42,080 --> 03:23:46,120 there as well and there's spreadshirt 5744 03:23:43,720 --> 03:23:47,479 and quty so not going to go through all 5745 03:23:46,120 --> 03:23:49,800 of them obviously you can do that on 5746 03:23:47,479 --> 03:23:51,840 your own time but we'll just go through 5747 03:23:49,800 --> 03:23:53,880 one of these stores and as we're looking 5748 03:23:51,840 --> 03:23:56,399 at these I'll just talk through what I'm 5749 03:23:53,880 --> 03:23:58,120 looking at what jumps out at me first 5750 03:23:56,399 --> 03:24:00,040 we'll start on the homepage even though 5751 03:23:58,120 --> 03:24:01,319 the homepage for the sake of the brands 5752 03:24:00,040 --> 03:24:02,680 that we're going to be building is like 5753 03:24:01,319 --> 03:24:04,319 the least important at least in the 5754 03:24:02,680 --> 03:24:06,359 beginning cuz we drive all the traffic 5755 03:24:04,319 --> 03:24:08,439 to our collection page but on their 5756 03:24:06,359 --> 03:24:10,800 homepage this was done during labor day 5757 03:24:08,439 --> 03:24:13,239 so they have a big banner very simple 5758 03:24:10,800 --> 03:24:15,040 product images on white backgrounds they 5759 03:24:13,239 --> 03:24:17,359 do a couple of bundles so that's 5760 03:24:15,040 --> 03:24:19,000 interesting they have a brand t-shirt 5761 03:24:17,359 --> 03:24:20,439 zoom in see if you can see that more but 5762 03:24:19,000 --> 03:24:21,479 it's just their logo that's the kind of 5763 03:24:20,439 --> 03:24:23,359 thing that once you're around for a 5764 03:24:21,479 --> 03:24:25,399 couple of years people start buying 5765 03:24:23,359 --> 03:24:27,800 that's the goal is for people to want to 5766 03:24:25,399 --> 03:24:29,199 buy just your logo on a t-shirt that 5767 03:24:27,800 --> 03:24:32,000 means you're doing something right and 5768 03:24:29,199 --> 03:24:34,239 you built actual brand equity and then 5769 03:24:32,000 --> 03:24:36,520 down here they have shop by theme so 5770 03:24:34,239 --> 03:24:38,600 their Niche like I said it was like 5771 03:24:36,520 --> 03:24:40,960 festivals and like these kind of people 5772 03:24:38,600 --> 03:24:42,840 down here like younger to middle-aged 5773 03:24:40,960 --> 03:24:44,880 males they have their different 5774 03:24:42,840 --> 03:24:47,040 collection themes they have a y shop 5775 03:24:44,880 --> 03:24:50,120 here again pretty simple you'll notice 5776 03:24:47,040 --> 03:24:51,439 like all these pages are fairly simple 5777 03:24:50,120 --> 03:24:53,359 they don't need to be anything big and 5778 03:24:51,439 --> 03:24:54,560 beautiful they just convert really well 5779 03:24:53,359 --> 03:24:57,160 all right so moving on to their 5780 03:24:54,560 --> 03:24:59,560 collection page which The Collection 5781 03:24:57,160 --> 03:25:01,880 page is essentially just a big list of 5782 03:24:59,560 --> 03:25:03,920 your products and here first thing I 5783 03:25:01,880 --> 03:25:05,920 noticed is they have everything quote 5784 03:25:03,920 --> 03:25:08,960 unquote discounted meaning they just 5785 03:25:05,920 --> 03:25:12,120 have a compare app price that's set to 5786 03:25:08,960 --> 03:25:14,199 $25.95 and then their actual price is1 5787 03:25:12,120 --> 03:25:15,600 1946 I haven't checked on their site in 5788 03:25:14,199 --> 03:25:17,359 a while but I'd be willing to bet that 5789 03:25:15,600 --> 03:25:19,160 they are always always running a 5790 03:25:17,359 --> 03:25:21,080 discount or a sale next thing I noticed 5791 03:25:19,160 --> 03:25:22,800 is their price point it's relatively low 5792 03:25:21,080 --> 03:25:24,040 but more on that in a second I believe 5793 03:25:22,800 --> 03:25:26,399 that they're one of the stores that they 5794 03:25:24,040 --> 03:25:28,120 do a gotcha type of thing it looks low 5795 03:25:26,399 --> 03:25:29,920 here then they Jack it up later so 5796 03:25:28,120 --> 03:25:32,960 that's interesting another thing I note 5797 03:25:29,920 --> 03:25:34,680 is what their mockups look like so 5798 03:25:32,960 --> 03:25:37,399 they're pretty close to using the 5799 03:25:34,680 --> 03:25:39,399 standard just white background mockup 5800 03:25:37,399 --> 03:25:40,720 some stores do what Wicked clothes or 5801 03:25:39,399 --> 03:25:43,520 Wicked wear is doing here where they 5802 03:25:40,720 --> 03:25:45,080 show the design and no mockup you see 5803 03:25:43,520 --> 03:25:47,680 the mockup like when you click on it go 5804 03:25:45,080 --> 03:25:48,960 to the product page and then red bubble 5805 03:25:47,680 --> 03:25:51,520 I got to be honest red bubble is my 5806 03:25:48,960 --> 03:25:53,319 favorite layout of sites I would love to 5807 03:25:51,520 --> 03:25:55,199 hire a developer to build it's custom 5808 03:25:53,319 --> 03:25:56,520 coded it's not like Shopify or anything 5809 03:25:55,199 --> 03:25:58,279 so it's just interesting scrolling 5810 03:25:56,520 --> 03:26:00,399 through and seeing what the top sites 5811 03:25:58,279 --> 03:26:03,040 like what their mockups look like I 5812 03:26:00,399 --> 03:26:04,520 digress uh so like I said they expanded 5813 03:26:03,040 --> 03:26:07,080 into some other products like they have 5814 03:26:04,520 --> 03:26:08,960 underwear button-ups hats that's the 5815 03:26:07,080 --> 03:26:10,720 kind of stuff that we'll get to later on 5816 03:26:08,960 --> 03:26:12,239 they didn't do that for years until 5817 03:26:10,720 --> 03:26:14,399 years after they launched so we got 5818 03:26:12,239 --> 03:26:17,080 discounts clean white backgrounds they 5819 03:26:14,399 --> 03:26:18,840 got neck tags which is cool notice how 5820 03:26:17,080 --> 03:26:21,399 they name all their products they put 5821 03:26:18,840 --> 03:26:23,279 the word t instead of t-shirt just minor 5822 03:26:21,399 --> 03:26:24,960 things but that kind of stuff adds up 5823 03:26:23,279 --> 03:26:26,319 seems like their best sellers like their 5824 03:26:24,960 --> 03:26:29,080 bread and butter are these graphic 5825 03:26:26,319 --> 03:26:30,800 shirts with this space like trippy theme 5826 03:26:29,080 --> 03:26:32,560 and like I was saying it's important to 5827 03:26:30,800 --> 03:26:34,600 look across the board at all the top 5828 03:26:32,560 --> 03:26:36,319 brands not just one or two cuz if we 5829 03:26:34,600 --> 03:26:38,000 just look it into the am we're like all 5830 03:26:36,319 --> 03:26:40,359 right we're going to replicate that so 5831 03:26:38,000 --> 03:26:41,720 they have some shirts with their logo on 5832 03:26:40,359 --> 03:26:43,399 it okay I'll go make those if you're a 5833 03:26:41,720 --> 03:26:45,680 brand new store nobody's ever heard of 5834 03:26:43,399 --> 03:26:48,080 you nobody is going to want just your 5835 03:26:45,680 --> 03:26:49,920 logo on a pocket that's like down the 5836 03:26:48,080 --> 03:26:51,800 road so that's why we look across the 5837 03:26:49,920 --> 03:26:53,279 board at seven or eight Brands cuz be 5838 03:26:51,800 --> 03:26:55,120 willing to bet into the am is one of the 5839 03:26:53,279 --> 03:26:56,720 few that's doing that and then it's 5840 03:26:55,120 --> 03:26:58,239 important to look at what their mobile 5841 03:26:56,720 --> 03:27:00,199 optimized page looks like it's a lot 5842 03:26:58,239 --> 03:27:02,359 lower quality as I took it on my phone 5843 03:27:00,199 --> 03:27:04,080 so they put two products side by side 5844 03:27:02,359 --> 03:27:05,880 they don't have a call to action button 5845 03:27:04,080 --> 03:27:07,800 on the collection page which is 5846 03:27:05,880 --> 03:27:10,080 interesting some stores do that they 5847 03:27:07,800 --> 03:27:13,000 show the color swatches yeah pretty 5848 03:27:10,080 --> 03:27:14,880 simple Banner is their discount I be 5849 03:27:13,000 --> 03:27:16,760 will to bet that normally that's like a 5850 03:27:14,880 --> 03:27:18,600 free shipping bar and then next up we 5851 03:27:16,760 --> 03:27:20,319 have their product pages so what can we 5852 03:27:18,600 --> 03:27:22,800 learn from this page first of all they 5853 03:27:20,319 --> 03:27:25,399 have their social proof right at the top 5854 03:27:22,800 --> 03:27:27,040 their social proof says 11,000 reviews 5855 03:27:25,399 --> 03:27:29,640 what they've done is they aggregated all 5856 03:27:27,040 --> 03:27:31,239 of their reviews across every t-shirt 5857 03:27:29,640 --> 03:27:33,120 design sold so that's kind of 5858 03:27:31,239 --> 03:27:35,080 interesting but the most important stuff 5859 03:27:33,120 --> 03:27:37,399 to note is above the fold it's very 5860 03:27:35,080 --> 03:27:39,040 simple very clear call to action button 5861 03:27:37,399 --> 03:27:41,560 stands out nice and clean the 5862 03:27:39,040 --> 03:27:44,080 description very short not very wordy 5863 03:27:41,560 --> 03:27:45,319 they have some nested options like if 5864 03:27:44,080 --> 03:27:47,040 you want to learn more about these you 5865 03:27:45,319 --> 03:27:49,359 click that pops out out they don't just 5866 03:27:47,040 --> 03:27:51,479 list all that text and they have their 5867 03:27:49,359 --> 03:27:53,680 other brands versus them so they have 5868 03:27:51,479 --> 03:27:56,080 the trust seals talking about their main 5869 03:27:53,680 --> 03:27:57,680 selling points and then an important 5870 03:27:56,080 --> 03:27:59,840 thing is they have a bunch of cross 5871 03:27:57,680 --> 03:28:01,600 cells and frequently bought together 5872 03:27:59,840 --> 03:28:03,319 options and then they have a bunch of 5873 03:28:01,600 --> 03:28:05,800 customer reviews and then down at the 5874 03:28:03,319 --> 03:28:07,840 bottom they have a scrolling add to cart 5875 03:28:05,800 --> 03:28:10,160 button and we'll talk more about the 5876 03:28:07,840 --> 03:28:11,520 product page on the mobile view this is 5877 03:28:10,160 --> 03:28:13,680 just an error with the screenshot so 5878 03:28:11,520 --> 03:28:15,560 ignore the the blue image but yeah above 5879 03:28:13,680 --> 03:28:17,520 the fold nice and clean add to cartp 5880 03:28:15,560 --> 03:28:19,560 button I don't think the scrolling ad to 5881 03:28:17,520 --> 03:28:21,479 cart is showing up in the screenshot but 5882 03:28:19,560 --> 03:28:23,560 if I was to scroll down to here the add 5883 03:28:21,479 --> 03:28:25,160 to cart button would pop up here and 5884 03:28:23,560 --> 03:28:27,640 notice how the majority of the page is 5885 03:28:25,160 --> 03:28:29,359 taken up by bunch of other cross- sell 5886 03:28:27,640 --> 03:28:30,960 products the reason for that and that 5887 03:28:29,359 --> 03:28:32,760 you'll notice that theme across all the 5888 03:28:30,960 --> 03:28:34,160 brands is that people who buy T-shirts 5889 03:28:32,760 --> 03:28:36,279 they're just shopping they're browsing 5890 03:28:34,160 --> 03:28:38,080 around like they're there as much for 5891 03:28:36,279 --> 03:28:39,640 the interest and appeal of like just 5892 03:28:38,080 --> 03:28:41,399 browsing through something kind of like 5893 03:28:39,640 --> 03:28:42,680 scrolling on Tik Tok as they are for 5894 03:28:41,399 --> 03:28:44,279 actually buying the shirt so they want 5895 03:28:42,680 --> 03:28:45,840 to see lots of options they want to see 5896 03:28:44,279 --> 03:28:47,760 variety and you want to make sure you 5897 03:28:45,840 --> 03:28:50,160 put that in front of them on every page 5898 03:28:47,760 --> 03:28:51,720 possible then there's their customer 5899 03:28:50,160 --> 03:28:53,800 reviews if you want to get like really 5900 03:28:51,720 --> 03:28:56,120 down into the weeds we could even see 5901 03:28:53,800 --> 03:28:58,120 exactly what apps they're using a site 5902 03:28:56,120 --> 03:29:00,040 called builtwith so this is builtwith 5903 03:28:58,120 --> 03:29:02,160 dcom you just type in their URL and it 5904 03:29:00,040 --> 03:29:04,000 shows you every software that they're 5905 03:29:02,160 --> 03:29:05,760 using you can do this for all the 5906 03:29:04,000 --> 03:29:07,920 different websites and this is just good 5907 03:29:05,760 --> 03:29:10,760 for as you're deciding like on like a 5908 03:29:07,920 --> 03:29:12,080 new review app or anything like that I 5909 03:29:10,760 --> 03:29:13,439 used to just go sign up for all of them 5910 03:29:12,080 --> 03:29:15,800 and try out everything cuz they all 5911 03:29:13,439 --> 03:29:17,680 sound so good now if I ever see a new 5912 03:29:15,800 --> 03:29:19,600 app or something I first go look at 5913 03:29:17,680 --> 03:29:21,960 these sites on builtwith and make sure 5914 03:29:19,600 --> 03:29:23,199 that hey are other top stores actually 5915 03:29:21,960 --> 03:29:25,120 using these things and if they're not 5916 03:29:23,199 --> 03:29:27,120 then I slap myself on the wrist and say 5917 03:29:25,120 --> 03:29:29,520 forget about it but we can see they're 5918 03:29:27,120 --> 03:29:31,760 using clavia for email attendant for SMS 5919 03:29:29,520 --> 03:29:34,239 grin loads out never heard of that North 5920 03:29:31,760 --> 03:29:36,479 beam that's analytics tracking super 5921 03:29:34,239 --> 03:29:38,600 ship I'm guessing that's for like 5922 03:29:36,479 --> 03:29:41,040 pushing updates and stuff then you get 5923 03:29:38,600 --> 03:29:43,840 down into like their tracking pixels 5924 03:29:41,040 --> 03:29:46,160 there's Tik Tok then these are the 5925 03:29:43,840 --> 03:29:47,439 Shopify apps or widgets so search search 5926 03:29:46,160 --> 03:29:50,560 and eyes that's something for their 5927 03:29:47,439 --> 03:29:52,199 search bar aimtel push notifications 5928 03:29:50,560 --> 03:29:53,920 okay that's like we use push out for 5929 03:29:52,199 --> 03:29:56,880 that stamped that's their customer 5930 03:29:53,920 --> 03:29:58,359 reviews captures errors it's interesting 5931 03:29:56,880 --> 03:30:00,160 yeah so these are like much more buildup 5932 03:29:58,359 --> 03:30:02,760 stores like we we don't really need any 5933 03:30:00,160 --> 03:30:05,479 of this for just getting started tap 5934 03:30:02,760 --> 03:30:07,000 cart okay so that's a mobile app builder 5935 03:30:05,479 --> 03:30:08,960 and there's a lot of these that show up 5936 03:30:07,000 --> 03:30:10,600 for just every Shopify store that you 5937 03:30:08,960 --> 03:30:12,960 look up it doesn't necessarily mean that 5938 03:30:10,600 --> 03:30:14,760 they installed it specifically they're 5939 03:30:12,960 --> 03:30:16,800 on Shopify plus which means they're 5940 03:30:14,760 --> 03:30:19,080 paying two grand a month like all the 5941 03:30:16,800 --> 03:30:21,040 big stores do they use recharge for 5942 03:30:19,080 --> 03:30:23,680 subscription payments they use afterpay 5943 03:30:21,040 --> 03:30:25,520 for delayed pay installments they use 5944 03:30:23,680 --> 03:30:28,399 gorgeous for their customer service they 5945 03:30:25,520 --> 03:30:30,920 use help docs for their FAQ section they 5946 03:30:28,399 --> 03:30:32,800 use refersion another affiliate tracking 5947 03:30:30,920 --> 03:30:35,319 so that's interesting use Google 5948 03:30:32,800 --> 03:30:36,680 remarketing bounce X that's interesting 5949 03:30:35,319 --> 03:30:38,600 I've never heard of that one see you 5950 03:30:36,680 --> 03:30:40,439 find cool stuff all the time by just 5951 03:30:38,600 --> 03:30:41,640 watching and seeing what these top 5952 03:30:40,439 --> 03:30:43,920 performers are doing like they have 5953 03:30:41,640 --> 03:30:46,479 spent millions of dollars optimizing 5954 03:30:43,920 --> 03:30:49,000 these sites so let's learn from these 5955 03:30:46,479 --> 03:30:51,239 Twitter ads okay we could go on and on 5956 03:30:49,000 --> 03:30:53,520 but let's get back to this so that's 5957 03:30:51,239 --> 03:30:55,479 what similar web is now onto the cart 5958 03:30:53,520 --> 03:30:56,680 and checkout page I didn't mention this 5959 03:30:55,479 --> 03:30:58,399 earlier but this is just each step in 5960 03:30:56,680 --> 03:31:01,479 the funnel homepage collection page 5961 03:30:58,399 --> 03:31:04,080 product cart checkout post purchase so 5962 03:31:01,479 --> 03:31:06,720 their cart when you add a product see 5963 03:31:04,080 --> 03:31:09,239 you clicked add to cart it pops out a 5964 03:31:06,720 --> 03:31:11,160 sidebar there's the cart drawer there's 5965 03:31:09,239 --> 03:31:13,160 a popup that pops up in the center of 5966 03:31:11,160 --> 03:31:14,640 the screen or you can actually take them 5967 03:31:13,160 --> 03:31:16,479 to a cart so there's like three or four 5968 03:31:14,640 --> 03:31:18,359 different cart layout options and we'll 5969 03:31:16,479 --> 03:31:20,120 cover all this in the Shopify setup so 5970 03:31:18,359 --> 03:31:21,680 you just learn from this and know that 5971 03:31:20,120 --> 03:31:24,640 this is here as a resource to refer back 5972 03:31:21,680 --> 03:31:26,080 to checkout yeah they do cross sales in 5973 03:31:24,640 --> 03:31:27,880 cart that's where they mention their 5974 03:31:26,080 --> 03:31:29,399 afterpay here's their free shipping 5975 03:31:27,880 --> 03:31:30,960 we're going to set this up later their 5976 03:31:29,399 --> 03:31:32,800 free shipping they incentivize people to 5977 03:31:30,960 --> 03:31:34,640 spend $100 to increase their average 5978 03:31:32,800 --> 03:31:36,560 order value much better margin for into 5979 03:31:34,640 --> 03:31:38,399 the am because it's cheaper shipping 5980 03:31:36,560 --> 03:31:39,800 it's much cheaper on a per Shure basis 5981 03:31:38,399 --> 03:31:41,680 to ship like three or four at a time 5982 03:31:39,800 --> 03:31:43,920 than it is to just ship one cuz shipping 5983 03:31:41,680 --> 03:31:45,920 is weight based so yeah good to see 5984 03:31:43,920 --> 03:31:47,160 they've cross cells and stuff then 5985 03:31:45,920 --> 03:31:49,319 here's similar web this is another one 5986 03:31:47,160 --> 03:31:51,840 of my favorite sites similar web don't 5987 03:31:49,319 --> 03:31:53,880 ask me how it works but it tracks and 5988 03:31:51,840 --> 03:31:55,680 reports on the amount of traffic that 5989 03:31:53,880 --> 03:31:57,439 sites are receiving and not only does it 5990 03:31:55,680 --> 03:31:59,199 show that it shows now obviously these 5991 03:31:57,439 --> 03:32:01,560 are estimates but in my experience from 5992 03:31:59,199 --> 03:32:03,199 comparing my site my actual traffic in 5993 03:32:01,560 --> 03:32:05,000 my analytics to what similar web says 5994 03:32:03,199 --> 03:32:07,760 it's relatively close it might be off by 5995 03:32:05,000 --> 03:32:09,600 like 20 to 30% but it's in the ballpark 5996 03:32:07,760 --> 03:32:12,319 so you can see what their view duration 5997 03:32:09,600 --> 03:32:13,760 is similar sites and then you can see 5998 03:32:12,319 --> 03:32:16,160 where the majority of their traffic is 5999 03:32:13,760 --> 03:32:18,080 coming from so they're like they're 56% 6000 03:32:16,160 --> 03:32:19,680 us they do a lot in the Netherlands you 6001 03:32:18,080 --> 03:32:21,439 can see their Market demographic and 6002 03:32:19,680 --> 03:32:24,040 then down here you can see where the 6003 03:32:21,439 --> 03:32:26,359 majority of their traffic is coming from 6004 03:32:24,040 --> 03:32:28,000 so we can see that 47% of their traffic 6005 03:32:26,359 --> 03:32:29,560 is coming from direct response which 6006 03:32:28,000 --> 03:32:31,640 when we first start off or direct 6007 03:32:29,560 --> 03:32:33,680 response is just direct traffic are 6008 03:32:31,640 --> 03:32:35,359 people that specifically search for 6009 03:32:33,680 --> 03:32:37,040 their brand word it can also be kind of 6010 03:32:35,359 --> 03:32:38,800 a catch-all category for stuff that 6011 03:32:37,040 --> 03:32:40,800 similar web is not sure about like how 6012 03:32:38,800 --> 03:32:42,880 to attribute the traffic but it's mostly 6013 03:32:40,800 --> 03:32:44,840 people coming back who have shopped with 6014 03:32:42,880 --> 03:32:46,160 into the am before or their friends or 6015 03:32:44,840 --> 03:32:47,760 family told them about it that's the 6016 03:32:46,160 --> 03:32:49,399 kind of traffic you want cuz when that 6017 03:32:47,760 --> 03:32:51,080 number is going up it's a good sign that 6018 03:32:49,399 --> 03:32:53,880 your brand is growing and By Word of 6019 03:32:51,080 --> 03:32:55,640 Mouth but it's good to see how these 6020 03:32:53,880 --> 03:32:57,399 sites are getting their traffic it's a 6021 03:32:55,640 --> 03:32:59,520 lot of Word of Mouth some referrals 6022 03:32:57,399 --> 03:33:01,920 which is like Affiliates or influencers 6023 03:32:59,520 --> 03:33:03,840 16% is from organic search so that's 6024 03:33:01,920 --> 03:33:06,000 somebody going to Google and typing in 6025 03:33:03,840 --> 03:33:08,080 like Festival graphic t-shirts and then 6026 03:33:06,000 --> 03:33:10,359 they're finding into the am ranks high 6027 03:33:08,080 --> 03:33:12,080 for the certain keyword you can even see 6028 03:33:10,359 --> 03:33:13,960 the keyword yeah here's the keywords 6029 03:33:12,080 --> 03:33:15,880 down here paid search that's their 6030 03:33:13,960 --> 03:33:18,279 Google ads that we're going to set up 20 6031 03:33:15,880 --> 03:33:20,800 2% is from social media so this includes 6032 03:33:18,279 --> 03:33:22,800 their social organic social profiles and 6033 03:33:20,800 --> 03:33:25,720 their paid ads so like Facebook 6034 03:33:22,800 --> 03:33:27,080 Instagram Tik Tok and then mail that's 6035 03:33:25,720 --> 03:33:29,800 their email marketing that seems 6036 03:33:27,080 --> 03:33:31,920 extremely low but it's possible and then 6037 03:33:29,800 --> 03:33:34,479 display advertising that's another 6038 03:33:31,920 --> 03:33:36,000 Google ad product as well and here my 6039 03:33:34,479 --> 03:33:38,319 personal favorite is where you can see 6040 03:33:36,000 --> 03:33:40,080 what their ads actually look like so if 6041 03:33:38,319 --> 03:33:41,439 you're sitting down at your ad account 6042 03:33:40,080 --> 03:33:43,479 and you're not sure like what kind of 6043 03:33:41,439 --> 03:33:45,080 creative should I test what performs 6044 03:33:43,479 --> 03:33:46,239 well what should my offer be what should 6045 03:33:45,080 --> 03:33:48,760 my ad copy 6046 03:33:46,239 --> 03:33:51,120 just go to Facebook ad library.com it is 6047 03:33:48,760 --> 03:33:54,080 a absolute Lifesaver it'll show you 6048 03:33:51,120 --> 03:33:56,000 every ad that they are currently running 6049 03:33:54,080 --> 03:33:58,399 and the way that we can really evaluate 6050 03:33:56,000 --> 03:34:00,000 if it's a good ad versus a bad ad is how 6051 03:33:58,399 --> 03:34:01,520 long it's been running for now you have 6052 03:34:00,000 --> 03:34:03,560 to throw out like seasonal stuff in like 6053 03:34:01,520 --> 03:34:05,199 one off promos but a lot of times you'll 6054 03:34:03,560 --> 03:34:08,040 be able to find ads that they've been 6055 03:34:05,199 --> 03:34:09,319 running for weeks if not months and 6056 03:34:08,040 --> 03:34:11,239 you'll normally find a lot of 6057 03:34:09,319 --> 03:34:13,319 commonalities between their ad copy 6058 03:34:11,239 --> 03:34:16,560 across ads cuz as we're going to talk 6059 03:34:13,319 --> 03:34:18,640 about in the ad section we find an offer 6060 03:34:16,560 --> 03:34:19,920 an ad copy that works really well and we 6061 03:34:18,640 --> 03:34:21,920 stick with it and then we really just 6062 03:34:19,920 --> 03:34:24,000 iterate on the ad creative like 6063 03:34:21,920 --> 03:34:26,239 different pictures videos that sort of 6064 03:34:24,000 --> 03:34:27,960 thing and a lot of times you can see 6065 03:34:26,239 --> 03:34:30,319 look they use this fire Emoji in every 6066 03:34:27,960 --> 03:34:32,120 single ad the perfect basic T perfect 6067 03:34:30,319 --> 03:34:33,520 basic T we can see a lot of 6068 03:34:32,120 --> 03:34:35,199 commonalities for example it's 6069 03:34:33,520 --> 03:34:37,840 interesting to me that they don't have a 6070 03:34:35,199 --> 03:34:39,239 URL in their ad copy anywhere again we 6071 03:34:37,840 --> 03:34:41,199 wouldn't just look at their ads we look 6072 03:34:39,239 --> 03:34:42,640 at all of the top print on man Brands 6073 03:34:41,199 --> 03:34:44,560 see what do they have in common what 6074 03:34:42,640 --> 03:34:46,640 types of offers are these guys using 6075 03:34:44,560 --> 03:34:48,359 what are their videos or ad creatives 6076 03:34:46,640 --> 03:34:49,760 look like and we build like rip it off 6077 03:34:48,359 --> 03:34:51,399 and copy it like see what the best 6078 03:34:49,760 --> 03:34:53,040 practices are are they driving traffic 6079 03:34:51,399 --> 03:34:55,319 to the product page or the collection 6080 03:34:53,040 --> 03:34:57,040 page that sort of thing and lastly we 6081 03:34:55,319 --> 03:34:59,279 have their Facebook and Instagram pages 6082 03:34:57,040 --> 03:35:01,040 so we can see what their branding and 6083 03:34:59,279 --> 03:35:03,279 overall look and feel that they're going 6084 03:35:01,040 --> 03:35:04,720 for is this is useful for a number of 6085 03:35:03,279 --> 03:35:06,279 reasons your Facebook and Instagram 6086 03:35:04,720 --> 03:35:07,960 pages are going to be like our last 6087 03:35:06,279 --> 03:35:09,399 order business we'll set them up to be 6088 03:35:07,960 --> 03:35:12,319 basic but we're not going to be using 6089 03:35:09,399 --> 03:35:13,520 these as our main traffic driver but 6090 03:35:12,319 --> 03:35:16,040 it's still good to see what are their 6091 03:35:13,520 --> 03:35:18,160 posts a lot of these Brands just do this 6092 03:35:16,040 --> 03:35:19,560 pictures of designs pictures of people 6093 03:35:18,160 --> 03:35:23,160 wearing their products that sort of 6094 03:35:19,560 --> 03:35:25,439 thing now you have a giant database of 6095 03:35:23,160 --> 03:35:27,720 best practices so anytime you have a 6096 03:35:25,439 --> 03:35:30,000 question in your mind later on before 6097 03:35:27,720 --> 03:35:31,840 just throwing in the group or something 6098 03:35:30,000 --> 03:35:34,120 or throwing your hands up always go 6099 03:35:31,840 --> 03:35:36,080 check what are the top sellers doing and 6100 03:35:34,120 --> 03:35:37,960 this again not just for print on demand 6101 03:35:36,080 --> 03:35:39,760 for any business or industry this is a 6102 03:35:37,960 --> 03:35:41,439 great way to get started way to get 6103 03:35:39,760 --> 03:35:43,199 started it's not a way to become the 6104 03:35:41,439 --> 03:35:44,760 leader in an industry the leader 6105 03:35:43,199 --> 03:35:47,399 typically has to be innovating in one 6106 03:35:44,760 --> 03:35:49,399 way or another but it's very possible to 6107 03:35:47,399 --> 03:35:50,920 build a seven figure brand just off the 6108 03:35:49,399 --> 03:35:53,720 backs of the best practices that you 6109 03:35:50,920 --> 03:35:55,359 learn from this spreadsheet anyways 6110 03:35:53,720 --> 03:35:56,380 that's it for this lesson and I'll see 6111 03:35:55,359 --> 03:36:06,520 you in the next 6112 03:35:56,380 --> 03:36:09,840 [Music] 6113 03:36:06,520 --> 03:36:11,399 one all right let's choose our Niche 6114 03:36:09,840 --> 03:36:13,840 what Market of people do we want to go 6115 03:36:11,399 --> 03:36:15,359 after good news is I have a lot of 6116 03:36:13,840 --> 03:36:17,239 experience with this I've chosen a lot 6117 03:36:15,359 --> 03:36:19,000 of bad niches so I can tell you exactly 6118 03:36:17,239 --> 03:36:20,800 what those look like and by process of 6119 03:36:19,000 --> 03:36:23,359 elimination I can also tell you what 6120 03:36:20,800 --> 03:36:25,840 good niches look like and also good news 6121 03:36:23,359 --> 03:36:28,479 we have several tools that will make 6122 03:36:25,840 --> 03:36:31,000 this much easier than just fingering the 6123 03:36:28,479 --> 03:36:32,840 wind hoping for the best type of thing 6124 03:36:31,000 --> 03:36:34,319 so we already talked about what a niche 6125 03:36:32,840 --> 03:36:36,640 is we're not going to talk about that 6126 03:36:34,319 --> 03:36:38,399 again but I'm doing this alongside you 6127 03:36:36,640 --> 03:36:40,319 literally building a brand with you so 6128 03:36:38,399 --> 03:36:43,640 whatever Niche I pick don't pick the 6129 03:36:40,319 --> 03:36:46,359 same Niche please uh one because I'm 6130 03:36:43,640 --> 03:36:48,560 already doing it let's diversify but two 6131 03:36:46,359 --> 03:36:50,399 there's a th% going to be a bunch of 6132 03:36:48,560 --> 03:36:51,840 people that rip off this store cuz I'm 6133 03:36:50,399 --> 03:36:53,359 actually going to run it and get it 6134 03:36:51,840 --> 03:36:56,199 profitable and people are just going to 6135 03:36:53,359 --> 03:36:58,000 copy paste it and if you copy me then 6136 03:36:56,199 --> 03:37:00,720 they'll be copying you too and it's just 6137 03:36:58,000 --> 03:37:02,800 like a weird downward slope that nobody 6138 03:37:00,720 --> 03:37:04,520 wants to go down so anyway picking a 6139 03:37:02,800 --> 03:37:07,359 niche way we're going to be doing this 6140 03:37:04,520 --> 03:37:08,800 is number one using this spreadsheet 6141 03:37:07,359 --> 03:37:10,680 here you might have seen this before if 6142 03:37:08,800 --> 03:37:12,080 you gone through the other trainings and 6143 03:37:10,680 --> 03:37:14,960 we're going to be augmenting this with 6144 03:37:12,080 --> 03:37:17,040 new AI that has come out since then to 6145 03:37:14,960 --> 03:37:18,720 make it pretty pretty easy overall and 6146 03:37:17,040 --> 03:37:20,640 our goal in doing this is picking a 6147 03:37:18,720 --> 03:37:22,920 niche that number one it's something 6148 03:37:20,640 --> 03:37:25,279 that we're in that we like to do if I 6149 03:37:22,920 --> 03:37:27,040 were to pick a niche like hunting I've 6150 03:37:25,279 --> 03:37:28,880 never been hunting in my life yeah that 6151 03:37:27,040 --> 03:37:30,600 could be a good Market to sell to but do 6152 03:37:28,880 --> 03:37:32,479 I know anything about what Hunters like 6153 03:37:30,600 --> 03:37:34,760 or like what's funny to Hunters or what 6154 03:37:32,479 --> 03:37:35,960 their slogans are no I have no idea so 6155 03:37:34,760 --> 03:37:37,680 number one we want to pick a niche that 6156 03:37:35,960 --> 03:37:39,479 we're in number two we want to pick a 6157 03:37:37,680 --> 03:37:40,439 niche that's super passionate we're 6158 03:37:39,479 --> 03:37:42,680 going to be using What's called the 6159 03:37:40,439 --> 03:37:44,840 bumper sticker test where we basically 6160 03:37:42,680 --> 03:37:47,359 think of if we've seen a bumper sticker 6161 03:37:44,840 --> 03:37:49,800 for our topic then it probably makes a 6162 03:37:47,359 --> 03:37:51,520 pretty good t-shirt Niche and same thing 6163 03:37:49,800 --> 03:37:54,199 with like tattoos people are getting 6164 03:37:51,520 --> 03:37:55,399 tatted up with like Yogi sayings Namaste 6165 03:37:54,199 --> 03:37:57,000 stuff like that that was part of the 6166 03:37:55,399 --> 03:37:59,080 reason why I chose yoga stay and then 6167 03:37:57,000 --> 03:38:01,520 we're going to narrow it down out of our 6168 03:37:59,080 --> 03:38:03,160 list of 5 to 10 to like two or three 6169 03:38:01,520 --> 03:38:04,840 niches then once we've narrowed it down 6170 03:38:03,160 --> 03:38:07,080 to those the way we pick the number one 6171 03:38:04,840 --> 03:38:09,479 Niche is by we're going to go out on 6172 03:38:07,080 --> 03:38:11,399 Amazon Etsy Redbubble and make sure that 6173 03:38:09,479 --> 03:38:13,680 they're actually products already being 6174 03:38:11,399 --> 03:38:15,080 served to that audience cuz if it's not 6175 03:38:13,680 --> 03:38:16,680 if there's nothing out there then it's 6176 03:38:15,080 --> 03:38:18,680 not like a good thing like Yay no 6177 03:38:16,680 --> 03:38:20,720 competition is a bad thing because that 6178 03:38:18,680 --> 03:38:21,960 means that there's no market for it as a 6179 03:38:20,720 --> 03:38:23,880 side note it's almost a good thing if 6180 03:38:21,960 --> 03:38:26,560 there is a lot of competition on these 6181 03:38:23,880 --> 03:38:28,000 marketplaces like Amazon Etsy Redbubble 6182 03:38:26,560 --> 03:38:29,520 because that's a sign that there's a ton 6183 03:38:28,000 --> 03:38:31,040 of demand and we're not going to be 6184 03:38:29,520 --> 03:38:33,000 competing with them at least not 6185 03:38:31,040 --> 03:38:35,439 directly we're going to be selling on 6186 03:38:33,000 --> 03:38:38,199 our own website driving our own ads 6187 03:38:35,439 --> 03:38:39,840 completely separate traffic so seeing 6188 03:38:38,199 --> 03:38:41,920 that there's competition on these 6189 03:38:39,840 --> 03:38:43,520 marketplaces is actually a good sign but 6190 03:38:41,920 --> 03:38:45,680 we'll talk about that more in a second 6191 03:38:43,520 --> 03:38:47,640 to get started you can go grab a cop of 6192 03:38:45,680 --> 03:38:49,520 this spreadsheet somewhere linked around 6193 03:38:47,640 --> 03:38:52,040 this video and you're going to open it 6194 03:38:49,520 --> 03:38:53,920 up and then go file make a copy cuz it's 6195 03:38:52,040 --> 03:38:55,560 going to be view only to get your own 6196 03:38:53,920 --> 03:38:57,680 version and it's going to look something 6197 03:38:55,560 --> 03:39:00,479 like this when you first open it and you 6198 03:38:57,680 --> 03:39:03,680 can just expand these sections to work 6199 03:39:00,479 --> 03:39:05,640 on it so just going to delete these and 6200 03:39:03,680 --> 03:39:10,080 this is where we're writing our list of 6201 03:39:05,640 --> 03:39:15,720 10 interests or Hobbies so for me I like 6202 03:39:10,080 --> 03:39:18,760 travel I like nature I like ice hockey I 6203 03:39:15,720 --> 03:39:22,239 like chess video 6204 03:39:18,760 --> 03:39:25,520 games working out 6205 03:39:22,239 --> 03:39:27,160 e-commerce that's not really a niche 6206 03:39:25,520 --> 03:39:28,800 though and if you're sitting there like 6207 03:39:27,160 --> 03:39:31,399 I don't have any hobbies yes you do 6208 03:39:28,800 --> 03:39:32,960 anything you like coffee drinking 6209 03:39:31,399 --> 03:39:34,439 hanging out with friends like just 6210 03:39:32,960 --> 03:39:36,479 rattle things off like stream of 6211 03:39:34,439 --> 03:39:40,160 Consciousness except for like e-commerce 6212 03:39:36,479 --> 03:39:42,560 like I just deleted pets I like my dog I 6213 03:39:40,160 --> 03:39:46,439 always feel so basic when I do this 6214 03:39:42,560 --> 03:39:48,120 exercise I like sleeping 6215 03:39:46,439 --> 03:39:49,600 not actually going to put sleeping but 6216 03:39:48,120 --> 03:39:51,520 you could actually think of some pretty 6217 03:39:49,600 --> 03:39:53,000 decent print on demand designs for 6218 03:39:51,520 --> 03:39:54,359 sleeping there could be something funny 6219 03:39:53,000 --> 03:39:55,600 there but all right if you're like me 6220 03:39:54,359 --> 03:39:57,080 and you feel super basic when you're 6221 03:39:55,600 --> 03:39:58,880 doing this you're like I don't have any 6222 03:39:57,080 --> 03:40:00,880 actual Hobbies then we can go over to 6223 03:39:58,880 --> 03:40:03,399 our good old friend chat GPT which if 6224 03:40:00,880 --> 03:40:04,680 you never use this before just go to 6225 03:40:03,399 --> 03:40:07,239 chat. 6226 03:40:04,680 --> 03:40:09,319 open.com and create an account I think 6227 03:40:07,239 --> 03:40:11,720 you can use the free version I think 6228 03:40:09,319 --> 03:40:14,640 it's 20 bucks for GPT 4 but the free 6229 03:40:11,720 --> 03:40:16,479 version works fine it's just like 3.5 6230 03:40:14,640 --> 03:40:18,720 it's basically the same thing so well we 6231 03:40:16,479 --> 03:40:20,279 can ask chat GPT which is we're going to 6232 03:40:18,720 --> 03:40:22,080 get into this a lot more later but it's 6233 03:40:20,279 --> 03:40:23,720 a cool to use AI tool youve probably 6234 03:40:22,080 --> 03:40:31,199 heard of before so what I'm going to ask 6235 03:40:23,720 --> 03:40:34,199 it is write a list of 30 print on demand 6236 03:40:31,199 --> 03:40:38,840 t-shirt 6237 03:40:34,199 --> 03:40:43,040 niches pet lover wow that's it stole my 6238 03:40:38,840 --> 03:40:43,040 list oh Foodies that's a good 6239 03:40:43,479 --> 03:40:49,160 one gaming and E sports sports teams and 6240 03:40:47,319 --> 03:40:51,040 athletes okay so this is good to talk 6241 03:40:49,160 --> 03:40:53,000 about some niches that we want to avoid 6242 03:40:51,040 --> 03:40:55,640 are things that are heavily trademarked 6243 03:40:53,000 --> 03:40:57,640 or would be like competing with bigname 6244 03:40:55,640 --> 03:40:59,680 Brands we wouldn't want sports for 6245 03:40:57,640 --> 03:41:01,279 example you can't really do that because 6246 03:40:59,680 --> 03:41:03,439 you could but like you can't do any 6247 03:41:01,279 --> 03:41:05,439 sports team names if you're doing nature 6248 03:41:03,439 --> 03:41:08,279 something to be careful about is that 6249 03:41:05,439 --> 03:41:11,160 all the national parks their names and 6250 03:41:08,279 --> 03:41:13,160 likenesses are trademarked so you can't 6251 03:41:11,160 --> 03:41:15,399 use those like you can't say like yosity 6252 03:41:13,160 --> 03:41:16,960 on a t-shirt or yosity National Park you 6253 03:41:15,399 --> 03:41:20,399 can't say that so stuff like that is 6254 03:41:16,960 --> 03:41:21,920 important to watch out for gardening now 6255 03:41:20,399 --> 03:41:24,159 Science and Technology could be 6256 03:41:21,920 --> 03:41:27,040 interesting beer wine spirits we also 6257 03:41:24,159 --> 03:41:29,000 want to be aware of topics that are 6258 03:41:27,040 --> 03:41:31,000 would be against Facebook's terms of 6259 03:41:29,000 --> 03:41:34,319 service like you can't advertise alcohol 6260 03:41:31,000 --> 03:41:35,640 or drugs or anything like suggestive 6261 03:41:34,319 --> 03:41:37,120 they've gotten a little bit more lenient 6262 03:41:35,640 --> 03:41:38,760 with politics but I also recommend 6263 03:41:37,120 --> 03:41:40,040 staying away from that because it's just 6264 03:41:38,760 --> 03:41:41,920 you have to jump through a bunch of 6265 03:41:40,040 --> 03:41:43,760 Hoops in order to actually get your 6266 03:41:41,920 --> 03:41:44,960 brand approved to run ads like you 6267 03:41:43,760 --> 03:41:48,199 basically have to prove that you're not 6268 03:41:44,960 --> 03:41:50,279 in Russia like running like political 6269 03:41:48,199 --> 03:41:52,520 ads trying to sway the election it's 6270 03:41:50,279 --> 03:41:55,080 what it essentially boils down to that 6271 03:41:52,520 --> 03:41:56,880 little fun piece got added after uh 6272 03:41:55,080 --> 03:41:59,279 Zuckerberg had to go on Capitol Hill 6273 03:41:56,880 --> 03:42:02,040 anyway so health and wellness that's a 6274 03:41:59,279 --> 03:42:04,680 good one astrology and zodiac signs that 6275 03:42:02,040 --> 03:42:07,080 could be good festivals and 6276 03:42:04,680 --> 03:42:10,159 holidays's copy a couple 6277 03:42:07,080 --> 03:42:12,239 entrepreneurship yeah definitely but a 6278 03:42:10,159 --> 03:42:15,439 hard time picturing t-shirt designs for 6279 03:42:12,239 --> 03:42:18,159 these local landmarks and cityscapes 6280 03:42:15,439 --> 03:42:21,439 national pride and Flags Okay so I I 6281 03:42:18,159 --> 03:42:24,239 need to add one more though I'll add 6282 03:42:21,439 --> 03:42:25,800 gaming all right so now we're going here 6283 03:42:24,239 --> 03:42:27,479 we check that off did that now we're 6284 03:42:25,800 --> 03:42:29,399 going to run each of the ideas through 6285 03:42:27,479 --> 03:42:31,399 the bumper sticker test which like I 6286 03:42:29,399 --> 03:42:33,399 said is I'm going to think through each 6287 03:42:31,399 --> 03:42:35,960 of these and think to myself have I ever 6288 03:42:33,399 --> 03:42:37,800 seen any of these on a bumper sticker or 6289 03:42:35,960 --> 03:42:40,279 on a tattoo then I'm going to narrow the 6290 03:42:37,800 --> 03:42:41,600 list down to two to three ideas so 6291 03:42:40,279 --> 03:42:43,319 travel I've already done that so I'm 6292 03:42:41,600 --> 03:42:45,279 just going to like cross that out ice 6293 03:42:43,319 --> 03:42:47,359 hockey it could be good but it's too 6294 03:42:45,279 --> 03:42:50,439 Niche and another good way to approach 6295 03:42:47,359 --> 03:42:52,680 it is think of like good markets are 6296 03:42:50,439 --> 03:42:54,319 like where the primary demographic are 6297 03:42:52,680 --> 03:42:57,239 both males and females that are 6298 03:42:54,319 --> 03:42:59,399 middle-aged in like their 30s 40s 50s 6299 03:42:57,239 --> 03:43:01,760 60s I just called myself middleaged for 6300 03:42:59,399 --> 03:43:03,760 the first time that was weird oh 40s 50s 6301 03:43:01,760 --> 03:43:05,960 60s we're going to adjust that but you 6302 03:43:03,760 --> 03:43:08,840 don't want to go after a group of like 6303 03:43:05,960 --> 03:43:10,880 teenagers or early 20s like people that 6304 03:43:08,840 --> 03:43:13,199 don't have money you want to go after a 6305 03:43:10,880 --> 03:43:15,399 bigger group and also a niche where 6306 03:43:13,199 --> 03:43:16,720 there's giftable like opportunities 6307 03:43:15,399 --> 03:43:18,960 which we'll see more what that looks 6308 03:43:16,720 --> 03:43:21,040 like in a second chess that's kind of 6309 03:43:18,960 --> 03:43:23,399 Niche I think board games could be more 6310 03:43:21,040 --> 03:43:25,880 interesting maybe combining these two 6311 03:43:23,399 --> 03:43:27,560 chess and video games into a just games 6312 03:43:25,880 --> 03:43:29,239 Niche that could actually be really 6313 03:43:27,560 --> 03:43:33,279 interesting somebody copy that I'm not 6314 03:43:29,239 --> 03:43:36,239 going to do that one but all right for 6315 03:43:33,279 --> 03:43:36,239 just games in 6316 03:43:40,920 --> 03:43:44,760 general figure out a better way to 6317 03:43:42,680 --> 03:43:46,800 phrase that later a working out health 6318 03:43:44,760 --> 03:43:48,840 and Fitness is okay I also like going 6319 03:43:46,800 --> 03:43:50,520 after niches where there's a humor 6320 03:43:48,840 --> 03:43:52,479 potential you can definitely do some 6321 03:43:50,520 --> 03:43:54,680 humor with working out jokes about 6322 03:43:52,479 --> 03:43:56,199 everyday is Leg Day stuff like that but 6323 03:43:54,680 --> 03:43:57,840 try to think of these things in the back 6324 03:43:56,199 --> 03:43:59,239 of your mind and as I'm going through 6325 03:43:57,840 --> 03:44:00,600 this I'm thinking like okay what are the 6326 03:43:59,239 --> 03:44:03,600 different angles that I could use for 6327 03:44:00,600 --> 03:44:05,840 pets pets it's been done so many times 6328 03:44:03,600 --> 03:44:08,159 it could still work but food I would 6329 03:44:05,840 --> 03:44:10,960 diversify I would want to add something 6330 03:44:08,159 --> 03:44:13,479 else like coffee or drinking that could 6331 03:44:10,960 --> 03:44:15,560 be a good one gaming and Esports I just 6332 03:44:13,479 --> 03:44:17,920 did that I kind of like the holiday 6333 03:44:15,560 --> 03:44:21,560 ones that are jumping out of me are not 6334 03:44:17,920 --> 03:44:21,560 that nature and 6335 03:44:22,159 --> 03:44:27,120 holidays I'm not totally sold on the 6336 03:44:24,760 --> 03:44:28,840 holidays one it's kind of seasonal but 6337 03:44:27,120 --> 03:44:31,560 we'll go through the process and see how 6338 03:44:28,840 --> 03:44:33,840 it goes okay so now the next step of the 6339 03:44:31,560 --> 03:44:35,760 process so we check off all these 6340 03:44:33,840 --> 03:44:38,080 collaps that run each idea through the 6341 03:44:35,760 --> 03:44:40,399 bumper sticker test did that narrow us 6342 03:44:38,080 --> 03:44:42,800 down to two to three ideas did that good 6343 03:44:40,399 --> 03:44:44,439 Niche equals unique but with a broad 6344 03:44:42,800 --> 03:44:46,199 audience so it feels like we're speaking 6345 03:44:44,439 --> 03:44:49,520 to the audience so so the example I give 6346 03:44:46,199 --> 03:44:51,359 is that hot yoga is like Bick Room yoga 6347 03:44:49,520 --> 03:44:54,120 that's too Niche it's too many levels 6348 03:44:51,359 --> 03:44:56,600 down but then yoga is good but then if 6349 03:44:54,120 --> 03:44:58,199 you just want General exercise that 6350 03:44:56,600 --> 03:45:00,720 would be too broad so you kind of want 6351 03:44:58,199 --> 03:45:02,239 the Goldilocks zone of niches let's try 6352 03:45:00,720 --> 03:45:05,080 to give some more examples if you're 6353 03:45:02,239 --> 03:45:07,279 doing nature and Outdoors probably that 6354 03:45:05,080 --> 03:45:09,279 would be like really broad but then as a 6355 03:45:07,279 --> 03:45:11,239 subset of that you could do people who 6356 03:45:09,279 --> 03:45:13,520 like the mountains as one but then you 6357 03:45:11,239 --> 03:45:14,960 don't want to do like people who like 6358 03:45:13,520 --> 03:45:16,120 nature mountains and then specific 6359 03:45:14,960 --> 03:45:17,840 specifically the Rocky Mountains and 6360 03:45:16,120 --> 03:45:19,920 that's all that you service to you want 6361 03:45:17,840 --> 03:45:22,040 it to be somewhere in the middle there 6362 03:45:19,920 --> 03:45:24,479 or if you did nature and then people who 6363 03:45:22,040 --> 03:45:25,680 like forests or flowers that would be a 6364 03:45:24,479 --> 03:45:28,560 good example but then you wouldn't want 6365 03:45:25,680 --> 03:45:30,840 to do people who like nature forests and 6366 03:45:28,560 --> 03:45:32,600 then specifically just rainforests like 6367 03:45:30,840 --> 03:45:33,920 that again would be too Niche this 6368 03:45:32,600 --> 03:45:36,199 process does not need to be that 6369 03:45:33,920 --> 03:45:38,040 challenging if you have 10 ideas and you 6370 03:45:36,199 --> 03:45:40,040 think they're all good just post them in 6371 03:45:38,040 --> 03:45:41,600 our community we'll give you feedback on 6372 03:45:40,040 --> 03:45:43,319 the ideas but don't get stressed out 6373 03:45:41,600 --> 03:45:45,080 about this it's something like we've 6374 03:45:43,319 --> 03:45:46,880 said one of the advantages of the 6375 03:45:45,080 --> 03:45:49,239 business model is that you can always 6376 03:45:46,880 --> 03:45:51,239 turn back and pivot and come up with a 6377 03:45:49,239 --> 03:45:52,600 different idea even if the ideas you 6378 03:45:51,239 --> 03:45:54,359 have written down there even if all of 6379 03:45:52,600 --> 03:45:56,000 them end up sucking or going to learn 6380 03:45:54,359 --> 03:45:58,279 from it and then your next idea will be 6381 03:45:56,000 --> 03:45:59,920 better I had a brand called royal cats 6382 03:45:58,279 --> 03:46:02,239 doesn't get much worse than that take it 6383 03:45:59,920 --> 03:46:04,239 from me you'll learn and get better each 6384 03:46:02,239 --> 03:46:06,520 time it's a new skill that you're 6385 03:46:04,239 --> 03:46:08,319 learning just like anything else so next 6386 03:46:06,520 --> 03:46:10,040 we can Google search to make sure that 6387 03:46:08,319 --> 03:46:12,560 it's a big enough market size we can do 6388 03:46:10,040 --> 03:46:14,640 the niche interest and Market size as a 6389 03:46:12,560 --> 03:46:17,479 search or even better back when I made 6390 03:46:14,640 --> 03:46:20,880 this AI was not really a thing at least 6391 03:46:17,479 --> 03:46:28,359 publicly accessible AI what is market 6392 03:46:20,880 --> 03:46:33,880 size for following pod Nations One 6393 03:46:28,359 --> 03:46:35,840 gaming video games slash board games to 6394 03:46:33,880 --> 03:46:38,239 what I do for two 6395 03:46:35,840 --> 03:46:42,159 nature and nature like I said I would 6396 03:46:38,239 --> 03:46:44,920 narrow that down but nature and then 6397 03:46:42,159 --> 03:46:46,359 like holidays holidays is like very it's 6398 03:46:44,920 --> 03:46:49,000 like very specific but I do like the 6399 03:46:46,359 --> 03:46:50,080 potential like cycle the collections 6400 03:46:49,000 --> 03:46:51,840 let's just do that let's see what it 6401 03:46:50,080 --> 03:46:55,560 says so we want to make sure that it's a 6402 03:46:51,840 --> 03:46:55,560 large enough market we want millions of 6403 03:46:58,399 --> 03:47:06,600 people holy crap I did not know that 6404 03:47:02,199 --> 03:47:06,600 okay so I meant people 6405 03:47:19,120 --> 03:47:24,920 wow all right somebody definitely do the 6406 03:47:22,920 --> 03:47:26,720 video game Market don't step into 6407 03:47:24,920 --> 03:47:29,479 trademark infringement territory but 6408 03:47:26,720 --> 03:47:31,760 that is crazy yeah don't do like Pac-Man 6409 03:47:29,479 --> 03:47:33,640 t-shirts and get into trouble also 6410 03:47:31,760 --> 03:47:36,720 obligatory disclaimer this is not legal 6411 03:47:33,640 --> 03:47:38,479 advice do your own research all that but 6412 03:47:36,720 --> 03:47:40,600 yeah that's crazy okay it didn't really 6413 03:47:38,479 --> 03:47:42,439 give me enough concrete evidence but the 6414 03:47:40,600 --> 03:47:44,040 target I know that these are big enough 6415 03:47:42,439 --> 03:47:46,239 the target range we're looking for is 6416 03:47:44,040 --> 03:47:48,760 like 10 million up ideally just in the 6417 03:47:46,239 --> 03:47:50,520 us alone I wouldn't do Bow Hunting I 6418 03:47:48,760 --> 03:47:52,880 would do something like more broad than 6419 03:47:50,520 --> 03:47:54,720 that but personally nowadays I like to 6420 03:47:52,880 --> 03:47:57,120 go after big markets I want the bigger 6421 03:47:54,720 --> 03:47:58,920 the better cuz I know that I can out 6422 03:47:57,120 --> 03:48:00,800 compete with people doing all the things 6423 03:47:58,920 --> 03:48:02,479 that we are going to cover in this 6424 03:48:00,800 --> 03:48:05,279 course I can now compete with people and 6425 03:48:02,479 --> 03:48:06,479 build in just about any Market I avoid 6426 03:48:05,279 --> 03:48:07,840 things that involve trademark 6427 03:48:06,479 --> 03:48:09,120 infringement and stuff like that or 6428 03:48:07,840 --> 03:48:11,920 something that I've already sold in that 6429 03:48:09,120 --> 03:48:13,760 I'm bored of but yeah by by and large 6430 03:48:11,920 --> 03:48:15,439 you don't have to worry just go bigger 6431 03:48:13,760 --> 03:48:17,279 cuz then you can always niche down like 6432 03:48:15,439 --> 03:48:20,040 for example if you start off with like 6433 03:48:17,279 --> 03:48:21,399 nature you can go broad test out a wide 6434 03:48:20,040 --> 03:48:22,800 variety of different products like you 6435 03:48:21,399 --> 03:48:24,319 can do like I was saying mountains 6436 03:48:22,800 --> 03:48:26,120 versus Forest you don't have to decide 6437 03:48:24,319 --> 03:48:27,479 that up front you can launch designs for 6438 03:48:26,120 --> 03:48:29,399 everything that's the good thing about 6439 03:48:27,479 --> 03:48:31,279 selling on Shopify there's no like per 6440 03:48:29,399 --> 03:48:32,560 product listing fee so you can launch a 6441 03:48:31,279 --> 03:48:34,760 thousand if you feel like making that 6442 03:48:32,560 --> 03:48:36,640 many we aim for like around a 100 but 6443 03:48:34,760 --> 03:48:38,880 you can make five for Mountain lovers 6444 03:48:36,640 --> 03:48:41,199 five for hikers five for campers and 6445 03:48:38,880 --> 03:48:42,800 then see which ones do the best and then 6446 03:48:41,199 --> 03:48:45,040 go down that rabbit hole it's kind of 6447 03:48:42,800 --> 03:48:45,960 like what content creators do too like 6448 03:48:45,040 --> 03:48:48,239 when they're starting out they make 6449 03:48:45,960 --> 03:48:49,800 content about everything then two or 6450 03:48:48,239 --> 03:48:51,760 three out of their 100 videos will 6451 03:48:49,800 --> 03:48:54,159 really hit and then they'll just blow up 6452 03:48:51,760 --> 03:48:56,439 those two or three make a 100 more 6453 03:48:54,159 --> 03:48:58,080 videos about that topic a lot of things 6454 03:48:56,439 --> 03:48:59,840 that work that way all right now we're 6455 03:48:58,080 --> 03:49:01,040 going to conduct our market research and 6456 03:48:59,840 --> 03:49:02,880 basically make sure that people are 6457 03:49:01,040 --> 03:49:05,760 already selling to these I'm pretty 6458 03:49:02,880 --> 03:49:07,399 confident that we can say that for all 6459 03:49:05,760 --> 03:49:10,640 of these without even getting into it 6460 03:49:07,399 --> 03:49:12,920 but let's just do it for example sake 6461 03:49:10,640 --> 03:49:14,720 Amazon so first again we're just going 6462 03:49:12,920 --> 03:49:16,560 to these websites these Top Market 6463 03:49:14,720 --> 03:49:18,560 Market places and making sure that there 6464 03:49:16,560 --> 03:49:19,800 are already people selling to these and 6465 03:49:18,560 --> 03:49:20,920 if there aren't then that's a big red 6466 03:49:19,800 --> 03:49:25,319 flag and we should go find something 6467 03:49:20,920 --> 03:49:27,359 else to sell to video game graphic 6468 03:49:25,319 --> 03:49:29,880 t-shirts and then I put some 6469 03:49:27,359 --> 03:49:31,439 quantitative metrics here just to give 6470 03:49:29,880 --> 03:49:33,479 you something to shoot for we want to 6471 03:49:31,439 --> 03:49:35,279 see at least five different sellers you 6472 03:49:33,479 --> 03:49:36,960 can use jungle Scout which is like a 6473 03:49:35,279 --> 03:49:38,279 Amazon research tool if you want you 6474 03:49:36,960 --> 03:49:40,239 honestly don't really need it but we 6475 03:49:38,279 --> 03:49:42,520 want to see five plus sellers at least 6476 03:49:40,239 --> 03:49:44,319 20 different graphic t-shirts and then 6477 03:49:42,520 --> 03:49:47,239 we want to see three plus different 6478 03:49:44,319 --> 03:49:49,120 style and angles and this is a really 6479 03:49:47,239 --> 03:49:50,800 important piece to touch on is that we 6480 03:49:49,120 --> 03:49:53,319 want to make sure that there's like a 6481 03:49:50,800 --> 03:49:55,600 wide variety of different styles and 6482 03:49:53,319 --> 03:49:57,279 interest like sub niches kind of like I 6483 03:49:55,600 --> 03:49:59,600 was just saying like the mountains 6484 03:49:57,279 --> 03:50:01,239 versus Forest versus hiking versus 6485 03:49:59,600 --> 03:50:03,680 camping we like to see that because more 6486 03:50:01,239 --> 03:50:05,840 variety means more opportunity for us to 6487 03:50:03,680 --> 03:50:08,000 like iterate within those designs so 6488 03:50:05,840 --> 03:50:10,080 more variety is good like if I just saw 6489 03:50:08,000 --> 03:50:12,720 all these gaming shirts if it was just 6490 03:50:10,080 --> 03:50:15,359 like this or like this weird stuff like 6491 03:50:12,720 --> 03:50:17,479 this anime stuff I would not like this I 6492 03:50:15,359 --> 03:50:20,120 would have a this Niche is not me if 6493 03:50:17,479 --> 03:50:22,840 it's all anime stuff but oh I do like 6494 03:50:20,120 --> 03:50:25,800 seeing stuff like this this is 100% an 6495 03:50:22,840 --> 03:50:28,479 AI design so I like seeing that and it 6496 03:50:25,800 --> 03:50:32,600 has some reviews so it has six sales so 6497 03:50:28,479 --> 03:50:34,680 I like that's AI That's AI probably AI 6498 03:50:32,600 --> 03:50:37,319 borderline trademark infringement unless 6499 03:50:34,680 --> 03:50:39,040 they have some kind of yeah these two 6500 03:50:37,319 --> 03:50:41,239 yeah that's Nintendo that makes sense 6501 03:50:39,040 --> 03:50:43,319 and Brainiac they look like a legitimate 6502 03:50:41,239 --> 03:50:45,439 okay so this design is one that's great 6503 03:50:43,319 --> 03:50:47,159 I've used this on every store for ever I 6504 03:50:45,439 --> 03:50:48,800 like yoga and maybe three people I like 6505 03:50:47,159 --> 03:50:50,880 coffee and maybe three people I like 6506 03:50:48,800 --> 03:50:52,920 hiking and maybe three people any Niche 6507 03:50:50,880 --> 03:50:55,000 I don't care what your store is put this 6508 03:50:52,920 --> 03:50:57,040 shirt on and it'll sell well pretty much 6509 03:50:55,000 --> 03:50:59,199 guaranteed borderline that's definitely 6510 03:50:57,040 --> 03:51:01,080 trade okay that's Nintendo again so 6511 03:50:59,199 --> 03:51:03,920 anything that's Nintendo or trademarked 6512 03:51:01,080 --> 03:51:05,600 we just automatically like disallow that 6513 03:51:03,920 --> 03:51:07,560 but okay so back to what we were looking 6514 03:51:05,600 --> 03:51:12,359 at 20 plus graphic t-shirts there's 6515 03:51:07,560 --> 03:51:15,720 definitely that many uh one two three 6516 03:51:12,359 --> 03:51:18,239 four yeah we love seeing stuff like 6517 03:51:15,720 --> 03:51:20,560 this and this counts as a different 6518 03:51:18,239 --> 03:51:22,600 angle this is a different art style so 6519 03:51:20,560 --> 03:51:26,040 we have typography based we have just 6520 03:51:22,600 --> 03:51:28,560 graphic images we have funny like humor 6521 03:51:26,040 --> 03:51:31,279 we have line art just 6522 03:51:28,560 --> 03:51:33,680 monocolored we have ai generated like 6523 03:51:31,279 --> 03:51:34,880 grunge art so that's a different style 6524 03:51:33,680 --> 03:51:38,159 don't count that because that's 6525 03:51:34,880 --> 03:51:40,399 trademark don't count that that's some 6526 03:51:38,159 --> 03:51:43,319 game old school so I'm making a mental 6527 03:51:40,399 --> 03:51:45,319 note that there's a bunch of older video 6528 03:51:43,319 --> 03:51:48,880 game references so that could be another 6529 03:51:45,319 --> 03:51:51,000 angle 100% AI generated yeah somebody 6530 03:51:48,880 --> 03:51:52,760 somebody do a video game store after 6531 03:51:51,000 --> 03:51:55,479 going through this course and tell me 6532 03:51:52,760 --> 03:51:58,279 how it goes but not everybody 100% AI 6533 03:51:55,479 --> 03:52:00,560 generated wow this is pretty crazy AI 6534 03:51:58,279 --> 03:52:05,600 generated so yeah it definitely checks 6535 03:52:00,560 --> 03:52:05,600 all the boxes here so I'll say 6536 03:52:06,800 --> 03:52:15,479 five I saw like at least six different 6537 03:52:11,800 --> 03:52:19,319 styles I saw a ton of different 6538 03:52:15,479 --> 03:52:23,000 sellers one thing that I don't like is 6539 03:52:19,319 --> 03:52:25,359 this there is a lot of Nintendo and 6540 03:52:23,000 --> 03:52:27,120 Super Mario stuff to be aware of but 6541 03:52:25,359 --> 03:52:28,840 again the benefit of selling the way 6542 03:52:27,120 --> 03:52:30,840 that we are is we're not going to be 6543 03:52:28,840 --> 03:52:33,560 competing with them if I was an Amazon 6544 03:52:30,840 --> 03:52:37,479 Seller I probably would not touch this 6545 03:52:33,560 --> 03:52:40,239 Niche it it's just brand dominated all 6546 03:52:37,479 --> 03:52:44,560 over the place crazy dog that's a video 6547 03:52:40,239 --> 03:52:45,800 game company as well okay moving on to 6548 03:52:44,560 --> 03:52:49,520 next up we have 6549 03:52:45,800 --> 03:52:49,520 Etsy and we're going to 6550 03:52:54,159 --> 03:52:58,720 do and we're just evaluating the same 6551 03:52:56,560 --> 03:53:01,760 thing here so do we see five different 6552 03:52:58,720 --> 03:53:03,560 sellers there's one there's two but 6553 03:53:01,760 --> 03:53:06,359 that's crazy dog that's another big 6554 03:53:03,560 --> 03:53:09,319 video game brand blue green love so that 6555 03:53:06,359 --> 03:53:11,439 we'll count that as two three four see a 6556 03:53:09,319 --> 03:53:13,239 lot of these line art styles I would 6557 03:53:11,439 --> 03:53:16,520 definitely make one of these don't get 6558 03:53:13,239 --> 03:53:18,080 older my uh my needs are simple this is 6559 03:53:16,520 --> 03:53:20,199 another good example of a shirt that you 6560 03:53:18,080 --> 03:53:22,600 could sell in any 6561 03:53:20,199 --> 03:53:24,640 Niche this is another example of a shirt 6562 03:53:22,600 --> 03:53:26,840 you can sell in any Niche so yeah this 6563 03:53:24,640 --> 03:53:29,600 clearly checks all the boxes so there 6564 03:53:26,840 --> 03:53:31,760 are definitely more than enough Etsy 6565 03:53:29,600 --> 03:53:34,319 sellers do we see 20 plus graphic 6566 03:53:31,760 --> 03:53:36,520 t-shirts and these niches that I picked 6567 03:53:34,319 --> 03:53:38,479 are very broad so I'm very confident 6568 03:53:36,520 --> 03:53:39,880 they're all going to check the boxes but 6569 03:53:38,479 --> 03:53:45,439 let's give you an example of one that 6570 03:53:39,880 --> 03:53:48,159 was like really small like bow hunting 6571 03:53:45,439 --> 03:53:51,159 graphic 6572 03:53:48,159 --> 03:53:52,960 t-shirts yeah see okay so perfect so bow 6573 03:53:51,159 --> 03:53:55,000 hunting say that I was an avid Bow 6574 03:53:52,960 --> 03:53:58,080 Hunter and I really wanted that to be my 6575 03:53:55,000 --> 03:53:59,920 Niche so yeah hunt notice how with bow 6576 03:53:58,080 --> 03:54:01,880 hunting a lot of the designs are not 6577 03:53:59,920 --> 03:54:03,520 about bow hunting they're about just 6578 03:54:01,880 --> 03:54:06,399 hunting in general a lot of the top 6579 03:54:03,520 --> 03:54:08,640 sellers so it's like this that's just 6580 03:54:06,399 --> 03:54:10,120 hunting in general that's about bow 6581 03:54:08,640 --> 03:54:12,720 hunting I guess we'll give it to them 6582 03:54:10,120 --> 03:54:14,840 that's just about hunting that just 6583 03:54:12,720 --> 03:54:16,120 literally says hunt so yeah this is an 6584 03:54:14,840 --> 03:54:18,080 example and you might be like there's a 6585 03:54:16,120 --> 03:54:20,120 lot of hunting shirts there yes or 6586 03:54:18,080 --> 03:54:22,159 there's a lot of bow hunting shirts here 6587 03:54:20,120 --> 03:54:24,680 and yes that's true but you notice how 6588 03:54:22,159 --> 03:54:25,920 if we go back to video games all of 6589 03:54:24,680 --> 03:54:27,920 these are about video games there isn't 6590 03:54:25,920 --> 03:54:30,359 a single shirt on this front page that 6591 03:54:27,920 --> 03:54:32,800 is not about video games contrast that 6592 03:54:30,359 --> 03:54:35,040 to bow hunting and right here on the 6593 03:54:32,800 --> 03:54:37,640 front page the top results there's five 6594 03:54:35,040 --> 03:54:39,319 or six that are not about a bow hunting 6595 03:54:37,640 --> 03:54:41,000 which is just a bad sign another thing 6596 03:54:39,319 --> 03:54:42,960 we can do is sort by top customer 6597 03:54:41,000 --> 03:54:45,439 reviews yeah you'll see a lot of these 6598 03:54:42,960 --> 03:54:47,199 like bundles on Etsy they're always some 6599 03:54:45,439 --> 03:54:49,640 of the top sellers that I've seen but 6600 03:54:47,199 --> 03:54:51,120 I've never really Doven too deep into 6601 03:54:49,640 --> 03:54:54,720 that all right now let's look at the 6602 03:54:51,120 --> 03:54:57,479 nature Niche so I like the nature Niche 6603 03:54:54,720 --> 03:54:59,239 I love these like retro Styles like the 6604 03:54:57,479 --> 03:55:01,040 silhouette interesting thing about this 6605 03:54:59,239 --> 03:55:02,840 design is that a reason that this is 6606 03:55:01,040 --> 03:55:05,159 probably so popular is that this tree 6607 03:55:02,840 --> 03:55:07,840 line here that's not actually a print 6608 03:55:05,159 --> 03:55:10,960 that's just transparency so you can see 6609 03:55:07,840 --> 03:55:13,399 through the actual color of the 6610 03:55:10,960 --> 03:55:16,319 shirt see how the color of the trees 6611 03:55:13,399 --> 03:55:16,319 changes 6612 03:55:16,640 --> 03:55:20,560 we're going to talk about what makes 6613 03:55:18,199 --> 03:55:22,359 good high quality designs like what the 6614 03:55:20,560 --> 03:55:24,880 characteristics are so we can know what 6615 03:55:22,359 --> 03:55:28,600 to make but that's one of the things is 6616 03:55:24,880 --> 03:55:31,279 a precursor so there's Tree Art Freebird 6617 03:55:28,600 --> 03:55:33,600 that's just a song reference so I do 6618 03:55:31,279 --> 03:55:36,000 like the nature Niche a lot but it's a 6619 03:55:33,600 --> 03:55:37,479 little bit too broad it's also been done 6620 03:55:36,000 --> 03:55:40,520 a lot like you can definitely be 6621 03:55:37,479 --> 03:55:42,399 successful with it but it's like that's 6622 03:55:40,520 --> 03:55:44,880 that's confidence right there confidence 6623 03:55:42,399 --> 03:55:47,279 that you're not going to get sued by 6624 03:55:44,880 --> 03:55:50,080 National Park you don't want Smokey the 6625 03:55:47,279 --> 03:55:51,800 Bear coming after you all right so I do 6626 03:55:50,080 --> 03:55:53,560 like the nature Niche it's obviously a 6627 03:55:51,800 --> 03:55:54,920 massive market for it this is an example 6628 03:55:53,560 --> 03:55:57,520 of one that I would definitely want to 6629 03:55:54,920 --> 03:55:58,680 Niche down more than it currently is 6630 03:55:57,520 --> 03:56:01,640 it's just too 6631 03:55:58,680 --> 03:56:05,720 broad let's just do this let's have jet 6632 03:56:01,640 --> 03:56:07,600 prob 50 more be ideas let's see what 6633 03:56:05,720 --> 03:56:10,520 that comes up with in the meantime let 6634 03:56:07,600 --> 03:56:13,840 look at holiday so now we're looking at 6635 03:56:10,520 --> 03:56:15,560 holidays find your Star Wars I've looked 6636 03:56:13,840 --> 03:56:18,600 at the the Holiday Market before so I 6637 03:56:15,560 --> 03:56:19,920 know there's a lot of potential here and 6638 03:56:18,600 --> 03:56:21,479 something that could be interesting and 6639 03:56:19,920 --> 03:56:23,479 this is a way that you can get something 6640 03:56:21,479 --> 03:56:26,159 more original going is by kind of 6641 03:56:23,479 --> 03:56:29,199 combining two niches to create your own 6642 03:56:26,159 --> 03:56:31,600 sub Niche so an example of that would be 6643 03:56:29,199 --> 03:56:33,680 if you were to take video games with 6644 03:56:31,600 --> 03:56:35,680 like a certain type of art style or if 6645 03:56:33,680 --> 03:56:37,439 you were to take video games cross with 6646 03:56:35,680 --> 03:56:40,439 like Festival that would be interesting 6647 03:56:37,439 --> 03:56:42,560 you do it with two popular markets so 6648 03:56:40,439 --> 03:56:44,279 taking this kind of style that Festival 6649 03:56:42,560 --> 03:56:46,239 goers like which is one Niche and 6650 03:56:44,279 --> 03:56:47,960 combining it with topics for like video 6651 03:56:46,239 --> 03:56:50,159 Gamers that's how you come up with a 6652 03:56:47,960 --> 03:56:53,080 really cool brand like really unique 6653 03:56:50,159 --> 03:56:56,760 brand Wicked Clothes Like These Guys 6654 03:56:53,080 --> 03:56:59,880 these guys are very like edgy and Niche 6655 03:56:56,760 --> 03:57:02,359 very unique but they hit like two really 6656 03:56:59,880 --> 03:57:05,279 big niches which is kind of like gothic 6657 03:57:02,359 --> 03:57:07,479 art styles pop culture and then a lot of 6658 03:57:05,279 --> 03:57:09,080 humor mixed in there as well so they're 6659 03:57:07,479 --> 03:57:11,560 an example of a brand that's like kind 6660 03:57:09,080 --> 03:57:13,159 of mixed a couple together and come up 6661 03:57:11,560 --> 03:57:14,840 with something really unique so that 6662 03:57:13,159 --> 03:57:17,080 could be interesting combin finding like 6663 03:57:14,840 --> 03:57:19,040 festivals with video games just as one 6664 03:57:17,080 --> 03:57:21,359 example let's look at our list I've 6665 03:57:19,040 --> 03:57:22,439 already talked talked up video games too 6666 03:57:21,359 --> 03:57:23,960 much somebody's definitely going to do 6667 03:57:22,439 --> 03:57:26,239 that already so I'm going to take that 6668 03:57:23,960 --> 03:57:29,399 one out that would be a good one though 6669 03:57:26,239 --> 03:57:29,399 but what about like 6670 03:57:33,800 --> 03:57:38,439 Seasons oh that could be interesting so 6671 03:57:36,399 --> 03:57:39,880 if we were to combine the holidays which 6672 03:57:38,439 --> 03:57:41,960 I liked because you're able to like 6673 03:57:39,880 --> 03:57:43,920 rotate lots of Collections and like give 6674 03:57:41,960 --> 03:57:45,479 scarcity saying our Christmas collection 6675 03:57:43,920 --> 03:57:47,359 is launching soon our Christmas 6676 03:57:45,479 --> 03:57:49,600 collection is closing soon that sort of 6677 03:57:47,359 --> 03:57:51,199 thing like summer collection or July 6678 03:57:49,600 --> 03:57:54,040 collection what if we did that same 6679 03:57:51,199 --> 03:57:56,680 exact kind of thing but with Seasons I 6680 03:57:54,040 --> 03:57:58,800 liked the holiday aspect because I'm 6681 03:57:56,680 --> 03:58:01,359 able to do lots of collections but then 6682 03:57:58,800 --> 03:58:03,960 I also liked the nature aspect as well 6683 03:58:01,359 --> 03:58:06,199 because there's an abundance of nature 6684 03:58:03,960 --> 03:58:09,560 designs it's a massive Market but then 6685 03:58:06,199 --> 03:58:11,359 it's overdone and it's not that Niche or 6686 03:58:09,560 --> 03:58:14,399 specific but if we kind of overlay the 6687 03:58:11,359 --> 03:58:16,800 two and do nature with the seasonal it 6688 03:58:14,399 --> 03:58:18,399 of holidays and more specifically or 6689 03:58:16,800 --> 03:58:20,239 broader than holidays if we just do 6690 03:58:18,399 --> 03:58:23,000 seasons so if we did like a new 6691 03:58:20,239 --> 03:58:25,600 collection once a quarter one for winter 6692 03:58:23,000 --> 03:58:27,600 summer spring fall each one of those 6693 03:58:25,600 --> 03:58:29,479 Seasons as it's coming up people get 6694 03:58:27,600 --> 03:58:31,920 excited to get into the spirit of that 6695 03:58:29,479 --> 03:58:33,680 season and I start buying clothing and 6696 03:58:31,920 --> 03:58:35,199 then within those Seasons we can do 6697 03:58:33,680 --> 03:58:37,120 different holidays like a Halloween 6698 03:58:35,199 --> 03:58:38,359 collection all kinds of stuff which if 6699 03:58:37,120 --> 03:58:40,040 you're following what I'm saying it's 6700 03:58:38,359 --> 03:58:43,399 it's good because it's broad but it 6701 03:58:40,040 --> 03:58:45,560 feels specific and Niche and it also has 6702 03:58:43,399 --> 03:58:48,359 like urgency because a holiday is a time 6703 03:58:45,560 --> 03:58:50,600 sensitive thing now the downside is this 6704 03:58:48,359 --> 03:58:52,760 will require a ton of designs because 6705 03:58:50,600 --> 03:58:55,199 we'll need like basically 100 designs 6706 03:58:52,760 --> 03:58:57,520 per season at least and then by the time 6707 03:58:55,199 --> 03:58:58,960 we optimize a collection of like 100 6708 03:58:57,520 --> 03:59:00,439 designs there's a good chance that 6709 03:58:58,960 --> 03:59:01,720 season's already over we won't get a 6710 03:59:00,439 --> 03:59:03,199 chance to like take advantage of that 6711 03:59:01,720 --> 03:59:04,960 until the next season but we're in this 6712 03:59:03,199 --> 03:59:07,279 for the long game so and the other thing 6713 03:59:04,960 --> 03:59:08,880 is that using AI especially the software 6714 03:59:07,279 --> 03:59:10,720 we're making is designed specifically 6715 03:59:08,880 --> 03:59:13,359 for this kind of use case and these type 6716 03:59:10,720 --> 03:59:14,800 of designs it can do extremely well I 6717 03:59:13,359 --> 03:59:16,800 think that's what we're going to end up 6718 03:59:14,800 --> 03:59:18,319 doing we could do like winter collection 6719 03:59:16,800 --> 03:59:21,199 spring each of the seasons and the 6720 03:59:18,319 --> 03:59:23,199 holidays within it and a lot of these 6721 03:59:21,199 --> 03:59:26,199 patterns and style like spring people 6722 03:59:23,199 --> 03:59:28,399 associate with flowers and then fall 6723 03:59:26,199 --> 03:59:30,319 people associate with fall leaves and 6724 03:59:28,399 --> 03:59:33,040 then summer people associate with 6725 03:59:30,319 --> 03:59:35,040 sunshine and beaches and that kind of 6726 03:59:33,040 --> 03:59:36,239 thing now an important thing for us to 6727 03:59:35,040 --> 03:59:38,560 keep in mind is like what would the 6728 03:59:36,239 --> 03:59:41,080 branding look like how can we make it 6729 03:59:38,560 --> 03:59:42,640 something that people will feel drawn to 6730 03:59:41,080 --> 03:59:44,279 identify with like what's our mission 6731 03:59:42,640 --> 03:59:46,319 going to be could do some kind kind of 6732 03:59:44,279 --> 03:59:48,000 like environmental give back type of 6733 03:59:46,319 --> 03:59:49,399 thing it feels like a little flimsy 6734 03:59:48,000 --> 03:59:50,760 though I don't know we can figure out 6735 03:59:49,399 --> 03:59:52,120 something with that cuz we want the 6736 03:59:50,760 --> 03:59:54,760 audience that we're attracting to be 6737 03:59:52,120 --> 03:59:56,439 more than just people who are just you 6738 03:59:54,760 --> 03:59:58,000 know random t-shirt buyers we want it to 6739 03:59:56,439 --> 04:00:00,199 be people that are like actually going 6740 03:59:58,000 --> 04:00:01,359 to identify with like yoga stay was 6741 04:00:00,199 --> 04:00:03,239 perfect people were not just buying the 6742 04:00:01,359 --> 04:00:05,439 T-shirt they were buying into like the 6743 04:00:03,239 --> 04:00:07,199 mission like the Mantra of just breathe 6744 04:00:05,439 --> 04:00:09,040 like that kind of stuff this will have 6745 04:00:07,199 --> 04:00:10,640 to play with a little bit but we want to 6746 04:00:09,040 --> 04:00:13,239 make sure we have like a really strong 6747 04:00:10,640 --> 04:00:14,680 mission statement behind it but we'll 6748 04:00:13,239 --> 04:00:17,159 talk a lot more about that in The 6749 04:00:14,680 --> 04:00:19,880 Branding section but for now if you're 6750 04:00:17,159 --> 04:00:21,520 getting hung up on what Niche you should 6751 04:00:19,880 --> 04:00:24,080 be doing you're not sure is my Niche too 6752 04:00:21,520 --> 04:00:25,399 broad is it too specific just go through 6753 04:00:24,080 --> 04:00:27,560 this process if you think it might be 6754 04:00:25,399 --> 04:00:29,399 too specific easy way to solve that is 6755 04:00:27,560 --> 04:00:30,960 go through this make sure that there's 6756 04:00:29,399 --> 04:00:33,080 at least five different sellers 20 6757 04:00:30,960 --> 04:00:34,880 different products three plus different 6758 04:00:33,080 --> 04:00:36,199 styles or angles like different art 6759 04:00:34,880 --> 04:00:38,120 styles that shows you that there's 6760 04:00:36,199 --> 04:00:40,279 enough variety on Amazon then look at 6761 04:00:38,120 --> 04:00:41,479 Etsy Pinterest and red bubble look at 6762 04:00:40,279 --> 04:00:43,720 these sites make sure there's other 6763 04:00:41,479 --> 04:00:46,279 Sellers and if you can check those boxes 6764 04:00:43,720 --> 04:00:47,840 then great it's a good enough Niche but 6765 04:00:46,279 --> 04:00:49,319 if you can't and you're struggling like 6766 04:00:47,840 --> 04:00:51,040 these numbers are the bare minimums we 6767 04:00:49,319 --> 04:00:52,600 want to be seeing you saw those niches 6768 04:00:51,040 --> 04:00:54,760 we were just looking at they were 6769 04:00:52,600 --> 04:00:57,520 massive they had dozens if not hundreds 6770 04:00:54,760 --> 04:00:59,359 of Sellers and certainly thousands of 6771 04:00:57,520 --> 04:01:01,040 different products like that's the ideal 6772 04:00:59,359 --> 04:01:02,439 scenario because again we're not going 6773 04:01:01,040 --> 04:01:04,040 to be competing with them directly we're 6774 04:01:02,439 --> 04:01:06,159 going to be doing our own thing and if 6775 04:01:04,040 --> 04:01:07,720 you think your Niche might be too broad 6776 04:01:06,159 --> 04:01:09,399 go through this next section which we're 6777 04:01:07,720 --> 04:01:11,319 about to talk about which is your 6778 04:01:09,399 --> 04:01:13,159 branding I think through like okay what 6779 04:01:11,319 --> 04:01:15,319 could The Branding be would we actually 6780 04:01:13,159 --> 04:01:17,239 be unique would we stand out at all or 6781 04:01:15,319 --> 04:01:20,680 would it just be like another nature 6782 04:01:17,239 --> 04:01:22,720 store with random flowers and on it 6783 04:01:20,680 --> 04:01:24,520 so play around with it and again keep in 6784 04:01:22,720 --> 04:01:25,520 mind that it's not the be all end all 6785 04:01:24,520 --> 04:01:26,920 it's not the end of the world if you 6786 04:01:25,520 --> 04:01:29,120 don't pick the right Niche I picked 6787 04:01:26,920 --> 04:01:31,680 Royal cats first time around and look at 6788 04:01:29,120 --> 04:01:33,399 me now I got a blue light behind me so 6789 04:01:31,680 --> 04:01:35,359 we got our Niche we're going to do 6790 04:01:33,399 --> 04:01:37,319 seasons next up we're going to come up 6791 04:01:35,359 --> 04:01:40,600 with our name branding and all that kind 6792 04:01:37,319 --> 04:01:40,600 of good stuff 6793 04:01:40,990 --> 04:01:51,560 [Music] 6794 04:01:49,399 --> 04:01:53,640 and now that we've picked our Niche next 6795 04:01:51,560 --> 04:01:56,120 step is for us to come up with our brand 6796 04:01:53,640 --> 04:01:58,359 name and a lot of people over complicate 6797 04:01:56,120 --> 04:02:01,680 this process myself certainly included 6798 04:01:58,359 --> 04:02:03,880 when I first started I spent literally 3 6799 04:02:01,680 --> 04:02:06,600 weeks Fring about my business name it 6800 04:02:03,880 --> 04:02:09,080 literally does not matter at all I hired 6801 04:02:06,600 --> 04:02:12,680 a freaking Latin translator off of 6802 04:02:09,080 --> 04:02:14,720 Fiverr to translate long story short 6803 04:02:12,680 --> 04:02:17,800 what I ended up coming up with was sa 6804 04:02:14,720 --> 04:02:19,680 mut orbis the name was cabus which was 6805 04:02:17,800 --> 04:02:21,640 short an abbreviation for that which was 6806 04:02:19,680 --> 04:02:23,600 Latin for be the change in the world 6807 04:02:21,640 --> 04:02:26,120 wild the unnecessary brand never went 6808 04:02:23,600 --> 04:02:27,520 anywhere your brand name is worthless if 6809 04:02:26,120 --> 04:02:29,560 you don't actually have a brand behind 6810 04:02:27,520 --> 04:02:30,840 it so I think a lot of times as 6811 04:02:29,560 --> 04:02:32,279 entrepreneurs especially when we're 6812 04:02:30,840 --> 04:02:34,319 getting started and we get overwhelmed 6813 04:02:32,279 --> 04:02:36,080 by all this complex stuff that we don't 6814 04:02:34,319 --> 04:02:38,120 understand we tend to get hung up on the 6815 04:02:36,080 --> 04:02:40,680 little things that feel more tangible 6816 04:02:38,120 --> 04:02:42,479 but are significantly less important 6817 04:02:40,680 --> 04:02:44,680 than your product your marketing all 6818 04:02:42,479 --> 04:02:47,560 that kind of stuff so long story short 6819 04:02:44,680 --> 04:02:50,199 step one in our spreadsheet here is set 6820 04:02:47,560 --> 04:02:52,159 a timer for 5 minutes to make sure that 6821 04:02:50,199 --> 04:02:54,760 this doesn't take any longer than it 6822 04:02:52,159 --> 04:02:57,640 should next we're going to go to this 6823 04:02:54,760 --> 04:03:01,080 site bisame wiz.com and we're going to 6824 04:02:57,640 --> 04:03:03,560 type in the niche plus brand so I'm 6825 04:03:01,080 --> 04:03:07,319 going to type in 6826 04:03:03,560 --> 04:03:09,080 Seasons brand oh they updated this okay 6827 04:03:07,319 --> 04:03:10,720 so they're getting downgraded and 6828 04:03:09,080 --> 04:03:13,439 removed from the spreadsheet instead 6829 04:03:10,720 --> 04:03:14,520 we're going over to chat GPT and saying 6830 04:03:13,439 --> 04:03:19,720 come 6831 04:03:14,520 --> 04:03:23,439 up with 10 brand name ideas for a 6832 04:03:19,720 --> 04:03:26,800 seasonal graphic apparel 6833 04:03:23,439 --> 04:03:28,920 t-shirt PR on demand company that's what 6834 04:03:26,800 --> 04:03:33,600 I love about chat GPT you can just word 6835 04:03:28,920 --> 04:03:37,720 vomit on it print on demand company 6836 04:03:33,600 --> 04:03:43,800 yeah Equinox outfit Vernal 6837 04:03:37,720 --> 04:03:43,800 Vogue make more like number one 6838 04:03:44,640 --> 04:03:51,000 seasonal style works and a good name is 6839 04:03:48,479 --> 04:03:52,680 just something that's short memorable to 6840 04:03:51,000 --> 04:03:54,359 the point doesn't have to be over 6841 04:03:52,680 --> 04:03:56,520 complicated again set your timer for 5 6842 04:03:54,359 --> 04:04:02,239 minutes I like 6843 04:03:56,520 --> 04:04:05,239 having give 20 names with the word 6844 04:04:02,239 --> 04:04:05,239 seasonal in 6845 04:04:07,000 --> 04:04:12,040 it doesn't f 6846 04:04:16,960 --> 04:04:20,359 okay so it gave me a bunch of different 6847 04:04:18,319 --> 04:04:22,040 one these are all too complex remember 6848 04:04:20,359 --> 04:04:24,520 we wanted to be something a short sweet 6849 04:04:22,040 --> 04:04:26,880 to the point like yoga's original name 6850 04:04:24,520 --> 04:04:28,239 was Namaste collections we had to change 6851 04:04:26,880 --> 04:04:29,920 it in order to get the trademark cuz 6852 04:04:28,239 --> 04:04:32,399 they said it was too generic so I'm kind 6853 04:04:29,920 --> 04:04:33,680 of liking I like seasonal and the word 6854 04:04:32,399 --> 04:04:35,359 collections is just to the point 6855 04:04:33,680 --> 04:04:37,720 especially because we're going to be 6856 04:04:35,359 --> 04:04:39,600 cycling in different collections which 6857 04:04:37,720 --> 04:04:41,600 to clarify is not required you don't 6858 04:04:39,600 --> 04:04:43,239 have to be doing what I'm doing that's 6859 04:04:41,600 --> 04:04:44,840 just a strategy that I came up with 6860 04:04:43,239 --> 04:04:46,680 early here to cycle through the 6861 04:04:44,840 --> 04:04:48,640 collection so it stands out more but 6862 04:04:46,680 --> 04:04:51,279 it's definitely not like required by any 6863 04:04:48,640 --> 04:04:54,359 means you can do like just a coffee 6864 04:04:51,279 --> 04:04:57,880 store or just a wine store or just a 6865 04:04:54,359 --> 04:05:00,520 jogging store or just a dog store or 6866 04:04:57,880 --> 04:05:02,680 travel store vacation geography 6867 04:05:00,520 --> 04:05:05,680 mountains there's a bunch of more ideas 6868 04:05:02,680 --> 04:05:08,840 but I think the name I like is bringing 6869 04:05:05,680 --> 04:05:11,359 back the collections piece 6870 04:05:08,840 --> 04:05:14,239 seasonal it's kind of 6871 04:05:11,359 --> 04:05:17,359 wordy oh but chat GPT is a great idea 6872 04:05:14,239 --> 04:05:21,120 all right 5 minutes is definitely 6873 04:05:17,359 --> 04:05:24,000 up now we're going to go to name check 6874 04:05:21,120 --> 04:05:26,640 and if you type that 6875 04:05:24,000 --> 04:05:27,720 in now next step after we chose our name 6876 04:05:26,640 --> 04:05:29,319 where we have a couple of names we 6877 04:05:27,720 --> 04:05:31,120 narrow it down to we want to make sure 6878 04:05:29,319 --> 04:05:32,800 that the social accounts and domain and 6879 04:05:31,120 --> 04:05:34,880 stuff like that is all available for us 6880 04:05:32,800 --> 04:05:36,640 to go and grab and it doesn't have to be 6881 04:05:34,880 --> 04:05:39,439 exact like we can do seasonal 6882 04:05:36,640 --> 04:05:42,080 collections brand or seasonal collection 6883 04:05:39,439 --> 04:05:43,439 shop we can do a.co domain it really 6884 04:05:42,080 --> 04:05:45,760 doesn't matter the reason it doesn't 6885 04:05:43,439 --> 04:05:48,199 matter is because unlike most brands 6886 04:05:45,760 --> 04:05:49,840 where people navigate to their sites 6887 04:05:48,199 --> 04:05:51,000 from remembering hey what was the name 6888 04:05:49,840 --> 04:05:53,439 of that company and then they type in 6889 04:05:51,000 --> 04:05:55,319 the URL our traffic is going to be 6890 04:05:53,439 --> 04:05:56,960 coming almost solely from people 6891 04:05:55,319 --> 04:05:59,319 clicking on a link it's called direct 6892 04:05:56,960 --> 04:06:01,040 response we reach out to people and then 6893 04:05:59,319 --> 04:06:04,040 they receive a direct link to our 6894 04:06:01,040 --> 04:06:06,080 website to respond to so yeah this part 6895 04:06:04,040 --> 04:06:08,359 doesn't really matter or it matters but 6896 04:06:06,080 --> 04:06:10,880 don't get hung up on like if your exact 6897 04:06:08,359 --> 04:06:14,080 name is not available oh the dash there 6898 04:06:10,880 --> 04:06:14,080 we go 6899 04:06:14,680 --> 04:06:18,880 is anybody actually using 6900 04:06:16,479 --> 04:06:21,800 this oh and well that's pulling up 6901 04:06:18,880 --> 04:06:23,960 another example of why the name does not 6902 04:06:21,800 --> 04:06:26,600 matter is that little known fact is that 6903 04:06:23,960 --> 04:06:28,479 amazon.com that we all know and love I 6904 04:06:26,600 --> 04:06:30,399 love it at least was originally named 6905 04:06:28,479 --> 04:06:32,479 Kadabra Inc that's what it was 6906 04:06:30,399 --> 04:06:33,680 originally called and fun story he knew 6907 04:06:32,479 --> 04:06:35,520 that he had to change the name when he 6908 04:06:33,680 --> 04:06:37,040 was calling his lawyer on his way to 6909 04:06:35,520 --> 04:06:39,359 Washington as he was going there to 6910 04:06:37,040 --> 04:06:42,600 start the company he called his lawyer 6911 04:06:39,359 --> 04:06:45,080 and his lawyer misheard him and went 6912 04:06:42,600 --> 04:06:47,720 what' you say did you you say kadav and 6913 04:06:45,080 --> 04:06:49,680 Jeff in the podcast he lets out his 6914 04:06:47,720 --> 04:06:51,279 Infamous like evil villain laugh and 6915 04:06:49,680 --> 04:06:53,640 says and at that point I realized I need 6916 04:06:51,279 --> 04:06:56,040 to change the name so long story short 6917 04:06:53,640 --> 04:07:00,199 if the most valuable wow it's for sale 6918 04:06:56,040 --> 04:07:02,560 for just $3,000 that's amazing not doing 6919 04:07:00,199 --> 04:07:02,560 that 6920 04:07:04,560 --> 04:07:10,359 but we'll just have to get like the doco 6921 04:07:07,199 --> 04:07:12,120 or something but let's see so now down 6922 04:07:10,359 --> 04:07:14,439 here we can see if the usernames are 6923 04:07:12,120 --> 04:07:15,800 taken on different accounts so Shopify 6924 04:07:14,439 --> 04:07:17,159 is available it doesn't really matter 6925 04:07:15,800 --> 04:07:20,120 honestly none of these really matter 6926 04:07:17,159 --> 04:07:22,720 like I've thrown brand and shop and 6927 04:07:20,120 --> 04:07:24,800 stuff at the end of my brand names all 6928 04:07:22,720 --> 04:07:26,680 the time we we checked and saw that our 6929 04:07:24,800 --> 04:07:27,800 domain is not really available but I'm 6930 04:07:26,680 --> 04:07:29,920 confident we'll be able to find an 6931 04:07:27,800 --> 04:07:34,119 alternative like a doco putting shop 6932 04:07:29,920 --> 04:07:35,760 before it it's all fine checked checked 6933 04:07:34,119 --> 04:07:38,199 this one is important make sure that 6934 04:07:35,760 --> 04:07:40,399 there isn't a trademark for the name 6935 04:07:38,199 --> 04:07:42,840 there's a very very low probability that 6936 04:07:40,399 --> 04:07:44,000 anything would ever come of this but you 6937 04:07:42,840 --> 04:07:46,640 do want to make sure that you're not 6938 04:07:44,000 --> 04:07:48,720 violating anything seasonal collection 6939 04:07:46,640 --> 04:07:51,640 that's pretty close but the way the 6940 04:07:48,720 --> 04:07:53,319 trademarks work this is not legal advice 6941 04:07:51,640 --> 04:07:55,720 but in order for a trademark to be 6942 04:07:53,319 --> 04:07:59,040 enforcable you have to be or it would 6943 04:07:55,720 --> 04:08:01,439 have to be under the same class as us 6944 04:07:59,040 --> 04:08:03,600 which this is a cosmetic and cleaning 6945 04:08:01,439 --> 04:08:07,800 product class so that is not us 6946 04:08:03,600 --> 04:08:10,319 thankfully and I believe class 25 is the 6947 04:08:07,800 --> 04:08:12,199 class for apparel seasonal Festival 6948 04:08:10,319 --> 04:08:14,319 collection that's too different yeah I 6949 04:08:12,199 --> 04:08:16,479 wasn't really too worried because from 6950 04:08:14,319 --> 04:08:18,680 my experience of not being able to 6951 04:08:16,479 --> 04:08:21,080 register Namaste collections I didn't 6952 04:08:18,680 --> 04:08:22,479 think seasonal will be unique enough and 6953 04:08:21,080 --> 04:08:24,600 not for nothing registering the 6954 04:08:22,479 --> 04:08:26,279 trademark ended up getting us nothing it 6955 04:08:24,600 --> 04:08:27,880 was just a headache at least for our 6956 04:08:26,279 --> 04:08:29,960 brand and like we grew up to 3 and a 6957 04:08:27,880 --> 04:08:32,279 half million never needed it once never 6958 04:08:29,960 --> 04:08:33,720 really came up not saying it's not a 6959 04:08:32,279 --> 04:08:36,319 good idea at some point but definitely 6960 04:08:33,720 --> 04:08:37,800 don't prioritize it cool so we did that 6961 04:08:36,319 --> 04:08:39,760 all right so that's how we come up with 6962 04:08:37,800 --> 04:08:44,119 our brand name and now we're going to 6963 04:08:39,760 --> 04:08:44,119 move on to buying our domain 6964 04:08:44,840 --> 04:08:55,040 [Music] 6965 04:08:53,159 --> 04:08:57,199 so the place that I buy my domains from 6966 04:08:55,040 --> 04:08:58,800 is GoDaddy there's a bunch of different 6967 04:08:57,199 --> 04:09:00,880 sites but GoDaddy is the one that I've 6968 04:08:58,800 --> 04:09:02,920 been using for seven plus years and it's 6969 04:09:00,880 --> 04:09:04,920 always worked out fine for me and your 6970 04:09:02,920 --> 04:09:06,479 domain for anybody who doesn't know is 6971 04:09:04,920 --> 04:09:08,080 just what's going to show up in the URL 6972 04:09:06,479 --> 04:09:09,640 search bar when customers want to 6973 04:09:08,080 --> 04:09:12,080 navigate to your website they're going 6974 04:09:09,640 --> 04:09:14,640 to type in this address it also gives us 6975 04:09:12,080 --> 04:09:17,000 the ability to set up fancy emails that 6976 04:09:14,640 --> 04:09:19,880 have like support at your brand name 6977 04:09:17,000 --> 04:09:21,680 here not required but it looks nice and 6978 04:09:19,880 --> 04:09:23,520 it's definitely something you want to do 6979 04:09:21,680 --> 04:09:25,359 once you start having some sales coming 6980 04:09:23,520 --> 04:09:30,159 in so just for an example we're going to 6981 04:09:25,359 --> 04:09:30,159 go to GoDaddy and search for our 6982 04:09:33,199 --> 04:09:39,319 domain so I search for our brand name 6983 04:09:36,560 --> 04:09:42,000 seasonal Collections and here's the 6984 04:09:39,319 --> 04:09:43,520 fancy one that's available for a cheap 6985 04:09:42,000 --> 04:09:46,119 $3,000 6986 04:09:43,520 --> 04:09:47,680 no thank you but there's seasonal Dash 6987 04:09:46,119 --> 04:09:48,880 collections I don't really like the 6988 04:09:47,680 --> 04:09:50,680 hyphen I don't think it makes a 6989 04:09:48,880 --> 04:09:53,159 difference I know I said do Co and stuff 6990 04:09:50,680 --> 04:09:56,199 is fine I would go with the do shop 6991 04:09:53,159 --> 04:09:58,439 before anything else seasonal collection 6992 04:09:56,199 --> 04:09:59,960 that's not bad the seasonal collections 6993 04:09:58,439 --> 04:10:01,119 kind of like that and I didn't mention 6994 04:09:59,960 --> 04:10:03,040 this when we were going over the the 6995 04:10:01,119 --> 04:10:06,239 name stuff but throwing on words like 6996 04:10:03,040 --> 04:10:08,479 collection threads Wares Peril stuff 6997 04:10:06,239 --> 04:10:10,560 like that is completely fine any word 6998 04:10:08,479 --> 04:10:12,720 any of those generic apparel related 6999 04:10:10,560 --> 04:10:14,000 words after it works completely fine so 7000 04:10:12,720 --> 04:10:15,560 if you're finding that none of the 7001 04:10:14,000 --> 04:10:17,119 domains you were looking for are 7002 04:10:15,560 --> 04:10:19,279 available just try throwing one of those 7003 04:10:17,119 --> 04:10:21,479 words on at the end like I could do 7004 04:10:19,279 --> 04:10:23,439 seasonal collections brand but my name 7005 04:10:21,479 --> 04:10:25,720 is already kind of long like yoga stay 7006 04:10:23,439 --> 04:10:27,359 if that wasn't available like yoga.com 7007 04:10:25,720 --> 04:10:29,159 was not available somebody else had it 7008 04:10:27,359 --> 04:10:30,960 so we just went with the doco but if the 7009 04:10:29,159 --> 04:10:34,159 doco wasn't available I probably just on 7010 04:10:30,960 --> 04:10:35,800 like yogate brand.co or.com it really 7011 04:10:34,159 --> 04:10:38,479 doesn't matter so I kind of like this 7012 04:10:35,800 --> 04:10:40,159 one seasonal collections.com so 7013 04:10:38,479 --> 04:10:44,159 following along with our checklist we're 7014 04:10:40,159 --> 04:10:44,159 going to click add to cart 7015 04:10:44,239 --> 04:10:47,640 yep continue and now we're going to 7016 04:10:46,000 --> 04:10:49,880 watch out for something sneaky that 7017 04:10:47,640 --> 04:10:51,840 GoDaddy likes to do and we're going to 7018 04:10:49,880 --> 04:10:54,760 decrease the registration length from 5 7019 04:10:51,840 --> 04:10:56,520 years to one so domain protection you 7020 04:10:54,760 --> 04:11:00,640 don't really need this all this is going 7021 04:10:56,520 --> 04:11:00,640 to do is people can go 7022 04:11:02,279 --> 04:11:09,119 to they can go look up your domain and 7023 04:11:06,119 --> 04:11:09,119 see who owns 7024 04:11:09,479 --> 04:11:16,199 it like I typed in yoga. Co and and 7025 04:11:13,439 --> 04:11:18,640 since it was bought a while ago with 7026 04:11:16,199 --> 04:11:21,600 domain privacy protection C registrant 7027 04:11:18,640 --> 04:11:23,359 redacted for privacy all of those places 7028 04:11:21,600 --> 04:11:25,359 it would have shown like my information 7029 04:11:23,359 --> 04:11:27,439 so you don't need the ultimate domain 7030 04:11:25,359 --> 04:11:30,080 full domain is 7031 04:11:27,439 --> 04:11:32,080 fine these sites love their upsells man 7032 04:11:30,080 --> 04:11:34,880 they're making me take a domate that's 7033 04:11:32,080 --> 04:11:36,319 fine no I don't need email continue to 7034 04:11:34,880 --> 04:11:39,720 cart now this is where we're going to 7035 04:11:36,319 --> 04:11:42,439 watch out yeah see 7036 04:11:39,720 --> 04:11:45,000 that see how it's started off at 3 years 7037 04:11:42,439 --> 04:11:47,640 they used to default to 5 years and I 7038 04:11:45,000 --> 04:11:51,119 bet they got a lot of push back for 7039 04:11:47,640 --> 04:11:52,760 that so just some sneaky stuff like that 7040 04:11:51,119 --> 04:11:55,080 that you got to watch out for so full 7041 04:11:52,760 --> 04:11:57,800 domain protection so this is going to be 7042 04:11:55,080 --> 04:12:00,600 $129.99 so it's going to be 22 bucks per 7043 04:11:57,800 --> 04:12:02,680 year which is fine and yep you just go 7044 04:12:00,600 --> 04:12:05,439 I'm ready to pay you check out and then 7045 04:12:02,680 --> 04:12:06,880 it'll get added to your GoDaddy account 7046 04:12:05,439 --> 04:12:09,479 and then we'll be able to like connect 7047 04:12:06,880 --> 04:12:11,359 it to Shopify store email all that kind 7048 04:12:09,479 --> 04:12:14,680 of good stuff we'll get to that later 7049 04:12:11,359 --> 04:12:17,460 but for now enjoy your new domain and up 7050 04:12:14,680 --> 04:12:27,560 next we're going to be designing our 7051 04:12:17,460 --> 04:12:30,239 [Music] 7052 04:12:27,560 --> 04:12:32,279 logo now we're going to be creating our 7053 04:12:30,239 --> 04:12:34,119 logo using canva there's a lot of 7054 04:12:32,279 --> 04:12:36,680 different logo generators and stuff out 7055 04:12:34,119 --> 04:12:38,119 there but I like using canva cuz we use 7056 04:12:36,680 --> 04:12:39,399 it for a lot of other stuff in our 7057 04:12:38,119 --> 04:12:41,159 business like you're going to see in a 7058 04:12:39,399 --> 04:12:42,880 little bit it's very easy to use it's 7059 04:12:41,159 --> 04:12:44,680 basically Photoshop for dummies and they 7060 04:12:42,880 --> 04:12:46,319 have bunch of templates that are 7061 04:12:44,680 --> 04:12:48,800 extremely easy for us to get started 7062 04:12:46,319 --> 04:12:50,960 name of the game again is to focus on 7063 04:12:48,800 --> 04:12:53,319 the most important stuff and speed 7064 04:12:50,960 --> 04:12:55,119 through stuff like our name buying the 7065 04:12:53,319 --> 04:12:57,199 domain making the logo that's all stuff 7066 04:12:55,119 --> 04:12:58,800 that's very easy to change later on like 7067 04:12:57,199 --> 04:13:00,319 I'd be willing to bet whatever logo I 7068 04:12:58,800 --> 04:13:02,479 make today Meg is going to end up 7069 04:13:00,319 --> 04:13:04,720 changing because she's way better at 7070 04:13:02,479 --> 04:13:05,800 logo design than I am but that's okay 7071 04:13:04,720 --> 04:13:08,000 cuz we're still going to see how to do 7072 04:13:05,800 --> 04:13:10,840 it so to get started we're going to go 7073 04:13:08,000 --> 04:13:12,600 to canva and if you never used it before 7074 04:13:10,840 --> 04:13:14,040 like I said it's extremely easy there's 7075 04:13:12,600 --> 04:13:16,600 a great picture picture of me and we're 7076 04:13:14,040 --> 04:13:19,000 going to go up here to create a design 7077 04:13:16,600 --> 04:13:21,080 and then down to logo and then over here 7078 04:13:19,000 --> 04:13:22,640 on the Le hand side they have a ton of 7079 04:13:21,080 --> 04:13:26,159 different templates for us to choose 7080 04:13:22,640 --> 04:13:29,800 from this is very much subject to change 7081 04:13:26,159 --> 04:13:29,800 so we should just pick something 7082 04:13:31,760 --> 04:13:37,760 quickly if I type in like sun like 7083 04:13:35,119 --> 04:13:37,760 something about the 7084 04:13:38,439 --> 04:13:44,640 seasons oh I like that yep that's the 7085 04:13:42,199 --> 04:13:46,199 one kind of like rotating it more so 7086 04:13:44,640 --> 04:13:48,880 we're going to make two versions of our 7087 04:13:46,199 --> 04:13:50,920 logo we're going to make the little icon 7088 04:13:48,880 --> 04:13:52,880 which we're going to use as the favicon 7089 04:13:50,920 --> 04:13:56,040 that goes up here it's also going to be 7090 04:13:52,880 --> 04:13:59,199 a good profile picture for us and then 7091 04:13:56,040 --> 04:14:01,960 we're going to make the side by side so 7092 04:13:59,199 --> 04:14:05,800 the icon like the sun and Snowflake and 7093 04:14:01,960 --> 04:14:05,800 AR case with the text next to 7094 04:14:07,439 --> 04:14:14,199 it 7095 04:14:10,199 --> 04:14:14,199 seasonal collections 7096 04:14:14,319 --> 04:14:20,319 just delete that I don't like that red 7097 04:14:17,560 --> 04:14:21,880 at all or the blue really just going to 7098 04:14:20,319 --> 04:14:25,920 tweak this a little bit that's a little 7099 04:14:21,880 --> 04:14:25,920 bit more fun or for bonus 7100 04:14:27,680 --> 04:14:35,880 points two 7101 04:14:30,239 --> 04:14:42,680 complimentary colors hex codes for 7102 04:14:35,880 --> 04:14:42,680 a brand logo of a sun and 7103 04:14:47,640 --> 04:14:54,040 cool all right totally forget which hex 7104 04:14:50,560 --> 04:14:56,760 code I copied that's fine let's find 7105 04:14:54,040 --> 04:15:00,520 out cool that looks 7106 04:14:56,760 --> 04:15:00,520 good now sky 7107 04:15:07,319 --> 04:15:14,960 blue ah that looks 7108 04:15:10,640 --> 04:15:17,880 nice hell yeah 7109 04:15:14,960 --> 04:15:17,880 pick a 7110 04:15:20,319 --> 04:15:24,239 font has a near Tech that's the one 7111 04:15:22,479 --> 04:15:26,239 thing about AI it always has to do it 7112 04:15:24,239 --> 04:15:27,960 like it's writing a five paragraph essay 7113 04:15:26,239 --> 04:15:29,880 or like it's got a character limited as 7114 04:15:27,960 --> 04:15:31,520 to hit it writes it like a blog post 7115 04:15:29,880 --> 04:15:33,359 where it like tells you about the blog 7116 04:15:31,520 --> 04:15:34,760 you're about the read I can't really 7117 04:15:33,359 --> 04:15:37,479 talk people probably feel like that 7118 04:15:34,760 --> 04:15:37,479 listening to this 7119 04:15:40,080 --> 04:15:44,080 course air 7120 04:15:47,520 --> 04:15:53,840 next bold 7121 04:15:51,520 --> 04:15:55,040 black I don't know about that so I'm 7122 04:15:53,840 --> 04:15:59,520 going 7123 04:15:55,040 --> 04:15:59,520 to try something a little 7124 04:16:10,199 --> 04:16:16,159 different 90% of running a business now 7125 04:16:12,920 --> 04:16:19,399 nowadays is just how you use chat GPT I 7126 04:16:16,159 --> 04:16:19,399 have no original thoughts 7127 04:16:21,279 --> 04:16:26,080 anymore yeah that's a lot better thanks 7128 04:16:23,520 --> 04:16:28,080 chat GPT I'm just going to start taking 7129 04:16:26,080 --> 04:16:30,359 credit for everything chat GPT does 7130 04:16:28,080 --> 04:16:32,840 still going to keep the Black Version 7131 04:16:30,359 --> 04:16:38,479 but I'm going to duplicate that 7132 04:16:32,840 --> 04:16:38,479 out and now going to shrink it 7133 04:16:51,960 --> 04:16:54,680 oh I like that 7134 04:16:58,279 --> 04:17:07,880 more whatever Meg's going to change this 7135 04:17:02,399 --> 04:17:07,880 anyway I'm very confident with that now 7136 04:17:32,439 --> 04:17:38,040 cool that's pretty 7137 04:17:35,600 --> 04:17:42,159 good not really take my own advice of 7138 04:17:38,040 --> 04:17:42,159 speeding through this but 7139 04:17:43,520 --> 04:17:47,840 we give the advice we need to hear the 7140 04:17:45,319 --> 04:17:47,840 most 7141 04:17:47,920 --> 04:17:56,840 right cool and then here is going to 7142 04:17:52,680 --> 04:17:59,840 be that I'll duplicate this make one 7143 04:17:56,840 --> 04:17:59,840 that's all 7144 04:18:05,040 --> 04:18:09,840 black there we go I think this is 7145 04:18:07,720 --> 04:18:13,080 looking 7146 04:18:09,840 --> 04:18:14,840 good delete that one 7147 04:18:13,080 --> 04:18:17,000 print with canva everybody wants to be a 7148 04:18:14,840 --> 04:18:22,359 print on man 7149 04:18:17,000 --> 04:18:24,359 company 500 make it 10 y transparent 7150 04:18:22,359 --> 04:18:26,319 background so I made a couple different 7151 04:18:24,359 --> 04:18:27,760 versions I made the favicon version 7152 04:18:26,319 --> 04:18:31,880 that's also going to be good for our 7153 04:18:27,760 --> 04:18:34,399 profile pictures made a Black Version uh 7154 04:18:31,880 --> 04:18:38,399 one other version I can make is the 7155 04:18:34,399 --> 04:18:38,399 white inverse 7156 04:18:39,000 --> 04:18:42,920 version and this is stuff that you can 7157 04:18:41,199 --> 04:18:44,359 easily come back and make later on it's 7158 04:18:42,920 --> 04:18:46,760 just kind of good to get it out of the 7159 04:18:44,359 --> 04:18:46,760 way up 7160 04:18:46,840 --> 04:18:50,199 front there you 7161 04:18:51,040 --> 04:18:56,680 go say SC black icon so now when it 7162 04:18:55,000 --> 04:18:58,840 exports it's going to 7163 04:18:56,680 --> 04:19:01,840 be 7164 04:18:58,840 --> 04:19:01,840 named 7165 04:19:10,439 --> 04:19:14,680 see go icon 7166 04:19:15,080 --> 04:19:18,880 SC white logo 7167 04:19:21,560 --> 04:19:29,199 icon and then SC top plus bottom 7168 04:19:32,960 --> 04:19:37,880 logo yeah that's just the normal one 7169 04:19:44,399 --> 04:19:53,399 cool share download transparent 7170 04:19:48,000 --> 04:19:56,800 background make it th000 and PNG all 7171 04:19:53,399 --> 04:19:59,439 pages download and there we have it now 7172 04:19:56,800 --> 04:20:02,479 we have all of our logos ready to go 7173 04:19:59,439 --> 04:20:04,319 they're on transparent backgrounds see 7174 04:20:02,479 --> 04:20:07,000 that and then if we ever need to like 7175 04:20:04,319 --> 04:20:11,080 make changes like say we need to 7176 04:20:07,000 --> 04:20:14,520 crop what's around this logo it's now 7177 04:20:11,080 --> 04:20:17,600 very easy since it's on our desktop just 7178 04:20:14,520 --> 04:20:20,080 if you're on a Mac for example just put 7179 04:20:17,600 --> 04:20:23,359 a box around it and you do command K and 7180 04:20:20,080 --> 04:20:26,600 now it's cropped everything 7181 04:20:23,359 --> 04:20:28,680 around see and now it's just horizontal 7182 04:20:26,600 --> 04:20:31,880 and then command s saves it so we have 7183 04:20:28,680 --> 04:20:33,760 our fabicon actually for our fabicon 7184 04:20:31,880 --> 04:20:35,640 favicon I know somebody's going to give 7185 04:20:33,760 --> 04:20:37,600 me crap for I've been saying that you 7186 04:20:35,640 --> 04:20:43,399 can just decrease the size of these like 7187 04:20:37,600 --> 04:20:43,399 down to 64 by 64 pixels 7188 04:20:52,239 --> 04:20:58,399 there and we just want to do I'll just 7189 04:20:54,840 --> 04:20:58,399 do this one as an 7190 04:20:58,760 --> 04:21:04,800 example there you go copy and resize 7191 04:21:01,439 --> 04:21:08,000 open there's our cute little 7192 04:21:04,800 --> 04:21:10,760 favicon share download transparent 7193 04:21:08,000 --> 04:21:12,640 download here we go and do yourself a 7194 04:21:10,760 --> 04:21:14,720 favor take it from me you want to keep 7195 04:21:12,640 --> 04:21:16,680 all this stuff as organized as humanly 7196 04:21:14,720 --> 04:21:18,439 possible it's why I talked about like 7197 04:21:16,680 --> 04:21:20,119 keep your desktop and everything nice 7198 04:21:18,439 --> 04:21:21,720 and organized I don't even do a screen 7199 04:21:20,119 --> 04:21:23,760 sa or anymore I just want it to be 7200 04:21:21,720 --> 04:21:26,000 crystal clear to focus on the one thing 7201 04:21:23,760 --> 04:21:27,840 I'm doing right now this is all I'm 7202 04:21:26,000 --> 04:21:30,040 doing so keep things nice and organized 7203 04:21:27,840 --> 04:21:33,239 have your folders don't let your desktop 7204 04:21:30,040 --> 04:21:35,680 get cluttered up and have all your files 7205 04:21:33,239 --> 04:21:38,880 like this that you're just going to make 7206 04:21:35,680 --> 04:21:41,040 your life 10 times more challenging so 7207 04:21:38,880 --> 04:21:45,239 keep it organized as we go and you'll 7208 04:21:41,040 --> 04:21:48,000 thank me later so back to our checklist 7209 04:21:45,239 --> 04:21:50,000 we chose the template edited it made our 7210 04:21:48,000 --> 04:21:52,040 icons we even made our Fab acons for 7211 04:21:50,000 --> 04:21:54,199 bonus points and we saved it to the 7212 04:21:52,040 --> 04:21:56,359 folder all right so now we have our 7213 04:21:54,199 --> 04:21:58,920 brand name we bought our domain and we 7214 04:21:56,359 --> 04:22:01,040 made our logo in canva again I took a 7215 04:21:58,920 --> 04:22:02,560 lot longer than you need to just to talk 7216 04:22:01,040 --> 04:22:04,319 through and hopefully provide some 7217 04:22:02,560 --> 04:22:06,319 useful insight as we go through the 7218 04:22:04,319 --> 04:22:08,840 process but you can speed through this 7219 04:22:06,319 --> 04:22:10,880 like 15 minutes tops for all of these 7220 04:22:08,840 --> 04:22:12,760 and then next we're going to set up our 7221 04:22:10,880 --> 04:22:23,880 branded Gmail accounts 7222 04:22:12,760 --> 04:22:26,040 [Music] 7223 04:22:23,880 --> 04:22:28,319 now we're going to set up our branded 7224 04:22:26,040 --> 04:22:29,880 Gmail account so there's two different 7225 04:22:28,319 --> 04:22:32,000 options for this and the reason we're 7226 04:22:29,880 --> 04:22:33,880 setting this up is for us to have a 7227 04:22:32,000 --> 04:22:35,800 place number one to organize all of our 7228 04:22:33,880 --> 04:22:38,760 accounts so when we're opening our 7229 04:22:35,800 --> 04:22:41,040 Shopify account and printify and all the 7230 04:22:38,760 --> 04:22:43,040 different apps clavio Mystic or mid 7231 04:22:41,040 --> 04:22:44,760 Journey accounts all those accounts 7232 04:22:43,040 --> 04:22:47,080 we're going to use under this one 7233 04:22:44,760 --> 04:22:48,880 branded domain because it makes life a 7234 04:22:47,080 --> 04:22:51,720 lot easier having it all organized 7235 04:22:48,880 --> 04:22:53,840 number one and number two it will give 7236 04:22:51,720 --> 04:22:55,720 our customers a place to reach out to 7237 04:22:53,840 --> 04:22:57,520 and there's two different options for 7238 04:22:55,720 --> 04:23:00,399 how you can do this is number one you 7239 04:22:57,520 --> 04:23:03,880 can make an email like 7240 04:23:00,399 --> 04:23:08,479 this which would be seasonal collections 7241 04:23:03,880 --> 04:23:13,040 gmail.com which is fine or we can make a 7242 04:23:08,479 --> 04:23:15,560 support at seasonal but that's not 7243 04:23:13,040 --> 04:23:18,319 I have the doco so we can do support at 7244 04:23:15,560 --> 04:23:20,239 seasonal collections. one of the other 7245 04:23:18,319 --> 04:23:22,800 pros and cons of each is seasonal 7246 04:23:20,239 --> 04:23:24,119 collections at gmail is completely free 7247 04:23:22,800 --> 04:23:26,920 that's the one we're going to be doing 7248 04:23:24,119 --> 04:23:29,040 right now and this I think they cost 7249 04:23:26,920 --> 04:23:30,760 like 10 bucks now to set up your Google 7250 04:23:29,040 --> 04:23:33,000 admin which this obviously looks a lot 7251 04:23:30,760 --> 04:23:34,720 more legit if you're Bing on a budget 7252 04:23:33,000 --> 04:23:36,159 then go with the Gmail route that's fine 7253 04:23:34,720 --> 04:23:38,560 to get started but I definitely 7254 04:23:36,159 --> 04:23:39,640 recommend setting up your Google admin 7255 04:23:38,560 --> 04:23:42,199 when you get the chance so we're going 7256 04:23:39,640 --> 04:23:44,560 to set up both of these so let's do it 7257 04:23:42,199 --> 04:23:48,119 and as a bonus this shouldn't even be a 7258 04:23:44,560 --> 04:23:50,000 bonus I would say it's required create a 7259 04:23:48,119 --> 04:23:51,920 new Chrome profile to keep things nice 7260 04:23:50,000 --> 04:23:54,399 and clean chrome profiles this thing up 7261 04:23:51,920 --> 04:23:57,080 here so that all of your bookmarks and 7262 04:23:54,399 --> 04:23:58,880 stuff those will change like all of your 7263 04:23:57,080 --> 04:24:00,880 personal bookmarks and stuff if you use 7264 04:23:58,880 --> 04:24:03,239 those like I do they all go away and you 7265 04:24:00,880 --> 04:24:05,159 can focus solely on your business 7266 04:24:03,239 --> 04:24:06,199 related bookmarks so that up at the top 7267 04:24:05,159 --> 04:24:07,239 you'll see it's going to be nice and 7268 04:24:06,199 --> 04:24:10,000 neat we're going to have Shopify 7269 04:24:07,239 --> 04:24:13,760 printify nice clean focused neat 7270 04:24:10,000 --> 04:24:17,399 minimalist modern sleek other adjectives 7271 04:24:13,760 --> 04:24:19,359 okay so now let's go to Gmail and hit 7272 04:24:17,399 --> 04:24:21,000 create an account for my work or 7273 04:24:19,359 --> 04:24:23,520 business is this going to take me right 7274 04:24:21,000 --> 04:24:25,920 yeah okay so yeah perfect theyve 7275 04:24:23,520 --> 04:24:27,080 optimized us even more so here's what I 7276 04:24:25,920 --> 04:24:29,439 was just telling you about you can make 7277 04:24:27,080 --> 04:24:31,800 a Gmail address or we can do the 7278 04:24:29,439 --> 04:24:34,040 workspace so at your company name you 7279 04:24:31,800 --> 04:24:36,000 also get extra storage which you won't 7280 04:24:34,040 --> 04:24:38,399 really need that but it's extra sales 7281 04:24:36,000 --> 04:24:40,560 bullet point but we're going to do both 7282 04:24:38,399 --> 04:24:42,840 so I'm going to do the free one first 7283 04:24:40,560 --> 04:24:45,199 and I'm going to say my name is seasonal 7284 04:24:42,840 --> 04:24:49,920 you don't want to put your actual name 7285 04:24:45,199 --> 04:24:49,920 because it shows up 7286 04:24:50,159 --> 04:24:56,239 places February 7287 04:24:53,239 --> 04:24:56,239 28th 7288 04:24:59,040 --> 04:25:03,479 19 rather not 7289 04:25:01,199 --> 04:25:07,040 say 7290 04:25:03,479 --> 04:25:09,159 mail seasonal collection oh it's already 7291 04:25:07,040 --> 04:25:11,159 taken so I'm going to do seasonal 7292 04:25:09,159 --> 04:25:13,000 collection this is where we get fancy 7293 04:25:11,159 --> 04:25:14,560 brand 7294 04:25:13,000 --> 04:25:17,560 at 7295 04:25:14,560 --> 04:25:17,560 gmail.com 7296 04:25:27,439 --> 04:25:34,920 password recovery email address I'm 7297 04:25:31,720 --> 04:25:34,920 do my 7298 04:25:35,560 --> 04:25:42,520 own skip seasonal collections brand at 7299 04:25:39,880 --> 04:25:45,680 gmail go through privacy and terms I 7300 04:25:42,520 --> 04:25:47,399 agree confirm yes you can take all my 7301 04:25:45,680 --> 04:25:49,640 data your Google account is ready now 7302 04:25:47,399 --> 04:25:51,800 set up your business I'm going to say 7303 04:25:49,640 --> 04:25:55,000 not 7304 04:25:51,800 --> 04:25:56,800 now okay so now here we go so we have 7305 04:25:55,000 --> 04:26:00,880 seasonal collections you know what's 7306 04:25:56,800 --> 04:26:06,640 fancy is because we already made 7307 04:26:00,880 --> 04:26:06,640 our logo we can upload that right 7308 04:26:10,080 --> 04:26:15,239 away look at that we're already looking 7309 04:26:12,680 --> 04:26:17,720 legit so now I'm going to go back and 7310 04:26:15,239 --> 04:26:20,680 going to create a new Chrome profile 7311 04:26:17,720 --> 04:26:20,680 you'll see what I meant 7312 04:26:33,840 --> 04:26:40,760 by okay now we can set 7313 04:26:36,760 --> 04:26:40,760 our profile 7314 04:26:46,840 --> 04:26:52,560 so now we have our profile I'm going to 7315 04:26:49,239 --> 04:26:52,560 do show 7316 04:26:53,520 --> 04:26:59,720 bookmarks go to 7317 04:26:55,960 --> 04:27:02,399 Gmail this will be our first 7318 04:26:59,720 --> 04:27:05,760 bookmark so now we have our seasonal 7319 04:27:02,399 --> 04:27:08,159 collections brand uh Gmail account so 7320 04:27:05,760 --> 04:27:10,199 that's the free way to do it if you want 7321 04:27:08,159 --> 04:27:12,720 can also see 7322 04:27:10,199 --> 04:27:15,720 the the other way 7323 04:27:12,720 --> 04:27:16,840 work of my business try Google workspace 7324 04:27:15,720 --> 04:27:19,159 and this is the one that I'm actually 7325 04:27:16,840 --> 04:27:19,159 going to 7326 04:27:21,119 --> 04:27:27,199 use two to n so this is the way that is 7327 04:27:23,920 --> 04:27:30,119 going to end up with us having the at 7328 04:27:27,199 --> 04:27:33,159 seasonal collections domain email okay 7329 04:27:30,119 --> 04:27:34,920 so first name doing the same thing again 7330 04:27:33,159 --> 04:27:37,199 so I don't want it to show up the place 7331 04:27:34,920 --> 04:27:40,399 that it shows up is when you 7332 04:27:37,199 --> 04:27:42,680 receive or send emails you know like 7333 04:27:40,399 --> 04:27:45,479 this little name here it's very sneaky 7334 04:27:42,680 --> 04:27:48,560 but it will display your your full name 7335 04:27:45,479 --> 04:27:51,560 they don't really tell you that up 7336 04:27:48,560 --> 04:27:51,560 front 7337 04:27:53,359 --> 04:27:57,399 address your business have a domain yes 7338 04:27:55,800 --> 04:28:01,319 I have one I can 7339 04:27:57,399 --> 04:28:01,319 use seasonal 7340 04:28:01,600 --> 04:28:05,600 collections. yeah then once you log in 7341 04:28:04,119 --> 04:28:08,119 you can probably going to end up on the 7342 04:28:05,600 --> 04:28:10,439 homepage here but if you go down to 7343 04:28:08,119 --> 04:28:12,399 billing and get more services you should 7344 04:28:10,439 --> 04:28:14,920 see the different plans here this is 7345 04:28:12,399 --> 04:28:16,319 kind of like GoDaddy tries to slip it in 7346 04:28:14,920 --> 04:28:17,760 on you and make you think that you need 7347 04:28:16,319 --> 04:28:20,119 something that you actually don't you 7348 04:28:17,760 --> 04:28:22,159 can go with I think the lowest plan 7349 04:28:20,119 --> 04:28:24,800 possible is fine professional email 7350 04:28:22,159 --> 04:28:26,439 Court yeah I think that's fine going to 7351 04:28:24,800 --> 04:28:29,479 do this one just in I think that's the 7352 04:28:26,439 --> 04:28:29,479 one that we're on for our other 7353 04:28:30,760 --> 04:28:36,080 brands next trial 7354 04:28:33,479 --> 04:28:39,239 plan zero days free trial let's see how 7355 04:28:36,080 --> 04:28:43,560 that goes all right what a free 7356 04:28:39,239 --> 04:28:47,040 trial check out and I'm just doing one 7357 04:28:43,560 --> 04:28:48,920 user so we entered our information and 7358 04:28:47,040 --> 04:28:52,840 now we're all set up let's go take a 7359 04:28:48,920 --> 04:28:55,560 look at our account users manage users 7360 04:28:52,840 --> 04:28:58,000 support at seasonal collections perfect 7361 04:28:55,560 --> 04:28:59,920 okay so now we have we set it up two 7362 04:28:58,000 --> 04:29:02,319 ways so you can take your pick this way 7363 04:28:59,920 --> 04:29:05,199 is either $6 or $12 a month depending on 7364 04:29:02,319 --> 04:29:07,199 which one you choose and it just looks a 7365 04:29:05,199 --> 04:29:09,640 little bit better to the customer but B 7366 04:29:07,199 --> 04:29:11,640 on the budget again Gmail way works 7367 04:29:09,640 --> 04:29:13,800 completely fine as well benefits of this 7368 04:29:11,640 --> 04:29:15,680 one is that you also get storage and 7369 04:29:13,800 --> 04:29:18,399 stuff like that but totally not 7370 04:29:15,680 --> 04:29:20,359 necessary so now you have your Gmail 7371 04:29:18,399 --> 04:29:22,040 account or your Google admin set up you 7372 04:29:20,359 --> 04:29:23,439 have your separate profile where we're 7373 04:29:22,040 --> 04:29:25,000 going to be storing all our bookmarks 7374 04:29:23,439 --> 04:29:26,600 keeping everything nice and organized 7375 04:29:25,000 --> 04:29:28,159 and that's it for this lesson next up 7376 04:29:26,600 --> 04:29:30,479 we're going to be talking about our 7377 04:29:28,159 --> 04:29:32,159 product research and diving in to make 7378 04:29:30,479 --> 04:29:34,439 sure that before we start generating 7379 04:29:32,159 --> 04:29:36,199 designs we are learning from the market 7380 04:29:34,439 --> 04:29:38,279 seeing what's out there and getting a 7381 04:29:36,199 --> 04:29:40,359 really good idea of what our product 7382 04:29:38,279 --> 04:29:42,040 catalog can look like before we even sit 7383 04:29:40,359 --> 04:29:43,399 down to make our very first design thank 7384 04:29:42,040 --> 04:29:44,410 thanks for watching and I'll see you in 7385 04:29:43,399 --> 04:29:52,899 the next 7386 04:29:44,410 --> 04:29:52,899 [Music] 7387 04:29:55,479 --> 04:30:00,239 lesson all right welcome to module 4 7388 04:29:58,199 --> 04:30:02,880 this is our product and fulfillment 7389 04:30:00,239 --> 04:30:04,840 overview and this is probably the most 7390 04:30:02,880 --> 04:30:06,760 important section of the entire course 7391 04:30:04,840 --> 04:30:08,840 because if we don't have really good 7392 04:30:06,760 --> 04:30:11,640 products then it doesn't matter how good 7393 04:30:08,840 --> 04:30:13,479 our Shopify store is our ads our email 7394 04:30:11,640 --> 04:30:16,279 Market customer service none of that 7395 04:30:13,479 --> 04:30:18,439 stuff matters if the product is not 7396 04:30:16,279 --> 04:30:20,520 amazing so we really are going to dive 7397 04:30:18,439 --> 04:30:22,080 deep here and talk about a lot of 7398 04:30:20,520 --> 04:30:23,279 different things but most specifically 7399 04:30:22,080 --> 04:30:24,920 within this module what we're going to 7400 04:30:23,279 --> 04:30:26,720 be covering is number one our product 7401 04:30:24,920 --> 04:30:28,880 research so we're going to make sure 7402 04:30:26,720 --> 04:30:30,319 that we are looking for what are the 7403 04:30:28,880 --> 04:30:32,880 best practices like what types of 7404 04:30:30,319 --> 04:30:33,960 designs should we be going for and even 7405 04:30:32,880 --> 04:30:35,040 before that we're going to talk about 7406 04:30:33,960 --> 04:30:36,720 like what are the different products 7407 04:30:35,040 --> 04:30:38,040 that we could be selling like within 7408 04:30:36,720 --> 04:30:39,319 print on demand we're going to end up 7409 04:30:38,040 --> 04:30:40,920 going with apparel but we're going to 7410 04:30:39,319 --> 04:30:42,880 get an understanding of like what can 7411 04:30:40,920 --> 04:30:44,479 our catalog expand into what are the 7412 04:30:42,880 --> 04:30:46,760 pros and cons like why are we not 7413 04:30:44,479 --> 04:30:48,640 starting with canvases or mugs for 7414 04:30:46,760 --> 04:30:50,319 example or phone cases so we're going to 7415 04:30:48,640 --> 04:30:52,199 clear all that up why we're starting 7416 04:30:50,319 --> 04:30:54,520 with t-shirts and how we can expand and 7417 04:30:52,199 --> 04:30:55,880 then once we have done our research we 7418 04:30:54,520 --> 04:30:57,840 already know why we're doing t-shirts 7419 04:30:55,880 --> 04:31:00,439 and stuff then we're going to set to 7420 04:30:57,840 --> 04:31:02,000 work creating a 100 different designs 7421 04:31:00,439 --> 04:31:03,600 and these designs are going to fill all 7422 04:31:02,000 --> 04:31:05,720 the criteria so that by the time we're 7423 04:31:03,600 --> 04:31:07,920 done we're going to have a amazing 7424 04:31:05,720 --> 04:31:10,439 collection a diverse collection that is 7425 04:31:07,920 --> 04:31:13,760 going to wow our audiences and they are 7426 04:31:10,439 --> 04:31:15,760 going to be shocked at how amazing it is 7427 04:31:13,760 --> 04:31:17,479 being on your website that's that's the 7428 04:31:15,760 --> 04:31:18,840 end result that we're going for and 7429 04:31:17,479 --> 04:31:20,520 we're not going to be making designs 7430 04:31:18,840 --> 04:31:22,800 that we like yeah I don't know I guess 7431 04:31:20,520 --> 04:31:25,199 I'll all right this one's okay going to 7432 04:31:22,800 --> 04:31:27,199 put that up no that's not wow is what 7433 04:31:25,199 --> 04:31:29,479 we're going for we want people to be 7434 04:31:27,199 --> 04:31:30,800 amazed when they see our brand for the 7435 04:31:29,479 --> 04:31:32,680 first time that's what this module is 7436 04:31:30,800 --> 04:31:34,760 all about and in order to do that we're 7437 04:31:32,680 --> 04:31:36,760 going to be using some pretty exciting 7438 04:31:34,760 --> 04:31:38,560 AI tools and these are tools that are 7439 04:31:36,760 --> 04:31:41,000 going to save us thousands and thousands 7440 04:31:38,560 --> 04:31:42,560 of dollars and tons of time don't worry 7441 04:31:41,000 --> 04:31:44,239 if AI sounds over overwhelming we are 7442 04:31:42,560 --> 04:31:45,560 literally going to go through step by 7443 04:31:44,239 --> 04:31:47,399 step Click by click I'm going to be 7444 04:31:45,560 --> 04:31:49,119 making all of my designs along with you 7445 04:31:47,399 --> 04:31:50,399 and at some parts if it gets lengthy and 7446 04:31:49,119 --> 04:31:51,720 you're like all right I get it already I 7447 04:31:50,399 --> 04:31:53,680 already know how to make designs just 7448 04:31:51,720 --> 04:31:56,000 speed it up jump to the next section CU 7449 04:31:53,680 --> 04:31:58,119 I'm going to show a lot lot of detail a 7450 04:31:56,000 --> 04:31:59,880 lot of repetitions cuz that's how I 7451 04:31:58,119 --> 04:32:01,359 learned so I'm sure it's the same for a 7452 04:31:59,880 --> 04:32:04,000 lot of you out there as well and this 7453 04:32:01,359 --> 04:32:06,279 module is split into two separate 7454 04:32:04,000 --> 04:32:08,159 sections section one is the design 7455 04:32:06,279 --> 04:32:09,760 creation actually coming up with the 7456 04:32:08,159 --> 04:32:13,000 products doing the research all that 7457 04:32:09,760 --> 04:32:15,640 stuff and then section two is the 7458 04:32:13,000 --> 04:32:17,359 Fulfillment so creating the products 7459 04:32:15,640 --> 04:32:19,640 setting up the Fulfillment AKA or 7460 04:32:17,359 --> 04:32:21,399 printify integration and I'm going to be 7461 04:32:19,640 --> 04:32:23,560 doing the design creation Meg's going to 7462 04:32:21,399 --> 04:32:26,239 be teaching you guys all of the PRI 7463 04:32:23,560 --> 04:32:28,119 stuff she is an expert at that she's 7464 04:32:26,239 --> 04:32:30,359 lived in that world far longer than I 7465 04:32:28,119 --> 04:32:32,080 have I tend to drift towards the ads 7466 04:32:30,359 --> 04:32:33,520 that's what I like doing but anyway so 7467 04:32:32,080 --> 04:32:35,159 she's going to be teaching you how to 7468 04:32:33,520 --> 04:32:38,119 set up your printify account why we use 7469 04:32:35,159 --> 04:32:39,359 printify over printful uh gelato some of 7470 04:32:38,119 --> 04:32:41,119 the pros and cons of the different 7471 04:32:39,359 --> 04:32:42,800 platforms and then how to set up your 7472 04:32:41,119 --> 04:32:44,680 designs to be be fulfilled in the most 7473 04:32:42,800 --> 04:32:46,159 efficient way possible and then I'm 7474 04:32:44,680 --> 04:32:47,880 going to be teaching you about our 7475 04:32:46,159 --> 04:32:50,279 master design spreadsheet took a long 7476 04:32:47,880 --> 04:32:52,319 time to set up a database of all of our 7477 04:32:50,279 --> 04:32:54,600 designs that has helped us tremendously 7478 04:32:52,319 --> 04:32:56,119 keep track of and super organized within 7479 04:32:54,600 --> 04:32:58,199 our business because in order to be 7480 04:32:56,119 --> 04:33:00,479 successful with this business we need to 7481 04:32:58,199 --> 04:33:02,600 have the capacity to scale up to a ton 7482 04:33:00,479 --> 04:33:05,160 of designs not nearly as many as you 7483 04:33:02,600 --> 04:33:07,160 need on Etsy and Amazon like those big 7484 04:33:05,160 --> 04:33:09,480 sellers have thousands but in order to 7485 04:33:07,160 --> 04:33:11,199 get to like 100k plus per month we need 7486 04:33:09,480 --> 04:33:13,000 to be targeting like a couple hundred 7487 04:33:11,199 --> 04:33:14,520 designs not right out of the gate but 7488 04:33:13,000 --> 04:33:16,959 keeping everything nice and organized 7489 04:33:14,520 --> 04:33:19,160 and step by step and we're even going to 7490 04:33:16,959 --> 04:33:20,480 give you all of our Sops so that after 7491 04:33:19,160 --> 04:33:23,240 you go through this training you're able 7492 04:33:20,480 --> 04:33:25,080 to use those Sops that we use internally 7493 04:33:23,240 --> 04:33:26,799 to like go through each step of the 7494 04:33:25,080 --> 04:33:27,939 process so that's what's coming up next 7495 04:33:26,799 --> 04:33:36,430 and let's get into 7496 04:33:27,939 --> 04:33:36,430 [Music] 7497 04:33:39,000 --> 04:33:43,760 it now we're going to be doing some 7498 04:33:41,199 --> 04:33:45,879 research out in the market to see what 7499 04:33:43,760 --> 04:33:48,279 are the types of bestselling designs 7500 04:33:45,879 --> 04:33:50,480 that our Niche wants the most and the 7501 04:33:48,279 --> 04:33:52,039 reason we're doing this is cuz yes we 7502 04:33:50,480 --> 04:33:53,520 could just sit down and come up with 7503 04:33:52,039 --> 04:33:55,439 some great ideas that we fall in love 7504 04:33:53,520 --> 04:33:58,160 with and launch them and hope for the 7505 04:33:55,439 --> 04:34:01,080 best but we're far more likely to see 7506 04:33:58,160 --> 04:34:02,879 success quickly if we are able to learn 7507 04:34:01,080 --> 04:34:05,000 from what's already selling it's pretty 7508 04:34:02,879 --> 04:34:06,840 basic concept I know but you'd be 7509 04:34:05,000 --> 04:34:09,039 shocked at how many people skip this and 7510 04:34:06,840 --> 04:34:11,719 just go right to here's a design that I 7511 04:34:09,039 --> 04:34:13,400 think is cool and also if you're doing 7512 04:34:11,719 --> 04:34:15,119 print on a man for the first time you 7513 04:34:13,400 --> 04:34:18,080 don't want to come up with a brand new 7514 04:34:15,119 --> 04:34:20,039 like style of t-shirt or designs like 7515 04:34:18,080 --> 04:34:21,480 you don't want to think up something cuz 7516 04:34:20,039 --> 04:34:23,279 there's a much greater chance of it 7517 04:34:21,480 --> 04:34:25,400 being a giant Miss if it hits and it's 7518 04:34:23,279 --> 04:34:27,520 something truly unique yeah it could be 7519 04:34:25,400 --> 04:34:30,760 a huge upside but would you much rather 7520 04:34:27,520 --> 04:34:33,879 take like a 70 or 80% chance of getting 7521 04:34:30,760 --> 04:34:36,600 to 100K a month or would you rather take 7522 04:34:33,879 --> 04:34:38,799 a 10% chance of getting a million 7523 04:34:36,600 --> 04:34:41,080 dollars a month me personally I'd take 7524 04:34:38,799 --> 04:34:44,639 the former of the two so the way we're 7525 04:34:41,080 --> 04:34:48,119 going to be doing This research is again 7526 04:34:44,639 --> 04:34:51,240 using our handy dandy spreadsheet and 7527 04:34:48,119 --> 04:34:54,840 over on the research tab at the bottom 7528 04:34:51,240 --> 04:34:57,000 here so places that I like to go to do 7529 04:34:54,840 --> 04:35:01,480 product research before I start making 7530 04:34:57,000 --> 04:35:05,240 my designs are again Amazon Etsy 7531 04:35:01,480 --> 04:35:07,680 Pinterest I'm going to go go to Amazon 7532 04:35:05,240 --> 04:35:10,799 I'm in my brand new fancy seasonal 7533 04:35:07,680 --> 04:35:12,600 collections uh tab going to type in so 7534 04:35:10,799 --> 04:35:15,000 my Niche is slightly different cuz I'm 7535 04:35:12,600 --> 04:35:17,439 doing four different collections like 7536 04:35:15,000 --> 04:35:19,719 it's going to be the summer spring fall 7537 04:35:17,439 --> 04:35:21,760 winter but for your Niche I'll show a 7538 04:35:19,719 --> 04:35:23,959 couple of different examples but for me 7539 04:35:21,760 --> 04:35:28,119 like spring is coming up right now so 7540 04:35:23,959 --> 04:35:29,959 I'll say spring graphic te's okay so at 7541 04:35:28,119 --> 04:35:33,639 the top on Amazon see all these 7542 04:35:29,959 --> 04:35:35,359 sponsored examples I just ignore those 7543 04:35:33,639 --> 04:35:37,480 cuz we don't want to they're just paying 7544 04:35:35,359 --> 04:35:39,600 to be at the top they're not actually 7545 04:35:37,480 --> 04:35:42,480 top sellers but what I'm looking for are 7546 04:35:39,600 --> 04:35:44,680 designs that have a lot of reviews and 7547 04:35:42,480 --> 04:35:47,000 that there's a lot of similarities and 7548 04:35:44,680 --> 04:35:49,879 for bonus points something that I can I 7549 04:35:47,000 --> 04:35:52,561 know I can easily recreate with I which 7550 04:35:49,879 --> 04:35:54,359 something like this fairly easy that's 7551 04:35:52,561 --> 04:35:56,160 super easy that's pretty good it's like 7552 04:35:54,359 --> 04:35:58,240 an Easter Bunny and I should mention 7553 04:35:56,160 --> 04:36:00,359 that we want to take a lot more air on 7554 04:35:58,240 --> 04:36:01,799 the side of more detail rather than less 7555 04:36:00,359 --> 04:36:04,160 and the things we're trying to learn are 7556 04:36:01,799 --> 04:36:08,000 the design Styles the colors it's like 7557 04:36:04,160 --> 04:36:11,160 busy or detailed the text the placement 7558 04:36:08,000 --> 04:36:14,000 and the overall themes so for example 7559 04:36:11,160 --> 04:36:16,439 this it's like a floral pattern with 7560 04:36:14,000 --> 04:36:18,959 negative space in between each of the 7561 04:36:16,439 --> 04:36:22,320 flowers this is irrelevant bring on the 7562 04:36:18,959 --> 04:36:24,799 sunshine so it's text Bas with this 7563 04:36:22,320 --> 04:36:26,439 vintage style pattern in the middle or 7564 04:36:24,799 --> 04:36:29,199 not pattern that's an image and then 7565 04:36:26,439 --> 04:36:31,959 this line art style of flowers each one 7566 04:36:29,199 --> 04:36:34,680 of these represents a different style so 7567 04:36:31,959 --> 04:36:36,840 these two the flowers that's one theme 7568 04:36:34,680 --> 04:36:38,959 flower based but then it's two 7569 04:36:36,840 --> 04:36:41,119 completely different styles one's line 7570 04:36:38,959 --> 04:36:43,039 art one's like a pattern then the 7571 04:36:41,119 --> 04:36:44,480 placement is completely different or how 7572 04:36:43,039 --> 04:36:46,520 much space it takes up is completely 7573 04:36:44,480 --> 04:36:48,639 different as well so there's this just 7574 04:36:46,520 --> 04:36:51,240 across the chest and there's this one 7575 04:36:48,639 --> 04:36:52,680 that takes up the full print area some 7576 04:36:51,240 --> 04:36:54,359 best practices or principles that we're 7577 04:36:52,680 --> 04:36:56,959 going to see across all of these designs 7578 04:36:54,359 --> 04:36:59,199 are number one it's not just a big block 7579 04:36:56,959 --> 04:37:01,359 of text like it would be a really bad 7580 04:36:59,199 --> 04:37:04,039 design you turn a best seller into a 7581 04:37:01,359 --> 04:37:06,240 worst seller very quickly if you had a 7582 04:37:04,039 --> 04:37:07,480 background behind that so we're going to 7583 04:37:06,240 --> 04:37:09,199 talk about how to remove backgrounds and 7584 04:37:07,480 --> 04:37:11,199 all that stuff later but a lot of 7585 04:37:09,199 --> 04:37:14,279 negative space and not like big blocky 7586 04:37:11,199 --> 04:37:18,119 design typically perform much better and 7587 04:37:14,279 --> 04:37:21,760 a lot of simplistic patterns so what I'm 7588 04:37:18,119 --> 04:37:24,240 going to do is take screenshots of these 7589 04:37:21,760 --> 04:37:26,240 so I can save them for later so once we 7590 04:37:24,240 --> 04:37:28,879 go to actually start creating our 7591 04:37:26,240 --> 04:37:30,520 designs and using AI we have some 7592 04:37:28,879 --> 04:37:35,480 examples to go off of and then you can 7593 04:37:30,520 --> 04:37:37,639 also write down your findings like 7594 04:37:35,480 --> 04:37:40,000 monocolor 7595 04:37:37,639 --> 04:37:42,439 floral line art 7596 04:37:40,000 --> 04:37:44,080 patterns and you want to write down the 7597 04:37:42,439 --> 04:37:45,279 ones that you're seeing repeatedly you 7598 04:37:44,080 --> 04:37:46,680 don't want to just I'm not going to 7599 04:37:45,279 --> 04:37:48,199 write this down partially cuz I don't 7600 04:37:46,680 --> 04:37:49,480 even know how to describe it hard to 7601 04:37:48,199 --> 04:37:50,879 believe I would see another one like 7602 04:37:49,480 --> 04:37:53,080 that on here so I'm only writing down 7603 04:37:50,879 --> 04:37:54,719 the ones that I'm seeing repeats of like 7604 04:37:53,080 --> 04:37:56,561 sunflowers doesn't take a rocket 7605 04:37:54,719 --> 04:37:58,279 scientist to see that sunflowers are 7606 04:37:56,561 --> 04:38:00,879 popping up again and again so I'm going 7607 04:37:58,279 --> 04:38:02,959 to write that down onala that I know 7608 04:38:00,879 --> 04:38:05,680 from yoga state that these types of 7609 04:38:02,959 --> 04:38:08,240 patterns sell really well Dolla mix with 7610 04:38:05,680 --> 04:38:12,080 flowers that could be a good idea but I 7611 04:38:08,240 --> 04:38:15,160 know just mandala is good 7612 04:38:12,080 --> 04:38:16,680 example so lots of flowers for right now 7613 04:38:15,160 --> 04:38:18,840 I know my Brand's slightly different cuz 7614 04:38:16,680 --> 04:38:20,561 I'm going to have different collections 7615 04:38:18,840 --> 04:38:22,760 I'm just going to treat it like if I was 7616 04:38:20,561 --> 04:38:25,760 doing a spring collection or a spring 7617 04:38:22,760 --> 04:38:28,480 store lots of dandelion love oh that 7618 04:38:25,760 --> 04:38:31,199 one's cool and I'm taking screenshots 7619 04:38:28,480 --> 04:38:33,680 not cuz I'm going to throw up that exact 7620 04:38:31,199 --> 04:38:36,279 design on my site but it gives me a 7621 04:38:33,680 --> 04:38:38,119 starting point when I go to use AI later 7622 04:38:36,279 --> 04:38:41,600 lots of Dand lines use a different 7623 04:38:38,119 --> 04:38:43,480 keyword for women talk to me goose 7624 04:38:41,600 --> 04:38:45,439 that's somebody who doesn't know how to 7625 04:38:43,480 --> 04:38:47,680 run their Amazon ads it's also funny you 7626 04:38:45,439 --> 04:38:50,520 can tell that's somebody who took the 7627 04:38:47,680 --> 04:38:53,561 text separately and then generated that 7628 04:38:50,520 --> 04:38:56,119 with AI sunshine sunshine I like that 7629 04:38:53,561 --> 04:38:59,959 write Sunshine 7630 04:38:56,119 --> 04:39:02,879 typography Ocean Air and salty 7631 04:38:59,959 --> 04:39:06,520 hair I think that's more of a summer 7632 04:39:02,879 --> 04:39:09,160 thing these are cool and I like to have 7633 04:39:06,520 --> 04:39:10,680 a a variety I want to have some out of 7634 04:39:09,160 --> 04:39:12,719 the collection of a 100 designs that I'm 7635 04:39:10,680 --> 04:39:14,480 trying to build to with I want to have 7636 04:39:12,719 --> 04:39:16,279 some that are typography based I want to 7637 04:39:14,480 --> 04:39:18,680 have some that are like humor some that 7638 04:39:16,279 --> 04:39:20,600 are just designs and then within designs 7639 04:39:18,680 --> 04:39:22,160 I want to have some that are line art 7640 04:39:20,600 --> 04:39:24,760 some that are colorful some that are 7641 04:39:22,160 --> 04:39:27,000 pastel watercolor want a wide variety if 7642 04:39:24,760 --> 04:39:28,600 you launch a collection of a 100 designs 7643 04:39:27,000 --> 04:39:30,639 that are all just line art very 7644 04:39:28,600 --> 04:39:32,359 minimalist that's going to convert way 7645 04:39:30,639 --> 04:39:34,561 lower you want there to be a certain 7646 04:39:32,359 --> 04:39:36,240 type of pattern that or design that for 7647 04:39:34,561 --> 04:39:38,638 everybody basically but within your 7648 04:39:36,240 --> 04:39:40,920 Niche like some people will wear you 7649 04:39:38,638 --> 04:39:42,360 know a graphic image like this but they 7650 04:39:40,920 --> 04:39:44,080 would never consider putting on 7651 04:39:42,360 --> 04:39:46,120 something as simple as this and vice 7652 04:39:44,080 --> 04:39:49,760 versa I feel like we've exhausted what's 7653 04:39:46,120 --> 04:39:51,240 on there let's go to Etsy grow positive 7654 04:39:49,760 --> 04:39:54,360 thoughts I like that so I'm going to 7655 04:39:51,240 --> 04:39:56,718 write activity plus flowers this one's 7656 04:39:54,360 --> 04:39:58,600 cool because it's very simple and it's 7657 04:39:56,718 --> 04:40:00,040 slightly different than the other styles 7658 04:39:58,600 --> 04:40:02,840 that I've seen so I'm going to write 7659 04:40:00,040 --> 04:40:08,680 vintage SL 7660 04:40:02,840 --> 04:40:11,400 distressed SL retro sun flowers Etc some 7661 04:40:08,680 --> 04:40:14,520 of these are good hello spring that's 7662 04:40:11,400 --> 04:40:16,958 definitely AI we can do that or 7663 04:40:14,520 --> 04:40:19,840 sunflowers Sunshine that one's cool I 7664 04:40:16,958 --> 04:40:23,840 don't love that mockup it's turned so 7665 04:40:19,840 --> 04:40:26,760 sideways cowboy rodeo doesn't fit smile 7666 04:40:23,840 --> 04:40:28,360 that one's cool do something like that 7667 04:40:26,760 --> 04:40:30,160 there's a word for that I'm blanking on 7668 04:40:28,360 --> 04:40:32,240 but it's like when you combine two 7669 04:40:30,160 --> 04:40:34,480 well-known things and you like blend 7670 04:40:32,240 --> 04:40:36,000 them into something new and original 7671 04:40:34,480 --> 04:40:38,560 like a good example is like the 7672 04:40:36,000 --> 04:40:40,760 heartbeat designs like an EKG it's like 7673 04:40:38,560 --> 04:40:42,638 a heartbeat and then it just mixes in a 7674 04:40:40,760 --> 04:40:44,240 pattern or something related to the 7675 04:40:42,638 --> 04:40:45,920 niche I should make that like a list of 7676 04:40:44,240 --> 04:40:47,798 designs that are good no matter what 7677 04:40:45,920 --> 04:40:50,000 your Niche is that's one of them see 7678 04:40:47,798 --> 04:40:52,320 there's another one that's like that 7679 04:40:50,000 --> 04:40:55,400 distressed kind of style that's cool 7680 04:40:52,320 --> 04:40:59,040 monal's AI is going to crush these 7681 04:40:55,400 --> 04:41:00,958 popular now you bet it is so we spring 7682 04:40:59,040 --> 04:41:02,560 break it's late for that at the time of 7683 04:41:00,958 --> 04:41:04,440 filming I'm not going to invest any time 7684 04:41:02,560 --> 04:41:06,040 in something that's seasonal or is 7685 04:41:04,440 --> 04:41:07,840 already passed at the time of filming 7686 04:41:06,040 --> 04:41:09,560 this I'm going to get probably a couple 7687 04:41:07,840 --> 04:41:10,798 of weeks out of spring out of this 7688 04:41:09,560 --> 04:41:12,480 spring collection and then I'm going to 7689 04:41:10,798 --> 04:41:14,440 have to quick work on the summer 7690 04:41:12,480 --> 04:41:15,840 collection so if you're new to this I 7691 04:41:14,440 --> 04:41:18,120 highly recommend going with something 7692 04:41:15,840 --> 04:41:20,160 that is Evergreen like year round and if 7693 04:41:18,120 --> 04:41:22,480 you're looking for ideas it's always 7694 04:41:20,160 --> 04:41:23,958 chat GPT so I'm going to ask chat GPT 7695 04:41:22,480 --> 04:41:27,480 cuz I'm I'm struggling to come up with 7696 04:41:23,958 --> 04:41:29,360 some Search terms like I just typed in 7697 04:41:27,480 --> 04:41:31,440 Spring graphic shirts but if I type in 7698 04:41:29,360 --> 04:41:33,600 flower I'm going to get completely 7699 04:41:31,440 --> 04:41:34,958 different results not completely 7700 04:41:33,600 --> 04:41:36,680 different but it's going to give me 7701 04:41:34,958 --> 04:41:38,560 obviously just flower designs but then 7702 04:41:36,680 --> 04:41:40,680 if I were to what else do people 7703 04:41:38,560 --> 04:41:42,798 associate spring with spring like 7704 04:41:40,680 --> 04:41:45,840 positivity 7705 04:41:42,798 --> 04:41:47,680 yeah like that's another have the day he 7706 04:41:45,840 --> 04:41:48,798 deserve yeah like these are cool so if 7707 04:41:47,680 --> 04:41:50,440 you're struggling to come up with things 7708 04:41:48,798 --> 04:41:55,760 that are like related to your Niche 7709 04:41:50,440 --> 04:41:56,878 write list of 10 things people associate 7710 04:41:55,760 --> 04:42:02,160 spring 7711 04:41:56,878 --> 04:42:07,718 with bonus points if they are ideal 7712 04:42:02,160 --> 04:42:08,958 topics for a print on demand graphic 7713 04:42:07,718 --> 04:42:11,878 t-shirt 7714 04:42:08,958 --> 04:42:16,840 design oh butterflies I haven't done 7715 04:42:11,878 --> 04:42:18,480 that oh these are cool a butterfly so 7716 04:42:16,840 --> 04:42:20,638 see this is an example what I was 7717 04:42:18,480 --> 04:42:22,520 talking about it's nature or butterfly 7718 04:42:20,638 --> 04:42:25,080 something that obviously everybody knows 7719 04:42:22,520 --> 04:42:27,520 mixed with flowers creat something super 7720 04:42:25,080 --> 04:42:30,480 unique just breathe and believe so it 7721 04:42:27,520 --> 04:42:33,280 takes a positive or like a popular 7722 04:42:30,480 --> 04:42:36,280 saying and then you can tell by looking 7723 04:42:33,280 --> 04:42:38,638 at it that this butterfly was a 7724 04:42:36,280 --> 04:42:40,798 standalone design the text is its own 7725 04:42:38,638 --> 04:42:43,520 design and then what if I don't know why 7726 04:42:40,798 --> 04:42:45,400 they put Bullseye behind it but they did 7727 04:42:43,520 --> 04:42:47,360 and you can just see how it maybe the 7728 04:42:45,400 --> 04:42:50,718 butterfly and the text was part of the 7729 04:42:47,360 --> 04:42:53,040 same file but this is a cool one this is 7730 04:42:50,718 --> 04:42:54,638 another cool art style that always does 7731 04:42:53,040 --> 04:42:57,040 really I think I could put a butterfly 7732 04:42:54,638 --> 04:42:59,958 just next to any positive quote and 7733 04:42:57,040 --> 04:43:02,638 that's or sunflower sunflower any 7734 04:42:59,958 --> 04:43:03,680 positive quote and that's Banger design 7735 04:43:02,638 --> 04:43:05,400 but I would that's something I would 7736 04:43:03,680 --> 04:43:06,680 have never ever come up with and 7737 04:43:05,400 --> 04:43:08,958 obviously I'm not going to do this exact 7738 04:43:06,680 --> 04:43:11,560 quote or that same butterfly but I can 7739 04:43:08,958 --> 04:43:14,440 do you know have chat GPT come up 7740 04:43:11,560 --> 04:43:16,840 designs that's 1,000% AI generated those 7741 04:43:14,440 --> 04:43:19,200 are pretty cool though oh wow see this 7742 04:43:16,840 --> 04:43:21,080 opens up a whole new can of worms for us 7743 04:43:19,200 --> 04:43:24,400 this is why we do the research so they 7744 04:43:21,080 --> 04:43:27,200 took a cat and mixed in flowers and 7745 04:43:24,400 --> 04:43:30,080 butterflies and spring related things so 7746 04:43:27,200 --> 04:43:32,200 this is a a port key design into any 7747 04:43:30,080 --> 04:43:33,360 number of other so like we've talked 7748 04:43:32,200 --> 04:43:35,360 about we don't want to have just a 7749 04:43:33,360 --> 04:43:37,520 generic store that sells like all kinds 7750 04:43:35,360 --> 04:43:40,560 of crap like I wouldn't want I like 7751 04:43:37,520 --> 04:43:42,440 coffee and maybe three people and I like 7752 04:43:40,560 --> 04:43:45,160 flowers maybe three people like 7753 04:43:42,440 --> 04:43:47,080 completely different but then if we have 7754 04:43:45,160 --> 04:43:49,240 this kind of design where it's clearly 7755 04:43:47,080 --> 04:43:51,480 spring because of the Styles and then 7756 04:43:49,240 --> 04:43:54,400 it's a cat I can do that same design 7757 04:43:51,480 --> 04:43:56,840 with a cat a dog a cup of coffee like a 7758 04:43:54,400 --> 04:43:59,080 beach chair umbrella a sun or somebody 7759 04:43:56,840 --> 04:44:02,760 doing yoga like one of yoga st's top 7760 04:43:59,080 --> 04:44:06,080 sellers was was stuff like this like 7761 04:44:02,760 --> 04:44:08,840 this kind of style design was extremely 7762 04:44:06,080 --> 04:44:11,480 popular so I could take if I wanted to 7763 04:44:08,840 --> 04:44:13,360 make yoga related designs or try to 7764 04:44:11,480 --> 04:44:15,400 appeal to them can make that but I can 7765 04:44:13,360 --> 04:44:18,440 make it with flowers basically so that's 7766 04:44:15,400 --> 04:44:20,120 exciting birds and nests gardening tools 7767 04:44:18,440 --> 04:44:22,440 that just that could be good but it just 7768 04:44:20,120 --> 04:44:26,280 bores the crap out of me spring equinox 7769 04:44:22,440 --> 04:44:28,958 that's weird butterflies good blooming 7770 04:44:26,280 --> 04:44:31,920 flowers good outdoor activities not 7771 04:44:28,958 --> 04:44:33,878 going to do a picnicking shirt anti 7772 04:44:31,920 --> 04:44:35,760 finally okay so I was about to say that 7773 04:44:33,878 --> 04:44:37,280 the one thing that I'm missing the one 7774 04:44:35,760 --> 04:44:40,560 element or type of design that I'm 7775 04:44:37,280 --> 04:44:42,560 missing is or two is typography and then 7776 04:44:40,560 --> 04:44:44,878 more specific specifically is humor 7777 04:44:42,560 --> 04:44:46,680 based typography like jokes the reason 7778 04:44:44,878 --> 04:44:48,600 that's so important is that those are 7779 04:44:46,680 --> 04:44:49,798 the designs that when we run our ads you 7780 04:44:48,600 --> 04:44:51,600 want to picture designs if you're 7781 04:44:49,798 --> 04:44:54,000 scrolling through your feed you see the 7782 04:44:51,600 --> 04:44:56,320 design on Facebook or Instagram would it 7783 04:44:54,000 --> 04:44:59,280 get you to stop and interact or have 7784 04:44:56,320 --> 04:45:01,320 some kind of reaction to it either ah 7785 04:44:59,280 --> 04:45:04,320 wow that's such a cool design that looks 7786 04:45:01,320 --> 04:45:05,920 like really neat it's a nice pattern or 7787 04:45:04,320 --> 04:45:07,440 holy crap that's so funny like the 7788 04:45:05,920 --> 04:45:09,240 reason that people share and comment and 7789 04:45:07,440 --> 04:45:11,320 tag their friends is if it's something 7790 04:45:09,240 --> 04:45:13,560 that's funny something that's like 7791 04:45:11,320 --> 04:45:15,000 unique or original or high quality or 7792 04:45:13,560 --> 04:45:16,680 just that they think their friend would 7793 04:45:15,000 --> 04:45:19,480 find interesting and that's what we're 7794 04:45:16,680 --> 04:45:22,280 going for if we have a collection of 100 7795 04:45:19,480 --> 04:45:23,718 Diversified but super Bland boring 7796 04:45:22,280 --> 04:45:24,878 designs we're not going to get any 7797 04:45:23,718 --> 04:45:26,480 engagement we're not going to get 7798 04:45:24,878 --> 04:45:28,400 comments and we're going to talk about 7799 04:45:26,480 --> 04:45:30,798 this in the ad section but then Facebook 7800 04:45:28,400 --> 04:45:32,520 punishes us by having more expensive ad 7801 04:45:30,798 --> 04:45:34,798 costs because they want to see people 7802 04:45:32,520 --> 04:45:37,080 engaging compared to if everybody is 7803 04:45:34,798 --> 04:45:38,958 commenting on it then your ad cost go 7804 04:45:37,080 --> 04:45:41,280 through the floor and it it becomes 7805 04:45:38,958 --> 04:45:43,440 really profitable CU Facebook likes that 7806 04:45:41,280 --> 04:45:45,560 engagement it's another frame to think 7807 04:45:43,440 --> 04:45:48,160 of as you're looking at these designs 7808 04:45:45,560 --> 04:45:49,600 okay so this is a very common thread so 7809 04:45:48,160 --> 04:45:52,320 that's something we can definitely do 7810 04:45:49,600 --> 04:45:52,320 our own spin 7811 04:45:52,840 --> 04:45:57,840 on Save the 7812 04:45:55,958 --> 04:45:59,798 pollinators okay I don't know if I want 7813 04:45:57,840 --> 04:46:01,680 to go down that rabbit hole again you 7814 04:45:59,798 --> 04:46:03,520 want it to be a niche and like a brand 7815 04:46:01,680 --> 04:46:06,760 that you actually like if this turns 7816 04:46:03,520 --> 04:46:10,240 into a butterfly fanatic brand I would 7817 04:46:06,760 --> 04:46:12,040 not enjoy that let's do one more let's 7818 04:46:10,240 --> 04:46:15,240 do funny 7819 04:46:12,040 --> 04:46:17,160 spring graphic shirts all right that's 7820 04:46:15,240 --> 04:46:18,878 funny in order for me to use that and 7821 04:46:17,160 --> 04:46:20,320 make sure that cuz I can't really put 7822 04:46:18,878 --> 04:46:22,280 too much of a spin on this I would 7823 04:46:20,320 --> 04:46:24,040 change like this the the Sun and stuff 7824 04:46:22,280 --> 04:46:25,878 but on my way to brighten your day 7825 04:46:24,040 --> 04:46:27,840 that's saying I would first make sure 7826 04:46:25,878 --> 04:46:30,240 that this is not trademarked we'll show 7827 04:46:27,840 --> 04:46:31,958 how to do that in a second but an easy 7828 04:46:30,240 --> 04:46:34,638 way to do this is just do a Google 7829 04:46:31,958 --> 04:46:37,200 reverse image search so I just take a 7830 04:46:34,638 --> 04:46:39,320 screenshot of it drag it in now let's 7831 04:46:37,200 --> 04:46:41,280 see on my way to brighten your day I was 7832 04:46:39,320 --> 04:46:43,400 looking for more of the saying so search 7833 04:46:41,280 --> 04:46:47,080 won't do it yeah this is a very popular 7834 04:46:43,400 --> 04:46:48,958 saying okay so I wouldn't recommend 7835 04:46:47,080 --> 04:46:50,840 taking somebody's exact saying but if 7836 04:46:48,958 --> 04:46:53,200 you see there's tons of canned sayings 7837 04:46:50,840 --> 04:46:55,080 out there that I would be yeah I'd bet 7838 04:46:53,200 --> 04:46:56,760 good money that shirtman dude did not 7839 04:46:55,080 --> 04:46:59,080 come up with all my way to brighten your 7840 04:46:56,760 --> 04:47:01,280 day so he got it from somewhere else but 7841 04:46:59,080 --> 04:47:03,718 obviously do your own spin on it more 7842 04:47:01,280 --> 04:47:06,200 mandalas not really a ton of humor in 7843 04:47:03,718 --> 04:47:09,878 this no rain no flowers okay so there is 7844 04:47:06,200 --> 04:47:12,120 rain more of those Styles where my hose 7845 04:47:09,878 --> 04:47:14,680 at this one's funny this one would be 7846 04:47:12,120 --> 04:47:18,320 funny but like I said Easter's already 7847 04:47:14,680 --> 04:47:21,600 passed let me Jesus okay people have 7848 04:47:18,320 --> 04:47:23,520 some dark humor for spring see this is 7849 04:47:21,600 --> 04:47:25,600 interesting he is risen the reason 7850 04:47:23,520 --> 04:47:28,240 that's interesting is one of these came 7851 04:47:25,600 --> 04:47:31,080 first they didn't both happen 7852 04:47:28,240 --> 04:47:33,558 simultaneously one of them had the idea 7853 04:47:31,080 --> 04:47:36,840 first and then the other person saw it 7854 04:47:33,558 --> 04:47:38,040 and recreated it using AI hello spring 7855 04:47:36,840 --> 04:47:42,320 I'm going to write down some of the 7856 04:47:38,040 --> 04:47:44,638 ideas positive quote by side with a 7857 04:47:42,320 --> 04:47:46,558 flower hello 7858 04:47:44,638 --> 04:47:48,160 spring yeah there's going to be a ton 7859 04:47:46,558 --> 04:47:50,958 that we can do when it comes time for 7860 04:47:48,160 --> 04:47:54,600 Halloween stuff okay so we have a good 7861 04:47:50,958 --> 04:47:56,480 amount of design ideas going back to our 7862 04:47:54,600 --> 04:47:58,718 spreadsheet make sure we did everything 7863 04:47:56,480 --> 04:48:00,958 we checked Amazon Etsy didn't do 7864 04:47:58,718 --> 04:48:03,638 Pinterest but get the idea take note of 7865 04:48:00,958 --> 04:48:06,160 the design Styles take note of the 7866 04:48:03,638 --> 04:48:08,558 colors did all of that and then yeah as 7867 04:48:06,160 --> 04:48:10,080 a member of the niche which I ended up 7868 04:48:08,558 --> 04:48:12,360 going with a niche that isn't something 7869 04:48:10,080 --> 04:48:14,240 that I'm directly in I don't know how 7870 04:48:12,360 --> 04:48:16,480 you can be in a season but since Meg and 7871 04:48:14,240 --> 04:48:18,760 I are doing this together she'll enjoy a 7872 04:48:16,480 --> 04:48:20,760 lot of this stuff so I wanted to do 7873 04:48:18,760 --> 04:48:22,680 manly Niche and she liked this one so we 7874 04:48:20,760 --> 04:48:24,558 compromised and went with this one and 7875 04:48:22,680 --> 04:48:26,440 then the last thing is to take note of 7876 04:48:24,558 --> 04:48:28,400 like how the designs make you feel which 7877 04:48:26,440 --> 04:48:29,760 is an important thing that keep always 7878 04:48:28,400 --> 04:48:31,520 keep the frame in mind that we're not 7879 04:48:29,760 --> 04:48:33,160 just making designs for the sake of 7880 04:48:31,520 --> 04:48:34,638 making designs we're not just clicking 7881 04:48:33,160 --> 04:48:36,558 buttons on the internet at the end of 7882 04:48:34,638 --> 04:48:38,040 the day what drives this business is 7883 04:48:36,558 --> 04:48:40,040 making products that actually like 7884 04:48:38,040 --> 04:48:42,160 people love and that they feel good when 7885 04:48:40,040 --> 04:48:43,798 they put on that they get excited about 7886 04:48:42,160 --> 04:48:45,080 like when they see it and they want to 7887 04:48:43,798 --> 04:48:46,558 tell their friends about it that's where 7888 04:48:45,080 --> 04:48:48,200 the real money is made it can be very 7889 04:48:46,558 --> 04:48:50,280 easy to get caught up in thinking we're 7890 04:48:48,200 --> 04:48:52,000 just building Shopify stores and 7891 04:48:50,280 --> 04:48:53,280 clicking online it's important to keep 7892 04:48:52,000 --> 04:48:55,480 track of the tone of what you're 7893 04:48:53,280 --> 04:48:57,920 building and if you're trying to go the 7894 04:48:55,480 --> 04:49:00,760 humor angle versus the Vintage like 7895 04:48:57,920 --> 04:49:03,360 distressed type of like throwback Vibe 7896 04:49:00,760 --> 04:49:06,320 versus the just love yourself peace and 7897 04:49:03,360 --> 04:49:09,480 prosperity type of thing versus the dark 7898 04:49:06,320 --> 04:49:11,920 sarcastic humor or like the informative 7899 04:49:09,480 --> 04:49:14,240 route of like um I don't know if you did 7900 04:49:11,920 --> 04:49:16,080 a brand that did like those side angle 7901 04:49:14,240 --> 04:49:18,080 shots of like inventions or patent 7902 04:49:16,080 --> 04:49:20,160 designs that could be cool and the way 7903 04:49:18,080 --> 04:49:22,120 that those designs make somebody feel is 7904 04:49:20,160 --> 04:49:24,240 entirely different and would serve an 7905 04:49:22,120 --> 04:49:26,480 entirely different audience group than 7906 04:49:24,240 --> 04:49:28,360 like spring flowers like the kind of 7907 04:49:26,480 --> 04:49:31,080 stuff we're doing so just something to 7908 04:49:28,360 --> 04:49:32,280 keep in mind and I also use todoist 7909 04:49:31,080 --> 04:49:34,718 that's what this 7910 04:49:32,280 --> 04:49:38,680 is love when it doesn't pop up there it 7911 04:49:34,718 --> 04:49:41,320 is so it's nice if I ever have an idea 7912 04:49:38,680 --> 04:49:45,360 or something I just hit control space 7913 04:49:41,320 --> 04:49:49,840 bar and anything that I'm doing it pops 7914 04:49:45,360 --> 04:49:51,718 up it pops up there it is and then you 7915 04:49:49,840 --> 04:49:53,878 just write whatever your idea is if I'm 7916 04:49:51,718 --> 04:49:56,320 out and about I see somebody's shirt or 7917 04:49:53,878 --> 04:49:58,520 bumper sticker same thing on my phone I 7918 04:49:56,320 --> 04:50:00,160 have a like a hotkey or like a 7919 04:49:58,520 --> 04:50:01,840 automation setup where if I just tap the 7920 04:50:00,160 --> 04:50:03,760 back of my phone twice let's see if I 7921 04:50:01,840 --> 04:50:05,120 can do it see I don't know if you can 7922 04:50:03,760 --> 04:50:06,840 see that too well but I just tap the 7923 04:50:05,120 --> 04:50:10,480 back of the phone to-do us pops up I can 7924 04:50:06,840 --> 04:50:12,400 quickly enter ideas just an easy way to 7925 04:50:10,480 --> 04:50:13,718 keep track of stuff and you always want 7926 04:50:12,400 --> 04:50:15,600 to be constantly coming up and 7927 04:50:13,718 --> 04:50:17,040 brainstorming new ideas and it doesn't 7928 04:50:15,600 --> 04:50:19,240 always have to be this kind of formal 7929 04:50:17,040 --> 04:50:21,360 process that we just went through so 7930 04:50:19,240 --> 04:50:23,638 that's how we can do product research 7931 04:50:21,360 --> 04:50:24,718 and come up with a great idea of the 7932 04:50:23,638 --> 04:50:27,360 type of designs that we want to be 7933 04:50:24,718 --> 04:50:28,920 selling before we even start to generate 7934 04:50:27,360 --> 04:50:30,440 them thanks for watching and I'll see 7935 04:50:28,920 --> 04:50:38,929 you in the next lesson 7936 04:50:30,440 --> 04:50:38,929 [Music] 7937 04:50:41,010 --> 04:50:43,840 [Music] 7938 04:50:42,520 --> 04:50:45,480 when it comes to making our designs 7939 04:50:43,840 --> 04:50:48,080 there's a couple of different ways that 7940 04:50:45,480 --> 04:50:50,160 we can go about it and I've personally 7941 04:50:48,080 --> 04:50:51,798 used all of these different methods they 7942 04:50:50,160 --> 04:50:54,600 have pros and cons to each but there is 7943 04:50:51,798 --> 04:50:56,040 one that nowadays clearly stands out 7944 04:50:54,600 --> 04:50:57,638 which is the one we're going to be going 7945 04:50:56,040 --> 04:50:59,558 with but I want you to be aware of all 7946 04:50:57,638 --> 04:51:02,080 of them so you can make that choice for 7947 04:50:59,558 --> 04:51:03,840 yourself and the three ways are that you 7948 04:51:02,080 --> 04:51:05,798 can hire somebody else to do it hire 7949 04:51:03,840 --> 04:51:08,680 somebody with design experience B you 7950 04:51:05,798 --> 04:51:12,360 can make it yourself manually using like 7951 04:51:08,680 --> 04:51:14,240 canva or photoshop or photo which that's 7952 04:51:12,360 --> 04:51:15,840 takes a lot of your time and it's pretty 7953 04:51:14,240 --> 04:51:17,840 challenging unless you're like super 7954 04:51:15,840 --> 04:51:20,600 artistic and along that same line you 7955 04:51:17,840 --> 04:51:22,320 can also just go out and buy designs 7956 04:51:20,600 --> 04:51:24,280 yourself which I'll show you some sites 7957 04:51:22,320 --> 04:51:26,160 you can do that it's actually not a bad 7958 04:51:24,280 --> 04:51:27,798 way to like augment a collection but I 7959 04:51:26,160 --> 04:51:29,798 wouldn't recommend making it like your 7960 04:51:27,798 --> 04:51:33,520 sole source of designs and then the 7961 04:51:29,798 --> 04:51:35,958 Third Way is we can use AI which is 7962 04:51:33,520 --> 04:51:38,120 what's extremely popular right now I 7963 04:51:35,958 --> 04:51:40,160 think the AI is amazing cuz it makes it 7964 04:51:38,120 --> 04:51:43,280 so easy for us to create really high 7965 04:51:40,160 --> 04:51:45,400 quality designs if we know one the right 7966 04:51:43,280 --> 04:51:48,958 tools to use and like the right way to 7967 04:51:45,400 --> 04:51:50,878 prompt it and we are aware of what like 7968 04:51:48,958 --> 04:51:52,840 our end goal is if you just sit down 7969 04:51:50,878 --> 04:51:54,638 with AI and just start generating stuff 7970 04:51:52,840 --> 04:51:55,680 you'll end up all over the board but 7971 04:51:54,638 --> 04:51:57,840 since we're going to be going into it 7972 04:51:55,680 --> 04:51:59,360 with a clear idea of what we want it's 7973 04:51:57,840 --> 04:52:00,878 going to be a much better outcome but 7974 04:51:59,360 --> 04:52:03,240 we'll talk a lot more about that in a 7975 04:52:00,878 --> 04:52:06,000 second but so the first way that I 7976 04:52:03,240 --> 04:52:08,680 talked about is you can go hire somebody 7977 04:52:06,000 --> 04:52:12,040 like a designer from online marketplaces 7978 04:52:08,680 --> 04:52:13,718 upwork Fiverr upwork is typically a 7979 04:52:12,040 --> 04:52:17,718 little bit more expensive and higher 7980 04:52:13,718 --> 04:52:20,320 quality than Fiverr but Fiverr you can 7981 04:52:17,718 --> 04:52:21,920 hire I like you can even hire AI artists 7982 04:52:20,320 --> 04:52:23,920 now but you can hire somebody for just 7983 04:52:21,920 --> 04:52:27,040 about anything you would and what that 7984 04:52:23,920 --> 04:52:29,600 process would look like is you go in 7985 04:52:27,040 --> 04:52:31,480 here you look at their portfolios i' 7986 04:52:29,600 --> 04:52:33,798 sort by Best Sellers if I want really 7987 04:52:31,480 --> 04:52:35,558 high quality sort by Pro and then you 7988 04:52:33,798 --> 04:52:38,558 can look at the different people here so 7989 04:52:35,558 --> 04:52:41,958 you can see like this person this person 7990 04:52:38,558 --> 04:52:45,320 is one ordering Q or rated 4.9 pretty 7991 04:52:41,958 --> 04:52:47,680 high and for 110 bucks you will get one 7992 04:52:45,320 --> 04:52:51,638 custom digital design plus editing with 7993 04:52:47,680 --> 04:52:53,840 two revisions that is insane wow okay so 7994 04:52:51,638 --> 04:52:57,680 that's the pro one though let's see if 7995 04:52:53,840 --> 04:52:58,840 there's T-shirt designer best sellers 7996 04:52:57,680 --> 04:53:01,000 yeah so there's a bunch of people in 7997 04:52:58,840 --> 04:53:03,760 here that are specifically offering 7998 04:53:01,000 --> 04:53:06,240 t-shirt designs it's funny almost all of 7999 04:53:03,760 --> 04:53:07,680 these look AI generated now so if you 8000 04:53:06,240 --> 04:53:09,558 have a couple Grand that you're trying 8001 04:53:07,680 --> 04:53:11,240 to throw at your designs this could be a 8002 04:53:09,558 --> 04:53:12,840 good route to go but we're going to see 8003 04:53:11,240 --> 04:53:16,558 how we can make stuff just like this 8004 04:53:12,840 --> 04:53:19,160 using AI in a second but just for 8005 04:53:16,558 --> 04:53:21,240 example sake this person message them 8006 04:53:19,160 --> 04:53:23,280 and they charge 50 bucks and they'll 8007 04:53:21,240 --> 04:53:26,080 make a complex design for you whatever 8008 04:53:23,280 --> 04:53:29,878 that made it's like a very qualitative 8009 04:53:26,080 --> 04:53:32,600 or subjective thing this guy Damian he's 8010 04:53:29,878 --> 04:53:36,160 much he's pretty highend 8011 04:53:32,600 --> 04:53:38,840 $145 but he'll make simpler artwork wow 8012 04:53:36,160 --> 04:53:40,680 these prices are crazy for one T-shirt 8013 04:53:38,840 --> 04:53:41,878 design that is pretty awesome though 8014 04:53:40,680 --> 04:53:43,638 like I don't want anybody spending a 8015 04:53:41,878 --> 04:53:45,440 couple hundred bucks per design that's 8016 04:53:43,638 --> 04:53:49,680 ridiculous uh we're going to be spending 8017 04:53:45,440 --> 04:53:52,160 like $30 to $50 for the AI accounts if 8018 04:53:49,680 --> 04:53:54,680 that so down the line if you have a very 8019 04:53:52,160 --> 04:53:56,760 specific design in mind then this could 8020 04:53:54,680 --> 04:53:58,760 be a good direction to go or go with 8021 04:53:56,760 --> 04:54:02,280 somebody who's super cheap let's see if 8022 04:53:58,760 --> 04:54:04,760 there even are budget value apply okay 8023 04:54:02,280 --> 04:54:06,878 so like these people I'll create a a 8024 04:54:04,760 --> 04:54:08,920 custom T-shirt design using AI so 8025 04:54:06,878 --> 04:54:11,878 they're basically just using mid journey 8026 04:54:08,920 --> 04:54:14,360 and they'll do it for 15 bucks or 8027 04:54:11,878 --> 04:54:16,680 $7.50 per design so you can go that 8028 04:54:14,360 --> 04:54:18,200 route and hire these people yeah for the 8029 04:54:16,680 --> 04:54:19,840 record I've worked with all kinds of 8030 04:54:18,200 --> 04:54:22,280 people from these platforms a lot of 8031 04:54:19,840 --> 04:54:24,558 them are good some of them not so much 8032 04:54:22,280 --> 04:54:27,040 and before AI came along this was the 8033 04:54:24,558 --> 04:54:29,080 only path like the only option we really 8034 04:54:27,040 --> 04:54:31,160 had I've spent tens of thousands of 8035 04:54:29,080 --> 04:54:33,320 dollars on designers over the years and 8036 04:54:31,160 --> 04:54:35,320 it's one it's expensive but two it's a 8037 04:54:33,320 --> 04:54:36,680 slow process cuz once you really start 8038 04:54:35,320 --> 04:54:38,558 working with a designer you would get 8039 04:54:36,680 --> 04:54:40,400 off of these platforms and just add them 8040 04:54:38,558 --> 04:54:42,280 to like your trell board or slack but 8041 04:54:40,400 --> 04:54:43,840 once you submit an idea to them it'll 8042 04:54:42,280 --> 04:54:45,600 take them a couple days to even pick it 8043 04:54:43,840 --> 04:54:47,160 up and start working on it another 8044 04:54:45,600 --> 04:54:48,718 couple days for them to get back to you 8045 04:54:47,160 --> 04:54:51,040 with the first draft then you give 8046 04:54:48,718 --> 04:54:53,200 feedback on the draft and then they go 8047 04:54:51,040 --> 04:54:55,520 back make revisions maybe a second round 8048 04:54:53,200 --> 04:54:57,120 of revisions maybe even a third and then 8049 04:54:55,520 --> 04:54:59,200 finally you're done and once that's all 8050 04:54:57,120 --> 04:55:01,680 said and done it's 2 to 3 weeks and 8051 04:54:59,200 --> 04:55:03,920 that's for one design so it's can't 8052 04:55:01,680 --> 04:55:05,718 emphasize enough how advantageous it is 8053 04:55:03,920 --> 04:55:07,160 for us to be able to use AI nowadays 8054 04:55:05,718 --> 04:55:08,480 that and for anybody who thinks like 8055 04:55:07,160 --> 04:55:10,360 it's too good to be true the print autom 8056 04:55:08,480 --> 04:55:12,080 man can be this lucrative it it's not 8057 04:55:10,360 --> 04:55:15,240 not because it used to take this much 8058 04:55:12,080 --> 04:55:17,280 work it used to be like very challenging 8059 04:55:15,240 --> 04:55:19,000 like yoga stay it took us at least a 8060 04:55:17,280 --> 04:55:20,400 month to get all those original designs 8061 04:55:19,000 --> 04:55:21,878 together and we just did 50 when we 8062 04:55:20,400 --> 04:55:23,400 first launched that's one route is 8063 04:55:21,878 --> 04:55:24,958 hiring designers if you have something 8064 04:55:23,400 --> 04:55:27,760 super specific in mind or if you just 8065 04:55:24,958 --> 04:55:30,760 don't feel like figuring out AI then you 8066 04:55:27,760 --> 04:55:33,200 can go that route and the next option 8067 04:55:30,760 --> 04:55:35,240 you have is design them yourself in Cana 8068 04:55:33,200 --> 04:55:38,280 or photoshop using a link somewhere 8069 04:55:35,240 --> 04:55:40,040 around this you can get a canva trial 8070 04:55:38,280 --> 04:55:43,200 but I'm going to create a design just to 8071 04:55:40,040 --> 04:55:44,480 show show you an example so canva has 8072 04:55:43,200 --> 04:55:45,520 gotten a lot better recently with 8073 04:55:44,480 --> 04:55:47,320 they're trying to get into print on 8074 04:55:45,520 --> 04:55:49,400 demand so they have a lot of like 8075 04:55:47,320 --> 04:55:51,920 presets and stuff that you can choose 8076 04:55:49,400 --> 04:55:54,558 from but what this would look like is if 8077 04:55:51,920 --> 04:55:56,600 I let's see if there's any 8078 04:55:54,558 --> 04:55:57,920 flowers yeah so they have some flower 8079 04:55:56,600 --> 04:56:00,040 ones the problem with this is that 8080 04:55:57,920 --> 04:56:01,360 everybody has access to these same 8081 04:56:00,040 --> 04:56:02,958 that's actually another interesting I'm 8082 04:56:01,360 --> 04:56:05,400 going to try that everybody has access 8083 04:56:02,958 --> 04:56:07,718 to these same design so they're pretty 8084 04:56:05,400 --> 04:56:09,920 generic a lot of times but I would just 8085 04:56:07,718 --> 04:56:11,280 choose from one of their templates do 8086 04:56:09,920 --> 04:56:13,718 share 8087 04:56:11,280 --> 04:56:17,280 download transparent background and I 8088 04:56:13,718 --> 04:56:18,558 would do a SVG the reason I'm not going 8089 04:56:17,280 --> 04:56:20,320 too in depth on this is that we're not 8090 04:56:18,558 --> 04:56:24,040 going to be using this as our primary 8091 04:56:20,320 --> 04:56:26,000 way of making designs but we can do that 8092 04:56:24,040 --> 04:56:27,240 let's make one more I like the design 8093 04:56:26,000 --> 04:56:29,798 without the 8094 04:56:27,240 --> 04:56:33,840 text we're going to we're going to go 8095 04:56:29,798 --> 04:56:35,400 with this download SVG and we'll talk 8096 04:56:33,840 --> 04:56:39,040 all about the different file types later 8097 04:56:35,400 --> 04:56:41,240 but the reason we do SVG is that in most 8098 04:56:39,040 --> 04:56:42,798 cases it's the best file format for 8099 04:56:41,240 --> 04:56:45,400 print on demand and then a way that 8100 04:56:42,798 --> 04:56:48,840 you're able to like kind of spice up 8101 04:56:45,400 --> 04:56:51,520 some of these designs is by using a site 8102 04:56:48,840 --> 04:56:53,160 like flat icon so flat icon you can find 8103 04:56:51,520 --> 04:56:54,798 all kinds of different little graphics 8104 04:56:53,160 --> 04:56:57,440 and stuff that artists have uploaded 8105 04:56:54,798 --> 04:56:59,480 stickers whatever you want and then you 8106 04:56:57,440 --> 04:57:02,480 can download the SVG version of these 8107 04:56:59,480 --> 04:57:04,320 and then use them in your canva file all 8108 04:57:02,480 --> 04:57:06,080 right so that's how you can use canva to 8109 04:57:04,320 --> 04:57:08,280 create designs again I'm just showing it 8110 04:57:06,080 --> 04:57:10,320 so you're aware of the different options 8111 04:57:08,280 --> 04:57:12,878 but obviously I'm not artistic if if you 8112 04:57:10,320 --> 04:57:14,520 love Photoshop then great go for it but 8113 04:57:12,878 --> 04:57:17,200 for me I want to do something that's 8114 04:57:14,520 --> 04:57:18,920 super scalable and allows me to make 100 8115 04:57:17,200 --> 04:57:21,280 designs as quickly as possible so I can 8116 04:57:18,920 --> 04:57:23,480 get up and testing and not get analysis 8117 04:57:21,280 --> 04:57:25,558 paralysis and sit there tweaking all day 8118 04:57:23,480 --> 04:57:27,840 long so designing a canv is one option 8119 04:57:25,558 --> 04:57:29,798 next option which like I said is good 8120 04:57:27,840 --> 04:57:33,120 for augmenting a collection not 8121 04:57:29,798 --> 04:57:35,400 necessarily for carrying it is by buying 8122 04:57:33,120 --> 04:57:37,798 design so you can go to sites like this 8123 04:57:35,400 --> 04:57:40,638 hack first so if you go to Google and 8124 04:57:37,798 --> 04:57:42,320 you search for spring 8125 04:57:40,638 --> 04:57:43,878 graphic 8126 04:57:42,320 --> 04:57:47,280 t-shirt 8127 04:57:43,878 --> 04:57:48,878 designs so you search like that and then 8128 04:57:47,280 --> 04:57:51,840 the way we can filter it so that it 8129 04:57:48,878 --> 04:57:54,680 shows us designs that are available for 8130 04:57:51,840 --> 04:57:56,040 sale or for us to use is if you go to 8131 04:57:54,680 --> 04:57:59,680 tools 8132 04:57:56,040 --> 04:58:02,480 Advanced then usage rights then free to 8133 04:57:59,680 --> 04:58:04,440 use or share even commercially then 8134 04:58:02,480 --> 04:58:06,718 advanced search it's going to filter out 8135 04:58:04,440 --> 04:58:09,360 a lot but what it's showing you now are 8136 04:58:06,718 --> 04:58:11,878 designs and styles that we could use 8137 04:58:09,360 --> 04:58:14,040 these images let's go to images so any 8138 04:58:11,878 --> 04:58:16,000 of these patterns like that is 8139 04:58:14,040 --> 04:58:18,400 licensable this is a way to see if we 8140 04:58:16,000 --> 04:58:22,480 just went to and did a normal Google 8141 04:58:18,400 --> 04:58:24,558 search spring graphic t-shirt designs 8142 04:58:22,480 --> 04:58:26,320 went to images all of these we can't use 8143 04:58:24,558 --> 04:58:28,520 these are owned by other people but then 8144 04:58:26,320 --> 04:58:31,080 if we filter the usage rights to 8145 04:58:28,520 --> 04:58:33,680 commercial use only then we can actually 8146 04:58:31,080 --> 04:58:35,638 use them but this is a perfect segue to 8147 04:58:33,680 --> 04:58:37,920 the next point is in these search 8148 04:58:35,638 --> 04:58:40,600 results you'll find sites like these 8149 04:58:37,920 --> 04:58:44,440 like vect easy where what this is doing 8150 04:58:40,600 --> 04:58:46,320 is selling a package or a bundle of 8151 04:58:44,440 --> 04:58:48,200 different designs normally they're like 8152 04:58:46,320 --> 04:58:50,280 pretty similar they're not like overly 8153 04:58:48,200 --> 04:58:51,480 unique or anything but that's why I said 8154 04:58:50,280 --> 04:58:54,160 they're good for augmenting your 8155 04:58:51,480 --> 04:58:57,080 collection and if you're at like 50 or 8156 04:58:54,160 --> 04:58:59,280 60 like quality designs and you just 8157 04:58:57,080 --> 04:59:01,080 want to like quickly build out the rest 8158 04:58:59,280 --> 04:59:03,200 of the The Collection then you can buy a 8159 04:59:01,080 --> 04:59:05,638 pack like this so here's a ton of 8160 04:59:03,200 --> 04:59:08,520 different examples let's see if there's 8161 04:59:05,638 --> 04:59:10,638 I'm sure there's a ton of flowers yeah 8162 04:59:08,520 --> 04:59:13,000 so all of these some these are actually 8163 04:59:10,638 --> 04:59:15,280 pretty good but selflove club that could 8164 04:59:13,000 --> 04:59:17,638 be interesting say that I like this 8165 04:59:15,280 --> 04:59:21,080 design can pay 12 bucks for that one 8166 04:59:17,638 --> 04:59:24,080 image wow or 290 charge okay this site 8167 04:59:21,080 --> 04:59:27,200 is not let's go to the normal one let's 8168 04:59:24,080 --> 04:59:29,240 go to free pick here's so free pick has 8169 04:59:27,200 --> 04:59:31,760 a bunch of designs that I can buy Go 8170 04:59:29,240 --> 04:59:34,160 premium yeah so I get if I just get one 8171 04:59:31,760 --> 04:59:37,000 membership here one subscription then I 8172 04:59:34,160 --> 04:59:39,360 can download as many as I want download 8173 04:59:37,000 --> 04:59:41,000 a bunch of these some of these are cool 8174 04:59:39,360 --> 04:59:43,200 but the only problems that they're not 8175 04:59:41,000 --> 04:59:45,440 unique or original and also none of 8176 04:59:43,200 --> 04:59:50,160 these really fit what we saw the best 8177 04:59:45,440 --> 04:59:53,520 sellers doing on Etsy and Amazon like I 8178 04:59:50,160 --> 04:59:55,160 wouldn't just launch like these by 8179 04:59:53,520 --> 04:59:56,520 themselves and then design bundles this 8180 04:59:55,160 --> 04:59:59,120 is probably the one that's the most 8181 04:59:56,520 --> 05:00:02,240 applicable for augmenting a collection 8182 04:59:59,120 --> 05:00:06,718 because you can uh just go 8183 05:00:02,240 --> 05:00:09,600 up here type in 8184 05:00:06,718 --> 05:00:11,638 flower flower t-shirt designs or 8185 05:00:09,600 --> 05:00:13,360 whatever your niches yeah here's a prime 8186 05:00:11,638 --> 05:00:15,638 example it gives us a ton of basically 8187 05:00:13,360 --> 05:00:17,840 the exact same design just with slight 8188 05:00:15,638 --> 05:00:19,878 variations scroll down and let's see 8189 05:00:17,840 --> 05:00:21,440 what else they have sarcastic 8190 05:00:19,878 --> 05:00:23,600 sublimation that could actually be 8191 05:00:21,440 --> 05:00:25,638 interesting here's a bunch of butterfly 8192 05:00:23,600 --> 05:00:27,718 ones oh some of these could be good yeah 8193 05:00:25,638 --> 05:00:29,120 so we saw that the reason that this one 8194 05:00:27,718 --> 05:00:30,680 catches my eye is that when we were 8195 05:00:29,120 --> 05:00:33,120 doing our research we saw that positive 8196 05:00:30,680 --> 05:00:35,958 sayings were a common theme with spring 8197 05:00:33,120 --> 05:00:38,040 designs and then also butterflies and 8198 05:00:35,958 --> 05:00:39,638 colorful it has sunflowers so I'm 8199 05:00:38,040 --> 05:00:41,200 actually going to check this one out so 8200 05:00:39,638 --> 05:00:43,958 I'm going going 8201 05:00:41,200 --> 05:00:45,958 to let's do this on the right 8202 05:00:43,958 --> 05:00:48,600 browser so I'm actually going to buy 8203 05:00:45,958 --> 05:00:50,200 this one so I'm going to log in to 8204 05:00:48,600 --> 05:00:52,320 download for free maybe I don't even 8205 05:00:50,200 --> 05:00:55,160 have to buy it that'd be 8206 05:00:52,320 --> 05:00:56,400 sweet wow okay I was able to just 8207 05:00:55,160 --> 05:00:58,040 download it for free normally you have 8208 05:00:56,400 --> 05:01:01,080 to pay for 8209 05:00:58,040 --> 05:01:05,160 them so I open this up on my desktop 8210 05:01:01,080 --> 05:01:10,200 throw out the zip file let's see what we 8211 05:01:05,160 --> 05:01:14,240 got yeah not bad so we just got how many 8212 05:01:10,200 --> 05:01:16,480 is this like 14 15 16 designs completely 8213 05:01:14,240 --> 05:01:18,360 for free so if you're really Bond on a 8214 05:01:16,480 --> 05:01:20,638 budget or really struggling this is a 8215 05:01:18,360 --> 05:01:22,440 way to get some quick designs I don't 8216 05:01:20,638 --> 05:01:24,920 have high hopes for a lot of these to be 8217 05:01:22,440 --> 05:01:26,400 honest though because they're obviously 8218 05:01:24,920 --> 05:01:29,718 if they were amazing designs they 8219 05:01:26,400 --> 05:01:31,638 wouldn't be free to download but it is 8220 05:01:29,718 --> 05:01:33,000 enough to build out a collection but 8221 05:01:31,638 --> 05:01:36,280 these would not be the ones that I would 8222 05:01:33,000 --> 05:01:39,440 Bank on which is exactly why buying 8223 05:01:36,280 --> 05:01:41,798 designs is not our primary means of 8224 05:01:39,440 --> 05:01:43,200 Designing creation we went through each 8225 05:01:41,798 --> 05:01:47,520 of these we looked at the different 8226 05:01:43,200 --> 05:01:50,080 options to buy designs and 8227 05:01:47,520 --> 05:01:53,160 it saving all the designs through a 8228 05:01:50,080 --> 05:01:54,600 folder on our desktop and make mental 8229 05:01:53,160 --> 05:01:56,320 notes and not get emotionally attached 8230 05:01:54,600 --> 05:01:58,680 to your designs I'm going to talk about 8231 05:01:56,320 --> 05:02:01,360 that more when we're making designs but 8232 05:01:58,680 --> 05:02:03,200 it's yeah it's a numbers game I'm very 8233 05:02:01,360 --> 05:02:05,718 serious about I used to tell people 8234 05:02:03,200 --> 05:02:07,638 launch 50 and people were launching 20 8235 05:02:05,718 --> 05:02:09,480 now I'm saying launch 100 and I really 8236 05:02:07,638 --> 05:02:10,520 mean launch with 100 and you will thank 8237 05:02:09,480 --> 05:02:12,600 me later 8238 05:02:10,520 --> 05:02:14,798 people try to myself included when I 8239 05:02:12,600 --> 05:02:16,798 started we try to launch with as little 8240 05:02:14,798 --> 05:02:19,920 as humanly possible all right Chris says 8241 05:02:16,798 --> 05:02:22,120 100 but I'll do 70 or I'll do 50 and 8242 05:02:19,920 --> 05:02:23,638 then they launch their ads and the ads 8243 05:02:22,120 --> 05:02:25,360 do terribly and they're like what 8244 05:02:23,638 --> 05:02:27,440 happened like I followed all the ad set 8245 05:02:25,360 --> 05:02:29,200 up I'm like how many designs do you have 8246 05:02:27,440 --> 05:02:31,600 25 8247 05:02:29,200 --> 05:02:33,638 that's then they're like I filed all the 8248 05:02:31,600 --> 05:02:36,440 ads set up I'm like exactly that's great 8249 05:02:33,638 --> 05:02:38,040 you need more products like the uh 8250 05:02:36,440 --> 05:02:39,798 success of the entire business comes 8251 05:02:38,040 --> 05:02:41,638 down to the quality of your product at 8252 05:02:39,798 --> 05:02:43,200 calog that's why I'm showing you these 8253 05:02:41,638 --> 05:02:44,600 other options so you can build out 8254 05:02:43,200 --> 05:02:46,840 showing you these other options so that 8255 05:02:44,600 --> 05:02:48,958 there's no excuse for not having 100 8256 05:02:46,840 --> 05:02:51,000 designs now you can hire a designer you 8257 05:02:48,958 --> 05:02:52,958 can get a bunch for free to fill out the 8258 05:02:51,000 --> 05:02:54,440 collection but the way that we're 8259 05:02:52,958 --> 05:02:56,320 actually going to be doing this is with 8260 05:02:54,440 --> 05:02:58,340 AI which we're going to be covering in 8261 05:02:56,320 --> 05:03:06,830 detail coming up soon 8262 05:02:58,340 --> 05:03:06,830 [Music] 8263 05:03:08,910 --> 05:03:12,718 [Music] 8264 05:03:10,440 --> 05:03:14,718 now we're going to be using AI to 8265 05:03:12,718 --> 05:03:17,360 actually start generating our designs 8266 05:03:14,718 --> 05:03:19,638 and making our products and just to 8267 05:03:17,360 --> 05:03:21,718 recap for everybody we're making graphic 8268 05:03:19,638 --> 05:03:23,600 t-shirt designs based off of what we've 8269 05:03:21,718 --> 05:03:25,920 already seen is selling out in the 8270 05:03:23,600 --> 05:03:27,760 Market within the niche that we chose 8271 05:03:25,920 --> 05:03:29,480 that is something both were interested 8272 05:03:27,760 --> 05:03:31,958 in and we've seen that there's demand 8273 05:03:29,480 --> 05:03:34,160 for that market and we've covered how to 8274 05:03:31,958 --> 05:03:35,920 use like upwork and Fiverr to find 8275 05:03:34,160 --> 05:03:38,638 designers if you want which we've done 8276 05:03:35,920 --> 05:03:40,000 in the past but AI is an amazing tool 8277 05:03:38,638 --> 05:03:43,000 that we're going to get into right right 8278 05:03:40,000 --> 05:03:45,280 now and so the way that AI image 8279 05:03:43,000 --> 05:03:47,280 generation works at a very high level 8280 05:03:45,280 --> 05:03:50,440 it's very technical but all that we need 8281 05:03:47,280 --> 05:03:52,558 to know is we basically give the AI 8282 05:03:50,440 --> 05:03:55,080 basic text prompts essentially just 8283 05:03:52,558 --> 05:03:57,080 describe what we are looking for and 8284 05:03:55,080 --> 05:04:00,360 then it generates outputs at a very 8285 05:03:57,080 --> 05:04:03,000 basic level and as of today there are 8286 05:04:00,360 --> 05:04:06,840 three or four like main image generator 8287 05:04:03,000 --> 05:04:10,040 tools out there and they are mid Journey 8288 05:04:06,840 --> 05:04:15,798 Leonardo not Leonardo DiCaprio Leonardo 8289 05:04:10,040 --> 05:04:18,680 Ai idog and Dolly 3 and each of them has 8290 05:04:15,798 --> 05:04:20,718 their own pros and cons to them and what 8291 05:04:18,680 --> 05:04:23,160 we're going to do is go through each of 8292 05:04:20,718 --> 05:04:25,680 them and I'll briefly explain how they 8293 05:04:23,160 --> 05:04:28,040 work and what the best option is we're 8294 05:04:25,680 --> 05:04:30,840 going to take a demo of our software 8295 05:04:28,040 --> 05:04:34,120 that we've been building for 9 months 8296 05:04:30,840 --> 05:04:37,280 now invested over $100,000 into 8297 05:04:34,120 --> 05:04:39,840 development and it is meant to be the 8298 05:04:37,280 --> 05:04:41,718 premier AI image generation platform 8299 05:04:39,840 --> 05:04:43,920 form for print on demand sellers 8300 05:04:41,718 --> 05:04:46,080 specifically so what all of these other 8301 05:04:43,920 --> 05:04:49,120 platforms have done is they make amazing 8302 05:04:46,080 --> 05:04:51,480 models and but it's meant to generate 8303 05:04:49,120 --> 05:04:54,000 designs for every use case everything 8304 05:04:51,480 --> 05:04:56,558 under the sun anything you describe it 8305 05:04:54,000 --> 05:04:59,280 can make but it's not meant for anything 8306 05:04:56,558 --> 05:05:04,320 in particular so you can do everything 8307 05:04:59,280 --> 05:05:06,878 from like 3D objects to like really 8308 05:05:04,320 --> 05:05:09,718 ultra realistic images to like little 8309 05:05:06,878 --> 05:05:11,200 cartoons like this which is cool but as 8310 05:05:09,718 --> 05:05:12,920 print onand sellers there's very 8311 05:05:11,200 --> 05:05:15,558 specific types of designs as we're going 8312 05:05:12,920 --> 05:05:17,080 to see that we're trying to make and it 8313 05:05:15,558 --> 05:05:18,718 can be challenging using these different 8314 05:05:17,080 --> 05:05:21,160 platforms because they're just 8315 05:05:18,718 --> 05:05:23,798 generalist so our software which is 8316 05:05:21,160 --> 05:05:25,638 called Mystic is meant specifically for 8317 05:05:23,798 --> 05:05:27,558 print on demand sellers to make the best 8318 05:05:25,638 --> 05:05:30,120 designs possible and along with 8319 05:05:27,558 --> 05:05:32,160 everything else you could possibly need 8320 05:05:30,120 --> 05:05:34,480 and I could easily just show using 8321 05:05:32,160 --> 05:05:36,600 Mystic but I'm a firm believer that if 8322 05:05:34,480 --> 05:05:38,080 you actually believe in what you built 8323 05:05:36,600 --> 05:05:40,440 then you should be able to like 8324 05:05:38,080 --> 05:05:43,680 objectively show the audience all the 8325 05:05:40,440 --> 05:05:45,520 options and be able to objectively say 8326 05:05:43,680 --> 05:05:46,840 why your product is the best so that's 8327 05:05:45,520 --> 05:05:48,718 exactly what we're going to do going to 8328 05:05:46,840 --> 05:05:50,400 practice what I preach I'm going to show 8329 05:05:48,718 --> 05:05:52,680 each of these briefly we're going to 8330 05:05:50,400 --> 05:05:55,718 start off with Leonardo because that's 8331 05:05:52,680 --> 05:05:58,958 the one that's most suited for our use 8332 05:05:55,718 --> 05:06:00,680 case so here we are in Leonardo and you 8333 05:05:58,958 --> 05:06:03,920 can see they have a ton of different 8334 05:06:00,680 --> 05:06:05,920 features like canvas you can make videos 8335 05:06:03,920 --> 05:06:08,920 you can upscale you can train your own 8336 05:06:05,920 --> 05:06:11,600 models upload data sets uh they have an 8337 05:06:08,920 --> 05:06:14,360 API all kinds of stuff but you can see 8338 05:06:11,600 --> 05:06:16,160 people these are images that other users 8339 05:06:14,360 --> 05:06:19,558 have generated some of the stuff is 8340 05:06:16,160 --> 05:06:21,360 pretty amazing some of it is pretty odd 8341 05:06:19,558 --> 05:06:23,240 but what we're really looking for is 8342 05:06:21,360 --> 05:06:25,200 just how do we recreate the types of 8343 05:06:23,240 --> 05:06:27,878 designs that we're aiming for and again 8344 05:06:25,200 --> 05:06:29,920 these designs are the ones that we've 8345 05:06:27,878 --> 05:06:33,040 seen in the market sell pretty well like 8346 05:06:29,920 --> 05:06:35,480 how do we create mandala type designs or 8347 05:06:33,040 --> 05:06:37,120 how do we recreate animals made out of 8348 05:06:35,480 --> 05:06:39,360 flowers we're not trying to make 8349 05:06:37,120 --> 05:06:42,558 Leonardo da Vinci artwork I'm just going 8350 05:06:39,360 --> 05:06:44,040 to scroll through and see examples of so 8351 05:06:42,558 --> 05:06:46,480 like here's the design that could be 8352 05:06:44,040 --> 05:06:48,878 good it's like a watercolor of a fox and 8353 05:06:46,480 --> 05:06:50,760 up here you can see what the prompt was 8354 05:06:48,878 --> 05:06:52,600 that the user inputed in order to 8355 05:06:50,760 --> 05:06:54,400 generate it then you can also see the 8356 05:06:52,600 --> 05:06:56,440 negative prompt so the prompt is 8357 05:06:54,400 --> 05:06:58,280 basically what you're telling the AI to 8358 05:06:56,440 --> 05:07:00,120 generate the negative prompt is what 8359 05:06:58,280 --> 05:07:03,280 you're telling it not to generate down 8360 05:07:00,120 --> 05:07:06,400 here you have the resolution data is 8361 05:07:03,280 --> 05:07:07,920 created the pipeline and the model that 8362 05:07:06,400 --> 05:07:09,878 they used and then down here you have 8363 05:07:07,920 --> 05:07:13,520 some more related images so so if we 8364 05:07:09,878 --> 05:07:15,280 were to say try and recreate this image 8365 05:07:13,520 --> 05:07:17,080 we just hit remix we're just going to 8366 05:07:15,280 --> 05:07:19,040 generate get an example and I selected 8367 05:07:17,080 --> 05:07:21,840 four Images so that's what it's doing 8368 05:07:19,040 --> 05:07:23,638 and see how long it's taken so it just 8369 05:07:21,840 --> 05:07:26,680 return these outputs it does four 8370 05:07:23,638 --> 05:07:29,520 variations of basically the same design 8371 05:07:26,680 --> 05:07:31,320 if we click into one then we can see 8372 05:07:29,520 --> 05:07:34,040 each of them are pretty good it's very 8373 05:07:31,320 --> 05:07:36,000 consistent with what we originally saw 8374 05:07:34,040 --> 05:07:37,680 so now let's analyze like how did they 8375 05:07:36,000 --> 05:07:39,840 do that how did the original person 8376 05:07:37,680 --> 05:07:41,920 whoever made this original design how 8377 05:07:39,840 --> 05:07:44,558 did they come up with that prompt so the 8378 05:07:41,920 --> 05:07:47,280 prompt is high quality logo style 8379 05:07:44,558 --> 05:07:49,200 watercolor powerful colorful fox face 8380 05:07:47,280 --> 05:07:52,080 logo facing forward monochrome 8381 05:07:49,200 --> 05:07:54,280 Background by yasara so that's an artist 8382 05:07:52,080 --> 05:07:56,200 name awesome full color so as you can 8383 05:07:54,280 --> 05:07:59,160 see it just seems like complete 8384 05:07:56,200 --> 05:08:01,878 gibberish which that's how most of these 8385 05:07:59,160 --> 05:08:04,718 AI tools work is just by stringing 8386 05:08:01,878 --> 05:08:06,520 together a bunch of descriptions and 8387 05:08:04,718 --> 05:08:08,360 letting the AI figure out like what to 8388 05:08:06,520 --> 05:08:09,958 make from it and then for their I'm not 8389 05:08:08,360 --> 05:08:11,680 going to read all of this but for their 8390 05:08:09,958 --> 05:08:13,160 negative prompts that's the thing about 8391 05:08:11,680 --> 05:08:15,200 Leonardo and a couple of the other ones 8392 05:08:13,160 --> 05:08:16,600 we'll look at it's not just telling it 8393 05:08:15,200 --> 05:08:20,400 what you want it's also telling it what 8394 05:08:16,600 --> 05:08:22,160 you don't want they wrote nude NSFW text 8395 05:08:20,400 --> 05:08:23,878 letters too many feet too many fingers 8396 05:08:22,160 --> 05:08:25,600 long neck two heads blah blah blah goes 8397 05:08:23,878 --> 05:08:27,480 on and on they basically just copy and 8398 05:08:25,600 --> 05:08:28,760 paste this for every prompt every time 8399 05:08:27,480 --> 05:08:30,718 they generate they don't really change 8400 05:08:28,760 --> 05:08:33,120 it too much looking at the designs that 8401 05:08:30,718 --> 05:08:35,440 we took pictures of if I want to try to 8402 05:08:33,120 --> 05:08:38,400 create something like like these 8403 05:08:35,440 --> 05:08:39,958 butterflies like butterflies white 8404 05:08:38,400 --> 05:08:42,798 flying away 8405 05:08:39,958 --> 05:08:46,520 let's see if we can high quality logo 8406 05:08:42,798 --> 05:08:48,718 style okay so we'll change this to White 8407 05:08:46,520 --> 05:08:50,440 powerful colorful I don't know who that 8408 05:08:48,718 --> 05:08:54,000 artist is so I'm just going to turn that 8409 05:08:50,440 --> 05:08:56,160 off and then it uses 32 tokens so you 8410 05:08:54,000 --> 05:08:57,840 can see we have what 10,000 so we can 8411 05:08:56,160 --> 05:09:00,240 generate a good amount of images all of 8412 05:08:57,840 --> 05:09:01,958 these platforms are pretty similarly 8413 05:09:00,240 --> 05:09:04,000 priced it just comes down to what 8414 05:09:01,958 --> 05:09:07,280 additional features they have so here 8415 05:09:04,000 --> 05:09:09,120 you see prime example of the challenge 8416 05:09:07,280 --> 05:09:11,400 with using a lot of these other image 8417 05:09:09,120 --> 05:09:12,920 tools is they are not tuned to make 8418 05:09:11,400 --> 05:09:15,160 t-shirt design specifically and a 8419 05:09:12,920 --> 05:09:16,920 t-shirt design or other print on demand 8420 05:09:15,160 --> 05:09:18,958 designs we want it to be centered 8421 05:09:16,920 --> 05:09:20,718 isolated on white background we don't 8422 05:09:18,958 --> 05:09:22,680 want it to be getting cut off we're not 8423 05:09:20,718 --> 05:09:25,200 looking for just a picture we're looking 8424 05:09:22,680 --> 05:09:26,600 for something like this which in order 8425 05:09:25,200 --> 05:09:29,600 to make something like this you have to 8426 05:09:26,600 --> 05:09:31,440 use a very specific type of prompt and 8427 05:09:29,600 --> 05:09:33,638 you can see even though we basically 8428 05:09:31,440 --> 05:09:35,280 just recreated this prompt but trying to 8429 05:09:33,638 --> 05:09:37,878 change it to a different subject it 8430 05:09:35,280 --> 05:09:40,558 completely changed the output like this 8431 05:09:37,878 --> 05:09:42,040 is completely unusable and nothing 8432 05:09:40,558 --> 05:09:45,000 against Leonardo that's how we're going 8433 05:09:42,040 --> 05:09:48,400 to see all of these are what if we try 8434 05:09:45,000 --> 05:09:50,920 t-shirt style white color then what if 8435 05:09:48,400 --> 05:09:52,480 we try improve prompt all right never 8436 05:09:50,920 --> 05:09:54,840 tried that before so let's see it it 8437 05:09:52,480 --> 05:09:57,040 looks like it just took what I wrote and 8438 05:09:54,840 --> 05:09:59,718 made it longer basically that's not a 8439 05:09:57,040 --> 05:10:04,040 t-shirt design okay let's try something 8440 05:09:59,718 --> 05:10:06,120 else let's try mandala white background 8441 05:10:04,040 --> 05:10:07,878 something simple something we can't 8442 05:10:06,120 --> 05:10:10,718 possibly mess up all right so here's our 8443 05:10:07,878 --> 05:10:13,040 Mandala on a white white background yeah 8444 05:10:10,718 --> 05:10:14,840 so it's not idea but okay so say that we 8445 05:10:13,040 --> 05:10:17,600 did for example sake say that we did 8446 05:10:14,840 --> 05:10:19,200 like this design say that it somehow 8447 05:10:17,600 --> 05:10:20,680 looks like one of these that we're 8448 05:10:19,200 --> 05:10:22,840 trying I was trying to make something 8449 05:10:20,680 --> 05:10:25,920 like that but anyway say that we did 8450 05:10:22,840 --> 05:10:29,000 like this we would then uh download the 8451 05:10:25,920 --> 05:10:32,040 image and then we would have to like 8452 05:10:29,000 --> 05:10:34,000 remove it remove the background upscale 8453 05:10:32,040 --> 05:10:36,040 it and then come up with a title and 8454 05:10:34,000 --> 05:10:37,840 description and then upload it to 8455 05:10:36,040 --> 05:10:39,920 printify eventually that's basically the 8456 05:10:37,840 --> 05:10:42,440 rest of the workflow but you just saw 8457 05:10:39,920 --> 05:10:44,080 how this was the process to come up with 8458 05:10:42,440 --> 05:10:47,400 the only good design I was able to make 8459 05:10:44,080 --> 05:10:49,600 was this person's and I was just 8460 05:10:47,400 --> 05:10:51,480 recreating what they did so that's 8461 05:10:49,600 --> 05:10:53,520 there's people that spend a lot of time 8462 05:10:51,480 --> 05:10:55,638 getting really good at prompting and 8463 05:10:53,520 --> 05:10:57,878 that's how you get great outputs but 8464 05:10:55,638 --> 05:11:00,680 let's take a look at another one that's 8465 05:10:57,878 --> 05:11:04,520 a little bit simpler let's go to 8466 05:11:00,680 --> 05:11:06,400 idiogram so idiogram is better at like 8467 05:11:04,520 --> 05:11:09,718 text generation than some of the other 8468 05:11:06,400 --> 05:11:11,718 models so it's very like clean simple 8469 05:11:09,718 --> 05:11:13,360 layout sorting again we're looking at 8470 05:11:11,718 --> 05:11:16,200 what other people have made let's try to 8471 05:11:13,360 --> 05:11:18,798 find one that's similar to t-shirt 8472 05:11:16,200 --> 05:11:20,360 design these are all like very cartoony 8473 05:11:18,798 --> 05:11:22,000 okay this one's pretty good I click on 8474 05:11:20,360 --> 05:11:23,718 it I can see the other variations that 8475 05:11:22,000 --> 05:11:25,320 it came up with this one's definitely 8476 05:11:23,718 --> 05:11:27,440 the best then you can also see the 8477 05:11:25,320 --> 05:11:29,280 prompt that they used and something 8478 05:11:27,440 --> 05:11:30,958 that's different is they not quite 8479 05:11:29,280 --> 05:11:33,840 cheating but they got a really good 8480 05:11:30,958 --> 05:11:35,000 output because they uploaded an example 8481 05:11:33,840 --> 05:11:38,080 and then they were basically just 8482 05:11:35,000 --> 05:11:41,120 telling the AI to recreate this exact 8483 05:11:38,080 --> 05:11:42,920 design so that one doesn't quite count 8484 05:11:41,120 --> 05:11:45,558 let's look at this one this one's cool 8485 05:11:42,920 --> 05:11:48,480 striking ink art masterpiece okay let's 8486 05:11:45,558 --> 05:11:51,718 try this one remix but first let's just 8487 05:11:48,480 --> 05:11:54,280 see if we can get it to recreate that at 8488 05:11:51,718 --> 05:11:56,160 all so it recreated the exact design 8489 05:11:54,280 --> 05:11:57,558 like how long the prompts are that 8490 05:11:56,160 --> 05:11:58,958 people are writing I don't know how 8491 05:11:57,558 --> 05:12:01,440 people come up with this I know some 8492 05:11:58,958 --> 05:12:03,360 people use AI to come up with e prompts 8493 05:12:01,440 --> 05:12:04,920 easier but still a lot okay now I'm 8494 05:12:03,360 --> 05:12:10,280 going to try to make 8495 05:12:04,920 --> 05:12:12,520 our uh colorful flowers 8496 05:12:10,280 --> 05:12:15,360 on a white 8497 05:12:12,520 --> 05:12:17,160 background magic prompt on using their 8498 05:12:15,360 --> 05:12:19,040 latest model so they have some art 8499 05:12:17,160 --> 05:12:20,840 styles down here that I can choose from 8500 05:12:19,040 --> 05:12:23,200 try vibrant probably should have wrote 8501 05:12:20,840 --> 05:12:27,798 t-shirt design I'll do that next okay so 8502 05:12:23,200 --> 05:12:29,840 it did make colorful flowers on a white 8503 05:12:27,798 --> 05:12:33,558 background but I think this one was on 8504 05:12:29,840 --> 05:12:36,440 me I think I need to do t-shirt design 8505 05:12:33,558 --> 05:12:38,638 okay so it I wrote t-shirt design white 8506 05:12:36,440 --> 05:12:40,320 background I think my prompt just needs 8507 05:12:38,638 --> 05:12:41,878 to get a lot more detailed all right I'm 8508 05:12:40,320 --> 05:12:44,040 going to give this one more shot looking 8509 05:12:41,878 --> 05:12:45,400 for a good t-shirt design too and the 8510 05:12:44,040 --> 05:12:47,360 reason I'm looking for a good design is 8511 05:12:45,400 --> 05:12:49,600 I want to be able to just easily 8512 05:12:47,360 --> 05:12:53,440 hopefully easily replicate whatever they 8513 05:12:49,600 --> 05:12:55,520 did okay so design of Sunset Beach it's 8514 05:12:53,440 --> 05:12:57,718 very detail I want like a simple cuz I'm 8515 05:12:55,520 --> 05:12:59,798 not going to recreate all that yeah not 8516 05:12:57,718 --> 05:13:01,638 many people are using idiogram for 8517 05:12:59,798 --> 05:13:03,400 t-shirt designs it looks like there's 8518 05:13:01,638 --> 05:13:06,000 some here and there there are some cool 8519 05:13:03,400 --> 05:13:08,000 designs though create an illustration it 8520 05:13:06,000 --> 05:13:09,680 seems like this guy has some stuff in 8521 05:13:08,000 --> 05:13:12,200 here that create an illust an 8522 05:13:09,680 --> 05:13:15,558 illustration t-shirt design inspired by 8523 05:13:12,200 --> 05:13:17,600 flowers Factor illustration of 8524 05:13:15,558 --> 05:13:19,958 a 8525 05:13:17,600 --> 05:13:21,920 sunflower optimize for bold lines and 8526 05:13:19,958 --> 05:13:23,718 Viber colors with a white background 8527 05:13:21,920 --> 05:13:24,878 yeah okay that should be good definitely 8528 05:13:23,718 --> 05:13:26,120 better at least it's on a white 8529 05:13:24,878 --> 05:13:28,440 background at least this would be 8530 05:13:26,120 --> 05:13:30,760 something that's workable so for 8531 05:13:28,440 --> 05:13:32,200 idiogram if you include these keywords 8532 05:13:30,760 --> 05:13:34,320 create an illustration for a t-shirt 8533 05:13:32,200 --> 05:13:36,200 design then saying optimize for bold 8534 05:13:34,320 --> 05:13:37,760 lines and vibr colors blah blah blah 8535 05:13:36,200 --> 05:13:39,280 suitable for printing clean shape and 8536 05:13:37,760 --> 05:13:41,520 line white background for t-shir 8537 05:13:39,280 --> 05:13:42,840 printing so those are some good keywords 8538 05:13:41,520 --> 05:13:44,558 I'll include this prompt somewhere 8539 05:13:42,840 --> 05:13:47,320 around this video but those are some 8540 05:13:44,558 --> 05:13:50,200 good keywords to get an output that is 8541 05:13:47,320 --> 05:13:52,160 actually workable of a let's try mandala 8542 05:13:50,200 --> 05:13:54,558 the mandala one turned out pretty good 8543 05:13:52,160 --> 05:13:55,878 decent at least still not quite what 8544 05:13:54,558 --> 05:13:57,480 we're looking for and again this is just 8545 05:13:55,878 --> 05:13:58,680 so you have a frame of reference for all 8546 05:13:57,480 --> 05:14:01,360 tools available and you can make your 8547 05:13:58,680 --> 05:14:03,718 own decision so then if we like this one 8548 05:14:01,360 --> 05:14:05,638 we would hit download it would then save 8549 05:14:03,718 --> 05:14:09,440 it to your desktop and then we would go 8550 05:14:05,638 --> 05:14:12,280 to a site like clip drop and go to to 8551 05:14:09,440 --> 05:14:16,160 remove background upload remove 8552 05:14:12,280 --> 05:14:17,920 background download and then you go to 8553 05:14:16,160 --> 05:14:20,958 PNG 8554 05:14:17,920 --> 05:14:22,798 SVG and we would upload our photo wow 8555 05:14:20,958 --> 05:14:25,878 this takes a while but this is a so 8556 05:14:22,798 --> 05:14:27,840 we're turning it into a uh Vector file 8557 05:14:25,878 --> 05:14:29,520 which is we'll talk about these more 8558 05:14:27,840 --> 05:14:31,280 when we start uploading on to printify 8559 05:14:29,520 --> 05:14:32,878 but these are the types of files that 8560 05:14:31,280 --> 05:14:34,958 you want to be using because they can be 8561 05:14:32,878 --> 05:14:37,080 scaled up or scaled down uh to any 8562 05:14:34,958 --> 05:14:39,360 Dimension without losing quality but 8563 05:14:37,080 --> 05:14:42,040 this is the free route uh there's some 8564 05:14:39,360 --> 05:14:43,958 paid tools out there for the SVG 8565 05:14:42,040 --> 05:14:45,920 conversion but you would use a tool like 8566 05:14:43,958 --> 05:14:48,520 clip drop and then if you have to make 8567 05:14:45,920 --> 05:14:51,840 some changes to your design you would go 8568 05:14:48,520 --> 05:14:54,200 to a site like Photo which is a free 8569 05:14:51,840 --> 05:14:56,520 photo editor or you can also use canva 8570 05:14:54,200 --> 05:14:58,280 and you would upload your design and 8571 05:14:56,520 --> 05:15:00,638 then you have to spend a little bit of 8572 05:14:58,280 --> 05:15:02,400 time learning how to use the software 8573 05:15:00,638 --> 05:15:05,680 you can do pretty much everything in 8574 05:15:02,400 --> 05:15:07,638 here you can do uh in Photoshop so you 8575 05:15:05,680 --> 05:15:09,798 can add text if you want to you can say 8576 05:15:07,638 --> 05:15:12,718 you didn't like these like little red 8577 05:15:09,798 --> 05:15:14,680 dots go around and remove them all just 8578 05:15:12,718 --> 05:15:16,320 takes a little bit of effort to do this 8579 05:15:14,680 --> 05:15:17,480 but those are the tools that you would 8580 05:15:16,320 --> 05:15:19,638 use if you're trying to do this 8581 05:15:17,480 --> 05:15:21,360 completely for free and if you have some 8582 05:15:19,638 --> 05:15:23,760 changes that you want to make all right 8583 05:15:21,360 --> 05:15:26,000 two more tools look at next is mid 8584 05:15:23,760 --> 05:15:28,320 Journey which this is one that you may 8585 05:15:26,000 --> 05:15:30,638 have heard of but it's pretty popular so 8586 05:15:28,320 --> 05:15:32,718 they did just launch their online 8587 05:15:30,638 --> 05:15:35,080 feature for some people normally you 8588 05:15:32,718 --> 05:15:37,200 have to use this in Discord which can be 8589 05:15:35,080 --> 05:15:39,400 a little bit of a pain but let's try it 8590 05:15:37,200 --> 05:15:43,120 so mandala 8591 05:15:39,400 --> 05:15:46,040 t-shirt design see what we get okay 8592 05:15:43,120 --> 05:15:48,240 couple of them look good so this is 8593 05:15:46,040 --> 05:15:50,400 something that is pretty common with 8594 05:15:48,240 --> 05:15:52,360 these AI tools is it'll print it 8595 05:15:50,400 --> 05:15:54,360 actually on a t-shirt which obviously we 8596 05:15:52,360 --> 05:15:56,120 don't want but this one's not bad 8597 05:15:54,360 --> 05:15:58,878 something that that helps is if you 8598 05:15:56,120 --> 05:16:02,200 don't say specifically a T-shirt and if 8599 05:15:58,878 --> 05:16:06,240 you just say like vector art centered 8600 05:16:02,200 --> 05:16:08,600 and isolated on a white background say 8601 05:16:06,240 --> 05:16:10,520 colorful mandala and then here you can 8602 05:16:08,600 --> 05:16:12,920 choose if you want it to be more 8603 05:16:10,520 --> 05:16:15,080 stylized which version or model I always 8604 05:16:12,920 --> 05:16:17,760 just use the most recent version then 8605 05:16:15,080 --> 05:16:19,920 standard versus Raw weirdness I've never 8606 05:16:17,760 --> 05:16:21,558 played with these but uh yeah let's see 8607 05:16:19,920 --> 05:16:23,600 what this gives us and while that's 8608 05:16:21,558 --> 05:16:25,878 happening let's go take a look at what 8609 05:16:23,600 --> 05:16:28,080 are the most like design oh these are 8610 05:16:25,878 --> 05:16:29,718 pretty cool create a vertical film green 8611 05:16:28,080 --> 05:16:32,400 yeah you see how detailed these prompts 8612 05:16:29,718 --> 05:16:35,160 are some people are very skilled at this 8613 05:16:32,400 --> 05:16:36,558 I love the Double Exposure art so that's 8614 05:16:35,160 --> 05:16:38,958 pretty cool all right let's see what our 8615 05:16:36,558 --> 05:16:40,558 design looks like all right not bad 8616 05:16:38,958 --> 05:16:42,760 right so if you're using mid Journey 8617 05:16:40,558 --> 05:16:44,760 just say Vector art centered and 8618 05:16:42,760 --> 05:16:47,440 isolated on a white background don't 8619 05:16:44,760 --> 05:16:49,798 specifically say t-shirt and you'll get 8620 05:16:47,440 --> 05:16:51,440 like much better outputs and then after 8621 05:16:49,798 --> 05:16:53,320 you've generated it they've added a 8622 05:16:51,440 --> 05:16:55,920 bunch of new features like if you want 8623 05:16:53,320 --> 05:16:57,958 to say you like this design a nice thing 8624 05:16:55,920 --> 05:17:01,798 that they have is you can upscale it in 8625 05:16:57,958 --> 05:17:04,080 here so this generates at I think 1024x 8626 05:17:01,798 --> 05:17:07,840 1024 but you can upscale it to be like 8627 05:17:04,080 --> 05:17:09,680 4K or larger uh or you can remix it so 8628 05:17:07,840 --> 05:17:12,240 say we wanted to change it slightly 8629 05:17:09,680 --> 05:17:14,840 remix very similar to what idiogram has 8630 05:17:12,240 --> 05:17:17,040 all these models generally work the same 8631 05:17:14,840 --> 05:17:20,638 so if you want to remix it and say make 8632 05:17:17,040 --> 05:17:23,520 like black and white say black mandala 8633 05:17:20,638 --> 05:17:25,440 now that's generating or you can do zoom 8634 05:17:23,520 --> 05:17:27,480 in or zoom out so we could like have it 8635 05:17:25,440 --> 05:17:29,440 zoom out on the image if you seen any of 8636 05:17:27,480 --> 05:17:31,240 those images that are like infinite Zoom 8637 05:17:29,440 --> 05:17:33,520 videos that's how they're doing it is 8638 05:17:31,240 --> 05:17:35,440 with this kind of zoom in zoom out 8639 05:17:33,520 --> 05:17:38,320 feature they just start with an initial 8640 05:17:35,440 --> 05:17:40,040 prompt and just keep clicking zoom out 8641 05:17:38,320 --> 05:17:41,320 and then they stitch them all together 8642 05:17:40,040 --> 05:17:43,680 which is cool all right now let's go 8643 05:17:41,320 --> 05:17:46,240 look at our Creations yeah so we typed 8644 05:17:43,680 --> 05:17:47,920 in Black mandala and it did exactly that 8645 05:17:46,240 --> 05:17:49,878 yeah then here's the zoom out so this 8646 05:17:47,920 --> 05:17:52,718 was the original image and then I hit 8647 05:17:49,878 --> 05:17:55,200 zoom out 2X and it doubled the size of 8648 05:17:52,718 --> 05:17:56,760 it and it tried to fill in around it 8649 05:17:55,200 --> 05:17:58,480 which you don't really need for 8650 05:17:56,760 --> 05:18:00,200 obviously you don't really need for like 8651 05:17:58,480 --> 05:18:02,240 t-shirt designs but it's just a cool 8652 05:18:00,200 --> 05:18:04,920 feature to to know about so that's it 8653 05:18:02,240 --> 05:18:07,000 for Mid journey and again if once you 8654 05:18:04,920 --> 05:18:10,280 get a design that you like you just sit 8655 05:18:07,000 --> 05:18:13,680 here and just keep typing more designs 8656 05:18:10,280 --> 05:18:16,558 and eventually you get up to 100 last 8657 05:18:13,680 --> 05:18:20,638 one we'll look at is Dolly 3 which is by 8658 05:18:16,558 --> 05:18:23,080 open AI so it's within chat GPT so you 8659 05:18:20,638 --> 05:18:26,320 can just write from chat GPT which is 8660 05:18:23,080 --> 05:18:29,760 nice you can tell it to make a t-shirt 8661 05:18:26,320 --> 05:18:31,558 design of a colorful mandala and then 8662 05:18:29,760 --> 05:18:33,400 instead of returning text it'll say 8663 05:18:31,558 --> 05:18:35,878 creating image yeah this is the thing 8664 05:18:33,400 --> 05:18:37,798 that always ends up happening it prints 8665 05:18:35,878 --> 05:18:39,240 it on a t-shirt which obviously we don't 8666 05:18:37,798 --> 05:18:43,558 want so I'm going to say 8667 05:18:39,240 --> 05:18:46,440 show just the design not the 8668 05:18:43,558 --> 05:18:48,200 T-shirt so now let's see how does it do 8669 05:18:46,440 --> 05:18:49,760 it yeah so the way that it got it to not 8670 05:18:48,200 --> 05:18:51,638 be on a t-shirt is it just doesn't 8671 05:18:49,760 --> 05:18:53,160 mention the word t-shirt at all which is 8672 05:18:51,638 --> 05:18:55,520 interesting but the way that the AI 8673 05:18:53,160 --> 05:18:57,400 models work as I understand it is that 8674 05:18:55,520 --> 05:18:58,760 they don't actually understand any of 8675 05:18:57,400 --> 05:19:00,718 the words that they're reading like they 8676 05:18:58,760 --> 05:19:02,840 have no idea like what a mandala is or 8677 05:19:00,718 --> 05:19:05,400 what a t-shirt is all of the models that 8678 05:19:02,840 --> 05:19:08,040 like have understanding of is they've 8679 05:19:05,400 --> 05:19:09,400 received an insane amount of data that's 8680 05:19:08,040 --> 05:19:13,440 just been dumped into them I'm going to 8681 05:19:09,400 --> 05:19:15,440 try something new to try just telling it 8682 05:19:13,440 --> 05:19:19,360 sunflower Vector 8683 05:19:15,440 --> 05:19:22,400 art white background okay that is 8684 05:19:19,360 --> 05:19:25,320 Sunflower Vector art let's try to make 8685 05:19:22,400 --> 05:19:28,958 I'm just going to describe this picture 8686 05:19:25,320 --> 05:19:31,160 colorful cat made out of 8687 05:19:28,958 --> 05:19:34,920 flowers white 8688 05:19:31,160 --> 05:19:37,520 background Vector art Ultra 8689 05:19:34,920 --> 05:19:39,760 detailed okay that's getting better now 8690 05:19:37,520 --> 05:19:42,240 let's see what this prompt so if I like 8691 05:19:39,760 --> 05:19:43,878 that design I would download it and then 8692 05:19:42,240 --> 05:19:46,360 go through the rest of the process that 8693 05:19:43,878 --> 05:19:48,320 we talked about so I would remove the 8694 05:19:46,360 --> 05:19:51,240 background if I want to make any changes 8695 05:19:48,320 --> 05:19:53,240 I would go into photo then I would turn 8696 05:19:51,240 --> 05:19:55,480 it into a vector file and I would come 8697 05:19:53,240 --> 05:19:56,958 up with the title and description and 8698 05:19:55,480 --> 05:19:59,240 then I would go into the next step which 8699 05:19:56,958 --> 05:20:00,600 is print ify so now that we've gotten a 8700 05:19:59,240 --> 05:20:02,400 lay of the land of each of these 8701 05:20:00,600 --> 05:20:04,000 different models which again they're 8702 05:20:02,400 --> 05:20:06,920 amazing in their own ways they're just 8703 05:20:04,000 --> 05:20:08,798 not built for our specific use case 8704 05:20:06,920 --> 05:20:10,878 which is why we're now going to be 8705 05:20:08,798 --> 05:20:12,760 looking at Mystic which is a software 8706 05:20:10,878 --> 05:20:14,360 that we've built specifically for print 8707 05:20:12,760 --> 05:20:15,840 on demand sellers but I want to make 8708 05:20:14,360 --> 05:20:17,680 sure that we covered these first so you 8709 05:20:15,840 --> 05:20:20,000 get a lay of the land you can see what 8710 05:20:17,680 --> 05:20:21,680 the competition is what your options are 8711 05:20:20,000 --> 05:20:23,400 make the decision for yourself hopefully 8712 05:20:21,680 --> 05:20:25,200 it'll be a pretty easy one that's been 8713 05:20:23,400 --> 05:20:27,440 my goal and as we've been building it 8714 05:20:25,200 --> 05:20:30,440 for the past 9 months and let's take a 8715 05:20:27,440 --> 05:20:30,440 look 8716 05:20:30,830 --> 05:20:40,718 [Music] 8717 05:20:39,200 --> 05:20:43,040 now we're going to take a look at Mystic 8718 05:20:40,718 --> 05:20:46,280 which is the software that myself and my 8719 05:20:43,040 --> 05:20:48,320 partner developed to be the premier AI 8720 05:20:46,280 --> 05:20:50,600 image generation tool specifically for 8721 05:20:48,320 --> 05:20:52,840 print on demand Sellers and nobody else 8722 05:20:50,600 --> 05:20:55,718 all the other models like mid Journey 8723 05:20:52,840 --> 05:20:58,798 idog Leonardo Dolly all of those are 8724 05:20:55,718 --> 05:21:01,638 designed for general image generation 8725 05:20:58,798 --> 05:21:04,000 and what we've done with Mystic is made 8726 05:21:01,638 --> 05:21:06,798 it specifically tailored to generating 8727 05:21:04,000 --> 05:21:09,760 t-shirt designs apparel canvases wall 8728 05:21:06,798 --> 05:21:12,000 art mugs phone cases all the products 8729 05:21:09,760 --> 05:21:13,920 that you would see on a common print on 8730 05:21:12,000 --> 05:21:17,440 demand store and we try to make it as 8731 05:21:13,920 --> 05:21:19,680 easy as possible to go from an idea for 8732 05:21:17,440 --> 05:21:22,080 a niche or a store to hundreds of 8733 05:21:19,680 --> 05:21:23,798 designs as quickly as possible and I 8734 05:21:22,080 --> 05:21:26,200 could tell you lots about it but instead 8735 05:21:23,798 --> 05:21:28,480 let's take a look and start using it to 8736 05:21:26,200 --> 05:21:30,520 make designs for seasonal collections in 8737 05:21:28,480 --> 05:21:31,920 Mystic when you log in you'll start off 8738 05:21:30,520 --> 05:21:33,840 with a free trial we give everybody 8739 05:21:31,920 --> 05:21:36,360 credit just try it out before you have 8740 05:21:33,840 --> 05:21:39,240 to plug in a card or anything but in the 8741 05:21:36,360 --> 05:21:40,798 UI in the it's a very simp simple layout 8742 05:21:39,240 --> 05:21:42,878 we want to give you exactly what you 8743 05:21:40,798 --> 05:21:45,558 need and nothing more you have here at 8744 05:21:42,878 --> 05:21:48,160 the top a prompt bar similar to other 8745 05:21:45,558 --> 05:21:50,360 prompt bars in the image generators but 8746 05:21:48,160 --> 05:21:52,680 the key difference here is what we have 8747 05:21:50,360 --> 05:21:54,958 to type in order to get a really good 8748 05:21:52,680 --> 05:21:56,558 t-shirt design result as we saw in the 8749 05:21:54,958 --> 05:21:59,680 other image generators we have to type 8750 05:21:56,558 --> 05:22:02,080 in like very detailed specific language 8751 05:21:59,680 --> 05:22:04,040 and all that just to get one good design 8752 05:22:02,080 --> 05:22:06,878 back instead what we're able to do here 8753 05:22:04,040 --> 05:22:09,760 is if I want to create say like this 8754 05:22:06,878 --> 05:22:12,400 mandala here all that I would type in is 8755 05:22:09,760 --> 05:22:14,080 mandala and then here we have the 8756 05:22:12,400 --> 05:22:16,920 product types to choose from so we have 8757 05:22:14,080 --> 05:22:19,520 t-shirt canvas mug phone cases stickers 8758 05:22:16,920 --> 05:22:21,958 tapestries and we've made our own models 8759 05:22:19,520 --> 05:22:24,200 that are specifically designed for these 8760 05:22:21,958 --> 05:22:25,558 products so we select t-shirt and then I 8761 05:22:24,200 --> 05:22:27,280 can choose from a bunch of different art 8762 05:22:25,558 --> 05:22:28,878 styles there's going to be a ton of 8763 05:22:27,280 --> 05:22:30,760 other art styles getting added these are 8764 05:22:28,878 --> 05:22:32,600 just a couple of examples and then the 8765 05:22:30,760 --> 05:22:34,680 cool thing is we can choose how many 8766 05:22:32,600 --> 05:22:36,360 designs we wanted to come up with so 8767 05:22:34,680 --> 05:22:37,958 just from the word mandala not even 8768 05:22:36,360 --> 05:22:40,320 having to tell it like on a plain 8769 05:22:37,958 --> 05:22:42,760 background or centered anything like 8770 05:22:40,320 --> 05:22:44,878 that we can just go ahead and hit 8771 05:22:42,760 --> 05:22:47,160 generate we can choose any number that 8772 05:22:44,878 --> 05:22:49,280 we want and the key piece to leave on is 8773 05:22:47,160 --> 05:22:51,760 the magic prompt cuz that's basically 8774 05:22:49,280 --> 05:22:54,040 what allows us to type in such simple 8775 05:22:51,760 --> 05:22:56,840 prompts here but I'm going to go ahead 8776 05:22:54,040 --> 05:22:58,878 and hit generate and let's see what we 8777 05:22:56,840 --> 05:23:01,798 come up with there we go so after a few 8778 05:22:58,878 --> 05:23:04,600 moments it's generated eight different 8779 05:23:01,798 --> 05:23:07,160 mandala type designs that are the 8780 05:23:04,600 --> 05:23:09,360 perfect setup and style for a t-shirt 8781 05:23:07,160 --> 05:23:11,600 now as you'll notice a big difference 8782 05:23:09,360 --> 05:23:13,760 between what Mystic is doing compared to 8783 05:23:11,600 --> 05:23:16,320 the other image generators is it's 8784 05:23:13,760 --> 05:23:19,360 coming up with its own angles and types 8785 05:23:16,320 --> 05:23:21,958 of styles for each design all just from 8786 05:23:19,360 --> 05:23:24,160 one word it gave us completely different 8787 05:23:21,958 --> 05:23:26,440 angles that we could try out and the 8788 05:23:24,160 --> 05:23:28,440 cool thing is that if we want to give it 8789 05:23:26,440 --> 05:23:30,000 more descriptions then we can do that 8790 05:23:28,440 --> 05:23:32,320 like if we want to be super specific and 8791 05:23:30,000 --> 05:23:35,558 say make a line art like simple 8792 05:23:32,320 --> 05:23:38,240 monocolor mandala like this I can just 8793 05:23:35,558 --> 05:23:39,920 say that but since I was pretty broad it 8794 05:23:38,240 --> 05:23:42,440 then gave me a bunch of different 8795 05:23:39,920 --> 05:23:44,680 options that I can work with and now 8796 05:23:42,440 --> 05:23:46,638 unlike other image generators where say 8797 05:23:44,680 --> 05:23:48,320 I like this one I would have to go see 8798 05:23:46,638 --> 05:23:50,558 what the prompt is and if I like this 8799 05:23:48,320 --> 05:23:52,878 one see what that prompt is and then 8800 05:23:50,558 --> 05:23:56,920 write something new what we can do in 8801 05:23:52,878 --> 05:23:59,240 Mystic is select the designs say if I 8802 05:23:56,920 --> 05:24:01,718 like these three designs then we go up 8803 05:23:59,240 --> 05:24:04,400 here and hit the pencil and now in plain 8804 05:24:01,718 --> 05:24:07,400 text we can tell it exactly what we want 8805 05:24:04,400 --> 05:24:09,638 it to do like I could say combine these 8806 05:24:07,400 --> 05:24:12,080 three so we can select a bunch in bulk 8807 05:24:09,638 --> 05:24:14,718 just by clicking and I could say I don't 8808 05:24:12,080 --> 05:24:17,878 know remake each of these designs with 8809 05:24:14,718 --> 05:24:20,040 no color occasionally it'll like act it 8810 05:24:17,878 --> 05:24:22,080 slips up and does what other models do 8811 05:24:20,040 --> 05:24:24,160 and put it on a t-shirt but the cool 8812 05:24:22,080 --> 05:24:27,000 thing is that anytime it does that you 8813 05:24:24,160 --> 05:24:28,760 don't get charged for those credits used 8814 05:24:27,000 --> 05:24:31,798 but I'll just go to bulk actions delete 8815 05:24:28,760 --> 05:24:35,520 that one so the way that I created these 8816 05:24:31,798 --> 05:24:37,400 designs here was I had it come up with 8817 05:24:35,520 --> 05:24:39,520 animals made out of flowers and it came 8818 05:24:37,400 --> 05:24:41,200 up with each of these 8819 05:24:39,520 --> 05:24:43,160 I thought were pretty cool I like that 8820 05:24:41,200 --> 05:24:44,798 wolf that elephant is really cool but I 8821 05:24:43,160 --> 05:24:46,760 really like this lion and I wanted to 8822 05:24:44,798 --> 05:24:48,280 see what it would look like if the lion 8823 05:24:46,760 --> 05:24:52,280 was made out of just different color 8824 05:24:48,280 --> 05:24:57,320 flowers so I just did this or I selected 8825 05:24:52,280 --> 05:24:59,280 it and I went up here and then I said to 8826 05:24:57,320 --> 05:25:01,240 make six of the same design just with 8827 05:24:59,280 --> 05:25:03,280 different colors and that's exactly what 8828 05:25:01,240 --> 05:25:05,120 it did with image generation in general 8829 05:25:03,280 --> 05:25:07,600 it's not great at recreating The 8830 05:25:05,120 --> 05:25:09,958 Identical image but with Mystic you're 8831 05:25:07,600 --> 05:25:11,480 able to get it to come up with a ton of 8832 05:25:09,958 --> 05:25:14,080 different variations so I've been 8833 05:25:11,480 --> 05:25:16,280 generating some designs for seasonal and 8834 05:25:14,080 --> 05:25:17,600 here's some of them that I came up with 8835 05:25:16,280 --> 05:25:19,638 and again all of these were just from 8836 05:25:17,600 --> 05:25:21,520 plain text I barely gave like any 8837 05:25:19,638 --> 05:25:23,638 description of what I wanted it to do 8838 05:25:21,520 --> 05:25:27,320 and it gave me a really wide variety I 8839 05:25:23,638 --> 05:25:30,200 like that flower like that fox not Fox 8840 05:25:27,320 --> 05:25:32,958 that Wolf the lion where's the lion this 8841 05:25:30,200 --> 05:25:35,160 one's really cool these sunflowers and 8842 05:25:32,958 --> 05:25:36,798 now I select each of the designs that I 8843 05:25:35,160 --> 05:25:38,400 like the most out of everything that it 8844 05:25:36,798 --> 05:25:41,958 made 8845 05:25:38,400 --> 05:25:44,320 then I go to up here and I can just say 8846 05:25:41,958 --> 05:25:46,200 make more 8847 05:25:44,320 --> 05:25:48,600 designs like 8848 05:25:46,200 --> 05:25:50,360 these and then I select however many I 8849 05:25:48,600 --> 05:25:53,280 want it to 8850 05:25:50,360 --> 05:25:55,400 make and I click generate and now it's 8851 05:25:53,280 --> 05:25:57,160 reading or looking at each of these 8852 05:25:55,400 --> 05:25:59,558 different designs seeing what they have 8853 05:25:57,160 --> 05:26:01,280 in common and now it's starting to 8854 05:25:59,558 --> 05:26:02,840 generate based off of those and in the 8855 05:26:01,280 --> 05:26:05,240 meantime while it's doing that I going 8856 05:26:02,840 --> 05:26:08,000 to show you the next cool thing that 8857 05:26:05,240 --> 05:26:09,520 we're able to do and like we saw with 8858 05:26:08,000 --> 05:26:11,280 the other image generators once we 8859 05:26:09,520 --> 05:26:13,200 finally make a design that we like we 8860 05:26:11,280 --> 05:26:15,520 have to just try to play around with the 8861 05:26:13,200 --> 05:26:17,600 prompt to recreate that whereas in 8862 05:26:15,520 --> 05:26:19,958 Mystic if you click on it go to Quick 8863 05:26:17,600 --> 05:26:22,638 actions see I really like this style 8864 05:26:19,958 --> 05:26:24,400 just go to Quick actions save style then 8865 05:26:22,638 --> 05:26:27,160 I name it whatever I want I can call 8866 05:26:24,400 --> 05:26:30,160 this firework explosion and then I would 8867 05:26:27,160 --> 05:26:32,680 just save it and then it'll show up as a 8868 05:26:30,160 --> 05:26:35,558 style for me to select from these drop 8869 05:26:32,680 --> 05:26:37,280 downs here so if I really like that 8870 05:26:35,558 --> 05:26:38,840 design and I want to recreate something 8871 05:26:37,280 --> 05:26:40,760 similar to it in the future say if I 8872 05:26:38,840 --> 05:26:43,480 wanted to make remake this but for 8873 05:26:40,760 --> 05:26:45,440 animals or whatever your need or coffee 8874 05:26:43,480 --> 05:26:47,160 cups whatever your Niche is I would just 8875 05:26:45,440 --> 05:26:49,440 save it as a style and then it'll show 8876 05:26:47,160 --> 05:26:51,440 up here as one of the the drop downs for 8877 05:26:49,440 --> 05:26:53,080 me to choose from and perhaps my 8878 05:26:51,440 --> 05:26:56,680 favorite feature out of everything that 8879 05:26:53,080 --> 05:26:58,200 Mystic can do on the generation side is 8880 05:26:56,680 --> 05:27:00,920 what it's able to do after you've 8881 05:26:58,200 --> 05:27:02,680 generated designs that you like and not 8882 05:27:00,920 --> 05:27:05,160 just what it can do to One Design but 8883 05:27:02,680 --> 05:27:08,958 what it can do to a bunch in bulk at the 8884 05:27:05,160 --> 05:27:11,920 same time so I like the these designs 8885 05:27:08,958 --> 05:27:13,440 here I'm going to select these then 8886 05:27:11,920 --> 05:27:15,440 previously the process is we have to 8887 05:27:13,440 --> 05:27:17,638 remove the background upscale it or turn 8888 05:27:15,440 --> 05:27:19,480 it into a vector file then come up with 8889 05:27:17,638 --> 05:27:21,638 titles and descriptions for all the 8890 05:27:19,480 --> 05:27:24,000 products before we upload it to printify 8891 05:27:21,638 --> 05:27:26,680 and go on that whole side of the process 8892 05:27:24,000 --> 05:27:28,480 so what we decided to do for Mystic is 8893 05:27:26,680 --> 05:27:29,920 instead of making people piece it 8894 05:27:28,480 --> 05:27:31,878 together with a bunch of different tools 8895 05:27:29,920 --> 05:27:35,440 all over the place we brought all those 8896 05:27:31,878 --> 05:27:39,040 tools into one easy to use dashboard so 8897 05:27:35,440 --> 05:27:41,080 to do that go up here to bulk actions 8898 05:27:39,040 --> 05:27:42,680 you just click remove background it just 8899 05:27:41,080 --> 05:27:44,798 tells you the number of credits the 8900 05:27:42,680 --> 05:27:47,240 credits system it's like pretty much the 8901 05:27:44,798 --> 05:27:48,798 same value for Leonardo all of them 8902 05:27:47,240 --> 05:27:50,760 every image generator is priced like 8903 05:27:48,798 --> 05:27:53,160 pretty similarly so now what it's doing 8904 05:27:50,760 --> 05:27:55,280 is going through all of these images and 8905 05:27:53,160 --> 05:27:57,360 automatically removing the background 8906 05:27:55,280 --> 05:27:59,160 and not only that we can tell it to 8907 05:27:57,360 --> 05:28:02,200 generate the title which it generates 8908 05:27:59,160 --> 05:28:04,680 titles and descriptions anything text 8909 05:28:02,200 --> 05:28:07,120 based is completely 8910 05:28:04,680 --> 05:28:10,558 free go take a look at the 8911 05:28:07,120 --> 05:28:12,280 wolf and there it is see the original it 8912 05:28:10,558 --> 05:28:14,120 has the background with the colors and 8913 05:28:12,280 --> 05:28:16,080 stuff and there's with it removed and 8914 05:28:14,120 --> 05:28:17,878 they even gave it a name of winner 8915 05:28:16,080 --> 05:28:19,798 Sprinter I think that's pretty cool and 8916 05:28:17,878 --> 05:28:21,718 if we don't like it we can just delete 8917 05:28:19,798 --> 05:28:23,000 it or tell it to write another one then 8918 05:28:21,718 --> 05:28:24,000 here's the description that it came up 8919 05:28:23,000 --> 05:28:26,400 with and if we don't like the 8920 05:28:24,000 --> 05:28:28,600 description we can edit it we can change 8921 05:28:26,400 --> 05:28:30,520 it to be whatever we want see the deer 8922 05:28:28,600 --> 05:28:32,680 so there's with the background then 8923 05:28:30,520 --> 05:28:35,480 here's the background removed now I want 8924 05:28:32,680 --> 05:28:37,360 to change the main image the image that 8925 05:28:35,480 --> 05:28:38,600 we're working with from now on to be the 8926 05:28:37,360 --> 05:28:41,600 one 8927 05:28:38,600 --> 05:28:45,040 with the background removed there we go 8928 05:28:41,600 --> 05:28:46,400 and now I want to create Vector files 8929 05:28:45,040 --> 05:28:49,360 for each of 8930 05:28:46,400 --> 05:28:51,680 these the vectorizing portion that's the 8931 05:28:49,360 --> 05:28:54,280 most expensive it just requires a lot of 8932 05:28:51,680 --> 05:28:56,120 generation power to use it so that's the 8933 05:28:54,280 --> 05:28:57,680 priciest thing so I just recommend doing 8934 05:28:56,120 --> 05:28:59,360 that with the designs that you're like 8935 05:28:57,680 --> 05:29:02,160 really happy with and then if you're 8936 05:28:59,360 --> 05:29:04,240 selling on Etsy or Amazon or red bubble 8937 05:29:02,160 --> 05:29:07,080 or any of those other sites you're also 8938 05:29:04,240 --> 05:29:09,160 able to generate tags for it to for you 8939 05:29:07,080 --> 05:29:11,280 to use on your listing and you're going 8940 05:29:09,160 --> 05:29:13,080 to be able to edit this and customize 8941 05:29:11,280 --> 05:29:14,798 how it generates your descriptions what 8942 05:29:13,080 --> 05:29:16,440 kind of titles you like you can change 8943 05:29:14,798 --> 05:29:18,480 all of your preferences under the 8944 05:29:16,440 --> 05:29:20,080 settings page but I just wanted to show 8945 05:29:18,480 --> 05:29:21,600 you basically the power that it has 8946 05:29:20,080 --> 05:29:22,958 already there's going to be so many 8947 05:29:21,600 --> 05:29:25,240 other features that we're adding down 8948 05:29:22,958 --> 05:29:28,280 the road like I want to basically allow 8949 05:29:25,240 --> 05:29:30,040 people to upload like the next stage is 8950 05:29:28,280 --> 05:29:33,080 I want to be able to upload all of these 8951 05:29:30,040 --> 05:29:35,200 designs just upload them into Mystic and 8952 05:29:33,080 --> 05:29:36,558 have it analyze everything see like 8953 05:29:35,200 --> 05:29:39,000 basically the whole process that we just 8954 05:29:36,558 --> 05:29:41,480 did manually do that automatically and 8955 05:29:39,000 --> 05:29:42,760 then start generating these ideas all on 8956 05:29:41,480 --> 05:29:46,240 its own so that we don't even have to 8957 05:29:42,760 --> 05:29:48,760 type in the word mandala or flower or 8958 05:29:46,240 --> 05:29:50,040 whatever that it'll do all that for us 8959 05:29:48,760 --> 05:29:51,680 basically as as little human 8960 05:29:50,040 --> 05:29:53,840 intervention as humanly possible that's 8961 05:29:51,680 --> 05:29:56,040 our goal but hopefully this little demo 8962 05:29:53,840 --> 05:29:57,400 gives you an example of the power that 8963 05:29:56,040 --> 05:29:59,400 it has and this is what I'm going to be 8964 05:29:57,400 --> 05:30:01,040 using for generating all of our designs 8965 05:29:59,400 --> 05:30:03,080 as we go through the rest of this course 8966 05:30:01,040 --> 05:30:04,638 for seasonal and then oh one thing I 8967 05:30:03,080 --> 05:30:07,120 forgot to mention is we're also going to 8968 05:30:04,638 --> 05:30:09,320 be adding printify printful gelato 8969 05:30:07,120 --> 05:30:11,160 Integrations down on the road along with 8970 05:30:09,320 --> 05:30:13,080 Amazon and Etsy that's definitely on the 8971 05:30:11,160 --> 05:30:15,280 road map but starting with printify but 8972 05:30:13,080 --> 05:30:17,520 for right now what you're able to do is 8973 05:30:15,280 --> 05:30:19,000 you can easily export and use all of 8974 05:30:17,520 --> 05:30:21,160 your designs however you want you just 8975 05:30:19,000 --> 05:30:23,320 go up here to bulk actions and download 8976 05:30:21,160 --> 05:30:25,040 and when it downloads it'll you're given 8977 05:30:23,320 --> 05:30:27,080 the option to download it as a 8978 05:30:25,040 --> 05:30:28,878 spreadsheet which will then give you 8979 05:30:27,080 --> 05:30:30,718 like all the titles descriptions and 8980 05:30:28,878 --> 05:30:32,520 images side by side so you can easily 8981 05:30:30,718 --> 05:30:34,520 just copy and paste each of those into 8982 05:30:32,520 --> 05:30:35,798 your Printery account and again 8983 05:30:34,520 --> 05:30:37,160 depending on when you're watching this 8984 05:30:35,798 --> 05:30:38,920 we might already have the Printery 8985 05:30:37,160 --> 05:30:40,480 integration finished so you can just 8986 05:30:38,920 --> 05:30:42,840 automatically upload it into your 8987 05:30:40,480 --> 05:30:45,240 account and then the next big feature 8988 05:30:42,840 --> 05:30:47,000 that we're working on already is the 8989 05:30:45,240 --> 05:30:49,360 mockup generation so you're going to be 8990 05:30:47,000 --> 05:30:51,520 able to create your own mockups like the 8991 05:30:49,360 --> 05:30:53,320 flatlay images of the t-shirts and 8992 05:30:51,520 --> 05:30:55,480 whatever products you're selling and 8993 05:30:53,320 --> 05:30:57,920 then automatically superimpose these 8994 05:30:55,480 --> 05:31:00,638 designs onto those mockups and you can 8995 05:30:57,920 --> 05:31:02,480 do that in bulk integrate it upload to 8996 05:31:00,638 --> 05:31:04,240 your Printery account so basically it's 8997 05:31:02,480 --> 05:31:06,240 going to be the end to endend solution 8998 05:31:04,240 --> 05:31:07,958 for print on demand Sellers and it's 8999 05:31:06,240 --> 05:31:10,240 going to be as competitively priced as 9000 05:31:07,958 --> 05:31:12,360 as humanly possible which I'm pretty 9001 05:31:10,240 --> 05:31:14,480 excited about I'm going to be using this 9002 05:31:12,360 --> 05:31:16,320 a ton on all of our stores and I can't 9003 05:31:14,480 --> 05:31:19,440 wait for you guys to try it out too so 9004 05:31:16,320 --> 05:31:22,680 but anyway so far what I've generated is 9005 05:31:19,440 --> 05:31:25,240 I made some I really like this design so 9006 05:31:22,680 --> 05:31:27,840 I made some flower designs floral 9007 05:31:25,240 --> 05:31:29,638 Phoenix perfect anyway the cool thing 9008 05:31:27,840 --> 05:31:32,080 for generating these all that I typed in 9009 05:31:29,638 --> 05:31:34,240 was the word flower it's pretty wild and 9010 05:31:32,080 --> 05:31:36,280 down here I typed in the word sun and 9011 05:31:34,240 --> 05:31:38,638 this is what it came up with Cosmic 9012 05:31:36,280 --> 05:31:40,920 Aztec Sun chill I played around with 9013 05:31:38,638 --> 05:31:42,840 like retro style but down here I just 9014 05:31:40,920 --> 05:31:45,878 typed in the word flower again I think I 9015 05:31:42,840 --> 05:31:48,080 selected the watercolor art style from 9016 05:31:45,878 --> 05:31:49,840 this in order to create that but down 9017 05:31:48,080 --> 05:31:52,400 here I tried getting creative with 9018 05:31:49,840 --> 05:31:54,760 Galactic art but yeah so all these 9019 05:31:52,400 --> 05:31:57,280 Generations together took me maybe like 9020 05:31:54,760 --> 05:31:59,320 10 15 minutes of effort on my part and 9021 05:31:57,280 --> 05:32:01,520 the prompts are as you can see like dead 9022 05:31:59,320 --> 05:32:03,480 simple and then just going through 9023 05:32:01,520 --> 05:32:05,840 selecting the ones that I like the best 9024 05:32:03,480 --> 05:32:09,638 like all those bulk actions remove 9025 05:32:05,840 --> 05:32:11,840 background then I want titles for each 9026 05:32:09,638 --> 05:32:15,480 descriptions and then once those are 9027 05:32:11,840 --> 05:32:18,440 finished just make sure the back 9028 05:32:15,480 --> 05:32:21,080 yeah it amazes me how good the AI is at 9029 05:32:18,440 --> 05:32:22,878 moving backgrounds not just in Mystic 9030 05:32:21,080 --> 05:32:25,680 but in all of 9031 05:32:22,878 --> 05:32:27,638 them oh this one's awesome too want to 9032 05:32:25,680 --> 05:32:31,320 see what the title comes up with for 9033 05:32:27,638 --> 05:32:33,120 that Sunny Radiance poppy passion these 9034 05:32:31,320 --> 05:32:35,040 titles are so much better than anything 9035 05:32:33,120 --> 05:32:37,160 I can come up with wow that's amazing 9036 05:32:35,040 --> 05:32:38,520 the fact that it's a it's that good I 9037 05:32:37,160 --> 05:32:40,280 removing the back ground even though 9038 05:32:38,520 --> 05:32:43,558 it's like very there's not clearly 9039 05:32:40,280 --> 05:32:46,040 defined edges at all crystal Lotus 9040 05:32:43,558 --> 05:32:48,400 that's cool Cosmo Flora I probably put a 9041 05:32:46,040 --> 05:32:51,160 space between though what else do I want 9042 05:32:48,400 --> 05:32:53,360 to make oh I haven't done butterflies 9043 05:32:51,160 --> 05:32:56,480 yet butterfly made out of flowers 9044 05:32:53,360 --> 05:32:58,120 t-shirt do a bunch and no art style 9045 05:32:56,480 --> 05:32:59,878 let's see what that comes up with 9046 05:32:58,120 --> 05:33:01,638 actually let's just do 9047 05:32:59,878 --> 05:33:02,480 couple right let's see what this comes 9048 05:33:01,638 --> 05:33:04,440 up 9049 05:33:02,480 --> 05:33:06,280 with all right so just finished 9050 05:33:04,440 --> 05:33:08,920 generating and made a bunch of different 9051 05:33:06,280 --> 05:33:10,440 butterfly designs out of flowers cool 9052 05:33:08,920 --> 05:33:12,718 this one got cut off a little bit so 9053 05:33:10,440 --> 05:33:15,920 I'll just have it redo that one that 9054 05:33:12,718 --> 05:33:19,240 one's cool I think this one's the best I 9055 05:33:15,920 --> 05:33:20,718 would just save this style but let's 9056 05:33:19,240 --> 05:33:22,480 remove the background and see how it 9057 05:33:20,718 --> 05:33:24,920 turns out yeah the background turned out 9058 05:33:22,480 --> 05:33:26,480 really nice let's zoom in yeah I like 9059 05:33:24,920 --> 05:33:28,000 this one a lot I could see this doing 9060 05:33:26,480 --> 05:33:30,280 this is the exact kind of thing that I 9061 05:33:28,000 --> 05:33:32,958 would put on a T-shirt and expect to do 9062 05:33:30,280 --> 05:33:36,798 pretty well so then from here what I 9063 05:33:32,958 --> 05:33:39,040 could do is go like this bulk actions 9064 05:33:36,798 --> 05:33:47,920 and then just sit 9065 05:33:39,040 --> 05:33:47,920 remake this design but in different art 9066 05:33:48,760 --> 05:33:59,320 styles I one with steampunk one with 9067 05:33:55,680 --> 05:34:01,600 rainbows one with roses Etc I know 9068 05:33:59,320 --> 05:34:03,920 that's kind of wordy but that's I'm just 9069 05:34:01,600 --> 05:34:06,000 able to write it plain text exactly how 9070 05:34:03,920 --> 05:34:07,520 I would think of it and now I want to 9071 05:34:06,000 --> 05:34:09,120 make a bunch more like this cuz I like 9072 05:34:07,520 --> 05:34:11,360 that one so let's see what it comes up 9073 05:34:09,120 --> 05:34:13,280 with there we have it all the designs 9074 05:34:11,360 --> 05:34:14,840 just came in honestly all these are 9075 05:34:13,280 --> 05:34:16,480 pretty cool the only reason I wouldn't 9076 05:34:14,840 --> 05:34:18,520 use all of them is I don't want out of 9077 05:34:16,480 --> 05:34:20,000 my Hundred I don't want to have too too 9078 05:34:18,520 --> 05:34:21,600 many butterflies really don't want this 9079 05:34:20,000 --> 05:34:22,760 to turn into a butterfly store but I 9080 05:34:21,600 --> 05:34:24,040 don't know some of these are sweet so 9081 05:34:22,760 --> 05:34:27,400 I'm going to select the ones that I like 9082 05:34:24,040 --> 05:34:29,360 the best this gelic one is cool rainbow 9083 05:34:27,400 --> 05:34:30,760 steampunk designs seem to do pretty well 9084 05:34:29,360 --> 05:34:33,200 too and if these are looking like 9085 05:34:30,760 --> 05:34:35,160 cartoony to you one that's by Design 9086 05:34:33,200 --> 05:34:37,320 like I want more cartoony like less 9087 05:34:35,160 --> 05:34:39,200 detailed designs do pretty well but you 9088 05:34:37,320 --> 05:34:41,080 can always just tell add detail and you 9089 05:34:39,200 --> 05:34:43,080 can say it as basic as that and it'll 9090 05:34:41,080 --> 05:34:44,600 it'll do a pretty good job so we get the 9091 05:34:43,080 --> 05:34:46,360 point we're able to use this to pretty 9092 05:34:44,600 --> 05:34:48,120 easily generate a ton of different 9093 05:34:46,360 --> 05:34:49,718 designs and we've just been doing it 9094 05:34:48,120 --> 05:34:52,040 with a handful at a time but if you 9095 05:34:49,718 --> 05:34:54,240 spend like an hour in here like we just 9096 05:34:52,040 --> 05:34:57,000 spent about 15 minutes and we came up 9097 05:34:54,240 --> 05:35:01,760 with a few dozen good designs for us to 9098 05:34:57,000 --> 05:35:01,760 start uploading so go over to Mystic use 9099 05:35:06,638 --> 05:35:10,920 mystic.ct lot of the customer service 9100 05:35:09,160 --> 05:35:12,440 messages at least when we first launch 9101 05:35:10,920 --> 05:35:13,600 so you might get a chance to talk with 9102 05:35:12,440 --> 05:35:15,520 me maybe I'll be helping you 9103 05:35:13,600 --> 05:35:16,600 troubleshoot if anything comes up but 9104 05:35:15,520 --> 05:35:20,200 yeah we're really excited for you guys 9105 05:35:16,600 --> 05:35:20,200 to try it so head over to us 9106 05:35:21,200 --> 05:35:35,080 [Music] 9107 05:35:36,638 --> 05:35:41,718 mystic.ct it doesn't turn into just 9108 05:35:38,920 --> 05:35:43,798 giant clutter of PNG files sitting on 9109 05:35:41,718 --> 05:35:46,840 your desktop and it starts to feel 9110 05:35:43,798 --> 05:35:48,798 overwhelming to scale up to a 100 or a 9111 05:35:46,840 --> 05:35:50,638 couple hundred designs and what I found 9112 05:35:48,798 --> 05:35:53,878 from my own personal experience is that 9113 05:35:50,638 --> 05:35:55,718 it's very easy to scale up processes 9114 05:35:53,878 --> 05:35:57,360 that are nice and organized and have a 9115 05:35:55,718 --> 05:35:59,080 system to it it becomes a lot more 9116 05:35:57,360 --> 05:36:01,120 challenging when it feels like a mess 9117 05:35:59,080 --> 05:36:02,840 and just like at the back of my head I 9118 05:36:01,120 --> 05:36:04,320 know that there's just a giant pile of 9119 05:36:02,840 --> 05:36:06,558 crap that I don't feel like sifting 9120 05:36:04,320 --> 05:36:08,440 through so we want to avoid all that cuz 9121 05:36:06,558 --> 05:36:11,240 one of the keys to success with these 9122 05:36:08,440 --> 05:36:13,638 businesses is having the bandwidth to 9123 05:36:11,240 --> 05:36:15,680 launch hundreds of designs not just 20 9124 05:36:13,638 --> 05:36:18,080 the good news is that we have an awesome 9125 05:36:15,680 --> 05:36:20,840 free tool for you to use that will help 9126 05:36:18,080 --> 05:36:22,718 make this process really simple and it's 9127 05:36:20,840 --> 05:36:24,440 this master design checklist that you 9128 05:36:22,718 --> 05:36:26,638 see in front of you so this is a 9129 05:36:24,440 --> 05:36:29,160 spreadsheet that I made and we use in 9130 05:36:26,638 --> 05:36:30,798 all of our Brands now cuz we were at the 9131 05:36:29,160 --> 05:36:32,920 point originally where it was just giant 9132 05:36:30,798 --> 05:36:35,160 mess so we made this spreadsheet and 9133 05:36:32,920 --> 05:36:37,760 what this does is it helps us keep track 9134 05:36:35,160 --> 05:36:39,920 of I think I have it for up to 500 9135 05:36:37,760 --> 05:36:42,360 designs and it keeps track of where it's 9136 05:36:39,920 --> 05:36:44,600 at in not just like the stages of 9137 05:36:42,360 --> 05:36:46,480 uploading but for down the line once we 9138 05:36:44,600 --> 05:36:48,680 launch like International and that kind 9139 05:36:46,480 --> 05:36:51,400 of stuff and it also makes it a really 9140 05:36:48,680 --> 05:36:53,600 easy filing system for us to keep track 9141 05:36:51,400 --> 05:36:56,920 of things so this is going to be linked 9142 05:36:53,600 --> 05:36:59,480 somewhere around this video and just 9143 05:36:56,920 --> 05:37:01,920 going to make a copy all right so we 9144 05:36:59,480 --> 05:37:06,160 made a copy I'm going to name this 9145 05:37:01,920 --> 05:37:07,280 seasonal Collections and bookmark this 9146 05:37:06,160 --> 05:37:09,160 and the other tool that we're going to 9147 05:37:07,280 --> 05:37:10,120 be using using is Google Drive which 9148 05:37:09,160 --> 05:37:12,080 this is where we're going to be 9149 05:37:10,120 --> 05:37:14,360 uploading all of our files and the idea 9150 05:37:12,080 --> 05:37:16,160 behind it is every design is not just 9151 05:37:14,360 --> 05:37:18,160 going to be getting a name but it's also 9152 05:37:16,160 --> 05:37:21,280 going to be assigned a number I just 9153 05:37:18,160 --> 05:37:24,440 downloaded one for example from Mystic 9154 05:37:21,280 --> 05:37:24,440 it's named floral 9155 05:37:24,958 --> 05:37:29,638 Majesty that's going to be our first 9156 05:37:26,798 --> 05:37:33,558 design first make a folder to hold all 9157 05:37:29,638 --> 05:37:37,798 of them floral Majesty file upload and 9158 05:37:33,558 --> 05:37:40,760 I'm going to upload all of the versions 9159 05:37:37,798 --> 05:37:44,480 then to keep things even more organized 9160 05:37:40,760 --> 05:37:45,280 I'm going to assign the same number to 9161 05:37:44,480 --> 05:37:47,920 those 9162 05:37:45,280 --> 05:37:49,320 names and as a bonus later on I'm going 9163 05:37:47,920 --> 05:37:52,718 to show you how we can automate this 9164 05:37:49,320 --> 05:37:54,600 entire process using make.com just like 9165 05:37:52,718 --> 05:37:57,320 zap here so the system that I have set 9166 05:37:54,600 --> 05:37:59,520 up is that anytime I make a new design I 9167 05:37:57,320 --> 05:38:01,240 just upload it to a Google drive folder 9168 05:37:59,520 --> 05:38:02,958 and then it automatically fills out this 9169 05:38:01,240 --> 05:38:05,958 spreadsheet for me but I want to show 9170 05:38:02,958 --> 05:38:09,440 you how it works manually first so 9171 05:38:05,958 --> 05:38:13,360 design name floral Magic D and 9172 05:38:09,440 --> 05:38:16,320 I share copy link I'm going to make sure 9173 05:38:13,360 --> 05:38:20,638 that anybody who has the link like from 9174 05:38:16,320 --> 05:38:22,000 my team that they're able to edit copy 9175 05:38:20,638 --> 05:38:24,480 change that to 9176 05:38:22,000 --> 05:38:25,320 editor and then paste the Google Drive 9177 05:38:24,480 --> 05:38:29,760 Link 9178 05:38:25,320 --> 05:38:33,120 there and then tab replaces it with that 9179 05:38:29,760 --> 05:38:37,440 and this is pretty cool let's go delete 9180 05:38:33,120 --> 05:38:40,200 that insert image in cells Google Drive 9181 05:38:37,440 --> 05:38:40,200 drive my 9182 05:38:40,840 --> 05:38:45,840 drive floral majesty and now I can see 9183 05:38:44,160 --> 05:38:48,400 what the design looks like which when 9184 05:38:45,840 --> 05:38:50,878 you only have 10 designs this might feel 9185 05:38:48,400 --> 05:38:53,400 like Overkill but trust me to really 9186 05:38:50,878 --> 05:38:55,638 grow these Brands having more designs is 9187 05:38:53,400 --> 05:38:56,760 your best way to do that take my word 9188 05:38:55,638 --> 05:39:00,520 for it this will make your life a whole 9189 05:38:56,760 --> 05:39:03,040 lot easier and then whatever status in 9190 05:39:00,520 --> 05:39:05,440 is draft and then as we go through the 9191 05:39:03,040 --> 05:39:08,280 process of uploading it to printify 9192 05:39:05,440 --> 05:39:10,840 Shopify both product editing 9193 05:39:08,280 --> 05:39:13,240 Q&A all of that we're going to be 9194 05:39:10,840 --> 05:39:15,040 checking off these boxes so the idea is 9195 05:39:13,240 --> 05:39:18,478 every design has its own folder every 9196 05:39:15,040 --> 05:39:20,240 design gets a line and just keep things 9197 05:39:18,478 --> 05:39:22,798 nice and organized so I'm going to go 9198 05:39:20,240 --> 05:39:24,600 ahead and repeat this process for the 9199 05:39:22,798 --> 05:39:26,440 rest of the designs that we have made so 9200 05:39:24,600 --> 05:39:28,280 far and one other option if you don't 9201 05:39:26,440 --> 05:39:31,600 like spreadsheets for whatever reason is 9202 05:39:28,280 --> 05:39:33,878 to use Trello just set up a simple board 9203 05:39:31,600 --> 05:39:35,520 basically just set up the columns to be 9204 05:39:33,878 --> 05:39:37,120 the same as this so you can track it and 9205 05:39:35,520 --> 05:39:39,320 then you can just move it along as you 9206 05:39:37,120 --> 05:39:41,478 go for me I used to do trell but now I 9207 05:39:39,320 --> 05:39:43,760 just like doing this it keeps it easy to 9208 05:39:41,478 --> 05:39:46,040 have it all in one place and the fact 9209 05:39:43,760 --> 05:39:48,600 that we use Google Drive makes it easy 9210 05:39:46,040 --> 05:39:50,400 as well so that's how we keep our 9211 05:39:48,600 --> 05:39:52,320 designs nice and organized we're going 9212 05:39:50,400 --> 05:39:55,000 to be referring back to this master 9213 05:39:52,320 --> 05:39:59,478 design checklist or spreadsheet a lot so 9214 05:39:55,000 --> 05:39:59,478 highly recommend setting yours up now 9215 05:39:59,990 --> 05:40:09,600 [Music] 9216 05:40:08,360 --> 05:40:11,840 now we're going to be setting up our 9217 05:40:09,600 --> 05:40:14,160 printify account which to do that we 9218 05:40:11,840 --> 05:40:16,638 have our handy dandy checklist here back 9219 05:40:14,160 --> 05:40:18,280 over on our setup spreadsheet and we're 9220 05:40:16,638 --> 05:40:20,718 just going to be walking through each of 9221 05:40:18,280 --> 05:40:23,680 these steps and I'm going to be covering 9222 05:40:20,718 --> 05:40:25,360 the basics of setting up prfi Meg's 9223 05:40:23,680 --> 05:40:27,760 going to be doing a section on the more 9224 05:40:25,360 --> 05:40:29,400 advanced stuff to be aware of but to get 9225 05:40:27,760 --> 05:40:31,320 started you're just going to click here 9226 05:40:29,400 --> 05:40:33,160 to start your free trial with printify 9227 05:40:31,320 --> 05:40:35,120 full disclosure we mentioned this is an 9228 05:40:33,160 --> 05:40:36,760 affiliate link for us which is one of 9229 05:40:35,120 --> 05:40:38,760 the only ways that we make any money off 9230 05:40:36,760 --> 05:40:40,718 of doing super long trainings like this 9231 05:40:38,760 --> 05:40:41,878 so please use it but for whatever reason 9232 05:40:40,718 --> 05:40:43,840 you don't feel like it you can always 9233 05:40:41,878 --> 05:40:46,200 just Google printify and create an 9234 05:40:43,840 --> 05:40:47,840 account that way but to get started 9235 05:40:46,200 --> 05:40:50,840 going to go 9236 05:40:47,840 --> 05:40:50,840 to 9237 05:40:50,878 --> 05:40:58,600 printify and click sign up then I'm 9238 05:40:54,080 --> 05:41:00,520 going to use the brand email at 9239 05:40:58,600 --> 05:41:03,120 seasonal 9240 05:41:00,520 --> 05:41:04,280 collections. then once you log into your 9241 05:41:03,120 --> 05:41:08,080 printify account you're going to be 9242 05:41:04,280 --> 05:41:11,280 brought to page like this and 9243 05:41:08,080 --> 05:41:12,958 they give you like insights and orders 9244 05:41:11,280 --> 05:41:14,320 there's a lot that you can see again 9245 05:41:12,958 --> 05:41:16,520 Meg's going to go through that stuff in 9246 05:41:14,320 --> 05:41:18,920 more detail with you but for now we're 9247 05:41:16,520 --> 05:41:19,900 just going to go right to uploading our 9248 05:41:18,920 --> 05:41:30,040 first 9249 05:41:19,900 --> 05:41:32,080 [Music] 9250 05:41:30,040 --> 05:41:34,520 product so to do that we're going to go 9251 05:41:32,080 --> 05:41:37,958 to catalog and 9252 05:41:34,520 --> 05:41:39,920 t-shirts catalog men's t-shirts and here 9253 05:41:37,958 --> 05:41:41,760 we're given the options that we have to 9254 05:41:39,920 --> 05:41:44,440 choose from so couple of things to keep 9255 05:41:41,760 --> 05:41:46,920 in mind is number one the quality of the 9256 05:41:44,440 --> 05:41:48,798 shirt and number to the price obviously 9257 05:41:46,920 --> 05:41:51,280 we'd rather go with the cheapest pricing 9258 05:41:48,798 --> 05:41:53,320 possible but there are some trade-offs 9259 05:41:51,280 --> 05:41:56,120 the Bell canvas is the highest quality 9260 05:41:53,320 --> 05:41:58,000 Gilden 5000 feels like cardboard some 9261 05:41:56,120 --> 05:42:00,120 people like it but it's generally 9262 05:41:58,000 --> 05:42:03,440 considered to be the worst quality and 9263 05:42:00,120 --> 05:42:05,160 then Gilden 64,000 is a soft style shirt 9264 05:42:03,440 --> 05:42:08,400 which this one's really nice find this 9265 05:42:05,160 --> 05:42:10,320 one to be a good balance of price and 9266 05:42:08,400 --> 05:42:12,558 quality then there's a bunch of other 9267 05:42:10,320 --> 05:42:14,798 brands just to save you time you don't 9268 05:42:12,558 --> 05:42:16,718 even have to worry about them with I've 9269 05:42:14,798 --> 05:42:18,240 probably sold just about every product 9270 05:42:16,718 --> 05:42:20,440 type on here and these are the ones you 9271 05:42:18,240 --> 05:42:23,000 want to be looking at so either soft 9272 05:42:20,440 --> 05:42:25,120 style belly Canvas OR the 5,000 is what 9273 05:42:23,000 --> 05:42:27,920 I recommend going with and you see the 9274 05:42:25,120 --> 05:42:30,680 pricing here is PRI premium is a lot 9275 05:42:27,920 --> 05:42:32,638 cheaper it's 20% cheaper on all products 9276 05:42:30,680 --> 05:42:34,320 so once you start making any kind of 9277 05:42:32,638 --> 05:42:36,400 sales you definitely want to upgrade to 9278 05:42:34,320 --> 05:42:38,600 printify premium after just one or two 9279 05:42:36,400 --> 05:42:40,638 orders if pays for itself and it's just 9280 05:42:38,600 --> 05:42:41,840 $30 a month so when you click on Bell 9281 05:42:40,638 --> 05:42:43,680 canvas you're brought to the product 9282 05:42:41,840 --> 05:42:46,760 page and by default this is something 9283 05:42:43,680 --> 05:42:48,280 new they added the printify choice where 9284 05:42:46,760 --> 05:42:50,798 it basically they'll choose the best 9285 05:42:48,280 --> 05:42:52,798 print provider for you but if we want we 9286 05:42:50,798 --> 05:42:55,240 can do Show additional providers and we 9287 05:42:52,798 --> 05:42:57,840 can see every different printer that 9288 05:42:55,240 --> 05:43:00,280 works with printify and you can see that 9289 05:42:57,840 --> 05:43:02,200 they each have their own pricing their 9290 05:43:00,280 --> 05:43:03,680 shipping speed their average production 9291 05:43:02,200 --> 05:43:05,440 time and then the colors they have 9292 05:43:03,680 --> 05:43:06,600 available it can be kind of overwhelming 9293 05:43:05,440 --> 05:43:08,600 because there's a lot of different 9294 05:43:06,600 --> 05:43:10,558 options on on here but Monster Digital 9295 05:43:08,600 --> 05:43:12,400 is the one that I've worked with a ton I 9296 05:43:10,558 --> 05:43:14,120 know right now they're an 8.6 I'm not 9297 05:43:12,400 --> 05:43:15,840 really sure why but they're really good 9298 05:43:14,120 --> 05:43:17,958 they're fast they're quality has always 9299 05:43:15,840 --> 05:43:19,958 been very consistent for us now Swift 9300 05:43:17,958 --> 05:43:21,840 pod Swift does this sketchy thing where 9301 05:43:19,958 --> 05:43:23,718 they set their pricing for just one 9302 05:43:21,840 --> 05:43:25,680 color to be lower it's not legitimate 9303 05:43:23,718 --> 05:43:27,280 pricing so going to go to Monster 9304 05:43:25,680 --> 05:43:30,160 Digital and click Start designing 9305 05:43:27,280 --> 05:43:31,798 explore by myself got it hide these tips 9306 05:43:30,160 --> 05:43:33,878 so they also just added neck labels 9307 05:43:31,798 --> 05:43:37,520 recently which is cool but what we're 9308 05:43:33,878 --> 05:43:39,120 going to do is go to upload Google Drive 9309 05:43:37,520 --> 05:43:41,200 and we're going to sync our Google drive 9310 05:43:39,120 --> 05:43:44,000 folder so that we're able to import our 9311 05:43:41,200 --> 05:43:47,440 pictures our design files so I'm 9312 05:43:44,000 --> 05:43:49,120 importing the SVG okay so it's too too 9313 05:43:47,440 --> 05:43:52,000 detailed all right so I'll have to fix 9314 05:43:49,120 --> 05:43:53,400 that but just for example uploading the 9315 05:43:52,000 --> 05:43:56,200 PNG 9316 05:43:53,400 --> 05:43:59,080 file and now we're in their drag and 9317 05:43:56,200 --> 05:44:00,798 drop editor where we can place it 9318 05:43:59,080 --> 05:44:03,680 wherever we want where we typically 9319 05:44:00,798 --> 05:44:05,840 place it we just Center it and then make 9320 05:44:03,680 --> 05:44:07,320 it touch the top and the reason we do 9321 05:44:05,840 --> 05:44:09,878 that is that if you picture like a 9322 05:44:07,320 --> 05:44:11,478 t-shirt it might seem like normal to put 9323 05:44:09,878 --> 05:44:13,520 it in the middle but if you print it 9324 05:44:11,478 --> 05:44:15,360 right smack dab in the middle it ends up 9325 05:44:13,520 --> 05:44:17,878 like almost on people's stomach compared 9326 05:44:15,360 --> 05:44:19,798 to like you want it just grazing the top 9327 05:44:17,878 --> 05:44:21,878 of the print line and you can also print 9328 05:44:19,798 --> 05:44:23,360 on the back if you want honestly I've 9329 05:44:21,878 --> 05:44:25,280 never really done that we've always just 9330 05:44:23,360 --> 05:44:26,958 done front prints it's definitely 9331 05:44:25,280 --> 05:44:28,718 something you could experiment with and 9332 05:44:26,958 --> 05:44:31,240 then the next thing that we're going to 9333 05:44:28,718 --> 05:44:32,840 do is select the colors that we want now 9334 05:44:31,240 --> 05:44:35,040 it can be overwhelming especially with 9335 05:44:32,840 --> 05:44:37,558 bell canvas the number of colors that 9336 05:44:35,040 --> 05:44:39,760 are available it's a lot and I I used to 9337 05:44:37,558 --> 05:44:42,360 just go through and select every single 9338 05:44:39,760 --> 05:44:44,638 color but now what we do is just choose 9339 05:44:42,360 --> 05:44:46,000 like the best looking five or six cuz 9340 05:44:44,638 --> 05:44:48,040 what we found is we actually had a 9341 05:44:46,000 --> 05:44:51,040 higher conversion rate on our site when 9342 05:44:48,040 --> 05:44:53,080 there was less choices because it led to 9343 05:44:51,040 --> 05:44:55,478 decision fatigue and if you are doing 9344 05:44:53,080 --> 05:44:57,520 Bella canvas I recommend looking at the 9345 05:44:55,478 --> 05:45:00,160 Heathers they're like some of the top 9346 05:44:57,520 --> 05:45:02,558 performers looks good military green 9347 05:45:00,160 --> 05:45:04,520 always does well Heather true Royal 9348 05:45:02,558 --> 05:45:07,040 Heather team purple that one does well 9349 05:45:04,520 --> 05:45:08,558 for the female audience let's throw up 9350 05:45:07,040 --> 05:45:11,520 black that looks cool and you can also 9351 05:45:08,558 --> 05:45:13,840 only select a maximum of 100 total 9352 05:45:11,520 --> 05:45:15,798 variants then for size you want to 9353 05:45:13,840 --> 05:45:18,240 select all the sizes they only go up to 9354 05:45:15,798 --> 05:45:20,718 3XL which we get a lot of requests 9355 05:45:18,240 --> 05:45:23,878 honestly for 4XL and 5xl so now we've 9356 05:45:20,718 --> 05:45:26,558 selected our colors and the sizing click 9357 05:45:23,878 --> 05:45:30,120 save product and now we're brought to 9358 05:45:26,558 --> 05:45:32,680 the page where we can choose from their 9359 05:45:30,120 --> 05:45:34,920 default mockups which they've added some 9360 05:45:32,680 --> 05:45:37,160 over time but they're still not the best 9361 05:45:34,920 --> 05:45:38,440 looking things in the world but there's 9362 05:45:37,160 --> 05:45:40,400 a lot of different ones that you can 9363 05:45:38,440 --> 05:45:41,920 choose from and pick out which one we're 9364 05:45:40,400 --> 05:45:44,280 going back working off of our 9365 05:45:41,920 --> 05:45:46,120 spreadsheet done this done that we 9366 05:45:44,280 --> 05:45:48,120 expanded the design we horizontally 9367 05:45:46,120 --> 05:45:50,440 centered it we vertically centered it 9368 05:45:48,120 --> 05:45:53,440 then we click the colors in the top then 9369 05:45:50,440 --> 05:45:55,240 we save the product now the title image 9370 05:45:53,440 --> 05:45:56,958 color so we want to choose whatever 9371 05:45:55,240 --> 05:45:59,120 color we think this design looks the 9372 05:45:56,958 --> 05:46:01,360 best on I think the black Heather other 9373 05:45:59,120 --> 05:46:04,160 that or the dark gray I think looks the 9374 05:46:01,360 --> 05:46:05,878 best so I'm changing the primary color 9375 05:46:04,160 --> 05:46:08,558 that's going to show up then I can 9376 05:46:05,878 --> 05:46:10,680 choose from any of these mockups like 9377 05:46:08,558 --> 05:46:12,360 that one but none of them are great so 9378 05:46:10,680 --> 05:46:13,718 we're going to be making our own mockups 9379 05:46:12,360 --> 05:46:16,400 separately and we'll show you how to do 9380 05:46:13,718 --> 05:46:18,680 that but just for now I'm just going to 9381 05:46:16,400 --> 05:46:21,080 go with the basic front mockup and then 9382 05:46:18,680 --> 05:46:23,320 the title we changed to same as the 9383 05:46:21,080 --> 05:46:27,958 product titles or the design title that 9384 05:46:23,320 --> 05:46:31,080 Mystic made so floral Majesty 9385 05:46:27,958 --> 05:46:34,440 t-shirt and then paste 9386 05:46:31,080 --> 05:46:34,440 in the 9387 05:46:34,798 --> 05:46:38,718 description these descriptions are going 9388 05:46:36,638 --> 05:46:41,760 to get changed a lot like we're going to 9389 05:46:38,718 --> 05:46:44,718 do this in bulk product editor so for 9390 05:46:41,760 --> 05:46:47,600 now you just put that at sizing table 9391 05:46:44,718 --> 05:46:50,360 and then for the pricing we select all 9392 05:46:47,600 --> 05:46:52,958 edit price and we'll talk about our 9393 05:46:50,360 --> 05:46:55,680 pricing psychology later but for now 9394 05:46:52,958 --> 05:46:58,120 just know that a good starter price is 9395 05:46:55,680 --> 05:47:00,878 $26.99 that's what we price all of our 9396 05:46:58,120 --> 05:47:02,680 other brands at something to mention is 9397 05:47:00,878 --> 05:47:04,520 so we have the retail price which that's 9398 05:47:02,680 --> 05:47:06,000 what we're going to charge the customer 9399 05:47:04,520 --> 05:47:08,360 the production cost is what we're going 9400 05:47:06,000 --> 05:47:09,638 to get charged by printify and then the 9401 05:47:08,360 --> 05:47:12,600 shipping cost is what they're going to 9402 05:47:09,638 --> 05:47:16,680 charge us to ship it so if we set it to 9403 05:47:12,600 --> 05:47:19,160 $26.99 we see that we have a profit of 9404 05:47:16,680 --> 05:47:21,360 $166 keep in mind that this is not 9405 05:47:19,160 --> 05:47:23,558 counting the shipping but our retail 9406 05:47:21,360 --> 05:47:24,520 price is also not counting the shipping 9407 05:47:23,558 --> 05:47:26,240 that we're going to charge to the 9408 05:47:24,520 --> 05:47:29,600 customer so it ends up roughly 9409 05:47:26,240 --> 05:47:31,520 offsetting but the 2xls and 3 XLS see 9410 05:47:29,600 --> 05:47:34,120 the price jump it's pretty substantial 9411 05:47:31,520 --> 05:47:37,798 price jump on the Bell canvas so we set 9412 05:47:34,120 --> 05:47:39,760 that price to 20 you can either do 9413 05:47:37,798 --> 05:47:42,798 $28.99 or 9414 05:47:39,760 --> 05:47:44,400 $27.99 and then how much does this one 9415 05:47:42,798 --> 05:47:45,280 jump it jumps a lot I'm going to set 9416 05:47:44,400 --> 05:47:48,000 this to 9417 05:47:45,280 --> 05:47:50,798 $31.99 there we go and you can set your 9418 05:47:48,000 --> 05:47:54,040 pricing anywhere from I would say 25 up 9419 05:47:50,798 --> 05:47:56,600 to 35 at the absolute Max but there's 9420 05:47:54,040 --> 05:47:58,638 obviously a tradeoff between conversion 9421 05:47:56,600 --> 05:48:00,440 rate and the cost of goods set our 9422 05:47:58,638 --> 05:48:02,160 pricing and then we haven't connected 9423 05:48:00,440 --> 05:48:04,080 our store just yet so we're going to 9424 05:48:02,160 --> 05:48:06,440 save his draft congrats on your first 9425 05:48:04,080 --> 05:48:07,958 product thank you and now to speed up 9426 05:48:06,440 --> 05:48:09,638 that process a little bit so you don't 9427 05:48:07,958 --> 05:48:12,840 have to go through and find the product 9428 05:48:09,638 --> 05:48:15,040 again what you can do is just hit clone 9429 05:48:12,840 --> 05:48:19,040 and go into 9430 05:48:15,040 --> 05:48:22,920 design and delete the design and then 9431 05:48:19,040 --> 05:48:25,878 upload our next design file so we would 9432 05:48:22,920 --> 05:48:28,200 select the next design and basically 9433 05:48:25,878 --> 05:48:30,400 just rinse and repeat that process and 9434 05:48:28,200 --> 05:48:31,920 you upload all the designs that you have 9435 05:48:30,400 --> 05:48:34,120 and you have to go through that manual 9436 05:48:31,920 --> 05:48:35,760 process every time that's why Mystic 9437 05:48:34,120 --> 05:48:38,000 we're going to be adding an automatic 9438 05:48:35,760 --> 05:48:40,000 product uploader feature but for now you 9439 05:48:38,000 --> 05:48:41,958 just have to rinse and repeat upload 9440 05:48:40,000 --> 05:48:44,120 each of the designs and it is a good 9441 05:48:41,958 --> 05:48:45,878 thing to learn and to practice get in a 9442 05:48:44,120 --> 05:48:48,040 rhythm of doing cuz it's again it's 9443 05:48:45,878 --> 05:48:50,160 monotonous but it's extremely valuable 9444 05:48:48,040 --> 05:48:52,638 to get comfortable with that process and 9445 05:48:50,160 --> 05:48:54,200 to give another example I'm going 9446 05:48:52,638 --> 05:48:57,478 to 9447 05:48:54,200 --> 05:48:59,520 upload let's do a Gilden 9448 05:48:57,478 --> 05:49:02,120 64,000 so we can see the price 9449 05:48:59,520 --> 05:49:03,400 difference unex soft style so I'm going 9450 05:49:02,120 --> 05:49:07,080 to 9451 05:49:03,400 --> 05:49:08,638 do Monster Digital again 9452 05:49:07,080 --> 05:49:10,878 and if you click on provider info you 9453 05:49:08,638 --> 05:49:12,878 can see the different colors that they 9454 05:49:10,878 --> 05:49:14,760 have and the breakdown of pricing all 9455 05:49:12,878 --> 05:49:15,718 right so we're choosing Monster Digital 9456 05:49:14,760 --> 05:49:17,718 start 9457 05:49:15,718 --> 05:49:19,878 designing close 9458 05:49:17,718 --> 05:49:23,120 that upload the 9459 05:49:19,878 --> 05:49:26,718 file Google 9460 05:49:23,120 --> 05:49:30,478 Drive like that scale I'm going to 9461 05:49:26,718 --> 05:49:31,920 increase to 800 that's way too big let's 9462 05:49:30,478 --> 05:49:37,478 try 9463 05:49:31,920 --> 05:49:39,798 500 nice and Center it 9464 05:49:37,478 --> 05:49:41,040 make it touch the top they also added 9465 05:49:39,798 --> 05:49:43,798 this where you can turn it into a 9466 05:49:41,040 --> 05:49:45,718 pattern if you want that's useful for 9467 05:49:43,798 --> 05:49:47,520 like phone cases and all over print 9468 05:49:45,718 --> 05:49:51,798 products but not really 9469 05:49:47,520 --> 05:49:54,558 for what we're doing let's make it 9470 05:49:51,798 --> 05:49:55,320 large Center to the top now let's select 9471 05:49:54,558 --> 05:49:59,320 the 9472 05:49:55,320 --> 05:50:01,520 colors so on the gild in 64,000 sport 9473 05:49:59,320 --> 05:50:05,000 gray dark Heather 9474 05:50:01,520 --> 05:50:08,958 Navy black the colors that we always do 9475 05:50:05,000 --> 05:50:11,440 are if the design looks good is black 9476 05:50:08,958 --> 05:50:15,280 white a gray those are the three that we 9477 05:50:11,440 --> 05:50:18,040 always do military green is also a good 9478 05:50:15,280 --> 05:50:20,638 seller and then Heather Royal but the 9479 05:50:18,040 --> 05:50:22,680 Heathers tend to be out of stock more 9480 05:50:20,638 --> 05:50:24,080 often than other colors so that's just 9481 05:50:22,680 --> 05:50:26,558 something to keep in mind we got our 9482 05:50:24,080 --> 05:50:27,920 white gray dark Heather we don't need 9483 05:50:26,558 --> 05:50:30,000 two 9484 05:50:27,920 --> 05:50:31,040 navies okay that's pretty good what is 9485 05:50:30,000 --> 05:50:34,080 that 9486 05:50:31,040 --> 05:50:35,958 six maybe do a red actually how does 9487 05:50:34,080 --> 05:50:37,840 this look on oh that's cool this one 9488 05:50:35,958 --> 05:50:40,360 looks really good on on on that and IT 9489 05:50:37,840 --> 05:50:43,200 sizes make sure they're all selected 9490 05:50:40,360 --> 05:50:45,840 nothing on the back or the neck label 9491 05:50:43,200 --> 05:50:47,520 and then save product again we're going 9492 05:50:45,840 --> 05:50:49,558 to be doing our own mockups but I think 9493 05:50:47,520 --> 05:50:51,320 Daisy looks the 9494 05:50:49,558 --> 05:50:53,120 best and 9495 05:50:51,320 --> 05:50:54,798 then 9496 05:50:53,120 --> 05:50:58,798 floral 9497 05:50:54,798 --> 05:51:01,360 Majesty delete all of this add sizing 9498 05:50:58,798 --> 05:51:04,120 table we're going to update our prices 9499 05:51:01,360 --> 05:51:05,400 again because this is a new product we 9500 05:51:04,120 --> 05:51:07,280 didn't just duplicate it if you had 9501 05:51:05,400 --> 05:51:10,478 duplicated your product and this would 9502 05:51:07,280 --> 05:51:11,680 already be done but 2XL we're going to 9503 05:51:10,478 --> 05:51:17,120 set this 9504 05:51:11,680 --> 05:51:19,440 to 28.99 there we go then save as 9505 05:51:17,120 --> 05:51:22,558 draft and there we go so now we have a 9506 05:51:19,440 --> 05:51:24,878 couple of products uploaded we've seen 9507 05:51:22,558 --> 05:51:27,320 what the Gilden 64,000 looks like versus 9508 05:51:24,878 --> 05:51:30,200 the Bella canvas so price-wise it seems 9509 05:51:27,320 --> 05:51:34,520 like they're relatively similar but like 9510 05:51:30,200 --> 05:51:35,718 848 versus 777 it's like around close to 9511 05:51:34,520 --> 05:51:37,160 a dollar or let's see what monster 9512 05:51:35,718 --> 05:51:40,200 digitals prices are 9513 05:51:37,160 --> 05:51:44,680 Monster Digital it's 9514 05:51:40,200 --> 05:51:47,638 778 versus 9913 so if you're selling 9515 05:51:44,680 --> 05:51:49,558 1,000 shirts a month that's 1,300 bucks 9516 05:51:47,638 --> 05:51:51,520 in profit that would be in your pocket 9517 05:51:49,558 --> 05:51:53,320 now the trade-off to consider is like if 9518 05:51:51,520 --> 05:51:54,878 a customer gets a Bella canvas how much 9519 05:51:53,320 --> 05:51:56,478 more likely are they to come back and 9520 05:51:54,878 --> 05:51:58,600 buy from you again it's tough to tell 9521 05:51:56,478 --> 05:52:00,760 because some people like the soft style 9522 05:51:58,600 --> 05:52:02,320 some like Bella canvas so for your own 9523 05:52:00,760 --> 05:52:04,320 brand I would recommend ordering samples 9524 05:52:02,320 --> 05:52:05,920 from both and deciding which one you 9525 05:52:04,320 --> 05:52:07,760 like the best and what you want your 9526 05:52:05,920 --> 05:52:09,320 customers be receiving all right so if 9527 05:52:07,760 --> 05:52:11,080 you followed along now you should have 9528 05:52:09,320 --> 05:52:13,360 your very first product uploaded to 9529 05:52:11,080 --> 05:52:14,958 printify and next Meg is going to be 9530 05:52:13,360 --> 05:52:17,560 covering how to set up your printify 9531 05:52:14,958 --> 05:52:26,050 settings and organize the rest of your 9532 05:52:17,560 --> 05:52:26,050 [Music] 9533 05:52:28,680 --> 05:52:33,798 account hi everybody and welcome to this 9534 05:52:31,600 --> 05:52:37,040 module we're going to be covering 9535 05:52:33,798 --> 05:52:39,600 everything from printify to Shopify by 9536 05:52:37,040 --> 05:52:42,000 focusing on fulfillment so this is a 9537 05:52:39,600 --> 05:52:43,600 really important part of print on demand 9538 05:52:42,000 --> 05:52:45,958 because if you're not able to fulfill 9539 05:52:43,600 --> 05:52:48,440 your products your customers are never 9540 05:52:45,958 --> 05:52:50,400 going to actually receive anything so 9541 05:52:48,440 --> 05:52:52,478 today we're going to walk through 9542 05:52:50,400 --> 05:52:56,440 everything that there is to really know 9543 05:52:52,478 --> 05:52:58,840 about printify as well as getting your 9544 05:52:56,440 --> 05:53:02,040 products ready on the Shopify side and 9545 05:52:58,840 --> 05:53:04,120 ready to launch and go live so we're 9546 05:53:02,040 --> 05:53:04,958 first going to start off with printify 9547 05:53:04,120 --> 05:53:07,280 the first thing that you're going to 9548 05:53:04,958 --> 05:53:08,760 want to do is open up that print account 9549 05:53:07,280 --> 05:53:12,440 and we're just going to kind of go 9550 05:53:08,760 --> 05:53:14,718 through the dashboard over here and play 9551 05:53:12,440 --> 05:53:16,360 around so as you can see right now I'm 9552 05:53:14,718 --> 05:53:19,040 in my products you can see the different 9553 05:53:16,360 --> 05:53:21,840 t-shirts that Chris and I have already 9554 05:53:19,040 --> 05:53:24,040 imported for this new print on demand 9555 05:53:21,840 --> 05:53:25,878 store but if you click your dashboard 9556 05:53:24,040 --> 05:53:28,958 this is going to kind of give you a 9557 05:53:25,878 --> 05:53:31,440 little overview of your overall printify 9558 05:53:28,958 --> 05:53:34,600 account as you can see orders requiring 9559 05:53:31,440 --> 05:53:37,160 action there are currently none this 9560 05:53:34,600 --> 05:53:39,920 would have some numbers if like maybe 9561 05:53:37,160 --> 05:53:41,840 you had a shirt that was out of stock 9562 05:53:39,920 --> 05:53:43,400 and somebody ordered that shirt you 9563 05:53:41,840 --> 05:53:46,080 would have a little order here saying 9564 05:53:43,400 --> 05:53:48,360 like hey this order we can't push it 9565 05:53:46,080 --> 05:53:50,718 through it has some sort of issue you 9566 05:53:48,360 --> 05:53:53,280 need to take a look at it and figure out 9567 05:53:50,718 --> 05:53:55,240 like what you want to do to fix it so 9568 05:53:53,280 --> 05:53:57,400 it's always good that this is zero but 9569 05:53:55,240 --> 05:54:00,080 it's okay if it's not zero issues are 9570 05:53:57,400 --> 05:54:02,040 going to arise problems are going to 9571 05:54:00,080 --> 05:54:04,718 happen and we're just going to tackle 9572 05:54:02,040 --> 05:54:06,400 them as they occur cost to date Zero 9573 05:54:04,718 --> 05:54:09,958 this would tell you exactly how much 9574 05:54:06,400 --> 05:54:12,080 you've spent on your production taxes 9575 05:54:09,958 --> 05:54:14,040 that kind of stuff with printify 9576 05:54:12,080 --> 05:54:16,638 specifically um so this is kind of like 9577 05:54:14,040 --> 05:54:18,840 a good area to know your overall cost of 9578 05:54:16,638 --> 05:54:20,958 goods of what you've paid with printify 9579 05:54:18,840 --> 05:54:22,718 products published we have over 40 9580 05:54:20,958 --> 05:54:24,240 they'll give you trending now kind of 9581 05:54:22,718 --> 05:54:26,680 different products that you could put on 9582 05:54:24,240 --> 05:54:28,958 your store potentially Chris and I never 9583 05:54:26,680 --> 05:54:30,558 really explore these options because 9584 05:54:28,958 --> 05:54:32,798 they are printed with different print 9585 05:54:30,558 --> 05:54:35,120 providers specifically we like to use 9586 05:54:32,798 --> 05:54:38,080 Monster Digital they're wonderful for 9587 05:54:35,120 --> 05:54:40,478 t-shirts apparel they're very fast have 9588 05:54:38,080 --> 05:54:42,520 minimal issues or mistakes but as you 9589 05:54:40,478 --> 05:54:44,760 can see all of these print providers are 9590 05:54:42,520 --> 05:54:47,000 different from Monster Digital so you 9591 05:54:44,760 --> 05:54:48,840 can add them to your store but just know 9592 05:54:47,000 --> 05:54:51,000 that you are going to be paying a double 9593 05:54:48,840 --> 05:54:53,080 shipping price on those products like if 9594 05:54:51,000 --> 05:54:54,798 somebody ordered a T-shirt and a mug 9595 05:54:53,080 --> 05:54:56,280 you're going to be paying double the 9596 05:54:54,798 --> 05:54:58,760 shipping because they're coming from two 9597 05:54:56,280 --> 05:55:00,958 completely different areas and shipping 9598 05:54:58,760 --> 05:55:03,120 to the same person and down here 9599 05:55:00,958 --> 05:55:05,320 printify has you know their blog which 9600 05:55:03,120 --> 05:55:06,760 can have some great information in it 9601 05:55:05,320 --> 05:55:09,160 how to do print on demand demand 9602 05:55:06,760 --> 05:55:11,120 creating products um as well as 9603 05:55:09,160 --> 05:55:12,600 different webinars that printify will 9604 05:55:11,120 --> 05:55:14,798 put on throughout the year where you can 9605 05:55:12,600 --> 05:55:17,520 learn from other people who have scaled 9606 05:55:14,798 --> 05:55:20,360 up their Stores um and have become 9607 05:55:17,520 --> 05:55:22,478 really profitable and done very well by 9608 05:55:20,360 --> 05:55:25,320 specifically using printify so this is 9609 05:55:22,478 --> 05:55:26,920 your little dashboard area um that kind 9610 05:55:25,320 --> 05:55:29,320 of just gives you the breakdown of your 9611 05:55:26,920 --> 05:55:30,638 store I know Chris kind of went through 9612 05:55:29,320 --> 05:55:33,680 this but the next thing that we can look 9613 05:55:30,638 --> 05:55:36,040 at is your catalog catalog is simply all 9614 05:55:33,680 --> 05:55:40,080 of the different products that printify 9615 05:55:36,040 --> 05:55:41,600 can offer you as a seller so we can you 9616 05:55:40,080 --> 05:55:43,080 know go through kind of do the little 9617 05:55:41,600 --> 05:55:45,360 quiz that they give you or just click 9618 05:55:43,080 --> 05:55:48,200 viewing the overall catalog so 9619 05:55:45,360 --> 05:55:50,760 everything from apparel to candles wall 9620 05:55:48,200 --> 05:55:54,040 decorations they are now starting to add 9621 05:55:50,760 --> 05:55:57,000 Beauty so if you are interested in doing 9622 05:55:54,040 --> 05:55:59,240 a supplement brand or potentially doing 9623 05:55:57,000 --> 05:56:02,240 beauty products this is something that 9624 05:55:59,240 --> 05:56:04,638 you can do as well now with printify 9625 05:56:02,240 --> 05:56:06,478 which is pretty crazy but Chris and I 9626 05:56:04,638 --> 05:56:08,638 we've always focused really just on 9627 05:56:06,478 --> 05:56:10,478 apparel it's what we know best so I 9628 05:56:08,638 --> 05:56:13,320 can't give you too much advice when it 9629 05:56:10,478 --> 05:56:15,840 comes to you know doing a supplement or 9630 05:56:13,320 --> 05:56:18,200 a beauty brand but printify is making it 9631 05:56:15,840 --> 05:56:20,120 very easy to get started in in that 9632 05:56:18,200 --> 05:56:21,638 Niche so you can play around and kind of 9633 05:56:20,120 --> 05:56:24,280 see the different you know print 9634 05:56:21,638 --> 05:56:27,160 providers look at the different styles 9635 05:56:24,280 --> 05:56:28,600 of shirts um and just get an idea of 9636 05:56:27,160 --> 05:56:31,400 like what you would truly want to be 9637 05:56:28,600 --> 05:56:33,080 selling um we already saw my products we 9638 05:56:31,400 --> 05:56:35,760 can click the orders button this is 9639 05:56:33,080 --> 05:56:38,280 where all of your orders are going to 9640 05:56:35,760 --> 05:56:39,878 kind of be like like thrown in so the 9641 05:56:38,280 --> 05:56:42,280 way that print on demand works is 9642 05:56:39,878 --> 05:56:44,718 somebody is going to purchase from your 9643 05:56:42,280 --> 05:56:47,280 Shopify store or your website from there 9644 05:56:44,718 --> 05:56:49,240 Shopify is going to send this order to 9645 05:56:47,280 --> 05:56:51,638 printify automatically you won't have to 9646 05:56:49,240 --> 05:56:54,040 do anything when somebody places an 9647 05:56:51,638 --> 05:56:56,478 order you will see it it will pop up 9648 05:56:54,040 --> 05:56:58,840 right here in this orders page and from 9649 05:56:56,478 --> 05:57:00,760 there that's where you can see all the 9650 05:56:58,840 --> 05:57:03,798 same information that the customer put 9651 05:57:00,760 --> 05:57:05,718 in on the Shopify side and as you watch 9652 05:57:03,798 --> 05:57:09,120 over the course of a couple days it'll 9653 05:57:05,718 --> 05:57:11,638 you know change from being like on hold 9654 05:57:09,120 --> 05:57:14,360 that's before it goes into production to 9655 05:57:11,638 --> 05:57:16,558 then being in production meaning Monster 9656 05:57:14,360 --> 05:57:19,240 Digital or whatever print provider you 9657 05:57:16,558 --> 05:57:22,080 select is actually working on printing 9658 05:57:19,240 --> 05:57:26,360 your product and then shipping it to the 9659 05:57:22,080 --> 05:57:28,478 customer to ready to ship to then on the 9660 05:57:26,360 --> 05:57:30,400 way so on the way means it's already 9661 05:57:28,478 --> 05:57:33,040 been shipped it has left the print 9662 05:57:30,400 --> 05:57:35,958 providers fulfillment center it is 9663 05:57:33,040 --> 05:57:39,600 currently being shipped to your customer 9664 05:57:35,958 --> 05:57:41,320 and and once they receive it those 9665 05:57:39,600 --> 05:57:44,798 orders will then get put into the 9666 05:57:41,320 --> 05:57:47,160 delivered area so that's kind of how all 9667 05:57:44,798 --> 05:57:50,520 these orders will go through their like 9668 05:57:47,160 --> 05:57:52,680 different phases of being fulfilled 9669 05:57:50,520 --> 05:57:56,600 something that you can take a look at 9670 05:57:52,680 --> 05:57:59,400 from time to time is if an order has 9671 05:57:56,600 --> 05:58:03,000 issues so this could be anywhere from 9672 05:57:59,400 --> 05:58:05,798 the address can't be found in pri's like 9673 05:58:03,000 --> 05:58:08,120 thirdparty address like basically a 9674 05:58:05,798 --> 05:58:11,920 third party address Checker so this is 9675 05:58:08,120 --> 05:58:14,200 going to basically make sure that the 9676 05:58:11,920 --> 05:58:17,280 address that your customer gave is an 9677 05:58:14,200 --> 05:58:19,638 address that a shipping company will 9678 05:58:17,280 --> 05:58:22,638 actually be able to find now this 9679 05:58:19,638 --> 05:58:25,600 doesn't typically happen in US orders 9680 05:58:22,638 --> 05:58:28,160 but if you do start to print and ship 9681 05:58:25,600 --> 05:58:30,120 and fulfill outside of the US that's 9682 05:58:28,160 --> 05:58:32,200 when the addresses can get a little bit 9683 05:58:30,120 --> 05:58:35,200 tricky and they're just a little bit 9684 05:58:32,200 --> 05:58:37,600 different from typically what the US has 9685 05:58:35,200 --> 05:58:40,400 so that's kind of the majority of like 9686 05:58:37,600 --> 05:58:42,280 has issues um you can have issues if 9687 05:58:40,400 --> 05:58:44,360 something's out of stock this is going 9688 05:58:42,280 --> 05:58:46,120 to typically be a big red button so 9689 05:58:44,360 --> 05:58:48,080 you'll know those orders that do have 9690 05:58:46,120 --> 05:58:50,160 issues and then you can reach out to the 9691 05:58:48,080 --> 05:58:52,760 customer and see how you would like the 9692 05:58:50,160 --> 05:58:54,400 issue to be resolved you can typically 9693 05:58:52,760 --> 05:58:56,798 send it to a different print provider 9694 05:58:54,400 --> 05:58:58,680 who has stock in that shirt they can 9695 05:58:56,798 --> 05:59:01,600 then ship it to the customer just for 9696 05:58:58,680 --> 05:59:03,400 that one order or you can refund the 9697 05:59:01,600 --> 05:59:05,120 customer and PR IFI will give you your 9698 05:59:03,400 --> 05:59:07,478 money back since they never actually 9699 05:59:05,120 --> 05:59:11,000 fulfilled the order so this is just a 9700 05:59:07,478 --> 05:59:13,360 quick little breakdown of the orders 9701 05:59:11,000 --> 05:59:15,080 tabs um again right now we don't have 9702 05:59:13,360 --> 05:59:17,760 anything in here because our store is 9703 05:59:15,080 --> 05:59:19,478 not currently live um but once we start 9704 05:59:17,760 --> 05:59:21,478 taking orders we'll be able to show you 9705 05:59:19,478 --> 05:59:23,400 videos showing that these orders are 9706 05:59:21,478 --> 05:59:26,240 going through printify the different 9707 05:59:23,400 --> 05:59:28,680 stages that they're in and how to deal 9708 05:59:26,240 --> 05:59:31,958 with any issues that come up next we can 9709 05:59:28,680 --> 05:59:34,680 go to the wallet app as you can see you 9710 05:59:31,958 --> 05:59:36,520 can subscribe here for printify premium 9711 05:59:34,680 --> 05:59:39,878 this is a way that you can get a 20 % 9712 05:59:36,520 --> 05:59:41,840 discount off of all of the products so 9713 05:59:39,878 --> 05:59:45,080 this is a great way to save money it's 9714 05:59:41,840 --> 05:59:47,520 $29 per month um and you can pay a 9715 05:59:45,080 --> 05:59:50,000 yearly subscription to kind of bring 9716 05:59:47,520 --> 05:59:52,680 that monthly cost down this is also 9717 05:59:50,000 --> 05:59:55,080 where you can add your your credit card 9718 05:59:52,680 --> 05:59:57,200 and your payment so how are you going to 9719 05:59:55,080 --> 05:59:59,520 pay for these orders typically Chris and 9720 05:59:57,200 --> 06:00:02,000 I just connect at one of our business 9721 05:59:59,520 --> 06:00:04,558 credit cards um and this way every time 9722 06:00:02,000 --> 06:00:07,200 an order gets placed will automatically 9723 06:00:04,558 --> 06:00:10,080 fulfill those orders around midnight and 9724 06:00:07,200 --> 06:00:11,958 it'll all go in as like one lump charge 9725 06:00:10,080 --> 06:00:14,200 for the end of the day which makes it 9726 06:00:11,958 --> 06:00:16,280 very nice and easy to calculate what 9727 06:00:14,200 --> 06:00:18,638 your cost of goods were and the cost of 9728 06:00:16,280 --> 06:00:21,958 good percent of your overall Revenue you 9729 06:00:18,638 --> 06:00:24,360 can also pay with PayPal and top up this 9730 06:00:21,958 --> 06:00:26,400 like little wallet that they have this 9731 06:00:24,360 --> 06:00:29,240 is where all of your transactions will 9732 06:00:26,400 --> 06:00:31,360 be shown so every time that printify has 9733 06:00:29,240 --> 06:00:34,000 to charge your credit card you'll see 9734 06:00:31,360 --> 06:00:37,280 all of those charges here invoices this 9735 06:00:34,000 --> 06:00:40,120 is where all invoices will go at the end 9736 06:00:37,280 --> 06:00:41,840 of a month um So currently we have our 9737 06:00:40,120 --> 06:00:44,280 invoices disabled but we'll go through 9738 06:00:41,840 --> 06:00:46,600 all the settings of what we like to have 9739 06:00:44,280 --> 06:00:49,520 you know set up on the printify side so 9740 06:00:46,600 --> 06:00:52,080 that it's easy for you guys to follow 9741 06:00:49,520 --> 06:00:54,520 along in our videos but these are where 9742 06:00:52,080 --> 06:00:55,478 our monthly invoices are going to go 9743 06:00:54,520 --> 06:00:59,600 that are going to give you that 9744 06:00:55,478 --> 06:01:03,200 breakdown of your production cost your 9745 06:00:59,600 --> 06:01:05,920 sales tax as well as your shipping costs 9746 06:01:03,200 --> 06:01:07,280 you can do per order invoices we don't 9747 06:01:05,920 --> 06:01:10,360 typically do that and then any 9748 06:01:07,280 --> 06:01:12,798 withdrawals so like if let's say you had 9749 06:01:10,360 --> 06:01:16,638 put money from PayPal or something in 9750 06:01:12,798 --> 06:01:18,638 your uh printify balance um you could 9751 06:01:16,638 --> 06:01:21,240 actually withdraw it from printify and 9752 06:01:18,638 --> 06:01:24,320 put it back into PayPal if you needed to 9753 06:01:21,240 --> 06:01:26,558 um again we don't typically top off this 9754 06:01:24,320 --> 06:01:29,360 this printify wallet kind of thing that 9755 06:01:26,558 --> 06:01:31,080 they use but that is an option for you 9756 06:01:29,360 --> 06:01:33,400 next we'll go to taxes this is where you 9757 06:01:31,080 --> 06:01:36,600 can set up all of your all of your sales 9758 06:01:33,400 --> 06:01:38,680 tax so this can be for vat which is is 9759 06:01:36,600 --> 06:01:41,320 for international orders outside of the 9760 06:01:38,680 --> 06:01:44,440 United States um USA you're going to 9761 06:01:41,320 --> 06:01:47,120 throw in sales tax so we'll go through a 9762 06:01:44,440 --> 06:01:49,240 whole thing about how to get a sales 9763 06:01:47,120 --> 06:01:51,520 certificate how to give that information 9764 06:01:49,240 --> 06:01:54,240 to printify so that you're no longer 9765 06:01:51,520 --> 06:01:55,760 being charged for sales tax because it 9766 06:01:54,240 --> 06:01:58,878 means that you're collecting it and 9767 06:01:55,760 --> 06:02:01,958 remitting it yourself um and also Canada 9768 06:01:58,878 --> 06:02:04,320 had to submit a certificate um so if you 9769 06:02:01,958 --> 06:02:06,600 had these resale certificates they would 9770 06:02:04,320 --> 06:02:09,718 be right here in 9771 06:02:06,600 --> 06:02:11,840 in this tax area they do make it very 9772 06:02:09,718 --> 06:02:13,878 easy and I'll be able to show you guys 9773 06:02:11,840 --> 06:02:16,240 how to actually submit a certificate 9774 06:02:13,878 --> 06:02:18,440 later on lastly we're going to go to 9775 06:02:16,240 --> 06:02:21,080 rewards no rewards yet but if there were 9776 06:02:18,440 --> 06:02:23,240 rewards they would be set up here 9777 06:02:21,080 --> 06:02:26,440 insights this is similar I would say to 9778 06:02:23,240 --> 06:02:28,958 your Shopify analytics page so once they 9779 06:02:26,440 --> 06:02:30,600 get enough information on the orders 9780 06:02:28,958 --> 06:02:33,200 that you're receiving they'll be able to 9781 06:02:30,600 --> 06:02:36,120 give you feedback on those on those 9782 06:02:33,200 --> 06:02:37,920 orders right here in this insights tab 9783 06:02:36,120 --> 06:02:41,160 um so nothing to really see at this 9784 06:02:37,920 --> 06:02:43,798 moment but let's get into Store settings 9785 06:02:41,160 --> 06:02:46,360 so as you can see we have named our 9786 06:02:43,798 --> 06:02:49,200 store my store you can name your store 9787 06:02:46,360 --> 06:02:50,878 whatever whatever you would like um but 9788 06:02:49,200 --> 06:02:53,680 this is where you are able to edit that 9789 06:02:50,878 --> 06:02:55,760 store name your ship from address we 9790 06:02:53,680 --> 06:02:58,320 always just do a printify default you 9791 06:02:55,760 --> 06:03:00,160 can put in your own custom address um if 9792 06:02:58,320 --> 06:03:02,240 you wanted to use like your home address 9793 06:03:00,160 --> 06:03:03,080 or whatever address you have linked to 9794 06:03:02,240 --> 06:03:05,400 your 9795 06:03:03,080 --> 06:03:07,520 business um and then these again are 9796 06:03:05,400 --> 06:03:09,478 just if you sold in Germany or the UK 9797 06:03:07,520 --> 06:03:12,160 like where would you want the where 9798 06:03:09,478 --> 06:03:14,638 would you want your address to be or 9799 06:03:12,160 --> 06:03:16,958 what would you want that that shipping 9800 06:03:14,638 --> 06:03:18,638 address to be again we just picked the 9801 06:03:16,958 --> 06:03:21,200 print of by default for all of them 9802 06:03:18,638 --> 06:03:23,080 order settings now this is really 9803 06:03:21,200 --> 06:03:25,840 important because we have talk about 9804 06:03:23,080 --> 06:03:28,840 order routing so this is a lot of times 9805 06:03:25,840 --> 06:03:31,360 if there is an issue with let's say out 9806 06:03:28,840 --> 06:03:34,878 of stock this is your way to tell 9807 06:03:31,360 --> 06:03:38,320 printify hey I am fine with you finding 9808 06:03:34,878 --> 06:03:42,478 a different print provider for me that 9809 06:03:38,320 --> 06:03:45,440 is within this range budget wise that is 9810 06:03:42,478 --> 06:03:47,558 able to fulfill it so we always enable 9811 06:03:45,440 --> 06:03:49,600 order routing because it just makes our 9812 06:03:47,558 --> 06:03:52,600 life easier and then you can decide if 9813 06:03:49,600 --> 06:03:55,760 you want similar product matches so we 9814 06:03:52,600 --> 06:03:58,638 use Gilden 64,000 let's say the closest 9815 06:03:55,760 --> 06:04:00,680 match was like a Gilden 5,000 are you 9816 06:03:58,638 --> 06:04:02,638 okay with your customer maybe not 9817 06:04:00,680 --> 06:04:05,280 getting that exact same shirt I would 9818 06:04:02,638 --> 06:04:07,920 say the exact product matches only 9819 06:04:05,280 --> 06:04:10,040 because if it is that big of an issue we 9820 06:04:07,920 --> 06:04:12,920 can reach out to our customer and ask 9821 06:04:10,040 --> 06:04:15,600 them if they would want a different 9822 06:04:12,920 --> 06:04:17,798 color if they'd want a different type of 9823 06:04:15,600 --> 06:04:20,718 shirt if they would rather just get 9824 06:04:17,798 --> 06:04:23,080 their money you know returned to them um 9825 06:04:20,718 --> 06:04:25,360 so I'll always say exact product matches 9826 06:04:23,080 --> 06:04:27,120 only if printify is not able to do that 9827 06:04:25,360 --> 06:04:28,680 I would then reach out to the customer 9828 06:04:27,120 --> 06:04:31,600 but here you can actually look into 9829 06:04:28,680 --> 06:04:34,120 seeing how order rerouting works again 9830 06:04:31,600 --> 06:04:37,558 we kind of went over the gist of it um 9831 06:04:34,120 --> 06:04:41,240 and then some different examples of when 9832 06:04:37,558 --> 06:04:43,400 printify would reroute your order it's 9833 06:04:41,240 --> 06:04:46,160 you know pretty rare I don't think it it 9834 06:04:43,400 --> 06:04:48,558 happens that often specifically with the 9835 06:04:46,160 --> 06:04:51,878 print provider that we've selected order 9836 06:04:48,558 --> 06:04:53,760 approval this is great because you can 9837 06:04:51,878 --> 06:04:56,120 automatically set how you would want 9838 06:04:53,760 --> 06:04:57,760 your orders to go through so manually 9839 06:04:56,120 --> 06:05:01,000 you would manually have to go through 9840 06:04:57,760 --> 06:05:02,840 that orders Tab and select the orders 9841 06:05:01,000 --> 06:05:04,798 that you would want to move to 9842 06:05:02,840 --> 06:05:06,920 production basically saying to the print 9843 06:05:04,798 --> 06:05:09,958 provider hey I'm I am approving this 9844 06:05:06,920 --> 06:05:12,958 order you can now start working on 9845 06:05:09,958 --> 06:05:15,320 Printing and then shipping this product 9846 06:05:12,958 --> 06:05:17,280 automatically every hour so that means 9847 06:05:15,320 --> 06:05:19,478 every hour that you're getting orders 9848 06:05:17,280 --> 06:05:21,840 they are charging your card or charging 9849 06:05:19,478 --> 06:05:25,040 your wallet and automatically pushing 9850 06:05:21,840 --> 06:05:28,000 those orders into production 9851 06:05:25,040 --> 06:05:31,040 automatically every 24 hours and then 9852 06:05:28,000 --> 06:05:34,600 automatically set time so we always 9853 06:05:31,040 --> 06:05:36,558 select automatically set time and then I 9854 06:05:34,600 --> 06:05:40,360 change this for 9855 06:05:36,558 --> 06:05:44,000 for like 11: we'll say like 9856 06:05:40,360 --> 06:05:46,798 11:53 p.m. so right before midnight 9857 06:05:44,000 --> 06:05:49,638 basically and that way it can cover all 9858 06:05:46,798 --> 06:05:53,600 of your orders that you've received over 9859 06:05:49,638 --> 06:05:55,080 the full 24-hour day without like let's 9860 06:05:53,600 --> 06:05:56,760 say you got an order like right at 9861 06:05:55,080 --> 06:05:59,040 midnight that's going to count towards 9862 06:05:56,760 --> 06:06:01,000 the next day this is just going to keep 9863 06:05:59,040 --> 06:06:03,520 our cost of goods kind of like nice 9864 06:06:01,000 --> 06:06:07,240 clean and organized and give us the most 9865 06:06:03,520 --> 06:06:10,280 realistic number so I always set this 9866 06:06:07,240 --> 06:06:12,160 automatically set time and for around 9867 06:06:10,280 --> 06:06:15,478 11:50 9868 06:06:12,160 --> 06:06:17,600 11:55 somewhere around there tracking 9869 06:06:15,478 --> 06:06:19,840 receive it as soon as it's available 9870 06:06:17,600 --> 06:06:23,120 this means that they'll send you 9871 06:06:19,840 --> 06:06:26,080 tracking information on large orders um 9872 06:06:23,120 --> 06:06:29,240 as soon as that tracking is available 9873 06:06:26,080 --> 06:06:31,680 okay so this is printify part two since 9874 06:06:29,240 --> 06:06:33,638 the video failed as you can see we will 9875 06:06:31,680 --> 06:06:36,920 receive that tracking information as 9876 06:06:33,638 --> 06:06:39,040 soon as it is available for us I always 9877 06:06:36,920 --> 06:06:41,360 prefer just to have that information as 9878 06:06:39,040 --> 06:06:44,440 soon as we possibly can um delayed 9879 06:06:41,360 --> 06:06:45,798 orders due to shipping restrictions yeah 9880 06:06:44,440 --> 06:06:47,958 I would just automatically send 9881 06:06:45,798 --> 06:06:49,840 everything to production if there's any 9882 06:06:47,958 --> 06:06:51,840 kind of issue with it being sent they're 9883 06:06:49,840 --> 06:06:53,200 going to put it in the has issues and 9884 06:06:51,840 --> 06:06:55,478 you're going to be able to resolve that 9885 06:06:53,200 --> 06:06:57,160 issue on your own anyways I would rather 9886 06:06:55,478 --> 06:07:00,718 it just automatically go and then would 9887 06:06:57,160 --> 06:07:03,040 you like to have daily order updates I 9888 06:07:00,718 --> 06:07:04,878 do receive these which is nice because 9889 06:07:03,040 --> 06:07:08,040 it'll tell me if there is an out of 9890 06:07:04,878 --> 06:07:10,160 stock issue um if you're not like 9891 06:07:08,040 --> 06:07:12,000 checking your orders in printify every 9892 06:07:10,160 --> 06:07:14,360 single day so this is definitely 9893 06:07:12,000 --> 06:07:15,760 something that's good to have turned on 9894 06:07:14,360 --> 06:07:19,040 um and then once you're done making 9895 06:07:15,760 --> 06:07:22,160 these changes we're going to click save 9896 06:07:19,040 --> 06:07:24,798 so printify connect we're going to talk 9897 06:07:22,160 --> 06:07:27,958 about printify connect with customer 9898 06:07:24,798 --> 06:07:30,000 service it's basically pri's way of kind 9899 06:07:27,958 --> 06:07:32,558 of handling customer service for 9900 06:07:30,000 --> 06:07:36,360 yourself you do need a printify premium 9901 06:07:32,558 --> 06:07:38,360 account in order to use this service 9902 06:07:36,360 --> 06:07:40,798 specifically Chris and I do not use this 9903 06:07:38,360 --> 06:07:43,280 service at this time but it can be a 9904 06:07:40,798 --> 06:07:46,400 great thing to add on if you're somebody 9905 06:07:43,280 --> 06:07:48,478 who's brand new to the industry it just 9906 06:07:46,400 --> 06:07:50,280 doesn't quite fit all of our needs that 9907 06:07:48,478 --> 06:07:52,200 we have for customer service at this 9908 06:07:50,280 --> 06:07:54,040 point in time but again I will go 9909 06:07:52,200 --> 06:07:56,478 through this in much more detail when we 9910 06:07:54,040 --> 06:07:58,600 get to the customer service portion of 9911 06:07:56,478 --> 06:08:01,000 this course this is going to be really 9912 06:07:58,600 --> 06:08:05,040 important your shipping profiles you 9913 06:08:01,000 --> 06:08:06,798 want to click General profile because if 9914 06:08:05,040 --> 06:08:09,520 you are automatically assign a new 9915 06:08:06,798 --> 06:08:12,120 shipping profile to every single order 9916 06:08:09,520 --> 06:08:15,478 it's going to change the price of your 9917 06:08:12,120 --> 06:08:17,200 shipping for the customer if that makes 9918 06:08:15,478 --> 06:08:19,160 sense so you want to click General 9919 06:08:17,200 --> 06:08:22,040 profile because it's going to actually 9920 06:08:19,160 --> 06:08:24,600 apply whatever shipping the customer 9921 06:08:22,040 --> 06:08:26,558 paid yeah instead of it putting in what 9922 06:08:24,600 --> 06:08:28,798 you've charged your customer for 9923 06:08:26,558 --> 06:08:31,798 shipping it's going to change that 9924 06:08:28,798 --> 06:08:34,958 within the printify side so we always 9925 06:08:31,798 --> 06:08:36,558 charge a flat shipping fee on Shopify 9926 06:08:34,958 --> 06:08:39,840 it's usually like 9927 06:08:36,558 --> 06:08:42,000 $4.95 somewhere around there but this 9928 06:08:39,840 --> 06:08:45,478 will actually use geolocation and charge 9929 06:08:42,000 --> 06:08:47,400 somebody like 725 for their shipping and 9930 06:08:45,478 --> 06:08:49,160 then it just turns into a big mess 9931 06:08:47,400 --> 06:08:51,160 customers are always really confused by 9932 06:08:49,160 --> 06:08:53,478 it um so you want to make sure that that 9933 06:08:51,160 --> 06:08:55,680 General profile is clicked and you apply 9934 06:08:53,478 --> 06:08:59,440 it so that whatever you've set up 9935 06:08:55,680 --> 06:09:02,240 shipping wise on Shopify stays with on 9936 06:08:59,440 --> 06:09:04,600 Shopify shipping calculator no we don't 9937 06:09:02,240 --> 06:09:06,360 need to do that again that this is kind 9938 06:09:04,600 --> 06:09:08,400 of like that creating a new shipping 9939 06:09:06,360 --> 06:09:11,718 profile for everything if you enable 9940 06:09:08,400 --> 06:09:13,920 this you you can enable it but customers 9941 06:09:11,718 --> 06:09:15,798 may turn away when they see oh it's 9942 06:09:13,920 --> 06:09:18,760 going to cost me you know 9943 06:09:15,798 --> 06:09:22,000 $99.50 to get this t-shirt like yeah no 9944 06:09:18,760 --> 06:09:25,200 way and and they'll leave so you can add 9945 06:09:22,000 --> 06:09:27,798 these we specifically do not we just 9946 06:09:25,200 --> 06:09:29,878 keep our flat you know shipping fee and 9947 06:09:27,798 --> 06:09:32,240 then branding this is where you can add 9948 06:09:29,878 --> 06:09:35,120 package inserts if you'd like again it's 9949 06:09:32,240 --> 06:09:37,360 with select print providers um so if you 9950 06:09:35,120 --> 06:09:40,798 click on these These are the the print 9951 06:09:37,360 --> 06:09:43,520 providers that do provide these printed 9952 06:09:40,798 --> 06:09:45,798 inserts where you can have your brand 9953 06:09:43,520 --> 06:09:47,638 name you could have your socials for 9954 06:09:45,798 --> 06:09:50,200 them to follow you on just kind of 9955 06:09:47,638 --> 06:09:53,240 different information for the customer 9956 06:09:50,200 --> 06:09:55,638 to have about your brand so Monster 9957 06:09:53,240 --> 06:09:57,558 Digital has them we do use them on our 9958 06:09:55,638 --> 06:10:01,040 brand that we currently run right now 9959 06:09:57,558 --> 06:10:03,400 again they're 15 cents per insert 10 9960 06:10:01,040 --> 06:10:05,760 cents if you have printify premium so 9961 06:10:03,400 --> 06:10:08,638 another one of those perks of being 9962 06:10:05,760 --> 06:10:11,760 signed up for the $29 per month printify 9963 06:10:08,638 --> 06:10:14,240 premium and then gift messages I think 9964 06:10:11,760 --> 06:10:17,120 we don't typically do any gift messages 9965 06:10:14,240 --> 06:10:19,080 on Shopify we don't get many people who 9966 06:10:17,120 --> 06:10:21,798 are asking for them it's definitely I 9967 06:10:19,080 --> 06:10:24,520 think more important for an Etsy order 9968 06:10:21,798 --> 06:10:25,878 than necessarily A Shopify store but 9969 06:10:24,520 --> 06:10:28,080 this is something that you could look 9970 06:10:25,878 --> 06:10:30,320 into if you get a lot of people who seem 9971 06:10:28,080 --> 06:10:32,160 to be buying your t-shirts for gifts 9972 06:10:30,320 --> 06:10:34,120 then this could be a great little insert 9973 06:10:32,160 --> 06:10:36,920 that oh yeah gift messages are currently 9974 06:10:34,120 --> 06:10:38,760 available for all Etsy or ERS um yeah 9975 06:10:36,920 --> 06:10:41,840 manually created so there's really no 9976 06:10:38,760 --> 06:10:44,638 way for them to do this for Shopify 9977 06:10:41,840 --> 06:10:46,200 owners at this point in time so I think 9978 06:10:44,638 --> 06:10:48,638 something that could be cool eventually 9979 06:10:46,200 --> 06:10:50,680 down the road um but right now not 9980 06:10:48,638 --> 06:10:52,320 something that we can you know use and 9981 06:10:50,680 --> 06:10:54,558 take advantage of but these are the 9982 06:10:52,320 --> 06:10:56,840 store settings that Chris and I have 9983 06:10:54,558 --> 06:10:58,520 used on our current brand and other 9984 06:10:56,840 --> 06:11:00,360 brands that we've fulfilled with 9985 06:10:58,520 --> 06:11:02,718 printify so just make sure when you're 9986 06:11:00,360 --> 06:11:04,840 setting up your store that you are 9987 06:11:02,718 --> 06:11:07,200 double-checking these settings because 9988 06:11:04,840 --> 06:11:09,478 if they are off you can run into some 9989 06:11:07,200 --> 06:11:14,400 issues and then the last thing on the 9990 06:11:09,478 --> 06:11:16,680 side here is branding so branding we 9991 06:11:14,400 --> 06:11:18,840 already saw those package inserts this 9992 06:11:16,680 --> 06:11:20,798 is where you can set that up and kind of 9993 06:11:18,840 --> 06:11:23,718 create like how You' want your insert to 9994 06:11:20,798 --> 06:11:25,320 look um and you can also do neck labels 9995 06:11:23,718 --> 06:11:27,120 so this is something that we do on our 9996 06:11:25,320 --> 06:11:28,920 current brand right now I don't think 9997 06:11:27,120 --> 06:11:32,520 it's necessarily something that you have 9998 06:11:28,920 --> 06:11:33,840 to have starting off but as you start to 9999 06:11:32,520 --> 06:11:35,440 scale up a little bit and you have a 10000 06:11:33,840 --> 06:11:38,920 little bit more money in that budget 10001 06:11:35,440 --> 06:11:42,440 it's just a great way to make your brand 10002 06:11:38,920 --> 06:11:44,478 feel more like legit um not saying that 10003 06:11:42,440 --> 06:11:46,478 it's not legit but again when you get 10004 06:11:44,478 --> 06:11:50,120 kind of get rid of that Gilden tag and 10005 06:11:46,478 --> 06:11:51,958 you've got a nice printed insert with 10006 06:11:50,120 --> 06:11:54,478 you know your brand on it it just kind 10007 06:11:51,958 --> 06:11:56,558 of gives it a more like wholesome feel 10008 06:11:54,478 --> 06:11:58,120 so not something that we need to add on 10009 06:11:56,558 --> 06:12:00,958 today but this is another way that you 10010 06:11:58,120 --> 06:12:03,360 can use this brand these branding tools 10011 06:12:00,958 --> 06:12:05,798 that prfi gives you to really elevate 10012 06:12:03,360 --> 06:12:08,798 your brand that you're building and then 10013 06:12:05,798 --> 06:12:11,040 again gift messages that we are not able 10014 06:12:08,798 --> 06:12:13,920 to use at this time but this is pretty 10015 06:12:11,040 --> 06:12:16,400 much how you should set up your printify 10016 06:12:13,920 --> 06:12:19,040 store um and then the next thing that we 10017 06:12:16,400 --> 06:12:22,920 are going to go into is actually getting 10018 06:12:19,040 --> 06:12:25,638 a product on printify to then Shopify um 10019 06:12:22,920 --> 06:12:28,080 and moving on from there so I hope you 10020 06:12:25,638 --> 06:12:30,400 enjoyed so make sure that you are going 10021 06:12:28,080 --> 06:12:32,440 through all of your store settings and 10022 06:12:30,400 --> 06:12:35,558 you know getting your store really ready 10023 06:12:32,440 --> 06:12:37,638 for that initial launch and then last 10024 06:12:35,558 --> 06:12:39,798 thing that is really great about 10025 06:12:37,638 --> 06:12:41,600 printify is their customer service so if 10026 06:12:39,798 --> 06:12:44,000 you click this little button down in the 10027 06:12:41,600 --> 06:12:47,120 bottom leand corner this is going to 10028 06:12:44,000 --> 06:12:49,798 pull up their customer service chat 10029 06:12:47,120 --> 06:12:51,360 where you can get any anything from 10030 06:12:49,798 --> 06:12:53,680 questions about print on demand and 10031 06:12:51,360 --> 06:12:56,520 printify account management so if you're 10032 06:12:53,680 --> 06:12:59,360 having let's say like issues with 10033 06:12:56,520 --> 06:13:01,638 setting up your account or issues with 10034 06:12:59,360 --> 06:13:04,240 your payment um you would want to click 10035 06:13:01,638 --> 06:13:07,080 account management products and Designs 10036 06:13:04,240 --> 06:13:09,840 if you're having issues with like maybe 10037 06:13:07,080 --> 06:13:11,600 a file size or something like that um 10038 06:13:09,840 --> 06:13:14,718 and then finally order management so if 10039 06:13:11,600 --> 06:13:17,160 you do have an issue with a product you 10040 06:13:14,718 --> 06:13:18,400 can click order management it'll kind of 10041 06:13:17,160 --> 06:13:20,280 ask you some more questions are you 10042 06:13:18,400 --> 06:13:22,840 trying to edit or cancel an order report 10043 06:13:20,280 --> 06:13:24,680 an issue um or do you have something 10044 06:13:22,840 --> 06:13:26,840 else to ask so we can say report an 10045 06:13:24,680 --> 06:13:29,478 issue and then from there give them more 10046 06:13:26,840 --> 06:13:33,120 information about the order what's going 10047 06:13:29,478 --> 06:13:34,798 on and a print ofi representative will 10048 06:13:33,120 --> 06:13:37,320 hop on with you and help talk you 10049 06:13:34,798 --> 06:13:39,520 through through this situation but their 10050 06:13:37,320 --> 06:13:42,400 customer service is I would say 10051 06:13:39,520 --> 06:13:44,878 phenomenal I've having done the customer 10052 06:13:42,400 --> 06:13:46,558 service for our brands for years 10053 06:13:44,878 --> 06:13:48,080 printify customer service has always 10054 06:13:46,558 --> 06:13:50,958 been excellent they're always very 10055 06:13:48,080 --> 06:13:53,920 helpful very polite I cannot recommend 10056 06:13:50,958 --> 06:13:55,638 using their customer service agents for 10057 06:13:53,920 --> 06:13:58,440 really like any issue that you're having 10058 06:13:55,638 --> 06:14:01,240 on printify but yeah this is how I would 10059 06:13:58,440 --> 06:14:03,320 set up our store so make sure that your 10060 06:14:01,240 --> 06:14:07,240 store is set up and that these settings 10061 06:14:03,320 --> 06:14:09,160 are in place prior to Launch so there is 10062 06:14:07,240 --> 06:14:10,718 it's smooth sailing and you know the 10063 06:14:09,160 --> 06:14:12,120 fewer hiccups in the beginning the 10064 06:14:10,718 --> 06:14:14,030 better but thank you for watching and 10065 06:14:12,120 --> 06:14:22,519 I'll see you in the next 10066 06:14:14,030 --> 06:14:22,519 [Music] 10067 06:14:25,280 --> 06:14:30,718 module okay in this module I'm going to 10068 06:14:28,280 --> 06:14:34,160 be going through how you can actually 10069 06:14:30,718 --> 06:14:35,760 create your own mockup on canva for 10070 06:14:34,160 --> 06:14:37,000 pretty cheap they have a lot of 10071 06:14:35,760 --> 06:14:39,520 different options that you can choose 10072 06:14:37,000 --> 06:14:41,760 from but I'll kind of run through how 10073 06:14:39,520 --> 06:14:43,638 I've created the mockup that you will 10074 06:14:41,760 --> 06:14:46,360 currently see and how you can do the 10075 06:14:43,638 --> 06:14:48,200 same and mix and match stuff to work for 10076 06:14:46,360 --> 06:14:49,160 whatever Niche you were selling in so 10077 06:14:48,200 --> 06:14:52,360 the first thing that you're going to 10078 06:14:49,160 --> 06:14:54,958 want to do is go to Etsy and look up the 10079 06:14:52,360 --> 06:14:57,958 different 10080 06:14:54,958 --> 06:14:57,958 Gilden 10081 06:14:58,680 --> 06:15:01,680 64,000 10082 06:15:03,240 --> 06:15:07,878 mockups that they offer and as you can 10083 06:15:05,478 --> 06:15:11,360 see there are a ton of different options 10084 06:15:07,878 --> 06:15:13,360 personally we like to do a l flat option 10085 06:15:11,360 --> 06:15:15,240 because your design then doesn't have 10086 06:15:13,360 --> 06:15:17,680 any creases or anything that's kind of 10087 06:15:15,240 --> 06:15:20,440 funky if you're in more of a feminine 10088 06:15:17,680 --> 06:15:22,520 Niche you could do a mockup more similar 10089 06:15:20,440 --> 06:15:26,478 to this but typically when I'm looking 10090 06:15:22,520 --> 06:15:28,600 for a good blank mockup to use I'm just 10091 06:15:26,478 --> 06:15:30,558 looking for a simple lay flat so as you 10092 06:15:28,600 --> 06:15:33,080 can see this one looks really good they 10093 06:15:30,558 --> 06:15:35,440 have a ton of colors to choose from and 10094 06:15:33,080 --> 06:15:38,040 it looks like they also send you 10095 06:15:35,440 --> 06:15:40,200 a sizing chart as well which is really 10096 06:15:38,040 --> 06:15:42,958 nice and you can use that then on your 10097 06:15:40,200 --> 06:15:44,920 store so this is how your design will 10098 06:15:42,958 --> 06:15:46,320 look it can have a front and a back so 10099 06:15:44,920 --> 06:15:48,718 you can just purchase one of these off 10100 06:15:46,320 --> 06:15:50,520 of etsy it's a quick easy digital 10101 06:15:48,718 --> 06:15:53,478 download again 10102 06:15:50,520 --> 06:15:55,680 $5.50 and then you can use it for pretty 10103 06:15:53,478 --> 06:15:58,760 much any store that you then want to 10104 06:15:55,680 --> 06:16:01,160 launch so I would highly recommend going 10105 06:15:58,760 --> 06:16:03,478 and doing just buying a simple mockup 10106 06:16:01,160 --> 06:16:06,000 online for really cheap and then being 10107 06:16:03,478 --> 06:16:07,638 able to use it in can canva making sure 10108 06:16:06,000 --> 06:16:09,320 that you know the colors are going to 10109 06:16:07,638 --> 06:16:10,840 match what your customer is actually 10110 06:16:09,320 --> 06:16:13,600 purchasing 10111 06:16:10,840 --> 06:16:15,320 Etc so after this you're going to go to 10112 06:16:13,600 --> 06:16:18,440 canva you're going to want to do an 10113 06:16:15,320 --> 06:16:24,798 Instagram size post so a 1080 x 10114 06:16:18,440 --> 06:16:24,798 1080 and we can then upload those 10115 06:16:25,360 --> 06:16:30,920 blanks that um as you can see we can 10116 06:16:29,120 --> 06:16:33,840 upload all those blanks that we just 10117 06:16:30,920 --> 06:16:35,718 downloaded so there are tons and tons of 10118 06:16:33,840 --> 06:16:40,520 color options guys I mean look at these 10119 06:16:35,718 --> 06:16:42,360 like that is crazy it's great we we love 10120 06:16:40,520 --> 06:16:44,440 that we'll just start off with a simple 10121 06:16:42,360 --> 06:16:47,878 white T-shirt this is what's going to be 10122 06:16:44,440 --> 06:16:49,520 our main focus of this mockup personally 10123 06:16:47,878 --> 06:16:51,760 this is the one that we are using for 10124 06:16:49,520 --> 06:16:54,958 this store this is what I was able to 10125 06:16:51,760 --> 06:16:58,040 make right here on canva and it just 10126 06:16:54,958 --> 06:17:00,558 matches kind of like that seasonal Vibe 10127 06:16:58,040 --> 06:17:02,558 we're going for spring so adding like a 10128 06:17:00,558 --> 06:17:04,638 color down here in the corner 10129 06:17:02,558 --> 06:17:06,320 specifically red catches the eye and 10130 06:17:04,638 --> 06:17:08,600 it's right near that call of action 10131 06:17:06,320 --> 06:17:10,920 button on your ads so kind of putting 10132 06:17:08,600 --> 06:17:13,440 something down here in this corner could 10133 06:17:10,920 --> 06:17:15,718 be a good place for somebody's eyes to 10134 06:17:13,440 --> 06:17:18,160 go and then immediately see that oh at 10135 06:17:15,718 --> 06:17:20,440 like buy now button but we have you know 10136 06:17:18,160 --> 06:17:23,920 the flowers we have some Greenery and 10137 06:17:20,440 --> 06:17:26,360 just kind of giving it a very like fresh 10138 06:17:23,920 --> 06:17:28,440 spring Vibe now if it was summer you 10139 06:17:26,360 --> 06:17:31,680 could change these to flipflops you 10140 06:17:28,440 --> 06:17:34,520 could maybe have some sort of like maybe 10141 06:17:31,680 --> 06:17:36,000 a beach towel in this corner instead of 10142 06:17:34,520 --> 06:17:39,000 these flowers so it's just kind of 10143 06:17:36,000 --> 06:17:43,200 thinking of what is your Niche um and 10144 06:17:39,000 --> 06:17:45,478 then planning on a design around that so 10145 06:17:43,200 --> 06:17:47,558 we have our blank t-shirt this is the 10146 06:17:45,478 --> 06:17:50,080 main attraction that's really the thing 10147 06:17:47,558 --> 06:17:51,798 that you want to pop and stand out the 10148 06:17:50,080 --> 06:17:54,080 next thing that I would do is find a 10149 06:17:51,798 --> 06:17:58,878 good background specifically I don't 10150 06:17:54,080 --> 06:18:00,958 know why but we really like a wood vibe 10151 06:17:58,878 --> 06:18:03,320 in all of our mockups our current mockup 10152 06:18:00,958 --> 06:18:04,840 has a wooden floor background as well so 10153 06:18:03,320 --> 06:18:08,320 you can go to elements and you can 10154 06:18:04,840 --> 06:18:08,320 actually select 10155 06:18:08,520 --> 06:18:17,360 um hardwood floor from above so this 10156 06:18:14,160 --> 06:18:20,120 should be like a view looking down onto 10157 06:18:17,360 --> 06:18:21,878 some hardwood floor so not too bad 10158 06:18:20,120 --> 06:18:24,520 that's kind of fun I kind of like how 10159 06:18:21,878 --> 06:18:25,920 there's some darker pieces to it but in 10160 06:18:24,520 --> 06:18:27,320 the middle kind of like where your 10161 06:18:25,920 --> 06:18:29,600 design would be it's a little bit 10162 06:18:27,320 --> 06:18:32,878 lighter so that's not bad I actually 10163 06:18:29,600 --> 06:18:36,280 don't mind the look of that um we can 10164 06:18:32,878 --> 06:18:38,080 keep looking we'll just keep that here 10165 06:18:36,280 --> 06:18:41,160 and then it's just kind of looking for 10166 06:18:38,080 --> 06:18:43,798 other other kind of floors that stand 10167 06:18:41,160 --> 06:18:47,400 out I kind of like that hairing bow I 10168 06:18:43,798 --> 06:18:49,520 don't love how distressed it is 10169 06:18:47,400 --> 06:18:52,680 though 10170 06:18:49,520 --> 06:18:54,920 um you could do something fun like this 10171 06:18:52,680 --> 06:18:57,160 like a teal looks like they have some 10172 06:18:54,920 --> 06:18:59,760 other fun colors so this could be really 10173 06:18:57,160 --> 06:19:01,840 cool too depending on what your Niche is 10174 06:18:59,760 --> 06:19:02,760 um so like if you were doing kind of 10175 06:19:01,840 --> 06:19:05,240 like a 10176 06:19:02,760 --> 06:19:09,040 gardening theme this one one could be 10177 06:19:05,240 --> 06:19:11,040 really fun or like if you were like a 10178 06:19:09,040 --> 06:19:13,558 farming Niche I don't know I feel like 10179 06:19:11,040 --> 06:19:15,280 red just kind of works for a farm so 10180 06:19:13,558 --> 06:19:20,680 just finding 10181 06:19:15,280 --> 06:19:22,600 other wooden pieces that like fit now I 10182 06:19:20,680 --> 06:19:24,160 kind of like the look of this the only 10183 06:19:22,600 --> 06:19:27,878 thing that you have to be careful of is 10184 06:19:24,160 --> 06:19:29,718 like will all the colors pop out so the 10185 06:19:27,878 --> 06:19:32,798 last thing that you want is a wood that 10186 06:19:29,718 --> 06:19:35,000 is too dark because if it's too dark is 10187 06:19:32,798 --> 06:19:36,718 your black or your Navy going to really 10188 06:19:35,000 --> 06:19:38,798 stand out or is it going to just kind of 10189 06:19:36,718 --> 06:19:41,320 fade into that background so this one 10190 06:19:38,798 --> 06:19:44,878 I'd kind of be afraid that the white 10191 06:19:41,320 --> 06:19:49,040 wouldn't stand out enough but I do like 10192 06:19:44,878 --> 06:19:49,040 the look of that kind of like lighter 10193 06:19:49,520 --> 06:19:54,558 wood that one's not bad I like the look 10194 06:19:52,240 --> 06:19:54,558 of 10195 06:19:56,160 --> 06:20:00,120 that and I think this one's kind of like 10196 06:19:58,798 --> 06:20:02,760 this one's a little bit darker so let's 10197 06:20:00,120 --> 06:20:05,320 try this let's go with a lighter let's 10198 06:20:02,760 --> 06:20:07,760 do a lighter wood 10199 06:20:05,320 --> 06:20:09,040 what we're going to do is just blow this 10200 06:20:07,760 --> 06:20:12,440 up and make it 10201 06:20:09,040 --> 06:20:13,958 bigger find the pieces that you like 10202 06:20:12,440 --> 06:20:16,040 there like a certain texture on there 10203 06:20:13,958 --> 06:20:17,240 that you're like wow I really like that 10204 06:20:16,040 --> 06:20:19,320 portion of it and then we're just going 10205 06:20:17,240 --> 06:20:22,240 to position it all the way to the back 10206 06:20:19,320 --> 06:20:24,840 so that shirt pops off of it and I think 10207 06:20:22,240 --> 06:20:27,400 that looks that looks pretty 10208 06:20:24,840 --> 06:20:29,120 nice um you can also if you wanted to 10209 06:20:27,400 --> 06:20:31,920 make it lighter make it a little bit 10210 06:20:29,120 --> 06:20:34,718 transparent you can kind of mess around 10211 06:20:31,920 --> 06:20:39,120 with manipulating the color a tiny bit 10212 06:20:34,718 --> 06:20:39,120 bit yeah and I'm oh that one's kind of 10213 06:20:39,760 --> 06:20:42,760 fun 10214 06:20:44,080 --> 06:20:51,680 ooh that one's really 10215 06:20:46,558 --> 06:20:51,680 fun let's see do I like this more 10216 06:21:09,520 --> 06:21:15,520 no I don't I don't like it 10217 06:21:13,120 --> 06:21:18,160 more 10218 06:21:15,520 --> 06:21:20,718 honestly but hey that's why we try these 10219 06:21:18,160 --> 06:21:22,320 things find what we like I like this 10220 06:21:20,718 --> 06:21:25,360 lighter wood in the back I think that's 10221 06:21:22,320 --> 06:21:28,840 kind of fun and then it's just kind of 10222 06:21:25,360 --> 06:21:31,600 finding and adding the little extras 10223 06:21:28,840 --> 06:21:33,440 that we want so if we wanted to add 10224 06:21:31,600 --> 06:21:37,558 something like shoes we can just do a 10225 06:21:33,440 --> 06:21:37,558 beach Vibe for this so let's 10226 06:21:39,718 --> 06:21:46,320 do flipflops looking 10227 06:21:43,638 --> 06:21:49,600 down and you can kind of get a flip-flop 10228 06:21:46,320 --> 06:21:49,600 vibe that you 10229 06:21:50,440 --> 06:21:54,558 like now this one you would probably 10230 06:21:52,638 --> 06:21:58,478 need to have like in this corner kind of 10231 06:21:54,558 --> 06:21:58,478 like that o these are 10232 06:21:59,160 --> 06:22:02,878 good and what you're going to do is 10233 06:22:01,400 --> 06:22:06,520 you're going to want to edit that photo 10234 06:22:02,878 --> 06:22:06,520 and remove that background 10235 06:22:11,440 --> 06:22:16,160 and then just kind of make it the size 10236 06:22:13,680 --> 06:22:18,360 of like what your flipflops would 10237 06:22:16,160 --> 06:22:20,680 actually be like you don't want flip 10238 06:22:18,360 --> 06:22:22,798 flops that are that big like who's whose 10239 06:22:20,680 --> 06:22:24,520 feet are really that big so just kind of 10240 06:22:22,798 --> 06:22:28,040 eyeing it up and saying like oh yeah 10241 06:22:24,520 --> 06:22:30,080 that looks like you know if I if my 10242 06:22:28,040 --> 06:22:32,080 flipflops were laying next to a t-shirt 10243 06:22:30,080 --> 06:22:36,440 so that looks 10244 06:22:32,080 --> 06:22:36,440 good let's do some 10245 06:22:39,280 --> 06:22:42,280 sunglasses 10246 06:22:43,200 --> 06:22:46,520 um down 10247 06:22:47,200 --> 06:22:52,840 view because we're going for kind of a 10248 06:22:49,400 --> 06:22:56,120 summer Vibe I think these these are a 10249 06:22:52,840 --> 06:22:58,000 little bit fun um so we'll see how the 10250 06:22:56,120 --> 06:22:59,760 background remover works sometimes the 10251 06:22:58,000 --> 06:23:02,080 background remover works great and other 10252 06:22:59,760 --> 06:23:04,120 times you're like it doesn't 10253 06:23:02,080 --> 06:23:08,040 look doesn't look too good I don't 10254 06:23:04,120 --> 06:23:10,360 really know if I like that bit there so 10255 06:23:08,040 --> 06:23:11,638 let's just keep keep looking keep our 10256 06:23:10,360 --> 06:23:13,920 eyes 10257 06:23:11,638 --> 06:23:15,840 up as you can see other people make 10258 06:23:13,920 --> 06:23:19,280 things that are similar like mockups 10259 06:23:15,840 --> 06:23:21,400 that are similar um but again they just 10260 06:23:19,280 --> 06:23:23,440 like don't really show off your product 10261 06:23:21,400 --> 06:23:25,760 that well they do have some cool plants 10262 06:23:23,440 --> 06:23:28,638 so like if you did want to have like an 10263 06:23:25,760 --> 06:23:30,280 a looking down kind of plant Vibe um 10264 06:23:28,638 --> 06:23:33,000 canva is really good with that kind of 10265 06:23:30,280 --> 06:23:35,718 stuff 10266 06:23:33,000 --> 06:23:39,200 um but let's let's 10267 06:23:35,718 --> 06:23:39,200 see could put of 10268 06:23:40,798 --> 06:23:46,878 coffee do I like no they're a little 10269 06:23:53,080 --> 06:23:59,120 off what should we do a lot of times 10270 06:23:56,000 --> 06:24:02,920 it's it is just playing around with what 10271 06:23:59,120 --> 06:24:05,000 you what you got oh here we go you could 10272 06:24:02,920 --> 06:24:07,920 just could have just typed in sunglasses 10273 06:24:05,000 --> 06:24:09,760 and gotten something really similar um I 10274 06:24:07,920 --> 06:24:12,240 don't know I like the look of these 10275 06:24:09,760 --> 06:24:14,040 again those are huge size it down so 10276 06:24:12,240 --> 06:24:15,680 that it's not someone's not looking 10277 06:24:14,040 --> 06:24:17,600 going like oh my gosh that's the biggest 10278 06:24:15,680 --> 06:24:22,558 pair of sunglasses I've ever seen in my 10279 06:24:17,600 --> 06:24:22,558 life um put them in that 10280 06:24:30,798 --> 06:24:35,400 corner let's see 10281 06:24:36,600 --> 06:24:41,360 a towel beach towel let's see beach 10282 06:24:47,680 --> 06:24:53,638 towel yeah 10283 06:24:50,240 --> 06:24:57,120 nothing looks like too great I really 10284 06:24:53,638 --> 06:24:57,120 like standing out at this 10285 06:24:59,558 --> 06:25:04,520 point guess you could do a beach ball 10286 06:25:19,478 --> 06:25:25,240 H this could be 10287 06:25:21,878 --> 06:25:27,080 cool now I wonder how CA will do with 10288 06:25:25,240 --> 06:25:29,958 this kind of like background sometimes 10289 06:25:27,080 --> 06:25:35,718 if you able to shrink it down a little 10290 06:25:29,958 --> 06:25:39,280 bit Cana can do a little bit better 10291 06:25:35,718 --> 06:25:43,718 with the removal oh okay so this turned 10292 06:25:39,280 --> 06:25:46,680 out this looks pretty good I like 10293 06:25:43,718 --> 06:25:50,440 the kind of like 10294 06:25:46,680 --> 06:25:50,440 the the vibe of 10295 06:25:52,280 --> 06:25:56,760 that again you can increase the 10296 06:25:58,520 --> 06:26:04,280 size now we do need 10297 06:26:01,040 --> 06:26:08,638 to handle something in this corner 10298 06:26:04,280 --> 06:26:11,638 Corner quick um if you can see at the 10299 06:26:08,638 --> 06:26:11,638 bottom 10300 06:26:13,160 --> 06:26:20,638 corner oh you know what the seashell 10301 06:26:17,040 --> 06:26:20,638 May okay let's go 10302 06:26:21,878 --> 06:26:30,400 back the seashell's kind of 10303 06:26:25,600 --> 06:26:31,520 fun okay I like the look of it I like it 10304 06:26:30,400 --> 06:26:34,520 then we can just kind of have our 10305 06:26:31,520 --> 06:26:34,520 flip-flops 10306 06:26:35,080 --> 06:26:40,638 over 10307 06:26:36,718 --> 06:26:40,638 here on the 10308 06:26:42,798 --> 06:26:48,280 side or even if you feel like it's too 10309 06:26:45,840 --> 06:26:49,920 much like sometimes you may be looking 10310 06:26:48,280 --> 06:26:52,280 at this and go like uh it's kind of a 10311 06:26:49,920 --> 06:26:54,638 lot going on 10312 06:26:52,280 --> 06:26:56,520 um which it can be but you could 10313 06:26:54,638 --> 06:26:59,120 honestly like get rid of those if you 10314 06:26:56,520 --> 06:27:02,440 wanted and this could just this could be 10315 06:26:59,120 --> 06:27:05,320 your mockup um again kind of just like 10316 06:27:02,440 --> 06:27:08,200 focusing on that image just right here 10317 06:27:05,320 --> 06:27:12,120 in the middle 10318 06:27:08,200 --> 06:27:15,760 um or that like that's kind of fun too 10319 06:27:12,120 --> 06:27:18,440 um again just like it's a lot of trial 10320 06:27:15,760 --> 06:27:21,958 and error and playing around with what 10321 06:27:18,440 --> 06:27:24,920 canva offers you 10322 06:27:21,958 --> 06:27:28,760 um but I don't know I kind of think this 10323 06:27:24,920 --> 06:27:32,478 is I kind of think that's 10324 06:27:28,760 --> 06:27:36,120 fun I'm kind of liking 10325 06:27:32,478 --> 06:27:36,120 the the vibe 10326 06:27:41,400 --> 06:27:45,798 I don't know maybe maybe the starfish is 10327 06:27:43,478 --> 06:27:50,840 a little 10328 06:27:45,798 --> 06:27:53,638 much we can get rid of it 10329 06:27:50,840 --> 06:27:56,638 um again and if you wanted to truly get 10330 06:27:53,638 --> 06:28:01,360 rid of the starfish you can just edit it 10331 06:27:56,638 --> 06:28:04,200 away like this using their eraser 10332 06:28:01,360 --> 06:28:07,920 tool and going back and now that little 10333 06:28:04,200 --> 06:28:09,878 starfish corner is 10334 06:28:07,920 --> 06:28:13,280 gone 10335 06:28:09,878 --> 06:28:15,120 um except I want my flip-flops 10336 06:28:13,280 --> 06:28:19,958 back there we 10337 06:28:15,120 --> 06:28:23,200 go got the flip-flops back now edit out 10338 06:28:19,958 --> 06:28:23,200 that little starfish in the 10339 06:28:28,320 --> 06:28:32,798 corner there we go 10340 06:28:34,958 --> 06:28:40,400 so that's kind of fun I like the like 10341 06:28:37,760 --> 06:28:43,558 the look of that 10342 06:28:40,400 --> 06:28:46,200 um you can go back to uploads and find a 10343 06:28:43,558 --> 06:28:48,798 design to put on there 10344 06:28:46,200 --> 06:28:51,680 um here we go we can just use this one 10345 06:28:48,798 --> 06:28:53,958 just as an example but you can then kind 10346 06:28:51,680 --> 06:28:56,680 of get an idea of like how is your 10347 06:28:53,958 --> 06:28:58,638 design going to look on that mockup is 10348 06:28:56,680 --> 06:29:01,000 it something like is it good is it fun 10349 06:28:58,638 --> 06:29:03,798 like that's kind of a fun fun little 10350 06:29:01,000 --> 06:29:04,798 mockup like if I were going to the beach 10351 06:29:03,798 --> 06:29:06,718 i' 10352 06:29:04,798 --> 06:29:10,120 go wow I really like the look of that 10353 06:29:06,718 --> 06:29:12,240 that's fun funky I definitely like that 10354 06:29:10,120 --> 06:29:14,240 but this is just an easy way for you to 10355 06:29:12,240 --> 06:29:16,958 create your own mockups without having 10356 06:29:14,240 --> 06:29:18,958 to hire a designer you can hire a 10357 06:29:16,958 --> 06:29:20,520 designer to make mock-ups for you can 10358 06:29:18,958 --> 06:29:22,440 kind of give them a few different ideas 10359 06:29:20,520 --> 06:29:24,558 and say like you know this is my Niche 10360 06:29:22,440 --> 06:29:26,878 that I'm going for can you add some 10361 06:29:24,558 --> 06:29:29,200 aspects within that Niche and they can 10362 06:29:26,878 --> 06:29:30,920 send you back a few different options 10363 06:29:29,200 --> 06:29:33,520 but just know you are going to end up 10364 06:29:30,920 --> 06:29:35,840 paying for that and then a way to make 10365 06:29:33,520 --> 06:29:37,840 things pop a little bit more so as you 10366 06:29:35,840 --> 06:29:41,200 can tell like if you can see the 10367 06:29:37,840 --> 06:29:43,200 shadowing on this mockup that I did we 10368 06:29:41,200 --> 06:29:45,478 can do the same thing on this and what 10369 06:29:43,200 --> 06:29:49,000 you're going to do is just 10370 06:29:45,478 --> 06:29:52,080 select these different photos and click 10371 06:29:49,000 --> 06:29:54,478 Shadows you do a drop shadow and it just 10372 06:29:52,080 --> 06:29:57,120 kind of is going to give your design 10373 06:29:54,478 --> 06:30:01,240 like a little I guess kind of make it a 10374 06:29:57,120 --> 06:30:04,000 little bit like 3D and give it that pop 10375 06:30:01,240 --> 06:30:05,600 that I think a lot of it stuff needs 10376 06:30:04,000 --> 06:30:07,320 needs and you can turn that intensity 10377 06:30:05,600 --> 06:30:08,798 down too so it doesn't have to be like 10378 06:30:07,320 --> 06:30:12,520 wow that 10379 06:30:08,798 --> 06:30:15,558 is way too much but it just again it 10380 06:30:12,520 --> 06:30:17,958 just adds like a nice little flare to 10381 06:30:15,558 --> 06:30:21,040 your shirt to your mockup just kind of 10382 06:30:17,958 --> 06:30:24,558 makes it stand out a tiny bit 10383 06:30:21,040 --> 06:30:28,000 more again the main focus is that shirt 10384 06:30:24,558 --> 06:30:30,558 so making sure that the shirt looks nice 10385 06:30:28,000 --> 06:30:32,920 and is standing out that design is 10386 06:30:30,558 --> 06:30:35,000 popping up so that looks pretty good if 10387 06:30:32,920 --> 06:30:37,120 I were doing like a be kind of vibe I 10388 06:30:35,000 --> 06:30:39,840 think that would definitely catch my eye 10389 06:30:37,120 --> 06:30:43,760 I would like for this I'd honestly like 10390 06:30:39,840 --> 06:30:46,558 for my colors on this to be a little bit 10391 06:30:43,760 --> 06:30:48,280 more popping out like this so I would 10392 06:30:46,558 --> 06:30:51,798 maybe update 10393 06:30:48,280 --> 06:30:53,600 my update my design so that that kind of 10394 06:30:51,798 --> 06:30:56,200 like pops out and jumps off of the shirt 10395 06:30:53,600 --> 06:30:58,878 more but this is a simple way for you to 10396 06:30:56,200 --> 06:31:01,600 create your own mockups at home and then 10397 06:30:58,878 --> 06:31:04,120 you can just duplicate it out with and 10398 06:31:01,600 --> 06:31:07,878 change the color shirt so if we get rid 10399 06:31:04,120 --> 06:31:10,798 of this and just copy the 10400 06:31:07,878 --> 06:31:13,798 shirt you duplicate 10401 06:31:10,798 --> 06:31:13,798 it 10402 06:31:14,280 --> 06:31:20,558 and uh what you can actually do is just 10403 06:31:17,398 --> 06:31:22,878 drag the shirt in and it'll keep all the 10404 06:31:20,558 --> 06:31:25,558 same stuff so it'll keep the 10405 06:31:22,878 --> 06:31:27,360 shadow so it's just an easy way to just 10406 06:31:25,558 --> 06:31:29,320 swap that out and keep that mockup the 10407 06:31:27,360 --> 06:31:30,920 same so I think these look really good I 10408 06:31:29,320 --> 06:31:33,920 think they pop out I think it kind of 10409 06:31:30,920 --> 06:31:35,398 gives you that summer Vibe of like where 10410 06:31:33,920 --> 06:31:37,360 somebody would actually maybe be wearing 10411 06:31:35,398 --> 06:31:39,958 this t-shirt they may actually wear it 10412 06:31:37,360 --> 06:31:43,160 to the beach or the pool they have their 10413 06:31:39,958 --> 06:31:45,360 towel ready and like their you know some 10414 06:31:43,160 --> 06:31:48,798 block but again you can just kind of 10415 06:31:45,360 --> 06:31:50,798 drag drop play around with it and make a 10416 06:31:48,798 --> 06:31:53,760 mockup that works really well for your 10417 06:31:50,798 --> 06:31:59,280 Niche without one paying a designer a 10418 06:31:53,760 --> 06:32:01,478 ton of money or two you know using PRI 10419 06:31:59,280 --> 06:32:05,120 standard mockups this is just a way to 10420 06:32:01,478 --> 06:32:07,478 make your brand stand out and um really 10421 06:32:05,120 --> 06:32:08,600 pop in in the ads CU that's the most 10422 06:32:07,478 --> 06:32:11,638 important part that's what's going to 10423 06:32:08,600 --> 06:32:14,200 drive that traffic to your site is 10424 06:32:11,638 --> 06:32:16,240 really your designs popping out and a 10425 06:32:14,200 --> 06:32:18,160 good mockup that's just kind of helping 10426 06:32:16,240 --> 06:32:29,558 to sell the 10427 06:32:18,160 --> 06:32:32,840 [Music] 10428 06:32:29,558 --> 06:32:34,680 fact okay in this module we are going to 10429 06:32:32,840 --> 06:32:37,040 go through every everything from the 10430 06:32:34,680 --> 06:32:40,920 printify side to the Shopify side and 10431 06:32:37,040 --> 06:32:42,478 getting products ready for launch so in 10432 06:32:40,920 --> 06:32:45,240 order to do this you're going to want to 10433 06:32:42,478 --> 06:32:49,120 first go to your printify store click on 10434 06:32:45,240 --> 06:32:52,440 your my products Tab and go to your 10435 06:32:49,120 --> 06:32:57,600 latest uploads and from here we're going 10436 06:32:52,440 --> 06:32:59,000 to copy or duplicate our latest design 10437 06:32:57,600 --> 06:33:00,920 because it's going to take all the 10438 06:32:59,000 --> 06:33:03,000 settings that we had from our previous 10439 06:33:00,920 --> 06:33:05,638 shirt and basically just duplicate it 10440 06:33:03,000 --> 06:33:08,878 out to a brand new one so all we have to 10441 06:33:05,638 --> 06:33:12,920 really do is just edit this design or 10442 06:33:08,878 --> 06:33:12,920 remove it and place the design that we 10443 06:33:13,040 --> 06:33:22,080 want um so we can upload 10444 06:33:18,360 --> 06:33:23,840 it we'll upload this black design and we 10445 06:33:22,080 --> 06:33:26,398 can click this make a specific design 10446 06:33:23,840 --> 06:33:31,280 for white um and this is basically going 10447 06:33:26,398 --> 06:33:33,958 to keep this darker black design um for 10448 06:33:31,280 --> 06:33:36,958 that white shirt we can do this for all 10449 06:33:33,958 --> 06:33:41,638 of our shirts that are the lighter 10450 06:33:36,958 --> 06:33:46,680 colors um and then we can also 10451 06:33:41,638 --> 06:33:46,680 add um some of the darker colors as 10452 06:33:48,080 --> 06:33:54,718 well do Royal and 10453 06:33:52,638 --> 06:33:57,878 maybe 10454 06:33:54,718 --> 06:33:58,920 cool so we can save that actually go 10455 06:33:57,878 --> 06:34:04,718 back to 10456 06:33:58,920 --> 06:34:04,718 edit um and then let's get 10457 06:34:16,478 --> 06:34:22,240 this let's get the white design just 10458 06:34:19,440 --> 06:34:22,240 going to be right 10459 06:34:23,360 --> 06:34:28,200 here there we go so now as you can see 10460 06:34:26,280 --> 06:34:31,080 it our lighter designs are going to have 10461 06:34:28,200 --> 06:34:34,200 that black text and our darker color 10462 06:34:31,080 --> 06:34:36,040 shirts are going to have our white text 10463 06:34:34,200 --> 06:34:38,920 um so this will be a great way for them 10464 06:34:36,040 --> 06:34:41,478 to stand out um and really make that 10465 06:34:38,920 --> 06:34:41,478 design 10466 06:34:42,320 --> 06:34:51,080 Pop I like the 10467 06:34:45,000 --> 06:34:53,120 green okay so let's save this 10468 06:34:51,080 --> 06:34:54,638 product as you can see these are the 10469 06:34:53,120 --> 06:34:57,160 different mockups that printify gives 10470 06:34:54,638 --> 06:34:59,200 you we do not typically use these 10471 06:34:57,160 --> 06:35:01,718 mockups not saying that you can't use 10472 06:34:59,200 --> 06:35:04,520 them you absolutely can we just like to 10473 06:35:01,718 --> 06:35:06,478 tweak our mockup and make it fitting for 10474 06:35:04,520 --> 06:35:08,878 the niche that we're selling in and kind 10475 06:35:06,478 --> 06:35:12,120 of just make it a little bit more 10476 06:35:08,878 --> 06:35:14,760 eye-catching for Facebook ads we'll 10477 06:35:12,120 --> 06:35:18,558 change the title 10478 06:35:14,760 --> 06:35:21,558 to aloe because that's what the shirt is 10479 06:35:18,558 --> 06:35:24,360 about um typically I don't worry about 10480 06:35:21,558 --> 06:35:26,360 the description you can absolutely use 10481 06:35:24,360 --> 06:35:29,478 the description that printify gives you 10482 06:35:26,360 --> 06:35:31,638 and their size chart that they use but 10483 06:35:29,478 --> 06:35:34,398 you don't have to do that you can also 10484 06:35:31,638 --> 06:35:36,080 edit this later which we can we can do 10485 06:35:34,398 --> 06:35:37,680 it a different time and then this is 10486 06:35:36,080 --> 06:35:39,798 where you can add different tags 10487 06:35:37,680 --> 06:35:41,798 typically I like to delete all of the 10488 06:35:39,798 --> 06:35:43,920 tags that perfi gives you and really 10489 06:35:41,798 --> 06:35:47,558 just put t-shirt that way it's easy for 10490 06:35:43,920 --> 06:35:50,840 me to bulk edit on the Shopify side of 10491 06:35:47,558 --> 06:35:53,958 things but if you were making let's say 10492 06:35:50,840 --> 06:35:57,240 like a gardening collection you could 10493 06:35:53,958 --> 06:35:57,240 put the tag 10494 06:35:59,240 --> 06:36:05,000 gardening if I can spell put gardening 10495 06:36:02,760 --> 06:36:07,160 and it would put that tag on here and 10496 06:36:05,000 --> 06:36:09,680 kind of group all those shirts that have 10497 06:36:07,160 --> 06:36:11,638 the tag gardening together so you can do 10498 06:36:09,680 --> 06:36:14,600 those tags here or you can add them 10499 06:36:11,638 --> 06:36:16,520 later on on the Shopify side it's really 10500 06:36:14,600 --> 06:36:19,878 completely up to you and what works best 10501 06:36:16,520 --> 06:36:22,398 for you we're going to stick with 10502 06:36:19,878 --> 06:36:24,478 standard shipping printify does now 10503 06:36:22,398 --> 06:36:26,680 offer economy shipping which is nice 10504 06:36:24,478 --> 06:36:29,520 because it kind of it gives a little bit 10505 06:36:26,680 --> 06:36:31,440 more money back to you and kind of can 10506 06:36:29,520 --> 06:36:35,240 increase that margin a little bit but as 10507 06:36:31,440 --> 06:36:39,398 you can see um it takes 4 to8 business 10508 06:36:35,240 --> 06:36:42,680 days for that local delivery and for 10509 06:36:39,398 --> 06:36:45,520 standard it's 2 to 5 typically we like 10510 06:36:42,680 --> 06:36:47,760 our customers to receive at least in the 10511 06:36:45,520 --> 06:36:50,398 United States to receive their shirt in 10512 06:36:47,760 --> 06:36:52,680 about a week um if we can keep that as 10513 06:36:50,398 --> 06:36:56,478 the time frame people are usually okay 10514 06:36:52,680 --> 06:36:59,080 by that um Amazon kind of made it really 10515 06:36:56,478 --> 06:37:00,558 tricky for small businesses specifically 10516 06:36:59,080 --> 06:37:02,878 print on demand and Drop Shipping 10517 06:37:00,558 --> 06:37:04,520 businesses because they're so fast 10518 06:37:02,878 --> 06:37:06,558 Amazon Prime you can literally order 10519 06:37:04,520 --> 06:37:08,240 something and it's at your doorstep the 10520 06:37:06,558 --> 06:37:10,798 next morning when you wake up so some 10521 06:37:08,240 --> 06:37:12,718 people will panic when they haven't 10522 06:37:10,798 --> 06:37:15,240 received their shirt in like a day and a 10523 06:37:12,718 --> 06:37:17,638 half and you just have to you know let 10524 06:37:15,240 --> 06:37:19,920 them know it is absolutely on its way 10525 06:37:17,638 --> 06:37:21,958 but we are not Amazon and we are doing 10526 06:37:19,920 --> 06:37:24,000 our best to get this shirt to you as 10527 06:37:21,958 --> 06:37:26,600 quickly as we possibly can and again 10528 06:37:24,000 --> 06:37:29,080 this is that assigning shipping profile 10529 06:37:26,600 --> 06:37:31,760 that we changed in the settings earlier 10530 06:37:29,080 --> 06:37:34,878 you want that to say General profile 10531 06:37:31,760 --> 06:37:38,600 pricing you can change the pricing here 10532 06:37:34,878 --> 06:37:43,320 in printify um or you can do that as 10533 06:37:38,600 --> 06:37:43,320 well in Shopify so if you 10534 06:37:43,558 --> 06:37:48,958 want you do that and see how it changes 10535 06:37:46,558 --> 06:37:52,280 the price of all of those different 10536 06:37:48,958 --> 06:37:52,280 t-shirts to 10537 06:37:58,760 --> 06:38:03,840 $26.99 and then 29 10538 06:38:06,760 --> 06:38:10,558 so as you can see the prices for this 10539 06:38:08,360 --> 06:38:12,080 one would then all be done but again you 10540 06:38:10,558 --> 06:38:15,160 can do that on the Shopify side of 10541 06:38:12,080 --> 06:38:18,200 things you can hide it in your store you 10542 06:38:15,160 --> 06:38:20,120 can select show all variants available 10543 06:38:18,200 --> 06:38:22,240 for purchase regardless of the stock 10544 06:38:20,120 --> 06:38:25,040 status we always do this because in 10545 06:38:22,240 --> 06:38:27,478 order to keep that stock like updated on 10546 06:38:25,040 --> 06:38:29,398 your store you have to like keep 10547 06:38:27,478 --> 06:38:31,320 connecting it to your like reconnecting 10548 06:38:29,398 --> 06:38:33,558 it to your store in order for it to get 10549 06:38:31,320 --> 06:38:35,798 the update of those out of stock things 10550 06:38:33,558 --> 06:38:37,958 so we just say show all of the available 10551 06:38:35,798 --> 06:38:39,760 if one is out of stock it can be 10552 06:38:37,958 --> 06:38:42,160 rerouted we'll figure out a way to get 10553 06:38:39,760 --> 06:38:45,440 that customer that order so I would not 10554 06:38:42,160 --> 06:38:48,320 say only show in stock items it can just 10555 06:38:45,440 --> 06:38:50,360 run into issues later on down the line 10556 06:38:48,320 --> 06:38:52,520 and then singing product details this is 10557 06:38:50,360 --> 06:38:56,160 where you could say hey I don't want my 10558 06:38:52,520 --> 06:38:58,160 tags or I don't want these things being 10559 06:38:56,160 --> 06:39:01,000 synced up but we're fine with all of 10560 06:38:58,160 --> 06:39:03,080 these being synced up personally even 10561 06:39:01,000 --> 06:39:06,280 though we don't use priz mockups I 10562 06:39:03,080 --> 06:39:08,718 prefer prefer to have the mockups sink 10563 06:39:06,280 --> 06:39:11,120 because it kind of is a double check for 10564 06:39:08,718 --> 06:39:13,520 me I make sure that I do have all the 10565 06:39:11,120 --> 06:39:15,520 right color mockups and I also make sure 10566 06:39:13,520 --> 06:39:18,040 that on those lighter designs where I 10567 06:39:15,520 --> 06:39:20,718 used a black text I want to make sure 10568 06:39:18,040 --> 06:39:22,240 that that mockup picture matches what 10569 06:39:20,718 --> 06:39:24,718 the customer is actually going to 10570 06:39:22,240 --> 06:39:26,680 receive I've had issues before where 10571 06:39:24,718 --> 06:39:29,440 I've forgotten that and a customer's 10572 06:39:26,680 --> 06:39:31,478 like I was supposed to have this shirt 10573 06:39:29,440 --> 06:39:33,520 with black text and it showed up with 10574 06:39:31,478 --> 06:39:35,200 white so you just want to make sure that 10575 06:39:33,520 --> 06:39:37,680 you know you're it's kind of there as 10576 06:39:35,200 --> 06:39:40,120 like a little backup check to make sure 10577 06:39:37,680 --> 06:39:42,638 everything everything looks good and 10578 06:39:40,120 --> 06:39:44,398 then you can save this to as a draft or 10579 06:39:42,638 --> 06:39:47,200 you can publish it to your store so 10580 06:39:44,398 --> 06:39:48,360 we're actually going to publish this to 10581 06:39:47,200 --> 06:39:51,958 our 10582 06:39:48,360 --> 06:39:54,478 store since we've published it you can 10583 06:39:51,958 --> 06:39:57,440 order some samples it's always a good 10584 06:39:54,478 --> 06:39:59,680 kind of suggestion for at least one 10585 06:39:57,440 --> 06:40:01,878 order order a sample and kind of see 10586 06:39:59,680 --> 06:40:04,200 like what is the quality would you be 10587 06:40:01,878 --> 06:40:06,040 happy with it as a customer this arrived 10588 06:40:04,200 --> 06:40:07,638 to your doorstep would you make any 10589 06:40:06,040 --> 06:40:11,080 changes does something need to be 10590 06:40:07,638 --> 06:40:13,240 tweaked is your design blurry or does it 10591 06:40:11,080 --> 06:40:16,638 like stand out and look really nice it's 10592 06:40:13,240 --> 06:40:18,638 just kind of nice to do a sample order 10593 06:40:16,638 --> 06:40:20,878 with maybe a few of your designs just to 10594 06:40:18,638 --> 06:40:22,520 get an idea for the quality of that 10595 06:40:20,878 --> 06:40:25,718 print provider the quality of that 10596 06:40:22,520 --> 06:40:27,840 t-shirt or apparel or homegood product 10597 06:40:25,718 --> 06:40:29,680 that you're going to be selling just to 10598 06:40:27,840 --> 06:40:32,320 make sure that you're actually happy 10599 06:40:29,680 --> 06:40:34,200 with what you're going to be selling so 10600 06:40:32,320 --> 06:40:36,600 you could click that this will create a 10601 06:40:34,200 --> 06:40:38,798 manual order go to shipping you'll put 10602 06:40:36,600 --> 06:40:40,680 in your address and everything and 10603 06:40:38,798 --> 06:40:43,280 that's how you will be able to set up 10604 06:40:40,680 --> 06:40:45,280 that sample order for yourself as you 10605 06:40:43,280 --> 06:40:48,240 can see we have the aloe shirt here it 10606 06:40:45,280 --> 06:40:50,840 is uploading everything to Shopify once 10607 06:40:48,240 --> 06:40:54,040 it has uploaded it'll say published like 10608 06:40:50,840 --> 06:40:56,878 the rest of the designs down here so we 10609 06:40:54,040 --> 06:41:00,080 can make our way over to 10610 06:40:56,878 --> 06:41:03,360 Shopify and then once we do a little 10611 06:41:00,080 --> 06:41:05,798 upload as you can see that aloe shirt is 10612 06:41:03,360 --> 06:41:09,200 here not on any sales channels and it's 10613 06:41:05,798 --> 06:41:12,958 just kind of hanging out it is 10614 06:41:09,200 --> 06:41:16,558 not not yet fully 10615 06:41:12,958 --> 06:41:20,240 uploaded okay so now it is all those 10616 06:41:16,558 --> 06:41:23,478 mockups should be in 10617 06:41:20,240 --> 06:41:25,680 there so you can click the aloe shirt 10618 06:41:23,478 --> 06:41:28,600 again this is where that you know prif 10619 06:41:25,680 --> 06:41:31,240 eyes default description pops up this 10620 06:41:28,600 --> 06:41:35,240 can all be changed later all these 10621 06:41:31,240 --> 06:41:35,240 mockups we can just get rid of 10622 06:41:37,680 --> 06:41:43,200 of 10623 06:41:39,920 --> 06:41:43,200 these the 10624 06:41:44,878 --> 06:41:49,958 extras otherwise people are just going 10625 06:41:46,840 --> 06:41:52,920 to be bombarded and they don't need that 10626 06:41:49,958 --> 06:41:55,000 but this way this way we can make sure 10627 06:41:52,920 --> 06:41:57,680 that we have all the other shirts and 10628 06:41:55,000 --> 06:42:00,958 designs that we like again I think the 10629 06:41:57,680 --> 06:42:03,920 green pops out I think it works for the 10630 06:42:00,958 --> 06:42:07,320 design that we have so I'll keep 10631 06:42:03,920 --> 06:42:09,080 green as our main picture if you wanted 10632 06:42:07,320 --> 06:42:11,840 to change it to a different color you 10633 06:42:09,080 --> 06:42:14,200 would simply just drag and drop so that 10634 06:42:11,840 --> 06:42:16,160 that picture would be the first one that 10635 06:42:14,200 --> 06:42:21,680 shows up and then you'd also want to 10636 06:42:16,160 --> 06:42:24,280 switch this color option as well so 10637 06:42:21,680 --> 06:42:27,520 let's not save it wait okay we'll save 10638 06:42:24,280 --> 06:42:29,000 this for now so if we go and view this 10639 06:42:27,520 --> 06:42:32,040 product on 10640 06:42:29,000 --> 06:42:34,520 Shopify you're going to notice charcoal 10641 06:42:32,040 --> 06:42:37,398 pops up that that's like the option even 10642 06:42:34,520 --> 06:42:40,638 though we selected that big green shirt 10643 06:42:37,398 --> 06:42:42,558 and we want green to pop up that's not 10644 06:42:40,638 --> 06:42:46,920 what we're seeing 10645 06:42:42,558 --> 06:42:49,718 here so in order to do that we have to 10646 06:42:46,920 --> 06:42:51,920 edit these the list that these variants 10647 06:42:49,718 --> 06:42:55,878 are in 10648 06:42:51,920 --> 06:42:58,478 um so we want this Irish 10649 06:42:55,878 --> 06:43:00,280 green and then this would be if like 10650 06:42:58,478 --> 06:43:02,080 your sizes were all out of whack so the 10651 06:43:00,280 --> 06:43:07,080 sizes are going in the right order we'll 10652 06:43:02,080 --> 06:43:07,080 click save and now we'll view 10653 06:43:07,200 --> 06:43:12,320 it and it still didn't do it why is 10654 06:43:14,320 --> 06:43:21,080 that oh maybe because I didn't click 10655 06:43:18,320 --> 06:43:23,520 done there we go okay cuz I didn't click 10656 06:43:21,080 --> 06:43:26,120 done um so now as you can see Irish 10657 06:43:23,520 --> 06:43:29,878 green is the selection and you get that 10658 06:43:26,120 --> 06:43:33,878 Irish green shirt in a size small so in 10659 06:43:29,878 --> 06:43:36,360 order to change um what you see you kind 10660 06:43:33,878 --> 06:43:39,680 of have to reorder those colors as well 10661 06:43:36,360 --> 06:43:41,798 as drag that big t-shirt here so 10662 06:43:39,680 --> 06:43:43,360 everything looks pretty good right now 10663 06:43:41,798 --> 06:43:46,120 the only thing that we need to do at 10664 06:43:43,360 --> 06:43:49,718 this point is update these mockup 10665 06:43:46,120 --> 06:43:54,398 pictures so what we're going to do is go 10666 06:43:49,718 --> 06:43:57,120 to canva you can create a new Instagram 10667 06:43:54,398 --> 06:43:58,718 post here that'll give us the right 10668 06:43:57,120 --> 06:44:04,120 dimensions that we're going to want to 10669 06:43:58,718 --> 06:44:09,280 use and we can actually upload files 10670 06:44:04,120 --> 06:44:10,360 from our main our main file drive so as 10671 06:44:09,280 --> 06:44:12,840 you can see we have all the different 10672 06:44:10,360 --> 06:44:16,440 blank mockups here that we've already 10673 06:44:12,840 --> 06:44:18,798 created so we're going to download these 10674 06:44:16,440 --> 06:44:21,798 and then we can upload these 10675 06:44:18,798 --> 06:44:21,798 into 10676 06:44:26,040 --> 06:44:29,040 canva 10677 06:44:31,440 --> 06:44:36,280 okay we'll upload all of those 10678 06:44:58,440 --> 06:45:04,680 planks great so these are 10679 06:45:01,478 --> 06:45:06,760 all slowly getting there but what we can 10680 06:45:04,680 --> 06:45:09,600 do is start 10681 06:45:06,760 --> 06:45:13,320 adding 10682 06:45:09,600 --> 06:45:13,320 oops all of these 10683 06:45:18,718 --> 06:45:23,760 images that way all we have to do is get 10684 06:45:21,280 --> 06:45:26,280 our design on there and then upload them 10685 06:45:23,760 --> 06:45:26,280 to 10686 06:45:27,878 --> 06:45:31,200 Shopify and these are all of the 10687 06:45:30,000 --> 06:45:33,840 different colors that we could 10688 06:45:31,200 --> 06:45:36,760 potentially use again we didn't select 10689 06:45:33,840 --> 06:45:38,280 all of them for this design but you can 10690 06:45:36,760 --> 06:45:41,360 pick and choose the ones that you want 10691 06:45:38,280 --> 06:45:44,120 our current brand we actually only have 10692 06:45:41,360 --> 06:45:46,040 I think a total of seven colors that we 10693 06:45:44,120 --> 06:45:47,958 use and they're pretty pretty bland 10694 06:45:46,040 --> 06:45:50,558 colors ones that don't typically have 10695 06:45:47,958 --> 06:45:54,558 any out of stock issues when you start 10696 06:45:50,558 --> 06:45:57,798 doing these funky colors like orange or 10697 06:45:54,558 --> 06:46:00,398 you know Heather Kelly Green those can 10698 06:45:57,798 --> 06:46:03,040 get a little tricky because not 10699 06:46:00,398 --> 06:46:05,200 everybody is going to or want to order a 10700 06:46:03,040 --> 06:46:07,200 kelly green shirt so just keep that in 10701 06:46:05,200 --> 06:46:09,760 mind that sometimes those funky colors 10702 06:46:07,200 --> 06:46:12,520 can have more out of stock issues than 10703 06:46:09,760 --> 06:46:15,958 like your standard black white sports 10704 06:46:12,520 --> 06:46:19,000 gray royal blue military green those are 10705 06:46:15,958 --> 06:46:21,680 a lot of colors that most companies are 10706 06:46:19,000 --> 06:46:25,440 going to have a lot of stock in because 10707 06:46:21,680 --> 06:46:25,440 that's the majority of what people 10708 06:46:28,280 --> 06:46:34,440 sell white and then we'll do orange 10709 06:46:38,080 --> 06:46:45,958 so now we have our blanks now all we 10710 06:46:41,000 --> 06:46:45,958 have to do is add our add our 10711 06:46:47,600 --> 06:46:52,638 designs I know that the name the naming 10712 06:46:50,478 --> 06:46:58,200 is not right that I did 10713 06:46:52,638 --> 06:46:59,478 but so I do remember that we had gray 10714 06:46:58,200 --> 06:47:00,240 and then you just kind of want to line 10715 06:46:59,478 --> 06:47:02,478 it 10716 06:47:00,240 --> 06:47:05,000 up make sure it looks good make sure 10717 06:47:02,478 --> 06:47:07,840 it's popping off of the shirt catching 10718 06:47:05,000 --> 06:47:10,840 somebody's eye making them kind of stop 10719 06:47:07,840 --> 06:47:13,120 scrolling on their social media and say 10720 06:47:10,840 --> 06:47:14,600 like oh I really like that shirt and 10721 06:47:13,120 --> 06:47:15,600 also kind of give them an idea of like 10722 06:47:14,600 --> 06:47:19,080 where 10723 06:47:15,600 --> 06:47:22,878 that uh text is going to going to be on 10724 06:47:19,080 --> 06:47:25,120 their shirt um you know if it's up here 10725 06:47:22,878 --> 06:47:28,440 someone's going to expect that your text 10726 06:47:25,120 --> 06:47:30,558 is that close to where the neckline is 10727 06:47:28,440 --> 06:47:32,398 and most of the time shirts are not like 10728 06:47:30,558 --> 06:47:36,718 that so it looks pretty good it's nice 10729 06:47:32,398 --> 06:47:39,478 and lined up we can copy that and then 10730 06:47:36,718 --> 06:47:41,638 find the lighter designs I think we did 10731 06:47:39,478 --> 06:47:44,520 it on light 10732 06:47:41,638 --> 06:47:46,440 blue and then I know we did it on white 10733 06:47:44,520 --> 06:47:49,798 those were the three that we did that 10734 06:47:46,440 --> 06:47:53,760 special black text and then the rest 10735 06:47:49,798 --> 06:47:53,760 we're going to we'll do 10736 06:47:54,478 --> 06:47:59,558 white again you just kind of want to 10737 06:47:56,440 --> 06:48:03,280 make sure that the sizing 10738 06:47:59,558 --> 06:48:05,280 is the same pretty good 10739 06:48:03,280 --> 06:48:09,440 again we'll copy this and then we just 10740 06:48:05,280 --> 06:48:09,440 paste it on the other 10741 06:48:09,600 --> 06:48:15,398 shirts and this will then keep that 10742 06:48:12,398 --> 06:48:18,360 design in the same location on every 10743 06:48:15,398 --> 06:48:22,920 shirt that we're then uploading so those 10744 06:48:18,360 --> 06:48:25,760 look really good we can download 10745 06:48:22,920 --> 06:48:29,360 these we'll download all 10746 06:48:25,760 --> 06:48:32,320 14 these images and then we're going to 10747 06:48:29,360 --> 06:48:34,798 upload them into the file so this is 10748 06:48:32,320 --> 06:48:37,120 number 4 9 aloe as you can see we have 10749 06:48:34,798 --> 06:48:40,320 the two designs the black and white we 10750 06:48:37,120 --> 06:48:40,320 can do a new 10751 06:48:50,520 --> 06:48:54,160 folder t-shirt 10752 06:49:01,080 --> 06:49:06,360 mockups and there you go all of these 10753 06:49:03,680 --> 06:49:08,840 mockups are now going to be 10754 06:49:06,360 --> 06:49:11,360 uploaded to your main 10755 06:49:08,840 --> 06:49:13,798 drive and this just is a great way to 10756 06:49:11,360 --> 06:49:16,360 help keep you organized if you need to 10757 06:49:13,798 --> 06:49:18,320 later grab an image for Facebook ads 10758 06:49:16,360 --> 06:49:19,958 it's just really nice to be able to know 10759 06:49:18,320 --> 06:49:21,798 exactly where everything is you don't 10760 06:49:19,958 --> 06:49:24,240 have to go searching on your desktop you 10761 06:49:21,798 --> 06:49:26,240 can pretty much work off of any computer 10762 06:49:24,240 --> 06:49:29,558 um as long as you can get to this Google 10763 06:49:26,240 --> 06:49:34,478 Drive so that looks great and now let's 10764 06:49:29,558 --> 06:49:34,478 get these mockups onto 10765 06:49:34,600 --> 06:49:37,040 on 10766 06:49:40,638 --> 06:49:46,440 Shopify okay so now we have all of them 10767 06:49:43,440 --> 06:49:48,600 let's first get rid of these colors that 10768 06:49:46,440 --> 06:49:53,080 we're not 10769 06:49:48,600 --> 06:49:57,718 using red yellow I think the rest 10770 06:49:53,080 --> 06:50:00,638 are there move them just makes life a 10771 06:49:57,718 --> 06:50:04,638 little bit easier just to match up so we 10772 06:50:00,638 --> 06:50:04,638 have our green military green 10773 06:50:05,000 --> 06:50:11,440 charcoal 10774 06:50:07,040 --> 06:50:11,440 Navy Royal 10775 06:50:11,958 --> 06:50:15,638 or we don't have this 10776 06:50:17,440 --> 06:50:24,840 one light blue perfect so we have all of 10777 06:50:22,398 --> 06:50:27,680 them so now what we can do is delete all 10778 06:50:24,840 --> 06:50:30,080 the original printify 10779 06:50:27,680 --> 06:50:32,200 ones we're going to remove 10780 06:50:30,080 --> 06:50:34,760 them and then it we're just going to be 10781 06:50:32,200 --> 06:50:36,638 left with our mockup which again just is 10782 06:50:34,760 --> 06:50:38,280 a little bit more eye-catching would 10783 06:50:36,638 --> 06:50:41,080 maybe stop somebody in their tracks as 10784 06:50:38,280 --> 06:50:44,360 they're scrolling on Facebook or 10785 06:50:41,080 --> 06:50:46,160 Instagram and now if we click view 10786 06:50:44,360 --> 06:50:50,440 perfect as you can see it is our 10787 06:50:46,160 --> 06:50:50,440 beautiful mockup we love to see 10788 06:50:50,600 --> 06:50:56,360 that and it looks pretty good and looks 10789 06:50:54,558 --> 06:50:58,638 nice when the other ones pop up as well 10790 06:50:56,360 --> 06:51:00,440 so overall I'm I'm impressed I really 10791 06:50:58,638 --> 06:51:03,600 like the way that this looks that's 10792 06:51:00,440 --> 06:51:05,680 pretty much getting your listing to a 10793 06:51:03,600 --> 06:51:07,638 point where it's ready for then bulk 10794 06:51:05,680 --> 06:51:11,600 editing which bulk editing is just kind 10795 06:51:07,638 --> 06:51:14,000 of a like last check off of your list to 10796 06:51:11,600 --> 06:51:16,840 make sure that everything is like set in 10797 06:51:14,000 --> 06:51:18,558 stone in an order for that launch so 10798 06:51:16,840 --> 06:51:20,920 just double-checking your prices 10799 06:51:18,558 --> 06:51:24,958 double-checking your descriptions making 10800 06:51:20,920 --> 06:51:28,120 sure that the sizing chart is added all 10801 06:51:24,958 --> 06:51:31,160 like the little tweaks as well as making 10802 06:51:28,120 --> 06:51:32,718 sure that the stock is updated um even 10803 06:51:31,160 --> 06:51:34,718 though we don't carry stock you 10804 06:51:32,718 --> 06:51:37,000 technically have to show that there's 10805 06:51:34,718 --> 06:51:39,840 some sort of stock in order for clavio 10806 06:51:37,000 --> 06:51:42,878 to um connect and work with with your 10807 06:51:39,840 --> 06:51:46,080 store but as we go back you'll see the 10808 06:51:42,878 --> 06:51:48,200 mockup changes and these designs are 10809 06:51:46,080 --> 06:51:50,280 pretty much ready looking good and ready 10810 06:51:48,200 --> 06:51:53,200 to go just a little bit of bulk editing 10811 06:51:50,280 --> 06:51:56,620 that we'll show in the next module and 10812 06:51:53,200 --> 06:52:05,110 ready to have your products launch 10813 06:51:56,620 --> 06:52:05,110 [Music] 10814 06:52:08,760 --> 06:52:12,478 hi guys welcome back in this module 10815 06:52:10,760 --> 06:52:14,120 we're going to go through the different 10816 06:52:12,478 --> 06:52:16,798 steps that you need to do to prepare 10817 06:52:14,120 --> 06:52:18,520 your products for going live on your 10818 06:52:16,798 --> 06:52:20,718 site so the first thing that you're 10819 06:52:18,520 --> 06:52:23,160 going to want to do is go to your 10820 06:52:20,718 --> 06:52:26,040 Shopify store and you can just kind of 10821 06:52:23,160 --> 06:52:27,958 take a quick peek glance at your designs 10822 06:52:26,040 --> 06:52:30,558 that you have and kind of make sure that 10823 06:52:27,958 --> 06:52:33,000 they are they all have their mockups 10824 06:52:30,558 --> 06:52:35,040 they all are correctly 10825 06:52:33,000 --> 06:52:37,440 titled and then from there we are 10826 06:52:35,040 --> 06:52:39,760 actually going to bulk edit and for this 10827 06:52:37,440 --> 06:52:42,638 we're going to need to download an app 10828 06:52:39,760 --> 06:52:42,638 called bulk 10829 06:52:42,878 --> 06:52:48,280 editor so we'll just do bulk edit it'll 10830 06:52:45,958 --> 06:52:50,680 take us to the Shopify App 10831 06:52:48,280 --> 06:52:54,440 Store and this is the one that we're 10832 06:52:50,680 --> 06:52:56,558 going to download has over 1,800 reviews 10833 06:52:54,440 --> 06:53:01,798 it's amazing I've been using it for 10834 06:52:56,558 --> 06:53:01,798 years so we're going to install it 10835 06:53:07,558 --> 06:53:13,360 install whatever decides to go there we 10836 06:53:10,558 --> 06:53:15,280 go so now we are in the app as you can 10837 06:53:13,360 --> 06:53:17,718 see down here we're in the bulk editor 10838 06:53:15,280 --> 06:53:22,280 app and this is where we are able to 10839 06:53:17,718 --> 06:53:25,760 bulk edit tons of stuff for our Shopify 10840 06:53:22,280 --> 06:53:27,520 store so you can edit tags um you can 10841 06:53:25,760 --> 06:53:29,240 change the vendor you can change the 10842 06:53:27,520 --> 06:53:31,878 product type or category that your 10843 06:53:29,240 --> 06:53:35,360 products are currently in you can update 10844 06:53:31,878 --> 06:53:38,360 the description change the titles Change 10845 06:53:35,360 --> 06:53:40,798 inventory add the cost like you name it 10846 06:53:38,360 --> 06:53:42,478 you can pretty much bulk edit anything 10847 06:53:40,798 --> 06:53:44,080 um so the first thing that we are going 10848 06:53:42,478 --> 06:53:45,878 to do is we want to make sure that our 10849 06:53:44,080 --> 06:53:47,478 pricing is set up correctly we want to 10850 06:53:45,878 --> 06:53:50,478 make sure that we're charging the right 10851 06:53:47,478 --> 06:53:52,200 amount for each t-shirt because the last 10852 06:53:50,478 --> 06:53:54,080 thing that we want to do is accidentally 10853 06:53:52,200 --> 06:53:56,558 sell a shirt for the amount that it's 10854 06:53:54,080 --> 06:53:58,600 going to cost us to fulfill it's 10855 06:53:56,558 --> 06:54:01,558 happened to me before I've accidentally 10856 06:53:58,600 --> 06:54:03,040 sold a shirt for like $10.99 so yeah you 10857 06:54:01,558 --> 06:54:05,160 don't make any money on that like that 10858 06:54:03,040 --> 06:54:07,398 was your own mistake so don't make the 10859 06:54:05,160 --> 06:54:09,760 same mistakes as me always bulk edit 10860 06:54:07,398 --> 06:54:12,478 always double check everything before 10861 06:54:09,760 --> 06:54:13,878 pushing that live button so there are 10862 06:54:12,478 --> 06:54:16,478 different ways that you can bulk edit 10863 06:54:13,878 --> 06:54:19,718 you can bulk edit by a collection by a 10864 06:54:16,478 --> 06:54:22,798 title by the cost that it's currently 10865 06:54:19,718 --> 06:54:25,760 set at like the status so if it's in 10866 06:54:22,798 --> 06:54:30,280 draft or if it's live there are tons of 10867 06:54:25,760 --> 06:54:33,440 things that we are able to edit from so 10868 06:54:30,280 --> 06:54:36,240 we can say that the title contains 10869 06:54:33,440 --> 06:54:38,440 t-shirt or this is another great place 10870 06:54:36,240 --> 06:54:41,878 if you already have tag set up on 10871 06:54:38,440 --> 06:54:45,240 printify using that tag and saying that 10872 06:54:41,878 --> 06:54:48,240 like the tag is t-shirt and then every 10873 06:54:45,240 --> 06:54:51,600 item that has that tag t-shirt should 10874 06:54:48,240 --> 06:54:56,840 then be bulk edited making your life a 10875 06:54:51,600 --> 06:54:59,120 100 times easier next we are going to 10876 06:54:56,840 --> 06:55:02,360 click an option 10877 06:54:59,120 --> 06:55:05,320 value is and we're going to do the size 10878 06:55:02,360 --> 06:55:09,558 size so we can say size small and we're 10879 06:55:05,320 --> 06:55:09,558 going to change the price to 10880 06:55:09,638 --> 06:55:16,040 26.99 so this should change all of our 10881 06:55:12,520 --> 06:55:19,798 t-shirts size small to 10882 06:55:16,040 --> 06:55:24,760 $26.99 now our small through XL are all 10883 06:55:19,798 --> 06:55:27,718 going to be priced the same I have tried 10884 06:55:24,760 --> 06:55:30,000 doing small like through XEL and 10885 06:55:27,718 --> 06:55:33,280 sometimes it just gets a little wonky 10886 06:55:30,000 --> 06:55:36,240 and doesn't always like perfectly work 10887 06:55:33,280 --> 06:55:38,478 um so from learning from that mistake I 10888 06:55:36,240 --> 06:55:41,040 just will go through and do the 10889 06:55:38,478 --> 06:55:44,080 different sizing options and that just 10890 06:55:41,040 --> 06:55:47,360 is like another little safety check that 10891 06:55:44,080 --> 06:55:49,040 that I've run fun fact on my first store 10892 06:55:47,360 --> 06:55:51,360 or no it was my second store it was like 10893 06:55:49,040 --> 06:55:53,160 the first store that I had ever really 10894 06:55:51,360 --> 06:55:55,280 like scaled I had a product that just 10895 06:55:53,160 --> 06:55:57,920 like popped off and did really well it 10896 06:55:55,280 --> 06:56:00,520 was during Co so there were a lot of 10897 06:55:57,920 --> 06:56:03,120 stock issues so as these stock issues 10898 06:56:00,520 --> 06:56:05,398 were rolling in I I did not know 10899 06:56:03,120 --> 06:56:07,558 anything about bulk product editing 10900 06:56:05,398 --> 06:56:11,120 whatsoever so I was individually going 10901 06:56:07,558 --> 06:56:14,160 into all of our different products that 10902 06:56:11,120 --> 06:56:16,478 we had that Chris and I had and I was 10903 06:56:14,160 --> 06:56:18,600 like deleting the variants that were out 10904 06:56:16,478 --> 06:56:22,638 of stock like single-handedly going in 10905 06:56:18,600 --> 06:56:24,840 and deleting them it took so much time 10906 06:56:22,638 --> 06:56:26,280 like for probably like a full two weeks 10907 06:56:24,840 --> 06:56:29,040 like I was doing that and then like 10908 06:56:26,280 --> 06:56:32,638 trying to add them back in it was an 10909 06:56:29,040 --> 06:56:35,958 absolute mess and I wish wish I had 10910 06:56:32,638 --> 06:56:37,520 known about bulk product editor like we 10911 06:56:35,958 --> 06:56:40,040 don't even get any Kickback from this 10912 06:56:37,520 --> 06:56:43,280 app like I just love that app this much 10913 06:56:40,040 --> 06:56:48,718 like it is it has saved my life so many 10914 06:56:43,280 --> 06:56:51,000 times um and can really get a collection 10915 06:56:48,718 --> 06:56:53,680 ready to launch in no time like the 10916 06:56:51,000 --> 06:56:55,878 longest portion now is just like getting 10917 06:56:53,680 --> 06:56:59,160 the designs into printify and then 10918 06:56:55,878 --> 06:57:00,760 getting those mockups onto Shopify from 10919 06:56:59,160 --> 06:57:02,360 there like the bulk editing is easy and 10920 06:57:00,760 --> 06:57:05,360 you're able to just be like hey guys 10921 06:57:02,360 --> 06:57:09,080 like collections live so it's a really 10922 06:57:05,360 --> 06:57:11,080 easy really easy thing to use so we're 10923 06:57:09,080 --> 06:57:15,798 currently on the free that's like the 10924 06:57:11,080 --> 06:57:18,718 demo so it can only do a certain number 10925 06:57:15,798 --> 06:57:22,120 of tasks and then like you need to move 10926 06:57:18,718 --> 06:57:24,520 up so I think we actually just use basic 10927 06:57:22,120 --> 06:57:28,120 on the brand right now that we've run 10928 06:57:24,520 --> 06:57:31,320 because you get 500 products number of 10929 06:57:28,120 --> 06:57:33,958 products per task 500 we don't have well 10930 06:57:31,320 --> 06:57:36,280 now I guess we have like about 500 but 10931 06:57:33,958 --> 06:57:39,718 this should last you for a a while like 10932 06:57:36,280 --> 06:57:42,558 we've been running our current store for 10933 06:57:39,718 --> 06:57:45,440 over 6 months now and like we're fine 10934 06:57:42,558 --> 06:57:46,398 with the $9.99 so play around with it 10935 06:57:45,440 --> 06:57:49,320 see if it's something that you would 10936 06:57:46,398 --> 06:57:51,840 like to use but the $9.99 plan should be 10937 06:57:49,320 --> 06:57:55,200 plenty for what you need unless you have 10938 06:57:51,840 --> 06:57:58,840 like thousands and thousands of products 10939 06:57:55,200 --> 06:58:01,280 and if you do I mean that's amazing so 10940 06:57:58,840 --> 06:58:05,040 let's resume now that we've paid it 10941 06:58:01,280 --> 06:58:08,718 should finish editing these for us okay 10942 06:58:05,040 --> 06:58:11,080 so that has edited the size small option 10943 06:58:08,718 --> 06:58:12,638 so we can actually recreate this it's 10944 06:58:11,080 --> 06:58:14,840 going to pull in everything that we just 10945 06:58:12,638 --> 06:58:17,200 did and all we're going to do is change 10946 06:58:14,840 --> 06:58:19,160 the size to 10947 06:58:17,200 --> 06:58:21,638 medium click 10948 06:58:19,160 --> 06:58:24,040 start again we're going to 10949 06:58:21,638 --> 06:58:26,398 recreate we're going to change it to 10950 06:58:24,040 --> 06:58:30,240 large this is just like a really quick 10951 06:58:26,398 --> 06:58:31,798 way that you can set up um these bulk 10952 06:58:30,240 --> 06:58:33,718 edits to just run in the background 10953 06:58:31,798 --> 06:58:35,920 while you're doing all the other things 10954 06:58:33,718 --> 06:58:39,320 that you need to be doing for your 10955 06:58:35,920 --> 06:58:42,320 store did I already do large I did okay 10956 06:58:39,320 --> 06:58:45,320 stop that one 10957 06:58:42,320 --> 06:58:45,320 yes 10958 06:58:47,120 --> 06:58:53,920 recreate XL there we go so now we should 10959 06:58:51,120 --> 06:58:57,320 be good small through XL are being taken 10960 06:58:53,920 --> 06:59:01,200 care of again we can recreate this we 10961 06:58:57,320 --> 06:59:04,040 can change this to 2 XL and that's going 10962 06:59:01,200 --> 06:59:04,040 to be 2 10963 06:59:06,120 --> 06:59:10,878 $7.99 and again we'll do it one more 10964 06:59:08,680 --> 06:59:15,760 time for 10965 06:59:10,878 --> 06:59:18,080 our 3XL and that's going to be 10966 06:59:15,760 --> 06:59:20,680 $29.99 so all of these are just going to 10967 06:59:18,080 --> 06:59:24,040 run in the background and kind of do 10968 06:59:20,680 --> 06:59:26,760 their thing as bulk product 10969 06:59:24,040 --> 06:59:29,320 editor does their stuff on the back end 10970 06:59:26,760 --> 06:59:33,320 we can also update 10971 06:59:29,320 --> 06:59:33,320 our description 10972 06:59:34,680 --> 06:59:40,680 and say title contains we'll say t-shirt 10973 06:59:37,320 --> 06:59:43,398 again this should do all of our products 10974 06:59:40,680 --> 06:59:44,958 that we currently have on the store now 10975 06:59:43,398 --> 06:59:46,320 this would be different if you had other 10976 06:59:44,958 --> 06:59:48,798 products so like if you were selling 10977 06:59:46,320 --> 06:59:51,718 hoodies and crew necks alongside of your 10978 06:59:48,798 --> 06:59:53,360 T-shirt you would want to either do a 10979 06:59:51,718 --> 06:59:56,558 title the title that contains like 10980 06:59:53,360 --> 06:59:58,840 hoodie or crew neck or the by the 10981 06:59:56,558 --> 07:00:01,638 product type there are like some 10982 06:59:58,840 --> 07:00:03,840 different ways that you can pretty much 10983 07:00:01,638 --> 07:00:05,718 like find what those products are and if 10984 07:00:03,840 --> 07:00:08,600 you're ever unsure if you've done it 10985 07:00:05,718 --> 07:00:11,280 correctly you can preview the Matched 10986 07:00:08,600 --> 07:00:13,840 products and if nonone match then you 10987 07:00:11,280 --> 07:00:15,840 know that you did something wrong but if 10988 07:00:13,840 --> 07:00:19,080 you did it kind of like the right way 10989 07:00:15,840 --> 07:00:21,958 products should pop up and show you yeah 10990 07:00:19,080 --> 07:00:25,398 so see all of these are going to show up 10991 07:00:21,958 --> 07:00:27,280 and we've got you know 10 pages of it so 10992 07:00:25,398 --> 07:00:30,398 we're good we 10993 07:00:27,280 --> 07:00:33,120 definitely have put in the correct stuff 10994 07:00:30,398 --> 07:00:35,160 and then we can say replace the entire 10995 07:00:33,120 --> 07:00:36,280 description what do we want to replace 10996 07:00:35,160 --> 07:00:39,680 it 10997 07:00:36,280 --> 07:00:41,600 with so this is a really easy way to put 10998 07:00:39,680 --> 07:00:43,958 in your description so in order to do 10999 07:00:41,600 --> 07:00:46,200 this you can actually go to your 11000 07:00:43,958 --> 07:00:48,120 products and edit your description in 11001 07:00:46,200 --> 07:00:50,040 one of one of your products so I did 11002 07:00:48,120 --> 07:00:51,718 that here I like to add a little Emoji I 11003 07:00:50,040 --> 07:00:53,360 think it just makes it fun and kind of 11004 07:00:51,718 --> 07:00:55,440 pops out a little bit and it's a little 11005 07:00:53,360 --> 07:00:57,798 bit different I think than what other 11006 07:00:55,440 --> 07:01:00,080 brands and stores typically do I put up 11007 07:00:57,798 --> 07:01:02,558 a flower because it is for our spring 11008 07:01:00,080 --> 07:01:04,280 collection again like if it was winter 11009 07:01:02,558 --> 07:01:06,680 you could do a snowflake or a Christmas 11010 07:01:04,280 --> 07:01:08,280 tree summer you could do a sun you can 11011 07:01:06,680 --> 07:01:11,360 kind of just pick a different fun Emoji 11012 07:01:08,280 --> 07:01:14,440 for whatever nich you're in if you're 11013 07:01:11,360 --> 07:01:16,398 like into humor if that's your Niche you 11014 07:01:14,440 --> 07:01:17,558 could literally do like a smiley face so 11015 07:01:16,398 --> 07:01:19,080 yeah there's just like some different 11016 07:01:17,558 --> 07:01:21,280 stuff but we like to talk about the 11017 07:01:19,080 --> 07:01:23,360 shirt so we say it's a gild and soft 11018 07:01:21,280 --> 07:01:25,120 style we give them the exact style shirt 11019 07:01:23,360 --> 07:01:27,080 that it is so if you wanted to go and 11020 07:01:25,120 --> 07:01:29,638 Google it you absolutely can you can 11021 07:01:27,080 --> 07:01:32,000 look at the fit it is a unisex fit as we 11022 07:01:29,638 --> 07:01:33,600 say you'd be surprised how many people 11023 07:01:32,000 --> 07:01:35,638 will actually get their order and say I 11024 07:01:33,600 --> 07:01:37,840 thought it was a women's cut 11025 07:01:35,638 --> 07:01:41,718 but it's a part of selling print on 11026 07:01:37,840 --> 07:01:44,080 demand unfortunately we also say what it 11027 07:01:41,718 --> 07:01:46,798 is made out of typically it is 100% 11028 07:01:44,080 --> 07:01:48,680 cotton but it can vary depending on the 11029 07:01:46,798 --> 07:01:51,478 different colors that you pick sometimes 11030 07:01:48,680 --> 07:01:54,600 it's not fully 100% cotton I think those 11031 07:01:51,478 --> 07:01:56,920 Heathers typically are I want to say 11032 07:01:54,600 --> 07:01:58,920 some polyester in there so we say that 11033 07:01:56,920 --> 07:02:01,920 it can vary depending on the color that 11034 07:01:58,920 --> 07:02:03,798 you select it's a light fabric it does 11035 07:02:01,920 --> 07:02:05,440 run true to size and they're made 11036 07:02:03,798 --> 07:02:07,080 packaged and shipped right here in the 11037 07:02:05,440 --> 07:02:08,718 United States and then we just kind of 11038 07:02:07,080 --> 07:02:11,760 give like a little fun thing at the 11039 07:02:08,718 --> 07:02:14,958 bottom seasonally inspired apparel and 11040 07:02:11,760 --> 07:02:16,600 you can grab the HTML code by just 11041 07:02:14,958 --> 07:02:20,280 clicking that little button in the 11042 07:02:16,600 --> 07:02:23,280 corner copying and then saving so this 11043 07:02:20,280 --> 07:02:26,398 is just going to save this description 11044 07:02:23,280 --> 07:02:29,040 to look exactly like this so it's fun 11045 07:02:26,398 --> 07:02:30,520 and cute um and just adds like a little 11046 07:02:29,040 --> 07:02:32,798 bit of an 11047 07:02:30,520 --> 07:02:35,798 extra I don't know I know just a little 11048 07:02:32,798 --> 07:02:37,760 extra that you can add to your store you 11049 07:02:35,798 --> 07:02:41,638 can double check it here yep everything 11050 07:02:37,760 --> 07:02:44,240 looks how I want it to look um so that's 11051 07:02:41,638 --> 07:02:46,080 great we can click edit now and so it's 11052 07:02:44,240 --> 07:02:48,080 going to edit that description as well 11053 07:02:46,080 --> 07:02:50,000 so we're changing the size we're doing 11054 07:02:48,080 --> 07:02:53,840 our description the next thing that we 11055 07:02:50,000 --> 07:02:56,798 can do is a compare at price and this 11056 07:02:53,840 --> 07:02:59,200 can help your conversion rate so this is 11057 07:02:56,798 --> 07:03:02,478 a way that you can kind of put like make 11058 07:02:59,200 --> 07:03:06,120 it seem like your shirts are on sale and 11059 07:03:02,478 --> 07:03:06,120 we can do that 11060 07:03:06,240 --> 07:03:11,600 with I think it's just within pricing 11061 07:03:08,798 --> 07:03:11,600 we'll click pricing 11062 07:03:14,360 --> 07:03:19,320 again yeah here we go change compare at 11063 07:03:20,080 --> 07:03:25,040 price again we're just going to say 11064 07:03:22,080 --> 07:03:26,040 title contains t-shirt because we know 11065 07:03:25,040 --> 07:03:29,798 that 11066 07:03:26,040 --> 07:03:32,160 works what we have right now you can do 11067 07:03:29,798 --> 07:03:33,440 it by variant I do all variants 11068 07:03:32,160 --> 07:03:35,718 sometimes you can change it like if 11069 07:03:33,440 --> 07:03:38,398 somebody filters and they want like all 11070 07:03:35,718 --> 07:03:41,120 the extra large sizes it'll change like 11071 07:03:38,398 --> 07:03:44,840 what the compare at price is I just keep 11072 07:03:41,120 --> 07:03:48,080 it a flat a flat compared at Price okay 11073 07:03:44,840 --> 07:03:48,080 and we can change this 11074 07:03:50,000 --> 07:03:57,558 to so you can just make it like a more 11075 07:03:54,040 --> 07:03:59,558 expensive compare at price um typically 11076 07:03:57,558 --> 07:04:02,558 I usually do like 11077 07:03:59,558 --> 07:04:04,600 30% more because because sometimes in 11078 07:04:02,558 --> 07:04:06,958 our ads we'll say like that things are a 11079 07:04:04,600 --> 07:04:09,240 certain percentage off so that way it 11080 07:04:06,958 --> 07:04:12,398 matches with whatever we're advertising 11081 07:04:09,240 --> 07:04:14,760 on Facebook so we've now updated that 11082 07:04:12,398 --> 07:04:16,120 compare at pricing again bulk editor is 11083 07:04:14,760 --> 07:04:18,478 just going to do its thing it's just 11084 07:04:16,120 --> 07:04:21,680 going to like run in the background of 11085 07:04:18,478 --> 07:04:24,920 stuff it's going to have some work that 11086 07:04:21,680 --> 07:04:26,680 it needs to do and it can take some time 11087 07:04:24,920 --> 07:04:29,558 but we know that all of these are set up 11088 07:04:26,680 --> 07:04:31,798 and they will run in the back end so it 11089 07:04:29,558 --> 07:04:33,718 it may take like 30 minutes for 11090 07:04:31,798 --> 07:04:35,680 everything to run through but once it's 11091 07:04:33,718 --> 07:04:39,160 done our collection is going to be good 11092 07:04:35,680 --> 07:04:41,760 to go so this is probably the last and 11093 07:04:39,160 --> 07:04:44,120 one of the most important steps and this 11094 07:04:41,760 --> 07:04:46,520 is going to be big when it comes to your 11095 07:04:44,120 --> 07:04:49,040 email marketing you have to update your 11096 07:04:46,520 --> 07:04:52,320 inventory because if your inventory is 11097 07:04:49,040 --> 07:04:56,120 not updated to like I think we we put it 11098 07:04:52,320 --> 07:04:58,760 in as like cell even like when out of 11099 07:04:56,120 --> 07:05:00,638 stock that kind of thing otherwise it's 11100 07:04:58,760 --> 07:05:03,360 not going to sink with your clavio 11101 07:05:00,638 --> 07:05:05,760 account so when you go and like try to 11102 07:05:03,360 --> 07:05:07,478 connect different cataloges clavio is 11103 07:05:05,760 --> 07:05:09,798 going to be like you don't have any 11104 07:05:07,478 --> 07:05:12,680 products but we do we're just a little 11105 07:05:09,798 --> 07:05:16,200 different CU we sell print on 11106 07:05:12,680 --> 07:05:19,040 demand um so again we can just say 11107 07:05:16,200 --> 07:05:21,120 title 11108 07:05:19,040 --> 07:05:26,080 contains 11109 07:05:21,120 --> 07:05:27,798 t-shirt we will click yep all variants 11110 07:05:26,080 --> 07:05:31,120 and 11111 07:05:27,798 --> 07:05:33,360 then let's see here we go update 11112 07:05:31,120 --> 07:05:35,760 inventory policy continue selling when 11113 07:05:33,360 --> 07:05:35,760 out of 11114 07:05:36,080 --> 07:05:41,000 stock allow customers to purchase even 11115 07:05:38,920 --> 07:05:43,520 when it's out of stock so this is 11116 07:05:41,000 --> 07:05:45,840 basically just saying like because if 11117 07:05:43,520 --> 07:05:48,680 you look on Shopify Shopify is going to 11118 07:05:45,840 --> 07:05:51,200 say we have no stock because we're not 11119 07:05:48,680 --> 07:05:53,840 like other brands where we have to hold 11120 07:05:51,200 --> 07:05:56,000 our own inventory technically we don't 11121 07:05:53,840 --> 07:05:58,280 have inventory that's all held by 11122 07:05:56,000 --> 07:06:01,200 printify so this is just basically 11123 07:05:58,280 --> 07:06:03,320 telling Shopify like hey even though we 11124 07:06:01,200 --> 07:06:04,920 don't have stock we can still fulfill 11125 07:06:03,320 --> 07:06:07,200 this and it's going to do the same thing 11126 07:06:04,920 --> 07:06:09,320 with clavio this is mostly important 11127 07:06:07,200 --> 07:06:11,798 though with clavio you should not have 11128 07:06:09,320 --> 07:06:14,240 any issues with Shopify without having 11129 07:06:11,798 --> 07:06:19,040 this but clavia will definitely give you 11130 07:06:14,240 --> 07:06:19,040 some issues if you do not have this 11131 07:06:19,160 --> 07:06:24,958 inventory inventory setting like changed 11132 07:06:22,160 --> 07:06:27,160 in the background but this is everything 11133 07:06:24,958 --> 07:06:29,320 that I do to pretty much finalize a 11134 07:06:27,160 --> 07:06:31,638 launch once I've made sure that the 11135 07:06:29,320 --> 07:06:34,478 pricing is good the descriptions are 11136 07:06:31,638 --> 07:06:38,080 added inventory is updated and the 11137 07:06:34,478 --> 07:06:40,440 compare at price is updated your 11138 07:06:38,080 --> 07:06:42,000 products are are good to launch 11139 07:06:40,440 --> 07:06:44,638 everything's good you're connected to 11140 07:06:42,000 --> 07:06:47,680 printify on the back end so if somebody 11141 07:06:44,638 --> 07:06:49,958 checks out like everything is going to 11142 07:06:47,680 --> 07:06:51,600 do what it needs to do again we'll let 11143 07:06:49,958 --> 07:06:53,558 this rest for a little bit we'll come 11144 07:06:51,600 --> 07:06:55,680 back and just make sure everything 11145 07:06:53,558 --> 07:06:58,478 updated appropriately and double check 11146 07:06:55,680 --> 07:07:01,280 the site to make sure that we see those 11147 07:06:58,478 --> 07:07:02,718 changes on the live site as well and 11148 07:07:01,280 --> 07:07:04,360 we'll add them to the different sales 11149 07:07:02,718 --> 07:07:08,478 channels but other than that you're good 11150 07:07:04,360 --> 07:07:11,718 to go okay so as you can see these bulk 11151 07:07:08,478 --> 07:07:14,878 edits are finishing up it's currently 11152 07:07:11,718 --> 07:07:17,160 running on our description so that's 11153 07:07:14,878 --> 07:07:19,080 really nice and now so a way that you 11154 07:07:17,160 --> 07:07:23,320 can double check this is then by going 11155 07:07:19,080 --> 07:07:27,320 to your online store and viewing your 11156 07:07:23,320 --> 07:07:30,320 store so we can click 11157 07:07:27,320 --> 07:07:33,280 shop and an easy way to double check 11158 07:07:30,320 --> 07:07:35,760 your um pricing as you can see here from 11159 07:07:33,280 --> 07:07:40,000 $26.99 is to go 11160 07:07:35,760 --> 07:07:42,000 by Price low to high so as you can see 11161 07:07:40,000 --> 07:07:45,120 all of these have been updated they are 11162 07:07:42,000 --> 07:07:47,680 at least $26.99 so you are definitely 11163 07:07:45,120 --> 07:07:50,718 making something like maybe some of the 11164 07:07:47,680 --> 07:07:53,920 higher up Brands could have an an issue 11165 07:07:50,718 --> 07:07:55,680 but overall they are pretty good this 11166 07:07:53,920 --> 07:07:58,040 mockup is not great that needs to be 11167 07:07:55,680 --> 07:08:00,718 moved down slightly um but this is why 11168 07:07:58,040 --> 07:08:02,080 we do like that final run through check 11169 07:08:00,718 --> 07:08:05,600 as you can see the description has been 11170 07:08:02,080 --> 07:08:08,878 updated here which looks really nice I 11171 07:08:05,600 --> 07:08:11,478 like how it kind of matches the flower 11172 07:08:08,878 --> 07:08:11,478 here in the 11173 07:08:11,760 --> 07:08:18,200 corner oh there we go you have Heather 11174 07:08:18,280 --> 07:08:24,840 Navy cool so as you can see as you 11175 07:08:21,718 --> 07:08:26,760 change the color variant the thumbnails 11176 07:08:24,840 --> 07:08:28,478 changing that way people can't be like 11177 07:08:26,760 --> 07:08:30,798 too distracted by all the other colors 11178 07:08:28,478 --> 07:08:33,080 down here or accidentally pick the wrong 11179 07:08:30,798 --> 07:08:35,360 color cuz that happens more often than 11180 07:08:33,080 --> 07:08:37,478 you would think yeah overall these look 11181 07:08:35,360 --> 07:08:39,878 really really good I like the look of 11182 07:08:37,478 --> 07:08:41,920 them and I like how when you scroll over 11183 07:08:39,878 --> 07:08:43,320 top the color changes as well so it kind 11184 07:08:41,920 --> 07:08:46,440 of just like is another way to catch 11185 07:08:43,320 --> 07:08:49,080 your eye now unfortunately there's no 11186 07:08:46,440 --> 07:08:52,320 there's no way to double check like that 11187 07:08:49,080 --> 07:08:54,638 inventory like on your your site but 11188 07:08:52,320 --> 07:08:57,000 assuming that it's it's running like it 11189 07:08:54,638 --> 07:08:58,638 you should not have any sort of issues 11190 07:08:57,000 --> 07:09:01,360 we'll double check this compare app 11191 07:08:58,638 --> 07:09:02,798 price in a minute when this is done and 11192 07:09:01,360 --> 07:09:04,920 you'll be able to see what that looks 11193 07:09:02,798 --> 07:09:06,440 like on the site but yeah other than 11194 07:09:04,920 --> 07:09:08,798 that like this is how to use the bulk 11195 07:09:06,440 --> 07:09:11,440 product Editor to pretty much get your 11196 07:09:08,798 --> 07:09:12,680 collection completely ready for launch 11197 07:09:11,440 --> 07:09:15,520 there you go there's your little 11198 07:09:12,680 --> 07:09:18,440 compared at so see how this one hasn't 11199 07:09:15,520 --> 07:09:21,440 been updated yet but fragile has it has 11200 07:09:18,440 --> 07:09:22,398 that 3856 crossed out and then you see 11201 07:09:21,440 --> 07:09:27,120 that 11202 07:09:22,398 --> 07:09:28,478 $26.99 price so works that works for me 11203 07:09:27,120 --> 07:09:30,398 I think that's great I hope you guys 11204 07:09:28,478 --> 07:09:31,798 enjoyed this module at this point you 11205 07:09:30,398 --> 07:09:33,600 guys should pretty much be ready to 11206 07:09:31,798 --> 07:09:36,040 launch your product should be ready to 11207 07:09:33,600 --> 07:09:38,920 go um besides some little tweaks here 11208 07:09:36,040 --> 07:09:40,798 and there uh everything is kind of set 11209 07:09:38,920 --> 07:09:42,160 up on our our side and we're ready to 11210 07:09:40,798 --> 07:09:50,650 start running some 11211 07:09:42,160 --> 07:09:50,650 [Music] 11212 07:09:53,200 --> 07:09:58,120 ads in this module we are going to go 11213 07:09:55,840 --> 07:10:00,798 through all the final steps to make sure 11214 07:09:58,120 --> 07:10:03,120 that your products are officially ready 11215 07:10:00,798 --> 07:10:05,200 for launch lach so the first thing that 11216 07:10:03,120 --> 07:10:07,840 you're going to want to do is go to your 11217 07:10:05,200 --> 07:10:09,680 Shopify store as you can see we've 11218 07:10:07,840 --> 07:10:12,160 already run all the bulk edit on the 11219 07:10:09,680 --> 07:10:15,000 back end which does all the hard work 11220 07:10:12,160 --> 07:10:17,920 for us now just double check everything 11221 07:10:15,000 --> 07:10:20,080 we can go to products we can see all the 11222 07:10:17,920 --> 07:10:22,320 mockups have been uploaded and we just 11223 07:10:20,080 --> 07:10:27,040 want to be updating all of this within 11224 07:10:22,320 --> 07:10:29,040 our like master design spreadsheet so as 11225 07:10:27,040 --> 07:10:30,600 you can see they're all currently in 11226 07:10:29,040 --> 07:10:34,478 draft we're going to make all of these 11227 07:10:30,600 --> 07:10:37,638 live all of our t-shirts have mockups 11228 07:10:34,478 --> 07:10:39,718 okay so mockups have been added for Aloe 11229 07:10:37,638 --> 07:10:42,680 because we did that together we do not 11230 07:10:39,718 --> 07:10:44,280 have hoodies crew necks or tank tops but 11231 07:10:42,680 --> 07:10:47,000 again you would go through the exact 11232 07:10:44,280 --> 07:10:49,520 same system that we've already done you 11233 07:10:47,000 --> 07:10:50,878 would you know go to whatever print 11234 07:10:49,520 --> 07:10:54,040 provider you're working with you would 11235 07:10:50,878 --> 07:10:56,440 pick the hoodie upload your design on 11236 07:10:54,040 --> 07:10:58,600 printify get it over to your Shopify 11237 07:10:56,440 --> 07:11:00,440 store and you would just do the exact 11238 07:10:58,600 --> 07:11:02,280 same thing that we've already done with 11239 07:11:00,440 --> 07:11:04,280 t-shirts so you're going to click that 11240 07:11:02,280 --> 07:11:08,000 we already did the mockup we have added 11241 07:11:04,280 --> 07:11:11,200 it to printify and we've updated it in 11242 07:11:08,000 --> 07:11:13,920 Shopify so we are good there and now we 11243 07:11:11,200 --> 07:11:16,520 can click that we bulk edited all of 11244 07:11:13,920 --> 07:11:16,520 these 11245 07:11:17,840 --> 07:11:24,600 products so we'll just click and this is 11246 07:11:20,878 --> 07:11:27,878 just a really easy way to stay organized 11247 07:11:24,600 --> 07:11:29,638 and see you know which designs have been 11248 07:11:27,878 --> 07:11:31,760 uploaded which 11249 07:11:29,638 --> 07:11:35,120 haven't for some reason reason was the 11250 07:11:31,760 --> 07:11:37,638 one added later so it was never bulk 11251 07:11:35,120 --> 07:11:39,958 edited pretty much before I do any sort 11252 07:11:37,638 --> 07:11:44,160 of launch I will always just run a bulk 11253 07:11:39,958 --> 07:11:47,000 edit again just to just to like triple 11254 07:11:44,160 --> 07:11:50,080 check and make sure that I have dotted 11255 07:11:47,000 --> 07:11:50,080 my eyes and crossed my 11256 07:11:51,080 --> 07:11:56,120 teeth 11257 07:11:53,478 --> 07:11:58,680 okay and in a perfect world the picture 11258 07:11:56,120 --> 07:12:00,398 would have popped up with all of these 11259 07:11:58,680 --> 07:12:02,718 but I mean that's fine you can still 11260 07:12:00,398 --> 07:12:06,040 click it and get an idea of what image 11261 07:12:02,718 --> 07:12:09,160 is there so that looks good now we 11262 07:12:06,040 --> 07:12:11,200 already know we've done our prfi stuff 11263 07:12:09,160 --> 07:12:13,240 so we already know that it's gone 11264 07:12:11,200 --> 07:12:15,558 through printify QA because we've been 11265 07:12:13,240 --> 07:12:18,478 the one uploading it if it wasn't you 11266 07:12:15,558 --> 07:12:19,878 like let's say you hired an employee you 11267 07:12:18,478 --> 07:12:22,160 would want to be going through and just 11268 07:12:19,878 --> 07:12:24,798 double checking and making sure that you 11269 07:12:22,160 --> 07:12:26,638 like the placement that everything's in 11270 07:12:24,798 --> 07:12:30,120 like let's say specifically like you 11271 07:12:26,638 --> 07:12:31,638 wanted a upper like chest like a logo 11272 07:12:30,120 --> 07:12:33,240 here and maybe a design design on the 11273 07:12:31,638 --> 07:12:35,160 back you would want to make sure that 11274 07:12:33,240 --> 07:12:37,600 that placement on that front chest is in 11275 07:12:35,160 --> 07:12:39,558 the right spot for us we really just do 11276 07:12:37,600 --> 07:12:42,080 like one big design on the front so as 11277 07:12:39,558 --> 07:12:44,680 long as it's centered and like 11278 07:12:42,080 --> 07:12:47,160 positional wise looks nice we shouldn't 11279 07:12:44,680 --> 07:12:49,638 run into too many issues but when it 11280 07:12:47,160 --> 07:12:51,878 comes to that like front chest like that 11281 07:12:49,638 --> 07:12:54,160 left chest you can sometimes run into 11282 07:12:51,878 --> 07:12:56,600 placement issues so we already know that 11283 07:12:54,160 --> 07:12:59,200 they've gone through a full printify QA 11284 07:12:56,600 --> 07:13:02,080 we've done all the mockup uploads on 11285 07:12:59,200 --> 07:13:04,360 Shopify so those have gone through our 11286 07:13:02,080 --> 07:13:06,638 QA again you would want to double check 11287 07:13:04,360 --> 07:13:09,398 this I would just go in take a quick 11288 07:13:06,638 --> 07:13:10,760 peek are the mockups looking good is it 11289 07:13:09,398 --> 07:13:12,200 what you had in mind are there any 11290 07:13:10,760 --> 07:13:15,120 changes that you would maybe want to 11291 07:13:12,200 --> 07:13:17,558 make prior to you know making these 11292 07:13:15,120 --> 07:13:20,000 designs live and public for people to 11293 07:13:17,558 --> 07:13:23,120 purchase again just going 11294 07:13:20,000 --> 07:13:26,160 through product tags again for this 11295 07:13:23,120 --> 07:13:28,878 launch all we've done is tag our designs 11296 07:13:26,160 --> 07:13:30,320 with T-shirt If you were doing a special 11297 07:13:28,878 --> 07:13:33,398 kind of launch like let's say you were 11298 07:13:30,320 --> 07:13:36,320 just doing a flower collection or you 11299 07:13:33,398 --> 07:13:38,120 were just doing like a beach collection 11300 07:13:36,320 --> 07:13:40,440 you would want to maybe tag all those 11301 07:13:38,120 --> 07:13:42,600 items with beach so that it's easy to 11302 07:13:40,440 --> 07:13:44,878 like organize and keep those products 11303 07:13:42,600 --> 07:13:47,080 together for us all we've been using so 11304 07:13:44,878 --> 07:13:49,320 far is the T-shirt design again when 11305 07:13:47,080 --> 07:13:52,798 you're first starting out I wouldn't say 11306 07:13:49,320 --> 07:13:55,240 like your tags are as important than 11307 07:13:52,798 --> 07:13:59,040 like when you've been around for a while 11308 07:13:55,240 --> 07:14:00,760 you have hundreds of products like if by 11309 07:13:59,040 --> 07:14:01,798 the time we get from like spring to 11310 07:14:00,760 --> 07:14:03,478 Summer 11311 07:14:01,798 --> 07:14:07,120 like I would want to start adding like a 11312 07:14:03,478 --> 07:14:08,440 spring tag a summer tag maybe tagging 11313 07:14:07,120 --> 07:14:10,798 certain shirts that would fit for 11314 07:14:08,440 --> 07:14:13,398 holidays so like any shirt that has like 11315 07:14:10,798 --> 07:14:16,760 red white and blue like tagging that for 11316 07:14:13,398 --> 07:14:18,120 Memorial Day or 4th of July those are 11317 07:14:16,760 --> 07:14:20,840 kind of things that you can be thinking 11318 07:14:18,120 --> 07:14:22,520 of or like when you're making a design 11319 07:14:20,840 --> 07:14:24,320 think of some of the tags that you would 11320 07:14:22,520 --> 07:14:26,280 potentially want to have and then just 11321 07:14:24,320 --> 07:14:28,600 add those tags to either printify or 11322 07:14:26,280 --> 07:14:30,600 Shopify and then it makes your life 11323 07:14:28,600 --> 07:14:33,320 easier later when you're trying to you 11324 07:14:30,600 --> 07:14:34,760 know or organize your site lots of 11325 07:14:33,320 --> 07:14:38,360 manual busy 11326 07:14:34,760 --> 07:14:41,040 work it's funny when um Chris and I have 11327 07:14:38,360 --> 07:14:44,558 become well I mean he's my husband now 11328 07:14:41,040 --> 07:14:47,520 but when we were dating and you know he 11329 07:14:44,558 --> 07:14:49,000 was telling me that I should start my 11330 07:14:47,520 --> 07:14:51,600 own store he thought I would be really 11331 07:14:49,000 --> 07:14:54,558 good at it it's funny we've kind of 11332 07:14:51,600 --> 07:14:58,320 fallen in love with the different parts 11333 07:14:54,558 --> 07:15:00,280 of running a business so it works out 11334 07:14:58,320 --> 07:15:02,320 very nicely to our advantage like he 11335 07:15:00,280 --> 07:15:03,958 would lose his mine just sitting here 11336 07:15:02,320 --> 07:15:06,760 like clicking through all these little 11337 07:15:03,958 --> 07:15:09,080 check boxes or like putting mockup 11338 07:15:06,760 --> 07:15:11,478 pictures on Shopify or doing any of the 11339 07:15:09,080 --> 07:15:13,638 canvas stuff he is just like not that 11340 07:15:11,478 --> 07:15:15,760 type of person he's so analytical and 11341 07:15:13,638 --> 07:15:18,000 loves just like loves data I think 11342 07:15:15,760 --> 07:15:21,160 that's why he loves the advertising so 11343 07:15:18,000 --> 07:15:24,680 much cuz for him he's not really looking 11344 07:15:21,160 --> 07:15:26,558 at like the creative part of ads pretty 11345 07:15:24,680 --> 07:15:30,280 much like I make the creative and feed 11346 07:15:26,558 --> 07:15:32,958 it to him and he's just like so good at 11347 07:15:30,280 --> 07:15:34,718 looking at that data and like making 11348 07:15:32,958 --> 07:15:37,920 decisions based off of the data that he 11349 07:15:34,718 --> 07:15:40,360 sees so just it's funny that like we 11350 07:15:37,920 --> 07:15:41,878 have just worked out to being you know 11351 07:15:40,360 --> 07:15:43,320 not only husband and wife but like 11352 07:15:41,878 --> 07:15:45,680 really good business partners and 11353 07:15:43,320 --> 07:15:49,040 enjoying different parts of the business 11354 07:15:45,680 --> 07:15:51,760 published two Shopify published on 11355 07:15:49,040 --> 07:15:54,280 Shopify and then once they're all live 11356 07:15:51,760 --> 07:15:57,920 then we'll go through and say that we've 11357 07:15:54,280 --> 07:15:57,920 published all of them 11358 07:15:58,050 --> 07:16:03,810 [Music] 11359 07:16:05,900 --> 07:16:09,040 [Music] 11360 07:16:07,360 --> 07:16:11,120 these are the most common mistakes that 11361 07:16:09,040 --> 07:16:13,600 I see beginners make and that quite 11362 07:16:11,120 --> 07:16:15,878 honestly I made myself when it comes to 11363 07:16:13,600 --> 07:16:17,840 the areas of their product catalog and 11364 07:16:15,878 --> 07:16:19,878 their fulfillment so first off with the 11365 07:16:17,840 --> 07:16:21,520 product mistakes these are the ones that 11366 07:16:19,878 --> 07:16:23,520 are going to cost you dearly when it 11367 07:16:21,520 --> 07:16:26,200 comes to like your ad performance and 11368 07:16:23,520 --> 07:16:28,040 just your overall sales in general cuz 11369 07:16:26,200 --> 07:16:30,398 if you don't have like really high 11370 07:16:28,040 --> 07:16:33,320 quality products then nothing else is 11371 07:16:30,398 --> 07:16:35,478 going to work as I will repeatedly say 11372 07:16:33,320 --> 07:16:37,760 throughout this course so avoiding these 11373 07:16:35,478 --> 07:16:40,280 mistakes will get you sales and 11374 07:16:37,760 --> 07:16:42,360 profitability much faster the first one 11375 07:16:40,280 --> 07:16:45,200 is not enough products I used to tell 11376 07:16:42,360 --> 07:16:47,280 people like 50 to 75 designs and this is 11377 07:16:45,200 --> 07:16:49,040 for t-shirts with print on man obviously 11378 07:16:47,280 --> 07:16:51,798 if you're selling different products 11379 07:16:49,040 --> 07:16:53,440 just swap it out but when it comes to 11380 07:16:51,798 --> 07:16:56,040 t-shirts specifically print on demand 11381 07:16:53,440 --> 07:16:59,280 stores you need at least like a 100 11382 07:16:56,040 --> 07:17:01,398 designs to get a good sample size of 11383 07:16:59,280 --> 07:17:03,398 potential designs for their be something 11384 07:17:01,398 --> 07:17:05,160 for everybody who comes to your store 11385 07:17:03,398 --> 07:17:07,920 next is the product collection not being 11386 07:17:05,160 --> 07:17:09,638 based on Research so people just sitting 11387 07:17:07,920 --> 07:17:12,160 down at their computer and coming up 11388 07:17:09,638 --> 07:17:14,718 with designs that they like or just 11389 07:17:12,160 --> 07:17:17,558 randomly taking shots in the dark the 11390 07:17:14,718 --> 07:17:19,478 research is a absolutely crucial step 11391 07:17:17,558 --> 07:17:22,120 it's a step that I'm not even quite sure 11392 07:17:19,478 --> 07:17:23,798 why but people seem to myself included 11393 07:17:22,120 --> 07:17:26,000 seem to hold off on this and it seems 11394 07:17:23,798 --> 07:17:27,638 like it's not until they're like 11395 07:17:26,000 --> 07:17:29,080 somewhat more experience for them to 11396 07:17:27,638 --> 07:17:30,878 really start seeing the value in the 11397 07:17:29,080 --> 07:17:32,798 research maybe it's because they're just 11398 07:17:30,878 --> 07:17:35,520 too much to learn early on or I'm not 11399 07:17:32,798 --> 07:17:37,440 sure but try to fight that urge and do 11400 07:17:35,520 --> 07:17:40,398 your research upfront you'll save 11401 07:17:37,440 --> 07:17:42,120 yourself so much time next is they start 11402 07:17:40,398 --> 07:17:44,080 diversifying their product catalog 11403 07:17:42,120 --> 07:17:47,360 before they are profitable and this is 11404 07:17:44,080 --> 07:17:50,040 an understandable urge which is like you 11405 07:17:47,360 --> 07:17:52,000 launch with say t-shirts for example and 11406 07:17:50,040 --> 07:17:54,040 then your store isn't doing that so then 11407 07:17:52,000 --> 07:17:56,360 you go okay now I'm going to launch 11408 07:17:54,040 --> 07:17:58,320 phone cases okay now that's not doing 11409 07:17:56,360 --> 07:18:01,080 too then I'm going to launch something 11410 07:17:58,320 --> 07:18:03,000 else and people do that because they 11411 07:18:01,080 --> 07:18:04,398 think oh by adding more products like 11412 07:18:03,000 --> 07:18:06,360 Chris says more products it's going to 11413 07:18:04,398 --> 07:18:08,360 lead me to be profitable more which is 11414 07:18:06,360 --> 07:18:10,920 true a lot of times but there's a 11415 07:18:08,360 --> 07:18:13,240 underlying like fulfillment debt that 11416 07:18:10,920 --> 07:18:15,520 gets built up with that you learn how to 11417 07:18:13,240 --> 07:18:17,120 make t-shirt designs that's a skill that 11418 07:18:15,520 --> 07:18:19,200 you can get good at you get really good 11419 07:18:17,120 --> 07:18:20,958 at knowing that product type how to make 11420 07:18:19,200 --> 07:18:22,320 good designs learning the ins and outs 11421 07:18:20,958 --> 07:18:24,600 as soon as you switch to a different 11422 07:18:22,320 --> 07:18:26,200 product type it's completely different 11423 07:18:24,600 --> 07:18:28,000 yes it's similar it can still be print 11424 07:18:26,200 --> 07:18:31,080 on Dem or if you're doing Drop Shipping 11425 07:18:28,000 --> 07:18:33,478 whatever but as soon as you switch to a 11426 07:18:31,080 --> 07:18:35,520 different product type you're erasing 11427 07:18:33,478 --> 07:18:38,120 all of the builtup skill set that you 11428 07:18:35,520 --> 07:18:41,080 already developed so what I tell people 11429 07:18:38,120 --> 07:18:43,040 is don't expand your product catalog to 11430 07:18:41,080 --> 07:18:44,478 a different product type until you've 11431 07:18:43,040 --> 07:18:46,320 gotten profitable in the first place 11432 07:18:44,478 --> 07:18:48,200 even if you go to apparel I would not 11433 07:18:46,320 --> 07:18:49,798 recommend if you launch a store and 11434 07:18:48,200 --> 07:18:51,558 you're not profitable yet I would not 11435 07:18:49,798 --> 07:18:53,520 recommend adding on hoodies of those 11436 07:18:51,558 --> 07:18:54,320 same designs cuz if nobody's buying them 11437 07:18:53,520 --> 07:18:56,920 on 11438 07:18:54,320 --> 07:18:58,440 t-shirts there might be some Fringe 11439 07:18:56,920 --> 07:19:00,878 scenarios where they sell slightly 11440 07:18:58,440 --> 07:19:02,398 better on hoodies or tank tops but by 11441 07:19:00,878 --> 07:19:04,240 and large if it doesn't sell on t-shirts 11442 07:19:02,398 --> 07:19:07,000 it's not going to magically flip a 11443 07:19:04,240 --> 07:19:09,120 switch if it's put on a hoodie or a tank 11444 07:19:07,000 --> 07:19:11,280 top it's just not going to happen so get 11445 07:19:09,120 --> 07:19:13,240 your collection Prof get your brand 11446 07:19:11,280 --> 07:19:14,520 profitable with t-shirts or whatever you 11447 07:19:13,240 --> 07:19:16,360 start off with first I don't care if you 11448 07:19:14,520 --> 07:19:18,160 do t-shirts that's just what I recommend 11449 07:19:16,360 --> 07:19:20,478 but whatever you start out with get it 11450 07:19:18,160 --> 07:19:22,000 profitable with that first and then 11451 07:19:20,478 --> 07:19:23,920 before expanding to other things and 11452 07:19:22,000 --> 07:19:25,798 we'll talk about all the times to expand 11453 07:19:23,920 --> 07:19:28,080 to different products and like how you 11454 07:19:25,798 --> 07:19:29,240 can expand your like scale by expanding 11455 07:19:28,080 --> 07:19:32,440 your product catalog but it has to be 11456 07:19:29,240 --> 07:19:34,160 done in the right way and not too early 11457 07:19:32,440 --> 07:19:35,920 the fourth is bad mockups you can have 11458 07:19:34,160 --> 07:19:38,240 great Designs Great products but if the 11459 07:19:35,920 --> 07:19:40,520 mockup just looks overly photoshopped or 11460 07:19:38,240 --> 07:19:43,040 not enticing then nobody's going to buy 11461 07:19:40,520 --> 07:19:44,958 it more and Upstream from that nobody's 11462 07:19:43,040 --> 07:19:48,000 going to click on the ad the mockups are 11463 07:19:44,958 --> 07:19:50,440 so key so rewatch The section that Meg 11464 07:19:48,000 --> 07:19:52,320 did on how she made like an amazing 11465 07:19:50,440 --> 07:19:55,080 looking mockup like just some simple 11466 07:19:52,320 --> 07:19:57,320 filters and stuff that she puts on it um 11467 07:19:55,080 --> 07:19:59,878 it's yeah they're worth the weight in 11468 07:19:57,320 --> 07:20:01,878 gold and then the next one is not 11469 07:19:59,878 --> 07:20:04,280 iterating on their product catalog once 11470 07:20:01,878 --> 07:20:06,398 the sales start coming in and this was 11471 07:20:04,280 --> 07:20:08,240 one that I did a lot when I would make a 11472 07:20:06,398 --> 07:20:09,958 a collection of products and then sales 11473 07:20:08,240 --> 07:20:12,440 would start coming in and then all of my 11474 07:20:09,958 --> 07:20:14,160 focus would just go to the ad account 11475 07:20:12,440 --> 07:20:16,240 and like optimizing tweaking little 11476 07:20:14,160 --> 07:20:18,558 things there they not full-time my my 11477 07:20:16,240 --> 07:20:20,160 main focus should have been on seeing 11478 07:20:18,558 --> 07:20:21,840 which designs are performing the best 11479 07:20:20,160 --> 07:20:24,160 like what are people buying then go and 11480 07:20:21,840 --> 07:20:26,520 make more of those and just rinse and 11481 07:20:24,160 --> 07:20:28,398 repeat that exact process over and over 11482 07:20:26,520 --> 07:20:30,398 again and if you keep doing that you 11483 07:20:28,398 --> 07:20:32,040 stay focused on that like within a few 11484 07:20:30,398 --> 07:20:34,878 weeks weeks or months you'll have an 11485 07:20:32,040 --> 07:20:36,840 amazing product catalog like an amazing 11486 07:20:34,878 --> 07:20:38,760 collection that is going to drive sales 11487 07:20:36,840 --> 07:20:41,120 like nothing else ever can now the 11488 07:20:38,760 --> 07:20:43,040 Fulfillment mistakes these are ones that 11489 07:20:41,120 --> 07:20:45,320 can end up costing you a lot in your 11490 07:20:43,040 --> 07:20:48,000 backend profitability in two different 11491 07:20:45,320 --> 07:20:50,040 ways one your cost of goods like your 11492 07:20:48,000 --> 07:20:53,718 actual margin that's the most obvious 11493 07:20:50,040 --> 07:20:55,840 one but two is the LTV of your customer 11494 07:20:53,718 --> 07:20:57,718 so first mistake I see is people not 11495 07:20:55,840 --> 07:20:59,638 watching their cost of goods percentage 11496 07:20:57,718 --> 07:21:01,120 you need to run the financials daily and 11497 07:20:59,638 --> 07:21:03,840 make sure that your cost Goods 11498 07:21:01,120 --> 07:21:07,280 percentage as a percentage of Revenue is 11499 07:21:03,840 --> 07:21:09,798 around 40% if it even hits like 45% 11500 07:21:07,280 --> 07:21:12,600 that's too high 50% no way you're really 11501 07:21:09,798 --> 07:21:15,398 making money 55% you're just burning 11502 07:21:12,600 --> 07:21:18,398 cash it needs to be at 40% or lower 11503 07:21:15,398 --> 07:21:20,240 which as an aside companies like big 11504 07:21:18,398 --> 07:21:22,000 companies that are like scaling to 11505 07:21:20,240 --> 07:21:25,798 multiple eight figures they shoot for 11506 07:21:22,000 --> 07:21:27,878 products that are in like 25 to 30% cost 11507 07:21:25,798 --> 07:21:29,440 of goods so like they're aiming way 11508 07:21:27,878 --> 07:21:31,080 lower they go after products where they 11509 07:21:29,440 --> 07:21:32,638 have huge margin 11510 07:21:31,080 --> 07:21:34,120 now obviously there's some advantages 11511 07:21:32,638 --> 07:21:36,240 that they have that we don't like for 11512 07:21:34,120 --> 07:21:38,200 example they have a lot of cash they can 11513 07:21:36,240 --> 07:21:40,320 invest into buying a bunch of inventory 11514 07:21:38,200 --> 07:21:42,798 to get cheaper prices so with print on 11515 07:21:40,320 --> 07:21:44,798 demand the tradeoff we don't have to put 11516 07:21:42,798 --> 07:21:47,040 any money up front the trade-off is that 11517 07:21:44,798 --> 07:21:49,718 it's slightly lower Mark not slightly 11518 07:21:47,040 --> 07:21:51,160 it's lower margins but you can manage 11519 07:21:49,718 --> 07:21:53,558 that it's definitely manageable if you 11520 07:21:51,160 --> 07:21:55,200 set the prices around what we recommend 11521 07:21:53,558 --> 07:21:57,000 but you have to watch that number on a 11522 07:21:55,200 --> 07:21:59,478 daily basis and make sure it stays at 11523 07:21:57,000 --> 07:22:01,360 40% because take it from me if it gets 11524 07:21:59,478 --> 07:22:04,958 if it runs away from you becomes much 11525 07:22:01,360 --> 07:22:06,878 harder to course correct and get it back 11526 07:22:04,958 --> 07:22:10,160 number two is not staying on top of 11527 07:22:06,878 --> 07:22:12,000 order statuses so as once an order comes 11528 07:22:10,160 --> 07:22:13,600 in from a customer you need to be 11529 07:22:12,000 --> 07:22:14,878 watching in your printify account or 11530 07:22:13,600 --> 07:22:17,760 whatever fulfilment provider you're 11531 07:22:14,878 --> 07:22:19,760 using we use printify they have a really 11532 07:22:17,760 --> 07:22:21,840 easy dashboard to check each of your 11533 07:22:19,760 --> 07:22:23,520 order statuses if anything is wrong with 11534 07:22:21,840 --> 07:22:26,240 them like if they need you to update 11535 07:22:23,520 --> 07:22:28,520 like a shipping address or a package 11536 07:22:26,240 --> 07:22:30,520 return whatever it is or if a shipment 11537 07:22:28,520 --> 07:22:32,000 was delayed they update it in your 11538 07:22:30,520 --> 07:22:33,840 dashboard but you need to actually be 11539 07:22:32,000 --> 07:22:36,920 watching that and keeping track of each 11540 07:22:33,840 --> 07:22:39,398 of the orders because every order that's 11541 07:22:36,920 --> 07:22:42,398 delayed for whatever reason that can 11542 07:22:39,398 --> 07:22:44,520 either go one of two ways either a the 11543 07:22:42,398 --> 07:22:47,240 one the route that I went most often 11544 07:22:44,520 --> 07:22:48,240 early on is you do nothing about it 11545 07:22:47,240 --> 07:22:50,920 partially because you don't even know 11546 07:22:48,240 --> 07:22:53,280 what's going on and the customer ends up 11547 07:22:50,920 --> 07:22:54,558 just waiting 6 weeks to never to get 11548 07:22:53,280 --> 07:22:56,638 their product and then they're pissed 11549 07:22:54,558 --> 07:22:58,760 off either charging back asking for a 11550 07:22:56,638 --> 07:23:00,120 refund and certainly not telling any of 11551 07:22:58,760 --> 07:23:02,280 their friends or family to go buy from 11552 07:23:00,120 --> 07:23:05,760 you they had this horrible experience or 11553 07:23:02,280 --> 07:23:07,798 B you're watching this every day and 11554 07:23:05,760 --> 07:23:09,398 you're as soon as an order is delayed 11555 07:23:07,798 --> 07:23:11,240 you're getting in there and fixing it 11556 07:23:09,398 --> 07:23:13,440 giving printify whatever they need to 11557 07:23:11,240 --> 07:23:15,318 correct it and then you're contacting 11558 07:23:13,440 --> 07:23:17,240 the customer if it's been like more than 11559 07:23:15,318 --> 07:23:19,558 a day or two and letting them know and 11560 07:23:17,240 --> 07:23:21,318 say hey your order's been delayed but to 11561 07:23:19,558 --> 07:23:23,398 make up for it like here's a 20% 11562 07:23:21,318 --> 07:23:25,878 discount or like we refunded the cost of 11563 07:23:23,398 --> 07:23:28,240 the shipping on your order that customer 11564 07:23:25,878 --> 07:23:29,840 is now completely understanding okay it 11565 07:23:28,240 --> 07:23:31,478 took an extra day or two because you 11566 07:23:29,840 --> 07:23:33,040 were just Pro Pro active about it 11567 07:23:31,478 --> 07:23:35,000 nothing different happened you were just 11568 07:23:33,040 --> 07:23:36,840 checking it on a daily basis along that 11569 07:23:35,000 --> 07:23:39,000 same line is another mistake I see 11570 07:23:36,840 --> 07:23:42,478 people making is over promising on their 11571 07:23:39,000 --> 07:23:43,840 fulfillment times so if your orders like 11572 07:23:42,478 --> 07:23:45,200 if you're using like Monster Digital 11573 07:23:43,840 --> 07:23:47,638 from printify they're normally very good 11574 07:23:45,200 --> 07:23:49,680 at getting orders out by the next day a 11575 07:23:47,638 --> 07:23:51,638 lot of times but I would never say that 11576 07:23:49,680 --> 07:23:54,040 on the website cuz I don't want any 11577 07:23:51,638 --> 07:23:56,160 customer to have that expectation of 11578 07:23:54,040 --> 07:23:58,798 okay if my order is not out by tomorrow 11579 07:23:56,160 --> 07:24:00,558 then something's wrong and more than 11580 07:23:58,798 --> 07:24:03,200 something wrong I'm I'm pissed off about 11581 07:24:00,558 --> 07:24:05,798 it so we tell people that it takes 5 to 11582 07:24:03,200 --> 07:24:08,040 seven business days for it to arrive in 11583 07:24:05,798 --> 07:24:10,638 the US for international we say longer 11584 07:24:08,040 --> 07:24:12,398 but in the US full well knowing that 11585 07:24:10,638 --> 07:24:15,440 they're most likely going to get the 11586 07:24:12,398 --> 07:24:17,000 product in two to four business days and 11587 07:24:15,440 --> 07:24:19,878 the trade-off there is you get a 11588 07:24:17,000 --> 07:24:21,040 slightly lower conversion rate maybe 11589 07:24:19,878 --> 07:24:22,798 because there's some people that might 11590 07:24:21,040 --> 07:24:26,160 want it like tomorrow for a birthday or 11591 07:24:22,798 --> 07:24:28,160 something but on the upside you are way 11592 07:24:26,160 --> 07:24:29,520 when a customer is expecting it in 5 to 11593 07:24:28,160 --> 07:24:32,200 seven business days and they get it in 11594 07:24:29,520 --> 07:24:34,040 two days that person's ecstatic and the 11595 07:24:32,200 --> 07:24:35,798 only difference was that you just tell 11596 07:24:34,040 --> 07:24:38,440 them something like a little bit 11597 07:24:35,798 --> 07:24:40,160 overcompensating on the front end and 11598 07:24:38,440 --> 07:24:42,718 then you just you win a customer for 11599 07:24:40,160 --> 07:24:45,318 life cuz you just wowed them along that 11600 07:24:42,718 --> 07:24:47,558 same line and how your fulfillment ties 11601 07:24:45,318 --> 07:24:50,120 into your LTV I see a lot of people not 11602 07:24:47,558 --> 07:24:52,638 viewing the Fulfillment experience as 11603 07:24:50,120 --> 07:24:54,558 part of the their customer funnel cuz as 11604 07:24:52,638 --> 07:24:56,360 you have the the front end funnel 11605 07:24:54,558 --> 07:24:58,280 obviously like your paid ads your 11606 07:24:56,360 --> 07:25:00,080 collection page your product page to 11607 07:24:58,280 --> 07:25:00,840 that whole thing that we talk about but 11608 07:25:00,080 --> 07:25:02,600 then 11609 07:25:00,840 --> 07:25:05,318 as soon as somebody becomes a customer 11610 07:25:02,600 --> 07:25:08,478 they go from just a passive like browser 11611 07:25:05,318 --> 07:25:10,318 to a buyer a customer they then go into 11612 07:25:08,478 --> 07:25:12,840 your next funnel which is your LTV 11613 07:25:10,318 --> 07:25:15,000 funnel which is how do we maximize the 11614 07:25:12,840 --> 07:25:17,318 relationship with that person with like 11615 07:25:15,000 --> 07:25:19,478 emails and like our organic content 11616 07:25:17,318 --> 07:25:21,398 providing value but a big piece of that 11617 07:25:19,478 --> 07:25:23,558 is them actually getting the product and 11618 07:25:21,398 --> 07:25:25,478 having a great experience the first time 11619 07:25:23,558 --> 07:25:28,080 and a story I can share about this is 11620 07:25:25,478 --> 07:25:29,840 that we had a an email blast go out to 11621 07:25:28,080 --> 07:25:31,840 people where we were promoting like a 11622 07:25:29,840 --> 07:25:34,200 new sale like around the holidays it's 11623 07:25:31,840 --> 07:25:36,000 like a Black Friday sale and what we 11624 07:25:34,200 --> 07:25:37,600 hadn't realized is that we weren't 11625 07:25:36,000 --> 07:25:39,478 checking our order statuses and there 11626 07:25:37,600 --> 07:25:41,920 was something wrong with a lot of the 11627 07:25:39,478 --> 07:25:43,318 addresses that were being entered in 11628 07:25:41,920 --> 07:25:45,920 this was specific to International 11629 07:25:43,318 --> 07:25:47,600 customers but so we had a big batch of 11630 07:25:45,920 --> 07:25:48,878 people that were waiting on their order 11631 07:25:47,600 --> 07:25:52,440 they've been waiting longer than they 11632 07:25:48,878 --> 07:25:54,360 expected and then we blasted our whole 11633 07:25:52,440 --> 07:25:57,000 email list saying hey like here's a new 11634 07:25:54,360 --> 07:25:59,920 sale come check it out we got flooded 11635 07:25:57,000 --> 07:26:01,958 with messages of people saying Hey 11636 07:25:59,920 --> 07:26:04,318 where's my essentially like you 11637 07:26:01,958 --> 07:26:08,398 guys are promoting this new great sale 11638 07:26:04,318 --> 07:26:09,920 like great where's my product and so not 11639 07:26:08,398 --> 07:26:11,520 only did we get a bunch of refunds and 11640 07:26:09,920 --> 07:26:12,840 stuff but then all those people are now 11641 07:26:11,520 --> 07:26:14,360 pissed off no chance they're ever going 11642 07:26:12,840 --> 07:26:16,600 to buy from us again CU they don't trust 11643 07:26:14,360 --> 07:26:19,478 us and like we sent really good 11644 07:26:16,600 --> 07:26:21,798 follow-up emails apologized profusely 11645 07:26:19,478 --> 07:26:23,878 refunded anybody who like even remotely 11646 07:26:21,798 --> 07:26:25,798 asked for it so we like did damage 11647 07:26:23,878 --> 07:26:27,760 control as much as we could but it 11648 07:26:25,798 --> 07:26:31,080 definitely still had a huge impact on 11649 07:26:27,760 --> 07:26:32,398 the brand and if we had just done done 11650 07:26:31,080 --> 07:26:34,120 these things none of that would have 11651 07:26:32,398 --> 07:26:36,398 happened and the fifth fulfillment 11652 07:26:34,120 --> 07:26:38,478 mistake I see a lot of people making is 11653 07:26:36,398 --> 07:26:40,638 in not really optimizing the shipping 11654 07:26:38,478 --> 07:26:43,160 cost they're charging to their customers 11655 07:26:40,638 --> 07:26:44,920 and uh a lot of times just overcharging 11656 07:26:43,160 --> 07:26:46,280 because it's very easy to just see okay 11657 07:26:44,920 --> 07:26:48,240 I'm getting charged This Much by 11658 07:26:46,280 --> 07:26:51,200 printify or whoever I'm just going to 11659 07:26:48,240 --> 07:26:53,120 pass that directly to the customer and 11660 07:26:51,200 --> 07:26:56,160 when you're optimizing like your 11661 07:26:53,120 --> 07:26:58,440 checkout page the biggest dial mover 11662 07:26:56,160 --> 07:26:59,718 that you can have is your shipping cost 11663 07:26:58,440 --> 07:27:01,600 that's one of the biggest reasons that 11664 07:26:59,718 --> 07:27:03,160 people drop off at checkout is that they 11665 07:27:01,600 --> 07:27:04,718 don't realize how much they're going to 11666 07:27:03,160 --> 07:27:06,200 get charged for shipping and if you're 11667 07:27:04,718 --> 07:27:09,120 just passing there's a huge difference 11668 07:27:06,200 --> 07:27:11,718 in charging $3 or $4 for shipping 11669 07:27:09,120 --> 07:27:13,440 compared to $7 or $8 and so even if that 11670 07:27:11,718 --> 07:27:15,120 is your cost even if that's what you're 11671 07:27:13,440 --> 07:27:17,360 paying to printify on that order you 11672 07:27:15,120 --> 07:27:20,958 need to be optimizing like your pricing 11673 07:27:17,360 --> 07:27:22,638 strategy to and your shipping costs to 11674 07:27:20,958 --> 07:27:24,798 lower keep the shipping as low as 11675 07:27:22,638 --> 07:27:26,398 possible to your customer but at the 11676 07:27:24,798 --> 07:27:28,040 same time monitoring your cost of goods 11677 07:27:26,398 --> 07:27:29,680 to make sure you're not undercharging 11678 07:27:28,040 --> 07:27:31,878 the way we solved that problem in our 11679 07:27:29,680 --> 07:27:33,478 brand was charging slightly more for 11680 07:27:31,878 --> 07:27:35,840 each product so we could keep our 11681 07:27:33,478 --> 07:27:40,000 shipping cost at under a reasonable 11682 07:27:35,840 --> 07:27:42,760 amount um so like we charge about $4.95 11683 07:27:40,000 --> 07:27:46,160 for base shipping and then for orders 11684 07:27:42,760 --> 07:27:49,040 that are like $50 to $60 we charge uh$ 11685 07:27:46,160 --> 07:27:50,958 5.95 so it's like weight based and we 11686 07:27:49,040 --> 07:27:52,680 put that in the shipping cost so it says 11687 07:27:50,958 --> 07:27:56,360 like standard shipping for anyone who's 11688 07:27:52,680 --> 07:28:00,280 like under 50 uh it's $4.95 and then for 11689 07:27:56,360 --> 07:28:02,160 anybody who's 50 to 60 it's uh 5.95 and 11690 07:28:00,280 --> 07:28:05,120 then parenthesis it says 1B plus 11691 07:28:02,160 --> 07:28:06,920 shipping so that and doing that helped 11692 07:28:05,120 --> 07:28:09,558 maintain conversion rate got us an extra 11693 07:28:06,920 --> 07:28:11,080 dollar back in margin on those orders 11694 07:28:09,558 --> 07:28:12,160 but we weren't doing that for the 11695 07:28:11,080 --> 07:28:14,478 longest time because we were just 11696 07:28:12,160 --> 07:28:16,318 thinking oh we'll just pass whatever our 11697 07:28:14,478 --> 07:28:17,958 fulfillment or shipping cost is directly 11698 07:28:16,318 --> 07:28:20,280 to the customer those are some of the 11699 07:28:17,958 --> 07:28:21,760 biggest product and fulfillment mistakes 11700 07:28:20,280 --> 07:28:24,398 that I see beginners making and that I 11701 07:28:21,760 --> 07:28:26,478 made myself so that you can learn from 11702 07:28:24,398 --> 07:28:28,600 them and hopefully avoid some of them 11703 07:28:26,478 --> 07:28:30,798 and put that margin back in your pocket 11704 07:28:28,600 --> 07:28:31,810 and have a much happier customer at the 11705 07:28:30,798 --> 07:28:39,779 end of the 11706 07:28:31,810 --> 07:28:39,779 [Music] 11707 07:28:42,440 --> 07:28:47,080 day this module we're going to be going 11708 07:28:45,000 --> 07:28:49,120 over setting up and optimizing our 11709 07:28:47,080 --> 07:28:52,440 Shopify store so first off to give us a 11710 07:28:49,120 --> 07:28:54,760 10,000 ft view what is Shopify so 11711 07:28:52,440 --> 07:28:56,680 definition if you look it up is Shopify 11712 07:28:54,760 --> 07:28:58,878 is just a leading e-commerce platform 11713 07:28:56,680 --> 07:29:01,080 that allows individuals and businesses 11714 07:28:58,878 --> 07:29:03,318 to create customize their own online 11715 07:29:01,080 --> 07:29:05,280 stores and it's designed to provide 11716 07:29:03,318 --> 07:29:07,920 entrepreneurs with the tools needed to 11717 07:29:05,280 --> 07:29:09,958 launch grow and manage their online 11718 07:29:07,920 --> 07:29:12,718 businesses seamlessly basically it's 11719 07:29:09,958 --> 07:29:15,478 just like Legos building blocks for 11720 07:29:12,718 --> 07:29:17,160 making a website specifically e-commerce 11721 07:29:15,478 --> 07:29:19,120 and they're competitors like we've 11722 07:29:17,160 --> 07:29:21,318 talked about are wooc Commerce Magento 11723 07:29:19,120 --> 07:29:23,160 Wix but I've tried all of them and 11724 07:29:21,318 --> 07:29:25,040 Shopify is hands down the best and 11725 07:29:23,160 --> 07:29:27,798 easiest to work with and to clarify 11726 07:29:25,040 --> 07:29:30,600 again Shopify is not like Etsy Amazon 11727 07:29:27,798 --> 07:29:33,318 Redbubble those marketplaces because 11728 07:29:30,600 --> 07:29:35,958 those are marketplaces they're back to 11729 07:29:33,318 --> 07:29:37,638 the mall example Shopify is like 11730 07:29:35,958 --> 07:29:39,120 building our own Standalone store which 11731 07:29:37,638 --> 07:29:41,520 is what we're going for because we're 11732 07:29:39,120 --> 07:29:43,478 trying to build an actual brand so how 11733 07:29:41,520 --> 07:29:45,398 are we going to be using Shopify for 11734 07:29:43,478 --> 07:29:47,360 building our brand so it's going to be 11735 07:29:45,398 --> 07:29:49,240 our online storefront or the place that 11736 07:29:47,360 --> 07:29:51,080 our customers are able to come visit us 11737 07:29:49,240 --> 07:29:52,440 on the internet and buy from us so you 11738 07:29:51,080 --> 07:29:55,200 can think of it like our brick and 11739 07:29:52,440 --> 07:29:57,200 mortar storefront and our goal this is 11740 07:29:55,200 --> 07:29:58,920 important to understand is not to build 11741 07:29:57,200 --> 07:30:01,000 the most beautiful website we are not 11742 07:29:58,920 --> 07:30:04,680 going for aesthetic we are going for 11743 07:30:01,000 --> 07:30:06,798 conversions and the two are often times 11744 07:30:04,680 --> 07:30:10,318 mutually exclusive we want a website 11745 07:30:06,798 --> 07:30:12,440 that is clean Sleek vast and something 11746 07:30:10,318 --> 07:30:14,600 that builds trust with our customers we 11747 07:30:12,440 --> 07:30:16,240 don't care about wowing or impressing 11748 07:30:14,600 --> 07:30:18,520 our friends and family when they check 11749 07:30:16,240 --> 07:30:20,040 out our site like I don't care if it 11750 07:30:18,520 --> 07:30:22,958 looks like a fifth grade computer 11751 07:30:20,040 --> 07:30:25,240 science project as long as it converts 11752 07:30:22,958 --> 07:30:28,280 and this was something that I learned 11753 07:30:25,240 --> 07:30:31,080 early on after I invested tons and tons 11754 07:30:28,280 --> 07:30:32,798 of time into tweaking the colors and 11755 07:30:31,080 --> 07:30:34,360 making the best pictures from my website 11756 07:30:32,798 --> 07:30:36,280 until it was really pretty and I could 11757 07:30:34,360 --> 07:30:38,440 show everybody and think it was cool but 11758 07:30:36,280 --> 07:30:40,040 I had zero sales then I started running 11759 07:30:38,440 --> 07:30:42,478 ads and it converted like crap because 11760 07:30:40,040 --> 07:30:44,600 it was slow clunky just distracted 11761 07:30:42,478 --> 07:30:47,478 customers had way too many options 11762 07:30:44,600 --> 07:30:49,160 whereas now I go for the one the easiest 11763 07:30:47,478 --> 07:30:51,440 thing to set up so I can quickly get up 11764 07:30:49,160 --> 07:30:53,440 in testing and two something that 11765 07:30:51,440 --> 07:30:54,958 converts extremely well so our 11766 07:30:53,440 --> 07:30:57,160 step-by-step instructions we're going to 11767 07:30:54,958 --> 07:30:58,718 be using our checklist to go through 11768 07:30:57,160 --> 07:31:00,558 this Click by click we're going to 11769 07:30:58,718 --> 07:31:03,520 create our Shopify account then we're 11770 07:31:00,558 --> 07:31:05,280 going to optimize our store we're going 11771 07:31:03,520 --> 07:31:07,478 to set up our payment processors which 11772 07:31:05,280 --> 07:31:09,318 is our ability to actually collect 11773 07:31:07,478 --> 07:31:11,680 credit card payments from customers 11774 07:31:09,318 --> 07:31:13,680 we're going to go over our musthave apps 11775 07:31:11,680 --> 07:31:16,440 how do we set up discount codes and run 11776 07:31:13,680 --> 07:31:18,000 offers and giveaways for our customers 11777 07:31:16,440 --> 07:31:20,240 then how do we set up our printing or 11778 07:31:18,000 --> 07:31:22,638 fulfillment integration which we're 11779 07:31:20,240 --> 07:31:24,478 using printify but you can integrate 11780 07:31:22,638 --> 07:31:27,520 your Shopify store with any number of 11781 07:31:24,478 --> 07:31:30,160 different print providers or fulfillment 11782 07:31:27,520 --> 07:31:32,718 so like if you're doing a like source 11783 07:31:30,160 --> 07:31:35,440 products from China to from your 11784 07:31:32,718 --> 07:31:37,200 manufacturer to a warehouse you can hook 11785 07:31:35,440 --> 07:31:38,760 that up to your Shopify store or if 11786 07:31:37,200 --> 07:31:41,478 you're Drop Shipping you can hook that 11787 07:31:38,760 --> 07:31:43,280 up we just so happen in the scope of 11788 07:31:41,478 --> 07:31:44,920 this course to be using print on demand 11789 07:31:43,280 --> 07:31:46,638 the bottom line is that by the end of 11790 07:31:44,920 --> 07:31:49,160 this module we are going to have a fully 11791 07:31:46,638 --> 07:31:52,360 functional optimized Shopify store that 11792 07:31:49,160 --> 07:31:54,638 is up and ready to start taking orders 11793 07:31:52,360 --> 07:31:56,958 and that's part one part two is about 11794 07:31:54,638 --> 07:31:59,080 the optimization so part one is going to 11795 07:31:56,958 --> 07:32:01,318 be a lot of stepbystep Click by click 11796 07:31:59,080 --> 07:32:02,920 instructions walk through together I'm 11797 07:32:01,318 --> 07:32:05,440 going to be building my own store right 11798 07:32:02,920 --> 07:32:07,240 alongside you so you can know exactly 11799 07:32:05,440 --> 07:32:09,318 how to set things up then the second 11800 07:32:07,240 --> 07:32:11,920 part of this module is going to be kind 11801 07:32:09,318 --> 07:32:13,798 of the more ambiguous like lessons like 11802 07:32:11,920 --> 07:32:15,878 learning the best practices learning 11803 07:32:13,798 --> 07:32:18,240 about average order value optimization 11804 07:32:15,878 --> 07:32:20,958 conversion rate Mobile versus desktop 11805 07:32:18,240 --> 07:32:22,240 our site speed pricing psychology then 11806 07:32:20,958 --> 07:32:24,840 we're going to review some common 11807 07:32:22,240 --> 07:32:26,798 mistakes that I myself and a lot of 11808 07:32:24,840 --> 07:32:29,000 beginners have made and we're going to 11809 07:32:26,798 --> 07:32:31,440 explain how we can improve each of these 11810 07:32:29,000 --> 07:32:33,280 and how it applies to your business so 11811 07:32:31,440 --> 07:32:34,798 that when you look at your Shopify store 11812 07:32:33,280 --> 07:32:37,200 and you're able you're looking at your 11813 07:32:34,798 --> 07:32:39,318 metrics you're able to understand what 11814 07:32:37,200 --> 07:32:40,520 levers you have and where you should be 11815 07:32:39,318 --> 07:32:42,520 spending your time what you should be 11816 07:32:40,520 --> 07:32:44,718 focusing on and for your homework for 11817 07:32:42,520 --> 07:32:46,680 this module you should have made your 11818 07:32:44,718 --> 07:32:49,000 Shopify account gone through the basic 11819 07:32:46,680 --> 07:32:51,558 store setup along with this video edited 11820 07:32:49,000 --> 07:32:52,958 your Shopify notification emails to 11821 07:32:51,558 --> 07:32:55,160 match your brand voice which we're going 11822 07:32:52,958 --> 07:32:57,080 to cover created your Shopify theme 11823 07:32:55,160 --> 07:32:58,920 added your privacy policies terms of 11824 07:32:57,080 --> 07:33:01,080 service and integrated your payment 11825 07:32:58,920 --> 07:33:03,840 processors and and set up and tested a 11826 07:33:01,080 --> 07:33:05,360 discount and placed a test order so 11827 07:33:03,840 --> 07:33:06,100 without further Ado let's start setting 11828 07:33:05,360 --> 07:33:14,589 up our 11829 07:33:06,100 --> 07:33:14,589 [Music] 11830 07:33:17,200 --> 07:33:21,478 store now we're going to begin setting 11831 07:33:19,680 --> 07:33:23,760 up our Shopify store we're going to be 11832 07:33:21,478 --> 07:33:25,280 doing this by going Click by click 11833 07:33:23,760 --> 07:33:27,440 through the spreadsheet that we have 11834 07:33:25,280 --> 07:33:29,958 here that again is linked somewhere 11835 07:33:27,440 --> 07:33:32,840 around this video we like link all 11836 07:33:29,958 --> 07:33:34,080 resources and stuff under each lesson so 11837 07:33:32,840 --> 07:33:36,200 go check the links in the description 11838 07:33:34,080 --> 07:33:38,798 too to get started we're going to use 11839 07:33:36,200 --> 07:33:41,120 this link here free trial of Shopify 11840 07:33:38,798 --> 07:33:43,398 which full disclosure like I've already 11841 07:33:41,120 --> 07:33:45,240 mentioned is a affiliate link for us we 11842 07:33:43,398 --> 07:33:48,638 get a small commission has no impact to 11843 07:33:45,240 --> 07:33:52,760 you and by using this link you get a $1 11844 07:33:48,638 --> 07:33:59,080 trial to Shopify so what I'm going to do 11845 07:33:52,760 --> 07:33:59,080 is on the site type in our email address 11846 07:34:02,440 --> 07:34:06,680 and for any of you who are watching 11847 07:34:04,200 --> 07:34:08,760 closely you might have noticed that I 11848 07:34:06,680 --> 07:34:11,680 spelled I spelled the email wrong when I 11849 07:34:08,760 --> 07:34:15,000 set up the pry account so I changed that 11850 07:34:11,680 --> 07:34:19,398 no I did not mean whatever it's 11851 07:34:15,000 --> 07:34:19,398 suggesting password create Shopify 11852 07:34:19,600 --> 07:34:23,600 account save 11853 07:34:31,958 --> 07:34:38,600 what would you like to sell online 11854 07:34:35,120 --> 07:34:38,600 store I'm just 11855 07:34:39,160 --> 07:34:42,878 starting print on man 11856 07:34:47,430 --> 07:34:55,919 [Music] 11857 07:34:58,440 --> 07:35:02,000 products all right all right first thing 11858 07:35:00,520 --> 07:35:04,398 we're going to do this might be slightly 11859 07:35:02,000 --> 07:35:07,958 out of order but we're going to install 11860 07:35:04,398 --> 07:35:10,398 printify to uh link and pull in the 11861 07:35:07,958 --> 07:35:12,760 products that we already uploaded what 11862 07:35:10,398 --> 07:35:16,440 we just did is we installed the Shopify 11863 07:35:12,760 --> 07:35:18,080 or the printify app within Shopify and 11864 07:35:16,440 --> 07:35:21,120 then from the 11865 07:35:18,080 --> 07:35:22,878 main dashboard here so all the products 11866 07:35:21,120 --> 07:35:26,558 that we made here I'm going to select 11867 07:35:22,878 --> 07:35:28,718 all click copy to and then my store I'll 11868 07:35:26,558 --> 07:35:31,558 show that one more time so from our 11869 07:35:28,718 --> 07:35:33,360 printify dashboard board here go to my 11870 07:35:31,558 --> 07:35:36,280 products you have different stores here 11871 07:35:33,360 --> 07:35:39,040 which we'll talk about more later but we 11872 07:35:36,280 --> 07:35:42,398 added our products under my new 11873 07:35:39,040 --> 07:35:44,240 store and then we just do copy to and 11874 07:35:42,398 --> 07:35:45,718 then this is our new Shopify store that 11875 07:35:44,240 --> 07:35:47,958 we just 11876 07:35:45,718 --> 07:35:50,478 connected so while those are copying 11877 07:35:47,958 --> 07:35:53,798 we're going to go back over to Shopify 11878 07:35:50,478 --> 07:35:56,280 and just get a quick overview of the way 11879 07:35:53,798 --> 07:35:57,798 that it works it's fairly simple we'll 11880 07:35:56,280 --> 07:35:59,920 get the hang of it pretty quickly just 11881 07:35:57,798 --> 07:36:01,520 after a couple of hours of using it but 11882 07:35:59,920 --> 07:36:04,440 over here on the Le hand side is our 11883 07:36:01,520 --> 07:36:07,200 main menu or options where we can see 11884 07:36:04,440 --> 07:36:10,200 our orders our product uh our customer 11885 07:36:07,200 --> 07:36:14,160 list any uh our finances which is like 11886 07:36:10,200 --> 07:36:16,398 our payouts analytics marketing and 11887 07:36:14,160 --> 07:36:18,520 discounts and to give you the 8020 11888 07:36:16,398 --> 07:36:21,160 principle the options we're going to be 11889 07:36:18,520 --> 07:36:24,040 working with the most are the products 11890 07:36:21,160 --> 07:36:26,120 content I hardly ever touch finances I 11891 07:36:24,040 --> 07:36:29,200 check periodically like when we're 11892 07:36:26,120 --> 07:36:31,600 running a p&l and then analytics is the 11893 07:36:29,200 --> 07:36:32,878 page that we're going to be using by far 11894 07:36:31,600 --> 07:36:35,440 the 11895 07:36:32,878 --> 07:36:37,200 most and then online store is where 11896 07:36:35,440 --> 07:36:39,398 you're able to make a lot of changes to 11897 07:36:37,200 --> 07:36:41,840 like your theme and change the way that 11898 07:36:39,398 --> 07:36:41,840 your store 11899 07:36:42,638 --> 07:36:46,878 looks and then discounts is where you 11900 07:36:44,878 --> 07:36:49,360 can set up like your free shipping 11901 07:36:46,878 --> 07:36:51,718 coupons and discounts like that sort of 11902 07:36:49,360 --> 07:36:53,398 thing so now I'm going to select all of 11903 07:36:51,718 --> 07:36:56,240 them or actually I'm not going to 11904 07:36:53,398 --> 07:36:58,240 do we don't want the Bella 11905 07:36:56,240 --> 07:37:01,520 canvas I just did that one for an 11906 07:36:58,240 --> 07:37:01,520 example so I'm deleting those 11907 07:37:02,958 --> 07:37:07,318 selecting all of them which right now we 11908 07:37:04,440 --> 07:37:09,878 just have 10 Meg is working on uploading 11909 07:37:07,318 --> 07:37:12,558 the rest she's going to show you more of 11910 07:37:09,878 --> 07:37:16,600 that in her Section but for now I'm just 11911 07:37:12,558 --> 07:37:16,600 going to publish and 11912 07:37:17,520 --> 07:37:20,958 syncing all of 11913 07:37:21,878 --> 07:37:25,878 these all right so it's gives you the 11914 07:37:24,040 --> 07:37:28,520 option to sync different product details 11915 07:37:25,878 --> 07:37:31,120 here and it defaults to keep individual 11916 07:37:28,520 --> 07:37:32,318 product but we want to syn and select 11917 07:37:31,120 --> 07:37:35,878 all of these we're going to be changing 11918 07:37:32,318 --> 07:37:37,398 our mockups shortly but for now we just 11919 07:37:35,878 --> 07:37:40,878 leave it and the only one that I turn 11920 07:37:37,398 --> 07:37:42,558 off is tags and hit confirm all right 11921 07:37:40,878 --> 07:37:45,478 now back on track while those are 11922 07:37:42,558 --> 07:37:46,680 publishing so we got a little overview 11923 07:37:45,478 --> 07:37:49,160 and now we're going to go through step 11924 07:37:46,680 --> 07:37:51,840 by step and our Target goal of what 11925 07:37:49,160 --> 07:37:56,040 we're going to be setting up is a very 11926 07:37:51,840 --> 07:37:59,040 basic shop I store like this like we're 11927 07:37:56,040 --> 07:38:01,240 just going to have our collection page 11928 07:37:59,040 --> 07:38:04,600 our product 11929 07:38:01,240 --> 07:38:06,200 page and like check out cart that sort 11930 07:38:04,600 --> 07:38:09,080 of stuff like Bare Bones we're not going 11931 07:38:06,200 --> 07:38:13,080 to be building 11932 07:38:09,080 --> 07:38:15,000 like a gym shark looking website by any 11933 07:38:13,080 --> 07:38:18,398 means we're just going 11934 07:38:15,000 --> 07:38:20,600 for short to the point converts really 11935 07:38:18,398 --> 07:38:22,318 well that's our goal to make this even 11936 07:38:20,600 --> 07:38:24,760 easier on ourselves just going to bring 11937 07:38:22,318 --> 07:38:26,398 it up side by side with our spreadsheet 11938 07:38:24,760 --> 07:38:28,280 so the first thing we're doing is our 11939 07:38:26,398 --> 07:38:32,398 basic account setup just following right 11940 07:38:28,280 --> 07:38:32,398 along go to our 11941 07:38:33,280 --> 07:38:36,718 settings then 11942 07:38:39,520 --> 07:38:43,398 payments complete account 11943 07:38:44,440 --> 07:38:50,080 setup submit details so this is where if 11944 07:38:47,878 --> 07:38:51,878 you've filed an LLC which I highly 11945 07:38:50,080 --> 07:38:54,398 recommend if you've opened one then 11946 07:38:51,878 --> 07:38:57,478 you're going to select LLC and then you 11947 07:38:54,398 --> 07:39:00,240 enter your EIN number and your business 11948 07:38:57,478 --> 07:39:02,160 address and it's important to be aware 11949 07:39:00,240 --> 07:39:03,558 that this business address that you see 11950 07:39:02,160 --> 07:39:06,000 here is going to show up on your 11951 07:39:03,558 --> 07:39:07,280 customer's credit card statements so you 11952 07:39:06,000 --> 07:39:08,558 want to make sure that it's an address 11953 07:39:07,280 --> 07:39:10,840 that you're comfortable with people 11954 07:39:08,558 --> 07:39:13,080 seeing if you if this is like your home 11955 07:39:10,840 --> 07:39:16,558 address or apartment wherever you live I 11956 07:39:13,080 --> 07:39:18,760 recommend uh opening up a PO Box instead 11957 07:39:16,558 --> 07:39:22,120 all right so I entered all of the 11958 07:39:18,760 --> 07:39:23,120 personal details Ein now down to 11959 07:39:22,120 --> 07:39:29,280 business 11960 07:39:23,120 --> 07:39:29,280 category we are clothing and accessories 11961 07:39:30,160 --> 07:39:38,040 uh family clo it really doesn't matter 11962 07:39:33,878 --> 07:39:38,040 graphic t-shirts 11963 07:39:39,240 --> 07:39:45,240 hoodies tank tops and other 11964 07:39:43,160 --> 07:39:47,798 apparel that really doesn't matter 11965 07:39:45,240 --> 07:39:50,240 that's just for their records statement 11966 07:39:47,798 --> 07:39:52,478 descriptor this is what when a customer 11967 07:39:50,240 --> 07:39:54,638 checks out and they charge make a 11968 07:39:52,478 --> 07:39:56,600 purchase this will show up on their card 11969 07:39:54,638 --> 07:39:58,920 so what name do you want them to see 11970 07:39:56,600 --> 07:40:01,080 basically then the phone number down to 11971 07:39:58,920 --> 07:40:02,440 this step up here enter your business 11972 07:40:01,080 --> 07:40:04,000 phone number so you don't want to enter 11973 07:40:02,440 --> 07:40:07,040 your personal phone number I've made 11974 07:40:04,000 --> 07:40:09,040 that mistake in the past and your phone 11975 07:40:07,040 --> 07:40:11,240 will just get blown up with calls from 11976 07:40:09,040 --> 07:40:14,280 people so what we're going to do is set 11977 07:40:11,240 --> 07:40:15,370 up a Google 11978 07:40:14,280 --> 07:40:18,390 Voice 11979 07:40:15,370 --> 07:40:18,390 [Music] 11980 07:40:18,958 --> 07:40:25,160 number save for business get started and 11981 07:40:22,120 --> 07:40:26,478 this is just a lowc cost monthly 11982 07:40:25,160 --> 07:40:28,840 subscription where it'll basically 11983 07:40:26,478 --> 07:40:30,718 generate a phone number for us that 11984 07:40:28,840 --> 07:40:33,160 anytime somebody calls it or texts it it 11985 07:40:30,718 --> 07:40:35,718 will send us an email to whatever email 11986 07:40:33,160 --> 07:40:35,718 address we give 11987 07:40:48,638 --> 07:40:51,638 it 11988 07:40:55,120 --> 07:41:00,360 Oh Google's gotten sneaky with this I 11989 07:40:57,920 --> 07:41:01,760 selected the $10 month one but it's 11990 07:41:00,360 --> 07:41:04,360 defaulting to that so I'm just going to 11991 07:41:01,760 --> 07:41:04,360 have to change 11992 07:41:08,958 --> 07:41:15,160 that set up 11993 07:41:11,398 --> 07:41:15,160 voice let's get set 11994 07:41:28,240 --> 07:41:33,360 up the United 11995 07:41:31,000 --> 07:41:36,240 States 11996 07:41:33,360 --> 07:41:40,520 location I entered that information now 11997 07:41:36,240 --> 07:41:40,520 I'm going to assign a number 11998 07:42:09,798 --> 07:42:13,040 reviewing the information 11999 07:42:19,878 --> 07:42:22,878 confirm 12000 07:42:24,798 --> 07:42:28,680 skip great okay so now we have our 12001 07:42:27,240 --> 07:42:32,000 Google Voice account set up I'm just 12002 07:42:28,680 --> 07:42:35,080 going to save that to our bookmarks bar 12003 07:42:32,000 --> 07:42:37,000 all right that's cool we can also call 12004 07:42:35,080 --> 07:42:39,958 people if we really wanted to we don't 12005 07:42:37,000 --> 07:42:42,638 want to do that but all right calling as 12006 07:42:39,958 --> 07:42:48,280 302 just going to paste that in I'm also 12007 07:42:42,638 --> 07:42:48,280 going to save this info to a notepad 12008 07:43:02,280 --> 07:43:05,200 so far we have 12009 07:43:06,760 --> 07:43:11,520 our support email and now we have our 12010 07:43:09,440 --> 07:43:13,280 phone number I'm just saving that to 12011 07:43:11,520 --> 07:43:15,080 make our lives 12012 07:43:13,280 --> 07:43:19,200 easier guess we're going to need it 12013 07:43:15,080 --> 07:43:19,200 again so now submit for 12014 07:43:19,558 --> 07:43:26,920 verification I'm going to turn on twep 12015 07:43:22,798 --> 07:43:29,478 authentication to do this you can either 12016 07:43:26,920 --> 07:43:31,440 do the text message version or you can 12017 07:43:29,478 --> 07:43:34,440 use an authenticator app they're all 12018 07:43:31,440 --> 07:43:36,280 free you just go to the App Store and 12019 07:43:34,440 --> 07:43:40,200 search for it basically what this does 12020 07:43:36,280 --> 07:43:42,840 is it generates a authentication number 12021 07:43:40,200 --> 07:43:45,080 for you anytime you try to log 12022 07:43:42,840 --> 07:43:48,040 in and this is to prevent your account 12023 07:43:45,080 --> 07:43:50,360 from getting hacked seasonal collections 12024 07:43:48,040 --> 07:43:54,520 Shopify and then they also give you 12025 07:43:50,360 --> 07:43:56,080 recovery codes in case your 12026 07:43:54,520 --> 07:43:59,080 authentication app doesn't work for some 12027 07:43:56,080 --> 07:43:59,080 reason 12028 07:44:16,440 --> 07:44:20,798 okay so we added the business phone 12029 07:44:18,318 --> 07:44:23,240 number now banking information we'll be 12030 07:44:20,798 --> 07:44:26,080 able to do that once our account gets 12031 07:44:23,240 --> 07:44:28,718 verified next we're going to go to the 12032 07:44:26,080 --> 07:44:31,120 checkout page set up our shipping 12033 07:44:28,718 --> 07:44:36,000 address address phone number so we're 12034 07:44:31,120 --> 07:44:36,000 going to go to settings check 12035 07:44:36,040 --> 07:44:40,120 out and we're just going through setting 12036 07:44:38,520 --> 07:44:42,840 up all these settings and like the 12037 07:44:40,120 --> 07:44:44,280 backend red tape stuff that normally you 12038 07:44:42,840 --> 07:44:47,920 don't figure out until like months down 12039 07:44:44,280 --> 07:44:47,920 the road we're setting it all up up 12040 07:44:48,120 --> 07:44:54,120 front so you can trust that everything's 12041 07:44:50,520 --> 07:44:58,080 done properly the right way all right so 12042 07:44:54,120 --> 07:44:58,080 shipping address phone number 12043 07:44:59,240 --> 07:45:04,600 oh okay company name op don't include 12044 07:45:02,040 --> 07:45:04,600 address 12045 07:45:04,680 --> 07:45:11,200 optional make that 12046 07:45:06,958 --> 07:45:11,200 optional email 12047 07:45:11,680 --> 07:45:17,318 pre-selected show tipping you can turn 12048 07:45:14,958 --> 07:45:19,440 this on and let people tip your Shopify 12049 07:45:17,318 --> 07:45:21,920 store I don't really believe in the 12050 07:45:19,440 --> 07:45:23,440 whole tipping culture thing but I tried 12051 07:45:21,920 --> 07:45:25,080 it at one point and people actually did 12052 07:45:23,440 --> 07:45:27,200 it a surprising amount but I turned it 12053 07:45:25,080 --> 07:45:29,878 off cuz it just feels weird like I'm not 12054 07:45:27,200 --> 07:45:32,360 I don't deserve a tip for running a shop 12055 07:45:29,878 --> 07:45:34,638 store at least that's my view on it 12056 07:45:32,360 --> 07:45:36,638 address collection is shipping add 12057 07:45:34,638 --> 07:45:40,040 validate 12058 07:45:36,638 --> 07:45:42,718 yep so did that send a Bandon checkout 12059 07:45:40,040 --> 07:45:42,718 automatically 12060 07:45:45,478 --> 07:45:50,878 fulfill yeah automatically fill only the 12061 07:45:48,240 --> 07:45:53,120 gift cards okay pixels we're going to 12062 07:45:50,878 --> 07:45:57,920 set that up next I think we skip 12063 07:45:53,120 --> 07:45:57,920 something abandoned checkout emails 12064 07:45:59,318 --> 07:46:04,718 oh I think they moved 12065 07:46:01,120 --> 07:46:06,398 this so banon checkout is not on emails 12066 07:46:04,718 --> 07:46:09,958 is not 12067 07:46:06,398 --> 07:46:10,718 on the checkout page anymore now I bet 12068 07:46:09,958 --> 07:46:13,718 it's 12069 07:46:10,718 --> 07:46:13,718 under 12070 07:46:21,680 --> 07:46:27,360 automations yeah so we need to upgrade 12071 07:46:23,878 --> 07:46:30,240 our plan which I'm going to do that you 12072 07:46:27,360 --> 07:46:32,240 can keep going going with the trial but 12073 07:46:30,240 --> 07:46:35,478 go with that me personally I want to be 12074 07:46:32,240 --> 07:46:37,120 able to set up our abandoned card emails 12075 07:46:35,478 --> 07:46:39,680 and that sort of thing and connect our 12076 07:46:37,120 --> 07:46:41,718 custom domain otherwise people are going 12077 07:46:39,680 --> 07:46:43,360 to have to navigate to a weird domain in 12078 07:46:41,718 --> 07:46:45,680 order to visit our site we don't want 12079 07:46:43,360 --> 07:46:48,318 that so I'm going to go ahead and 12080 07:46:45,680 --> 07:46:51,638 complete the purchase of this all right 12081 07:46:48,318 --> 07:46:54,280 so I upgraded I'm going to go to 12082 07:46:51,638 --> 07:47:00,120 marketing 12083 07:46:54,280 --> 07:47:00,120 automations turn on abandoned cart 12084 07:47:12,600 --> 07:47:15,798 and turn on abandoned 12085 07:47:21,958 --> 07:47:27,840 checkout we'll come back to those in a 12086 07:47:24,280 --> 07:47:31,798 little bit but for now 12087 07:47:27,840 --> 07:47:31,798 that let's just see what 12088 07:47:33,478 --> 07:47:39,558 they're yeah so those are good for now 12089 07:47:36,318 --> 07:47:42,760 okay next we're setting up our 12090 07:47:39,558 --> 07:47:44,718 domain so to set up our domain assuming 12091 07:47:42,760 --> 07:47:47,718 it hasn't moved we're going to 12092 07:47:44,718 --> 07:47:47,718 settings 12093 07:47:48,520 --> 07:47:53,080 domain and connect existing 12094 07:47:53,840 --> 07:47:59,478 domain seasonal collections. Cod next 12095 07:48:03,080 --> 07:48:09,920 so the way to link it is we have to add 12096 07:48:06,160 --> 07:48:12,200 a record showing that basically we have 12097 07:48:09,920 --> 07:48:17,920 proof of this domain so we're doing 12098 07:48:12,200 --> 07:48:22,638 exactly what it says here type text 12099 07:48:17,920 --> 07:48:27,718 name Shopify verification value 12100 07:48:22,638 --> 07:48:30,520 this TTL leave it hit 12101 07:48:27,718 --> 07:48:33,600 save continue and verify and it's 12102 07:48:30,520 --> 07:48:35,878 sending an email with verification 12103 07:48:33,600 --> 07:48:38,360 code as a side note I don't know what 12104 07:48:35,878 --> 07:48:40,680 GoDaddy does but very ironically their 12105 07:48:38,360 --> 07:48:43,000 emails take forever to send don't be 12106 07:48:40,680 --> 07:48:45,120 surprised if it takes five seven minutes 12107 07:48:43,000 --> 07:48:47,478 to receive the 12108 07:48:45,120 --> 07:48:51,000 code yeah for frame reference it just 12109 07:48:47,478 --> 07:48:54,920 took like 8 minutes for it to be 12110 07:48:51,000 --> 07:48:57,638 sent so finally got the domain set up 12111 07:48:54,920 --> 07:49:00,878 you can see seasonal collections. is set 12112 07:48:57,638 --> 07:49:03,398 as the primary for the store now if we 12113 07:49:00,878 --> 07:49:07,200 go to that domain it'll just say opening 12114 07:49:03,398 --> 07:49:10,440 soon but pretty cool our site is now 12115 07:49:07,200 --> 07:49:11,920 live and you can navigate to it we're 12116 07:49:10,440 --> 07:49:13,558 going to leave this site up and actually 12117 07:49:11,920 --> 07:49:14,718 run it so you can go check it out as 12118 07:49:13,558 --> 07:49:17,280 we're building it it's probably going to 12119 07:49:14,718 --> 07:49:18,840 look different than this at the time of 12120 07:49:17,280 --> 07:49:21,280 you watching it if everything goes 12121 07:49:18,840 --> 07:49:23,200 according to plan so let's keep moving 12122 07:49:21,280 --> 07:49:26,200 right along so we connected the domain 12123 07:49:23,200 --> 07:49:31,120 next we're going to go to our 12124 07:49:26,200 --> 07:49:31,120 branding which go to settings and 12125 07:49:33,840 --> 07:49:39,280 brand and this is where we can add our 12126 07:49:36,798 --> 07:49:41,440 logos so the square logo I wanted to use 12127 07:49:39,280 --> 07:49:41,440 this 12128 07:49:43,680 --> 07:49:49,840 one and then our colors we're just going 12129 07:49:47,160 --> 07:49:51,878 to use the same colors as before so I'm 12130 07:49:49,840 --> 07:49:54,360 going to go back to that chat gbt 12131 07:49:51,878 --> 07:49:59,280 conversation get the hex 12132 07:49:54,360 --> 07:49:59,280 codes we have our Orange 12133 07:50:02,120 --> 07:50:04,680 secondary 12134 07:50:06,798 --> 07:50:12,840 colors there we go now I'm going to come 12135 07:50:09,360 --> 07:50:16,600 up with a slogan this just as a filler 12136 07:50:12,840 --> 07:50:16,600 right now I'm 12137 07:50:19,318 --> 07:50:29,760 up with a slogan for 12138 07:50:24,160 --> 07:50:29,760 seasonal collections Peril brand 12139 07:50:40,558 --> 07:50:43,120 I like this 12140 07:50:44,080 --> 07:50:53,160 one so add that as my 12141 07:50:47,478 --> 07:50:55,600 slogan write a short description of the 12142 07:50:53,160 --> 07:50:59,080 brand we're going to be revisiting all 12143 07:50:55,600 --> 07:51:02,160 this stuff later on this is just 12144 07:50:59,080 --> 07:51:02,160 placeholder stuff for 12145 07:51:03,638 --> 07:51:10,160 now there we go save now let's go back 12146 07:51:06,600 --> 07:51:13,478 to our spreadsheet so we added our 12147 07:51:10,160 --> 07:51:16,080 logo now we're going to do our policies 12148 07:51:13,478 --> 07:51:17,200 so to navigate to that we go down to 12149 07:51:16,080 --> 07:51:20,558 settings 12150 07:51:17,200 --> 07:51:20,558 again and 12151 07:51:22,200 --> 07:51:29,200 policies and we can just generate from 12152 07:51:24,520 --> 07:51:29,200 the templates and 12153 07:51:36,120 --> 07:51:42,120 let's put today's date which today is 12154 07:51:39,120 --> 07:51:42,120 4 12155 07:51:44,478 --> 07:51:47,718 5-24 our 12156 07:51:48,240 --> 07:51:51,920 TOS operated 12157 07:51:56,558 --> 07:52:01,240 by and if you go to 12158 07:51:59,280 --> 07:52:03,200 the school group and into the classroom 12159 07:52:01,240 --> 07:52:05,280 we're going to have our own templat so 12160 07:52:03,200 --> 07:52:07,958 you can copy and paste contact 12161 07:52:05,280 --> 07:52:07,958 information 12162 07:52:15,920 --> 07:52:19,638 create 12163 07:52:17,440 --> 07:52:25,080 seasonal 12164 07:52:19,638 --> 07:52:25,080 collections put our Google Voice number 12165 07:52:49,840 --> 07:52:54,200 here we go we'll talk more about like 12166 07:52:52,520 --> 07:52:57,240 the strategy behind our policies and 12167 07:52:54,200 --> 07:53:00,200 stuff later and we already did this 12168 07:52:57,240 --> 07:53:03,240 portion so we connect Ed our printify 12169 07:53:00,200 --> 07:53:06,318 account signed into it copied the 12170 07:53:03,240 --> 07:53:08,360 products to our Shopify store and now we 12171 07:53:06,318 --> 07:53:10,680 just have to no actually we already 12172 07:53:08,360 --> 07:53:12,878 published them so they should be if 12173 07:53:10,680 --> 07:53:15,440 everything went according to plan yep 12174 07:53:12,878 --> 07:53:16,638 our designs are officially live in the 12175 07:53:15,440 --> 07:53:17,878 store now we're going to remove the 12176 07:53:16,638 --> 07:53:20,280 password from the store so we can 12177 07:53:17,878 --> 07:53:23,040 actually take a look at it and see how 12178 07:53:20,280 --> 07:53:24,798 things are looking so far and to remove 12179 07:53:23,040 --> 07:53:26,798 the password from your store you just go 12180 07:53:24,798 --> 07:53:29,200 to online 12181 07:53:26,798 --> 07:53:32,240 store then you have to add a business 12182 07:53:29,200 --> 07:53:34,440 address so I'm going to fill this in 12183 07:53:32,240 --> 07:53:38,318 quickly and then after you enter that 12184 07:53:34,440 --> 07:53:41,000 information you can remove the password 12185 07:53:38,318 --> 07:53:41,000 and view your 12186 07:53:41,040 --> 07:53:46,040 store and there we go so this is what 12187 07:53:43,718 --> 07:53:48,520 we're working with so far so obviously 12188 07:53:46,040 --> 07:53:50,280 we have some changes to make but 12189 07:53:48,520 --> 07:53:53,680 honestly it's not as much work as you 12190 07:53:50,280 --> 07:53:57,478 might think since we have all of it 12191 07:53:53,680 --> 07:53:57,478 mapped out right here 12192 07:54:00,200 --> 07:54:03,798 we're going to leave the product editing 12193 07:54:01,840 --> 07:54:05,200 section for Meg to show you but she's 12194 07:54:03,798 --> 07:54:06,080 going to show you how in bulk you're 12195 07:54:05,200 --> 07:54:10,000 able to 12196 07:54:06,080 --> 07:54:11,638 change all the names of your products 12197 07:54:10,000 --> 07:54:14,718 all the prices all that kind of good 12198 07:54:11,638 --> 07:54:17,240 stuff so what we're going to do is start 12199 07:54:14,718 --> 07:54:19,680 editing the layout and design of our 12200 07:54:17,240 --> 07:54:23,080 store so we're going to go 12201 07:54:19,680 --> 07:54:23,080 to theme 12202 07:54:23,360 --> 07:54:30,318 settings just online store and then 12203 07:54:27,318 --> 07:54:34,000 customize we're using the dawn theme 12204 07:54:30,318 --> 07:54:37,638 which there's a whole theme like store 12205 07:54:34,000 --> 07:54:39,718 that you can um buy like custom themes 12206 07:54:37,638 --> 07:54:41,520 that are couple hundred bucks a lot of 12207 07:54:39,718 --> 07:54:44,080 the free themes though are work 12208 07:54:41,520 --> 07:54:46,920 perfectly fine so we're just going to be 12209 07:54:44,080 --> 07:54:48,680 using the dawn theme you can always 12210 07:54:46,920 --> 07:54:50,160 change that later and buy a different 12211 07:54:48,680 --> 07:54:52,160 theme if there's one that you like more 12212 07:54:50,160 --> 07:54:54,878 but honestly the most important levers 12213 07:54:52,160 --> 07:54:56,878 for us to be pulling our uh like our 12214 07:54:54,878 --> 07:54:58,878 product catalog and basically rebuilding 12215 07:54:56,878 --> 07:55:01,120 the exact store that I've 12216 07:54:58,878 --> 07:55:02,638 made a bunch of times and know that it 12217 07:55:01,120 --> 07:55:05,638 converts really 12218 07:55:02,638 --> 07:55:09,478 well we're going to set up our first 12219 07:55:05,638 --> 07:55:11,000 collection so products Collections and 12220 07:55:09,478 --> 07:55:13,440 this is how we're able to organize all 12221 07:55:11,000 --> 07:55:15,798 of our products within our store so that 12222 07:55:13,440 --> 07:55:18,718 it's easy for our customers to navigate 12223 07:55:15,798 --> 07:55:20,080 to so we're going to create a collection 12224 07:55:18,718 --> 07:55:23,000 of all of our 12225 07:55:20,080 --> 07:55:25,080 products so go to collections create 12226 07:55:23,000 --> 07:55:28,080 collection title The Collection all 12227 07:55:25,080 --> 07:55:28,080 products 12228 07:55:29,680 --> 07:55:34,440 then we're going to make it an automated 12229 07:55:31,520 --> 07:55:35,398 collection and set it to product type is 12230 07:55:34,440 --> 07:55:38,478 equal 12231 07:55:35,398 --> 07:55:41,000 to t-shirt so that's just going to add 12232 07:55:38,478 --> 07:55:42,878 all of our t-shirt products as they get 12233 07:55:41,000 --> 07:55:46,000 synced from printify it's going to get 12234 07:55:42,878 --> 07:55:46,000 automatically added to our 12235 07:55:47,200 --> 07:55:52,080 store publish it to all those we don't 12236 07:55:50,200 --> 07:55:54,280 need an image and we can just do the 12237 07:55:52,080 --> 07:55:55,760 default so that's pretty much it you 12238 07:55:54,280 --> 07:55:58,000 don't really have to put any kind of 12239 07:55:55,760 --> 07:55:59,040 description later on I'll put something 12240 07:55:58,000 --> 07:56:01,520 like 12241 07:55:59,040 --> 07:56:06,280 like 12242 07:56:01,520 --> 07:56:07,958 th000 plus happy customers something 12243 07:56:06,280 --> 07:56:10,080 along those lines but we don't need 12244 07:56:07,958 --> 07:56:13,080 anything there for 12245 07:56:10,080 --> 07:56:15,638 now so we're just going to save 12246 07:56:13,080 --> 07:56:17,920 that and then we're going to view the 12247 07:56:15,638 --> 07:56:20,878 collection and now all of our products 12248 07:56:17,920 --> 07:56:20,878 have been pulled into this 12249 07:56:21,000 --> 07:56:25,000 collection and we'll talk about later 12250 07:56:23,000 --> 07:56:28,478 how you can create other collections 12251 07:56:25,000 --> 07:56:30,318 like by Design type or collection theme 12252 07:56:28,478 --> 07:56:33,718 like when's good times to do that but 12253 07:56:30,318 --> 07:56:35,200 for now just one collection gets us 80% 12254 07:56:33,718 --> 07:56:38,360 of the way 12255 07:56:35,200 --> 07:56:41,240 there now we're going to go over to the 12256 07:56:38,360 --> 07:56:44,120 theme editor so in theme editor first 12257 07:56:41,240 --> 07:56:47,798 thing we're going to do 12258 07:56:44,120 --> 07:56:47,798 is expand 12259 07:56:48,160 --> 07:56:52,798 this so to familiarize ourselves with 12260 07:56:50,958 --> 07:56:55,478 the theme editor first so we have the 12261 07:56:52,798 --> 07:56:57,798 sections which this is where we can like 12262 07:56:55,478 --> 07:57:01,000 add different section blocks if we 12263 07:56:57,798 --> 07:57:04,478 wanted to if we wanted to add like an 12264 07:57:01,000 --> 07:57:07,200 Instagram feed or feature a specific 12265 07:57:04,478 --> 07:57:09,440 product or show customer reviews or get 12266 07:57:07,200 --> 07:57:12,798 people to join our email sign up list we 12267 07:57:09,440 --> 07:57:15,040 just click that and it adds a new block 12268 07:57:12,798 --> 07:57:17,478 and then this block you can just click 12269 07:57:15,040 --> 07:57:20,000 and drag to different sections on the 12270 07:57:17,478 --> 07:57:22,318 website it's pretty simple but 12271 07:57:20,000 --> 07:57:24,520 remembering what I said earlier that one 12272 07:57:22,318 --> 07:57:26,360 of the slipperiest slopes to get on when 12273 07:57:24,520 --> 07:57:28,878 we're starting out is just getting 12274 07:57:26,360 --> 07:57:31,520 caught up in tweaking and optimizing 12275 07:57:28,878 --> 07:57:33,360 this stuff endlessly there's so many 12276 07:57:31,520 --> 07:57:35,398 different things we can do what we're 12277 07:57:33,360 --> 07:57:38,840 going through is setting up like the 12278 07:57:35,398 --> 07:57:40,360 8020 principle like basically everything 12279 07:57:38,840 --> 07:57:41,638 that you need to know everything that we 12280 07:57:40,360 --> 07:57:43,878 need to do in order for you to be 12281 07:57:41,638 --> 07:57:47,000 confident that the site will convert at 12282 07:57:43,878 --> 07:57:49,240 least decently well and when we go to 12283 07:57:47,000 --> 07:57:51,200 launch ads we can hone in and like 12284 07:57:49,240 --> 07:57:52,680 eliminate the site setup as one of the 12285 07:57:51,200 --> 07:57:54,440 variables that we need to be tweaking 12286 07:57:52,680 --> 07:57:56,520 and 12287 07:57:54,440 --> 07:57:58,798 changing all right so we go to the 12288 07:57:56,520 --> 07:58:02,360 header bar and then edit your logo in 12289 07:57:58,798 --> 07:58:05,840 theme settings so select which logo we 12290 07:58:02,360 --> 07:58:08,280 want to use do that 12291 07:58:05,840 --> 07:58:10,958 one that should pop up right there 12292 07:58:08,280 --> 07:58:14,120 that's a little small so I'm going 12293 07:58:10,958 --> 07:58:16,798 to increase the size of that there we go 12294 07:58:14,120 --> 07:58:19,200 that looks better then see how it looks 12295 07:58:16,798 --> 07:58:22,798 on mobile that looks 12296 07:58:19,200 --> 07:58:25,318 nice and then our favicon 12297 07:58:22,798 --> 07:58:30,040 image which we already 12298 07:58:25,318 --> 07:58:30,040 made in canva before 12299 07:58:31,840 --> 07:58:39,398 now if we save that go to our 12300 07:58:36,040 --> 07:58:41,958 store see how now it's the little 12301 07:58:39,398 --> 07:58:44,398 favicon it's pretty cool now we're going 12302 07:58:41,958 --> 07:58:48,600 to update our colors 12303 07:58:44,398 --> 07:58:52,040 so can close the logos go to Colors we 12304 07:58:48,600 --> 07:58:52,040 can just do scheme 12305 07:58:52,160 --> 07:58:58,520 one and in this spreadsheet I give us 12306 07:58:56,840 --> 07:59:00,680 all of the colors that we're going to be 12307 07:58:58,520 --> 07:59:02,240 using some of these might have changed 12308 07:59:00,680 --> 07:59:05,398 like the wording might have changed 12309 07:59:02,240 --> 07:59:07,398 slightly but that's okay it's okay if 12310 07:59:05,398 --> 07:59:09,680 it's not exact we're going to figure out 12311 07:59:07,398 --> 07:59:12,080 as we go primary colors solid button 12312 07:59:09,680 --> 07:59:16,680 label 12313 07:59:12,080 --> 07:59:18,760 FFF got it accent one so yeah they they 12314 07:59:16,680 --> 07:59:19,878 changed the wording slightly now solid 12315 07:59:18,760 --> 07:59:23,718 button 12316 07:59:19,878 --> 07:59:23,718 background is accent 12317 07:59:27,040 --> 07:59:31,280 one don't need a gradient yeah actually 12318 07:59:29,600 --> 07:59:32,520 we can just leave all the rest of these 12319 07:59:31,280 --> 07:59:36,280 the same so we're just 12320 07:59:32,520 --> 07:59:38,798 changing that to be green we'll talk 12321 07:59:36,280 --> 07:59:41,638 about this more in like the conceptual 12322 07:59:38,798 --> 07:59:44,798 lessons but we're doing color isolation 12323 07:59:41,638 --> 07:59:46,718 which what that means is we're isolating 12324 07:59:44,798 --> 07:59:49,798 the call to action button with a color 12325 07:59:46,718 --> 07:59:52,200 that doesn't appear anywhere else on the 12326 07:59:49,798 --> 07:59:54,600 store so when customers see it their 12327 07:59:52,200 --> 07:59:59,040 eyes are really like drawn to it so our 12328 07:59:54,600 --> 07:59:59,040 text we want to make that black 12329 07:59:59,280 --> 08:00:03,200 and these colors and stuff that we're 12330 08:00:00,798 --> 08:00:06,120 choosing it's not like an exact science 12331 08:00:03,200 --> 08:00:07,798 it doesn't need to be identical to this 12332 08:00:06,120 --> 08:00:10,280 just the general principles is what 12333 08:00:07,798 --> 08:00:13,080 we're trying to knock out all right 12334 08:00:10,280 --> 08:00:15,920 typography headings assistant yep we can 12335 08:00:13,080 --> 08:00:19,120 just leave that font as 12336 08:00:15,920 --> 08:00:20,478 is layout page width let's see if we 12337 08:00:19,120 --> 08:00:21,558 need to make any changes to this page 12338 08:00:20,478 --> 08:00:24,398 width 12339 08:00:21,558 --> 08:00:28,398 1200 space between section 12340 08:00:24,398 --> 08:00:31,080 zero horizontal space 8 and eight yep 12341 08:00:28,398 --> 08:00:31,080 animations we 12342 08:00:31,600 --> 08:00:37,120 can just 12343 08:00:33,478 --> 08:00:42,520 leave okay the buttons buttons border 12344 08:00:37,120 --> 08:00:43,520 thickness one good opacity 100 good 12345 08:00:42,520 --> 08:00:46,558 Corner 12346 08:00:43,520 --> 08:00:48,000 radius set the two so that rounds the 12347 08:00:46,558 --> 08:00:49,958 edges a little 12348 08:00:48,000 --> 08:00:51,840 bit actually let's see what a little bit 12349 08:00:49,958 --> 08:00:55,520 more looks 12350 08:00:51,840 --> 08:00:55,520 like it's a little bit 12351 08:00:56,920 --> 08:01:01,360 much four looks nice but I'll just go 12352 08:01:00,360 --> 08:01:07,240 with 12353 08:01:01,360 --> 08:01:07,240 two keep it simple Shadow opacity 12354 08:01:08,958 --> 08:01:12,638 15% so that's going to put a little 12355 08:01:10,958 --> 08:01:13,920 Shadow behind the button make it pop a 12356 08:01:12,638 --> 08:01:18,080 little bit 12357 08:01:13,920 --> 08:01:19,920 more then horizontal offset 2 pixels 12358 08:01:18,080 --> 08:01:24,558 it's going to move the shadow slightly 12359 08:01:19,920 --> 08:01:27,360 vertical offset four blur five leaving 12360 08:01:24,558 --> 08:01:30,398 those the same all right variant pills 12361 08:01:27,360 --> 08:01:30,398 so that's the these up 12362 08:01:33,440 --> 08:01:40,878 here so thickness one opacity 55 Corner 12363 08:01:37,878 --> 08:01:40,878 radius 12364 08:01:46,040 --> 08:01:52,878 40 capacity 5% on the shadow so that 12365 08:01:49,840 --> 08:01:55,878 gives these a little Shadow up there 12366 08:01:52,878 --> 08:01:55,878 horizontal offset 12367 08:01:56,080 --> 08:02:01,360 two vertical four blur five so all those 12368 08:02:00,520 --> 08:02:06,200 are 12369 08:02:01,360 --> 08:02:09,958 good now inputs these are the fields 12370 08:02:06,200 --> 08:02:14,120 when uh a user is typing in something 12371 08:02:09,958 --> 08:02:14,120 we're just changing the corner radius to 12372 08:02:21,318 --> 08:02:26,160 40 and we'll see what that does in a 12373 08:02:23,478 --> 08:02:30,440 second on the checkout page product 12374 08:02:26,160 --> 08:02:33,798 cards which this is is on the collection 12375 08:02:30,440 --> 08:02:39,160 page what these are going to look 12376 08:02:33,798 --> 08:02:39,160 like so product cards style 12377 08:02:41,040 --> 08:02:48,638 card text alignment 12378 08:02:44,840 --> 08:02:52,718 left color scheme background 12379 08:02:48,638 --> 08:02:52,718 two color scheme two 12380 08:02:56,000 --> 08:03:01,200 cool border thickness 12381 08:02:58,398 --> 08:03:04,200 zero 12382 08:03:01,200 --> 08:03:04,200 opacity 12383 08:03:09,240 --> 08:03:14,280 100% Corner radius 20 12384 08:03:42,798 --> 08:03:47,798 Shadow 12385 08:03:43,878 --> 08:03:47,798 5% make it pop a little 12386 08:03:47,878 --> 08:03:52,080 bit horizontal offset 12387 08:03:53,878 --> 08:04:00,440 10 vertical offset 12388 08:03:56,398 --> 08:04:02,280 four blur five now collection cards 12389 08:04:00,440 --> 08:04:03,878 basically just repeating the same thing 12390 08:04:02,280 --> 08:04:06,040 okay so I just recorded going through 12391 08:04:03,878 --> 08:04:07,240 all these settings and something 12392 08:04:06,040 --> 08:04:09,360 happened with the file so I'm just going 12393 08:04:07,240 --> 08:04:12,878 to go through it again but basically all 12394 08:04:09,360 --> 08:04:16,318 that we're doing is copying the settings 12395 08:04:12,878 --> 08:04:20,558 that are on the spreadsheet here and 12396 08:04:16,318 --> 08:04:23,638 just doing them exactly as is so we did 12397 08:04:20,558 --> 08:04:25,478 our typography and colors next we're 12398 08:04:23,638 --> 08:04:29,080 doing uh our 12399 08:04:25,478 --> 08:04:33,040 layout which these say exactly the same 12400 08:04:29,080 --> 08:04:35,120 layout animations leave the same buttons 12401 08:04:33,040 --> 08:04:37,040 you can copy these settings that you see 12402 08:04:35,120 --> 08:04:38,600 here this probably actually makes it 12403 08:04:37,040 --> 08:04:40,840 even easier so you can just copy right 12404 08:04:38,600 --> 08:04:42,878 from my screen so you want these 12405 08:04:40,840 --> 08:04:46,638 settings for your buttons you can pause 12406 08:04:42,878 --> 08:04:48,440 it there if you need to do that buttons 12407 08:04:46,638 --> 08:04:50,798 then variant 12408 08:04:48,440 --> 08:04:53,200 pills and copy these settings I'll let 12409 08:04:50,798 --> 08:04:53,200 you pause 12410 08:04:53,798 --> 08:04:59,638 it and then inputs so variant pills to 12411 08:04:57,240 --> 08:05:03,240 explain it it quickly 12412 08:04:59,638 --> 08:05:06,280 is these things here so if I were to 12413 08:05:03,240 --> 08:05:08,680 crank that up this will get really 12414 08:05:06,280 --> 08:05:10,520 big just so you know what it is that 12415 08:05:08,680 --> 08:05:12,520 we're 12416 08:05:10,520 --> 08:05:14,558 changing and all the changes that we're 12417 08:05:12,520 --> 08:05:17,080 making right now is just based around 12418 08:05:14,558 --> 08:05:19,520 how do we make it a clean visually 12419 08:05:17,080 --> 08:05:22,600 pleasing experience for the 12420 08:05:19,520 --> 08:05:27,080 user so we added a little bit of Shadow 12421 08:05:22,600 --> 08:05:30,080 next are inputs which our inputs are on 12422 08:05:27,080 --> 08:05:32,798 the checkout page with 12423 08:05:30,080 --> 08:05:34,040 this if we Crank that up these will get 12424 08:05:32,798 --> 08:05:36,120 really 12425 08:05:34,040 --> 08:05:39,398 big or maybe it doesn't do it on the 12426 08:05:36,120 --> 08:05:43,000 checkout page it's just on other pages 12427 08:05:39,398 --> 08:05:46,160 but anyway leave those 12428 08:05:43,000 --> 08:05:48,840 settings product cards copy these 12429 08:05:46,160 --> 08:05:50,760 settings and then collection cards you 12430 08:05:48,840 --> 08:05:52,080 can copy these settings and again I'm 12431 08:05:50,760 --> 08:05:53,680 just going to go quickly through this 12432 08:05:52,080 --> 08:05:56,240 because there's a lot of other stuff for 12433 08:05:53,680 --> 08:05:59,000 us to set up so if you need to pause it 12434 08:05:56,240 --> 08:06:00,240 go ahead and do that next blog cards we 12435 08:05:59,000 --> 08:06:02,798 don't change anything there because we 12436 08:06:00,240 --> 08:06:05,760 don't really use it at all content 12437 08:06:02,798 --> 08:06:10,360 containers I don't think we really 12438 08:06:05,760 --> 08:06:14,200 changed anything here media these 12439 08:06:10,360 --> 08:06:14,200 settings drop downs and 12440 08:06:15,080 --> 08:06:21,878 popups then our drawers which that's the 12441 08:06:18,440 --> 08:06:23,638 cart version that we're using badges put 12442 08:06:21,878 --> 08:06:25,680 it in the top left and adjust the corner 12443 08:06:23,638 --> 08:06:28,280 radius to 20 and then change it to these 12444 08:06:25,680 --> 08:06:30,878 color schemes brand information we don't 12445 08:06:28,280 --> 08:06:33,478 have to do anything with that right now 12446 08:06:30,878 --> 08:06:36,478 social media will'll set up later search 12447 08:06:33,478 --> 08:06:39,958 Behavior you can leave it as that 12448 08:06:36,478 --> 08:06:44,558 currency format show currency 12449 08:06:39,958 --> 08:06:44,558 codes then cart we're doing the 12450 08:06:46,200 --> 08:06:50,840 drawer close that and then onto our 12451 08:06:49,520 --> 08:06:53,000 checkout 12452 08:06:50,840 --> 08:06:55,558 page which this is an important one that 12453 08:06:53,000 --> 08:06:57,398 a lot of people will miss making changes 12454 08:06:55,558 --> 08:07:00,120 to because it's unless they go through 12455 08:06:57,398 --> 08:07:02,440 like like a specific training like this 12456 08:07:00,120 --> 08:07:05,200 cuz it's you don't really see it unless 12457 08:07:02,440 --> 08:07:09,558 you place a test order so our background 12458 08:07:05,200 --> 08:07:13,318 color that's that over there our 12459 08:07:09,558 --> 08:07:16,200 typography we can just leave as the 12460 08:07:13,318 --> 08:07:19,398 same then for our colors we want to 12461 08:07:16,200 --> 08:07:21,240 change our logo position 12462 08:07:19,398 --> 08:07:23,200 to 12463 08:07:21,240 --> 08:07:25,280 Center where is it oh it's in the 12464 08:07:23,200 --> 08:07:28,360 checkout 12465 08:07:25,280 --> 08:07:30,798 page checkout Center 12466 08:07:28,360 --> 08:07:33,200 there we go and that looks better on 12467 08:07:30,798 --> 08:07:33,200 mobile 12468 08:07:34,920 --> 08:07:39,000 too okay logo size 12469 08:07:39,558 --> 08:07:45,120 medium yep don't ever do like a 12470 08:07:42,638 --> 08:07:46,798 background image unless you're hiring a 12471 08:07:45,120 --> 08:07:49,080 designer cuz that'll really throw off 12472 08:07:46,798 --> 08:07:51,478 the conversion rate form fields White 12473 08:07:49,080 --> 08:07:53,200 which that's these here background image 12474 08:07:51,478 --> 08:07:57,798 again don't touch 12475 08:07:53,200 --> 08:07:57,798 that background color 12476 08:08:03,240 --> 08:08:11,558 heading system body system accent color 12477 08:08:07,478 --> 08:08:11,558 accents just copy paste 12478 08:08:12,638 --> 08:08:15,638 these 12479 08:08:16,280 --> 08:08:21,040 buttons so we're making the button on 12480 08:08:19,200 --> 08:08:23,840 and this is the piece that I meant that 12481 08:08:21,040 --> 08:08:25,440 most people Miss is we want our call to 12482 08:08:23,840 --> 08:08:27,680 action buttons to be the same exact 12483 08:08:25,440 --> 08:08:31,040 color all the way through so now our 12484 08:08:27,680 --> 08:08:33,840 button here is the same color as as 12485 08:08:31,040 --> 08:08:37,160 before wow they just added this back so 12486 08:08:33,840 --> 08:08:40,280 a while back like months ago Shopify M 12487 08:08:37,160 --> 08:08:41,840 forced everybody onto using a one-page 12488 08:08:40,280 --> 08:08:44,680 checkout they said it's 12489 08:08:41,840 --> 08:08:46,878 recommended and they switched it from 12490 08:08:44,680 --> 08:08:48,360 three page checkout which is what it was 12491 08:08:46,878 --> 08:08:50,200 on before and they didn't give us this 12492 08:08:48,360 --> 08:08:52,718 option and our conversion rate plummeted 12493 08:08:50,200 --> 08:08:55,680 overnight cuz our Facebook pixel and 12494 08:08:52,718 --> 08:09:00,718 everything was optimized for three page 12495 08:08:55,680 --> 08:09:03,040 so that's funny all right colors for our 12496 08:09:00,718 --> 08:09:06,920 errors 12497 08:09:03,040 --> 08:09:09,398 there there we go now we have a nice 12498 08:09:06,920 --> 08:09:11,760 looking checkout page something else I 12499 08:09:09,398 --> 08:09:14,120 played around with is making these 12500 08:09:11,760 --> 08:09:15,878 accent colors like gray so it doesn't 12501 08:09:14,120 --> 08:09:18,240 stand out as much and so that this just 12502 08:09:15,878 --> 08:09:22,600 pops out even more so now let's take a 12503 08:09:18,240 --> 08:09:22,600 look at how our store is shaping 12504 08:09:23,958 --> 08:09:27,958 up good 12505 08:09:28,398 --> 08:09:32,318 okay I'm going to make some changes to 12506 08:09:30,958 --> 08:09:34,240 actually let's see if it's on the 12507 08:09:32,318 --> 08:09:37,240 spreadsheet oh yeah we still have a 12508 08:09:34,240 --> 08:09:39,600 bunch more okay so homepage all right 12509 08:09:37,240 --> 08:09:42,000 now we're going to optimize or set up 12510 08:09:39,600 --> 08:09:45,160 our homepage so first thing we're going 12511 08:09:42,000 --> 08:09:47,638 to do is in the theme editor we're going 12512 08:09:45,160 --> 08:09:51,360 to go to the announcement 12513 08:09:47,638 --> 08:09:53,360 bar and we're going to change the text 12514 08:09:51,360 --> 08:09:58,680 to say free shipping on 12515 08:09:53,360 --> 08:10:02,798 orders over a certain dollar amount 12516 08:09:58,680 --> 08:10:02,798 free Shi it and we're going to do 12517 08:10:15,240 --> 08:10:20,240 75 we going to make it that color you 12518 08:10:18,240 --> 08:10:22,638 can also make it red or green or 12519 08:10:20,240 --> 08:10:25,200 whatever this one's not color is not 12520 08:10:22,638 --> 08:10:30,280 that crucial now we're going to add a 12521 08:10:25,200 --> 08:10:32,878 banner and we're just going to grab a 12522 08:10:30,280 --> 08:10:36,958 stock photo here let's see if there's 12523 08:10:32,878 --> 08:10:36,958 actually a good one that we can just 12524 08:10:37,120 --> 08:10:43,160 use so there we go okay explore let's do 12525 08:10:45,120 --> 08:10:51,160 spring yeah 12526 08:10:48,318 --> 08:10:53,360 no 12527 08:10:51,160 --> 08:10:55,120 this and this really doesn't matter that 12528 08:10:53,360 --> 08:10:58,600 much because we're driving all of our 12529 08:10:55,120 --> 08:11:02,920 traffic to the collection page not 12530 08:10:58,600 --> 08:11:06,360 to the homepage okay so that's 12531 08:11:02,920 --> 08:11:09,520 fine and then I'm going to change this 12532 08:11:06,360 --> 08:11:13,958 text to just say our brand 12533 08:11:09,520 --> 08:11:18,398 name seasonal collections there we 12534 08:11:13,958 --> 08:11:18,398 go Banner height I'm going to make that 12535 08:11:19,958 --> 08:11:25,280 Medium change that to be in the middle 12536 08:11:28,760 --> 08:11:34,040 make our brand name 12537 08:11:31,040 --> 08:11:34,040 bold 12538 08:11:35,638 --> 08:11:41,360 buttons don't want it to be outlined I 12539 08:11:38,040 --> 08:11:44,360 want it to be solid okay that's fine 12540 08:11:41,360 --> 08:11:44,360 it's not the prettiest 12541 08:11:44,600 --> 08:11:50,200 but okay so add logo to header it's 12542 08:11:47,840 --> 08:11:51,440 already there add feature product 12543 08:11:50,200 --> 08:11:53,638 section to 12544 08:11:51,440 --> 08:11:57,120 homepage already there so we have our 12545 08:11:53,638 --> 08:11:57,120 featured collection 12546 08:12:01,120 --> 08:12:06,080 going to change this to our all products 12547 08:12:03,360 --> 08:12:09,280 collection so that's it's basically the 12548 08:12:06,080 --> 08:12:09,280 same thing but that's the one 12549 08:12:10,680 --> 08:12:16,280 that so we can switch it to a carousel 12550 08:12:13,160 --> 08:12:19,200 if we want I'm just going to leave as is 12551 08:12:16,280 --> 08:12:21,840 make our product card 12552 08:12:19,200 --> 08:12:23,878 square and the reason for that is we 12553 08:12:21,840 --> 08:12:25,398 especially on mobile we want it to we 12554 08:12:23,878 --> 08:12:28,440 don't want it to take up a ton of space 12555 08:12:25,398 --> 08:12:30,958 by being vertical a number of column to 12556 08:12:28,440 --> 08:12:34,398 enable swipe on mobile doesn't matter on 12557 08:12:30,958 --> 08:12:36,280 car yep all right I'm going to save that 12558 08:12:34,398 --> 08:12:39,718 nothing sucks more than going through a 12559 08:12:36,280 --> 08:12:42,240 bunch of changes and then it and then it 12560 08:12:39,718 --> 08:12:43,878 doesn't save for some reason all right 12561 08:12:42,240 --> 08:12:45,318 so collection Pages this is the one that 12562 08:12:43,878 --> 08:12:48,440 we actually care about but we've already 12563 08:12:45,318 --> 08:12:50,280 done most of the stylizing before so 12564 08:12:48,440 --> 08:12:52,160 there's not a ton here so collection 12565 08:12:50,280 --> 08:12:55,000 Pages we want to set the number of 12566 08:12:52,160 --> 08:12:58,840 products per 12567 08:12:55,000 --> 08:13:02,840 page oh here we go okay so product 12568 08:12:58,840 --> 08:13:04,440 grid so number of products per page 16 12569 08:13:02,840 --> 08:13:05,958 good we don't want to do a ton because 12570 08:13:04,440 --> 08:13:08,878 we don't want our site speed to be 12571 08:13:05,958 --> 08:13:11,718 really slow and if the site has to load 12572 08:13:08,878 --> 08:13:13,360 like 25 products that takes a lot longer 12573 08:13:11,718 --> 08:13:16,840 than less 12574 08:13:13,360 --> 08:13:19,520 products show second image on Hover no 12575 08:13:16,840 --> 08:13:22,440 that slows down the site 12576 08:13:19,520 --> 08:13:26,798 speed show vendor show product ratings 12577 08:13:22,440 --> 08:13:26,798 yes but we don't have any right now 12578 08:13:28,920 --> 08:13:33,920 oh I said yes originally I'm going to 12579 08:13:30,798 --> 08:13:36,920 turn that off make that no we've tested 12580 08:13:33,920 --> 08:13:38,680 that a lot since then show vendor no 12581 08:13:36,920 --> 08:13:41,240 show product rating no until we get 12582 08:13:38,680 --> 08:13:44,120 ratings enable quick ad button this one 12583 08:13:41,240 --> 08:13:47,760 you can play around with there's no 12584 08:13:44,120 --> 08:13:47,760 exact answer for 12585 08:13:49,798 --> 08:13:54,478 this there we go starting to look good 12586 08:13:53,080 --> 08:13:56,478 and all of our product stuff again is 12587 08:13:54,478 --> 08:13:57,718 going to get changed later okay so 12588 08:13:56,478 --> 08:13:59,718 that's the collection 12589 08:13:57,718 --> 08:14:02,080 Pages let's make sure there's nothing 12590 08:13:59,718 --> 08:14:02,080 else 12591 08:14:07,240 --> 08:14:14,718 here page with mobile cool on to our 12592 08:14:12,398 --> 08:14:14,718 product 12593 08:14:18,398 --> 08:14:25,080 pages all right desktop media width 12594 08:14:22,080 --> 08:14:25,080 medium 12595 08:14:29,398 --> 08:14:33,718 so that's changing the size of the 12596 08:14:30,920 --> 08:14:34,878 images there constrain media to screen 12597 08:14:33,718 --> 08:14:38,840 height 12598 08:14:34,878 --> 08:14:38,840 sure media fit 12599 08:14:39,160 --> 08:14:43,718 Square okay they got rid of that so 12600 08:14:41,478 --> 08:14:45,680 original it is desktop layout thumbnail 12601 08:14:43,718 --> 08:14:47,600 Carousel this is an important one we 12602 08:14:45,680 --> 08:14:51,280 don't want it to show all of these 12603 08:14:47,600 --> 08:14:55,440 images here we want it to 12604 08:14:51,280 --> 08:14:58,558 do the thumbnail carel so now it just 12605 08:14:55,440 --> 08:15:01,878 shows them like this 12606 08:14:58,558 --> 08:15:05,238 desktop media position left image 12607 08:15:01,878 --> 08:15:05,238 Zoom no 12608 08:15:10,280 --> 08:15:15,080 Zoom so that's changing if somebody 12609 08:15:12,600 --> 08:15:15,080 clicks on 12610 08:15:16,360 --> 08:15:22,280 it if it'll zoom in or or not I 12611 08:15:19,680 --> 08:15:25,120 typically just leave it off because most 12612 08:15:22,280 --> 08:15:27,798 people are on mobile where it's already 12613 08:15:25,120 --> 08:15:29,878 like full screen for them so it won't 12614 08:15:27,798 --> 08:15:33,040 really change anything and it's just an 12615 08:15:29,878 --> 08:15:37,200 extra element that the site has to load 12616 08:15:33,040 --> 08:15:39,760 so mobile layout hide thumbnails so I'll 12617 08:15:37,200 --> 08:15:41,200 show you what that looks like show 12618 08:15:39,760 --> 08:15:43,920 thumbnails so then they can cycle 12619 08:15:41,200 --> 08:15:47,478 through it we'll talk a lot about mobile 12620 08:15:43,920 --> 08:15:49,200 optimizing but I think we want that off 12621 08:15:47,478 --> 08:15:50,840 I think we have that off on our store 12622 08:15:49,200 --> 08:15:54,760 we'll leave it on for 12623 08:15:50,840 --> 08:15:58,200 now yes definitely want that 12624 08:15:54,760 --> 08:16:00,798 on hi to the variant me yes delete the 12625 08:15:58,200 --> 08:16:00,798 text 12626 08:16:01,478 --> 08:16:05,840 section oh 12627 08:16:08,160 --> 08:16:14,280 this variant picker 12628 08:16:11,398 --> 08:16:16,440 type drop down all right so we're doing 12629 08:16:14,280 --> 08:16:18,398 drop down we'll talk about how you can 12630 08:16:16,440 --> 08:16:20,520 set up swatches so you can see what the 12631 08:16:18,398 --> 08:16:21,920 color looks like in a little button but 12632 08:16:20,520 --> 08:16:24,440 for now we just want to take up the 12633 08:16:21,920 --> 08:16:28,238 least amount of space possible Swatch 12634 08:16:24,440 --> 08:16:31,040 none drop down 12635 08:16:28,238 --> 08:16:34,080 and quantity 12636 08:16:31,040 --> 08:16:36,200 selector you want to turn that off 12637 08:16:34,080 --> 08:16:39,360 reason being is that most people are 12638 08:16:36,200 --> 08:16:41,680 only buying one of the same shirt like 12639 08:16:39,360 --> 08:16:44,478 it's very rare that somebody will buy 12640 08:16:41,680 --> 08:16:47,520 multiple of the same design same size 12641 08:16:44,478 --> 08:16:49,200 and same color so we just turn that off 12642 08:16:47,520 --> 08:16:50,600 because we don't want to have anything 12643 08:16:49,200 --> 08:16:52,558 that we can remove from the page it's 12644 08:16:50,600 --> 08:16:56,040 not adding value we want to take that 12645 08:16:52,558 --> 08:16:57,840 away okay now we're going to set up our 12646 08:16:56,040 --> 08:17:01,160 collapsible r 12647 08:16:57,840 --> 08:17:03,920 so these are like our product 12648 08:17:01,160 --> 08:17:05,798 details highest quality and then we're 12649 08:17:03,920 --> 08:17:09,440 looking for the 12650 08:17:05,798 --> 08:17:09,440 T-shirt the shirt 12651 08:17:10,360 --> 08:17:15,958 icon 12652 08:17:12,120 --> 08:17:19,600 nice another collapsible 12653 08:17:15,958 --> 08:17:19,600 row this one 12654 08:17:20,798 --> 08:17:27,718 is all orders ship in 5 to 7 days and 12655 08:17:25,398 --> 08:17:30,000 the reason we're doing this is is to 12656 08:17:27,718 --> 08:17:33,080 give people like we're adding 12657 08:17:30,000 --> 08:17:35,440 collapsible like content fields for the 12658 08:17:33,080 --> 08:17:36,680 main pain points or like questions that 12659 08:17:35,440 --> 08:17:39,878 somebody has when they're deciding 12660 08:17:36,680 --> 08:17:43,040 whether they want to buy from a 12661 08:17:39,878 --> 08:17:46,680 place which is just the quality can I 12662 08:17:43,040 --> 08:17:48,680 trust it how fast is it going to take uh 12663 08:17:46,680 --> 08:17:51,160 to get to me so we address all those 12664 08:17:48,680 --> 08:17:51,160 things up 12665 08:17:51,840 --> 08:17:56,718 front returns are free and easy 12666 08:18:07,318 --> 08:18:11,000 return collapsible 12667 08:18:16,798 --> 08:18:24,318 row 30-day guarantee with 12668 08:18:21,318 --> 08:18:24,318 a 12669 08:18:25,000 --> 08:18:28,718 heart nice 12670 08:18:34,318 --> 08:18:39,160 and you can fill these in with you can 12671 08:18:36,520 --> 08:18:41,398 add descriptions about your products 12672 08:18:39,160 --> 08:18:44,638 we're going to set that up later but for 12673 08:18:41,398 --> 08:18:44,638 now that's a good starting 12674 08:18:54,558 --> 08:19:00,440 point Can't customize the price it all 12675 08:18:58,238 --> 08:19:03,798 title variant 12676 08:19:00,440 --> 08:19:06,398 Pickers buy button this is something you 12677 08:19:03,798 --> 08:19:09,160 can test out like there's different 12678 08:19:06,398 --> 08:19:11,440 ideas around it but the dynamic checkout 12679 08:19:09,160 --> 08:19:14,558 button this is going to change from see 12680 08:19:11,440 --> 08:19:16,680 how the add toart button goes from green 12681 08:19:14,558 --> 08:19:19,160 to Black that's because this Buy It Now 12682 08:19:16,680 --> 08:19:21,120 button will automatically change to 12683 08:19:19,160 --> 08:19:23,280 whatever payment meth method the 12684 08:19:21,120 --> 08:19:25,160 customer who's checking out has like if 12685 08:19:23,280 --> 08:19:27,600 it detects it in their browser they have 12686 08:19:25,160 --> 08:19:30,958 Apple pay it'll change to Apple pay 12687 08:19:27,600 --> 08:19:32,840 which is good for like ease of checking 12688 08:19:30,958 --> 08:19:34,798 out like you'll see a slightly higher 12689 08:19:32,840 --> 08:19:37,920 conversion rate but the downside to it 12690 08:19:34,798 --> 08:19:40,398 is that it takes them immediately to 12691 08:19:37,920 --> 08:19:42,478 check out whereas what we'd like to see 12692 08:19:40,398 --> 08:19:44,238 is them add to cart and then continue 12693 08:19:42,478 --> 08:19:45,318 shopping and build up a bigger cart 12694 08:19:44,238 --> 08:19:47,160 rather than just checking out 12695 08:19:45,318 --> 08:19:51,558 immediately but you can play around with 12696 08:19:47,160 --> 08:19:51,558 that and then we're going to add related 12697 08:19:54,360 --> 08:19:58,638 products customers also 12698 08:20:04,840 --> 08:20:08,798 but don't show second 12699 08:20:09,718 --> 08:20:15,558 image there we go yeah all right that's 12700 08:20:12,878 --> 08:20:19,840 good so as you can see it's very basic 12701 08:20:15,558 --> 08:20:19,840 oh actually let's clean this 12702 08:20:21,238 --> 08:20:27,120 up footer enable follow on shop no that 12703 08:20:25,280 --> 08:20:31,160 is Shopify trying to get free 12704 08:20:27,120 --> 08:20:34,160 advertising off of us enable that yeah 12705 08:20:31,160 --> 08:20:35,638 payment icons yep show policy links I'm 12706 08:20:34,160 --> 08:20:38,798 pretty sure we have to I'm not sure why 12707 08:20:35,638 --> 08:20:42,200 they don't have that on there and we can 12708 08:20:38,798 --> 08:20:42,200 turn off the powered by 12709 08:20:45,680 --> 08:20:50,958 Shopify show email sign up 12710 08:20:55,318 --> 08:21:00,238 no cool 12711 08:20:57,280 --> 08:21:01,520 so there we have it it's very basic 12712 08:21:00,238 --> 08:21:04,558 we're going to be updating this 12713 08:21:01,520 --> 08:21:07,680 description soon but yeah it's looking 12714 08:21:04,558 --> 08:21:10,558 good for now Bare Bones it's all you 12715 08:21:07,680 --> 08:21:12,760 need I would love to get rid of that 12716 08:21:10,558 --> 08:21:14,318 Shopify pay installments thing cuz 12717 08:21:12,760 --> 08:21:16,638 that's just taking up really valuable 12718 08:21:14,318 --> 08:21:19,360 real estate but we can solve that later 12719 08:21:16,638 --> 08:21:22,000 all right so now we're going to go back 12720 08:21:19,360 --> 08:21:23,440 and create our other Pages we going to 12721 08:21:22,000 --> 08:21:27,798 go to 12722 08:21:23,440 --> 08:21:27,798 Pages add page 12723 08:21:28,238 --> 08:21:30,680 about 12724 08:21:35,600 --> 08:21:41,000 us and they just added this but it's 12725 08:21:37,760 --> 08:21:45,318 generative AI for like text basically 12726 08:21:41,000 --> 08:21:49,558 just if you had chat GPT in here write 12727 08:21:45,318 --> 08:21:52,478 a an about us page 12728 08:21:49,558 --> 08:21:55,958 for seasonal 12729 08:21:52,478 --> 08:21:57,878 collections graphic apparel print on 12730 08:21:55,958 --> 08:22:00,000 demand 12731 08:21:57,878 --> 08:22:03,040 brand never actually tried this so let's 12732 08:22:00,000 --> 08:22:03,040 see what it comes up 12733 08:22:07,200 --> 08:22:16,000 with perfect good enough save let's 12734 08:22:11,680 --> 08:22:16,000 see let's go to seasonal 12735 08:22:24,080 --> 08:22:29,398 collections yeah perfect all right that 12736 08:22:27,040 --> 08:22:29,398 makes it 12737 08:22:32,520 --> 08:22:38,120 easy update our preferences or actually 12738 08:22:35,600 --> 08:22:38,120 do we have 12739 08:22:38,280 --> 08:22:45,238 this yeah so these are good site 12740 08:22:43,238 --> 08:22:48,520 navigation leave 12741 08:22:45,238 --> 08:22:48,520 page main 12742 08:22:49,718 --> 08:22:53,558 menu so we're going to have 12743 08:22:54,840 --> 08:23:00,558 home shop 12744 08:22:57,920 --> 08:23:04,080 which is going to take them to 12745 08:23:00,558 --> 08:23:06,638 our all products collection shop then 12746 08:23:04,080 --> 08:23:06,638 about 12747 08:23:09,760 --> 08:23:13,600 us about us 12748 08:23:16,398 --> 08:23:19,878 add and 12749 08:23:23,920 --> 08:23:27,478 contact let's see what this is linked to 12750 08:23:26,318 --> 08:23:28,718 yeah yeah it's already linked to our 12751 08:23:27,478 --> 08:23:30,318 contact page 12752 08:23:28,718 --> 08:23:33,080 beautiful 12753 08:23:30,318 --> 08:23:35,798 beautiful all right now we're going to 12754 08:23:33,080 --> 08:23:38,798 go to preferences this is changing like 12755 08:23:35,798 --> 08:23:40,920 the metadata like if somebody shares say 12756 08:23:38,798 --> 08:23:43,600 you know how if you text a friend a link 12757 08:23:40,920 --> 08:23:45,160 to a website or something it shows up 12758 08:23:43,600 --> 08:23:47,318 with a little preview of it that's what 12759 08:23:45,160 --> 08:23:47,318 this 12760 08:23:48,318 --> 08:23:54,520 is homepage meta description seasonal 12761 08:23:52,280 --> 08:23:58,360 graphic 12762 08:23:54,520 --> 08:23:58,360 apparel now I need to do better 12763 08:23:58,558 --> 08:24:07,878 that so we go over to trusty chat GPT 12764 08:24:02,558 --> 08:24:10,040 write a 300 character homepage meta 12765 08:24:07,878 --> 08:24:15,000 description 12766 08:24:10,040 --> 08:24:21,318 for seasonal collections 12767 08:24:15,000 --> 08:24:21,318 a graphic apparel company 12768 08:24:30,840 --> 08:24:35,200 mention shopping 12769 08:24:33,478 --> 08:24:40,920 high 12770 08:24:35,200 --> 08:24:43,120 quality Unique Designs at great 12771 08:24:40,920 --> 08:24:45,080 prices we're going to talk a lot about 12772 08:24:43,120 --> 08:24:47,080 like the buyer and like marketing 12773 08:24:45,080 --> 08:24:48,600 psychology but the main reasons that 12774 08:24:47,080 --> 08:24:51,360 people are buying t-shirts that they get 12775 08:24:48,600 --> 08:24:54,000 hit with in ads is for impulse buys and 12776 08:24:51,360 --> 08:24:55,718 that comes down to Quality price 12777 08:24:54,000 --> 08:24:57,318 uniqueness it's like pretty 12778 08:24:55,718 --> 08:25:00,120 straightforward 12779 08:24:57,318 --> 08:25:02,600 it's like the least complex selling 12780 08:25:00,120 --> 08:25:04,680 possible so here's our Google analytics 12781 08:25:02,600 --> 08:25:08,600 and Facebook pixels we're going to do 12782 08:25:04,680 --> 08:25:08,600 that later customer 12783 08:25:13,718 --> 08:25:18,840 privacy there it is customer 12784 08:25:16,558 --> 08:25:21,120 privacy update 12785 08:25:18,840 --> 08:25:23,878 that the last 12786 08:25:21,120 --> 08:25:26,478 thing one of the last things is setting 12787 08:25:23,878 --> 08:25:29,478 up remember we set up our free shipping 12788 08:25:26,478 --> 08:25:31,600 in the bar we are going to actually do 12789 08:25:29,478 --> 08:25:34,558 that free 12790 08:25:31,600 --> 08:25:38,280 shipping 75 all countries going to set 12791 08:25:34,558 --> 08:25:40,440 it to just United States for 12792 08:25:38,280 --> 08:25:43,318 now exclude shipping rates over a 12793 08:25:40,440 --> 08:25:48,398 certain amount minimum purchase 12794 08:25:43,318 --> 08:25:50,280 75 75 is a good number that we found 12795 08:25:48,398 --> 08:25:53,238 gets us good average order value good 12796 08:25:50,280 --> 08:25:55,080 conversion rate and it's actually 12797 08:25:53,238 --> 08:25:56,760 affordable by us because people have to 12798 08:25:55,080 --> 08:26:00,360 buy at least three shirts in order to 12799 08:25:56,760 --> 08:26:01,600 hit that all right so our Shopify keys 12800 08:26:00,360 --> 08:26:04,318 for success we're going to talk about 12801 08:26:01,600 --> 08:26:07,680 this in the con like conceptual sections 12802 08:26:04,318 --> 08:26:11,440 but uh less is more we want to isolate 12803 08:26:07,680 --> 08:26:13,360 the colors less is more means like less 12804 08:26:11,440 --> 08:26:15,878 Shopify apps don't overdo it we're going 12805 08:26:13,360 --> 08:26:18,120 to talk about apps and stuff soon but 12806 08:26:15,878 --> 08:26:22,238 always air on the side of minimalism 12807 08:26:18,120 --> 08:26:23,798 over complexity color isolation you want 12808 08:26:22,238 --> 08:26:26,238 uh your call to action buttons to be the 12809 08:26:23,798 --> 08:26:29,638 only color to be a color that only occur 12810 08:26:26,238 --> 08:26:32,120 occurs once on the entire site optimized 12811 08:26:29,638 --> 08:26:35,798 for sales not how it looks tweet at me 12812 08:26:32,120 --> 08:26:37,478 if you have any questions and again join 12813 08:26:35,798 --> 08:26:40,160 the school Group which is linked around 12814 08:26:37,478 --> 08:26:44,318 here for an easier like breakdown of 12815 08:26:40,160 --> 08:26:45,840 these videos and this is old but so 12816 08:26:44,318 --> 08:26:48,318 there you have it now we've set up our 12817 08:26:45,840 --> 08:26:51,760 Shopify store next we're going to start 12818 08:26:48,318 --> 08:26:54,080 doing the product stuff like fixing all 12819 08:26:51,760 --> 08:26:56,238 this stuff up here yeah so congrats you 12820 08:26:54,080 --> 08:26:57,558 have a fully functional Shopify store 12821 08:26:56,238 --> 08:27:00,160 that people can actually buy from it's 12822 08:26:57,558 --> 08:27:01,660 pretty exciting Good Start and now we're 12823 08:27:00,160 --> 08:27:11,840 on to the next 12824 08:27:01,660 --> 08:27:14,238 [Music] 12825 08:27:11,840 --> 08:27:16,000 lesson hi guys in this module we're 12826 08:27:14,238 --> 08:27:18,398 going to go over how to connect your 12827 08:27:16,000 --> 08:27:19,558 PayPal to your Shopify store so the 12828 08:27:18,398 --> 08:27:22,878 first thing that you're going to want to 12829 08:27:19,558 --> 08:27:24,318 do is open up Shopify and at the bottom 12830 08:27:22,878 --> 08:27:27,160 of the left hand side you're going to 12831 08:27:24,318 --> 08:27:29,280 hit settings and then you'll click 12832 08:27:27,160 --> 08:27:31,958 payments once you're in the payments 12833 08:27:29,280 --> 08:27:34,600 setting you'll see it says PayPal setup 12834 08:27:31,958 --> 08:27:36,798 incomplete you are able to add other 12835 08:27:34,600 --> 08:27:38,878 payment methods as well you can simply 12836 08:27:36,798 --> 08:27:40,958 search for a provider and it'll give you 12837 08:27:38,878 --> 08:27:43,000 a whole list of different payment 12838 08:27:40,958 --> 08:27:46,280 processors that you can add so you could 12839 08:27:43,000 --> 08:27:48,760 use afterpay affirm Clara some of those 12840 08:27:46,280 --> 08:27:51,478 like buy now pay later type of deals we 12841 08:27:48,760 --> 08:27:53,718 don't typically put them on our site we 12842 08:27:51,478 --> 08:27:55,478 do just use Shopify payments as well as 12843 08:27:53,718 --> 08:27:56,958 PayPal so I'll show you how to set up 12844 08:27:55,478 --> 08:28:00,120 your Paypal account account and actually 12845 08:27:56,958 --> 08:28:02,080 get it connected to your Shopify 12846 08:28:00,120 --> 08:28:04,200 store once you've logged into your 12847 08:28:02,080 --> 08:28:06,318 PayPal account you then should get this 12848 08:28:04,200 --> 08:28:08,200 message thanks for signing up we can go 12849 08:28:06,318 --> 08:28:10,398 back to Shopify or set up an automatic 12850 08:28:08,200 --> 08:28:13,680 transfer so automatic transfers are 12851 08:28:10,398 --> 08:28:16,000 actually going to occur once per day and 12852 08:28:13,680 --> 08:28:17,878 any money that's in your PayPal account 12853 08:28:16,000 --> 08:28:19,920 will automatically get transferred out 12854 08:28:17,878 --> 08:28:23,080 to your business bank account so we'll 12855 08:28:19,920 --> 08:28:24,680 just click go back to Shopify and right 12856 08:28:23,080 --> 08:28:26,878 here it says active so before it was 12857 08:28:24,680 --> 08:28:29,318 saying pending or not connected and now 12858 08:28:26,878 --> 08:28:31,360 it says active so that means PayPal is 12859 08:28:29,318 --> 08:28:34,200 now connected to our Shopify store and 12860 08:28:31,360 --> 08:28:36,080 we are able to take payments by either 12861 08:28:34,200 --> 08:28:39,478 Shopify payments with any of these 12862 08:28:36,080 --> 08:28:41,280 providers as well as PayPal so pretty 12863 08:28:39,478 --> 08:28:42,920 simple as long as you don't run into 12864 08:28:41,280 --> 08:28:44,840 some password issues but yeah now you 12865 08:28:42,920 --> 08:28:46,920 have another additional way to collect 12866 08:28:44,840 --> 08:28:50,318 payments PayPal is a great one to set up 12867 08:28:46,920 --> 08:28:51,520 a lot of people tend to trust PayPal 12868 08:28:50,318 --> 08:28:53,718 especially if it's a site that they've 12869 08:28:51,520 --> 08:28:56,200 never checked out from before or for 12870 08:28:53,718 --> 08:28:58,000 some reason they're just like unsure you 12871 08:28:56,200 --> 08:29:00,000 be surprised by the number of people who 12872 08:28:58,000 --> 08:29:02,398 have actually been burned by 12873 08:29:00,000 --> 08:29:03,718 specifically Facebook ads they found 12874 08:29:02,398 --> 08:29:05,600 something it caught their eye they've 12875 08:29:03,718 --> 08:29:07,680 clicked it and then they've checked out 12876 08:29:05,600 --> 08:29:09,280 and actually never received that product 12877 08:29:07,680 --> 08:29:11,680 so this just kind of gives an extra 12878 08:29:09,280 --> 08:29:13,280 little layer of trust to your customer 12879 08:29:11,680 --> 08:29:15,360 saying like hey I'm a legitimate 12880 08:29:13,280 --> 08:29:17,600 business I have a PayPal account I'm 12881 08:29:15,360 --> 08:29:19,558 going through the right steps to be a 12882 08:29:17,600 --> 08:29:21,680 legitimate business so it can definitely 12883 08:29:19,558 --> 08:29:23,958 help your conversion rate having some of 12884 08:29:21,680 --> 08:29:26,638 those big names being able to accept all 12885 08:29:23,958 --> 08:29:28,080 of these payment processors up here as 12886 08:29:26,638 --> 08:29:36,569 well as 12887 08:29:28,080 --> 08:29:36,569 [Music] 12888 08:29:39,120 --> 08:29:44,600 PayPal let's now take a look at the 12889 08:29:42,040 --> 08:29:46,680 quote unquote musthave apps that I'd 12890 08:29:44,600 --> 08:29:48,360 recommend any beginner have when you're 12891 08:29:46,680 --> 08:29:50,200 starting out and I'm going to show the 12892 08:29:48,360 --> 08:29:52,878 beginner versions that are as cheap as 12893 08:29:50,200 --> 08:29:54,840 possible uh like the minimum viable 12894 08:29:52,878 --> 08:29:56,718 stack of apps that we need to get off 12895 08:29:54,840 --> 08:29:58,878 the ground and and then I'm going to 12896 08:29:56,718 --> 08:30:01,280 give a frame of reference for the apps 12897 08:29:58,878 --> 08:30:03,360 we use now after the store's been up and 12898 08:30:01,280 --> 08:30:07,280 running and what you can grow into down 12899 08:30:03,360 --> 08:30:09,798 the line but upfront good news is you 12900 08:30:07,280 --> 08:30:12,120 don't really need to be spending hardly 12901 08:30:09,798 --> 08:30:13,558 anything on your apps upfront but let's 12902 08:30:12,120 --> 08:30:14,840 get into it so there there's the obvious 12903 08:30:13,558 --> 08:30:16,398 ones I'm not even going to talk about 12904 08:30:14,840 --> 08:30:19,520 but there's like Facebook and Instagram 12905 08:30:16,398 --> 08:30:22,440 Google uh Tik Tok you don't 12906 08:30:19,520 --> 08:30:25,958 need uh and 12907 08:30:22,440 --> 08:30:26,840 clavio yeah so clavio Facebook Google 12908 08:30:25,958 --> 08:30:29,558 obviously those are just your 12909 08:30:26,840 --> 08:30:31,478 integration apps so those are like 12910 08:30:29,558 --> 08:30:34,238 that's where your pixels are coming from 12911 08:30:31,478 --> 08:30:36,520 which in the traffic and email sections 12912 08:30:34,238 --> 08:30:37,520 we talk about how to set up all those 12913 08:30:36,520 --> 08:30:40,318 when you're setting up and like 12914 08:30:37,520 --> 08:30:42,360 launching your products we use Hexum a 12915 08:30:40,318 --> 08:30:44,878 lot for bulk product editing this one 12916 08:30:42,360 --> 08:30:46,120 will save you a ton of time it's $10 a 12917 08:30:44,878 --> 08:30:49,040 month I think they even have a cheaper 12918 08:30:46,120 --> 08:30:51,760 plan but this lets you bulk make all the 12919 08:30:49,040 --> 08:30:54,520 changes and Meg shown you in her lessons 12920 08:30:51,760 --> 08:30:58,360 how to do that so that one is hands down 12921 08:30:54,520 --> 08:31:00,360 like uh huge time saer along with that 12922 08:30:58,360 --> 08:31:03,280 the other one that is a absolute must 12923 08:31:00,360 --> 08:31:05,398 have is Crush speed and image Optimizer 12924 08:31:03,280 --> 08:31:08,040 this one does a ton for your site load 12925 08:31:05,398 --> 08:31:09,280 speed it takes your uh product images 12926 08:31:08,040 --> 08:31:11,920 all the images on your site and 12927 08:31:09,280 --> 08:31:13,360 compresses them down to smaller files uh 12928 08:31:11,920 --> 08:31:15,120 does this automatically running in the 12929 08:31:13,360 --> 08:31:17,160 background it's only five bucks a month 12930 08:31:15,120 --> 08:31:18,360 they have lower plans but we use the 12931 08:31:17,160 --> 08:31:21,000 five bucks a month because we have a lot 12932 08:31:18,360 --> 08:31:23,238 of pictures it does huge things for your 12933 08:31:21,000 --> 08:31:25,160 sight speed makes your site a lot faster 12934 08:31:23,238 --> 08:31:27,638 cuz if you have really big images that 12935 08:31:25,160 --> 08:31:29,878 are like big files couple of megabytes 12936 08:31:27,638 --> 08:31:31,920 for example then uh when a customer 12937 08:31:29,878 --> 08:31:34,160 comes to your site and you're trying to 12938 08:31:31,920 --> 08:31:36,398 load your collection page Shopify has to 12939 08:31:34,160 --> 08:31:39,520 load every single one of those images 12940 08:31:36,398 --> 08:31:41,160 and that takes time next is email that's 12941 08:31:39,520 --> 08:31:43,878 another free one that's where like your 12942 08:31:41,160 --> 08:31:46,440 email automations the Shopify built-in 12943 08:31:43,878 --> 08:31:50,440 automations come from which I recommend 12944 08:31:46,440 --> 08:31:52,398 setting that one up as well so Goa Pro 12945 08:31:50,440 --> 08:31:54,318 this is not required but they have a 12946 08:31:52,398 --> 08:31:56,478 free plan so this is the affiliate 12947 08:31:54,318 --> 08:31:58,398 marketing app that we use for which 12948 08:31:56,478 --> 08:32:00,398 we'll talk about in the affiliate but 12949 08:31:58,398 --> 08:32:02,798 this one's free so great option for 12950 08:32:00,398 --> 08:32:04,878 beginners okay so then customer reviews 12951 08:32:02,798 --> 08:32:07,318 so this is a big one there's a ton of 12952 08:32:04,878 --> 08:32:09,280 options out there for customer View apps 12953 08:32:07,318 --> 08:32:11,080 just honestly just pick one they all do 12954 08:32:09,280 --> 08:32:12,280 exactly the same they all try to 12955 08:32:11,080 --> 08:32:14,080 make it sound like they do different 12956 08:32:12,280 --> 08:32:16,280 things it's the same just with a 12957 08:32:14,080 --> 08:32:19,360 different rapper on it we were using 12958 08:32:16,280 --> 08:32:22,600 judge.me before this and I think they're 12959 08:32:19,360 --> 08:32:24,760 cheaper we like looks because the one 12960 08:32:22,600 --> 08:32:27,878 difference that looks has is that it 12961 08:32:24,760 --> 08:32:29,638 collects image views like in a really 12962 08:32:27,878 --> 08:32:31,840 simple way from your customers which is 12963 08:32:29,638 --> 08:32:33,840 good like user generated content to be 12964 08:32:31,840 --> 08:32:35,520 gathering but as a beginner you 12965 08:32:33,840 --> 08:32:37,280 certainly don't need that you don't need 12966 08:32:35,520 --> 08:32:39,600 to be spending 300 bucks a month they 12967 08:32:37,280 --> 08:32:40,760 have much cheaper plans which we'll link 12968 08:32:39,600 --> 08:32:43,238 it somewhere around this video for you 12969 08:32:40,760 --> 08:32:45,440 to check it out if you have any budget 12970 08:32:43,238 --> 08:32:48,120 to invest in apps looks is a great place 12971 08:32:45,440 --> 08:32:49,638 to invest on Lower plans but again as a 12972 08:32:48,120 --> 08:32:51,238 complete beginner if you're trying to be 12973 08:32:49,638 --> 08:32:53,920 as budget friendly as possible do this 12974 08:32:51,238 --> 08:32:55,840 on a Sho string just go with judge or I 12975 08:32:53,920 --> 08:32:57,920 think Shopify reviews even has their own 12976 08:32:55,840 --> 08:33:01,680 app and then good news is that there's 12977 08:32:57,920 --> 08:33:03,318 no like Risk to setting up with one like 12978 08:33:01,680 --> 08:33:04,840 you can set up with one and then say 12979 08:33:03,318 --> 08:33:06,520 down the road you decide to switch or 12980 08:33:04,840 --> 08:33:09,080 you want to upgrade sales are going well 12981 08:33:06,520 --> 08:33:11,160 whatever you can always export all your 12982 08:33:09,080 --> 08:33:13,080 reviews from whatever app you're using 12983 08:33:11,160 --> 08:33:15,080 then upload them into the new app that's 12984 08:33:13,080 --> 08:33:16,798 exactly what we did we went from Judge 12985 08:33:15,080 --> 08:33:18,478 to looks exported everything out of 12986 08:33:16,798 --> 08:33:21,080 Judge imported to looks and we're good 12987 08:33:18,478 --> 08:33:23,080 to go next is the printify integration 12988 08:33:21,080 --> 08:33:24,840 app obviously that's where all of our 12989 08:33:23,080 --> 08:33:26,080 fulfillment comes from if you're 12990 08:33:24,840 --> 08:33:28,080 fulfilling with somebody different than 12991 08:33:26,080 --> 08:33:30,798 printify you would have Drop Shipping 12992 08:33:28,080 --> 08:33:32,878 app or whatever uh or 3pl we used 12993 08:33:30,798 --> 08:33:35,440 shipmonk for years we had a a shipmonk 12994 08:33:32,878 --> 08:33:37,080 app uh this is similar to like the pixel 12995 08:33:35,440 --> 08:33:38,760 PRI just needs to have the ability to 12996 08:33:37,080 --> 08:33:40,840 look into your store to be able to 12997 08:33:38,760 --> 08:33:42,638 fulfill your orders collabs I don't use 12998 08:33:40,840 --> 08:33:44,558 that so you can forget about that Tik 12999 08:33:42,638 --> 08:33:46,280 Tok again this similar to the pixel we 13000 08:33:44,558 --> 08:33:49,160 don't really use that right now then for 13001 08:33:46,280 --> 08:33:50,558 our our support tickets we use gorgeous 13002 08:33:49,160 --> 08:33:52,440 Megs talked about that in the customer 13003 08:33:50,558 --> 08:33:53,958 service section but you can just use 13004 08:33:52,440 --> 08:33:55,360 Gmail when you're starting out gorgeous 13005 08:33:53,958 --> 08:33:57,040 is great for once you're down the road 13006 08:33:55,360 --> 08:33:58,520 similar looks but certainly don't need 13007 08:33:57,040 --> 08:34:01,318 this when you're starting out make is 13008 08:33:58,520 --> 08:34:02,760 what we use for our automations like uh 13009 08:34:01,318 --> 08:34:04,520 which we'll explain in in different 13010 08:34:02,760 --> 08:34:07,080 modules but you can ignore this one for 13011 08:34:04,520 --> 08:34:08,878 now and automation on fulfilling our 13012 08:34:07,080 --> 08:34:11,120 International orders and like product 13013 08:34:08,878 --> 08:34:13,000 uploads so like it's nothing you haven't 13014 08:34:11,120 --> 08:34:15,280 heard about it's just we do it slightly 13015 08:34:13,000 --> 08:34:17,478 faster and with like less manual effort 13016 08:34:15,280 --> 08:34:19,040 by setting up with make Shopify counter 13017 08:34:17,478 --> 08:34:20,600 this is just the cool ticker in the 13018 08:34:19,040 --> 08:34:23,080 background of some of our videos If you 13019 08:34:20,600 --> 08:34:24,958 seen them on YouTube Shopify flows you 13020 08:34:23,080 --> 08:34:26,840 can forget about that so shipping 13021 08:34:24,958 --> 08:34:29,040 protection this is an interesting one so 13022 08:34:26,840 --> 08:34:31,798 this one it does cost something but if 13023 08:34:29,040 --> 08:34:34,160 you have like even any number of orders 13024 08:34:31,798 --> 08:34:36,238 coming in on a monthly basis it can be 13025 08:34:34,160 --> 08:34:39,638 really worth it because it adds like $1 13026 08:34:36,238 --> 08:34:41,238 to $2 per order on average and the way 13027 08:34:39,638 --> 08:34:43,040 that it does that is when customers go 13028 08:34:41,238 --> 08:34:45,638 to check out you've seen like shipping 13029 08:34:43,040 --> 08:34:47,398 insurance or protection that like when 13030 08:34:45,638 --> 08:34:50,318 somebody checks that if anything happens 13031 08:34:47,398 --> 08:34:51,920 to their order at all then we will like 13032 08:34:50,318 --> 08:34:53,798 fully cover it we'll reimburse them 13033 08:34:51,920 --> 08:34:54,920 everything and then they just pay 13034 08:34:53,798 --> 08:34:56,920 depending on the cost of their order 13035 08:34:54,920 --> 08:35:00,000 anywhere from 95 to 13036 08:34:56,920 --> 08:35:02,760 $1.95 and yeah we cover that cost for 13037 08:35:00,000 --> 08:35:04,958 them which 99% of the time nothing 13038 08:35:02,760 --> 08:35:07,958 happens to the order so that's just free 13039 08:35:04,958 --> 08:35:09,798 money for us essentially so this one I 13040 08:35:07,958 --> 08:35:11,878 wouldn't say it's a must-have but this 13041 08:35:09,798 --> 08:35:13,638 is a nice one that once you have some 13042 08:35:11,878 --> 08:35:16,160 orders coming in I would say like 50 to 13043 08:35:13,638 --> 08:35:18,280 100 orders per month then add this and 13044 08:35:16,160 --> 08:35:21,080 it'll pay for itself and then 13045 08:35:18,280 --> 08:35:23,760 some Shopify inbox this is another free 13046 08:35:21,080 --> 08:35:25,798 one not a must have but if you want to 13047 08:35:23,760 --> 08:35:28,160 be like answering questions from from 13048 08:35:25,798 --> 08:35:30,160 customers which is sometimes a good idea 13049 08:35:28,160 --> 08:35:32,080 to boost conversion rate like people can 13050 08:35:30,160 --> 08:35:34,238 chat with you on your website we don't 13051 08:35:32,080 --> 08:35:35,558 really use that though cozy anti theft 13052 08:35:34,238 --> 08:35:38,080 if you once you have a good store and 13053 08:35:35,558 --> 08:35:40,520 people start copying you install this 13054 08:35:38,080 --> 08:35:42,958 it's not a must have but install this 13055 08:35:40,520 --> 08:35:44,718 and it makes so that you can't like copy 13056 08:35:42,958 --> 08:35:46,920 paste or like download you know how you 13057 08:35:44,718 --> 08:35:49,600 can go to people's like stores and just 13058 08:35:46,920 --> 08:35:50,920 rightclick save image as that's exactly 13059 08:35:49,600 --> 08:35:53,000 how people are going to rip off your 13060 08:35:50,920 --> 08:35:54,440 store this blocks people from being able 13061 08:35:53,000 --> 08:35:56,200 to do that so if you go to our website 13062 08:35:54,440 --> 08:35:57,798 and you try to right click on an nothing 13063 08:35:56,200 --> 08:35:59,318 happens there are still like some ways 13064 08:35:57,798 --> 08:36:01,080 around it but it's enough to block most 13065 08:35:59,318 --> 08:36:02,440 people but again not a must have don't 13066 08:36:01,080 --> 08:36:03,958 worry about this until you already have 13067 08:36:02,440 --> 08:36:05,718 a store that's doing well enough that 13068 08:36:03,958 --> 08:36:07,238 people would actually want to copy you 13069 08:36:05,718 --> 08:36:10,238 QuickBooks this is our integration to 13070 08:36:07,238 --> 08:36:12,558 our bookkeeping software again this is 13071 08:36:10,238 --> 08:36:14,718 not a must have but once you're running 13072 08:36:12,558 --> 08:36:18,280 and like doing a decent amount of sales 13073 08:36:14,718 --> 08:36:21,638 like 10 20K a month is it's a good idea 13074 08:36:18,280 --> 08:36:23,600 to get this setup so that you can have 13075 08:36:21,638 --> 08:36:24,638 clean bookkeeping tracking but in the 13076 08:36:23,600 --> 08:36:26,280 beginning just running your own 13077 08:36:24,638 --> 08:36:27,878 financials if you're running your own 13078 08:36:26,280 --> 08:36:30,760 p&l and balance sheet just in your 13079 08:36:27,878 --> 08:36:32,558 Google sheet then that's completely fine 13080 08:36:30,760 --> 08:36:35,840 translate and adapt that's another free 13081 08:36:32,558 --> 08:36:37,718 one that's for international traffic we 13082 08:36:35,840 --> 08:36:39,478 don't really use that though I'll cover 13083 08:36:37,718 --> 08:36:41,840 what we do in the international section 13084 08:36:39,478 --> 08:36:44,558 but these last three we don't really use 13085 08:36:41,840 --> 08:36:48,920 it all so yeah to to recap must have 13086 08:36:44,558 --> 08:36:51,520 apps hexom Google goof Pro not must have 13087 08:36:48,920 --> 08:36:54,520 but it's free so might as well some 13088 08:36:51,520 --> 08:36:55,840 review app you pick which or you can try 13089 08:36:54,520 --> 08:36:59,478 looks somewhere around here here 13090 08:36:55,840 --> 08:37:01,040 printify obviously Tik Tok oh push out I 13091 08:36:59,478 --> 08:37:02,680 didn't talk about this this is a nice 13092 08:37:01,040 --> 08:37:04,798 one because it's those notifications 13093 08:37:02,680 --> 08:37:06,718 that pop up in the top corner it's just 13094 08:37:04,798 --> 08:37:08,798 like an extra marketing channel and so 13095 08:37:06,718 --> 08:37:11,080 for people that are on desktop somebody 13096 08:37:08,798 --> 08:37:12,520 comes to your site pops up in the corner 13097 08:37:11,080 --> 08:37:14,200 it's like a a way that you can get back 13098 08:37:12,520 --> 08:37:16,398 in front of people it can send a Bandon 13099 08:37:14,200 --> 08:37:18,840 card email or push notifications stuff 13100 08:37:16,398 --> 08:37:21,600 like that so like here inside a push L 13101 08:37:18,840 --> 08:37:23,638 you can see it it's generated us it's 13102 08:37:21,600 --> 08:37:26,920 not a life-changing amount of Revenue 13103 08:37:23,638 --> 08:37:30,160 but it 70 800 and that's like pretty 13104 08:37:26,920 --> 08:37:31,798 much all profit so it's pretty cool and 13105 08:37:30,160 --> 08:37:34,520 then you have like your automations in 13106 08:37:31,798 --> 08:37:36,718 here where it's like your abandon cart 13107 08:37:34,520 --> 08:37:38,080 welcome stuff like that yeah you can see 13108 08:37:36,718 --> 08:37:40,040 most of our Revenue has come from the 13109 08:37:38,080 --> 08:37:42,280 abandoned cart and these are just 13110 08:37:40,040 --> 08:37:46,600 automated sequences that just run all 13111 08:37:42,280 --> 08:37:48,280 the time and then here is our email app 13112 08:37:46,600 --> 08:37:49,798 this is the free one from Shopify so we 13113 08:37:48,280 --> 08:37:51,318 have you left items in your cart you 13114 08:37:49,798 --> 08:37:52,840 left items at checkout so this is 13115 08:37:51,318 --> 08:37:55,520 abandoned cart and abandoned checkout 13116 08:37:52,840 --> 08:37:57,160 emails that run automatically so this is 13117 08:37:55,520 --> 08:37:59,040 over the last 30 days it's done 500 13118 08:37:57,160 --> 08:38:01,798 bucks the majority of our email 13119 08:37:59,040 --> 08:38:04,360 marketing yeah last 90 2,800 so it's not 13120 08:38:01,798 --> 08:38:05,600 life changing again but it's free and 13121 08:38:04,360 --> 08:38:07,238 reason this is so low is that the 13122 08:38:05,600 --> 08:38:08,558 majority of our emails are being sent 13123 08:38:07,238 --> 08:38:10,520 out of uh 13124 08:38:08,558 --> 08:38:11,558 clavio and this is one that I didn't 13125 08:38:10,520 --> 08:38:13,520 talk about yet but this is the 13126 08:38:11,558 --> 08:38:15,040 frequently bought together app which 13127 08:38:13,520 --> 08:38:16,558 this is you go to Amazon and it shows 13128 08:38:15,040 --> 08:38:18,878 like the pairs of products like if 13129 08:38:16,558 --> 08:38:21,040 you're buying I don't know a desktop 13130 08:38:18,878 --> 08:38:23,200 it'll show like a monitor a mouse a 13131 08:38:21,040 --> 08:38:25,160 keyboard like related products here 13132 08:38:23,200 --> 08:38:26,120 that's what this app does it's 10 bucks 13133 08:38:25,160 --> 08:38:28,120 a month 13134 08:38:26,120 --> 08:38:29,878 and according to them I don't know how 13135 08:38:28,120 --> 08:38:33,718 uh how much you can trust their own 13136 08:38:29,878 --> 08:38:37,080 reporting but they say that it generated 13137 08:38:33,718 --> 08:38:39,318 $1,869 in sales from people scrolling 13138 08:38:37,080 --> 08:38:41,080 down seeing that button of recommended 13139 08:38:39,318 --> 08:38:42,718 products and it learns like it sees what 13140 08:38:41,080 --> 08:38:45,360 products people are buying together the 13141 08:38:42,718 --> 08:38:47,600 most it'll pick up on things like people 13142 08:38:45,360 --> 08:38:49,520 are buying these like pastel colored 13143 08:38:47,600 --> 08:38:52,798 shirts the most and if somebody's 13144 08:38:49,520 --> 08:38:54,440 viewing a pastel colored or style like 13145 08:38:52,798 --> 08:38:56,040 shirt on the product page it'll 13146 08:38:54,440 --> 08:38:59,120 recommend two to three others for people 13147 08:38:56,040 --> 08:39:01,200 to quickly click add all of them to cart 13148 08:38:59,120 --> 08:39:03,680 and it's generated almost 13 Grand in 13149 08:39:01,200 --> 08:39:05,478 sales according to them and then here's 13150 08:39:03,680 --> 08:39:07,760 the inside of both product editor again 13151 08:39:05,478 --> 08:39:10,160 Meg is doing like a more in-depth 13152 08:39:07,760 --> 08:39:11,638 tutorial of this but this is where 13153 08:39:10,160 --> 08:39:13,520 anytime there's something that you need 13154 08:39:11,638 --> 08:39:14,878 to change on your products if you need 13155 08:39:13,520 --> 08:39:16,360 to change it to one product normally you 13156 08:39:14,878 --> 08:39:18,280 have to change it to all of them and 13157 08:39:16,360 --> 08:39:20,520 going through one by one is literally 13158 08:39:18,280 --> 08:39:23,360 soul sucking and it's a huge waste of 13159 08:39:20,520 --> 08:39:24,878 your time so for example if one that we 13160 08:39:23,360 --> 08:39:27,760 did recently was we had all of our 13161 08:39:24,878 --> 08:39:29,360 t-shirts were named te in our products 13162 08:39:27,760 --> 08:39:30,878 and after looking at a bunch of other 13163 08:39:29,360 --> 08:39:34,958 sites we saw that they were naming them 13164 08:39:30,878 --> 08:39:39,000 t-shirt so we just went in here to 13165 08:39:34,958 --> 08:39:42,000 product title sorted by like product 13166 08:39:39,000 --> 08:39:47,638 type and then the 13167 08:39:42,000 --> 08:39:51,638 t-shirt and then find and replace we did 13168 08:39:47,638 --> 08:39:56,040 T or find and replace there so we found 13169 08:39:51,638 --> 08:40:00,160 T and we replaced it with 13170 08:39:56,040 --> 08:40:01,558 t-shirt like that so it's whereas we 13171 08:40:00,160 --> 08:40:03,398 would have had to go through all of our 13172 08:40:01,558 --> 08:40:05,958 products and would have taken forever uh 13173 08:40:03,398 --> 08:40:07,478 another good example is like if printify 13174 08:40:05,958 --> 08:40:09,280 sends an email that they're out of stock 13175 08:40:07,478 --> 08:40:12,238 of a specific color like happens from 13176 08:40:09,280 --> 08:40:14,520 time to time uh it's really annoying to 13177 08:40:12,238 --> 08:40:16,398 have to go in and change each every 13178 08:40:14,520 --> 08:40:18,238 product remove every color remove that 13179 08:40:16,398 --> 08:40:21,160 color from every product takes a ton of 13180 08:40:18,238 --> 08:40:23,238 time you can do that in here as well and 13181 08:40:21,160 --> 08:40:24,760 here in crush picks I'm zoomed in it 13182 08:40:23,238 --> 08:40:27,440 shows all the products at the bottom but 13183 08:40:24,760 --> 08:40:29,760 this is the brand and that we try to not 13184 08:40:27,440 --> 08:40:32,000 reveal so that it doesn't get spammed 13185 08:40:29,760 --> 08:40:33,600 with a ton of bots but anyway so I'm 13186 08:40:32,000 --> 08:40:35,120 zoomed in so the UI looks better than 13187 08:40:33,600 --> 08:40:37,080 this but you can see it's compressing 13188 08:40:35,120 --> 08:40:39,160 all the images just like I talked about 13189 08:40:37,080 --> 08:40:42,160 so it's compressing them and the plan 13190 08:40:39,160 --> 08:40:45,920 that we're on is 500 megabytes they have 13191 08:40:42,160 --> 08:40:48,160 different plans yeah like 500 2 gigs 13192 08:40:45,920 --> 08:40:49,318 yeah so we're on the lowest plan but 13193 08:40:48,160 --> 08:40:53,318 yeah so it's compressing all the 13194 08:40:49,318 --> 08:40:56,120 pictures and just saving like file size 13195 08:40:53,318 --> 08:40:58,238 and then here's cozy anti theft this is 13196 08:40:56,120 --> 08:41:01,760 the one where it prevents people from 13197 08:40:58,238 --> 08:41:03,718 right clicking so you turn it on it's 13198 08:41:01,760 --> 08:41:05,120 this is a dead Simple app you just turn 13199 08:41:03,718 --> 08:41:08,000 on the stuff that you want to protect 13200 08:41:05,120 --> 08:41:10,520 and it does it and then it prevents 13201 08:41:08,000 --> 08:41:13,360 people from being able to copy paste and 13202 08:41:10,520 --> 08:41:15,080 just duplicate your site then here's 13203 08:41:13,360 --> 08:41:18,238 simply shipping protection so like you 13204 08:41:15,080 --> 08:41:22,558 can see in the last month we've insured 13205 08:41:18,238 --> 08:41:24,718 683 orders so 680 people who like check 13206 08:41:22,558 --> 08:41:27,920 the box at checkout to uh get the 13207 08:41:24,718 --> 08:41:30,600 insurance and that generated us an extra 13208 08:41:27,920 --> 08:41:31,840 $965 in revenue and out of these we 13209 08:41:30,600 --> 08:41:33,798 might have had like a handful that we 13210 08:41:31,840 --> 08:41:35,238 had to refund because of that because 13211 08:41:33,798 --> 08:41:37,760 you know gets lost in transit or 13212 08:41:35,238 --> 08:41:40,638 whatever very low like we have less than 13213 08:41:37,760 --> 08:41:43,080 1% like refund and like order defect 13214 08:41:40,638 --> 08:41:45,398 rate which is really good and then 13215 08:41:43,080 --> 08:41:47,398 here's so yeah we're on the Enterprise 13216 08:41:45,398 --> 08:41:50,600 plan which is 100 bucks a month there's 13217 08:41:47,398 --> 08:41:53,238 lower plans for 50200 oh perfect yeah if 13218 08:41:50,600 --> 08:41:55,440 you're doing like 50 even 50 orders a 13219 08:41:53,238 --> 08:41:57,558 month oh it's completely free I should 13220 08:41:55,440 --> 08:41:59,440 have known that yeah everybody should 13221 08:41:57,558 --> 08:42:01,440 install this it's completely free to get 13222 08:41:59,440 --> 08:42:04,680 started all right and then here's the 13223 08:42:01,440 --> 08:42:07,360 protection plans that we do so for a 13224 08:42:04,680 --> 08:42:12,798 cart of 0 to $30 it's a one t-shirt it's 13225 08:42:07,360 --> 08:42:15,558 98 for $3 to $49 it's $148 for 50 to 13226 08:42:12,798 --> 08:42:17,478 Infinity it's $1.98 we saw a much higher 13227 08:42:15,558 --> 08:42:18,520 take rate when we did this originally we 13228 08:42:17,478 --> 08:42:21,760 were doing 13229 08:42:18,520 --> 08:42:23,280 $1.98 and it had a lower like for 13230 08:42:21,760 --> 08:42:24,840 somebody who's buying one t-shirt they 13231 08:42:23,280 --> 08:42:26,878 want don't want to pay two bucks to Ure 13232 08:42:24,840 --> 08:42:29,440 that so they weren't taking it but when 13233 08:42:26,878 --> 08:42:31,958 it's only 98 cents then people would 13234 08:42:29,440 --> 08:42:33,840 were taking us up on that and there you 13235 08:42:31,958 --> 08:42:36,958 go so now you've seen inside all of the 13236 08:42:33,840 --> 08:42:40,000 apps we use honestly the the ma majority 13237 08:42:36,958 --> 08:42:42,200 of them like are either free or they're 13238 08:42:40,000 --> 08:42:44,478 just like integration apps we used to 13239 08:42:42,200 --> 08:42:46,878 use a lot more but that was before I 13240 08:42:44,478 --> 08:42:48,398 learned the hard lesson of more apps 13241 08:42:46,878 --> 08:42:49,878 does not equal better conversion rate a 13242 08:42:48,398 --> 08:42:51,760 lot of times it equals the other way 13243 08:42:49,878 --> 08:42:53,160 around and last parting lesson about 13244 08:42:51,760 --> 08:42:54,558 apps that I'll leave you with is that 13245 08:42:53,160 --> 08:42:56,440 these app developers they are 13246 08:42:54,558 --> 08:42:59,080 entrepreneurs a lot of times just like 13247 08:42:56,440 --> 08:43:02,360 you and a lot of times entrepreneurs get 13248 08:42:59,080 --> 08:43:03,718 a little misled with what the main goal 13249 08:43:02,360 --> 08:43:05,000 of their business should be and they 13250 08:43:03,718 --> 08:43:08,040 think that the goal should just be 13251 08:43:05,000 --> 08:43:09,920 generating revenue and not about 13252 08:43:08,040 --> 08:43:12,160 optimizing for the customer's experience 13253 08:43:09,920 --> 08:43:13,840 caring about you the most and the reason 13254 08:43:12,160 --> 08:43:16,478 I say that is that a lot of these apps 13255 08:43:13,840 --> 08:43:18,160 are designed to number one make you 13256 08:43:16,478 --> 08:43:20,160 think that they're as like more 13257 08:43:18,160 --> 08:43:23,160 effective than anything that like You' 13258 08:43:20,160 --> 08:43:24,760 be an idiot to get rid of it like the um 13259 08:43:23,160 --> 08:43:26,200 frequently bought together that one 13260 08:43:24,760 --> 08:43:28,200 might be legitimate but they all they 13261 08:43:26,200 --> 08:43:30,000 love to put in like examples of like how 13262 08:43:28,200 --> 08:43:31,840 their app is generating you so much 13263 08:43:30,000 --> 08:43:33,360 money take that with a grain of salt 13264 08:43:31,840 --> 08:43:34,878 unless you're going to like really dive 13265 08:43:33,360 --> 08:43:37,238 into it and get the proof that it 13266 08:43:34,878 --> 08:43:38,398 generated that much you have no idea uh 13267 08:43:37,238 --> 08:43:41,160 if it's accurate or if they're over 13268 08:43:38,398 --> 08:43:43,040 attributing second thing and the much 13269 08:43:41,160 --> 08:43:44,478 like worse offense in my opinion is that 13270 08:43:43,040 --> 08:43:46,200 they build the apps in such a way that 13271 08:43:44,478 --> 08:43:48,440 it's optimizing for their apps 13272 08:43:46,200 --> 08:43:50,160 performance and not your overall sit's 13273 08:43:48,440 --> 08:43:52,600 performance the reason I'm saying this 13274 08:43:50,160 --> 08:43:54,280 is just to help you evaluate the apps 13275 08:43:52,600 --> 08:43:56,840 and see it for what it is like it's a 13276 08:43:54,280 --> 08:43:58,520 lot of marketing and uh you just have to 13277 08:43:56,840 --> 08:44:00,160 make sure that when you add an app that 13278 08:43:58,520 --> 08:44:02,440 it's actually providing value to your 13279 08:44:00,160 --> 08:44:04,280 company and not tanking your sight speed 13280 08:44:02,440 --> 08:44:06,280 which a lot of times that's what what 13281 08:44:04,280 --> 08:44:07,878 ends up happening with new apps um 13282 08:44:06,280 --> 08:44:10,040 shopify's gotten better with it I think 13283 08:44:07,878 --> 08:44:12,920 now in the app store they show like this 13284 08:44:10,040 --> 08:44:15,520 app won't hurt sight speed something 13285 08:44:12,920 --> 08:44:17,398 like that but just keep it in mind that 13286 08:44:15,520 --> 08:44:20,120 you're the at the end of the day you are 13287 08:44:17,398 --> 08:44:23,200 the like the puck stops with you when it 13288 08:44:20,120 --> 08:44:24,878 comes to your sight's performance so uh 13289 08:44:23,200 --> 08:44:26,798 it's your decision it's your ultimate 13290 08:44:24,878 --> 08:44:29,080 call call what apps you use and what you 13291 08:44:26,798 --> 08:44:31,238 like get rid of so just keep a very like 13292 08:44:29,080 --> 08:44:33,558 scrutinous eye on what you're installing 13293 08:44:31,238 --> 08:44:34,750 and what you're letting into your temple 13294 08:44:33,558 --> 08:44:44,958 that is your Shopify 13295 08:44:34,750 --> 08:44:47,600 [Music] 13296 08:44:44,958 --> 08:44:49,958 store okay guys in this module we are 13297 08:44:47,600 --> 08:44:52,318 going to go through how to actually 13298 08:44:49,958 --> 08:44:55,160 create a discount code discount codes 13299 08:44:52,318 --> 08:44:57,398 are wonderful tools to use in e-com Comm 13300 08:44:55,160 --> 08:45:00,160 mer because it can actually trigger 13301 08:44:57,398 --> 08:45:02,360 somebody to actually make a purchase on 13302 08:45:00,160 --> 08:45:04,760 your site Chris showed you how to do a 13303 08:45:02,360 --> 08:45:06,520 popup message you can put in your email 13304 08:45:04,760 --> 08:45:08,638 automatically get a discount sent to 13305 08:45:06,520 --> 08:45:11,318 your email address but they are also a 13306 08:45:08,638 --> 08:45:13,478 really great tool to use an email and 13307 08:45:11,318 --> 08:45:15,360 SMS marketing they're pretty simple to 13308 08:45:13,478 --> 08:45:17,360 set up but the first step that you're 13309 08:45:15,360 --> 08:45:19,840 going to want to do is actually go to 13310 08:45:17,360 --> 08:45:22,160 Shopify you'll log into your Shopify 13311 08:45:19,840 --> 08:45:24,520 account and you're going to click on 13312 08:45:22,160 --> 08:45:26,360 discounts on the left hand side as you 13313 08:45:24,520 --> 08:45:29,600 can see we have free ship and free 13314 08:45:26,360 --> 08:45:31,558 shipping $75 so these are two discounts 13315 08:45:29,600 --> 08:45:33,520 that were already created we are going 13316 08:45:31,558 --> 08:45:36,120 to go to the upper right hand corner and 13317 08:45:33,520 --> 08:45:37,878 click create discount it's then going to 13318 08:45:36,120 --> 08:45:40,718 ask you what kind of discount would you 13319 08:45:37,878 --> 08:45:44,000 like to create an amount off of products 13320 08:45:40,718 --> 08:45:46,280 so this would be like you could take 5% 13321 08:45:44,000 --> 08:45:48,600 off of your products and you could 13322 08:45:46,280 --> 08:45:51,080 select a few so you could just run a 13323 08:45:48,600 --> 08:45:53,558 discount on one collection you could 13324 08:45:51,080 --> 08:45:57,040 just run it on a few products you could 13325 08:45:53,558 --> 08:45:59,440 also do a buy X get y so kind of think 13326 08:45:57,040 --> 08:46:01,760 of a buy 1 get one free scenario you can 13327 08:45:59,440 --> 08:46:03,638 set this up where if somebody buys one 13328 08:46:01,760 --> 08:46:06,760 product it could be like if you buy a 13329 08:46:03,638 --> 08:46:09,398 hoodie you get maybe a t-shirt for free 13330 08:46:06,760 --> 08:46:12,000 whatever it may be the next discount is 13331 08:46:09,398 --> 08:46:15,040 an amount off of the total order so this 13332 08:46:12,000 --> 08:46:18,520 would be like hey shop our Spring Fling 13333 08:46:15,040 --> 08:46:20,958 sale get 15% off your entire order so 13334 08:46:18,520 --> 08:46:23,398 that would just take 15% off of your 13335 08:46:20,958 --> 08:46:26,200 entire cart order this is the one that 13336 08:46:23,398 --> 08:46:27,600 we mainly use is the amount off of order 13337 08:46:26,200 --> 08:46:29,440 and then you also have the free shipping 13338 08:46:27,600 --> 08:46:31,798 discount which has already been set up 13339 08:46:29,440 --> 08:46:35,120 on our store we provide free shipping 13340 08:46:31,798 --> 08:46:37,360 for us orders over $75 and I believe 13341 08:46:35,120 --> 08:46:39,280 internationally we typically I believe 13342 08:46:37,360 --> 08:46:42,600 it's 100 it could be a little bit higher 13343 08:46:39,280 --> 08:46:45,160 maybe 125 but for this learning case 13344 08:46:42,600 --> 08:46:46,958 scenario we'll use an amount off of 13345 08:46:45,160 --> 08:46:48,878 order the first thing that you're going 13346 08:46:46,958 --> 08:46:50,798 to do now once you're on the create 13347 08:46:48,878 --> 08:46:52,520 order discount page you're going to 13348 08:46:50,798 --> 08:46:55,000 actually type in what you would want 13349 08:46:52,520 --> 08:46:56,760 your discounts name to be so just 13350 08:46:55,000 --> 08:46:57,760 because I used it in the example we'll 13351 08:46:56,760 --> 08:47:00,040 just 13352 08:46:57,760 --> 08:47:03,920 say Spring 13353 08:47:00,040 --> 08:47:06,120 Fling 15 so if you type in Spring Fling 13354 08:47:03,920 --> 08:47:10,520 15 you will get 13355 08:47:06,120 --> 08:47:12,680 15% off of your entire order now you can 13356 08:47:10,520 --> 08:47:15,398 adjust how you want your discounts to 13357 08:47:12,680 --> 08:47:17,360 run do you have any minimum requirements 13358 08:47:15,398 --> 08:47:19,718 sometimes we'll run a sale and we'll say 13359 08:47:17,360 --> 08:47:21,878 you have to have at least $50 worth of 13360 08:47:19,718 --> 08:47:24,160 Apparel in your cart that way it's kind 13361 08:47:21,878 --> 08:47:26,120 of incentivizing people hey buy more 13362 08:47:24,160 --> 08:47:28,238 than just one one shirt can increase 13363 08:47:26,120 --> 08:47:29,718 your average order value and it's just 13364 08:47:28,238 --> 08:47:31,920 kind of like a great way to kind of bump 13365 08:47:29,718 --> 08:47:33,238 that up you can do so a minimum purchase 13366 08:47:31,920 --> 08:47:36,718 amount this is where you could say like 13367 08:47:33,238 --> 08:47:38,280 $50 or minimum quantity of items again 13368 08:47:36,718 --> 08:47:40,718 you could say like if you purchase two 13369 08:47:38,280 --> 08:47:42,680 shirts then you'll get this 15% off of 13370 08:47:40,718 --> 08:47:45,080 your total discount so this is just kind 13371 08:47:42,680 --> 08:47:47,638 of different things rules that you can 13372 08:47:45,080 --> 08:47:49,558 set up I would say of who will be 13373 08:47:47,638 --> 08:47:51,760 allowed to actually use this discount 13374 08:47:49,558 --> 08:47:53,440 code for the sake of this learning 13375 08:47:51,760 --> 08:47:55,360 though we're going to say no minimum 13376 08:47:53,440 --> 08:47:58,080 requirements all custom customers are 13377 08:47:55,360 --> 08:48:00,040 eligible to use this code you can make 13378 08:47:58,080 --> 08:48:01,680 customers their own code that they could 13379 08:48:00,040 --> 08:48:04,120 use this comes in handy when you're 13380 08:48:01,680 --> 08:48:06,120 doing customer service you give somebody 13381 08:48:04,120 --> 08:48:09,000 like a $10 gift card pretty much or like 13382 08:48:06,120 --> 08:48:11,040 a $10 discount code and find that 13383 08:48:09,000 --> 08:48:13,080 specific customer and when they go to 13384 08:48:11,040 --> 08:48:15,000 check out assuming they' already been 13385 08:48:13,080 --> 08:48:16,600 like signed up for emails or whatever it 13386 08:48:15,000 --> 08:48:18,798 will only work for that specific 13387 08:48:16,600 --> 08:48:20,718 customer who is checking out with the 13388 08:48:18,798 --> 08:48:21,840 email address that they used but for 13389 08:48:20,718 --> 08:48:24,478 this case we're going to say all 13390 08:48:21,840 --> 08:48:27,718 customers maximum discount uses 13391 08:48:24,478 --> 08:48:30,398 sometimes I will click limited to one 13392 08:48:27,718 --> 08:48:32,440 use per customer just that way somebody 13393 08:48:30,398 --> 08:48:35,200 isn't then checking out like three or 13394 08:48:32,440 --> 08:48:37,200 four times again I would feel like it's 13395 08:48:35,200 --> 08:48:38,478 very very rare that people will do that 13396 08:48:37,200 --> 08:48:40,120 and you can also limit the number of 13397 08:48:38,478 --> 08:48:41,798 times that the discount can be used in 13398 08:48:40,120 --> 08:48:43,440 total this is something that's really 13399 08:48:41,798 --> 08:48:46,360 interesting if you're running a certain 13400 08:48:43,440 --> 08:48:51,318 sale and you say hey the first 10 people 13401 08:48:46,360 --> 08:48:54,200 will get 20% off the next 15 will get 13402 08:48:51,318 --> 08:48:56,760 19% off whatever it may be you can kind 13403 08:48:54,200 --> 08:48:59,120 of stagger it and almost give some 13404 08:48:56,760 --> 08:49:01,040 urgency to that sales promotion that 13405 08:48:59,120 --> 08:49:02,520 you're running so you can limit the 13406 08:49:01,040 --> 08:49:06,000 number of times that the discount can be 13407 08:49:02,520 --> 08:49:07,840 used in total so you could say the first 13408 08:49:06,000 --> 08:49:09,600 five people get this the next five get 13409 08:49:07,840 --> 08:49:11,520 that you would want to click this and 13410 08:49:09,600 --> 08:49:13,558 put in that number of times total that 13411 08:49:11,520 --> 08:49:15,920 it can be used for this case though it's 13412 08:49:13,558 --> 08:49:17,920 our Spring Fling sale we want everybody 13413 08:49:15,920 --> 08:49:20,000 to have this discount we want to send 13414 08:49:17,920 --> 08:49:22,718 this out to our email list and then you 13415 08:49:20,000 --> 08:49:25,520 can also do combinations so if you have 13416 08:49:22,718 --> 08:49:28,478 multiple discount codes out there you 13417 08:49:25,520 --> 08:49:31,798 can allow people to like stack up their 13418 08:49:28,478 --> 08:49:33,798 discounts so I don't click any of these 13419 08:49:31,798 --> 08:49:36,760 our shipping discount automatically 13420 08:49:33,798 --> 08:49:38,520 occurs so if it the order is still above 13421 08:49:36,760 --> 08:49:40,040 $75 they're still going to get free 13422 08:49:38,520 --> 08:49:42,120 shipping it's not just going to like 13423 08:49:40,040 --> 08:49:44,280 eliminate free shipping so I don't click 13424 08:49:42,120 --> 08:49:46,360 any of these and then down here you can 13425 08:49:44,280 --> 08:49:48,558 figure out when you would want this 13426 08:49:46,360 --> 08:49:50,798 discount code to become active as well 13427 08:49:48,558 --> 08:49:52,160 as when you would want it to end so 13428 08:49:50,798 --> 08:49:54,360 there are some discount codes you can 13429 08:49:52,160 --> 08:49:56,760 have run for years like until you 13430 08:49:54,360 --> 08:49:58,080 actually turn it off or set an end date 13431 08:49:56,760 --> 08:50:00,638 people could check out with that 13432 08:49:58,080 --> 08:50:02,200 discount over and over and over again 13433 08:50:00,638 --> 08:50:04,440 but for most of our sales we typically 13434 08:50:02,200 --> 08:50:06,638 have an urgency in that email saying 13435 08:50:04,440 --> 08:50:10,000 like hey it's this weekend only or for 13436 08:50:06,638 --> 08:50:13,398 24 hours only you can use this code and 13437 08:50:10,000 --> 08:50:15,200 get 15% off your order so in these cases 13438 08:50:13,398 --> 08:50:17,920 we're going to want to set an end date 13439 08:50:15,200 --> 08:50:19,958 and we would want to set it for you know 13440 08:50:17,920 --> 08:50:22,080 24 hours or whatever it may be you could 13441 08:50:19,958 --> 08:50:24,638 say like hey this offer ends tonight at 13442 08:50:22,080 --> 08:50:26,680 midnight so you literally end it tonight 13443 08:50:24,638 --> 08:50:28,360 at midnight but then once you're done 13444 08:50:26,680 --> 08:50:30,718 all you're going to do is click save 13445 08:50:28,360 --> 08:50:32,958 this discount and right here shows that 13446 08:50:30,718 --> 08:50:36,238 you've successfully created this 13447 08:50:32,958 --> 08:50:38,440 discount so what can you do next you can 13448 08:50:36,238 --> 08:50:40,718 just hand out your code tell people hey 13449 08:50:38,440 --> 08:50:43,600 if you type in springling 15 you'll get 13450 08:50:40,718 --> 08:50:46,200 15% off of your entire order or you can 13451 08:50:43,600 --> 08:50:48,760 click this button here get sharable link 13452 08:50:46,200 --> 08:50:51,398 copy this link and then you can paste it 13453 08:50:48,760 --> 08:50:53,398 and hyperlink it in your email in text 13454 08:50:51,398 --> 08:50:54,878 messages it's just an easy way for 13455 08:50:53,398 --> 08:50:56,600 people they can just click that and it 13456 08:50:54,878 --> 08:50:58,638 automatically gets applied to their card 13457 08:50:56,600 --> 08:51:00,478 especially if your Niche is targeting an 13458 08:50:58,638 --> 08:51:02,318 older population like there have been 13459 08:51:00,478 --> 08:51:05,360 some brands that we've run where our 13460 08:51:02,318 --> 08:51:06,958 population is really like 55 to 75 year 13461 08:51:05,360 --> 08:51:10,120 olds who are checking out and purchasing 13462 08:51:06,958 --> 08:51:12,680 from us so making it as least techsavvy 13463 08:51:10,120 --> 08:51:14,798 as can be can sometimes work out better 13464 08:51:12,680 --> 08:51:16,160 for those customers so just keep that in 13465 08:51:14,798 --> 08:51:18,718 mind when you're doing your email 13466 08:51:16,160 --> 08:51:21,000 marketing or wanting to send a blast out 13467 08:51:18,718 --> 08:51:23,040 to your customers and let them know that 13468 08:51:21,000 --> 08:51:25,280 you are running a sale it's sometimes 13469 08:51:23,040 --> 08:51:26,638 just easier to throw in this hyperlink 13470 08:51:25,280 --> 08:51:28,500 they can just click it and the discount 13471 08:51:26,638 --> 08:51:36,980 automatically gets 13472 08:51:28,500 --> 08:51:36,980 [Music] 13473 08:51:39,558 --> 08:51:44,398 applied let's talk about how we can 13474 08:51:41,680 --> 08:51:47,638 optimize our sit's average order value 13475 08:51:44,398 --> 08:51:49,318 otherwise known as aov first off what is 13476 08:51:47,638 --> 08:51:51,958 your average order value and why does it 13477 08:51:49,318 --> 08:51:54,638 matter our average order value is if you 13478 08:51:51,958 --> 08:51:56,478 look at a group of 100 customers what 13479 08:51:54,638 --> 08:51:58,958 was the total amount of sales from those 13480 08:51:56,478 --> 08:52:01,878 customers divided by the number so if we 13481 08:51:58,958 --> 08:52:03,840 had 1,500 bucks in sales and we had 100 13482 08:52:01,878 --> 08:52:07,160 customers that would be an average order 13483 08:52:03,840 --> 08:52:09,478 value of $115 so pretty simple math the 13484 08:52:07,160 --> 08:52:11,280 reason that it's so important to figure 13485 08:52:09,478 --> 08:52:14,600 out how much the average person is 13486 08:52:11,280 --> 08:52:16,920 spending is that impacts how profitably 13487 08:52:14,600 --> 08:52:19,360 we're able to drive traffic and we could 13488 08:52:16,920 --> 08:52:21,840 have a really good conversion rate like 13489 08:52:19,360 --> 08:52:23,520 converting 5 6% of people who visit the 13490 08:52:21,840 --> 08:52:26,200 site but if each of them were only 13491 08:52:23,520 --> 08:52:27,798 spending a doar then obviously that 13492 08:52:26,200 --> 08:52:29,120 wouldn't be profitable for us even 13493 08:52:27,798 --> 08:52:30,680 though we have a great conversion rate 13494 08:52:29,120 --> 08:52:32,160 so we have to have a good conversion 13495 08:52:30,680 --> 08:52:34,200 rate and a good average order value 13496 08:52:32,160 --> 08:52:35,718 along with a low cost per click to get 13497 08:52:34,200 --> 08:52:37,398 things profitable the good news is that 13498 08:52:35,718 --> 08:52:39,638 there's some very specific levers that 13499 08:52:37,398 --> 08:52:41,920 we're able to pull in order to increase 13500 08:52:39,638 --> 08:52:44,120 our average order value and looking at 13501 08:52:41,920 --> 08:52:45,638 our mirror board here that's linked 13502 08:52:44,120 --> 08:52:48,718 somewhere around this video but we've 13503 08:52:45,638 --> 08:52:51,840 looked at it already in this course um 13504 08:52:48,718 --> 08:52:53,558 at the site optimization phase some of 13505 08:52:51,840 --> 08:52:55,600 the levers that we can pull to increase 13506 08:52:53,558 --> 08:52:57,318 our average order value which really 13507 08:52:55,600 --> 08:53:00,360 just comes down to the psychology of how 13508 08:52:57,318 --> 08:53:02,558 do we get people to buy more of what we 13509 08:53:00,360 --> 08:53:04,238 offer on the site at a very basic level 13510 08:53:02,558 --> 08:53:05,958 and this looks different depending on 13511 08:53:04,238 --> 08:53:07,558 what products you're selling but for 13512 08:53:05,958 --> 08:53:10,958 print on demand for example if we're 13513 08:53:07,558 --> 08:53:14,000 selling just t-shirts the biggest thing 13514 08:53:10,958 --> 08:53:16,000 by far is the product catalog so it's 13515 08:53:14,000 --> 08:53:17,840 not even anything that you can change 13516 08:53:16,000 --> 08:53:19,600 like in the site layout or theme like 13517 08:53:17,840 --> 08:53:21,360 you could tweak all the little buttons 13518 08:53:19,600 --> 08:53:24,520 and colors and stuff till you're blue in 13519 08:53:21,360 --> 08:53:27,040 the face but if you only have 10 designs 13520 08:53:24,520 --> 08:53:28,280 for a dramatic example then obviously 13521 08:53:27,040 --> 08:53:30,920 your average order value is going to be 13522 08:53:28,280 --> 08:53:33,478 low and but if you have a catalog and 13523 08:53:30,920 --> 08:53:35,520 this is number one a catalog of 50 to 75 13524 08:53:33,478 --> 08:53:37,520 products that gives you a wide variety 13525 08:53:35,520 --> 08:53:40,398 for customers to choose from so if 13526 08:53:37,520 --> 08:53:42,600 somebody clicks on your shirt in an ad 13527 08:53:40,398 --> 08:53:44,318 say it's the like I like coffee and 13528 08:53:42,600 --> 08:53:46,160 maybe three other people they click on 13529 08:53:44,318 --> 08:53:48,878 the shirt they land on the collection 13530 08:53:46,160 --> 08:53:50,200 page and they see that product they 13531 08:53:48,878 --> 08:53:51,478 added to their cart they're happy with 13532 08:53:50,200 --> 08:53:53,520 it and then they look around at the 13533 08:53:51,478 --> 08:53:55,920 other nine products you have and it's 13534 08:53:53,520 --> 08:53:57,840 all like just patterns and Designs the 13535 08:53:55,920 --> 08:54:00,160 kind of person who was interested in the 13536 08:53:57,840 --> 08:54:01,718 typography based humor design is not 13537 08:54:00,160 --> 08:54:04,760 going to be interested in like our 13538 08:54:01,718 --> 08:54:06,440 floral pattern designs and vice versa if 13539 08:54:04,760 --> 08:54:08,238 somebody clicks on a floral pattern 13540 08:54:06,440 --> 08:54:09,920 design in an ad then they land and it's 13541 08:54:08,238 --> 08:54:11,840 just like I like coffee and three other 13542 08:54:09,920 --> 08:54:13,000 people and like nine other designs like 13543 08:54:11,840 --> 08:54:15,200 that we're going to have a really low 13544 08:54:13,000 --> 08:54:17,000 average order value and we could fix all 13545 08:54:15,200 --> 08:54:19,638 the other things on this list like 13546 08:54:17,000 --> 08:54:21,120 perfectly but if there's nothing else 13547 08:54:19,638 --> 08:54:22,478 complimentary that customer be 13548 08:54:21,120 --> 08:54:24,840 interested in they're always just going 13549 08:54:22,478 --> 08:54:25,798 to buy the one thing and leave and 13550 08:54:24,840 --> 08:54:27,680 that's something you'll probably run 13551 08:54:25,798 --> 08:54:29,840 into as you get your first like scaling 13552 08:54:27,680 --> 08:54:31,520 or viral product is you'll get a ton of 13553 08:54:29,840 --> 08:54:33,520 people coming to the site buying just 13554 08:54:31,520 --> 08:54:35,080 that and then bouncing and that can be 13555 08:54:33,520 --> 08:54:36,840 frustrating at first but the quickest 13556 08:54:35,080 --> 08:54:39,398 and easiest way to fix that is to look 13557 08:54:36,840 --> 08:54:41,080 at that top selling design see what is 13558 08:54:39,398 --> 08:54:43,238 it about it that's getting it to sell 13559 08:54:41,080 --> 08:54:46,080 why is it going viral is it funny is it 13560 08:54:43,238 --> 08:54:48,478 unique is it beautiful whatever and is 13561 08:54:46,080 --> 08:54:49,958 it like about current events is it 13562 08:54:48,478 --> 08:54:52,080 something specific that just happened in 13563 08:54:49,958 --> 08:54:53,760 the new whatever it is and then make 50 13564 08:54:52,080 --> 08:54:56,238 more designs like that along the same 13565 08:54:53,760 --> 08:54:57,920 lines something funny similar design 13566 08:54:56,238 --> 08:54:59,520 style whatever it is about that design 13567 08:54:57,920 --> 08:55:01,200 make a bunch more like that and I 13568 08:54:59,520 --> 08:55:03,120 guarantee your average order value will 13569 08:55:01,200 --> 08:55:04,958 shoot through the roof I've dealt with 13570 08:55:03,120 --> 08:55:06,398 that exact scenario too many times to 13571 08:55:04,958 --> 08:55:08,040 count so I'm going to keep coming back 13572 08:55:06,398 --> 08:55:09,440 to especially for print on demand it's 13573 08:55:08,040 --> 08:55:11,360 about the product catalog for any 13574 08:55:09,440 --> 08:55:12,600 business it's about your products but 13575 08:55:11,360 --> 08:55:14,680 especially for print on demand 13576 08:55:12,600 --> 08:55:17,200 optimizing average order value the size 13577 08:55:14,680 --> 08:55:19,680 and relevancy of your cataloges is 13578 08:55:17,200 --> 08:55:21,478 crucial next is your product pricing so 13579 08:55:19,680 --> 08:55:23,600 we can either get people to buy more 13580 08:55:21,478 --> 08:55:25,440 products or we can just charge more for 13581 08:55:23,600 --> 08:55:27,680 those products if we were to increase 13582 08:55:25,440 --> 08:55:28,958 our shirt prices to $100 probably 13583 08:55:27,680 --> 08:55:30,600 wouldn't sell too many shirts but we 13584 08:55:28,958 --> 08:55:32,318 would have at minimum an average order 13585 08:55:30,600 --> 08:55:33,840 value of 100 bucks so that's another way 13586 08:55:32,318 --> 08:55:35,600 we can increase it we'll talk about 13587 08:55:33,840 --> 08:55:37,318 pricing psychology in a different lesson 13588 08:55:35,600 --> 08:55:39,040 but I recommend doing split tests once 13589 08:55:37,318 --> 08:55:41,040 you get up and running to find what The 13590 08:55:39,040 --> 08:55:44,200 Sweet Spot is for your own store but for 13591 08:55:41,040 --> 08:55:46,360 us around 26.99 to 30ish in that 13592 08:55:44,200 --> 08:55:49,080 ballpark is a pretty good sweet spot 13593 08:55:46,360 --> 08:55:51,238 next is product bundles and cross sales 13594 08:55:49,080 --> 08:55:54,360 SL product recommendations so these are 13595 08:55:51,238 --> 08:55:56,440 huge like on our site that we just set 13596 08:55:54,360 --> 08:55:58,558 up we have a very barebone site for now 13597 08:55:56,440 --> 08:56:00,840 obviously but sections like this down 13598 08:55:58,558 --> 08:56:02,958 here are really important and we're 13599 08:56:00,840 --> 08:56:04,280 going to be adding more of these like 13600 08:56:02,958 --> 08:56:05,520 customer also bought we're going to add 13601 08:56:04,280 --> 08:56:07,238 frequently bought together like 13602 08:56:05,520 --> 08:56:09,080 intelligent cross cells and upsells 13603 08:56:07,238 --> 08:56:10,600 where it learns those types of things 13604 08:56:09,080 --> 08:56:12,840 like the example I was giving of I like 13605 08:56:10,600 --> 08:56:14,878 coffee and three people and it'll learn 13606 08:56:12,840 --> 08:56:17,680 that people who bought this shirt also 13607 08:56:14,878 --> 08:56:19,680 bought other funny stuff and will add 13608 08:56:17,680 --> 08:56:21,200 sections where you can cross sell those 13609 08:56:19,680 --> 08:56:23,440 items and give intelligent 13610 08:56:21,200 --> 08:56:25,760 recommendations next is post-p purchase 13611 08:56:23,440 --> 08:56:27,160 upsells which honestly we haven't done 13612 08:56:25,760 --> 08:56:29,360 too much of this we definitely do a 13613 08:56:27,160 --> 08:56:31,558 better job of it but using an app such 13614 08:56:29,360 --> 08:56:33,238 as oneclick upsell after a customer 13615 08:56:31,558 --> 08:56:34,958 checks out instead of just showing them 13616 08:56:33,238 --> 08:56:37,120 your normal thank you like order 13617 08:56:34,958 --> 08:56:38,760 confirmation page you can then hit them 13618 08:56:37,120 --> 08:56:40,398 with since you bought this shirt would 13619 08:56:38,760 --> 08:56:42,798 you like to add this shirt to your cart 13620 08:56:40,398 --> 08:56:45,160 or to your order in one click um for 13621 08:56:42,798 --> 08:56:46,600 like 20% off or something like that and 13622 08:56:45,160 --> 08:56:48,398 that can be a really good way I've used 13623 08:56:46,600 --> 08:56:49,920 that on other brands like if you buy 13624 08:56:48,398 --> 08:56:52,558 then show them like a t-shirt of the 13625 08:56:49,920 --> 08:56:55,160 month subscription and even if you get 13626 08:56:52,558 --> 08:56:57,318 five or 10% of your customers to take it 13627 08:56:55,160 --> 08:56:59,558 then that's a really nice bump to your 13628 08:56:57,318 --> 08:57:00,760 your overall average order value and I'm 13629 08:56:59,558 --> 08:57:03,600 not sure if I mentioned this but our 13630 08:57:00,760 --> 08:57:05,600 Target we want to be around $40 to $45 13631 08:57:03,600 --> 08:57:07,638 for a print on demand store it varies 13632 08:57:05,600 --> 08:57:09,478 completely based on the brand and the 13633 08:57:07,638 --> 08:57:13,040 product you're selling but we want to be 13634 08:57:09,478 --> 08:57:15,080 around 40 to $45 because not not only is 13635 08:57:13,040 --> 08:57:16,798 it more revenue for us but it's also uh 13636 08:57:15,080 --> 08:57:19,478 cheaper cost the good sold because we 13637 08:57:16,798 --> 08:57:22,040 pay less for the second third fourth and 13638 08:57:19,478 --> 08:57:23,680 so on products in an order the first 13639 08:57:22,040 --> 08:57:26,120 product shipping is by far the most 13640 08:57:23,680 --> 08:57:28,238 expensive next is subscriptions like I I 13641 08:57:26,120 --> 08:57:30,000 just mentioned so t-shirt of the month 13642 08:57:28,238 --> 08:57:32,160 like buyer club that sort of thing 13643 08:57:30,000 --> 08:57:34,398 that's a good option next one which we 13644 08:57:32,160 --> 08:57:36,440 already set up is free shipping over X 13645 08:57:34,398 --> 08:57:39,360 number dollars incentivizing people that 13646 08:57:36,440 --> 08:57:42,160 if you spend x amount then you get like 13647 08:57:39,360 --> 08:57:44,440 a free shipping and what that does is as 13648 08:57:42,160 --> 08:57:46,878 you add to cart they know that okay if I 13649 08:57:44,440 --> 08:57:48,798 add two more shirts to my cart then I 13650 08:57:46,878 --> 08:57:50,000 get free shipping which is an incentive 13651 08:57:48,798 --> 08:57:51,840 for the customer it's a better 13652 08:57:50,000 --> 08:57:53,920 experience but it's also for us if 13653 08:57:51,840 --> 08:57:55,000 somebody's buying three shirts then 13654 08:57:53,920 --> 08:57:56,600 that's that's a really good average 13655 08:57:55,000 --> 08:57:59,200 order value and it's something that we 13656 08:57:56,600 --> 08:58:02,478 can afford to foot the shipping cost for 13657 08:57:59,200 --> 08:58:05,958 but uh we strategically chose the 13658 08:58:02,478 --> 08:58:08,440 $75 uh threshold because that's a number 13659 08:58:05,958 --> 08:58:10,440 where they have to buy uh three shirts 13660 08:58:08,440 --> 08:58:12,440 in order to reach it uh we could set it 13661 08:58:10,440 --> 08:58:14,080 to 85 but that feels like a higher 13662 08:58:12,440 --> 08:58:16,000 number and they would still because of 13663 08:58:14,080 --> 08:58:17,680 our pricing they would still have to 13664 08:58:16,000 --> 08:58:19,478 just buy three shirts in order to hit it 13665 08:58:17,680 --> 08:58:21,798 so we set it to the lowest possible 13666 08:58:19,478 --> 08:58:23,398 threshold to give them the lowest uh 13667 08:58:21,798 --> 08:58:25,958 looking number which actually we could 13668 08:58:23,398 --> 08:58:29,040 even we make it like $70 free shipping 13669 08:58:25,958 --> 08:58:30,440 or 65 we could set it at 65 that might 13670 08:58:29,040 --> 08:58:32,360 look even lower to people and they would 13671 08:58:30,440 --> 08:58:35,238 still have to buy three in order to hit 13672 08:58:32,360 --> 08:58:38,238 that next up this doesn't quite apply 13673 08:58:35,238 --> 08:58:40,120 for uh print on demand like t-shirts but 13674 08:58:38,238 --> 08:58:42,520 volume discounts so if you buy five you 13675 08:58:40,120 --> 08:58:44,440 get 5% off like we used to have a a 13676 08:58:42,520 --> 08:58:45,478 socks brand and that worked really well 13677 08:58:44,440 --> 08:58:46,958 you have to cap it at a certain 13678 08:58:45,478 --> 08:58:48,558 threshold but you see these kind of 13679 08:58:46,958 --> 08:58:50,718 incentives all over the place these are 13680 08:58:48,558 --> 08:58:52,360 like the most common ways that people or 13681 08:58:50,718 --> 08:58:54,478 sites will upsell you and increase your 13682 08:58:52,360 --> 08:58:56,920 average order value but you start to see 13683 08:58:54,478 --> 08:58:59,600 everywhere like incart upsells cross 13684 08:58:56,920 --> 08:59:01,160 cells we go to gym shark which they're 13685 08:58:59,600 --> 08:59:03,280 one of the top Shopify stores in the 13686 08:59:01,160 --> 08:59:04,520 world let's see if we can notice all of 13687 08:59:03,280 --> 08:59:06,200 the ways they're increasing their 13688 08:59:04,520 --> 08:59:09,478 average order value number one free 13689 08:59:06,200 --> 08:59:11,798 shipping over $75 let's say I like these 13690 08:59:09,478 --> 08:59:13,360 go to these pants look reminding me of 13691 08:59:11,798 --> 08:59:15,878 my free shipping level that I have to 13692 08:59:13,360 --> 08:59:18,318 hit and then they have their standard 13693 08:59:15,878 --> 08:59:20,520 Delivery Express Delivery oh get the 13694 08:59:18,318 --> 08:59:22,440 look I bet they normally have this turn 13695 08:59:20,520 --> 08:59:24,280 into an outfit thing this is boosting 13696 08:59:22,440 --> 08:59:25,840 conversion rate what customers say and 13697 08:59:24,280 --> 08:59:28,520 then they have you might like so these 13698 08:59:25,840 --> 08:59:29,840 are custom recommendations for me even 13699 08:59:28,520 --> 08:59:31,440 though I just looked at one product so 13700 08:59:29,840 --> 08:59:33,558 it's not very broad but custom 13701 08:59:31,440 --> 08:59:35,920 recommendations for me and then more 13702 08:59:33,558 --> 08:59:39,280 cross cells down here and then once I 13703 08:59:35,920 --> 08:59:41,238 add that to bag now it's showing me more 13704 08:59:39,280 --> 08:59:43,398 products that I can add to cart and they 13705 08:59:41,238 --> 08:59:46,398 also have wow they have two now they 13706 08:59:43,398 --> 08:59:48,000 check out they have afterpay so for 13707 08:59:46,398 --> 08:59:49,840 people that probably shouldn't be buying 13708 08:59:48,000 --> 08:59:51,318 a T-shirt and they need to put it on 13709 08:59:49,840 --> 08:59:53,638 basically you can offer pay in 13710 08:59:51,318 --> 08:59:55,878 installments so if you use a company 13711 08:59:53,638 --> 08:59:58,680 like laa or afterpay they charge you a 13712 08:59:55,878 --> 09:00:00,238 higher fee I think it's 6 or 8% but they 13713 08:59:58,680 --> 09:00:02,238 will front the money for your customer 13714 09:00:00,238 --> 09:00:04,040 to be able to buy the product today and 13715 09:00:02,238 --> 09:00:07,120 then it's up to the customer to pay it 13716 09:00:04,040 --> 09:00:09,120 to uh Clara or afterpay in three or four 13717 09:00:07,120 --> 09:00:10,398 equal installments over like the next 13718 09:00:09,120 --> 09:00:12,000 couple of months so that's another way 13719 09:00:10,398 --> 09:00:14,280 you can increase the average order value 13720 09:00:12,000 --> 09:00:16,680 also they just have a massive catalog I 13721 09:00:14,280 --> 09:00:18,718 also like how simple their site is like 13722 09:00:16,680 --> 09:00:20,398 it's not overwhelming yeah it looks good 13723 09:00:18,718 --> 09:00:21,558 and then I'd be willing to bet once I go 13724 09:00:20,398 --> 09:00:23,520 to the cart there's going to be cross 13725 09:00:21,558 --> 09:00:26,360 cells inside the cart if they even let 13726 09:00:23,520 --> 09:00:28,398 me go see the cart checkout securely 13727 09:00:26,360 --> 09:00:29,920 yeah so they add this thing at the top 13728 09:00:28,398 --> 09:00:32,000 when you're on Shopify plus you're able 13729 09:00:29,920 --> 09:00:34,200 to customize your checkout which that's 13730 09:00:32,000 --> 09:00:36,398 how they're able to add like this little 13731 09:00:34,200 --> 09:00:38,238 thing here and notice that it's kind of 13732 09:00:36,398 --> 09:00:40,920 conversion rate related but they use the 13733 09:00:38,238 --> 09:00:43,080 three-step checkout even though Shopify 13734 09:00:40,920 --> 09:00:45,398 claims that the one step is by far the 13735 09:00:43,080 --> 09:00:48,238 best I'm not convinced Shopify okay 13736 09:00:45,398 --> 09:00:50,440 let's go to Graphics so increases 13737 09:00:48,238 --> 09:00:53,160 average order value increases average 13738 09:00:50,440 --> 09:00:56,318 order value there we go more cross cells 13739 09:00:53,160 --> 09:00:57,520 I hit the free Shi shipping wow that's 13740 09:00:56,318 --> 09:01:01,280 this is beautiful I didn't even know 13741 09:00:57,520 --> 09:01:03,398 this was here so once I hit 75 then they 13742 09:01:01,280 --> 09:01:05,680 that's a that's brilliant now if I add 13743 09:01:03,398 --> 09:01:07,440 another just another $63 and I get free 13744 09:01:05,680 --> 09:01:09,160 express shipping wow look at that that 13745 09:01:07,440 --> 09:01:11,200 is so smart see how they're just 13746 09:01:09,160 --> 09:01:13,600 incrementally walking me up compare that 13747 09:01:11,200 --> 09:01:15,080 to a site that to be completely Fair it 13748 09:01:13,600 --> 09:01:16,958 looks like ours right now where we don't 13749 09:01:15,080 --> 09:01:18,920 have that like we don't have that stuff 13750 09:01:16,958 --> 09:01:20,120 set up here it's not tracking the free 13751 09:01:18,920 --> 09:01:22,360 shipping we're going to set up some 13752 09:01:20,120 --> 09:01:24,238 stuff like that but you can see how gym 13753 09:01:22,360 --> 09:01:26,638 shark's just on a different level and 13754 09:01:24,238 --> 09:01:28,760 they're just slowly walking me up the 13755 09:01:26,638 --> 09:01:31,160 value ladder what Maris brownley has a 13756 09:01:28,760 --> 09:01:33,160 really good uh video on this about how 13757 09:01:31,160 --> 09:01:35,318 Apple increases their average order 13758 09:01:33,160 --> 09:01:36,718 value by walking people up the like 13759 09:01:35,318 --> 09:01:38,878 pricing ladder you should go check I'll 13760 09:01:36,718 --> 09:01:41,280 link it around this video somewhere but 13761 09:01:38,878 --> 09:01:44,200 like how the iPad basic starts at 500 13762 09:01:41,280 --> 09:01:46,318 bucks then to you want more storage so 13763 09:01:44,200 --> 09:01:48,000 then that brings it up to 600 bucks then 13764 09:01:46,318 --> 09:01:50,080 once you're at 600 then you might as 13765 09:01:48,000 --> 09:01:51,718 well just get the pro which is 700 and 13766 09:01:50,080 --> 09:01:53,878 once you're at 700 you need to get more 13767 09:01:51,718 --> 09:01:55,958 storage on that so you might as well 13768 09:01:53,878 --> 09:01:58,760 increase the storage and then that's 800 13769 09:01:55,958 --> 09:02:01,558 and you just like very easily go from 13770 09:01:58,760 --> 09:02:03,760 planning to spend 4 to 500 to 800 just 13771 09:02:01,558 --> 09:02:05,478 like that so it's stuff like that really 13772 09:02:03,760 --> 09:02:08,120 adds up but with our stores we're 13773 09:02:05,478 --> 09:02:10,478 keeping it simple just adding a lot more 13774 09:02:08,120 --> 09:02:12,798 better products adding some cross sell 13775 09:02:10,478 --> 09:02:14,398 and upsell apps which there's so many 13776 09:02:12,798 --> 09:02:16,200 that you can check out in the Shopify 13777 09:02:14,398 --> 09:02:18,280 app store we'll talk about some of them 13778 09:02:16,200 --> 09:02:20,718 but feel free to explore them for 13779 09:02:18,280 --> 09:02:20,718 yourself 13780 09:02:20,878 --> 09:02:26,558 too yeah so upsell all kinds of of 13781 09:02:23,958 --> 09:02:28,200 upsell and cross sell apps bundles oh 13782 09:02:26,558 --> 09:02:29,760 that's another good way so that you can 13783 09:02:28,200 --> 09:02:31,520 offer people discounts so they buy a 13784 09:02:29,760 --> 09:02:33,120 bundle of three or four shirts I've 13785 09:02:31,520 --> 09:02:35,000 never been able to to figure out a way 13786 09:02:33,120 --> 09:02:36,798 to do this but or I haven't really tried 13787 09:02:35,000 --> 09:02:38,798 but on Etsy some of the top selling 13788 09:02:36,798 --> 09:02:41,120 products a lot of times are like family 13789 09:02:38,798 --> 09:02:43,600 bundles of designs like not saying you 13790 09:02:41,120 --> 09:02:45,878 can sell us but like a Disney bundle 13791 09:02:43,600 --> 09:02:47,360 where it's like a family of four is 13792 09:02:45,878 --> 09:02:48,798 going to Disney and they can get each of 13793 09:02:47,360 --> 09:02:50,920 their names on it and it's like 13794 09:02:48,798 --> 09:02:53,600 different sizes for each of the shirts 13795 09:02:50,920 --> 09:02:54,718 it' be interesting to try I'm not if you 13796 09:02:53,600 --> 09:02:56,238 could figure out how to set up the 13797 09:02:54,718 --> 09:02:58,718 Fulfillment for that kind of store could 13798 09:02:56,238 --> 09:03:00,318 crush that or customizable products I've 13799 09:02:58,718 --> 09:03:02,878 never dipped into that but there's a 13800 09:03:00,318 --> 09:03:04,600 massive de demand for it on Etsy and 13801 09:03:02,878 --> 09:03:06,318 almost anytime there's a massive demand 13802 09:03:04,600 --> 09:03:08,238 for something on Etsy you can do really 13803 09:03:06,318 --> 09:03:09,920 well with it in Facebook ads so there 13804 09:03:08,238 --> 09:03:11,238 you have it there couple of different 13805 09:03:09,920 --> 09:03:13,718 ways so you can optimize your average 13806 09:03:11,238 --> 09:03:15,680 order value over time the biggest way 13807 09:03:13,718 --> 09:03:17,360 again is just increasing your product 13808 09:03:15,680 --> 09:03:20,440 catalog like last thing I'll mention is 13809 09:03:17,360 --> 09:03:22,200 Yoga day we were just selling T-shirts 13810 09:03:20,440 --> 09:03:23,920 and that was it on the site and our 13811 09:03:22,200 --> 09:03:26,398 average order value was around like $ 13812 09:03:23,920 --> 09:03:28,920 40ish Dollar then as soon as we added 13813 09:03:26,398 --> 09:03:32,080 yoga pants it jumped up to 50 bucks and 13814 09:03:28,920 --> 09:03:34,398 then once we added uh yoga mats then it 13815 09:03:32,080 --> 09:03:36,160 jumped up to 70 bucks took a huge jump 13816 09:03:34,398 --> 09:03:38,080 cuz they were pricier and what we found 13817 09:03:36,160 --> 09:03:40,958 is that while people won't come to the 13818 09:03:38,080 --> 09:03:43,360 site and buy five shirts they might buy 13819 09:03:40,958 --> 09:03:45,280 two shirts a tank top a pair of yoga 13820 09:03:43,360 --> 09:03:47,238 pants and a yoga mat they're getting a 13821 09:03:45,280 --> 09:03:49,040 bunch of different products but for us 13822 09:03:47,238 --> 09:03:51,638 it looks the same average order value 13823 09:03:49,040 --> 09:03:53,280 wise like gets it up to $75 $80 13824 09:03:51,638 --> 09:03:55,120 completely different running ads for a 13825 09:03:53,280 --> 09:03:57,120 business with with an $80 average order 13826 09:03:55,120 --> 09:03:58,478 value compared to 40 it's so much easier 13827 09:03:57,120 --> 09:03:59,920 I'm not saying to go out and start 13828 09:03:58,478 --> 09:04:01,840 sourcing a bunch of products right out 13829 09:03:59,920 --> 09:04:03,440 of the gate but down the road if average 13830 09:04:01,840 --> 09:04:05,440 order value is a real bottleneck and 13831 09:04:03,440 --> 09:04:07,878 you've had some success already like 13832 09:04:05,440 --> 09:04:09,760 you've seen signs of Hope with the store 13833 09:04:07,878 --> 09:04:11,718 then it's definitely something to 13834 09:04:09,760 --> 09:04:13,360 consider but that's it for average order 13835 09:04:11,718 --> 09:04:16,360 value and I'll see you in the next 13836 09:04:13,360 --> 09:04:16,360 lesson 13837 09:04:16,590 --> 09:04:22,349 [Music] 13838 09:04:24,410 --> 09:04:27,718 [Music] 13839 09:04:25,878 --> 09:04:30,398 conversion rate optimization this is 13840 09:04:27,718 --> 09:04:32,280 going to be an action-packed lesson so 13841 09:04:30,398 --> 09:04:35,840 let's get right into it so conversion 13842 09:04:32,280 --> 09:04:38,200 rate optimization better known as cro or 13843 09:04:35,840 --> 09:04:39,878 CR is something that gets a lot of 13844 09:04:38,200 --> 09:04:41,878 airtime when it comes to e-commerce 13845 09:04:39,878 --> 09:04:44,200 trainings and I find that there's a lot 13846 09:04:41,878 --> 09:04:45,958 of things that get skipped over that are 13847 09:04:44,200 --> 09:04:48,080 like loow hanging fruits and could 13848 09:04:45,958 --> 09:04:50,478 really be undercutting your site's 13849 09:04:48,080 --> 09:04:52,520 ability to convert visitors into 13850 09:04:50,478 --> 09:04:53,798 customers and I'm going to share from my 13851 09:04:52,520 --> 09:04:56,638 personal experience things that of 13852 09:04:53,798 --> 09:04:58,200 hamstrung me first and foremost is the 13853 09:04:56,638 --> 09:04:59,798 sight speed that was something that for 13854 09:04:58,200 --> 09:05:02,558 the longest time I was not checking or 13855 09:04:59,798 --> 09:05:05,000 being aware of and a sight speed that is 13856 09:05:02,558 --> 09:05:07,120 super slow can it just destroys 13857 09:05:05,000 --> 09:05:09,200 everything Amazon found that for every 1 13858 09:05:07,120 --> 09:05:12,360 second that their site took to load they 13859 09:05:09,200 --> 09:05:14,360 lost like 15% drop off rate so optimize 13860 09:05:12,360 --> 09:05:16,798 the site speed which you can check very 13861 09:05:14,360 --> 09:05:18,600 easily by going to online store we don't 13862 09:05:16,798 --> 09:05:20,318 have a score yet cuz we just made it but 13863 09:05:18,600 --> 09:05:22,638 it'll show up right here and you want to 13864 09:05:20,318 --> 09:05:24,718 make sure that this is at least in the 13865 09:05:22,638 --> 09:05:26,638 like normal range anytime I've had a 13866 09:05:24,718 --> 09:05:28,638 store where it gets slower the 13867 09:05:26,638 --> 09:05:30,398 conversion rate normally plummets and 13868 09:05:28,638 --> 09:05:32,000 the reason for that is if you think 13869 09:05:30,398 --> 09:05:33,520 about it logically it's like we're 13870 09:05:32,000 --> 09:05:35,200 putting ads in front of people who are 13871 09:05:33,520 --> 09:05:36,760 scrolling on social media like they're 13872 09:05:35,200 --> 09:05:38,318 already scatterbrained I don't know 13873 09:05:36,760 --> 09:05:40,478 about you guys but but when I'm like 13874 09:05:38,318 --> 09:05:43,398 Doom scrolling on Tik Tok or Instagram 13875 09:05:40,478 --> 09:05:45,600 or whatever I I'm not in a very patient 13876 09:05:43,398 --> 09:05:47,878 mood or like heads space to like give a 13877 09:05:45,600 --> 09:05:49,440 site a lot of time to load I like click 13878 09:05:47,878 --> 09:05:51,080 it I want to see it immediately 13879 09:05:49,440 --> 09:05:53,680 otherwise I'm leaving and that's how 13880 09:05:51,080 --> 09:05:55,520 everybody else is and 80% of our traffic 13881 09:05:53,680 --> 09:05:57,280 for mobile so it's people sitting there 13882 09:05:55,520 --> 09:05:59,798 scrolling on their phones you need to 13883 09:05:57,280 --> 09:06:01,878 show them a fast like instantly loading 13884 09:05:59,798 --> 09:06:03,638 website as much as possible second thing 13885 09:06:01,878 --> 09:06:05,478 that really impacts our conversion rate 13886 09:06:03,638 --> 09:06:07,760 that people may or may not be aware of 13887 09:06:05,478 --> 09:06:09,238 is the optimization for the ads that 13888 09:06:07,760 --> 09:06:11,840 we're setting up now we're going to talk 13889 09:06:09,238 --> 09:06:14,640 about the ads a lot in the marketing 13890 09:06:11,840 --> 09:06:15,800 module but it Bears repeating here when 13891 09:06:14,640 --> 09:06:17,238 we're talking about conversion rate 13892 09:06:15,800 --> 09:06:19,040 because there were a lot of times where 13893 09:06:17,238 --> 09:06:20,878 I would be running my stores and 13894 09:06:19,040 --> 09:06:22,160 conversion rate would take a dip for one 13895 09:06:20,878 --> 09:06:24,078 reason or another and I would start 13896 09:06:22,160 --> 09:06:25,758 tweaking things on the website 13897 09:06:24,078 --> 09:06:27,800 and I would start like making changes 13898 09:06:25,758 --> 09:06:29,878 split testing pricing changing button 13899 09:06:27,800 --> 09:06:32,438 color just like all over the place and 13900 09:06:29,878 --> 09:06:34,320 it wasn't until I felt like I tested 13901 09:06:32,438 --> 09:06:35,918 everything that I finally took a step 13902 09:06:34,320 --> 09:06:38,278 back and looked at it from a 10,000 ft 13903 09:06:35,918 --> 09:06:41,040 View and realized like for example that 13904 09:06:38,278 --> 09:06:43,520 I had set up my ads for a traffic 13905 09:06:41,040 --> 09:06:45,918 objective simple honest mistake but 13906 09:06:43,520 --> 09:06:47,360 brutally impactful for our conversion 13907 09:06:45,918 --> 09:06:48,758 rate because if I'm sending people to 13908 09:06:47,360 --> 09:06:50,960 the website that are optimized for 13909 09:06:48,758 --> 09:06:52,398 traffic and not for buyers then of 13910 09:06:50,960 --> 09:06:55,000 course it's not going to convert at all 13911 09:06:52,398 --> 09:06:56,558 so looking at our advertising and our 13912 09:06:55,000 --> 09:06:59,122 website's conversion rate from a 13913 09:06:56,558 --> 09:07:00,918 holistic standpoint is crucial when it 13914 09:06:59,122 --> 09:07:02,918 comes to conversion rate optimization 13915 09:07:00,918 --> 09:07:04,558 and along that same line is once if 13916 09:07:02,918 --> 09:07:06,878 you're launching with a brand new pixel 13917 09:07:04,558 --> 09:07:08,758 meaning Facebook Tik Tok whoever doesn't 13918 09:07:06,878 --> 09:07:10,878 know who your buyer is then you're you 13919 09:07:08,758 --> 09:07:13,122 can expect a much lower conversion rate 13920 09:07:10,878 --> 09:07:15,480 over time it'll pick up and it'll start 13921 09:07:13,122 --> 09:07:16,960 to figure out who's who but in the 13922 09:07:15,480 --> 09:07:18,758 beginning you definitely expect a 13923 09:07:16,960 --> 09:07:21,122 slightly lower conversion rate and it 13924 09:07:18,758 --> 09:07:22,800 should improve with time third thing is 13925 09:07:21,122 --> 09:07:24,718 recognizing that different countries 13926 09:07:22,800 --> 09:07:26,320 have different conversion rates 13927 09:07:24,718 --> 09:07:28,438 especially depending on how your site is 13928 09:07:26,320 --> 09:07:30,122 optimized and nothing against these 13929 09:07:28,438 --> 09:07:31,758 countries but like India Trinidad and 13930 09:07:30,122 --> 09:07:33,558 Tobago Pakistan if you're getting 13931 09:07:31,758 --> 09:07:36,680 traffic from those sites your conversion 13932 09:07:33,558 --> 09:07:38,960 rate is going to be sub 1% like you'll 13933 09:07:36,680 --> 09:07:40,520 get two to 3 Cent cost per link clicks 13934 09:07:38,960 --> 09:07:42,680 but it's not going to convert at all 13935 09:07:40,520 --> 09:07:44,278 that's a fringe scenario because you can 13936 09:07:42,680 --> 09:07:46,398 easily make sure that you're not getting 13937 09:07:44,278 --> 09:07:48,000 that traffic in your ad account but 13938 09:07:46,398 --> 09:07:50,200 something else to be aware of the next 13939 09:07:48,000 --> 09:07:52,078 big mistake that I see is when we're 13940 09:07:50,200 --> 09:07:53,918 optimizing our conversion rate and I was 13941 09:07:52,078 --> 09:07:55,960 the same way when I got started don't 13942 09:07:53,918 --> 09:07:58,598 look at your conversion rate as just one 13943 09:07:55,960 --> 09:08:00,840 number look at your conversion rate as a 13944 09:07:58,598 --> 09:08:02,840 subset of each of the numbers so we have 13945 09:08:00,840 --> 09:08:04,360 our add to cart rate which is the 13946 09:08:02,840 --> 09:08:05,878 percentage of people who viewed the 13947 09:08:04,360 --> 09:08:07,960 website on the collection page or 13948 09:08:05,878 --> 09:08:09,598 product page and added to cart so just 13949 09:08:07,960 --> 09:08:11,480 clicking that add to cart button that's 13950 09:08:09,598 --> 09:08:13,758 that percentage there so the number of 13951 09:08:11,480 --> 09:08:16,200 people who did that divided by the total 13952 09:08:13,758 --> 09:08:19,078 number of visitors second thing is the 13953 09:08:16,200 --> 09:08:21,758 reach checkout rate so out of say we had 13954 09:08:19,078 --> 09:08:23,840 10 people add to cart so it's 10% add to 13955 09:08:21,758 --> 09:08:26,398 cart rate on 100 sessions if we had five 13956 09:08:23,840 --> 09:08:28,758 of those people reach checkout so that 13957 09:08:26,398 --> 09:08:31,160 just made me an add to cart now if I 13958 09:08:28,758 --> 09:08:33,800 click check out then I would become a 13959 09:08:31,160 --> 09:08:35,480 reach checkout metric so check out now 13960 09:08:33,800 --> 09:08:37,520 I've reached checkout but there's going 13961 09:08:35,480 --> 09:08:39,438 to be some people that are going to add 13962 09:08:37,520 --> 09:08:42,360 to cart and then for whatever reason get 13963 09:08:39,438 --> 09:08:44,758 cold feet and leave and then if I add to 13964 09:08:42,360 --> 09:08:46,000 cart reach checkout and then I enter all 13965 09:08:44,758 --> 09:08:48,438 my information get all the way through 13966 09:08:46,000 --> 09:08:51,238 to the end and then I click pay now then 13967 09:08:48,438 --> 09:08:53,398 I become a conversion so there's add to 13968 09:08:51,238 --> 09:08:54,918 cart reach checkout and then converted 13969 09:08:53,398 --> 09:08:57,680 checkout and the reason it's so 13970 09:08:54,918 --> 09:09:00,718 important to break these down is because 13971 09:08:57,680 --> 09:09:02,438 it paints a very clear picture for us of 13972 09:09:00,718 --> 09:09:04,480 where we should be spending our time if 13973 09:09:02,438 --> 09:09:07,040 we have a really low conversion rate say 13974 09:09:04,480 --> 09:09:08,718 we're at 1% and we're trying to fix that 13975 09:09:07,040 --> 09:09:10,718 it would be very easy for us to just 13976 09:09:08,718 --> 09:09:12,800 jump in the sight and start messing with 13977 09:09:10,718 --> 09:09:14,078 our button colors and moving stuff 13978 09:09:12,800 --> 09:09:15,918 around and I think the whole sight's 13979 09:09:14,078 --> 09:09:17,398 broken but then if we see that say we're 13980 09:09:15,918 --> 09:09:19,520 trying to troubleshoot this and our 13981 09:09:17,398 --> 09:09:21,840 conversion rate is really low but our 13982 09:09:19,520 --> 09:09:23,960 add to cart rate is 20% super high but 13983 09:09:21,840 --> 09:09:27,918 then we see that our reach checkout is 13984 09:09:23,960 --> 09:09:30,278 3% then we can very easily hone in on 13985 09:09:27,918 --> 09:09:31,960 that portion of the process so like we 13986 09:09:30,278 --> 09:09:33,598 know that people are adding to cart find 13987 09:09:31,960 --> 09:09:35,160 so we know it's not like our price point 13988 09:09:33,598 --> 09:09:37,360 it's not our product catalog it's not 13989 09:09:35,160 --> 09:09:39,640 our site speed it's not our button 13990 09:09:37,360 --> 09:09:41,680 colors it's not any of those things we 13991 09:09:39,640 --> 09:09:43,960 know that it's something with like our 13992 09:09:41,680 --> 09:09:45,718 cart drawer or whatever part of that 13993 09:09:43,960 --> 09:09:47,718 process would take people from adding to 13994 09:09:45,718 --> 09:09:49,640 cart to reaching checkout and then 13995 09:09:47,718 --> 09:09:51,438 similarly for sessions converted like 13996 09:09:49,640 --> 09:09:52,640 what are the variables for somebody to 13997 09:09:51,438 --> 09:09:54,078 complete their conversion who's already 13998 09:09:52,640 --> 09:09:56,918 started checking out and those are 13999 09:09:54,078 --> 09:09:58,680 pretty slim it's like the button colors 14000 09:09:56,918 --> 09:10:00,758 like we're talking about optimizing this 14001 09:09:58,680 --> 09:10:02,480 page essentially cuz I reach check out 14002 09:10:00,758 --> 09:10:04,200 but if I don't convert what is it on 14003 09:10:02,480 --> 09:10:06,040 this page that could have stopped me and 14004 09:10:04,200 --> 09:10:08,718 the only levers we can really pull are 14005 09:10:06,040 --> 09:10:10,200 like the colors of these things uh the 14006 09:10:08,718 --> 09:10:11,960 color of this button which that's 14007 09:10:10,200 --> 09:10:14,160 actually a big one that a lot of people 14008 09:10:11,960 --> 09:10:15,878 Miss if it's like blue and everywhere 14009 09:10:14,160 --> 09:10:17,680 else they were clicking like green or 14010 09:10:15,878 --> 09:10:19,800 red add to cart buttons that could throw 14011 09:10:17,680 --> 09:10:21,558 some people off and another big one is 14012 09:10:19,800 --> 09:10:22,918 the shipping price because a lot of 14013 09:10:21,558 --> 09:10:24,840 times the first time people see the 14014 09:10:22,918 --> 09:10:26,640 shipping cost is when they get to this 14015 09:10:24,840 --> 09:10:28,758 to this point and along that same line 14016 09:10:26,640 --> 09:10:30,360 something like subtle that was messing 14017 09:10:28,758 --> 09:10:32,480 up our conversion rate for a while was 14018 09:10:30,360 --> 09:10:34,398 that I had all of our product cost for 14019 09:10:32,480 --> 09:10:35,840 international customers in their home 14020 09:10:34,398 --> 09:10:37,438 currency I spent a lot of time setting 14021 09:10:35,840 --> 09:10:39,598 that up but then I didn't realize that 14022 09:10:37,438 --> 09:10:41,438 my shipping rates I only had one 14023 09:10:39,598 --> 09:10:43,800 shipping rate for everybody and that was 14024 09:10:41,438 --> 09:10:46,278 in US dollars so somebody from the UK 14025 09:10:43,800 --> 09:10:48,000 was checking out in pounds and like they 14026 09:10:46,278 --> 09:10:49,278 were seeing pounds all over the website 14027 09:10:48,000 --> 09:10:51,480 and then they get to the checkout and 14028 09:10:49,278 --> 09:10:52,960 then they see US Dollars like it's 14029 09:10:51,480 --> 09:10:54,640 pretty weird and they're not sure what 14030 09:10:52,960 --> 09:10:56,640 the conversion rate is and they're not 14031 09:10:54,640 --> 09:10:58,238 sure okay is this site legit that I just 14032 09:10:56,640 --> 09:10:59,918 get forwarded somewhere else cuz now I'm 14033 09:10:58,238 --> 09:11:01,598 in dollars like what's going on and they 14034 09:10:59,918 --> 09:11:03,122 would leave as soon as I switched that I 14035 09:11:01,598 --> 09:11:04,360 set up shipping profiles for each 14036 09:11:03,122 --> 09:11:06,520 different country and their native 14037 09:11:04,360 --> 09:11:08,398 currency the conversion rate shot up 14038 09:11:06,520 --> 09:11:10,000 those are the little subtleties that you 14039 09:11:08,398 --> 09:11:12,200 know it takes like really studying your 14040 09:11:10,000 --> 09:11:13,878 add to cart checkout and conversion rate 14041 09:11:12,200 --> 09:11:15,758 to to find those and I was able to 14042 09:11:13,878 --> 09:11:17,480 identify that was the checkout that was 14043 09:11:15,758 --> 09:11:19,278 the issue because I saw that I had good 14044 09:11:17,480 --> 09:11:21,320 add to cart rate and I had a good reach 14045 09:11:19,278 --> 09:11:22,640 checkout rate and it was just the people 14046 09:11:21,320 --> 09:11:23,480 that were people were getting to check 14047 09:11:22,640 --> 09:11:25,320 out but they just were were not 14048 09:11:23,480 --> 09:11:27,718 converting for some reason and then I 14049 09:11:25,320 --> 09:11:29,200 knew that I could look just right here 14050 09:11:27,718 --> 09:11:32,438 and that's where I found the issue all 14051 09:11:29,200 --> 09:11:34,278 right so on to the more like obvious 14052 09:11:32,438 --> 09:11:35,918 issues site load speed we already talked 14053 09:11:34,278 --> 09:11:38,438 about call to action button color 14054 09:11:35,918 --> 09:11:40,840 isolation so we want to make sure that 14055 09:11:38,438 --> 09:11:42,840 our add to cart buttons are a different 14056 09:11:40,840 --> 09:11:45,398 color than anywhere else on the website 14057 09:11:42,840 --> 09:11:48,078 which we have the dynamic I'll show you 14058 09:11:45,398 --> 09:11:50,160 we have the dynamic checkout added right 14059 09:11:48,078 --> 09:11:52,000 now but if I were to add to cart see how 14060 09:11:50,160 --> 09:11:53,758 this is this green doesn't show up 14061 09:11:52,000 --> 09:11:56,640 anywhere else on the website that's 14062 09:11:53,758 --> 09:11:57,800 by Design so that they've studied that 14063 09:11:56,640 --> 09:12:00,398 it's pretty interesting if you want to 14064 09:11:57,800 --> 09:12:02,680 look it up um vital app we actually 14065 09:12:00,398 --> 09:12:04,960 don't use that anymore but that just 14066 09:12:02,680 --> 09:12:06,960 added like trust seals and and stuff 14067 09:12:04,960 --> 09:12:09,558 like that next is social proof and 14068 09:12:06,960 --> 09:12:11,238 customer reviews so on yoga day our 14069 09:12:09,558 --> 09:12:13,438 conversion rate went up pretty 14070 09:12:11,238 --> 09:12:16,438 substantially after we started building 14071 09:12:13,438 --> 09:12:18,480 up a catalog of like customer feedback 14072 09:12:16,438 --> 09:12:20,078 and Plastering that everywhere on the 14073 09:12:18,480 --> 09:12:22,718 website that we could so you see number 14074 09:12:20,078 --> 09:12:24,360 of views cuz people are they're really 14075 09:12:22,718 --> 09:12:25,558 looking especially when they see you for 14076 09:12:24,360 --> 09:12:27,278 the first time they're really looking 14077 09:12:25,558 --> 09:12:28,640 for validation that you're a legit 14078 09:12:27,278 --> 09:12:30,800 company and that you're not just a 14079 09:12:28,640 --> 09:12:33,278 scammer so adding stuff like this after 14080 09:12:30,800 --> 09:12:35,040 you get some sales really helps and it's 14081 09:12:33,278 --> 09:12:37,122 I definitely don't go and come up with 14082 09:12:35,040 --> 09:12:38,320 fake reviews I've gotten some people 14083 09:12:37,122 --> 09:12:40,320 asking like what do I do when I'm 14084 09:12:38,320 --> 09:12:41,718 launching and I don't have any reviews 14085 09:12:40,320 --> 09:12:43,800 just leave it get your friends and 14086 09:12:41,718 --> 09:12:45,840 family to leave reviews if you want to 14087 09:12:43,800 --> 09:12:49,200 but absolutely don't like Forge reviews 14088 09:12:45,840 --> 09:12:51,558 one it's unethical and two it's like 14089 09:12:49,200 --> 09:12:52,960 illegal so pick your poison either one 14090 09:12:51,558 --> 09:12:55,360 of those is pretty good reasons not to 14091 09:12:52,960 --> 09:12:57,598 do it next is multiple payment options 14092 09:12:55,360 --> 09:12:59,480 this is something that impacts the 14093 09:12:57,598 --> 09:13:02,238 checkout or conversion rate but a lot of 14094 09:12:59,480 --> 09:13:04,160 people trust the name PayPal Amazon pay 14095 09:13:02,238 --> 09:13:06,360 Apple pay they trust those names and 14096 09:13:04,160 --> 09:13:08,000 they will check out with PayPal but they 14097 09:13:06,360 --> 09:13:10,160 won't necessarily check out by giving 14098 09:13:08,000 --> 09:13:12,040 their credit card to a random website 14099 09:13:10,160 --> 09:13:14,480 especially if you're in like an older 14100 09:13:12,040 --> 09:13:16,238 demographic they really don't trust like 14101 09:13:14,480 --> 09:13:18,000 entering their credit card information 14102 09:13:16,238 --> 09:13:21,200 but if they see the PayPal button like 14103 09:13:18,000 --> 09:13:23,840 at checkout like we should see on yoga 14104 09:13:21,200 --> 09:13:25,878 day yeah see this PayPal shop pay Google 14105 09:13:23,840 --> 09:13:28,878 pay other op yeah they're on Shopify 14106 09:13:25,878 --> 09:13:30,680 plus so they added uh in checkout cross 14107 09:13:28,878 --> 09:13:32,520 sales that's interesting I don't love 14108 09:13:30,680 --> 09:13:34,840 this purple call to action button but 14109 09:13:32,520 --> 09:13:36,520 it's their store now next is bullet 14110 09:13:34,840 --> 09:13:39,438 point product descriptions slight 14111 09:13:36,520 --> 09:13:43,040 variation on that is we're doing these 14112 09:13:39,438 --> 09:13:44,438 like nested product descriptions and 14113 09:13:43,040 --> 09:13:46,758 like we talked about in the Shopify 14114 09:13:44,438 --> 09:13:48,480 setup section we're doing those like 14115 09:13:46,758 --> 09:13:50,398 they're very targeted at the main 14116 09:13:48,480 --> 09:13:53,278 questions or issues that customer would 14117 09:13:50,398 --> 09:13:55,800 have is the main pain points effectively 14118 09:13:53,278 --> 09:13:57,438 so the product quality shipping speed 14119 09:13:55,800 --> 09:14:00,000 can I trust you like what if I don't 14120 09:13:57,438 --> 09:14:02,278 like it so that's where 30-day guarantee 14121 09:14:00,000 --> 09:14:04,918 returns are free and easy ORD ship out 14122 09:14:02,278 --> 09:14:07,320 quickly and it's high quality products 14123 09:14:04,918 --> 09:14:10,040 so boom answering all the main questions 14124 09:14:07,320 --> 09:14:12,160 and you can look at sites like gym shark 14125 09:14:10,040 --> 09:14:14,200 they've a more simplified approach 14126 09:14:12,160 --> 09:14:16,640 nowadays but they actually this is one 14127 09:14:14,200 --> 09:14:18,718 of the most simple websites I've seen I 14128 09:14:16,640 --> 09:14:19,800 mean it looks great but there I was 14129 09:14:18,718 --> 09:14:21,718 talking about this in the average order 14130 09:14:19,800 --> 09:14:23,360 value training this get the look thing 14131 09:14:21,718 --> 09:14:25,480 they give you the ability to BU bundle 14132 09:14:23,360 --> 09:14:28,078 together products but anyway okay so 14133 09:14:25,480 --> 09:14:31,398 exit intent popup so this is a big one 14134 09:14:28,078 --> 09:14:33,840 that as people are let's open it up in 14135 09:14:31,398 --> 09:14:36,558 Incognito see if we can trigger it so I 14136 09:14:33,840 --> 09:14:39,480 bet that as I scroll up there we go okay 14137 09:14:36,558 --> 09:14:41,598 that was easy so this popup triggers 14138 09:14:39,480 --> 09:14:43,398 some sites do it just when you land on 14139 09:14:41,598 --> 09:14:47,122 the site we normally set ours up to 14140 09:14:43,398 --> 09:14:49,160 trigger as a customer is about to go up 14141 09:14:47,122 --> 09:14:51,160 and hit the x button so it's able to 14142 09:14:49,160 --> 09:14:53,278 track like where my cursor is on the 14143 09:14:51,160 --> 09:14:55,122 screen or if you're on mobile it knows 14144 09:14:53,278 --> 09:14:57,238 like the patterns of somebody who is 14145 09:14:55,122 --> 09:14:59,438 about to hit the back button basically 14146 09:14:57,238 --> 09:15:02,758 and it'll trigger with a discount code 14147 09:14:59,438 --> 09:15:04,438 either 10 to 15% we typically do 15 and 14148 09:15:02,758 --> 09:15:05,800 this will take somebody who was 14149 09:15:04,438 --> 09:15:08,598 potentially going to leave and not turn 14150 09:15:05,800 --> 09:15:10,320 into a sale it gives them a discount or 14151 09:15:08,598 --> 09:15:11,680 at the very least it grabs their email 14152 09:15:10,320 --> 09:15:14,558 information so we can follow up with 14153 09:15:11,680 --> 09:15:16,320 them in the future and this if it's done 14154 09:15:14,558 --> 09:15:18,238 correctly this can really help your 14155 09:15:16,320 --> 09:15:20,160 conversion rate or if it's done poorly 14156 09:15:18,238 --> 09:15:21,918 it can really hurt it cuz there's 14157 09:15:20,160 --> 09:15:24,122 nothing more annoying than visiting a 14158 09:15:21,918 --> 09:15:26,000 website and you just get blasted with 14159 09:15:24,122 --> 09:15:27,758 popups and this site wants to send you 14160 09:15:26,000 --> 09:15:30,640 notifications I'm just like get me out 14161 09:15:27,758 --> 09:15:32,878 of here and so a word of advice on that 14162 09:15:30,640 --> 09:15:35,878 is to check your popups once you set 14163 09:15:32,878 --> 09:15:38,320 them up on desktop and also on mobile so 14164 09:15:35,878 --> 09:15:40,438 a lot of sites I see they don't optimize 14165 09:15:38,320 --> 09:15:42,320 it on mobile and it 80% of the traffic 14166 09:15:40,438 --> 09:15:44,758 is coming from mobile it looks really 14167 09:15:42,320 --> 09:15:46,238 bad it looks super tiny and that hurts 14168 09:15:44,758 --> 09:15:48,640 your conversion rate something else that 14169 09:15:46,238 --> 09:15:51,238 helps conversion rate a lot is your 14170 09:15:48,640 --> 09:15:53,558 abandoned cart so you can set up email 14171 09:15:51,238 --> 09:15:55,878 automation setup to follow up with your 14172 09:15:53,558 --> 09:15:57,558 customers but you can also set up SMS 14173 09:15:55,878 --> 09:15:59,320 banit card we used to use a company 14174 09:15:57,558 --> 09:16:01,480 called live recover taking that out cuz 14175 09:15:59,320 --> 09:16:04,200 we haven't used them in forever now we 14176 09:16:01,480 --> 09:16:06,078 just use clavio and the last thing is 14177 09:16:04,200 --> 09:16:07,438 Google analytics e-commerce tracker 14178 09:16:06,078 --> 09:16:09,598 we're going to be setting that up later 14179 09:16:07,438 --> 09:16:11,878 on but it helps give you a much more 14180 09:16:09,598 --> 09:16:14,160 detailed breakdown of your marketing 14181 09:16:11,878 --> 09:16:16,360 funnel and see exactly where like the 14182 09:16:14,160 --> 09:16:19,438 add to cart initiate checkout conversion 14183 09:16:16,360 --> 09:16:21,918 rate but on steroids helps us see our 14184 09:16:19,438 --> 09:16:23,680 full funnel from end to end and identify 14185 09:16:21,918 --> 09:16:26,122 exactly where people are dropping off 14186 09:16:23,680 --> 09:16:29,718 the most and last but not least a sneaky 14187 09:16:26,122 --> 09:16:32,238 way to impact uh conversion rate is with 14188 09:16:29,718 --> 09:16:33,918 your sight's navigation and not just the 14189 09:16:32,238 --> 09:16:36,598 navigation like the drop- down bars at 14190 09:16:33,918 --> 09:16:38,520 the top that's important but also the 14191 09:16:36,598 --> 09:16:40,438 order of your products in your 14192 09:16:38,520 --> 09:16:42,122 collection I had somebody the other day 14193 09:16:40,438 --> 09:16:44,000 who I was talking to them about their 14194 09:16:42,122 --> 09:16:45,840 ads and they said this one ad is getting 14195 09:16:44,000 --> 09:16:47,680 a lot of clicks like it's really sending 14196 09:16:45,840 --> 09:16:49,360 cheap traffic but nobody's buying and 14197 09:16:47,680 --> 09:16:51,360 his site was already converting decently 14198 09:16:49,360 --> 09:16:53,520 well on other ads so I was like why 14199 09:16:51,360 --> 09:16:55,758 could that be so we looked at the ad and 14200 09:16:53,520 --> 09:16:57,238 was promoting one of his products and he 14201 09:16:55,758 --> 09:16:59,320 was driving traffic to the collection 14202 09:16:57,238 --> 09:17:01,398 page which we do because it has a higher 14203 09:16:59,320 --> 09:17:03,398 average order value and a better 14204 09:17:01,398 --> 09:17:04,918 conversion rate in my experience but 14205 09:17:03,398 --> 09:17:06,840 anyway he was driving traffic to a 14206 09:17:04,918 --> 09:17:08,918 collection page and on that collection 14207 09:17:06,840 --> 09:17:11,398 page that product that he was testing in 14208 09:17:08,918 --> 09:17:13,200 ads it was newer so by default it went 14209 09:17:11,398 --> 09:17:15,960 to the very back of the collection and 14210 09:17:13,200 --> 09:17:17,360 he had eight pages of products and so he 14211 09:17:15,960 --> 09:17:19,320 was driving all this traffic people 14212 09:17:17,360 --> 09:17:21,078 clearly like the design a lot but then 14213 09:17:19,320 --> 09:17:23,000 they were getting to his collection page 14214 09:17:21,078 --> 09:17:25,122 and they were having to scroll for five 14215 09:17:23,000 --> 09:17:28,000 or six seven eight pages in order to 14216 09:17:25,122 --> 09:17:30,160 find it obviously it's not getting any 14217 09:17:28,000 --> 09:17:32,360 conversions nobody's going to go sifting 14218 09:17:30,160 --> 09:17:34,122 through eight pages to get to a product 14219 09:17:32,360 --> 09:17:35,800 and then as soon as he moved it to the 14220 09:17:34,122 --> 09:17:38,122 top of the collection the conversion 14221 09:17:35,800 --> 09:17:40,398 rate shot up that ad started performing 14222 09:17:38,122 --> 09:17:43,878 better and mor of the stories to always 14223 09:17:40,398 --> 09:17:45,800 go from ad to thank you page on desktop 14224 09:17:43,878 --> 09:17:47,718 and on mobile and take note of 14225 09:17:45,800 --> 09:17:49,238 everything as if you were the customer 14226 09:17:47,718 --> 09:17:50,800 don't just follow along with these 14227 09:17:49,238 --> 09:17:53,122 lessons and the trainings and follow the 14228 09:17:50,800 --> 09:17:55,200 right buttons like think for yourself 14229 09:17:53,122 --> 09:17:57,520 look at your store think if I was a 14230 09:17:55,200 --> 09:18:00,438 customer if I was viewing this and more 14231 09:17:57,520 --> 09:18:03,122 so if I was like 60 70 80 years old and 14232 09:18:00,438 --> 09:18:05,360 I have a smaller phone like what would 14233 09:18:03,122 --> 09:18:08,320 this experience look like for me like it 14234 09:18:05,360 --> 09:18:11,078 wasn't until I like saw my grandmother 14235 09:18:08,320 --> 09:18:12,800 scrolling on uh Facebook one time like 14236 09:18:11,078 --> 09:18:14,680 this that it finally hit home for me 14237 09:18:12,800 --> 09:18:16,840 they're like oh that's my customer 14238 09:18:14,680 --> 09:18:19,960 that's what I need to be optimizing for 14239 09:18:16,840 --> 09:18:24,320 I can't be like pulling it up on my big 14240 09:18:19,960 --> 09:18:25,680 old like iPhone te Plus X whatever and 14241 09:18:24,320 --> 09:18:28,000 think oh it looks pretty good here I 14242 09:18:25,680 --> 09:18:30,040 need to really consider who my customer 14243 09:18:28,000 --> 09:18:31,520 is and what does their experience look 14244 09:18:30,040 --> 09:18:33,398 like and put myself in their shoes and 14245 09:18:31,520 --> 09:18:35,840 then build the site around that and as 14246 09:18:33,398 --> 09:18:38,122 soon as I build it into our workflows to 14247 09:18:35,840 --> 09:18:40,000 consistently be running test orders and 14248 09:18:38,122 --> 09:18:42,040 checking all the way from ad like 14249 09:18:40,000 --> 09:18:44,878 generating a preview through to thank 14250 09:18:42,040 --> 09:18:47,438 you page I started noticing uh a lot of 14251 09:18:44,878 --> 09:18:50,598 stuff that very easy quick fixes and 14252 09:18:47,438 --> 09:18:53,040 last conversion rate optimization fix or 14253 09:18:50,598 --> 09:18:55,960 tip is if your conversion rate is low go 14254 09:18:53,040 --> 09:18:58,040 back to this mirror board that I put 14255 09:18:55,960 --> 09:19:00,122 together for you guys that is meant 14256 09:18:58,040 --> 09:19:01,558 specifically for this purpose so that if 14257 09:19:00,122 --> 09:19:03,040 you're ever at a point where your 14258 09:19:01,558 --> 09:19:04,918 conversion rate is low and you're not 14259 09:19:03,040 --> 09:19:07,360 sure what to do you're like just staring 14260 09:19:04,918 --> 09:19:10,718 at your store like okay here it is now 14261 09:19:07,360 --> 09:19:12,398 what do I fix go look at examples of 14262 09:19:10,718 --> 09:19:14,040 what other stores are doing what are 14263 09:19:12,398 --> 09:19:15,520 they doing differently than you what are 14264 09:19:14,040 --> 09:19:18,200 each of the variables that you could 14265 09:19:15,520 --> 09:19:20,520 change like literally everything from 14266 09:19:18,200 --> 09:19:23,200 pricing to mockup to types of designs to 14267 09:19:20,520 --> 09:19:25,200 product catalog to number of products 14268 09:19:23,200 --> 09:19:26,800 per page to what does it look like on 14269 09:19:25,200 --> 09:19:28,240 mobile what does it look like on desktop 14270 09:19:26,800 --> 09:19:29,916 what are their discounts what are their 14271 09:19:28,240 --> 09:19:32,200 offers what's their free shipping 14272 09:19:29,916 --> 09:19:34,640 threshold how fast as their website what 14273 09:19:32,200 --> 09:19:36,840 do their like person mockups look like 14274 09:19:34,640 --> 09:19:39,276 do they have any do they do these fake 14275 09:19:36,840 --> 09:19:40,916 bullshitty discount timers what color 14276 09:19:39,276 --> 09:19:42,960 are their call to action buttons do they 14277 09:19:40,916 --> 09:19:44,916 offer afterpay what are their bullet 14278 09:19:42,960 --> 09:19:46,640 point descriptions look like on their 14279 09:19:44,916 --> 09:19:48,360 website what are their like the pain 14280 09:19:46,640 --> 09:19:50,840 points that they're addressing what kind 14281 09:19:48,360 --> 09:19:53,640 of like BOGO deals are they doing buy 14282 09:19:50,840 --> 09:19:54,756 one get one 50% off and okay if you have 14283 09:19:53,640 --> 09:19:56,560 learned everything you can about the 14284 09:19:54,756 --> 09:19:58,120 websites the other thing that impacts 14285 09:19:56,560 --> 09:19:59,480 conversion rate that we talked about is 14286 09:19:58,120 --> 09:20:01,040 their marketing like where are they 14287 09:19:59,480 --> 09:20:02,880 driving their ads from where is it 14288 09:20:01,040 --> 09:20:05,160 coming from like a website that's built 14289 09:20:02,880 --> 09:20:07,120 for people coming from say Tik Tok is 14290 09:20:05,160 --> 09:20:09,360 going to look very different than a 14291 09:20:07,120 --> 09:20:11,360 website that's built for primarily 14292 09:20:09,360 --> 09:20:13,720 Google shopping traffic as an example 14293 09:20:11,360 --> 09:20:15,360 Google shopping is a slightly older 14294 09:20:13,720 --> 09:20:17,916 demographic Tik Tok is definitely on the 14295 09:20:15,360 --> 09:20:20,320 younger side and there's different types 14296 09:20:17,916 --> 09:20:22,000 of things that would make Google traffic 14297 09:20:20,320 --> 09:20:23,840 convert compared to Tik Tok just 14298 09:20:22,000 --> 09:20:26,480 thinking back to to the my grandmother 14299 09:20:23,840 --> 09:20:28,840 example so there's this board is just a 14300 09:20:26,480 --> 09:20:30,596 plethora of possibilities so I don't 14301 09:20:28,840 --> 09:20:33,120 want to ever hear anybody say I'm not 14302 09:20:30,596 --> 09:20:35,400 sure how to fix my conversion rate it's 14303 09:20:33,120 --> 09:20:38,276 that's not the issue it's like all the 14304 09:20:35,400 --> 09:20:40,160 answers are right here and on this board 14305 09:20:38,276 --> 09:20:43,120 as well there's it's just a matter of 14306 09:20:40,160 --> 09:20:44,480 not testing and putting in the effort to 14307 09:20:43,120 --> 09:20:46,400 try all these things and just wanting 14308 09:20:44,480 --> 09:20:49,400 somebody to drop the answer in your lab 14309 09:20:46,400 --> 09:20:50,960 so don't do that not just because it's 14310 09:20:49,400 --> 09:20:52,880 uh challenging to coach somebody like 14311 09:20:50,960 --> 09:20:54,480 that but because you have to be the kind 14312 09:20:52,880 --> 09:20:56,040 of person who's going to go out and find 14313 09:20:54,480 --> 09:20:58,436 these answers for yourself that's why I 14314 09:20:56,040 --> 09:21:01,000 put together this board as a cheat sheet 14315 09:20:58,436 --> 09:21:03,240 for every answer you can need is on this 14316 09:21:01,000 --> 09:21:04,800 board and the resources we've talked 14317 09:21:03,240 --> 09:21:07,120 about besides this so that's how to 14318 09:21:04,800 --> 09:21:08,210 optimize your conversion rate and I'll 14319 09:21:07,120 --> 09:21:18,240 see you in the next 14320 09:21:08,210 --> 09:21:20,436 [Music] 14321 09:21:18,240 --> 09:21:23,756 lesson let's talk about how we should be 14322 09:21:20,436 --> 09:21:25,276 pricing our products on shop topify now 14323 09:21:23,756 --> 09:21:27,596 there's a lot that could be said about 14324 09:21:25,276 --> 09:21:30,400 this but when it comes to the conceptual 14325 09:21:27,596 --> 09:21:32,560 like pricing psychology and learning how 14326 09:21:30,400 --> 09:21:34,436 that influences consumer Behavior at 14327 09:21:32,560 --> 09:21:36,160 like a subconscious level this is a 14328 09:21:34,436 --> 09:21:37,840 great book that I highly recommend it's 14329 09:21:36,160 --> 09:21:40,520 called influence psychology of 14330 09:21:37,840 --> 09:21:42,120 persuasion by Robert keini amazing book 14331 09:21:40,520 --> 09:21:43,840 I learned a ton from this I'm not going 14332 09:21:42,120 --> 09:21:45,120 to go into all the details but if you're 14333 09:21:43,840 --> 09:21:46,680 interested in learning more highly 14334 09:21:45,120 --> 09:21:48,596 recommend checking that out but the 14335 09:21:46,680 --> 09:21:50,560 quick and dirty of it is you want to 14336 09:21:48,596 --> 09:21:53,120 find a balance between what you can 14337 09:21:50,560 --> 09:21:55,160 afford to charge like what's the minimum 14338 09:21:53,120 --> 09:21:57,720 first figure that out what your cost of 14339 09:21:55,160 --> 09:21:59,520 goods is and then what's the higher end 14340 09:21:57,720 --> 09:22:02,320 what do you see your competitors 14341 09:21:59,520 --> 09:22:04,756 charging and get a full range again this 14342 09:22:02,320 --> 09:22:07,120 mirror board is a great resource to see 14343 09:22:04,756 --> 09:22:09,240 what the competition is charging and to 14344 09:22:07,120 --> 09:22:10,400 get a range of your products so this is 14345 09:22:09,240 --> 09:22:12,320 for print on demand we're selling 14346 09:22:10,400 --> 09:22:13,960 T-shirts we look at our competition here 14347 09:22:12,320 --> 09:22:15,560 if you're selling different products go 14348 09:22:13,960 --> 09:22:17,400 out make your own mirror board get a 14349 09:22:15,560 --> 09:22:18,880 list of all your competition throw it in 14350 09:22:17,400 --> 09:22:20,320 like this and figure out what are your 14351 09:22:18,880 --> 09:22:22,640 cost of goods then what's your 14352 09:22:20,320 --> 09:22:24,320 competition charging and then typically 14353 09:22:22,640 --> 09:22:26,800 you want to be somewhere in between 14354 09:22:24,320 --> 09:22:29,596 unless if you're trying to go for a 14355 09:22:26,800 --> 09:22:31,240 moonshot like Grand Slam brand like a 14356 09:22:29,596 --> 09:22:32,756 brand that will take five plus years of 14357 09:22:31,240 --> 09:22:35,160 building before you start really turning 14358 09:22:32,756 --> 09:22:37,520 a profit these guys are just setting 14359 09:22:35,160 --> 09:22:38,840 their own price point like 155 bucks for 14360 09:22:37,520 --> 09:22:42,640 a t-shirt 14361 09:22:38,840 --> 09:22:45,436 insane like that wow that's really wild 14362 09:22:42,640 --> 09:22:47,560 to me so obviously there's guys like 14363 09:22:45,436 --> 09:22:49,840 this on the far end of the spectrum that 14364 09:22:47,560 --> 09:22:51,160 we're not trying to recreate what we're 14365 09:22:49,840 --> 09:22:54,000 doing what we're learning in this course 14366 09:22:51,160 --> 09:22:56,080 is how to make just consistent base hits 14367 09:22:54,000 --> 09:22:58,276 that are far more reliable and will 14368 09:22:56,080 --> 09:23:00,680 still eventually get us around the bases 14369 09:22:58,276 --> 09:23:02,276 so with that we're looking at a price 14370 09:23:00,680 --> 09:23:04,640 point that's somewhere between our cost 14371 09:23:02,276 --> 09:23:06,360 of goods and the upper end of what our 14372 09:23:04,640 --> 09:23:08,880 competition is charging with that being 14373 09:23:06,360 --> 09:23:10,960 said the cost of goods percentage of 14374 09:23:08,880 --> 09:23:15,436 total revenue that we want to be at the 14375 09:23:10,960 --> 09:23:17,840 aideal range is around 30 to 40 is% 30 14376 09:23:15,436 --> 09:23:20,240 on the low end 40 on the high end we 14377 09:23:17,840 --> 09:23:22,400 used to run it like 50% and it's nearly 14378 09:23:20,240 --> 09:23:24,200 impossible to turn a profit that way so 14379 09:23:22,400 --> 09:23:27,040 so we want to be around 40% what that 14380 09:23:24,200 --> 09:23:30,400 means is if we make $100 in Revenue we 14381 09:23:27,040 --> 09:23:33,240 want $40 of that to be our cost of goods 14382 09:23:30,400 --> 09:23:35,000 so like our printify charges like our 14383 09:23:33,240 --> 09:23:38,160 manufacturing and shipping costs we want 14384 09:23:35,000 --> 09:23:39,560 that to make up 40% overall now the real 14385 09:23:38,160 --> 09:23:40,916 question is how much can we get away 14386 09:23:39,560 --> 09:23:43,320 with charging our 14387 09:23:40,916 --> 09:23:45,916 customer basic answer that I've tested 14388 09:23:43,320 --> 09:23:49,240 and what we' run our stores at is about 14389 09:23:45,916 --> 09:23:51,596 $26.99 for a small through XL gilding 14390 09:23:49,240 --> 09:23:55,040 64,000 soft style now there's some 14391 09:23:51,596 --> 09:23:57,240 stores like this one here busted teas 14392 09:23:55,040 --> 09:23:57,240 they 14393 09:23:57,320 --> 09:24:03,596 charge where's their product 14394 09:23:59,916 --> 09:24:06,240 page $32.99 for and I've ordered test 14395 09:24:03,596 --> 09:24:08,160 orders from this company for a guild in 14396 09:24:06,240 --> 09:24:10,840 5000 which Guild in 5,000 just on 14397 09:24:08,160 --> 09:24:12,960 printify just basic pricing is like a 14398 09:24:10,840 --> 09:24:14,436 dollar cheaper than the guild and 64,000 14399 09:24:12,960 --> 09:24:16,000 we're selling so they have an insane 14400 09:24:14,436 --> 09:24:17,200 margin and I'm just giving this as an 14401 09:24:16,000 --> 09:24:18,800 example not saying you should go out and 14402 09:24:17,200 --> 09:24:20,560 do this cuz they're far more established 14403 09:24:18,800 --> 09:24:23,276 they've been around for five six seven 14404 09:24:20,560 --> 09:24:25,360 years at least and so so yeah to say 14405 09:24:23,276 --> 09:24:28,080 $26.99 is what I found it works for 14406 09:24:25,360 --> 09:24:30,480 small through XL and then 2XL a do or 14407 09:24:28,080 --> 09:24:31,800 two more 3XL another dollar or two more 14408 09:24:30,480 --> 09:24:33,320 and the reason I say that that works is 14409 09:24:31,800 --> 09:24:35,640 because I've run split test using 14410 09:24:33,320 --> 09:24:38,120 software it's called a intell so all 14411 09:24:35,640 --> 09:24:39,840 this app does is I plugged it in and it 14412 09:24:38,120 --> 09:24:42,360 varied the prices of our products for 14413 09:24:39,840 --> 09:24:45,436 each customer and what it found is we 14414 09:24:42,360 --> 09:24:48,320 tested $24.99 for the base price $26.99 14415 09:24:45,436 --> 09:24:50,360 27 and $29.99 on the high end and we 14416 09:24:48,320 --> 09:24:53,520 found Revenue per visitor which is the 14417 09:24:50,360 --> 09:24:56,080 most important metric 78 % likelihood 14418 09:24:53,520 --> 09:24:57,640 that $26.99 was going to be the top 14419 09:24:56,080 --> 09:24:59,640 performing so these are just the 14420 09:24:57,640 --> 09:25:02,520 probabilities let's see the actual 14421 09:24:59,640 --> 09:25:05,880 metrics yeah here it is okay so Revenue 14422 09:25:02,520 --> 09:25:08,720 per site visitor on $26.99 we had 14423 09:25:05,880 --> 09:25:10,840 $186 per site visitor so for every 100 14424 09:25:08,720 --> 09:25:15,000 people that came to the site we made 14425 09:25:10,840 --> 09:25:17,720 $186 in sales and for $27.99 we had $121 14426 09:25:15,000 --> 09:25:19,560 and then for $29.99 we had $134 which 14427 09:25:17,720 --> 09:25:21,520 that's interesting cuz obviously the 14428 09:25:19,560 --> 09:25:23,200 price has a massive impact on your 14429 09:25:21,520 --> 09:25:25,160 conversion rate it's a huge variable to 14430 09:25:23,200 --> 09:25:27,680 play with so the obvious thing average 14431 09:25:25,160 --> 09:25:29,520 product Revenue per unit for $29.99 you 14432 09:25:27,680 --> 09:25:31,680 would expect that to be the highest the 14433 09:25:29,520 --> 09:25:33,200 reason it's not $29.99 or higher is 14434 09:25:31,680 --> 09:25:35,240 because there's discount codes and stuff 14435 09:25:33,200 --> 09:25:38,360 like that and then the average order 14436 09:25:35,240 --> 09:25:41,880 value for each of the prices $29.99 had 14437 09:25:38,360 --> 09:25:44,360 the highest 26.99 was the second highest 14438 09:25:41,880 --> 09:25:46,720 notice how 27.99 kind of gets skipped 14439 09:25:44,360 --> 09:25:48,680 over and $24.99 as well is getting 14440 09:25:46,720 --> 09:25:49,960 crapped on the reason for that a lot of 14441 09:25:48,680 --> 09:25:52,360 this comes down to what I've learned 14442 09:25:49,960 --> 09:25:54,436 from the book influence is there's Psych 14443 09:25:52,360 --> 09:25:57,000 ology around specific numbers and 14444 09:25:54,436 --> 09:25:59,320 numbers that are higher don't always 14445 09:25:57,000 --> 09:26:01,756 necessarily feel higher to us as 14446 09:25:59,320 --> 09:26:03,720 consumers and this is fascinating topic 14447 09:26:01,756 --> 09:26:05,800 to me cuz it really digs into like the 14448 09:26:03,720 --> 09:26:07,840 human psychology behind like why does 14449 09:26:05,800 --> 09:26:10,080 one number feel like more to us compared 14450 09:26:07,840 --> 09:26:13,240 to another one and like for example the 14451 09:26:10,080 --> 09:26:15,680 27 or $24.99 you would think that you 14452 09:26:13,240 --> 09:26:17,560 would be getting more units per order 14453 09:26:15,680 --> 09:26:19,680 because it's cheaper this is the number 14454 09:26:17,560 --> 09:26:22,200 of shirts in the average order at each 14455 09:26:19,680 --> 09:26:25,360 of these price points for some reason 29 14456 09:26:22,200 --> 09:26:28,040 9.99 had the most it had3 more units 14457 09:26:25,360 --> 09:26:30,276 than the next closest but even more 14458 09:26:28,040 --> 09:26:32,960 interesting was our conversion rate so 14459 09:26:30,276 --> 09:26:36,360 the conversion rate for $24.99 the 14460 09:26:32,960 --> 09:26:38,400 cheaper price lost to $26.99 and it 14461 09:26:36,360 --> 09:26:42,756 didn't just lose by a little bit it lost 14462 09:26:38,400 --> 09:26:44,640 by 1.4% which is over 50% of an increase 14463 09:26:42,756 --> 09:26:46,200 which is just wild to me that there's 14464 09:26:44,640 --> 09:26:48,480 something going on where when it's 14465 09:26:46,200 --> 09:26:50,756 $24.99 and we ran this for a week like 14466 09:26:48,480 --> 09:26:53,240 it was a good amount of traffic and it 14467 09:26:50,756 --> 09:26:56,480 for whatever reason converted lower and 14468 09:26:53,240 --> 09:26:58,720 $26.99 had a higher aov that led to a 14469 09:26:56,480 --> 09:27:00,720 substantially higher Revenue per visitor 14470 09:26:58,720 --> 09:27:02,480 so the question to us was should we go 14471 09:27:00,720 --> 09:27:05,360 with $26.99 or 14472 09:27:02,480 --> 09:27:08,916 $29.99 because even though the revenue 14473 09:27:05,360 --> 09:27:11,800 per visitor is higher for $26.99 there's 14474 09:27:08,916 --> 09:27:13,160 the additional $3 per product that we're 14475 09:27:11,800 --> 09:27:15,360 making for the 14476 09:27:13,160 --> 09:27:17,960 $29.99 and at the end of the day we care 14477 09:27:15,360 --> 09:27:20,200 about profit not Revenue so question 14478 09:27:17,960 --> 09:27:21,916 remain for us is which one should we go 14479 09:27:20,200 --> 09:27:23,800 with so to answer that question what we 14480 09:27:21,916 --> 09:27:26,000 did did was we plugged in all of our 14481 09:27:23,800 --> 09:27:28,000 cost of goods and let the software 14482 09:27:26,000 --> 09:27:30,640 figure it out for us and what it told us 14483 09:27:28,000 --> 09:27:33,436 is that our average profit per visitor 14484 09:27:30,640 --> 09:27:35,200 was A110 this is just cost of goods it 14485 09:27:33,436 --> 09:27:38,200 doesn't know what our ad costs are but 14486 09:27:35,200 --> 09:27:40,240 profit per site visitor was $110 and our 14487 09:27:38,200 --> 09:27:43,480 cost per click was probably about 40 to 14488 09:27:40,240 --> 09:27:45,200 50 cents so say like 60 cents net income 14489 09:27:43,480 --> 09:27:47,596 the minus overhead and transaction fees 14490 09:27:45,200 --> 09:27:50,320 like 40 cents cost per click net income 14491 09:27:47,596 --> 09:27:52,756 compared to over here it was 85 cents 14492 09:27:50,320 --> 09:27:54,360 all that to say there's in it's not just 14493 09:27:52,756 --> 09:27:55,360 when you're planning your pricing 14494 09:27:54,360 --> 09:27:57,560 understand that it's not just as 14495 09:27:55,360 --> 09:27:59,360 straightforward as cheaper pricing 14496 09:27:57,560 --> 09:28:01,480 equals higher conversion rate lower 14497 09:27:59,360 --> 09:28:03,720 pricing or higher pricing equals lower 14498 09:28:01,480 --> 09:28:06,080 conversion rate it's not that simple 14499 09:28:03,720 --> 09:28:08,480 because there's a perceived value 14500 09:28:06,080 --> 09:28:10,596 associated with higher priced products 14501 09:28:08,480 --> 09:28:12,480 I'd like a supreme t-shirt is literally 14502 09:28:10,596 --> 09:28:15,200 just a freaking t-shirt but because it's 14503 09:28:12,480 --> 09:28:18,240 got the label Supreme on it that's brand 14504 09:28:15,200 --> 09:28:20,480 value has one but two it's priced 14505 09:28:18,240 --> 09:28:23,120 insanely high and we as humans for 14506 09:28:20,480 --> 09:28:25,080 whatever reason see it as oh it's priced 14507 09:28:23,120 --> 09:28:27,160 High it must be worth more even though 14508 09:28:25,080 --> 09:28:28,800 the value of the thing is just the value 14509 09:28:27,160 --> 09:28:31,320 that we assigned to it so I could choose 14510 09:28:28,800 --> 09:28:33,360 to ascribe a $1,000 value mentally to 14511 09:28:31,320 --> 09:28:35,756 this t-shirt even though it doesn't cost 14512 09:28:33,360 --> 09:28:37,916 1,000 bucks but yeah so when it comes to 14513 09:28:35,756 --> 09:28:39,960 pricing your products know that it's uh 14514 09:28:37,916 --> 09:28:42,040 feeli that there's a lot there's a lot 14515 09:28:39,960 --> 09:28:43,916 of different opinions on it but if 14516 09:28:42,040 --> 09:28:46,360 you're selling just t-shirts take it 14517 09:28:43,916 --> 09:28:47,916 from me $26.99 we've tested it it's a 14518 09:28:46,360 --> 09:28:50,000 great price point at the very least a 14519 09:28:47,916 --> 09:28:51,400 great price point to start with and then 14520 09:28:50,000 --> 09:28:53,080 iterate from there cuz that's what we're 14521 09:28:51,400 --> 09:28:54,916 doing in this course trying to show you 14522 09:28:53,080 --> 09:28:56,960 a baseline to get to that's worked for 14523 09:28:54,916 --> 09:28:58,360 us consistently and then once you get to 14524 09:28:56,960 --> 09:29:00,120 that point then you can start iterating 14525 09:28:58,360 --> 09:29:02,160 and have your own creative ideas and 14526 09:29:00,120 --> 09:29:03,596 like split tests and stuff just get to 14527 09:29:02,160 --> 09:29:06,080 that point though but I would recommend 14528 09:29:03,596 --> 09:29:07,520 just copy our pricing and then down the 14529 09:29:06,080 --> 09:29:09,640 road start playing around with different 14530 09:29:07,520 --> 09:29:10,916 stuff if you're selling other products 14531 09:29:09,640 --> 09:29:12,200 like whether it's print on demand or 14532 09:29:10,916 --> 09:29:14,120 Drop Shipping or if you're sourcing your 14533 09:29:12,200 --> 09:29:15,596 own products whatever it is do what we 14534 09:29:14,120 --> 09:29:17,720 talked about before look at your cost of 14535 09:29:15,596 --> 09:29:19,200 goods as your bottom level absolute bare 14536 09:29:17,720 --> 09:29:21,360 minimum you could charge you would still 14537 09:29:19,200 --> 09:29:23,916 be making a loss so you should tack on 14538 09:29:21,360 --> 09:29:25,200 50% at least as your bare minimum and 14539 09:29:23,916 --> 09:29:27,400 then look at what's your competition 14540 09:29:25,200 --> 09:29:29,480 charging and a lot of times the 14541 09:29:27,400 --> 09:29:32,040 competition will generally aggregate 14542 09:29:29,480 --> 09:29:33,840 around the same range and look at the 14543 09:29:32,040 --> 09:29:35,240 upper end of that range as your top 14544 09:29:33,840 --> 09:29:36,756 range so then you have your top you have 14545 09:29:35,240 --> 09:29:38,360 your bottom this is the range that you 14546 09:29:36,756 --> 09:29:40,360 can play with and play around with your 14547 09:29:38,360 --> 09:29:41,916 pricing and that gives you like a good 14548 09:29:40,360 --> 09:29:43,840 ballpark takes you from having no 14549 09:29:41,916 --> 09:29:45,800 freaking idea to here's the range you 14550 09:29:43,840 --> 09:29:47,120 should be playing around with and then 14551 09:29:45,800 --> 09:29:49,160 if you want to invest in it you can use 14552 09:29:47,120 --> 09:29:50,480 a software like intell gems I don't have 14553 09:29:49,160 --> 09:29:51,840 affiliate agreement or anything with 14554 09:29:50,480 --> 09:29:53,560 them honestly they won't like me saying 14555 09:29:51,840 --> 09:29:55,960 this but you can install it and use it 14556 09:29:53,560 --> 09:29:58,000 for like 7 days to do the free trial and 14557 09:29:55,960 --> 09:29:59,960 then you can just cancel it so I've ran 14558 09:29:58,000 --> 09:30:01,960 one split test and then ended it after 14559 09:29:59,960 --> 09:30:03,596 that so you can try that out but that's 14560 09:30:01,960 --> 09:30:05,120 pricing psychology for you there's a 14561 09:30:03,596 --> 09:30:06,916 whole lot to it but this is a quick and 14562 09:30:05,120 --> 09:30:08,950 dirty overview so hopefully you found 14563 09:30:06,916 --> 09:30:19,000 this useful and I'll talk to you 14564 09:30:08,950 --> 09:30:21,120 [Music] 14565 09:30:19,000 --> 09:30:22,596 soon it's going to be a quick lesson 14566 09:30:21,120 --> 09:30:24,840 talking about the differ between 14567 09:30:22,596 --> 09:30:27,040 optimizing our store for desktop versus 14568 09:30:24,840 --> 09:30:29,800 mobile and why it's so important that 14569 09:30:27,040 --> 09:30:32,480 we're aware of the difference and tldr 14570 09:30:29,800 --> 09:30:34,880 is that 80 plus% of our traffic is going 14571 09:30:32,480 --> 09:30:36,756 to be coming from mobile sources doesn't 14572 09:30:34,880 --> 09:30:38,040 matter like what kind of business you 14573 09:30:36,756 --> 09:30:40,276 are nowadays whether you're print on 14574 09:30:38,040 --> 09:30:42,400 demand Drop Shipping software the vast 14575 09:30:40,276 --> 09:30:44,756 majority of people's screen time comes 14576 09:30:42,400 --> 09:30:46,200 on their mobile devices so how do we 14577 09:30:44,756 --> 09:30:48,520 make sure we're setting ourselves up to 14578 09:30:46,200 --> 09:30:50,720 take advantage of that great question 14579 09:30:48,520 --> 09:30:52,120 looking at our Shopify store at like 14580 09:30:50,720 --> 09:30:54,840 page builder when you go to on online 14581 09:30:52,120 --> 09:30:58,276 store than themes and edit were set up 14582 09:30:54,840 --> 09:31:00,960 for failure by Shopify because they show 14583 09:30:58,276 --> 09:31:03,240 you your desktop Page by default and I 14584 09:31:00,960 --> 09:31:07,160 can't tell you how long I spent into my 14585 09:31:03,240 --> 09:31:09,800 career optimizing the out of my 14586 09:31:07,160 --> 09:31:12,320 desktop and then I would occasionally 14587 09:31:09,800 --> 09:31:13,756 click to see what the mobile looked like 14588 09:31:12,320 --> 09:31:15,596 but then I would just go back to desktop 14589 09:31:13,756 --> 09:31:17,596 cuz I thought desktop's most important 14590 09:31:15,596 --> 09:31:19,756 it's far easier for me to play around 14591 09:31:17,596 --> 09:31:21,320 with stuff and it wasn't until I 14592 09:31:19,756 --> 09:31:22,400 realized that my conversion rate was 14593 09:31:21,320 --> 09:31:24,080 very low 14594 09:31:22,400 --> 09:31:25,640 and it wasn't just low here I'll show 14595 09:31:24,080 --> 09:31:28,360 you how to see this we don't have any 14596 09:31:25,640 --> 09:31:29,756 sessions just yet but you can filter 14597 09:31:28,360 --> 09:31:34,480 this took me a long time to figure this 14598 09:31:29,756 --> 09:31:34,480 out you can filter based on 14599 09:31:34,640 --> 09:31:40,276 device device type yeah we only have 14600 09:31:37,880 --> 09:31:42,040 desktop right now cuz it's just me but 14601 09:31:40,276 --> 09:31:44,640 if you had traffic you would be able to 14602 09:31:42,040 --> 09:31:47,960 see desktop versus Mobile versus tablet 14603 09:31:44,640 --> 09:31:49,560 versus like TV is somehow way that 14604 09:31:47,960 --> 09:31:51,520 people browse the internet and you can 14605 09:31:49,560 --> 09:31:54,160 see what your conversion rate is and in 14606 09:31:51,520 --> 09:31:56,276 general our desktop traffic it's 10 to 14607 09:31:54,160 --> 09:31:59,040 15% of overall normally converts at 14608 09:31:56,276 --> 09:32:02,000 around like a 4ish per close to double 14609 09:31:59,040 --> 09:32:04,240 what our mobile does but it's 10% of 14610 09:32:02,000 --> 09:32:06,080 your traffic so mobile is far more 14611 09:32:04,240 --> 09:32:08,916 important and my mobile conversion rate 14612 09:32:06,080 --> 09:32:10,520 was absolutely it wasn't until I started 14613 09:32:08,916 --> 09:32:12,080 optimizing and this is what I recommend 14614 09:32:10,520 --> 09:32:13,400 to everybody is when you're first 14615 09:32:12,080 --> 09:32:14,960 setting up and it's like you're just 14616 09:32:13,400 --> 09:32:17,240 getting your bearings fine look at 14617 09:32:14,960 --> 09:32:19,520 desktop but from that point forward 14618 09:32:17,240 --> 09:32:22,080 swear to me that you will always look at 14619 09:32:19,520 --> 09:32:23,276 mobile first promise me promise yourself 14620 09:32:22,080 --> 09:32:25,320 promise whoever that you will always 14621 09:32:23,276 --> 09:32:28,040 look at mobile first and it will make a 14622 09:32:25,320 --> 09:32:30,080 massive impact on your business and not 14623 09:32:28,040 --> 09:32:32,436 just looking at this mobile view but 14624 09:32:30,080 --> 09:32:34,120 also actually getting out your phone and 14625 09:32:32,436 --> 09:32:36,520 going through your website doing your 14626 09:32:34,120 --> 09:32:38,880 test orders on mobile like looking at 14627 09:32:36,520 --> 09:32:40,640 your ads on mobile is that is where your 14628 09:32:38,880 --> 09:32:42,880 customer is shopping like I said in a 14629 09:32:40,640 --> 09:32:45,080 previous lesson about my grandmother 14630 09:32:42,880 --> 09:32:47,560 watching her like scroll like this with 14631 09:32:45,080 --> 09:32:49,000 her like glasses on that's what your 14632 09:32:47,560 --> 09:32:52,000 customer is doing and you're building 14633 09:32:49,000 --> 09:32:54,276 your store for your customer not for you 14634 09:32:52,000 --> 09:32:57,680 so optimize for mobile now what that 14635 09:32:54,276 --> 09:32:59,320 looks like is being aware of some of the 14636 09:32:57,680 --> 09:33:01,680 things that make sense to have on 14637 09:32:59,320 --> 09:33:03,916 desktop but don't necessarily make sense 14638 09:33:01,680 --> 09:33:05,756 to have on mobile a few examples are 14639 09:33:03,916 --> 09:33:08,400 like some of the popups or like help 14640 09:33:05,756 --> 09:33:11,116 Buble things or like review things that 14641 09:33:08,400 --> 09:33:13,200 apps love to push as a side note Shopify 14642 09:33:11,116 --> 09:33:15,116 apps are in the business of making their 14643 09:33:13,200 --> 09:33:16,840 business more profitable and they do 14644 09:33:15,116 --> 09:33:18,596 that by pushing their app into your 14645 09:33:16,840 --> 09:33:20,400 store and making it seem like it's 14646 09:33:18,596 --> 09:33:21,400 driving more revenue and they don't care 14647 09:33:20,400 --> 09:33:22,596 about the performance of your store 14648 09:33:21,400 --> 09:33:24,880 holistically basically so if they ever 14649 09:33:22,596 --> 09:33:27,680 try to put some kind of BS widget on 14650 09:33:24,880 --> 09:33:29,960 your homepage your pre precious homepage 14651 09:33:27,680 --> 09:33:31,756 or collection page immediately uninstall 14652 09:33:29,960 --> 09:33:33,080 it as that is an app that doesn't have 14653 09:33:31,756 --> 09:33:34,840 your best interest in mind they just 14654 09:33:33,080 --> 09:33:37,320 care about making it seem like they are 14655 09:33:34,840 --> 09:33:38,800 providing value to you anyway I digress 14656 09:33:37,320 --> 09:33:40,640 but that's an example of something where 14657 09:33:38,800 --> 09:33:42,840 like if we have a widget or something on 14658 09:33:40,640 --> 09:33:45,640 the side on desktop not that big of a 14659 09:33:42,840 --> 09:33:48,680 deal takes up maybe 2 3% of the overall 14660 09:33:45,640 --> 09:33:50,840 screen fine on mobile though that same 14661 09:33:48,680 --> 09:33:52,916 little widget is now taking up this 14662 09:33:50,840 --> 09:33:54,080 whole section and and not only does it 14663 09:33:52,916 --> 09:33:55,240 take up a big portion it's really 14664 09:33:54,080 --> 09:33:56,680 distracting cuz it's going to be a 14665 09:33:55,240 --> 09:33:58,720 different color than the rest of 14666 09:33:56,680 --> 09:34:01,320 everything on your site so it's dragging 14667 09:33:58,720 --> 09:34:03,800 people's eyes that way another thing to 14668 09:34:01,320 --> 09:34:05,436 keep in mind is when you're scrolling or 14669 09:34:03,800 --> 09:34:07,916 when you're on mobile most people are 14670 09:34:05,436 --> 09:34:10,960 right-handed so with that in mind you 14671 09:34:07,916 --> 09:34:12,680 want the options and buttons and call to 14672 09:34:10,960 --> 09:34:14,800 action things to be more accessible to 14673 09:34:12,680 --> 09:34:16,916 somebody who is right-handed on the 14674 09:34:14,800 --> 09:34:19,040 right hand side like our cart drawer for 14675 09:34:16,916 --> 09:34:21,276 example then you want it to be on the 14676 09:34:19,040 --> 09:34:23,200 left hand side another thing is the 14677 09:34:21,276 --> 09:34:24,916 exiting 10 pop-ups we've talked about 14678 09:34:23,200 --> 09:34:26,200 these but you want to make sure that 14679 09:34:24,916 --> 09:34:28,276 especially people that are on mobile 14680 09:34:26,200 --> 09:34:29,960 they're not getting bombarded with a 14681 09:34:28,276 --> 09:34:31,680 popup as soon as they land on your 14682 09:34:29,960 --> 09:34:34,160 website somebody who's coming from 14683 09:34:31,680 --> 09:34:36,756 social media AKA mobile users does not 14684 09:34:34,160 --> 09:34:38,240 want to be blasted with a discount code 14685 09:34:36,756 --> 09:34:39,840 the second that they step foot on your 14686 09:34:38,240 --> 09:34:41,916 site I'm not going to drag this lesson 14687 09:34:39,840 --> 09:34:43,720 out because you can go ahead and look 14688 09:34:41,916 --> 09:34:46,200 for yourself on the mirror Board of 14689 09:34:43,720 --> 09:34:49,276 example stores because I've taken 14690 09:34:46,200 --> 09:34:51,640 screenshots of not just their desktop 14691 09:34:49,276 --> 09:34:54,040 but also their mobile so what I Rec 14692 09:34:51,640 --> 09:34:55,640 recommend doing is look at their stores 14693 09:34:54,040 --> 09:34:57,960 side by side what does their desktop 14694 09:34:55,640 --> 09:35:00,000 look like compared to their mobile and 14695 09:34:57,960 --> 09:35:02,640 how can you emulate that an important 14696 09:35:00,000 --> 09:35:05,596 concept for mobile as well is what 14697 09:35:02,640 --> 09:35:08,720 people see above the fold and above the 14698 09:35:05,596 --> 09:35:11,160 fold is when a site first loads the 14699 09:35:08,720 --> 09:35:13,160 section that is immediately viewable to 14700 09:35:11,160 --> 09:35:15,000 them anything above the fold is what's 14701 09:35:13,160 --> 09:35:17,436 actually on their screen below the fold 14702 09:35:15,000 --> 09:35:20,640 is what they have to scroll down to see 14703 09:35:17,436 --> 09:35:23,400 and what's above the fold is something 14704 09:35:20,640 --> 09:35:25,160 that like UI and ux designers spend a 14705 09:35:23,400 --> 09:35:26,560 lot of time thinking about that's why 14706 09:35:25,160 --> 09:35:28,276 when we were doing the site setup I 14707 09:35:26,560 --> 09:35:30,960 wasn't sure if I wanted these thumbnails 14708 09:35:28,276 --> 09:35:34,596 because that's taking up like above the 14709 09:35:30,960 --> 09:35:37,880 fold is like probably stops about here 14710 09:35:34,596 --> 09:35:40,640 so here up is probably visible and from 14711 09:35:37,880 --> 09:35:42,680 here down people have to scroll to see 14712 09:35:40,640 --> 09:35:45,000 so ideally and the dawn theme the theme 14713 09:35:42,680 --> 09:35:47,200 we're using can be slightly limiting 14714 09:35:45,000 --> 09:35:49,560 it'd be more ideal if the add to cart 14715 09:35:47,200 --> 09:35:51,720 button would be above the fold you can 14716 09:35:49,560 --> 09:35:53,040 hire a custom developer to do that but 14717 09:35:51,720 --> 09:35:54,520 you only want to do that once you've 14718 09:35:53,040 --> 09:35:55,800 decided to like invest heavily in your 14719 09:35:54,520 --> 09:35:57,160 brand another thing is when you're 14720 09:35:55,800 --> 09:35:58,840 scrolling it'd be really nice if we 14721 09:35:57,160 --> 09:36:00,400 could have a scrolling ad to cart button 14722 09:35:58,840 --> 09:36:02,160 there's Shopify apps that can do that 14723 09:36:00,400 --> 09:36:03,960 because we want it to be easy for people 14724 09:36:02,160 --> 09:36:05,640 to check out at any point whereas 14725 09:36:03,960 --> 09:36:08,200 somebody who's on desktop they can 14726 09:36:05,640 --> 09:36:11,800 pretty much see pretty close to see the 14727 09:36:08,200 --> 09:36:14,400 add toar button at all times and another 14728 09:36:11,800 --> 09:36:17,640 cool trick for optimizing for desktop 14729 09:36:14,400 --> 09:36:19,200 versus mobile is you can go to websites 14730 09:36:17,640 --> 09:36:21,916 and if you're on Chrome I'm not sure 14731 09:36:19,200 --> 09:36:25,320 about Safari or other browsers 14732 09:36:21,916 --> 09:36:28,276 go to inspect then up here click toggle 14733 09:36:25,320 --> 09:36:31,116 and it switches to mobile view see this 14734 09:36:28,276 --> 09:36:33,400 now I've got the little finger cursor 14735 09:36:31,116 --> 09:36:35,720 very easy way to evaluate not just your 14736 09:36:33,400 --> 09:36:38,160 site but your competition sites all from 14737 09:36:35,720 --> 09:36:40,840 your desktop and not have to worry about 14738 09:36:38,160 --> 09:36:43,276 actually picking up your pesky phone so 14739 09:36:40,840 --> 09:36:45,960 anyways long story short optimize for 14740 09:36:43,276 --> 09:36:49,840 mobile first desktop later and you'll be 14741 09:36:45,960 --> 09:36:49,840 doing yourself a huge favor 14742 09:36:50,410 --> 09:37:00,360 [Music] 14743 09:36:58,756 --> 09:37:03,160 Amazon conducted a study where they 14744 09:37:00,360 --> 09:37:06,320 found that for every 100 milliseconds 14745 09:37:03,160 --> 09:37:10,000 added to page load time cost 1% in 14746 09:37:06,320 --> 09:37:12,360 Revenue now this was back in 2006 but 14747 09:37:10,000 --> 09:37:14,360 the principle still holds true today and 14748 09:37:12,360 --> 09:37:16,840 that is that people do not want to wait 14749 09:37:14,360 --> 09:37:19,040 for a website to load so you could have 14750 09:37:16,840 --> 09:37:21,680 the most optimized website in every 14751 09:37:19,040 --> 09:37:23,160 other way but if it is super slow then 14752 09:37:21,680 --> 09:37:25,200 people are not going to buy so the 14753 09:37:23,160 --> 09:37:27,400 question is how can we improve our sight 14754 09:37:25,200 --> 09:37:29,480 speed and what is slowing it down in the 14755 09:37:27,400 --> 09:37:32,360 first place long story short what 14756 09:37:29,480 --> 09:37:34,680 slowing it down is generally bogging it 14757 09:37:32,360 --> 09:37:36,240 down with too many apps that are not 14758 09:37:34,680 --> 09:37:38,800 optimized for your sight speed they're 14759 09:37:36,240 --> 09:37:41,960 optimized for themselves and second is 14760 09:37:38,800 --> 09:37:43,116 too much content and too heavy of files 14761 09:37:41,960 --> 09:37:45,680 and I'm going to give you a couple of 14762 09:37:43,116 --> 09:37:47,520 tools that you can use to First evaluate 14763 09:37:45,680 --> 09:37:49,640 your site speed and where things are at 14764 09:37:47,520 --> 09:37:52,080 along with the tools that we use in our 14765 09:37:49,640 --> 09:37:53,520 business to consistently check up on our 14766 09:37:52,080 --> 09:37:56,200 sight speed and make sure that it's 14767 09:37:53,520 --> 09:37:58,680 running as smooth as possible and before 14768 09:37:56,200 --> 09:37:59,756 we do that quick anecdote is that at one 14769 09:37:58,680 --> 09:38:01,160 point we had a store that we've been 14770 09:37:59,756 --> 09:38:03,276 running for about a year and a half and 14771 09:38:01,160 --> 09:38:05,200 it was doing generally pretty well but 14772 09:38:03,276 --> 09:38:06,916 over time we just slowly added more and 14773 09:38:05,200 --> 09:38:09,276 more apps this was before we were really 14774 09:38:06,916 --> 09:38:11,200 aware of the impact that sight speed has 14775 09:38:09,276 --> 09:38:12,756 and we just add on more apps that were 14776 09:38:11,200 --> 09:38:14,640 like claims to be like boosting 14777 09:38:12,756 --> 09:38:16,720 conversion rate and like little widgets 14778 09:38:14,640 --> 09:38:18,680 and stuff like that and without really 14779 09:38:16,720 --> 09:38:21,040 realizing that every single app that 14780 09:38:18,680 --> 09:38:23,320 we're adding whenever your website loads 14781 09:38:21,040 --> 09:38:26,000 the way that websites process the files 14782 09:38:23,320 --> 09:38:28,560 is it loads like one thing at a time so 14783 09:38:26,000 --> 09:38:30,276 for every additional app that's added 14784 09:38:28,560 --> 09:38:32,520 onto your site that's additional load 14785 09:38:30,276 --> 09:38:34,360 time and even all the apps in the 14786 09:38:32,520 --> 09:38:35,916 Shopify App Store are positioned to make 14787 09:38:34,360 --> 09:38:37,916 it seem like it's going to do nothing 14788 09:38:35,916 --> 09:38:39,960 but good for your store but in reality 14789 09:38:37,916 --> 09:38:42,756 it was hurting us So eventually what we 14790 09:38:39,960 --> 09:38:44,436 got to the point of doing is we deleted 14791 09:38:42,756 --> 09:38:46,520 just about everything everything but 14792 09:38:44,436 --> 09:38:48,756 like our email and like our most basic 14793 09:38:46,520 --> 09:38:50,596 apps and our site speed went from like 14794 09:38:48,756 --> 09:38:52,596 20 or 30 on the Shopify rating they 14795 09:38:50,596 --> 09:38:54,436 changed the rating system now but it 14796 09:38:52,596 --> 09:38:56,080 basically doubled the sight speed or cut 14797 09:38:54,436 --> 09:38:57,960 it in half basically overnight and our 14798 09:38:56,080 --> 09:38:59,480 conversion rate shot up because of that 14799 09:38:57,960 --> 09:39:02,080 and that's another side thing is that 14800 09:38:59,480 --> 09:39:03,840 our Facebook ads performance our cpms 14801 09:39:02,080 --> 09:39:04,960 dropped when our sight speed improved 14802 09:39:03,840 --> 09:39:07,000 which you would think that the two 14803 09:39:04,960 --> 09:39:08,840 aren't related but the reason for that 14804 09:39:07,000 --> 09:39:10,880 was that Facebook was essentially 14805 09:39:08,840 --> 09:39:12,560 rewarding us for having a better 14806 09:39:10,880 --> 09:39:14,596 customer experience in our ads when 14807 09:39:12,560 --> 09:39:16,320 people clicked cuz they were seeing that 14808 09:39:14,596 --> 09:39:18,320 oh people that clicked to this site get 14809 09:39:16,320 --> 09:39:20,276 pissed off and have a lower session 14810 09:39:18,320 --> 09:39:21,720 duration when they come back to Facebook 14811 09:39:20,276 --> 09:39:23,840 cuz they just had a bad experience on 14812 09:39:21,720 --> 09:39:26,680 whatever is going on that website so 14813 09:39:23,840 --> 09:39:28,240 it's all interconnected but anyways so 14814 09:39:26,680 --> 09:39:30,560 the things that are slowing down our 14815 09:39:28,240 --> 09:39:32,756 site are heavy pictures too much content 14816 09:39:30,560 --> 09:39:35,480 too many apps and the ways that we can 14817 09:39:32,756 --> 09:39:37,800 fix that are essentially watching the 14818 09:39:35,480 --> 09:39:39,436 apps religiously closely making sure 14819 09:39:37,800 --> 09:39:41,480 that we are only adding things that are 14820 09:39:39,436 --> 09:39:42,960 absolutely necessary like we're showing 14821 09:39:41,480 --> 09:39:45,116 you the Bare Bones things that we should 14822 09:39:42,960 --> 09:39:46,680 add in this course and being very 14823 09:39:45,116 --> 09:39:48,640 conscious of if you add something in the 14824 09:39:46,680 --> 09:39:50,400 future watch your sight speed which 14825 09:39:48,640 --> 09:39:51,800 we're going to measure in a second watch 14826 09:39:50,400 --> 09:39:54,116 your sight speed and make sure that 14827 09:39:51,800 --> 09:39:56,276 you're not that no app is worth a hit to 14828 09:39:54,116 --> 09:39:58,160 your sight speed and then third thing is 14829 09:39:56,276 --> 09:40:00,800 that when you get down the road you can 14830 09:39:58,160 --> 09:40:03,436 hire developers to custom build and 14831 09:40:00,800 --> 09:40:05,880 Implement Solutions into your Shopify 14832 09:40:03,436 --> 09:40:07,756 store in a way that loads faster don't 14833 09:40:05,880 --> 09:40:09,400 recommend that for even the first 6 14834 09:40:07,756 --> 09:40:11,000 months to a year cuz it's pretty 14835 09:40:09,400 --> 09:40:12,276 Advanced and it can be costly but just 14836 09:40:11,000 --> 09:40:14,400 so you're aware of the possible 14837 09:40:12,276 --> 09:40:16,560 solutions that hiring a developer can 14838 09:40:14,400 --> 09:40:19,000 speed things up so the way you can test 14839 09:40:16,560 --> 09:40:21,560 your sight speed is by going to online 14840 09:40:19,000 --> 09:40:23,596 store themes and then you have your 14841 09:40:21,560 --> 09:40:25,800 loading speed interactivity and visual 14842 09:40:23,596 --> 09:40:28,680 stability so this is the new sight speed 14843 09:40:25,800 --> 09:40:30,360 rating system that Shopify gives us and 14844 09:40:28,680 --> 09:40:32,400 I recommend keeping an eye on each of 14845 09:40:30,360 --> 09:40:33,840 these I check these on a weekly basis to 14846 09:40:32,400 --> 09:40:35,520 make sure that each of them are in 14847 09:40:33,840 --> 09:40:38,640 normal ranges all right so now we're 14848 09:40:35,520 --> 09:40:41,960 going to run some speed test for our 14849 09:40:38,640 --> 09:40:43,680 store not just using the Shopify default 14850 09:40:41,960 --> 09:40:46,240 one just like you wouldn't want to test 14851 09:40:43,680 --> 09:40:48,400 your Wi-Fi speed by taking Verizon or 14852 09:40:46,240 --> 09:40:50,480 comcast word for it you also don't want 14853 09:40:48,400 --> 09:40:51,680 to just take shopify's word for it so 14854 09:40:50,480 --> 09:40:54,000 there a couple different tools we can 14855 09:40:51,680 --> 09:40:56,960 use the two main ones are this page 14856 09:40:54,000 --> 09:40:58,520 speed insights and Google Lighthouse 14857 09:40:56,960 --> 09:40:59,960 they're I think they actually might be 14858 09:40:58,520 --> 09:41:01,720 built off the same thing but these are 14859 09:40:59,960 --> 09:41:03,640 like the industry leaders Lighthouse you 14860 09:41:01,720 --> 09:41:06,040 can install by going to the Chrome App 14861 09:41:03,640 --> 09:41:07,756 Store but basically all you do is just 14862 09:41:06,040 --> 09:41:10,000 enter your URL and then it gives you the 14863 09:41:07,756 --> 09:41:11,680 Mobile versus desktop breakdown so like 14864 09:41:10,000 --> 09:41:13,680 we talked about before we not only want 14865 09:41:11,680 --> 09:41:15,276 to be optimizing for desktop but more 14866 09:41:13,680 --> 09:41:17,596 importantly for mobile because that's 14867 09:41:15,276 --> 09:41:19,720 where 80% of our traffic comes from and 14868 09:41:17,596 --> 09:41:21,840 up top here it gives us a general 14869 09:41:19,720 --> 09:41:23,520 overview of our perform performance 14870 09:41:21,840 --> 09:41:25,360 accessibility best 14871 09:41:23,520 --> 09:41:27,000 practices and this is a brand new 14872 09:41:25,360 --> 09:41:28,480 Shopify store so I wouldn't really 14873 09:41:27,000 --> 09:41:30,360 expect there to be too many issues with 14874 09:41:28,480 --> 09:41:32,116 it at least I wouldn't hope so cuz we're 14875 09:41:30,360 --> 09:41:34,720 basically just rocking the default out 14876 09:41:32,116 --> 09:41:37,320 of the box setup so we have first 14877 09:41:34,720 --> 09:41:39,596 contentful paint which is how long it 14878 09:41:37,320 --> 09:41:41,800 takes for a user to see anything on the 14879 09:41:39,596 --> 09:41:44,800 website so this number is important then 14880 09:41:41,800 --> 09:41:47,116 largest contentful paint is the largest 14881 09:41:44,800 --> 09:41:49,200 item on the site how long does it take 14882 09:41:47,116 --> 09:41:50,880 for that to show up and then down here 14883 09:41:49,200 --> 09:41:53,116 it gives us a more detailed breakdown of 14884 09:41:50,880 --> 09:41:55,160 any of the the issues you're having like 14885 09:41:53,116 --> 09:41:56,560 I said this is a brand new site so if 14886 09:41:55,160 --> 09:41:58,320 you've been installing a bunch of apps 14887 09:41:56,560 --> 09:42:00,400 and stuff you might see some different 14888 09:41:58,320 --> 09:42:02,720 stuff on here it can get a little 14889 09:42:00,400 --> 09:42:04,756 technical so if you're having big site 14890 09:42:02,720 --> 09:42:07,360 issues I would recommend either hiring a 14891 09:42:04,756 --> 09:42:09,240 Shopify expert or somebody off of upwork 14892 09:42:07,360 --> 09:42:10,840 or Fiverr to help troubleshoot it for 14893 09:42:09,240 --> 09:42:13,116 you normally they can figure it out 14894 09:42:10,840 --> 09:42:16,320 pretty quickly but we see here the 14895 09:42:13,116 --> 09:42:19,840 largest contentful paint element taking 14896 09:42:16,320 --> 09:42:22,000 4,660 milliseconds or 4.6 seconds and 14897 09:42:19,840 --> 09:42:24,400 it's interesting it makes sense it's 14898 09:42:22,000 --> 09:42:26,080 this homepage element this homepage 14899 09:42:24,400 --> 09:42:28,480 image it's saying it's too large of a 14900 09:42:26,080 --> 09:42:29,840 file and that's taking a long time for 14901 09:42:28,480 --> 09:42:31,560 it to load which is interesting because 14902 09:42:29,840 --> 09:42:33,360 if you watched in the previous lessons 14903 09:42:31,560 --> 09:42:35,200 as we're setting up the Shopify store 14904 09:42:33,360 --> 09:42:36,756 anytime we go to look at the homepage it 14905 09:42:35,200 --> 09:42:39,160 was literally taking a couple of seconds 14906 09:42:36,756 --> 09:42:41,400 to load let's see if we can do it now 14907 09:42:39,160 --> 09:42:43,116 sometimes it won't do yeah it's already 14908 09:42:41,400 --> 09:42:44,840 cached which caching is just if I've 14909 09:42:43,116 --> 09:42:46,880 been to a website my browser will 14910 09:42:44,840 --> 09:42:48,116 remember it by default and it stores 14911 09:42:46,880 --> 09:42:50,320 some of the images it's like your 14912 09:42:48,116 --> 09:42:52,276 cookies and cash and stuff if I were to 14913 09:42:50,320 --> 09:42:53,960 clear my cash then it would show up 14914 09:42:52,276 --> 09:42:56,160 later but yeah and I think these are 14915 09:42:53,960 --> 09:42:58,916 based on the same because it's showing 14916 09:42:56,160 --> 09:43:01,480 basically the exact same outputs so what 14917 09:42:58,916 --> 09:43:04,116 we can actually do about having a slower 14918 09:43:01,480 --> 09:43:06,596 sight speed is my favorite app for this 14919 09:43:04,116 --> 09:43:08,880 and one that bang for your buck most 14920 09:43:06,596 --> 09:43:11,916 important app to install Meg might talk 14921 09:43:08,880 --> 09:43:15,436 about this as well but it's called Crush 14922 09:43:11,916 --> 09:43:18,040 picks and all this basically does is it 14923 09:43:15,436 --> 09:43:19,756 runs all of your images like all of our 14924 09:43:18,040 --> 09:43:22,756 hundreds and thousands of product photos 14925 09:43:19,756 --> 09:43:24,000 it runs it through compression algorithm 14926 09:43:22,756 --> 09:43:25,560 I think it's an algorithm sounds good 14927 09:43:24,000 --> 09:43:28,116 I'm just going to say it compression 14928 09:43:25,560 --> 09:43:30,320 algorithm and makes it smaller so that 14929 09:43:28,116 --> 09:43:33,320 there's less of a file size for it to 14930 09:43:30,320 --> 09:43:34,840 load and as we start I'll run this again 14931 09:43:33,320 --> 09:43:37,520 after we set up like our Facebook ads 14932 09:43:34,840 --> 09:43:39,360 and stuff to show you but as we install 14933 09:43:37,520 --> 09:43:41,360 like different apps and trackers and 14934 09:43:39,360 --> 09:43:43,360 pixels and all that kind of stuff all of 14935 09:43:41,360 --> 09:43:45,400 those things take up time when you're 14936 09:43:43,360 --> 09:43:47,000 loading a website so it's just something 14937 09:43:45,400 --> 09:43:49,040 to be aware of as you're setting up your 14938 09:43:47,000 --> 09:43:51,520 store limit the number of apps cut down 14939 09:43:49,040 --> 09:43:53,640 on pixels using Google tag manager helps 14940 09:43:51,520 --> 09:43:55,800 as well because then instead of loading 14941 09:43:53,640 --> 09:43:57,800 each pixel individually just loads 14942 09:43:55,800 --> 09:43:59,276 Google tag manager but most important 14943 09:43:57,800 --> 09:44:01,756 thing is always keeping an eye on your 14944 09:43:59,276 --> 09:44:04,116 sight speed and last thing most 14945 09:44:01,756 --> 09:44:06,840 importantly is a way to track your sight 14946 09:44:04,116 --> 09:44:09,080 speed's impact on your advertising is to 14947 09:44:06,840 --> 09:44:11,560 monitor your link click to page view 14948 09:44:09,080 --> 09:44:13,160 ratio now your link click number of Link 14949 09:44:11,560 --> 09:44:14,436 clicks is how many people clicked on 14950 09:44:13,160 --> 09:44:16,756 your link in your ad pretty 14951 09:44:14,436 --> 09:44:18,916 straightforward and your page views is 14952 09:44:16,756 --> 09:44:21,276 the number of views that you have or 14953 09:44:18,916 --> 09:44:23,360 sessions on your site from that that 14954 09:44:21,276 --> 09:44:26,916 specific traffic Source now there's 14955 09:44:23,360 --> 09:44:29,720 typically like a 10 to 20% is drop off 14956 09:44:26,916 --> 09:44:31,960 so if you send 100 clicks we might get 14957 09:44:29,720 --> 09:44:34,000 90 to 80 people who actually stick 14958 09:44:31,960 --> 09:44:35,400 around long enough to view the content 14959 09:44:34,000 --> 09:44:36,960 reason is that there's some super 14960 09:44:35,400 --> 09:44:38,720 Twitchy people out there that don't even 14961 09:44:36,960 --> 09:44:40,880 want to wait a second those Twitchy 14962 09:44:38,720 --> 09:44:42,480 messes are going to drop off no matter 14963 09:44:40,880 --> 09:44:44,160 what on anybody's site and we're going 14964 09:44:42,480 --> 09:44:46,040 to monitor this in our tracking 14965 09:44:44,160 --> 09:44:48,116 spreadsheet but keep an eye on it 14966 09:44:46,040 --> 09:44:50,960 because if your link click the page view 14967 09:44:48,116 --> 09:44:52,840 ratio starts to tip beyond the like 80% 14968 09:44:50,960 --> 09:44:54,880 % range and you get down into like the 14969 09:44:52,840 --> 09:44:57,000 70s and then 60s and then if you're in 14970 09:44:54,880 --> 09:44:59,240 the 50s you really have a big problem 14971 09:44:57,000 --> 09:45:00,840 that's when your ads like everything 14972 09:44:59,240 --> 09:45:02,480 will start to break and if you're not 14973 09:45:00,840 --> 09:45:04,840 watching your sight speed like I wasn't 14974 09:45:02,480 --> 09:45:07,116 for the longest time can easily creep up 14975 09:45:04,840 --> 09:45:08,520 on you and you can be launching new ads 14976 09:45:07,116 --> 09:45:10,240 and like checking that the pixels 14977 09:45:08,520 --> 09:45:12,436 optimized and launching new products and 14978 09:45:10,240 --> 09:45:15,276 all this stuff but when in reality the 14979 09:45:12,436 --> 09:45:17,400 actual problem is that oh I have 45 apps 14980 09:45:15,276 --> 09:45:19,916 installed and it takes 6 and a half 14981 09:45:17,400 --> 09:45:24,000 minutes for my site for my site to 14982 09:45:19,916 --> 09:45:26,200 load no wonder but it's a tricky thing 14983 09:45:24,000 --> 09:45:28,080 to catch if you're not looking for it so 14984 09:45:26,200 --> 09:45:29,720 that's sight speed for you in a nutshell 14985 09:45:28,080 --> 09:45:31,360 what causes it why it's important what 14986 09:45:29,720 --> 09:45:33,240 we can do about it just keep an eye on 14987 09:45:31,360 --> 09:45:43,240 it and I'll see you in the next 14988 09:45:33,240 --> 09:45:45,320 [Music] 14989 09:45:43,240 --> 09:45:47,520 lesson here are some of the most common 14990 09:45:45,320 --> 09:45:49,880 Shopify mistakes that I see beginners 14991 09:45:47,520 --> 09:45:52,560 making that end up costing you a ton of 14992 09:45:49,880 --> 09:45:53,840 time money effort and will lead you 14993 09:45:52,560 --> 09:45:55,000 crying yourself to sleep at night 14994 09:45:53,840 --> 09:45:56,916 wondering why your store is not 14995 09:45:55,000 --> 09:45:59,160 converting better and I'm talking to 14996 09:45:56,916 --> 09:46:00,596 myself I've made all these mistakes so 14997 09:45:59,160 --> 09:46:02,400 mistake number one we've talked about 14998 09:46:00,596 --> 09:46:04,880 this already but not optimizing for 14999 09:46:02,400 --> 09:46:06,880 mobile is a huge one vment 80% of 15000 09:46:04,880 --> 09:46:08,520 traffic comes from mobile it's crucial 15001 09:46:06,880 --> 09:46:11,680 number two we haven't quite talked about 15002 09:46:08,520 --> 09:46:13,480 yet but not emulating a proven store but 15003 09:46:11,680 --> 09:46:16,000 it's going to be a Common Thread like 15004 09:46:13,480 --> 09:46:18,520 from the products to the ads to our site 15005 09:46:16,000 --> 09:46:20,960 to our email marketing is we are trying 15006 09:46:18,520 --> 09:46:23,480 to get our business to a baseline a 15007 09:46:20,960 --> 09:46:25,960 proven Baseline of consistent revenue 15008 09:46:23,480 --> 09:46:28,116 and performance the fastest and easiest 15009 09:46:25,960 --> 09:46:30,596 way or I'll first say what people are 15010 09:46:28,116 --> 09:46:32,560 tempted to do is just they learn okay I 15011 09:46:30,596 --> 09:46:34,160 need to come up with products to sell I 15012 09:46:32,560 --> 09:46:36,360 need products I need marketing I need my 15013 09:46:34,160 --> 09:46:37,640 site I need email like okay I'm going to 15014 09:46:36,360 --> 09:46:39,560 come up with my own products and they 15015 09:46:37,640 --> 09:46:41,040 just start they sit down they start make 15016 09:46:39,560 --> 09:46:42,680 up random stuff then they get to the 15017 09:46:41,040 --> 09:46:44,520 Shopify store they start picking out 15018 09:46:42,680 --> 09:46:47,200 whatever looks good and like oh that app 15019 09:46:44,520 --> 09:46:48,800 looks neat or they change the colors to 15020 09:46:47,200 --> 09:46:50,116 something pretty and then well then they 15021 09:46:48,800 --> 09:46:51,116 go back and change the colors again 15022 09:46:50,116 --> 09:46:52,720 because it looks a little a little bit 15023 09:46:51,116 --> 09:46:54,800 better this way and again I'm talking to 15024 09:46:52,720 --> 09:46:56,840 myself and really what we want to be 15025 09:46:54,800 --> 09:46:58,960 doing the fastest way to get to a 15026 09:46:56,840 --> 09:47:00,560 consistent stream of results is by 15027 09:46:58,960 --> 09:47:02,840 following a proven model they use the 15028 09:47:00,560 --> 09:47:05,596 Tony Robbins quote again success leaves 15029 09:47:02,840 --> 09:47:07,240 Clues find a person is what he said but 15030 09:47:05,596 --> 09:47:09,480 find a brand that has already had 15031 09:47:07,240 --> 09:47:12,200 success and model it after them so 15032 09:47:09,480 --> 09:47:14,200 emulate a proven store and see what 15033 09:47:12,200 --> 09:47:16,200 those stores are doing in common all the 15034 09:47:14,200 --> 09:47:17,160 things that we listed off before I'm not 15035 09:47:16,200 --> 09:47:19,640 even going to show it again but the 15036 09:47:17,160 --> 09:47:21,320 mirror Board of the example stores go 15037 09:47:19,640 --> 09:47:23,000 look at that devour it see what all 15038 09:47:21,320 --> 09:47:24,320 those stores are doing not to mention 15039 09:47:23,000 --> 09:47:26,400 that's just 10 there's hundreds of print 15040 09:47:24,320 --> 09:47:28,240 on demand multi8 figure print on demand 15041 09:47:26,400 --> 09:47:30,756 businesses out there go look at those 15042 09:47:28,240 --> 09:47:32,160 and emulate what they're doing well and 15043 09:47:30,756 --> 09:47:34,320 yeah beginners always try to come up 15044 09:47:32,160 --> 09:47:36,000 with the next greatest thing and I was 15045 09:47:34,320 --> 09:47:38,000 the same exact way I thought that 15046 09:47:36,000 --> 09:47:39,360 starting a business meant you have to be 15047 09:47:38,000 --> 09:47:40,840 creative you have to be Innovative you 15048 09:47:39,360 --> 09:47:42,880 have to be figuring all this stuff out 15049 09:47:40,840 --> 09:47:44,960 for yourself when in reality the best 15050 09:47:42,880 --> 09:47:46,756 way to get to a position where you have 15051 09:47:44,960 --> 09:47:48,756 the resources and capabilities to 15052 09:47:46,756 --> 09:47:51,520 innovate and really swing for the fences 15053 09:47:48,756 --> 09:47:53,560 is to get to a baseline of performance 15054 09:47:51,520 --> 09:47:55,276 do that by looking at what stores are 15055 09:47:53,560 --> 09:47:56,720 converting and see like what apps 15056 09:47:55,276 --> 09:47:58,160 they're using what types of products are 15057 09:47:56,720 --> 09:48:00,080 they selling how are they selling them 15058 09:47:58,160 --> 09:48:02,000 all that kind of stuff and then reverse 15059 09:48:00,080 --> 09:48:04,040 engineer that into your own business 15060 09:48:02,000 --> 09:48:06,560 third thing is getting sidetracked by 15061 09:48:04,040 --> 09:48:08,680 how pretty or aesthetically pleasing 15062 09:48:06,560 --> 09:48:10,276 their store is and this one makes me 15063 09:48:08,680 --> 09:48:12,436 feel personally attacked cuz I spent 15064 09:48:10,276 --> 09:48:14,000 entirely too much time doing it but the 15065 09:48:12,436 --> 09:48:16,160 reason that this happens is that when 15066 09:48:14,000 --> 09:48:17,756 you're starting a new business it can be 15067 09:48:16,160 --> 09:48:19,560 extremely overwhelming there's a 15068 09:48:17,756 --> 09:48:23,640 ton of stuff that you have to learn and 15069 09:48:19,560 --> 09:48:26,560 our brains try to just avoid Pain by all 15070 09:48:23,640 --> 09:48:27,800 costs and we try to avoid that Pain by 15071 09:48:26,560 --> 09:48:29,040 we still want to feel productive and 15072 09:48:27,800 --> 09:48:30,596 like we're actually doing something 15073 09:48:29,040 --> 09:48:32,040 working towards our goals so we let 15074 09:48:30,596 --> 09:48:33,400 ourselves mentally masturbate that we're 15075 09:48:32,040 --> 09:48:35,000 doing something productive when really 15076 09:48:33,400 --> 09:48:36,560 we're just keeping ourselves busy by 15077 09:48:35,000 --> 09:48:38,840 fussing around with the same over 15078 09:48:36,560 --> 09:48:40,800 and over again and it's far easier to 15079 09:48:38,840 --> 09:48:43,360 play around with Shopify Store settings 15080 09:48:40,800 --> 09:48:45,400 than it is to dive into the unknown 15081 09:48:43,360 --> 09:48:48,040 Abyss that is email automations and 15082 09:48:45,400 --> 09:48:50,480 flows for example or that is the abyss 15083 09:48:48,040 --> 09:48:52,080 of Facebook ad accounts and learning how 15084 09:48:50,480 --> 09:48:53,520 to optimize a pixel and all those 15085 09:48:52,080 --> 09:48:56,000 painful buzzwords and all that I can 15086 09:48:53,520 --> 09:48:57,960 tell you is if you want to be successful 15087 09:48:56,000 --> 09:49:00,360 you have to dive into those areas don't 15088 09:48:57,960 --> 09:49:02,480 let fixing your pretty little store via 15089 09:49:00,360 --> 09:49:04,680 distraction and to use the hormos quote 15090 09:49:02,480 --> 09:49:06,436 it only takes really 20 hours of 15091 09:49:04,680 --> 09:49:08,960 dedicated focused effort to get 15092 09:49:06,436 --> 09:49:11,160 moderately like decent at something so 15093 09:49:08,960 --> 09:49:13,276 stop putting off those 20 hours cuz most 15094 09:49:11,160 --> 09:49:15,880 people's issue is that they wait years 15095 09:49:13,276 --> 09:49:17,800 before they spend those 20 hours so 15096 09:49:15,880 --> 09:49:19,640 close your shop if I store go put in the 15097 09:49:17,800 --> 09:49:21,200 time on something else the reason that 15098 09:49:19,640 --> 09:49:22,960 this matters is that we honestly don't 15099 09:49:21,200 --> 09:49:24,276 give a what our store looks like I 15100 09:49:22,960 --> 09:49:26,240 don't care if it's the ugliest thing in 15101 09:49:24,276 --> 09:49:28,160 the world we just care that it converts 15102 09:49:26,240 --> 09:49:29,916 and don't worry about the opinions of 15103 09:49:28,160 --> 09:49:31,160 your friends and family when they look 15104 09:49:29,916 --> 09:49:32,680 at your store and they're like really 15105 09:49:31,160 --> 09:49:34,160 this is what you're doing and it looks 15106 09:49:32,680 --> 09:49:36,040 like a fifth grade computer science 15107 09:49:34,160 --> 09:49:37,360 project who gives a like they're 15108 09:49:36,040 --> 09:49:39,000 going to look for something to knock you 15109 09:49:37,360 --> 09:49:40,880 down with anyway because you're making 15110 09:49:39,000 --> 09:49:42,520 them feel insecure because you're 15111 09:49:40,880 --> 09:49:44,080 striving for your dreams and doing 15112 09:49:42,520 --> 09:49:45,916 something that they know and they've 15113 09:49:44,080 --> 09:49:48,680 thought about doing in the past but have 15114 09:49:45,916 --> 09:49:49,960 been too afraid or insecure to pursue 15115 09:49:48,680 --> 09:49:51,840 themselves so it's far easier for them 15116 09:49:49,960 --> 09:49:54,040 to knock you down in any way they can 15117 09:49:51,840 --> 09:49:56,000 get their hands on rather them going out 15118 09:49:54,040 --> 09:49:57,436 and doing it themselves or looking 15119 09:49:56,000 --> 09:49:59,000 themselves in the mirror and realizing 15120 09:49:57,436 --> 09:50:00,960 that you know they're never going to 15121 09:49:59,000 --> 09:50:02,240 amount to any of their dreams and 15122 09:50:00,960 --> 09:50:04,080 they're just going to end up in the same 15123 09:50:02,240 --> 09:50:06,400 spot basically you're you're making them 15124 09:50:04,080 --> 09:50:07,840 feel insecure about themselves by doing 15125 09:50:06,400 --> 09:50:09,840 this and certainly for getting this far 15126 09:50:07,840 --> 09:50:11,000 into this kind of training so don't 15127 09:50:09,840 --> 09:50:13,640 worry about their opinions they don't 15128 09:50:11,000 --> 09:50:14,520 matter anyway fourth is not enough 15129 09:50:13,640 --> 09:50:16,240 products I'm just going to keep 15130 09:50:14,520 --> 09:50:18,276 repeating this F blue in the face but 15131 09:50:16,240 --> 09:50:19,640 90% of the times that I look at Shopify 15132 09:50:18,276 --> 09:50:21,200 stores and people are like my ads aren't 15133 09:50:19,640 --> 09:50:23,276 converting whatever their product 15134 09:50:21,200 --> 09:50:25,560 collection sucks their designs are 15135 09:50:23,276 --> 09:50:27,840 terrible and not only are they terrible 15136 09:50:25,560 --> 09:50:30,040 they have barely any of them if you show 15137 09:50:27,840 --> 09:50:32,360 me somebody who has spent a lot of time 15138 09:50:30,040 --> 09:50:34,116 researching products and knows their 15139 09:50:32,360 --> 09:50:36,240 Market inside and out has lots of 15140 09:50:34,116 --> 09:50:37,596 different angles they have funny designs 15141 09:50:36,240 --> 09:50:39,756 they have beautiful designs they have 15142 09:50:37,596 --> 09:50:41,520 Unique Designs they have different 15143 09:50:39,756 --> 09:50:43,800 product collections on their road map if 15144 09:50:41,520 --> 09:50:45,596 you show me that person I would bet nine 15145 09:50:43,800 --> 09:50:47,680 times out of 10 that they have a better 15146 09:50:45,596 --> 09:50:49,916 converting Shopify store and better 15147 09:50:47,680 --> 09:50:51,640 performing brand overall than somebody 15148 09:50:49,916 --> 09:50:54,756 who has put all that time and effort 15149 09:50:51,640 --> 09:50:56,720 into just tweaking their store fifth 15150 09:50:54,756 --> 09:50:59,040 most common mistake is having disjointed 15151 09:50:56,720 --> 09:51:00,800 theme or messaging from your ads to your 15152 09:50:59,040 --> 09:51:03,160 collection page to your product page to 15153 09:51:00,800 --> 09:51:05,000 your cart to your checkout page so when 15154 09:51:03,160 --> 09:51:06,276 we're like these sections are split up 15155 09:51:05,000 --> 09:51:09,000 into different modules to make it 15156 09:51:06,276 --> 09:51:10,596 manageable but really it's all one flow 15157 09:51:09,000 --> 09:51:12,680 this whole thing is building one 15158 09:51:10,596 --> 09:51:15,160 customer Journey from start to finish 15159 09:51:12,680 --> 09:51:18,000 and it needs to feel that way to the 15160 09:51:15,160 --> 09:51:21,040 customer it cannot feel like the ads 15161 09:51:18,000 --> 09:51:23,116 were written by one person or by you 15162 09:51:21,040 --> 09:51:25,040 in one mood and then the Shopify store 15163 09:51:23,116 --> 09:51:26,756 is written by you in a different mood 15164 09:51:25,040 --> 09:51:28,240 then you use like different colors and 15165 09:51:26,756 --> 09:51:30,116 different offers and then the products 15166 09:51:28,240 --> 09:51:31,916 that they click on in the ads aren't 15167 09:51:30,116 --> 09:51:34,520 even like on the first page of the 15168 09:51:31,916 --> 09:51:37,160 collection that's a subtle thing that 15169 09:51:34,520 --> 09:51:40,360 will completely hamstring your growth it 15170 09:51:37,160 --> 09:51:42,400 needs to feel the same and uniform from 15171 09:51:40,360 --> 09:51:44,240 not only the same it also has to feel 15172 09:51:42,400 --> 09:51:45,880 uniform I love repeating myself with the 15173 09:51:44,240 --> 09:51:48,080 same meaning word I don't know why but 15174 09:51:45,880 --> 09:51:49,800 it's just a hobby of mine but anyway so 15175 09:51:48,080 --> 09:51:51,800 from the ads to the collection page to 15176 09:51:49,800 --> 09:51:54,240 the product page make sure that your 15177 09:51:51,800 --> 09:51:56,880 offers your use of emojis your brand 15178 09:51:54,240 --> 09:51:58,840 voice discount codes the pricing the 15179 09:51:56,880 --> 09:52:00,640 product images all of it all the way 15180 09:51:58,840 --> 09:52:02,240 through is exactly the same all the way 15181 09:52:00,640 --> 09:52:03,800 through to the checkout and then to the 15182 09:52:02,240 --> 09:52:05,596 thank you page and then to your email 15183 09:52:03,800 --> 09:52:07,276 follow-ups needs to feel like it was 15184 09:52:05,596 --> 09:52:09,276 written by the same youu in the same 15185 09:52:07,276 --> 09:52:11,200 mood all the way through sixth and this 15186 09:52:09,276 --> 09:52:12,840 is one that I'm still honestly guilty of 15187 09:52:11,200 --> 09:52:14,320 is not enough cross sales or product 15188 09:52:12,840 --> 09:52:16,000 recommendations the best time to get 15189 09:52:14,320 --> 09:52:18,480 somebody to buy is after they've just 15190 09:52:16,000 --> 09:52:21,160 bought something from you so cross sales 15191 09:52:18,480 --> 09:52:23,596 and UPS sales is one of the the easiest 15192 09:52:21,160 --> 09:52:24,880 ways to boost the revenue and more 15193 09:52:23,596 --> 09:52:26,320 importantly The Profit CU you already 15194 09:52:24,880 --> 09:52:28,116 PID the acquisition cost to get the 15195 09:52:26,320 --> 09:52:29,800 person and then on the cross sales and 15196 09:52:28,116 --> 09:52:31,400 recommendations front if you look at 15197 09:52:29,800 --> 09:52:33,720 Amazon for example the leading 15198 09:52:31,400 --> 09:52:35,840 e-commerce provider if you go from above 15199 09:52:33,720 --> 09:52:37,360 the fold which is the top section to the 15200 09:52:35,840 --> 09:52:38,520 very bottom so you want to like scroll 15201 09:52:37,360 --> 09:52:40,480 from there you want to check out the 15202 09:52:38,520 --> 09:52:42,480 reviews you never realize how far you 15203 09:52:40,480 --> 09:52:45,116 have to scroll at least on desktop and 15204 09:52:42,480 --> 09:52:46,240 if you look at the number of layers they 15205 09:52:45,116 --> 09:52:48,640 have of different product 15206 09:52:46,240 --> 09:52:50,756 recommendations it is insane let's 15207 09:52:48,640 --> 09:52:54,916 actually do it right now let's go to 15208 09:52:50,756 --> 09:52:57,276 Amazon let's go spring graphic te's so 15209 09:52:54,916 --> 09:53:00,840 this is above the 15210 09:52:57,276 --> 09:53:03,320 fold okay there's 15211 09:53:00,840 --> 09:53:06,560 one there's 15212 09:53:03,320 --> 09:53:09,360 two there's 15213 09:53:06,560 --> 09:53:10,880 three 15214 09:53:09,360 --> 09:53:15,916 4 15215 09:53:10,880 --> 09:53:19,040 5 6 7even seven different sections on a 15216 09:53:15,916 --> 09:53:20,560 single product page recommending other 15217 09:53:19,040 --> 09:53:23,320 other products that is something we we 15218 09:53:20,560 --> 09:53:26,240 can all seriously learn from that is 15219 09:53:23,320 --> 09:53:27,520 wild as I've always myself included I've 15220 09:53:26,240 --> 09:53:28,960 always had the thought of like well I 15221 09:53:27,520 --> 09:53:31,160 don't want to overwhelm people I don't 15222 09:53:28,960 --> 09:53:34,400 want to like seem too salesy with our 15223 09:53:31,160 --> 09:53:36,040 product pages but Amazon's I know we're 15224 09:53:34,400 --> 09:53:37,320 not building an Amazon obviously we're 15225 09:53:36,040 --> 09:53:39,000 not building in Amazon but there's 15226 09:53:37,320 --> 09:53:40,880 something to learn from over 15227 09:53:39,000 --> 09:53:43,200 recommending products because Amazon 15228 09:53:40,880 --> 09:53:45,116 does it for a reason can't even imagine 15229 09:53:43,200 --> 09:53:47,640 how many split tests they've run to get 15230 09:53:45,116 --> 09:53:50,400 to this kind of page layout but anyways 15231 09:53:47,640 --> 09:53:52,436 back to it mistake number seven is not 15232 09:53:50,400 --> 09:53:54,560 optimizing their conversion rate by 15233 09:53:52,436 --> 09:53:55,880 looking at it as a breakdown of the 15234 09:53:54,560 --> 09:53:57,640 three different things the add to cart 15235 09:53:55,880 --> 09:53:59,240 rate the initiate checkout and the 15236 09:53:57,640 --> 09:54:00,480 actual conversion rate this took me a 15237 09:53:59,240 --> 09:54:02,276 long time to learn but it's one of the 15238 09:54:00,480 --> 09:54:04,560 most valuable skills if you can call it 15239 09:54:02,276 --> 09:54:07,116 a skill that I picked up on is breaking 15240 09:54:04,560 --> 09:54:09,000 it down because it helps me hone my 15241 09:54:07,116 --> 09:54:11,360 focus and figure out where I should be 15242 09:54:09,000 --> 09:54:12,960 looking to fix the site conversion rate 15243 09:54:11,360 --> 09:54:14,480 and something that surprisingly few 15244 09:54:12,960 --> 09:54:16,000 people do like if they say they have a 15245 09:54:14,480 --> 09:54:18,040 low conversion rate they just say they 15246 09:54:16,000 --> 09:54:19,480 have a low conversion rate the immediate 15247 09:54:18,040 --> 09:54:20,840 the first question I always ask people 15248 09:54:19,480 --> 09:54:22,436 is what you're had to cart rate what's 15249 09:54:20,840 --> 09:54:24,276 your initiate checkout then what's your 15250 09:54:22,436 --> 09:54:25,360 conversion rate and they normally have 15251 09:54:24,276 --> 09:54:27,080 to go look it up cuz they're not even 15252 09:54:25,360 --> 09:54:29,000 aware but you should always know like 15253 09:54:27,080 --> 09:54:30,560 where is the actual break in the funnel 15254 09:54:29,000 --> 09:54:33,276 where are people dropping off don't just 15255 09:54:30,560 --> 09:54:35,240 say oh my site doesn't convert no where 15256 09:54:33,276 --> 09:54:37,756 it's not converting cuz your site is not 15257 09:54:35,240 --> 09:54:39,640 just a site it's broken up into chunks 15258 09:54:37,756 --> 09:54:40,640 and obviously it's cohesive like we said 15259 09:54:39,640 --> 09:54:43,000 you have to be looking at the whole 15260 09:54:40,640 --> 09:54:44,916 customer Journey but as we're optimizing 15261 09:54:43,000 --> 09:54:47,080 conversion rate in particular you have 15262 09:54:44,916 --> 09:54:49,640 to look at the individual sections last 15263 09:54:47,080 --> 09:54:51,680 but not least site speed bogging down 15264 09:54:49,640 --> 09:54:53,520 your site with way too many apps just 15265 09:54:51,680 --> 09:54:55,080 constantly run a site speed test at 15266 09:54:53,520 --> 09:54:56,680 least once a week and that'll 15267 09:54:55,080 --> 09:54:58,040 dramatically improve your sight's 15268 09:54:56,680 --> 09:54:59,880 conversion rate because I guarantee that 15269 09:54:58,040 --> 09:55:02,160 at some point if you aren't running site 15270 09:54:59,880 --> 09:55:04,200 speed test even if you are being very 15271 09:55:02,160 --> 09:55:05,640 careful about your apps at some point it 15272 09:55:04,200 --> 09:55:07,480 will creep up on you it's just 15273 09:55:05,640 --> 09:55:09,596 inevitable it might be 6 months it might 15274 09:55:07,480 --> 09:55:11,520 be a year might be 2 years at some point 15275 09:55:09,596 --> 09:55:13,360 the sight speed will creep up and your 15276 09:55:11,520 --> 09:55:15,080 conversion rate will start to drop and 15277 09:55:13,360 --> 09:55:16,960 if you're just watching it once a week 15278 09:55:15,080 --> 09:55:18,640 takes 2 minutes you'll end up preventing 15279 09:55:16,960 --> 09:55:20,880 that and saving yourself who knows how 15280 09:55:18,640 --> 09:55:22,756 much money anyways those are are the 15281 09:55:20,880 --> 09:55:24,596 eight biggest mistakes that I see on 15282 09:55:22,756 --> 09:55:26,400 Shopify I'm sure there's lots of others 15283 09:55:24,596 --> 09:55:27,640 but they're in no particular order I 15284 09:55:26,400 --> 09:55:29,680 would say the most important one 15285 09:55:27,640 --> 09:55:31,400 probably is not emulating a proven store 15286 09:55:29,680 --> 09:55:33,560 and just sitting down and coming up with 15287 09:55:31,400 --> 09:55:35,240 stuff off top of your head that's why 15288 09:55:33,560 --> 09:55:36,880 this whole course where the whole 15289 09:55:35,240 --> 09:55:38,800 Shopify section we've been walking 15290 09:55:36,880 --> 09:55:41,756 through setting up like a proven store 15291 09:55:38,800 --> 09:55:44,560 it's the exact layout closely to what we 15292 09:55:41,756 --> 09:55:46,240 used on our stores super basic but we 15293 09:55:44,560 --> 09:55:47,480 weren't just doing it randomly we were 15294 09:55:46,240 --> 09:55:49,040 doing it because it's something that 15295 09:55:47,480 --> 09:55:50,596 converts and you also notice it's not 15296 09:55:49,040 --> 09:55:51,800 the most beautiful thing by any means 15297 09:55:50,596 --> 09:55:53,320 it's going to look a lot better as we 15298 09:55:51,800 --> 09:55:55,436 add more products and stuff but not 15299 09:55:53,320 --> 09:55:58,000 emulating proven store is definitely a 15300 09:55:55,436 --> 09:55:59,800 big one and not enough products so those 15301 09:55:58,000 --> 09:56:01,400 two things alone probably I would say 15302 09:55:59,800 --> 09:56:03,480 8020 principle those are the two to 15303 09:56:01,400 --> 09:56:05,000 focus on the most so hope this helps 15304 09:56:03,480 --> 09:56:06,320 some of you avoid some of the the 15305 09:56:05,000 --> 09:56:07,756 heartache and struggles that I went 15306 09:56:06,320 --> 09:56:08,670 through and yeah I'll see you in the 15307 09:56:07,756 --> 09:56:18,756 next 15308 09:56:08,670 --> 09:56:21,160 [Music] 15309 09:56:18,756 --> 09:56:23,240 lesson module six we're going to be 15310 09:56:21,160 --> 09:56:26,000 starting to dive into the world of 15311 09:56:23,240 --> 09:56:27,800 driving traffic to our Shopify stores 15312 09:56:26,000 --> 09:56:30,116 and this is personally my favorite 15313 09:56:27,800 --> 09:56:32,360 section of this entire process just the 15314 09:56:30,116 --> 09:56:34,360 marketing Facebook ads email all that 15315 09:56:32,360 --> 09:56:36,040 stuff is a lot of fun to me and 15316 09:56:34,360 --> 09:56:38,240 hopefully it will be for you too in this 15317 09:56:36,040 --> 09:56:39,916 video just going to be quickly covering 15318 09:56:38,240 --> 09:56:41,720 what's going to be included in this 15319 09:56:39,916 --> 09:56:43,640 module so you can jump around to the 15320 09:56:41,720 --> 09:56:45,596 section that's most relevant to you and 15321 09:56:43,640 --> 09:56:46,756 first off I want to mention the metaphor 15322 09:56:45,596 --> 09:56:48,436 that we're going to be coming back to 15323 09:56:46,756 --> 09:56:50,880 time and time again which is the brick 15324 09:56:48,436 --> 09:56:53,080 and mortar store example with all of the 15325 09:56:50,880 --> 09:56:55,916 you know Advanced marketing tactics and 15326 09:56:53,080 --> 09:56:58,000 strategies and AI Facebook ads could be 15327 09:56:55,916 --> 09:56:59,240 kind of overwhelming really overwhelming 15328 09:56:58,000 --> 09:57:02,360 especially as just someone who's 15329 09:56:59,240 --> 09:57:04,320 starting out to really understand what's 15330 09:57:02,360 --> 09:57:05,596 what and what's the most important so 15331 09:57:04,320 --> 09:57:07,520 the way we're going to be looking at all 15332 09:57:05,596 --> 09:57:09,520 of our marketing is if we have just a 15333 09:57:07,520 --> 09:57:11,680 simple brick-and mortar store on the 15334 09:57:09,520 --> 09:57:13,080 street what would we say to people what 15335 09:57:11,680 --> 09:57:14,640 would our marketing look like to get 15336 09:57:13,080 --> 09:57:17,160 people to come in the door and then that 15337 09:57:14,640 --> 09:57:18,520 metaphor lends itself really nicely to 15338 09:57:17,160 --> 09:57:21,116 what we're actually going to be doing 15339 09:57:18,520 --> 09:57:23,436 for our Shopify store and by and large 15340 09:57:21,116 --> 09:57:25,880 our strategy can be summed up as driving 15341 09:57:23,436 --> 09:57:27,756 mostly Facebook and Instagram traffic to 15342 09:57:25,880 --> 09:57:29,400 our Shopify collection page then we're 15343 09:57:27,756 --> 09:57:32,080 going to be using Google shopping and 15344 09:57:29,400 --> 09:57:33,680 Google search ads for retargeting then 15345 09:57:32,080 --> 09:57:36,680 we're going to set up our email flows 15346 09:57:33,680 --> 09:57:39,116 and automations for retargeting to 15347 09:57:36,680 --> 09:57:41,680 people who abandon cart or checkout as 15348 09:57:39,116 --> 09:57:43,680 well as building further relationships 15349 09:57:41,680 --> 09:57:45,560 with our existing customers and we're 15350 09:57:43,680 --> 09:57:48,040 splitting this up into two separate 15351 09:57:45,560 --> 09:57:50,520 sections within the module the first is 15352 09:57:48,040 --> 09:57:53,000 Facebook and within the Facebook module 15353 09:57:50,520 --> 09:57:54,840 you're going to be learning Facebook ads 15354 09:57:53,000 --> 09:57:57,000 versus Google versus Tik Tok What the 15355 09:57:54,840 --> 09:57:59,240 differences are when it makes sense to 15356 09:57:57,000 --> 09:58:01,560 use each depending on your brand along 15357 09:57:59,240 --> 09:58:03,040 with my personal experience and again 15358 09:58:01,560 --> 09:58:04,276 all of this is just from my personal 15359 09:58:03,040 --> 09:58:05,880 experience there's going to be lots of 15360 09:58:04,276 --> 09:58:07,840 people that have different opinions on 15361 09:58:05,880 --> 09:58:09,436 how to drive traffic just evaluate each 15362 09:58:07,840 --> 09:58:10,680 one and see if the person has actually 15363 09:58:09,436 --> 09:58:12,080 done the thing they're telling you and 15364 09:58:10,680 --> 09:58:14,436 if they have then great they probably 15365 09:58:12,080 --> 09:58:16,320 have something valid to share but for me 15366 09:58:14,436 --> 09:58:18,000 this has always been a great strategy 15367 09:58:16,320 --> 09:58:19,480 Facebook has always worked extremely 15368 09:58:18,000 --> 09:58:20,960 well for us when it's set up the way 15369 09:58:19,480 --> 09:58:22,560 that we're going to be doing in just a 15370 09:58:20,960 --> 09:58:24,200 second next we're going to be explaining 15371 09:58:22,560 --> 09:58:25,840 within this module the highle Facebook 15372 09:58:24,200 --> 09:58:27,880 ad strategy so that'll be kind of a more 15373 09:58:25,840 --> 09:58:29,520 conceptual lesson so if you feel like 15374 09:58:27,880 --> 09:58:31,160 you already have a really good handle on 15375 09:58:29,520 --> 09:58:33,200 things you can skip over that kind of 15376 09:58:31,160 --> 09:58:35,360 stuff but we're going to do a lot of 15377 09:58:33,200 --> 09:58:36,880 tactical like Click by click setting up 15378 09:58:35,360 --> 09:58:38,000 our ad account everything you need to 15379 09:58:36,880 --> 09:58:39,960 know but then we're also going to 15380 09:58:38,000 --> 09:58:42,400 explain from a 10,000 fot view the 15381 09:58:39,960 --> 09:58:43,596 conceptual things and strategies behind 15382 09:58:42,400 --> 09:58:44,720 why we're doing what we're doing we're 15383 09:58:43,596 --> 09:58:47,640 going to be setting up our business 15384 09:58:44,720 --> 09:58:48,840 manager ad account pixel catalog Pages 15385 09:58:47,640 --> 09:58:51,080 all that good stuff then we're going to 15386 09:58:48,840 --> 09:58:54,200 be launching our testing campaigns with 15387 09:58:51,080 --> 09:58:55,360 our initial lower test budget and bottom 15388 09:58:54,200 --> 09:58:57,560 line we're going to be covering 15389 09:58:55,360 --> 09:58:59,000 everything you need to know from zero 15390 09:58:57,560 --> 09:59:01,200 understanding of Facebook doesn't matter 15391 09:58:59,000 --> 09:59:02,720 how overwhelmed you feel by diving into 15392 09:59:01,200 --> 09:59:04,480 Facebook ads today we're going to go 15393 09:59:02,720 --> 09:59:06,880 hold you by the hand and go through 15394 09:59:04,480 --> 09:59:08,436 everything together then in the second 15395 09:59:06,880 --> 09:59:10,680 section of this module we're going to go 15396 09:59:08,436 --> 09:59:13,040 over Google and other types of traffic 15397 09:59:10,680 --> 09:59:15,200 so our highle Google ad strategy Google 15398 09:59:13,040 --> 09:59:17,520 ad account setup our Google analytics 15399 09:59:15,200 --> 09:59:19,320 setup so we get tracking which is a 15400 09:59:17,520 --> 09:59:20,560 really awesome free tool we're going to 15401 09:59:19,320 --> 09:59:22,116 talk more about that that then we're 15402 09:59:20,560 --> 09:59:24,756 going to talk about organic content 15403 09:59:22,116 --> 09:59:26,240 strategy and even though the majority of 15404 09:59:24,756 --> 09:59:28,960 our strategies are going to center 15405 09:59:26,240 --> 09:59:30,596 around paid traffic if you have 0 for ad 15406 09:59:28,960 --> 09:59:32,520 spend we'll talk about some ways that 15407 09:59:30,596 --> 09:59:34,400 you can approach that and get albeit 15408 09:59:32,520 --> 09:59:36,800 slower results but still get some 15409 09:59:34,400 --> 09:59:38,800 results and some traction to build your 15410 09:59:36,800 --> 09:59:40,200 way up to launching your first paid 15411 09:59:38,800 --> 09:59:42,680 campaign we're going to talk about how 15412 09:59:40,200 --> 09:59:44,916 we use our affiliate program to turn our 15413 09:59:42,680 --> 09:59:46,800 existing customers into advocates for 15414 09:59:44,916 --> 09:59:50,116 our brand like referring their friends 15415 09:59:46,800 --> 09:59:52,080 family as well as other content creators 15416 09:59:50,116 --> 09:59:53,520 and get them to help promote our brand 15417 09:59:52,080 --> 09:59:55,200 as well and then we're going to talk 15418 09:59:53,520 --> 09:59:57,200 about some of the biggest ad mistakes 15419 09:59:55,200 --> 09:59:59,756 that we see last thing to wrap up this 15420 09:59:57,200 --> 10:00:01,560 traffic overview is an understanding of 15421 09:59:59,756 --> 10:00:04,360 the phases that we go through as we're 15422 10:00:01,560 --> 10:00:05,720 ramping up our paid traffic or our 15423 10:00:04,360 --> 10:00:08,720 traffic in general like what are our 15424 10:00:05,720 --> 10:00:10,240 goals and it's not just our goal when we 15425 10:00:08,720 --> 10:00:12,116 first start is not just going right to a 15426 10:00:10,240 --> 10:00:13,916 million dollars and spend trying to make 15427 10:00:12,116 --> 10:00:15,800 a seven figureure brand we start out 15428 10:00:13,916 --> 10:00:18,480 very incrementally to make it one 15429 10:00:15,800 --> 10:00:21,080 manageable but two as profitable early 15430 10:00:18,480 --> 10:00:23,640 on as humanly possible and these phases 15431 10:00:21,080 --> 10:00:26,520 are phase one is testing and our goal 15432 10:00:23,640 --> 10:00:29,400 here is to get $1 in so spending a 15433 10:00:26,520 --> 10:00:31,080 dollar to make a $150 to $2 back and 15434 10:00:29,400 --> 10:00:32,276 this is basically where for lack of a 15435 10:00:31,080 --> 10:00:33,680 better term we're going to be throwing a 15436 10:00:32,276 --> 10:00:35,436 bunch of stuff at the ball and see what 15437 10:00:33,680 --> 10:00:36,560 sticks and we'll talk about what those 15438 10:00:35,436 --> 10:00:38,040 things are like what the different 15439 10:00:36,560 --> 10:00:40,240 elements are that we're going to be 15440 10:00:38,040 --> 10:00:41,916 playing with but after the testing phase 15441 10:00:40,240 --> 10:00:43,560 and the testing phase can take it all 15442 10:00:41,916 --> 10:00:46,160 depends on how much time you're putting 15443 10:00:43,560 --> 10:00:48,800 into this like somebody who's willing to 15444 10:00:46,160 --> 10:00:50,160 create five ads five different creatives 15445 10:00:48,800 --> 10:00:51,680 it's going to take them longer to see 15446 10:00:50,160 --> 10:00:53,800 results compared to somebody who is 15447 10:00:51,680 --> 10:00:56,040 launching 500 ads not saying you need to 15448 10:00:53,800 --> 10:00:57,720 go that far but just understand that 15449 10:00:56,040 --> 10:01:00,080 this is just like everything else with 15450 10:00:57,720 --> 10:01:01,800 this business and in life really the 15451 10:01:00,080 --> 10:01:03,116 amount of effort you put into this is 15452 10:01:01,800 --> 10:01:05,360 the amount that you're going to get back 15453 10:01:03,116 --> 10:01:07,916 so your testing phase could take a year 15454 10:01:05,360 --> 10:01:09,756 or it could take a week depending on how 15455 10:01:07,916 --> 10:01:11,116 much work and how closely you're 15456 10:01:09,756 --> 10:01:13,080 following along with what we're doing in 15457 10:01:11,116 --> 10:01:14,960 this training but the second phase is 15458 10:01:13,080 --> 10:01:17,360 laying our foundation so after we've 15459 10:01:14,960 --> 10:01:19,560 tested some ads we've validated that we 15460 10:01:17,360 --> 10:01:21,840 have a decent enough product collection 15461 10:01:19,560 --> 10:01:25,360 our goal is to get to a steady point of 15462 10:01:21,840 --> 10:01:27,596 a do in $3 back and at this point we're 15463 10:01:25,360 --> 10:01:30,240 going to be at relatively low spend so 15464 10:01:27,596 --> 10:01:31,840 you know 100 bucks a day if that and 15465 10:01:30,240 --> 10:01:33,436 we're going to be making about 300 bucks 15466 10:01:31,840 --> 10:01:35,360 back so we're not setting the world on 15467 10:01:33,436 --> 10:01:38,000 fire we're not turning a huge profit but 15468 10:01:35,360 --> 10:01:39,756 our goal is laying a foundation for yeah 15469 10:01:38,000 --> 10:01:41,436 along with that we validate the niche we 15470 10:01:39,756 --> 10:01:43,520 know that there's enough there to 15471 10:01:41,436 --> 10:01:45,436 Warrant us investing our time further to 15472 10:01:43,520 --> 10:01:47,720 get us the phase three which is scaling 15473 10:01:45,436 --> 10:01:49,560 and at this point we've got a good brand 15474 10:01:47,720 --> 10:01:51,916 we have ads that are working well we 15475 10:01:49,560 --> 10:01:54,080 have like our three or four winning ads 15476 10:01:51,916 --> 10:01:56,276 and at this point our goal is to figure 15477 10:01:54,080 --> 10:01:59,960 out or solve the problem of how can we 15478 10:01:56,276 --> 10:02:01,080 put $1,000 in at a consistent or better 15479 10:01:59,960 --> 10:02:03,040 return than we were seeing at the 15480 10:02:01,080 --> 10:02:07,240 foundation level so how can we put in 15481 10:02:03,040 --> 10:02:10,640 $100,000 and get $300,000 out which in 15482 10:02:07,240 --> 10:02:12,400 this model would be about 15 to 25% 15483 10:02:10,640 --> 10:02:14,916 profit margin depending on a lot of 15484 10:02:12,400 --> 10:02:17,640 different variables but roughly $60,000 15485 10:02:14,916 --> 10:02:20,000 profit and then beyond that how are we 15486 10:02:17,640 --> 10:02:22,756 able to replicate our results at not 15487 10:02:20,000 --> 10:02:25,720 just $100,000 but million dollar in $3 15488 10:02:22,756 --> 10:02:28,436 million back or a million in 4 million 15489 10:02:25,720 --> 10:02:30,116 back so this is how we break it up 15490 10:02:28,436 --> 10:02:31,756 solving each of these problems in 15491 10:02:30,116 --> 10:02:33,520 different phases so we're not just 15492 10:02:31,756 --> 10:02:35,400 trying to go from right out of the gate 15493 10:02:33,520 --> 10:02:37,520 to 300K in sales we're trying to 15494 10:02:35,400 --> 10:02:39,520 incrementally work our way up to that 15495 10:02:37,520 --> 10:02:41,240 all the while we're finding our winning 15496 10:02:39,520 --> 10:02:42,560 ads finding our winning products but 15497 10:02:41,240 --> 10:02:43,680 you're also going to be learning a lot 15498 10:02:42,560 --> 10:02:45,400 you're going to be learning the skill 15499 10:02:43,680 --> 10:02:47,520 set of running Facebook ads and just 15500 10:02:45,400 --> 10:02:49,916 paid traffic and advertising in general 15501 10:02:47,520 --> 10:02:51,520 which is so valuable in not just this 15502 10:02:49,916 --> 10:02:53,276 context of like e-commerce which we're 15503 10:02:51,520 --> 10:02:55,040 going to be talking about it in mainly 15504 10:02:53,276 --> 10:02:57,040 but in any business cuz what you learn 15505 10:02:55,040 --> 10:03:00,240 here can be applied to doesn't matter if 15506 10:02:57,040 --> 10:03:03,276 you're software Consulting Services info 15507 10:03:00,240 --> 10:03:05,436 products whatever it is local business 15508 10:03:03,276 --> 10:03:07,560 these strategies can work there too it 15509 10:03:05,436 --> 10:03:09,960 really doesn't change from the 15510 10:03:07,560 --> 10:03:12,160 entrylevel e-commerce business to the 15511 10:03:09,960 --> 10:03:14,080 eight figure Brands their traffic and 15512 10:03:12,160 --> 10:03:15,200 like marketing strategies are not all 15513 10:03:14,080 --> 10:03:16,960 that different from what we're going to 15514 10:03:15,200 --> 10:03:19,040 be covering here it's just they do a 15515 10:03:16,960 --> 10:03:21,160 whole lot more of it and instead of you 15516 10:03:19,040 --> 10:03:23,116 know one person doing everything making 15517 10:03:21,160 --> 10:03:25,480 all the creative all the ad copy all the 15518 10:03:23,116 --> 10:03:27,480 offers they have teams of people so then 15519 10:03:25,480 --> 10:03:28,960 they'll have one or many people making 15520 10:03:27,480 --> 10:03:30,916 all the creative one or many people 15521 10:03:28,960 --> 10:03:32,840 writing all the ad copy but more or less 15522 10:03:30,916 --> 10:03:34,160 what they're doing is just exactly what 15523 10:03:32,840 --> 10:03:36,000 we're going to be learning here just at 15524 10:03:34,160 --> 10:03:37,720 a much different scale so by the end of 15525 10:03:36,000 --> 10:03:39,756 this module you're going to have created 15526 10:03:37,720 --> 10:03:42,040 your Facebook business manager set up 15527 10:03:39,756 --> 10:03:43,480 our Facebook page our ad account our 15528 10:03:42,040 --> 10:03:45,596 product catalog we're going to have 15529 10:03:43,480 --> 10:03:47,400 connected our Shopify store to Facebook 15530 10:03:45,596 --> 10:03:49,800 for tracking via the app we're also 15531 10:03:47,400 --> 10:03:51,160 going to set up the Facebook pixel API 15532 10:03:49,800 --> 10:03:52,320 not just the normal pixel but we're 15533 10:03:51,160 --> 10:03:54,276 going to make sure that we're setting up 15534 10:03:52,320 --> 10:03:56,200 service side tracking so that it's as 15535 10:03:54,276 --> 10:03:58,160 accurate as possible then we're going to 15536 10:03:56,200 --> 10:04:00,680 reorganize our Facebook metrics within 15537 10:03:58,160 --> 10:04:03,320 our dashboard and launch our testing 15538 10:04:00,680 --> 10:04:05,116 campaign along with Google analytics add 15539 10:04:03,320 --> 10:04:07,756 account and our Google shopping 15540 10:04:05,116 --> 10:04:09,916 campaigns and Google search and then all 15541 10:04:07,756 --> 10:04:12,080 of the email stuff will be covered later 15542 10:04:09,916 --> 10:04:14,160 on that's it for this module I hope you 15543 10:04:12,080 --> 10:04:15,840 guys are as excited as I am like I said 15544 10:04:14,160 --> 10:04:17,800 this is my favorite stuff going to try 15545 10:04:15,840 --> 10:04:19,040 to make it fun but this is where you 15546 10:04:17,800 --> 10:04:20,880 know the rubber meets the road and we 15547 10:04:19,040 --> 10:04:22,370 can really start bringing in some sales 15548 10:04:20,880 --> 10:04:32,436 so let's get into 15549 10:04:22,370 --> 10:04:34,560 [Music] 15550 10:04:32,436 --> 10:04:36,916 it now we're going to learn about 15551 10:04:34,560 --> 10:04:39,480 Facebook ads first from a conceptual 15552 10:04:36,916 --> 10:04:41,560 standpoint to get our 10,000 ft View and 15553 10:04:39,480 --> 10:04:43,680 learn about how they work why they work 15554 10:04:41,560 --> 10:04:45,240 the best practices and kind of give us a 15555 10:04:43,680 --> 10:04:46,960 framework for understanding what we're 15556 10:04:45,240 --> 10:04:49,720 about to be setting up in the next 15557 10:04:46,960 --> 10:04:51,756 module so again this is more conceptual 15558 10:04:49,720 --> 10:04:53,800 learning everything that sharing the 15559 10:04:51,756 --> 10:04:55,360 most important stuff that I can come up 15560 10:04:53,800 --> 10:04:57,680 with after spending millions of dollars 15561 10:04:55,360 --> 10:04:59,720 on Facebook ads then the next lesson is 15562 10:04:57,680 --> 10:05:01,000 going to be like the Tactical like Click 15563 10:04:59,720 --> 10:05:02,596 by click so if that's what you're 15564 10:05:01,000 --> 10:05:04,360 looking for feel free to skip ahead to 15565 10:05:02,596 --> 10:05:06,200 that but highly recommend if you're not 15566 10:05:04,360 --> 10:05:07,436 that familiar with Facebook ads to stay 15567 10:05:06,200 --> 10:05:09,436 tuned for this part cuz it's going to 15568 10:05:07,436 --> 10:05:11,320 give you a really good grounding 15569 10:05:09,436 --> 10:05:13,400 understanding of what's to come and 15570 10:05:11,320 --> 10:05:15,596 where it fits in so at a super high 15571 10:05:13,400 --> 10:05:17,360 level our goal with Facebook ads like on 15572 10:05:15,596 --> 10:05:19,840 any advertising platform but in 15573 10:05:17,360 --> 10:05:22,360 particular social media platforms is is 15574 10:05:19,840 --> 10:05:24,276 to understand the frame of mind that 15575 10:05:22,360 --> 10:05:26,040 people are in when they're scrolling 15576 10:05:24,276 --> 10:05:28,596 they're scatterbrained they're all over 15577 10:05:26,040 --> 10:05:30,880 the place passively consuming content 15578 10:05:28,596 --> 10:05:33,400 and the goal is for us to come up with 15579 10:05:30,880 --> 10:05:35,640 ads of our products that are scroll 15580 10:05:33,400 --> 10:05:37,116 stopping get people to click and come 15581 10:05:35,640 --> 10:05:39,680 check out our website once they're on 15582 10:05:37,116 --> 10:05:42,680 the website that's up for our Shopify 15583 10:05:39,680 --> 10:05:45,116 optimization team which is also us to 15584 10:05:42,680 --> 10:05:47,480 get them to convert but our goal is to 15585 10:05:45,116 --> 10:05:49,720 get people to stop build trust and call 15586 10:05:47,480 --> 10:05:51,400 them to action to get them to click 15587 10:05:49,720 --> 10:05:52,800 which sounds very basic but always keep 15588 10:05:51,400 --> 10:05:54,360 that in mind that at the end of the day 15589 10:05:52,800 --> 10:05:56,320 that's what our real goal is and when I 15590 10:05:54,360 --> 10:05:58,520 first started running ads I would come 15591 10:05:56,320 --> 10:06:00,160 up with three or four ideas of what I 15592 10:05:58,520 --> 10:06:02,240 thought made a good ad and I would put 15593 10:06:00,160 --> 10:06:04,276 it in the ad account and just see what 15594 10:06:02,240 --> 10:06:06,520 happened and that never really yielded 15595 10:06:04,276 --> 10:06:09,436 good results surprise surprise what I do 15596 10:06:06,520 --> 10:06:11,520 now is number one I try to emulate the 15597 10:06:09,436 --> 10:06:13,040 ads and the marketing that I've seen 15598 10:06:11,520 --> 10:06:15,040 other people that are selling similar 15599 10:06:13,040 --> 10:06:16,960 products do and what they've had success 15600 10:06:15,040 --> 10:06:18,840 with which again back to the example 15601 10:06:16,960 --> 10:06:20,240 mirror board that we have for you go 15602 10:06:18,840 --> 10:06:22,116 take a look at that see what other 15603 10:06:20,240 --> 10:06:24,240 companies are doing that's step number 15604 10:06:22,116 --> 10:06:25,880 one and a big thing that a lot of people 15605 10:06:24,240 --> 10:06:28,520 skip over and number two is just the 15606 10:06:25,880 --> 10:06:30,240 sheer volume of what I'm doing in the ad 15607 10:06:28,520 --> 10:06:32,320 account is completely different now no 15608 10:06:30,240 --> 10:06:34,640 longer will I launch three or four ads 15609 10:06:32,320 --> 10:06:37,720 and hope for the best like I'm launching 15610 10:06:34,640 --> 10:06:39,756 30 40 50 ads at bare minimum to get 15611 10:06:37,720 --> 10:06:42,000 started the good news is that Facebook 15612 10:06:39,756 --> 10:06:43,680 has new ad types where it's able to 15613 10:06:42,000 --> 10:06:45,240 automate a whole lot of that process 15614 10:06:43,680 --> 10:06:47,320 which we're going to be covering but 15615 10:06:45,240 --> 10:06:49,960 just keep in mind that the volume of ads 15616 10:06:47,320 --> 10:06:51,720 you're launching is one of the biggest 15617 10:06:49,960 --> 10:06:53,040 dial movers that you can play with and 15618 10:06:51,720 --> 10:06:54,800 so after we get through that initial 15619 10:06:53,040 --> 10:06:57,000 phase of throwing stuff at the wall 15620 10:06:54,800 --> 10:06:58,916 going through our testing then our goal 15621 10:06:57,000 --> 10:07:01,200 is to narrow it down to three or four 15622 10:06:58,916 --> 10:07:03,400 winning quote unquote winning ads they 15623 10:07:01,200 --> 10:07:05,116 are able to basically carry the account 15624 10:07:03,400 --> 10:07:06,960 for an extended period of time like a 15625 10:07:05,116 --> 10:07:08,916 few months and then after that once we 15626 10:07:06,960 --> 10:07:10,640 get out of that initial like testing and 15627 10:07:08,916 --> 10:07:12,840 Foundation phase our goal is to be able 15628 10:07:10,640 --> 10:07:15,360 to just play around with the budgets so 15629 10:07:12,840 --> 10:07:17,360 nowadays like running an existing brand 15630 10:07:15,360 --> 10:07:21,000 I'm checking the ads like every other 15631 10:07:17,360 --> 10:07:23,160 day and bumping the budgets by 15 to 20% 15632 10:07:21,000 --> 10:07:24,880 on campaigns that are doing well and 15633 10:07:23,160 --> 10:07:26,880 decreasing it on ones that aren't doing 15634 10:07:24,880 --> 10:07:28,596 well I won't get into the Weeds now but 15635 10:07:26,880 --> 10:07:30,400 just understand that our goal is to get 15636 10:07:28,596 --> 10:07:32,916 quickly get past the point of it taking 15637 10:07:30,400 --> 10:07:35,640 all of our time and being able to get to 15638 10:07:32,916 --> 10:07:37,880 a point where it's our main job is just 15639 10:07:35,640 --> 10:07:39,916 monitoring it and making tweaks here and 15640 10:07:37,880 --> 10:07:42,000 there that's that's the end goal that we 15641 10:07:39,916 --> 10:07:43,560 want to get to with our ad account and 15642 10:07:42,000 --> 10:07:44,596 to give a more concrete example what 15643 10:07:43,560 --> 10:07:46,436 we're going to be doing probably 15644 10:07:44,596 --> 10:07:48,320 wondering like what does an ad actually 15645 10:07:46,436 --> 10:07:49,880 look like so to get a basic 15646 10:07:48,320 --> 10:07:51,320 understanding of what actually makes up 15647 10:07:49,880 --> 10:07:53,840 an ad what is it that we're going to be 15648 10:07:51,320 --> 10:07:55,800 building and how does each piece matter 15649 10:07:53,840 --> 10:07:57,276 well here's a example ad from the mirror 15650 10:07:55,800 --> 10:07:59,880 board from Wicked clo which is another 15651 10:07:57,276 --> 10:08:03,116 printon man apparel brand we have the ad 15652 10:07:59,880 --> 10:08:05,560 copy and hook slofer at the top then we 15653 10:08:03,116 --> 10:08:08,276 have the reason to buy or discount 15654 10:08:05,560 --> 10:08:11,040 scarcity then we have the call to action 15655 10:08:08,276 --> 10:08:12,680 or the link to buy and in the middle 15656 10:08:11,040 --> 10:08:15,240 obviously we have the creative which can 15657 10:08:12,680 --> 10:08:18,320 either be a picture a slideshow a 15658 10:08:15,240 --> 10:08:20,000 carousel a video all kinds of different 15659 10:08:18,320 --> 10:08:21,756 stuff it can be an Instagram story 15660 10:08:20,000 --> 10:08:23,436 Facebook story then we have the headline 15661 10:08:21,756 --> 10:08:25,400 down at the bottom and then we have the 15662 10:08:23,436 --> 10:08:26,360 link description and seeing all those 15663 10:08:25,400 --> 10:08:27,720 different variables it can get 15664 10:08:26,360 --> 10:08:30,640 overwhelming and think that they all 15665 10:08:27,720 --> 10:08:33,400 matter which is why I want to show this 15666 10:08:30,640 --> 10:08:36,596 this is a breakdown of it's very 15667 10:08:33,400 --> 10:08:38,000 opinionated but in my experience after 15668 10:08:36,596 --> 10:08:40,720 again spending millions of dollars on 15669 10:08:38,000 --> 10:08:42,640 ads this is what I found to matter the 15670 10:08:40,720 --> 10:08:45,480 most when it comes to what moves the 15671 10:08:42,640 --> 10:08:47,480 dial for my ads and as you can see the 15672 10:08:45,480 --> 10:08:50,000 product you would think like ad creative 15673 10:08:47,480 --> 10:08:51,000 ad copy offers all these things when you 15674 10:08:50,000 --> 10:08:52,680 hear about them for the first time it 15675 10:08:51,000 --> 10:08:54,916 can be easy to think of them as equally 15676 10:08:52,680 --> 10:08:56,680 weighted and reason I'm making this pie 15677 10:08:54,916 --> 10:08:59,640 chart is to show you that they're very 15678 10:08:56,680 --> 10:09:02,596 clearly not and this could even be more 15679 10:08:59,640 --> 10:09:04,596 product related and a saying that helps 15680 10:09:02,596 --> 10:09:07,720 Hammer this point home is that you can 15681 10:09:04,596 --> 10:09:09,880 sell great products with terrible ads 15682 10:09:07,720 --> 10:09:11,800 but you can't sell terrible products 15683 10:09:09,880 --> 10:09:13,720 with great ads so just think about that 15684 10:09:11,800 --> 10:09:16,040 you could have the best marketer in the 15685 10:09:13,720 --> 10:09:18,276 world you could have Don Draper for 15686 10:09:16,040 --> 10:09:20,520 Madmen advertising in your ad account 15687 10:09:18,276 --> 10:09:22,680 but if you have a downright terrible 15688 10:09:20,520 --> 10:09:24,960 product yeah you might get some sales 15689 10:09:22,680 --> 10:09:27,520 like shortterm but you're never going to 15690 10:09:24,960 --> 10:09:29,880 build like a long-term successful 15691 10:09:27,520 --> 10:09:31,520 business let alone at account from 15692 10:09:29,880 --> 10:09:33,080 something that sucks reason I want to 15693 10:09:31,520 --> 10:09:34,756 hammer this home even more is that I see 15694 10:09:33,080 --> 10:09:37,000 so many people who launched their brands 15695 10:09:34,756 --> 10:09:39,276 for the first time and they spend all of 15696 10:09:37,000 --> 10:09:41,360 their time after they launch looking at 15697 10:09:39,276 --> 10:09:43,560 the left side of this pie chart split 15698 10:09:41,360 --> 10:09:45,480 testing their copy their offer they 15699 10:09:43,560 --> 10:09:47,116 targeting their ad creatives which don't 15700 10:09:45,480 --> 10:09:48,916 get me wrong obviously makes up a chunk 15701 10:09:47,116 --> 10:09:51,320 of the pie but especially when you're 15702 10:09:48,916 --> 10:09:53,200 starting out I highly recommend or 15703 10:09:51,320 --> 10:09:55,560 advise you to look more to the right 15704 10:09:53,200 --> 10:09:57,840 side look at your products cuz I can 15705 10:09:55,560 --> 10:09:59,480 tell you from personal experience that 15706 10:09:57,840 --> 10:10:01,880 there have been a lot of times that I've 15707 10:09:59,480 --> 10:10:04,680 launched a new store and it'll do 15708 10:10:01,880 --> 10:10:06,640 terrible and then over time I iterate on 15709 10:10:04,680 --> 10:10:08,560 the product catalog or maybe change to a 15710 10:10:06,640 --> 10:10:10,000 different Niche launch a different store 15711 10:10:08,560 --> 10:10:12,000 and do nothing different on the 15712 10:10:10,000 --> 10:10:14,480 marketing side literally the exact same 15713 10:10:12,000 --> 10:10:16,480 campaign structure ad copy offers 15714 10:10:14,480 --> 10:10:18,960 literally everything held constant on 15715 10:10:16,480 --> 10:10:20,400 the marketing side and the new brand or 15716 10:10:18,960 --> 10:10:23,400 new store with a different product 15717 10:10:20,400 --> 10:10:25,720 catalog will do 10 times better than the 15718 10:10:23,400 --> 10:10:27,436 results we ever saw with the first one 15719 10:10:25,720 --> 10:10:29,116 now why would that be it's because it's 15720 10:10:27,436 --> 10:10:30,680 not really the marketing it's all about 15721 10:10:29,116 --> 10:10:32,160 the product so going through each of 15722 10:10:30,680 --> 10:10:34,240 these the product is obviously your 15723 10:10:32,160 --> 10:10:35,640 product catalog we're talking about in 15724 10:10:34,240 --> 10:10:37,800 the context of print on demand for 15725 10:10:35,640 --> 10:10:40,240 example it's how good are your designs 15726 10:10:37,800 --> 10:10:41,960 how many designs you have how cohesive 15727 10:10:40,240 --> 10:10:44,276 are they like do they relate to each 15728 10:10:41,960 --> 10:10:46,240 other or they just random those types of 15729 10:10:44,276 --> 10:10:48,520 things which we covered a lot in the 15730 10:10:46,240 --> 10:10:50,160 product module next is the ad creative 15731 10:10:48,520 --> 10:10:52,360 which is your picture your videos your 15732 10:10:50,160 --> 10:10:53,880 slideshows are they attention grabbing 15733 10:10:52,360 --> 10:10:56,756 are they striking do they stand out in 15734 10:10:53,880 --> 10:10:58,840 the newsfeed do they evoke curiosity or 15735 10:10:56,756 --> 10:11:01,400 some kind of emotion are they funny then 15736 10:10:58,840 --> 10:11:03,880 next we have our ad copy and our offer 15737 10:11:01,400 --> 10:11:05,720 which kind of goes hand inand and the ad 15738 10:11:03,880 --> 10:11:07,680 copy is just essentially the language 15739 10:11:05,720 --> 10:11:10,200 that we're using like how persuasive is 15740 10:11:07,680 --> 10:11:12,320 it is it relatable does it use emojis 15741 10:11:10,200 --> 10:11:14,480 that grabs people's attention and add 15742 10:11:12,320 --> 10:11:16,596 copy like there's experts in this that 15743 10:11:14,480 --> 10:11:18,720 dedicate their entire lives to becoming 15744 10:11:16,596 --> 10:11:19,840 copywriters so there's a lot of amazing 15745 10:11:18,720 --> 10:11:21,560 books out there there that you can read 15746 10:11:19,840 --> 10:11:23,720 on that if you want to study more about 15747 10:11:21,560 --> 10:11:24,680 it but for the sake of what we're doing 15748 10:11:23,720 --> 10:11:26,200 I'm going to give us a bunch of 15749 10:11:24,680 --> 10:11:28,116 templates that we can use to get started 15750 10:11:26,200 --> 10:11:30,400 and then you can iterate from there next 15751 10:11:28,116 --> 10:11:32,800 is our targeting which this used to be a 15752 10:11:30,400 --> 10:11:34,680 much bigger piece of the pie like five 15753 10:11:32,800 --> 10:11:36,596 years ago when I was running ads I would 15754 10:11:34,680 --> 10:11:38,560 have hundreds of different audiences I 15755 10:11:36,596 --> 10:11:40,320 would have like entire spreadsheets of 15756 10:11:38,560 --> 10:11:42,520 audiences I was testing like different 15757 10:11:40,320 --> 10:11:45,720 interests and stuff and how I was like 15758 10:11:42,520 --> 10:11:48,160 combining them nowadays luckily for us 15759 10:11:45,720 --> 10:11:50,680 Facebook is so much better at optimizing 15760 10:11:48,160 --> 10:11:53,116 for who are buyers is that you ask any 15761 10:11:50,680 --> 10:11:54,916 Advertiser a lot of them nowadays even 15762 10:11:53,116 --> 10:11:56,480 the biggest ones are using just or 15763 10:11:54,916 --> 10:11:59,116 especially the biggest ones are just 15764 10:11:56,480 --> 10:12:01,800 using open targeting us 18 plus or 15765 10:11:59,116 --> 10:12:03,680 worldwide and letting Facebook optimize 15766 10:12:01,800 --> 10:12:04,960 for them because their algorithms has 15767 10:12:03,680 --> 10:12:06,916 gotten so much better at finding your 15768 10:12:04,960 --> 10:12:08,640 buyers and then the last piece is the 15769 10:12:06,916 --> 10:12:10,436 optimization this is kind of The X 15770 10:12:08,640 --> 10:12:13,480 Factor that's tough to quantify but this 15771 10:12:10,436 --> 10:12:15,800 is basically how good do we get at just 15772 10:12:13,480 --> 10:12:17,560 giving Facebook or whatever marketing 15773 10:12:15,800 --> 10:12:19,960 platform you're on giving them the data 15774 10:12:17,560 --> 10:12:22,720 that it needs and then just going hands 15775 10:12:19,960 --> 10:12:24,596 off and there's definitely a a science 15776 10:12:22,720 --> 10:12:26,320 or an art to this cuz there's times 15777 10:12:24,596 --> 10:12:28,116 where it's like very tempting to get in 15778 10:12:26,320 --> 10:12:29,880 there and like start tweaking our ad 15779 10:12:28,116 --> 10:12:31,756 account but these algorithms and for 15780 10:12:29,880 --> 10:12:34,200 Facebook to really work to our advantage 15781 10:12:31,756 --> 10:12:36,756 we need to give it time to just run and 15782 10:12:34,200 --> 10:12:38,520 optimize and again 5 years ago I was 15783 10:12:36,756 --> 10:12:40,320 doing the exact opposite of that I was 15784 10:12:38,520 --> 10:12:42,276 doing what was called the surfing method 15785 10:12:40,320 --> 10:12:44,200 where I was waking up and checking the 15786 10:12:42,276 --> 10:12:45,720 ads immediately bumping and cutting the 15787 10:12:44,200 --> 10:12:47,800 budgets based on perform like I was 15788 10:12:45,720 --> 10:12:50,480 changing stuff constantly all day every 15789 10:12:47,800 --> 10:12:53,116 day now it's once every other day I'm 15790 10:12:50,480 --> 10:12:54,520 doing minor changes but basically the 15791 10:12:53,116 --> 10:12:56,080 optimization is you have to let the 15792 10:12:54,520 --> 10:12:57,520 algorithms learn you have to let them do 15793 10:12:56,080 --> 10:12:59,436 their thing and if we're constantly 15794 10:12:57,520 --> 10:13:02,116 making edits then they're not really 15795 10:12:59,436 --> 10:13:03,680 able to do that the caveat is that if 15796 10:13:02,116 --> 10:13:05,080 you're just launching your store you're 15797 10:13:03,680 --> 10:13:07,040 just launching your ads for the first 15798 10:13:05,080 --> 10:13:08,680 time and you have no no idea like what's 15799 10:13:07,040 --> 10:13:11,040 going to work and what's not that's not 15800 10:13:08,680 --> 10:13:14,200 the time to just let hopefully let the 15801 10:13:11,040 --> 10:13:16,800 10% save your account that 10% is 15802 10:13:14,200 --> 10:13:18,640 depending on the rest of this pie being 15803 10:13:16,800 --> 10:13:20,160 filled out like if you have really good 15804 10:13:18,640 --> 10:13:21,916 products you have good ad creative you 15805 10:13:20,160 --> 10:13:23,480 have good copy and offer and the 15806 10:13:21,916 --> 10:13:24,840 targeting is just open which we're going 15807 10:13:23,480 --> 10:13:26,720 to go through each of these then it's 15808 10:13:24,840 --> 10:13:28,916 just letting the algorithm work and 15809 10:13:26,720 --> 10:13:30,240 writing out the highs and lows but again 15810 10:13:28,916 --> 10:13:31,960 obviously it depends on your own 15811 10:13:30,240 --> 10:13:34,160 tolerance which we'll talk about budget 15812 10:13:31,960 --> 10:13:36,116 and stuff later on so that's the last 15813 10:13:34,160 --> 10:13:38,000 piece now some tools that I'll show you 15814 10:13:36,116 --> 10:13:40,880 right off the bat that we have for each 15815 10:13:38,000 --> 10:13:43,560 of those areas is first up we have a 15816 10:13:40,880 --> 10:13:45,360 pretty in-depth ad strategy sop where 15817 10:13:43,560 --> 10:13:47,200 this is rather Advanced but you can get 15818 10:13:45,360 --> 10:13:49,800 this by clicking somewhere around this 15819 10:13:47,200 --> 10:13:51,880 video but this is the ad stry that I put 15820 10:13:49,800 --> 10:13:54,276 together for our e-commerce businesses 15821 10:13:51,880 --> 10:13:56,080 and it has really worked well for us and 15822 10:13:54,276 --> 10:13:58,840 it literally covers everything from top 15823 10:13:56,080 --> 10:14:02,040 to bottom everything from the audiences 15824 10:13:58,840 --> 10:14:05,640 you need to make your Gathering your 15825 10:14:02,040 --> 10:14:09,000 creative your brand stats then your cold 15826 10:14:05,640 --> 10:14:11,720 ads you're warm you're hot then your 15827 10:14:09,000 --> 10:14:13,640 existing customers and then some ad copy 15828 10:14:11,720 --> 10:14:15,756 examples down here and then here's an ad 15829 10:14:13,640 --> 10:14:17,916 copy template that you can use to get 15830 10:14:15,756 --> 10:14:20,240 started now obviously we don't want 15831 10:14:17,916 --> 10:14:21,720 everybody just cop copy pasting directly 15832 10:14:20,240 --> 10:14:23,756 from here but these are really good 15833 10:14:21,720 --> 10:14:26,680 starting points and you can see that the 15834 10:14:23,756 --> 10:14:29,800 ad copy is relatively simple like five 15835 10:14:26,680 --> 10:14:32,720 stars number of your Niche here te's 15836 10:14:29,800 --> 10:14:35,080 sold save up to 30% off while supplies 15837 10:14:32,720 --> 10:14:37,960 last shop now with our call to action 15838 10:14:35,080 --> 10:14:39,800 link and then your Niche t-shirt sale 15839 10:14:37,960 --> 10:14:41,520 then in the link description printed and 15840 10:14:39,800 --> 10:14:43,320 shipped in the USA we're going to talk 15841 10:14:41,520 --> 10:14:44,880 about add copy more but just want to 15842 10:14:43,320 --> 10:14:46,400 show you some of these resources then 15843 10:14:44,880 --> 10:14:48,560 here's there's different types of 15844 10:14:46,400 --> 10:14:50,640 creative that we can make directly in 15845 10:14:48,560 --> 10:14:52,116 Facebook that are really easy to use but 15846 10:14:50,640 --> 10:14:54,080 here's an overview of how you can make 15847 10:14:52,116 --> 10:14:56,240 each of them so there's static image ads 15848 10:14:54,080 --> 10:14:59,240 which are just a picture or mockup of 15849 10:14:56,240 --> 10:15:01,720 your your product then there's grid ads 15850 10:14:59,240 --> 10:15:03,596 that are extremely easy to make made in 15851 10:15:01,720 --> 10:15:05,560 canva where you just they have templates 15852 10:15:03,596 --> 10:15:08,756 you just drag in different products and 15853 10:15:05,560 --> 10:15:11,680 then you export this as a image here's 15854 10:15:08,756 --> 10:15:13,480 Carousel ads slideshows and then 15855 10:15:11,680 --> 10:15:15,160 retargeting ads which we'll talk about 15856 10:15:13,480 --> 10:15:17,160 each of these all right so those are 15857 10:15:15,160 --> 10:15:18,960 some of the resources that you have at 15858 10:15:17,160 --> 10:15:21,520 your disposal as we go through this mod 15859 10:15:18,960 --> 10:15:23,200 mod for your ad copy your creatives I 15860 10:15:21,520 --> 10:15:25,560 also recommend referring back to the 15861 10:15:23,200 --> 10:15:27,116 mirror board to see what the competition 15862 10:15:25,560 --> 10:15:29,116 is doing that's always a great place to 15863 10:15:27,116 --> 10:15:30,916 get started and if you go to go to 15864 10:15:29,116 --> 10:15:33,596 Google there's a lot of sites that will 15865 10:15:30,916 --> 10:15:35,680 just save swipe files of top performing 15866 10:15:33,596 --> 10:15:38,240 ads highly recommend just like I said in 15867 10:15:35,680 --> 10:15:40,000 the Shopify section to really look at 15868 10:15:38,240 --> 10:15:41,720 the competition and emulate what is 15869 10:15:40,000 --> 10:15:43,560 already working that's why I'm going to 15870 10:15:41,720 --> 10:15:44,840 be showing you what already works for us 15871 10:15:43,560 --> 10:15:47,000 so that you have that as a starting 15872 10:15:44,840 --> 10:15:49,116 point but make sure to like really learn 15873 10:15:47,000 --> 10:15:51,480 from the competition and apply those 15874 10:15:49,116 --> 10:15:53,756 findings don't just sit down at your ad 15875 10:15:51,480 --> 10:15:55,320 account and commit the cardinal sin of 15876 10:15:53,756 --> 10:15:56,960 like I'm just going to plug in some 15877 10:15:55,320 --> 10:15:58,640 random stuff and hope for the best and 15878 10:15:56,960 --> 10:15:59,960 then when it doesn't work out get mad at 15879 10:15:58,640 --> 10:16:01,520 Facebook ads and say that it doesn't 15880 10:15:59,960 --> 10:16:02,720 work I've been there and it doesn't get 15881 10:16:01,520 --> 10:16:04,756 anything so there you have it that's a 15882 10:16:02,720 --> 10:16:06,400 quick and dirty overview of the Facebook 15883 10:16:04,756 --> 10:16:08,560 ad section that we have coming up some 15884 10:16:06,400 --> 10:16:10,276 resources you can refer back to now 15885 10:16:08,560 --> 10:16:13,520 let's get into actually setting up our 15886 10:16:10,276 --> 10:16:13,520 ad account 15887 10:16:14,030 --> 10:16:24,520 [Music] 15888 10:16:22,400 --> 10:16:26,880 all right now let's start setting up our 15889 10:16:24,520 --> 10:16:29,080 Facebook ads and in this video we're 15890 10:16:26,880 --> 10:16:30,960 going to be focusing on just setting up 15891 10:16:29,080 --> 10:16:32,680 all like the organization all the 15892 10:16:30,960 --> 10:16:34,200 accounts that we need and getting 15893 10:16:32,680 --> 10:16:36,480 everything ready for us to start 15894 10:16:34,200 --> 10:16:38,400 actually like building the ads within 15895 10:16:36,480 --> 10:16:41,040 the ad account but first we're going to 15896 10:16:38,400 --> 10:16:43,276 focus on knocking out all this stuff and 15897 10:16:41,040 --> 10:16:44,680 making sure that it's organized and you 15898 10:16:43,276 --> 10:16:46,960 don't end up having to retrace your 15899 10:16:44,680 --> 10:16:48,880 steps later on so taking a look at the 15900 10:16:46,960 --> 10:16:50,720 screen here just want to map out a vis 15901 10:16:48,880 --> 10:16:53,240 ual explanation cuz it can be kind of 15902 10:16:50,720 --> 10:16:54,520 confusing when you start diving in but 15903 10:16:53,240 --> 10:16:57,040 first thing we're going to be setting up 15904 10:16:54,520 --> 10:16:58,680 is our business manager and the business 15905 10:16:57,040 --> 10:17:00,880 manager you can think of is essentially 15906 10:16:58,680 --> 10:17:04,000 the umbrella account that holds all of 15907 10:17:00,880 --> 10:17:06,560 our assets and our assets are the ad 15908 10:17:04,000 --> 10:17:08,840 account our pixel our pages and our 15909 10:17:06,560 --> 10:17:11,596 product cataloges and so the business 15910 10:17:08,840 --> 10:17:13,480 manager is responsible for holding the 15911 10:17:11,596 --> 10:17:17,520 ad account all these assets and then 15912 10:17:13,480 --> 10:17:20,960 we're going to link pixel our 15913 10:17:17,520 --> 10:17:23,080 pages and our product catalog to the ad 15914 10:17:20,960 --> 10:17:25,000 account so again business manager we're 15915 10:17:23,080 --> 10:17:27,360 going to set up in a second is where you 15916 10:17:25,000 --> 10:17:29,400 hold all your assets and every Facebook 15917 10:17:27,360 --> 10:17:31,360 profile so like your personal name 15918 10:17:29,400 --> 10:17:33,840 you're given the ability to make two 15919 10:17:31,360 --> 10:17:35,276 business managers by default so Facebook 15920 10:17:33,840 --> 10:17:36,596 wants to make it very accessible for 15921 10:17:35,276 --> 10:17:38,400 everybody to start running ads and 15922 10:17:36,596 --> 10:17:40,200 paying them money so you get two by 15923 10:17:38,400 --> 10:17:42,640 default and then next we're going to set 15924 10:17:40,200 --> 10:17:43,720 up our ad account and create our pages 15925 10:17:42,640 --> 10:17:44,960 so first we're going to set up the 15926 10:17:43,720 --> 10:17:46,276 business manager then we're going to do 15927 10:17:44,960 --> 10:17:48,080 the ad account then we're going to 15928 10:17:46,276 --> 10:17:50,276 create our pages and then we're going to 15929 10:17:48,080 --> 10:17:52,436 link to to our Facebook account to 15930 10:17:50,276 --> 10:17:54,320 Shopify so that it's able to track 15931 10:17:52,436 --> 10:17:56,240 properly with the pixel which the pixel 15932 10:17:54,320 --> 10:17:58,360 is basically just when Facebook sends 15933 10:17:56,240 --> 10:18:00,240 traffic to your website it's no longer 15934 10:17:58,360 --> 10:18:02,240 Facebook site which would be fine if we 15935 10:18:00,240 --> 10:18:04,160 didn't care about getting results from 15936 10:18:02,240 --> 10:18:06,480 the ads we were driving Facebook wants 15937 10:18:04,160 --> 10:18:08,680 to help us get results so it needs to 15938 10:18:06,480 --> 10:18:11,000 know like who it's sending is actually 15939 10:18:08,680 --> 10:18:12,360 ending up converting so in order to give 15940 10:18:11,000 --> 10:18:14,436 Facebook the ability to see who's 15941 10:18:12,360 --> 10:18:17,480 converting we put a little piece of code 15942 10:18:14,436 --> 10:18:19,360 on our Shopify store that basically just 15943 10:18:17,480 --> 10:18:20,720 tells Shopify that yeah it's okay you 15944 10:18:19,360 --> 10:18:22,720 can let Facebook know like what's 15945 10:18:20,720 --> 10:18:24,756 happening that's putting it in very much 15946 10:18:22,720 --> 10:18:26,640 layman's terms but that's effectively 15947 10:18:24,756 --> 10:18:28,116 what's happening so it's really 15948 10:18:26,640 --> 10:18:29,916 important to set that up if we don't 15949 10:18:28,116 --> 10:18:32,400 install that then we're basically Flying 15950 10:18:29,916 --> 10:18:34,160 Blind and then the pages these are like 15951 10:18:32,400 --> 10:18:36,080 relative they're going to be very very 15952 10:18:34,160 --> 10:18:38,040 basic it's essentially just giving us 15953 10:18:36,080 --> 10:18:40,240 something to run our ads under but 15954 10:18:38,040 --> 10:18:43,240 without further Ado we can get started 15955 10:18:40,240 --> 10:18:45,000 by first creating our business manager 15956 10:18:43,240 --> 10:18:48,560 so to do that you're just going to go to 15957 10:18:45,000 --> 10:18:49,596 business. face.com back/ settings and if 15958 10:18:48,560 --> 10:18:51,160 you're if you're not already signed in 15959 10:18:49,596 --> 10:18:52,360 it's going to prompt you to do so and 15960 10:18:51,160 --> 10:18:54,080 it's going to take you through like a 15961 10:18:52,360 --> 10:18:55,720 basic setup process where it's just 15962 10:18:54,080 --> 10:18:57,756 going to ask you a couple of questions 15963 10:18:55,720 --> 10:18:59,480 and then once you have created that like 15964 10:18:57,756 --> 10:19:01,320 you really can't go wrong with the setup 15965 10:18:59,480 --> 10:19:02,756 questions I've already created my two so 15966 10:19:01,320 --> 10:19:04,320 I can't create another one to show you 15967 10:19:02,756 --> 10:19:06,000 but any of the questions that you answer 15968 10:19:04,320 --> 10:19:07,800 you can always change your answers later 15969 10:19:06,000 --> 10:19:09,960 on so don't get concerned about any of 15970 10:19:07,800 --> 10:19:11,960 that then once you're in your business 15971 10:19:09,960 --> 10:19:14,916 manager collapse these so we can take a 15972 10:19:11,960 --> 10:19:17,000 look just to get familiarized ourselves 15973 10:19:14,916 --> 10:19:19,276 with it on the left hand side here you 15974 10:19:17,000 --> 10:19:21,640 have your users your accounts which is 15975 10:19:19,276 --> 10:19:24,400 your ad accounts your data sources which 15976 10:19:21,640 --> 10:19:26,240 this is your pixels cataloges those are 15977 10:19:24,400 --> 10:19:28,240 the only two we're really going to use 15978 10:19:26,240 --> 10:19:30,480 brand safety this is where we can verify 15979 10:19:28,240 --> 10:19:33,116 our domain we don't really need to use 15980 10:19:30,480 --> 10:19:35,436 that registrations never use that 15981 10:19:33,116 --> 10:19:37,840 Integrations this is where we can 15982 10:19:35,436 --> 10:19:40,880 connect our Shopify store and then we 15983 10:19:37,840 --> 10:19:42,436 have our business info but by and large 15984 10:19:40,880 --> 10:19:45,800 all that we're really going to be using 15985 10:19:42,436 --> 10:19:47,160 is users briefly then our ad accounts 15986 10:19:45,800 --> 10:19:49,756 our accounts section we're going to be 15987 10:19:47,160 --> 10:19:52,116 setting up our ad accounts and our pages 15988 10:19:49,756 --> 10:19:53,960 and Instagram but a lot of these other 15989 10:19:52,116 --> 10:19:55,916 buttons and stuff in here you can just 15990 10:19:53,960 --> 10:19:57,040 forget about I never really use it I 15991 10:19:55,916 --> 10:19:59,680 couldn't even tell you what ad 15992 10:19:57,040 --> 10:20:02,640 Partnerships is but anyway so the first 15993 10:19:59,680 --> 10:20:04,960 step is creating our ad account so to do 15994 10:20:02,640 --> 10:20:08,200 that I'm going to go to accounts Add 15995 10:20:04,960 --> 10:20:09,680 accounts and then add so if you've never 15996 10:20:08,200 --> 10:20:11,560 made an ad account before you shouldn't 15997 10:20:09,680 --> 10:20:13,200 see anything written in here so we're 15998 10:20:11,560 --> 10:20:15,436 just going to click create a new ad 15999 10:20:13,200 --> 10:20:17,320 account and then prompted to enter the 16000 10:20:15,436 --> 10:20:19,160 ad account name so I'm going to name it 16001 10:20:17,320 --> 10:20:21,756 the name of our brand name doesn't 16002 10:20:19,160 --> 10:20:24,040 really matter make sure that you select 16003 10:20:21,756 --> 10:20:26,200 your time zone here whatever time zone 16004 10:20:24,040 --> 10:20:27,680 you are in you want to set this and this 16005 10:20:26,200 --> 10:20:30,276 is one thing that you cannot change 16006 10:20:27,680 --> 10:20:33,360 later on and currency you also want this 16007 10:20:30,276 --> 10:20:36,040 to be in your home currency so yeah 16008 10:20:33,360 --> 10:20:38,320 America Chicago next this ad account 16009 10:20:36,040 --> 10:20:40,560 will be used for my 16010 10:20:38,320 --> 10:20:42,276 business there you go and I'm doing this 16011 10:20:40,560 --> 10:20:44,200 under Meg's name because I've been 16012 10:20:42,276 --> 10:20:45,840 personally banned we're going to talk 16013 10:20:44,200 --> 10:20:48,840 about that later 16014 10:20:45,840 --> 10:20:50,720 but now we're being prompted to add our 16015 10:20:48,840 --> 10:20:53,240 payment 16016 10:20:50,720 --> 10:20:55,400 info so 16017 10:20:53,240 --> 10:20:57,596 next debit or 16018 10:20:55,400 --> 10:20:59,520 credit so now we have to enter a credit 16019 10:20:57,596 --> 10:21:02,116 card or debit card a couple of things 16020 10:20:59,520 --> 10:21:04,040 about this is number one make sure that 16021 10:21:02,116 --> 10:21:06,720 you're entering a card that will never 16022 10:21:04,040 --> 10:21:09,160 get declined so if it's close to its 16023 10:21:06,720 --> 10:21:10,800 limit or something like whatever it is 16024 10:21:09,160 --> 10:21:12,916 or if it's a card that's like very 16025 10:21:10,800 --> 10:21:15,160 trigger happy when it comes to unknown 16026 10:21:12,916 --> 10:21:16,480 charges and it'll decline it the worst 16027 10:21:15,160 --> 10:21:18,800 possible thing that you can have happen 16028 10:21:16,480 --> 10:21:20,916 to a new account as we're warming it up 16029 10:21:18,800 --> 10:21:22,720 is a payment get declined that 16030 10:21:20,916 --> 10:21:24,480 immediately hurts our chances of being 16031 10:21:22,720 --> 10:21:27,640 able to scale up because Facebook is 16032 10:21:24,480 --> 10:21:29,560 very sensitive to that sort of thing so 16033 10:21:27,640 --> 10:21:31,360 that's one thing second thing is make 16034 10:21:29,560 --> 10:21:33,520 sure that if you've ever been banned by 16035 10:21:31,360 --> 10:21:35,880 Facebook before or on any other AD 16036 10:21:33,520 --> 10:21:38,200 accounts or anything related to a ban 16037 10:21:35,880 --> 10:21:40,560 that's Facebook related do not enter 16038 10:21:38,200 --> 10:21:43,000 that card entering that card that was on 16039 10:21:40,560 --> 10:21:44,436 a baned account will almost certainly 16040 10:21:43,000 --> 10:21:46,520 get this account banned we're going to 16041 10:21:44,436 --> 10:21:48,960 do a separate lesson on specifically how 16042 10:21:46,520 --> 10:21:51,320 to not get banned by Facebook as crazy 16043 10:21:48,960 --> 10:21:52,680 as that sounds it Bears you know talking 16044 10:21:51,320 --> 10:21:54,800 about cuz it does happen quite 16045 10:21:52,680 --> 10:21:56,276 frequently but yeah so just keep those 16046 10:21:54,800 --> 10:21:57,880 two things in mind other than that I'm 16047 10:21:56,276 --> 10:21:59,756 going to go ahead and enter credit card 16048 10:21:57,880 --> 10:22:01,840 info now okay so I entered my credit 16049 10:21:59,756 --> 10:22:04,480 card information and now we have our ad 16050 10:22:01,840 --> 10:22:06,756 account here so rather than just jump 16051 10:22:04,480 --> 10:22:10,240 into the ad account first I'm going to 16052 10:22:06,756 --> 10:22:12,720 go to pages and to create a new page if 16053 10:22:10,240 --> 10:22:14,680 you haven't made one already go to add 16054 10:22:12,720 --> 10:22:17,040 and then create a new page I'm going to 16055 10:22:14,680 --> 10:22:19,800 say that we are a brand or product name 16056 10:22:17,040 --> 10:22:21,400 it seasonal 16057 10:22:19,800 --> 10:22:23,320 Collections and if your name is taken 16058 10:22:21,400 --> 10:22:24,756 it's okay to just name it like whatever 16059 10:22:23,320 --> 10:22:27,720 your brand name is and then the word 16060 10:22:24,756 --> 10:22:29,800 brand after it or shop or any variation 16061 10:22:27,720 --> 10:22:32,160 of that yeah so somebody already has 16062 10:22:29,800 --> 10:22:34,680 that seasonal 16063 10:22:32,160 --> 10:22:36,400 collection okay so we created our page 16064 10:22:34,680 --> 10:22:38,400 now I'm going to click view page and 16065 10:22:36,400 --> 10:22:40,080 here we have it very basic all right so 16066 10:22:38,400 --> 10:22:42,040 now we created our ad account and we 16067 10:22:40,080 --> 10:22:43,436 made our Facebook page last thing that 16068 10:22:42,040 --> 10:22:45,400 we have to do before we can start 16069 10:22:43,436 --> 10:22:46,640 jumping into stuff we'll talk about like 16070 10:22:45,400 --> 10:22:48,480 what to actually put on your page 16071 10:22:46,640 --> 10:22:49,960 separately it's not nearly as important 16072 10:22:48,480 --> 10:22:53,880 an as you might think next thing we're 16073 10:22:49,960 --> 10:22:56,960 going to do is connect our pixel to our 16074 10:22:53,880 --> 10:22:59,200 Shopify oh they actually just Chang this 16075 10:22:56,960 --> 10:23:01,840 okay so you don't go to you don't find 16076 10:22:59,200 --> 10:23:04,116 your pixels under pixel anymore go to 16077 10:23:01,840 --> 10:23:08,560 data sets let me do 16078 10:23:04,116 --> 10:23:08,560 add going to name it 16079 10:23:09,320 --> 10:23:15,400 seasonal collections pixel then I'll 16080 10:23:12,840 --> 10:23:18,436 just do today's 16081 10:23:15,400 --> 10:23:20,160 date okay then you have to assign people 16082 10:23:18,436 --> 10:23:22,960 people basically have to just add 16083 10:23:20,160 --> 10:23:25,840 yourself to the pixel as a user so I'm 16084 10:23:22,960 --> 10:23:27,916 assigning myself AKA Meg I'm going to 16085 10:23:25,840 --> 10:23:31,520 give myself the ability to manage events 16086 10:23:27,916 --> 10:23:35,160 in the data set so full 16087 10:23:31,520 --> 10:23:37,800 access okay next connected assets assign 16088 10:23:35,160 --> 10:23:39,520 assets going to assign seasonal 16089 10:23:37,800 --> 10:23:41,520 collections at 16090 10:23:39,520 --> 10:23:44,480 account now I'm going to manage the 16091 10:23:41,520 --> 10:23:46,320 pixel and connect it to our Shopify 16092 10:23:44,480 --> 10:23:48,756 account so the way you used to do this 16093 10:23:46,320 --> 10:23:50,436 was by copying the pixel code and then 16094 10:23:48,756 --> 10:23:52,200 you would go to your Shopify theme and 16095 10:23:50,436 --> 10:23:54,756 edit and paste it in all that kind of 16096 10:23:52,200 --> 10:23:58,320 stuff now they let you 16097 10:23:54,756 --> 10:23:59,880 just check for partner partner 16098 10:23:58,320 --> 10:24:02,520 integration 16099 10:23:59,880 --> 10:24:04,360 Shopify nice and simple all right so to 16100 10:24:02,520 --> 10:24:06,360 connect to Shopify the instructions it's 16101 10:24:04,360 --> 10:24:08,880 going to tell us is that we have to go 16102 10:24:06,360 --> 10:24:12,320 to the Shopify App Store and install the 16103 10:24:08,880 --> 10:24:12,320 Facebook app so let's go do 16104 10:24:13,000 --> 10:24:17,360 that Facebook and Instagram make sure 16105 10:24:15,640 --> 10:24:21,520 that it's the official app that's 16106 10:24:17,360 --> 10:24:23,596 developed by meta okay then 16107 10:24:21,520 --> 10:24:24,960 install I'm going to pin this because 16108 10:24:23,596 --> 10:24:27,080 we're going to be using that a 16109 10:24:24,960 --> 10:24:31,640 lot 16110 10:24:27,080 --> 10:24:36,200 connect next connect account continue as 16111 10:24:31,640 --> 10:24:37,916 Megan scroll down to page connect now 16112 10:24:36,200 --> 10:24:40,080 this is where we're choosing what data 16113 10:24:37,916 --> 10:24:42,880 we want to send it's a weird color for 16114 10:24:40,080 --> 10:24:45,960 that and we want to do maximum data view 16115 10:24:42,880 --> 10:24:47,320 details default yep yeah the only thing 16116 10:24:45,960 --> 10:24:49,240 you have to make sure you do is set that 16117 10:24:47,320 --> 10:24:52,916 to maximum 16118 10:24:49,240 --> 10:24:57,320 save and then we're going to do that 16119 10:24:52,916 --> 10:24:59,560 return window sure terms and conditions 16120 10:24:57,320 --> 10:25:01,800 and submit for review all right so while 16121 10:24:59,560 --> 10:25:04,040 they're reviewing the store to finish 16122 10:25:01,800 --> 10:25:06,200 connecting it can review where we're at 16123 10:25:04,040 --> 10:25:08,400 so we've set up the business manager set 16124 10:25:06,200 --> 10:25:09,960 up our ad account or created it we 16125 10:25:08,400 --> 10:25:11,640 obviously haven't even scratched the 16126 10:25:09,960 --> 10:25:13,640 surface of what we're going to be doing 16127 10:25:11,640 --> 10:25:15,400 but now we have the business manager to 16128 10:25:13,640 --> 10:25:17,116 hold all of our assets we created the 16129 10:25:15,400 --> 10:25:18,840 three main ones that we need within that 16130 10:25:17,116 --> 10:25:21,480 which is our page at account 16131 10:25:18,840 --> 10:25:24,116 and pixel and we're basically activating 16132 10:25:21,480 --> 10:25:26,480 our pixel by connecting it to our 16133 10:25:24,116 --> 10:25:28,276 Shopify store through the app and you'll 16134 10:25:26,480 --> 10:25:31,116 see in here that it gives you the option 16135 10:25:28,276 --> 10:25:33,960 to publish products and what that is is 16136 10:25:31,116 --> 10:25:36,520 Facebook shop so and I guess it's doing 16137 10:25:33,960 --> 10:25:38,276 that automatically it's automatically 16138 10:25:36,520 --> 10:25:40,360 setting up our Facebook shop which is a 16139 10:25:38,276 --> 10:25:42,960 separate place for customers to be able 16140 10:25:40,360 --> 10:25:44,756 to buy from us that's hosted on Facebook 16141 10:25:42,960 --> 10:25:46,916 so rather than Facebook when somebody 16142 10:25:44,756 --> 10:25:49,560 clicks on one of our ads taking them to 16143 10:25:46,916 --> 10:25:51,880 our website that we set up it'll pop up 16144 10:25:49,560 --> 10:25:53,040 a Facebook hosted page we don't have to 16145 10:25:51,880 --> 10:25:54,880 worry about that right now just 16146 10:25:53,040 --> 10:25:56,840 explaining what it is so you don't get 16147 10:25:54,880 --> 10:25:58,480 confused and think that it's a lot of 16148 10:25:56,840 --> 10:26:00,720 the the explanations they give on here 16149 10:25:58,480 --> 10:26:02,596 are not very clarifying but okay so 16150 10:26:00,720 --> 10:26:04,520 we're approved so we're active we can 16151 10:26:02,596 --> 10:26:06,276 create ads there's obviously not much in 16152 10:26:04,520 --> 10:26:08,480 here yet let's go to take a look at our 16153 10:26:06,276 --> 10:26:11,756 settings make sure everything looks 16154 10:26:08,480 --> 10:26:14,436 good just have to connect 16155 10:26:11,756 --> 10:26:16,916 PayPal yeah so all of these settings in 16156 10:26:14,436 --> 10:26:18,040 here are related to the Facebook shop 16157 10:26:16,916 --> 10:26:19,840 stuff you don't have to worry about any 16158 10:26:18,040 --> 10:26:21,756 of that have right now right now our 16159 10:26:19,840 --> 10:26:24,360 goal is just getting our ad account set 16160 10:26:21,756 --> 10:26:26,520 up to drive traffic to our Shopify store 16161 10:26:24,360 --> 10:26:29,116 and the last asset from our beautiful 16162 10:26:26,520 --> 10:26:31,596 little drawing that we made is our 16163 10:26:29,116 --> 10:26:33,360 product catalog and that's something 16164 10:26:31,596 --> 10:26:35,160 we're going to be able to sync once this 16165 10:26:33,360 --> 10:26:37,240 part has been finished so we can't do 16166 10:26:35,160 --> 10:26:39,276 that right now but that's it for the 16167 10:26:37,240 --> 10:26:40,916 initial setup how you've created each of 16168 10:26:39,276 --> 10:26:42,800 your assets we're going to split it up 16169 10:26:40,916 --> 10:26:44,480 into separate videos or separate lessons 16170 10:26:42,800 --> 10:26:46,560 on how to do each one of them so it's 16171 10:26:44,480 --> 10:26:47,756 easy to navigate and if you have any 16172 10:26:46,560 --> 10:26:49,960 questions as you're going through this 16173 10:26:47,756 --> 10:26:52,000 process just join the school Community 16174 10:26:49,960 --> 10:26:53,200 or hop on one of the coaching calls 16175 10:26:52,000 --> 10:27:03,360 happy to help you 16176 10:26:53,200 --> 10:27:06,116 [Music] 16177 10:27:03,360 --> 10:27:07,916 out now let's start setting up our 16178 10:27:06,116 --> 10:27:09,560 Facebook page and the way we're going to 16179 10:27:07,916 --> 10:27:11,400 be doing this is different than how most 16180 10:27:09,560 --> 10:27:12,916 people probably think about their pages 16181 10:27:11,400 --> 10:27:14,360 and in so far is that we don't care 16182 10:27:12,916 --> 10:27:16,276 about filling it out with a bunch of 16183 10:27:14,360 --> 10:27:18,360 content that makes it look good and like 16184 10:27:16,276 --> 10:27:20,916 our branding and stuff we're just here 16185 10:27:18,360 --> 10:27:22,596 to do the bare minimum requirements so 16186 10:27:20,916 --> 10:27:24,840 that if somebody gets hit with one of 16187 10:27:22,596 --> 10:27:26,840 our ads and they click on our profile 16188 10:27:24,840 --> 10:27:28,880 name they think that we're legit 16189 10:27:26,840 --> 10:27:30,720 basically like our traffic is not going 16190 10:27:28,880 --> 10:27:32,436 to be coming from the content that 16191 10:27:30,720 --> 10:27:34,160 actually gets posted organically on that 16192 10:27:32,436 --> 10:27:35,840 page at least for now we'll talk about 16193 10:27:34,160 --> 10:27:37,480 the organic strategies later but we 16194 10:27:35,840 --> 10:27:40,116 mostly just care about people seeing it 16195 10:27:37,480 --> 10:27:43,200 as legit enough to buy from us so how do 16196 10:27:40,116 --> 10:27:45,916 we do that we do that by navigating to 16197 10:27:43,200 --> 10:27:49,040 our pages and clicking on the page and 16198 10:27:45,916 --> 10:27:51,000 click view page now here's our extremely 16199 10:27:49,040 --> 10:27:53,960 basic page for starters by default 16200 10:27:51,000 --> 10:27:56,320 you're on your own Facebook profile so 16201 10:27:53,960 --> 10:27:58,960 you just have to switch 16202 10:27:56,320 --> 10:28:00,960 to the page in order to see the full 16203 10:27:58,960 --> 10:28:03,756 controls welcome your new page take the 16204 10:28:00,960 --> 10:28:05,840 tour nope so for starters we want to 16205 10:28:03,756 --> 10:28:07,320 start stripping out some of the the 16206 10:28:05,840 --> 10:28:09,756 options that we're not going to be using 16207 10:28:07,320 --> 10:28:11,480 like all of these things when somebody 16208 10:28:09,756 --> 10:28:12,916 comes to our page is not going to be 16209 10:28:11,480 --> 10:28:15,596 adding any value it's going to be just 16210 10:28:12,916 --> 10:28:18,080 distracting them so scroll down we can 16211 10:28:15,596 --> 10:28:22,880 turn off music checkin Sports movies t 16212 10:28:18,080 --> 10:28:25,840 TV shows books and likes and reviews 16213 10:28:22,880 --> 10:28:28,560 given hit save there we go it's a good 16214 10:28:25,840 --> 10:28:31,240 start next we're going to edit and 16215 10:28:28,560 --> 10:28:34,080 choose our profile picture and to upload 16216 10:28:31,240 --> 10:28:36,320 photo and just choosing the logo that we 16217 10:28:34,080 --> 10:28:38,436 made a while ago and I'm doing just the 16218 10:28:36,320 --> 10:28:40,276 icon version you don't want to do your 16219 10:28:38,436 --> 10:28:42,360 full logo because that would like if it 16220 10:28:40,276 --> 10:28:46,480 was the logo and then the name next to 16221 10:28:42,360 --> 10:28:46,480 it that looks really weird as a profile 16222 10:28:46,880 --> 10:28:51,960 picture okay okay so our profile photos 16223 10:28:49,640 --> 10:28:54,200 updated that looks good next let's add a 16224 10:28:51,960 --> 10:28:56,320 cover photo they used to give you stock 16225 10:28:54,200 --> 10:29:00,640 options choose from okay so I'm just 16226 10:28:56,320 --> 10:29:05,276 going to go to go to canva and go 16227 10:29:00,640 --> 10:29:10,240 to social media Facebook Facebook cover 16228 10:29:05,276 --> 10:29:10,240 Give me bunch of templates here type in 16229 10:29:11,160 --> 10:29:19,916 flowers delete that my drive 16230 10:29:15,520 --> 10:29:22,116 download download the logo there we go 16231 10:29:19,916 --> 10:29:22,116 all 16232 10:29:41,720 --> 10:29:49,160 right upload 16233 10:29:44,640 --> 10:29:49,160 photo there's our cover 16234 10:29:49,640 --> 10:29:53,360 looks slightly blurry I could go back 16235 10:29:51,520 --> 10:29:54,560 and increase the size but that's fine 16236 10:29:53,360 --> 10:29:56,000 because most people be seeing it on 16237 10:29:54,560 --> 10:29:58,116 mobile 16238 10:29:56,000 --> 10:30:00,916 anyway next we're going to edit our 16239 10:29:58,116 --> 10:30:03,276 details so over here well we can first 16240 10:30:00,916 --> 10:30:03,276 add a 16241 10:30:12,720 --> 10:30:18,040 bio cool so our chat GPT generated bio 16242 10:30:16,200 --> 10:30:19,840 looks great pronouns doesn't matter 16243 10:30:18,040 --> 10:30:21,800 matter 16244 10:30:19,840 --> 10:30:26,436 hours at our 16245 10:30:21,800 --> 10:30:28,520 email support at 16246 10:30:26,436 --> 10:30:32,400 seasonal 16247 10:30:28,520 --> 10:30:32,400 collections. save at our 16248 10:30:35,320 --> 10:30:41,520 website add language turn off reviews on 16249 10:30:39,160 --> 10:30:43,400 your page for now because until we have 16250 10:30:41,520 --> 10:30:46,000 any kind of traffic we don't want people 16251 10:30:43,400 --> 10:30:49,000 seeing that it's just empty link to our 16252 10:30:46,000 --> 10:30:52,000 privacy policy page scroll down grab 16253 10:30:49,000 --> 10:30:54,360 that from here copy link 16254 10:30:52,000 --> 10:30:56,276 address there we go none of this stuff 16255 10:30:54,360 --> 10:30:58,960 matters he and then a link that you 16256 10:30:56,276 --> 10:31:02,720 definitely want to bookmark is you go to 16257 10:30:58,960 --> 10:31:05,240 manage then inbox this is the page where 16258 10:31:02,720 --> 10:31:07,360 customers or people who see your ads are 16259 10:31:05,240 --> 10:31:09,596 going to be able to message you so they 16260 10:31:07,360 --> 10:31:11,400 can either DM you or they can comment on 16261 10:31:09,596 --> 10:31:13,360 your ads and those will show up here as 16262 10:31:11,400 --> 10:31:14,880 well so your Facebook comments Instagram 16263 10:31:13,360 --> 10:31:16,840 comments which we're going to link our 16264 10:31:14,880 --> 10:31:18,916 Instagram account later but this is a 16265 10:31:16,840 --> 10:31:21,276 really important page to to keep track 16266 10:31:18,916 --> 10:31:23,040 of cool and now so that our page doesn't 16267 10:31:21,276 --> 10:31:25,916 look completely bare all that we're 16268 10:31:23,040 --> 10:31:28,800 going to do is upload a couple of 16269 10:31:25,916 --> 10:31:31,240 product pictures 16270 10:31:28,800 --> 10:31:34,400 floral 16271 10:31:31,240 --> 10:31:38,116 Majesty throw in a 16272 10:31:34,400 --> 10:31:38,116 flower is there a line 16273 10:31:38,436 --> 10:31:43,960 Emoji 16274 10:31:41,080 --> 10:31:45,916 perfect beautiful then down here you 16275 10:31:43,960 --> 10:31:47,880 have the option to add a bunch of 16276 10:31:45,916 --> 10:31:51,916 different stuff you can also boost 16277 10:31:47,880 --> 10:31:53,800 booster post which I Facebook kind of 16278 10:31:51,916 --> 10:31:55,436 puts this here to just bait people who 16279 10:31:53,800 --> 10:31:57,596 don't know how to run ads never ever 16280 10:31:55,436 --> 10:32:00,000 click this button it's just going to 16281 10:31:57,596 --> 10:32:01,720 take your money it'll get you to build 16282 10:32:00,000 --> 10:32:03,640 like the most basic campaign ever and 16283 10:32:01,720 --> 10:32:05,080 you'll get absolutely nothing from it 16284 10:32:03,640 --> 10:32:07,756 instead we're going to be essentially 16285 10:32:05,080 --> 10:32:10,596 boosting our post but from our ad 16286 10:32:07,756 --> 10:32:14,436 account what we can do is tag our 16287 10:32:10,596 --> 10:32:14,436 products scroll down 16288 10:32:14,800 --> 10:32:25,560 find floral Majesty here we 16289 10:32:19,680 --> 10:32:25,560 go there we go done tagging and save 16290 10:32:25,840 --> 10:32:30,880 save cool so now it's posted what I 16291 10:32:28,756 --> 10:32:32,480 recommend doing is you should have 100 16292 10:32:30,880 --> 10:32:34,240 products that you're launching with what 16293 10:32:32,480 --> 10:32:37,040 I recommend doing is take 10 to 15 16294 10:32:34,240 --> 10:32:39,800 minutes and go to your and schedule out 16295 10:32:37,040 --> 10:32:40,880 some posts of just your top or best 16296 10:32:39,800 --> 10:32:42,880 looking products you don't know what 16297 10:32:40,880 --> 10:32:47,116 your top products are yet but go to 16298 10:32:42,880 --> 10:32:48,720 manage and then content create post and 16299 10:32:47,116 --> 10:32:50,756 you can either post it from here or you 16300 10:32:48,720 --> 10:32:52,840 can schedule it by going to meta 16301 10:32:50,756 --> 10:32:56,436 business Suite which this is also where 16302 10:32:52,840 --> 10:32:58,400 the inbox is stored we can create a post 16303 10:32:56,436 --> 10:33:00,800 it's just a slightly different layout 16304 10:32:58,400 --> 10:33:02,596 from the one we were looking at before 16305 10:33:00,800 --> 10:33:05,240 add some text and then you can do 16306 10:33:02,596 --> 10:33:07,116 scheduling options and then what I 16307 10:33:05,240 --> 10:33:10,436 normally do is I'll just schedule one 16308 10:33:07,116 --> 10:33:12,800 post a day for the next 30 to 60 days 16309 10:33:10,436 --> 10:33:14,840 whatever you feel like doing and then I 16310 10:33:12,800 --> 10:33:17,840 know that every day something is getting 16311 10:33:14,840 --> 10:33:19,640 posted and when people come to when they 16312 10:33:17,840 --> 10:33:21,720 see our ads and they click to the page 16313 10:33:19,640 --> 10:33:23,480 to find out more about us they'll see 16314 10:33:21,720 --> 10:33:25,400 that we're actually like consistently 16315 10:33:23,480 --> 10:33:27,480 posting and they won't just see one post 16316 10:33:25,400 --> 10:33:29,640 from you know months and months ago but 16317 10:33:27,480 --> 10:33:31,596 obviously this is not like a in-depth 16318 10:33:29,640 --> 10:33:33,800 content organic strategy this is just 16319 10:33:31,596 --> 10:33:37,116 the bare minimum is our goal so that we 16320 10:33:33,800 --> 10:33:39,680 pass the B the BS radar test of people 16321 10:33:37,116 --> 10:33:41,756 checking out our ads so that's it for 16322 10:33:39,680 --> 10:33:44,200 now now you should have your Facebook 16323 10:33:41,756 --> 10:33:45,756 page set up with your profile your cover 16324 10:33:44,200 --> 10:33:48,080 photo you should know where to be 16325 10:33:45,756 --> 10:33:49,800 monitoring messages from when we changed 16326 10:33:48,080 --> 10:33:51,840 our details so that people can see our 16327 10:33:49,800 --> 10:33:53,916 website that we have a support address 16328 10:33:51,840 --> 10:33:56,640 and we scheduled out some posts so that 16329 10:33:53,916 --> 10:33:59,360 it looks like we're active and not just 16330 10:33:56,640 --> 10:34:01,960 a fly by night type of operation and I 16331 10:33:59,360 --> 10:34:03,880 know this is shocking that this is as 16332 10:34:01,960 --> 10:34:05,800 little as we're putting up on our page 16333 10:34:03,880 --> 10:34:07,560 but trust me we're building a different 16334 10:34:05,800 --> 10:34:09,756 kind of business we're not depending on 16335 10:34:07,560 --> 10:34:12,680 slow organic growth over months and 16336 10:34:09,756 --> 10:34:15,200 years we're going to be skyrocketing our 16337 10:34:12,680 --> 10:34:16,756 growth with paid ad so far better 16338 10:34:15,200 --> 10:34:19,200 approach in my opinion we can always 16339 10:34:16,756 --> 10:34:20,640 revisit the organ stuff later on so 16340 10:34:19,200 --> 10:34:22,350 that's it for this lesson and I'll see 16341 10:34:20,640 --> 10:34:31,880 you in the next 16342 10:34:22,350 --> 10:34:35,160 [Music] 16343 10:34:31,880 --> 10:34:36,960 one to verify that your pixel API 16344 10:34:35,160 --> 10:34:38,596 conversions are set up properly we're 16345 10:34:36,960 --> 10:34:41,200 going to go through the following quick 16346 10:34:38,596 --> 10:34:44,080 steps so after you've already connected 16347 10:34:41,200 --> 10:34:46,240 your Shopify slfb app within your 16348 10:34:44,080 --> 10:34:48,520 Shopify store to your pixel you're come 16349 10:34:46,240 --> 10:34:50,680 back to your events manager which way 16350 10:34:48,520 --> 10:34:53,596 you get there is business. face.com 16351 10:34:50,680 --> 10:34:55,320 backevents manager or by just going to 16352 10:34:53,596 --> 10:34:57,276 your business manager and navigating I 16353 10:34:55,320 --> 10:34:58,720 recommend bookmarking all of these cuz 16354 10:34:57,276 --> 10:35:00,680 you're going to be using them a lot but 16355 10:34:58,720 --> 10:35:02,840 you're going to navigate to the pixel 16356 10:35:00,680 --> 10:35:05,560 here and first of all so you should 16357 10:35:02,840 --> 10:35:07,720 already see that you've enabled customer 16358 10:35:05,560 --> 10:35:10,240 data from Shopify and you've selected 16359 10:35:07,720 --> 10:35:11,720 enhanced or maximum which we did next 16360 10:35:10,240 --> 10:35:15,240 we're going to go to 16361 10:35:11,720 --> 10:35:17,276 settings and scroll down to make sure 16362 10:35:15,240 --> 10:35:19,436 the first party cookies are set to on 16363 10:35:17,276 --> 10:35:22,240 next we're going to turn on automatic 16364 10:35:19,436 --> 10:35:24,360 website matching what this does is 16365 10:35:22,240 --> 10:35:26,160 basically gives meta permission to 16366 10:35:24,360 --> 10:35:28,840 automatically match up information that 16367 10:35:26,160 --> 10:35:31,240 it receives from Shopify with its own 16368 10:35:28,840 --> 10:35:33,276 database of customers long story short 16369 10:35:31,240 --> 10:35:35,596 helps them with tracking better also 16370 10:35:33,276 --> 10:35:37,480 track events automatically without code 16371 10:35:35,596 --> 10:35:40,360 that's important we should obviously 16372 10:35:37,480 --> 10:35:43,000 have our connected Shopify partner and 16373 10:35:40,360 --> 10:35:44,880 down here is the conversion API Gateway 16374 10:35:43,000 --> 10:35:46,596 we aren't doing that that's if you're 16375 10:35:44,880 --> 10:35:48,200 like setting it up on your own and if 16376 10:35:46,596 --> 10:35:49,916 you don't know what a conversion a is 16377 10:35:48,200 --> 10:35:51,480 long story short is that you used to be 16378 10:35:49,916 --> 10:35:53,640 able to have just a pixel that would 16379 10:35:51,480 --> 10:35:56,240 communicate directly from their website 16380 10:35:53,640 --> 10:35:58,520 to Facebook then after like apple made 16381 10:35:56,240 --> 10:36:00,640 all their iOS updates that improved 16382 10:35:58,520 --> 10:36:02,840 consumer privacy hoay it's good for 16383 10:36:00,640 --> 10:36:04,520 consumers bad for advertisers because it 16384 10:36:02,840 --> 10:36:06,520 made it much more challenging to have 16385 10:36:04,520 --> 10:36:08,436 that direct communication now the way 16386 10:36:06,520 --> 10:36:11,000 that we have to track is and it's really 16387 10:36:08,436 --> 10:36:13,040 not that challenging instead of sending 16388 10:36:11,000 --> 10:36:16,800 the information directly what we have 16389 10:36:13,040 --> 10:36:18,480 Shopify do is effectively write down the 16390 10:36:16,800 --> 10:36:20,116 information that it would report 16391 10:36:18,480 --> 10:36:22,200 normally write it down on a piece of 16392 10:36:20,116 --> 10:36:24,480 paper and then slide it over to Facebook 16393 10:36:22,200 --> 10:36:26,640 and then Facebook picks it up so that's 16394 10:36:24,480 --> 10:36:28,800 where the server comes in is that 16395 10:36:26,640 --> 10:36:30,756 they're basically circumventing what 16396 10:36:28,800 --> 10:36:32,960 like apple put in place that cut off the 16397 10:36:30,756 --> 10:36:34,756 ability to just report directly they now 16398 10:36:32,960 --> 10:36:36,680 Shopify to take that information send it 16399 10:36:34,756 --> 10:36:38,200 to their own servers and then send it to 16400 10:36:36,680 --> 10:36:39,480 meta you don't really have to have an 16401 10:36:38,200 --> 10:36:43,160 understanding of it I just think it's 16402 10:36:39,480 --> 10:36:44,160 mildly interesting lukewarm at best but 16403 10:36:43,160 --> 10:36:46,436 okay so we're going to go back to 16404 10:36:44,160 --> 10:36:48,480 overview and we're going to go down to 16405 10:36:46,436 --> 10:36:50,596 where it says no active Integrations 16406 10:36:48,480 --> 10:36:53,436 here first refresh and make sure that 16407 10:36:50,596 --> 10:36:55,720 that's current which it is and when you 16408 10:36:53,436 --> 10:36:57,756 start receiving events like purchases 16409 10:36:55,720 --> 10:37:00,040 and stuff from your pixel it'll show up 16410 10:36:57,756 --> 10:37:02,116 here we don't have anything yet but 16411 10:37:00,040 --> 10:37:07,000 we're going to do add new integration 16412 10:37:02,116 --> 10:37:08,520 conversion API I believe yeah set up 16413 10:37:07,000 --> 10:37:11,596 with partner 16414 10:37:08,520 --> 10:37:13,960 integration and 16415 10:37:11,596 --> 10:37:17,560 Shopify 16416 10:37:13,960 --> 10:37:19,840 next finish okay so we can verify that 16417 10:37:17,560 --> 10:37:21,800 the connection is set up and working 16418 10:37:19,840 --> 10:37:23,200 properly here cuz it says active if 16419 10:37:21,800 --> 10:37:25,840 you're not seeing this you'll probably 16420 10:37:23,200 --> 10:37:27,680 see something that to the effect of like 16421 10:37:25,840 --> 10:37:31,320 send test traffic to make sure that it's 16422 10:37:27,680 --> 10:37:33,680 set up you click next and then you can 16423 10:37:31,320 --> 10:37:35,360 test events and your events manager I 16424 10:37:33,680 --> 10:37:36,916 already did that but basically if you 16425 10:37:35,360 --> 10:37:38,480 followed along with everything we've 16426 10:37:36,916 --> 10:37:40,880 done so far then it should be set up 16427 10:37:38,480 --> 10:37:42,720 properly once we start receiving data 16428 10:37:40,880 --> 10:37:44,480 we'll take another look at this to see 16429 10:37:42,720 --> 10:37:46,840 like the matching quality make sure 16430 10:37:44,480 --> 10:37:48,800 everything's firing properly but for now 16431 10:37:46,840 --> 10:37:51,320 as long as you're settings look look 16432 10:37:48,800 --> 10:37:53,520 just like this with website matching 16433 10:37:51,320 --> 10:37:56,320 automatic matching turned on and you see 16434 10:37:53,520 --> 10:37:58,200 Shopify here then everything else you 16435 10:37:56,320 --> 10:38:00,320 should be good to go but yeah we'll come 16436 10:37:58,200 --> 10:38:01,880 back and revisit this later but for now 16437 10:38:00,320 --> 10:38:03,430 that's how to make sure that your 16438 10:38:01,880 --> 10:38:13,520 pixel's set up 16439 10:38:03,430 --> 10:38:15,756 [Music] 16440 10:38:13,520 --> 10:38:18,240 properly so I want to take a few moments 16441 10:38:15,756 --> 10:38:20,436 and just give a lay of the land inside 16442 10:38:18,240 --> 10:38:23,400 the ad account and explain what we're 16443 10:38:20,436 --> 10:38:26,116 looking at and help narrow your focus 16444 10:38:23,400 --> 10:38:28,160 onto the 8020 principle most important 16445 10:38:26,116 --> 10:38:30,276 things to be looking at inside of your 16446 10:38:28,160 --> 10:38:32,320 account so I know it can be slightly 16447 10:38:30,276 --> 10:38:34,040 overwhelming to say the least first time 16448 10:38:32,320 --> 10:38:36,916 you're running ads looking at all the 16449 10:38:34,040 --> 10:38:39,360 buttons and metrics and like toggle 16450 10:38:36,916 --> 10:38:40,596 switches and stuff that Facebook has 16451 10:38:39,360 --> 10:38:42,916 done an amazing job making it 16452 10:38:40,596 --> 10:38:45,040 overwhelming for beginners so I just 16453 10:38:42,916 --> 10:38:46,596 want to explain what you're looking at 16454 10:38:45,040 --> 10:38:48,160 and more importantly like what I'm 16455 10:38:46,596 --> 10:38:50,080 looking at in the day day today and 16456 10:38:48,160 --> 10:38:52,756 where to focus and what you can just 16457 10:38:50,080 --> 10:38:55,596 completely ignore so starting at the top 16458 10:38:52,756 --> 10:38:58,160 we have our different ad accounts drop 16459 10:38:55,596 --> 10:39:00,680 down then at the top right we have the 16460 10:38:58,160 --> 10:39:02,756 ability to refresh our page can discard 16461 10:39:00,680 --> 10:39:05,080 drafts review and publish this is like 16462 10:39:02,756 --> 10:39:07,480 our main called to action button and 16463 10:39:05,080 --> 10:39:10,880 here is our date drop down where we can 16464 10:39:07,480 --> 10:39:12,116 see the date range of different points 16465 10:39:10,880 --> 10:39:13,720 like different dates in the past we can 16466 10:39:12,116 --> 10:39:15,720 see the metrics and results a cool 16467 10:39:13,720 --> 10:39:18,200 feature that not many people use is you 16468 10:39:15,720 --> 10:39:20,360 can also compare dates so say you had a 16469 10:39:18,200 --> 10:39:22,596 really good week of performance but then 16470 10:39:20,360 --> 10:39:25,000 this week was down for whatever reason 16471 10:39:22,596 --> 10:39:27,720 you could come into the compareed dates 16472 10:39:25,000 --> 10:39:29,756 feature so compare dates update and then 16473 10:39:27,720 --> 10:39:31,756 what it does is it gives you this expand 16474 10:39:29,756 --> 10:39:34,400 feature where it'll show you the results 16475 10:39:31,756 --> 10:39:36,640 you had for that metric in one range 16476 10:39:34,400 --> 10:39:38,560 compared to the other and then the the 16477 10:39:36,640 --> 10:39:40,520 change and the percent change it's just 16478 10:39:38,560 --> 10:39:42,756 a a cool feature once you start running 16479 10:39:40,520 --> 10:39:44,200 ads if you ever want to like figure out 16480 10:39:42,756 --> 10:39:47,080 you know what's happening you can look 16481 10:39:44,200 --> 10:39:49,480 at that next we have campaigns ad sets 16482 10:39:47,080 --> 10:39:51,040 and ads this is a really important 16483 10:39:49,480 --> 10:39:52,880 concept to understand this is like 16484 10:39:51,040 --> 10:39:54,756 everything we're going to be building so 16485 10:39:52,880 --> 10:39:56,960 campaigns are you can think of it as 16486 10:39:54,756 --> 10:40:00,116 like the tree like the base of the tree 16487 10:39:56,960 --> 10:40:03,840 then the adets are like the branches off 16488 10:40:00,116 --> 10:40:06,160 of that tree and then the leaves would 16489 10:40:03,840 --> 10:40:08,480 be the ads so you have the base of the 16490 10:40:06,160 --> 10:40:10,640 tree is the campaign the branches are 16491 10:40:08,480 --> 10:40:12,720 the ad sets and then the ads are the 16492 10:40:10,640 --> 10:40:15,360 leaves at the end of the tree so your 16493 10:40:12,720 --> 10:40:17,756 ads are nested within your ad sets your 16494 10:40:15,360 --> 10:40:20,320 ad sets are literally just sets of ads 16495 10:40:17,756 --> 10:40:23,116 and then your campaigns is just sets of 16496 10:40:20,320 --> 10:40:25,360 AD sets pretty simple now the difference 16497 10:40:23,116 --> 10:40:27,520 between each of them aside from ads 16498 10:40:25,360 --> 10:40:30,596 being inside adsets adsets being inside 16499 10:40:27,520 --> 10:40:33,680 campaigns is that campaigns is where you 16500 10:40:30,596 --> 10:40:36,116 select the main objective and our 16501 10:40:33,680 --> 10:40:38,436 objectives here are awareness traffic 16502 10:40:36,116 --> 10:40:41,880 engagement leads app promotions and 16503 10:40:38,436 --> 10:40:44,596 sales narrowing our Focus you can ignore 16504 10:40:41,880 --> 10:40:46,040 awareness traffic leads app promotions 16505 10:40:44,596 --> 10:40:48,520 all that we're ever going to use are 16506 10:40:46,040 --> 10:40:50,840 these two here so you can literally 16507 10:40:48,520 --> 10:40:53,080 ignore everything else and 90% of the 16508 10:40:50,840 --> 10:40:54,720 time we're going to be using sales so 16509 10:40:53,080 --> 10:40:57,116 the only time I've optimized for traffic 16510 10:40:54,720 --> 10:40:59,400 was by accident and by optimizing this 16511 10:40:57,116 --> 10:41:01,880 is basically just us saying to Facebook 16512 10:40:59,400 --> 10:41:03,596 Hey Facebook for this campaign I am 16513 10:41:01,880 --> 10:41:05,320 trying to get people to engage with 16514 10:41:03,596 --> 10:41:07,200 something and for this campaign I'm 16515 10:41:05,320 --> 10:41:08,520 trying to get somebody to buy something 16516 10:41:07,200 --> 10:41:10,596 and we're really just trying to get 16517 10:41:08,520 --> 10:41:12,756 people to come to our shop and make 16518 10:41:10,596 --> 10:41:14,400 purchases so makes sense that this is 16519 10:41:12,756 --> 10:41:16,640 where majority of our time would be 16520 10:41:14,400 --> 10:41:19,400 spent then if we look at here so for a 16521 10:41:16,640 --> 10:41:21,596 conversion campaign within here you can 16522 10:41:19,400 --> 10:41:23,520 set the name you can completely avoid 16523 10:41:21,596 --> 10:41:24,916 special ad categories this is mostly if 16524 10:41:23,520 --> 10:41:27,560 you're running political ads we're not 16525 10:41:24,916 --> 10:41:28,880 doing that buying type I always just 16526 10:41:27,560 --> 10:41:30,960 leave at the auction I couldn't even 16527 10:41:28,880 --> 10:41:32,916 tell you what reservation does so you 16528 10:41:30,960 --> 10:41:34,596 can ignore it again it just gives you 16529 10:41:32,916 --> 10:41:37,200 the option to switch your objective if 16530 10:41:34,596 --> 10:41:39,756 you want to then we have the option to 16531 10:41:37,200 --> 10:41:42,200 use a product catalog so a product 16532 10:41:39,756 --> 10:41:44,596 catalog is what we synced from our 16533 10:41:42,200 --> 10:41:46,520 Shopify store and we'll see at the ad 16534 10:41:44,596 --> 10:41:48,520 level more but we're going to turn this 16535 10:41:46,520 --> 10:41:51,160 off for now now because I'm just going 16536 10:41:48,520 --> 10:41:53,720 to be uploading individual image ads but 16537 10:41:51,160 --> 10:41:55,720 if I wanted Facebook to start cycling 16538 10:41:53,720 --> 10:41:57,880 through my full catalog like we will set 16539 10:41:55,720 --> 10:41:59,596 up one of these cuz it is a good tool 16540 10:41:57,880 --> 10:42:02,596 that's what I would turn on there next 16541 10:41:59,596 --> 10:42:04,640 AB testing so say we have an idea of 16542 10:42:02,596 --> 10:42:06,240 like a new offer we want to run and we 16543 10:42:04,640 --> 10:42:08,960 have a good campaign that's performing 16544 10:42:06,240 --> 10:42:11,320 well we could launch an AB test which 16545 10:42:08,960 --> 10:42:12,916 would compare the results side by side 16546 10:42:11,320 --> 10:42:15,200 of whatever you're measuring could be an 16547 10:42:12,916 --> 10:42:17,596 offer could be an ad creative could be a 16548 10:42:15,200 --> 10:42:19,720 targeting could be location literally 16549 10:42:17,596 --> 10:42:21,560 any variable you can test honestly I 16550 10:42:19,720 --> 10:42:23,400 don't use this hardly at all because I 16551 10:42:21,560 --> 10:42:25,000 run manual tests like I'll I'll 16552 10:42:23,400 --> 10:42:27,880 duplicate it out we'll talk about that 16553 10:42:25,000 --> 10:42:29,436 later but next is and this is where this 16554 10:42:27,880 --> 10:42:31,916 is something to actually understand we 16555 10:42:29,436 --> 10:42:34,400 will be using is Advantage campaign 16556 10:42:31,916 --> 10:42:37,116 budget so I just ignore the the word 16557 10:42:34,400 --> 10:42:39,160 advantage that's just them trying to 16558 10:42:37,116 --> 10:42:41,756 that's Facebook selling to you basically 16559 10:42:39,160 --> 10:42:43,916 just think of it as campaign budget cuz 16560 10:42:41,756 --> 10:42:46,360 what you'll notice is at the adet level 16561 10:42:43,916 --> 10:42:48,840 see how the budget is there for the adet 16562 10:42:46,360 --> 10:42:50,276 so nor normally you set the budget 16563 10:42:48,840 --> 10:42:53,400 that's going to be spent at the adset 16564 10:42:50,276 --> 10:42:56,320 level and then you would have like you 16565 10:42:53,400 --> 10:42:58,800 know six adsets within that 16566 10:42:56,320 --> 10:43:01,840 campaign so the budget for this campaign 16567 10:42:58,800 --> 10:43:05,880 would be what do we have seven now so 16568 10:43:01,840 --> 10:43:09,116 that would be 140 bucks then if I switch 16569 10:43:05,880 --> 10:43:12,560 to Advantage budget optimization no 16570 10:43:09,116 --> 10:43:16,160 avo's adset budget optimization this is 16571 10:43:12,560 --> 10:43:18,160 CBO if I turn that on see it now it just 16572 10:43:16,160 --> 10:43:20,116 combines the bud budget of all of those 16573 10:43:18,160 --> 10:43:23,640 ad sets see how the budget is not here 16574 10:43:20,116 --> 10:43:27,276 anymore now it says using campaign 16575 10:43:23,640 --> 10:43:29,360 budget so now we see the budget there if 16576 10:43:27,276 --> 10:43:31,960 I were to flip it back off again and 16577 10:43:29,360 --> 10:43:34,880 tell it to go back to adset budget it's 16578 10:43:31,960 --> 10:43:37,596 no longer here and the budgets go back 16579 10:43:34,880 --> 10:43:40,200 to being here I'll do that one more time 16580 10:43:37,596 --> 10:43:43,116 this is an important so if I right now 16581 10:43:40,200 --> 10:43:45,360 it's not on so if I turn it on that's me 16582 10:43:43,116 --> 10:43:48,080 telling Facebook I want the budget to be 16583 10:43:45,360 --> 10:43:53,116 optimized at the campaign level 16584 10:43:48,080 --> 10:43:53,116 and whoops now the budgets are gone 16585 10:43:53,160 --> 10:43:59,040 here or here side note Facebook does 16586 10:43:56,480 --> 10:44:01,756 this weird thing that if you have adsets 16587 10:43:59,040 --> 10:44:03,680 that are pending it shows them to you no 16588 10:44:01,756 --> 10:44:06,040 matter what campaign you're looking at 16589 10:44:03,680 --> 10:44:08,040 normally it should just be showing me 16590 10:44:06,040 --> 10:44:09,520 the adset that's within that campaign 16591 10:44:08,040 --> 10:44:11,480 for I don't know why they do it this way 16592 10:44:09,520 --> 10:44:13,080 I think they want you to be abundantly 16593 10:44:11,480 --> 10:44:16,276 aware of what you haven't published yet 16594 10:44:13,080 --> 10:44:18,116 but I digress so back to campaign budget 16595 10:44:16,276 --> 10:44:19,720 optimization when would you use it what 16596 10:44:18,116 --> 10:44:21,360 difference does it make the difference 16597 10:44:19,720 --> 10:44:23,720 it makes is we're going to be setting up 16598 10:44:21,360 --> 10:44:25,160 ad sets that have different ads and like 16599 10:44:23,720 --> 10:44:26,756 different strategies to each of them 16600 10:44:25,160 --> 10:44:29,200 we're going to be using mostly open 16601 10:44:26,756 --> 10:44:31,680 targeting and some ads sets I might 16602 10:44:29,200 --> 10:44:34,360 choose to use a a spring interest for 16603 10:44:31,680 --> 10:44:35,720 example or like a flower interest or in 16604 10:44:34,360 --> 10:44:38,480 another one I might use a lookalike 16605 10:44:35,720 --> 10:44:40,320 audience and if I was using adset budget 16606 10:44:38,480 --> 10:44:43,436 optimization I would be saying I want 16607 10:44:40,320 --> 10:44:45,200 you to spend exactly $50 for this 16608 10:44:43,436 --> 10:44:48,116 audience uh and then I want you to spend 16609 10:44:45,200 --> 10:44:50,200 another $50 exactly on on this ad set I 16610 10:44:48,116 --> 10:44:51,916 want you to spend another 50 so on so 16611 10:44:50,200 --> 10:44:54,040 I'm manually telling it exactly which 16612 10:44:51,916 --> 10:44:56,520 adet I want the budget to be going to 16613 10:44:54,040 --> 10:44:59,520 whereas if I switch it to CBO I'm 16614 10:44:56,520 --> 10:45:01,240 telling Facebook okay here's the five ad 16615 10:44:59,520 --> 10:45:04,640 sets you have 16616 10:45:01,240 --> 10:45:07,116 $150 budget to spend as you see fit 16617 10:45:04,640 --> 10:45:09,160 between each of those ad sets so it's 16618 10:45:07,116 --> 10:45:12,116 basically handing the Reigns back to 16619 10:45:09,160 --> 10:45:13,756 Facebook and saying you pick you spend 16620 10:45:12,116 --> 10:45:16,480 the money how you see fit when this 16621 10:45:13,756 --> 10:45:18,520 first came out it used to just be at 16622 10:45:16,480 --> 10:45:20,040 it budget optimization when it first 16623 10:45:18,520 --> 10:45:22,116 came out it didn't work as well and it 16624 10:45:20,040 --> 10:45:24,276 was kind of annoying how how heavily 16625 10:45:22,116 --> 10:45:26,160 they were pushing it nowadays it's 16626 10:45:24,276 --> 10:45:27,916 pretty much all I use aside from in our 16627 10:45:26,160 --> 10:45:30,596 testing campaigns in our testing 16628 10:45:27,916 --> 10:45:32,640 campaigns is where I will manually set 16629 10:45:30,596 --> 10:45:34,720 the budget at the adset level because I 16630 10:45:32,640 --> 10:45:36,400 like want to make sure that I'm testing 16631 10:45:34,720 --> 10:45:37,916 each group of ads I want to make sure 16632 10:45:36,400 --> 10:45:39,916 that each group of ads is getting enough 16633 10:45:37,916 --> 10:45:41,436 budget cuz what it'll do is if it sees 16634 10:45:39,916 --> 10:45:43,200 that one with a campaign budget 16635 10:45:41,436 --> 10:45:45,160 optimization if it sees that one adset 16636 10:45:43,200 --> 10:45:47,436 is performing far better than the rest 16637 10:45:45,160 --> 10:45:49,116 it will stop spending on those or at 16638 10:45:47,436 --> 10:45:51,480 least decrease it pretty severely and 16639 10:45:49,116 --> 10:45:53,160 it'll put all the bend into the One ads 16640 10:45:51,480 --> 10:45:54,756 set that's performing the best let's 16641 10:45:53,160 --> 10:45:57,000 refresh this I'm not sure what happens 16642 10:45:54,756 --> 10:45:59,116 it gets glitchy sometimes if it ever 16643 10:45:57,000 --> 10:46:01,320 like completely glitches up on you I've 16644 10:45:59,116 --> 10:46:03,000 only had to do use this a few times but 16645 10:46:01,320 --> 10:46:05,720 up here in the top right you can click 16646 10:46:03,000 --> 10:46:07,436 reset ads manager and that's like a hard 16647 10:46:05,720 --> 10:46:09,360 reboot that's like if you were to hold 16648 10:46:07,436 --> 10:46:11,560 down the power button on your computer 16649 10:46:09,360 --> 10:46:14,240 and reset it okay so we covered what the 16650 10:46:11,560 --> 10:46:17,040 difference between CBO and avo is we're 16651 10:46:14,240 --> 10:46:19,756 going to be using mostly CBO now to see 16652 10:46:17,040 --> 10:46:23,276 what's at the adset level so we have the 16653 10:46:19,756 --> 10:46:25,480 ability to change the adset name then we 16654 10:46:23,276 --> 10:46:26,960 have the conversion location we're 16655 10:46:25,480 --> 10:46:30,320 always going to be using one of these 16656 10:46:26,960 --> 10:46:31,800 two either website and Shop or website 16657 10:46:30,320 --> 10:46:34,040 which remember when we were setting up 16658 10:46:31,800 --> 10:46:36,916 our like linking our Facebook app in 16659 10:46:34,040 --> 10:46:39,000 Shopify it creates a Facebook shop for 16660 10:46:36,916 --> 10:46:41,200 us automatically which is we have our 16661 10:46:39,000 --> 10:46:42,680 Shopify store which is our hosted 16662 10:46:41,200 --> 10:46:44,880 separate website like seasonal 16663 10:46:42,680 --> 10:46:46,916 collections. well Facebook recently in 16664 10:46:44,880 --> 10:46:49,360 the past year or so or two years now 16665 10:46:46,916 --> 10:46:51,640 added Facebook shop which is now where 16666 10:46:49,360 --> 10:46:53,960 customers or viewers are able to view 16667 10:46:51,640 --> 10:46:55,840 your products and check out from your 16668 10:46:53,960 --> 10:46:57,680 own basically from your Facebook page 16669 10:46:55,840 --> 10:46:59,560 which is better for some people for some 16670 10:46:57,680 --> 10:47:02,360 users which is why Facebook gives you 16671 10:46:59,560 --> 10:47:04,436 the option here so it'll split your 16672 10:47:02,360 --> 10:47:06,240 traffic between traffic that goes to 16673 10:47:04,436 --> 10:47:08,080 your website and then some will go to 16674 10:47:06,240 --> 10:47:10,520 your shop we'll set up the shop and 16675 10:47:08,080 --> 10:47:12,800 optimize it later but we mostly use this 16676 10:47:10,520 --> 10:47:14,640 one nowadays cuz it does perform pretty 16677 10:47:12,800 --> 10:47:16,640 well I would say like about 20% of our 16678 10:47:14,640 --> 10:47:18,116 overall sales comes from Facebook shop 16679 10:47:16,640 --> 10:47:20,000 and the reason that's beneficial to us 16680 10:47:18,116 --> 10:47:22,200 is that there's some people who like 16681 10:47:20,000 --> 10:47:24,480 Facebook users that like staying on the 16682 10:47:22,200 --> 10:47:26,276 platform they prefer not getting taken 16683 10:47:24,480 --> 10:47:28,400 away to some website but then there's 16684 10:47:26,276 --> 10:47:30,520 some people that you know like going to 16685 10:47:28,400 --> 10:47:32,200 other websites and Facebook figures out 16686 10:47:30,520 --> 10:47:34,240 the difference between them and does it 16687 10:47:32,200 --> 10:47:36,480 for you so performance goal maximum 16688 10:47:34,240 --> 10:47:37,880 number of conversions then down here 16689 10:47:36,480 --> 10:47:39,720 Commerce account that's basically just 16690 10:47:37,880 --> 10:47:41,560 your Facebook shop they call it your 16691 10:47:39,720 --> 10:47:44,480 Commerce account just to add more fancy 16692 10:47:41,560 --> 10:47:46,840 buzzword now attribution settings this 16693 10:47:44,480 --> 10:47:49,520 is telling Facebook how far back we 16694 10:47:46,840 --> 10:47:51,916 wanted to consider a sale so if somebody 16695 10:47:49,520 --> 10:47:54,880 clicks on our ad and then they don't buy 16696 10:47:51,916 --> 10:47:57,320 for 3 Days Facebook will still consider 16697 10:47:54,880 --> 10:47:59,640 that purchase but if on the third day 16698 10:47:57,320 --> 10:48:01,840 they purchase it'll count it but then if 16699 10:47:59,640 --> 10:48:04,276 they don't buy they click on the ad they 16700 10:48:01,840 --> 10:48:06,960 don't buy and on the eighth day they do 16701 10:48:04,276 --> 10:48:09,240 purchase then it won't count it or if 16702 10:48:06,960 --> 10:48:11,360 they just see an ad and then up to 24 16703 10:48:09,240 --> 10:48:13,160 hours later they purchase then it'll get 16704 10:48:11,360 --> 10:48:15,436 counted we can adjust this however we 16705 10:48:13,160 --> 10:48:17,040 want like we can they used to have 28 16706 10:48:15,436 --> 10:48:19,116 days as an option they don't do that 16707 10:48:17,040 --> 10:48:20,960 anymore it's interesting but so we can 16708 10:48:19,116 --> 10:48:23,320 adjust it down to one day if we wanted 16709 10:48:20,960 --> 10:48:25,240 like really sensitive ads but 7 Days 16710 10:48:23,320 --> 10:48:27,560 click one day view is pretty standard 16711 10:48:25,240 --> 10:48:29,360 next down here we have budget so like 16712 10:48:27,560 --> 10:48:31,320 the schedule we don't really do too much 16713 10:48:29,360 --> 10:48:33,400 with this the only time I use this is if 16714 10:48:31,320 --> 10:48:34,840 I'm launching ads like the middle of the 16715 10:48:33,400 --> 10:48:36,596 day I don't want them to start in the 16716 10:48:34,840 --> 10:48:38,480 middle of the day because it'll end up 16717 10:48:36,596 --> 10:48:40,160 spend racing through the budget and just 16718 10:48:38,480 --> 10:48:41,960 blowing a bunch of money so the only 16719 10:48:40,160 --> 10:48:43,880 time I really use that is if I want to 16720 10:48:41,960 --> 10:48:46,040 specifically tell it to launch the ads 16721 10:48:43,880 --> 10:48:48,596 the next morning so I would just go like 16722 10:48:46,040 --> 10:48:51,436 here and I I would say today's the 6th 16723 10:48:48,596 --> 10:48:53,160 launch it on Saturday at 1: in the 16724 10:48:51,436 --> 10:48:56,436 morning so I would do something like 16725 10:48:53,160 --> 10:48:57,880 that then location targeting we are 16726 10:48:56,436 --> 10:49:00,080 mostly just going to be doing open 16727 10:48:57,880 --> 10:49:02,520 targeting but you can change the age 16728 10:49:00,080 --> 10:49:04,520 range so you can set a minimum age but 16729 10:49:02,520 --> 10:49:07,276 then down here we're able to switch to 16730 10:49:04,520 --> 10:49:09,520 original audiences they love this they 16731 10:49:07,276 --> 10:49:11,640 love calling stuff Advantage Plus 16732 10:49:09,520 --> 10:49:13,320 basically Advantage anything just means 16733 10:49:11,640 --> 10:49:14,916 they're going to optimize it for you I'm 16734 10:49:13,320 --> 10:49:16,916 just explaining what this stuff is so 16735 10:49:14,916 --> 10:49:19,080 you know what it means and that you do 16736 10:49:16,916 --> 10:49:23,160 have control over it but we mostly just 16737 10:49:19,080 --> 10:49:26,080 use Advantage Plus nowadays but in the 16738 10:49:23,160 --> 10:49:29,000 original audiences in here you can 16739 10:49:26,080 --> 10:49:31,840 choose the age range so for a while I 16740 10:49:29,000 --> 10:49:34,880 was doing like 35 to 65 plus CU that was 16741 10:49:31,840 --> 10:49:37,040 my target market and I was Hing in the 16742 10:49:34,880 --> 10:49:40,480 the demographics and stuff and doing 16743 10:49:37,040 --> 10:49:43,436 things like engaged 16744 10:49:40,480 --> 10:49:45,560 Shoppers which this is behaviors anybody 16745 10:49:43,436 --> 10:49:47,800 who has people have clicked on a call to 16746 10:49:45,560 --> 10:49:49,200 action button shop now in the past week 16747 10:49:47,800 --> 10:49:51,200 that's a pretty powerful audience to be 16748 10:49:49,200 --> 10:49:53,960 able to Target or at least it used to be 16749 10:49:51,200 --> 10:49:55,960 nowadays it's open targeting is better 16750 10:49:53,960 --> 10:49:58,400 but we could type in like for spring I 16751 10:49:55,960 --> 10:50:00,800 could type in flower interest I can see 16752 10:49:58,400 --> 10:50:03,276 the size of the audience so people 16753 10:50:00,800 --> 10:50:05,276 there's 867 million people have the 16754 10:50:03,276 --> 10:50:07,080 interest of flowers or you could Target 16755 10:50:05,276 --> 10:50:08,880 People based on their job title their 16756 10:50:07,080 --> 10:50:11,160 employers you can also get a bunch of 16757 10:50:08,880 --> 10:50:13,240 suggestions or you can browse they used 16758 10:50:11,160 --> 10:50:14,640 to have a ton of like really detailed 16759 10:50:13,240 --> 10:50:16,200 targeting used to be able to Target an 16760 10:50:14,640 --> 10:50:17,640 audience at one person that's where you 16761 10:50:16,200 --> 10:50:20,116 would get the ads where it's like your 16762 10:50:17,640 --> 10:50:22,200 first and last name on a t-shirt super 16763 10:50:20,116 --> 10:50:23,640 creepy Facebook figured that out and 16764 10:50:22,200 --> 10:50:25,276 stopped you from being able to do that 16765 10:50:23,640 --> 10:50:27,840 but again we're just going to be using 16766 10:50:25,276 --> 10:50:29,436 Advantage Advantage Plus for audience 16767 10:50:27,840 --> 10:50:31,640 and then same thing for the placements 16768 10:50:29,436 --> 10:50:33,800 I'll show you what you you can do but 16769 10:50:31,640 --> 10:50:35,840 you can tell it specifically if you want 16770 10:50:33,800 --> 10:50:39,000 your ad to show up in like stories or 16771 10:50:35,840 --> 10:50:40,756 reals or search results and feeds and 16772 10:50:39,000 --> 10:50:43,240 then you can break it down to like what 16773 10:50:40,756 --> 10:50:45,320 specific feed you want which it's it's a 16774 10:50:43,240 --> 10:50:48,000 lot a lot of different things you can 16775 10:50:45,320 --> 10:50:49,436 choose which luckily the Facebook odds 16776 10:50:48,000 --> 10:50:52,200 have made it easy for us and just given 16777 10:50:49,436 --> 10:50:54,756 us Advantage Plus which honestly all 16778 10:50:52,200 --> 10:50:56,640 jokes aside does work extremely well so 16779 10:50:54,756 --> 10:50:59,436 that's at the adset level so campaign is 16780 10:50:56,640 --> 10:51:01,840 choosing our overall objective and goal 16781 10:50:59,436 --> 10:51:03,640 of everything else Downstream adset is 16782 10:51:01,840 --> 10:51:06,240 where you choose your audience your 16783 10:51:03,640 --> 10:51:08,680 budget and placements which most of that 16784 10:51:06,240 --> 10:51:10,880 is just pred decided at this point we do 16785 10:51:08,680 --> 10:51:12,520 auto everything then at the ad level is 16786 10:51:10,880 --> 10:51:14,640 where you choose the page you want to be 16787 10:51:12,520 --> 10:51:16,240 running the ad from so you could 16788 10:51:14,640 --> 10:51:17,560 technically have multiple pages that 16789 10:51:16,240 --> 10:51:18,840 you're running running your ads from 16790 10:51:17,560 --> 10:51:20,880 which some companies will do that 16791 10:51:18,840 --> 10:51:23,200 they'll have like influencers who 16792 10:51:20,880 --> 10:51:25,720 they'll run ads for their brand under 16793 10:51:23,200 --> 10:51:27,320 the influencer's name like gronowski did 16794 10:51:25,720 --> 10:51:29,520 this for a while with like the snow 16795 10:51:27,320 --> 10:51:31,436 teeth whitening ads would be run under 16796 10:51:29,520 --> 10:51:32,916 gronsky's name like his name would be 16797 10:51:31,436 --> 10:51:35,596 for the Facebook page but then it was 16798 10:51:32,916 --> 10:51:37,596 driving traffic to snow teeth whitenings 16799 10:51:35,596 --> 10:51:40,276 Shopify store pretty interesting then 16800 10:51:37,596 --> 10:51:41,680 there's create ad or use existing post 16801 10:51:40,276 --> 10:51:44,200 so create ad is what we're going to be 16802 10:51:41,680 --> 10:51:46,560 using in the ad Library use existing 16803 10:51:44,200 --> 10:51:49,200 post is what we're going to be doing to 16804 10:51:46,560 --> 10:51:51,680 basically we just grab the post ID of 16805 10:51:49,200 --> 10:51:53,960 the ad and paste it there and it makes 16806 10:51:51,680 --> 10:51:55,960 sure that we're using the same exact ad 16807 10:51:53,960 --> 10:51:57,840 across all campaigns the reason that 16808 10:51:55,960 --> 10:51:59,640 matters is it helps us to build up 16809 10:51:57,840 --> 10:52:01,756 engagement because building up likes 16810 10:51:59,640 --> 10:52:04,436 comments and shares is a way to like 16811 10:52:01,756 --> 10:52:07,080 help us go viral and then lastly down 16812 10:52:04,436 --> 10:52:09,880 here we have website we have tracking we 16813 10:52:07,080 --> 10:52:11,480 only use website events you can use URL 16814 10:52:09,880 --> 10:52:14,080 parameters but you don't really need 16815 10:52:11,480 --> 10:52:16,000 that until later on all right last 16816 10:52:14,080 --> 10:52:17,960 section that I want to cover well we 16817 10:52:16,000 --> 10:52:21,040 have s which we touched on in a separate 16818 10:52:17,960 --> 10:52:22,800 lesson then a really cool area is this 16819 10:52:21,040 --> 10:52:24,916 breakdown section over here not many 16820 10:52:22,800 --> 10:52:27,360 people use this but this is a really 16821 10:52:24,916 --> 10:52:30,080 powerful way to get a lot of analytics 16822 10:52:27,360 --> 10:52:32,080 and feedback about your account so one 16823 10:52:30,080 --> 10:52:35,200 of my favorite things to do is with my 16824 10:52:32,080 --> 10:52:36,596 catalog ads I use this product ID drop 16825 10:52:35,200 --> 10:52:38,320 down this is just one example you can 16826 10:52:36,596 --> 10:52:40,680 look at these on your own time but the 16827 10:52:38,320 --> 10:52:42,756 product ID it'll show you that campaign 16828 10:52:40,680 --> 10:52:44,480 it'll show you which specific it's like 16829 10:52:42,756 --> 10:52:45,756 for a catalog ad where it's cycling 16830 10:52:44,480 --> 10:52:47,436 through all of your products from your 16831 10:52:45,756 --> 10:52:49,640 Shopify storees cycling through them on 16832 10:52:47,436 --> 10:52:51,520 Facebook it'll Facebook if you click 16833 10:52:49,640 --> 10:52:52,960 this it'll show you which specific 16834 10:52:51,520 --> 10:52:54,720 products it's been delivering and which 16835 10:52:52,960 --> 10:52:56,520 ones are getting the best results so if 16836 10:52:54,720 --> 10:52:58,840 you have say a massive collection of 16837 10:52:56,520 --> 10:53:01,160 like a thousand products it'd be humanly 16838 10:52:58,840 --> 10:53:03,040 impossible to manually launch all of 16839 10:53:01,160 --> 10:53:04,596 those so you can launch a catalog 16840 10:53:03,040 --> 10:53:06,596 campaign Facebook will automatically 16841 10:53:04,596 --> 10:53:08,720 cycle through all them for you and then 16842 10:53:06,596 --> 10:53:10,480 you can easily see all right which ones 16843 10:53:08,720 --> 10:53:12,276 which products is Facebook finding that 16844 10:53:10,480 --> 10:53:14,200 are performing the best and then pull 16845 10:53:12,276 --> 10:53:16,200 those out and put it into a page post 16846 10:53:14,200 --> 10:53:18,520 campaign like a static image like normal 16847 10:53:16,200 --> 10:53:20,400 ad and then you built then you grab the 16848 10:53:18,520 --> 10:53:22,360 page post ID put it in a bunch of 16849 10:53:20,400 --> 10:53:23,596 campaigns so it has a lot of traffic 16850 10:53:22,360 --> 10:53:25,160 going to a product that you know is a 16851 10:53:23,596 --> 10:53:26,840 winner that you found like needle and 16852 10:53:25,160 --> 10:53:29,480 the Hast stack style and then you start 16853 10:53:26,840 --> 10:53:31,320 building up engagement on that post and 16854 10:53:29,480 --> 10:53:33,436 that's how you get a viral product but 16855 10:53:31,320 --> 10:53:35,360 you can also break it down by like day 16856 10:53:33,436 --> 10:53:38,000 so like if I'm looking at a date range 16857 10:53:35,360 --> 10:53:41,000 of like a month and I want to see like 16858 10:53:38,000 --> 10:53:43,880 how our stats were trending on a 16859 10:53:41,000 --> 10:53:45,840 specific like day by day I just click 16860 10:53:43,880 --> 10:53:47,200 that so yeah there's a lot of metrics 16861 10:53:45,840 --> 10:53:49,680 and stuff that you can break down over 16862 10:53:47,200 --> 10:53:51,840 here reports I hardly ever use that I 16863 10:53:49,680 --> 10:53:53,680 never use the export button rules you 16864 10:53:51,840 --> 10:53:55,840 can set up automations to like cut or 16865 10:53:53,680 --> 10:53:57,360 kill your ads or bump budgets we're not 16866 10:53:55,840 --> 10:53:59,360 really going to do much with that either 16867 10:53:57,360 --> 10:54:01,360 tagging really not going to use any of 16868 10:53:59,360 --> 10:54:03,200 these buttons up here the most that 16869 10:54:01,360 --> 10:54:06,000 we're going to be using is this button 16870 10:54:03,200 --> 10:54:07,116 here to launch new campaigns publish and 16871 10:54:06,000 --> 10:54:09,000 that sort of thing then over on the 16872 10:54:07,116 --> 10:54:10,880 lefthand side here we have our audiences 16873 10:54:09,000 --> 10:54:12,756 tab where we can set up our R targeting 16874 10:54:10,880 --> 10:54:14,756 audiences then we also have our billing 16875 10:54:12,756 --> 10:54:17,276 and payments where we can see how much 16876 10:54:14,756 --> 10:54:19,080 we owe like our past invo voices swap 16877 10:54:17,276 --> 10:54:20,720 out our credit cards stuff like that 16878 10:54:19,080 --> 10:54:23,240 then our account overview is where you 16879 10:54:20,720 --> 10:54:25,320 can see like if there's any violations 16880 10:54:23,240 --> 10:54:28,320 or anything on your ad account or your 16881 10:54:25,320 --> 10:54:30,756 page you can check that out but yeah so 16882 10:54:28,320 --> 10:54:33,160 overall I hope this helped give you an a 16883 10:54:30,756 --> 10:54:34,640 general overview of the ad account and 16884 10:54:33,160 --> 10:54:36,116 have a better understanding of what 16885 10:54:34,640 --> 10:54:38,000 matters the most in here and what you 16886 10:54:36,116 --> 10:54:40,130 can ignore and that'll serve you well as 16887 10:54:38,000 --> 10:54:48,620 you start setting up your campaigns 16888 10:54:40,130 --> 10:54:48,620 [Music] 16889 10:54:50,690 --> 10:54:53,800 [Music] 16890 10:54:52,160 --> 10:54:55,840 inside our ad account we want to set up 16891 10:54:53,800 --> 10:54:57,840 the columns that we see inside our 16892 10:54:55,840 --> 10:54:59,680 dashboard to show us the most important 16893 10:54:57,840 --> 10:55:00,960 metrics specifically the metrics that 16894 10:54:59,680 --> 10:55:03,960 we're going to be looking at for 16895 10:55:00,960 --> 10:55:06,436 optimizing our e-commerce ads and 16896 10:55:03,960 --> 10:55:08,596 Facebook gives us some default columns 16897 10:55:06,436 --> 10:55:10,560 performance and clicks changes the 16898 10:55:08,596 --> 10:55:11,800 metrics that you see across the top here 16899 10:55:10,560 --> 10:55:15,560 but the metrics that we really want to 16900 10:55:11,800 --> 10:55:17,360 be looking at are these here so custom 16901 10:55:15,560 --> 10:55:20,160 columns you're just going to go down to 16902 10:55:17,360 --> 10:55:22,756 customize columns and then you can click 16903 10:55:20,160 --> 10:55:25,756 and drag and move them around and here's 16904 10:55:22,756 --> 10:55:27,960 the full list of all the the metrics 16905 10:55:25,756 --> 10:55:30,360 that we have to choose from and you can 16906 10:55:27,960 --> 10:55:32,436 just copy them the ones that I have here 16907 10:55:30,360 --> 10:55:34,640 the fastest way to do this is to just 16908 10:55:32,436 --> 10:55:36,276 clear out everything rather than going 16909 10:55:34,640 --> 10:55:38,360 down the list and seeing like what to 16910 10:55:36,276 --> 10:55:41,116 keep what just remove everything and 16911 10:55:38,360 --> 10:55:44,560 keep these so campaign delivery amount 16912 10:55:41,116 --> 10:55:47,040 spent budget purchases then uncheck all 16913 10:55:44,560 --> 10:55:49,680 of these so mobile app website purchases 16914 10:55:47,040 --> 10:55:53,880 offline meta purchases then purchase row 16915 10:55:49,680 --> 10:55:55,756 as uncheck uh these two link clicks this 16916 10:55:53,880 --> 10:55:58,436 is the number of people who click the 16917 10:55:55,756 --> 10:56:00,000 links in our ads which sounds obvious 16918 10:55:58,436 --> 10:56:02,880 like why are you repeating this Chris 16919 10:56:00,000 --> 10:56:05,520 it's because they have another metric 16920 10:56:02,880 --> 10:56:07,360 that's just called clicks all and I see 16921 10:56:05,520 --> 10:56:09,480 this get mixed up all the times 16922 10:56:07,360 --> 10:56:11,596 understandably so clicks is the number 16923 10:56:09,480 --> 10:56:13,880 of people who just click on your ad or 16924 10:56:11,596 --> 10:56:15,200 engage with it anywhere which is okay 16925 10:56:13,880 --> 10:56:16,640 information but it's not what we really 16926 10:56:15,200 --> 10:56:19,360 want to be tracked we really want to be 16927 10:56:16,640 --> 10:56:22,116 tracking people who click to go to our 16928 10:56:19,360 --> 10:56:24,560 website so choose link clicks and then 16929 10:56:22,116 --> 10:56:26,560 cost per link click again there's a cost 16930 10:56:24,560 --> 10:56:30,320 per click which 16931 10:56:26,560 --> 10:56:31,680 is just CPC all we don't really care 16932 10:56:30,320 --> 10:56:34,560 about that number we want to see the 16933 10:56:31,680 --> 10:56:35,880 cost per link click then we have CTR 16934 10:56:34,560 --> 10:56:37,560 again make sure it's the link 16935 10:56:35,880 --> 10:56:39,680 click-through rate then you have your 16936 10:56:37,560 --> 10:56:42,560 cpms which is your cost per thousand 16937 10:56:39,680 --> 10:56:44,800 Impressions which is just if your ad is 16938 10:56:42,560 --> 10:56:46,560 seen a th times what did you get charged 16939 10:56:44,800 --> 10:56:48,400 for that next is the number of adds to 16940 10:56:46,560 --> 10:56:49,840 cart this can only be tracked if the 16941 10:56:48,400 --> 10:56:52,080 pixel is set up properly and our 16942 10:56:49,840 --> 10:56:54,480 conversions are being reported then you 16943 10:56:52,080 --> 10:56:56,360 uncheck each of these then unique adds 16944 10:56:54,480 --> 10:56:57,640 the cart this is to make sure that uh 16945 10:56:56,360 --> 10:57:00,116 we're not just getting a bunch of like 16946 10:56:57,640 --> 10:57:01,916 repeat adding to cart over again which 16947 10:57:00,116 --> 10:57:03,480 does happen we want to be tracking like 16948 10:57:01,916 --> 10:57:05,756 individual people adding the card 16949 10:57:03,480 --> 10:57:08,000 uncheck each of these and then checkouts 16950 10:57:05,756 --> 10:57:09,756 initiated uncheck each of those and then 16951 10:57:08,000 --> 10:57:14,160 engagement rate ranking we don't really 16952 10:57:09,756 --> 10:57:16,596 look at that a lot but it's it's good to 16953 10:57:14,160 --> 10:57:18,116 sometimes see like uh if you have post 16954 10:57:16,596 --> 10:57:20,720 that's like getting engaged with a lot 16955 10:57:18,116 --> 10:57:22,640 but we normally check that just by um 16956 10:57:20,720 --> 10:57:24,320 looking at the ad itself and the last 16957 10:57:22,640 --> 10:57:26,436 one that I actually didn't have on here 16958 10:57:24,320 --> 10:57:28,720 is frequency and frequency is the number 16959 10:57:26,436 --> 10:57:30,960 of times that each individual person has 16960 10:57:28,720 --> 10:57:33,116 seen your ad on average and this is an 16961 10:57:30,960 --> 10:57:35,436 important metric for us to track to make 16962 10:57:33,116 --> 10:57:37,756 sure that we're not hitting like too 16963 10:57:35,436 --> 10:57:39,756 small of an audience or our audience is 16964 10:57:37,756 --> 10:57:40,960 getting burned out and you hit apply and 16965 10:57:39,756 --> 10:57:46,240 then 16966 10:57:40,960 --> 10:57:46,240 save name it whatever you want Ecom 16967 10:57:46,276 --> 10:57:50,916 columns sometimes this glitches and yeah 16968 10:57:49,276 --> 10:57:54,360 it's not letting me save it right now 16969 10:57:50,916 --> 10:57:56,756 but that's pretty neat another way 16970 10:57:54,360 --> 10:57:58,880 around it is if you just save your 16971 10:57:56,756 --> 10:58:02,560 columns or your setup exactly how you 16972 10:57:58,880 --> 10:58:04,680 have it uh it it adjusts the URL to save 16973 10:58:02,560 --> 10:58:06,840 those columns so even though it's not 16974 10:58:04,680 --> 10:58:08,520 saving it for me for whatever reason 16975 10:58:06,840 --> 10:58:11,000 just by me navigating back to that 16976 10:58:08,520 --> 10:58:12,840 bookmark that I just created will 16977 10:58:11,000 --> 10:58:14,320 effectively do the same thing so that's 16978 10:58:12,840 --> 10:58:16,240 how to set up your columns in your ad 16979 10:58:14,320 --> 10:58:18,596 account uh so you're looking at the 16980 10:58:16,240 --> 10:58:21,800 right metrics and they're also ordered 16981 10:58:18,596 --> 10:58:23,800 in order of importance so campaign name 16982 10:58:21,800 --> 10:58:26,080 is obvious amount spend budget those are 16983 10:58:23,800 --> 10:58:27,640 all obvious but then it goes in order of 16984 10:58:26,080 --> 10:58:29,596 like the things that we the most so 16985 10:58:27,640 --> 10:58:31,680 purchases how many people we got our row 16986 10:58:29,596 --> 10:58:33,276 as what's our return on ad spend so for 16987 10:58:31,680 --> 10:58:34,916 every dollar we spent how many dollars 16988 10:58:33,276 --> 10:58:37,916 do we make back we want that to be at 16989 10:58:34,916 --> 10:58:39,640 least a two two to 2.5 minimum uh number 16990 10:58:37,916 --> 10:58:41,916 of people who clicked on our ads the 16991 10:58:39,640 --> 10:58:44,116 cost per each click the percentage of 16992 10:58:41,916 --> 10:58:45,800 people who click through on our ads the 16993 10:58:44,116 --> 10:58:47,720 cost per thousand Impressions number of 16994 10:58:45,800 --> 10:58:49,680 people added to cart or number of ads to 16995 10:58:47,720 --> 10:58:51,680 cart number of people who added to cart 16996 10:58:49,680 --> 10:58:55,360 number of checkouts initiated and then 16997 10:58:51,680 --> 10:58:56,960 the frequency um of our ads that our ads 16998 10:58:55,360 --> 10:58:58,880 have been shown to the average person 16999 10:58:56,960 --> 10:59:01,080 and then the engagement rate ranking 17000 10:58:58,880 --> 10:59:03,080 only shows up at the ad level because 17001 10:59:01,080 --> 10:59:06,640 it's reported on each individual ad and 17002 10:59:03,080 --> 10:59:08,596 not on campaigns overall so there's a 17003 10:59:06,640 --> 10:59:12,680 quick rundown on the metrics you want to 17004 10:59:08,596 --> 10:59:12,680 be tracking in your ad account 17005 10:59:13,160 --> 10:59:18,920 [Music] 17006 10:59:20,990 --> 10:59:24,200 [Music] 17007 10:59:22,480 --> 10:59:25,880 now we're going to be warming up our ad 17008 10:59:24,200 --> 10:59:27,480 account before we start building out the 17009 10:59:25,880 --> 10:59:29,200 rest of our campaigns we want to make 17010 10:59:27,480 --> 10:59:31,596 sure that we take a little bit of time 17011 10:59:29,200 --> 10:59:34,080 to do this to give ourselves the best 17012 10:59:31,596 --> 10:59:36,276 chance of not getting banned by Facebook 17013 10:59:34,080 --> 10:59:38,360 I've been banned way too many times to 17014 10:59:36,276 --> 10:59:40,480 count for doing literally nothing 17015 10:59:38,360 --> 10:59:42,680 Facebook is just Trigger Happy in 17016 10:59:40,480 --> 10:59:44,480 protecting its users that's their top 17017 10:59:42,680 --> 10:59:46,320 priority and the way that they do that 17018 10:59:44,480 --> 10:59:48,480 is by making sure that they keep a 17019 10:59:46,320 --> 10:59:50,160 really close watch on the advertisers on 17020 10:59:48,480 --> 10:59:51,960 the platform so much so that good 17021 10:59:50,160 --> 10:59:53,756 advertisers who are doing nothing end up 17022 10:59:51,960 --> 10:59:55,916 getting banned a lot of the times and 17023 10:59:53,756 --> 10:59:57,560 they support if you get banned is very 17024 10:59:55,916 --> 10:59:59,320 challenging to work with so we want to 17025 10:59:57,560 --> 11:00:00,596 do everything we can to not have that 17026 10:59:59,320 --> 11:00:01,680 happen out of the gate especially 17027 11:00:00,596 --> 11:00:03,200 because we're running a legitimate 17028 11:00:01,680 --> 11:00:04,520 business they're trying to weed out 17029 11:00:03,200 --> 11:00:06,596 people that are like Drop Shipping 17030 11:00:04,520 --> 11:00:09,596 products with 6 we to never shipping 17031 11:00:06,596 --> 11:00:12,916 times or just selling like scam offers 17032 11:00:09,596 --> 11:00:14,840 or pushing like political ads or drugs 17033 11:00:12,916 --> 11:00:16,200 like uh that kind of stuff those are the 17034 11:00:14,840 --> 11:00:17,640 people that really trying to watch out 17035 11:00:16,200 --> 11:00:20,520 for because believe it or not there are 17036 11:00:17,640 --> 11:00:23,400 a lot of them out there but it ends up 17037 11:00:20,520 --> 11:00:25,200 impacting advertisers like us so all 17038 11:00:23,400 --> 11:00:27,400 that to say we're going to warm up our 17039 11:00:25,200 --> 11:00:30,000 ad account what that means is basically 17040 11:00:27,400 --> 11:00:32,596 dipping our feet into the waters before 17041 11:00:30,000 --> 11:00:35,680 jumping in head first cuz Facebook has 17042 11:00:32,596 --> 11:00:38,116 found that a sign or a attribute of 17043 11:00:35,680 --> 11:00:40,160 advertisers who are going to do some BS 17044 11:00:38,116 --> 11:00:41,840 are the ones who get a new ad account 17045 11:00:40,160 --> 11:00:44,400 and then immediately launch a ton of 17046 11:00:41,840 --> 11:00:46,596 conversion ads and quickly scale up they 17047 11:00:44,400 --> 11:00:48,520 just like burn fast and burn out that's 17048 11:00:46,596 --> 11:00:50,480 what the scammers do so we're trying to 17049 11:00:48,520 --> 11:00:53,400 show Facebook that we're not like that 17050 11:00:50,480 --> 11:00:55,040 the way we do that is by launching a PPE 17051 11:00:53,400 --> 11:00:57,480 Campaign which is like the most 17052 11:00:55,040 --> 11:01:00,400 innocuous type of campaign it's like 17053 11:00:57,480 --> 11:01:03,040 very lowrisk show Facebook like hands up 17054 11:01:00,400 --> 11:01:04,680 we're not doing anything and that's what 17055 11:01:03,040 --> 11:01:06,160 we're going to set up right now and then 17056 11:01:04,680 --> 11:01:09,080 we're once we set it up we're going to 17057 11:01:06,160 --> 11:01:11,880 wait until we actually get build like a 17058 11:01:09,080 --> 11:01:13,720 a charge a small charge hits our card so 17059 11:01:11,880 --> 11:01:15,960 that Facebook sees that like our account 17060 11:01:13,720 --> 11:01:17,916 is actually legit it's able to charge us 17061 11:01:15,960 --> 11:01:20,320 and we warm it up from there so to do 17062 11:01:17,916 --> 11:01:22,520 that we're going to hit create and then 17063 11:01:20,320 --> 11:01:24,116 go down to engagement we'll talk more 17064 11:01:22,520 --> 11:01:26,040 about these different campaign types 17065 11:01:24,116 --> 11:01:27,320 shortly but we're just going to do I 17066 11:01:26,040 --> 11:01:29,840 never like doing the recommended 17067 11:01:27,320 --> 11:01:35,160 settings they always like slip stuff in 17068 11:01:29,840 --> 11:01:35,160 on you so just going to write 17069 11:01:35,480 --> 11:01:41,160 PP warmup for the campaign name this 17070 11:01:39,200 --> 11:01:43,560 campaign does not matter at all don't 17071 11:01:41,160 --> 11:01:45,880 worry about what the ad is how it looks 17072 11:01:43,560 --> 11:01:47,640 any of that this is literally just for 17073 11:01:45,880 --> 11:01:49,240 for getting our account to the point 17074 11:01:47,640 --> 11:01:51,400 where we're able to launch our actual 17075 11:01:49,240 --> 11:01:53,360 ads this is not a real ad this is not 17076 11:01:51,400 --> 11:01:54,880 like the start of your marketing journey 17077 11:01:53,360 --> 11:01:57,880 to not worry about it like literally 17078 11:01:54,880 --> 11:02:00,360 grab any picture it doesn't matter so we 17079 11:01:57,880 --> 11:02:02,116 have the campaign level here then we 17080 11:02:00,360 --> 11:02:06,400 have the adset level and then the ad 17081 11:02:02,116 --> 11:02:10,276 level which that's campaigns adsets ads 17082 11:02:06,400 --> 11:02:12,756 so we go to the adset level just name it 17083 11:02:10,276 --> 11:02:16,400 PP warmup 17084 11:02:12,756 --> 11:02:19,000 adset conversion location at 17085 11:02:16,400 --> 11:02:20,400 post engagement optimizing is basically 17086 11:02:19,000 --> 11:02:21,800 just telling Facebook what we're trying 17087 11:02:20,400 --> 11:02:23,480 to get out of this are we trying to get 17088 11:02:21,800 --> 11:02:25,400 people to view our videos we're trying 17089 11:02:23,480 --> 11:02:27,436 to get them to engage with our post 17090 11:02:25,400 --> 11:02:29,040 which is like comment sharing are we 17091 11:02:27,436 --> 11:02:30,960 trying to get them to respond to an 17092 11:02:29,040 --> 11:02:32,240 event which that will never apply to us 17093 11:02:30,960 --> 11:02:34,116 or we trying to get them to set 17094 11:02:32,240 --> 11:02:36,360 reminders we're not doing that either 17095 11:02:34,116 --> 11:02:38,360 and within so we said we're trying to 17096 11:02:36,360 --> 11:02:40,276 get people to engage with our post then 17097 11:02:38,360 --> 11:02:41,800 within that are we trying to get the 17098 11:02:40,276 --> 11:02:44,400 maximum number of engagements on the 17099 11:02:41,800 --> 11:02:47,080 post are we trying to maximize the daily 17100 11:02:44,400 --> 11:02:49,560 reach which is the number of people that 17101 11:02:47,080 --> 11:02:51,116 we're reaching uh or the number of 17102 11:02:49,560 --> 11:02:52,720 Impressions which is the number of times 17103 11:02:51,116 --> 11:02:55,240 that our ad is viewed uh we're going to 17104 11:02:52,720 --> 11:02:57,560 set our daily budget to five bucks 17105 11:02:55,240 --> 11:03:01,276 location just keep it at the United 17106 11:02:57,560 --> 11:03:03,360 States and all the stuff is good okay so 17107 11:03:01,276 --> 11:03:04,840 first select your Facebook page and if 17108 11:03:03,360 --> 11:03:06,276 you haven't linked an Instagram account 17109 11:03:04,840 --> 11:03:08,000 yet like I haven't I always 17110 11:03:06,276 --> 11:03:10,160 procrastinate on that it's fine you can 17111 11:03:08,000 --> 11:03:13,040 still run ads on Instagram it'll just 17112 11:03:10,160 --> 11:03:15,400 show up as your page which is totally 17113 11:03:13,040 --> 11:03:16,680 fine and here we're going to do create 17114 11:03:15,400 --> 11:03:20,320 ad 17115 11:03:16,680 --> 11:03:23,040 and add media adding an image so upload 17116 11:03:20,320 --> 11:03:25,916 choose again literally any image click 17117 11:03:23,040 --> 11:03:27,200 Next original for all of these it 17118 11:03:25,916 --> 11:03:28,880 doesn't matter for this one cuz we're 17119 11:03:27,200 --> 11:03:31,240 just trying to get something approved 17120 11:03:28,880 --> 11:03:34,520 but talk about that stuff later um so 17121 11:03:31,240 --> 11:03:37,560 call to action button we don't even need 17122 11:03:34,520 --> 11:03:40,160 to add that and then the text we put 17123 11:03:37,560 --> 11:03:44,116 here is it literally does not matter at 17124 11:03:40,160 --> 11:03:47,000 all but spring 17125 11:03:44,116 --> 11:03:49,520 inspired t-shirt 17126 11:03:47,000 --> 11:03:53,756 collection now 17127 11:03:49,520 --> 11:03:56,596 available wow this is kind of cool no I 17128 11:03:53,756 --> 11:03:58,240 like the old version I like that not 17129 11:03:56,596 --> 11:03:59,720 really it would never get conversions 17130 11:03:58,240 --> 11:04:02,916 but I like that they added the feature 17131 11:03:59,720 --> 11:04:06,916 your head's in the right place 17132 11:04:02,916 --> 11:04:08,916 Zuckerberg cool now add a destination 17133 11:04:06,916 --> 11:04:10,640 website events turn that on so that 17134 11:04:08,916 --> 11:04:13,596 that's saying that we want our pixel to 17135 11:04:10,640 --> 11:04:15,720 track which again this ad doesn't matter 17136 11:04:13,596 --> 11:04:16,916 but we are just going through the motion 17137 11:04:15,720 --> 11:04:18,596 so we know how to set it up the right 17138 11:04:16,916 --> 11:04:20,400 way all right so there we have it the 17139 11:04:18,596 --> 11:04:22,840 most basic ad you will ever Lay Your 17140 11:04:20,400 --> 11:04:24,800 Eyes on we're not even doing a call to 17141 11:04:22,840 --> 11:04:27,240 action button or anything 17142 11:04:24,800 --> 11:04:30,400 cuz this the goal of this is not to get 17143 11:04:27,240 --> 11:04:32,520 sales so hit publish let's see if it 17144 11:04:30,400 --> 11:04:34,960 gives us any error messages is anything 17145 11:04:32,520 --> 11:04:34,960 we have to 17146 11:04:35,080 --> 11:04:42,160 fix no okay awesome if it does give you 17147 11:04:40,000 --> 11:04:43,276 an error message it'll pop up here just 17148 11:04:42,160 --> 11:04:46,200 view 17149 11:04:43,276 --> 11:04:48,800 details um and it'll tell you what's 17150 11:04:46,200 --> 11:04:50,916 wrong but now what happens is the 17151 11:04:48,800 --> 11:04:53,720 delivery updates the processing which 17152 11:04:50,916 --> 11:04:55,800 just means that the ad is being 17153 11:04:53,720 --> 11:04:58,720 uploaded it'll stay like this for a 17154 11:04:55,800 --> 11:05:01,800 little bit in the meantime you 17155 11:04:58,720 --> 11:05:03,916 can keep mashing the refresh button 17156 11:05:01,800 --> 11:05:05,560 until it's finished sometimes refreshing 17157 11:05:03,916 --> 11:05:07,200 the entire page is 17158 11:05:05,560 --> 11:05:09,840 necessary 17159 11:05:07,200 --> 11:05:11,596 but uh it'll go from processing to in 17160 11:05:09,840 --> 11:05:13,240 review and while it's in review you 17161 11:05:11,596 --> 11:05:15,080 really don't want to do too much else in 17162 11:05:13,240 --> 11:05:18,480 the ad account I've gotten banned before 17163 11:05:15,080 --> 11:05:20,480 by uploading an ad uh and then while I 17164 11:05:18,480 --> 11:05:22,720 have that ad in review I upload a bunch 17165 11:05:20,480 --> 11:05:25,436 more and then if I just am stacking ads 17166 11:05:22,720 --> 11:05:27,800 that are in review that's for whatever 17167 11:05:25,436 --> 11:05:29,960 reason triggered getting banned for like 17168 11:05:27,800 --> 11:05:32,840 circumventing policies for whatever that 17169 11:05:29,960 --> 11:05:35,160 means so just wait until it goes from 17170 11:05:32,840 --> 11:05:37,400 processing to in review to approved then 17171 11:05:35,160 --> 11:05:39,596 once it's in approved then you can start 17172 11:05:37,400 --> 11:05:42,480 uploading more stuff what I normally do 17173 11:05:39,596 --> 11:05:44,520 is when stuff is in review I'll build 17174 11:05:42,480 --> 11:05:45,960 the rest of the ads but I'll just save 17175 11:05:44,520 --> 11:05:48,916 I'll keep them in draft and then I'll 17176 11:05:45,960 --> 11:05:51,400 hit publish afterwards but our goal now 17177 11:05:48,916 --> 11:05:53,080 since we've got this in processing it's 17178 11:05:51,400 --> 11:05:55,040 going to go to review then approved we 17179 11:05:53,080 --> 11:05:56,840 want to wait for it to start spending so 17180 11:05:55,040 --> 11:05:59,520 that means that it's like fully approved 17181 11:05:56,840 --> 11:06:02,436 fully your fully green light and then 17182 11:05:59,520 --> 11:06:04,960 we're going to let ourselves get build 17183 11:06:02,436 --> 11:06:06,400 by Facebook let it spend like normally 17184 11:06:04,960 --> 11:06:08,756 when you on a brand new account your 17185 11:06:06,400 --> 11:06:11,160 billing threshold is like $25 and then 17186 11:06:08,756 --> 11:06:13,400 Facebook will incrementally step you up 17187 11:06:11,160 --> 11:06:15,040 like it'll go from 25 you get build 17188 11:06:13,400 --> 11:06:19,520 every 25 bucks then you get build every 17189 11:06:15,040 --> 11:06:21,916 50 then every 100 then 200 250 then 500 17190 11:06:19,520 --> 11:06:24,080 and eventually it'll cap out at 900 and 17191 11:06:21,916 --> 11:06:26,040 once you're at $900 billing threshold 17192 11:06:24,080 --> 11:06:29,000 then you know that you're like fully 17193 11:06:26,040 --> 11:06:30,520 golden quote unquote you're never 17194 11:06:29,000 --> 11:06:32,160 completely in the clear when it comes to 17195 11:06:30,520 --> 11:06:33,880 Facebook but that's the best best 17196 11:06:32,160 --> 11:06:35,200 position you can be in so it's 17197 11:06:33,880 --> 11:06:37,400 definitely worth taking a little bit of 17198 11:06:35,200 --> 11:06:39,000 time to warm up the account to avoid the 17199 11:06:37,400 --> 11:06:41,880 hassle of getting banned later on down 17200 11:06:39,000 --> 11:06:44,200 the road so hopefully that helps uh some 17201 11:06:41,880 --> 11:06:46,400 of you get avoid bans and if you have 17202 11:06:44,200 --> 11:06:48,160 any questions uh uh feel free to let me 17203 11:06:46,400 --> 11:06:56,650 know and I'll see you in the next 17204 11:06:48,160 --> 11:06:56,650 [Music] 17205 11:06:59,200 --> 11:07:03,360 lesson in this lesson we're going to be 17206 11:07:01,480 --> 11:07:05,640 covering how we want to structure the 17207 11:07:03,360 --> 11:07:07,756 campaigns within our ad account so we 17208 11:07:05,640 --> 11:07:10,800 get the most bang for our buck what I 17209 11:07:07,756 --> 11:07:12,560 used to do when I was launching ads is I 17210 11:07:10,800 --> 11:07:14,916 would just make a ton of campaigns all 17211 11:07:12,560 --> 11:07:16,520 driving cold traffic to my website and 17212 11:07:14,916 --> 11:07:17,916 pretty much hope for the best now after 17213 11:07:16,520 --> 11:07:19,960 doing this for a couple years I've 17214 11:07:17,916 --> 11:07:21,680 learned that there's much easier and 17215 11:07:19,960 --> 11:07:24,000 simpler way that requires a lot less 17216 11:07:21,680 --> 11:07:25,960 maintenance and that is setting up a few 17217 11:07:24,000 --> 11:07:28,080 very specific campaigns rather than just 17218 11:07:25,960 --> 11:07:29,436 a bunch of random ones sounds obvious 17219 11:07:28,080 --> 11:07:30,560 but took a little while to figure that 17220 11:07:29,436 --> 11:07:32,640 out but the way that we're going to be 17221 11:07:30,560 --> 11:07:36,400 setting up our campaigns is structuring 17222 11:07:32,640 --> 11:07:39,200 them from cold to hot to existing 17223 11:07:36,400 --> 11:07:40,720 customer traffic so cold traffic being 17224 11:07:39,200 --> 11:07:42,436 the people that have never heard of our 17225 11:07:40,720 --> 11:07:44,596 brand before they're seeing us for the 17226 11:07:42,436 --> 11:07:46,880 very first time warm traffic being the 17227 11:07:44,596 --> 11:07:48,756 group of people that have seen our ads 17228 11:07:46,880 --> 11:07:50,840 maybe engaged with it like left a 17229 11:07:48,756 --> 11:07:52,360 comment or liked or visited our Facebook 17230 11:07:50,840 --> 11:07:53,960 page but haven't actually gone to our 17231 11:07:52,360 --> 11:07:56,080 website and then our hot traffic 17232 11:07:53,960 --> 11:07:58,756 campaigns is going to be for the people 17233 11:07:56,080 --> 11:08:01,080 that actually got to our website so view 17234 11:07:58,756 --> 11:08:02,880 content or added to cart or initiate a 17235 11:08:01,080 --> 11:08:04,240 checkout but for whatever reason didn't 17236 11:08:02,880 --> 11:08:06,640 purchase and we're going to get back in 17237 11:08:04,240 --> 11:08:09,240 front of those people and show them new 17238 11:08:06,640 --> 11:08:10,320 ads and then for our existing customers 17239 11:08:09,240 --> 11:08:12,240 the people who get all the way through 17240 11:08:10,320 --> 11:08:14,436 to purchase we're going to retarget them 17241 11:08:12,240 --> 11:08:16,400 giving them new offers showing them 17242 11:08:14,436 --> 11:08:17,880 other collections basically just 17243 11:08:16,400 --> 11:08:19,756 continue building the relationship with 17244 11:08:17,880 --> 11:08:21,756 them similar to how we would with our 17245 11:08:19,756 --> 11:08:23,880 email flows after somebody's signed up 17246 11:08:21,756 --> 11:08:27,116 or purchased from us so that's that's 17247 11:08:23,880 --> 11:08:29,200 the point on the like the cold warm hot 17248 11:08:27,116 --> 11:08:31,720 existing customer like the temperature 17249 11:08:29,200 --> 11:08:33,880 of the traffic then the other piece is 17250 11:08:31,720 --> 11:08:35,756 the testing structure so we're going to 17251 11:08:33,880 --> 11:08:38,116 have two different testing campaigns 17252 11:08:35,756 --> 11:08:41,520 we're going to have one that's a PPE so 17253 11:08:38,116 --> 11:08:43,400 that's page post engagement and then two 17254 11:08:41,520 --> 11:08:45,116 the second one is going to be conversion 17255 11:08:43,400 --> 11:08:47,320 and the goal of those testing campaigns 17256 11:08:45,116 --> 11:08:49,520 is going to be essentially just saving 17257 11:08:47,320 --> 11:08:52,276 our ad spend as much as possible for our 17258 11:08:49,520 --> 11:08:55,080 winning ads so a way that I've in the 17259 11:08:52,276 --> 11:08:57,436 past have blown a ton of money is by 17260 11:08:55,080 --> 11:09:00,116 just throwing every ad into conversion 17261 11:08:57,436 --> 11:09:01,520 campaigns and giving them all like way 17262 11:09:00,116 --> 11:09:03,960 too much budget way more than they 17263 11:09:01,520 --> 11:09:06,880 deserve because they were unproven ads 17264 11:09:03,960 --> 11:09:08,960 so an easy example to think of this is 17265 11:09:06,880 --> 11:09:10,720 like in baseball you have the bullpen 17266 11:09:08,960 --> 11:09:12,720 and then you have like the pitchers 17267 11:09:10,720 --> 11:09:14,960 who's out on the mound and the Pitcher 17268 11:09:12,720 --> 11:09:17,840 who's out on the mound is in this case 17269 11:09:14,960 --> 11:09:20,116 it's our winning ads the ads that uh are 17270 11:09:17,840 --> 11:09:22,756 in our main campaigns are cold warm and 17271 11:09:20,116 --> 11:09:24,960 hot and then over time it like they'll 17272 11:09:22,756 --> 11:09:26,840 perform well for a number of innings 17273 11:09:24,960 --> 11:09:28,400 hopefully the entire game but in a lot 17274 11:09:26,840 --> 11:09:30,436 of times in the sixth seventh eighth 17275 11:09:28,400 --> 11:09:32,160 inning they'll start to get exhausted or 17276 11:09:30,436 --> 11:09:34,116 in our case like maybe the audience has 17277 11:09:32,160 --> 11:09:36,080 seen it too much or our frequency is 17278 11:09:34,116 --> 11:09:37,756 starting to climb and we need to swap in 17279 11:09:36,080 --> 11:09:39,360 something new if we don't have a testing 17280 11:09:37,756 --> 11:09:41,320 campaign then we're like all right just 17281 11:09:39,360 --> 11:09:42,640 every pitcher get out there on the mound 17282 11:09:41,320 --> 11:09:44,360 let's see what happens which obviously 17283 11:09:42,640 --> 11:09:46,520 doesn't work so we're going to be 17284 11:09:44,360 --> 11:09:49,596 building our own bull pen basically a 17285 11:09:46,520 --> 11:09:52,756 way for us at a very low cost test a ton 17286 11:09:49,596 --> 11:09:54,916 of ads so that whenever our winners our 17287 11:09:52,756 --> 11:09:57,276 our star players start to get worn out 17288 11:09:54,916 --> 11:09:59,520 out on the mound we have a bunch of a 17289 11:09:57,276 --> 11:10:02,116 lineup of other pctures that we can tap 17290 11:09:59,520 --> 11:10:03,840 to go in and immediately pick up 17291 11:10:02,116 --> 11:10:05,360 performance exactly where it was left 17292 11:10:03,840 --> 11:10:06,960 off that's the idea anyway that's what 17293 11:10:05,360 --> 11:10:09,000 we're going to be trying to execute 17294 11:10:06,960 --> 11:10:11,080 towards and now we're going to set up 17295 11:10:09,000 --> 11:10:12,596 those campaigns and then in later 17296 11:10:11,080 --> 11:10:14,840 lessons we're actually going to start to 17297 11:10:12,596 --> 11:10:16,916 build out what those ads and the ad sets 17298 11:10:14,840 --> 11:10:19,520 within those look like all right so 17299 11:10:16,916 --> 11:10:21,800 first campaign we're going to set up is 17300 11:10:19,520 --> 11:10:24,436 engagement yep engagement so there's 17301 11:10:21,800 --> 11:10:26,276 awareness traffic engagement leads app 17302 11:10:24,436 --> 11:10:28,720 promotion and sales sales is the one 17303 11:10:26,276 --> 11:10:31,680 we're almost always going to be running 17304 11:10:28,720 --> 11:10:33,800 except for this one so engagement manual 17305 11:10:31,680 --> 11:10:38,040 engagement campaign I'm going to rename 17306 11:10:33,800 --> 11:10:41,080 it testing PP there we go I'm just going 17307 11:10:38,040 --> 11:10:46,200 to leave it at as that for now next we 17308 11:10:41,080 --> 11:10:49,160 have conversions manual setup zero undor 17309 11:10:46,200 --> 11:10:50,560 testing conversions and the reason I'm 17310 11:10:49,160 --> 11:10:53,436 putting a zero in front of it is that 17311 11:10:50,560 --> 11:10:55,640 when I sort by campaign name those will 17312 11:10:53,436 --> 11:11:00,436 show up at the top and then cold is 17313 11:10:55,640 --> 11:11:03,640 going to be 1 underscore cold 2core warm 17314 11:11:00,436 --> 11:11:06,436 you get get the point uh the one that I 17315 11:11:03,640 --> 11:11:09,840 did not mention is our ad 17316 11:11:06,436 --> 11:11:11,276 library and the ad Library explain it as 17317 11:11:09,840 --> 11:11:13,916 I'm setting it up is where we're going 17318 11:11:11,276 --> 11:11:15,240 to upload each of our ads for the first 17319 11:11:13,916 --> 11:11:17,520 time it's a campaign that we're never 17320 11:11:15,240 --> 11:11:19,800 going to run but we just upload it to 17321 11:11:17,520 --> 11:11:21,640 the ad library to easily like organize 17322 11:11:19,800 --> 11:11:23,720 all of our ads in one place rather than 17323 11:11:21,640 --> 11:11:26,596 having to fish through like tons of 17324 11:11:23,720 --> 11:11:30,040 campaigns and AD sets we know that we 17325 11:11:26,596 --> 11:11:32,320 can always find them here ad library 17326 11:11:30,040 --> 11:11:34,480 next we have 17327 11:11:32,320 --> 11:11:37,080 our cold 17328 11:11:34,480 --> 11:11:39,320 campaign I'm going to put us we're going 17329 11:11:37,080 --> 11:11:41,276 to start off targeting just us traffic 17330 11:11:39,320 --> 11:11:43,320 and then once we've optimized that like 17331 11:11:41,276 --> 11:11:46,840 we're getting good results then we'll 17332 11:11:43,320 --> 11:11:47,880 expand out to worldwide audiences next 17333 11:11:46,840 --> 11:11:51,596 we have 17334 11:11:47,880 --> 11:11:54,960 warm so we have our testing PP testing 17335 11:11:51,596 --> 11:11:57,360 conversions our ad Library are cold us 17336 11:11:54,960 --> 11:11:59,040 and warm hot and existing warm hot and 17337 11:11:57,360 --> 11:12:00,596 existing aren't going to get used a 17338 11:11:59,040 --> 11:12:02,436 whole lot within the scope of this 17339 11:12:00,596 --> 11:12:03,800 because we're not going to have enough 17340 11:12:02,436 --> 11:12:05,520 traffic to really populate these 17341 11:12:03,800 --> 11:12:07,400 audiences we'll talk about how to set 17342 11:12:05,520 --> 11:12:09,276 them up as a side note if you have any 17343 11:12:07,400 --> 11:12:11,720 amount of organic traffic coming to your 17344 11:12:09,276 --> 11:12:13,560 website right now like a couple thousand 17345 11:12:11,720 --> 11:12:15,916 sessions a month even highly recommend 17346 11:12:13,560 --> 11:12:17,680 setting up your hot retargeting 17347 11:12:15,916 --> 11:12:18,916 campaigns as your first order business 17348 11:12:17,680 --> 11:12:21,916 because that's like the lowest hanging 17349 11:12:18,916 --> 11:12:24,200 fruit possible so again the the idea 17350 11:12:21,916 --> 11:12:26,720 here is we're going to we upload our ads 17351 11:12:24,200 --> 11:12:28,116 to the ad Library just for organization 17352 11:12:26,720 --> 11:12:30,080 and this campaign is always just going 17353 11:12:28,116 --> 11:12:33,040 to be off we then put them in the 17354 11:12:30,080 --> 11:12:34,800 testing campaign PPE low budget see 17355 11:12:33,040 --> 11:12:36,880 which ads are getting the most likes 17356 11:12:34,800 --> 11:12:38,720 comments shares and we're doing that 17357 11:12:36,880 --> 11:12:41,000 under this engagement or that 17358 11:12:38,720 --> 11:12:42,960 optimization because uh we're able to 17359 11:12:41,000 --> 11:12:44,480 get a bunch of those really cheap and 17360 11:12:42,960 --> 11:12:47,320 then if a post is getting a lot of 17361 11:12:44,480 --> 11:12:49,480 Engagement more than likely going to 17362 11:12:47,320 --> 11:12:51,720 perform far better in conversion 17363 11:12:49,480 --> 11:12:53,520 campaigns because our leading signs of 17364 11:12:51,720 --> 11:12:54,960 success with an ad is the amount of 17365 11:12:53,520 --> 11:12:56,560 Engagement that it's getting because of 17366 11:12:54,960 --> 11:12:59,040 reasons we've talked about like when an 17367 11:12:56,560 --> 11:13:01,436 ad gets a lot of Engagement it's then 17368 11:12:59,040 --> 11:13:03,360 rewarded with lower cpms people start 17369 11:13:01,436 --> 11:13:05,880 tagging their friends which that's free 17370 11:13:03,360 --> 11:13:08,040 reach and it just compounds very quickly 17371 11:13:05,880 --> 11:13:09,880 contrasting that with an ad that gets no 17372 11:13:08,040 --> 11:13:12,080 engagement nobody's liking commenting 17373 11:13:09,880 --> 11:13:14,596 and sharing don't even waste your time 17374 11:13:12,080 --> 11:13:15,880 putting it into a conversion ad don't 17375 11:13:14,596 --> 11:13:17,360 don't waste your time or more 17376 11:13:15,880 --> 11:13:19,116 importantly don't waste your money 17377 11:13:17,360 --> 11:13:21,116 putting it into a conversion campaign 17378 11:13:19,116 --> 11:13:23,480 cuz it's more than likely not going to 17379 11:13:21,116 --> 11:13:25,276 go well and yeah you can you can end up 17380 11:13:23,480 --> 11:13:27,596 saving yourself a lot of money and AD 17381 11:13:25,276 --> 11:13:29,400 spent what I used to do is anytime I 17382 11:13:27,596 --> 11:13:32,360 would come up with new ads I would come 17383 11:13:29,400 --> 11:13:34,276 up here create a new campaign throw all 17384 11:13:32,360 --> 11:13:36,960 the new ads in the campaign test out a 17385 11:13:34,276 --> 11:13:39,720 bunch of different audiences and set it 17386 11:13:36,960 --> 11:13:41,436 to a similar budget to everything else 17387 11:13:39,720 --> 11:13:44,040 that was going in the ad account which 17388 11:13:41,436 --> 11:13:46,520 ended up just blowing a ton of money now 17389 11:13:44,040 --> 11:13:49,880 doing it this way we we are allocating 17390 11:13:46,520 --> 11:13:53,680 about 5 to 10% of our budget for testing 17391 11:13:49,880 --> 11:13:56,436 like 70% for cold and then the remainder 17392 11:13:53,680 --> 11:13:59,360 for our retargeting audiences uh and our 17393 11:13:56,436 --> 11:14:02,160 Target like row as or metrics for each 17394 11:13:59,360 --> 11:14:05,160 of these uh is cold we want it to be 17395 11:14:02,160 --> 11:14:07,320 around a 2 to a 2.5 and then warm hot 17396 11:14:05,160 --> 11:14:09,680 and and existing we want that to be a 17397 11:14:07,320 --> 11:14:11,960 three four or five row as and that 17398 11:14:09,680 --> 11:14:14,000 really helps bring up our account 17399 11:14:11,960 --> 11:14:15,640 performance overall even though it's a 17400 11:14:14,000 --> 11:14:17,720 much lower percentage of spend it's such 17401 11:14:15,640 --> 11:14:19,320 a high row as typically that you know it 17402 11:14:17,720 --> 11:14:21,916 brings up the account in a meaningful 17403 11:14:19,320 --> 11:14:24,116 way and each of these ads are going to 17404 11:14:21,916 --> 11:14:25,756 look different than the previous section 17405 11:14:24,116 --> 11:14:28,360 so like the cold traffic ads people have 17406 11:14:25,756 --> 11:14:29,680 never seen us before we're going to talk 17407 11:14:28,360 --> 11:14:30,680 to them differently we're going to 17408 11:14:29,680 --> 11:14:33,160 address the fact that they've never 17409 11:14:30,680 --> 11:14:35,480 heard of us before so we might show them 17410 11:14:33,160 --> 11:14:37,640 offers that uh we only show to new 17411 11:14:35,480 --> 11:14:39,916 customers like uh new customer discount 17412 11:14:37,640 --> 11:14:42,276 deals new customer BOGO stuff like that 17413 11:14:39,916 --> 11:14:44,720 whereas people that have seen us before 17414 11:14:42,276 --> 11:14:46,160 or even abandoned cart we know that they 17415 11:14:44,720 --> 11:14:47,840 already Know About Us they've already 17416 11:14:46,160 --> 11:14:50,040 seen like our initial new customer 17417 11:14:47,840 --> 11:14:52,040 offers they've expressed interest in the 17418 11:14:50,040 --> 11:14:54,436 product just for whatever reason they 17419 11:14:52,040 --> 11:14:56,400 abandon cart and decide not to buy which 17420 11:14:54,436 --> 11:14:58,160 doesn't matter what your product is the 17421 11:14:56,400 --> 11:14:59,480 customer reasons for not buying normally 17422 11:14:58,160 --> 11:15:01,720 come down to pretty much the same 17423 11:14:59,480 --> 11:15:04,400 categories and that is either the price 17424 11:15:01,720 --> 11:15:07,240 sensitivity that trust like not enough 17425 11:15:04,400 --> 11:15:08,800 social proof three speed so they weren't 17426 11:15:07,240 --> 11:15:11,436 sure like how fast they would get the 17427 11:15:08,800 --> 11:15:14,640 product they just weren't convinced of 17428 11:15:11,436 --> 11:15:16,640 like the product overall and ways we can 17429 11:15:14,640 --> 11:15:18,200 like counteract that is by getting back 17430 11:15:16,640 --> 11:15:19,720 in front of them with like hey here's a 17431 11:15:18,200 --> 11:15:21,916 free shipping offer if you check out in 17432 11:15:19,720 --> 11:15:24,520 the next 24 hours here's an additional 17433 11:15:21,916 --> 11:15:26,596 coupon here's more social proof from 17434 11:15:24,520 --> 11:15:29,200 customers that sort of thing and back to 17435 11:15:26,596 --> 11:15:32,116 the brick and mortar example or metaphor 17436 11:15:29,200 --> 11:15:33,840 it's like thinking of it I know it can 17437 11:15:32,116 --> 11:15:34,840 get confusing as we like get into ad 17438 11:15:33,840 --> 11:15:36,240 accounts and like there's lots of 17439 11:15:34,840 --> 11:15:38,400 buttons to be clicking but always just 17440 11:15:36,240 --> 11:15:40,400 bring it back to picture your a physical 17441 11:15:38,400 --> 11:15:41,720 store what would you say to somebody 17442 11:15:40,400 --> 11:15:44,080 who's never heard of your business 17443 11:15:41,720 --> 11:15:45,240 before okay that's one group then what 17444 11:15:44,080 --> 11:15:47,240 would you say to somebody who who came 17445 11:15:45,240 --> 11:15:48,880 into your store and then picked up some 17446 11:15:47,240 --> 11:15:50,400 products played with it expressed some 17447 11:15:48,880 --> 11:15:51,916 interest but then for whatever reason 17448 11:15:50,400 --> 11:15:53,640 left what would you run out the store 17449 11:15:51,916 --> 11:15:56,360 and tell that person to get them to come 17450 11:15:53,640 --> 11:15:58,800 back in and buy it that's the kind of 17451 11:15:56,360 --> 11:16:00,596 concept and then existing so people that 17452 11:15:58,800 --> 11:16:02,116 have already bought from you what would 17453 11:16:00,596 --> 11:16:03,680 you say to them to get them to come back 17454 11:16:02,116 --> 11:16:05,596 into the store so that's how we 17455 11:16:03,680 --> 11:16:08,200 structure our Facebook ad account to 17456 11:16:05,596 --> 11:16:10,800 keep things nice and organized and 17457 11:16:08,200 --> 11:16:14,480 targeted to specific groups of customers 17458 11:16:10,800 --> 11:16:17,520 and also establishing our Bullpen of ads 17459 11:16:14,480 --> 11:16:20,800 that we're testing so that whenever one 17460 11:16:17,520 --> 11:16:22,720 of our uh main campaigns performance 17461 11:16:20,800 --> 11:16:24,840 starts to waver a little bit we always 17462 11:16:22,720 --> 11:16:27,436 have new ads that are tested and proven 17463 11:16:24,840 --> 11:16:29,860 at a low budget that we're able to have 17464 11:16:27,436 --> 11:16:38,350 step up and get into the 17465 11:16:29,860 --> 11:16:38,350 [Music] 17466 11:16:41,040 --> 11:16:45,596 game in this lesson we're going to be 17467 11:16:43,400 --> 11:16:48,436 creating our very first ads and 17468 11:16:45,596 --> 11:16:49,960 uploading them to the ad Library so like 17469 11:16:48,436 --> 11:16:51,916 we talked about in previous lessons 17470 11:16:49,960 --> 11:16:53,720 we're not just going to be creating ads 17471 11:16:51,916 --> 11:16:55,400 and throwing them right into campaigns 17472 11:16:53,720 --> 11:16:58,200 to keep things nice and organized we're 17473 11:16:55,400 --> 11:16:59,560 going to upload them into our ad library 17474 11:16:58,200 --> 11:17:02,756 and then we're going to grab the page 17475 11:16:59,560 --> 11:17:05,756 post and copy the page post into our 17476 11:17:02,756 --> 11:17:06,916 testing campaigns first so in this video 17477 11:17:05,756 --> 11:17:08,880 we're going to be creating a couple of 17478 11:17:06,916 --> 11:17:11,800 different ads starting with the most 17479 11:17:08,880 --> 11:17:14,880 basic static image ad then we'll do a 17480 11:17:11,800 --> 11:17:16,596 slideshow and a carousel ad as well then 17481 11:17:14,880 --> 11:17:19,680 then later on we're going to be setting 17482 11:17:16,596 --> 11:17:22,200 up our uh catalog ads and dynamic 17483 11:17:19,680 --> 11:17:27,080 product ads but for now let's jump into 17484 11:17:22,200 --> 11:17:29,596 our ad account and so I still have our 17485 11:17:27,080 --> 11:17:31,596 uh the campaigns set up from yesterday 17486 11:17:29,596 --> 11:17:33,200 let's go ahead and publish that it might 17487 11:17:31,596 --> 11:17:35,200 throw an error because there's nothing 17488 11:17:33,200 --> 11:17:38,040 in 17489 11:17:35,200 --> 11:17:40,200 it oh 17490 11:17:38,040 --> 11:17:43,916 right so I don't need all these 17491 11:17:40,200 --> 11:17:43,916 duplicates yet 17492 11:17:46,080 --> 11:17:50,360 actually to be extremely 17493 11:17:51,560 --> 11:17:59,956 safe I'm just going to 17494 11:17:55,360 --> 11:18:02,956 do this for now okay so starting in our 17495 11:17:59,956 --> 11:18:07,840 ad Library going to 17496 11:18:02,956 --> 11:18:11,480 go here and we have to switch the 17497 11:18:07,840 --> 11:18:14,240 conversion goal for ad Library even 17498 11:18:11,480 --> 11:18:17,000 though we're not um we're not ever 17499 11:18:14,240 --> 11:18:17,000 actually going to run 17500 11:18:22,116 --> 11:18:25,436 it there we 17501 11:18:25,560 --> 11:18:32,000 go so name 17502 11:18:27,800 --> 11:18:32,000 this add 17503 11:18:34,756 --> 11:18:45,080 Library all right now name it add number 17504 11:18:40,756 --> 11:18:45,080 one click edit 17505 11:18:47,276 --> 11:18:51,320 partnership ad you never have to touch 17506 11:18:48,956 --> 11:18:54,596 that scroll down so look you can see 17507 11:18:51,320 --> 11:18:56,320 that it defaulted to Carousel ad and it 17508 11:18:54,596 --> 11:19:00,880 automatically is pulling in some 17509 11:18:56,320 --> 11:19:00,880 products from our site which is pretty 17510 11:19:01,000 --> 11:19:05,916 cool but for this ad I'm just going to 17511 11:19:04,116 --> 11:19:08,560 do very 17512 11:19:05,916 --> 11:19:11,560 basic 17513 11:19:08,560 --> 11:19:14,080 uh uh static image static image just 17514 11:19:11,560 --> 11:19:18,520 means it's a unmoving image like it 17515 11:19:14,080 --> 11:19:18,520 doesn't swap out or change it at any 17516 11:19:34,640 --> 11:19:39,400 point oh so it was doing that because we 17517 11:19:37,276 --> 11:19:42,200 have the catalog turned on for the ad 17518 11:19:39,400 --> 11:19:44,916 Library which we do not want so you see 17519 11:19:42,200 --> 11:19:46,720 how when I had the catalog turned on it 17520 11:19:44,916 --> 11:19:48,276 was 17521 11:19:46,720 --> 11:19:52,560 automatically 17522 11:19:48,276 --> 11:19:52,560 uh it was automatically filling 17523 11:19:53,240 --> 11:19:58,436 in filling in our products okay so just 17524 11:19:56,320 --> 11:20:02,240 changing this 17525 11:19:58,436 --> 11:20:05,116 back good all right add 17526 11:20:02,240 --> 11:20:09,596 one so I select the Facebook 17527 11:20:05,116 --> 11:20:13,116 page uh click create ad manual 17528 11:20:09,596 --> 11:20:13,116 upload single 17529 11:20:13,640 --> 11:20:20,640 image multi- Advertiser ads we can just 17530 11:20:16,240 --> 11:20:20,640 leave that on I'm going to upload 17531 11:20:22,320 --> 11:20:28,400 media so I have my example ads here uh 17532 11:20:26,756 --> 11:20:30,000 it's all the same design right now cuz 17533 11:20:28,400 --> 11:20:31,436 that's the only one that we've put on 17534 11:20:30,000 --> 11:20:35,680 the mockups just for the sake of this 17535 11:20:31,436 --> 11:20:37,116 demo um we Meg is working on making the 17536 11:20:35,680 --> 11:20:40,400 rest of the mockups for all the other 17537 11:20:37,116 --> 11:20:43,276 products but for now we're just going to 17538 11:20:40,400 --> 11:20:44,596 use the same so just keep in mind that 17539 11:20:43,276 --> 11:20:48,916 you should be doing this with different 17540 11:20:44,596 --> 11:20:51,800 products not not the exact same one 17541 11:20:48,916 --> 11:20:53,880 so what we have here is Facebook is 17542 11:20:51,800 --> 11:20:57,360 trying to give us options for ways that 17543 11:20:53,880 --> 11:21:00,240 we can optimize the post which is okay 17544 11:20:57,360 --> 11:21:00,240 it seems like a 17545 11:21:01,240 --> 11:21:05,840 good good idea we can leave most of 17546 11:21:03,800 --> 11:21:08,240 these on but I'll show you what that 17547 11:21:05,840 --> 11:21:10,596 could potentially mess up we'll see if 17548 11:21:08,240 --> 11:21:12,040 it does or not it's it just sometimes 17549 11:21:10,596 --> 11:21:15,840 makes the page 17550 11:21:12,040 --> 11:21:18,916 post uh ID something we're not able 17551 11:21:15,840 --> 11:21:21,240 to uh like copy and share across 17552 11:21:18,916 --> 11:21:23,400 multiple campaigns which as remember 17553 11:21:21,240 --> 11:21:25,720 from previous lessons I talked about how 17554 11:21:23,400 --> 11:21:27,560 important it is to be able to use the 17555 11:21:25,720 --> 11:21:29,040 exact same ad across all your campaigns 17556 11:21:27,560 --> 11:21:33,040 so we build up that 17557 11:21:29,040 --> 11:21:36,240 engagement all right so for our ad copy 17558 11:21:33,040 --> 11:21:38,800 you can use one of the templates uh in 17559 11:21:36,240 --> 11:21:41,640 the uh like template ad 17560 11:21:38,800 --> 11:21:46,240 copies from the Google 17561 11:21:41,640 --> 11:21:50,640 Doc but I'm just going to do 17562 11:21:46,240 --> 11:21:50,640 um new 17563 11:21:51,200 --> 11:21:58,040 spring collection 17564 11:21:54,360 --> 11:21:58,040 launch and then a 17565 11:21:59,360 --> 11:22:04,360 flower thank you Facebook 17566 11:22:05,480 --> 11:22:12,000 flower save up to 30 17567 11:22:26,436 --> 11:22:32,160 5% shop 17568 11:22:28,640 --> 11:22:32,160 now then an 17569 11:22:33,480 --> 11:22:38,276 arrow I'll do this 17570 11:22:36,200 --> 11:22:39,596 Arrow I don't know why it's not doing 17571 11:22:38,276 --> 11:22:42,756 the arrow for some 17572 11:22:39,596 --> 11:22:46,360 reason and then 17573 11:22:42,756 --> 11:22:48,880 seasonal collections . Co back SL 17574 11:22:46,360 --> 11:22:53,480 collections back 17575 11:22:48,880 --> 11:22:53,480 SL uh spring which 17576 11:22:55,800 --> 11:23:01,880 actually let's make sure that 17577 11:22:59,560 --> 11:23:04,080 we let's make sure that we actually have 17578 11:23:01,880 --> 11:23:04,080 that 17579 11:23:05,480 --> 11:23:09,880 collection I don't think we do so we're 17580 11:23:07,880 --> 11:23:16,240 going to go to collections no I didn't 17581 11:23:09,880 --> 11:23:16,240 make that yet so create spring 17582 11:23:22,756 --> 11:23:31,040 here we go automated product tag product 17583 11:23:27,640 --> 11:23:31,040 type is equal to 17584 11:23:31,840 --> 11:23:38,360 t-shirt 17585 11:23:34,840 --> 11:23:41,680 save there we go okay now see how the 17586 11:23:38,360 --> 11:23:46,160 URL here is pretty long and it gets cut 17587 11:23:41,680 --> 11:23:49,200 off uh we're going to shorten that 17588 11:23:46,160 --> 11:23:51,436 by oh I don't want it to have the flower 17589 11:23:49,200 --> 11:23:51,436 in 17590 11:23:56,040 --> 11:24:00,360 the 17591 11:23:57,916 --> 11:24:03,400 save all right so this is the URL for 17592 11:24:00,360 --> 11:24:03,400 that collection that we just 17593 11:24:05,840 --> 11:24:09,360 made just going to view it now we're 17594 11:24:07,916 --> 11:24:12,956 going to make a shortened version of 17595 11:24:09,360 --> 11:24:12,956 that URL 17596 11:24:14,520 --> 11:24:19,080 by going to online store navigation view 17597 11:24:17,840 --> 11:24:23,720 URL 17598 11:24:19,080 --> 11:24:26,720 redirects create redirect 17599 11:24:23,720 --> 11:24:26,720 from 17600 11:24:29,360 --> 11:24:35,756 um backspring redirects 17601 11:24:33,000 --> 11:24:39,680 to 17602 11:24:35,756 --> 11:24:45,480 collections there we go so now if we go 17603 11:24:39,680 --> 11:24:48,520 to seasonal collections. cspring 17604 11:24:45,480 --> 11:24:52,720 it takes us to that collection page even 17605 11:24:48,520 --> 11:24:55,000 though that was uh a much longer even 17606 11:24:52,720 --> 11:24:57,596 though it wasn't the correct URL it now 17607 11:24:55,000 --> 11:25:01,240 will automatically redirect people which 17608 11:24:57,596 --> 11:25:02,720 means that now we can use that in our ad 17609 11:25:01,240 --> 11:25:04,680 which hopefully that's short enough to 17610 11:25:02,720 --> 11:25:06,880 make it show up yep 17611 11:25:04,680 --> 11:25:09,916 perfect so it's really important that we 17612 11:25:06,880 --> 11:25:11,360 didn't we didn't want that to be see how 17613 11:25:09,916 --> 11:25:12,956 with the word collections in there it 17614 11:25:11,360 --> 11:25:14,756 gets cut off then people have to click 17615 11:25:12,956 --> 11:25:16,360 the C more button 17616 11:25:14,756 --> 11:25:20,560 we really don't want that to happen so 17617 11:25:16,360 --> 11:25:24,596 we shortened it now it can just be 17618 11:25:20,560 --> 11:25:24,596 spring and it shows up just 17619 11:25:24,956 --> 11:25:28,160 fine all 17620 11:25:28,880 --> 11:25:35,480 right 17621 11:25:30,596 --> 11:25:35,480 then spring t-shirt 17622 11:25:35,560 --> 11:25:38,840 sale and a 17623 11:25:39,436 --> 11:25:45,276 shirt nice okay decided to do it that 17624 11:25:42,116 --> 11:25:47,000 time link description 17625 11:25:45,276 --> 11:25:49,840 uh we have there's templates on there 17626 11:25:47,000 --> 11:25:52,840 but on the in the Google Doc but what we 17627 11:25:49,840 --> 11:25:54,000 really just want to be doing is uh or 17628 11:25:52,840 --> 11:25:55,596 the the main goal of the link 17629 11:25:54,000 --> 11:25:57,840 description is showing something or 17630 11:25:55,596 --> 11:26:00,400 saying something that's going to build 17631 11:25:57,840 --> 11:26:02,000 trust or lay like one of the main pain 17632 11:26:00,400 --> 11:26:05,480 points we've been talking so much about 17633 11:26:02,000 --> 11:26:07,640 so um like either customer reviews would 17634 11:26:05,480 --> 11:26:10,080 be great a product feature money back 17635 11:26:07,640 --> 11:26:16,240 guarantee stuff like that one that I've 17636 11:26:10,080 --> 11:26:16,240 been liking using is using the the Apple 17637 11:26:16,480 --> 11:26:21,360 line made with now it doesn't want to 17638 11:26:19,480 --> 11:26:24,240 show up if you're on Mac normally if you 17639 11:26:21,360 --> 11:26:26,200 hit control command space it pops up the 17640 11:26:24,240 --> 11:26:28,560 Emoji option but it's just not doing 17641 11:26:26,200 --> 11:26:28,560 that right 17642 11:26:33,916 --> 11:26:38,080 now yeah no idea why it's doing 17643 11:26:43,160 --> 11:26:54,000 that where's the us there we 17644 11:26:47,080 --> 11:26:57,400 go so command X made with love 17645 11:26:54,000 --> 11:26:59,400 in which we we're going to expand into 17646 11:26:57,400 --> 11:27:00,916 International eventually so I'm not 17647 11:26:59,400 --> 11:27:03,800 going to say made in cuz our 17648 11:27:00,916 --> 11:27:05,116 International orders will be made at 17649 11:27:03,800 --> 11:27:08,320 different 17650 11:27:05,116 --> 11:27:13,116 printers I'm going to say designed with 17651 11:27:08,320 --> 11:27:16,116 love in there we go for some reason now 17652 11:27:13,116 --> 11:27:16,116 this switched 17653 11:27:20,000 --> 11:27:22,360 there we 17654 11:27:22,916 --> 11:27:28,160 go okay this normally shows up here but 17655 11:27:25,400 --> 11:27:30,276 it's not right now it's fine it'll show 17656 11:27:28,160 --> 11:27:33,276 up in some 17657 11:27:30,276 --> 11:27:33,276 placements 17658 11:27:35,916 --> 11:27:44,840 then our website 17659 11:27:39,200 --> 11:27:47,116 URL seasonal collections. ccol ctions 17660 11:27:44,840 --> 11:27:47,116 back 17661 11:27:47,400 --> 11:27:53,160 slpr and down here I use the correct URL 17662 11:27:51,116 --> 11:27:57,000 because sometimes Facebook checks that 17663 11:27:53,160 --> 11:28:00,160 and they don't really like URL 17664 11:27:57,000 --> 11:28:02,800 redirects so just in a abundance of 17665 11:28:00,160 --> 11:28:05,956 caution I use the exact URL including 17666 11:28:02,800 --> 11:28:08,240 the https and everything then display 17667 11:28:05,956 --> 11:28:13,080 link that's what's going to show up here 17668 11:28:08,240 --> 11:28:13,080 I like doing just rewriting it 17669 11:28:18,720 --> 11:28:24,956 okay it shrunk it down automatically for 17670 11:28:22,480 --> 11:28:26,956 me then tracking we have our pixel 17671 11:28:24,956 --> 11:28:29,720 turned on that's 17672 11:28:26,956 --> 11:28:35,160 good then info labels this is another 17673 11:28:29,720 --> 11:28:38,040 thing that um it could mess up we'll see 17674 11:28:35,160 --> 11:28:38,040 manually add a 17675 11:28:39,756 --> 11:28:44,596 code interesting this is new 17676 11:28:45,000 --> 11:28:47,480 new 17677 11:28:51,560 --> 11:28:57,160 50 or is it highlighting 17678 11:28:54,240 --> 11:29:01,000 it I don't know 17679 11:28:57,160 --> 11:29:02,956 okay so yeah there there's the The Bare 17680 11:29:01,000 --> 11:29:05,720 Bones Advanced 17681 11:29:02,956 --> 11:29:07,320 preview so this is a cool view where it 17682 11:29:05,720 --> 11:29:08,916 shows you what your ad's going to look 17683 11:29:07,320 --> 11:29:10,720 like on all these different placements 17684 11:29:08,916 --> 11:29:14,560 you 17685 11:29:10,720 --> 11:29:17,560 know or not or they'll just all disa 17686 11:29:14,560 --> 11:29:17,560 appear 17687 11:29:18,200 --> 11:29:24,160 okay your ad won't deliver to 20 17688 11:29:21,040 --> 11:29:28,040 placements love to find out why that is 17689 11:29:24,160 --> 11:29:28,040 ADD promo codes to be highlighted 17690 11:29:28,596 --> 11:29:35,000 oh turn that 17691 11:29:31,116 --> 11:29:35,000 off okay that's 17692 11:29:37,360 --> 11:29:41,840 why all right so yeah again here's where 17693 11:29:40,480 --> 11:29:42,916 it's showing you what your ad's going to 17694 11:29:41,840 --> 11:29:45,000 look like in all these different 17695 11:29:42,916 --> 11:29:46,840 placements which is pretty cool you 17696 11:29:45,000 --> 11:29:50,000 don't really have to look at this that 17697 11:29:46,840 --> 11:29:53,360 much it's just interesting to see 17698 11:29:50,000 --> 11:29:55,520 um but looking at our actual ad Meg did 17699 11:29:53,360 --> 11:29:58,880 a great job with this mockup because one 17700 11:29:55,520 --> 11:30:01,200 it pops I like our logo cuz that pops as 17701 11:29:58,880 --> 11:30:03,916 well 17702 11:30:01,200 --> 11:30:06,596 and uh a subtle thing that she did 17703 11:30:03,916 --> 11:30:08,040 extremely well which I noticed this and 17704 11:30:06,596 --> 11:30:10,560 thought it was by accident and then I 17705 11:30:08,040 --> 11:30:13,116 told told her about it and she's like I 17706 11:30:10,560 --> 11:30:15,480 told her about it like I found it and 17707 11:30:13,116 --> 11:30:18,360 then she's like yeah that on purpose but 17708 11:30:15,480 --> 11:30:21,560 it's this red flower down here like out 17709 11:30:18,360 --> 11:30:23,756 of this whole thing two things pop out a 17710 11:30:21,560 --> 11:30:26,720 the design number 17711 11:30:23,756 --> 11:30:29,320 one it just does whenever I do these 17712 11:30:26,720 --> 11:30:32,080 hand motions it likes doing 17713 11:30:29,320 --> 11:30:34,320 that uh the design number one which is 17714 11:30:32,080 --> 11:30:36,436 what we want and then this flower down 17715 11:30:34,320 --> 11:30:39,640 here cuz it's red and what's the flower 17716 11:30:36,436 --> 11:30:42,080 right next to the shop now button which 17717 11:30:39,640 --> 11:30:45,200 is the call to action so your eye goes 17718 11:30:42,080 --> 11:30:47,756 here then it goes there and then your 17719 11:30:45,200 --> 11:30:49,720 your eye is right next to the shop now 17720 11:30:47,756 --> 11:30:51,276 button so I have a feeling we're going 17721 11:30:49,720 --> 11:30:53,276 to have really good clickthrough rates 17722 11:30:51,276 --> 11:30:55,200 this mockup looks great be sure to 17723 11:30:53,276 --> 11:30:58,320 rewatch her tutorial on how she set it 17724 11:30:55,200 --> 11:31:01,956 up so yours looks list good but there's 17725 11:30:58,320 --> 11:31:05,200 our very our basic ad 17726 11:31:01,956 --> 11:31:06,840 um and again this ad copy is something 17727 11:31:05,200 --> 11:31:09,640 that we've tested and 17728 11:31:06,840 --> 11:31:11,080 proven uh like I've split tested it a 17729 11:31:09,640 --> 11:31:14,040 lot so you 17730 11:31:11,080 --> 11:31:16,400 can now not everybody should copy it cuz 17731 11:31:14,040 --> 11:31:19,000 then we're going to all be looking like 17732 11:31:16,400 --> 11:31:21,320 duplicates of each other but you get the 17733 11:31:19,000 --> 11:31:25,160 point so now what we're going to do is 17734 11:31:21,320 --> 11:31:29,040 here I'll just label this 17735 11:31:25,160 --> 11:31:29,040 as slideshow 17736 11:31:33,520 --> 11:31:39,720 ad and I should explain what I did but 17737 11:31:37,480 --> 11:31:41,880 so I'm not publishing it yet because I'm 17738 11:31:39,720 --> 11:31:45,080 about to make another ad and the way to 17739 11:31:41,880 --> 11:31:47,560 do that so you can either click that and 17740 11:31:45,080 --> 11:31:51,276 hit duplicate or you can do quick 17741 11:31:47,560 --> 11:31:55,800 duplicate or you can hit duplicate here 17742 11:31:51,276 --> 11:31:59,116 and choosing original campaign yes and 17743 11:31:55,800 --> 11:32:01,360 I'm only making actually let's do two 17744 11:31:59,116 --> 11:32:04,480 additional so we're going to make two 17745 11:32:01,360 --> 11:32:07,080 two more so the second one is going to 17746 11:32:04,480 --> 11:32:07,080 be our 17747 11:32:09,000 --> 11:32:12,000 slideshow 17748 11:32:12,080 --> 11:32:19,480 and this third one is going to be our 17749 11:32:16,800 --> 11:32:21,240 Carousel so since we just duplicated it 17750 11:32:19,480 --> 11:32:24,720 it left everything exactly the same 17751 11:32:21,240 --> 11:32:26,116 which is makes it really easy and but 17752 11:32:24,720 --> 11:32:28,080 now we're going to make a slideshow 17753 11:32:26,116 --> 11:32:29,880 video where it's going to cycle through 17754 11:32:28,080 --> 11:32:33,436 each of our products so I'm going to 17755 11:32:29,880 --> 11:32:33,436 click turn into 17756 11:32:34,436 --> 11:32:39,916 video and 17757 11:32:37,116 --> 11:32:43,080 then add one oh I have to upload the 17758 11:32:39,916 --> 11:32:43,080 other ones 17759 11:32:46,116 --> 11:32:50,320 and just to reiterate again I'm just 17760 11:32:48,436 --> 11:32:51,640 doing this with the same exact design 17761 11:32:50,320 --> 11:32:53,640 because it's all that we have finished 17762 11:32:51,640 --> 11:32:57,000 right now just for the sake of this 17763 11:32:53,640 --> 11:33:00,160 tutorial for yours you should be using 17764 11:32:57,000 --> 11:33:02,320 up to 10 of your like favorite or best 17765 11:33:00,160 --> 11:33:04,400 looking products don't just use the 17766 11:33:02,320 --> 11:33:07,956 exact same 17767 11:33:04,400 --> 11:33:09,680 design so they give you a swipe option 17768 11:33:07,956 --> 11:33:10,720 which this is a different I've never 17769 11:33:09,680 --> 11:33:13,720 actually tried that that'd be 17770 11:33:10,720 --> 11:33:13,720 interesting 17771 11:33:14,000 --> 11:33:17,916 frame and image I haven't tried any of 17772 11:33:16,956 --> 11:33:20,916 these 17773 11:33:17,916 --> 11:33:24,080 actually new open hours they still have 17774 11:33:20,916 --> 11:33:28,916 some uh like features in Facebook that 17775 11:33:24,080 --> 11:33:31,720 are back from Co like show off that like 17776 11:33:28,916 --> 11:33:34,200 you're sanitized and stuff like that but 17777 11:33:31,720 --> 11:33:37,240 anyway so we're going to choose the 17778 11:33:34,200 --> 11:33:39,560 slideshow scene transitions so right now 17779 11:33:37,240 --> 11:33:41,956 it just swaps it just jumps from one to 17780 11:33:39,560 --> 11:33:44,040 the next which looks cool because it's 17781 11:33:41,956 --> 11:33:46,560 the exact same mockup and and then it's 17782 11:33:44,040 --> 11:33:48,520 just the T-shirt changing and the design 17783 11:33:46,560 --> 11:33:50,800 is staying the same in this case in 17784 11:33:48,520 --> 11:33:52,880 yours it looks really cool uh when you 17785 11:33:50,800 --> 11:33:55,040 have multiple designs finished because 17786 11:33:52,880 --> 11:33:57,200 it will transition between them but 17787 11:33:55,040 --> 11:33:59,800 we're going to do the fade 17788 11:33:57,200 --> 11:34:02,276 effect which in my opinion looks even 17789 11:33:59,800 --> 11:34:05,400 cooler and we're just going to do 1 17790 11:34:02,276 --> 11:34:08,756 second per scene and I've tested this it 17791 11:34:05,400 --> 11:34:11,276 seems really fast like just doing a 17792 11:34:08,756 --> 11:34:14,680 second per 17793 11:34:11,276 --> 11:34:16,800 scene but 1 second forms better than 2 17794 11:34:14,680 --> 11:34:18,880 seconds even though I was getting people 17795 11:34:16,800 --> 11:34:21,080 commenting on our ads saying this is 17796 11:34:18,880 --> 11:34:23,840 going too way too 17797 11:34:21,080 --> 11:34:25,720 quick something about it that made that 17798 11:34:23,840 --> 11:34:28,116 convert better so always just go with 17799 11:34:25,720 --> 11:34:30,480 one second is what I've found obviously 17800 11:34:28,116 --> 11:34:34,276 run your own test if you want to 17801 11:34:30,480 --> 11:34:36,200 but one second performs better my theory 17802 11:34:34,276 --> 11:34:37,756 on it is that maybe it's like makes 17803 11:34:36,200 --> 11:34:40,720 people go back and watch it a second 17804 11:34:37,756 --> 11:34:42,596 time something like that but I don't 17805 11:34:40,720 --> 11:34:44,880 know for whatever reason it it performs 17806 11:34:42,596 --> 11:34:46,840 well and it also gets people commenting 17807 11:34:44,880 --> 11:34:50,640 and when they comment Facebook loves 17808 11:34:46,840 --> 11:34:55,840 that all right so now it's uh turning 17809 11:34:50,640 --> 11:34:58,200 our images into slideshow video takes uh 17810 11:34:55,840 --> 11:35:00,276 anywhere from 30 seconds to 2 minutes 17811 11:34:58,200 --> 11:35:03,040 according to Facebook sometimes it takes 17812 11:35:00,276 --> 11:35:04,640 longer and sometimes it fails entirely 17813 11:35:03,040 --> 11:35:06,720 if that happens just refresh your 17814 11:35:04,640 --> 11:35:09,916 browser publish what you already have 17815 11:35:06,720 --> 11:35:13,720 and then come back and make it again but 17816 11:35:09,916 --> 11:35:13,720 all right while that's happening 17817 11:35:15,040 --> 11:35:20,040 why is it doing this it shouldn't be 17818 11:35:17,320 --> 11:35:22,320 taking up both ads switching to a 17819 11:35:20,040 --> 11:35:22,320 different 17820 11:35:29,040 --> 11:35:35,080 ad oh you can just ignore all these 17821 11:35:32,680 --> 11:35:36,880 popups and stuff that Facebook is 17822 11:35:35,080 --> 11:35:40,520 constantly throwing at 17823 11:35:36,880 --> 11:35:44,520 you prime example of it 17824 11:35:40,520 --> 11:35:46,520 taking taking longer than 30 seconds to 17825 11:35:44,520 --> 11:35:48,640 two 17826 11:35:46,520 --> 11:35:50,436 minutes another alternative if this 17827 11:35:48,640 --> 11:35:52,560 doesn't work for you for some reason is 17828 11:35:50,436 --> 11:35:55,560 we can easily make this kind of video in 17829 11:35:52,560 --> 11:35:58,000 canva I just like showing it in Facebook 17830 11:35:55,560 --> 11:36:00,956 cuz it's makes it super easy when it 17831 11:35:58,000 --> 11:36:03,320 works and it's attainable by anybody 17832 11:36:00,956 --> 11:36:05,240 it's one of something that kind of 17833 11:36:03,320 --> 11:36:07,160 shocks a lot of people is they ask like 17834 11:36:05,240 --> 11:36:08,520 what we do for our because we've run so 17835 11:36:07,160 --> 11:36:10,756 many ads like what do you do for your ad 17836 11:36:08,520 --> 11:36:13,880 creative and I'm like honestly since 17837 11:36:10,756 --> 11:36:16,840 we're such a low ticket product and our 17838 11:36:13,880 --> 11:36:19,436 products are designed to be catching and 17839 11:36:16,840 --> 11:36:22,116 uh like scroll stopping just like the 17840 11:36:19,436 --> 11:36:24,880 nature of design creation for t-shirts 17841 11:36:22,116 --> 11:36:28,756 is like that a really good product also 17842 11:36:24,880 --> 11:36:30,680 makes a really good ad creative and on 17843 11:36:28,756 --> 11:36:33,840 top of that Facebook gives us all these 17844 11:36:30,680 --> 11:36:37,360 different types of like ad Styles like 17845 11:36:33,840 --> 11:36:38,756 slideshows carousels uh the swipe thing 17846 11:36:37,360 --> 11:36:41,040 like some that I haven't even tried 17847 11:36:38,756 --> 11:36:43,200 before uh that you can do right in here 17848 11:36:41,040 --> 11:36:45,160 so you're able to take like 10 pictures 17849 11:36:43,200 --> 11:36:50,200 of just just different products and turn 17850 11:36:45,160 --> 11:36:53,240 it into like I don't know 75 to 17851 11:36:50,200 --> 11:36:54,756 100 different uh like ad creatives like 17852 11:36:53,240 --> 11:36:56,756 if you think of all the different 17853 11:36:54,756 --> 11:36:59,640 combinations the ones we end up using 17854 11:36:56,756 --> 11:37:03,360 the most are slideshow Carousel static 17855 11:36:59,640 --> 11:37:05,560 image and dynamic product catalog all 17856 11:37:03,360 --> 11:37:07,116 right I'm installing as long as I can 17857 11:37:05,560 --> 11:37:09,436 and it's still not I'm going to give it 17858 11:37:07,116 --> 11:37:14,000 a refresh let's see if that messes it 17859 11:37:09,436 --> 11:37:17,000 up uh yep it did all right so let's try 17860 11:37:14,000 --> 11:37:17,000 this one more 17861 11:37:18,756 --> 11:37:24,160 time so instead of just doing turn into 17862 11:37:21,596 --> 11:37:26,956 a video I'm just going to do remove 17863 11:37:24,160 --> 11:37:26,956 going to do add 17864 11:37:33,240 --> 11:37:37,956 video okay that doesn't work 17865 11:37:46,680 --> 11:37:50,800 there we go so it found the video from 17866 11:37:48,320 --> 11:37:53,800 before just going to do 17867 11:37:50,800 --> 11:37:53,800 original 17868 11:38:00,080 --> 11:38:04,956 done there we go all right so now we can 17869 11:38:02,560 --> 11:38:04,956 see the 17870 11:38:07,160 --> 11:38:13,080 ad see how cool that is and how much it 17871 11:38:09,840 --> 11:38:15,360 pops out such a basic ad but it looks 17872 11:38:13,080 --> 11:38:17,680 great like the combination of the logo 17873 11:38:15,360 --> 11:38:20,320 brings a nice little pop of color of 17874 11:38:17,680 --> 11:38:22,520 flower and the Emoji the Emojis down 17875 11:38:20,320 --> 11:38:25,756 here then the red flower then obviously 17876 11:38:22,520 --> 11:38:28,640 the design looks great like I know I 17877 11:38:25,756 --> 11:38:30,916 made it but I would click on this ad and 17878 11:38:28,640 --> 11:38:33,640 it was so simple to make like you 17879 11:38:30,916 --> 11:38:35,480 saw like I I know it feels more 17880 11:38:33,640 --> 11:38:37,520 complicated if you're new to using the 17881 11:38:35,480 --> 11:38:39,720 ads manager but trust me like once you 17882 11:38:37,520 --> 11:38:42,000 get the hang of just where to click and 17883 11:38:39,720 --> 11:38:44,720 that sort of thing it becomes pretty 17884 11:38:42,000 --> 11:38:47,080 easy all right last ad that we're going 17885 11:38:44,720 --> 11:38:48,320 to be making in our ad library right now 17886 11:38:47,080 --> 11:38:50,400 is our 17887 11:38:48,320 --> 11:38:54,720 Carousel Carousel and the reason we're 17888 11:38:50,400 --> 11:38:54,720 doing this is just to give again more 17889 11:38:55,116 --> 11:38:58,840 variety so we're going to 17890 11:39:11,880 --> 11:39:16,000 use try the L this 17891 11:39:16,436 --> 11:39:22,160 time and then I'm going to add card you 17892 11:39:19,756 --> 11:39:25,080 can add cards from previous ads to make 17893 11:39:22,160 --> 11:39:27,400 it even easier if you've made slideshow 17894 11:39:25,080 --> 11:39:27,400 ads 17895 11:39:32,000 --> 11:39:35,640 before just going to add a 17896 11:39:37,320 --> 11:39:43,080 bunch here we go so I made all the cards 17897 11:39:40,880 --> 11:39:44,400 and now you can change the headlines of 17898 11:39:43,080 --> 11:39:49,080 each these I'm just going to use the 17899 11:39:44,400 --> 11:39:51,276 same headline for each cuz uh but you 17900 11:39:49,080 --> 11:39:53,800 can also like make it a different value 17901 11:39:51,276 --> 11:39:54,800 prop for each one like you could say on 17902 11:39:53,800 --> 11:39:57,596 one 17903 11:39:54,800 --> 11:39:59,916 headline 30-day money back guarantee on 17904 11:39:57,596 --> 11:40:01,720 a second headline like the number of 17905 11:39:59,916 --> 11:40:05,520 shirts you've sold like number of 17906 11:40:01,720 --> 11:40:05,520 customer reviews that sort of 17907 11:40:06,160 --> 11:40:12,520 thing but there you go so we just added 17908 11:40:10,000 --> 11:40:14,640 cards for each now this is what it'll 17909 11:40:12,520 --> 11:40:16,956 look like on in Instagram you people 17910 11:40:14,640 --> 11:40:19,040 will be able to swap through or just 17911 11:40:16,956 --> 11:40:21,240 click through your 17912 11:40:19,040 --> 11:40:23,436 products like that a little bit more 17913 11:40:21,240 --> 11:40:26,200 interactive it's 17914 11:40:23,436 --> 11:40:28,880 cool some people like that more than 17915 11:40:26,200 --> 11:40:32,000 just the plain image ads and um they'll 17916 11:40:28,880 --> 11:40:34,360 like it more than the slideshow 17917 11:40:32,000 --> 11:40:36,640 video and it's also just so that when 17918 11:40:34,360 --> 11:40:37,880 people are getting hit with your ads 17919 11:40:36,640 --> 11:40:39,880 they don't feel like they're just seeing 17920 11:40:37,880 --> 11:40:42,160 the same thing over and over again like 17921 11:40:39,880 --> 11:40:43,560 if you think of a really good brand a 17922 11:40:42,160 --> 11:40:45,436 really good who has really good 17923 11:40:43,560 --> 11:40:48,480 marketing they have a really 17924 11:40:45,436 --> 11:40:51,080 diverse uh ad catalog like it's not 17925 11:40:48,480 --> 11:40:55,200 you're not just seeing the same thing 17926 11:40:51,080 --> 11:40:55,200 repeatedly okay so all these look 17927 11:40:56,720 --> 11:41:02,520 good now we're going to hit publish 17928 11:40:59,436 --> 11:41:02,520 let's see if it gives us any 17929 11:41:08,360 --> 11:41:13,596 errors so it's going to go into 17930 11:41:10,596 --> 11:41:13,596 processing 17931 11:41:14,200 --> 11:41:19,956 and what I want to see what I was 17932 11:41:16,480 --> 11:41:23,000 talking about before is um 17933 11:41:19,956 --> 11:41:25,756 if the ad ID is going to 17934 11:41:23,000 --> 11:41:27,680 be good or not because we left on those 17935 11:41:25,756 --> 11:41:29,720 enhancements and the way that the ad ID 17936 11:41:27,680 --> 11:41:33,320 works is that if you have an ad that is 17937 11:41:29,720 --> 11:41:35,200 static meaning it doesn't change um like 17938 11:41:33,320 --> 11:41:38,520 you haven't selected any of the dynamic 17939 11:41:35,200 --> 11:41:40,040 elements like the info labels or the 17940 11:41:38,520 --> 11:41:44,000 different enhancements that it's able to 17941 11:41:40,040 --> 11:41:44,000 do then 17942 11:41:44,596 --> 11:41:53,276 one one error not 17943 11:41:49,040 --> 11:41:53,276 bad missing AIT okay that's 17944 11:41:53,320 --> 11:41:58,596 fine 17945 11:41:55,480 --> 11:42:00,720 um anyway if you put like a lot of the 17946 11:41:58,596 --> 11:42:03,080 enhancements or like it's a dynamic ad 17947 11:42:00,720 --> 11:42:05,680 then there won't be a page post ID that 17948 11:42:03,080 --> 11:42:07,200 we're able to grab because it's changing 17949 11:42:05,680 --> 11:42:09,520 for like every placement literally for 17950 11:42:07,200 --> 11:42:10,916 every user could possibly be seeing a 17951 11:42:09,520 --> 11:42:12,916 different ad so they don't let you build 17952 11:42:10,916 --> 11:42:14,840 up engagement on those because it would 17953 11:42:12,916 --> 11:42:17,200 be kind of like a 17954 11:42:14,840 --> 11:42:19,200 false uh like false social proof all 17955 11:42:17,200 --> 11:42:22,956 right so this first one is in review so 17956 11:42:19,200 --> 11:42:25,200 let's go to preview share Facebook post 17957 11:42:22,956 --> 11:42:25,200 with 17958 11:42:31,596 --> 11:42:36,320 comments and yeah I think this one's 17959 11:42:34,116 --> 11:42:39,040 good so here's our ad this is what it 17960 11:42:36,320 --> 11:42:41,480 looks like on just desktop on mobile it 17961 11:42:39,040 --> 11:42:44,080 looks a lot better cuz it's condensed 17962 11:42:41,480 --> 11:42:47,800 but up here in the URL 17963 11:42:44,080 --> 11:42:50,800 is this here is the post ID so 17964 11:42:47,800 --> 11:42:54,880 everything from PF 17965 11:42:50,800 --> 11:42:58,756 ID all the way to this Amper sand at the 17966 11:42:54,880 --> 11:43:01,756 end that's and ID equals that's 17967 11:42:58,756 --> 11:43:04,596 something different we just want to copy 17968 11:43:01,756 --> 11:43:08,000 that this entire piece so I highlight it 17969 11:43:04,596 --> 11:43:10,800 select uh command C and now just to show 17970 11:43:08,000 --> 11:43:13,720 you how this works if I were to 17971 11:43:10,800 --> 11:43:17,560 duplicate 17972 11:43:13,720 --> 11:43:17,560 and then say use an existing 17973 11:43:17,956 --> 11:43:23,596 post so see how it's empty right now if 17974 11:43:20,520 --> 11:43:27,640 I just enter post ID and enter that it's 17975 11:43:23,596 --> 11:43:31,720 going to find that ad see that it's 17976 11:43:27,640 --> 11:43:33,916 pretty cool so now I can I just did this 17977 11:43:31,720 --> 11:43:36,400 right next to it in the ad Library 17978 11:43:33,916 --> 11:43:40,080 campaign I wouldn't actually do that but 17979 11:43:36,400 --> 11:43:43,160 now we have our ads three ads nice and 17980 11:43:40,080 --> 11:43:46,720 organized in our ad library and what 17981 11:43:43,160 --> 11:43:49,520 going to do is I paste the post ID and 17982 11:43:46,720 --> 11:43:52,240 review and publish 17983 11:43:49,520 --> 11:43:53,640 it and it updates it to what the actual 17984 11:43:52,240 --> 11:43:56,040 ID 17985 11:43:53,640 --> 11:43:57,400 was so I'm not sure why they don't just 17986 11:43:56,040 --> 11:44:00,000 give you that number they used to do 17987 11:43:57,400 --> 11:44:04,680 that but now this ID we can 17988 11:44:00,000 --> 11:44:06,916 post uh anywhere like in any AD campaign 17989 11:44:04,680 --> 11:44:06,916 and 17990 11:44:10,880 --> 11:44:15,640 it'll yeah found it I'm just going to 17991 11:44:13,756 --> 11:44:18,956 discard 17992 11:44:15,640 --> 11:44:21,360 this there we go so now we have our ads 17993 11:44:18,956 --> 11:44:23,800 set up in our ad Library if you're doing 17994 11:44:21,360 --> 11:44:27,596 this following along you should build at 17995 11:44:23,800 --> 11:44:30,520 least 20 to 30 ads just using the same 17996 11:44:27,596 --> 11:44:32,800 exact ad copy same everything mostly 17997 11:44:30,520 --> 11:44:34,560 static image ads and one just to get 17998 11:44:32,800 --> 11:44:36,480 some repetitions under your belt to get 17999 11:44:34,560 --> 11:44:38,956 experience with it but also so we have 18000 11:44:36,480 --> 11:44:41,880 more ammunition for when we go to put 18001 11:44:38,956 --> 11:44:43,040 them into our testing campaigns which 18002 11:44:41,880 --> 11:44:44,620 that's what we're going to do next 18003 11:44:43,040 --> 11:44:53,110 thanks for watching and I'll see you 18004 11:44:44,620 --> 11:44:53,110 [Music] 18005 11:44:55,840 --> 11:45:00,400 soon in this lesson we're going to be 18006 11:44:57,756 --> 11:45:02,916 seeing how we can quickly add a bunch of 18007 11:45:00,400 --> 11:45:05,640 new ads to the ad Library without taking 18008 11:45:02,916 --> 11:45:08,400 up an hour plus of our time and I wasn't 18009 11:45:05,640 --> 11:45:11,276 originally planning on doing this video 18010 11:45:08,400 --> 11:45:14,596 but after I filmed yesterday I told Meg 18011 11:45:11,276 --> 11:45:16,956 how I did all the ad examples just using 18012 11:45:14,596 --> 11:45:18,916 the same design and different colors she 18013 11:45:16,956 --> 11:45:21,240 was like why the heck did you do that I 18014 11:45:18,916 --> 11:45:23,320 gave you a bunch of ads and I'm like 18015 11:45:21,240 --> 11:45:26,880 well that's just cuz I'm an idiot so 18016 11:45:23,320 --> 11:45:30,000 good news is now we get a bonus video 18017 11:45:26,880 --> 11:45:32,160 so all that we're going to be doing is 18018 11:45:30,000 --> 11:45:33,640 making a bunch of static image ads we're 18019 11:45:32,160 --> 11:45:38,756 not going to mess around with slideshows 18020 11:45:33,640 --> 11:45:38,756 or anything I'm actually going to rename 18021 11:45:38,916 --> 11:45:44,596 these because they're the ones I'm 18022 11:45:41,080 --> 11:45:44,596 adding are already 18023 11:45:45,560 --> 11:45:51,560 are already 18024 11:45:46,916 --> 11:45:54,276 numbered there we go cool so we have 18025 11:45:51,560 --> 11:45:56,080 these ads here that we keep nice and 18026 11:45:54,276 --> 11:45:58,880 organized or she keeps nice and 18027 11:45:56,080 --> 11:46:00,840 organized in Google Drive and I just 18028 11:45:58,880 --> 11:46:04,080 download each of them they're all just 18029 11:46:00,840 --> 11:46:05,916 numbered 1 through 14 keep things nice 18030 11:46:04,080 --> 11:46:08,880 and easy and now the way that we're 18031 11:46:05,916 --> 11:46:10,480 going to do this quickly rather than how 18032 11:46:08,880 --> 11:46:13,276 we had to set up each one individually 18033 11:46:10,480 --> 11:46:14,840 is just remember the duplicate button 18034 11:46:13,276 --> 11:46:18,520 I'm going to do I'm going to do them in 18035 11:46:14,840 --> 11:46:21,320 two batches do seven and seven so like I 18036 11:46:18,520 --> 11:46:24,040 said to try and avoid getting banned 18037 11:46:21,320 --> 11:46:26,480 don't want to just bu create a ton 18038 11:46:24,040 --> 11:46:27,680 there's no exact number to it but 18039 11:46:26,480 --> 11:46:29,800 whatever you're feeling type of thing if 18040 11:46:27,680 --> 11:46:31,956 you're feeling feeling risky then go for 18041 11:46:29,800 --> 11:46:33,956 it but all right so I created the seven 18042 11:46:31,956 --> 11:46:37,956 duplicates first thing I'm going to do 18043 11:46:33,956 --> 11:46:39,520 in bulk is rename them so 18044 11:46:37,956 --> 11:46:44,160 name 18045 11:46:39,520 --> 11:46:44,160 and just going to 18046 11:46:47,400 --> 11:46:52,200 delete that part and then I'll just 18047 11:46:49,596 --> 11:46:52,200 delete all of 18048 11:46:53,520 --> 11:46:56,840 it add 18049 11:47:09,400 --> 11:47:17,276 two add eight cool all right and now 18050 11:47:16,276 --> 11:47:20,880 click 18051 11:47:17,276 --> 11:47:25,240 edit let's see if this works edit each 18052 11:47:20,880 --> 11:47:28,200 ad yes nice all right 18053 11:47:25,240 --> 11:47:31,160 upload 18054 11:47:28,200 --> 11:47:34,160 desktop uh SC 18055 11:47:31,160 --> 11:47:34,160 ads 18056 11:47:35,880 --> 11:47:40,080 doing I'll upload all of them 18057 11:47:40,116 --> 11:47:44,680 but and the way I did that the way I 18058 11:47:42,276 --> 11:47:47,080 selected all the designs if you didn't 18059 11:47:44,680 --> 11:47:49,520 catch that it's just you click one and 18060 11:47:47,080 --> 11:47:51,800 then you shift click it doesn't work in 18061 11:47:49,520 --> 11:47:54,720 Facebook but on your desktop you just 18062 11:47:51,800 --> 11:47:57,160 click and then shift click and it it 18063 11:47:54,720 --> 11:47:59,040 uh yeah it selects all them in between 18064 11:47:57,160 --> 11:48:02,880 all right so now we have the ads over 18065 11:47:59,040 --> 11:48:05,320 here on the left just choose what image 18066 11:48:02,880 --> 11:48:07,956 I want for each it's why it's easy if 18067 11:48:05,320 --> 11:48:10,680 you name them you number them and you 18068 11:48:07,956 --> 11:48:12,916 number the files it keeps it organized 18069 11:48:10,680 --> 11:48:16,436 so where's three I don't want this three 18070 11:48:12,916 --> 11:48:16,436 there we go 18071 11:48:18,320 --> 11:48:24,480 four five you you would think it would 18072 11:48:21,200 --> 11:48:24,480 just go in order 18073 11:48:26,596 --> 11:48:32,200 six no there we 18074 11:48:29,200 --> 11:48:32,200 go 18075 11:48:33,800 --> 11:48:39,480 seven nice and eight 18076 11:48:46,080 --> 11:48:51,276 cool and that that's pretty much it see 18077 11:48:49,840 --> 11:48:53,000 so it just swapped out each of the 18078 11:48:51,276 --> 11:48:56,520 images I should have just done all of 18079 11:48:53,000 --> 11:48:59,520 them at once but now I'm just going to 18080 11:48:56,520 --> 11:49:01,916 hit publish and then once it goes into a 18081 11:48:59,520 --> 11:49:05,200 review I'm going to go grab each of the 18082 11:49:01,916 --> 11:49:05,200 page posts 18083 11:49:14,320 --> 11:49:20,680 publishing okay so they finished 18084 11:49:16,916 --> 11:49:23,436 publishing they're in processing 18085 11:49:20,680 --> 11:49:26,480 now I think we had an error from one of 18086 11:49:23,436 --> 11:49:28,436 the retargeting ads we 18087 11:49:26,480 --> 11:49:30,800 did which depending on when you're 18088 11:49:28,436 --> 11:49:32,956 watching where you are in the course you 18089 11:49:30,800 --> 11:49:35,436 may may or may not have set those 18090 11:49:32,956 --> 11:49:38,116 up yet kind of jumping around a little 18091 11:49:35,436 --> 11:49:40,840 bit all right so while that's happening 18092 11:49:38,116 --> 11:49:43,000 I'm going to go repeat the same 18093 11:49:40,840 --> 11:49:45,916 process and to quickly select s and 18094 11:49:43,000 --> 11:49:51,680 deselect you can just use that up there 18095 11:49:45,916 --> 11:49:53,360 but so duplicate do another seven and 18096 11:49:51,680 --> 11:49:54,436 I'm just choosing original campaign 18097 11:49:53,360 --> 11:49:57,200 because I want it to go in the ad 18098 11:49:54,436 --> 11:49:59,000 Library show existing reactions comments 18099 11:49:57,200 --> 11:50:02,240 and shares this won't actually do 18100 11:49:59,000 --> 11:50:03,756 anything because I'm changing the ad but 18101 11:50:02,240 --> 11:50:06,360 the reason they put this is if I was 18102 11:50:03,756 --> 11:50:08,320 like going to duplicate this ad to a 18103 11:50:06,360 --> 11:50:12,520 different campaign I would definitely 18104 11:50:08,320 --> 11:50:12,520 want it to keep the engagement 18105 11:50:12,800 --> 11:50:17,680 cool so we're going to rename them 18106 11:50:15,160 --> 11:50:20,680 again by doing 18107 11:50:17,680 --> 11:50:20,680 this 18108 11:50:26,400 --> 11:50:30,800 and so eight 18109 11:50:47,520 --> 11:50:50,680 save the 18110 11:50:48,640 --> 11:50:51,956 draft then we're going to do the exact 18111 11:50:50,680 --> 11:50:55,596 same 18112 11:50:51,956 --> 11:50:57,880 thing scroll down here to edit each 18113 11:50:55,596 --> 11:51:01,480 ad add 18114 11:50:57,880 --> 11:51:01,480 eight I just did that 18115 11:51:02,916 --> 11:51:09,756 one I already did I did eight twice 18116 11:51:05,560 --> 11:51:09,756 whoops oh well 18117 11:51:14,240 --> 11:51:21,160 you can say that was a planned lesson in 18118 11:51:16,880 --> 11:51:24,560 not taking your ad account too 18119 11:51:21,160 --> 11:51:27,276 seriously I think this one's going to do 18120 11:51:24,560 --> 11:51:31,320 well 18121 11:51:27,276 --> 11:51:31,320 14 there we go 18122 11:51:31,480 --> 11:51:35,640 continue let's see if these are so I 18123 11:51:33,756 --> 11:51:37,956 don't want to hit publish yet because I 18124 11:51:35,640 --> 11:51:40,040 want to make sure that these get out of 18125 11:51:37,956 --> 11:51:42,276 review which are still in 18126 11:51:40,040 --> 11:51:44,520 processing and I'm doing that wow that 18127 11:51:42,276 --> 11:51:44,520 was 18128 11:51:46,436 --> 11:51:52,640 fast so it jumps right 18129 11:51:49,240 --> 11:51:53,436 to campaign off which means that they 18130 11:51:52,640 --> 11:51:55,916 got 18131 11:51:53,436 --> 11:51:58,640 approved that's 18132 11:51:55,916 --> 11:52:02,956 great I'm still going to wait a minute 18133 11:51:58,640 --> 11:52:02,956 just to be safe and because I have to 18134 11:52:03,160 --> 11:52:09,520 do I have to do this stuff 18135 11:52:06,800 --> 11:52:11,680 anyway and this stuff being getting the 18136 11:52:09,520 --> 11:52:15,116 page post so we get the page post so 18137 11:52:11,680 --> 11:52:18,040 that we can easily copy ads between 18138 11:52:15,116 --> 11:52:21,360 campaigns that's this up 18139 11:52:18,040 --> 11:52:21,360 here in the 18140 11:52:27,200 --> 11:52:33,720 URL this 18141 11:52:30,320 --> 11:52:36,276 one Draft 18142 11:52:33,720 --> 11:52:38,480 preview and I know this is a repetitive 18143 11:52:36,276 --> 11:52:40,840 process but I want to show all of it 18144 11:52:38,480 --> 11:52:43,560 because one this course is already 18145 11:52:40,840 --> 11:52:47,320 extremely long so why not but but also 18146 11:52:43,560 --> 11:52:49,276 to give an idea of like the kind of kind 18147 11:52:47,320 --> 11:52:51,840 of cadence you can 18148 11:52:49,276 --> 11:52:53,436 expect I whenever I was like going 18149 11:52:51,840 --> 11:52:54,880 through courses and stuff I always got 18150 11:52:53,436 --> 11:52:56,680 confused when somebody would just 18151 11:52:54,880 --> 11:52:58,520 explain something and then they would 18152 11:52:56,680 --> 11:53:00,160 move on to the next topic and then when 18153 11:52:58,520 --> 11:53:02,756 I sit down to do that thing it would 18154 11:53:00,160 --> 11:53:05,000 take me like 10 hours I'm like they 18155 11:53:02,756 --> 11:53:06,560 explain this in 5 minutes but it's 18156 11:53:05,000 --> 11:53:08,240 taking me 10 hours like am I doing 18157 11:53:06,560 --> 11:53:10,320 something wrong I felt like if they had 18158 11:53:08,240 --> 11:53:14,200 showed like what the process actually 18159 11:53:10,320 --> 11:53:16,680 looks like then maybe I would have you 18160 11:53:14,200 --> 11:53:18,956 know understood it better that's why I'm 18161 11:53:16,680 --> 11:53:20,520 showing like this process does take time 18162 11:53:18,956 --> 11:53:23,320 setting up the ad library and like 18163 11:53:20,520 --> 11:53:25,560 building out all your ads and that's to 18164 11:53:23,320 --> 11:53:25,560 be 18165 11:53:28,360 --> 11:53:35,040 expected and not everybody who runs ads 18166 11:53:32,040 --> 11:53:38,240 like will take the time to number them 18167 11:53:35,040 --> 11:53:41,160 and grab the page post ID beforehand 18168 11:53:38,240 --> 11:53:43,720 like I certainly didn't used to 18169 11:53:41,160 --> 11:53:45,560 but um 18170 11:53:43,720 --> 11:53:48,040 just doing this kind of stuff up front 18171 11:53:45,560 --> 11:53:50,800 keeps it organized and makes my life 18172 11:53:48,040 --> 11:53:50,800 easy so I like 18173 11:53:52,360 --> 11:53:57,080 it preview share Facebook post with 18174 11:54:02,840 --> 11:54:07,400 comments nice and then when we publish 18175 11:54:05,956 --> 11:54:12,880 each of these are going to 18176 11:54:07,400 --> 11:54:12,880 become uh like just plain numbers 18177 11:54:13,640 --> 11:54:19,116 let's just make sure everything's the 18178 11:54:15,800 --> 11:54:22,640 only thing that's still in review is 18179 11:54:19,116 --> 11:54:25,000 this see what this is why is this in 18180 11:54:22,640 --> 11:54:29,436 review 18181 11:54:25,000 --> 11:54:29,436 preview forget something we saved your 18182 11:54:34,360 --> 11:54:41,080 cart not sure why that's stuck in review 18183 11:54:37,596 --> 11:54:41,080 that should be 18184 11:54:46,560 --> 11:54:51,160 they both use the same ad copy Facebook 18185 11:54:48,840 --> 11:54:53,560 used to be sensitive 18186 11:54:51,160 --> 11:54:56,720 about you like addressing people 18187 11:54:53,560 --> 11:54:59,880 directly in ads like saying you I don't 18188 11:54:56,720 --> 11:55:03,160 know if that's going on but anyway for 18189 11:54:59,880 --> 11:55:05,756 for now I'm going to hold off on hold 18190 11:55:03,160 --> 11:55:07,400 off on publishing more it's not a good 18191 11:55:05,756 --> 11:55:09,640 idea to publish anything while you have 18192 11:55:07,400 --> 11:55:11,276 something in review but anyways there we 18193 11:55:09,640 --> 11:55:13,040 go so we just created a bunch of ads in 18194 11:55:11,276 --> 11:55:17,840 the ad library next thing I'm going to 18195 11:55:13,040 --> 11:55:21,680 do once these uh get approved I'm going 18196 11:55:17,840 --> 11:55:24,880 to uh copy them over to the pp 18197 11:55:21,680 --> 11:55:27,800 campaign um and the way you do that for 18198 11:55:24,880 --> 11:55:30,400 a refresher is just pretty simple you 18199 11:55:27,800 --> 11:55:31,916 just select the ads that you want so 18200 11:55:30,400 --> 11:55:35,080 I'll and I'll 18201 11:55:31,916 --> 11:55:37,436 do uh I forget what I said before but 18202 11:55:35,080 --> 11:55:40,480 anywhere like up to 10 I think is a a 18203 11:55:37,436 --> 11:55:42,436 fine number for like a $5 $10 a day 18204 11:55:40,480 --> 11:55:45,276 budget so we're really just trying to 18205 11:55:42,436 --> 11:55:48,320 find a few standout ads but I would just 18206 11:55:45,276 --> 11:55:50,360 select the ones that I want duplicate 18207 11:55:48,320 --> 11:55:55,240 existing 18208 11:55:50,360 --> 11:55:58,756 campaign choose our testing PPE campaign 18209 11:55:55,240 --> 11:55:58,756 and then I'm going to create a new 18210 11:56:01,596 --> 11:56:06,400 adet headset 18211 11:56:04,276 --> 11:56:08,596 two duplicate I'm not going to do it 18212 11:56:06,400 --> 11:56:10,800 right now but that's basically what I 18213 11:56:08,596 --> 11:56:12,800 would do and I would set it for5 to $10 18214 11:56:10,800 --> 11:56:17,800 a day budget and then I would would let 18215 11:56:12,800 --> 11:56:17,800 it run for I don't know like a couple of 18216 11:56:17,956 --> 11:56:22,160 days uh and then I would take whatever 18217 11:56:20,480 --> 11:56:23,400 the winners are whichever ones are 18218 11:56:22,160 --> 11:56:25,320 getting the most likes comments and 18219 11:56:23,400 --> 11:56:28,160 shares assuming that there is a winner 18220 11:56:25,320 --> 11:56:31,840 and I'll graduate it to our conversion 18221 11:56:28,160 --> 11:56:34,116 campaign so anyways there you have it 18222 11:56:31,840 --> 11:56:36,480 that's how to bulk add a bunch of 18223 11:56:34,116 --> 11:56:41,400 designs or ads to your ad 18224 11:56:36,480 --> 11:56:41,400 Library nice on to the next one 18225 11:56:41,620 --> 11:56:52,560 [Music] 18226 11:56:50,916 --> 11:56:54,956 in this lesson we're going to be taking 18227 11:56:52,560 --> 11:56:57,160 ads that we created in our ad library 18228 11:56:54,956 --> 11:56:59,400 and graduating them quote unquote 18229 11:56:57,160 --> 11:57:02,956 graduating them putting them in the game 18230 11:56:59,400 --> 11:57:05,480 and testing them out in a PPE optimized 18231 11:57:02,956 --> 11:57:08,240 Campaign which is PPE stands for page 18232 11:57:05,480 --> 11:57:09,680 post engagement and if you watch the 18233 11:57:08,240 --> 11:57:11,640 previous lessons you know that we're 18234 11:57:09,680 --> 11:57:13,840 using this for our testing rather than 18235 11:57:11,640 --> 11:57:15,640 conversion optimization because 18236 11:57:13,840 --> 11:57:18,880 conversion optimization is just a lot 18237 11:57:15,640 --> 11:57:21,520 more expensive PPE is a lot more 18238 11:57:18,880 --> 11:57:22,840 costeffective way to not get purchases 18239 11:57:21,520 --> 11:57:24,956 that's not our goal right out of the 18240 11:57:22,840 --> 11:57:28,160 gate our goal is to just test our 18241 11:57:24,956 --> 11:57:30,276 different creative and see which ads are 18242 11:57:28,160 --> 11:57:33,040 the top performers which one should we 18243 11:57:30,276 --> 11:57:34,880 actually graduate this is back to the 18244 11:57:33,040 --> 11:57:37,360 baseball analogy this is like our 18245 11:57:34,880 --> 11:57:40,080 Bullpen of new ads that we're trying to 18246 11:57:37,360 --> 11:57:43,480 test out with as low budgets as possible 18247 11:57:40,080 --> 11:57:45,520 and so we have our PP warm up campaign 18248 11:57:43,480 --> 11:57:47,040 that is just for warming up our account 18249 11:57:45,520 --> 11:57:49,200 that I'm just going to leave going to 18250 11:57:47,040 --> 11:57:50,400 let that continue running but the 18251 11:57:49,200 --> 11:57:55,040 campaign we're actually going to be 18252 11:57:50,400 --> 11:57:56,756 using is our testing zore testing PPE 18253 11:57:55,040 --> 11:57:58,916 just going to make sure that this is 18254 11:57:56,756 --> 11:58:01,916 optimized yep it's optimize for 18255 11:57:58,916 --> 11:58:01,916 engagement 18256 11:58:02,916 --> 11:58:09,800 cool and now what I'm going to do is go 18257 11:58:05,640 --> 11:58:11,720 from go to our ad library and since I 18258 11:58:09,800 --> 11:58:13,360 recorded the last video These two have 18259 11:58:11,720 --> 11:58:16,240 got a approved so I'm going to grab 18260 11:58:13,360 --> 11:58:16,240 their page post 18261 11:58:30,240 --> 11:58:37,436 ID I just I'm clicking it going preview 18262 11:58:34,840 --> 11:58:39,756 share Facebook post with 18263 11:58:37,436 --> 11:58:42,480 comments this one's a video so they have 18264 11:58:39,756 --> 11:58:44,956 slightly different IDs let's see if this 18265 11:58:42,480 --> 11:58:44,956 is the right 18266 11:58:49,320 --> 11:58:54,840 one yeah we'll find out in a second but 18267 11:58:52,276 --> 11:58:58,320 so the way that we're actually let's 18268 11:58:54,840 --> 11:58:58,320 just publish them and find 18269 11:59:01,276 --> 11:59:07,276 out cool looks like we're good so now 18270 11:59:04,276 --> 11:59:07,276 what we're going to do 18271 11:59:08,560 --> 11:59:14,640 is just go like this duplicate 18272 11:59:13,400 --> 11:59:16,360 actually I'm going to wait for this to 18273 11:59:14,640 --> 11:59:18,436 finish 18274 11:59:16,360 --> 11:59:20,240 processing it shouldn't really take that 18275 11:59:18,436 --> 11:59:24,480 long because all that it's doing is 18276 11:59:20,240 --> 11:59:27,360 updating the name there we go 18277 11:59:24,480 --> 11:59:28,800 duplicate and we're not going to do the 18278 11:59:27,360 --> 11:59:30,640 original campaign because that would be 18279 11:59:28,800 --> 11:59:32,080 the ad library but we are going to do an 18280 11:59:30,640 --> 11:59:35,080 existing 18281 11:59:32,080 --> 11:59:40,840 campaign let's backspace this and do 18282 11:59:35,080 --> 11:59:40,840 testing PPE existing ad set 18283 11:59:51,080 --> 11:59:55,436 if we go look at the campaign first I'm 18284 11:59:53,956 --> 11:59:58,116 going to double check the settings at 18285 11:59:55,436 --> 11:59:58,116 the ad set 18286 11:59:59,520 --> 12:00:03,680 level yeah and it's a good thing I 18287 12:00:09,680 --> 12:00:17,560 did what is 18288 12:00:13,360 --> 12:00:17,560 this get people to engage with your 18289 12:00:17,840 --> 12:00:27,880 brand oh yeah nope not doing this all 18290 12:00:22,560 --> 12:00:27,880 right we're going to do a doover discard 18291 12:00:28,320 --> 12:00:32,840 that I don't know what that objective 18292 12:00:30,520 --> 12:00:36,840 was but that's why we always check as we 18293 12:00:32,840 --> 12:00:39,320 go go through each step all right so I'm 18294 12:00:36,840 --> 12:00:42,596 back in the ad Library 18295 12:00:39,320 --> 12:00:45,560 duplicate our ads that I want to test 18296 12:00:42,596 --> 12:00:47,640 doing an existing 18297 12:00:45,560 --> 12:00:52,880 campaign do 18298 12:00:47,640 --> 12:00:52,880 testing not an existing adset 18299 12:01:16,080 --> 12:01:21,200 edit okay conversion 18300 12:01:18,916 --> 12:01:25,480 goal on your 18301 12:01:21,200 --> 12:01:27,000 ad video views post 18302 12:01:25,480 --> 12:01:31,116 engagements 18303 12:01:27,000 --> 12:01:31,116 yeah there we go is that so 18304 12:01:38,040 --> 12:01:44,160 hard and now rather than just leave it 18305 12:01:41,436 --> 12:01:47,520 at the copied 18306 12:01:44,160 --> 12:01:47,520 ad what's the 18307 12:01:48,800 --> 12:01:55,116 error yeah okay so we're going to grab 18308 12:01:52,240 --> 12:01:55,116 the page post 18309 12:01:56,040 --> 12:02:02,560 ID and paste 18310 12:01:58,840 --> 12:02:06,720 it there we go then just to keep things 18311 12:02:02,560 --> 12:02:09,360 organized I going to delete the word 18312 12:02:06,720 --> 12:02:12,360 copy at the end then I'm going to go 18313 12:02:09,360 --> 12:02:16,040 over to slideshow 18314 12:02:12,360 --> 12:02:16,040 add and do the exact same 18315 12:02:18,240 --> 12:02:22,880 thing there we go and last but not 18316 12:02:39,680 --> 12:02:46,000 least oh interesting can't do Carousel 18317 12:02:43,080 --> 12:02:47,240 ad place or ad types for page post 18318 12:02:46,000 --> 12:02:50,276 engagement 18319 12:02:47,240 --> 12:02:52,400 anymore wonder why that 18320 12:02:50,276 --> 12:02:54,360 is all right well I'm just going to 18321 12:02:52,400 --> 12:02:57,200 delete that 18322 12:02:54,360 --> 12:02:59,756 one so we have two ads that we're 18323 12:02:57,200 --> 12:03:03,520 testing in this example what you should 18324 12:02:59,756 --> 12:03:06,840 actually have is have made 20 to 30 ads 18325 12:03:03,520 --> 12:03:10,116 in your ad Library using your best 18326 12:03:06,840 --> 12:03:11,916 images of your best looking products uh 18327 12:03:10,116 --> 12:03:14,640 with pretty much the same ad copy 18328 12:03:11,916 --> 12:03:15,956 assuming that you're using appy from one 18329 12:03:14,640 --> 12:03:17,840 of the templates we gave you and you're 18330 12:03:15,956 --> 12:03:19,560 not just coming up with your own stuff 18331 12:03:17,840 --> 12:03:22,116 or you're looking at your competition 18332 12:03:19,560 --> 12:03:26,000 and doing something similar to what they 18333 12:03:22,116 --> 12:03:27,840 have but once you have that you're going 18334 12:03:26,000 --> 12:03:31,480 to do the process that we just did with 18335 12:03:27,840 --> 12:03:33,640 the three ads well now two um you're 18336 12:03:31,480 --> 12:03:37,080 going to do that process but you're 18337 12:03:33,640 --> 12:03:39,360 going to leave you're going to split it 18338 12:03:37,080 --> 12:03:40,436 up split them up into different ad sets 18339 12:03:39,360 --> 12:03:44,360 cuz like we were talking about with the 18340 12:03:40,436 --> 12:03:47,000 budgets a $5 budget like tiny but this 18341 12:03:44,360 --> 12:03:50,480 is enough for PPE to 18342 12:03:47,000 --> 12:03:54,240 test I don't know it I would say 18343 12:03:50,480 --> 12:03:56,520 like up to like 10 ads maybe if you're 18344 12:03:54,240 --> 12:03:58,520 letting it run for like a week There's 18345 12:03:56,520 --> 12:04:00,160 no people always look for like magic 18346 12:03:58,520 --> 12:04:02,880 numbers of like how much do I need to 18347 12:04:00,160 --> 12:04:04,480 spend before I like for testing like I 18348 12:04:02,880 --> 12:04:08,320 don't know it depends on your situation 18349 12:04:04,480 --> 12:04:11,360 for me I'm fine doing like $5 daily5 $10 18350 12:04:08,320 --> 12:04:13,756 daily Budget on five ads but to be like 18351 12:04:11,360 --> 12:04:19,040 the most most conservative I would go is 18352 12:04:13,756 --> 12:04:21,040 10 ads in a PPE testing ad set and a $5 18353 12:04:19,040 --> 12:04:23,956 budget but you're going to be testing 18354 12:04:21,040 --> 12:04:26,320 like 20 to 30 ads so you're going to 18355 12:04:23,956 --> 12:04:29,480 just duplicate each of 18356 12:04:26,320 --> 12:04:33,240 these or you would first you would just 18357 12:04:29,480 --> 12:04:33,240 grab grab the 10 that you 18358 12:04:33,800 --> 12:04:37,640 want remember how I said that Facebook 18359 12:04:36,360 --> 12:04:39,596 does this weird thing that when 18360 12:04:37,640 --> 12:04:42,840 something is in draft it shows it in 18361 12:04:39,596 --> 12:04:45,240 every campaign super annoying but so say 18362 12:04:42,840 --> 12:04:48,400 that these were my first 10 ads copy 18363 12:04:45,240 --> 12:04:51,436 them to uh a new ad set in the testing 18364 12:04:48,400 --> 12:04:53,436 campaign like we just did and then just 18365 12:04:51,436 --> 12:04:56,320 rinse and repeat that process for the 18366 12:04:53,436 --> 12:04:57,880 next 10 ads uh same exact settings on 18367 12:04:56,320 --> 12:05:00,480 everything we're literally just 18368 12:04:57,880 --> 12:05:03,040 splitting up the allocation of budget so 18369 12:05:00,480 --> 12:05:05,560 that uh each one of our products is 18370 12:05:03,040 --> 12:05:09,480 getting enough spend because if we put 18371 12:05:05,560 --> 12:05:13,116 all 30 into one adet one testing adet 18372 12:05:09,480 --> 12:05:14,276 then uh and it was a t tiny budget it it 18373 12:05:13,116 --> 12:05:17,276 wouldn't 18374 12:05:14,276 --> 12:05:19,200 really they wouldn't get enough spend uh 18375 12:05:17,276 --> 12:05:21,720 and even if you did a bigger budget and 18376 12:05:19,200 --> 12:05:23,560 30 ads that's like way too much for 18377 12:05:21,720 --> 12:05:26,116 Facebook to be like because it's 18378 12:05:23,560 --> 12:05:29,560 swapping through and I think Facebook's 18379 12:05:26,116 --> 12:05:32,200 recommendation is like 8 to 10 Max per 18380 12:05:29,560 --> 12:05:35,116 adset um and then that's just for 18381 12:05:32,200 --> 12:05:37,560 testing once we get to uh launching our 18382 12:05:35,116 --> 12:05:39,276 first conversion ads those campaigns 18383 12:05:37,560 --> 12:05:43,000 we're going to do even less we do like 18384 12:05:39,276 --> 12:05:45,116 three to four ads per ad set 18385 12:05:43,000 --> 12:05:47,520 so there you have it now I'm going to 18386 12:05:45,116 --> 12:05:47,520 publish 18387 12:06:00,680 --> 12:06:08,116 this so review and publish publishing 18388 12:06:05,160 --> 12:06:10,880 and now these are going to go into 18389 12:06:08,116 --> 12:06:12,800 review uh again I would hold off on 18390 12:06:10,880 --> 12:06:16,240 making any of changes 18391 12:06:12,800 --> 12:06:18,320 until uh they've all gotten out of 18392 12:06:16,240 --> 12:06:20,000 review yeah they're just processing 18393 12:06:18,320 --> 12:06:22,276 right now and I normally do them in 18394 12:06:20,000 --> 12:06:24,640 batches like if I was doing 30 ads I 18395 12:06:22,276 --> 12:06:26,880 wouldn't do all them all at once I would 18396 12:06:24,640 --> 12:06:30,680 wait until the first 10 have been 18397 12:06:26,880 --> 12:06:32,080 approved then do the next 10 so on so 18398 12:06:30,680 --> 12:06:35,116 there you have it there's how we 18399 12:06:32,080 --> 12:06:37,460 graduate our new ads from the ad library 18400 12:06:35,116 --> 12:06:45,940 to our testing campaign 18401 12:06:37,460 --> 12:06:45,940 [Music] 18402 12:06:49,560 --> 12:06:53,276 now we're going to be setting up our 18403 12:06:50,756 --> 12:06:55,596 very first conversion campaign and the 18404 12:06:53,276 --> 12:06:59,436 time to do this would be after you've 18405 12:06:55,596 --> 12:07:01,040 run your testing PP campaign for at 18406 12:06:59,436 --> 12:07:04,436 least a couple of days probably about 18407 12:07:01,040 --> 12:07:07,040 $50 in spend and you found out of the 18408 12:07:04,436 --> 12:07:08,480 30ish ads you launched you found at 18409 12:07:07,040 --> 12:07:11,040 least a couple of winners a couple of 18410 12:07:08,480 --> 12:07:13,360 ads that are getting dozens of likes 18411 12:07:11,040 --> 12:07:15,520 comments and shares so the goal at this 18412 12:07:13,360 --> 12:07:18,080 point is to have at least three 18413 12:07:15,520 --> 12:07:20,840 potentially winning ads that we're able 18414 12:07:18,080 --> 12:07:22,360 to use in our conversion campaign and 18415 12:07:20,840 --> 12:07:25,400 the structure for setting up this 18416 12:07:22,360 --> 12:07:27,840 campaign is very straightforward since 18417 12:07:25,400 --> 12:07:29,640 like I've mentioned several times before 18418 12:07:27,840 --> 12:07:32,520 nowadays we don't need to do a whole lot 18419 12:07:29,640 --> 12:07:34,080 of like audience selection and you know 18420 12:07:32,520 --> 12:07:37,000 putting a lot of effort into the the 18421 12:07:34,080 --> 12:07:39,956 setup or like the placements Facebook is 18422 12:07:37,000 --> 12:07:42,680 pretty much handling all that for us and 18423 12:07:39,956 --> 12:07:45,880 again we're just using our static image 18424 12:07:42,680 --> 12:07:48,880 ads our video slideshow and our Carousel 18425 12:07:45,880 --> 12:07:51,480 just as our demo for right now but in 18426 12:07:48,880 --> 12:07:54,200 your own ad account you'll have out of 18427 12:07:51,480 --> 12:07:57,436 all the ads you've tested hopefully a 18428 12:07:54,200 --> 12:08:00,276 few different ones standing out so to do 18429 12:07:57,436 --> 12:08:04,276 this we're going to click 18430 12:08:00,276 --> 12:08:08,360 create new campaign we're going to do 18431 12:08:04,276 --> 12:08:12,400 sales and we're going to do manual sales 18432 12:08:08,360 --> 12:08:14,080 campaign going to name this uncore 18433 12:08:12,400 --> 12:08:17,080 1core 18434 12:08:14,080 --> 12:08:17,080 cold 18435 12:08:17,756 --> 12:08:23,436 us now we're not using a product catalog 18436 12:08:21,320 --> 12:08:26,520 for this campaign we're just going to be 18437 12:08:23,436 --> 12:08:30,116 using our static image ads we are going 18438 12:08:26,520 --> 12:08:32,560 to turn on the advantage campaign budget 18439 12:08:30,116 --> 12:08:34,240 and we're going to do start off super 18440 12:08:32,560 --> 12:08:37,160 low 18441 12:08:34,240 --> 12:08:40,596 $25 and next we go to our 18442 12:08:37,160 --> 12:08:42,040 adet name it adset one you can set up 18443 12:08:40,596 --> 12:08:43,756 templates and 18444 12:08:42,040 --> 12:08:45,520 basically the naming convention is just 18445 12:08:43,756 --> 12:08:48,916 for you you just want to do something 18446 12:08:45,520 --> 12:08:51,400 that makes sense for you and do we 18447 12:08:48,916 --> 12:08:53,276 haven't set up our shop account yet so 18448 12:08:51,400 --> 12:08:56,680 I'm just going to do website for 18449 12:08:53,276 --> 12:09:00,040 now and maximum number of 18450 12:08:56,680 --> 12:09:00,040 conversions and 18451 12:09:02,720 --> 12:09:08,116 purchase none of these none of these let 18452 12:09:05,956 --> 12:09:11,840 it do Advantage Plus at least for this 18453 12:09:08,116 --> 12:09:14,560 ad set and now what we're going to do 18454 12:09:11,840 --> 12:09:17,000 is because we've already made our ads in 18455 12:09:14,560 --> 12:09:18,436 the ad library and tested them out just 18456 12:09:17,000 --> 12:09:22,360 going to go and 18457 12:09:18,436 --> 12:09:22,360 grab their page post 18458 12:09:28,200 --> 12:09:33,560 IDs or even better yet I'll just 18459 12:09:30,680 --> 12:09:33,560 duplicate him this 18460 12:09:39,756 --> 12:09:43,320 way duplicate 18461 12:09:46,320 --> 12:09:52,596 yep and now similar to when we were 18462 12:09:48,880 --> 12:09:54,640 graduating our ad from the ad library to 18463 12:09:52,596 --> 12:09:59,756 testing we want to just double check 18464 12:09:54,640 --> 12:09:59,756 that the right post ID has been entered 18465 12:10:14,360 --> 12:10:21,160 and I have the one other AD that didn't 18466 12:10:17,276 --> 12:10:22,596 that meta decided to not let you use pp4 18467 12:10:21,160 --> 12:10:24,840 anymore and that's the 18468 12:10:22,596 --> 12:10:27,320 carousel 18469 12:10:24,840 --> 12:10:30,320 so back to our 18470 12:10:27,320 --> 12:10:30,320 adset 18471 12:10:31,400 --> 12:10:38,080 edit use existing 18472 12:10:34,320 --> 12:10:38,080 post enter post 18473 12:10:39,400 --> 12:10:43,116 ID there we go 18474 12:10:41,756 --> 12:10:46,800 I just want to 18475 12:10:43,116 --> 12:10:46,800 grab name of this 18476 12:11:02,640 --> 12:11:09,840 ad cool so now within our ad set we have 18477 12:11:07,360 --> 12:11:12,720 three different ads we have the static 18478 12:11:09,840 --> 12:11:14,596 image slideshow and Carousel and it this 18479 12:11:12,720 --> 12:11:17,240 is not an exact science like you don't 18480 12:11:14,596 --> 12:11:19,480 have to have like three different ad 18481 12:11:17,240 --> 12:11:21,640 types I've had great campaigns where 18482 12:11:19,480 --> 12:11:23,320 it's all static images and I've had 18483 12:11:21,640 --> 12:11:25,880 great campaigns where it's all just 18484 12:11:23,320 --> 12:11:27,756 slideshow videos it just it totally 18485 12:11:25,880 --> 12:11:29,276 depends people always ask like how many 18486 12:11:27,756 --> 12:11:32,680 ads should I have per ad set what should 18487 12:11:29,276 --> 12:11:34,400 the ads be like general rule of thumb 18488 12:11:32,680 --> 12:11:36,756 like three to four ads per ad set in 18489 12:11:34,400 --> 12:11:38,680 your conversion campaign great what 18490 12:11:36,756 --> 12:11:41,276 should the ads be we talked about all 18491 12:11:38,680 --> 12:11:43,116 the different ad types the the real 18492 12:11:41,276 --> 12:11:45,000 answer the right answer is put them all 18493 12:11:43,116 --> 12:11:46,916 in testing campaigns and see what gets 18494 12:11:45,000 --> 12:11:49,956 the most engagement and then graduate 18495 12:11:46,916 --> 12:11:53,916 those to your main campaigns now within 18496 12:11:49,956 --> 12:11:56,276 this campaign so it's a CBO so campaign 18497 12:11:53,916 --> 12:11:58,560 budget which that just means it's right 18498 12:11:56,276 --> 12:12:00,200 there if you haven't watch the section 18499 12:11:58,560 --> 12:12:01,560 like the ad account walk through highly 18500 12:12:00,200 --> 12:12:05,200 recommend doing that I explain the 18501 12:12:01,560 --> 12:12:07,080 difference between CBO manual bid 18502 12:12:05,200 --> 12:12:09,680 automatic bid actually I don't know if I 18503 12:12:07,080 --> 12:12:11,480 mentioned manual bid or automatic bid so 18504 12:12:09,680 --> 12:12:14,000 I'll do that right now we're just doing 18505 12:12:11,480 --> 12:12:19,160 Auto bid for everything but that's 18506 12:12:14,000 --> 12:12:19,160 basically where see if I can find 18507 12:12:20,436 --> 12:12:24,680 it I think I might have to change it at 18508 12:12:27,640 --> 12:12:34,640 the yeah here it is campaign bid 18509 12:12:31,080 --> 12:12:36,916 strategy so I can switch it to bid cap 18510 12:12:34,640 --> 12:12:39,560 we're not going to do this right now but 18511 12:12:36,916 --> 12:12:41,560 so we're able to the way that Facebook 18512 12:12:39,560 --> 12:12:43,956 ads operates is essentially a 18513 12:12:41,560 --> 12:12:47,436 Marketplace picture every Advertiser 18514 12:12:43,956 --> 12:12:50,436 sitting in a room like a big auction and 18515 12:12:47,436 --> 12:12:52,480 Facebook holds up an ad slot it's like 18516 12:12:50,436 --> 12:12:56,436 you have this one spot that we can show 18517 12:12:52,480 --> 12:13:00,756 to Suzie from California who's you know 18518 12:12:56,436 --> 12:13:03,276 45 and likes yoga who wants that ad spot 18519 12:13:00,756 --> 12:13:05,160 and every Advertiser in the room who's 18520 12:13:03,276 --> 12:13:08,080 wants to advertise the Suzie will raise 18521 12:13:05,160 --> 12:13:10,520 their hand and say I want it and it'll 18522 12:13:08,080 --> 12:13:14,200 bid back and forth until it hits like 18523 12:13:10,520 --> 12:13:16,520 the peak and that's what Auto bid is 18524 12:13:14,200 --> 12:13:18,276 doing essentially which works 90% of the 18525 12:13:16,520 --> 12:13:21,240 time just explaining the differences 18526 12:13:18,276 --> 12:13:24,240 manual bid or bid cap would be if we're 18527 12:13:21,240 --> 12:13:25,840 an Advertiser in that room and we have a 18528 12:13:24,240 --> 12:13:28,680 number in our head that we're willing to 18529 12:13:25,840 --> 12:13:31,400 go up to but then we won't surpass that 18530 12:13:28,680 --> 12:13:33,320 like if we're willing to pay like up to 18531 12:13:31,400 --> 12:13:35,160 15 bucks to show an ad to Suzie it 18532 12:13:33,320 --> 12:13:38,116 wouldn't be just one person but that's 18533 12:13:35,160 --> 12:13:40,720 just an example we can manually set that 18534 12:13:38,116 --> 12:13:42,480 number and what that means is we'll 18535 12:13:40,720 --> 12:13:44,956 either it there's a chance that our ads 18536 12:13:42,480 --> 12:13:47,116 won't deliver at all because if say 18537 12:13:44,956 --> 12:13:49,480 we're only willing to spend a dollar 18538 12:13:47,116 --> 12:13:51,880 then obviously we're never going to win 18539 12:13:49,480 --> 12:13:53,480 that auction like unless there's like 18540 12:13:51,880 --> 12:13:55,320 unless everybody in the room like clears 18541 12:13:53,480 --> 12:13:56,560 out for some reason then we would win it 18542 12:13:55,320 --> 12:13:58,400 and we get a ton of really cheap 18543 12:13:56,560 --> 12:14:00,400 purchases but that's like a fringe 18544 12:13:58,400 --> 12:14:02,720 scenario but we'll talk more about 18545 12:14:00,400 --> 12:14:05,916 manual bids and bid caps in the the 18546 12:14:02,720 --> 12:14:08,596 scaling section but just for now highest 18547 12:14:05,916 --> 12:14:10,596 volume then at our adet level this is 18548 12:14:08,596 --> 12:14:12,840 where we can choose our targeting which 18549 12:14:10,596 --> 12:14:14,756 I've said repeatedly we just do open 18550 12:14:12,840 --> 12:14:17,640 targeting for the most part I'll just 18551 12:14:14,756 --> 12:14:20,720 show you and sometimes I I will still do 18552 12:14:17,640 --> 12:14:23,596 this I'll do like five to six ad sets 18553 12:14:20,720 --> 12:14:25,520 per campaign and a quick way to rename 18554 12:14:23,596 --> 12:14:27,916 them so if you select the ones you want 18555 12:14:25,520 --> 12:14:31,720 to rename do 18556 12:14:27,916 --> 12:14:31,720 name and you can go like 18557 12:14:32,596 --> 12:14:37,680 this just want to 18558 12:14:36,080 --> 12:14:42,916 do 18559 12:14:37,680 --> 12:14:46,160 three four five six save the draft great 18560 12:14:42,916 --> 12:14:46,160 so this one's open 18561 12:14:47,000 --> 12:14:53,520 targeting so I'll leave it as that I'll 18562 12:14:49,956 --> 12:14:55,000 do this one as open as well you might 18563 12:14:53,520 --> 12:14:57,080 say if they're both open they're both 18564 12:14:55,000 --> 12:14:59,400 exactly the same why would you do 18565 12:14:57,080 --> 12:15:02,240 multiple ads sets and that's a great 18566 12:14:59,400 --> 12:15:04,000 question it really just comes down to um 18567 12:15:02,240 --> 12:15:07,240 like stuff that happens behind the 18568 12:15:04,000 --> 12:15:09,756 scenes with the algorithm like that we 18569 12:15:07,240 --> 12:15:11,956 it's too complicated for us to us mere 18570 12:15:09,756 --> 12:15:15,200 humans to even understand but basically 18571 12:15:11,956 --> 12:15:18,480 each ads set gets dropped into a pocket 18572 12:15:15,200 --> 12:15:20,640 of an audience or a pocket of people and 18573 12:15:18,480 --> 12:15:23,560 it generally stays within that same 18574 12:15:20,640 --> 12:15:26,000 pocket over time so if there's I don't 18575 12:15:23,560 --> 12:15:28,436 know five billion people on Facebook 18576 12:15:26,000 --> 12:15:31,116 your adset even if it is open targeting 18577 12:15:28,436 --> 12:15:33,276 it's never going to reach out to the 18578 12:15:31,116 --> 12:15:35,080 entire group it's going to get dropped 18579 12:15:33,276 --> 12:15:36,916 into a very small circle and then 18580 12:15:35,080 --> 12:15:39,956 Facebook's going to optimize within that 18581 12:15:36,916 --> 12:15:42,276 group so by having multiple ad sets 18582 12:15:39,956 --> 12:15:44,720 we'll have it be in different locations 18583 12:15:42,276 --> 12:15:46,560 long story short it's what I do who 18584 12:15:44,720 --> 12:15:48,240 knows if the algorithm actually works 18585 12:15:46,560 --> 12:15:50,080 like that but that's how I've had smart 18586 12:15:48,240 --> 12:15:51,756 humans who spend a lot more money on ads 18587 12:15:50,080 --> 12:15:53,720 than me explain it so I'm going to do 18588 12:15:51,756 --> 12:15:56,480 this one as open targeting as well then 18589 12:15:53,720 --> 12:15:57,916 this one I'll try an interest I'll try 18590 12:15:56,480 --> 12:16:02,080 like 18591 12:15:57,916 --> 12:16:04,720 flowers and the way we do that is by 18592 12:16:02,080 --> 12:16:07,720 going to audience switch to original 18593 12:16:04,720 --> 12:16:08,880 they really don't want you switching to 18594 12:16:07,720 --> 12:16:13,840 original 18595 12:16:08,880 --> 12:16:15,400 nowadays Okay so targeting 18 to 65 plus 18596 12:16:13,840 --> 12:16:18,080 now I'm going to add 18597 12:16:15,400 --> 12:16:22,040 in this interest so watch the audience 18598 12:16:18,080 --> 12:16:24,240 size it's going to go from a quar 18599 12:16:22,040 --> 12:16:28,400 billion down to 18600 12:16:24,240 --> 12:16:30,200 830 million or 83 million and even 18601 12:16:28,400 --> 12:16:33,160 though the the size of the audience you 18602 12:16:30,200 --> 12:16:35,596 can see there is 874 million remember 18603 12:16:33,160 --> 12:16:39,436 we're only targeting the United States 18604 12:16:35,596 --> 12:16:42,080 so out of that 874 million 10% of those 18605 12:16:39,436 --> 12:16:45,116 people roughly are in the us apparently 18606 12:16:42,080 --> 12:16:47,400 so cool that's flowers 18607 12:16:45,116 --> 12:16:48,480 interest as you can see it's not rocket 18608 12:16:47,400 --> 12:16:52,276 science I'm 18609 12:16:48,480 --> 12:16:56,596 just what else what else can make 18610 12:16:52,276 --> 12:16:56,596 sense I'll try one more like 18611 12:17:04,320 --> 12:17:07,320 this 18612 12:17:09,640 --> 12:17:13,436 spring pretty pretty bar 18613 12:17:16,640 --> 12:17:22,436 broad spring and I'll try I lied I'm 18614 12:17:19,720 --> 12:17:25,840 going to try one more 18615 12:17:22,436 --> 12:17:26,880 interest I'm going to do spring then 18616 12:17:25,840 --> 12:17:31,520 engage 18617 12:17:26,880 --> 12:17:33,916 Shoppers narrowing so switch to original 18618 12:17:31,520 --> 12:17:37,160 audiences original and I'm just picking 18619 12:17:33,916 --> 12:17:39,560 interest that I think pertain to what my 18620 12:17:37,160 --> 12:17:41,916 like audience might be in if I was 18621 12:17:39,560 --> 12:17:44,240 selling coffee to t-shirts I would just 18622 12:17:41,916 --> 12:17:46,436 type in coffee I was when I was doing 18623 12:17:44,240 --> 12:17:48,320 yoga stay I was just typing in yoga I 18624 12:17:46,436 --> 12:17:50,320 was typing bickram yoga different types 18625 12:17:48,320 --> 12:17:52,240 of Yoga that sort of thing again you 18626 12:17:50,320 --> 12:17:53,640 don't really have to do that much of 18627 12:17:52,240 --> 12:17:55,400 that anymore I'm just showing you how 18628 12:17:53,640 --> 12:17:57,000 this process works but remember back to 18629 12:17:55,400 --> 12:17:59,520 our pie chart the percent that this 18630 12:17:57,000 --> 12:18:03,080 actually makes up is relatively 18631 12:17:59,520 --> 12:18:04,680 nominal so I'm going to type spring so 18632 12:18:03,080 --> 12:18:07,116 people who like that and then I can 18633 12:18:04,680 --> 12:18:09,720 Define it further so see how big the 18634 12:18:07,116 --> 12:18:12,720 audience is now it's 25 million if I 18635 12:18:09,720 --> 12:18:15,200 Define further and say I want to Target 18636 12:18:12,720 --> 12:18:19,400 people who are in the US between 18 to 18637 12:18:15,200 --> 12:18:24,276 65 years of age who like this season of 18638 12:18:19,400 --> 12:18:26,840 spring and are in the engaged Shoppers 18639 12:18:24,276 --> 12:18:29,000 audience so see how it just went from 18640 12:18:26,840 --> 12:18:33,360 went from 25 18641 12:18:29,000 --> 12:18:35,116 million down to 13 million so these are 18642 12:18:33,360 --> 12:18:36,840 people that have clicked the shop now 18643 12:18:35,116 --> 12:18:38,756 Buton within the past week on a 18644 12:18:36,840 --> 12:18:40,880 different ad just a good audience of 18645 12:18:38,756 --> 12:18:43,680 people it's exactly who we'd like to 18646 12:18:40,880 --> 12:18:45,680 show to it's just that they're typically 18647 12:18:43,680 --> 12:18:48,596 a little bit more expensive on the CPM 18648 12:18:45,680 --> 12:18:51,596 side so now it's 13 18649 12:18:48,596 --> 12:18:55,640 million so we'll try that one 18650 12:18:51,596 --> 12:18:57,956 out and last I would do like a lookalike 18651 12:18:55,640 --> 12:19:00,276 audience if we but we don't we haven't 18652 12:18:57,956 --> 12:19:02,800 driven any traffic yet but a lookalike 18653 12:19:00,276 --> 12:19:05,720 audience is just when you say to 18654 12:19:02,800 --> 12:19:07,520 Facebook essentially like hey here's 18655 12:19:05,720 --> 12:19:10,400 what a thou here's a thousand of our 18656 12:19:07,520 --> 12:19:12,840 buyers for an example can you find us 18657 12:19:10,400 --> 12:19:15,240 more people just like them and Facebook 18658 12:19:12,840 --> 12:19:17,560 uses their machine learning algorithms 18659 12:19:15,240 --> 12:19:19,560 to study every single data point that 18660 12:19:17,560 --> 12:19:21,800 they have on those thousand people 18661 12:19:19,560 --> 12:19:24,840 everything from like what pages they 18662 12:19:21,800 --> 12:19:26,320 follow to like who their friends are 18663 12:19:24,840 --> 12:19:28,480 what their friends like what like what 18664 12:19:26,320 --> 12:19:30,596 are their Social Circles it's like deep 18665 12:19:28,480 --> 12:19:32,596 learning stuff that it comes to 18666 12:19:30,596 --> 12:19:35,080 conclusions Beyond like what a human is 18667 12:19:32,596 --> 12:19:37,720 capable of understanding in theory that 18668 12:19:35,080 --> 12:19:39,276 like it should be super effective but 18669 12:19:37,720 --> 12:19:41,080 then they so they get all those data 18670 12:19:39,276 --> 12:19:43,360 points and then they look at their full 18671 12:19:41,080 --> 12:19:44,800 catalog or database of every other user 18672 12:19:43,360 --> 12:19:47,596 on Facebook that meets your other 18673 12:19:44,800 --> 12:19:49,276 criterias like within the US 18 to 65 18674 12:19:47,596 --> 12:19:52,956 plus and it finds people that are 18675 12:19:49,276 --> 12:19:54,596 similar to them so in theory again it's 18676 12:19:52,956 --> 12:19:57,840 like you give them a th buyers and then 18677 12:19:54,596 --> 12:19:59,480 they'll find 2.1 million more people 18678 12:19:57,840 --> 12:20:02,596 that are very similar to your existing 18679 12:19:59,480 --> 12:20:04,160 buyers and obviously the more buyers or 18680 12:20:02,596 --> 12:20:06,116 and buyers are just one audience you can 18681 12:20:04,160 --> 12:20:07,956 make you can make like people who ban a 18682 12:20:06,116 --> 12:20:10,276 cart people who visited your website 18683 12:20:07,956 --> 12:20:11,800 initiate checkout basically any way you 18684 12:20:10,276 --> 12:20:14,160 could think think to segment people you 18685 12:20:11,800 --> 12:20:16,956 can do it but the more data the more 18686 12:20:14,160 --> 12:20:19,200 examples of buyers you give it the more 18687 12:20:16,956 --> 12:20:23,560 accurate your lookalike audiences will 18688 12:20:19,200 --> 12:20:27,756 be but that's it for now so these are 18689 12:20:23,560 --> 12:20:29,840 all like ad sets with so just to recap 18690 12:20:27,756 --> 12:20:32,680 the campaign so we have a CBO us 18691 12:20:29,840 --> 12:20:36,160 targeting conversion optimized for 18692 12:20:32,680 --> 12:20:38,596 purchases not using our catalog we have 18693 12:20:36,160 --> 12:20:41,720 six ad sets and we have the same three 18694 12:20:38,596 --> 12:20:43,640 ads within every ad set and out of our 18695 12:20:41,720 --> 12:20:45,160 adsets we have three open targeting we 18696 12:20:43,640 --> 12:20:46,800 talked about lookalike audiences that 18697 12:20:45,160 --> 12:20:49,680 you can throw those in there and then we 18698 12:20:46,800 --> 12:20:51,276 tossed in some interest again don't fret 18699 12:20:49,680 --> 12:20:54,596 over the interest or your audience 18700 12:20:51,276 --> 12:20:56,000 targeting too much 99% of the win is 18701 12:20:54,596 --> 12:20:58,720 going to come from just having really 18702 12:20:56,000 --> 12:21:00,680 good products and this is if you can 18703 12:20:58,720 --> 12:21:03,916 understand this campaign structure 18704 12:21:00,680 --> 12:21:05,756 that's basically all that we're doing 18705 12:21:03,916 --> 12:21:07,480 like this campaign structure does not 18706 12:21:05,756 --> 12:21:10,160 change a whole lot whether if you're 18707 12:21:07,480 --> 12:21:12,640 running like a$ hundred million company 18708 12:21:10,160 --> 12:21:14,800 or if you're you're running like 100k a 18709 12:21:12,640 --> 12:21:16,720 month print on demand company It's 18710 12:21:14,800 --> 12:21:19,520 relatively the same it really just comes 18711 12:21:16,720 --> 12:21:21,840 down to the types of products you have 18712 12:21:19,520 --> 12:21:23,080 and then to give you a further example 18713 12:21:21,840 --> 12:21:26,840 so 18714 12:21:23,080 --> 12:21:29,360 say we launch this and then over time 18715 12:21:26,840 --> 12:21:31,320 one of the ads like say add one in each 18716 12:21:29,360 --> 12:21:33,480 of the ad set is the clear winner and 18717 12:21:31,320 --> 12:21:35,400 the way it'll it'll shake out is I would 18718 12:21:33,480 --> 12:21:37,480 say two or three of the ad sets will get 18719 12:21:35,400 --> 12:21:39,000 the vast majority of the spend and the 18720 12:21:37,480 --> 12:21:41,756 other two or three will end up getting 18721 12:21:39,000 --> 12:21:43,400 nothing in the beginning it splits it up 18722 12:21:41,756 --> 12:21:46,640 pretty evenly but then over the first 18723 12:21:43,400 --> 12:21:48,840 like week even it uh quickly will hone 18724 12:21:46,640 --> 12:21:50,880 in on what the top ads sets are because 18725 12:21:48,840 --> 12:21:53,040 we're a CBO so we gave Facebook the 18726 12:21:50,880 --> 12:21:55,040 option to do that but then and then it 18727 12:21:53,040 --> 12:21:57,480 also does the same thing at the ad level 18728 12:21:55,040 --> 12:21:59,360 so it'll decide like hey add one is the 18729 12:21:57,480 --> 12:22:01,800 best and most of the spend will go to 18730 12:21:59,360 --> 12:22:04,276 that but the reason that we're giving it 18731 12:22:01,800 --> 12:22:06,916 static image slideshow and Carousel is 18732 12:22:04,276 --> 12:22:09,400 that different viewers or different 18733 12:22:06,916 --> 12:22:12,000 users on Facebook interact with 18734 12:22:09,400 --> 12:22:14,560 different ads so there's some types of 18735 12:22:12,000 --> 12:22:15,880 people that again back to the brick and 18736 12:22:14,560 --> 12:22:18,560 mortar example there's some types of 18737 12:22:15,880 --> 12:22:20,040 people who like to consume content by 18738 12:22:18,560 --> 12:22:22,276 just looking at pictures there's some 18739 12:22:20,040 --> 12:22:24,116 people who really like to read like 18740 12:22:22,276 --> 12:22:27,200 articles there's some people who only 18741 12:22:24,116 --> 12:22:29,000 watch videos so we have to give Facebook 18742 12:22:27,200 --> 12:22:30,756 the ability to Market to each of those 18743 12:22:29,000 --> 12:22:32,480 people we didn't really do the the 18744 12:22:30,756 --> 12:22:34,240 article one but that's just throwing out 18745 12:22:32,480 --> 12:22:36,880 other examples so that's why it's 18746 12:22:34,240 --> 12:22:39,720 important to give it a wide variety of 18747 12:22:36,880 --> 12:22:41,240 AD types but even more importantly the 18748 12:22:39,720 --> 12:22:43,956 the products that are being shown in the 18749 12:22:41,240 --> 12:22:47,200 ads cuz there's some people who are 18750 12:22:43,956 --> 12:22:49,560 really into humor and like typography 18751 12:22:47,200 --> 12:22:51,320 designs but then those people there's 18752 12:22:49,560 --> 12:22:54,000 good portion of them that would never 18753 12:22:51,320 --> 12:22:55,160 buy like this lion design for example 18754 12:22:54,000 --> 12:22:56,800 but there's still something we could 18755 12:22:55,160 --> 12:23:00,840 offer them like there's lots of spring 18756 12:22:56,800 --> 12:23:02,840 joke designs out there that if I never 18757 12:23:00,840 --> 12:23:05,200 tested that in an ad then I would never 18758 12:23:02,840 --> 12:23:07,320 find that I would never be able to reach 18759 12:23:05,200 --> 12:23:09,916 that person so we try to diversify 18760 12:23:07,320 --> 12:23:12,720 within the adsets and within the account 18761 12:23:09,916 --> 12:23:15,720 overall not just the types of AD 18762 12:23:12,720 --> 12:23:20,080 creative like slideshow video Whatever 18763 12:23:15,720 --> 12:23:22,320 Carousel we really try to diversify the 18764 12:23:20,080 --> 12:23:24,680 the products that are being advertised 18765 12:23:22,320 --> 12:23:26,916 that's like the even more important 18766 12:23:24,680 --> 12:23:29,116 overarching dial 18767 12:23:26,916 --> 12:23:30,480 mover but then back to the example say 18768 12:23:29,116 --> 12:23:32,480 we run it for a little bit we see that 18769 12:23:30,480 --> 12:23:34,956 add one in each of the ad sets is really 18770 12:23:32,480 --> 12:23:37,640 carrying all the weight and ads two and 18771 12:23:34,956 --> 12:23:39,800 three aren't really doing much at all as 18772 12:23:37,640 --> 12:23:42,800 long as the campaign overall is doing 18773 12:23:39,800 --> 12:23:44,080 decently well well uh I leave it running 18774 12:23:42,800 --> 12:23:46,116 and if you want to see the the 18775 12:23:44,080 --> 12:23:47,596 day-by-day case study of me actually 18776 12:23:46,116 --> 12:23:50,276 launching and running the store and 18777 12:23:47,596 --> 12:23:53,160 running the ads join wcale University 18778 12:23:50,276 --> 12:23:55,480 where I'm uploading every single day 18779 12:23:53,160 --> 12:23:58,320 this exact process like thinking through 18780 12:23:55,480 --> 12:24:00,756 the ads watching the results showing how 18781 12:23:58,320 --> 12:24:02,400 I read the numbers like optimizing 18782 12:24:00,756 --> 12:24:04,680 basically this entire process that's all 18783 12:24:02,400 --> 12:24:07,160 in we scale University for the members 18784 12:24:04,680 --> 12:24:09,160 in there anyway so once we have an ad 18785 12:24:07,160 --> 12:24:11,240 that performs well if the campaign's 18786 12:24:09,160 --> 12:24:13,436 doing well I just leave everything 18787 12:24:11,240 --> 12:24:15,116 exactly the same but then like I'll even 18788 12:24:13,436 --> 12:24:16,596 the ones that aren't getting much spend 18789 12:24:15,116 --> 12:24:19,320 I'll just leave it cuz I don't want to 18790 12:24:16,596 --> 12:24:21,276 touch the campaign but then over time as 18791 12:24:19,320 --> 12:24:24,596 if the campaign performance starts to 18792 12:24:21,276 --> 12:24:27,640 drop that's when I'll go to my Bullpen 18793 12:24:24,596 --> 12:24:29,640 to my testing campaign and see all right 18794 12:24:27,640 --> 12:24:32,200 since I'm a good little media buyer I've 18795 12:24:29,640 --> 12:24:36,116 been launching lots of ads and testing 18796 12:24:32,200 --> 12:24:39,160 them in the background and here's two 18797 12:24:36,116 --> 12:24:40,800 two or three new ads that W out of the 18798 12:24:39,160 --> 12:24:45,720 additional 20 that I've launched 18799 12:24:40,800 --> 12:24:45,720 launched so then I just go into the 18800 12:24:45,840 --> 12:24:53,080 campaign grab the page post for that 18801 12:24:49,956 --> 12:24:56,360 campaign and then I go back to or for 18802 12:24:53,080 --> 12:24:58,800 for the ad then I go back to my 18803 12:24:56,360 --> 12:25:01,160 conversion campaign and say it was add 18804 12:24:58,800 --> 12:25:05,160 two that's been doing nothing I would 18805 12:25:01,160 --> 12:25:08,080 just select each of them like this hit 18806 12:25:05,160 --> 12:25:11,520 edit use existing post and I would enter 18807 12:25:08,080 --> 12:25:13,720 the post ID for the new ad obviously 18808 12:25:11,520 --> 12:25:15,276 this is an it's just an example so it 18809 12:25:13,720 --> 12:25:17,840 just so happens that I grab the same 18810 12:25:15,276 --> 12:25:19,956 post ID but you would have a new post ID 18811 12:25:17,840 --> 12:25:23,116 for a new ad and you paste it and then 18812 12:25:19,956 --> 12:25:25,596 you publish it and then just like that 18813 12:25:23,116 --> 12:25:27,680 we're it'll get the conversion campaign 18814 12:25:25,596 --> 12:25:29,276 right back on track because we had 18815 12:25:27,680 --> 12:25:31,520 something that was already ready to go 18816 12:25:29,276 --> 12:25:33,640 to graduate so there you have it there's 18817 12:25:31,520 --> 12:25:38,680 how to set up your first conversion 18818 12:25:33,640 --> 12:25:41,080 campaign using CBO CBO four to six ad 18819 12:25:38,680 --> 12:25:42,560 sets throw in some interest doesn't make 18820 12:25:41,080 --> 12:25:45,040 a huge difference the most important 18821 12:25:42,560 --> 12:25:48,916 thing is that you have good ads that 18822 12:25:45,040 --> 12:25:51,320 have been tested big product catalog and 18823 12:25:48,916 --> 12:25:54,116 you've you're letting your campaigns run 18824 12:25:51,320 --> 12:25:56,640 so they get out of this learning phase 18825 12:25:54,116 --> 12:25:59,116 which I touch on that very briefly the 18826 12:25:56,640 --> 12:26:01,240 learning phase is the phase that happens 18827 12:25:59,116 --> 12:26:03,040 after your ads have launched for the 18828 12:26:01,240 --> 12:26:05,916 first time and Facebook is basically 18829 12:26:03,040 --> 12:26:09,400 saying like we're not sure who to be 18830 12:26:05,916 --> 12:26:10,916 showing these ads to yet and the way you 18831 12:26:09,400 --> 12:26:13,880 get out of the learning phase is by 18832 12:26:10,916 --> 12:26:15,800 getting to 50 conversions per adet which 18833 12:26:13,880 --> 12:26:17,320 sounds like a lot and it can be but 18834 12:26:15,800 --> 12:26:19,116 that's the Tipping Point where Facebook 18835 12:26:17,320 --> 12:26:21,360 has enough data kind of like the look 18836 12:26:19,116 --> 12:26:24,116 like audiences Facebook has enough data 18837 12:26:21,360 --> 12:26:26,680 to know who your buyers are and you'll 18838 12:26:24,116 --> 12:26:28,400 see performance steadily increase after 18839 12:26:26,680 --> 12:26:30,520 that in the beginning performance kind 18840 12:26:28,400 --> 12:26:32,080 of goes like this like some days it'll 18841 12:26:30,520 --> 12:26:34,800 be high some days it'll be low some days 18842 12:26:32,080 --> 12:26:37,720 it'll be really low but overall it's 18843 12:26:34,800 --> 12:26:39,320 finding the average and so you just have 18844 12:26:37,720 --> 12:26:43,276 to wait that out but we're going to talk 18845 12:26:39,320 --> 12:26:46,000 more about that in the testing lesson 18846 12:26:43,276 --> 12:26:48,690 coming up soon so that's it for how to 18847 12:26:46,000 --> 12:26:57,180 launch your first conversion 18848 12:26:48,690 --> 12:26:57,180 [Music] 18849 12:26:59,756 --> 12:27:04,160 campaign in this lesson we're going to 18850 12:27:01,560 --> 12:27:06,596 be setting up our first Dynamic product 18851 12:27:04,160 --> 12:27:09,000 catalog Campaign which a dynamic product 18852 12:27:06,596 --> 12:27:10,596 catalog campaign differs from the ads 18853 12:27:09,000 --> 12:27:13,596 we've been setting up in the ad library 18854 12:27:10,596 --> 12:27:15,880 and the testing campaign cuz this is a 18855 12:27:13,596 --> 12:27:18,240 really simple campaign to set up where 18856 12:27:15,880 --> 12:27:20,116 Facebook will automatically cycle 18857 12:27:18,240 --> 12:27:22,880 through all of our products available on 18858 12:27:20,116 --> 12:27:24,840 our Shopify store and optimize our ad 18859 12:27:22,880 --> 12:27:27,840 for each individual person which is 18860 12:27:24,840 --> 12:27:30,720 great because it allows us to easily 18861 12:27:27,840 --> 12:27:32,680 quickly test massive product catalog 18862 12:27:30,720 --> 12:27:34,720 without uploading every single ad 18863 12:27:32,680 --> 12:27:37,436 individually so the way that we set this 18864 12:27:34,720 --> 12:27:42,116 up is first by clicking 18865 12:27:37,436 --> 12:27:42,116 create clicking the sales objective 18866 12:27:42,160 --> 12:27:46,436 going to do manual sales campaign like 18867 12:27:47,720 --> 12:27:51,000 always do 18868 12:27:51,160 --> 12:27:54,160 onecore 18869 12:27:54,240 --> 12:28:02,680 cold us DPA so DPA stands for dynamic 18870 12:27:59,240 --> 12:28:06,080 product ads otherwise known as catalog 18871 12:28:02,680 --> 12:28:09,000 ads it's all all the same stuff so 18872 12:28:06,080 --> 12:28:11,560 auction type or buying type Auction 18873 12:28:09,000 --> 12:28:12,720 Sales objective now here normally we 18874 12:28:11,560 --> 12:28:15,240 were turning this off we're going to 18875 12:28:12,720 --> 12:28:17,320 leave it on and this is the product 18876 12:28:15,240 --> 12:28:19,200 catalog that we synced from our Shopify 18877 12:28:17,320 --> 12:28:21,116 store we're going to be using Advantage 18878 12:28:19,200 --> 12:28:26,320 campaign budget for this one 18879 12:28:21,116 --> 12:28:26,320 too I'll do another low budget 25 18880 12:28:27,720 --> 12:28:33,000 bucks now it's important that the 18881 12:28:30,360 --> 12:28:35,840 performance goal at the adset level we 18882 12:28:33,000 --> 12:28:37,240 make sure that this is set for purchases 18883 12:28:35,840 --> 12:28:39,400 one of the biggest mistakes I see is 18884 12:28:37,240 --> 12:28:41,040 people optimizing for traffic and 18885 12:28:39,400 --> 12:28:42,560 wondering why they conversion rate so 18886 12:28:41,040 --> 12:28:44,756 low like they're getting super cheap 18887 12:28:42,560 --> 12:28:48,160 clicks I'm in the range that you said 18888 12:28:44,756 --> 12:28:50,116 Chris but um I'm not getting any sales 18889 12:28:48,160 --> 12:28:52,916 nine times out of 10 it's just because 18890 12:28:50,116 --> 12:28:54,840 the conversion or optimization set up 18891 12:28:52,916 --> 12:28:57,160 properly audience type we want to find 18892 12:28:54,840 --> 12:29:00,436 perspective customers this is our cold 18893 12:28:57,160 --> 12:29:03,320 traffic again Advantage Plus uh 18894 12:29:00,436 --> 12:29:06,040 placements and audience leave that the 18895 12:29:03,320 --> 12:29:08,116 same now the ad level so we went 18896 12:29:06,040 --> 12:29:10,436 campaign level it's where we chose the 18897 12:29:08,116 --> 12:29:12,160 objective uh the adset level we 18898 12:29:10,436 --> 12:29:15,000 reconfirm the 18899 12:29:12,160 --> 12:29:17,000 objective and uh you can change your 18900 12:29:15,000 --> 12:29:19,560 audience and stuff there but now we're 18901 12:29:17,000 --> 12:29:19,560 at the ad 18902 12:29:21,240 --> 12:29:24,840 level so you can see here it's already 18903 12:29:23,436 --> 12:29:28,596 started pulling 18904 12:29:24,840 --> 12:29:28,596 in uh our different 18905 12:29:31,880 --> 12:29:36,320 products and so for these Dynamic 18906 12:29:34,480 --> 12:29:38,720 product campaigns we can do different 18907 12:29:36,320 --> 12:29:40,800 formats we can do single image like 18908 12:29:38,720 --> 12:29:42,880 we've already set up but the difference 18909 12:29:40,800 --> 12:29:44,756 here being that it would cycle through 18910 12:29:42,880 --> 12:29:46,276 different products or we can do Carousel 18911 12:29:44,756 --> 12:29:48,640 or we can do collection I've never 18912 12:29:46,276 --> 12:29:51,200 really done collection Carousel is the 18913 12:29:48,640 --> 12:29:53,480 one that always performs really well 18914 12:29:51,200 --> 12:29:55,720 then for the ad creative we can do 18915 12:29:53,480 --> 12:29:57,560 multiple products and for Creative 18916 12:29:55,720 --> 12:29:59,116 options that we wanted to do a slideshow 18917 12:29:57,560 --> 12:30:01,040 where it basically just makes a bunch of 18918 12:29:59,116 --> 12:30:03,520 those videos on every card so that's 18919 12:30:01,040 --> 12:30:05,956 kind of cool this one kind of glitches 18920 12:30:03,520 --> 12:30:07,720 pretty frequently but I just do single 18921 12:30:05,956 --> 12:30:11,000 image so it's going to show a different 18922 12:30:07,720 --> 12:30:13,560 product image on each card 18923 12:30:11,000 --> 12:30:15,840 then for our primary text I'm just going 18924 12:30:13,560 --> 12:30:15,840 to 18925 12:30:16,800 --> 12:30:21,200 grab whatever ad copy I 18926 12:30:33,916 --> 12:30:40,916 had this is not an ad copy lesson this 18927 12:30:37,080 --> 12:30:40,916 is just a 18928 12:30:41,560 --> 12:30:45,480 campaign setup 18929 12:30:43,360 --> 12:30:49,480 lesson there now we have the same ad 18930 12:30:45,480 --> 12:30:53,240 copy shop now call to action 18931 12:30:49,480 --> 12:30:53,240 button our website 18932 12:30:53,436 --> 12:30:59,040 URL collections. C back collections 18933 12:30:59,200 --> 12:31:02,200 backspring 18934 12:31:02,436 --> 12:31:10,680 https seasonal 18935 12:31:05,720 --> 12:31:10,680 collections. cool I think that's right 18936 12:31:11,200 --> 12:31:15,240 yep deep links don't worry about those 18937 12:31:13,840 --> 12:31:18,200 that's just yeah just don't worry about 18938 12:31:15,240 --> 12:31:22,080 the Deep links turn on tracking you 18939 12:31:18,200 --> 12:31:22,080 should have your pixels showing up 18940 12:31:24,480 --> 12:31:27,480 there 18941 12:31:31,360 --> 12:31:39,360 and my favorite uh description to put in 18942 12:31:36,320 --> 12:31:41,000 for these links which doesn't really 18943 12:31:39,360 --> 12:31:42,160 work on this store because we haven't 18944 12:31:41,000 --> 12:31:46,000 gotten any 18945 12:31:42,160 --> 12:31:48,756 sales but I put the number of reviews or 18946 12:31:46,000 --> 12:31:48,756 like the star 18947 12:31:48,840 --> 12:31:55,436 review that we like our average customer 18948 12:31:53,040 --> 12:31:57,680 feedback it just looks nice having like 18949 12:31:55,436 --> 12:32:02,276 the stars across the bottom I think that 18950 12:31:57,680 --> 12:32:02,276 might cut it off that's a out of 18951 12:32:03,200 --> 12:32:09,596 five yeah you can do that you can 18952 12:32:06,160 --> 12:32:12,240 do the made with love or designed with 18953 12:32:09,596 --> 12:32:14,720 love in the US you can do printed and 18954 12:32:12,240 --> 12:32:17,116 shipped in the USA or if you're an 18955 12:32:14,720 --> 12:32:18,800 international company you can do 18956 12:32:17,116 --> 12:32:22,596 something different like 30-day money 18957 12:32:18,800 --> 12:32:23,680 back guarantee um small business owner 18958 12:32:22,596 --> 12:32:26,320 something like 18959 12:32:23,680 --> 12:32:28,276 that but there you have it not not a 18960 12:32:26,320 --> 12:32:32,040 whole lot to it don't need to over 18961 12:32:28,276 --> 12:32:34,360 complicate things but now we have uh our 18962 12:32:32,040 --> 12:32:35,560 Dynamic product catalog campaign setup 18963 12:32:34,360 --> 12:32:38,680 and I don't 18964 12:32:35,560 --> 12:32:41,116 normally do more than one ad set for 18965 12:32:38,680 --> 12:32:43,200 this I'll just leave it open targeting 18966 12:32:41,116 --> 12:32:45,400 and because it it's going to be able to 18967 12:32:43,200 --> 12:32:47,560 cycle through so much on the ad level 18968 12:32:45,400 --> 12:32:49,640 just doing open targeting for the ad set 18969 12:32:47,560 --> 12:32:51,640 and for the for the adset audience and 18970 12:32:49,640 --> 12:32:54,520 for the placement works fine so 18971 12:32:51,640 --> 12:32:56,756 Advantage Plus everything give it access 18972 12:32:54,520 --> 12:33:00,240 to your full product catalog give it 18973 12:32:56,756 --> 12:33:02,200 some half decent ad copy and then it 18974 12:33:00,240 --> 12:33:04,756 really just comes down to having a great 18975 12:33:02,200 --> 12:33:06,720 product catalog and a optimize website 18976 12:33:04,756 --> 12:33:08,240 so there then I would just hit review 18977 12:33:06,720 --> 12:33:10,880 and publish I'm not going to do that 18978 12:33:08,240 --> 12:33:13,040 right now because I'm still waiting on 18979 12:33:10,880 --> 12:33:16,680 oh and the reason that ours like this 18980 12:33:13,040 --> 12:33:16,680 one doesn't look great because it's 18981 12:33:17,360 --> 12:33:24,160 just it's just on a white background but 18982 12:33:20,240 --> 12:33:27,720 right now uh VA on our team is uploading 18983 12:33:24,160 --> 12:33:29,560 all of the mockups to the website so 18984 12:33:27,720 --> 12:33:31,880 once all the mockups are changed in 18985 12:33:29,560 --> 12:33:35,276 Shopify these images will automatically 18986 12:33:31,880 --> 12:33:40,400 change as well and they'll all look 18987 12:33:35,276 --> 12:33:40,400 like like how this one does here 18988 12:33:43,080 --> 12:33:47,560 like this mockup that the line is on 18989 12:33:45,596 --> 12:33:50,200 every image is or every product is going 18990 12:33:47,560 --> 12:33:51,680 to be on that same exact mockup yeah 18991 12:33:50,200 --> 12:33:53,950 there you have it that's how to set up a 18992 12:33:51,680 --> 12:34:02,440 dynamic product catalog 18993 12:33:53,950 --> 12:34:02,440 [Music] 18994 12:34:05,080 --> 12:34:10,160 campaign this lesson we're going to be 18995 12:34:06,956 --> 12:34:12,160 setting up our retargeting audiences 18996 12:34:10,160 --> 12:34:13,916 and these retargeting audiences are 18997 12:34:12,160 --> 12:34:16,276 going to be used in our retargeting 18998 12:34:13,916 --> 12:34:19,160 campaigns to get back in front of 18999 12:34:16,276 --> 12:34:21,276 potential customers and basically trying 19000 12:34:19,160 --> 12:34:24,080 to convince them to come back and 19001 12:34:21,276 --> 12:34:25,880 purchase from us and these are by far 19002 12:34:24,080 --> 12:34:28,040 the most effective ads from a Raz 19003 12:34:25,880 --> 12:34:31,160 standpoint they typically run at like a 19004 12:34:28,040 --> 12:34:33,200 3 to a 4X plus they're very easy to set 19005 12:34:31,160 --> 12:34:34,916 up and I've mentioned earlier that if 19006 12:34:33,200 --> 12:34:36,720 you have any kind of organic traffic 19007 12:34:34,916 --> 12:34:39,200 already I recommend setting these up 19008 12:34:36,720 --> 12:34:40,640 first just cuz it's lowest hanging fruit 19009 12:34:39,200 --> 12:34:42,276 if you have haven't started running ads 19010 12:34:40,640 --> 12:34:44,200 yet it's still worthwhile to put these 19011 12:34:42,276 --> 12:34:46,116 in place now even though they won't 19012 12:34:44,200 --> 12:34:49,680 start delivering until your audiences 19013 12:34:46,116 --> 12:34:51,720 populate it's still a good exercise to 19014 12:34:49,680 --> 12:34:53,360 set them up now so that when they are 19015 12:34:51,720 --> 12:34:55,840 populated and you have enough traffic 19016 12:34:53,360 --> 12:34:58,880 they'll start delivering and to do this 19017 12:34:55,840 --> 12:35:01,436 there's the really detailed Google doc 19018 12:34:58,880 --> 12:35:03,880 that you have it's linked somewhere 19019 12:35:01,436 --> 12:35:04,880 around this video it shows a really 19020 12:35:03,880 --> 12:35:07,320 in-depth 19021 12:35:04,880 --> 12:35:10,320 breakdown and starting with the 19022 12:35:07,320 --> 12:35:13,436 audiences here now these audience es 19023 12:35:10,320 --> 12:35:15,520 these breakdowns are pretty Advanced and 19024 12:35:13,436 --> 12:35:18,080 only really apply if you're doing if 19025 12:35:15,520 --> 12:35:20,640 you're driving a ton of traffic because 19026 12:35:18,080 --> 12:35:22,480 like here this is for example saying to 19027 12:35:20,640 --> 12:35:25,276 break down your view content people who 19028 12:35:22,480 --> 12:35:27,400 have visited your website into audiences 19029 12:35:25,276 --> 12:35:29,596 people who did it in the last 0 to 3 19030 12:35:27,400 --> 12:35:32,956 days then another audience of people in 19031 12:35:29,596 --> 12:35:35,116 the last like 4 to 7 Days 8 to 14 for 19032 12:35:32,956 --> 12:35:36,800 the sake of this and for Simplicity and 19033 12:35:35,116 --> 12:35:38,520 getting the most bang for your buck 19034 12:35:36,800 --> 12:35:40,360 we're just going to be setting up bigger 19035 12:35:38,520 --> 12:35:43,080 groups so like our content we're going 19036 12:35:40,360 --> 12:35:45,956 to do all is one audience website 19037 12:35:43,080 --> 12:35:47,080 traffic same thing so just to give you a 19038 12:35:45,956 --> 12:35:48,756 frame of reference of what we're going 19039 12:35:47,080 --> 12:35:50,320 to be building you don't need to be 19040 12:35:48,756 --> 12:35:52,276 doing this right out of the gate once 19041 12:35:50,320 --> 12:35:54,000 you hit like a million plus in Revenue 19042 12:35:52,276 --> 12:35:55,596 that's when you need to start doing that 19043 12:35:54,000 --> 12:35:56,800 but anyway so there's two different 19044 12:35:55,596 --> 12:35:59,040 places that we're able to make these 19045 12:35:56,800 --> 12:36:00,400 audiences one is where like as you're 19046 12:35:59,040 --> 12:36:03,000 setting up the campaign they give you 19047 12:36:00,400 --> 12:36:07,916 some options in at the ad set 19048 12:36:03,000 --> 12:36:07,916 level here I can actually show you 19049 12:36:09,756 --> 12:36:15,360 like here if I said to 19050 12:36:12,320 --> 12:36:17,080 retarget people and then here it says 19051 12:36:15,360 --> 12:36:19,320 people who viewed or added to cart but 19052 12:36:17,080 --> 12:36:21,640 not purchased in the last 14 days add to 19053 12:36:19,320 --> 12:36:23,756 carp and not purchase upsell products 19054 12:36:21,640 --> 12:36:26,720 crell so it gives you a a bunch of 19055 12:36:23,756 --> 12:36:28,640 different breakdowns but the more that's 19056 12:36:26,720 --> 12:36:32,436 kind of like the doing it there is kind 19057 12:36:28,640 --> 12:36:34,116 of like using the Boost page post off 19058 12:36:32,436 --> 12:36:36,400 option that Facebook always gives you on 19059 12:36:34,116 --> 12:36:37,596 your your Facebook page it's just they 19060 12:36:36,400 --> 12:36:39,520 give you like a fraction of the 19061 12:36:37,596 --> 12:36:41,756 functionality just trying to get you to 19062 12:36:39,520 --> 12:36:43,756 to use it at all so the right way to set 19063 12:36:41,756 --> 12:36:47,116 up our audiences is on the left hand 19064 12:36:43,756 --> 12:36:48,956 side here where it just says 19065 12:36:47,116 --> 12:36:50,800 audiences and if it's a brand new 19066 12:36:48,956 --> 12:36:53,240 account it'll be completely empty like 19067 12:36:50,800 --> 12:36:56,080 this so we're going to click create a 19068 12:36:53,240 --> 12:36:58,360 custom audience and to give you an 19069 12:36:56,080 --> 12:37:00,116 overview the bunch of different sources 19070 12:36:58,360 --> 12:37:02,480 that we can choose from the only ones 19071 12:37:00,116 --> 12:37:05,436 that we're really going to be using are 19072 12:37:02,480 --> 12:37:08,520 website so this one here and then 19073 12:37:05,436 --> 12:37:10,756 there's these meta sources here so from 19074 12:37:08,520 --> 12:37:12,560 your sources these are things that we 19075 12:37:10,756 --> 12:37:14,640 can give to Facebook like from our 19076 12:37:12,560 --> 12:37:17,560 website traffic customer list if you 19077 12:37:14,640 --> 12:37:19,720 have an app you can share that but so 19078 12:37:17,560 --> 12:37:21,200 just website applies to us and then down 19079 12:37:19,720 --> 12:37:23,916 here in the meta sources we're going to 19080 12:37:21,200 --> 12:37:26,000 be using the Facebook page and Instagram 19081 12:37:23,916 --> 12:37:28,360 account so these are going to be useful 19082 12:37:26,000 --> 12:37:30,400 for our warm audiences remember cold 19083 12:37:28,360 --> 12:37:33,200 warm hot cold is people who've never 19084 12:37:30,400 --> 12:37:35,480 heard of us before warm is people who 19085 12:37:33,200 --> 12:37:38,080 saw and engag with one of our ads or our 19086 12:37:35,480 --> 12:37:40,320 page and then hot are people that 19087 12:37:38,080 --> 12:37:43,360 visited our website but not purchased 19088 12:37:40,320 --> 12:37:46,000 and then the last group is uh existing 19089 12:37:43,360 --> 12:37:49,040 customers so people actually purchased I 19090 12:37:46,000 --> 12:37:52,040 just noticed this this is cool augmented 19091 12:37:49,040 --> 12:37:53,916 reality I've never used that but that'd 19092 12:37:52,040 --> 12:37:55,916 be interesting to test so first one I'm 19093 12:37:53,916 --> 12:37:58,640 going to set up is just a basic audience 19094 12:37:55,916 --> 12:38:00,520 I'm going to do all website visitors and 19095 12:37:58,640 --> 12:38:02,160 then I can choose the number of days 19096 12:38:00,520 --> 12:38:06,480 that I want it to look back I think the 19097 12:38:02,160 --> 12:38:09,680 max last time I checked is 180 yeah so 19098 12:38:06,480 --> 12:38:11,240 furthest back and go is 180 days but so 19099 12:38:09,680 --> 12:38:15,160 it gives me all these different 19100 12:38:11,240 --> 12:38:17,840 basically every event from a pixel that 19101 12:38:15,160 --> 12:38:20,000 has actually fired so we haven't had any 19102 12:38:17,840 --> 12:38:22,240 purchases yet so we haven't even turn on 19103 12:38:20,000 --> 12:38:25,276 ads so that's not showing up here but 19104 12:38:22,240 --> 12:38:25,276 I'm just going to do website 19105 12:38:35,480 --> 12:38:41,276 visitors I need to say days so website 19106 12:38:38,640 --> 12:38:43,800 visitors p180 you can name it however 19107 12:38:41,276 --> 12:38:46,840 you want whatever works for you and 19108 12:38:43,800 --> 12:38:48,680 there so we see the the audience we just 19109 12:38:46,840 --> 12:38:51,116 made we can see that it's also 19110 12:38:48,680 --> 12:38:52,756 populating uh so I can put it into a 19111 12:38:51,116 --> 12:38:54,640 campaign but I know that once it's 19112 12:38:52,756 --> 12:38:56,436 finished populating this is basically 19113 12:38:54,640 --> 12:38:57,800 like processing I know that once it's 19114 12:38:56,436 --> 12:39:00,040 finished it's not going to find enough 19115 12:38:57,800 --> 12:39:01,840 traffic to actually fill that audience I 19116 12:39:00,040 --> 12:39:04,360 think the minimum size if I'm not 19117 12:39:01,840 --> 12:39:06,880 mistaken is around 100 people but it's 19118 12:39:04,360 --> 12:39:08,720 not going to be perfect so if you drive 19119 12:39:06,880 --> 12:39:10,436 a th000 people to your website your 19120 12:39:08,720 --> 12:39:14,276 website VIs visitor audience is not 19121 12:39:10,436 --> 12:39:17,436 going to be 1,000 it'll be 4 500 maybe 19122 12:39:14,276 --> 12:39:19,276 around there but it's so just if it it 19123 12:39:17,436 --> 12:39:21,956 doesn't match up exactly don't freak out 19124 12:39:19,276 --> 12:39:26,080 that's to be expected all right next I'm 19125 12:39:21,956 --> 12:39:26,080 going to make add to 19126 12:39:26,520 --> 12:39:30,436 cart just going to do 30 19127 12:39:32,360 --> 12:39:37,080 days create another custom audience 19128 12:39:35,080 --> 12:39:41,320 website 19129 12:39:37,080 --> 12:39:41,320 next initiate checkout 19130 12:39:47,360 --> 12:39:49,880 next 19131 12:40:06,040 --> 12:40:10,756 website view content which view content 19132 12:40:09,520 --> 12:40:14,596 is people 19133 12:40:10,756 --> 12:40:16,436 that viewed a product on your website 19134 12:40:14,596 --> 12:40:19,360 all right now I'm going to create 19135 12:40:16,436 --> 12:40:22,000 my actually I'll do a shorter time 19136 12:40:19,360 --> 12:40:23,400 period so I'm going to Target these 19137 12:40:22,000 --> 12:40:25,360 separately so I'm going to do add to 19138 12:40:23,400 --> 12:40:28,680 cart for past seven 19139 12:40:25,360 --> 12:40:30,840 days the reason I'm doing this the 19140 12:40:28,680 --> 12:40:33,436 reason it's beneficial to break down 19141 12:40:30,840 --> 12:40:35,640 your audiences into smaller groups is 19142 12:40:33,436 --> 12:40:38,436 that somebody who just added a cart in 19143 12:40:35,640 --> 12:40:40,680 the past 7 Days 3 days ago is far more 19144 12:40:38,436 --> 12:40:43,640 likely to actually buy than somebody who 19145 12:40:40,680 --> 12:40:45,880 just added a cart 29 days ago 29 days 19146 12:40:43,640 --> 12:40:47,480 ago they have like all but forgotten 19147 12:40:45,880 --> 12:40:50,480 about who we are if we haven't done a 19148 12:40:47,480 --> 12:40:54,840 good job at getting back in front of 19149 12:40:50,480 --> 12:40:54,840 them do ini check 19150 12:41:04,000 --> 12:41:08,000 out do 19151 12:41:17,520 --> 12:41:23,200 p7 all right now I'm going to make our 19152 12:41:20,320 --> 12:41:25,520 warm audiences so we made website 19153 12:41:23,200 --> 12:41:27,160 visitors past 180 days so that's a big 19154 12:41:25,520 --> 12:41:29,880 audience of just everybody who's been to 19155 12:41:27,160 --> 12:41:33,000 the site then we did add to cart 30 days 19156 12:41:29,880 --> 12:41:36,000 initiate checkout 30 view content and 19157 12:41:33,000 --> 12:41:40,956 then the 7-Day version of each of those 19158 12:41:36,000 --> 12:41:40,956 oh wait I didn't do view content 7 days 19159 12:41:49,520 --> 12:41:53,276 okay now we're doing the warm audiences 19160 12:41:51,480 --> 12:41:55,080 so for warm audiences we're going to be 19161 12:41:53,276 --> 12:41:57,640 using Facebook and 19162 12:41:55,080 --> 12:42:00,800 Instagram page 19163 12:41:57,640 --> 12:42:04,360 so everyone who engaged with your page 19164 12:42:00,800 --> 12:42:04,360 yes do 19165 12:42:07,840 --> 12:42:13,160 Facebook so I always make a big large 19166 12:42:10,916 --> 12:42:16,276 audience to just grab 19167 12:42:13,160 --> 12:42:18,560 everybody uh like first and then I'll 19168 12:42:16,276 --> 12:42:22,520 use and then I'll make 19169 12:42:18,560 --> 12:42:22,520 another more segmented 19170 12:42:24,436 --> 12:42:28,800 group so 365 19171 12:42:40,400 --> 12:42:46,080 okay so I 19172 12:42:41,756 --> 12:42:46,080 did everyone who's engaged with the 19173 12:42:46,956 --> 12:42:55,560 page now I'm going to do anyone who has 19174 12:42:51,200 --> 12:42:55,560 engaged with a post or an ad 19175 12:42:59,400 --> 12:43:03,916 specifically the other reason it's good 19176 12:43:01,200 --> 12:43:07,080 to make your big audiences is that those 19177 12:43:03,916 --> 12:43:09,400 are uh the best audiences for creating 19178 12:43:07,080 --> 12:43:14,596 uh look likes off of because it's much 19179 12:43:09,400 --> 12:43:14,596 bigger sample size also going to do 19180 12:43:16,596 --> 12:43:22,360 video I'm going do so video ads are 19181 12:43:19,596 --> 12:43:24,040 great because one it's a format type 19182 12:43:22,360 --> 12:43:27,640 that a lot of people like but you also 19183 12:43:24,040 --> 12:43:30,080 get these additional audience breakdowns 19184 12:43:27,640 --> 12:43:32,116 that you can make because you're able to 19185 12:43:30,080 --> 12:43:35,000 Target People based off of if they've 19186 12:43:32,116 --> 12:43:38,080 watched 3 seconds 10 seconds 15 seconds 19187 12:43:35,000 --> 12:43:40,800 50% 75% the reason that's valuable is 19188 12:43:38,080 --> 12:43:43,320 that somebody who watched a video ad but 19189 12:43:40,800 --> 12:43:46,160 didn't click or something if they watch 19190 12:43:43,320 --> 12:43:49,916 75% of a video then that shows that 19191 12:43:46,160 --> 12:43:53,080 they're at least somewhat interested in 19192 12:43:49,916 --> 12:43:54,680 uh like what we were advertising you 19193 12:43:53,080 --> 12:43:56,560 just have to select the video so if 19194 12:43:54,680 --> 12:43:58,436 there's one the times that I make these 19195 12:43:56,560 --> 12:44:00,840 video audiences is if I have like a 19196 12:43:58,436 --> 12:44:03,320 slideshow ad or a video ad that's really 19197 12:44:00,840 --> 12:44:05,596 taking off and getting a lot of like 19198 12:44:03,320 --> 12:44:10,840 Impressions that's a good time to create 19199 12:44:05,596 --> 12:44:10,840 these custom audiences so 19200 12:44:11,436 --> 12:44:18,276 video 19201 12:44:13,240 --> 12:44:20,400 One 75% view so because it's video 19202 12:44:18,276 --> 12:44:22,840 specific you just have to label it and 19203 12:44:20,400 --> 12:44:26,160 keep track of 19204 12:44:22,840 --> 12:44:27,756 that once we set up our shopping ads 19205 12:44:26,160 --> 12:44:33,240 doing these shopping retargeting 19206 12:44:27,756 --> 12:44:33,240 audiences are really really good as well 19207 12:44:39,956 --> 12:44:43,240 okay so that's a good place to start the 19208 12:44:41,720 --> 12:44:45,360 other audiences that I'm going to create 19209 12:44:43,240 --> 12:44:47,160 once we start driving traffic are 19210 12:44:45,360 --> 12:44:49,240 obviously our purchase audiences and 19211 12:44:47,160 --> 12:44:52,200 then our lookalikes the lookalikes are 19212 12:44:49,240 --> 12:44:54,276 different from these cuz lookalikes are 19213 12:44:52,200 --> 12:44:56,200 finding new people so that's for cold 19214 12:44:54,276 --> 12:44:58,720 traffic some people call it warm because 19215 12:44:56,200 --> 12:45:01,480 it's like based off of your customers 19216 12:44:58,720 --> 12:45:04,200 but it's completely new people these are 19217 12:45:01,480 --> 12:45:06,800 creating audiences of people that we've 19218 12:45:04,200 --> 12:45:08,480 already are aware of like these are 19219 12:45:06,800 --> 12:45:09,596 actually warm and hot audiences what I'm 19220 12:45:08,480 --> 12:45:12,160 trying to say 19221 12:45:09,596 --> 12:45:13,560 and these will be relatively small 19222 12:45:12,160 --> 12:45:15,400 obviously especially now because we 19223 12:45:13,560 --> 12:45:17,560 haven't driven any traffic but like your 19224 12:45:15,400 --> 12:45:20,240 add to cart audience if you're spending 19225 12:45:17,560 --> 12:45:22,640 like after you spend 1,000 bucks you'll 19226 12:45:20,240 --> 12:45:25,560 get maybe like spend 1,000 bucks you 19227 12:45:22,640 --> 12:45:28,720 might get 2,000 sessions around there 19228 12:45:25,560 --> 12:45:31,436 out of that you might get 200 people 19229 12:45:28,720 --> 12:45:33,640 generously generously 200 people adding 19230 12:45:31,436 --> 12:45:37,680 to cart and then out of those 200 added 19231 12:45:33,640 --> 12:45:39,480 in cart it might pick up 50% of that so 19232 12:45:37,680 --> 12:45:41,436 after 1,000 bucks spent you might only 19233 12:45:39,480 --> 12:45:43,436 have like 50 people in your ad to cart 19234 12:45:41,436 --> 12:45:45,480 audience showing up and then that's just 19235 12:45:43,436 --> 12:45:48,116 in the past 7 days so expect these 19236 12:45:45,480 --> 12:45:49,560 audiences to be relatively small for a 19237 12:45:48,116 --> 12:45:51,040 little while but the nice thing is once 19238 12:45:49,560 --> 12:45:55,080 you set them up they're constantly 19239 12:45:51,040 --> 12:45:56,560 populating so like 3 months 6 months a 19240 12:45:55,080 --> 12:45:57,840 year down the road you never have to set 19241 12:45:56,560 --> 12:46:00,320 these up again they're constantly 19242 12:45:57,840 --> 12:46:02,640 updating and new people are getting 19243 12:46:00,320 --> 12:46:05,040 pulled into your funnel so you start off 19244 12:46:02,640 --> 12:46:07,840 with your cold traffic which we talk 19245 12:46:05,040 --> 12:46:10,956 about the most and then those people are 19246 12:46:07,840 --> 12:46:12,360 automatically getting targeted with once 19247 12:46:10,956 --> 12:46:14,560 they're they enter one of these 19248 12:46:12,360 --> 12:46:16,320 audiences so if I'm a new customer I see 19249 12:46:14,560 --> 12:46:17,916 your cold ad I click to your website 19250 12:46:16,320 --> 12:46:20,160 that puts me in your view content 19251 12:46:17,916 --> 12:46:22,240 audience then if I or that puts me in 19252 12:46:20,160 --> 12:46:23,680 your website traffic audience then if I 19253 12:46:22,240 --> 12:46:25,840 click on a product that puts me in your 19254 12:46:23,680 --> 12:46:27,320 view content audience then if I add to 19255 12:46:25,840 --> 12:46:29,400 cart I get added to your add to cart 19256 12:46:27,320 --> 12:46:33,240 audience so on and so forth and we're 19257 12:46:29,400 --> 12:46:34,320 going to set up retargeting ads next for 19258 12:46:33,240 --> 12:46:37,000 each of 19259 12:46:34,320 --> 12:46:39,200 these and that's where I was saying like 19260 12:46:37,000 --> 12:46:40,880 you could like once you have a lot of 19261 12:46:39,200 --> 12:46:42,640 traffic you could really segment how you 19262 12:46:40,880 --> 12:46:44,756 want to speak to me like you could say 19263 12:46:42,640 --> 12:46:46,560 you abandoned cart like a week ago 19264 12:46:44,756 --> 12:46:48,400 here's 15% off and then you 19265 12:46:46,560 --> 12:46:50,160 incrementally the further away they get 19266 12:46:48,400 --> 12:46:52,160 from the time that they were on your 19267 12:46:50,160 --> 12:46:55,160 website you can increase that so like 19268 12:46:52,160 --> 12:46:56,880 somebody who was just added a cart two 19269 12:46:55,160 --> 12:46:58,840 days ago you just remind them that their 19270 12:46:56,880 --> 12:47:02,116 cart's empty but then somebody who added 19271 12:46:58,840 --> 12:47:03,320 cart 30 days ago you give them there's a 19272 12:47:02,116 --> 12:47:05,320 great chance you're never going to see 19273 12:47:03,320 --> 12:47:07,040 them again so you start ratcheting up 19274 12:47:05,320 --> 12:47:09,360 the discounts and the offers to try to 19275 12:47:07,040 --> 12:47:10,840 get them to come back so you could think 19276 12:47:09,360 --> 12:47:12,800 of it as like you just get more and more 19277 12:47:10,840 --> 12:47:15,116 generous the further away they get but 19278 12:47:12,800 --> 12:47:17,320 for our purposes you don't have to go to 19279 12:47:15,116 --> 12:47:18,640 that extreme but I just think it's 19280 12:47:17,320 --> 12:47:21,360 interesting to have a frame of reference 19281 12:47:18,640 --> 12:47:23,200 of where you can go with retargeting ads 19282 12:47:21,360 --> 12:47:25,180 yeah so there you have it that's how to 19283 12:47:23,200 --> 12:47:33,670 set up your retargeting 19284 12:47:25,180 --> 12:47:33,670 [Music] 19285 12:47:36,240 --> 12:47:41,080 ads now we're going to be using our 19286 12:47:38,880 --> 12:47:44,040 retargeting audiences that we just set 19287 12:47:41,080 --> 12:47:45,916 up and putting them into our retargeting 19288 12:47:44,040 --> 12:47:48,000 campaigns specifically we're going to be 19289 12:47:45,916 --> 12:47:50,276 setting up an abandon cart Campaign 19290 12:47:48,000 --> 12:47:52,916 which is for anybody who went to our 19291 12:47:50,276 --> 12:47:55,436 website added a product to cart and then 19292 12:47:52,916 --> 12:47:57,240 for whatever reason decided to leave and 19293 12:47:55,436 --> 12:47:59,756 when I say for whatever reason it 19294 12:47:57,240 --> 12:48:04,040 normally comes down to a couple of the 19295 12:47:59,756 --> 12:48:07,880 same topics across any business it's 19296 12:48:04,040 --> 12:48:10,840 either social proof price urgency 19297 12:48:07,880 --> 12:48:13,720 scarcity meaning not enough urgency 19298 12:48:10,840 --> 12:48:17,080 scarcity or you know convincing them to 19299 12:48:13,720 --> 12:48:19,080 buy um or the price is another big one 19300 12:48:17,080 --> 12:48:21,640 and yeah so we're going to retarget them 19301 12:48:19,080 --> 12:48:23,436 with uh a pretty simple ad that's for 19302 12:48:21,640 --> 12:48:25,436 people that have just recently abandoned 19303 12:48:23,436 --> 12:48:26,956 cart in like the past 7 days we're just 19304 12:48:25,436 --> 12:48:29,720 going to remind them cuz that's another 19305 12:48:26,956 --> 12:48:31,160 thing sometimes especially driving like 19306 12:48:29,720 --> 12:48:32,956 social media traffic people are on their 19307 12:48:31,160 --> 12:48:34,916 phones you know they're in the grocery 19308 12:48:32,956 --> 12:48:37,800 store wherever they're just not in a 19309 12:48:34,916 --> 12:48:39,640 good place to be buying like physically 19310 12:48:37,800 --> 12:48:42,200 in a good place not mentally that's a 19311 12:48:39,640 --> 12:48:44,000 whole different type of type of lesson 19312 12:48:42,200 --> 12:48:45,596 so we're just going to put an ad in 19313 12:48:44,000 --> 12:48:46,880 front of them at a super low budget 19314 12:48:45,596 --> 12:48:48,916 that's just going to remind them that 19315 12:48:46,880 --> 12:48:50,480 they have products in their cart so 19316 12:48:48,916 --> 12:48:52,320 without further Ado let's jump into our 19317 12:48:50,480 --> 12:48:55,956 ad account so first thing we're going to 19318 12:48:52,320 --> 12:48:58,116 do is go up to here and click create new 19319 12:48:55,956 --> 12:49:02,040 campaign and we're going to click sales 19320 12:48:58,116 --> 12:49:05,276 objective manual setup as always and 19321 12:49:02,040 --> 12:49:07,116 we're going to name this one hot 19322 12:49:05,276 --> 12:49:10,080 retargeting and the reason we're doing 19323 12:49:07,116 --> 12:49:11,520 hot retar or three underscore hot 19324 12:49:10,080 --> 12:49:13,956 because in a previous lesson we talked 19325 12:49:11,520 --> 12:49:17,040 about our campaign structure or account 19326 12:49:13,956 --> 12:49:19,956 structure we have one underscore is cold 19327 12:49:17,040 --> 12:49:21,320 two underscore is warm three is hot uh 19328 12:49:19,956 --> 12:49:23,720 categories we don't have to do anything 19329 12:49:21,320 --> 12:49:25,116 with that we can leave the catalog on 19330 12:49:23,720 --> 12:49:28,520 I'm going to turn it off for now just so 19331 12:49:25,116 --> 12:49:30,756 we can see it without but we can cycle 19332 12:49:28,520 --> 12:49:34,320 through different products if we want 19333 12:49:30,756 --> 12:49:37,116 but more on that in a second so website 19334 12:49:34,320 --> 12:49:40,116 objective maximum number of conversions 19335 12:49:37,116 --> 12:49:42,200 we're going for Pur purchases we haven't 19336 12:49:40,116 --> 12:49:43,320 gotten any traffic yet so that would be 19337 12:49:42,200 --> 12:49:45,560 that's why we're getting that error 19338 12:49:43,320 --> 12:49:48,560 message all this can stay the same 19339 12:49:45,560 --> 12:49:50,800 except our budget super low budgets 19340 12:49:48,560 --> 12:49:54,040 overall are retargeting between the warm 19341 12:49:50,800 --> 12:49:56,916 and hot normally make up five maybe 10% 19342 12:49:54,040 --> 12:50:00,000 of the overall spend is super low but uh 19343 12:49:56,916 --> 12:50:01,880 but it it runs at a high row as so it it 19344 12:50:00,000 --> 12:50:03,880 pulls up the overall the overall 19345 12:50:01,880 --> 12:50:06,596 performance all right so the way I'm 19346 12:50:03,880 --> 12:50:10,560 going to name this ad set is whatever 19347 12:50:06,596 --> 12:50:13,160 the audience is so add cart past seven 19348 12:50:10,560 --> 12:50:15,320 and now to get to those retargeting 19349 12:50:13,160 --> 12:50:17,200 audiences remember how Facebook likes to 19350 12:50:15,320 --> 12:50:19,040 shove Advantage Plus down our throat 19351 12:50:17,200 --> 12:50:22,756 wherever they can going to switch to 19352 12:50:19,040 --> 12:50:25,116 original use original audience and then 19353 12:50:22,756 --> 12:50:28,160 we're going to so we can either create a 19354 12:50:25,116 --> 12:50:32,756 new audience or we can use a saved 19355 12:50:28,160 --> 12:50:35,880 audience oh sorry a custom audience so 19356 12:50:32,756 --> 12:50:37,956 custom a saved audience is like if I had 19357 12:50:35,880 --> 12:50:39,080 a combination of interests that I liked 19358 12:50:37,956 --> 12:50:42,240 using a lot 19359 12:50:39,080 --> 12:50:44,800 or if I made like a combination of an 19360 12:50:42,240 --> 12:50:46,360 interest but excluded purchases or 19361 12:50:44,800 --> 12:50:48,080 something it's basically just a safe 19362 12:50:46,360 --> 12:50:50,320 time but our custom audiences are the 19363 12:50:48,080 --> 12:50:53,080 ones that we want to be looking at and 19364 12:50:50,320 --> 12:50:54,756 I'm going to go down to add to cart P 7 19365 12:50:53,080 --> 12:50:56,560 now like I mentioned when we were making 19366 12:50:54,756 --> 12:50:59,276 the audiences all of these are too small 19367 12:50:56,560 --> 12:51:00,480 for us to actually do anything with so 19368 12:50:59,276 --> 12:51:02,000 we're going to set up the ads but 19369 12:51:00,480 --> 12:51:04,720 they're not going to deliver which is 19370 12:51:02,000 --> 12:51:06,360 totally fine we just no spend will go 19371 12:51:04,720 --> 12:51:08,160 into them but then as soon as we do have 19372 12:51:06,360 --> 12:51:10,520 enough traffic these bad boys are going 19373 12:51:08,160 --> 12:51:12,240 to start delivering uh and for 19374 12:51:10,520 --> 12:51:14,520 retargeting this is really important to 19375 12:51:12,240 --> 12:51:16,640 turn off Reach people beyond your custom 19376 12:51:14,520 --> 12:51:19,240 audience when it's likely to improve 19377 12:51:16,640 --> 12:51:21,596 performance so the ad that we're making 19378 12:51:19,240 --> 12:51:23,956 we're we're going to be saying this 19379 12:51:21,596 --> 12:51:25,276 which this is from the the Google Doc 19380 12:51:23,956 --> 12:51:26,560 that you have around this video 19381 12:51:25,276 --> 12:51:28,436 somewhere we're just going to be using 19382 12:51:26,560 --> 12:51:31,436 this forgot something we saved your cart 19383 12:51:28,436 --> 12:51:33,520 for you complete your purchase now so 19384 12:51:31,436 --> 12:51:36,000 that would not make any sense for us to 19385 12:51:33,520 --> 12:51:37,360 show that that ad copy to anybody 19386 12:51:36,000 --> 12:51:39,840 besides somebody who's already been to 19387 12:51:37,360 --> 12:51:42,160 our cart or added to cart so sometimes 19388 12:51:39,840 --> 12:51:44,596 that can make sense but it does not for 19389 12:51:42,160 --> 12:51:47,680 retargeting ads okay so we selected add 19390 12:51:44,596 --> 12:51:52,080 to cart pass seven now we go to what 19391 12:51:47,680 --> 12:51:54,596 should we name the ad um cart 19392 12:51:52,080 --> 12:51:57,880 reminder I'm going to select the page 19393 12:51:54,596 --> 12:52:02,360 cool selected the page just going to do 19394 12:51:57,880 --> 12:52:06,240 single image and add media pick pick my 19395 12:52:02,360 --> 12:52:08,916 soon to be bestseller original done fine 19396 12:52:06,240 --> 12:52:12,480 and now for 19397 12:52:08,916 --> 12:52:15,080 primary text just going to do that and 19398 12:52:12,480 --> 12:52:17,480 you can do variations of this this is a 19399 12:52:15,080 --> 12:52:20,916 a combo that's worked well for for me in 19400 12:52:17,480 --> 12:52:24,400 the past and then but just be sure to 19401 12:52:20,916 --> 12:52:27,560 swap out this 19402 12:52:24,400 --> 12:52:29,880 your url 19403 12:52:27,560 --> 12:52:32,520 so and the way you can find your cart 19404 12:52:29,880 --> 12:52:36,240 URL you just go to your cart and you 19405 12:52:32,520 --> 12:52:40,436 just go to your cart come on go to 19406 12:52:36,240 --> 12:52:43,320 cart view cart C it should just be this 19407 12:52:40,436 --> 12:52:47,116 back SLC cart yep there we go so it's 19408 12:52:43,320 --> 12:52:50,560 your domain as the root URL back SL cart 19409 12:52:47,116 --> 12:52:52,560 and then anybody who clicks that link 19410 12:52:50,560 --> 12:52:53,880 it'll bring them directly to their cart 19411 12:52:52,560 --> 12:52:56,160 the reason we want to do this rather 19412 12:52:53,880 --> 12:52:57,480 than send them to the collection page is 19413 12:52:56,160 --> 12:52:59,000 we're retargeting people that have 19414 12:52:57,480 --> 12:53:00,640 already added something so we're just 19415 12:52:59,000 --> 12:53:02,560 trying to simplify the process of them 19416 12:53:00,640 --> 12:53:06,040 getting back to their cart and checking 19417 12:53:02,560 --> 12:53:07,680 out similar to or exactly the same as 19418 12:53:06,040 --> 12:53:09,080 what our abandoned card emails will be 19419 12:53:07,680 --> 12:53:11,116 doing and 19420 12:53:09,080 --> 12:53:13,200 if they're using the same browser it'll 19421 12:53:11,116 --> 12:53:15,160 remember the person it'll remember what 19422 12:53:13,200 --> 12:53:18,040 was in their cart and it'll be really 19423 12:53:15,160 --> 12:53:20,520 easy for them to check out paste that I 19424 12:53:18,040 --> 12:53:22,320 don't love that it's broken up like that 19425 12:53:20,520 --> 12:53:24,080 but that's just one ad placement you can 19426 12:53:22,320 --> 12:53:28,040 see like on Instagram it looks a lot 19427 12:53:24,080 --> 12:53:32,080 better and then for the 19428 12:53:28,040 --> 12:53:36,160 headline your cart is 19429 12:53:32,080 --> 12:53:39,276 waiting there you go then call to action 19430 12:53:36,160 --> 12:53:41,756 shop now okay so pretty straightforward 19431 12:53:39,276 --> 12:53:44,400 so select the page create ad manual 19432 12:53:41,756 --> 12:53:47,276 upload single image leave multi- 19433 12:53:44,400 --> 12:53:50,680 Advertiser that's fine upload an image 19434 12:53:47,276 --> 12:53:52,360 use this ad copy or something similar 19435 12:53:50,680 --> 12:53:53,956 cart reminder you can take out the Emoji 19436 12:53:52,360 --> 12:53:55,436 if that doesn't match your brand phrase 19437 12:53:53,956 --> 12:53:57,680 it however you want but our goal for 19438 12:53:55,436 --> 12:54:00,160 this ad is just a simple hey here's your 19439 12:53:57,680 --> 12:54:02,840 cart no discount no free shipping no 19440 12:54:00,160 --> 12:54:05,360 nothing we'll do those in other ads and 19441 12:54:02,840 --> 12:54:08,756 then you can add something for the 19442 12:54:05,360 --> 12:54:12,596 description like 30day 19443 12:54:08,756 --> 12:54:13,956 money back guarantee actually I'll just 19444 12:54:12,596 --> 12:54:16,000 say 19445 12:54:13,956 --> 12:54:17,596 guarantee and there we go so I would 19446 12:54:16,000 --> 12:54:19,436 just hit publish it wouldn't start 19447 12:54:17,596 --> 12:54:22,160 delivering just yet but it's at a super 19448 12:54:19,436 --> 12:54:24,436 low budget and when there are enough 19449 12:54:22,160 --> 12:54:27,276 people who have abandoned cart then it 19450 12:54:24,436 --> 12:54:30,000 would uh start delivering to them 19451 12:54:27,276 --> 12:54:32,360 another retargeting ad that take a look 19452 12:54:30,000 --> 12:54:35,040 at real quick is how we can do a cart 19453 12:54:32,360 --> 12:54:37,436 reminder but show them the specific 19454 12:54:35,040 --> 12:54:40,160 product that they had in their cart so 19455 12:54:37,436 --> 12:54:43,596 we can do a c catalog product 19456 12:54:40,160 --> 12:54:46,880 set there we go so catalog select the 19457 12:54:43,596 --> 12:54:50,320 catalog we want to show them primary 19458 12:54:46,880 --> 12:54:52,320 text let's grab this again there we go 19459 12:54:50,320 --> 12:54:55,000 and what's cool about the catalog ads 19460 12:54:52,320 --> 12:54:57,560 especially for retargeting is it uses 19461 12:54:55,000 --> 12:55:00,956 this Dynamic field to update and show 19462 12:54:57,560 --> 12:55:02,916 the the name of the product I think it's 19463 12:55:00,956 --> 12:55:05,480 pretty cool I send them to the website 19464 12:55:02,916 --> 12:55:09,520 yep website URL to the cart yeah there 19465 12:55:05,480 --> 12:55:11,840 you go now another so any example of how 19466 12:55:09,520 --> 12:55:13,916 I was saying we're going to talk to each 19467 12:55:11,840 --> 12:55:15,756 group differently so for people who 19468 12:55:13,916 --> 12:55:17,240 abandoned cart up to 7 days ago we're 19469 12:55:15,756 --> 12:55:20,040 just going to say hey here's your cart 19470 12:55:17,240 --> 12:55:23,320 come back and and check out for people 19471 12:55:20,040 --> 12:55:25,436 that abandon cart greater than 7 Days 19472 12:55:23,320 --> 12:55:28,680 lower likelihood of them actually 19473 12:55:25,436 --> 12:55:32,200 purchasing so we're going to do actually 19474 12:55:28,680 --> 12:55:34,400 easier way to do this 19475 12:55:32,200 --> 12:55:38,800 pass 19476 12:55:34,400 --> 12:55:41,080 7 P30 there we go all right so we're 19477 12:55:38,800 --> 12:55:43,880 going to do an audience or an ad for the 19478 12:55:41,080 --> 12:55:47,480 people that abandoned between 8 and 30 19479 12:55:43,880 --> 12:55:50,080 days ago so the way we do that is pretty 19480 12:55:47,480 --> 12:55:53,240 pretty simple so we're going to use our 19481 12:55:50,080 --> 12:55:56,680 30-day add to cart audience there and 19482 12:55:53,240 --> 12:55:59,240 then we're going to add an exclusion 19483 12:55:56,680 --> 12:56:01,720 exclude anybody who added to cart the 19484 12:55:59,240 --> 12:56:04,160 past 7 days we would also want to 19485 12:56:01,720 --> 12:56:06,240 exclude anybody who's purchased or 19486 12:56:04,160 --> 12:56:08,116 during that time but we just don't have 19487 12:56:06,240 --> 12:56:09,276 a purchase audience yet because they 19488 12:56:08,116 --> 12:56:11,040 have haven't gotten any but you would 19489 12:56:09,276 --> 12:56:12,560 also want to exclude them and so now 19490 12:56:11,040 --> 12:56:14,160 what this is going to do is it's going 19491 12:56:12,560 --> 12:56:16,480 to show to anybody who added the cart in 19492 12:56:14,160 --> 12:56:19,000 the past 30 days but not to anybody who 19493 12:56:16,480 --> 12:56:22,200 added in the past seven and net result 19494 12:56:19,000 --> 12:56:24,276 is past 8 to 30 days and the reason 19495 12:56:22,200 --> 12:56:27,840 that's important is we don't want people 19496 12:56:24,276 --> 12:56:29,800 being shown both ads not a huge deal but 19497 12:56:27,840 --> 12:56:33,000 you know to keep our advertising nice 19498 12:56:29,800 --> 12:56:36,160 and clean this is the way to do it then 19499 12:56:33,000 --> 12:56:40,160 for these ads just going to do the 19500 12:56:36,160 --> 12:56:40,160 one no I want this one 19501 12:56:40,680 --> 12:56:45,040 cart reminder so this is not going to be 19502 12:56:42,680 --> 12:56:47,080 a cart reminder this is going to be free 19503 12:56:45,040 --> 12:56:49,000 shipping this one always does really 19504 12:56:47,080 --> 12:56:51,560 well we just don't want to give it away 19505 12:56:49,000 --> 12:56:54,240 like candy because obviously it costs us 19506 12:56:51,560 --> 12:56:56,116 a lot more and it also kind of devalues 19507 12:56:54,240 --> 12:56:58,596 doesn't really but it kind of devalues 19508 12:56:56,116 --> 12:57:01,240 the brand if people see it as you 19509 12:56:58,596 --> 12:57:02,916 know uh you guys just give out discounts 19510 12:57:01,240 --> 12:57:05,560 for for 19511 12:57:02,916 --> 12:57:07,720 anybody fun little hack is if there's a 19512 12:57:05,560 --> 12:57:10,240 store that you want to buy from just go 19513 12:57:07,720 --> 12:57:11,756 look up their ads in the ad Library see 19514 12:57:10,240 --> 12:57:13,956 what retargeting ads they're running 19515 12:57:11,756 --> 12:57:16,520 nine times out of 10 they have some kind 19516 12:57:13,956 --> 12:57:18,520 of discount that you can grab from there 19517 12:57:16,520 --> 12:57:20,840 and I don't like how this is cutting off 19518 12:57:18,520 --> 12:57:24,480 so see if I can get it 19519 12:57:20,840 --> 12:57:26,596 to there we go okay not bad wow that's 19520 12:57:24,480 --> 12:57:28,240 pretty cool that's new I wonder what 19521 12:57:26,596 --> 12:57:30,276 that's going to look like it automat it 19522 12:57:28,240 --> 12:57:32,200 detected the free shipping code one 19523 12:57:30,276 --> 12:57:33,956 thing I have to check is make sure that 19524 12:57:32,200 --> 12:57:36,916 we actually have that discount code set 19525 12:57:33,956 --> 12:57:38,756 up so we do that by going to oh no 19526 12:57:36,916 --> 12:57:41,520 discount create discount 19527 12:57:38,756 --> 12:57:45,756 free shipping discount 19528 12:57:41,520 --> 12:57:47,560 code have free ship all countries just 19529 12:57:45,756 --> 12:57:51,116 United States for 19530 12:57:47,560 --> 12:57:54,160 now no minimum all customers 19531 12:57:51,116 --> 12:57:56,916 Sure Save cool now we have a discount 19532 12:57:54,160 --> 12:57:59,160 code you can also just you could use 19533 12:57:56,916 --> 12:58:01,680 this link as well but the only problem 19534 12:57:59,160 --> 12:58:03,276 with these links is that it takes you to 19535 12:58:01,680 --> 12:58:04,320 the home page it doesn't take you to the 19536 12:58:03,276 --> 12:58:09,400 cart 19537 12:58:04,320 --> 12:58:11,640 page which is kind of annoying but 19538 12:58:09,400 --> 12:58:13,360 so there we go so now we have our free 19539 12:58:11,640 --> 12:58:15,840 shipping offer so if somebody doesn't 19540 12:58:13,360 --> 12:58:18,276 take us up on the cart reminder which is 19541 12:58:15,840 --> 12:58:21,116 for the first 7 days then they'll be hit 19542 12:58:18,276 --> 12:58:23,000 with a free shipping offer which is much 19543 12:58:21,116 --> 12:58:25,040 higher likelihood to convert obviously 19544 12:58:23,000 --> 12:58:26,480 because that's free money and shipping 19545 12:58:25,040 --> 12:58:28,320 cost is a reason that some people 19546 12:58:26,480 --> 12:58:30,916 abandon cart and those are just two 19547 12:58:28,320 --> 12:58:33,800 examples so there's a lot of other ones 19548 12:58:30,916 --> 12:58:37,000 like here I'll let's do one last 19549 12:58:33,800 --> 12:58:39,320 one duplicate and this one is just going 19550 12:58:37,000 --> 12:58:41,916 to be what website visitors so this is 19551 12:58:39,320 --> 12:58:44,560 just going to be everybody and our goal 19552 12:58:41,916 --> 12:58:47,596 for this ad is just going to be like 19553 12:58:44,560 --> 12:58:50,680 building trust so we're going to do 19554 12:58:47,596 --> 12:58:53,596 website visitors so website anybody 19555 12:58:50,680 --> 12:58:56,840 who's been to the site in the past 180 19556 12:58:53,596 --> 12:59:00,720 days but we're going to show them build 19557 12:58:56,840 --> 12:59:03,080 trust we're going to show them this 19558 12:59:00,720 --> 12:59:05,116 which these bullet points uh I think I 19559 12:59:03,080 --> 12:59:08,436 wrote These originally for yoga St so if 19560 12:59:05,116 --> 12:59:11,240 you don't have tank tops and BX like we 19561 12:59:08,436 --> 12:59:13,756 don't just going to delete that it's 19562 12:59:11,240 --> 12:59:16,200 that simple all the stuff that I'm that 19563 12:59:13,756 --> 12:59:18,000 we're learning in ads and the rest of 19564 12:59:16,200 --> 12:59:20,560 this course is just stuff that's worked 19565 12:59:18,000 --> 12:59:23,000 for me that can hopefully work for you 19566 12:59:20,560 --> 12:59:24,916 but do your own research try your own 19567 12:59:23,000 --> 12:59:27,000 stuff out this is not an exact science 19568 12:59:24,916 --> 12:59:29,040 by any means just hopefully jump 19569 12:59:27,000 --> 12:59:31,116 starting jump starting your growth okay 19570 12:59:29,040 --> 12:59:32,560 so so we're telling them again back to 19571 12:59:31,116 --> 12:59:34,800 the main reasons that somebody wouldn't 19572 12:59:32,560 --> 12:59:37,116 buy it they ask questions like is the 19573 12:59:34,800 --> 12:59:39,240 product quality can I trust this place 19574 12:59:37,116 --> 12:59:41,436 how long is it going to take take uh 19575 12:59:39,240 --> 12:59:42,756 have other people bought it who is this 19576 12:59:41,436 --> 12:59:44,480 company all those things are running 19577 12:59:42,756 --> 12:59:46,276 through a customer's mind so we're just 19578 12:59:44,480 --> 12:59:47,680 telling them yes it's high quality 19579 12:59:46,276 --> 12:59:49,596 shipped from the United States so you 19580 12:59:47,680 --> 12:59:51,880 get it quickly 30-day money back 19581 12:59:49,596 --> 12:59:54,480 guarantee so if you don't like it no 19582 12:59:51,880 --> 12:59:56,116 worries uh we're a us-based company 19583 12:59:54,480 --> 12:59:57,916 which that builds a lot of trust knowing 19584 12:59:56,116 --> 13:00:00,436 that we're not like some Chinese drop 19585 12:59:57,916 --> 13:00:02,640 shipper and obviously there's a million 19586 13:00:00,436 --> 13:00:04,840 different bullets that you could hit on 19587 13:00:02,640 --> 13:00:06,520 like uh different deals you're running 19588 13:00:04,840 --> 13:00:08,276 number of customers you've sold to 19589 13:00:06,520 --> 13:00:10,000 number of products you've sold if you 19590 13:00:08,276 --> 13:00:12,480 have uh I don't know any other product 19591 13:00:10,000 --> 13:00:14,720 features if you have a new product line 19592 13:00:12,480 --> 13:00:16,596 and these are tailored mostly towards 19593 13:00:14,720 --> 13:00:18,200 like t-shirt paint points if you're 19594 13:00:16,596 --> 13:00:20,756 selling a higher price point product 19595 13:00:18,200 --> 13:00:22,520 like if I was selling a like if I was 19596 13:00:20,756 --> 13:00:24,520 selling like a cold plunge for example 19597 13:00:22,520 --> 13:00:27,360 that's like 5 to six grand my 19598 13:00:24,520 --> 13:00:29,360 retargeting sequences would be insane 19599 13:00:27,360 --> 13:00:31,480 compared to what we're doing for 19600 13:00:29,360 --> 13:00:34,160 t-shirts t-shirts are impulse buys 19601 13:00:31,480 --> 13:00:36,560 extremely cheap like you don't need to 19602 13:00:34,160 --> 13:00:39,680 like have 7 10 15 touch points before 19603 13:00:36,560 --> 13:00:42,360 you get a purchase for a 5 to $10,000 19604 13:00:39,680 --> 13:00:45,160 purchase like cold plunges for example 19605 13:00:42,360 --> 13:00:46,840 or like a Enterprise level software 19606 13:00:45,160 --> 13:00:48,596 that's where your retargeting has to 19607 13:00:46,840 --> 13:00:50,916 ratchet up a lot because there's a lot 19608 13:00:48,596 --> 13:00:53,000 more reasons for somebody to not buy and 19609 13:00:50,916 --> 13:00:55,276 you have to allay all of those pain 19610 13:00:53,000 --> 13:00:56,956 points before somebody trust you enough 19611 13:00:55,276 --> 13:00:58,320 so big companies that are selling high 19612 13:00:56,956 --> 13:01:00,040 priced products they have to do much 19613 13:00:58,320 --> 13:01:02,400 more advanced retargeting than what 19614 13:01:00,040 --> 13:01:04,080 we're doing we're fortunate in so far as 19615 13:01:02,400 --> 13:01:06,320 we're just selling something pretty 19616 13:01:04,080 --> 13:01:08,276 basic it's easy for people to like get 19617 13:01:06,320 --> 13:01:09,680 their head around making the decision so 19618 13:01:08,276 --> 13:01:14,560 that's why we're able to get away with 19619 13:01:09,680 --> 13:01:16,756 pretty basic like retargeting like this 19620 13:01:14,560 --> 13:01:18,400 but anyway I digress not going to do 19621 13:01:16,756 --> 13:01:20,116 cart is waiting cuz this isn't an 19622 13:01:18,400 --> 13:01:22,160 abandoned cart 19623 13:01:20,116 --> 13:01:25,160 email uh I'll just 19624 13:01:22,160 --> 13:01:25,160 do 19625 13:01:25,680 --> 13:01:30,200 stars so if you have any purchases you 19626 13:01:28,040 --> 13:01:32,840 could do something like that we 19627 13:01:30,200 --> 13:01:34,756 unfortunately do not yet so I'm just 19628 13:01:32,840 --> 13:01:38,240 going to 19629 13:01:34,756 --> 13:01:41,320 do oh this hitting at the the side your 19630 13:01:38,240 --> 13:01:44,116 product catalog is also a good good 19631 13:01:41,320 --> 13:01:46,640 angle 100 19632 13:01:44,116 --> 13:01:49,080 plus I don't love that but you get the 19633 13:01:46,640 --> 13:01:51,276 point so you could add a headline option 19634 13:01:49,080 --> 13:01:52,880 and like kind of split test it but I 19635 13:01:51,276 --> 13:01:56,160 don't normally do that for retargeting 19636 13:01:52,880 --> 13:01:58,200 because they don't spend nearly as much 19637 13:01:56,160 --> 13:02:00,240 okay so that was the hot retargeting 19638 13:01:58,200 --> 13:02:01,916 then I would do so that's people that 19639 13:02:00,240 --> 13:02:04,240 have been to the website added to cart 19640 13:02:01,916 --> 13:02:06,520 view content that kind of thing uh I 19641 13:02:04,240 --> 13:02:09,680 would then set up those same audiences 19642 13:02:06,520 --> 13:02:11,160 for or same types of campaigns for warm 19643 13:02:09,680 --> 13:02:13,916 so people have just engaged with our 19644 13:02:11,160 --> 13:02:17,040 page post ads been to our Facebook page 19645 13:02:13,916 --> 13:02:19,436 liked it or viewed a video I would put 19646 13:02:17,040 --> 13:02:21,360 them in a separate audience and so 19647 13:02:19,436 --> 13:02:22,756 hopefully this has helped show you like 19648 13:02:21,360 --> 13:02:24,436 step by step how to set up your own 19649 13:02:22,756 --> 13:02:25,400 retargeting campaigns you have a better 19650 13:02:24,436 --> 13:02:28,040 understanding of why they're so 19651 13:02:25,400 --> 13:02:30,040 effective and it's just leaving money on 19652 13:02:28,040 --> 13:02:32,040 the table by not setting these up and I 19653 13:02:30,040 --> 13:02:34,240 didn't for the longest time so hopefully 19654 13:02:32,040 --> 13:02:36,880 this video made you some some quick easy 19655 13:02:34,240 --> 13:02:39,250 cash if you're already running ads and 19656 13:02:36,880 --> 13:02:47,740 thanks for watching I'll see you 19657 13:02:39,250 --> 13:02:47,740 [Music] 19658 13:02:50,320 --> 13:02:54,640 soon this lesson I'm going to show you 19659 13:02:52,560 --> 13:02:57,436 one of my favorite free tools when it 19660 13:02:54,640 --> 13:03:00,116 comes to running Facebook ads and this 19661 13:02:57,436 --> 13:03:03,560 is a tool that saved me uh a ton of 19662 13:03:00,116 --> 13:03:06,560 money and time and helped me get my ads 19663 13:03:03,560 --> 13:03:09,640 from zero to profitable so much faster 19664 13:03:06,560 --> 13:03:12,040 than before I started using it and 19665 13:03:09,640 --> 13:03:14,240 luckily it's brought To Us by pretty 19666 13:03:12,040 --> 13:03:16,480 reliable source it's Facebook and it's 19667 13:03:14,240 --> 13:03:20,276 called the Facebook ad library and to 19668 13:03:16,480 --> 13:03:22,200 get here you just go to facebook.com 19669 13:03:20,276 --> 13:03:25,200 slads 19670 13:03:22,200 --> 13:03:27,276 library and this library is pretty cool 19671 13:03:25,200 --> 13:03:30,200 because it allows us to see every single 19672 13:03:27,276 --> 13:03:32,680 ad that is currently running on 19673 13:03:30,200 --> 13:03:35,240 Facebook's platform this includes all 19674 13:03:32,680 --> 13:03:37,360 the competition every business that's on 19675 13:03:35,240 --> 13:03:40,756 the platform if they're running ads we 19676 13:03:37,360 --> 13:03:42,796 can see see them here so uh when you 19677 13:03:40,756 --> 13:03:46,596 navigate to that URL that I just 19678 13:03:42,796 --> 13:03:47,916 mentioned given the option to uh filter 19679 13:03:46,596 --> 13:03:50,400 by country I'm just going to look at the 19680 13:03:47,916 --> 13:03:52,200 United States for now you can do all and 19681 13:03:50,400 --> 13:03:53,956 then there's an ad category a lot of 19682 13:03:52,200 --> 13:03:55,916 people miss this you have to make sure 19683 13:03:53,956 --> 13:03:59,240 that it's set to all 19684 13:03:55,916 --> 13:04:01,040 ads sometimes it it defaults to like 19685 13:03:59,240 --> 13:04:03,400 politics because that that was the 19686 13:04:01,040 --> 13:04:04,956 original reason that they made this was 19687 13:04:03,400 --> 13:04:06,756 to be able to see like who's running 19688 13:04:04,956 --> 13:04:08,916 political ads if you remember a couple 19689 13:04:06,756 --> 13:04:12,080 years ago Facebook in trouble for like 19690 13:04:08,916 --> 13:04:14,400 Russia meddling in the election so they 19691 13:04:12,080 --> 13:04:17,116 made this for more transparency but we 19692 13:04:14,400 --> 13:04:19,116 can use it to see how we make good ads 19693 13:04:17,116 --> 13:04:21,796 that's the goal so what I'm going to do 19694 13:04:19,116 --> 13:04:23,680 for just an example is go look at 19695 13:04:21,796 --> 13:04:28,040 another print on demand apparel site 19696 13:04:23,680 --> 13:04:31,000 busted teas so I search for here's their 19697 13:04:28,040 --> 13:04:33,796 page you can look up their Facebook page 19698 13:04:31,000 --> 13:04:35,680 and here what I'm looking at is a list 19699 13:04:33,796 --> 13:04:38,520 of all of the ads that they are 19700 13:04:35,680 --> 13:04:41,040 currently running so we can see all the 19701 13:04:38,520 --> 13:04:43,320 ads that they're running here we can see 19702 13:04:41,040 --> 13:04:46,560 their ad copy we can see their 19703 13:04:43,320 --> 13:04:48,916 creative see the headlines uh the link 19704 13:04:46,560 --> 13:04:51,200 descriptions and then we can even click 19705 13:04:48,916 --> 13:04:53,400 through and see what their landing page 19706 13:04:51,200 --> 13:04:56,400 looks like that they're sending people 19707 13:04:53,400 --> 13:04:58,720 to and again it's really important to 19708 13:04:56,400 --> 13:05:00,436 note not just those variables but always 19709 13:04:58,720 --> 13:05:03,116 keep an eye on what are they actually 19710 13:05:00,436 --> 13:05:05,000 selling what's the price point why would 19711 13:05:03,116 --> 13:05:07,240 people like this product what's the 19712 13:05:05,000 --> 13:05:09,320 niche that kind of thing but within the 19713 13:05:07,240 --> 13:05:11,916 scope of ads specifically things that I 19714 13:05:09,320 --> 13:05:15,436 like to look at are first of all how 19715 13:05:11,916 --> 13:05:17,880 many of these ads are currently running 19716 13:05:15,436 --> 13:05:21,596 like here it says two ads using this 19717 13:05:17,880 --> 13:05:24,756 creative and text if an ad if if a 19718 13:05:21,596 --> 13:05:27,240 creative and AD copy is being used on 19719 13:05:24,756 --> 13:05:29,360 like 5 10 15 ads then that's a really 19720 13:05:27,240 --> 13:05:30,640 good sign that it's a winning 19721 13:05:29,360 --> 13:05:34,640 combination there's something that I can 19722 13:05:30,640 --> 13:05:38,360 look at there um then I can see that 19723 13:05:34,640 --> 13:05:40,640 they're also using Carousel ads 19724 13:05:38,360 --> 13:05:42,880 um but then the most important thing to 19725 13:05:40,640 --> 13:05:45,360 be looking at is how long has the ad 19726 13:05:42,880 --> 13:05:46,880 been running so these honestly aren't 19727 13:05:45,360 --> 13:05:48,796 that good of examples I wouldn't really 19728 13:05:46,880 --> 13:05:50,520 take a whole lot from this if I was 19729 13:05:48,796 --> 13:05:52,436 looking at it for my store because it's 19730 13:05:50,520 --> 13:05:55,916 only started running on April 2nd Which 19731 13:05:52,436 --> 13:05:58,080 is less than a week ago so if but if 19732 13:05:55,916 --> 13:05:59,840 there are ads that says that it's being 19733 13:05:58,080 --> 13:06:01,560 used in a bunch of different placement 19734 13:05:59,840 --> 13:06:03,360 like five or 10 different ads are using 19735 13:06:01,560 --> 13:06:05,116 that creative and copy that's a good 19736 13:06:03,360 --> 13:06:07,720 sign and then second good sign is if 19737 13:06:05,116 --> 13:06:09,320 it's been running for a month or longer 19738 13:06:07,720 --> 13:06:11,400 it's been running for a month or longer 19739 13:06:09,320 --> 13:06:13,720 you know that that Advertiser would not 19740 13:06:11,400 --> 13:06:16,000 continue running that ad for such a long 19741 13:06:13,720 --> 13:06:18,200 period of time if it wasn't making money 19742 13:06:16,000 --> 13:06:20,040 unless they're like a giant brand like 19743 13:06:18,200 --> 13:06:23,000 Coca-Cola or something where they just 19744 13:06:20,040 --> 13:06:24,560 have money to blow then that's a 19745 13:06:23,000 --> 13:06:27,680 different story but if it's a print on 19746 13:06:24,560 --> 13:06:30,560 demand brand like one of these then it's 19747 13:06:27,680 --> 13:06:32,680 a pretty good bet that it's a profitable 19748 13:06:30,560 --> 13:06:35,400 ad all right here's a good one so 19749 13:06:32,680 --> 13:06:38,160 teepublic.com another one of the big 19750 13:06:35,400 --> 13:06:40,680 brands that was on the mirror board see 19751 13:06:38,160 --> 13:06:44,040 the ads that they're running it was just 19752 13:06:40,680 --> 13:06:46,796 plain background simple offer ad copy 19753 13:06:44,040 --> 13:06:48,080 that's not that great honestly and 19754 13:06:46,796 --> 13:06:50,880 something else you have to keep in mind 19755 13:06:48,080 --> 13:06:52,276 is that some companies they're very com 19756 13:06:50,880 --> 13:06:54,520 especially bigger companies they're very 19757 13:06:52,276 --> 13:06:56,436 comfortable running their ads at a loss 19758 13:06:54,520 --> 13:06:58,276 so take what you find in here with 19759 13:06:56,436 --> 13:07:01,880 somewhat of a grain of salt unless you 19760 13:06:58,276 --> 13:07:04,400 see it across multiple Brands cuz you 19761 13:07:01,880 --> 13:07:07,956 know I'd be willing to bet like this ad 19762 13:07:04,400 --> 13:07:10,840 no way this is doing anything for them 19763 13:07:07,956 --> 13:07:13,160 like it's unless if the design is really 19764 13:07:10,840 --> 13:07:15,956 good which that is somewhat creative but 19765 13:07:13,160 --> 13:07:18,080 like no Emojis doesn't grab you like 19766 13:07:15,956 --> 13:07:21,320 their logo is even black and white then 19767 13:07:18,080 --> 13:07:22,840 down here like it's a white image no 19768 13:07:21,320 --> 13:07:24,116 Emoji down here like nothing really 19769 13:07:22,840 --> 13:07:26,640 jumps out and makes you want to stop 19770 13:07:24,116 --> 13:07:28,756 scrolling so I I have a hard time 19771 13:07:26,640 --> 13:07:31,720 believing that that ad is doing that 19772 13:07:28,756 --> 13:07:35,596 well for them whereas something like 19773 13:07:31,720 --> 13:07:37,640 this it's got emojis bullet points at 19774 13:07:35,596 --> 13:07:39,916 least there's something there he that 19775 13:07:37,640 --> 13:07:43,680 like aren't too 19776 13:07:39,916 --> 13:07:45,520 amazing but if I was you and I was just 19777 13:07:43,680 --> 13:07:47,840 getting started with advertising and 19778 13:07:45,520 --> 13:07:50,520 getting used to it trying to brainstorm 19779 13:07:47,840 --> 13:07:52,160 some ideas I would look at one start 19780 13:07:50,520 --> 13:07:54,360 with the mirror board we already 19781 13:07:52,160 --> 13:07:57,360 captured ads from 10 different companies 19782 13:07:54,360 --> 13:07:59,000 on there for you but uh I would just 19783 13:07:57,360 --> 13:08:01,480 spend time in the ad library and see 19784 13:07:59,000 --> 13:08:03,200 what big brands are doing small Brands 19785 13:08:01,480 --> 13:08:05,756 just look all 19786 13:08:03,200 --> 13:08:09,080 over and get some ideas 19787 13:08:05,756 --> 13:08:11,796 for uh for yourself but like I've 19788 13:08:09,080 --> 13:08:13,560 mentioned a great starting point is for 19789 13:08:11,796 --> 13:08:15,200 your ad creative at least is just using 19790 13:08:13,560 --> 13:08:17,720 your mockup images assuming that they 19791 13:08:15,200 --> 13:08:20,480 look really good uh and using it in 19792 13:08:17,720 --> 13:08:23,240 videos slideshows carousels all that 19793 13:08:20,480 --> 13:08:25,400 kind of stuff but anyway there you have 19794 13:08:23,240 --> 13:08:27,320 it this is the Facebook ad Library use 19795 13:08:25,400 --> 13:08:28,756 it when you need some inspiration well 19796 13:08:27,320 --> 13:08:31,880 that's it for this lesson I'll talk to 19797 13:08:28,756 --> 13:08:31,880 you soon 19798 13:08:31,940 --> 13:08:37,699 [Music] 19799 13:08:41,360 --> 13:08:45,400 this lesson we're going to be exploring 19800 13:08:43,200 --> 13:08:47,276 different ways and strategies that we 19801 13:08:45,400 --> 13:08:49,796 can help protect our accounts from 19802 13:08:47,276 --> 13:08:52,240 getting banned on Facebook and take it 19803 13:08:49,796 --> 13:08:54,160 from me I've been personally banned more 19804 13:08:52,240 --> 13:08:56,320 times than I can count because I've been 19805 13:08:54,160 --> 13:08:58,320 advertising for so long on Facebook and 19806 13:08:56,320 --> 13:09:00,200 trust me I know how frustrating it can 19807 13:08:58,320 --> 13:09:02,720 be there's nothing worse than having 19808 13:09:00,200 --> 13:09:05,320 positive momentum and ads are going well 19809 13:09:02,720 --> 13:09:07,160 and then you see that horrible red bar 19810 13:09:05,320 --> 13:09:08,640 across the ad account says this account 19811 13:09:07,160 --> 13:09:11,200 has has been banned and can no longer 19812 13:09:08,640 --> 13:09:13,480 advertise it's extremely frustrating and 19813 13:09:11,200 --> 13:09:16,116 their customer support is not always the 19814 13:09:13,480 --> 13:09:17,840 most accommodating to say the very least 19815 13:09:16,116 --> 13:09:19,640 so that's why in this lesson I'm going 19816 13:09:17,840 --> 13:09:21,756 to be sharing some of the ways that I've 19817 13:09:19,640 --> 13:09:23,560 learned over the past couple of years to 19818 13:09:21,756 --> 13:09:26,080 that have helped me not get banned at 19819 13:09:23,560 --> 13:09:27,720 least not in the past you know a year or 19820 13:09:26,080 --> 13:09:29,240 so we haven't gotten any bands it used 19821 13:09:27,720 --> 13:09:31,840 to be really bad it's gotten a lot 19822 13:09:29,240 --> 13:09:33,160 better but anyway so first thing to 19823 13:09:31,840 --> 13:09:36,916 understand is the different types of 19824 13:09:33,160 --> 13:09:38,916 bands on Facebook so the lowest level is 19825 13:09:36,916 --> 13:09:40,796 your Facebook page this one's pretty 19826 13:09:38,916 --> 13:09:42,520 easy to deal with and it doesn't happen 19827 13:09:40,796 --> 13:09:44,756 too often anymore this happened a lot 19828 13:09:42,520 --> 13:09:47,956 during covid when they implemented like 19829 13:09:44,756 --> 13:09:49,276 shipping requirements like you had to uh 19830 13:09:47,956 --> 13:09:51,000 like your order had to reach your 19831 13:09:49,276 --> 13:09:53,080 customer by a certain date otherwise you 19832 13:09:51,000 --> 13:09:54,400 had a page score that would go down they 19833 13:09:53,080 --> 13:09:56,320 still have the page score but I think 19834 13:09:54,400 --> 13:09:58,436 they're slowly walking it back but 19835 13:09:56,320 --> 13:10:00,560 anyway this is the lowest level of ban 19836 13:09:58,436 --> 13:10:02,840 next your ad account can be banned then 19837 13:10:00,560 --> 13:10:04,680 your business manager which that one's 19838 13:10:02,840 --> 13:10:06,000 even worse because then you can't use 19839 13:10:04,680 --> 13:10:08,400 anything that's within the business 19840 13:10:06,000 --> 13:10:09,880 manager you can't make any changes or 19841 13:10:08,400 --> 13:10:12,560 anything you're pretty much dead in the 19842 13:10:09,880 --> 13:10:14,200 water and anything within that is also 19843 13:10:12,560 --> 13:10:16,240 screwed and then the worst of all is 19844 13:10:14,200 --> 13:10:18,360 your personal Facebook profile can be 19845 13:10:16,240 --> 13:10:21,040 banned from advertising this one it 19846 13:10:18,360 --> 13:10:23,596 doesn't happen too often but it it is a 19847 13:10:21,040 --> 13:10:25,276 possibility because where Facebook they 19848 13:10:23,596 --> 13:10:26,956 they normally start with one of the 19849 13:10:25,276 --> 13:10:29,360 lower ones like they'll ban an ad 19850 13:10:26,956 --> 13:10:30,796 account but then if they see that you're 19851 13:10:29,360 --> 13:10:33,436 spinning up another ad account just 19852 13:10:30,796 --> 13:10:35,520 doing the exact same things then they'll 19853 13:10:33,436 --> 13:10:37,680 hit you with what's called circumventing 19854 13:10:35,520 --> 13:10:40,640 policies and that's where eventually 19855 13:10:37,680 --> 13:10:42,436 they will just ban your your profile so 19856 13:10:40,640 --> 13:10:44,720 like my name Chris Heckman I'm still 19857 13:10:42,436 --> 13:10:46,680 able to log into my Facebook account but 19858 13:10:44,720 --> 13:10:48,956 I can't log in as Chris Hekman and 19859 13:10:46,680 --> 13:10:50,680 manage any ads like disabled from being 19860 13:10:48,956 --> 13:10:52,756 able to do that that's why all the ads 19861 13:10:50,680 --> 13:10:56,720 that we've run nowadays are under Meg's 19862 13:10:52,756 --> 13:10:57,756 name which uh is a little little 19863 13:10:56,720 --> 13:10:59,880 challenging because I have to like 19864 13:10:57,756 --> 13:11:01,560 remote desktop into her computer but 19865 13:10:59,880 --> 13:11:03,560 we'll talk more about that in a second 19866 13:11:01,560 --> 13:11:05,040 so reasons why advertisers get banned 19867 13:11:03,560 --> 13:11:06,436 and what we can avoid it's important to 19868 13:11:05,040 --> 13:11:07,520 understand that Facebook the reason they 19869 13:11:06,436 --> 13:11:09,720 give bans is that they're they're in the 19870 13:11:07,520 --> 13:11:12,880 business of keeping people their users 19871 13:11:09,720 --> 13:11:16,116 on the platform scrolling for as long as 19872 13:11:12,880 --> 13:11:17,880 humanly or inhumanly possible so think 19873 13:11:16,116 --> 13:11:19,480 about what does not keep people on the 19874 13:11:17,880 --> 13:11:23,480 platform well that's shady 19875 13:11:19,480 --> 13:11:26,200 advertisements scams and non-pg content 19876 13:11:23,480 --> 13:11:28,040 basically whatever uh you know whatever 19877 13:11:26,200 --> 13:11:29,916 you would see on Facebook that make make 19878 13:11:28,040 --> 13:11:32,200 you go like what the what the hell is 19879 13:11:29,916 --> 13:11:33,916 that H or if you like clicked on 19880 13:11:32,200 --> 13:11:35,520 something and it looked like a scam like 19881 13:11:33,916 --> 13:11:36,640 if it looked like a fishing email type 19882 13:11:35,520 --> 13:11:38,240 of thing if you ever saw that on 19883 13:11:36,640 --> 13:11:40,756 Facebook would give you a bad taste in 19884 13:11:38,240 --> 13:11:42,640 your mouth and make you want to go off 19885 13:11:40,756 --> 13:11:45,520 the platform not just off the platform 19886 13:11:42,640 --> 13:11:47,560 for that day but potentially forever and 19887 13:11:45,520 --> 13:11:49,916 change your perception of Facebook as a 19888 13:11:47,560 --> 13:11:51,520 brand from a legitimate site where you 19889 13:11:49,916 --> 13:11:53,400 can like connect with family and friends 19890 13:11:51,520 --> 13:11:56,400 to how Facebook nowadays is just like 19891 13:11:53,400 --> 13:11:58,080 overrun with like BS ads and stuff like 19892 13:11:56,400 --> 13:11:59,720 that that is what face that would be 19893 13:11:58,080 --> 13:12:02,080 like the kiss of death that's what 19894 13:11:59,720 --> 13:12:04,240 Facebook is so adamantly fighting 19895 13:12:02,080 --> 13:12:06,640 against and they prevent against that 19896 13:12:04,240 --> 13:12:09,040 sort of thing by having very strict and 19897 13:12:06,640 --> 13:12:10,640 often s overly strict rules and 19898 13:12:09,040 --> 13:12:12,640 requirements for advertisers to be able 19899 13:12:10,640 --> 13:12:14,840 to stay on their platform so here's how 19900 13:12:12,640 --> 13:12:16,400 to not get banned and I every time that 19901 13:12:14,840 --> 13:12:19,560 I've been banned just for the record 19902 13:12:16,400 --> 13:12:21,200 it's been because I'm doing I'm running 19903 13:12:19,560 --> 13:12:23,880 t-shirt ads pretty much something you 19904 13:12:21,200 --> 13:12:26,720 should never get banned for but it just 19905 13:12:23,880 --> 13:12:29,480 happens sometimes like they use a lot of 19906 13:12:26,720 --> 13:12:32,956 automations it's not humans reviewing 19907 13:12:29,480 --> 13:12:34,840 every account to ban every ban like 19908 13:12:32,956 --> 13:12:36,400 initial ban is triggered automatically 19909 13:12:34,840 --> 13:12:38,916 it's like something Flags in their 19910 13:12:36,400 --> 13:12:40,956 algorithm that they see a pattern in 19911 13:12:38,916 --> 13:12:43,796 your account that looks similar to what 19912 13:12:40,956 --> 13:12:46,320 they've seen like scammers or Bad actors 19913 13:12:43,796 --> 13:12:48,480 do before just one example is it could 19914 13:12:46,320 --> 13:12:50,680 be like if you a couple times have 19915 13:12:48,480 --> 13:12:52,596 gotten banned for if we have like some 19916 13:12:50,680 --> 13:12:54,240 ads that are doing well I'll go like 19917 13:12:52,596 --> 13:12:56,400 I'll go crazy and I'll just make a ton 19918 13:12:54,240 --> 13:12:58,796 of campaigns like I'll launch a ton of 19919 13:12:56,400 --> 13:13:01,840 ads ton of AD sets a lot of campaigns 19920 13:12:58,796 --> 13:13:03,796 all at once hit publish and before any 19921 13:13:01,840 --> 13:13:06,116 of them are in review they all get 19922 13:13:03,796 --> 13:13:09,000 dumped in at once and Facebook's 19923 13:13:06,116 --> 13:13:11,436 identified a pattern that bad actors 19924 13:13:09,000 --> 13:13:13,596 tend to try to overwhelm the system get 19925 13:13:11,436 --> 13:13:17,116 a ton of ads out quickly so they can 19926 13:13:13,596 --> 13:13:19,880 ramp up scale before they get caught so 19927 13:13:17,116 --> 13:13:21,480 they start preventing that by anytime 19928 13:13:19,880 --> 13:13:24,240 they see somebody come in and start 19929 13:13:21,480 --> 13:13:26,720 dumping ads into their ad account they 19930 13:13:24,240 --> 13:13:29,000 flag the account ban it and then wait 19931 13:13:26,720 --> 13:13:31,400 for a human to review it that's just one 19932 13:13:29,000 --> 13:13:33,520 example of how completely legitimate 19933 13:13:31,400 --> 13:13:35,080 accounts like us and like what you're 19934 13:13:33,520 --> 13:13:37,400 going to be doing can end up getting 19935 13:13:35,080 --> 13:13:40,200 banned it's frustrating but here's how 19936 13:13:37,400 --> 13:13:41,916 to avoid that step one is warming up 19937 13:13:40,200 --> 13:13:43,200 your ad account which we covered this in 19938 13:13:41,916 --> 13:13:45,400 a lesson so I'm not going to get into 19939 13:13:43,200 --> 13:13:47,320 details but basically show them that 19940 13:13:45,400 --> 13:13:48,720 your legitimate account dip your toes in 19941 13:13:47,320 --> 13:13:52,360 the water before we start launching 19942 13:13:48,720 --> 13:13:54,680 conversion ads next is using a VPN I use 19943 13:13:52,360 --> 13:13:56,320 expressvpn I'll leave a link somewhere 19944 13:13:54,680 --> 13:13:58,480 around this video but we use that for a 19945 13:13:56,320 --> 13:14:00,560 couple of reasons mainly cuz if we 19946 13:13:58,480 --> 13:14:02,200 travel we like to be able to if you 19947 13:14:00,560 --> 13:14:03,880 travel like to another country say I'm 19948 13:14:02,200 --> 13:14:05,916 based in the United States and I go to 19949 13:14:03,880 --> 13:14:08,956 Mexico for a week if Facebook sees you 19950 13:14:05,916 --> 13:14:11,040 logging in in New York City consistently 19951 13:14:08,956 --> 13:14:13,560 every day then they see you logging in 19952 13:14:11,040 --> 13:14:15,160 in Cancun they see that they're also 19953 13:14:13,560 --> 13:14:17,520 trying to prevent against hacked 19954 13:14:15,160 --> 13:14:19,596 accounts so if they see you're logging 19955 13:14:17,520 --> 13:14:21,916 in from a New York IP and then you 19956 13:14:19,596 --> 13:14:24,720 suddenly log in from a Mexico IP it's a 19957 13:14:21,916 --> 13:14:26,796 quick way to get banned so we use a VPN 19958 13:14:24,720 --> 13:14:28,320 which is a virtual proxy Network I think 19959 13:14:26,796 --> 13:14:30,756 is what the acronym stands for which 19960 13:14:28,320 --> 13:14:32,680 basically just lets us look like we're 19961 13:14:30,756 --> 13:14:34,880 always coming from the same place so I 19962 13:14:32,680 --> 13:14:37,680 can show you here's what our VPN looks 19963 13:14:34,880 --> 13:14:41,116 like so expressvpn right now now I'm in 19964 13:14:37,680 --> 13:14:43,480 Austin Texas but I can change my current 19965 13:14:41,116 --> 13:14:45,436 location to anywhere anywhere in the 19966 13:14:43,480 --> 13:14:47,520 world so side note this is also a cool 19967 13:14:45,436 --> 13:14:50,480 way to get access to you know how like 19968 13:14:47,520 --> 13:14:53,040 Netflix and other streaming services 19969 13:14:50,480 --> 13:14:55,160 have different cataloges of videos for 19970 13:14:53,040 --> 13:14:57,000 each market because like the licensing 19971 13:14:55,160 --> 13:14:58,916 they get for each show but anyway you're 19972 13:14:57,000 --> 13:15:00,956 able to say there's a show in the UK 19973 13:14:58,916 --> 13:15:03,436 like if you want to watch the UK office 19974 13:15:00,956 --> 13:15:06,240 you go open up your VPN switch to 19975 13:15:03,436 --> 13:15:08,796 somewhere in the UK then log in Netflix 19976 13:15:06,240 --> 13:15:10,640 you're able to watch those shows it's a 19977 13:15:08,796 --> 13:15:13,320 complete side note but anyway it's very 19978 13:15:10,640 --> 13:15:15,436 easy to set up and if I just turn this 19979 13:15:13,320 --> 13:15:17,880 off then it cuts off my internet and 19980 13:15:15,436 --> 13:15:21,640 then if I reconnect I'm browsing under 19981 13:15:17,880 --> 13:15:24,720 the VPN so pretty easy to use recommend 19982 13:15:21,640 --> 13:15:27,596 getting one of those set up uh next is 19983 13:15:24,720 --> 13:15:30,436 don't add anybody to your account this 19984 13:15:27,596 --> 13:15:32,320 this is like being having an abundance 19985 13:15:30,436 --> 13:15:34,480 of caution but don't add additional 19986 13:15:32,320 --> 13:15:36,720 people to your business manager or page 19987 13:15:34,480 --> 13:15:40,200 if you can avoid it at all this is what 19988 13:15:36,720 --> 13:15:42,596 we we do uh because if that person has 19989 13:15:40,200 --> 13:15:44,080 ever been associated with like an 19990 13:15:42,596 --> 13:15:46,796 account that's gotten banned their 19991 13:15:44,080 --> 13:15:49,520 reputation now gets copy pasted over to 19992 13:15:46,796 --> 13:15:51,796 your account and more than that if we 19993 13:15:49,520 --> 13:15:53,680 had an instance like a year ago or two 19994 13:15:51,796 --> 13:15:55,520 years ago now where somebody that was 19995 13:15:53,680 --> 13:15:57,596 added to our business manager their 19996 13:15:55,520 --> 13:15:59,040 personal profile got hacked and because 19997 13:15:57,596 --> 13:16:00,880 they were an admin on our business 19998 13:15:59,040 --> 13:16:03,116 manager the hacker who was in their 19999 13:16:00,880 --> 13:16:04,720 profile was then able to get into the 20000 13:16:03,116 --> 13:16:06,276 business manager and change all the 20001 13:16:04,720 --> 13:16:09,240 settings because that person also didn't 20002 13:16:06,276 --> 13:16:12,520 have two setup two Factor authentication 20003 13:16:09,240 --> 13:16:14,840 so by adding people you're just opening 20004 13:16:12,520 --> 13:16:18,276 yourself up to more risk down the road 20005 13:16:14,840 --> 13:16:20,596 as you are trying to hire people we use 20006 13:16:18,276 --> 13:16:23,200 different softwares to work around that 20007 13:16:20,596 --> 13:16:25,756 like HootSuite we're able to add our 20008 13:16:23,200 --> 13:16:27,320 team of vas to HootSuite to be able to 20009 13:16:25,756 --> 13:16:28,756 manage like comments and that sort of 20010 13:16:27,320 --> 13:16:31,116 thing without adding them to the 20011 13:16:28,756 --> 13:16:33,200 business manager directly next is don't 20012 13:16:31,116 --> 13:16:34,360 use the same credit card as a card 20013 13:16:33,200 --> 13:16:35,640 that's already been banned on a 20014 13:16:34,360 --> 13:16:38,360 different account that's a way that 20015 13:16:35,640 --> 13:16:41,596 they'll easily link the two we use 20016 13:16:38,360 --> 13:16:44,276 Virtual cards such as Capital One uh 2% 20017 13:16:41,596 --> 13:16:47,080 cash back spark card has what's called 20018 13:16:44,276 --> 13:16:48,840 Eno Eno which is a virtual card that we 20019 13:16:47,080 --> 13:16:50,596 just link it to our account and it's 20020 13:16:48,840 --> 13:16:53,080 able to generate a new card number 20021 13:16:50,596 --> 13:16:55,560 anytime we open up a new account you can 20022 13:16:53,080 --> 13:16:58,796 use it other people use normal people 20023 13:16:55,560 --> 13:17:00,680 use it for like um shopping on sites and 20024 13:16:58,796 --> 13:17:02,796 that sort of thing but that's a good way 20025 13:17:00,680 --> 13:17:04,756 to make sure you don't get banned next 20026 13:17:02,796 --> 13:17:06,480 is make sure that all charges will go 20027 13:17:04,756 --> 13:17:08,680 through on your credit card this is a 20028 13:17:06,480 --> 13:17:11,200 big one especially with new accounts the 20029 13:17:08,680 --> 13:17:13,756 worst thing you can have happen is for 20030 13:17:11,200 --> 13:17:16,560 uh a charge one of the early preliminary 20031 13:17:13,756 --> 13:17:19,200 charges go through and your credit card 20032 13:17:16,560 --> 13:17:20,596 rejected for obvious reasons Facebook 20033 13:17:19,200 --> 13:17:23,840 does not like that and they view that as 20034 13:17:20,596 --> 13:17:25,520 a big red flag and a lot of times cards 20035 13:17:23,840 --> 13:17:27,000 even if you have enough limit and you 20036 13:17:25,520 --> 13:17:29,880 have cash in the bank whatever kind of 20037 13:17:27,000 --> 13:17:32,200 card it is it's worthwhile to call that 20038 13:17:29,880 --> 13:17:35,436 bank or call that credit card company 20039 13:17:32,200 --> 13:17:38,040 and get them to pre-authorize meta or 20040 13:17:35,436 --> 13:17:40,200 Facebook as a vendor that you're going 20041 13:17:38,040 --> 13:17:42,240 to be bringing in charges from because 20042 13:17:40,200 --> 13:17:45,360 if you've never run Facebook ads before 20043 13:17:42,240 --> 13:17:47,320 then you run up some meta ads your 20044 13:17:45,360 --> 13:17:49,956 credit card a lot of time like AMX will 20045 13:17:47,320 --> 13:17:51,680 even do this they will flag it as 20046 13:17:49,956 --> 13:17:53,360 fraudulent so call your credit card 20047 13:17:51,680 --> 13:17:54,880 company and make sure that the charge is 20048 13:17:53,360 --> 13:17:57,436 going to go through next is using a 20049 13:17:54,880 --> 13:17:59,436 Facebook profile that has history like 20050 13:17:57,436 --> 13:18:00,796 if you're you can't just make a brand 20051 13:17:59,436 --> 13:18:02,796 new say you get banned and you just make 20052 13:18:00,796 --> 13:18:05,520 a new Facebook profile like if I make 20053 13:18:02,796 --> 13:18:07,320 Chris Heckman 2 I just add a profile 20054 13:18:05,520 --> 13:18:09,720 picture I can't then just go make 20055 13:18:07,320 --> 13:18:11,116 business managers cuz Facebook Facebook 20056 13:18:09,720 --> 13:18:13,956 is smarter than that they realized that 20057 13:18:11,116 --> 13:18:17,640 workaround years ago you have to use a 20058 13:18:13,956 --> 13:18:19,320 profile that has actually had history so 20059 13:18:17,640 --> 13:18:22,040 that somebody has been posting on they 20060 13:18:19,320 --> 13:18:24,720 have friends they have you know comments 20061 13:18:22,040 --> 13:18:26,796 and stuff that they you know they've 20062 13:18:24,720 --> 13:18:27,840 it's not just a shell of an account next 20063 13:18:26,796 --> 13:18:29,756 I already mentioned this but don't 20064 13:18:27,840 --> 13:18:31,680 launch a ton of ads at the same time and 20065 13:18:29,756 --> 13:18:35,320 don't break terms of service so don't 20066 13:18:31,680 --> 13:18:37,596 run ads for drugs like even like weed 20067 13:18:35,320 --> 13:18:39,400 CBD all that kind of stuff is gray area 20068 13:18:37,596 --> 13:18:40,680 don't do it politics they're very strict 20069 13:18:39,400 --> 13:18:42,080 about you have to go jump through a 20070 13:18:40,680 --> 13:18:44,596 bunch of Hoops you get verified to be 20071 13:18:42,080 --> 13:18:46,320 able to do that and don't do any over 20072 13:18:44,596 --> 13:18:49,400 thee toop discounts like you can't run 20073 13:18:46,320 --> 13:18:51,956 an offer saying flash sale 99% off 20074 13:18:49,400 --> 13:18:53,796 Facebook will ban you for that too so if 20075 13:18:51,956 --> 13:18:55,520 you do get banned unfortunately which 20076 13:18:53,796 --> 13:18:57,956 will probably happen at some point or 20077 13:18:55,520 --> 13:18:59,640 another it's frustrating but it happens 20078 13:18:57,956 --> 13:19:01,360 first thing you want to do is check the 20079 13:18:59,640 --> 13:19:02,880 notifications and see what caused the 20080 13:19:01,360 --> 13:19:04,116 ban if it's a brand new account there's 20081 13:19:02,880 --> 13:19:06,160 a good chance they just need you to 20082 13:19:04,116 --> 13:19:09,116 verify yourself and then you'll be fine 20083 13:19:06,160 --> 13:19:11,640 it'll get instantly reactivated but if 20084 13:19:09,116 --> 13:19:13,596 that's not the cause submit an appeal if 20085 13:19:11,640 --> 13:19:15,796 you can and you want to chat with their 20086 13:19:13,596 --> 13:19:17,916 support and send a message such as this 20087 13:19:15,796 --> 13:19:20,320 I've used this exact script A lot of 20088 13:19:17,916 --> 13:19:22,680 times in the past but I won't read it 20089 13:19:20,320 --> 13:19:24,436 all but you're basically just 20090 13:19:22,680 --> 13:19:26,680 apologizing profusely saying you're a 20091 13:19:24,436 --> 13:19:29,200 legitimate company and you can just copy 20092 13:19:26,680 --> 13:19:31,400 paste this exact thing and then leave 20093 13:19:29,200 --> 13:19:33,240 your name and your phone number at the 20094 13:19:31,400 --> 13:19:34,720 bottom I don't have any direct proof 20095 13:19:33,240 --> 13:19:36,200 that adding your phone number makes a 20096 13:19:34,720 --> 13:19:38,240 difference but if I was the customer 20097 13:19:36,200 --> 13:19:39,480 service up reading that I see somebody 20098 13:19:38,240 --> 13:19:41,040 putting their phone number I know that 20099 13:19:39,480 --> 13:19:43,240 they're serious and they're not just 20100 13:19:41,040 --> 13:19:45,040 some bser so this exact script has 20101 13:19:43,240 --> 13:19:48,680 gotten my accounts 20102 13:19:45,040 --> 13:19:50,916 back on numerous occasions but if that 20103 13:19:48,680 --> 13:19:53,480 doesn't work say you submit an appeal 20104 13:19:50,916 --> 13:19:55,680 and like Meg for example when she she 20105 13:19:53,480 --> 13:19:57,240 got banned because some somebody in her 20106 13:19:55,680 --> 13:19:59,560 business manager got hacked business 20107 13:19:57,240 --> 13:20:02,000 manager person got in and started 20108 13:19:59,560 --> 13:20:04,200 running up ads to their own store which 20109 13:20:02,000 --> 13:20:06,040 was like a BS offer Facebook saw that 20110 13:20:04,200 --> 13:20:07,680 got flagged and the business manager 20111 13:20:06,040 --> 13:20:09,436 went down at account went down she had a 20112 13:20:07,680 --> 13:20:11,436 bunch like thousands of dollars in ad 20113 13:20:09,436 --> 13:20:14,320 spend on her AMX card which she was able 20114 13:20:11,436 --> 13:20:16,560 to call AMX and get that washed away but 20115 13:20:14,320 --> 13:20:18,200 then she submitted an appeal heard 20116 13:20:16,560 --> 13:20:21,200 nothing back sent that message still 20117 13:20:18,200 --> 13:20:22,480 heard nothing back and super frustrating 20118 13:20:21,200 --> 13:20:24,596 because she got hacked like she's the 20119 13:20:22,480 --> 13:20:26,080 victim of something bad happening you 20120 13:20:24,596 --> 13:20:29,080 would think Facebook would look into it 20121 13:20:26,080 --> 13:20:30,796 and give it back it's now going on like 20122 13:20:29,080 --> 13:20:33,320 like I said two years now it's still 20123 13:20:30,796 --> 13:20:36,276 have not gotten that account back and so 20124 13:20:33,320 --> 13:20:39,640 then we're left with the nuclear option 20125 13:20:36,276 --> 13:20:41,596 which is is a complete fresh restart and 20126 13:20:39,640 --> 13:20:44,320 I've done gone this route a couple times 20127 13:20:41,596 --> 13:20:46,116 too which Step One is get a friend or 20128 13:20:44,320 --> 13:20:49,116 family members Facebook account the key 20129 13:20:46,116 --> 13:20:51,520 thing is do not log into that account on 20130 13:20:49,116 --> 13:20:54,240 your existing like Chrome profile if you 20131 13:20:51,520 --> 13:20:56,400 want to be as safe as humanly possible 20132 13:20:54,240 --> 13:20:58,360 get a brand new computer but you can't 20133 13:20:56,400 --> 13:21:00,080 just log in on their profile under the 20134 13:20:58,360 --> 13:21:02,596 same computer Facebook will link those 20135 13:21:00,080 --> 13:21:04,480 two together so that's why I never log 20136 13:21:02,596 --> 13:21:07,160 into Meg's Facebook account on my 20137 13:21:04,480 --> 13:21:09,276 computer I always do it on her desktop 20138 13:21:07,160 --> 13:21:11,520 so yeah get a new laptop or computer get 20139 13:21:09,276 --> 13:21:13,000 a new credit card number virtual cards 20140 13:21:11,520 --> 13:21:14,840 work fine and the goal of all these 20141 13:21:13,000 --> 13:21:17,360 steps we're going through is to come up 20142 13:21:14,840 --> 13:21:19,520 with a completely clean slate nothing 20143 13:21:17,360 --> 13:21:22,956 that Facebook can do to link you back to 20144 13:21:19,520 --> 13:21:24,880 the original account next is use a VPN 20145 13:21:22,956 --> 13:21:26,596 uh then create a brand new business 20146 13:21:24,880 --> 13:21:28,880 manager so go through all the steps we 20147 13:21:26,596 --> 13:21:31,000 walk through go to business. face.com 20148 13:21:28,880 --> 13:21:33,436 settings set up a brand new business 20149 13:21:31,000 --> 13:21:35,240 manager get a new domain that's another 20150 13:21:33,436 --> 13:21:37,080 one this one hurts a little bit more 20151 13:21:35,240 --> 13:21:39,756 especially if you've already build up 20152 13:21:37,080 --> 13:21:41,796 some momentum but uh you don't have to 20153 13:21:39,756 --> 13:21:44,080 make a completely new brand but you want 20154 13:21:41,796 --> 13:21:45,520 to get a new domain because if your old 20155 13:21:44,080 --> 13:21:47,436 ad account is driving traffic to your 20156 13:21:45,520 --> 13:21:49,596 old domain again that's another way for 20157 13:21:47,436 --> 13:21:51,560 them to link you together next is open a 20158 13:21:49,596 --> 13:21:55,400 new ad account within your new business 20159 13:21:51,560 --> 13:21:57,720 manager and run low spend super PG page 20160 13:21:55,400 --> 13:22:02,040 post engagement campaigns to warm up the 20161 13:21:57,720 --> 13:22:03,400 account with $100 is of spend so go back 20162 13:22:02,040 --> 13:22:05,840 through the warming up your account 20163 13:22:03,400 --> 13:22:08,680 lesson and just spend even more the the 20164 13:22:05,840 --> 13:22:10,240 more you spend at on super PG PPE 20165 13:22:08,680 --> 13:22:11,680 campaigns the safer you'll be but I'll 20166 13:22:10,240 --> 13:22:14,480 leave that up to you there's no magic 20167 13:22:11,680 --> 13:22:16,480 number none of this is like a guarantee 20168 13:22:14,480 --> 13:22:18,680 but this is what's worked for me and 20169 13:22:16,480 --> 13:22:21,520 never launch too many ads at once delete 20170 13:22:18,680 --> 13:22:22,916 any ads that have been rejected just if 20171 13:22:21,520 --> 13:22:24,560 you ever get a notification that an ad 20172 13:22:22,916 --> 13:22:26,916 has been rejected don't even look at 20173 13:22:24,560 --> 13:22:28,680 like why it was flagged don't try to 20174 13:22:26,916 --> 13:22:30,520 appeal it just immediately delete it 20175 13:22:28,680 --> 13:22:32,436 from the account and don't just leave it 20176 13:22:30,520 --> 13:22:34,596 there like okay I just won't use it 20177 13:22:32,436 --> 13:22:36,640 because that rejected ad that builds up 20178 13:22:34,596 --> 13:22:38,756 in the account and like your accounts 20179 13:22:36,640 --> 13:22:41,680 status or your health so just by 20180 13:22:38,756 --> 13:22:44,520 deleting it clears it away then don't 20181 13:22:41,680 --> 13:22:46,560 add anyone to your business as an user 20182 13:22:44,520 --> 13:22:48,956 uh and just keep in mind that Facebook 20183 13:22:46,560 --> 13:22:51,360 bans and unbans people all the time uh 20184 13:22:48,956 --> 13:22:54,040 for really no Rhyme or Reason it's 20185 13:22:51,360 --> 13:22:55,756 extremely frustrating but just save your 20186 13:22:54,040 --> 13:22:59,436 energy for the stuff that is in your 20187 13:22:55,756 --> 13:23:01,756 control and just forget forget about 20188 13:22:59,436 --> 13:23:03,116 Facebook you know it just don't waste 20189 13:23:01,756 --> 13:23:04,720 your energy on trying to get it back 20190 13:23:03,116 --> 13:23:07,436 after a certain point just go through 20191 13:23:04,720 --> 13:23:09,320 these steps and get new account I've 20192 13:23:07,436 --> 13:23:10,796 gone through this a bunch of times and 20193 13:23:09,320 --> 13:23:14,000 gotten so fed up I'm like I'm just going 20194 13:23:10,796 --> 13:23:15,796 to learn how to scale Google ads and 20195 13:23:14,000 --> 13:23:17,480 like higher than I've ever scaled before 20196 13:23:15,796 --> 13:23:19,360 and at the end of the day Facebook is an 20197 13:23:17,480 --> 13:23:21,596 absolute beast when it comes to running 20198 13:23:19,360 --> 13:23:23,596 paid marketing everybody who's anybody 20199 13:23:21,596 --> 13:23:25,596 is on it and it's the most established 20200 13:23:23,596 --> 13:23:27,480 advertising platform especially for 20201 13:23:25,596 --> 13:23:29,796 e-commerce businesses so there's no 20202 13:23:27,480 --> 13:23:31,276 avoiding it like it's a necessary evil 20203 13:23:29,796 --> 13:23:33,436 but if you follow these steps that we 20204 13:23:31,276 --> 13:23:36,000 outlined you'll be in the best spot 20205 13:23:33,436 --> 13:23:38,240 possible to not get banned so there you 20206 13:23:36,000 --> 13:23:40,276 have it that's how to not get banned on 20207 13:23:38,240 --> 13:23:42,080 Facebook and how to hopefully get your 20208 13:23:40,276 --> 13:23:44,276 ad account back and if you don't the 20209 13:23:42,080 --> 13:23:45,910 nuclear option to get back up and 20210 13:23:44,276 --> 13:23:54,400 advertising 20211 13:23:45,910 --> 13:23:54,400 [Music] 20212 13:23:56,916 --> 13:24:01,360 again one of the most common questions 20213 13:23:59,400 --> 13:24:03,840 that I get on YouTube and in the school 20214 13:24:01,360 --> 13:24:06,480 community and just in general is what's 20215 13:24:03,840 --> 13:24:08,360 a good budget for my ads and that's a 20216 13:24:06,480 --> 13:24:10,596 really tough question to answer because 20217 13:24:08,360 --> 13:24:13,360 it's completely different for everyone's 20218 13:24:10,596 --> 13:24:15,680 situation I answer first for myself when 20219 13:24:13,360 --> 13:24:18,360 I'm launching a new store I'm perfectly 20220 13:24:15,680 --> 13:24:20,080 happy with like $1,000 budget but that's 20221 13:24:18,360 --> 13:24:21,916 dependent on like what my goals are and 20222 13:24:20,080 --> 13:24:23,640 like I want to be starting stores that I 20223 13:24:21,916 --> 13:24:25,320 can scale to seven figures and I only 20224 13:24:23,640 --> 13:24:26,796 want to invest you know X number of 20225 13:24:25,320 --> 13:24:29,276 hours if you're somebody who's just 20226 13:24:26,796 --> 13:24:32,160 starting out and you have the goal of 20227 13:24:29,276 --> 13:24:34,000 hitting 100 Grand in sales over the next 20228 13:24:32,160 --> 13:24:35,916 year then you're somebody who can start 20229 13:24:34,000 --> 13:24:37,320 off with a bunch much smaller budget 20230 13:24:35,916 --> 13:24:39,560 what I'm trying to to say is that the 20231 13:24:37,320 --> 13:24:41,916 amount of budget you need is directly 20232 13:24:39,560 --> 13:24:43,796 correlated to what your goals are your 20233 13:24:41,916 --> 13:24:45,560 goals is one variable for deciding your 20234 13:24:43,796 --> 13:24:46,956 budget but the other variable is what's 20235 13:24:45,560 --> 13:24:48,720 your experience level like somebody 20236 13:24:46,956 --> 13:24:50,640 who's never run a single Facebook ad 20237 13:24:48,720 --> 13:24:52,276 before versus somebody who's been doing 20238 13:24:50,640 --> 13:24:54,160 it for years completely different 20239 13:24:52,276 --> 13:24:55,560 starting budgets and by starting budget 20240 13:24:54,160 --> 13:24:57,160 to Define it what I mean is like the 20241 13:24:55,560 --> 13:24:58,916 amount of money that you willing to put 20242 13:24:57,160 --> 13:25:01,080 into the ad account and expect to never 20243 13:24:58,916 --> 13:25:03,400 see a return on basically money that 20244 13:25:01,080 --> 13:25:05,400 you're just setting on fire and so when 20245 13:25:03,400 --> 13:25:07,360 I say I would have a starting budget of 20246 13:25:05,400 --> 13:25:10,160 1,000 bucks I'm saying that I would be 20247 13:25:07,360 --> 13:25:12,000 willing to invest up to $11,000 into 20248 13:25:10,160 --> 13:25:14,276 testing a new store before I start to 20249 13:25:12,000 --> 13:25:16,240 see a positive return and then it just 20250 13:25:14,276 --> 13:25:19,000 becomes like self-fulfilling like a 20251 13:25:16,240 --> 13:25:21,000 self- sustaining cycle CU up to of the 20252 13:25:19,000 --> 13:25:23,000 first th000 spent I'm still making sales 20253 13:25:21,000 --> 13:25:25,480 it just won't be profitable like I might 20254 13:25:23,000 --> 13:25:27,640 be running at a one row as for example 20255 13:25:25,480 --> 13:25:29,240 which is running at a loss you can look 20256 13:25:27,640 --> 13:25:30,956 at the financial section to see how much 20257 13:25:29,240 --> 13:25:32,400 of a loss that be running at but as 20258 13:25:30,956 --> 13:25:34,560 you're running your first set of ads 20259 13:25:32,400 --> 13:25:36,680 you're not just lighting it on fire 20260 13:25:34,560 --> 13:25:38,680 you're one you're learning a lot but two 20261 13:25:36,680 --> 13:25:40,916 you are getting some sales but our goal 20262 13:25:38,680 --> 13:25:44,640 is to as quickly as possible get to the 20263 13:25:40,916 --> 13:25:47,916 point where going from a $1 in $1 out to 20264 13:25:44,640 --> 13:25:50,720 $1 in $2 out and then from from there 20265 13:25:47,916 --> 13:25:52,680 you want to get to $1 in $3 out and then 20266 13:25:50,720 --> 13:25:56,520 the question is once you're at that 20267 13:25:52,680 --> 13:25:58,240 point $3 up a 3X or or better return 20268 13:25:56,520 --> 13:26:00,160 then the question is no longer what 20269 13:25:58,240 --> 13:26:02,520 should my budget be it becomes a much 20270 13:26:00,160 --> 13:26:04,560 better question which is how fast can I 20271 13:26:02,520 --> 13:26:07,200 spend how much can I spend how big of a 20272 13:26:04,560 --> 13:26:09,436 budget can I get cuz as you're starting 20273 13:26:07,200 --> 13:26:11,160 to positively cash flow it's just self- 20274 13:26:09,436 --> 13:26:12,916 sustaining it just starts spewing out 20275 13:26:11,160 --> 13:26:14,596 money but the the real question comes 20276 13:26:12,916 --> 13:26:16,240 down to getting to that point in the 20277 13:26:14,596 --> 13:26:17,956 beginning how much money should should 20278 13:26:16,240 --> 13:26:20,796 you be setting aside and I would say for 20279 13:26:17,956 --> 13:26:22,796 the average person number one consider 20280 13:26:20,796 --> 13:26:24,956 whatever amount you're going to decide 20281 13:26:22,796 --> 13:26:26,480 as just gone that's just money that 20282 13:26:24,956 --> 13:26:28,200 you're never going to see again but it's 20283 13:26:26,480 --> 13:26:30,480 an investment into not just your 20284 13:26:28,200 --> 13:26:32,040 business but into yourself and you're 20285 13:26:30,480 --> 13:26:34,480 going to be learning a lot second thing 20286 13:26:32,040 --> 13:26:36,080 is how much time and energy and effort 20287 13:26:34,480 --> 13:26:37,680 are you going to be like be honest with 20288 13:26:36,080 --> 13:26:38,756 you yourself this answer is just for you 20289 13:26:37,680 --> 13:26:41,560 it's not for me it's not for anybody 20290 13:26:38,756 --> 13:26:43,560 else how much time and don't BS yourself 20291 13:26:41,560 --> 13:26:46,720 how much time are you realistically 20292 13:26:43,560 --> 13:26:48,596 going to be putting into learning this 20293 13:26:46,720 --> 13:26:50,720 like there's the budget but then there's 20294 13:26:48,596 --> 13:26:53,116 also your skill set and how like 20295 13:26:50,720 --> 13:26:55,276 somebody who is putting in 40 hours a 20296 13:26:53,116 --> 13:26:57,956 week as an extreme example into their ad 20297 13:26:55,276 --> 13:27:00,276 account like learning split testing like 20298 13:26:57,956 --> 13:27:02,640 launching new ads like watching it like 20299 13:27:00,276 --> 13:27:04,436 a hawk absorbing all the information 20300 13:27:02,640 --> 13:27:06,240 watching other YouTube videos on how to 20301 13:27:04,436 --> 13:27:08,240 run good Facebook ads that kind of 20302 13:27:06,240 --> 13:27:10,436 person will get to the point of 20303 13:27:08,240 --> 13:27:12,596 profitability much much quicker than 20304 13:27:10,436 --> 13:27:14,916 somebody who yeah follows along with 20305 13:27:12,596 --> 13:27:17,276 this course which is designed to be a 20306 13:27:14,916 --> 13:27:19,480 great great starting point get you off 20307 13:27:17,276 --> 13:27:21,436 the starting block and then we have the 20308 13:27:19,480 --> 13:27:22,840 we scale Community for like helping you 20309 13:27:21,436 --> 13:27:24,200 get beyond that but the person who's 20310 13:27:22,840 --> 13:27:26,560 just going to watch this launch their 20311 13:27:24,200 --> 13:27:28,520 ads and then go hands off that person is 20312 13:27:26,560 --> 13:27:30,276 going to have a hell of a time trying to 20313 13:27:28,520 --> 13:27:32,756 get the profitability so two different 20314 13:27:30,276 --> 13:27:34,720 scenarios it's like the person who goes 20315 13:27:32,756 --> 13:27:36,400 all in makes it like their life's 20316 13:27:34,720 --> 13:27:38,596 Mission it doesn't have to be 40 hours 20317 13:27:36,400 --> 13:27:41,436 like a couple of hours a day looking at 20318 13:27:38,596 --> 13:27:42,880 the ads learning is plenty and that'll 20319 13:27:41,436 --> 13:27:45,840 get you to the point of profitability 20320 13:27:42,880 --> 13:27:48,436 within like 30 30 to 60 days if you're 20321 13:27:45,840 --> 13:27:50,520 following everything correctly but again 20322 13:27:48,436 --> 13:27:53,880 that is not a guarantee there are no 20323 13:27:50,520 --> 13:27:55,840 guarantees nobody who's teaching any of 20324 13:27:53,880 --> 13:27:57,240 this stuff can ever guarantee any kind 20325 13:27:55,840 --> 13:27:59,080 of return for you let me just be 20326 13:27:57,240 --> 13:28:00,880 abundantly clear about that so I know 20327 13:27:59,080 --> 13:28:02,200 some of that was kind of ambiguous but 20328 13:28:00,880 --> 13:28:03,640 that's the honest answer like it 20329 13:28:02,200 --> 13:28:04,756 completely comes down to the person and 20330 13:28:03,640 --> 13:28:06,160 how much time you're willing to put in 20331 13:28:04,756 --> 13:28:08,360 and if you're sitting there saying yes 20332 13:28:06,160 --> 13:28:10,080 I'm all in Chris I'm going to give 20333 13:28:08,360 --> 13:28:12,756 everything I have to learning this then 20334 13:28:10,080 --> 13:28:16,360 great I would say a budget of around 20335 13:28:12,756 --> 13:28:18,200 $500 to $1,000 is a great starting point 20336 13:28:16,360 --> 13:28:21,360 and there's things you can do with your 20337 13:28:18,200 --> 13:28:23,360 ad strategy to you know really conserve 20338 13:28:21,360 --> 13:28:25,560 that amount like start off with whatever 20339 13:28:23,360 --> 13:28:27,720 budgets I'm talking about here start off 20340 13:28:25,560 --> 13:28:30,480 with even lower uh so you're just going 20341 13:28:27,720 --> 13:28:32,360 to see results slower but that's fine 20342 13:28:30,480 --> 13:28:34,240 cuz like if I'm talking about starting 20343 13:28:32,360 --> 13:28:36,560 off with a $10 day budget for our 20344 13:28:34,240 --> 13:28:39,520 testing adsets start with five 20345 13:28:36,560 --> 13:28:41,640 so then that's five bucks to test 10 ads 20346 13:28:39,520 --> 13:28:43,840 then if one of those 10 ads turns out to 20347 13:28:41,640 --> 13:28:46,320 be a good winner after like four or five 20348 13:28:43,840 --> 13:28:48,160 days you spent $25 and you found one 20349 13:28:46,320 --> 13:28:49,796 winning ad but then there's going to be 20350 13:28:48,160 --> 13:28:51,756 things after you find your winning ads 20351 13:28:49,796 --> 13:28:53,080 like you know you need to fix on the 20352 13:28:51,756 --> 13:28:54,436 website and then you have to set up your 20353 13:28:53,080 --> 13:28:57,160 email sequences so that's why we're 20354 13:28:54,436 --> 13:28:58,916 teaching all this stuff first and like 20355 13:28:57,160 --> 13:29:00,480 how to set up your email flows and your 20356 13:28:58,916 --> 13:29:02,080 retargeting all the stuff that's going 20357 13:29:00,480 --> 13:29:04,840 to maximize the return that you're 20358 13:29:02,080 --> 13:29:08,160 getting but yeah I would say a $500 to 20359 13:29:04,840 --> 13:29:10,160 $1,000 starting budget is ideal but if 20360 13:29:08,160 --> 13:29:11,400 you're just looking to like learn and 20361 13:29:10,160 --> 13:29:13,840 get your feet wet you can get away with 20362 13:29:11,400 --> 13:29:17,320 a couple hundred bucks and yeah the 20363 13:29:13,840 --> 13:29:19,240 other thing that'll certainly jump start 20364 13:29:17,320 --> 13:29:21,560 you could get away with like let's think 20365 13:29:19,240 --> 13:29:24,320 of the extreme example if you have a 20366 13:29:21,560 --> 13:29:26,880 gold mine of a collection just winter 20367 13:29:24,320 --> 13:29:28,480 after winner of like hysterical designs 20368 13:29:26,880 --> 13:29:30,520 beautiful Unique Designs that people 20369 13:29:28,480 --> 13:29:33,360 have never seen and then you go to 20370 13:29:30,520 --> 13:29:35,560 launch your ads if you have just 20371 13:29:33,360 --> 13:29:37,240 bombshell products all over the place 20372 13:29:35,560 --> 13:29:39,400 there's a great chance that your ads 20373 13:29:37,240 --> 13:29:42,000 just Skyrocket as soon as you launch 20374 13:29:39,400 --> 13:29:44,520 them and then I me saying you need 20375 13:29:42,000 --> 13:29:46,916 $1,000 starting budget you really could 20376 13:29:44,520 --> 13:29:49,160 have needed you know $100 starting 20377 13:29:46,916 --> 13:29:50,840 budget if that because if your very 20378 13:29:49,160 --> 13:29:52,956 first ads are taking off because you 20379 13:29:50,840 --> 13:29:54,480 have such a great collection then like 20380 13:29:52,956 --> 13:29:56,756 you don't need like you can get 20381 13:29:54,480 --> 13:29:59,200 profitable extremely quickly so again it 20382 13:29:56,756 --> 13:30:02,276 all comes down to comes back to your 20383 13:29:59,200 --> 13:30:03,880 product collection and if you have 20384 13:30:02,276 --> 13:30:06,040 people people ask like what should my 20385 13:30:03,880 --> 13:30:07,720 starting budget be I'm like there's no 20386 13:30:06,040 --> 13:30:10,640 starting budget big enough for a 20387 13:30:07,720 --> 13:30:13,840 terrible product catalog like if you you 20388 13:30:10,640 --> 13:30:16,360 could spend 10 grand on testing ads but 20389 13:30:13,840 --> 13:30:17,840 if you have all terrible designs that 20390 13:30:16,360 --> 13:30:19,796 are not based on best sellers that 20391 13:30:17,840 --> 13:30:21,400 nobody likes that you know isn't in a 20392 13:30:19,796 --> 13:30:22,840 good Niche that are not unique aren't 20393 13:30:21,400 --> 13:30:24,436 going to get people to stop scrolling or 20394 13:30:22,840 --> 13:30:25,840 you have a bad mockup it doesn't matter 20395 13:30:24,436 --> 13:30:27,880 how much you spend on testing it's never 20396 13:30:25,840 --> 13:30:30,480 going to get profitable and all the 20397 13:30:27,880 --> 13:30:32,320 tweaking in the ad account like will 20398 13:30:30,480 --> 13:30:34,320 never make a difference so long story 20399 13:30:32,320 --> 13:30:37,116 short do all the right things do All the 20400 13:30:34,320 --> 13:30:39,756 Small Things correctly do all them first 20401 13:30:37,116 --> 13:30:42,880 and it lowers the amount of starting 20402 13:30:39,756 --> 13:30:45,360 budget you need and then second invest 20403 13:30:42,880 --> 13:30:47,200 in yourself in learning not just 20404 13:30:45,360 --> 13:30:49,480 following along with this course blindly 20405 13:30:47,200 --> 13:30:51,400 but really really understanding the 20406 13:30:49,480 --> 13:30:53,956 concepts really understanding what moves 20407 13:30:51,400 --> 13:30:56,640 the dial rewatching the lessons on the 20408 13:30:53,956 --> 13:30:58,040 analytics and like ad account strategies 20409 13:30:56,640 --> 13:31:00,560 and make sure your retargeting ads are 20410 13:30:58,040 --> 13:31:03,480 set up properly and then for extra 20411 13:31:00,560 --> 13:31:05,360 support Post in wcale University with 20412 13:31:03,480 --> 13:31:08,200 your ad reporting get on the weekly 20413 13:31:05,360 --> 13:31:09,320 coaching calls and like I'll look at the 20414 13:31:08,200 --> 13:31:10,720 ad account with you and give you 20415 13:31:09,320 --> 13:31:12,116 feedback on like here's where you should 20416 13:31:10,720 --> 13:31:14,160 be cutting back here's where you should 20417 13:31:12,116 --> 13:31:15,480 be investing more that sort of thing but 20418 13:31:14,160 --> 13:31:17,520 even if you don't do that you can do 20419 13:31:15,480 --> 13:31:19,480 that on your own so that's what I 20420 13:31:17,520 --> 13:31:21,240 recommend it's really tough to give a 20421 13:31:19,480 --> 13:31:23,956 dead set number of like this is what you 20422 13:31:21,240 --> 13:31:25,400 need to have set aside but you know it's 20423 13:31:23,956 --> 13:31:26,880 it's different for everyone what I will 20424 13:31:25,400 --> 13:31:28,640 say is the more the better the big the 20425 13:31:26,880 --> 13:31:31,276 bigger the starting budget obviously the 20426 13:31:28,640 --> 13:31:34,436 better so I hope that helps hope that 20427 13:31:31,276 --> 13:31:36,680 gives some clarity uh cuz the starting 20428 13:31:34,436 --> 13:31:38,160 budget is really like non-issue if you 20429 13:31:36,680 --> 13:31:39,520 do all the other things that we talked 20430 13:31:38,160 --> 13:31:40,796 about the the goal is getting the 20431 13:31:39,520 --> 13:31:42,640 profitability and making it self- 20432 13:31:40,796 --> 13:31:45,436 sustaining as quickly as humanly 20433 13:31:42,640 --> 13:31:47,796 possible and in one of the future videos 20434 13:31:45,436 --> 13:31:50,240 the launching or testing ads I'm going 20435 13:31:47,796 --> 13:31:52,596 to walk through exactly what it looked 20436 13:31:50,240 --> 13:31:54,116 like starting this 0 to 7 figur store 20437 13:31:52,596 --> 13:31:55,916 that we posted about on YouTube and you 20438 13:31:54,116 --> 13:31:57,520 can follow along and see exactly what 20439 13:31:55,916 --> 13:31:59,680 day one day two day three what we were 20440 13:31:57,520 --> 13:32:01,400 spending and what the return was and 20441 13:31:59,680 --> 13:32:03,560 then in wcale University I'm going to be 20442 13:32:01,400 --> 13:32:04,880 posting about going to be posting this 20443 13:32:03,560 --> 13:32:07,436 seasonal collections I'm going to be 20444 13:32:04,880 --> 13:32:09,520 posting every single day sharing like 20445 13:32:07,436 --> 13:32:11,840 the case study of exactly what's going 20446 13:32:09,520 --> 13:32:13,916 on how we're improving the store and how 20447 13:32:11,840 --> 13:32:17,160 we're taking it from complete scratch to 20448 13:32:13,916 --> 13:32:19,596 seven figures uh with the ads so you can 20449 13:32:17,160 --> 13:32:21,840 join there uh we scale University to 20450 13:32:19,596 --> 13:32:23,880 follow along with that and yeah other 20451 13:32:21,840 --> 13:32:32,370 than that go on with the lessons 20452 13:32:23,880 --> 13:32:32,370 [Music] 20453 13:32:36,080 --> 13:32:40,520 in this lesson we're going to be looking 20454 13:32:37,360 --> 13:32:43,040 at a case study of launching a brand new 20455 13:32:40,520 --> 13:32:45,320 print on demand Shopify store and the ad 20456 13:32:43,040 --> 13:32:48,276 account from the store that we ran in 20457 13:32:45,320 --> 13:32:50,276 the 0 to7 figure uh PE challenge we 20458 13:32:48,276 --> 13:32:53,360 posted about on YouTube but I'm going to 20459 13:32:50,276 --> 13:32:55,520 show it here for a really good example 20460 13:32:53,360 --> 13:32:57,756 of what we can expect when we first go 20461 13:32:55,520 --> 13:33:01,596 to launch our ads so we launched the 20462 13:32:57,756 --> 13:33:03,880 store from scratch back on July 1st of 20463 13:33:01,596 --> 13:33:06,320 2023 in about 9 months it's done 20464 13:33:03,880 --> 13:33:09,436 $929,000 20465 13:33:06,320 --> 13:33:14,400 in sales and we've spent uh a little 20466 13:33:09,436 --> 13:33:16,520 over $300,000 on ads so just over a 3X 20467 13:33:14,400 --> 13:33:21,720 return for the ad spend which is pretty 20468 13:33:16,520 --> 13:33:25,160 solid and this is done between 150 to 20469 13:33:21,720 --> 13:33:29,796 200ish uh in net profit takehome which 20470 13:33:25,160 --> 13:33:32,080 is cool but the more relevant section or 20471 13:33:29,796 --> 13:33:34,436 time period to look at is going all the 20472 13:33:32,080 --> 13:33:36,200 way back to the very beginning to the 20473 13:33:34,436 --> 13:33:38,756 first day when we turned on the app ads 20474 13:33:36,200 --> 13:33:40,400 on the very first day and at this point 20475 13:33:38,756 --> 13:33:42,956 I launched a bunch of I think we had 20476 13:33:40,400 --> 13:33:45,436 like 50 to 75 designs on the store put 20477 13:33:42,956 --> 13:33:47,916 them all on the ad Library just about 20478 13:33:45,436 --> 13:33:50,040 and then put them all in a PP testing 20479 13:33:47,916 --> 13:33:53,000 campaign leading up to this where I 20480 13:33:50,040 --> 13:33:55,276 found like five or six that really stood 20481 13:33:53,000 --> 13:33:57,400 out from the rest then I took those and 20482 13:33:55,276 --> 13:34:00,840 I put them in our conversion campaigns 20483 13:33:57,400 --> 13:34:03,320 USA Auto bid Advantage Plus placements 20484 13:34:00,840 --> 13:34:05,400 Advantage Plus audiences I might have 20485 13:34:03,320 --> 13:34:07,200 done like two interest audiences but it 20486 13:34:05,400 --> 13:34:10,116 was three or four ads per ad set and I 20487 13:34:07,200 --> 13:34:13,040 started off at low budgets you can see 20488 13:34:10,116 --> 13:34:16,680 on the very first day on our first 20489 13:34:13,040 --> 13:34:18,720 campaign we launched and this campaign 20490 13:34:16,680 --> 13:34:24,956 ran at a 20491 13:34:18,720 --> 13:34:27,596 4.27 return we got 107 link clicks at 20492 13:34:24,956 --> 13:34:28,560 about 53 cents a piece but then we also 20493 13:34:27,596 --> 13:34:31,560 had a 20494 13:34:28,560 --> 13:34:34,080 CBO uh which didn't do nearly as well 20495 13:34:31,560 --> 13:34:36,080 but the general structure was we had the 20496 13:34:34,080 --> 13:34:37,400 ad Library which I actually ran by 20497 13:34:36,080 --> 13:34:40,160 accident I didn't even mean to have it 20498 13:34:37,400 --> 13:34:41,320 turned on but I had our ad Library our 20499 13:34:40,160 --> 13:34:44,880 campaign 20500 13:34:41,320 --> 13:34:46,480 of uh like three or four ads and then I 20501 13:34:44,880 --> 13:34:49,480 split it into two separate campaigns I 20502 13:34:46,480 --> 13:34:53,520 did one as adet budget optimization one 20503 13:34:49,480 --> 13:34:55,436 as CBO which this is the CBO campaign 20504 13:34:53,520 --> 13:34:57,560 budget and then I had this one just make 20505 13:34:55,436 --> 13:34:59,080 your life easy just do the CBO the 20506 13:34:57,560 --> 13:35:01,840 reason that this one performed better 20507 13:34:59,080 --> 13:35:06,240 was that it had better ads but anyway I 20508 13:35:01,840 --> 13:35:08,160 digress so I launched it we spent $135 20509 13:35:06,240 --> 13:35:10,520 at a 20510 13:35:08,160 --> 13:35:13,916 $400 return you know we had some 20511 13:35:10,520 --> 13:35:17,040 campaigns that perform well but 401 20512 13:35:13,916 --> 13:35:19,436 divided by 135 yeah it's 2.9 it's about 20513 13:35:17,040 --> 13:35:23,520 a three off our average order value was 20514 13:35:19,436 --> 13:35:25,360 $35 and our conversion rate was 3.7 so 20515 13:35:23,520 --> 13:35:27,520 looking at these metrics what was going 20516 13:35:25,360 --> 13:35:29,276 through my head was number one our 20517 13:35:27,520 --> 13:35:32,400 average order value is too low I need to 20518 13:35:29,276 --> 13:35:34,520 get that up to around $40 to $45 so I 20519 13:35:32,400 --> 13:35:37,000 immediately started brainstorming stuff 20520 13:35:34,520 --> 13:35:38,796 I could do for that I was happy with the 20521 13:35:37,000 --> 13:35:40,596 conversion rate but I didn't really 20522 13:35:38,796 --> 13:35:42,040 expect this to stay consistent as we 20523 13:35:40,596 --> 13:35:44,840 scale especially once we launch 20524 13:35:42,040 --> 13:35:46,240 International ads so that was you know 20525 13:35:44,840 --> 13:35:48,880 kind of a grain of salt what I was 20526 13:35:46,240 --> 13:35:50,520 really looking at was uh which ads 20527 13:35:48,880 --> 13:35:53,436 within these campaigns were performing 20528 13:35:50,520 --> 13:35:55,360 the best so I had like a bunch in the ad 20529 13:35:53,436 --> 13:35:57,360 Library which again don't turn on the ad 20530 13:35:55,360 --> 13:36:00,200 Library I had already run my PPE 20531 13:35:57,360 --> 13:36:02,596 campaigns so I was just watching and 20532 13:36:00,200 --> 13:36:04,400 seeing out of these campaigns what's 20533 13:36:02,596 --> 13:36:07,720 like which ads are performing the best 20534 13:36:04,400 --> 13:36:09,360 do I actually have a steady set of like 20535 13:36:07,720 --> 13:36:11,596 three or four ads that I can count on or 20536 13:36:09,360 --> 13:36:12,840 should I be continuing to test and the 20537 13:36:11,596 --> 13:36:15,520 answer is you should always be 20538 13:36:12,840 --> 13:36:17,840 continuing to test what I didn't do that 20539 13:36:15,520 --> 13:36:19,756 I should have is if if this was my 20540 13:36:17,840 --> 13:36:21,756 full-time thing if I was only doing the 20541 13:36:19,756 --> 13:36:24,596 store which I wasn't I spent like a 20542 13:36:21,756 --> 13:36:26,160 handful of hours on this uh per week I 20543 13:36:24,596 --> 13:36:28,200 should have just been launching a bunch 20544 13:36:26,160 --> 13:36:30,080 more ads into the ad Library I should 20545 13:36:28,200 --> 13:36:31,436 have been immediately seeing what our 20546 13:36:30,080 --> 13:36:32,840 best sellers were and making more 20547 13:36:31,436 --> 13:36:35,040 designs than launching them in the ad 20548 13:36:32,840 --> 13:36:37,880 Library putting them in the PPE campaign 20549 13:36:35,040 --> 13:36:40,200 and just keep on keep have a stacked 20550 13:36:37,880 --> 13:36:42,160 Bullpen at all times instead I kind of 20551 13:36:40,200 --> 13:36:44,240 let it ride but that's just cuz I was 20552 13:36:42,160 --> 13:36:45,596 doing this as like a handful of hours 20553 13:36:44,240 --> 13:36:46,840 per week but to really get the best 20554 13:36:45,596 --> 13:36:49,520 results I should have been launching 20555 13:36:46,840 --> 13:36:51,680 more ads and more products so if you're 20556 13:36:49,520 --> 13:36:53,596 on your first day not seeing results 20557 13:36:51,680 --> 13:36:55,520 like these it's okay just rinse and 20558 13:36:53,596 --> 13:36:57,720 repeat the workflow that I just talked 20559 13:36:55,520 --> 13:37:00,756 about and see is it the average order 20560 13:36:57,720 --> 13:37:02,560 value is it the conversion rate or is it 20561 13:37:00,756 --> 13:37:05,956 something in the ads that needs to be 20562 13:37:02,560 --> 13:37:08,080 fixed anyway on to the next day so on 20563 13:37:05,956 --> 13:37:13,320 second spent 20564 13:37:08,080 --> 13:37:15,680 $183 for $696 in sales now keep in mind 20565 13:37:13,320 --> 13:37:17,520 that these Friday Saturday Sunday are 20566 13:37:15,680 --> 13:37:19,080 typically the strongest days so I would 20567 13:37:17,520 --> 13:37:20,436 expect these to be slightly better some 20568 13:37:19,080 --> 13:37:22,276 of the things that I did for the average 20569 13:37:20,436 --> 13:37:23,796 order value kind of worked but this 20570 13:37:22,276 --> 13:37:25,916 isn't enough data for it to be 20571 13:37:23,796 --> 13:37:27,796 statistically significant so none of 20572 13:37:25,916 --> 13:37:30,276 these numbers are like enough to really 20573 13:37:27,796 --> 13:37:32,400 go off of yet especially because our ad 20574 13:37:30,276 --> 13:37:34,000 account was not optimized like it's not 20575 13:37:32,400 --> 13:37:36,116 it hasn't been running long enough to 20576 13:37:34,000 --> 13:37:39,080 get like consistent results we can rely 20577 13:37:36,116 --> 13:37:40,436 on next week was the 3rd to the 9th and 20578 13:37:39,080 --> 13:37:44,796 we spent 20579 13:37:40,436 --> 13:37:46,680 $1,455 for $ 3532 in sales so this is 20580 13:37:44,796 --> 13:37:49,956 where I started to put my foot on the 20581 13:37:46,680 --> 13:37:52,640 gas a little bit and Raz suffered so 20582 13:37:49,956 --> 13:37:55,880 let's see what that return is like a two 20583 13:37:52,640 --> 13:37:58,080 something yeah 2.4 so it's not as 20584 13:37:55,880 --> 13:38:01,520 profitable this is probably like a 10 to 20585 13:37:58,080 --> 13:38:04,400 15% margin week but you know it's not 20586 13:38:01,520 --> 13:38:06,160 bad for starting out and you notice that 20587 13:38:04,400 --> 13:38:08,796 ironically I I wasn't expecting this to 20588 13:38:06,160 --> 13:38:11,640 happen at all the ad library was one of 20589 13:38:08,796 --> 13:38:13,680 our best performing campaigns so the way 20590 13:38:11,640 --> 13:38:16,040 that I when I say I put my put the foot 20591 13:38:13,680 --> 13:38:18,276 on the gas a little bit I increase the 20592 13:38:16,040 --> 13:38:20,756 budgets on these campaigns like 15 to 20593 13:38:18,276 --> 13:38:22,480 20% every a couple of days like every 20594 13:38:20,756 --> 13:38:24,840 two to three days I would increase it 20595 13:38:22,480 --> 13:38:26,840 and then I also launched a manual bid 20596 13:38:24,840 --> 13:38:29,040 Campaign which we'll talk about in the 20597 13:38:26,840 --> 13:38:31,436 scaling section but manual bids is 20598 13:38:29,040 --> 13:38:33,360 basically just a way to get extra scale 20599 13:38:31,436 --> 13:38:35,880 out of your account all of our other ads 20600 13:38:33,360 --> 13:38:39,080 we're setting up are Auto bids which 20601 13:38:35,880 --> 13:38:40,400 back to the uh auction Place metaphor 20602 13:38:39,080 --> 13:38:42,596 like that's how Facebook operates so I 20603 13:38:40,400 --> 13:38:44,720 launched a manual bid campaign that it's 20604 13:38:42,596 --> 13:38:45,880 normally like lower spend but higher 20605 13:38:44,720 --> 13:38:49,200 returned and that's exactly what 20606 13:38:45,880 --> 13:38:53,080 happened then the following week scaled 20607 13:38:49,200 --> 13:38:56,756 it up again increased by like 20% 20608 13:38:53,080 --> 13:38:58,840 again and our return got slightly better 20609 13:38:56,756 --> 13:39:00,640 but yeah so our row as on Facebook was 20610 13:38:58,840 --> 13:39:02,436 getting better not really cuz I was 20611 13:39:00,640 --> 13:39:04,116 doing anything in the ads like no new 20612 13:39:02,436 --> 13:39:07,240 campaigns were launched I wasn't moving 20613 13:39:04,116 --> 13:39:10,200 around I didn't graduate any ads from 20614 13:39:07,240 --> 13:39:11,840 the ad LI or from the PPE campaign to 20615 13:39:10,200 --> 13:39:13,640 the main campaigns because they were 20616 13:39:11,840 --> 13:39:15,560 running pretty smoothly you'll remember 20617 13:39:13,640 --> 13:39:18,880 the only times that we really graduate 20618 13:39:15,560 --> 13:39:21,400 ads is when our current campaigns like 20619 13:39:18,880 --> 13:39:23,276 our main campaigns like these ones here 20620 13:39:21,400 --> 13:39:25,276 if the performance on any of these three 20621 13:39:23,276 --> 13:39:28,000 was starting to suffer that's when I 20622 13:39:25,276 --> 13:39:30,400 would have looked to my PPE campaign and 20623 13:39:28,000 --> 13:39:32,560 pulled up one from the bullpen 20624 13:39:30,400 --> 13:39:34,400 essentially but performance was 20625 13:39:32,560 --> 13:39:36,080 consistent so we were happy with it and 20626 13:39:34,400 --> 13:39:38,240 all the while this is happening in the 20627 13:39:36,080 --> 13:39:39,640 background we're launching new designs 20628 13:39:38,240 --> 13:39:41,200 based off of the best sellers not as 20629 13:39:39,640 --> 13:39:45,480 many as we should have but okay so the 20630 13:39:41,200 --> 13:39:46,916 following week 2700 spent for 99,100 20631 13:39:45,480 --> 13:39:48,880 which 20632 13:39:46,916 --> 13:39:52,116 is pretty 20633 13:39:48,880 --> 13:39:55,480 solid return yeah so that week we shot 20634 13:39:52,116 --> 13:39:58,880 up to a 3.4 so this was around probably 20635 13:39:55,480 --> 13:40:02,320 20 to 25% margin which is like two 20636 13:39:58,880 --> 13:40:04,040 grandish profit and so this week the 20637 13:40:02,320 --> 13:40:06,596 reason that it shot up so much is that I 20638 13:40:04,040 --> 13:40:08,480 introduced International so the the time 20639 13:40:06,596 --> 13:40:10,680 to introduce International is once 20640 13:40:08,480 --> 13:40:13,796 you've already had a week or two of 20641 13:40:10,680 --> 13:40:15,680 consistent like decent performance and 20642 13:40:13,796 --> 13:40:17,320 you want to just ramp things up and this 20643 13:40:15,680 --> 13:40:19,596 is for us-based sellers I always start 20644 13:40:17,320 --> 13:40:22,160 in the US and then once I've validated 20645 13:40:19,596 --> 13:40:24,480 that I have a good store good Niche good 20646 13:40:22,160 --> 13:40:26,840 products that's when I pour on the 20647 13:40:24,480 --> 13:40:29,400 gasoline with Worldwide so USA is kind 20648 13:40:26,840 --> 13:40:31,916 of like just the testing grounds for us 20649 13:40:29,400 --> 13:40:35,080 but uh you can see the worldwide 20650 13:40:31,916 --> 13:40:36,720 campaign really took off ran at a 3.14 20651 13:40:35,080 --> 13:40:38,640 which which was awesome and they were 20652 13:40:36,720 --> 13:40:41,116 literally the exact same ads same 20653 13:40:38,640 --> 13:40:43,596 everything didn't even change like the 20654 13:40:41,116 --> 13:40:44,956 currency yet on the site I didn't change 20655 13:40:43,596 --> 13:40:47,596 like the languages for different 20656 13:40:44,956 --> 13:40:49,360 countries nothing so what else so yeah 20657 13:40:47,596 --> 13:40:51,520 the ad library is still running at this 20658 13:40:49,360 --> 13:40:53,200 point because it was still doing well 20659 13:40:51,520 --> 13:40:56,160 let's look at the the metrics we were 20660 13:40:53,200 --> 13:40:57,560 seeing so around 50 Cent cost per click 20661 13:40:56,160 --> 13:40:59,916 cost per click is always going to be 20662 13:40:57,560 --> 13:41:02,520 lower for international traffic it just 20663 13:40:59,916 --> 13:41:05,240 converts lower but us it's typical to 20664 13:41:02,520 --> 13:41:07,040 see like 50 cents to a dollar range man 20665 13:41:05,240 --> 13:41:09,680 mannual bid will vary a lot yeah there's 20666 13:41:07,040 --> 13:41:12,240 another USA campaign 50 cents and then 20667 13:41:09,680 --> 13:41:15,560 our cpms nowadays they're slightly 20668 13:41:12,240 --> 13:41:17,360 cheaper but anywhere from like $8 to 15 20669 13:41:15,560 --> 13:41:19,360 for us is pretty typical and then 20670 13:41:17,360 --> 13:41:21,916 worldwide is goes all over the place but 20671 13:41:19,360 --> 13:41:24,240 it's typically lower than the us so we 20672 13:41:21,916 --> 13:41:25,956 were seeing good numbers uh and we talk 20673 13:41:24,240 --> 13:41:27,560 about it in the analytics section but we 20674 13:41:25,956 --> 13:41:29,680 want to see a good balance of the 20675 13:41:27,560 --> 13:41:31,320 click-through rate and cpms but at the 20676 13:41:29,680 --> 13:41:33,276 end of the day what we really care about 20677 13:41:31,320 --> 13:41:35,720 is the cost per click cuz you get the 20678 13:41:33,276 --> 13:41:38,720 cost per click from just multiplying the 20679 13:41:35,720 --> 13:41:40,436 clickthrough rate times the cpms cuz 20680 13:41:38,720 --> 13:41:42,000 this is cost per thousand Impressions 20681 13:41:40,436 --> 13:41:43,956 this is how many of those thousand 20682 13:41:42,000 --> 13:41:45,560 people click on the ad and that's how 20683 13:41:43,956 --> 13:41:46,956 you get this number so the most 20684 13:41:45,560 --> 13:41:49,560 important numbers if you set up your 20685 13:41:46,956 --> 13:41:52,596 columns like we did earlier go purchases 20686 13:41:49,560 --> 13:41:54,596 row as link clicks cost per click click 20687 13:41:52,596 --> 13:41:57,560 through rate cpms add to carts unique 20688 13:41:54,596 --> 13:41:59,916 and so on uh add to carts and checkouts 20689 13:41:57,560 --> 13:42:02,116 doesn't really track as accurately as 20690 13:41:59,916 --> 13:42:04,756 these other numbers do but as long as 20691 13:42:02,116 --> 13:42:05,640 the row is is good I'm happy if the row 20692 13:42:04,756 --> 13:42:08,240 is as bad 20693 13:42:05,640 --> 13:42:10,116 then I'm tearing apart everything uh 20694 13:42:08,240 --> 13:42:12,320 seeing like what's going on nine times 20695 13:42:10,116 --> 13:42:13,840 out of 10 especially with new stores the 20696 13:42:12,320 --> 13:42:15,116 reason that your ads won't perform well 20697 13:42:13,840 --> 13:42:17,436 it's just because you don't have good 20698 13:42:15,116 --> 13:42:19,040 products and it's not that your ads are 20699 13:42:17,436 --> 13:42:21,640 set up incorrectly assuming that you 20700 13:42:19,040 --> 13:42:23,080 followed the steps in here it's just you 20701 13:42:21,640 --> 13:42:24,436 need better products and if your ads 20702 13:42:23,080 --> 13:42:26,756 aren't getting any engagement if 20703 13:42:24,436 --> 13:42:29,480 nobody's commenting or liking or sharing 20704 13:42:26,756 --> 13:42:32,680 the post then all these numbers will 20705 13:42:29,480 --> 13:42:34,640 reflect that okay then on the 24th this 20706 13:42:32,680 --> 13:42:37,400 is where I introduced this week I 20707 13:42:34,640 --> 13:42:39,116 introduced retargeting and as you can 20708 13:42:37,400 --> 13:42:41,756 see like I said when we were setting up 20709 13:42:39,116 --> 13:42:44,320 ours it's much lower spend like what is 20710 13:42:41,756 --> 13:42:45,720 that that's less than 5% I think I set 20711 13:42:44,320 --> 13:42:47,560 these up halfway through the week or 20712 13:42:45,720 --> 13:42:49,200 something but much lower spend than the 20713 13:42:47,560 --> 13:42:52,956 rest of the account normally like 5 to 20714 13:42:49,200 --> 13:42:54,916 10% of the budget but it ran at a 3.96 20715 13:42:52,956 --> 13:42:57,040 which really helps bring up the average 20716 13:42:54,916 --> 13:42:59,276 and let's see what happened this week so 20717 13:42:57,040 --> 13:43:02,116 I really incre increased the budgets a 20718 13:42:59,276 --> 13:43:04,560 good bit and that threw off performance 20719 13:43:02,116 --> 13:43:07,040 slightly so as our International traffic 20720 13:43:04,560 --> 13:43:09,080 went up our conversion rate went down 20721 13:43:07,040 --> 13:43:10,596 then our average order value went up 20722 13:43:09,080 --> 13:43:12,840 slightly because they're paying more for 20723 13:43:10,596 --> 13:43:14,720 shipping but I'll show you this so you 20724 13:43:12,840 --> 13:43:17,320 can break down your conversion rate 20725 13:43:14,720 --> 13:43:18,276 based on the country so I'm going to do 20726 13:43:17,320 --> 13:43:21,720 no 20727 13:43:18,276 --> 13:43:23,916 breakdown and then country SL region so 20728 13:43:21,720 --> 13:43:26,520 the majority of our traffic in this week 20729 13:43:23,916 --> 13:43:30,680 was coming from the United States at a 20730 13:43:26,520 --> 13:43:34,400 2.6% conversion rate UK was 400 sessions 20731 13:43:30,680 --> 13:43:38,596 at a 2.4 Canada ran at a 3% conversion 20732 13:43:34,400 --> 13:43:39,956 rate Germany 1.6 Brazil Australia so 20733 13:43:38,596 --> 13:43:42,916 pretty cool you can see the breakdown 20734 13:43:39,956 --> 13:43:44,680 like that in the international uh lesson 20735 13:43:42,916 --> 13:43:46,116 we'll talk about how like we can use 20736 13:43:44,680 --> 13:43:48,880 these analytics and set up like our 20737 13:43:46,116 --> 13:43:50,480 shipping rates and stuff to be specific 20738 13:43:48,880 --> 13:43:51,796 to these countries but again you don't 20739 13:43:50,480 --> 13:43:53,400 have to do any of that until you get to 20740 13:43:51,796 --> 13:43:55,320 the point of having some kind of 20741 13:43:53,400 --> 13:43:56,956 consistent results in your ad account 20742 13:43:55,320 --> 13:44:00,320 now let's skip ahead let's see all of 20743 13:43:56,956 --> 13:44:04,360 August all of August we spent 20 grand 20744 13:44:00,320 --> 13:44:07,400 at a 2.18 yeah so this wasn't a great 20745 13:44:04,360 --> 13:44:12,680 month because that's only what a 20746 13:44:07,400 --> 13:44:15,756 2.5 or 2.6 return 2.65 return yeah so 20747 13:44:12,680 --> 13:44:17,840 2.65 return but the reason for that was 20748 13:44:15,756 --> 13:44:20,240 that I started going wow what was I 20749 13:44:17,840 --> 13:44:22,080 doing way too many campaigns this is 20750 13:44:20,240 --> 13:44:23,640 where yeah everything that you're 20751 13:44:22,080 --> 13:44:25,080 learning in this course applies the 20752 13:44:23,640 --> 13:44:27,080 lessons that I learned and the things 20753 13:44:25,080 --> 13:44:29,320 that I'm not doing which I'm constantly 20754 13:44:27,080 --> 13:44:31,320 learning like I've run eight different 20755 13:44:29,320 --> 13:44:33,160 stores to seven figures now and always 20756 13:44:31,320 --> 13:44:34,436 learning new stuff now what I've learned 20757 13:44:33,160 --> 13:44:37,560 and the way that I run our accounts 20758 13:44:34,436 --> 13:44:39,756 nowadays is simplify just one or two 20759 13:44:37,560 --> 13:44:41,840 main campaigns is all you really need 20760 13:44:39,756 --> 13:44:44,840 then retargeting obviously but you no 20761 13:44:41,840 --> 13:44:47,080 reason to be like I was trying to set up 20762 13:44:44,840 --> 13:44:48,560 campaigns for separate countries like I 20763 13:44:47,080 --> 13:44:50,480 was doing this is an Australia New 20764 13:44:48,560 --> 13:44:52,200 Zealand campaign this is I don't even 20765 13:44:50,480 --> 13:44:54,240 know what that is but yeah there's just 20766 13:44:52,200 --> 13:44:55,880 way too much going on in the account at 20767 13:44:54,240 --> 13:44:57,400 this point and they the campaigns 20768 13:44:55,880 --> 13:44:59,560 started competing with each other which 20769 13:44:57,400 --> 13:45:02,080 led to a slightly lower return so I 20770 13:44:59,560 --> 13:45:04,640 think in September if I remember 20771 13:45:02,080 --> 13:45:05,436 correctly I learned from my lessons yeah 20772 13:45:04,640 --> 13:45:07,720 I did 20773 13:45:05,436 --> 13:45:10,160 so you see in September I Consolidated 20774 13:45:07,720 --> 13:45:13,116 the campaigns back down to just the main 20775 13:45:10,160 --> 13:45:14,640 winners increase the budgets on the top 20776 13:45:13,116 --> 13:45:16,160 performers these budgets that you're 20777 13:45:14,640 --> 13:45:17,796 seeing now are not reflective of what 20778 13:45:16,160 --> 13:45:19,720 they currently are this is what the 20779 13:45:17,796 --> 13:45:21,916 budgets ended up at it's not what it was 20780 13:45:19,720 --> 13:45:24,560 for that month obviously that math 20781 13:45:21,916 --> 13:45:28,640 doesn't doesn't add up but for this 20782 13:45:24,560 --> 13:45:31,360 month 20 just under 29 Grand spent at 20783 13:45:28,640 --> 13:45:33,160 for six figures sales it was our first 20784 13:45:31,360 --> 13:45:35,200 six figure month that was pretty cool 20785 13:45:33,160 --> 13:45:38,640 and that so yeah this this month was 20786 13:45:35,200 --> 13:45:41,040 like 20 plus Grand in net profit and all 20787 13:45:38,640 --> 13:45:43,360 that I did differently was cut all the 20788 13:45:41,040 --> 13:45:45,680 extra campaigns I had running we I 20789 13:45:43,360 --> 13:45:46,880 optimized the site to set up the like 20790 13:45:45,680 --> 13:45:49,000 the international stuff so our 20791 13:45:46,880 --> 13:45:51,680 International performance continued to 20792 13:45:49,000 --> 13:45:53,360 pick up even at higher spend and when I 20793 13:45:51,680 --> 13:45:56,520 say optimize the international stuff I 20794 13:45:53,360 --> 13:45:58,200 mean like the currency on the website so 20795 13:45:56,520 --> 13:45:59,320 that everybody from International 20796 13:45:58,200 --> 13:46:01,596 countries they were shopping in their 20797 13:45:59,320 --> 13:46:03,160 home currency set up their shipping rate 20798 13:46:01,596 --> 13:46:04,640 so that they were their shipping cost 20799 13:46:03,160 --> 13:46:05,916 showed up in their home currency all 20800 13:46:04,640 --> 13:46:08,320 that stuff that we'll cover in the 20801 13:46:05,916 --> 13:46:09,840 international lesson but on the ad side 20802 13:46:08,320 --> 13:46:12,480 specifically it 20803 13:46:09,840 --> 13:46:15,360 was up until this point we were mostly 20804 13:46:12,480 --> 13:46:18,160 running off of the initial batch of 20805 13:46:15,360 --> 13:46:20,240 designs or ads that I launched with so 20806 13:46:18,160 --> 13:46:21,880 the initial 50 I was able to just 20807 13:46:20,240 --> 13:46:23,720 continue running them because they were 20808 13:46:21,880 --> 13:46:25,240 performing so well and I honestly don't 20809 13:46:23,720 --> 13:46:27,596 even think that I've really launched any 20810 13:46:25,240 --> 13:46:30,756 new ads I was just the main changes I 20811 13:46:27,596 --> 13:46:33,040 did was increasing budgets by 15 to 20% 20812 13:46:30,756 --> 13:46:36,360 on ad or campaigns that were performing 20813 13:46:33,040 --> 13:46:38,400 well like above a 2.0 as I would do that 20814 13:46:36,360 --> 13:46:40,720 every other day and then I most of the 20815 13:46:38,400 --> 13:46:43,276 changes came on the site side but again 20816 13:46:40,720 --> 13:46:46,116 if I had a terrible product catalog and 20817 13:46:43,276 --> 13:46:47,360 or only one decent product none of this 20818 13:46:46,116 --> 13:46:48,520 would have happened the way that it did 20819 13:46:47,360 --> 13:46:50,400 the only reason that it happened this 20820 13:46:48,520 --> 13:46:52,880 way was that we had a great product 20821 13:46:50,400 --> 13:46:54,680 catalog a website that was optimized we 20822 13:46:52,880 --> 13:46:57,276 had our emails running in the background 20823 13:46:54,680 --> 13:46:59,796 we had Google ads increasing the return 20824 13:46:57,276 --> 13:47:01,796 as well it's all the other things that 20825 13:46:59,796 --> 13:47:03,880 make the ad account run well and then 20826 13:47:01,796 --> 13:47:06,276 you're able to show screenshots of 20827 13:47:03,880 --> 13:47:08,240 spending 29 Grand Grand at a 2.84 and 20828 13:47:06,276 --> 13:47:09,756 people think you're great at ads I used 20829 13:47:08,240 --> 13:47:12,796 to think that's what it was it's really 20830 13:47:09,756 --> 13:47:14,560 not it's just like the structure and the 20831 13:47:12,796 --> 13:47:17,116 setup of the ad account does really does 20832 13:47:14,560 --> 13:47:19,756 not change it's really just everything 20833 13:47:17,116 --> 13:47:22,040 else in the business so yeah so bringing 20834 13:47:19,756 --> 13:47:23,596 it back to as you launch your first set 20835 13:47:22,040 --> 13:47:25,880 of ads hopefully this gives a 20836 13:47:23,596 --> 13:47:29,080 perspective of like where the account 20837 13:47:25,880 --> 13:47:31,320 can go and emphasizes the importance of 20838 13:47:29,080 --> 13:47:33,276 product first making sure that you have 20839 13:47:31,320 --> 13:47:35,320 really goodlooking mockups as long as 20840 13:47:33,276 --> 13:47:37,200 you're following like the ad cop 20841 13:47:35,320 --> 13:47:39,000 templates something along that line to 20842 13:47:37,200 --> 13:47:41,040 what we give you it's proven to work you 20843 13:47:39,000 --> 13:47:43,436 set up all the different creatives like 20844 13:47:41,040 --> 13:47:46,040 the slideshows the carousels the dynamic 20845 13:47:43,436 --> 13:47:48,320 product catalog campaigns and then you 20846 13:47:46,040 --> 13:47:50,400 are testing a ton of static images if 20847 13:47:48,320 --> 13:47:53,756 you're doing all those like Baseline 20848 13:47:50,400 --> 13:47:55,560 things running the ads becomes the easy 20849 13:47:53,756 --> 13:47:57,200 part out of the whole equation or out of 20850 13:47:55,560 --> 13:47:58,956 the whole process and then when a 20851 13:47:57,200 --> 13:48:00,160 campaign was doing well all that I would 20852 13:47:58,956 --> 13:48:03,116 do is go in 20853 13:48:00,160 --> 13:48:05,520 here and go I would just select each 20854 13:48:03,116 --> 13:48:08,000 campaign that was performing well go to 20855 13:48:05,520 --> 13:48:10,680 edit campaign budget and then I would 20856 13:48:08,000 --> 13:48:13,240 increase daily budget increase daily 20857 13:48:10,680 --> 13:48:17,400 budget by depending on how aggressive I 20858 13:48:13,240 --> 13:48:19,640 was feeling anywhere from 10 to 20859 13:48:17,400 --> 13:48:21,360 20% it's like that I would save the 20860 13:48:19,640 --> 13:48:24,160 draft then I would look at the other 20861 13:48:21,360 --> 13:48:26,480 campaigns see if it wasn't performing 20862 13:48:24,160 --> 13:48:30,956 well like if it was under a two then I 20863 13:48:26,480 --> 13:48:33,240 would select it and just decrease it 20864 13:48:30,956 --> 13:48:34,880 knock it down by 20% and if it 20865 13:48:33,240 --> 13:48:37,276 consistently wasn't performing well then 20866 13:48:34,880 --> 13:48:38,596 I would knock it down by another 20% 20867 13:48:37,276 --> 13:48:40,560 until it gets to the point where I just 20868 13:48:38,596 --> 13:48:43,840 shut it off and at that point I would 20869 13:48:40,560 --> 13:48:46,276 you know uh have pull up other ads from 20870 13:48:43,840 --> 13:48:48,680 the bullpen and put them in the campaign 20871 13:48:46,276 --> 13:48:50,680 so that's all I got for you in this 20872 13:48:48,680 --> 13:48:52,956 lesson so this is obviously from a store 20873 13:48:50,680 --> 13:48:55,040 that we ran last year if you want to see 20874 13:48:52,956 --> 13:48:56,720 the case study of me launching and 20875 13:48:55,040 --> 13:48:58,916 scaling going through this exact same 20876 13:48:56,720 --> 13:49:00,560 process with seasonal collections then 20877 13:48:58,916 --> 13:49:02,880 you can join we scale University where 20878 13:49:00,560 --> 13:49:04,956 I'm going to be uploading daily like 20879 13:49:02,880 --> 13:49:06,840 case study videos showing like very 20880 13:49:04,956 --> 13:49:09,000 candidly talking through what we're 20881 13:49:06,840 --> 13:49:10,480 seeing the changes I'm going to make and 20882 13:49:09,000 --> 13:49:12,710 that sort of thing so I hope you found 20883 13:49:10,480 --> 13:49:21,199 this useful and I'll see you 20884 13:49:12,710 --> 13:49:21,199 [Music] 20885 13:49:23,796 --> 13:49:27,640 soon in this lesson we're going to be 20886 13:49:25,720 --> 13:49:29,796 setting up our Google accounts we have 20887 13:49:27,640 --> 13:49:31,956 our Google ad account where we're going 20888 13:49:29,796 --> 13:49:34,240 to be running our search and shopping 20889 13:49:31,956 --> 13:49:36,916 campaigns or pmax and then we have our 20890 13:49:34,240 --> 13:49:38,520 Google analytics which is a free tool 20891 13:49:36,916 --> 13:49:41,276 that just gives us a lot of cool 20892 13:49:38,520 --> 13:49:43,320 insights and analytics on how our store 20893 13:49:41,276 --> 13:49:45,640 is performing where the brakes are in 20894 13:49:43,320 --> 13:49:47,240 our funnel user analytics all kinds of 20895 13:49:45,640 --> 13:49:48,640 good stuff and it's something that once 20896 13:49:47,240 --> 13:49:51,000 you set it up it just runs in the 20897 13:49:48,640 --> 13:49:53,200 background collects data it's nothing 20898 13:49:51,000 --> 13:49:54,680 but upside for us so that's why we're 20899 13:49:53,200 --> 13:49:57,360 setting it up and then on the 20900 13:49:54,680 --> 13:50:00,320 advertising side these campaigns run at 20901 13:49:57,360 --> 13:50:02,840 Su we put them at super low budgets and 20902 13:50:00,320 --> 13:50:04,400 they perform really well it's kind of 20903 13:50:02,840 --> 13:50:06,436 like retargeting we'll talk more about 20904 13:50:04,400 --> 13:50:11,320 those and their specific videos but for 20905 13:50:06,436 --> 13:50:16,080 now let's go to set up Google analytics 20906 13:50:11,320 --> 13:50:21,040 first and Google analytics just updated 20907 13:50:16,080 --> 13:50:22,756 to um updated to ga4 so if you've if you 20908 13:50:21,040 --> 13:50:25,880 were familiar with Google analytics 20909 13:50:22,756 --> 13:50:28,640 before it's slightly different now so 20910 13:50:25,880 --> 13:50:33,080 going to marketing platform. 20911 13:50:28,640 --> 13:50:36,560 google.com backabout SL analytics let 20912 13:50:33,080 --> 13:50:36,560 say get started today 20913 13:50:38,240 --> 13:50:43,436 start 20914 13:50:39,756 --> 13:50:46,436 measuring and name of the account 20915 13:50:43,436 --> 13:50:46,436 seasonal 20916 13:50:47,276 --> 13:50:52,880 collections 20917 13:50:48,840 --> 13:50:52,880 no don't want to know any of 20918 13:51:02,640 --> 13:51:06,520 that time zone 20919 13:51:07,000 --> 13:51:12,596 Chicago 20920 13:51:08,956 --> 13:51:14,840 next category we are apparel do they 20921 13:51:12,596 --> 13:51:18,400 have 20922 13:51:14,840 --> 13:51:21,200 that shopping good enough business size 20923 13:51:18,400 --> 13:51:23,916 small small for now our goal is to drive 20924 13:51:21,200 --> 13:51:23,916 sales that's 20925 13:51:27,680 --> 13:51:32,796 it choose a platform web 20926 13:51:40,680 --> 13:51:46,796 so I'm just entering my URL and 20927 13:51:43,276 --> 13:51:46,796 then the name 20928 13:51:47,200 --> 13:51:50,200 again 20929 13:51:51,116 --> 13:51:55,956 measuring so we don't have purchases 20930 13:51:53,880 --> 13:51:59,040 just yet but that's because we have 20931 13:51:55,956 --> 13:52:01,640 to set up conversions which we're going 20932 13:51:59,040 --> 13:52:01,640 to do 20933 13:52:02,240 --> 13:52:06,596 separately all so then for install 20934 13:52:04,916 --> 13:52:09,596 instructions we used to just have to do 20935 13:52:06,596 --> 13:52:13,240 it manually like grab this piece of code 20936 13:52:09,596 --> 13:52:15,880 and then open up your Shopify store but 20937 13:52:13,240 --> 13:52:17,880 now we can and you'd have to like 20938 13:52:15,880 --> 13:52:22,116 manually paste it in your store's code 20939 13:52:17,880 --> 13:52:26,880 now we can just select our platform do 20940 13:52:22,116 --> 13:52:26,880 Shopify now copy our tag 20941 13:52:30,360 --> 13:52:35,000 ID now we're just going to follow these 20942 13:52:32,400 --> 13:52:36,840 instructions so go to our shopy account 20943 13:52:35,000 --> 13:52:39,840 and go 20944 13:52:36,840 --> 13:52:39,840 to 20945 13:52:53,360 --> 13:52:57,916 preferences so it's online store 20946 13:53:01,956 --> 13:53:06,756 preferences then Google Analytics set 20947 13:53:07,880 --> 13:53:14,880 up and install so this is very similar 20948 13:53:11,916 --> 13:53:16,880 to the Facebook app that we 20949 13:53:14,880 --> 13:53:19,916 installed it's kind of they didn't used 20950 13:53:16,880 --> 13:53:23,040 to have these it's so it's pretty nice 20951 13:53:19,916 --> 13:53:26,880 but now uh it's like just a couple of 20952 13:53:23,040 --> 13:53:28,680 clicks compared to before open the 20953 13:53:26,880 --> 13:53:30,240 YouTube app on your 20954 13:53:28,680 --> 13:53:33,040 phone 20955 13:53:30,240 --> 13:53:37,040 interesting I think I have the store on 20956 13:53:33,040 --> 13:53:37,040 my phone all right I got 20957 13:53:37,840 --> 13:53:42,640 verified all right so we're just going 20958 13:53:40,520 --> 13:53:43,796 to click approve on all of these to 20959 13:53:42,640 --> 13:53:45,956 connect the 20960 13:53:43,796 --> 13:53:49,436 account there now it's 20961 13:53:45,956 --> 13:53:52,040 connected and it automatically found our 20962 13:53:49,436 --> 13:53:54,360 Google analytics 20963 13:53:52,040 --> 13:53:56,680 property 20964 13:53:54,360 --> 13:53:58,400 Connect Now list your products on Google 20965 13:53:56,680 --> 13:54:00,756 to drive sales and reach more customers 20966 13:53:58,400 --> 13:54:03,040 we're going to do that 20967 13:54:00,756 --> 13:54:07,436 next wow this is really nice this is 20968 13:54:03,040 --> 13:54:07,436 even easier than when I did it 20969 13:54:14,640 --> 13:54:20,640 last in order to link our product 20970 13:54:18,360 --> 13:54:22,680 feed uh we just have to confirm that 20971 13:54:20,640 --> 13:54:25,680 there's contact information on the site 20972 13:54:22,680 --> 13:54:30,160 which we have but just to show 20973 13:54:25,680 --> 13:54:34,040 you what that means this 20974 13:54:30,160 --> 13:54:35,240 qualifies and this also qualifies I 20975 13:54:34,040 --> 13:54:40,520 don't know why 20976 13:54:35,240 --> 13:54:42,596 that's so small but whatever and confirm 20977 13:54:40,520 --> 13:54:44,680 now Google merchant center account so we 20978 13:54:42,596 --> 13:54:47,040 haven't made one yet so we're going to 20979 13:54:44,680 --> 13:54:47,040 create 20980 13:54:50,040 --> 13:54:55,680 new wow this is so 20981 13:54:53,320 --> 13:54:56,880 easy don't even need a tutorial video 20982 13:54:55,680 --> 13:54:59,720 normally you had to go to Google 20983 13:54:56,880 --> 13:55:01,320 Merchant center.com and like then link 20984 13:54:59,720 --> 13:55:03,880 them all 20985 13:55:01,320 --> 13:55:05,880 and Google needs a valid business phone 20986 13:55:03,880 --> 13:55:08,560 number to activate your merchant center 20987 13:55:05,880 --> 13:55:14,400 account all right let's give them our 20988 13:55:08,560 --> 13:55:14,400 Google number give them our number get 20989 13:55:15,000 --> 13:55:21,480 code what all right well guess I'm 20990 13:55:18,640 --> 13:55:23,916 putting my own phone number in next it's 20991 13:55:21,480 --> 13:55:26,116 asking us to verify our product feed 20992 13:55:23,916 --> 13:55:28,560 settings which again this product feed 20993 13:55:26,116 --> 13:55:30,840 is basically the exact same thing we set 20994 13:55:28,560 --> 13:55:33,200 up for Facebook just for Google it's a 20995 13:55:30,840 --> 13:55:35,116 Target country and language United 20996 13:55:33,200 --> 13:55:36,956 States yes 20997 13:55:35,116 --> 13:55:39,840 shipping 20998 13:55:36,956 --> 13:55:43,000 settings yeah 20999 13:55:39,840 --> 13:55:46,640 automatically great conversion tracking 21000 13:55:43,000 --> 13:55:46,640 automatically on 21001 13:55:48,320 --> 13:55:52,680 Wow but just like that we have our 21002 13:55:50,320 --> 13:55:55,080 Google analytics setup let's double 21003 13:55:52,680 --> 13:55:58,000 check that everything looks good no we 21004 13:55:55,080 --> 13:55:58,000 don't want any of their 21005 13:56:00,320 --> 13:56:04,720 tips product title preference it doesn't 21006 13:56:02,916 --> 13:56:08,000 matter all right so let's let's go back 21007 13:56:04,720 --> 13:56:08,000 to our analytics 21008 13:56:14,080 --> 13:56:20,276 account now we're going to test the 21009 13:56:17,160 --> 13:56:21,916 website all right so the way I got to I 21010 13:56:20,276 --> 13:56:23,480 found the page the way you get to it 21011 13:56:21,916 --> 13:56:26,480 instead of going through this it's kind 21012 13:56:23,480 --> 13:56:30,720 of weird how it disconnected so you just 21013 13:56:26,480 --> 13:56:33,436 go to in Shopify Google settings I'm 21014 13:56:30,720 --> 13:56:37,520 going to pin this actually settings and 21015 13:56:33,436 --> 13:56:39,916 then click on the Google analytics link 21016 13:56:37,520 --> 13:56:41,720 and it'll pull it 21017 13:56:39,916 --> 13:56:45,040 up 21018 13:56:41,720 --> 13:56:47,240 and no I don't want any of those now I'm 21019 13:56:45,040 --> 13:56:50,116 going to save 21020 13:56:47,240 --> 13:56:53,320 it 21021 13:56:50,116 --> 13:56:53,320 edit it 21022 13:57:01,360 --> 13:57:05,200 scga cool so now we have our Google 21023 13:57:03,720 --> 13:57:07,720 Analytics set 21024 13:57:05,200 --> 13:57:09,756 up and there won't be anything in here 21025 13:57:07,720 --> 13:57:11,720 just yet but you're going to be able to 21026 13:57:09,756 --> 13:57:13,880 see a bunch of analytics once you start 21027 13:57:11,720 --> 13:57:17,756 driving traffic like where people are 21028 13:57:13,880 --> 13:57:19,596 coming from um the results of your 21029 13:57:17,756 --> 13:57:22,000 Google ads which we haven't set up just 21030 13:57:19,596 --> 13:57:25,160 yet we're going to do that 21031 13:57:22,000 --> 13:57:28,680 next and there's a whole bunch of you 21032 13:57:25,160 --> 13:57:31,520 can do so much in in Google analytics 21033 13:57:28,680 --> 13:57:34,200 but I honestly only really check it when 21034 13:57:31,520 --> 13:57:36,240 something is going wrong somebody who is 21035 13:57:34,200 --> 13:57:38,276 is like their full-time job is marketing 21036 13:57:36,240 --> 13:57:40,916 will be in here A whole lot more than I 21037 13:57:38,276 --> 13:57:43,160 am but it's just a good thing to set up 21038 13:57:40,916 --> 13:57:45,400 and then know that it's collecting data 21039 13:57:43,160 --> 13:57:45,400 in the 21040 13:57:45,480 --> 13:57:50,240 background so the next thing we're going 21041 13:57:47,436 --> 13:57:53,320 to set up is our Google ads account 21042 13:57:50,240 --> 13:57:55,160 which we do that just by from our Google 21043 13:57:53,320 --> 13:57:59,240 analytics on the left hand side 21044 13:57:55,160 --> 13:57:59,240 advertising get started 21045 13:58:06,480 --> 13:58:09,596 let's make sure that's the 21046 13:58:13,880 --> 13:58:19,116 right wow this is new 21047 13:58:49,720 --> 13:58:55,560 all right so in the top right I just 21048 13:58:51,956 --> 13:58:59,160 clicked uh create new actually let's see 21049 13:58:55,560 --> 13:58:59,160 if you can do it here 21050 13:59:05,880 --> 13:59:12,000 no so you just go to ads. goole.com and 21051 13:59:09,276 --> 13:59:16,680 click create new 21052 13:59:12,000 --> 13:59:17,956 account now the way that they so they 21053 13:59:16,680 --> 13:59:19,756 when you're creating your ad account 21054 13:59:17,956 --> 13:59:21,840 they try to just get you to make your 21055 13:59:19,756 --> 13:59:24,320 very first campaign be want to bet they 21056 13:59:21,840 --> 13:59:25,916 have some metrics around like user 21057 13:59:24,320 --> 13:59:27,840 Advertiser retention that when they get 21058 13:59:25,916 --> 13:59:31,080 you to launch something you're far more 21059 13:59:27,840 --> 13:59:33,560 likely to uh stick 21060 13:59:31,080 --> 13:59:34,480 around so but we're just going to skip 21061 13:59:33,560 --> 13:59:37,480 that for now 21062 13:59:34,480 --> 13:59:37,480 now 21063 13:59:39,916 --> 13:59:44,640 do Google ads uh support is far more 21064 13:59:43,480 --> 13:59:48,756 accessible 21065 13:59:44,640 --> 13:59:52,160 than uh the US is or than Facebook 21066 13:59:48,756 --> 13:59:56,160 is and for ad I'll just 21067 13:59:52,160 --> 13:59:56,160 do that 21068 14:00:09,360 --> 14:00:14,116 they also have a pretty good mobile app 21069 14:00:12,160 --> 14:00:16,956 way better than meta 21070 14:00:14,116 --> 14:00:18,596 meta's advertising app 21071 14:00:16,956 --> 14:00:21,200 stinks all right now I'm going to 21072 14:00:18,596 --> 14:00:21,200 bookmark 21073 14:00:22,320 --> 14:00:27,200 this Google ads now we're going to go 21074 14:00:25,160 --> 14:00:30,480 back to 21075 14:00:27,200 --> 14:00:32,916 analytics and Link 21076 14:00:30,480 --> 14:00:36,520 our 21077 14:00:32,916 --> 14:00:36,520 account CH Google 21078 14:00:39,080 --> 14:00:45,360 accounts there we go so the new one is 21079 14:00:45,796 --> 14:00:54,436 163 163 confirm next configure settings 21080 14:00:50,320 --> 14:00:58,436 enable personalize yep Auto tagging 21081 14:00:54,436 --> 14:01:02,436 yep enable personalize advertising 21082 14:00:58,436 --> 14:01:02,436 yep yeah 21083 14:01:04,480 --> 14:01:08,680 link created so Google analytics if you 21084 14:01:07,200 --> 14:01:11,240 haven't picked up on it by now it's kind 21085 14:01:08,680 --> 14:01:13,880 of like the Facebook pixel for Facebook 21086 14:01:11,240 --> 14:01:17,840 ads just what's going to be reporting 21087 14:01:13,880 --> 14:01:19,480 back to Google ads um so they know like 21088 14:01:17,840 --> 14:01:21,520 how it's 21089 14:01:19,480 --> 14:01:24,560 performing plus it gives you a bunch of 21090 14:01:21,520 --> 14:01:27,240 other useful insights that uh Facebook 21091 14:01:24,560 --> 14:01:27,240 doesn't really give 21092 14:01:28,240 --> 14:01:32,160 you next we're just going to bookmark 21093 14:01:30,680 --> 14:01:34,956 all of 21094 14:01:32,160 --> 14:01:38,796 our all of our Google related stuff 21095 14:01:34,956 --> 14:01:38,796 we're going to put in a nice little 21096 14:01:53,000 --> 14:01:58,116 folder so this is the Google uh merchant 21097 14:01:56,560 --> 14:01:59,436 center which is kind of like your 21098 14:01:58,116 --> 14:02:02,480 Commerce 21099 14:01:59,436 --> 14:02:04,956 account uh for Facebook 21100 14:02:02,480 --> 14:02:07,756 ads this is where where you manage all 21101 14:02:04,956 --> 14:02:09,400 your uh all your products and stuff 21102 14:02:07,756 --> 14:02:11,560 we're just come we're not going to do 21103 14:02:09,400 --> 14:02:13,560 anything right now we're just 21104 14:02:11,560 --> 14:02:17,160 bookmarking 21105 14:02:13,560 --> 14:02:17,160 it so we have it 21106 14:02:17,560 --> 14:02:21,756 later there's as you can tell there's a 21107 14:02:20,320 --> 14:02:23,956 lot of different accounts and stuff 21108 14:02:21,756 --> 14:02:26,840 involved with running these businesses 21109 14:02:23,956 --> 14:02:30,200 but uh it's really manageable if you 21110 14:02:26,840 --> 14:02:32,436 just do stuff like this so then you know 21111 14:02:30,200 --> 14:02:34,680 as you're watching new trainings and 21112 14:02:32,436 --> 14:02:36,880 other tutorials and 21113 14:02:34,680 --> 14:02:40,040 getting on coaching calls and we scale 21114 14:02:36,880 --> 14:02:41,200 and like it's very easy to navigate to 21115 14:02:40,040 --> 14:02:43,320 stuff and you're not like oh where's 21116 14:02:41,200 --> 14:02:46,640 that account like what's that URL gets 21117 14:02:43,320 --> 14:02:48,400 overwhelming very quickly so start doing 21118 14:02:46,640 --> 14:02:53,720 this get in the habit of doing that and 21119 14:02:48,400 --> 14:02:55,680 and um yeah it'll save you a lot of 21120 14:02:53,720 --> 14:02:57,720 Heartache all right so we don't have any 21121 14:02:55,680 --> 14:03:02,480 products oh wow it already 21122 14:02:57,720 --> 14:03:02,480 updated that's awesome 21123 14:03:03,956 --> 14:03:09,160 cool well we're going to talk about that 21124 14:03:05,520 --> 14:03:10,840 in a separate video but just for now 21125 14:03:09,160 --> 14:03:14,596 last account that we have to set up is 21126 14:03:10,840 --> 14:03:16,880 Google my business and this 21127 14:03:14,596 --> 14:03:19,000 is all the stuff that's going to show up 21128 14:03:16,880 --> 14:03:20,640 here on the right so your Google 21129 14:03:19,000 --> 14:03:22,320 business profile kind of like if you 21130 14:03:20,640 --> 14:03:25,320 search a local 21131 14:03:22,320 --> 14:03:25,320 business 21132 14:03:30,596 --> 14:03:38,200 um like let's look up uh really good 21133 14:03:33,400 --> 14:03:38,200 talk place in Austin torches 21134 14:03:38,956 --> 14:03:43,796 tacos 21135 14:03:40,796 --> 14:03:43,796 sure 21136 14:03:46,480 --> 14:03:53,320 no it didn't do 21137 14:03:49,480 --> 14:03:55,400 it see if yoga stay does it does it like 21138 14:03:53,320 --> 14:03:59,000 here so here's some of 21139 14:03:55,400 --> 14:04:02,360 it uh like how it pops up specific stuff 21140 14:03:59,000 --> 14:04:04,756 for your brand on the right hand side 21141 14:04:02,360 --> 14:04:09,080 that comes from claiming 21142 14:04:04,756 --> 14:04:09,080 your your Google my business 21143 14:04:11,560 --> 14:04:19,560 account so that's your Google uh 21144 14:04:14,796 --> 14:04:19,560 business profile so go to sign 21145 14:04:19,956 --> 14:04:24,640 in 21146 14:04:21,640 --> 14:04:24,640 seasonal 21147 14:04:25,276 --> 14:04:29,520 collections what create a 21148 14:04:30,160 --> 14:04:34,160 business peril 21149 14:04:37,596 --> 14:04:42,880 clothing clothing store is there 21150 14:04:40,436 --> 14:04:42,880 anything with 21151 14:04:43,200 --> 14:04:46,520 brand no 21152 14:04:54,520 --> 14:04:59,436 clothing clothing store 21153 14:04:57,240 --> 14:05:01,596 next you want to add a location 21154 14:04:59,436 --> 14:05:04,840 customers can visit no they don't have a 21155 14:05:01,596 --> 14:05:07,560 physical location where do you serve 21156 14:05:04,840 --> 14:05:10,560 customers 21157 14:05:07,560 --> 14:05:10,560 nope 21158 14:05:19,160 --> 14:05:24,756 us get updates about your business yes 21159 14:05:35,200 --> 14:05:42,276 okay now I'm going to enter a physical 21160 14:05:38,040 --> 14:05:44,276 address for uh for the business and then 21161 14:05:42,276 --> 14:05:48,360 in order to verify it they're going to 21162 14:05:44,276 --> 14:05:49,880 ship a letter to to that location and on 21163 14:05:48,360 --> 14:05:50,880 the letter it's going to have a code 21164 14:05:49,880 --> 14:05:53,040 that we're going to have to come back 21165 14:05:50,880 --> 14:05:53,040 and 21166 14:05:53,160 --> 14:05:59,116 enter okay they're going to send a email 21167 14:05:56,116 --> 14:05:59,116 code 21168 14:06:08,480 --> 14:06:13,040 so copy the code back paste 21169 14:06:15,200 --> 14:06:22,200 verify nice uh 21170 14:06:18,200 --> 14:06:26,240 open open open open 21171 14:06:22,200 --> 14:06:32,400 open and open we have to put 21172 14:06:26,240 --> 14:06:32,400 times 24 hours 24 hours 21173 14:06:52,956 --> 14:07:02,000 okay write a 700 21174 14:06:57,916 --> 14:07:04,360 character concise and 21175 14:07:02,000 --> 14:07:05,796 engaging Google 21176 14:07:04,360 --> 14:07:09,400 business 21177 14:07:05,796 --> 14:07:11,640 description about a print on demand 21178 14:07:09,400 --> 14:07:16,276 apparel company 21179 14:07:11,640 --> 14:07:19,040 selling high quality t-shirts with 21180 14:07:16,276 --> 14:07:21,240 graphic designs 21181 14:07:19,040 --> 14:07:24,240 named 21182 14:07:21,240 --> 14:07:24,240 seasonal 21183 14:07:24,756 --> 14:07:29,956 collections chat GPT is 21184 14:07:27,796 --> 14:07:31,520 amazing best part is that you can just 21185 14:07:29,956 --> 14:07:32,880 like brain dump like stream of 21186 14:07:31,520 --> 14:07:35,436 Consciousness and it's going to come up 21187 14:07:32,880 --> 14:07:35,436 with 21188 14:07:41,160 --> 14:07:49,160 re write it to be more 21189 14:07:46,116 --> 14:07:54,276 persuasive goal is to 21190 14:07:49,160 --> 14:07:54,276 get customers to click 21191 14:08:07,400 --> 14:08:10,880 cool copy 21192 14:08:18,956 --> 14:08:24,840 that just pasting the products that we 21193 14:08:21,956 --> 14:08:27,436 have for now you can always come back 21194 14:08:24,840 --> 14:08:30,240 and add different images or make custom 21195 14:08:27,436 --> 14:08:34,840 images but it's 21196 14:08:30,240 --> 14:08:34,840 not not a huge deal 21197 14:08:49,436 --> 14:08:57,596 oh crap I didn't realize that one design 21198 14:08:53,596 --> 14:08:57,596 says bomb in it 21199 14:09:05,596 --> 14:09:10,880 so to fix 21200 14:09:07,756 --> 14:09:13,680 that going to go back to our ad library 21201 14:09:10,880 --> 14:09:13,680 and delete that 21202 14:09:23,520 --> 14:09:29,080 design 21203 14:09:25,520 --> 14:09:29,080 delete that could have been 21204 14:09:30,360 --> 14:09:35,040 bad we have this one twice 21205 14:09:36,956 --> 14:09:40,680 I don't like that that one's still in 21206 14:09:38,520 --> 14:09:42,000 review shouldn't have taken that long so 21207 14:09:40,680 --> 14:09:45,160 deleting that 21208 14:09:42,000 --> 14:09:45,160 too all 21209 14:09:47,560 --> 14:09:51,000 right uh get 21210 14:09:57,796 --> 14:10:01,796 started no 21211 14:10:21,160 --> 14:10:25,000 okay so we went through all the Google 21212 14:10:22,720 --> 14:10:27,200 my business stuff you can see the 21213 14:10:25,000 --> 14:10:31,880 profile it's still pending 21214 14:10:27,200 --> 14:10:31,880 until um until they send us 21215 14:10:32,080 --> 14:10:39,000 that uh until they send us the thing in 21216 14:10:35,040 --> 14:10:39,000 the mail but until 21217 14:10:44,240 --> 14:10:47,880 then we're just going 21218 14:10:49,916 --> 14:10:54,520 to bookmark this 21219 14:11:15,596 --> 14:11:18,880 and I they used to have like a page 21220 14:11:17,520 --> 14:11:21,160 where you would sign in it looks like 21221 14:11:18,880 --> 14:11:23,436 they updated it so you edit it right 21222 14:11:21,160 --> 14:11:25,916 within the search settings which is kind 21223 14:11:23,436 --> 14:11:28,160 of smart because 21224 14:11:25,916 --> 14:11:30,116 that's like really what where it's going 21225 14:11:28,160 --> 14:11:32,840 to show up this is the only place that 21226 14:11:30,116 --> 14:11:35,000 Google my business like really shows up 21227 14:11:32,840 --> 14:11:37,160 is when 21228 14:11:35,000 --> 14:11:39,040 customers uh go to your store then they 21229 14:11:37,160 --> 14:11:41,436 want to find you again they look you up 21230 14:11:39,040 --> 14:11:43,756 or if their friend tells you about 21231 14:11:41,436 --> 14:11:46,480 it uh tell tells them about the store 21232 14:11:43,756 --> 14:11:50,436 and they Google you now instead of just 21233 14:11:46,480 --> 14:11:52,880 seeing like random stuff they'll see our 21234 14:11:50,436 --> 14:11:55,596 profil show up once we verify the 21235 14:11:52,880 --> 14:11:57,436 business so there we have it so we set 21236 14:11:55,596 --> 14:11:59,436 up our Google analytics account or 21237 14:11:57,436 --> 14:12:01,116 Google ads or merchant center and Google 21238 14:11:59,436 --> 14:12:03,320 my business those are all the accounts 21239 14:12:01,116 --> 14:12:05,000 you need they were all free to set up 21240 14:12:03,320 --> 14:12:06,276 they're good things that just set up and 21241 14:12:05,000 --> 14:12:08,276 now you can pretty much forget about 21242 14:12:06,276 --> 14:12:09,916 them aside from the Google ads and 21243 14:12:08,276 --> 14:12:11,840 they'll just be collecting data in the 21244 14:12:09,916 --> 14:12:13,520 background and then Google my business 21245 14:12:11,840 --> 14:12:15,640 makes you look a lot more legit when 21246 14:12:13,520 --> 14:12:17,140 people are trying to find you thanks for 21247 14:12:15,640 --> 14:12:27,276 watching and I'll see you 21248 14:12:17,140 --> 14:12:30,480 [Music] 21249 14:12:27,276 --> 14:12:32,680 soon after I finished setting up all the 21250 14:12:30,480 --> 14:12:34,436 Google accounts in the last lesson and I 21251 14:12:32,680 --> 14:12:36,160 was waiting waiting for the products to 21252 14:12:34,436 --> 14:12:38,000 get published to the feed I Got a 21253 14:12:36,160 --> 14:12:40,080 notification on my phone that our 21254 14:12:38,000 --> 14:12:41,560 merchant account had been banned and 21255 14:12:40,080 --> 14:12:44,680 I've honestly never dealt with this 21256 14:12:41,560 --> 14:12:47,200 before but I logged in and saw this 21257 14:12:44,680 --> 14:12:49,360 message it says Dear Google merchant 21258 14:12:47,200 --> 14:12:50,680 center user we've reviewed your merchant 21259 14:12:49,360 --> 14:12:52,956 center account and found policy 21260 14:12:50,680 --> 14:12:55,720 violations it was in violation of the 21261 14:12:52,956 --> 14:12:57,520 following policy abuse of the network so 21262 14:12:55,720 --> 14:13:00,520 Google doesn't allow malicious content 21263 14:12:57,520 --> 14:13:02,680 not us sites that offer little unique 21264 14:13:00,520 --> 14:13:05,160 value to users it's a little offensive 21265 14:13:02,680 --> 14:13:07,400 but it's not us either and our Focus 21266 14:13:05,160 --> 14:13:09,840 primarily on traffic generation or 21267 14:13:07,400 --> 14:13:11,680 Merchants who attempt to gain an unfair 21268 14:13:09,840 --> 14:13:13,756 advantage in shopping campaigns 21269 14:13:11,680 --> 14:13:16,520 Merchants who attempt to bypass our 21270 14:13:13,756 --> 14:13:19,200 review process none of those apply to us 21271 14:13:16,520 --> 14:13:20,840 at all so yeah there's no real it's kind 21272 14:13:19,200 --> 14:13:23,596 of feels like a Facebook ban like no 21273 14:13:20,840 --> 14:13:25,240 real reason to it my only guess two 21274 14:13:23,596 --> 14:13:28,320 things that it could have possibly been 21275 14:13:25,240 --> 14:13:31,160 is number one I've been using a VPN but 21276 14:13:28,320 --> 14:13:32,680 I've I always use a VPN so I'm not sure 21277 14:13:31,160 --> 14:13:35,160 why that would have been an issue but 21278 14:13:32,680 --> 14:13:37,360 like a abuse of the network that sounds 21279 14:13:35,160 --> 14:13:39,840 like like if you look here this is their 21280 14:13:37,360 --> 14:13:43,116 detailed explanation malicious software 21281 14:13:39,840 --> 14:13:45,956 no compromise sites no unwanted 21282 14:13:43,116 --> 14:13:47,240 softwares no yeah so none of these 21283 14:13:45,956 --> 14:13:49,320 really apply to us it's just an 21284 14:13:47,240 --> 14:13:50,796 automatic ban but the other thing it 21285 14:13:49,320 --> 14:13:52,880 could have been is that I noticed that 21286 14:13:50,796 --> 14:13:55,720 after I set up the account merchant 21287 14:13:52,880 --> 14:13:57,520 center account our VA was going through 21288 14:13:55,720 --> 14:14:00,116 and she was changing the mockups in 21289 14:13:57,520 --> 14:14:02,116 Shopify and as she was doing that she 21290 14:14:00,116 --> 14:14:03,436 deactivated all the products so that she 21291 14:14:02,116 --> 14:14:04,880 could change them without about it like 21292 14:14:03,436 --> 14:14:06,276 interfering with the site but when she 21293 14:14:04,880 --> 14:14:08,000 did that like we don't have many 21294 14:14:06,276 --> 14:14:10,400 products right now so it looked like the 21295 14:14:08,000 --> 14:14:12,480 site had no products so that's my main 21296 14:14:10,400 --> 14:14:14,680 guess is that they just didn't like that 21297 14:14:12,480 --> 14:14:17,116 they had a bot go craw the website saw 21298 14:14:14,680 --> 14:14:20,240 no products and that made us fall under 21299 14:14:17,116 --> 14:14:21,680 this category of sites that where is it 21300 14:14:20,240 --> 14:14:23,560 whatever the sites that provide little 21301 14:14:21,680 --> 14:14:27,320 or no value what we're going to do about 21302 14:14:23,560 --> 14:14:30,200 it is I went to their contact us and I'm 21303 14:14:27,320 --> 14:14:32,680 just submitting an appeal and saying 21304 14:14:30,200 --> 14:14:34,320 account suspension sending them an email 21305 14:14:32,680 --> 14:14:37,480 was your Google ads account suspended 21306 14:14:34,320 --> 14:14:39,680 for shopping yes okay so I'm not sure if 21307 14:14:37,480 --> 14:14:41,756 this is the right place to submit this 21308 14:14:39,680 --> 14:14:44,360 but I'm going to submit it anyway so I'm 21309 14:14:41,756 --> 14:14:46,880 just saying other policy violation give 21310 14:14:44,360 --> 14:14:50,520 the merchant center ID 21311 14:14:46,880 --> 14:14:52,080 URL it doesn't even apply to a data feed 21312 14:14:50,520 --> 14:14:53,756 so I didn't even set that up yet but I'm 21313 14:14:52,080 --> 14:14:55,080 just sending this message saying hope 21314 14:14:53,756 --> 14:14:56,880 you're doing well reaching out because I 21315 14:14:55,080 --> 14:14:58,400 got flagged basically playing the card 21316 14:14:56,880 --> 14:15:00,000 of like I'm just an innocent seller I 21317 14:14:58,400 --> 14:15:02,160 don't know what I'm doing and I got this 21318 14:15:00,000 --> 14:15:03,916 big scary ban message thank you in 21319 14:15:02,160 --> 14:15:05,916 advance for your help and then best 21320 14:15:03,916 --> 14:15:08,320 regards my name then I'm going to put my 21321 14:15:05,916 --> 14:15:09,956 personal phone number which similar to 21322 14:15:08,320 --> 14:15:11,436 trying to get a Facebook account back 21323 14:15:09,956 --> 14:15:14,560 very unlikely that they'll ever actually 21324 14:15:11,436 --> 14:15:16,000 call you just little extra you know uh 21325 14:15:14,560 --> 14:15:17,400 sign that you're somebody legit and 21326 14:15:16,000 --> 14:15:19,080 you're not just a scammer cuz if you 21327 14:15:17,400 --> 14:15:20,720 were just a scammer trying to pop up 21328 14:15:19,080 --> 14:15:22,160 fake accounts you wouldn't give a phone 21329 14:15:20,720 --> 14:15:24,436 number to make yourself easily 21330 14:15:22,160 --> 14:15:26,560 accessible to them so that's what we're 21331 14:15:24,436 --> 14:15:28,520 going to do and kind of ends up being a 21332 14:15:26,560 --> 14:15:30,436 good learning experience seeing that it 21333 14:15:28,520 --> 14:15:31,796 happens to everybody so if it's your own 21334 14:15:30,436 --> 14:15:33,720 accounts that this happens to it's 21335 14:15:31,796 --> 14:15:35,680 frustrating but just don't get worked up 21336 14:15:33,720 --> 14:15:37,240 over it just see what the issue is nine 21337 14:15:35,680 --> 14:15:39,040 times out of 10 it's just an automatic 21338 14:15:37,240 --> 14:15:40,956 flag and you'll be able to get it back 21339 14:15:39,040 --> 14:15:42,670 so I'm going to submit this now and I'll 21340 14:15:40,956 --> 14:15:53,680 keep you posted with any 21341 14:15:42,670 --> 14:15:55,596 [Music] 21342 14:15:53,680 --> 14:15:57,796 updates in this lesson we're going to be 21343 14:15:55,596 --> 14:16:00,720 setting up our Google ads so we've 21344 14:15:57,796 --> 14:16:03,000 already created the accounts and I did a 21345 14:16:00,720 --> 14:16:04,880 great job and got banned right away it's 21346 14:16:03,000 --> 14:16:07,640 now a new day and our account is still 21347 14:16:04,880 --> 14:16:11,360 banned which means I can't create new 21348 14:16:07,640 --> 14:16:13,640 campaigns which is a great timing so 21349 14:16:11,360 --> 14:16:15,000 instead of going through the setup on 21350 14:16:13,640 --> 14:16:17,080 seasonal collections I'm just going to 21351 14:16:15,000 --> 14:16:18,720 show you the campaigns in our existing 21352 14:16:17,080 --> 14:16:21,116 store just going to like blur out the 21353 14:16:18,720 --> 14:16:23,916 name names and URLs and stuff it'll 21354 14:16:21,116 --> 14:16:25,880 still give you a feel for the campaigns 21355 14:16:23,916 --> 14:16:28,160 we're setting up and again they're very 21356 14:16:25,880 --> 14:16:29,880 very basic there's really detailed 21357 14:16:28,160 --> 14:16:31,840 Google ad trainings out there that you 21358 14:16:29,880 --> 14:16:34,240 can go through but the ones that I set 21359 14:16:31,840 --> 14:16:36,480 up are just like the hanging fruit 21360 14:16:34,240 --> 14:16:38,160 biggest bang for your buck type of thing 21361 14:16:36,480 --> 14:16:40,400 my bread and butters always come from 21362 14:16:38,160 --> 14:16:43,520 Facebook so and the reason that we're 21363 14:16:40,400 --> 14:16:45,520 setting these up is to similar to our 21364 14:16:43,520 --> 14:16:47,720 email flows and automations it's like 21365 14:16:45,520 --> 14:16:50,840 once you set it up you can pretty much 21366 14:16:47,720 --> 14:16:53,000 forget about it and it optimizes really 21367 14:16:50,840 --> 14:16:55,116 well over time like here's our two 21368 14:16:53,000 --> 14:16:59,520 campaigns are the search campaigns and 21369 14:16:55,116 --> 14:17:01,956 then the pmax campaigns which pmax was 21370 14:16:59,520 --> 14:17:03,436 Google had a bunch of different ad types 21371 14:17:01,956 --> 14:17:05,756 like campaign types they basically 21372 14:17:03,436 --> 14:17:07,916 bundled them all together and that's 21373 14:17:05,756 --> 14:17:10,400 what we run now so here's the results 21374 14:17:07,916 --> 14:17:14,040 from the last couple of days like last 21375 14:17:10,400 --> 14:17:17,276 week on The pmax Campaign spent 131 21376 14:17:14,040 --> 14:17:21,160 bucks for just under $600 in sales which 21377 14:17:17,276 --> 14:17:23,436 is a 4.5 return which is awesome I would 21378 14:17:21,160 --> 14:17:25,400 do that all day every day they don't 21379 14:17:23,436 --> 14:17:27,796 spend as much though because it's mostly 21380 14:17:25,400 --> 14:17:29,956 running off of like a Target Raz that I 21381 14:17:27,796 --> 14:17:31,796 gave it so if I were to lower that Raz 21382 14:17:29,956 --> 14:17:35,680 it would spend more but the daily budget 21383 14:17:31,796 --> 14:17:37,720 is set at 300 and it's only spent 130 21384 14:17:35,680 --> 14:17:40,520 what is that like 20 less than 20 bucks 21385 14:17:37,720 --> 14:17:44,640 a day so that's actually crazy it's less 21386 14:17:40,520 --> 14:17:48,480 than 10% it's like 7% of the daily 21387 14:17:44,640 --> 14:17:50,640 budget yeah 6.6% so but I'll take it 21388 14:17:48,480 --> 14:17:53,436 it's running at 4.5 I'll take that all 21389 14:17:50,640 --> 14:17:56,200 day let's see what the return's been 21390 14:17:53,436 --> 14:17:59,360 Lifetime on this campaign yeah look at 21391 14:17:56,200 --> 14:18:02,360 that five so it's low much lower spend 21392 14:17:59,360 --> 14:18:06,200 than Facebook but running at a 4.8 21393 14:18:02,360 --> 14:18:07,916 that's awesome that's like 40% margin 21394 14:18:06,200 --> 14:18:10,756 that's what we're setting up so let's do 21395 14:18:07,916 --> 14:18:12,400 it so way you're going to do this is so 21396 14:18:10,756 --> 14:18:15,560 first you have to have your product 21397 14:18:12,400 --> 14:18:17,116 catalog linked which you can tell if 21398 14:18:15,560 --> 14:18:19,756 it's linked by going to the Google and 21399 14:18:17,116 --> 14:18:23,116 YouTube app and Shopify mine is not 21400 14:18:19,756 --> 14:18:26,000 linked right now because I got banned 21401 14:18:23,116 --> 14:18:30,080 yeah so all my products are not approved 21402 14:18:26,000 --> 14:18:32,400 which is super cool but uh if you don't 21403 14:18:30,080 --> 14:18:34,436 have my luck today then yours will be 21404 14:18:32,400 --> 14:18:37,320 approved approved and you'll be able to 21405 14:18:34,436 --> 14:18:39,796 link your merchant center to your ad 21406 14:18:37,320 --> 14:18:40,956 account so you do that merchant center 21407 14:18:39,796 --> 14:18:42,916 Google merchant center is where you 21408 14:18:40,956 --> 14:18:44,796 manage all your products it's like 21409 14:18:42,916 --> 14:18:46,200 Facebook like Commerce Center basically 21410 14:18:44,796 --> 14:18:47,916 the same thing it's where you manage 21411 14:18:46,200 --> 14:18:51,756 your product feed and then up here you 21412 14:18:47,916 --> 14:18:53,320 go to linked accounts and you link it to 21413 14:18:51,756 --> 14:18:54,400 your Google ads account I don't even 21414 14:18:53,320 --> 14:18:58,680 know if it's going to let me do this 21415 14:18:54,400 --> 14:18:58,680 because the merchant Center's banned 21416 14:19:03,200 --> 14:19:07,796 so yeah right it's prompting me to make 21417 14:19:05,436 --> 14:19:07,796 a new 21418 14:19:19,240 --> 14:19:24,916 one so yeah once your merchant center is 21419 14:19:22,200 --> 14:19:28,000 linked to your ad account and you come 21420 14:19:24,916 --> 14:19:31,640 into your Google ads account and click 21421 14:19:28,000 --> 14:19:33,916 this big Plus in the top Corner click 21422 14:19:31,640 --> 14:19:35,436 campaign and you're given the different 21423 14:19:33,916 --> 14:19:38,640 objectives that you can choose from 21424 14:19:35,436 --> 14:19:38,640 we're going to do sales 21425 14:19:39,720 --> 14:19:44,596 obviously conversion goal 21426 14:19:42,080 --> 14:19:46,916 purchases 21427 14:19:44,596 --> 14:19:48,480 continue and we're going to do so 21428 14:19:46,916 --> 14:19:50,720 there's search ads which we'll set that 21429 14:19:48,480 --> 14:19:53,160 up in a second then there's performance 21430 14:19:50,720 --> 14:19:55,520 Max which is the one that's basically 21431 14:19:53,160 --> 14:19:56,796 combining the rest of these so we'll do 21432 14:19:55,520 --> 14:19:58,116 that going to have you select the 21433 14:19:56,796 --> 14:20:02,756 merchant center account that you want to 21434 14:19:58,116 --> 14:20:04,436 use you'll go to continue 21435 14:20:02,756 --> 14:20:06,916 and start 21436 14:20:04,436 --> 14:20:09,596 new what do you want to focus on we want 21437 14:20:06,916 --> 14:20:10,596 to focus on conversion value and Target 21438 14:20:09,596 --> 14:20:14,200 row 21439 14:20:10,596 --> 14:20:16,596 as so I'll leave it at what it 21440 14:20:14,200 --> 14:20:18,560 recommends I think it's pulling that for 21441 14:20:16,596 --> 14:20:21,116 this account from what it's already 21442 14:20:18,560 --> 14:20:23,116 seeing then I'm going to optimize for 21443 14:20:21,116 --> 14:20:25,080 acquiring new customers so this is like 21444 14:20:23,116 --> 14:20:29,400 saying that I want it to run at like a 21445 14:20:25,080 --> 14:20:31,080 five row as which sure if that's what 21446 14:20:29,400 --> 14:20:34,756 it's recommended I'll take 21447 14:20:31,080 --> 14:20:36,880 it uh so if you lower this row as number 21448 14:20:34,756 --> 14:20:39,796 like if I said I only want to shoot for 21449 14:20:36,880 --> 14:20:42,596 200% which is a 3X that would obviously 21450 14:20:39,796 --> 14:20:43,880 get a higher spend like I would get more 21451 14:20:42,596 --> 14:20:45,596 conversions but it would just be at a 21452 14:20:43,880 --> 14:20:46,916 lower row as yeah you can play around 21453 14:20:45,596 --> 14:20:49,276 with that however you want and I'm going 21454 14:20:46,916 --> 14:20:51,720 to select bid higher for new customers 21455 14:20:49,276 --> 14:20:55,116 compared to existing yes all countries 21456 14:20:51,720 --> 14:20:55,116 and territories 21457 14:20:55,160 --> 14:21:00,560 English more settings add schedule yeah 21458 14:20:58,000 --> 14:21:00,560 all this can 21459 14:21:01,520 --> 14:21:07,200 stay yeah we can leave all this okay so 21460 14:21:04,116 --> 14:21:09,040 here we have to give descriptions of our 21461 14:21:07,200 --> 14:21:11,436 we have to you put in your URL and you 21462 14:21:09,040 --> 14:21:14,436 just say what products you're promoting 21463 14:21:11,436 --> 14:21:17,160 so we're going to say 21464 14:21:14,436 --> 14:21:19,560 t-shirt 21465 14:21:17,160 --> 14:21:21,720 t-shirts there we go and then what makes 21466 14:21:19,560 --> 14:21:24,640 your product or Services unique just 21467 14:21:21,720 --> 14:21:27,880 plug this prompt into chat gbt tell it 21468 14:21:24,640 --> 14:21:31,520 about your brand and it'll come up with 21469 14:21:27,880 --> 14:21:31,520 something good for you 21470 14:21:35,436 --> 14:21:39,400 oh wow they actually added this generate 21471 14:21:41,880 --> 14:21:47,720 assets oh this 21472 14:21:44,480 --> 14:21:49,596 is that's funny it generated these for 21473 14:21:47,720 --> 14:21:52,276 us okay and then this is where we really 21474 14:21:49,596 --> 14:21:56,040 build our ad and completely 21475 14:21:52,276 --> 14:21:58,680 transparently I'm I just come up with 21476 14:21:56,040 --> 14:22:00,916 random stuff and plug it in uh because 21477 14:21:58,680 --> 14:22:03,320 they give you 15 different slots for 21478 14:22:00,916 --> 14:22:05,916 your headline five different slots for 21479 14:22:03,320 --> 14:22:07,360 your long headlines five different slots 21480 14:22:05,916 --> 14:22:10,640 for your descriptions and then for the 21481 14:22:07,360 --> 14:22:13,916 images I just do a combination of our 21482 14:22:10,640 --> 14:22:17,596 best-selling product mockups and then 21483 14:22:13,916 --> 14:22:20,796 some like canva designed grid ads just 21484 14:22:17,596 --> 14:22:23,116 throw in a bunch of it and hit publish 21485 14:22:20,796 --> 14:22:25,276 and I know that seems like pretty simple 21486 14:22:23,116 --> 14:22:28,596 and honestly it is I leave everything 21487 14:22:25,276 --> 14:22:30,916 automated and pmax ads like you saw how 21488 14:22:28,596 --> 14:22:33,200 well they perform with for us and all 21489 14:22:30,916 --> 14:22:37,756 that I'm plugging in is random stuff 21490 14:22:33,200 --> 14:22:41,080 so like for the headlines I might 21491 14:22:37,756 --> 14:22:42,880 write let's see what yeah and it can 21492 14:22:41,080 --> 14:22:44,756 even yeah they have ai now that's going 21493 14:22:42,880 --> 14:22:47,080 to come up with it for you so you just 21494 14:22:44,756 --> 14:22:49,916 tell tell a little bit about your brand 21495 14:22:47,080 --> 14:22:52,040 have the AI generate for you I recommend 21496 14:22:49,916 --> 14:22:55,000 using up all of the slots though that's 21497 14:22:52,040 --> 14:22:57,400 the one thing I would say is set your 21498 14:22:55,000 --> 14:22:59,480 final URL as your collection page your 21499 14:22:57,400 --> 14:23:01,200 main sale collection page not your 21500 14:22:59,480 --> 14:23:02,916 homepage that's where we want to be 21501 14:23:01,200 --> 14:23:04,756 driving all of our traffic oh and make 21502 14:23:02,916 --> 14:23:07,276 sure that it's set to all products so 21503 14:23:04,756 --> 14:23:09,640 your collection page URL headlines just 21504 14:23:07,276 --> 14:23:12,200 use AI to generate them fill up as many 21505 14:23:09,640 --> 14:23:14,160 as you can fill up all of the long 21506 14:23:12,200 --> 14:23:16,520 headlines 21507 14:23:14,160 --> 14:23:17,720 descriptions and then images yeah I 21508 14:23:16,520 --> 14:23:20,436 already told you about those and then 21509 14:23:17,720 --> 14:23:22,276 for the logos you upload I think it it 21510 14:23:20,436 --> 14:23:25,200 mentions it yeah you want to upload 21511 14:23:22,276 --> 14:23:26,596 different versions for each so because 21512 14:23:25,200 --> 14:23:28,840 it's what it's going to do is it's going 21513 14:23:26,596 --> 14:23:31,200 to show your ads in different placements 21514 14:23:28,840 --> 14:23:33,360 so you can see what they look like here 21515 14:23:31,200 --> 14:23:35,596 but it's going to 21516 14:23:33,360 --> 14:23:39,320 like it's going to basically these ads 21517 14:23:35,596 --> 14:23:40,956 are going to go on YouTube Gmail it's 21518 14:23:39,320 --> 14:23:43,200 going to be in people's inboxes which I 21519 14:23:40,956 --> 14:23:47,240 always think is pretty cool uh it's 21520 14:23:43,200 --> 14:23:49,596 going to show up in search display and 21521 14:23:47,240 --> 14:23:51,080 discover and the display network is one 21522 14:23:49,596 --> 14:23:52,956 of the most powerful to me because 21523 14:23:51,080 --> 14:23:54,916 that's it's going to show to people all 21524 14:23:52,956 --> 14:23:57,360 across the internet like if people go to 21525 14:23:54,916 --> 14:23:59,916 CNN or Fox News those are both Google 21526 14:23:57,360 --> 14:24:02,756 Display Network sites meaning that they 21527 14:23:59,916 --> 14:24:04,200 give ad spots to Google to advertise on 21528 14:24:02,756 --> 14:24:07,080 and then they make a percentage of the 21529 14:24:04,200 --> 14:24:10,400 revenue but like there's uh and then by 21530 14:24:07,080 --> 14:24:12,840 us launching a pmax ad our ads are going 21531 14:24:10,400 --> 14:24:14,520 to show on those sites and fox and CNN 21532 14:24:12,840 --> 14:24:17,276 are just two random examples there's 21533 14:24:14,520 --> 14:24:19,596 thousands and if not millions of sites 21534 14:24:17,276 --> 14:24:21,880 that subscribe to the Display Network 21535 14:24:19,596 --> 14:24:26,560 basically renting out their websites 21536 14:24:21,880 --> 14:24:30,200 real estate uh for advertisers like 21537 14:24:26,560 --> 14:24:33,436 us then for your search themes so this 21538 14:24:30,200 --> 14:24:35,200 is where I would just put 21539 14:24:33,436 --> 14:24:36,560 seasonal collections so this is our 21540 14:24:35,200 --> 14:24:38,240 brand name actually we don't even need 21541 14:24:36,560 --> 14:24:41,160 to do our search campaign since they 21542 14:24:38,240 --> 14:24:42,400 bundled that into the pmax as well 21543 14:24:41,160 --> 14:24:44,796 because our search campaign was 21544 14:24:42,400 --> 14:24:47,480 basically since we don't have we're not 21545 14:24:44,796 --> 14:24:50,680 doing SEO cuz that takes months if not 21546 14:24:47,480 --> 14:24:53,756 longer to rank for keywords instead what 21547 14:24:50,680 --> 14:24:56,880 we would normally do is run a search 21548 14:24:53,756 --> 14:24:59,240 campaign for like our brand name so that 21549 14:24:56,880 --> 14:25:02,756 when somebody for example types in yoga 21550 14:24:59,240 --> 14:25:07,040 stay they're not not not when they type 21551 14:25:02,756 --> 14:25:07,040 in the URL when they just type in the 21552 14:25:07,880 --> 14:25:11,840 word okay that time it showed 21553 14:25:14,916 --> 14:25:21,400 up see that this sponsored ad so if 21554 14:25:18,160 --> 14:25:23,080 there was a brand that was similar to 21555 14:25:21,400 --> 14:25:24,360 the word yoga State just so happens that 21556 14:25:23,080 --> 14:25:26,720 yoga state has been around for like 21557 14:25:24,360 --> 14:25:29,756 three years now so it actually has some 21558 14:25:26,720 --> 14:25:31,520 organic SEO but if you're a brand new 21559 14:25:29,756 --> 14:25:33,796 company especially with like seasonal 21560 14:25:31,520 --> 14:25:36,000 collections if I 21561 14:25:33,796 --> 14:25:38,200 search seasonal 21562 14:25:36,000 --> 14:25:40,520 collections see there's all these 21563 14:25:38,200 --> 14:25:42,720 different it's a pretty generic name so 21564 14:25:40,520 --> 14:25:44,360 there's a bunch of different companies 21565 14:25:42,720 --> 14:25:47,480 that have that are going to show up 21566 14:25:44,360 --> 14:25:50,276 before me but then when once I get 21567 14:25:47,480 --> 14:25:52,596 unbanned and can launch my pmax campaign 21568 14:25:50,276 --> 14:25:54,720 I'm going to show up at the top like 21569 14:25:52,596 --> 14:25:56,520 this see how it says sponsored this is 21570 14:25:54,720 --> 14:25:58,520 where my ad is going to be shown which 21571 14:25:56,520 --> 14:26:00,560 is really powerful because we want 21572 14:25:58,520 --> 14:26:02,520 people that have been to our site to be 21573 14:26:00,560 --> 14:26:03,916 able to find us again easily we want 21574 14:26:02,520 --> 14:26:06,956 them to be able to go like oh what was 21575 14:26:03,916 --> 14:26:08,880 that site like seasonal shirts or 21576 14:26:06,956 --> 14:26:10,796 seasonal and they're going to type in 21577 14:26:08,880 --> 14:26:13,596 variations of the name we don't want 21578 14:26:10,796 --> 14:26:16,436 them finding our competitors all the 21579 14:26:13,596 --> 14:26:19,916 other similarly named things we want 21580 14:26:16,436 --> 14:26:22,080 them finding us and now the the pmax 21581 14:26:19,916 --> 14:26:25,000 campaigns do that for us which is which 21582 14:26:22,080 --> 14:26:26,560 is awesome then this last part down here 21583 14:26:25,000 --> 14:26:29,040 you don't have to worry about it because 21584 14:26:26,560 --> 14:26:31,680 we haven't like really started running 21585 14:26:29,040 --> 14:26:34,320 ads yet or like getting traffic but this 21586 14:26:31,680 --> 14:26:35,880 is your audience signal which you could 21587 14:26:34,320 --> 14:26:37,560 think of this as like a custom audience 21588 14:26:35,880 --> 14:26:39,560 or a lookalike audience from Facebook 21589 14:26:37,560 --> 14:26:42,160 it's essentially the same thing it's 21590 14:26:39,560 --> 14:26:45,640 where we give it a a segment of our 21591 14:26:42,160 --> 14:26:48,520 audience as an example of uh first 21592 14:26:45,640 --> 14:26:50,880 prioritize like showing ads to these 21593 14:26:48,520 --> 14:26:52,400 people number one but then number two 21594 14:26:50,880 --> 14:26:55,720 when you run out of those people to hit 21595 14:26:52,400 --> 14:26:58,596 with ads this is us talking to to 21596 14:26:55,720 --> 14:27:00,880 Google um when you run out of that 21597 14:26:58,596 --> 14:27:02,756 audience people start reaching out to 21598 14:27:00,880 --> 14:27:05,360 new like customers 21599 14:27:02,756 --> 14:27:08,680 so very they operate Google ads operate 21600 14:27:05,360 --> 14:27:11,040 very similarly to Facebook ads and Tik 21601 14:27:08,680 --> 14:27:13,796 Tok all of them pretty much do the same 21602 14:27:11,040 --> 14:27:16,080 thing as they're all built on the same 21603 14:27:13,796 --> 14:27:17,680 like marketing principles like the laws 21604 14:27:16,080 --> 14:27:20,116 of physics like marketing principles 21605 14:27:17,680 --> 14:27:22,116 don't really change like the technology 21606 14:27:20,116 --> 14:27:25,880 and means of distribution changes but 21607 14:27:22,116 --> 14:27:29,560 like the The Core Concepts don't really 21608 14:27:25,880 --> 14:27:31,200 so anyway so fill this out and then the 21609 14:27:29,560 --> 14:27:33,240 cool thing is that at the end when you 21610 14:27:31,200 --> 14:27:35,080 go to launch it it will give you a 21611 14:27:33,240 --> 14:27:37,880 feedback score like it'll tell you if 21612 14:27:35,080 --> 14:27:40,400 your ads suck or not which is kind of 21613 14:27:37,880 --> 14:27:42,400 useful they normally say your ads suck 21614 14:27:40,400 --> 14:27:45,000 but um and then when you get to the 21615 14:27:42,400 --> 14:27:47,680 budget uh I would just start off with 25 21616 14:27:45,000 --> 14:27:49,160 bucks a day again it won't spend that 21617 14:27:47,680 --> 14:27:51,560 that much it'll it's going to do a 21618 14:27:49,160 --> 14:27:56,080 fraction of it uh since we set our row 21619 14:27:51,560 --> 14:27:59,000 as Target so high but um yeah set these 21620 14:27:56,080 --> 14:28:00,520 up out of the gate and once your 21621 14:27:59,000 --> 14:28:02,116 audiences and your traffic starts 21622 14:28:00,520 --> 14:28:04,116 picking up they're going to start 21623 14:28:02,116 --> 14:28:06,560 spending a lot more and they normally 21624 14:28:04,116 --> 14:28:08,680 run like very profitably for us as 21625 14:28:06,560 --> 14:28:12,480 you've seen so that's how to set up your 21626 14:28:08,680 --> 14:28:14,360 pmax campaigns sorry that wasn't able to 21627 14:28:12,480 --> 14:28:15,840 click by click show you but yeah 21628 14:28:14,360 --> 14:28:16,956 hopefully this is teaching you 21629 14:28:15,840 --> 14:28:18,276 everything you need to know they're 21630 14:28:16,956 --> 14:28:20,840 pretty straightforward you can't really 21631 14:28:18,276 --> 14:28:23,040 mess these up Google does a good job of 21632 14:28:20,840 --> 14:28:24,680 optimizing it for you most confusing 21633 14:28:23,040 --> 14:28:26,560 part to me honestly is like knowing 21634 14:28:24,680 --> 14:28:29,360 which accounts which Google account you 21635 14:28:26,560 --> 14:28:30,916 have to set up and just get like getting 21636 14:28:29,360 --> 14:28:33,116 all that off the ground but then 21637 14:28:30,916 --> 14:28:35,160 launching your first campaign is 21638 14:28:33,116 --> 14:28:37,756 relatively straightforward at this point 21639 14:28:35,160 --> 14:28:40,540 used to be more complicated but there 21640 14:28:37,756 --> 14:28:50,640 you have it enjoy and I'll see you 21641 14:28:40,540 --> 14:28:52,560 [Music] 21642 14:28:50,640 --> 14:28:54,320 soon let's talk about affiliate 21643 14:28:52,560 --> 14:28:56,360 marketing and the quickest and easiest 21644 14:28:54,320 --> 14:28:58,640 ways to get this up and running and turn 21645 14:28:56,360 --> 14:29:00,596 your existing brand customers into 21646 14:28:58,640 --> 14:29:02,796 Advocates who can go out and generate 21647 14:29:00,596 --> 14:29:04,956 sales for your company in exchange for a 21648 14:29:02,796 --> 14:29:06,956 small commission so the app that we use 21649 14:29:04,956 --> 14:29:09,000 is called Goa Pro and the best part is 21650 14:29:06,956 --> 14:29:10,916 that we're on the free plan I don't know 21651 14:29:09,000 --> 14:29:12,916 how this works but we're on the free 21652 14:29:10,916 --> 14:29:14,796 plan with them and they like it does 21653 14:29:12,916 --> 14:29:16,480 everything we need similar to review 21654 14:29:14,796 --> 14:29:18,360 apps on Shopify there's a ton of these 21655 14:29:16,480 --> 14:29:20,360 out there they all do more or less the 21656 14:29:18,360 --> 14:29:22,916 same thing but let's take a look and we 21657 14:29:20,360 --> 14:29:25,320 can see back when we started on July 1st 21658 14:29:22,916 --> 14:29:26,796 up through today this app has generated 21659 14:29:25,320 --> 14:29:29,276 Us 21660 14:29:26,796 --> 14:29:30,916 $1,718 in sales which isn't as a 21661 14:29:29,276 --> 14:29:32,436 percentage of what we've done it's not a 21662 14:29:30,916 --> 14:29:33,916 massive amount full trans paren we 21663 14:29:32,436 --> 14:29:35,520 haven't invested a ton in like 21664 14:29:33,916 --> 14:29:37,276 experimenting with different ways to set 21665 14:29:35,520 --> 14:29:39,596 this up so I'm sure this number could be 21666 14:29:37,276 --> 14:29:41,436 a lot higher we haven't fully optimized 21667 14:29:39,596 --> 14:29:43,916 every area but what we have been able to 21668 14:29:41,436 --> 14:29:47,320 do is generate 21669 14:29:43,916 --> 14:29:50,000 $1,718 in sales from just 21670 14:29:47,320 --> 14:29:53,040 $1,845 in commission which doing the 21671 14:29:50,000 --> 14:29:54,796 math is a 10x row as and you'll know 21672 14:29:53,040 --> 14:29:56,680 from the traffic section or like the 21673 14:29:54,796 --> 14:29:59,796 Facebook ads that we're happy running it 21674 14:29:56,680 --> 14:30:01,680 like a two to a three row as so this is 21675 14:29:59,796 --> 14:30:04,360 extremely profitable for us in fact if 21676 14:30:01,680 --> 14:30:06,400 you just deduct like 40% for cost of 21677 14:30:04,360 --> 14:30:08,320 goods and like 5% for like transaction 21678 14:30:06,400 --> 14:30:10,560 fees and other stuff like the rest of 21679 14:30:08,320 --> 14:30:13,480 that is all profit so that's 8 to n 21680 14:30:10,560 --> 14:30:16,000 Grand in just pure profit from a free 21681 14:30:13,480 --> 14:30:17,276 app so how does it work the basic setup 21682 14:30:16,000 --> 14:30:19,680 they give you a ton of different options 21683 14:30:17,276 --> 14:30:21,956 and stuff here we don't do Marketplace 21684 14:30:19,680 --> 14:30:24,436 we don't do Post checkout popup we don't 21685 14:30:21,956 --> 14:30:27,480 do any of the marketing emails and stuff 21686 14:30:24,436 --> 14:30:29,756 all that we do is we go to here we go to 21687 14:30:27,480 --> 14:30:32,116 commissions and we set the commission 21688 14:30:29,756 --> 14:30:34,596 that we give you can either do a royal 21689 14:30:32,116 --> 14:30:36,436 is like a percentage based commission so 21690 14:30:34,596 --> 14:30:38,680 like if somebody generates $100 in sales 21691 14:30:36,436 --> 14:30:41,160 you give them 15% they would get 15 21692 14:30:38,680 --> 14:30:43,596 bucks we just give them 5 bucks flat 21693 14:30:41,160 --> 14:30:45,596 which is better for us because obviously 21694 14:30:43,596 --> 14:30:47,200 if somebody refers a customer then they 21695 14:30:45,596 --> 14:30:49,276 could be spending 20 bucks or they could 21696 14:30:47,200 --> 14:30:52,000 spend 100 bucks we don't know and we pay 21697 14:30:49,276 --> 14:30:53,680 $5 either way now the tradeoff is if 21698 14:30:52,000 --> 14:30:55,596 it's percentage based obviously you 21699 14:30:53,680 --> 14:30:57,116 might get more people to sign up 21700 14:30:55,596 --> 14:30:59,360 possible to play around with that but 21701 14:30:57,116 --> 14:31:01,240 FES worked well we get a really good 21702 14:30:59,360 --> 14:31:03,116 amount of people who refer to us every 21703 14:31:01,240 --> 14:31:05,200 month so here here's a list of all the 21704 14:31:03,116 --> 14:31:07,680 people that have signed up to be 21705 14:31:05,200 --> 14:31:09,756 Affiliates for our brand and as you can 21706 14:31:07,680 --> 14:31:10,956 see a lot of them at zeros like a lot of 21707 14:31:09,756 --> 14:31:12,520 them it doesn't really turn into 21708 14:31:10,956 --> 14:31:14,956 anything but then you have some that 21709 14:31:12,520 --> 14:31:18,240 drive like like this person Sheely 21710 14:31:14,956 --> 14:31:19,680 drives $6,800 in sales from just one 21711 14:31:18,240 --> 14:31:21,596 person now I don't know what they're 21712 14:31:19,680 --> 14:31:22,880 doing this is clearly somebody doing a 21713 14:31:21,596 --> 14:31:25,040 lot more than just sharing with their 21714 14:31:22,880 --> 14:31:26,720 friends maybe they have a similar 21715 14:31:25,040 --> 14:31:28,360 business or a business that's in a 21716 14:31:26,720 --> 14:31:32,080 similar Niche to what we're in I don't 21717 14:31:28,360 --> 14:31:35,596 know but drive $6,800 in sales we pay PA 21718 14:31:32,080 --> 14:31:37,916 them $730 in commissions so they've made 21719 14:31:35,596 --> 14:31:40,956 730 bucks in profit we made that much in 21720 14:31:37,916 --> 14:31:42,480 sales so like it's a win-win welcome off 21721 14:31:40,956 --> 14:31:44,796 this strikes me as somebody who like 21722 14:31:42,480 --> 14:31:46,116 posted a code on Deal site or something 21723 14:31:44,796 --> 14:31:48,200 CU they made it sound like it's a 21724 14:31:46,116 --> 14:31:50,480 welcome deal but it's not clearly so I 21725 14:31:48,200 --> 14:31:53,000 didn't set it up I'm fine with that like 21726 14:31:50,480 --> 14:31:55,640 sure go post it anywhere it's the same 21727 14:31:53,000 --> 14:31:57,160 structure like it's the same discounts 21728 14:31:55,640 --> 14:31:58,796 same amount in my pocket at the end of 21729 14:31:57,160 --> 14:32:03,276 the day but yeah so you set your 21730 14:31:58,796 --> 14:32:03,276 commission structure and then 21731 14:32:04,640 --> 14:32:08,596 and then you set what you want your page 21732 14:32:06,560 --> 14:32:11,400 to look like and then they give you a 21733 14:32:08,596 --> 14:32:13,000 URL that you just paste in like right 21734 14:32:11,400 --> 14:32:14,840 now the only place to find this is in 21735 14:32:13,000 --> 14:32:16,560 the footer of our website so that's 21736 14:32:14,840 --> 14:32:17,880 where people are going and signing up I 21737 14:32:16,560 --> 14:32:19,560 can't show you the page cuz this is on 21738 14:32:17,880 --> 14:32:20,956 the brand that we're actively running 21739 14:32:19,560 --> 14:32:24,320 and not trying to share so it doesn't 21740 14:32:20,956 --> 14:32:26,480 get botted to death but it's just a Goa 21741 14:32:24,320 --> 14:32:28,756 Pro on the free plan put a link in the 21742 14:32:26,480 --> 14:32:30,956 footer of your website set up a 21743 14:32:28,756 --> 14:32:32,720 affiliate Commission of five bucks per 21744 14:32:30,956 --> 14:32:34,720 order you can experiment with the others 21745 14:32:32,720 --> 14:32:37,080 if you want and that's pretty much it 21746 14:32:34,720 --> 14:32:38,436 the biggest key though obviously is that 21747 14:32:37,080 --> 14:32:40,400 you're not going to get any Affiliates 21748 14:32:38,436 --> 14:32:42,040 if you don't have traffic this took a 21749 14:32:40,400 --> 14:32:43,796 couple of months of us driving traffic 21750 14:32:42,040 --> 14:32:45,756 before we had people like really start 21751 14:32:43,796 --> 14:32:47,436 signing up and if you don't have a good 21752 14:32:45,756 --> 14:32:50,240 product collection this is not going to 21753 14:32:47,436 --> 14:32:51,596 generate any sales cuz one the potential 21754 14:32:50,240 --> 14:32:52,796 affiliate is going to look at your site 21755 14:32:51,596 --> 14:32:54,276 and say I don't think I can make much 21756 14:32:52,796 --> 14:32:57,200 money off this I'm not going to waste my 21757 14:32:54,276 --> 14:32:59,200 time and two if they do decide to sign 21758 14:32:57,200 --> 14:33:00,360 up and try to drive traffic to your site 21759 14:32:59,200 --> 14:33:02,596 none of the people that they send are 21760 14:33:00,360 --> 14:33:05,080 actually going to buy so that's a huge 21761 14:33:02,596 --> 14:33:07,040 prerequisite that can't be overstated 21762 14:33:05,080 --> 14:33:08,756 and there's just no way around that so 21763 14:33:07,040 --> 14:33:11,320 here's their pricing page so to upgrade 21764 14:33:08,756 --> 14:33:13,756 to premium it's $29 a month and we are 21765 14:33:11,320 --> 14:33:15,880 on the free plan so we're on the free 21766 14:33:13,756 --> 14:33:17,916 plan and then just occasionally Meg's 21767 14:33:15,880 --> 14:33:20,596 the one who monitors this but she will 21768 14:33:17,916 --> 14:33:22,000 go in and we link our PayPal account and 21769 14:33:20,596 --> 14:33:23,880 we pay out the Affiliates whatever 21770 14:33:22,000 --> 14:33:25,200 they've earned and it integrates so you 21771 14:33:23,880 --> 14:33:26,720 literally just click a button and it 21772 14:33:25,200 --> 14:33:28,400 automatically sends it out which is 21773 14:33:26,720 --> 14:33:29,720 really nice it's super easy to manage 21774 14:33:28,400 --> 14:33:31,756 something that we do track with the 21775 14:33:29,720 --> 14:33:33,400 financials though is whatever reward 21776 14:33:31,756 --> 14:33:35,320 balance we've acred that we have to pay 21777 14:33:33,400 --> 14:33:37,640 out to people but affiliate marketing in 21778 14:33:35,320 --> 14:33:39,560 general can be a great way to compound 21779 14:33:37,640 --> 14:33:42,480 your growth Alex rosi talks about it all 21780 14:33:39,560 --> 14:33:44,880 the time as it's the only way Affiliates 21781 14:33:42,480 --> 14:33:46,756 and referrals like the two go hand inand 21782 14:33:44,880 --> 14:33:48,840 referrals is like the only path to 21783 14:33:46,756 --> 14:33:50,596 compounding growth in any business which 21784 14:33:48,840 --> 14:33:52,796 is true if you get one customer then 21785 14:33:50,596 --> 14:33:55,720 that customer tells two people those two 21786 14:33:52,796 --> 14:33:58,520 people tell two more and then those four 21787 14:33:55,720 --> 14:34:00,240 till like it just grows and grows but it 21788 14:33:58,520 --> 14:34:01,956 all comes back to you need to have a 21789 14:34:00,240 --> 14:34:03,276 really good brand that people love and 21790 14:34:01,956 --> 14:34:05,560 there's products that people actually 21791 14:34:03,276 --> 14:34:07,400 want to buy but anyway go f Pro it's 21792 14:34:05,560 --> 14:34:09,680 free go set it up follow these simple 21793 14:34:07,400 --> 14:34:11,956 settings and might not get any 21794 14:34:09,680 --> 14:34:14,560 Affiliates for first day or week or 21795 14:34:11,956 --> 14:34:15,970 month or a while but once you do it's 21796 14:34:14,560 --> 14:34:24,460 basically free 21797 14:34:15,970 --> 14:34:24,460 [Music] 21798 14:34:27,400 --> 14:34:32,480 money understanding how to analyze and 21799 14:34:29,796 --> 14:34:34,720 read the metrics that you're seeing in 21800 14:34:32,480 --> 14:34:37,240 your Shopify Facebook and Google 21801 14:34:34,720 --> 14:34:40,000 dashboards is one of the most important 21802 14:34:37,240 --> 14:34:41,880 skills for successfully running not just 21803 14:34:40,000 --> 14:34:43,840 a print on demand business but any 21804 14:34:41,880 --> 14:34:45,956 e-commerce business and just a 21805 14:34:43,840 --> 14:34:49,680 successful business in general the 21806 14:34:45,956 --> 14:34:51,276 reason is that it allows you to see the 21807 14:34:49,680 --> 14:34:54,436 area of your business that you need to 21808 14:34:51,276 --> 14:34:57,320 be focusing on so that you're not fixing 21809 14:34:54,436 --> 14:35:00,160 your ad creative when it's really your 21810 14:34:57,320 --> 14:35:01,640 site's load speed that's wrong and 21811 14:35:00,160 --> 14:35:03,360 especially for beginners this is a 21812 14:35:01,640 --> 14:35:06,160 crucial skill because there's so many 21813 14:35:03,360 --> 14:35:08,160 unknowns so like you don't know where 21814 14:35:06,160 --> 14:35:10,596 you should be spending your time unless 21815 14:35:08,160 --> 14:35:13,040 you understand how to read the analytics 21816 14:35:10,596 --> 14:35:14,360 and see what it's telling you and so 21817 14:35:13,040 --> 14:35:16,400 that's why in this lesson we're going to 21818 14:35:14,360 --> 14:35:18,480 be learning that skill and then we're 21819 14:35:16,400 --> 14:35:20,520 going to be looking at two things first 21820 14:35:18,480 --> 14:35:22,480 is a spreadsheet that I highly recommend 21821 14:35:20,520 --> 14:35:25,320 every person who's launching this 21822 14:35:22,480 --> 14:35:27,480 business run on a daily basis along with 21823 14:35:25,320 --> 14:35:30,796 your financial reports that we talk 21824 14:35:27,480 --> 14:35:33,400 about later um recommend running this 21825 14:35:30,796 --> 14:35:35,116 spreadsheet every single day to learn 21826 14:35:33,400 --> 14:35:36,916 the ins and outs and get like a finger 21827 14:35:35,116 --> 14:35:38,200 to the pulse of these numbers it's the 21828 14:35:36,916 --> 14:35:41,200 biggest difference I see between 21829 14:35:38,200 --> 14:35:44,040 beginners and experts and Pros is 21830 14:35:41,200 --> 14:35:46,480 there's a lot of differences but uh a 21831 14:35:44,040 --> 14:35:48,240 clear one is the beginners have no idea 21832 14:35:46,480 --> 14:35:50,240 if you ask them what their cost per 21833 14:35:48,240 --> 14:35:51,640 click clickthrough rate CPM add to cart 21834 14:35:50,240 --> 14:35:53,796 rate if you ask them those n those 21835 14:35:51,640 --> 14:35:55,596 metrics they have no clue they might not 21836 14:35:53,796 --> 14:35:57,320 even know what they mean whereas the 21837 14:35:55,596 --> 14:35:59,640 experts the ones who have successfully 21838 14:35:57,320 --> 14:36:01,276 scaled these businesses or paid ads in 21839 14:35:59,640 --> 14:36:03,916 general to seven and eight figures they 21840 14:36:01,276 --> 14:36:05,520 know them cold they know exactly what 21841 14:36:03,916 --> 14:36:07,880 their metrics are because they eat 21842 14:36:05,520 --> 14:36:09,276 breathe sleep them every single day day 21843 14:36:07,880 --> 14:36:11,436 in and day out because they know how 21844 14:36:09,276 --> 14:36:13,040 crucial they are so filling out this 21845 14:36:11,436 --> 14:36:14,596 spreadsheet that we're going to show you 21846 14:36:13,040 --> 14:36:16,200 that we have a template of then second 21847 14:36:14,596 --> 14:36:17,720 we're going to be looking at our other 21848 14:36:16,200 --> 14:36:20,320 store that we've been running for a 21849 14:36:17,720 --> 14:36:23,480 number of months to give us a baseline 21850 14:36:20,320 --> 14:36:26,360 uh like expectation of like metrics and 21851 14:36:23,480 --> 14:36:28,680 kpis um like results that you could be 21852 14:36:26,360 --> 14:36:31,560 shooting for in each of these categories 21853 14:36:28,680 --> 14:36:34,200 so in our spreadsheet here this is our 21854 14:36:31,560 --> 14:36:36,560 our D Toc sales report which D Toc just 21855 14:36:34,200 --> 14:36:39,160 stands for direct to Consumer which 21856 14:36:36,560 --> 14:36:41,640 that's the type of ads that or marketing 21857 14:36:39,160 --> 14:36:44,240 that we're doing and the columns that we 21858 14:36:41,640 --> 14:36:46,000 have here are just the date so you 21859 14:36:44,240 --> 14:36:48,520 should be running this on a daily basis 21860 14:36:46,000 --> 14:36:51,400 your total sales and then your ad spend 21861 14:36:48,520 --> 14:36:54,560 and then from that you get your ad Raz 21862 14:36:51,400 --> 14:36:56,320 which is what Facebook reports in in its 21863 14:36:54,560 --> 14:36:58,520 dashboard and there's a difference 21864 14:36:56,320 --> 14:37:00,916 between your Raz which is what Facebook 21865 14:36:58,520 --> 14:37:02,560 is attributing its sales to which should 21866 14:37:00,916 --> 14:37:05,520 be relative accurate if you set up the 21867 14:37:02,560 --> 14:37:07,436 API tracking um there's a difference 21868 14:37:05,520 --> 14:37:10,436 between the Facebook rowes and your 21869 14:37:07,436 --> 14:37:12,720 overall like it's the fancy term is myrr 21870 14:37:10,436 --> 14:37:14,756 marketing efficiency ratio which is your 21871 14:37:12,720 --> 14:37:16,680 total sales divided by total ad spend 21872 14:37:14,756 --> 14:37:19,116 and then your cpms which is your cost 21873 14:37:16,680 --> 14:37:21,400 per thousand Impressions or otherwise 21874 14:37:19,116 --> 14:37:23,640 known as like generally how expensive 21875 14:37:21,400 --> 14:37:25,240 your ads are this is the one number that 21876 14:37:23,640 --> 14:37:28,160 Facebook like this is the Upstream 21877 14:37:25,240 --> 14:37:30,116 metric that influences everything then 21878 14:37:28,160 --> 14:37:32,116 our clickthrough rate more specifically 21879 14:37:30,116 --> 14:37:33,160 your link clickthrough rate I'm going to 21880 14:37:32,116 --> 14:37:35,436 change that 21881 14:37:33,160 --> 14:37:38,436 actually all right it's view only in 21882 14:37:35,436 --> 14:37:41,756 order to edit this you just have to go 21883 14:37:38,436 --> 14:37:43,400 file have to go file make a copy so your 21884 14:37:41,756 --> 14:37:45,436 link click through rate and then your 21885 14:37:43,400 --> 14:37:46,880 cost per link click which cost per link 21886 14:37:45,436 --> 14:37:48,796 click if you take away anything from 21887 14:37:46,880 --> 14:37:51,360 this lesson understand that your cost 21888 14:37:48,796 --> 14:37:53,596 per link click comes from your cpms 21889 14:37:51,360 --> 14:37:57,436 times your clickthrough rate so if you 21890 14:37:53,596 --> 14:38:00,596 have $100 cpms and a 10% clickthrough 21891 14:37:57,436 --> 14:38:03,160 rate you would have $11 cost per click 21892 14:38:00,596 --> 14:38:06,200 or if you have $10 cpms and 1% click 21893 14:38:03,160 --> 14:38:09,400 through rate you would have again $1 21894 14:38:06,200 --> 14:38:11,880 cost per click so our Target goal for 21895 14:38:09,400 --> 14:38:13,640 cost per link click is 50 to 75 cents I 21896 14:38:11,880 --> 14:38:17,436 really don't care what your cpms are or 21897 14:38:13,640 --> 14:38:19,596 your CTR I do but as long as your your 21898 14:38:17,436 --> 14:38:22,160 cost per link click is in a good range 21899 14:38:19,596 --> 14:38:24,840 if your cost per click is too high first 21900 14:38:22,160 --> 14:38:26,956 thing I look at is well what's high is 21901 14:38:24,840 --> 14:38:29,640 it cpms or the clickthrough rate and if 21902 14:38:26,956 --> 14:38:32,520 it's their cpms are high then the way 21903 14:38:29,640 --> 14:38:34,160 that you fix that is by just making more 21904 14:38:32,520 --> 14:38:35,400 engaging ads it's also like the 21905 14:38:34,160 --> 14:38:36,956 targeting like if you're in a really 21906 14:38:35,400 --> 14:38:38,560 competitive market like if you're 21907 14:38:36,956 --> 14:38:39,916 selling a business product for example 21908 14:38:38,560 --> 14:38:41,436 you're going to have much higher cpms 21909 14:38:39,916 --> 14:38:43,956 than if you're selling T-shirts and then 21910 14:38:41,436 --> 14:38:46,320 for your link click-through rate that's 21911 14:38:43,956 --> 14:38:47,796 so out of everybody who saw your ad what 21912 14:38:46,320 --> 14:38:50,480 percentage of them actually clicked on 21913 14:38:47,796 --> 14:38:52,720 it to get to your website and the way 21914 14:38:50,480 --> 14:38:54,640 you boost that number is first just 21915 14:38:52,720 --> 14:38:56,320 objectively look at your ad and say is 21916 14:38:54,640 --> 14:38:58,520 this interesting would I click on this 21917 14:38:56,320 --> 14:39:00,400 myself and if the answer is no then why 21918 14:38:58,520 --> 14:39:03,320 not but the main things normally come 21919 14:39:00,400 --> 14:39:05,116 down to ad creative number one which 21920 14:39:03,320 --> 14:39:06,916 also ties into the cpms they're both 21921 14:39:05,116 --> 14:39:08,596 related like make it more engaging 21922 14:39:06,916 --> 14:39:10,116 number two is your offer is not good 21923 14:39:08,596 --> 14:39:13,080 enough there's not enough urgency 21924 14:39:10,116 --> 14:39:14,680 scarcity or social proof easy way to fix 21925 14:39:13,080 --> 14:39:17,040 those is look at the competition see 21926 14:39:14,680 --> 14:39:19,160 what their ads look like pick through 21927 14:39:17,040 --> 14:39:21,240 find the best looking ones look at the 21928 14:39:19,160 --> 14:39:23,880 best practices apply to your ads launch 21929 14:39:21,240 --> 14:39:25,520 it in PPE campaigns see how it performs 21930 14:39:23,880 --> 14:39:28,080 run the best performers and conversion 21931 14:39:25,520 --> 14:39:30,240 ads next is the link click and page view 21932 14:39:28,080 --> 14:39:31,840 ratio which you would think that when 21933 14:39:30,240 --> 14:39:33,240 you get 100 link clicks you get 100 21934 14:39:31,840 --> 14:39:35,200 sessions on your site but that's not the 21935 14:39:33,240 --> 14:39:37,596 case there's always going to be like a 21936 14:39:35,200 --> 14:39:40,276 10 to 20% drop off rate so if you get 21937 14:39:37,596 --> 14:39:42,680 100 link clicks only 80 to 90 sessions 21938 14:39:40,276 --> 14:39:43,916 will actually occur because there's a 21939 14:39:42,680 --> 14:39:45,956 certain percentage of people that just 21940 14:39:43,916 --> 14:39:48,320 won't wait a long wait around long 21941 14:39:45,956 --> 14:39:50,916 enough for that free page to load which 21942 14:39:48,320 --> 14:39:52,916 is just typical the reason we track this 21943 14:39:50,916 --> 14:39:57,240 though is that as your site speed in 21944 14:39:52,916 --> 14:39:59,116 particular creeps up this ratio can drop 21945 14:39:57,240 --> 14:40:01,916 to like I've had sites where it's like 21946 14:39:59,116 --> 14:40:02,956 30 to 40% and it takes me a long time to 21947 14:40:01,916 --> 14:40:04,756 figure that out because I wasn't 21948 14:40:02,956 --> 14:40:06,560 tracking this but if you're keeping 21949 14:40:04,756 --> 14:40:08,680 track of what your link clicks are 21950 14:40:06,560 --> 14:40:10,796 divided by your page views then that 21951 14:40:08,680 --> 14:40:12,480 tells you you know where you're actually 21952 14:40:10,796 --> 14:40:15,080 no it should be the other way around 21953 14:40:12,480 --> 14:40:17,040 yeah page view divided by link click 21954 14:40:15,080 --> 14:40:19,480 yeah I'm going to fix that because you 21955 14:40:17,040 --> 14:40:22,520 want it as a percentage but anyway um 21956 14:40:19,480 --> 14:40:26,640 you want this to be around 80 70 to 80% 21957 14:40:22,520 --> 14:40:28,596 if it gets uh like worse than that then 21958 14:40:26,640 --> 14:40:30,320 either you're getting crap traffic so 21959 14:40:28,596 --> 14:40:32,400 check the your conversion optimized for 21960 14:40:30,320 --> 14:40:35,360 purchases you're not driving having like 21961 14:40:32,400 --> 14:40:37,160 uh traffic optimized campaigns and two 21962 14:40:35,360 --> 14:40:38,640 sight speed make sure that like run all 21963 14:40:37,160 --> 14:40:41,276 the sight speed tests we talked about in 21964 14:40:38,640 --> 14:40:43,240 the Shopify section and make sure that 21965 14:40:41,276 --> 14:40:45,276 you know it's not taking too long to 21966 14:40:43,240 --> 14:40:46,916 load next is your add to cart rate which 21967 14:40:45,276 --> 14:40:49,276 this is the percentage of people who get 21968 14:40:46,916 --> 14:40:51,436 to your collection page or product page 21969 14:40:49,276 --> 14:40:54,116 and then click add to cart typical range 21970 14:40:51,436 --> 14:40:57,916 for this we'll see in our stores like 21971 14:40:54,116 --> 14:40:59,560 anywhere from 7 to 10% nowadays it 21972 14:40:57,916 --> 14:41:01,796 varies a lot based on where the traffic 21973 14:40:59,560 --> 14:41:04,000 is coming from then initiate checkout 21974 14:41:01,796 --> 14:41:05,840 these are the people that added a cart 21975 14:41:04,000 --> 14:41:07,360 and then actually clicked continue to 21976 14:41:05,840 --> 14:41:09,436 check out and then conversion rate is 21977 14:41:07,360 --> 14:41:11,720 obviously people who got to the checkout 21978 14:41:09,436 --> 14:41:13,160 and then purchased and we talked about 21979 14:41:11,720 --> 14:41:14,880 this in the Shopify section but it's 21980 14:41:13,160 --> 14:41:17,276 important to look at each of these as 21981 14:41:14,880 --> 14:41:18,916 separate numbers most people when they 21982 14:41:17,276 --> 14:41:20,720 talk about their Shopify store they're 21983 14:41:18,916 --> 14:41:22,796 like my conversion rate's low first 21984 14:41:20,720 --> 14:41:24,276 question I always ask them is well which 21985 14:41:22,796 --> 14:41:26,160 which part of it is low it's not just 21986 14:41:24,276 --> 14:41:29,200 one number it's like and then they're 21987 14:41:26,160 --> 14:41:30,680 like well my add to card is 4% my 21988 14:41:29,200 --> 14:41:32,840 initiate I'm like stop right there 21989 14:41:30,680 --> 14:41:35,160 that's your problem why is it 4% go fix 21990 14:41:32,840 --> 14:41:36,956 that and the way you fix this you can 21991 14:41:35,160 --> 14:41:38,276 also find this on the DDC mirror board 21992 14:41:36,956 --> 14:41:40,160 but the way that you fix the add to cart 21993 14:41:38,276 --> 14:41:42,080 rate is by optimizing things that are on 21994 14:41:40,160 --> 14:41:43,756 the collection or product page if your 21995 14:41:42,080 --> 14:41:45,320 add cart rate is low you wouldn't fix 21996 14:41:43,756 --> 14:41:46,840 your conversion rate by changing things 21997 14:41:45,320 --> 14:41:48,400 on your checkout page because you know 21998 14:41:46,840 --> 14:41:50,400 that people aren't even the biggest 21999 14:41:48,400 --> 14:41:51,756 break in your funnel is people adding 22000 14:41:50,400 --> 14:41:53,520 products to cart in the first place 22001 14:41:51,756 --> 14:41:56,080 they're not even reaching your checkout 22002 14:41:53,520 --> 14:41:58,480 so why would you fix that when you know 22003 14:41:56,080 --> 14:41:59,756 that you know uh your add to cart rate 22004 14:41:58,480 --> 14:42:01,956 is the real problem you know that it's 22005 14:41:59,756 --> 14:42:03,560 either collection page or product page 22006 14:42:01,956 --> 14:42:05,000 and those are the sorts of things that 22007 14:42:03,560 --> 14:42:06,756 you would miss if you're not watching 22008 14:42:05,000 --> 14:42:09,240 your metrics sorts of things that I 22009 14:42:06,756 --> 14:42:11,040 missed for years so now you don't have 22010 14:42:09,240 --> 14:42:13,360 to so add to cart rate the way you 22011 14:42:11,040 --> 14:42:16,560 improve this is this comes down to 22012 14:42:13,360 --> 14:42:17,916 pricing site speed how this this is the 22013 14:42:16,560 --> 14:42:19,320 one that out of the whole conversion 22014 14:42:17,916 --> 14:42:21,840 rate three-step 22015 14:42:19,320 --> 14:42:23,000 funnel by far the most variables apply 22016 14:42:21,840 --> 14:42:25,200 to add to cart rate because it's the 22017 14:42:23,000 --> 14:42:27,080 entire site uh initiate checkout and 22018 14:42:25,200 --> 14:42:29,116 conversion rate it's like there's either 22019 14:42:27,080 --> 14:42:31,240 a problem at the cart page or on the 22020 14:42:29,116 --> 14:42:33,360 checkout page like it's one of the other 22021 14:42:31,240 --> 14:42:35,240 so there's a lot fewer variables add to 22022 14:42:33,360 --> 14:42:37,200 cart rate is basically everything like 22023 14:42:35,240 --> 14:42:38,720 do people like your product catalog are 22024 14:42:37,200 --> 14:42:41,240 your pictures good is your site speed 22025 14:42:38,720 --> 14:42:44,916 fast uh are there cross cells are there 22026 14:42:41,240 --> 14:42:48,000 upsells is the pricing uh competitive is 22027 14:42:44,916 --> 14:42:49,956 it uh like do you have a a popup do you 22028 14:42:48,000 --> 14:42:52,116 have a free shipping incentive so go 22029 14:42:49,956 --> 14:42:53,880 back and look at the the mirror board to 22030 14:42:52,116 --> 14:42:55,400 see other ways to improve these next is 22031 14:42:53,880 --> 14:42:57,320 your average order value on these types 22032 14:42:55,400 --> 14:42:59,956 of stores we want it to be around $40 to 22033 14:42:57,320 --> 14:43:01,880 $45 completely varies based on the 22034 14:42:59,956 --> 14:43:03,400 industry both of these conversion rate 22035 14:43:01,880 --> 14:43:04,880 and average order value veryy greatly 22036 14:43:03,400 --> 14:43:09,200 depending on the product if you're 22037 14:43:04,880 --> 14:43:11,640 selling you know a like3 or $500 Drop 22038 14:43:09,200 --> 14:43:13,160 Shipping product or like cold plunges to 22039 14:43:11,640 --> 14:43:15,000 use the example from earlier that are a 22040 14:43:13,160 --> 14:43:17,916 couple Grand your conversion rate is 22041 14:43:15,000 --> 14:43:20,400 going to be like sub 1% but your average 22042 14:43:17,916 --> 14:43:22,916 order value is going to be at minimum 22043 14:43:20,400 --> 14:43:27,240 whatever your lowest product cost is or 22044 14:43:22,916 --> 14:43:29,320 product price is like three to $5,000 so 22045 14:43:27,240 --> 14:43:30,400 your conversion rate for that kind of 22046 14:43:29,320 --> 14:43:32,276 business is going to be completely 22047 14:43:30,400 --> 14:43:34,796 different the reached checkout rate 22048 14:43:32,276 --> 14:43:36,796 that's the percentage of the people that 22049 14:43:34,796 --> 14:43:39,240 initiated a checkout but then actually 22050 14:43:36,796 --> 14:43:40,480 reached or out of the out of all of the 22051 14:43:39,240 --> 14:43:42,080 traffic that you send what's the 22052 14:43:40,480 --> 14:43:44,520 percentage of people that actually reach 22053 14:43:42,080 --> 14:43:46,080 checkout then Google we like to see what 22054 14:43:44,520 --> 14:43:49,796 percentage of sales is Google bringing 22055 14:43:46,080 --> 14:43:51,160 in email uh an email email revenue and 22056 14:43:49,796 --> 14:43:54,000 then email percentage the reason that we 22057 14:43:51,160 --> 14:43:58,240 track all of these is I want to see like 22058 14:43:54,000 --> 14:44:00,276 if our overall Raz for a day was down is 22059 14:43:58,240 --> 14:44:02,680 the reason really because of something 22060 14:44:00,276 --> 14:44:05,116 with the marketing or like on our paid 22061 14:44:02,680 --> 14:44:07,116 ads side like Facebook ads our main 22062 14:44:05,116 --> 14:44:10,916 driver or is it because email Revenue 22063 14:44:07,116 --> 14:44:12,596 went from you know 20% down to 3% for 22064 14:44:10,916 --> 14:44:14,596 that day then I would instead of looking 22065 14:44:12,596 --> 14:44:16,720 at any of this stuff I would go over to 22066 14:44:14,596 --> 14:44:18,596 our clavio account and see if you know 22067 14:44:16,720 --> 14:44:20,000 something off with our flows so this is 22068 14:44:18,596 --> 14:44:21,956 the spreadsheet that I recommend filling 22069 14:44:20,000 --> 14:44:24,756 in on a daily basis until you start to 22070 14:44:21,956 --> 14:44:27,000 get an understanding of a finger to the 22071 14:44:24,756 --> 14:44:31,240 pulse of like your cpms click the rates 22072 14:44:27,000 --> 14:44:32,796 cpc's conversion rates and so that as 22073 14:44:31,240 --> 14:44:34,160 those numbers fluctuate like they 22074 14:44:32,796 --> 14:44:36,276 inevitably will especially in the 22075 14:44:34,160 --> 14:44:38,080 beginning when you're not optimized and 22076 14:44:36,276 --> 14:44:40,200 Facebook certainly isn't optimized yet 22077 14:44:38,080 --> 14:44:43,596 it's going to feel like a rocky road but 22078 14:44:40,200 --> 14:44:45,916 it feels much more uh doable when you 22079 14:44:43,596 --> 14:44:47,796 actually understand what these numbers 22080 14:44:45,916 --> 14:44:50,520 mean like if you're conversion rate goes 22081 14:44:47,796 --> 14:44:51,956 like plummets one day you understand 22082 14:44:50,520 --> 14:44:54,596 like okay what are the levers that I can 22083 14:44:51,956 --> 14:44:57,040 pull how can I improve this compared to 22084 14:44:54,596 --> 14:45:01,080 just all right conversion rate like my 22085 14:44:57,040 --> 14:45:02,796 sales dropped why I have no idea that's 22086 14:45:01,080 --> 14:45:04,000 a pretty overwhelming position to be in 22087 14:45:02,796 --> 14:45:06,520 filling out the spreadsheet on 22088 14:45:04,000 --> 14:45:08,436 consistent basis builds the the 22089 14:45:06,520 --> 14:45:10,720 analytics muscle that you need to have 22090 14:45:08,436 --> 14:45:13,080 in order to be successful with this long 22091 14:45:10,720 --> 14:45:15,880 term all right now let's get some 22092 14:45:13,080 --> 14:45:17,880 Benchmark metrics to shoot for so here's 22093 14:45:15,880 --> 14:45:20,080 our store that we started back in July 22094 14:45:17,880 --> 14:45:23,436 1st and just looking at to the end of 22095 14:45:20,080 --> 14:45:25,880 March $913,000 22096 14:45:23,436 --> 14:45:30,436 9967 $91 22097 14:45:25,880 --> 14:45:36,240 13,969 56 in sales got it average order 22098 14:45:30,436 --> 14:45:36,240 value $44 this started out uh 22099 14:45:37,560 --> 14:45:44,916 lower yeah so this started out 22100 14:45:41,916 --> 14:45:46,200 no it says that it started out at 546 22101 14:45:44,916 --> 14:45:48,360 but I don't think that's correct but 22102 14:45:46,200 --> 14:45:51,240 anyway we you want your average order 22103 14:45:48,360 --> 14:45:53,680 value to be in the4 to $45 range if 22104 14:45:51,240 --> 14:45:56,116 you're not in that range go watch the 22105 14:45:53,680 --> 14:46:00,240 aov optimization lesson and figure out 22106 14:45:56,116 --> 14:46:02,520 why that is number of sessions 674 th000 22107 14:46:00,240 --> 14:46:04,956 and conversion rate this is a really 22108 14:46:02,520 --> 14:46:06,160 important one so our add to cart rate 22109 14:46:04,956 --> 14:46:09,000 was 22110 14:46:06,160 --> 14:46:12,880 6.44% our reach checkout was just under 22111 14:46:09,000 --> 14:46:16,480 5% and sessions converted was 2.5 so 22112 14:46:12,880 --> 14:46:18,956 from add to cart to reach checkout we 22113 14:46:16,480 --> 14:46:22,040 typically expect and you can expect 22114 14:46:18,956 --> 14:46:24,240 something similar we typically expect a 22115 14:46:22,040 --> 14:46:28,360 like 30 to 22116 14:46:24,240 --> 14:46:30,320 40% sometimes 50% drop off and from 22117 14:46:28,360 --> 14:46:32,040 reach checkout the sessions converted it 22118 14:46:30,320 --> 14:46:33,956 should be around 22119 14:46:32,040 --> 14:46:38,480 50% so you 22120 14:46:33,956 --> 14:46:41,360 see had um yeah 33,000 people reach 22121 14:46:38,480 --> 14:46:44,796 checkout just under 177,000 actually 22122 14:46:41,360 --> 14:46:46,880 converted so about 50% drop off 50% of 22123 14:46:44,796 --> 14:46:49,680 people that are going to add cart get to 22124 14:46:46,880 --> 14:46:51,756 check out and then when they see the you 22125 14:46:49,680 --> 14:46:53,680 know enter payment details here page 22126 14:46:51,756 --> 14:46:55,756 they just get cold feet and for whatever 22127 14:46:53,680 --> 14:46:57,756 reason they high tail it out of there 22128 14:46:55,756 --> 14:47:00,080 those are the people that we get back in 22129 14:46:57,756 --> 14:47:02,680 front of with our retargeting ads banon 22130 14:47:00,080 --> 14:47:04,480 card emails all that kind of stuff total 22131 14:47:02,680 --> 14:47:07,436 number of orders is 22132 14:47:04,480 --> 14:47:09,040 18,83 and our returning customer rate is 22133 14:47:07,436 --> 14:47:11,880 honestly pretty bad but this is a new 22134 14:47:09,040 --> 14:47:16,000 store it was 10.5% so what that means is 22135 14:47:11,880 --> 14:47:18,560 out of the uh 18,000 22136 14:47:16,000 --> 14:47:21,000 orders uh 10% of those were from 22137 14:47:18,560 --> 14:47:22,680 returning customers which is you know 22138 14:47:21,000 --> 14:47:25,756 1,800 22139 14:47:22,680 --> 14:47:28,680 roughly and something else to note is 22140 14:47:25,756 --> 14:47:30,880 that we have our Facebook shop set up 22141 14:47:28,680 --> 14:47:33,480 and that's not included in these 22142 14:47:30,880 --> 14:47:35,680 sessions converted so this I think about 22143 14:47:33,480 --> 14:47:37,916 50 Grand of these total sales came from 22144 14:47:35,680 --> 14:47:39,520 Facebook shop and those sessions this is 22145 14:47:37,916 --> 14:47:41,080 just counting your Shopify sessions 22146 14:47:39,520 --> 14:47:43,116 converted so if somebody went through 22147 14:47:41,080 --> 14:47:45,840 the Shopify checkout that number gets 22148 14:47:43,116 --> 14:47:48,720 counted here but if it was Facebook shop 22149 14:47:45,840 --> 14:47:50,480 settings or sessions then it doesn't get 22150 14:47:48,720 --> 14:47:52,200 counted here so it can be a little 22151 14:47:50,480 --> 14:47:55,240 misleading important thing I want to 22152 14:47:52,200 --> 14:47:57,956 point out though is the the massive 22153 14:47:55,240 --> 14:48:01,796 difference it makes whether if you're 22154 14:47:57,956 --> 14:48:03,880 running uh International versus us 22155 14:48:01,796 --> 14:48:06,796 traffic the huge difference it makes in 22156 14:48:03,880 --> 14:48:09,480 conversion rate so in the analytics I'm 22157 14:48:06,796 --> 14:48:13,956 going to go down 22158 14:48:09,480 --> 14:48:17,520 to the where is it there we go 22159 14:48:13,956 --> 14:48:20,520 location then sort by sessions so us is 22160 14:48:17,520 --> 14:48:26,160 the top it's the highest conversion rate 22161 14:48:20,520 --> 14:48:28,480 3.12 then UK is 2.8 3.1 so it's pretty 22162 14:48:26,160 --> 14:48:31,200 interesting that we only launched 22163 14:48:28,480 --> 14:48:35,276 International like a month or two in and 22164 14:48:31,200 --> 14:48:37,200 and yeah already it's overtaken the US 22165 14:48:35,276 --> 14:48:39,560 in number of sessions I think in 22166 14:48:37,200 --> 14:48:42,520 sessions yeah so International alog 22167 14:48:39,560 --> 14:48:44,636 together makes up over 10,000 of the 22168 14:48:42,520 --> 14:48:47,320 purchases we've had on the site us is 22169 14:48:44,636 --> 14:48:51,080 only 6.7 so what is 22170 14:48:47,320 --> 14:48:55,240 that 6.7 / by 22171 14:48:51,080 --> 14:48:58,840 16.9 yeah so it's 40% it's 6040 22172 14:48:55,240 --> 14:49:01,116 split but just notice how as you look 22173 14:48:58,840 --> 14:49:04,200 down the list of countries the the 22174 14:49:01,116 --> 14:49:06,360 conversion rates drop off substantially 22175 14:49:04,200 --> 14:49:10,000 so let's look at like the add to cart 22176 14:49:06,360 --> 14:49:15,200 rate for the United States 22177 14:49:10,000 --> 14:49:18,320 14.3 / 215 so about a 6.6% conversion 22178 14:49:15,200 --> 14:49:23,000 rate and then I even I can do this math 22179 14:49:18,320 --> 14:49:26,200 UK is about the same and 22180 14:49:23,000 --> 14:49:28,756 then uh so so this is something 22181 14:49:26,200 --> 14:49:32,720 interesting so that the conversion rate 22182 14:49:28,756 --> 14:49:37,040 from reach checkout to converted is like 22183 14:49:32,720 --> 14:49:39,200 6 I don't know 6.5% call it then what is 22184 14:49:37,040 --> 14:49:44,320 it 22185 14:49:39,200 --> 14:49:48,880 3.1 / 5.6 so it's 5.5 so it's like a 22186 14:49:44,320 --> 14:49:50,436 full 1% lower for us or for UK versus us 22187 14:49:48,880 --> 14:49:54,480 which doesn't sound like a lot but on a 22188 14:49:50,436 --> 14:49:58,796 percentage basis that's about a 20% dip 22189 14:49:54,480 --> 14:50:00,360 so the UK to the US it's a 20% lower 22190 14:49:58,796 --> 14:50:02,956 conversion rate from reach checkout to 22191 14:50:00,360 --> 14:50:05,720 session converted so thinking back to 22192 14:50:02,956 --> 14:50:08,360 our our spreadsheet if we were 22193 14:50:05,720 --> 14:50:10,080 optimizing this init this conversion 22194 14:50:08,360 --> 14:50:12,360 right here like we have a good add to 22195 14:50:10,080 --> 14:50:14,796 cart rate and we have a good initiate 22196 14:50:12,360 --> 14:50:16,720 checkout but it's just this last step 22197 14:50:14,796 --> 14:50:19,320 where people are dropping off so we ask 22198 14:50:16,720 --> 14:50:21,240 ourselves why is that why would the UK 22199 14:50:19,320 --> 14:50:24,040 drop off rate from initiate check out a 22200 14:50:21,240 --> 14:50:27,000 conversion rate be so much 22201 14:50:24,040 --> 14:50:28,436 different uh so what could it be that's 22202 14:50:27,000 --> 14:50:29,636 causing that so I'm not going to go look 22203 14:50:28,436 --> 14:50:30,880 at my product page I'm not going to go 22204 14:50:29,636 --> 14:50:33,320 look at my collection page cuz they're 22205 14:50:30,880 --> 14:50:36,276 adding to cart fine it's just this step 22206 14:50:33,320 --> 14:50:39,116 here and I'll just cut to the chase cuz 22207 14:50:36,276 --> 14:50:41,956 I know the answer it was that our it was 22208 14:50:39,116 --> 14:50:46,160 two things for a while UK customers were 22209 14:50:41,956 --> 14:50:47,480 were shopping in uh pounds and then when 22210 14:50:46,160 --> 14:50:49,320 they were getting to the checkout all of 22211 14:50:47,480 --> 14:50:52,320 our shipping rates were set up in US 22212 14:50:49,320 --> 14:50:54,160 currency so which is totally fine for us 22213 14:50:52,320 --> 14:50:55,520 customers they're used to seeing USD 22214 14:50:54,160 --> 14:50:58,796 through the whole website but then it 22215 14:50:55,520 --> 14:51:00,880 was UK customers were adding to cart in 22216 14:50:58,796 --> 14:51:03,436 pounds then once they get to the 22217 14:51:00,880 --> 14:51:04,636 checkout page they were seeing US 22218 14:51:03,436 --> 14:51:06,480 dollars for the shipping rates and 22219 14:51:04,636 --> 14:51:08,000 they're like what the hell like I would 22220 14:51:06,480 --> 14:51:09,756 be sketched out if I was checking out in 22221 14:51:08,000 --> 14:51:11,276 US Dollars and I see pounds for the 22222 14:51:09,756 --> 14:51:13,520 shipping rate I'd be like what just 22223 14:51:11,276 --> 14:51:15,720 happened am I on this same website is 22224 14:51:13,520 --> 14:51:17,000 this a scam I don't even know how much 22225 14:51:15,720 --> 14:51:19,560 I'm getting charged for that I don't 22226 14:51:17,000 --> 14:51:22,116 know the conversion rate so they 22227 14:51:19,560 --> 14:51:24,160 abandoned and then once that was fixed 22228 14:51:22,116 --> 14:51:27,720 it was still it's still a slightly lower 22229 14:51:24,160 --> 14:51:29,796 drop off because uh the shipping cost is 22230 14:51:27,720 --> 14:51:31,400 higher for that we're charging to people 22231 14:51:29,796 --> 14:51:35,276 in the UK and the first time they see 22232 14:51:31,400 --> 14:51:35,276 the shipping cost is on the checkout 22233 14:51:37,560 --> 14:51:44,080 agage yeah so where's yeah so 22234 14:51:41,080 --> 14:51:45,956 Indonesia here's an example of something 22235 14:51:44,080 --> 14:51:49,436 a place that has terrible conversion 22236 14:51:45,956 --> 14:51:52,040 rate partially because it's really bad 22237 14:51:49,436 --> 14:51:54,200 uh traffic like much lower quality 22238 14:51:52,040 --> 14:51:55,840 traffic but also because there's no 22239 14:51:54,200 --> 14:51:58,080 print on demand there's no printify 22240 14:51:55,840 --> 14:52:01,116 supplier that reaches Indonesia with 22241 14:51:58,080 --> 14:52:03,520 reasonable shipping rates so we pay like 22242 14:52:01,116 --> 14:52:06,240 I want to say it's like $10 for one 22243 14:52:03,520 --> 14:52:08,880 shirt so that cost gets passed on to 22244 14:52:06,240 --> 14:52:11,840 Indonesia and again they have a decent 22245 14:52:08,880 --> 14:52:13,680 add to cart rate not fantastic decent 22246 14:52:11,840 --> 14:52:16,880 reach checkout rate especially as a 22247 14:52:13,680 --> 14:52:19,276 percentage of add to cart it's just the 22248 14:52:16,880 --> 14:52:21,636 the drop off from here to there that's 22249 14:52:19,276 --> 14:52:25,480 really bad but I know exactly why that 22250 14:52:21,636 --> 14:52:27,796 is so those are some uh Benchmark 22251 14:52:25,480 --> 14:52:29,520 metrics to shoot for uh when you're 22252 14:52:27,796 --> 14:52:32,000 optimizing your Shopify store then in 22253 14:52:29,520 --> 14:52:34,916 our ad account very similar story it 22254 14:52:32,000 --> 14:52:37,040 varies greatly based on uh the location 22255 14:52:34,916 --> 14:52:39,636 of the traffic that you're driving and 22256 14:52:37,040 --> 14:52:42,560 like how optimized you are so but in 22257 14:52:39,636 --> 14:52:45,160 general we spent between July and March 22258 14:52:42,560 --> 14:52:48,200 spent 300 Grand our average cost per 22259 14:52:45,160 --> 14:52:52,276 click was 51 cents and our click through 22260 14:52:48,200 --> 14:52:55,436 rate is 1% which exactly like we were 22261 14:52:52,276 --> 14:52:57,116 talking about you can just by seeing the 22262 14:52:55,436 --> 14:52:59,720 cost per link click and the click 22263 14:52:57,116 --> 14:53:00,880 through rate you can you know reverse 22264 14:52:59,720 --> 14:53:03,636 engineer to figure figure out what the 22265 14:53:00,880 --> 14:53:07,720 cpms are like if I said that we have a 22266 14:53:03,636 --> 14:53:11,160 50 or 75 cent cost per click and we have 22267 14:53:07,720 --> 14:53:13,040 a 1% clickthrough rate just knowing 22268 14:53:11,160 --> 14:53:16,320 those two numbers you can figure out 22269 14:53:13,040 --> 14:53:18,240 that the cpms are 22270 14:53:16,320 --> 14:53:22,436 $7.50 like 22271 14:53:18,240 --> 14:53:23,840 it's it's that easy like so I I keep 22272 14:53:22,436 --> 14:53:25,560 repeating that because it's a really 22273 14:53:23,840 --> 14:53:27,360 important concept to like once that 22274 14:53:25,560 --> 14:53:30,116 finally clicked for me I felt like I 22275 14:53:27,360 --> 14:53:32,796 understood marketing or paid ads a lot 22276 14:53:30,116 --> 14:53:35,596 better just seeing how the metrics you 22277 14:53:32,796 --> 14:53:39,520 know interplay with each 22278 14:53:35,596 --> 14:53:42,680 other uh so let's look at our where's 22279 14:53:39,520 --> 14:53:42,680 our main us 22280 14:53:45,400 --> 14:53:52,160 campaign so here these 22281 14:53:48,880 --> 14:53:54,596 two filter filter by selection so these 22282 14:53:52,160 --> 14:53:57,480 two campaigns so one is USA one is 22283 14:53:54,596 --> 14:54:00,756 worldwide worldwide 22284 14:53:57,480 --> 14:54:06,596 excluding um excluding like India 22285 14:54:00,756 --> 14:54:09,320 Pakistan Trad and Tobago so us cpms 22286 14:54:06,596 --> 14:54:12,480 $10.20 clickthrough rate 22287 14:54:09,320 --> 14:54:14,720 1.39 average cost per click 73 I'm 22288 14:54:12,480 --> 14:54:16,756 perfectly fine with that for the US 22289 14:54:14,720 --> 14:54:18,840 International 22290 14:54:16,756 --> 14:54:23,040 $350 cost 22291 14:54:18,840 --> 14:54:25,916 cpms 76 click through rate 47 Cent cost 22292 14:54:23,040 --> 14:54:27,720 per link click so that's why when people 22293 14:54:25,916 --> 14:54:30,320 ask like what CPM should we be shooting 22294 14:54:27,720 --> 14:54:33,040 for it completely depends on what your 22295 14:54:30,320 --> 14:54:35,880 you're targeting like which which 22296 14:54:33,040 --> 14:54:37,680 countries are you going after and then 22297 14:54:35,880 --> 14:54:41,400 even more than that for whatever reason 22298 14:54:37,680 --> 14:54:46,000 the DPA campaigns always have a much 22299 14:54:41,400 --> 14:54:46,000 lower cost per link click like where's 22300 14:54:53,756 --> 14:55:00,880 the yeah so here's the our DPA 22301 14:54:58,160 --> 14:55:04,276 campaign uh and it's this was us 22302 14:55:00,880 --> 14:55:07,040 targeting so it's a US base campaign 22303 14:55:04,276 --> 14:55:08,916 exactly the same as this one but 46 22304 14:55:07,040 --> 14:55:11,636 cents compared to 22305 14:55:08,916 --> 14:55:13,400 73 but it has a lower conversion rate 22306 14:55:11,636 --> 14:55:16,840 but that's fine because it's much 22307 14:55:13,400 --> 14:55:19,116 cheaper traffic and the cpms are cheaper 22308 14:55:16,840 --> 14:55:20,880 I I don't really know why that is but 22309 14:55:19,116 --> 14:55:23,916 it's something you can expect with your 22310 14:55:20,880 --> 14:55:23,916 DPA C 22311 14:55:24,000 --> 14:55:30,320 campaigns and then let's take a look at 22312 14:55:27,680 --> 14:55:33,596 the country breakdown so looking at our 22313 14:55:30,320 --> 14:55:36,596 worldwide campaign I'm going to go to 22314 14:55:33,596 --> 14:55:36,596 breakdowns 22315 14:55:36,840 --> 14:55:41,916 country this might take a second because 22316 14:55:38,956 --> 14:55:44,756 it has to load a lot of data well made 22317 14:55:41,916 --> 14:55:47,116 me a liar and it shows us each of the 22318 14:55:44,756 --> 14:55:48,720 countries and we can see all the metrics 22319 14:55:47,116 --> 14:55:52,320 and see which ones are most profitable 22320 14:55:48,720 --> 14:55:55,520 what's the most expensive very similar 22321 14:55:52,320 --> 14:55:59,320 uh numbers to what we saw in our Shopify 22322 14:55:55,520 --> 14:56:02,680 store it's like 61 Cent cost per link 22323 14:55:59,320 --> 14:56:04,880 click for for UK and Australia is also 22324 14:56:02,680 --> 14:56:06,200 high but those were also the site the 22325 14:56:04,880 --> 14:56:08,596 countries that had the highest 22326 14:56:06,200 --> 14:56:10,720 conversion rate in our website so it's 22327 14:56:08,596 --> 14:56:12,720 kind of interesting how it plays out and 22328 14:56:10,720 --> 14:56:14,480 notice that the sites that or the I keep 22329 14:56:12,720 --> 14:56:16,796 saying sites the countries that had the 22330 14:56:14,480 --> 14:56:19,160 best conversion rates are also 22331 14:56:16,796 --> 14:56:20,840 ironically or not surprisingly the ones 22332 14:56:19,160 --> 14:56:24,400 that Facebook has allocated the majority 22333 14:56:20,840 --> 14:56:29,116 of the spend to so it's 29k to 22334 14:56:24,400 --> 14:56:31,160 UK 13 Australia then Germany Canada 22335 14:56:29,116 --> 14:56:33,116 France 22336 14:56:31,160 --> 14:56:37,000 uh New Zealand yeah that one's normally 22337 14:56:33,116 --> 14:56:38,916 up there and all of these perform like 22338 14:56:37,000 --> 14:56:42,520 pretty pretty consistently France is 22339 14:56:38,916 --> 14:56:46,596 interesting 3.22 that's really high 22340 14:56:42,520 --> 14:56:46,596 that's like a full one row As Above the 22341 14:56:46,880 --> 14:56:49,880 Rest 22342 14:56:49,916 --> 14:56:56,680 so um and then as for the add to carts 22343 14:56:53,840 --> 14:56:59,080 and checkouts initiated I these used to 22344 14:56:56,680 --> 14:57:01,560 be much more reliable than they are but 22345 14:56:59,080 --> 14:57:03,916 uh they're they're just not something 22346 14:57:01,560 --> 14:57:06,560 about all the iOS changes that happened 22347 14:57:03,916 --> 14:57:09,636 made it just not as consistent like 22348 14:57:06,560 --> 14:57:12,436 these numbers are super inflated but 22349 14:57:09,636 --> 14:57:14,040 anyway so 5,000 purchases from this 22350 14:57:12,436 --> 14:57:16,756 campaign on 22351 14:57:14,040 --> 14:57:19,040 96,000 spent what is that it's just 22352 14:57:16,756 --> 14:57:19,040 under 22353 14:57:20,436 --> 14:57:25,276 $20 yeah 22354 14:57:22,400 --> 14:57:28,200 $19.20 CPA so 22355 14:57:25,276 --> 14:57:31,720 $19.20 CPA and then our average order 22356 14:57:28,200 --> 14:57:35,680 value is uh 22357 14:57:31,720 --> 14:57:39,276 44 uh and it's actually it's higher 22358 14:57:35,680 --> 14:57:43,160 on it's higher on these on the 22359 14:57:39,276 --> 14:57:47,160 international um countries so called 22360 14:57:43,160 --> 14:57:49,756 like 46 so it's 46 divided by 22361 14:57:47,160 --> 14:57:54,080 19.2 is a 22362 14:57:49,756 --> 14:57:57,840 2.4 Ras then out of that we have like 22363 14:57:54,080 --> 14:58:02,596 40% cost of goods so this was running at 22364 14:57:57,840 --> 14:58:04,680 like 15 20% % margin but the thing to 22365 14:58:02,596 --> 14:58:08,436 remember is then we have all the emails 22366 14:58:04,680 --> 14:58:10,400 all the followup like retargeting ads so 22367 14:58:08,436 --> 14:58:12,520 the crazy thing is that we're profitable 22368 14:58:10,400 --> 14:58:14,916 on Front End customer acquisition a lot 22369 14:58:12,520 --> 14:58:16,276 of companies they run into a loss and 22370 14:58:14,916 --> 14:58:18,560 then they just plan to make the money 22371 14:58:16,276 --> 14:58:20,320 back over the lifetime of the customer 22372 14:58:18,560 --> 14:58:22,320 with these stores were profitable from 22373 14:58:20,320 --> 14:58:25,320 the very first purchase which is pretty 22374 14:58:22,320 --> 14:58:25,320 awesome 22375 14:58:39,276 --> 14:58:44,320 so to bring things home if you are 22376 14:58:40,916 --> 14:58:46,320 launching your ads and your return is 22377 14:58:44,320 --> 14:58:48,360 not great and you're wondering what's 22378 14:58:46,320 --> 14:58:50,200 wrong what's broken uh like why is it 22379 14:58:48,360 --> 14:58:51,880 not working assuming that you followed 22380 14:58:50,200 --> 14:58:53,720 the steps and you have like the Baseline 22381 14:58:51,880 --> 14:58:56,400 set up how we have it here like your 22382 14:58:53,720 --> 14:58:58,796 conversion optimize your website doesn't 22383 14:58:56,400 --> 14:59:00,916 suck uh you set up like the right 22384 14:58:58,796 --> 14:59:03,636 campaign types and 22385 14:59:00,916 --> 14:59:05,756 ad like your ads are following the 22386 14:59:03,636 --> 14:59:07,796 layout like you follow the kind of 22387 14:59:05,756 --> 14:59:09,436 creative we did that looks good gets 22388 14:59:07,796 --> 14:59:11,956 people to stop scrolling you have ADD 22389 14:59:09,436 --> 14:59:14,276 copy that's attention grabbing has an 22390 14:59:11,956 --> 14:59:16,040 enticing offer has a call to action 22391 14:59:14,276 --> 14:59:19,360 button if you're checking all those like 22392 14:59:16,040 --> 14:59:21,116 Baseline boxes and it's not converting 22393 14:59:19,360 --> 14:59:22,360 it could be a couple of main things 22394 14:59:21,116 --> 14:59:24,000 looking at the metrics will help you 22395 14:59:22,360 --> 14:59:25,160 figure this out but nine times out of 10 22396 14:59:24,000 --> 14:59:26,080 it's just that you don't have good 22397 14:59:25,160 --> 14:59:28,200 enough 22398 14:59:26,080 --> 14:59:29,756 products I'll just say it straight up 22399 14:59:28,200 --> 14:59:31,160 even if it hurts your feelings because I 22400 14:59:29,756 --> 14:59:32,680 care care a lot more about you hearing 22401 14:59:31,160 --> 14:59:35,276 the truth that's going to get you 22402 14:59:32,680 --> 14:59:37,756 profitable than you know me telling you 22403 14:59:35,276 --> 14:59:39,480 some BS to make you feel good like and 22404 14:59:37,756 --> 14:59:40,880 it's same was true for me anytime my ads 22405 14:59:39,480 --> 14:59:42,320 are not performing well nine times out 22406 14:59:40,880 --> 14:59:44,636 of 10 it's not because of the ads it's 22407 14:59:42,320 --> 14:59:46,956 because my products suck and but the way 22408 14:59:44,636 --> 14:59:49,520 you can really confirm that is looking 22409 14:59:46,956 --> 14:59:51,680 at your like your cost per link click on 22410 14:59:49,520 --> 14:59:55,000 Facebook uh if you're wondering if your 22411 14:59:51,680 --> 14:59:56,520 ads like what the issue is first look at 22412 14:59:55,000 --> 14:59:59,200 what's your cost per link click if it's 22413 14:59:56,520 --> 15:00:01,200 super high like if you're over a dollar 22414 14:59:59,200 --> 15:00:04,080 or $1 22415 15:00:01,200 --> 15:00:06,276 us traffic cost per link click then 22416 15:00:04,080 --> 15:00:07,436 that's a huge problem that's a sign that 22417 15:00:06,276 --> 15:00:09,880 you're probably not getting many 22418 15:00:07,436 --> 15:00:13,720 comments like shares uh you probably 22419 15:00:09,880 --> 15:00:15,436 have really high cpms which an important 22420 15:00:13,720 --> 15:00:16,956 factor that applies to all the metrics 22421 15:00:15,436 --> 15:00:20,560 we just talked about at least on the 22422 15:00:16,956 --> 15:00:22,756 Facebook side is that your Facebook 22423 15:00:20,560 --> 15:00:25,160 rewards uh advertisers that have 22424 15:00:22,756 --> 15:00:26,916 engaging ads they like seeing when 22425 15:00:25,160 --> 15:00:29,240 advertisers get people to like comment 22426 15:00:26,916 --> 15:00:31,200 and share if you if you look at your ads 22427 15:00:29,240 --> 15:00:33,080 and you have zero zero engagement then 22428 15:00:31,200 --> 15:00:35,636 that is a huge red flag and I guarantee 22429 15:00:33,080 --> 15:00:38,796 nothing else is working you need to have 22430 15:00:35,636 --> 15:00:42,200 products that people actually like and 22431 15:00:38,796 --> 15:00:44,200 want to interact with and that ties back 22432 15:00:42,200 --> 15:00:48,360 to everything we covered in the product 22433 15:00:44,200 --> 15:00:50,360 module but you know if you're if you 22434 15:00:48,360 --> 15:00:51,956 don't have like really good products it 22435 15:00:50,360 --> 15:00:55,796 doesn't matter what your ad copy is 22436 15:00:51,956 --> 15:00:57,400 doesn't matter if your offer is 100% off 22437 15:00:55,796 --> 15:01:00,040 uh like it needs to be something that 22438 15:00:57,400 --> 15:01:01,756 engages people but then say you have 22439 15:01:00,040 --> 15:01:04,080 that say you have cheap cost per link 22440 15:01:01,756 --> 15:01:06,520 licks you're getting traffic to the site 22441 15:01:04,080 --> 15:01:09,520 but just nobody's converting first thing 22442 15:01:06,520 --> 15:01:11,080 I would consider is that uh how long 22443 15:01:09,520 --> 15:01:14,160 have you been running it like is your 22444 15:01:11,080 --> 15:01:15,956 pixel optimized which you can see like 22445 15:01:14,160 --> 15:01:17,956 is it first double check that your pixel 22446 15:01:15,956 --> 15:01:19,840 is actually set up and firing properly 22447 15:01:17,956 --> 15:01:22,880 and it's receiving purchase conversion 22448 15:01:19,840 --> 15:01:26,200 events second thing 22449 15:01:22,880 --> 15:01:27,840 is seeing what if your ads are out of 22450 15:01:26,200 --> 15:01:28,916 their learning phase or not CU until 22451 15:01:27,840 --> 15:01:31,276 they're out of the learning phase you're 22452 15:01:28,916 --> 15:01:33,480 going to have a lower conversion rate uh 22453 15:01:31,276 --> 15:01:35,320 but then third thing is I would look at 22454 15:01:33,480 --> 15:01:37,160 is people aren't converting is it 22455 15:01:35,320 --> 15:01:39,480 because of the add to cart rate initiate 22456 15:01:37,160 --> 15:01:41,756 checkout or the conversion rate and then 22457 15:01:39,480 --> 15:01:45,916 if it's conversion or add to cart rate 22458 15:01:41,756 --> 15:01:47,480 like it normally is then uh I I would go 22459 15:01:45,916 --> 15:01:49,000 to the mirror board the D Toc mirror 22460 15:01:47,480 --> 15:01:50,880 board and look at all the ways you can 22461 15:01:49,000 --> 15:01:53,480 improve your conversion rate or your add 22462 15:01:50,880 --> 15:01:55,400 to cart rate um a lot of it comes down 22463 15:01:53,480 --> 15:01:57,880 to pricing but again we've given you the 22464 15:01:55,400 --> 15:02:02,880 Baseline things that we would do in 22465 15:01:57,880 --> 15:02:04,400 order to um you know get your site to a 22466 15:02:02,880 --> 15:02:06,200 stable conversion rate assuming you've 22467 15:02:04,400 --> 15:02:08,400 done all that another thing you can do 22468 15:02:06,200 --> 15:02:10,240 is come join we scale University get on 22469 15:02:08,400 --> 15:02:12,436 the coaching calls with us we'll take 22470 15:02:10,240 --> 15:02:15,160 look at your site you can ask questions 22471 15:02:12,436 --> 15:02:17,000 that sort of thing but all all the stuff 22472 15:02:15,160 --> 15:02:19,276 that we would recommend is really laid 22473 15:02:17,000 --> 15:02:21,636 out here in the course and anything that 22474 15:02:19,276 --> 15:02:23,956 I say on those calls is normally just 22475 15:02:21,636 --> 15:02:27,276 stuff that I'm regurgitating from the 22476 15:02:23,956 --> 15:02:29,320 course um but then say you know your add 22477 15:02:27,276 --> 15:02:30,400 to cart rate is good just people aren't 22478 15:02:29,320 --> 15:02:32,880 initiating 22479 15:02:30,400 --> 15:02:35,560 checkout uh then I would again it's on 22480 15:02:32,880 --> 15:02:37,560 the mirror board but I would look at uh 22481 15:02:35,560 --> 15:02:39,916 you know why are people not like check 22482 15:02:37,560 --> 15:02:43,160 out like look on look at the analytics 22483 15:02:39,916 --> 15:02:44,880 and see like is it is it people on 22484 15:02:43,160 --> 15:02:47,240 desktop or people on mobile who aren't 22485 15:02:44,880 --> 15:02:49,276 converting and then from there figure 22486 15:02:47,240 --> 15:02:52,560 out why like if it's people on mobile 22487 15:02:49,276 --> 15:02:54,360 aren't converting then uh look at your 22488 15:02:52,560 --> 15:02:56,400 mobile conversion rate breakdown by 22489 15:02:54,360 --> 15:03:01,360 going here look 22490 15:02:56,400 --> 15:03:05,160 at your device type 22491 15:03:01,360 --> 15:03:08,116 and see mobile desktop tablet look 22492 15:03:05,160 --> 15:03:12,000 desktop is 4% conversion rate mobile is 22493 15:03:08,116 --> 15:03:14,200 2.3 now a lot of that you you know think 22494 15:03:12,000 --> 15:03:16,520 of the whole picture why would mobile be 22495 15:03:14,200 --> 15:03:18,276 a worse conversion rate it's like well 22496 15:03:16,520 --> 15:03:20,240 when people are on their phone they're 22497 15:03:18,276 --> 15:03:21,636 out and about that sort of thing but if 22498 15:03:20,240 --> 15:03:24,520 you're on your desktop you're sitting at 22499 15:03:21,636 --> 15:03:26,880 home much better position to be you know 22500 15:03:24,520 --> 15:03:29,320 shopping so keeping those things in mind 22501 15:03:26,880 --> 15:03:31,636 but if this is like abysmally low then I 22502 15:03:29,320 --> 15:03:33,436 would pull out my phone go to my website 22503 15:03:31,636 --> 15:03:36,160 on an incognito window to make sure it's 22504 15:03:33,436 --> 15:03:38,320 not giving me a cached version make sure 22505 15:03:36,160 --> 15:03:39,756 I'm seeing what the rest of the these 22506 15:03:38,320 --> 15:03:41,596 users are seeing and go through the 22507 15:03:39,756 --> 15:03:44,360 checkout process and if I'm still not 22508 15:03:41,596 --> 15:03:46,560 sure then send it in we scale community 22509 15:03:44,360 --> 15:03:48,720 and get some feedback nine times out of 22510 15:03:46,560 --> 15:03:51,240 10 when I look at somebody's site it's 22511 15:03:48,720 --> 15:03:52,796 like glaringly obvious stuff like I land 22512 15:03:51,240 --> 15:03:55,276 on the page and I get smacked with a 22513 15:03:52,796 --> 15:03:57,916 popup right away or like you know the 22514 15:03:55,276 --> 15:04:00,880 colors are all off or the pictures are 22515 15:03:57,916 --> 15:04:03,320 way too big or like they basically just 22516 15:04:00,880 --> 15:04:04,680 go back through the solution is just go 22517 15:04:03,320 --> 15:04:07,360 back through the conversion rate 22518 15:04:04,680 --> 15:04:07,360 optimization 22519 15:04:11,400 --> 15:04:15,756 lesson and then if you're like okay I'm 22520 15:04:13,520 --> 15:04:16,880 getting good cost per link clicks people 22521 15:04:15,756 --> 15:04:19,040 are converting on the site but my 22522 15:04:16,880 --> 15:04:20,720 average order value is super low again 22523 15:04:19,040 --> 15:04:22,480 go watch the average order value 22524 15:04:20,720 --> 15:04:23,680 optimization session but a lot of it 22525 15:04:22,480 --> 15:04:25,840 just comes down to making better 22526 15:04:23,680 --> 15:04:27,596 products and last piece I'll say about 22527 15:04:25,840 --> 15:04:29,240 this is that learning the analytics and 22528 15:04:27,596 --> 15:04:31,520 how to read the data is crucial 22529 15:04:29,240 --> 15:04:34,040 everybody should absolutely do it but 22530 15:04:31,520 --> 15:04:36,636 reading the numbers and like tracking 22531 15:04:34,040 --> 15:04:38,796 your kpis becomes 10 times easier and 22532 15:04:36,636 --> 15:04:41,080 almost obsolete when you have really 22533 15:04:38,796 --> 15:04:42,720 good products like you could take a 22534 15:04:41,080 --> 15:04:44,756 beginner who has no idea what they're 22535 15:04:42,720 --> 15:04:46,720 doing and have them make seven figures 22536 15:04:44,756 --> 15:04:49,520 in their first year if they just have a 22537 15:04:46,720 --> 15:04:50,916 viral collection of products and it 22538 15:04:49,520 --> 15:04:52,160 doesn't even have to be like the full 22539 15:04:50,916 --> 15:04:55,080 collection like if they just have five 22540 15:04:52,160 --> 15:04:56,840 or 10 really good winners that go viral 22541 15:04:55,080 --> 15:04:58,520 like uh you could take somebody who 22542 15:04:56,840 --> 15:05:02,080 doesn't understand any of this stuff and 22543 15:04:58,520 --> 15:05:04,320 they do really well but anyways I've 22544 15:05:02,080 --> 15:05:06,360 talked about this a lot now so hopefully 22545 15:05:04,320 --> 15:05:08,520 this answers your questions gives a a 22546 15:05:06,360 --> 15:05:11,360 good frame reference for how to look at 22547 15:05:08,520 --> 15:05:13,116 your analytics and uh like what to what 22548 15:05:11,360 --> 15:05:15,436 to do with it but fill out that 22549 15:05:13,116 --> 15:05:18,240 spreadsheet every day start to flex that 22550 15:05:15,436 --> 15:05:20,720 muscle and you'll uh you'll get better 22551 15:05:18,240 --> 15:05:24,116 at it over time so thanks for watching 22552 15:05:20,720 --> 15:05:24,116 I'll see you soon 22553 15:05:24,600 --> 15:05:34,880 [Music] 22554 15:05:33,000 --> 15:05:37,320 these are the most common advertising 22555 15:05:34,880 --> 15:05:39,956 mistakes that I see beginners making 22556 15:05:37,320 --> 15:05:41,796 when launching their first campaigns and 22557 15:05:39,956 --> 15:05:44,000 all these mistakes I've made more than 22558 15:05:41,796 --> 15:05:46,360 anybody else so any of these apply to 22559 15:05:44,000 --> 15:05:48,200 you don't feel bad just learn from it 22560 15:05:46,360 --> 15:05:50,436 and get better in the future so the 22561 15:05:48,200 --> 15:05:53,040 first ad mistake that I see is people 22562 15:05:50,436 --> 15:05:55,636 just not testing enough thinking that by 22563 15:05:53,040 --> 15:05:57,720 just launching four ads following the 22564 15:05:55,636 --> 15:06:00,000 campaign structure that we've covered in 22565 15:05:57,720 --> 15:06:01,276 in this training or others and and think 22566 15:06:00,000 --> 15:06:03,560 that because they've just followed that 22567 15:06:01,276 --> 15:06:04,956 structure just B ads should be enough 22568 15:06:03,560 --> 15:06:06,840 and they should be getting at least some 22569 15:06:04,956 --> 15:06:08,596 results and the fact that they're not 22570 15:06:06,840 --> 15:06:10,436 getting any good results shows that just 22571 15:06:08,596 --> 15:06:12,040 this whole thing doesn't work and 22572 15:06:10,436 --> 15:06:14,160 nothing could be further from the truth 22573 15:06:12,040 --> 15:06:15,680 all of the biggest and best advertisers 22574 15:06:14,160 --> 15:06:19,160 what they spend their time doing is 22575 15:06:15,680 --> 15:06:21,636 testing a ton now in this course we've 22576 15:06:19,160 --> 15:06:24,680 given some baseline examples of like 22577 15:06:21,636 --> 15:06:26,436 template ad copy creatives how to 22578 15:06:24,680 --> 15:06:28,436 structure the campaigns then we honed 22579 15:06:26,436 --> 15:06:30,040 our focus by looking at the pie chart of 22580 15:06:28,436 --> 15:06:32,000 like what matters most 22581 15:06:30,040 --> 15:06:34,320 but you have to be constantly revisiting 22582 15:06:32,000 --> 15:06:36,040 that and iterating in different areas 22583 15:06:34,320 --> 15:06:38,080 don't just take like the Baseline 22584 15:06:36,040 --> 15:06:40,160 examples we give you look at the 22585 15:06:38,080 --> 15:06:41,880 competition look out at the market read 22586 15:06:40,160 --> 15:06:43,520 advertising and marketing books and 22587 15:06:41,880 --> 15:06:45,360 learn what you can about things that you 22588 15:06:43,520 --> 15:06:47,560 can test but the biggest things to test 22589 15:06:45,360 --> 15:06:49,240 are number one new products especially 22590 15:06:47,560 --> 15:06:51,560 for print on demand where it's a catalog 22591 15:06:49,240 --> 15:06:53,116 focused differentiator rather than just 22592 15:06:51,560 --> 15:06:54,796 product quality if you're like a single 22593 15:06:53,116 --> 15:06:56,956 product funnel your product catalog 22594 15:06:54,796 --> 15:06:59,560 number one number two is the creative so 22595 15:06:56,956 --> 15:07:01,160 better videos pictures slideshows more 22596 15:06:59,560 --> 15:07:04,160 gauging content that stands out in the 22597 15:07:01,160 --> 15:07:06,560 feed third is your ad copy and offers 22598 15:07:04,160 --> 15:07:09,116 and then fourth is like your headlines 22599 15:07:06,560 --> 15:07:11,916 then fifth distant fifth would be your 22600 15:07:09,116 --> 15:07:14,480 targeting all of that stuff like back to 22601 15:07:11,916 --> 15:07:16,320 the the pie chart is pretty replaceable 22602 15:07:14,480 --> 15:07:18,000 with all of those other things like it 22603 15:07:16,320 --> 15:07:20,080 doesn't matter nearly as much as your 22604 15:07:18,000 --> 15:07:22,160 product and your ad creative two biggest 22605 15:07:20,080 --> 15:07:24,720 things but you have to test a lot you 22606 15:07:22,160 --> 15:07:26,040 have to be testing 30 4050 ads you have 22607 15:07:24,720 --> 15:07:28,000 to be running these different types of 22608 15:07:26,040 --> 15:07:30,000 campaigns to find your winning ads but 22609 15:07:28,000 --> 15:07:32,240 people who end up losing money with 22610 15:07:30,000 --> 15:07:34,240 advertising just don't test enough and 22611 15:07:32,240 --> 15:07:36,720 by the way testing does not need to 22612 15:07:34,240 --> 15:07:38,240 equal spending a ton of money testing 22613 15:07:36,720 --> 15:07:40,840 can just be putting up a lot of 22614 15:07:38,240 --> 15:07:44,160 different ads that within one ad set 22615 15:07:40,840 --> 15:07:46,680 like up to 10 at a $5 engagement budget 22616 15:07:44,160 --> 15:07:48,880 and let Facebook find like just giving 22617 15:07:46,680 --> 15:07:51,796 it enough ammunition to find 22618 15:07:48,880 --> 15:07:54,520 Winners a second is inaccurate tracking 22619 15:07:51,796 --> 15:07:57,596 so not setting up your API tracking if 22620 15:07:54,520 --> 15:07:59,916 you're using Shopify that's a huge no no 22621 15:07:57,596 --> 15:08:01,320 especially nowadays with iOS updates and 22622 15:07:59,916 --> 15:08:03,000 all of that you need to be tracking 22623 15:08:01,320 --> 15:08:05,040 properly you don't necessarily need to 22624 15:08:03,000 --> 15:08:07,116 go as far as using a software like hyos 22625 15:08:05,040 --> 15:08:08,880 like we used to do but at higher spends 22626 15:08:07,116 --> 15:08:11,320 it can definitely make sense third 22627 15:08:08,880 --> 15:08:12,560 biggest mistake advertisers make is not 22628 15:08:11,320 --> 15:08:15,000 understanding the metrics that's why 22629 15:08:12,560 --> 15:08:16,596 I've done a detailed lesson about just 22630 15:08:15,000 --> 15:08:18,680 reading the numbers understanding what 22631 15:08:16,596 --> 15:08:20,840 they mean and painting a picture because 22632 15:08:18,680 --> 15:08:22,276 if you don't understand the metrics like 22633 15:08:20,840 --> 15:08:24,720 you won't at the beginning it's going to 22634 15:08:22,276 --> 15:08:26,520 feel like a foreign language but it's by 22635 15:08:24,720 --> 15:08:29,400 far the most important skill out of 22636 15:08:26,520 --> 15:08:31,480 everything we've covered because it 22637 15:08:29,400 --> 15:08:33,160 allows you to hone your focus and see 22638 15:08:31,480 --> 15:08:35,636 where you need to be optimizing in your 22639 15:08:33,160 --> 15:08:38,436 business and just by understanding how 22640 15:08:35,636 --> 15:08:40,880 the metrics work you can be working on 22641 15:08:38,436 --> 15:08:42,480 the right thing and not the wrong thing 22642 15:08:40,880 --> 15:08:44,436 and beginners that don't understand the 22643 15:08:42,480 --> 15:08:47,040 metrics focus on the stuff that doesn't 22644 15:08:44,436 --> 15:08:49,880 matter like they'll be writing new ad 22645 15:08:47,040 --> 15:08:52,436 copy and testing their Emoji placement 22646 15:08:49,880 --> 15:08:54,636 and like you can go really really deep 22647 15:08:52,436 --> 15:08:56,680 on any area this business and beginners 22648 15:08:54,636 --> 15:08:59,436 do that they go like really deep in one 22649 15:08:56,680 --> 15:09:01,756 area but it's the area that they just 22650 15:08:59,436 --> 15:09:03,756 find easiest or most entertaining or 22651 15:09:01,756 --> 15:09:05,636 most rewarding CU it makes something 22652 15:09:03,756 --> 15:09:07,240 aesthetically different about their 22653 15:09:05,636 --> 15:09:09,040 business that's cool to them and it's 22654 15:09:07,240 --> 15:09:10,720 something tangible whereas what they 22655 15:09:09,040 --> 15:09:12,400 should actually be doing is looking at 22656 15:09:10,720 --> 15:09:14,240 the metrics and seeing like what are my 22657 15:09:12,400 --> 15:09:15,720 clickthrough rates my cpms my conversion 22658 15:09:14,240 --> 15:09:18,360 rates my add to cart rate all the 22659 15:09:15,720 --> 15:09:20,840 numbers and then fix the thing that's 22660 15:09:18,360 --> 15:09:22,840 broken fourth this is an obvious and 22661 15:09:20,840 --> 15:09:24,880 easy one to fix is not being conversion 22662 15:09:22,840 --> 15:09:26,956 optimized I hear this a lot I'm getting 22663 15:09:24,880 --> 15:09:29,080 really cheap clicks but no one is 22664 15:09:26,956 --> 15:09:31,436 converting 90% of the time I look at 22665 15:09:29,080 --> 15:09:34,276 their ad account and their campaign 22666 15:09:31,436 --> 15:09:35,880 objective is for either link clicks or 22667 15:09:34,276 --> 15:09:37,480 engagement no wonder you're not getting 22668 15:09:35,880 --> 15:09:39,596 conversions you just have to follow the 22669 15:09:37,480 --> 15:09:41,400 structure that we laid out and make sure 22670 15:09:39,596 --> 15:09:44,200 that you're telling Facebook we want 22671 15:09:41,400 --> 15:09:46,320 people to buy AKA conversions purchase 22672 15:09:44,200 --> 15:09:48,320 optimized the fifth thing is they will 22673 15:09:46,320 --> 15:09:51,680 launch their ads and then just don't 22674 15:09:48,320 --> 15:09:54,160 touch them which is fine not touching 22675 15:09:51,680 --> 15:09:55,956 them is good once you have good results 22676 15:09:54,160 --> 15:09:57,680 and you're profitable because then at 22677 15:09:55,956 --> 15:09:59,916 that point you're just you want your ad 22678 15:09:57,680 --> 15:10:02,116 account to like optimize you want your 22679 15:09:59,916 --> 15:10:03,560 ad sets to get out of the learning phase 22680 15:10:02,116 --> 15:10:05,400 in the beginning you are not at that 22681 15:10:03,560 --> 15:10:07,276 point if you've never had good results 22682 15:10:05,400 --> 15:10:08,916 before like your ad accounts never been 22683 15:10:07,276 --> 15:10:11,916 profitable you should not just be 22684 15:10:08,916 --> 15:10:13,680 launching and then not touching anything 22685 15:10:11,916 --> 15:10:15,916 because you want to be launching and 22686 15:10:13,680 --> 15:10:17,756 then watching and learning and seeing 22687 15:10:15,916 --> 15:10:19,636 what's working what's not come up with 22688 15:10:17,756 --> 15:10:21,040 your own hypotheses as you're launching 22689 15:10:19,636 --> 15:10:22,880 your ads like I think this one's going 22690 15:10:21,040 --> 15:10:24,956 to do well and then see if you're right 22691 15:10:22,880 --> 15:10:27,160 but the worst thing you can do is follow 22692 15:10:24,956 --> 15:10:29,596 this what we've laid out for you follow 22693 15:10:27,160 --> 15:10:32,116 it to a t launch your ads and then just 22694 15:10:29,596 --> 15:10:33,796 sit back and think okay I followed what 22695 15:10:32,116 --> 15:10:35,880 what Chris showed now it's time for the 22696 15:10:33,796 --> 15:10:37,720 ads to do their thing I can promise you 22697 15:10:35,880 --> 15:10:39,840 that is not going to work the only way 22698 15:10:37,720 --> 15:10:41,956 your ads are going to work is if you 22699 15:10:39,840 --> 15:10:43,956 follow what we laid out as a Baseline 22700 15:10:41,956 --> 15:10:45,796 and then you take it a step further you 22701 15:10:43,956 --> 15:10:47,596 really start learning and understanding 22702 15:10:45,796 --> 15:10:50,040 the stuff for yourself understand the 22703 15:10:47,596 --> 15:10:51,436 metrics and like I sound like a broken 22704 15:10:50,040 --> 15:10:52,680 record but I'm going to keep saying cuz 22705 15:10:51,436 --> 15:10:54,276 it's all you have to do you work on your 22706 15:10:52,680 --> 15:10:55,596 product collection you understand the 22707 15:10:54,276 --> 15:10:58,116 metric so you're working on the right 22708 15:10:55,596 --> 15:11:00,480 areas of your business and then you come 22709 15:10:58,116 --> 15:11:02,116 up with ideas or things you want to test 22710 15:11:00,480 --> 15:11:03,756 and then you do it in your ad account 22711 15:11:02,116 --> 15:11:05,520 worst thing you can do is launch ads and 22712 15:11:03,756 --> 15:11:07,636 then get too nervous to touch anything 22713 15:11:05,520 --> 15:11:09,000 and you just sit back and then a week 22714 15:11:07,636 --> 15:11:10,480 later you're like all right now I've 22715 15:11:09,000 --> 15:11:12,480 spent more money than I'm comfortable 22716 15:11:10,480 --> 15:11:13,916 with and I got nothing to show for it 22717 15:11:12,480 --> 15:11:15,320 the way you get something to show for it 22718 15:11:13,916 --> 15:11:17,240 especially in the beginning is by 22719 15:11:15,320 --> 15:11:19,000 launching and then watching it like a 22720 15:11:17,240 --> 15:11:21,796 hawk and learning that's what you should 22721 15:11:19,000 --> 15:11:23,796 be doing the sixth mistake that I see is 22722 15:11:21,796 --> 15:11:26,080 beginners try to come up with something 22723 15:11:23,796 --> 15:11:28,360 completely new and original out of the 22724 15:11:26,080 --> 15:11:30,596 gate which is fine it's good to have 22725 15:11:28,360 --> 15:11:32,520 creativity but take your ideas and put 22726 15:11:30,596 --> 15:11:34,160 it on the back burner if you've never 22727 15:11:32,520 --> 15:11:35,596 run ads before you have no frame of 22728 15:11:34,160 --> 15:11:37,360 reference for what's a good idea and 22729 15:11:35,596 --> 15:11:39,160 what's a bad idea everything's going to 22730 15:11:37,360 --> 15:11:41,480 seem like a good idea to you cuz you 22731 15:11:39,160 --> 15:11:43,436 have no experience and I'm talking to 22732 15:11:41,480 --> 15:11:45,200 myself I did this exact same thing now 22733 15:11:43,436 --> 15:11:47,520 what I do and a much smarter way to 22734 15:11:45,200 --> 15:11:50,116 approach things is when you go to launch 22735 15:11:47,520 --> 15:11:51,840 ads or anything in business really look 22736 15:11:50,116 --> 15:11:54,240 at the competition see what they're 22737 15:11:51,840 --> 15:11:56,160 doing take notes see what their offers 22738 15:11:54,240 --> 15:11:58,000 are their ad copy their creative their 22739 15:11:56,160 --> 15:12:00,560 landing pages their products their price 22740 15:11:58,000 --> 15:12:02,520 points their catalog all of that stuff 22741 15:12:00,560 --> 15:12:05,000 and then see their Shopify apps go on 22742 15:12:02,520 --> 15:12:05,000 builtwith 22743 15:12:05,400 --> 15:12:10,636 docomo and to maximize their LTV all of 22744 15:12:08,636 --> 15:12:12,916 that ties into your ad performance 22745 15:12:10,636 --> 15:12:14,636 beginners don't do any of that they just 22746 15:12:12,916 --> 15:12:16,720 sit down and they try to come up with 22747 15:12:14,636 --> 15:12:18,436 something new they order a t-shirt and 22748 15:12:16,720 --> 15:12:20,000 like take pictures of it and try to make 22749 15:12:18,436 --> 15:12:22,596 cool backgrounds and then use that as 22750 15:12:20,000 --> 15:12:24,520 their ad creative don't do that save 22751 15:12:22,596 --> 15:12:26,756 yourself the time just follow what we 22752 15:12:24,520 --> 15:12:28,680 laid out here as a baseline get your 22753 15:12:26,756 --> 15:12:30,956 foundation and your ad account for print 22754 15:12:28,680 --> 15:12:33,080 on demand products at least for for Tik 22755 15:12:30,956 --> 15:12:35,160 Tok and other channels it's different 22756 15:12:33,080 --> 15:12:36,840 there you have to or not even really 22757 15:12:35,160 --> 15:12:39,320 different there you still look at the 22758 15:12:36,840 --> 15:12:41,240 competition you see how people are 22759 15:12:39,320 --> 15:12:43,360 advertising or showing off their product 22760 15:12:41,240 --> 15:12:45,436 get your own ideas from that of like 22761 15:12:43,360 --> 15:12:47,520 ways you can iterate off of that idea 22762 15:12:45,436 --> 15:12:49,680 and then re-shoot that same type of 22763 15:12:47,520 --> 15:12:52,080 video just in your own way so you're not 22764 15:12:49,680 --> 15:12:54,320 exactly copying anything but that's how 22765 15:12:52,080 --> 15:12:56,160 you would do it on Tik Tok Facebook same 22766 15:12:54,320 --> 15:12:58,320 thing all these principles hold true but 22767 15:12:56,160 --> 15:13:00,276 don't be the beginner who tries to come 22768 15:12:58,320 --> 15:13:02,240 up with a brand new idea as a beginner 22769 15:13:00,276 --> 15:13:04,796 your goal is to learn from what others 22770 15:13:02,240 --> 15:13:06,880 have already proven works and then once 22771 15:13:04,796 --> 15:13:08,956 you get up to that level that level of 22772 15:13:06,880 --> 15:13:10,880 performance and knowledge and just 22773 15:13:08,956 --> 15:13:12,756 experience with marketing and the 22774 15:13:10,880 --> 15:13:14,796 business in general that's where you 22775 15:13:12,756 --> 15:13:17,720 start to introduce your own ideas and 22776 15:13:14,796 --> 15:13:19,756 your own unique flare and the last and 22777 15:13:17,720 --> 15:13:21,796 most pervasive mistake that I see 22778 15:13:19,756 --> 15:13:23,596 beginners making that took me the 22779 15:13:21,796 --> 15:13:26,000 longest to learn this one is thinking 22780 15:13:23,596 --> 15:13:28,320 that you can solve your ad performance 22781 15:13:26,000 --> 15:13:30,880 issues just within the ad account 22782 15:13:28,320 --> 15:13:33,000 thinking that okay my Raz is dropping 22783 15:13:30,880 --> 15:13:34,360 the way I'm going to fix that is by or 22784 15:13:33,000 --> 15:13:37,160 even better yet I've never had a good 22785 15:13:34,360 --> 15:13:39,160 Raz I've had bad ad performance I'm 22786 15:13:37,160 --> 15:13:41,720 clearly doing something wrong in my ad 22787 15:13:39,160 --> 15:13:44,560 account and spending 100% of your time 22788 15:13:41,720 --> 15:13:46,956 and focus just in the ad account is a 22789 15:13:44,560 --> 15:13:49,520 huge mistake that I see beginners making 22790 15:13:46,956 --> 15:13:51,796 because the missing link there is the 22791 15:13:49,520 --> 15:13:54,240 10,000 ft view back to the brick and 22792 15:13:51,796 --> 15:13:56,596 mortar store metaphor is that just 22793 15:13:54,240 --> 15:13:59,560 getting people to come into your shop is 22794 15:13:56,596 --> 15:14:01,560 just one step of the process like if you 22795 15:13:59,560 --> 15:14:03,360 walk by if if you're talking to a store 22796 15:14:01,560 --> 15:14:04,720 owner they like yeah I don't know why 22797 15:14:03,360 --> 15:14:06,720 what's going wrong like people are 22798 15:14:04,720 --> 15:14:08,560 coming in but nobody's buying like I 22799 15:14:06,720 --> 15:14:10,520 have my billboard out there and then you 22800 15:14:08,560 --> 15:14:12,240 look inside their store and they have 22801 15:14:10,520 --> 15:14:14,636 like two products on the shelves and one 22802 15:14:12,240 --> 15:14:17,000 of the products is out of stock and 22803 15:14:14,636 --> 15:14:18,840 inside it's dark and dingy and their 22804 15:14:17,000 --> 15:14:20,320 customer service reps are mean the 22805 15:14:18,840 --> 15:14:22,116 people working at the counter but then 22806 15:14:20,320 --> 15:14:23,680 the business owner the store shop owner 22807 15:14:22,116 --> 15:14:25,160 is telling you yeah but like so I'm 22808 15:14:23,680 --> 15:14:26,560 going to take that billboard down I'm 22809 15:14:25,160 --> 15:14:28,400 going to put up a different one I got a 22810 15:14:26,560 --> 15:14:29,956 new idea for a picture cuz I saw 22811 15:14:28,400 --> 15:14:31,636 somebody else's billboard down there 22812 15:14:29,956 --> 15:14:34,160 that looked good so I'm going to try out 22813 15:14:31,636 --> 15:14:35,480 that to drive traffic in would you go 22814 15:14:34,160 --> 15:14:37,360 yeah that's a good idea you should 22815 15:14:35,480 --> 15:14:39,320 really fix that billboard cuz that's 22816 15:14:37,360 --> 15:14:41,956 clearly why you're not getting any sales 22817 15:14:39,320 --> 15:14:43,320 you go no screw the billboard it's 22818 15:14:41,956 --> 15:14:45,636 working you're getting some people in 22819 15:14:43,320 --> 15:14:47,360 the door your problem is in your shop 22820 15:14:45,636 --> 15:14:49,880 you have no products you your store 22821 15:14:47,360 --> 15:14:52,756 sucks stop looking at the billboard the 22822 15:14:49,880 --> 15:14:55,436 big obvious or easy to point at thing 22823 15:14:52,756 --> 15:14:56,596 and start fixing the actual business cuz 22824 15:14:55,436 --> 15:14:57,916 when you have a really good business 22825 15:14:56,596 --> 15:14:59,400 with products that people love that they 22826 15:14:57,916 --> 15:15:01,116 want to come back and buy from you again 22827 15:14:59,400 --> 15:15:03,360 and again then the marketing becomes 22828 15:15:01,116 --> 15:15:04,840 honestly dead simple the marketing 22829 15:15:03,360 --> 15:15:06,400 becomes the easiest thing in the world 22830 15:15:04,840 --> 15:15:08,520 because all you have to do is just drop 22831 15:15:06,400 --> 15:15:09,840 a match and the rest takes off when you 22832 15:15:08,520 --> 15:15:11,320 have a product that people love and they 22833 15:15:09,840 --> 15:15:13,400 want to tell their friends about just 22834 15:15:11,320 --> 15:15:16,360 getting people in the door becomes so 22835 15:15:13,400 --> 15:15:17,956 easy marketing becomes more challenging 22836 15:15:16,360 --> 15:15:20,720 the worse your product is there's an 22837 15:15:17,956 --> 15:15:22,796 inverse relationship between the effort 22838 15:15:20,720 --> 15:15:24,400 and how hard your marketing is going to 22839 15:15:22,796 --> 15:15:26,200 be how much of an uphill battle it's 22840 15:15:24,400 --> 15:15:28,240 going to be and the quality of your 22841 15:15:26,200 --> 15:15:30,080 product if you have a 10 out of 10 22842 15:15:28,240 --> 15:15:32,000 quality you can put a one out of 10 22843 15:15:30,080 --> 15:15:34,436 effort into your marketing and get still 22844 15:15:32,000 --> 15:15:36,880 insane results that's why Elon Musk with 22845 15:15:34,436 --> 15:15:38,840 his companies he doesn't like focus on 22846 15:15:36,880 --> 15:15:40,636 marketing hardly at all his whole 22847 15:15:38,840 --> 15:15:42,480 philosophy is around just build the best 22848 15:15:40,636 --> 15:15:44,756 product in the world that people have 22849 15:15:42,480 --> 15:15:46,636 ever seen or never seen a lot of times 22850 15:15:44,756 --> 15:15:48,436 with his companies and the marketing 22851 15:15:46,636 --> 15:15:50,756 takes care of itself and when I was 22852 15:15:48,436 --> 15:15:52,320 running some of my early stores I would 22853 15:15:50,756 --> 15:15:54,240 have this exact thing happen where we 22854 15:15:52,320 --> 15:15:55,520 would have like good performance for a 22855 15:15:54,240 --> 15:15:57,400 little while and then it would start to 22856 15:15:55,520 --> 15:15:59,040 drop and for whatever reason I would 22857 15:15:57,400 --> 15:16:00,596 just I would start honing in on the 22858 15:15:59,040 --> 15:16:02,360 marketing I viewed myself as like a 22859 15:16:00,596 --> 15:16:04,436 Facebook ads guy I was like this is my 22860 15:16:02,360 --> 15:16:06,080 thing like I can fix this start tearing 22861 15:16:04,436 --> 15:16:08,080 apart all the metrics and stuff and it 22862 15:16:06,080 --> 15:16:09,560 wasn't until I had tried and exhausted 22863 15:16:08,080 --> 15:16:11,436 everything I could think of in the ad 22864 15:16:09,560 --> 15:16:13,040 account fixed everything in there and 22865 15:16:11,436 --> 15:16:14,560 performance was still low it wasn't 22866 15:16:13,040 --> 15:16:16,200 until that happened that I finally 22867 15:16:14,560 --> 15:16:18,680 picked my head up and looked at the 22868 15:16:16,200 --> 15:16:21,116 store and looked at the whole customer 22869 15:16:18,680 --> 15:16:22,756 experience and figured out what what was 22870 15:16:21,116 --> 15:16:24,680 going on and that's when I started 22871 15:16:22,756 --> 15:16:26,720 noticing some pretty obvious things like 22872 15:16:24,680 --> 15:16:28,596 some of my top sellers were out of stock 22873 15:16:26,720 --> 15:16:31,720 or the collection had been accidentally 22874 15:16:28,596 --> 15:16:34,756 re sorted from newest to oldest instead 22875 15:16:31,720 --> 15:16:36,636 of by Best Sellers or that PayPal had 22876 15:16:34,756 --> 15:16:39,200 locked our account for some reason like 22877 15:16:36,636 --> 15:16:40,636 we need to verify something so customers 22878 15:16:39,200 --> 15:16:42,160 weren't able to check out with PayPal 22879 15:16:40,636 --> 15:16:44,240 anymore even though they were seeing the 22880 15:16:42,160 --> 15:16:45,880 PayPal logo everywhere they would expect 22881 15:16:44,240 --> 15:16:49,116 it they would get the checkout and they 22882 15:16:45,880 --> 15:16:51,080 couldn't buy huge issue or like uh our 22883 15:16:49,116 --> 15:16:53,200 prices would be all jacked up if 22884 15:16:51,080 --> 15:16:55,000 somebody ran a bulk product edit and 22885 15:16:53,200 --> 15:16:57,116 threw something off all of our products 22886 15:16:55,000 --> 15:16:59,116 are wrong those kind of things those are 22887 15:16:57,116 --> 15:17:00,756 obvious examples but I wasn't catching 22888 15:16:59,116 --> 15:17:02,596 any of that stuff because I was just too 22889 15:17:00,756 --> 15:17:04,000 focused on the ad account and when I 22890 15:17:02,596 --> 15:17:05,840 used to help people with their ads 22891 15:17:04,000 --> 15:17:07,360 before I used to just look at the ad 22892 15:17:05,840 --> 15:17:08,436 account I would say okay you have an ads 22893 15:17:07,360 --> 15:17:10,240 problem I'll help you with the ads 22894 15:17:08,436 --> 15:17:11,880 problem now before I even look at the ad 22895 15:17:10,240 --> 15:17:13,840 account I look at the entire business 22896 15:17:11,880 --> 15:17:15,796 cuz if you look at the quality of their 22897 15:17:13,840 --> 15:17:17,916 site of their products I can normally 22898 15:17:15,796 --> 15:17:19,680 guess like where the break is if they 22899 15:17:17,916 --> 15:17:21,596 have really good products and a site 22900 15:17:19,680 --> 15:17:23,276 then fixing the ads is the easy part but 22901 15:17:21,596 --> 15:17:25,040 if you try to help them with the ads and 22902 15:17:23,276 --> 15:17:26,840 you know the inside of their store the 22903 15:17:25,040 --> 15:17:28,240 lights are off then there's no point 22904 15:17:26,840 --> 15:17:29,880 you're wasting your time those are the 22905 15:17:28,240 --> 15:17:31,200 most common mistakes that I've 22906 15:17:29,880 --> 15:17:33,170 personally made and that I see a lot 22907 15:17:31,200 --> 15:17:41,660 hopefully you can avoid some of them 22908 15:17:33,170 --> 15:17:41,660 [Music] 22909 15:17:44,240 --> 15:17:51,916 too module 7 emails this is by far the 22910 15:17:48,400 --> 15:17:53,320 most requested lesson or course material 22911 15:17:51,916 --> 15:17:55,040 out of anything I've put out on the 22912 15:17:53,320 --> 15:17:57,560 channel so we're really excited to 22913 15:17:55,040 --> 15:17:59,560 finally be bringing a cohesive email 22914 15:17:57,560 --> 15:18:01,880 marketing training to you you guys and 22915 15:17:59,560 --> 15:18:04,796 not only that it's also going to include 22916 15:18:01,880 --> 15:18:06,436 a bunch of templates and examples and 22917 15:18:04,796 --> 15:18:08,956 things that you can just basically 22918 15:18:06,436 --> 15:18:10,916 copypaste into your own account similar 22919 15:18:08,956 --> 15:18:13,480 to what we're doing with the ads and 22920 15:18:10,916 --> 15:18:15,480 Shopify store to get you to a baseline 22921 15:18:13,480 --> 15:18:17,520 level of performance because our goal is 22922 15:18:15,480 --> 15:18:19,596 to get you out the door and profitable 22923 15:18:17,520 --> 15:18:21,756 as quickly as possible and then there's 22924 15:18:19,596 --> 15:18:24,880 obviously lots of ways you can iterate 22925 15:18:21,756 --> 15:18:26,956 and improve from that point onward so in 22926 15:18:24,880 --> 15:18:29,400 this video we're going to quickly go 22927 15:18:26,956 --> 15:18:31,636 over some of the key elements for this 22928 15:18:29,400 --> 15:18:34,000 module along with the lesson plans and 22929 15:18:31,636 --> 15:18:36,160 answer some of the FAQs when it comes to 22930 15:18:34,000 --> 15:18:37,880 emails and cover some of the things to 22931 15:18:36,160 --> 15:18:39,796 watch out for as you're going through it 22932 15:18:37,880 --> 15:18:41,720 so the lesson plan first we're going to 22933 15:18:39,796 --> 15:18:44,320 obviously set up our clavio account 22934 15:18:41,720 --> 15:18:46,000 which is our email software they have 22935 15:18:44,320 --> 15:18:47,956 entry level plans that are pretty 22936 15:18:46,000 --> 15:18:50,240 affordable and their pricing just scales 22937 15:18:47,956 --> 15:18:52,000 up uh based on the number of subscribers 22938 15:18:50,240 --> 15:18:54,956 you have this is how all the email 22939 15:18:52,000 --> 15:18:57,636 providers do it and there's clavio 22940 15:18:54,956 --> 15:18:59,360 MailChimp active campaign I mean there's 22941 15:18:57,636 --> 15:19:01,400 a ton of different emails softwares out 22942 15:18:59,360 --> 15:19:03,320 there but we use clavio because just 22943 15:19:01,400 --> 15:19:05,916 like Shopify is the website builder 22944 15:19:03,320 --> 15:19:08,436 specifically for e-commerce companies 22945 15:19:05,916 --> 15:19:10,116 clavio is the email software 22946 15:19:08,436 --> 15:19:11,320 specifically for e-commerce companies 22947 15:19:10,116 --> 15:19:13,116 then in lesson two we're going to be 22948 15:19:11,320 --> 15:19:15,480 setting up your lists and customer 22949 15:19:13,116 --> 15:19:17,680 segments this is uh going to be similar 22950 15:19:15,480 --> 15:19:20,000 to our Facebook audiences our custom 22951 15:19:17,680 --> 15:19:21,956 audiences uh where it'll automatically 22952 15:19:20,000 --> 15:19:23,400 populate based on the parameters that we 22953 15:19:21,956 --> 15:19:25,956 put in place we're going to set up our 22954 15:19:23,400 --> 15:19:27,756 list in segments that for like existing 22955 15:19:25,956 --> 15:19:29,276 customers abandoned carts initiate 22956 15:19:27,756 --> 15:19:30,320 checkouts all that kind of stuff and 22957 15:19:29,276 --> 15:19:32,480 then we're going to be setting up the 22958 15:19:30,320 --> 15:19:34,276 flows on top of that don't worry if it 22959 15:19:32,480 --> 15:19:36,360 sounds complex Meg is going to be 22960 15:19:34,276 --> 15:19:38,560 leading you through all of this stuff 22961 15:19:36,360 --> 15:19:39,756 and clavio also makes it really easy a 22962 15:19:38,560 --> 15:19:41,520 lot of the stuff we're going to be 22963 15:19:39,756 --> 15:19:42,880 setting up comes out of the box and then 22964 15:19:41,520 --> 15:19:44,560 Meg is going to be pointing you in the 22965 15:19:42,880 --> 15:19:46,560 direction of you know what's worked for 22966 15:19:44,560 --> 15:19:48,436 us and show you the emails and flows 22967 15:19:46,560 --> 15:19:50,320 that we're setting up for seasonal 22968 15:19:48,436 --> 15:19:52,480 Collections and three is the flows and 22969 15:19:50,320 --> 15:19:55,116 automations which if you're not sure 22970 15:19:52,480 --> 15:19:56,320 what that is just stay tuned for Meg's 22971 15:19:55,116 --> 15:20:00,040 training she's going to give you a great 22972 15:19:56,320 --> 15:20:03,000 overview but the basic idea is just like 22973 15:20:00,040 --> 15:20:04,596 when a customer gets added to uh an 22974 15:20:03,000 --> 15:20:06,040 audience say like once somebody 22975 15:20:04,596 --> 15:20:08,840 purchases we're goingon to be setting up 22976 15:20:06,040 --> 15:20:10,916 flows to we don't want the conversation 22977 15:20:08,840 --> 15:20:12,560 just stop there with the customer that's 22978 15:20:10,916 --> 15:20:14,360 what different what's different about 22979 15:20:12,560 --> 15:20:16,360 what we're building like a Shopify brand 22980 15:20:14,360 --> 15:20:18,520 compared to like Etsy Amazon or even 22981 15:20:16,360 --> 15:20:19,880 drop shippers we're able to continue to 22982 15:20:18,520 --> 15:20:21,276 build that relationship with the 22983 15:20:19,880 --> 15:20:23,680 customer to get them to come back and 22984 15:20:21,276 --> 15:20:26,116 buy again deliver more value improve 22985 15:20:23,680 --> 15:20:27,720 their lives bring more happiness all 22986 15:20:26,116 --> 15:20:29,360 that kind of stuff the way we do that is 22987 15:20:27,720 --> 15:20:31,520 by continuing the conver ation so once 22988 15:20:29,360 --> 15:20:34,160 somebody purchases we are going to set 22989 15:20:31,520 --> 15:20:35,880 up a a flow so that uh like 2 hours 22990 15:20:34,160 --> 15:20:38,796 later it sends a welcome email telling 22991 15:20:35,880 --> 15:20:41,240 them about the brand then uh like 2 days 22992 15:20:38,796 --> 15:20:43,040 later it sends a follow-up saying like 22993 15:20:41,240 --> 15:20:45,040 hey your package is on the way then like 22994 15:20:43,040 --> 15:20:46,680 a week later I'm just spit bonging these 22995 15:20:45,040 --> 15:20:48,636 aren't the exact emails but like a week 22996 15:20:46,680 --> 15:20:49,756 later it's like after they get their 22997 15:20:48,636 --> 15:20:51,000 packages we're going to send them an 22998 15:20:49,756 --> 15:20:52,596 email saying like hey did everything 22999 15:20:51,000 --> 15:20:54,560 turn out the way you hoped let us know 23000 15:20:52,596 --> 15:20:56,116 if there's anything we can do and then 23001 15:20:54,560 --> 15:20:58,956 we're we're also going to set up like a 23002 15:20:56,116 --> 15:21:01,520 cross sell flow so after somebody buys 23003 15:20:58,956 --> 15:21:03,560 you know a t-shirt we can cross sell for 23004 15:21:01,520 --> 15:21:06,400 other products that can either be like 23005 15:21:03,560 --> 15:21:09,276 other designs of the same product type 23006 15:21:06,400 --> 15:21:11,560 or it can be like hoodies tank tops crew 23007 15:21:09,276 --> 15:21:12,796 necks or if you launch Like Home Decor 23008 15:21:11,560 --> 15:21:14,160 like any other products that your 23009 15:21:12,796 --> 15:21:16,116 customer would be interested in once you 23010 15:21:14,160 --> 15:21:18,720 launch them you can set up flows and 23011 15:21:16,116 --> 15:21:20,436 automations that they automatically find 23012 15:21:18,720 --> 15:21:22,756 out about them then we're going to talk 23013 15:21:20,436 --> 15:21:24,080 about uh sending email campaigns which 23014 15:21:22,756 --> 15:21:26,636 the difference between campaigns and 23015 15:21:24,080 --> 15:21:28,520 flows SL automations is campaigns are 23016 15:21:26,636 --> 15:21:30,320 just the one-off blasts that you set 23017 15:21:28,520 --> 15:21:32,880 send to people so like your entire list 23018 15:21:30,320 --> 15:21:35,240 send them one message uh or you can 23019 15:21:32,880 --> 15:21:37,916 segment it send it to you know your most 23020 15:21:35,240 --> 15:21:39,636 active buyers most loyal customers but 23021 15:21:37,916 --> 15:21:41,480 an example campaign would be like if 23022 15:21:39,636 --> 15:21:43,080 after we launch a new collection like 23023 15:21:41,480 --> 15:21:44,840 when summer comes around and we're 23024 15:21:43,080 --> 15:21:47,200 launching the summer collection we'd 23025 15:21:44,840 --> 15:21:48,916 send like a couple of email campaigns 23026 15:21:47,200 --> 15:21:50,520 leading up to that like you know a few 23027 15:21:48,916 --> 15:21:53,240 weeks before it launches then a week 23028 15:21:50,520 --> 15:21:55,720 before it launches then day before then 23029 15:21:53,240 --> 15:21:57,520 day of like building up hype about the 23030 15:21:55,720 --> 15:21:59,040 new designs that are launching and then 23031 15:21:57,520 --> 15:22:01,400 say it's like a special thank you for 23032 15:21:59,040 --> 15:22:03,796 being on our email list here's a 15% off 23033 15:22:01,400 --> 15:22:05,916 discount and those emails especially the 23034 15:22:03,796 --> 15:22:07,320 ones where you talk about uh new 23035 15:22:05,916 --> 15:22:08,956 products being launch normally do 23036 15:22:07,320 --> 15:22:11,240 extremely well but Meg is going to cover 23037 15:22:08,956 --> 15:22:12,560 that in a lot more depth and then I'm 23038 15:22:11,240 --> 15:22:14,636 going to be showing you how to set up 23039 15:22:12,560 --> 15:22:17,480 our email popup so this is the exit 23040 15:22:14,636 --> 15:22:19,956 intent like email capture page or popup 23041 15:22:17,480 --> 15:22:22,276 rather it's not a separate page where as 23042 15:22:19,956 --> 15:22:24,116 somebody's leaving your page to exit the 23043 15:22:22,276 --> 15:22:26,080 website for whatever reason you we're 23044 15:22:24,116 --> 15:22:28,080 going to pop up show them a discount 23045 15:22:26,080 --> 15:22:30,080 code to try to get them to convert in 23046 15:22:28,080 --> 15:22:31,596 that session but if they don't will at 23047 15:22:30,080 --> 15:22:33,880 the very least be building our email 23048 15:22:31,596 --> 15:22:37,000 list which is again a huge asset for the 23049 15:22:33,880 --> 15:22:38,596 business in general so there we go took 23050 15:22:37,000 --> 15:22:40,880 the words right out of my own mouth so 23051 15:22:38,596 --> 15:22:43,436 your email list is a valuable asset that 23052 15:22:40,880 --> 15:22:45,160 you build up as a Shopify seller that 23053 15:22:43,436 --> 15:22:47,080 other platforms don't allow you to do 23054 15:22:45,160 --> 15:22:49,400 like Amazon Etsy sellers they don't have 23055 15:22:47,080 --> 15:22:51,200 these assets whereas you are going to be 23056 15:22:49,400 --> 15:22:54,320 building a list of your customers that 23057 15:22:51,200 --> 15:22:56,276 you can sell to anywhere and the 23058 15:22:54,320 --> 15:22:58,756 interesting thing that not many people 23059 15:22:56,276 --> 15:23:00,880 are aware of but you can Leverage your 23060 15:22:58,756 --> 15:23:03,080 Shopify list if you decide down the down 23061 15:23:00,880 --> 15:23:05,200 the road that you want to launch on Etsy 23062 15:23:03,080 --> 15:23:08,200 Amazon other marketplaces you can use 23063 15:23:05,200 --> 15:23:09,916 your existing customer base to jump 23064 15:23:08,200 --> 15:23:11,756 start your growth on those platforms 23065 15:23:09,916 --> 15:23:13,880 like all those marketplaces love when 23066 15:23:11,756 --> 15:23:16,080 you send external traffic especially if 23067 15:23:13,880 --> 15:23:17,680 it converts really well so it's almost 23068 15:23:16,080 --> 15:23:19,520 like a cheat code to be launching on 23069 15:23:17,680 --> 15:23:21,520 Etsy after you've already built an email 23070 15:23:19,520 --> 15:23:23,000 list rather than if you start from 23071 15:23:21,520 --> 15:23:25,596 scratch like you're just playing like 23072 15:23:23,000 --> 15:23:27,840 the SEO game running you know you have 23073 15:23:25,596 --> 15:23:29,720 to load like thousands of products in 23074 15:23:27,840 --> 15:23:31,480 order to start seeing real traction with 23075 15:23:29,720 --> 15:23:33,756 an email list you can start seeing sales 23076 15:23:31,480 --> 15:23:35,040 like relatively quickly and the reason 23077 15:23:33,756 --> 15:23:36,636 that these platforms don't give you the 23078 15:23:35,040 --> 15:23:38,520 customer data is if you picture every 23079 15:23:36,636 --> 15:23:39,756 time you bought from Amazon what would 23080 15:23:38,520 --> 15:23:42,276 what would the experience be like for 23081 15:23:39,756 --> 15:23:44,796 the customer if you got added to a new 23082 15:23:42,276 --> 15:23:46,240 email list like every individual brand 23083 15:23:44,796 --> 15:23:47,756 that you've ever bought from like I 23084 15:23:46,240 --> 15:23:50,880 bought hundreds of products off of 23085 15:23:47,756 --> 15:23:52,796 Amazon if not more and all of them 23086 15:23:50,880 --> 15:23:54,840 almost all of them come from separate 23087 15:23:52,796 --> 15:23:57,320 Amazon sellers so imagine if I was 23088 15:23:54,840 --> 15:23:58,916 getting added to a 100 plus different 23089 15:23:57,320 --> 15:24:00,796 like email lists for these different 23090 15:23:58,916 --> 15:24:02,756 brands it'd be a terrible experience I 23091 15:24:00,796 --> 15:24:04,276 would get annoyed with Amazon so Amazon 23092 15:24:02,756 --> 15:24:06,480 doesn't allow that and then your list in 23093 15:24:04,276 --> 15:24:07,916 segments are making sure that we're 23094 15:24:06,480 --> 15:24:10,200 splitting up the customers so we're 23095 15:24:07,916 --> 15:24:12,756 talking to them in the right way like we 23096 15:24:10,200 --> 15:24:14,680 don't want to be sending a salesy like 23097 15:24:12,756 --> 15:24:16,436 you know new collection launch email to 23098 15:24:14,680 --> 15:24:18,916 people who have have placed an order but 23099 15:24:16,436 --> 15:24:21,636 haven't received it yet that would get 23100 15:24:18,916 --> 15:24:22,956 kind of a WTF type of moment so we're 23101 15:24:21,636 --> 15:24:24,480 going to be segmenting people so that 23102 15:24:22,956 --> 15:24:26,000 we're speaking to them in the right way 23103 15:24:24,480 --> 15:24:28,916 and again Meg's going to be the one 23104 15:24:26,000 --> 15:24:30,360 leading through all this and my personal 23105 15:24:28,916 --> 15:24:32,880 favorite part about setting up the 23106 15:24:30,360 --> 15:24:35,080 emails and the flows and stuff is that 23107 15:24:32,880 --> 15:24:37,000 it's a onetime Time investment for the 23108 15:24:35,080 --> 15:24:38,596 most part on your part like it does take 23109 15:24:37,000 --> 15:24:40,796 a lot of time to set up these flows but 23110 15:24:38,596 --> 15:24:42,796 like anything but the really good thing 23111 15:24:40,796 --> 15:24:45,756 is that since especially since you're 23112 15:24:42,796 --> 15:24:47,916 copying are basically proven flows that 23113 15:24:45,756 --> 15:24:49,756 are going to get you sales at least to a 23114 15:24:47,916 --> 15:24:52,436 certain extent you just set it up once 23115 15:24:49,756 --> 15:24:53,880 and then they run for forever that's the 23116 15:24:52,436 --> 15:24:55,596 flows and automations the campaigns you 23117 15:24:53,880 --> 15:24:58,320 have to send yourself but flows and 23118 15:24:55,596 --> 15:25:01,080 automations bring in like 15 to 20% of 23119 15:24:58,320 --> 15:25:02,916 revenue for us generally and that's just 23120 15:25:01,080 --> 15:25:05,240 like pretty much all profit Minus cost 23121 15:25:02,916 --> 15:25:07,756 of goods so there since there's no add 23122 15:25:05,240 --> 15:25:09,596 cost on that so it's really cool that 23123 15:25:07,756 --> 15:25:11,680 you know it takes a lot of time but once 23124 15:25:09,596 --> 15:25:13,680 you do it you reap the benefits of it 23125 15:25:11,680 --> 15:25:15,756 for months and years to come an 23126 15:25:13,680 --> 15:25:19,160 important topic that I want to touch on 23127 15:25:15,756 --> 15:25:21,360 or concept to bring home is LTV which is 23128 15:25:19,160 --> 15:25:23,560 the lifetime value of our customers and 23129 15:25:21,360 --> 15:25:25,636 this is like everything that we're 23130 15:25:23,560 --> 15:25:28,756 building towards is all about the 23131 15:25:25,636 --> 15:25:31,040 lifetime value cuz we have customer on 23132 15:25:28,756 --> 15:25:32,756 our other stores that you know they buy 23133 15:25:31,040 --> 15:25:34,720 one time they have an amazing experience 23134 15:25:32,756 --> 15:25:36,320 and because of that then we follow them 23135 15:25:34,720 --> 15:25:39,080 an email they come back and buy from us 23136 15:25:36,320 --> 15:25:41,080 again and again and again and so then 23137 15:25:39,080 --> 15:25:43,200 the reason that's super valuable is that 23138 15:25:41,080 --> 15:25:45,276 we have the acquisition cost our ad cost 23139 15:25:43,200 --> 15:25:48,116 on the front end on the first purchase 23140 15:25:45,276 --> 15:25:50,796 but then this fifth sixth seventh eth 23141 15:25:48,116 --> 15:25:52,636 purchase are all just profit it's just 23142 15:25:50,796 --> 15:25:54,240 our cost of goods to fulfill it but 23143 15:25:52,636 --> 15:25:55,880 there's no acquisition cost for each of 23144 15:25:54,240 --> 15:25:57,916 those so it's a much better margin so 23145 15:25:55,880 --> 15:25:59,116 email enables us to increase our LTV 23146 15:25:57,916 --> 15:26:00,916 because we're building a relationship 23147 15:25:59,116 --> 15:26:03,276 with our customer and the point of our 23148 15:26:00,916 --> 15:26:05,160 emails is not just to sell it's to build 23149 15:26:03,276 --> 15:26:07,840 a relationship and you know email 23150 15:26:05,160 --> 15:26:10,080 strategies vary a lot based on different 23151 15:26:07,840 --> 15:26:11,480 brands that's why I recommend go through 23152 15:26:10,080 --> 15:26:13,680 the the mirror Board of all the 23153 15:26:11,480 --> 15:26:15,880 different print on demand websites that 23154 15:26:13,680 --> 15:26:18,276 we shared and sign up for each of their 23155 15:26:15,880 --> 15:26:20,436 emails uh like go through their site 23156 15:26:18,276 --> 15:26:21,880 sign up on their exit intent popup and 23157 15:26:20,436 --> 15:26:24,276 then even more than that see what their 23158 15:26:21,880 --> 15:26:26,116 abandoned cart emails look like and if 23159 15:26:24,276 --> 15:26:27,436 you want to go even further place a 23160 15:26:26,116 --> 15:26:28,880 purchase and see what their postp 23161 15:26:27,436 --> 15:26:30,560 purchase flows like like that's where 23162 15:26:28,880 --> 15:26:32,400 you can like really get interesting cuz 23163 15:26:30,560 --> 15:26:34,160 you can get access to literally 23164 15:26:32,400 --> 15:26:36,916 everything that this company these 23165 15:26:34,160 --> 15:26:38,756 companies are doing and reverse engineer 23166 15:26:36,916 --> 15:26:41,480 like okay this is what this flow looks 23167 15:26:38,756 --> 15:26:42,840 like but then you know uh Wicked close 23168 15:26:41,480 --> 15:26:44,200 is doing something different that's 23169 15:26:42,840 --> 15:26:46,116 interesting and you can learn from all 23170 15:26:44,200 --> 15:26:49,520 their flows just by signing up for their 23171 15:26:46,116 --> 15:26:52,276 list and looking like a customer and we 23172 15:26:49,520 --> 15:26:54,840 ran a test on uh two of the old Brands 23173 15:26:52,276 --> 15:26:56,796 one of which was yoga stay uh and on one 23174 15:26:54,840 --> 15:26:59,240 brand we did just a bunch of salesy 23175 15:26:56,796 --> 15:27:01,720 emails it was like discount 23176 15:26:59,240 --> 15:27:04,276 like every other day like uh buy one get 23177 15:27:01,720 --> 15:27:08,080 one free it was just sale sale sale and 23178 15:27:04,276 --> 15:27:10,040 that email list it did well for a while 23179 15:27:08,080 --> 15:27:12,560 like it was just all sales driven but 23180 15:27:10,040 --> 15:27:13,956 eventually it started to Peter off and 23181 15:27:12,560 --> 15:27:15,596 customers got tired of it our 23182 15:27:13,956 --> 15:27:17,320 deliverability dropped which we'll talk 23183 15:27:15,596 --> 15:27:19,160 about but overall the performance 23184 15:27:17,320 --> 15:27:21,880 started to dip whereas on the other 23185 15:27:19,160 --> 15:27:24,040 brand what we did yoga stay we did value 23186 15:27:21,880 --> 15:27:26,520 based emails so we were talking about 23187 15:27:24,040 --> 15:27:28,840 like what it means to be a yogi like 23188 15:27:26,520 --> 15:27:31,560 daily reminders to or not not daily but 23189 15:27:28,840 --> 15:27:33,916 like reminders to just breathe like this 23190 15:27:31,560 --> 15:27:36,080 two Shall Pass stuff like that and 23191 15:27:33,916 --> 15:27:38,276 people loved that stuff and a lot of 23192 15:27:36,080 --> 15:27:40,200 those emails it was just text based it 23193 15:27:38,276 --> 15:27:42,360 didn't even have like a link to buy or 23194 15:27:40,200 --> 15:27:44,360 like mention a product or discount or 23195 15:27:42,360 --> 15:27:46,796 anything and those emails would still 23196 15:27:44,360 --> 15:27:49,320 drive sales because people love them so 23197 15:27:46,796 --> 15:27:50,956 much so that's something that I have to 23198 15:27:49,320 --> 15:27:52,636 you know still remind myself is that 23199 15:27:50,956 --> 15:27:55,000 you're on the other end of those emails 23200 15:27:52,636 --> 15:27:56,756 you're sending is it's real people real 23201 15:27:55,000 --> 15:27:58,840 customers and if you think of yourself 23202 15:27:56,756 --> 15:28:01,080 and your own emails that you receive how 23203 15:27:58,840 --> 15:28:03,276 much fun is it to get just blasted with 23204 15:28:01,080 --> 15:28:05,436 sale sale sale maybe around Black Friday 23205 15:28:03,276 --> 15:28:06,840 in the holidays sure but throughout the 23206 15:28:05,436 --> 15:28:09,160 year you don't want to feel like you're 23207 15:28:06,840 --> 15:28:10,916 just getting you know rammed with sales 23208 15:28:09,160 --> 15:28:12,080 emails you want to feel like the brand 23209 15:28:10,916 --> 15:28:14,720 actually cares about you and they're 23210 15:28:12,080 --> 15:28:16,160 trying to provide like a Goodwill and 23211 15:28:14,720 --> 15:28:18,520 they're trying to bring value to their 23212 15:28:16,160 --> 15:28:21,436 list and build up Goodwill with you so 23213 15:28:18,520 --> 15:28:23,520 module FAQs so when it comes to emails 23214 15:28:21,436 --> 15:28:25,200 like I said it's set it up once and you 23215 15:28:23,520 --> 15:28:27,080 can pretty much forget it but the caveat 23216 15:28:25,200 --> 15:28:29,480 of that is that since it is such a big 23217 15:28:27,080 --> 15:28:31,436 time investment I don't invest the time 23218 15:28:29,480 --> 15:28:33,480 in building out all the flows and 23219 15:28:31,436 --> 15:28:35,116 automations until I know that it's a 23220 15:28:33,480 --> 15:28:37,756 brand that I'm going to stick with so 23221 15:28:35,116 --> 15:28:39,520 what I mean by that is that the like if 23222 15:28:37,756 --> 15:28:41,240 I have a brand that I'm testing and I'm 23223 15:28:39,520 --> 15:28:43,796 launching for the first time I'm going 23224 15:28:41,240 --> 15:28:45,400 to build like the basic automations like 23225 15:28:43,796 --> 15:28:46,956 mainly the stuff that Shopify already 23226 15:28:45,400 --> 15:28:49,436 does for you and then I'll do like some 23227 15:28:46,956 --> 15:28:51,880 welcome flow stuff but the I'm not going 23228 15:28:49,436 --> 15:28:53,636 to invest like the and it's not a ton of 23229 15:28:51,880 --> 15:28:55,320 time but like over a weekend you could 23230 15:28:53,636 --> 15:28:57,480 bang it up but it'll take like I don't 23231 15:28:55,320 --> 15:28:58,840 know 10 12 hours probably to set up all 23232 15:28:57,480 --> 15:29:01,200 of your flows 23233 15:28:58,840 --> 15:29:03,596 and if you haven't even gotten your ads 23234 15:29:01,200 --> 15:29:05,520 profitable yet or at least seen really 23235 15:29:03,596 --> 15:29:08,040 good signs you don't want to go and make 23236 15:29:05,520 --> 15:29:10,116 that huge investment in the time that it 23237 15:29:08,040 --> 15:29:12,080 takes to build out those flows just to 23238 15:29:10,116 --> 15:29:14,000 have to just to figure out that like 23239 15:29:12,080 --> 15:29:16,240 this Niche isn't going to work or you 23240 15:29:14,000 --> 15:29:18,400 have to Pivot so I normally wait until 23241 15:29:16,240 --> 15:29:20,520 after I've gotten a proven like a store 23242 15:29:18,400 --> 15:29:22,000 that's proven to work and then I double 23243 15:29:20,520 --> 15:29:23,840 down and invest in all the stuff that 23244 15:29:22,000 --> 15:29:25,636 Meg's going to be showing you uh so how 23245 15:29:23,840 --> 15:29:27,436 often should we be sending our email 23246 15:29:25,636 --> 15:29:30,080 campaigns two to three times per week 23247 15:29:27,436 --> 15:29:32,520 space it out by two or 3 days try to do 23248 15:29:30,080 --> 15:29:34,880 like two content or like value based 23249 15:29:32,520 --> 15:29:38,360 emails in whatever your Niche is and 23250 15:29:34,880 --> 15:29:40,240 then one sales email uh and then to 23251 15:29:38,360 --> 15:29:41,956 answer the question of what makes a good 23252 15:29:40,240 --> 15:29:43,680 email just do what I already said go 23253 15:29:41,956 --> 15:29:45,480 check out the mirror board get on the 23254 15:29:43,680 --> 15:29:47,596 list of all of the top sellers you're 23255 15:29:45,480 --> 15:29:49,276 going to learn a ton honestly everything 23256 15:29:47,596 --> 15:29:51,160 we're showing you in the email training 23257 15:29:49,276 --> 15:29:52,880 it's good to get to a baseline but 23258 15:29:51,160 --> 15:29:54,276 there's so much more that can be done 23259 15:29:52,880 --> 15:29:56,320 with it that we haven't even scratched 23260 15:29:54,276 --> 15:29:58,000 the surface on like a lot of brands that 23261 15:29:56,320 --> 15:30:01,040 like e-commerce Brands they're at like 23262 15:29:58,000 --> 15:30:04,916 30 40% of their revenue comes from email 23263 15:30:01,040 --> 15:30:06,796 and SMS us we're at 15 to 20% my focus 23264 15:30:04,916 --> 15:30:08,480 my specialty if you can call it that has 23265 15:30:06,796 --> 15:30:10,240 always just been on the the marketing 23266 15:30:08,480 --> 15:30:12,560 like the paid ad side so there's some 23267 15:30:10,240 --> 15:30:14,840 like email gurus out there that can 23268 15:30:12,560 --> 15:30:16,596 really help you you know ratchet things 23269 15:30:14,840 --> 15:30:18,596 up but just looking at the competition 23270 15:30:16,596 --> 15:30:20,000 is a great great place to get started so 23271 15:30:18,596 --> 15:30:21,560 and with that I'm excited for you guys 23272 15:30:20,000 --> 15:30:25,370 to go through this module I hope you 23273 15:30:21,560 --> 15:30:33,680 enjoy it and I'll see you soon 23274 15:30:25,370 --> 15:30:35,560 [Music] 23275 15:30:33,680 --> 15:30:37,916 in this module we're going to go over 23276 15:30:35,560 --> 15:30:40,200 how to connect your clavio account to 23277 15:30:37,916 --> 15:30:42,400 your Shopify store there are a few ways 23278 15:30:40,200 --> 15:30:44,276 that you can actually set up clavio 23279 15:30:42,400 --> 15:30:46,956 clavio is the email marketing company 23280 15:30:44,276 --> 15:30:49,276 that we prefer to use you can absolutely 23281 15:30:46,956 --> 15:30:51,320 use other companies like MailChimp drip 23282 15:30:49,276 --> 15:30:53,436 is another one typically though we've 23283 15:30:51,320 --> 15:30:56,756 had a great experience with clavio 23284 15:30:53,436 --> 15:30:59,276 overall and can't recommend them enough 23285 15:30:56,756 --> 15:31:01,560 so of the ways that we can actually 23286 15:30:59,276 --> 15:31:04,080 connect our Shopify store to clavio is 23287 15:31:01,560 --> 15:31:08,040 just by going to the App Store and 23288 15:31:04,080 --> 15:31:11,200 typing in clavio there it 23289 15:31:08,040 --> 15:31:13,756 is we can click 23290 15:31:11,200 --> 15:31:16,520 install install this is basically just 23291 15:31:13,756 --> 15:31:19,040 saying clavio needs to have access to 23292 15:31:16,520 --> 15:31:20,320 your customers contacts because if 23293 15:31:19,040 --> 15:31:22,240 they're signing up with their email 23294 15:31:20,320 --> 15:31:25,636 that's how clavio then gets their email 23295 15:31:22,240 --> 15:31:28,040 to send them information okay so once 23296 15:31:25,636 --> 15:31:30,520 all this information is connected you 23297 15:31:28,040 --> 15:31:32,400 can just click get started so this is a 23298 15:31:30,520 --> 15:31:34,916 great way of going about it by going 23299 15:31:32,400 --> 15:31:36,796 from Shopify to then clavio because it's 23300 15:31:34,916 --> 15:31:39,240 then already connected to your store 23301 15:31:36,796 --> 15:31:42,000 you're signing up with clavio and then 23302 15:31:39,240 --> 15:31:44,520 it'll move into clavio main page so 23303 15:31:42,000 --> 15:31:46,560 you'll already have the integration 23304 15:31:44,520 --> 15:31:49,956 already set up and behind you which 23305 15:31:46,560 --> 15:31:52,116 makes it really easy sync our data yes 23306 15:31:49,956 --> 15:31:54,480 we want to sync these settings if you 23307 15:31:52,116 --> 15:31:56,436 have a Shopify store already and for 23308 15:31:54,480 --> 15:31:57,840 some reason already have profiles maybe 23309 15:31:56,436 --> 15:31:59,400 you've been selling for a little bit but 23310 15:31:57,840 --> 15:32:01,320 you want to switch your email provider 23311 15:31:59,400 --> 15:32:03,116 profiles that already exist in Shopify 23312 15:32:01,320 --> 15:32:05,560 you can click this as well and it'll 23313 15:32:03,116 --> 15:32:07,116 connect those customers to your clavio 23314 15:32:05,560 --> 15:32:09,320 account I don't think we have any meta 23315 15:32:07,116 --> 15:32:11,796 fields we shouldn't so we're going to 23316 15:32:09,320 --> 15:32:14,000 click continue Yep this is our sender 23317 15:32:11,796 --> 15:32:15,956 information we can say that this is the 23318 15:32:14,000 --> 15:32:19,520 name that we want it sent from as well 23319 15:32:15,956 --> 15:32:21,000 as the default sender email address how 23320 15:32:19,520 --> 15:32:23,276 do you want to reach your subscribers 23321 15:32:21,000 --> 15:32:25,840 typically we have better luck with email 23322 15:32:23,276 --> 15:32:27,320 you can sign up for email and SMS for 23323 15:32:25,840 --> 15:32:29,240 the case of this learning we are just 23324 15:32:27,320 --> 15:32:31,916 going to sign up for emails only at this 23325 15:32:29,240 --> 15:32:34,240 point and then we will check our email 23326 15:32:31,916 --> 15:32:36,116 to activate our account okay so we 23327 15:32:34,240 --> 15:32:38,520 clicked on that email we activated our 23328 15:32:36,116 --> 15:32:40,956 account and now this is what we see 23329 15:32:38,520 --> 15:32:43,160 we'll go through this setup and get 23330 15:32:40,956 --> 15:32:43,160 things 23331 15:32:44,596 --> 15:32:52,080 rolling okay that's turned 23332 15:32:48,000 --> 15:32:53,200 on there we go so it is enabled return 23333 15:32:52,080 --> 15:32:56,720 to our 23334 15:32:53,200 --> 15:32:58,480 dashboard okay let's go back here set up 23335 15:32:56,720 --> 15:33:00,840 email subscriber list 23336 15:32:58,480 --> 15:33:02,880 list yeah we can just say for now we'll 23337 15:33:00,840 --> 15:33:05,240 just say 23338 15:33:02,880 --> 15:33:07,436 newsletter okay so the next thing that 23339 15:33:05,240 --> 15:33:09,400 clavia is going to ask you is how do you 23340 15:33:07,436 --> 15:33:11,276 want to set up your main email list 23341 15:33:09,400 --> 15:33:14,000 would you like to do a double optin or a 23342 15:33:11,276 --> 15:33:16,080 single optin so single optin means your 23343 15:33:14,000 --> 15:33:18,400 customer is just going to put in their 23344 15:33:16,080 --> 15:33:20,636 email address and they'll immediately 23345 15:33:18,400 --> 15:33:24,080 then be on your email list a double 23346 15:33:20,636 --> 15:33:26,880 optin means they sign up they have to go 23347 15:33:24,080 --> 15:33:28,680 to their email and basically confirm 23348 15:33:26,880 --> 15:33:31,520 that they would like like to receive 23349 15:33:28,680 --> 15:33:33,116 emails from you so again clavio is going 23350 15:33:31,520 --> 15:33:35,116 to recommend this because it prevents 23351 15:33:33,116 --> 15:33:37,560 Bots from signing up and people using 23352 15:33:35,116 --> 15:33:39,916 invalid email addresses and adds you 23353 15:33:37,560 --> 15:33:41,916 know improves your reputation and all 23354 15:33:39,916 --> 15:33:44,000 that we like the single optin because it 23355 15:33:41,916 --> 15:33:45,520 is just fewer steps and then people 23356 15:33:44,000 --> 15:33:47,436 don't get annoyed that they're then 23357 15:33:45,520 --> 15:33:49,240 having to click submit and then getting 23358 15:33:47,436 --> 15:33:51,040 another email to get the discount it 23359 15:33:49,240 --> 15:33:53,720 just can sometimes feel like it's too 23360 15:33:51,040 --> 15:33:55,840 much so we just do a single optin we've 23361 15:33:53,720 --> 15:33:58,520 never had an issue with Bots putting in 23362 15:33:55,840 --> 15:34:01,116 emails on our site I don't think we've 23363 15:33:58,520 --> 15:34:03,560 even had invalid email addresses either 23364 15:34:01,116 --> 15:34:06,080 if they do like bounce or people don't 23365 15:34:03,560 --> 15:34:08,596 get them like we filter those out 23366 15:34:06,080 --> 15:34:10,596 already so again this is completely up 23367 15:34:08,596 --> 15:34:13,116 to you what we do and what has worked 23368 15:34:10,596 --> 15:34:15,796 for us has been the single optin click 23369 15:34:13,116 --> 15:34:18,916 next Okay so we've set up our main email 23370 15:34:15,796 --> 15:34:21,680 list let's get subscribers so you can 23371 15:34:18,916 --> 15:34:23,756 actually import your contacts to your 23372 15:34:21,680 --> 15:34:25,756 list we don't have any contacts because 23373 15:34:23,756 --> 15:34:28,360 this is the brand new store for us we 23374 15:34:25,756 --> 15:34:30,756 can also take this time to to create a 23375 15:34:28,360 --> 15:34:33,116 sign up form so this is a great time for 23376 15:34:30,756 --> 15:34:35,160 you to set up a form for people who come 23377 15:34:33,116 --> 15:34:37,596 to your website the popup screen comes 23378 15:34:35,160 --> 15:34:39,116 on after you know maybe a few seconds or 23379 15:34:37,596 --> 15:34:42,000 after they've clicked on a product and 23380 15:34:39,116 --> 15:34:44,480 says hey would you like 15% off for 23381 15:34:42,000 --> 15:34:46,560 joining our mailing list person can say 23382 15:34:44,480 --> 15:34:49,240 yes or they can say no but this is where 23383 15:34:46,560 --> 15:34:51,240 you would create that popup form so 23384 15:34:49,240 --> 15:34:53,080 we'll skip this for now because you can 23385 15:34:51,240 --> 15:34:55,636 do that later it doesn't have to be 23386 15:34:53,080 --> 15:34:58,040 right now again no contacts to import 23387 15:34:55,636 --> 15:35:00,680 build our library confirm our logo brand 23388 15:34:58,040 --> 15:35:03,040 colors creative assets yeah know we can 23389 15:35:00,680 --> 15:35:05,116 skip for now as well and then invite our 23390 15:35:03,040 --> 15:35:06,636 team if you have other members of your 23391 15:35:05,116 --> 15:35:08,956 team that you're working with you can 23392 15:35:06,636 --> 15:35:11,636 invite them to your account so that they 23393 15:35:08,956 --> 15:35:13,520 can work on the email account as well or 23394 15:35:11,636 --> 15:35:15,360 you can just hand out this email account 23395 15:35:13,520 --> 15:35:18,636 with the password to whoever is working 23396 15:35:15,360 --> 15:35:21,360 on it if you trust them completely so we 23397 15:35:18,636 --> 15:35:23,680 can skip this for now again don't want 23398 15:35:21,360 --> 15:35:26,360 to pop up now as you can see this is 23399 15:35:23,680 --> 15:35:29,080 going to trigger you to create a welcome 23400 15:35:26,360 --> 15:35:31,320 flow we're going to get into What flows 23401 15:35:29,080 --> 15:35:34,480 campaigns are and really diving deep 23402 15:35:31,320 --> 15:35:38,796 into clavio and what they offer really 23403 15:35:34,480 --> 15:35:40,840 how we can use email as a great strategy 23404 15:35:38,796 --> 15:35:43,160 to get customers back to the site and 23405 15:35:40,840 --> 15:35:45,636 again just helping to increase Revenue 23406 15:35:43,160 --> 15:35:47,796 overall but this is how we would go with 23407 15:35:45,636 --> 15:35:50,360 setting up clavio and connecting it to 23408 15:35:47,796 --> 15:35:53,240 your Shopify store again if you go from 23409 15:35:50,360 --> 15:35:55,320 Shopify download the app it just is such 23410 15:35:53,240 --> 15:35:56,796 an easy way to integrate all of it 23411 15:35:55,320 --> 15:35:59,320 together like you don't have to go and 23412 15:35:56,796 --> 15:36:01,116 backtrack or like Google how to connect 23413 15:35:59,320 --> 15:36:03,880 it it's just an easy way to connect 23414 15:36:01,116 --> 15:36:05,956 things nice trick of the trade after 23415 15:36:03,880 --> 15:36:08,250 learning it the hard way multiple times 23416 15:36:05,956 --> 15:36:18,320 take it for me do it the easy 23417 15:36:08,250 --> 15:36:20,680 [Music] 23418 15:36:18,320 --> 15:36:24,200 way in this module we're going to be 23419 15:36:20,680 --> 15:36:27,680 going over the difference between lists 23420 15:36:24,200 --> 15:36:30,040 and segments on clavio for your email 23421 15:36:27,680 --> 15:36:32,000 marketing so if you look at the Le hand 23422 15:36:30,040 --> 15:36:33,480 side we have a few different options to 23423 15:36:32,000 --> 15:36:36,200 choose from we're going to go down to 23424 15:36:33,480 --> 15:36:38,240 audience we can click that down arrow 23425 15:36:36,200 --> 15:36:41,040 you'll see they have lists and segments 23426 15:36:38,240 --> 15:36:43,680 as well as profiles so first let's go 23427 15:36:41,040 --> 15:36:46,520 over profiles that's where all of your 23428 15:36:43,680 --> 15:36:48,636 customers are going to the database of 23429 15:36:46,520 --> 15:36:50,756 customers pretty much so if I were to 23430 15:36:48,636 --> 15:36:52,436 check out on our website and I signed up 23431 15:36:50,756 --> 15:36:55,276 for email marketing all of my 23432 15:36:52,436 --> 15:36:57,756 information that I gave to Shopify would 23433 15:36:55,276 --> 15:37:00,436 then show up here with my email email 23434 15:36:57,756 --> 15:37:02,596 address or I guess my profile name our 23435 15:37:00,436 --> 15:37:06,320 email address a phone number if we gave 23436 15:37:02,596 --> 15:37:08,000 it when we joined Etc so this is where 23437 15:37:06,320 --> 15:37:11,240 you will be able to see all of the 23438 15:37:08,000 --> 15:37:13,560 people on your email list now we can 23439 15:37:11,240 --> 15:37:15,276 look into what we call lists and 23440 15:37:13,560 --> 15:37:18,240 segments lists and segments are 23441 15:37:15,276 --> 15:37:20,756 basically just a way for us to organize 23442 15:37:18,240 --> 15:37:22,200 our customer list because the last thing 23443 15:37:20,756 --> 15:37:24,796 that we want is to just be sending 23444 15:37:22,200 --> 15:37:27,636 emails out to people who aren't engaged 23445 15:37:24,796 --> 15:37:29,520 don't really interact with our company 23446 15:37:27,636 --> 15:37:31,276 don't open our emails you know we don't 23447 15:37:29,520 --> 15:37:33,040 want to just be sending emails out to 23448 15:37:31,276 --> 15:37:35,840 everybody for it to just go straight to 23449 15:37:33,040 --> 15:37:39,480 the trash so it's really smart to make 23450 15:37:35,840 --> 15:37:42,276 lists or segment your customers into 23451 15:37:39,480 --> 15:37:44,720 categories that fit for them so as you 23452 15:37:42,276 --> 15:37:47,080 can see we can click create new so we 23453 15:37:44,720 --> 15:37:50,720 can create a list this list would maybe 23454 15:37:47,080 --> 15:37:52,400 be like you could take a poll and have a 23455 15:37:50,720 --> 15:37:54,276 list of people who want to receive 23456 15:37:52,400 --> 15:37:55,956 certain emails that's a way of making a 23457 15:37:54,276 --> 15:37:58,880 list that would literally be putting 23458 15:37:55,956 --> 15:38:01,916 individual names or individual emails in 23459 15:37:58,880 --> 15:38:03,880 a list and only emailing that list a 23460 15:38:01,916 --> 15:38:06,560 segment is a little bit different it 23461 15:38:03,880 --> 15:38:09,956 uses actions that your customers have 23462 15:38:06,560 --> 15:38:13,276 already done and then is able to place 23463 15:38:09,956 --> 15:38:16,040 them into different areas based off of 23464 15:38:13,276 --> 15:38:19,400 those actions so we like to create 23465 15:38:16,040 --> 15:38:21,276 segments we can name a segment 23466 15:38:19,400 --> 15:38:25,200 engaged 23467 15:38:21,276 --> 15:38:27,160 45 and then we can basically give this 23468 15:38:25,200 --> 15:38:30,116 segment the actions that we would like 23469 15:38:27,160 --> 15:38:32,756 in to sift through our database of 23470 15:38:30,116 --> 15:38:35,520 profiles and find the right customers so 23471 15:38:32,756 --> 15:38:39,160 what somebody or someone hasn't done so 23472 15:38:35,520 --> 15:38:46,160 we can say they have clicked an email at 23473 15:38:39,160 --> 15:38:46,160 least once in the last 45 days and they 23474 15:38:49,400 --> 15:38:54,560 have we can say that they were active on 23475 15:38:52,276 --> 15:38:56,956 site or even viewed a product you can 23476 15:38:54,560 --> 15:38:59,636 say active on site at least once in the 23477 15:38:56,956 --> 15:39:02,680 last 45 23478 15:38:59,636 --> 15:39:05,840 days and so you can basically just keep 23479 15:39:02,680 --> 15:39:08,436 going and keep feeding these segments 23480 15:39:05,840 --> 15:39:11,040 very specific actions and this way we're 23481 15:39:08,436 --> 15:39:13,400 going to tailor the right people to be 23482 15:39:11,040 --> 15:39:15,680 sending emails to and it can kind of 23483 15:39:13,400 --> 15:39:19,116 look a little messy I'll show you when 23484 15:39:15,680 --> 15:39:21,000 we send a practice campaign email really 23485 15:39:19,116 --> 15:39:24,116 all the people that we're targeting and 23486 15:39:21,000 --> 15:39:25,840 want to send emails again we don't want 23487 15:39:24,116 --> 15:39:27,596 to be just sending emails out to 23488 15:39:25,840 --> 15:39:29,080 everybody for them to go to spam or for 23489 15:39:27,596 --> 15:39:31,160 people to not click on them or for them 23490 15:39:29,080 --> 15:39:32,596 to just be tossed to the side that's the 23491 15:39:31,160 --> 15:39:34,796 last thing that we want we want people 23492 15:39:32,596 --> 15:39:38,116 who are very engaged with our brand who 23493 15:39:34,796 --> 15:39:40,160 are repeat buyers who open our emails 23494 15:39:38,116 --> 15:39:42,240 engage with us those are the kind of 23495 15:39:40,160 --> 15:39:45,230 customers that we really want to be 23496 15:39:42,240 --> 15:39:55,276 targeting and addressing our emails 23497 15:39:45,230 --> 15:39:58,400 [Music] 23498 15:39:55,276 --> 15:40:01,080 too flows are an extremely important 23499 15:39:58,400 --> 15:40:04,040 part especially for building a brand it 23500 15:40:01,080 --> 15:40:06,880 helps to build customer trust as well as 23501 15:40:04,040 --> 15:40:08,956 build a really great asset to continue 23502 15:40:06,880 --> 15:40:11,116 to generate Revenue without you really 23503 15:40:08,956 --> 15:40:13,320 having to think about it which is great 23504 15:40:11,116 --> 15:40:15,240 who doesn't want that so in this module 23505 15:40:13,320 --> 15:40:17,880 we're going to be talking about What 23506 15:40:15,240 --> 15:40:20,520 flows are as well as the 10 different 23507 15:40:17,880 --> 15:40:23,160 types of flows that Chris and I set up 23508 15:40:20,520 --> 15:40:25,320 for our brands that are just constantly 23509 15:40:23,160 --> 15:40:26,956 running in the background now there 23510 15:40:25,320 --> 15:40:29,400 isn't a lot that we're going to really 23511 15:40:26,956 --> 15:40:31,596 do it's just going to be more explaining 23512 15:40:29,400 --> 15:40:33,956 what these flows are and I'll later show 23513 15:40:31,596 --> 15:40:36,560 you how you can set up one of these 23514 15:40:33,956 --> 15:40:38,520 flows somewhere around this video I have 23515 15:40:36,560 --> 15:40:40,840 linked all of our different flow 23516 15:40:38,520 --> 15:40:43,436 triggers all of the different flows that 23517 15:40:40,840 --> 15:40:46,116 we use in set up as well as the text 23518 15:40:43,436 --> 15:40:48,436 that we include in these flows so that 23519 15:40:46,116 --> 15:40:51,436 you can take a look and tailor these to 23520 15:40:48,436 --> 15:40:53,880 your own brand it's pretty much as 23521 15:40:51,436 --> 15:40:57,000 straightforward as building 10 different 23522 15:40:53,880 --> 15:40:59,240 email flows can go let's get into it if 23523 15:40:57,000 --> 15:41:01,040 you go to clavio again we aren't really 23524 15:40:59,240 --> 15:41:03,880 doing too much at this point but if you 23525 15:41:01,040 --> 15:41:06,116 go to clavio you'll see on the left hand 23526 15:41:03,880 --> 15:41:08,720 side that there is this flows button you 23527 15:41:06,116 --> 15:41:11,520 can click that and here this is where we 23528 15:41:08,720 --> 15:41:13,520 can create those flows now flows are 23529 15:41:11,520 --> 15:41:15,560 great because as I said before they are 23530 15:41:13,520 --> 15:41:17,916 constantly running in the background you 23531 15:41:15,560 --> 15:41:20,596 can set up what we call triggers which 23532 15:41:17,916 --> 15:41:22,720 are similar to customer segments like we 23533 15:41:20,596 --> 15:41:25,680 talked about before so these triggers 23534 15:41:22,720 --> 15:41:28,680 will basically segment your customers 23535 15:41:25,680 --> 15:41:32,240 into deciding what emails they will or 23536 15:41:28,680 --> 15:41:34,956 won't receive for example you have a 23537 15:41:32,240 --> 15:41:37,436 abandoned cart flow this goes to your 23538 15:41:34,956 --> 15:41:39,956 customer who has signed up for emails 23539 15:41:37,436 --> 15:41:41,880 but for some reason they did not check 23540 15:41:39,956 --> 15:41:43,796 out that customer is going to be put 23541 15:41:41,880 --> 15:41:46,276 into that abandoned cart flow and 23542 15:41:43,796 --> 15:41:48,720 they're going to get emails that say hey 23543 15:41:46,276 --> 15:41:51,636 why didn't you check out and if it's 23544 15:41:48,720 --> 15:41:53,916 been some time hey here's a 10% discount 23545 15:41:51,636 --> 15:41:56,040 want to check out your cart now so it 23546 15:41:53,916 --> 15:41:58,240 segments those customers based off of 23547 15:41:56,040 --> 15:41:59,840 the behaviors that they've taken on your 23548 15:41:58,240 --> 15:42:01,276 site these flows are great because 23549 15:41:59,840 --> 15:42:03,200 they're constantly working in the 23550 15:42:01,276 --> 15:42:05,240 background doing all the hard work for 23551 15:42:03,200 --> 15:42:07,360 you you basically just have to take the 23552 15:42:05,240 --> 15:42:09,276 time to initially set up these flows let 23553 15:42:07,360 --> 15:42:11,756 them run for a little bit and then look 23554 15:42:09,276 --> 15:42:14,436 at your analytics and see which emails 23555 15:42:11,756 --> 15:42:17,116 are performing the best how can we then 23556 15:42:14,436 --> 15:42:19,200 take those best performing emails and 23557 15:42:17,116 --> 15:42:21,636 tailor them for all the different flows 23558 15:42:19,200 --> 15:42:23,840 that we are going to set up so let's get 23559 15:42:21,636 --> 15:42:26,040 into the 10 different flows that Chris 23560 15:42:23,840 --> 15:42:27,796 and I actually set up for Our Brands the 23561 15:42:26,040 --> 15:42:30,360 first flow is going to be our welcome 23562 15:42:27,796 --> 15:42:32,276 flow a welcome flow is basically for a 23563 15:42:30,360 --> 15:42:34,520 customer who has signed up for email 23564 15:42:32,276 --> 15:42:37,276 marketing and hasn't done anything else 23565 15:42:34,520 --> 15:42:39,160 so they haven't added anything to a cart 23566 15:42:37,276 --> 15:42:41,560 they haven't made a purchase before it's 23567 15:42:39,160 --> 15:42:44,000 basically just introducing them to our 23568 15:42:41,560 --> 15:42:47,116 brand and providing them with that nice 23569 15:42:44,000 --> 15:42:49,400 welcome 15% off discount code this is to 23570 15:42:47,116 --> 15:42:51,680 hopefully sell somebody to eventually 23571 15:42:49,400 --> 15:42:53,480 check out on our site that's the whole 23572 15:42:51,680 --> 15:42:55,240 purpose of a welcome flow you can have 23573 15:42:53,480 --> 15:42:56,680 other emails in there as well that are 23574 15:42:55,240 --> 15:42:58,360 talking about your brand and your 23575 15:42:56,680 --> 15:43:00,636 mission and the things that you want to 23576 15:42:58,360 --> 15:43:02,000 do as a company but for the most part 23577 15:43:00,636 --> 15:43:03,796 you're really just trying to get 23578 15:43:02,000 --> 15:43:05,880 somebody to convert and make that 23579 15:43:03,796 --> 15:43:07,560 initial purchase the second flow that 23580 15:43:05,880 --> 15:43:09,560 we're going to talk about is a post-p 23581 15:43:07,560 --> 15:43:11,916 purchase flow so this goes out to the 23582 15:43:09,560 --> 15:43:14,636 customer who has already made a purchase 23583 15:43:11,916 --> 15:43:16,276 so they have purchased their first order 23584 15:43:14,636 --> 15:43:18,840 and your emails are basically going to 23585 15:43:16,276 --> 15:43:20,720 be hyping them up saying like we are so 23586 15:43:18,840 --> 15:43:22,360 excited for you to get this design 23587 15:43:20,720 --> 15:43:23,880 you're going to look great in it all of 23588 15:43:22,360 --> 15:43:26,000 your friends are going to ask where did 23589 15:43:23,880 --> 15:43:28,080 you get this design we absolutely love 23590 15:43:26,000 --> 15:43:30,276 it it's so unique you cannot find it 23591 15:43:28,080 --> 15:43:32,200 anywhere else on the internet and it's 23592 15:43:30,276 --> 15:43:34,240 really just hyping up and building up 23593 15:43:32,200 --> 15:43:36,276 that customer's confidence and really 23594 15:43:34,240 --> 15:43:38,080 looking forward to receiving that 23595 15:43:36,276 --> 15:43:40,596 package it's giving you can give some 23596 15:43:38,080 --> 15:43:42,400 updates as to what's going on what the 23597 15:43:40,596 --> 15:43:44,916 process looks like after you've made 23598 15:43:42,400 --> 15:43:47,276 your purchase hey it's going to go to 23599 15:43:44,916 --> 15:43:48,720 production usually takes a day or two 23600 15:43:47,276 --> 15:43:50,680 kind of like setting up their 23601 15:43:48,720 --> 15:43:52,520 expectations the last thing that we want 23602 15:43:50,680 --> 15:43:54,160 to do is say like hey you'll receive 23603 15:43:52,520 --> 15:43:55,840 this shirt in 2 days and then the 23604 15:43:54,160 --> 15:43:57,520 customer's like where's this shirt it's 23605 15:43:55,840 --> 15:43:59,560 been a week but you can kind of explain 23606 15:43:57,520 --> 15:44:02,200 that process and also explain like hey 23607 15:43:59,560 --> 15:44:03,956 if you have any issue with your product 23608 15:44:02,200 --> 15:44:06,436 please don't hesitate to reach out we 23609 15:44:03,956 --> 15:44:08,720 are here to help you and by basically 23610 15:44:06,436 --> 15:44:10,436 saying that you're just backing your 23611 15:44:08,720 --> 15:44:12,596 product which a lot of people like and 23612 15:44:10,436 --> 15:44:14,276 then will also build trust towards you 23613 15:44:12,596 --> 15:44:16,240 and your brand the third flow that we're 23614 15:44:14,276 --> 15:44:18,240 going to talk about is abandoned cart 23615 15:44:16,240 --> 15:44:20,320 emails these are going to be customers 23616 15:44:18,240 --> 15:44:22,756 who have started a cart but never 23617 15:44:20,320 --> 15:44:24,956 checked out so it's kind of reminding 23618 15:44:22,756 --> 15:44:26,720 them like hey you added this to your 23619 15:44:24,956 --> 15:44:28,596 cart are you sure you want to leave it 23620 15:44:26,720 --> 15:44:31,000 here like we're going to save it for you 23621 15:44:28,596 --> 15:44:32,720 for 48 hours kind of giving them that 23622 15:44:31,000 --> 15:44:34,796 urgency and if they still haven't 23623 15:44:32,720 --> 15:44:37,596 checked out close to 48 hours you can 23624 15:44:34,796 --> 15:44:39,840 send another email basically saying hey 23625 15:44:37,596 --> 15:44:42,040 come check out we'll give you this 10% 23626 15:44:39,840 --> 15:44:43,916 discount to complete this purchase and 23627 15:44:42,040 --> 15:44:46,320 hopefully it just gives that customer 23628 15:44:43,916 --> 15:44:49,040 enough of a nudge to actually complete 23629 15:44:46,320 --> 15:44:51,636 the checkout the fourth flow that we set 23630 15:44:49,040 --> 15:44:53,720 up is called an abandoned browse so this 23631 15:44:51,636 --> 15:44:55,276 is a customer who they've already signed 23632 15:44:53,720 --> 15:44:57,520 up for marketing otherwise they wouldn't 23633 15:44:55,276 --> 15:44:59,680 be receiving these emails but but they 23634 15:44:57,520 --> 15:45:01,916 were browsing your site they didn't add 23635 15:44:59,680 --> 15:45:05,080 to the cart they just came to your site 23636 15:45:01,916 --> 15:45:08,276 took a peek and then left so it's kind 23637 15:45:05,080 --> 15:45:10,200 of similar to the abandoned cart emails 23638 15:45:08,276 --> 15:45:12,080 but instead of saying like you left this 23639 15:45:10,200 --> 15:45:14,956 behind it's just kind of like hey we saw 23640 15:45:12,080 --> 15:45:16,916 that you were looking at our designs and 23641 15:45:14,956 --> 15:45:19,796 maybe theyve purchased before you can 23642 15:45:16,916 --> 15:45:21,720 send them a shirt that seemed similar to 23643 15:45:19,796 --> 15:45:23,636 one that they had bought in the past or 23644 15:45:21,720 --> 15:45:25,636 just saying like hey we missed you on 23645 15:45:23,636 --> 15:45:27,436 the site whatever it may be but again 23646 15:45:25,636 --> 15:45:30,400 this is a great way to get get somebody 23647 15:45:27,436 --> 15:45:32,796 who was just there browsing to maybe 23648 15:45:30,400 --> 15:45:35,276 actually completing the purchase or even 23649 15:45:32,796 --> 15:45:37,560 just adding to the cart the fifth flow 23650 15:45:35,276 --> 15:45:39,720 that we can talk about is called a cross 23651 15:45:37,560 --> 15:45:42,160 sell flow so this can go out to people 23652 15:45:39,720 --> 15:45:44,756 who have already made a purchase and 23653 15:45:42,160 --> 15:45:46,436 sometimes you can upsell or you can 23654 15:45:44,756 --> 15:45:48,840 actually try to sell them another 23655 15:45:46,436 --> 15:45:50,480 product so you can sometimes say like 23656 15:45:48,840 --> 15:45:52,116 hey thanks for your purchase we're 23657 15:45:50,480 --> 15:45:54,680 really excited for you to get this did 23658 15:45:52,116 --> 15:45:56,400 you also see this shirt that looks very 23659 15:45:54,680 --> 15:45:59,596 similar to the one that you purchased or 23660 15:45:56,400 --> 15:46:01,880 like is a similar humor type of Niche 23661 15:45:59,596 --> 15:46:03,840 shirt that they've already purchased you 23662 15:46:01,880 --> 15:46:06,956 can say like you can add it in your cart 23663 15:46:03,840 --> 15:46:09,520 and we'll give you 10% off or we can add 23664 15:46:06,956 --> 15:46:12,040 this to your order for this upsell or 23665 15:46:09,520 --> 15:46:14,840 you can do the cross sell which is hey 23666 15:46:12,040 --> 15:46:17,160 we saw that you purchased this t-shirt 23667 15:46:14,840 --> 15:46:19,320 we actually offer that as a hoodie as 23668 15:46:17,160 --> 15:46:21,436 well or we're going into summer would 23669 15:46:19,320 --> 15:46:23,436 you like to purchase this as a tank as 23670 15:46:21,436 --> 15:46:26,080 well and give them a little discount to 23671 15:46:23,436 --> 15:46:27,756 maybe bump up that order and add another 23672 15:46:26,080 --> 15:46:29,436 item to it it can be a little tricky 23673 15:46:27,756 --> 15:46:32,000 with print on demand trying to do a 23674 15:46:29,436 --> 15:46:34,400 cross sell like that but if it's early 23675 15:46:32,000 --> 15:46:37,400 enough you can absolutely change and 23676 15:46:34,400 --> 15:46:39,480 edit that order typically up to 24 hours 23677 15:46:37,400 --> 15:46:41,360 so it's a great way to bump up that 23678 15:46:39,480 --> 15:46:43,596 average order value of people and just 23679 15:46:41,360 --> 15:46:46,080 kind of getting them to maybe purchase 23680 15:46:43,596 --> 15:46:48,916 two items instead of just purchasing one 23681 15:46:46,080 --> 15:46:50,880 t-shirt or one hoodie one crew neck so 23682 15:46:48,916 --> 15:46:52,276 it's just like a great way to show 23683 15:46:50,880 --> 15:46:54,480 people the other things that your site 23684 15:46:52,276 --> 15:46:56,916 has to offer another flow that we like 23685 15:46:54,480 --> 15:46:59,680 to set up is called a winback flow so 23686 15:46:56,916 --> 15:47:02,400 this is a customer who probably hasn't 23687 15:46:59,680 --> 15:47:04,880 interacted much with your store let's 23688 15:47:02,400 --> 15:47:06,916 say it's maybe been 2 months so about 60 23689 15:47:04,880 --> 15:47:09,400 days they have not really opened an 23690 15:47:06,916 --> 15:47:11,636 email they haven't clicked on an email 23691 15:47:09,400 --> 15:47:13,480 they haven't made a purchase in 60 days 23692 15:47:11,636 --> 15:47:15,400 it's kind of been a while so this is an 23693 15:47:13,480 --> 15:47:17,520 email where you can kind of remind 23694 15:47:15,400 --> 15:47:19,360 people like hey remember us we're a 23695 15:47:17,520 --> 15:47:21,596 brand that exists why don't you come and 23696 15:47:19,360 --> 15:47:24,320 check this out like we added all of 23697 15:47:21,596 --> 15:47:26,520 these new products or we have over a 23698 15:47:24,320 --> 15:47:29,116 hundred new designs come and check these 23699 15:47:26,520 --> 15:47:31,360 out out before you know it's too late 23700 15:47:29,116 --> 15:47:33,680 this can kind of get a customer who 23701 15:47:31,360 --> 15:47:35,560 hasn't been in a buying mood into a 23702 15:47:33,680 --> 15:47:37,840 buying mood because they're not really 23703 15:47:35,560 --> 15:47:39,596 fitting into any of these flows that are 23704 15:47:37,840 --> 15:47:41,880 running in the background so unless 23705 15:47:39,596 --> 15:47:43,680 you're sending a lot of campaign emails 23706 15:47:41,880 --> 15:47:46,320 and they're not interacting with those 23707 15:47:43,680 --> 15:47:48,840 this can be a trigger to get people back 23708 15:47:46,320 --> 15:47:51,240 onto the site back into those flows so 23709 15:47:48,840 --> 15:47:53,160 they can continue receiving our emails 23710 15:47:51,240 --> 15:47:55,240 and kind of getting that little nudge to 23711 15:47:53,160 --> 15:47:58,000 come back and purchase another flow that 23712 15:47:55,240 --> 15:47:59,880 is very similar to back flow is called a 23713 15:47:58,000 --> 15:48:02,080 sunset flow the last thing that we want 23714 15:47:59,880 --> 15:48:04,160 to be doing as email marketers is 23715 15:48:02,080 --> 15:48:06,116 bugging people to a point where they 23716 15:48:04,160 --> 15:48:07,680 aren't interacting at all so if a 23717 15:48:06,116 --> 15:48:08,916 customer maybe just only made one 23718 15:48:07,680 --> 15:48:10,796 purchase and then they've never 23719 15:48:08,916 --> 15:48:13,200 communicated with us again they've never 23720 15:48:10,796 --> 15:48:15,596 clicked an email maybe they put us in a 23721 15:48:13,200 --> 15:48:17,720 separate mailbox where they don't ever 23722 15:48:15,596 --> 15:48:20,000 look at those emails we want to put them 23723 15:48:17,720 --> 15:48:21,680 in a sunset flow see if they click on 23724 15:48:20,000 --> 15:48:23,756 one of those emails so that they can 23725 15:48:21,680 --> 15:48:25,400 continue receiving our emails but if 23726 15:48:23,756 --> 15:48:27,000 they're not going to do that we don't 23727 15:48:25,400 --> 15:48:28,916 want to continue marketing to that 23728 15:48:27,000 --> 15:48:31,320 person so we'll kind of put them in a 23729 15:48:28,916 --> 15:48:33,320 little like what we call like a sunset 23730 15:48:31,320 --> 15:48:35,480 folder which basically is saying like 23731 15:48:33,320 --> 15:48:37,400 hey this person maybe made a purchase 23732 15:48:35,480 --> 15:48:39,200 before or they've interacted with us at 23733 15:48:37,400 --> 15:48:40,720 some point in time they're not 23734 15:48:39,200 --> 15:48:42,480 interested they don't want to 23735 15:48:40,720 --> 15:48:44,720 unsubscribe but they're not interested 23736 15:48:42,480 --> 15:48:46,720 really in interacting and engaging with 23737 15:48:44,720 --> 15:48:48,080 our brand and our emails so we're just 23738 15:48:46,720 --> 15:48:49,796 going to put them in this little folder 23739 15:48:48,080 --> 15:48:51,560 over here we can still mark it to them 23740 15:48:49,796 --> 15:48:53,596 if they want because they never 23741 15:48:51,560 --> 15:48:55,560 unsubscribed but we're sending our 23742 15:48:53,596 --> 15:48:58,000 emails to the people who are going to 23743 15:48:55,560 --> 15:48:59,636 engage more and are more likely to make 23744 15:48:58,000 --> 15:49:01,680 purchases that's the person that you 23745 15:48:59,636 --> 15:49:04,080 want to continue marketing to not the 23746 15:49:01,680 --> 15:49:06,040 person who has said I'm kind of done 23747 15:49:04,080 --> 15:49:08,160 with this I'm not going to unsubscribe 23748 15:49:06,040 --> 15:49:10,160 but I'm not interacting with this really 23749 15:49:08,160 --> 15:49:12,400 at all those are the type of people that 23750 15:49:10,160 --> 15:49:15,360 you don't really want clogging up your 23751 15:49:12,400 --> 15:49:17,480 flows as well as your deliverability 23752 15:49:15,360 --> 15:49:20,360 another email flow that you can set up 23753 15:49:17,480 --> 15:49:22,200 is a ugc flow or a user generated 23754 15:49:20,360 --> 15:49:24,116 content flow this is an email that you 23755 15:49:22,200 --> 15:49:25,956 can send to customers after they've made 23756 15:49:24,116 --> 15:49:28,000 a purchase and you know that they've 23757 15:49:25,956 --> 15:49:30,596 received that purchase so it could be 23758 15:49:28,000 --> 15:49:32,560 maybe 14 days after they've ordered they 23759 15:49:30,596 --> 15:49:34,436 should have already received that order 23760 15:49:32,560 --> 15:49:36,680 unless something has gone terribly wrong 23761 15:49:34,436 --> 15:49:38,680 or it's an international order being 23762 15:49:36,680 --> 15:49:40,200 shipped from the United States you can 23763 15:49:38,680 --> 15:49:43,160 reach out to that customer and say like 23764 15:49:40,200 --> 15:49:45,000 hey we would love to get a picture of 23765 15:49:43,160 --> 15:49:46,636 you and your shirt or if you would like 23766 15:49:45,000 --> 15:49:49,000 to take a video of your shirt we would 23767 15:49:46,636 --> 15:49:51,796 absolutely love that or you can post it 23768 15:49:49,000 --> 15:49:54,000 to our Facebook group and show people 23769 15:49:51,796 --> 15:49:56,040 the funny shirt whatever it may be 23770 15:49:54,000 --> 15:49:57,636 asking people for that user generated 23771 15:49:56,040 --> 15:49:59,636 content because because then you can use 23772 15:49:57,636 --> 15:50:01,720 that image to just help promote your 23773 15:49:59,636 --> 15:50:04,756 brand even more when you say hey we've 23774 15:50:01,720 --> 15:50:08,480 had over 5,000 happy customers or we 23775 15:50:04,756 --> 15:50:10,596 have over 500 fstar reviews and you can 23776 15:50:08,480 --> 15:50:12,200 show a picture of somebody who actually 23777 15:50:10,596 --> 15:50:14,720 is wearing your product that's 23778 15:50:12,200 --> 15:50:16,480 absolutely huge and just helps build 23779 15:50:14,720 --> 15:50:18,200 trust from people who have never 23780 15:50:16,480 --> 15:50:19,880 purchased from you before we'll talk 23781 15:50:18,200 --> 15:50:22,116 about reviews at a different point in 23782 15:50:19,880 --> 15:50:24,360 time but collecting reviews as well as 23783 15:50:22,116 --> 15:50:27,436 collecting user generated content is 23784 15:50:24,360 --> 15:50:30,436 absolutely huge and gold for building a 23785 15:50:27,436 --> 15:50:33,520 brand finally the last flow that we can 23786 15:50:30,436 --> 15:50:35,360 set up is actually a birthday flow so at 23787 15:50:33,520 --> 15:50:37,040 some point I think it's typically in our 23788 15:50:35,360 --> 15:50:39,040 postp purchase it's either in the postp 23789 15:50:37,040 --> 15:50:41,400 purchase or our welcome flow we'll send 23790 15:50:39,040 --> 15:50:43,360 people a birthday sign up so that on 23791 15:50:41,400 --> 15:50:44,880 their special day we can give them 23792 15:50:43,360 --> 15:50:46,596 something special and hopefully they'll 23793 15:50:44,880 --> 15:50:48,160 want to make a purchase everybody around 23794 15:50:46,596 --> 15:50:50,320 their birthday gets these kinds of 23795 15:50:48,160 --> 15:50:51,680 emails but I think typically when it's 23796 15:50:50,320 --> 15:50:53,680 around your birthday you're looking to 23797 15:50:51,680 --> 15:50:55,116 spend some money on yourself and get 23798 15:50:53,680 --> 15:50:56,720 yourself something nice or something 23799 15:50:55,116 --> 15:50:59,240 that you've been thinking about but 23800 15:50:56,720 --> 15:51:01,596 haven't felt the need to buy it this is 23801 15:50:59,240 --> 15:51:04,116 a great way that you can send a little 23802 15:51:01,596 --> 15:51:06,400 gift card or a discount code to your 23803 15:51:04,116 --> 15:51:07,400 customer for their special birthday and 23804 15:51:06,400 --> 15:51:09,320 it's something that you don't have to 23805 15:51:07,400 --> 15:51:12,000 think about they plug in your birthday 23806 15:51:09,320 --> 15:51:14,040 and it automatically sends it to them so 23807 15:51:12,000 --> 15:51:15,956 it's an easy way to say like hey we've 23808 15:51:14,040 --> 15:51:18,240 been thinking about you have a great 23809 15:51:15,956 --> 15:51:19,756 birthday here's a discount for you if 23810 15:51:18,240 --> 15:51:21,560 you would like to purchase But 23811 15:51:19,756 --> 15:51:23,400 ultimately we really just want to say 23812 15:51:21,560 --> 15:51:24,756 happy birthday and we are happy to have 23813 15:51:23,400 --> 15:51:26,116 you as a customer but these are the 23814 15:51:24,756 --> 15:51:27,720 different flows that you can set up that 23815 15:51:26,116 --> 15:51:29,636 are just running in the background going 23816 15:51:27,720 --> 15:51:31,480 to all of your different customers and 23817 15:51:29,636 --> 15:51:33,480 all you had to do is put the work up 23818 15:51:31,480 --> 15:51:35,680 front it does take some time but it is 23819 15:51:33,480 --> 15:51:37,520 absolutely worth it and can generate a 23820 15:51:35,680 --> 15:51:39,520 ton of Revenue if you are doing your 23821 15:51:37,520 --> 15:51:43,276 email marketing the right way email and 23822 15:51:39,520 --> 15:51:46,360 SMS can make up to over 20 to 30% of 23823 15:51:43,276 --> 15:51:48,200 your Revenue which is absolutely crazy 23824 15:51:46,360 --> 15:51:51,636 typically on our current brand it makes 23825 15:51:48,200 --> 15:51:53,720 up somewhere between like 16 to 20% of 23826 15:51:51,636 --> 15:51:55,320 our Revenue which is pretty big but 23827 15:51:53,720 --> 15:51:57,596 again there's always work that can be 23828 15:51:55,320 --> 15:51:59,796 done just diving in into those analytics 23829 15:51:57,596 --> 15:52:01,680 that you have seen later on and getting 23830 15:51:59,796 --> 15:52:03,276 a better idea for how those flows have 23831 15:52:01,680 --> 15:52:04,880 actually been working and how your 23832 15:52:03,276 --> 15:52:08,000 customers have been interacting with 23833 15:52:04,880 --> 15:52:10,956 them so don't sleep on flows again in 23834 15:52:08,000 --> 15:52:13,160 this link somewhere around this video I 23835 15:52:10,956 --> 15:52:15,560 do have all of our flows all of the 23836 15:52:13,160 --> 15:52:18,400 triggers how to set these up even the 23837 15:52:15,560 --> 15:52:20,796 text that we add in these emails so take 23838 15:52:18,400 --> 15:52:22,756 the time set something up just so that 23839 15:52:20,796 --> 15:52:24,160 something is running in the background 23840 15:52:22,756 --> 15:52:25,720 and then we'll take a look at the 23841 15:52:24,160 --> 15:52:27,700 analytics and see what kind of stuff we 23842 15:52:25,720 --> 15:52:37,840 can change later down the 23843 15:52:27,700 --> 15:52:40,200 [Music] 23844 15:52:37,840 --> 15:52:44,080 line today we're going to be covering 23845 15:52:40,200 --> 15:52:46,796 how to set up flows within clavio if you 23846 15:52:44,080 --> 15:52:49,000 are new to e-commerce and new to email 23847 15:52:46,796 --> 15:52:51,116 marketing there are two different kinds 23848 15:52:49,000 --> 15:52:52,916 of emails that we can send we have 23849 15:52:51,116 --> 15:52:55,916 campaigns which we can think of these 23850 15:52:52,916 --> 15:52:58,040 kind of as sales emails that maybe go 23851 15:52:55,916 --> 15:53:00,320 along with a holiday Mother's Day is 23852 15:52:58,040 --> 15:53:03,796 coming up you could say hey we're 23853 15:53:00,320 --> 15:53:06,276 running a 15% off Mother's Day sale for 23854 15:53:03,796 --> 15:53:09,756 you that would be an example of a 23855 15:53:06,276 --> 15:53:12,040 campaign a flow is something that is 23856 15:53:09,756 --> 15:53:14,880 constantly running in the background so 23857 15:53:12,040 --> 15:53:17,880 when you have a brand new customer sign 23858 15:53:14,880 --> 15:53:20,200 up for email marketing they if they hit 23859 15:53:17,880 --> 15:53:22,840 certain triggers will get put into these 23860 15:53:20,200 --> 15:53:25,276 flows that will automatically send them 23861 15:53:22,840 --> 15:53:27,116 emails somebody comes to your site they 23862 15:53:25,276 --> 15:53:29,240 put in their email they will 23863 15:53:27,116 --> 15:53:31,436 automatically get put into what we call 23864 15:53:29,240 --> 15:53:33,916 a welcome flow which is basically 23865 15:53:31,436 --> 15:53:37,636 telling them about our brand what we 23866 15:53:33,916 --> 15:53:40,160 stand for and as well as gives them that 23867 15:53:37,636 --> 15:53:42,400 initial 15% off discount if they haven't 23868 15:53:40,160 --> 15:53:45,160 used it yet this allows us to send 23869 15:53:42,400 --> 15:53:47,400 reminders to these customers of hey 23870 15:53:45,160 --> 15:53:50,200 you're about to lose your 15% off 23871 15:53:47,400 --> 15:53:52,480 discount use it today but these flows 23872 15:53:50,200 --> 15:53:54,796 are great because it's a oneandone 23873 15:53:52,480 --> 15:53:56,840 situation besides setting them up and 23874 15:53:54,796 --> 15:53:58,680 then taking a look at the Analytics 23875 15:53:56,840 --> 15:54:00,560 after a few weeks of running them 23876 15:53:58,680 --> 15:54:03,636 they're just running in the background 23877 15:54:00,560 --> 15:54:05,436 and just making money for you so it does 23878 15:54:03,636 --> 15:54:08,000 take a little bit of time to get all 23879 15:54:05,436 --> 15:54:10,240 these set up Chris and I actually use a 23880 15:54:08,000 --> 15:54:13,040 total of 10 different flows On Our 23881 15:54:10,240 --> 15:54:14,520 Brands and they are just running in the 23882 15:54:13,040 --> 15:54:16,636 background we don't even really think 23883 15:54:14,520 --> 15:54:18,880 about them but our customers are staying 23884 15:54:16,636 --> 15:54:22,160 in touch with our brand and learning 23885 15:54:18,880 --> 15:54:25,000 more about our mission and able to get 23886 15:54:22,160 --> 15:54:26,796 their hands on some brand content that 23887 15:54:25,000 --> 15:54:29,200 typically we wouldn't think of ever 23888 15:54:26,796 --> 15:54:31,320 sending so in this module I'm going to 23889 15:54:29,200 --> 15:54:33,200 show you really how to set up your 23890 15:54:31,320 --> 15:54:34,880 welcome flow it can be a little bit 23891 15:54:33,200 --> 15:54:37,636 confusing but once you get the hang of 23892 15:54:34,880 --> 15:54:39,880 it you'll understand the meaning of the 23893 15:54:37,636 --> 15:54:42,320 flows and why we actually choose to run 23894 15:54:39,880 --> 15:54:45,720 them and Below somewhere around this 23895 15:54:42,320 --> 15:54:48,116 screen I do have screenshots of how I 23896 15:54:45,720 --> 15:54:50,160 set up all of our different flows as 23897 15:54:48,116 --> 15:54:52,320 well as email examples so if you want to 23898 15:54:50,160 --> 15:54:53,840 look at those take some ideas and tailor 23899 15:54:52,320 --> 15:54:56,520 them for your own brand you can 23900 15:54:53,840 --> 15:54:59,160 absolutely do that so let's jump into to 23901 15:54:56,520 --> 15:55:00,916 it and create our welcome flow for this 23902 15:54:59,160 --> 15:55:02,880 brand new brand the first thing that 23903 15:55:00,916 --> 15:55:04,560 you're going to want to do is go to your 23904 15:55:02,880 --> 15:55:07,080 clavio account once you're logged in 23905 15:55:04,560 --> 15:55:09,400 you're going to see this clavio 23906 15:55:07,080 --> 15:55:11,360 dashboard as you can see we have no 23907 15:55:09,400 --> 15:55:13,680 conversions whatsoever because we 23908 15:55:11,360 --> 15:55:15,400 haven't run ads our store is not yet up 23909 15:55:13,680 --> 15:55:16,956 and running so on the left hand side 23910 15:55:15,400 --> 15:55:20,276 you're going to go to 23911 15:55:16,956 --> 15:55:22,840 flows and I was able to already put this 23912 15:55:20,276 --> 15:55:25,880 flow in just to give us an idea and to 23913 15:55:22,840 --> 15:55:28,720 better explain exactly how to set up a 23914 15:55:25,880 --> 15:55:30,560 flow and what this welcome flow is so in 23915 15:55:28,720 --> 15:55:33,636 order to set up a flow you have to have 23916 15:55:30,560 --> 15:55:36,000 a trigger of some sort something that 23917 15:55:33,636 --> 15:55:39,080 characterizes this customer to be 23918 15:55:36,000 --> 15:55:42,080 getting these emails so for example you 23919 15:55:39,080 --> 15:55:44,320 can have an abandoned cart flow or you 23920 15:55:42,080 --> 15:55:46,680 could have post purchase flow so 23921 15:55:44,320 --> 15:55:48,240 somebody who's just purchased from you 23922 15:55:46,680 --> 15:55:51,080 they have to have made a purchase in 23923 15:55:48,240 --> 15:55:52,840 order to be put into this brand new flow 23924 15:55:51,080 --> 15:55:55,520 you wouldn't want somebody who hasn't 23925 15:55:52,840 --> 15:55:57,480 purchased getting emails saying hi thank 23926 15:55:55,520 --> 15:55:59,796 you so much for your purchase you're 23927 15:55:57,480 --> 15:56:01,916 just going to confuse your customers so 23928 15:55:59,796 --> 15:56:04,400 you want to set up triggers in order to 23929 15:56:01,916 --> 15:56:07,200 get the right customers in the correct 23930 15:56:04,400 --> 15:56:08,636 flow so for your welcome flow you're 23931 15:56:07,200 --> 15:56:10,916 going to want your trigger to look 23932 15:56:08,636 --> 15:56:13,116 something like this you want it to be 23933 15:56:10,916 --> 15:56:14,880 people who are new subscribers so 23934 15:56:13,116 --> 15:56:16,480 they've just put their email in to 23935 15:56:14,880 --> 15:56:18,436 accept email marketing you don't want to 23936 15:56:16,480 --> 15:56:20,360 be sending emails to people who have not 23937 15:56:18,436 --> 15:56:22,636 given consent for that people that 23938 15:56:20,360 --> 15:56:24,596 haven't marked an email as spam if 23939 15:56:22,636 --> 15:56:26,436 somebody marks an email as spam you 23940 15:56:24,596 --> 15:56:28,160 don't want to keep sending them emails 23941 15:56:26,436 --> 15:56:29,916 they're just going to get mad at you you 23942 15:56:28,160 --> 15:56:31,916 also don't want to send it to an email 23943 15:56:29,916 --> 15:56:34,560 that has bounced if somebody may have 23944 15:56:31,916 --> 15:56:36,240 put in the wrong email address or 23945 15:56:34,560 --> 15:56:38,360 misspelled something you don't want to 23946 15:56:36,240 --> 15:56:40,116 just be sending emails to an account 23947 15:56:38,360 --> 15:56:41,596 that's never going to look at those 23948 15:56:40,116 --> 15:56:43,756 emails you want to make sure it's going 23949 15:56:41,596 --> 15:56:45,916 to somebody who's placed an order zero 23950 15:56:43,756 --> 15:56:47,880 times so they've never purchased from us 23951 15:56:45,916 --> 15:56:50,596 before they're brand new that's why we 23952 15:56:47,880 --> 15:56:52,480 want them in this welcome flow and you 23953 15:56:50,596 --> 15:56:54,520 want somebody who hasn't checked 23954 15:56:52,480 --> 15:56:56,276 unsubscribed if they've unsubscribed and 23955 15:56:54,520 --> 15:56:58,680 you are still sending emails then you 23956 15:56:56,276 --> 15:57:00,840 are not following the rules and you can 23957 15:56:58,680 --> 15:57:02,680 actually hurt your clavio account and 23958 15:57:00,840 --> 15:57:05,720 finally you want somebody who has 23959 15:57:02,680 --> 15:57:08,360 started checkout zero times so they 23960 15:57:05,720 --> 15:57:10,116 haven't yet added anything to their cart 23961 15:57:08,360 --> 15:57:11,520 yet we want to welcome them they may 23962 15:57:10,116 --> 15:57:14,160 have not made a purchase they're 23963 15:57:11,520 --> 15:57:16,240 thinking about your brand they may have 23964 15:57:14,160 --> 15:57:18,276 liked a design that they saw this is the 23965 15:57:16,240 --> 15:57:20,720 kind of customer that you want coming to 23966 15:57:18,276 --> 15:57:23,040 your welcome flow because if somebody 23967 15:57:20,720 --> 15:57:25,200 had started a checkout or they had made 23968 15:57:23,040 --> 15:57:26,436 a purchase they would go into our post 23969 15:57:25,200 --> 15:57:27,880 purchase flow we wouldn't wouldn't want 23970 15:57:26,436 --> 15:57:30,160 them getting these welcome emails 23971 15:57:27,880 --> 15:57:33,116 getting spammed with use your 15% 23972 15:57:30,160 --> 15:57:35,680 discount when they've already used it so 23973 15:57:33,116 --> 15:57:37,480 I will show you how I've set up all 23974 15:57:35,680 --> 15:57:40,240 these Triggers on all of our different 23975 15:57:37,480 --> 15:57:42,160 flows all that will be available to you 23976 15:57:40,240 --> 15:57:45,080 but this is the trigger that you would 23977 15:57:42,160 --> 15:57:46,520 want for this welcome flow so you don't 23978 15:57:45,080 --> 15:57:48,240 want to just keep spamming people the 23979 15:57:46,520 --> 15:57:50,520 second that they put their email in 23980 15:57:48,240 --> 15:57:53,400 you're going to want to wait a few hours 23981 15:57:50,520 --> 15:57:55,520 before sending a little reminder of hey 23982 15:57:53,400 --> 15:57:57,756 you were checking me out earlier come on 23983 15:57:55,520 --> 15:57:59,720 back come back to us we've got a nice 23984 15:57:57,756 --> 15:58:01,680 discount for you we know you really 23985 15:57:59,720 --> 15:58:03,796 liked that shirt that's the thinking 23986 15:58:01,680 --> 15:58:07,200 that we want our customers to have in 23987 15:58:03,796 --> 15:58:09,520 this flow we start with a welcome email 23988 15:58:07,200 --> 15:58:12,200 our subject line welcome to the seasonal 23989 15:58:09,520 --> 15:58:15,160 collection family just giving them a 23990 15:58:12,200 --> 15:58:17,400 warm welcome saying we are so glad that 23991 15:58:15,160 --> 15:58:19,756 you have found us welcome to the family 23992 15:58:17,400 --> 15:58:23,240 we're excited that you're here let's 23993 15:58:19,756 --> 15:58:25,756 take a view at this email so this 23994 15:58:23,240 --> 15:58:26,680 welcome as promised here's your 15% off 23995 15:58:25,756 --> 15:58:28,756 coupon 23996 15:58:26,680 --> 15:58:30,720 to all of our seasonal collection te's 23997 15:58:28,756 --> 15:58:33,200 to claim this discount you can either 23998 15:58:30,720 --> 15:58:34,916 use the code welcome 15 you're going to 23999 15:58:33,200 --> 15:58:37,240 want to make sure that this discount is 24000 15:58:34,916 --> 15:58:39,360 already set up on Shopify so that 24001 15:58:37,240 --> 15:58:41,160 they're not just plugging in welcome 15 24002 15:58:39,360 --> 15:58:43,116 and nothing's happening they can plug it 24003 15:58:41,160 --> 15:58:45,596 in at checkout and we'll take 15% off 24004 15:58:43,116 --> 15:58:48,116 your entire order but you have to hurry 24005 15:58:45,596 --> 15:58:50,720 this is only good for 72 hours your 24006 15:58:48,116 --> 15:58:52,916 coupon could be good for a lifetime but 24007 15:58:50,720 --> 15:58:55,080 we're giving that urgency in this email 24008 15:58:52,916 --> 15:58:58,400 use it or lose it if you don't use it in 24009 15:58:55,080 --> 15:59:00,160 72 hours bye-bye coupon leaving it's not 24010 15:58:58,400 --> 15:59:02,480 actually leaving but this is just 24011 15:59:00,160 --> 15:59:04,080 getting that urgency in your email this 24012 15:59:02,480 --> 15:59:06,240 is your chance to try anything in our 24013 15:59:04,080 --> 15:59:08,436 seasonal collection store and at a 24014 15:59:06,240 --> 15:59:10,840 discount and as always your satisfaction 24015 15:59:08,436 --> 15:59:12,840 is guaranteed you will see a lot of 24016 15:59:10,840 --> 15:59:14,360 people have been burned by small 24017 15:59:12,840 --> 15:59:16,200 businesses at some point and it's 24018 15:59:14,360 --> 15:59:18,080 actually really sad but they take that 24019 15:59:16,200 --> 15:59:21,080 negative experience that they may have 24020 15:59:18,080 --> 15:59:23,840 had with another brand and kind of trap 24021 15:59:21,080 --> 15:59:26,116 you in with that brand so you have to 24022 15:59:23,840 --> 15:59:28,040 build trust and you'll see some people 24023 15:59:26,116 --> 15:59:30,200 type into your customer service and 24024 15:59:28,040 --> 15:59:32,080 they'll ask are you a legitimate brand 24025 15:59:30,200 --> 15:59:34,756 the more trust that you can give a 24026 15:59:32,080 --> 15:59:37,160 customer of showing that hey if you're 24027 15:59:34,756 --> 15:59:39,880 not happy we are going to take care of 24028 15:59:37,160 --> 15:59:41,756 you that goes a really far away so just 24029 15:59:39,880 --> 15:59:44,040 adding that little piece and always your 24030 15:59:41,756 --> 15:59:45,720 satisfaction is guaranteed can just put 24031 15:59:44,040 --> 15:59:47,436 somebody more at ease especially when 24032 15:59:45,720 --> 15:59:49,840 they're getting a nice pretty email like 24033 15:59:47,436 --> 15:59:52,360 this you can use the code again we give 24034 15:59:49,840 --> 15:59:54,796 the code at checkout you'll get 15% off 24035 15:59:52,360 --> 15:59:57,276 your order applied to everything in our 24036 15:59:54,796 --> 15:59:59,400 store our happy t-shirt as you can see 24037 15:59:57,276 --> 16:00:02,596 I've added our happy t-shirt it's all 24038 15:59:59,400 --> 16:00:04,756 15% off just for you making this person 24039 16:00:02,596 --> 16:00:08,116 feel special and again just reminding 24040 16:00:04,756 --> 16:00:10,360 them hey this expires in 72 hours so 24041 16:00:08,116 --> 16:00:12,840 click below to claim your discount now 24042 16:00:10,360 --> 16:00:14,560 happy seasonal shopping so we have 24043 16:00:12,840 --> 16:00:17,596 different things set up they can either 24044 16:00:14,560 --> 16:00:19,956 click on these buttons which will 24045 16:00:17,596 --> 16:00:24,560 automatically add the discount to their 24046 16:00:19,956 --> 16:00:27,000 cart or they can go to this will just 24047 16:00:24,560 --> 16:00:29,720 take them here to the the main screen 24048 16:00:27,000 --> 16:00:32,636 they can go to check out and put welcome 24049 16:00:29,720 --> 16:00:36,080 15 it already added that coupon welcome 24050 16:00:32,636 --> 16:00:37,916 15 so it took off 2475 or you can just 24051 16:00:36,080 --> 16:00:40,400 send them directly to the site and they 24052 16:00:37,916 --> 16:00:42,200 can plug in that code themselves but 24053 16:00:40,400 --> 16:00:45,080 something that I've found is if you're 24054 16:00:42,200 --> 16:00:47,880 giving somebody an extra barrier to get 24055 16:00:45,080 --> 16:00:49,720 into the store and have to put in a code 24056 16:00:47,880 --> 16:00:51,160 they may spell it wrong sometimes is 24057 16:00:49,720 --> 16:00:53,796 just easier to direct them and 24058 16:00:51,160 --> 16:00:55,400 automatically apply it to the cart but 24059 16:00:53,796 --> 16:00:57,956 again that's completely up to you and 24060 16:00:55,400 --> 16:00:59,680 what works for you and your brand so 24061 16:00:57,956 --> 16:01:01,240 this would be an example of our very 24062 16:00:59,680 --> 16:01:03,360 first welcome email that we're going to 24063 16:01:01,240 --> 16:01:06,000 send to somebody after they've received 24064 16:01:03,360 --> 16:01:08,320 this email we're going to wait one day 24065 16:01:06,000 --> 16:01:11,400 after we've waited one day we have this 24066 16:01:08,320 --> 16:01:13,200 conditional split so these splits you 24067 16:01:11,400 --> 16:01:17,116 can tailor the emails that people are 24068 16:01:13,200 --> 16:01:20,480 going to receive so we can say yes 24069 16:01:17,116 --> 16:01:23,560 somebody has opened our first email or 24070 16:01:20,480 --> 16:01:25,956 no they have not opened our first email 24071 16:01:23,560 --> 16:01:27,840 so you can send them a different kind of 24072 16:01:25,956 --> 16:01:29,796 message here so these conditional splits 24073 16:01:27,840 --> 16:01:32,000 are sometimes good because if somebody 24074 16:01:29,796 --> 16:01:33,560 like has opened an email or has used a 24075 16:01:32,000 --> 16:01:35,916 discount code then you wouldn't want 24076 16:01:33,560 --> 16:01:38,436 them getting the no they haven't opened 24077 16:01:35,916 --> 16:01:40,636 emails so this is just a better way to 24078 16:01:38,436 --> 16:01:44,000 again categorize those customers to 24079 16:01:40,636 --> 16:01:45,520 receive the correct emails for them to 24080 16:01:44,000 --> 16:01:47,320 change their behavior and make a 24081 16:01:45,520 --> 16:01:50,560 purchase on your site we're going to set 24082 16:01:47,320 --> 16:01:54,000 up this first no email together you can 24083 16:01:50,560 --> 16:01:55,560 click no our subject line we already 24084 16:01:54,000 --> 16:01:56,360 have thinking of trying seasonal 24085 16:01:55,560 --> 16:01:58,480 collection 24086 16:01:56,360 --> 16:02:00,636 here's a discount for you and then 24087 16:01:58,480 --> 16:02:02,040 preview text we love a discount this 24088 16:02:00,636 --> 16:02:04,080 person knows even if they haven't 24089 16:02:02,040 --> 16:02:06,000 clicked on the email that hey there's 24090 16:02:04,080 --> 16:02:08,200 some sort of discount code in here you 24091 16:02:06,000 --> 16:02:10,880 may want to click on it you may notice 24092 16:02:08,200 --> 16:02:13,596 that this button will be clicked on some 24093 16:02:10,880 --> 16:02:16,040 of your emails I think it's clicked 24094 16:02:13,596 --> 16:02:18,240 automatically on your flows I always 24095 16:02:16,040 --> 16:02:20,596 unclick it we've all gotten so many 24096 16:02:18,240 --> 16:02:22,240 emails if you're like me I go through 24097 16:02:20,596 --> 16:02:24,080 and like delete emails I never 24098 16:02:22,240 --> 16:02:26,596 unsubscribe from them it drives Chris 24099 16:02:24,080 --> 16:02:28,360 absolutely crazy but a company could 24100 16:02:26,596 --> 16:02:30,240 email me six times in a day and I would 24101 16:02:28,360 --> 16:02:32,560 have no idea like I'm not one of those 24102 16:02:30,240 --> 16:02:34,400 people who really truly gets upset by it 24103 16:02:32,560 --> 16:02:36,560 I don't think many people do so you can 24104 16:02:34,400 --> 16:02:37,840 just keep sending people emails and if 24105 16:02:36,560 --> 16:02:39,880 they really are that annoyed they're 24106 16:02:37,840 --> 16:02:41,520 going to click unsubscribe or if they 24107 16:02:39,880 --> 16:02:43,320 write into your customer service you can 24108 16:02:41,520 --> 16:02:45,320 unsubscribe them from your emails but 24109 16:02:43,320 --> 16:02:47,916 the majority of people don't really care 24110 16:02:45,320 --> 16:02:49,436 or maybe don't take that close of a look 24111 16:02:47,916 --> 16:02:53,080 at their emails unless something catches 24112 16:02:49,436 --> 16:02:54,720 their eye so feel free to unclick this 24113 16:02:53,080 --> 16:02:56,796 and make sure that all of those emails 24114 16:02:54,720 --> 16:02:58,360 are getting sent to your customers that 24115 16:02:56,796 --> 16:03:00,840 way you're just not leaving money on the 24116 16:02:58,360 --> 16:03:03,880 table I'm going to select a template and 24117 16:03:00,840 --> 16:03:05,840 use that welcome template that I already 24118 16:03:03,880 --> 16:03:08,200 made so there are different ways in 24119 16:03:05,840 --> 16:03:10,080 order for you to create emails this was 24120 16:03:08,200 --> 16:03:12,320 one that I set up and just tailored 24121 16:03:10,080 --> 16:03:14,320 already to our brand but you can take a 24122 16:03:12,320 --> 16:03:16,160 look at this template library and really 24123 16:03:14,320 --> 16:03:18,956 get a good idea of the vibe that you're 24124 16:03:16,160 --> 16:03:21,160 looking for we like to do something 24125 16:03:18,956 --> 16:03:23,520 that's not too bright and wild around 24126 16:03:21,160 --> 16:03:25,560 the edges as you could see like we use a 24127 16:03:23,520 --> 16:03:28,040 light blue we have the white that pops 24128 16:03:25,560 --> 16:03:30,680 up off there's a lot of color psychology 24129 16:03:28,040 --> 16:03:33,200 out there that like darker websites or 24130 16:03:30,680 --> 16:03:35,796 an email that's very dark won't tend to 24131 16:03:33,200 --> 16:03:39,080 have the same kind of effect on a bright 24132 16:03:35,796 --> 16:03:41,116 colorful cheery email or website so I 24133 16:03:39,080 --> 16:03:43,276 would just do some research as to like 24134 16:03:41,116 --> 16:03:45,080 what works for your Niche there are 24135 16:03:43,276 --> 16:03:47,276 definitely niches out there where like 24136 16:03:45,080 --> 16:03:50,116 darker colors will work there's this one 24137 16:03:47,276 --> 16:03:52,436 brand it's like a Gothic apparel company 24138 16:03:50,116 --> 16:03:54,560 their entire website is black and it 24139 16:03:52,436 --> 16:03:56,116 works because it works for that Niche so 24140 16:03:54,560 --> 16:03:58,720 I would just look at what works for your 24141 16:03:56,116 --> 16:04:01,520 Niche and tailor your emails tailor your 24142 16:03:58,720 --> 16:04:03,000 website colors around what works for 24143 16:04:01,520 --> 16:04:04,680 that Niche kind of look at what your 24144 16:04:03,000 --> 16:04:06,480 competitors are doing so if it's working 24145 16:04:04,680 --> 16:04:10,160 for them chances are it's also working 24146 16:04:06,480 --> 16:04:12,080 for you another point about competitors 24147 16:04:10,160 --> 16:04:15,080 if you are looking at other apparel 24148 16:04:12,080 --> 16:04:17,956 brands or have found a competitor 24149 16:04:15,080 --> 16:04:19,840 selling similar graphic t-shirts or mugs 24150 16:04:17,956 --> 16:04:21,636 you can absolutely put your name and 24151 16:04:19,840 --> 16:04:23,160 sign up for their email list and then 24152 16:04:21,636 --> 16:04:25,040 you can get an idea of what they are 24153 16:04:23,160 --> 16:04:27,240 sending to their customers now I'm not 24154 16:04:25,040 --> 16:04:28,436 saying go and steal their ideas you 24155 16:04:27,240 --> 16:04:30,276 shouldn't do that you should come up 24156 16:04:28,436 --> 16:04:32,320 with your own but you can get an idea 24157 16:04:30,276 --> 16:04:33,880 for what they're sending and chances are 24158 16:04:32,320 --> 16:04:36,160 if it's working for them something 24159 16:04:33,880 --> 16:04:38,916 similar like that will also work for you 24160 16:04:36,160 --> 16:04:41,360 and your email campaigns so feel free to 24161 16:04:38,916 --> 16:04:43,560 sign up I get hit with tons of emails 24162 16:04:41,360 --> 16:04:46,040 from companies that I've never bought 24163 16:04:43,560 --> 16:04:48,040 from but I'm on their email list and 24164 16:04:46,040 --> 16:04:50,360 I've seen their welcome flow that they 24165 16:04:48,040 --> 16:04:52,116 sent me I've seen if I do make a 24166 16:04:50,360 --> 16:04:54,080 purchase they're post purchase pages and 24167 16:04:52,116 --> 16:04:56,080 can kind of get an idea of hey that's 24168 16:04:54,080 --> 16:04:58,040 really creative I never thought of of 24169 16:04:56,080 --> 16:05:00,320 saying something like that in an email 24170 16:04:58,040 --> 16:05:02,080 or making an offering like this in an 24171 16:05:00,320 --> 16:05:04,116 email and you can get an idea of 24172 16:05:02,080 --> 16:05:06,560 different things that you can try within 24173 16:05:04,116 --> 16:05:09,040 your email marketing or for your brand 24174 16:05:06,560 --> 16:05:11,796 but back to these templates I just chose 24175 16:05:09,040 --> 16:05:14,116 something really simple I didn't want 24176 16:05:11,796 --> 16:05:16,840 one with a ton of images on it if you 24177 16:05:14,116 --> 16:05:19,400 have a lot of images it can take a long 24178 16:05:16,840 --> 16:05:21,720 time for people to be able to open your 24179 16:05:19,400 --> 16:05:23,796 emails and get everything to load so I 24180 16:05:21,720 --> 16:05:26,916 would keep that in mind I just like to 24181 16:05:23,796 --> 16:05:28,796 keep it pretty simple maybe one image 24182 16:05:26,916 --> 16:05:31,436 with our Banner just something that's 24183 16:05:28,796 --> 16:05:33,080 like enough to catch the eye of people 24184 16:05:31,436 --> 16:05:35,200 but yeah picking something like this 24185 16:05:33,080 --> 16:05:37,756 that's nice and simple and then just 24186 16:05:35,200 --> 16:05:39,596 tailoring it to your own brand is what I 24187 16:05:37,756 --> 16:05:41,880 do and then I just save the template and 24188 16:05:39,596 --> 16:05:44,480 I can reuse this template over and over 24189 16:05:41,880 --> 16:05:46,840 again and just make a few little tweaks 24190 16:05:44,480 --> 16:05:49,040 and changes like changing what the 24191 16:05:46,840 --> 16:05:51,200 buttons say and where the buttons go 24192 16:05:49,040 --> 16:05:53,480 switching out this image for a brand new 24193 16:05:51,200 --> 16:05:56,680 image and really just copying and 24194 16:05:53,480 --> 16:05:58,720 pasting my text right into this email 24195 16:05:56,680 --> 16:06:01,636 like I said before I'm going to have 24196 16:05:58,720 --> 16:06:03,360 what we write for our emails linked 24197 16:06:01,636 --> 16:06:05,276 somewhere around this video as you can 24198 16:06:03,360 --> 16:06:07,916 see this is how I've typed out our 24199 16:06:05,276 --> 16:06:10,116 welcome flow so I've separated the 24200 16:06:07,916 --> 16:06:12,916 emails by pretty decent space but this 24201 16:06:10,116 --> 16:06:15,000 would be our second email right here 24202 16:06:12,916 --> 16:06:17,436 just kind of talking about the brand you 24203 16:06:15,000 --> 16:06:19,596 can get like a good idea for what you 24204 16:06:17,436 --> 16:06:21,520 want to be sending to these customers 24205 16:06:19,596 --> 16:06:24,200 and you can just copy and paste what you 24206 16:06:21,520 --> 16:06:27,560 write on a Google doc and just paste it 24207 16:06:24,200 --> 16:06:29,276 right into your email here and then it's 24208 16:06:27,560 --> 16:06:31,560 just making a few little quick changes 24209 16:06:29,276 --> 16:06:33,916 and that's it you're done nice and 24210 16:06:31,560 --> 16:06:36,040 simple you can also add your socials we 24211 16:06:33,916 --> 16:06:38,360 don't use Twitter you can just add your 24212 16:06:36,040 --> 16:06:40,160 socials down below and if people want to 24213 16:06:38,360 --> 16:06:41,956 follow you they can just click on one of 24214 16:06:40,160 --> 16:06:44,000 those and it's very important that at 24215 16:06:41,956 --> 16:06:46,400 the bottom of your page clavio is going 24216 16:06:44,000 --> 16:06:49,080 to require you to have your organization 24217 16:06:46,400 --> 16:06:51,520 name your full address an unsubscribed 24218 16:06:49,080 --> 16:06:53,880 button and the current year and then we 24219 16:06:51,520 --> 16:06:55,636 just add like a nice little meaningful 24220 16:06:53,880 --> 16:06:58,560 paragraph at the bottom just thanking 24221 16:06:55,636 --> 16:07:00,720 people for engaging with our emails 24222 16:06:58,560 --> 16:07:03,116 making us seem like we are a legitimate 24223 16:07:00,720 --> 16:07:05,796 brand which we are but also that like 24224 16:07:03,116 --> 16:07:08,240 hey you can absolutely trust us we're 24225 16:07:05,796 --> 16:07:11,320 not going to just spam you with terrible 24226 16:07:08,240 --> 16:07:13,480 offers and actually what I realized is 24227 16:07:11,320 --> 16:07:16,116 all that's really changing is the amount 24228 16:07:13,480 --> 16:07:21,400 of time on this email just switch these 24229 16:07:16,116 --> 16:07:23,636 to 48 hours and then we can also switch 24230 16:07:21,400 --> 16:07:27,040 the happy t-shirt we'll change it to the 24231 16:07:23,636 --> 16:07:27,040 aloe t-shirt 24232 16:07:29,240 --> 16:07:37,116 and we can snag that from our design 24233 16:07:33,000 --> 16:07:39,560 folder so let's download this back to 24234 16:07:37,116 --> 16:07:43,200 clavio and then you can just do a nice 24235 16:07:39,560 --> 16:07:45,276 little good there we go drag and drop so 24236 16:07:43,200 --> 16:07:48,116 it will upload this image boom you've 24237 16:07:45,276 --> 16:07:50,200 changed it yeah and pretty much this 24238 16:07:48,116 --> 16:07:52,000 would be that email going to people who 24239 16:07:50,200 --> 16:07:54,480 did not open the initial one so they're 24240 16:07:52,000 --> 16:07:57,320 getting the exact same offer again still 24241 16:07:54,480 --> 16:08:00,116 giving that that expires in 48 hours 24242 16:07:57,320 --> 16:08:01,116 type of vibe giving that urgency and the 24243 16:08:00,116 --> 16:08:04,040 last thing that we're going to want to 24244 16:08:01,116 --> 16:08:07,596 do is just click save there we go so 24245 16:08:04,040 --> 16:08:09,436 that's saved there we are again we're 24246 16:08:07,596 --> 16:08:11,756 going to wait a day and then it's going 24247 16:08:09,436 --> 16:08:13,200 to come into this next email which this 24248 16:08:11,756 --> 16:08:18,320 one's kind of going to say like hey guys 24249 16:08:13,200 --> 16:08:20,276 you have one day to save let's edit this 24250 16:08:18,320 --> 16:08:25,116 again cuz I'm just using my 24251 16:08:20,276 --> 16:08:28,636 template gra this welcome flow your 15% 24252 16:08:25,116 --> 16:08:28,636 off coupon expires 24253 16:08:34,400 --> 16:08:38,436 today keep text and 24254 16:08:41,200 --> 16:08:47,400 styles coming down with how you want the 24255 16:08:44,160 --> 16:08:48,680 look of your email to be so I would take 24256 16:08:47,400 --> 16:08:51,200 out 24257 16:08:48,680 --> 16:08:54,720 this coupon code welcome 24258 16:08:51,200 --> 16:08:57,436 15 fold that just make sure it's like a 24259 16:08:54,720 --> 16:09:00,240 nice dark black that pops off the page 24260 16:08:57,436 --> 16:09:00,240 and then down 24261 16:09:04,000 --> 16:09:09,880 here seasonal shopping again we'll just 24262 16:09:07,480 --> 16:09:12,116 make sure this is a nice dark black 24263 16:09:09,880 --> 16:09:15,000 welcome 15 at checkout you'll instantly 24264 16:09:12,116 --> 16:09:18,080 save 15% off your order you have that 24265 16:09:15,000 --> 16:09:19,636 bolded 24 hours and then you can keep 24266 16:09:18,080 --> 16:09:21,276 this happy seasonal shopping or you can 24267 16:09:19,636 --> 16:09:23,200 get rid of it and just get down to the 24268 16:09:21,276 --> 16:09:25,680 nitty-gritty of it and then we would 24269 16:09:23,200 --> 16:09:27,636 switch out this image as well for one of 24270 16:09:25,680 --> 16:09:29,880 these like all Trails connect peash 24271 16:09:27,636 --> 16:09:33,040 shirt create 24272 16:09:29,880 --> 16:09:38,116 Sunshine so again we can just go back to 24273 16:09:33,040 --> 16:09:40,720 our main page let's see create 24274 16:09:38,116 --> 16:09:43,080 Sunshine oh I like this I like the look 24275 16:09:40,720 --> 16:09:46,680 of this color feel like it'll pop off 24276 16:09:43,080 --> 16:09:49,840 the page a little bit back to our flow 24277 16:09:46,680 --> 16:09:49,840 again we'll just replace 24278 16:09:51,320 --> 16:09:56,116 this there we 24279 16:09:53,200 --> 16:09:57,560 go okay so now we have that new image in 24280 16:09:56,116 --> 16:10:01,000 there and you know what we can switch 24281 16:09:57,560 --> 16:10:01,000 out these buttons if we want 24282 16:10:05,040 --> 16:10:11,436 to shop now and again you would just 24283 16:10:07,880 --> 16:10:12,880 want to add this discount URL right here 24284 16:10:11,436 --> 16:10:16,200 which I believe I've already made the 24285 16:10:12,880 --> 16:10:18,480 discount for yep welcome 15 so what we 24286 16:10:16,200 --> 16:10:20,720 can actually do is click this promote 24287 16:10:18,480 --> 16:10:22,200 get a sharable link copy that link and 24288 16:10:20,720 --> 16:10:24,000 then we're just going to paste it in 24289 16:10:22,200 --> 16:10:25,560 just like this so now when you click 24290 16:10:24,000 --> 16:10:27,200 this button it's actually going going to 24291 16:10:25,560 --> 16:10:30,480 take you somewhere it's not just going 24292 16:10:27,200 --> 16:10:32,360 to randomly go somewhere or just be a 24293 16:10:30,480 --> 16:10:33,796 dead button people will be very confused 24294 16:10:32,360 --> 16:10:37,400 if you just have a dead button on your 24295 16:10:33,796 --> 16:10:37,400 email again we'll go and save 24296 16:10:37,560 --> 16:10:42,636 this there we go okay it did change and 24297 16:10:39,956 --> 16:10:46,160 then you can just I always will check 24298 16:10:42,636 --> 16:10:48,520 our links again the site isn't live yet 24299 16:10:46,160 --> 16:10:50,720 at the moment but once it is then you 24300 16:10:48,520 --> 16:10:53,520 can check your links and make sure that 24301 16:10:50,720 --> 16:10:55,200 the URLs are all going to exactly where 24302 16:10:53,520 --> 16:10:57,276 you want them to go so just click 24303 16:10:55,200 --> 16:10:59,276 clicking that quick little like Boop 24304 16:10:57,276 --> 16:11:01,160 check out that link make sure it's going 24305 16:10:59,276 --> 16:11:02,520 exactly where you want it to go having 24306 16:11:01,160 --> 16:11:04,840 somebody else read through and make sure 24307 16:11:02,520 --> 16:11:07,040 there's no typos that's definitely an 24308 16:11:04,840 --> 16:11:08,916 important thing to do as well and then 24309 16:11:07,040 --> 16:11:12,276 finally this is like hey this is your 24310 16:11:08,916 --> 16:11:14,320 last chance discount is ending today 24311 16:11:12,276 --> 16:11:17,880 email that you can send to your 24312 16:11:14,320 --> 16:11:20,080 customers again this is going to remove 24313 16:11:17,880 --> 16:11:22,560 customers as well so let's say on the 24314 16:11:20,080 --> 16:11:24,756 third email somebody has finally checked 24315 16:11:22,560 --> 16:11:26,796 out that's going to then take them out 24316 16:11:24,756 --> 16:11:28,240 of this flow because they would have 24317 16:11:26,796 --> 16:11:30,840 started a checkout or they would have 24318 16:11:28,240 --> 16:11:33,000 started a purchase so they would never 24319 16:11:30,840 --> 16:11:34,400 have received this email for so you have 24320 16:11:33,000 --> 16:11:36,200 to also keep that in mind like you're 24321 16:11:34,400 --> 16:11:38,720 not just going to be continuing to 24322 16:11:36,200 --> 16:11:40,436 bombard people with the exact same offer 24323 16:11:38,720 --> 16:11:42,320 they're going to get annoyed it's going 24324 16:11:40,436 --> 16:11:44,240 to use all those triggers that you use 24325 16:11:42,320 --> 16:11:46,680 to initially put that customer in this 24326 16:11:44,240 --> 16:11:48,360 flow to also take customers out of that 24327 16:11:46,680 --> 16:11:50,636 flow because they could have clicked on 24328 16:11:48,360 --> 16:11:52,480 email 3 maybe added something to their 24329 16:11:50,636 --> 16:11:54,320 cart but then never completed the 24330 16:11:52,480 --> 16:11:56,240 purchase so they are going to be taken 24331 16:11:54,320 --> 16:11:58,000 out of this welcome flow but at the same 24332 16:11:56,240 --> 16:11:59,680 time they're going to be put into the 24333 16:11:58,000 --> 16:12:01,560 abandoned cart flow because they never 24334 16:11:59,680 --> 16:12:02,880 completed that checkout or if they 24335 16:12:01,560 --> 16:12:04,596 purchased they're going to be taken out 24336 16:12:02,880 --> 16:12:06,360 of this welcome flow and put into the 24337 16:12:04,596 --> 16:12:09,040 post-p purchase flow so it's kind of 24338 16:12:06,360 --> 16:12:11,000 like at almost like juggling you are 24339 16:12:09,040 --> 16:12:12,596 getting people into a flow their 24340 16:12:11,000 --> 16:12:14,436 behaving in a certain way taking them 24341 16:12:12,596 --> 16:12:17,756 out and putting them in a different flow 24342 16:12:14,436 --> 16:12:21,360 to hopefully get them to make a purchase 24343 16:12:17,756 --> 16:12:23,916 so flows are extremely important and 24344 16:12:21,360 --> 16:12:25,400 easy they are timec consuming just 24345 16:12:23,916 --> 16:12:27,400 typing up and getting those emails 24346 16:12:25,400 --> 16:12:30,116 originally set up but they are 24347 16:12:27,400 --> 16:12:31,680 absolutely worth your time because once 24348 16:12:30,116 --> 16:12:33,796 you've made those changes you can go 24349 16:12:31,680 --> 16:12:35,796 back look at the analytics and see which 24350 16:12:33,796 --> 16:12:37,680 emails are performing well why are they 24351 16:12:35,796 --> 16:12:40,360 performing well take that information 24352 16:12:37,680 --> 16:12:42,160 and add them to your different flows and 24353 16:12:40,360 --> 16:12:44,680 again it's a oneand done kind of thing 24354 16:12:42,160 --> 16:12:46,956 it's set and forget until you look at 24355 16:12:44,680 --> 16:12:49,436 the analytics and make changes off of it 24356 16:12:46,956 --> 16:12:51,796 it's just an easy way to bump and add 24357 16:12:49,436 --> 16:12:53,680 more Revenue to your store and there's a 24358 16:12:51,796 --> 16:12:55,756 lot of great resources out there you can 24359 16:12:53,680 --> 16:12:57,916 look up really good subject l just by 24360 16:12:55,756 --> 16:13:00,000 doing Simple Google searches or good 24361 16:12:57,916 --> 16:13:01,756 previews look at some of the other big 24362 16:13:00,000 --> 16:13:03,720 Brands too what kind of emails are they 24363 16:13:01,756 --> 16:13:06,520 sending you what kind of offers are they 24364 16:13:03,720 --> 16:13:09,400 sending to you you can take those ideas 24365 16:13:06,520 --> 16:13:11,916 and put it into your own brand and 24366 16:13:09,400 --> 16:13:13,596 really take some of these big companies 24367 16:13:11,916 --> 16:13:16,520 that spend a lot of money on email 24368 16:13:13,596 --> 16:13:18,756 marketing and tailor it to your own and 24369 16:13:16,520 --> 16:13:21,360 again you can spend a lot of time 24370 16:13:18,756 --> 16:13:24,240 setting up these flows again I just do a 24371 16:13:21,360 --> 16:13:27,596 very simple layout like this but you can 24372 16:13:24,240 --> 16:13:29,400 go all in change up every single email 24373 16:13:27,596 --> 16:13:31,916 it's just going to take you more time 24374 16:13:29,400 --> 16:13:33,636 and that's absolutely fine as well if 24375 16:13:31,916 --> 16:13:35,796 you are thinking of setting up email 24376 16:13:33,636 --> 16:13:38,680 flows I would definitely do a welcome 24377 16:13:35,796 --> 16:13:40,840 flow I would have a post-p purchase flow 24378 16:13:38,680 --> 16:13:43,840 ready as well as an abandoned cart and 24379 16:13:40,840 --> 16:13:45,916 an abandoned brows because that way 24380 16:13:43,840 --> 16:13:48,160 those customers even right off the bat 24381 16:13:45,916 --> 16:13:49,560 they're going to get these initial flows 24382 16:13:48,160 --> 16:13:51,636 other flows that you can set up at a 24383 16:13:49,560 --> 16:13:54,116 later time if you're crunched for time 24384 16:13:51,636 --> 16:13:56,840 would be like the birthday flow you can 24385 16:13:54,116 --> 16:13:58,756 ask users for a picture of them wearing 24386 16:13:56,840 --> 16:14:00,276 their shirt or like user generated 24387 16:13:58,756 --> 16:14:02,116 content that's a flow that can be done 24388 16:14:00,276 --> 16:14:04,276 at a later time it's not something that 24389 16:14:02,116 --> 16:14:07,400 I would say is going to save sales or 24390 16:14:04,276 --> 16:14:08,596 really initiate some crazy sales so just 24391 16:14:07,400 --> 16:14:11,116 take a look at the different flows that 24392 16:14:08,596 --> 16:14:13,880 we have and see if any of those flows 24393 16:14:11,116 --> 16:14:16,116 will work for you and setting up and 24394 16:14:13,880 --> 16:14:18,880 starting your store again somewhere 24395 16:14:16,116 --> 16:14:21,756 around this video I have linked all of 24396 16:14:18,880 --> 16:14:23,680 our triggers all of our flows the 24397 16:14:21,756 --> 16:14:26,116 messaging that we've put into all of 24398 16:14:23,680 --> 16:14:28,796 these emails for you to use and to look 24399 16:14:26,116 --> 16:14:31,020 at as a guide as you are starting to 24400 16:14:28,796 --> 16:14:41,080 create these email 24401 16:14:31,020 --> 16:14:43,956 [Music] 24402 16:14:41,080 --> 16:14:46,000 flows hi everybody and welcome to this 24403 16:14:43,956 --> 16:14:48,956 module where we are going to talk about 24404 16:14:46,000 --> 16:14:51,360 lavio and specifically what campaign 24405 16:14:48,956 --> 16:14:53,560 emails are if you have ever signed up 24406 16:14:51,360 --> 16:14:56,840 for email marketing from any brand 24407 16:14:53,560 --> 16:14:59,360 chances are you constantly get bombarded 24408 16:14:56,840 --> 16:15:01,320 with what we call campaign emails so 24409 16:14:59,360 --> 16:15:02,796 we've talked about flows those are 24410 16:15:01,320 --> 16:15:04,320 constantly running in the background 24411 16:15:02,796 --> 16:15:06,320 depending on the behavior of your 24412 16:15:04,320 --> 16:15:08,680 customers campaigns are a little bit 24413 16:15:06,320 --> 16:15:11,276 different so you can still kind of 24414 16:15:08,680 --> 16:15:13,000 trigger customers based off of their 24415 16:15:11,276 --> 16:15:15,240 behaviors but this is going to use more 24416 16:15:13,000 --> 16:15:17,000 of like the customer segments based off 24417 16:15:15,240 --> 16:15:20,240 of if they've made a purchase if they've 24418 16:15:17,000 --> 16:15:23,400 engaged with us in the past 30 60 90 24419 16:15:20,240 --> 16:15:25,680 days we're just going to select those 24420 16:15:23,400 --> 16:15:28,040 components and then you you can send 24421 16:15:25,680 --> 16:15:30,000 people emails basically saying things 24422 16:15:28,040 --> 16:15:32,796 about your company so maybe you're 24423 16:15:30,000 --> 16:15:34,200 running a really good Mother's Day sale 24424 16:15:32,796 --> 16:15:36,400 specifically I'm going to use Mother's 24425 16:15:34,200 --> 16:15:38,720 Day as an example because we are a 24426 16:15:36,400 --> 16:15:40,916 seasonal brand and I think when you do 24427 16:15:38,720 --> 16:15:43,480 seasonal type of Brands You Can Do 24428 16:15:40,916 --> 16:15:45,756 seasonal type of holidays so you can 24429 16:15:43,480 --> 16:15:47,680 actually send some emails to your 24430 16:15:45,756 --> 16:15:50,796 customers that kind of goes out as like 24431 16:15:47,680 --> 16:15:52,796 an email blast to a large number of 24432 16:15:50,796 --> 16:15:54,880 people saying like hey we are running 24433 16:15:52,796 --> 16:15:56,436 this really great sale for mother 24434 16:15:54,880 --> 16:15:59,200 Mother's Day you can talk about like 24435 16:15:56,436 --> 16:16:02,080 maybe the history of Mother's Day or 24436 16:15:59,200 --> 16:16:04,080 have like a funny joke about moms and 24437 16:16:02,080 --> 16:16:05,680 you know that maybe moms who are a part 24438 16:16:04,080 --> 16:16:07,320 of your email list would get a chuckle 24439 16:16:05,680 --> 16:16:09,756 out of and want to come and check out 24440 16:16:07,320 --> 16:16:12,400 your site again you can also drive 24441 16:16:09,756 --> 16:16:15,080 people to a whole new collection just 24442 16:16:12,400 --> 16:16:17,040 based off of Mother's Day apparel those 24443 16:16:15,080 --> 16:16:20,000 types of things so that's really what a 24444 16:16:17,040 --> 16:16:22,320 campaign is for basically a blast out 24445 16:16:20,000 --> 16:16:24,680 message to certain members of your 24446 16:16:22,320 --> 16:16:28,116 community saying like hey we are having 24447 16:16:24,680 --> 16:16:30,956 a sale or hey we just launched 50 new 24448 16:16:28,116 --> 16:16:33,400 designs or this holiday is right around 24449 16:16:30,956 --> 16:16:36,080 the corner don't forget bu Mama shirt 24450 16:16:33,400 --> 16:16:39,200 she may really love you know this design 24451 16:16:36,080 --> 16:16:40,956 that's kind of the idea of campaigns and 24452 16:16:39,200 --> 16:16:43,680 why we want to be running and sending 24453 16:16:40,956 --> 16:16:45,480 campaigns as a brand it's a great way to 24454 16:16:43,680 --> 16:16:47,560 get somebody back in the door to make 24455 16:16:45,480 --> 16:16:50,560 another purchase and it just is kind of 24456 16:16:47,560 --> 16:16:52,796 like more eye-catchy of like sale flash 24457 16:16:50,560 --> 16:16:54,880 sale there's more urgency to it I would 24458 16:16:52,796 --> 16:16:58,320 say so in this module we're going to go 24459 16:16:54,880 --> 16:17:01,276 go through how I would create a Mother's 24460 16:16:58,320 --> 16:17:04,240 Day campaign that we would then send out 24461 16:17:01,276 --> 16:17:06,560 to our customer list so if you haven't 24462 16:17:04,240 --> 16:17:09,040 already you can segment all of your 24463 16:17:06,560 --> 16:17:11,680 customers or set up your segments I've 24464 16:17:09,040 --> 16:17:14,436 linked how we segment all of our 24465 16:17:11,680 --> 16:17:16,400 customers somewhere around this video so 24466 16:17:14,436 --> 16:17:18,596 all you have to do is basically set the 24467 16:17:16,400 --> 16:17:20,756 parameters and clavia will do all the 24468 16:17:18,596 --> 16:17:23,116 hardwork for you and then from there we 24469 16:17:20,756 --> 16:17:25,160 can tailor who we're going to send them 24470 16:17:23,116 --> 16:17:27,560 to really what we want to include clude 24471 16:17:25,160 --> 16:17:30,636 and say and really go over the 24472 16:17:27,560 --> 16:17:32,116 importance of a very strong subject line 24473 16:17:30,636 --> 16:17:34,436 because that's really what your 24474 16:17:32,116 --> 16:17:36,240 customers are going to see and what is 24475 16:17:34,436 --> 16:17:39,080 going to initiate them to actually 24476 16:17:36,240 --> 16:17:41,320 clicking and opening that email so let's 24477 16:17:39,080 --> 16:17:42,560 get into it so the first thing that 24478 16:17:41,320 --> 16:17:45,240 you're going to want to do is open up 24479 16:17:42,560 --> 16:17:46,680 clavio go to your account and on the 24480 16:17:45,240 --> 16:17:48,560 left hand side you're going to see this 24481 16:17:46,680 --> 16:17:50,320 button for campaigns you're going to 24482 16:17:48,560 --> 16:17:52,916 want to click that and as you can see we 24483 16:17:50,320 --> 16:17:55,200 have never created a campaign at this 24484 16:17:52,916 --> 16:17:57,796 point so that's pretty exciting so we 24485 16:17:55,200 --> 16:18:00,636 can click create campaign you can do an 24486 16:17:57,796 --> 16:18:02,520 email SMS we're just going to set up a 24487 16:18:00,636 --> 16:18:04,636 simple email the day that you're making 24488 16:18:02,520 --> 16:18:06,116 it you could make the date like the day 24489 16:18:04,636 --> 16:18:08,320 that you want to send it but we'll get 24490 16:18:06,116 --> 16:18:10,360 into those details later and then this 24491 16:18:08,320 --> 16:18:12,636 is just information about the campaign 24492 16:18:10,360 --> 16:18:14,480 so this is typically where I like to 24493 16:18:12,636 --> 16:18:19,320 explain what kind of campaign I'm 24494 16:18:14,480 --> 16:18:20,400 sending so I can put the date so we can 24495 16:18:19,320 --> 16:18:26,880 just do 24496 16:18:20,400 --> 16:18:29,040 41 24 and then Mother's Day say sale 24497 16:18:26,880 --> 16:18:31,360 email one because then this is telling 24498 16:18:29,040 --> 16:18:33,080 me that this is a sales email this is 24499 16:18:31,360 --> 16:18:34,680 the first email that I'm sending 24500 16:18:33,080 --> 16:18:37,880 sometimes when you do a campaign you may 24501 16:18:34,680 --> 16:18:39,596 do a few emails explaining it especially 24502 16:18:37,880 --> 16:18:41,400 leading up to a holiday like think of 24503 16:18:39,596 --> 16:18:44,200 Black Friday feel like we start to get 24504 16:18:41,400 --> 16:18:46,636 those Black Friday emails even two weeks 24505 16:18:44,200 --> 16:18:48,480 prior or like the month leading up to 24506 16:18:46,636 --> 16:18:49,916 Black Friday of like hey get get hyped 24507 16:18:48,480 --> 16:18:51,840 like our biggest sale The Season's 24508 16:18:49,916 --> 16:18:54,916 coming up so you just want to keep track 24509 16:18:51,840 --> 16:18:57,480 of the emails that you have already sent 24510 16:18:54,916 --> 16:18:59,636 so this is telling me hey on April 11th 24511 16:18:57,480 --> 16:19:01,320 I sent out that first Mother's Day email 24512 16:18:59,636 --> 16:19:04,040 maybe I want to send one of these 24513 16:19:01,320 --> 16:19:06,680 Mother's Day reminder emails once per 24514 16:19:04,040 --> 16:19:09,680 week leading up to Mother's Day but this 24515 16:19:06,680 --> 16:19:12,880 is a great way to just keep your stuff 24516 16:19:09,680 --> 16:19:14,916 organized so we can just click save and 24517 16:19:12,880 --> 16:19:16,636 continue now it's going to pull you up 24518 16:19:14,916 --> 16:19:19,116 to this page you can change the name 24519 16:19:16,636 --> 16:19:21,400 again like we just did or you can leave 24520 16:19:19,116 --> 16:19:24,080 it this is the important part who are we 24521 16:19:21,400 --> 16:19:27,520 going to be sending this campaign to 24522 16:19:24,080 --> 16:19:29,636 typically when I send a campaign I like 24523 16:19:27,520 --> 16:19:32,360 to use the segments that I created 24524 16:19:29,636 --> 16:19:34,160 really just for our email marketing when 24525 16:19:32,360 --> 16:19:35,756 it comes to sending campaigns that's 24526 16:19:34,160 --> 16:19:37,200 really why we want to segment these 24527 16:19:35,756 --> 16:19:39,360 customers but again it's going to 24528 16:19:37,200 --> 16:19:41,436 segment them based off of their actions 24529 16:19:39,360 --> 16:19:43,240 that they've already done so we want 24530 16:19:41,436 --> 16:19:45,840 these emails going to people who are 24531 16:19:43,240 --> 16:19:47,880 most engaged people who have recently 24532 16:19:45,840 --> 16:19:50,116 subscribed because they're new to the 24533 16:19:47,880 --> 16:19:52,796 brand they're fresh they want to get in 24534 16:19:50,116 --> 16:19:54,360 on all these discount codes and sales 24535 16:19:52,796 --> 16:19:56,520 that we're running and really that's who 24536 16:19:54,360 --> 16:19:58,400 we want want to Target and it's okay if 24537 16:19:56,520 --> 16:20:01,160 they've never made a purchase before as 24538 16:19:58,400 --> 16:20:03,796 long as they've been engaging with our 24539 16:20:01,160 --> 16:20:05,880 brand in some sort of way with emails or 24540 16:20:03,796 --> 16:20:07,276 they were active on the site these are 24541 16:20:05,880 --> 16:20:09,436 the people that we want to Target 24542 16:20:07,276 --> 16:20:11,680 because they're the most likely to lead 24543 16:20:09,436 --> 16:20:14,840 to a purchase you can just go down your 24544 16:20:11,680 --> 16:20:17,240 list of the different segments that we 24545 16:20:14,840 --> 16:20:19,720 have created we're going to add all 24546 16:20:17,240 --> 16:20:22,796 these so this is sending it to those 24547 16:20:19,720 --> 16:20:26,756 engaged customers over their lifetime 24548 16:20:22,796 --> 16:20:29,680 over the last 120 days 90 days Etc in a 24549 16:20:26,756 --> 16:20:32,200 perfect world when you do actually have 24550 16:20:29,680 --> 16:20:35,756 customers so like right now we have one 24551 16:20:32,200 --> 16:20:38,916 profile and it's us so that's why down 24552 16:20:35,756 --> 16:20:40,480 here estimated recipients is zero if you 24553 16:20:38,916 --> 16:20:42,880 have people in your list and you're 24554 16:20:40,480 --> 16:20:44,400 getting zero you've probably set up one 24555 16:20:42,880 --> 16:20:46,436 of your segments wrong so let's say you 24556 16:20:44,400 --> 16:20:48,636 have 100 people you put in all of your 24557 16:20:46,436 --> 16:20:50,596 stuff and there's zero people that this 24558 16:20:48,636 --> 16:20:53,360 email is going to go to you've set 24559 16:20:50,596 --> 16:20:54,916 something up wrong it's time to go back 24560 16:20:53,360 --> 16:20:56,680 double check some things to make sure 24561 16:20:54,916 --> 16:20:58,400 that those emails are going out to the 24562 16:20:56,680 --> 16:21:02,240 right people on our current brand that 24563 16:20:58,400 --> 16:21:05,560 we run when I send to these customers 24564 16:21:02,240 --> 16:21:09,200 that are within this behavioral scope we 24565 16:21:05,560 --> 16:21:11,560 typically have about I think 20,000 that 24566 16:21:09,200 --> 16:21:13,680 our emails go out to so over time this 24567 16:21:11,560 --> 16:21:15,796 is going to grow and that's the best 24568 16:21:13,680 --> 16:21:18,560 part about email marketing is that it 24569 16:21:15,796 --> 16:21:19,680 just grows over time really just like as 24570 16:21:18,560 --> 16:21:21,116 people are checking out they're putting 24571 16:21:19,680 --> 16:21:22,560 in their email they're saying it's okay 24572 16:21:21,116 --> 16:21:24,320 to Market towards them so you're 24573 16:21:22,560 --> 16:21:26,320 building up a significant list and that 24574 16:21:24,320 --> 16:21:29,160 list list is amazing because every time 24575 16:21:26,320 --> 16:21:31,080 you launch a new product or you want to 24576 16:21:29,160 --> 16:21:34,240 say something about your brand you are 24577 16:21:31,080 --> 16:21:37,000 given so many people I think our total 24578 16:21:34,240 --> 16:21:39,560 overall customer base is like close to 24579 16:21:37,000 --> 16:21:42,360 70,000 on our current brand so that's 24580 16:21:39,560 --> 16:21:44,560 amazing and worth like a pot of gold 24581 16:21:42,360 --> 16:21:46,436 it's great to have that kind of email 24582 16:21:44,560 --> 16:21:49,436 list so in a perfect world this would 24583 16:21:46,436 --> 16:21:52,040 say like 10,000 people but we currently 24584 16:21:49,436 --> 16:21:54,116 don't have anybody subscribed to our 24585 16:21:52,040 --> 16:21:55,560 site yet but once you've done all this 24586 16:21:54,116 --> 16:21:58,200 you're going to going to go and click 24587 16:21:55,560 --> 16:22:00,320 continue to content so we've set up our 24588 16:21:58,200 --> 16:22:02,080 audience we have set up the name of our 24589 16:22:00,320 --> 16:22:04,596 Campaign which is not the same as a 24590 16:22:02,080 --> 16:22:06,796 subject line the subject line is what 24591 16:22:04,596 --> 16:22:10,480 customers are going to see so for 24592 16:22:06,796 --> 16:22:12,400 example if I pull up Gmail this is your 24593 16:22:10,480 --> 16:22:15,240 subject line right here so this is going 24594 16:22:12,400 --> 16:22:18,116 to say who it's coming from that's us 24595 16:22:15,240 --> 16:22:20,916 and you're going to see then the subject 24596 16:22:18,116 --> 16:22:22,480 line and then the preview text so your 24597 16:22:20,916 --> 16:22:24,520 subject line is supposed to catch your 24598 16:22:22,480 --> 16:22:26,200 attention you want it to be something 24599 16:22:24,520 --> 16:22:28,200 something that's oh wow I need to see 24600 16:22:26,200 --> 16:22:30,840 that that seems interesting or like this 24601 16:22:28,200 --> 16:22:33,320 one ooh un your creative imagination 24602 16:22:30,840 --> 16:22:35,756 with some emojis it stands out not many 24603 16:22:33,320 --> 16:22:38,916 of these subject lines have emojis delve 24604 16:22:35,756 --> 16:22:40,636 into the world of design exploration so 24605 16:22:38,916 --> 16:22:43,200 that gives me a little bit of a preview 24606 16:22:40,636 --> 16:22:45,596 and makes you wonder okay I guess this 24607 16:22:43,200 --> 16:22:47,756 email has something to do with designs 24608 16:22:45,596 --> 16:22:50,560 so some people will do preview text some 24609 16:22:47,756 --> 16:22:54,360 people will not but we can use a subject 24610 16:22:50,560 --> 16:22:54,360 line like 24611 16:22:55,680 --> 16:23:01,000 Mother's Day 24612 16:22:57,320 --> 16:23:04,000 sale and then we can just add a cute 24613 16:23:01,000 --> 16:23:07,636 Emoji maybe a little heart because we 24614 16:23:04,000 --> 16:23:10,160 love our mom and then preview can be 24615 16:23:07,636 --> 16:23:10,160 text 24616 16:23:11,436 --> 16:23:15,000 like Mother's 24617 16:23:20,796 --> 16:23:25,480 Day shop now for 24618 16:23:27,796 --> 16:23:32,360 a gift for Mom something like that so it 24619 16:23:30,360 --> 16:23:33,880 gives you an idea you're like oo 24620 16:23:32,360 --> 16:23:35,040 Mother's Day is around the corner I 24621 16:23:33,880 --> 16:23:38,200 haven't thought about getting anything 24622 16:23:35,040 --> 16:23:40,360 for my mom and sales in the subject line 24623 16:23:38,200 --> 16:23:43,040 so maybe there's a discount code it get 24624 16:23:40,360 --> 16:23:45,636 somebody thinking along those lines and 24625 16:23:43,040 --> 16:23:47,840 would maybe then want to click on an 24626 16:23:45,636 --> 16:23:50,560 email the sender name you can see it 24627 16:23:47,840 --> 16:23:51,916 says seasonal collections that is like 24628 16:23:50,560 --> 16:23:54,520 what you're going to see here this 24629 16:23:51,916 --> 16:23:57,636 sender name sometimes what we like to do 24630 16:23:54,520 --> 16:23:59,276 is give our brand a name you can give it 24631 16:23:57,636 --> 16:24:00,680 your own name if you wanted but 24632 16:23:59,276 --> 16:24:03,480 sometimes we will build like a little 24633 16:24:00,680 --> 16:24:05,956 brand identity where our campaigns are 24634 16:24:03,480 --> 16:24:08,436 specifically coming from so because it's 24635 16:24:05,956 --> 16:24:11,276 seasonal like we could say maybe Hazel 24636 16:24:08,436 --> 16:24:14,200 like Hazel's a pretty name or you could 24637 16:24:11,276 --> 16:24:16,680 say maybe like something like Daisy from 24638 16:24:14,200 --> 16:24:19,040 seasonal collections you can build this 24639 16:24:16,680 --> 16:24:20,956 almost like brand identity depending on 24640 16:24:19,040 --> 16:24:22,756 what Niche you're in like I think a 24641 16:24:20,956 --> 16:24:25,200 funny one like if you had a dog Niche it 24642 16:24:22,756 --> 16:24:27,596 could be like Rufus I don't know I feel 24643 16:24:25,200 --> 16:24:29,636 like Rufus is a good dog name and build 24644 16:24:27,596 --> 16:24:32,520 your brand around that name as an 24645 16:24:29,636 --> 16:24:37,756 example we could say 24646 16:24:32,520 --> 16:24:40,276 like hazel or Hazel from seasonal 24647 16:24:37,756 --> 16:24:42,200 collections or those two little back 24648 16:24:40,276 --> 16:24:44,880 slashes so then it seems like it's 24649 16:24:42,200 --> 16:24:47,116 really coming from a real person and not 24650 16:24:44,880 --> 16:24:48,720 just hey here's our sale I think it just 24651 16:24:47,116 --> 16:24:51,040 helps give your brand more of an 24652 16:24:48,720 --> 16:24:53,080 identity when someone can put a face to 24653 16:24:51,040 --> 16:24:55,320 it instead of just being like it is a 24654 16:24:53,080 --> 16:24:56,756 faceless brand like you welcome to put 24655 16:24:55,320 --> 16:24:58,596 your own picture on your site and 24656 16:24:56,756 --> 16:25:00,520 everything Chris and I do not do that 24657 16:24:58,596 --> 16:25:03,080 but you absolutely could and then people 24658 16:25:00,520 --> 16:25:06,276 know like when an email is coming from 24659 16:25:03,080 --> 16:25:09,320 Robert who is the founder of this brand 24660 16:25:06,276 --> 16:25:11,000 they can relate to Robert and know that 24661 16:25:09,320 --> 16:25:13,680 he's a real person and he is just 24662 16:25:11,000 --> 16:25:14,796 running this small shop but yeah this is 24663 16:25:13,680 --> 16:25:16,680 the kind of stuff that you want so 24664 16:25:14,796 --> 16:25:18,480 you'll fill out your subject line you 24665 16:25:16,680 --> 16:25:19,840 want it to be really catchy something 24666 16:25:18,480 --> 16:25:21,680 that people are going to want to click 24667 16:25:19,840 --> 16:25:23,596 on this is probably the most important 24668 16:25:21,680 --> 16:25:26,560 line and then your preview text of just 24669 16:25:23,596 --> 16:25:28,720 hey what is in this email what can I 24670 16:25:26,560 --> 16:25:30,956 expect and then we can do either drag 24671 16:25:28,720 --> 16:25:33,680 and drop or you can do text only so a 24672 16:25:30,956 --> 16:25:36,520 text only is going to actually look like 24673 16:25:33,680 --> 16:25:38,436 if you went on to Gmail typed out an 24674 16:25:36,520 --> 16:25:40,276 email and clicked send it's just going 24675 16:25:38,436 --> 16:25:41,956 to be text I think you can add some 24676 16:25:40,276 --> 16:25:43,880 photos to it but it's not going to be 24677 16:25:41,956 --> 16:25:46,276 like the pretty emails that we set up 24678 16:25:43,880 --> 16:25:48,756 for our flows so you can do the drag and 24679 16:25:46,276 --> 16:25:50,720 drop for that again you can go and look 24680 16:25:48,756 --> 16:25:53,520 through all these different templates 24681 16:25:50,720 --> 16:25:55,720 that clavio has created or take a look 24682 16:25:53,520 --> 16:25:57,916 at what's in your your inbox what have 24683 16:25:55,720 --> 16:25:59,796 other brands sent you was there a 24684 16:25:57,916 --> 16:26:01,480 certain email or a certain subject line 24685 16:25:59,796 --> 16:26:03,520 that you clicked on from a brand because 24686 16:26:01,480 --> 16:26:05,276 it caught your attention like why did it 24687 16:26:03,520 --> 16:26:08,116 catch your attention why did you click 24688 16:26:05,276 --> 16:26:10,680 on that email was it maybe the picture 24689 16:26:08,116 --> 16:26:12,520 that they chose or was it really the 24690 16:26:10,680 --> 16:26:15,400 offer that they were providing do some 24691 16:26:12,520 --> 16:26:18,956 research in your own email mailbox and 24692 16:26:15,400 --> 16:26:21,560 get a Vibe for what people send for this 24693 16:26:18,956 --> 16:26:23,680 we can just use our nice template and we 24694 16:26:21,560 --> 16:26:25,756 can just rearrange some things so that 24695 16:26:23,680 --> 16:26:28,276 it fits get our campaign a little bit 24696 16:26:25,756 --> 16:26:30,560 better let's say maybe we can say shop 24697 16:26:28,276 --> 16:26:30,560 for 24698 16:26:31,240 --> 16:26:37,040 Mom like that and then we can just take 24699 16:26:33,956 --> 16:26:37,040 this out Mother's 24700 16:26:39,040 --> 16:26:45,320 Day right around the corner or maybe it 24701 16:26:42,360 --> 16:26:48,000 can be and again this is where you can 24702 16:26:45,320 --> 16:26:50,720 style your Brand's voice are you going 24703 16:26:48,000 --> 16:26:54,320 for like funny or creative are you going 24704 16:26:50,720 --> 16:26:56,116 for do you want memes do you want very 24705 16:26:54,320 --> 16:26:58,080 serious those are the kind of things 24706 16:26:56,116 --> 16:27:01,000 that you need to think about and how you 24707 16:26:58,080 --> 16:27:03,320 want to present your brand and typically 24708 16:27:01,000 --> 16:27:06,040 it's like specifically in these campaign 24709 16:27:03,320 --> 16:27:07,720 emails as well as your flows so that the 24710 16:27:06,040 --> 16:27:10,240 same voice is going out with every 24711 16:27:07,720 --> 16:27:15,956 single email so we can say Mother's Day 24712 16:27:10,240 --> 16:27:15,956 is on May 12th this year I 24713 16:27:19,116 --> 16:27:25,636 bet I bet you haven't thought about that 24714 16:27:21,240 --> 16:27:25,636 gift for her yet lucky for you 24715 16:27:28,796 --> 16:27:32,240 seasonal collections has you 24716 16:27:33,160 --> 16:27:39,720 covered we specifically just 24717 16:27:37,276 --> 16:27:43,320 launched 30 24718 16:27:39,720 --> 16:27:43,320 plus new 24719 16:27:43,436 --> 16:27:48,956 designs specifically for Mom again this 24720 16:27:46,320 --> 16:27:50,880 is just me making this kind of stuff up 24721 16:27:48,956 --> 16:27:52,680 but this is what you want in a campaign 24722 16:27:50,880 --> 16:27:54,796 is designs that people haven't seen 24723 16:27:52,680 --> 16:27:56,680 before so it's intriguing it makes them 24724 16:27:54,796 --> 16:27:59,320 want to click this one just happens to 24725 16:27:56,680 --> 16:28:01,320 be specifically for Mother's Day so you 24726 16:27:59,320 --> 16:28:03,000 can take a look and purchase one for 24727 16:28:01,320 --> 16:28:04,840 your mom or you could talk about the 24728 16:28:03,000 --> 16:28:06,956 history of Mother's Day and then get 24729 16:28:04,840 --> 16:28:08,680 somebody to want to click and check out 24730 16:28:06,956 --> 16:28:11,436 whatever you're selling for Mother's Day 24731 16:28:08,680 --> 16:28:13,240 or maybe it's uh gardening Niche and 24732 16:28:11,436 --> 16:28:14,560 your mom really loves gardening there 24733 16:28:13,240 --> 16:28:16,636 are a lot of different ways that you can 24734 16:28:14,560 --> 16:28:18,520 tailor these campaigns it could just be 24735 16:28:16,636 --> 16:28:20,956 hey I'm launching a brand new collection 24736 16:28:18,520 --> 16:28:22,956 on my site we have over 50 plus designs 24737 16:28:20,956 --> 16:28:24,240 Shop now you could give some kind of 24738 16:28:22,956 --> 16:28:26,916 urgency you could say that you're 24739 16:28:24,240 --> 16:28:29,880 running a 15% off discount for the first 24740 16:28:26,916 --> 16:28:32,320 48 Hours of this launch or you just 24741 16:28:29,880 --> 16:28:34,240 dropped 10 plus designs you didn't tell 24742 16:28:32,320 --> 16:28:35,956 anybody about it you're the first to 24743 16:28:34,240 --> 16:28:37,840 know because you're special and a part 24744 16:28:35,956 --> 16:28:39,040 of our email list anything that gets 24745 16:28:37,840 --> 16:28:40,636 somebody to feel like they're really 24746 16:28:39,040 --> 16:28:42,680 special that there's something 24747 16:28:40,636 --> 16:28:43,636 intriguing that they want to click on it 24748 16:28:42,680 --> 16:28:46,520 that's the kind of stuff that you want 24749 16:28:43,636 --> 16:28:48,080 to cover in your main body of your 24750 16:28:46,520 --> 16:28:50,080 campaign so you definitely want to have 24751 16:28:48,080 --> 16:28:52,956 a call to action shop for Mom 24752 16:28:50,080 --> 16:28:55,756 specifically for Mom we could say 24753 16:28:52,956 --> 16:28:59,000 because 24754 16:28:55,756 --> 16:28:59,000 we know you love your 24755 16:28:59,080 --> 16:29:04,436 mom so 24756 16:29:01,000 --> 16:29:04,436 much we are 24757 16:29:11,840 --> 16:29:15,680 offering to get her 24758 16:29:18,116 --> 16:29:22,956 something she'll actually wear 24759 16:29:25,200 --> 16:29:31,160 just use the 24760 16:29:27,720 --> 16:29:31,160 code mother 24761 16:29:33,880 --> 16:29:41,840 15 or click the link below for the 24762 16:29:38,436 --> 16:29:43,520 discount to be 24763 16:29:41,840 --> 16:29:46,520 automatically 24764 16:29:43,520 --> 16:29:46,520 applied 24765 16:29:48,796 --> 16:29:54,636 to we can delete this section and we can 24766 16:29:51,756 --> 16:29:56,400 just move this up 24767 16:29:54,636 --> 16:29:58,000 so once you have a template made it's 24768 16:29:56,400 --> 16:29:59,720 really easy to just mix some things 24769 16:29:58,000 --> 16:30:02,200 around and change it up and make it 24770 16:29:59,720 --> 16:30:03,636 easier for your customer so the last 24771 16:30:02,200 --> 16:30:05,476 thing that I would like to do is just go 24772 16:30:03,636 --> 16:30:07,436 back and highlight some of the bigger 24773 16:30:05,476 --> 16:30:09,276 things well Mother's Day is on May 12th 24774 16:30:07,436 --> 16:30:12,240 because that's pretty important new 24775 16:30:09,276 --> 16:30:14,200 designs specifically for Mom or here 24776 16:30:12,240 --> 16:30:16,636 let's take out 24777 16:30:14,200 --> 16:30:18,080 specifically and then because we know 24778 16:30:16,636 --> 16:30:21,040 you love your mom so much we're offering 24779 16:30:18,080 --> 16:30:23,956 a 15% discount and then we can just say 24780 16:30:21,040 --> 16:30:25,240 use the code mother 15 or click the link 24781 16:30:23,956 --> 16:30:27,320 below for the discount to be 24782 16:30:25,240 --> 16:30:31,796 automatically applied at checkout and 24783 16:30:27,320 --> 16:30:31,796 then there is the link and you can 24784 16:30:32,520 --> 16:30:37,956 say really anything that you want but 24785 16:30:34,756 --> 16:30:37,956 you could say click for 24786 16:30:38,476 --> 16:30:42,840 15% click for 15% discount and then you 24787 16:30:41,720 --> 16:30:45,160 can always check what it's going to look 24788 16:30:42,840 --> 16:30:46,596 like in Mobile so if somebody's opening 24789 16:30:45,160 --> 16:30:48,560 this up on their phone this is what 24790 16:30:46,596 --> 16:30:50,000 they're going to see most people are 24791 16:30:48,560 --> 16:30:51,520 checking things on their phone most 24792 16:30:50,000 --> 16:30:53,276 people are checking out on their phone 24793 16:30:51,520 --> 16:30:56,116 too so making sure that your emails are 24794 16:30:53,276 --> 16:30:58,160 optimized for mobile as well as your 24795 16:30:56,116 --> 16:31:00,040 site is really important but we have the 24796 16:30:58,160 --> 16:31:02,360 nice header they know it's from seasonal 24797 16:31:00,040 --> 16:31:04,560 collections it's got our logo we've got 24798 16:31:02,360 --> 16:31:06,240 two call to actions for people to click 24799 16:31:04,560 --> 16:31:08,476 the button and shop for their mom 24800 16:31:06,240 --> 16:31:10,000 Mother's Day now if this was a perfect 24801 16:31:08,476 --> 16:31:11,756 world we would already have instead of 24802 16:31:10,000 --> 16:31:13,880 this saying happy it could be like happy 24803 16:31:11,756 --> 16:31:16,116 mom or something from that brand new 24804 16:31:13,880 --> 16:31:17,596 collection that we think would be like a 24805 16:31:16,116 --> 16:31:19,680 top seller or something that would do 24806 16:31:17,596 --> 16:31:21,080 really well or catch somebody's eye 24807 16:31:19,680 --> 16:31:22,796 that's what we would want to include as 24808 16:31:21,080 --> 16:31:24,560 like our image again I don't have a 24809 16:31:22,796 --> 16:31:26,560 Mother's Day image at the moment just 24810 16:31:24,560 --> 16:31:27,956 because we haven't touched upon that yet 24811 16:31:26,560 --> 16:31:29,720 but that would be a great thing to add 24812 16:31:27,956 --> 16:31:31,080 so it just Loops it all back in so you 24813 16:31:29,720 --> 16:31:32,756 have Mother's Day you have the discount 24814 16:31:31,080 --> 16:31:34,240 your two call to actions you got the 24815 16:31:32,756 --> 16:31:36,476 Mother's Day shirt they can click on the 24816 16:31:34,240 --> 16:31:38,276 shirt to go to the site as well but yeah 24817 16:31:36,476 --> 16:31:40,000 this would be a really good campaign 24818 16:31:38,276 --> 16:31:42,796 email so once you're done you're just 24819 16:31:40,000 --> 16:31:44,796 going to click save make sure everything 24820 16:31:42,796 --> 16:31:46,956 gets saved and you can double check all 24821 16:31:44,796 --> 16:31:48,720 of your stuff like yep these were all 24822 16:31:46,956 --> 16:31:50,596 the changes that we just made it's 24823 16:31:48,720 --> 16:31:54,756 optimized for mobile so that looks 24824 16:31:50,596 --> 16:31:57,320 really good and yeah you can click this 24825 16:31:54,756 --> 16:31:59,116 as well and it'll pull up your preview 24826 16:31:57,320 --> 16:32:00,840 again I always click my preview and 24827 16:31:59,116 --> 16:32:03,080 double check I want to make sure all of 24828 16:32:00,840 --> 16:32:05,400 my links actually work as you can see I 24829 16:32:03,080 --> 16:32:07,436 didn't add the links because I don't 24830 16:32:05,400 --> 16:32:08,916 have the discount or the shirt ready at 24831 16:32:07,436 --> 16:32:10,720 this point but you want to make sure 24832 16:32:08,916 --> 16:32:12,756 that those links work that they're going 24833 16:32:10,720 --> 16:32:15,436 to the right place the right discount 24834 16:32:12,756 --> 16:32:18,160 Etc our subject line looks good preview 24835 16:32:15,436 --> 16:32:21,116 text looks good and last but not least 24836 16:32:18,160 --> 16:32:23,400 you can see this create an AP test this 24837 16:32:21,116 --> 16:32:25,840 is where we can set up a split test 24838 16:32:23,400 --> 16:32:28,636 which is great especially for campaigns 24839 16:32:25,840 --> 16:32:31,276 campaigns I like to send two to three 24840 16:32:28,636 --> 16:32:33,636 per week sometimes just telling people 24841 16:32:31,276 --> 16:32:35,956 you can talk about a design and like why 24842 16:32:33,636 --> 16:32:37,680 you created this design and how it works 24843 16:32:35,956 --> 16:32:40,436 with your Niche or why people in the 24844 16:32:37,680 --> 16:32:42,916 niche would love it you could run a sale 24845 16:32:40,436 --> 16:32:44,840 over a weekend and have two emails about 24846 16:32:42,916 --> 16:32:47,756 this sale that you're running but you 24847 16:32:44,840 --> 16:32:50,080 can also do this create an AB test so if 24848 16:32:47,756 --> 16:32:52,240 you click this you're going to see a 24849 16:32:50,080 --> 16:32:54,160 drop down and you can test different 24850 16:32:52,240 --> 16:32:56,360 things you can test the content you 24851 16:32:54,160 --> 16:32:58,596 could send two different emails with two 24852 16:32:56,360 --> 16:33:02,400 different offers you could try an offer 24853 16:32:58,596 --> 16:33:04,320 with 15% and 177% and see what do people 24854 16:33:02,400 --> 16:33:06,360 click on more there's a bunch of 24855 16:33:04,320 --> 16:33:08,520 information out there about like 24856 16:33:06,360 --> 16:33:10,520 psychology with discounts and some 24857 16:33:08,520 --> 16:33:11,916 people are more likely to click a 24858 16:33:10,520 --> 16:33:15,080 discount with 24859 16:33:11,916 --> 16:33:16,916 133% versus 15 you're like it makes no 24860 16:33:15,080 --> 16:33:18,636 sense you get less of a discount but 24861 16:33:16,916 --> 16:33:20,560 it's something about the psychology of 24862 16:33:18,636 --> 16:33:22,116 the number and like tricking your mind 24863 16:33:20,560 --> 16:33:24,040 almost and the same thing can go with 24864 16:33:22,116 --> 16:33:26,000 pricing psychology as well like Chris 24865 16:33:24,040 --> 16:33:28,880 and I ran a split test where we tried 24866 16:33:26,000 --> 16:33:32,596 selling our shirts at $1 199.99 $26.99 24867 16:33:28,880 --> 16:33:35,040 and $29.99 and $26.99 one you'd think 24868 16:33:32,596 --> 16:33:36,916 more people would want to buy the $1999 24869 16:33:35,040 --> 16:33:39,200 shirt and it just wasn't the case at 24870 16:33:36,916 --> 16:33:40,756 least for our split test and for the 24871 16:33:39,200 --> 16:33:42,560 traffic that was coming to our site and 24872 16:33:40,756 --> 16:33:44,636 the same can go for your emails so you 24873 16:33:42,560 --> 16:33:47,956 can split test different subject lines 24874 16:33:44,636 --> 16:33:50,720 you can just do preview texts you can do 24875 16:33:47,956 --> 16:33:53,476 even split test open rate which I don't 24876 16:33:50,720 --> 16:33:55,276 suggest because ever since Apple made 24877 16:33:53,476 --> 16:33:58,160 the updates and like Google has made 24878 16:33:55,276 --> 16:34:00,796 recent updates as well open rate isn't 24879 16:33:58,160 --> 16:34:02,756 as reliable as like the tracking was 24880 16:34:00,796 --> 16:34:04,360 before so if you do click rate that 24881 16:34:02,756 --> 16:34:07,200 means somebody has had to open that 24882 16:34:04,360 --> 16:34:09,360 email and actually clicked on the link 24883 16:34:07,200 --> 16:34:11,360 something in your email to open up to 24884 16:34:09,360 --> 16:34:13,880 your site so that's a really great way 24885 16:34:11,360 --> 16:34:15,400 to track and see what are people 24886 16:34:13,880 --> 16:34:17,436 clicking and this would be a good one 24887 16:34:15,400 --> 16:34:20,880 for like a subject line or the preview 24888 16:34:17,436 --> 16:34:23,756 text or something within the body of 24889 16:34:20,880 --> 16:34:25,916 your campaign to see who is clicking 24890 16:34:23,756 --> 16:34:27,880 more you could also split test the color 24891 16:34:25,916 --> 16:34:29,596 of your button our buttons were green 24892 16:34:27,880 --> 16:34:32,000 would people click more if they were 24893 16:34:29,596 --> 16:34:34,476 pink or if they were red you can look 24894 16:34:32,000 --> 16:34:36,320 into some different color psychology and 24895 16:34:34,476 --> 16:34:38,436 test that out as well and see which 24896 16:34:36,320 --> 16:34:40,240 campaigns actually perform better are 24897 16:34:38,436 --> 16:34:42,160 people clicking more on them or more 24898 16:34:40,240 --> 16:34:45,240 people making purchases so this is a 24899 16:34:42,160 --> 16:34:47,840 really great tool to use you can also 24900 16:34:45,240 --> 16:34:50,400 split test send time so this is 24901 16:34:47,840 --> 16:34:52,040 interesting because are your customers 24902 16:34:50,400 --> 16:34:53,320 do they like to purchase in the morning 24903 16:34:52,040 --> 16:34:55,276 or do they like to purchase in the 24904 16:34:53,320 --> 16:34:56,840 evening you can see when do people click 24905 16:34:55,276 --> 16:34:58,956 more are they clicking on their lunch 24906 16:34:56,840 --> 16:35:00,320 break or are they clicking after they've 24907 16:34:58,956 --> 16:35:02,360 had a long day and they're just like 24908 16:35:00,320 --> 16:35:04,916 sitting in bed and scrolling so you can 24909 16:35:02,360 --> 16:35:06,476 even split test the time of day and once 24910 16:35:04,916 --> 16:35:08,436 you've decided what you would like that 24911 16:35:06,476 --> 16:35:10,200 split test to be and what you would like 24912 16:35:08,436 --> 16:35:13,756 it to look like you can decide how many 24913 16:35:10,200 --> 16:35:16,320 people are going to receive this so 100% 24914 16:35:13,756 --> 16:35:18,520 means 50% are going to automatically get 24915 16:35:16,320 --> 16:35:21,116 a and 50% are automatically going to get 24916 16:35:18,520 --> 16:35:23,596 big or we can run the split test like 24917 16:35:21,116 --> 16:35:27,000 this we can say let's send this a 24918 16:35:23,596 --> 16:35:29,116 initial split test let's send it to 30% 24919 16:35:27,000 --> 16:35:31,720 of our overall customers that are 24920 16:35:29,116 --> 16:35:34,476 getting it so imagine if this is 10,000 24921 16:35:31,720 --> 16:35:36,680 people 3,000 are actually going to get 24922 16:35:34,476 --> 16:35:38,880 the initial send out of this email and 24923 16:35:36,680 --> 16:35:41,400 then from that 3,000 we're looking at 24924 16:35:38,880 --> 16:35:44,276 that information which email got more 24925 16:35:41,400 --> 16:35:46,636 clicks version a or version B if version 24926 16:35:44,276 --> 16:35:50,276 B wins people liked that subject line 24927 16:35:46,636 --> 16:35:53,160 more clavo will send the remaining 7,000 24928 16:35:50,276 --> 16:35:55,160 customers only version B because we ran 24929 16:35:53,160 --> 16:35:57,276 that test test and it showed version B 24930 16:35:55,160 --> 16:35:59,040 had a better subject line people were 24931 16:35:57,276 --> 16:36:01,160 opening that email and clicking that 24932 16:35:59,040 --> 16:36:03,796 email more for whatever reason whatever 24933 16:36:01,160 --> 16:36:07,080 we changed and then hopefully with that 24934 16:36:03,796 --> 16:36:08,916 70% we see similar Trends to that 24935 16:36:07,080 --> 16:36:11,360 initial split test that we originally 24936 16:36:08,916 --> 16:36:13,116 ran and we had a really great campaign 24937 16:36:11,360 --> 16:36:15,320 we made a ton of money yay it was 24938 16:36:13,116 --> 16:36:17,360 awesome the last part that you can 24939 16:36:15,320 --> 16:36:19,956 change is how long you want this split 24940 16:36:17,360 --> 16:36:22,560 test to run so if I want to to send this 24941 16:36:19,956 --> 16:36:24,796 30% out I could give clavio a total of 6 24942 16:36:22,560 --> 16:36:26,680 hours hey give give these customers 6 24943 16:36:24,796 --> 16:36:28,796 hours let's see how they interact with 24944 16:36:26,680 --> 16:36:31,200 this email and then from there we can 24945 16:36:28,796 --> 16:36:33,000 send out the rest this can all be 24946 16:36:31,200 --> 16:36:34,756 changed you could run a split test for 24947 16:36:33,000 --> 16:36:37,040 almost a full day before sending it out 24948 16:36:34,756 --> 16:36:38,200 to the next group or wait an hour if 24949 16:36:37,040 --> 16:36:40,520 you're waiting an hour you're not going 24950 16:36:38,200 --> 16:36:42,756 to get a ton of information I typically 24951 16:36:40,520 --> 16:36:45,360 will do 4 hours I feel like that's at 24952 16:36:42,756 --> 16:36:47,520 least enough time that it's still like 24953 16:36:45,360 --> 16:36:49,320 in around the time that I would want to 24954 16:36:47,520 --> 16:36:51,720 send a campaign so it's not split 24955 16:36:49,320 --> 16:36:54,040 testing the send time as much and more 24956 16:36:51,720 --> 16:36:56,956 just like split testing the content 24957 16:36:54,040 --> 16:36:59,916 within it so after 4 hours the 70% of 24958 16:36:56,956 --> 16:37:02,160 the group would get the winning email so 24959 16:36:59,916 --> 16:37:04,320 this is a really great way to test 24960 16:37:02,160 --> 16:37:06,520 different offers test different subject 24961 16:37:04,320 --> 16:37:09,880 lines test different colors heck you 24962 16:37:06,520 --> 16:37:12,520 could test just having text versus an 24963 16:37:09,880 --> 16:37:15,000 email with your banner a background 24964 16:37:12,520 --> 16:37:17,116 color what are people clicking on are 24965 16:37:15,000 --> 16:37:19,116 you know your customers older and they 24966 16:37:17,116 --> 16:37:21,520 just would prefer text just like a 24967 16:37:19,116 --> 16:37:23,756 normal text email or are they younger 24968 16:37:21,520 --> 16:37:25,756 and they want that bright and colorful 24969 16:37:23,756 --> 16:37:28,240 email these are all things that you can 24970 16:37:25,756 --> 16:37:30,040 test out in your campaigns and they do a 24971 16:37:28,240 --> 16:37:32,320 really great job with making it super 24972 16:37:30,040 --> 16:37:34,276 easy to do so yeah this is how you would 24973 16:37:32,320 --> 16:37:36,436 set up a campaign this is an example 24974 16:37:34,276 --> 16:37:39,040 that we would use again our best practi 24975 16:37:36,436 --> 16:37:41,240 is we email about two to three times per 24976 16:37:39,040 --> 16:37:43,116 week for our campaigns so yeah I hope 24977 16:37:41,240 --> 16:37:44,880 that you enjoyed this again check out 24978 16:37:43,116 --> 16:37:46,840 all the links that are somewhere around 24979 16:37:44,880 --> 16:37:49,680 this video of how we've set up our 24980 16:37:46,840 --> 16:37:52,720 clavio account from our listen segments 24981 16:37:49,680 --> 16:37:54,596 to our flows so take a quick look at 24982 16:37:52,720 --> 16:37:56,080 link somewhere around this video the 24983 16:37:54,596 --> 16:37:57,796 different information that we've given 24984 16:37:56,080 --> 16:37:59,956 about clavio again I've taken 24985 16:37:57,796 --> 16:38:02,040 screenshots of how I've set up our flows 24986 16:37:59,956 --> 16:38:04,840 how I've set up our segments and the 24987 16:38:02,040 --> 16:38:07,680 content that we put into those emails so 24988 16:38:04,840 --> 16:38:10,400 take a look set them up on your account 24989 16:38:07,680 --> 16:38:13,610 and yeah let's start making a nice 20 to 24990 16:38:10,400 --> 16:38:24,720 30% of our revenue from email marketing 24991 16:38:13,610 --> 16:38:26,276 [Music] 24992 16:38:24,720 --> 16:38:29,520 in this module we're going to be going 24993 16:38:26,276 --> 16:38:31,680 over how to set up your email popup on 24994 16:38:29,520 --> 16:38:32,720 your Shopify store so in order to do 24995 16:38:31,680 --> 16:38:34,560 this you're going to want to head over 24996 16:38:32,720 --> 16:38:37,040 to your clavio account where we can 24997 16:38:34,560 --> 16:38:39,080 actually set up this email popup to show 24998 16:38:37,040 --> 16:38:41,520 up when a customer is about to leave 24999 16:38:39,080 --> 16:38:43,560 your page so as you can see we're here 25000 16:38:41,520 --> 16:38:46,200 in the clavio dashboard you're going to 25001 16:38:43,560 --> 16:38:49,880 go to the Le hand side and click sign up 25002 16:38:46,200 --> 16:38:52,200 forms and then we can create a sign up 25003 16:38:49,880 --> 16:38:54,276 form there are a bunch of different 25004 16:38:52,200 --> 16:38:56,436 templates that you can choose from they 25005 16:38:54,276 --> 16:38:58,560 really have something for everybody so 25006 16:38:56,436 --> 16:39:00,880 just take your time go through them see 25007 16:38:58,560 --> 16:39:04,436 which one will work best for your brand 25008 16:39:00,880 --> 16:39:07,240 one that we use in is this in the club 25009 16:39:04,436 --> 16:39:09,916 template we'll just rename it welcome 25010 16:39:07,240 --> 16:39:12,596 pop up and then 25011 16:39:09,916 --> 16:39:14,956 newsletter so as you can see we are now 25012 16:39:12,596 --> 16:39:17,200 in like the template Builder mode and 25013 16:39:14,956 --> 16:39:19,276 this is where we can basically edit and 25014 16:39:17,200 --> 16:39:23,840 adapt everything that you see on this 25015 16:39:19,276 --> 16:39:25,560 page so feel free to just play around 25016 16:39:23,840 --> 16:39:27,840 and come up with something that you like 25017 16:39:25,560 --> 16:39:27,840 for your 25018 16:39:28,040 --> 16:39:32,880 brand you can add blocks so if you go 25019 16:39:30,956 --> 16:39:34,040 back you have your different styles 25020 16:39:32,880 --> 16:39:36,040 there's different targeting and 25021 16:39:34,040 --> 16:39:37,880 behaviors that you can set up and then 25022 16:39:36,040 --> 16:39:40,200 you can add different blocks so if you 25023 16:39:37,880 --> 16:39:42,320 would want to add another image you 25024 16:39:40,200 --> 16:39:46,160 could or add another button you will 25025 16:39:42,320 --> 16:39:50,596 just drag and drop those in so see like 25026 16:39:46,160 --> 16:39:52,320 a new button is here we can add text 25027 16:39:50,596 --> 16:39:55,240 underneath if we wanted to look 25028 16:39:52,320 --> 16:39:55,240 something like this 25029 16:39:56,320 --> 16:40:00,476 I'll probably just Center this up a 25030 16:39:58,000 --> 16:40:03,476 little bit so yeah just take your time 25031 16:40:00,476 --> 16:40:08,520 go through edit some stuff out I'll show 25032 16:40:03,476 --> 16:40:08,520 you what I would do for our 25033 16:40:09,000 --> 16:40:17,520 brand I would change this button to this 25034 16:40:13,320 --> 16:40:21,520 is the text color I 25035 16:40:17,520 --> 16:40:21,520 believe yeah 25036 16:40:31,276 --> 16:40:34,680 you got to have this portion here 25037 16:40:33,276 --> 16:40:36,720 otherwise people can't put in their 25038 16:40:34,680 --> 16:40:38,276 email address and that's the main point 25039 16:40:36,720 --> 16:40:40,476 of this popup we want to be collecting 25040 16:40:38,276 --> 16:40:43,400 those email addresses you can also set 25041 16:40:40,476 --> 16:40:46,040 this up to collect phone numbers as well 25042 16:40:43,400 --> 16:40:47,680 if you want to do some SMS marketing we 25043 16:40:46,040 --> 16:40:49,796 sometimes do it it honestly depends on 25044 16:40:47,680 --> 16:40:51,200 the brand depending on your clientele I 25045 16:40:49,796 --> 16:40:52,916 feel like if you have a brand that goes 25046 16:40:51,200 --> 16:40:54,636 towards younger people you can do really 25047 16:40:52,916 --> 16:40:57,080 well with with texting a lot of Our 25048 16:40:54,636 --> 16:41:00,360 Brands tend to Target older individuals 25049 16:40:57,080 --> 16:41:02,596 who respond better to email versus text 25050 16:41:00,360 --> 16:41:04,560 so you can definitely split test that 25051 16:41:02,596 --> 16:41:06,436 and see what you end up having better 25052 16:41:04,560 --> 16:41:09,240 results with whether that be people 25053 16:41:06,436 --> 16:41:11,916 opening and clicking on emails or people 25054 16:41:09,240 --> 16:41:13,360 opening and clicking on text messages or 25055 16:41:11,916 --> 16:41:15,116 you can do a little bit of both that 25056 16:41:13,360 --> 16:41:17,596 works too you can set up different 25057 16:41:15,116 --> 16:41:19,596 segments if you find an area that tends 25058 16:41:17,596 --> 16:41:22,040 to respond better for SMS you can just 25059 16:41:19,596 --> 16:41:24,040 segment those people to get the text 25060 16:41:22,040 --> 16:41:26,436 messages and then and we'll just switch 25061 16:41:24,040 --> 16:41:29,080 out this image here and then if you see 25062 16:41:26,436 --> 16:41:30,956 at the top I don't want a teaser delete 25063 16:41:29,080 --> 16:41:32,956 the teaser I don't like a little teaser 25064 16:41:30,956 --> 16:41:34,596 that it pops up I feel like people get 25065 16:41:32,956 --> 16:41:36,080 annoyed with that you can definitely try 25066 16:41:34,596 --> 16:41:37,880 it though and see if it works for you 25067 16:41:36,080 --> 16:41:39,796 but if you did want to add other steps 25068 16:41:37,880 --> 16:41:42,320 in you would just add and you can do 25069 16:41:39,796 --> 16:41:44,240 addon an SMS optin people can put in 25070 16:41:42,320 --> 16:41:46,400 their profile information right off the 25071 16:41:44,240 --> 16:41:48,520 bat or you can do like a blank step and 25072 16:41:46,400 --> 16:41:50,360 just say hey like thanks for submitting 25073 16:41:48,520 --> 16:41:53,240 or whatever this one's going to say 25074 16:41:50,360 --> 16:41:56,160 you're in the club and they'll get a 25075 16:41:53,240 --> 16:41:58,756 nice coupon so if you do this unique 25076 16:41:56,160 --> 16:42:00,916 coupon this basically will create a 25077 16:41:58,756 --> 16:42:04,116 unique coupon within Shopify so we can 25078 16:42:00,916 --> 16:42:04,116 click this 25079 16:42:10,040 --> 16:42:14,636 name 25080 16:42:11,636 --> 16:42:14,636 expiration 25081 16:42:15,320 --> 16:42:20,080 never we'll give them a week entire 25082 16:42:18,276 --> 16:42:22,276 order we don't require a minimum 25083 16:42:20,080 --> 16:42:24,080 purchase they can activate it right at 25084 16:42:22,276 --> 16:42:26,240 the same time you could activate it 25085 16:42:24,080 --> 16:42:28,160 later if you wanted to some brands do 25086 16:42:26,240 --> 16:42:29,756 that we just give it the second that 25087 16:42:28,160 --> 16:42:32,160 people put in their email address that 25088 16:42:29,756 --> 16:42:35,880 seems to have the best conversion rate 25089 16:42:32,160 --> 16:42:38,560 okay Prett Shopify coupon okay cool and 25090 16:42:35,880 --> 16:42:42,476 then you can put another image here say 25091 16:42:38,560 --> 16:42:44,240 like welcome welcome to the club gets 25092 16:42:42,476 --> 16:42:46,636 people excited about making some 25093 16:42:44,240 --> 16:42:48,160 purchases buying some T-shirts so yeah 25094 16:42:46,636 --> 16:42:49,756 this is just what I would do to set this 25095 16:42:48,160 --> 16:42:52,320 up and then I'm just going to add in 25096 16:42:49,756 --> 16:42:54,276 images that I make in canva and you can 25097 16:42:52,320 --> 16:42:55,880 do this by just taking these 25098 16:42:54,276 --> 16:42:57,636 measurements right at the top plugging 25099 16:42:55,880 --> 16:42:59,916 them into canvas so you get the exact 25100 16:42:57,636 --> 16:43:01,320 same size of the image and then you can 25101 16:42:59,916 --> 16:43:03,596 just upload it and you know that it's 25102 16:43:01,320 --> 16:43:05,476 going to fit really nice and look really 25103 16:43:03,596 --> 16:43:08,000 great so I'm going to snag those images 25104 16:43:05,476 --> 16:43:11,320 real fast and then I'll show you the end 25105 16:43:08,000 --> 16:43:13,116 result okay so I made this little image 25106 16:43:11,320 --> 16:43:14,840 in canva which just kind of works with 25107 16:43:13,116 --> 16:43:16,720 our brand it shows a tree with what 25108 16:43:14,840 --> 16:43:19,240 happens to a tree during the changing 25109 16:43:16,720 --> 16:43:23,276 seasons which just works for our Niche 25110 16:43:19,240 --> 16:43:24,880 and then we can do the same image here 25111 16:43:23,276 --> 16:43:26,680 and there you have it so they'll get 25112 16:43:24,880 --> 16:43:28,756 their coupon code after they've 25113 16:43:26,680 --> 16:43:30,476 submitted their email but all this looks 25114 16:43:28,756 --> 16:43:32,520 pretty good I like the look of it it's 25115 16:43:30,476 --> 16:43:35,000 nice and bright it catches the eye of 25116 16:43:32,520 --> 16:43:36,476 somebody may stop them from you know 25117 16:43:35,000 --> 16:43:38,476 browsing and instead of just clicking 25118 16:43:36,476 --> 16:43:41,240 the X it's eye-catching and who doesn't 25119 16:43:38,476 --> 16:43:42,400 like a discount so this is what I would 25120 16:43:41,240 --> 16:43:45,436 do 25121 16:43:42,400 --> 16:43:47,680 to put this on the store so what we can 25122 16:43:45,436 --> 16:43:50,040 then do is Click publish when you're 25123 16:43:47,680 --> 16:43:52,200 ready and there you have it targeting 25124 16:43:50,040 --> 16:43:55,240 Behavior sorry one last thing 25125 16:43:52,200 --> 16:43:58,756 immediately $5 these you do based on 25126 16:43:55,240 --> 16:44:01,160 rules and then when a visitor is exiting 25127 16:43:58,756 --> 16:44:03,160 the page you can also turn on this lead 25128 16:44:01,160 --> 16:44:04,796 capture this is something that Shopify 25129 16:44:03,160 --> 16:44:07,000 has with their Shop app we don't 25130 16:44:04,796 --> 16:44:08,320 typically turn that on though so we'll 25131 16:44:07,000 --> 16:44:11,116 just publish these 25132 16:44:08,320 --> 16:44:12,636 changes and so when somebody goes to the 25133 16:44:11,116 --> 16:44:14,956 corner of the screen or it seems like 25134 16:44:12,636 --> 16:44:17,000 they're going to exit your site this 25135 16:44:14,956 --> 16:44:18,756 popup will come up and hopefully it 25136 16:44:17,000 --> 16:44:20,476 keeps somebody's attention and gets them 25137 16:44:18,756 --> 16:44:22,520 to go oh you know what now that I get 25138 16:44:20,476 --> 16:44:24,840 15% off I would be willing to pay that 25139 16:44:22,520 --> 16:44:26,916 much for this shirt or this hoodie or 25140 16:44:24,840 --> 16:44:28,880 mug whatever kind of print on demand 25141 16:44:26,916 --> 16:44:30,436 product that you'd want to be selling 25142 16:44:28,880 --> 16:44:32,520 yeah this is how you can set up your 25143 16:44:30,436 --> 16:44:35,520 email pop up and as you can see it says 25144 16:44:32,520 --> 16:44:37,560 live if it's not live it will say draft 25145 16:44:35,520 --> 16:44:39,956 so you know that there are things that 25146 16:44:37,560 --> 16:44:42,116 you have to make changes to don't be 25147 16:44:39,956 --> 16:44:43,956 shocked that the performance is poor 25148 16:44:42,116 --> 16:44:46,160 that's just because no one's being sent 25149 16:44:43,956 --> 16:44:47,636 to our site once it's been up and 25150 16:44:46,160 --> 16:44:49,160 running for a little bit you'll be able 25151 16:44:47,636 --> 16:44:51,520 to see how many people have submitted 25152 16:44:49,160 --> 16:44:53,276 forms and it'll give you kind of like a 25153 16:44:51,520 --> 16:44:55,040 conversion rate of how many people have 25154 16:44:53,276 --> 16:44:57,160 actually submitted forms that were 25155 16:44:55,040 --> 16:44:58,840 presented your popup and so you can take 25156 16:44:57,160 --> 16:45:00,560 a look at that and you can even run a 25157 16:44:58,840 --> 16:45:03,080 split test and see like does one image 25158 16:45:00,560 --> 16:45:04,276 work or does a different template work 25159 16:45:03,080 --> 16:45:05,880 better than the one that I've just 25160 16:45:04,276 --> 16:45:08,240 selected and you can kind of just play 25161 16:45:05,880 --> 16:45:10,200 around with it and see what has a better 25162 16:45:08,240 --> 16:45:11,680 submit rate because the more emails that 25163 16:45:10,200 --> 16:45:13,916 you have then the more people you can 25164 16:45:11,680 --> 16:45:16,200 Market to again and again and again it's 25165 16:45:13,916 --> 16:45:18,680 a little less work than trying to get 25166 16:45:16,200 --> 16:45:21,360 brand new customers off of like through 25167 16:45:18,680 --> 16:45:23,670 your Facebook advertising so this is how 25168 16:45:21,360 --> 16:45:32,160 you can set up your own email popup 25169 16:45:23,670 --> 16:45:32,160 [Music] 25170 16:45:34,636 --> 16:45:39,636 up the ultimate goal of this module is 25171 16:45:37,360 --> 16:45:41,636 to get our businesses to a point where 25172 16:45:39,636 --> 16:45:44,956 it is able to run like a well-oiled 25173 16:45:41,636 --> 16:45:47,200 machine whether if we are there or not 25174 16:45:44,956 --> 16:45:48,796 and this is really the backbone of our 25175 16:45:47,200 --> 16:45:51,680 business this is the thing that's going 25176 16:45:48,796 --> 16:45:53,596 to build real equity and value for a 25177 16:45:51,680 --> 16:45:56,200 potential buyer down the road and it 25178 16:45:53,596 --> 16:45:58,880 also allows us to turn it into a 25179 16:45:56,200 --> 16:46:01,080 Lifestyle brand if we choose or grow it 25180 16:45:58,880 --> 16:46:02,160 to seven and even eight figures if 25181 16:46:01,080 --> 16:46:04,320 that's the route that you want to go 25182 16:46:02,160 --> 16:46:07,680 thinking back to Robert kiyosaki's cash 25183 16:46:04,320 --> 16:46:10,360 flow quadrant from way back in uh module 25184 16:46:07,680 --> 16:46:11,880 one this takes us from self-employed 25185 16:46:10,360 --> 16:46:13,436 which is what the point that we're all 25186 16:46:11,880 --> 16:46:15,116 at as we're like building this and 25187 16:46:13,436 --> 16:46:17,476 running it oursel we're essentially just 25188 16:46:15,116 --> 16:46:19,360 self-employed we have an LLC but still 25189 16:46:17,476 --> 16:46:21,880 just self-employed it's a business owner 25190 16:46:19,360 --> 16:46:23,956 where the key difference is instead of 25191 16:46:21,880 --> 16:46:25,596 working in the business we're working on 25192 16:46:23,956 --> 16:46:27,436 the business and at the root of this all 25193 16:46:25,596 --> 16:46:29,880 it comes down to understanding what the 25194 16:46:27,436 --> 16:46:31,520 core processes are within your business 25195 16:46:29,880 --> 16:46:33,720 making sure they are done extremely well 25196 16:46:31,520 --> 16:46:36,276 on a consistent basis before trying to 25197 16:46:33,720 --> 16:46:38,040 add on some shiny new OP and that's a 25198 16:46:36,276 --> 16:46:40,000 mistake that I've made all too many 25199 16:46:38,040 --> 16:46:42,200 times where we're cruising along you 25200 16:46:40,000 --> 16:46:44,276 know got a collection that's doing well 25201 16:46:42,200 --> 16:46:46,160 I've launched the ads we're profitable 25202 16:46:44,276 --> 16:46:48,040 and then I have a great new idea of oh 25203 16:46:46,160 --> 16:46:51,000 let's go launch on Amazon before I've 25204 16:46:48,040 --> 16:46:53,476 solidified anything that I did or was 25205 16:46:51,000 --> 16:46:56,916 currently doing to get us to that point 25206 16:46:53,476 --> 16:46:58,596 so I'm hoping to help some of you avoid 25207 16:46:56,916 --> 16:47:00,200 making that same mistake CU it ends up 25208 16:46:58,596 --> 16:47:02,680 setting you back a lot every time it 25209 16:47:00,200 --> 16:47:05,116 happens so lesson one is going to be 25210 16:47:02,680 --> 16:47:06,756 about our financials which this is how 25211 16:47:05,116 --> 16:47:08,796 to run your profit and loss statements 25212 16:47:06,756 --> 16:47:10,240 your balance sheet cash flow management 25213 16:47:08,796 --> 16:47:12,436 all of that kind of stuff all the 25214 16:47:10,240 --> 16:47:14,360 backend stuff that really gives you like 25215 16:47:12,436 --> 16:47:16,400 a finger finger to the pulse of the 25216 16:47:14,360 --> 16:47:18,476 business and helps you understand kind 25217 16:47:16,400 --> 16:47:20,160 of like a really good CFO would do in 25218 16:47:18,476 --> 16:47:21,840 like a bigger company you're going to be 25219 16:47:20,160 --> 16:47:24,796 basically wearing the CFO hat within 25220 16:47:21,840 --> 16:47:26,680 your own lesson is customer service so 25221 16:47:24,796 --> 16:47:28,400 how do we not just answer the customer 25222 16:47:26,680 --> 16:47:30,360 service tickets social media comments 25223 16:47:28,400 --> 16:47:31,720 complaints refunds chargebacks all that 25224 16:47:30,360 --> 16:47:33,756 kind of good stuff but how do we 25225 16:47:31,720 --> 16:47:35,916 systematize it and quickly Elevate 25226 16:47:33,756 --> 16:47:38,476 ourselves out of that spot and lesson 25227 16:47:35,916 --> 16:47:40,200 three is day-to-day operations so what 25228 16:47:38,476 --> 16:47:42,116 day in the life looks like how you can 25229 16:47:40,200 --> 16:47:43,436 be allocating your time and what a day 25230 16:47:42,116 --> 16:47:45,080 in the life looks like when you're 25231 16:47:43,436 --> 16:47:47,796 starting out and you're doing all this 25232 16:47:45,080 --> 16:47:49,636 yourself then the first phase of what 25233 16:47:47,796 --> 16:47:51,680 you can be hiring for where you should 25234 16:47:49,636 --> 16:47:53,636 be looking to Outsource first and 25235 16:47:51,680 --> 16:47:55,400 Elevate yourself like should you be you 25236 16:47:53,636 --> 16:47:57,560 know hiring customer service first or 25237 16:47:55,400 --> 16:47:59,956 marketing or product development like 25238 16:47:57,560 --> 16:48:01,956 where like in our experience the best 25239 16:47:59,956 --> 16:48:03,720 plac is to be systematizing first we're 25240 16:48:01,956 --> 16:48:04,840 going to go through that and then once 25241 16:48:03,720 --> 16:48:06,880 you're fully 25242 16:48:04,840 --> 16:48:08,360 systematized what can your day-to-day 25243 16:48:06,880 --> 16:48:10,000 look like where are you spending your 25244 16:48:08,360 --> 16:48:12,200 time what types of problems are you 25245 16:48:10,000 --> 16:48:14,756 solving at that point that sort of 25246 16:48:12,200 --> 16:48:17,680 thing The Lesson Four is all about 25247 16:48:14,756 --> 16:48:20,160 putting out fires and this is your 25248 16:48:17,680 --> 16:48:22,720 chargebacks BBB complaints bad reviews 25249 16:48:20,160 --> 16:48:24,320 cost of goods creeping up overhead all 25250 16:48:22,720 --> 16:48:26,000 all the stuff that can hit the fan that 25251 16:48:24,320 --> 16:48:27,560 you know normally doesn't get talked 25252 16:48:26,000 --> 16:48:29,720 about until it's happening we're going 25253 16:48:27,560 --> 16:48:31,880 to cover the groundwork now so that when 25254 16:48:29,720 --> 16:48:33,200 those things inevitably do happen you're 25255 16:48:31,880 --> 16:48:35,400 ready for them cuz it's just part of 25256 16:48:33,200 --> 16:48:37,240 doing business and we want to make sure 25257 16:48:35,400 --> 16:48:39,240 that when those things happen you only 25258 16:48:37,240 --> 16:48:40,956 have to put your firefighter hat on as 25259 16:48:39,240 --> 16:48:42,560 for as little time as possible and then 25260 16:48:40,956 --> 16:48:44,756 you can get right back to business as 25261 16:48:42,560 --> 16:48:46,160 usual get back to working in or on the 25262 16:48:44,756 --> 16:48:49,360 business depending on what stage you're 25263 16:48:46,160 --> 16:48:52,000 at lesson five is Sops which stands for 25264 16:48:49,360 --> 16:48:54,116 standard operating procedures now both 25265 16:48:52,000 --> 16:48:56,040 my parents are project managers at 25266 16:48:54,116 --> 16:48:58,360 different companies so I hear all about 25267 16:48:56,040 --> 16:48:59,956 this kind of stuff all the time but it's 25268 16:48:58,360 --> 16:49:02,116 basically how to document and 25269 16:48:59,956 --> 16:49:05,276 systematize your common practices in a 25270 16:49:02,116 --> 16:49:07,476 way that is easily repeatable and allows 25271 16:49:05,276 --> 16:49:09,756 you to easily hire and train new 25272 16:49:07,476 --> 16:49:12,080 employees to take over those roles for 25273 16:49:09,756 --> 16:49:13,880 you lesson six is organization and 25274 16:49:12,080 --> 16:49:15,916 project management so this is how to 25275 16:49:13,880 --> 16:49:17,956 properly organize and keep track of all 25276 16:49:15,916 --> 16:49:19,360 of the moving pieces in your business 25277 16:49:17,956 --> 16:49:22,240 and fortunately my parents have taught 25278 16:49:19,360 --> 16:49:24,080 me a lot from managing much projects at 25279 16:49:22,240 --> 16:49:27,000 much much bigger companies than the ones 25280 16:49:24,080 --> 16:49:28,756 that I run so they were able to take the 25281 16:49:27,000 --> 16:49:30,916 complex project management that they do 25282 16:49:28,756 --> 16:49:33,276 and kind of dumb it down for me and help 25283 16:49:30,916 --> 16:49:35,436 me like Implement like really really 25284 16:49:33,276 --> 16:49:37,840 useful practices into our business that 25285 16:49:35,436 --> 16:49:40,560 helps us stay our entire team stay on 25286 16:49:37,840 --> 16:49:42,956 the same page and help us prioritize and 25287 16:49:40,560 --> 16:49:45,160 quickly execute on the projects that we 25288 16:49:42,956 --> 16:49:46,956 have laid out all while avoiding shiny 25289 16:49:45,160 --> 16:49:49,756 object syndrome and making sure that 25290 16:49:46,956 --> 16:49:51,596 it's the right project and not just you 25291 16:49:49,756 --> 16:49:53,840 know just another one getting thrown on 25292 16:49:51,596 --> 16:49:55,436 top of the pile and lesson seven is on 25293 16:49:53,840 --> 16:49:56,756 hiring a team which is where we're going 25294 16:49:55,436 --> 16:49:58,560 to talk about how to make your job 25295 16:49:56,756 --> 16:50:00,240 postings what kind of salaries you 25296 16:49:58,560 --> 16:50:02,476 should be offering what roles to hire 25297 16:50:00,240 --> 16:50:04,560 for first how to conduct interviews 25298 16:50:02,476 --> 16:50:06,520 where to look for good hires what makes 25299 16:50:04,560 --> 16:50:07,956 a good hire all that sort of thing so 25300 16:50:06,520 --> 16:50:09,240 that you know once you get to the point 25301 16:50:07,956 --> 16:50:10,840 where you feel like you're ready to 25302 16:50:09,240 --> 16:50:12,756 bring on some extra help you know the 25303 16:50:10,840 --> 16:50:14,400 quickest fastest and most cost-effective 25304 16:50:12,756 --> 16:50:16,680 way to do that lesson eight is going to 25305 16:50:14,400 --> 16:50:18,916 be managing a team so this is you know 25306 16:50:16,680 --> 16:50:21,596 how do you train them with your Sops 25307 16:50:18,916 --> 16:50:23,560 time tracking payroll uh performance 25308 16:50:21,596 --> 16:50:25,596 reviews team culture all those little 25309 16:50:23,560 --> 16:50:27,520 ins and outs that nobody really seems to 25310 16:50:25,596 --> 16:50:29,560 teach out there so we're going to be 25311 16:50:27,520 --> 16:50:31,200 teaching it not in just like generic 25312 16:50:29,560 --> 16:50:32,596 terms but specifically for running an 25313 16:50:31,200 --> 16:50:34,520 e-commerce business and even more 25314 16:50:32,596 --> 16:50:36,916 specifically for running a print on 25315 16:50:34,520 --> 16:50:39,276 demand business which has some slight 25316 16:50:36,916 --> 16:50:41,796 intricacies but I mean it's pretty much 25317 16:50:39,276 --> 16:50:43,040 the same for any e-commerce business but 25318 16:50:41,796 --> 16:50:45,320 uh that's what lesson 8 is going to be 25319 16:50:43,040 --> 16:50:47,916 on and just really quick to to wrap this 25320 16:50:45,320 --> 16:50:50,956 up so why is this so important so this 25321 16:50:47,916 --> 16:50:52,200 is where a lot of extra margin a lot of 25322 16:50:50,956 --> 16:50:54,160 the dollars that you see at the bottom 25323 16:50:52,200 --> 16:50:56,840 of the p andl at the end of the day can 25324 16:50:54,160 --> 16:50:59,116 either be lost or made cuz it can be 25325 16:50:56,840 --> 16:51:01,360 death by a th000 Cuts or it can be like 25326 16:50:59,116 --> 16:51:02,880 a well oiled machine what I mean by this 25327 16:51:01,360 --> 16:51:04,560 is that you won't really learn this 25328 16:51:02,880 --> 16:51:05,916 until you you know it's one of those 25329 16:51:04,560 --> 16:51:07,400 things that you can hear it but you have 25330 16:51:05,916 --> 16:51:09,796 to learn it the hard way you could have 25331 16:51:07,400 --> 16:51:11,476 like good ad performance solid cost of 25332 16:51:09,796 --> 16:51:13,560 goods like your big metrics are looking 25333 16:51:11,476 --> 16:51:15,320 good but if on the back end like 25334 16:51:13,560 --> 16:51:17,756 customer service is a mess you're not 25335 16:51:15,320 --> 16:51:19,240 responding to tickets your cost of goods 25336 16:51:17,756 --> 16:51:20,756 is slowly creeping up you're not 25337 16:51:19,240 --> 16:51:22,476 watching your overhead you don't really 25338 16:51:20,756 --> 16:51:24,436 have a team that's on the same page you 25339 16:51:22,476 --> 16:51:26,240 you could have like all frontend like 25340 16:51:24,436 --> 16:51:27,796 great metrics but all the backend stuff 25341 16:51:26,240 --> 16:51:29,916 is going to slowly creep up and it's 25342 16:51:27,796 --> 16:51:32,276 going to eat away every last dollar of 25343 16:51:29,916 --> 16:51:33,956 profit that you think that you're making 25344 16:51:32,276 --> 16:51:35,596 that's why we're turning this into an 25345 16:51:33,956 --> 16:51:37,360 entire module so you can learn all these 25346 16:51:35,596 --> 16:51:39,240 things that we've had to learn the hard 25347 16:51:37,360 --> 16:51:41,160 way and hopefully Implement them into 25348 16:51:39,240 --> 16:51:42,796 your business and also without these 25349 16:51:41,160 --> 16:51:45,040 things you will always be working in the 25350 16:51:42,796 --> 16:51:46,116 business rather than on it and the 25351 16:51:45,040 --> 16:51:48,436 difference is when you're in the 25352 16:51:46,116 --> 16:51:49,916 business you are you're you're doing the 25353 16:51:48,436 --> 16:51:51,560 ads you are answering the customer 25354 16:51:49,916 --> 16:51:53,840 service tickets you are down in the 25355 16:51:51,560 --> 16:51:55,636 trenches doing the day-to-day which is 25356 16:51:53,840 --> 16:51:58,000 by the way completely necessary in the 25357 16:51:55,636 --> 16:51:59,680 beginning and some people love doing 25358 16:51:58,000 --> 16:52:02,276 that they love being in the trenches and 25359 16:51:59,680 --> 16:52:03,916 if that's you fine me personally I like 25360 16:52:02,276 --> 16:52:06,240 being in the trenches long enough to 25361 16:52:03,916 --> 16:52:08,000 learn it and learn it well enough that I 25362 16:52:06,240 --> 16:52:09,720 can manage somebody effectively who's 25363 16:52:08,000 --> 16:52:11,520 doing that role so customer service 25364 16:52:09,720 --> 16:52:13,520 tickets I answer enough of them that I 25365 16:52:11,520 --> 16:52:15,840 understand the process printify like 25366 16:52:13,520 --> 16:52:17,840 product management I upload enough 25367 16:52:15,840 --> 16:52:19,160 products that I understand how it works 25368 16:52:17,840 --> 16:52:20,720 how long it should take what the 25369 16:52:19,160 --> 16:52:22,596 problems are that a team member might 25370 16:52:20,720 --> 16:52:23,680 run into I learn every area that 25371 16:52:22,596 --> 16:52:25,436 business well enough to be able to 25372 16:52:23,680 --> 16:52:26,796 manage somebody who's in that role so I 25373 16:52:25,436 --> 16:52:28,400 can understand their problems and where 25374 16:52:26,796 --> 16:52:30,476 they're coming from but then I also want 25375 16:52:28,400 --> 16:52:32,476 to be able to remove myself from that so 25376 16:52:30,476 --> 16:52:34,596 that I'm able to turn my focus once it's 25377 16:52:32,476 --> 16:52:37,040 systematized not shiny object turn my 25378 16:52:34,596 --> 16:52:38,720 focus to the next thing the next like 25379 16:52:37,040 --> 16:52:40,520 decision that needs to be made the next 25380 16:52:38,720 --> 16:52:42,436 you know Horizon that's really going to 25381 16:52:40,520 --> 16:52:44,400 grow the business whether that be a new 25382 16:52:42,436 --> 16:52:46,840 product catalog expanding onto a 25383 16:52:44,400 --> 16:52:48,276 Marketplace trying out a new traffic 25384 16:52:46,840 --> 16:52:49,796 Source like all the stuff we're going to 25385 16:52:48,276 --> 16:52:51,320 talk about in the scaling section it 25386 16:52:49,796 --> 16:52:53,276 really comes down to freeing up your 25387 16:52:51,320 --> 16:52:55,200 bandwidth to be able to turn your focus 25388 16:52:53,276 --> 16:52:56,680 to those areas so that like there's a 25389 16:52:55,200 --> 16:52:58,520 saying that like what got you from zero 25390 16:52:56,680 --> 16:53:00,720 to a million won't get you from a 25391 16:52:58,520 --> 16:53:02,956 million to 10 million that's what this 25392 16:53:00,720 --> 16:53:04,916 module is all about and it's also 25393 16:53:02,956 --> 16:53:06,720 required in order to make your business 25394 16:53:04,916 --> 16:53:08,596 sellable someday so when you're selling 25395 16:53:06,720 --> 16:53:10,360 a business they which we'll talk about 25396 16:53:08,596 --> 16:53:12,000 this in the exit module a potential 25397 16:53:10,360 --> 16:53:14,796 buyer does not want to see what they 25398 16:53:12,000 --> 16:53:16,840 call Key man risk key man or woman they 25399 16:53:14,796 --> 16:53:19,116 don't want to see that the business 25400 16:53:16,840 --> 16:53:21,560 owner is the operator that they are the 25401 16:53:19,116 --> 16:53:23,240 IT person when it comes to everything in 25402 16:53:21,560 --> 16:53:25,240 the business cuz as soon as you're out 25403 16:53:23,240 --> 16:53:27,916 of that the business is useless it's 25404 16:53:25,240 --> 16:53:30,040 like has no value so if your goal is to 25405 16:53:27,916 --> 16:53:31,720 ever sell and have a big or nice exit 25406 16:53:30,040 --> 16:53:34,400 someday we want to get you to a point 25407 16:53:31,720 --> 16:53:36,276 where you're not you do not equal the 25408 16:53:34,400 --> 16:53:38,000 business and business does not equal you 25409 16:53:36,276 --> 16:53:40,116 both for being able to sell someday and 25410 16:53:38,000 --> 16:53:41,720 also for your personal sanity and you 25411 16:53:40,116 --> 16:53:43,276 know have the lifestyle that you want so 25412 16:53:41,720 --> 16:53:44,520 a couple of things to watch out for as 25413 16:53:43,276 --> 16:53:46,476 you're going through the systems and 25414 16:53:44,520 --> 16:53:48,916 operations module is you don't want to 25415 16:53:46,476 --> 16:53:50,596 start systematizing a POS and I don't 25416 16:53:48,916 --> 16:53:52,840 mean point of sale I mean a piece of 25417 16:53:50,596 --> 16:53:55,000 so don't start optimiz in or 25418 16:53:52,840 --> 16:53:57,116 systematizing a business that is not 25419 16:53:55,000 --> 16:53:59,360 profitable that's not making any money 25420 16:53:57,116 --> 16:54:01,040 it's like it's just a mess in like the 25421 16:53:59,360 --> 16:54:03,796 core areas that we talked about at the 25422 16:54:01,040 --> 16:54:05,840 beginning of all this we do those first 25423 16:54:03,796 --> 16:54:07,560 systems and operations is it's good to 25424 16:54:05,840 --> 16:54:09,276 go through this and understand it and 25425 16:54:07,560 --> 16:54:12,756 get the foundation but don't start 25426 16:54:09,276 --> 16:54:14,956 implementing like Sops and like hiring a 25427 16:54:12,756 --> 16:54:17,116 team and that sort of thing I did that I 25428 16:54:14,956 --> 16:54:18,720 hired like way too many vas and the 25429 16:54:17,116 --> 16:54:20,796 reason we did that was that we just had 25430 16:54:18,720 --> 16:54:22,276 no clear Optics into what was actually 25431 16:54:20,796 --> 16:54:24,636 going on we had an effectively system 25432 16:54:22,276 --> 16:54:26,080 systematized so we saw tickets piling up 25433 16:54:24,636 --> 16:54:27,916 so we just started hiring more and more 25434 16:54:26,080 --> 16:54:29,916 people meanwhile I was just heads down 25435 16:54:27,916 --> 16:54:31,880 in the ad account we got up to like 20 25436 16:54:29,916 --> 16:54:33,916 customer service reps and it wasn't 25437 16:54:31,880 --> 16:54:35,756 until you know the bank account was 25438 16:54:33,916 --> 16:54:37,636 looking pretty meager that I finally was 25439 16:54:35,756 --> 16:54:39,596 like hey what the heck is going on and 25440 16:54:37,636 --> 16:54:41,796 realized that like 15 of them weren't 25441 16:54:39,596 --> 16:54:44,436 actually working yeah and so all of this 25442 16:54:41,796 --> 16:54:46,200 comes after you were doing consistent 20 25443 16:54:44,436 --> 16:54:48,200 to 30k days you've already learned all 25444 16:54:46,200 --> 16:54:50,596 the areas of the business and you're 25445 16:54:48,200 --> 16:54:52,840 really looking to systematize and hire 25446 16:54:50,596 --> 16:54:54,796 for like some of the most time consuming 25447 16:54:52,840 --> 16:54:56,956 things that are the easiest to train for 25448 16:54:54,796 --> 16:54:58,476 and the exception like I said is aside 25449 16:54:56,956 --> 16:55:00,276 from under your financials those you 25450 16:54:58,476 --> 16:55:02,320 start today there you have it there's 25451 16:55:00,276 --> 16:55:04,200 the system and operations module 25452 16:55:02,320 --> 16:55:06,436 overview I hope you enjoy it and I'll 25453 16:55:04,200 --> 16:55:06,436 see you 25454 16:55:08,420 --> 16:55:13,210 [Music] 25455 16:55:15,520 --> 16:55:19,560 soon today we're going to be learning 25456 16:55:17,596 --> 16:55:21,840 how to run our profit and loss and 25457 16:55:19,560 --> 16:55:24,560 balance sheet statements each of these 25458 16:55:21,840 --> 16:55:27,796 Financial reports are absolutely crucial 25459 16:55:24,560 --> 16:55:29,160 for running and operating a profitable 25460 16:55:27,796 --> 16:55:31,720 not just print on demand business but 25461 16:55:29,160 --> 16:55:34,680 business in general and it took me a 25462 16:55:31,720 --> 16:55:36,916 long time to start running these and it 25463 16:55:34,680 --> 16:55:38,400 cost me a ton of money along the way and 25464 16:55:36,916 --> 16:55:40,796 at a very high level what these two 25465 16:55:38,400 --> 16:55:43,240 statements do is the p&l profit and loss 25466 16:55:40,796 --> 16:55:45,520 tells us how much money the business 25467 16:55:43,240 --> 16:55:47,880 made on a day-to-day basis then the 25468 16:55:45,520 --> 16:55:50,720 balance sheet on the other hand shows us 25469 16:55:47,880 --> 16:55:52,840 how much money or cash is currently in 25470 16:55:50,720 --> 16:55:55,200 the business or otherwise wise known as 25471 16:55:52,840 --> 16:55:56,720 our balance and we have templates for 25472 16:55:55,200 --> 16:55:57,916 both of these that you can just copy and 25473 16:55:56,720 --> 16:55:59,116 paste into your own account that we're 25474 16:55:57,916 --> 16:56:00,636 going to be walking through in just a 25475 16:55:59,116 --> 16:56:02,400 second but first I want to touch on why 25476 16:56:00,636 --> 16:56:05,116 it's so important to be running these 25477 16:56:02,400 --> 16:56:06,560 and what costs me so much money and the 25478 16:56:05,116 --> 16:56:09,200 trap that a lot of entrepreneurs can 25479 16:56:06,560 --> 16:56:11,160 fall into is just seeing cash come in 25480 16:56:09,200 --> 16:56:14,116 like the number in your bank account can 25481 16:56:11,160 --> 16:56:16,756 seemingly be going up but there could be 25482 16:56:14,116 --> 16:56:19,240 like unknown charges uh and expenses 25483 16:56:16,756 --> 16:56:21,116 that have yet to hit and in the past 25484 16:56:19,240 --> 16:56:22,840 what I was doing is we were just running 25485 16:56:21,116 --> 16:56:25,360 based off of if we we had a good return 25486 16:56:22,840 --> 16:56:27,840 on our ad spend and you know we had 25487 16:56:25,360 --> 16:56:30,560 sales coming in then we were happy it 25488 16:56:27,840 --> 16:56:32,276 was honestly like probably a full two 25489 16:56:30,560 --> 16:56:34,956 years of running e-commerce businesses 25490 16:56:32,276 --> 16:56:36,720 before I finally had a oh moment 25491 16:56:34,956 --> 16:56:38,956 where we thought we were doing really 25492 16:56:36,720 --> 16:56:40,680 well for a long time we thought that you 25493 16:56:38,956 --> 16:56:43,276 know we were doing millions of dollars 25494 16:56:40,680 --> 16:56:44,680 in sales but then we realized that the 25495 16:56:43,276 --> 16:56:46,436 number that we were seeing at the end of 25496 16:56:44,680 --> 16:56:47,880 the day was not matching up to how much 25497 16:56:46,436 --> 16:56:49,916 we thought we were making so we started 25498 16:56:47,880 --> 16:56:51,916 running a a p&l once per month I was 25499 16:56:49,916 --> 16:56:53,956 running this to see what were our what 25500 16:56:51,916 --> 16:56:56,240 was our income what was our cost and 25501 16:56:53,956 --> 16:56:58,520 what's what was left over now we run it 25502 16:56:56,240 --> 16:57:00,636 every single day to see exactly how much 25503 16:56:58,520 --> 16:57:02,880 we made but the key mistake that we were 25504 16:57:00,636 --> 16:57:04,756 making is that we weren't also running a 25505 16:57:02,880 --> 16:57:06,636 balance sheet because the balance sheet 25506 16:57:04,756 --> 16:57:08,796 kind of serves as a way to check if what 25507 16:57:06,636 --> 16:57:10,436 the p&l is showing is accurate I can't 25508 16:57:08,796 --> 16:57:12,400 tell you how many times that the the 25509 16:57:10,436 --> 16:57:14,880 balance sheet and the p&l disagreed and 25510 16:57:12,400 --> 16:57:16,276 showed completely different results and 25511 16:57:14,880 --> 16:57:18,080 the way the balance sheet does that is 25512 16:57:16,276 --> 16:57:20,400 by showing the ending balance if you add 25513 16:57:18,080 --> 16:57:22,596 up all the assets and deduct all the 25514 16:57:20,400 --> 16:57:25,680 liabilities within the business you are 25515 16:57:22,596 --> 16:57:28,436 left over with like your your cash 25516 16:57:25,680 --> 16:57:30,476 basically and in a perfect world if the 25517 16:57:28,436 --> 16:57:32,916 p&l and the balance sheet tie out to 25518 16:57:30,476 --> 16:57:34,916 each other then they should the balance 25519 16:57:32,916 --> 16:57:38,840 sheet number from yesterday plus or 25520 16:57:34,916 --> 16:57:41,596 minus the p&l from today uh should equal 25521 16:57:38,840 --> 16:57:44,956 The New Ending balance for today so like 25522 16:57:41,596 --> 16:57:46,840 if we had $150 in the balance sheet to 25523 16:57:44,956 --> 16:57:48,720 use Easy numbers and then we made $100 25524 16:57:46,840 --> 16:57:51,520 profit that day then the balance sheet 25525 16:57:48,720 --> 16:57:53,720 should show $250 now there's some 25526 16:57:51,520 --> 16:57:55,560 variants with like the amount of time it 25527 16:57:53,720 --> 16:57:56,880 takes for accounts to settle and that 25528 16:57:55,560 --> 16:57:58,720 sort of thing but that's the general 25529 16:57:56,880 --> 16:58:00,596 concept and I was not running a balance 25530 16:57:58,720 --> 16:58:03,080 sheet in addition to it much less 25531 16:58:00,596 --> 16:58:04,880 running it consistently that's why we're 25532 16:58:03,080 --> 16:58:06,436 like huge advocates for running these 25533 16:58:04,880 --> 16:58:09,596 every single day it takes about 5 25534 16:58:06,436 --> 16:58:11,680 minutes super easy and it's uh probably 25535 16:58:09,596 --> 16:58:14,436 the most the highest Roi 5 minutes 25536 16:58:11,680 --> 16:58:16,476 you'll have all day so the p&l template 25537 16:58:14,436 --> 16:58:19,000 when you see this uh it's going to just 25538 16:58:16,476 --> 16:58:21,116 be all zeros right now I left in example 25539 16:58:19,000 --> 16:58:23,680 numbers from one of our brands that we 25540 16:58:21,116 --> 16:58:26,796 run just so we can see how we run it and 25541 16:58:23,680 --> 16:58:28,880 so let's go ahead and get an overview of 25542 16:58:26,796 --> 16:58:31,956 starting with the p&l what each of these 25543 16:58:28,880 --> 16:58:35,320 numbers so up at the top here we have gr 25544 16:58:31,956 --> 16:58:37,436 total grow sales Minus cost of sales 25545 16:58:35,320 --> 16:58:39,720 then we have platform costs and all of 25546 16:58:37,436 --> 16:58:41,680 those together give us our gross profit 25547 16:58:39,720 --> 16:58:43,200 and this is true for like just in 25548 16:58:41,680 --> 16:58:45,636 business in general not just print on 25549 16:58:43,200 --> 16:58:47,880 demand but our gross sales is our 25550 16:58:45,636 --> 16:58:49,956 product cost basic or our product sales 25551 16:58:47,880 --> 16:58:51,360 so like t-shirt Revenue goes here 25552 16:58:49,956 --> 16:58:53,520 whatever customers paid for shipping 25553 16:58:51,360 --> 16:58:55,520 goes here then we look at how much we 25554 16:58:53,520 --> 16:58:57,916 got charged for our fulfillment which is 25555 16:58:55,520 --> 16:59:00,320 printify most other like e-commerce 25556 16:58:57,916 --> 16:59:02,240 businesses this cost of sales will be 25557 16:59:00,320 --> 16:59:05,200 much more robust like it'll be 25558 16:59:02,240 --> 16:59:07,596 manufacturing costs then 3pl costs then 25559 16:59:05,200 --> 16:59:09,240 a lot of different line items but for us 25560 16:59:07,596 --> 16:59:11,400 it's very simple business that's why 25561 16:59:09,240 --> 16:59:13,436 we're doing it it's just printify 25562 16:59:11,400 --> 16:59:15,560 however much pry charges for the day 25563 16:59:13,436 --> 16:59:17,720 next we have our platform cost which is 25564 16:59:15,560 --> 16:59:20,680 Shopify discounts so like if anybody use 25565 16:59:17,720 --> 16:59:23,000 a discount code uh it adds up that total 25566 16:59:20,680 --> 16:59:24,916 amount and then if there were refunds uh 25567 16:59:23,000 --> 16:59:27,080 so if you total sales Minus cost of 25568 16:59:24,916 --> 16:59:29,796 goods minus your platform cost that gets 25569 16:59:27,080 --> 16:59:31,956 you your GP or gross profit next we have 25570 16:59:29,796 --> 16:59:33,160 our transaction fees which Shopify and 25571 16:59:31,956 --> 16:59:34,840 PayPal are the two are payment 25572 16:59:33,160 --> 16:59:37,796 processors and each of them charge 25573 16:59:34,840 --> 16:59:39,720 roughly a 3 to 4% fee for whatever 25574 16:59:37,796 --> 16:59:41,560 volume goes through them then we have 25575 16:59:39,720 --> 16:59:43,080 our obviously our ad costs which is 25576 16:59:41,560 --> 16:59:44,756 Facebook and Instagram we just get this 25577 16:59:43,080 --> 16:59:46,720 number right from our ad account then we 25578 16:59:44,756 --> 16:59:48,956 have our Google ad cost next we have our 25579 16:59:46,720 --> 16:59:51,080 overhead expenses which our overhead 25580 16:59:48,956 --> 16:59:52,636 expenses we try to keep you can see it 25581 16:59:51,080 --> 16:59:56,040 down here we try to keep it in like the 25582 16:59:52,636 --> 16:59:58,400 3 to 4% range around there of total 25583 16:59:56,040 --> 17:00:02,000 sales and this is all of our software 25584 16:59:58,400 --> 17:00:03,680 like Shopify printify premium clavio and 25585 17:00:02,000 --> 17:00:06,520 when you're starting out this number is 25586 17:00:03,680 --> 17:00:08,840 very very low like this number is a lot 25587 17:00:06,520 --> 17:00:10,840 higher than it needs to be um you can 25588 17:00:08,840 --> 17:00:12,320 get away with like 30 bucks a day if not 25589 17:00:10,840 --> 17:00:14,000 less when you're first starting out and 25590 17:00:12,320 --> 17:00:16,476 then so that gives us our total 25591 17:00:14,000 --> 17:00:18,436 operating income SL loss which this was 25592 17:00:16,476 --> 17:00:21,880 from January which is right after we had 25593 17:00:18,436 --> 17:00:23,200 a big Q4 so we had some down days for 25594 17:00:21,880 --> 17:00:25,756 for a little bit but then next we have 25595 17:00:23,200 --> 17:00:27,400 our printify 5% rebate which after you 25596 17:00:25,756 --> 17:00:29,520 get to a certain volume threshold with 25597 17:00:27,400 --> 17:00:32,080 printify you're able to get uh like a a 25598 17:00:29,520 --> 17:00:33,756 rebate or discount back on your cost of 25599 17:00:32,080 --> 17:00:35,840 goods Soul just your manufacturing cost 25600 17:00:33,756 --> 17:00:38,520 not shipping or anything then next we 25601 17:00:35,840 --> 17:00:41,476 have our 2% cash back credit card 25602 17:00:38,520 --> 17:00:43,916 rewards so we use the Capital One for 25603 17:00:41,476 --> 17:00:45,560 just about everything we add that in as 25604 17:00:43,916 --> 17:00:47,720 total additional income and that gives 25605 17:00:45,560 --> 17:00:50,476 us our grand total then we have our 25606 17:00:47,720 --> 17:00:52,476 margin which is our percent uh which 25607 17:00:50,476 --> 17:00:53,880 normally we're aiming for days like this 25608 17:00:52,476 --> 17:00:58,040 this is what a typical day should look 25609 17:00:53,880 --> 17:01:02,240 like ran at a 3.0 off Facebook row as so 25610 17:00:58,040 --> 17:01:04,636 we did $2,800 in sales spent 988 which 25611 17:01:02,240 --> 17:01:06,080 comes out to a three overall our cost of 25612 17:01:04,636 --> 17:01:09,200 goods was 25613 17:01:06,080 --> 17:01:11,520 37.8% which this down here is just 25614 17:01:09,200 --> 17:01:13,680 dividing the total sales by or taking 25615 17:01:11,520 --> 17:01:15,360 the Printery charge divided by total 25616 17:01:13,680 --> 17:01:17,916 sales to get our cost of goods 25617 17:01:15,360 --> 17:01:21,160 percentage and we want that to be around 25618 17:01:17,916 --> 17:01:22,436 like 40% or less and that puts us at a 25619 17:01:21,160 --> 17:01:25,116 20% mark 25620 17:01:22,436 --> 17:01:27,796 which is 600 bucks profit that day these 25621 17:01:25,116 --> 17:01:29,680 are like what our typical days will look 25622 17:01:27,796 --> 17:01:31,476 like with Friday Saturday Sunday being 25623 17:01:29,680 --> 17:01:33,680 where the line share the profit comes 25624 17:01:31,476 --> 17:01:35,636 from but okay so how do we get each of 25625 17:01:33,680 --> 17:01:37,276 these numbers so obviously we haven't 25626 17:01:35,636 --> 17:01:39,840 started driving sales yet since we've 25627 17:01:37,276 --> 17:01:41,840 just been building the store but join 25628 17:01:39,840 --> 17:01:43,276 wcale University if you haven't already 25629 17:01:41,840 --> 17:01:46,116 to see the case study where I'm going to 25630 17:01:43,276 --> 17:01:47,796 be running the store day by day uh and 25631 17:01:46,116 --> 17:01:50,476 showing I'm going to be uploading videos 25632 17:01:47,796 --> 17:01:51,436 every single day showing the ad metrics 25633 17:01:50,476 --> 17:01:54,000 what we're doing different in the 25634 17:01:51,436 --> 17:01:55,636 business the the results we're getting 25635 17:01:54,000 --> 17:01:57,360 so you can literally follow right along 25636 17:01:55,636 --> 17:01:59,360 in lock step with what I'm doing as you 25637 17:01:57,360 --> 17:02:02,840 launch your brand so this number here 25638 17:01:59,360 --> 17:02:05,160 gross sales you just go to uh your 25639 17:02:02,840 --> 17:02:06,916 Shopify go to analytics click this 25640 17:02:05,160 --> 17:02:09,840 little button here to view report and 25641 17:02:06,916 --> 17:02:12,200 this gives you gross sales number here 25642 17:02:09,840 --> 17:02:14,476 take total for the entire day and then 25643 17:02:12,200 --> 17:02:17,360 you just paste it in there then for your 25644 17:02:14,476 --> 17:02:19,360 shipping take that number right there 25645 17:02:17,360 --> 17:02:21,320 and plug it in important to note that 25646 17:02:19,360 --> 17:02:23,476 you are not taking the total sales 25647 17:02:21,320 --> 17:02:25,240 number here cuz this total sales number 25648 17:02:23,476 --> 17:02:26,360 this is very confusing for anybody 25649 17:02:25,240 --> 17:02:28,160 getting started took me a while to 25650 17:02:26,360 --> 17:02:31,476 figure it out this total sales is just 25651 17:02:28,160 --> 17:02:33,116 adding up right along here every number 25652 17:02:31,476 --> 17:02:35,080 except for net sales that's like a 25653 17:02:33,116 --> 17:02:38,200 that's doing its own equation but it's 25654 17:02:35,080 --> 17:02:40,956 taking gross sales minus discounts minus 25655 17:02:38,200 --> 17:02:42,476 returns plus shipping duties is new 25656 17:02:40,956 --> 17:02:44,320 additional fees is new too but then 25657 17:02:42,476 --> 17:02:45,880 adding tax wonder if additional fees is 25658 17:02:44,320 --> 17:02:47,796 going to be transaction cost that' be 25659 17:02:45,880 --> 17:02:49,240 nice but anyway you don't want the total 25660 17:02:47,796 --> 17:02:51,596 sales number because we're breaking it 25661 17:02:49,240 --> 17:02:53,240 down here next the pr IFI charge we set 25662 17:02:51,596 --> 17:02:55,956 up our printify account so that it bills 25663 17:02:53,240 --> 17:02:58,956 us on a daily basis at around 25664 17:02:55,956 --> 17:03:01,756 11:50 p.m. so it bills us all at once 25665 17:02:58,956 --> 17:03:04,116 for the entire day so we just check our 25666 17:03:01,756 --> 17:03:05,956 uh Capital One card see what the the 25667 17:03:04,116 --> 17:03:07,916 bill was for the day and then that's the 25668 17:03:05,956 --> 17:03:09,320 number that gets pasted there it's 25669 17:03:07,916 --> 17:03:11,560 there's really no other better way to do 25670 17:03:09,320 --> 17:03:12,796 it with printify aside from like if you 25671 17:03:11,560 --> 17:03:15,320 want if you really want to go through 25672 17:03:12,796 --> 17:03:17,476 and add up every single order which just 25673 17:03:15,320 --> 17:03:19,720 isn't really feasible next Shopify 25674 17:03:17,476 --> 17:03:22,840 discounts you get that from right here 25675 17:03:19,720 --> 17:03:25,360 and then Shopify refunds is your returns 25676 17:03:22,840 --> 17:03:27,400 number these are just formulas you don't 25677 17:03:25,360 --> 17:03:29,320 have to do anything with those oh I did 25678 17:03:27,400 --> 17:03:31,560 this I highlighted any number that you 25679 17:03:29,320 --> 17:03:33,520 have to update it's highlighted in 25680 17:03:31,560 --> 17:03:35,636 yellow completely forgot about that with 25681 17:03:33,520 --> 17:03:37,240 the exception of these the Shopify fees 25682 17:03:35,636 --> 17:03:39,436 you can either paste these in by 25683 17:03:37,240 --> 17:03:42,796 grabbing them from your payouts so you 25684 17:03:39,436 --> 17:03:44,160 go up here finances payouts yeah we 25685 17:03:42,796 --> 17:03:45,476 haven't had any yet so there's nothing 25686 17:03:44,160 --> 17:03:47,560 there but you can also see what your 25687 17:03:45,476 --> 17:03:50,080 transaction fees are from right there 25688 17:03:47,560 --> 17:03:52,000 then our advertising spend you just pull 25689 17:03:50,080 --> 17:03:54,476 up your ad account go to the day you're 25690 17:03:52,000 --> 17:03:58,040 running the balance sheet for and just 25691 17:03:54,476 --> 17:04:01,240 grab this number double click command 25692 17:03:58,040 --> 17:04:04,160 C command shift V to just paste the 25693 17:04:01,240 --> 17:04:06,476 value UND do that but then your 25694 17:04:04,160 --> 17:04:08,360 advertising Google spend same thing you 25695 17:04:06,476 --> 17:04:10,596 just go to your Google account this 25696 17:04:08,360 --> 17:04:12,476 overhead expense this is just the same 25697 17:04:10,596 --> 17:04:14,400 Val we calculate this on a separate 25698 17:04:12,476 --> 17:04:16,320 spreadsheet and then we just copy paste 25699 17:04:14,400 --> 17:04:18,636 this value over and then the rest of 25700 17:04:16,320 --> 17:04:20,520 these are automatically filled if you 25701 17:04:18,636 --> 17:04:22,276 don't if you're not over like a million 25702 17:04:20,520 --> 17:04:23,956 dollars in sales with prile or at least 25703 17:04:22,276 --> 17:04:25,476 like 100k a month you're not going to be 25704 17:04:23,956 --> 17:04:27,160 able to get this but so you can just 25705 17:04:25,476 --> 17:04:29,116 leave that at zero for now and that's 25706 17:04:27,160 --> 17:04:32,400 something to work towards then Capital 25707 17:04:29,116 --> 17:04:34,116 One 2% if you don't have a capital 1 2% 25708 17:04:32,400 --> 17:04:35,596 card or if you're International I don't 25709 17:04:34,116 --> 17:04:37,560 know anything about International credit 25710 17:04:35,596 --> 17:04:39,680 cards but if you're in the US highly 25711 17:04:37,560 --> 17:04:43,200 recommend opening one of those and then 25712 17:04:39,680 --> 17:04:45,320 we use so we use that for everything 25713 17:04:43,200 --> 17:04:48,560 besides ad spend ad spend we use the MX 25714 17:04:45,320 --> 17:04:50,796 gold card and then these numbers are 25715 17:04:48,560 --> 17:04:52,200 yeah automatically filled so I know I 25716 17:04:50,796 --> 17:04:54,756 went through that kind of quickly but 25717 17:04:52,200 --> 17:04:57,240 it's relatively straightforward you just 25718 17:04:54,756 --> 17:04:58,436 fill in what's in yellow and then we 25719 17:04:57,240 --> 17:05:00,880 talk about the analytics and like 25720 17:04:58,436 --> 17:05:02,680 reading the metrics next we have our 25721 17:05:00,880 --> 17:05:05,756 balance sheet which if you never run one 25722 17:05:02,680 --> 17:05:08,596 of these before very simple just you 25723 17:05:05,756 --> 17:05:10,276 have your accounts payable or your AKA 25724 17:05:08,596 --> 17:05:13,596 your liabilities and then you have your 25725 17:05:10,276 --> 17:05:14,880 accounts receivable or your assets any 25726 17:05:13,596 --> 17:05:16,400 accountants or bookkeepers would 25727 17:05:14,880 --> 17:05:18,756 probably scoff at the way that we do 25728 17:05:16,400 --> 17:05:20,840 this but it works for us so accounts 25729 17:05:18,756 --> 17:05:22,080 payable is you just go through every one 25730 17:05:20,840 --> 17:05:24,756 of your accounts 25731 17:05:22,080 --> 17:05:27,116 every credit card every advertising 25732 17:05:24,756 --> 17:05:29,160 account if you've collected sales tax if 25733 17:05:27,116 --> 17:05:31,116 you have payouts you have that you owe 25734 17:05:29,160 --> 17:05:32,796 to your to your Affiliates you go 25735 17:05:31,116 --> 17:05:34,240 through all those accounts and and check 25736 17:05:32,796 --> 17:05:36,000 and then you just fill in those numbers 25737 17:05:34,240 --> 17:05:39,400 like so if I check and see that we have 25738 17:05:36,000 --> 17:05:42,720 a $155,000 balance in Capital One 25739 17:05:39,400 --> 17:05:44,840 meaning we owe $155,000 on the card 25740 17:05:42,720 --> 17:05:47,276 these are just madeup numbers then an 25741 17:05:44,840 --> 17:05:50,560 important one to track that can be kind 25742 17:05:47,276 --> 17:05:53,476 of sneaky is your Facebook uh amount 25743 17:05:50,560 --> 17:05:55,000 outstanding so since Facebook doesn't 25744 17:05:53,476 --> 17:05:56,916 bill you for every dollar spent that 25745 17:05:55,000 --> 17:05:59,276 would lead to a lead to a crap ton of 25746 17:05:56,916 --> 17:06:00,520 charges they bill you in increments so 25747 17:05:59,276 --> 17:06:01,880 since this is a brand new account 25748 17:06:00,520 --> 17:06:04,476 they're billing us in very small 25749 17:06:01,880 --> 17:06:06,240 increments of just two bucks that's wild 25750 17:06:04,476 --> 17:06:08,040 that's actually even lower than I've 25751 17:06:06,240 --> 17:06:11,320 ever seen before but this is going to 25752 17:06:08,040 --> 17:06:13,040 incrementally increase up to like $900 25753 17:06:11,320 --> 17:06:15,116 you could owe anything between Zer and 25754 17:06:13,040 --> 17:06:17,200 900 bucks you want to capture that 25755 17:06:15,116 --> 17:06:19,276 because that's a a material amount to 25756 17:06:17,200 --> 17:06:22,796 keep track of so right now our balance 25757 17:06:19,276 --> 17:06:24,880 is just 92 cents nothing crazy easy do 25758 17:06:22,796 --> 17:06:27,520 the same thing in your Google ad account 25759 17:06:24,880 --> 17:06:30,596 so like say that we owe I don't know 20 25760 17:06:27,520 --> 17:06:32,436 bucks and then sales tax so we'll do a 25761 17:06:30,596 --> 17:06:33,520 whole separate lesson on sales tax but 25762 17:06:32,436 --> 17:06:35,240 you don't have to worry about this in 25763 17:06:33,520 --> 17:06:36,956 the beginning this is not Financial 25764 17:06:35,240 --> 17:06:38,840 advice this is not legal advice this is 25765 17:06:36,956 --> 17:06:41,476 nothing don't listen to me but your 25766 17:06:38,840 --> 17:06:43,756 sales tax that you're collecting from 25767 17:06:41,476 --> 17:06:46,080 your customers after you've surpassed 25768 17:06:43,756 --> 17:06:47,320 the thresholds that number shows up here 25769 17:06:46,080 --> 17:06:48,636 again we'll cover that in a separate 25770 17:06:47,320 --> 17:06:50,360 lesson but you want to make sure you're 25771 17:06:48,636 --> 17:06:51,680 tracking how much sales tax you're 25772 17:06:50,360 --> 17:06:53,720 collecting because that has to be 25773 17:06:51,680 --> 17:06:56,320 remitted to the state so that's another 25774 17:06:53,720 --> 17:06:57,880 accounts payable you don't actually own 25775 17:06:56,320 --> 17:06:59,840 that money and if you just hold on to it 25776 17:06:57,880 --> 17:07:02,680 then that's illegal so let's say that 25777 17:06:59,840 --> 17:07:05,200 we've collected 150 bucks in sales tax 25778 17:07:02,680 --> 17:07:07,320 then let's say in our affiliate software 25779 17:07:05,200 --> 17:07:09,636 we can see that Affiliates have driven 25780 17:07:07,320 --> 17:07:13,000 like I don't know 500 bucks in sales and 25781 17:07:09,636 --> 17:07:14,596 from that we owe $75 in payouts to them 25782 17:07:13,000 --> 17:07:16,880 it means that our total liabilities in 25783 17:07:14,596 --> 17:07:18,636 the company right now would be 25784 17:07:16,880 --> 17:07:21,596 $5,245 25785 17:07:18,636 --> 17:07:23,276 but then if we 25786 17:07:21,596 --> 17:07:26,596 then we go over to our accounts 25787 17:07:23,276 --> 17:07:28,560 receivable or assets we check our bank 25788 17:07:26,596 --> 17:07:31,116 account and see that we have 25 Grand 25789 17:07:28,560 --> 17:07:32,840 sitting in there then we check our the 25790 17:07:31,116 --> 17:07:35,560 amount that the sales that are in 25791 17:07:32,840 --> 17:07:39,400 transit from Shopify so the way we check 25792 17:07:35,560 --> 17:07:40,520 that is by going to finances payouts 25793 17:07:39,400 --> 17:07:42,596 again there's not going to be anything 25794 17:07:40,520 --> 17:07:44,520 here but it'll show you like the amount 25795 17:07:42,596 --> 17:07:46,520 that's collected from like your sales 25796 17:07:44,520 --> 17:07:48,080 that day it'll show you how much is 25797 17:07:46,520 --> 17:07:49,880 coming in actually I'll just show you on 25798 17:07:48,080 --> 17:07:51,276 the store we're running right now there 25799 17:07:49,880 --> 17:07:53,840 so here's a screenshot from the store 25800 17:07:51,276 --> 17:07:56,116 run running right now so our we can see 25801 17:07:53,840 --> 17:07:58,040 the previous amount that was paid out so 25802 17:07:56,116 --> 17:08:02,200 if I check the bank account I should see 25803 17:07:58,040 --> 17:08:04,160 that we have a $93 26 deposit from 25804 17:08:02,200 --> 17:08:05,880 Shopify into our bank account and then I 25805 17:08:04,160 --> 17:08:07,720 can see our next payout which is going 25806 17:08:05,880 --> 17:08:11,240 to be deposited on the 8th is going to 25807 17:08:07,720 --> 17:08:13,436 be for $1,292 66 and then we have a 25808 17:08:11,240 --> 17:08:17,080 balance that's yet to be paid out of 25809 17:08:13,436 --> 17:08:19,796 $468 75 so to get my Shopify Transit 25810 17:08:17,080 --> 17:08:22,276 amount here I would just hit equal and 25811 17:08:19,796 --> 17:08:23,520 enter amount one let's pretend it was 25812 17:08:22,276 --> 17:08:28,160 500 25813 17:08:23,520 --> 17:08:30,916 bucks 500 plus 25814 17:08:28,160 --> 17:08:32,720 750 and that's the amount that we can 25815 17:08:30,916 --> 17:08:35,880 expect like that's money that like it's 25816 17:08:32,720 --> 17:08:38,240 ours it's just on its way next is Paypal 25817 17:08:35,880 --> 17:08:39,636 hold so if you're a brand new PayPal 25818 17:08:38,240 --> 17:08:42,916 account sometimes they'll put like a 20 25819 17:08:39,636 --> 17:08:44,596 to 30% hold on your your transactions so 25820 17:08:42,916 --> 17:08:46,720 if you do 100 Grand in sales they're 25821 17:08:44,596 --> 17:08:49,796 going to keep 20 to 30 grand of it for 25822 17:08:46,720 --> 17:08:52,360 90 to upwards of 180 days I've had over 25823 17:08:49,796 --> 17:08:54,476 250 Grand held by pay pay for which 25824 17:08:52,360 --> 17:08:55,756 sucks but they do it for newer accounts 25825 17:08:54,476 --> 17:08:57,840 and they can get away with it cuz 25826 17:08:55,756 --> 17:08:59,200 they're PayPal but similar to Shopify 25827 17:08:57,840 --> 17:09:01,116 Transit you see what your PayPal 25828 17:08:59,200 --> 17:09:04,080 balances next this is kind of specific 25829 17:09:01,116 --> 17:09:06,636 to us but we do uh if you have a 2% cash 25830 17:09:04,080 --> 17:09:09,000 back card you can add in whatever your 25831 17:09:06,636 --> 17:09:11,080 rewards are up to uh and then printify 25832 17:09:09,000 --> 17:09:14,200 wallet this will normally just be zero 25833 17:09:11,080 --> 17:09:16,200 but if you if printify like refunds any 25834 17:09:14,200 --> 17:09:18,276 of your orders or anything your printify 25835 17:09:16,200 --> 17:09:19,916 wallet will start to rack up with I'll 25836 17:09:18,276 --> 17:09:23,240 show you where you can see that if you 25837 17:09:19,916 --> 17:09:25,560 go you're in printify you go to wallet 25838 17:09:23,240 --> 17:09:28,400 payments it would be this number here so 25839 17:09:25,560 --> 17:09:32,520 it's normally going to be zero cash back 25840 17:09:28,400 --> 17:09:35,000 zero zero and there you have it uh so 25841 17:09:32,520 --> 17:09:36,880 that's the total cash that we have in 25842 17:09:35,000 --> 17:09:38,200 the business but you see how important 25843 17:09:36,880 --> 17:09:40,596 this is that if we weren't running this 25844 17:09:38,200 --> 17:09:42,476 spreadsheet and we were just checking 25845 17:09:40,596 --> 17:09:44,880 our bank account balance I would think 25846 17:09:42,476 --> 17:09:47,956 that I have 25 Grand in the business 25847 17:09:44,880 --> 17:09:49,840 which is off by 14 Grand because I'm not 25848 17:09:47,956 --> 17:09:51,040 really or I mean maybe the credit card 25849 17:09:49,840 --> 17:09:52,680 balance that's a pretty easy one to 25850 17:09:51,040 --> 17:09:55,636 catch but like all these other ones I 25851 17:09:52,680 --> 17:09:57,756 use low numbers for examples but like 25852 17:09:55,636 --> 17:10:00,956 the Facebook balance could easily be 25853 17:09:57,756 --> 17:10:03,040 $8.97 Google could be like another 400 25854 17:10:00,956 --> 17:10:04,360 your sales tax could be like I think on 25855 17:10:03,040 --> 17:10:06,000 the other business we have like three or 25856 17:10:04,360 --> 17:10:08,040 four grand so far that we've collected 25857 17:10:06,000 --> 17:10:10,720 that's our bookkeepers in the process of 25858 17:10:08,040 --> 17:10:12,436 remitting so that can be a big number so 25859 17:10:10,720 --> 17:10:14,240 if you're not running this every day or 25860 17:10:12,436 --> 17:10:15,880 at least weekly you're going to miss 25861 17:10:14,240 --> 17:10:17,636 stuff like this and you get a false 25862 17:10:15,880 --> 17:10:19,520 perception of how like how well the 25863 17:10:17,636 --> 17:10:22,040 business is actually doing similarly you 25864 17:10:19,520 --> 17:10:24,320 can run your profit report and think 25865 17:10:22,040 --> 17:10:26,320 okay here's my my profit for the past 25866 17:10:24,320 --> 17:10:28,880 week just look at this 25867 17:10:26,320 --> 17:10:31,436 $532 in profit not bad that's how much 25868 17:10:28,880 --> 17:10:33,476 money I made which uh it's like 25869 17:10:31,436 --> 17:10:34,956 bookkeepers could go on bookkeepers and 25870 17:10:33,476 --> 17:10:37,956 accountants could go on about this for 25871 17:10:34,956 --> 17:10:39,840 for years but your your what your p&l 25872 17:10:37,956 --> 17:10:42,116 shows is not the actual amount that you 25873 17:10:39,840 --> 17:10:43,840 own in the bank that you have to go 25874 17:10:42,116 --> 17:10:45,320 through your balance sheet to find that 25875 17:10:43,840 --> 17:10:48,040 and so what I was doing is I was just 25876 17:10:45,320 --> 17:10:49,916 running the p&l I would go okay we're 25877 17:10:48,040 --> 17:10:51,560 doing well but then I would go to check 25878 17:10:49,916 --> 17:10:53,436 the balance sheet at the end end of the 25879 17:10:51,560 --> 17:10:54,756 month or check the bank account at the 25880 17:10:53,436 --> 17:10:56,476 end of the month and I'll be like where 25881 17:10:54,756 --> 17:10:57,880 the hell did all the money go and 25882 17:10:56,476 --> 17:10:59,636 there's just it's just Death By A 25883 17:10:57,880 --> 17:11:02,520 Thousand Cuts that there's so many 25884 17:10:59,636 --> 17:11:04,680 little transactions and fees and like 25885 17:11:02,520 --> 17:11:06,916 miscalculations that you just won't even 25886 17:11:04,680 --> 17:11:08,796 catch until you have like like a a CFO 25887 17:11:06,916 --> 17:11:10,476 or controller in your company like 25888 17:11:08,796 --> 17:11:12,436 there's just so many little things that 25889 17:11:10,476 --> 17:11:13,916 a personal spending if you like ever use 25890 17:11:12,436 --> 17:11:15,596 your business card for like going out 25891 17:11:13,916 --> 17:11:17,276 for dinners or anything like that that 25892 17:11:15,596 --> 17:11:19,476 number is not reflected in here anywhere 25893 17:11:17,276 --> 17:11:20,756 but you know what what does catch it is 25894 17:11:19,476 --> 17:11:22,520 running your balance sheet cuz the 25895 17:11:20,756 --> 17:11:24,956 balance sheet is just all things 25896 17:11:22,520 --> 17:11:27,040 considered here's where it's at and to 25897 17:11:24,956 --> 17:11:29,956 hammer home what I was saying earlier so 25898 17:11:27,040 --> 17:11:31,680 say that we were about reconciling your 25899 17:11:29,956 --> 17:11:32,956 p&l to your balance sheet if we're on 25900 17:11:31,680 --> 17:11:35,116 the second now and I'm running the 25901 17:11:32,956 --> 17:11:37,636 balance sheet for or I I just ran the 25902 17:11:35,116 --> 17:11:39,476 p&l for the first okay and I come up 25903 17:11:37,636 --> 17:11:42,916 with what's the final number it's not a 25904 17:11:39,476 --> 17:11:45,200 fun number for an example but say - 148 25905 17:11:42,916 --> 17:11:46,880 now I'm running the balance sheet on the 25906 17:11:45,200 --> 17:11:48,840 second in theory if I'm catching 25907 17:11:46,880 --> 17:11:52,360 everything then this number should be 25908 17:11:48,840 --> 17:11:54,636 just minus 148 okay but but because this 25909 17:11:52,360 --> 17:11:57,360 was the total amount like left over in 25910 17:11:54,636 --> 17:12:00,560 the business yesterday then yesterday 25911 17:11:57,360 --> 17:12:02,200 happened and we lost 148 so the number 25912 17:12:00,560 --> 17:12:04,476 after I fill in the balance sheet should 25913 17:12:02,200 --> 17:12:06,160 be that nine times out of 10 it will not 25914 17:12:04,476 --> 17:12:08,436 add up to exactly that because of all 25915 17:12:06,160 --> 17:12:10,636 the stuff we just talked about so long 25916 17:12:08,436 --> 17:12:13,000 story short run both your p&l and your 25917 17:12:10,636 --> 17:12:16,240 balance sheet and it'll it'll save you a 25918 17:12:13,000 --> 17:12:17,840 lot of a lot of time money and heartache 25919 17:12:16,240 --> 17:12:21,956 so there you have it hope this was 25920 17:12:17,840 --> 17:12:21,956 helpful and I'll see you soon 25921 17:12:23,060 --> 17:12:26,170 [Music] 25922 17:12:29,660 --> 17:12:33,436 [Music] 25923 17:12:31,320 --> 17:12:35,276 in this module we're going to be talking 25924 17:12:33,436 --> 17:12:37,956 about one of my favorite parts of 25925 17:12:35,276 --> 17:12:40,680 running a business customer service I 25926 17:12:37,956 --> 17:12:43,400 know that sounds really crazy because 25927 17:12:40,680 --> 17:12:46,080 who likes customer service but honestly 25928 17:12:43,400 --> 17:12:48,796 customer service is so important when it 25929 17:12:46,080 --> 17:12:52,360 comes to running your own business and 25930 17:12:48,796 --> 17:12:55,880 brand and I truly feel can make or break 25931 17:12:52,360 --> 17:12:58,476 the customer experience so just to help 25932 17:12:55,880 --> 17:13:00,956 prove my point there's actually a Forbes 25933 17:12:58,476 --> 17:13:03,116 article so you know it's legit coming 25934 17:13:00,956 --> 17:13:06,276 from Forbes and they have given a bunch 25935 17:13:03,116 --> 17:13:08,956 of statistics on the importance of great 25936 17:13:06,276 --> 17:13:11,320 customer experience and customer service 25937 17:13:08,956 --> 17:13:13,116 so 83% of companies that believe it's 25938 17:13:11,320 --> 17:13:16,160 important to make customers happy also 25939 17:13:13,116 --> 17:13:18,636 experience growing Revenue that number 25940 17:13:16,160 --> 17:13:21,636 alone is crazy and really it's 25941 17:13:18,636 --> 17:13:23,520 statistics like this that drive 25942 17:13:21,636 --> 17:13:26,956 the type of experience that I like to 25943 17:13:23,520 --> 17:13:28,840 give for our customers and why I strive 25944 17:13:26,956 --> 17:13:31,796 to be different from pretty much 25945 17:13:28,840 --> 17:13:33,636 everybody else another crazy statistic 25946 17:13:31,796 --> 17:13:36,636 customers switching companies due to 25947 17:13:33,636 --> 17:13:40,476 poor service costs us companies a total 25948 17:13:36,636 --> 17:13:43,720 of $16 trillion that is an insane amount 25949 17:13:40,476 --> 17:13:47,080 of money and not only that customers who 25950 17:13:43,720 --> 17:13:50,200 have had a positive interaction with a 25951 17:13:47,080 --> 17:13:51,720 brand they're more likely to tell their 25952 17:13:50,200 --> 17:13:54,596 friends about that and you're getting 25953 17:13:51,720 --> 17:13:56,840 Word of Mouth marketing is free like you 25954 17:13:54,596 --> 17:14:00,360 don't have to pay anything for that it 25955 17:13:56,840 --> 17:14:02,720 costs so much less to keep a customer a 25956 17:14:00,360 --> 17:14:05,116 happy customer than it does to piss off 25957 17:14:02,720 --> 17:14:06,840 a customer and have to go out and get 25958 17:14:05,116 --> 17:14:09,476 another brand new customer to come to 25959 17:14:06,840 --> 17:14:11,756 your store and buy so keeping those 25960 17:14:09,476 --> 17:14:14,360 kinds of Statistics in mind are really 25961 17:14:11,756 --> 17:14:17,796 what drive my thought process when it 25962 17:14:14,360 --> 17:14:20,040 comes to handling my customer service so 25963 17:14:17,796 --> 17:14:22,476 some big important factors of customer 25964 17:14:20,040 --> 17:14:24,520 service are specifically your support 25965 17:14:22,476 --> 17:14:26,560 email which we are going to go through 25966 17:14:24,520 --> 17:14:28,840 different ways for you to organize your 25967 17:14:26,560 --> 17:14:31,276 Gmail account into some different 25968 17:14:28,840 --> 17:14:33,400 mailboxes to keep customer service 25969 17:14:31,276 --> 17:14:35,680 tickets organized that way you don't 25970 17:14:33,400 --> 17:14:38,360 have to be breaking the bank and 25971 17:14:35,680 --> 17:14:40,360 purchasing an expensive customer service 25972 17:14:38,360 --> 17:14:41,560 application I think that's important 25973 17:14:40,360 --> 17:14:43,476 down the road but when you're first 25974 17:14:41,560 --> 17:14:45,916 starting out it's definitely not 25975 17:14:43,476 --> 17:14:48,080 necessary but staying organized 25976 17:14:45,916 --> 17:14:50,320 absolutely is necessary another thing 25977 17:14:48,080 --> 17:14:51,596 that we're going to be talking about in 25978 17:14:50,320 --> 17:14:55,160 this module 25979 17:14:51,596 --> 17:14:57,636 is how we structure our return and 25980 17:14:55,160 --> 17:15:00,436 exchange policy and I'm going to talk 25981 17:14:57,636 --> 17:15:03,756 about how I interact with our customers 25982 17:15:00,436 --> 17:15:05,916 and my philosophy on customer service to 25983 17:15:03,756 --> 17:15:08,840 help you get a better understanding of 25984 17:15:05,916 --> 17:15:12,116 why we do what we do so first let's get 25985 17:15:08,840 --> 17:15:14,520 into Gmail and organize our account a 25986 17:15:12,116 --> 17:15:17,636 little bit so it makes it a lot easier 25987 17:15:14,520 --> 17:15:19,956 for you to take those uh customer 25988 17:15:17,636 --> 17:15:21,756 service requests and keep a close eye on 25989 17:15:19,956 --> 17:15:24,240 them and know that you are making your 25990 17:15:21,756 --> 17:15:26,796 customers happy and taking care of them 25991 17:15:24,240 --> 17:15:28,880 so as you can see our primary tab is 25992 17:15:26,796 --> 17:15:31,880 empty I've set up where we have primary 25993 17:15:28,880 --> 17:15:33,916 social and update tabs at the top so 25994 17:15:31,880 --> 17:15:35,956 primary is where pretty much all of your 25995 17:15:33,916 --> 17:15:38,116 emails should be coming into anything 25996 17:15:35,956 --> 17:15:41,200 from a customer should pop up here in 25997 17:15:38,116 --> 17:15:43,400 this primary email in the updates I have 25998 17:15:41,200 --> 17:15:46,596 moved over all of the emails that we 25999 17:15:43,400 --> 17:15:49,116 currently have in our Gmail account 26000 17:15:46,596 --> 17:15:50,880 because we use this email to sign up for 26001 17:15:49,116 --> 17:15:53,200 different applications and different go 26002 17:15:50,880 --> 17:15:55,240 Google accounts and that kind of stuff 26003 17:15:53,200 --> 17:15:57,436 so I've moved them over here because 26004 17:15:55,240 --> 17:15:59,560 these are things that yes we'll probably 26005 17:15:57,436 --> 17:16:00,880 look at from time to time but when it 26006 17:15:59,560 --> 17:16:03,200 comes to customer service we're not 26007 17:16:00,880 --> 17:16:05,796 really handling that so I've created a 26008 17:16:03,200 --> 17:16:08,000 label over here business related emails 26009 17:16:05,796 --> 17:16:10,636 so anytime I get one I can just throw 26010 17:16:08,000 --> 17:16:12,636 that label on it and move it over to the 26011 17:16:10,636 --> 17:16:15,116 updates tab but our main focus is going 26012 17:16:12,636 --> 17:16:17,320 to be right here in the primary tab in 26013 17:16:15,116 --> 17:16:19,520 order to keep things organized we can 26014 17:16:17,320 --> 17:16:23,116 create different labels that then we can 26015 17:16:19,520 --> 17:16:24,916 add and take away from emails so for the 26016 17:16:23,116 --> 17:16:27,400 time being I'm just going to send a test 26017 17:16:24,916 --> 17:16:30,160 email and we can play around with this 26018 17:16:27,400 --> 17:16:32,400 email and I'll show you how I would 26019 17:16:30,160 --> 17:16:34,596 specifically handle it okay so I've just 26020 17:16:32,400 --> 17:16:38,200 sent that email let's wait for that to 26021 17:16:34,596 --> 17:16:41,116 pop up right here in our mail box okay 26022 17:16:38,200 --> 17:16:42,840 and so here's our email so this is how 26023 17:16:41,116 --> 17:16:44,636 your customer service emails are going 26024 17:16:42,840 --> 17:16:47,080 to come in you're going to see this 26025 17:16:44,636 --> 17:16:48,680 subject line I need help and we can look 26026 17:16:47,080 --> 17:16:51,276 at the preview my order arrived with a 26027 17:16:48,680 --> 17:16:53,840 torn sleeve please help so we already 26028 17:16:51,276 --> 17:16:55,560 have the gist of what's going on so some 26029 17:16:53,840 --> 17:16:59,040 different labels that I would create so 26030 17:16:55,560 --> 17:17:02,476 that we can best organize these emails 26031 17:16:59,040 --> 17:17:02,476 would be open 26032 17:17:02,560 --> 17:17:08,796 ticket closed ticket and a ticket is 26033 17:17:06,000 --> 17:17:11,596 basically the service request from the 26034 17:17:08,796 --> 17:17:14,436 customer right now I would label this 26035 17:17:11,596 --> 17:17:16,436 email as an open ticket because we have 26036 17:17:14,436 --> 17:17:18,320 not yet solved the problem once the 26037 17:17:16,436 --> 17:17:20,320 problem has been solved the issue has 26038 17:17:18,320 --> 17:17:21,276 been addressed we can then give it that 26039 17:17:20,320 --> 17:17:24,116 close 26040 17:17:21,276 --> 17:17:28,840 ticket label we can also come up with 26041 17:17:24,116 --> 17:17:31,840 some different labels as like defect 26042 17:17:28,840 --> 17:17:35,276 wrong 26043 17:17:31,840 --> 17:17:35,276 size wrong 26044 17:17:35,360 --> 17:17:40,360 color address issue because people say 26045 17:17:38,080 --> 17:17:43,200 they put in the wrong 26046 17:17:40,360 --> 17:17:46,080 issue return 26047 17:17:43,200 --> 17:17:47,916 request refund request and we may think 26048 17:17:46,080 --> 17:17:49,116 of some others along the way the next 26049 17:17:47,916 --> 17:17:52,680 thing that you can do is you can 26050 17:17:49,116 --> 17:17:54,840 actually label all of these tickets when 26051 17:17:52,680 --> 17:17:57,240 you would open this you would want to 26052 17:17:54,840 --> 17:18:02,436 label it as an open ticket now and you'd 26053 17:17:57,240 --> 17:18:04,436 also want to label it as a defect so now 26054 17:18:02,436 --> 17:18:07,080 if we go back to our inbox you can see 26055 17:18:04,436 --> 17:18:09,916 it's a defect it's an open ticket so 26056 17:18:07,080 --> 17:18:12,680 that way we know this issue has not been 26057 17:18:09,916 --> 17:18:15,636 addressed and it's a defect and these 26058 17:18:12,680 --> 17:18:16,916 labels will slowly start to build up and 26059 17:18:15,636 --> 17:18:18,436 then you can look at what are your 26060 17:18:16,916 --> 17:18:19,916 biggest issues that you're currently 26061 17:18:18,436 --> 17:18:22,040 having within your brand and you can 26062 17:18:19,916 --> 17:18:24,956 make changes based off of that which is 26063 17:18:22,040 --> 17:18:26,596 really nice but we have this nice defect 26064 17:18:24,956 --> 17:18:29,000 order so we're going to reach out to the 26065 17:18:26,596 --> 17:18:30,956 customer you can automatically look at 26066 17:18:29,000 --> 17:18:33,080 the customer's name or the email that 26067 17:18:30,956 --> 17:18:35,560 they used and look it up in Shopify to 26068 17:18:33,080 --> 17:18:38,756 see if they are a customer so in order 26069 17:18:35,560 --> 17:18:40,276 to do that we can open up Shopify again 26070 17:18:38,756 --> 17:18:42,400 there aren't going to be any customers 26071 17:18:40,276 --> 17:18:45,040 here cuz we haven't started driving 26072 17:18:42,400 --> 17:18:47,720 track to this site but you could put 26073 17:18:45,040 --> 17:18:50,720 that search in here so we could 26074 17:18:47,720 --> 17:18:52,276 say NOP nothing so that's not POS 26075 17:18:50,720 --> 17:18:54,320 popping up we can try the email the 26076 17:18:52,276 --> 17:18:55,320 email address still isn't popping up so 26077 17:18:54,320 --> 17:18:57,400 the first thing that we're going to need 26078 17:18:55,320 --> 17:19:00,040 to do and ask from this customer since 26079 17:18:57,400 --> 17:19:02,040 we can't find their name their email 26080 17:19:00,040 --> 17:19:04,000 address therefore we can't find the 26081 17:19:02,040 --> 17:19:06,400 order that they're talking about you 26082 17:19:04,000 --> 17:19:08,680 would want to reply to them and say hi 26083 17:19:06,400 --> 17:19:11,040 thank you for reaching out to seasonal 26084 17:19:08,680 --> 17:19:14,436 collections we are so sorry that you had 26085 17:19:11,040 --> 17:19:17,080 this defect on your clothing we've tried 26086 17:19:14,436 --> 17:19:19,116 looking you up in our customer database 26087 17:19:17,080 --> 17:19:21,200 and we're not able to match the name or 26088 17:19:19,116 --> 17:19:23,880 the email to an order would you happen 26089 17:19:21,200 --> 17:19:25,956 to have the order number or the email 26090 17:19:23,880 --> 17:19:27,400 address that you used so that we can 26091 17:19:25,956 --> 17:19:30,720 find this order and make sure that we 26092 17:19:27,400 --> 17:19:33,560 make this right in the meantime if you 26093 17:19:30,720 --> 17:19:36,160 wouldn't mind sending an image a picture 26094 17:19:33,560 --> 17:19:39,160 of that defect as well showing the full 26095 17:19:36,160 --> 17:19:41,520 t-shirt or the full hoodie the rip and 26096 17:19:39,160 --> 17:19:44,436 the design that would be so helpful so 26097 17:19:41,520 --> 17:19:47,360 that we can actually get this defect 26098 17:19:44,436 --> 17:19:49,436 addressed and figure out how we can best 26099 17:19:47,360 --> 17:19:51,436 take care of this for you I say that 26100 17:19:49,436 --> 17:19:53,956 because printify is going to ask for 26101 17:19:51,436 --> 17:19:56,000 those images to see that defective shirt 26102 17:19:53,956 --> 17:19:58,160 we have to provide that image for them 26103 17:19:56,000 --> 17:20:00,880 they will say yep that's right this is 26104 17:19:58,160 --> 17:20:02,560 definitely an issue on our part we will 26105 17:20:00,880 --> 17:20:05,116 either send a new t-shirt or we can 26106 17:20:02,560 --> 17:20:06,276 refund this order for you so there's 26107 17:20:05,116 --> 17:20:08,436 definitely different ways that you can 26108 17:20:06,276 --> 17:20:11,476 handle customer service issues and I 26109 17:20:08,436 --> 17:20:14,476 will link all of them below somewhere in 26110 17:20:11,476 --> 17:20:16,160 this video I will link all of the kind 26111 17:20:14,476 --> 17:20:19,476 of customer service issues that you 26112 17:20:16,160 --> 17:20:22,320 could have as well as easy solutions and 26113 17:20:19,476 --> 17:20:25,116 how to best serve those customers very 26114 17:20:22,320 --> 17:20:27,916 quickly because a fast response rate is 26115 17:20:25,116 --> 17:20:30,596 huge people want to know that somebody 26116 17:20:27,916 --> 17:20:32,680 has seen opened their email they also 26117 17:20:30,596 --> 17:20:34,476 want to know that they've been heard so 26118 17:20:32,680 --> 17:20:35,916 a lot of times customers when they're 26119 17:20:34,476 --> 17:20:38,680 reaching out to customer service they're 26120 17:20:35,916 --> 17:20:40,720 not happy they're upset because either 26121 17:20:38,680 --> 17:20:43,000 it was the wrong size the wrong color 26122 17:20:40,720 --> 17:20:44,916 the print was off center typically it's 26123 17:20:43,000 --> 17:20:47,080 more of a negative experience for the 26124 17:20:44,916 --> 17:20:48,840 customer and our goal is to turn that 26125 17:20:47,080 --> 17:20:51,040 negative experience into a positive 26126 17:20:48,840 --> 17:20:52,756 experience and one that's not painful 26127 17:20:51,040 --> 17:20:54,476 if you have a customer who's trying to 26128 17:20:52,756 --> 17:20:55,840 continue to jump through hoops they're 26129 17:20:54,476 --> 17:20:57,040 just going to get aggravated and they're 26130 17:20:55,840 --> 17:20:58,840 going to say you know what this isn't 26131 17:20:57,040 --> 17:21:01,160 worth my time I'm not purchasing from 26132 17:20:58,840 --> 17:21:02,916 this company again I'm done versus 26133 17:21:01,160 --> 17:21:04,720 listening to them listening to what they 26134 17:21:02,916 --> 17:21:07,116 need what they want how they want this 26135 17:21:04,720 --> 17:21:09,476 issue resolved and then making it happen 26136 17:21:07,116 --> 17:21:11,756 kind of going back to those statistics 26137 17:21:09,476 --> 17:21:13,796 so let's just say the customer got us 26138 17:21:11,756 --> 17:21:15,796 the image we reached out to printify 26139 17:21:13,796 --> 17:21:17,956 printify they're going to send us a new 26140 17:21:15,796 --> 17:21:20,476 shirt that's great the customer is taken 26141 17:21:17,956 --> 17:21:22,080 care of we tell them hey Meg thank you 26142 17:21:20,476 --> 17:21:24,476 thank you so much for the image that you 26143 17:21:22,080 --> 17:21:26,200 sent us it worked out perfectly we are 26144 17:21:24,476 --> 17:21:28,000 actually going to be able to send you a 26145 17:21:26,200 --> 17:21:31,080 brand new shirt free of charge to the 26146 17:21:28,000 --> 17:21:33,080 address that you provided for us we are 26147 17:21:31,080 --> 17:21:35,240 so upset that this happened to you and 26148 17:21:33,080 --> 17:21:37,756 that is definitely not the customer 26149 17:21:35,240 --> 17:21:40,436 experience that we want our customers to 26150 17:21:37,756 --> 17:21:42,040 have so you close the loop you let the 26151 17:21:40,436 --> 17:21:44,200 customer know how you've handled this 26152 17:21:42,040 --> 17:21:47,320 situation how you've covered it and once 26153 17:21:44,200 --> 17:21:50,000 that's done you can then take off that 26154 17:21:47,320 --> 17:21:52,840 open ticket and put a closed ticket 26155 17:21:50,000 --> 17:21:55,160 label on instead and once it's closed 26156 17:21:52,840 --> 17:21:57,560 you could just move it over to social so 26157 17:21:55,160 --> 17:21:59,796 primary can keep your open tabs your 26158 17:21:57,560 --> 17:22:01,956 Open tickets while social can then hold 26159 17:21:59,796 --> 17:22:04,200 your closed so you still have all of 26160 17:22:01,956 --> 17:22:06,476 those closed tickets you can refer back 26161 17:22:04,200 --> 17:22:07,756 to them make any kind of reach back out 26162 17:22:06,476 --> 17:22:09,240 to those customers if they're still 26163 17:22:07,756 --> 17:22:11,320 having an issue or if you want to check 26164 17:22:09,240 --> 17:22:13,040 in and see how things went but other 26165 17:22:11,320 --> 17:22:15,276 than that you can keep it in this closed 26166 17:22:13,040 --> 17:22:17,880 area so it's not just clogging up this 26167 17:22:15,276 --> 17:22:19,956 primary inbox now typically when you're 26168 17:22:17,880 --> 17:22:22,476 first starting out you don't have that 26169 17:22:19,956 --> 17:22:24,400 many customer service emails once in a 26170 17:22:22,476 --> 17:22:25,680 while you'll get some but once you start 26171 17:22:24,400 --> 17:22:27,880 scaling up there's a good chance that 26172 17:22:25,680 --> 17:22:30,520 you'll have probably close to 20 tickets 26173 17:22:27,880 --> 17:22:32,840 per day I would say so keeping this 26174 17:22:30,520 --> 17:22:34,636 organized and making labels it would be 26175 17:22:32,840 --> 17:22:36,360 really nice if I was able to color code 26176 17:22:34,636 --> 17:22:38,360 these labels which I know there is a way 26177 17:22:36,360 --> 17:22:41,116 to do it it's just not letting me but 26178 17:22:38,360 --> 17:22:43,400 color coding them is a great way to just 26179 17:22:41,116 --> 17:22:45,560 continue to organize and keep a better 26180 17:22:43,400 --> 17:22:47,436 eye on your customer service stuff if an 26181 17:22:45,560 --> 17:22:48,916 open ticket you could label red that's 26182 17:22:47,436 --> 17:22:51,116 how you know it's really important this 26183 17:22:48,916 --> 17:22:53,000 is not closed yet I have not not close 26184 17:22:51,116 --> 17:22:55,276 loop with this customer how am I going 26185 17:22:53,000 --> 17:22:57,840 to fix this who am I waiting on those 26186 17:22:55,276 --> 17:22:59,436 kinds of things yeah now a question that 26187 17:22:57,840 --> 17:23:02,000 we get asked a lot in our school 26188 17:22:59,436 --> 17:23:04,080 Community is how do we handle return 26189 17:23:02,000 --> 17:23:06,560 requests because you will get that you 26190 17:23:04,080 --> 17:23:09,400 will have people who they just didn't 26191 17:23:06,560 --> 17:23:11,596 love the order they will say this shirt 26192 17:23:09,400 --> 17:23:14,796 quality was not the kind of quality that 26193 17:23:11,596 --> 17:23:16,636 I was expecting or the graphic just 26194 17:23:14,796 --> 17:23:18,720 doesn't seem to match the picture that I 26195 17:23:16,636 --> 17:23:21,596 saw online whatever it may be people 26196 17:23:18,720 --> 17:23:23,240 typically like to be ble to return their 26197 17:23:21,596 --> 17:23:26,040 shirt print on demand is a little bit 26198 17:23:23,240 --> 17:23:28,360 different because we don't hold stock so 26199 17:23:26,040 --> 17:23:30,360 typically if we were taking a return 26200 17:23:28,360 --> 17:23:32,240 back that shirt would then go on a shelf 26201 17:23:30,360 --> 17:23:33,880 if somebody else ordered the shirt would 26202 17:23:32,240 --> 17:23:35,680 come off the shelf and shipped to 26203 17:23:33,880 --> 17:23:37,080 another customer but print on demand 26204 17:23:35,680 --> 17:23:38,916 doesn't work that way because they're 26205 17:23:37,080 --> 17:23:41,400 just pulling a blank they're putting on 26206 17:23:38,916 --> 17:23:43,200 our graphic design and then shipping it 26207 17:23:41,400 --> 17:23:45,880 to the customer you have to be very 26208 17:23:43,200 --> 17:23:48,796 transparent in your return policy we can 26209 17:23:45,880 --> 17:23:51,320 take a look at what our policy is this 26210 17:23:48,796 --> 17:23:53,840 would be our refund and like return you 26211 17:23:51,320 --> 17:23:55,520 have a 30-day return policy be eligible 26212 17:23:53,840 --> 17:23:57,360 for a return the item must be in the 26213 17:23:55,520 --> 17:24:00,040 same condition you received it unworn 26214 17:23:57,360 --> 17:24:02,560 unused with tags and in its original 26215 17:24:00,040 --> 17:24:04,720 packaging you also need the receipt or 26216 17:24:02,560 --> 17:24:06,796 proof of purchase again we have our 26217 17:24:04,720 --> 17:24:10,000 support email here for them to contact 26218 17:24:06,796 --> 17:24:13,200 us if your return is accepted again we 26219 17:24:10,000 --> 17:24:15,400 are not going to ever send out a return 26220 17:24:13,200 --> 17:24:18,000 label you could and you can accept them 26221 17:24:15,400 --> 17:24:19,200 like at your home address or to a PO Box 26222 17:24:18,000 --> 17:24:22,160 um but typically what we're going to 26223 17:24:19,200 --> 17:24:24,560 tell those customers is please keep the 26224 17:24:22,160 --> 17:24:26,360 shirt we'll give you a refund because 26225 17:24:24,560 --> 17:24:28,520 you weren't happy with the order 26226 17:24:26,360 --> 17:24:30,476 whatever it may be but please keep the 26227 17:24:28,520 --> 17:24:32,636 shirt and either give it to a friend who 26228 17:24:30,476 --> 17:24:35,240 would like the shirt or even better give 26229 17:24:32,636 --> 17:24:37,276 it to somebody in need um and that way 26230 17:24:35,240 --> 17:24:39,436 your customer service turns into doing 26231 17:24:37,276 --> 17:24:41,320 good like you're not just in it for no 26232 17:24:39,436 --> 17:24:43,276 you're not getting your money back and 26233 17:24:41,320 --> 17:24:45,240 you can't return it sorry better luck 26234 17:24:43,276 --> 17:24:47,080 next time there's a lot of companies who 26235 17:24:45,240 --> 17:24:48,840 handle their customer service that way 26236 17:24:47,080 --> 17:24:50,840 and that is just going to lead to a 26237 17:24:48,840 --> 17:24:53,560 negative experience every every single 26238 17:24:50,840 --> 17:24:56,200 time so if you can give it a positive 26239 17:24:53,560 --> 17:24:59,000 turn and say Hey Joe we're so sorry that 26240 17:24:56,200 --> 17:25:01,160 you didn't like the t-shirt that you 26241 17:24:59,000 --> 17:25:03,000 received we've gone ahead and we've 26242 17:25:01,160 --> 17:25:04,880 given you a full refund on your order 26243 17:25:03,000 --> 17:25:08,040 please don't worry about returning the 26244 17:25:04,880 --> 17:25:09,720 shirt um instead please find a friend 26245 17:25:08,040 --> 17:25:12,436 that would enjoy this shirt or donate it 26246 17:25:09,720 --> 17:25:14,360 to a homeless shelter somebody in need 26247 17:25:12,436 --> 17:25:16,436 somebody where this shirt could brighten 26248 17:25:14,360 --> 17:25:18,596 their day a lot of people are very taken 26249 17:25:16,436 --> 17:25:20,360 back by that and very impressed with 26250 17:25:18,596 --> 17:25:22,560 that kind of customer service because 26251 17:25:20,360 --> 17:25:24,240 very rarely does customer service like 26252 17:25:22,560 --> 17:25:26,040 that happen can be a little hard when 26253 17:25:24,240 --> 17:25:28,596 you're first starting out and you're not 26254 17:25:26,040 --> 17:25:30,520 scaled up to a point where you can cover 26255 17:25:28,596 --> 17:25:32,560 those kinds of situations but I 26256 17:25:30,520 --> 17:25:35,276 guarantee that's going to keep a 26257 17:25:32,560 --> 17:25:37,880 customer more than anything else that 26258 17:25:35,276 --> 17:25:40,000 you can provide so even though you can't 26259 17:25:37,880 --> 17:25:42,276 physically accept the return you 26260 17:25:40,000 --> 17:25:44,560 absolutely can still make the customer 26261 17:25:42,276 --> 17:25:47,000 happy and hey maybe we're not that 26262 17:25:44,560 --> 17:25:49,040 customer's cup of tea but maybe he has 26263 17:25:47,000 --> 17:25:51,636 three friends who are really into your 26264 17:25:49,040 --> 17:25:53,200 niche as well and they love your teeth 26265 17:25:51,636 --> 17:25:54,680 they love the fit of them they love the 26266 17:25:53,200 --> 17:25:57,320 material that they're made out of they 26267 17:25:54,680 --> 17:26:00,160 want to wear them every day and that 26268 17:25:57,320 --> 17:26:02,116 kind of word of mouth marketing is worth 26269 17:26:00,160 --> 17:26:05,040 10 times what you just refunded the 26270 17:26:02,116 --> 17:26:06,560 order for so saying that you can't get 26271 17:26:05,040 --> 17:26:09,320 things returned that kind of gives 26272 17:26:06,560 --> 17:26:13,160 people the idea again exchanges work the 26273 17:26:09,320 --> 17:26:16,276 same way unless it's a printify issue so 26274 17:26:13,160 --> 17:26:18,756 if a customer is reaching out saying hey 26275 17:26:16,276 --> 17:26:20,436 I ordered a size large but received a 26276 17:26:18,756 --> 17:26:22,040 small you're then going to look at that 26277 17:26:20,436 --> 17:26:23,840 order you're going to say that's really 26278 17:26:22,040 --> 17:26:25,400 odd they did order a large but the 26279 17:26:23,840 --> 17:26:27,200 picture they sent is a small shirt 26280 17:26:25,400 --> 17:26:29,400 you're going to send that proof to 26281 17:26:27,200 --> 17:26:32,080 printify and say hey this customer got 26282 17:26:29,400 --> 17:26:34,796 the wrong size printify will then again 26283 17:26:32,080 --> 17:26:37,080 either reship the shirt or they will 26284 17:26:34,796 --> 17:26:38,560 refund the order and again the customer 26285 17:26:37,080 --> 17:26:39,636 gets to keep that so A lot of times 26286 17:26:38,560 --> 17:26:41,200 customers will reach out and they're 26287 17:26:39,636 --> 17:26:43,240 like okay what do you want with this 26288 17:26:41,200 --> 17:26:46,040 shirt you just say please keep that 26289 17:26:43,240 --> 17:26:48,320 shirt and donate it to somebody in need 26290 17:26:46,040 --> 17:26:49,680 or give it to a friend and they're very 26291 17:26:48,320 --> 17:26:51,956 impressed by that they don't have to go 26292 17:26:49,680 --> 17:26:54,200 to up yes they don't have to go through 26293 17:26:51,956 --> 17:26:56,276 the mess of returning a shirt and it 26294 17:26:54,200 --> 17:26:58,160 works out for you too it's like a win 26295 17:26:56,276 --> 17:27:00,200 but there's definitely issues with 26296 17:26:58,160 --> 17:27:02,880 orders the brand that we run right now I 26297 17:27:00,200 --> 17:27:06,680 think our returns are less than 26298 17:27:02,880 --> 17:27:08,160 1% of over overall Revenue we have that 26299 17:27:06,680 --> 17:27:10,000 buffer where we're able to help 26300 17:27:08,160 --> 17:27:12,000 customers out in that kind of way and 26301 17:27:10,000 --> 17:27:14,400 again we've only seen it as a positive I 26302 17:27:12,000 --> 17:27:16,560 don't know about you but I can't stand 26303 17:27:14,400 --> 17:27:19,116 when I reach out to a customer service 26304 17:27:16,560 --> 17:27:22,160 for a business and I just get the 26305 17:27:19,116 --> 17:27:24,596 generic Auto message that we have up to 26306 17:27:22,160 --> 17:27:26,360 72 hours to reach out to you it drives 26307 17:27:24,596 --> 17:27:28,160 me nuts at least and I think it's 26308 17:27:26,360 --> 17:27:30,240 important as a small business to be 26309 17:27:28,160 --> 17:27:32,880 getting back to our customers even 26310 17:27:30,240 --> 17:27:34,476 faster than these big businesses do and 26311 17:27:32,880 --> 17:27:38,560 handling the customer service 26312 17:27:34,476 --> 17:27:42,320 differently I actually created my own 26313 17:27:38,560 --> 17:27:44,200 GPT for my current brand that I run and 26314 17:27:42,320 --> 17:27:46,520 I basically can just feed it an email 26315 17:27:44,200 --> 17:27:48,796 it'll read the email and spit out a 26316 17:27:46,520 --> 17:27:50,276 personalized response based off of all 26317 17:27:48,796 --> 17:27:53,680 the different documentation that I've 26318 17:27:50,276 --> 17:27:56,276 given that GPT of our refund policy our 26319 17:27:53,680 --> 17:27:58,880 return policy if somebody asks to return 26320 17:27:56,276 --> 17:28:02,276 it it already knows to say please help 26321 17:27:58,880 --> 17:28:04,436 spread our mission and give this product 26322 17:28:02,276 --> 17:28:07,080 to a friend or somebody in need and help 26323 17:28:04,436 --> 17:28:09,840 to brighten their day so there are ways 26324 17:28:07,080 --> 17:28:12,276 for you to make customer service easier 26325 17:28:09,840 --> 17:28:14,560 on yourself because I do have to say it 26326 17:28:12,276 --> 17:28:15,916 will get daunting and sometimes just I 26327 17:28:14,560 --> 17:28:17,956 don't want to say depressing but like it 26328 17:28:15,916 --> 17:28:19,680 can be a lot because you can be dealing 26329 17:28:17,956 --> 17:28:21,400 with customers who are really just not 26330 17:28:19,680 --> 17:28:23,840 happy individuals so it can be very 26331 17:28:21,400 --> 17:28:25,880 draining so if you can remove you having 26332 17:28:23,840 --> 17:28:27,320 to give that like Personal Touch and 26333 17:28:25,880 --> 17:28:29,160 being a business owner you're going to 26334 17:28:27,320 --> 17:28:30,596 feel it like 10 times more than if you 26335 17:28:29,160 --> 17:28:32,916 were just a customer service 26336 17:28:30,596 --> 17:28:34,000 representative for a company you're just 26337 17:28:32,916 --> 17:28:35,360 going to feel it more because you're 26338 17:28:34,000 --> 17:28:37,320 like this is my brand this is what I 26339 17:28:35,360 --> 17:28:39,320 stand behind I can't believe somebody is 26340 17:28:37,320 --> 17:28:41,276 saying this about me but really it's not 26341 17:28:39,320 --> 17:28:43,360 about you it's just you're never going 26342 17:28:41,276 --> 17:28:44,560 to please everybody everyone people are 26343 17:28:43,360 --> 17:28:45,560 going to have a problem with the fit 26344 17:28:44,560 --> 17:28:47,200 they're going to have problem with the 26345 17:28:45,560 --> 17:28:49,520 material you could use the nicest 26346 17:28:47,200 --> 17:28:50,840 quality t-shirt on the market and 26347 17:28:49,520 --> 17:28:53,080 somebody's not not going to be happy 26348 17:28:50,840 --> 17:28:54,916 with it it's just impossible to please 26349 17:28:53,080 --> 17:28:57,636 everybody keeping that big picture in 26350 17:28:54,916 --> 17:29:00,040 mind and coming up with a personalized 26351 17:28:57,636 --> 17:29:01,880 response back makes a person really feel 26352 17:29:00,040 --> 17:29:03,840 like they've been heard because so much 26353 17:29:01,880 --> 17:29:05,880 customer service today is just turning 26354 17:29:03,840 --> 17:29:07,720 into clicking a few buttons and 26355 17:29:05,880 --> 17:29:09,320 hopefully taking care of your problem 26356 17:29:07,720 --> 17:29:12,160 instead of having a personal 26357 17:29:09,320 --> 17:29:14,756 conversation so we found that actually 26358 17:29:12,160 --> 17:29:16,880 creating an email based off directly off 26359 17:29:14,756 --> 17:29:19,720 of what this customer has sent to us 26360 17:29:16,880 --> 17:29:22,520 using the chat GPT that we created has a 26361 17:29:19,720 --> 17:29:24,796 great response back from customers so I 26362 17:29:22,520 --> 17:29:26,756 highly suggest taking the time learning 26363 17:29:24,796 --> 17:29:28,840 some customer service and absolutely 26364 17:29:26,756 --> 17:29:30,360 running it for yourself for a while 26365 17:29:28,840 --> 17:29:33,240 because you're going to learn so much 26366 17:29:30,360 --> 17:29:36,200 about your brand and how to communicate 26367 17:29:33,240 --> 17:29:38,436 with customers and how to best handle 26368 17:29:36,200 --> 17:29:41,200 these kinds of situations again it's a 26369 17:29:38,436 --> 17:29:43,360 lot of repeat issues over and over again 26370 17:29:41,200 --> 17:29:45,880 but I think it's a really important area 26371 17:29:43,360 --> 17:29:47,520 of business that often time gets 26372 17:29:45,880 --> 17:29:49,200 overlooked and if we didn't have our 26373 17:29:47,520 --> 17:29:51,520 customers we really wouldn't be a 26374 17:29:49,200 --> 17:29:53,636 business so keeping that in mind and 26375 17:29:51,520 --> 17:29:55,636 keeping the customer in mind I think is 26376 17:29:53,636 --> 17:29:58,636 one of the most important things now if 26377 17:29:55,636 --> 17:30:00,796 you did need to refund a customer you 26378 17:29:58,636 --> 17:30:03,476 would want to go to Shopify you can go 26379 17:30:00,796 --> 17:30:05,596 to orders or you can go to customers and 26380 17:30:03,476 --> 17:30:07,596 then find the order so we don't have an 26381 17:30:05,596 --> 17:30:09,400 order at this moment but orders would 26382 17:30:07,596 --> 17:30:12,116 pop up here you can click the order that 26383 17:30:09,400 --> 17:30:14,720 has an issue and at the bottom once 26384 17:30:12,116 --> 17:30:17,000 you've opened up that order it'll say or 26385 17:30:14,720 --> 17:30:19,040 up here it'll allow you to refund the 26386 17:30:17,000 --> 17:30:20,436 customer so if it is an issue where the 26387 17:30:19,040 --> 17:30:22,276 customer wants their money back you 26388 17:30:20,436 --> 17:30:25,080 would simply just click that little 26389 17:30:22,276 --> 17:30:26,720 refund button and it would automatically 26390 17:30:25,080 --> 17:30:29,636 send an email to the customer saying 26391 17:30:26,720 --> 17:30:31,436 that an a refund has been initiated and 26392 17:30:29,636 --> 17:30:33,436 when you do reach out to that customer 26393 17:30:31,436 --> 17:30:36,276 you just have to let them know that it 26394 17:30:33,436 --> 17:30:37,680 can take up to a week for that money to 26395 17:30:36,276 --> 17:30:39,680 go back to the account it's not going to 26396 17:30:37,680 --> 17:30:41,880 be instant so just educating the 26397 17:30:39,680 --> 17:30:43,400 customer on what to expect so that 2 26398 17:30:41,880 --> 17:30:45,756 days later you're not getting another 26399 17:30:43,400 --> 17:30:46,916 nasty email saying like where's my money 26400 17:30:45,756 --> 17:30:48,720 you said you were going to give it to me 26401 17:30:46,916 --> 17:30:50,596 and this isn't legitimate it's 26402 17:30:48,720 --> 17:30:52,720 legitimate so just giving the customer 26403 17:30:50,596 --> 17:30:55,636 as much information as possible of where 26404 17:30:52,720 --> 17:30:58,320 you are in the customer service process 26405 17:30:55,636 --> 17:31:00,200 is extremely important and just the 26406 17:30:58,320 --> 17:31:01,956 better that you can communicate the 26407 17:31:00,200 --> 17:31:03,596 better it's going to be for yourself or 26408 17:31:01,956 --> 17:31:06,240 your customer service rep that you will 26409 17:31:03,596 --> 17:31:09,880 eventually hire but yeah that's how I 26410 17:31:06,240 --> 17:31:11,916 would organize our Gmail account I'll 26411 17:31:09,880 --> 17:31:14,040 show over the course of the next 30 days 26412 17:31:11,916 --> 17:31:16,436 in our in our paid group how we handle 26413 17:31:14,040 --> 17:31:19,276 customer service tickets I'll do some 26414 17:31:16,436 --> 17:31:21,956 live screen shares and show the GPT that 26415 17:31:19,276 --> 17:31:24,520 I have made and how that handles 26416 17:31:21,956 --> 17:31:26,916 customer service requests how I go about 26417 17:31:24,520 --> 17:31:28,756 asking printify for help doing things on 26418 17:31:26,916 --> 17:31:31,160 the Shopify side so if you're interested 26419 17:31:28,756 --> 17:31:32,880 in that please join our paid School 26420 17:31:31,160 --> 17:31:35,116 group if you're interested in learning 26421 17:31:32,880 --> 17:31:38,400 more but this is like your basic 26422 17:31:35,116 --> 17:31:40,080 customer service one-on-one module don't 26423 17:31:38,400 --> 17:31:42,000 hesitate to reach out if you have any 26424 17:31:40,080 --> 17:31:44,400 questions about customer service again 26425 17:31:42,000 --> 17:31:46,476 this is one of my favorite areas of the 26426 17:31:44,400 --> 17:31:49,240 business so I'm happy to answer any 26427 17:31:46,476 --> 17:31:51,840 questions that some people have and yeah 26428 17:31:49,240 --> 17:31:51,840 thanks for watching 26429 17:31:53,690 --> 17:32:03,840 [Music] 26430 17:32:01,720 --> 17:32:06,040 running the day-to-day operations of 26431 17:32:03,840 --> 17:32:08,680 your print on demand Shopify brand comes 26432 17:32:06,040 --> 17:32:12,400 down to two main things number one is 26433 17:32:08,680 --> 17:32:14,596 launching new products two is monitoring 26434 17:32:12,400 --> 17:32:16,476 the ads but that's the high level the 26435 17:32:14,596 --> 17:32:17,680 the actual day-to-day varies a lot 26436 17:32:16,476 --> 17:32:19,956 depending on what stage you're at 26437 17:32:17,680 --> 17:32:21,720 whether if you've hired employees or 26438 17:32:19,956 --> 17:32:23,360 it's just you right now so in the 26439 17:32:21,720 --> 17:32:25,636 beginning when it's just you you should 26440 17:32:23,360 --> 17:32:27,200 be first checking your Shopify if you've 26441 17:32:25,636 --> 17:32:29,560 already launched ads checking your 26442 17:32:27,200 --> 17:32:32,080 Shopify data Facebook ads monitoring 26443 17:32:29,560 --> 17:32:34,320 performance and especially early on 26444 17:32:32,080 --> 17:32:36,476 learning everything you can about how 26445 17:32:34,320 --> 17:32:39,320 things are are performing and tweet 26446 17:32:36,476 --> 17:32:41,520 making tweaks to your site to optimize 26447 17:32:39,320 --> 17:32:43,756 conversion rate checking you know if you 26448 17:32:41,520 --> 17:32:46,916 need to launch new ad creative 26449 17:32:43,756 --> 17:32:49,240 especially early early on like it's a 26450 17:32:46,916 --> 17:32:51,400 lot of just like launching as many new 26451 17:32:49,240 --> 17:32:53,596 products as again launching all those 26452 17:32:51,400 --> 17:32:55,476 products into ads and spending hours 26453 17:32:53,596 --> 17:32:57,756 like in your ad account and launching 26454 17:32:55,476 --> 17:33:00,400 new products nowadays where we're at 26455 17:32:57,756 --> 17:33:02,240 which we have VA who handles all of our 26456 17:33:00,400 --> 17:33:04,040 customer support so they're responding 26457 17:33:02,240 --> 17:33:06,080 to email tickets responding to comments 26458 17:33:04,040 --> 17:33:08,796 on social media and then we have another 26459 17:33:06,080 --> 17:33:11,880 VA who is um managing all the product 26460 17:33:08,796 --> 17:33:13,796 uploads so they create like all of the 26461 17:33:11,880 --> 17:33:15,200 new products like anytime we have a 26462 17:33:13,796 --> 17:33:16,880 batch of new designs that we want to 26463 17:33:15,200 --> 17:33:19,320 upload they go through and create them 26464 17:33:16,880 --> 17:33:21,476 in printify and replace the mockups and 26465 17:33:19,320 --> 17:33:24,040 Shopify by that whole process so 26466 17:33:21,476 --> 17:33:25,756 customer support and like product 26467 17:33:24,040 --> 17:33:28,360 development is pretty much taken care of 26468 17:33:25,756 --> 17:33:30,400 so on a weekly basis since our ads are 26469 17:33:28,360 --> 17:33:33,040 running pretty consistently I just check 26470 17:33:30,400 --> 17:33:34,400 in and increase budgets see if you know 26471 17:33:33,040 --> 17:33:37,796 basically make sure everything's running 26472 17:33:34,400 --> 17:33:39,916 well and then Meg uh runs the financial 26473 17:33:37,796 --> 17:33:41,916 reports so every day she's running the 26474 17:33:39,916 --> 17:33:43,560 p&l and the balance sheet um moving 26475 17:33:41,916 --> 17:33:45,040 beyond that beyond the stage we're at 26476 17:33:43,560 --> 17:33:47,080 where we only put in like a couple of 26477 17:33:45,040 --> 17:33:48,636 hours a week and but we're also not 26478 17:33:47,080 --> 17:33:51,320 really like we're not trying to grow it 26479 17:33:48,636 --> 17:33:53,276 into a multi7 configure brand if we were 26480 17:33:51,320 --> 17:33:55,200 it would be a completely different story 26481 17:33:53,276 --> 17:33:57,276 like the next phase for us would be 26482 17:33:55,200 --> 17:34:00,476 hiring a manager who's overseeing the 26483 17:33:57,276 --> 17:34:02,636 customer service team um support or the 26484 17:34:00,476 --> 17:34:04,360 product team and then who's running all 26485 17:34:02,636 --> 17:34:05,756 the p& up basically taking everything 26486 17:34:04,360 --> 17:34:07,436 off of our plate that we're currently 26487 17:34:05,756 --> 17:34:10,200 doing we would train the manager to do 26488 17:34:07,436 --> 17:34:13,320 it and then that would Elevate or free 26489 17:34:10,200 --> 17:34:16,116 up Megan I time to elevate ourselves to 26490 17:34:13,320 --> 17:34:17,720 whatever the next thing is but in the 26491 17:34:16,116 --> 17:34:20,276 day-to-day for most of you guys it's 26492 17:34:17,720 --> 17:34:22,520 going to be a lot of looking at your ads 26493 17:34:20,276 --> 17:34:24,436 checking your Shopify data and then if 26494 17:34:22,520 --> 17:34:26,476 things are going well decide do you want 26495 17:34:24,436 --> 17:34:28,476 to grow even bigger if so rinse and 26496 17:34:26,476 --> 17:34:31,116 repeat make more products launch more 26497 17:34:28,476 --> 17:34:32,880 ads that can get you to like $2 to $3 26498 17:34:31,116 --> 17:34:34,360 million a year in sales if you want to 26499 17:34:32,880 --> 17:34:36,320 grow beyond that cover that in the 26500 17:34:34,360 --> 17:34:39,000 scaling section but uh yeah the 26501 17:34:36,320 --> 17:34:40,916 day-to-day is is pretty pretty laidback 26502 17:34:39,000 --> 17:34:42,756 nowadays so that's what we're spending 26503 17:34:40,916 --> 17:34:44,560 our time on for the most part hopefully 26504 17:34:42,756 --> 17:34:46,680 this helps give you a frame of reference 26505 17:34:44,560 --> 17:34:49,160 where your time should be spent and as a 26506 17:34:46,680 --> 17:34:50,916 side note as early on you should be just 26507 17:34:49,160 --> 17:34:52,840 learning and consuming as much 26508 17:34:50,916 --> 17:34:54,436 information as possible like rewatching 26509 17:34:52,840 --> 17:34:56,320 this course watching other YouTube 26510 17:34:54,436 --> 17:34:58,636 videos studying your competitors so 26511 17:34:56,320 --> 17:34:59,956 that's whole another like block of time 26512 17:34:58,636 --> 17:35:01,840 that I would be allocating in the 26513 17:34:59,956 --> 17:35:03,680 day-to-day basis so bringing it all 26514 17:35:01,840 --> 17:35:05,636 together when we wake up in the morning 26515 17:35:03,680 --> 17:35:07,720 first thing I'm doing is checking the 26516 17:35:05,636 --> 17:35:10,000 ads making sure everything's running 26517 17:35:07,720 --> 17:35:12,040 smoothly then checking our performance 26518 17:35:10,000 --> 17:35:14,000 from the day before Meg is running the 26519 17:35:12,040 --> 17:35:15,720 p&l using the templates we gave you then 26520 17:35:14,000 --> 17:35:17,880 she runs the balance sheet makes sure 26521 17:35:15,720 --> 17:35:19,080 that everything adds up how you'd expect 26522 17:35:17,880 --> 17:35:20,560 then we check in with the customer 26523 17:35:19,080 --> 17:35:22,520 service team team make sure all the 26524 17:35:20,560 --> 17:35:23,720 tickets comments orders are in good 26525 17:35:22,520 --> 17:35:25,276 standing and then we can pretty much 26526 17:35:23,720 --> 17:35:27,276 just stop there for the day if we want 26527 17:35:25,276 --> 17:35:29,160 if um you know if we're trying to launch 26528 17:35:27,276 --> 17:35:32,116 more products then Meg would work on 26529 17:35:29,160 --> 17:35:34,360 that if not then you know that's pretty 26530 17:35:32,116 --> 17:35:36,160 much it to keep the lights on so so yeah 26531 17:35:34,360 --> 17:35:37,476 that's what a day in the life looks like 26532 17:35:36,160 --> 17:35:42,000 so hopefully this helped give you a 26533 17:35:37,476 --> 17:35:42,000 frame reference and I'll see you soon 26534 17:35:43,090 --> 17:35:51,680 [Music] 26535 17:35:50,160 --> 17:35:53,400 so in this module I'm going to talk 26536 17:35:51,680 --> 17:35:55,956 about the different issues that we've 26537 17:35:53,400 --> 17:35:58,000 run into and different fires or like big 26538 17:35:55,956 --> 17:36:00,000 problems that we've had with running our 26539 17:35:58,000 --> 17:36:01,680 brand so this is coming kind of more 26540 17:36:00,000 --> 17:36:03,360 from like personal experience and how 26541 17:36:01,680 --> 17:36:04,636 we've handled these situations 26542 17:36:03,360 --> 17:36:08,040 specifically with the brand that we've 26543 17:36:04,636 --> 17:36:10,596 run out for the past like 3 years almost 26544 17:36:08,040 --> 17:36:12,400 so let's get into it one of the biggest 26545 17:36:10,596 --> 17:36:14,796 problems that we have ever faced really 26546 17:36:12,400 --> 17:36:16,680 came down to our Facebook ad account I'm 26547 17:36:14,796 --> 17:36:19,160 sure Chris has talked about this in the 26548 17:36:16,680 --> 17:36:20,756 advertising section but this was 26549 17:36:19,160 --> 17:36:23,040 probably our biggest issue that we've 26550 17:36:20,756 --> 17:36:24,680 ever faced because it was an issue that 26551 17:36:23,040 --> 17:36:27,320 was just out of our control what 26552 17:36:24,680 --> 17:36:29,680 happened was my ad account accidentally 26553 17:36:27,320 --> 17:36:32,040 got hacked by somebody else they were 26554 17:36:29,680 --> 17:36:33,880 running their ads through my ad account 26555 17:36:32,040 --> 17:36:37,000 and my credit card was getting charged 26556 17:36:33,880 --> 17:36:38,796 so in order to stop this crazy situation 26557 17:36:37,000 --> 17:36:40,560 from getting any more out of hand I 26558 17:36:38,796 --> 17:36:42,680 reached out to Facebook customer service 26559 17:36:40,560 --> 17:36:44,520 and they ultimately just shut down the 26560 17:36:42,680 --> 17:36:46,680 ad account and from there it's kind of 26561 17:36:44,520 --> 17:36:48,720 just like out of your control it's up to 26562 17:36:46,680 --> 17:36:50,320 Facebook to do an investigation it's up 26563 17:36:48,720 --> 17:36:52,916 for them to give you the rights back to 26564 17:36:50,320 --> 17:36:55,596 that ad account so it just really stunk 26565 17:36:52,916 --> 17:36:58,840 and kind of stopped our business and our 26566 17:36:55,596 --> 17:37:01,160 traffic in place after months of 26567 17:36:58,840 --> 17:37:02,916 reaching out to their customer service 26568 17:37:01,160 --> 17:37:04,956 not really getting any help or any 26569 17:37:02,916 --> 17:37:07,200 update on the situation we decided to 26570 17:37:04,956 --> 17:37:08,880 just kind of like let things settle for 26571 17:37:07,200 --> 17:37:10,116 a little bit and after some time we 26572 17:37:08,880 --> 17:37:11,956 realized hey we're probably never 26573 17:37:10,116 --> 17:37:14,276 getting the rights back to this ad 26574 17:37:11,956 --> 17:37:16,000 account and so we started a brand new 26575 17:37:14,276 --> 17:37:17,636 business manager we had to make a new 26576 17:37:16,000 --> 17:37:19,840 Facebook page Instagram page but 26577 17:37:17,636 --> 17:37:21,636 ultimately was still able to run the 26578 17:37:19,840 --> 17:37:23,320 current brand that we run now to this 26579 17:37:21,636 --> 17:37:26,080 day that's been the biggest issue that 26580 17:37:23,320 --> 17:37:28,476 I've ever run into as a print on demand 26581 17:37:26,080 --> 17:37:30,040 business owner that's the first fire in 26582 17:37:28,476 --> 17:37:32,320 those kinds of situations it's really 26583 17:37:30,040 --> 17:37:34,560 just reach out to customer service hope 26584 17:37:32,320 --> 17:37:36,520 for the best and if it's not really 26585 17:37:34,560 --> 17:37:38,240 going that way giving it some time for 26586 17:37:36,520 --> 17:37:40,840 Facebook to kind of settle down calm 26587 17:37:38,240 --> 17:37:42,756 down and start over and build fresh that 26588 17:37:40,840 --> 17:37:44,880 would be probably the best way of 26589 17:37:42,756 --> 17:37:47,560 addressing that issue you don't want to 26590 17:37:44,880 --> 17:37:49,160 just kind of keep making new ad accounts 26591 17:37:47,560 --> 17:37:51,360 because then Facebook just gets kind of 26592 17:37:49,160 --> 17:37:53,200 SK sketched out and thinks oh is this 26593 17:37:51,360 --> 17:37:54,840 still you know somebody trying to hack 26594 17:37:53,200 --> 17:37:56,880 into this account that kind of thing 26595 17:37:54,840 --> 17:37:59,400 always always set up two Factor 26596 17:37:56,880 --> 17:38:01,360 authentification be very very very 26597 17:37:59,400 --> 17:38:03,360 selective of who you are adding to your 26598 17:38:01,360 --> 17:38:05,240 ad account if you are adding anybody I 26599 17:38:03,360 --> 17:38:07,276 think Chris even says he doesn't suggest 26600 17:38:05,240 --> 17:38:09,200 adding anybody to your ad account but if 26601 17:38:07,276 --> 17:38:11,436 you do make sure they have two Factor 26602 17:38:09,200 --> 17:38:13,636 authentification set up just be very 26603 17:38:11,436 --> 17:38:16,560 very very careful with your ad account 26604 17:38:13,636 --> 17:38:19,000 another big fire that we've had when 26605 17:38:16,560 --> 17:38:21,720 running our print on demand Brands was a 26606 17:38:19,000 --> 17:38:25,720 huge out of stock issue this happened 26607 17:38:21,720 --> 17:38:27,796 during covid so companies were semi shut 26608 17:38:25,720 --> 17:38:30,116 down not really doing their normal 26609 17:38:27,796 --> 17:38:32,956 volume it was just kind of weird times 26610 17:38:30,116 --> 17:38:34,756 and at the time we actually had a 26611 17:38:32,956 --> 17:38:37,436 t-shirt that was scaling a design that 26612 17:38:34,756 --> 17:38:39,840 was doing really well specifically on 26613 17:38:37,436 --> 17:38:43,000 tropical blue which was like this really 26614 17:38:39,840 --> 17:38:45,916 pretty teal blue t-shirt and PRI just 26615 17:38:43,000 --> 17:38:47,916 like did not have stock and it was an 26616 17:38:45,916 --> 17:38:49,560 absolute mess trying to figure out like 26617 17:38:47,916 --> 17:38:51,160 when was there going to be stock how can 26618 17:38:49,560 --> 17:38:53,200 I let these customers know when they 26619 17:38:51,160 --> 17:38:56,116 would receive this shirt and it was just 26620 17:38:53,200 --> 17:38:57,956 absolute Madness luckily since 2020 26621 17:38:56,116 --> 17:38:59,520 everything has gotten so much better 26622 17:38:57,956 --> 17:39:01,000 since then you can reach out to customer 26623 17:38:59,520 --> 17:39:02,720 service ask about stock kind of 26624 17:39:01,000 --> 17:39:04,796 situations when printers should be 26625 17:39:02,720 --> 17:39:06,840 receiving new stock on certain colors 26626 17:39:04,796 --> 17:39:09,476 but also having the nice function of 26627 17:39:06,840 --> 17:39:11,596 rerouting that was not a thing when all 26628 17:39:09,476 --> 17:39:13,916 this went down in 2020 I was not able to 26629 17:39:11,596 --> 17:39:16,796 just reroute all these orders so it just 26630 17:39:13,916 --> 17:39:18,636 ended up being like a huge refund to 26631 17:39:16,796 --> 17:39:20,400 pretty much everybody who I couldn't get 26632 17:39:18,636 --> 17:39:22,276 a shirt to which was unfortunate because 26633 17:39:20,400 --> 17:39:23,596 when a shirt is scaling and doing so 26634 17:39:22,276 --> 17:39:25,116 well you're like pumped you're like I'm 26635 17:39:23,596 --> 17:39:27,200 making so much money this is amazing 26636 17:39:25,116 --> 17:39:30,040 it's awesome but I just was not able to 26637 17:39:27,200 --> 17:39:32,680 deliver on the Fulfillment end so that 26638 17:39:30,040 --> 17:39:35,000 was just a fire that you try your best 26639 17:39:32,680 --> 17:39:36,636 to do try to get people to maybe switch 26640 17:39:35,000 --> 17:39:38,080 the color to one that's in stock but 26641 17:39:36,636 --> 17:39:39,276 again if they're not happy with that 26642 17:39:38,080 --> 17:39:40,636 some people are okay with it they're 26643 17:39:39,276 --> 17:39:42,320 like H yeah you know what get me the 26644 17:39:40,636 --> 17:39:44,400 royal blue that'll that'll be fine but 26645 17:39:42,320 --> 17:39:45,916 not everybody is wired that way other 26646 17:39:44,400 --> 17:39:47,720 people are like no I want the tropical 26647 17:39:45,916 --> 17:39:50,000 blue so if I can't have the tropical 26648 17:39:47,720 --> 17:39:52,160 blue I want a refund so it just turned 26649 17:39:50,000 --> 17:39:54,636 into pretty much refunding a lot of 26650 17:39:52,160 --> 17:39:56,720 those orders and not doing as great as 26651 17:39:54,636 --> 17:39:59,240 it could have been but it was definitely 26652 17:39:56,720 --> 17:40:00,436 a big lesson learned and something that 26653 17:39:59,240 --> 17:40:02,636 we've learned to this day is like we 26654 17:40:00,436 --> 17:40:04,040 don't really put too many funky colors 26655 17:40:02,636 --> 17:40:06,000 up we kind of keep to more of the 26656 17:40:04,040 --> 17:40:07,720 neutrals and like that's what we'll 26657 17:40:06,000 --> 17:40:09,476 advertise for because typically if 26658 17:40:07,720 --> 17:40:11,116 people like the ad they like the color 26659 17:40:09,476 --> 17:40:13,116 that they saw on the ad and they're more 26660 17:40:11,116 --> 17:40:15,040 likely to then buy the one that they saw 26661 17:40:13,116 --> 17:40:17,240 on the ad some other fires that we've 26662 17:40:15,040 --> 17:40:19,596 had customer service can always be a 26663 17:40:17,240 --> 17:40:21,360 fire there's always issues there not 26664 17:40:19,596 --> 17:40:23,040 everybody is going to be happy with 26665 17:40:21,360 --> 17:40:25,520 product that you're selling or with the 26666 17:40:23,040 --> 17:40:27,080 quality of the design you name it people 26667 17:40:25,520 --> 17:40:29,596 find something to complain about 26668 17:40:27,080 --> 17:40:32,000 unfortunately but we have found that 26669 17:40:29,596 --> 17:40:34,880 handling those situations with really 26670 17:40:32,000 --> 17:40:37,320 solid communication just being overly 26671 17:40:34,880 --> 17:40:39,240 like thoughtful and just trying to put 26672 17:40:37,320 --> 17:40:41,320 yourself in that customer's shoes it's 26673 17:40:39,240 --> 17:40:43,400 the best way to handle those situations 26674 17:40:41,320 --> 17:40:45,116 how would you want to be treated if you 26675 17:40:43,400 --> 17:40:46,636 had sent that email like what kind of a 26676 17:40:45,116 --> 17:40:49,636 response would you be looking for again 26677 17:40:46,636 --> 17:40:51,720 you're going to get nasty emails as it's 26678 17:40:49,636 --> 17:40:54,000 just a part of customer service so 26679 17:40:51,720 --> 17:40:55,520 responding in a nasty way probably isn't 26680 17:40:54,000 --> 17:40:56,720 going to get a great response back from 26681 17:40:55,520 --> 17:40:58,276 that customer they're probably just 26682 17:40:56,720 --> 17:41:01,080 going to look at it as this isn't worth 26683 17:40:58,276 --> 17:41:02,880 my time I want my money back and I'm not 26684 17:41:01,080 --> 17:41:04,436 going to purchase from you again versus 26685 17:41:02,880 --> 17:41:07,080 taking the time listening to the 26686 17:41:04,436 --> 17:41:09,000 customer understanding the issue and 26687 17:41:07,080 --> 17:41:11,040 being able to resolve it in a way and 26688 17:41:09,000 --> 17:41:13,756 turning that situation into a more 26689 17:41:11,040 --> 17:41:15,840 positive experience goes a really long 26690 17:41:13,756 --> 17:41:17,276 way so there's a whole section on 26691 17:41:15,840 --> 17:41:18,720 customer service so I won't dive too 26692 17:41:17,276 --> 17:41:21,720 deep into that but there's always like 26693 17:41:18,720 --> 17:41:24,400 many f fires going on some other fires 26694 17:41:21,720 --> 17:41:26,040 that you can run into specifically with 26695 17:41:24,400 --> 17:41:28,436 Facebook advertising sometimes you'll 26696 17:41:26,040 --> 17:41:30,636 get bots that are just like spamming 26697 17:41:28,436 --> 17:41:32,756 your Facebook inbox that's where people 26698 17:41:30,636 --> 17:41:34,200 can DM you and sometimes you will get 26699 17:41:32,756 --> 17:41:36,040 customer service tickets in there so 26700 17:41:34,200 --> 17:41:37,840 it's always good to check but all the 26701 17:41:36,040 --> 17:41:39,476 time we get people who are like your 26702 17:41:37,840 --> 17:41:41,756 Facebook account's going to be shut down 26703 17:41:39,476 --> 17:41:43,476 and never click on those never respond 26704 17:41:41,756 --> 17:41:44,756 back to them honestly if Facebook's 26705 17:41:43,476 --> 17:41:47,200 going to reach out to you it's not going 26706 17:41:44,756 --> 17:41:49,360 to be through a DM so just delete them 26707 17:41:47,200 --> 17:41:51,240 Market a Spam people are out trying to 26708 17:41:49,360 --> 17:41:54,596 scam all the time another fire that you 26709 17:41:51,240 --> 17:41:57,200 can run into is actually in your ads you 26710 17:41:54,596 --> 17:41:59,240 can I know Chris has talked about the 26711 17:41:57,200 --> 17:42:01,400 Facebook ad Library so you can see other 26712 17:41:59,240 --> 17:42:03,040 ads that other companies are running 26713 17:42:01,400 --> 17:42:05,360 there are people out there when they see 26714 17:42:03,040 --> 17:42:07,240 your design doing well they will just 26715 17:42:05,360 --> 17:42:08,880 rip off your design they will literally 26716 17:42:07,240 --> 17:42:12,240 copy paste it put it onto their own 26717 17:42:08,880 --> 17:42:15,680 website and then they'll spam your they 26718 17:42:12,240 --> 17:42:17,720 will spam your ads with a link to their 26719 17:42:15,680 --> 17:42:19,916 site I don't know how they do this it's 26720 17:42:17,720 --> 17:42:21,320 like insane how fast it happens but if 26721 17:42:19,916 --> 17:42:23,596 that happens you would just click like 26722 17:42:21,320 --> 17:42:26,160 Banning that customer but there was a 26723 17:42:23,596 --> 17:42:28,160 good solid I would say like month that 26724 17:42:26,160 --> 17:42:30,680 on all of our ads we were getting 26725 17:42:28,160 --> 17:42:32,520 spammed with another company just trying 26726 17:42:30,680 --> 17:42:35,240 to get people to go to their website and 26727 17:42:32,520 --> 17:42:37,520 they would make new Facebook pages and 26728 17:42:35,240 --> 17:42:39,476 just try directing traffic that way so 26729 17:42:37,520 --> 17:42:42,040 again you can't really prevent that it's 26730 17:42:39,476 --> 17:42:44,080 just keeping an eye on those comments 26731 17:42:42,040 --> 17:42:46,276 checking them at least a few times a day 26732 17:42:44,080 --> 17:42:47,880 or getting notifications somewhere like 26733 17:42:46,276 --> 17:42:49,276 in an email that way you can kind of 26734 17:42:47,880 --> 17:42:51,436 just like put that fire out pretty 26735 17:42:49,276 --> 17:42:53,520 quickly and yeah you would just like ban 26736 17:42:51,436 --> 17:42:55,476 that person from being able to comment 26737 17:42:53,520 --> 17:42:56,880 on any of your stuff a fire that I 26738 17:42:55,476 --> 17:42:58,520 specifically went through it was 26739 17:42:56,880 --> 17:43:01,160 actually the first employee that I ever 26740 17:42:58,520 --> 17:43:03,840 hired clearly I've learned a lot more 26741 17:43:01,160 --> 17:43:07,040 since then but I hired a customer 26742 17:43:03,840 --> 17:43:09,400 service agent who just really was not 26743 17:43:07,040 --> 17:43:11,680 doing her job so I learned a lot from 26744 17:43:09,400 --> 17:43:13,080 that situation so always when hiring 26745 17:43:11,680 --> 17:43:14,756 it's always I feel like almost an 26746 17:43:13,080 --> 17:43:16,476 awkward situation until you get used to 26747 17:43:14,756 --> 17:43:18,360 it like you don't want to come across as 26748 17:43:16,476 --> 17:43:20,756 too strict but you don't want to also be 26749 17:43:18,360 --> 17:43:22,796 too lenient it's kind of finding a nice 26750 17:43:20,756 --> 17:43:24,160 happy medium so being very specific in 26751 17:43:22,796 --> 17:43:26,240 your job description of what you're 26752 17:43:24,160 --> 17:43:28,240 looking for what the expectations are 26753 17:43:26,240 --> 17:43:29,956 making sure that that customer in this 26754 17:43:28,240 --> 17:43:32,720 case it was a customer service rep 26755 17:43:29,956 --> 17:43:34,840 understands that understands the brand 26756 17:43:32,720 --> 17:43:37,080 and your policies if they don't 26757 17:43:34,840 --> 17:43:38,596 understand the policies then how are you 26758 17:43:37,080 --> 17:43:40,636 expecting them to answer your customer 26759 17:43:38,596 --> 17:43:42,680 service tickets so really giving your 26760 17:43:40,636 --> 17:43:45,080 customer service rep a very good and 26761 17:43:42,680 --> 17:43:47,116 in-depth training is always a good thing 26762 17:43:45,080 --> 17:43:48,756 but I just kind of like let things go 26763 17:43:47,116 --> 17:43:50,520 she was like oh I have experience and 26764 17:43:48,756 --> 17:43:52,200 customer customer service and I just 26765 17:43:50,520 --> 17:43:55,596 kind of thought oh this is perfect like 26766 17:43:52,200 --> 17:43:56,796 great so some time went by and I was 26767 17:43:55,596 --> 17:43:59,596 like you know what I should probably 26768 17:43:56,796 --> 17:44:01,240 jump into the you know email platform 26769 17:43:59,596 --> 17:44:03,880 and just kind of take a look at what's 26770 17:44:01,240 --> 17:44:05,360 going on and it was a complete disaster 26771 17:44:03,880 --> 17:44:07,320 there were so many customer service 26772 17:44:05,360 --> 17:44:08,560 tickets people were so mad because they 26773 17:44:07,320 --> 17:44:10,000 were like this is the third time I've 26774 17:44:08,560 --> 17:44:12,080 reached out to this company and I 26775 17:44:10,000 --> 17:44:14,200 haven't gotten a response and that was 26776 17:44:12,080 --> 17:44:16,240 leading to people commenting on our ads 26777 17:44:14,200 --> 17:44:19,116 like do not buy from this company they 26778 17:44:16,240 --> 17:44:20,880 don't respond to emails this is a scam 26779 17:44:19,116 --> 17:44:22,400 like that's the worst thing that you 26780 17:44:20,880 --> 17:44:23,916 could ever imagine happening to your 26781 17:44:22,400 --> 17:44:26,840 brand and not what you want people 26782 17:44:23,916 --> 17:44:28,840 saying so I ended up having to fire her 26783 17:44:26,840 --> 17:44:30,240 and I was like you know you haven't been 26784 17:44:28,840 --> 17:44:31,796 answering the customer like you haven't 26785 17:44:30,240 --> 17:44:34,116 been answering the tickets and like I 26786 17:44:31,796 --> 17:44:35,680 had tracking on an app but I guess she 26787 17:44:34,116 --> 17:44:37,436 was just like pretending to work and 26788 17:44:35,680 --> 17:44:39,160 wasn't actually working so I'm looking 26789 17:44:37,436 --> 17:44:41,916 I'm like oh cool like all this work's 26790 17:44:39,160 --> 17:44:44,756 being done this is wonderful to it was 26791 17:44:41,916 --> 17:44:47,320 an absolute disaster and just made my 26792 17:44:44,756 --> 17:44:49,000 life a lot harder so I had to go back in 26793 17:44:47,320 --> 17:44:50,956 kind of handle all those little mini 26794 17:44:49,000 --> 17:44:53,080 fires that were occurring but it was a 26795 17:44:50,956 --> 17:44:55,680 very good fire in the way that I learned 26796 17:44:53,080 --> 17:44:57,240 a very valuable lesson of you really 26797 17:44:55,680 --> 17:44:58,840 have to train your employees you have to 26798 17:44:57,240 --> 17:45:00,796 find the right person you have to kind 26799 17:44:58,840 --> 17:45:03,240 of find the right fit too it doesn't 26800 17:45:00,796 --> 17:45:04,756 always just happen overnight I think in 26801 17:45:03,240 --> 17:45:06,596 our mind we think it will cuz we're like 26802 17:45:04,756 --> 17:45:08,596 oh this is great this is a task that's 26803 17:45:06,596 --> 17:45:11,000 now off of my plate off of my shoulders 26804 17:45:08,596 --> 17:45:12,880 one less kind of like responsibility but 26805 17:45:11,000 --> 17:45:14,476 it's kind of a new responsibility 26806 17:45:12,880 --> 17:45:16,320 because you may not be handling the 26807 17:45:14,476 --> 17:45:19,080 customer service anymore but now you're 26808 17:45:16,320 --> 17:45:20,520 leading a employee checking in with with 26809 17:45:19,080 --> 17:45:22,276 them and trying to support them in the 26810 17:45:20,520 --> 17:45:24,160 best way possible and also while keeping 26811 17:45:22,276 --> 17:45:26,400 an eye on it every once in a while I was 26812 17:45:24,160 --> 17:45:28,000 go like I still go into customer service 26813 17:45:26,400 --> 17:45:30,116 tickets and I look and see how they've 26814 17:45:28,000 --> 17:45:31,636 been answered are people happy with the 26815 17:45:30,116 --> 17:45:33,040 service that they're getting now we use 26816 17:45:31,636 --> 17:45:34,880 gorgeous which is great because it gives 26817 17:45:33,040 --> 17:45:38,320 us the analytics of everything and 26818 17:45:34,880 --> 17:45:40,840 allows us to send a review email to our 26819 17:45:38,320 --> 17:45:42,596 customers and they can actually rate the 26820 17:45:40,840 --> 17:45:46,160 experience that they had so now we have 26821 17:45:42,596 --> 17:45:48,080 like a 4.5 out of five rating for our 26822 17:45:46,160 --> 17:45:49,756 customer service representative so for 26823 17:45:48,080 --> 17:45:52,080 me I'm like okay that's amazing she's 26824 17:45:49,756 --> 17:45:53,636 clearly taking time and good effort and 26825 17:45:52,080 --> 17:45:55,680 getting back to these customers and 26826 17:45:53,636 --> 17:45:57,320 they're giving her an outstanding rating 26827 17:45:55,680 --> 17:45:59,240 so starting out you kind of miss out on 26828 17:45:57,320 --> 17:46:01,880 those things but as you start to scale 26829 17:45:59,240 --> 17:46:03,200 and you can afford to add on a software 26830 17:46:01,880 --> 17:46:04,680 like gorgeous I would say it's 26831 17:46:03,200 --> 17:46:06,560 definitely worth the money and the peace 26832 17:46:04,680 --> 17:46:08,476 of mind but yeah that was a pretty 26833 17:46:06,560 --> 17:46:10,400 significant fire so learn from my 26834 17:46:08,476 --> 17:46:11,956 mistake before you go and just hire 26835 17:46:10,400 --> 17:46:13,520 anybody to cover especially your 26836 17:46:11,956 --> 17:46:15,240 customer service the one thing that you 26837 17:46:13,520 --> 17:46:17,720 have to know about we call them like 26838 17:46:15,240 --> 17:46:19,476 fires or problems or situations is 26839 17:46:17,720 --> 17:46:22,160 something's always going to be happening 26840 17:46:19,476 --> 17:46:24,476 very rarely are things just running 100% 26841 17:46:22,160 --> 17:46:26,916 perfect all the time on your business 26842 17:46:24,476 --> 17:46:28,880 even having over four plus years of 26843 17:46:26,916 --> 17:46:31,436 experience at this point but going in 26844 17:46:28,880 --> 17:46:33,400 with the mentality of no matter what is 26845 17:46:31,436 --> 17:46:35,476 happening in the business I can solve 26846 17:46:33,400 --> 17:46:37,596 this problem there's always a solution 26847 17:46:35,476 --> 17:46:39,160 you have always made it through every 26848 17:46:37,596 --> 17:46:40,560 single day up until this point there 26849 17:46:39,160 --> 17:46:42,956 hasn't been a problem that you haven't 26850 17:46:40,560 --> 17:46:44,636 been able to solve so just keeping that 26851 17:46:42,956 --> 17:46:46,436 in mind it could be a problem that 26852 17:46:44,636 --> 17:46:48,160 you've never had before but there is a 26853 17:46:46,436 --> 17:46:50,320 solution and a lot of times you can 26854 17:46:48,160 --> 17:46:52,116 Google it or or in this case if you are 26855 17:46:50,320 --> 17:46:54,400 a part of our school Community then you 26856 17:46:52,116 --> 17:46:56,400 can reach out to our community and say 26857 17:46:54,400 --> 17:46:58,796 hey has anybody had this problem chances 26858 17:46:56,400 --> 17:47:00,756 are probably seven people have had the 26859 17:46:58,796 --> 17:47:03,276 problem that you're now facing and they 26860 17:47:00,756 --> 17:47:04,520 can give you advice that they maybe 26861 17:47:03,276 --> 17:47:06,360 didn't have but they figured out on 26862 17:47:04,520 --> 17:47:09,276 their own and kind of just like jump 26863 17:47:06,360 --> 17:47:11,880 starts you're fixed to that problem so 26864 17:47:09,276 --> 17:47:14,160 always using Google always use different 26865 17:47:11,880 --> 17:47:16,000 types of communities where people are 26866 17:47:14,160 --> 17:47:17,520 kind of in the same boat as you that's 26867 17:47:16,000 --> 17:47:19,320 always important you know for me and 26868 17:47:17,520 --> 17:47:21,400 Chris we've always been able to to lean 26869 17:47:19,320 --> 17:47:23,636 on some of the other guys that he lived 26870 17:47:21,400 --> 17:47:25,560 in that house with in that e-commerce 26871 17:47:23,636 --> 17:47:27,596 incubator they still run businesses to 26872 17:47:25,560 --> 17:47:29,000 this day and Chris will reach out to 26873 17:47:27,596 --> 17:47:30,276 them and say like hey I'm having this 26874 17:47:29,000 --> 17:47:32,680 issue have you ever had this problem 26875 17:47:30,276 --> 17:47:34,360 with your ad account and a lot of times 26876 17:47:32,680 --> 17:47:35,596 somebody responds they like oh yeah that 26877 17:47:34,360 --> 17:47:38,080 happened to me last week it was so 26878 17:47:35,596 --> 17:47:39,916 annoying I did X Y and Z to fix it this 26879 17:47:38,080 --> 17:47:42,476 seemed to help that's always important 26880 17:47:39,916 --> 17:47:43,796 to have that kind of support system so I 26881 17:47:42,476 --> 17:47:46,200 would highly recommend joining the 26882 17:47:43,796 --> 17:47:48,160 school Community really just for even 26883 17:47:46,200 --> 17:47:50,240 that alone I mean we offer great 26884 17:47:48,160 --> 17:47:52,400 resources and we're available to answer 26885 17:47:50,240 --> 17:47:54,520 questions but yeah having that community 26886 17:47:52,400 --> 17:47:56,116 of people who are in the same boat will 26887 17:47:54,520 --> 17:47:58,160 help you and take you so much further 26888 17:47:56,116 --> 17:48:00,040 through all this so just remember there 26889 17:47:58,160 --> 17:48:01,596 is no blueprint if there was a blueprint 26890 17:48:00,040 --> 17:48:03,360 probably so many more people would have 26891 17:48:01,596 --> 17:48:05,916 businesses but there isn't there's no 26892 17:48:03,360 --> 17:48:07,636 manual it's just kind of like a puzzle 26893 17:48:05,916 --> 17:48:09,360 you're getting new pieces and you're 26894 17:48:07,636 --> 17:48:11,680 finding ways to make them fit and it's a 26895 17:48:09,360 --> 17:48:14,040 lot of just common sense and thinking on 26896 17:48:11,680 --> 17:48:15,720 your feet really making quick decisions 26897 17:48:14,040 --> 17:48:17,720 and dealing with the consequences 26898 17:48:15,720 --> 17:48:19,200 afterwards you could take so long 26899 17:48:17,720 --> 17:48:21,240 thinking through a problem and just 26900 17:48:19,200 --> 17:48:22,916 agonizing over it versus just making a 26901 17:48:21,240 --> 17:48:24,200 decision and seeing what happens and 26902 17:48:22,916 --> 17:48:26,276 then dealing with how you thought the 26903 17:48:24,200 --> 17:48:28,840 solution was going to go so I would take 26904 17:48:26,276 --> 17:48:30,880 that advice but just know fires and 26905 17:48:28,840 --> 17:48:34,116 problems are inevitable they're going to 26906 17:48:30,880 --> 17:48:35,680 happen I'm sure you know Elon Musk has 26907 17:48:34,116 --> 17:48:38,276 problems going on in his businesses all 26908 17:48:35,680 --> 17:48:40,436 the time and his are at like 100 times 26909 17:48:38,276 --> 17:48:42,116 scale a thousand times scale than any of 26910 17:48:40,436 --> 17:48:43,880 the problems that we're having but it's 26911 17:48:42,116 --> 17:48:45,796 just a part of running a business and 26912 17:48:43,880 --> 17:48:47,476 running a brand so keep that in mind and 26913 17:48:45,796 --> 17:48:48,720 don't let that discourage you you're 26914 17:48:47,476 --> 17:48:50,680 going to figure out whatever problem 26915 17:48:48,720 --> 17:48:53,116 problem it is and a lot of times you can 26916 17:48:50,680 --> 17:48:55,000 turn to a friend a buddy somebody in the 26917 17:48:53,116 --> 17:48:56,880 school Community or even just reaching 26918 17:48:55,000 --> 17:48:58,520 out to other customer service 26919 17:48:56,880 --> 17:49:00,400 Representatives so like if it's an issue 26920 17:48:58,520 --> 17:49:01,916 with your Shopify reach out to shopify's 26921 17:49:00,400 --> 17:49:04,160 customer support or if it's an issue 26922 17:49:01,916 --> 17:49:05,840 with PayPal reach out to PayPal supports 26923 17:49:04,160 --> 17:49:07,720 a lot of times it's just like getting on 26924 17:49:05,840 --> 17:49:09,080 a phone call with somebody and talking 26925 17:49:07,720 --> 17:49:10,720 it through with them and they can then 26926 17:49:09,080 --> 17:49:12,956 guide you to the right person to help 26927 17:49:10,720 --> 17:49:15,080 solve the problem so keep that in mind 26928 17:49:12,956 --> 17:49:19,080 but again fires are going to happen 26929 17:49:15,080 --> 17:49:19,080 don't let that discourage you 26930 17:49:20,700 --> 17:49:30,080 [Music] 26931 17:49:28,916 --> 17:49:32,840 this lesson we're going to be learning 26932 17:49:30,080 --> 17:49:35,160 how to create Sops otherwise known as 26933 17:49:32,840 --> 17:49:38,840 standard operating procedures and these 26934 17:49:35,160 --> 17:49:41,476 are documents we use to either train new 26935 17:49:38,840 --> 17:49:44,636 employees or refresh current employees 26936 17:49:41,476 --> 17:49:47,080 on our best practices and like 26937 17:49:44,636 --> 17:49:48,636 repeatable processes such as the one 26938 17:49:47,080 --> 17:49:50,360 we're looking at here which is our new 26939 17:49:48,636 --> 17:49:52,596 new designs workflow and the goal of 26940 17:49:50,360 --> 17:49:55,680 these documents is to basically write 26941 17:49:52,596 --> 17:49:57,796 down every step of a process so that 26942 17:49:55,680 --> 17:49:59,080 anybody who doesn't matter if they're 26943 17:49:57,796 --> 17:50:01,436 brand new to the company or if they've 26944 17:49:59,080 --> 17:50:03,476 been there for a decade they can pick up 26945 17:50:01,436 --> 17:50:06,880 this document if they've never done this 26946 17:50:03,476 --> 17:50:09,116 before and understand exactly where this 26947 17:50:06,880 --> 17:50:11,360 process fits into the overall company 26948 17:50:09,116 --> 17:50:13,276 within the overall like higher level 26949 17:50:11,360 --> 17:50:16,240 workflow and then how to follow along 26950 17:50:13,276 --> 17:50:18,720 with the steps and I used to like way 26951 17:50:16,240 --> 17:50:20,476 over complicate this process or just not 26952 17:50:18,720 --> 17:50:22,360 do it at all but I thought I had to have 26953 17:50:20,476 --> 17:50:24,320 a perfect beautiful template and stuff 26954 17:50:22,360 --> 17:50:26,596 and it really doesn't matter just a 26955 17:50:24,320 --> 17:50:28,080 basic Google doc that has the resources 26956 17:50:26,596 --> 17:50:30,200 or links that they're going to need and 26957 17:50:28,080 --> 17:50:32,436 then a loom video which I use for screen 26958 17:50:30,200 --> 17:50:35,116 recordings to walk through and show the 26959 17:50:32,436 --> 17:50:37,840 process step by step and then the at the 26960 17:50:35,116 --> 17:50:40,040 bottom the steps of what they're doing 26961 17:50:37,840 --> 17:50:42,756 and this one here is honestly a 26962 17:50:40,040 --> 17:50:44,080 relatively complex process that we do 26963 17:50:42,756 --> 17:50:47,200 and I would say within the company we 26964 17:50:44,080 --> 17:50:49,276 have like probably 30 different Sops and 26965 17:50:47,200 --> 17:50:51,000 it's been completely game changing for 26966 17:50:49,276 --> 17:50:53,756 us as a company because it just makes 26967 17:50:51,000 --> 17:50:56,000 our processes so much more consistent 26968 17:50:53,756 --> 17:50:58,000 and even stuff that we thought was like 26969 17:50:56,000 --> 17:50:59,596 all right this is how we upload products 26970 17:50:58,000 --> 17:51:01,756 pretty straightforward it's like a 26971 17:50:59,596 --> 17:51:03,360 Unwritten rule of project management is 26972 17:51:01,756 --> 17:51:05,320 like you always assume that you're not 26973 17:51:03,360 --> 17:51:07,840 on the same page until you get everybody 26974 17:51:05,320 --> 17:51:09,956 on the same page that's what the Sops do 26975 17:51:07,840 --> 17:51:12,200 so the structure we use for our Sops and 26976 17:51:09,956 --> 17:51:14,680 I recommend creating these for in your 26977 17:51:12,200 --> 17:51:16,560 own company with whatever process you're 26978 17:51:14,680 --> 17:51:18,560 consistently doing like product uploads 26979 17:51:16,560 --> 17:51:20,436 great example making new ad creative 26980 17:51:18,560 --> 17:51:22,160 another good example but at the top we 26981 17:51:20,436 --> 17:51:24,320 just put a list of the resources they're 26982 17:51:22,160 --> 17:51:26,360 going to be using so any Google Drive 26983 17:51:24,320 --> 17:51:28,756 folders they need access to spreadsheets 26984 17:51:26,360 --> 17:51:30,360 other resources you just put URLs to 26985 17:51:28,756 --> 17:51:32,040 them at the top so it's nice and easy 26986 17:51:30,360 --> 17:51:33,720 for them to access below that we have 26987 17:51:32,040 --> 17:51:36,476 the loom video where I think this one's 26988 17:51:33,720 --> 17:51:38,796 5 or 6 minutes showing step by step me 26989 17:51:36,476 --> 17:51:41,360 uploading new designs explaining it as I 26990 17:51:38,796 --> 17:51:43,240 go and then at the bottom we have the 26991 17:51:41,360 --> 17:51:45,796 steps so that you know if they're not 26992 17:51:43,240 --> 17:51:47,320 clear on anything and you have to again 26993 17:51:45,796 --> 17:51:49,116 you have to document it as if you were 26994 17:51:47,320 --> 17:51:51,756 explaining it to a 5-year-old that's the 26995 17:51:49,116 --> 17:51:53,756 way that a really good sop is documented 26996 17:51:51,756 --> 17:51:56,560 with extreme detail there's something 26997 17:51:53,756 --> 17:51:58,320 called the hit by a bus philosophy in 26998 17:51:56,560 --> 17:52:00,680 project management where you should 26999 17:51:58,320 --> 17:52:03,476 write your Sops as if you got hit by a 27000 17:52:00,680 --> 17:52:06,160 bus tomorrow could somebody else pick up 27001 17:52:03,476 --> 17:52:08,400 that sop and pick up where you left off 27002 17:52:06,160 --> 17:52:10,040 and start completing your tasks so 27003 17:52:08,400 --> 17:52:11,560 that's the way we try to fill these out 27004 17:52:10,040 --> 17:52:13,916 and here's an example of just some of 27005 17:52:11,560 --> 17:52:15,796 the Sops that we have within our product 27006 17:52:13,916 --> 17:52:17,880 development workflows so this is 27007 17:52:15,796 --> 17:52:19,880 everything from everything on the master 27008 17:52:17,880 --> 17:52:22,160 design spread sheet that you see every 27009 17:52:19,880 --> 17:52:25,116 single step in that flow uh we have an 27010 17:52:22,160 --> 17:52:26,880 sop for so even though the VA like our 27011 17:52:25,116 --> 17:52:28,636 team they're amazing we've worked with 27012 17:52:26,880 --> 17:52:30,320 them for years they know everything like 27013 17:52:28,636 --> 17:52:32,520 cold like they can do it in their sleep 27014 17:52:30,320 --> 17:52:35,276 but we still have these Sops as like a 27015 17:52:32,520 --> 17:52:36,720 refresher so that if a month goes by and 27016 17:52:35,276 --> 17:52:38,720 we haven't uploaded products they can 27017 17:52:36,720 --> 17:52:41,520 always go back to it and the way that I 27018 17:52:38,720 --> 17:52:44,360 like to create Sops is after I've done 27019 17:52:41,520 --> 17:52:45,840 something myself enough times I I know 27020 17:52:44,360 --> 17:52:48,796 it really I'm ready to train somebody 27021 17:52:45,840 --> 17:52:51,000 for it or to take it over I just screen 27022 17:52:48,796 --> 17:52:52,880 record myself doing it Loom is slowly 27023 17:52:51,000 --> 17:52:55,360 introducing features where it's like 27024 17:52:52,880 --> 17:52:56,956 creating the SOP for you as it goes it's 27025 17:52:55,360 --> 17:52:58,916 not quite there but just shoot a loom 27026 17:52:56,956 --> 17:53:00,756 video train the person on it by giving 27027 17:52:58,916 --> 17:53:02,520 them the SOP saying let me know if you 27028 17:53:00,756 --> 17:53:04,520 have any questions and nine times out of 27029 17:53:02,520 --> 17:53:06,756 10 if it's a really good sop they won't 27030 17:53:04,520 --> 17:53:09,040 have any questions but if they do you 27031 17:53:06,756 --> 17:53:11,520 add their questions to the bottom as an 27032 17:53:09,040 --> 17:53:13,520 FAQ section cuz the goal is that once 27033 17:53:11,520 --> 17:53:15,400 you complete the task you never have to 27034 17:53:13,520 --> 17:53:17,560 do it again and the team member is able 27035 17:53:15,400 --> 17:53:19,880 to just take it and run and this ties in 27036 17:53:17,560 --> 17:53:21,756 with your organiz ation and like project 27037 17:53:19,880 --> 17:53:23,956 management in general these are all nice 27038 17:53:21,756 --> 17:53:25,720 and organized in a Google Drive so that 27039 17:53:23,956 --> 17:53:27,636 everybody in the company is able to 27040 17:53:25,720 --> 17:53:29,200 quickly and easily navigate to them this 27041 17:53:27,636 --> 17:53:31,240 took us years to start doing this for 27042 17:53:29,200 --> 17:53:32,756 whatever reason or I know the reason I 27043 17:53:31,240 --> 17:53:34,240 was always so focused on like the 27044 17:53:32,756 --> 17:53:35,720 Facebook ads and the stuff that I liked 27045 17:53:34,240 --> 17:53:37,680 but once we disciplined ourselves and 27046 17:53:35,720 --> 17:53:39,476 forced ourselves to sit down and really 27047 17:53:37,680 --> 17:53:41,840 document everything we were doing it 27048 17:53:39,476 --> 17:53:43,680 really changed our lifestyle and like 27049 17:53:41,840 --> 17:53:46,080 interaction with the company overnight 27050 17:53:43,680 --> 17:53:48,400 we went from having to QA and like 27051 17:53:46,080 --> 17:53:49,956 double check everything and anytime a 27052 17:53:48,400 --> 17:53:51,756 team member uploaded something we were 27053 17:53:49,956 --> 17:53:53,276 like is it going to be good or not like 27054 17:53:51,756 --> 17:53:54,796 we were finding so many problems and 27055 17:53:53,276 --> 17:53:56,720 like the products that were uploaded 27056 17:53:54,796 --> 17:53:59,756 customers getting the wrong color 27057 17:53:56,720 --> 17:54:02,360 delivered or the wrong design Sops fixed 27058 17:53:59,756 --> 17:54:02,360 all of that for 27059 17:54:04,390 --> 17:54:09,180 [Music] 27060 17:54:11,560 --> 17:54:16,680 us when you're running this business 27061 17:54:14,200 --> 17:54:18,276 even as a team of one in the beginning 27062 17:54:16,680 --> 17:54:20,840 your organization and project manager 27063 17:54:18,276 --> 17:54:22,796 man agement is extremely important 27064 17:54:20,840 --> 17:54:25,040 because if you're not organized and 27065 17:54:22,796 --> 17:54:27,400 staying on top of what your projects are 27066 17:54:25,040 --> 17:54:29,840 staying focused on what you need to be 27067 17:54:27,400 --> 17:54:31,320 doing and what you're currently doing 27068 17:54:29,840 --> 17:54:33,400 then you end up with a whole lot of 27069 17:54:31,320 --> 17:54:35,756 wasted effort and feeling like you're 27070 17:54:33,400 --> 17:54:38,160 stuck in a Perpetual cycle of just going 27071 17:54:35,756 --> 17:54:40,240 in circles and circles until eventually 27072 17:54:38,160 --> 17:54:41,880 you get burned out and frustrated and 27073 17:54:40,240 --> 17:54:44,080 you throw your hands up and we don't 27074 17:54:41,880 --> 17:54:46,596 want that to happen luckily it's pretty 27075 17:54:44,080 --> 17:54:49,160 simple to fix that and first step is 27076 17:54:46,596 --> 17:54:51,916 just having the discipline to to stay on 27077 17:54:49,160 --> 17:54:54,360 task and keep working on the one project 27078 17:54:51,916 --> 17:54:56,276 or the very next thing in front of you 27079 17:54:54,360 --> 17:54:58,520 until it is complete think of it as the 27080 17:54:56,276 --> 17:55:00,680 big domino in your business what's the 27081 17:54:58,520 --> 17:55:02,956 one thing that I need to work on that 27082 17:55:00,680 --> 17:55:04,720 once it's finished it's going to make 27083 17:55:02,956 --> 17:55:07,200 all the other tasks all the little 27084 17:55:04,720 --> 17:55:09,276 things that I could be doing like either 27085 17:55:07,200 --> 17:55:11,000 insignificant or completely obsolete 27086 17:55:09,276 --> 17:55:13,160 that's a concept from Tim Ferris that's 27087 17:55:11,000 --> 17:55:15,320 helped a lot another tool is the effort 27088 17:55:13,160 --> 17:55:17,200 impact Matrix that we talked about too 27089 17:55:15,320 --> 17:55:18,880 if you don't know what that next step is 27090 17:55:17,200 --> 17:55:20,636 fill that out and it'll make it 27091 17:55:18,880 --> 17:55:22,560 abundantly clear but the really 27092 17:55:20,636 --> 17:55:24,916 important thing is that you you stick to 27093 17:55:22,560 --> 17:55:26,000 that especially when the task gets hard 27094 17:55:24,916 --> 17:55:27,596 especially when it's something that you 27095 17:55:26,000 --> 17:55:29,756 don't feel like doing you have to give 27096 17:55:27,596 --> 17:55:31,116 yourself no other option but doing that 27097 17:55:29,756 --> 17:55:32,880 like perfect example when we were 27098 17:55:31,116 --> 17:55:34,796 setting up our email flows for the first 27099 17:55:32,880 --> 17:55:37,276 time it I'll be honest it's like 27100 17:55:34,796 --> 17:55:39,000 grueling like this is such a first world 27101 17:55:37,276 --> 17:55:41,200 problem to say this but like setting up 27102 17:55:39,000 --> 17:55:43,080 email flows is grueling just put it all 27103 17:55:41,200 --> 17:55:45,476 in perspective like it's really not that 27104 17:55:43,080 --> 17:55:47,916 bad but it it in the moment it sucks 27105 17:55:45,476 --> 17:55:49,560 like tons of emails to edit it takes a 27106 17:55:47,916 --> 17:55:51,476 long time time switching between them 27107 17:55:49,560 --> 17:55:53,560 and as you're focusing on that you can 27108 17:55:51,476 --> 17:55:55,200 either choose to stay dedicated and see 27109 17:55:53,560 --> 17:55:57,116 it all the way through to completion and 27110 17:55:55,200 --> 17:55:59,200 your business will reap the benefits of 27111 17:55:57,116 --> 17:56:01,080 that or you can choose to start it a 27112 17:55:59,200 --> 17:56:04,240 little bit dabble in it a little bit and 27113 17:56:01,080 --> 17:56:05,276 then go ooh I could fix Shopify and you 27114 17:56:04,240 --> 17:56:06,276 have to you have to watch yourself 27115 17:56:05,276 --> 17:56:07,956 because your brain is very good at 27116 17:56:06,276 --> 17:56:09,796 convincing yourself that that's a good 27117 17:56:07,956 --> 17:56:12,320 thing to be working on but in reality 27118 17:56:09,796 --> 17:56:14,636 it's just like keeping yourself busy and 27119 17:56:12,320 --> 17:56:15,916 busy does not equal productive so the 27120 17:56:14,636 --> 17:56:17,636 three tools that we use to keep 27121 17:56:15,916 --> 17:56:20,000 organized with the team and with 27122 17:56:17,636 --> 17:56:23,000 ourselves are again very simple Google 27123 17:56:20,000 --> 17:56:25,560 Drive slack and trell Google Drive 27124 17:56:23,000 --> 17:56:28,000 here's a picture of what our Master 27125 17:56:25,560 --> 17:56:30,320 folder looks like as you can see it is 27126 17:56:28,000 --> 17:56:32,756 dead simple this took a lot of effort to 27127 17:56:30,320 --> 17:56:34,360 condense everything down into this 27128 17:56:32,756 --> 17:56:36,596 before we had just like dozens of 27129 17:56:34,360 --> 17:56:38,436 folders that are all randomly named in 27130 17:56:36,596 --> 17:56:40,200 order to find anything you have to go 27131 17:56:38,436 --> 17:56:42,596 sifting through a bunch of this 27132 17:56:40,200 --> 17:56:44,160 just makes it extremely simple like at 27133 17:56:42,596 --> 17:56:47,160 the top we have owners that's where like 27134 17:56:44,160 --> 17:56:48,956 our Ein LLC docs bank accounts that kind 27135 17:56:47,160 --> 17:56:50,916 of stuff all that information goes in 27136 17:56:48,956 --> 17:56:52,560 there only Meg and I have access to that 27137 17:56:50,916 --> 17:56:55,160 below that we have assets that's like 27138 17:56:52,560 --> 17:56:57,240 our logos any design assets that the 27139 17:56:55,160 --> 17:56:59,840 team is going to be consistently using 27140 17:56:57,240 --> 17:57:02,400 across the board those go in there then 27141 17:56:59,840 --> 17:57:05,320 next is management which that's all of 27142 17:57:02,400 --> 17:57:07,596 like our Sops templates and that sort of 27143 17:57:05,320 --> 17:57:10,200 thing two is product that's like where 27144 17:57:07,596 --> 17:57:12,160 our master design folder is it's where 27145 17:57:10,200 --> 17:57:14,320 like all of our mockups anything product 27146 17:57:12,160 --> 17:57:16,560 related goes in there three marketing 27147 17:57:14,320 --> 17:57:18,596 that's all of our like ad creatives and 27148 17:57:16,560 --> 17:57:20,400 emails templates all all of that stuff 27149 17:57:18,596 --> 17:57:23,200 is stored in there not sure why we skip 27150 17:57:20,400 --> 17:57:25,160 over number four but uh number four is 27151 17:57:23,200 --> 17:57:27,476 support so anything customer support 27152 17:57:25,160 --> 17:57:29,720 related all the uh like answers to the 27153 17:57:27,476 --> 17:57:31,200 FAQs that sort of thing goes in there 27154 17:57:29,720 --> 17:57:32,880 and then anything we're not sure about 27155 17:57:31,200 --> 17:57:35,200 or we haven't filtered just yet just 27156 17:57:32,880 --> 17:57:38,160 goes under other and then we have these 27157 17:57:35,200 --> 17:57:39,880 exact same channels in slack so that any 27158 17:57:38,160 --> 17:57:42,116 communication about product goes in the 27159 17:57:39,880 --> 17:57:44,400 product Channel anything about marketing 27160 17:57:42,116 --> 17:57:46,160 goes in the marketing channel and sounds 27161 17:57:44,400 --> 17:57:48,400 like a simple thing but it it's really 27162 17:57:46,160 --> 17:57:50,240 and it is but it's very effective 27163 17:57:48,400 --> 17:57:52,116 helping us keep things organized so that 27164 17:57:50,240 --> 17:57:53,956 when you are you know launching new 27165 17:57:52,116 --> 17:57:55,680 products you don't have to think oh 27166 17:57:53,956 --> 17:57:57,956 where was that message about this and 27167 17:57:55,680 --> 17:58:00,880 like where's this file just it's right 27168 17:57:57,956 --> 17:58:02,680 there and it's in that channel this is 27169 17:58:00,880 --> 17:58:04,596 annoying to set up if you're doing it 27170 17:58:02,680 --> 17:58:06,720 after the fact but if you're in the spot 27171 17:58:04,596 --> 17:58:08,956 that you are hopefully of just starting 27172 17:58:06,720 --> 17:58:11,520 out you have a completely fresh clean 27173 17:58:08,956 --> 17:58:13,116 slate so organize your folders like this 27174 17:58:11,520 --> 17:58:15,560 organize your slack Channel like that 27175 17:58:13,116 --> 17:58:18,160 and then for Trello we just use a simple 27176 17:58:15,560 --> 17:58:20,116 like it's called can band style board 27177 17:58:18,160 --> 17:58:24,680 where we just have columns across the 27178 17:58:20,116 --> 17:58:26,636 top of backlog to-do in progress review 27179 17:58:24,680 --> 17:58:29,160 and complete and you can add a blocked 27180 17:58:26,636 --> 17:58:31,520 column if you want but and we or we 27181 17:58:29,160 --> 17:58:33,560 create a new card for every project we 27182 17:58:31,520 --> 17:58:36,596 review it on a weekly basis like the 27183 17:58:33,560 --> 17:58:38,240 entire board as a team and we review 27184 17:58:36,596 --> 17:58:40,040 where the cards are at a couple of rules 27185 17:58:38,240 --> 17:58:41,916 of thumb is that you should only ever 27186 17:58:40,040 --> 17:58:43,720 have each person should only ever have 27187 17:58:41,916 --> 17:58:46,720 one card or one project that they're 27188 17:58:43,720 --> 17:58:48,320 working on as in reality you're not like 27189 17:58:46,720 --> 17:58:50,720 really able to work on multiple if 27190 17:58:48,320 --> 17:58:52,276 you're doing it well back to what we 27191 17:58:50,720 --> 17:58:54,436 were saying about focus on one thing 27192 17:58:52,276 --> 17:58:56,796 until it's completed and then the review 27193 17:58:54,436 --> 17:58:58,956 column is that once either myself Meg 27194 17:58:56,796 --> 17:59:01,916 somebody on the team completes a project 27195 17:58:58,956 --> 17:59:04,756 it gets peer reviewed by somebody else 27196 17:59:01,916 --> 17:59:07,400 so like if I wrote some new ad copy or 27197 17:59:04,756 --> 17:59:09,240 Meg just made a new email it get let 27198 17:59:07,400 --> 17:59:11,080 gets left in a review for me to look at 27199 17:59:09,240 --> 17:59:13,276 it obviously this sounds ridiculous if 27200 17:59:11,080 --> 17:59:15,320 you're just a team of one recommend 27201 17:59:13,276 --> 17:59:17,476 setting up the board and sticking to 27202 17:59:15,320 --> 17:59:19,276 that so you have your source of Truth 27203 17:59:17,476 --> 17:59:20,916 and any time that you're not sure what 27204 17:59:19,276 --> 17:59:22,520 to be working on next you just go to 27205 17:59:20,916 --> 17:59:24,520 your trailer board see what cards you 27206 17:59:22,520 --> 17:59:26,276 have ties it pick up a card start 27207 17:59:24,520 --> 17:59:28,276 working on it and keep working on that 27208 17:59:26,276 --> 17:59:30,080 one card until it's completed then you 27209 17:59:28,276 --> 17:59:32,476 pick up another one move it over so on 27210 17:59:30,080 --> 17:59:34,880 and so forth if you don't have a central 27211 17:59:32,476 --> 17:59:36,476 Hub where all of your tasks and projects 27212 17:59:34,880 --> 17:59:38,560 are stored you end up sitting down at 27213 17:59:36,476 --> 17:59:40,636 your computer and just working on random 27214 17:59:38,560 --> 17:59:42,360 stuff like whatever pops into your head 27215 17:59:40,636 --> 17:59:44,720 so yeah so set up your Google Drive your 27216 17:59:42,360 --> 17:59:46,476 slack your trell board uh you can do 27217 17:59:44,720 --> 17:59:48,116 free plans of all of those it works 27218 17:59:46,476 --> 17:59:50,320 completely fine that's how we keep 27219 17:59:48,116 --> 17:59:50,320 things 27220 17:59:52,740 --> 17:59:57,530 [Music] 27221 17:59:59,880 --> 18:00:03,596 organized this lesson we're going to be 27222 18:00:01,680 --> 18:00:06,880 talking about some of the ways you can 27223 18:00:03,596 --> 18:00:09,680 hire extremely costeffective but super 27224 18:00:06,880 --> 18:00:11,680 highquality team members to join your 27225 18:00:09,680 --> 18:00:14,116 company and help free up some of your 27226 18:00:11,680 --> 18:00:16,000 time to focus on like other areas of the 27227 18:00:14,116 --> 18:00:18,040 business and most importantly get a lot 27228 18:00:16,000 --> 18:00:20,276 of your your time back feel like you're 27229 18:00:18,040 --> 18:00:22,796 not a slave to your business anymore so 27230 18:00:20,276 --> 18:00:24,476 first question to answer is how to at 27231 18:00:22,796 --> 18:00:26,476 what point should you start hiring and 27232 18:00:24,476 --> 18:00:28,476 that's really up to you for us we start 27233 18:00:26,476 --> 18:00:30,276 hiring as soon as we know that a store 27234 18:00:28,476 --> 18:00:32,160 is something we're going to stick with 27235 18:00:30,276 --> 18:00:33,956 like around the turning point of like 27236 18:00:32,160 --> 18:00:35,720 getting profitable and we're starting to 27237 18:00:33,956 --> 18:00:38,200 ramp up ad spend that's where we decide 27238 18:00:35,720 --> 18:00:39,720 to hire people and second question is 27239 18:00:38,200 --> 18:00:42,320 what are the first roles you should 27240 18:00:39,720 --> 18:00:45,080 Outsource and for us we first Outsource 27241 18:00:42,320 --> 18:00:47,160 customer service and then second is all 27242 18:00:45,080 --> 18:00:49,000 of the products the design creation and 27243 18:00:47,160 --> 18:00:50,880 stuff we still make manage ourselves but 27244 18:00:49,000 --> 18:00:52,636 that can certainly be outsourced as well 27245 18:00:50,880 --> 18:00:54,560 but customer service is a big one and in 27246 18:00:52,636 --> 18:00:56,956 the customer service lesson we showed 27247 18:00:54,560 --> 18:00:58,720 how we Outsource it yet maintain quality 27248 18:00:56,956 --> 18:01:01,400 which is always important and then the 27249 18:00:58,720 --> 18:01:03,320 Sops make managing the team easier but 27250 18:01:01,400 --> 18:01:05,560 we Outsource for customer service so all 27251 18:01:03,320 --> 18:01:07,680 the tickets comments that sort of thing 27252 18:01:05,560 --> 18:01:09,476 all the product uploads is second and 27253 18:01:07,680 --> 18:01:11,756 then the third thing is like okay so 27254 18:01:09,476 --> 18:01:13,720 I've decided that I want to Outsource 27255 18:01:11,756 --> 18:01:17,360 this role within the company but I can't 27256 18:01:13,720 --> 18:01:19,840 afford like a US person and I have 27257 18:01:17,360 --> 18:01:23,040 always outsourced overseas we worked 27258 18:01:19,840 --> 18:01:25,200 with some us-based people but I've found 27259 18:01:23,040 --> 18:01:27,636 like a lot of I've had a lot of success 27260 18:01:25,200 --> 18:01:30,720 with hiring like like really highquality 27261 18:01:27,636 --> 18:01:32,400 hardworking driven individuals overseas 27262 18:01:30,720 --> 18:01:33,596 there's just like kind of a science to 27263 18:01:32,400 --> 18:01:37,200 it and that's what we're going to get 27264 18:01:33,596 --> 18:01:39,116 into so this sop that you have here uh 27265 18:01:37,200 --> 18:01:40,400 you can you can just listen because 27266 18:01:39,116 --> 18:01:42,840 you're going to you can download this 27267 18:01:40,400 --> 18:01:44,720 and look at it for yourself but so the 27268 18:01:42,840 --> 18:01:46,756 upside to hiring in the US off of like 27269 18:01:44,720 --> 18:01:49,000 upwork or Fiverr something like that is 27270 18:01:46,756 --> 18:01:51,400 that you know it's normally high quality 27271 18:01:49,000 --> 18:01:54,436 typically high quality people they speak 27272 18:01:51,400 --> 18:01:57,360 English they are much faster to on board 27273 18:01:54,436 --> 18:01:59,360 a lot of times but it's very expensive 27274 18:01:57,360 --> 18:02:01,720 and it's still hit or miss like I've 27275 18:01:59,360 --> 18:02:03,476 hired us employees that end up sucking 27276 18:02:01,720 --> 18:02:05,200 like I'm sure everybody here who's 27277 18:02:03,476 --> 18:02:07,720 watching this has worked with somebody 27278 18:02:05,200 --> 18:02:10,160 or has had a cooworker or boss who sucks 27279 18:02:07,720 --> 18:02:12,360 like you still get that online for sure 27280 18:02:10,160 --> 18:02:13,916 it you're just paying like a huge 27281 18:02:12,360 --> 18:02:15,756 premium because they live in the US 27282 18:02:13,916 --> 18:02:17,596 which has a much higher cost of living 27283 18:02:15,756 --> 18:02:19,360 than somewhere like the Philippines 27284 18:02:17,596 --> 18:02:21,956 where where in the Philippines there's 27285 18:02:19,360 --> 18:02:24,040 hardworking really smart driven people 27286 18:02:21,956 --> 18:02:25,520 just like the US except their cost of 27287 18:02:24,040 --> 18:02:28,400 living over there is substantially 27288 18:02:25,520 --> 18:02:30,840 cheaper than ours so you can pay what 27289 18:02:28,400 --> 18:02:33,400 would be like a bad wage in the US is 27290 18:02:30,840 --> 18:02:35,596 like very competitive and like desirable 27291 18:02:33,400 --> 18:02:37,880 for people in the Philippines the 27292 18:02:35,596 --> 18:02:39,916 downside is that hiring is much more 27293 18:02:37,880 --> 18:02:41,840 challenging the reason is that there's a 27294 18:02:39,916 --> 18:02:43,916 lot of like just overseas employees in 27295 18:02:41,840 --> 18:02:46,720 general that are either a like don't 27296 18:02:43,916 --> 18:02:48,796 really speak English B they take on a 27297 18:02:46,720 --> 18:02:51,000 ton of jobs all at once and you're just 27298 18:02:48,796 --> 18:02:52,320 like one so if you pay them for 8 hours 27299 18:02:51,000 --> 18:02:56,000 you might only be getting like two to 27300 18:02:52,320 --> 18:02:58,360 three of actual work and if you post on 27301 18:02:56,000 --> 18:03:00,840 job boards you will just get flooded 27302 18:02:58,360 --> 18:03:02,160 with applications so how do we avoid 27303 18:03:00,840 --> 18:03:04,000 that how do we get the Best of Both 27304 18:03:02,160 --> 18:03:06,080 Worlds how do we avoid all the BS you 27305 18:03:04,000 --> 18:03:08,916 deal with sometimes with overseas 27306 18:03:06,080 --> 18:03:10,956 employees H but at the same time get the 27307 18:03:08,916 --> 18:03:13,880 cost Effectiveness and that's what this 27308 18:03:10,956 --> 18:03:15,360 so covers so the way that I do it is I 27309 18:03:13,880 --> 18:03:17,916 create an 27310 18:03:15,360 --> 18:03:19,400 onlinejobs.ph account and this is where 27311 18:03:17,916 --> 18:03:20,720 we hire everybody from there's going to 27312 18:03:19,400 --> 18:03:22,880 be a link for it somewhere around this 27313 18:03:20,720 --> 18:03:25,840 video but we hire everybody from it and 27314 18:03:22,880 --> 18:03:27,276 we create a job posting for something 27315 18:03:25,840 --> 18:03:30,436 like say we're hiring for customer 27316 18:03:27,276 --> 18:03:32,596 service and I make a job posting with a 27317 18:03:30,436 --> 18:03:34,680 description of what it's going to be 27318 18:03:32,596 --> 18:03:37,520 like which is or what the role is and 27319 18:03:34,680 --> 18:03:40,040 put it towards the bottom uh of this sop 27320 18:03:37,520 --> 18:03:42,520 but we turn up some of the filters that 27321 18:03:40,040 --> 18:03:45,240 online jobs has like the ID proof we 27322 18:03:42,520 --> 18:03:46,720 make sure that it's at 70 or higher and 27323 18:03:45,240 --> 18:03:49,240 we the second thing and the more 27324 18:03:46,720 --> 18:03:52,276 important thing is we set up a spark 27325 18:03:49,240 --> 18:03:54,880 hire account spark hire is a video 27326 18:03:52,276 --> 18:03:57,200 interview software and what's really 27327 18:03:54,880 --> 18:03:58,956 important about this is that we put the 27328 18:03:57,200 --> 18:04:00,956 link so spark hire the way that it works 27329 18:03:58,956 --> 18:04:03,080 is that you set up these virtual 27330 18:04:00,956 --> 18:04:06,560 interviews video interviews where you 27331 18:04:03,080 --> 18:04:08,436 set aside like here like 10 questions 27332 18:04:06,560 --> 18:04:10,400 that are like you can do any interview 27333 18:04:08,436 --> 18:04:13,520 questions you can just copy these but 27334 18:04:10,400 --> 18:04:15,680 the goal is to like they click the link 27335 18:04:13,520 --> 18:04:17,880 the potential applicant clicks the link 27336 18:04:15,680 --> 18:04:20,276 and then in the spark hire app they 27337 18:04:17,880 --> 18:04:22,400 prompted to record themselves like on 27338 18:04:20,276 --> 18:04:24,200 video and audio answering these 27339 18:04:22,400 --> 18:04:27,116 questions and then we put the link to 27340 18:04:24,200 --> 18:04:28,476 that in the uh online jobs application 27341 18:04:27,116 --> 18:04:29,880 which normally the online jobs 27342 18:04:28,476 --> 18:04:33,916 application you're going to get like 27343 18:04:29,880 --> 18:04:35,520 hundreds of mostly BS responses but when 27344 18:04:33,916 --> 18:04:37,840 you do when you add the spark higher 27345 18:04:35,520 --> 18:04:39,916 link and you explicitly say in the job 27346 18:04:37,840 --> 18:04:41,956 posting that the only applicants we will 27347 18:04:39,916 --> 18:04:44,160 consider are the ones who take the time 27348 18:04:41,956 --> 18:04:46,240 to complete this video interview and it 27349 18:04:44,160 --> 18:04:47,680 takes them like I don't know 10 15 27350 18:04:46,240 --> 18:04:49,400 minutes depends on how many questions 27351 18:04:47,680 --> 18:04:51,276 you at and those are the only ones we 27352 18:04:49,400 --> 18:04:52,956 look at so like for this job posting I 27353 18:04:51,276 --> 18:04:55,840 think I have the metrics in here no it 27354 18:04:52,956 --> 18:04:59,000 might not be but so I got like 750 27355 18:04:55,840 --> 18:05:01,160 applicants on online jobs 30 of them 27356 18:04:59,000 --> 18:05:03,520 actually took the time to record a video 27357 18:05:01,160 --> 18:05:06,080 interview then out of those 30 video 27358 18:05:03,520 --> 18:05:08,320 interviews I watch all of them and I can 27359 18:05:06,080 --> 18:05:09,560 immediately tell like if I care about 27360 18:05:08,320 --> 18:05:11,360 like if it's customer service I need 27361 18:05:09,560 --> 18:05:14,320 them to have like good like English 27362 18:05:11,360 --> 18:05:16,200 literacy like or competency so I can 27363 18:05:14,320 --> 18:05:18,596 immediately just listen to them and tell 27364 18:05:16,200 --> 18:05:20,160 like okay do they check that yes or no 27365 18:05:18,596 --> 18:05:21,520 and just by watching somebody and like 27366 18:05:20,160 --> 18:05:22,956 hearing them answer the questions you 27367 18:05:21,520 --> 18:05:25,596 can tell if it's going to be a good 27368 18:05:22,956 --> 18:05:26,956 culture fit with the company versus you 27369 18:05:25,596 --> 18:05:29,880 know somebody who's not like somebody 27370 18:05:26,956 --> 18:05:32,040 who's super low energy like down like 27371 18:05:29,880 --> 18:05:33,680 this and like doesn't really seem 27372 18:05:32,040 --> 18:05:34,916 animated at all at least for me not 27373 18:05:33,680 --> 18:05:37,240 somebody I really want to work with so 27374 18:05:34,916 --> 18:05:39,560 that's very easy to put them to the side 27375 18:05:37,240 --> 18:05:41,476 but out of 30 applicants you're going to 27376 18:05:39,560 --> 18:05:43,080 find at least three to five that you 27377 18:05:41,476 --> 18:05:44,720 really like you choose the ones they 27378 18:05:43,080 --> 18:05:47,200 want to get on a phone call with they 27379 18:05:44,720 --> 18:05:49,000 have a video in or a yeah either a video 27380 18:05:47,200 --> 18:05:52,320 or phone interview which is three of 27381 18:05:49,000 --> 18:05:55,880 them so we went from 750 to 30 to now 27382 18:05:52,320 --> 18:05:57,680 three really qualified like goet them 27383 18:05:55,880 --> 18:05:59,400 type attitude people cuz those are the 27384 18:05:57,680 --> 18:06:02,080 ones who are going to take the time to 27385 18:05:59,400 --> 18:06:03,796 actually one read the entire applicate 27386 18:06:02,080 --> 18:06:05,796 or the entire job description and then 27387 18:06:03,796 --> 18:06:08,636 two actually take the time to click the 27388 18:06:05,796 --> 18:06:10,360 link and record thems and then three 27389 18:06:08,636 --> 18:06:12,476 give really good responses to your 27390 18:06:10,360 --> 18:06:14,596 questions just by doing that you go from 27391 18:06:12,476 --> 18:06:17,840 a huge funnel where you'd have to sift 27392 18:06:14,596 --> 18:06:19,400 through all of those responses to three 27393 18:06:17,840 --> 18:06:21,400 really high quality people you get on 27394 18:06:19,400 --> 18:06:23,476 the phone with them and all this happens 27395 18:06:21,400 --> 18:06:25,560 over like the course of a week or two 27396 18:06:23,476 --> 18:06:27,636 and by the end of that period you have 27397 18:06:25,560 --> 18:06:30,360 an amazing applicant now how much can 27398 18:06:27,636 --> 18:06:32,636 you expect to pay the people uh we have 27399 18:06:30,360 --> 18:06:34,956 that in here somewhere you can look up 27400 18:06:32,636 --> 18:06:37,596 like the cost of living and wages in the 27401 18:06:34,956 --> 18:06:39,680 Philippines we typically pay I mean it 27402 18:06:37,596 --> 18:06:43,200 depends on the role but anywhere from 27403 18:06:39,680 --> 18:06:45,276 four or five up to 10 bucks an hour plus 27404 18:06:43,200 --> 18:06:48,320 uh like pretty generous bonuses and 27405 18:06:45,276 --> 18:06:49,880 endof year holiday bonuses as well like 27406 18:06:48,320 --> 18:06:51,320 we want everybody in the team we'll talk 27407 18:06:49,880 --> 18:06:52,636 about this in the management section but 27408 18:06:51,320 --> 18:06:54,276 we want everyone in the team to feel 27409 18:06:52,636 --> 18:06:55,840 like they are part of the company and 27410 18:06:54,276 --> 18:06:57,720 not that they're just working for the 27411 18:06:55,840 --> 18:07:00,560 company so if the company's performing 27412 18:06:57,720 --> 18:07:03,160 well then everybody you know gets a 27413 18:07:00,560 --> 18:07:06,720 kickback for that um but generally like 27414 18:07:03,160 --> 18:07:08,560 five $10 an hour plus a it's pretty 27415 18:07:06,720 --> 18:07:10,720 customary in the Philippines to give a 1 27416 18:07:08,560 --> 18:07:12,360 to two month salary bonus at the end of 27417 18:07:10,720 --> 18:07:15,080 the year oh and last thing that I forgot 27418 18:07:12,360 --> 18:07:17,200 to mention is to like really vet the 27419 18:07:15,080 --> 18:07:20,360 people before you hire them something 27420 18:07:17,200 --> 18:07:21,756 that I recommend trying is a paid trial 27421 18:07:20,360 --> 18:07:24,000 and you can do this with each of the 27422 18:07:21,756 --> 18:07:26,276 three people uh that you narrow it down 27423 18:07:24,000 --> 18:07:28,200 to done this a bunch of times and it it 27424 18:07:26,276 --> 18:07:30,240 really helps a lot that before you jump 27425 18:07:28,200 --> 18:07:32,400 into bed with hiring somebody and bring 27426 18:07:30,240 --> 18:07:34,476 them on full-time you want to vet if 27427 18:07:32,400 --> 18:07:35,636 they're like really good culture fit 27428 18:07:34,476 --> 18:07:36,756 especially if you already have an 27429 18:07:35,636 --> 18:07:39,240 existing team that they're going to be 27430 18:07:36,756 --> 18:07:42,840 getting added into so the way that we 27431 18:07:39,240 --> 18:07:44,596 vet it even further is if is by offering 27432 18:07:42,840 --> 18:07:46,680 them to do a PID trial now the key is 27433 18:07:44,596 --> 18:07:49,320 that you have to be extremely upfront 27434 18:07:46,680 --> 18:07:51,200 with people you can't just bring in all 27435 18:07:49,320 --> 18:07:52,840 three of them and like give them tasks 27436 18:07:51,200 --> 18:07:55,320 and not let them know that you know 27437 18:07:52,840 --> 18:07:56,756 they're basically on a trial basis you 27438 18:07:55,320 --> 18:07:58,916 have to let them know that this is going 27439 18:07:56,756 --> 18:08:01,160 to be a two- week trial and at the end 27440 18:07:58,916 --> 18:08:03,636 of it we can evaluate if it's good fit 27441 18:08:01,160 --> 18:08:05,956 or not and you pay them whatever their 27442 18:08:03,636 --> 18:08:08,200 normal rate would be but it's really key 27443 18:08:05,956 --> 18:08:09,720 to have that first couple week like 27444 18:08:08,200 --> 18:08:11,880 buffer to see if you really want to work 27445 18:08:09,720 --> 18:08:13,720 with the person because it really stinks 27446 18:08:11,880 --> 18:08:16,160 like investing all that time hiring and 27447 18:08:13,720 --> 18:08:17,436 training somebody just to you know 27448 18:08:16,160 --> 18:08:19,756 realize that it's not going to work out 27449 18:08:17,436 --> 18:08:21,080 out so anyways we'll share the SOP it'll 27450 18:08:19,756 --> 18:08:23,680 be linked somewhere around this video 27451 18:08:21,080 --> 18:08:25,560 with the job posting the spark hire 27452 18:08:23,680 --> 18:08:27,880 questions that we use and then the link 27453 18:08:25,560 --> 18:08:29,680 to online jobs so once you're at the 27454 18:08:27,880 --> 18:08:32,200 point of wanting to Outsource either 27455 18:08:29,680 --> 18:08:33,916 customer service or supply chain any of 27456 18:08:32,200 --> 18:08:36,240 the above or your marketing whatever you 27457 18:08:33,916 --> 18:08:38,596 pick really uh and you already have like 27458 18:08:36,240 --> 18:08:40,080 good Sops on you know training and 27459 18:08:38,596 --> 18:08:41,916 onboarding those people once they get 27460 18:08:40,080 --> 18:08:45,040 into the company recommend doing that 27461 18:08:41,916 --> 18:08:46,840 first too then go through this process 27462 18:08:45,040 --> 18:08:48,116 uh and enjoy it's a lot of fun building 27463 18:08:46,840 --> 18:08:50,200 a teams especially when you have a good 27464 18:08:48,116 --> 18:08:52,080 culture and people actually like being 27465 18:08:50,200 --> 18:08:54,276 there which always comes down to you as 27466 18:08:52,080 --> 18:08:56,436 the business owner you set that that uh 27467 18:08:54,276 --> 18:08:57,956 Cadence or like that energy within the 27468 18:08:56,436 --> 18:09:00,080 company but we'll talk more about that 27469 18:08:57,956 --> 18:09:02,880 in the management lesson so thanks for 27470 18:09:00,080 --> 18:09:02,880 watching and I'll see you 27471 18:09:05,090 --> 18:09:09,879 [Music] 27472 18:09:12,160 --> 18:09:16,560 soon in this lesson we're going to be 27473 18:09:14,240 --> 18:09:19,680 talking about how to effectively manage 27474 18:09:16,560 --> 18:09:22,916 your virtual team of either vas or 27475 18:09:19,680 --> 18:09:24,880 us-based employees and contractors and 27476 18:09:22,916 --> 18:09:26,916 at a high level this to me really comes 27477 18:09:24,880 --> 18:09:28,636 down to building a really good culture 27478 18:09:26,916 --> 18:09:30,436 that people want to be a part of and 27479 18:09:28,636 --> 18:09:32,436 that's fun for people and it's kind of 27480 18:09:30,436 --> 18:09:33,880 the theme of this whole course is like 27481 18:09:32,436 --> 18:09:36,240 picking a niche that you're passionate 27482 18:09:33,880 --> 18:09:38,116 about and that energy like is infectious 27483 18:09:36,240 --> 18:09:40,276 in a really good way for everybody that 27484 18:09:38,116 --> 18:09:43,276 you're working with and to me the most 27485 18:09:40,276 --> 18:09:46,040 important principles are mutual respect 27486 18:09:43,276 --> 18:09:48,520 investing in the team and making sure 27487 18:09:46,040 --> 18:09:49,880 that everybody feels hurt and you know 27488 18:09:48,520 --> 18:09:52,276 that they're contributing in a 27489 18:09:49,880 --> 18:09:53,840 meaningful way and that's why like we 27490 18:09:52,276 --> 18:09:57,080 talked about in the hiring process it's 27491 18:09:53,840 --> 18:09:59,520 really important to narrow like do a a 27492 18:09:57,080 --> 18:10:01,000 broad like selection process where you 27493 18:09:59,520 --> 18:10:02,320 bring in a lot of potential applicants 27494 18:10:01,000 --> 18:10:04,720 and then narrow it down to like the 27495 18:10:02,320 --> 18:10:07,360 really top performers I heard somebody 27496 18:10:04,720 --> 18:10:10,840 describe team's culture once as the 27497 18:10:07,360 --> 18:10:13,276 lowest acceptable standard in a group so 27498 18:10:10,840 --> 18:10:15,360 whatever a group if you have a group of 27499 18:10:13,276 --> 18:10:17,956 10 people the highest performer the 27500 18:10:15,360 --> 18:10:20,240 culture does not rise to that top person 27501 18:10:17,956 --> 18:10:22,240 the culture normally drops to the lowest 27502 18:10:20,240 --> 18:10:24,320 performer so if you have eight people 27503 18:10:22,240 --> 18:10:26,116 that are doing really well one person is 27504 18:10:24,320 --> 18:10:28,560 doing okay and then one person is just 27505 18:10:26,116 --> 18:10:30,636 doing mediocre and they're allowed to 27506 18:10:28,560 --> 18:10:32,756 continually get away with it these top 27507 18:10:30,636 --> 18:10:34,360 eight performers are going to see that 27508 18:10:32,756 --> 18:10:36,276 like they're aware of everything even 27509 18:10:34,360 --> 18:10:38,240 virtually they're aware of that and they 27510 18:10:36,276 --> 18:10:40,720 see that standard that's being accepted 27511 18:10:38,240 --> 18:10:42,680 and they will go subconsciously human 27512 18:10:40,720 --> 18:10:44,476 nature they'll go well screw this I'm 27513 18:10:42,680 --> 18:10:46,680 not going to work my ass off and like be 27514 18:10:44,476 --> 18:10:48,560 up here when this person is getting paid 27515 18:10:46,680 --> 18:10:52,200 the same as me and they're like allowed 27516 18:10:48,560 --> 18:10:53,916 to get away with it and as as a an aside 27517 18:10:52,200 --> 18:10:56,000 you're included in that you are one of 27518 18:10:53,916 --> 18:10:58,040 those 10 people so the standard that you 27519 18:10:56,000 --> 18:11:00,400 set for yourself and for the rest of the 27520 18:10:58,040 --> 18:11:01,916 group that that's everything like we're 27521 18:11:00,400 --> 18:11:04,080 going to talk about like managing 27522 18:11:01,916 --> 18:11:06,160 payroll time tracking all that kind of 27523 18:11:04,080 --> 18:11:08,320 like the technical stuff but the culture 27524 18:11:06,160 --> 18:11:10,636 is the most important thing and to me 27525 18:11:08,320 --> 18:11:13,476 that comes down to holding yourself to 27526 18:11:10,636 --> 18:11:15,320 the highest standard out of anybody and 27527 18:11:13,476 --> 18:11:16,840 being very consistent with that like if 27528 18:11:15,320 --> 18:11:18,520 you're late to a meeting you have to 27529 18:11:16,840 --> 18:11:20,636 address you can't just act like oh I'm 27530 18:11:18,520 --> 18:11:22,756 the boss whatever you you have to be the 27531 18:11:20,636 --> 18:11:25,956 person that is setting the example for 27532 18:11:22,756 --> 18:11:29,000 everybody else but all right so off my 27533 18:11:25,956 --> 18:11:30,320 Soap Box the the Tactical or technical 27534 18:11:29,000 --> 18:11:32,320 stuff so when it comes to managing a 27535 18:11:30,320 --> 18:11:34,400 virtual team we do a couple of things so 27536 18:11:32,320 --> 18:11:36,560 we have our time tracking and 27537 18:11:34,400 --> 18:11:38,040 productivity tracking app then we 27538 18:11:36,560 --> 18:11:40,080 obviously have our organization and 27539 18:11:38,040 --> 18:11:41,880 project management tools like Google 27540 18:11:40,080 --> 18:11:44,160 Drive slack Trello like we already 27541 18:11:41,880 --> 18:11:46,360 talked about but the time tracking app 27542 18:11:44,160 --> 18:11:48,756 that we use where everybody logs into on 27543 18:11:46,360 --> 18:11:51,320 a daily basis is called hubstaff and 27544 18:11:48,756 --> 18:11:53,320 hubstaff is great because it's very easy 27545 18:11:51,320 --> 18:11:55,436 for if you have like a manager on your 27546 18:11:53,320 --> 18:11:57,756 team they can create projects and and 27547 18:11:55,436 --> 18:12:00,476 your team is able to track time to each 27548 18:11:57,756 --> 18:12:02,756 of those projects and the other nice 27549 18:12:00,476 --> 18:12:04,756 thing is that so they log in each day 27550 18:12:02,756 --> 18:12:06,880 they track their time you're able to 27551 18:12:04,756 --> 18:12:09,160 like make sure that you know people are 27552 18:12:06,880 --> 18:12:10,400 actually logging in and working which is 27553 18:12:09,160 --> 18:12:11,880 more important like when you're first 27554 18:12:10,400 --> 18:12:13,720 starting out working with somebody 27555 18:12:11,880 --> 18:12:16,320 virtually like you want to make sure 27556 18:12:13,720 --> 18:12:18,116 that you know they're being productive 27557 18:12:16,320 --> 18:12:20,156 and on top of stuff stuff and I mean 27558 18:12:18,116 --> 18:12:21,756 over time that like I rarely ever 27559 18:12:20,156 --> 18:12:22,876 checked this think this is the first 27560 18:12:21,756 --> 18:12:25,360 time in a month that I've actually 27561 18:12:22,876 --> 18:12:28,156 pulled this up but couple of cool things 27562 18:12:25,360 --> 18:12:30,244 in here is that you can see like which 27563 18:12:28,156 --> 18:12:33,080 projects are getting the most work on 27564 18:12:30,244 --> 18:12:35,640 work done on them and then you're also 27565 18:12:33,080 --> 18:12:38,920 able so you add anybody you hire all 27566 18:12:35,640 --> 18:12:40,920 your virtual employees and then they 27567 18:12:38,920 --> 18:12:43,116 track their hours throughout the week or 27568 18:12:40,920 --> 18:12:46,040 bu weekly and then you're able to 27569 18:12:43,116 --> 18:12:47,920 integrate your payroll software so you 27570 18:12:46,040 --> 18:12:50,080 can either use like PayPal or we use 27571 18:12:47,920 --> 18:12:53,116 wise which is good for paying 27572 18:12:50,080 --> 18:12:55,000 International contractors and it 27573 18:12:53,116 --> 18:12:56,436 automatically will run payroll at the 27574 18:12:55,000 --> 18:12:58,244 end of the two-e period so you don't 27575 18:12:56,436 --> 18:12:59,836 have to go into wise and like manually 27576 18:12:58,244 --> 18:13:01,436 send payments to everybody it'll 27577 18:12:59,836 --> 18:13:03,516 automatically at the end of the two 27578 18:13:01,436 --> 18:13:05,280 weeks they submit their time sheet you 27579 18:13:03,516 --> 18:13:07,876 approve it and then it 27580 18:13:05,280 --> 18:13:09,600 automatically uh pays them and they 27581 18:13:07,876 --> 18:13:12,876 receive the the payment in like a day or 27582 18:13:09,600 --> 18:13:15,280 two uh as a as a side note with hiring 27583 18:13:12,876 --> 18:13:17,836 virtual employees for tax purposes if 27584 18:13:15,280 --> 18:13:20,756 you're a US citizen you're technically 27585 18:13:17,836 --> 18:13:23,244 supposed to collect what's called a 27586 18:13:20,756 --> 18:13:25,436 w8ben which is basically just showing 27587 18:13:23,244 --> 18:13:27,720 that you're not laundering money 27588 18:13:25,436 --> 18:13:30,400 overseas or embezzling whatever the 27589 18:13:27,720 --> 18:13:33,720 correct term is and uh it's kind of like 27590 18:13:30,400 --> 18:13:35,920 a $199 but for virtual or like overseas 27591 18:13:33,720 --> 18:13:37,476 employees so definitely this is not 27592 18:13:35,920 --> 18:13:39,280 Financial advice but something worth 27593 18:13:37,476 --> 18:13:41,436 looking into so that's how we track time 27594 18:13:39,280 --> 18:13:42,516 we set everybody up in here it you know 27595 18:13:41,436 --> 18:13:44,320 make sure that everybody's being 27596 18:13:42,516 --> 18:13:48,400 productive you can see their activity 27597 18:13:44,320 --> 18:13:51,116 scores and you know if somebody's like 27598 18:13:48,400 --> 18:13:53,156 slacking off either you or the manager 27599 18:13:51,116 --> 18:13:55,116 can check in with them that's like human 27600 18:13:53,156 --> 18:13:56,400 nature it happens from time to time but 27601 18:13:55,116 --> 18:13:58,116 that brings me to the next thing which 27602 18:13:56,400 --> 18:13:59,360 is performance reviews and this is 27603 18:13:58,116 --> 18:14:01,556 something that I didn't really do for a 27604 18:13:59,360 --> 18:14:04,116 long time but it's and I can still do a 27605 18:14:01,556 --> 18:14:06,196 much better job of it but like I said 27606 18:14:04,116 --> 18:14:08,040 reinvesting uh in like building up your 27607 18:14:06,196 --> 18:14:10,116 team like them as people and as 27608 18:14:08,040 --> 18:14:13,680 professionals everybody wants to improve 27609 18:14:10,116 --> 18:14:15,720 and doing like monthly or even weekly 27610 18:14:13,680 --> 18:14:17,640 performance reviews and check-ins with 27611 18:14:15,720 --> 18:14:19,116 people is a great way to to do that see 27612 18:14:17,640 --> 18:14:20,920 how people are doing not just on the 27613 18:14:19,116 --> 18:14:22,320 business side like much less on the 27614 18:14:20,920 --> 18:14:24,116 business and more about their personal 27615 18:14:22,320 --> 18:14:27,600 life like when we do our standup 27616 18:14:24,116 --> 18:14:29,400 meetings which we do like once a week um 27617 18:14:27,600 --> 18:14:31,516 it's just a check-in to see how 27618 18:14:29,400 --> 18:14:33,680 everybody's doing and the questions 27619 18:14:31,516 --> 18:14:35,360 everybody gets like 2 minutes we go 27620 18:14:33,680 --> 18:14:37,156 around and uh the first question that 27621 18:14:35,360 --> 18:14:39,000 people answer is what's something that 27622 18:14:37,156 --> 18:14:41,244 you're grateful for like and it can't be 27623 18:14:39,000 --> 18:14:43,680 work-related then second is what did you 27624 18:14:41,244 --> 18:14:45,556 work on last week or since last standup 27625 18:14:43,680 --> 18:14:48,116 whatever your you know regular schedule 27626 18:14:45,556 --> 18:14:49,400 is since last standup what's your plan 27627 18:14:48,116 --> 18:14:51,476 like what are you working on for this 27628 18:14:49,400 --> 18:14:53,000 coming week and then fourth question is 27629 18:14:51,476 --> 18:14:55,080 what's something that's currently 27630 18:14:53,000 --> 18:14:56,640 challenging you or blocking you like 27631 18:14:55,080 --> 18:14:58,796 what's something that you need from 27632 18:14:56,640 --> 18:15:02,196 somebody else or like that I can support 27633 18:14:58,796 --> 18:15:03,836 you with and it's really helpful the the 27634 18:15:02,196 --> 18:15:05,600 gratefulness question at the beginning 27635 18:15:03,836 --> 18:15:08,080 kind of sets like a really good mood and 27636 18:15:05,600 --> 18:15:10,080 tone for the whole meeting and then the 27637 18:15:08,080 --> 18:15:11,360 goal is to like make it quick and snappy 27638 18:15:10,080 --> 18:15:14,244 reason it's called a stand up meetings 27639 18:15:11,360 --> 18:15:15,796 that companies run this run these like 27640 18:15:14,244 --> 18:15:17,400 you're meant to like come to the table 27641 18:15:15,796 --> 18:15:19,280 and literally stay standing the goal is 27642 18:15:17,400 --> 18:15:20,836 to make it a short like 10 15 minute 27643 18:15:19,280 --> 18:15:23,436 just quick check-in make sure we're on 27644 18:15:20,836 --> 18:15:26,116 the same page and then split and if any 27645 18:15:23,436 --> 18:15:28,476 issues or topics come up that warrant 27646 18:15:26,116 --> 18:15:30,360 additional conversations you put it in 27647 18:15:28,476 --> 18:15:31,836 what's called your parking lot just 27648 18:15:30,360 --> 18:15:33,436 basically you don't talk about it right 27649 18:15:31,836 --> 18:15:36,196 then and there like if we had an issue 27650 18:15:33,436 --> 18:15:37,796 where you know somebody found that like 27651 18:15:36,196 --> 18:15:38,960 our cost of goods was going up 27652 18:15:37,796 --> 18:15:41,080 substantially and that's what they were 27653 18:15:38,960 --> 18:15:42,836 going to work on for this next week and 27654 18:15:41,080 --> 18:15:44,920 their problem they were facing is they 27655 18:15:42,836 --> 18:15:47,156 weren't sure why or they needed like 27656 18:15:44,920 --> 18:15:48,960 access to an account in order to you 27657 18:15:47,156 --> 18:15:50,720 know look into it whatever it is you 27658 18:15:48,960 --> 18:15:53,000 don't talk about it in the standup 27659 18:15:50,720 --> 18:15:55,080 meeting you talk you put it in your 27660 18:15:53,000 --> 18:15:57,116 parking lot which is where like 27661 18:15:55,080 --> 18:15:58,720 afterwards after standup once everybody 27662 18:15:57,116 --> 18:16:00,680 goes back to what they were doing you 27663 18:15:58,720 --> 18:16:02,476 and that person Circle up and problem 27664 18:16:00,680 --> 18:16:04,680 solve it so the goal of those standup 27665 18:16:02,476 --> 18:16:07,040 meetings either on a weekly or twice a 27666 18:16:04,680 --> 18:16:09,640 week basis a lot of places do it every 27667 18:16:07,040 --> 18:16:11,960 single day and uh the goal is just quick 27668 18:16:09,640 --> 18:16:14,516 touch base see how everyone's doing 27669 18:16:11,960 --> 18:16:16,040 reconnect with the team uh and then just 27670 18:16:14,516 --> 18:16:18,600 remove any roadblocks that people are 27671 18:16:16,040 --> 18:16:20,436 facing and in my experience a lot of uh 27672 18:16:18,600 --> 18:16:23,280 what it means to Be an Effective manager 27673 18:16:20,436 --> 18:16:26,876 comes from the previous lessons within 27674 18:16:23,280 --> 18:16:29,436 this module it's having a well organized 27675 18:16:26,876 --> 18:16:32,436 company it's having your Sops and your 27676 18:16:29,436 --> 18:16:34,640 processes well documented so that it's a 27677 18:16:32,436 --> 18:16:36,756 place that's easy for somebody who's a 27678 18:16:34,640 --> 18:16:38,876 complete beginner or newbie in your 27679 18:16:36,756 --> 18:16:40,280 business like they're fresh out like for 27680 18:16:38,876 --> 18:16:43,280 everything they don't know anything 27681 18:16:40,280 --> 18:16:45,556 making it a welcoming and well organized 27682 18:16:43,280 --> 18:16:48,080 environment for them to you know start 27683 18:16:45,556 --> 18:16:50,476 to grow in if picture like a company 27684 18:16:48,080 --> 18:16:52,476 that you join and it's like all right 27685 18:16:50,476 --> 18:16:55,040 there's your role good luck like here's 27686 18:16:52,476 --> 18:16:56,680 Google Drive and it's just a mess and 27687 18:16:55,040 --> 18:16:58,600 you don't have like standup meetings you 27688 18:16:56,680 --> 18:17:00,796 don't have Sops you don't have check-ins 27689 18:16:58,600 --> 18:17:03,244 you don't have your kpi spreadsheets you 27690 18:17:00,796 --> 18:17:05,040 don't have like you have no checks and 27691 18:17:03,244 --> 18:17:07,556 balances you have no idea what you 27692 18:17:05,040 --> 18:17:08,960 should be doing contrasting that with a 27693 18:17:07,556 --> 18:17:11,000 company where you come in you have an 27694 18:17:08,960 --> 18:17:12,680 onboarding call with your manager or 27695 18:17:11,000 --> 18:17:15,116 like the owner of the business then you 27696 18:17:12,680 --> 18:17:16,600 have clear direction of here's our 27697 18:17:15,116 --> 18:17:18,040 Google Drive that's nice and organized 27698 18:17:16,600 --> 18:17:19,920 here's here our slack channels here's 27699 18:17:18,040 --> 18:17:22,360 how they work here's how to use Hub 27700 18:17:19,920 --> 18:17:25,000 staff and then here's all the Sops 27701 18:17:22,360 --> 18:17:26,756 pertaining to your specific role here's 27702 18:17:25,000 --> 18:17:29,400 the kpis that we're measuring for your 27703 18:17:26,756 --> 18:17:30,960 specific role uh like key performance 27704 18:17:29,400 --> 18:17:33,156 indicator like if you're the product 27705 18:17:30,960 --> 18:17:34,796 development person will you expect X 27706 18:17:33,156 --> 18:17:36,516 number of products to be uploaded on a 27707 18:17:34,796 --> 18:17:38,556 daily basis if you're ever not able to 27708 18:17:36,516 --> 18:17:40,960 hit that that's fine but here's what you 27709 18:17:38,556 --> 18:17:42,876 should do and we do standup meetings on 27710 18:17:40,960 --> 18:17:44,960 a weekly basis where you can meet the 27711 18:17:42,876 --> 18:17:46,876 entire team and you know we do 27712 18:17:44,960 --> 18:17:49,876 performance reviews where you and I I 27713 18:17:46,876 --> 18:17:51,796 will meet oneon-one on a monthly basis 27714 18:17:49,876 --> 18:17:53,680 and at the end of the year depending on 27715 18:17:51,796 --> 18:17:56,116 this the business's performance and your 27716 18:17:53,680 --> 18:17:57,516 performance individually you get a bonus 27717 18:17:56,116 --> 18:17:59,400 completely different experience 27718 18:17:57,516 --> 18:18:01,876 somewhere that that person is able to 27719 18:17:59,400 --> 18:18:03,640 thrive and you know grow and really add 27720 18:18:01,876 --> 18:18:04,836 a lot of value to the business compared 27721 18:18:03,640 --> 18:18:07,360 to the first one it's just going to be a 27722 18:18:04,836 --> 18:18:09,756 mess and it's not going to end up like 27723 18:18:07,360 --> 18:18:11,756 working out for either party and I say 27724 18:18:09,756 --> 18:18:14,400 that from personal experience that's the 27725 18:18:11,756 --> 18:18:16,400 route that I've gone way too many times 27726 18:18:14,400 --> 18:18:17,720 um but I've learned from that now and 27727 18:18:16,400 --> 18:18:20,196 yeah hopefully this has been helpful I'm 27728 18:18:17,720 --> 18:18:22,116 not an expert manager by any means but 27729 18:18:20,196 --> 18:18:23,836 to me it just comes down to genuinely 27730 18:18:22,116 --> 18:18:25,280 caring about the team and the people 27731 18:18:23,836 --> 18:18:26,756 that you're working with and then 27732 18:18:25,280 --> 18:18:28,040 keeping organized so that people feel 27733 18:18:26,756 --> 18:18:30,960 like they have the tools that they need 27734 18:18:28,040 --> 18:18:33,116 to succeed our goal as a manager is to 27735 18:18:30,960 --> 18:18:34,876 be there for the people and to give them 27736 18:18:33,116 --> 18:18:37,196 what they need not the other way around 27737 18:18:34,876 --> 18:18:39,516 it's like the bottom up philosophy like 27738 18:18:37,196 --> 18:18:41,796 it's not top down like you looking down 27739 18:18:39,516 --> 18:18:43,436 at the team it's quite literally the 27740 18:18:41,796 --> 18:18:45,960 opposite like you were there to serve 27741 18:18:43,436 --> 18:18:47,640 your team and viewing it that way just 27742 18:18:45,960 --> 18:18:51,436 completely changed the game and makes it 27743 18:18:47,640 --> 18:18:51,436 a lot more fun place to work for 27744 18:18:53,780 --> 18:19:02,436 [Music] 27745 18:19:00,040 --> 18:19:05,000 everybody hi everybody in this module 27746 18:19:02,436 --> 18:19:06,720 we're going to go over sales tax this is 27747 18:19:05,000 --> 18:19:08,680 one of the biggest questions that we get 27748 18:19:06,720 --> 18:19:10,836 asked in our school community and 27749 18:19:08,680 --> 18:19:13,280 there's just a lot of questions about it 27750 18:19:10,836 --> 18:19:15,796 which makes sense because it's not the 27751 18:19:13,280 --> 18:19:17,920 most straightforward topic now before we 27752 18:19:15,796 --> 18:19:20,600 dive into this this is not any kind of 27753 18:19:17,920 --> 18:19:23,320 legal or financial advice always always 27754 18:19:20,600 --> 18:19:26,516 always turn to an accountant or a tax 27755 18:19:23,320 --> 18:19:29,436 expert to really dive deep and answer 27756 18:19:26,516 --> 18:19:31,280 all of your personal tax questions and 27757 18:19:29,436 --> 18:19:34,156 requirements that you need but I'll run 27758 18:19:31,280 --> 18:19:36,040 through the gist of Shopify and kind of 27759 18:19:34,156 --> 18:19:38,556 let you know how to sign up for sales 27760 18:19:36,040 --> 18:19:40,320 tax in the United States so what you're 27761 18:19:38,556 --> 18:19:43,516 going to want to do is head over to 27762 18:19:40,320 --> 18:19:45,720 Shopify you'll log into your Shopify 27763 18:19:43,516 --> 18:19:46,920 account and in the bottom leand corner 27764 18:19:45,720 --> 18:19:49,080 you're going to click that little 27765 18:19:46,920 --> 18:19:51,876 settings button this is going to pop up 27766 18:19:49,080 --> 18:19:55,400 your important information and here is 27767 18:19:51,876 --> 18:19:57,400 where you are going to click taxes and 27768 18:19:55,400 --> 18:19:59,400 duties so when you click taxes and 27769 18:19:57,400 --> 18:20:01,156 duties it's going to pull up pretty much 27770 18:19:59,400 --> 18:20:03,436 like all of the different countries 27771 18:20:01,156 --> 18:20:05,720 where you could collect sales tax or VAP 27772 18:20:03,436 --> 18:20:08,244 tax you're going to look for the United 27773 18:20:05,720 --> 18:20:10,960 States you'll click United States and 27774 18:20:08,244 --> 18:20:14,640 from there you're going to be given the 27775 18:20:10,960 --> 18:20:17,280 Us sales tax dashboard in order for you 27776 18:20:14,640 --> 18:20:19,280 to have liability you're going to see 27777 18:20:17,280 --> 18:20:21,960 them here so once you've made certain 27778 18:20:19,280 --> 18:20:24,556 sales certain thresholds will be met for 27779 18:20:21,960 --> 18:20:26,876 those States and Shopify will actually 27780 18:20:24,556 --> 18:20:30,920 send you a notification and say Hey you 27781 18:20:26,876 --> 18:20:32,876 actually qualify to collect sales tax in 27782 18:20:30,920 --> 18:20:34,756 these states if you're not doing a ton 27783 18:20:32,876 --> 18:20:37,756 of sales chances are you're never going 27784 18:20:34,756 --> 18:20:39,920 to have to collect sales tax on your own 27785 18:20:37,756 --> 18:20:41,876 but you absolutely can the reason that 27786 18:20:39,920 --> 18:20:44,436 you would maybe want to do this is that 27787 18:20:41,876 --> 18:20:47,756 printify is also going to charge you 27788 18:20:44,436 --> 18:20:50,156 sales tax so sales tax on that 27789 18:20:47,756 --> 18:20:52,600 production cost as well as your shipping 27790 18:20:50,156 --> 18:20:55,000 cost so when someone goes and puts an 27791 18:20:52,600 --> 18:20:57,156 order in you're going to see the 27792 18:20:55,000 --> 18:20:59,116 production cost the shipping cost as 27793 18:20:57,156 --> 18:21:01,876 well as tax and that's something that 27794 18:20:59,116 --> 18:21:04,400 you absolutely have to pay unless you 27795 18:21:01,876 --> 18:21:06,876 give printify what is called a resale 27796 18:21:04,400 --> 18:21:09,516 certificate which basically is just this 27797 18:21:06,876 --> 18:21:11,360 little legal document with your sales 27798 18:21:09,516 --> 18:21:13,516 tax number on it that is letting 27799 18:21:11,360 --> 18:21:16,556 printify know or whatever supplier 27800 18:21:13,516 --> 18:21:18,960 you're using know that hey I am all 27801 18:21:16,556 --> 18:21:21,836 already charging and collecting sales 27802 18:21:18,960 --> 18:21:24,280 tax and remitting it for myself so 27803 18:21:21,836 --> 18:21:26,436 printify then does not need to do that 27804 18:21:24,280 --> 18:21:28,836 for you there are extra Hoops to jump 27805 18:21:26,436 --> 18:21:31,680 through this way but you can save a 27806 18:21:28,836 --> 18:21:33,360 smidge on your cost of goods by doing 27807 18:21:31,680 --> 18:21:35,196 this because any taxes that you 27808 18:21:33,360 --> 18:21:37,196 collecting and remitting you're kind of 27809 18:21:35,196 --> 18:21:39,080 just like the middleman for the state if 27810 18:21:37,196 --> 18:21:42,156 that makes sense you're not paying extra 27811 18:21:39,080 --> 18:21:43,960 to printify to cover that tax liability 27812 18:21:42,156 --> 18:21:46,516 for themselves it's not really the tax 27813 18:21:43,960 --> 18:21:48,920 liability for you so the way that you 27814 18:21:46,516 --> 18:21:51,516 can go about this would be by clicking 27815 18:21:48,920 --> 18:21:53,556 this button here collect tax in regions 27816 18:21:51,516 --> 18:21:55,196 where you are liable so if you click 27817 18:21:53,556 --> 18:21:57,280 this button again there are none that 27818 18:21:55,196 --> 18:22:00,156 are required at this moment and when 27819 18:21:57,280 --> 18:22:02,600 they pop up all you have to do is submit 27820 18:22:00,156 --> 18:22:04,400 your sales tax number so you may be 27821 18:22:02,600 --> 18:22:06,280 asking how do I even go about that how 27822 18:22:04,400 --> 18:22:09,400 do I get a sales tax number what you're 27823 18:22:06,280 --> 18:22:12,156 going to want to do is basically look up 27824 18:22:09,400 --> 18:22:14,116 the state in which you're now liable to 27825 18:22:12,156 --> 18:22:17,196 collect sales tax by doing a quick 27826 18:22:14,116 --> 18:22:20,476 Google search of just apply the state 27827 18:22:17,196 --> 18:22:23,320 name and sales tax you should be able to 27828 18:22:20,476 --> 18:22:25,080 find something like this out ofate 27829 18:22:23,320 --> 18:22:26,640 sellers May register for multiple States 27830 18:22:25,080 --> 18:22:29,320 including Ohio by submitting a single 27831 18:22:26,640 --> 18:22:31,680 application through streamlined sales so 27832 18:22:29,320 --> 18:22:33,960 streamlined sales there are some states 27833 18:22:31,680 --> 18:22:35,556 that are part of this so as you see here 27834 18:22:33,960 --> 18:22:37,556 if you go and throw in this one 27835 18:22:35,556 --> 18:22:40,080 application you'll then have a number 27836 18:22:37,556 --> 18:22:42,436 that basically exempts you from or I 27837 18:22:40,080 --> 18:22:44,436 guess like allows you to collect in all 27838 18:22:42,436 --> 18:22:46,680 of these states with the same number so 27839 18:22:44,436 --> 18:22:49,244 you can knock out a lot of States pretty 27840 18:22:46,680 --> 18:22:50,796 easily but this is where you would 27841 18:22:49,244 --> 18:22:53,320 basically come and register your 27842 18:22:50,796 --> 18:22:56,400 business you would need a business 27843 18:22:53,320 --> 18:22:59,156 account an EIN as well as typically a I 27844 18:22:56,400 --> 18:23:01,400 believe you do need to add your business 27845 18:22:59,156 --> 18:23:03,116 bank account because you can then file 27846 18:23:01,400 --> 18:23:05,196 online and they'll just pull it directly 27847 18:23:03,116 --> 18:23:07,436 from that account again I highly 27848 18:23:05,196 --> 18:23:10,400 recommend talking to an accountant or a 27849 18:23:07,436 --> 18:23:13,040 bookkeeper our bookkeeper actually files 27850 18:23:10,400 --> 18:23:15,360 all of our sales tax for us but we do 27851 18:23:13,040 --> 18:23:17,400 collect sales tax I do have to say it's 27852 18:23:15,360 --> 18:23:19,244 not the most straightfor forward system 27853 18:23:17,400 --> 18:23:21,320 especially because of the fact that we 27854 18:23:19,244 --> 18:23:22,796 leave this up to the states decide and 27855 18:23:21,320 --> 18:23:25,244 every state is a little bit different in 27856 18:23:22,796 --> 18:23:27,280 the United States so it can take some 27857 18:23:25,244 --> 18:23:29,796 time but honestly Google will become 27858 18:23:27,280 --> 18:23:32,556 your best friend in these situations as 27859 18:23:29,796 --> 18:23:34,796 well as talking to an accountant even if 27860 18:23:32,556 --> 18:23:36,720 it's just somebody on up workk for small 27861 18:23:34,796 --> 18:23:38,876 fee for you to just pick their brain ask 27862 18:23:36,720 --> 18:23:41,280 some questions but Shopify has gotten 27863 18:23:38,876 --> 18:23:45,000 really good and they will notify you 27864 18:23:41,280 --> 18:23:46,876 when you actually are required by law to 27865 18:23:45,000 --> 18:23:49,400 add that number start collecting and 27866 18:23:46,876 --> 18:23:51,476 remitting sales tax Shopify will notify 27867 18:23:49,400 --> 18:23:53,360 you you'll see something pop up here it 27868 18:23:51,476 --> 18:23:55,756 should also pop up on your home 27869 18:23:53,360 --> 18:23:57,836 dashboard notifying you when you've 27870 18:23:55,756 --> 18:24:00,360 qualified and hit the threshold for 27871 18:23:57,836 --> 18:24:02,556 certain states to start collecting and 27872 18:24:00,360 --> 18:24:04,720 remitting sales tax now like we said 27873 18:24:02,556 --> 18:24:06,796 before sometimes it makes sense to just 27874 18:24:04,720 --> 18:24:08,556 right off the bat start collecting that 27875 18:24:06,796 --> 18:24:10,196 sales tax because you can actually use 27876 18:24:08,556 --> 18:24:12,156 it to your advantage when it comes to 27877 18:24:10,196 --> 18:24:14,920 the printify side of things you can save 27878 18:24:12,156 --> 18:24:16,436 a little bit in your cost of goods again 27879 18:24:14,920 --> 18:24:18,320 it doesn't have to be something that is 27880 18:24:16,436 --> 18:24:19,836 immediately done you can absolutely take 27881 18:24:18,320 --> 18:24:21,796 your time with this unless you are 27882 18:24:19,836 --> 18:24:24,280 scaling super fast and hitting that 27883 18:24:21,796 --> 18:24:26,960 threshold in certain States it shouldn't 27884 18:24:24,280 --> 18:24:29,000 really be that much of an issue once you 27885 18:24:26,960 --> 18:24:32,080 get that notification here in your 27886 18:24:29,000 --> 18:24:34,196 Shopify dashboard they'll have you click 27887 18:24:32,080 --> 18:24:36,556 on that state and all you'll have to do 27888 18:24:34,196 --> 18:24:39,360 is enter the information typically it's 27889 18:24:36,556 --> 18:24:41,960 just whatever number the state gave you 27890 18:24:39,360 --> 18:24:43,720 as your sales tax number so you update 27891 18:24:41,960 --> 18:24:45,360 that into Shopify that's enough 27892 18:24:43,720 --> 18:24:46,876 information for Shopify to say okay 27893 18:24:45,360 --> 18:24:48,360 they're collecting and committing 27894 18:24:46,876 --> 18:24:50,156 they're not just collecting the sales 27895 18:24:48,360 --> 18:24:52,920 tax and then not paying it because that 27896 18:24:50,156 --> 18:24:55,756 would be illegal and wrong but here in 27897 18:24:52,920 --> 18:24:58,756 printify if you log into your printify 27898 18:24:55,756 --> 18:25:00,876 store and go to your wallet and click 27899 18:24:58,756 --> 18:25:03,116 taxes you're going to see you can sign 27900 18:25:00,876 --> 18:25:05,920 up for taxes pretty much anywhere in the 27901 18:25:03,116 --> 18:25:08,516 United States to submit that number or 27902 18:25:05,920 --> 18:25:11,720 that resale certificate so that printify 27903 18:25:08,516 --> 18:25:14,040 will no longer charge you sales tax so 27904 18:25:11,720 --> 18:25:16,680 if you click here the USA all you'll 27905 18:25:14,040 --> 18:25:19,000 have to do is Click submit a certificate 27906 18:25:16,680 --> 18:25:21,360 it's going to pop up this Little Wizard 27907 18:25:19,000 --> 18:25:24,080 you will just click the states in which 27908 18:25:21,360 --> 18:25:26,320 you have resale certificates in or sales 27909 18:25:24,080 --> 18:25:28,196 tax numbers and from there you'll fill 27910 18:25:26,320 --> 18:25:30,960 out that quick information you'll throw 27911 18:25:28,196 --> 18:25:33,040 in that number and once you hit submit 27912 18:25:30,960 --> 18:25:35,196 everything should very easily go through 27913 18:25:33,040 --> 18:25:37,400 printify has really streamed this 27914 18:25:35,196 --> 18:25:39,320 process a lot and unless there's an 27915 18:25:37,400 --> 18:25:41,436 issue they will send you an email and 27916 18:25:39,320 --> 18:25:43,000 notify you about that but typically once 27917 18:25:41,436 --> 18:25:46,320 they have the number you're pretty much 27918 18:25:43,000 --> 18:25:48,320 good to go you can always talk to a 27919 18:25:46,320 --> 18:25:49,960 customer service representative down 27920 18:25:48,320 --> 18:25:51,476 here in the bottom left corner and 27921 18:25:49,960 --> 18:25:54,600 they're pretty good at answering those 27922 18:25:51,476 --> 18:25:56,400 questions in regards to sales tax as 27923 18:25:54,600 --> 18:25:58,320 well another question that we get asked 27924 18:25:56,400 --> 18:26:00,516 is do you have to immediately start 27925 18:25:58,320 --> 18:26:02,556 collecting sales tax we would say 27926 18:26:00,516 --> 18:26:04,116 absolutely not it actually took us a 27927 18:26:02,556 --> 18:26:07,400 little while until we got that first 27928 18:26:04,116 --> 18:26:09,196 notification from Shopify to start 27929 18:26:07,400 --> 18:26:11,400 actually applying for resale 27930 18:26:09,196 --> 18:26:14,244 certificates and applying to collect and 27931 18:26:11,400 --> 18:26:15,796 remit sales tax with those States so 27932 18:26:14,244 --> 18:26:18,080 it's not something that needs to be set 27933 18:26:15,796 --> 18:26:20,400 up like I would say a business account 27934 18:26:18,080 --> 18:26:22,116 or getting like your LLC anything like 27935 18:26:20,400 --> 18:26:24,640 that those are things that you probably 27936 18:26:22,116 --> 18:26:27,360 want done earlier on in the process of 27937 18:26:24,640 --> 18:26:29,680 things but as far as sales tax until you 27938 18:26:27,360 --> 18:26:32,000 hit that threshold legally you don't 27939 18:26:29,680 --> 18:26:35,116 have to again it's whatever your 27940 18:26:32,000 --> 18:26:37,920 preferences and again talking to a tax 27941 18:26:35,116 --> 18:26:39,600 expert in the state that you currently 27942 18:26:37,920 --> 18:26:42,116 live they're going to be the best and 27943 18:26:39,600 --> 18:26:44,436 they're up to date on all laws and 27944 18:26:42,116 --> 18:26:45,920 requirements regarding these things I 27945 18:26:44,436 --> 18:26:48,116 know that there are applications out 27946 18:26:45,920 --> 18:26:50,040 there I would always be careful with the 27947 18:26:48,116 --> 18:26:52,556 applications and really do your research 27948 18:26:50,040 --> 18:26:54,876 on them they tend to be very very 27949 18:26:52,556 --> 18:26:56,796 expensive so we actually have our 27950 18:26:54,876 --> 18:26:59,756 bookkeeper who keeps track of all of our 27951 18:26:56,796 --> 18:27:02,436 sales taxs and she remits and files for 27952 18:26:59,756 --> 18:27:04,796 us which is amazing and has taken a huge 27953 18:27:02,436 --> 18:27:07,556 load off of our shoulders but always 27954 18:27:04,796 --> 18:27:09,360 always talk to The Experts and always do 27955 18:27:07,556 --> 18:27:11,920 your research especially when it comes 27956 18:27:09,360 --> 18:27:16,400 to setting up any sort of application in 27957 18:27:11,920 --> 18:27:19,436 regards to this as far as Canada and 27958 18:27:16,400 --> 18:27:22,116 like the EU it's a little bit trickier 27959 18:27:19,436 --> 18:27:24,640 again I feel pretty Rock Solid on the US 27960 18:27:22,116 --> 18:27:27,556 sales tax as far as that it gets a 27961 18:27:24,640 --> 18:27:30,244 little confusing so if you are trying to 27962 18:27:27,556 --> 18:27:32,280 sell in those areas or you live in those 27963 18:27:30,244 --> 18:27:35,000 areas and want to sell in your home 27964 18:27:32,280 --> 18:27:37,196 country I would contact a local tax 27965 18:27:35,000 --> 18:27:39,244 expert in your country as well and 27966 18:27:37,196 --> 18:27:40,836 figure out the best way to go about this 27967 18:27:39,244 --> 18:27:43,876 but I hope that you guys found this 27968 18:27:40,836 --> 18:27:46,400 helpful and this helps to clear up and 27969 18:27:43,876 --> 18:27:47,756 answer some of those immediate questions 27970 18:27:46,400 --> 18:27:49,960 like if you have to have this right off 27971 18:27:47,756 --> 18:27:49,960 the 27972 18:27:52,580 --> 18:27:57,369 [Music] 27973 18:27:59,720 --> 18:28:05,080 bat in this module our goal is to take 27974 18:28:02,920 --> 18:28:07,796 our already existing brand that is 27975 18:28:05,080 --> 18:28:12,320 consistently doing one to Turning $1 27976 18:28:07,796 --> 18:28:14,320 into three to4 uh in return to ramp that 27977 18:28:12,320 --> 18:28:16,476 up and answer the question of how do we 27978 18:28:14,320 --> 18:28:20,080 put in a million dollars and get $3 to 27979 18:28:16,476 --> 18:28:22,000 $4 million back and our goal is BAS 27980 18:28:20,080 --> 18:28:25,080 basically to increase the volume that 27981 18:28:22,000 --> 18:28:27,040 we're consistently doing uh at the same 27982 18:28:25,080 --> 18:28:28,680 rate of return if not better and 27983 18:28:27,040 --> 18:28:30,960 everything up until now has been 27984 18:28:28,680 --> 18:28:33,320 basically laying out the foundation for 27985 18:28:30,960 --> 18:28:35,556 this module and this is the the question 27986 18:28:33,320 --> 18:28:37,796 that we get a lot which is like how do 27987 18:28:35,556 --> 18:28:39,876 we ramp things up how do we you know how 27988 18:28:37,796 --> 18:28:42,280 do we scale to seven figures and the 27989 18:28:39,876 --> 18:28:45,360 real answer to this is just like if 27990 18:28:42,280 --> 18:28:46,476 you've done modules 1 through 8 like 3 27991 18:28:45,360 --> 18:28:48,320 through 8 cuz that's that's like the 27992 18:28:46,476 --> 18:28:51,196 actual business related stuff if you've 27993 18:28:48,320 --> 18:28:54,756 done that really well then module 9 27994 18:28:51,196 --> 18:28:57,400 scaling up becomes like 10 times easier 27995 18:28:54,756 --> 18:28:59,920 uh and not just easier to to accomplish 27996 18:28:57,400 --> 18:29:01,720 but more sustainable and this is 27997 18:28:59,920 --> 18:29:03,360 obviously where the real money is made 27998 18:29:01,720 --> 18:29:05,516 if you're doing like the point that I 27999 18:29:03,360 --> 18:29:07,836 recommend starting this module is once 28000 18:29:05,516 --> 18:29:09,720 you're doing like 10K a month in 28001 18:29:07,836 --> 18:29:11,756 consistent sales and profit that's when 28002 18:29:09,720 --> 18:29:13,600 I would recommend starting to Branch out 28003 18:29:11,756 --> 18:29:16,720 into different ways to like start to 28004 18:29:13,600 --> 18:29:17,640 ramp up your uh your different LEL and 28005 18:29:16,720 --> 18:29:19,080 that's exactly what we're going to be 28006 18:29:17,640 --> 18:29:20,960 covering is what are the different 28007 18:29:19,080 --> 18:29:23,156 levers that we have to pull what's the 28008 18:29:20,960 --> 18:29:25,040 order in which we should be pulling them 28009 18:29:23,156 --> 18:29:26,556 and we're going to be explaining all of 28010 18:29:25,040 --> 18:29:28,436 them even the ones that I don't 28011 18:29:26,556 --> 18:29:31,476 personally lean into just because it 28012 18:29:28,436 --> 18:29:33,436 ends up taking a lot more time than what 28013 18:29:31,476 --> 18:29:35,920 I'm looking to invest into these Brands 28014 18:29:33,436 --> 18:29:37,280 but laying I've done all of them at one 28015 18:29:35,920 --> 18:29:39,040 point or another so I'm going to lay 28016 18:29:37,280 --> 18:29:40,920 them all out for you and let you pick 28017 18:29:39,040 --> 18:29:43,720 and choose while I give my own 28018 18:29:40,920 --> 18:29:45,960 commentary commentary as always on which 28019 18:29:43,720 --> 18:29:47,436 ones I recommend most and like I said 28020 18:29:45,960 --> 18:29:49,516 laying out the foundations everything up 28021 18:29:47,436 --> 18:29:52,116 until this point was honestly the hard 28022 18:29:49,516 --> 18:29:55,280 part scaling things up is certain pieces 28023 18:29:52,116 --> 18:29:57,156 of it is the the easier and in my 28024 18:29:55,280 --> 18:29:58,320 opinion the fun part so first off we're 28025 18:29:57,156 --> 18:29:59,796 going to be talking about how to scale 28026 18:29:58,320 --> 18:30:02,116 paid ads which is this is going to 28027 18:29:59,796 --> 18:30:05,080 Center primarily around your Facebook 28028 18:30:02,116 --> 18:30:06,556 and Instagram marketing strategies and 28029 18:30:05,080 --> 18:30:09,244 this is my bread and butter this is what 28030 18:30:06,556 --> 18:30:11,244 I've done by far the most and it's the 28031 18:30:09,244 --> 18:30:13,156 most consistent and you can scale to 28032 18:30:11,244 --> 18:30:15,156 seven figures a year multiple seven 28033 18:30:13,156 --> 18:30:16,756 figures a year just scaling your paid 28034 18:30:15,156 --> 18:30:18,476 ads alone and we're going to also talk 28035 18:30:16,756 --> 18:30:20,080 about different traffic channels how 28036 18:30:18,476 --> 18:30:21,436 like outside of just Facebook and 28037 18:30:20,080 --> 18:30:22,920 Instagram what are the different 28038 18:30:21,436 --> 18:30:24,756 channels available to you what's the 28039 18:30:22,920 --> 18:30:27,600 order that I would recommend approaching 28040 18:30:24,756 --> 18:30:29,640 them touching on like Tik Tok X formerly 28041 18:30:27,600 --> 18:30:31,244 known as Twitter like Google marketing 28042 18:30:29,640 --> 18:30:32,476 which we've set that up but we've 28043 18:30:31,244 --> 18:30:33,556 touched on that already like what are 28044 18:30:32,476 --> 18:30:35,960 the different channels that you should 28045 18:30:33,556 --> 18:30:38,116 get into and uh yeah how how to Loop 28046 18:30:35,960 --> 18:30:40,476 that in and increase so that you're not 28047 18:30:38,116 --> 18:30:42,116 so reliant on just Facebook's traffic 28048 18:30:40,476 --> 18:30:44,156 there Facebook alone as I've talked 28049 18:30:42,116 --> 18:30:46,000 about in a lot of other settings when 28050 18:30:44,156 --> 18:30:47,796 you're just dependent on Facebook it's 28051 18:30:46,000 --> 18:30:48,720 can be kind of a recipe for disaster 28052 18:30:47,796 --> 18:30:51,080 then next we're going to be talking 28053 18:30:48,720 --> 18:30:52,680 about scaling marketplaces which we 28054 18:30:51,080 --> 18:30:54,640 specifically talked about why we started 28055 18:30:52,680 --> 18:30:57,680 on Shopify first but there's still some 28056 18:30:54,640 --> 18:30:59,876 benefits to uh being on marketplaces 28057 18:30:57,680 --> 18:31:02,720 especially once you have an established 28058 18:30:59,876 --> 18:31:04,600 brand that people are aware of and 28059 18:31:02,720 --> 18:31:06,320 there's some Shoppers that will like go 28060 18:31:04,600 --> 18:31:07,876 and search for your brand on their 28061 18:31:06,320 --> 18:31:09,720 favorite marketplaces like there's some 28062 18:31:07,876 --> 18:31:11,000 Shoppers who like they use Facebook they 28063 18:31:09,720 --> 18:31:13,876 get hit with your ads they like your 28064 18:31:11,000 --> 18:31:16,080 products but they just are Etsy Shoppers 28065 18:31:13,876 --> 18:31:17,920 or they're just Amazon Shoppers like 28066 18:31:16,080 --> 18:31:20,196 they pay for Amazon Prime and they just 28067 18:31:17,920 --> 18:31:21,920 want to you know buy everything that 28068 18:31:20,196 --> 18:31:23,400 they buy off of Amazon so they go and 28069 18:31:21,920 --> 18:31:24,640 search for you are you going to show up 28070 18:31:23,400 --> 18:31:26,836 there this module is going to show you 28071 18:31:24,640 --> 18:31:29,680 how to do that Lesson Four is our 28072 18:31:26,836 --> 18:31:31,360 customer LTV scaling and that's basic we 28073 18:31:29,680 --> 18:31:33,040 talked about how we increase the 28074 18:31:31,360 --> 18:31:34,720 customer acquisition or decrease our 28075 18:31:33,040 --> 18:31:36,516 customer acquisition cost increase our 28076 18:31:34,720 --> 18:31:38,040 average order value but then the most 28077 18:31:36,516 --> 18:31:40,156 important piece piece he gets talked 28078 18:31:38,040 --> 18:31:42,156 about probably the least is how do we 28079 18:31:40,156 --> 18:31:44,080 maximize or scale the value of our 28080 18:31:42,156 --> 18:31:46,280 customers over their lifetime and lesson 28081 18:31:44,080 --> 18:31:47,476 five is product catalog scaling so so 28082 18:31:46,280 --> 18:31:49,516 that's where we're going to talk about 28083 18:31:47,476 --> 18:31:51,756 after you've already dominated like the 28084 18:31:49,516 --> 18:31:53,516 T-shirt Market uh or whatever initial 28085 18:31:51,756 --> 18:31:55,436 product you launch with how like what 28086 18:31:53,516 --> 18:31:57,244 are the ways you can expand beyond that 28087 18:31:55,436 --> 18:31:59,080 like this is what exactly what we did 28088 18:31:57,244 --> 18:32:00,600 with yoga stay we reached a certain 28089 18:31:59,080 --> 18:32:02,876 sales threshold where it felt like we 28090 18:32:00,600 --> 18:32:04,720 kind of capped out we saw a lot of 28091 18:32:02,876 --> 18:32:07,280 promise or possibility with other 28092 18:32:04,720 --> 18:32:10,320 product like verticals such as like yoga 28093 18:32:07,280 --> 18:32:12,400 mats and yoga pants so what were the 28094 18:32:10,320 --> 18:32:14,280 ways that we were able to Branch out and 28095 18:32:12,400 --> 18:32:16,080 and that one really comes down to like 28096 18:32:14,280 --> 18:32:18,920 our your fulfillment like your 28097 18:32:16,080 --> 18:32:20,196 fulfillment expansion like how are you 28098 18:32:18,920 --> 18:32:21,720 like what does your supply chain look 28099 18:32:20,196 --> 18:32:23,516 like that's really a lot of what the 28100 18:32:21,720 --> 18:32:24,836 product catalog scaling comes down to 28101 18:32:23,516 --> 18:32:26,960 but we're going to talk about that as 28102 18:32:24,836 --> 18:32:28,836 well and lesson six is International 28103 18:32:26,960 --> 18:32:30,920 Market expansion which that's where you 28104 18:32:28,836 --> 18:32:33,360 start selling to basically if something 28105 18:32:30,920 --> 18:32:35,360 is working in the US how can you quickly 28106 18:32:33,360 --> 18:32:37,476 expand your reach to International 28107 18:32:35,360 --> 18:32:38,796 countries probably the one that I would 28108 18:32:37,476 --> 18:32:40,476 recommend doing I probably should have 28109 18:32:38,796 --> 18:32:44,000 reordered these the order that I would 28110 18:32:40,476 --> 18:32:47,000 go do these in is lesson one lesson one 28111 18:32:44,000 --> 18:32:49,156 lesson six 4 and yeah just with those 28112 18:32:47,000 --> 18:32:50,876 alone cuz lesson one and six actually go 28113 18:32:49,156 --> 18:32:53,116 kind of hand inand it's like just making 28114 18:32:50,876 --> 18:32:54,116 some tweaks in your Shopify store and 28115 18:32:53,116 --> 18:32:55,836 you're able to start selling 28116 18:32:54,116 --> 18:32:57,600 internationally if you're using printy 28117 18:32:55,836 --> 18:32:59,244 if you're using like printful or like a 28118 18:32:57,600 --> 18:33:01,436 different supplier I can't really help 28119 18:32:59,244 --> 18:33:03,156 you as much uh but that's what we're 28120 18:33:01,436 --> 18:33:04,756 going to talk about in lesson seven 28121 18:33:03,156 --> 18:33:06,436 which is scaling your supply chain what 28122 18:33:04,756 --> 18:33:07,756 are the different options I've gotten a 28123 18:33:06,436 --> 18:33:09,000 lot of questions about this already like 28124 18:33:07,756 --> 18:33:10,320 print on demand costs are really 28125 18:33:09,000 --> 18:33:13,156 expensive like what are the other 28126 18:33:10,320 --> 18:33:14,640 options out there and I've dealt with 28127 18:33:13,156 --> 18:33:17,280 those different scenarios so I can talk 28128 18:33:14,640 --> 18:33:18,720 to the talk to the those points tldrs I 28129 18:33:17,280 --> 18:33:20,920 recommend staying with a print on demand 28130 18:33:18,720 --> 18:33:23,756 supplier until you're like really ready 28131 18:33:20,920 --> 18:33:25,516 to jump into the next level like 28132 18:33:23,756 --> 18:33:27,600 absolutely be doing this like on a 28133 18:33:25,516 --> 18:33:29,360 full-time basis before you even consider 28134 18:33:27,600 --> 18:33:31,000 anything with that and why is this 28135 18:33:29,360 --> 18:33:32,796 important well one this is where the 28136 18:33:31,000 --> 18:33:34,436 real money is made and this is going to 28137 18:33:32,796 --> 18:33:35,720 give you the tools and the framework to 28138 18:33:34,436 --> 18:33:38,040 not just scale your print on man 28139 18:33:35,720 --> 18:33:40,640 business but any business really because 28140 18:33:38,040 --> 18:33:43,080 like increasing like any business can be 28141 18:33:40,640 --> 18:33:44,756 scaled in like the same ways it's like 28142 18:33:43,080 --> 18:33:47,244 either get more customers make those 28143 18:33:44,756 --> 18:33:49,796 customers worth more or decrease the 28144 18:33:47,244 --> 18:33:51,680 cost of like what it takes to fulfill 28145 18:33:49,796 --> 18:33:54,116 for that customer those are basically 28146 18:33:51,680 --> 18:33:55,476 the only ways and if we go back if we go 28147 18:33:54,116 --> 18:33:57,360 scaling paid ads is getting more 28148 18:33:55,476 --> 18:33:59,244 customers scaling traffic channels 28149 18:33:57,360 --> 18:34:01,436 getting more customers marketplaces more 28150 18:33:59,244 --> 18:34:03,116 customers customer LTV is making your 28151 18:34:01,436 --> 18:34:05,556 customers worth more product catalog 28152 18:34:03,116 --> 18:34:07,476 scaling that one's kind of uh getting 28153 18:34:05,556 --> 18:34:08,476 more customers well it's also making 28154 18:34:07,476 --> 18:34:09,920 your customers worth more because 28155 18:34:08,476 --> 18:34:11,756 there's more options for them to buy and 28156 18:34:09,920 --> 18:34:13,476 then International expansion that's also 28157 18:34:11,756 --> 18:34:15,756 just getting more customers and scaling 28158 18:34:13,476 --> 18:34:17,196 supply chain is decreasing the cost of 28159 18:34:15,756 --> 18:34:19,600 what it takes to fill for those 28160 18:34:17,196 --> 18:34:21,680 customers so they all fall under those 28161 18:34:19,600 --> 18:34:23,556 three same buckets and you can 28162 18:34:21,680 --> 18:34:25,400 definitely reach3 to four million do a 28163 18:34:23,556 --> 18:34:27,116 year doing just what we're going to 28164 18:34:25,400 --> 18:34:28,920 cover in this module I can speak to that 28165 18:34:27,116 --> 18:34:31,000 cuz I've personally done it I can't say 28166 18:34:28,920 --> 18:34:32,680 like for the eight figure a year level 28167 18:34:31,000 --> 18:34:34,360 but hopefully if you're you've gotten 28168 18:34:32,680 --> 18:34:36,320 this far in the course you're you're 28169 18:34:34,360 --> 18:34:38,280 shooting for 3 to four million a year 28170 18:34:36,320 --> 18:34:39,280 beyond that uh hopefully once you get to 28171 18:34:38,280 --> 18:34:40,516 that point I'll be at the eight 28172 18:34:39,280 --> 18:34:42,244 figureure year mark and then I can teach 28173 18:34:40,516 --> 18:34:44,116 you about it but honestly this is the 28174 18:34:42,244 --> 18:34:46,720 module that lets you quit your 9 to-5 28175 18:34:44,116 --> 18:34:47,960 job and really just go all in a few 28176 18:34:46,720 --> 18:34:49,196 things to watch out for as you're 28177 18:34:47,960 --> 18:34:50,556 approaching this is that the tallest 28178 18:34:49,196 --> 18:34:53,756 buildings require the strongest 28179 18:34:50,556 --> 18:34:57,040 foundation so do not fall into the Trap 28180 18:34:53,756 --> 18:35:00,156 that I did and start scaling things up 28181 18:34:57,040 --> 18:35:02,476 on a bed of sand so if you do that then 28182 18:35:00,156 --> 18:35:04,000 you might build it high to a certain 28183 18:35:02,476 --> 18:35:05,836 extent but it's always going to come 28184 18:35:04,000 --> 18:35:08,196 crashing back down at some point so 28185 18:35:05,836 --> 18:35:10,196 don't scale uh too early unless you're 28186 18:35:08,196 --> 18:35:12,400 supply chain customer service all your 28187 18:35:10,196 --> 18:35:14,196 systems and like infrastructure is able 28188 18:35:12,400 --> 18:35:16,556 to handle that scale and a good thought 28189 18:35:14,196 --> 18:35:19,516 exercise for this is to to ask yourself 28190 18:35:16,556 --> 18:35:21,360 like if I was to bring in like 100x the 28191 18:35:19,516 --> 18:35:22,400 number of customers starting tomorrow 28192 18:35:21,360 --> 18:35:24,116 what would be the first thing to break 28193 18:35:22,400 --> 18:35:26,556 in my company like what would go 28194 18:35:24,116 --> 18:35:28,436 downhill and if if you only have like 28195 18:35:26,556 --> 18:35:29,796 one customer right now then it's pretty 28196 18:35:28,436 --> 18:35:31,436 easy thought experiment but if you're at 28197 18:35:29,796 --> 18:35:33,436 like you know 1 th000 orders a month 28198 18:35:31,436 --> 18:35:35,836 like what would that look like if you 28199 18:35:33,436 --> 18:35:37,116 know you increase that to 100,000 orders 28200 18:35:35,836 --> 18:35:39,320 even though you're not going to hit that 28201 18:35:37,116 --> 18:35:41,436 point like immediately that's a good way 28202 18:35:39,320 --> 18:35:43,080 to Think Through like how to systematize 28203 18:35:41,436 --> 18:35:44,720 things and like really become ready for 28204 18:35:43,080 --> 18:35:46,640 scale cuz I can say from personal 28205 18:35:44,720 --> 18:35:48,476 experience every time scaled early on 28206 18:35:46,640 --> 18:35:51,960 when we were not ready we would just 28207 18:35:48,476 --> 18:35:53,796 crank ad spend like doing like 100k days 28208 18:35:51,960 --> 18:35:56,080 which sounds awesome but it's really not 28209 18:35:53,796 --> 18:35:58,080 awesome when you don't have the customer 28210 18:35:56,080 --> 18:35:59,796 service team in place to handle those 28211 18:35:58,080 --> 18:36:01,360 types of requests you don't have like 28212 18:35:59,796 --> 18:36:04,280 your fulfillment lined up you're not 28213 18:36:01,360 --> 18:36:06,116 like actively monitoring basically not 28214 18:36:04,280 --> 18:36:08,116 having gone through module 8 pretty 28215 18:36:06,116 --> 18:36:09,476 pretty good way to put it we had not 28216 18:36:08,116 --> 18:36:11,116 done any of the stuff that we talked 28217 18:36:09,476 --> 18:36:13,516 about in module 8 we were not monitoring 28218 18:36:11,116 --> 18:36:15,556 financials we were just ramping scaling 28219 18:36:13,516 --> 18:36:18,640 seeing Shopify sales come in we're like 28220 18:36:15,556 --> 18:36:20,156 like cool and that's you know when 28221 18:36:18,640 --> 18:36:22,876 everything hits the fan you end up with 28222 18:36:20,156 --> 18:36:26,196 charge back chargebacks and returns out 28223 18:36:22,876 --> 18:36:28,000 the wazo and uh yeah it's everybody 28224 18:36:26,196 --> 18:36:29,436 talks about scaling but you really in 28225 18:36:28,000 --> 18:36:31,080 order to do it you just have to do the 28226 18:36:29,436 --> 18:36:33,244 work leading up to it and then the 28227 18:36:31,080 --> 18:36:35,320 actual scaling itself is the easy part 28228 18:36:33,244 --> 18:36:36,796 and a words of the wise that I've 28229 18:36:35,320 --> 18:36:38,920 already talked about in this video and 28230 18:36:36,796 --> 18:36:41,000 lots of other times but if you're solely 28231 18:36:38,920 --> 18:36:42,244 relying on just Facebook or even just 28232 18:36:41,000 --> 18:36:44,640 one channel in general doesn't matter if 28233 18:36:42,244 --> 18:36:47,876 it's Facebook replace the word Facebook 28234 18:36:44,640 --> 18:36:50,040 with you know Instagram Tik Tok Twitter 28235 18:36:47,876 --> 18:36:52,680 any of those if you're just just relying 28236 18:36:50,040 --> 18:36:54,360 on that then you are asking for like 28237 18:36:52,680 --> 18:36:55,796 something like a disaster to happen 28238 18:36:54,360 --> 18:36:58,600 you're asking for your ad account to get 28239 18:36:55,796 --> 18:37:00,680 banned same as you know the reason why I 28240 18:36:58,600 --> 18:37:02,640 don't say why I recommend again starting 28241 18:37:00,680 --> 18:37:05,040 like an Etsy or an Amazon business is 28242 18:37:02,640 --> 18:37:06,516 because it all it takes is one band like 28243 18:37:05,040 --> 18:37:07,796 your Etsy account to get shut down and 28244 18:37:06,516 --> 18:37:09,960 there goes your entire business 28245 18:37:07,796 --> 18:37:12,360 overnight now the difference is like 28246 18:37:09,960 --> 18:37:13,920 with Facebook you can just like we 28247 18:37:12,360 --> 18:37:15,196 talked about there's ways to spin up 28248 18:37:13,920 --> 18:37:17,000 different accounts to get the ads back 28249 18:37:15,196 --> 18:37:18,600 on but there's a big down period 28250 18:37:17,000 --> 18:37:20,516 involved with that fortunately you still 28251 18:37:18,600 --> 18:37:22,116 have your customer list and stuff but we 28252 18:37:20,516 --> 18:37:24,436 really want to decrease the percentage 28253 18:37:22,116 --> 18:37:26,080 of our Revenue over time like over 28254 18:37:24,436 --> 18:37:28,516 months and years percentage of our 28255 18:37:26,080 --> 18:37:30,516 Revenue that's dep dependent on just one 28256 18:37:28,516 --> 18:37:34,080 channel and diversify it as much as 28257 18:37:30,516 --> 18:37:37,000 possible for one like more consistent 28258 18:37:34,080 --> 18:37:38,756 sales less spikes and dips but also 28259 18:37:37,000 --> 18:37:40,796 because it makes it a much more valuable 28260 18:37:38,756 --> 18:37:42,720 and sellable asset so there you have it 28261 18:37:40,796 --> 18:37:45,960 welcome to the scaling module let's get 28262 18:37:42,720 --> 18:37:45,960 into it 28263 18:37:46,860 --> 18:37:55,244 [Music] 28264 18:37:53,960 --> 18:37:57,320 in this lesson we're going to be talking 28265 18:37:55,244 --> 18:37:59,960 about how to scale your paid ad 28266 18:37:57,320 --> 18:38:02,920 campaigns specifically your Facebook and 28267 18:37:59,960 --> 18:38:05,196 Instagram ads and this has been my tool 28268 18:38:02,920 --> 18:38:07,516 of choice for growing our Shopify Brands 28269 18:38:05,196 --> 18:38:09,756 to seven and multiple seven figures a 28270 18:38:07,516 --> 18:38:11,756 year cuz it's just honestly it's pretty 28271 18:38:09,756 --> 18:38:13,796 simple once you've done all of the hard 28272 18:38:11,756 --> 18:38:15,476 Parts leading up to this so looking at 28273 18:38:13,796 --> 18:38:17,516 the mirror board here the direct 28274 18:38:15,476 --> 18:38:18,876 consumer marketing board Maps out the 28275 18:38:17,516 --> 18:38:21,920 process we've looked at this a couple 28276 18:38:18,876 --> 18:38:23,796 times but the question that I get asked 28277 18:38:21,920 --> 18:38:25,920 by far the most is how do I scale my ads 28278 18:38:23,796 --> 18:38:28,960 like how do I ramp up ad spend how do I 28279 18:38:25,920 --> 18:38:30,800 start spending a th000 $110,000 per day 28280 18:38:28,960 --> 18:38:34,760 and that's like really what everybody 28281 18:38:30,800 --> 18:38:36,872 wants to hear and I always tell them or 28282 18:38:34,760 --> 18:38:38,360 I used to just start telling them well 28283 18:38:36,872 --> 18:38:39,552 you just increase your budgets like you 28284 18:38:38,360 --> 18:38:42,120 do this stuff that we're going to learn 28285 18:38:39,552 --> 18:38:43,960 here but the real answer is it starts 28286 18:38:42,120 --> 18:38:46,320 way back here it starts with your site 28287 18:38:43,960 --> 18:38:48,600 optimization and then your email email 28288 18:38:46,320 --> 18:38:51,000 and having all your marketing assets 28289 18:38:48,600 --> 18:38:52,872 together like your ad creatives and then 28290 18:38:51,000 --> 18:38:54,720 having your campaign set up the correct 28291 18:38:52,872 --> 18:38:57,192 way understanding how to read the 28292 18:38:54,720 --> 18:38:59,360 analytics and figure out what's working 28293 18:38:57,192 --> 18:39:01,280 and what's not in your ad account then 28294 18:38:59,360 --> 18:39:02,640 finally once you get to the point of 28295 18:39:01,280 --> 18:39:04,480 putting in a dollar getting three to$ 28296 18:39:02,640 --> 18:39:05,960 four dollars back that's where we can 28297 18:39:04,480 --> 18:39:07,320 really start talking about how to scale 28298 18:39:05,960 --> 18:39:09,480 so I just want to lay that out first 28299 18:39:07,320 --> 18:39:11,240 that the scaling is the easy part once 28300 18:39:09,480 --> 18:39:13,040 you've done everything else correctly 28301 18:39:11,240 --> 18:39:15,512 and I made this mirror board like a year 28302 18:39:13,040 --> 18:39:17,960 or two ago back when Facebook was on a 28303 18:39:15,512 --> 18:39:19,552 lot more complicated nowadays my scaling 28304 18:39:17,960 --> 18:39:21,240 strategy is we're going to talk about 28305 18:39:19,552 --> 18:39:22,960 the intricacies but to not over 28306 18:39:21,240 --> 18:39:25,680 complicate things I increase the budgets 28307 18:39:22,960 --> 18:39:27,800 by 15 to 20% every 2 to 3 days you can 28308 18:39:25,680 --> 18:39:30,192 see here I do it mostly on Tuesdays 28309 18:39:27,800 --> 18:39:32,400 Thursdays and Saturdays and at the same 28310 18:39:30,192 --> 18:39:34,920 time I'm decreasing the budgets on the 28311 18:39:32,400 --> 18:39:36,960 losing ad sets and campaigns which 15 28312 18:39:34,920 --> 18:39:38,720 20% bump doesn't sound like a whole lot 28313 18:39:36,960 --> 18:39:40,400 but it really compounds quickly if 28314 18:39:38,720 --> 18:39:42,832 you're doing that consistently and the 28315 18:39:40,400 --> 18:39:44,480 reason we do 15 to 20% is that's a small 28316 18:39:42,832 --> 18:39:46,120 enough amount that it doesn't knock our 28317 18:39:44,480 --> 18:39:48,440 adsets and our campaigns out of the 28318 18:39:46,120 --> 18:39:50,040 learning pH or out of the active like 28319 18:39:48,440 --> 18:39:51,512 running phase it doesn't knock them out 28320 18:39:50,040 --> 18:39:53,192 of that back into the learning phase 28321 18:39:51,512 --> 18:39:55,920 that's the worst thing we could do if we 28322 18:39:53,192 --> 18:39:57,360 were to just ramp up our budgets by 100% 28323 18:39:55,920 --> 18:39:59,640 then they would definitely go out of 28324 18:39:57,360 --> 18:40:02,000 that and bring it back a step like 28325 18:39:59,640 --> 18:40:03,680 scaling in general the basic idea is 28326 18:40:02,000 --> 18:40:06,240 like all right I have something that I'm 28327 18:40:03,680 --> 18:40:07,760 spending A1 getting $300 back now I'm 28328 18:40:06,240 --> 18:40:09,920 just going to spend a million get 3 28329 18:40:07,760 --> 18:40:12,320 million back I wish it was that simple 28330 18:40:09,920 --> 18:40:14,920 but it's just not cuz as you increase in 28331 18:40:12,320 --> 18:40:16,680 scale you almost always see a dip in the 28332 18:40:14,920 --> 18:40:18,480 return so the strategies we're going to 28333 18:40:16,680 --> 18:40:21,240 talk about is how we can mitigate that 28334 18:40:18,480 --> 18:40:23,600 dip in return as we ramp up our spend 28335 18:40:21,240 --> 18:40:26,320 and one such way is by keeping our 28336 18:40:23,600 --> 18:40:29,192 budget increases to a minimum of 15 to 28337 18:40:26,320 --> 18:40:30,680 20% keeping it to a maximum of 15 to 20% 28338 18:40:29,192 --> 18:40:33,040 so we don't knock it out of the learning 28339 18:40:30,680 --> 18:40:34,920 phase so that's vertical scale vertical 28340 18:40:33,040 --> 18:40:36,960 scale is just increasing the amount out 28341 18:40:34,920 --> 18:40:39,120 of each individual campaign then 28342 18:40:36,960 --> 18:40:41,640 horizontal scale is exactly like it 28343 18:40:39,120 --> 18:40:44,000 sounds you're going wider so you're 28344 18:40:41,640 --> 18:40:46,320 launching more campaigns using different 28345 18:40:44,000 --> 18:40:48,192 objectives like manual bids and you're 28346 18:40:46,320 --> 18:40:49,872 testing a bunch of different audiences 28347 18:40:48,192 --> 18:40:51,240 not like we used to not like all the 28348 18:40:49,872 --> 18:40:53,280 different interests and stuff but like 28349 18:40:51,240 --> 18:40:55,600 uploading your data feeds from like 28350 18:40:53,280 --> 18:40:57,680 Shopify audiences into your Facebook ad 28351 18:40:55,600 --> 18:40:59,120 account and using that to create local 28352 18:40:57,680 --> 18:41:01,192 likes for horizontal scaling you're 28353 18:40:59,120 --> 18:41:03,080 basically just doing a lot more of what 28354 18:41:01,192 --> 18:41:05,440 you're already doing and as you start to 28355 18:41:03,080 --> 18:41:06,400 ramp up vertically and horizontally one 28356 18:41:05,440 --> 18:41:08,240 of the things you're going to start to 28357 18:41:06,400 --> 18:41:09,872 notice is that your frequency which is 28358 18:41:08,240 --> 18:41:11,160 this number to the far right this is the 28359 18:41:09,872 --> 18:41:13,040 number the metric that you really want 28360 18:41:11,160 --> 18:41:15,192 to be watching as you start to scale up 28361 18:41:13,040 --> 18:41:18,120 cuz this is the average number of times 28362 18:41:15,192 --> 18:41:19,832 s that a person has seen your ads and 28363 18:41:18,120 --> 18:41:20,960 once this number starts to get up too 28364 18:41:19,832 --> 18:41:22,832 high you'll notice that your 28365 18:41:20,960 --> 18:41:24,800 clickthrough rate starts to drop cuz 28366 18:41:22,832 --> 18:41:25,960 people are just getting bombarded and 28367 18:41:24,800 --> 18:41:27,360 click the rate starts to drop which 28368 18:41:25,960 --> 18:41:28,440 means your ca per click goes up and 28369 18:41:27,360 --> 18:41:29,960 that's where you get the dip in 28370 18:41:28,440 --> 18:41:32,600 performance but one of the ways to fight 28371 18:41:29,960 --> 18:41:35,160 against that is to be constantly testing 28372 18:41:32,600 --> 18:41:36,680 a bunch of new creative like the top 28373 18:41:35,160 --> 18:41:39,512 this was a stat that I heard from Alex 28374 18:41:36,680 --> 18:41:42,680 her Moi that he heard from somebody but 28375 18:41:39,512 --> 18:41:44,552 the top 1% of advertisers on The Meta 28376 18:41:42,680 --> 18:41:46,760 platform the biggest difference between 28377 18:41:44,552 --> 18:41:49,280 them was that on average they ran it was 28378 18:41:46,760 --> 18:41:51,400 either seven or 70 times more split 28379 18:41:49,280 --> 18:41:52,680 tests than the rest of the accounts I 28380 18:41:51,400 --> 18:41:54,440 want to say it was 70 cuz it was 28381 18:41:52,680 --> 18:41:56,120 something like dramatically different 28382 18:41:54,440 --> 18:41:58,360 like they are just doing the same thing 28383 18:41:56,120 --> 18:42:00,832 as everybody else just on a completely 28384 18:41:58,360 --> 18:42:02,920 different scale they are just launching 28385 18:42:00,832 --> 18:42:05,680 tons of new creatives lots of different 28386 18:42:02,920 --> 18:42:07,920 offers experimenting with 5 to 10% of 28387 18:42:05,680 --> 18:42:09,960 their budget on new ideas and new 28388 18:42:07,920 --> 18:42:11,512 strategies so that their account never 28389 18:42:09,960 --> 18:42:13,512 gets stagnant and that's something that 28390 18:42:11,512 --> 18:42:14,832 I honestly can do a whole lot more of I 28391 18:42:13,512 --> 18:42:17,240 just don't allocate a whole lot of my 28392 18:42:14,832 --> 18:42:18,960 time to this business but if I was 28393 18:42:17,240 --> 18:42:20,832 full-time in this what I would be doing 28394 18:42:18,960 --> 18:42:22,800 is launching new ad creatives I'd be 28395 18:42:20,832 --> 18:42:24,680 hiring influencers to be making video 28396 18:42:22,800 --> 18:42:26,680 ads even for Facebook and Instagram and 28397 18:42:24,680 --> 18:42:28,920 I would be experimenting with a lot of 28398 18:42:26,680 --> 18:42:31,000 different offers and AD copy strategies 28399 18:42:28,920 --> 18:42:33,000 fortunately the ad copies that I've 28400 18:42:31,000 --> 18:42:34,800 given you as templates have worked for 28401 18:42:33,000 --> 18:42:36,552 years and years and don't really seem to 28402 18:42:34,800 --> 18:42:38,400 me showing any signs of quitting anytime 28403 18:42:36,552 --> 18:42:40,760 soon but that's partially because it's 28404 18:42:38,400 --> 18:42:42,680 just t-shirts like low entry level cost 28405 18:42:40,760 --> 18:42:44,400 product like you're not selling ice 28406 18:42:42,680 --> 18:42:46,320 baths is the example I keep going back 28407 18:42:44,400 --> 18:42:48,512 to for some reason so there's things you 28408 18:42:46,320 --> 18:42:50,960 can get away with because it's just like 28409 18:42:48,512 --> 18:42:52,872 lowcost products but to really scale and 28410 18:42:50,960 --> 18:42:54,552 not have that frequency start to spike 28411 18:42:52,872 --> 18:42:56,240 you want to be launching a lot more like 28412 18:42:54,552 --> 18:42:57,960 creatives we'll talk about this in the 28413 18:42:56,240 --> 18:43:01,000 international section but here you can 28414 18:42:57,960 --> 18:43:02,480 see I always launch in the US to test 28415 18:43:01,000 --> 18:43:03,680 and validate the niche and the market 28416 18:43:02,480 --> 18:43:05,872 and then once we've gotten to the point 28417 18:43:03,680 --> 18:43:07,832 of doing like 10 to 20K a month in sales 28418 18:43:05,872 --> 18:43:09,360 consistently in just the us then I'll 28419 18:43:07,832 --> 18:43:11,320 introduce International and 28420 18:43:09,360 --> 18:43:12,800 international normally just pours a 28421 18:43:11,320 --> 18:43:14,320 whole bunch of fuel on the fire 28422 18:43:12,800 --> 18:43:16,080 specifically in the ad account which is 28423 18:43:14,320 --> 18:43:18,040 why I'm bringing it up now and with the 28424 18:43:16,080 --> 18:43:20,832 balance of the campaigns you see here 28425 18:43:18,040 --> 18:43:22,192 it's pretty darn consistent for us so 28426 18:43:20,832 --> 18:43:24,680 basically what we have here is we have 28427 18:43:22,192 --> 18:43:27,040 the DPA campaigns the Advantage Plus 28428 18:43:24,680 --> 18:43:29,192 shopping campaigns so we have our CBO we 28429 18:43:27,040 --> 18:43:31,192 have our manual bid worldwide we have 28430 18:43:29,192 --> 18:43:33,240 our worldwide CBO and then we have our 28431 18:43:31,192 --> 18:43:35,400 us CBO then we have obviously our 28432 18:43:33,240 --> 18:43:37,800 retargeting ads and so scaling paid ads 28433 18:43:35,400 --> 18:43:39,480 used to be a much more difficult topic 28434 18:43:37,800 --> 18:43:41,120 of discussion because there would be 28435 18:43:39,480 --> 18:43:43,280 like hundreds of ads sets a lot more you 28436 18:43:41,120 --> 18:43:45,600 have to do now like I've seen inside ad 28437 18:43:43,280 --> 18:43:47,440 accounts that are spending 20 30 k a day 28438 18:43:45,600 --> 18:43:50,160 and they'll have two or three campaigns 28439 18:43:47,440 --> 18:43:52,360 at just massive budgets they're all just 28440 18:43:50,160 --> 18:43:53,640 Advantage Plus shopping campaigns the 28441 18:43:52,360 --> 18:43:55,680 difference with them is they have a 28442 18:43:53,640 --> 18:43:57,920 really powerful brand behind it that's 28443 18:43:55,680 --> 18:44:00,640 why they're able to do that and that's 28444 18:43:57,920 --> 18:44:03,680 the thing that has made scaling the ads 28445 18:44:00,640 --> 18:44:05,400 so much easier is as these DPA Dynamic 28446 18:44:03,680 --> 18:44:06,960 product ad campaigns that cycle through 28447 18:44:05,400 --> 18:44:09,120 your catalog as they've gotten better 28448 18:44:06,960 --> 18:44:10,680 and better along with the Advantage Plus 28449 18:44:09,120 --> 18:44:12,920 audience targeting anytime we're 28450 18:44:10,680 --> 18:44:14,240 launching new products in our catalog 28451 18:44:12,920 --> 18:44:16,440 those are automatically getting pushed 28452 18:44:14,240 --> 18:44:18,240 to Facebook so whereas before like when 28453 18:44:16,440 --> 18:44:20,920 those weren't even a thing I would have 28454 18:44:18,240 --> 18:44:22,280 to manually upload all of them and now 28455 18:44:20,920 --> 18:44:24,240 you don't have to do that at all you 28456 18:44:22,280 --> 18:44:26,552 would used to deal with like burnout and 28457 18:44:24,240 --> 18:44:28,720 frequency spikes a lot more when 28458 18:44:26,552 --> 18:44:30,400 everything was manual now as long as 28459 18:44:28,720 --> 18:44:31,800 you're at least within a print on demand 28460 18:44:30,400 --> 18:44:33,552 business as long as you are consistently 28461 18:44:31,800 --> 18:44:35,240 launching new products that are high 28462 18:44:33,552 --> 18:44:37,360 quality that people actually want those 28463 18:44:35,240 --> 18:44:39,280 are getting fed into your campaigns 28464 18:44:37,360 --> 18:44:42,160 that's essentially the same as if you 28465 18:44:39,280 --> 18:44:43,832 were feeding Facebook a ton of new ad 28466 18:44:42,160 --> 18:44:45,640 creative for it to be playing around 28467 18:44:43,832 --> 18:44:47,640 with not essentially the it is literally 28468 18:44:45,640 --> 18:44:49,680 the same so that's why we don't have to 28469 18:44:47,640 --> 18:44:51,400 over complicate the concept of scaling 28470 18:44:49,680 --> 18:44:53,800 your paid ads I haven't touched most of 28471 18:44:51,400 --> 18:44:55,920 these campaigns in months aside from the 28472 18:44:53,800 --> 18:44:57,680 one day where Facebook like really 28473 18:44:55,920 --> 18:45:00,320 hit the fan then I turned some stuff 28474 18:44:57,680 --> 18:45:01,680 down but other than that these Main same 28475 18:45:00,320 --> 18:45:03,512 campaigns have been continuing to run 28476 18:45:01,680 --> 18:45:06,160 because the majority of them are running 28477 18:45:03,512 --> 18:45:08,000 off of DPA so moral of the story have a 28478 18:45:06,160 --> 18:45:10,920 really good product catalog but more 28479 18:45:08,000 --> 18:45:13,960 specific to the ad strategy so I'm 28480 18:45:10,920 --> 18:45:15,960 running One manual worldwide targeting 28481 18:45:13,960 --> 18:45:17,872 Advantage Plus campaign campaign and the 28482 18:45:15,960 --> 18:45:20,040 difference with this is instead of doing 28483 18:45:17,872 --> 18:45:21,600 automatic bids like everything else is 28484 18:45:20,040 --> 18:45:23,640 where like I've talked about in the paid 28485 18:45:21,600 --> 18:45:25,480 ad section Facebook operates on an 28486 18:45:23,640 --> 18:45:27,192 auction system and normally it's 28487 18:45:25,480 --> 18:45:29,192 automatically adjusting whatever you're 28488 18:45:27,192 --> 18:45:30,720 going to bid for whatever amount you're 28489 18:45:29,192 --> 18:45:32,440 willing to bid with the manual bid you 28490 18:45:30,720 --> 18:45:34,120 are manually setting it and saying I'm 28491 18:45:32,440 --> 18:45:36,040 only willing to pay up to I think the 28492 18:45:34,120 --> 18:45:38,680 bid level for this one is like $28 per 28493 18:45:36,040 --> 18:45:41,320 purchase I rarely ever end up paying $28 28494 18:45:38,680 --> 18:45:44,080 per purchase or actually here but it's 28495 18:45:41,320 --> 18:45:46,680 more so it's optimizing for the Raz and 28496 18:45:44,080 --> 18:45:48,760 so you won't get as much volume out of 28497 18:45:46,680 --> 18:45:51,400 these campaigns but it's normally a very 28498 18:45:48,760 --> 18:45:53,440 consistent return and like when there 28499 18:45:51,400 --> 18:45:55,000 are dips in like the auction that's 28500 18:45:53,440 --> 18:45:57,600 constantly being evaluated in the back 28501 18:45:55,000 --> 18:45:59,240 end when there are dips you'll see it 28502 18:45:57,600 --> 18:46:01,192 starts to get a ton of sales very 28503 18:45:59,240 --> 18:46:03,080 quickly and here's another example 28504 18:46:01,192 --> 18:46:05,160 you'll just find this funny so we used 28505 18:46:03,080 --> 18:46:07,400 to do what was called surfing method so 28506 18:46:05,160 --> 18:46:09,120 like I would wake up at 7 8 a.m. and 28507 18:46:07,400 --> 18:46:11,360 check the ads or first I would turn them 28508 18:46:09,120 --> 18:46:13,000 on and then within 2 hours I was 28509 18:46:11,360 --> 18:46:15,000 increasing the budgets doubling the 28510 18:46:13,000 --> 18:46:16,960 budgets of any adset that had two or 28511 18:46:15,000 --> 18:46:18,872 more purchases and I was cutting the 28512 18:46:16,960 --> 18:46:21,120 budgets in half of any adset that was 28513 18:46:18,872 --> 18:46:23,440 doing poorly and we were doing that 28514 18:46:21,120 --> 18:46:24,872 constantly like non-stop me tells me all 28515 18:46:23,440 --> 18:46:26,872 the time she's like back then you were 28516 18:46:24,872 --> 18:46:28,400 like a maniac you couldn't go anywhere 28517 18:46:26,872 --> 18:46:29,920 without having your laptop on you and 28518 18:46:28,400 --> 18:46:31,240 I'm like yeah you're kind of right I 28519 18:46:29,920 --> 18:46:32,360 remember like one of the first trips we 28520 18:46:31,240 --> 18:46:33,872 took together when we first started 28521 18:46:32,360 --> 18:46:36,552 dating we were going down to Washington 28522 18:46:33,872 --> 18:46:38,552 DC and I was driving and she was in the 28523 18:46:36,552 --> 18:46:41,192 passenger seat and I was trying to talk 28524 18:46:38,552 --> 18:46:43,480 her through how to bump and cut the 28525 18:46:41,192 --> 18:46:45,760 budgets and eventually I just ended up 28526 18:46:43,480 --> 18:46:47,720 pulling over into a like a rest stop so 28527 18:46:45,760 --> 18:46:50,000 I could do it that was the level of I 28528 18:46:47,720 --> 18:46:52,440 don't know Maniac that I had to be in 28529 18:46:50,000 --> 18:46:55,360 order to get the ads to perform well and 28530 18:46:52,440 --> 18:46:57,280 to that end I set up these automations 28531 18:46:55,360 --> 18:47:00,960 that were running in the background 28532 18:46:57,280 --> 18:47:03,872 constantly so it basically these are all 28533 18:47:00,960 --> 18:47:06,640 like logic functions that based on the 28534 18:47:03,872 --> 18:47:09,360 time of day and the return of the ads 28535 18:47:06,640 --> 18:47:11,832 like it's going to either increase it 28536 18:47:09,360 --> 18:47:14,552 turn it on increase the budget turn it 28537 18:47:11,832 --> 18:47:17,000 off duplicate the ad set all that stuff 28538 18:47:14,552 --> 18:47:18,240 now now what my process looks like which 28539 18:47:17,000 --> 18:47:19,720 I can actually do it right now cuz I 28540 18:47:18,240 --> 18:47:21,120 haven't done it in a couple of days so 28541 18:47:19,720 --> 18:47:23,320 now what my process looks like for 28542 18:47:21,120 --> 18:47:25,640 increasing and decreasing budgets or 28543 18:47:23,320 --> 18:47:26,680 like scaling the paid ads is first I 28544 18:47:25,640 --> 18:47:29,640 look at the campaigns that are 28545 18:47:26,680 --> 18:47:33,360 performing well on this day and so I 28546 18:47:29,640 --> 18:47:34,400 have this one retargeting no so I'm not 28547 18:47:33,360 --> 18:47:35,720 going to increase the budgets on 28548 18:47:34,400 --> 18:47:38,000 anything that's doing 28549 18:47:35,720 --> 18:47:40,320 poorly but I'm just going to look last 28550 18:47:38,000 --> 18:47:43,480 seven days how of these performed okay 28551 18:47:40,320 --> 18:47:46,120 so this one been at a 2.23 and anything 28552 18:47:43,480 --> 18:47:48,800 that's over like around to 2.2 or up I'm 28553 18:47:46,120 --> 18:47:51,720 going to increase by 15 to 20% so this 28554 18:47:48,800 --> 18:47:53,400 one I'm going to bump up to 220 28555 18:47:51,720 --> 18:47:56,240 retargeting this one's slightly 28556 18:47:53,400 --> 18:47:57,960 different because it's such small 28557 18:47:56,240 --> 18:48:02,960 audiences 28558 18:47:57,960 --> 18:48:02,960 but that's why they're like tiny budgets 28559 18:48:14,832 --> 18:48:18,600 there we go next is 28560 18:48:40,280 --> 18:48:46,640 this this one I actually did a few days 28561 18:48:43,080 --> 18:48:46,640 ago so that's why I'm leaving it 28562 18:48:56,640 --> 18:49:01,120 lower like that and publish and just 28563 18:48:59,280 --> 18:49:03,040 like that that's how I scale the paid 28564 18:49:01,120 --> 18:49:04,440 ads things I can do on the back end is 28565 18:49:03,040 --> 18:49:06,440 just making sure that I'm launching more 28566 18:49:04,440 --> 18:49:09,552 products in the catalog and adding them 28567 18:49:06,440 --> 18:49:13,080 to PPE campaign for testing looking at 28568 18:49:09,552 --> 18:49:14,800 my CBO campaigns my DPA campaigns rather 28569 18:49:13,080 --> 18:49:17,360 to see which products are performing the 28570 18:49:14,800 --> 18:49:19,512 best which to do that you select one of 28571 18:49:17,360 --> 18:49:23,760 your cataloges go to breakdown and 28572 18:49:19,512 --> 18:49:23,760 product ID and then it'll load for 28573 18:49:23,960 --> 18:49:28,440 you and then you just monitor the 28574 18:49:26,280 --> 18:49:30,512 performance and if per when performance 28575 18:49:28,440 --> 18:49:32,512 inevitably dips sometimes like it does a 28576 18:49:30,512 --> 18:49:33,720 lot on Mondays and Tuesdays for us if 28577 18:49:32,512 --> 18:49:34,800 it's Monday or Tuesday I just don't 28578 18:49:33,720 --> 18:49:37,000 worry about it cuz I know that it's 28579 18:49:34,800 --> 18:49:38,680 normal but if it's outside of that range 28580 18:49:37,000 --> 18:49:41,120 and it seems like it's going on for 28581 18:49:38,680 --> 18:49:44,760 seven days or more then I will decrease 28582 18:49:41,120 --> 18:49:46,360 it by 15 to 20% and if it continues to 28583 18:49:44,760 --> 18:49:48,680 have poor performance I'll decrease it 28584 18:49:46,360 --> 18:49:50,360 again and just rinse and repeat this 28585 18:49:48,680 --> 18:49:52,320 process I wanted this to be a little bit 28586 18:49:50,360 --> 18:49:54,872 more candid to show like the thought 28587 18:49:52,320 --> 18:49:56,720 process around the paid ads scaling I 28588 18:49:54,872 --> 18:49:58,192 think because of the history of like how 28589 18:49:56,720 --> 18:50:00,120 it used to be like much more challenging 28590 18:49:58,192 --> 18:50:01,960 than it is now I think there there's 28591 18:50:00,120 --> 18:50:03,640 like a lot of preconceived notions that 28592 18:50:01,960 --> 18:50:05,920 it has to be a ton of work but really 28593 18:50:03,640 --> 18:50:07,872 the work comes in in modules 3 through 28594 18:50:05,920 --> 18:50:09,720 eight like this part once you have 3 28595 18:50:07,872 --> 18:50:11,640 through eight dialed in this part is 28596 18:50:09,720 --> 18:50:13,280 honestly fairly simple so hope this 28597 18:50:11,640 --> 18:50:15,512 helps if you have any questions let me 28598 18:50:13,280 --> 18:50:17,040 know in the comments or join we scale 28599 18:50:15,512 --> 18:50:18,760 University and I'll be happy to take a 28600 18:50:17,040 --> 18:50:20,512 look at your ad account for you but 28601 18:50:18,760 --> 18:50:23,160 other than that thanks for watching and 28602 18:50:20,512 --> 18:50:23,160 I'll see you in the next 28603 18:50:25,920 --> 18:50:34,360 [Music] 28604 18:50:32,080 --> 18:50:36,680 lesson another way that we're able to 28605 18:50:34,360 --> 18:50:39,400 scale our print on demand or Shopify 28606 18:50:36,680 --> 18:50:41,552 brand is by increasing the number of 28607 18:50:39,400 --> 18:50:42,760 channels that we're driving traffic from 28608 18:50:41,552 --> 18:50:44,600 in this lesson we're going to be talking 28609 18:50:42,760 --> 18:50:46,480 about what are those different channels 28610 18:50:44,600 --> 18:50:48,360 when does it make sense to start 28611 18:50:46,480 --> 18:50:50,320 advertising on them what are the ins and 28612 18:50:48,360 --> 18:50:52,640 outs and then what are the things to be 28613 18:50:50,320 --> 18:50:55,832 aware of and an easy visual 28614 18:50:52,640 --> 18:50:57,640 representation is back to this explainer 28615 18:50:55,832 --> 18:51:01,160 mirror board from one of the earlier 28616 18:50:57,640 --> 18:51:03,120 modules so we saw how our traffic mostly 28617 18:51:01,160 --> 18:51:05,160 comes from meta this is where we're 28618 18:51:03,120 --> 18:51:08,160 getting our initial customers from and 28619 18:51:05,160 --> 18:51:10,280 we drive that traffic to our store and 28620 18:51:08,160 --> 18:51:12,760 other types of scaling involves setting 28621 18:51:10,280 --> 18:51:17,360 up different marketplaces so that would 28622 18:51:12,760 --> 18:51:20,040 be like if we add 28623 18:51:17,360 --> 18:51:22,640 Etsy up 28624 18:51:20,040 --> 18:51:25,552 here so then there's multiple 28625 18:51:22,640 --> 18:51:28,920 marketplaces that are being fulfilled by 28626 18:51:25,552 --> 18:51:31,480 prfi so there's greater distribution but 28627 18:51:28,920 --> 18:51:33,480 on the traffic side it looks a lot like 28628 18:51:31,480 --> 18:51:36,192 this if we 28629 18:51:33,480 --> 18:51:39,760 added Tik Tock 28630 18:51:36,192 --> 18:51:39,760 ads and if we 28631 18:51:40,872 --> 18:51:47,360 added Bing ads 28632 18:51:45,160 --> 18:51:49,360 and so scaling the different traffic 28633 18:51:47,360 --> 18:51:51,800 channels is just looking out at 28634 18:51:49,360 --> 18:51:53,320 remembering who our customers are like 28635 18:51:51,800 --> 18:51:55,800 what's our Niche what's our Market than 28636 18:51:53,320 --> 18:51:57,720 seeing where those people hang out the 28637 18:51:55,800 --> 18:51:59,192 reason that meta makes such a great 28638 18:51:57,720 --> 18:52:01,480 place to start is that pretty much 28639 18:51:59,192 --> 18:52:02,800 everybody is on meta everybody has a 28640 18:52:01,480 --> 18:52:04,640 Facebook account even if they don't like 28641 18:52:02,800 --> 18:52:06,192 to admit it and they're in a buying 28642 18:52:04,640 --> 18:52:07,800 mindset when they're on there but when 28643 18:52:06,192 --> 18:52:10,040 we scale our traffic channels we want to 28644 18:52:07,800 --> 18:52:12,240 see okay outside of meta where does our 28645 18:52:10,040 --> 18:52:14,040 audience hang out if you are targeting I 28646 18:52:12,240 --> 18:52:16,040 don't know business owners or people who 28647 18:52:14,040 --> 18:52:19,320 are into politics then testing out 28648 18:52:16,040 --> 18:52:21,320 Twitter ads or X would be a logical next 28649 18:52:19,320 --> 18:52:24,000 traffic channel to expand into or if 28650 18:52:21,320 --> 18:52:25,920 you're targeting younger de demographics 28651 18:52:24,000 --> 18:52:28,400 or Drop Shipping products where it's 28652 18:52:25,920 --> 18:52:31,120 like more demo based then Tik Tok ads 28653 18:52:28,400 --> 18:52:32,400 would make more sense or if you're I 28654 18:52:31,120 --> 18:52:34,280 can't even think of a good audience 28655 18:52:32,400 --> 18:52:36,080 segment for Bing ads but yeah those are 28656 18:52:34,280 --> 18:52:38,192 some of the examples so answering the 28657 18:52:36,080 --> 18:52:40,480 key question of like so when does it 28658 18:52:38,192 --> 18:52:42,320 make sense to diversify your traffic 28659 18:52:40,480 --> 18:52:44,872 when should you not just be running meta 28660 18:52:42,320 --> 18:52:47,040 ads and meta and Google's most like like 28661 18:52:44,872 --> 18:52:49,320 smaller budget retargeting but when does 28662 18:52:47,040 --> 18:52:51,552 it make sense and honestly when it comes 28663 18:52:49,320 --> 18:52:54,000 to diversifying traffic I've tried it a 28664 18:52:51,552 --> 18:52:55,680 lot of different times and the cardinal 28665 18:52:54,000 --> 18:52:57,960 sin that most of the times I ended up 28666 18:52:55,680 --> 18:53:00,080 committing was the shiny object idea of 28667 18:52:57,960 --> 18:53:02,320 like I'm running Facebook ads things are 28668 18:53:00,080 --> 18:53:03,800 going well and then I hear about oh Tik 28669 18:53:02,320 --> 18:53:05,680 tok's killing it like people are making 28670 18:53:03,800 --> 18:53:07,440 so much money I'm like oh I should try 28671 18:53:05,680 --> 18:53:10,280 Tik Tok ads meanwhile I'm the only 28672 18:53:07,440 --> 18:53:11,600 Advertiser running the meta ads so I 28673 18:53:10,280 --> 18:53:12,920 stop what I'm doing there I'm like 28674 18:53:11,600 --> 18:53:15,360 things are going well so I'm going to 28675 18:53:12,920 --> 18:53:17,192 stop it just let it run on autopilot and 28676 18:53:15,360 --> 18:53:19,320 then I'm going to go try Tik Tok and 28677 18:53:17,192 --> 18:53:21,872 while I shift my focus The Meta ads 28678 18:53:19,320 --> 18:53:23,680 start to fall apart this was a longer 28679 18:53:21,872 --> 18:53:25,680 time ago it doesn't happen as quickly 28680 18:53:23,680 --> 18:53:27,640 but long story short don't do it unless 28681 18:53:25,680 --> 18:53:29,320 you are really systematized and 28682 18:53:27,640 --> 18:53:31,552 confident that you can maintain your 28683 18:53:29,320 --> 18:53:34,040 meta ads while testing out a new traffic 28684 18:53:31,552 --> 18:53:35,440 Source especially if you are learning 28685 18:53:34,040 --> 18:53:37,192 and you're starting out for the first 28686 18:53:35,440 --> 18:53:38,720 time learn Facebook ads until you're 28687 18:53:37,192 --> 18:53:40,832 doing a million dollars a year in 28688 18:53:38,720 --> 18:53:43,760 Revenue it would be my advice you can 28689 18:53:40,832 --> 18:53:46,000 grow to $2 $3 million a year off of Just 28690 18:53:43,760 --> 18:53:48,600 Facebook ads alone let that sink in you 28691 18:53:46,000 --> 18:53:50,680 can hit $2 to $3 million a year from 28692 18:53:48,600 --> 18:53:52,760 just Facebook ads alone so then if 28693 18:53:50,680 --> 18:53:54,800 that's possible and you have detailed 28694 18:53:52,760 --> 18:53:56,640 trainings like showing exactly how to do 28695 18:53:54,800 --> 18:53:58,720 that why would you even think about 28696 18:53:56,640 --> 18:54:00,760 diversifying different traffic sources 28697 18:53:58,720 --> 18:54:03,080 and the answer to that is either a it's 28698 18:54:00,760 --> 18:54:04,720 shiny object or B maybe you have an 28699 18:54:03,080 --> 18:54:06,440 existing skill set maybe you've been on 28700 18:54:04,720 --> 18:54:07,960 Tik Tok or one of these other channels 28701 18:54:06,440 --> 18:54:09,320 before in which case that makes a lot 28702 18:54:07,960 --> 18:54:11,192 more sense if you already have 28703 18:54:09,320 --> 18:54:12,832 experience you've done those before then 28704 18:54:11,192 --> 18:54:15,120 maybe even start out with those but the 28705 18:54:12,832 --> 18:54:17,160 way that I think about it now is I do 28706 18:54:15,120 --> 18:54:19,512 Facebook ads that's my main traffic 28707 18:54:17,160 --> 18:54:22,440 channel for up to $2 to $3 million a 28708 18:54:19,512 --> 18:54:24,832 year and I know that I can consistently 28709 18:54:22,440 --> 18:54:26,832 spend anywhere from 2 to three grand per 28710 18:54:24,832 --> 18:54:28,760 day on Facebook ads running at anywhere 28711 18:54:26,832 --> 18:54:30,832 from a 2 to a three and I know that I 28712 18:54:28,760 --> 18:54:32,280 can do that like day in day out as long 28713 18:54:30,832 --> 18:54:34,360 as everything else in the business is 28714 18:54:32,280 --> 18:54:36,400 running well but then when it comes to 28715 18:54:34,360 --> 18:54:38,320 say I hit 3 million and I want more 28716 18:54:36,400 --> 18:54:41,120 traffic and I identify that the 28717 18:54:38,320 --> 18:54:43,160 bottleneck in me scaling my business is 28718 18:54:41,120 --> 18:54:46,120 getting more customers I identifi that 28719 18:54:43,160 --> 18:54:47,872 it's not like LTV it's not marketplaces 28720 18:54:46,120 --> 18:54:49,960 it's not any of these others I decide 28721 18:54:47,872 --> 18:54:51,680 like my LTV is good my email flows are 28722 18:54:49,960 --> 18:54:53,192 good customers are coming back all these 28723 18:54:51,680 --> 18:54:55,280 other potential bottlenecks and the 28724 18:54:53,192 --> 18:54:57,400 funnel they're all running well and then 28725 18:54:55,280 --> 18:54:59,120 you decide that okay it's time for more 28726 18:54:57,400 --> 18:55:00,832 traffic the way that I would approach it 28727 18:54:59,120 --> 18:55:03,000 the order that I would do them in is I 28728 18:55:00,832 --> 18:55:05,512 would do Tik Tok ads next I would just 28729 18:55:03,000 --> 18:55:08,120 slowly increase the budgets on the 28730 18:55:05,512 --> 18:55:10,872 Google pmax ads that we have like our 28731 18:55:08,120 --> 18:55:12,240 budgets are set to like3 or $400 a day 28732 18:55:10,872 --> 18:55:13,872 they only spend a fraction of that I 28733 18:55:12,240 --> 18:55:16,240 would dive into that and see how you can 28734 18:55:13,872 --> 18:55:18,360 expand on your already existing channels 28735 18:55:16,240 --> 18:55:20,160 so making sure you've already maxed out 28736 18:55:18,360 --> 18:55:21,960 you know your existing traffic channels 28737 18:55:20,160 --> 18:55:23,720 and then on Tik Tok I would approach you 28738 18:55:21,960 --> 18:55:26,480 by getting and I've started doing this 28739 18:55:23,720 --> 18:55:28,120 on the one brand I would hire a bunch of 28740 18:55:26,480 --> 18:55:30,872 content creators like I set aside a 28741 18:55:28,120 --> 18:55:32,872 budget of $1,000 and hired I think I got 28742 18:55:30,872 --> 18:55:35,480 like 20 different content creators to 28743 18:55:32,872 --> 18:55:37,160 make videos and then I send them all 28744 18:55:35,480 --> 18:55:39,192 sample products and I did this through 28745 18:55:37,160 --> 18:55:40,760 Tik tok's program send them all sample 28746 18:55:39,192 --> 18:55:42,280 products and give them an overview of 28747 18:55:40,760 --> 18:55:44,360 what I want them to do in the video they 28748 18:55:42,280 --> 18:55:45,552 shoot the video send it back to me and 28749 18:55:44,360 --> 18:55:46,720 they were all kind of surprised because 28750 18:55:45,552 --> 18:55:48,000 I said you don't even have to post it on 28751 18:55:46,720 --> 18:55:49,440 your main page CU most of them are 28752 18:55:48,000 --> 18:55:51,872 smaller creators that's how I get them 28753 18:55:49,440 --> 18:55:52,960 for 20 50 bucks per video and most of 28754 18:55:51,872 --> 18:55:54,360 them are surprised that I didn't even 28755 18:55:52,960 --> 18:55:56,872 want them posting I'm like I don't care 28756 18:55:54,360 --> 18:55:58,320 about your thousand followers I just 28757 18:55:56,872 --> 18:56:00,120 want the content cuz then I'm going to 28758 18:55:58,320 --> 18:56:01,920 put it into the ad account and scale it 28759 18:56:00,120 --> 18:56:03,600 up that way so it's just rinse and 28760 18:56:01,920 --> 18:56:05,640 repeat the same kind of process that we 28761 18:56:03,600 --> 18:56:07,160 did on meta which is make sure 28762 18:56:05,640 --> 18:56:09,640 everything's set up properly make sure 28763 18:56:07,160 --> 18:56:11,512 you have your Tik Tock pixel integrated 28764 18:56:09,640 --> 18:56:13,480 just using the Tik Tok app and then 28765 18:56:11,512 --> 18:56:15,512 gather your like your creative and look 28766 18:56:13,480 --> 18:56:16,720 around I look around at the competition 28767 18:56:15,512 --> 18:56:18,600 see what they're doing what do their 28768 18:56:16,720 --> 18:56:20,080 videos look like then I hire content 28769 18:56:18,600 --> 18:56:21,360 creators cuz it's not the same as 28770 18:56:20,080 --> 18:56:23,280 Facebook where you can just you know 28771 18:56:21,360 --> 18:56:25,480 just throw pictures that won't convert 28772 18:56:23,280 --> 18:56:28,280 well ever on Tik Tok it needs to be like 28773 18:56:25,480 --> 18:56:30,040 ugc user generated content and I give 28774 18:56:28,280 --> 18:56:31,240 them samples they make the videos send 28775 18:56:30,040 --> 18:56:32,800 them back to me then I load them into 28776 18:56:31,240 --> 18:56:34,512 the ad account and then start driving 28777 18:56:32,800 --> 18:56:36,440 traffic and with Tik Tok it's lower 28778 18:56:34,512 --> 18:56:38,440 converting traffic but it's much cheaper 28779 18:56:36,440 --> 18:56:40,480 a lot of the times so this is where 28780 18:56:38,440 --> 18:56:42,320 scaling the traffic in general it comes 28781 18:56:40,480 --> 18:56:44,600 down to not just one of these additional 28782 18:56:42,320 --> 18:56:47,160 channels that you're adding in but then 28783 18:56:44,600 --> 18:56:49,280 how good are your retargeting ads and 28784 18:56:47,160 --> 18:56:51,192 your whole funnel it stops being just 28785 18:56:49,280 --> 18:56:52,680 about like individual channels and it 28786 18:56:51,192 --> 18:56:54,552 becomes a lot more about what's the 28787 18:56:52,680 --> 18:56:56,920 funnel look like overall like we're 28788 18:56:54,552 --> 18:56:58,920 bringing in cold traffic from these 28789 18:56:56,920 --> 18:57:01,160 places and then anybody who doesn't 28790 18:56:58,920 --> 18:57:03,920 convert we're retargeting them on meta 28791 18:57:01,160 --> 18:57:05,800 Google and email and then after they 28792 18:57:03,920 --> 18:57:09,000 purchase we're following up with them to 28793 18:57:05,800 --> 18:57:11,120 maximize the LTV over email and the ways 28794 18:57:09,000 --> 18:57:12,960 we're maximizing LTV are all the things 28795 18:57:11,120 --> 18:57:15,000 we're going to talk about but thinking 28796 18:57:12,960 --> 18:57:16,760 of it as a funnel not just just okay I 28797 18:57:15,000 --> 18:57:19,040 have meta ads running cuz they don't run 28798 18:57:16,760 --> 18:57:21,120 in silos anybody who gets driven from 28799 18:57:19,040 --> 18:57:23,720 your Tik Tok ads that person gets picked 28800 18:57:21,120 --> 18:57:26,320 up by your metap pixel as well so if I'm 28801 18:57:23,720 --> 18:57:28,120 somebody on Tik Tok I click on your ad I 28802 18:57:26,320 --> 18:57:29,832 go to your website if I'm logged into 28803 18:57:28,120 --> 18:57:32,160 like a Chrome browser or something that 28804 18:57:29,832 --> 18:57:34,080 meta is also tracking like a lot of 28805 18:57:32,160 --> 18:57:36,600 people are then when I go to your 28806 18:57:34,080 --> 18:57:38,320 website from Tik Tok I am then seasoning 28807 18:57:36,600 --> 18:57:39,720 your metap pixel and your metap pixel 28808 18:57:38,320 --> 18:57:41,832 cuz it's watching everybody that goes to 28809 18:57:39,720 --> 18:57:44,480 your website then next time me as the 28810 18:57:41,832 --> 18:57:46,480 user I go to meta I'm now seeing your 28811 18:57:44,480 --> 18:57:48,280 ads on Facebook your retargeting ads 28812 18:57:46,480 --> 18:57:49,800 even though I started out on Tik Tok so 28813 18:57:48,280 --> 18:57:51,480 that's a really key piece that in order 28814 18:57:49,800 --> 18:57:53,680 to scale your traffic to different 28815 18:57:51,480 --> 18:57:56,160 traffic sources you need your email 28816 18:57:53,680 --> 18:57:58,360 marketing or follow-up dialed in you 28817 18:57:56,160 --> 18:58:00,400 need your retargeting ads on Google and 28818 18:57:58,360 --> 18:58:02,360 Facebook dialed in and then you need to 28819 18:58:00,400 --> 18:58:05,480 be thinking of it as the full funnel 28820 18:58:02,360 --> 18:58:06,872 approach not just like oneoff ads like 28821 18:58:05,480 --> 18:58:08,400 okay these are my Tik Tok ones you need 28822 18:58:06,872 --> 18:58:10,440 to think of it as like the whole 28823 18:58:08,400 --> 18:58:12,000 ecosystem how are they interacting 28824 18:58:10,440 --> 18:58:14,080 what's the look and feel of the brand 28825 18:58:12,000 --> 18:58:15,872 all of that stuff comes into play so the 28826 18:58:14,080 --> 18:58:18,440 the real next Channel I would approach 28827 18:58:15,872 --> 18:58:20,080 is Tik Tok ads but again only do that 28828 18:58:18,440 --> 18:58:23,040 once you're trying to scale pass like $2 28829 18:58:20,080 --> 18:58:24,720 to $3 million a year don't do it because 28830 18:58:23,040 --> 18:58:25,872 just your Facebook ads aren't working 28831 18:58:24,720 --> 18:58:27,240 because if your Facebook ads aren't 28832 18:58:25,872 --> 18:58:28,760 working very low chance that you're 28833 18:58:27,240 --> 18:58:30,480 going to get Tik Tok to work and then 28834 18:58:28,760 --> 18:58:32,440 instead of having one thing that's not 28835 18:58:30,480 --> 18:58:34,360 working and you're like whittling away 28836 18:58:32,440 --> 18:58:36,600 at Facebook like figuring it out testing 28837 18:58:34,360 --> 18:58:38,720 new stuff you'll just end up with six 28838 18:58:36,600 --> 18:58:40,360 different things like Tik to Bing like 28839 18:58:38,720 --> 18:58:41,600 all these different channels it'll end 28840 18:58:40,360 --> 18:58:43,720 up with six different things that aren't 28841 18:58:41,600 --> 18:58:45,800 working and you won't be any closer to 28842 18:58:43,720 --> 18:58:47,360 getting your store profitable you'll be 28843 18:58:45,800 --> 18:58:49,512 going the opposite way you'll just get 28844 18:58:47,360 --> 18:58:50,800 flustered and like burned out and end up 28845 18:58:49,512 --> 18:58:52,760 throwing in the tow and everything 28846 18:58:50,800 --> 18:58:54,320 saying from personal experience that's 28847 18:58:52,760 --> 18:58:56,120 where that route normally ends it's not 28848 18:58:54,320 --> 18:58:58,240 the like oh Facebook's not working Tik 28849 18:58:56,120 --> 18:59:00,040 Tok is going to magically pop off so 28850 18:58:58,240 --> 18:59:02,160 that's how I think through scaling to 28851 18:59:00,040 --> 18:59:04,040 new traffic channels by and large I 28852 18:59:02,160 --> 18:59:05,720 don't do it on these Brands because I'm 28853 18:59:04,040 --> 18:59:08,080 like pretty content with doing $2 to $3 28854 18:59:05,720 --> 18:59:11,120 million a year on a brand it's not like 28855 18:59:08,080 --> 18:59:13,040 in my passion to grow an apparel brand 28856 18:59:11,120 --> 18:59:14,600 to eight figures plus that just doesn't 28857 18:59:13,040 --> 18:59:16,832 seem attractive to me me it's like more 28858 18:59:14,600 --> 18:59:18,760 of a like Lifestyle brand whatever fits 28859 18:59:16,832 --> 18:59:20,192 my lifestyle maybe I I will like 28860 18:59:18,760 --> 18:59:22,160 experiment with Tik Tok ads in the 28861 18:59:20,192 --> 18:59:24,080 future and let you guys know how it goes 28862 18:59:22,160 --> 18:59:26,080 and all those experiments will be posted 28863 18:59:24,080 --> 18:59:28,552 in wcale University once I start doing 28864 18:59:26,080 --> 18:59:29,720 them but for now meta ads is it's pretty 28865 18:59:28,552 --> 18:59:31,720 much all you need so if you have 28866 18:59:29,720 --> 18:59:32,800 questions about this let me know but I 28867 18:59:31,720 --> 18:59:36,192 hope this has been useful and I'll see 28868 18:59:32,800 --> 18:59:36,192 you in the next lesson 28869 18:59:38,000 --> 18:59:47,680 [Music] 28870 18:59:45,080 --> 18:59:50,240 let's talk about scaling to different 28871 18:59:47,680 --> 18:59:52,120 marketplaces and we've talked about Etsy 28872 18:59:50,240 --> 18:59:54,480 Amazon all these different marketplaces 28873 18:59:52,120 --> 18:59:57,512 earlier on in the course and now we're 28874 18:59:54,480 --> 18:59:59,240 revisiting it at the point of we've 28875 18:59:57,512 --> 19:00:01,120 already built our store gotten it 28876 18:59:59,240 --> 19:00:02,512 profitable we've done like the Baseline 28877 19:00:01,120 --> 19:00:04,832 thing so that we're doing consistent 28878 19:00:02,512 --> 19:00:07,640 sales profitable and now we're looking 28879 19:00:04,832 --> 19:00:09,080 to expand and have more touch points 28880 19:00:07,640 --> 19:00:11,512 with potential customer I'm going to 28881 19:00:09,080 --> 19:00:13,080 restate that in every lesson within this 28882 19:00:11,512 --> 19:00:15,512 scaling section because I want it to be 28883 19:00:13,080 --> 19:00:17,720 very clear that we can't start scaling 28884 19:00:15,512 --> 19:00:19,720 until all the previous modules all those 28885 19:00:17,720 --> 19:00:22,360 previous steps have been done extremely 28886 19:00:19,720 --> 19:00:24,040 well if you start scaling Market places 28887 19:00:22,360 --> 19:00:25,440 when you aren't taking sales when your 28888 19:00:24,040 --> 19:00:27,120 Shopify store you don't have a good 28889 19:00:25,440 --> 19:00:29,512 product catalog you're just going to end 28890 19:00:27,120 --> 19:00:31,512 up with crappy products spread out 28891 19:00:29,512 --> 19:00:33,360 across the internet to more places that 28892 19:00:31,512 --> 19:00:35,000 you have to manage and it's just not 28893 19:00:33,360 --> 19:00:36,720 going to be a good scenario and I think 28894 19:00:35,000 --> 19:00:37,872 that management piece is a big thing 28895 19:00:36,720 --> 19:00:40,640 especially when it comes to Market 28896 19:00:37,872 --> 19:00:42,400 places is that it's not just as easy as 28897 19:00:40,640 --> 19:00:44,920 oh I open an Etsy account and it starts 28898 19:00:42,400 --> 19:00:46,320 running like you have to have different 28899 19:00:44,920 --> 19:00:48,240 things dialed in you need to have your 28900 19:00:46,320 --> 19:00:50,512 customer service agents like watching 28901 19:00:48,240 --> 19:00:51,760 your Etsy messages CU if you don't reply 28902 19:00:50,512 --> 19:00:53,720 within a certain amount of time then 28903 19:00:51,760 --> 19:00:55,760 that hurts your Etsy seller score you 28904 19:00:53,720 --> 19:00:57,680 need to make sure you're responding 28905 19:00:55,760 --> 19:00:59,280 Gathering and responding to all reviews 28906 19:00:57,680 --> 19:01:01,360 and there's a lot of extra work that 28907 19:00:59,280 --> 19:01:03,360 gets added as you add these other 28908 19:01:01,360 --> 19:01:05,480 marketplaces that you don't have to deal 28909 19:01:03,360 --> 19:01:07,600 with on Shopify so again you're able to 28910 19:01:05,480 --> 19:01:09,872 get to $2 to $3 million a year with just 28911 19:01:07,600 --> 19:01:12,120 your catalog of products Facebook ads 28912 19:01:09,872 --> 19:01:14,240 with email and Shopify you can get the 28913 19:01:12,120 --> 19:01:15,960 $2 to $3 million a year in sales doing 28914 19:01:14,240 --> 19:01:18,320 literally just that not even worrying 28915 19:01:15,960 --> 19:01:19,440 about Etsy or Walmart or Amazon or any 28916 19:01:18,320 --> 19:01:21,192 of these other things we're about to 28917 19:01:19,440 --> 19:01:23,120 talk about but I'm going to touch on 28918 19:01:21,192 --> 19:01:24,960 them anyway just so that once you get 28919 19:01:23,120 --> 19:01:26,832 the itch to expand and you want to see 28920 19:01:24,960 --> 19:01:29,400 your products on Etsy you'll know how to 28921 19:01:26,832 --> 19:01:31,552 go about it and looking at our explainer 28922 19:01:29,400 --> 19:01:34,440 mirror board again so we have scaling 28923 19:01:31,552 --> 19:01:36,872 paid ads is increasing what we're 28924 19:01:34,440 --> 19:01:38,280 getting from our traffic on meta so we 28925 19:01:36,872 --> 19:01:39,960 talked about your vertical scale 28926 19:01:38,280 --> 19:01:41,440 horizontal scale different strategies 28927 19:01:39,960 --> 19:01:44,280 then scaling to different traffic 28928 19:01:41,440 --> 19:01:47,000 sources is adding Tik Tok ads ads in 28929 19:01:44,280 --> 19:01:49,600 addition to meta or bang ads in addition 28930 19:01:47,000 --> 19:01:52,240 to meta or X and then driving that to 28931 19:01:49,600 --> 19:01:55,680 our store now marketplaces is when in 28932 19:01:52,240 --> 19:01:58,280 addition to our store we have Etsy or we 28933 19:01:55,680 --> 19:02:01,760 add merch by Amazon cuz what's good 28934 19:01:58,280 --> 19:02:03,872 about these is that they also act as 28935 19:02:01,760 --> 19:02:05,600 their own traffic Source especially Etsy 28936 19:02:03,872 --> 19:02:07,400 like it has its own ads that are like 28937 19:02:05,600 --> 19:02:09,320 very easy to set up the point that I 28938 19:02:07,400 --> 19:02:11,760 would recommend looking into Etsy if you 28939 19:02:09,320 --> 19:02:13,480 started out on Shopify is once you're 28940 19:02:11,760 --> 19:02:15,552 taking consistent sales you have a good 28941 19:02:13,480 --> 19:02:18,360 product catalog and you know that it's 28942 19:02:15,552 --> 19:02:22,680 products that people want then using an 28943 19:02:18,360 --> 19:02:25,720 app such as pull it up basically we want 28944 19:02:22,680 --> 19:02:27,720 to just get increased reach and exposure 28945 19:02:25,720 --> 19:02:29,240 for the products that we've already made 28946 19:02:27,720 --> 19:02:32,000 we want to get extra credit for all the 28947 19:02:29,240 --> 19:02:34,800 work that we're already doing so in 28948 19:02:32,000 --> 19:02:38,192 Shopify an easy way for us to do that is 28949 19:02:34,800 --> 19:02:40,552 by using a Etsy integration app so you 28950 19:02:38,192 --> 19:02:42,640 can go to printify and set up a 28951 19:02:40,552 --> 19:02:44,240 duplicate store so like I could go two 28952 19:02:42,640 --> 19:02:46,320 different ways that I could connect Etsy 28953 19:02:44,240 --> 19:02:48,832 the first way to connect with Etsy is by 28954 19:02:46,320 --> 19:02:50,832 using an integration app like this CED 28955 19:02:48,832 --> 19:02:52,800 Commerce I've never used this one but 28956 19:02:50,832 --> 19:02:54,760 CED Commerce I've used and what it 28957 19:02:52,800 --> 19:02:57,240 basically does is you open your Etsy 28958 19:02:54,760 --> 19:02:59,280 account and then you use this and it'll 28959 19:02:57,240 --> 19:03:01,720 sync everything every product you have 28960 19:02:59,280 --> 19:03:04,000 on Shopify it'll automatically sync it 28961 19:03:01,720 --> 19:03:06,000 to your Etsy store along with some extra 28962 19:03:04,000 --> 19:03:07,920 features and options that it'll 28963 19:03:06,000 --> 19:03:09,920 customize your products specifically for 28964 19:03:07,920 --> 19:03:11,832 Etsy like doing keywords and stuff like 28965 19:03:09,920 --> 19:03:13,080 that it is a little bit pricier like 28966 19:03:11,832 --> 19:03:15,680 it's based on the number of listings 28967 19:03:13,080 --> 19:03:18,640 that you have but it gets the job done 28968 19:03:15,680 --> 19:03:21,120 without having to do this which is 28969 19:03:18,640 --> 19:03:24,240 another way you can do it for free is 28970 19:03:21,120 --> 19:03:27,680 you can add a new store within printify 28971 19:03:24,240 --> 19:03:29,760 and then click Etsy and link your Etsy 28972 19:03:27,680 --> 19:03:33,240 account so you just click that link your 28973 19:03:29,760 --> 19:03:35,800 Etsy account and then from your Shopify 28974 19:03:33,240 --> 19:03:37,832 connection you would just start copying 28975 19:03:35,800 --> 19:03:39,640 all your products over like your Etsy 28976 19:03:37,832 --> 19:03:41,640 store would show up here you just copy 28977 19:03:39,640 --> 19:03:43,400 all of your products the pain about that 28978 19:03:41,640 --> 19:03:45,720 is that then you have different product 28979 19:03:43,400 --> 19:03:47,720 list things to manage like anytime you 28980 19:03:45,720 --> 19:03:49,120 upload a new product say you add a new 28981 19:03:47,720 --> 19:03:51,080 collection of 100 designs to your 28982 19:03:49,120 --> 19:03:53,240 Shopify store that doesn't automatically 28983 19:03:51,080 --> 19:03:55,512 get published you or somebody else needs 28984 19:03:53,240 --> 19:03:57,120 to stay on top of organizing and 28985 19:03:55,512 --> 19:03:58,960 consistently duplicating your products 28986 19:03:57,120 --> 19:04:01,480 over to your Etsy shop and the other 28987 19:03:58,960 --> 19:04:02,680 thing is that your Etsy orders if you go 28988 19:04:01,480 --> 19:04:04,512 this route like paying for an 28989 19:04:02,680 --> 19:04:05,960 integration which is what I recommend if 28990 19:04:04,512 --> 19:04:07,920 you have the money to do it then I would 28991 19:04:05,960 --> 19:04:09,832 recommend doing this cuz it not only 28992 19:04:07,920 --> 19:04:11,760 sends your products to Etsy but it also 28993 19:04:09,832 --> 19:04:13,920 pulls the orders from Etsy so then 28994 19:04:11,760 --> 19:04:16,552 you're able to manage everything all 28995 19:04:13,920 --> 19:04:19,080 from your Shopify store your your Etsy 28996 19:04:16,552 --> 19:04:21,680 orders would show up just as a separate 28997 19:04:19,080 --> 19:04:23,280 line item here in your analytics but you 28998 19:04:21,680 --> 19:04:25,640 be able to see everything all in one 28999 19:04:23,280 --> 19:04:28,320 place makes it so much easier for 29000 19:04:25,640 --> 19:04:30,040 customer service and Order management so 29001 19:04:28,320 --> 19:04:31,800 that's what I'd recommend is using an 29002 19:04:30,040 --> 19:04:34,440 app like this CED is the one that we 29003 19:04:31,800 --> 19:04:36,360 used they have similar ones for Walmart 29004 19:04:34,440 --> 19:04:39,000 merch by Amazon couple of other 29005 19:04:36,360 --> 19:04:40,960 marketplaces but again I would not even 29006 19:04:39,000 --> 19:04:42,800 look into this at all until you're doing 29007 19:04:40,960 --> 19:04:44,760 consistent sales and you're ready to 29008 19:04:42,800 --> 19:04:46,160 broaden your reach the time that I would 29009 19:04:44,760 --> 19:04:48,480 recommend doing this maybe a little bit 29010 19:04:46,160 --> 19:04:50,160 earlier is if you're a seasoned Etsy or 29011 19:04:48,480 --> 19:04:52,280 Amazon Seller or somebody who has a lot 29012 19:04:50,160 --> 19:04:53,920 of experience and then maybe it makes 29013 19:04:52,280 --> 19:04:56,080 more sense cuz you have less knowledge 29014 19:04:53,920 --> 19:04:58,000 debt to get out of but when you're first 29015 19:04:56,080 --> 19:04:59,600 starting out absolutely do not with any 29016 19:04:58,000 --> 19:05:02,240 of these scaling strategies absolutely 29017 19:04:59,600 --> 19:05:04,480 do not move on to scaling in any one 29018 19:05:02,240 --> 19:05:07,440 area within the funnel until you have 29019 19:05:04,480 --> 19:05:10,192 dialed in the Baseline like Facebook ads 29020 19:05:07,440 --> 19:05:11,800 email marketing Google Shopify and your 29021 19:05:10,192 --> 19:05:14,400 product like there is enough there to 29022 19:05:11,800 --> 19:05:16,552 last you years and you can get to like 29023 19:05:14,400 --> 19:05:18,872 our Z to A Million store is about to hit 29024 19:05:16,552 --> 19:05:20,512 a million dollars in8 or n months us 29025 19:05:18,872 --> 19:05:23,160 working very part-time on it we didn't 29026 19:05:20,512 --> 19:05:25,440 do any Etsy stuff we didn't do any Etsy 29027 19:05:23,160 --> 19:05:26,800 we did just Facebook email just the 29028 19:05:25,440 --> 19:05:28,360 normal stack of things that we're 29029 19:05:26,800 --> 19:05:29,960 showing you here so yeah those are the 29030 19:05:28,360 --> 19:05:32,240 different marketplaces I would recommend 29031 19:05:29,960 --> 19:05:33,832 expanding into once the time is right I 29032 19:05:32,240 --> 19:05:36,480 would not do it any sooner take it from 29033 19:05:33,832 --> 19:05:38,040 me it'll lead to just more headaches and 29034 19:05:36,480 --> 19:05:41,552 less profit thanks for watching and I'll 29035 19:05:38,040 --> 19:05:41,552 see you in the next lesson 29036 19:05:43,270 --> 19:05:46,380 [Music] 29037 19:05:49,870 --> 19:05:52,440 [Music] 29038 19:05:51,400 --> 19:05:55,280 this lesson we're going to be talking 29039 19:05:52,440 --> 19:05:58,192 about how we can increase or scale our 29040 19:05:55,280 --> 19:06:00,720 LTV your lifetime value of our existing 29041 19:05:58,192 --> 19:06:03,600 customers and here's a screenshot that I 29042 19:06:00,720 --> 19:06:05,000 posted in the school group the other day 29043 19:06:03,600 --> 19:06:08,280 of from the store that we're running 29044 19:06:05,000 --> 19:06:10,920 right now every line in this screenshot 29045 19:06:08,280 --> 19:06:13,040 represents uh a different customer who 29046 19:06:10,920 --> 19:06:15,080 has come back and bought from our store 29047 19:06:13,040 --> 19:06:17,080 couple of times times spending hundreds 29048 19:06:15,080 --> 19:06:19,320 and thousands of dollars and this is a 29049 19:06:17,080 --> 19:06:21,480 store that's just8 or 9 months old so 29050 19:06:19,320 --> 19:06:22,920 already we have like really passionate 29051 19:06:21,480 --> 19:06:25,280 customers who love the brand that come 29052 19:06:22,920 --> 19:06:26,760 back and buy again and again question 29053 19:06:25,280 --> 19:06:28,512 that we're answering this video is how 29054 19:06:26,760 --> 19:06:30,040 do we achieve that and how do we 29055 19:06:28,512 --> 19:06:31,600 increase the lifetime value of a 29056 19:06:30,040 --> 19:06:33,480 customer and the good news is that this 29057 19:06:31,600 --> 19:06:35,480 is the one scaling strategy that is the 29058 19:06:33,480 --> 19:06:38,160 least Technical and it's the most human 29059 19:06:35,480 --> 19:06:39,600 focused and it's a pretty the answers to 29060 19:06:38,160 --> 19:06:41,192 these questions are like pretty obvious 29061 19:06:39,600 --> 19:06:42,512 it's if somebody and back to our brick 29062 19:06:41,192 --> 19:06:44,480 and mortar store example if somebody 29063 19:06:42,512 --> 19:06:46,080 walked into your shop what would you say 29064 19:06:44,480 --> 19:06:47,920 what would you do how would you help 29065 19:06:46,080 --> 19:06:49,160 that person who walks in and buy 29066 19:06:47,920 --> 19:06:50,872 something how would you make sure that 29067 19:06:49,160 --> 19:06:52,872 they come back and buy from you again 29068 19:06:50,872 --> 19:06:55,000 and again how would you overd deliver on 29069 19:06:52,872 --> 19:06:56,280 that customer experience and this is a 29070 19:06:55,000 --> 19:06:58,920 great thought experiment that I heard 29071 19:06:56,280 --> 19:07:00,320 from Alex Heros he said if you're it's 29072 19:06:58,920 --> 19:07:02,232 just a thought experiment it's not meant 29073 19:07:00,320 --> 19:07:04,400 to be taken literally but imagine if 29074 19:07:02,232 --> 19:07:07,120 your product if you had to lower the 29075 19:07:04,400 --> 19:07:09,440 price of your product down to $1 what 29076 19:07:07,120 --> 19:07:10,872 would you do to make it easier to 29077 19:07:09,440 --> 19:07:12,760 fulfill that product what would you do 29078 19:07:10,872 --> 19:07:15,120 to make it sustainable so you could 29079 19:07:12,760 --> 19:07:17,680 actually make re Vue or profit off of 29080 19:07:15,120 --> 19:07:19,552 that and the inverse is if you were to 29081 19:07:17,680 --> 19:07:21,512 increase the price of your product by 29082 19:07:19,552 --> 19:07:24,120 100x what would you fulfill for that 29083 19:07:21,512 --> 19:07:26,000 person to make it worth that 100x more 29084 19:07:24,120 --> 19:07:27,640 and now we're selling T-shirts it's a 29085 19:07:26,000 --> 19:07:29,280 little bit of a different example but 29086 19:07:27,640 --> 19:07:32,440 think about it in your brand if you were 29087 19:07:29,280 --> 19:07:34,552 to charge people $100 or 100 times more 29088 19:07:32,440 --> 19:07:36,720 how could you overd deliver in ways that 29089 19:07:34,552 --> 19:07:38,512 are and this is the important piece in 29090 19:07:36,720 --> 19:07:40,760 ways that are infinitely scalable and 29091 19:07:38,512 --> 19:07:42,680 cost you nothing what are the onetime 29092 19:07:40,760 --> 19:07:45,400 things that you could do what are the 29093 19:07:42,680 --> 19:07:47,800 info products or ebooks or like extra 29094 19:07:45,400 --> 19:07:49,920 value on top of what a customer is 29095 19:07:47,800 --> 19:07:51,552 receiving that would guarantee that they 29096 19:07:49,920 --> 19:07:53,160 want to come back and buy from you again 29097 19:07:51,552 --> 19:07:55,160 and get them to walk out of your shop 29098 19:07:53,160 --> 19:07:56,512 saying wow that place was amazing one I 29099 19:07:55,160 --> 19:07:59,160 got to tell everybody but two I'm 29100 19:07:56,512 --> 19:08:01,080 definitely going to be back and so some 29101 19:07:59,160 --> 19:08:03,600 of the things that we've done is invest 29102 19:08:01,080 --> 19:08:05,360 in whatever your Niche is making ebooks 29103 19:08:03,600 --> 19:08:07,040 or like things that doesn't have to be a 29104 19:08:05,360 --> 19:08:08,440 book but something that's digital that 29105 19:08:07,040 --> 19:08:10,000 you're audience would find really 29106 19:08:08,440 --> 19:08:12,800 valuable so that's like access to a 29107 19:08:10,000 --> 19:08:15,360 community like digital content ebooks 29108 19:08:12,800 --> 19:08:17,232 swipe files like all kinds of different 29109 19:08:15,360 --> 19:08:19,720 stuff if you're in the gardening Niche 29110 19:08:17,232 --> 19:08:23,120 hire somebody off of Fiverr or buy one 29111 19:08:19,720 --> 19:08:25,120 like a Gardening Guide to 2024 something 29112 19:08:23,120 --> 19:08:27,512 like that and whenever people are 29113 19:08:25,120 --> 19:08:29,280 checking out give them that ebook along 29114 19:08:27,512 --> 19:08:31,232 with you know their t-shirt and give it 29115 19:08:29,280 --> 19:08:32,720 to them completely for free so just 29116 19:08:31,232 --> 19:08:35,280 think of ways that like you can overd 29117 19:08:32,720 --> 19:08:38,800 deliver on value is number one number 29118 19:08:35,280 --> 19:08:41,360 two is setting low expectations up front 29119 19:08:38,800 --> 19:08:42,960 and certainly never over setting 29120 19:08:41,360 --> 19:08:45,360 expectations too high I talked about 29121 19:08:42,960 --> 19:08:47,232 this with the delivery times for example 29122 19:08:45,360 --> 19:08:49,040 we never tell people like it's going to 29123 19:08:47,232 --> 19:08:50,832 be as fast as we think it's going to be 29124 19:08:49,040 --> 19:08:53,000 we always set it to be a couple days 29125 19:08:50,832 --> 19:08:55,400 slower so that when it arrives they're 29126 19:08:53,000 --> 19:08:57,760 Blown Away third thing is amazing 29127 19:08:55,400 --> 19:08:59,440 customer service is an absolute must 29128 19:08:57,760 --> 19:09:01,960 customer is always right take that to 29129 19:08:59,440 --> 19:09:04,192 the nth degree like in your email 29130 19:09:01,960 --> 19:09:05,832 tickets and responses to your customer 29131 19:09:04,192 --> 19:09:08,440 they should it doesn't matter how rude 29132 19:09:05,832 --> 19:09:10,640 they are how mean how in the wrong that 29133 19:09:08,440 --> 19:09:13,832 customer is treat them as if they are 29134 19:09:10,640 --> 19:09:16,440 royalty and that is one way certainly to 29135 19:09:13,832 --> 19:09:19,000 maximize your LTV we've had people that 29136 19:09:16,440 --> 19:09:21,440 write in pissed off clearly just mad in 29137 19:09:19,000 --> 19:09:22,720 life in general you can't get M that mad 29138 19:09:21,440 --> 19:09:25,280 at a t-shirt but they're just like 29139 19:09:22,720 --> 19:09:27,512 seething and then the customer service 29140 19:09:25,280 --> 19:09:29,000 GPT that we set up where we teach it to 29141 19:09:27,512 --> 19:09:31,640 talk really nicely and in the brand 29142 19:09:29,000 --> 19:09:33,720 voice and stuff it responds extremely 29143 19:09:31,640 --> 19:09:35,512 well gives them a full refund apologizes 29144 19:09:33,720 --> 19:09:37,640 and gives them a gift card we've had 29145 19:09:35,512 --> 19:09:39,512 people go from seething hating our guts 29146 19:09:37,640 --> 19:09:41,192 like trying to find our home addresses 29147 19:09:39,512 --> 19:09:44,040 literally I've gotten like letters sent 29148 19:09:41,192 --> 19:09:45,872 to my home it's freaky and they go from 29149 19:09:44,040 --> 19:09:47,280 that to saying I'm going to tell oh my 29150 19:09:45,872 --> 19:09:48,680 God I just ordered five more shirts I'm 29151 19:09:47,280 --> 19:09:51,512 going to tell all my friends and family 29152 19:09:48,680 --> 19:09:54,832 about you so customer service is another 29153 19:09:51,512 --> 19:09:56,480 one fourth way to maximize your LTV is 29154 19:09:54,832 --> 19:09:58,440 you think about it and that person came 29155 19:09:56,480 --> 19:10:00,400 into your store and there was a certain 29156 19:09:58,440 --> 19:10:02,280 selection of products and they didn't 29157 19:10:00,400 --> 19:10:03,960 buy all the products because they only 29158 19:10:02,280 --> 19:10:05,800 picked out the ones they wanted but then 29159 19:10:03,960 --> 19:10:08,040 imagine if next time that person comes 29160 19:10:05,800 --> 19:10:10,040 into your store there's a whole new wall 29161 19:10:08,040 --> 19:10:12,400 of brand new Fresh Products for them to 29162 19:10:10,040 --> 19:10:14,760 look at high much higher likelihood of 29163 19:10:12,400 --> 19:10:16,640 them buying from you again especially if 29164 19:10:14,760 --> 19:10:19,232 they see a billboard or you send them a 29165 19:10:16,640 --> 19:10:21,080 leaflet AKA an email saying hey we just 29166 19:10:19,232 --> 19:10:22,640 got a brand new wall of products come in 29167 19:10:21,080 --> 19:10:23,920 and check them out if you want that's a 29168 19:10:22,640 --> 19:10:26,720 real reason for them to come back and 29169 19:10:23,920 --> 19:10:28,832 buy from you again and so the dropping 29170 19:10:26,720 --> 19:10:31,320 the metaphor we send email we are 29171 19:10:28,832 --> 19:10:33,192 constantly making new designs and those 29172 19:10:31,320 --> 19:10:35,600 email blasts to our customers our 29173 19:10:33,192 --> 19:10:37,360 existing customer list are by far the 29174 19:10:35,600 --> 19:10:39,512 top converting like we'll send an email 29175 19:10:37,360 --> 19:10:41,680 saying new collection of designs put 29176 19:10:39,512 --> 19:10:43,552 that collection on a put those designs 29177 19:10:41,680 --> 19:10:45,440 on a new collection URL called new 29178 19:10:43,552 --> 19:10:46,760 designs or whatever and then so that's 29179 19:10:45,440 --> 19:10:48,080 like in the header when they click on 29180 19:10:46,760 --> 19:10:49,480 the email so that they're immediately 29181 19:10:48,080 --> 19:10:51,040 rewarded with feeling like they're 29182 19:10:49,480 --> 19:10:53,320 they're actually seeing what they signed 29183 19:10:51,040 --> 19:10:54,920 up to see and even if you don't give 29184 19:10:53,320 --> 19:10:57,040 them any discount or anything just 29185 19:10:54,920 --> 19:10:58,680 seeing those new designs those emails 29186 19:10:57,040 --> 19:11:01,040 always do at least a couple Grand in 29187 19:10:58,680 --> 19:11:03,080 sales with no discount of any kind but 29188 19:11:01,040 --> 19:11:06,160 if we just had the same stagnant 29189 19:11:03,080 --> 19:11:07,872 collection of 100 designs or so then 29190 19:11:06,160 --> 19:11:09,920 there's they've seen every design we 29191 19:11:07,872 --> 19:11:11,680 have and so it doesn't matter how nice 29192 19:11:09,920 --> 19:11:14,000 we are how good our customer service is 29193 19:11:11,680 --> 19:11:15,400 whatever if there's no more them to buy 29194 19:11:14,000 --> 19:11:17,600 then like they're not going to come back 29195 19:11:15,400 --> 19:11:19,232 and buy from us again so those are a 29196 19:11:17,600 --> 19:11:21,160 couple of the ways that we get numbers 29197 19:11:19,232 --> 19:11:22,960 like these but it all comes down to the 29198 19:11:21,160 --> 19:11:25,440 customer experience genuinely caring 29199 19:11:22,960 --> 19:11:28,080 about them and they're always right in 29200 19:11:25,440 --> 19:11:29,872 customer service giving refunds for 29201 19:11:28,080 --> 19:11:31,680 everything it doesn't matter like how 29202 19:11:29,872 --> 19:11:33,832 much it costs or how much it feels like 29203 19:11:31,680 --> 19:11:35,760 it costs in your cost of good sold it's 29204 19:11:33,832 --> 19:11:37,280 PRI number one if anything was wrong on 29205 19:11:35,760 --> 19:11:39,360 their end they always they're great 29206 19:11:37,280 --> 19:11:41,360 about giving full refunds but even if it 29207 19:11:39,360 --> 19:11:43,320 wasn't printify and like the person just 29208 19:11:41,360 --> 19:11:45,192 messed up give them a full refund no 29209 19:11:43,320 --> 19:11:47,720 matter what guarantee that's how you get 29210 19:11:45,192 --> 19:11:49,280 ltvs like this is by being that truly 29211 19:11:47,720 --> 19:11:51,600 dedicated to the customer always being 29212 19:11:49,280 --> 19:11:53,640 right and then consistently bringing out 29213 19:11:51,600 --> 19:11:55,320 new products that your customers love 29214 19:11:53,640 --> 19:11:57,040 that'll get them to come back and the 29215 19:11:55,320 --> 19:11:58,800 last thing I want to mention is actually 29216 19:11:57,040 --> 19:12:00,920 building a relationship with the 29217 19:11:58,800 --> 19:12:02,640 customer is huge and I talked about this 29218 19:12:00,920 --> 19:12:04,440 in the email section but viewing your 29219 19:12:02,640 --> 19:12:06,192 emails and every communication with your 29220 19:12:04,440 --> 19:12:08,320 customer thinking of it as like how is 29221 19:12:06,192 --> 19:12:11,640 this building the relationship with them 29222 19:12:08,320 --> 19:12:13,232 and letting no touch Point go unturned 29223 19:12:11,640 --> 19:12:16,192 like in the beginning there's a lot of 29224 19:12:13,232 --> 19:12:18,280 stock or like C emails that Shopify has 29225 19:12:16,192 --> 19:12:21,192 pre-built go through and customize all 29226 19:12:18,280 --> 19:12:23,000 of those and like really build a a 29227 19:12:21,192 --> 19:12:25,120 relationship with them I'll show you an 29228 19:12:23,000 --> 19:12:26,872 example this so this was a a 29229 19:12:25,120 --> 19:12:29,960 confirmation email from a company called 29230 19:12:26,872 --> 19:12:31,280 CD bab from years and years ago but I 29231 19:12:29,960 --> 19:12:33,600 just want to read it to you really 29232 19:12:31,280 --> 19:12:36,232 quickly CU it's a fantastic example of 29233 19:12:33,600 --> 19:12:37,600 how to build a relationship and kind of 29234 19:12:36,232 --> 19:12:39,680 make something ambiguous a little bit 29235 19:12:37,600 --> 19:12:41,872 more tangible so this was the 29236 19:12:39,680 --> 19:12:44,920 confirmation email they were like a CD 29237 19:12:41,872 --> 19:12:46,800 company suspect in 1998 this was the 29238 19:12:44,920 --> 19:12:48,680 confirmation email that people got when 29239 19:12:46,800 --> 19:12:50,512 they received or when they purchased 29240 19:12:48,680 --> 19:12:53,160 from CD Baby thank you for your order 29241 19:12:50,512 --> 19:12:55,120 from CD Baby your CD has been gently 29242 19:12:53,160 --> 19:12:57,000 taken from our CD Baby shelves with 29243 19:12:55,120 --> 19:12:59,192 sterilized contamination free gloves and 29244 19:12:57,000 --> 19:13:01,800 plac on a satin pillow a team of 50 29245 19:12:59,192 --> 19:13:03,320 employees inspect inspected your CD and 29246 19:13:01,800 --> 19:13:05,160 Polished it to make sure it was the best 29247 19:13:03,320 --> 19:13:07,600 possible condition before mailing our 29248 19:13:05,160 --> 19:13:09,440 packaging specialist from Japan lit a 29249 19:13:07,600 --> 19:13:11,960 candle and a hush fell over the crowd as 29250 19:13:09,440 --> 19:13:13,800 he put your CD into the finest Gold Line 29251 19:13:11,960 --> 19:13:15,640 box that that money can by I'll just 29252 19:13:13,800 --> 19:13:17,400 stop there cuz you get the point like 29253 19:13:15,640 --> 19:13:18,920 I'm smiling and laughing just reading it 29254 19:13:17,400 --> 19:13:21,360 now and I've read it a dozen times 29255 19:13:18,920 --> 19:13:23,440 before but this is an example imagine 29256 19:13:21,360 --> 19:13:25,552 being somebody like you just bought from 29257 19:13:23,440 --> 19:13:28,400 this company and you get a candy email 29258 19:13:25,552 --> 19:13:30,960 it says thanks your CD is on the way 90% 29259 19:13:28,400 --> 19:13:32,280 of emails or companies do just that 29260 19:13:30,960 --> 19:13:33,400 customer wouldn't think anything of it 29261 19:13:32,280 --> 19:13:35,320 but if you take the time to write 29262 19:13:33,400 --> 19:13:38,160 something like this that's hilarious and 29263 19:13:35,320 --> 19:13:40,320 funny and like shows like genuine like a 29264 19:13:38,160 --> 19:13:42,320 a personality behind the brand that's 29265 19:13:40,320 --> 19:13:43,960 something that not only is forget like 29266 19:13:42,320 --> 19:13:45,832 the viral markeet the fact that this has 29267 19:13:43,960 --> 19:13:48,512 been shared thousands and thousands of 29268 19:13:45,832 --> 19:13:50,512 times but two like you actually identify 29269 19:13:48,512 --> 19:13:52,000 with that and like you want to now you 29270 19:13:50,512 --> 19:13:54,600 feel like you have an experience with 29271 19:13:52,000 --> 19:13:56,120 that brand and anytime you see their 29272 19:13:54,600 --> 19:13:57,512 emails or something in the future you're 29273 19:13:56,120 --> 19:13:59,040 going to click on it because you 29274 19:13:57,512 --> 19:14:00,600 remember the emotion that you got from 29275 19:13:59,040 --> 19:14:02,080 reading that that's the the last way 29276 19:14:00,600 --> 19:14:03,832 that I'll mention to build a 29277 19:14:02,080 --> 19:14:05,640 relationship with your customers is to 29278 19:14:03,832 --> 19:14:07,552 give them something that they can 29279 19:14:05,640 --> 19:14:09,552 identify something doesn't have to be 29280 19:14:07,552 --> 19:14:11,480 like this perfectly written but just 29281 19:14:09,552 --> 19:14:13,232 something that shows like personality 29282 19:14:11,480 --> 19:14:15,000 and some uniqueness to your brain and 29283 19:14:13,232 --> 19:14:17,512 that you're not just a generic t-shirt 29284 19:14:15,000 --> 19:14:18,600 store and that'll go a long way the Crux 29285 19:14:17,512 --> 19:14:19,960 of it at the end of the day is getting 29286 19:14:18,600 --> 19:14:21,480 people to buy from you because of the 29287 19:14:19,960 --> 19:14:23,192 brand that you are and not just because 29288 19:14:21,480 --> 19:14:25,232 of the T-shirt or because of the design 29289 19:14:23,192 --> 19:14:29,120 you have once you get to that point LTV 29290 19:14:25,232 --> 19:14:29,120 skyrockets and the rest is 29291 19:14:31,290 --> 19:14:36,080 [Music] 29292 19:14:38,400 --> 19:14:42,000 history this lesson we're going to be 29293 19:14:40,232 --> 19:14:44,552 talking about how to scale your product 29294 19:14:42,000 --> 19:14:46,440 catalog or the selection of products 29295 19:14:44,552 --> 19:14:49,800 that you're able to carry on your store 29296 19:14:46,440 --> 19:14:51,640 and this lesson is very supply chain and 29297 19:14:49,800 --> 19:14:53,400 technically driven if you pictured like 29298 19:14:51,640 --> 19:14:55,760 your ideal product catalog say I was a 29299 19:14:53,400 --> 19:14:57,760 yoga store hypothetically when I wanted 29300 19:14:55,760 --> 19:14:59,192 to expand my product catalog again just 29301 19:14:57,760 --> 19:15:00,512 going to repeat it again once I get past 29302 19:14:59,192 --> 19:15:02,160 the point of like doing a couple million 29303 19:15:00,512 --> 19:15:03,600 dollars a year I've already dialed in 29304 19:15:02,160 --> 19:15:06,000 everything else and then I decide it's 29305 19:15:03,600 --> 19:15:08,120 the best time I really want to grow and 29306 19:15:06,000 --> 19:15:10,400 I really like the idea of like launching 29307 19:15:08,120 --> 19:15:11,720 new products it seems fulfilling to me 29308 19:15:10,400 --> 19:15:13,552 it would be fun for me I'm not just 29309 19:15:11,720 --> 19:15:15,760 doing it out of some drive to make more 29310 19:15:13,552 --> 19:15:17,040 money and which is fine if that's you 29311 19:15:15,760 --> 19:15:19,000 but it's going to end up being a 29312 19:15:17,040 --> 19:15:21,600 nightmare because expanding your product 29313 19:15:19,000 --> 19:15:24,920 catalog especially out of being a pral 29314 19:15:21,600 --> 19:15:27,600 demand company is a huge supply chain 29315 19:15:24,920 --> 19:15:29,440 like learning it's a huge supply chain 29316 19:15:27,600 --> 19:15:31,480 like knowledge opportunity for growth 29317 19:15:29,440 --> 19:15:33,600 put it as positively as possible cuz and 29318 19:15:31,480 --> 19:15:36,192 I'll give the example yoga day like we 29319 19:15:33,600 --> 19:15:37,720 were selling t-shirts and tank tops we 29320 19:15:36,192 --> 19:15:40,320 and then I decided I want to sell yoga 29321 19:15:37,720 --> 19:15:43,400 mats now I can't just sell t-shirts and 29322 19:15:40,320 --> 19:15:45,320 tank tops and then add on yoga mats 29323 19:15:43,400 --> 19:15:47,080 because one yoga mats aren't available 29324 19:15:45,320 --> 19:15:49,080 anywhere on printify or any print on 29325 19:15:47,080 --> 19:15:52,040 demand supplier for that matter so I 29326 19:15:49,080 --> 19:15:54,640 have to go to uh China or somewhere in 29327 19:15:52,040 --> 19:15:56,760 the US find a supplier order samples 29328 19:15:54,640 --> 19:15:58,280 figure out what the best quality is go 29329 19:15:56,760 --> 19:16:00,512 through that whole process of sourcing 29330 19:15:58,280 --> 19:16:01,960 the products then once I find I go 29331 19:16:00,512 --> 19:16:03,552 through 10 different suppliers order a 29332 19:16:01,960 --> 19:16:05,480 bunch of samples that takes four to 6 29333 19:16:03,552 --> 19:16:07,000 weeks I choose the one that I like the 29334 19:16:05,480 --> 19:16:08,360 best then I go back and forth with them 29335 19:16:07,000 --> 19:16:10,232 on the designs that I want print on the 29336 19:16:08,360 --> 19:16:11,920 mats make sure they get the logo right 29337 19:16:10,232 --> 19:16:13,400 and the best placement then I ordered 29338 19:16:11,920 --> 19:16:16,080 more samples of those 29339 19:16:13,400 --> 19:16:17,960 so end to end it's 3 to 6 months before 29340 19:16:16,080 --> 19:16:20,760 I finalized A supplier then I'm like 29341 19:16:17,960 --> 19:16:22,232 okay I'm ready to order a test order of 29342 19:16:20,760 --> 19:16:24,280 a couple thousand mats if you're smart 29343 19:16:22,232 --> 19:16:26,040 you're going to run test ads first to 29344 19:16:24,280 --> 19:16:27,800 your product catalog to make sure that 29345 19:16:26,040 --> 19:16:29,960 people are actually going to buy you do 29346 19:16:27,800 --> 19:16:31,920 test traffic conversion ads on your 29347 19:16:29,960 --> 19:16:33,800 website to set up a new collection page 29348 19:16:31,920 --> 19:16:35,680 make all the product mockups as if you 29349 19:16:33,800 --> 19:16:37,760 already had them in stock send the 29350 19:16:35,680 --> 19:16:39,120 traffic get people to purchase and you 29351 19:16:37,760 --> 19:16:40,192 can't just email people and say hey are 29352 19:16:39,120 --> 19:16:41,440 you interested in this you have to 29353 19:16:40,192 --> 19:16:43,800 actually get them to buy from your 29354 19:16:41,440 --> 19:16:45,160 website cuz people vote very differently 29355 19:16:43,800 --> 19:16:46,960 with their credit cards than they do 29356 19:16:45,160 --> 19:16:49,680 with just when there's no Stakes 29357 19:16:46,960 --> 19:16:51,760 attached so validate the idea first 29358 19:16:49,680 --> 19:16:53,360 before you even do any of this once it's 29359 19:16:51,760 --> 19:16:55,400 validated figure out what are the 29360 19:16:53,360 --> 19:16:56,920 designs of which types of the products 29361 19:16:55,400 --> 19:16:58,160 should you invest in the most like with 29362 19:16:56,920 --> 19:17:00,600 yoga mats we were putting different 29363 19:16:58,160 --> 19:17:02,640 designs on it we ended up ordering I 29364 19:17:00,600 --> 19:17:03,760 don't know 20,000 mats or so maybe a 29365 19:17:02,640 --> 19:17:06,480 little less it might have been like 29366 19:17:03,760 --> 19:17:08,232 10,000 to start and then we the mistake 29367 19:17:06,480 --> 19:17:10,552 that we made is that we we didn't have 29368 19:17:08,232 --> 19:17:12,800 like clear projections of how many we 29369 19:17:10,552 --> 19:17:15,080 could expect to sell of each design so 29370 19:17:12,800 --> 19:17:17,120 we ended up ordering like close to the 29371 19:17:15,080 --> 19:17:18,512 same amount for every design then 29372 19:17:17,120 --> 19:17:20,512 similar to our t-shirts there ended up 29373 19:17:18,512 --> 19:17:22,280 being like two or three top sellers so 29374 19:17:20,512 --> 19:17:24,600 then all the rest of the yoga mats ended 29375 19:17:22,280 --> 19:17:26,400 up being lower sellers so we ended up 29376 19:17:24,600 --> 19:17:28,600 with some dead inventory which that 29377 19:17:26,400 --> 19:17:30,120 sucks but the part that I was getting at 29378 19:17:28,600 --> 19:17:32,480 is you go through the 3 to six months of 29379 19:17:30,120 --> 19:17:34,600 finding the supplier all that then you 29380 19:17:32,480 --> 19:17:36,920 have to work with a 3pl remember a 29381 19:17:34,600 --> 19:17:39,160 company like shipmonk or somebody that I 29382 19:17:36,920 --> 19:17:40,960 can ship the yoga mats from China which 29383 19:17:39,160 --> 19:17:43,832 even forget about Imports and all that 29384 19:17:40,960 --> 19:17:45,800 stuff ship the products from China to 29385 19:17:43,832 --> 19:17:47,600 the US in the US it goes to that 29386 19:17:45,800 --> 19:17:49,872 Warehouse stocks it on their shelves and 29387 19:17:47,600 --> 19:17:51,960 then when an order comes in from Shopify 29388 19:17:49,872 --> 19:17:54,120 they will then Pick and Pack and put it 29389 19:17:51,960 --> 19:17:56,120 in a box and ship it to the customer and 29390 19:17:54,120 --> 19:17:58,120 they'll charge us the shipping cost now 29391 19:17:56,120 --> 19:18:01,080 the the important thing is that what 29392 19:17:58,120 --> 19:18:02,600 happens if a customer from our website 29393 19:18:01,080 --> 19:18:04,512 like they can browse everything what 29394 19:18:02,600 --> 19:18:06,960 happens if they buy a t-shirt from 29395 19:18:04,512 --> 19:18:09,160 printify and a yoga mat then what 29396 19:18:06,960 --> 19:18:10,960 happens cuz you can't charge them like 29397 19:18:09,160 --> 19:18:14,080 double shipping so then they be getting 29398 19:18:10,960 --> 19:18:16,800 charged $4.75 or $4.95 whatever your 29399 19:18:14,080 --> 19:18:18,320 shipping cost is plus another five bucks 29400 19:18:16,800 --> 19:18:20,480 that's 10 bucks just for shipping and 29401 19:18:18,320 --> 19:18:22,920 they're spending 50 bucks on all the 29402 19:18:20,480 --> 19:18:24,512 product that like that math doesn't math 29403 19:18:22,920 --> 19:18:26,320 you like would have a terrible 29404 19:18:24,512 --> 19:18:27,832 conversion rate at that point and you 29405 19:18:26,320 --> 19:18:29,720 can't pass all that cost on to the 29406 19:18:27,832 --> 19:18:32,280 customer so what do you do and the 29407 19:18:29,720 --> 19:18:34,800 solution that we came up with is it's 29408 19:18:32,280 --> 19:18:36,512 either one of two things either a you 29409 19:18:34,800 --> 19:18:39,400 find a place that's able to do print on 29410 19:18:36,512 --> 19:18:41,872 demand plus copack so like a printify or 29411 19:18:39,400 --> 19:18:43,480 Monster Digital that also offers the 29412 19:18:41,872 --> 19:18:45,320 ability to fill your your products so 29413 19:18:43,480 --> 19:18:47,080 they have all those really nice printers 29414 19:18:45,320 --> 19:18:48,720 in one facility this is one roof they 29415 19:18:47,080 --> 19:18:51,320 have all the really nice printers they 29416 19:18:48,720 --> 19:18:52,640 have all the stock of like blanks and 29417 19:18:51,320 --> 19:18:54,832 stuff like that so they can fulfill your 29418 19:18:52,640 --> 19:18:56,320 t-shirts and then on the other side they 29419 19:18:54,832 --> 19:18:58,360 have all the warehouse shelves where 29420 19:18:56,320 --> 19:19:01,040 they store all of your goods then when 29421 19:18:58,360 --> 19:19:02,760 an order comes in they will print if 29422 19:19:01,040 --> 19:19:04,832 there's a T-shirt and a yoga mat they 29423 19:19:02,760 --> 19:19:06,440 would print the T-shirt then they would 29424 19:19:04,832 --> 19:19:09,120 go and grab the yoga mat put it in the 29425 19:19:06,440 --> 19:19:11,080 same packaging and ship it and that ends 29426 19:19:09,120 --> 19:19:12,920 up being like less than half of what the 29427 19:19:11,080 --> 19:19:14,872 shipping cost would have been two chall 29428 19:19:12,920 --> 19:19:16,680 of that number one those places are very 29429 19:19:14,872 --> 19:19:18,552 hard to find if you're at that point and 29430 19:19:16,680 --> 19:19:20,160 that's what you want to do reach out to 29431 19:19:18,552 --> 19:19:21,512 me directly and I have some 29432 19:19:20,160 --> 19:19:23,552 recommendations cuz I've gone through 29433 19:19:21,512 --> 19:19:25,480 this whole process so I can introduce 29434 19:19:23,552 --> 19:19:27,360 you to some people but the second 29435 19:19:25,480 --> 19:19:29,480 challenge is a lot of times they won't 29436 19:19:27,360 --> 19:19:31,192 have like the same colors and stuff that 29437 19:19:29,480 --> 19:19:33,872 you know you have on printify so you end 29438 19:19:31,192 --> 19:19:35,552 up having to do like a complete overhaul 29439 19:19:33,872 --> 19:19:37,800 and like switching off of printify 29440 19:19:35,552 --> 19:19:39,480 entirely which is Nightmare I've done it 29441 19:19:37,800 --> 19:19:40,920 and now I'm back on printify so that 29442 19:19:39,480 --> 19:19:43,832 should tell you something the second 29443 19:19:40,920 --> 19:19:45,320 option would be you can find just a 3pl 29444 19:19:43,832 --> 19:19:48,160 like just a shipmonk or somebody like 29445 19:19:45,320 --> 19:19:49,960 them and then find a supplier to produce 29446 19:19:48,160 --> 19:19:51,480 all your t-shirts pre-print them all 29447 19:19:49,960 --> 19:19:53,400 using screen printing which we'll talk 29448 19:19:51,480 --> 19:19:55,120 about in the cost of goods section but 29449 19:19:53,400 --> 19:19:56,552 screen print them all it's a lot cheaper 29450 19:19:55,120 --> 19:19:58,040 but the problem with print on demand or 29451 19:19:56,552 --> 19:20:00,320 selling T-shirts is that there's so many 29452 19:19:58,040 --> 19:20:01,640 different variants and skews so it's not 29453 19:20:00,320 --> 19:20:04,480 like you're just ordering okay I'll 29454 19:20:01,640 --> 19:20:05,872 order 10 of the the happy t-shirt it's 29455 19:20:04,480 --> 19:20:08,552 like okay I want to order 10 of the 29456 19:20:05,872 --> 19:20:11,192 happy t-shirt but then we have six small 29457 19:20:08,552 --> 19:20:13,232 medium large XL 2XL I think we have 29458 19:20:11,192 --> 19:20:16,320 extra small yeah we have six size 29459 19:20:13,232 --> 19:20:17,800 six sizes eight different colors 47 29460 19:20:16,320 --> 19:20:19,872 different variants and that's one 29461 19:20:17,800 --> 19:20:23,440 t-shirt then you have 100 different 29462 19:20:19,872 --> 19:20:25,360 designs that's 4700 different variants 29463 19:20:23,440 --> 19:20:27,920 that now and you can't just buy one of 29464 19:20:25,360 --> 19:20:29,920 each you have to forecast and like 29465 19:20:27,920 --> 19:20:32,160 you're probably selling far more XLS and 29466 19:20:29,920 --> 19:20:34,080 2 XLS and then on some designs you might 29467 19:20:32,160 --> 19:20:37,040 be selling a lot more Smalls and extra 29468 19:20:34,080 --> 19:20:38,832 smalls so you have to order more Smalls 29469 19:20:37,040 --> 19:20:40,720 and extra Smalls on One Design then you 29470 19:20:38,832 --> 19:20:42,832 have to order more of the larges on 29471 19:20:40,720 --> 19:20:44,480 another option is okay you don't want to 29472 19:20:42,832 --> 19:20:46,360 that many variants cut out all the 29473 19:20:44,480 --> 19:20:47,720 colors but one then there's going to be 29474 19:20:46,360 --> 19:20:48,680 some people that like the design but 29475 19:20:47,720 --> 19:20:51,280 they don't want to buy it because they 29476 19:20:48,680 --> 19:20:53,360 don't like the color so that cuts down 29477 19:20:51,280 --> 19:20:54,640 on your conversion rate and even there 29478 19:20:53,360 --> 19:20:56,192 you're still dealing with eight 29479 19:20:54,640 --> 19:20:58,720 different variants or six different 29480 19:20:56,192 --> 19:21:00,720 variants for one design 600 variants 29481 19:20:58,720 --> 19:21:02,480 across a collection of 100 products plus 29482 19:21:00,720 --> 19:21:04,760 whenever you want to launch new designs 29483 19:21:02,480 --> 19:21:06,192 you then have to go to that 3pl or 29484 19:21:04,760 --> 19:21:07,960 somewhere in China or wherever that 29485 19:21:06,192 --> 19:21:09,512 they're printing all your Designs Plus 29486 19:21:07,960 --> 19:21:11,120 you have quality issues and all shipping 29487 19:21:09,512 --> 19:21:12,800 delays all that kind of stuff you have 29488 19:21:11,120 --> 19:21:15,320 to actually manage like pay paying for 29489 19:21:12,800 --> 19:21:19,080 the inventory upfront and not getting 29490 19:21:15,320 --> 19:21:20,480 the money back for 30 60 90 120 days so 29491 19:21:19,080 --> 19:21:22,192 cash flow becomes a much bigger 29492 19:21:20,480 --> 19:21:23,920 constraint it's no longer print on 29493 19:21:22,192 --> 19:21:25,600 demand where you get the money up front 29494 19:21:23,920 --> 19:21:27,480 and pay for it you know with the 29495 19:21:25,600 --> 19:21:29,360 customer's money essentially you're now 29496 19:21:27,480 --> 19:21:31,360 forking over the cash yourself so then 29497 19:21:29,360 --> 19:21:32,600 you have that exposure as well so 29498 19:21:31,360 --> 19:21:35,480 there's a whole lot of things to 29499 19:21:32,600 --> 19:21:38,000 consider much better way to expand is to 29500 19:21:35,480 --> 19:21:39,680 expand by looking at your product 29501 19:21:38,000 --> 19:21:41,320 catalog and seeing what are the other 29502 19:21:39,680 --> 19:21:43,192 print on demand products you can offer 29503 19:21:41,320 --> 19:21:45,440 now the challenge is if you're using 29504 19:21:43,192 --> 19:21:47,440 Monster Digital for example on printify 29505 19:21:45,440 --> 19:21:49,480 you have you want to look at and this is 29506 19:21:47,440 --> 19:21:50,960 how we expand we look at what are all 29507 19:21:49,480 --> 19:21:52,600 the other products that Monster Digital 29508 19:21:50,960 --> 19:21:54,920 offers they tend to be like pretty 29509 19:21:52,600 --> 19:21:56,720 specialized and AD just apparel but look 29510 19:21:54,920 --> 19:21:58,600 at what does Monster Digital have that 29511 19:21:56,720 --> 19:22:01,280 we can also offer and then offer those 29512 19:21:58,600 --> 19:22:03,440 first and then once I just feel like 29513 19:22:01,280 --> 19:22:06,040 diving into the supply chain 29514 19:22:03,440 --> 19:22:08,640 optimization playground of expanding my 29515 19:22:06,040 --> 19:22:11,040 product catalog then then I go that 29516 19:22:08,640 --> 19:22:12,640 route but it take it for me it is it can 29517 19:22:11,040 --> 19:22:14,720 quite literally become your full-time 29518 19:22:12,640 --> 19:22:16,920 job just managing the supply chain 29519 19:22:14,720 --> 19:22:18,920 especially for the number of variants 29520 19:22:16,920 --> 19:22:20,960 and SKS that you have as a print on 29521 19:22:18,920 --> 19:22:22,920 demand company so that's how we think 29522 19:22:20,960 --> 19:22:25,160 about scaling our product catalog long 29523 19:22:22,920 --> 19:22:27,600 story short we do the lowest hanging 29524 19:22:25,160 --> 19:22:30,440 fruit products first and then if we ever 29525 19:22:27,600 --> 19:22:32,760 really wanted to expand and blow past 29526 19:22:30,440 --> 19:22:34,000 like the $3 million a year level that's 29527 19:22:32,760 --> 19:22:35,800 where we would probably work with a 29528 19:22:34,000 --> 19:22:38,440 local print shop work with somebody 29529 19:22:35,800 --> 19:22:40,192 directly where they're able to print and 29530 19:22:38,440 --> 19:22:42,232 co-ack your products from the same 29531 19:22:40,192 --> 19:22:43,832 facility negotiate better rates with 29532 19:22:42,232 --> 19:22:46,440 them if you bring them a significant 29533 19:22:43,832 --> 19:22:48,000 amount of volume and grow from there but 29534 19:22:46,440 --> 19:22:49,760 again if you're considering going that 29535 19:22:48,000 --> 19:22:51,720 route reach out to me directly you 29536 19:22:49,760 --> 19:22:53,872 should already be doing a decent amount 29537 19:22:51,720 --> 19:22:56,832 of sales before you even consider that 29538 19:22:53,872 --> 19:22:58,192 but just a reason being one for you so 29539 19:22:56,832 --> 19:23:00,512 you actually have some cash flow that 29540 19:22:58,192 --> 19:23:02,400 you can invest into going that route but 29541 19:23:00,512 --> 19:23:04,872 two also so you can negotiate better 29542 19:23:02,400 --> 19:23:06,760 rates with the local print shop so yeah 29543 19:23:04,872 --> 19:23:08,600 that's how we think through expanding 29544 19:23:06,760 --> 19:23:10,832 our product catalog and scaling that way 29545 19:23:08,600 --> 19:23:13,120 it can be a great option uh once you're 29546 19:23:10,832 --> 19:23:15,400 at that point but and really become more 29547 19:23:13,120 --> 19:23:17,280 than just a print on demand brand so let 29548 19:23:15,400 --> 19:23:19,832 me know if you want to see more lessons 29549 19:23:17,280 --> 19:23:22,320 like this on how to like Source Products 29550 19:23:19,832 --> 19:23:24,120 and CU i' I've done a lot of it my old 29551 19:23:22,320 --> 19:23:27,440 business partner and I had done a ton of 29552 19:23:24,120 --> 19:23:29,160 it but nowadays we like Meg and I we 29553 19:23:27,440 --> 19:23:31,192 focus on just print on demand because 29554 19:23:29,160 --> 19:23:33,800 it's just so easy like you come up with 29555 19:23:31,192 --> 19:23:35,800 a new product by coming up with a design 29556 19:23:33,800 --> 19:23:38,160 uploading it and you're done no supply 29557 19:23:35,800 --> 19:23:39,832 chain no nothing you're able to test a 29558 19:23:38,160 --> 19:23:42,360 thousand new designs overnight if you 29559 19:23:39,832 --> 19:23:44,040 wanted to but if you're doing like 29560 19:23:42,360 --> 19:23:46,360 foring it yourself and going that whole 29561 19:23:44,040 --> 19:23:48,360 route it's a totally different ball game 29562 19:23:46,360 --> 19:23:50,800 and we're again we're perfectly happy at 29563 19:23:48,360 --> 19:23:53,000 the $2 to $3 million year level at 29564 19:23:50,800 --> 19:23:54,920 spending a handful of hours per week 29565 19:23:53,000 --> 19:23:56,920 that's just us if you have uh bigger 29566 19:23:54,920 --> 19:23:58,360 goals with your brand specifically we 29567 19:23:56,920 --> 19:23:59,872 have much bigger goals outside of just 29568 19:23:58,360 --> 19:24:01,680 Our Brands but when it comes to this 29569 19:23:59,872 --> 19:24:02,920 that's our Target maybe that resonates 29570 19:24:01,680 --> 19:24:04,440 with you or maybe you want to learn more 29571 19:24:02,920 --> 19:24:07,800 let me know and thanks for watching I'll 29572 19:24:04,440 --> 19:24:07,800 talk to you soon 29573 19:24:08,900 --> 19:24:17,960 [Music] 29574 19:24:16,872 --> 19:24:20,832 in this lesson we're going to be talking 29575 19:24:17,960 --> 19:24:22,760 about how to expand your markets that 29576 19:24:20,832 --> 19:24:24,800 you're fulfilling to from just the 29577 19:24:22,760 --> 19:24:27,320 United States or just one country to 29578 19:24:24,800 --> 19:24:29,760 International and the world in general 29579 19:24:27,320 --> 19:24:31,640 and first off the time to do this is 29580 19:24:29,760 --> 19:24:33,800 after you already have a store that is 29581 19:24:31,640 --> 19:24:37,232 running in the United States or just one 29582 19:24:33,800 --> 19:24:39,920 country I always start in the US prove 29583 19:24:37,232 --> 19:24:43,440 out the store get it to profitability 29584 19:24:39,920 --> 19:24:45,360 and then I expand worldwide and uh I'm 29585 19:24:43,440 --> 19:24:47,512 getting more lenient on that to just 29586 19:24:45,360 --> 19:24:49,800 just doing worldwide to begin with but 29587 19:24:47,512 --> 19:24:52,192 the reason I don't is because of some of 29588 19:24:49,800 --> 19:24:53,552 the Fulfillment and supply chain 29589 19:24:52,192 --> 19:24:56,960 headaches that we're going to talk about 29590 19:24:53,552 --> 19:24:58,800 here but it is a great way to pour fuel 29591 19:24:56,960 --> 19:25:00,680 on the fire and once you have a store 29592 19:24:58,800 --> 19:25:02,872 that is profitable in the US you can 29593 19:25:00,680 --> 19:25:04,920 basically just rep like duplicate just 29594 19:25:02,872 --> 19:25:07,280 sit down and do like laptop work for a 29595 19:25:04,920 --> 19:25:08,720 couple of hours and double your sales 29596 19:25:07,280 --> 19:25:10,800 pretty much overnight doing what we're 29597 19:25:08,720 --> 19:25:12,920 going to talk about here and on the ad 29598 19:25:10,800 --> 19:25:16,280 side all that I do is just duplicate the 29599 19:25:12,920 --> 19:25:18,512 USA campaigns switch it to uh worldwide 29600 19:25:16,280 --> 19:25:21,720 targeting excluding India Trinidad and 29601 19:25:18,512 --> 19:25:23,600 Tobago Pakistan and the US and then if 29602 19:25:21,720 --> 19:25:25,280 there's any like other countries that 29603 19:25:23,600 --> 19:25:26,640 seem to be taking up the majority of 29604 19:25:25,280 --> 19:25:29,040 your spend and it's just getting really 29605 19:25:26,640 --> 19:25:30,640 cheap clicks like Mexico is one that 29606 19:25:29,040 --> 19:25:32,640 I've heard from other people then yeah 29607 19:25:30,640 --> 19:25:34,232 just exclude those the goal is just 29608 19:25:32,640 --> 19:25:36,120 excluding countries that are just going 29609 19:25:34,232 --> 19:25:37,640 to suck up the clicks and not actually 29610 19:25:36,120 --> 19:25:38,872 convert if you just duplicate those 29611 19:25:37,640 --> 19:25:40,552 campaigns I don't even change the 29612 19:25:38,872 --> 19:25:41,920 language their native language I don't 29613 19:25:40,552 --> 19:25:44,040 do any of that literally just duplicate 29614 19:25:41,920 --> 19:25:46,000 the camp campaign change the targeting 29615 19:25:44,040 --> 19:25:48,120 and started off in low budget uh and 29616 19:25:46,000 --> 19:25:50,440 then ramp it up and nor typically in the 29617 19:25:48,120 --> 19:25:52,232 ads you'll see lower cost per click but 29618 19:25:50,440 --> 19:25:53,800 higher row as overall it's been my 29619 19:25:52,232 --> 19:25:54,920 experience and the problem with that for 29620 19:25:53,800 --> 19:25:56,480 the longest time was that we were 29621 19:25:54,920 --> 19:25:59,552 fulfilling all of our International 29622 19:25:56,480 --> 19:26:01,360 orders using the same us-based supplier 29623 19:25:59,552 --> 19:26:03,360 fortunately now we have a system and 29624 19:26:01,360 --> 19:26:05,640 we're using printify that fulfills those 29625 19:26:03,360 --> 19:26:07,760 orders using local printers so our cost 29626 19:26:05,640 --> 19:26:09,512 of goods is actually cheaper for the 29627 19:26:07,760 --> 19:26:11,680 most of the rest of the world outside of 29628 19:26:09,512 --> 19:26:13,280 the US and then like some country like 29629 19:26:11,680 --> 19:26:14,680 Asian countries there aren't printers 29630 19:26:13,280 --> 19:26:16,192 that we're able to use there so I'm 29631 19:26:14,680 --> 19:26:18,160 going to show you the system that we use 29632 19:26:16,192 --> 19:26:20,360 now that gets us really good cost of 29633 19:26:18,160 --> 19:26:22,280 goods so first off I want to show you 29634 19:26:20,360 --> 19:26:25,000 that here's our sales breakdown this is 29635 19:26:22,280 --> 19:26:26,960 just last 90 days on this store so you 29636 19:26:25,000 --> 19:26:28,832 can see International is pretty 29637 19:26:26,960 --> 19:26:32,440 substantial we've done 29638 19:26:28,832 --> 19:26:36,512 $264,000 in sales and only 105 of that 29639 19:26:32,440 --> 19:26:37,872 has come from the United States so 105 / 29640 19:26:36,512 --> 19:26:42,600 by 29641 19:26:37,872 --> 19:26:47,080 264 264 40% 41% 29642 19:26:42,600 --> 19:26:49,192 so it's 60/40 60% International 40% us 29643 19:26:47,080 --> 19:26:50,760 so once you have something that is good 29644 19:26:49,192 --> 19:26:53,160 like a store that's working well in the 29645 19:26:50,760 --> 19:26:55,280 US definitely recommend expanding 29646 19:26:53,160 --> 19:26:58,320 internationally and the Order of our top 29647 19:26:55,280 --> 19:27:00,232 countries are UK Germany Australia 29648 19:26:58,320 --> 19:27:02,960 Canada France Netherlands Italy New 29649 19:27:00,232 --> 19:27:05,080 Zealand Belgium but the biggest ones are 29650 19:27:02,960 --> 19:27:07,552 UK Germany Australia I haven't seen this 29651 19:27:05,080 --> 19:27:10,360 na before that's interesting Australia 29652 19:27:07,552 --> 19:27:12,440 Brazil is a big one too and but so in 29653 19:27:10,360 --> 19:27:13,832 order to actually fulfill to these 29654 19:27:12,440 --> 19:27:15,800 countries like what are the changes we 29655 19:27:13,832 --> 19:27:18,720 have to make number one is you have to 29656 19:27:15,800 --> 19:27:20,720 set up currency conversion so that when 29657 19:27:18,720 --> 19:27:23,040 people from these sites come to your 29658 19:27:20,720 --> 19:27:24,960 store they're able to check out in their 29659 19:27:23,040 --> 19:27:26,512 native currency that they're used to and 29660 19:27:24,960 --> 19:27:28,120 I'm going to show you like how to do 29661 19:27:26,512 --> 19:27:30,232 that briefly but the second thing you 29662 19:27:28,120 --> 19:27:32,120 have to do is you have to change your 29663 19:27:30,232 --> 19:27:33,680 you have to set up shipping zones you 29664 19:27:32,120 --> 19:27:36,080 have to set up shipping zones for each 29665 19:27:33,680 --> 19:27:37,040 of those countries because and this is 29666 19:27:36,080 --> 19:27:38,960 I've talked about this earlier in the 29667 19:27:37,040 --> 19:27:41,400 course but if you set up the native 29668 19:27:38,960 --> 19:27:43,160 currency on the site they'll be shopping 29669 19:27:41,400 --> 19:27:45,000 in their the currency they're used to 29670 19:27:43,160 --> 19:27:47,720 like pounds but then when they get to 29671 19:27:45,000 --> 19:27:50,440 checkout they're going to see uh US 29672 19:27:47,720 --> 19:27:52,800 Dollars unless you set up a shipping 29673 19:27:50,440 --> 19:27:54,360 zone for each and we do pretty much the 29674 19:27:52,800 --> 19:27:55,960 same like it shows you the con 29675 19:27:54,360 --> 19:27:58,280 conversion rate we do pretty much the 29676 19:27:55,960 --> 19:28:03,552 same type of shipping cost like here's 29677 19:27:58,280 --> 19:28:04,640 our us domestic 487 then for EU shipping 29678 19:28:03,552 --> 19:28:07,760 we do 29679 19:28:04,640 --> 19:28:09,760 €3.95 $495 so it's like numbers that 29680 19:28:07,760 --> 19:28:12,600 sound good in their own currency so do 29681 19:28:09,760 --> 19:28:14,192 France Japan New Zealand UK okay then 29682 19:28:12,600 --> 19:28:16,480 rest of the world and rest of the world 29683 19:28:14,192 --> 19:28:18,920 is for all the countries that we don't 29684 19:28:16,480 --> 19:28:20,960 like this EU one Euro countries this 29685 19:28:18,920 --> 19:28:22,832 includes a lot how many countries this 29686 19:28:20,960 --> 19:28:25,480 yeah so all put all of these countries 29687 19:28:22,832 --> 19:28:28,440 under Euro countries and then rest of 29688 19:28:25,480 --> 19:28:32,120 the world is every country besides these 29689 19:28:28,440 --> 19:28:34,600 EU countries Australia Brazil Canada 29690 19:28:32,120 --> 19:28:35,872 France Japan New Zealand and UK this 29691 19:28:34,600 --> 19:28:37,872 does take a little bit of time to set 29692 19:28:35,872 --> 19:28:40,480 these up but it helped our conversion 29693 19:28:37,872 --> 19:28:42,360 rate dramatically when we did that okay 29694 19:28:40,480 --> 19:28:45,280 so how do we change or how do do we set 29695 19:28:42,360 --> 19:28:47,640 up our so the way that we change or set 29696 19:28:45,280 --> 19:28:49,720 up like the native currency for 29697 19:28:47,640 --> 19:28:52,192 different countries is by going to 29698 19:28:49,720 --> 19:28:53,720 settings and then markets and there's 29699 19:28:52,192 --> 19:28:55,640 each here are each of the markets that 29700 19:28:53,720 --> 19:28:58,000 I've set up and you'll notice that they 29701 19:28:55,640 --> 19:29:00,120 relate directly to they correlate 29702 19:28:58,000 --> 19:29:03,920 directly with the shipping rates that we 29703 19:29:00,120 --> 19:29:08,040 set up so for let's look at Euro 29704 19:29:03,920 --> 19:29:10,872 countries so I set uh location or the 29705 19:29:08,040 --> 19:29:13,232 language to English set it to subfolders 29706 19:29:10,872 --> 19:29:15,400 set products and price pricing to Euro 29707 19:29:13,232 --> 19:29:18,232 set it to Euro and now right now we're 29708 19:29:15,400 --> 19:29:20,760 not collecting V tax which is annoying 29709 19:29:18,232 --> 19:29:22,960 because we end up paying one to two or 29710 19:29:20,760 --> 19:29:24,920 three grand per month out of pocket to 29711 19:29:22,960 --> 19:29:27,512 printify we're looking into how we can 29712 19:29:24,920 --> 19:29:29,600 start collecting that but yeah for right 29713 19:29:27,512 --> 19:29:31,160 now it's somewhat annoying it definitely 29714 19:29:29,600 --> 19:29:33,120 hurts margin but it's still very 29715 19:29:31,160 --> 19:29:35,120 profitable internationally so we just 29716 19:29:33,120 --> 19:29:38,000 set the products in pricing to their 29717 19:29:35,120 --> 19:29:39,512 home currency and then we add all of the 29718 19:29:38,000 --> 19:29:41,192 products to that market then you rinse 29719 19:29:39,512 --> 19:29:43,600 and repeat that process for the other 29720 19:29:41,192 --> 19:29:46,000 markets that we just looked at and then 29721 19:29:43,600 --> 19:29:48,232 you set up the shipping settings as well 29722 19:29:46,000 --> 19:29:50,360 uh I haven't done anything with changing 29723 19:29:48,232 --> 19:29:53,080 the language to be in their native 29724 19:29:50,360 --> 19:29:54,760 language but just currency those are the 29725 19:29:53,080 --> 19:29:56,512 two biggest ones setting up shipping 29726 19:29:54,760 --> 19:29:58,760 rates for their home country and then 29727 19:29:56,512 --> 19:30:00,680 the next thing is when it comes to 29728 19:29:58,760 --> 19:30:03,720 fulfilling the products we don't want to 29729 19:30:00,680 --> 19:30:07,232 or we yeah it it would be undoable for 29730 19:30:03,720 --> 19:30:10,040 us to fulfill all of our products using 29731 19:30:07,232 --> 19:30:12,872 like Monster Digital because their 29732 19:30:10,040 --> 19:30:16,280 shipping costs from the US International 29733 19:30:12,872 --> 19:30:18,280 or is extremely expensive what is this a 29734 19:30:16,280 --> 19:30:19,872 new new thing so I'm going to show you 29735 19:30:18,280 --> 19:30:21,440 what that looks like you can see the the 29736 19:30:19,872 --> 19:30:24,400 location for each of them here so let's 29737 19:30:21,440 --> 19:30:28,960 go down to Monster Digital provider info 29738 19:30:24,400 --> 19:30:32,480 and shipping see US economy 48 day at 29739 19:30:28,960 --> 19:30:35,552 3.99 yeah so$ 3.99 to the US then to 29740 19:30:32,480 --> 19:30:38,120 Canada jumps up to 939 delivery time 10 29741 19:30:35,552 --> 19:30:40,960 to30 business days Jesus never seen that 29742 19:30:38,120 --> 19:30:42,960 before Australia 10 to 30 business days 29743 19:30:40,960 --> 19:30:45,960 12 bucks rest of the world 10 to 30 29744 19:30:42,960 --> 19:30:47,360 business days $10 so clearly cannot do 29745 19:30:45,960 --> 19:30:50,080 that we used to fulfill using these 29746 19:30:47,360 --> 19:30:51,720 rates which is crazy but it makes sense 29747 19:30:50,080 --> 19:30:54,192 cuz Monster Digital they're shipping 29748 19:30:51,720 --> 19:30:55,960 from like Florida so if you're going 29749 19:30:54,192 --> 19:30:57,440 from Florida to Australia that's going 29750 19:30:55,960 --> 19:30:59,120 to be extremely expensive it's going to 29751 19:30:57,440 --> 19:31:01,232 take a long time but if you look at 29752 19:30:59,120 --> 19:31:03,360 these other ones like here the print bar 29753 19:31:01,232 --> 19:31:06,160 they're based in Australia so if you 29754 19:31:03,360 --> 19:31:09,000 look at their shipping rates it's 639 29755 19:31:06,160 --> 19:31:11,080 which is still expensive but $639 which 29756 19:31:09,000 --> 19:31:13,680 is far cheaper premma printing let's see 29757 19:31:11,080 --> 19:31:17,160 what this one is so this one like to New 29758 19:31:13,680 --> 19:31:18,872 Zealand it's $489 here 609 to Australia 29759 19:31:17,160 --> 19:31:20,360 that's substantially cheaper than what 29760 19:31:18,872 --> 19:31:22,720 we were already getting but then for 29761 19:31:20,360 --> 19:31:25,192 rest of the world it's still wow 40 29762 19:31:22,720 --> 19:31:26,280 bucks first item so still not doable so 29763 19:31:25,192 --> 19:31:27,512 you're like Chris there's a lot of 29764 19:31:26,280 --> 19:31:30,512 different shipping rates like how do I 29765 19:31:27,512 --> 19:31:32,640 figure out which one to use I got you so 29766 19:31:30,512 --> 19:31:34,280 we already did that so I did this math 29767 19:31:32,640 --> 19:31:35,960 this is probably like a year or two ago 29768 19:31:34,280 --> 19:31:38,512 or not a year or two like a couple of 29769 19:31:35,960 --> 19:31:41,000 months ago but at the time these were 29770 19:31:38,512 --> 19:31:43,600 and I believe that they still are the 29771 19:31:41,000 --> 19:31:46,000 best printer for each of these different 29772 19:31:43,600 --> 19:31:47,280 areas so you can just look at this and 29773 19:31:46,000 --> 19:31:49,600 follow the rest of the steps but this is 29774 19:31:47,280 --> 19:31:52,480 for the Gilden 64,000 printer so like 29775 19:31:49,600 --> 19:31:54,600 for United States first unit uh shipping 29776 19:31:52,480 --> 19:31:57,600 cost second unit shipping cost in the 29777 19:31:54,600 --> 19:31:59,680 print Monster Digital is the best for us 29778 19:31:57,600 --> 19:32:01,640 Canada it's print geek New Zealand 29779 19:31:59,680 --> 19:32:03,552 Australia it's print bar oh yeah I 29780 19:32:01,640 --> 19:32:05,512 forgot print bar they do expensive first 29781 19:32:03,552 --> 19:32:08,480 item but second third fourth items are 29782 19:32:05,512 --> 19:32:11,280 cheap texal Dr texal drer xprint are the 29783 19:32:08,480 --> 19:32:12,640 best for the European and like Germany 29784 19:32:11,280 --> 19:32:15,480 then Ireland 29785 19:32:12,640 --> 19:32:17,232 as well so those are the best printers 29786 19:32:15,480 --> 19:32:18,360 so now what does that mean these are the 29787 19:32:17,232 --> 19:32:19,760 best printers these are the ones we 29788 19:32:18,360 --> 19:32:21,720 should be using so how does that work 29789 19:32:19,760 --> 19:32:24,552 like how do we actually fulfill using 29790 19:32:21,720 --> 19:32:27,000 these printers and it's timec consuming 29791 19:32:24,552 --> 19:32:30,080 but it's fairly straightforward so we 29792 19:32:27,000 --> 19:32:32,232 have our let's go look at my products we 29793 19:32:30,080 --> 19:32:34,120 have our list of so we have our products 29794 19:32:32,232 --> 19:32:37,000 here that are right now these are just 29795 19:32:34,120 --> 19:32:39,120 all Monster Digital and when an order 29796 19:32:37,000 --> 19:32:41,920 comes in from so these are the ones that 29797 19:32:39,120 --> 19:32:43,680 get actually synced to our Shopify store 29798 19:32:41,920 --> 19:32:46,320 are all these Monster Digital ones they 29799 19:32:43,680 --> 19:32:48,640 get published but then what we do is we 29800 19:32:46,320 --> 19:32:51,320 select all of our products and then we 29801 19:32:48,640 --> 19:32:53,960 duplicate them and remake them on each 29802 19:32:51,320 --> 19:32:56,832 of these other printers we'll have the 29803 19:32:53,960 --> 19:32:58,720 happy t-shirt will have one the and 29804 19:32:56,832 --> 19:33:00,232 these stay in draft we have one that's 29805 19:32:58,720 --> 19:33:02,000 with xprint we have one with print 29806 19:33:00,232 --> 19:33:04,480 clever one with textle Dru one with 29807 19:33:02,000 --> 19:33:07,920 print bar one and then one with Monster 29808 19:33:04,480 --> 19:33:10,120 Digital and those all stay they just 29809 19:33:07,920 --> 19:33:12,040 stay in draft in our printify account 29810 19:33:10,120 --> 19:33:13,160 and then when an order comes in which we 29811 19:33:12,040 --> 19:33:15,280 don't have any orders yet but when an 29812 19:33:13,160 --> 19:33:17,760 order comes in we just go and edit that 29813 19:33:15,280 --> 19:33:19,192 order our billing is set to every 24 29814 19:33:17,760 --> 19:33:21,760 hours so we don't fulfill there's a 29815 19:33:19,192 --> 19:33:23,280 24hour window from when an order comes 29816 19:33:21,760 --> 19:33:25,000 in to when it gets fulfilled they 29817 19:33:23,280 --> 19:33:27,800 fulfill or get pushed to production 29818 19:33:25,000 --> 19:33:30,000 every night at 11:55 p.m. I think 29819 19:33:27,800 --> 19:33:31,640 eastern time and during that time we we 29820 19:33:30,000 --> 19:33:33,360 have a window of opportunity for us to 29821 19:33:31,640 --> 19:33:35,360 go into the order and if it's a 29822 19:33:33,360 --> 19:33:37,480 international order to change the 29823 19:33:35,360 --> 19:33:40,680 Fulfillment provider and we see okay if 29824 19:33:37,480 --> 19:33:43,832 it's a a a Australian order then we're 29825 19:33:40,680 --> 19:33:46,080 going to the order and adjust it to use 29826 19:33:43,832 --> 19:33:47,640 all print bar products and then we 29827 19:33:46,080 --> 19:33:49,440 submit it push it to production it's 29828 19:33:47,640 --> 19:33:52,400 good then if we do or if we see that 29829 19:33:49,440 --> 19:33:54,920 it's from the UK then we same process we 29830 19:33:52,400 --> 19:33:56,512 remove we click on the order hit edit 29831 19:33:54,920 --> 19:33:58,160 remove all the monster digital products 29832 19:33:56,512 --> 19:34:01,720 and replace it with the exact same 29833 19:33:58,160 --> 19:34:04,040 product but from print clever and you do 29834 19:34:01,720 --> 19:34:06,120 that for every International order which 29835 19:34:04,040 --> 19:34:08,400 it sounds extremely time consuming and 29836 19:34:06,120 --> 19:34:10,160 it is but it's extremely worth it 29837 19:34:08,400 --> 19:34:12,640 because here's a list of all the 29838 19:34:10,160 --> 19:34:15,832 international orders that we've rerouted 29839 19:34:12,640 --> 19:34:18,800 since we started doing this process can 29840 19:34:15,832 --> 19:34:21,480 see how many there are now this 29841 19:34:18,800 --> 19:34:24,552 spreadsheet is tracking the order date 29842 19:34:21,480 --> 19:34:26,400 order number country printer fulfillment 29843 19:34:24,552 --> 19:34:28,400 or fulfilling order if it was able to be 29844 19:34:26,400 --> 19:34:30,000 rerouted cuz like I said some countries 29845 19:34:28,400 --> 19:34:32,232 don't have printers where you can 29846 19:34:30,000 --> 19:34:33,552 reroute it to like Hong Kong if we get 29847 19:34:32,232 --> 19:34:35,832 orders from there we just have to do 29848 19:34:33,552 --> 19:34:37,512 Monster Digital and it just stinks but 29849 19:34:35,832 --> 19:34:39,872 there's no Asian printers to choose from 29850 19:34:37,512 --> 19:34:41,800 then here's the starting cost here's the 29851 19:34:39,872 --> 19:34:43,800 rerouted cost so this is what it would 29852 19:34:41,800 --> 19:34:45,320 have cost us to fulfill this is an order 29853 19:34:43,800 --> 19:34:47,960 here let's find a good one here like 29854 19:34:45,320 --> 19:34:49,960 this order this Germany order was going 29855 19:34:47,960 --> 19:34:53,280 to be fulfilled with Monster Digital and 29856 19:34:49,960 --> 19:34:56,280 when if it was it would have cost us $66 29857 19:34:53,280 --> 19:34:57,920 to ship it after we reroute it or $66 to 29858 19:34:56,280 --> 19:34:59,920 fulfill it not just the shipping after 29859 19:34:57,920 --> 19:35:03,640 we rerouted it cost just 29860 19:34:59,920 --> 19:35:06,160 $41 that saved us $24 which is pretty 29861 19:35:03,640 --> 19:35:07,640 wild and this is happening for all of 29862 19:35:06,160 --> 19:35:10,360 these 29863 19:35:07,640 --> 19:35:12,232 orders so all in all rerouting these 29864 19:35:10,360 --> 19:35:14,512 orders has saved us 29865 19:35:12,232 --> 19:35:16,680 this number here 29866 19:35:14,512 --> 19:35:19,552 $825 29867 19:35:16,680 --> 19:35:21,192 4024 that's just pure profit added to 29868 19:35:19,552 --> 19:35:23,872 the bottom line that we wouldn't have 29869 19:35:21,192 --> 19:35:26,040 had without this so yes this is time 29870 19:35:23,872 --> 19:35:28,280 consuming it is also extremely 29871 19:35:26,040 --> 19:35:30,552 worthwhile as you can see so how does 29872 19:35:28,280 --> 19:35:32,120 this sheet work we have a make 29873 19:35:30,552 --> 19:35:33,760 automation which is like zapier if 29874 19:35:32,120 --> 19:35:35,920 you've never heard of it but anytime an 29875 19:35:33,760 --> 19:35:38,320 international order comes in it will 29876 19:35:35,920 --> 19:35:40,480 automatically add a line like these 29877 19:35:38,320 --> 19:35:43,872 details it automatically adds those 29878 19:35:40,480 --> 19:35:46,160 details to this spreadsheet and then a 29879 19:35:43,872 --> 19:35:48,920 VA from our team monitors this on a 29880 19:35:46,160 --> 19:35:51,120 daily basis and just once daily they 29881 19:35:48,920 --> 19:35:53,600 come in they look at the order then they 29882 19:35:51,120 --> 19:35:55,480 go look it up in printify and then they 29883 19:35:53,600 --> 19:35:58,600 do the rerouting process they look at 29884 19:35:55,480 --> 19:36:00,120 each product add the correct printers 29885 19:35:58,600 --> 19:36:02,872 equivalent go through if it's a five 29886 19:36:00,120 --> 19:36:05,160 shirt order they'll literally go shirt 29887 19:36:02,872 --> 19:36:06,920 by shirt replacing each one look at the 29888 19:36:05,160 --> 19:36:09,080 country that it's going to decide which 29889 19:36:06,920 --> 19:36:11,160 printer is the best based on the this 29890 19:36:09,080 --> 19:36:13,600 spreadsheet this list of them and then 29891 19:36:11,160 --> 19:36:16,480 pushing it to fulfillment and a lot of 29892 19:36:13,600 --> 19:36:18,480 days we're getting 20 30 like 50 29893 19:36:16,480 --> 19:36:20,040 International orders so this can take a 29894 19:36:18,480 --> 19:36:22,120 decent amount of time sometimes to 29895 19:36:20,040 --> 19:36:24,360 fulfill but yeah so overall that's how 29896 19:36:22,120 --> 19:36:26,552 we fulfill our International orders and 29897 19:36:24,360 --> 19:36:29,760 how we expand in those markets it's a 29898 19:36:26,552 --> 19:36:31,720 massive segment for us so it's over 60% 29899 19:36:29,760 --> 19:36:33,600 of our sales now so it's definitely 29900 19:36:31,720 --> 19:36:35,120 worthwhile but only doing it at the 29901 19:36:33,600 --> 19:36:37,192 right time and once you're ready to 29902 19:36:35,120 --> 19:36:39,832 implement a system like this last thing 29903 19:36:37,192 --> 19:36:42,360 about PRI they are working on like a 29904 19:36:39,832 --> 19:36:44,552 rerouting system to route orders and 29905 19:36:42,360 --> 19:36:46,680 basically do what we're doing manually 29906 19:36:44,552 --> 19:36:48,080 right now but so maybe at the time that 29907 19:36:46,680 --> 19:36:49,920 you're watching this that's already been 29908 19:36:48,080 --> 19:36:51,720 set up and you don't have to go this 29909 19:36:49,920 --> 19:36:53,832 whole route but at right now they're 29910 19:36:51,720 --> 19:36:55,960 able to do it with shirt orders or 29911 19:36:53,832 --> 19:36:57,760 orders with just one product but doing 29912 19:36:55,960 --> 19:36:58,960 it for multiple products is a challenge 29913 19:36:57,760 --> 19:37:00,512 but they're working on that they're 29914 19:36:58,960 --> 19:37:01,512 adding new features all the time so 29915 19:37:00,512 --> 19:37:03,400 there's a good chance this will get 29916 19:37:01,512 --> 19:37:05,160 automated soon but I wouldn't recommend 29917 19:37:03,400 --> 19:37:07,360 starting to sell internationally until 29918 19:37:05,160 --> 19:37:09,600 you're ready and able to do something 29919 19:37:07,360 --> 19:37:12,400 like this cuz as you can see like you 29920 19:37:09,600 --> 19:37:14,800 would be losing out on a ton of margin 29921 19:37:12,400 --> 19:37:17,440 by not doing this in the bonus bonus 29922 19:37:14,800 --> 19:37:19,600 module I'll add a section on explaining 29923 19:37:17,440 --> 19:37:21,760 how to set up the make automations to 29924 19:37:19,600 --> 19:37:23,232 like print this stuff but yeah for right 29925 19:37:21,760 --> 19:37:24,720 now wanted to give you an overview of 29926 19:37:23,232 --> 19:37:26,920 what the process looks like and how we 29927 19:37:24,720 --> 19:37:28,800 do it yeah so that's it hope this has 29928 19:37:26,920 --> 19:37:31,192 been helpful thanks for watching and 29929 19:37:28,800 --> 19:37:31,192 I'll see you 29930 19:37:33,170 --> 19:37:37,970 [Music] 29931 19:37:40,232 --> 19:37:44,920 soon this lesson we're going to be 29932 19:37:42,192 --> 19:37:47,800 talking about how to scale your business 29933 19:37:44,920 --> 19:37:50,192 through your supply chain and this 29934 19:37:47,800 --> 19:37:51,440 really comes down to one thing and one 29935 19:37:50,192 --> 19:37:53,280 thing only cuz we're not talking about 29936 19:37:51,440 --> 19:37:54,872 like expanding to new product cataloges 29937 19:37:53,280 --> 19:37:56,720 and that sort of thing we're talking 29938 19:37:54,872 --> 19:37:59,160 specifically about how do we lower the 29939 19:37:56,720 --> 19:38:01,512 cost of our supply chain or our product 29940 19:37:59,160 --> 19:38:04,000 fulfillment our cost of goods sold so 29941 19:38:01,512 --> 19:38:07,400 tying everything back to the p&l as much 29942 19:38:04,000 --> 19:38:10,160 as possible how do we lower this cost of 29943 19:38:07,400 --> 19:38:13,512 goods percentage down here so how do we 29944 19:38:10,160 --> 19:38:16,480 get this from in the mid 30s 40s yeah 29945 19:38:13,512 --> 19:38:18,680 low 40s how do we get that down to say 29946 19:38:16,480 --> 19:38:21,552 30% what would that look like and I'm 29947 19:38:18,680 --> 19:38:23,160 including this as one of the last uh 29948 19:38:21,552 --> 19:38:25,120 lessons in scaling because it's the one 29949 19:38:23,160 --> 19:38:28,440 that I recommend by far the least it is 29950 19:38:25,120 --> 19:38:30,920 by far the most work but it's possible 29951 19:38:28,440 --> 19:38:32,920 and I've personally done it uh I know 29952 19:38:30,920 --> 19:38:34,872 people that have done it and I can say 29953 19:38:32,920 --> 19:38:37,320 from experience it takes by far the most 29954 19:38:34,872 --> 19:38:38,680 effort but it can add a lot of value to 29955 19:38:37,320 --> 19:38:40,960 the business if you decide to go that 29956 19:38:38,680 --> 19:38:43,040 route but so let's talk about it what 29957 19:38:40,960 --> 19:38:46,760 would it look like lowering our cost of 29958 19:38:43,040 --> 19:38:48,480 goods to say 30% and lowering it not by 29959 19:38:46,760 --> 19:38:50,080 just increasing prices obviously that 29960 19:38:48,480 --> 19:38:52,512 would be another way if you just 29961 19:38:50,080 --> 19:38:54,192 increase your prices by 25% there's your 29962 19:38:52,512 --> 19:38:55,320 lower cost of goods but obviously 29963 19:38:54,192 --> 19:38:56,760 there's only so much that people are 29964 19:38:55,320 --> 19:38:58,552 willing to pay for a t-shirt so that's 29965 19:38:56,760 --> 19:39:00,000 not completely feasible so what are the 29966 19:38:58,552 --> 19:39:02,832 ways that we could bring down our cost 29967 19:39:00,000 --> 19:39:05,440 of goods so let's look into what is it 29968 19:39:02,832 --> 19:39:07,600 that's making our t-shirts or products 29969 19:39:05,440 --> 19:39:09,360 cost what they are and so when it comes 29970 19:39:07,600 --> 19:39:12,360 to print on demand there's different 29971 19:39:09,360 --> 19:39:14,640 types of print processes or like 29972 19:39:12,360 --> 19:39:17,280 basically the how does the design go 29973 19:39:14,640 --> 19:39:19,800 from the design file to printed on a 29974 19:39:17,280 --> 19:39:22,480 T-shirt and there's DTG which is direct 29975 19:39:19,800 --> 19:39:25,400 to garment there's but which is what 29976 19:39:22,480 --> 19:39:28,232 most of printify sellers are use or 29977 19:39:25,400 --> 19:39:31,320 manufacturers are using CU it you can do 29978 19:39:28,232 --> 19:39:33,080 mqs a one you can it's very quick feels 29979 19:39:31,320 --> 19:39:34,480 like a good print that sort of thing but 29980 19:39:33,080 --> 19:39:36,320 then the other option is what's called 29981 19:39:34,480 --> 19:39:39,600 Screen Printing and Screen Printing I'll 29982 19:39:36,320 --> 19:39:41,960 show you a picture of it is cheaper 29983 19:39:39,600 --> 19:39:44,480 cheaper on a per print BAS 29984 19:39:41,960 --> 19:39:47,232 and it looks something like this so it 29985 19:39:44,480 --> 19:39:49,080 looks like a giant octopus type machine 29986 19:39:47,232 --> 19:39:50,640 like this thing here and couple of 29987 19:39:49,080 --> 19:39:52,480 things about it is that it's cheaper per 29988 19:39:50,640 --> 19:39:54,080 print it can be substantially cheaper 29989 19:39:52,480 --> 19:39:56,512 per print it gets cheaper the more 29990 19:39:54,080 --> 19:39:59,040 prints that you do so like on a DTG 29991 19:39:56,512 --> 19:40:02,160 print it's like normally about $4 to 29992 19:39:59,040 --> 19:40:04,280 $4.50 is like industry standard to 29993 19:40:02,160 --> 19:40:05,512 charge for a print screen printing 29994 19:40:04,280 --> 19:40:06,920 depending on the volume like if you're 29995 19:40:05,512 --> 19:40:09,512 doing a couple thousand you can get it 29996 19:40:06,920 --> 19:40:11,552 down to $150 per print so you can save 29997 19:40:09,512 --> 19:40:13,360 pretty substantially on that the only 29998 19:40:11,552 --> 19:40:15,640 downsides of it is that there's normally 29999 19:40:13,360 --> 19:40:17,600 mqs which is minimum order quantity like 30000 19:40:15,640 --> 19:40:20,400 you can't just screen print one shirt 30001 19:40:17,600 --> 19:40:22,872 because they pay you have to pay to make 30002 19:40:20,400 --> 19:40:25,040 each screen so there's like an upfront 30003 19:40:22,872 --> 19:40:26,440 base cost associated with it so it only 30004 19:40:25,040 --> 19:40:28,920 makes sense to do that when you're doing 30005 19:40:26,440 --> 19:40:30,440 it in volume or like in bulk the other 30006 19:40:28,920 --> 19:40:32,600 thing is that you can only do up to 30007 19:40:30,440 --> 19:40:33,920 eight colors and the more colors it is 30008 19:40:32,600 --> 19:40:35,600 the more expensive it is cuz they 30009 19:40:33,920 --> 19:40:37,232 literally make a screen for every 30010 19:40:35,600 --> 19:40:39,680 different color see how they're like 30011 19:40:37,232 --> 19:40:41,080 filling in like this is a screen and 30012 19:40:39,680 --> 19:40:43,280 this is the screen that they're filling 30013 19:40:41,080 --> 19:40:45,760 in in for what's purple on that image 30014 19:40:43,280 --> 19:40:47,760 basically and so then this is filling in 30015 19:40:45,760 --> 19:40:50,000 what's yellow on that image and then if 30016 19:40:47,760 --> 19:40:52,000 there was something else that was say 30017 19:40:50,000 --> 19:40:54,280 green on that image they would have a 30018 19:40:52,000 --> 19:40:56,080 separate screen like a stencil that 30019 19:40:54,280 --> 19:40:58,232 would then fill in what's green on that 30020 19:40:56,080 --> 19:41:00,640 image and it just what these Octopus 30021 19:40:58,232 --> 19:41:02,320 arms are doing is it's basically just it 30022 19:41:00,640 --> 19:41:05,080 holds the t-shirt in place and then it 30023 19:41:02,320 --> 19:41:06,960 just Cycles it around from stop to stop 30024 19:41:05,080 --> 19:41:08,640 as it's putting a different stencil with 30025 19:41:06,960 --> 19:41:10,280 a different color getting passed through 30026 19:41:08,640 --> 19:41:12,680 that stencil to print it on the shirt so 30027 19:41:10,280 --> 19:41:16,600 you can see why it's it could be faster 30028 19:41:12,680 --> 19:41:18,832 it's cheaper than DTG cuz that DTG it's 30029 19:41:16,600 --> 19:41:20,920 like much more expensive ink so it's 30030 19:41:18,832 --> 19:41:22,400 more expensive for the manufacturer but 30031 19:41:20,920 --> 19:41:24,000 we can screen print things and that's a 30032 19:41:22,400 --> 19:41:26,120 cheaper process but you have to be doing 30033 19:41:24,000 --> 19:41:28,360 it in bulk and ready to like really 30034 19:41:26,120 --> 19:41:29,872 invest in your inventory and the reason 30035 19:41:28,360 --> 19:41:31,480 that's challenging as print on demand is 30036 19:41:29,872 --> 19:41:33,800 that there's so many variants and 30037 19:41:31,480 --> 19:41:35,160 different skews for every single product 30038 19:41:33,800 --> 19:41:36,640 like we talked about in the previous 30039 19:41:35,160 --> 19:41:38,280 lessons if you have eight different or 30040 19:41:36,640 --> 19:41:40,920 six different sizes and eight different 30041 19:41:38,280 --> 19:41:43,232 colors that's 48 variants so if you want 30042 19:41:40,920 --> 19:41:46,232 to stock every single shirt size and 30043 19:41:43,232 --> 19:41:48,160 color for that then that would be 48 48 30044 19:41:46,232 --> 19:41:49,360 different variants 48 different shirts 30045 19:41:48,160 --> 19:41:51,160 and that's just if you're stocking one 30046 19:41:49,360 --> 19:41:52,480 of each size and color so in order to go 30047 19:41:51,160 --> 19:41:54,160 that route you'd have to cut down on the 30048 19:41:52,480 --> 19:41:57,160 number of colors or you just end up with 30049 19:41:54,160 --> 19:41:58,440 a warehouse filled with variants and 30050 19:41:57,160 --> 19:42:00,320 then the other thing is that when you're 30051 19:41:58,440 --> 19:42:02,680 stock up on inventory like by doing 30052 19:42:00,320 --> 19:42:04,160 screen printing then you're not it's not 30053 19:42:02,680 --> 19:42:06,040 like you're just going to sell through 30054 19:42:04,160 --> 19:42:07,960 your inventory perfectly like dwindle it 30055 19:42:06,040 --> 19:42:09,760 down to zero and then restock it's like 30056 19:42:07,960 --> 19:42:11,680 you're going to have your top sellers 30057 19:42:09,760 --> 19:42:13,872 that will sell through quicker than the 30058 19:42:11,680 --> 19:42:15,720 other ones and then on some designs like 30059 19:42:13,872 --> 19:42:18,480 you figure out that nobody's buying it 30060 19:42:15,720 --> 19:42:20,800 in small charcoal color so then you just 30061 19:42:18,480 --> 19:42:23,320 have those sitting there dead inventory 30062 19:42:20,800 --> 19:42:25,040 and you can either donate them you have 30063 19:42:23,320 --> 19:42:26,680 to do something with it but you end up 30064 19:42:25,040 --> 19:42:28,640 with dead inventory which that's a big 30065 19:42:26,680 --> 19:42:30,680 risk and then the other thing is like as 30066 19:42:28,640 --> 19:42:32,120 your stock dwindles down you in order to 30067 19:42:30,680 --> 19:42:33,832 keep your conversion rate up you have to 30068 19:42:32,120 --> 19:42:35,800 be printing more shirts so you can kind 30069 19:42:33,832 --> 19:42:37,800 of end up on a treadmill of constantly 30070 19:42:35,800 --> 19:42:39,720 Printing and printing and it's pretty 30071 19:42:37,800 --> 19:42:41,440 tough to sustain that with a print on 30072 19:42:39,720 --> 19:42:43,552 demand business model where you have as 30073 19:42:41,440 --> 19:42:46,080 many designs as we do that's why I as an 30074 19:42:43,552 --> 19:42:49,400 aside where i' prefer to put my focus is 30075 19:42:46,080 --> 19:42:51,000 on The Branding making it as like 30076 19:42:49,400 --> 19:42:53,080 amazing of an experience for the 30077 19:42:51,000 --> 19:42:55,480 customer as possible so that I can lower 30078 19:42:53,080 --> 19:42:58,000 my acquisition costs maximize my LTV 30079 19:42:55,480 --> 19:42:59,192 start driving up my cost my prices a 30080 19:42:58,000 --> 19:43:01,192 little bit more so I can demand a little 30081 19:42:59,192 --> 19:43:02,872 bit more of a premium to lower the cost 30082 19:43:01,192 --> 19:43:06,320 of goods that way rather than having to 30083 19:43:02,872 --> 19:43:08,160 go this whole route just as an aside but 30084 19:43:06,320 --> 19:43:10,160 still want to explain how this side 30085 19:43:08,160 --> 19:43:12,832 works so you can be aware of the options 30086 19:43:10,160 --> 19:43:14,040 then the other option is so if you're 30087 19:43:12,832 --> 19:43:15,872 not going to go the screen printing 30088 19:43:14,040 --> 19:43:18,280 route the other option is you could get 30089 19:43:15,872 --> 19:43:20,480 your own printer and this can work for a 30090 19:43:18,280 --> 19:43:21,920 little while but there it's like a 30091 19:43:20,480 --> 19:43:23,800 thought that is like very enticing 30092 19:43:21,920 --> 19:43:26,160 you're like oh if I get my own printer 30093 19:43:23,800 --> 19:43:29,160 then I can cut out cut down my cost of 30094 19:43:26,160 --> 19:43:30,832 goods to 30% or whatever and then I'll 30095 19:43:29,160 --> 19:43:32,872 just print whenever my orders come in 30096 19:43:30,832 --> 19:43:34,720 I'll just print them all once a day and 30097 19:43:32,872 --> 19:43:36,872 then yeah I'll just fulfill it myself 30098 19:43:34,720 --> 19:43:38,800 and that is it's like a very idealistic 30099 19:43:36,872 --> 19:43:41,160 point of view it's like very optimistic 30100 19:43:38,800 --> 19:43:42,832 but it will like you can purchase a 30101 19:43:41,160 --> 19:43:45,440 printer for they're expensive with 30102 19:43:42,832 --> 19:43:47,120 thousands of dollars and you have to 30103 19:43:45,440 --> 19:43:49,232 order all the blanks yourself so you 30104 19:43:47,120 --> 19:43:50,760 have to forecast like what colors am I 30105 19:43:49,232 --> 19:43:53,680 going to be selling you have to go to 30106 19:43:50,760 --> 19:43:55,480 Gilden and place bulk orders of gildin 30107 19:43:53,680 --> 19:43:58,040 or like SNS active we something like 30108 19:43:55,480 --> 19:43:59,512 that and place bulk orders of that 30109 19:43:58,040 --> 19:44:00,800 inventory of all the shirts that you're 30110 19:43:59,512 --> 19:44:02,320 going to be printing on which that's a 30111 19:44:00,800 --> 19:44:05,080 little bit easier cuz it's just colors 30112 19:44:02,320 --> 19:44:06,960 six sizes like 36 36 different variants 30113 19:44:05,080 --> 19:44:08,480 but you have to order hundreds of them 30114 19:44:06,960 --> 19:44:11,120 so that you know again there's more 30115 19:44:08,480 --> 19:44:12,680 Capital you have to outlay and then 30116 19:44:11,120 --> 19:44:17,040 you're storing it where like in your 30117 19:44:12,680 --> 19:44:19,400 garage on shelves and like I'm like 30118 19:44:17,040 --> 19:44:21,192 getting myself like just thinking about 30119 19:44:19,400 --> 19:44:22,800 this sounds like a nightmare cuz I've 30120 19:44:21,192 --> 19:44:25,360 been in situations where I see people 30121 19:44:22,800 --> 19:44:27,440 try to fill out of their garage because 30122 19:44:25,360 --> 19:44:29,320 it seems like I'm paying this 30123 19:44:27,440 --> 19:44:31,080 Fulfillment company so much like it's 30124 19:44:29,320 --> 19:44:33,040 ridiculous I can save so much money by 30125 19:44:31,080 --> 19:44:34,720 doing it myself I've seen that thought 30126 19:44:33,040 --> 19:44:37,280 thought process way too many times to 30127 19:44:34,720 --> 19:44:39,360 count and it nine times out of 10 it 30128 19:44:37,280 --> 19:44:41,360 does not work it doesn't work because 30129 19:44:39,360 --> 19:44:42,920 unless you you were going to like double 30130 19:44:41,360 --> 19:44:44,320 down and make it your full-time thing 30131 19:44:42,920 --> 19:44:46,440 and that is the business you want to 30132 19:44:44,320 --> 19:44:48,800 grow to eight figures and Beyond that's 30133 19:44:46,440 --> 19:44:50,640 the only time to me that it really makes 30134 19:44:48,800 --> 19:44:52,832 sense because if you're running a small 30135 19:44:50,640 --> 19:44:55,232 print shop or small print on aand brand 30136 19:44:52,832 --> 19:44:56,832 to have to run the ads the emails all 30137 19:44:55,232 --> 19:44:58,720 the marketing the site optimization come 30138 19:44:56,832 --> 19:45:00,360 up with new designs the customer service 30139 19:44:58,720 --> 19:45:02,080 managing all of that stuff and then on 30140 19:45:00,360 --> 19:45:03,440 top of that you have at the back of your 30141 19:45:02,080 --> 19:45:04,760 mind that all right tonight at the end 30142 19:45:03,440 --> 19:45:07,360 of the day I have to go out and print 30143 19:45:04,760 --> 19:45:10,040 designs for 4 hours and then ship them 30144 19:45:07,360 --> 19:45:12,000 all out it it's just like becomes a lot 30145 19:45:10,040 --> 19:45:14,440 and it not not just like from time that 30146 19:45:12,000 --> 19:45:16,000 it requires but it also detracts from 30147 19:45:14,440 --> 19:45:18,400 you being able to focus on those other 30148 19:45:16,000 --> 19:45:19,320 areas of the business but anyway back to 30149 19:45:18,400 --> 19:45:21,480 what it would look like you have a 30150 19:45:19,320 --> 19:45:23,680 printer in your garage you order from 30151 19:45:21,480 --> 19:45:25,720 SNS or gildin or some kind of bulk 30152 19:45:23,680 --> 19:45:27,080 wholesaler to try to get discounted 30153 19:45:25,720 --> 19:45:29,720 rates on the shirts which you can get 30154 19:45:27,080 --> 19:45:31,120 blanks for cheap like $1 $2 depending on 30155 19:45:29,720 --> 19:45:33,280 how many you're ordering ship them to 30156 19:45:31,120 --> 19:45:35,160 your house buy some kind of storage or 30157 19:45:33,280 --> 19:45:36,280 like racks some shelves to put them on 30158 19:45:35,160 --> 19:45:38,400 to store them cuz you can't just have 30159 19:45:36,280 --> 19:45:40,280 them sitting in boxes on the floor and 30160 19:45:38,400 --> 19:45:41,832 then you order your printer and the 30161 19:45:40,280 --> 19:45:44,552 printer takes ink which you have to 30162 19:45:41,832 --> 19:45:47,512 refill so you order the ink as well and 30163 19:45:44,552 --> 19:45:50,600 then when an order comes in you see what 30164 19:45:47,512 --> 19:45:53,280 if it's a one shirt order say you see 30165 19:45:50,600 --> 19:45:54,680 the shirt the size you go to your nice 30166 19:45:53,280 --> 19:45:56,920 organized shelves hopefully you're not 30167 19:45:54,680 --> 19:45:59,832 pulling out of boxes take it put it on 30168 19:45:56,920 --> 19:46:01,512 that printer is connected to like your 30169 19:45:59,832 --> 19:46:03,600 software that has the design loaded into 30170 19:46:01,512 --> 19:46:05,872 it you select the design you print it on 30171 19:46:03,600 --> 19:46:07,480 and you make sure it's good if it's 30172 19:46:05,872 --> 19:46:10,192 messed up you end up throwing that shirt 30173 19:46:07,480 --> 19:46:11,720 in the trash cuz there's a tax or you 30174 19:46:10,192 --> 19:46:13,192 have to get good at it first and the 30175 19:46:11,720 --> 19:46:14,640 first batch of shirts that you're 30176 19:46:13,192 --> 19:46:16,080 printing yourself are going to suck 30177 19:46:14,640 --> 19:46:17,552 they're most likely going to get messed 30178 19:46:16,080 --> 19:46:20,160 up so you're going to lose money there 30179 19:46:17,552 --> 19:46:22,280 too and then but say you print it well 30180 19:46:20,160 --> 19:46:23,320 then you grab a poly mailer which the 30181 19:46:22,280 --> 19:46:25,320 that's another thing you have to buy you 30182 19:46:23,320 --> 19:46:27,192 can get these from like USPS and stuff 30183 19:46:25,320 --> 19:46:28,680 like that but grab a poly mailer throw 30184 19:46:27,192 --> 19:46:30,760 it in the poly mailer and then you have 30185 19:46:28,680 --> 19:46:32,872 a label printer which then prints out 30186 19:46:30,760 --> 19:46:35,160 the shipping label you peel it off slap 30187 19:46:32,872 --> 19:46:37,600 it on the bag and there's one order done 30188 19:46:35,160 --> 19:46:42,360 and if you're doing a th000 bucks a day 30189 19:46:37,600 --> 19:46:46,760 say th000 divided by 40 you're going to 30190 19:46:42,360 --> 19:46:49,000 have 25 25 orders or 50 shirts so 50 30191 19:46:46,760 --> 19:46:50,760 shirts you have to print all 50 of them 30192 19:46:49,000 --> 19:46:52,832 like yourself manually and then if 30193 19:46:50,760 --> 19:46:55,000 you've run out say you run out of like 30194 19:46:52,832 --> 19:46:56,960 your one of the colors in that size you 30195 19:46:55,000 --> 19:46:58,800 either have to refund the customer for 30196 19:46:56,960 --> 19:47:01,160 that or you have to be on top of 30197 19:46:58,800 --> 19:47:02,480 ordering and forecasting out which 30198 19:47:01,160 --> 19:47:04,040 colors and sizes you're going to be 30199 19:47:02,480 --> 19:47:05,680 selling that that doesn't happen but 30200 19:47:04,040 --> 19:47:07,232 then you that was a one shirt order say 30201 19:47:05,680 --> 19:47:09,120 you have a three shirt order you then 30202 19:47:07,232 --> 19:47:11,280 grab the three different shirts make 30203 19:47:09,120 --> 19:47:13,640 sure it's the right sizes right colors 30204 19:47:11,280 --> 19:47:15,552 put it on the printer print the design 30205 19:47:13,640 --> 19:47:18,640 put it in the poly mailer put the label 30206 19:47:15,552 --> 19:47:20,600 on seal it send it out and that's it and 30207 19:47:18,640 --> 19:47:22,832 that's one order then you have the rest 30208 19:47:20,600 --> 19:47:24,440 of all the shirts to go through which 30209 19:47:22,832 --> 19:47:26,600 that can end up saving you a decent 30210 19:47:24,440 --> 19:47:28,680 amount but the reason that Meg and I 30211 19:47:26,600 --> 19:47:30,640 have shied away from that is and we 30212 19:47:28,680 --> 19:47:32,232 don't want to go that route is number 30213 19:47:30,640 --> 19:47:34,320 one I've worked in a fulfillment center 30214 19:47:32,232 --> 19:47:36,600 at Amazon I have no desire to ever do 30215 19:47:34,320 --> 19:47:39,080 that again and two PRI just makes it so 30216 19:47:36,600 --> 19:47:40,360 easy uh like we're able to test this is 30217 19:47:39,080 --> 19:47:42,040 the other downside is that when you go 30218 19:47:40,360 --> 19:47:43,720 that route you're very reluctant to 30219 19:47:42,040 --> 19:47:45,552 start launching a bunch of new designs 30220 19:47:43,720 --> 19:47:47,640 because or like new products or anything 30221 19:47:45,552 --> 19:47:49,680 because it makes your life so much 30222 19:47:47,640 --> 19:47:52,760 harder and you don't even have time to 30223 19:47:49,680 --> 19:47:55,720 do it we much rather focus our time on 30224 19:47:52,760 --> 19:47:57,600 new designs marketing site all that 30225 19:47:55,720 --> 19:47:59,872 stuff so we're able to like work from 30226 19:47:57,600 --> 19:48:01,832 our laptops wherever we want we if 30227 19:47:59,872 --> 19:48:03,760 there's any fulfillment problems it we 30228 19:48:01,832 --> 19:48:05,640 send a message to printify and they 30229 19:48:03,760 --> 19:48:07,800 handle it yes we're definitely paying a 30230 19:48:05,640 --> 19:48:10,512 premium it keeps our cost of goods at 30231 19:48:07,800 --> 19:48:11,320 40% but how much higher this is a 30232 19:48:10,512 --> 19:48:13,040 question question I don't know the 30233 19:48:11,320 --> 19:48:14,760 answer how much higher is our revenue 30234 19:48:13,040 --> 19:48:16,680 and how much more effective is our 30235 19:48:14,760 --> 19:48:19,080 marketing or more efficient is our 30236 19:48:16,680 --> 19:48:21,160 marketing because we don't have that 30237 19:48:19,080 --> 19:48:23,192 headache over our heads of that cost of 30238 19:48:21,160 --> 19:48:25,232 goods optimization that we're doing so 30239 19:48:23,192 --> 19:48:28,512 think of it everything ties back to the 30240 19:48:25,232 --> 19:48:31,320 p&l that 10% tradeoff and cost of goods 30241 19:48:28,512 --> 19:48:33,320 percentage yes that's a win but what is 30242 19:48:31,320 --> 19:48:34,512 the hit to your your cost per 30243 19:48:33,320 --> 19:48:36,320 acquisition because you're not putting 30244 19:48:34,512 --> 19:48:37,480 time into that what's your hit to your 30245 19:48:36,320 --> 19:48:40,320 conversion rate because you're not 30246 19:48:37,480 --> 19:48:41,640 optimizing your website um what's the 30247 19:48:40,320 --> 19:48:42,920 hit how much more could you be making 30248 19:48:41,640 --> 19:48:45,512 off your email marketing if you 30249 19:48:42,920 --> 19:48:48,400 dedicated that time to your email and 30250 19:48:45,512 --> 19:48:51,192 then once you start stacking it becomes 30251 19:48:48,400 --> 19:48:53,920 like uh you know in my mind a pretty 30252 19:48:51,192 --> 19:48:55,760 easy trade-off to realize like it's just 30253 19:48:53,920 --> 19:48:58,192 better off focusing on that stuff and 30254 19:48:55,760 --> 19:49:00,960 leave the supply chain like lowering the 30255 19:48:58,192 --> 19:49:02,832 cost of goods to somebody else yeah you 30256 19:49:00,960 --> 19:49:04,920 can definitely save some money by screen 30257 19:49:02,832 --> 19:49:06,720 printing a lot up front but I would not 30258 19:49:04,920 --> 19:49:08,960 recommend that until much further down 30259 19:49:06,720 --> 19:49:11,040 the road again printify makes it so easy 30260 19:49:08,960 --> 19:49:12,600 it's very like their pricing is so much 30261 19:49:11,040 --> 19:49:14,872 better than anywhere else at least that 30262 19:49:12,600 --> 19:49:16,680 I found that it it makes it a no-brainer 30263 19:49:14,872 --> 19:49:18,120 decision for us I don't mean to dissuade 30264 19:49:16,680 --> 19:49:19,400 anybody from going that route but I'm 30265 19:49:18,120 --> 19:49:21,000 just the whole point of this course is 30266 19:49:19,400 --> 19:49:22,320 sharing what the mistakes that I've made 30267 19:49:21,000 --> 19:49:23,872 I've seen lots of people make that 30268 19:49:22,320 --> 19:49:25,400 mistake sharing that experience 30269 19:49:23,872 --> 19:49:28,760 hopefully that's valuable to you thanks 30270 19:49:25,400 --> 19:49:28,760 for watching and I'll see you 30271 19:49:31,060 --> 19:49:34,170 [Music] 30272 19:49:38,192 --> 19:49:43,040 soon module 10 exit 30273 19:49:41,232 --> 19:49:44,400 in this module and in this video 30274 19:49:43,040 --> 19:49:46,832 specifically we're going to be talking 30275 19:49:44,400 --> 19:49:49,320 about what the exit process or 30276 19:49:46,832 --> 19:49:51,800 ultimately selling your business for a 30277 19:49:49,320 --> 19:49:54,160 multiple of your profits and this is a 30278 19:49:51,800 --> 19:49:55,832 pretty exciting topic for me to cover 30279 19:49:54,160 --> 19:49:58,640 because I personally just went through 30280 19:49:55,832 --> 19:50:00,760 it relatively recently and learned a lot 30281 19:49:58,640 --> 19:50:03,360 in the process ton of things that I just 30282 19:50:00,760 --> 19:50:04,920 had no idea about going into it and 30283 19:50:03,360 --> 19:50:07,800 things that made me a better business 30284 19:50:04,920 --> 19:50:09,832 owner and operator overall having been 30285 19:50:07,800 --> 19:50:12,000 on the other side of it now and so our 30286 19:50:09,832 --> 19:50:14,480 goal for this mod module is to be able 30287 19:50:12,000 --> 19:50:16,512 to ultimately sell our businesses for a 30288 19:50:14,480 --> 19:50:20,160 life-changing amount of 30289 19:50:16,512 --> 19:50:22,800 money the process is building growing 30290 19:50:20,160 --> 19:50:24,760 scaling and then we're able to sell it 30291 19:50:22,800 --> 19:50:26,800 so all of the modules leading up to this 30292 19:50:24,760 --> 19:50:28,280 point it's kind of the prerequisite 30293 19:50:26,800 --> 19:50:30,832 obviously to have something that's able 30294 19:50:28,280 --> 19:50:33,360 to be sold and you can make really good 30295 19:50:30,832 --> 19:50:34,640 money by running a profitable e-commerce 30296 19:50:33,360 --> 19:50:36,920 business but you can make a 30297 19:50:34,640 --> 19:50:39,360 life-changing amount of money by selling 30298 19:50:36,920 --> 19:50:43,000 one reason being is that you know you're 30299 19:50:39,360 --> 19:50:45,000 running it annually making 1X of your of 30300 19:50:43,000 --> 19:50:47,280 your profit which can be good like if 30301 19:50:45,000 --> 19:50:49,120 you're making 200k a year profit off 30302 19:50:47,280 --> 19:50:51,832 your business that's great but then when 30303 19:50:49,120 --> 19:50:55,440 you go to sell it you can realize 30304 19:50:51,832 --> 19:50:57,832 anywhere from 3 and 1/2 to 5 years of 30305 19:50:55,440 --> 19:51:00,192 profit up front all at once now there's 30306 19:50:57,832 --> 19:51:02,360 a lot of variables a lot of like little 30307 19:51:00,192 --> 19:51:05,480 asteris to put next to that multiples 30308 19:51:02,360 --> 19:51:07,360 can go down to like a 2 to 5x five being 30309 19:51:05,480 --> 19:51:09,192 on the the upper end we're going to talk 30310 19:51:07,360 --> 19:51:11,760 about all of that 30311 19:51:09,192 --> 19:51:13,832 later and the real goal is to be 30312 19:51:11,760 --> 19:51:15,280 building a business that is attractive 30313 19:51:13,832 --> 19:51:18,600 for potential buyers we're going to talk 30314 19:51:15,280 --> 19:51:20,760 about what that means in this module so 30315 19:51:18,600 --> 19:51:22,960 lesson one is going to be about building 30316 19:51:20,760 --> 19:51:25,600 a sellable business like what goes into 30317 19:51:22,960 --> 19:51:27,400 that and just as an overarching point 30318 19:51:25,600 --> 19:51:30,552 this is a great module to go through 30319 19:51:27,400 --> 19:51:32,960 even if this feels like far far away 30320 19:51:30,552 --> 19:51:34,680 even this if this is like Chris I'm just 30321 19:51:32,960 --> 19:51:37,360 like setting up my Shopify store for the 30322 19:51:34,680 --> 19:51:40,720 first time like chill with the exiting 30323 19:51:37,360 --> 19:51:42,640 for a ton of money like it's still good 30324 19:51:40,720 --> 19:51:44,192 things to be aware of that I wish I knew 30325 19:51:42,640 --> 19:51:46,440 even back when I was starting out 30326 19:51:44,192 --> 19:51:49,040 because it's just good practices and 30327 19:51:46,440 --> 19:51:50,832 fundamentals to like it's a good mindset 30328 19:51:49,040 --> 19:51:52,872 to be building it as if you were going 30329 19:51:50,832 --> 19:51:54,720 to sell it cuz that's the most valuable 30330 19:51:52,872 --> 19:51:57,280 version of the business and I certainly 30331 19:51:54,720 --> 19:51:59,680 did not have that mindset early on as I 30332 19:51:57,280 --> 19:52:01,720 was growing I was just like cash flow 30333 19:51:59,680 --> 19:52:03,600 oriented just wanted to put money in the 30334 19:52:01,720 --> 19:52:05,360 bank and didn't really have a big 30335 19:52:03,600 --> 19:52:08,000 overarching Vision or goal for the 30336 19:52:05,360 --> 19:52:09,160 brands but anyway so lesson two we're 30337 19:52:08,000 --> 19:52:10,872 going to talk about when is the right 30338 19:52:09,160 --> 19:52:12,760 time to sell more importantly when the 30339 19:52:10,872 --> 19:52:15,320 wrong time to sell is a much easier way 30340 19:52:12,760 --> 19:52:17,232 to frame that and what that means then 30341 19:52:15,320 --> 19:52:19,160 lesson three we're going to talk about 30342 19:52:17,232 --> 19:52:22,000 preparing your business to sell and 30343 19:52:19,160 --> 19:52:23,512 what's the leadup process to actually 30344 19:52:22,000 --> 19:52:25,960 being able to go to market and this 30345 19:52:23,512 --> 19:52:27,320 stage took me close to like 6 months 30346 19:52:25,960 --> 19:52:29,320 just because I had no idea what I was 30347 19:52:27,320 --> 19:52:31,000 doing if you're doing all this stuff 30348 19:52:29,320 --> 19:52:34,080 while you're running the business very 30349 19:52:31,000 --> 19:52:36,040 quick very easy but when you have a 30350 19:52:34,080 --> 19:52:38,920 backlog of administrative and 30351 19:52:36,040 --> 19:52:40,680 bookkeeping work to do that's when this 30352 19:52:38,920 --> 19:52:43,160 one can really shoot you in the foot 30353 19:52:40,680 --> 19:52:44,192 hence the reason we're learning it now 30354 19:52:43,160 --> 19:52:46,832 Lesson Four we're going to talk about 30355 19:52:44,192 --> 19:52:48,920 going to Market and talking with Buyers 30356 19:52:46,832 --> 19:52:50,800 what those interactions look like some 30357 19:52:48,920 --> 19:52:53,080 ins and outs that I wasn't aware of what 30358 19:52:50,800 --> 19:52:55,192 to say what not to say some things to 30359 19:52:53,080 --> 19:52:57,600 watch out for how to like gauge what's a 30360 19:52:55,192 --> 19:52:59,320 serious buyer versus just a tire kicker 30361 19:52:57,600 --> 19:53:00,600 who's out there trying to you know 30362 19:52:59,320 --> 19:53:02,640 figure out your 30363 19:53:00,600 --> 19:53:03,960 store uh in lesson five we're going to 30364 19:53:02,640 --> 19:53:06,000 talk about the next stage of selling 30365 19:53:03,960 --> 19:53:08,360 which is receiving Lois which is letter 30366 19:53:06,000 --> 19:53:10,512 of intent and the due diligence process 30367 19:53:08,360 --> 19:53:14,000 so once you get past the stage of just 30368 19:53:10,512 --> 19:53:15,400 you know courting different buyers and 30369 19:53:14,000 --> 19:53:17,480 you move into the stage of like people 30370 19:53:15,400 --> 19:53:19,832 are actually serious and they express a 30371 19:53:17,480 --> 19:53:22,160 letter of intent like intent to buy your 30372 19:53:19,832 --> 19:53:24,120 business what that stage looks like and 30373 19:53:22,160 --> 19:53:25,872 kind of the dynamic shift that happens 30374 19:53:24,120 --> 19:53:28,000 around there and then what going through 30375 19:53:25,872 --> 19:53:30,232 due diligence basically the point of the 30376 19:53:28,000 --> 19:53:32,280 the process where the buyer is able to 30377 19:53:30,232 --> 19:53:34,480 look at everything like tear open your 30378 19:53:32,280 --> 19:53:37,192 business and see the guts of it 30379 19:53:34,480 --> 19:53:39,040 basically and how to prepare for that 30380 19:53:37,192 --> 19:53:41,720 and lesson six is the closing and 30381 19:53:39,040 --> 19:53:43,600 transition so after you get through Loi 30382 19:53:41,720 --> 19:53:47,320 due diligence everything's good you guys 30383 19:53:43,600 --> 19:53:49,872 agree on you know a closing sale price 30384 19:53:47,320 --> 19:53:51,800 and you know you sign the paperwork talk 30385 19:53:49,872 --> 19:53:53,440 about like different deal structures and 30386 19:53:51,800 --> 19:53:56,720 that sort of thing but then there's also 30387 19:53:53,440 --> 19:53:58,680 the transition so doesn't just stop at 30388 19:53:56,720 --> 19:54:00,552 paper signed like there you go good luck 30389 19:53:58,680 --> 19:54:02,760 there's a very important transition 30390 19:54:00,552 --> 19:54:04,400 process where you are helping the buyer 30391 19:54:02,760 --> 19:54:06,512 take over the business and guarantee 30392 19:54:04,400 --> 19:54:08,400 their success is kind of like our 30393 19:54:06,512 --> 19:54:09,960 philosophy is for all of our businesses 30394 19:54:08,400 --> 19:54:13,000 like we want the customer to feel like 30395 19:54:09,960 --> 19:54:14,640 they got a great deal you want like the 30396 19:54:13,000 --> 19:54:16,232 biggest customer of your business is 30397 19:54:14,640 --> 19:54:17,832 somebody who's acquiring it you want 30398 19:54:16,232 --> 19:54:19,600 them to feel like they got a phenomenal 30399 19:54:17,832 --> 19:54:21,640 deal one of the biggest ways you do that 30400 19:54:19,600 --> 19:54:26,000 is by being there providing whatever 30401 19:54:21,640 --> 19:54:26,000 transition support or Services they may 30402 19:54:28,320 --> 19:54:33,320 need and some things to watch out for as 30403 19:54:30,920 --> 19:54:34,800 we're talking about the exit process is 30404 19:54:33,320 --> 19:54:37,360 just to put it in perspective that this 30405 19:54:34,800 --> 19:54:39,400 can be a very long process especially if 30406 19:54:37,360 --> 19:54:41,040 you haven't done it before there's a lot 30407 19:54:39,400 --> 19:54:43,720 of like with all this stuff there's a 30408 19:54:41,040 --> 19:54:46,192 lot of like ignorance or knowledge debt 30409 19:54:43,720 --> 19:54:48,160 that I certainly wasn't aware of my goal 30410 19:54:46,192 --> 19:54:49,832 for this is to explain this is to make 30411 19:54:48,160 --> 19:54:52,000 it go as smoothly as possible but it is 30412 19:54:49,832 --> 19:54:53,720 a long process so don't think like 30413 19:54:52,000 --> 19:54:55,920 you're going to decide one day like oh 30414 19:54:53,720 --> 19:54:57,400 I'm going to sell my business and like 30415 19:54:55,920 --> 19:54:59,192 next month you're going to have it sold 30416 19:54:57,400 --> 19:55:01,640 unless you're like very experienced with 30417 19:54:59,192 --> 19:55:03,280 like deal structures and finding buyers 30418 19:55:01,640 --> 19:55:05,680 and closing that's going to be pretty 30419 19:55:03,280 --> 19:55:09,160 tough but I think three to six months is 30420 19:55:05,680 --> 19:55:11,320 a a relatively like that's a good time 30421 19:55:09,160 --> 19:55:13,232 frame you could expect if not longer 30422 19:55:11,320 --> 19:55:15,080 like from when I decided to sell to when 30423 19:55:13,232 --> 19:55:18,192 we actually sold the first brand I think 30424 19:55:15,080 --> 19:55:19,160 it was about six or seven months but 30425 19:55:18,192 --> 19:55:20,872 yeah just to give you a frame of 30426 19:55:19,160 --> 19:55:22,192 reference the other thing to watch out 30427 19:55:20,872 --> 19:55:23,960 for one of the biggest lessons that I'll 30428 19:55:22,192 --> 19:55:26,440 give you up front is just keep clean and 30429 19:55:23,960 --> 19:55:28,832 organized financials from day one of 30430 19:55:26,440 --> 19:55:31,280 your business and that makes a potential 30431 19:55:28,832 --> 19:55:33,040 exit down the road so much easier it's 30432 19:55:31,280 --> 19:55:35,000 that's we're going to talk about that in 30433 19:55:33,040 --> 19:55:36,512 one of these lessons but it's an 30434 19:55:35,000 --> 19:55:38,720 absolute requirement to talk to any 30435 19:55:36,512 --> 19:55:40,232 buyers any serious buyers they want 30436 19:55:38,720 --> 19:55:42,440 completely clean and organized 30437 19:55:40,232 --> 19:55:44,160 financials that they can poke holes in 30438 19:55:42,440 --> 19:55:46,360 like ask questions and you know the 30439 19:55:44,160 --> 19:55:48,360 answer like that and there's no like 30440 19:55:46,360 --> 19:55:50,160 going back and forth like oh well maybe 30441 19:55:48,360 --> 19:55:52,480 that number oh that one number that's 30442 19:55:50,160 --> 19:55:54,000 off just because of this no legitimate 30443 19:55:52,480 --> 19:55:55,512 buyer ever wants to hear anything like 30444 19:55:54,000 --> 19:55:57,480 that they want to hear that you have 30445 19:55:55,512 --> 19:56:00,040 backup and proof for every single number 30446 19:55:57,480 --> 19:56:02,160 on your financials cuz like put yourself 30447 19:56:00,040 --> 19:56:04,440 in the buyer shoes is a good frame like 30448 19:56:02,160 --> 19:56:05,720 if you were potentially outlaying 30449 19:56:04,440 --> 19:56:07,192 hundreds of thousands or millions of 30450 19:56:05,720 --> 19:56:10,320 dollars for a business would you want to 30451 19:56:07,192 --> 19:56:12,920 hear any kind of floundering of like you 30452 19:56:10,320 --> 19:56:14,680 know uh well this and that like maybe 30453 19:56:12,920 --> 19:56:16,360 that number's not off like at least for 30454 19:56:14,680 --> 19:56:18,160 me if I was a potential buyer if I heard 30455 19:56:16,360 --> 19:56:20,232 any of that I'd be gone and then like I 30456 19:56:18,160 --> 19:56:21,800 mentioned uh we're going to talk about 30457 19:56:20,232 --> 19:56:23,512 watching out for tire kickers and people 30458 19:56:21,800 --> 19:56:25,760 that just aren't serious this happened a 30459 19:56:23,512 --> 19:56:27,920 lot on the Shopify exchange which wasn't 30460 19:56:25,760 --> 19:56:29,552 which isn't a thing anymore fortunately 30461 19:56:27,920 --> 19:56:30,872 but you get people that act like they 30462 19:56:29,552 --> 19:56:32,640 have money and that they're interested 30463 19:56:30,872 --> 19:56:33,920 in buying but really they're just trying 30464 19:56:32,640 --> 19:56:35,552 to figure out what your store is so they 30465 19:56:33,920 --> 19:56:37,080 can rip you off and we're going to talk 30466 19:56:35,552 --> 19:56:39,360 about ways you can take your company to 30467 19:56:37,080 --> 19:56:40,800 Market one of which being Brokers and 30468 19:56:39,360 --> 19:56:42,552 another lesson I want to UPF front is 30469 19:56:40,800 --> 19:56:44,552 that there's a lot of different types of 30470 19:56:42,552 --> 19:56:47,232 Brokers a lot of them can be like used 30471 19:56:44,552 --> 19:56:49,192 car salesmen that are just you know 30472 19:56:47,232 --> 19:56:51,080 trying to get a quick sale and always 30473 19:56:49,192 --> 19:56:53,192 remember that when you talk with Brokers 30474 19:56:51,080 --> 19:56:55,160 they their interest is in getting you to 30475 19:56:53,192 --> 19:56:56,680 sign on with them as a client so they 30476 19:56:55,160 --> 19:56:58,680 will tell you like they're selling to 30477 19:56:56,680 --> 19:57:01,160 you they're trying to get you to sign 30478 19:56:58,680 --> 19:57:03,120 with them that they can then take your 30479 19:57:01,160 --> 19:57:04,872 Market to take your business to Market 30480 19:57:03,120 --> 19:57:05,832 and earn a commission on the sale so 30481 19:57:04,872 --> 19:57:07,920 when you're having those initial 30482 19:57:05,832 --> 19:57:09,232 conversations with Brokers just keep in 30483 19:57:07,920 --> 19:57:10,600 the back of your mind that like it's 30484 19:57:09,232 --> 19:57:11,832 their job to sell you you and they're 30485 19:57:10,600 --> 19:57:13,080 going to tell you what you want to hear 30486 19:57:11,832 --> 19:57:15,552 like they're going to say like oh yeah 30487 19:57:13,080 --> 19:57:17,960 we can go to market with like a 5x and 30488 19:57:15,552 --> 19:57:19,160 like we'll back down to like a 4 and A2 30489 19:57:17,960 --> 19:57:21,832 like they'll tell you all the right 30490 19:57:19,160 --> 19:57:25,160 stuff and then when all said and done 30491 19:57:21,832 --> 19:57:27,192 you end up selling like a 2 and 1/2x and 30492 19:57:25,160 --> 19:57:29,040 you know then they're saying like oh 30493 19:57:27,192 --> 19:57:31,440 that's just what happens sometimes so 30494 19:57:29,040 --> 19:57:32,960 just keep in mind like the broker 30495 19:57:31,440 --> 19:57:35,192 relationship if you decide to go that 30496 19:57:32,960 --> 19:57:37,920 route that you know where their 30497 19:57:35,192 --> 19:57:42,080 incentives lie and a good business exit 30498 19:57:37,920 --> 19:57:44,280 takes around 18 to 24 months at least to 30499 19:57:42,080 --> 19:57:45,680 to sell it like building the business 30500 19:57:44,280 --> 19:57:48,232 like you you're not really going to 30501 19:57:45,680 --> 19:57:49,400 start a business and and then sell it 6 30502 19:57:48,232 --> 19:57:51,040 months after you launch it because 30503 19:57:49,400 --> 19:57:52,480 there's not enough history so there's a 30504 19:57:51,040 --> 19:57:54,360 quick overview of what we're going to be 30505 19:57:52,480 --> 19:57:55,960 covering in the exit module I'm really 30506 19:57:54,360 --> 19:57:57,510 excited for this one hope you guys enjoy 30507 19:57:55,960 --> 19:58:05,999 it and I'll see you 30508 19:57:57,510 --> 19:58:05,999 [Music] 30509 19:58:08,680 --> 19:58:12,960 soon this l we're going to be talking 30510 19:58:11,000 --> 19:58:15,600 about the different variables that go 30511 19:58:12,960 --> 19:58:18,640 into building a business that is capable 30512 19:58:15,600 --> 19:58:20,552 of being sold and how we can lay the 30513 19:58:18,640 --> 19:58:22,280 foundations for a business that the 30514 19:58:20,552 --> 19:58:24,400 buyers would actually be attracted to 30515 19:58:22,280 --> 19:58:27,640 and not just building like a heap of 30516 19:58:24,400 --> 19:58:28,680 crap that might generate some cash flow 30517 19:58:27,640 --> 19:58:30,680 but at the end of the day we're going to 30518 19:58:28,680 --> 19:58:33,512 be begging buyers to just take it off 30519 19:58:30,680 --> 19:58:36,440 our hands and there's two very different 30520 19:58:33,512 --> 19:58:38,760 scenarios and fortunately there's very 30521 19:58:36,440 --> 19:58:41,680 little things that we can be doing in 30522 19:58:38,760 --> 19:58:43,160 the day-to-day if you start early that 30523 19:58:41,680 --> 19:58:45,480 it just takes being aware of these 30524 19:58:43,160 --> 19:58:47,160 things to know that it should be a focal 30525 19:58:45,480 --> 19:58:49,320 point in the business I'll give you some 30526 19:58:47,160 --> 19:58:51,040 examples but first I want to explain 30527 19:58:49,320 --> 19:58:52,232 what are the different types of buyers 30528 19:58:51,040 --> 19:58:55,000 and really putting ourselves in the 30529 19:58:52,232 --> 19:58:57,232 buyer shoe and thinking like if I was a 30530 19:58:55,000 --> 19:58:58,720 potential buyer think of yourself as 30531 19:58:57,232 --> 19:59:01,160 somebody who's sitting on a couple 30532 19:58:58,720 --> 19:59:04,440 million or so there's the investment 30533 19:59:01,160 --> 19:59:06,120 groups that might just buy you for as a 30534 19:59:04,440 --> 19:59:08,640 passive investment that they want to buy 30535 19:59:06,120 --> 19:59:10,400 it and hopefully see a return on their 30536 19:59:08,640 --> 19:59:12,080 investment like they don't have any 30537 19:59:10,400 --> 19:59:13,800 existing portfolio of businesses that 30538 19:59:12,080 --> 19:59:16,600 they're going to try to roll you into 30539 19:59:13,800 --> 19:59:18,232 but they might just you know be bullish 30540 19:59:16,600 --> 19:59:20,440 on e-commerce in general and they think 30541 19:59:18,232 --> 19:59:22,160 that by buying you that's potentially a 30542 19:59:20,440 --> 19:59:25,040 way that you know they're going to grow 30543 19:59:22,160 --> 19:59:26,600 their Investment Portfolio value so 30544 19:59:25,040 --> 19:59:28,192 basically they're looking for businesses 30545 19:59:26,600 --> 19:59:30,480 that are just passive that they can 30546 19:59:28,192 --> 19:59:32,800 acquire and that they could expect to 30547 19:59:30,480 --> 19:59:34,000 continue to grow that's typically not 30548 19:59:32,800 --> 19:59:36,440 the kind of buyer that would be 30549 19:59:34,000 --> 19:59:37,960 interested in these smaller Shopify 30550 19:59:36,440 --> 19:59:41,720 Brands but it's important to still 30551 19:59:37,960 --> 19:59:43,680 mention the second group is a strategic 30552 19:59:41,720 --> 19:59:45,232 acquisition so a group that like for 30553 19:59:43,680 --> 19:59:48,680 yoga state for example if we got 30554 19:59:45,232 --> 19:59:51,160 acquired by like gam a Big Yoga company 30555 19:59:48,680 --> 19:59:53,832 they would be strategically acquiring us 30556 19:59:51,160 --> 19:59:55,192 to roll them into like their existing 30557 19:59:53,832 --> 19:59:56,960 Suite of products so maybe they're 30558 19:59:55,192 --> 19:59:59,232 interested in our customer list maybe 30559 19:59:56,960 --> 20:00:00,512 they like our Unique Products maybe they 30560 19:59:59,232 --> 20:00:02,192 just want to put us out of business so 30561 20:00:00,512 --> 20:00:04,160 that we stop competing with them like 30562 20:00:02,192 --> 20:00:06,360 there's a lot of different variations 30563 20:00:04,160 --> 20:00:09,000 there then the third would be like a 30564 20:00:06,360 --> 20:00:10,600 home office or like a smalltime buyer or 30565 20:00:09,000 --> 20:00:12,640 like somebody who like some of the 30566 20:00:10,600 --> 20:00:14,760 people I talked to when we were taking 30567 20:00:12,640 --> 20:00:17,192 yoga State Market were like people that 30568 20:00:14,760 --> 20:00:18,960 had success in other areas other careers 30569 20:00:17,192 --> 20:00:21,800 and all that kind of thing and then they 30570 20:00:18,960 --> 20:00:23,600 wanted to get into e-commerce and rather 30571 20:00:21,800 --> 20:00:25,440 than trying to learn it all themsel they 30572 20:00:23,600 --> 20:00:27,120 wanted to acquire us and then use like 30573 20:00:25,440 --> 20:00:28,832 the transition is kind of a way to to 30574 20:00:27,120 --> 20:00:31,160 learn it faster but in all those 30575 20:00:28,832 --> 20:00:33,000 scenarios the things that those buyers 30576 20:00:31,160 --> 20:00:36,480 would be looking for are these 30577 20:00:33,000 --> 20:00:38,440 attributes so excuse the beautiful 30578 20:00:36,480 --> 20:00:40,232 calligraphy style handwriting you see 30579 20:00:38,440 --> 20:00:41,720 here but the information is important or 30580 20:00:40,232 --> 20:00:43,120 the the information is good that's all 30581 20:00:41,720 --> 20:00:45,512 that matters and these were things that 30582 20:00:43,120 --> 20:00:48,040 I was not aware of at all when I first 30583 20:00:45,512 --> 20:00:49,760 went to Market so just keep that in mind 30584 20:00:48,040 --> 20:00:52,440 so first thing that buyers are looking 30585 20:00:49,760 --> 20:00:54,192 for is size they a lot of them will not 30586 20:00:52,440 --> 20:00:56,872 even entertain the idea of buying a 30587 20:00:54,192 --> 20:00:59,640 business that is under a certain size so 30588 20:00:56,872 --> 20:01:01,872 at least in the range of like to 30589 20:00:59,640 --> 20:01:04,552 activate like most buyer interest who 30590 20:01:01,872 --> 20:01:06,680 aren't just like small like individual 30591 20:01:04,552 --> 20:01:08,960 shops or like e-commerce sellers for 30592 20:01:06,680 --> 20:01:10,800 like actual buyers in the range of like 30593 20:01:08,960 --> 20:01:13,920 at least a couple hundred ,000 in 30594 20:01:10,800 --> 20:01:17,872 trailing 12 iida and iida is earnings 30595 20:01:13,920 --> 20:01:20,280 before interest depreciation taxes and 30596 20:01:17,872 --> 20:01:21,832 amortization there we go accounting 30597 20:01:20,280 --> 20:01:23,192 basically your net profit and that's 30598 20:01:21,832 --> 20:01:24,720 what your business is going to be valued 30599 20:01:23,192 --> 20:01:27,120 off of it's going to be based off of 30600 20:01:24,720 --> 20:01:29,120 your trailing 12 net income the very 30601 20:01:27,120 --> 20:01:30,760 bottom of the p&l template we gave you 30602 20:01:29,120 --> 20:01:32,552 whatever that number is you have like 30603 20:01:30,760 --> 20:01:34,232 addb backs like whatever you added 30604 20:01:32,552 --> 20:01:36,192 whatever you paid yourself or that sort 30605 20:01:34,232 --> 20:01:39,080 of thing gets added back to that bottom 30606 20:01:36,192 --> 20:01:41,160 line but so whatever you're trailing the 30607 20:01:39,080 --> 20:01:43,360 last 12 months whatever that net profit 30608 20:01:41,160 --> 20:01:46,120 number is that's what a multiple will be 30609 20:01:43,360 --> 20:01:48,512 applied to so and a multiple like I said 30610 20:01:46,120 --> 20:01:50,440 in the overview can be anything from 30611 20:01:48,512 --> 20:01:51,832 like a two to the average is like a 30612 20:01:50,440 --> 20:01:56,160 three and a half but like anything from 30613 20:01:51,832 --> 20:01:59,192 like a two to a 5x plus and that range 30614 20:01:56,160 --> 20:02:01,832 normally is tied directly to a couple of 30615 20:01:59,192 --> 20:02:03,512 things but most of which is the size 30616 20:02:01,832 --> 20:02:05,872 like if you're a much larger business 30617 20:02:03,512 --> 20:02:07,440 like 2 million plus in iida that's where 30618 20:02:05,872 --> 20:02:10,080 you can be looking at the range of like 30619 20:02:07,440 --> 20:02:12,232 5 to 6X again this is e Commerce 30620 20:02:10,080 --> 20:02:14,040 businesses so like SAS and you know 30621 20:02:12,232 --> 20:02:16,192 service businesses it's different like 30622 20:02:14,040 --> 20:02:18,040 SAS is based off of multiple revenue for 30623 20:02:16,192 --> 20:02:20,680 different reasons but anyway just know 30624 20:02:18,040 --> 20:02:23,440 for e-commerce 2 to 5x a trailing 12 30625 20:02:20,680 --> 20:02:25,920 month profit is on average so if you did 30626 20:02:23,440 --> 20:02:28,680 100K profit in the last 12 months you'll 30627 20:02:25,920 --> 20:02:30,440 be looking at a $2 to $500,000 payout 30628 20:02:28,680 --> 20:02:34,000 for that second thing they look for is 30629 20:02:30,440 --> 20:02:35,832 history and a lot of buyers won't like 30630 20:02:34,000 --> 20:02:38,320 really consider a business that is less 30631 20:02:35,832 --> 20:02:41,040 than 2 years old because they just don't 30632 20:02:38,320 --> 20:02:42,720 view it as sustainable enough or not 30633 20:02:41,040 --> 20:02:44,320 sustainable like not proven enough like 30634 20:02:42,720 --> 20:02:46,080 you haven't gone through enough like 30635 20:02:44,320 --> 20:02:49,400 seasonal Trends you haven't gone through 30636 20:02:46,080 --> 20:02:50,872 like enough ups and downs whereas and 30637 20:02:49,400 --> 20:02:52,440 again put yourself in the the shoes of 30638 20:02:50,872 --> 20:02:55,000 the buyer would you rather have a com 30639 20:02:52,440 --> 20:02:57,552 buy a company that had good track record 30640 20:02:55,000 --> 20:02:59,232 in history for a year or would you 30641 20:02:57,552 --> 20:03:01,280 rather buy a business that have been 30642 20:02:59,232 --> 20:03:03,552 around for 10 years and have been seeing 30643 20:03:01,280 --> 20:03:05,552 consistent returns like obviously the 30644 20:03:03,552 --> 20:03:07,400 10y year one because it's much more 30645 20:03:05,552 --> 20:03:10,120 proven than this one year like what if 30646 20:03:07,400 --> 20:03:11,512 in year two you know something happens 30647 20:03:10,120 --> 20:03:14,600 that the business hasn't experienced 30648 20:03:11,512 --> 20:03:16,080 before and sales drop off a cliff with 30649 20:03:14,600 --> 20:03:17,920 there's a much greater risk of that than 30650 20:03:16,080 --> 20:03:19,640 with the 10-year business pretty good 30651 20:03:17,920 --> 20:03:20,960 chance that it's already seen a lot of 30652 20:03:19,640 --> 20:03:22,832 the ups and downs that it's going to 30653 20:03:20,960 --> 20:03:25,320 experience not everything obviously like 30654 20:03:22,832 --> 20:03:27,120 Co come out of nowhere but you know by 30655 20:03:25,320 --> 20:03:29,720 and large the older the better and the 30656 20:03:27,120 --> 20:03:31,440 third thing which is arguably the most 30657 20:03:29,720 --> 20:03:34,440 important is seeing year-over-year 30658 20:03:31,440 --> 20:03:36,720 growth and it's super important because 30659 20:03:34,440 --> 20:03:38,680 buyers want to see that the asset that 30660 20:03:36,720 --> 20:03:40,760 they're going to be acquiring is one 30661 20:03:38,680 --> 20:03:42,960 that's on an upward Trend you should be 30662 20:03:40,760 --> 20:03:45,440 targeting like 15 to 20% year-over-year 30663 20:03:42,960 --> 20:03:47,832 growth so what that means is if in year 30664 20:03:45,440 --> 20:03:49,720 one you did 100 Grand in sales then in 30665 20:03:47,832 --> 20:03:52,280 year two you want to be shooting to do 30666 20:03:49,720 --> 20:03:55,440 at least 120 Grand in sales while 30667 20:03:52,280 --> 20:03:58,160 maintaining the same net profit so 120 30668 20:03:55,440 --> 20:04:02,192 Grand the second year then third year 30669 20:03:58,160 --> 20:04:05,360 another 20% that would be 144 Grand in 30670 20:04:02,192 --> 20:04:07,512 sales and then 20% on that that's the 30671 20:04:05,360 --> 20:04:10,320 the nice steady growth curve that you 30672 20:04:07,512 --> 20:04:12,192 want to shoot for the worst thing to 30673 20:04:10,320 --> 20:04:14,000 have when you're going to Market is 30674 20:04:12,192 --> 20:04:16,800 either a flat or absolutely worst case 30675 20:04:14,000 --> 20:04:21,280 scenario is a declining growth Trend if 30676 20:04:16,800 --> 20:04:26,192 they see that you went from 100 to 80 to 30677 20:04:21,280 --> 20:04:28,640 60 is like 20% 64 like that is a massive 30678 20:04:26,192 --> 20:04:31,120 red flag and then you are going to it's 30679 20:04:28,640 --> 20:04:34,720 not undoable to sell it but you're going 30680 20:04:31,120 --> 20:04:37,192 to take a massive hit on your multiple 30681 20:04:34,720 --> 20:04:39,120 because you'll basically be seen as 30682 20:04:37,192 --> 20:04:41,512 selling like a melting Ice Cube or 30683 20:04:39,120 --> 20:04:42,960 selling like a depreciating asset and 30684 20:04:41,512 --> 20:04:45,120 the only buyers that would really 30685 20:04:42,960 --> 20:04:47,000 entertain the idea of acquiring you is 30686 20:04:45,120 --> 20:04:49,232 one that's going to be like basically 30687 20:04:47,000 --> 20:04:50,872 just buying you for parts which again 30688 20:04:49,232 --> 20:04:52,960 that's not the scenario we want to be in 30689 20:04:50,872 --> 20:04:55,640 SO size is important so we want to shoot 30690 20:04:52,960 --> 20:04:57,600 for doing like at least two to three 30691 20:04:55,640 --> 20:04:59,832 million a year in Revenue you can do 30692 20:04:57,600 --> 20:05:02,480 smaller like one to two but at least a 30693 20:04:59,832 --> 20:05:05,832 couple hundred th000 in trailing 12 30694 20:05:02,480 --> 20:05:08,160 profit and then at history at least 18 30695 20:05:05,832 --> 20:05:11,040 to 24 months and then growth shooting 30696 20:05:08,160 --> 20:05:12,760 for 15 to 20 I ideally higher 30697 20:05:11,040 --> 20:05:15,232 year-over-year sales while maintaining 30698 20:05:12,760 --> 20:05:17,760 the same net margin percentage and then 30699 20:05:15,232 --> 20:05:19,512 the next one is LTV so a lot of 30700 20:05:17,760 --> 20:05:22,832 companies open store especially they 30701 20:05:19,512 --> 20:05:25,832 evaluate the your company based on the 30702 20:05:22,832 --> 20:05:27,160 customer base and they look at how 30703 20:05:25,832 --> 20:05:28,832 active are your buyers like are they 30704 20:05:27,160 --> 20:05:30,800 coming back and buying from you again 30705 20:05:28,832 --> 20:05:33,720 and again because they know like a lot 30706 20:05:30,800 --> 20:05:35,080 of buyers that the a lot of the value 30707 20:05:33,720 --> 20:05:37,160 that's built up in your business is in 30708 20:05:35,080 --> 20:05:38,832 the customer base and they want to see 30709 20:05:37,160 --> 20:05:40,680 if that's something that's compounding 30710 20:05:38,832 --> 20:05:43,000 if there's evidence it compounding or if 30711 20:05:40,680 --> 20:05:44,600 it's just Flatline because if they see 30712 20:05:43,000 --> 20:05:47,680 compounding growth and they know they 30713 20:05:44,600 --> 20:05:48,960 can acquire it and like just like super 30714 20:05:47,680 --> 20:05:51,480 charge that but if they see that it's 30715 20:05:48,960 --> 20:05:53,760 Flatline like people are buying once 30716 20:05:51,480 --> 20:05:55,120 maybe twice and then they drop off they 30717 20:05:53,760 --> 20:05:57,800 see that as something like there's not a 30718 20:05:55,120 --> 20:05:59,120 lot of brand value there for whatever it 30719 20:05:57,800 --> 20:06:00,800 doesn't even matter like what the reason 30720 20:05:59,120 --> 20:06:02,800 is they just want to see that a high 30721 20:06:00,800 --> 20:06:05,680 returning customer rate that's why we 30722 20:06:02,800 --> 20:06:07,800 talk about LTV and getting your 30723 20:06:05,680 --> 20:06:09,120 customers to come back in a lot of 30724 20:06:07,800 --> 20:06:11,120 different lessons in the course is 30725 20:06:09,120 --> 20:06:13,760 because it's it's so important not just 30726 20:06:11,120 --> 20:06:15,040 for like your own you know it's a good 30727 20:06:13,760 --> 20:06:17,552 practice for your own business makes it 30728 20:06:15,040 --> 20:06:19,600 a lot more valuable but when you get to 30729 20:06:17,552 --> 20:06:22,320 potential like exit people want to see a 30730 20:06:19,600 --> 20:06:26,320 returning customer rate is like 20 25 30731 20:06:22,320 --> 20:06:27,760 30% next is channel so uh potential 30732 20:06:26,320 --> 20:06:29,920 buyers don't want to see that you were 30733 20:06:27,760 --> 20:06:32,232 just dependent on one channel like that 30734 20:06:29,920 --> 20:06:34,640 was a big thing that hurt us with our 30735 20:06:32,232 --> 20:06:37,552 valuation was that yoga day was so 30736 20:06:34,640 --> 20:06:39,680 dependent on uh just Facebook ads we had 30737 20:06:37,552 --> 20:06:41,832 other like coals in the fire irons and 30738 20:06:39,680 --> 20:06:43,872 fire but it was still too much it was 30739 20:06:41,832 --> 20:06:45,320 like over 50% was coming from Facebook 30740 20:06:43,872 --> 20:06:47,160 and Instagram which again putting 30741 20:06:45,320 --> 20:06:49,360 yourself in the shoes of a buyer if you 30742 20:06:47,160 --> 20:06:52,720 see you know a business is doing well 30743 20:06:49,360 --> 20:06:55,080 but 50 to 70% of their sales is coming 30744 20:06:52,720 --> 20:06:56,760 from one channel in your head you're 30745 20:06:55,080 --> 20:06:59,360 like well if that channel goes away if 30746 20:06:56,760 --> 20:07:02,720 anything happens then you know that 30747 20:06:59,360 --> 20:07:04,920 business loses half of its Revenue 30748 20:07:02,720 --> 20:07:08,000 overnight and then not only that but how 30749 20:07:04,920 --> 20:07:09,640 much of like the LTV Revenue that 30750 20:07:08,000 --> 20:07:11,280 they're seeing the other channels is 30751 20:07:09,640 --> 20:07:12,960 dependent on that one like their email 30752 20:07:11,280 --> 20:07:14,832 Revenue would drop off like everything 30753 20:07:12,960 --> 20:07:16,232 it would just kind of demolish the whole 30754 20:07:14,832 --> 20:07:18,920 business from the top down if that 30755 20:07:16,232 --> 20:07:20,920 channel goes away so the goal there is 30756 20:07:18,920 --> 20:07:22,280 to diversify our channels and this is a 30757 20:07:20,920 --> 20:07:24,192 good way to be thinking about your 30758 20:07:22,280 --> 20:07:25,920 business even now as you're starting is 30759 20:07:24,192 --> 20:07:28,400 start off with Facebook ads get really 30760 20:07:25,920 --> 20:07:31,192 good with that build it to a point where 30761 20:07:28,400 --> 20:07:34,800 you're doing 50 to 100K a month between 30762 20:07:31,192 --> 20:07:37,512 Facebook Google and email and then start 30763 20:07:34,800 --> 20:07:40,552 to look into diversifying to like Tik 30764 20:07:37,512 --> 20:07:43,512 Tok affiliates influenc ERS increasing 30765 20:07:40,552 --> 20:07:44,872 your Google spend just don't do it too 30766 20:07:43,512 --> 20:07:46,160 early because you'll end up with shiny 30767 20:07:44,872 --> 20:07:48,440 object syndrome and then you'll end up 30768 20:07:46,160 --> 20:07:51,600 with like five really shitty traffic 30769 20:07:48,440 --> 20:07:53,760 channels get really good at one and then 30770 20:07:51,600 --> 20:07:55,512 move on to the next but keep in mind 30771 20:07:53,760 --> 20:07:57,320 that like diversifying your channels is 30772 20:07:55,512 --> 20:08:00,000 always a good idea and this can also 30773 20:07:57,320 --> 20:08:02,552 come from diversifying to different 30774 20:08:00,000 --> 20:08:04,800 marketplaces like if you are able to 30775 20:08:02,552 --> 20:08:07,552 show that like 80% of your sales come 30776 20:08:04,800 --> 20:08:10,192 from Shopify but then 10% come from Etsy 30777 20:08:07,552 --> 20:08:12,552 10% come from Amazon uh which is 30778 20:08:10,192 --> 20:08:14,440 definitely doable then that's another 30779 20:08:12,552 --> 20:08:16,480 good way to diversify so diversify 30780 20:08:14,440 --> 20:08:18,872 traffic channels and marketplaces in 30781 20:08:16,480 --> 20:08:22,232 that order and then the last one is 30782 20:08:18,872 --> 20:08:23,960 keyman risk which is when they're 30783 20:08:22,232 --> 20:08:25,360 looking at the business one of the first 30784 20:08:23,960 --> 20:08:27,160 things they're going to ask you is 30785 20:08:25,360 --> 20:08:30,160 what's your involvement what do you do 30786 20:08:27,160 --> 20:08:33,160 in the day-to- day and if your answer is 30787 20:08:30,160 --> 20:08:35,160 I do everything then it immediately 30788 20:08:33,160 --> 20:08:38,000 flips in their mind that you don't have 30789 20:08:35,160 --> 20:08:40,600 a business you have a job and if I buy 30790 20:08:38,000 --> 20:08:42,800 this business and that person goes away 30791 20:08:40,600 --> 20:08:44,080 the business is worthless which is why 30792 20:08:42,800 --> 20:08:46,920 we talk about in the systems and 30793 20:08:44,080 --> 20:08:49,720 operations section that you need to be 30794 20:08:46,920 --> 20:08:51,400 systematizing and Outsourcing as many 30795 20:08:49,720 --> 20:08:53,000 processes within the business as 30796 20:08:51,400 --> 20:08:55,720 possible ideally getting to a point 30797 20:08:53,000 --> 20:08:58,440 where the business can run and grow on 30798 20:08:55,720 --> 20:09:00,360 its own without you for a number of 30799 20:08:58,440 --> 20:09:01,960 months and then if you go to market and 30800 20:09:00,360 --> 20:09:04,800 be able to tell buyers that I haven't 30801 20:09:01,960 --> 20:09:07,760 touched the business in six months and 30802 20:09:04,800 --> 20:09:09,920 you know it's growing at 15% you know 30803 20:09:07,760 --> 20:09:11,640 year-over-year or whatever it is 30804 20:09:09,920 --> 20:09:14,440 that's a much better story than saying I 30805 20:09:11,640 --> 20:09:16,720 do everything but customer service that 30806 20:09:14,440 --> 20:09:18,600 that's taken care of and uh I have 30807 20:09:16,720 --> 20:09:20,440 somebody who uploads my products but 30808 20:09:18,600 --> 20:09:22,192 yeah everything else is me that's a 30809 20:09:20,440 --> 20:09:25,000 that's a much tougher sell because you 30810 20:09:22,192 --> 20:09:27,440 are the key man so you want to key man 30811 20:09:25,000 --> 20:09:29,680 or woman so you want to remove yourself 30812 20:09:27,440 --> 20:09:31,320 from that as much as possible so the 30813 20:09:29,680 --> 20:09:33,000 takeaways these are the things that 30814 20:09:31,320 --> 20:09:35,120 buyers look for but in building our own 30815 20:09:33,000 --> 20:09:36,720 sellable business we want to hit the 30816 20:09:35,120 --> 20:09:40,000 certain size of at least a couple 30817 20:09:36,720 --> 20:09:42,360 hundred th000 in trailing 12 net in come 30818 20:09:40,000 --> 20:09:44,232 we want have 18 to 24 months in growth 30819 20:09:42,360 --> 20:09:47,192 like Yogi said we sold it like almost 30820 20:09:44,232 --> 20:09:50,280 exactly two months two years to the uh 30821 20:09:47,192 --> 20:09:52,800 like to the month uh then growth we want 30822 20:09:50,280 --> 20:09:56,232 to have 15 to 20% year-over-year growth 30823 20:09:52,800 --> 20:09:59,552 at least we want an LTV uh or returning 30824 20:09:56,232 --> 20:10:01,440 customer rate of like 20 to 25% ideally 30825 20:09:59,552 --> 20:10:03,000 uh we want to be Diversified to multiple 30826 20:10:01,440 --> 20:10:05,552 sales channels so we're not just 30827 20:10:03,000 --> 20:10:08,400 dependent on Facebook and we also don't 30828 20:10:05,552 --> 20:10:09,960 want to be the sole owner operator or 30829 20:10:08,400 --> 20:10:11,760 owners fine we don't want to be the sole 30830 20:10:09,960 --> 20:10:14,160 operator of the business we want there 30831 20:10:11,760 --> 20:10:16,552 to be a team that is managing the 30832 20:10:14,160 --> 20:10:18,832 day-to-day uh and we're just there as 30833 20:10:16,552 --> 20:10:21,360 like the upper level we're working on 30834 20:10:18,832 --> 20:10:23,080 the business not in it and review 30835 20:10:21,360 --> 20:10:26,232 everything in the the systems and 30836 20:10:23,080 --> 20:10:27,920 operation module uh for more on that and 30837 20:10:26,232 --> 20:10:30,800 then last last point I wanted to touch 30838 20:10:27,920 --> 20:10:34,760 on about building a sellable business is 30839 20:10:30,800 --> 20:10:38,040 this idea of keeping things simple doing 30840 20:10:34,760 --> 20:10:40,872 the simple yet effective things in our 30841 20:10:38,040 --> 20:10:43,640 business and not not allowing it to turn 30842 20:10:40,872 --> 20:10:47,400 into this Frankenstein of just glommed 30843 20:10:43,640 --> 20:10:50,360 on apps and widgets and like Trinkets 30844 20:10:47,400 --> 20:10:52,720 and like 1% of Revenue comes from this 30845 20:10:50,360 --> 20:10:55,040 little Marketplace 05 comes from that 30846 20:10:52,720 --> 20:10:56,360 Marketplace we have overhead and like 30847 20:10:55,040 --> 20:10:57,832 management that goes into those 30848 20:10:56,360 --> 20:11:01,920 marketplaces but they're really not 30849 20:10:57,832 --> 20:11:03,832 providing much value simplify everything 30850 20:11:01,920 --> 20:11:05,832 and picture yourself sitting down at the 30851 20:11:03,832 --> 20:11:08,280 table with a potential buyer somebody 30852 20:11:05,832 --> 20:11:11,160 who picture somebody who's not familiar 30853 20:11:08,280 --> 20:11:13,320 with e-commerce not saying likely your 30854 20:11:11,160 --> 20:11:14,640 buyer would have some familiarity but 30855 20:11:13,320 --> 20:11:17,440 picture if you were like getting 30856 20:11:14,640 --> 20:11:19,512 acquired by a 5-year-old how challenging 30857 20:11:17,440 --> 20:11:21,760 would it be to explain your business and 30858 20:11:19,512 --> 20:11:25,080 how it operates like everything from top 30859 20:11:21,760 --> 20:11:27,552 to bottom to that person to that 30860 20:11:25,080 --> 20:11:30,080 5-year-old and when you do that it 30861 20:11:27,552 --> 20:11:32,640 forces you to really think of like what 30862 20:11:30,080 --> 20:11:35,720 are the key aspects of the business what 30863 20:11:32,640 --> 20:11:38,872 are our core processes and how can we do 30864 20:11:35,720 --> 20:11:39,800 those extremely well and simplify things 30865 20:11:38,872 --> 20:11:41,552 like 30866 20:11:39,800 --> 20:11:43,920 getting really good at something allows 30867 20:11:41,552 --> 20:11:45,800 you to simplify things not make it more 30868 20:11:43,920 --> 20:11:48,280 complex I think a lot of times there's 30869 20:11:45,800 --> 20:11:50,360 this misconception that big businesses 30870 20:11:48,280 --> 20:11:52,480 have to be complex they have to be you 30871 20:11:50,360 --> 20:11:54,640 know more you know more apps more 30872 20:11:52,480 --> 20:11:56,832 widgets like that's how you grow and I 30873 20:11:54,640 --> 20:11:59,872 think with the misconception is 30874 20:11:56,832 --> 20:12:01,512 misleading because it's like no like a 30875 20:11:59,872 --> 20:12:04,280 lot of times the biggest businesses they 30876 20:12:01,512 --> 20:12:06,640 just do more of the same stuff they just 30877 20:12:04,280 --> 20:12:08,192 do they figure out their core process is 30878 20:12:06,640 --> 20:12:10,640 and they do more of it they get better 30879 20:12:08,192 --> 20:12:13,040 at it and they do even more of it it's 30880 20:12:10,640 --> 20:12:16,360 like and I've I'm certainly guilty of 30881 20:12:13,040 --> 20:12:18,512 this like anytime I've tried to grow by 30882 20:12:16,360 --> 20:12:20,872 glomming stuff on is when the business 30883 20:12:18,512 --> 20:12:22,720 always goes into decline whereas if I 30884 20:12:20,872 --> 20:12:24,400 force myself to ignore shiny object 30885 20:12:22,720 --> 20:12:26,232 syndrome and focus on just the stuff 30886 20:12:24,400 --> 20:12:29,320 that is most important but the stuff 30887 20:12:26,232 --> 20:12:32,680 that can start to feel monotonous those 30888 20:12:29,320 --> 20:12:35,080 are that's the area that really drives 30889 20:12:32,680 --> 20:12:37,440 value like you can build an eight figure 30890 20:12:35,080 --> 20:12:39,960 business with just like one offer one 30891 20:12:37,440 --> 20:12:41,800 website and just either increase the 30892 20:12:39,960 --> 20:12:44,600 number of customers make those customers 30893 20:12:41,800 --> 20:12:47,160 worth more or drive down your cost to 30894 20:12:44,600 --> 20:12:49,192 fulfill it like that's it those are the 30895 20:12:47,160 --> 20:12:50,552 three things and like I looked at my 30896 20:12:49,192 --> 20:12:53,480 businesses when I was taking them to the 30897 20:12:50,552 --> 20:12:55,080 market and I was like one organizing the 30898 20:12:53,480 --> 20:12:57,640 financials for all these little pieces 30899 20:12:55,080 --> 20:13:00,120 is a nightmare but to just explaining it 30900 20:12:57,640 --> 20:13:02,760 to potential buyers like they have to be 30901 20:13:00,120 --> 20:13:05,800 relatively sophisticated to be able to 30902 20:13:02,760 --> 20:13:07,280 understand like we use this for SMS we 30903 20:13:05,800 --> 20:13:09,640 use this for email we use this for 30904 20:13:07,280 --> 20:13:12,512 fulfillment but we also do some f over 30905 20:13:09,640 --> 20:13:13,960 here and then like uh we did use this 30906 20:13:12,512 --> 20:13:15,160 email provider but then we switched to 30907 20:13:13,960 --> 20:13:16,760 this one because of this and then our 30908 20:13:15,160 --> 20:13:18,160 sales went down in this month because 30909 20:13:16,760 --> 20:13:20,640 that happened with that provider it's 30910 20:13:18,160 --> 20:13:22,320 like there's just so much and then if I 30911 20:13:20,640 --> 20:13:23,872 look back and see like why did we make 30912 20:13:22,320 --> 20:13:26,360 each of those decisions it normally was 30913 20:13:23,872 --> 20:13:28,800 not based on like anything grounded like 30914 20:13:26,360 --> 20:13:31,440 a decision to like use a new SMS 30915 20:13:28,800 --> 20:13:34,920 provider like the decision was mostly 30916 20:13:31,440 --> 20:13:36,872 like we got we saw an ad or like heard 30917 20:13:34,920 --> 20:13:38,680 about somebody using it and we got sold 30918 20:13:36,872 --> 20:13:40,360 on it then we switched over and realized 30919 20:13:38,680 --> 20:13:42,080 like it really wasn't that different it 30920 20:13:40,360 --> 20:13:44,160 didn't actually add that much value but 30921 20:13:42,080 --> 20:13:46,440 now it adds a whole another layer of 30922 20:13:44,160 --> 20:13:48,080 complexity to our business and it makes 30923 20:13:46,440 --> 20:13:50,280 it that much harder to explain to a 30924 20:13:48,080 --> 20:13:52,080 potential buyer yeah so that'd be the 30925 20:13:50,280 --> 20:13:54,920 last thing that I'd add on to this list 30926 20:13:52,080 --> 20:13:57,160 is Simplicity over complexity any day 30927 20:13:54,920 --> 20:13:59,720 the week just do more of the stuff that 30928 20:13:57,160 --> 20:14:01,920 makes you money get better at it which 30929 20:13:59,720 --> 20:14:04,192 again is your products your marketing 30930 20:14:01,920 --> 20:14:07,000 your customer experience and you don't 30931 20:14:04,192 --> 20:14:08,760 need like fancy apps and widgets to to 30932 20:14:07,000 --> 20:14:11,400 get that done a lot of times it just 30933 20:14:08,760 --> 20:14:14,680 takes makes good internal processes like 30934 20:14:11,400 --> 20:14:17,400 well documented Sops of what you guys do 30935 20:14:14,680 --> 20:14:19,360 well and then yeah just keep doing more 30936 20:14:17,400 --> 20:14:20,872 of that like once you start getting some 30937 20:14:19,360 --> 20:14:23,400 traction just double down on what's 30938 20:14:20,872 --> 20:14:24,512 working and ignore everything else 30939 20:14:23,400 --> 20:14:26,210 that's all I got for you guys in this 30940 20:14:24,512 --> 20:14:34,699 lesson I'll talk to you 30941 20:14:26,210 --> 20:14:34,699 [Music] 30942 20:14:37,280 --> 20:14:41,800 soon deciding when the right time to 30943 20:14:39,552 --> 20:14:44,680 sell your business is something that's 30944 20:14:41,800 --> 20:14:46,480 very personalized depending on your own 30945 20:14:44,680 --> 20:14:50,000 situations but I'm going to do my best 30946 20:14:46,480 --> 20:14:52,232 to give some sweeping generalizations as 30947 20:14:50,000 --> 20:14:54,680 best I can and the easiest way to do 30948 20:14:52,232 --> 20:14:57,440 that is to explain when's the worst time 30949 20:14:54,680 --> 20:14:59,040 to sell the worst time to sell is when 30950 20:14:57,440 --> 20:15:02,080 you have a business and this is assuming 30951 20:14:59,040 --> 20:15:04,440 that we're optimizing for a the highest 30952 20:15:02,080 --> 20:15:05,960 exit possible like the best multiple and 30953 20:15:04,440 --> 20:15:07,680 we're not just like trying to get out 30954 20:15:05,960 --> 20:15:10,232 because stuff's burning down or like we 30955 20:15:07,680 --> 20:15:12,232 need quick cash or you know any of that 30956 20:15:10,232 --> 20:15:14,920 stuff assuming we're optimizing for like 30957 20:15:12,232 --> 20:15:16,640 the best possible exit the worst time to 30958 20:15:14,920 --> 20:15:18,600 sell would be when we're seeing 30959 20:15:16,640 --> 20:15:21,600 declining Revenue like if our sales are 30960 20:15:18,600 --> 20:15:22,872 dipping like 15 20% year-over-year that' 30961 20:15:21,600 --> 20:15:24,440 be a terrible time to sell because 30962 20:15:22,872 --> 20:15:28,000 you're going to take a huge hit on your 30963 20:15:24,440 --> 20:15:30,160 multiple if your like systems and 30964 20:15:28,000 --> 20:15:33,512 processes are not in place if you don't 30965 20:15:30,160 --> 20:15:35,600 have like consistent like Sops across 30966 20:15:33,512 --> 20:15:37,400 the business and it's just like the wild 30967 20:15:35,600 --> 20:15:39,400 west that would also be a terrible 30968 20:15:37,400 --> 20:15:41,480 terrible time to sell because of what 30969 20:15:39,400 --> 20:15:43,400 that means is that you are most likely 30970 20:15:41,480 --> 20:15:46,040 the key person in the business you are 30971 20:15:43,400 --> 20:15:48,760 most likely the sole operator that like 30972 20:15:46,040 --> 20:15:50,320 if you leave the business is worthless 30973 20:15:48,760 --> 20:15:52,040 that would be another terrible time to 30974 20:15:50,320 --> 20:15:54,040 sell because you're going to take a huge 30975 20:15:52,040 --> 20:15:56,512 hit on your multiple another bad time to 30976 20:15:54,040 --> 20:15:59,160 sell would be during like the market 30977 20:15:56,512 --> 20:16:01,120 trends or like in you know acquisition 30978 20:15:59,160 --> 20:16:02,440 land essentially if you talk with a 30979 20:16:01,120 --> 20:16:04,960 broker they'll be able to give you a 30980 20:16:02,440 --> 20:16:06,720 finger to the poll of like you know if 30981 20:16:04,960 --> 20:16:08,400 buyers are active if it's a sellers 30982 20:16:06,720 --> 20:16:10,232 Market or if it's a buyer Market based 30983 20:16:08,400 --> 20:16:11,680 on like the supply and demand of like 30984 20:16:10,232 --> 20:16:15,400 what's out there what businesses are 30985 20:16:11,680 --> 20:16:17,680 currently for sale and if it's a buyer 30986 20:16:15,400 --> 20:16:19,120 market then that'd be a bad time to sell 30987 20:16:17,680 --> 20:16:21,320 because that means that there's a 30988 20:16:19,120 --> 20:16:23,160 abundance of businesses on the market 30989 20:16:21,320 --> 20:16:24,680 available to sell and I mean very 30990 20:16:23,160 --> 20:16:26,000 similar to the housing market if you 30991 20:16:24,680 --> 20:16:28,000 think of that instead of houses 30992 20:16:26,000 --> 20:16:31,280 businesses instead of business buyers 30993 20:16:28,000 --> 20:16:33,440 it's home buyers and like when buyers 30994 20:16:31,280 --> 20:16:36,280 are slowing down or like they're 30995 20:16:33,440 --> 20:16:38,040 tightening down on their wallets and 30996 20:16:36,280 --> 20:16:39,872 then because of that there's less deal 30997 20:16:38,040 --> 20:16:42,600 flow there's less businesses being sold 30998 20:16:39,872 --> 20:16:45,192 so then there's a excess supply of 30999 20:16:42,600 --> 20:16:47,232 businesses on the market that's a time 31000 20:16:45,192 --> 20:16:48,720 where you not only will you take a hit 31001 20:16:47,232 --> 20:16:50,040 on the multiple just like the Home 31002 20:16:48,720 --> 20:16:52,552 Market goes down but you'll have to make 31003 20:16:50,040 --> 20:16:54,760 a lot more compromises in order to get a 31004 20:16:52,552 --> 20:16:56,512 deal done like you'll be meeting the 31005 20:16:54,760 --> 20:16:58,120 buyer on their terms rather than the 31006 20:16:56,512 --> 20:16:59,760 other way around so those are a couple 31007 20:16:58,120 --> 20:17:02,120 of examples of when would be a bad time 31008 20:16:59,760 --> 20:17:04,600 to sell flip Switching gears to when's a 31009 20:17:02,120 --> 20:17:07,192 good time to sell for me personally the 31010 20:17:04,600 --> 20:17:08,480 best time to sell was when I realized or 31011 20:17:07,192 --> 20:17:10,920 I felt good about like where we had 31012 20:17:08,480 --> 20:17:13,400 grown yoga stay and the other brands too 31013 20:17:10,920 --> 20:17:15,400 and I felt like we had kind of hit our 31014 20:17:13,400 --> 20:17:17,832 our team's cap like where we could grow 31015 20:17:15,400 --> 20:17:19,232 that too and I was excited to see cuz 31016 20:17:17,832 --> 20:17:21,320 like there's a very different skill set 31017 20:17:19,232 --> 20:17:22,872 in growing a business from zero to a 31018 20:17:21,320 --> 20:17:24,800 million and then one to like two or 31019 20:17:22,872 --> 20:17:27,320 three very different skill set getting 31020 20:17:24,800 --> 20:17:29,480 to that point compared to going from 2 31021 20:17:27,320 --> 20:17:31,040 or three to 10 million and it was a good 31022 20:17:29,480 --> 20:17:33,720 time for us to sell when we got to that 31023 20:17:31,040 --> 20:17:36,720 $2 or $3 million a year point because I 31024 20:17:33,720 --> 20:17:39,872 recognized that that was a huge like gap 31025 20:17:36,720 --> 20:17:42,000 for us and I you know was trying to be 31026 20:17:39,872 --> 20:17:44,920 aware and asked myself like do I really 31027 20:17:42,000 --> 20:17:47,192 see myself growing this brand to eight 31028 20:17:44,920 --> 20:17:50,000 figures plus because not only did I have 31029 20:17:47,192 --> 20:17:51,960 one brand I had like four others and a 31030 20:17:50,000 --> 20:17:53,832 did or three other four it was four in 31031 20:17:51,960 --> 20:17:56,720 total just the fact that I can't tell 31032 20:17:53,832 --> 20:17:59,120 the number is a bad sign one brand is 31033 20:17:56,720 --> 20:18:01,120 better than multiple any day of the week 31034 20:17:59,120 --> 20:18:02,680 I'm just going to keep saying that but 31035 20:18:01,120 --> 20:18:04,320 it was a good time for us cuz I realized 31036 20:18:02,680 --> 20:18:06,920 like the bandwidth that we had in order 31037 20:18:04,320 --> 20:18:09,480 to grow to eight figures was just not 31038 20:18:06,920 --> 20:18:12,160 enough and at that point if I could 31039 20:18:09,480 --> 20:18:15,040 either try to break through and likely 31040 20:18:12,160 --> 20:18:16,680 you know suffer from split focus and not 31041 20:18:15,040 --> 20:18:19,360 out enough bandwidth and start to see 31042 20:18:16,680 --> 20:18:21,800 declining sales or we could get acquired 31043 20:18:19,360 --> 20:18:24,680 when we're having you know sales 31044 20:18:21,800 --> 20:18:26,552 trending upward and you know uh we're in 31045 20:18:24,680 --> 20:18:28,192 a good spot to buy and that's that's the 31046 20:18:26,552 --> 20:18:31,280 other thing so a good time to buy for 31047 20:18:28,192 --> 20:18:33,160 the best multiple or to sell is when you 31048 20:18:31,280 --> 20:18:36,400 have the inverse of everything I just 31049 20:18:33,160 --> 20:18:38,720 said sales trending up 15 20 25% 31050 20:18:36,400 --> 20:18:39,960 year-over-year you have a team in place 31051 20:18:38,720 --> 20:18:42,192 which we could have done more of that we 31052 20:18:39,960 --> 20:18:43,872 didn't fully systematize everything but 31053 20:18:42,192 --> 20:18:45,720 make it so that your day-to-day is like 31054 20:18:43,872 --> 20:18:48,232 checking in with the team and like 31055 20:18:45,720 --> 20:18:49,720 managing on the business not in it 31056 20:18:48,232 --> 20:18:51,280 that's another one so you're not the key 31057 20:18:49,720 --> 20:18:53,192 person anymore third when you've 31058 20:18:51,280 --> 20:18:56,232 invested heavily if you kind of picture 31059 20:18:53,192 --> 20:18:58,760 it as like if you were to buy a house 31060 20:18:56,232 --> 20:19:00,920 and then fix it up like if you buy a 31061 20:18:58,760 --> 20:19:02,232 rundown house fix it up and then sell it 31062 20:19:00,920 --> 20:19:04,512 you don't want to be the person who's 31063 20:19:02,232 --> 20:19:06,120 then going to buy that house unless 31064 20:19:04,512 --> 20:19:08,872 you're just going to live in it because 31065 20:19:06,120 --> 20:19:10,920 there's not any more like Equity or like 31066 20:19:08,872 --> 20:19:12,920 improvements you can make to it so like 31067 20:19:10,920 --> 20:19:15,600 if somebody buys it and it's a shack and 31068 20:19:12,920 --> 20:19:17,480 then they like renovate it entirely and 31069 20:19:15,600 --> 20:19:19,760 turn it into like a beautiful like 31070 20:19:17,480 --> 20:19:21,480 modern looking house if you buy that as 31071 20:19:19,760 --> 20:19:23,832 like an investment and you want to like 31072 20:19:21,480 --> 20:19:26,280 flip it again you buy it you walk in 31073 20:19:23,832 --> 20:19:29,192 you're like it's already pretty perfect 31074 20:19:26,280 --> 20:19:32,232 not much I can do to this so not much I 31075 20:19:29,192 --> 20:19:34,120 can do to improve this so I'm pretty 31076 20:19:32,232 --> 20:19:37,040 much looking at reselling it for the 31077 20:19:34,120 --> 20:19:39,280 same price or just waiting a decade for 31078 20:19:37,040 --> 20:19:41,640 real estate in general to appreciate 31079 20:19:39,280 --> 20:19:42,960 same thing kind of applies to a business 31080 20:19:41,640 --> 20:19:44,320 once you feel like you have done 31081 20:19:42,960 --> 20:19:46,040 everything you can you've done all the 31082 20:19:44,320 --> 20:19:49,080 renovations that you are capable of 31083 20:19:46,040 --> 20:19:50,640 doing then that's the time to sell but 31084 20:19:49,080 --> 20:19:52,800 there's some buyers that look at that 31085 20:19:50,640 --> 20:19:54,320 fully renovated house and just using the 31086 20:19:52,800 --> 20:19:57,600 metaphor example they see how they can 31087 20:19:54,320 --> 20:20:00,552 turn that beautiful modern house into a 31088 20:19:57,600 --> 20:20:01,960 apartment complex or if they're an even 31089 20:20:00,552 --> 20:20:04,720 more sophisticated buyer they can turn 31090 20:20:01,960 --> 20:20:06,720 it into a skyscraper and so they see 31091 20:20:04,720 --> 20:20:08,320 that business that you see is like that 31092 20:20:06,720 --> 20:20:10,680 house that you see is maxed out in the 31093 20:20:08,320 --> 20:20:12,760 Val that you could provide to it they 31094 20:20:10,680 --> 20:20:14,280 see more opportunities and those are the 31095 20:20:12,760 --> 20:20:15,512 types of buyers that you want to go to 31096 20:20:14,280 --> 20:20:17,640 and the best way to figure out when's 31097 20:20:15,512 --> 20:20:19,120 the right time for you to sell is to 31098 20:20:17,640 --> 20:20:21,400 come up with different scenarios in your 31099 20:20:19,120 --> 20:20:24,320 head and see which one resonates with 31100 20:20:21,400 --> 20:20:25,920 you best write down like two years like 31101 20:20:24,320 --> 20:20:28,512 and what your goals are for that like 31102 20:20:25,920 --> 20:20:30,360 sell 2 years from now like trailing 12 31103 20:20:28,512 --> 20:20:34,832 profit of 31104 20:20:30,360 --> 20:20:37,480 250k goal is a million doll exit if 31105 20:20:34,832 --> 20:20:39,160 that's the goal so 2 years then reverse 31106 20:20:37,480 --> 20:20:40,832 engineering that you know that you need 31107 20:20:39,160 --> 20:20:43,040 to be doing all of those things that we 31108 20:20:40,832 --> 20:20:46,040 just talked about so what would that 31109 20:20:43,040 --> 20:20:47,760 look like you know like okay 250k and 31110 20:20:46,040 --> 20:20:50,120 trailing 12 profit that means the year 31111 20:20:47,760 --> 20:20:53,680 before that I would need to do like 20 31112 20:20:50,120 --> 20:20:55,192 to 30% less so I show 20 to 30% growth 31113 20:20:53,680 --> 20:20:58,720 so that would put me at I don't know 31114 20:20:55,192 --> 20:21:01,640 around 150 so that means in this year I 31115 20:20:58,720 --> 20:21:04,160 need to do 150 Grand in profit am I at 31116 20:21:01,640 --> 20:21:05,552 that point and if or am I on track for 31117 20:21:04,160 --> 20:21:07,360 that and if you're not on track for that 31118 20:21:05,552 --> 20:21:09,680 figure out why and then that's just one 31119 20:21:07,360 --> 20:21:11,600 of the variables if you know to hit that 31120 20:21:09,680 --> 20:21:13,360 scenario of selling in two years for a 31121 20:21:11,600 --> 20:21:15,552 million dollars what are these other 31122 20:21:13,360 --> 20:21:18,080 pieces that you need to get in place 31123 20:21:15,552 --> 20:21:19,640 like the team keyman lifetime value all 31124 20:21:18,080 --> 20:21:21,872 the stuff that we teach throughout this 31125 20:21:19,640 --> 20:21:24,000 course but really give yourself a 31126 20:21:21,872 --> 20:21:25,640 realistic timeline of hitting that and I 31127 20:21:24,000 --> 20:21:28,000 think the ways that you can supercharge 31128 20:21:25,640 --> 20:21:30,760 this is one just putting more time into 31129 20:21:28,000 --> 20:21:33,120 it but two is through a hiring number 31130 20:21:30,760 --> 20:21:35,080 one hiring and like really investing in 31131 20:21:33,120 --> 20:21:37,192 your team and systems and just doubling 31132 20:21:35,080 --> 20:21:38,920 down on more of the stuff that works 31133 20:21:37,192 --> 20:21:40,872 extremely well like building a massive 31134 20:21:38,920 --> 20:21:43,600 product catalog diversifying your 31135 20:21:40,872 --> 20:21:45,320 traffic channels but those are some of 31136 20:21:43,600 --> 20:21:47,552 the ways to like pour fuel on the fire 31137 20:21:45,320 --> 20:21:49,832 also review the scaling section but 31138 20:21:47,552 --> 20:21:51,832 that's how I would hit the timeline but 31139 20:21:49,832 --> 20:21:53,872 so draw up scenarios like selling for 31140 20:21:51,832 --> 20:21:55,920 two years from now for a million dollars 31141 20:21:53,872 --> 20:21:58,320 what would that look like selling for 31142 20:21:55,920 --> 20:22:00,160 selling three years down the line for 31143 20:21:58,320 --> 20:22:01,960 one and a half what would that look like 31144 20:22:00,160 --> 20:22:03,360 and then see what scenario like sounds 31145 20:22:01,960 --> 20:22:05,232 the most realistic or the most 31146 20:22:03,360 --> 20:22:07,640 attractive to you and then reverse 31147 20:22:05,232 --> 20:22:10,800 engineer from from that to where you are 31148 20:22:07,640 --> 20:22:12,800 today and that gives you a road map and 31149 20:22:10,800 --> 20:22:15,192 then it I did that early on when I 31150 20:22:12,800 --> 20:22:16,280 decided to sell it wasn't early enough I 31151 20:22:15,192 --> 20:22:18,160 should have done it when I started the 31152 20:22:16,280 --> 20:22:19,960 business but having that road map or 31153 20:22:18,160 --> 20:22:22,552 like the benchmarks that I need to hit 31154 20:22:19,960 --> 20:22:24,280 really helped a ton because it helped me 31155 20:22:22,552 --> 20:22:26,680 you know realize if I was on track or 31156 20:22:24,280 --> 20:22:28,760 not with my projections in order to 31157 20:22:26,680 --> 20:22:30,400 reach that ultimate goal but yeah and 31158 20:22:28,760 --> 20:22:32,552 another time that it's right to sell is 31159 20:22:30,400 --> 20:22:34,232 like when you're just like tired and you 31160 20:22:32,552 --> 20:22:35,600 know you're ready to do something else 31161 20:22:34,232 --> 20:22:37,832 like that was the point that I got to 31162 20:22:35,600 --> 20:22:40,720 like I've been selling T-shirts for so 31163 20:22:37,832 --> 20:22:42,760 long and I didn't see myself selling 31164 20:22:40,720 --> 20:22:45,040 T-shirts for the rest of my life even 31165 20:22:42,760 --> 20:22:46,640 though here we are kind of but when 31166 20:22:45,040 --> 20:22:48,680 you're like ready for the next trap in 31167 20:22:46,640 --> 20:22:50,232 your life and that's a perfectly 31168 20:22:48,680 --> 20:22:51,800 understandable explanation to give to a 31169 20:22:50,232 --> 20:22:53,280 potential buyer when you talk to them so 31170 20:22:51,800 --> 20:22:55,232 it comes down to your personal 31171 20:22:53,280 --> 20:22:56,600 circumstances what your goals are what 31172 20:22:55,232 --> 20:22:58,440 stage you're at in life but on the 31173 20:22:56,600 --> 20:23:01,040 business side making sure that it's the 31174 20:22:58,440 --> 20:23:02,760 best sale possible it's making sure that 31175 20:23:01,040 --> 20:23:04,832 you have all those pieces in place that 31176 20:23:02,760 --> 20:23:07,360 we talked about to make sure you get the 31177 20:23:04,832 --> 20:23:09,232 highest highest exit possible so but 31178 20:23:07,360 --> 20:23:10,440 aside from those things there's a lot 31179 20:23:09,232 --> 20:23:12,400 more to cover to make sure you get the 31180 20:23:10,440 --> 20:23:13,210 highest exit possible so see you in the 31181 20:23:12,400 --> 20:23:21,699 next 31182 20:23:13,210 --> 20:23:21,699 [Music] 31183 20:23:24,192 --> 20:23:28,320 lesson so once you've decided that you 31184 20:23:26,552 --> 20:23:30,600 want to put your business out in the 31185 20:23:28,320 --> 20:23:32,400 market to potentially get acquired or at 31186 20:23:30,600 --> 20:23:34,232 the very least put some feelers out 31187 20:23:32,400 --> 20:23:36,040 there and see what it could look like 31188 20:23:34,232 --> 20:23:38,400 these are the next steps that you want 31189 20:23:36,040 --> 20:23:40,040 to take so step one is you want to get 31190 20:23:38,400 --> 20:23:41,640 the business organized starting 31191 20:23:40,040 --> 20:23:44,280 primarily with the financials and I'm 31192 20:23:41,640 --> 20:23:46,680 going to give you the templates and all 31193 20:23:44,280 --> 20:23:48,232 the stuff that we used but so you can 31194 20:23:46,680 --> 20:23:49,920 just follow along but first you want to 31195 20:23:48,232 --> 20:23:52,480 get organized with your financial so you 31196 20:23:49,920 --> 20:23:55,400 need your p&l for the entire lifetime of 31197 20:23:52,480 --> 20:23:57,360 the business and it needs to be like 31198 20:23:55,400 --> 20:23:59,800 something like this like the p&l that 31199 20:23:57,360 --> 20:24:01,872 we've given you in previous modules 31200 20:23:59,800 --> 20:24:03,872 needs to be broken down by month this 31201 20:24:01,872 --> 20:24:06,160 one's broken down by day but broken down 31202 20:24:03,872 --> 20:24:07,960 by month and it needs to be for the 31203 20:24:06,160 --> 20:24:10,280 entire length of the business history 31204 20:24:07,960 --> 20:24:12,600 and two two it needs to be on an acrel 31205 20:24:10,280 --> 20:24:14,552 basis so there's acrel and cash based 31206 20:24:12,600 --> 20:24:16,960 accounting which you can look up the 31207 20:24:14,552 --> 20:24:19,232 definitions it's pretty common but acrel 31208 20:24:16,960 --> 20:24:21,400 is what we need for e-commerce and the 31209 20:24:19,232 --> 20:24:24,040 quick explanation of what that means is 31210 20:24:21,400 --> 20:24:26,280 basically you show the expenses or 31211 20:24:24,040 --> 20:24:28,600 Revenue in the month that it is acred 31212 20:24:26,280 --> 20:24:31,232 not whereas Cash basis is just whatever 31213 20:24:28,600 --> 20:24:33,000 date a transaction hits your account 31214 20:24:31,232 --> 20:24:34,320 that's the date that it counts for but 31215 20:24:33,000 --> 20:24:36,600 the reason it's important to look at it 31216 20:24:34,320 --> 20:24:40,640 on AC cruel for e-commerce is because 31217 20:24:36,600 --> 20:24:42,480 say for example we had a huge last day 31218 20:24:40,640 --> 20:24:45,360 like the last day of a month we had a 31219 20:24:42,480 --> 20:24:46,872 huge spike in sales and that Spike was 31220 20:24:45,360 --> 20:24:48,400 like an extra 10 grand in sales than 31221 20:24:46,872 --> 20:24:50,832 what we were expecting but then the 31222 20:24:48,400 --> 20:24:53,040 printify charge for example doesn't hit 31223 20:24:50,832 --> 20:24:55,360 it didn't hit our account until the next 31224 20:24:53,040 --> 20:24:57,480 day or the first of the very next month 31225 20:24:55,360 --> 20:24:59,960 so if we were on cash basis that would 31226 20:24:57,480 --> 20:25:03,960 be an extra 10 grand in sales for month 31227 20:24:59,960 --> 20:25:06,440 one and an extra 10K or like 4K in 31228 20:25:03,960 --> 20:25:08,800 expenses for month two which looks like 31229 20:25:06,440 --> 20:25:10,552 you had a huge peak in this month or not 31230 20:25:08,800 --> 20:25:11,920 huge it's all relative but you get the 31231 20:25:10,552 --> 20:25:13,552 examples like it looks like you had a 31232 20:25:11,920 --> 20:25:15,832 big peak in this month and then a big 31233 20:25:13,552 --> 20:25:17,232 dip in this month which isn't that's 31234 20:25:15,832 --> 20:25:18,800 okay for some business models but for 31235 20:25:17,232 --> 20:25:20,960 potential buyers they want to see those 31236 20:25:18,800 --> 20:25:23,280 equal out so the right way to show it is 31237 20:25:20,960 --> 20:25:25,160 that these at four grand in printify 31238 20:25:23,280 --> 20:25:27,552 charges or fillment whatever you're 31239 20:25:25,160 --> 20:25:31,000 using that was actually acred like it 31240 20:25:27,552 --> 20:25:32,680 was earned like uh you owed that debt as 31241 20:25:31,000 --> 20:25:35,640 of this date because that's when the 31242 20:25:32,680 --> 20:25:37,872 sales came in so you need to show that 31243 20:25:35,640 --> 20:25:39,832 prefi charge on the last day of that 31244 20:25:37,872 --> 20:25:41,680 previous month and that's just one 31245 20:25:39,832 --> 20:25:43,440 example but it needs to be broken down 31246 20:25:41,680 --> 20:25:46,000 like that which that took me a ton of 31247 20:25:43,440 --> 20:25:47,920 time I spent months organizing all of 31248 20:25:46,000 --> 20:25:49,360 our financials across all the brands 31249 20:25:47,920 --> 20:25:51,232 which we had never done so it took a ton 31250 20:25:49,360 --> 20:25:52,800 of time to begin with but then I learned 31251 20:25:51,232 --> 20:25:54,872 that it needed to be in a cruel basis I 31252 20:25:52,800 --> 20:25:56,600 had the like first call with a potential 31253 20:25:54,872 --> 20:25:58,920 buyer and they asked if it was a cruel 31254 20:25:56,600 --> 20:26:00,512 or cash basis and I was like yes and 31255 20:25:58,920 --> 20:26:02,832 they were like which one is it I'm like 31256 20:26:00,512 --> 20:26:05,920 sure is they did not end up buying 31257 20:26:02,832 --> 20:26:08,280 needless to say but do start doing that 31258 20:26:05,920 --> 20:26:09,960 upfront and it'll make your life easier 31259 20:26:08,280 --> 20:26:11,600 printify also makes it pretty easy for 31260 20:26:09,960 --> 20:26:14,160 you because they give you monthly 31261 20:26:11,600 --> 20:26:17,120 invoice statements so in the day-to-day 31262 20:26:14,160 --> 20:26:18,872 we check our printify charge like our 31263 20:26:17,120 --> 20:26:21,600 cost based off of just whatever they're 31264 20:26:18,872 --> 20:26:23,960 charging our our credit card like every 31265 20:26:21,600 --> 20:26:25,832 24 hours and then but they also give 31266 20:26:23,960 --> 20:26:27,920 they generate monthly statements for you 31267 20:26:25,832 --> 20:26:30,080 that will show like in month one you 31268 20:26:27,920 --> 20:26:32,192 acur this much it's on a cruel basis 31269 20:26:30,080 --> 20:26:33,512 month two you acre this much makes it 31270 20:26:32,192 --> 20:26:35,040 pretty straightforward with 31271 20:26:33,512 --> 20:26:36,640 International it gets a little bit more 31272 20:26:35,040 --> 20:26:38,480 dicey cuz they break it up by like 31273 20:26:36,640 --> 20:26:40,232 different countries and regions so it's 31274 20:26:38,480 --> 20:26:41,760 a lot more invoices to sift through but 31275 20:26:40,232 --> 20:26:43,832 anyway so that's the first thing you 31276 20:26:41,760 --> 20:26:46,400 need you need your p&l broken down by 31277 20:26:43,832 --> 20:26:48,480 month on a cruel basis second you need 31278 20:26:46,400 --> 20:26:50,280 your balance sheet again broken down by 31279 20:26:48,480 --> 20:26:51,960 month and buyers need to see both of 31280 20:26:50,280 --> 20:26:54,280 those because they want to see the true 31281 20:26:51,960 --> 20:26:55,552 like cash flow not just the p&l or just 31282 20:26:54,280 --> 20:26:57,960 the balance sheet they need to see the 31283 20:26:55,552 --> 20:27:00,512 full picture third thing is you need all 31284 20:26:57,960 --> 20:27:02,920 the backup for all of those like 31285 20:27:00,512 --> 20:27:04,832 statements or all those reports so you 31286 20:27:02,920 --> 20:27:07,160 need like and I I just organized ours in 31287 20:27:04,832 --> 20:27:08,512 the Google drive folder so every bank 31288 20:27:07,160 --> 20:27:10,232 account statement every every credit 31289 20:27:08,512 --> 20:27:12,552 card statement like basically any 31290 20:27:10,232 --> 20:27:14,280 transaction files invoices if you have 31291 20:27:12,552 --> 20:27:15,800 like all our printed F invoices I put 31292 20:27:14,280 --> 20:27:17,800 all those in a Google drive folder and 31293 20:27:15,800 --> 20:27:20,512 something I forgot to mention is along 31294 20:27:17,800 --> 20:27:23,192 on the acral topic if you pay like an 31295 20:27:20,512 --> 20:27:25,120 annual subscription for say you pay for 31296 20:27:23,192 --> 20:27:26,872 print or Shopify like upfront and they 31297 20:27:25,120 --> 20:27:29,440 charge you like I don't know 500 bucks 31298 20:27:26,872 --> 20:27:31,552 for the year you can't just show 500 31299 20:27:29,440 --> 20:27:33,872 bucks in December whatever month you pay 31300 20:27:31,552 --> 20:27:35,960 for it you have to for it to be true or 31301 20:27:33,872 --> 20:27:38,552 cruel you have to show that on a monthly 31302 20:27:35,960 --> 20:27:40,720 breakdown so it' be 500 divided 12 you 31303 20:27:38,552 --> 20:27:44,120 should be showing $41 per month on your 31304 20:27:40,720 --> 20:27:45,640 Shopify or like your overhead expenses 31305 20:27:44,120 --> 20:27:47,480 that's the first thing with getting your 31306 20:27:45,640 --> 20:27:50,872 financials and everything organized and 31307 20:27:47,480 --> 20:27:52,120 then making sure that any place any 31308 20:27:50,872 --> 20:27:54,760 making sure that basically all the 31309 20:27:52,120 --> 20:27:56,680 numbers tie out if I see a PRI charge 31310 20:27:54,760 --> 20:27:58,080 amount here I need to be able to point 31311 20:27:56,680 --> 20:27:59,920 directly to the invoices that are 31312 20:27:58,080 --> 20:28:01,800 showing that expect that a buyer is 31313 20:27:59,920 --> 20:28:03,832 going to ask about every single number 31314 20:28:01,800 --> 20:28:06,760 on this spreadsheet and like I said on a 31315 20:28:03,832 --> 20:28:08,600 lesson if there's any wavering or like 31316 20:28:06,760 --> 20:28:09,960 hesitancy in your resp response about 31317 20:28:08,600 --> 20:28:11,400 any one of these numbers that could 31318 20:28:09,960 --> 20:28:13,800 throw off the buyer's interest in the 31319 20:28:11,400 --> 20:28:15,872 deal entirely just from one number so 31320 20:28:13,800 --> 20:28:19,000 you need your financials organized you 31321 20:28:15,872 --> 20:28:21,320 need to have all your Sops organized and 31322 20:28:19,000 --> 20:28:23,160 be able to show very plainly how the 31323 20:28:21,320 --> 20:28:25,080 business operates what your internal 31324 20:28:23,160 --> 20:28:26,920 processes look like any way that you can 31325 20:28:25,080 --> 20:28:28,920 think of to like dumb it down and make 31326 20:28:26,920 --> 20:28:30,440 it as simple as possible people buy 31327 20:28:28,920 --> 20:28:32,080 things that they understand if they 31328 20:28:30,440 --> 20:28:34,080 don't understand it then they're 31329 20:28:32,080 --> 20:28:35,360 unlikely to buy it which that applies to 31330 20:28:34,080 --> 20:28:36,960 not just business sales but a lot of 31331 20:28:35,360 --> 20:28:38,192 different areas but simplify things as 31332 20:28:36,960 --> 20:28:41,400 much as possible that's number number 31333 20:28:38,192 --> 20:28:43,872 one so the next piece is your materials 31334 20:28:41,400 --> 20:28:46,000 so getting together like a pitch deck is 31335 20:28:43,872 --> 20:28:47,600 a really good idea so that when 31336 20:28:46,000 --> 20:28:50,000 potential buyers are looking at like 31337 20:28:47,600 --> 20:28:52,600 your offering memorandum where it's 31338 20:28:50,000 --> 20:28:54,400 basically like a one-page overview of 31339 20:28:52,600 --> 20:28:56,120 like what your business is like how much 31340 20:28:54,400 --> 20:28:57,920 you're asking for it what the multiple 31341 20:28:56,120 --> 20:28:59,192 is what the financials say that they 31342 20:28:57,920 --> 20:29:01,552 have something to look at so like for 31343 20:28:59,192 --> 20:29:03,040 yoga state for example this was the 31344 20:29:01,552 --> 20:29:04,832 pitch deck that we came up with and I'll 31345 20:29:03,040 --> 20:29:06,872 put this template somewhere around here 31346 20:29:04,832 --> 20:29:10,320 but I'll go through it with you briefly 31347 20:29:06,872 --> 20:29:12,552 but goal was uh again simple beautiful 31348 20:29:10,320 --> 20:29:14,080 put something like tangible that they 31349 20:29:12,552 --> 20:29:16,440 can look through and like really get a 31350 20:29:14,080 --> 20:29:18,800 feel and representation for the brand so 31351 20:29:16,440 --> 20:29:20,480 we had the important stats up front 3.6 31352 20:29:18,800 --> 20:29:23,120 million in sales number of customer 31353 20:29:20,480 --> 20:29:24,320 contacts and founded in this date which 31354 20:29:23,120 --> 20:29:26,960 each of those main points if you 31355 20:29:24,320 --> 20:29:28,640 remember ties into the main like things 31356 20:29:26,960 --> 20:29:30,040 that a buyer is evaluating that we 31357 20:29:28,640 --> 20:29:32,872 talked about earlier like they want to 31358 20:29:30,040 --> 20:29:35,552 see size they want to see like customer 31359 20:29:32,872 --> 20:29:37,080 base like really they care about LTV but 31360 20:29:35,552 --> 20:29:39,192 customer base and then they want to see 31361 20:29:37,080 --> 20:29:41,192 length of History and we had our 31362 20:29:39,192 --> 20:29:43,600 introduction where like a one-page 31363 20:29:41,192 --> 20:29:45,552 overview explaining the opportunity and 31364 20:29:43,600 --> 20:29:47,600 this is like your place to like present 31365 20:29:45,552 --> 20:29:49,720 yourself and like pitch it and explain 31366 20:29:47,600 --> 20:29:52,832 like why it's attractive then we gave an 31367 20:29:49,720 --> 20:29:54,680 overview of the sales like the metrics 31368 20:29:52,832 --> 20:29:57,040 and the important kpis that they would 31369 20:29:54,680 --> 20:29:59,680 care most about then we had a breakdown 31370 20:29:57,040 --> 20:30:01,872 of our product catalog our top selling 31371 20:29:59,680 --> 20:30:03,440 products included mentioned the customer 31372 20:30:01,872 --> 20:30:05,832 reviews because they want to see that 31373 20:30:03,440 --> 20:30:07,600 it's like an actual brand like that is 31374 20:30:05,832 --> 20:30:10,080 living breathing people love it people 31375 20:30:07,600 --> 20:30:12,360 are wearing it it's not just cash flow 31376 20:30:10,080 --> 20:30:14,040 it's not just like an Etsy Shop like 31377 20:30:12,360 --> 20:30:15,552 it's actually built a following that 31378 20:30:14,040 --> 20:30:17,640 people love and then we talk about the 31379 20:30:15,552 --> 20:30:19,000 growth opportunity so thinking back to 31380 20:30:17,640 --> 20:30:21,000 when we were saying like why would a 31381 20:30:19,000 --> 20:30:23,000 buyer be interested in acquiring your 31382 20:30:21,000 --> 20:30:24,480 company and the only reason they would 31383 20:30:23,000 --> 20:30:26,760 acquire it is if they see that there's 31384 20:30:24,480 --> 20:30:28,720 some path to financial gain through 31385 20:30:26,760 --> 20:30:31,400 acquiring you obviously and it needs to 31386 20:30:28,720 --> 20:30:32,920 be a clear path at least to them and 31387 20:30:31,400 --> 20:30:34,480 that path could be all the different you 31388 20:30:32,920 --> 20:30:36,680 know types of buyers like the Strategic 31389 20:30:34,480 --> 20:30:38,552 buyers if they're a yoga company can 31390 20:30:36,680 --> 20:30:40,040 make sense and a lot of different ways 31391 20:30:38,552 --> 20:30:41,640 if they're just like a strictly 31392 20:30:40,040 --> 20:30:43,552 investment based buyer they want to see 31393 20:30:41,640 --> 20:30:45,160 that there's huge growth potential if 31394 20:30:43,552 --> 20:30:48,360 the company just continues running as it 31395 20:30:45,160 --> 20:30:50,232 is but bottom line it's a good idea to 31396 20:30:48,360 --> 20:30:52,480 include growth opportunities and show 31397 20:30:50,232 --> 20:30:53,872 like basically huge gaping holes of 31398 20:30:52,480 --> 20:30:56,080 opportunities that you just haven't 31399 20:30:53,872 --> 20:30:58,552 tapped into thinking back to the fixing 31400 20:30:56,080 --> 20:31:00,400 up a house example if you are you bought 31401 20:30:58,552 --> 20:31:02,600 the house and then you know re 31402 20:31:00,400 --> 20:31:04,720 refurbished it yeah renovated it a 31403 20:31:02,600 --> 20:31:06,440 little bit and then you're sell talking 31404 20:31:04,720 --> 20:31:08,360 it up to another potential buyer you 31405 20:31:06,440 --> 20:31:10,280 want to be able to say yeah I redid the 31406 20:31:08,360 --> 20:31:12,000 living room but like the whole kitchen 31407 20:31:10,280 --> 20:31:14,120 and upstairs still hasn't been touched 31408 20:31:12,000 --> 20:31:16,160 like that's all like incremental value 31409 20:31:14,120 --> 20:31:18,360 that you can add to the house by doing X 31410 20:31:16,160 --> 20:31:20,872 Y and Z that's what we're doing here so 31411 20:31:18,360 --> 20:31:23,360 growth opportunities Amazon other 31412 20:31:20,872 --> 20:31:25,280 marketplaces Tik Tok YouTube influencers 31413 20:31:23,360 --> 20:31:27,512 International new products recurring 31414 20:31:25,280 --> 20:31:30,040 Revenue supply chain like reducing cost 31415 20:31:27,512 --> 20:31:31,512 of goods and increase email and SMS 31416 20:31:30,040 --> 20:31:33,800 sales talked about the Amazon 31417 20:31:31,512 --> 20:31:35,480 opportunity different marketplaces and 31418 20:31:33,800 --> 20:31:37,280 then different marketing channels and 31419 20:31:35,480 --> 20:31:39,800 then showing the some of the results 31420 20:31:37,280 --> 20:31:41,120 that we had in international markets and 31421 20:31:39,800 --> 20:31:42,760 when I was talking to them like through 31422 20:31:41,120 --> 20:31:44,400 the pitch deck I specifically explained 31423 20:31:42,760 --> 20:31:46,232 how like we had done a good amount of 31424 20:31:44,400 --> 20:31:47,872 international sales but we hadn't like 31425 20:31:46,232 --> 20:31:50,040 really dialed anything like we hadn't 31426 20:31:47,872 --> 20:31:51,800 done any products specific to any of 31427 20:31:50,040 --> 20:31:53,280 these countries it was all just generic 31428 20:31:51,800 --> 20:31:54,480 we had done like the bare minimum and 31429 20:31:53,280 --> 20:31:57,192 these were the results that we were 31430 20:31:54,480 --> 20:32:00,120 already seeing next is the product lines 31431 20:31:57,192 --> 20:32:01,800 so expand again this this actually ties 31432 20:32:00,120 --> 20:32:03,720 like very closely to all the things we 31433 20:32:01,800 --> 20:32:05,680 recommended in the the scaling module 31434 20:32:03,720 --> 20:32:07,920 but could expand the the product line 31435 20:32:05,680 --> 20:32:10,640 optimizing the supply chain wow this 31436 20:32:07,920 --> 20:32:12,440 sounds very similar I'm con at least I'm 31437 20:32:10,640 --> 20:32:14,040 consistent I'll give myself that 31438 20:32:12,440 --> 20:32:15,872 optimizing the supply chain so lowering 31439 20:32:14,040 --> 20:32:18,080 our cost of goods is another way to save 31440 20:32:15,872 --> 20:32:20,040 scaling our existing customer list then 31441 20:32:18,080 --> 20:32:22,232 an overall summary of the opportunities 31442 20:32:20,040 --> 20:32:24,512 and breakdown of the financials 31443 20:32:22,232 --> 20:32:26,232 explaining basically I'll let you take a 31444 20:32:24,512 --> 20:32:28,800 look through this but all of the ins and 31445 20:32:26,232 --> 20:32:30,680 outs of like areas of op where the 31446 20:32:28,800 --> 20:32:33,000 company is today the history why it's 31447 20:32:30,680 --> 20:32:34,832 exciting the missed opportunities and 31448 20:32:33,000 --> 20:32:36,832 ways that it can be scaled and then 31449 20:32:34,832 --> 20:32:39,040 explaining the that's the general 31450 20:32:36,832 --> 20:32:41,480 overview or the goal of the pitch deck 31451 20:32:39,040 --> 20:32:42,640 and making it as simple and easy to 31452 20:32:41,480 --> 20:32:44,832 understand as possible that's why I put 31453 20:32:42,640 --> 20:32:46,360 like the little graphics and explainers 31454 20:32:44,832 --> 20:32:47,920 like this is how print on demand works 31455 20:32:46,360 --> 20:32:50,872 and stuff like that that even if it 31456 20:32:47,920 --> 20:32:52,552 seems very basic the more you can dumb 31457 20:32:50,872 --> 20:32:54,360 it down for potential buyers not saying 31458 20:32:52,552 --> 20:32:55,600 that they're going to be dumb if they 31459 20:32:54,360 --> 20:32:57,480 have that much money to buy your company 31460 20:32:55,600 --> 20:32:58,720 they're certainly not dumb people but 31461 20:32:57,480 --> 20:33:01,552 everybody appreciates something that's 31462 20:32:58,720 --> 20:33:03,872 simple and even if they won't ever say 31463 20:33:01,552 --> 20:33:05,512 thanks for dumb this down for me so you 31464 20:33:03,872 --> 20:33:07,832 have you organize your financials you 31465 20:33:05,512 --> 20:33:09,512 have your p&l you have all your 31466 20:33:07,832 --> 20:33:11,872 statements you have your balance sheet 31467 20:33:09,512 --> 20:33:13,600 you have your Sops organized all nice 31468 20:33:11,872 --> 20:33:15,320 and neat in a Google drive folder you 31469 20:33:13,600 --> 20:33:16,872 have your what's it called your pitch 31470 20:33:15,320 --> 20:33:18,512 deck the other thing that you can have 31471 20:33:16,872 --> 20:33:20,280 is your offering memorandum which is 31472 20:33:18,512 --> 20:33:22,160 basically like the one pager overview 31473 20:33:20,280 --> 20:33:23,512 that then says whatever your price is 31474 20:33:22,160 --> 20:33:25,640 and how much you're asking ways to get 31475 20:33:23,512 --> 20:33:27,232 in touch with you that sort of thing and 31476 20:33:25,640 --> 20:33:29,552 then the next thing to consider as 31477 20:33:27,232 --> 20:33:31,000 you're preparing to sell is deciding how 31478 20:33:29,552 --> 20:33:33,160 you're going to sell are you either 31479 20:33:31,000 --> 20:33:35,000 going to sell you just yourself buyer to 31480 20:33:33,160 --> 20:33:36,320 buyer which again this is very similar 31481 20:33:35,000 --> 20:33:38,760 to like how you would sell a house it's 31482 20:33:36,320 --> 20:33:40,640 like you can do four sale by owner or 31483 20:33:38,760 --> 20:33:41,960 you can go through a real estate broker 31484 20:33:40,640 --> 20:33:43,872 same thing with businesses there's 31485 20:33:41,960 --> 20:33:45,680 Brokers you can work with or there's 31486 20:33:43,872 --> 20:33:47,400 investment bankers which investment 31487 20:33:45,680 --> 20:33:49,232 bankers and Brokers are basically the 31488 20:33:47,400 --> 20:33:50,680 same thing they just operate at 31489 20:33:49,232 --> 20:33:52,440 different levels investment bankers 31490 20:33:50,680 --> 20:33:54,680 typically don't get involved or aren't 31491 20:33:52,440 --> 20:33:57,960 interested until it's at least $2 31492 20:33:54,680 --> 20:34:00,280 million in trailing 12 eida net income 31493 20:33:57,960 --> 20:34:01,920 and the value that a broker can bring 31494 20:34:00,280 --> 20:34:04,760 especially if you're new and you've 31495 20:34:01,920 --> 20:34:06,440 never sold a business before is to like 31496 20:34:04,760 --> 20:34:07,800 one they've sold a ton of businesses if 31497 20:34:06,440 --> 20:34:09,120 they're a good one they already have 31498 20:34:07,800 --> 20:34:10,920 sold businesses so they know what the 31499 20:34:09,120 --> 20:34:13,640 process looks like and more importantly 31500 20:34:10,920 --> 20:34:15,160 they already have a list like a Rolodex 31501 20:34:13,640 --> 20:34:17,192 of buyers that they know are in the 31502 20:34:15,160 --> 20:34:19,040 market people that either a they've 31503 20:34:17,192 --> 20:34:20,960 already done deals with or B that 31504 20:34:19,040 --> 20:34:22,872 they've you know rubbed shoulders with 31505 20:34:20,960 --> 20:34:24,760 and have talked with them networked so 31506 20:34:22,872 --> 20:34:25,960 them when they get when they bring on 31507 20:34:24,760 --> 20:34:27,320 your deal which we'll talk about how 31508 20:34:25,960 --> 20:34:29,920 they do that in a second when they bring 31509 20:34:27,320 --> 20:34:31,872 on your deal they then immediately reach 31510 20:34:29,920 --> 20:34:33,600 out to their full list of people and say 31511 20:34:31,872 --> 20:34:35,600 hey soone like how you doing it's been a 31512 20:34:33,600 --> 20:34:37,720 while when we last chatted knew you were 31513 20:34:35,600 --> 20:34:39,680 in the market for this just had a great 31514 20:34:37,720 --> 20:34:41,640 opportunity come across my desk called 31515 20:34:39,680 --> 20:34:43,400 Yoga St wanted to reach out and put it 31516 20:34:41,640 --> 20:34:45,512 in front of you first see if you're 31517 20:34:43,400 --> 20:34:47,160 interested if not no worries let's catch 31518 20:34:45,512 --> 20:34:49,552 up soon they'll send some kind of 31519 20:34:47,160 --> 20:34:51,640 message like that and then they have 31520 20:34:49,552 --> 20:34:54,160 like warm intros to people all that to 31521 20:34:51,640 --> 20:34:57,080 be said like they're able to in theory 31522 20:34:54,160 --> 20:34:59,320 get a deal done a lot faster and help 31523 20:34:57,080 --> 20:35:01,192 negotiate like a better multiple for you 31524 20:34:59,320 --> 20:35:02,680 than if you're somebody who's completely 31525 20:35:01,192 --> 20:35:04,760 green to this you've never done it 31526 20:35:02,680 --> 20:35:07,552 before there's you know a lot of value 31527 20:35:04,760 --> 20:35:10,280 that being said there are just like with 31528 20:35:07,552 --> 20:35:12,720 Realtors or car salesman there are a 31529 20:35:10,280 --> 20:35:15,040 full range of the quality and caliber 31530 20:35:12,720 --> 20:35:16,600 broker that you will encounter there's 31531 20:35:15,040 --> 20:35:17,832 everything from the used car salesman 31532 20:35:16,600 --> 20:35:19,872 that after you talk with them you just 31533 20:35:17,832 --> 20:35:22,040 feel like slimy like you want to take a 31534 20:35:19,872 --> 20:35:23,920 shower and then there's very legitimate 31535 20:35:22,040 --> 20:35:25,960 ones that sell run a clean shop they're 31536 20:35:23,920 --> 20:35:27,360 ethical like down toe people that just 31537 20:35:25,960 --> 20:35:29,440 want to genuinely help the business 31538 20:35:27,360 --> 20:35:31,680 owner and get them the best valuation 31539 20:35:29,440 --> 20:35:33,512 and Achieve whatever goal they want and 31540 20:35:31,680 --> 20:35:34,960 they care about truly like the person 31541 20:35:33,512 --> 20:35:37,600 the business owner and not just the 31542 20:35:34,960 --> 20:35:39,120 business the crappy ones they see you 31543 20:35:37,600 --> 20:35:40,872 they don't even see you they just see 31544 20:35:39,120 --> 20:35:42,192 the asset they see the dollar signs and 31545 20:35:40,872 --> 20:35:43,680 they see how much they could sell it for 31546 20:35:42,192 --> 20:35:46,400 and what their commission could be just 31547 20:35:43,680 --> 20:35:48,480 straight up that's why when if when 31548 20:35:46,400 --> 20:35:50,000 you're preparing your business to sell I 31549 20:35:48,480 --> 20:35:52,360 recommend at the very least talk to 31550 20:35:50,000 --> 20:35:54,960 Brokers but talk to a lot of them talk 31551 20:35:52,360 --> 20:35:56,832 to 7 eight nine or 10 Brokers don't talk 31552 20:35:54,960 --> 20:35:59,360 to one or two you need to get like a 31553 20:35:56,832 --> 20:36:00,960 full range of experience of what it 31554 20:35:59,360 --> 20:36:02,680 could be like working with one of them 31555 20:36:00,960 --> 20:36:03,832 and keep in mind like I said previously 31556 20:36:02,680 --> 20:36:05,192 that they're going to tell you what you 31557 20:36:03,832 --> 20:36:07,280 want to hear a lot of them the more 31558 20:36:05,192 --> 20:36:09,280 ethical ones will like actually listen 31559 20:36:07,280 --> 20:36:11,720 to you and care about you know your 31560 20:36:09,280 --> 20:36:13,832 goals but the sleazy car used car 31561 20:36:11,720 --> 20:36:15,360 salesman ones they're just if you tell 31562 20:36:13,832 --> 20:36:17,080 them something you're uncertain about 31563 20:36:15,360 --> 20:36:19,280 they'll be like oh no worries like no 31564 20:36:17,080 --> 20:36:20,680 problem we do this and you'll get a 5x 31565 20:36:19,280 --> 20:36:22,920 like they're going to tell you stuff 31566 20:36:20,680 --> 20:36:24,360 like that so just be aware of that and 31567 20:36:22,920 --> 20:36:26,760 and so if you do decide to go with a 31568 20:36:24,360 --> 20:36:28,400 broker they'll they basically just take 31569 20:36:26,760 --> 20:36:30,440 a percentage of whatever the end deal 31570 20:36:28,400 --> 20:36:33,960 size is so if you sell for a million 31571 20:36:30,440 --> 20:36:36,600 dollar they'll take anywhere from 5 to 31572 20:36:33,960 --> 20:36:38,000 15% completely dependent on the size of 31573 20:36:36,600 --> 20:36:39,960 the deal and 31574 20:36:38,000 --> 20:36:43,320 so if it's 10% you sell for a million 31575 20:36:39,960 --> 20:36:46,400 bucks you're paying them $100,000 which 31576 20:36:43,320 --> 20:36:48,040 sucks but at the same time the main 31577 20:36:46,400 --> 20:36:50,360 deciding factor is if you go to market 31578 20:36:48,040 --> 20:36:51,960 by yourself and would you sell for 31579 20:36:50,360 --> 20:36:54,040 700,000 because you don't know how to 31580 20:36:51,960 --> 20:36:55,872 find the full buyer pool like they do 31581 20:36:54,040 --> 20:36:58,160 that you don't know how to negotiate 31582 20:36:55,872 --> 20:37:00,160 like they do and that if you sell for 31583 20:36:58,160 --> 20:37:01,872 700 they're able to sell for a million 31584 20:37:00,160 --> 20:37:04,400 then after their fee it's 900,000 you're 31585 20:37:01,872 --> 20:37:05,960 still net 200,000 and it's impossible to 31586 20:37:04,400 --> 20:37:07,720 know the answer to what those numbers 31587 20:37:05,960 --> 20:37:09,280 would be that's just an example but 31588 20:37:07,720 --> 20:37:11,280 that's the thought process and as your 31589 20:37:09,280 --> 20:37:13,120 evaluating Brokers decide does this 31590 20:37:11,280 --> 20:37:15,080 person seem like they are sharp enough 31591 20:37:13,120 --> 20:37:16,720 like they know their stuff cold do they 31592 20:37:15,080 --> 20:37:18,512 have a big enough book of business and 31593 20:37:16,720 --> 20:37:20,552 like testimonials that I can lay my eyes 31594 20:37:18,512 --> 20:37:23,280 on or people that I can talk to who 31595 20:37:20,552 --> 20:37:24,512 vouch for that this person that gives me 31596 20:37:23,280 --> 20:37:26,760 confidence that the number that they'd 31597 20:37:24,512 --> 20:37:29,400 be able to close for is significantly 31598 20:37:26,760 --> 20:37:30,920 higher at least 10 to 15% higher than 31599 20:37:29,400 --> 20:37:33,232 what I would do and then it's just your 31600 20:37:30,920 --> 20:37:35,440 gut feeling and you know that's honestly 31601 20:37:33,232 --> 20:37:37,480 the best position you can hope to get to 31602 20:37:35,440 --> 20:37:38,872 so say you decide to sell it yourself 31603 20:37:37,480 --> 20:37:41,440 and the broker is not going to go out 31604 20:37:38,872 --> 20:37:43,160 and find potential buyers like uh have 31605 20:37:41,440 --> 20:37:44,832 conversations for with them like 31606 20:37:43,160 --> 20:37:46,480 organize calls and all that which we're 31607 20:37:44,832 --> 20:37:47,872 going to talk about in the second the 31608 20:37:46,480 --> 20:37:49,552 question for you is where are you going 31609 20:37:47,872 --> 20:37:51,640 to sell and there's a bunch of different 31610 20:37:49,552 --> 20:37:53,160 marketplaces and listed places that you 31611 20:37:51,640 --> 20:37:55,640 can list your business for sale like 31612 20:37:53,160 --> 20:37:58,080 micro acquire now called acquire. comom 31613 20:37:55,640 --> 20:37:59,800 is a really good one um where you know 31614 20:37:58,080 --> 20:38:01,120 Bas it's Shopify exchange where you used 31615 20:37:59,800 --> 20:38:04,400 to be able to just list your business 31616 20:38:01,120 --> 20:38:06,232 for sale they validate like the sales by 31617 20:38:04,400 --> 20:38:08,552 connecting to your store and then you 31618 20:38:06,232 --> 20:38:11,160 talk with potential buyers there so 31619 20:38:08,552 --> 20:38:12,920 marketplaces like that or that's pretty 31620 20:38:11,160 --> 20:38:15,280 close to the best options you have 31621 20:38:12,920 --> 20:38:17,160 unless you have some network of your own 31622 20:38:15,280 --> 20:38:19,040 that you know if you're in like I don't 31623 20:38:17,160 --> 20:38:20,720 know EO like entrepreneurs organization 31624 20:38:19,040 --> 20:38:22,000 you just through networking with people 31625 20:38:20,720 --> 20:38:23,400 in there you'll get to know other 31626 20:38:22,000 --> 20:38:25,280 e-commerce owners and then those 31627 20:38:23,400 --> 20:38:27,832 e-commerce owners will know potential 31628 20:38:25,280 --> 20:38:29,320 buyers they'll know Brokers as well then 31629 20:38:27,832 --> 20:38:31,720 another option and the option that I 31630 20:38:29,320 --> 20:38:34,360 ended up going with is selling to what's 31631 20:38:31,720 --> 20:38:37,120 called an aggregator like open store and 31632 20:38:34,360 --> 20:38:39,040 an aggregator is a company or a group 31633 20:38:37,120 --> 20:38:41,040 that has raised typically a pretty 31634 20:38:39,040 --> 20:38:43,192 substantial amount of money like open 31635 20:38:41,040 --> 20:38:45,640 stores very publicly raised over $100 31636 20:38:43,192 --> 20:38:47,400 million if not more now and they go out 31637 20:38:45,640 --> 20:38:49,160 and they acquire like a bunch of 31638 20:38:47,400 --> 20:38:51,552 e-commerce businesses they aggregate 31639 20:38:49,160 --> 20:38:53,600 them all together and then operate them 31640 20:38:51,552 --> 20:38:55,760 and the idea or the thesis is that they 31641 20:38:53,600 --> 20:38:58,600 acquire them run them using the same 31642 20:38:55,760 --> 20:39:00,680 overhead costs and resources to achieve 31643 20:38:58,600 --> 20:39:03,280 like economies of scale so that they are 31644 20:39:00,680 --> 20:39:04,360 saving on the cost by sharing resources 31645 20:39:03,280 --> 20:39:06,600 but then at the same time they're 31646 20:39:04,360 --> 20:39:08,760 learning and applying strategies and 31647 20:39:06,600 --> 20:39:10,872 best practices across a bunch of Brands 31648 20:39:08,760 --> 20:39:13,480 what we did in the house except all the 31649 20:39:10,872 --> 20:39:15,120 brands were owned separately but in open 31650 20:39:13,480 --> 20:39:16,960 storees case they own all of them and 31651 20:39:15,120 --> 20:39:19,360 they have all the same team that 31652 20:39:16,960 --> 20:39:21,232 operates under one roof and so open 31653 20:39:19,360 --> 20:39:23,600 store is another good option aggregators 31654 20:39:21,232 --> 20:39:26,872 like them open store is great because 31655 20:39:23,600 --> 20:39:29,320 you it's a very quick clean process like 31656 20:39:26,872 --> 20:39:32,160 you will from the time that you check 31657 20:39:29,320 --> 20:39:34,192 submit your store for like review they 31658 20:39:32,160 --> 20:39:36,040 just use a Shopify app they connect look 31659 20:39:34,192 --> 20:39:37,760 at all your analytics connect like your 31660 20:39:36,040 --> 20:39:39,680 ad account and stuff like that 31661 20:39:37,760 --> 20:39:41,872 they look at everything and then they 31662 20:39:39,680 --> 20:39:43,832 will give you a price back or value back 31663 20:39:41,872 --> 20:39:46,232 within like I want to say it's 24 or 48 31664 20:39:43,832 --> 20:39:47,920 hours and that number is you know it's a 31665 20:39:46,232 --> 20:39:49,760 typically a lower valuation than what 31666 20:39:47,920 --> 20:39:51,480 you would get by going out onto the open 31667 20:39:49,760 --> 20:39:53,280 market but the trade-off there is that 31668 20:39:51,480 --> 20:39:54,552 it's faster it's quick you just click a 31669 20:39:53,280 --> 20:39:56,920 button and it's pretty much done and 31670 20:39:54,552 --> 20:39:58,920 then you get 80% of the funds up front 31671 20:39:56,920 --> 20:40:00,440 you get 20% after a month of closing 31672 20:39:58,920 --> 20:40:02,640 which we'll talk about that in a second 31673 20:40:00,440 --> 20:40:04,920 and it it's like quick and easy compared 31674 20:40:02,640 --> 20:40:06,120 to working with other buyers you you 31675 20:40:04,920 --> 20:40:07,360 have no idea what you're getting 31676 20:40:06,120 --> 20:40:09,280 especially if you're going to like a 31677 20:40:07,360 --> 20:40:11,232 small like family office or individual 31678 20:40:09,280 --> 20:40:13,080 person you could be getting somebody 31679 20:40:11,232 --> 20:40:14,680 who's a straight shooter who's 31680 20:40:13,080 --> 20:40:16,440 completely legit and they have a great 31681 20:40:14,680 --> 20:40:17,720 team who's going to absorb you really 31682 20:40:16,440 --> 20:40:19,360 well and it's going to be a quick clean 31683 20:40:17,720 --> 20:40:20,680 transition process you never have to 31684 20:40:19,360 --> 20:40:22,480 worry about getting your follow-up 31685 20:40:20,680 --> 20:40:23,832 payments or anything like that or it 31686 20:40:22,480 --> 20:40:25,440 could go the other way and it could be 31687 20:40:23,832 --> 20:40:26,680 somebody who has they talk a really good 31688 20:40:25,440 --> 20:40:28,232 talk they say all the right things on 31689 20:40:26,680 --> 20:40:29,680 the calls but then they actually have no 31690 20:40:28,232 --> 20:40:31,400 idea what they're doing and when they 31691 20:40:29,680 --> 20:40:32,920 acquire you they end up screwing you 31692 20:40:31,400 --> 20:40:34,680 over and you don't get the payments you 31693 20:40:32,920 --> 20:40:36,512 could go one of two ways and by going 31694 20:40:34,680 --> 20:40:38,640 with an aggregator like open store very 31695 20:40:36,512 --> 20:40:40,552 public company has a reputation uphold 31696 20:40:38,640 --> 20:40:41,872 you avoid all of that so you end up with 31697 20:40:40,552 --> 20:40:43,552 a a lower multiple but there's 31698 20:40:41,872 --> 20:40:46,000 definitely trade-offs to that so there 31699 20:40:43,552 --> 20:40:49,080 you have it organize all your financials 31700 20:40:46,000 --> 20:40:51,480 p&l balance sheet all your backend stuff 31701 20:40:49,080 --> 20:40:52,832 your Sops documentation uh get your 31702 20:40:51,480 --> 20:40:55,320 marketing materials you're offering 31703 20:40:52,832 --> 20:40:56,640 memorandum your slide deck or pitch deck 31704 20:40:55,320 --> 20:40:59,000 which that's optional but I highly 31705 20:40:56,640 --> 20:41:01,232 recommend it really helps give the buyer 31706 20:40:59,000 --> 20:41:03,040 something to syn their teeth into then 31707 20:41:01,232 --> 20:41:04,800 deciding if you're going to work with a 31708 20:41:03,040 --> 20:41:06,640 broker I recommend at the very least 31709 20:41:04,800 --> 20:41:08,120 talking with them at the very least 31710 20:41:06,640 --> 20:41:09,640 learn from them and pick their brains 31711 20:41:08,120 --> 20:41:11,280 about you know some of the ins and outs 31712 20:41:09,640 --> 20:41:12,600 and things you might not be aware of 31713 20:41:11,280 --> 20:41:14,960 then lastly deciding where you're going 31714 20:41:12,600 --> 20:41:17,920 to sell there's dozens of marketplaces 31715 20:41:14,960 --> 20:41:19,360 online I would Rec recommend listing on 31716 20:41:17,920 --> 20:41:21,232 all of them like there's really no 31717 20:41:19,360 --> 20:41:23,400 downside and just don't give anybody 31718 20:41:21,232 --> 20:41:25,400 your information like don't until 31719 20:41:23,400 --> 20:41:28,360 somebody assigned an NDA that's the next 31720 20:41:25,400 --> 20:41:30,400 thing prepare like a templatized NDA 31721 20:41:28,360 --> 20:41:31,872 don't give anybody like proprietary 31722 20:41:30,400 --> 20:41:33,720 information don't let anybody see your 31723 20:41:31,872 --> 20:41:35,512 financials or the name of your brand or 31724 20:41:33,720 --> 20:41:37,600 literally anything until they've signed 31725 20:41:35,512 --> 20:41:39,232 a non-disclosure agreement is by doing 31726 20:41:37,600 --> 20:41:40,720 that you are protecting yourself a ton 31727 20:41:39,232 --> 20:41:42,360 it's very normal buyers should be 31728 20:41:40,720 --> 20:41:43,760 expecting it even if it's like somebody 31729 20:41:42,360 --> 20:41:45,832 don't feel bad about getting them signed 31730 20:41:43,760 --> 20:41:47,360 an NDA like just remember everybody's 31731 20:41:45,832 --> 20:41:49,872 personality changes once money's 31732 20:41:47,360 --> 20:41:51,760 involved so get everybody to sign an NDA 31733 20:41:49,872 --> 20:41:54,410 then start listing on the marketplaces 31734 20:41:51,760 --> 20:42:04,480 and then you move on to the next 31735 20:41:54,410 --> 20:42:07,800 [Music] 31736 20:42:04,480 --> 20:42:10,232 stage so once you've gone to Market AKA 31737 20:42:07,800 --> 20:42:12,440 your business listing is now live on a 31738 20:42:10,232 --> 20:42:14,320 different Marketplace hopefully several 31739 20:42:12,440 --> 20:42:15,760 at the very least I would do a choir 31740 20:42:14,320 --> 20:42:18,400 that was a one that I had a good 31741 20:42:15,760 --> 20:42:20,680 experience with but once you're live on 31742 20:42:18,400 --> 20:42:21,640 these marketplaces what is the next step 31743 20:42:20,680 --> 20:42:23,640 and that's what we're going to talk 31744 20:42:21,640 --> 20:42:26,400 about in this video so once you've 31745 20:42:23,640 --> 20:42:29,040 listed on these marketplaces ideally 31746 20:42:26,400 --> 20:42:30,000 you'll start to get a bunch of inquiries 31747 20:42:29,040 --> 20:42:32,120 and we're going to talk about how to 31748 20:42:30,000 --> 20:42:34,960 handle those in a second when I was 31749 20:42:32,120 --> 20:42:37,440 listing my Brands I would say I had at 31750 20:42:34,960 --> 20:42:39,440 least 100 plus different conversations 31751 20:42:37,440 --> 20:42:41,960 with buyers from ranging degrees of 31752 20:42:39,440 --> 20:42:44,280 Interest everybody from aggregators 31753 20:42:41,960 --> 20:42:45,680 reached out to people who were just the 31754 20:42:44,280 --> 20:42:47,512 bsers like just trying to figure out 31755 20:42:45,680 --> 20:42:49,680 what the brand was to people that were 31756 20:42:47,512 --> 20:42:52,480 like parents who were looking for a 31757 20:42:49,680 --> 20:42:53,960 project to do together to people who had 31758 20:42:52,480 --> 20:42:57,232 successful careers and we're looking for 31759 20:42:53,960 --> 20:42:59,480 like side project to small family shops 31760 20:42:57,232 --> 20:43:02,400 who like make investments so it's a full 31761 20:42:59,480 --> 20:43:04,040 range of people and hopefully you start 31762 20:43:02,400 --> 20:43:05,480 to get inquiries it took probably like a 31763 20:43:04,040 --> 20:43:07,232 week or two before I started getting a 31764 20:43:05,480 --> 20:43:08,872 decent amount but if you're not getting 31765 20:43:07,232 --> 20:43:10,800 any inquiries I would recommend similar 31766 20:43:08,872 --> 20:43:12,920 to what I recommend like with Shopify 31767 20:43:10,800 --> 20:43:14,800 stores like look at the other listings 31768 20:43:12,920 --> 20:43:16,480 on the marketplaces learn how companies 31769 20:43:14,800 --> 20:43:18,680 are presenting themselves obviously 31770 20:43:16,480 --> 20:43:20,832 don't fudge any facts by any means one 31771 20:43:18,680 --> 20:43:22,400 it's completely unethical the two it's 31772 20:43:20,832 --> 20:43:24,640 going to get found during due diligence 31773 20:43:22,400 --> 20:43:26,440 so just don't do that but see how 31774 20:43:24,640 --> 20:43:28,280 they're presenting themselves like what 31775 20:43:26,440 --> 20:43:30,600 angles of the business are they talking 31776 20:43:28,280 --> 20:43:32,600 about like maybe on One Marketplace it's 31777 20:43:30,600 --> 20:43:34,600 more centered towards businesses or how 31778 20:43:32,600 --> 20:43:36,160 it can be like passive income and how 31779 20:43:34,600 --> 20:43:38,040 it's like a business that anybody can 31780 20:43:36,160 --> 20:43:40,000 run from their laptop and if you're if 31781 20:43:38,040 --> 20:43:41,192 you pan over to yours and your like your 31782 20:43:40,000 --> 20:43:42,800 listing is talking about how you can 31783 20:43:41,192 --> 20:43:44,480 optimize your supply chain and stuff 31784 20:43:42,800 --> 20:43:46,080 that's an obvious example of a mismatch 31785 20:43:44,480 --> 20:43:47,920 but look at the other marketplaces 31786 20:43:46,080 --> 20:43:49,600 customize your listing for each 31787 20:43:47,920 --> 20:43:50,760 Marketplace cuz different marketplaces 31788 20:43:49,600 --> 20:43:53,232 have different types of people who 31789 20:43:50,760 --> 20:43:55,232 browse them so just look at your listing 31790 20:43:53,232 --> 20:43:57,120 side by side with others and compare and 31791 20:43:55,232 --> 20:43:58,280 contrast and see ways you can optimize 31792 20:43:57,120 --> 20:43:59,720 it just like you've done with your 31793 20:43:58,280 --> 20:44:01,552 business up until this point to have 31794 20:43:59,720 --> 20:44:03,552 something that's even worth selling and 31795 20:44:01,552 --> 20:44:04,872 if you have a broker then that process 31796 20:44:03,552 --> 20:44:06,320 is completely different they should be 31797 20:44:04,872 --> 20:44:08,552 like writing your listings for you 31798 20:44:06,320 --> 20:44:10,320 basically you like they work for you you 31799 20:44:08,552 --> 20:44:11,720 should be putting the work on them like 31800 20:44:10,320 --> 20:44:13,040 asking them what they're doing making 31801 20:44:11,720 --> 20:44:14,640 sure they're writing good listings 31802 20:44:13,040 --> 20:44:16,360 giving them feedback so it changes the 31803 20:44:14,640 --> 20:44:17,960 dynamic a little bit but once you have 31804 20:44:16,360 --> 20:44:20,040 inquiries coming in people will reach 31805 20:44:17,960 --> 20:44:21,640 out like asking some basic questions but 31806 20:44:20,040 --> 20:44:23,360 in order to give them like any kind of 31807 20:44:21,640 --> 20:44:25,440 financials or anything you always want 31808 20:44:23,360 --> 20:44:27,040 to have them sign an NDA anytime 31809 20:44:25,440 --> 20:44:28,552 somebody reached out to me if it was a 31810 20:44:27,040 --> 20:44:30,040 very basic question I would say thanks 31811 20:44:28,552 --> 20:44:31,640 for reaching out here's the answer but 31812 20:44:30,040 --> 20:44:33,160 then if it was anything more advanced I 31813 20:44:31,640 --> 20:44:34,680 would always say really appreciate you 31814 20:44:33,160 --> 20:44:36,512 reaching out i' would love to chat 31815 20:44:34,680 --> 20:44:38,160 further first if you don't mind filling 31816 20:44:36,512 --> 20:44:40,160 out this NDA and then I'll give him a 31817 20:44:38,160 --> 20:44:41,720 link to a docy signed and the doc you 31818 20:44:40,160 --> 20:44:43,800 sign like one click sign it and we're 31819 20:44:41,720 --> 20:44:45,872 good to go but it really protects you 31820 20:44:43,800 --> 20:44:47,920 and any legitimate buyer should have 31821 20:44:45,872 --> 20:44:49,680 absolutely no problem signing it if they 31822 20:44:47,920 --> 20:44:52,480 scoff at it and say no I just asked you 31823 20:44:49,680 --> 20:44:53,872 a simple question they're not a serious 31824 20:44:52,480 --> 20:44:55,160 buyer they're not somebody who's 31825 20:44:53,872 --> 20:44:57,040 actually gone through this process 31826 20:44:55,160 --> 20:44:58,600 before cuz anybody who has would 31827 20:44:57,040 --> 20:45:00,680 understand that so get them to sign an 31828 20:44:58,600 --> 20:45:02,480 NDA non-disclosure agreement which what 31829 20:45:00,680 --> 20:45:04,120 that basically does is it protects you 31830 20:45:02,480 --> 20:45:06,080 from them seeing your information and 31831 20:45:04,120 --> 20:45:07,400 then using it to rip you off or compete 31832 20:45:06,080 --> 20:45:09,360 with you in some way it's a 31833 20:45:07,400 --> 20:45:11,440 non-disclosure non-compete agreement so 31834 20:45:09,360 --> 20:45:13,320 they also can't go sharing the stuff 31835 20:45:11,440 --> 20:45:14,920 that they find within the materials you 31836 20:45:13,320 --> 20:45:16,800 send them but once they have signed it 31837 20:45:14,920 --> 20:45:18,800 then I send over the materials which the 31838 20:45:16,800 --> 20:45:20,120 materials are the offering memorandum 31839 20:45:18,800 --> 20:45:21,552 which that's like public your offering 31840 20:45:20,120 --> 20:45:23,552 memorandum is basically the same as your 31841 20:45:21,552 --> 20:45:24,920 listing on the marketplaces and then but 31842 20:45:23,552 --> 20:45:26,760 you send them over like the pitch deck 31843 20:45:24,920 --> 20:45:27,920 Prime reason to have a pitch deck is 31844 20:45:26,760 --> 20:45:29,160 you're sending it to people they're 31845 20:45:27,920 --> 20:45:30,640 reviewing it on their own time you want 31846 20:45:29,160 --> 20:45:32,512 it to be engaging and simple and 31847 20:45:30,640 --> 20:45:33,872 beautiful and like leave an impression 31848 20:45:32,512 --> 20:45:35,160 is they're looking through a ton of 31849 20:45:33,872 --> 20:45:37,160 these just like you're talking to a ton 31850 20:45:35,160 --> 20:45:38,920 of buyers they're talking to uh a ton of 31851 20:45:37,160 --> 20:45:40,960 sellers so you really want that to stand 31852 20:45:38,920 --> 20:45:42,400 out so they signed the doc you sign to 31853 20:45:40,960 --> 20:45:44,440 be fancy you can set it up so it 31854 20:45:42,400 --> 20:45:46,552 automatically sends so in the follow-up 31855 20:45:44,440 --> 20:45:48,192 email when they sign the doc you sign 31856 20:45:46,552 --> 20:45:49,232 they automatically get the materials 31857 20:45:48,192 --> 20:45:51,280 they get the pitch deck and the 31858 20:45:49,232 --> 20:45:53,192 financials like your p&l and balance 31859 20:45:51,280 --> 20:45:54,680 sheet and then they review and then you 31860 20:45:53,192 --> 20:45:56,440 should this is where you need to like 31861 20:45:54,680 --> 20:45:58,040 really follow up with people and make 31862 20:45:56,440 --> 20:45:59,832 sure that you're moving on to the next 31863 20:45:58,040 --> 20:46:01,720 step as quickly as possible cuz buyers 31864 20:45:59,832 --> 20:46:03,760 would go cold and the next step is 31865 20:46:01,720 --> 20:46:05,512 getting on calls with potential buyers 31866 20:46:03,760 --> 20:46:07,600 and to give you an idea from our process 31867 20:46:05,512 --> 20:46:09,320 IAL like I said I talked with at least 31868 20:46:07,600 --> 20:46:10,832 100 plus different buyers and then out 31869 20:46:09,320 --> 20:46:13,800 of those buyers I probably had I don't 31870 20:46:10,832 --> 20:46:16,040 know 15 or 20 different phone calls and 31871 20:46:13,800 --> 20:46:18,512 then from those 15 or 20 phone calls we 31872 20:46:16,040 --> 20:46:20,120 had I don't know maybe three or four 31873 20:46:18,512 --> 20:46:21,280 different Lois which is a letter of 31874 20:46:20,120 --> 20:46:23,440 intent which we'll talk about in a 31875 20:46:21,280 --> 20:46:25,120 second but that's from our process it's 31876 20:46:23,440 --> 20:46:27,480 completely different depending on the 31877 20:46:25,120 --> 20:46:28,872 business the size the market how well 31878 20:46:27,480 --> 20:46:30,760 you're presenting yourself the broker 31879 20:46:28,872 --> 20:46:33,080 you're working with a lot of variables 31880 20:46:30,760 --> 20:46:34,760 but that was rough the very rough funnel 31881 20:46:33,080 --> 20:46:36,680 that we had so you talk with them and 31882 20:46:34,760 --> 20:46:38,440 then you schedule a call again to make 31883 20:46:36,680 --> 20:46:40,160 it get even fancier you can give them 31884 20:46:38,440 --> 20:46:41,760 like a cly length to set up and schedule 31885 20:46:40,160 --> 20:46:43,160 a call automatically cuz the name of the 31886 20:46:41,760 --> 20:46:44,960 game is keep it moving if you haven't 31887 20:46:43,160 --> 20:46:46,440 heard from a buyer in a few days you can 31888 20:46:44,960 --> 20:46:48,680 pretty much assume that Something's 31889 20:46:46,440 --> 20:46:50,000 Happened they've decided to go elsewhere 31890 20:46:48,680 --> 20:46:51,720 whatever but really want to keep it 31891 20:46:50,000 --> 20:46:53,800 moving and when you get on these calls 31892 20:46:51,720 --> 20:46:55,720 schedule like a 30- minute Zoom call and 31893 20:46:53,800 --> 20:46:57,360 the goal of it is to primarily for them 31894 20:46:55,720 --> 20:46:58,720 to learn about you and to like bet you a 31895 20:46:57,360 --> 20:47:00,192 little bit more but it's really your 31896 20:46:58,720 --> 20:47:02,000 opportunity to present yourself and 31897 20:47:00,192 --> 20:47:04,480 connect with the person on the other 31898 20:47:02,000 --> 20:47:06,800 side business deals start because of 31899 20:47:04,480 --> 20:47:08,160 like the business opportunity but I'm 31900 20:47:06,800 --> 20:47:10,872 fully convinced at this point that they 31901 20:47:08,160 --> 20:47:12,832 close because of the personal connection 31902 20:47:10,872 --> 20:47:14,920 and if I don't think a business deal a 31903 20:47:12,832 --> 20:47:16,920 good business deal has ever been done 31904 20:47:14,920 --> 20:47:18,920 between two people who absolutely hate 31905 20:47:16,920 --> 20:47:20,680 each other for whatever reason but if 31906 20:47:18,920 --> 20:47:22,040 people are like really friendly and 31907 20:47:20,680 --> 20:47:24,120 you've build really good rapport with 31908 20:47:22,040 --> 20:47:25,872 them there's a much better chance of 31909 20:47:24,120 --> 20:47:27,872 getting to some kind of agreement so 31910 20:47:25,872 --> 20:47:29,760 it's your chance to learn who they are 31911 20:47:27,872 --> 20:47:31,040 and show who you are as a seller that 31912 20:47:29,760 --> 20:47:34,160 you're somebody legitimate you're not 31913 20:47:31,040 --> 20:47:35,920 somebody sketchy you are like a down toe 31914 20:47:34,160 --> 20:47:37,680 good ethical person that they can count 31915 20:47:35,920 --> 20:47:39,320 on and not screw them over but at the 31916 20:47:37,680 --> 20:47:41,832 same time you are not somebody that can 31917 20:47:39,320 --> 20:47:44,120 just be walked over and you're not a 31918 20:47:41,832 --> 20:47:46,320 seller who's desperate to take a sale 31919 20:47:44,120 --> 20:47:48,192 like you're you know kind of aof like 31920 20:47:46,320 --> 20:47:49,800 you love the business you're going to 31921 20:47:48,192 --> 20:47:51,320 get asked the question of like why sell 31922 20:47:49,800 --> 20:47:53,600 it and that's where you have to have a 31923 20:47:51,320 --> 20:47:55,552 good answer an honest answer something 31924 20:47:53,600 --> 20:47:57,480 as simple as I've been running it for 31925 20:47:55,552 --> 20:47:58,832 this many years and now I'm getting 31926 20:47:57,480 --> 20:48:01,680 married and want to be able to spend 31927 20:47:58,832 --> 20:48:03,872 more time with my family like family 31928 20:48:01,680 --> 20:48:06,120 personal reasons completely legitimate 31929 20:48:03,872 --> 20:48:07,920 saying you feel like you grew it to a 31930 20:48:06,120 --> 20:48:10,000 certain point and want to pass it off to 31931 20:48:07,920 --> 20:48:12,440 somebody else that one's okay but might 31932 20:48:10,000 --> 20:48:13,960 bring on some questions like what are 31933 20:48:12,440 --> 20:48:15,400 what's that ceiling that you feel like 31934 20:48:13,960 --> 20:48:16,552 you've hit then they're immediately 31935 20:48:15,400 --> 20:48:18,080 going to question themselves are we 31936 20:48:16,552 --> 20:48:20,080 going to hit that same ceiling prepare 31937 20:48:18,080 --> 20:48:21,552 for that question and just only call in 31938 20:48:20,080 --> 20:48:23,480 general you're trying to answer their 31939 20:48:21,552 --> 20:48:25,552 questions get to know them and like 31940 20:48:23,480 --> 20:48:27,872 what's their motivation behind buying it 31941 20:48:25,552 --> 20:48:29,680 and take like a real genuine interest in 31942 20:48:27,872 --> 20:48:31,760 who they are and why they would want to 31943 20:48:29,680 --> 20:48:33,160 acquire your business and also telling 31944 20:48:31,760 --> 20:48:35,320 them that like you care about all the 31945 20:48:33,160 --> 20:48:37,040 employees and like vas whoever that 31946 20:48:35,320 --> 20:48:38,232 works for the company want to make sure 31947 20:48:37,040 --> 20:48:40,192 that they're going to be taken care of 31948 20:48:38,232 --> 20:48:42,480 in some kind of way and lay out your 31949 20:48:40,192 --> 20:48:44,512 expectations as a potential seller like 31950 20:48:42,480 --> 20:48:46,280 what you're looking for in a partner to 31951 20:48:44,512 --> 20:48:48,120 acquire you again why you're looking to 31952 20:48:46,280 --> 20:48:49,832 get acquired all those things it's just 31953 20:48:48,120 --> 20:48:51,800 a lot of is just networking 10one just 31954 20:48:49,832 --> 20:48:53,760 meeting them but the essence of the call 31955 20:48:51,800 --> 20:48:55,960 is to get face to face with the other 31956 20:48:53,760 --> 20:48:57,832 person and answer their questions allay 31957 20:48:55,960 --> 20:48:59,192 their fears or concerns that they might 31958 20:48:57,832 --> 20:49:00,960 have at that point they've gotten a 31959 20:48:59,192 --> 20:49:02,360 chance to go through the materials and 31960 20:49:00,960 --> 20:49:04,680 they've looked at the financials they 31961 20:49:02,360 --> 20:49:06,120 know like where the business stands and 31962 20:49:04,680 --> 20:49:08,192 one question that I would recommend 31963 20:49:06,120 --> 20:49:10,872 asking that an advisor of mine suggested 31964 20:49:08,192 --> 20:49:12,640 is ask for proof of funds and ask for 31965 20:49:10,872 --> 20:49:14,920 like where the funding is coming from if 31966 20:49:12,640 --> 20:49:16,640 it's going to be like just them cash a 31967 20:49:14,920 --> 20:49:18,040 close if they're getting a line of 31968 20:49:16,640 --> 20:49:20,000 credit from a bank it's important to 31969 20:49:18,040 --> 20:49:21,552 know those details and it's even more 31970 20:49:20,000 --> 20:49:23,400 important to make sure that they know 31971 20:49:21,552 --> 20:49:25,512 those answers cold and they have like 31972 20:49:23,400 --> 20:49:27,280 very definitive answers to it because if 31973 20:49:25,512 --> 20:49:29,480 they don't then there's something Shady 31974 20:49:27,280 --> 20:49:31,360 going on and we got to like second round 31975 20:49:29,480 --> 20:49:33,160 calls with a couple of potential buyers 31976 20:49:31,360 --> 20:49:35,400 that then turned out to be just like Fly 31977 20:49:33,160 --> 20:49:36,832 by Night illegitimate groups so that's 31978 20:49:35,400 --> 20:49:38,720 the other thing you're vetting for on 31979 20:49:36,832 --> 20:49:41,080 those initial calls and then you wrap up 31980 20:49:38,720 --> 20:49:43,440 the call and then you move on to ideally 31981 20:49:41,080 --> 20:49:44,750 you move on to the next stage which is 31982 20:49:43,440 --> 20:49:54,800 the 31983 20:49:44,750 --> 20:49:56,800 [Music] 31984 20:49:54,800 --> 20:49:58,480 Lois so after you've had a couple of 31985 20:49:56,800 --> 20:50:00,600 phone calls with the buyers and you 31986 20:49:58,480 --> 20:50:02,512 moved on to the next stage which is 31987 20:50:00,600 --> 20:50:05,512 letter of intent which that's basically 31988 20:50:02,512 --> 20:50:07,120 a buyer in formal writing saying that 31989 20:50:05,512 --> 20:50:09,120 they have an interest in your company 31990 20:50:07,120 --> 20:50:11,120 and they're writing to submit their 31991 20:50:09,120 --> 20:50:12,680 interest and acquiring it I I'll include 31992 20:50:11,120 --> 20:50:14,120 a template just so you can see an 31993 20:50:12,680 --> 20:50:15,512 example yeah so you would receive a 31994 20:50:14,120 --> 20:50:17,192 letter of intent from a buyer which 31995 20:50:15,512 --> 20:50:18,920 would State their interest and the value 31996 20:50:17,192 --> 20:50:21,800 that they're interested in buying it at 31997 20:50:18,920 --> 20:50:23,680 and their suggested terms like one 31998 20:50:21,800 --> 20:50:25,000 payment upfront and then two additional 31999 20:50:23,680 --> 20:50:26,600 payments over the next year whatever it 32000 20:50:25,000 --> 20:50:29,040 is or an earnout which we'll talk about 32001 20:50:26,600 --> 20:50:31,600 like deal structures at close but so you 32002 20:50:29,040 --> 20:50:33,040 get Lois ideally you get multiple Lois 32003 20:50:31,600 --> 20:50:34,720 you don't want to be in a position where 32004 20:50:33,040 --> 20:50:36,360 you're down like you're just you have 32005 20:50:34,720 --> 20:50:38,920 one offer on the table you always want 32006 20:50:36,360 --> 20:50:41,040 to have options or at the very least be 32007 20:50:38,920 --> 20:50:42,872 completely willing to walk away that's 32008 20:50:41,040 --> 20:50:45,872 one quick way to hand over the power 32009 20:50:42,872 --> 20:50:48,440 from yourself to the buyer and just get 32010 20:50:45,872 --> 20:50:49,800 walked all over is if it becomes clear 32011 20:50:48,440 --> 20:50:51,800 and the buyer's able to pick up on it 32012 20:50:49,800 --> 20:50:53,040 that you are willing to take anything 32013 20:50:51,800 --> 20:50:54,552 that you're desperate for whatever 32014 20:50:53,040 --> 20:50:57,400 reason maybe you just went out of the 32015 20:50:54,552 --> 20:50:59,960 business maybe you need the money maybe 32016 20:50:57,400 --> 20:51:01,440 uh whatever if they pick up on any 32017 20:50:59,960 --> 20:51:03,280 inkling of that you're going to get 32018 20:51:01,440 --> 20:51:04,680 walked all over and that's why I said 32019 20:51:03,280 --> 20:51:05,960 like the best time to sell a business is 32020 20:51:04,680 --> 20:51:07,400 when you're not desperate when the 32021 20:51:05,960 --> 20:51:10,160 business is going going well and it's on 32022 20:51:07,400 --> 20:51:11,600 a positive trajectory normally I think a 32023 20:51:10,160 --> 20:51:13,120 lot of entrepreneurs get to the point 32024 20:51:11,600 --> 20:51:14,800 where like business is stagnant and then 32025 20:51:13,120 --> 20:51:16,440 they're like all right I I just need to 32026 20:51:14,800 --> 20:51:18,000 sell it I just need to be done and then 32027 20:51:16,440 --> 20:51:19,832 a buyer picks up on that in 32028 20:51:18,000 --> 20:51:22,080 conversations as they should nobody 32029 20:51:19,832 --> 20:51:23,480 wants to buy your dying your boat that's 32030 20:51:22,080 --> 20:51:25,400 sinking you're trying to get off the 32031 20:51:23,480 --> 20:51:26,552 boat for a reason if that's the case 32032 20:51:25,400 --> 20:51:27,960 they want to buy something that's 32033 20:51:26,552 --> 20:51:29,832 legitimate and people will pick up on 32034 20:51:27,960 --> 20:51:31,720 that but yeah so important to make sure 32035 20:51:29,832 --> 20:51:33,872 you get multiple Lois one way that you 32036 20:51:31,720 --> 20:51:35,440 can push getting Lois from people is 32037 20:51:33,872 --> 20:51:37,040 that as you're wrapping up the phone 32038 20:51:35,440 --> 20:51:40,000 calls with them you can say like we're 32039 20:51:37,040 --> 20:51:42,552 running a process process where we're 32040 20:51:40,000 --> 20:51:45,480 Fielding offers or Lois for the next 2 32041 20:51:42,552 --> 20:51:47,680 weeks or whatever so all Lois are due by 32042 20:51:45,480 --> 20:51:50,640 this date we didn't do that I wish we 32043 20:51:47,680 --> 20:51:52,552 had because it just one it like gets the 32044 20:51:50,640 --> 20:51:54,320 process moving a lot quicker and because 32045 20:51:52,552 --> 20:51:56,280 it can just tend to drag on and on and 32046 20:51:54,320 --> 20:51:57,872 multiple phone calls with Buyers but the 32047 20:51:56,280 --> 20:52:00,232 other thing is that it adds urgency and 32048 20:51:57,872 --> 20:52:02,320 it adds perceived like scarcity to the 32049 20:52:00,232 --> 20:52:04,040 deal and it makes it in the buyer's mind 32050 20:52:02,320 --> 20:52:06,000 they're like okay they're running a a 32051 20:52:04,040 --> 20:52:07,192 process like I have to have it in by 32052 20:52:06,000 --> 20:52:08,600 this dead 32053 20:52:07,192 --> 20:52:11,232 they must and this is the buyer thing 32054 20:52:08,600 --> 20:52:13,080 this they must like you the seller must 32055 20:52:11,232 --> 20:52:14,872 have a decent amount of interest if it's 32056 20:52:13,080 --> 20:52:16,760 ballsy for them to set a deadline for 32057 20:52:14,872 --> 20:52:18,360 Lois the thing is that you just have to 32058 20:52:16,760 --> 20:52:19,720 stick to that like you have to say this 32059 20:52:18,360 --> 20:52:22,280 is the last date that we're accepting 32060 20:52:19,720 --> 20:52:24,080 Lois and then fingers crossed that one 32061 20:52:22,280 --> 20:52:26,440 you built a really good business that 32062 20:52:24,080 --> 20:52:28,232 people actually want but two you've put 32063 20:52:26,440 --> 20:52:30,192 you've gotten like in front of enough 32064 20:52:28,232 --> 20:52:31,640 potential buyers three you've had enough 32065 20:52:30,192 --> 20:52:33,720 phone calls that went well for there to 32066 20:52:31,640 --> 20:52:35,760 be buyers that are interested for the 32067 20:52:33,720 --> 20:52:37,440 setting a deadline to actually pan out 32068 20:52:35,760 --> 20:52:39,040 cuz it can be a double-edged swore it 32069 20:52:37,440 --> 20:52:41,360 can go the other way and nobody's 32070 20:52:39,040 --> 20:52:42,680 interested and then you get no Lois by 32071 20:52:41,360 --> 20:52:43,960 the deadline and then you're left 32072 20:52:42,680 --> 20:52:45,280 sitting there looking like a schmuck 32073 20:52:43,960 --> 20:52:46,720 when you have to go back out on the 32074 20:52:45,280 --> 20:52:48,512 market and say like yeah we had a 32075 20:52:46,720 --> 20:52:50,160 deadline but like we're taking a lower 32076 20:52:48,512 --> 20:52:51,440 price you have to be really confident 32077 20:52:50,160 --> 20:52:53,600 what it is that you're selling but 32078 20:52:51,440 --> 20:52:55,920 having a process in place can be a great 32079 20:52:53,600 --> 20:52:58,360 way to build urgency scarcity and show 32080 20:52:55,920 --> 20:53:00,160 buyers that you're not just like taking 32081 20:52:58,360 --> 20:53:02,480 any old offer you're like you have other 32082 20:53:00,160 --> 20:53:05,512 demand out there then once you receive 32083 20:53:02,480 --> 20:53:07,480 ideally three four different Lois if not 32084 20:53:05,512 --> 20:53:09,120 more that's when you have to make your 32085 20:53:07,480 --> 20:53:10,760 decision you have to decide what buyer 32086 20:53:09,120 --> 20:53:12,800 do I want to go with who gave us the 32087 20:53:10,760 --> 20:53:14,600 best terms who gave us the best offer 32088 20:53:12,800 --> 20:53:16,080 and it doesn't just come down to the 32089 20:53:14,600 --> 20:53:18,680 amount of money it comes down to the 32090 20:53:16,080 --> 20:53:20,080 terms is it all upfront is it an earnout 32091 20:53:18,680 --> 20:53:21,600 is it which an earnout by the way if 32092 20:53:20,080 --> 20:53:23,680 it's based on like sales performance you 32093 20:53:21,600 --> 20:53:25,080 should always do the deal with the 32094 20:53:23,680 --> 20:53:26,360 thought in mind of like the earnout is 32095 20:53:25,080 --> 20:53:27,920 just never going to happen and if you 32096 20:53:26,360 --> 20:53:29,480 would still do the deal even if the 32097 20:53:27,920 --> 20:53:30,920 earnout didn't happen then it's a good 32098 20:53:29,480 --> 20:53:33,440 idea to do it but if you're doing it and 32099 20:53:30,920 --> 20:53:35,360 you're like yeah I like the deal if they 32100 20:53:33,440 --> 20:53:37,832 hit the earnout terms which is 32101 20:53:35,360 --> 20:53:39,360 increasing sales by 30% consistently for 32102 20:53:37,832 --> 20:53:41,440 the next 3 years then it'll be a good 32103 20:53:39,360 --> 20:53:43,360 deal don't do that just assume H your 32104 20:53:41,440 --> 20:53:45,040 bets assume that they're going to tank 32105 20:53:43,360 --> 20:53:47,480 it the earnout terms are not going to be 32106 20:53:45,040 --> 20:53:49,512 hit and you're going to end up with just 32107 20:53:47,480 --> 20:53:50,800 the guaranteed amount if that is the 32108 20:53:49,512 --> 20:53:52,760 case and you're happy with just the 32109 20:53:50,800 --> 20:53:54,000 guaranteed amount then great do it as an 32110 20:53:52,760 --> 20:53:55,480 aside so it's not just based on the 32111 20:53:54,000 --> 20:53:57,000 dollar amount it's based on the terms 32112 20:53:55,480 --> 20:53:59,040 who you're doing the deal with is it a 32113 20:53:57,000 --> 20:54:02,512 legitimate organization like I would 32114 20:53:59,040 --> 20:54:04,512 take a slightly lower valuation or Loi 32115 20:54:02,512 --> 20:54:06,600 from a completely legitimate group like 32116 20:54:04,512 --> 20:54:08,760 open store who I know that they have a 32117 20:54:06,600 --> 20:54:10,720 great reputation and I know I can count 32118 20:54:08,760 --> 20:54:12,192 on it I'm actually going to get paid and 32119 20:54:10,720 --> 20:54:13,800 I'll probably even learn a thing or two 32120 20:54:12,192 --> 20:54:16,800 from working with a group like that 32121 20:54:13,800 --> 20:54:19,320 compared to a group that is offering 32122 20:54:16,800 --> 20:54:21,120 slightly more and like similar terms but 32123 20:54:19,320 --> 20:54:22,720 they're like an unknown nobody's really 32124 20:54:21,120 --> 20:54:24,480 heard of them you've done some research 32125 20:54:22,720 --> 20:54:26,320 on them running a background check would 32126 20:54:24,480 --> 20:54:28,400 be a great idea especially if it's a 32127 20:54:26,320 --> 20:54:29,760 larger deal make sure you know who 32128 20:54:28,400 --> 20:54:31,760 you're dealing with but if they're an 32129 20:54:29,760 --> 20:54:33,720 unknown like you have to factor that in 32130 20:54:31,760 --> 20:54:36,000 like pretty significantly so you narrow 32131 20:54:33,720 --> 20:54:37,960 it down to which Loi you want to accept 32132 20:54:36,000 --> 20:54:40,320 and then then you accept that Loi you 32133 20:54:37,960 --> 20:54:41,920 notify them in writing via email and 32134 20:54:40,320 --> 20:54:43,480 then you let the other people know like 32135 20:54:41,920 --> 20:54:44,720 the other Lois you receive like thanks 32136 20:54:43,480 --> 20:54:46,192 for your interest but we've decided to 32137 20:54:44,720 --> 20:54:48,232 go a different direction that sort of 32138 20:54:46,192 --> 20:54:50,440 thing and then you move into the next 32139 20:54:48,232 --> 20:54:52,320 stage which is due diligence then in due 32140 20:54:50,440 --> 20:54:54,920 diligence this is where you're basically 32141 20:54:52,320 --> 20:54:57,512 opening up the kimono so to speak and 32142 20:54:54,920 --> 20:54:59,320 showing them everything and the buyer is 32143 20:54:57,512 --> 20:55:00,872 able to go through the business and see 32144 20:54:59,320 --> 20:55:02,720 top to bottom the main goal of due 32145 20:55:00,872 --> 20:55:05,040 diligence is to verify that everything 32146 20:55:02,720 --> 20:55:07,360 that the buyer has been told everything 32147 20:55:05,040 --> 20:55:09,120 you've told them up until this point is 32148 20:55:07,360 --> 20:55:11,192 legitimate this is where they see all of 32149 20:55:09,120 --> 20:55:13,160 your bank statements they see every 32150 20:55:11,192 --> 20:55:15,040 invoice you've ever received like 32151 20:55:13,160 --> 20:55:17,440 basically anything they want to ask for 32152 20:55:15,040 --> 20:55:18,872 to see back up or proof for is like a 32153 20:55:17,440 --> 20:55:20,480 fair game the good news is that due 32154 20:55:18,872 --> 20:55:22,120 diligence should be relatively easy 32155 20:55:20,480 --> 20:55:24,280 assuming that you've been running a 32156 20:55:22,120 --> 20:55:25,832 genuine ethical process you've been you 32157 20:55:24,280 --> 20:55:27,400 have all your backup you've answered all 32158 20:55:25,832 --> 20:55:28,512 the questions they've had to the best of 32159 20:55:27,400 --> 20:55:31,000 your knowledge and you haven't tried to 32160 20:55:28,512 --> 20:55:32,832 sugarcoat anything or make it seem other 32161 20:55:31,000 --> 20:55:34,360 than exactly how it is then due 32162 20:55:32,832 --> 20:55:36,192 diligence should be relatively 32163 20:55:34,360 --> 20:55:37,832 straightforward assuming that it's to 32164 20:55:36,192 --> 20:55:39,720 two ethical groups on either side if 32165 20:55:37,832 --> 20:55:41,480 it's an unethical group on the other 32166 20:55:39,720 --> 20:55:43,760 side the buyer which that's why it's 32167 20:55:41,480 --> 20:55:46,080 important that you go with a known group 32168 20:55:43,760 --> 20:55:47,080 if at all possible but say you're going 32169 20:55:46,080 --> 20:55:48,800 through with a group that you didn't 32170 20:55:47,080 --> 20:55:50,232 really know and then they turn out to as 32171 20:55:48,800 --> 20:55:51,800 you're going through due diligence 32172 20:55:50,232 --> 20:55:53,720 they're either like dragging their feet 32173 20:55:51,800 --> 20:55:56,192 along oh that's the thing I forgot to 32174 20:55:53,720 --> 20:55:58,512 mention that in the Lois when they 32175 20:55:56,192 --> 20:56:00,760 accept there's normally like a defined 32176 20:55:58,512 --> 20:56:02,480 amount of time that due diligence will 32177 20:56:00,760 --> 20:56:04,440 take like an amount of time like from 32178 20:56:02,480 --> 20:56:07,000 this date that the LOI is signed we will 32179 20:56:04,440 --> 20:56:08,600 have 30 days say for due diligence to 32180 20:56:07,000 --> 20:56:10,000 come to an agreement a purchase 32181 20:56:08,600 --> 20:56:12,480 agreement to be signed like we'll make 32182 20:56:10,000 --> 20:56:14,192 our best efforts and that's to like you 32183 20:56:12,480 --> 20:56:15,960 have to stop marketing the business 32184 20:56:14,192 --> 20:56:18,280 while you're under Loi but at the same 32185 20:56:15,960 --> 20:56:20,680 time it puts the pressure on the buyer 32186 20:56:18,280 --> 20:56:21,760 or the onus on the buyer to be actually 32187 20:56:20,680 --> 20:56:24,192 going through the process and not 32188 20:56:21,760 --> 20:56:25,920 dragging their feet cuz every day that 32189 20:56:24,192 --> 20:56:27,640 you're you know entertaining working 32190 20:56:25,920 --> 20:56:29,192 with just them and selling to them is 32191 20:56:27,640 --> 20:56:31,040 another day that you're off the market 32192 20:56:29,192 --> 20:56:33,232 and that you know your opportunity is 32193 20:56:31,040 --> 20:56:34,832 passing you by so that's in the Lois 32194 20:56:33,232 --> 20:56:37,232 that they have a set amount of time like 32195 20:56:34,832 --> 20:56:39,160 2 to 3 or 4 weeks pretty normal for 32196 20:56:37,232 --> 20:56:40,552 deals our size but assuming that they're 32197 20:56:39,160 --> 20:56:43,040 going through the process and they're 32198 20:56:40,552 --> 20:56:45,080 not dragging their feet sometimes buyers 32199 20:56:43,040 --> 20:56:47,760 will just try to find things like 32200 20:56:45,080 --> 20:56:49,512 fabricate things to decrease the value 32201 20:56:47,760 --> 20:56:50,960 of the business and some might be 32202 20:56:49,512 --> 20:56:52,920 legitimate and this is where you should 32203 20:56:50,960 --> 20:56:54,680 be willing to like compromise and be 32204 20:56:52,920 --> 20:56:56,680 realistic with people this is like the 32205 20:56:54,680 --> 20:56:58,920 negotiation phase essentially or a 32206 20:56:56,680 --> 20:57:00,720 preemptive negotiation phase cuz after 32207 20:56:58,920 --> 20:57:02,320 you go through due diligence if they 32208 20:57:00,720 --> 20:57:03,960 assuming they don't find anything they 32209 20:57:02,320 --> 20:57:06,160 check it all out they get access to your 32210 20:57:03,960 --> 20:57:07,480 stores your ad accounts like literally 32211 20:57:06,160 --> 20:57:09,800 everything and they're able to look at 32212 20:57:07,480 --> 20:57:11,320 it then that's when you draft up a 32213 20:57:09,800 --> 20:57:14,280 purchase agreement purchase agreement is 32214 20:57:11,320 --> 20:57:16,600 a lengthy document where it's basically 32215 20:57:14,280 --> 20:57:17,920 laying out the terms of them acquiring 32216 20:57:16,600 --> 20:57:20,192 the business it includes like your 32217 20:57:17,920 --> 20:57:21,760 payout terms the value of the business 32218 20:57:20,192 --> 20:57:23,440 the transition which we're going to talk 32219 20:57:21,760 --> 20:57:25,000 about all of that kind of stuff and 32220 20:57:23,440 --> 20:57:25,960 assuming that in due diligence you gave 32221 20:57:25,000 --> 20:57:28,600 them everything you gave them all the 32222 20:57:25,960 --> 20:57:30,400 statements everything lined up perfectly 32223 20:57:28,600 --> 20:57:31,872 then they oh and they also want to like 32224 20:57:30,400 --> 20:57:33,552 in due diligence another important thing 32225 20:57:31,872 --> 20:57:35,640 is making sure that they'll be checking 32226 20:57:33,552 --> 20:57:37,320 that there's no outstanding liabilities 32227 20:57:35,640 --> 20:57:38,960 or anything that could come back to bite 32228 20:57:37,320 --> 20:57:40,720 the business in the ass later on down 32229 20:57:38,960 --> 20:57:42,640 the road they want to be aware and you 32230 20:57:40,720 --> 20:57:44,552 have to disclose any potential 32231 20:57:42,640 --> 20:57:46,320 liabilities or downsides or things that 32232 20:57:44,552 --> 20:57:48,040 the business could be impacted by in the 32233 20:57:46,320 --> 20:57:50,360 future you have to disclose all of that 32234 20:57:48,040 --> 20:57:51,832 and it's again it's ethical to do so and 32235 20:57:50,360 --> 20:57:53,400 it's in your own best interest because 32236 20:57:51,832 --> 20:57:54,832 worst thing that could happen is 32237 20:57:53,400 --> 20:57:56,720 something comes back bites the business 32238 20:57:54,832 --> 20:57:58,832 in the ass down the road then you end up 32239 20:57:56,720 --> 20:58:00,960 in court like settling or them trying to 32240 20:57:58,832 --> 20:58:03,960 reverse the deal so you want to avoid 32241 20:58:00,960 --> 20:58:03,960 that 32242 20:58:04,280 --> 20:58:14,040 [Music] 32243 20:58:12,480 --> 20:58:15,600 so once you've wrapped up due diligence 32244 20:58:14,040 --> 20:58:17,552 assuming everything went smoothly that's 32245 20:58:15,600 --> 20:58:19,720 when you move on to drafting the 32246 20:58:17,552 --> 20:58:21,832 purchase agreement and this typically 32247 20:58:19,720 --> 20:58:24,360 comes from the buyer obviously and but 32248 20:58:21,832 --> 20:58:26,832 this is a lengthy document like I don't 32249 20:58:24,360 --> 20:58:29,192 know 15 20 Pages were what some of ours 32250 20:58:26,832 --> 20:58:31,552 were and this document outlays all of 32251 20:58:29,192 --> 20:58:33,760 the terms of them acquiring the business 32252 20:58:31,552 --> 20:58:35,120 and you can look up examples of this cuz 32253 20:58:33,760 --> 20:58:37,232 I'm not a lawyer this is not legal 32254 20:58:35,120 --> 20:58:38,920 advice or financial advice or advice in 32255 20:58:37,232 --> 20:58:40,680 general just don't listen to me but it's 32256 20:58:38,920 --> 20:58:42,640 a lengthy document that lays out like 32257 20:58:40,680 --> 20:58:44,600 the terms like the price of the business 32258 20:58:42,640 --> 20:58:46,832 the items that were disclosed in due 32259 20:58:44,600 --> 20:58:48,400 diligence those are referenced so that 32260 20:58:46,832 --> 20:58:50,040 if anything comes up later on down the 32261 20:58:48,400 --> 20:58:52,120 line there's reference to those due 32262 20:58:50,040 --> 20:58:54,040 diligence items that was disclosed and 32263 20:58:52,120 --> 20:58:56,232 there's like reps and warranties like 32264 20:58:54,040 --> 20:58:58,120 basically you as the the seller saying 32265 20:58:56,232 --> 20:58:59,640 like we've disclosed everything it's all 32266 20:58:58,120 --> 20:59:01,400 clean so then if something does come up 32267 20:58:59,640 --> 20:59:03,192 later on down the road the buyer is able 32268 20:59:01,400 --> 20:59:05,280 to say like hey you signed this saying 32269 20:59:03,192 --> 20:59:07,192 you disclosed everything we have proof 32270 20:59:05,280 --> 20:59:09,512 that you had not know of it beforehand 32271 20:59:07,192 --> 20:59:11,400 now we can do whatever the terms of the 32272 20:59:09,512 --> 20:59:14,120 agreement is so it has the normal legal 32273 20:59:11,400 --> 20:59:17,360 jargon and stuff but the main the tldr 32274 20:59:14,120 --> 20:59:19,512 is has the price has the earnout so like 32275 20:59:17,360 --> 20:59:21,232 if you're getting it in one lump sum if 32276 20:59:19,512 --> 20:59:23,232 it's going to be earned out over a 32277 20:59:21,232 --> 20:59:25,320 couple of months or in multiple payments 32278 20:59:23,232 --> 20:59:28,040 or if it's going to be guarantee Payment 32279 20:59:25,320 --> 20:59:29,720 Plus contingent on performance type of 32280 20:59:28,040 --> 20:59:32,400 earnout for example you could get a lump 32281 20:59:29,720 --> 20:59:35,280 sum of like 70% of whatever the purchase 32282 20:59:32,400 --> 20:59:37,600 price was and then the remaining 30% or 32283 20:59:35,280 --> 20:59:39,720 say 20% % could be dependent on first 32284 20:59:37,600 --> 20:59:42,680 year performance hitting an agreed upon 32285 20:59:39,720 --> 20:59:45,160 goal I don't know if 20% growth and then 32286 20:59:42,680 --> 20:59:47,440 the remaining 10% could be from seconde 32287 20:59:45,160 --> 20:59:49,800 performance contingent on hitting like 32288 20:59:47,440 --> 20:59:52,920 15% growth or something like that and 32289 20:59:49,800 --> 20:59:54,680 then it'll also outline the transition 32290 20:59:52,920 --> 20:59:56,920 agreement like the amount of hours or 32291 20:59:54,680 --> 20:59:59,120 time that you as the seller are 32292 20:59:56,920 --> 21:00:01,552 committed to providing to the buyer in 32293 20:59:59,120 --> 21:00:03,960 order to guarantee like a clean and 32294 21:00:01,552 --> 21:00:05,960 efficient transition from your team over 32295 21:00:03,960 --> 21:00:07,320 to theirs if they're bringing on your 32296 21:00:05,960 --> 21:00:09,192 employees and stuff then that makes it a 32297 21:00:07,320 --> 21:00:11,320 lot easier but that's outlined in there 32298 21:00:09,192 --> 21:00:13,480 as well now obviously as the seller all 32299 21:00:11,320 --> 21:00:16,600 upfront cash all at once lump some 32300 21:00:13,480 --> 21:00:18,512 payment that's ideal but every buyer 32301 21:00:16,600 --> 21:00:19,960 wants you to have some skin in the game 32302 21:00:18,512 --> 21:00:21,720 and they also want to protect themselves 32303 21:00:19,960 --> 21:00:23,480 so that if they discover something you 32304 21:00:21,720 --> 21:00:24,872 know a year or so down the road they 32305 21:00:23,480 --> 21:00:26,320 have the ability to withhold that and 32306 21:00:24,872 --> 21:00:28,360 you still have some skin in the game so 32307 21:00:26,320 --> 21:00:30,680 that they're not left high and dry so 32308 21:00:28,360 --> 21:00:33,232 it's pretty typical to have a percentage 32309 21:00:30,680 --> 21:00:35,080 be guaranteed hopefully it's a larger 32310 21:00:33,232 --> 21:00:37,080 percentage and then pay installments for 32311 21:00:35,080 --> 21:00:38,512 another percentage and then an earnout 32312 21:00:37,080 --> 21:00:39,800 for the remaining percentage as I 32313 21:00:38,512 --> 21:00:41,800 already mentioned make sure that you 32314 21:00:39,800 --> 21:00:43,760 would do the deal under the assumption 32315 21:00:41,800 --> 21:00:45,480 that the earnout never even happens and 32316 21:00:43,760 --> 21:00:46,872 if you would then great but it's just a 32317 21:00:45,480 --> 21:00:48,920 good rule of thumb assuming that it 32318 21:00:46,872 --> 21:00:50,360 won't happen for one reason or another 32319 21:00:48,920 --> 21:00:52,512 so then once you receive the purchase 32320 21:00:50,360 --> 21:00:53,760 agreement it's then up to you to decide 32321 21:00:52,512 --> 21:00:55,680 and if you have a broker they'll help 32322 21:00:53,760 --> 21:00:58,160 advise you for this but you should 32323 21:00:55,680 --> 21:01:00,120 definitely have a lawyer your own lawyer 32324 21:00:58,160 --> 21:01:01,800 look over the purchase agreement and get 32325 21:01:00,120 --> 21:01:03,440 them to give their legal opinion on it 32326 21:01:01,800 --> 21:01:05,320 make sure there's no little loopholes in 32327 21:01:03,440 --> 21:01:07,320 there or earnout Clauses that you 32328 21:01:05,320 --> 21:01:08,960 weren't aware of or just there's so many 32329 21:01:07,320 --> 21:01:11,320 things that can be worked into legal 32330 21:01:08,960 --> 21:01:12,800 documents that you know unless you are 32331 21:01:11,320 --> 21:01:14,832 have gone to law school you just won't 32332 21:01:12,800 --> 21:01:16,760 even know to look for so hire a lawyer 32333 21:01:14,832 --> 21:01:19,080 they're extremely worth it especially on 32334 21:01:16,760 --> 21:01:20,680 a deal like this and yeah so I I would 32335 21:01:19,080 --> 21:01:22,552 not sign anything without having a 32336 21:01:20,680 --> 21:01:24,280 lawyer look at it so once you have had a 32337 21:01:22,552 --> 21:01:26,160 lawyer look at it and they explain to 32338 21:01:24,280 --> 21:01:27,552 you like in layman's terms the things 32339 21:01:26,160 --> 21:01:29,320 you're going to be agreeing to most 32340 21:01:27,552 --> 21:01:31,512 important things are like the earnout 32341 21:01:29,320 --> 21:01:33,680 period or the earnout terms and making 32342 21:01:31,512 --> 21:01:35,160 sure that you know basically and at this 32343 21:01:33,680 --> 21:01:36,720 point you can push back on certain 32344 21:01:35,160 --> 21:01:39,120 things and you have to pick and choose 32345 21:01:36,720 --> 21:01:41,192 what you want like for us we were most 32346 21:01:39,120 --> 21:01:43,080 keen on like we were fine doing any kind 32347 21:01:41,192 --> 21:01:44,440 of transition this is just us we were 32348 21:01:43,080 --> 21:01:46,232 fine with doing most any kind of 32349 21:01:44,440 --> 21:01:47,760 transition because we were going to have 32350 21:01:46,232 --> 21:01:48,800 time after selling the business and we 32351 21:01:47,760 --> 21:01:50,080 wanted to make sure that they were 32352 21:01:48,800 --> 21:01:52,120 successful and we wanted to see the 32353 21:01:50,080 --> 21:01:53,720 brands grow so we were fine with that so 32354 21:01:52,120 --> 21:01:56,192 we didn't push back on that too much but 32355 21:01:53,720 --> 21:01:57,800 we did want like different earnout terms 32356 21:01:56,192 --> 21:01:59,552 that were more favorable that were like 32357 21:01:57,800 --> 21:02:01,680 shorter time periods that would be more 32358 21:01:59,552 --> 21:02:03,480 likely to be hit as just an example so 32359 21:02:01,680 --> 21:02:05,000 then you can talk to the buyer and 32360 21:02:03,480 --> 21:02:06,400 negotiate that with them but you also 32361 21:02:05,000 --> 21:02:08,400 have to be careful because at this point 32362 21:02:06,400 --> 21:02:10,400 you're that far into the process that 32363 21:02:08,400 --> 21:02:12,480 you don't want to be like overbearing or 32364 21:02:10,400 --> 21:02:14,480 ridiculous and get them to potentially 32365 21:02:12,480 --> 21:02:16,512 pull back but it's just classic 32366 21:02:14,480 --> 21:02:18,400 negotiating stuff like pick and choose 32367 21:02:16,512 --> 21:02:19,960 your battles pick where you want to push 32368 21:02:18,400 --> 21:02:21,192 back and if at the end of the day after 32369 21:02:19,960 --> 21:02:22,960 you've had a lawyer look at the 32370 21:02:21,192 --> 21:02:24,600 agreement then decide if you're going to 32371 21:02:22,960 --> 21:02:25,800 sign it and move forward but a couple 32372 21:02:24,600 --> 21:02:27,760 other things when you're looking at the 32373 21:02:25,800 --> 21:02:30,080 purchase agreement that I personally 32374 21:02:27,760 --> 21:02:32,080 learn to look out for that again this is 32375 21:02:30,080 --> 21:02:34,232 not legal advice but it's the purchase 32376 21:02:32,080 --> 21:02:35,400 price obviously transition agreement 32377 21:02:34,232 --> 21:02:38,120 like the amount of time that you're 32378 21:02:35,400 --> 21:02:40,232 giving third is the NDA or non-compete 32379 21:02:38,120 --> 21:02:41,760 how broad it's very normal for them to 32380 21:02:40,232 --> 21:02:43,480 say hey you just you're selling us a 32381 21:02:41,760 --> 21:02:46,280 yoga apparel company you can't do 32382 21:02:43,480 --> 21:02:48,000 another yoga apparel company makes sense 32383 21:02:46,280 --> 21:02:50,832 but making sure that the language of the 32384 21:02:48,000 --> 21:02:52,832 NDA is not like overly broad that it's 32385 21:02:50,832 --> 21:02:55,640 not just like you can't do e-commerce 32386 21:02:52,832 --> 21:02:57,512 for 5 years or the length of the NDA 32387 21:02:55,640 --> 21:02:59,512 making sure it's not 5 to 10 years like 32388 21:02:57,512 --> 21:03:01,512 a normal one is like 1 to 2 years so 32389 21:02:59,512 --> 21:03:03,720 making sure that that's good and also 32390 21:03:01,512 --> 21:03:05,832 not with any of these points not taking 32391 21:03:03,720 --> 21:03:07,192 it as like uh it says that but like you 32392 21:03:05,832 --> 21:03:08,480 know it's not that serious like they 32393 21:03:07,192 --> 21:03:11,480 wouldn't actually enforce that they're 32394 21:03:08,480 --> 21:03:13,000 good people no assume like put 32395 21:03:11,480 --> 21:03:14,760 Personalities in any Rapport that you 32396 21:03:13,000 --> 21:03:17,280 built aside and act like whatever you 32397 21:03:14,760 --> 21:03:19,232 were about to sign is the word of God 32398 21:03:17,280 --> 21:03:21,232 like I'm not even that that religious 32399 21:03:19,232 --> 21:03:23,080 but pretend like it's the word of God 32400 21:03:21,232 --> 21:03:26,440 just came down off the mountain top this 32401 21:03:23,080 --> 21:03:28,280 is it and if it was it if it's the thing 32402 21:03:26,440 --> 21:03:29,600 would you sign it like act like this is 32403 21:03:28,280 --> 21:03:32,232 going to be enforced to the fullest 32404 21:03:29,600 --> 21:03:33,960 extent of the law would you then sign it 32405 21:03:32,232 --> 21:03:36,512 and if the answer is anything less than 32406 21:03:33,960 --> 21:03:38,000 a absolute yes then get those changes 32407 21:03:36,512 --> 21:03:40,440 made that's what the lawyers are there 32408 21:03:38,000 --> 21:03:42,280 for to help negotiate that stuff for you 32409 21:03:40,440 --> 21:03:44,232 that the language is exactly how they 32410 21:03:42,280 --> 21:03:45,720 would want it to be like in your favor 32411 21:03:44,232 --> 21:03:47,920 but yeah so don't let any points just 32412 21:03:45,720 --> 21:03:49,920 slip on bu like actually look through it 32413 21:03:47,920 --> 21:03:51,080 in detail and make sure that and the 32414 21:03:49,920 --> 21:03:52,552 buyer should be doing the same exact 32415 21:03:51,080 --> 21:03:54,760 thing they should be making sure that 32416 21:03:52,552 --> 21:03:56,440 that's why you know contracts like this 32417 21:03:54,760 --> 21:03:59,512 exist but so there's the price the 32418 21:03:56,440 --> 21:04:01,720 transition the earnout the NDA Clause 32419 21:03:59,512 --> 21:04:03,440 the due diligence like reps and 32420 21:04:01,720 --> 21:04:05,080 warranties like referencing all the 32421 21:04:03,440 --> 21:04:07,232 stuff that was disclosed making sure 32422 21:04:05,080 --> 21:04:09,160 that's full in complete so that there's 32423 21:04:07,232 --> 21:04:11,000 like even little tiny stuff it's much 32424 21:04:09,160 --> 21:04:13,280 better to disclose it up front and make 32425 21:04:11,000 --> 21:04:14,800 sure it's included rather than it being 32426 21:04:13,280 --> 21:04:17,040 the string that gets pulled on that 32427 21:04:14,800 --> 21:04:18,360 unwinds and causes issues down the road 32428 21:04:17,040 --> 21:04:19,872 you just don't want that headache and 32429 21:04:18,360 --> 21:04:21,480 yeah I I think those are the main points 32430 21:04:19,872 --> 21:04:23,600 in the purchase agreement that I look 32431 21:04:21,480 --> 21:04:25,872 out for and then that brings us to the 32432 21:04:23,600 --> 21:04:27,232 last stage which is once you agree on 32433 21:04:25,872 --> 21:04:29,192 something you have a finalized purchase 32434 21:04:27,232 --> 21:04:31,080 agreement it's closing you basically 32435 21:04:29,192 --> 21:04:32,760 just simply sign the agreement and then 32436 21:04:31,080 --> 21:04:35,080 there's within the agreement there was 32437 21:04:32,760 --> 21:04:37,120 like the payout terms so based on that 32438 21:04:35,080 --> 21:04:38,720 you're going and receive a wire transfer 32439 21:04:37,120 --> 21:04:40,640 typically to your bank account for The 32440 21:04:38,720 --> 21:04:42,800 Upfront payment or the guaranteed first 32441 21:04:40,640 --> 21:04:44,080 payment whatever the terms are and then 32442 21:04:42,800 --> 21:04:46,160 at that point is when you start 32443 21:04:44,080 --> 21:04:47,640 transitioning once the first payment is 32444 21:04:46,160 --> 21:04:49,160 received that's when you start and only 32445 21:04:47,640 --> 21:04:51,080 then do you start transitioning 32446 21:04:49,160 --> 21:04:53,400 ownership and all the accounts so like 32447 21:04:51,080 --> 21:04:55,600 Shopify you have to message them and 32448 21:04:53,400 --> 21:04:57,600 transfer Shopify ownership to the new 32449 21:04:55,600 --> 21:04:59,720 buyer you need to get them added to all 32450 21:04:57,600 --> 21:05:01,600 your ad accounts your email accounts and 32451 21:04:59,720 --> 21:05:03,832 it's a good idea to go through and 32452 21:05:01,600 --> 21:05:06,232 notify every vendor that you use in 32453 21:05:03,832 --> 21:05:08,832 writing notify them that hey we've had a 32454 21:05:06,232 --> 21:05:10,400 sale of the business and this new owner 32455 21:05:08,832 --> 21:05:12,960 will be taking over and give them the 32456 21:05:10,400 --> 21:05:14,552 contact information and make sure you 32457 21:05:12,960 --> 21:05:16,400 explicitly have it in writing that the 32458 21:05:14,552 --> 21:05:18,400 new buyer is tagged in it along with 32459 21:05:16,400 --> 21:05:20,320 notifying the new vendor notifying the 32460 21:05:18,400 --> 21:05:21,920 right person not just a customer service 32461 21:05:20,320 --> 21:05:23,640 rep but you have to notify them in 32462 21:05:21,920 --> 21:05:25,280 writing cuz I had a couple cases where 32463 21:05:23,640 --> 21:05:27,160 if they missed a credit card payment and 32464 21:05:25,280 --> 21:05:28,720 it got sent to collections they end up 32465 21:05:27,160 --> 21:05:30,480 calling me because they think that I'm 32466 21:05:28,720 --> 21:05:32,192 still the business owner fortunately I 32467 21:05:30,480 --> 21:05:34,160 had told them hey these brands have been 32468 21:05:32,192 --> 21:05:35,760 sold but that's just a headache you 32469 21:05:34,160 --> 21:05:37,160 don't want to deal with so make sure 32470 21:05:35,760 --> 21:05:39,280 that you go through notify all the 32471 21:05:37,160 --> 21:05:42,000 vendors you give them access to the new 32472 21:05:39,280 --> 21:05:44,480 Shopify stores and then you start your 32473 21:05:42,000 --> 21:05:47,040 transition hours or time period And what 32474 21:05:44,480 --> 21:05:48,552 I recommend doing is having extremely 32475 21:05:47,040 --> 21:05:50,680 well documented proof that you are 32476 21:05:48,552 --> 21:05:52,920 delivering upon all the transition 32477 21:05:50,680 --> 21:05:55,040 action items that were agreed upon in 32478 21:05:52,920 --> 21:05:57,080 the purchase agreement like have a well 32479 21:05:55,040 --> 21:05:58,480 documented Trail proving that you've 32480 21:05:57,080 --> 21:06:00,192 done everything that you said you were 32481 21:05:58,480 --> 21:06:01,920 going to do buyers should do the same 32482 21:06:00,192 --> 21:06:03,552 it's just good legal practice to have a 32483 21:06:01,920 --> 21:06:05,280 paper trail behind you so that you can 32484 21:06:03,552 --> 21:06:06,760 prove you are fulfilling your end of the 32485 21:06:05,280 --> 21:06:09,120 pur agreement and then during the 32486 21:06:06,760 --> 21:06:10,680 transition period this is when you are 32487 21:06:09,120 --> 21:06:12,600 basically handing over the reins you're 32488 21:06:10,680 --> 21:06:14,360 giving them the keys to your car and 32489 21:06:12,600 --> 21:06:16,552 helping them like drive it for the first 32490 21:06:14,360 --> 21:06:19,040 time and your goal or mindset during 32491 21:06:16,552 --> 21:06:21,160 this whole period should be like not 32492 21:06:19,040 --> 21:06:23,480 that okay I sold the business I'm out 32493 21:06:21,160 --> 21:06:25,192 good luck guys your job is not done 32494 21:06:23,480 --> 21:06:26,960 until the end of the transition period 32495 21:06:25,192 --> 21:06:29,320 until you have seen that thing through 32496 21:06:26,960 --> 21:06:30,640 to completion and you have made sure 32497 21:06:29,320 --> 21:06:32,400 that you have done everything in your 32498 21:06:30,640 --> 21:06:34,160 power gone above and beyond the purchase 32499 21:06:32,400 --> 21:06:36,120 agreement go above and beyond and make 32500 21:06:34,160 --> 21:06:38,160 sure that they have everything they need 32501 21:06:36,120 --> 21:06:40,160 to succeed that's when you're done and 32502 21:06:38,160 --> 21:06:42,512 only once that has happened and I 32503 21:06:40,160 --> 21:06:44,600 recommend this on a number of levels one 32504 21:06:42,512 --> 21:06:47,232 it's the most ethical thing to do two 32505 21:06:44,600 --> 21:06:48,760 like you are if you genuinely believe in 32506 21:06:47,232 --> 21:06:50,512 the brand and you're selling it for the 32507 21:06:48,760 --> 21:06:52,000 right reasons you should really want 32508 21:06:50,512 --> 21:06:53,960 them to succeed and see it as a 32509 21:06:52,000 --> 21:06:55,640 possibility and do everything you can to 32510 21:06:53,960 --> 21:06:56,920 make that happen and three I mean at 32511 21:06:55,640 --> 21:06:58,552 least for myself I want to see the 32512 21:06:56,920 --> 21:07:00,440 things that I invested all my time and 32513 21:06:58,552 --> 21:07:02,552 energy into I want to see them continue 32514 21:07:00,440 --> 21:07:03,872 to grow it's like Legacy or whatever I 32515 21:07:02,552 --> 21:07:05,160 don't know but I don't want to see it 32516 21:07:03,872 --> 21:07:06,360 just crash and burn and turn into 32517 21:07:05,160 --> 21:07:08,192 nothing I want to see it grow and 32518 21:07:06,360 --> 21:07:09,872 flourish and be able to look at it like 32519 21:07:08,192 --> 21:07:11,400 5 years down the road and be like wow 32520 21:07:09,872 --> 21:07:12,960 like I took it to here but then they're 32521 21:07:11,400 --> 21:07:14,400 like way up here now like how did they 32522 21:07:12,960 --> 21:07:16,440 do that that's the kind of thing that I 32523 21:07:14,400 --> 21:07:18,552 want to have and the transition is my 32524 21:07:16,440 --> 21:07:20,920 way your way to be able to really make 32525 21:07:18,552 --> 21:07:22,512 sure that that happens and at the same 32526 21:07:20,920 --> 21:07:23,872 time again back to the legal stuff 32527 21:07:22,512 --> 21:07:25,480 you're covering yourself you're making 32528 21:07:23,872 --> 21:07:26,832 sure you did everything in your power so 32529 21:07:25,480 --> 21:07:29,080 that if anything does happen down the 32530 21:07:26,832 --> 21:07:30,360 road you can say definitively I 32531 21:07:29,080 --> 21:07:32,160 completely fulfilled my end of the 32532 21:07:30,360 --> 21:07:33,680 bargain everything was disclosed and new 32533 21:07:32,160 --> 21:07:35,600 everything was represented exactly how 32534 21:07:33,680 --> 21:07:37,640 it was and then in transition I went 32535 21:07:35,600 --> 21:07:39,600 above and beyond I sat with their team 32536 21:07:37,640 --> 21:07:42,160 got on Zoom calls answered all their 32537 21:07:39,600 --> 21:07:44,360 questions and I was readily available to 32538 21:07:42,160 --> 21:07:46,160 fully transition them over again it not 32539 21:07:44,360 --> 21:07:47,760 only is the most ethical thing but it 32540 21:07:46,160 --> 21:07:49,760 sets them up for success and makes sure 32541 21:07:47,760 --> 21:07:51,552 that your your baby continues on and 32542 21:07:49,760 --> 21:07:53,552 then at the end of your transition 32543 21:07:51,552 --> 21:07:55,832 period which that can range greatly 32544 21:07:53,552 --> 21:07:58,512 everything from a number of a set number 32545 21:07:55,832 --> 21:08:00,720 of hours to just a set number of months 32546 21:07:58,512 --> 21:08:02,160 like it can vary some won't need any 32547 21:08:00,720 --> 21:08:04,160 transition some will need a ton of 32548 21:08:02,160 --> 21:08:05,960 handholding again that ties back to 32549 21:08:04,160 --> 21:08:07,280 really consider who your buyer is if the 32550 21:08:05,960 --> 21:08:08,872 buyer has zero experience you're going 32551 21:08:07,280 --> 21:08:10,720 to be doing a whole lot of handholding 32552 21:08:08,872 --> 21:08:12,800 versus like company like open store 32553 21:08:10,720 --> 21:08:14,512 they've already done this how many times 32554 21:08:12,800 --> 21:08:16,080 and they transition for them just looks 32555 21:08:14,512 --> 21:08:17,552 like showing them the ropes and like the 32556 21:08:16,080 --> 21:08:18,920 things that are unique to your brand 32557 21:08:17,552 --> 21:08:20,440 that they have encountered before but 32558 21:08:18,920 --> 21:08:21,872 like running Facebook ads email 32559 21:08:20,440 --> 21:08:23,872 marketing all that stuff they've done 32560 21:08:21,872 --> 21:08:25,760 that a thousand times so again consider 32561 21:08:23,872 --> 21:08:27,480 the buyer but at the end of your 32562 21:08:25,760 --> 21:08:29,960 transition period you're pretty much 32563 21:08:27,480 --> 21:08:31,680 done and then you're free to go start 32564 21:08:29,960 --> 21:08:33,960 your own YouTube channel and talk about 32565 21:08:31,680 --> 21:08:35,680 it crazy idea so there you have it 32566 21:08:33,960 --> 21:08:38,160 that's just from my experience what it's 32567 21:08:35,680 --> 21:08:39,440 like selling one of these Brands I'm not 32568 21:08:38,160 --> 21:08:41,160 the most experienced person when it 32569 21:08:39,440 --> 21:08:43,480 comes to this but I've done it a couple 32570 21:08:41,160 --> 21:08:44,960 of times now made a ton of mistakes took 32571 21:08:43,480 --> 21:08:46,960 a lot longer than it should have I know 32572 21:08:44,960 --> 21:08:48,720 for a fact that going back now and doing 32573 21:08:46,960 --> 21:08:50,280 it all over again I would do it 32574 21:08:48,720 --> 21:08:52,320 completely differently a lot like what I 32575 21:08:50,280 --> 21:08:53,960 laid out here hopefully that allows you 32576 21:08:52,320 --> 21:08:55,320 guys to avoid some of those same 32577 21:08:53,960 --> 21:08:56,680 mistakes that I went through so 32578 21:08:55,320 --> 21:08:58,280 appreciate you guys for watching 32579 21:08:56,680 --> 21:09:02,280 hopefully this lesson's been useful for 32580 21:08:58,280 --> 21:09:02,280 you and I'll see you soon 32581 21:09:02,780 --> 21:09:20,509 [Music] 2538970

Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.