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welcome to the free Ecom course what you
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have just found is over 21 plus hours
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put together by my wife myself and our
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amazing team to bring to you everything
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that you could ever possibly need to
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start and grow your own successful
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e-commerce business so what's in this
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course is everything that I learned from
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growing eight different Shopify Brands
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to seven figures and Beyond but the best
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part is that this course is not just
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based off of things that used to work
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and S plus years of experience also
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based on the things that are working
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today like this brand here that we
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launched a couple of months ago back in
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July and since then it's been on track
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to do well over a million dollar in its
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first 12 months the reason we're making
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this course is that after I look back
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over the past decade or so of experience
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and just counted up all the mistakes
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that I've had along the way I realized
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that there's just no resource out there
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like this that is truly based off of
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real Real World experience and what is
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currently working and certainly nothing
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like that for free cuz not only do we
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have the in-depth lessons where I go
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through everything with you step by step
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not just showing it for an example
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actually building one that we're going
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to launch and grow to six and seven
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figures in sales but we also give you
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all the resources and PDF downloads and
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templates that you need so that you can
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copy paste everything that we do in our
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business while I certainly can't promise
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any kind of results and anybody who
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tries to promise results you should take
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a closer look at them what I can promise
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you is that this 21 hours is by far the
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best work that I've ever done my entire
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life and it leaves absolutely no stone
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unturned so if you are a complete
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beginner and you're confused and not
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sure like what direction to follow in or
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where to get started this resource is
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for you or if you've already started
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taking sales you're struggling to get
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profitable and to scale then this is
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going to show you how to do that we
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covered everything from zero to seven
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figures that includes all of the
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marketing all your product research your
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site optimization customer service how
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to manage your finances all of the
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little ins and outs we've covered all of
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that and putting together an amazing
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resource like this is obviously not
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cheap or a fast thing to do so my team
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and I and my wife/ business partner we
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have worked on this recording for well
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over a month invested well over $30,000
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in editing and bringing together all of
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the resources here before you and making
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it completely free now a question you're
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probably asking yourself is that okay if
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it's so great then why is it free so
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that seem a little strange and the
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reason for me deciding to make this free
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and available to everyone comes back to
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a personal experience I had that when I
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was first starting out I decided to buy
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a course I invested about $5,000 of
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money that I didn't have just racked it
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up on my credit card and by the time I
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actually got into the course and started
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working on the business I didn't have
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any money left over to actually spend on
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the business and I was just in a really
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bad spot ended up having to take a job
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in order to pay down the the course
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alone I don't want that experience for
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anybody and if there was a resource out
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there like this it would have completely
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changed the trajectory of my life I'm
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really happy with where things have
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ended up but that would have completely
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changed the trajectory and I would have
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been really grateful to whoever did that
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so in this course it's broken down into
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10 different modules for you in module
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one you're going to be learning the
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intro lay of the land exactly what this
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course is what you can expect and how to
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get the most out of it then module two
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you're going to be laying your
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foundations learning how to become the
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kind of person that is capable of not
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just starting a project like this but
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actually seeing it through all the way
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to the end module three you're going to
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be learning how to do market research
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and choose your Niche and then building
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a brand that will stand out in a really
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competitive space module 4 is product
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and fulfillment where you're going to be
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seeing how we do product research and
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then how we use AI tools to create
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create and design all of our products
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extremely cost effectively and then how
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we use print IFI so that they print pack
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and ship all the orders right to the
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customer without us ever having to touch
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a thing in in module 5 you're going to
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learn how to create a high converting
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Shopify store where I'm going to be
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going through with you step by step
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Click by click sharing my screen with
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you as I'm building my own brand along
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with you again this is not just a me
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teaching stuff at you I'm literally
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building a new brand alongside you
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module 6 is the beefiest section of the
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the entire course and that's where
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you're going to be learning how to drive
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profitable Facebook and Google ad
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traffic in module 7 you're going to
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learn how to set up all of your email
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flows and automations so that you can
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just set these up one time and then they
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run for you for the duration of your
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brand and just R in extra profitable
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sales for you every day of the week
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module 8 is systems and operations where
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you're going to be learning how to not
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just maximize your profit but how to
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make sure you are actually keeping it
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how to run your financials how to scale
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your team so that you can work on the
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business instead of in it module 9 is
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scaling where we're going to be talking
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about how to go from $10 to $100,000 per
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month in sales the module 10 is where
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you're going to be learning about what
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it takes to build an exit from a seven
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figure e-commerce business so those are
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all the things we're going to be
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covering as I mentioned it's extremely
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robust it's as comprehensive as it gets
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it's just a matter of you deciding is
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this something that you're going to
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stick through all the way to the end
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knowing that this is the last resource
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you will ever need so if you're ready to
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jump in and change your life there's
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just two quick things we ask you number
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one is if you're interested in getting
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full access to all the free resources
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then consider joining the school
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Community again it's completely free
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it's an amazing community of people that
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are going through the course with you
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that you can talk with ask questions
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bounce ideas off each other whatever you
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want in addition to getting all of the
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resources in a nicely formatted step by
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step and then the second thing is of
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course using the affiliate links down
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below of the businesses and softwares
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that we recommend by using those links
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you help us recoup some of our costs and
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earn a small commission that it doesn't
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cost you a single thing but certainly
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don't feel pressured to do it by any
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means you can always just go Google it
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and find the same software but by using
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the links Down Below in some cases
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there's special offers that we've
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partnered with these companies to be
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able to bring you such as Shopify which
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is the one that I recommend signing up
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for right now which by clicking the
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Shopify link you get three months of a
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Shopify trial for just a dollar then the
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second link is printify which by using
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the link down below you can get 1 month
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of printify Premium completely for free
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while you try it out and this is the
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company that we have used for years and
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years to fulfill all of our products we
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absolutely love them and we're going to
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be talking a lot more about them I
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appreciate you even watching this far in
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the video just that alone shows that you
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stand out from the rest of the crowd and
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I believe in you that you have what it
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takes to get this done we are here for
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you in the school community and in the
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comments every step of the way now let's
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scale
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[Music]
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[Music]
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all right so we just want to take a
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quick minute to first of all introduce
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ourselves uh and more importantly
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explain like some of the background
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behind the course and why we're doing it
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so you know exactly what you're getting
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into who are
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we all right so we are wait okay so if
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you haven't seen my YouTube channel or
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Chris's YouTube channel um we are
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married we are husband and wife and we
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are we are we're married it's crazy but
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we've been business partners and
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roommates and stuff for going on a
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couple of years and we've decided to
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make this course after running these
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businesses long enough and like with
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consistent enough results that we felt
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like sharing it to hopefully help some
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other people get results along the same
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lines as what we my quick 30 second
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elevator pitch is that I quit my 9 to5
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job at Amazon it was more like a 9900
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p.m. to 9:00 a.m. job at Amazon but
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anyway about 8 years ago holy crap yeah
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8 years ago and then I lived in a
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e-commerce incubator with 12 other
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entrepreneurs for about four years or as
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Meg called it the Ecom frat house either
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one is pretty accurate and during that
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time I learned a ton and in the past
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seven eight years I built eight
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different Shopify Brands to seven
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figures and exited from five of those
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Brands and a couple of them were with my
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business partner here and then as a fun
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fact here's the notepad that I had from
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when I started learning about starting a
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business right after have you seen this
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before no after I graduated the so the
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terrible handwriting aside the part that
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I thought was funny was that like my
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questions at the top were LLC question
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mark and then I thought that the most
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important thing was immediately
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researching trademarks and patents I
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actually did a really in-depth course on
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patent research which have never used to
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this day and here's my actual college
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gpa for my transcript so I graduated
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with a whopping 2.88 my mom always
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thought that I was going to be a doctor
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and instead I've sold a lot of t-shirts
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and the reason I'm showing this is just
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to share that you know I'm clearly
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nothing special and at the end of the
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day if I'm able to get these kind of
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results then I I think just about
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anybody can as well and from the the
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house that I lived in here's an example
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of here were our sales from way back in
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2019 we were like split up into
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different teams and it's a story for a
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whole another day but anyway it was it's
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pretty cool experience and that's where
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I learned a lot we held events that sort
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of thing where people would come in and
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learn from us about running Facebook ads
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and email marketing Shopify how to find
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winning products all that sort of thing
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and now who am I my name is Meg and I
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actually had no
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no I don't know if I want to say desire
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but like I absolutely never thought that
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I would be pursuing anything e-commerce
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related I actually went to school to
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become a pediatric nurse um and I still
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do that per DM to this day but after I
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met Chris he introduced me to e-commerce
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specifically print on demand and I think
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this is something that you know you
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could get into and do really well in and
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so during Co when the world was shut
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down I had a lot lot of free time on my
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hands and so I started my first shop and
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the rest has really been history since
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then it went did a full flip nursing was
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my full-time and now e-commerce is my
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full-time so a very different route than
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what Chris took yeah and to prop Meg up
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for a second she went from her first ad
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campaign that she ever launched it was
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literally named quote I have no idea
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what I'm doing normally I name the
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campaigns like cold purchase optimize
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she showed me her ad account and it was
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like a full sentence I have no idea
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what's going on so she went from that
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point to during Co being a nurse like
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working her ass off obviously and just
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stayed very consistent with it and
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through all the ups and downs that we're
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going to talk about a lot throughout
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this course all the challenges that come
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with not just running a business but
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like being an entrepreneur in general
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and like the mental ups and downs you
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have that everybody faces Meg's like
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face that while balancing being a nurse
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and she stuck with it for what could it
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was like four been five years yeah four
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or five years so nurse she's an amazing
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Testament like you can 100% have a
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career path that you'll always saw as
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your like you know your long-term
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solution or your long-term career and if
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you're like open to new and challenging
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things and you can be like Dynamic and
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just stick with it she's a perfect
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example of how like you can go anywhere
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you just set your mind to it basically
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so so why can we talk about this
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basically because we've done it and we
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are only going to talk about things in
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this course that have worked from our
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own personal experience for running
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multiple seven figure e-commerce Brands
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and we have a combined 10 years of
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experience currently we work about 4 to
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8 hours a weekish on the brands each but
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that completely varies we'll talk about
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that later and we consistently make six
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figures profit from our stores and we've
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also more importantly we've helped quote
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unquote normal people or think we're
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normal people build seven fig stores so
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it's not just from our case studies or
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examples it's from friends and family
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and people that follow us that we've
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helped them go from zero I have no idea
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what I'm doing to seven figures in sales
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and we're not trying to teach anything
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outside of just what's worked from our
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own personal experience and it's from
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running like in my case eight different
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brands grow growing them from zero to
351
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seven figures all different niches lots
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of different products we're just sharing
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from our own personal experience we're
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not branching outside of that you'll
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never hear us like a brainstorm about
356
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what could work it's always just from
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our own experience so you can take it as
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this has definitely worked for somebody
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and it is what it is why we wanted to
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make this course we one find it really
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fulfilling we've noticed between both of
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our YouTube channels that there's a lot
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of questions out there when it comes to
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e-commerce print on demand and people
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just I guess more videos out there that
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that just skim the surface they don't go
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deep into how to do things within the
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business and we saw this as an area that
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we can completely help and change people
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we can do the Deep dive we can show you
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exactly how to do every single step of
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getting a store from nothing to
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launching and even scaling beyond that
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and it's fun for us to work together it
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is fun for us to work together and we
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like being able to help people that we
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care about achieve freedom from the 9
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00:14:00,279 --> 00:14:05,360
to-5 Lifestyle and like Meg said there's
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00:14:02,639 --> 00:14:07,639
a lack of good information out there or
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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
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sitting next to us somebody that we
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00:14:15,120 --> 00:14:18,040
cared about if they were sitting next to
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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
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00:14:22,320 --> 00:14:26,040
would that look like and then obviously
390
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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
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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
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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
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00:15:21,240 --> 00:15:25,600
movie The Producers had two options when
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00:15:23,480 --> 00:15:28,480
they were trying to find people to to
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00:15:25,600 --> 00:15:30,560
play the roles they could either a hire
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00:15:28,480 --> 00:15:32,920
actors and teach them how to play hockey
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00:15:30,560 --> 00:15:35,199
or B they could find hockey players and
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00:15:32,920 --> 00:15:36,959
teach them how to be actors and
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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
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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
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00:16:18,480 --> 00:16:23,000
right thumbnails and then they get they
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00:16:21,120 --> 00:16:26,880
like learn enough about how to play
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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
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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
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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
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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
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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
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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
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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]
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