Happy 2018!
We have some incredible news to start things off…
As of right now, FSO eCommerce websites earn more than $1,000 daily!
With that, we’ll be doing things a bit differently this month.
We’re going to focus on sustaining and then scaling a $30k/mo business.
Enjoy the video below as Rito reveals his 3 strategies to do just that:
Strap in, we’ve got an exciting ride ahead!
It’s common for Shopify sellers to be active during Holiday’s only to vanish after.
That’s not us!
We’re in this for the long run.
Our store has been live since October 2017.
During that time, we’ve had multiple $300, $500, even $800 dollar days.
But could never seem to eclipse the $1,000 dollar daily mark.
In December, we went all-in with Shopify stores.
We even had a couple $900+ dollar days during that time.
Still, we were unable to break the $1,000 dollar barrier.
Until the new year hit…
And suddenly we’re surpassing $1,000 per day, regularly!
Here’s how we’re doing it:
Strategies To Make $1,000 Per Day
Strategy #1 – Utilize Pexda.com
Pexda is a powerful eCommerce spy tool we’ve been using for a couple months.
This tool does all of the winning product research for you.
You still test products against your own audience to see what works for you.
But Pexda can save you a lot of time and increase the likelihood of winning ads.
Because we’re using ZeroUp, which automatically adds products to our Shopify store, we can quickly publish, then promote products Pexda reveals to be popular.
This significantly reduces research time.
When it comes to product research, store owner fit into one of two categories:
Team Monkey
They go to AliExpress and add products to their store with minimal research.
No competitor analysis, zero sales insight and no idea which products work for their own customers.
Sure, if you have the extra time and money, you could definitely make it work.
But there’s a better way… The panda way.
Team Panda
These are people who actually research which products are working right now.
They use Facebook research, competitor analysis, and of course, Pexda.
How To Use Pexda
Click any winning product listed on their site and instantly discover:
- Facebook ads promoting it
- Targeting Suggestions
- Geography & Device
- Story Selling Report
- AliExpress Report
- Amazon Report
- Ebay Report
- And more!
To discover what really works for you, add every Pexda product to your store.
Setup 2-4 ad sets per product.
Allow 2-4 days per product to see which convert.
Pause any campaigns that don’t convert, and scale any that do.
Strategy #2 – Sell Internationally
If you’re just getting started with paid advertising, focus on the United States.
Do this until you identify your winning products / ad sets.
If you’ve already identified winning products, begin targeting foreign markets.
We’ll cover currency and language conversion apps and tactics in another post.
For now, focus on duplicating your winning adsets, and targeting various countries outside the us.
About 60-70% of our sales are actually international now.
Strategy #3 – Increase Your Margins
There are several things you can do to increase your margins.
For instance, things like:
- Optimizing Store For Conversion Rate
- Increase Average Order Value
- Track Your Visitors
When it comes to margin impact, cart abandonment takes the cake.
There’s an app called Recart that does much of the heavy lifting for you.
They send your emails, offer messenger subscriptions, and automatically target customers who abandoned their carts.
This app alone has helped significantly increase our sales and margins.
There’s a lot going on, especially as you scale
There will always be ups and downs.
Just continue taking action and continue learning…
Experience is the purest form of knowledge!
Any Strategies you’ve learned here today, we’ll elaborate in upcoming posts.
That’ll do it for this one, great work!
Questions, comments or just want to say hi?
We love hearing from you in the comments section below!
Success by choice, not by chance,
-David Aston
P.S.
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P.P.S. Click here for Episode 2!
