How To Start: The First 5 Steps To A $1M E-Commerce Brand
ฝัง
- เผยแพร่เมื่อ 14 ก.ค. 2024
- I often get the question “I know the playbook, but where do I start?” So today, I wanted to make a video about the first 5 steps of the process. I’m confident that if you do this, you’ll have the foundation for a million dollar brand.
If you're ready to get started on your road to $1m, head to capitalism.com/playbook
Connect with me on Instagram at / ryandanielmoran
Timestamps:
0:00 - The First 5 Steps To $1M
1:00 - Step 1: Pick Your Person
3:50 - Step 2: Find Your Products
5:55 - Step 3: Do Your Research
9:15 - Step 4: Build Your List
14:53 - Step 5: Create Content To Grow Your List
19:53 - Step 6: Comment down below for part 2
After watching this I went ahead and made a feeler post about my idea inside a FB group I'm in and I've had 47 people raise their hand to be notified about updates in the last hour😅. I have dozens more groups I can post in too😮😮😮😮 let's goooooo!!!
It works! Keep me updated on your progress Fred!
@@RyanDanielMoranWhy am I always concerned in doing this and having someone steal my Idea?
@@bballa211 Because you think that ideas matter, rather than execution. I give away all my ideas.
I have read the book, watched the videos and read all the emails. I am up to step four, and as an introvert, I find it soo hard to do this!! I've done everything else - my first product is on the boat on it's way over 😬😬
Great work getting the product ordered! Big step!
Step 1- Check
Step 2- check
Step 3- check
Step 4- check
Step 5- check
Then I got into my head a little in the last few days and I needed to be reminded of step 1.
As always- thank you Ryan
Great video Ryan, this really is how it's done! I'm starting on two different persons/products now. One is 40+yr old side sleepers who are suffering from shoulder neck and back pain (me lol). I have a cool solution that isn't available anywhere else. Working on prototypes, now I need to start building my list. I see this as a sleep optimization company which opens up a lot of possibilities from supplements to black out curtains to wearable sleep tracker apps. Exciting!
love this idea
Excellent work Fred. Get into the One Percent and let us mentor you through it.
Makes sense, Part 2 please!
You are so fucking good at what you do. Thank you for the incredible knowledge that you share.
This is my favorite comment of the day. Thank you!
This is what I needed. After deciding to let go of my original idea I’m starting over. Finding that person and what they already but that solves a problem they have is a big help. Even looking at what they’re involved in and what is complimentary to that is helpful.
Awesome video Ryan, very helpful and instructive! I'd love to watch part 2! 💪
Thank you Ryan, this was great content! Big hug from Finland!
Thank you Ryan - great video
Love the book. Thanks Ryan❤
This is one of the best vidéo on ryan !!
Thanks for watching!
Great video Ryan :)
Thank you! Very insightful.
Thanks for watching!
Love this content
Awesome insight!
Hi Ryan
I did all the steps and recorded the journal as you suggested.
Uploaded my first video "I did the "12 Months to $1 Million" book" in my channel.
I have done:
- Chose my customers
- Built one product
- Stacking the deck (TH-cam video + Landing Page)
But I am far from the launch.
Thanks for writing the book and uploading videos. I hope this will work.
This is excellent! Im having some difficulty here though. I’m the person and my products are diet/food related. The problem is I have product ideas for keto, and also for carnivore. If I try to do both, they would likely not be niche enough of a group of people.
I am just trying Carnivore, and in my reading lots pf people start with Keto and move to Carnivore. I've tried keto before. Also, when I look up carnivore recipes a lot of keto recipes come up that can be adapted. I guess what I'm saying is I think they may be the same people.
Hi Ryan. I’ve been watching your content from India for a while and I love your ideas. Do you think this model would work in other countries as well? Like India for example
To add, when picking your person, go beyond demographics and dive into psychographics to truly understand their pain points and aspirations.
Solid stuff here! I’m at the step where I make a landing page. Is Shopify a good place to do that? Then I can add products later on…
@ryandanielmoran
What's your email?
Ryan: can you elaborate on social channels? Use my very old personal accounts or do a different / fresh account and start posting?
Also I have about 4 different persons I want to serve. How do you decide?
Hi Ryan, just wondering what your thoughts are, on whether there is any risk that if I tell the world early about my upcoming product (Step 4), then the product idea would be out there and somebody else might beat me to it to produce a similar product?
Can you do this if you're an FBA seller? What site would you drive the traffic to, for pre-orders?
Yes, I specifically think of this for FBA sellers. Amazon is limited in their pre-order capabilities, but you can pre-launch products on Shopify or Kickstarter. Combining the two strategies is powerful.
low key i dont have friends, or at least good ones and have no socials might take longer than i thought
Hey Ryan I wrote an affirmations book but only found your book after I started getting into how to market it....will these steps still work for me ir do I need to start over?
I've emailed my "waitlist" page to 2,000 people (all past customers), posted in my group of 1,600 members, and posted on a Page with 38K followers (getting 1.1K views). Also DM'ed probably 30-40 people that worked closely with me in the past.
Got about 70 clicks to the page, and 6 opt-ins for the "waitlist". Another dozen or so people replied in the DMs saying "this is a cool idea".
I would say this engagement feels better than the previous "soft-launches" i've attempted in the last couple of years, but still, this doesn't feel like the "prospects are trying to snatch the product out of my hands" which is one definition of PMF that i've heard, or the phenomenal launches to "tiny lists of 200 people" that Ryan mentioned in his podcasts
What do you think, too little data, or does this smell of a flop?
This analysis is going to sound weird, but hear me out...
You're doing too much with too little personal touch.
If you are emailing, posting, and interacting with that many people, but getting that little engagement, it means something is off. In *most* cases, that means that your messages are too vague - like you are copy and pasting the same thing to everyone - and you're missing the magic of communicating to the target person.
My invitation to you would be to reach out to 50 of your best past customers and interact with them personally... then use that feedback to email the entire list.
Connection is the best conversion.
@@RyanDanielMoran so from the 30-40 people I messaged individually, about a dozen replied “very cool idea” and 5 of them opted in to the waitlist.
For the social posts, I’ve recreated some viral videos from Reddit (where I actually got the idea from), so it shouldn’t have be too vague, because everyone whom I personally showed the videos to, “got it” right away
Ryan, are your strategies just for physical products? I'm launching a Forex Trading school on the front end and then a Forex Trading robot on the back end
10:19, he says the one can "use Chat GPT to write this copy". Can anybody elaborate what he meant by this, I've rewatched this bit multiple times and I still cant wrap my head around what he meant by this.
You put a prompt into chatGPT saying, "Write me a ______ (email landing page) for _______ (your biz idea) in a _______ (friendly, professional, etc) tone.
Can you plz direct me to a group with whom i can work together?
Check out The One Percent at capitalism.com/one