How to Make Your First $1,000,000 In Ecommerce Sales
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- เผยแพร่เมื่อ 6 ก.ค. 2024
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How to Make Your First $1,000,000 In Ecommerce Sales
In this video, we delve into the crucial concept of product-market fit and explore how it can shape the trajectory of your business. Product-market fit, the alignment between your product and your target market's needs, is a cornerstone of successful business operations. Whether you're fine-tuning your online store for launch or seeking to break past a sales plateau, understanding and achieving product-market fit can be a game-changer.
We explore how inventory management, a system designed to organize inventory throughout the supply chain, can foster efficient operations, from sourcing raw materials to delivering finished goods. We discuss how proper inventory management can monitor your company’s stocked goods, tracking their weight, dimensions, quantities, and location.
The ultimate goal of inventory management is to minimize the cost of holding inventory. It informs you when it’s time to replenish products or buy more materials to manufacture them, helping you maintain optimal inventory levels and minimize costs.
In this video, we also highlight the importance of effective marketing in boosting your business. However, as we emphasize, without product-market fit, even the most robust marketing strategies can fall flat.
Join Adam Levinter, an entrepreneur, founder, CEO of Scriberbase, published author, and podcaster, as he hosts this episode of Learn With Shopify. He is joined by Mike Gettis, who founded Endy in 2015, Canada's fastest-growing vertical e-commerce company, and market leader in the online mattress space. Mike shares his insights from his journey with Endy and his current venture, Kilne.
Whether you're striving to attract your first customer or your 1,000th customer, this video is packed with insights and strategies to help you grow your business.
Here is what we’ll cover in this video:
00:00 Introduction
01:04 Deciding on Your Niche
04:18 Creating Your Brand
07:54 Testing Your Product
09:41 Marketing Your Business
11:00 Marketing Channels
18:41 Sourcing & Manufacturing
21:43 Co-founder Relationships
23:53 Customer Experience
26:22 Acquisition
27:23 Employee Feedback
💰 FREE Shopify Course: First Day to First Sale
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📚 Resources
► Lean Start Up theleanstartup.com/
► Endy ca.endy.com/
► Kline kilne.com/
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#ProductMarketFit
#InventoryManagement
#BusinessGrowth
#EcommerceSuccess
#MarketingStrategy
#OnlineBusiness
#BusinessTips
#Entrepreneurship
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As a small business person who is in the middle of launching a Dropship clothing business. This was absolutely 💯 helpful and also confirmed some of our business approaches.
Great video! Extremely informative 👏🏾
Hey guys, please note that the free trial promotion has changed. The free trial period is now for 3 days, after which it will cost only 1$/month for the next 3 months!
A fascinating and down to earth conversation. Mike was very generous with sharing information and well interviewed. Lots of take out tips for me to now action.
We're so glad you enjoyed the video! Thank you for watching.
Great business person super explain thanks you so much very helpful small Idea 💡 but super
Questions: how much was spent on marketing and advertising? I don’t think we’re talking a few dollars
a lot of good information. 30 minutes just flew by :D hope to see more videos like these :D
🙌
So good...
Very informative. Learned a lot of things to implement for my own brand. 🔥
Thanks for the feedback! What was your greatest takeaway?
@@learnwithshopify What he said about building amazon store to test out products and moving the best ones to d2c was huge.
Is this an ad for Endy? Never heard of it till now.
Interesting...
Love the presentation on Endy Mattress and Pillows. I think I'm interested to test it since I am having back problems after a long illness. How to connect with you. I would like to use as pillow foam for my pillow designs. I also use a back support on my chair but still not satisfied.
@telegram Read the room mate, the poster was playing the sympathy card looking for some free product.
Can you make a video on the topic "How to start an eyeware (optical) shop pls.
Thanks folks, shared this idea with our team!
Did someone set the date wrong or is this a way to promote 🤔
We experimented with publishing it as a TH-cam premiere instead of a regular video 😀
Isn't just one of the million copies of Casper? How is that original?
Wow, you've got good eyesight, I didn't see the word "original" anywhere in the video title...
Once we get rid of the uptalking? Turning a statement into a question?Then maybe I will have patience to listen.
Omg. You are my person. I thought I was the only one who hears it and can’t stand it. It’s the way Californians talk 🤮
⚡️⚡️🍫
INSPIRING 💪😍!! Increase your stats - P-R-O-M-O-S-M!!!
Very misleading title. There is 0 “how to “ information here.