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- Unlimited Store Growth Hack (You probably never thought of)
Unlimited Store Growth Hack (You probably never thought of)
Big Ideas + Big Execution = Big Results
GROWTH
Let me take you on a quest to expand your thinking.
And no… no kool-aid or peyote will be required here.
Let’s first start at the start…
What is required to achieve $1m in sales per month for your store?
STORE GROWTH CHECKLIST
AN AUDIENCE THAT TRUSTS YOU
PRODUCTS TO SELL
CAPITAL TO GROW
Without one of the 3 above, there is a lower chance at achieving your goals.
Such as… no audience no sales, no products no sales, no capital no sales.
The small thinking way to approach this equation is…
“Well everyone wears shirts, so I am going to be rich for selling shirts”
Listen up… there are 300,000 stores on Shopify selling shirts.
There are 3b people you could target with ads…
So you are going to have to steal someone else’s audience to sell your product.
But what if… you could borrow their audience?
Here comes the expansion of your mind… an explosion of opportunity.
What if you could partner with people who already have an audience to sell products to their audience through your store for a % split?
This is not a new concept…
But perhaps you are not thinking on this scale of the opportunity yet.
Here is how this strategy works….
You reach out to an influencer with a big list of people who know and trust them. Let’s say for this example, anyone who has previously TRANSACTED with over 100,000 people.
…. And I say TRANSACTED because it is easy to fake instagram followers and it is hard to fake REAL CUSTOMERS.
For example… one of my stores has over 500,000 customers!
Who cares about followers when you are TRANSACTING
We want to see receipts here folks!
Ok… so you find people with a REAL AUDIENCE… and you say:
“Let’s PARTNER on a store where I create all the products for you and you push out to your audience, we split the profits 50/50. You in?”
Feel free to adjust the deal as needed… but shoot for the moon!
This GROWTH HACK is why the license plate on my Ferrari says PARTNER
This strategy netted me $300k on just 1 store!
Now the SCALE of this plan is to rinse and repeat with 100 more influential people! Now we are thinking big!
So think about this…
Who in your circle has an audience?
No one in your circle has an audience?
How can you get into a new circle of people with an audience?
There are people out there who have no idea how valuable their audience could be for them…
For example… I was at dinner with some massively influential people and they asked what I do. “I own Shopify stores”
Is there any money in that?
I didn’t expect that response…
This guy is worth over $1b and he has a massive following online.
Has NO IDEA that there are people making $50m+ per month with Shopify.
So I say…
“Let me handle everything, then you push out the products to your audience and we split profit. That’s it! Just make a few videos, and you get paid!”
The best way to get cut in on billion dollar businesses is to do business with billionaires (or millionaires).
Go seek out deals, find those people with opportunity and deliver.
On the product side… find stores for inspiration (use storefilter.com)
And then show them how much the store makes and the products that are sold.
Use Upwork.com to hire a freelancer to make some mock ups…
And you could even have someone build the store for you.
Your total out of pocket cost on mock ups and store build could be around $2k.
Then leverage print on demand solutions to get the product out the door and BOOM! You are in business!
Reinvest back into sourcing and 3PL for scaling the brand and you are set!
Want to run a $1m a month store?
You have no capital to invest or audience or product to sell?
NO PROBLEM! Go partner with folks who at least have an audience and the rest will fall into place!
Need the $2k startup cost? I will give you the cash for half of your profits on the right deal…
Thinking bigger now?
Go find deals… put them together and make a seat at the table.
Buy the sports car, get a nice outfit and go to dinners with big players.
Then it is GAME ON to scale!
Only think holding you back is your small thinking. So let’s think bigger!