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  1. Insaint

    E-commerce + driving traffic

    EXECUTION 
    I would immediately leave the site if I saw a $8 shipping charge show up on checkout for a $10 product. Try to offer free shipping and charge $15-18 for the product itself (this depends on how often you get people that order multiple products). Or offer free shipping for orders over...
  2. Insaint

    E-commerce + driving traffic

    EXECUTION 
    No, only test one variable at a time if you can help it. Like hughjasle said, you're assuming too much. But even if all those numbers were correct you would still have a 25% chance of not getting a sale with $20 ad spend (67 clicks, 98% chance of not getting a sale each click ->...
  3. Insaint

    ALWAYS Check Your Employee's Work: A Cautionary Tale

    Dinosaurs? He was supposed to manage a group of people and yet failed to check on one of them for 2 whole months. He's lucky he only got demoted. Most companies would have fired him on the spot.
  4. Insaint

    From Affiliate Marketing To Importing And Ecommerce

    MARKETING 
    That really depends on your current income. Up to €20k/year you pay ~10%. If you spend 1225+ hours/year on your business you can get a big deductible (and even more if you're a starting entrepeneur) that basically means you pay below 5% until you make €27k+/year. Usually you will need to make...
  5. Insaint

    New product. Not sure what the correct path would be.

    This sounds like a very rough deal for you. Why would you do all the work and only get 50%? This isn't a partnership if you are the only one working on it. How are you going to scale if you have to give 50% of all profits to your cousin and then pay another 20-50% (depending on where you're...
  6. Insaint

    From Affiliate Marketing To Importing And Ecommerce

    MARKETING 
    Probably fixed by now, but in most stripe plugins it's simply clicking a 'send customer data' option. If you use your own developer: https://stripe.com/docs/api#customers.
  7. Insaint

    ECommerce Startup Bros

    Worldwide e-commerce sales were ~$1.7 trillion in 2015 and are expected to grow to ~$3.5 trillion in 2019. Of course it can be lucrative to join and of course it can be fastlane. But if you are going to focus on selling the exact same products as everyone else, chasing new products and selling...
  8. Insaint

    What are your Paid and Free Traffic Sources ?

    If your advertising through Adwords is profitable you should look into Bing. You can import your Adwords campaign with a few clicks. Their volume is not as high as Google, but competition is lower (so lower CPC's) and conversion rates are generally higher (perhaps users are less savvy).
  9. Insaint

    Blogging for Profit (With Legendary GOLD Follow Up Posts)

    GOLD! 
    Take a look at https://www.buysellads.com/buy. You can see what small to (very) big sites charge for their advertising in various categories. Just keep in mind that is what they charge, not everything will sell at that rate. But it will give you an idea of the possibilities. Most of the larger...
  10. Insaint

    $500,000+ revenue on Shopify!

    NOTABLE! 
    Joe goes to his BoA branch and files a chargeback. You provide proof that it was a valid transaction. BoA tells Joe his chargeback was declined. Joe is pissed. BoA now has a pissed customer. On the other hand, if BoA approves the chargeback you are pissed. You are not a BoA customer (I assume...
  11. Insaint

    $500,000+ revenue on Shopify!

    NOTABLE! 
    Why would they risk pissing of their own customers when they can just approve the chargeback at no cost to them. It's not like you are going to stop accepting credit cards unless fraud reaches ridiculous levels. The problem is that banks have little incentive to stop credit card fraud. I have...
  12. Insaint

    Thinking of buying an ecommerce business. Any tips?

    HOT! 
    I'd love to see it. I'm not at the level yet, but I imagine it will be valuable for anyone interested in buying/selling websites regardless of the deal value.
  13. Insaint

    Thinking of buying an ecommerce business. Any tips?

    HOT! 
    They are talking about $1.4m revenue over the past 12 months (or perhaps 2015). The 10k mailing list is not that impressive no, but I guess it depends on the average order value and conversion rate.
  14. Insaint

    Thinking of buying an ecommerce business. Any tips?

    HOT! 
    Most of the larger brokers don't want to touch non-English sites, probably because the pool of buyers goes down rapidly yeah. The only exception I know of is Flippa Deal Flow because I've seen the odd German site pop up there. Their minimum selling price seems to be ~$100k. So if your site is...
  15. Insaint

    Thinking of buying an ecommerce business. Any tips?

    HOT! 
    Yes they do. A lot of money is coming into the e-commerce/SAAS/whathaveyou market because people are chasing yield. A lot of those people are very uneducated on the subject. If you have your own products with strong margins/sales and you're looking to sell the business you should definitely look...
  16. Insaint

    Shopify case study - importing glasses made $2400

    HOT! SOURCING 
    This type of glasses has been marketed to gamers for at least 1-2 years, just search for 'Gunnar' on Amazon. So this is not about finding a different audience for an existing product, this is about execution. There are still tons of people within the existing audience that have never heard of...
  17. Insaint

    I want to live X but how's the internet speed?

    It's certainly possible. Quite a few cities in (Western) Europe offer fiberglass internet and I'm sure plenty of other places do as well. I'm currently on 300mbps ('free' upgrade to 500mbps in a month) and for another 15 euros/month I could upgrade to 900mbps. Sure I don't really need that much...
  18. Insaint

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    No problem at all. Glad I could help you along a bit.
  19. Insaint

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    From what I understand eBay automatically adds VAT to their service fees. Whether you have to charge VAT on your eBay sales depends on if you are VAT registered or not. A quick calc: VAT registered: You want to sell an item for £50 on ebay.co.uk. You have to charge 20% VAT, so the final price...
  20. Insaint

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    Why are you paying VAT twice? If you sell an item to a customer for £120 you have to pay £20 in VAT. If you already paid £10 in VAT when you imported that item you can just subtract that from the £20 you received from the customer and only pay another £10 to the government. In the end all you...
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