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  1. Nik Krohn

    Shipping options - good enough?

    I personally NEVER offer free shipping on any of my commerce sites. I would rather lower the price a tad on the front end which usually gets them in and generates more traffic and charge standards shipping. The reason I do this is because I can always run a retargeting ad offering FREE...
  2. Nik Krohn

    I could easily quit my job, but it isn't time yet

    HOT! MINDSET 
    You mention that your business offers some sort of service. Is it software or still time for dollars? Congrats on the success. I am in a similar position but holding out to build some great cash reserves for future business.
  3. Nik Krohn

    A Complete Meal in a Bag of Chips? Is my idea a flop?

    NOTABLE! IDEA 
    I just ran a kickstarter raising $330,000 in a 8 day campaign and 90% of the funding came from our email lists. We did a lot of FB ads as well (KS Interest targeting and Lookalike targeting) and they just don't perform like driving traffic to your site post campaign. My advice: DITCH...
  4. Nik Krohn

    Hunting Ecommerce Site to explode!

    EXECUTION 
    Update: $1600 sold in 2 weeks only from FB. Hoping to hit $3000 by end of the month. Now I am going to try to list products on Amazon!
  5. Nik Krohn

    Hunting Ecommerce Site to explode!

    EXECUTION 
    UPDATE: Generated about $500 in sales in the first week. That was with extremely mediocre product (hats, shirts, decals). We just got our imported products yesterday. Pretty excited about it. We just listed everything on the site and now just got our first $100 today. $600 to date. I expect...
  6. Nik Krohn

    Inventing a new product

    I have a product in mind that I want to invent. It involved outdoor sports and electronics combined. I have never invented a product before but there is nothing on the market like this and there are dozens of others who have tried to invent this. There is a market for it. I contacted several...
  7. Nik Krohn

    HOW TO: Understand Fastlane Business Mathematics

    GOLD! 
    Can you turn this into an open google doc? I dont have Microsoft office on my mac :/
  8. Nik Krohn

    Do you use different email lists for your customer base?

    MARKETING 
    I have different niches in different lists. Dont create too many. IE we generate leads for a list via FB giveaways. I use the same list for every giveaway otherwise we would have 10+ lists. Its easier to just have one.
  9. Nik Krohn

    Getting a marketing degree?

    MARKETING 
    If you plan on being an entrepreneur, then I suggest starting a business, and busting your a$$ to get results. No college can teach you that. If you ever want a job for "security" then you can put your experience on your resume and get a $60,000-$75,000 no problem. Employers dont care about...
  10. Nik Krohn

    Getting Shit Done ($10,000 self-imposed 30 day challenge!)

    I love coming back to this forum for motivation to execute brilliantly! I have started a business for the Fastlane and it is growing. But I have a few things that are limiting me that make me feel like I cannot quite quit my job (I know, I should just do it...). I have some CC debt, some back...
  11. Nik Krohn

    FBA and Importing Goods From China

    HOT! SOURCING 
    I am new to amazon selling. If the product is already on amazon, how can you sell there? Does amazon keep track of how many of the item you have in stock and will display them as others sell out? Is it even possible to list the same product at the same price and not get sales? Does that...
  12. Nik Krohn

    Hunting Ecommerce Site to explode!

    EXECUTION 
    This is great. Glad you like the name. This is going to be difficult to convert sales. I am hoping that some products will be easier to sell than others. For example, I can hardly give away FREE tshirts, lol. But I think an electronic consumer good might do some more damage. Filming your own...
  13. Nik Krohn

    [AMA] Importing & wholesaling for resale on eBay.

    GOLD! SOURCING 
    @Ecom man I am getting a few suppliers that will send me product but the best shipping is always around $65. I dont mind if it comes via flight but is there a cheaper way so it does not eat profit margin? Also, some suppliers want me to pay for their paypal fee. Any suggestions?
  14. Nik Krohn

    Who is in Utah?

    MEETUPS 
    Im a utah-ite. I live in saratoga springs and work in springville so i drive through lehi daily. It would be cool to start a mastermind or something
  15. Nik Krohn

    Hunting Ecommerce Site to explode!

    EXECUTION 
    I am not much of a believer of digital products. Have had some bad experiences with them. I do however do occasional consulting (IE a few hours for $125) although that is not my business model or how I like to make money. Also depends on the brands that people want built.
  16. Nik Krohn

    Hunting Ecommerce Site to explode!

    EXECUTION 
    Here is some feedback I got: Some like it, some dont even among hunters. I love the idea of controversy tho :P
  17. Nik Krohn

    Ryan Deiss' Digital Marketer

    It is my experience that any marketer trying to sell their training/secrets is all BS! They do 1 case study and decide to make a product out of it. The best way to get into DOING social media is to DO it through experiments. Spend 10 minutes and turn it into a science experiment. Find the...
  18. Nik Krohn

    Who else should I be targeting on facebook? Financial advice sector.

    MARKETING 
    If you are not selling a product or service and are just getting them familiar with your site, I would NOT drive them to your site. I have spent over 100k on FB ads last year alone. Here is what I would do: Get people to like your FB page and then engage via newsfeed and promoted posts. I...
  19. Nik Krohn

    Hunting Ecommerce Site to explode!

    EXECUTION 
    Feel free to PM me. Id be more than happy to feature a likeminded fastlaner!
  20. Nik Krohn

    Hunting Ecommerce Site to explode!

    EXECUTION 
    good feedback all

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