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MARKETPLACE Biophase - 2018 Ecommerce/Amazon Business Coaching Program

Discussion in 'Fastlane Marketplace' started by biophase, Dec 16, 2017.

  1. biophase
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    biophase Legendary Contributor I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    I have decided to do the coaching program again in 2018

    I was on the fence for the past month, but seeing a bunch of last year's clients doing well and even selling out their products during the holiday season made me decide to do this next year!

    Below are results from four of my 2017 clients. Keep in mind that mpst of these numbers are from just 3-4 months of selling.

    25353679_10214325107897447_2479870668491265420_n.jpg

    The format will be the same as last years. Conference on Sunday nights for 2 months and then private coaching for the next 4 months. In addition, you will be invited into a private Facebook group with me and all the past participants.

    This program length is about 6 months long (January 14, 2018 to June 30, 2018). Yes, there's an end date, but quite honestly once you are in the Facebook group I will continue to answer your questions. I am still in contact with the 2016 and 2017 group.

    I've found that the schedule works out very well because February is Chinese New Year so nobody gets quotes or samples anyway. So we learn about product selection and then really start doing the actual work in March-June. People get their products around September and get a few months under their belt until the holiday season hits.

    The general timeline will look like this:

    January and February - Weekly group calls where we will discuss product selection and help you determine what is good, bad, easy and hard to sell online and most importantly why. We will discuss potential products and some case studies of my own products to help you all understand how I choose my products.

    I also wanted to make the product selection phase longer so that clients aren't pressured to choosing something because they feel that they are running out of time. In 2017 some clients didn't find their product until May or June.

    March-May - Clients should be on their way to select a product. In this phase they we be speaking with a supplier and getting samples. At this point, we will move towards the 1 on 1 coaching. I am doing 1 on 1 because I don't know if every client will want to reveal their product selection to the others. This is always a sensitive area and I would error on the side of privacy.

    June+ Clients should usually have placed their initial production order by this time. There is alot of waiting at this point.

    Products arrive and we list on Amazon. We will optimize listings and sell!

    Communication between you and me

    · Weekly group call coaching sessions in Jan. and Feb. Calls will be on Sunday nights. They last about 2 hours.
    · 1 on 1 weekly coaching calls from Mar. to June.
    · Unlimited email communications
    · Access to private Facebook Group (all new clients and past clients are eligible to join, what you divulge in there is up to you)

    What you will learn

    Product selection – This is the most important choice you can make as it will shape your business in the month’s to come. We are not picking any AMZ seller products. We will be hand choosing products that have little or no competition and likely will not have many in the future. Amazon gets more competitive every year, so product selection is critical. That is why we are spending 2-3 months on this part.

    Importing – We will go over the process of getting samples all the way to importing your first production order.

    Everything Amazon – Everything you need to know about selling on Amazon. We will not be using any review groups to launch.

    Everything Ecommerce – I will help you set up your own ecommerce store on Shopify or Bigcommerce. You will need your own store as we are building a real business, not an Amazon business.

    Photography – I will teach you how to take photos with your smart phone and edit them with free editing software. This is a very important part of your listing.

    General value add strategy – Changing your thought process to care about value vs. profit.

    Cost

    The price for this coaching program is $8,000 USD. The full payment amount is due upfront.

    Other Requirements

    You should also have at least $3,000 (preferably $6,000) to spend on your first inventory order.

    What results you should expect

    If you end up with a business that is profiting $500-$1500 a month with one product on Amazon, I would call our time together a huge success.

    We are not trying to find you a $10,000/mo product. We will find a decent product that is profitable and relatively easy to sell with little or no competition.

    I want to make your life easier and lower its stress, not help you battle in the trenches of Amazon warfare. If you want to do that, just save your money and start a supplement company. :)

    I am trying to teach you skills that you can use to replicate what we’ve done. I am teaching you how to think, not what to think or what to do. Therefore, if you have one decent product, you can find another one.

    OK, Let's be real

    Yes, you are paying me alot of money. But spending money and attending group calls does not make you successful. You must be willing to work hard, but more importantly you must be willing to think and exercise your brain. There's going to be alot of stuff that suddenly makes sense and you wonder why you didn't think of that. That is your brain thinking and changing its thought process.

    You may be running the numbers and thinking, geez $8k and he's finding me a product that makes $500/mo. That's like 16 months to get my money back. Well, that's not the point of this course. If we find a $500/mo product, you should be looking for another $500/mo product after this program is over. The point is for you to leave with a some startup business and more importantly, for you to leave with a better brain inside your head that can generate hundreds of $500/mo products for life.

    I will help you find and source a product, set goals and answer all your questions, but I cannot guarantee your success.

    I can only put you in a position to succeed and you must do the rest. I am also not a babysitter, so I will not be contacting you if miss calls or are not contacting me. Some products will take longer than others to develop, improve, rank or sell and may take longer than 6 months to fully mature.

    Application Form

    If you have read this far and would like to apply for my coaching program, please visit Kenric Ecommerce Coaching Form and fill out the application form.

    I will be reviewing applications from now until December 25th. I will notify clients if they have been accepted on December 26th. Full payment will be required by January 6th.
     
  2. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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  3. NickC
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    NickC Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    I need to find a bank to rob.
     
  4. Mr_Maravish
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    Mr_Maravish Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

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    Makes two of us!
     
  5. NewManRising
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    NewManRising Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    I wish I had to dough to spare.
     
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  6. Mr_Maravish
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    Mr_Maravish Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

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    But serious question Kenric, Do you accept financial aid?
     
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  7. DavidK
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    DavidK Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    @biophase

    Thank you for taking the time to offer coaching. Just wondering, I travel for work and am at a hotel 4-5 nights a week but usually home on weekends, I also work during the day but have 4-5 hours a night to give. Just wondering if the opportunity you present is feasible for my given situation, don't want to potentially take an opportunity away from someone else whom may be a better fit?

    Thank You
     
    Ika likes this.
  8. biophase
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    biophase Legendary Contributor I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Sorry upfront payment only. Haven't had good luck with people paying in installments. Just don't want to deal with the headache.
     
  9. biophase
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    biophase Legendary Contributor I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    This really depends on how bad you want it. All of my clients from earlier this year have jobs. A few were gone for 1-2 weeks at a time and couldn't make all the calls. They still succeeded. On my donation call last month there was a guy from Europe who woke up at 3am, just to call into my 90 minute call!

    I don't think that being in a hotel will hinder you from starting a business. But some people watch TV all night in hotel rooms and don't get any work done. Others go down to the bar. I personally am on my computer when I'm in a hotel room and I get a decent amount of work done.

    I don't want you to waste your money, so you need to decide how committed you will be.
     
  10. maverick
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    maverick Unorthodox Nonconformist Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Sent in my application. Who's going to outsell me?
     
  11. StartToday
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    StartToday Contributor Read Millionaire Fastlane

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    Those 8k must be totally worth it but I'd have to sell a kidney to afford the program!

    Hopefully you'll still be doing this in 2019 or 2020.
     
  12. Tiger TT
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    Tiger TT Bronze Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    @biophase how are you clients living in Europe doing when compared to the ones who are living in the USA?

    Are the ones living in Europe facing problems related to their location that's hindering their process?
     
  13. MiguelHammond10
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    MiguelHammond10 Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    Thank you for the thorough documentation of the process.
     
  14. maverick
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    maverick Unorthodox Nonconformist Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    There are plenty of people making a (good) living with AWS whilst not being physically present in US. This is just another problem that needs to be solved.

    I'm based in Europe. I've signed up. No more excuses.
     
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  15. kestrel
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    kestrel New Contributor

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    @biophase , I have submitted my application and I am hoping to be accepted. When next week to you plan to inform people who are interested if their application has been accepted.
     
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  16. B. Cole
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    B. Cole Kyle's money Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Hey Kenric,

    All of my capital and focus will be on product development this year, but I do have a question - I might be looking to supplement my products with others in an ecommerce business, and my wife is heavily interested in ecommerce as well. If you do the program next year, would you be open to coaching a couple simultaneously?
     
  17. jon.a
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    jon.a Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Speaker phone?

     
    Last edited by a moderator: Dec 24, 2017
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  18. B. Cole
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    B. Cole Kyle's money Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Pretty much, just thought it courteous to ask. Inevitably, we’d each have questions, but would respect the time boundaries.
     
  19. TrowelHead
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    TrowelHead Contributor FASTLANE INSIDER

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    I'm in - if there are still any spots? K - i emailed you just now.

    My personal goal is to use this as a second/side business (already have a successful ecom business) and i want to generate $1500 monthly profit by this time next year

    That number is quite specific, as it's what i need to cover the costs on my new toy (Audi RS6 Performance)

    Cheers!
     
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  20. Mr. Wick
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    Mr. Wick PARKED

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    I just came across this thread a couple of days late... I am wondering if applications could still be sent in? I would love to be a part of this program as I am itching to break into ecommerce this year. @biophase
     
  21. Bramxq
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    Hey man, its great to follow your road. Also because I just started aswell.

    I have a couple of questions you can possibly help me with. I found my product by needing it myself but it had so much flaws and bad reviews. I am gonna improve it, I contacted suppliers on alibaba and have sent them an image of the product that already exists with my 6 things they need to improve. There's 6 crucial things that need to be improved for it to be perfect imo. Is this the way to go about that? What is your experience in communicating to manufacturers? I would gladly learn from you =)

    Thanks in advance
     
  22. StartUpDavid
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    StartUpDavid New Contributor Read Millionaire Fastlane

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    Good luck to all the students in this program. Timing is everything. Look forward to the next coaching opportunity from @biophase
     
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  23. TBreezy
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    TBreezy Contributor FASTLANE INSIDER

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    still spots open?
     
  24. jacksparrow
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    jacksparrow New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

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    Damn! I wish I hadn't missed this! Looking forward to the next mentoring programme. All the best to those on the programme
     
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  25. Daniel.
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    Daniel. New Contributor Read Millionaire Fastlane

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    @biophase any chance of being able to talk to you privately about a product? I will pay for your time.
     
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