AmbitiousInstinc
New Contributor
- Joined
- Jul 23, 2019
- Messages
- 4
Rep Bank
$40
$40
User Power: 225%
The days are over to make an easy quick $ online. Putting a cheap product on amazon and eBay or drop shipping it isn't so easy anymore like these gurus will tell you. Competition is rising, and businesses are getting stricter.
Of course, you can make money online quite easily, however, the real question should be is it sustainable/long term. Have you put a system in place to make sure this is a proper business and not just a pop up an online store that dies in 3 to 6 months.
If you want to grow a successful business in 2019 and beyond you have to think to build a brand while putting your customers come first. If you don't build a brand, other competition will eventually come through and kill your product listing, Shopify store, etc. YOU essentially want to be that business people come to (without second-guessing) when they need something specific (whatever your niche is)
The best thing about building a brand is that you don't need as much traffic as you think you need. Why is this? Well if you build a brand, you will have customers that trust you, and with trust comes repeat purchases from the same customer, instead of new ones coming and going.
Look at Apple for example. Every year, they have millions of repeat customers who upgrade their phone. Why is this? Well because they have developed their brand in a way where if they need a new phone, they come to Apple. They trust Apple and because of this, they are able to charge so much for their products and come back every year. IF someone needs a new phone they instantly think of Apple.
Save your a$$ by over-delivering, being different, being the best and building an email list so you can get in touch with your customers individually. Have a free product in your front end and take your customer through a sales funnel. If you sell books or products on Amazon, this can be your front end, get their email and then you have products to sell them via email marketing on your own website.
Build your business, social media platforms, make a website.
Think further, think bigger.
Just thought I'd make a quick post on this, because if you want to succeed you have to think this way now... For long term growth anyway.
The most consistent and heavy money is made in brands and agencies. Build one.
Of course, you can make money online quite easily, however, the real question should be is it sustainable/long term. Have you put a system in place to make sure this is a proper business and not just a pop up an online store that dies in 3 to 6 months.
If you want to grow a successful business in 2019 and beyond you have to think to build a brand while putting your customers come first. If you don't build a brand, other competition will eventually come through and kill your product listing, Shopify store, etc. YOU essentially want to be that business people come to (without second-guessing) when they need something specific (whatever your niche is)
The best thing about building a brand is that you don't need as much traffic as you think you need. Why is this? Well if you build a brand, you will have customers that trust you, and with trust comes repeat purchases from the same customer, instead of new ones coming and going.
Look at Apple for example. Every year, they have millions of repeat customers who upgrade their phone. Why is this? Well because they have developed their brand in a way where if they need a new phone, they come to Apple. They trust Apple and because of this, they are able to charge so much for their products and come back every year. IF someone needs a new phone they instantly think of Apple.
Save your a$$ by over-delivering, being different, being the best and building an email list so you can get in touch with your customers individually. Have a free product in your front end and take your customer through a sales funnel. If you sell books or products on Amazon, this can be your front end, get their email and then you have products to sell them via email marketing on your own website.
Build your business, social media platforms, make a website.
Think further, think bigger.
Just thought I'd make a quick post on this, because if you want to succeed you have to think this way now... For long term growth anyway.
The most consistent and heavy money is made in brands and agencies. Build one.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
