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OverByte

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It's impressive you have 20k subs on your list. Is there a particular offer or strategy you are using to build the list or are these just people trickling in after viewing your ads?
 

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Jeannen

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It's impressive you have 20k subs on your list. Is there a particular offer or strategy you are using to build the list or are these just people trickling in after viewing your ads?
Yes, I use a special offer to catch their interest
 

Jeannen

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Any updates? Looking forward to hearing how you're doing with this now.
Made more than $200k SALES, but profit has gone to shit. I'm not working a lot on it, to be honest, I've become a lazy potato, and I spend most of my time doing stupid stuff like playing video games, I have 0 motivation haha

Pretty sure I could have done much more if I worked on it tho
 

Jeannen

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06/04/2021

I haven't made an update for a long time. The store is still running, still making sales everyday ($400-500) and still getting people on the email list.

I've been busy with lots of shit and haven't paid much attention, but luckily I had an assistant running it for me.

Long story short, I fired him because I wasn't happy with his work (customer service + logistic management) and hired a new one who is amazing.
I want to train her for a Store Manager position, where she'll be able to grow the store by herself. That will allows me to work ON the business and not IN the business.

I've made over 30+ documents detailing every task in the store.

For now, I have more than 40k subs on my list, and I REALLY need to start using it properly. I paid an agency $3k/month, which basically destroyed all the profit I made last year. They were sending spammy emails, their automated flows performed WORST than mine, but that's my fault, I was lazy and didn't control anything.

I won't do the same mistake again. No agency, this time I'll train one of my assistants to do it.

Main focus right now:
  • Delegate as many tasks as possible
  • Improving the customers service (already done with my assistant)
  • Working on the "community" part (sharing user-generated content on social media, etc...)
  • Adding new products
Lots of work, but the better it is, the more I could sell the store for later. I'm trying to build a great investment for someone looking to make passive / half-passive income, but for now, this means increasing customer loyalty.


P.S. Wow, this thread is almost one year old !
 

Jeannen

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30/04/2021

I moved to Bali this month, with jetlag, client work and stuff, I didn't had the time to post.

I had too much clients so I had to let one go last week, which will free me time. It was a very busy and stressful month tbh, between moving to a new location I know nothing about, managing the shitstorm of work i had with my client and everything, I'm glad it's now almost behind me. My time basically didn't belong to me anymore.

On the positive side, with all my agency work I'll make around 10 000€ of revenue (100% profit) this month I think, maybe a bit more with everything I did. I might hire a 3rd assistant to help me on the store.

I'm making processes for EVERYTHING. Whenever my VA has a question that isn't in the process --> I update the process. I want my VA to do something for me --> I update the process. I have hundreds of pages on how to run the store. The best is that it's duplicate-able. Once everything will be stable, I'll open new stores following this same process.

If I want to reach $5k of profit per month, I need to sell 28 products per day with a $6 margin. That's do-able.

I also created a complaint Blackbook to group all the suggestions & complaints from customers to improve the store.

I trained my VA to write content and asked to make a newsletter, and bam, $1000 of sales for "free".

For this store, the 2 money-making actions are:
  • Sending emails newsletters
  • Testing new products and making ads
Those are the 2 things I need to focus on to make profit with this store. The newsletter process is almost finished, and I paid a copywriting course for my VA, so she'll be able to write killer emails.

For the new products, still working on it, but I don't have enough time to do everything.


This post is a bit unorganized but I don't have lots of time, I just wanted to post an update.

In my new place, I have people doing all chores (cleaning...) for me, so I waste 0 time on that shit, it's an amazing time-
 

Jeannen

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Bali? Effin cool!

Happy for ya!
Hehe, thanks !

I wrote that on my vision plan approx 1 year ago (same time as starting this post). Vision is really important. I picture myself being here almost everyday back then. Of course, it's my work that managed to "send" me here, but without the vision, I'll likely not be where I am today (even if it's not really that much to be honest)
 

Jeannen

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03/05/2021

I added a new product to the website and sent a newsletter to my list, and I woke up this morning with this. I'll try ads for this product soon to see how it goes.

1620004203079.png

I need to go fast, so rn I'm trying to source the product through my agent, and when it's done I'll ask him to ship samples to my VA. I might buy her a good phone with the profit I made so she can take HD pics of the product and make new creatives for it.

Side note: I already ordered the product in the past and it was good quality, I wouldn't have sent an email to my list otherwise.
 

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