Summary

• E-commerce (ecom) is a hot area for SEO right now.
• Partner with ecom businesses as actual partners, not just as service providers.
• We started with a beauty product that sold for $8 and earned a low commission of 3%, which is 24 cents per sale.
• Despite the low commission, we sold hundreds of these products each month.
• We then partnered with an experienced expert in physical products to create a premium version priced at $60.
• With established traffic and a proven market, I negotiated to receive 50% of the sales.
• This resulted in earning $30 per sale, which is 125 times more than the original 24 cents.
• The key is to identify products you sell a lot of on Amazon and find partners to make premium versions.
• You can find partners in online communities like E-commerce Fuel, which is very helpful.
• Attending conferences such as Affiliate World is also a great way to connect with people who are already making products and seeking traffic.

Video

How To Take Action

Actionable Steps for Small Businesses, Entrepreneurs, or Personal Growth

Implementing Low-Cost, High-Value Strategies

For Small Businesses

1. Identify Top-Selling Items:

• First, look at what products are already selling well in your store or on a platform like Amazon. Focus on the products that people are buying frequently, even if the profit margins are currently low.

2. Partner with Experts:

• Reach out to experienced individuals or businesses in your product niche. Look for communities like E-commerce Fuel, where you can find potential partners who can help you create a premium version of your best-selling product.

3. Create Premium Versions:

• Work with your new partner to design a higher-quality, more expensive version of your popular product. The new version should offer better features or ingredients that justify the higher price point.

For Entrepreneurs

1. Research Proven Markets:

• If you're new, study existing e-commerce markets to find niches with high traffic but low-value products. Selling many cheap items can indicate a strong market ready for a premium version.

2. Negotiate High Commissions:

• Use your ability to drive traffic as a bargaining chip. When you find a partner to create premium products, negotiate for a higher percentage of the sales, aiming for at least 50%.

3. Build Strong Partnerships:

• Attend conferences like Affiliate World to meet other product creators and form beneficial partnerships. Face-to-face meetings can establish trust quicker than online methods.

Personal Growth

1. Leverage Existing Skills:

• Use the sales and marketing skills you already have to tap into a more profitable market. If you can successfully drive traffic, focus on converting that traffic into high-value sales.

2. Join Relevant Communities:

• Engage with online communities related to e-commerce. These platforms are great for networking and finding partners who complement your abilities.

3. Scale Gradually:

• Start small with low-investment changes. Once you see success with a few premium versions, gradually invest more time and resources into scaling up your offerings.

These steps are designed to be low-cost and easy to implement while offering high potential for increased profits and growth.

Full Transcript

Ecom is a place to be in SEO at the moment partner with Ecom businesses not as their agency service provider but actual Partners there's two ways to go about this story time we were in an affiliate Niche selling a beauty product the product was cheap at $8 and we were making 3% commiss so you can guess how excited I was about these 24 Cent commissions that said we were selling a lot of them hundreds per month so we found a partner with experience with physical products and together decided to make a premium $60 product and because I already had the traffic and a proven Market delivered on a platter I was able to negotiate 50% of the sales so now I'm making $30 each that's 125x as much money the model is simple look at what you're selling a lot of on Amazon and then find someone to make a premium version where do you find these people online communities like e-commerce fuel which is Fabulous by the way and heading to the affiliate World conferences which are chalk full of people making products and looking for traffic