The first way is making money on shopify that’s. Affiliate marketing with shopify. Now, here’s, the thing we’re, going to go over all the different ways you can make money, because there’s, a lot of creative ways that will actually mitigate your risk and even can actually make you money To then go ahead and even go to towards like the e-commerce in more riskier ways, but one way that i was actually able to make an extra 100 a day back.
I think in like 2016 or something was when a lot of people were asking me about what platform was i using for e-commerce, and, even though you know you can make good money in e-commerce by just physically selling products.
One way that you could actually do is just making simple tutorials like if you look at all these tutorials and you just teach people how to create their own store and whatnot, and you just apply here, you can literally get a good amount of income just recommending This product that people are already going to buy the coolest thing about that is you don’t have to do any customer service.
You don’t have to build the software you don’t have to handle the returns. Like what happened when i was making money on shopify had so much different returns. This is just one way to maybe even get that upfront seed capital to go ahead and get started.
It’s, just a very easy, simple form of affiliate marketing. Where you like, i said, just, do a simple tutorial and then, when they’re like okay, well, i need the link to actually start it. You go ahead and apply here.
You could earn average 58 for each user who signs up with a paid plan. Now, if you really think about it, you just need two people to go ahead and sign up for a shopify account and then turn into the pay plan.
Every single day. That’s, an extra hundred dollars a day. Now. Imagine if you just made a simple video, just teaching people how to actually create your store. You don’t have to be an expert you don’t have to have any experience.
You just have to maybe know a little bit more than the next person make a simple tutorial. Put your affiliate link in there make 58 dollars per sale, so that’s. The first way. The second way is drop shipping on aliexpress.
Now this is what a lot of people first get started in um it’s. Just like simple business 101. You buy low, you sell high, so what i did is, i ended up buying. You know grill, gloves and whatnot, and i did a more advanced way where i was like having it store on amazon right, but for some people, especially when getting started just to test to see if this product can sell or not.
Because you don’t want to just buy ten thousand dollars worth of a product that you won’t won’t actually sell right, so you could actually run and put these um. You could maybe buy one or two products send it over to your place.
You could even ask for a free sample. They’re gonna go ahead and send it to you most of the time, and you can just take your own pictures. Create your own shopify store with that, and then you can go ahead and sell it now before you actually go and sell it on your own shopify site with either instagram influencers or facebook ads or whatnot.
You just want to see if people are actually going to buy in the beginning. So a lot of people do like, for example, gymshark. Is they start off with drop shipping they go and see? You know maybe buy one or two of their products.
They sell it on their store, instagram or facebook ads, and if a couple sell that’s when they know they’re gonna buy more in bulk. So, even if you know it takes like three to four weeks of shipping, they sometimes bite the cost and even like return, the money to their customer, but they the most important thing is they know someone is willing to buy this.
The worst thing that you could ever do, especially in e-commerce, is buy ten thousand dollars worth of a widget, and no one buys it that’s. What happened to me with dog leashes, okay. I literally bought like 2 000 to 4 000 worth of dog leashes.
No one ended up buying it. It was the worst thing ever because i didn’t mitigate my risk. I was like, oh, like all these people are getting rich on shopify. I need to go, buy all these products in bulk and then try selling it on amazon right it’s, ridiculous.
What you can do is buy one or two of these send it to your place. Take professional pictures of it create a shopify store and then go ahead and try selling it. If you cannot sell 10 of these products drop shipping, you have no business buying a thousand of these products.
Next up is also doing it on ebay. Now this is a little bit better, because i i found u.s suppliers that could actually um ship it even faster right. So the problem with china is man. It takes like three to four weeks.
Your customers hate you. They literally will threaten to kill you in your email, autoresponder. Your customer service is just going to be filled right so to circumnavigate that i found suppliers on ebay and started selling their products so that exact same thing you know i took products that i saw and i bought like one product.
I took nicer pictures. I put it on my own shopify website, i sold it via instagram or facebook and then, when i started getting more sales, i then thought about buying it more in bulk, but here’s, the interesting that happens with ebay.
These are all in like a lot of these are in the us. So what happened is i remember i was like selling uh grill gloves in here and, like this person reached out to me on ebay, like on my ebay messaging, they’re like dude.
You’re buying 20 to 50, like grill gloves every single day. Why do you need to buy so much? I’m like oh, you know i’m, actually like a reseller when it comes to this. I run facebook ads like oh well, do you want to meet up? We have all these other products that you could sell as well, and i kid you not guys like we ended up getting on a conversation and it turned out that this person’s.
Warehouse was literally down the street from my small suburbs in chicago, like how insane is that that i was literally selling these products, and this guy literally had a warehouse just down the street.
So what i did is we ended up meeting up for like some fish and chips, and he told me yeah mike, i literally buy all these products from china at bulk, meaning he could really get me really. Cheap prices like i would in china, but since he’s, spending like 10 to 20 to 50 000 per package.
He’s. Getting these prices very very cheap, like i maybe only had to like, sell like maybe like it was a dollar or two more expensive than uh. What i would get in aliexpress, but the coolest thing is, i didn’t have to end up buying it in bulk.
I was like whoa, so you could tell me that i could literally sell this on shopify and i’ll. Just give you the csv of all the orders that came in today and you literally ship it out. For me. He’s like yes and you’ll hand.
All the returns for me – and i’m like yes and all i have to do – is pay for the products every 14 days right and he’s like yes, and that became very beautiful because, instead of us, you know buying these One off at a time i literally automated and streamlined my entire e-commerce process, and i outsource my entire fulfillment and product creation and investing in the products to somebody else to take the risk.
I remember like i was this close to buying ten thousand dollars or five 5 000 worth of like real gloves and grill mats right, and i was this close of actually taking that money and investing in the product.
But luckily, right before i was about to do that and and have like this huge risk on me right, which most people cannot stomach if they, if they can’t push or sell the product. This person reached out to me he was like hey man.
I have this warehouse, you want to sell any of these other products and guess what there was so many products that he ended up already. Having that, i could just go ahead and drop ship now that’s, the beautiful thing about drop shipping is, you guys got to understand it’s.
You’re like you’re. Essentially, at that point, an affiliate marketer somebody has the product, someone’s, worried about the fulfillment. Someone is taking their money out of their own pocket and buying it at bulk that you don’t have to, and all you have to do is just do a little bit of marketing now.
The fourth way is becoming a freelancer on upwork. Now this is more so of a job, but, like i said you know you, you got to work remotely, which is also a good thing and it’s more stable. You’re, not too much in the entrepreneurship risk side, where sometimes income is up down up down and it’s like a love-hate relationship like an abusive relationship with someone that loves you and and feeds you, but then also starves.
You and hates you right and that’s. Actually the love-hate relationship that i had when i was like selling on shopify, but you could make a service about it and then turn it into an agency. Did you know i was reading this blog article? The other day and that’s, most people that hit 10 million dollars a year.
Those businesses they’re, not actually like product-based businesses right because a lot of those fail, the ones i do are the ones that create services. So they either help with their marketing they help with their advertising.
They help with their images they help with their photography. They help with their videography, and then they streamline the production by hiring other freelancers underneath them that’s. Essentially, what a lot of people are doing here right, certified shopify expert, a hundred and thirty dollars an hour, shopify expert from india twenty dollars an hour.
This one is twenty five dollars an hour, ten dollars an hour, uh fifteen dollars an hour, forty thousand dollars or earned people are doing it in india. You could do this anywhere and everywhere. You just need to be able to.
You know, have your unique selling proposition. My friend’s. Unique selling proposition was like he was like hey, you know what there’s. All these people doing very, very well on e-commerce. What if i just do their email marketing for them? That way, i could charge them a set fee every single month, as well as a percentage of the profits now think about how much that took away from your risk number one you don’t have to actually build the business yourself number two.
It’s, not your money that you’re spending on advertising or marketing or promotions number three you don’t have to deal with the hassles of everything, but the best thing is you get paid reliably every single month Because you’re charging them say two thousand dollars a month for your service, plus you’re, sending simple emails to their list of customers that have already bought from them, meaning they’re more likely to buy.
This is why my friend makes really good money on the side, because he’s, just sending simple emails man and he’s, getting a percentage of the upside, because that company would not make the money had.
They have not sent the email, so it’s, a win-win-win situation. It’s, unrealized profits that the companies aren’t seeing you’re coming in getting paid reliably. So you have the comfort of like a nine-to-five job where you’re, not actually trading eight hours of your day, but you also have percentage of the upside.
So it’s almost like you’re, an entrepreneur too. So you’re, not just stuck in this confinement of like oh, i get paid this month every month, every month, every month, and then you literally get a bite out of the upside.
Now. The last thing that i recommend the most and that’s, high ticket affiliate marketing and that’s with email marketing and with webinars. Now most people they’re like oh, i, don’t, have a high ticket product.
I don’t know how to do a webinar that’s perfectly fine, because there’s already products that do really well there’s, just one guy. His name is anik singal. You should definitely check out his book, like i learned a lot about like email marking from him and what he did was he promoted this product right here, i think a year or two ago and he ended up making, i think two million dollars in profit without Actually having to make the product without have to service product without have to do any of the customer service, he just brought them to this webinar that uh these professionals that already have big e-commerce businesses and that are the educators about it.
They would sell it for 3 400 bucks right. The commissions, though, is 50 percent, meaning for every single sale he gets by sending them to their webinar. He would get 50 of that. I think they did 4 million dollars in sales in like in like 20 days or something just with his email list, and he didn’t even do the webinar.
He just sent the emails to the webinar and, like i said this is kind of like the sales page. Here you could see they they’ve, given like 1750 dollars per commission and it’s like in a launch. You see all their student success stories, so you don’t have to be the the professional right because they already have the success stories.
They already have. The very happy customers and students, and all you’re coming in, is just recommending that product, because you know it works based off of all of their students. Successes. Look at this 2015.
They paid out 2 million 216. They paid out 4 million 2020. They paid out 8 million in commissions to affiliate marketers, and this is like the highest of levels compared to the first thing that we were talking about here.
You got 58 dollars per sale and you would need um two tails a day and then that’s 36. So two sales a day is 100 bucks, so that’s 60 sales a month to make three grand here. You get two sales to make three grand, which one do you think is easier to get 60 sales for three grand or two sales for three grand and, like i said you, you don’t.