Smart business strategies to position yourself for success!

 

 

 

 

 

 

 

 

 

 

 

 

 

Hello guys,

Hope you’re having a great weekend so far.

When it comes to business, there is a myriad of factors that determine whether it’ll become a profitable enterprise or not. You should know that one constant thing in business is competition; and if your business cannot distinguish itself from the competition, you’ll always be at a loss. I am not saying this to scare you; in fact, there is no reason to fear competition. Instead of being scared, you can take advantage of your competition, study them and use the knowledge gained to structure your business better and position yourself for success.

Well… Let’s look at how you can position yourself properly for success and profits!

  1. Grow your niche: Success should always lead to expansion. You should always be thinking about the next big thing. What is your competition missing? What aren’t they doing right? What additional service can you add to the one you currently offer? These are the questions you should ask yourself, never get too complacent; keep growing, keep evolving!
  1. Get familiar with your competition: It may not be easy to do, but the reward is worth it. Study your competition; learn from their successes and failures, keep yourself abreast of the latest trends in your niche. Stay informed!
  1. Understand your customers: Your customers should be your number one priority. Understand their needs and wants, and channel your resources/services towards their satisfaction. Happy customers equal better profits.
  1. Offer unique products: Are your products/services mundane and ordinary? Do sell with unique selling points? Ensure you stand out of the crowd by having a touch of uniqueness attached to your brand.
  1. Offer exceptional customer service: Customer service is often what determines if you will get return buyers. You should offer your clients exceptional customer service. Tend to their needs and requirements, show them you’re not just out to sell a product, but you also care about their success. Time magazine once put it plainly that the #1 marketing strategy for companies in the year 2000 and beyond will be customer service.

Start now! Imbibe these ethics into your business structure and see as you grow and start churning in more customers and profits more than ever before! We talked a lot about competition here, if you want a more insightful breakdown on understanding your competition and how to use the knowledge gained from them to build your e-commerce business check out our video course here 

http://sellslikehotcakes.co/videos.php

It is filled with secret tricks, hacks, and tools that’ll help you do business like a PRO!

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P.S. Upgrade to VIP Club and Unlock All The Videos and Tools. Instant Access and $1 Easy Trial

Last Wall Comments

 
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 Mike says at 23:22 et
Just make sure you don't stuck in "research" stage for too long. When I started I kept researching far too long and missed a hot summer sale season for my summer products. There is never ideal product with no competition and perfect conditions. Just TAKE ACTION and START SELLING!
 
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 Roman says at 21:15 et
Can I put my URL on my product package?
 
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Claudia says at 21:15 et
Yes you can + inside your insert card too. You cant put links only in communication to the amazon customers via amazon email system.
 
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 Elena76 says at 21:22 et
UPC? what's that code? better to buy from original or from resellers?
 
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 Uncle Sam says at 21:23 et
UPS is Universal Product Code A barcode used for tracking trade items in stores. It usually has 12 numerical digits, which are uniquely assigned to each traded item (GS1 US). You can buy it on speedybarcodes and other sites.
 
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 Mother Wit says at 21:40 et
What fullfilment services you use?
 
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 Rob says at 21:40 et
Try Shipwire to ship to US customers and across Canada, shipwizmo.com, maybe even Fulfilled by Amazon? Also ZhenHub they have fulfillment centers around the world - China, USA, UK, Germany, Australia.
 
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 Gab says at 22:23 et
Amazoners... with new UPC rules, is it better to print the FNSKU directly onto the product instead of a UPC?
 
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 Alice says at 22:23 et
yes i did it and it worked fine
 
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 Victor says at 15:03 et
My problem is I am selling too fast and often run out of stock... Should i rise prices to slow down or let it run out of stock?
 
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 chris says at 15:03 et
Dont rise prices it will lower your BSR and ranks... Run out of stock swinging and refill fast!
 
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 Alice says at 15:04 et
forecast.ly and cashcow pro will help you manage inventory and plan better! hope it helps!
 
Blaine says at 00:30 et
Hello I'm new and just trying to feel my way around
 
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 jack says at 00:31 et
Welcome Blaine, you will love it here, we are crushing it!!! Videos are here http://sellslikehotcakes.co/videos.php they work fine for me, try Chrome or firefox.
 
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 Optimus says at 02:33 et
love the course pals!! my question is what are tthe best Autoreponsder services to use to build the list and followups? sry for my question
 
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 Mike says at 02:34 et
Try Aweber.com , convertkit.com , getresponse, mailchimp or icontact. I used almost all of them, pretty easy, drag and drop email creation... Make sure to watch our video about Email Mastery as well ;)
 
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Ricardo says at 06:20 et
Just started on this new course, with lots expectations hope for good results!
 
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 Mike says at 06:20 et
Lets rock Ricardo!
 
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 Gautam says at 02:00 et
I used the Amazon best seller finder for a keyword. All the results sound encouraging. But I am confused with one of the messages, "Reviews: top 10 sellers have average 3757 reviews (At least 2 of 10 have 50 reviews or less. Recommended <150 reviews average)"
Does this indicate it's worthwhile? It says 3757, and recommended is less than 150. I am unable to interpret as the other results are great. Please help(and explain what they mean)!
 
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 jo says at 02:03 et
It means they have many reviews probably so it's a very popular niche most likely. If the all other numbers sound good i would not be concerned. I think you mentioned you sell oils? so maybe instead of general oils try more specific like "facial oils" or "massage oils" or "lavanda oils" so it's more nichey
 
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 Gautam says at 06:16 et
That's great.If the reviews are too less and the other numbers are right what's the course of action? Just curious.

Thank you for your suggestion on making the niche specific- very helpful!

Cheers.
 
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 Amelia says at 06:19 et
Dont worry about reviews so much, it's becoming less important after last year Amazon's review policy update.
 
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 Mike says at 11:35 et
Hi guys!

Great news, as you know I've been super active and super excited about the course, and today I'm glad to announce that I have added not 1, not 2 but 3 new great videos for you!

1. Exit Strategies: How to sell your business and buy other thriving businesses
This is a video showing why and how you can buy and sell the ecommerce businesses (small or big)

2. Fullproof tips how to avoid paying huge long term storage fees on Amazon FBA
THis is great to show you how to avoid pitfalls with storage fees and get rid of slow selling product!

3. Using Crowdsourcing Campaign to boost your sales and jump start your product (Case study)
I dont always win and this is a fun video showing how i failed in crowdsourcing on kickstarter but still made $10k along the way and what you can learn from my mistakes! I hope my story will give you great ideas on how to boost your sales with crowdfunding!

By the way if you enjoy our course, please let me know, I really appreciate your reviews and your comments and questions!

You joined the course on the insane low price for first early-bird 500 betatesters (you know similar courses usually charge $150-190 or more for way less content) so your early feedback is really important to me!

If you have any questions, let me know!

Mike
Sells like hot cakes guy!
 
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 Aria says at 11:37 et
thank you mike and SLHK team ... really great quality of video and I'm glad i joined early with such a silly price. I paid $10,000 for @Amazing@ Course 3 years ago and got way less info!
 
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 Vin says at 11:40 et
thx for update, appreciated the efforts and the community has been very helpful to me!
 
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 Mila says at 15:54 et
love the tools and community! my second product is reaching $300 per day now! it WOKRS!!!!
 
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wade says at 04:27 et
Hello - Brand new here - Just wondering how long it took you to reach this point ? Also congratulations on the progress... :)
 
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Sallyann says at 06:42 et
hi after taking the steps to show you my store I realised that i did it in hast and have closed it, by the way thanks for all the comments they were super useful!
I am going for my original niche and I have several ideas for others once im up and running. I am very impressed by the help you get here, from the keyword, title generator, the filler and bullet point generator and everything else, all great in helping newbies like myself.
i would like to ask that once i have my shop up and running and looking great would it be an option to do a full launch campaign with one of the email companies to send out emails to your target audience? I have seen ones advertised and I am realistic about the feedback and actual conversions but i don't have an email list yet and this seems to be a great option. let me know

thanks
 
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 Alice says at 06:43 et
thank you and that's a good plan. what companies do you mean specifically?
 
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Jimmy says at 03:39 et
Hi, is that a must to set up a credit card payment gateway. Can I just use paypal payment gateway only?
 
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 Mike says at 03:39 et
Yes you can use just Paypal but it's always better to give more payment options.
 
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Jimmy says at 06:37 et
I try to apply for 2checkout for my country, but without 90 days worth of sales history, they cannot move forward in the review process.
I may find Upwork to help for the sales history.
 
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PAT says at 05:30 et
Ok I am Very new to Facebook advertising I have a couple of boosted posts getting some reactions and page likes but still very small. I signed of for many chat and it looks interesting. I seem to be missing a step. How do I get my FB followers to optin to Many Chat?
 
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 Lucy says at 05:32 et
You can experiment with different ways... They offer Json script and several widgets that you can place to your site.
Growing community takes a lot of patience, so keep going and growing it but dont expect fast results.
 
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 lou says at 05:33 et
To grow faster best tip is to share top shared content from other pages. Save post or video from other pages (similar topic) and repost them on your page and mini-boost. Also research top liked and top shared contnet in your niche and repost it.
 
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Rodel says at 06:46 et
Could I use Alidropship plugin instead of shopify?
 
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 rick says at 06:46 et
of course you can