[PART 1] Your Millionaire Ecommerce Business Master Plan

Your Millionaire Ecommerce Business Master Plan – The Fastest Practical Guide To Start a Profitable Online Business That The Millionaires Are Hiding From You.

PART 1 - The Millionaire Master Plan [You are here]

PART 2 – False eCommerce Expectations You Need To Be Aware Of ( and that may cause you loose money ) [ PUBLISHED ]

PART 3 - The most helpful eCommerce tools you will need to automate your business [ PUBLISHED ]

The common thing in most of the people who come to us and want to build a profitable online business is that they fit into a certain number of categories. And probably right now you might relate to this.

The first category of people is the one who works their day job from 9 to 5, and they are just stuck there. Which equals to no freedom, no control of how much income they want to earn, no control of where they are, where they work or where they want to go if they want to take some break off to travel and so on. This is the category where a lot of the people who want to start an online business come from.

The next group of people is the one who is stuck or bored with their daily routine. And that might be stuck in a business they don’t like or stick or bored in a business that is not making enough sales. And probably that’s the situation you might be.

Another category of people is the one that is highly motivated, and they want the success too. Probably they have read some books like “4 Hours Work Week”, or have taken some courses, or they have seen the success happening with others, and they are just asking themselves “But just how do I do it too? How do I actually make it happen?”  and this is what this article is all about.

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‍If you identify with any of these categories and find yourself drawn to the possibilities they offer, then you have come to the right place. You may have witnessed the success of numerous individuals who have built thriving online businesses. In this article, we will present Your Millionaire Ecommerce Business Master Plan, which will guide you in connecting all the necessary elements. By simply leveraging your laptop and learning the necessary steps, you can transform these possibilities into a reality.

But first, all let’s see what is going to change in your life when you start your online business and where this journey is going to bring you.

The first end goal that we strive by following this Millionaire Ecommerce Business Master Plan is FULL FREEDOM.

And by saying “full freedom,” we mean freedom of time and place. Being able to wake up every day at a time you want and choose the place you want to work from – it could be US, Thailand, Europe and so on.

‍You will start doing the things that matter to you.‍

Yes, you will need to build an online business that sells great products – sure. But you might want to go and help some charity campaigns and help to the children in Africa – maybe that’s your thing you want to do.But for this to happen you need some income first, and this Ecommerce Business Master Plan is the fastest track that will lead you there.‍

You will make a difference in your life.

If you truly desire to make a difference and bring about positive changes in your life, taking control of your business is the key. Your online business will serve as the catalyst for achieving these goals. However, it's important to remember that merely talking about your aspirations and sharing them with friends is not enough if you fail to take decisive action. To help you get started, here is the Millionaire Ecommerce Business Master Plan that successful e-commerce businesses are currently utilizing to establish and sustain their operations.

The key to success lies in where you direct your focus in life. What you give your attention to expands, while what you neglect fades away. By directing your focus and intention towards your business and financial endeavors, you can nurture their growth. Even though millionaires have utilized the E-commerce Business Master Plan to manage their financial lives, it is essential for you to take action and remain committed to your own Master Plan in order for your business to thrive. Therefore, be prepared to take notes and be proactive. - Peter Iliev, Founder of CloudCart.

The first thing that you want to pay attention is:

Why are you doing this business and How are you going to do it?

What is your intention behind this business? We already discussed this at the beginning, but let's go a little bit more practical. How specifically are you going to approach it? Are you going to start working after your job, or 1 hour at night before you go to bed? Which is the particular time you will work on your business? Make sure that you have determined this particular time and follow it systematically if you want your business to grow.

Pick a market and Choose a Category

The easiest way that you can do that is when you go to Amazon for different categories and see what are the top bestseller categories. Amazon is one of the best platform to see where e-commerce market moves. Amazon will also shrink you a ton of work, research, and money and it will help you in seconds to choose a good market category.  

You can also choose a category off Amazon and search in the market in your city what are the trends and what sells. Let us show you how to find what is trending and how to choose a category.

First go to Google and type “Amazon best sellers”.

Click on the first result, and you will see the best sellers’ item for varieties of categories.

For the sake of this example we will click on the “Beauty, Health & grocery” Category to check what is trending there.

You can go even deeper and precise into the sub-categories and choose a more targeted niche.The more specific you are – the better. Using this method you now have access to all the bestsellers items in each category. That means that people already are taking out their wallets and buy those stuff. You don’t need to test whether particular category will work or not, this way you will already know what sells and the only thing you need to do is to work on the steps you to make your Millionaire Ecommerce Business Plan reality.

Product Research

Now, this is a crucial step in part two, so be sure to pay close attention as it holds significant importance for your business. The success of your business is greatly influenced by the product you choose to sell. Therefore, it is essential to assess the market demand in your chosen category and conduct a thorough competitive analysis. Since Amazon holds a significant market share in e-commerce, it provides valuable sales data that reflects the overall demand for products.

Take a deep dive into the products and categories you are considering and determine which ones have the most potential for successful sales. Equally important is to identify who else is selling the same product, how they are selling it, and at what price point. Analyzing your competition will prove beneficial when you enter the market and start competing with them.

Amazon offers a useful tool called the "Best Sellers Rank" (BSR), which helps assess how well a product is selling compared to others in its category. You can find the BSR just below the "Product Details" page. Utilize this tool to gain insights into the performance of different products and make informed decisions for your business.

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So by now, it should be really easy for you to choose a market category and product you want to sell. Before we move into the next phase of your master plan, consider those tools when you are in this step 3 [product research]:

• eBay – Here is the best website to find out whether your competitors are selling your product, for how much and what is the volume they have.

Finding the most profitable and bestselling items that will sell for sure is easier than ever! All you need to do is go to a website called https://watchcount.com/. Essentially what this website has is that you can literally in seconds find out what is most popular on Ebay – and you can do this in seconds.

Instead of going to eBay and doing a long, time-consuming research (as almost 80% of the people do) you just type your keywords and WatchCount will should you all the top-best listings on eBay.

Another thing you can do is just to pick a category (on the left side ), and the website will show you a listing of all best selling items in that particular category. And remember  - you will save a ton on time in researching and testing of what works and what people will buy because you already know these things and your job is just to start and sell them BETTER than your competitors. In that way, you can get some potential idea of what to sell in your online business.

• Ali Express – This is a great market place for product research with probably more specific categories than Amazon. Here you not only can do an amazing research, but also it’s a great place to source your product from (as you need this in step 4 from the masterplan).

Just go to the website and pick a category you decided for your niche.

As an example, let's consider the "Home & Garden" category. When you explore this category on Ali Express, you will come across various sub-categories, each of which further delves into more specific niches. This allows you to go into great depth within your chosen niche.

Once you have selected your desired category, go to the "Sort by" menu and choose "Orders." This will display the top-selling products that are already generating revenue. By focusing on these best-selling items, you can gain insights into successful products within your chosen category.

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Select the product you intend to sell, ensuring that it is currently trending and in high demand. This crucial step marks the completion of the more challenging aspect of your master plan. From here onwards, the remaining steps are relatively straightforward.

By now, you should have acquired the knowledge on how to research market demand and find profitable products that generate sales. To further support your research, we are providing you with two additional websites that you can explore and utilize. Apply the same principles you have already learned, and you will excel in your endeavors.

• Alibaba – This website is going to provide you with listing from overseas suppliers. In this phase of your master plan, use this site just to check prices. You will be using it more when it comes to the next step [4. Sourcing].
• Etsy – Here you can also check out your competitors or find new product ideas.

Source or/and Design

Figure our from where are you going to buy your product. How much are you going to pay? How many units are you going to get? What are the labels going to be and what product images are you going to have. Having reliable supplier is a really important element of your business, and it’s a key consideration in the process of product selection. And if you are a dropshipping this is a crucial step for you. Consider those tools when you are in this step:

• Alibaba – This is one of biggest product supplier. If you already know what is the product you are going to sell you can probably find it here much cheaper and source it.
• Aliexpress – Here you can also search for and buy your product for a low price. And yes, you can take a LOT of units for really, really low price. If you can’t find the same product as yours, find some that are almost the same, with the same features and almost the same design. If you still haven’t found your product go to step 3 of the master plan and learn how to find profitable products.

Set up your seller account and get optimized product detail page

Set up your seller account and get optimized product detail page – Set your account with the fastest FREE E-commerce platform on the internet. The platform is mobile responsive, and it's following the top-best SEO standards which mean that your products will be easily found on the Internet. The highly professional team is guiding you one-on-one on life chat to help you make your first sales. The practical resources you will find in the platform will help you to build your business plan. And as we mentioned – it’s FREE.

Set your social platforms and Brand Hub

This important step not only because you will show that you don’t just have a naked brand, but also because you’re going to use the social networks to sell and market your product.

Marketing

After you launch your product the crucial step you want to take is to start to market your product trough Facebook, Google, and Email so you can go ahead and star making some sales. The cheapest way to start selling your best seller is Facebook.

Facebook also allows you to target your auditory better. If your bestseller product is something for babies, probably you would sell it to mommies or married couples. That’s why its really important to know your target well and to choose the right niche product. Facebook will allow you then to specifically target and market your product only for your auditory.

Create Blog Community

You might be questioning the importance of having a blog for your business. The answer is simple: it's not just about making sales, but also about building referrals and maintaining long-term connections with your target audience. By providing valuable and engaging information within your niche, you establish yourself as an authority and encourage people to stay connected with your brand.

Additionally, blogging offers a valuable avenue for generating free traffic to your website. While it may be tempting to solely focus on direct sales, neglecting the other reasons for customers to discover your business can have long-term consequences. Creating informative and relevant articles within your niche not only enhances your SEO score but also drives more traffic to your website. As your blog gains popularity and readers share its content, your traffic will naturally increase. Imagine the potential for increased sales as your reach expands.

Find new products and double your sales

You can take advantage of the knowledge you already have and start selling some more products and double your sales. You can repeat this procedure as much as you want.

Automate your business

There are many Systems, Procedures, and Frameworks that you can do to automate your business and lessen the job you’re doing. There are a bunch of amazing free softwares that are designed to help you grow your business and do the job instead of you. You can use chat bots, conversion funnels, email automation software and hire some content writers to write the articles instead of you. Applying these procedures will allow you to have more free time and do the things that you are passionate about.

[Optional] Sell your business

Once you have achieved financial success and your business is flourishing, you may consider selling and embarking on a new entrepreneurial venture. With the knowledge and experience you have gained in establishing and running a business, you may feel confident to explore new opportunities. This is the essence of the Millionaire Ecommerce Business Master Plan, which successful industry leaders employ to grow their online businesses and boost sales. The key areas to focus on are selecting a high-quality product and category, followed by implementing effective marketing strategies. These two components will largely determine your success, while the remaining aspects of the process are relatively straightforward.

We have witnessed and assisted thousands of individuals who have gone through this journey. We understand firsthand how challenging it can be at times. That is why our team is here—to provide support, save you valuable time and energy, guide you through the necessary steps, and help you establish your business and achieve your first sales. Also, eCommerce is not just about making your first million, it's about scaling as hard as you can. To support your journey in this regard, we are constantly imrpoving our platform. Learn more about it here.

By utilizing the free resources available when you start your e-commerce business, you will save considerable time and effort on research, making it easier for you to achieve those crucial initial sales. Our platform not only offers a rapid e-commerce service but also provides marketing and automation processes designed to accelerate your sales.

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