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PotatoMuffin's Journey to $10,000/month in Sales by Dec 2017

Discussion in 'My Journey Discussions' started by PotatoMuffin, May 29, 2017.

  1. PotatoMuffin

    PotatoMuffin Newbie

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    Hey all,
    So I welcome you here today, to this expansive journey that will progress to much much more in the future. My ultimate goal is to create a massive retail chain to monopolize this niche and sell it for around $15,000,000 so I am left with atleast $10,000,000 after taxes and can retire.

    The ecommerce take over is just phase one of the plan. So I plan on doing both retail and wholesale through the website. I will start by selling popular branded products from legit wholesalers, always have the lowest prices, and then start pushing cheap chinese products on people, leveraging the trust from the big brands.

    I currently distribute products in this niche to many shops and have an ecommerce site that that has been running for a few years with moderate success. . .

    However this the tipping point where things change from moderate to exponential. Black Hat World will be the catalyst that fuels my empire and hopefully blesses me with the ability to retire in my 20's, it not 20's early 30's.


    My Current Assets
    • My years of web development experience
    • My connections in this industry
    • My knowledge of this industry
    • BHW's extensive body of knowledge
    The Companies Assets
    • Website Alexa ranking 10,000,000(Not much, will be going down)
    • 10,000 Instagram followers
    • 1,200 YouTube Subscribers
    • 16,000 Twitter Followers
    • Registered as a C Corp


    Hopefully will have an update later in the day, have a lot planned. Going to be doing a lot of on page optimization and looking at hiring some virtual assistants on upwork.



    I'm looking forward to sharing this journey with everyone, i've been reading on this forum for a while. I will DEFINITELY need as much input as I can get, you guys will be the secret sauce to my success and to many others success who read this thread.

    Thank you!
     
  2. Jobdollarr

    Jobdollarr Supreme Member

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    After you talk like that.
    How will you start to make money?
     
  3. PotatoMuffin

    PotatoMuffin Newbie

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    I will pay my self wages from past sales and current sales that come in.
     
  4. bmwwebdesign

    bmwwebdesign Regular Member

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    how do you plan to promote the store?
     
  5. PotatoMuffin

    PotatoMuffin Newbie

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    How I plan on promoting the shop?
    • SEO
      • Selling products from popular brands that get good search traffic with low competition
      • Producing articles that target effective keywords
      • Backlinking articles and product pages (I definitely need help with this, if anyone has any good articles to read or good services to purchase)
    • Advertising
      • Adwords and facebook ads don't allow my products to be advertised so have to use other advertising channels, reddit and other private sites.
      • Will create a solid splash page capturing emails to enter for a giveaway or something, whatever converts best after testing
    • Forum Marketing
      • Will do a few quality weekly posts/threads on forums and paying someone on fiverr to post a bunch of generic filler posts, and about every 50 posts or so will do some natural looking product reviews/promotion
    • Reddit
      • Will pay someone on fiverr to post videos and articles with aged accounts and buy upvotes
    • Influencers/Promoters (Instagram, blogs, YouTube)
      • Will get influencers to promote our products
      • Will get them to sign up for our affilliate program and post their coupon
    • Instagram
      • Follow/Unfollow - Like - Comment
      • Not sure how I will do it, was going to go with mass planner
    • Email Newsletter
      • Doing 2 email newsletters a month to our 1,800 and growing list
     
  6. PotatoMuffin

    PotatoMuffin Newbie

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    Been a good few days. Got a few hundred dollars in sales. Just hired a virtual assistant which is a great relief. Some weeks and stretches of time I am able to stay on top of social media posting, but then other weeks things come up and it completely slips my mind. It seems like such a simple thing yet very important. It is a huge relief knowing someone is going to be taking care of that for me.

    The tasks I have assigned my virtual assistant so far are. . .
    • Social media posts
    • Customer service
    • Finding influencers, liking/commenting on their posts, and contacting them
    • Forum marketing, spending time on a few forums searching for people that are asking questions about our products, providing them with answers, leaving replies on 10 posts per week in each forum and posting our videos and other content readers might enjoy.
    • Entering data for weekly and monthly reports on sales and traffic
    • Bookkeeping
    Advertising
    I'm going to be advertising with reddit to start off. I have read on here that it is really tough to get people to buy from reddit ads. . . Sooo we will be doing a monthly giveaway that requires them to enter their email. Going to try test out 4 different versions of the ads to see what gets the best results, and will be sending them to a few splash pages that I will do multivariable testing on. So I figure if I can get reddit ads to get a good return, then those ads will do amazing on niche sites.

    Also have a writer that I am going to use to create some content (product descriptions and blog posts) to start off. Will be posting an ad on upwork soon to get a few more writers.
     
  7. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

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    It will be interesting to see how building a list from reddit works out using a monthly giveaway.