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Does anyone know anything about this new product?
#academy #ecom #experts
  • Profile picture of the author sickbaomei
    Could anyone who has bought, give a review ?
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  • Profile picture of the author pukimama
    Appreciate if anyone who has bought this give a review ?
    Is this about dropshipping through your Shoplify store in which case, is this similar to what dropship lifestyle taught us ?
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    • Profile picture of the author lakatos
      I am interested but I wanna know what are the sources that they teach about product sourcing ? is it the same old Alibaba or methods taught in DSD ?
      I do not want to get into those buy from Amazon and sell higher kinda things.
      Funnie that there are no real reviews so far ..hmm
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      • Profile picture of the author oia2015
        Originally Posted by lakatos View Post

        I am interested but I wanna know what are the sources that they teach about product sourcing ? is it the same old Alibaba or methods taught in DSD ?
        I do not want to get into those buy from Amazon and sell higher kinda things.
        Funnie that there are no real reviews so far ..hmm
        Just bought it an hour ago, for 67 dollars I thought it would be worth a shot. Members area is nicely laid out. if its anything like DSD i'll be requesting a full refund.

        Will update shortly. If anyone wants screenshots of members area let me know!
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      • Profile picture of the author oia2015
        Originally Posted by lakatos View Post

        I am interested but I wanna know what are the sources that they teach about product sourcing ? is it the same old Alibaba or methods taught in DSD ?
        I do not want to get into those buy from Amazon and sell higher kinda things.
        Funnie that there are no real reviews so far ..hmm
        I thought it was brand new?
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      • Profile picture of the author mentat47
        Originally Posted by lakatos View Post

        I am interested but I wanna know what are the sources that they teach about product sourcing ? is it the same old Alibaba or methods taught in DSD ?
        I do not want to get into those buy from Amazon and sell higher kinda things.
        Funnie that there are no real reviews so far ..hmm
        I did DSD for a while, and it worked out pretty well. They have a good program that actually works. The only reason why I got out of it is because of eBay. They changed their seller standards a year ago, and just when I was getting killer Holiday business they changed my seller rating to "below standard" just because I had some items I sold that were out of stock and I had to refund the customer. I mean, should I be docked by eBay because I refunded the customer for an out of stock item? I did my job as a reputable seller, and they decided to penalize me. So, I said, "screw it."
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        • Profile picture of the author OnlineStoreHelp
          I bought it out of curiosity. A ton of hype to the product but I think the price I paid $47 is about right. Priced any higher and I could not recommend it. I have only gotten through the first 4 parts of it but there is a lot missing in it for something that touts itself as the "ultimate" e-commerce course "that Tim Ferriss is promoting"...

          If you want a tutorial on how to really get set up and use Shopify, this program is not it.
          If you want to learn how to test and source products with eBay, its a decent tutorial. Similar to what Ben Adkins teaches. While Ben tends to over talk, these guy don't talk enough in my opinion. Seems like they are in a hurry to get done with the video. Like the cold caller in a hurry to get off the phone with the prospect.

          The FB part is what I haven't gotten to yet and I think where it will earn its $47. There are a few tactics that are interesting they teach as well. 2.5 out of 5 stars (subject to change).
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          • Profile picture of the author kd123
            Incoming wall of text:

            I bought this as well and I have gone through each video, sourced my products, and built my store. Only thing left to do is advertise on FB. I'm going to wait until Monday though for a fresh week.

            I'm a newb when it comes to ecommerce stores but I have made money online for the last 5 years.

            Any time I have ever attempted to sell on FB, I have always lost money save for a couple Teespring campaigns where I broke even...

            This course goes over FB ads in a great way that seems to work in theory, but I won't know until I test it. The Achilles Heel for this whole method is how successful you are at FB marketing. My main problem is a bit of dyslexia. The way he explains the ads is great, but as soon as the giant screen of numbers and ad campaigns goes up on my screen I feel retarded.

            I don't have his exact number in front of me, but for example, he will show an ad where he spent ~$60 to get something like 10 conversions (which mind you are not all sales) for a small ticket item. So when I see that example I would think he LOST money, but then he claims they made something like 40K off of the entire campaign....Like I said, I really need to get a grasp on this before I set myself up for failure because I have no clue how he profited like that.

            As far are sourcing goes, they teach you to find a hot selling product in your niche and use them to essentially drop ship 1 item at a time. The reason they have you do this is so you can test how successful the item is. If it takes off, then they teach you how to buy inventory of that product so you can fulfill orders yourself.

            My guess is that it will take a lot of products, ads, and trial and error before you find a winning product and at that point who knows how many have quit.

            I hope I'm wrong though. I went all in, my page has many products that are selling very well elsewhere so theoretically I just have to get the right offer in front of peoples faces which boils down to my ads.

            I've seen a lot of people complain that nobody would pay higher prices for something they can get cheaper elsewhere. There is a 1yr old Reddit thread about his story and a lot of comments pointed that fact out but his income is verified by Shopify so people are indeed paying the higher prices.

            It reminds me of when I sold my old DSLR camera for $250 bucks. The person I sold it to said he could get it on ebay for $100 cheaper, he still bought mine.

            Now, when I see that one of his students sold over $270,000 in less than a month, or even some making 10's of K's in a couple weeks. I have no freaking idea how they did that. Did they just have the capital to spend on ads, find winning products, and scale the heck out of it?

            P.S. in the course, they leave out a lot of details like pricing, profits, and more. I emailed 3 people before I got an answer of how much is expected to invest. He told me $250 to get started.
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            • Profile picture of the author gruegoo
              I've gone through the first few parts of the course that cover setup and product sourcing. It seems to be decent information, although I do agree with others that it feels like it's missing quite a few steps.

              My main criticism about the course is that it really feels like a rush job. What I mean by that is, I get the sense the author recorded the entire course in an afternoon and wanted to spend as little time as possible on it. There are a lot of times where I just thought to myself, "why not rerecord the video"?

              For example, a few of the videos just end. He's talking, and then the video suddenly ends in the middle of a thought before he really finishes it. I thought it was a bug, but the videos are hosted on a third party site and it clearly marks the video length. It's extremely frustrating because it makes it seem like you're missing information that was cut.

              Other times he will forget what he's trying to say and you get a lot of "ummm uhhhhh...". Why wasn't that edited out? Alternatively, he could have just rerecorded the video (some of them are literally only 2 mins long - not difficult to rerecord). Finally, there are many points where he's just getting instant message notifications (ding sound) throughout the video. Very distracting.

              I think it really hurts his credibility when the course comes across as an unprofessional rush job. But to be clear, I'm referring to the production quality. If such things don't bother you, the information contained in the videos seem to be a good introduction, based on the ones I've watched.

              So to summarize, the information seems good. I don't have a lot of experience in the area so it was new and interesting to me. But the production quality leaves a lot to be desired.
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              • Profile picture of the author kd123
                Originally Posted by gruegoo View Post

                I've gone through the first few parts of the course that cover setup and product sourcing. It seems to be decent information, although I do agree with others that it feels like it's missing quite a few steps.

                My main criticism about the course is that it really feels like a rush job. What I mean by that is, I get the sense the author recorded the entire course in an afternoon and wanted to spend as little time as possible on it. There are a lot of times where I just thought to myself, "why not rerecord the video"?

                For example, a few of the videos just end. He's talking, and then the video suddenly ends in the middle of a thought before he really finishes it. I thought it was a bug, but the videos are hosted on a third party site and it clearly marks the video length. It's extremely frustrating because it makes it seem like you're missing information that was cut.

                Other times he will forget what he's trying to say and you get a lot of "ummm uhhhhh...". Why wasn't that edited out? Alternatively, he could have just rerecorded the video (some of them are literally only 2 mins long - not difficult to rerecord). Finally, there are many points where he's just getting instant message notifications (ding sound) throughout the video. Very distracting.

                I think it really hurts his credibility when the course comes across as an unprofessional rush job. But to be clear, I'm referring to the production quality. If such things don't bother you, the information contained in the videos seem to be a good introduction, based on the ones I've watched.

                So to summarize, the information seems good. I don't have a lot of experience in the area so it was new and interesting to me. But the production quality leaves a lot to be desired.
                Every point you made is spot on and I agree 100%. I think this course has potential but I wont know until I get my ads up.

                Question:
                I saw a video before I bought the course and I swear it was by these guys but I can't find it anymore.

                It showed how to get tons of likes for our new FB pages easily. It showed someone clicking on popular posts with many likes and inviting them to like their own store page. I created my Facebook page and I can't seem to replicate this. There is no option to invite when I view the popular posts/likes.

                Anyone know?
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            • Profile picture of the author Importexport
              Originally Posted by kd123 View Post

              Incoming wall of text:
              Now, when I see that one of his students sold over $270,000 in less than a month, or even some making 10's of K's in a couple weeks. I have no freaking idea how they did that. Did they just have the capital to spend on ads, find winning products, and scale the heck out of it?

              P.S. in the course, they leave out a lot of details like pricing, profits, and more. I emailed 3 people before I got an answer of how much is expected to invest. He told me $250 to get started.
              I note that the earnings claims as usual are for gross sales, not profit. What profit margin do they make?

              Can they match the margins achieved by people who are buying small amounts of inventory overseas? Users of my book who claim margins ranging from 300% to 1250% have posted on Warrior Forum about their successes.

              If you have $250 to get started you can do what many of my book users have done and that is to import a small amount of inventory from overseas at high profit margins. Here is an email from one of them: "Ok. From extremely skeptical to successful completion. Credit given where credit is due. I followed the book instructions you laid out. Took my time to double check everything and was able to successfully import an order from China. Not only that but it was also a “sample order” for less than 300.00. A 300% mark up has allowed to get initial investment back and I have 70% of my inventory left. Stop promoting your book. Your encouraging competition for me Many thanks." Email on file for FTC inspection if required.


              "If you think education is expensive - consider the cost of ignorance."
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              Use emotions and perceptions to build a great brand. Ask me about my book LabelsThatExploit. For safe sourcing and easy importing from 41 countries globally, see https://provenglobalsourcing.com
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  • Profile picture of the author oia2015
    Just finished Module 2. Can't report back anything major yet. it is lacking in information on how to use the themes efficiently. Very brief 4-5 minute videos on how to get your shop online. But many questions unanswered. I don't want to say anything negative yet, as I still have 80% left of the course to do. But the fact that I can't see this information in the module descriptions is somewhat worrying.
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  • Profile picture of the author BusinessAce
    Bought the course yesterday.

    Can't give a full review, but here's what I can say -

    Within the 'Sourcing Products' section under 'Dropshipping', they show an example of looking at a golf product - a 7x range finder.

    They go over sourcing it - from Amazon and Ebay among others. They find it averages around $17, and end up suggesting purchasing via Ebay.

    Then they say they would price it at aroiund $32, twice the purchase price.

    In other words, the model - at least in that section - is to find a product that anyone can buy via Amazon or Ebay, order it, and then try to sell it for twice the price.

    At least as far as what I've seen goes, that's completely unrealistic to expect to make money or build a business like that.
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    • Profile picture of the author sickbaomei
      Thanks for the great review..
      So they are still teaching how you could source from Ebay ?

      Originally Posted by BusinessAce View Post

      Bought the course yesterday.

      Can't give a full review, but here's what I can say -

      Within the 'Sourcing Products' section under 'Dropshipping', they show an example of looking at a golf product - a 7x range finder.

      They go over sourcing it - from Amazon and Ebay among others. They find it averages around $17, and end up suggesting purchasing via Ebay.

      Then they say they would price it at aroiund $32, twice the purchase price.

      In other words, the model - at least in that section - is to find a product that anyone can buy via Amazon or Ebay, order it, and then try to sell it for twice the price.

      At least as far as what I've seen goes, that's completely unrealistic to expect to make money or build a business like that.
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  • Profile picture of the author affirmwealth
    I've already been dropshipping successfully on eBay for the past 18 months, so I know that business model works.

    This course is different (I purchased it two days ago) because it teaches you how to have your own site and how to select targeted products that you can advertise to a very specific market using Facebook ads.

    I have always wanted to have my own ecommerce site, because I know that both eBay and Amazon can shut you down at any time. Another benefit of having your own ecommerce site is that you can pretty much sell whatever you want, and you don't have to wait to get approved in certain categories, like on Amazon. I like having more control over my own destiny.

    I know the system taught in eCom Experts Academy works, however I have to agree that there are some important points that have been left out. I have watched about half of the videos so far. Sometimes, they don't mention an important point until one of the later videos, so I really can't judge it fully until I've watched ALL of the videos. For instance, it was in a later video that it was mentioned that you can start off with only one product.

    But from what I have seen so far, I was able to get my Shopify site set up with no problem. What I'm concerned about, is that there are a lot of hidden costs.

    With my current dropshipping on eBay model, I know exactly how much everything is going to cost. I know that PayPal fees are 3%, eBay fees are 10%, tax will vary, but averages about 5%. So I know how to price my items because I know up front what my fees are.

    But with this, the challenge that I'm running in to is that there are monthly Shopify fees, then there are fees to use the various apps that are taught in the course so that your site can have certain functionalities, then there are two ways that are recommended for customers to pay you, but one of those ways is through Shopify. Shopify, like PayPal, charges a transaction fee but they also (it appears) to hold your funds.

    This is concerning because I wanted to start off with a dropshipping model, but if my customer pays me through Shopify, now I have to come up with my own funds to pay for the items out of pocket. So far, this does not appear to be mentioned anywhere in the course.

    That's quite similar to Amazon dropshipping, as Amazon also holds your funds, but that makes me think that the best way to set this up in the beginning is to only offer PayPal as a payment option so that you have funds available with which to purchase your items.

    Another thing is that if you start off with a dropshipping model, most vendors that you may want to use will be shipping from overseas. This takes a long time, and I'm concerned that my customers may not want to wait that long. I guess I'm biased because the customers I deal with now are nagging me about their order sometimes immediately after they place it, but usually within a week or so.

    So fees are the monthly Shopify fees, fees for Shopify apps, transaction fees, then the Facebook ad fees. But because I'm not exactly sure how much all of these fees are, it makes it difficult for me to calculate how much to price my items for.

    A few other things that I would like to see added to the course is more detail on the two bonus methods. The "Easy In" method is explained clearly in the bonus, but when the first instructor (there are two instructors) mentions the same method in the training, he says something different from the second instructor. Don't want to give too much detail, but I think that both instructors should be on the same page.

    Second issue is the second bonus teaches about the T-shirt biz...love that idea, and would love to implement. But it's taught under the assumption that you have prior experience selling T-shirts, which I do not. So for instance, I don't know what I need to do to get started exactly. I'm hoping that one of the course creators will come across this post and consider my suggestions.

    I'm a solution-oriented person, so I'm going to figure out if it is possible for me to get started with only free Shopify apps. I know that I can control my ad spend on Facebook, but I want to test it out first to see how many sales I'm actually getting. If I'm getting 50 sales a week, then that justifies spending the money.

    The other thing is that in my opinion, it would be better to have your items in hand before you sell them, and just self-fulfill. But I don't want to wait a month to get started, so I may just need to test this out and make it clear on the product page or in the shopping cart that it will take 2-4 weeks for them to receive their order. Then let the customer decide if they want to wait, or not.
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    • Originally Posted by affirmwealth View Post

      I've already been dropshipping successfully on eBay for the past 18 months, so I know that business model works.

      This course is different (I purchased it two days ago) because it teaches you how to have your own site and how to select targeted products that you can advertise to a very specific market using Facebook ads.

      I have always wanted to have my own ecommerce site, because I know that both eBay and Amazon can shut you down at any time. Another benefit of having your own ecommerce site is that you can pretty much sell whatever you want, and you don't have to wait to get approved in certain categories, like on Amazon. I like having more control over my own destiny.

      I know the system taught in eCom Experts Academy works, however I have to agree that there are some important points that have been left out. I have watched about half of the videos so far. Sometimes, they don't mention an important point until one of the later videos, so I really can't judge it fully until I've watched ALL of the videos. For instance, it was in a later video that it was mentioned that you can start off with only one product.

      But from what I have seen so far, I was able to get my Shopify site set up with no problem. What I'm concerned about, is that there are a lot of hidden costs.

      With my current dropshipping on eBay model, I know exactly how much everything is going to cost. I know that PayPal fees are 3%, eBay fees are 10%, tax will vary, but averages about 5%. So I know how to price my items because I know up front what my fees are.

      But with this, the challenge that I'm running in to is that there are monthly Shopify fees, then there are fees to use the various apps that are taught in the course so that your site can have certain functionalities, then there are two ways that are recommended for customers to pay you, but one of those ways is through Shopify. Shopify, like PayPal, charges a transaction fee but they also (it appears) to hold your funds.

      This is concerning because I wanted to start off with a dropshipping model, but if my customer pays me through Shopify, now I have to come up with my own funds to pay for the items out of pocket. So far, this does not appear to be mentioned anywhere in the course.

      That's quite similar to Amazon dropshipping, as Amazon also holds your funds, but that makes me think that the best way to set this up in the beginning is to only offer PayPal as a payment option so that you have funds available with which to purchase your items.

      Another thing is that if you start off with a dropshipping model, most vendors that you may want to use will be shipping from overseas. This takes a long time, and I'm concerned that my customers may not want to wait that long. I guess I'm biased because the customers I deal with now are nagging me about their order sometimes immediately after they place it, but usually within a week or so.

      So fees are the monthly Shopify fees, fees for Shopify apps, transaction fees, then the Facebook ad fees. But because I'm not exactly sure how much all of these fees are, it makes it difficult for me to calculate how much to price my items for.

      A few other things that I would like to see added to the course is more detail on the two bonus methods. The "Easy In" method is explained clearly in the bonus, but when the first instructor (there are two instructors) mentions the same method in the training, he says something different from the second instructor. Don't want to give too much detail, but I think that both instructors should be on the same page.

      Second issue is the second bonus teaches about the T-shirt biz...love that idea, and would love to implement. But it's taught under the assumption that you have prior experience selling T-shirts, which I do not. So for instance, I don't know what I need to do to get started exactly. I'm hoping that one of the course creators will come across this post and consider my suggestions.

      I'm a solution-oriented person, so I'm going to figure out if it is possible for me to get started with only free Shopify apps. I know that I can control my ad spend on Facebook, but I want to test it out first to see how many sales I'm actually getting. If I'm getting 50 sales a week, then that justifies spending the money.

      The other thing is that in my opinion, it would be better to have your items in hand before you sell them, and just self-fulfill. But I don't want to wait a month to get started, so I may just need to test this out and make it clear on the product page or in the shopping cart that it will take 2-4 weeks for them to receive their order. Then let the customer decide if they want to wait, or not.
      Nice review. Balanced and fair. Please let us know how you progress with this.
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      Improvise Adapt Overcome
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  • Profile picture of the author ChristopherCook
    I think now they even have raised the price, going to get it now!

    Thanks for the reviews guys and gals..
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  • Profile picture of the author wakerz
    I am already doing sourcing from Aliexpress and Alibaba and with new fb video ads, it is even easier to sell products like crazy. For starter i would say you can see this course as this covers all the important aspects of sourcing and selling products but if you are already doing it then It wont be very new for you.(If you are not using fb ads then u might get something new.)
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    • Profile picture of the author kd123
      Originally Posted by wakerz View Post

      I am already doing sourcing from Aliexpress and Alibaba and with new fb video ads, it is even easier to sell products like crazy. For starter i would say you can see this course as this covers all the important aspects of sourcing and selling products but if you are already doing it then It wont be very new for you.(If you are not using fb ads then u might get something new.)
      How are you finding videos for the products you are sourcing? Are you creating your own or finding products that already have some? Do you notice a higher conversion rate for the same product when using video ads?
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  • I bought this course...I think it is pretty good but would've liked to see more info on how to price products, business setup/tax issues of running an ecommerce store, and other methods of advertising other than Facebook.
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