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You asked, I answered! In today’s episode, we’re covering some of YOUR most frequently asked questions about running your eCommerce business. Plus, I’ll share some other episodes you can check out to dig even deeper on a lot of these topics.
Check the timestamps below to skip to the questions you care most about!
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The Lounge Marketing Membership
https://bit.ly/3TqGNHy
Prehook Quiz App for Shopify
https://prehook.com/
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Full Episode Show Notes + Episodes Mentioned
http://ecommercebadassery.com/231
_______
Let's Connect
Website: http://ecommercebadassery.com
Instagram: http://instagram.com/ecommercebadassery
Membership: http://ecommercebadassery.com/membership
_______
Rate, Review, & Subscribe
Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; but it’s also valuable feedback for me to continue bringing you the content you want to hear.
Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
When was the last time you really dug into your profit and loss statement?
I've been having A LOT of conversations about finance lately and it's got me worried about your profitability.
CFOs are giving bad advice, programs you're investing in don't make sense for the stage of business you're at, agencies are ripping you off, and you're not putting nearly enough money in your pocket.
Today we're diving into what you should think about and consider before investing in or out of something in your business, we're talking about the different types of programs that are typically available and who they're best for, plus we're talking about what numbers you should be shooting for on your P&L.
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The Lounge Marketing Membership
https://bit.ly/3TqGNHy
eCommerce Margin Statistics
https://www.shopify.com/blog/profit-margin
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229. Becoming an Inventory (and Finance) Genius with Ciara Stockeland
https://ecommercebadassery.com/profit-first-for-product-based-businesses/
228. How to Prep Your Business for Sale & Get Top Dollar with Christine McDannell of the Magnolia Firm
https://ecommercebadassery.com/how-to-sell-your-ecommerce-business/
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Full Episode Show Notes
http://ecommercebadassery.com/231
_______
Let's Connect
Website: http://ecommercebadassery.com
Instagram: http://instagram.com/ecommercebadassery
Membership: http://ecommercebadassery.com/membership
_______
Rate, Review, & Subscribe
Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; but it’s also valuable feedback for me to continue bringing you the content you want to hear.
Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Passive income is the holy grail of online business... but is any income TRULY passive?
Sort of. Put the work in upfront and passive income can follow. Of course, as a product-based business, you still need to fulfill the orders, but it would be cool to have that revenue rolling in without much marketing, wouldn't it?
Today's guest is Monica Little and she's teaching us exactly how we can make that happen.
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ep. 93. How to Calculate Your Traffic Needs
https://ecommercebadassery.com/grow-your-business-in-2022/
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Free Training: How to Get Your Products Seen on Etsy*
https://www.monicalittlecoaching.com/a/2147562114/T9q84puB
The Product Biz Podcast
https://www.monicalittlecoaching.com/blog
Monica on Instagram
https://www.instagram.com/monicalittlecoaching/
Etsy Stats
https://www.etsy.com/seller-handbook/article/1054179841368
Full Episode Show Notes
http://ecommercebadassery.com/230
_______
Let's Connect
Website: http://ecommercebadassery.com
Instagram: http://instagram.com/ecommercebadassery
Membership: http://ecommercebadassery.com/membership
_______
Rate, Review, & Subscribe
Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; but it’s also valuable feedback for me to continue bringing you the content you want to hear.
Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Inventory and finance are the least enjoyable parts of running a product-based business, but they're also the most important. If you don't have a handle on these numbers it's very difficult to stay profitable especially as you scale.
Learn how you can tweak the profit-first method to fit your inventory business and the most important things you need to understand about your business financials.
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ep. 145. How to Manage Your Inventory
https://ecommercebadassery.com/how-to-manage-inventory/
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The Quickstart to Inventory Genius*
https://www.ciarastockeland.com/a/2147521502/RZFVqBvo
The Inventory Genius Book
https://www.ciarastockeland.com/book
The Inventory Genius Podcast
https://www.ciarastockeland.com/podcasts/the-inventory-genius-podcast
Full Episode Show Notes
http://ecommercebadassery.com/229
_______
Let's Connect
Website: http://ecommercebadassery.com
Instagram: http://instagram.com/ecommercebadassery
Membership: http://ecommercebadassery.com/membership
_______
Rate, Review, & Subscribe
Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; but it’s also valuable feedback for me to continue bringing you the content you want to hear.
Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Have you ever thought about selling your eCommerce business? While many entrepreneurs create businesses with the intention of selling them in the end, most small business entrepreneurs think they'll run their businesses until they're ready to retire. But even then, what are your next steps? Do you just shut the whole thing down and say goodbye to your customers?
What if instead, you could sell your business to someone else and get a nice chunk of change in return?
While selling your business is likely easier than you think and can be done sooner than you think, there are some key things you'll need to have in place before you can fetch top dollar.
Since I'm not an expert in exiting business, I brought in Christine McDannell of the Magnolia firm to school us on what we need to know to set our businesses up for sale.
The Magnolia Firm
https://themagnoliafirm.co/
Christine on LinkedIn
https://www.linkedin.com/in/christinemcdannell/
The Magnolia Firm on Instagram
https://www.instagram.com/themagnoliafirm/
Full Episode Show Notes
http://ecommercebadassery.com/228
Let's Connect
Website: http://ecommercebadassery.com
Instagram: http://instagram.com/ecommercebadassery
Membership: http://ecommercebadassery.com/membership
Rate, Review, & Subscribe
Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; but it’s also valuable feedback for me to continue bringing you the content you want to hear.
Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Customers are MOST engaged with your brand when they place an order with you so capitalize on the moment with post-purchase cross-sells & upsells.
Learn how a tool like ReConvert makes it easy to implement this strategy and gives you the power to create a personalized experience for each of your customers.
Get a Lifetime 10% Discount on ReConvert
http://ecommercebadassery.com/reconvert
Get the Conversion Rate Optimization eBook
http://reconvert.io/cro
Full Episode Show Notes
http://ecommercebadassery.com/227
Let's Connect
Website: http://ecommercebadassery.com
Instagram: http://instagram.com/ecommercebadassery
Membership: http://ecommercebadassery.com/membership
Rate, Review, & Subscribe
Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; but it’s also valuable feedback for me to continue bringing you the content you want to hear.
Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Struggling to get traffic and sales for your product-based business?
Charlotte of Soaps by a Chemist discovered and started implementing Facebook virtual vendor events in her business when the pandemic shut down her in-person options.
Since then she has shifted the majority of her business online and only participating in a handful of in-person markets.
Learn what virtual vendor events are, how to implement them, and whether or not it's a good event for you!
Full Episode Show Notes
http://ecommercebadassery.com/226
Let's Connect
Website: http://ecommercebadassery.com
Instagram: http://instagram.com/ecommercebadassery
Membership: http://ecommercebadassery.com/membership
Rate, Review, & Subscribe
Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; but it’s also valuable feedback for me to continue bringing you the content you want to hear.
Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
It’s hard to avoid shiny object syndrome… especially in the online space.
With so many different strategies, social platforms, educators, and other businesses that are doing “cool” things… it’s easy to get off-track… But 99% of the time, it’s FOCUS that will actually drive you forward.
What focus means for one business is different than for another. And there are actually 2 different ways focus, or the lack thereof can manifest in your business.
Today we’re going to break it down so you can start identifying where you might veering off and how to get back on track.
Links & Resources Mentioned
The Lounge eCommerce Marketing Membership
http://ecommercebadassery.com/membership
Reconvert Post-Purchase Upsell Funnel App
https://ecommercebadassery.com/reconvert*
Episodes Mentioned
How to Deal With Conflicting Advice on the Internet
https://ecommercebadassery.com/conflicting-advice-from-experts/
How to Create an Omnichannel Marketing Campaign
https://ecommercebadassery.com/how-to-create-omnichannel-marketing-campaign/
Full Episode Show Notes
http://ecommercebadassery.com/225
Let's Connect
Website: http://ecommercebadassery.com
Instagram: http://instagram.com/ecommercebadassery
Membership: http://ecommercebadassery.com/membership
Rate, Review, & Subscribe
Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; but it’s also valuable feedback for me to continue bringing you the content you want to hear.
Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Not every strategy, method, or "best practice" is right for your business and I see a lot of entrepreneurs who get caught up working on the wrong things...
Maybe they heard someone talk about something and they got FOMO, or maybe someone gave them advice that didn't actually make sense for their business, their goals, or their immediate needs.
I'm all for focusing on the big picture, future-proofing yourself as much as possible, and making decisions from a place of who you want to be.
But sometimes you just need to focus on the thing that's going to support you at the moment.
I know it can be hard to tell the difference, so today I'm diving into a few examples to help you figure out when you should ignore conventional wisdom and when you shouldn't.
Links & Resources Mentioned
Forever Free Shopify Trial
https://forms.gle/fCLdQqJccqnDqr3z7
The Lounge eCommerce Marketing Membership
http://ecommercebadassery.com/membership
Episodes Mentioned
How to Deal With Conflicting Advice on the Internet
https://ecommercebadassery.com/conflicting-advice-from-experts/
How to Manage Inventory in Your Product-Based Business:
https://ecommercebadassery.com/how-to-manage-inventory/
Full Episode Show Notes
http://ecommercebadassery.com/224
Let's Connect
Website: http://ecommercebadassery.com
Instagram: http://instagram.com/ecommercebadassery
Membership: http://ecommercebadassery.com/membership
Rate, Review, & Subscribe
Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; but it’s also valuable feedback for me to continue bringing you the content you want to hear.
Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Credit cards can get you into trouble if you don't use them responsibly... but they can also save you a lot of heartache if you ever experience fraudulent charges. Don't put your business (or personal) cash flow at risk.
eCommerceBadassery.com/223
Free Resource Library: http://ecommercebadassery.com/freestuff
Instagram: https://instagram.com/ecommercebadassery
FB Group: http://ecommercebadassery.com/facebook
Website: http://ecommercebadassery.com
Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; it’s also valuable feedback for me to continue bringing you the content you want to hear.
Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
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