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Listen "Jeet Banerjee on how to build your ecommerce brand quickly and efficiently"
Episode Synopsis
The Process Podcast is hosted by Jeff Sherman
My guest today is a Serial Entrepreneur, Tech Expert, Consultant, Author, Blogger, and TEDx Speaker. He started his first company, JB Media Force, at 17 and immediately began picking up clients. He established an offshore team to handle the projects while taking care of sales here in the US.
He sold that company and quickly began working on another project, and in February 2012, he launched StatFuse along with his partner which he sold in 2017 to LendEDU.
Now, he’s working on launching a couple of other online and ecommerce businesses. In addition to this, he has a goal of helping others to find their purpose in life and achieving massive success.
In this episode, we cover several key topics including:
KEY TOPICS
How to build your ecommerce brand quickly and efficiently
3 tips when choosing a good dropship supplier
Understand who you are competing with
The hiring process to build your A-Team
SHOW NOTES:
My best advice for bringing on a new team member is “Hire fast and fire faster” [03:45]
“The best ability is availability” -- we can train you in everything else [04:35]
After I drove massive traffic to my client’s site and made them over $100k profits, I realized I could be doing this for myself and build out my own brand and products [06:00]
Dropshipping is the best way to start your own brand. It lowers the risk of having inventory [07:25]
We started off with one drop shipper and as we scaled we made relationships with multiple dropshippers just in case one supplier is unable to deliver [09:00]
Aliexprss in China is best dropshipper because you can set up a store in 2hrs and they dropship the fastest [09:00]
When you have a product that is selling really well, you can then diversify and find additional suppliers from North America and Europe [09:45]
For entrepreneurs that are starting in ecommerce, Shopify is a good choice [11:00]
Ecomlegacybrand.com is my training course for how to get your Shopify store up and running in 2hrs [11:15]
To compete, I always ask my suppliers how fast they can ship items, what’s the quality, how much brand control do I have? [13:00]
A drawback of using Amazon Fulfillment is that they keep all the data of your customers a secret. Only they can see it [13:50]
Whereas with Shopify you get to see all of the data from your customer’s email address, physical address and buying behavior. You can then use that to market to them [14:30]
Smaller brands will need to go for exposure and impulse buyers on places like Facebook where we can get people’s attention through ads [16:10]
We’re in the Chasing Game and we compete with better, more creative, and thoughtful marketing [16:25]
We primary use Facebook Ads and social media platforms [17:00]
Leave an imprint with one thing [18:00]
CONNECT WITH
Instagram @thejeetbanerjee
For more episodes of The Process Podcast visit us at www.theprocessshow.com
My guest today is a Serial Entrepreneur, Tech Expert, Consultant, Author, Blogger, and TEDx Speaker. He started his first company, JB Media Force, at 17 and immediately began picking up clients. He established an offshore team to handle the projects while taking care of sales here in the US.
He sold that company and quickly began working on another project, and in February 2012, he launched StatFuse along with his partner which he sold in 2017 to LendEDU.
Now, he’s working on launching a couple of other online and ecommerce businesses. In addition to this, he has a goal of helping others to find their purpose in life and achieving massive success.
In this episode, we cover several key topics including:
KEY TOPICS
How to build your ecommerce brand quickly and efficiently
3 tips when choosing a good dropship supplier
Understand who you are competing with
The hiring process to build your A-Team
SHOW NOTES:
My best advice for bringing on a new team member is “Hire fast and fire faster” [03:45]
“The best ability is availability” -- we can train you in everything else [04:35]
After I drove massive traffic to my client’s site and made them over $100k profits, I realized I could be doing this for myself and build out my own brand and products [06:00]
Dropshipping is the best way to start your own brand. It lowers the risk of having inventory [07:25]
We started off with one drop shipper and as we scaled we made relationships with multiple dropshippers just in case one supplier is unable to deliver [09:00]
Aliexprss in China is best dropshipper because you can set up a store in 2hrs and they dropship the fastest [09:00]
When you have a product that is selling really well, you can then diversify and find additional suppliers from North America and Europe [09:45]
For entrepreneurs that are starting in ecommerce, Shopify is a good choice [11:00]
Ecomlegacybrand.com is my training course for how to get your Shopify store up and running in 2hrs [11:15]
To compete, I always ask my suppliers how fast they can ship items, what’s the quality, how much brand control do I have? [13:00]
A drawback of using Amazon Fulfillment is that they keep all the data of your customers a secret. Only they can see it [13:50]
Whereas with Shopify you get to see all of the data from your customer’s email address, physical address and buying behavior. You can then use that to market to them [14:30]
Smaller brands will need to go for exposure and impulse buyers on places like Facebook where we can get people’s attention through ads [16:10]
We’re in the Chasing Game and we compete with better, more creative, and thoughtful marketing [16:25]
We primary use Facebook Ads and social media platforms [17:00]
Leave an imprint with one thing [18:00]
CONNECT WITH
Instagram @thejeetbanerjee
For more episodes of The Process Podcast visit us at www.theprocessshow.com
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