Update on the E-commerce Business I Bought

Published: Feb. 27, 2020, 11 a.m.

Today we share some updates on how our E-commerce business is performing. We share how we’ve been able to triple the business in 5 months. We talk about financing for buying a business, as well as discuss why the returns on your investment from owning a business makes it a desirable venture for anyone looking to diversify their income sources. We talk about the costs associated with getting our business started and discuss subjects such as patents, search engine optimization, advertising, and website design. We then review what we have done to drive the growth of this business, including product distribution and marketing. We talk about the importance of analytics for regaining lost customers. We finish by sharing our target for yearly earnings and discussing how we will move towards it.

-What We’re Covering in This Episode; What We Offer at dincpie.com 0:16
-Financing; Returns on Your Investment; Investing in and Growing Your Business 3:41
-Important Principles for Growing Your Business Fast 16:21
-Our Target for Yearly Earnings; Outsourcing 21:40

“We’re going to continue to work hard to provide really exceptional service, and a really, really exceptional, high quality product at a great price, and continue to grow the product range a little bit, but increase distribution and continue our marketing efforts to create awareness. And that’s how we’re doing it! That’s how that business has performed.” 22:15