Introduction to the Side Hustle
So as you can see here on my screen, last week alone we’ve generated over $1,000 with this one little side hustle here that requires almost no effort. And if you think that is just me, check this out because the money that I’m making using this side hustle is not even 1% of the money other people are making using the same exact strategy. Now just like I teach you to do here on the channel, I also practice what I preach. So when I’m going to start something, I always have someone that I’m inspired by and these…
Shops That Inspired the Strategy
…are two of the shops that I want to show you that I actually did some market research before I actually got started. So for example, The Print Shop here (actually that’s the name of the shop) they’re making around 1,820 sales every single month with a monthly revenue of $43,372—M1 157,000 over the course of 4 years. So that is around half a million every single year, and they actually have a pretty good conversion rate as you can see here: 2.62% based on the amount of traffic that they have. This is really, really…
Analyzing the Second Shop
…good for an e-commerce store, as you can see here from their total revenue of course. So the second shop here that I’m actually want to show you is called Ultimate Gift Shop, and it’s been founded in 2018. Now the tool that we’re using to see all of their revenue, how many sales they make, and be able to spy on our enemies—actually, our competition—is called Allura. And for some reason here, they’re updating and refreshing Ultimate Gift Shop to give us new insights, and they’re not showing you how much revenue…
Understanding Print On Demand
…this store here has made, but they actually made almost $3 million since 2018, which is incredible if you think about it. So step one: How exactly are these shops making so much money, and what exactly are they doing? Basically, if you don’t know what print on demand is (which is the business model that we’re going to be using in this video), I have here an entire blog post explaining to you step by step what print on demand is. But it’s basically a business model that you never have to have any inventory. You…
Benefits of Print On Demand
…never have to spend any money up front; you never even have to touch or see the product if you don’t want to because when the customer orders a product, it will be created instantly and sent to the customer’s product without ever you having to touch or see the product. Basically, you’re just a middleman, and you’re going to be profiting in that profit in the middle. And because of this, almost all of the money that you get from your profit—it’s all to you because there’s no expense. But before you ever…
Step 2: Conducting Market Research
…start any type of business, the first step you need to take is step two in this video: do some market research. When you do market research, you actually identify exactly what is working and what isn’t. You’re able to start from scratch but start with products and data that actually already works. And if you’ve not watched this video here, which I posted about a year ago showing you how you can go from $0 to a million dollars in 12 months working only on holidays, I highly recommend that you do because it’s showing you how you can sell…
Timing Seasonal Trends
…products by using print on demand simply on holidays. For example, right now is December 2nd and Christmas is around the corner. Due to this, all of the products that are related to Christmas are trending and booming right now. So if you go here to one of my favorite websites, which is trends.google.com, or if you’re not yet following along with me, you can simply click the link in the description of this video to open the text guide of the video which includes all links, resources—everything you need to be able…
Using Google Trends
…to perform this video, including the link for you to install Allura for completely free on your computer. All right, so just go ahead, open that, and follow with me step by step. Once you’re here in Google Trends, you can simply go to “Trending Now” and identify things that are actually trending today, maybe this month, that people are actually searching for and looking for so you can provide it directly to them. Now without going into politics here, the most searched words today for some reason is Hunter Biden…
Leveraging Etsy and eRank
…and as you can see here, there is a bunch of other awards as well. This one here—49ers versus Bills (which I imagine is some type of football game)—has been searched for 1 million times in the last 21 hours alone. And since I know that this Christmas is coming up, I could simply go here on home and I could type in, for example, “Christmas,” and Google Trends will show me how much people are actually searching for Christmas here on this trend bar. For example, this is the past day alone. Let’s put here the past…
Trends Over Time
…30 days. And as you can see here, Christmas is slightly going up as Christmas is approaching. We are now on December 2nd; by December 15th, it will be really, really high, December 25th even higher, and it will start to go down again until next year when Christmas reaches again. So this is how it works, this is completely normal, and based on that information you already know what’s going to be able to sell and what isn’t, okay? And you can also go to a second website called erank.com, and by going here on rank.com you can identify things…
Using AI for Product Design
…Now once it is generated, all you need to do to be able to apply this to your mug really easy—without you having to do anything—is just click on the image, and boom, it is added to your mug. You can simply make changes if you wanted to, for example, if I wanted to make it smaller so it actually fits the mug like that. I could simply drag and drop it like this and boom—I think it looks good just like that, okay?
