- Flipping SOPs:
****Disclaimer*****
Before we dive in, we are stating that this course is not financial advice. We are also not here to give any legal advice and we recommend that you do your own research in regard to taxes, setting up an LLC or DBA etc.
We are here to help you make money, just follow the steps and trust the process.
PART ONE: FINDING - POSTING & SELLING A PRODUCT - Getting started
- When me and my wife got started with this, we knew we wanted to work for ourselves and gain more financial security, but we didn't have someone who laid out all the exact steps we needed to follow.
We designed this course for you, so that you can learn from our mistakes, and make the path to financial security smoother and faster!
This course will lead you to more financial freedom if you follow the exact steps that we lay out. Taking action is the name of the game! Follow each step and you will see an increase in your bank account.
What we teach here has been done worldwide for hundreds of years. Simply put, it’s buying something low and selling that same thing for a higher price.
Think about Walmart that buys its products in China and sells them to you. Or Amazon, or any clothing store and the list goes on and on. You get the point.
It’s all about the perceived value of a specific product. And about convenience, which people are willing to pay for, a lot.
But we are not here to dive into economic principles, but to make money, so let's get started! - Choosing a niche
- Choosing a type of product that you will sell is crucial. We recommend picking one or two things to start with and see how it goes.
Maybe after a while you can add a few products but we recommend keeping your variety of products low.
It makes it easier to find the best deals, because those products will pop up in your marketplace feed. Also, it will make you an expert in that product.
If you decide on selling treadmills, you will know exactly what a good treadmill is, what a good deal is, what you can sell it for, etc. You will become the true expert in that ‘niche’. And people like that.
It becomes messy if you sell too many different things, it’s harder to keep track of everything, it’s harder to find deals because Facebook's algorithm will show you different products all the time.
So trust us and pick one or two niches to start with, master them, and then, maybe, if you really want to, add another product.
The more experience you get, the easier it will become (like with everything in life).
Just always think about these things when picking a niche: - Market population: How big is your area that you live in?
- You bought this course so that means you live in an area of at least 50,000 people. We still believe you can make money using our system in a less dense population, but it will be slower.
- Volume: Is there going to be a lot of people needing this?
- Some products have a high volume, like washers and dryers. People need them all the time. If the volume is lower, it’s better to have a higher ticket product.
- Ticket: Is my product a high ticket product?
- You need to sell less if you have a high ticket product → Let’s say you sell antique chairs, and one chair goes for $1000. To reach $6k/ month you’ll only need to sell 6 chairs (just imagine you got the chairs for free) Let’s compare that with selling Yetis coolers. One Yeti goes for $150, so you’ll need to sell $40 Yetis in order to get to $6k/ month. (again supposing that you got all of them for free)
So whatever niche you choose, make sure that if the volume is lower and not so many people are looking for this specific product, the ticket of your product is higher.
We recommend picking a product with a higher volume, something that people will buy every day. This is because you will start to make those sales faster and get in the habit of posting and selling. You will make your first $1,000 before you even realize it!
You can add a product with a higher ticket as well, but bear in mind that it might take a little longer to sell. But when it finally sells, you’ll make a chunk of money all at once.
To give you an example, I’m going to tell you about my experience. It's completely fine if you copy our proven method, but maybe you have your own idea of a niche.
Me and my wife picked washers and dryers and fitness equipment to start with. We started to look for deals on Facebook and Offerup and dove straight into it.
We saw that washers and dryers are very consistent, people are looking for those all the time! Treadmills and other sporting goods can take a little longer to sell, but it’s worth the profit.
We stuck with our products (washer, dryers and treadmills) and became true experts in them.
Well, actually, I’m kind of overstating that because I do know how to install a washer and dryer very well, I don’t really know how to repair them (or I at least don’t have the time for it)
After a while (a few months) we started experimenting with other products, but within the same line, like ellipticals, weights, recumbent bikes, rowers and other sporting goods and fridges.
So picking a niche will be the first thing you’ll need to start with in this journey to $5K/month.
Here are some examples but please don't limit yourself to these. - Furniture
- Cabinets
- Weights
- Elliptical
- Treadmills
- Recumbent bikes
- Yetis
- Washer and dryer
- Fridges
- Antiques
- Plants
- Computers
- Cell phone holders
- Games
- Toys
- Baby stuff- clothes, strollers, …
- Clothing
- And the list goes on and on
- ..
First task
For you to be successful, you’ll need to follow the system and trust the process.
Your first task is going to be thinking about what you are going to sell, make a decision (you can always change it up later) and post your first product to get in the habit of posting.
What would I like to sell? Pick 2 products
Are these products high volume products? Do a lot of people need this?
Is my product a high ticket? What is the average price of my product? (Do a quick Facebook marketplace search for your product)
Find 5 different products that you might be interested in selling. Go over to Facebook Marketplace and type in each product so you get a feel for the market.
For you to be successful, you’ll need to follow the system and trust the process.
Your first task is going to be thinking about what you are going to sell, make a decision (you can always change it up later) and post your first product to get in the habit of posting.
What would I like to sell? Pick 2 products
Are these products high volume products? Do a lot of people need this?
Is my product a high ticket? What is the average price of my product? (Do a quick Facebook marketplace search for your product)
Find 5 different products that you might be interested in selling. Go over to Facebook Marketplace and type in each product so you get a feel for the market.
Now that you have decided on what product you are going to sell, I want you to make your first post.
You are going to pick something now that you are going to post.
It can be something that has nothing to do with your niche. You can pick a tshirt, a candle, a dog crate or whatever you have there that you can sell.
If you have posted something on FB before, great. Still trust and follow the process.
Go over the FB marketplace and post your item.
Congrats, you took the first action toward $5k/month!
You are going to pick something now that you are going to post.
It can be something that has nothing to do with your niche. You can pick a tshirt, a candle, a dog crate or whatever you have there that you can sell.
If you have posted something on FB before, great. Still trust and follow the process.
Go over the FB marketplace and post your item.
Congrats, you took the first action toward $5k/month!