Process To Ecom Profits Podcast

Robyn Johnson

The Process to Ecom Profits podcast provides tactical tips, techniques, and long-term strategies to help e-commerce business owners to have the profitability, freedom, and sustainability they were hoping for when they started their business. Our hosts have years of experience helping eCommerce entrepreneurs to build and sell the business of their dreams. If you have been selling on your own Shopify site, Amazon, Walmart, eBay, or Etsy this is the show to help you finally get control and get ahead in your online business. read less
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Episodes

Ep. 25 Understanding Scarcity with Dr Mindy Weinstein
Nov 8 2022
Ep. 25 Understanding Scarcity with Dr Mindy Weinstein
The Power of Scarcity. In this episode we talk with PDH author Mindy Weinstein about her new book. What is scarcity, what are the types that can be applied to our business and how to use it ethically. We also go into the effect that it has on customers, the physiological impact, how it can help when they are overthinking and finally, how FOMO is closely related to scarcity. 00:15 Drs Mindy’s introduction00:45 Mindy’s new book “The Power of Scarcity”01:10 What made you want to write about Scarcity?01:50 Scarcity is the most powerful influence tactic.03:15 What are some of the teaching points from your book that can be applied to the business world?04:30 Four types of scarcity04:55 Supply related06:30 Demand related07:30 Time related07:58 Limited edition09:10 Do the examples also apply to services?10:15 Not all scarcity gives customers a good impression10:45 Scarcity needs to be ethical12:30 Scarcity is informing the customer13:50 How can we create scarify on our own products?17:20 Is there a type of scarcity that works best for your client base?21:25 Scarcity can help people that are overthinking24:40 Effect of special days like Prime Day, Black Friday Sales, Cyber Monday25:15 Competition, a side effect of scarcity26:25 Feeling of excitement27:25 Scarcity done well29:00 Creating some distance with yourself and scarcity29:55 Scarcity and FOMO34:25 How to order the book?35:15 What would be the one piece of advice you would give now that we are entering Q4 if you have a physical product?
Ep. 23 Discussing Payroll with Mizzy from Gusto.
Oct 10 2022
Ep. 23 Discussing Payroll with Mizzy from Gusto.
Starting your own business is hard enough. Probably one of the hardest things that someone does in their entire life. The last thing entrepreneurs want to worry about is the concept of payroll.Missy from Gusto has joined us today and elaborates on all the benefits and perks her company offers like contractor payments, simple plans for startup companies, and even HR programs for larger businesses.Links Mentioned: Cyndi Thomason - Bookskeep.comRobyn Johnson - Marketplaceblueprint.comMizzy- Gusto.com (Click Button Learn More)Skip To:02:50: Gusto brings connectivity between all platforms that companies use, putting all payroll into one simple platform. 03:35: What products does Gusto have that helps the beginning entrepreneur?03:47: The contractor only plan, allowing companies to pay contractors with one platform.04:59: Can you tell us what the cost is for the contractor only plan?06:04: The simple plan, for those companies that are just starting out.07:22: Can you talk about the automatic pilot feature of Gusto?09:23: Would international accessibility of payroll be beneficial to you?09:46: Does the program address the issue of state regulations for payments?10:27: Are you seeing success with companies having happier contractors when using Gusto?11:48: What are some things that Gusto can help small businesses as they start to grow? How does that benefit program work?14:15: Do a lot of clients use the workers comp option within Gusto?15:45: Can you talk about your retirement plans? (Guideline)17:10: With Guideline itself does each business have the opportunity to select the funds that they are going to be participating in? 19:50: What does Gusto offer businesses that are needing more of an HR presence?22:52: It's possible to move in and out of the high end HR plans, can you describe this better for us?26:25: What is your vision for Gusto? Where do you see it going?
EP. 21 Using Creativity to Avoid Entrepreneurial Burn Out With Susie deVille
Oct 3 2022
EP. 21 Using Creativity to Avoid Entrepreneurial Burn Out With Susie deVille
Burn out is the one thing that every entrepreneur faces as they continue to grow their business over several years. In today's episode, we sit down with Susie to discuss how creativity can be used to help breakthrough burn out. We also discussed her upcoming book that is utilizing creativity as an entrepreneur. Links Mentioned:Cyndi Thomason - Bookskeep.comRobyn Johnson - Marketplaceblueprint.comSusie - Inovationandcreativityinstitute.comSkip To:01:20: Susie’s Book Buoyant a guide to becoming wildly successful as an entrepreneur.  01:39: Susie’s Program Sketchbook Entrepreneur Master Class teaches the skills to avoid burnout. 03:17: What about your entrepreneurial journey stuck out to you? What did you learn and grow from during that time?06:52: Can you expand on the Liberation Quadrant.11:00: Can you notice the caution zone? (Where you are comfortable)12:34: Make sure to look out for the seedlings that bloom as burn out later.13:18: So how do you know that you are there? Is there a way to tell before you burn out?15:18: What does the World of burn out look like?18:15: Can you Talk about the 5 M’s and why they set us up for feeling more expansive in our day?18:32: Susie describes the Fight of Flight Mode in correlation to the burnout aspect.25:40: End of Description of 5 M’s 26:44: What are techniques used by entrepreneurs to wake themselves up? (Pattern Interrupt)28:33: Awareness of boundaries is important and becomes more accessible after Susie's teachings. 32:22: Burnout decreases access to the Prefrontal Cortex of the executive functioning part of our brain.33:45 Cindy’s anecdote.35:00: Susie, can you tell us how to order the book and release date?
EP 22:  Tax Strategies with Wendy Barlin
Sep 19 2022
EP 22: Tax Strategies with Wendy Barlin
Taxes are a headache. Especially when it comes to entrepreneurship. Today we get the privilege of talking with Wendy Barlin, a phenomenal tax strategist and subject matter expert of the tax world. We discuss concepts like planning for your tax season, the difference between a tax preparer and a tax strategist, the most common missed deductions, and much more. Wendy talks about the ideas of ensuring you love your company, treating it like it's your own, and understanding that you must have the right entity when it comes to your taxes. We also discuss her book (That’s Deductible) which shares multiple strategies and concepts in the world of taxes and entrepreneurship. Links Mentioned: Cyndi Thomason - Bookskeep.comRobyn Johnson - Marketplaceblueprint.comWendy Barlin - Wendybarlin.com/aboutprofit.comSkip To:02:00: When is the best time to sit down with your tax advisor to plan the rest of your year?05:45: How much do you need to be prepared before sitting down to discuss a tax strategy?08:00: What should you be looking for in a tax strategist?09:30: What is the difference between a tax preparer and a tax strategist?12:00:  What is the biggest mistake that you see?14:22: What are the most common missed deductions?17:14: What tips can you recommend for people relying on debt to keep their business in operation?22:45: What are you seeing with the market right now and business sales? What should people be considering as they are starting to think about exiting in the next year?25:18 Becoming an employee of your company after you sell your company. 28:10: Do you have any guidance for individuals that are just starting out?32:00: Have the correct entity.33:15: When can meals be a tax deduction?35:12: What is the minimum amount for needing a receipt?36:16: Mention of Wendy’s Book (That's Deductible)
EP 20: How Does Creative Impact Your Ad Performance with Nate and Hector
Aug 30 2022
EP 20: How Does Creative Impact Your Ad Performance with Nate and Hector
It used to be that having the right keywords and launch strategy was enough on Amazon.   As the Amazon marketplace matures, creative work plays a bigger and bigger role in the success of product launches and overall advertising performance.  Cyndi interviews Nate and Hector of Marketplace Blueprint on how they integrate creative optimization to improve overall ad performance.  Cyndi Thomason - Bookskeep.comNate Johnson - Marketplaceblueprint.comHector - MarketplaceBlueprint.comJump to Sections:2:40 - How to determine if a product needs new creative work? We look at the detail page and Unit/Session percentage, similar to the conversion rate.  3:50 Marketplace Blueprint’s process to get started with creative work. We look at existing copy looking for keywords in use, product features, and selling points, making sure it follows amazon’s preferred structure and is written with easy-to-understand language. We then move to keyword research to ensure the product is listed for the keywords relevant to its type. We always optimize for mobile, create infographics and add as many pictures and videos about the product as we have available.6:00 Is there a significant difference between mobile and browser traffic to amazon? At least 50% of traffic comes from mobile, but it varies for each product. This data is found in the business reports on every seller account.7:44 Which metrics are monitored to make sure a product succeeds? Unit/Session percentage is important, as well as all advertising data such as conversion rate, ACOS, impression, clicks, Click Through Rate, etc. When advertising relevant keywords to a product, but these are not converting, we look at the creative side and detail page to try to identify why the product is not converting. There is a science but also an art to this.10:55 Does overhauling a listing means changing the direction of the ads? Not necessarily unless the product itself is changing the segment of consumers.13:25 Do you think brand owners know their target audience or do you need to show them? Initially, they know their target audience, which is the basic starting point. Down the road, content and optimization happen based on data and research. 15:00 Who would be ready to become a client of Marketplace Blueprint? We usually take clients with existing sales because we like to make data-based decisions. New product launches tend to be the most complicated, especially if they are new to the category; products with no existing traffic take the longest to pick up because they need to go through all stages from awareness to conversion. This is a great example of why Amazon is different from Google; people don’t search for solutions to problems on Amazon but search for the product they want to purchase.17:00 how to evaluate if your products are a good fit for Amazon. We would look at their product group and use tools to evaluate the search volume of their top keywords. We look at the competitive landscape to evaluate whether they are a good fit.19:40 What is the relationship between inventory levels and advertising spending? Having good communication between inventory levels and advertising is essential. Amazon will continue to advertise products in transit, and delivery times are often affected by inventory levels which directly impact conversion rates and drive up advertising costs.25:00 How did the pandemic affect the advertising on amazon? We didn’t see any direct changes to the advertising side. Amazon is very restrictive of the content they allow and are protective of un-sustained claims.26.40 Are you seeing any trends that are happening in the business? Not really, we have clients in different industries
EP 17: Understanding GTINs with Michelle from GS1 US
Aug 1 2022
EP 17: Understanding GTINs with Michelle from GS1 US
There is one place you need to make sure that you buy your UPC if you want to sell on Amazon, and that is GS1.   In this episode, we will go through what GS1 is, the basics of UPCs and barcodes, and how to avoid potential issues with your GTINs on Amazon. GS1 has recently revamped its pricing so that GS1 barcodes are less expensive for smaller sellers with less than ten products. Links Mentioned:GS1 WebsiteGS1 Barcode estimatorGS1 YouTube pageCyndi Thomason - Bookskeep.comRobyn Johnson - Marketplaceblueprint.comJump To:02:00 How has the pandemic affected the number and type of businesses purchasing UPCs?03:28 What is a GTIN (Global Trade Identifying Number), and is that number universal only in the US or globally?05:39 Why can’t I just buy discounted UPCs from eBay since they are so much less expensive?08:08 How do the prefixes work on Amazon so people can understand why Amazon sometimes kicks back errors when listing with some GS1 GTINs?11:03 Why are the prices for GTINs so much more expensive on GS1 than eBay's recycled codes?14:38 How can the products from GS1 help you with shipping and carton labels?  15:00 What is GS1’s data hub, and how can it help you better keep track of your GTINs?17:09 What is the thing new companies should know before they purchase their UPCs?18:39 If you have many product variations, how many GTINs do I need to purchase?21:00 What about GTINs exceptions on Amazon, does that impact how many GTINs I need to purchase?22:48 Now that GS1 has allowed for individual barcode purchases, what trends have you seen around UPC purchases over the last few years?25:00 What is the difference between an EIN versus UPC GTIN?26:30 What do you need to know about what name to register with GS1?27:51 What is GTIN hijacking, and how can it cause an error for my GS1 purchased barcode?