**How a 22-Year Old from New Zealand Sick of Dropshipping Built a 100% Bootstrapped 8 Figure Beauty Brand After Failing Multiple Times**

Here's the story behind how Jordan Smyth was able to create a successful DTC brand in <3 years

+ some lessons you can apply to your business
Smyth got his start online with a t-shirt business.

He designed and ordered hundreds of t-shirts and prepared for a huge launch.

After selling to family and friends, he was unable to sell more due to a lack of marketing skills.

This was the first failure.
Next up was an Amazon FBA business.

But before he could even grow his business, Smyth hit a major roadblock.

Amazon asked for proof of official company documents.

Smyth could not provide them.

He was only 16.
With the Amazon FBA business shut down, he moved into dropshipping.

He would find winning product after product to sell via Facebook ads and a Shopify store.

And this is where Smyth finally saw success online.

A lot of it.

In just 14 months, he was able to hit $8mm in sales.
This is where Smyth built up the skills that he would later apply to his current business:

1. Understanding the types of products that people want and buy
2. Effective marketing w/Facebook ads
3. Managing a team

Now it was time to take these skills and build something bigger.
As Smyth grew tired of the dropshipping model and the headaches it brings, he looked for opportunities to transition into something more long-term.

Having struggled with rosacea all his life, Smyth set his sights on the skincare industry and created a mask with a local chemist.
Smyth launched his mask as Seed & Sour in Australia, where it bombed miserably.

The brand did not gain any traction despite heavy marketing.

That's when Smyth decided to begin selling in the US.

But in a saturated, competitive market like skincare, success did not come easily.
Struggling massively, Smyth tested different angles until something finally worked:

First, the brand name was changed to Gleamin.

Next, Smyth focused on evening skin tone and reducing dark spots and hyperpigmentation.

And that's when things really took off.
Since launching in late 2018, Gleamin has now gained over 200,000 customers with thousands of monthly subscribers and sales in more than 50 countries.

Now let's discuss what we can learn from Gleamin that you can apply to your own business.
Here's what we can learn from Gleamin:

First, you must find product market fit.

Without it, it is impossible to succeed.

This means you must offer a product that meets already existing market demand.

Gleamin struggled to find product market fit until it did the following:
To find product market fit, Gleamin rapidly test various angles and audiences until it found one that worked:

Solving hyperpigmentation, a skincare issue that doesn't get much attention, for an audience that doesn't receive much attention from the skincare industry.
The second lesson from Gleamin we can learn is that powerful marketing is all about:

1) showing something new
2) with an innovative angle
3) that solves a problem

Gleamin's ads execute this strategy flawlessly: simple, eye-catching UGC ads that sell a problem-solving product
The third lesson is to sell something, just look at what's working right now.

Smyth himself has said that he relies heavily on the Facebook ads library.

You can see exactly what's working.

So let's take a look at Gleamin's own ads and see what we can find.
The first thing that jumps out when viewing Gleamin's ads is the heavy prevalence of UGC.

Gleamin relies almost exclusively on videos that mash up UGC from a variety of influencers.

And this is the key to Gleamin's rapid success.
By creating engaging UGC ads that stop people from scrolling past on the FB or IG feed, Gleamin is able to gain cheap clicks that convert to sales easily.

So if your business isn't using UGC like this, it may be an important strategy for you to test in order to grow.
Finally, taking a step back, one last lesson I will leave here is that it is important to compete in the largest, most competitive markets to ensure success.

Take a look at some of my earlier thoughts on this:

So those are some tactics and strategies that should help your business.

The last idea I'll leave you with is this:

If you're dropshipping or running a business for the short-term, you should be looking to build something for the long-term:

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More from @Principles00

6 Oct
**How Everyone is Making Millions on YouTube on Auto-Pilot**

If you read my old tweets, you'll see I talk about how everyone is using YouTube to print cash with an automated method.

Today, let's break down the exact strategy and how you can do the same:

👇👇👇
What I'm about to show you is a simple idea but requires flawless execution.

In fact, you could probably set this up as soon as you're done reading this thread (provided you have something to sell).

So let's discuss how it all starts:
It all begins with a YouTube ad.

You can see a couple examples below.

Both have millions of views (36.5mm and 35mm to be exact).

Since a view on YouTube costs $0.05, about $1.7 to $1.8 million have been spent on these ads.

These guys are clearly making millions... ImageImage
Read 13 tweets
2 Oct
Take a look at the listings below.

8 figure payouts are not as uncommon as you think.

Most business owners make at least 50% of all the profits from their business when they sell it.

Let's discuss what you need to do to prepare to sell your business for a payout like this:👇
Most businesses are valued on a multiple of the profit, or more specifically, Seller’s Discretionary Earnings (SDE)

For example, with $10mm of revenue and $1mm profit, your valuation could be:

5x multiple = $5mm
10x multiple = $10mm

The key is to max out your multiple and SDE.
Let's talk about how to increase your multiple first.

I believe the four most important factors for determining your multiple are:

1. Size and age
2. Defensibility
3. Distribution
4. Growth
Read 14 tweets
20 Sep
In the thread below, I discussed the importance of UGC and how to obtain it.

One important strategy that I didn't cover was how to reach out to and negotiate with influencers to obtain UGC.

Let's discuss that now:

1. Identify influencers

First, find influencers who are a good fit for your brand

Find influencers promoting your competitors. Look for those who don't promote products often

When you find one on IG that you like, hit the drop down arrow on their profile for similar profiles
2. Outreach

Many YouTube and IG influencers have their contact info in their about section or bios, respectively

Send DMs or emails as follows:

- One sentence to introduce your business
- Offer free product (and state you'll pay a fee if you want to do this)

Keep it short
Read 9 tweets
19 Sep
Haven't provided much more advice on Google Shopping ads since this thread below.

Here's a thread with some more tips:
1. Optimize product titles

This is probably the most important aspect of Google Shopping.

The product title is the keyword targeting you select.

So if you're looking to target specific keywords, include them in your title.

Definitely include long-tail, high intent keywords!
2. Include variants?

Sometimes it's important to include variants, like different colors.

On the other hand, some variants aren't important, like 2 pairs or 3 pairs.
Read 5 tweets
19 Sep
There's an important event that I forgot to mention.

When I first became profitable, I was approached by a guru who promised to scale my Facebook ad campaigns.

He showed amazing results (six figures per day).

I wired $20,000 to him...

and immediately knew I had made a mistake
For $20,000, this guru offered 8 calls over the span of 6 weeks.

He ran a large Facebook group with over 20,000 members at the time.

Guaranteed to scale to 6 figures a day through manual bidding

But as soon as we had our first call, I knew I had been scammed.
As soon as we started our call, he had to stop to tell his kids to stop using the Internet because it slowed down his connection

Right then and there, I knew my $20,000 was gone.

His advice was very high level, and he didn't provide any specific details on what to do.
Read 5 tweets
18 Sep
**Advice on Building Custom Shopify Pages**

There are three methods I've used to build custom pages in Shopify:

1. Page builders like Shogun
2. Webflow
3. Developers to code custom pages

Here are my thoughts on each:
1. Page Builders

I've primarily used Shogun, but there are others like PageFly and GemPages.

Easy to use no code solutions, but the pages can tricky to create if you don't have an eye for design/UX or don't know how to use all the features.
2. Webflow

Probably the best no code solution out there. Need some understanding of basic HTML principles, but very powerful platform overall.

Easy to export the raw code and use a page builder to incorporate.
Read 4 tweets

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