You can build a $10K/month profit DTC business in 60 days.

I've built a $100M revenue DTC brand.

It boils down to these 3 steps.
In 60 days, you'll need to

1. Find the correct product to sell
2. Set up the website
3. Set up the ads and take pre-orders
4. Find a Manufacturer
5. Order Packaging
6. Set up Logistics

Here's how:
Step 1: FIND THE CORRECT PRODUCT TO SELL

Most people think "what product should I sell?"

Instead, think:
Which products are other people already selling successfully?
Let's say you want to sell snacks, Google and make a list of 50-100 medium-sized snack brands.
To select which product out of these you should sell, set this judging criterion

1) Already getting 50K visits/month
2) All traffic is coming from Ads
3) You can find a local supplier for it
4) The product is habit forming
Let's say you're researching this waffle cone snack.

First, you're going to verify if it gets more than 50K visits per month.
Install Similar Web on Chrome - it lets you see how much traffic each website is getting
Go to Muddy Bites Website and you'll see this sidebar with all their website traffic details
Site traffic more than 50K. Boom!
These guys are making good money.
Now you're going to check whether their traffic is coming from organic content or ads.

If it's content, it'll take 1 year for you to copy. If it's ads, it'll take one week for you to copy.

SimilarWeb tells you it's 66% Paid traffic. Great.
Now, is this product habit-forming?

If it's habit-forming, customers will keep buying from me. If not, they'll buy it and forget it.
It's a snack, people have it with milk, and munch in their pastime, it is very habit-forming.

Also, not many snacks like this exist, so once you're used to the bite, you'll keep ordering.
Great, this waffle cone snack clears your criteria.

You're going to build a waffle cone company. let's build a website now.
Step 2: MAKE A WEBSITE

Grab an easy template from Shopify
This one looks good.
Hire a designer with 5+ years of experience on Fiverr

Get them to do brand, logo product photos, and website layout assets.

A good designer can knock these all out in a week.
Now you have a website, designs, and a brand.

You need to start taking pre-orders.
STEP 3: SET UP ADS

Go to Facebook Ad Library and see what ads Muddy Bites has been running for 6+ months.

All those Ads are getting them customers. That's why they've been spending money on them for 6+ months.
facebook.com/ads/library/
Recreate 5 of their Photo Ads for your brand.
Get very similar pictures done for your brand with Photoshop.

Use the same:
• Ad copy
• Keywords
• CTA
Set a $100 budget for those 5 ads and track performance for 2 weeks.

Select ads that did an ROI of 4X and more and drop the ones that didn't.
After 1 week, you see that this one ad CRUSHED IT!

For every $1 you spent on it, it got you pre-orders worth $10. Crazy.

Increase the budget on that ad and spend till it keeps getting you 5X+ ROI.
STEP 4: FIND A LOCAL MANUFACTURER

Now you have pre-orders, you need to find someone who can make these waffle cones locally.
Go to Sourcify.com to find a trusted, local manufacturer that can make your Waffle Cones.

This is easy to make, any bakery can do it. Over time, you can test quality.

For now, order 2x the amount of pre-orders you have.
sourcify.com
STEP 5: ORDER PACKAGING

At first, I would recommend using generic packaging until you're confident about the product and taste.

Packaging is more expensive than product sometimes.
Also, you'd have to buy 2000+ boxes/packs at once to get a good rate.

Only do custom packaging when you're confident that your product is of great quality.
Take a step back.
Your website is good.
Ads are working well.
The packaging has arrived.
Waffle Cones are arriving tomorrow.

Time for step 6...
STEP 6: SET UP LOGISTICS
Call up Airhouse.io

Send your products to their warehouse, they will pack it, ship it, collect returns if any, and handle everything for you end to end.
How to build a $10K/month profit DTC business in 60 days.

1) Pick a product that meets your criteria
2) Build a website
3) Copy previously successful ads
4) Accept preorders
5) Find a manufacturing partner
6) Order packaging
7) Let Airhouse deliver it

Repeat and make $$$$
Note: There's no sure-shot recipe for success, but you avoid all risks that can be avoided through this process.

Your product sells, your branding works, and your ads work. You remove luck from the process.
That's a wrap.

If you found this useful, retweet the first tweet to share with a friend.

Follow @jspeiser for hard-earned lessons on Entrepreneurship.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Joe Speiser ⚡️

Joe Speiser ⚡️ Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @jspeiser

Nov 12
7 groundbreaking startups that will change the way you live by 2030:

1) Pipe Dream Labs

“Mario pipes” under the city…
1) Pipe Dream Labs

“Mario pipes” under the city that transport packages at 60 mph. (Manhattan → Bronx in 10 minutes)

Mission: Make deliveries 10x faster while cutting back CO2 emissions.

pipedreamlabs.co
2) Spin Launch

Launches satellites into earth’s orbit with an electric powered kinetic launch system (no fuel necessary).

Mission: Lead the future of cheap, scalable & environmentally sustainable space access.

spinlaunch.com
Read 10 tweets
Nov 9
Give me 2 minutes and I’ll save your startup from a slow death.

6 common mistakes to avoid:
1) Operational inefficiencies

Ideally, you want your revenue to grow without a resulting increase in expenses.

One way I’ve found to do this is to keep your team small…
Fight the urge to take on more managers and add levels of hierarchy as you grow.

More employees = less net revenue.

Simple but often overlooked.

Keep your team as flat as possible for as long as possible.

Too many founders jump the gun on hiring.
Read 22 tweets
Nov 3
The dirty inside secret most first-time entrepreneurs don't know.

14 tools I use to steal from competitors, and build million-dollar businesses.
Housekeeping note:
Don't do anything that destroys your reputation. Copying what works is a simple & practical strategy, but don't cross any boundaries.

In this thread, I'll show you how to steal your competitors' traffic, product ideas, and customers in a 100% fair way.
1. Steal their social media traffic

Drop your competitors' url in similarweb.com

It will tell you what % of their web traffic comes from which social media platform

Looks like this Image
Read 22 tweets
Oct 31
I've built 10 startups and sold several for millions.

Let me teach you in 2 minutes what took me 5 years to learn.
How to build a startup within 30 days -

Pro tip: In the first 30 days, your goal is to get your first 10 customers.

Nothing else matters.
Do only those tasks which are absolutely necessary for getting you 10 paid customers.

Ruthlessly eliminate everything else.

Let's say you're building a Calendly clone.
Read 25 tweets
Oct 25
I run a $1+ million startup on a <$200 tech stack.

How?

It's no code!🚀

Here are the 11 tools I use daily:

1. How I use them
2. Their pricing
1} Landing Pages

Tool: @dorik_io

How I use it:
📍 Easy to use sleek inbuild templates for landing pages
📍 lets you set up a landing page in less than 60 mins
📍 Super easy with customization of branding & edit the marketing copy

Pricing: Starts ~$4/month (Has a free plan)
@dorik_io 2} Data Storage

Tool: @airtable

How I use it:
📍 Easy to keep track of ongoing sprints
📍 a spreadsheet with good UX/UI
📍 record all your users data / crm
📍 Easily collect data using simple forms

Pricing: Starts at $10/month (Has a free plan)
Read 14 tweets
Oct 24
14 mental models that helped me build 10 startups and sell (a bunch of them) for millions.
1) Serviceable Obtainable Market (SOM)

Everyone focuses on the Total Addressable Market (TAM), which gives an unrealistic expectation of your market size.

Instead SOM gives you a more practical estimate.
2) Viral Coefficient

Is the number of new users an average customer generates and a strong indicator of how highly your users like your product.

The higher your viral coefficient, the cheaper your acquisition costs.
Read 16 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(