Can Mandir made a whopping 182,000 GBP from his E-Com Masterclass business in the single month of February 2021. The money came from monthly sales, consulting, and coaching classes. Most times, you don't get to see people like Can Mandir eager to share their knowledge and experiences with others.
With Covid-19 stifling so many industries and businesses, shopping online has become more of a necessity than a convenience. As a result, today, we have more people shopping online, and the narrative will most likely remain the same after the pandemic.
According to Grandviewresearch, the e-commerce market size was valued at $9.09 trillion in 2019 and it's expected to grow at a compound annual growth rate (CAGR) of 14.7%. This growth is expected to happen from 2020+2027.
Can Mandir's E-Com Masterclass
Mandir's E-Com business is entirely an online business with many online shops. Mandir also coaches a lot of people in the art of dropshipping and E-commerce. Through his E-Com masterclass, he teaches people how to generate passive income and achieve financial freedom in the long run. There is no limit to how you can grow in this business, and it is sustainable and gives you long-term independence.
In his E-Com Masterclass, Can Mandir teaches people everything they need to know on how to start and run an e-commerce business. Aside from teaching people how to be experts in dropshipping and e-commerce, Mandir also teaches them the importance of having the right mindset to build a successful business. Can Mandir said that he understands that every individual is unique and requires a different approach to get the maximum result. According to him, he helps each client to choose a niche to find a product and the best supplier for such product.
Mandir also said that he teaches his students different advertising methods such as influencer marketing and Facebook advertising. He revealed that his e-commerce masterclass could help people get returns for their investment within 4-5 months of starting the business. The Masterclass is designed for both beginners and advanced e-commerce traders. Can Mandir attributed his success in the e-commerce business to the e-learning platform with high-quality video lessons for all participants. He and his team of experts also engage in weekly live calls to keep participants updated with the hottest trends and best strategies to navigate the e-commerce industry.
Requirements for Building an E-Commerce Business
According to Can Mandir, to build a successful e-commerce business, one will need to be disciplined, patient, and have the willpower to succeed. You also need to dedicate at least 2-4n hours every day to build your business. There is more to e-commerce than having a brand name, building product listings and descriptions, and then selling products online. People joining e-commerce need to understand the business's ups and downs and how to act in every given situation. In addition, you need to know the techniques deployed to drive up sales during the low and high seasons. If one does not equip himself with this knowledge, it will be difficult to thrive in the e-commerce business.
Email marketing is very vital for feedback and gauging your performance in the business. In the words of Can Mandir, the major barrier to a successful E-commerce business is the individual's mindset. Irrespective of how easier it is to shop online, there are still those who enjoy going to physical shops to get their products. Also, people need to know that the competition is getting stiffer as more people are venturing into the business every day.
There is also the need to always keep an eye on technological trends and how they can impact the business. One of the leading technological trends today is blockchain and cryptocurrency. There is a very high chance that cryptocurrency will play a considerable role in e-commerce in the future. Can Mandir's E-Com Masterclass is a pointer that the industry is a viable one. It also shows that anyone with determination and discipline can thrive in it.