Ecom Hacks Academy Review: Are They Worth The $2000 Sign Up Cost?
written byAaron Chen
We Give eCom Hacks Academy
If you would love to learn drop-shipping, then you have probably come across Ecom Hacks Academy, and would like to know why the course charges the $2000 they are asking for. In this review, we will tell you what we think about the course, particularly whether it makes sense to pay them the course fee. In this review, we will cover the following;
- What is Ecom Hacks Academy?
- Who is its founder?
- What does the course teach?
- How much does the course cost?
- Can you make money drop-shipping?
- What are the pros and cons of Drop-shipping?
- Who is the course for?
- Is the course legit?
What Is Ecom Hacks Academy?
Ecom Hacks Academy is an online drop-shipping training course that teaches people how to start a drop surfing business (rather than drop-shipping).
Drop surfing is similar to drop-shipping, except that it is intended to be done exclusively with items that are in high demand on the market.
But, given one of the most fundamental tactics for making money with drop-shipping is to choose items that are in high demand on the market, it’s not really clear how different this is from drop-shipping from their perspective.
Basically it’s the same thing.
Who Is Its Founder?
Jared Goetz became a millionaire before the age of 26. He's had a lot of success in drop-shipping and presently owns five Shopify sites. His biggest accomplishment is he had the second fastest rising Shopify business in 2017 and for this reason, has been featured on sites such as Entrepreneur.com.
He developed this digital drop-shipping program so that he can assist people in launching their own successful eCommerce businesses.
He helps people to learn drop-shipping in a different way, which he calls drop-surfing; capitalizing on current market changes to market items that move very fast.
What Does Ecom Hacks Academy Teach?
The course is very comprehensive and walks you through all the content step by step. He leads you through the precise methodology he used to launch his debut shop, how you can select merchandise, and how to leverage Facebook ads to create $2 million or more in sales during your first two months.
The program is organized as a video course divided into four modules with a total of 46 lessons as shown below;
Module 1 – Structure This module is divided into ten videos. In this first session, Jared gives an introduction of how drop-shipping functions and then leads you through the steps of opening your first business, purchasing a domain, setting up your email and phone customer service, and establishing payment options.
Module 2 – Getting your store to make sales This module is divided into sixteen lessons. Module 2 focuses on raising your conversions, creating email campaigns, providing free product delivery, and driving sales to increase revenue.
Module 3 – All about products This module is divided into four lessons. Once your business is ready to launch, Jared will demonstrate how he finds the trendiest things to market using the drop-surfing approach. The course will teach you what products to go for, how to find them, and how to incorporate them into your business.
Module 4 – All about advertising This is the final module, with 16 lessons.
The course concludes with a discussion of the best strategies to build a Facebook advertising campaign. It discusses topics such as ad design, targeting, and as well as budgeting.
How Much Does The Course Cost?
The cost of the course is structured as follows;
Ecom Hacks Academy costs a one-time fee of $1,999. This gives you access to the entire course. If you're thinking about starting your own drop-shipping business, you should be aware of the additional fees that come with it.
Shopify, which costs between $29 and $299 monthly. Shopify will handle all of your online store's merchant services, add-to-cart functionality, and the listing of your products.
Facebook ads, but this depends on your financial muscle. Minimum budget $1,000 per month to even start marketing with Facebook Ads (yeah it’s not cheap!)
Can You Make Money Drop-Shipping?
As with most other businesses, the more the earning potential, the greater the risks. Before your drop-shipping business becomes successful, you must ensure that all components of the process are in sync. You are likely to fail right away if you pick poor merchandise or get into financial difficulty if you do not budget for marketing and operating expenses.
Having a solid rapport with your distributors and suppliers and streamlining your ad campaigns are key to succeeding in this business. The strategy taught in the course means drop-surfing will include promoting and selling things that are only in a lot of demand for a brief period of time.
You may easily earn revenue from this business, but you must ensure that your distribution funnel is constantly replenished with fresh things to offer.
Good but at the same time A LOT of work for you.
Ecom Hacks Video Review
What Are The Pros And Cons Of Drop-Shipping?
The supplier ships merchandise to where your customers are
You cans use money customers pay to purchase products – no upfront cost to you
The potential to make money can be big provided you can find trending or fast-moving products
Initial investment is large ($5k - $8k to start)
You will always need to spend money on ads like Facebook and various other sites
Low profit margins requires you to make lots of sales daily which means a ton of work managing lots of transactions
You need to handle ALL the customers service when your customers ask for refunds and have issues
Who Is The Course For?
If you want to spend $2,000 for a decent drop-shipping training program, then go for this course. Their lessons are quite simple and straight forward although some of the training is already outdated which can be an issue.
Is The Course Legit?
Definitely, Ecom Hacks Academy is a genuine course. There's some very valuable material here that may help you chart your way to making money drop-shipping, especially if you're a newbie.
However, we do not encourage the drop shipping model in general as it is expensive, has low profit margins, and requires a lot of customer servicing on your part.
I do feel that if you are to start a business online, it’s important to take into consideration a few things…
Barrier To Entry
There is one business model that beats Amazon FBA in ALL of these areas.