Ryan Moran, founder of Freedom Fast Lane, discusses e-commerce brand building and customer retention with Nathan Latka.
0:00 / 0:33exact quote · 33.5s
720p mp4 · rendered on demand · StarZero watermark
“And taking a sale on Amazon is neither of those. It's taking a sale. It's not taking a customer. When you buy from Amazon, you don't really know who you bought from. You just bought from Amazon, right? Who says, oh, I bought this thing from this company. No, you say I bought it on Amazon. So our process is step one to get to like that first hundred K a month mark that that requires ranking for certain keywords. But beyond that, then it becomes how do we extract these sales and turn them into customers who love us and want to buy from us no matter where we are. And that's how we build what I would consider real company.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Ryan Moran
Disclosure
Moran: Packaging inserts capture Amazon buyer data for external marketing funnels
“The most Simple way would you can put things in your packaging in order to draw attention to other, other websites or other squeeze pages. And that's one of the things we focus on.”
Ryan MoranJan 23, 2016▶ 8:22How To Launch Your First Conference with Ryan Moran of Freedom Fast Lane: Financial Freedom, Personal Growth, and Extraordinary Living
Opinion
Moran: Tai Lopez built a massive audience in 18 months through aggression
“The way that he actually got himself out there was more aggressive than most people willing to do, which is why he has built a very large audience larger than most people spend their lives doing. And he did it in like 18 months.”
Ryan MoranJan 23, 2016▶ 19:20How To Launch Your First Conference with Ryan Moran of Freedom Fast Lane: Financial Freedom, Personal Growth, and Extraordinary Living
Disclosure
Moran: Acquired Capitalism.com for $100,000 on multi-year seller financing
“So it was a 100,000, which I thought was an the steel of the century. It was, and it was also financed. So it's broken up over several years.”
Ryan MoranJun 6, 2016▶ 3:45EP 317: New Dad Does $1Million Per Month on Fish Oil and Bernie Sanders?
Insight
Moran: Amazon's 30% fee is cheaper than most customer acquisition costs
“They take about 30%, which sounds ridiculously high on the surface, but at the same time, if you were to pay for customer acquisition somewhere else, you're going to pay an affiliate more than that. You're probably going to pay more than 30 bucks a head for yo…”
Ryan MoranJun 6, 2016▶ 8:37EP 317: New Dad Does $1Million Per Month on Fish Oil and Bernie Sanders?
AssertionNot checkable as stated
Moran: Amazon's product search ranking is determined by total sales volume
“Amazon's algorithm is all based on sales. So whatever you can generate, as far as quantity of sales, that will determine how you rank.”
Ryan MoranJun 6, 2016▶ 11:09EP 317: New Dad Does $1Million Per Month on Fish Oil and Bernie Sanders?
AssertionNot checkable as stated
Moran: Amazon's algorithm counts any sale over $5 as full price
“It has diminishing returns at about five bucks a unit, which who cares? But if you're able to take more than that per sale, Amazon basically registers that as a full price sale”
Ryan MoranJun 6, 2016▶ 11:35EP 317: New Dad Does $1Million Per Month on Fish Oil and Bernie Sanders?
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 2,600 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.