You have probably discovered eCom Hacks Academy through a Facebook or Youtube ad, and now you are curious to know what this product is all about. Can it really help you build a successful Shopify store or is it a scam?
In this review, I am going to explain everything you need to know not only about the course itself but the strategy.
I am addicted to the idea of building online businesses, but some strategies are just too risky and too difficult to master.
As you will see, eCom hacks Academy is a legit and an in-depth course, but there are many drawbacks. If you want to learn the proven method that helped me reach $1,000+/mo from my laptop, check out my #1 recommendation!
eCom Hacks Academy Review
- Name: eCom hacks Academy
- Website: https://ecomhacksacademy.com/
- Price: $997, $1997, $47/mo (product finder software)
- Founder: Jared Goetz
- Overall Rating: 3/5
Right of the bat we can see that eCom Hacks Academy has been featured on Entrepreneur, Inc., and CNBC, revealing a high level of trust.
That is because the founder, Jared Goetz built a million-dollar Shopify store in just 60 days, generating over $5 million in sales in 2017.
In this article featured at Entrepreneur.com, Jared Goetz claims to have built this site working just 30 minutes per day and shares six steps to creating your lucrative store.
I am sure his achievements will motivate many people to jump into this venture and take action to achieve their goals.
However, that specific article underestimates not only the amount of work required but also the risks that running such businesses entail.
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What is eCom Hacks Academy?
ECom Hacks Academy is a step by step training by Jared, who is going to help you build a successful online store (eCommerce) using a model he created called Dropsurfing.
The membership also comes with a software that automatically identifies hot products and provides done-for-you Facebook ads.
Dropsurfing is similar to Dropshipping, which is the process of ordering products individually from a wholesaler and shipping directly to customers.
The key difference is that Dropsurfing focuses on trending products to reduce competition. Yes, the idea is to sell ONLY viral products that sell fast.
According to Jared, you will be able to make 30%-40% profit without worrying about competition.
Pros And Cons
- Video lessons are well-structured and high quality.
- There is a community (Facebook group).
- New trending products are added every day.
- It saves a lot of time trying to discover trending products.
- It’s costly.
- No-refund policy. All sales are final.
- You will have to spend money on Facebook ads.
- Risky business model.
- Members can compete for the same products.
You will watch a free case study video where Jared starts by saying the traditional Dropshipping and Amazon FBA are dying, and that a new movement called Dropsurfing is rising.
At the beginning of his presentation, he promises to show you how to get your store up and running in 2 hours and start making money within a week.
However, that is just a marketing tactic to entice you to watch the entire video because he will not reveal the path.
Instead, Jared only provides an overview of the knowledge and benefits you will gain if you purchase the eCom Hacks Academy membership.
How Does it Work?
Ecom Hacks Academy is going to cover 3 main stages of building your eCommerce business.
1. Set up a High Converting Store
In this first step, the program is going to help you set up an online store that looks very professional in just 2 hours.
You will outsource most of the work and start operating quickly.
Jared has even disclosed one of his successful stores so you can have an idea of what your eCommerce business will look an excellent.
2. Find Viral Products Proven to Sell Fast
ECom Hacks Academy is going to show you a new way of finding products which, according to the founder, is proven to sell lightning fast.
In the beginning, I thought this was a product research strategy, but the truth is that the new way Jared is suggesting is by using a software that is included in the membership.
The software is called eCom Hacks Product Finder, which you can find at ehproductfinder.com.
eCom Hacks Product Finder has over 500 products that have been selling like “hotcakes” on Facebook. So, all you have to do is browse the list, and choose one that you think will be more profitable.
The great thing is that new products are added every single day.
They provide the following information for each product:
- Product description – You can simply copy and paste it into your site.
- Selling price suggestion, product cost, and profit margin.
- CPA (cost per acquisition).
- Product links to suppliers such as Aliexpress, and Alibaba.
- Facebook targeting suggestions such as country, gender, age group, audience size, and interests.
- Competitor Facebook ads.
- High converting videos you can use in your Facebook ads.
3. Use Facebook Ads Without Wasting Any Money
This is a critical step because in order to maximise your profits, you will need to create advertising that stands out.
According to Jared, they have a system that has been proven to convert.
The system is once again done-for-you.
Yup! eCom Hacks Academy will give you the exact ads you will need to create more engagement and sales. No guesswork here!
Application and Prices
If you want to go ahead, you can book a free phone call consultation that is going to last for about 45 minutes.
I haven’t booked this call, but I guess it’s nothing more than a salesperson trying to convince you to buy into one of the memberships.
There is no pricing information before you arrange that call, but after a quick research, I discovered there are 2 memberships that cost $997 and $1997. In my opinion, that is too expensive!
Is eCom Hacks Academy Legit?
Yes. eCom Hacks Academy is legit, and there is nothing wrong with teaching people how to build eCommerce stores using trending products.
However, there are many drawbacks of this product and business model I would like to discuss below.
1. Unrealistic Expectations
The first issue is regarding the way this business opportunity is being advertised, which may give people unrealistic expectations.
Jared claims that you can succeed by working just 4 hours a week, but the truth is that you will have to grind to see results. Trust me, it’s not that easy!
There is a lot of research and testing to make this business profitable, especially in the beginning when you don’t have any experience.
2. The Risks Are Ignored
Jared claims that you will be able to use Facebook ads without wasting any money.
That is such an irresponsible claim because he can’t give you any guarantees.
In fact, there is a lot of risks involved in eCommerce business and most people end up wasting a lot of money because they simply can’t make enough sales to cover all the costs.
3. Competition is Still There!
Another problem is that by choosing a pre-selected trending product, you will be competing with other people who had jumped in that market earlier and are already making money.
Therefore, the idea of having no competition doesn’t really apply here!
On the contrary, you may face lots of competition, which makes the business model no different than the traditional Dropshipping.
4. The Targeting Hasn’t Been Tested
The FAQ of the eCom Hacks Product finder says all products are well researched before you see them, and all of them are winners.
However, if you pay attention to the targeting section in both product examples in the case study, you will see the following:
“Notice: This targeting hasn’t been tested”
Testing is the only way to make sure the product is a winner. If the targeting group hasn’t been tested using a specific ad, how can they guarantee that a product is a winner?
People have the right to know the rules of the game as well as whether their privacy will be protected.
6. No Refunds
Unfortunately, eCom Hacks Academy doesn’t offer a refund in any circumstances. Those who don’t like the course and think it’s worth the high price tag won’t have another option but accept the loss and move on.
Personally, I would never buy such an expensive course without a money back guarantee.
Although eCom hacks Academy is a legit course, I don’t think it’s a bulletproof method to build a successful eCommerce store.
The business model itself is also something I would not pursue due to the risks.
When you run an online store that sells physical products, you must always be looking for opportunities and spending lots of money to test advertising.
If you are not an experienced marketer, you can waste a lot of money!
Not to mention there all always be faulty products and shipping delays, and because you will have to deal with the customer, this business can be quite stressful.
How I Make Money Online – No eCom!
I almost tried dropshipping last year, but once I became aware of the risks, I decided to pull out.
I had been making some good income with affiliate marketing for 2 years and decided to focus all my energy on what was already working for me.
In my opinion, affiliate marketing is much better for most people because the startup costs are relatively low. Besides, you only need to care about providing helpful content.
There is no need to invest in ads as you will take advantage of free organic traffic, mostly people searching on Google.
So, I make money by writing content on my website and promoting products as an affiliate. When people click on my links and buy a product, I earn a nice commission.
The concept is simple, but there are many things to learn and apply during the process of growing a lucrative site.
If you are serious about building an online business based on the affiliate marketing model, check out my No.1 Recommendation.
The owners Kyle and Carson have developed a remarkable training and community that has turned LOTS of newbies into 6-figure earners.
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Thanks for checking out my eCom Hacks Academy review. If you have any questions, just let me know in the comment section below.
Stay safe and peace out!