Chris Wane is a highly successful Entrepreneur and Online Coach based in the UK. His start in the ecom space was fast and big as he made his first $15,000 in the first 6 weeks of launching his first ever product. After a few failed attempts at dropshipping he has now been able to generate over $700,000 from his stores. In an effort to spread his growing knowledge, Chris is also a successful educator with his own Advanced Dropshipping Academy Course. We are lucky to have Chris with us to do an interview for Sell The Trend.
When did you start out in ecom?
STT: When did you have your first big success/winning product? what was the product?
CW: My first big success came with one of the first products I launched on my general store. It was with a pair of cycling glasses and I managed to generate over $180,000 with that one product.
STT: How much did you make on your first winning product?
CW: The cycling glasses generated $180,000 in sales over a 4 month period. After advertising and product costs my profit was around $43,200 (24%). It could have been a lot higher looking back because my knowledge of dropshipping and Facebook advertising has grown substantially since, I definitely left a lot of money on the table!
STT: Did you buy any toy/toys with your earnings?
CW: Over the entire time I’ve been dropshipping I’ve earnt enough to pay off my car and mortgage so I’m pretty happy with that but I’ve never really been someone who wants flashy toys as such. The most expensive thing I’ve bought myself was a 3 week road trip from New York to LA. It’s always been a dream of mine to do a coast to coast road trip so that was really the only thing I wanted to buy!
STT: Were there any hard moments/times before you made your breakthrough that you would like to share?
CW: Yeah, all the time! It took 5 failed stores attempts to even make my first sale but I was really passionate about making it work so I spent all my free time learning everything that I could so I could be successful with it. Even after I started making consistent profits I still made mistakes early on. I lost over $3,000 in one weekend because I did something wrong within Facebook. That mistake is one of the main reasons why I tell people to learn how to do this rather than try and figure it out on your own. Having a tutor who can show you how to advertise the right way can stop you making the same mistakes I did and save you thousands of dollars in the process.
STT: I saw the awesome video you did on Sell The Trend. What’s your favorite part or feature of our app?
CW: I really like how you can see the orders trend over time and also what the actual value of the sales are. The interest targeting suggestions are also really useful for people who are just getting started because knowing what to target is always tricky when you first start dropshipping.
STT: What is something that most people don’t know about you and they would be surprised to find out?
CW: I was recently travelling back from Budapest and my plane fell 24,000 feet in under two minutes and had to make an emergency landing because of engine issues. Funny thing is, I didn’t have a clue it was happening. I was watching Two and a Half Men on my phone with my headphones in and didn’t feel or notice the panic that was going on around me until we were about to land.
STT: What does a typical day in your week look like?
STT: What do you like to do when you are not working?
STT: What is the most important piece of advice you can give to new entrepreneurs starting out today?
STT: What are you plans for the next 2, 5, 10 years… what is your future vision for your business?
STT: Anything new you are working on that you are excited about?