Oodie Owner Reveals Secrets

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2 жыл бұрын

I said to Reddit, Ask me anything! They did, and here are the results.
Hi, I am Davie Fogarty, the owner of The Oodie and 7 other million dollar brands.
Join my Mentorship Program: 👇
/ @daviefogarty
The Daily Mentor - Scale Your Brand To 8-Figures & Beyond, From Real E-Commerce Experts Who’ve Built $100M+ Brands: www.dailymentor.co/
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Reddit is a booming social media platform with its own way of doing things. Conversations are categorised into subreddits based on various ideas and topics. The comments sections of these subreddits can provide meaningful insights into customer tendencies, likes and dislikes, and a whole heap more!
It’s also a great platform to have a voice and talk about your expertise. This is exactly what I did with this Ask Me Anything (AMA) segment. People asked some great questions, and I gave some highly technical answers to help our whole community.
00:30 - How much is my profit margin?
01:46 - Can I do an in-depth Facebook Ads video?
03:04 - How to scale with little outside funding?
05:12 - Why I stayed private about my success
06:52 - Scaling from 0 to a 1 million dollars
07:46 - A word on the seasonality of The Oodie
08:42 - Should beginners stay away from the US market?
09:49 - Using freelancers in your business
11:45 - Applying lean startup principles
13:05 - My favourite youtube video to film
13:40 - If I could go back in time and change one thing...
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Join my Facebook group - ‘How To Build A Million Dollar Brand’: 👇
/ 295119692414466
DISCLAIMER: The content provided in this KZfaq video is for informational purposes only and should not be considered as professional advice. Any recommendations, reviews, or opinions expressed are based on personal experiences and research, and individual results may vary. Viewers are encouraged to conduct their own due diligence and consult with relevant professionals before making any purchasing decisions or implementing strategies discussed in this video. The creator of this content shall not be held liable for any direct, indirect, incidental, or consequential damages arising from the use of information presented herein.
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Optimonk 👉 www.optimonk.com?p_id=58318642
Peel 👉 app.peelinsights.com/r/davief...
Postscript 👉 postscript.grsm.io/TheDavieGroup
VidIQ 👉 vidiq.com/daviefogarty
Drop a comment below if you’ve got any questions, feedback or videos you’d like to see in the future! I’d love to know.
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#daviefogarty #ecommerce #businesstips #reddit #ama

Пікірлер: 124

@SteveMiguel 2 жыл бұрын

The last 30 seconds of advice is gold Davie. There is so much pressure for guys to have the house, car, body, and all that material stuff. It doesn't make you happy at all. Finding piece is so important! Keep doing you man, you're gonna change the world with your stories/advice.

@DavieFogarty 2 жыл бұрын

Appreciate it and thanks for following the journey!

@web3tycoon Жыл бұрын

peace brother😎 thanks

@wisemanservices5480 2 жыл бұрын

so excited for this one , i want just to say something kinda funny Davie you look like thor of e-commerce 😂 thnx bro learned so much from you

@latella278 2 жыл бұрын

Haha, nice one. It's actually a good compliment. No offence to Davie of course. I absolutely love his content.

@karandawani5304 2 жыл бұрын

Thor of e-commerce 😂

@DavieFogarty 2 жыл бұрын

Haha appreciate that. 😄

@Mak12368 2 жыл бұрын

I like how you have time stamps in your description. It helps a lot. Thanks

@perry.672 2 жыл бұрын

Your beginner Facebook ad video has gave me a 13x roas! Will you ever make a video on how to scale ads after testing?

@DavieFogarty 2 жыл бұрын

We will identify the demand for advanced strategies, and decide from there!

@kanakkhandelwal2740 2 жыл бұрын

3 content request: 1. I hope you can talk about your businesses from an organisational level. I have also started building a brand with the lemon scrub. 2. Need to understand the department wise distribution of workflow so that I can hire people accordingly. 3. Numbers to set realistic expectations like: when can we expect to be profitable; what NET profit margin should we aim for; how much time should we invest in a product (want to know when to give up); how much sales can we expect from a niche product (subjective yes but ballpark); when should we hire

@dopemusic6414 2 жыл бұрын

Dude you're over complicating things. Just start selling one item then two and grow it. You don't need to worry about all that crap you mentioned. You're number one goal is profitability.

@elvis6911 2 жыл бұрын

Seems am a little late, but I'm following you from Kenya, you are a great inspiration to me and many others even in Africa 🙏

@vanshbatra745 2 жыл бұрын

Learning a lot about e-commerce through your channel and everyday moving forward towards my dream.

@crazeedandan 2 жыл бұрын

Davie! Thanks for keep inspiring us. I am going to be launching my product soon, waiting for my sample so I can market it and do a pre-sale. Hopefully your next video would be about things that makes YOU happy. Travel, dog, friends, family, anything.

@DavieFogarty 2 жыл бұрын

Sounds good! Be sure to keep a bank of questions that I can assist you with in the next live! It's always exciting to launch a new brand!

@deepankarchaudhary887 2 жыл бұрын

HI, Can you suggest what would be best way to run ads for coupons, for 200+ brands.

@zombietrading 2 жыл бұрын

One of the best ecommerce content on KZfaq right now!! Thanks Davie :-)

@DavieFogarty 2 жыл бұрын

Glad you like it :)

@animos9377 2 жыл бұрын

You are the god father of E-commerce brands i'm from morroco and i really like your content

@alomo3814 2 жыл бұрын

Always a pleasure to watch your videos. Extremely beneficial content. Your a very genorous person. Keep it up👍

@user-ef9hq6nh3z 2 жыл бұрын

Love your videos ! Thank you so much :) I had a quick question about internationalisation, what do you use to internationalise a shop you already have in Australia? Shopify Market or do you recreate a Shopify account? Thanks for your time!

@DavieFogarty 2 жыл бұрын

If you are talking about taking your store to the international market, then you can create sub domains of your biggest markets (US,CA,UK) and then recreate the store but in native currency to increase the conversion rate.

@user-ef9hq6nh3z 2 жыл бұрын

@@DavieFogarty Thanks a lot for your help Davie 😀 So it is necessary to create a new shopify store with a new shopify account ?

@DavieFogarty 2 жыл бұрын

@@user-ef9hq6nh3z You can either do it using shopify plus with subdomains or create separate stores and treat them as individual businesses.

@alfredbangsal9677 2 жыл бұрын

This is super great Davie! I'm starting back in ecommerce again. Thanks for this you are authentic and love your stuff.

@DavieFogarty 2 жыл бұрын

Good luck with it all!

@michellomusic 2 жыл бұрын

I’d love to have a quick 1-10 step process from finding your product to retaining customers..like breaking down the oldie flywheel a bit more just so that all my I’s are dotted and t’s are crossed along the way and haven’t missed anything g major or obvious. As a guide.

@michellomusic 2 жыл бұрын

By oldie I mean OODIE

@shayekhabedin4462 2 жыл бұрын

Last thought was so provoking! "Someone I didn't need to be... finding peace instead"

@alex_canton 2 жыл бұрын

This was so good Davie and your very last point not even about ecommerce, was very humbling. I'm fascinated to know what your MBTI personality type is? INTP? If you ever come to the Gold Coast would love to share a beer.

@shanesmith5551 2 жыл бұрын

INTP gang! Probably a good amount of us on this side of the internet

@koaladoeseverything 2 жыл бұрын

"More like this 🤓" ~ Aussie

@mrditkovich7213 2 жыл бұрын

Really appreciate the in depth answer Davie!

@haseebamjad1854 7 ай бұрын

So much Value, THANK YOU :)

@gerrykelly1197 2 жыл бұрын

Davey, are you open to looking at other websites & giving feedback on your AMA?

@anindyamunshi7715 2 жыл бұрын

P lease tell me whether i have to invest in arbitrage in case of starting a dropshipping business? can I work as an affiliate for the arbitrage rather than buying the products?

@homesbydanielalex 2 жыл бұрын

What would you say is the most important thing to do for someone who just started a brand, took me about 2 months to plan, make my designs, launch the first campaign which his November 26th. From that date, and from my second drop (release) on January 29th, it's about 60k in revenue and 100% in margins, I'm currently spending money on ads for instagram promos, but that's about it. applying the same thing for the rest of the year, but idk what to pin point on and focus on the most

@DavieFogarty 2 жыл бұрын

If you have identified a product that your community loves, then you should now be focusing on expanding the number of eyes that can see your brand. You should be focusing on scaling your brand using paid advertising.

@netrowex 2 жыл бұрын

Great content as usual, keep it up Davie!

@trangnpt Жыл бұрын

Everyday I am thankful for the internet. Because it helps me to be able to learn from awesome people like you around the world. Thank you so much!

@alii929 2 жыл бұрын

Amazing content so much knowledge, just one comment, the video editing is very fast paced, no need for so many effects, dont worry you wont get us bored i speak for myself bur i believe many others are like me loyal viewers who binge watch, the ideas u discuss are so important one needs time to fully process and assimilate this knowledge, all the effects can be distracting at this level of intellectual content. Much love Davie thank you soooo much for the knowledge and wisdom you are sharing

@DavieFogarty 2 жыл бұрын

Appreciate the feedback!

@EnricoBorin 2 жыл бұрын

Hi Davie! Can I ask you for an info? Could you tell the numbers for a good MOAS and good ROAS? Thanks 💪🏻

@amity3d 2 жыл бұрын

Very awesome information. I’ll be watching all of your videos. Thank you! Do you have any book recommendations for entrapaneurs or business?

@DavieFogarty 2 жыл бұрын

Lean Startup. Book review coming soon :)

@amity3d 2 жыл бұрын

@@DavieFogarty Awesome man thank you!

@pablocash2585 2 жыл бұрын

🐐🐐been watching your videos and plan on setting up my own business

@DavieFogarty 2 жыл бұрын

Good luck with it all!

@laapapapa6388 2 жыл бұрын

You are the world's most underrated youtuber!!!

@junaidahmad195 2 жыл бұрын

Can you recommend some CRO experts for e-commerce like you previously recommended some email marketing experts in one of your video.

@kiungaskiung5836 2 жыл бұрын

So as I have fully invested my time for 3/4 of a year to learn fb ads I now wanna help small business owners/ local shops to get more customers in this time of the pandemic, yet I am afraid to mess up and actually not make any profit with the adspendmoney they’ll give me… I know though that I need practical experience haha. Amat suggestions? Cause eventually I need to finally start making some money with this, just out of momentary shyness I thought about just starting my own drop shipping/ brand so I can experiment at my own cost… but this feels not like the original intention I had went out for which is aiding those who can’t stand much of a competitive chance against those big online titans like Amazon. Any help/ suggestions? 🤣

@nigelleon6995 2 жыл бұрын

Thanks, very informative video!

@filesken7531 2 жыл бұрын

I’m 23. A foreigner living in Ukrainie. I aspire to be build a brand in USA or Australia. I don’t know how. I can definitely start with a little savings. But if things go wrong, I’ll be dead broke for months to come. If you were me with these aspirations, how would you go about it? I really hope you’ll reply. Thanks in advance

@chhayhenglov4822 2 жыл бұрын

thank of your sharing, I saw all your video, it help me a lot in idea I have a question as well :) why you create different website for each brand rather than combine them is one website? I think, if we combine together we can save a lot of resource like branding, acquire new customer, operation... (just my idea)

@DavieFogarty 2 жыл бұрын

Each brand has a native community specific to its niche. Every customer has their own wants and needs and by separating our brands, we can design a unique message that will turn that customer into a long time raver of the brand itself. If you combine everything into a general store, you will lose your brand value and unique messaging that separates you from your competitors.

@a9out 2 жыл бұрын

Your clothing store on metaverse and the nft series will be 👌 dope

@georgieabbott6329 2 жыл бұрын

Would love your advice for scaling a CBD brand as you cant do any sort of advertisements in the UK? Thanks for the video!

@DavieFogarty 2 жыл бұрын

Unfortunately that niche has been banned in most advertising methods so you would need to build organic word of mouth.

@the_night_sky777 Жыл бұрын

You're one of my favourite ecom channels!

@nemesiscaym 2 жыл бұрын

watched many paid courses (didnt pay a single penny for any of them, of course :D) , but if i am ever going to start an ecom bussines, it will be because of this guy

@timsok 2 жыл бұрын

Great vibes brother

@tomasdelgado2300 2 жыл бұрын

i'm glad i made you laugh davie 🤣🤣 13:38

@philipbuffett3030 2 жыл бұрын

lmao

@welyyang 2 жыл бұрын

Can you make a video on the topic of making our own website vs just selling on a marketplace like Amazon? The pros and cons for example?

@DavieFogarty 2 жыл бұрын

Amazon is a place for commodities and your shopify website can be considered a brand (not always!) When selling on amazon, you will have to compete on price in most cases as opposed to having your own website which allows you to market from different angles.

@welyyang 2 жыл бұрын

@@DavieFogarty Thanks for the Reply 😁👍

@hariz8719 2 жыл бұрын

Thanks for sharing, Davie!

@blueberry7629 2 жыл бұрын

Plzz make more videos like this one.

@hajjiaziz8097 2 жыл бұрын

simply amazing

@Straf3d 2 жыл бұрын

nice editing homie

@DavieFogarty 2 жыл бұрын

🤙

@16thxvi18 2 жыл бұрын

A good content could be making a business plan. I wish you could do that davie love the content will really help me.

@arafwho 2 жыл бұрын

Does anyone know how to add the testimonial on 2:34 to Shopify?

@DavieFogarty 2 жыл бұрын

That was done using custom coding as opposed to any app you would normally use.

@TheAivons 2 жыл бұрын

What OKR software do you use?

@DavieFogarty 2 жыл бұрын

We use Monday and custom build a platform for our needs accordingly.

@dinosaurizedanarmystore8629 2 жыл бұрын

great video thank you Davie

@koaladoeseverything 2 жыл бұрын

Hey Davie. I'm in Australia and am wondering how the more technical side works. How much tax to I have to pay making 200,000 aud annual income. I know your not an accountant but any help will be appreciated.

@DavieFogarty 2 жыл бұрын

Unfortunately cannot advice you there. You will need to get the assistance of an accountant.

@koaladoeseverything 2 жыл бұрын

@@DavieFogarty That’s fair mate. Appreciate it

@mohammadalsafarti3735 2 жыл бұрын

Hi Davie.. Actually something cool happened to me, I wanted to start branded dropshiping but when I told my father's close friend about this Idea (he's millionaire) he told me just order a bulk order from the beginning and I will invest with you and make you my partner and take you with me to UAE to apply it there, so actually I don't know how to start, should I order a whole bulk order right after the samples or what is the best process to do, his budget is open he told me you can spend whatever you want. So please can you give me a good advice

@dianajimenez309 2 жыл бұрын

That’s great! If I were you I will Register trademark, buy samples, order 500 units to test the product in Australia. If the sales going well re-stocking with 1000 and launch a second product of the same niche, repeat the process! Good luck with that decision, always think big !

@mohammadalsafarti3735 2 жыл бұрын

actually we will start the business in UAE and if it worked I will order to USA,UK,AUSTRALIA warehouses and start making my brand international

@dianajimenez309 2 жыл бұрын

@@mohammadalsafarti3735 excellent, I recommend to start in Amazon there, if every is going well jump to Shopify keeping both platforms and after the rest of the countries. Great and easy 👍

@mohammadalsafarti3735 2 жыл бұрын

amma do shopify and amazon together in UAE then when I want to go out of UAE I will sell just at Amazon on those contries

@funnyzumbija643 2 жыл бұрын

Thank you Davie

@sleepyavocado8588 2 жыл бұрын

One of the best video on your channel!

@DavieFogarty 2 жыл бұрын

Glad you think so!

@IvanDimitrovGiovanni 2 жыл бұрын

Link for the software is missing :) please post it.

@DavieFogarty 2 жыл бұрын

Just updated sorry about that!

@ecompaulw 2 жыл бұрын

Just a really likeable dude. Keep doing what you do, mate.

@DavieFogarty 2 жыл бұрын

Glad you can enjoy the content!

@potatohead6470 2 жыл бұрын

it's been 1 week my store got zero sales :(

@DavieFogarty 2 жыл бұрын

Always be testing! Identify where you are losing your traffic and fix it accordingly.

@spartanray2173 2 жыл бұрын

Hey Are dropshipping agents good for helping you in your business? 🤔

@DavieFogarty 2 жыл бұрын

They are helpful, but you will need to be doing volume before they will be helpful to you.

@vivianvelazco9287 2 жыл бұрын

Davie! You’re such an inspiration!! Thanks for all the content you put out there! Where would you recommend us to learn from for the most advanced FB ads set ups? Any course or book that you trust?

@DavieFogarty 2 жыл бұрын

I have an advanced tutorial in my playlist, check it out.

@AmitKumar-cu1ni 2 жыл бұрын

Please make a video on *project management*

@DavieFogarty 2 жыл бұрын

Thanks for the idea!

@ToopG238 2 жыл бұрын

i love you man your great

@gareththomas3234 Жыл бұрын

I listening to you man

@procricket1795 2 жыл бұрын

How Can I contact You to get some advice ?

@DavieFogarty 2 жыл бұрын

Best to go to the group and discuss your questions there! 👉 facebook.com/groups/howtobuildamilliondollarbrand

@procricket1795 2 жыл бұрын

@@DavieFogarty thanks u davie

@Usq7213 2 жыл бұрын

love the video!

@chrislewis3322 2 жыл бұрын

I keep watching but still havnt started :( .. This is my weakness.

@ljubishatrajkov8473 2 жыл бұрын

You're the best dropshipping youtuber. Amazing energy.

@jiro8233 2 жыл бұрын

You're an absolute legend Davie. I hope I'll be successful enough to meet you face to face one day

@diegobricio96 2 жыл бұрын

Davie what happens if I target BROAD on FB Ads and my ROAS is just bad after the third day. But the product is actually a good product just that it's not being targeted to the right people...

@DavieFogarty 2 жыл бұрын

You will need to keep testing and helping Facebook to identify your key pockets that will purchase your product. Keep playing with it as you go but also give it time to spend depending on how much your budget is per day.

@diegobricio96 2 жыл бұрын

@@DavieFogarty thanks Davie! I appreciate you taking your time to answer. By keep testing you mean start messing around with interests instead of broad?

@HemuleOG 2 жыл бұрын

You are way to professional to have a random candy on your clean desk. How much they pay for this kind of ad or is it your own brand?

@DavieFogarty 2 жыл бұрын

Haha I’m addicted to sweets 😂

@zarrox468 2 жыл бұрын

Hello, you no longer do the subtitles? I speak francis it's easier haha

@DavieFogarty 2 жыл бұрын

Hey it's coming up!

@zarrox468 2 жыл бұрын

@@DavieFogarty Perfect thanks ! :D

@niklaslemke6093 2 жыл бұрын

davie i love you

@laurenhess9723 2 жыл бұрын

David "im going to answer everything you guys ask" David "doesn't answer the profit question" what is your profitability on 270 M revenue for the oodie?

@kingmannar69 2 жыл бұрын

Dick 10-20% from 270 is the profit

@noahwade 2 жыл бұрын

Suiiiiiiiiiiii so excited

@latella278 2 жыл бұрын

Hey Davie! How do you think of products that could solve a problem and how do you think of the problems just like your brands solve? Thanks Davie! Edit: Could you please reply instead of hearting this comment as this question is really important for me as I'm trying to create my own brand. Thanks man!