Hey,
It’s rainy here in Houston and I spent the day working at home. My husband got a new recliner and I’ve been camped out on it in the living room, trucking away, working a long, productive day.
I started hearing about one-product stores in Shopify dropshipping days, years ago, when this first started getting ramped up.
It’s just what it sounds like.
A store with just one product.
It didn’t particularly make sense to me. When I’d visit e-commerce stores, they were full of products.
How could a one-product store be thriving?
I shrugged, put the thought out of my head and then suddenly, years later..it clicked…
The powerful one-product stores
I asked ChatGPT:
Basically, you get to focus on just one thing and get good at selling just that one thing.
You can become an expert in that product, help convert sales better and faster, and customers don’t have to make a choice.
They come to your store, they only have one thing they can buy, or not.
It’s temping to add more products. Sometimes accessories or upsells can be added, to increase the cart value.
This works.
But in all, one product.
One product digital marketing stores
This is when it clicked for me…
I started noticing the most highly-paid digital marketing Instagrammers in my industry only had one thing in their store.
One product.
It could be a high-ticket course. Or, a low-ticket guide. Or, a mid-ticket product.
I’ve seen a marketer sell a $37 product hundreds of times a month. She makes $11K/mo from it.
I’ve seen another marketer make $12K to $15K month selling a $499 marketing course.
And, another master a $77 product, making $63K in one day during his launch. (He previously had many products in his store and took them all out for one signature product)
I saw another marketer sell her $37 (this seems to be a magic number) content course for $16K/mo.
I could go on and on.
It works. It really works.
And, I’m proof….
I have many products, don’t get me wrong.
But, on one TikTok account of mine. It’s niched. I speak about one thing. Only one thing.
And, sell, only one product.
And, it sells, over and over again.
To the tune of four figures a month. Every.single.month.
Like clockwork.
It’s so effective, I’m thinking about scaling back my main digital marketing account to remove the 6 to 8 products currently there and just focus on one.
So tempting.
Check out this convo in Reddit about it…
And what this Redditor said:
Should I do it? One product store for my main digital marketing account?
Enjoy the rest of your week!
Best,
Jenn
The trade-off is the risk of demand changes when you have no diversification.
It just means you need to resist spending everything the one product store earns, and carry on building other income streams.
I’ll bet we’ll see a lot more of these.