It’s not a secret that you can make money online with an ecommerce business, and you don’t need to pay $1995 to learn how.
Ecom Profit Masterclass by Richard Telfeja is an eCommerce training program.
If you’ve come here, you undoubtedly want to know whether or not this training course is a scam or not.
This review will provide an answer to that question.
By the end of this article, you’ll know whether or not Ecom Profit Masterclass is perfect for you. Let’s get started!
eCom Profit Masterclass is pretty much your standard dropshipping course.
If you’ve followed my blog for long, you know that I don’t like dropshipping as a business model for a few different reasons.
That being said, it IS possible to make money with it, so I want to give you an honest review of this particular program.
But first, let me clear the air on one important thing:
Dropshipping has never been – and will never be – a passive, recurring business. No matter what the guru might tell you, it requires constant work.
I’m telling you this from my own personal experience running several dropshipping stores on both Shopify AND Clickfunnels.
If you’re looking for a business that you’ll need to be super active in, dropshipping might be for you.
If you want to make money while you sleep and travel the world, dropshipping just isn’t it.
The main reason?
To have real success with dropshipping, you need a bulletproof system for finding the hottest new products before anyone else.
In the very best case scenario, you have a relationship with your supplier, where they give you a heads up on products that are about to pop. These relationships don’t typically come around until you’ve done 6-figures in business with the supplier.
In the worst-case scenario, you’re testing a bunch of products with ads, losing money until you find that one winner.
I’m not saying dropshipping is a bad idea based on that alone… most businesses require you to lose money before you actually make money, so it’s somewhat normal.
But let’s assume you DO in fact have the next fidget-spinner craze product, months before anyone else knows about it…
That’s great! But now you’re gonna need to get people to buy it.
- Tens of thousands of dollars in ads
- Tons of time spent split testing to find the best landing page variations, best product descriptions, best ad copy, best ad videos, etc.
Again, some people thrive on that and love it. So if you’re looking for that level of constant testing and gambling, it might be a good fit.
It’s also worth calling out that Facebook has a track record of banning you FOR LIFE from advertising on their platform for dropshipping.
Think about it: it ruins a user’s experience with Facebook when a product shows up 45 days after they’ve ordered it, and is nothing like the product they thought they were buying.
So Facebook would rather ban you from their platform than risk a bad user experience.
Suffice it to say, it’s a lot of stress for not a lot of payback.
As someone that actually ran a dropshipping business, I can tell you from personal experience that your time can be better spent with other business models.
If you’d prefer a business model that generates recurring, semi-passive income, you may be interested in becoming a Digital Landlord.
- No sketchy suppliers
- No razor-thin margins
- No banned ad accounts
- No super angry customers
- No spending $10K testing an ad campaign
It’s something that you could make anywhere from $2,000 – $10,000 with consistently, month after month.
A stream of income that you can build as high (or low) as you feel like building it.
If that sounds interesting, you might want to think about becoming a Digital Landlord.
For the eCom Profit Masterclass review, let’s keep reading.
What Is Ecom Profit Masterclass?
Ecom Profit Masterclass, a six-week online video training and one-on-one mentoring program, claims to teach you every step required to create and grow a huge, lucrative Shopify store.
Who Are Laz Chavez & Richard Telfeja?
This digital eCommerce company is run by Laz Chavez and Richard Telfeja. They both started their ecommerce business while still in college and said they were pretty successful. Additionally, they claim that their sales totaled more than $200,000.
They can also teach you about eCommerce business on their WealthyLeads YouTube channel. However, their site is not very popular, with only 3,32,000 subscribers and an average of fewer than 500 views for each video.
How Much Does Ecom Profit Masterclass Cost?
Ecom Profit Masterclass is very costly, almost $2k. You’ll also get pre-made Shopify themes, access to their private Facebook group, and personal consultation from Telfeja.
Is there a money-back guarantee? Yes. To get a full refund, you must take the following steps:
- You must finish the course.
- Submit one of the following per week to their Facebook group:
- Success Story
- Make a shop
- $2,000 Google Ads
- 30 days after purchase
What Are Ecom Profit Masterclass Bonuses?
You also receive a handful of bonuses worth thousands of dollars. Here’s what you get:
This theme is advertised as worth $997, but that’s not true. The greatest Shopify themes don’t cost more than a few hundred dollars.
Private Facebook Group
A Facebook group could be somewhat useful. Since the only people asking and responding to inquiries are usually newbies. Although you might meet a reliable person to network with, this Facebook group is worth less than $997.
Again this may seem incredibly useful, but it’s not that exceptional. It’s not one-on-one and not worth the $1997 they say it is.
How Does Ecom Profit Masterclass Work?
The course is divided into modules that work as instruction or training. If you want a refund, remember that you must finish the course within 30 days.
Module 1: Shopify Set-Up
They will show you how to build up your Shopify store from the beginning. In addition, they will teach you how to build your logo, handle all the legal pages, and link your website to your business.
This includes installing themes and applications and tracking your website’s metrics. This module of the Ecom Profit Masterclass will teach you:
- Setting up an internet business for a total newbie.
- How to set up your internet store’s backend without any coding?
- Setting up a domain and email forwarding.
- How to create legal pages without attorneys.
- Installing the proven-to-sell theme.
- Theme customization and design without designer expertise.
Module 2: Zero Risk Products
Researching your items is the focus of this module. In addition to teaching you the basics of dropshipping, Telfeja will also show you how to source items for your business, discover suppliers, and assess goods. In this module of the Ecom Profit Masterclass, you will study the following:
- How to identify successful products using research tools.
- Find merchandise on many websites to avoid inventory purchases.
- Where to identify low-cost suppliers?
- How to get them into your shop
Module 3 – Products
There are 9 Module videos in this section. It all starts with Oberlo importing products from Aliexpress. The video also discusses the benefits and drawbacks of both specialist and general retailers.
You get a 7-minute tutorial on how to search Aliexpress for products. Yes. There are no alternatives. Adding products to your shop (obviously from AliExpress), putting products in a collection, changing the product page theme, editing, and setting up your checkout.
Module 4 – Advanced Product Research
This section has three videos on various tools. Commerce Inspector is used to locate things sold elsewhere.
Another technique offered is Turbo Ad Finder, a free Facebook browser extension that hides all organic posts and only reveals sponsored ones. This is then used for product research.
Dropship Spy ($20/month) This tool uploads two things every day that sells well. Doesn’t the market get saturated if everyone utilizes this tool? This module’s list includes:
- Methods for setting up Google Adwords and Merchant Center account setup
- Familiarizing yourself with the Adwords platform
- Setting up conversion tracking
Module 5: Google Ads Setup And Optimization
They continue to show you how to optimize your ad for optimum value in week 5. It’s a fundamental comprehension of a platform and a guided tour. In this module of the Ecom Profit Masterclass, you will study the following:
- Create Google Ads
- Ways to earn money with $20 advertisements
- Enable automated product testing on Google Shopping
- Store scalability blueprint
Module 6: Order Fulfillment
You’ll find 3 short videos about order processing or how to order things for consumers following a sale. The emphasis is on Aliexpress fulfillment, and another video is on Oberlo order fulfillment.
Module 7: Configuring Accounts
Set up Google Ads, Google Merchant Center, and Google Shopping data. However, having everything all in one place is convenient.
Module 8 – AdWords
An introduction to AdWords and the Merchant Center, based on theory. Again, comparable stuff exists online, and it’s just theory. It’s also a brief part, with three films totaling 4 minutes each.
Module 9 – Conversion Tracking
This session will help you with the fundamentals of monitoring conversions using the Google conversion tag. Create and install the conversion tag. Other sources of theory and substance.
Module 10 Product Research
You can find the “right” items for Google by using popular and trending products, competing for products that are cheaper than Facebook ads, and doing a lot of searches.
These videos contain a variety of lessons from the previous courses, not only theoretical ones. You learn how to promote and find things from it. There are only four videos in this category, with the shortest being 4 minutes and the longest 20 minutes.
HUGE product research! After all, you know that finding the correct items is your greatest challenge, right?
Module 11-Campaign Setup
This section explains Google shopping targeting. This part is decent and raises several excellent issues. You’ll also learn to get your paid ad in the top 2, which isn’t tough. Other videos include ad quality scores and product syncing. Some theories here and many facts online. e.g., “how can you earn money with Google Shopping?”
Module 12: Shopping Campaign Optimization
Learn how to maximize your campaign and budget. The removal of non-performing keywords (costing you money) is also highlighted.
Module 13: Google Search
This lesson has two videos on Google Search and using shopping data.
Module 14: International Expansion
This session will educate you on how to expand your business internationally, at least in the key markets. Regardless of where you are from, pay attention to the US first because it is the biggest market, but don’t ignore other countries.
Are There Alternatives To Ecom Profit Masterclass?
Yes, there are plenty of eCommerce programs and resources to choose from if you want to pursue this business model. Here are just a few:
Is Ecom Profit Masterclass A Scam?
So, time for the question you’ve been waiting for: is Ecom Profit Masterclass a scam?
No, not technically speaking. They aren’t going to take your money and ride off into the sunset without delivering you access to their course.
It’s 100% possible to make money with this program, but it’s not nearly as simple as Richard Telfeja and Laz Chavez want you to think it is.
There is A LOT of upfront work to do, and no guarantee of success.
Don’t get me wrong – I’m all for doing hard work now so that I can collect checks in the future.
But if I’m going to spend 3 months of my life working super hard & spending thousands of dollars just to break even… it’s just not worth it (in my opinion).
Think about it: what if you worked that same 3 months with just an hour or two per day, and in return, you could collect a $500-$2,000 check that continues to come in every month?
Even better, what if you could actually get that first check in as little as a week?
And what if you could double or triple it over the next month or two?
That’s what you get when you rent digital properties as a Digital Landlord.
All you really need is a laptop and some internet.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation For Making Money In 2023?
I’ve personally tried all of the major online business models:
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve drop-shipped jade rollers via Clickfunnels
- I’ve sold fidget spinners through Amazon FBA
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) Ownership & Control: With dropshipping, you don’t actually own anything. You can’t control your product quality, or even what the package looks like when it shows up.
Technically you own your Shopify site… but ad platforms could shut you down at a moment’s notice… so you don’t really have much control there.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
3) Fulfillment: Alright, so you don’t have any inventory… but that worry has been replaced with the pains of overseas fulfillment.
That means your customer is going to have to wait 3-4 weeks to receive their order.
Then add in the current global supply chain woes… and you’re looking at 5-6-7 weeks!
Then the customer slaps you with a refund, and all of that time spent testing and spending money on ads was for nothing.
You don’t have to worry about any of that when you’re renting out digital properties.
4) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with dropshipping, you would need to sell twice as much inventory or double your profit margins. And I can guarantee you (from my Shopify dropshipping days) that’s a lot harder than a few clicks & a phone call.
5) Big Margins: With dropshipping, you’re often going to have really slim margins. That means you need to hit a serious scale to make serious money. This usually entails spending A LOT of money on ads and other methods for growing traffic to your product.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
6) You’re Helping REAL People: My biggest gripe with dropshipping is that you’re usually finding some product that’s complete garbage and tricking people into buying it. It provides no real value to them or the world in general.
It’s cool in the short term to make a quick buck, but in the long term, it gets really old, really fast.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with.
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other dropshipping programs like Ecom Profit Masterclass, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.