Today we will be reviewing a program known as Ecom Capital. Is Ecom Capital legit? Find out in this Ecom Capital review.
A 9-to-5 work could be pretty exhausting, especially if you’re underpaid. The employment market has grown increasingly competitive as a result of the pandemic. That means that you can’t simply get up and quit your job.
Even if you are planning to go looking for a new job, finding one that is a perfect match for your skill set could be quite challenging. Furthermore, even if you manage to find a new job, obtaining the salary you want may take years.
Apart from that, you’ve almost certainly thought how to boost your income without requiring you to leave your current job. In addition, if you are still working from home, you might be able to find time for a side hustle.
This is how you learned about the Ecom Capital. It’s a course that claims to teach you how to make money from home. Is there a chance that you’ll find the right match for you if you take this chance?
Before you decide to commit to this program, you should read this Ecom Capital review first. You should check if it is worth your time before you pay for it.
DISCLAIMER: This is a fully independent review. I’m not affiliated with Ecom Capital in any shape or form whatsoever.
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What is Ecom Capital?
Ecom Capital is a program that aims to help you learn about eCommerce and get you started with a business in the said field. According to Ecom Capital’s introductory video, the goal is to assist you with making $10K in the span of 90 days.
The program is designed by Fletcher Ladd and Sasha Karabut.
Well, of course that is quite ridiculous, especially if you are someone like me who has heard that many times before. Upon hearing that outrageous claim, of course I got curious enough to research about it.
This review will reveal to you how the program works, and whether it can help you run a successful eCommerce business or not.
Who is Fletcher Ladd?
Fletcher Ladd is an entrepreneur from Australia. He founded Ecom Capital, which aims to build and develop eCommerce businesses all over the world.
I was not able to find much information about this guy online. In fact, there is very little information about his background and experience in the eCommerce field.
The main reason why I found him is because I saw one of his ads in social media. In that ad, he makes his ridiculous claims about being able to make 10K in 90 days.
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Ecom Capital Overview
The owners of the program claim that you need not have any prior experience. They also say that you can work anywhere you want to, as long as you have internet connection.
Well, I agree with the latter, but not much with the former. Of course, having prior experience in regards to selling is good. Having knowledge with designing websites and doing creative projects will also give you an edge.
The program is divided into three categories, which are called Start, Grow, and Invest, respectively.
Start
The included resources in tools in the Start program will help you set up and design your very own eCommerce business. The program aims to help you reach your goals as well as help increase your sales.
The price is not really stated for this program, but they promise that you only need an entry level investment to get started.
Done-for-you eCommerce store
Included in the program is your very own eCommerce store. It is done-for-you, meaning that you wouldn’t need to worry about designing and optimizing it. All you need to do is give the team instructions as to how you want it to look.
You will also get assistance with procuring your products, and the program promises that their team will deliver the best results possible to get you on your feet.
I am not so sure if their team can help you out that much, but if you are paying top dollar for the program, then you can at least expect the bare minimum from them.
eCommerce training
This is basically a training program which can help you become the type of entrepreneur you want to be. Ecom Capital promises that it will teach you everything you need to know in order to be a great eCommerce entrepreneur.
I mean, I highly doubt that the training can teach you everything. After all, getting a degree on business administration is still a lot better.
Included with the training are templates which you can edit depending on your needs.
Group coach
You also get an eCommerce coach which will be able to help you out whenever you feel like there are things that are confusing you. Not only that, but you also get additional training from them, as well as their guidance.
The coaches are dedicated to helping you succeed, as well as help you every step of the way.
This would not be expected, as you will be paying for the coaches. They better do their jobs properly.
Grow
This phase of the program is about how you can grow your business through marketing. It’s about building your own brand and marketing it in order to achieve the financial freedom you wanted.
You will also be thought another way of running an eCommerce business other than dropshipping. Basically, it’s all about branding and marketing.
Invest
Ecom Capital offers investments in pre-built eCommerce stores. These stores are already making money.
In order to apply for an investment opportunity, all you need to do is follow these steps.
- Watch the free training video.
- Book a 45-minute call with one of Ecom Capital’s eCommerce strategists to help you get started.
- Find which eCommerce asset suits your portfolio.
- Work with Ecom Capital and grow your eCommerce store.
Pricing
I was not able to find any information in regards to pricing. This is definitely a red flag for me.
They were quite vague about this too, saying that you only need an entry-level investment to get access to the Start program. For the Growth program, you should expect a price tag of more than $10,000.
Well, I managed to find a few information from reviews of people who paid for them, and all they said is that the program costs thousands. As expected of programs like these who think that they’re the best in the market.
There is a 45-day money back guarantee, but some people said that they had trouble getting their money back. Yikes.
Is Ecom Capital a Scam?
I don’t think Ecom Capital is a Scam. After all, they don’t run away with your money. You really will get what you have paid for.
However, I can totally understand why you may have qualms regarding the program. After all, they do not really give you a lot of information regarding what the training entails.
From my observation, at least from the information they publicly released, I don’t think the program is comprehensive enough. It simply does not live it up to the hype of making easy money fast.
They are also pretty vague when it comes to the contents of the training program. All they said is that you can learning everything about being a successful entrepreneur.
I don’t think a training program can possibly teach that much. I don’t think it has the capability to do that, as that’s pretty outrageous. Is Ecom Capital saying that it is better than studying at a university?
Another red flag I observed is that they are not stating their prices publicly, as if they are trying to hide something. Is it because they know to themselves that they are overpriced? Maybe.
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Is eCommerce Worth Getting Into?
I can tell you one thing as someone who has evaluated a number of eCommerce courses in the past and as an enthusiastic online shopper. Starting and running an online store isn’t as simple as you would believe.
You would assume it’s easier than running a physical business, but it’s not.
Let me explain why I do not advocate entering into eCommerce.
Competitive Market
Many people have already begun an eCommerce venture. Amid reality, you’ll be a speck in a large sea of internet merchants.
If you want to offer products that are currently being sold by larger, more well-known businesses, then you are shooting yourself on the foot. With so much competition, it’s impossible to expect to be seen.
Another problem is that you’ll be vying for ad space with these companies. You’ll be left in the dust since established firms can afford to pay for more ads.
Ads are Expensive
What would be the best way for people all around the world to learn about your company? Simple. By displaying ads all over the internet.
However, one of my big reservations with advertisements is that they are very expensive. In fact, the cost of advertising is increasing year after year.
This implies that if you want to run as many adverts as possible, you’ll have to spend more cash. And as a result, your earnings will undoubtedly suffer.
You must keep your advertisements running if you want customers to keep coming. Even if you aren’t making any sales, you should keep the advertising running so that people are aware of your business.
High Financial Risk
Keep in mind that it’s not only the ad expenditures that need to be considered. You must also factor in additional expenses. This covers your website’s hosting, the equipment you’ll need for creative work, software licensing, and virtual assistants’ wages (if you want to hire a team, that is).
Simply put, you are putting a significant amount of money at risk with no certainty of recoupment. It might take a long time to break even, and much longer to start making money.
Not a One Man Job
Working alone has aided some people’s eCommerce success. The majority of people do not do so.
This is due to the fact that running an eCommerce business entails a slew of tedious day-to-day responsibilities. You must work hard to develop and optimize your store before you can even get it up and running.
If you don’t know how to build a website or do creative work, you’ll need to pay someone to help you. You should expect to pay extra for best results if you want it.
You’ll need to know how to properly manage your website when it’s up and running. You can’t just stray from your full-time work and focus on this. You’ll need someone to support you and keep you informed on a daily basis.
The wages individuals you’ll have to pay will eat into your profit margins.
Why I Don’t Recommend Ecom Capital
Let me go through some reasons as to why I don’t recommend enrolling for this program at all.
First off, it is way too overpriced. I have seen eCommerce courses for less, and at least those programs have the decency to tell you what you actually get. I was able to find information on the modules for those.
Ecom Capital’s website is barely of any use to me, actually. I was only able to find vague information and explanation regarding their offers, and it still left me confused.
What do you get in the training program? How does coaching work? Are there live sessions where you can tune it weekly? Well, none of those questions can be answered by the website.
Another thing is that I am 100% sure that the program contents can be found for free online. You need not pay thousands of dollars for a course about eCommerce, as most of what you need to learn are available as free resources. All you need to do is look for them.
In fact, most eCommerce courses try to market their course as the best, when in reality, they are pretty mediocre courses based on resources that can be found for free in the internet.
This program is not worth your money.
Feel free to read my other reviews on related programs:
Final Verdict – Ecom Capital
Before I end this Ecom Capital review, I would like to share a few more insights that could help you.
It is difficult to make money in eCommerce. Indeed, as I have stated, recovering your investment might take a long time. Actually, you may fail to recoup it at all.
It is very costly running an eCommerce business. There are several expenses and payments that must be handled accordingly. You must continue to pay them even if your business is struggling, as they are required to continue operation.
Essentially, it’s a time and money-consuming side hustle. I’m sorry, but I can’t suggest that you venture into it.
When I think of a decent side hustle, I want something that is simple to start and doesn’t cost a lot of money. More details about it can be found in the next section.
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