What Is Store Formula?
For many of us, the current pandemic scenario has been really difficult. Not only are we all fighting to keep up with the new health protocols in place, but some of us are also dealing with mass unemployment. And, with a number of businesses closing down, finding a new career after your old one might be difficult.
As a result, rather than looking for work in the outside world, many people have turned to the internet as a means of making money. From brief jobs to freelance employment to starting their own online businesses, they’ve done it all.
With that said, Dropshipping is a popular eCommerce business model that many people seem to be interested in, and Store Formula is a course that teaches you how to execute it as well as other ways in how you can use it to improve your current business.
Furthermore, while many online gurus portray Dropshipping as some sort of a get-rich-quick scheme, the failure rate in this specific field is actually rather high. Jon Mac, like other gurus, claims to have the winning eCommerce technique to teach you in order to succeed.
But the question is, is this legit, or is he simply scamming you?
To find out more, just keep scrolling to read our full review below.
The fact that you’ve taken a moment to scrutinize this product before signing up should be applauded. You’ve done yourself a huge favor. Your due diligence will save you from potentially wasting your time and money.
A good bit of research always goes a long way in the fight against online scams. Creating a sustainable full-time online business is not difficult. You just need to know where to look.
Before we proceed I’d like to let you know that I’m not linked to Store Formula in any sort of way and I’m not trying to sell you this product.
Instead, I’d like to show you why this program should be avoided…
Store Formula Product Review
- Name of Product: Store Formula
- Owner: Jon Mac
- Type of Product: Dropshipping Course
- Cost of Product: $997
- Who Is This Product Best For? Anyone interested in Dropshipping
Store Formula Product Summary
Store Formula is a pretty short and basic eCommerce training course with only about a month’s worth of material.
Dropshipping and CommerceHQ are combined in this one course. Jon Mac also established CommerceHQ, an alternative to Shopify, which is another prominent eCommerce platform. Video lessons are used to provide the course and there are 53 lessons totaling 9 hours and 17 minutes in duration.
Overall, the course does not provide anything particularly distinctive or exceptional compared to other eCommerce courses I have seen and reviewed.
Personally, I think you’re better off with other eCommerce courses. Not to mention, Dropshipping isn’t the best way to make money for beginners. It’s too risky. If you want my recommendation, just stick with me until the end of this review.
Product Rating: 50/100
Would I Recommend This Program: NO
|Recommended: Discover how you can build a Full-Time 4-Figure Monthly Income with No Previous Experience.
Store Formula Background
Store Formula is an e-learning online training program designed by Jon Mac. This course teaches you how to build and maintain a stable and profitable eCommerce store through the use of step-by-step video lessons. This program’s purpose is to assist you in building a self-sufficient eCommerce business. It introduces you to the concept of dropshipping as well as how to create traffic for your company.
Store Formula also shows you how to use CommerceHQ to create your own online store. To those unaware, CommerceHQ is another eCommerce platform that is comparable to Shopify. It was also designed by Jon Mac himself.
The Store Formula course also promises to be updated on a regular basis to better represent current situations.
However, you should be aware that if you want to establish your own dropshipping business, you may face several challenges. Dropshipping, in comparison to other careers such as affiliate marketing, needs a significant amount of effort and resources in order to be successful. As a result, many people fail while attempting to implement this kind of business model.
I don’t mention this to dissuade you from pursuing your own dropshipping business. I’m only stating that making money here may be difficult, but not impossible. In fact, Dropshipping, when done right, can be a very lucrative venture.
Some people, on the other hand, may dislike the trouble and choose other ways that are easier for them or more suited to their needs.
Who Is Jon Mac?
Store Formula was created by Jon Mac, who also serves as its primary instructor.
He’s also the creator of the CommerceHQ platform, which is where Store Formula runs. He describes himself as a “successful online entrepreneur, motivator, coach, and mentor,” among other things.
He also states that his motivation and ambition stem from the fact that he is able to make a difference in the lives of his students. But, because practically all online gurus say the same thing, this is probably just another marketing tactic to get us to trust him.
He also has his own YouTube channel with 15K subscribers as of writing, and this is where he offers free eCommerce and business-related training and mindset training.
Apart from that, there isn’t much information on him available on the internet. In comparison to other online gurus, he doesn’t have a significant social media following. It is, however, enough for us to know that he is completely legitimate.
Inside Store Formula
Store Formula is updated on a regular basis and employs a variety of strategies to assist you in making money online. The major focus, though, is on dropshipping and Jon’s other site, CommerceHQ.
You’ll watch video tutorials and classes while also participating in over-the-shoulder chats and webinar-style presentations. This course also includes written materials to supplement your study.
Over the course of four weeks, you’ll receive the following:
Week 1: Build
The online course begins by instructing participants on two topics. First, it initially shows you how to create your online store. Because Store Formula is part of CommerceHQ, you’ll discover how to accomplish it on the CommerceHQ website.
Second, it shows you how to approach beginning your own dropshipping business with the right mentality. This is something that almost every business online course does, so you can anticipate the same thing here.
Week 2: Select
The system will give you some recommendations for goods to put in your online store in this area. The course instructs you to choose items based on a few guiding principles. Whether it’s popular on Facebook or not, how much money you’ll need to spend on it, and how much money you’ll make selling them.
It also contains unique software that allows you to look at the most popular Facebook advertising. Making your job a little less difficult. While these suggestions are useful, you should also think about your particular specialty.
Week 3: Launch
This part now focuses on promoting and marketing your freshly created internet store. Because you’ll learn how to use Facebook advertisements to increase visitors to your website in this course.
They also claim to have a “secret Facebook Ads formula” that they’ll reveal here for the greatest results. However, Facebook advertisements may still be costly at best. If your marketing effort fails, you may lose some of your money on marketing alone.
The good news is that this area is updated on a regular basis to reflect changes in Facebook’s algorithms. But I think it would have been ideal if this training also included some free traffic development tactics.
Week 4: Outsource
The lesson concludes with a discussion about outsourcing your business. That is, you pay others to help you with some of the tasks at hand. While this part is likewise detailed in its treatment of the subject, it is not suggested for individuals who are new to this kind of venture.
It would be more appropriate for them to first learn how to operate their own business. Then, once they’ve gotten a feel for it and the business is making consistent profits, you may start hiring.
Store Formula comes with a set of extra modules as a bonus. The following are some of them:
- Access to the Accelerator App
- Free access to CommerceHQ for a year
- Six different online stores
- And many more…
You may also reach out to Jon and his teaching staff and get answers to your queries whenever you have any concerns or questions.
|Recommended: Everything Needed To Create Your Full-Time Online Business From Scratch Can Be Found Right Here
Getting Started with Store Formula
The cost of Store Formula is $997. When compared to the cost of other eCommerce courses, this falls below the affordable range when you think about how other training programs would set you back a few thousand dollars with just a single course.
You’ll also need to budget for the utilization of other tools like CommerceHQ and paid traffic. Keep in mind that you’ll need between $2,500 and $3,000 to get started and have better chances of succeeding and that the Store Formula procedures will work for you.
Store Formula Ugly Truths Exposed!
#1 Dropshipping Is Not For Everyone
Dropshipping is profitable, but it is also challenging. For your eCommerce business, you need to stay on top of things, which entails keeping track of new items from your supplier or manufacturer.
Because you’re only the middleman between the buyer and the supplier, you don’t have to buy things for inventory. When a consumer makes a purchase from you, the order is fulfilled by the provider. You are paid a commission or a percentage of the profit (profit is the difference between your retail and wholesale prices).
Profits are likely to be extremely low, but the volume makes up for it. However, in order to make things worthwhile, you must be able to sell in large quantities at any one moment.
#2 The Business Model Itself Is Expensive
Facebook Ads are costly, and unfortunately, this is really the only source of traffic covered in this course. It will not discuss the use of social media posting, YouTube marketing, or even search engine optimization.
Moreover, paid advertisements should not even be considered by newcomers yet. Instead, they should be taught the fundamentals of Web traffic and the strategies that go with it. They should only use paid advertisements if their businesses already have a steady income stream.
Advantages of Store Formula
To be honest, there isn’t much that I like about Store Formula. The course is brief, and it doesn’t go over many of the fundamentals that most beginners should know. However, I appreciate the fact that Store Formula updates the courses on a regular basis to keep up with current dropshipping trends. This is required since old methods may or may not be useful in the present. Their customer service is also quite good.
Is Store Formula a Scam or a Legit Program?
Store Formula is a legitimate eCommerce training course. However, even with its affordable price, the course is pretty mediocre.
With that said, if you’re looking for genuine and legitimate opportunities to make money online and if you’re not scared of putting in long hours, acquiring new skills, and changing your financial situation, you might want to get into affiliate marketing.
You can generate money online while also helping others by connecting people with the items and services they require or looking for.
The best thing about affiliate marketing is you can also use your knowledge of your hobbies, passions, and interests to establish your own profitable internet business.
If this is something that interests you, check out my recommendation below.
How Do I Use The Internet to Make a Full-Time Salary?
I’m not a big fan of get-rich-quick schemes, let’s just say that I’ve been caught short a few times.
Instead, Affiliate Marketing is my leading recommendation for people that want to build a thriving full-time online business working from home.
Here are my reasons why…
- You can get started for Free.
- There’s no pressure to recruit family and friends, or anyone else for that matter.
- You can create a business from virtually any product including the ones that you already buy. You are not limited to low-income or inferior products.
Affiliate Marketing can help you to…
Generate a 4-Figure Monthly Salary and become financially free from the limitations of a traditional day job. You can do this in less than 12 months!
If you want to find out how I did it, Click Here!
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