Lucrative eCommerce Ventures with Ben Knegendorf

Lucrative eCommerce Ventures with Ben Knegendorf In Episode 112 of the Lion’s Share Marketing Podcast, Tyler and Jon break down brands diving into the new world of Non-Fungible Tokens (NFTs). NFTs are tokens that represent a unique digital item, purchased with cryptocurrency. The new popularity of NFTs, in general, has encouraged brands to use NFTs as PR campaigns. While artists like Beeple have sold off digital art of 69 million dollars, Pringles, Charmin, and various alcohol brands have been using NFTs as conduits for major PR stunts. Tyler and Jon highlighted that the future of NFTs is unstable. There will be winners and quite a few losers, but it’s interesting to this crypto-driven land grab nonetheless.   Then Tyler introduces Ben Knegendorf, host of the BK Show and serial e-commerce expert. Ben first explains how his e-commerce journey began - with a job at Walmart. He began flipping items on eBay and the venture eventually emerged into the eCommerce business with drop-shipping.   Ben gained his eCommerce expertise by selling furniture, golf equipment, and running a wide variety of other specialized eCommerce stores. Ben highlights that SEO is nowhere near dead and needs to be valued more in the eCommerce community. Ben has used what he’s learned interacting with various brands to acquire better products that match more consumers' needs after seeing customer feedback.   Ben then passes along his key takeaway: don’t sleep on SEO and start the side hustle you’ve been mulling over. Join Tyler, Jon, and Ben for an exciting look into the future of digital currency and the latest developments in the e-commerce world.   Timestamps 00:00 - Intro 01:21 - What’s in the News: Pringles Jumps on the NFT Bandwagon 08:52 - Featured Guest: Ben Knegendorf 10:10 - Ben’s Start in eCommerce 11:30 - Ben’s First Successful eCommerce Venture 14:12 - The Dangers of “Fake it Till You Make It” eCommerce Courses 15:18 - Shopify’s New Impact on eCommerce 15:30 - Ben’s Various eCommerce Businesses 16:31 - How to Make a Lucrative Exit in eCommerce 20:04 - Sharing Resources Across eCommerce Businesses 22:51 - Trends in eCommerce and Apple’s Future Battle Over Privacy 30:55 - Apple vs Roku for Original Content 32:16 - OTT Ads for eCommerce 34:26 - Ben’s Advice on SEO and Link Building 37:47 - When Should You Exit an eCommerce Business? 40:08 - What’s Ben’s Biggest Challenge in eCommerce? 41:00 - Ben’s Newest eCommerce Ventures 41:55 - The BK Podcast and His Inspirations 44:46 - Ben’s Key Takeaway   Featured Guests | Ben Knegendorf Twitter The BK Show What's In the News  Pringles Jumps on NFT Bandwagon Lion’s Share Marketing Podcast Learn More About Tyler & Jon www.tylersickmeyer.com  Need Marketing Help?  www.FidelitasDevelopment.com Music Intro Music – Colony House – Buy “2:20” on iTunes Outro Music – Skillet – Buy “Lions” on iTunes