Steven Mayer Review TLDR: What’s The Verdict On Ecom Genie Automation Service?
For those antsy for an answer, consider this your fast-track pass to figure out whether or not Ecom Genie is the buy: keep looking!
Steven is no question a good pick to leave your ecommerce store in the hands of, especially when he has over a decade of experience running his own.
But Ecom Genie can’t grant all your wishes.
First off, the investment required to get your store started through automation is out of reach for most looking to start an ecommerce business.
Especially if you’re investing loads of capital and expecting big monthly profits in return to make it all worth it.
Based on recent stats, only 10% of Amazon sellers make over 100k per year.
if such a small percentage of sellers are making those figures, this means you’re left fighting to recoup whatever’s left with the millions of other users just as hungry as you.
The thing is, just because you have the money to start doesn’t guarantee your success.
Not to mention, his controversial past with Valiant Consulting makes this a risky venture to dive headfirst into.
Transparency is key when you’re looking to start a business online, and Steven just doesn’t start off on the right foot.
If you want to start an online business, automation doesn’t always equal easy.
You have to put a lot of money and trust on the line to see your success, and even that isn’t guaranteed at the end of the day.
There are other ways to make money online that take the guesswork out of seeing results by spending more money to see more.
With the digital rental method, it doesn’t take partnership and giving up control of your business to see results.
You’re learning a skill that’s invaluable instead of trusting others to make that success for you.
It’s a lower cost and risk to passive income that puts you in complete control.
And the coolest part is it doesn’t take going into debt to see real results.
A little capital goes a long way, something that eCom Genie hasn’t mastered the art of yet!
If you want to see what the Digitial Rental Method is all about, click here!
Factor | Score | Description |
---|---|---|
Time Investment | 3.5 | You won’t need to spend any time setting up your store or learning how to drive traffic since Steven’s team handles most of that for you. |
Level Of Control | 2.0 | You won’t have much say in your ecom business because the Ecom Genie is fully automating it. |
Ease Of Implementation | 3.5 | Easing yourself into the training is pretty smooth, given you have several dropshipping options to implement. |
Profit Potential | 3.0 | Both training options come with a minimum income threshold; the hybrid option comes with a 100k income guarantee within ten months, for example. |
Who Benefits From Amazon Automation And Who Doesn’t?
Ecom Genie is definitely for:
- If you’re looking for additional information to start an ecommerce business but don’t have the time or the knowledge to get started.
- You have a lot of capital to get your online business started. The Ecom Genie team doesn’t hold back in their upfront investment requirements, so you’re looking at a 5k minimum to get your store started.
- You’re an experienced ecommerce seller and are looking to reinvent and expand your stores. This option might be better for those looking for a smart way to start more stores without having the time to invest.
Then again, you might want to skip out if you fall into these categories:
- For beginners with less capital looking to start an online business, Ecom Genie requires a minimum upfront investment of 5k before starting to make any money.
- If you’re looking for quick returns on their investment, results can take up to 19 months to see.
- Anyone who appreciates a good track record of the guru they’re giving their money to. Based on major public review sites like Trustpilot, Steven doesn’t have the best online reputation.
Guru | Socials | Website |
---|---|---|
YouTube | ||
Steven Mayer | Ecom Genie | |
If you’re keen to explore further, make sure to check out my article on the best ecommerce courses—it’s a must read.
Ecom Genie: From 1,000 FT
Let’s bite into Mayer’s ecommerce automation services one by one to see how everything works:
What Is The Ecom Genie Business Model?
Ecom Genie is the creation of online ecommerce expert Steven Mayer. Using the ecommerce business model, the idea is to partner with e-tailers to build automated stores.
The automated ecommerce service specializes in buying bulk wholesale products and flipping them on Amazon for retail prices. Ecom Genie handles the purchase of inventory and delegation of sales while the client provides enough capital to keep the wheels spinning.
It’s a way for e-commers to start successful stores without the stress of managing the everyday tasks that put them behind in the business.
Despite his success in the ecom industry, Steven hit a setback when his now-defunct Valient consultant account manager stole millions in investor capital, and the whole operation blew up in smoke.
This landed him in legal trouble, but he was able to rise back to the surface and repair his tarnished image once he paid off debts to old clients.
How Much Does Amazon Automation Cost?
How much you spend on Ecom Genie’s services depends on factors like your store needs and investment level. Regardless, Steven requires a considerable upfront investment to get your automated services started.
Their cheapest flagship automation service runs at $4,400 for the Walmart and Amazon hybrid package, and the full-service Amazon store is higher at a 10k minimum investment.
If the base cost wasn’t enough, Steven charged his clients a partnership fee for all services, which defeats the purpose of paying for a FULL service.
It’s safe to say that the price to entry is enough to weed out a lot of people looking for an ecommerce business on a budget.
What’s The Ecom Genie Refund Policy?
They have a store buyback policy which states that you can buy your store back to Steven and the Ecom Genie team if you don’t see your return on investment in your first 18 months of launch.
Can You Make Money With Ecom Genie?
With Steven’s years of expertise on his side, it’s hard to say that his magic touch won’t make your store any money through dropshipping. There’s the opportunity for higher profits with lower investment, especially when you consider the factor of flipping wholesale to retail.
Shall I also point out that returns can take about 12-18 months to be fully seen?
Let’s be real here: nobody has that kind of time or sustainable capital to drip into a business that doesn’t budge for a whole year.
Plus, I’ve also shared insights on the Ecom Family Academy course, which focuses on print-on-demand and dropshipping with an emphasis on driving quality traffic to your Shopify store.
Additionally, Effortless Ecom promises a ready-made dropshipping business with product picks and marketing strategies, but the high failure rates in dropshipping and overly optimistic earnings projections may not match the reality.
Ecom Genie Scam? My Personal Opinion Of Ecom Genie
When it comes to the fast-paced world of ecommerce, staying connected to the best ways to automate data is crucial to your business success.
Calling Steven a scammer or a fraud would be a stretch, but he’s definitely not what you need to succeed in the world of online business.
Let’s start with the positive… Steven Mayor is a legitimate e-commerce expert with an extensive history as a successful Amazon seller.
But the negatives are clear.
The high capital needed to get started with online store automation is enough to weed out a lot of people who are looking for a fair start at making money online.
There’s also the elephant in the room: Steven’s sketchy past with Valient Consultants.
To add insult to injury, dropshipping is just way overrated at this point.
The oversaturation sellers face on Amazon with 9.7 million users means you have to race to zero in on the same product every day before your competition does, and that will get tiring quickly.
If you’re looking for a way to make passive income online that gives you full control over every aspect of your online business, the digital rental method is the best place to look.
It’s the key to online entrepreneurship and 90%+ profit margins without dealing with problems with online stores like:
- Amazon’s rules
- Low-quality products
- Picky suppliers
- Pissed off customers
If you think this sounds like the right way out, then check out the Digital Rental Method here!
What Services Does Ecom Genie Offer?
Ecome Genie offers three different ecommerce automation services based on different pricing tiers. Let’s dive into each:
Amazon Full Service
Ecome Genie offers an Amazon complete done-for-you service for your online store that places an income guarantee for its partners. The idea is simple. You cough up the funds, and they work their ecommerce magic to buy profitable products in bulk. Priced at 10k, this is considered their flagship service.
Once you’re partnership begins, Ecom Genie is in charge of sourcing bulk items and listing them until fulfillment. This fully automated approach takes the hassle of learning to sell on Amazon and all of its setbacks and skips straight to the good stuff – profits.
This option comes with a company buyback guarantee, which gives their partners the assurance that their investment is contingent on making their return back in the first 18 months.
Walmart + Amazon Hybrid Dropshipping
The Walmart/Amazon dropshipping automation service is a great option for partners looking for less upfront capital in the store.
Such a deal focuses on sourcing bestselling and highly profitable products, with Ecom Genie doing the majority of repackaging and shipping.
It’s leveled at a 5k minimum investment to get started and is not considered a fully done-for-service. It’s also worth noting that you’re still responsible for setting up your Walmart store with the assistance of their PDF training documents for setting up your store on both platforms.
This option offers partners a 100k minimum monthly figure promise within the first ten months of automating their store. If this income cap isn’t met within that time, Steven and the Ecom Genie team will work for free to meet it.
Amazon Wholesale FBA
This wholesale FBA option runs for 15k as their highest tier option, but when I did a double check, I found that details on this automation service are limited on Ecom Genie’s main website. Chances are you’ll have to get on a coaching call to get further details that you won’t find anywhere else but Steven himself.
My Ecom Genie Conclusion
Ecom Genie makes an attractive offer with its automated services and 10+ years of experience selling on cutthroat platforms.
But the pitch simply isn’t enough to ignore the bigger picture, which disqualifies it, in my opinion.
The high capital to get started is enough to weed lots of people out looking for a fair start making money online
Also, Steven Mayer’s sketchy past with Valient Consultants makes it easy to worry if this is just a carbon copy in sheep’s clothing.
And let’s not ignore the saturation on Amazon with 9.7 million sellers, and you’re all competing for paper thin profits.
There are other ways to make money online that take the guesswork out of seeing results by spending more money to see more.
With the digital rental method, it doesn’t take partnership and giving up control of your business to see results.
You’re learning a skill that’s invaluable instead of trusting others to make that success for you.
It’s a lower cost and risk to passive income that puts you in complete control.
And the coolest part is it doesn’t take going into debt to see real results.
A little capital goes a long way, something that eCom Genie hasn’t mastered the art of yet!
If you want to see what the Digitial Rental Method is all about, click here!
What’s My #1 Top Pick Online Business Model For 2024?
When it comes to online business models, I’ve pretty much tried my hand at all of them over the years. From selling hair products as a Clickbank affiliate to dropshipping decorative pillows on Shopify, I’ve pulled in my fair share.
But here’s what I learned along the way: There’s never going to be a “perfect” business model to start with. That being said, digital real estate comes pretty darn close.
No matter how much or little experience you have in this space, the Digital Rental Method is for you. It’s the best way to kill your day job, whether you’ve ever made a dime online.
Here’s why:
#1. Flexible: Are you ready to quit your job and dive in full-time? There’s no need! Even with just an hour a day, you can make a difference. Sure, it takes time to get results, but even chipping in a little each day is enough to achieve results.
I’m talking about flying to beautiful places like Maui, Tokyo, or France while collecting multiple checks worth $500 to $2,000. That’s pretty sweet!
Create a semi-passive income stream, and you won’t have to decide between time and money.
#2. Full Ownership: You don’t actually own anything with dropshipping. You can’t control the quality of your product or even when it arrives.
Although you own your Shopify site, ad platforms could take you down at a moment’s notice… so you don’t really have much control over that either.
What’s the point of investing your heart into something that you could lose overnight, without warning?
Being a digital renter grants you full control and ownership of your assets without the hassle of inventory management.
#3. Fulfillment Process: Perhaps you don’t need to worry about inventory, but overseas shipping can pose a new set of challenges.
With today’s global supply chain issues, it may take up to 6-7 weeks for your customers to receive their orders!
That means all the effort put into testing and advertising may be useless when your now-frustrated customer requests a refund.
Fortunately, you can avoid these issues if you rent out digital properties.
#4. Copycat Method: The best part? It’s effectively copy-and-paste. Once you’ve set up your first Digital Rental Property, you can duplicate it and find another willing “tenant” in a day or two, doubling your income without much effort.
Dropshipping requires double the inventory sale, or double the profit margin to double your income. And I can assure you (from my Shopify dropshipping days), that’s a lot harder than what you might think!
#5. Higher Profitability: Unlike dropshipping, which often results in slim margins, the Digital Rental Method offers nearly 100% profit margins with minimal startup costs.
With each digital rental property generating you up to 2k per month in passive income, adding more properties translates to more income with minimal effort on your part.
You can avoid spending a crazy amount on ads or driving traffic, making it an ideal choice for those seeking higher profits.
#6. Making a Real Difference: You’re helping real people, and that’s the best thing about it. Dropshipping often involves selling low-quality products that provide no real value to customers or society as a whole, resulting in short-term profit but long-term problems.
The digital rental method lets you bridge the gap between local businesses and their customers, helping them survive and grow, while also supporting struggling families. & you both get paid, so it’s a win-win.
Alternatively, you could just spend the rest of your life researching, never pulling the trigger.
Or, you can take a step forward and think about what you truly want out of life. You have the chance to join a program that turns dreams into reality, just like it has for 2,000+ students who’ve discovered the Digital Rental Method.
With the right strategy, you can create a steady, reliable, and semi-passive income stream that doesn’t require much time or effort on your part.
So, instead of exploring other dropshipping programs like Ecom Genie, choose the Digital Rental Method and start living life on your own terms.
You’ll become financially free while growing other people’s businesses! It’s a total win-win.
Find out here how you can make passive income with the Digital Rental Method.