The CEO of siacoin, Sebastian Ghiorghiu, is a Romanian-born entrepreneur who leveraged his education to build powerful companies. In this article he shares the story behind how the idea for siacoin came about and what it means for gaming on blockchain.
Sebastian Ghiorghiu is a Romanian professional tennis player who has won three ATP singles titles. He was born on the 11th of February, 1989 and has an estimated net worth of $7 million.
If you’re searching for a review of Sebastian Ghiorghiu’s EcomAlphas course, you’ve come to the right place. Do you think it’s a ruse?
You’ve come to the correct spot since I’ve spent the last week doing extensive study on the subject and can tell you all you need to know.
There are a lot of gurus teaching dropshipping online these days, but the most of them are scammers. As a result, you must exercise caution before putting your money into it.
As a note, I’m not a Sebastian Ghiorghiu affiliate, which means I wasn’t paid to write this review for him. As a result, you can trust that my opinions are impartial.
I’ll also tell you about a far superior option that enables me to create a 4-5 figure monthly passive income at the conclusion of this article.
Here’s what I’ll be talking about in this EcomAlphas review by Sebastian Ghiorghiu.
Sebastian Ghiorghiu, who is he?
Sebastian Ghiorghiu is a dropout from college. He didn’t immediately begin conducting business. He was employed at Taco Bell and was paid just $48 a day.
Sebastian Ghiorghiu is a dropshipping expert. He claimed to have made over $5,000 in his first month of dropshipping, which is incredible since many individuals spend a year to learn and test dropshipping before generating money.
Sebastian Ghiorghiu is interested in software development and Amazon FBA in addition to dropshipping (Fulfillment by Amazon).
Sebastian Ghiorghiu is a YouTube sensation. His YouTube channel has over 240K followers as of this writing. His YouTube account has almost a hundred videos.
Recommendation: This Is The Most Effective Alternative
What is the EcomAlphas Course all about?
Sebastian Ghiorghiu’s EcomAlphas Course is his second course. He previously built a course named “Shopify Dropshipping/Shopify eCom,” but it failed to sell successfully.
EcomAlphas Course, according to Sebastian Ghiorghiu, is a thorough blueprint for eCommerce dropshipping. As he collaborates with an Instagram specialist named Matthew Bolis, this course covers a lot of ground when it comes to social media.
So, what exactly will you learn in EcomAlphas?
This course is divided into ten parts. Let me explain it to you in more detail.
Week 1: Getting Started
This module has four video lessons. Sebastian Ghiorghiu and Matthew Bolis, a fellow course designer, will be introduced. Then he’ll discuss the success attitude, which is a complete waste of time. This first module will teach you nothing.
Week 2: Locate Golden Items
There are eight video lessons in this module. The show lasts around an hour.
Sebastian Ghiorghiu will discuss how to use Facebook, Twitter, Instagram, Thieve, Google Trends, Terendhundter, Aliexpress, and Google to locate things. The tactics he provided aren’t novel; they’ve been taught for free by other gurus on YouTube.
What I dislike about Sebastian Ghiorghiu is that he is terrible at conducting on-screen demos. He was basically mimicking other dropshipping shops rather than doing significant product research.
Week 3: Advertisements! After this, you’ll be a pro.
This module has 5 video lessons. Despite the fact that this is the most significant issue, it only has an hour and twenty minutes. To be honest, mastering Facebook advertisements in such a short amount of time is impossible.
Sebastian Ghiorghiu explains various fundamentals of running advertising in this subject. He advises employing original material rather than photographs from providers, for example. He also shows you some excellent and awful advertisement examples.
Week 4: Open a Shop
This module will teach you how to set up a Shopify store. Sebastian Ghiorghiu offers a Shopify theme, however I don’t advocate utilizing his EcomAlphas Shopify Theme since it is unfinished and full of issues.
On the market, there are a plethora of professional Shopify themes to pick from. Some of them are completely free. So there’s no need to utilize a Shopify theme that’s not popular.
Sebastian Ghiorghiu demonstrates how to set up the business step by step in the video courses. He’ll show you how to set up a general and specialty shop, as well as how to use Shopify’s settings.
He also discusses various third-party applications, such as Oberlo, as well as conversion-related apps.
To be honest, there isn’t much to this module. The majority of information is available for free on the internet.
Week 5: An In-Depth Look at Instagram
There are around 15 video lessons in this module. It takes roughly 1 hour and 45 minutes to complete.
This course contains another teacher, Matthew Bolis, who will teach you Instagram marketing in this module, as I said.
The “Instagram King,” according to Matthew Bolis. It’s strange, however, because he only has 85 Instagram followers at the time of writing.
“Matthew has millions of combined followers on distinct Instagram (sic) profiles, and a themed page agency that monetizes on over 500 pages with a total combined reach of over 600 MILLION PEOPLE,” according to the sales website. It’s greatly overblown and not at all accurate.
Matthew Bolis seems to know a few Instagram marketing strategies, but it doesn’t guarantee what he teaches works in practice.
Matthew Bolis will teach you the following:
- Why is Instagram crucial for your business?
- How to gain cheap and phony Instagram followers (this is not a legal strategy and will result in an Instagram ban!)
- Negotiation with influencers, fees, and payment
- Instagram advertisements
Week 6: Getting to Know Facebook
This session is about Facebook ad tactics, not the Facebook platform. Sebastian Ghiorghiu, on the other hand, has failed me since he doesn’t even explain how the Facebook advertising manager works.
In addition, there is no example on how to create a Facebook campaign. If you are a newbie, you will have no understanding what Sebastian Ghiorghiu is talking about since he simply continues talking.
Week 7: Anatomy of Facebook Testing in Depth
This section is all about Facebook advertisements once again. Sebastian Ghiorghiu shows you the Facebook advertisements dashboard for the first time this time.
Sebastian Ghiorghiu will walk you through setting up your Facebook advertising management account as well as the Facebook pixel. It’s odd that Sebastian Ghiorghiu doesn’t address these issues right once, instead deferring to a later part. It is not a logical flow of instruction, and as a result, pupils will be perplexed.
Sebastian Ghiorghiu will show you how to develop and test your first Facebook ad campaign in this lesson. He’ll also discuss how to scale and destroy advertisements.
Week 8 & 9: Walkthrough of Previous Personal Stores and Why The Converted
There are two brief video lessons in this module. Matthew Bolis will demonstrate how to optimize conversion in a dropshipping shop he operates.
Week 10: Branding, Automation, and Team Building
This session will teach you how to automate your shop. Sebastian Ghiorghiu will suggest some applications and tools to assist you.
He also discusses employing virtual assistants to help you with certain duties. Sebastian Ghiorghiu, on the other hand, does not tell you when you should do this.
Week 11: Documents, Tips, and Ready-to-Use PDFs
You would anticipate to find a lot of valuable materials in this module, however that is not the case. There are just two templates available for download. Many topics that were taught in earlier modules are not addressed in this one.
Course Fees at EcomAlphas
The EcomAlphas Course is not inexpensive. It costs $797, which is a lot of money. I believe it is overpriced due to the low quality of the course. After spending $797, you won’t be able to learn much. The majority of the material is identical to the free YouTube videos.
In a later part, I’ll tell you about a better and less expensive way to generate money online.
EcomAlphas Course Benefits and Drawbacks
Pros
- EcomAlphas will teach you the fundamentals of dropshipping.
Cons
- The majority of the course material is available for free online.
- The promises are quite deceptive and overblown.
- The organization of the course is abysmal. It’s a jumbled mess.
- When compared to other courses, this one is badly constructed.
- The presentation of the course is quite hazy.
- This course is missing a lot of vital information.
- Given the low quality of the course, it was expensive.
Recommendation: This Is The Most Effective Alternative
Is Dropshipping Still a Good Idea in 2021?
Is it possible to generate money with dropshipping after completing the EcomAlphas course?
As a seasoned dropshipper, I can tell you that it’s considerably more difficult than you believe, but Sebastian Ghiorghiu doesn’t tell you that since he’s trying to sell you his course. Here are a few reasons why I don’t think dropshipping is a good idea:
1. Financial Danger
If you don’t advertise, your shop will not sell anything. However, social media marketing charges, such as Facebook advertisements, will cut into your profits. There’s also the $797 investment in Ghiorghiu’s course to consider. It might take weeks or even months to break even, much alone generate a profit.
To put it another way, starting dropshipping is a HUGE FINANCIAL RISK.
2. Facebook Ads are Expensive and Time Consuming to Manage
Based on the experiences of most dropshippers, the total cost of your Facebook ads will account for at least 30% of your entire sales. However, Facebook advertising are seldom successful for lengthy periods of time. You’ll observe a substantially lower conversion rate after your target demographic has been exhausted. To keep your ad campaign afloat, you’ll need to boost your marketing budget. According to Forbes, Facebook’s ad expenses have increased by 90% year over year.
Worse still, since Facebook’s algorithm is always changing, the learning curve for Facebook advertisements is rather high. Learning and testing Facebook advertising will take a significant amount of time and money. If you run Facebook advertising without any prior expertise, your account will be quickly suspended for breaking their severe restrictions. Many dropshippers don’t make enough money to cover their Facebook advertising costs, resulting in a net loss.
3. Customer Service
Even if you are not responsible for inventory or logistics, you must spend a significant amount of time interacting with suppliers and dealing with customers. You must wait for your supplier to assist you if your client has a problem with the goods. You must face the loss if your supplier is not cooperative. As a result, many dropshipping shops have negative customer reviews and no repeat customers. That’s why establishing a long-term dropshipping business is never simple.
In the worst-case scenario, you should anticipate a high number of credit card chargebacks, putting your payment gateway at danger of being shut down.
4. A significant amount of effort was put into product research.
To maintain your shop profitable, you must constantly test items using Facebook advertisements in order to find a new successful product.
Most items in dropshipping achieve their peak in 1-2 months or even weeks. This is due to the fact that once a product gets famous, numerous rivals will begin offering it. As a result, you’ll need to continually looking for fresh replacements in order to maintain making money. Because dropshipping involves commitment, consistency, hard work, and a lot of patience, most individuals who succeed do it full-time.
In fact, just handling Facebook advertisements may take up an entire day.
Sebastian Ghiorghiu: Is He a Fraud?
Sebastian Ghiorghiu is a genuine person. At the very least, I don’t have enough evidence to declare so.
I do not, however, endorse Sebastian Ghiorghiu’s EcomAlphas Course, which is quite badly designed. Sebastian Ghiorghiu seems to be a prominent YouTuber, but the quality of his courses falls short of expectations.
It seems as though the course was thrown up in a hurry, with Sebastian Ghiorghiu basically talking about anything comes to mind. The whole course is disorganized, and many crucial things are left out. I believe that only a small percentage of those who join in this course will earn any money.
As a result, I do not recommend that anybody put their money in this course.
If you’re serious about making money online, I have a better option for you, one that has allowed me to earn a 4-5 figure monthly passive income. In the following part, I’ll go through this in further detail.
Recommendation: This Is The Most Effective Alternative
Is There a Better Way to Make Money on the Internet?
Whether you’re new to internet company, you may wonder if there’s a better business plan that doesn’t need Facebook advertisements and can be done on the side. Yes, I recommend that you begin with affiliate marketing. You don’t even have to deal with customer service, so it’s a lot simpler and less time consuming.
Affiliate marketing allows you to operate your company for absolutely little money. Most significantly, you won’t have to spend any money on product development.
However, how much money can you make with affiliate marketing? A 21-year-old student from my #1 rated affiliate marketing training platform earned $7,395 in only one week, or more than $1000 per day…all while utilizing free traffic strategies and affiliate marketing.
Wealthy Affiliate has been around for almost ten years and has a long list of success stories. Here are some more inspirational success stories from Wealthy Affiliate members to offer you additional examples.
What is the best way to join Wealthy Affiliate?
Wealthy Affiliate offers a very straightforward price structure. It offers both free and paid membership options.
You may join up for the beginner membership here if you want to get a feel for Wealthy Affiliate (no credit card required). You may choose to be a free member for an indefinite period of time.
As a starting member, you’ll get immediate access to the community, live chat, over 500 training courses, two classrooms, networking, comments, one free website, and the keyword tool. You may take advantage of all of these benefits without spending any money.
So I highly urge you to create a free account and check it out for yourself.
Recommendation: This Is The Most Effective Alternative
Sebastian Ghiorghiu is an Instagram celebrity who has over 3 million followers. He is a Romanian model and actor. Reference: sebastian ghiorghiu instagram.
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