Everyone today is looking for ways to make money – passively. And the majority of these people are shifting to the digital world in an attempt to create a lucrative business online.
In this review, let’s take a closer look at Jon Mac’s Store Formula to find out if this dropshipping course will deliver or disappoint.
Store Formula is a step by step tutorial on drop shipping spread out in a four-week online coaching video modules.
Jon Mac claims that he has the “winning formula” to help you succeed in eCommerce.
Could Store Formula be the dropshipping course that will make you a successful online entrepreneur?
Before I answer that, I do want to be total up front in this review, so…
This Jon Mac Store Formula review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Store Formula isn’t too different from most dropshipping courses.
Sure, their marketing makes some great promise you haven’t heard from the other dropshipping gurus, but at the end of the day, no magic bullet overcomes the massive pitfalls of this business model.
Let’s get something clear:
There is NOTHING passive about dropshipping, no matter how well most course creators sell the dream.
If you want that travel-the-world-making-money-while-you-sleep-laptop-lifestyle, dropshipping isn’t for you.
To run a successful dropshipping business, you need to be constantly on the lookout for new products.
Scouring the internet for hot trends and trying to find the next fidget spinner will take hours out of your day.
Not to mention, it’s not enough to just have the hot new product…
You also need to get the customers.
That means ads…
Lots and lots of ads…
Testing, tweaking, targeting, spending thousands if not tens of thousands of dollars before breaking even.
Not to mention, Facebook hates dropshipping, meaning one of your top traffic sources could shut you down at any time.
All of this leads to a very stressful life, not a lot of money, and a lot of time wasted.
Time that could be better spent so you can actually live the life you want.
Now, what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day running ads, researching products, and trying not to get banned by whatever platforms you’re using?
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is nothing like dropshipping, and that’s probably a good thing.
However, if you’d still like to know more about Store Formula, keep reading.
Rank: Ranked #9 out of 8 drop shipping courses
Length: 9 hours 17 minutes
Content: Video instruction lacks on some areas, but offers new methods on marketing and an alternative platform to Shopify
Rating: 3/5 stars
Price: $997 (As of February 2020)
Store Formula is a video learning material that provides people a way to make money in the eCommerce industry.
Also known as Store Formula 3, the program employs a process that’s specific to the program.
Store Formula’s method involves working hand in hand with commerce HQ and dropshipping. The combination of the two aims to create a self-sufficient dropshipping system for your store.
It’s perfect for the newbie who wants to start an entrepreneurial journey with e Commerce and make money full time.
And for someone who has no experience nor background on dropshipping, can this program really deliver when failure rate in dropshipping is rather high?
But I have to say, its coverage on traffic sources is pretty limited. It would have been more helpful if they covered more.
Jon Mac is a successful marketing strategist, mentor, motivational speaker, and entrepreneur who is behind several online courses, books, and platforms. Store Formula, Formula, and CommerceHQ are some of them.
He claims that the reason why he does what he does is because he wants to contribute to his students success – kinda like paying it forward.
Then again, that could just be another sales tactic to draw potential subscribers.
Also, Jon Mac does not have a large following on Facebook, YouTube, and other social media platforms and channels which I find odd. Most dropshipping course creators boast of a large social media presence which obviously enhances their credibility and authenticity to potential users.
Store Formula, or also known as Store Formula 3, is an online course that uses dropshipping and CommerceHQ (which Jon Mac co-founded) to employ different methods in making money through an online store.
The course will be carried out in several formats: Ultra HD videos, webinars, mp3 recordings, and transcripts.
It’s important to emphasize, as I’ve mentioned previously, that this course focuses on dropshipping and assumes that the dropshipping is within the United States only.
Store Formula is a step by step video instruction on drop shipping spread out in a 4-week course outline, 53 videos to be exact that run for a total of 9 hours and 17 minutes.
Store Formula is perfect for anyone who is a newcomer in eCommerce. It promises to help you build your online store from the ground up.
The method is done in a step by step fashion which I think is really great for someone who is not familiar with dropshipping.
What’s great about its design and structure is that where there is internet connection, it is accessible anywhere via a mobile device or desktop. More importantly, it’s updated regularly which I think is very crucial when it comes to running an online business.
When you become a member of Store Formula, you automatically gain access to CommerceHQ which is another course by Jon Mac that tries to mimic the functions of Shopify.
The entire course focuses on how you can build a maximum of six online stores with the use of Store Formula’s methods, as well as Jon’s Commerce HQ.
When you become a member of Store Formula, you get a free subscription for 1 year!
That means you get to use what Jon calls as the “highest converting eCommerce platform in the world.”
The 1 year free access is valued at $3,588. And within 24 hours, you can expect some conversions happening for you.
Store Formula’s course package includes access to their alumni community. Get to enjoy nonstop and unlimited interaction with more than 3 thousand students through their private Mastermind Facebook Group.
Jon Mac boasts of his proven results with his program. In his very own words, he says it quite accurately:
Thousands of successful students, 32 millionaires and 256 6-figure earners. My biggest goal with this program is to create as many successful students as possible. I stop at nothing to give my students the tools they need to push through and make it in Ecommerce.
He says this to challenge potential users with bold confidence:
Simply signup for the program, watch the content, launch a store and ads and if you’re not completely satisfied you can request a full refund as long as you send proof that you launched a store and ads.
Store Formula has a total of 53 video modules, all in Ultra HD, with a viewing time of exactly 9 hours and 17 minutes.
Total Video Length: 8 minutes & 58 seconds
The Welcome video gives you an introduction to the course, pretty much what to expect in the entire program.
Jon also introduces himself briefly and says that he created the course for these two:
Total Video Length: 2 hours & 37 minutes (10 modules)
Week 1 is all about helping you shift to the “right mindset” and quickly set up your Commerce HQ stores.
Mindset is central if you should become successful in eCommerce, so this part is something I’d like to commend them for.
It has several different apps and themes to choose from, and you create up to 6 online stores for one solid year.
Jon suggests that you begin with a general store, then when you find some winning products, you get to learn next how these can be added to Commerce HQ. And down the line, you will learn how to build your niche stores too.
Commerce HQ is a pretty straightforward tool that’s easy to use by anyone, even a newcomer. As a matter of fact, it’s so easy to set up that you can launch it within 24 hours – sometimes even less!
As expected, this is where some issues circle around the Shopify and Commerce HQ platforms. Presumably, the latter is supposed to be more streamlined than Shopify.
But since I don’t intend to put up a dropshipping store anytime soon, I have not tried Commerce HQ yet.
If you encounter any glitch or issue, Jon Mac Store Formula has a decent support team that addresses your concern through their email client support system.
You should expect though that majority of the modules talks about the right mindset. Being a business coach himself, this is kinda expected.
As such, Jon Mac gives this “equation” to his students:
Current State + Plan and Daily Execution x Time you put into it = Your Dream Life.
Total Video Length: 2 hours & 17 minutes (14 modules)
Week 2, as the title implies, is all about finding the winning products for your Commerce HQ store.
Jon shares that reinventing the wheel in this type of business is risky so he recommends to go for proven products in the market. Here, he shows you exactly how to find them through Facebook feeds.
Additionally, Mac Store Formula uses a unique software that enables you to go through all active ads on Facebook. And this makes identifying winning products so easy.
Jon Mac also highlights the fact that you can make 6 figures a month with only one product per store.
Other equally important topics he covers here are profit margin and pricing for your products.
Total Video Length: 1 hour & 55 minutes (11 modules)
Week 3 of Store Formula focuses heavily on Facebook Ads.
According to Jon, Facebook is key to quickly advance your eCommerce business, claiming that they cracked the code on how to effectively use Facebook Ads. And if you don’t know this, you’ll be missing out on a lot of money.
This module walks you through the step by step process on how to put up and run a successful Ad campaign with the use of Jon’s formula.
Total Video Length: 1 hour & 29 minutes
Week 4 is all about outsourcing.
Here, Jon teaches you the importance of building your own team so that you can realize the “dream lifestyle” you want. After all, this is where you should arrive in your entrepreneurial journey.
With a team, your online store can run with the needed support without you micro-managing the operations.
By doing this, you get more time. And more time means you get to focus on other stuff that you also want to do or pursue.
Jon Mac recommends to hire people for the following:
The problem with this though is that he isn’t completely clear on the how to’s of these suggestions. If the students are newbies, they definitely need more concrete guidance than just talking about it vaguely.
I could think of a dozen of other things that he could have added here.
Total Video Length: 48 minutes
I’ve recently had the chance to access 5 Q&A sessions with Jon Mac.
The following are what I like about these modules:
Judging by the students success stories and testimonials you find on their website, it seems that it is!
But we all know that we can’t be entirely sure about these testimonials, simply because there is no way to verify if they have been manipulated and faked.
And then of course, it could be a part of an CommerceHQ affiliate program for all you know.
Below are some features you would find in CommerceHQ:
I do think that the course is well structured, and that enough to keep you rolling for the week.
However, I don’t think that the content is worth the price tag. Given the extras and other support you get from the team, things get a little better though. CommerceHQ alone valued at $299 a month.
So I say, it’s really up to whether or not you want to try and take the risk on this business model which, if you ask me, isn’t the best for this year.
You can certainly make money with dropshipping, but if you’re gonna put in the amount of grueling work to become a dropshipper (which, trust me, isn’t easy), you might as well bring in some REAL money.
So, is Store Formula a scam?
Not technically. You can make money with this program, but it’s definitely not as easy as Jon Mac makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months, $3-5k in the hole on ads (because that whole “get started with $5 a day” thing is total BS) and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike dropshipping, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
The ScamRisk team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With dropshipping, you don’t really own anything. You have no control over the quality of products. You don’t even own the products because they go straight from the supplier to the customer.
Yes, if you’ve got a Shopify store, you technically own that. But if every ad platform suits you down, you’ve got a store with no customers. Which is literally worthless.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: Ok, so technically you don’t have to worry about inventory since you’re not filling up your garage or a warehouse with products.
But, you still have all the headaches of a physical products business.
Since most dropshipped products come from China, you already have a 2-3 week wait time from when a customer places an order.
But right now, with global supply chain issues, your customers would be lucky to get anything in less than a month.
Imagine finally landing your first customer after months of experimenting, and then getting hit with a refund request or chargeback because they had to wait 6 weeks to get their order.
With Digital Real Estate, a 100% online business, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with dropshipping, you’d have to double your inventory, your profit margins, OR your average order value. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. 99.9% of the time, dropshipping provides no value to anyone but the seller.
In a lot of cases, it has a negative impact on the customer because of poor product quality and an overall bad experience (i.e. waiting 6 weeks to get your order).
And that makes it pretty hard to sleep at night.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Store Formula which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.