Tony & Vik: Five Things You Need To Research Before You Start Your Amazon Business

TONY & VIK

BUILD | GROW | PROSPER

Why Amazon?

Build quickly an online business, and grow your sales in the largest “shopping centre” of the world - Amazon.

Five Things You Need To Do To

Succeed On Amazon

September 13, 2018

After you have prepared and activate your listing, you have to continuously improve your listing to gain more sales and eventually, succeed on Amazon.

Maintaining a healthy account is very crucial so that Amazon will not shut down your listing and/or account.

It’s important that your actions are systematic and based on numbers and researches Amazon have given you. If the listing is well-made, then optimization is unnecessary at the beginning.

You can proceed with ranking and increasing sales.

1. Amazon Ads

In the beginning, you have to advertise your product to gain visibility, rank, collect data for strategy, and make sales.

The objective is to be on top of some keywords and get organic sales.

Amazon Ads will spread your product on many keywords and will give you a report about the keywords or keyword phrases your product is most popular through clicks and sales.

Afterwards, you can plan your strategy around these keywords to rank up faster.

For example, a person is selling mullets and advertising it on Amazon with keywords like, mullet wig, mullet headband, mullet on the go, etc. for 2-4 weeks.

On the report, let’s say ‘mullet on the go’ has the most click and most buy, which, obviously, is your winning keyword.

From there, you can start placing more money on that keyword in order to rank up and, eventually, gain organic sales.

Tip: On Amazon, a ‘sale’ is only registered as sale when the product is shipped. So, don’t freak out when you only see expenses and no sales on the Sponsored Product Dashboard during your first days of advertising your product. If your ads start to spend more than you wish, then pause it or lower the daily budget.

2. Product Evaluation

After gathering your product reviews and running your advertisement, you have to gather and evaluate your data.

This will lead to a clear decision whether you will fix your listing or rank your listing. If the conversion rate is below 15%, then fix the listing. Otherwise, you can proceed to ranking.

Conversion means the rate of people who visits your listing and buys your product. For example, the listing has 20 visitors per day.

Out of that 20 visitors, only 1 person buys your product.

Thus, the conversion rate [(1 / 20) * 100] is equal to 5%.

Tip: You can fix your listing by improving your images, texts, and reviews. Remember that customers compare your listing to your competitor’s listing.

3. Listing Optimization

When the listing is below 15% conversion rate, you have to optimize it to match your target audience that will click and buy your product.

These are the elements that affect the conversion rate of your Amazon listing: keywords, price, reviews, images, title, bullets, and description.

Improve all of of these elements by making it relevant, competitive, producing good quality products for positive reviews, and compelling to convince customers that your product is better than the other similar products in the market.

A good conversion rate is 20% and above; normal is 10% - 20%; and, bad is 0% - 10%.

If you still encounter problems with your conversion, you have to redo your product research, including your product blueprint until you can answer for yourself ‘why customers will buy your product rather than your competitor’s’.

4. Ranking

Ranking means getting on top of the search result page when someone is trying to find something using your keyword phrase.

This will result to sales without spending for advertisement, which is called “organic sales”. Find your winning keyword through your Search Term Report.

Learn how to read the report by watching this video.

When you found your winning keyword, meaning it has more than 15% conversion rate, you can have a business investment with Product Giveaways through discount campaigns. By doing this, it tells Amazon that your product is popular, which will eventually increase your Amazon listing ranking even more.

This will also contribute in getting more reviews. You can do this by:

1. Choose the winning keyword phrases from Amazon Search Term Report.

2. Create ad campaigns on this keyword and bid up to $5/click. You can use BID+ on these campaigns.

3. Create 90% OFF promotions for your product.

4. Reserve your inventory for the quantity you want to sell per day.

5. Set the listing maximum order quantity to 1 so that every person can only buy 1 unit.

6. Advertise the coupon code with your storefront URL that has the keyword on the URL.

7. Give away 10 units per day.

8. Run the promotion for 8-10 days wherein you will use different codes everyday. It means that when the 10 units have been exhausted, shut down the coupon code for that day. Then, repeat the advertisement with a different code everyday.

5. Evaluate Results

After 10 days of running the Product Giveaway, do the following action:

1. Shutdown the BID+ and lower the bids on ads

2. Shutdown all coupon codes

3. Unreserve the inventory

4. Evaluate product ranking before/after

5. Evaluate product sales before/after

6. Wait additional 7 days

7. Evaluate rankings and sales again.

Here’s an example of the evaluation for product ranking and product sales before and

after doing the Product Giveaway:

Every row is equivalent to one product and one keyword ranking. First column is the number of units given away during the eight days promo.

Second column is the total amount spent on give away, including unit cost, shipping cost, and advertising cost.

Third column is the daily sales before and, fourth column is the daily sales after give away.

Fifth column is the ranking before the giveaway and sixth column is ranking after, which means that after nine days, the listing is already on the first page.

Last column is the ROI score, which means the number of days that took us to get back the money we spent on give away.

The more expensive the product, the bigger the investment.

If you have less competition, then you have less units to give away. Also, time of the year can affect how many units you need to giveaway.

Lastly, if it doesn’t work well as you have hoped for, don’t get discouraged since giveaways are not the only way to rank, although it can be extremely effective.

By Roxie

September 13, 2018

SHARE ARTICLE!

Comments:

FB Comments Will Be Here (placeholder)

Five Things You Need To Prepare Before You Launch, Optimize, And Rank Your Amazon Listing

September 07, 2018

While waiting for your product to arrive the Amazon warehouse, take this time to prepare your listing.

Keep in mind that this is your selling proposition, which is based from all the researches we have done.

Most Amazon sellers do not conduct this research that is why it is our competitive advantage to have all these information we can use to create a better listing from our competitors.

Here are the 5 things you need to prepare on your listing before you can launch, optimize, and rank your product:

1. Keyword Research

When a person is looking for something on the internet, s/he types a single word, called “keyword”, or a phrase, called “keyword phrase”.

This is the same for the search field on Amazon when customers want to buy something.

The most important keyword, which best describe your product, must be placed on your listing headline.

You can also include keywords or keyword phrases on your bullet points.

On your Amazon Seller Central, you can add more keywords, images, and all other data at the backend.

This is maximum of 250 characters, no commas, and no need to repeat words.

Keywords will help you gain visibility, which will lead to sale. You have to identify the most relevant, most searched, and lowest competition keywords for your product and add it to your headline, bullets, and backend.

This tells Amazon what product you are selling and on which keywords you need to register your product.

You can also use different techniques for your keywords like misspellings, other brand names, and seasonal keywords like “Prime Day”, “Thanksgiving”, “Christmas”, “New Year”, etc.

Tip: Always use the most important and highly searched long-tail phrase at the beginning of your headline.

Watch this video to understand keyword strategy.

2. Amazon Copywriting

When you’re just starting with your Amazon business, Amazon copywriting refers to the headline, bullet points, and product description.

Use the information on your Product Blueprint like the solution your product has based from the customer’s bad review on your competitor’s listing, the demographic of the customers who buys the product you’re selling, and the occasions your product is most popular.

Add these information and write it on your bullet points since this is the most important compared to product description.

Tip: Most common mistake of sellers is writing what the product has or does, rather than the benefit for having these products.

Always add “call to action” at the last bullet and product description to remind your visitors to add your product in their cart.

You can use this Amazon Description Editor to create a product description that’s more appealing. You can also hire someone from Fiverr or UpWork to do your copywriting.

You can also check these instructions for creating your copy:

3. Product Images

Amazon Images has 7 visible images on the product listing.

After getting the right keywords indexed, product images is the most important to succeed in this business.

Create high quality, crisp, and clean photos that’s very appealing and can convince your visitors to click on your listing, especially on your first image / main image.

Understand your customer’s needs, desires, fears, and passion and show it on your images.

This will more likely help your product sell.

Tip: As much as possible, do not add any logos or texts on the images. If it needs informative text, use minimum amount of text, but don’t do any selling. Do it at your own risk.

Read Amazon Images Terms of Service before you proceed.

4. Listing Activation

Now that you have your keywords / search terms for your product listing, title, bullet, product description, price, and your stocks have arrived, you can now activate your product listing.

Once activated, it will get sales.

Watch this training video on how to upload product on Amazon.

5. Getting Reviews

Most customers rely on product reviews before they purchase your product, especially if there are many good quality reviews.

This increases conversion rate, sales and have direct impact on rankings.

Amazon does not allow giving incentives or bribes in exchange for reviews.

However, it is allowed to ask for honest product review and feedback from your customer.

Disclaimer: There are risky and dangerous ways in getting reviews and we do not take any responsibility for the consequences when you decide to use the following techniques to get product reviews.

1. Ask your friends to purchase your product with full price on Amazon and follow the steps in this link.

2.Join Private Amazon Review Groups on Facebook like Amazon Reviewers Group Facebook Page and ask people to reach out who want to review a product.

3. Create Social Media Posts to gather people interested to post a review your product.

4. Reach out to users who reviewed similar products and ask would they like to review your product.

5. Solicit the top Amazon reviewers. Amazon List of Top Reviewers. Ask how they would be able to review your product and follow instructions which they will give you. Do not incentivize!

By Roxie

September 07, 2018

SHARE ARTICLE!

Comments:

FB Comments Will Be Here (placeholder)

Five Things You Need To Do With Your Product Before You Ship It To Amazon Warehouse

September 03, 2018

After we have done our researches for the perfect first product, we are now going to source for the right supplier.

It is important you know what makes your product stand out from the rest of the crowd, ensure good quality, and ship it fast to Amazon.

X-Factor

What is an x-factor, you asked? Well, an x-factor is the additional value your product has that your competitors doesn’t have.

It can be seen on your main image, price, and headline that entice your target customers to click your listing. This is usually done through Amazon advertisement at first.

Our goal is to ranked higher and have organic sales - meaning, customers are clicking the listing without the help of paid advertisements.

Assuming that you have done your Product Market Research / Perfect Product Blueprint, you now have the competitive advantage of identifying your x-factor.

You can make better main image quality, include additional items on your main image like packaging or bundle for the same price, and, a better headline that solves the issues stated in the reviews of your competitors.

With these added values, you have more chance of ranking faster than your competitors.

Product Sample

While most manufacturers on Alibaba have good reputations, you still have to ensure that they understood what you want from your product.

Once you have identified the suppliers who can do your product, order at least 3 to 5 product samples from different suppliers, which you can pay via PayPal.

You can also order your competitor’s product from Amazon to compare its quality to the samples you have ordered from suppliers.

Once you have received the product sample, check your product blueprint and evaluate if the products have similar issues with your competitor’s product.

Otherwise, identify and analyse which product from which supplier has the best quality.

Then, decide if you will proceed with your chosen product, taking into consideration if all product issues have been solved and if it’s profitable.

Product Order

Once you have decided which supplier you’re going to order your product, send them an email requesting for Purchase Order (PO).

This is also called as quotation or invoice. They will require you to pay 30% down payment before they start manufacturing.

However, if stocks are already available, they will need you to pay 100%. Ideally, it is better to start selling products that the supplier already has stocks and skip the manufacturing process.

We recommend that you use PayPal or Alibaba secure payment.

DO NOT make any payments on anyone’s private account or use Western Union to pay your supplier.

Tip: When the product is done and ready for shipping, pay the 70% after inspection.

Product Inspection

Before you can order your inspection, you need to have your product listing, FNSKU labels (PDF) for the supplier to attach to each item, shipping plan, and shipping label (PDF) for master carton for the supplier to attach to each carton box.

You can google “Inspection Service China”, where you can find various options to choose from.

Send them the instructions, which is based from your product blueprint, and they will send you the quotation.

In the long run, we recommend that you always order inspection for every single batch to avoid selling poor quality product and receive bad reviews on Amazon.

Tip: Here’s how to label small-parcel shipments to ship to Amazon Fulfillment Centers.

Shipping To Amazon

Once the product passed the inspection, ask your supplier to ship it to Amazon warehouse.

There are two types of shipment: by air, which takes 7-15 days, or by sea, which takes 40-60 days. It is highly recommended that you ship your first product by air so that it will not take a lot of time to arrive to Amazon.

Likewise, most manufacturers do not offer shipment by sea since it includes a lot of paperwork.

Once you have proven that your product does sell, you can start looking for your own shipping agent or freight forwarder company.

As soon as your products arrived at the Amazon warehouse, they will store your products. Once a customer purchase your product, Amazon will pick, pack, and ship your product to your customer’s doorstep.

Amazon will charge you for the storage, pick, and pack of your product.

But, for the shipment to the customer’s delivery address, it will be shouldered by the customer.

Tip: When delivering products to USA, keep the value for each shipment under $800 to avoid hassle at the customs. When sending products to Europe or Canada, you will need an agent, who will charge duty payments from you, so that your products will not get stuck at customs.

By Roxie

September 03, 2018

Share

Comments:

FB Comments Will Be Here (placeholder)

Five Things You Need To Research Before You Start Your Amazon Business

August 29,2018

Every successful journey, started with a simple research. The journey can be about your academics, food, health, fitness, travel, or business.

We need to do our research before venturing out to the unknown.

Why? It’s because of self-preservation. It is in our nature to have the sense of security even though we know it’s risky.

How’s that even possible to be secured when it’s risky? Well, before you know it’s risky, you already did your research. You’ve read somewhere what are the pros and cons.

You know the success rate when you do this. And, you know what you will lose when you fail. With these knowledge, you are secured with yourself that this risk is worth taking, especially with the prize that’s waiting for you at the end.

With Amazon business, there’s also risk but more gain, especially when you do your researches right. You already know how much you will risk or invest when you start your Amazon business. We listed below the five things you need to research before you start your Amazon business.

This list will save you time and lessen your probability of making a huge mistake.

#1 Product Research

The first thing you have to do when starting your Amazon business is to identify the product you are going to sell.

It is important that your first product has good demand, low competition, and low supply on Amazon already.

It must be simple and not reliant on heavy instructions to have good quality. (Remember that having a good quality product is the most important factor to prevent bad reviews from buyers.)

The product must be small and light, preferably around 400g, so that you will not pay a huge transportation cost and you can ship it by air.

The item will arrive to Amazon warehouse in 7 days. If you ship it by sea, it will take several months before it arrives there.

It is highly recommended that the price range is between $10 to $40 because customers are tend to be more impulsive buyers with this amount.

Since this is our target range, we have to identify the product that is cheap to manufacture, preferably $1 to $3 per unit, so that we can order 50 to 300 units.

This way, your investment and shipping cost will be low.

You can find your first product by going through the list of Amazon Best Sellers, Amazon New Releases, and Amazon Search.

To evaluate the demand of a product, download the DS Amazon Quick View app. This is where you can view the Best Seller Rank (BSR) of each product, which is updated every hour by Amazon.

Here’s a step-by-step process on how you can identify a product opportunity:

Go to Amazon New Releases.
Go down to the third or fourth category
Find a simple, light, and small product that has a price range of $10 - $40, has a BSR of 20,000 maximum, and has a review maximum of 100 only.

When you have found your product, identify your potential competitors and evaluate their listing; identify the keywords where the product is most popular; and, analyze if you can make better main image than your competitors.

Then, rate your competition according to the following levels so that you’ll know how low the competition is:

Level 1: 1-3 images, 0-20 reviews, short bullets, short description, no video
Level 2: 7 images, 20-100 reviews, short bullets, short description, no video
Level 3: 7 images, 100 - 300 reviews, longer bullets, moderate text description, no video
Level 4: 7 images, 300 - 500 reviews, long bullets, moderate text description, no video
Level 5: 7 images, 500< reviews, strong long bullets, pictures in Product description, video on the listing

Tip: the lack of images is the best indicator of low competition.

There are few tools that you can use for product research: Unicorn Smasher or Jungle Scout. You can also use this Product Research Sheet for your product opportunity.

#2 Patent Research

After identifying the product you want to sell, you have to know if your brand or product has existing trademark by doing patent research.

Amazon takes intellectual property very seriously.

The challenged is that, it’s impossible to be 100% certain that it’s not already patented since it usually come and go, and they are market-specific (e.g.US, Canada, Europe, and China).

However, it must not discourage you to continue your progress. To minimize risk, order minimal inventory at first. You can start with your first 100 units and Amazon will accept that.

You can start your patent research in different marketplace below:

US: https://www.uspto.gov/
UK: https://www.gov.uk/search-for-patent
Canada: http://www.ic.gc.ca/opic-cipo/cpd/eng/search/number.html

Tip: When there are a lot of sellers selling exactly the same product, it’s an indication that it’s not yet patented.

#3 Profitability Research

When doing the profitability research, you need to ask potential suppliers of your product for the manufacturing cost, minimum order quantity, how long does it take for them to finish the inventory, and shipping cost to US.

You can find these potential supplier in www.alibaba.com, tick the “Golden Supplier” and “Trade Assurance” box because these are trustworthy.

Use the Product Research Sheet under the Key Information Tab to input the details that you gathered.

From there, you can calculate the total investment cost, net profit, and gross profit when you start selling on Amazon.

#4 Product Market Research / Perfect Product Blueprint

In this research, we will collect the information about the product idea we want to sell.

Read and study the competitor’s reviews to understand the needs of our potential customers.

The customer’s reviews will give us valuable information, such as possible quality, usability and safety issues, which we need to avoid when we are sourcing our product from China, evaluating samples, or creating listing and the content.

Eliminating these issues will make our product the superior one in the market.

Use this Product Blueprint Template to guide you while making your product market research.

#5 Listing & Shipping

Create your listing using UPC code and make a dummy shipping plan in your Amazon Seller Central so that you’ll know if Amazon will allow you to sell your product.

Amazon may require certification/s for your product that you have to ask from your supplier before allowing you to sell your product.

Later, when you confirm that you will continue with the product, you will print out the shipping label, and send it to your manufacturer.

It is important to do this before paying your supplier in full.

Once you have paid them in full, if Amazon asked for additional, i.e. certification, and you didn’t get one from your supplier, then they are no longer obligated to give you the said certification.

Watch this video on how you can create Amazon Listing and how to create Amazon Shipping Plan

Bonus: Plan of Action

We need to create a plan of action with all the information we have collected because our intention is to release better product that is currently on the market.

In the Product Blueprint Template, there are questions about product complaints, including quality, usability, instruction, and other issues.

With that information, we will create a plan of action for our sourcing by making a list that you need to discuss and negotiate with your supplier if they can prevent the issues on your list, including its additional cost.

Through this, you will learn and understand if that product idea is a good one or not.

Otherwise, look for another product that’s very profitable and will allow you to dominate the market.

By Roxie

August 29, 2018

Share

Comments:

FB Comments Will Be Here (placeholder)

How Much Do You Need To Invest To Start Your Amazon Business?

August 22, 2018

After knowing all the stages you need to accomplish to have a successful Amazon business,

I bet you are wondering how much do you need to invest to start your Amazon business, what is the minimum amount that you can invest,

and what is the good-enough-money to invest to start your Amazon business.

You also wonder where do you put all these investments. Read through this blog to know the items that you need to put money to and which item is optional.

Stage 1: Research & Development

On this stage, you need to open your Amazon Seller Central Account that’s worth $50.

You will also need to have your research tool so that you will have all the information you need for proper planning and execution of your Amazon business.

There are free research tool available, but our most recommended is the Jungle Scout which will cost you $97.

Total: $50 - $147

Stage 2: Sourcing & Shipping

When you have chosen your product to sell, the ideal cost when you order your product is between $50-$500.

Once your items are finished, it’s optional if you want a third party to inspect your product or not.

But, this may cost around $200. When you are satisfied with your items, you can ship it to Amazon that will cost $50 - $500 if you choose small and lightweight product.

Total: $100 - $1,200

Stage 3: Listing Preparation

You can prepare the listing yourself, which will cost you nothing.

However, you may opt to hire a copywriter and someone who will do your Amazon Images that costs $200 each.

It is advisable to hire someone to do these tasks for you especially if you don’t have the skills to do it properly, and the time to learn how to do it.

Speed is important when you’re just starting your Amazon business.

Total: $0 - $400

Stage 4: Launch, Optimization, & Ranking

When you are done with your Amazon listing, you need to advertise it to make that first sale.

Amazon Advertisement costs $100.

You can also do product ranking giveaways to entice more people to click your listing, which will make your keyword ranked up and indexed.

It is advisable to give away 80 units of your product. This will cost you 80 x your 1 unit product cost.

Total: $100 and above

In conclusion, you can invest for as low as $250. However, you have to allot more time to accomplish everything before you can make that first sale.

This can jeopardize your momentum to have that first sale.

If you want good quality product, more time to accomplish everything, and quick set-up of your Amazon business, you will have to invest at least $1,000.

This is a good enough investment that you will earn back when you complete your product launch and ranking.

There are so many people You can’t imagine how many people buy on Amazon.

There’s no faster way to earn back these small investments with this business model.

By Roxie

August 22, 2018

Share

Comments:

Four Stages You Need To Accomplish To Have A Successful Amazon Business

August 20, 2018

Amazon is the biggest e-commerce platform that gives convenience to their sellers by having also the biggest fulfillment center, Fulfillment By Amazon (FBA).

For these reasons, it is no wonder why you want to start your online business with Amazon.

However, you also wonder what are the things you need to do to become successful without

wasting a lot of time, money and energy because of the common mistakes you might encounter.

You are in luck! Because with Amazon Mastery Course, we will discuss these stages you need to accomplish to have a successful Amazon business.

But before we have an in-depth discussion for each stage, here’s an overview of what you will expect to learn with Amazon Mastery Course.

Stage 1: Research & Development

In this stage, we will discuss the different kinds of research you need to do before we decide which product you would want to sell.

We will start with finding your product opportunity, do some patent research, profitability research, product blueprint, creating Amazon listing, and create your plan of action based from the result of these researches.

Doing these researches will not take a lot of your time if you know where to find the answers

to your questions.

This is the most important part since this will make or break your Amazon business.

It is crucial that you learn and understand the business and your product before investing

a lot of your time and money so that it will not go to waste.

Stage 2: Sourcing & Shipping

This is the stage where we source the supplier that will reproduce your chosen product and

shipped it to Amazon.

Your product must have that X-factor wherein customers will prefer and buy your product rather than your competitor’s product.

Once you have identified that X-factor and relayed it to your supplier, you will ask for product samples. Then, you will order your product, inspect your product, and ship your product to Amazon.

Stage 3: Listing Preparation

While waiting for your product to arrive to Amazon, it’s now time to prepare your listing.

You need to do some keyword research, copywirting, listing images, listing activation,

and getting reviews.

Since no one knows your brand at this point, all of these steps are crucial to get your first sale.

Stage 4: Launching & Ranking

Once you have received that first sale, it’s time to boost your product through launching and ranking.

In this stage, you are already making sales on Amazon but you need to increase it in order to have your Return of Investment (ROI) faster.

You have to launch your Amazon ads, evaluate your listing, optimize your listing, rank your

product, and do some continuous improvement.

Knowing all of these stages will give you the clarity that you need to plan and execute your business plan effectively and efficiently.

This knowledge gives you a competitive advantage with your competitors who

doesn’t follow these stages.

In-depth discussion about these stages is discussed on the Amazon Mastery Course here: https://www.tonyandvik.com

By Roxie

August 20, 2018

Share

Comments:

FB Comments Will Be Here (placeholder)

Reasons Why Amazon Is The Best Place

To Start Your Online Business

July 25, 2018

There are many sales platform out there that we can use to start our online business.

But, why Amazon?

In this blog, we will discuss the reasons why Amazon is the best business opportunity and a great place to start your own eCommerce empire.

1. Amazon is a mammoth

Amazon is a huge player that you definitely cannot ignore.

In 2017, Amazon’s annual net sales revenue is $177.87B, Google is $109.65B, eBay is $9.6B, Alibaba is $39.9B, Apple is $229.23B, and Walmart is 481.32B.

Noting that Amazon’s founder, Jeff Bezos, has a net worth of $143.1B and the first person to top $100B as number one is Forbes list of the World’s Billionaires.

Amazon is the Top Online Retail Store with 1.87 billion average monthly traffic and 54.1% traffic share, followed by eBay and Walmart.

For this reason, the odds of getting customers and produce sales are highly in your favor even for a small start-up business.

2. Amazon invest heavily into growth

Amazon has more customers due to its Amazon Prime subscription wherein they offer more deals, discounts, and promos to their Prime members.

Likewise, they expand their marketplace outside of US and acquire market share in existing these marketplaces.

All of these can be used to our advantage as an Amazon seller.

3. Amazon has traffic

There’s a saying that goes like this, “go where the money is”.

Did you know that every other dollar in US eCommerce goes to Amazon?

So, that shows how huge of a player Amazon actually is.

They already have a huge amount of traffic in their website, especially in the US; It’s a safe and secure place to buy; and, people are already familiar how Amazon works!

Thus, you don’t need to get the buyer’s trust because Amazon has it.

4. FBA (Fulfillment By Amazon)

Amazon is the one handling the heavy part of eCommerce – logistics.

They handle shipment, return, and customer service related to orders.

Because of this, Amazon sellers can concentrate mainly on marketing and product listing optimization.

5. Amazon has 12 marketplaces.

Amazon already reached these 12 marketplaces:

USA, Canada, Mexcio, UK, Germany, France, Italy, Spain, Japan, China, India, and Australia.

They use similar/the same platform across all marketplaces, that’s why, it would be easy for you to use different marketplaces once you master one.

Also, they have the resources to break through in each market. So, there are more marketplaces to come as they expand.

6. Amazon provides scalability

Even if you sell in one Amazon Marketplace, for example in USA, you can still grow really fast and BIG.

But, of course, our target customer is worldwide, which we can use Amazon for to sell our products globally in the comforts of our home.

7. Amazon seller registration is fast to set-up

It’s quick to register and set-up your Amazon Seller Central account and you can start selling the same day.

8. Amazon is as passive as eCommerce can be

Building your Amazon account means building your own brand.

Unlike affiliate marketing or retail arbitrage where you sell other people’s products,

Amazon gives you the opportunity to sell your own product with your own brand, which you can sell later on if you choose to exit the business.

There’s a big demand for Amazon businesses (brands selling on Amazon) in US right now.

This means that there are a lot of buyers looking to acquire brands that are selling on Amazon.

By Roxie

July 25, 2018

Share

Comments:

FB Comments Will Be Here (placeholder)

No Content.

Share

Comments:

FB Comments Will Be Here (placeholder)

Articles

All Articles

Five Things You Need To Do To Succeed On Amazon

Five Things You Need To Prepare Before You Launch, Optimize, And Rank Your Amazon Listing

Five Things You Need To Do With Your Product Before You Ship It To Amazon Warehouse

Five Things You Need To Research Before You Start Your Amazon Business

How Much Do You Need To Invest To Start Your Amazon Business?

Four Stages You Need To Accomplish To Have A Successful Amazon Business

Reasons Why Amazon Is The Best Place To Start Your Online Business

Working...