• Home
  • |
  • Blog
  • |
  • #15 Planning for your Amazon FBA Business

October 2, 2015

#15 Planning for your Amazon FBA Business

This Episode, #15,  deals with a big area: Planning for your Amazon FBA business. It’s not as sexy a topic as some, but it’s a must if you want to develop momentum and hit big, exciting goals.

**STOP PRESS** REVIEWS CONTEST!

The first 25 people to review the show on iTunes will be entered into a draw. The winner will receive a £50 Amazon Voucher from Amazing FBA!  
Head over to iTunes now and leave your review! If you haven’t  already, you can also subscribe through iTunes to get all the info you need to start your own successful Amazon business!

CONTEST EXTENDED to the end of November or 1st 25 reviews, whichever comes first !

SHOW NOTES FOR EPISODE #15

See below Shownotes for Your Free downloadable Excel spreadsheet for Quarterly planning! 

    1. Overview
      1. Targets (money in) & Resources (money out)
      2. Approach/Mindset
        1. “Planning is indispensable; Plans are worthless”
    2. TARGETS/ Needs
        1. Financial
          1. sales targets -$/units/mo
          2. gross profit
          3. net profit
          4. free cashflow
        2. Exit strategy?
          1. timeframe
          2. value/money
          3. marketplace?
        3. time
          1. time to x sales/month
          2. time available (hours/week/month)
        4. contacts/prospects/customers  (if any yet)
          1. existing lists (if any yet)
          2. JVs (joint ventures – if you have industry contacts)
        5. Products
          1. Amazon Top Level category?
          2. no. products
          3. no units sold (inventory)
        6. skills areas to develop
          1. business building!
            1. mindset
            2. skills
            3. business structure (blueprint)
            4. planning
          2. product research
          3. sourcing
          4. marketing Channels
            1. Amazon PPC
            2. Email list building
              1. Lead Pages
              2. aWeber
              3. inserts
              4. FB marketing?
            3. Social media
              1. FB
              2. Youtube
              3. Twitter
          5. marketing calendar – depending on your market…
            1. Halloween
            2. Thanksgiving
            3. Christmas
            4. Mother’s day
            5. Father’s day
            6. Valentine’s day
            7.  4 July
          6. customer service
          7. financial planning
        1. professsionals/outsourcing
          1. photographer
          2. designer
          3. sourcing agent
          4. book-keeper/accountant
          5. Social media/blog VA
          6. customer service?
        2. mentors/peers

Your Free downloadable Excel spreadsheet for Quarterly planning! This is roughly the process I use but it is something of a first draft, so let me know how you would like this improved.

Loader Loading...
EAD Logo Taking too long?

Reload Reload document
| Open Open in new tab

Download [1.43 MB]

HOW TO SUBSCRIBE TO THIS PODCAST

A podcast is a free downloadable audio show that enables you to learn while you’re on the go.  To subscribe to my podcast for free, you’ll need an app to listen to the show from.

For iPhone/iPad/iPod listeners – Grab your phone or device and go to the iTunes store and search “Amazing FBA”.

This will help you to download the free Podcasts App (produced by Apple) and then subscribe to the show from within that app.  Every time I produce a new episode, you’ll get it downloaded right on your iDevice.

For Android listeners – Download the Stitcher Radio app (free) and search for “Amazing FBA Podcast.”  Or, if you have already downloaded a podcasting client, follow the directions in the next sentence.

For podcast enthusiasts – If you already listen to podcasts and have a podcatcher that you prefer, the feed you’ll need to add is: http:// amazingfba.com/feed/podcast.

For those who don’t have a mobile device – You can always listen to the show by clicking the audio file at the top of this page.

If you have any queries, just go to www.amazingfba.com/ask.

Watch Future Planning

[video_page_section type=”youtube” position=”bottom” image=”” btn=”light” heading=”” subheading=”” cta=”” video_width=”1080″ hide_related=”false” hide_logo=”false” hide_controls=”false” hide_title=”false” hide_fullscreen=”false”]https://www.youtube.com/watch?v=-_UIvmPQbI0&feature=youtu.be[/video_page_section]

Related Posts

Mastering the Art of Selling Amazon Business: Legal Issues Unveiled

Mastering the Art of Selling Amazon Business: Legal Issues Unveiled

Cash Flow Problems and Solutions – Turn Your Amazon Business Around

Cash Flow Problems and Solutions – Turn Your Amazon Business Around

Selling the exact same e-commerce product as your competitor? 12 ways to Beat them (Part 1)

Selling the exact same e-commerce product as your competitor? 12 ways to Beat them (Part 1)

Avoid Legal Deal Killers: Selling Amazon Business

Avoid Legal Deal Killers: Selling Amazon Business

Michael Veazey


Your Signature

Leave a Reply


Your email address will not be published. Required fields are marked

  1. Hi Michael

    Thank you for a great podcast

    Lots of new ideas and things we need to look out for which we wouldn’t necessarily have thought about
    Specially about needing to keep 30% of money for ordering new inventory

    Keep up the good work

    1. Hi Anila,
      Thank you! Glad it’s helpful. Yes, greatly increased sales implies greatly increased inventory cash needed. Kind of obvious when you think about it- but I haven’t seen any gurus mention this awkward fact!
      Keep listening!
      Best wishes
      Michael

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}