It is still viable – if you can invent something, it does give you a major advantage.
PL still works but not in commodities.
And you need to differentiate. You can’t just put your logo on something from Alibaba.
Read the reviews and you’ll have to work with the manufacturer to fix that
You can differentiate with packaging, bundling, etc.
You have to put up a bit of a moat.
Kevin King – is a 7-figure Amazon seller
Hosts $5000 events – $1 billion summit in Austin, Texas
Not part of Helium10 but friends of them
Lead mentor in Helium 10 elite – used to be Illuminati
Has spoken at 30 different events
The Amazon Business marketplace is growing!
Amazon announced a major milestone this week. 3rd party seller products are now available to more than one million business buyers including hospitals, universities, daycares, government agencies, restaurants, Fortune 50 companies and sole proprietors in the USA
It also announced that sellers are offering a Business Price on millions of products making them more discoverable and appealing. This feature can be added in the “Business Price” column of the Manage Inventory dashboard.
Principles are natural laws that are external to us and that ultimately control the consequences of our actions. Values are internal and subjective and represent that which we feel strongest about in guiding our behavior.
Values govern people’s behavior but principles govern the consequences of those behaviors.
I have come to believe that humility is the mother of all virtues. Humility says we are not in control, principles are in control, therefore we submit ourselves to principles.
Pride says that we are in control, and since our values govern our behavior, we can simply do life our way. We may do so but the consequences of our behavior flow from principles, not our values. Therefore we should value principles.
“We all know what a financial bank account is. We make deposits into it and build up a reserve from which we can make withdrawals when we need to.
An Emotional Bank Account is a metaphor that describes the amount of trust that’s been built up in a relationship. “
“Before moving into the area of public victory, we should remember that effective interdependence can only be built on a foundation of true independence. Private Victory precedes Public Victory.”
“Self-mastery and self-discipline are the foundation of good relationships with others.”
“There’s no way to parachute into this terrain. The landscape ahead is covered with the fragments of broken relationships of people who have tried. They’ve tried to jump into effective relationships without the maturity, the strength of character, to maintain them.”
Amazon’s Deliveroo investment, representing its latest push into the UK food delivery market, was facing mounting opposition this week as critics of a $575m deal with Deliveroo voiced concerns about the control it will exercise over the UK business.
The food delivery company Deliveroo announced its deal with Amazon on Friday. Saying that Jeff Bezos’ e-commerce empire was the lead investor in a giant $575m (£450m) funding round, taking the total amount of cash raised by the business to $1.53 billion.
The announcement of the Amazon Deliveroo investment sent shares in rival online food delivery companies such as Just Eat and Takeaway.com falling fast.
Time Management for e-commerce is an absolutely critical skill area. Time management can be the single biggest block to even starting an e-commerce business. And for an established, busy e-commerce business owner, managing time is just as critical.
In this episode, we focus on the learnings from the wonderful book (and also audiobook) –
“7 Habits of Highly Effective People” by Steven Covey