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.
In this episode, I talk with Sean Elias of Helium10 where he tells us how he got started with the company, what Helium10 is, the different tools offered for Amazon sellers, and how to choose an Amazon product.
Today I want to address something that feels like it’s for beginners, but everybody I’ve met in business, and in life, needs to reflect on this profound thought. In this episode, we will discuss the sunk cost fallacy, and knowing when to stay invested in an idea or product, and when to move on. Doing proper Amazon product research is important to avoid this.
One of the biggest problems sellers face on Amazon is finding the right product. The key is to try and eliminate every idea you can and only pursue the products you can’t find a good reason to ignore. In this episode, I will go over my process of product elimination. This is just one lesson in my new course, Product Launch Process.
I am giving away ONE membership for the new course. For your chance to win, enter at amazingfba.com/contest.
Everyone focusses on Products when deciding what to sell on Amazon.
And they focus on numbers on Amazon.
Find out why this is SO misguided in late 2018 and beyond…
On this instalment of Amazing FBA, 10k Collective member Ashley Pearce returns with part two of our interview. If you missed part one and you’re a seller new to Amazon, make sure you go back and take a listen to Episode 252. If you’re already caught up, today we’re going to be talking about scaling a business; specifically scaling a business up to $1 million in turnover per year.
Today I want to talk about risk/reward and failure & innovation. These are my take on some thoughts from Jeff Bezos.
On the last episode of The Amazing FBA, I talked about the realities of private label selling on Amazon. Consider this part two about how to sell on Amazon. Today I’ll be talking about some more practical tips. Don’t forget! If you want to sign up ETTR (Escape the Rat Race) Workshop, we’ll be covering all this and much, much more!
This will be the final installment of my interview with Reed Menssa where we tackle how to sell products on Amazon.