Hi guys, Welcome to the Advanced Video Search Engine, and you are watching How I Grew My Amazon Business to $4.2 MILLION in 12 months! (STEAL MY STRATEGY). That video is uploaded by alpha Mpire at 2023-04-05T08:21:44-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [UikGBFQv3Dg]
| Name | How I Grew My Amazon Business to $4.2 MILLION in 12 months! (STEAL MY STRATEGY) |
| Video Uploader | Video From alpha Mpire |
| Upload Date | This Video Uploaded At 05-04-2023 15:21:44 |
| Video Discription | *FREE WHITE LABEL STEP-BY-STEP GUIDE* https://www.thewhitelabelmpire.com/optin I hope to see you on the inside! Please subscribe because together WE are going to do AMAZING things! Best Hair Product in The UNIVERSE! http://peteandpedro.com Use Code: ALPHA10X for 10% OFF Your Order! Hair Product & Grooming Advice: https://peteandpedro.com/pages/advice I Best Skin Care In The UNIVERSE! https://tiege.com/alpham Custom Men's Ring (Like I wear) https://enemy.com/products/ring All promotion and advertising inquiries: Terry@MENfluential.com Instagram: https://www.instagram.com/aaronmarino/ Alpha M. App: http://www.alphamapp.com/ FaceBook: https://www.facebook.com/IAmAlphaM Twitter: https://twitter.com/IAmAlphaM Instagram: on https://www.instagram.com/aaronmarino/ All Things ALPHA M. https://www.alpham.com Pete & Pedro: https://www.peteandpedro.com MENfluential Media: https://www.menfluential.com Tiege Hanley: https://tiege.com/alpham Salon Posta: https://salonposta.com Amazon is an incredible opportunity, but it comes with a lot of headaches. I didn't always want to sell on Amazon, and I was actually against Amazon. I Around September 2022, my marketing director proposed getting us into Prime and FBA. He said that we could make up our margins based on volume. He said we won't care that margins have shrunk because we'll do much more business. So we tested it, and sales for our test product went from an average of 60 to 250 a month. We tried the same test for other products, and the same increase happened. This was a light bulb moment. COSTS & BENEFITS: Now let's talk about margins. Off the website, the margins are around 26% after discounts and everything else. Now with Amazon, they take 36 cents on every dollar. It works out for a 20% margin for Pete & Pedro on Amazon FBA. But the marketing is super easy, effective, and targeted, and it is the best bang for your advertising buck. Also, once reviews and ratings climb, sales will climb. People are organically finding your products and store. One thing you have to do before shipping off your products to Amazon is to bag and label each product with a sticker. You can't just ship products that you get from your vendor or manufacturer over to Amazon. You have to do a bit of legwork. SETTING UP A SUCCESSFUL STORE: Setting up an Amazon store is relatively easy, but to take the store to the next level, you need A+ content. We had a store on Amazon for a long time, and it was average. But when we decided to go heavy on Amazon, we invested time and resources in building the store, which was about 400 hours worth of work and money on an agency. Amazon is all about ratings, but reviews and stars are difficult to get. Your products won't show in search results until you have 20 to 30 reviews, which these reviews need to be good. And with Amazon, there's no faking the reviews or even having your friends and family submit reviews. If Amazon gives you a badge, sales will go through the freaking roof. You can get that badge for different search terms, but the downside is you can lose it without explanation. You're basically competing against other competition in your space. POOR SELLER SUPPORT: Another important note is that Amazon doesn't have good customer service for its sellers. And when I say they don't have good customer service, I mean they have no customer service. Amazon doesn't ask questions. They will kick you off if they think they have a reason to kick you off. Then it's your job to prove that you weren't doing XYZ or fix whatever it was. Amazon can flag your product as hazardous or miss a classify it. At that point, you're off Amazon. It's incredibly challenging to sell on Amazon. Even if you think you have everything situated and are out of the woods, you're not. These types of issues still happen weekly to Pete & Pedro. Bottom line: Amazon is a devil that you learn to dance with. HOW TO GET SELLING ON AMAZON: If you want to sell on Amazon, you could go to Alibaba after finding a product you want and get the desired version. Work with the manufacturer to design your logo and label to create your product. On Amazon, many people sell the exact product, just labeled and packaged differently. The upside is that you can start an Amazon store reasonably quickly. However, I'm not a fan of selling exclusively on Amazon. One of the downsides to Amazon is that you have no access to customer data. For instance, you cannot build an email marketing list. I recommend having two separate businesses. One is your.com, and one is Amazon. Think of it as a wholesale account. Amazon is like my wholesale account, with the margins being lower. The good news is the scale and growth are tremendous on Amazon. And if you have your.com, you can build your lists. If you can build a successful Amazon store, there are a lot of people out there that would love to buy it. Tons of people are interested in purchasing successful FBA businesses. UikGBFQv3Dg |
| Category | Education |
| Tags | grant Cardone | alex hermozi | coffezilla | make money | get rich | fake gurus | how to make money | how to invest in real estate | investing | financial tips | advice | entrepreneur | how to make a million dollars | easy businesses | how to start a business | aaron marino | alpha m | business advice | graham Stephen | easy business to start | selling on amazon | how to start an amazon business | amazon business | amazon | amazon fba | how to start an amazon store | amazon seller | amazon tips |
