300 episodes

Selling on Amazon - whether you sell on Amazon UK or USA, how to sell stuff - especially white label products - at a profit!

Using your Amazon seller account, as an amazon uk seller, how do you find the best products to sell online? How do you sell things on Amazon? What are the best selling products online? How do you get your own label products made? How do you increase sales on Amazon?

Our experts answer these questions and more - experts like Greg Mercer of Jungle Scout, Will Tjernlund, Manuel Becvar, Chris Green, Kevin King, and many many more.

Whether you are trying to get Amazon product research right; help sourcing from China; optimizing Amazon listings; dealing with Amazon PPC (aka Amazon ads) - we've got you covered!

Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners, Michael Veazey

    • Careers

Selling on Amazon - whether you sell on Amazon UK or USA, how to sell stuff - especially white label products - at a profit!

Using your Amazon seller account, as an amazon uk seller, how do you find the best products to sell online? How do you sell things on Amazon? What are the best selling products online? How do you get your own label products made? How do you increase sales on Amazon?

Our experts answer these questions and more - experts like Greg Mercer of Jungle Scout, Will Tjernlund, Manuel Becvar, Chris Green, Kevin King, and many many more.

Whether you are trying to get Amazon product research right; help sourcing from China; optimizing Amazon listings; dealing with Amazon PPC (aka Amazon ads) - we've got you covered!

    FBA Wholesale sourcing with Dylan Frost of The Wholesale Formula

    FBA Wholesale sourcing with Dylan Frost of The Wholesale Formula

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    Upsides of FBA Wholesale Sourcing



    You can start FBA Wholesale Sourcing with $250-500

    You can get started selling within a week  (cf 3-6 months with Private Label!)

    You can (and usually do) source and sell domestically ie within the same country as the marketplace. No international shipping!











































    Criteria for filtering for suitable products for FBA Wholesale sourcing





    at least $20 selling price - leaves profit after FBA fees etc.



    at least 40 units/month selling - no products sitting around not selling



    at least 3 sellers - eliminates private labellers











































    How to persuade brands to work with you on a wholesale basis

    - Position your small size as a win:  "we only have 2 brands so we'll take care of you personally"

    - Using the facts of a bad Amazon listing of "your" brand vs their competition. Show the truth of their listings on Amazon-  no need to brag about yourself.

















    How to predict Amazon wholesale sales

    Only FBA (Prime) sellers priced within 2% of the Buy Box are your true competitors

















    - add up sales revenue, then divide it by the number of true competitors plus 1 (you!)

    -you are selling a proven product -it already has proven sales





    Free Workshop

















    For an in-depth free workshop on the "Reverse Sourcing Wholesale" Amazon model, from Dylan and Dan, CLICK HERE

    (workshop ends Thursday 13 Feb 2020)























    Cashflow of Wholesale compared to PL





    PL can take you about 6 months to go from research to product life

    with wholesale you can order a product same day; you can get it live in 7 days

    you can turn $1000 into $1300 within a month (at a typical 30% ROI)

    then rinse and repeat

















    Capital required to replace day job income of say $50K/year with Amazon wholesale sourcing





    If you can invest $2000 at 30% ROI month on month, for a "perfect" scenario, you'd end up with a $1M business after a couple of years.



    That would be around $130K net profit every year.

    So your personal income as a business owner could be $40-60K while still leaving decent profits left in the business to grow it.





















    Protecting your Amazon seller account when sourcing wholesale





    Amazon LIKES this business model. Amazon themselves do it!

    Amazon makes more money when YOU Sell on Amazon than they do (15% referral fee plus FBA fees). So they like you doing this!

    Amazon has actually been REDUCING their presence as a reseller of brands. They prefer to let 3rd party sellers do the actual selling.





































    How to protect your profits as a reseller when sourcing wholesale



    only work with brands who don't easily take on new sellers (retailers)

    • 35 min
    SOP Creation with Nathan Hirsch of Outsource School

    SOP Creation with Nathan Hirsch of Outsource School

    Creating Standard operating procedures helps businesses to run effectively and organized by making sure their workers know how to do their job properly. SOP's will help you minimize mistakes and time taken to train your new employee.



    Today, Nathan Hirsch of Outsource School will help us understand more about SOP.



     

    You'll Learn:



    * The different parts of the SOP

    * The importance of identifying success

    * Steps in creating SOP

    * The things to be avoided

    * The classic errors in making SOP

    * How to make sure your VAs understand the SOP

    * Why video SOP is important



     

    • 23 min
    Dynamic Invention with Steve Anderson author of “The Bezos Letters” Part 2

    Dynamic Invention with Steve Anderson author of “The Bezos Letters” Part 2

    Jeff Bezos’s letter to shareholders had hidden in plain sight the principles they had used to grow. Steve is even more convinced than when published that the principles can apply.



    Steve Anderson is  The author of “The Bezos Letters”, 14 principles to grow your business like Amazon and he will share his thoughts about Dynamic Invention



     

    You'll Learn:



    * Amazon process that helps you decide to move forward

    * The Structure Narrative

    * Jeff Bezos' mindset

    * The power of intuition and wandering

    * How to implement Amazon's customer obsession



     

    • 25 min
    Dynamic Invention with Steve Anderson author of “The Bezos Letters”

    Dynamic Invention with Steve Anderson author of “The Bezos Letters”

    Jeff Bezos’s letter to shareholders had hidden in plain sight the principles they had used to grow. Steve is even more convinced than when published that the principles can apply.



    Steve Anderson is  The author of “The Bezos Letters”, 14 principles to grow your business like Amazon and he will share his thoughts about Dynamic Invention



     

    You'll Learn:



    * Invention VS Innovation

    * The process of Invention

    * The tools for Invention

    * Why you need to Experiment



     

    • 35 min
    Fulfilment for Amazon with Amit of Rosenthal Logistics

    Fulfilment for Amazon with Amit of Rosenthal Logistics

    3PL fulfillment for Amazon (using a 3rd party logistics warehouse to store products and send them to end consumers) has never been the preferred method for Amazon sellers. With some odd exceptions in the USA in Q4, Amazon’s FBA system has been fast, reliable, and affordable. 



    Until 2020 and the hit of COVID.  



    The huge increases in demand for eCommerce products in 2020 have been a boost for Amazon sellers. 



    Equally, it has caused major issues for the fulfillment of orders. Even Amazon’s mighty FBA infrastructure has, quite simply, been overwhelmed by the sheer demands on it. 



    Many Amazon/eCommerce business owners have taken 3PL fulfillment seriously for the first time this year. And rightly so. Done right, it makes sure you get the goods into the hands of your customers quickly and avoid losing out on sales by going out of stock. But done wrong, it can be a threat to your very ability to sell on Amazon. That’s a situation where expert advice is called for. Lifelong freight expert, Amit Rosenthal, talks us through the options and the downfalls in FBM.



     

    You'll Learn:



    * Reasons for doing FBM

    * Risks of FBM

    * How to handle order management and linking FBM warehouse to Amazon

    * How to keep an accurate inventory in 3PL

    * When should you use Long and short-term storage



     

    • 22 min
    International ecommerce sites with Chris Scrimgour of Payoneer

    International ecommerce sites with Chris Scrimgour of Payoneer

    So we know that Amazon sellers want to get off Amazon. The scale, fast growth, and convenience don’t quite outweigh the fear of their best-selling product, or even their entire account, being suspended overnight.



    But what about international selling? What are the options, and the best practices in finding off Amazon channels in a global marketplace?



    Chris Scrimgour of Payoneer is heading up (for the UK and Western Europe)  an exciting new programme of partnership with multiple new marketplaces. We address some of the challenges and get some common sense around international e-commerce sites as part of diversifying your business off Amazon.



     

    You'll Learn:



    * How to know where to sell

    * How to reach out to marketplaces

    * Why are marketplaces so strict

    * Things that marketplaces are looking for

    * How to plan a rollout

    * How does Payoneer Green Channels work

    * Do's and dont's for international e-commerce



     



    With Green Channel acting as the matchmaker between sellers and marketplaces, Payoneer ensures sellers are onboarded efficiently as well as receive special attention from the marketplaces they’re introduced to. This can include special discounts on commission rates, free ads packages, a global ecosystem of support for logistics, warehouse, ERP, local influence, and traffic. Of course, having received Payoneer’s stamp of approval, marketplaces are keen to work with those sellers who come highly recommended. This whole process makes the transition to selling on a new marketplace much quicker and smoother.



     



    Click below to find out more



    https://amazingfba.com/payoneer

    • 29 min

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