When asked about his guiding principles to success, James Edwards gave us an interesting and practical answer. He also shared how you can push yourself to learn and gain valuable experience in any business. In the end, we asked him what sets a successful Amazon Seller apart from an unsuccessful one. Is it about the processes, principles, or something else?
It’s okay for some product launches on Amazon to fail; be prepared to win some and lose some.
Having fewer competition on Amazon usually translates to less reward
Amazon Canada doesn’t necessarily require rebates. Just PPC and you'll be fine
If you don’t know how to do something, just start and figure it out
When you find someone you really like when hiring, stick with them
If you choose to sell your Amazon business, a share sale might offer you tax benefits compared to an asset sale. Make sure to understand the pros and cons of your Amazon business sale structure.
Gathering reviews from Amazon Canada before branching off to Amazon U.S can be really helpful in the launch
Don’t be heavily dependent on EOS and Processes because it stifles creativity