All the resources and links I mentioned in the video down below:
- https://www.feedbackexpress.com/amazon-1029528-new-sellers-year-plus-stats/
- https://www.repricerexpress.com/amazon-statistics/
- https://www.freshbooks.com/hub/startup/how-long-does-it-take-business-to-be-profitable
- https://www.thekickassentrepreneur.com/average-profit-margin-small-business/
- https://www.smallbizgenius.net/by-the-numbers/small-business-statistics/#gref
Hey what is up everyone,
Hope you enjoyed the video and got some value from it. Below i'm going to leave all the resources I mentioned in the video! Remember to like the video and subscribe to the channel for more content like this!
Everything mentioned:
As promised for those who didn't watch the full Click Here
Click Here For Helium10 Discount (Product Research Software)
Click Here For Tutorial on How To Use Black Box From Helium10
Click Here For Exclusive Ecom Limitless Product Validation Sheet
Click Here For Restricted Products List
Click Here For Gated Categories List
How To Win The Helium10 Giveaway:
Make sure to be like the video, be subscribed and to comment why you should win. I want to give the subscription to someone it will actually help.
Lastly, if you want to take your business to the next level and work with me 1 on 1, check out the ecom limitless program here: https://www.thelimitlessu.com/
See you on...
Inspired by all the Youtube videos, I decided to answer the web's most searched for Amazon FBA questions. As most of you probably know, I started my Amazon journey in June of 2017 at the age of 21. It's been a crazy ride but i've been able to grow multiple Amazon FBA businesses to 6 figures and beyond. In this video I hope answer some of your most searched for questions.
As a thank you, I'm also going to be giving out 1 FREE subscription to Junglescout or Helium10 to a subscriber who likes the video and posts a question in the comments on youtube!
Some of the questions we covered in the video:
How much money do you need to start an Amazon FBA Business?
$3-5k minimum. Anything less will mean you won't have the budget to buy inventory, get professional photos and launch successfully.
Is selling on Amazon FBA still worth it in 2020?
Definitely, like I mentioned in the video... I'm definitely biased to...
How do you know all the work, money and effort you're putting into this business is going to pay off...?
Well if you're like me when I was first starting off you really have no idea. That's exactly why I created this video and blog post to hopefully help you get some clarity and learn about some of the trade secrets no body tells you about.
Let's start off with the basics.
Nothing is guaranteed in this business or any other. If you're not willing to take risks you're in the wrong field. That being said though, if you know where to look and how to analyze the data you're seeing there are a lot of tell tale signs which will help you predict how well your product will sell.
Let's start with the basics and move up in complexity. There are 7 rules.
Rule 1: Revenue must be between $7,500/ month and $15,000/month for 2 out of the 3 top competitors
Rules 2: Reviews must be LESS than 1000 for the 2 out of the 3 top...
Helium 10 Discounted: http://bit.ly/GetHelium10Discounted
Use Code: "FREEDOMFBA" for 50% OFF first month
Use Code: "FREEDOMFBA10" for 10% OFF per month for life
Strategy Breakdown: To find which keywords your product is on the bottom of page 1 OR on the top of page 2 and run PPC for those keywords to bring them higher up into the organic searches so you can get more visibility and more sales.
Step 1: Go to helium10.com, click on Cerebro and paste in your products ASIN.
Step 2: In the "Organic rank" field type in 15 - 30 and hit search.
Step 3: Filter by search volume
Step 4: Grab 15 - 20 of the top keywords and create a EXACT match campaign with a $30-$50/ day budget.
Step 5: Optimize the bids based on ACOS
Rules: Remember, it is ok if these campaigns are not showing up as profitable right away. We are trying to rank for certain keywords which will probably bring us a higher than desired ACOS...
Obviously, there's a lot going on. We’re seeing huge corrections in the stock market AND tons of people being put out of jobs or on EI and a HUGE shortage of toilet paper…
Trust me, your butt will be fine. You don't need to clear the shelves.
Anyways, lets put our face masks on and jump into this post. Here, I'm going to show you how you can start making money during this pandemic.
Like nearly everything else I post about it'll be about the best opportunity available to us today... Amazon. Unfortunately though, if you haven't heard Amazon FBA will not be accepting inventory until April 5th 2020, and who knows? It could even be longer than that.
If you are new and don't know what Amazon FBA is... you should check this training i've made. Nothing to sell, no catch just a 20 min training to help you out: Freedomfba.com
Good, now that we've got that out the way... let's get into the 2 ways of making money online......
Lot's of things are changing quickly so remember that this blog and video were posted on March 15, 2020. In this blog and video I'll only be covering what is happening with Amazon FBA and the coronavirus.
I don't want to sensationalize anything, for that reason in this video i'm only going over how this can affect YOUR business. We'll cover the facts, questions and also some tips, especially if you're just starting out and if you already have an Amazon FBA business.
Fact 1: Coronavirus has held up production. Many manufacturers are only now coming back to work and many others are still closed. Some sellers are unable to get in contact with their manufacturers and therefore are unable to re-order stock.
This is normal and is happening to some people out there. Continue to reach out, eventually things should go back to normal.
Fact 2: Shipping has gotten much more expensive... Air shipping has gotten drastically more...
The Lion: Early risers who tend to have lots of success in life
The Wolf: The Night owls who tend to stay up later and sleep in longer
The Bear: 80% of the population is a bear - the people who need a good 8 hours of sleep
The Dolphin: Light sleepers, those who have problems falling asleep and staying asleep
Im not affiliated with this but make sure to take the chronotype quiz so you can learn about yourself and lean into your unique biology: https://thepowerofwhenquiz.com/
Invest in a sleep tracker. There are plenty on the market to choose from.
Any sleep app on the app store:
https://www.goodhousekeeping.com/health/wellness/g26963663/best-sleep-apps/
50% Complete
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