Discover how to make money selling Amazon physical product through private labeling and drop shipping.
Most of what I’ve learned is based on my experience going through the Amazing Selling Machine with Matt Clark and Jason Katzenback, as well as my own experience with internet marketing and selling on Amazon. Make sure to view the blog post for more.
If you’re worried that you’ve missed the e-commerce boat, don’t worry. It’s just getting moving.
While several e-commerce companies like eBay, Shopify, ClickFunnels, and Etsy can make selling products online easy, in my experience, the best way to make money online is with Amazon.
Amazon is a huge opportunity for those who want to join the world of e-commerce. Year over year, Amazon sees a growth of 25% to 31%, smashing competitors like eBay who only see growth in the single digits.
Learn How To Sell Amazon Physical Products
In this video, Stefan talks about how to sell Amazon physical product – how do you private label products and sell it through fulfillment by Amazon also known as Amazon FBA.
“If you’ve been following on my YouTube channel, my blog you probably know that early on this year I launched my first Amazon product by going through the Amazing Selling Machine.
We just launched our second Amazon physical product as well which is also a supplement and it has been a great business for me that is really taking off.
I’ve also been working with a group of people all over the world helping them sell on Amazon. My girlfriend’s a superstar at this. She got two products on Amazon that are selling really well also and so a lot of people been asking me more about this.
Find an Amazon product with low competition
The best way to gauge the level of competition is to look at how many reviews your competitors have and how many people are selling a very similar product.
Now, in the top 10 sellers, I like to find three or more that have less than 50 reviews and if I look at the first page of results for my product I don’t want to see everyone selling the exact same product.
If you were to search the term “garlic press” or “yoga mat” or some other products right now what you would find is it’s very difficult to differentiate your product from everyone else. The whole first page results all look the same and this would indicate that this is a very competitive market that’s hard to get into.
Furthermore, I’m looking for something in the top 10 sellers that has three or more sellers that have 50 or fewer reviews. If all of the sellers have hundreds or thousands of reviews that means this is a very competitive market.
“You will either step forward into growth or you will step back into safety.” ~ Abraham Maslow
“Action may not always bring happiness … but there is no happiness without action.” ~ Benjamin Disraeli
“We do not need, and indeed never will have, all the answers before we act … It is often through taking action that we can discover some of them.” ~ Charlotte Bunch
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