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Showing posts from April, 2018

Top 10 Secrets of Amazon Top FBA Sellers to Succeed and Scale your FBA Business

Fulfilled by Amazon (FBA) program was launched by Amazon in 2006. It is used by millions of sellers globally. And many of those sellers rake in more than a million dollar a month in sales. Even by very conservative estimates, if profits are anywhere between 10-25%, that’s a cool $100-250K per month. If that has made you to sit up and take note, let me tell you something else. More than 95% Americans prefer to shop online. And as you must know, Amazon is the new Google for product search and there are millions of dollars to be made annually. However, to get a share of the pie you must know the top secrets of these FBA sellers, which we are going to discuss in this post. #1. Use FBA Using FBA has to be the most important strategy that you can adopt as an Amazon seller. Using Amazon to store and ship your product frees up more than 50% of your time. Because managing inventory and shipping products take lots of time and energy. This extra time at hand enables you to conce

How to Earn and Maintain the Perfect Best Seller Rank

Amazon sells a whopping 562 million products on its website. It is the new Google when it comes to searching for products. Products optimized for Amazon make three times the sales achieved by products optimized for Google. In fact, ranking in Amazon is much easier than that in Google. Get familiar with A9 A9 is Amazon’s search algorithm. The first step towards earning the perfect best seller rank is understanding A9, the entity responsible for giving you or your product that rank. There are three rules that you must keep in mind when optimizing your product page for Amazon: Amazon’s goal is to maximize its RPC, which is revenue per customer. Amazon keeps a track of everything that a customer does on its website or app. The A9 algorithm connects data collected by step 2 to achieve the goal of step 1. Ranking factors Let’s see how we can manipulate it. Conversion rate As the name suggests, this is the rate at which a customer or a visiting a visitor converts in

Top 10 Methods to Raise Money for Starting Your Amazon FBA Business

You have a killer Amazon FBA product ideas but no capital. Well don’t get disheartened, everything is not lost. Here, we tell you 10 different methods to raise money for your business. 1. Self-funding Self-funding is the first and foremost way to start any business. If you have some capital of your own to spare to support your FBA business idea , go for it. However, you should take care that you are not dipping into your pension, children’s education, or any other essential funds. Even if you are 100% sure about the success of your business, using such funds is unadvisable. If your business idea is rock solid, you should be able to raise capital through other means. The other avenue for self-funding is to leverage equity in your home. If you own your home, you can get credit against your home equity to meet your capital needs. In case you are feeling guilty about putting your house at risk, know that you would not be the first businessperson to do this. Many small busine