3 Point Checklist to Scale your FBA Business

There is a tremendous advantage in being part of the Fulfilled by Amazon business; you don’t need a warehouse for your products. Picking, packaging and shipping are all handled by Amazon. This is one of the juicy perks of the FBA business that draws people to it. However, achieving success here seems to elude man merchants, this is simply because of ignorance and probably laziness. Just like any other business model, there are some key things one needs to know and do to succeed.

  • Building a website: A lot of people immediately turn orange when building a website is mentioned. To them, this is akin to launching a rocket; it is really “hard.” That is a common fallacy. I know you probably ventured into FBA without thinking about creating a website, but surely there are some advantages, here is why you should consider building a website if you want to succeed in FBA.
  1. Having a website would allow you to easily gain access and capture customer data
  2. You can boost your revenue by taking advantage of Amazon’s Associate program
  3. Direct communication with customers is possible by building your won client list
  •  Focusing on a Niche: Although some may argue that niche concentration can       lead to slow or stagnant growth, this is not entirely true. Sustainable growth is    achieved when you settle on a niche and few products. This is because you are able to  focus and prioritize certain products you want to sell. Selling too many products at once  can be detrimental to your business, because when you have too many products to  sell, a lot of your cash would get tied up in inventory. It is important to note that once    you are successful and stable with the products you are selling you can then venture      into more products to scale your business.

 

  • Ranking Higher for keywords: in a previous post, I highlighted the importance of keywords to the e-commerce business world. You must not ignore this if you want to be successful in FBA. We have handled much on this subject in our video courses; you can check them out here.

Beware of the gaming system some shady sellers use on Amazon. Amazon has become very strict when handling fake and automated reviews. Stay legit and work hard.

Success is within your grasp!

 

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Last Wall Comments

 
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 Mike says at 23:22 et
Just make sure you don't stuck in "research" stage for too long. When I started I kept researching far too long and missed a hot summer sale season for my summer products. There is never ideal product with no competition and perfect conditions. Just TAKE ACTION and START SELLING!
 
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 max says at 21:42 et
What app to collect emails on shopify?
 
Claudia says at 21:42 et
We already discussed it Max... Fish Bowl app. it gives you an opp to offer great prize giveaways on your Shopify store and capture email addresses from your website visitors to turn those visitors into returning customers.
 
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 diego says at 21:44 et
Who is importer of record when shipping to amazon? AMAZON?
 
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 little_tiger says at 21:45 et
No.. Amazon will not be the importer of record for any shipment coming in from overseas. Your shipment will be rejected. Your freight forwarder should take care of this! For example I use Flexport..
 
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 Jay says at 21:45 et
What are hidden costs when importing by sea freight?
 
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 Chris says at 21:45 et
JAY - Cargo Insurance, Customs Bond, Arrival Agent Fees, Warehousing fees, Delivery to amazon warehouse fee and of course Custom clearance.. Your freight forwarder should take care of this and give you invoice if any taxes are due!
 
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paul says at 22:52 et
i don't have 5k on any bank cards or in the bank where do u get product
 
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 Evan says at 22:55 et
Check the videos called "
TEELAUNCH App: How To Start your own Shopify Store WITHOUT DROPSHI
PPING AT ALL!
And "Amazon FBA without big investments"

Bottom line you dont need 5k to get started with ecommerce. Start your Shopify store or simply do teelaunch business or even Amazon FBA WITHOUT whitelabelling ! Tons of oppotunities!
 
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 little_tiger says at 12:11 et
Btw great idea for you: customized license plate... build shopify store, then source from sites like buildasign.com Then promote via Facebook ads. Like PUGS licence plate for pug owners etc
 
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Alexander says at 04:45 et
Should I finish all the videos before I start building my E-commerce store?
 
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 Highlander says at 04:46 et
You can start building it alongside watching videos, but it's good also to finish all to have a FULL picture!
 
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Sallyann says at 14:22 et
Hi there,
On my own I have set up my Shopify website with my domain, I have Oberlo and have imported lots of products and listed them, however, i am really not sure that they are worded right in the SEO way and I have been trying social marketing but still have no sales, I've been doing this for several weeks now. so I have just discovered Sells Like Hotcakes and thought that you may be able to help me with the marketing, the conversions and eventually with Amazon FBA is this something that you can do or because I have done most of the set up myself do you think I should continue on my own? I really am struggling to get past this rut where I have done everything I should do and no sales. Please help?

thanks in desperation!
Sallyann
 
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 Mike says at 14:24 et
Hi Sallyann, it's hard to suggest anything blindly. I suggest that you post your website here http://sellslikehotcakes.co/critics.php in critics and we can all give suggestions to you!
 
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 Mike says at 04:46 et
Over the next few weeks, I’d like to do something a little bit different. 

I thought it would be fun to ask people what they wanted to learn about (so I can customize my future emails to help YOU :-D).

Here's your first question...

What is your #1 single biggest ecommerce challenge right now (and how is it impacting your life on a daily basis)?

Click reply and tell me right now.
 
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 Castle says at 04:47 et
good one! finding time to do all the tasks is my biggest challenge!
 
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 Olga says at 04:48 et
Mike for me is finding good designer is a biggie
 
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 Tycoon says at 05:21 et
For me it's finding the product and suppliers
 
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mohamad says at 13:28 et
Good idea !! For me this about scalling with Facebook Ads. Actually, I can just make 5 sales by day and i want to Scale :)
 
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 rick says at 02:28 et
New store is in Critics http://sellslikehotcakes.co/wall.php come and post your feedback to help fellow seller
 
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Bill says at 07:39 et
Hi everyone....I'm new here and looking forward to getting this thing off the ground! I'm hoping this course will help me decide which niche/products to use. I went to sign up for the Shopify trial and it asked for my store name....I have no idea ;-) I guess I have a lot of work to do!
 
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 Mike says at 07:39 et
Welcome Bill! Good to have you here. Take your time to watch the videos, especially about Branding to get you some ideas.
 
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dilini says at 19:04 et
hi, i am sri lankan. In sri lanka it is not allowed paypal and stripe still. for that i can use local intrenational payment gateway. But is there any option by opening amrican bank account to connect to world wide accept IPG? Thanks..
 
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 Kylie says at 19:13 et
also search for local facebook groups, there must be people from sri lanka doing shopify and you can join them as well to get some local advice!
 
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Brian says at 12:19 et
I am new
 
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 Mike says at 12:20 et
hi Brian, just follow the videos as they are in the course..
http://sellslikehotcakes.co/videos.php