William U. Peña - Amazon Selling Secrets: How to Make an Extra $1K - $10K a Month Selling Your Own Products on Amazon

Amazon Selling Secrets

How to Make $1K - $10K a Month
Selling Your Own Products on Amazon

By William U. Pea, MBA

Copyright 2014 William U. Pea

All Rights Reserved.

Table of Contents

Introduction
Successful Selling on Amazon - An Overview

This book is designed to give you a system that will provide you with an extra $1,000 to $10,000 a month in passive income by selling your own products on Amazon. By putting to practice the principles and the practical steps that I share in this book, youll be able to generate a second income, that can either supplement or replace your current income. Even more, Amazon provides you so many great resources, which will allow you to be able to create a second income working less than ten hours a month.

The idea is that you are going to learn how to utilize the many automated systems, technology, and resources provided by Amazon in order to sell and make money, yet using very little of your own resources. And, even though this type of business does require you to take care of customers, the best part is that those customers are going to reward you. They will reward you in abundant sales, profits, referrals, as well as the good feeling that you get from servicing all different types people.

Now, one thing this book is not, is that its not a get rich quick scheme. It will take work. But the best part about the work is, that once you get it under your belt, you dont necessarily have to do it anymore. The system will do all the work for you.

Also, this book will not make you a million dollars. But, it will provide you with a means toward financial independence. This system is designed to show you how to make a passive, residual monthly income to either replace your current active income, or just to add multiple streams of income to what youre already doing. And, if you continue with the principles that we talk about in this book, successfully selling your own products on Amazon, and then taking this system and expanding on it, theres no reason why you cant make a million dollars.

Im sure youve heard a lot of things about selling on Amazon. Yet, this book is not about retail arbitrage. Retail arbitrage is just the fancy way of saying to buy low and then sell high. And youve probably seen a lot of people scrambling at different discount thrift stores trying to buy things and then try to sell them on Amazon. This is not what this book is about. The reason Im saying this is that there is a specific reason why selling your own products, with your own brand (also known as private labeling), is a lot more lucrative and a lot less work than actually going out and trying to sell someone elses product.

Specifically, the profits with retail arbitrage are generally very low. You do a lot of work in order just to make a little bit of money, but then shipping costs, and other costs tend to eat up all your profits. The best part about what were going to talk about in this book is that instead of the small profit margins you get with retail arbitrage; by selling your own products, you can expect a return on investment of 100, 200, even 500 percent. This is because when you sell your own products with your own brand name, youll be able to consistently create enough value that you can charge very high prices for your products.

Now if you are anything like me, youre probably thinking, Am I going to have to hold a ton of inventory in my home? The answer is no. You dont have to. Because Amazon provides you with great solutions for this, so that you will never have to store inventory in your own home ever again.

So if this sounds good to you, strap yourself in and get ready for an exciting ride through the jungles of Amazon

Chapter 1 -
How to Successfully Sell Your Own
Products on Amazon

Now, what does it take in order to be successful at selling products on Amazon? Here is an overview of the Amazon Sales Success System, and what you will learn in this book:

Identifying Desirable Products You will learn how to find great products that people will be eager to buy. Creating A Unique Brand You will learn how to take any generic product and add a very powerful brand to it, and create a substantial amount of value that people want to pay for. Finding High Quality Product Sources You are going to learn how to find great places where you can source high quality products to sell on Amazon. Creating High Converting Amazon Listings Once you list your product on Amazon, the way you convey your message will influence your buyers in a very big way. Your listing will really determine whether theyre going to buy from you or not and also the type of prices that you charge for your products as well. You will learn how to write the most emotionally compelling listing that will compel people to buy. Creating The Most Profit Possible - You are going to learn how to price your products the right way, and how to minimize your expenses but still maintain a high quality product, that produces a great profit. Testing And Validating Your Product - Just because you find a product, doesnt mean people are going to buy it. You are going to learn how to test your product in the Amazon marketplace to make sure that you find the product that you will be able to sell a lot of, and make big profit from. Effectively Fulfilling Orders And Managing Your Inventory You will also learn how to fulfill your orders to customers and manage your inventory in such a way that it creates a constant, efficient stream of income from your business. Also you will learn how to get your system so well dialed in that you really dont do that much work in order to make it work. Providing Outstanding Customer Satisfaction In Amazon, customer satisfaction is critical, especially because Amazon is known for their outstanding customer satisfaction. You will learn how to stay in alignment with that idea, and how to get Amazon customers to continuously purchase from you over and over again. Getting Abundant Reviews The Holy Grail in Amazon is the ability to get abundant reviews. The value comes from creating social proof that will motivate people to want to buy your products. You are going to learn how to get abundant four and five star reviews that will increase the value of your product. Automating Your Amazon Business You will learn how to use the tools you will have at your disposal to be able to cut down the amount of time, effort, resources, and money you spend, but still continue to get a large profit. Growing your Amazon Selling Business You are going to learn special ways to grow your Amazon Selling Business, so that youll be able to not just make $10,000 a month but even $100,000 a month and more.

Expectations

Before we get started, I want to talk to you about what you should realistically expect in following the Amazon Selling system in this book. Its always important to know exactly what to expect, whether good or bad, so that youll be able to have the best success possible.

So, what are some realistic expectations that you should have about trying to sell your own products on Amazon?. Generally, it starts with first understanding what your timeframe looks like. You can realistically expect that it will take you about three to six months to start seeing a profit. Now, you can make a profit much sooner than that, and I personally have made profit the first six weeks from when I started following the steps in this system. But a realistic expectation is it will take you about three months to start seeing a profit, so be prepared for it.

Next, you will need some capital in order to get started. I would suggest that you obtain $1,000 to $2,000, in order for it to be the smoothest ride possible for you. Now, the good news is that you dont need that entire $1,000 to $2,000 all at once (I actually started with $200). And you will make more money and profit selling products, that you can reinvest into the business to help with your expenses. But, generally, if you start with access to capital, then the process becomes a whole lot easier. Again, it doesnt have to be your money; it can be somebody elses or it could be credit. The idea is that you start with some form of capital.

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