How To Participate In Amazon's Growth
Amazon is blowing up.
Amazon Vans deliver to my apartment building up to ten times a day from 9 AM to 9 PM
Sometimes there are two vans outside.
Attend A Free Webinar Explaining this Intelligent Unique Approach to Profiting As Amazon Grows
I know many people that order and get deliveries 3 to 5 times a week.
Amazon's share price is $3294.62. It has more than doubled in the last year and up 2300% in the last 10 years.
Amazon's domination of the retail space is set to grow even more.
Soon the sky will be full of drones delivering products ordered off Amazon.com
How can you profit?
1. Amazon Associates is their affiliate program where you can earn a commission when a customer that you direct from a website you own goes to Amazon.com and makes a purchase.
The payouts have diminished overtime and this offers no recurring income. However, if you are determined you can earn a little money with this approach.
2. Selling your own product on Amazon through the FBA (Fulfillment by Amazon). This is a high risk high reward strategy. You have to get your product manufactured inexpensively but it must be a quality product that has unique characteristics that satisfies a large but not too large market (To avoid too much competition).
Choosing the right product and getting it manufactured in China and implementing strict quality control is very challenging and demanding. It also can be very expensive with costs adding up in terms of shipping and inventory costs. The time frame from concept to manufacture in China and then delivery to Amazon can be long.
Competition can be intense and God help you if the product has a manufacturing flaw - the bad reviews can end your business.
FBA is not easy with all guys of pitfalls and challenges.
3. The Wholesale Formula Model - This approach maximizes the profit while minimizing the risk.
This is a course that is now available that will teach you to how to partner with companies to establish, grow and expand their presence on Amazon.
Attend A Free Webinar Explaining this Intelligent Unique Approach to Profiting As Amazon Grows
Comments
Post a Comment