This week I talk about the three different Amazon business models: Amazon Wholesale FBA, Amazon Arbitrage and Amazon Private Label. I describe each one and touch on the strengths and issues with each model. Additionally, I discuss the importance of self-talk in your business.

Amazon Business Models Episode Show Notes

 

Here are three types of Amazon business models that people are currently engaged in for you to get a sense of what’s out there:

  1. Amazon Private Label – this may be the one who would hear time and time again and what this business model essentially boils down to identifying a product that you can sell to Amazon as your own.

An example may be finding a bird house which has a lot of potential but seeing the opportunity of improving a top pole as product reviews state that they fall off after just 6 months. What you do is recognize a spot in the market which has ample demand, have it produced (usually in China) and sell it under your own label. Once you have that patented, no one else can sell that same product on Amazon but you.

 

  1. Amazon Arbitrage – can sometimes be called Retail Arbitrage or Online Arbitrage. It refers to something that’s already up for sale in Amazon, thereby you can also sell it.

If you bought a Canon camera, for example, you can get an Amazon account and list it there. This goes whether the item is used or out of the box. In a way, this is like eBay where you can round up stuff in your house and sell them over. This is a bit hard to scale but some people are making good money by rounding up clearance sale items (in physical stores and online) and listing them in Amazon aggressively.

 

  1. Amazon Wholesale FBA – this refers to products which a seller buys in bulk but stores them in an Amazon warehouse. Amazon does the marketing, fulfilment and shipping meaning, when a buyer purchases the item, Amazon is the one who ships them over after taking off some percentage from the seller.

Let’s say you buy boxes of rubber bullets in wholesale price, ship it to the Amazon warehouse and it stays there until it gets bought. Once it does, Amazon ships it out on your behalf to the buyer’s address and for the privilege, they will charge you a certain dollar amount. Deduct all your operating expenses and you keep the difference.

 

Links Mentioned In This Episode

 

Help Me Help You

The more I hear from you about your struggles, trials and tribulations, the more I can help. So, be sure to leave comments on this post to reach out to me on Twitter @LateNightIM or on the LateNightIM Facebook Group.
I'd love to hear what you think about the podcast. Better yet, Id love to answer your question about Internet marketing on the show. Just drop me a line here on the blog or on the digital recorder at 214-444-8655. Dont worry, there are no stupid questions. Unless you tell me not to, when you ask a question or leave a comment might even use it on the show.

Help Me Help Others

Thanks so much for your reviews on iTunes. We get a ton of exposure from iTunes, and we really appreciate the reviews there. At last count, we were over 100 reviews worldwide and counting. Reviews help us get new listeners — so I really appreciate you taking the time to leave a review here.   Thanks!

Amazon Business Models — Transcript

It’s been a crazy week since Free the Dream and lots of activity going on. It’s been really exciting. A lot of activity around Cliff’s community; the Free the Dream community is super fired up. If you didn’t hear about Free the Dream, I talked about that last week in Episode 153. I want to encourage you to go listen to that. That was a lot of fun. It was just a really impactful time that I had there with Cliff and his community at Free the Dream Live.

(Episode 154 Transcript Continued…)

TEST
Enter your name and email address below and I'll send your Domain Name Checklist directly to your inbox.

Enter your name and email address below and I'll send your Domain Name Checklist directly to your inbox.

It's the only domain name checklist you will ever need.

You have Successfully Subscribed!

Enter your name and email address below and I'll send your Blog Post SEO Checklist directly to your inbox.

It's the only SEO checklist you'll ever need.

You have Successfully Subscribed!

Enter your name and email address below and I'll send your awesome Become An ExpertChecklist directly to your inbox.

Crush Imposter Syndrome Starting Today!

You have Successfully Subscribed!

Monday Motivational Email

Yes!! Please help me stay motivated by sending me an awesome motivational email each Monday morning.

Success! Now check your email to confirm your subscription.

Affiliate Marketing Tips

Enter your name and email address below and I'll send your awesome Affiliate Tips Checklist.

More than 30 tips to help you increase commissions sent directly to your inbox.

You have Successfully Subscribed!

Join The Community!

 

Leave me your email and I will send you cool free stuff

You have Successfully Subscribed!

Sign Up To Get Notified About The Launch!

You have Successfully Subscribed!

utm parameters google analytics

Where should Isend your UTM Parameter Secret Decoder Ring?

It's the only UTM Parameter reference you will ever need, and I'll send it straight to your inbox.

You have Successfully Subscribed!

Want To Start Your Own Internet Profitable Online Business? Need Help Making It Grow?

Want To Start Your Own Internet Profitable Online Business? Need Help Making It Grow?

Just leave your email and I'll send you everything you need to get started, and helpful tips to make your business thrive.

You have Successfully Subscribed!

Enter your name and email address below and I'll send this presentation directly to your inbox.

These slides are perfectly with episodes 147 and 148.  They'll make everything crystal clear.

Your content is on the way!

Pin It on Pinterest

Share This