How to Launch a Successful Ecommerce Business in 2017

PRESENTATION:ROBFORTNEYJR

THE3WAYSTOMAKEMONEYFORONLINEENTREPRENEURS

THEREARE3AMAZONPLATFORMS

MakeMoneyWithTheAmazonAffiliateProgram

Amazonwillpayyoubetween4%and15%ofsaleswhensomeonerefersacustomertotheAmazonwebsiteandsomeonebuyssomething.Yougetpaidforanythingtheybuyinthenext24hours.

Youcangetstartedwithminimalinvestment–under$10

Youcanaccessover100,000booktitlesand40,000productsinhundredsofsubcategories.

Youcansellthousandsofproductsyet- Youhavenoinventory. Youtakenophotos.

Thereisnothingtoshipand…Amazontakesalltheriskandcollectsthemoneyforyou.

Youhavetodosomework–butonceit’sdone,youliterallymakemoneywhileyousleep.


TheAmazonAffiliateprogramisagoodchoicefornewentrepreneurs.1. AmazonisatrustedBrand – AccordingtoNielsonResearch,Amazonisthemosttrusted

brandandthenumberonemostpopularshoppingdestinationontheweb.BuyersknowAmazon–andtrustit.

2. PeopleBuyMorethanOneItem – thegreatthingaboutAmazonisthatyoudon’tjustearnacommissionontheproductthatyousendpeopleto,butanythingthattheybuyoncethey’reatAmazon.

3. EasySetup – TherearemoreandmoreWordPresspluginsandthirdpartytoolsandwebsitebuildersthathaveAmazonAffiliateintegrationbuiltintothem.YoucanevenputAmazonlinksinyourTwitterandFacebookposts.


4. ChoiceofPayment – Amazonpaystheiraffiliatesinanumberofways.YoucanelecttoreceiveanAmazongiftcard,checkinthemailordirectdeposittoyourbankaccount.

5. Commissions – Amazonusesaslidingscaleofcommissionsthatstartat4%andgoashighas15%. (Selljust4itemspermonthandyourcommissionjumpsto6%). Theyhaveavolumeformulasothemoreitemsyousellpermonth,thehigheryourcommission.

6. SmallPaymentsAddUp – Seeaboveanddosomemath.

7. Holidaysarehugemoneymakers – It'snotjustChristmas. IalwaysseeabigjumpinsalesonotherholidayssuchasValentine'sDay,Mother'sandFather'sDay,Halloweenandsoon.

8. HugeArrayofProducts -- Thisisagreatthingifyou’renicheisnarroworquiteobscureasmanynichemarketersfinditdifficulttofindaffiliateprogramstomatchtheirnichefocus. Evenifyournicheissonarrowyoucan’tfindproducts,atleasttherearebooksaboutit.


9. Amazonnowsellsstreamingmovies –Amazonrecentlyenteredthemarketofstreamingvideodownloads–theywillshortlybeginsellingmoviesincompetitionwithNetflix. Thiscanaddawholenewrevenuestream.

10. Amazongivesgreatsupport – Unlikeotheronlineshoppingandauctionsites,Amazonlovestheirsellersandassociatesandgivesthemgreatsupport.Stuckwithaproblem?Amazonwillcallyouonthephoneandtalktoyouinlessthan5minutesafterrequestingacall.

ButhowmuchmoneycanImakeIfyouspeakwithexperiencedAmazonaffiliatestheywilltellyouthattheaverageisprobablysomewherearound$300to$500month,soifyourgoalistomake$1000amonthormore,youwillprobablyneedseveralsites.

ThereAreAmazingToolsToHelpYouBuildAnAffiliateSite

Thesesoftwaretoolswillhelpyoulaunchasitein1day!

MakeMoneyWithAmazonKindleBooks

Kindle Direct Publishing is Amazon.com's e-book publishing unit launched in 2007, concurrently with the first Amazon Kindle device. Amazon launched Kindle Direct Publishing (KDP) to be used by authors and publishers to independently publish their books directly to Kindle and Kindle Apps worldwide.


Finding The RIght Niche Is Everything


1. Top books (5-6) have a best seller rank of 100,000 or less

2. Those books must be selling at 2.99 or 3.99

3. Those books have been selling for at least 3 months

4. Majority of the books have 100 reviews or less

5. Not too many free books on page 1

6. 1,500 or fewer results for Kindle Store

7. Can I add value to this market?


1. The book genuinely completely sucks and they get bad reviews that tank the sales

2. The book is filled with grammatical errors and spelling mistakes (another source of bad reviews)

3. The cover looks like they opened MS paint and clicked around with the paint brush tool while

blindfolded – pay for something sharp

4. The marketing behind the book is non existent – you’ve gotta have some traffic source that you send

at the book if you want sales

5. The topic or niche of the book is terrible – seriously the history of hacky sack?*

I believe most authors are terrible at marketing which is the primary reason why they fail though.


TheMathematicsofCreatingaKindleBookLet’sstartbytalkingaboutthetotalinvestmentforpublishingonAmazon.

Here’showitbreaksdown:

$150to$300toawritertocollect,format,andeditthecontent.

$22toadesignertocreateaflateCoverimage.

8hoursofpersonaltimetochangeafewlinks;doafinaledit,andformattheKindlebook.

Sooverallthat’saday’sworkandapproximately$300foraKindlebook. That’sasmallinvestmentconsideringthisbookhasthepotentialtogenerateincomeformanyyears. Prettyawesome,right?


So how do you sell a lot of books?

One of the best strategies to sell books is to build a platform around your target audience.

1. Create and scale a website about a specific topic – use this website to promote your book

2. Build a Facebook page and pay for likes to build your own traffic source – use this promote your book

3. Build an email list based on the traffic you get to your website, Facebook page etc

4. Price your book low for launch to drive extra sales and then increase the price (scarcity works)

5. Offer a bonus for book buyers (i.e. companion video course, software etc).


Sowhattoolscanbeused?


What Can KDP Rocket Do For You?

FIND PROFITABLE BOOK IDEAS FAST

GET MORE READERS TO YOUR BOOK IN AMAZON

INCREASE YOUR KINDLE RANKINGS

MakeMoneyWithOnlineArbitrage

Arbitrageisoneofthemostbasicwaystomakemoneyonline.Everynewbiecanstartmakingmoneythiswaywithoutanyneedforabigbudgetrightfromthebeginning.Thisisamethodyoucanstartsmallandexpandalongthewayasyouareincreasingyourprofit.

Arbitrageispossiblewhenoneofthesethreeconditionsismet:1. Thesameitemdoesnottradeatthesamepriceonallmarkets,

2. Twoitemswiththesamevaluedoesnottradeatthesameprice,

3. Anitemwithaknownpriceinthefuturedoesnottradeatitsfuturepricetoday.


Thetrickhereistoputtheitemonauctionbeforeyouevenbuyityourself.Justputitonauctionwiththereservepriceofyourchoice,andoncesomeonepurchasesit,youcanorderthecamerafromtheothersite.Thereyouhavetwopossibilities,youcaneithergetitshippedtoyourpersonaladdress,thenre-mailittotheend-user;(whichwillnotapplytoushere)oryoucansettheshippingaddressinAmazontotheactualbuyersaddressoneBay.


Theothermethodistomakeapurchasefromanonlinestore,checkthepricingonAmazon,andthendeterminethemargins.Ifpricedifferenceisgoodthenyoucanpurchasethatproduct,senditintoAmazonandlistitunderthecurrentlisting.AsyouarenowFBAatsomepointyouwillwinthebuyboxandmakethesaleandpockettheprofit

AMAZONFBAPRIVATELABEL

WHATNEXT?DEEPERLOOKINTOEACHOFTHESE

➢Besttrainingavailable

➢Toolsrequiredforeachofthemethods

➢Recommendedcourses

Q&AONSOURCINGAGENTS

AnAmazonandPayoneerUser

• AnAmazonAssociateforoveradecade• AKindlepublishersince2012• APayoneerusersince2012

GettingYourMoneyinSouth-EastAsia

• Amazonoffershugeopportunities• Butdirectdepositverylimited• Payoneerprovidesthesolution

MakingCross-BorderPaymentsEasy

• VirtualUSbankaccount• Directpartnershipswith2000partners• PayoneerMasterCard

IusePayoneerbecauseit’s:

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payments• Safe:3millioncustomers,150currencies

AGlobalPaymentsSolution

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A LITTLE ABOUT PAYONEER

Maya WilliamsCommunity Manager – S.E Asia

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Transfer funds from Payoneer to your bank account

Connect with marketplaces, platforms,

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ACCESS FUNDSGET PAID

Withdraw funds at ATMs worldwide

Access local accounts in multiple currencies - as if you had a local bank

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Spend funds online and in stores

Bill your suppliers, contractors etc. and offer

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Pay any Payoneer customer, anywhere in thw rold - for FREE

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ACCESSING YOUR PAYMENTS

Instant access to your Payoneer account Make purchases online and in stores Withdraw cash at millions of ATMs worldwide

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3 WAYS PAYONEER CAN HELP YOUR BUSINESS GROW

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GLOBAL PAYMENT SERVICE

Global Collection Accounts in Multiple Currencies Work with companies in the US, Europe, Great Britain, China and Japan Work with a wide range of companies, whether or not they are integrated

with Payoneer Reduce the time to receive funds Cost efficient for both the senders and receivers

MAKE A PAYMENT

It’s Free: Even if you’re making an international payment.It’s Simple: You can pay just about anyone, simply by entering their email addressIt’s Available 24/7: You can make a payment any time you wantIt’s Fast: With Payoneer, payments can be sent and received in a couple of hours

BILLING SERVICE

Send payment requests in advance & receive in various currencies

Schedule reminders to avoid being paid late

Manage & Track your payment requests all in one place

API Integrate Payoneer with your Accounting / Invoicing / Time Tracking systems

*Once you receive $100 in payment(s), you will be rewarded with $50.

Sign Up & Get $50*

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How to Launch a Successful Ecommerce Business in 2017

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Transcript of How to Launch a Successful Ecommerce Business in 2017