Start Your Own Profitable Ecommerce Business Without Packing & Shipping While Working Full-Time
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Transcript of Start Your Own Profitable Ecommerce Business Without Packing & Shipping While Working Full-Time
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How To Start Your Own Profitable e-Commerce Business Without Packing
& Shipping While Working Full-Time.Eugene Cheng
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What You Will Learn• Freedom Business Principles• E-Commerce Overview• First Steps• The Ultimate 7-Steps Marketing & Sales System
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Before we move forward…
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What Hung Le has to say…
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Breaking The Cycle…
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Freedom Business Principles
1. Automated Sale2. Recurring Revenue/Repeat
Customers3. No Accounts Receivables4. Selling Products Not Services5. Own The Assets Which Produce
The Results
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3 Pillars Of Success - Your Sweet Spot
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Why e-Commerce?1. Integration of Freedom Business
Principles and the 3 Pillars Of Success And Optimizing Your Sweet Spot
2. High barrier to entry3. No hardcore sales persuasion is
necessary4. Higher value per visitor5. Higher conversions
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Main Barriers to e-Commerce1. Marketing - How to get customers to see my
product.2. Product Selection - choosing the right product to
obtain high enough margins, finding the right manufacturers.
3. New Products – understanding product market selection and extension.
4. Web Development/Technology/IT and Systems - SSL, Domains, Hosting, Payment Gateway, Merchant Processors
5. Legal Compliance/Tax Laws – dealing with international payments.
6. Branding – competing with the BIG dogs.
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WHAT IF…
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Amazon FBA You• Shipping• Customer service• Website
maintenance• SSL• Hosting• Buying advertising• Packaging• Packaging Suppliers• Warehouse staff• Warehouse
maintenance• Fraud prevention• Returns
• Pick product• Choose
supplier• Manage
inventory• Build brand
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Amazon Pays You ($$$) Every
14 Days
You Place Order
Supplier Sends
Inventory
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Overview• Primary Goal: to build a sustainable and
scalable business in record time by leveraging the power of Amazon.
• Break the cycle (no more ducks in a row.. Years of education.. No action, etc.).
• Size and speed of success depends on:1. Focus2. Commitment
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First StepsBuilding a business which is:
• Predictable – long lasting/sustainable. Amazon isn’t going anywhere any time soon..
• Repeatable – easy to expand product range
• Scalable – rapidly profitable • Built to sell – own the BRAND (private
labelling).
Amazon – lucrative business model.• Don’t need to be a programmer• No “tech” skills required.• No huge start up capital.
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The Ultimate Marketing & Sales SystemThe entire process:
Step 1: Pick a hot selling product to sell.Use best seller list: http://www.amazon.com/Best-Sellers/zgbs
Step 2: Find suppliers
Step 3: Branding
Step 4: Create a Seller Central Account @ http://www.sellercentral.amazon.com ($39.99/mo with FREE 30-day trial).
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The Ultimate Marketing & Sales System - Continued…Step 5: Create Product Listing
Step 6: Sending Shipment to Amazon
Step 7: Perform P.A.R.T System• P = Product Listing Optimization• A = Amazon Marketing and
Advertising• R = Reviews • T = Tweak, Refine, and Execute
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Step 1: Pick A Hot Selling ProductUse best seller list: http://www.amazon.com/Best-
Sellers/zgbs
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Step 2: Finding SuppliersNavigate to www.Google.com/ncr
Google Search Method:“product name” private label“product name” wholesaler“product name” supplier“product name” manufacturer
Google Search + Site Exclusions Method:“product name” private label –site:www.facebook.com –site:www.optimumnutrition.com
Note: Be sure to browse through to page 8-10 of Google as suppliers have terrible SEO.
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Step 3: BrandingUPC Code
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Step 3: Branding - Continued…
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Step 4: Create a Seller Central Account
http://services.amazon.com/content/fulfillment-by-amazon.htm
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Step 5: Create Product Listing
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Step 6: Sending Shipment to Amazon
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Step 7: Perform P.A.R.T System
• P: Product Listing Optimization
• a: Amazon Advertising
• r: Reviews
• t: Tweak, Refine, and Execute
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P: Product Listing Optimization
Step 7: Perform P.A.R.T System
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Four Key Components Of Best Selling Product
Listing Page1. Product title2. Description3. Images4. Other Fields
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The Keyword Sweetspot
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Google Keyword Tool
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FreshKey Tool
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Product Images
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a: Amazon Advertising
Step 7: Perform P.A.R.T System
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Automatic Targeting
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Manual Targeting
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Advertising Report
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Search Term Report
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Negative Keywords
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Amazon Marketing Blueprint
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r: Reviews
Step 7: Perform P.A.R.T System
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http://www.amazon.com/review/top-reviewers
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t: Tweak, Refine, and Execute
Step 7: Perform P.A.R.T System
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Do you think you can follow these simple 7
Steps?
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Celebrate!
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Would You Like for Me to Help and Guide You through Starting Your Own
Profitable e-Commerce Business?
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