The Dangers Of Selling On Amazon And Horror Stories From Real Amazon Sellers

Right now, selling on Amazon is almost too easy. All you have to do is find a product with good margins/demand, list it on Amazon, and it will eventually sell because Amazon’s audience and reach is so vast. When my wife and I first learned how to sell on Amazon several years ago, we sold over 60 units in a matter of 8 days with just 3 products listed online with no reviews. Amazon is seriously that powerful. But with any business with low barriers to entry, there’s always going to be a ton of competition. Right now, with...

Amazon’s Brand Registry And Transparency Program – The Benefits, Requirements And How To Join

Joining the Amazon brand registry is more important today than it has ever been before. Not only does registering your brand allow you to control your listing but it’s also a requirement to get your brand gated so that other sellers can not sell your products on Amazon. It also allows you to enroll in the Amazon Transparency program which further protects your brand from counterfeit sellers.At a high level, registering your brand on Amazon is straightforward to do. All you need is the following…A Branded Email Address – Gmail, Yahoo, Hotmail email addresses are NOT acceptable. In order...

Powerful Quotes For Entrepreneurs That Will Change Your Outlook On Life

What I love about powerful quotes are that they provide you with a certain perspective that you may not have considered before. But once they resonate with you, they can completely change your outlook on life. The quotes that I’m about to present to you have drastically changed the way I approach business and entrepreneurship. In fact, they have enabled me to run a 7 figure ecommerce store, a 7 figure blog, a podcast, an online store course and a conference all while working a full time job with 2 kids. Quick Update: I have quit my job since the...

How To Start A Business When You’re Clueless With No Money. Here’s Exactly What I’d Do

Contrary to popular belief, it does NOT require a large upfront investment to start a successful online business. What you lack in funds can be made up for with a little ingenuity and this post will show you how to start a business with no money whatsoever. But first things first. You have to be determined. And when it comes to determination, you have to be willing to persist with your business for at least 2 years or more regardless of the outcome. You also need to believe in yourself and understand that you are...

How To Succeed In Business – 8 Rules To Follow For Struggling Entrepreneurs

If you’re a struggling entrepreneur, then this article will provide you with a set of guidelines to follow on how to succeed in business. In fact, these are the exact principles that I teach all of the students in my Create A Profitable Online Store Course to help them consistently make forward progress. Now I’ve been running my class for 7+ years now and I’ve come to learn that much of success is mental. Intelligence is not nearly as important as having the proper mindset and establishing a set of habits and rules that guarantee the desired outcome.Table of ContentsRule #1:...

Amazon Scams And Dirty Tactics To Expect When You Sell On Amazon

Over the years, I’ve become increasingly disgusted with the multitude of Amazon scams that plague the Amazon marketplace. Everyday, honest merchants are getting ripped off by unscrupulous buyers and sabotaged by dirty sellers. What’s especially frustrating is that Amazon never takes corrective action unless they receive enough negative press coverage. Because Amazon is so powerful, they don’t care if any individual seller goes out of business because there’s always another seller in line willing to take their place. And no matter what happens, Amazon still makes money! It is also a well known fact that Amazon mostly...

3 Life Lessons On Perseverance, Business Success And Asian Parenting

I always get crazy looks whenever I tell people that I started studying for the SATs in 4th grade. Or when I attended nerd camp in the 7th grade and completed Geometry, Algebra and Trigonometry in the span of 3 weeks. “Man, you must have had the worst childhood ever. Did you have any fun as a kid?” Looking back, I’m proud to say that my parents did an awesome job raising my brother and me despite the perceptions from the outside. Here’s what most people don’t understand about the culture of Asian parenting.It teaches you the discipline to follow through. It...

MOQ – How To Get Lower Minimum Order Quantities With Suppliers

When it comes to manufacturing your own private label products, you are likely to come across the term MOQ. MOQ stands for minimum order quantity and it’s the least amount of product that a manufacturer is willing to produce for you per production run. Why do manufacturers have a MOQ (Minimum Order Quantity)? When it comes to working with factories, it doesn’t make sense for a manufacturer to produce items for you unless they can make a decent profit on the transaction. If you think about a factory as an assembly line, it’s not cost effective for a manufacturer to create a...
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