Welcome to the SupremeCommerce Training blog! Where we discuss in depth about eCommerce, Amazon, dropshipping, digital marketing and investing, this blog is designed to keep you up to date with all things business and wealth.
Thinking about starting an eCommerce business with Amazon? Amazon is a great platform to sell on. However, there are many misconceptions when it comes to selling on Amazon, and for that many entrepreneurs quit their business. We're going over expectations versus reality when it comes to having a business on Amazon.
Expectation 1: Signing up is easy peasy!
Reality 1: It may be simple to sign up, but there's a lot of necessary steps and documentation needed. What most people don't realize is that all your documents need to match when you are signing up. You'll also need to get verified by an Amazon rep.
Expectation 2: You need thousands of running capital.
Reality 2: When it comes to FBA (Fulfilment By Amazon) you will need approximately $5,000 or more. When it comes to dropshipping, you can start with $500+. The more the better as these are minimums!
Expectation 3: You can start making money ASAP!
Reality 3: It really comes down to your...
A question that gets asked a lot is "will eCommerce die". eCommerce is definitely not dying. Now, some people may say it's dead because they aren't making any sales. The reality is, their business could just not be doing well. We have many blogs to help guide you to improve your business(es).
Many business owners lack consistency and give up very easily. You need to be consistent with your business. Consistency helps you establish your brand, build trust, and deliver effortlessly and efficiently. When you're established, sales will start rolling in. When you don't put in the effort and not being consistent with the effort than you won't see those sales and start thinking eCommerce is dead but really it's just the business failing. When you realizing the business is failing, it's when you can take action- learn what changes need to be made.
eCommerce is expanding beyond the world wide web. It has not only expanded to mobile and tablets, but now...
You finally decided to start an eCommerce business. Now you are riddled with which eCommerce platform you should start with or what's best suited for you. We absolutely love Amazon as the first place to start with your eCommerce business. With Amazon you can quickly scale your business. Shopify is great but it takes a little bit more time. eBay is another platform but you won't be able to scale as much as Amazon. Let me break it down to you about each platform.
With Amazon as your go to eCommerce business, there's a monthly cost of $40 for a professional account. You can list as many items as you want with no listing fee. There's a charge of 8-15% seller fees for most categories. You can already sell on pre-existing products (also known as piggybacking) and can scale your business quickly. The best part of piggybacking is you do not need to spend money on ads since it is already selling. This business model is very attractive and...
Many people are switching gears and getting into retail arbitrage and wholesale when selling on Amazon or Shopify. Before getting into either business models, you should get a better understanding of retail arbitrage vs. wholesale.
Before we begin, let's break down what retail arbitrage is. Essentially, you're going to stores normally liquidation stores or even retail stores and going to their clearance section to find items at a lower cost. You purchase those items and send them to Amazon FBA or even sell them from your own home if you have your own Shopify store.
Retail arbitrage is a great business model if you want to go through the route of Amazon FBA. This method works since not many customers have the access or ability to purchase items through liquidation stores. Which works out for the seller since you can mark up the product and make a good profit.
The downside of retail arbitrage is that you would have to continuously go out and shop...
All entrepreneurs need to start somewhere. It's never too late to start your journey as an entrepreneur. I started when I was 28 years old. Better late than never. Before all of this came to be, I worked a 9-5/shift work. I worked in the food, finance and retail industries. That's when it started dawning on me, that I was hindering myself from my full potential of what I could earn, and what I could do but I had no idea what to do. However, summer of 2019, I met Kevin and that was such an incredible pivotal point in my life. He presented me with all these amazing opportunities to help me get out of the rat race. That's when I decided to make a change and start a side hustle.
My knowledge when it came to eCommerce and investments was very little. I knew that there was different platforms to sell on. I knew Amazon allowed 3rd party sellers. I knew you can invest in stocks, the different risks, that the market changes. I knew that both...
It's definitely possible to reach your goals 10x faster. It comes down to your level of dedication to the reaching your goals and how consistent you are to achieve them. However, it's not only dedication and consistency that's needed. It's also having the right tools and resources.
Kevin also talks about why you need a mentor. Having a mentor really changes the game. Especially when mentors have been through the process and know exactly what needs to be done to reach your goals 10x faster. And How Amazon is a 1/1000 Business Model, because of the ability to scale so quickly with no prior experience and the right training.
YouTube gurus all talk about Amazon FBA which is HIGHLY capital intensive. With a large portion of them also that only have been selling on Amazon since 2017/2018 meanwhile Kevin has been on Amazon since 2014 and has done nearly 7M in sales without FBA. And he started with a $500 card and no money.
The best of...
Amazon is one of the best eCommerce platforms to sell on. It’s one of the largest platforms to date, with 100s of millions of customers. The best part is you don’t have to focus only on one product or specific niche. You can sell in various categories that have many different sub-categories. There are thousands of products already ranked and selling on Amazon, which makes scaling your business much simpler. Focusing on one product or niche limits your potential.
Starting an eCommerce business does take time, hard work and dedication. You need to be consistent with your business for it to grow. We can give you all the necessary tools, resources, and mentorship but at the end of the day it’s up to you and how willing you are to dedicate yourself. You could be hard working and dedicated but may lack in time due to work or life. This is where automation comes into play.
When you automate your business, you’re leveraging to other people to...
Have you hit a road block and you're not quite sure what to do to increase Amazon sales? Well, you're in luck! We're here to share 6 tips to increase Amazon sales. These tips can be implemented whether the product is new listing or an old listing. Now, let's get into it!
1. Optimize Your Title
Using keywords is a great way to optimize your title on Amazon. It's one of the most important ways to improve your products findability. When you're optimizing your title on Amazon, you should first start with the most elementary information such as brand, product description, product line, material, colour, size, quantity, etc. This method is also extremely useful when you're creating a listing from scratch when you're dropshipping your own items via private label, or unbranded products.
2. Pile on the Feedback
Let the feedback come naturally overtime because it's better to not get hung up on it or force reviews. Although, you can request a review on the orders...
Another week, another battle between Amazon vs. Shopify. Both are really great platforms to start your eCommerce business. But which platform is best to start with? Personally, we believe Amazon is the best platform to start with, especially when you're new to the eCommerce business world. Here's some great information on each platform, and towards the end you'll know exactly why we choose Amazon as your first stop.
Selling on Amazon is the best eCommerce platform to use hands down. Amazon has 100s of millions of customers. It’s the largest platform to date and has a relatively small learning curve with how we teach it. You don't need a niche or focus only on 1 product - this is limited thinking. You should sell in 1-2+ Major categories. You can sell thousands of products already ranked and selling on Amazon, which makes scaling your business much more simple. You can build a brand with Amazon and focus not only scaling the business quick, but scaling a long...
There are many ways of selling products on Amazon's platform using the dropshipping methodology or FBA. As a seller you can piggyback, create original listings or private label. What is private label you might ask? Amazon private label is using a manufacturer's generic products but remarketing under your business/retail name with your packaging and logo. It's a super profitable business model when done properly, the unfortunate reality is that for most people, it's costly. Most private label sellers use amazon FBA and buy upfront - and follow YouTube videos where you’re told to spend money on ads for every single product. When done properly, you can do it without spending much on ads, but not many people teach this - we do!
Now, before you start with private label, there are a few things to consider. You decided to take the Amazon private label route, now what should you do? First you need to do your research on the product that you would...