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.
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...
Another battle of the eCommerce platforms. This time we are diving in between Amazon vs. eBay vs. Shopify. All three platforms are great to start an eCommerce business. However, each have their pros and cons. We personally like Amazon the most, followed by Shopify, and eBay. Let's break it down between the three platforms.
Selling on Amazon, there's a monthly cost of $40 for a professional account. It's $0 to list items, so you can list as many as you want. 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 FAST. But, you can also build a brand and have brand recognition. Building a brand becomes a long term sustainable business where you can scale your business HUGE in the long run. There's no need to spend money on ads when piggybacking since the items are already selling which makes it very attractive and lucrative for...
The most important keys to finding successful products to sell on Amazon is competitive or dominating products with good pricing and a mixture of low to high keywords. One of the areas that people struggle with most on their Amazon businesses is finding products to sell on Amazon.
Once you pick two to three major categories it just comes down to putting in the work, researching products as shown in the video above! It's not rocket science, it just takes knowing the right strategy and putting in the work.
Want to watch more videos like this one? Check out Kevin's YouTube channel here:
WRITTEN BY: Kevin Edgar
In this video Kevin talks about how dropshipping is one of the best online business for new entrepreneurs that may not have a lot of funds to start with.
Dropshipping is less capital intensive which is helpful to those that are just starting off. It's also a methodology that's taught in some colleges and universities.
It's also one of the easiest and fastest way to scale and grow your eCommerce business. It comes down to investing in yourself and investing on training. It's also about finding the right coach and mentor.
You can start off by getting free knowledge from Kevin's YouTube channel and the free coaching group - but it'll only get you so far.
Take the time to watch this video as it goes indepth on dropshipping, business, mentorship, and coaching.
You can also check more of Kevin's YouTube videos here: