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.
Starting an Amazon business in 2023 can be a lucrative and rewarding venture. Here are just a few reasons why you should consider starting an Amazon business this year:
1. Amazon is a trusted and well-known brand: Amazon is one of the most well-known and trusted brands in the world, which can give your business credibility from the start. Customers are more likely to buy from a business that is associated with Amazon, as they know they can trust the brand to deliver high-quality products and excellent customer service.
2. Amazon has a large customer base: With over 300 million active customer accounts, Amazon has a massive customer base that you can tap into. This means that you have a huge pool of potential customers to sell your products to.
3. Amazon has a wide range of tools and resources: Amazon provides a range of tools and resources to help businesses succeed on the platform, including fulfillment by Amazon (FBA), which allows you to...
Amazon is a great platform to start an eCommerce business. There are a few different business models when it comes to selling on Amazon. We're going to dive into dropshipping and what the pros and cons are.
Dropshipping is a business model where you don't have to keep any products you sell on hand. Instead, when a customer purchases a product from you, you purchase the item from your supplier, and the supplier will ship directly to your customer.
Now that we've discussed the business model, lets talk about some of the benefits of dropshipping such as low overhead costs, no warehousing, no buying bulk, etc. However, there are also downsides to this model such as high shipping cost, difficulty of returning items, etc.
- Low start up costs: you can do the business model yourself. You don't need to invest thousands up front, especially if you're just starting out.
- No warehousing: your supplier will be housing all the products for...
Amazon is one of the most popular websites for shopping, but it's also a great place to sell products. Amazon has made it easy for sellers to list their products and get started.
Amazon has a lot of benefits for sellers. It's easy to list items, and there are many features that make it easier to track sales and manage inventory. Sellers can also make use of Fulfillment by Amazon, which allows them to store their product in Amazon warehouses and ship them when they're ordered.
Selling on Amazon is a great way to increase your sales. You can reach a broader audience and get the product in front of more people. Plus, you can use Amazon to grow your business. Amazon is the world’s largest online retailer, with more than 300 million active customers. It offers you an opportunity to reach millions of potential customers and grow your business.
Amazon’s platform has been growing rapidly over the past few years, with many new features being added every...
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...
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...
Amazon is an awesome eCommerce platform to start a business whether you are a beginner or experienced. Best way to sell on Amazon is via dropshipping which is less capital intensive than FBA. Did you know that there are 2 ways to sell on Amazon? The 2 ways are listing branded products or unbranded products. Some have preferences on what they want to do or they do a mixture of both. Personally, we do both.
List and sell branded products that are already selling and ranked by Amazon. With the right suppliers, this is the simplest way to list as well as grow a substantial business. However, with the levels of competition, profit margins are usually a bit smaller but it is still the fastest way to scale an Amazon business and it is still very profitable. The great thing about selling branded products is that you do not need to run ads or PPC because it is an item that's been ranked and selling - it essentially cuts some of the work out for you.
In this short video, I talk about scaling your Amazon business without having to spend money upfront on products, Ads, or using FBA.
Dropshipping is less capital intensive- you only spend once you make a sale. You can prove validity and get a product to sell.
Dropshipping is a much better method than spending upfront by purchasing 500-1000 units on a product to do FBA not knowing if it'll be a hit or miss.
Using our methodology, you won't have to invest in Ads to get your products selling.
I touch on the best ways to dropship and how to do it well without using retailers.
Check out more videos here:
WRITTEN BY: Kevin Edgar