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FT Notes-1.02

The document discusses the opportunities of selling on Amazon using the Fulfilled by Amazon model. It can eliminate barriers to starting a business and provides access to Amazon's massive audience and marketing capabilities. Sellers can scale their business quickly by shipping products to Amazon warehouses and having Amazon fulfill orders. The possibilities for income and business growth are large.

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Tanvir Ahmed
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39 views

FT Notes-1.02

The document discusses the opportunities of selling on Amazon using the Fulfilled by Amazon model. It can eliminate barriers to starting a business and provides access to Amazon's massive audience and marketing capabilities. Sellers can scale their business quickly by shipping products to Amazon warehouses and having Amazon fulfill orders. The possibilities for income and business growth are large.

Uploaded by

Tanvir Ahmed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 3

MODULE

1.02 Why Selling on Amazon


is a Good Opportunity

An overview of the
opportunities on
Amazon is revolutionary
Amazon: how you
can make money
for business
using the FBA model
▶ Eliminates many barriers to starting a business - especially capital
(you can start with lower capital compared to other business ventures,
as there’s no need for a physical business location, massive starting
inventory, etc.)

▶ Amazon comes built-in with a massive audience and in-house marketing

Amazon is the third-largest search engine in the world,


after Google and Youtube

The Fulfilled by Amazon (FBA) model

▶ Allows you to scale your business quickly

▶ You can ship your products directly to an Amazon warehouse, and then
Amazon ships directly to the customer

▶ This model allows you to work remotely, whether from home, an office
or on the go

▶ Using the FBA model, you can produce side income, build a multi-million
dollar company, hire employees or work on your own - the possibilities
are endless and completely up to you

▶ Amazon also offers a Fulfilled by Merchant (FBM) model, where


the sellers (you) are responsible for their own storing and shipping.
FBM traditional comes with fewer fees involved, but much more
logistical responsibility

1 Why Selling on Amazon is a Good Opportunity


Module 1.2

Remember: Amazon is a marketplace, Figure out your goals for selling


not just a website on Amazon
▶ Vendor program (not what we’re focusing on, ▶ Side money for bills? Vacation?
but for reference): Amazon essentially orders ▶ Be your own boss? Quit your corporate job?
in bulk from you and sells it themselves, then pays
you in 30-60 days
About product selection:
Marketplace program (this is what ▶ You don’t need a specific product in mind yet

we’re focusing on): ▶ If you do have a product idea already, don’t get
too emotionally attached - it may not be the best
• More than 50% of sales on Amazon are product for Amazon
third-party seller sales

• You decide what to source/design and sell Two crucial things to


Amazon selling:
• You ship your items to Amazon. Then they sell it
and ship for you when customers purchase via ▶ Data: Use it to identify product opportunities,
the Amazon marketplace analyze product performance and growth,
identify optimization opportunities, etc
• This FBA model scales very well
▶ Marketing: Constantly be optimizing your
• Essential to learn how to get your product
product listings and marketing ads to get your
in front of customers to get them to buy
item in front of customers when they search

▶ Use Helium 10 software tools to remain


More than 100 million people
competitive in your data analysis and
in the US have an Amazon
marketing efforts
Prime membership
▶ Growing in Europe and other
international marketplaces

2 Why Selling on Amazon is a Good Opportunity


Module 1.2

Generating cash vs. generating Amazon gives you all of the data
profits to work with
▶ Sales does not equal cash flow ­ ▶ Helium 10 and Freedom Ticket are the power
— pay attention to this couple that will give you the edge you need over
other sellers. You’ve come to the right place.
▶ Even if finances aren’t your forte, this course
will walk you through it
In conclusion: there’s never been a better
▶ More than 95% of people fail at starting time to sell on Amazon!
this business

• Excuses like “Amazon is too saturated now”


“It’s too late to compete on Amazon”
are just that: excuses

© Freedom Ticket, All rights reserved.


The money is out there
No part of this document, including the text, data, graphics, interior
▶ The big payday comes not from generating sales design and cover design, may be reproduced or transmitted in any
form without explicit consent from Freedom Ticket.
but from growing your business enough to sell it
to a company

• There are companies out there that hunt


for Amazon businesses to purchase

▶ You can start on the US Amazon marketplace


but then easily expand into international markets
once you’re ready

• Canada is the easiest to ‘translate’ to from


the US marketplace

• Visit Sell.Amazon.com/global-selling.html
to see every country in which Amazon FBA
offers their services

▶ Over 30k sellers are selling over $1 million


every year

3 Why Selling on Amazon is a Good Opportunity

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