5 things to consider before starting with Amazon FBA
Updated: Sep 5
Starting with Amazon FBA can often be overwhelming and hence here I list the top 5 things that you would most definitely require before putting your foot in the E-com world.
Read through it carefully as this would either make or break your business!
1. Having the right mindset:
Most people who teach or mentor in Amazon FBA show it as a no hard work scheme, which is absolutely not true!
Starting with the right mindset will decide the future of you business (when will it be successful, how to scale, how big of a company it will become etc)
Train your mind and it will reap the benefits
2. Enroll in a course:
YouTube is the real deal in the information age providing free content.
However purchasing a course actually provides a road map on how to achieve your goal with Amazon FBA..
Pick a course that is budget friendly and provides enough value to cover everything on how to sell on Amazon.
Is it worth buying a course? Click here to find out.
3. Invest in a software:
This might sound a bit crazy but if not in the start you would definitely require a software like Helium 10 or Viral Launch in the long run. These are power packed tools which are key to product research, product SEO (Search Engine Optimization) and Amazon business management.
These tools are driven by data provided by amazon and help in validating product ideas to almost everything that can be optimized in your Amazon business. I cannot stress how easy your life would become as an Amazon Seller if you use these tools.
Both of these tools provide free trials so you can get used to their interface before making a purchase.
For starters it is best to start with a trial and fidget around with these tools and learn about the experience. If satisfied which I am sure you will you can make a purchase and start your amazon journey with a bang!
4. Have enough money:
This goes without saying as it is a physical product based business it requires money to grow money. As easy as it all sounds it is not a "Get rich quick" scheme, it is a real business and would require time and effort to succeed. Although compared to various other businesses it is easily scalable.
It is often hard to decide the amount of money required to start as an Amazon seller as there are various factors that determine it like niche, product quality, competitors etc.
It would be safe to say at least a $1000 - $2000 should be a good start, but it could be higher or lower depending on each product. This can be determined by using either Helium 10 or Viral Launch this could help in understanding the market needs and how much resource would be required.
5. Pick a Niche:
You must have heard this a million times if you have been doing your research on how to start on amazon. The only reason this is so important is cause this defines the path you would be taking as an Amazon seller.
Picking a niche for which you have a passion for, could motivate you to easily scale the business contrary to the high money making niches which wouldn't sound attractive in the long run. Whenever starting a business always think about the long run.
Write down your passion and understand the markets you can reach and help people.
Focus on improving the customer experience, by providing real value you will automatically be making sales.
To find a product or a niche you can use the Black Box product research by Helium 10 or Product Discovery by Viral Launch. These tools provide statistical analysis and help in deciding the product you want by identifying the market needs for you!
There isn't a better time to start earning money online than today!
Your mindset would either make or break your business.
A good course does not need to be expensive.
Determine your niche and have enough resources to enter your market
If you've ever been interested in selling items on Amazon or getting into the eCommerce world and are looking for an alternate course to the last amazon course, I have linked below a company called Helium 10 who has a tool which costs $97/month and it comes with a $997 A-Z training program on how to find, source and sell items on Amazon which is complementary with your monthly subscription of $97. This means the $997 training becomes FREE when you purchase the Helium 10 subscription!
$97 may sound like a lot to some of you, so I am providing you a choice of two discount coupon codes below. The course does come with an exam and certificate to certify you as an Amazon Seller which can then open up many more business opportunities for you.
The below are affiliate links so I will receive some commission if you use them. The tools and training are worth every penny. To make it more exciting it also comes with a 30 day money back guarantee so if you decide the tool is not the one for you, you can always get a refund within 30 days of your purchase.
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