Amazon FBA Success - 10 Lessons I Learned - Best Webhosting

ULTRAFAST, CHEAP, SCALABLE AND RELIABLE! WE STRONGLY RECOMMEND ACCU WEB HOSTING COMPANY

Watch E-commerce Travis Marziani Video: Amazon FBA Success - 10 Lessons I Learned.
WARNING: This is a LONG and Personal Video where I share my profit for both Amazon and YouTube, plus my top lessons learned. Amazon FBA is easy if you learn and apply these 10 Lessons.

5 Mistakes In Creating an Online Store:
https://youtu.be/3b69Z1cj4E8

First Year on Amazon:
https://youtu.be/RTIKMIeqTr0

Product Launch Group:
https://youtu.be/U3_ktsnDesI

Passion Product Course:
http://www.effectiveecommerce.com/ppf/

Get Your Free Online Store Success Pack Here: http://www.effectiveecommerce.com/ESstarting/

There are 10 things I learned in the last year and a half of selling on Amazon. Some of these that I’m going to share are tactics that will increase your sales. However, some of them are things that I wish somebody told me when I was starting out.

Cash Flow
One of the things you have to remember is revenue is not profit. You have to understand your numbers and your cash flow. In my case, I have $746,114.67 in revenue. I paid $252,399.50 for the actual products. I spent $107,763.72 for the Amazon fees and another $110,078.10 for the Amazon FBA pick-and-pack fees. I also spent $40,464.97 for Amazon PPC, $10,166.15 and $13,000 for other expenses like paying the LLC. In total, I earned $212,242.23 in profit for the last year and a half. However, that does not go into my pocket. I reinvest it back into the business.

Don’t Compare
This is a toxic mentality. When you look at other YouTube gurus talking about how much money they are making online, remember lesson number 1. Also, if someone is making more money than you, see what you can learn from them. They could be doing something that you are not aware of. You also have to remember that as you get more success in life, there’s always someone who going to be more successful than you are. However, that is not a bad thing. There are lessons that you can get from them.

Document and Share
Document your journey and share your knowledge. However, I’m not doing this to brag. One of the reasons I do this is because people like watching what are the real raw numbers. I want to be 100% honest as possible and be truthful about what’s behind the entrepreneurship curtain. Also, I noticed that people tend to watch those videos for longer. I also want to show you that I know what I’m talking about and what I’m doing actually works.

Talk about all the ups and downs and the lessons that you learned. From the moment you start your entrepreneurship journey, you’re at least one step ahead as most people have not even started yet. What I recommend doing at least on a monthly basis, sit down and turn on a camera.

Fear
Fear and anxiety have been holding me back a lot recently. Talking to the camera, as silly as it sounds, has been very therapeutic. What I try to do is think of the lessons that I have learned from this fear and anxiety.

You’re going to have fear but you’re going to be successful because eventually, you become braver. It’s like taking a high dive. There’s a part of you that’s nervous but you learn to overcome it.

Don’t Private Label
Don’t private label, dropship, or sell some random junk that you don’t believe in. Instead, find something that you really believe in and passionate about and you sell that. When you sell your own passion product, you are able to unlock certain parts of your brain that will otherwise stay hidden.

Crowdfund
After you have an idea of a Passion Product, the next step is to crowdfund for it. You can do an Indiegogo or Kickstarter. Don’t take your life savings and invest that into an idea. Every step, you should be testing. Crowdfunding is one of the ways to do this.

Launch Group
Whatever kind of business you are creating, don’t do it by yourself. Create a launch group. It does not have to be on Facebook. You can do it on Instagram, Reddit, or even a group that you meet with in person. Have a community that will help you develop your product.

Learn from Others
In the first two years of my journey, I wanted to do everything by myself. This is such a huge mistake. The biggest turning point was when I listened to a podcast about e-commerce.
New Products
One of the best ways to double or triple your sales is to launch new products. For me, this is something that I realize that I actually enjoy.

Avoid Simple Mistakes
There are so many mistakes that you can make on Amazon that could cost you thousands of dollars. One of the mistakes I made was buying products that nobody wanted. For instance, I sold jars of PNB.

Instagram:@Travismarziani

Tools I recommend:
Sign up using one of the links below and I will give you a free 1 on 1 consultation
Shopify: https://www.effectiveecommerce.com/shopify
Onlinejobs.ph:https://www.effectiveecommerce.com/onlinejobs
Siteground: https://www.effectiveecommerce.com/siteground

Assume all links in the video & description are affiliate links and that by using them you are supporting the channel, so thank you!

Published: Friday, October 4, 2019 8:06 PM
Category: E-commerce Travis Marziani

107 Views

Related Videos

5 Lessons Learned From Making $5000 a Month with Amazon Associates

by Best Webhosting Added 3 years ago 53 Views / 0 Likes

Passive income through advertising and affiliate marketing is a reality for many. The secret is that it's a long term strategy and takes years to accomplish. When I first started with the Amazon Associates program I was earning nothing. I kept at it and eventually got it to be around a few hundred dollars a month. All types of passive income are like this. Slow and steady. Little by little each day. No one wakes up making a full time income online. It
Popular
Lessons Learned from 3 Years Blogging Blogging Lessons From a Full-Time Blogger

by Best Webhosting Added 5 years ago 117 Views / 0 Likes

Grab the GENIUS BLOGGER’S TOOLKIT before the sale ends! https://ultimatebundles.com/sale/tgbtk2018-main?a_aid=a11052&a_bid=3108a427&chan=youtube Did you know I started my blog one night back in 2015 while I was nursing my baby boy? A lot has changed since then (for one, I’m not nursing anymore •) so I thought it’d be fun to share some of the lessons I’ve learned blogging full-time! Here's the external hard drive I personally use: https://amzn.to/2RKQ1
3 Lessons Learned | PNB Vlog 14

by Best Webhosting Added 5 years ago 95 Views / 0 Likes

Get Your Free Online Store Success Pack Here: http://www.effectiveecommerce.com/ESStarting/ PNB on Amazon: http://www.effectiveecommerce.com/pnbamazon/ Hey everybody I have some new news about performance nut butter the company I just launched obviously if you've been following this for a little while I did it as a Kickstarter first now it's an Amazon FBA product I've got good news I've got bad news I've got everything in between. So let's start off w
7 Big Lessons Learned From 2019 | Aspire 188

by Best Webhosting Added 4 years ago 97 Views / 0 Likes

2019 has been a whirlwind of new opportunities and most importantly mistakes. After all of the ups and downs of 2019, these are the 37 biggest lessons learned from the year. -------------------------------- Recommended Videos: 225 VIDEOS FOR 2020: https://youtu.be/rMHN03gwrxs Chiang Mai for Digital Nomads: https://youtu.be/nftDjjcae44 Goal Setting For Entrepreneurs #102: https://youtu.be/ulKEsA5eIM8 Aspire Entrepreneur Playlist: https://www.youtube.co
20 Most Important Lessons I Learned Last Year

by Best Webhosting Added 4 years ago 83 Views / 0 Likes

WARNING: THIS IS A LONG AND PERSONAL VIDEO. I dive into my biggest personal lessons from this last year Click below to join the Waitlist For My Amazon FBA Course http://effectiveecommerce.com/ppfswitch Done is better than perfect: http://www.youtube.com/watch?v=ZLrGOCdVAdk&t=1 Meeting my Virtual Assistant: http://www.youtube.com/watch?v=ldJ5npY9Srs 0:37 - 1. Spend time reviewing 1:46 - 2. DO I NEED TO DO IT? DO I WANT TO DO IT? 3:38 - 3. Keystone Habi
5 Lessons Learned From Working Remotely

by Best Webhosting Added 4 years ago 89 Views / 0 Likes

In this episode of Adapting Together, Emily Watkins, Bluehost PR Manager, talks about 5 lessons she has learned during this period of working remotely. Bluehost small business resource center: https://www.bluehost.com/covid-19-business-resources 20 remote work resources: https://www.bluehost.com/blog/covid19-resources/20-remote-work-resources-13657/ Create your dream website today: https://www.bluehost.com/
3 Lessons Learned From Spending Over $400k on Facebook Ads

by Best Webhosting Added 5 years ago 91 Views / 0 Likes

I've spent a ton of money on Facebook ads, hopefully you can learn from the EXPENSIVE mistakes I've made. •Subscribe here to learn more of my secret SEO tips: https://goo.gl/ScRTwc Find me on Facebook: https://www.facebook.com/neilkpatel/ Read more on my blog: https://neilpatel.com/blog Do you know what the most popular advertising network out there is? Google AdWords. You know what the number two most popular ad network out there is? Facebook ads. Bu
Fiverr Deindexed My Gig for No Reason - A Few Lessons Learned

by Best Webhosting Added 4 years ago 61 Views / 0 Likes

I love Fiverr, I had two great months of making over $500 with ease. But come mid June, my gig was de-indexed for no reason. Got it fixed and then was made a choice seller- Checkout Fiverr here: https://websitecreativepro.com/fiverr For the affiliate program you can go here: https://websitecreativepro.com/fiverr-affiliates Fiverr is an excellent place to source work. I love using Fiverr as both a buyer and a seller. One thing I love about Fiverr is th
Popular
Vlogging Everyday, Lessons Learned - Aspire #26

by Best Webhosting Added 5 years ago 115 Views / 0 Likes

Why You Should Keep Watching: Aspire = Hustle + Grind Hustle, Grind, Hard work - These are all things we as entrepreneurs claim we want to do, but what does that actually look like? As much as we don't like to admit it, scrolling through inspirational quotes on Instagram and buying the latest book or course isn't going to get us to where we want to go. Aspire is all about documenting the unglamours journey of the "Hustle + Grind + Hard Work" , the tru
Popular
7 Marketing Lessons Learned From a Google Employee

by Best Webhosting Added 4 years ago 101 Views / 0 Likes

7 Marketing Lessons Learned From a Google Employee | Who do you think knows more about marketing than me or even knows more about marketing than other marketers? Sure, people like me and other marketers, we know a lot of information, but there's someone who has a lot of insight information. Today, I'm going to share seven marketing lessons I learned from a Google employee. RESOURCES & LINKS: ____________________________________________ Ubersuggest - u
20 Years Of Marketing - 7 Most Important Lessons Learned

by Best Webhosting Added 2 years ago 24 Views / 0 Likes

Can you believe it? I've been doing marketing for 20 years. So many, I can't even hold up my hands on how many years. And I learned some really important things that you need to know about. Today, I'm going to break down 20 Years of Marketing, The Seven Most Important Lessons I Learned. RESOURCES & LINKS: ____________________________________________ Ubersuggest: https://neilpatel.com/ubersuggest/ ____________________________________________ Now you've
Five Lessons Small Business Owners Have Learned During COVID-19

by Best Webhosting Added 4 years ago 73 Views / 0 Likes

Brandi Johnson, marketing coach at heybrandi.com, shares how small businesses are finding creative ways to adapt to the new normal and the lessons they’ve learned along the way. Brought to you by GoDaddy. COVID-19 isn’t just a hurdle causing many small businesses to face hardships — it’s also a unique opportunity to reach untapped potential. With 43% of small business owners pivoting their business models during the pandemic, marketing coach Brandi Jo