π NEWSLETTER LAUNCH π
I've finally decided to validate the idea of creating a newsletter with good shit about selling on Amazon FBA
There's a subscribers target before it starts.
And the first 100 will have future gifts as loyal trusters.
ππ
https://t.co/aADH7oONWL
Amazon FBA is not the best side hustle to start.
Seek honesty. It is what it is.
You need an upfront investment of money and time, and your cash back is till months ago.
Later, you need to invest that generated cash in operate and growth.
Itβs only for braves.
When launching, do not activate your listing until the inventory has been spared between different fulfillment centers.
Mainly because the delivery times change a lot affecting CR.
Wait a week.
You can use Helium10 Inventory Heat Map tool to check the stock distribution.
If your product margin depends on a few pennies, you donβt have neither margin nor product.
Again.
If your margin depends on 20-50 pennies, you have nothing.
Do not prioritize little pennies over quality.
Assume the Q4 FBA fee raise a.k.a as a standard in your future numbers.
Not for Q4 2024, but from January on too (as in March the FBA fees will raise as each year).
This will help you minimize the effect of the raise and helps you make better pricing decisions from today on.
I think 2024 will improve a lot the current tools and info presentation as well as include more relevant data to open the chance to make more complex and targeted campaigns.
2024 Amazon Seller Central prediction:
Customer Analytics and targeting will improve a lot.
2023 is being a game changer in terms of organic info related to customers (Search Query Performance mostly) but also in buyer behavior (like Customer Loyalty Dashboard)
π
One of the latest quotes that will be living in mind for the rest is:
βThe magic youβre looking for is in the work youβre avoidingβ
Definitely, will live in my mind forever.
One of the biggest mistake Iβve seen is push an already working product sacrificing profit.
Pure sales doesnβt make you business growth.
Get a comfortable sales velocity, a good profit and focus on the next to come.
Best investment you can make in the beginning is financial software like Sellerboard or Shopkeeper.
Amazon accountability can be a true nightmare without them.
Just quick set up and everything will be correctly imported.
So you can check profit, not sales.
Sales are vanity.