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Make Money Online Selling On Amazon Making Passive Income From Home

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• published: 18 Oct 2016
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Make Money Online Free List & Training = http://bit.ly/Free-List of Private Label Products http://bit.ly/Free-List Make Money Online Selling On Amazon Making Passive Income From Home Mikee:​ The first step in our four step framework in How To Sell Products On Amazon Seller that we're going to be laying out for this business model import start up is, firstly, finding a product to sell. For me, personally, it was pretty easy once I figured out what to look for, specifically the best seller rank of your product, and then how to assess if it's a good selling product based off that ranking in the category and then more importantly, is this a product that I actually want to sell and do for a long term period. Not just a one off thing. I really want to build a business and have something that last over a long period of time, not just let's just try this, let's just try this. The product does have to somewhat mean something to me or I have to have some sort of connection out of it, versus Andy who sells many different products, maybe you have zero connections to... Andy: ​Yes, there's actually ... I have one brand that I'm building out and I want to continue to make bigger. I've trademarked it and it definitely it's my best seller, but then I also will sell anything that makes money and so I'm okay with selling something maybe it's going to be a trend product and will sell for a year, but if that product can make me $30,000 in a year then I'm all right with selling that product. Mikee:​ Right, so the first step would be then your best seller rankings. What's your best explanation of what a best seller ranking is for a product? Andy:​ What Amazon Seller does is every single product they sell on there you can scroll down and you can see exactly what the ranking is on that product. What that tells us is, it tells us where that product is in relation to all the other products in that category. Let's take home and kitchen category as an example. In home and kitchen category there's probably about 15 million products and out of those 15 million products each one has a rank. The number one ranked product in home and kitchen that means that that's the top selling product on Amazon Seller in the home and kitchen category. Which means that that product probably sells, and this is just a ballpark estimate, 500-600 times a day is what a number one ranked product in the kitchen category would sell. ​What we want to do is, we want to see what the market is pulling at and so what we do is we comb through those categories and we want to see what the top 5,000 ranked products are in a category. I have an example here. This is a product that I just recently landed in the warehouse. I was combing through the categories and looking at some top ranked products and I just happened to find glass straws. You can see this glass straw right here. See the rest of the steps here: Step 2 - Price - https://www.youtube.com/watch?v=iONfBV4CQMM Step 3 - Review Count - https://www.youtube.com/watch?v=ToIPILTT2NQ Step 4 - Weight https://www.youtube.com/watch?v=y3DpvtaHwMg Step 5 - BSR History https://www.youtube.com/watch?v=vc9lmCJ7tA8 Step 6 - Market Research https://www.youtube.com/watch?v=29zhdJllS8I Step 7 - Alibaba.com https://www.youtube.com/watch?v=uyqP2KQy9vU Step 8 - Gold Suppliers https://www.youtube.com/watch?v=k-qw8Q5U3KU Step 9 - Chat China Now! https://www.youtube.com/watch?v=d5JlW-eek7I Step 10 - What To Say https://www.youtube.com/watch?v=1ljOGa6xTOE Step 11 - Order Samples https://www.youtube.com/watch?v=g3M8qwlGLu4 Step 12 - Customize Your Product https://www.youtube.com/watch?v=3vt0MrwKfEA Step 13 - Sending Payment https://www.youtube.com/watch?v=jelcIZlDPpg Step 14 - UPC https://www.youtube.com/watch?v=9ulB9Y6jXBw Step 15 - Production Sample - https://www.youtube.com/watch?v=e0Zs7pf4FS4 Step 16 - Create a New Product Listing https://www.youtube.com/watch?v=Ft3wKj6zIUQ Step 17 - Get FBA Shipping Address https://www.youtube.com/watch?v=P2kH_rli0QM Step 18 - Print FBA Labels For Boxes https://www.youtube.com/watch?v=-Xho_91eIbE Step 19 - Ship To Amazon Seller https://www.youtube.com/watch?v=2kWW-2KJnjI Step 20 - Your Product Listing https://www.youtube.com/watch?v=uprBo36Ne5Q Step 21 - GiveAways & Promos https://www.youtube.com/watch?v=tR3Kl4_6MKI Step 22 - Amazon Seller PPC https://www.youtube.com/watch?v=q-3ZcouAu6M Step 23 - Launch Price at 50% Margin https://www.youtube.com/watch?v=zarlcIkdM-c Step 24 - Find More Products https://www.youtube.com/watch?v=GxFfRmyx554 The higher the rank, then the higher the sales. https://www.youtube.com/channel/UCwqX0euFZbY5cZPPsdhY26Q https://www.youtube.com/watch?v=xOm3dbn4jj4 https://www.youtube.com/watch?v=Wik0O9ENTE4