How Positivity and Happiness Can Effect Your Business

Have you ever heard CEOs or managers tell people to smile? Believe it or not, there is a legitimate reason for the request. People prefer to shop at places where employees appear to be happy and are always smiling. You can view multiple studies that prove this both here and here. The problem lies within your employees and yourself. You can’t force them to be happy. And forcing them to smile and pretend to be happy can increase mental and emotional strain, causing a decrease in performance and a higher turnover rate. So what do you do? Keep reading. I’m

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Link2Vid Can be used in any niche | Income screen shots derived from health niche…We’ve Been Doing This For 3 Years

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8 Greatest Ways To Converting Your Traffic Into Your Greatest Profit

The Secrets behind a Great Profits from Traffic finally revealed! If you want to know how they make it, you’ll definitely need to know what they’re doing.

Do you have a website which pulls in large number of visitors everyday? You can actually benefit yourself with the traffic and earn a great, residual income if you give a little more effort. Here are some of the greatest ways you can convert those traffic into mountainous cash:

1. Sell a product/service
Of course, to earn money you need to sell a product or service to your visitors. It is the best way to profit from your own product. Usually, an e-book or software works the best – they can be downloaded right away, no shipping included, no handling to be done. You earn 100% of the profits without any investments to be taken before that.

Other than that, selling your own product allows you to set your own price.

CHECK THIS FREE COURSE TO START !

2. Opt-In list
It is very crucial that you try to convert every visitor of yours to a subscriber of your mailing list. The most important asset that an Internet marketer has is his or her list of subscribers. They define whether you will go far in the online business venture.

CLICK HERE FOR THE BEST MAILING LIST / AUTO-RESPONDER

With an opt-in list, there are tons and tons of ways you can profit greater in the future. You can make previous customers purchase again from you, making them your repeating customers – that is of course, if they are in your mailing list and you can urge them to buy again.

Building a closer relationship with your own subscriber will be the best thing you can do. By having your subscribers ‘trust’ you, you can endorse many other useful products to your subscribers and the chances that they will buy from you will be high – because they trust you.

3. Viral marketing
You can provide a free product or bonus to be listed on your site to be downloaded by your visitors. Usually it’ll be an e-book where people can read from and learn useful information. In this bonus, you include give away rights and urge readers to give it away to anyone they want to. This way, you increase your own publicity and branding.

In the future, you will receive great benefits as when you are known, people will trust you more and this profits you. Between a product – let’s say a tooth brush from a beggar and a doctor, who will you prefer to purchase from? Unless the beggar offers something special, it is hardly that you will purchase the tooth brush from him.

YOU SHOULD TRY 14-DAYS FREE TRIAL !

4. Pay-per-click
In this case, you don’t pay for every click but earn instead. There are many advertising programs that give you a percentage of the bidding on a certain keyword. The famous ones are Google Adsense, Chitika, Yahoo Publisher Network and Kontera.

When people click on the ads shown from either of these advertising programs, you will earn a small portion of money. Nevertheless, if you have high traffic to your site – these programs alone can generate your residual income.

5. Offer an advertising space
Usually websites which brings in very high traffic will sell a small portion of space on their web page. You can charge a minimum of $300 for advertising someone’s ad a single month on advertising fee if your web page is pulling more than 2000 visitors a day.

Other than that, you can also create exit pop-ups that advertise other websites as well. By doing this, you don’t clutter your website with too many ads and you can earn a better reputation from your visitors.

6. Affiliate marketing
If you don’t have your own product for sale, you can sell other’s products instead and receive a commission on every sale. With affiliate marketing, you have an unlimited source of products to sell and you don’t need to go through any problems after your sales.

No customer service, you don’t need to issue any refunds, just let the owner do everything else for you after each sale. If you have a mailing list, you can endorse many other products and earn very great profits from your subscribers.

Best Place to Start !

7. Pay-per-lead
Instead of earning money from every click your visitors clicked on, you are paid if you get your visitors to subscribe into other’s mailing list. Nevertheless, it is not necessary that you just get visitors to become other’s subscribers.

There are a lot of bigger companies like Coca-Cola and Pepsi which holds survey every few months. By referring your visitors to them in order to complete a survey, you can also earn great profits from it.

Applied correctly, you can make a huge fortune on the Internet and build a steady online business – taking over the place of your day job. Take some time to put effort in either of these strategies, because it can make your day bright.

Best Place for Solo-Ads !

Do-follow Links vs No-follow Links – Does it really matter?

One of the biggest debates in the SEO world (and one that shows absolutely no signs of ever going away) is the do-follow vs no-follow links debate. There is one camp who stringently argue that the only links worth anything are do-follow ones; on the other hand, there is a group who say that it doesn't really matter.

So who is right and who is wrong? Is there any hard evidence when it comes to do-follow vs no-follow and their importance to the humble affiliate marketer? 

The Do-Follow Links Argument

The proponents of the "do-follow only" camp have a pretty logical argument backing them up. In terms of SEO value ("link juice", to use the nomenclature) Google should theoretically only count do-follow links. Any link that is no-follow has a direct and clear instruction telling search engines to ignore it. Think of the rel=nofollow tag as one of those detour signs you occasionally see. The street is still there, it's just you're being told to pass by it.

The No-Follow Links Argument

On the flip side of the coin, some people believe that no follow links actually do provide some form of link benefit. Over and above this, they can provide great referral traffic from people clicking through your links. An excellent example of useful no follow links are blog comment links. The vast majority of blogs are no follow these days, which was put in place to discourage comment spam. Howevever, a well-place blog comment on a popular blog can deliver hundreds of visitors in a very short space of time. 

Wikipedia is another great example of the usefulness of no follow links. Way back in the day, Wikipedia links were actually do-follow. But then link spammers caught on to the fact that this was a huge authority site that anyone could edit add their own links to. No-follow links were introduced on Wikipedia to directly combat this. However, a link from Wikipedia even today still makes your site look more credible, and more to the point, you can get lots of referral traffic from it. One of my websites recently got a link from Wikipedia (it was credited as a source) on a fairly obscure article, but that single little link still sends around 100 visitors a month. Not bad, if I do say so myself.

The Evidence

There isn't really much solid evidence to back any side of this argument up. In fact, when it comes to SEO everything is an inexact science. What works for one person may not necessarily work for you. That being said, I strongly urge you to take a "balanced" and holistic approach to link building.

Build a stable of quality, context-relevant do-follow links to your website to boost it up the search engine rankings. Guest blogging, blog networks, web directories, and article marketing, these are just a few ways to get do follow links to your site that will help deliver that all important link juice. Check out the Affilorama SEO lessons for more great link building ideas.

Then, once you've done that, start building some no follow links from blog commenting, forums (some forums are no follow) and other places that are going to deliver you high quantities of referral traffic. If you can pre-sell effectively then big bucks await from quality referral traffic. Having an opt-in newsletter list is even better, as you can seize that traffic and keep them in your sales loop over and over again.

The Conclusion

The conclusion is simple – do-follow links provide better "link juice" for boosting your website up the search engine rankings. This cannot be denied. However, no-follow links can often be highly context-relevant, and come from sources that are likely to generate greater levels of referral traffic. In addition to this, search engines are more likely to regard a mixture of both types of links as following a "natural" link profile. This is a good thing, as an unnatural link profile is much more likely to see you booted from the front page of Google for SEO malpractice.

Therefore, it is prudent practice to balance do-follow links with no-follow ones. I wouldn't stress too much about whether the links you are getting are do-follow or no-follow. In fact, I wouldn't stress about it at all. Why? The reason is simple – if you are actually out there actively building links to your site, you are taking action, and that counts for more than anything.

What are your personal thoughts on the do-follow vs no-follow links debate? I'm sure your opinion probably differs greatly from mine, and I'd absolutely love to hear it. Just leave a comment below and get the discussion started. 

How to Think of Small Business Ideas

Has a product or service ever hit the market and the first thing you thought was, “I totally could have made that!” And you know what? You’re right. You could have. But you didn’t, did you? Someone else beat you to the punch. They come up with a business idea, they came up with a prototype, and then they followed through on building the business and promoting their product or service. The reason you didn’t come up with it first is you weren’t ready. I firmly believe this. Starting a business takes a certain type of person, this is true,

Credit Card Affiliate Programs: Hefty Profit or Major Loss?

The rise of online stores, mobile phones, and computer savvy shoppers has led to people becoming more comfortable making online purchases.

The move away from traditional retail stores to ecommerce has also seen an increase in demand for credit and debit cards.

These cards that were once the preserve of the rich and famous are now essential to everyone who wants to do online shopping.

While this might seem like the perfect opportunity to promote credit card affiliate programs, we still need to see if increased consumer demand equates to a profitable niche for affiliate marketers. 

Before anything else, it is important to conduct market research. In this Niche of the Week, we will look at the following factors:

  1. Definition: What is it about? 
  2. Popularity: Is there really a demand?
  3. Competitiveness: How to rank for keywords with high competition?
  4. Affiliate Products: What are they? Is the payout good?
  5. Marketing: How to promote this niche?

All the above are important questions that need answers. Let us go through each one of them.
 

Niche Definition

What is it about?

I won’t be defining what credit card or debit cards are as they are pretty much self-explanatory. For this section, we will be looking more at the needs of the market— the market now and the market to be.

By knowing the current needs and future needs of the buying market, we can fully understand and realize that with any niche that we plan to promote, we should not always have to define the niche as what it is, but rather, we need to learn what it is about by studying the market.

For some of you who are more into promoting sub-niches, knowing your market well will also provide you with a lot of sub-topics to cover since you will be researching the needs of the buying market.

So where should we start? We start by Googling. A simple, no-brainer step that I always do for niche research is to find similar websites and simply browse their pages to get ideas. You use this strategy to find the topics and sub-topics discussed on these sites.

For example, NerdWallet is a good go-to blog site that discusses money-saving tips. It includes a section for credit cards, which has a lot of good sub-topics to take note of like the best credit cards of 2018, the lowest interest rate credit cards, the best credit cards for if you have bad credit, and so on. If you look through the site’s pages, the content is all well thought out and all the topics are about the “needs” of the people interested in credit cards.

Another website example is Credit, which is more of a specialized website. Unlike the first example, this website is more about credit card topics only. They also have a lot of more targeted topics such as how to lower the interest rate, how to improve a credit score, credit card rewards, different types of credit cards, and so on.

With these two sites alone, you can get a lot of good ideas about the niche. You can use this information to learn the things that you will cover to supply the needs of your market. 
 

Popularity

Is there really a market demand?

The good thing about affiliate marketing is you do not have to be a know-all to promote any topic of your choice, nor spend money acquiring information that you need. The Internet is a large basin of information. You just need to know where to look.

For this section, getting the popularity information is very easy with the availability of online tools such as Google Trends.

You can easily see the popularity of any keyword by simply typing it in the Google Trends search bar. Once you get the results, you can filter the information by location and timeframe, among many other variables.

For the credit card niche, I typed in the keyword “credit card”, then filtered the location to “worldwide”, and the timeframe to “5 years”. The result below showed a consistently high search interest for the last 5 years:

 

 

If the above is not enough as basis for popularity and demand, you may always search online for any up-to-date (and valid) market reports to get more justification, like this 2017 Consumer Credit Card Market report published by CFPB. While it only covers the US market, the report is still a good resource and basis for market popularity and demand since the US has the largest market for credit cards.

The report summarized that the credit card industry “has grown in size, in the number of its offerings and participants, and in the scope and features of its products”.

The Google Trends data and the market report from CFPB both showed that the credit card industry remains to be stable in terms of demand. There is a huge market for this niche and based on the industry report, the industry shows no sign of slowing down as the market’s demand continues to grow every year.
 

Keyword Research

How to choose and rank for competitive keywords

There is no doubt that the most in demand niches have the hardest keywords to rank in. While this is true, it does not mean that you have no chance of ranking for good keywords. 

The first step is finding a good keyword tool to use. For registered members in Affilorama, you can take advantage of the free version of Affilotools. Just head over to your Affilotools account and make sure that you have properly set up your account first before you conduct any search queries. Click here for the detailed instructions on how you conduct keyword research using Affilotools.

Once you have your keyword tool, the second step is to look for your target keywords. This step can be overwhelming especially for beginners. While it is essential to choose the right keywords, you do not have to overthink this.

To help you choose the right and competitive keywords for your niche, you need to take note of the following:

 

1. The “search intent”

The funny thing is, I have been doing SEO for more than a decade now and when it comes to keyword research, I focused more on looking for keywords with high search volume and low competition. While there is nothing wrong with this strategy, I have missed a very important factor: that is the search intent.

What is search intent? Simply put, it is something that Google wants. Let me explain more. Let us say, we choose the keyword “credit cards for bad credit”, which in Affilotools is a highly competitive keyword (around 9M sites indexed under the keyword match!) with 110,000 local volume searches:

 

 

For most of us, the 9 million competitors for the keyword phrase: “credit cards for bad credit” is something that we will not risk since it is nearly impossible to rank for this term. But if we examine the keyword intent for the top 10 results for this term, we can see what Google wants for the term, “credit cards for bad credit”.

You can visit the top 10 links to see the content for these pages to learn why these pages are ranked for the particular term. This is what “search intent” is about. You have to know what Google wants to increase your chance of ranking for a very competitive keyword.

 

2. Filter the top 10 results based on authority

These are the top sites for the term “credit cards for bad credit”:

thebalance.com

creditcards.com

thesimpledollar.com

creditkarma.com

mastercard.us

wallethub.com

cardrates.com

nerdwallet.com

From the list above, only the site, mastercard.us is considered as an “authority site” (sites that are well-known online and offline), the rest are not. In this case, we ignore the authority sites and focus more on the top 3 sites that rank well for the term:

thebalance.com

creditcards.com

thesimpledollar.com

You notice that even for the high competition term, we have these top 3 non-authority sites, outranking mastercard.us. Why? Simply because these sites have good onsite SEO that most authority sites don’t have in the first place. Additionally, you may look at the “search intent” for these sites to know why they are ranking well for the term. Always remember to look at the search intent as this is the one factor that matters a lot when ranking for competitive keywords. 

 

3. Content Analysis

The top sites rank well in Google for a reason. One of the most important reasons that we are all aware of is the quality of content. Look at the top 10 results and dig more into their content by taking note of the following:

  • length of words
  • internal links
  • backlinks to the site
  • prominent keywords used

Just like looking for the common denominator for search intent, you can see some similarities in content for the top sites in Google. Forget about building a lot of backlinks to your website through profile creation, forum posting, and blog commenting. Once you know the common factor on how these sites are chosen for their content, you can rank your page without spending too much time building a lot of backlinks.

 

Affiliate Programs

Recommended credit card affiliate programs for you

Searching for credit card offers is not that easy. In this case, you may always sign-up to third-party websites that can provide you with a lot of offers to choose from. Below are some of the recommended websites:

OfferVault

1. OfferVault

Unlike ClickBank, OfferVault is not an affiliate network. However, it provides you with an extensive list of offers. It is one of the largest offers on credit card affiliate programs. Currently, there are about 2,000 offers on “credit card” search on their database. For credit card affiliate program choices, OfferVault provides CPA, per sale, or per lead offers on their site.

How much can I make?
Payment varies per affiliate.

How do I apply?
You can sign up here.

Flex Offers

2. Flex Offers

Flex Offers is an affiliate network company that you can also look into for credit card affiliate programs. The company may not have a large list of credit card offers but they do have a lot of choices for alternatives. This is a good go-to website if you seek alternative but similar products to credit cards.

How much can I make?
Payment varies per affiliate.

How do I apply?
You can sign up here.

CJ Affiliate

3. CJ Affiliate

Is another known affiliate network company. If you are looking for more CPA offers, CJ Affiliate is the site for you.

How much can I make?
Payment varies per affiliate.

How do I apply?
You can sign up here.

 

There are also affiliate network sites that are solely for credit card affiliate programs. You may register at the following sites:

Bank Rate Credit Cards

4. Bank Rate Credit Cards

15 years in the finance industry, the Bank Rate Credit Card provides you with the leading credit card choices from Discover, Chase, and Cit credit cards.

How much can I make?
Payment varies per affiliate.

How do I apply?
You can sign up here.

Credit

5. Credit

Credit is another known affiliate network. The company has been in operation since 2001 and it is another good source for marketing and finance related products.

How much can I make?
Payment varies per affiliate.

How do I apply?
You can sign up here.

 

To give you an idea of how much you can make from promoting credit card offers, an average payout for approved cards is around $50 then goes up to as high as $300. Additionally, there are other credit programs that pay per lead and per action, which makes this niche a very lucrative and competitive one.
 

Marketing

How to promote the niche

By now, you should have an idea of how you can promote this niche. Based on the data that we have gathered so far, here are my recommended marketing strategies for the credit card niche:

 

1. Inbound marketing

This marketing method never gets old, especially in the post Panda-Penguin era. The fact that content is king, this is also one of the most cost-effective ways to market a site. If done right, your readers can be your most powerful tool in spreading your content online. If you publish high quality content that your readers like, chances are the content will be shared through various websites, including social media sites. In the long run, you also build trust with your readers through content.

 

2. Reverse Engineering Method

Use your competitors as a ladder to your own site’s success. With reverse engineering method, you can have a glimpse of your competitor’s backlinks, domain and page authority, target keywords, etc. Use this information to your advantage. There are tools that you can use to do reverse engineering. For example, you can search for your competitors’ backlinks using Affilotools or Traffic Travis

 

3. Build your list

This is very important, especially if you do not want to waste the traffic coming to your website. Building your own list can save you a lot of time and cost in the long run. Do not just build traffic on your site, build your list too! You can’t convert first visits to sales (not all the time at least). You need to first build trust with your readers before they have the courage to buy from you. This is what autoresponders are for—to gather interested and potential buyers into one list, where you can personally send regular emails for content and promotion.
 

Credit Card Affiliate Programs

Gains or Losses?

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OfferVault (Small) Flex Offers (Small) CJ Affiliate (Small) Bank Rate Credit Cards (Small) Credit (Small)
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The credit card niche has strong demand and will remain in demand for a long, long time. While this niche is also a competitive one, it’s not impossible for newbies to promote this niche. It can be a challenging one that's for sure, but then again, there are a lot of ways (as I have discussed) for you to still earn from this niche despite the high competition.

I would very much like to hear what you have to say about this Niche Of The Week. You are free to discuss what you think below. Also, don't forget to share this with others who might be interested! 

 

Did you enjoy today’s Niche of the Week? If you do, then you’ll sure enjoy our step-by-step course in affiliate marketing. You can easily learn the ropes to affiliate success by enrolling in Affiloblueprint now!

How Rich Results Could Make You Rich

Search results are no longer exclusively text links. Depending on what you search for, you’ll receive a mixed bag of visuals, text, video links and possibly maps. If you’re a written blog, you’re competing directly with video at times. It doesn’t seem fair, but it’s the way the internet is moving and you have to move with it. Your SERPs depend on it. Aiming for the top of a pile of content rather than just the top of a text link list is called “aiming for rich results.” This means you will need to change your content strategy to compete. First,

Amazon FBA: How To Sell On Amazon As A Complete Newbie (Using This 4-Step System)

If someone came up to you and said: 

“Hey, want me to run your business? I’ve got millions of customers, and they’re all yours for free. Whaddya say?”

What would you reply?

I’d laugh right in their face.

“No way. Not buying it this time, dude.” Do you really think I was born yesterday? 

In what world does someone offer you a million customers and ask to run your business… FOR FREE?

If your answer to this is ‘no world at all’, I’m about to introduce you to a whole new one.

Do you know there’s somewhere normal people like you and me are cashing out big pay-outs every week, letting someone else handle all the “heavy lifting” that comes with running a business?

And no, this is NOT going to be about:

  • Creating Digital Products
  • Affiliate Marketing 
  • Online Coaching
  • Dropshipping

Neither does it cover things like SEO or Facebook ads, sales pages or having an email list.

Boy, do I love this place. And so do 2+ million other people.

Can you guess what it is?

Funnily enough, it’s not some secret club that’s nowhere to be found.

Here’s a hint: We’ve actually all been here. In fact, it could be in your browser history right now.

If you hadn’t guessed it yet, it’s Amazon

And they need people just like you to sell on their platform and grab a FAT slice of their billion-dollar eCommerce empire.

How? That’s exactly what today’s article is about. I’m going to show you how you can make money selling physical products on Amazon – without EVER having to touch or see them.

The Power Of Automation: The business that does business for you

When I heard someone talk about “physical products”, my skin used to crawl.

Just thinking of all the moving parts: 

  • The buying and storing inventory. “Where the hell am I fitting all this stock? The back boot?” 
  • Handling orders. “How am I supposed to pack and ship 100 orders in one night? Kill me now.”
  • Handling refunds. “Ugh. If someone returns a damaged item, where do I put it? I don’t want it.
  • Customer service. “What do I say when an unhappy customer messages saying their item ripped on the first day?”

 

Selling physical products sounded like living hell. It was never the ideal online business I’d see myself in. 

But when I heard Amazon did all of this for you – It blew me away.

Knowing you could run a business where someone else did all the “heavy lifting”: the shipping, packaging, logistics, refunds and customer service – became a life-changing moment for me.

Not only because half of my business took care of itself, this type of business stuck out to me something I always craved for in an online business – AUTOMATION.

I thought YES – for the first time, I could create an eCommerce business without all the burdens a normal everyday store has to deal with.

Selling on Amazon is as simple as it gets: 

  • you buy 
  • you list 
  • you sell 
  • then you repeat 

(We’ll go into more detail with this in just a moment).

But here’s one of the best parts: You get instant access to Amazon’s truckload of traffic, for FREE. To break this down into real numbers, look at how much traffic Amazon’s received in the past six months:

2.34 billion total visits in the past six months. (Source: Similarweb)

 

Think about how many people search for stuff on Amazon every day. Imagine placing your product right in front of thousands of customers each day?

And it doesn’t involve anything you’ve heard before like Facebook ads, having an email list or website, or even creating a new product.

Nor do you have to wait months on end to start making money. You can make your first sale in less than 30 days from now.

If you’re like me, that absolutely loves systems with just a few moving parts, you should be salivating at what I’m sharing with you right now (at least I am).

And if you’ve been a loyal subscriber to Affilorama, you know I don’t have to tell you about the amazing power of automationdoing less, to make more.

Whether you’d like to “go all in” and turn this into a full-time job, or just part-time, YOU get to choose how big or small as you want your business to be. There’s no ceiling. 

Whether if it’s an extra $500 or $1,000, or to make $10,000 a month, all of these numbers are totally doable. You just need to learn and follow a proven system that can generate this for you.

And that’s what we’ll be looking at for the next part.

How it works: The 4-Step System to Selling on Amazon

Selling on Amazon very simple. All you need to do is follow these four steps, then rinse and repeat the process:

Step #1: Find a product

The first step starts with finding a product to sell. And before you say “But Eric, I have no clue what to sell”, “I don’t know the latest trend”, look at how much these five random products make every month on Amazon:

Random product #1: Rubik’s Cube

 

Revenue per month: $83,342

$83/k to make people’s lives even more confusing than it already it is? Where do I sign up? 

Random product #2: Washer Fluid Additive 

 

Revenue per month: $58,437

Turns out loads of people want their car extra squeaky clean.

Random product #3: Aluminium Drip Pans

 

Revenue per month: $45,153

LOL. Seriously, it doesn’t get as boring as this. But who’d think this could make you over $45k?

Random product #4: Lemon squeezer 

Revenue per month: $10,991

$10k for squeezing juice out a lemon? 

Random product #5: Bamboo Travel Utensils

Revenue per month: $10,153

Oh, and another $10k per month for making wooden cutlery look fancy.

As you can see, you don’t need the sexiest or latest product to make money on Amazon. It can be almost ANYTHING.

It’s funny. When I ask someone who’s just starting out on Amazon “How well do you think you’re product would sell?”, they say something like, “Uhh… I dunno. But it looks really nice, so I’m confident people will buy it.”

WRONG. If you take this approach, you’re doomed before you even start. 

Instead of finding products you think will make sales, you do the total opposite. You find products that already sell. It’s not rocket science, and with a simple product research tool like the one we use at E-com Space, products like these aren’t hard to find.

Step #2: Create a listing on Amazon

After you’ve found your product, you need to list it on Amazon. Simply put, a ‘listing’ is the page you click on to see a product.

This way customers can find your product on the search results. Making one is incredibly simple, but I won’t get into all the details here.

Step #3: Ship to the Amazon warehouse

Once you know what product to sell, you have to ship it to Amazon’s warehouse. They have hundreds of warehouses placed around different states, where they hold all of your inventory. Then when a customer buys your product, they’ll pack and ship it straight to your customer, from their very own warehouse.

This is all through their FBA program (Fulfilment by Amazon). From here onwards, everything in your business starts to become automated.

Step #4: Make money!

Once you have everything set up: your product, listing and inventory in the warehouse, you’re now ready to make sales. 

This is where fun begins. Literally, I spend most part of the day refreshing my seller app a dozen times to check how many sales I’ve made. Care free.

Knowing that product will sell month after month, without you having to be there, even while you sleep at night – is a seriously awesome feeling.

The great thing is that once you’ve done all the main work upfront, there not much left to do, apart from sending more inventory in when you’re close to running out.

You can see how streamlined the process is to get started selling on Amazon. But what’s even more fascinating to see is how much money a single product can make you in a single month.

Imagine selling 5 more products? 10 products? 20? 100?

Each one bringing you in a monthly income – automatically. Giving you the freedom to go about your day as normal and focus on doing the things that you love. Like spending time with family, eating out, learning a new sport etc.

Like I said before, it’s not magic, it’s math. All you need to find out is how much products you need to sell in order to make you how much you want in a month.

If it’s $3,000 a month, it may be three products making $1,000 a month.

Or if it’s $10,000, it may be five products making $2,000 a month.

Obviously, there’s way more products that go above and beyond $3,000 or $10,000, single-handedly. The examples above are just to dumb it down to simple numbers, so you have a clearer idea of how possible it is to create the lifestyle YOU want when focusing on the numbers. NOT the product.

4 eCommerce models you can use to sell on Amazon

Before you start, you have to decide on what kind of selling method you want.

There are four major types of models you can use to sell on Amazon. Some have low profit margins, some high. Others require more money, or more time than others.

Whichever model you choose depends on your own circumstances. I’ve tried them all, so let’s take a look at each one quick.

Low cost, low profit margins:

  • Retail arbitrage
  • Online arbitrage

Medium/high cost, high profit margins:

  • Wholesale
  • Private label

Amazon Model #1 – Retail Arbitrage

This is what I like to call “entry level” type of selling. 

Here’s how it works: You drive to your local retail store, go to the clearance section, then find items that sell for a higher price on Amazon. You buy the item(s), put them in a box and send them over to Amazon’s warehouse so they can be sold.

This is how I started off, and it helped me get my hands dirty and see how the whole process worked out.

And for a while it worked… until I started getting 20+ orders a day. As my business grew, more and more time was spent roaming down the clearance aisle, trying to find items to sell.

On top of that, an even bigger chunk of time was spent packing these items into boxes, printing shipping labels, and driving down the post office to get them shipped on time for the next week. Yeah, fun.

At that point, I knew doing “logistics” for half the day wasn’t what I wanted to spend the rest of my life doing.

However, if you’re just looking to test the waters and see how things work, it’s a great way to start.

But at the same time, it’s super hard to scale your business without having to sacrifice your time. I wasn’t a big fan of that, so after trying this out for a little while, this model got a loud “NEXXTT” from me.

Amazon Model #2 – Online arbitrage

This is basically the exact same model as retail arbitrage. Only difference here is, you’re finding items on online stores instead (Like eBay and Toys R Us). 

So you don’t need to cut hours out your day to drive to retail stores, because you can order them home instead.

But again, there’s still ‘logistics’ involved. You still have to pack all your items bought in a box and ship them over to Amazon.

The end result is pretty much like the first: you hit a scaling cap, where your business reaches a plateau. Unless you find someone else to do all the packing and shipping for you, your business will only grow as fast as my 24-year-old brother’s facial hair (which is painfully slow).

Amazon Model #3 – Amazon Wholesale

This is one of quickest and easiest ways to making money on Amazon. 

All it involves is buying branded items in bulk from wholesale suppliers, then selling them on Amazon.

Here’s an example: Look at these Spider Man walkie talkies. Imagine they’re selling like hot cakes on Amazon.

All you’d have to do is find a supplier that sells this, order a bunch, then have THEM ship these to the Amazon warehouse for you. Making the frontload work completely hands-off on your side.

And you can do this over and over again, with hundreds of other products. Without worrying about not having enough time, space or if there’s enough stock left in the clearance section.

Plus, if you think it’s hard to find 100 different products, THINK AGAIN. You’ll be surprised to know there’s literally tens of thousands of products from one supplier that already are being sold on Amazon. 

In fact, it’s actually harder to find branded items that aren’t being sold on Amazon than to find ones that are.

According to Scrapehero, Amazon have a total of 562.4 million products being sold – and that’s JUST in the USA… they also sell in 13 other countries.

But what I like about the wholesale model is that it’s an actual business. At this stage, it’s not about finding items available at clearance and hoping to make a profit. Instead, you’re building a system that doesn’t frees you from much of the dirty work.

Amazon Model #4 – Private Label

Now for my favorite, selling privately labelled items.

In the past three models, the focus has been on selling branded items. This model takes a different angle. Instead, the focus is on finding niche products that make a lot of sales. Then having the product manufactured in China and shipped to the Amazon warehouse.

Another example: Let’s say yoga mats are making huge sales on Amazon. I want in on this big opportunity, so I find a manufacturer on Alibaba who’ll create my own yoga mat and add my logo to it (so it’s privately labelled. Get it?). Then from here, I have them shipped over to the warehouse and sell them on Amazon.

What I love about this model is, it’s your product. Nobody else gets to sell it. With branded items, you aren’t the only person selling the item, you share what’s called the ‘Buy Box’ with other sellers.

And unlike the other models, you don’t need 4 or 5 products to make $1,000. You only need one. Because these types of products can make you thousands of dollars – ALONE.

Plus, the rewards of selling products like these can be HUGE. Take a look at this product here:

Every month, this mouse trap set pulls in a revenue of $100,504 a month.

But could you guess how much it costs to buy the exact same product from China?

A DOLLAR AND FORTY CENTS! How dirt cheap is that?

 

This small, stupidly simple $1.40 mouse trap making $100,000 per month is just one of a million other unsexy products making a ridiculous amount of revenue on Amazon.

Private label is the model I use and is the best way to sell on Amazon for me.

Bottom Line: Anyone can do this. Why not you?

You don’t need to have a ton of time or experience to start a successful business on Amazon. All you need is a laptop, Wi-Fi and the right mindset. Just think, if other people can do it, why not me?

Selling on Amazon is a huge online business that almost ANYONE can get started with. It’s a simple step-by-step process, with few moving parts.

If you’re the type that doesn’t want to have to learn 101 things at once to have a successful business, and would rather follow a step-by-step system, selling on Amazon may just be the “perfect” type of business to start.

I hope you enjoyed this sneak peek into how you to sell products on Amazon. Hopefully you’ve had your ‘a-ha’ moment during this post and can see how lucrative creating an online business on Amazon can be.

Thanks for reading! Let us know your thoughts in comment section below.

 

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Bonus: I've set up a link where all Affilorama visitors can get free access to my eBook called "How to Private Label and Sell Profitably" (value: $147), for a limited time.

Simply head over to: http://www.affilorama.com/redirect/amazon4step to grab your copy now.

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This is a guest post from Eric Cole, Founder of E-com Space, which teaches people how to start their own online business, with a focus on eCommerce based models.

 

 

From the Ground Up

Being an entrepreneur boils down to two things. Being prepared Rolling with the punches And what I mean by this is you can’t be prepared for everything. However, you can be prepared for most things. When something unexpected happens, you need to be able to pivot and change your path or overcorrect to get your company back on the right course. This is what today’s post is all about. Everything an entrepreneur needs, both physically and with their mindset. Let’s roll. The Idea We all know every new business starts with an idea. Unfortunately, it doesn’t stop there. You need