How to Make Money Selling Products on Amazon

Introduction

• Speaker: Travis Marzani, a seven-figure Amazon Seller.
• Purpose: Teach how to make money by selling products on Amazon.
• Three Steps: Find a product, create a listing on Amazon, and properly launch the product.

Why Sell on Amazon?

• E-commerce Growth: Over $1 trillion spent online in the US last year. E-commerce is increasing yearly.
• Amazon Dominance: 50% of all e-commerce sales in the US happen on Amazon.
• Huge Opportunity: Amazon allows third-party sellers, making up two-thirds of its $574 billion sales.
• Example: Over 200,000 Amazon sellers make over $100,000 annually.
• Travis' Success: Over $7 million in sales; teaching others to replicate his success.

Three Main Steps

Step 1: Find a Product

• Product Research Methods: Various ways to find a profitable product to sell.
• Buying Process: Purchase products at a discount and resell on Amazon for a higher price.
• Manufacturing: Find affordable manufacturers in the US or overseas.

Step 2: Create a Listing

• Importance of Listing: Amazon is the number one e-commerce website; crucial to create a listing.
• Search Results: Aim for the product to appear at the top of search results for higher sales.

Step 3: Launch the Product

• Launch Strategy: Properly launching to get as many sales as possible from day one.
• Sales Impact: More sales lead to higher ranking in search results, resulting in more sales.

Why Amazon is Best for Passive Income

• Future-proof: E-commerce is growing; Amazon is a dominating platform.
• Passion Products: Creating products you are passionate about can lead to passive income.

E-commerce Statistics and Trends

• E-commerce: People buying things online; a growing trend.
• US Market: $1 trillion spent online last year.
• Amazon's Share: 50% of e-commerce sales in the US.
• Seller Success: Hundreds of billions made by third-party sellers.

Travis' Personal and Student Success Stories

• Travis' Story: Over $7 million in sales on Amazon.
• Student Success: Brent (over $1 million in sales), AJ (over $500,000 in first year), and others.

Course and Learning Approach

• Comprehensive Tutorial: Step-by-step, beginner to expert guide on how to sell on Amazon.
• Visual and Structured Learning: Includes timestamps and video controls for better understanding.
• Recommendations: Watch the entire video first; take notes on the second viewing.
• Helpful Resources: Check the description for additional resources and community support.

Finding a Product

Product Research Criteria

• High Sales Potential: Products with high sales potential.
• Low Competition: Ideally no competition.
• Lightweight: Easier to ship products.
• Brandable: Products that can be branded for higher value.
• Room for Improvement: Opportunities to make the product better.
• Unique and Consumable: Ideally unique and consumable products.
• Trending Upwards: Products that are gaining popularity.
• Premium: Products that can be sold at a premium price.

Product Research Methods

• Best Seller Method: Look at best-selling products on Amazon.
• Autocomplete Method: Utilize Amazon's autocomplete feature to find trending products.
• Helium 10 Magnet Tool: Use Helium 10 to find high-search-volume, low-competition keywords.

Examples

• Berberine Tea: Identified through keyword research; no current competition on Amazon.
• Carnivore Electrolytes: Over 3,600 searches per month; targeted at a specific niche.

Branding

• Create a Logo: Use platforms like Fiverr, Upwork, or FBACreatives for logo creation.
• Packaging and Colors: Create premium packaging and choose colors that convey your brand's message.
• Primal Branding: Follow Primal branding principles to create a brand that people trust and love.

Finding a Manufacturer

Steps and Tips

• Use Alibaba: Search for manufacturers, check verified suppliers, and ask about minimum order quantities (MOQs).
• Build Rapport: Communicate effectively and build a relationship with the manufacturer.
• Negotiate Pricing: Contact multiple manufacturers and negotiate the best price.
• Other Resources: Use ThomasNet, Google, trade shows, and Jungle Scout’s supplier database.

Shipping

• Air Shipping: Faster but more expensive (DHL, FedEx).
• Sea Shipping: Slower but more cost-effective for large orders.

Creating a Listing

• Keyword Research: Identify keywords people are searching for on Amazon.
• Quality Photography: Use premium photos or 3D renders.
• Bullet Points and Description: Highlight benefits and ensure keywords are included.
• A+ Content: Utilize A+ content for enhanced product descriptions.
• Reviews: Aim for as many five-star reviews as possible.

Launching the Product

• Build Hype: Create a launch group using social media, email, and direct messages.
• PPC and Influencers: Use pay-per-click advertising and work with influencers to promote the product.

Case Study: AJ's Cocktail Cards

• Initial Success: Over $50,000 in sales and $20,000 in profit in the first month.
• Crowdfunding: Raised over $100,000 through pre-sales.
• Long-term Success: $600,000 in sales and $244,000 in profit in the first year.

Common Questions

• Time Commitment: 2-4 hours per week; 24 hours total spread over a few months.
• Budget: $1,500 to $10,000; can start with $0 using Kickstarter or Indiegogo.
• Timeline: Typically 3-6 months to launch.
• Income Potential: No limit; some students have made millions.

Tips for Success

• Follow a Plan: Use a proven plan, find a mentor.
• Community Support: Surround yourself with peers and a support network.
• Commit and Take Action: Invest time and money; take actionable steps towards your goal.

Passion Product Formula Program

• Features: Step-by-step lessons, weekly Q&A calls, private Facebook group, checklist, one-on-one coaching, and bonus courses.
• Guarantees: 14-day money-back guarantee, double your money back if you don't make at least $1,000 in the first year.
• Limited Spots: 50 spots available, registration closing soon.

Conclusion

• Commitment to Success: Take action, follow the plan, and utilize the resources provided.
• Join the Program: Sign up for the Passion Product Formula to start your Amazon business journey.