Your Review of Amazon’s FBA Wholesale Marketing Course

Published on: 25 September 2018 Last Updated on: 23 March 2019
Amazon's FBA

There are now different tools and platforms that can help any individual earn money. Fulfillment by Amazon (FBA), for example, allows individuals to purchase products directly from the manufacturer, send these products to one of Amazon’s fulfillment centers, and have Amazon handle the picking, packing, and shipping of these products for a customer’s order. Under this service, Amazon will also handle your customer service and product returns. Because you’re just purchasing products from a manufacturer, you’re not launching a brand or trying to add value to a product – you’re just buying products from well-known brands and work as a seller on Amazon.

Selling wholesale products through FBA doesn’t require a large investment unlike other types of businesses. Because Amazon is already a household name, sellers can be assured that they will be working with a reliable brand once they sign up for FBA services. Aside from these, you can also experience the following benefits once you sell wholesale under FBA:

1. Established customer base:

Established customer base

When you’re a neophyte in the business arena, it’ll take years before you can gain loyal customers. You’ll have to study the market, know your target audience, and be ahead of the competition before you can achieve that goal. Fortunately, selling on Amazon can make the process easier and faster. Amazon has been providing products and services for decades, allowing them to earn millions of customers from different parts of the globe. Once you sell using this platform, you don’t have to worry about looking for your target audience – they’re already there in Amazon! Regardless of the products you choose to resell, you can guarantee that Amazon has the suitable target audience for them.

2. Scalability:

Getting a lot of orders is always good news for business. When this happens, you’ll have the opportunity to gain loyal customers and increase profit. However, when these orders are not met promptly, your name as a seller can be adversely affected as well. Over time, customers might see you as an unreliable seller. Selling wholesale products through FBA steers you away from this direction. Since you’re getting your products from another party, it’ll be easy for you to place orders based on the demands of your customers. If these products are selling like hotcakes, you can quickly increase your inventory in order to satisfy the demands of your customers. Less idle time, more satisfied customers.

3. Lower risks:

Usually, starting a business will require a lot of things. For one, you’ll need to have financial resources to set up your own brick-and-mortar store, hire employees, and use different kinds of marketing mediums. If your business doesn’t thrive and succeed, all of these investments will go to waste. Selling wholesale products through FBA lessens this kind of risk. Because you’re not required to have a store or make use of any marketing mediums, you don’t need to shell out a lot of money. Most often than not, you’ll only need to have enough money to purchase products from a manufacturer. Hence, when your attempts don’t give you any positive results, the loss is not that big.

Before deciding on the type of business you should engage in, it’s important that you also consider the disadvantages of your options. This will allow you to properly set your expectations and determine if such option is apt for your needs, lifestyle, and preference. Selling wholesale products through FBA might provide a long list of benefits, but it also comes with several cons:

Finding products that aren’t already sold on Amazon:

Finding products that aren’t already sold on Amazon

Amazon has been an online platform that sells different kinds of products since 1994. This brand has been operating for years, attracting more and more sellers every day. Because of the variety of products already available through Amazon, you’ll have a hard time looking for another product that is still inexistent in the website. Amazon basically has everything a customer could ever want and need – from cosmetics and electronic devices to books, decors, and even holiday costumes!

Successfully competing with other sellers:

As mentioned, looking for a product that is not yet available on Amazon can become a struggle. As a result, you’ll end up choosing products that are already sold on Amazon. This option still gives you an opportunity to earn, but you’ll have a lot of competition – some of which are already influencers or well-established brands in the market. Leveling out the playing field might mean you’ll have to come up with carefully thought-out pricing and marketing strategies and use other resources such as journal review coaching program.

High order quantities:

Being a reseller in Amazon will only require you to buy products from well-known manufacturers. However, since manufacturers sell products in bulk, you’ll have to make a significant financial investment upfront. You’ll have to pay a large amount of money just so you can purchase their products, sell these in Amazon, and make a profit from it. But the challenge doesn’t end there. Since you brought the bulk of products (probably around a hundred or more), you now have the responsibility of looking for a certain number of buyers just so you can earn from your investment. If you purchased 150 products from a manufacturer and only sold 20 of these, you’ll end up having a stale inventory and not being able to make the most of your investment. You’ll lose money instead of earn.

Being Different Is Good:

More and more people are choosing to purchase products from online platforms rather than doing it from a physical store. The former is more convenient and accessible to many. If you think selling wholesale products through FBA can satisfy these demands and can help you earn a steady income, go ahead and sign up for an account. Just make sure that you’re also using different strategies that can make your products stand out in the market. Remember that you’re not the first and only seller to use this platform.

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Trade Show

6 Steps to make Your Trade Show a Success

If you know the market activities known as the trade show, then you know how important they can be to develop a company. Trade shows provide a variety of resources including growing knowledge of the brand, networking with potential buyers, and making sales. Trade shows mark a major investment for a company. Therefore, in the marketing field of expertise, you need the statistics to show that this is a successful strategy. Here are six tips to ensure a good trade show: 1. Find Objectives and Set your Budget The first step to succeeding in a trade show is to know whether you want to demonstrate. You definitely won't be watching the same show based on the primary goal. However, it is important that you bear in mind the industry's biggest trade shows. You should walk step by step through the goods you want to make their debut or display at the trade show. Never endanger the reputation of your business for inexpensive short-term deals. What could appear inexpensive and enticing now may be dangerous in the long run? You can have your budget set up now. 2. Prepare your staff and teams It's important to have a strong sales staff and we would recommend you pick the best out of the squad for the trade show. Work them out carefully; clarify explicitly the priorities and stakes involved. ExpoMarketing is having too much competition in the market so you really need to choose the best staff for your trade show. You have two choices, whether to put in an in-house group or to hire an organization with event workers that have expertise with running trade shows. Whatever you decide, realize that your company will be the face of the employees working your booth. 3. Product Demos It's important to show your product and be prepared to allow the participants to test it out. Customers want something to see, touch, or even try before buying them. Send them a custom email to thank them for coming, and give them more detail about your company. You can also make a meeting. It's very essential to do so when everybody still considers each other. A strong trade show is easy to bear fruit if you respond quickly. 4. Giveaway free products People enjoy free things and plan to win quite a bit at trade shows. you can attract a crowd with anything as basic as freshly baked cookies, or you can go a step better with discounted items such as markers, shirts, notebooks, or water bottles. It will help crack the ice, open discussions, and ideally, prospects that are eligible. Try selling something that is important to your business. 5. Take Lead notes Your business card is an opportunity to expand your discussion past the trade fair, and a clear reminder of who you are. It's a must for skilled people. You feel out of place without brochures and people are less likely to be taking you seriously. 6. Follow Up Refer to the lead notes to craft customized messages that answer each future customer's unique needs and wishes. Know your primary aim that must be to transform the implementation of trade shows into long-term market partnerships. Read Also: What Type Of Inflatables Should You Opt For At Your Business Event Getting a Return on Investment From Using a Trade Show Booth A Well-Oiled Trade Show Machine: The Ones Running the Show

READ MOREDetails
Increase your ROI

7 Proven Marketing Tactics to Increase your ROI in 2018

The digital marketing landscape has become more diversified than ever in 2018 because consumers are generating their own content and marketers are searching for more ways to create product awareness and interest. Since the digital space is highly competitive, marketers are ready to do whatever they can for gaining a competitive advantage. However, instead of dipping your hand in all the pies, it is best if you use marketing strategies that are bound to increase your ROI in the form of more leads, higher traffic, increased conversion, and sales. In a nutshell, you want to use tactics that add something to your bottom line. Listed below are 7 of those marketing tactics that do exactly that and can be used to boost profits in 2018: Tactic 1: Instagram Ads After Facebook, Instagram has become the newest force in social media. Just like Facebook Sponsored Posts and Twitter’s Promoted Tweets have given results, Instagram Ads can also be immensely powerful. They are like digital chameleons because they are able to blend in with the audience’s feed for increasing awareness and driving traffic to your website. While the demographics of the social network is similar to that of Facebook, Instagram has distinguished itself with a greater level of engagement and creativity and gives you exposure to the right audience. Tactic 2: Reviews The online reputation of a business can be hugely influenced by customer reviews. Businesses with no reviews, no recent reviews or with negative ones are at a significant disadvantage as opposed to their competition. As a matter of fact, more than 80% of people have stated that their buying decisions are influenced by negative customer reviews. Thus, it is essential for every business to get positive customer reviews and should also respond to them in a timely manner. Positive reviews can be showcased on the website and on social media and negative reviews can be addressed before they go viral. Improving the customer review score boosts SEO ranking and improves online reputation. The best way to get reviews from your customers is by contacting them directly. By using a tool called GMass, you can email all of your customers at one time asking them to write a review of their experience. They would be more likely to write a review if they are already online checking their emails than having to remember to write one after they got home from their shopping trip. Tactic 3: Evergreen Content This is content that stays relevant and interesting for a long time, regardless of any cultural change. This can include industry resources, tutorials, tips, and product reviews. While this usually refers to white papers and blog content, evergreen content can also be used for video content, infographics, and email marketing. Tactic 4: Crowdsourced Content Yes, the statement ‘content is king’ might be getting old, but it remains true still. Content remains very powerful in today’s competitive market and can turn the tide for a business. The problem is that turning out heaps of creative and useful content requires lots of resources and time. Therefore, it is not surprising to see a new trend emerge; businesses have begun to collaborate and crowdsource because this allows them to get access to meaningful and relevant content. By soliciting ideas from others, a business is able to get the best quality content and save a ton of its valuable time without making any compromises on quality. With crowdsourcing, you leave the idea and word generation to someone else, mostly in your industry. This enables a business to get insights it may not have come up on its own. Also, using this content allows you to reach a greater audience because the ones who created the content will also share it out. Read also: Improve Your Local SEO Via Content Marketing Tactic 5: Retargeting Ads You just checked out an amazing new camera on Amazon and now when you visit Facebook, YouTube or any other website, you can see ads about cameras. This is a feature of Google Adwords and ad serving networks of other search engines, which is called retargeting or remarketing. When you check a business’s website, they can serve you with relevant and interesting ads wherever you go. Marketers are thrilled with this tactic whereas customers feel a bit creeped out. The best part? Your business already knows what the customer is looking for and targeting them with similar products will actually bring them back to you. Tactic 6: Video Content Marketing Traditionally, video marketing for dispersing content was termed unfeasible and getting an ROI from the video was quite difficult. However, this is the era of smartphones that have spectacular cameras and video streaming services that show you videos in just a few taps. This means that now the benefits of video content marketing can go beyond its cost. Every business needs to use video for product launches, Vlogs, tutorials, and tips because they provide value to the viewers. Videos allow a business to use humor, appeal to emotion and aid apprehension for relating to your customers in a better way. The same cannot be achieved with a written blog. Tactic 7: Custom Landing Pages Simply put, landing pages are webpages describing a piece of content, which require users to enter their information to unlock the said content. It is regarded as a lead capture tool because you want to be able to convert the readers into leads and customers when they go over your content. Otherwise, it is only a waste of time and resources. Landing pages linked from an email or blog should be connected to digital marketing content. Also, the featured content can be an eBook, white paper or anything else, but it has to be valuable enough for people to give their contact info. Using these 7 proven marketing tactics will help a business in increasing its ROI in 2018 effectively. Read also: Building a Brand for Your Small Business  Avoid these 5 Mistakes before Starting an SEO Influence Marketing Tool to Move from Local to Global Market How to Write and Design an Article that Attracts New Customers to Your Business

READ MOREDetails
klaviyo email

How to Use Personalization Tags in Klaviyo Email Templates for Higher Click Rates

Email marketing is a field, truely competitive in nature. It seizes the interest of subscribers along with encouraging them to get up close and personal with your content. Let me tell you an effective way of achieving this- personalization. Klaviyo has recently gained momentum for being the leading email marketing platform. Not only does it provide robust tools that give life to your boring email templates, but it also uses tags. Some of these tags use the dynamic insertion of individual subscriber data. In this comprehensive guide, we are going to dive into multiple ways of using personalization tags in Klaviyo email templates. Stick to us till the end if you want to comprehend the basics of personalization tags. Get a detailed idea about how to implement advanced techniques and various other useful strategies. Let’s get started, then! Understand the Basics of Personalization Tags In general terms, personalization tags refer to placeholders in an email template that get replaced with some specific information related to your subscriber list. These tags usually include the subscriber’s name, recent purchase, and even the location. For instance, rather than beginning the email with a typical “Dear Customer” statement, use tags like “Dear [First Name]," which makes the email look more personal. Klaviyo uses personalization tags that are super easy to use. You can either insert them directly into your templates or in other email drafts. For example, typing “{{ first_name }}” in your template will automatically replace it with the subscriber’s first name when the email is sent. The change might look small, but it makes an enormous difference in the emails you receive, giving the impression of a more customized email. The correct use of these tags assists in building a positive connection with your audience. If subscribers see their personal name or details, they are more likely to open the email and even click on links.  Now, this is exactly why personalized emails are much more popular than custom emails. All in all, understanding and using personalization tags is the initial step in making your Klaviyo emails more engaging and effective.  With basic tags like the subscriber's name or location, you can start to see an improvement in your email open and click rates. This sets the foundation for more advanced personalization strategies. Personalize Subject Lines for Better Open Rates Subject lines are initial elements a subscribers see, so making them personal can greatly increase your open rates. In Klaviyo, you can use personalization tags to include the subscriber's name or other relevant information in the subject line. For instance, you can use "Hey {{ first_name }}, See What's New Just for You” instead of a common subject like "Check Out Our New Products.” Such an approach gives your email a more personal touch, and people are likely to open it. When people see their name in the subject line, they are more likely to open the email because it feels like it was written specifically for them. And that’s not all! There is a plethora of data that makes your subject line more engaging. All it takes it to look for all those data. For example, you can take subscriber’s location into account and pitch them with a more personalized email. Another example could be using recent activity data. In case the subscriber recently viewed some product on your website, you can create a subject line like "Still Interested in {{ product_name }}? Get It Before It's Gone, {{ first_name }}!" Amazing, right? This not only personalizes the email but also reminds them of something they are interested in, increasing the chances they will click through. By using personalization tags in your subject lines, you make your emails more appealing and increase the likelihood that subscribers will open them, setting the stage for higher engagement and click rates. Tailor Email Content to Individual Preferences After you grab the attention of your subscribers, it’s time to give it a much custom touch. Now, the next big thing is to make the content list of your email more engaging. Klaviyo lets you use personalization tags within the email body to create a more customized experience for each recipient. The third instance is to begin your email with a friendly greeting like, "Hi {{ first_name }}, we noticed you enjoyed browsing our selection of {{ category }} products!" This approach makes the reader feel acknowledged and valued. Using personalization tags effectively is important as it helps subscribers make an informed decision about further purchases.  For instance, "Since you loved {{ previous_product }}, we think you'll also like these new arrivals." This not only personalizes the email but also showcases products that the subscriber is more likely to be interested in, increasing the chances they will click on the links. Make extra effort to customize special offers and discounts. For example, "As a thank you for being a loyal customer, {{ first_name }}, here's a special 10% off on your next purchase of {{ favorite_category }} items!"  This type of customization makes the offer feel exclusive and tailored to the subscriber's preferences, encouraging them to take advantage of the deal. Customizing your email content to align with the preferences and actions of individual subscribers can cultivate a more captivating and pertinent experience, resulting in elevated click rates and enhanced overall email efficacy. Use Behavioral Data for Triggered Emails Employing behavioral data to deploy triggered emails represents a potent strategy for amplifying click rates. Klaviyo simplifies the process of setting up these emails; all you have to do is use its user-friendly interface and other features.  With Klaviyo's email templates tailored for such triggers, businesses can effortlessly configure automated emails triggered by specific subscriber actions, like browsing a product page, adding items to their cart, or completing a purchase.  Such automation ensures timely and personalized communication, thus leading to greater engagement and driving higher click rates. For example, if a subscriber explores a product page without completing a purchase, you can send a follow-up email containing a personalized message such as: "Hi {{ first_name }}, we noticed you were checking out our {{ product_name }}. Here’s a special discount just for you!" Including a discount code or highlighting product features can entice them to return and complete the purchase. Another scenario involves leveraging cart abandonment emails. In case a subscriber adds items to their cart but doesn't finalize the purchase, you can send a customized email prompting them to complete their order. Take, for example, a message that can send a reminder email: "Hi {{ first_name }}, you left something in your cart!  Don't miss out on {{ product_name }}." Including images of the abandoned products and a direct link to the cart makes it easy for them to pick up where they left off. Post-purchase emails are also effective. After a purchase, you can send a thank you email with product recommendations: "Thanks for your order, {{ first_name }}! Based on your recent purchase, you might also like these items." This keeps your brand top-of-mind and encourages further shopping. Utilizing behavioral data to deliver these precise and well-timed emails contributes to a heightened level of personalization, thereby increasing the likelihood of subscriber engagement with your content. Conclusion: Enhance Your Email Campaigns with Personalization Tags In conclusion, personalization tags in Klaviyo email templates are a game-changer for boosting click rates and overall engagement with your audience. By harnessing the potential of personalization, you can establish deeper connections with your subscribers and boost the probability of them engaging with your emails. Just envision receiving an email that greets you by your first name, suggests products aligned with your past browsing, and presents exclusive discounts tailored to your preferences. This exemplifies the impact of personalization tags in practice. With Klaviyo, you have the tools to implement personalization tags seamlessly into your email campaigns. Whether it’s using demographic data, past purchase behavior, or engagement history, there are countless ways to tailor your messages to each individual subscriber. Leveraging the goodness of personalization tags in your email template helps you send targeted and relevant content. It resonates with your audience on a deeper level.  This not only leads to higher click rates but also fosters stronger customer relationships and ultimately drives more conversions. So, don’t miss out on the opportunity to take your email marketing to the next level with personalization tags in Klaviyo. Explore various strategies, analyze outcomes, and consistently refine your campaigns to enhance their impact.  By adopting the appropriate methods, you'll witness a significant increase in click rates and witness your business flourish. Read Also: How to Integrate Email Marketing With SEO? Your Ultimate Guide To Creating SMS Marketing Campaigns Getting The Most Out Of Your Email Campaigns By Getting The Audit Right!

READ MOREDetails