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Are Your Amazon Sales Dropping? Now that Jet.com has gone live, the new “race to the bottom” begins Now that Jet.com has gone live, the new “race to the.

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Presentation on theme: "Are Your Amazon Sales Dropping? Now that Jet.com has gone live, the new “race to the bottom” begins Now that Jet.com has gone live, the new “race to the."— Presentation transcript:

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2 Are Your Amazon Sales Dropping? Now that Jet.com has gone live, the new “race to the bottom” begins Now that Jet.com has gone live, the new “race to the bottom” begins If you’ve seen more than a 15% drop in your sales in the past 3 to 4 months, your safety net is gone If you’ve seen more than a 15% drop in your sales in the past 3 to 4 months, your safety net is gone You have two choices... You have two choices...

3 Choice #1 Start selling private label products.Benefits: Others can compete with rival products, but your brand remains yours Others can compete with rival products, but your brand remains yours

4 Benefits: You get to set the price You get to set the price You’re opening the door to easier sales of future product releases You’re opening the door to easier sales of future product releases

5 Cons to private label products Can take a while to get sales going, which can hurt your cash flow Can take a while to get sales going, which can hurt your cash flow It can also take a while to find a trustworthy supplier who’ll provide a reliable product It can also take a while to find a trustworthy supplier who’ll provide a reliable product You’ll have to do some brand management You’ll have to do some brand management

6 Choice #2 Continue to resell third-party products Benefits: The branding and marketing is built-in, so you don’t have to raise awareness for the product The branding and marketing is built-in, so you don’t have to raise awareness for the product Typically easy to acquire Typically easy to acquire

7 Cons of Reselling Can be accessed by just about anyone Can be accessed by just about anyone You get surrounded by people who don’t understand business and hurt everyone with ridiculously low pricing You get surrounded by people who don’t understand business and hurt everyone with ridiculously low pricing You always need to keep hunting for deals to stay ahead You always need to keep hunting for deals to stay ahead

8 How can resellers still make money on Amazon The solution comes in committing to building a business inside of a business. Low-ballers all follow the same path, you need to know when to zig when they zag.

9 How To Survive & Thrive Back in 1916, three men decided to take on Sears, which was the Amazon of its day. Every household looked forward to receiving the Sears catalog. It was an event, not just an experience.

10 These three men had a focus on books and what they managed to accomplish was nothing short of phenomenal. At a time when Sears owned the mail-order industry, these men managed to capture a very crucial piece of the market.

11 Their company continues to exist to this day. The system they used to steal market share away from Sears can be applied to working WITH Amazon to get greater market share from other sellers

12 Read The Full Story At: NinjaHobo.com/CBYT


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