What is the best way to make money online? Is it Amazon FBA Private Label or is it Dropshipping? In this video, I will go over the Pros and Cons of both of these methods and help you decide which one is right for you.

Amazon FBA Private labeling

Private Labeling is where you find a product that a manufacturer is making, make your own branded version of that product and sell it on Amazon.

Pros
1. Amazon handles the tough part – Amazon sends out the shipment, handle all the returns so you can basically live anywhere, work anywhere and work on your own schedule.
2. Better margins – This means you make more money for each sale you get. The reason is with Private Labeling, you are working directly with the manufacturer, you’re basically creating your own product while with dropshipping, you’re selling someone else’s product.
3. You don’t need to build your own website – You need to create your own website and drive traffic to your website with dropshipping while Amazon FBA, you can just create a pretty simple product page.
4. People Trust Amazon – People may hesitate to handle their credit card websites to unknown website while Amazon is something they already know and trust.

Cons
1. Takes money to start – I do have a trick where you can get your first production run completely paid for but for typical private labeling method, it cost a decent amount of money to get started.
2. Amazon can ban you. – They can kick you off when you violate rules and it is scary because you don’t own the platform.

Dropshipping

Pros
1. Easy to Get Started – All you have to do is to find a manufacturer, create a website and you can pretty much sell in the next (more…)

In this video, I will show you the product research method that I used when I created my passion product, Performance Nut Butter. I taught my girlfriend Arianna the same method which she used to create her own passion product, Vino Cards and I’ll teach you to do the same thing.

Product Research Method

1. Find out what you want – Figure out something that you wish existed in the world. A unique product that you would personally buy and then create it. It doesn’t have to be a mind-blowing or game-changing product. If you search something on Amazon and nothing came up, then that’s already a great idea!

2. Use Free Tools
Jungle Scout – You can find out how well any product is doing on Amazon using the free version of Jungle Scout. What you can do is find a similar product to the one that you want to create, put it in the tool, get the bestselling rank and it will tell you approximately how many units that specific product is selling. This is a great way to validate your idea.
999 Amazon Trick – Another free method you can do is to add certain products to your Amazon Cart 999 times and Amazon will tell you how much inventory does the seller have.
Google Key Word Planner – It can be used to see how often people are searching keywords that are related to your product.
Google Trends – This will show you how often over time are people searching for keywords that are related to your product.

3. Talk to Real People – The best way to get valuable insights about your product is to talk to real people. Do what I call a Product Launch Group. Create a Facebook Group, add your friends and family in there but (more…)

In this episode of the effective e-commerce podcast, we will be talking about how Ariana’s manufacture her product Vino cards in China. She saves a lot of money manufacturing it in China and We’ll find out the step-by-step on how to do that.

>

In this episode of the effective e-commerce podcast we will be talking about how Ariana’s designed and got her product Vino cards manufactured in China. She save a lot of money manufacturing it in China and We’ll find out the step-by-step on how to do that.

Hey everybody in this episode of the effective e-commerce podcast. We’re gonna be talking about how to create a passion product how to sell it on Amazon like create a whole business around it and I have Ariana on who I taught how to create a passion product business and for those of you that don’t know Ariana is my girlfriend is well so she’s the perfect guinea pig for the passion product method.

1. Idea – There was something unique about their ideas. All of these successful entrepreneurs created products that they were passionate about
2. Pre Selling – All of them pre sold their products before they manufactured it. The most effective way to pre-sell a product is through Kick Starter or Indie Go Go.
3. Sell It Online – It’s important to find out where your customers usually hang out and sell your products there. There is also a high chance that they are buying something online so another tip is to put effort into creating your own website as a platform to sell your products.

Ariana’s launching Vino Cards on Amazon on the 4th of December and we need to work on her Amazon page. She never had an Amazon seller account before and doesn’t even know how to start it so I’ll help her.

Ariana still works on the corporate world. She has a full-time job but works on her passion product which is Vino Cards on the side. She hopes to turn it into a fulltime job so she can also quit her job. I’ve been teaching Ariana on how to create her own passion product which is Vino Cards and I will teach you how to create your own passion product too through the course that I will be launching very soon.

In this video, I will show you how to set up the entire Amazon product page that includes the title, how to do keyword research for your product page, images, product description and pretty much everything to get it ready.

Setting Up the Product Page
1. Keyword Research – You have to figure out the keywords that people search for in Amazon. For Vino Cards, I knew it was going to be Wine education, Learn about Wine, Wine Course. I went to the Google keyword planner to try to find some more keywords that people search related to this but you can also use Jungle Scout or Viral Launch for this. I just use the Google keyword planner because it works pretty well and I don’t usually want to pay for this kind of service.
2. Title – You are going to use all those search terms you found to write a title for your product that is human readable. Here’s the sample title that we came up with “ Vino Cards: Wine Tasting Game Complete Beginner Guide Wine Course with Flashcards to Learn About Wine (more…)

21. Create an end goal
22. Produce Something Your Proud of
23. Done is Better Than Perfect
24. Experiment of 1
25. Listen to your Body
26. Enjoy the Journey
27. Yin and Yang, you need to be able to relax to go full force
28. Nothing in is fully solvable –
29. Work on What Excites You
30. Bonus:Love Life

In this video, I’ll share with you the Pros and Cons of selling in Amazon and eBay and answer the question of where should you sell online.

I’ve been selling online since I quit my corporate job over 6 years ago and specifically, one of these platforms actually changed my life. Here are the Pros and Cons of each:

Amazon

Pros
1. Most E-commerce Sales Go Through Amazon – The last time I checked, over 50% of all sales made online are made on Amazon which is mind-blowing. That only means that if you sell on Amazon, a huge percentage of the US population is able to see your product.
2. Fulfilled by Amazon – You can give the products that you want to sell to Amazon and they will ship it to the customers for you.

Cons
1. Amazon competes against you – Amazon may compete against you when they see that your product is making a lot of sales which can happen when you do private label. They can sell the same product as yours through Amazon Basics.
2. Higher Fee – Amazon 15% vs. eBay 10%
3. They can kick you off anytime. – They can kick you off anytime if you break a rule but eBay can do the same thing so this is also a con for eBay.

eBay

Pros
1. Great for Used items and Collectibles – People don’t go to Amazon for used and collectible items.
2. Auction System
3. Low Fees – eBay’s fee is just 10% while Amazon’s fee is 15%

Cons
1. Trending down – The amount of traffic and sales they get is going downhill while Amazon is going uphill. If you really want to get invested in a platform, I personally would want to get invested into the one that is going uphill.
2. Least used platform – If you buy from (more…)