hey everyone this is stephan james from
projectlifemastery.com and today i'm
going to share with you how to make
money on amazon there's four different
ways for different methods then i want
to be sharing with you in this video as
ways for you to get started to make
money on Amazon and I will mention that
all four ways I'm going to share with
you in this video they all work okay you
can make money in all four different
ways however some of them work better
than others some of them are more
effective more beneficial have greater
potential than some of the others that
I'll share with you so at the end of
this video once I'm done sharing with
you the four different ways I'll share
with you guys what I believe are the
ones that have the greater potential
they're actually worth you pursuing
investing your time your money your
energy your effort into so that you can
build your own business that's making
you money creating passive income quit
your job live the laptop lifestyle or
whatever kind of lifestyle that you
truly desire okay now I'm going to go
into each of these methods but I don't
think I need to explain too much to you
the potential of Amazon Amazon is one of
the biggest companies out there they
have hundreds of millions of customers
on their platform on their website they
have so much trust in the marketplace
that are expanding globally all over the
world not just in the United States but
in India Brazil Australia Canada all
over Europe they're huge and as Amazon
grows and continues to grow it's going
to provide you know even more of an
opportunity for people like us to build
a business and make money from Amazon so
Amazon is a huge trend they're growing
massively and I believe it's one of the
best ways to get started to make money
online and kind of branch off from there
to build your own online brand and
business ok
now the first way of making money on
Amazon is known as FBA what does that
stand for FBA stands for fulfillment by
Amazon what does that mean well
basically what it means is selling
physical products on Amazon ok so Amazon
any of the platform's most of the
products there are physic
products and you too can sell products
on Amazon you can sell any product that
you desire any product that you want
however there are certain products of
course that will do better than others
so when it comes to selling physical
products and fulfillment by Amazon the
method of success with that is to do
what is called private labeling okay
meaning what you do is you find a
product in a certain category a certain
niche or market that has high demand
that you want to build your business
around that could be yoga that could be
outdoors camping kitchenware cooking
self-development there's tons of
different categories and niches out
there and what you would do is you do
research on Amazon identify what's
selling see what other products are
selling well and you can look at the
Amazon bestseller ranking of it because
every product has a BSR bestseller rank
that you can you you can learn to see
which ones are doing better than others
so that you know that if you were to
sell a similar product you can get
similar success and results you can
verify the competition there's a lot of
research that you can do I won't go into
in this video I've got other videos like
that but what you would do is then you
would find a supplier or manufacturer
that's already making that product that
you can manufacture and order inventory
and what you do is you put your own logo
or branding or packaging on that product
and then you sell it on Amazon under
your brand so a simple example of this
would be let's say yoga ok yoga mat you
could find suppliers let's say if you go
to Alibaba calm ok you can go there type
in yoga mat and you can find suppliers
from all over the world or in China or
different parts of Asia that are make
that can make yoga mats for you
inexpensively and then what you could
then do is put your packaging and
branding on that your supplier would do
that for you you order a certain amount
of units let's say 500 or a thousand
units of inventory you then ship it from
the manufacturer can let's say it's in
China you'd ship it to Amazon's
fulfillment centers so Amazon they have
fulfillment centers all over the world
they have warehouses that
store products for their sellers and
they handle all of the shipping and
logistics for you you've just got to
have the product send it to their
warehouse set up your Amazon listing
market promote your product and then
Amazon takes care of everything else so
this is a great opportunity because of
how much Amazon does the potential and
the market on Amazon is huge and massive
they handle the shipping they handle the
returns the refunds
they even handle a lot of the customer
support and then Amazon pays you right
so depending on how many units you sell
of that product Amazon would then pay
you direct deposit to your bank accounts
that money that you earn from Amazon so
this is the most common and popular way
of making money on Amazon I'm not going
to go too much deeper into this but I've
got tons of videos that walk you through
Amazon FBA if you want to learn a lot
more about it make sure you're
subscribed to my youtube channel you
turn on notifications for future videos
where I go deeper into Amazon FBA but I
will mention when it comes to this
business model this one that the biggest
Pro of this I'll go over the some of the
pros and cons the biggest pro of this
one is the potential the scalability of
it so usually at first you would
identify which marketplace you want to
sell because Amazon as you probably know
they have different marketplaces they
have amazon.com which is primarily
within the United States that's their
biggest marketplace okay then there's
Amazon co uk which is in the United
Kingdom there's Amazon Germany those two
are the next biggest ones
there's amazon.ca in Canada there's
Australia etc right so all of these
different platforms and marketplaces you
got to decide which one you want to sell
on because let's say you want to sell in
the United States that's the biggest
market the biggest potential there well
then you're gonna have to ship your
products your inventory from your
manufacturer to the United States to
Amazon's warehouses in the US and that
will then give you the ability to have
Amazon ship those products to customers
within the United States from amazon.com
however when your products and
inventories in the US through Amazon FBA
you can't sell it in Europe or globally
you're gonna have to then ship
and Tory to those other countries so
that's why it's important to make sure
that you pick one marketplace
you want to sell in have success there
and then branch off and go more
international go more global however you
do not have to start on amazon.com you
could start in the UK Germany Australia
Canada those are going to be smaller
markets a little bit less potential but
less competition but can also bring
greater opportunity for you because
because of that so that's one thing
you're gonna have to decide and
determine I will mention with this too
it does not matter where you live okay I
don't live in the United States and I
sell the United States you know if you
want it you know you can live in
Timbuktu and you could sell the United
United Kingdom if you want or in
Australia you can sell in Brazil you
could sell anywhere okay you're not
restricted based on where you live
because a lot of people ask that now
there are certain countries you know
that might not allow like when you set
up your cell Amazon seller central
account I'll link to that below for you
guys but the websites called seller
central amazon.com to set up an account
maybe your country is not listed there
are ways around this you can set up a
company in a different country you could
set up an address for your company in a
different country as well like you can
get a u.s. address for five dollars
through websites like reship calm you
can set up a world first or Payoneer
bank accounts an online bank account you
can receive money too there's many
different ways and strategies going
around that but I've never seen anyone
have that restriction as long as they're
creative and resourceful anybody can
sell in Amazon if they do some of the
things that I just mentioned but the
opportunity the potential the
scalability is huge the potential this
kind of business I've seen people that
are making six figures seven figures and
eight figures per year okay hundreds of
thousands of dollars millions or tens of
millions of dollars just by doing this
okay now the downside the con of it I'd
say would be that it costs money to
invest in inventory so there are some
startup costs with this and most
businesses of course there's some sort
of startup cost if you can't afford to
start a business then I don't know if
business is for you I'd probably
make some money and save some money in
your job and then take that and make
sure you're financially secure to start
a business because I see a lot of people
thinking they're gonna build a business
with no money and there are some
strategies but it's so much harder it's
gonna limit you in so so many ways and
that's why it's oftentimes easier to
first make some money in a job or be a
freelancer do other things to make some
money and then when you're financially
secure and invest in starting a business
a business is something that's not going
to provide for you right away that's
maybe another downside of this is that
you know to actually launch a physical
product on Amazon on average I'd say
maybe takes about three months right
because let's say you have you've done
some research you've picked a few
different products that you want to sell
through Amazon FBA and then you find
some suppliers you go to Alibaba you
find a few different yoga mats let's say
or whatever it might be and then you one
at first get samples so you're gonna
reach over to the suppliers and say hey
lo I'd love for you to send me some
samples so I can test it out and see the
quality of it before I decide to place
an order with you guys they'll send you
samples depending where you live you
know if you live in the United States
and they're shipping it from China that
can take some time for you to actually
receive it it might take you a few weeks
to receive the samples and check them
out and determine the quality of it
you've got to get your packaging your
logo design that can take some time as
well you know once you decide that you
want to order from this supplier
depending on their lead time their
turnaround time it can take a few weeks
or even a month and I know for me I've
sold supplements on Amazon and I
actually my suppliers in the United
States because certain consumable
products you want it source them from
the United States there's certain
regulations with supplements or
consumable products or beauty products
you have to be more aware aware of with
the FDA and everything - so with that
you know even in the United States they
take 30 days just for them to
manufacture the product so I have to
factor that in every time I need more
inventory
I place an order I'm gonna make sure 30
days if I have enough in stock that I'm
not going to run out so that's something
else to be aware of - but it does take
some time of course and then shipping
your product let's say from China to the
US you know it's faster of course if you
ship by plane by air
it's slower of course if you ship it by
boat by sea however you know the plane
is more expensive than shipping it from
boat so there's logistics involved in
this sort of business and it's more of a
complex business I'd say for beginners
okay if you're brand new that's why I
always always always recommend to make
sure that you have a good course a
training program that can guide you step
by step by step by step by step teaching
you this business on how to successfully
do it but once you've got a product up
and you're marketing it promoting it you
can have amazing success with it you can
launch your second product your third
product or you can go more international
or you can even go off of Amazon and
have your own e-commerce store from
Shopify or WooCommerce and you're not
totally dependent on Amazon because
there are Amazon is a great place to
start they have tons of customers you
can leverage that they do a lot for you
but long term you don't want to be
totally dependent on Amazon you want to
build your brand and business outside of
Amazon which is a whole other topic and
conversation so that's the first way
okay that's the most popular way the
second way that I'll share with you guys
is known as publishing okay publishing
books on Amazon now Amazon started off
as a book store an online bookstore
right if you guys remember back in the
day it was a place that you go to buy
books now they've pretty much kind of
wiped out a lot of the Barnes and Nobles
and you know local retail bookstores
because people have been buying books on
Amazon so publishing books is also a
great way that you can get you can make
money on Amazon and there's really three
different ways you can do it one way is
known as Kindle publishing now I'm sure
you've seen these before this is a
Kindle also known as an e-reader
I love these by the way I've gotten rid
I travel the world and live more of a
minimalistic kind of lifestyle so I've
gotten rid of all my paperback and
hardcover books as much as I love them
but I've got them all here on my Kindle
so on this device of course I can
download ebooks directly from Amazon I
can actually search you know this syncs
or Wi-Fi so I can search for certain
books download it and I literally have
hundreds of books on this device so it's
a lot lighter weight and it's more
practical and it's more the future of
where the world is going you know is
things being digitized and readers and
so this is on trend the potential of
Kindle of course is growing and growing
and growing a lot cheaper of course to
just download a book than actually
having a print one and manufacture it
and better for the environment as well
so big fan of these but Kindle is
basically an e-book that you would sell
on Amazon that people can download to
their Kindle e-readers they can download
it on one of these devices or from their
phone there's a Kindle app your iPad
your tablet whatever it is even your
computer as well so Kindle is great the
other way is is known as paperback or
hardcover okay those are the paperback
physical books that you're familiar with
and then the third way are audio books
so Amazon owns audible okay which
basically allows you to be able to
publish an audio version of a book that
people can download and listen to on
their phone or whatever it might be so
those are the three ways that you can
leverage publishing now the reason why
publishing is a great opportunity is
because there also is a great market of
course of books that are available that
you could publish and sell around many
different niches there's nonfiction
books there's fiction books non-fiction
books I love because you can write a
book or create one solving a specific
problem so for example let's say it
could be like a fitness book it could be
a recipe book it could be you know a
yoga book a meditation book a cooking
book it could be a variety different
nonfiction if you just need any ideas
for books that you can publish go to
your library go to a book store and
you're gonna see there's millions of
books there's and there's thousands of
different categories and niches that you
could publish books in and then those
also of course fiction fiction is more
the story the entertainment purposes
that people might be buying those books
and that could be great too and a lot of
people make a lot of money publishing
fiction books however on the back end
okay the back end in terms of once
someone buys your book the opportunity
after that I feel is a lot greater with
nonfiction books and I can explain that
in a bit now when it comes to these
books you might be thinking well Stefan
I'm not a writer I'm not a great writer
you don't need to be the reason why I
said not writing but publishing is that
your role and the way that you're gonna
make money from Amazon is as a publisher
meaning you do not have to write the
book yourself so for example look at the
biggest publishing companies out there
they're not writing books they're
publishing books because most of the
money is in the publishing and the
marketing of it so what they do is they
work with other writers or they hire
writers or ghost writers to write books
for them and then they publish it on
Amazon through the three different
platforms here and they make money from
it they market it they promote it so do
not think that you do not you have to
write yourself in fact what I teach I
actually have a course that goes into
how to make money through publishing on
Amazon what I teach is to hire writers
so you find the the niche the category
you do the research of course summation
is a high demand for the book you're
gonna publish then you hire a writer to
write the book for you and you can hire
writers inexpensively you can have them
do the research for you on that topic on
that book and you can then create a
great quality book and then you publish
it you own the rights to the book
certain you just pay them upfront a
certain amount of money you own the
rights you don't have to give them a
royalty or anything like that
you own the rights you get a publish it
you're gonna make the profits of it I
mean that's that's a very common thing
that happens in the book industry that a
lot of people are not even aware of you
know most of you guys know of course
Donald Trump one of his best-selling
books is called the art of the deal
which he did not even write himself you
know another person Schwartz and ended
up writing that book for him but he was
the ghostwriter in fact a lot of these
books that you see celebrities they come
out and they write a book and they
publish it and they market it guess what
they're not actually writing those books
and most of the cases they are being
interviewed or they have
writer that's writing the book for them
s known as a ghostwriter and then
they're publishing it under their name
and marketing and of course and that's
kind of how it's done so the great thing
about this way there is great potential
to make money from this it's very
inexpensive compared to FBA right FBA be
prepared I'd say around $2,000 to start
with okay and you know of course with
this one too because there's the
inventory you're gonna have to reinvest
some profits back into ordering more
inventory to sustain the business
whereas this type of business you pay up
front for the book it could be a couple
hundred dollars right and I usually
recommend people start off with a short
book a short read there's a whole
category on Amazon for known as short
reads and the reason for that is that it
allows you to test the market and make
sure your book is selling and then you
can go back to improve your book very
easily add more content to it invest
more into it so it's a much better book
but you're mitigating your risk that way
so that way you're not investing
thousands of dollars into a book or
spending like a year to write it like I
did and then have it not sell because
then you're out all that time and all
that money versus you start with a short
book very inexpensive to create still
valuable of course you'd sell it at a
cheaper price point like you could sell
it for 99 cents and the first goal is
not just to make money it's just to
prove it you know is it selling is there
a market can I get this selling for 99
cents because if no one's gonna buy it
for 99 cents no one's gonna buy it for
10 dollars so you prove the concept then
you're like great this is selling
there's a market here there's a demand
here I'm gonna improve my book make it
better I can turn into a hundred pages
200 pages 300 pages if I want and now
there's a lot less risk involved because
you've tested it first versus just going
out there and publishing this Longboat
there's different ways you can do it you
could write a book and spend a year
writing it if you want to either way
works can be successful but my point is
this can be a lot more inexpensive as a
lot faster too because once you have the
book file and the cover for the book
which you can get also made very
inexpensively like five to ten dollars
you can get a book cover made up for
your book that's all you need you
can go in and publish it and within 24
hours we'll be live on Amazon versus
with this model of course you've got to
wait for inventory to come in so that
takes a little bit longer so this is
faster this is a lot easier like it's a
simpler business it's not you know not
as many logistics involved with it
the downside I'd say with this one is
the potentials just not as great as this
one for example this one I mentioned you
know I know people sellers that are
making a million dollars ten million
dollars a year from their business this
one you know it's more I know a lot of a
lot of publishers are mostly making five
figures you know I you know people are
making ten thousand dollars a year
$30,000 a year fifty thousand you know I
dunno sellers that are in the six
figures if you want to scale it up to
that point so making over a hundred
thousand dollars a year which can be
great of course because that can allow
you to quit your job and have more
freedom in your life too but this one's
not gonna scale up as much as this one
to a multi-million dollar business
another benefit here is you can go more
international pretty easily because
there's no inventory this one your
limited based on where your inventory is
okay so you know the the the downsides
of it though again is just it's just not
going to grow as big and it can be a
little bit more challenging in a way to
differentiate with books right so you do
have to market and promote them a little
bit more but one great benefit I think
of either of these methods but also
especially this one a lot of people they
use a book actually not as a way to make
money from initially they actually use
it as what is known as a loss leader as
a way that they just break even or they
lose money on it because in a book you
can actually use that to pre-sell or
upsell something so let's say you have a
book but then you also have a course
like a video training program let's say
it's a fitness book and then you have a
fitness course you could publish the
book bring in leads that consume the
book and then the book and then later on
mention and promote your course on
fitness right so it could be a great
marketing tool as well in fact I like to
use books for that purpose you can still
make great money doing it and you can
sell your books you usually yet you know
if it's a Kindle book it's typically
from $0.99 to
ten dollars and then if it's a paperback
book because there's more expenses
involved with it you can sell it up to
twenty or thirty dollars so you know the
price point still low but you can still
great make a great income from that but
again the real money can be on the back
end
by creating other additional services or
products that it funnels into it could
even funnel into this guy's because
let's say you've got a book on yoga
right and you can funnel that into your
your yoga mat or your yoga towels or
your yoga blocks right and you could
even then use this let's say you've got
your yoga mat and your yoga towels and
your yoga brand you can throw in your
book as a freebie so now your audit
offering more value to the people that
are buying your yoga mat your yoga
products because you're differentiating
now and you're providing more right and
another thing you can do here is
affiliate marketing so you can use this
the people that buy and read your book
to funnel them into an email list and
then once they're on your email list
where they're following you on social
media or whatever it is now they're a
follower of yours now you can promote
other people's products as an affiliate
and you can earn a commission from that
okay you can earn a commission by
promoting someone else's yoga mat their
yoga course their fitness course or
whatever it might be right so you can
make more money on the back end if you
set it up that way so that's what's
great about this way now the third way
of making money on Amazon is known as
affiliate marketing
okay sorry mentioned that so Amazon has
its own affiliate program it's known as
Amazon Associates if you go to
amazon.com slash Associates it's an
affiliate program which you can join for
free and that gives you the ability to
actually promote or sell any product on
Amazon okay physical products or books
any product there and earn a commission
by doing so so if you go to Amazon
Associates and set up an account there
there might be some restrictions like
you know you got to have like a website
to show you're actually a legit
affiliate so you can set up a website
and blog pretty easily these days but
you can set that up but you know you do
have to get approved for it but once you
are set up in their program you can do a
search inside Amazon Associates for any
product ok let's say you want to promote
a Vitamix blender right you go and
search Vitamix and then it will give you
an affiliate link a link that you can
then use that you can promote it you can
market it and when people come and they
click on that link and they go and buy
that product that Vitamix blender you
earn a commission from that very cool so
you can make money by promoting other
people's products you don't have to
spend the months or take the risk in
this way and start the inventory you
don't have to you know write the book
and publish it and do that whole sort of
thing you can just promote other
people's products and this could be a
great way to test things inexpensively
but the thing with this so here's going
to mention around this the pros and
benefits are that you can promote any
product on Amazon ok and earn a
commission from it
Amazon has the trust and relationship
with people so sometimes people and they
buy things online not as much these days
but I remember back in the day you know
there are people are more hesitant to
buy things online they're skeptical
there's fear Amazon already has the
trust no-one's like afraid to buy
something on Amazon Amazon has the
credibility in the trust and the review
system they can see which products have
a lot of reviews and so the conversion
rate of products is pretty high usually
on Amazon the downsides though I'd say
of this is that you
get much of a commission so the
commission that they pay you because a
lot of products for physical products
the commission can be like you know 3%
5% so it can be pretty low and
especially if you're doing affiliate
marketing for books or some low ticket
products you're gonna you're not going
to make much doing it the way that this
method works is if you're doing an
affiliate marketing for high ticket
products so products that let's say are
a hundred dollars or more that's when it
can really add up I'd say wait way more
than that Ashley I say a thousand
dollars or more like a TV jewelry you
know camera equipment those are products
that you could be an affiliate for and
you can you know make $20 $50 $100
commissions from that one benefit though
of this I will mention two is a benefit
and another negative side a benefit
though when someone clicks that
affiliate link any product not just the
product that you link to okay any
product on Amazon that someone adds to
their shopping cart and purchases within
24 hours you actually make the
commission from all of those products so
as you know most people don't buy one
product on Amazon they fill up their
shopping cart with a few different
products and then they check out well
you can then make a commission on all of
those products great right so now you
can make more however the downside is
that it's only within 24 hours so other
affiliate programs like Amazon's
not like I don't like this about them
but most affiliate programs out there
when someone clicks on their affiliate
link there's a cookie that's placed on
their computer that tracks things
usually for 30 days in some cases up to
90 days meaning that if they click on
the affiliate link and they don't buy
the product right away they maybe buy it
you know two weeks later you still earn
the commission from that right which is
very cool not unless they clear their
cookies or something like that so that's
the benefit cuz not everyone buys things
right away
however with amazon's affiliate program
it's only within 24 hours so that's a
negative of it that i don't like but you
know it's still something you could do i
I do know people by the way that I'd say
the potential of this you know I know a
few people
making six figures doing this but it is
pretty rare I'd say you know like most
people are making a couple hundred
dollars a month or a couple thousand
dollars a month doing this but it's a
lot harder to scale up it's a lot more
challenging and I don't think it's the
best way of doing affiliate marketing so
those are some of the downsides of this
one now the last method I'll share with
you guys is known as retail arbitrage
retail arbitrage what this basically
means is that you're reselling products
on Amazon so for example let's say that
you go to the thrift store or let's the
easier example let's say you go to
Walmart and you go to Walmart and you
see that on all you know at Walmart
there is let's say it's a we'll just use
the yoga mat example let's say there's a
yoga mat at Walmart that's on sale right
and it's like 50% off let's say and
let's say you go and you get it for for
$20 well that same yoga mat you can
actually scan on your phone
okay Amazon - app and actually see you
know I wonder how much this exact yoga
mat is selling right now on Amazon and
you might say wow this yoga mats linked
for forty dollars in Amazon which means
that you can buy this product keep it
don't open it like keep it in the
packaging you can then ship it to
Amazon's fulfillment centers and you can
resell it on Amazon underneath that
products listing and if people buy it at
that price point let's say the $40 and
you paid $20 for it well you just made
$20 profit might be it's less than that
because the shipping costs and what not
but you made a profit from it so this
model the way it works is you're going
to thrift stores you're looking for
deals you're hustling around to find
that eBay etc you're seeing how much
it's selling on Amazon you're getting at
a cheaper price
you're then reselling it on Amazon
you're hijacking the Amazon listing
because each Amazon listing you go to
you can see there's many different
sellers right most most products there's
like more than one seller so you can be
one of those sellers that people can buy
from instead of the original
manufacturer
so you hijack that listing in a way and
then you can make a profit just
reselling products so that is another
way you can go about it this one is you
know it's more there's methods around
this where you can do okay doing this
but you're not going to make a
significant amount of money
this one is more trading your time for
money versus these other ways are more
passive scalable and you're leveraging
Amazon a lot more this one's a lot of
work but I do know people that they do
it they make a couple extra hundred
bucks a couple hundred bucks per month
or a couple thousand bucks I know some
people been able to quit their job doing
this but again it's not gonna turn into
like an actual legitimate business that
you know the you know these things here
you don't get much upfront by doing it
but by delaying the gratification is
setting it up it might take a few months
now you've got an automated stream of
income coming in right you you you know
it's more of a set and forget type model
even though I don't like that term it's
not really there's still things of
course you've got to do but it's more
leveraged and automated and scalable
okay so this one is more of a hustle
trading your time for money you know
you're not going to make millions of
dollars doing it you're not gonna make a
six-figure income doing it but it is a
way that you could make money from
Amazon now out of these different ways
these different ways the ones that I see
that have the greatest potential that
I'd actually consider doing and put your
time and energy into with the physical
products okay Amazon FBA and publishing
okay I think these two are the best I
would not really get involved in this
one not unless you already have a blog
you know you have an email list you know
and you're and you're linking to
products on Amazon might as well put in
your affiliate link right might as well
get some of that profit from Amazon so
Amazon's not forwarding all the money
you can make an extra income it's no
extra cost to the customer so it doesn't
affect them but I usually do this with
books because I linked I link to some
books and whatnot you know my blog or
you know camera equipment or some things
that I use is only available through
Amazon I'll link to that and I'll use an
Amazon affiliate link but I'm not I'm
not really doing that to make a lot of
money it's pretty insignificant but it
is something you can do to kind of calm
if you are linking things to Amazon
already and this one I wouldn't really
put much time into either you know I
just think there's you know the other
ways are just much more better and more
important to focus on so these are the
two ways that I would really focus on
now to really succeed at these ways it's
more than just putting up a product on
Amazon it's more than just publishing
putting up your product or publishing a
book because you know every product that
you put up you got to understand that
it's there on Amazon but it doesn't have
any credibility yet so Amazon is a
search engine
ok people go there they type in keywords
and they search for products but if your
product is brand new and you don't have
any reviews or any sales or any you know
traction yet with it your products
probably not going to show up when
people search for it so you know a lot
of people have a misconception I think
that I'm just gonna put up a product and
it's gonna sell on Amazon it's gonna do
all the work and they're gonna make me
all this money no that's not how it
works you do your research of course you
make sure there's a demand there that
people are searching for it there's
tools and stuff and I've got other
videos explaining you know how to do
research for it but you're gonna do your
research make sure there's a market
demand you might be aware of the
competition and whatnot because that
will affect how well you can rank that
product and everything but you've got to
put it up there then you've got to do
your job to market it to promote the
book to promote the product so that's
where you look in two different ways of
marketing so let's say for example
you've got your product your Amazon
listing
how can you market well you can leverage
Facebook you know Facebook you can
create pages and pages you can publish
content there that then can promote your
Amazon product you could even rent a
group a community of people around a
certain topic let's say an around with
yoga and you build a great community and
you you market it you attract people
that way you promote your product or you
can run ads right Facebook ads that can
funnel into your your product as well
right so you can leverage Facebook and
there's tons of strategies around that
you know you can leverage Instagram and
by the way guys one thing you can do
select you to
blogging right you could leverage search
engine optimization and write articles
but here's the cool thing guys you can
also you know you can leverage
influencers people that already have
their following on Instagram like let's
say you find some yoga experts you know
yoga fitness instructors on Instagram
they have fifty thousand a hundred
thousand followers well you could reach
out to them or on YouTube or their blog
like hey I've got this great product I'd
love to send it to you for free where
you promote it when you share it with
your audience or you can even pay them
as an ambassador of your brand right and
they can tap into their audience that
they've already built that trust and
relationship with to help promote your
product right so it's a great way that
you can leverage it you don't
necessarily have to create all the
content and create all that yourself you
can and I think you should but you can
leverage others the same way and the
exact same thing guys comes with having
a book right you've got to promote and
market your book you've got it either
you know Facebook or Instagram or
YouTube or whatever it is
I think blogging and SEO makes sense
because you're selling typically
something someone's reading and
consuming that way that if you can
create a blog and have great content and
again you could hire writers to do it
for you but if people enjoy your blog in
writing they're gonna be likely to buy
your book right because they enjoy your
content already here they're gonna want
more they'll be willing to pay more for
a book that you have but there's many
many different ways that you can mark
and promote but I want you guys to be
aware of that I want you guys to know
you've got a market promote no matter
what way that you're trying to make
money you know this way here of course
this is all about traffic which is the
focus to make money from is you've got
to attract people right track people to
you and then get them on your email list
or through your blog or content you have
your affiliate links and that's how you
make money from it so so these are just
really wet the way I look at these ways
there are ways to monetize to make money
however you still got to market and
promote and attract people to you and
that's where you have to learn the
marketing skills involved and if you
want to get started with these because
I'll wrap this up for you guys but I'll
share with you guys how you can get
started
for learning about physical products if
you enjoy my content and resonate with
my message I'd love to share with you
guys more I've done tons of trainings
and videos and interviews with other
inspiring successful Amazon sellers I'd
love to share those with you they're
free all you've got to do of a link in
the description but if you go to WWF /fb
a I have a free training there so you do
have to put in your name and email
address and then I'll send you over
several weeks the different trainings
and resources that I have here that can
then benefit you to learn more about
this business to get started with it
there's certain courses and trainings
and research tools that I can recommend
to you as well that's all that's all at
project life master comm /fb a link in
the description for you guys okay now
when it comes to publishing I actually
have a whole course that teaches this
it's called K money mastery and it's a
course that I've been selling since 2013
I've improved it and updated it made it
better and better the strategies or
evergreen and work to this day and like
I said it's it's creating the book doing
the research of course but creating the
book the cover and then publishing it
and marketing it on Amazon so if you
want to learn that go to WWE money
mastery com if you don't want to write
yourself I'll teach you in the course
how to find writers what to look for and
I even have a ghostwriter agreement that
you can send to the writer to make sure
that you own the rights to the book so
that you know you you you make sure that
you don't have to pay them a royalty or
any conflicts in that way so things like
that that I've already created that can
help you get started with that succeed
and make money doing it so those two
resources the FBA training program and
my K money mastery program I'll link to
that below are the best ways I think to
help you get started and what I'd also
do is well guys think about how you can
have them both working together right so
again decide on the niche and market
let's say it's yoga
okay great if you're gonna have yoga
mats have yoga books have them cross
promote one another if you're gonna do
you know
meditation books have a meditation block
that you could then sell okay if you're
gonna do you know some supplements maybe
have a fitness or diet nutrition program
both that you can also provide because
then you're adding the information
component to your business you can have
them both sell each other in your book
you promote your product and your
product you promote your book or you
give away your book for free for more
additional added value so that's how I
like to think and then look at doing
affiliate marketing on the back end
right so in your book or like on your
email list your blog etc all around the
same nation market so that's how I would
look at it and try to leverage that with
Amazon so that you're you're building a
Parthenon right you're not building a
one legged stool you have multiple
streams of income multiple pillars that
is more secure of a business that you
can actually trust you can quit your job
off of and pursue full-time so listen
guys hopefully this training has been
helpful for you and you guys now
understand the different ways you can
get started to make money on Amazon the
next step guys is to take action don't
be passive and just watch another
YouTube video and and not do anything
okay you've got the information let's do
something with it now okay let's take
action with it check out the different
resources that I have here but start
moving in the direction to building your
business and creating that freedom so
thank you guys so much if you enjoyed
this hit the thumbs up here on YouTube
and subscribe for more videos
turn on notifications and I look forward
to seeing you again soon take care
you
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