Gift biz unwrapped episode 191 Amazon is about Amazon,
Speaker:is about Amazon At Tinton,
Speaker:gifters, bakers,
Speaker:crafters, and makers.
Speaker:Pursuing your dream can be fun whether you have an established
Speaker:business or looking to start one now you are in the
Speaker:right place.
Speaker:This is give to biz unwrapped,
Speaker:helping you turn your skill into a flourishing business.
Speaker:Join us for an episode packed full of invaluable guidance,
Speaker:resources, and the support you need to grow your gift biz.
Speaker:Here is your host gift biz gal,
Speaker:Sue moon Heights.
Speaker:Hi there,
Speaker:it's Sue And thank you so much for joining me here
Speaker:today, particularly because it's holiday season and I know how busy
Speaker:we all are right now.
Speaker:So know that I recognize and really appreciate you taking the
Speaker:time to listen to the podcast.
Speaker:The holiday season is a great time of course,
Speaker:to capture all the sales that you possibly can,
Speaker:but also to get more visibility on your business.
Speaker:People are looking for gifts in places different from the usual
Speaker:paths that they take when they're making normal purchases throughout the
Speaker:year. So it's a great opportunity to show your products to
Speaker:people that you otherwise might not be able to get in
Speaker:front of.
Speaker:Towards that end,
Speaker:I want to make sure that you're aware of what we
Speaker:have going on over in my free and private Facebook group
Speaker:called gift biz breeze.
Speaker:There's a holiday product showcase happening for everybody who's part of
Speaker:that group where you can promote your product,
Speaker:the best sellers of the season or the products that you're
Speaker:the most proud of that you want everybody to say.
Speaker:I love this concept if I don't say so myself because
Speaker:it's a great opportunity for us to find ideas to fill
Speaker:our holiday lists so that we can be done and at
Speaker:the same time be supporting fellow makers.
Speaker:I'd love for you to join us over there because quite
Speaker:honestly, I still have a long list to complete and I'm
Speaker:pretty sure others do as well.
Speaker:If you're interested,
Speaker:just jump over to gift biz breeze.com
Speaker:and request to join.
Speaker:Of course,
Speaker:I'm going to let you in.
Speaker:Oh, do I have something wonderful in store for you?
Speaker:Today, we're going to talk about a company that we all
Speaker:know. Perhaps it's kind of a love hate relationship that we
Speaker:have with Amazon.
Speaker:We love it because we can get everything we need there
Speaker:pretty quickly and easily and maybe we hated a little bit
Speaker:because there's a tendency to pick up more than you intend
Speaker:when you go online,
Speaker:but today we're going to talk about Amazon from an entirely
Speaker:different angle.
Speaker:What about using Amazon for your business?
Speaker:Have you ever even thought about it?
Speaker:Could it play a role in your business?
Speaker:Amy's going to share with us a side of Amazon that
Speaker:you've probably never considered.
Speaker:She talks about the opportunities this platform and how it could
Speaker:potentially be a valuable component within your overall marketing strategy.
Speaker:I'm not going to keep you waiting any longer.
Speaker:Let's hear from the expert.
Speaker:It is my true pleasure to introduce you to Amy Fearman
Speaker:of mommy income.com
Speaker:Amy is a podcaster educator,
Speaker:an entrepreneur who has been selling online for almost 10 years.
Speaker:Well, she started on eBay.
Speaker:Most of that time was focused on Amazon.
Speaker:In 2014 she and a friend and colleague started teaching others
Speaker:how to sell on Amazon.
Speaker:This has become her area of expertise and now she co-hosts
Speaker:the Amazon files show that you can watch live every Monday
Speaker:night at 9:00 PM Eastern replays are available on YouTube or
Speaker:a podcast of the same name.
Speaker:Amy's goal is to help others start and grow their Amazon
Speaker:businesses so they can build lives.
Speaker:They love Amy.
Speaker:It is so great to have you here on the show.
Speaker:Welcome to the gift biz on wrapped podcast.
Speaker:I see.
Speaker:I am so excited to be here on this show.
Speaker:I am a product of two makers.
Speaker:Both of my parents are artists and so it's really cool
Speaker:to come and share this space with you and your audience
Speaker:as well So you completely get where we're all coming from.
Speaker:I completely get where you're coming from and I am a
Speaker:creative at heart so I totally get it.
Speaker:I want to share with our listeners that Amy and I
Speaker:are mastermind sisters.
Speaker:I met you just shy of a year ago actually cause
Speaker:we really met face to face in January.
Speaker:So little less than a year.
Speaker:I fell in love with you right away.
Speaker:You're so fun.
Speaker:You're so cute.
Speaker:You're so bubbly.
Speaker:And I love the topic of Amazon because it's not something
Speaker:I know very well.
Speaker:So I'm learning a ton from you as all of our
Speaker:listeners as well.
Speaker:So really excited.
Speaker:Once again,
Speaker:I know I've said it already,
Speaker:but really excited that you're on the show to have you
Speaker:share with us in a little bit of a different way.
Speaker:As we get started here,
Speaker:I'd like for you to create your very own motivational candle.
Speaker:So if you were to envision a candle that speaks just
Speaker:about what you're about,
Speaker:Amy, what color would your candle be and what would be
Speaker:the quote on the candle For the makers out there?
Speaker:I have a very distinct visual in my brain of a
Speaker:particular type of candle.
Speaker:I have no idea what it's called,
Speaker:but it's a multicolored candle,
Speaker:meaning it's when you peel off the layers of it,
Speaker:it has different colors on it.
Speaker:So I look at myself as multicolored,
Speaker:multifaceted, multiple layers,
Speaker:all sorts of different things going on at all times.
Speaker:That is the entrepreneurial brain of mine.
Speaker:So I have this candle that I've seen them and they're
Speaker:like, peel off the layers on the outside so you can
Speaker:see the inside colors.
Speaker:That's me.
Speaker:And on that candle for me is a quote that I
Speaker:go back to time and time again.
Speaker:Especially when I get into a negative mindset by Henry Ford.
Speaker:It's whether you,
Speaker:you can or think you can't,
Speaker:you're right.
Speaker:And that really helps me when I get stuck in those
Speaker:situations mentally to say,
Speaker:well if I'm going to be in that mindset,
Speaker:then of course I can't get anything accomplished.
Speaker:Of course I can't do that.
Speaker:Cause that's where my brain is.
Speaker:It's amazing the power of the mind and how much control
Speaker:it has over us.
Speaker:Yeah, for sure.
Speaker:And sometimes we just need somebody else or something else to
Speaker:help us shift that focus away from the negative and onto
Speaker:the positive.
Speaker:I mean,
Speaker:that's why being part of a mastermind with you and with
Speaker:others has been so beneficial for me because you guys helped
Speaker:me see what I'm going down that hole and help me
Speaker:turn back around.
Speaker:Well and vice versa.
Speaker:Right, exactly.
Speaker:I mean the power of community and having support,
Speaker:right? It's huge.
Speaker:Yeah. And I use scene because it can be so hard.
Speaker:You dwell on the negative and negative and then that's all
Speaker:you think and then that becomes your reality.
Speaker:Are you seeing that you're able to change it?
Speaker:Like just having that quote in your mind and consciously recognizing
Speaker:that you need to switch your thoughts.
Speaker:Are you able to do that?
Speaker:Yes. I'm not saying it's easy.
Speaker:It's still a struggle and I think it always will be.
Speaker:As an entrepreneur,
Speaker:there's always things and roadblocks in what feels like giant mountains
Speaker:that come up in front of you and it's so great
Speaker:to be able to look back on the other side and
Speaker:see like,
Speaker:well, I was able to do that.
Speaker:And whether you think you can,
Speaker:you think you can't,
Speaker:it just really solidifies that.
Speaker:Well, if I'm just going to sit here and wallow in
Speaker:my own misery,
Speaker:then I'm just going to stay here and be miserable.
Speaker:And is that how I want to live my life?
Speaker:Nope. I don't want to live there.
Speaker:And on my show,
Speaker:we always talk about not getting stuck in your own pity
Speaker:party. Like you can have a bad day.
Speaker:That's okay.
Speaker:Just don't set up camp there.
Speaker:And being able to make that shift and that adjustment say,
Speaker:okay, bad day that didn't go the way I want it
Speaker:to. What can I learn from it?
Speaker:How can I shift?
Speaker:How can I adjust so that that doesn't happen again?
Speaker:Or I can learn from what did happen.
Speaker:I love that.
Speaker:I heard someone say once if you need to wallow in
Speaker:your misery,
Speaker:set a stopwatch or put a timing on it,
Speaker:like you have the morning or you have an hour and
Speaker:then that's it done over and consciously shift.
Speaker:Yeah. I love that idea because sometimes we can just get
Speaker:sucked in and a timer or a set amount of time
Speaker:that you give yourself to be in that space.
Speaker:Okay. And even if you need to have somebody else be
Speaker:that trigger for you,
Speaker:if you have trouble pulling yourself out,
Speaker:ask for that accountability with somebody else.
Speaker:Say, Hey,
Speaker:I'm having a really tough moment right now.
Speaker:Can you check back with me in a couple hours and
Speaker:see if I'm still there?
Speaker:And being able to have that accountability really helps you work
Speaker:towards resolving yourself to get out of that.
Speaker:That's a great idea.
Speaker:Okay, so Amy,
Speaker:I'm really curious.
Speaker:I want you to share with everybody how you got started,
Speaker:but the thing I'm really interested in is your choice of
Speaker:Amazon over eBay because you were using both and then you
Speaker:definitely made a choice.
Speaker:You made a commitment all in on one team.
Speaker:I did.
Speaker:I did make a commitment and so I will take you
Speaker:back to the beginning because basically what happened,
Speaker:I got laid off 10 years ago when I was six
Speaker:months pregnant with my son.
Speaker:Oh, timing was great Timing great.
Speaker:It didn't feel great,
Speaker:but it was the perfect time for that to happen.
Speaker:I didn't have to make a decision as to whether or
Speaker:not to go back to work.
Speaker:So that laid the foundation for me to be able to
Speaker:do my own thing and I tried a lot of different
Speaker:things. I did extreme couponing,
Speaker:I did wedding invitation design.
Speaker:I give a lot of credit to anyone out here who
Speaker:does that for people because that was so not I'm a
Speaker:creative, but doing things for other people just wasn't my thing.
Speaker:I did blogging for awhile and I happened to be following
Speaker:a blogger who was buying things at yard sales and consignment
Speaker:sales and reselling them on eBay.
Speaker:I was like,
Speaker:I love to thrift,
Speaker:I love to yard sale now I can make money on
Speaker:doing it.
Speaker:Okay, I can try that.
Speaker:I'll go and see what I can do.
Speaker:So I would take $25 and go out and listed on
Speaker:eBay and see where it would take me.
Speaker:And over two years I really built up,
Speaker:I had 400 items on eBay.
Speaker:I was doing well.
Speaker:The problem was as my son got older,
Speaker:I still 90% toys on eBay.
Speaker:And guess what my young son wanted to do with all
Speaker:of my toys.
Speaker:Oh yeah.
Speaker:You would dive into your inventory all the time.
Speaker:I'm sure.
Speaker:All the time.
Speaker:So not only did he want to play with my inventory,
Speaker:I also was running out of space in my house because
Speaker:you had all fulfillment to do.
Speaker:I had all the fulfillment to do so it was,
Speaker:although things all of the place,
Speaker:and I had bins everywhere and my office was closing in,
Speaker:I'm like,
Speaker:I need to see what else is out there now.
Speaker:I'll be brutally honest with you guys.
Speaker:When I first heard about Amazon,
Speaker:I was like,
Speaker:there is no way that this Amazon thing is a sustainable
Speaker:business model.
Speaker:Yeah, that was me about six years ago.
Speaker:Why don't you thinking that way?
Speaker:Because I was watching people do retail arbitrage,
Speaker:which is going into stores,
Speaker:buying things at retail prices and reselling them on Amazon for
Speaker:a markup the market.
Speaker:And my mind was eventually going to get the better of
Speaker:that and that goes away now while retail arbitrage isn't what
Speaker:it was six or 10 years ago,
Speaker:it's still a viable business model.
Speaker:It's also not the business model that I currently do.
Speaker:And so over the years I've been able to see what
Speaker:other options are out there on Amazon,
Speaker:not just the one that I was initially brought into.
Speaker:So I initially took baby steps into it.
Speaker:I tried a little bit here,
Speaker:I pick new unboxings,
Speaker:I'd picked up thrifting or used books and send them into
Speaker:Amazon just to see what would happen.
Speaker:And I started making sales and doing it consistently and it
Speaker:was easier for me than eBay and having to try and
Speaker:pack 20 to 30 orders a day by myself.
Speaker:But you still had to send your products over to Amazon.
Speaker:I was doing fulfillment by Amazon,
Speaker:so I was sending them,
Speaker:but all I would have to do is instead of sending
Speaker:30 items individually to different addresses,
Speaker:I was sending 30 items to one location.
Speaker:Got it.
Speaker:Okay. It was a big switch for me and then I
Speaker:built it from there.
Speaker:Slowly over the first two years I went from 20% Amazon
Speaker:to 50% Amazon and then eBay started taking a back seat
Speaker:and then at one point I was like,
Speaker:I can't do both.
Speaker:So I cut the ties with eBay and have not turned
Speaker:back. In 2015 I switched from retail and online arbitrage to
Speaker:wholesale and from wholesale.
Speaker:I am now doing what are called wholesale bundles,
Speaker:so wholesale bundles are taking multiple items that are complimentary together,
Speaker:putting them in a set and selling them that way.
Speaker:You can think of that in the same way in the
Speaker:makers world as if you are doing note cards with envelopes
Speaker:and stickers to go on the back of the envelope for
Speaker:ceiling. That is a considered a bundle.
Speaker:That's kind of what I do.
Speaker:Yeah. So you're virtually creating a new product with multiple products?
Speaker:Correct. Okay.
Speaker:All right.
Speaker:And so apart from the shipping portion where you're just shipping
Speaker:all of your inventory over to Amazon for them to sell,
Speaker:was there any other reason why you chose Amazon versus eBay?
Speaker:Still back in the beginning stages.
Speaker:So one of the other components of all of this and
Speaker:making the switch was the EBA customer is very price conscious.
Speaker:They want the best deal.
Speaker:They can get like the cheapest price is what they're looking
Speaker:for and they're going to bid lower and you're not going
Speaker:to make as much because of the mindset of the buyers
Speaker:on eBay.
Speaker:Amazon on the other hand,
Speaker:the buyers are less price conscious and more time conscious.
Speaker:They have less time and are willing to spend more to
Speaker:get the product shipped to their door in two days or
Speaker:less. So you've got your Amazon prime customer,
Speaker:you've got customers on Amazon wanting it yesterday and are willing
Speaker:to pay that premium to get it delivered quickly.
Speaker:So it's a completely different mindset of your buyer,
Speaker:which means you can sell your items for more than you
Speaker:could on an eBay marketplace.
Speaker:Do you need a certain number of items to get started
Speaker:on Amazon?
Speaker:No. You can start with one item.
Speaker:Now there are two ways you can start an Amazon.
Speaker:You can start as an individual seller,
Speaker:which means every item you sell has a 99 cent additional
Speaker:fee above Amazon's general fees attached to it.
Speaker:Once you start selling 40 items or more a month,
Speaker:there's a 39 99 fee that you can update.
Speaker:You can go up to 39 99 a month and then
Speaker:you don't have to pay that extra 99 cents a month
Speaker:and you're basically anything after that.
Speaker:There's no additional fee of 99 cents above the Amazon other
Speaker:Amazon fees.
Speaker:Okay. I want to get into how someone would do this
Speaker:in a minute,
Speaker:but the reason I asked that is one of the strategies
Speaker:that I talk with people about,
Speaker:especially people who have physical stores or inventory that's not moving,
Speaker:but they're selling all either face to face at craft shows
Speaker:or out of a brick and mortar shop or something like
Speaker:that, that if you have onesies and twosies that aren't selling,
Speaker:throw them on eBay just to get rid of them.
Speaker:Instead of them taking up space on your sales floor,
Speaker:making your inventory look stale because they just stay.
Speaker:You know when a customer visits after visits,
Speaker:they see the same thing.
Speaker:Would that be something to use Amazon for instead of eBay?
Speaker:It depends on what the item is.
Speaker:The challenge with,
Speaker:well, the other platform you have to create a listing and
Speaker:you can do the same thing on eBay or on Amazon
Speaker:and it really depends on if that is something that is
Speaker:being searched for on Amazon for people to buy.
Speaker:And the easiest way to do that is to go to
Speaker:amazon.com into the search bar and type,
Speaker:don't type the entire title,
Speaker:but type the keywords that you'd believe people would search for
Speaker:to find that item.
Speaker:And if they're popping up in Amazon search.
Speaker:So if you see you type it in and things start
Speaker:populating below,
Speaker:those are things that people are searching for actively on Amazon
Speaker:related to those keywords.
Speaker:Got it.
Speaker:So that'll tell you is their search velocity on Amazon for
Speaker:this product.
Speaker:If you're not getting anything,
Speaker:it's not saying it's not there,
Speaker:it's just not as strong of a search as other things
Speaker:are. Okay.
Speaker:So if you think of the people who are listening to
Speaker:this show,
Speaker:most likely they already have another site.
Speaker:So they have their own website where they're selling or maybe
Speaker:some newbies who haven't put together their website yet are just
Speaker:selling right on Facebook,
Speaker:heaven forbid.
Speaker:And I say only heaven forbid,
Speaker:cause you certainly can't be running ads on your personal pages
Speaker:on Facebook.
Speaker:Hopefully it's a business page.
Speaker:The right.
Speaker:Correct. I love the fact that you have separated this so
Speaker:clearly for us E-bay price and Amazon time.
Speaker:So if they're selling on a separate site,
Speaker:let's just call it a website.
Speaker:Okay. Would there be a reason that one should go from
Speaker:one place to another?
Speaker:Not going from one place to the other,
Speaker:but my recommendation is always to diversify.
Speaker:In business it is better to have multiple different places to
Speaker:sell your product than just one because if for whatever reason,
Speaker:if you're selling on Etsy and Etsy goes away,
Speaker:or the craft show circuit that you're on happens to not
Speaker:be available or you are not available to travel to the
Speaker:craft shows anymore,
Speaker:having that other platform or multiple other platforms to sell on
Speaker:gives you the ability to continue to sell your product if
Speaker:this component disappears.
Speaker:Perfect. Yeah,
Speaker:and that's what we talk about a lot.
Speaker:Just you have to have your home base online to be
Speaker:at a website,
Speaker:which is preferable.
Speaker:Yeah. I mean,
Speaker:having a website for a maker of a product is essential
Speaker:because that's where you want to gear people to,
Speaker:but if you want to broaden your audience and broaden your
Speaker:audience to people that aren't necessarily looking for a niche site
Speaker:like yours,
Speaker:Amazon is a great place to be able to do that.
Speaker:And let me throw some facts and figures at you.
Speaker:I found this very interesting.
Speaker:So Amazon in 2017 had 300 million buyers who spent 178
Speaker:billion last year.
Speaker:If we compare that to Etsy,
Speaker:who has 35 million buyers and is 3.2
Speaker:5 billion in 2017 and then you can take it a
Speaker:step down to look at your own sales figures on your
Speaker:website and how many buyers you've had over the past 12
Speaker:months. Right?
Speaker:So built in visibility,
Speaker:hands down,
Speaker:correct. Built in visibility.
Speaker:The search on Amazon is amazing as long as you optimize
Speaker:your listing with keywords that people are actively searching for,
Speaker:then tapping into an audience of 300 million buyers or the,
Speaker:you start with one or two products and put them out
Speaker:there to see what happens,
Speaker:what's the worst that could happen.
Speaker:Nobody buys it and then you go,
Speaker:okay well that test wasn't lucrative and didn't turn out right.
Speaker:But if you do and it does turn out to be
Speaker:a benefit to you,
Speaker:you learn something new and you can have a new direction
Speaker:in your business.
Speaker:Absolutely. Or different angle,
Speaker:a different area where you're able to make money.
Speaker:Okay. So it's really good that I don't know a lot
Speaker:about Amazon cause I can ask you some very basic questions.
Speaker:Thinking about the platform,
Speaker:let's start with if someone was interested in testing,
Speaker:what would they need to do to get started?
Speaker:So these are just the very basic action steps that you
Speaker:would do to get onto Amazon.
Speaker:The very basic steps are you have to sign up for
Speaker:a seller account.
Speaker:Now if you have an Amazon account,
Speaker:which most of us do,
Speaker:you can sign up under that.
Speaker:You don't have to,
Speaker:you can have it be under your business name.
Speaker:You can have your buyer account and your seller account be
Speaker:two separate things.
Speaker:I will tell you the Amazon will not let you have
Speaker:more than one seller account,
Speaker:so you want to be thoughtful about that and how you
Speaker:go about doing that.
Speaker:You don't have to be as strict about the name you
Speaker:call it because you can constantly be changing it on Amazon.
Speaker:It's a whole nother murky area there,
Speaker:so that's the first step is to sign up for an
Speaker:account. If you're not sure of how much you're going to
Speaker:be using it,
Speaker:sign up as an individual.
Speaker:That just means you're not going to be selling it the
Speaker:volume as a pro account.
Speaker:Now there are certain things you get with a pro account
Speaker:that you don't get with an individual account,
Speaker:but if you're just testing the water,
Speaker:that really doesn't matter for you.
Speaker:Is a pro account,
Speaker:a seller account?
Speaker:Well, they're both seller accounts,
Speaker:but one is just less volume and one is higher.
Speaker:Volume. One is have quote unquote free.
Speaker:You don't have to pay anything upfront to have an individual
Speaker:account. You just pay Amazon fees.
Speaker:Once your product sells with a pro account,
Speaker:you're paying a fee up front to have that account and
Speaker:have the additional benefits and can you change,
Speaker:you know how on social media you can change a personal
Speaker:account to a business account.
Speaker:Can you do that here too?
Speaker:Or let's say someone starts as an individual seller account and
Speaker:then they decide they want to go to a pro account.
Speaker:Can they just flip it or do they really start from
Speaker:scratch again?
Speaker:No, they can just flip it.
Speaker:Okay. And you can actually,
Speaker:if you decide to,
Speaker:you can flip back again as well.
Speaker:If you decide that after a while this is not what
Speaker:you want to be doing,
Speaker:you can flip back to the individual setting and stop paying
Speaker:those fees.
Speaker:Okay. Is there any advantage or disadvantage to using your business
Speaker:name? To be honest,
Speaker:you can use your business name,
Speaker:you can use a DBA when you sign up for an
Speaker:account. That's not what the Amazon customer sees.
Speaker:They're going to see your screen name and that can be
Speaker:your business name or that can be another name.
Speaker:Unlike on eBay or on Etsy.
Speaker:Your quote unquote door name is basically irrelevant on Amazon because
Speaker:if you think you can't actually go to a store page
Speaker:on Amazon and look at my store,
Speaker:you can get there,
Speaker:but you can't unless you know the URL of my store.
Speaker:You can't go there directly.
Speaker:Like you couldn't type in my store name and find the
Speaker:products I sell,
Speaker:which is the way Amazon's built.
Speaker:They do that to minimize competition and yanking things from other
Speaker:people, I guess.
Speaker:And that makes sense cause you're searching by actual product.
Speaker:Correct. If you're looking on Etsy or eBay,
Speaker:if somebody sells a particular type of product,
Speaker:you want to go to their store over and over again,
Speaker:or you want to go back and look at what new
Speaker:stuff they have that's not as relevant on Amazon just because
Speaker:of the way Amazon is built.
Speaker:Amazon people don't go and look into categories.
Speaker:They go to the search field and they type in,
Speaker:I want a mother of Pearl pin lapel pin or whatever,
Speaker:and that's what they're going to see.
Speaker:They're not going to go to every individual store that you
Speaker:know and look for those stores.
Speaker:Got it.
Speaker:That's important to know for your strategy of how Amazon integrates
Speaker:into what you're doing overall.
Speaker:Correct and well,
Speaker:I don't know that we want to go down this rabbit
Speaker:hole, but I do want to bring up the topic.
Speaker:I've had people approaching me at trade shows.
Speaker:I mean,
Speaker:people are hounding me from Amazon to get on and I'm
Speaker:resisting for a number of reasons,
Speaker:but the biggest reason is you don't get to know who
Speaker:your customer is.
Speaker:Correct. You do not own your customers on Amazon.
Speaker:Amazon 100% owns your customers.
Speaker:So if you have somebody buy a product from you,
Speaker:the name,
Speaker:the email address,
Speaker:the phone number while you have,
Speaker:we don't have access to their email address while you have
Speaker:access to that information,
Speaker:you can not use it for promotional purposes.
Speaker:That's against Amazon terms of service.
Speaker:So in a maker community where you are very close to
Speaker:your customer and you send out coupons and you communicate with
Speaker:them regularly,
Speaker:it's a very different space on Amazon.
Speaker:So I'm thinking a workaround could be let's say someone who
Speaker:is selling something that they make so they're packaging it.
Speaker:I would then think that a good way to handle this
Speaker:would be to put something else inside the packaging when it's
Speaker:already sealed up.
Speaker:That gives that customer some opportunity to get back to you.
Speaker:Maybe like an opt in or something that we could be
Speaker:valuable where you could then make it connection directly,
Speaker:but the customer has to initiate that action.
Speaker:Correct. And you do have to be careful with how exactly
Speaker:you go about doing that in your packaging because there are
Speaker:things that you are allowed to do and things that you
Speaker:aren't, that's all written out in Amazon's terms of service.
Speaker:You definitely can have your URL for them to go to.
Speaker:You have to put it in specific places and be careful
Speaker:about how you go about it.
Speaker:Amazon is very protective of its customer base.
Speaker:The man doesn't want you spamming or whatnot.
Speaker:So they just are very conscious of how you are able
Speaker:to communicate.
Speaker:So it's a different playing field.
Speaker:Amazon is about,
Speaker:Amazon is about Amazon,
Speaker:and so if you're selling on Amazon,
Speaker:you have to be conscious of what their rules are.
Speaker:Don't want to scare people away from Amazon.
Speaker:I make them sound like this big scary thing and it's
Speaker:not, but you just have to be conscious of what they
Speaker:expect from you as a seller on the platform.
Speaker:Very interesting.
Speaker:So I'm kind of thinking,
Speaker:and again,
Speaker:Amy, I am so in the dark about all of this,
Speaker:but that's good because of the questions I ask.
Speaker:I guess I'm thinking if this was me and I was
Speaker:looking at putting a product on Amazon,
Speaker:strategically, what I would be thinking within my business is this
Speaker:is a revenue generator.
Speaker:I'm not going to necessarily ever be in contact with these
Speaker:customers again,
Speaker:although I might,
Speaker:because if they really like the product they might go back
Speaker:to Amazon and search the same thing and find me again
Speaker:and buy again.
Speaker:But it's really a revenue generator versus a customer nurturing potential,
Speaker:I guess in terms of the strategies of your business,
Speaker:is that correct?
Speaker:Thinking That is 100% correct thinking it is definitely a revenue
Speaker:generator and it's one of those things where you can test
Speaker:it out and see what happens.
Speaker:And while we like to have that communication with our buyers,
Speaker:right, and honestly I remember making that switch from eBay to
Speaker:Amazon and having that be one of those things that I
Speaker:didn't like as much.
Speaker:I've obviously gotten over that now cause now I sell a
Speaker:hundred percent of Amazon,
Speaker:but I did all of the packaging.
Speaker:I did all of the how everything looked when I sent
Speaker:it to eBay.
Speaker:When I sent my eBay sales out.
Speaker:It was different with Amazon.
Speaker:No, you do have the ability to package everything the way
Speaker:you want it packaged.
Speaker:Depends on how you sell.
Speaker:On Amazon there's two options.
Speaker:You can sell merchant fulfilled just like eBay or Etsy.
Speaker:You ship those products out so you still have control over
Speaker:that or you can do fulfillment by Amazon where you send
Speaker:your product to the warehouse and then they will ship it.
Speaker:Once it sells.
Speaker:They're both options.
Speaker:There's different fee structures for each.
Speaker:You do the second I do the second.
Speaker:Yeah. So question here in terms of masking customer information,
Speaker:if you are going to do the fulfillment yourself,
Speaker:how do you have information to send to that customer?
Speaker:You have all the information you need,
Speaker:you have access to all of that information but you are
Speaker:not allowed to use that for promotional purposes.
Speaker:And what happens if someone didn't know that and by accident
Speaker:did, If they did,
Speaker:Amazon will slap you.
Speaker:Amazon tends to remove rights and ask questions later.
Speaker:They are not a democracy,
Speaker:honestly. They will take away your ability to sell and then
Speaker:you have to prove that what you did or tell them
Speaker:what you were going to do to get your rights back.
Speaker:So understanding the platform and what the rules are is essential.
Speaker:So one of the things that we encourage our students to
Speaker:do before they start selling on Amazon is read through the
Speaker:terms of service.
Speaker:Read through the guidelines,
Speaker:ask questions if you don't understand,
Speaker:because we don't want anyone to be put in the situation
Speaker:where they said,
Speaker:well, I just didn't know.
Speaker:I just didn't know.
Speaker:It doesn't fly with Amazon.
Speaker:As a responsible business owner,
Speaker:you have to know,
Speaker:you have to know the rules of the platforms that you're
Speaker:using. Correct.
Speaker:Okay, so read the rules and know.
Speaker:Okay. Couple of other questions for you.
Speaker:Amazon prime.
Speaker:Does that affect,
Speaker:I mean I know that from the buyer's standpoint,
Speaker:your classification of what kind of an account you are as
Speaker:a buyer,
Speaker:does that affect sellers in any way?
Speaker:Yes. So we all know Amazon prime.
Speaker:You pay a fee for the year and you get your
Speaker:product shipped to you in two days or less,
Speaker:or you get other special discounts.
Speaker:So that being what our buyer wants,
Speaker:they want it shipped yesterday.
Speaker:They're going to either upgrade to have it shipped same day,
Speaker:next day or in two days.
Speaker:The nice part is if you participate in the fulfillment by
Speaker:Amazon program and you send your products to Amazon to be
Speaker:fulfilled, then you get to participate in that program as a
Speaker:seller. So my products sitting at the Amazon warehouse,
Speaker:if somebody buys that today,
Speaker:they get prime.
Speaker:So they will get it in two days And with no
Speaker:additional cost you with no additional Cost to me.
Speaker:Beautiful. Okay,
Speaker:so this gets into reporting.
Speaker:How do you know what's sold?
Speaker:If they're doing fulfillment,
Speaker:there is a dashboard you can go in and look at
Speaker:everything that has sold.
Speaker:You can see how frequently itself,
Speaker:if you are an individual buyer,
Speaker:this is one of the difference between individual and pro.
Speaker:You don't have access to all of the reports.
Speaker:You will be able to see what you sold.
Speaker:You will not be able to see a lot of the
Speaker:more detailed analytics of all of that,
Speaker:but you will know what you sold on what day and
Speaker:in what quantity.
Speaker:Okay, but you have no additional information to understand who those
Speaker:buyers were to try and attract some more of the same.
Speaker:That's all blind.
Speaker:The reality is on Amazon,
Speaker:you want to understand what keywords they're searching for.
Speaker:It's less about understanding them as a whole.
Speaker:I mean I guess you are understanding them as a whole,
Speaker:but you really need to understand how they're searching for your
Speaker:product and that's all about keywords and what they're typing in
Speaker:and what is making Amazon's algorithms say,
Speaker:Oh, these keywords that they're searching for relate to this product
Speaker:and they'll put that product up on page one of the
Speaker:search. We're going to hear all about keywords as they apply
Speaker:to Amazon.
Speaker:Right after a word from our sponsor.
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Speaker:for more information.
Speaker:Are there any resources or places people can go?
Speaker:I know with Instagram everyone has a heart attack about hashtags
Speaker:and I think I apply the same thing to keywords too.
Speaker:Is there anywhere someone can go like are there little Amazon
Speaker:trainings or something right on line,
Speaker:they're on Amazon where someone could go to understand how to
Speaker:do keywords.
Speaker:Is it keywords by product?
Speaker:I'm assuming it's keywords by product.
Speaker:This basically optimizing a listing,
Speaker:basically putting the keywords in without keyword spamming so that when
Speaker:Amazon's algorithm scans your listing,
Speaker:they are able to see which keywords and partner them up.
Speaker:It's a very complex algorithm and nobody really knows how it
Speaker:works. There are guesstimates on how it works,
Speaker:but what I do to find keywords for Amazon,
Speaker:there's actually three ways that I go about it for my
Speaker:particular product line.
Speaker:One is I go to Amazon,
Speaker:go to the search bar and look at what's being searched
Speaker:based on the keyword or phrase that I enter in and
Speaker:see what other things.
Speaker:So let's look at flash drive.
Speaker:If I type flash drive in,
Speaker:it can populate flash type 16 gigs,
Speaker:flash drive,
Speaker:red flash-drive,
Speaker:stainless steel,
Speaker:whatever those other search terms that are being searched for that
Speaker:particular phrase pop up.
Speaker:That's one place I'll collect it.
Speaker:I also use a keyword search provider called merchantwords.com
Speaker:absolutely love them.
Speaker:They show you the 30 day trend for a search term,
Speaker:so if it's being searched it'll show you an estimated volume
Speaker:of traffic for that particular search on Amazon.
Speaker:That's one of the biggest ones I use.
Speaker:I also like to use Pinterest because as a search engine
Speaker:in the creative space can see a lot of keywords that
Speaker:work with the niche that I'm in to be able to
Speaker:see what other people are talking about and using when explaining
Speaker:that particular thing.
Speaker:Okay, so keywords are completely completely,
Speaker:I mean that's the driver.
Speaker:Yes. If you don't have it,
Speaker:put it this way,
Speaker:if you are not keyword optimizing your listing on Amazon,
Speaker:it's not going to be found by your buyers.
Speaker:So one of the examples we always give is what is
Speaker:the bag that women carry with them?
Speaker:What is it called?
Speaker:It's called a purse.
Speaker:It's called a pocket Berg.
Speaker:It's called a tote.
Speaker:It's called a satchel,
Speaker:it's called et cetera,
Speaker:et cetera,
Speaker:et cetera.
Speaker:It's got like 40 names.
Speaker:If you are selling a purse and you just call it
Speaker:a purse in your listing,
Speaker:but this woman who's searching types in pocket book,
Speaker:your listing isn't going to show up for pocketbook because that
Speaker:keyword is not in there.
Speaker:In the business realm,
Speaker:we talk about the value of niching down,
Speaker:right?
Does that fly on Amazon?
Speaker:I'm almost thinking that you want to be broader to show
Speaker:up more in search versus narrowing down because you might not
Speaker:show up in some of those other searches.
Speaker:I disagree.
Speaker:Okay, so here's why.
Speaker:So I'm niched down pretty significantly in my space and by
Speaker:niching down,
Speaker:you can focus on the segment of the audience.
Speaker:It's actually going to be looking for in buying your product.
Speaker:If you go too broad and people end up on your
Speaker:page, but don't buy that actually negatively impacts your search in
Speaker:Amazon's algorithm.
Speaker:Plus, if you're too broad,
Speaker:you might be on page 10 of the search versus one.
Speaker:Exactly, and your goal is to really find what people are
Speaker:searching for.
Speaker:I will have bundles that I will list on Amazon that
Speaker:just don't move.
Speaker:I'm like,
Speaker:I can't figure out why.
Speaker:I'll have one of my colleagues look at and be like,
Speaker:you forgot this keyword or this keyword or have you tried
Speaker:these keywords and I'll twist something out,
Speaker:change it up and see by adding a keyword that I
Speaker:hadn't thought of.
Speaker:All of a sudden a product can start moving,
Speaker:so it's really understanding what is being searched.
Speaker:I mean this is not just Amazon,
Speaker:this is Google,
Speaker:this is your own Shopify store.
Speaker:Whatever. Having those keywords that people are actually searching for is
Speaker:what's going to bring them to your product and are there
Speaker:a certain number of keywords you're allowed per product.
Speaker:So that gets complicated.
Speaker:Yes and no.
Speaker:There are not a certain number of keywords.
Speaker:You have a number of different sections within a listing.
Speaker:You have your title,
Speaker:you have five bullet points,
Speaker:you have a description,
Speaker:and then you have backend search terms for like the keywords
Speaker:that don't really fit into your description,
Speaker:but you don't want to write a pocket book purse tote
Speaker:that at all into your keywords.
Speaker:So there's no separate line that says keywords.
Speaker:You know how like on a blog article it says keywords
Speaker:or tags.
Speaker:There's nothing like that.
Speaker:It's all just in the description.
Speaker:It's in the description.
Speaker:There is the search term section in the backend,
Speaker:but you only have 250 characters in the backend.
Speaker:So your goal is to really make sure that the keywords
Speaker:you're doing are in your title,
Speaker:your bullet points,
Speaker:and your description.
Speaker:Got it.
Speaker:Okay, perfect.
Speaker:So Amy,
Speaker:you teach all Of this,
Speaker:but you specialize in bundles.
Speaker:I do.
Speaker:On Amazon files,
Speaker:you talk about overall Amazon selling,
Speaker:correct? Correct.
Speaker:We talk about getting started on Amazon all the way through
Speaker:advanced models on Amazon as well.
Speaker:Okay, so anyone who's listening,
Speaker:who wants to know more about all of this,
Speaker:the Amazon file show is absolutely where you want to go.
Speaker:What are the biggest challenges you're seeing from people who either
Speaker:are responding to Amazon files?
Speaker:So you're figuring out what topics you want to talk about
Speaker:or when they're coming to your classes and they're just challenged
Speaker:overall, what are you finding are the biggest issues?
Speaker:Um, the biggest issue that we find often is there is
Speaker:so much information out there on Amazon about what to do,
Speaker:what not to do,
Speaker:et cetera,
Speaker:et cetera.
Speaker:They're an information overload usually.
Speaker:And so what we do is we try and make it
Speaker:as simple as possible to say,
Speaker:here are the steps that you need to take to get
Speaker:started. Here are your first five things,
Speaker:or they're seeing what people are accomplishing.
Speaker:They're looking at us and seeing what we've built up over
Speaker:the past 10 years.
Speaker:I want to be where we are today and we helped
Speaker:bring them back to don't look at my chapter 25 when
Speaker:you're on chapter one,
Speaker:work on where you are today and what you want to
Speaker:accomplish. Look at your last month,
Speaker:last six months,
Speaker:and build from that.
Speaker:Yes, it's nice to have a goal in the future,
Speaker:but really be able to focus on where you are right
Speaker:now in the moment and take those baby steps one step
Speaker:in front of the other to get you towards that end
Speaker:goal. Beautiful.
Speaker:Okay, and the first thing we've already talked about is you
Speaker:open your account,
Speaker:you know,
Speaker:whether you're an individual seller or a pro.
Speaker:Is there any other direction?
Speaker:Just on the setup,
Speaker:we kind of got off that topic and I want to
Speaker:make sure people leave at least knowing how to take the
Speaker:first actions right away.
Speaker:We always encourage people,
Speaker:and this is business in general,
Speaker:not just on Amazon,
Speaker:making sure that when you are doing this,
Speaker:whether you are a hobby still or you and you're starting
Speaker:to look towards moving into a business,
Speaker:is separating out and having that separate bank account.
Speaker:Making sure that you have a business set up,
Speaker:that you're building this around,
Speaker:whether that is a sole proprietor or an LLC or whatever
Speaker:your CPA recommends for you in the business that you're deciding
Speaker:to grow,
Speaker:but making sure that you have a business foundation.
Speaker:Because trust me,
Speaker:when you have built this and whatever business you have starts
Speaker:to take off and you don't have that foundation,
Speaker:it's a little more of a struggle to go back and
Speaker:get it all in place.
Speaker:You want to have that so you're solid to start and
Speaker:then go from there.
Speaker:Amen, Amy.
Speaker:That's what I talk about in maker's MBA.
Speaker:We're on the same page and that's a good thing And
Speaker:those are just really basic business building,
Speaker:like laying the foundation,
Speaker:making sugar stable,
Speaker:so I love that you bring it up because I don't
Speaker:want people to think that you know,
Speaker:just Amazon,
Speaker:Oh, I'll just throw some stuff up on the fly and
Speaker:money is going to come in and everything is going to
Speaker:be groovy.
Speaker:I'll keep doing that over and over again.
Speaker:Okay. This is not a get rich quick scheme.
Speaker:They don't exist.
Speaker:We have people coming in wanting to say,
Speaker:I want to spend $500 and in three months I want
Speaker:to make 5,000
Speaker:the reality is it's a slow roll.
Speaker:Yes, there are people out there who've gone to a millions
Speaker:dollars in sales in a year.
Speaker:Is it possible?
Speaker:Yes. Is it the norm?
Speaker:No small steps,
Speaker:incremental steps,
Speaker:calculated steps moving forward.
Speaker:It's not about throwing a product up.
Speaker:It's about taking calculated risks,
Speaker:doing the research to see that it makes sense for your
Speaker:business where you are at right now,
Speaker:and it may be that you find out after putting a
Speaker:product on that it isn't where you need to be right
Speaker:now and you need to focus on product development so that
Speaker:it can fit for this market.
Speaker:It's part of the research.
Speaker:We are all about research.
Speaker:Don't do something without having a reason behind why you're doing
Speaker:it. Take the step because you've done the research to say,
Speaker:this is why I'm taking that step or that it's a
Speaker:sell on Amazon or whether that's to build out this new
Speaker:product. If you don't have a reason,
Speaker:then you don't have a goal and therefore you have nothing
Speaker:to build on or understand.
Speaker:Beautiful, perfect.
Speaker:100% agree with you on that.
Speaker:Okay. This is just a random question that I thought of,
Speaker:so I'm just going to put it in here.
Speaker:What happens if you have a product that you've sent over
Speaker:to Amazon,
Speaker:it's just not selling.
Speaker:Do you ever take it back or just let it sit
Speaker:there for eternity or what do you do about that?
Speaker:Oh, Sue,
Speaker:if you saw my office right now,
Speaker:well, I've seen your office,
Speaker:Amy. The reality is yes,
Speaker:you can pull it back.
Speaker:You can not.
Speaker:You have two options on Amazon.
Speaker:You can pull it back for 50 cents an item or
Speaker:to have them dispose of it for 10 cents an item.
Speaker:I often pull stuff back,
Speaker:especially because I do bundles.
Speaker:If a bundle didn't work,
Speaker:80 20 rule guys,
Speaker:80% of your bundles or products are likely to not work
Speaker:the way you expected them to,
Speaker:20% you're going to stick with,
Speaker:so what I do with the 80% that don't work the
Speaker:way I wanted them to,
Speaker:I'll pull them back,
Speaker:I'll repackage,
Speaker:I'll rebundle them with something else.
Speaker:I'll look at things differently and adjust from there.
Speaker:So yes,
Speaker:you have the ability to bring stuff back.
Speaker:And this is a great segue,
Speaker:talk a little bit more about bundles because we do have
Speaker:a section of our audience who is just getting started,
Speaker:so they're not quite sure exactly what they're going to do
Speaker:yet. A lot of our makers do so many different things.
Speaker:You know,
Speaker:they're makers,
Speaker:they're knitting and they do embroidery.
Speaker:You like all these things and they're trying to narrow in
Speaker:on what they're doing.
Speaker:So for the person who's just starting out,
Speaker:just kind of thinking about,
Speaker:well, I'm going to start my own business,
Speaker:but I'm not sure what it is.
Speaker:This bundling thing sounds interesting.
Speaker:Expand on that a little bit just for people to understand
Speaker:what you're up to with this.
Speaker:Okay, so bundling is basically thinking about your buyer and what
Speaker:problem that you're trying to solve a problem for them.
Speaker:So I'm going to go out of a non,
Speaker:let's think you are learning how to knit.
Speaker:Okay, what are the things that you would need to learn
Speaker:how to knit?
Speaker:You need needles,
Speaker:you need yarn,
Speaker:what are the other parts and pieces that you need to
Speaker:learn how to do that and you can put together a
Speaker:bundle of learning how to knit.
Speaker:That's a bundle.
Speaker:That's things that they need.
Speaker:They're complimentary to each other.
Speaker:That gives them what they need to be able to learn
Speaker:how to do a skill,
Speaker:which makes that more valuable than if they went out and
Speaker:bought needles themselves and everything else itself.
Speaker:Correct. As the seller on that,
Speaker:you can not only combine those products,
Speaker:you can also provide them with a,
Speaker:here's how to start knitting ebook,
Speaker:info card,
Speaker:whatever it is that allows them to have that more connection
Speaker:with you and that's,
Speaker:this is my bundle.
Speaker:This is how I teach.
Speaker:Here's the information so that they can learn how to do
Speaker:it as well.
Speaker:It endears them to you because they learned a skill through
Speaker:something they purchased from you.
Speaker:I think you're also separating yourself,
Speaker:although I don't know,
Speaker:you'll have to give me your comments on this,
Speaker:Amy, if it matters as much on Amazon given all that
Speaker:we've just learned now,
Speaker:but I think you're separating yourself if you're the one who
Speaker:provides bundles on those types of projects versus other people who
Speaker:don't. Correct.
Speaker:You can do that.
Speaker:There's also,
Speaker:if you do crochet,
Speaker:I was actually looking in the homemade store earlier today and
Speaker:I was looking at crocheted Thanksgiving decor,
Speaker:and if you have this crocheted pumpkin's,
Speaker:crocheted cornucopia,
Speaker:and something else,
Speaker:I don't know that you could put together as a bundle
Speaker:of these are three different products that I can sell individually
Speaker:or I can put them together for somebody to use a
Speaker:centerpiece of their Thanksgiving table,
Speaker:and so looking at it from a different perspective,
Speaker:there's a problem I'm solving.
Speaker:They're looking for a table centerpiece for Thanksgiving,
Speaker:and here's an option that I provide for them that has
Speaker:all the pieces that they would need to make this happen.
Speaker:Perfect. And you've brought up a topic that I'm glad I
Speaker:would have skimmed over this by accident.
Speaker:Talk a little bit more about the homemade section of Amazon.
Speaker:Oh, there's two great sections that I think are really great
Speaker:for makers.
Speaker:So amazon.com/handmade
Speaker:will take you to the handmade market where you can look
Speaker:at all the other makers out there that have their wares
Speaker:on Amazon,
Speaker:and it's anything from homemade journals to candles to anything.
Speaker:The market is growing by the day and it's Amazon trying
Speaker:to have it take of what Etsy is doing and what
Speaker:other marketplaces are doing,
Speaker:but it opens your homemade items up to a much broader
Speaker:audience. Now,
Speaker:the handmade marketplace,
Speaker:isn't it?
Speaker:You have to app apply to be part of it.
Speaker:I have not gone through the process.
Speaker:That is not,
Speaker:I mean,
Speaker:I am a creator,
Speaker:but I am not at that level.
Speaker:So if you go to amazon.com/handmade
Speaker:you can actually look at that and then you can apply
Speaker:to be part of it as well and it's just going
Speaker:and looking at what their requirements are to be handmade.
Speaker:I have a number of students that actually sell on handmade
Speaker:successfully, so it's a very interesting space.
Speaker:Amazon's only been doing it for about two years,
Speaker:so it is very much ground floor on Amazon and that.
Speaker:I've actually found that ground floor is a great place to
Speaker:be because you get to grow with the platform then for
Speaker:sure. Is it still searchable in Amazon overall or do buyers
Speaker:have to go into handmade specifically?
Speaker:You can search it in Amazon overall,
Speaker:it depends on what your keywords are and how they show
Speaker:up in search.
Speaker:If people are looking directly for something that's handmade,
Speaker:they can go to the handmade store,
Speaker:but you can get the search overall.
Speaker:The other part of Amazon that I want to bring up
Speaker:to makers is you also have Amazon custom,
Speaker:so you can customize any number of things,
Speaker:whether you're customizing a scarf with somebody's name on it,
Speaker:you're customizing some kind of embroidery,
Speaker:you're a tee shirt,
Speaker:whatever is,
Speaker:you have the ability to sell Amazon custom or they just
Speaker:like on Etsy,
Speaker:here's what I want for this.
Speaker:And then you can send that to them customized.
Speaker:So that's obviously you fulfillment is through you because you've got
Speaker:to customize it once the order comes in.
Speaker:Correct. Okay.
Speaker:And similar to handmade,
Speaker:go onto that site.
Speaker:See what it's all about.
Speaker:Amazon.com/custom you can see what it's about.
Speaker:It is also an application process.
Speaker:They just want to see what you're able to do to
Speaker:make sure that you're a good fit for the program.
Speaker:Well. Right.
Speaker:And if they don't keep the integrity of either of those
Speaker:sites, then it's going to just become muddled.
Speaker:It'll become another part of Amazon.
Speaker:If someone's trying to,
Speaker:let's say cheat the system.
Speaker:Exactly. You're not really handmade,
Speaker:but you want to go into handmade cause it's a smaller
Speaker:group or whatever.
Speaker:Exactly. Alright.
Speaker:Anything else we should share with everybody about selling on Amazon?
Speaker:Any big,
Speaker:I mean,
Speaker:I know there's a million things of course,
Speaker:but anything else just in terms of this overall that we're
Speaker:doing here?
Speaker:The two things I want to have everyone take away about
Speaker:Amazon is yes,
Speaker:Amazon's big.
Speaker:Yes, Amazon feels overwhelming.
Speaker:Take it one step at a time to see what it
Speaker:can do for your business.
Speaker:Don't let fear take over business potential.
Speaker:It would be number one and number two,
Speaker:go after Amazon with a plan.
Speaker:Don't just do Amazon for the sake of doing Amazon because
Speaker:everyone's on Amazon and you think it's where you should go.
Speaker:Look at it for your business where you are today and
Speaker:you might determine that I need to work on my product.
Speaker:I need to develop something further before this makes sense for
Speaker:me, but really go about it and do the research and
Speaker:have a plan before you jump all in.
Speaker:Make it part of the strategy,
Speaker:not the only thing you're doing right,
Speaker:and do it with intent.
Speaker:Wonderful. Okay.
Speaker:Amy, at this point I would like to offer you to
Speaker:dare to dream.
Speaker:I'd like to present you with a virtual gift.
Speaker:It's a magical box containing unlimited possibilities for your future.
Speaker:So this is your dream or your goal of almost unreachable
Speaker:Heights that you would wish to obtain.
Speaker:Please accept this gift and open it in our presence.
Speaker:What is inside your box?
Speaker:What is inside my box is a business that runs itself.
Speaker:So my goal with my Amazon business is to work myself
Speaker:out of the day to day so I can focus on
Speaker:teaching others,
Speaker:being involved in enough of the business to stay relevant in
Speaker:my education piece,
Speaker:but also having it so that I'm not dealing with the,
Speaker:making sure that my product gets from the vendor to my
Speaker:warehouse. My goal is to really be able to step outside
Speaker:and look at the big picture and not as much in
Speaker:the nitty gritty day to day.
Speaker:And I think,
Speaker:you know,
Speaker:I've seen this obviously,
Speaker:you know I have a little bit of a different view
Speaker:since we've been in a mastermind together,
Speaker:but I see how logistically heavy Amazon can be,
Speaker:but you've done it and you know it,
Speaker:so therefore now you can share it.
Speaker:You can pave the path for others,
Speaker:I guess would be the way to say it.
Speaker:Now it's one of those things that anybody can do that
Speaker:anyone can decide to teacher or whatnot,
Speaker:and I find a lot of joy in being able to
Speaker:take all the things that I've learned and put them into
Speaker:teaching others how to be able to make this a possibility
Speaker:for them as well.
Speaker:Perfect. And so let's talk about that right now.
Speaker:Let's talk about the courses that you do and also Amazon
Speaker:files. So share both of these with us.
Speaker:So if you're interested in learning more about mom income,
Speaker:head over to mama income.com
Speaker:that talks about all of what we're about.
Speaker:The best thing I think for your audience is to head
Speaker:over to the AC files.com
Speaker:that you can look at our podcast there,
Speaker:our YouTube channel.
Speaker:From there we'll also allow you to sign up for our
Speaker:next show if it's something that's interesting.
Speaker:We do teach live on Monday nights,
Speaker:so if you are interested in coming and joining us,
Speaker:we would love to have you there.
Speaker:We do answer questions live as long as they're relevant to
Speaker:the topic,
Speaker:so we would love to have you there.
Speaker:The other place that we encourage people to join us to
Speaker:ask questions is in our Facebook community.
Speaker:If you go to mommy income.com/join
Speaker:us with the code word MBA maker,
Speaker:we will ask you a few questions and let you in
Speaker:the group so that you can communicate with us and our
Speaker:audience about selling on Amazon.
Speaker:We have a lot of people who've sold in various different
Speaker:parts from homemade to FBA,
Speaker:all of the above and can help you on your way
Speaker:to knowing what makes sense for your business and Amazon.
Speaker:Perfect and gift biz listeners.
Speaker:If you haven't caught some of those links,
Speaker:you know there'll be over on the show notes page,
Speaker:so just pop over to gift biz unwrapped.
Speaker:I'm not sure what the extended link is going to be,
Speaker:but you'll have that in an email that comes out to
Speaker:you every week.
Speaker:All those links are going to be there.
Speaker:Amy, you completely 100% know your stuff.
Speaker:I have learned so,
Speaker:so much from this show today,
Speaker:things that I never knew even though we've been talking about
Speaker:your business together for all this time,
Speaker:but we're more talking strategy than some of this other tactical
Speaker:stuff. So interesting,
Speaker:so valuable.
Speaker:I am not surprised that you're such a success because you
Speaker:present everything in such a clear way and it's attractive.
Speaker:Like I'm really interested now in knowing more about Amazon.
Speaker:So for that,
Speaker:I really,
Speaker:really appreciate you sharing today with our audience.
Speaker:Well, I have had a blast.
Speaker:Thank you so much for having me on.
Speaker:This has been wonderful.
Speaker:Did Amy and I do it.
Speaker:Do we have you thinking about Amazon in a little bit
Speaker:of a different way and considering for 2019 how this possibly
Speaker:could be something that you could incorporate into your business?
Speaker:It's not for everybody,
Speaker:but if it's something that you should be considering,
Speaker:I'm glad to have provided the information for you and now
Speaker:I have one other thing.
Speaker:It's a little bit of request.
Speaker:Guess what?
Speaker:This coming week is my birthday week.
Speaker:My actual birthday lands on Saturday,
Speaker:which is really fun,
Speaker:isn't it always great when your birthday is on the weekend
Speaker:when you can really celebrate.
Speaker:Given that,
Speaker:I'd like to request a birthday favor if you will,
Speaker:if you haven't already.
Speaker:Would you be so kind as to go over to iTunes
Speaker:and leave a rating and review of the show?
Speaker:If you listen to podcasts regularly,
Speaker:you hear a lot of people asking for reviews and the
Speaker:reason they're so important is it helps build visibility within the
Speaker:iTunes platform.
Speaker:We've already been talking about how visibility is so important for
Speaker:your business,
Speaker:right? It's the same thing with podcasts,
Speaker:so if you'd be able to go over and write a
Speaker:review for me,
Speaker:just be honest and talk about what you think of the
Speaker:show, what value it brings to you,
Speaker:that helps bring visibility to the podcast.
Speaker:Therefore, more listeners are able to find the show and then
Speaker:listen as well.
Speaker:I would so much appreciate it and I would consider it
Speaker:a very,
Speaker:very special birthday gift.
Speaker:Let me thank you in advance and if you've already given
Speaker:a review previously,
Speaker:you're only able to do one ever in the whole life
Speaker:of iTunes,
Speaker:only one review,
Speaker:so if you've already done so,
Speaker:thank you for that as well.
Speaker:Finally, to close out the show,
Speaker:I'm going to run the promo of my book that was
Speaker:released earlier in the year maker to master find and fix
Speaker:what's not working in your small business.
Speaker:This would be a wonderful stocking stuffer.
Speaker:If you have a friend or a relative who has a
Speaker:hobby or a craft and they've been thinking about turning it
Speaker:into a business or they've gotten started and they're stuck.
Speaker:Actually, they should be listening to this podcast if that's the
Speaker:case too.
Speaker:But if you're looking for more ways to help your friends
Speaker:succeed in their businesses,
Speaker:this could be a possibility and a great holiday gift.
Speaker:Let's run that promo.
Speaker:Are you discouraged because your business is not performing as you
Speaker:had envisioned?
Speaker:Are you stuck and confused about how to turn things around?
Speaker:Sue's new bestselling book is structured to help you identify where
Speaker:the holes are in your business and show you exactly how
Speaker:to fix them.
Speaker:You'll learn from Sue and owners just like you who are
Speaker:seeing real growth and are living their dream maker to master,
Speaker:find and fix what's not working in your small business.