There’s a big shift happening right in front of our eyes. LARGE retail stores are closing each day. This past December, Sears told its employees that 80 Sears and Kmart locations across the U.S. will shut by March.
Retail giants like Walmart are looking online to grow and expand. At the same time, Amazon grows by an unstoppable rate. And it doesn’t show any sign of slowing down.
Jeff Bezos revealed something very interesting in his annual letter to shareholders last week. Here’s an excerpt from his annual letter:
Something strange and remarkable has happened over the last 20 years.
1999 3%
2000 3%
2001 6%
2002 17%
2003 22%
2004 25%
2005 28%
2006 28%
2007 29%
2008 30%
2009 31%
2010 34%
2011 38%
2012 42%
2013 46%
2014 49%
2015 51%
2016 54%
2017 56%
2018 58%The percentages represent the share of physical gross merchandise sales sold on Amazon by independent third-party sellers – mostly small- and medium-sized businesses – as opposed to Amazon retail’s own first party sales. Third-party sales have grown from 3% of the total to 58%. To put it bluntly:
Third-party sellers are kicking our first party butt. Badly.
This confirms that if you want to build a strong, profitable, lasting business, selling physical products on Amazon is the way to go.
The only “trick” is to know how to do it the right way. If you don’t want to reinvent the wheel and want to learn from the best on how to build a successful Amazon business, then, there is no one better than our friends, Matt Clark and Jason Katzenback, at Amazing.
The great thing about the internet is that you can learn how to build the Amazon business from them (they’ve taught top Amazon sellers from over 100 different countries how to do this).
Our friends have just told us that they’re hosting a free live webinar to teach how to build a profitable life-changing business selling your own brand of products online which covers the following topics:
- Why now is the perfect time to build an online business with your own brand of physical products
- The exact 4 steps they’ve taught tens of thousands of people to build their own business from scratch…no experience necessary
- The 5 must-have criteria for choosing the best product to sell on Amazon from over 3 billion products available
- Their 2-minute process for finding multiple suppliers for any product from anywhere in the world
- The secret formula used by top sellers for launching and ranking their products to the top
As a bonus, they will also show you how to “hack” Amazon’s Sponsored Ads for even more sales using a brand new feature few sellers even know about. There are limited seats so don’t miss this life-changing opportunity.
Click here to save your spot >>>
If you’ve any questions, please feel free to send them to asm@iphonehacks.com.
Disclosure: This post contains affiliate links so we may receive a commission if you click a link and make a purchase. Thank you for your support!
Recent Comments