Amazon in 2018
Today I’m sharing three thoughts about how to best sell private label products on Amazon FBA in 2018.
This is in response to questions that I hear a lot from you guys, so here are my answers!
1. Is it too late to start selling on Amazon?
No! Amazon continues to grow at a frenetic pace. There are over 100,000 sellers selling over $100,000 worth of revenue each year. So why not you?
2. Should I build a brand or an open brand?
I don’t think this matters too much when you start. What matters more is that you start. I do think you should pick one or the other though. Either have an open brand and just look for things that you can sell, or curate a focused brand that will let you own your niche.
3. Should I diversify my channels?
Yes! But not yet. Start small, with one platform. Then expand. Become great at selling on Amazon before you worry too much about selling on other platforms. The learning curve is already so steep, don’t make it too hard on yourself.
What do you think is the right answer to these questions? Tell me in the comments!
Oh, and once you’re ready to move forward with selling on Amazon, check out my friends over at StartUpBros. They created the end-all-be-all guide to selling on Amazon in 2018 and beyond. Make sure you bookmark this because you’re going to need to read it more than once.