Are you ready to use Amazon automation strategies to automate your Amazon business so you can gain your time back to work on new projects and enjoy life? Leverage freelancers and automation software to automate your FBA business. First, I recommend that your start a journal and document all the tasks you do and how long they take.
Do you want to know how Amazon FBA works and how to make money from it in 2021?
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If you're looking to start a business selling products on Amazon, then you'll need to know and understand the product listing criteria and how to rank on Amazon FBA. Yes, you can start making money selling on Amazon, regardless of your experience selling online.
Amazon is one of the best opportunities to make a passive income and earn money from anywhere in the world. Gone are the days of directly exchanging your time for money. That's the old model. The new model leverages the incredible opportunity that the internet affords us.
Whether you want to make money working from home, or just want a side hustle, understanding how much it costs to start selling on Amazon will give you the upward momentum you need to launch your Amazon private label business today!
The best part about selling on Amazon is that the retail giant does all the work for you. You'll never have to pick or pack or ship a product, ever. Gone are the days of dealing with fulfillment or customer service requests. Amazon does it all for you. All you do is collect the income.
But in order to get there, you need to get on the road to building your Amazon FBA business today. Tune into the video now to discover just how powerful of a passive income machine Amazon can be and how you can start making money from it no matter where you live in the world!
What is Amazon Automation & Why You Should Automate Your FBA Business - Audio file |
What is Amazon Automation & Why You Should Automate Your FBA Business - Video transcript |
Hey guys and welcome back to my channel. Today I would like to go over how to automate your Amazon FBA business, so be sure to watch all the way through so you don't miss any of the important details as we do have a lot to cover.
Now, before I hop into this video, if you are new to this channel you're going to want to subscribe as I talk about the best ways to make a full time income with Amazon FBA and always get straight to the point.
So please consider subscribing and turning on your post notifications if you like channels that don’t waste your valuable time, with that said let's get right into this video.
A lot of people dream about having their own business, but most simply don’t have the time to make it happen. Between their day job, family, and other responsibilities it’s often difficult to start a successful side hustle.
This is why so many people are creating businesses that can be automated, and one of those is Amazon FBA. While it takes some time and effort to set up, once it’s running there are a number of ways to automate a lot of the tasks. So keep watching to learn how to start your own automated FBA business.
For those of you who are new to my channel, let me first ecplain what is Amazon FBA? Fulfillment by Amazon is a program to automate eCommerce businesses and allows you to send all your inventory to Amazon. They’ll store it for you and fulfill your orders every time you make a sale. In this way, it’s similar to dropshipping.
Signing up for FBA is the first step towards creating an Amazon automation business because you no longer have to worry about fulfilling orders. Packing products and mailing them to customers is one of the most time-consuming parts of running an eCommerce business, but with this program Amazon takes care of all that for you.
Using FBA also means you don’t have to worry about storing your own inventory, which is great for people with limited space.
Now, how does Amazon FBA work. Here’s a rundown of how selling products with FBA works. First you send your inventory to Amazon. Once you receive your inventory from your supplier simply ship it to Amazon. Or if you trust your wholesale supplier to pack your products correctly you can have them send it straight to Amazon so you don’t have to deal with it.
Next, Amazon Stores your inventory. Once Amazon receives your items they’ll store them in one or more of their warehouses. Then Amazon fulfills your orders. When someone buys one of your products Amazon will pick, pack, and ship them to the customer for you.
Amazon also handles returns, refunds and customer service. Amazon handles all returns and refunds for your items. They also deal with any inquiries and complaints regarding shipping.
Ofcourse you will pay Amazon a fee. In return for these services you pay Amazon both a storage fee and a fulfillment fee. These fees fluctuate based on the size and weight of your products.
With FBA it’s possible that you’ll never have to even see your inventory. While there are extra fees involved the time, effort, and resources you’ll save will almost certainly make up for it.
Now, why should you automate your FBA business as much as possible. As you can imagine, there are a number of advantages to automating Amazon FBA. Let me give you a few reasons why starting an automated business is a good idea.
First, it gives you the time to run a business. If you still have a day job it can be tough to also run a side business. When you add in family commitments and other responsibilities creating an automated business might be the only way you have time to actually start with Amazon FBA.
Automation also makes it easier to grow your business. Automation systems take care of the day-to-day tasks so you can focus on finding new products and growing your business.
You will also be able to make money while you’re not working. Running an automated business means you have more time to spend with your family. Plus, with your business on autopilot you’ll make money when you’re visiting friends, enjoying your hobbies, and even sleeping.
Essentially, the more your business is automated the more time you have to research new products and spend time doing the things you love.
Now, let’s go over a few ways to automate your Amazon FBA Business. We already discussed how utilizing Amazon FBA is a great way to automate your business, but there are a number of other strategies you can use to increase your level of automation.
So here are some steps to automate your Amazon FBA business. You can hire photographers and copywriters to create listings for your products. You can use pay per click management software to adjust your bids for different keywords.
I also recommend using inventory management software to estimate how many units you should order and when. There is also the use of bookkeeping software to automate your finances and software to control your payouts.
Now, let’s go into greater detail about each of these automations so you can implement these tactics into your own business.
First we have listing optimization and creation. Creating optimized Amazon listings is extremely important for two reasons. Including the right keywords is the number one way to get your products ranked for important search terms. And your listing is where people decide whether or not they actually want to buy your item, so it needs to be convincing.
This is why many sellers reach out to freelancers to help them with this part of the business. Not only does it automate the listing process, but it also results in higher quality listings that rank higher in searches and convert better.
In order to produce high-quality listings, you’ll need excellent photography and compelling copy. So, you’ll want to hire a photographer to take photos of your product and a copywriter to craft your description. Look for professionals who have experience with Amazon listings. You might even find people who specialize in this niche.
There are a number of different places where you can find freelancers, but two of the best sites are the Jungle Scout marketplace and Fiverr. Post your job on one of these sites and interview a few candidates to find the best ones.
Second, we have pay per click management. Besides organic search traffic, the other source you’re most likely to get traffic from is Amazon ads. These are paid advertisements that appear in search results, Amazon listings, and other sites.
Amazon ads are a great way to boost your traffic. They’re also the perfect way to drive customers to new product listings that aren’t ranking in Amazon’s organic search results yet.
If you’d like to automate this part of your business, or you’re not comfortable managing ads yourself, consider using Amazon advertising software. These tools manage your bid amounts and optimize your spending to ensure your ads are seen as much as possible for the best price.
You can also take it one step further by hiring an Amazon ads management agency. These companies can provide you with tips for buying ads, or take care of everything for you, including ad creation, management and reporting. Jungle Scout also provides great tools for advertising on Amazon, so I left a link for you in the description if you want to check it out.
Number 3 on our list is inventory management. Managing your inventory is critical for your success. If you run out of products before your next inventory reorder, you’ll miss out on potential sales, your Amazon search rank will decrease and you won’t be eligible for the buy box.
Because of this, you need to keep an eye on your inventory and order more products before you run out. Of course, if you’re busy with life or other parts of your business this isn’t always easy. Luckily, there’s software available to automate this task for you.
These tools will alert you when your inventory is running low. Forecast how much inventory you’ll need based on past sales and the time of year. And help you optimize your pricing.
There are a number of inventory management solutions available such as Jungle Scout, so do your research and find one with the features and options that are right for your business. I recently made a whole video on Amazon inventory management so make sure to go and watch it after this video.
Now, if you’re running any kind of business you should always be keeping track of your finances. This is because you need to know your revenue and expenses to determine your profits, and you’ll need a record of all your finances to properly file your taxes.
Not many people enjoy plunking numbers into a spreadsheet. Plus, this task can be extremely tedious and time-consuming. Thankfully, there’s a great solution that will help you automate your bookkeeping and drastically reduce the amount of time you spend staring at a spreadsheet.
That’s why it’s best to use bookkeeping software such as Freshbooks, such software is essential for any Amazon seller.
First, you’ll need a Google account, which you’ll use to set up a Google Sheet to track all your invoices. Next, you’ll have to get the bookkeeping software Freshbooks. This is a good investment anyway as it has a number of awesome tools to help you effectively manage your finances.
Once you have both of these in place you can set it up where every time you get an email invoice from Amazon it will automatically be logged in your Google Sheet. And as your business grows and you start making more sales you might want to consider hiring an assistant to help you with your bookkeeping.
The last task I recommend you to automate is payouts. Getting paid is likely the primary reason for starting your business, so you want to make it as easy as possible.
Without any automation, it can take upwards of 19 business days before you have access to your money. And if you want to transfer your funds before your scheduled pay date you’ll have to manually log in and request a transfer.
Finally, a lot of your money will often be unavailable to you. This is what’s known as an unavailable balance and it’s caused by things like order delays, chargebacks, or poor feedback.
If you want to avoid all this and automate the entire payout process, I recommend using Payability. With this service, you can have access to up to 80% of the money from your sales the very next day. This means you’ll get paid automatically each day, ensuring your business always has ample cash flow.
Now, as you can see, there are a lot of steps involved in building an Amazon business. And I wouldn't recommend piecing together everything by simply watching videos on YouTube. This is why I suggest investing your time in a great free training that can guide you through this process.
I recommend this training because this is the best training on the market and one that I have personally gone through. They walk you through every aspect of what it takes to start, grow and scale your Amazon business.
This training will build off of what I talk about inside my videos so I left a link for you in the description and if you're serious about selling on Amazon I encourage you to check it out!
If you’re looking for a business that will mostly run itself, then Amazon FBA might be for you. Once you get everything set up you can earn a steady income without having to manage most of the day-to-day activities.
Thanks for watching and please make sure to watch the next videos with more Amazon FBA tips that will show up right about now.
