| How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 1 | How To Build A Successful Amazon Bu siness Even Ifi You Aíe Compleĩe Beginneí 2 You have made an AMAZING choice by deciding to read this short book, and I‟m going to start by telling you this right away: In fact, those who are smart enough to capitalize on what I‟m going to share here, will open up a notebook and write up a new business plan and goals for 2020 as soon as they finish up reading this. Here ’s what you’re going to learn TODAY: I‟m going to share with you the exact same system that our students used, down to the finest details. Every crucial step that they‟ve used and what caused them to be successful, but 95% of people actually NEVER pay at tention to! ) My goal here is to show you what you need to do in order to build a Amazon business that make more than Rs 5 Lakhs per month without any experience. Simply put, I want to show you all the missing information I wished I had when I started thi s business. So let‟s start! WELCOME ABOARD! | How To Build A Successful Amazon Bu siness Even Ifi You Aíe Compleĩe Beginneí 3 If the Number Digital Buyers is Going Up it means the Number of Offline Buyers Who are purchasing from Traditional Offline Stores is CLEARLY Going Dow. There Has Never Been a Better Time in History to Start an Amazon Business Than Right Now. Right now is the BEST time to profit on Amazon. Better than any time in history. Why? To put it bluntly: Traditional retail is dying! Sounds like a str etch? Let‟s look at the facts for a second. | How To Build A Successful Amazon Bu siness Even Ifi You Aíe Compleĩe Beginneí 4 Amazon is Expanding. MWPVL is the Leading Website on all things Amazon Fulfillment. Meanwhile | How To Build A Successful Amazon Bu siness Even Ifi You Aíe Compleĩe Beginneí 5 If You Go to the MWPVL website you could see how many fulfillment centers are currently out there in INDIA & Worldwide and how much future facilities they plan to have. Amazon now has 62 Active Facilities in INDIA and 410 international facilities, with a total of 741 facilities! A new facility is opene d up almost every single week, and that number just keeps growing and will increase every single year. | How To Build A Successful Amazon Bu siness Even Ifi You Aíe Compleĩe Beginneí 6 44% of the INDIA already lives close enough to a fulfillment center for same day delivery, and in the very near future 1 hour or less delivery will be a real thing for 40% of people living the India. There is a misconcepti on that Amazon is so big it can‟t grow. While in fact, Amazon is literally just starting to grow. How Big Is Amazon Actually? Simply put: Amazon is kind of taking over the world. So why Amazon? Being able to tap into Prime Members – th ere‟s no other way you can do it other than selling on Amazon. If you‟re not selling on Amazon you can say bye bye to the people that are used to the super - fast shipping offered by Amazon Prime and only buying with Prime. It is infinitely harder to make m oney online without these benefits. You can swim upstream or downstream and Amazon is definitely downstream. 3 out of 4 smart phones have the Amazon app installed – customers can shop on their phone, use one click purchase and buy items as fast as 30 seconds or les s. At least 25% of ALL the money spent online flows through Amazon! That means Rs 1 out of every Rs 4 that‟s spent online goes through Amazon. Amazon is Expanding Fulfillment While Other Peo ple Are Closing Offline Stores | How To Build A Successful Amazon Bu siness Even Ifi You Aíe Compleĩe Beginneí 7 Amazon is big. Big enough for anyone to start a business, literally anyone. And before we get to that: I Want to Make Something Very Clear Everyone is always telling you it‟s not your fault that you‟re not successful and some say that things are going to get better and better, and be fantastic and it‟s all good. And if you listen to them then I‟m going to be very worried about you because here are the facts: Most of thes e people, fail for either two reasons: Fear No system These two are almost complete opposites. Fear. Starting an online business? It‟s going to be scary and of course you‟re going to be a little bit scared. I‟d be a worried if you wouldn‟t be a bit sc ared to start a business. But here’s my question to you: Have you ever done anything that you were initially scared to do, and then it was easier than you anticipated, and it was more fun and rewarding? What would your life be like if you didn‟t do it j ust because you were scared? Fear is the number one thing that stops people from succeeding, right from the start Don’t shoot yourself in the foot. There Has Never Been a Better Time to Start Selling on Amazon than RIGHT NOW. And not just for the big guys. | How To Build A Successful Amazon Bu siness Even Ifi You Aíe Compleĩe Beginneí 8 Having no system and trying to make money online is the opposite of fear And it‟s detrimental to your success just as much as fear! If you think that you can just roll up your sleeves, start typing and trying out random things and su ddenly the money will appear in your bank account then I encourage you to re - think your strategy. Please don’t lie to yourself. I‟ve seen many people do it and it‟s heart - breaking seeing them fail miserably. I see this over and over again. People are tak ing all the wrong steps, then ask for help after they fail and wonder why they didn‟t succeed. A lot of pain could‟ve been avoided and the fact is, they could‟ve been successful would they have taken the right steps from the get go. I call it blind optim ism. Being optimistic is great and very important, but only if you have a system in place. No System. It‟s like someone stepping in a boxing ring and having a professional fight without any previous trainin g... The boxer can be as confident as he wants but he‟s probably going to get knocked out in seconds! Every move he‟d make would be the wrong one. He would have the wrong techniques and he pretty much lost the fight from the first second that bell rang. T he same thing here, if you don‟t have the right system and approach to starting a business, every move you make will be a failure from the get go. Good. Now that we have made these 2 things clear, you are more than ready to start learning with the right m indset. I could show you my results, and I will later on. Bu t before we get to that, I want to show you what happens when every - day people use the right system. Some of them had 9 - 5 jobs, some were in very bad financial situations, and most knew nothing about Amazon FBA and had done nothing previous to this! Take a Look at Some of These People Who Went From NOTHING to Making Money In Their First 30 Days... | How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 9 So What Happens When You Have the Right System? Suraj kumar started from nothing and is already making over Rs 1,13,443 a week. Average profit margin for our students is 40 - 50%. So that‟s a minimum of Rs 56,721. 5 per week in his first 2 weeks. Not bad, right? Mithun S is only 21 years old and he‟s made almost Rs 14K in one day with his very FIRST PRODUCT ever! | How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 10 A lot of people think that it takes money to make money. But if that were true I‟d still be working as a mechanical engineer for Rs 20,000 per month instead of having a Successful Ecommerce company making me more than Rs 7 Lakhs per month and helping others do the same. Capital can help serve you but the beauty of this business is that you don‟t need much to start. For example, Starting a retail store would cost you a minimum of Rs10,00,000 and you already know that sta rting a retail store is a bad idea, the big guys can‟t even break even and businesses are closing left and right. Honestly, even if someone paid me a Rs 10,00,000 to start a retail store, I wouldn‟t take it The tedious work, the slow growth, having to a ctually be there, instead of chilling at the beach or spending time with your family & friends? No thank you! I‟d rather be working from my laptop, making more money, growing faster, and being able to do it whenever I want, wherever I want, with who I wa nt. Wouldn‟t you agree? But there are still people who start retail stores every day. Why? Most of the time, it‟s either for one of these two reasons: They don‟t believe they could do it in a way that is not the normal way society teaches to do it (which we‟ve seen, doesn‟t work, but we‟ve been brainwashed). You are fortunate enough to know about this. And so am I, and I‟m grateful for it. So consider yourself very lucky to be in the place you are at right now. The mindset of not starting | How To Buil d A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 11 Is it all about the money? It‟s just fear, disguised as an excuse. The Two Keys to Being Financially Free 1. Getting rid of your fear and start. 2. Using the right system based on proven reality. Those are the keys. Memorize them. Write them down. Have them printed on the wall. Whatever floats your boat? Do this right and you can real ize your wildest dreams. And while retail stores can‟t even break even this is exactly what‟s happening with Amazon sellers at this time; extreme profits. It‟s all up to you and how much you really want it to be eventually. We all have different goals and that‟s what it‟s all about, and if you‟re someone who wants to go far at some point, take a look at how far you can actually take it with Amazon. a business because of money; not only is it not actually true - ty as you‟ve seen yourself that almost all of the students I‟ve showed you, started from scratch without any large capital, but also: | How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 12 | How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 13 I am an online entrepreneur who started from nothing and built a Rs. 72Lakhs/y business in one & half years. I studied Mechanical Engineering in JNNCE Shimoga but I realized in my last year of engineering that all of this hard work & my time that I put into studies is only going get me into 9-5 job. And also came to know because there is a lot in output of engineers in India the salary of engineers is also going downhill (DEMAND-SUPPLY THEORY). So that is why I started researching about different online businesses that I can do. Although I tried several things & failed but I eventually stumbled upon Amazon FBA but I did not knew from where to start. But luckily I found a course & I bought it which cost me $199(Rs. 15,000) it was 50% of money in my bank account at that time, but later I realized it was the best investment of my life. Even though I bought that course it thought me about Amazon FBA Business, but I still had to learn about Taxation, GST, Importing products in India so I again invested my time & money to learn about GST, Legal & Taxation Laws in India. After crossing all those hurdle‟s I finally started my own Amazon FBA business in India & Rest is History. My future plans in my entrepreneurship journey is to reach the yearly revenue of Rs. 10 Crore and also help the people along the way to build their own online business to escape from the 9-5 rat race to achieve success & freedom in life. So Who Am I & Why I am Qualified to Teach You This? My results in 1& half ye ar selling on Amazon My current per month sales | How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 14 Before we get started with the steps, you might be wondering what exactly is Amazon FBA and how it works. Fulfillment by Amazon, or as we cool kids like to call it: Amazon FBA, is a business model where you sell private labeled products. Private labeling is where we basically put our logo and brand into an existing product and call it our own. This is NOT drop - shipping. What‟s the difference? In drop - shipping, you need to tes t many different products until you find the one that actually works for you, and most of the time you are selling different brands from different suppliers. Then, once you find a product that‟s successful, you keep buying it from a certain supplier who i s usually shipping it from China, to the India. The Amazon FBA business model is very different, with Amazon FBA, you have your own branded products inside Amazon‟s warehouse where they pack and ship your product to the customers as fast as a day. You‟re not testing for different products hoping to find a winner, with Amazon FBA you are taking an already existing product that has demand, and re - branding it, making it your own. What Exactly is Amazon FBA? | How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 15 Here‟s an example of a private labeled product. All of these products sell ver y well and make a lot of money, the only different between them? The logo on the actual product. There are hundreds of thousands of suppliers available to do this for any type of product, all over the world. Customers buy your brand, and Amazon ships it t o them, super - fast. In short, here‟s a summary of how the process works: 1. The first step of doing Amazon FBA is finding a profitable product and I‟ll show you Exactly how to do that. 2. Once we find our profitable product, the second thing we need to do is t o find a supplier to wholesale the product we found. 3. Then, once the supplier manufactures the product, we send that product to an Amazon fulfillment center. Then Amazon will pack, fulfill and ship all our products for us. So you never have to d eal with any of that, and you can utilize Amazon‟s fast shipping and all of their Prime customers that would buy your product. Once the entire process is done, all you have to do is sit back, relax and watch the money roll in. | How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 16 Now th at you understand what Amazon FBA is, let‟s talk about the system myself, and my students used to build , 8 and 9 figure Amazon FBA businesses. Trying to succeed in Amazon without this formula would be so much harder to the point, that these days 95% of p eople who start on their own give up before finding just the basics of the system... You either going to have to grind, pay thousands of Rupees for mentoring and coaching, try so many things until you stumble upon this or just take the easy route and follow me. I‟m literally giving you the same process here and in the following workshop for free. I developed this system for people like you and also for people like me. I wanted to develop the system I always wanted. The system I never had! But before we get to that, I want to b e real. It‟s not all sunshine and rainbows. Starting an Amazon business does require work and certain strategies that need to be used in order to profit. Just like any other business, there are steps you need to take to stand out from everybody else that try to do this and fail. Allow me to be real with you for a second. Most people who start an online business FAIL. Why is that? There are crucial parts of the system that they miss. I‟ve been there, done that, and almost gave up on this myself! Luckily for you (and mostly for me) I didn‟t. And I built a blueprint that‟s been used over and over again successfully so people won‟t have to go through what I did. The Ecom Gyan Matery Program system contains 4 steps and these 4 steps are the most crucial parts to success with any Amazon business out there. Miss one of those steps, and you will fail with Amazon. The reason why so many of our students succeeded so quickly, and grew so rapidly, is because they had this system from the get go. The 3 Steps System. | How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 17 The answer? Everything you will see below. So take every word I‟m saying here with great attention because you do not want to go through what I did only to find this, and take the risk of failing over and over again. How The System Works. Let‟s dive in to the system and exactly how it works. Throughout the years selling on Amazon, I have been tracking every little detail that took me to succeed and I‟ve built a system that contains every little step used on the way to go from Rs 0 to having a new product online making Rs 20,000/d +. My system wasn‟t always perfect, but when I finally got the right details that show exactly what it takes to profit on amazon, I felt like a chemist figuring out the formula for something big for the first time in his life. What I also found out, is that literally ALL of my friends and mentors who are successful with Amazon running 8 and 9 figure business are using the exact major components of this formula. They all have that in common. Now , I call this process the “Ecom Gyan FBA Mastery”. Because it is just like a machine, after it is set up there‟s not much you need to do. And just like a machine, it‟s repeatable. I wish I had so mething like this when I started and this is what drove me to create this process I‟m going to share with you. I asked myself: “If had to start all over again, what exact information would I need to start an Amazon business from Rs 0 – Rs 10 Lakh in the f astest, easiest way possible?” | How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 18 There are small steps you need to do in each and every one of these big steps that will assure you get it right. It‟s all about getting each step correctly with the right strategies. I‟ve learned these strategies over the years and broke it down into an exact science, and I‟m goi ng to share that with you in this book and in the following live webinars. I‟m still using this system over and over again till this day too. So let‟s jump in to the first step, which is research. Rs 1 Crore/Year Process Broken Down into Steps “Give Me 6 hours to chop down a tree and I’ll spend first 4 sharpening the Axe” - A. P. J. Abdul Kalam When I first started my Amazon business I wasn‟t sure why I wasn‟t making any sales. I was stuck and the crucial things that lead to my first success were spending more time on research unt il I found the right way to actually research. You see, by doing research the right way, you are making sure that the product you sell, will do well. It comes down to 1 big question: Does the product I want to sell with Amazon has enough demand right now to sell and make me money? If you launch a product that doesn‟t have enough demand, no one would buy your product and you‟d fail. Been there, done that. And if you sell a product with a lot of demand but also a lot of competition, it could potentially w ork but would take a lot of time. Been there, done that too. Find the sweet spot. If you launch a product that has just the right amount of demand, and the right amount of competition... You could have the perfect listing and advertising and everything else but if the product is not right, you wouldn‟t make it. That‟s why most people actually fail right there, at the beginning. However, when done correctly, you could start making money with your very first product ever | How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 19 Well, that‟s where you start making some money fast. ( and of course, been there, done that ). Doing the research correctly is the foundation of your Amazon business. Step 1: Research | How To Build A Successful Amazon Business Even Ifi You Aíe Compleĩe Beginneí 20 Once you choose the right product, your product pretty much sells itself. So how do we know if they are selling well, or if they are too competitive? launched. And that‟s my goal for you. I don‟t want you to go through what I did ju st to find my first successful product. I want you to do it right in the first attempt, and it‟s definitely possible. Now of course, you can‟t always get it right the first time, and sometimes it takes certain people a second or even a third attempt. Bu t if you do it the right way, there‟s no reason why your next product chosen correctly wouldn‟t go ahead and start making you passive income right away just like , Ramesh and many other people who did the same. You could mess up on everything else; if the product is good you can still do well. Doing research the right way was a game changer for me so here‟s the breakdown of how I do it. With Amazon, there are lots of different ways you could potentially do product research which we will cover later on an d on in the workshop as well so make sure you attend them. What we need to do first is figure out which products are selling well with low competition because the whole goal here is to rank our product on the first page for different keywords and that way , people can find us organically.