Side Hustle Heroes HQ Podcast #33: Andrew discusses Amazon FBA (Fulfillment by Amazon)

Welcome to podcast #33. Andrew is going to be discussing part 1 of Amazon FBA basics. Just a reminder that we have a new Amazon Influencers course coming out in January. Sign up at the link below to be notified when it goes live or text INFLUENCER to 507-800-0090 to receive a text, when this training goes live. https://bit.ly/provenazinfluencer Sign up for the monthly PAC membership to get a huge discount (https://bit.ly/PACMonthly) on the AIP course. Show Notes: Andrew shared his recent sales numbers, highlighting the ups and downs in sales, especially during December. He mentioned a drop-off in sales at the bottom of the product carousel and discussed the use of a tool named IPX, which helps in analyzing product placement on storefronts. Jim Ed shared his sales figures, indicating a strong start to January. He discussed his focus on Amazon Influencer and the success he's achieving through video content. Both Andrew and Jim Ed emphasized the importance of creating diverse and high-value content. They mentioned focusing on expensive items, stating that selling high-priced products tends to bring in more revenue. FBA Strategies and Advice: Andrew gave detailed insights into FBA strategies, stressing the importance of understanding sales numbers and product choices. He discussed various approaches, including private label, retail arbitrage (RA), online arbitrage (OA), and creating product bundles. PAC (Proven Amazon Course) is a great investment to get started: https://bit.ly/PACMonthly The two apps that are recommended to start with are the Amazon Seller App (https://sell.amazon.com/tools/amazon-seller-app) and Keepa (https://keepa.com) Andrew shared his personal experience of scaling up his FBA business after losing his job, emphasizing the potential of FBA as a primary income source. Andrew suggested that newcomers start small, test different products, and understand the nuances of the marketplace before scaling up. The concept of bundling products was highlighted as a significant strategy in FBA. Andrew plans to dive deeper into this topic in future episodes. Discussion on Side Hustle Heroes HQ's Course: The hosts discussed their upcoming course, emphasizing its value in teaching Amazon Influencer strategies and offering a community for learners. They highlighted the importance of investing in education and the potential returns from the course. Our affiliate partners/links: Check out Proven Amazon Course's free podcast and Facebook Group at the link below: ---> https://bit.ly/ssmfreepodcast Andrew's recommended transcript-based video software that saves a ton of time in editing. This is now also the service we use for our Podcast. Check it out: ---> https://bit.ly/descriptshh For feedback/questions or if you'd like to be a guest on our podcast, please email us at [email protected] Join our Side Hustle Heroes HQ Facebook group to be part of the Side Hustle Heroes HQ community and be the first to get access to the latest tips and strategies for our latest side hustles. ---> https://www.facebook.com/groups/sidehustlesheroeshq Subscribe to our YouTube channel for the video feed of our podcast. ---> https://www.youtube.com/@SideHustleHeroesHQ We may receive commission for some of the products that we recommend on our show. We appreciate your support.