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Aside from luck, you'll need to know what you are doing,

Product development is an essential part if you want to sell on Amazon.

It means you must know how to search for the product and distinguish it from your competitors.

Seven years ago, If you had asked me what it takes to succeed on Amazon, I would have said, Find a potential product and add any bonus to it or a digital book, and you're done! You'll have a high monthly income easily.

Today, many entrepreneurs have joined the party, and despite the high potential Amazon provides its sellers, you must be more innovative and experienced to generate high returns.

For the record, the Amazon platform is the highest B2C platform in the world and generates billions of dollars.

There is money on the floor waiting for intelligent people to do their thing and collect it.

In order to do that, one of the important things to do is "innovation."

The things you will need to focus on:

  1. Deeper market research.

  2. Deeper competitors analysis.

  3. Focus more on unique and valuable products.

  4. Research regulations.

  5. Know well Amazon's advertising system.

  6. Have tremendous customer support.

  7. Know all the tricks to save costs wherever you can.

  8. Get to know your avatar in higher resolution.

  9. High-quality graphics and content marketing.

  10. And many more..

When looking at all those things you need to know before starting selling on Amazon, it may seem like you will need to sign into a new degree.

Yes, being a successful seller requires much knowledge if you'd like to start your business from scratch.

Though, if you have the proper budget, you can buy a ready store with a track record of sales and generate returns from day one.

It still means you need to know what you are doing, but it is much easier to start after crossing the feasibility phase, and you already have a brand with social proof and that the customers like its products.

You will make things easier and faster, but you'll need to know what you are doing.



Cheers,



Niv Michover

Ecreate Freedom LTD

https://www.ecreatefreedom.com/


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