Why You Suck at Amazon

We’re here to help make your business better, more sustainable and less stressful. In this week’s episode of The Amazon Files, we’re going to discuss some of the most common mistakes we see Amazon sellers making. But we won’t leave you hanging. We’ll also share how to go from sucking the life out our your business to working smarter (not harder) to increase profits.

So many people complain about how their Amazon business isn’t performing the way they want it to. Sales are down, competition is up and breaking even seems to be the new norm.

Let’s get you back on the right track to a more successful business!

Amazon sellers, particularly those that are relatively new, can feel overwhelmed or like they just can’t do it. You may not have realized that you need a business bank account or resellers license. Finding yourself in a trap and feeling ready to give up, it can be hard to know which way to turn next. It’s easy to sabotage your business by having the wrong mindset or unrealistic expectations. 

However, anything is possible, dependent upon the amount of money and time that you have. If you recognize that you can't be good at everything straight away, you can still find financial freedom.

We uncover why you may feel like you suck at Amazon and share how to fix the problems that you might be experiencing. We dispel the common misconceptions of running an Amazon business and reveal the solutions that will allow you to make corrections and critical pivots. We also explain the actions you should take to become better at what you do - and become more profitable while doing it.

“Small steps add up over time, so don’t feel like you need to climb Mt. Everest tomorrow.” - Amy Feierman 

This week on the Amazon Files: 

• How to change your mindset, overcome your negative beliefs, and be okay with being a beginner.
• What being consistent means, why being consistent is crucial, and how to create a routine.
• How to use a Virtual Assistant (VA), track returns, handle negative feedback and set 15-minute hustles.
• Putting feelings aside and making good decisions based on facts and data.
• Assessing your risk tolerance and incrementally growing it to take your business to the next level.
• Knowing your numbers, expenses, profit, inventory, and what to track.
• Why you need to start bookkeeping early and the resources you can use.
• How to work out your break-even prices and why you need to know them.
• Cutting out the tools and other areas where you are wasting money.
• How to conduct proper research, dig deeper into data, use software, and find niches.
• Why you should set a research time limit.

WATCH:

Show Links/Details:

Business Basics: http://www.mommyincome.com/tax

How to Bundle: http://www.mommyincome.com/system

How to find Wholesalers: http://www.mommyincome.com/100

15 Minute Hustle: http://www.15minutehustle.com

Merchant Words: http://www.merchantwords.com/mommyincome

Inventory Lab: http://www.mommyincome.com/inventorylab

Keyword Tool: http://www.mommyincome.com/keywords

Resources:

• GoDaddy Bookkeeping
• Google Trends
• Keepa

Related Content:

• Jungle Scout
• Merchant Words
• Inventory Lab
• Everything You Need to Hire & Train a Virtual Assistant (VA)
• The 15 Minute Hustle Workbook
• How to Use MerchantWords

Confident Wholesale Bundlers Workshops: Spots are selling out quickly! Our Lansing workshop is sold out but HURRY…. We have a handful of seats left for our Columbus workshop. To Learn More: 

http://www.mommyincome.com/workshop

Join our Private Facebook Group
http://www.mommyincome.com/joinus bring the code word #lessstress
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Buy Inventory Without Losing Money
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Jumpstart Your Amazon Business Today!
Are you ready to jumpstart your Amazon business but don’t know how? We can guide you step by step through easy-to-understand video instructions for your Amazon business must-haves. We’ve got everything you need in one place -- from setting up your Amazon account to shipping your items to Amazon fulfillment centers. Go to https://www.startFBAtoday.com to start your exciting Amazon journey.

Discover the Ease & Simplicity of the Wholesale Bundling System
Don’t know where to start in your wholesale bundling Amazon business? We teach a lot of different strategies for searching wholesale bundles and creating your own unique bundles. Learn the A to Z of Amazon wholesale bundling through Mommy Income’s Wholesale Bundle System. Visit https://www.mommyIncome.com/system for more information.

Got Questions?
Shoot your questions on our Facebook Group! We’ll be happy to answer your questions, listen to your vents, and encourage you to carry on in the right direction. Join our community where you can interact with sellers of all levels -- from people who are starting their Amazon journey to those who have been full-time sellers for years. Go to https://www.mommyIncome.com/joinus with the code word from this show to start interacting with our community.