Do you want your Amazon business to continue to evolve and become even more successful? Then, you need to consider new ways to develop your Amazon empire. After mastering the art of retail arbitrage and wholesaling, bundling is the next step to success, and the first step you need to do is shift your mindset and think not only your product but your ideal customer.
In this episode we discuss how to make the move from retail arbitrage to selling bundles and why this is the time to focus more on your customers and less on the data. We dive into the process of coming up with great bundle ideas and how to develop them into successful products that people need. We also discuss why combining bundles of products are doing a service in this one-click society to meet customer needs quickly and easily.
WATCH THIS EPISODE:
The FIRST thing you need to change in your business to move from Retail Arbitrage to wholesale bundles is your MINDSET.
The way you think about products and customers needs to change in order to succeed on Amazon with bundles. Do you genuinely consider your customer when you are scanning barcodes for retail arbitrage or do you only think about data, numbers and profit?
Products solve problems and meet needs. I “NEED” a pair of pink mirror glasses because I lost my favorite pair and the store I purchased them from last year is out of business. I find not only a pink pair of mirrored sunglasses but one that comes with a protective case AND and cleaning cloth. BINGO. Problem solved with a bundle.
You have to shift your thoughts from sales rank and profit margin to FIRST thinking about what problems and needs customers have. Name a problem YOU have or have had that a product or set of products can meet.
Have you ever looked for a product that you felt would solve a problem for you only to find out NO ONE, not even big bad amazon has it or anything similar? If you can solve a problem your customer will gladly say "TAKE MY MONEY!" If you can create a variety that no one has, it still MEETS a NEED!
We start this with thinking about things you already have experience within your own KNOWLEDGE BANK drawn from:
Background / Religion
Culture / Health
Experiences / Hobbies / Job
Workplace / School / Sports
In the home / With cars / With kids
What are the PROBLEMS you face?
What product or set of products would make life easier, or make something faster?In bundles we do NOT start with sales ranks, or even profit. Who cares about profit if no one wants your product because it doesn’t help them
WHAT TO DO NEXT:
“The number one thing that you actually have to do to start bundling is changing your mindset.” - Kristin Ostrander
This Week on the Amazon Files:
Smash Your Amazon Competition, Double Your Income!
Are you tired of going from store to store to look for inventory just to see other sellers offer it a few months later? Do you want to smash your competition and double your Amazon sales this year? Double your sales without the unnecessary cashout! We’re going to share with you the strategies we used to reach the six-figure business we’re currently running through wholesale bundles. If you’re serious about growing your business, go to www.MommyIncome.com/wholesalebundles.
------------------------- 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.