4 Reasons Why People Fail At Private Labeling On Amazon FBA (MUST WATCH)
Published on: November 30 2022 by Carter Maxwell
4 Reasons Why People Fail At Private Labeling On Amazon FBA (MUST WATCH)
Table of Contents
4 Reasons Why People Fail At Private Labeling On Amazon FBA (MUST WATCH)
| startTime | durationTime | text |
| 00:00:00 | 00:00:04 | what's up guys Carter Maxwell here the |
| 00:00:02 | 00:00:06 | high school hustler and in this video |
| 00:00:04 | 00:00:07 | I'll be going over the four biggest |
| 00:00:06 | 00:00:11 | reasons that I always see people |
| 00:00:07 | 00:00:14 | consistently failing when it comes to |
| 00:00:11 | 00:00:15 | private labeling on Amazon FBA and guys |
| 00:00:14 | 00:00:17 | if you're trying to create an online |
| 00:00:15 | 00:00:19 | business and make money while you sleep |
| 00:00:17 | 00:00:20 | then this is the channel for you is to |
| 00:00:19 | 00:00:22 | go ahead and hit that subscribe button |
| 00:00:20 | 00:00:25 | guys when it comes to private labeling |
| 00:00:22 | 00:00:28 | on Amazon FBA I tend to see just so many |
| 00:00:25 | 00:00:30 | common mistakes by sellers that result |
| 00:00:28 | 00:00:33 | in failures to result in lots of monies |
| 00:00:30 | 00:00:35 | and just a bad overall private label |
| 00:00:33 | 00:00:38 | business so hopefully with my experience |
| 00:00:35 | 00:00:40 | having up to $25,000 month's selling on |
| 00:00:38 | 00:00:42 | Amazon FBA hopefully I can share some of |
| 00:00:40 | 00:00:44 | my experiences some of my setbacks with |
| 00:00:42 | 00:00:45 | you so hopefully you don't make the same |
| 00:00:44 | 00:00:47 | mistakes and lose out on money as well |
| 00:00:45 | 00:00:50 | if I'm going to keep it real the number |
| 00:00:47 | 00:00:52 | one reason that people aren't successful |
| 00:00:50 | 00:00:54 | when it comes to private labeling on |
| 00:00:52 | 00:00:56 | Amazon FBA is they don't even give |
| 00:00:54 | 00:00:58 | themselves a chance the reason being is |
| 00:00:56 | 00:01:00 | there's too much hesitation they're not |
| 00:00:58 | 00:01:02 | willing to take action they're not |
| 00:01:00 | 00:01:04 | making money moves if you don't invest |
| 00:01:02 | 00:01:06 | in yourself invest money into your |
| 00:01:04 | 00:01:07 | business you're never never never gonna |
| 00:01:06 | 00:01:09 | be able to grow you're not gonna be able |
| 00:01:07 | 00:01:11 | to scale your business to that level |
| 00:01:09 | 00:01:13 | that you want and just people are too |
| 00:01:11 | 00:01:15 | hesitant or too scared and what I see so |
| 00:01:13 | 00:01:17 | much when it comes to private labeling |
| 00:01:15 | 00:01:19 | is there's a lot of people interested in |
| 00:01:17 | 00:01:21 | this business model because it's so |
| 00:01:19 | 00:01:23 | efficient it's so convenient if you have |
| 00:01:21 | 00:01:25 | one product you can sell ten of it a day |
| 00:01:23 | 00:01:27 | 50 of a day a hundred it doesn't even |
| 00:01:25 | 00:01:30 | matter but people just suck in just so |
| 00:01:27 | 00:01:32 | much information they just watch tons of |
| 00:01:30 | 00:01:33 | different podcasts they watch my youtube |
| 00:01:32 | 00:01:35 | videos that comment they ask all these |
| 00:01:33 | 00:01:37 | questions and when it comes to actually |
| 00:01:35 | 00:01:39 | creating your Amazon sell account doing |
| 00:01:37 | 00:01:41 | the product research then no one they |
| 00:01:39 | 00:01:43 | never take action they just suck in all |
| 00:01:41 | 00:01:44 | this information and then a - hesitant |
| 00:01:43 | 00:01:45 | they're too scared they don't want to |
| 00:01:44 | 00:01:47 | make money movies they don't want to |
| 00:01:45 | 00:01:49 | invest in their business to try to make |
| 00:01:47 | 00:01:51 | money that's definitely the number one |
| 00:01:49 | 00:01:53 | reason that I see as the only way you're |
| 00:01:51 | 00:01:55 | ever gonna know if you're ever gonna be |
| 00:01:53 | 00:01:58 | successful and make money private |
| 00:01:55 | 00:01:59 | labeling is if you take action if you do |
| 00:01:58 | 00:02:02 | your product research you dedicate time |
| 00:01:59 | 00:02:04 | your business you set cash aside from |
| 00:02:02 | 00:02:06 | your personal checking or your personal |
| 00:02:04 | 00:02:07 | account and invest it back in the |
| 00:02:06 | 00:02:08 | business |
| 00:02:07 | 00:02:09 | I'm telling you nothing's ever gonna |
| 00:02:08 | 00:02:11 | happen don't be that person that never |
| 00:02:09 | 00:02:12 | tries to to scare they don't want to |
| 00:02:11 | 00:02:14 | invest a couple hundred dollars |
| 00:02:12 | 00:02:17 | a couple hundred dollars can change |
| 00:02:14 | 00:02:19 | their lives got it private label changed |
| 00:02:17 | 00:02:21 | my life I turn my income from ten |
| 00:02:19 | 00:02:24 | dollars a day into thousands and |
| 00:02:21 | 00:02:25 | thousands of dollars in 20 $25,000 |
| 00:02:24 | 00:02:27 | months when it comes to private label |
| 00:02:25 | 00:02:29 | all because I took action learn the |
| 00:02:27 | 00:02:32 | business bottle and stayed consistent |
| 00:02:29 | 00:02:34 | now the second reason that people always |
| 00:02:32 | 00:02:37 | fail when it comes to private labeling |
| 00:02:34 | 00:02:39 | is poor product research now I did the |
| 00:02:37 | 00:02:42 | same thing as some of those newbies that |
| 00:02:39 | 00:02:44 | failed I didn't do the proper research I |
| 00:02:42 | 00:02:46 | didn't have like a course or a mentor to |
| 00:02:44 | 00:02:48 | kind of guide myself off I just kind of |
| 00:02:46 | 00:02:49 | took action I didn't use jungle scout |
| 00:02:48 | 00:02:53 | which is basically the number one |
| 00:02:49 | 00:02:54 | product research software out there when |
| 00:02:53 | 00:02:56 | it comes to private labeling I didn't |
| 00:02:54 | 00:02:58 | use that I didn't want to spend $40 a |
| 00:02:56 | 00:03:00 | month because I was too cheap I was just |
| 00:02:58 | 00:03:02 | like all right I'll just guess and you |
| 00:03:00 | 00:03:04 | know what my first two two or three |
| 00:03:02 | 00:03:05 | products failed because I didn't do the |
| 00:03:04 | 00:03:07 | proper product research I just jumped |
| 00:03:05 | 00:03:09 | into a product I did the taking action |
| 00:03:07 | 00:03:11 | part but I didn't do the preparation I |
| 00:03:09 | 00:03:13 | didn't do the right research and end up |
| 00:03:11 | 00:03:15 | losing my but on a lot of money the |
| 00:03:13 | 00:03:18 | number one way to eliminate poor product |
| 00:03:15 | 00:03:20 | research and failure when picking your |
| 00:03:18 | 00:03:22 | private label product is to just invest |
| 00:03:20 | 00:03:25 | in a highly productive a highly |
| 00:03:22 | 00:03:27 | efficient product research software and |
| 00:03:25 | 00:03:28 | I highly recommend you use jungle |
| 00:03:27 | 00:03:30 | Scotney if you haven't heard jungle |
| 00:03:28 | 00:03:31 | scout before there's two different |
| 00:03:30 | 00:03:33 | databases that you can use there's |
| 00:03:31 | 00:03:35 | what's known as the jungle scout web app |
| 00:03:33 | 00:03:37 | and the jungle Scout Chrome extension so |
| 00:03:35 | 00:03:40 | within the web app you're gonna be |
| 00:03:37 | 00:03:42 | paying a monthly fee of around $40 and |
| 00:03:40 | 00:03:44 | within that web app that's gonna you're |
| 00:03:42 | 00:03:45 | gonna be doing like the hardcore product |
| 00:03:44 | 00:03:47 | research you're gonna be treating your |
| 00:03:45 | 00:03:50 | criteria say you want a price point of |
| 00:03:47 | 00:03:52 | $15 to $50 and you want a minimum of |
| 00:03:50 | 00:03:54 | let's just say 200 sales a month and you |
| 00:03:52 | 00:03:56 | don't want it to be too competitive so |
| 00:03:54 | 00:03:58 | you want the max reviews to be 50 and |
| 00:03:56 | 00:04:00 | it'll pull down every product that fits |
| 00:03:58 | 00:04:02 | your criteria and you can start doing |
| 00:04:00 | 00:04:04 | your research now once you've found a |
| 00:04:02 | 00:04:06 | few products that you think you could |
| 00:04:04 | 00:04:07 | potentially pry the label you add into |
| 00:04:06 | 00:04:09 | your product tracker and you kind of |
| 00:04:07 | 00:04:10 | track them over the next week or two |
| 00:04:09 | 00:04:13 | weeks or three weeks and see how well |
| 00:04:10 | 00:04:15 | and how consistent this sales are then |
| 00:04:13 | 00:04:16 | when you want to go into more depth and |
| 00:04:15 | 00:04:18 | actually possibly private labeling this |
| 00:04:16 | 00:04:20 | product you're gonna want to go to |
| 00:04:18 | 00:04:22 | Amazon and use your Chrome extension |
| 00:04:20 | 00:04:24 | which it's just gonna be like a one-time |
| 00:04:22 | 00:04:26 | payment I think it's around $120 and |
| 00:04:24 | 00:04:28 | within this Chrome extension |
| 00:04:26 | 00:04:30 | what you do is you go to Amazon and you |
| 00:04:28 | 00:04:32 | search the most broad search term for |
| 00:04:30 | 00:04:33 | that product like big spinner or |
| 00:04:32 | 00:04:36 | whatever it is and you pull down your |
| 00:04:33 | 00:04:38 | Chrome extension and for the first 15 20 |
| 00:04:36 | 00:04:41 | listings it's gonna pull down a whole |
| 00:04:38 | 00:04:42 | database of the product title the number |
| 00:04:41 | 00:04:45 | of reviews estimated monthly sales |
| 00:04:42 | 00:04:46 | estimated monthly revenue so able to go |
| 00:04:45 | 00:04:48 | through and kind of analyze that data |
| 00:04:46 | 00:04:50 | for that search term and for that |
| 00:04:48 | 00:04:52 | product that you're thinking about |
| 00:04:50 | 00:04:55 | potentially a private labeling so the |
| 00:04:52 | 00:04:56 | third reason I see people consistently |
| 00:04:55 | 00:04:59 | fail when it comes to private labeling |
| 00:04:56 | 00:05:00 | is not having an optimized listening now |
| 00:04:59 | 00:05:03 | before you even get into what exactly an |
| 00:05:00 | 00:05:06 | optimized listing is most newbie sellers |
| 00:05:03 | 00:05:07 | most unexperienced sellers think that |
| 00:05:06 | 00:05:10 | you need to have the bottom lowest |
| 00:05:07 | 00:05:13 | market price in order to make sales with |
| 00:05:10 | 00:05:15 | the competition and let me tell you that |
| 00:05:13 | 00:05:16 | is hun percent incorrect whoever you're |
| 00:05:15 | 00:05:18 | getting that information from throw them |
| 00:05:16 | 00:05:21 | in the trash never listen to them again |
| 00:05:18 | 00:05:23 | if I was to compare my current private |
| 00:05:21 | 00:05:26 | label products prices compared to my |
| 00:05:23 | 00:05:28 | competitions prices I would be on the |
| 00:05:26 | 00:05:30 | higher end spectrum price range for my |
| 00:05:28 | 00:05:32 | product just because I have an optimized |
| 00:05:30 | 00:05:34 | listing now you're probably wondering |
| 00:05:32 | 00:05:36 | what exactly is an optimized listing |
| 00:05:34 | 00:05:38 | it's basically where you have just two |
| 00:05:36 | 00:05:41 | fully all out perfect listing I'm |
| 00:05:38 | 00:05:42 | toking about professional pictures for |
| 00:05:41 | 00:05:44 | your product which means you pay the |
| 00:05:42 | 00:05:46 | professional photographer which you can |
| 00:05:44 | 00:05:48 | get easily for around 50 it's like a |
| 00:05:46 | 00:05:50 | hundred and fifty dollars on Fiverr |
| 00:05:48 | 00:05:51 | there's no need to spend three hundred |
| 00:05:50 | 00:05:54 | or five hundred dollars like some |
| 00:05:51 | 00:05:55 | sellers tell you to do and it can also |
| 00:05:54 | 00:05:58 | outsource your whole product listing |
| 00:05:55 | 00:06:00 | from your title to your bullet points to |
| 00:05:58 | 00:06:02 | your HTML description you can outsource |
| 00:06:00 | 00:06:04 | that whole thing because I'm not a very |
| 00:06:02 | 00:06:05 | good writer I'm not descriptive I'm not |
| 00:06:04 | 00:06:07 | creative if I was to write on my own |
| 00:06:05 | 00:06:09 | it'd be absolutely horrible but I can |
| 00:06:07 | 00:06:12 | just go outsource it for like $65 to |
| 00:06:09 | 00:06:14 | $100 on Fiverr and have them create the |
| 00:06:12 | 00:06:16 | whole product listing for me I just copy |
| 00:06:14 | 00:06:19 | it from the PDF and put it straight into |
| 00:06:16 | 00:06:21 | my description and everything for my |
| 00:06:19 | 00:06:23 | product listing now other than that need |
| 00:06:21 | 00:06:25 | to get try to get reviews on your |
| 00:06:23 | 00:06:28 | listing as well you can ask some friends |
| 00:06:25 | 00:06:30 | and family or you can just make sure you |
| 00:06:28 | 00:06:32 | have like a kind of like an automation |
| 00:06:30 | 00:06:35 | email software in order to get reviews |
| 00:06:32 | 00:06:37 | for your product organically and once |
| 00:06:35 | 00:06:38 | you have an optimized listing your price |
| 00:06:37 | 00:06:40 | is not gonna pay a huge factor you |
| 00:06:38 | 00:06:42 | didn't go to blow out the competition |
| 00:06:40 | 00:06:45 | sucky pictures not a very good title and |
| 00:06:42 | 00:06:46 | once you can get people to your listing |
| 00:06:45 | 00:06:48 | and you have an optimized listing you |
| 00:06:46 | 00:06:51 | can be able to convert those potential |
| 00:06:48 | 00:06:54 | buyers into customers a lot better now |
| 00:06:51 | 00:06:55 | the fourth reason isn't so much a reason |
| 00:06:54 | 00:06:57 | why they're failing but a reason why |
| 00:06:55 | 00:06:59 | they're not gonna be able to scale to |
| 00:06:57 | 00:07:01 | that six-figure seven-figure amount like |
| 00:06:59 | 00:07:03 | I wanted to reach and the reason people |
| 00:07:01 | 00:07:06 | aren't to be able to reach that range is |
| 00:07:03 | 00:07:07 | because they're not running Amazon PPC |
| 00:07:06 | 00:07:10 | now for those of you aren't familiar |
| 00:07:07 | 00:07:12 | with what exactly PPC is it's Amazon's |
| 00:07:10 | 00:07:15 | pay-per-click advertising platform to |
| 00:07:12 | 00:07:18 | where you can advertise on using certain |
| 00:07:15 | 00:07:21 | search terms keywords in order to create |
| 00:07:18 | 00:07:22 | additional sales and rank for your |
| 00:07:21 | 00:07:24 | products so if you're selling a fidgets |
| 00:07:22 | 00:07:26 | spinner if you're selling a microphone |
| 00:07:24 | 00:07:28 | you want to be able to rank for those |
| 00:07:26 | 00:07:31 | big search terms and you want your have |
| 00:07:28 | 00:07:33 | to pay up so for instance if you were to |
| 00:07:31 | 00:07:34 | jump into fidget spinners okay I don't |
| 00:07:33 | 00:07:36 | know I don't know why I'm using this |
| 00:07:34 | 00:07:38 | example so much but if you wanted the |
| 00:07:36 | 00:07:40 | rank for the fidget spinner search term |
| 00:07:38 | 00:07:42 | you're gonna be ranked on like page a |
| 00:07:40 | 00:07:44 | freakin like a hundred when you just |
| 00:07:42 | 00:07:46 | create your listing and then the only |
| 00:07:44 | 00:07:49 | way you can be able to reach page one |
| 00:07:46 | 00:07:52 | page two really be able to make the |
| 00:07:49 | 00:07:54 | majority of the sales is run Amazon PPC |
| 00:07:52 | 00:07:55 | you're gonna have to bid on that keyword |
| 00:07:54 | 00:07:57 | so if you wanted to rank your fidget |
| 00:07:55 | 00:07:59 | spinner for the keyword fit to spin or |
| 00:07:57 | 00:08:00 | maybe blue fidget spinner you can have |
| 00:07:59 | 00:08:02 | to pay you're gonna have to bid on that |
| 00:08:00 | 00:08:05 | keyword so you're bit you're able to |
| 00:08:02 | 00:08:06 | have your sponsored ad promoted on page |
| 00:08:05 | 00:08:08 | one so if someone looks up fidget |
| 00:08:06 | 00:08:10 | spinner they see your ad they click on |
| 00:08:08 | 00:08:11 | your ad it's obviously gonna charge you |
| 00:08:10 | 00:08:13 | for the click but if they purchase the |
| 00:08:11 | 00:08:15 | product you just create an additional |
| 00:08:13 | 00:08:17 | sell for yourself and you also ranked in |
| 00:08:15 | 00:08:19 | Amazon's algorithm for that search term |
| 00:08:17 | 00:08:21 | that you just made the sale for now |
| 00:08:19 | 00:08:23 | don't get me wrong I know a lot of |
| 00:08:21 | 00:08:26 | people that are successful and have |
| 00:08:23 | 00:08:28 | never touched Amazon's PPC system at all |
| 00:08:26 | 00:08:29 | now maybe that means you're just not |
| 00:08:28 | 00:08:31 | selling a very competitive product or |
| 00:08:29 | 00:08:33 | they're just okay being average making |
| 00:08:31 | 00:08:35 | average sales that's not me I wanted |
| 00:08:33 | 00:08:38 | this scale as quick as I can I want to |
| 00:08:35 | 00:08:40 | be the top of page one destroying my |
| 00:08:38 | 00:08:42 | competition just killing in sales making |
| 00:08:40 | 00:08:44 | the most potential profits that I can |
| 00:08:42 | 00:08:46 | for my product listing and the only way |
| 00:08:44 | 00:08:48 | you're going to be able to learn the |
| 00:08:46 | 00:08:52 | Amazon PPC system is obviously enroll in |
| 00:08:48 | 00:08:53 | my course or you can just test it which |
| 00:08:52 | 00:08:56 | means you're going to have to end |
| 00:08:53 | 00:08:58 | best money in the Amazon PPC platform |
| 00:08:56 | 00:08:59 | you're gonna have to invest $50 and |
| 00:08:58 | 00:09:01 | there you have to test certain search |
| 00:08:59 | 00:09:02 | terms different campaigns if it be an |
| 00:09:01 | 00:09:04 | auto campaign a manual campaign |
| 00:09:02 | 00:09:06 | different keywords different product |
| 00:09:04 | 00:09:07 | listings you're gonna have the test and |
| 00:09:06 | 00:09:10 | you're most likely gonna probably lose |
| 00:09:07 | 00:09:11 | some money up front but in the long term |
| 00:09:10 | 00:09:13 | and in scaling your business is |
| 00:09:11 | 00:09:14 | something that you have to have |
| 00:09:13 | 00:09:17 | especially if you want to reach that |
| 00:09:14 | 00:09:20 | six-figure second seven-figure Amazon |
| 00:09:17 | 00:09:23 | business also if you're interested on |
| 00:09:20 | 00:09:25 | how I've made up $25,000 months selling |
| 00:09:23 | 00:09:27 | private label products on Amazon make |
| 00:09:25 | 00:09:29 | sure you click the first link in the |
| 00:09:27 | 00:09:31 | description of this video anyways that's |
| 00:09:29 | 00:09:33 | it for this video on the four reasons - |
| 00:09:31 | 00:09:35 | why I always see people fail when it |
| 00:09:33 | 00:09:38 | comes to private labeling on Amazon FBA |
| 00:09:35 | 00:09:40 | if you enjoyed this video you found any |
| 00:09:38 | 00:09:42 | help from it make sure you comment below |
| 00:09:40 | 00:09:45 | and leave a like and subscribe to my |
| 00:09:42 | 00:09:47 | channel as I'm always giving away |
| 00:09:45 | 00:09:49 | different tips and tricks on how to make |
| 00:09:47 | 00:09:52 | money online you know that note I'll see |
| 00:09:49 | 00:09:52 | you guys next video |
Recommended
- How To Outsource A Merch By Amazon T-Shirt Design For $2
- How To Make $100 PER DAY As A BROKE Kid Or Teen! | FAST And EASY!
- How To Make $20,000 In A Month Private Labeling A TRENDY Product On Amazon FBA
- My CHRISTMAS Gift To You! GIVING Away $100 FREE & Access To The FBA Experts Course!
- How I Made $70,000 Selling On Ebay By The Age 16
