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6 Tips For Private Labeling On Amazon FBA & Choosing A Killer Product

Published on: November 30 2022 by Carter Maxwell

6 Tips For Private Labeling On Amazon FBA & Choosing A Killer Product

6 Tips For Private Labeling On Amazon FBA & Choosing A Killer Product

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00:00:00 00:00:05 what's up guys in this video I'll be
00:00:02 00:00:07 going over six killer tips for private
00:00:05 00:00:10 labeling on Amazon as well as choosing a
00:00:07 00:00:12 killer product so if you don't know me
00:00:10 00:00:14 already my name is Carter Maxwell I'm a
00:00:12 00:00:16 17 year old entrepreneur and I go by the
00:00:14 00:00:17 nickname of the high school hustler and
00:00:16 00:00:19 if you're trying to create online
00:00:17 00:00:21 business and make money while you sleep
00:00:19 00:00:22 then this is the chanter if you use to
00:00:21 00:00:25 go ahead and hit that subscribe button
00:00:22 00:00:27 so with my private label experience on
00:00:25 00:00:29 Amazon FBA I want to share through these
00:00:27 00:00:31 six tips to help you be a successful
00:00:29 00:00:32 Amazon seller so let's get straight into
00:00:31 00:00:34 it
00:00:32 00:00:37 step number one is to do proper research
00:00:34 00:00:39 and product research is everything when
00:00:37 00:00:41 it comes to private label if you don't
00:00:39 00:00:43 do the proper product research if you go
00:00:41 00:00:45 blindly into a product you're gonna end
00:00:43 00:00:47 up losing a lot of money and sales are
00:00:45 00:00:49 gonna be super super slow so I highly
00:00:47 00:00:51 recommend doing proper research and the
00:00:49 00:00:53 only way that you can do that is by
00:00:51 00:00:55 using a tool and I highly recommend
00:00:53 00:00:57 using jungle Scott that's what ninety
00:00:55 00:00:58 percent of sellers used and within John
00:00:57 00:01:00 mo Scott you're gonna have two different
00:00:58 00:01:02 extensions that you can use to help you
00:01:00 00:01:04 do your product research there's what is
00:01:02 00:01:06 known as the general Scott web app and
00:01:04 00:01:08 the Chrome extension so the web app is
00:01:06 00:01:09 really gonna do your main part of the
00:01:08 00:01:11 product research you're gonna put in
00:01:09 00:01:14 your criteria if you want a price range
00:01:11 00:01:16 of 15 to $50 if you want the product to
00:01:14 00:01:18 be under 50 reviews criteria like that
00:01:16 00:01:20 and then once you've possibly found a
00:01:18 00:01:22 product with good numbers on the web app
00:01:20 00:01:24 you can then go back onto Amazon and
00:01:22 00:01:26 search that broad term for that product
00:01:24 00:01:28 pull down the drum shop Chrome extension
00:01:26 00:01:30 and just view the database of how well
00:01:28 00:01:31 that product is selling and how well
00:01:30 00:01:33 other competitors are selling as well
00:01:31 00:01:36 and that's huge when it comes to private
00:01:33 00:01:38 label so that is the first tip when
00:01:36 00:01:40 private labeling step number two is
00:01:38 00:01:41 differentiating your product from the
00:01:40 00:01:43 competition I know this might sound
00:01:41 00:01:45 silly but you're already branding your
00:01:43 00:01:46 product with your company name and your
00:01:45 00:01:49 company logo to them resell it back on
00:01:46 00:01:50 Amazon but sometimes that's actually not
00:01:49 00:01:52 enough there's maybe too much
00:01:50 00:01:54 competition or everyone has the same
00:01:52 00:01:56 pictures or something along that line
00:01:54 00:01:58 strip they differentiate yourself and
00:01:56 00:02:00 that's why I highly recommend bundling
00:01:58 00:02:02 all right so with bundling you're
00:02:00 00:02:03 selling the original product and you're
00:02:02 00:02:05 adding something
00:02:03 00:02:07 onto it that is hopefully going to up
00:02:05 00:02:10 the value and basically help the buyer
00:02:07 00:02:11 benefit more basically creating a bundle
00:02:10 00:02:13 differentiate yourself from the
00:02:11 00:02:16 competition so if everyone is selling if
00:02:13 00:02:18 10 sellers are selling the same item and
00:02:16 00:02:20 you add a second variety item onto that
00:02:18 00:02:22 product you have what you've created
00:02:20 00:02:23 that bundle no one else can be able to
00:02:22 00:02:25 sell that and it's going to be a lot
00:02:23 00:02:27 harder for hijackers to come onto your
00:02:25 00:02:29 listing so differentiating your product
00:02:27 00:02:32 from the competition is the second tip
00:02:29 00:02:34 when private labeling on Amazon FBA but
00:02:32 00:02:37 the third tip on private labeling is to
00:02:34 00:02:38 create a high quality optimized listing
00:02:37 00:02:40 and what I mean by that is you need to
00:02:38 00:02:42 start out with your pictures you need to
00:02:40 00:02:43 get the best product photography that
00:02:42 00:02:45 you can get because that's going to help
00:02:43 00:02:47 differentiate yourself from the
00:02:45 00:02:48 competition someone has two pictures in
00:02:47 00:02:49 their crappy and they were taking them
00:02:48 00:02:51 from their house and you got a
00:02:49 00:02:53 professional photographer to take five
00:02:51 00:02:55 to seven images of your product you're
00:02:53 00:02:56 gonna be able to convert those bars a
00:02:55 00:02:59 lot better to your listing compared to
00:02:56 00:03:01 there's an other than pictures your
00:02:59 00:03:02 title your bullet points in your
00:03:01 00:03:04 description are gonna help the buyer
00:03:02 00:03:06 basically decide to purchase your
00:03:04 00:03:08 product or not because in your title is
00:03:06 00:03:10 kind of going to give a glimpse of what
00:03:08 00:03:12 exactly they're purchasing and getting
00:03:10 00:03:15 within that purchase and the bullet
00:03:12 00:03:17 points are kind of there to help show
00:03:15 00:03:19 the features and benefits of the
00:03:17 00:03:20 products so hopefully if you can get a
00:03:19 00:03:22 buyer to read those they'll be able to
00:03:20 00:03:24 convert and purchase your product a lot
00:03:22 00:03:27 more says the third tip in private
00:03:24 00:03:29 labeling on Amazon FBA so the fourth tip
00:03:27 00:03:32 for private labeling on Amazon FBA is
00:03:29 00:03:34 learn to use different tools to your
00:03:32 00:03:36 advantage all right so as a one-person
00:03:34 00:03:38 team or even with employees you're
00:03:36 00:03:41 eventually not to use some software some
00:03:38 00:03:43 database to help enhance in basically
00:03:41 00:03:44 make your business model a lot more
00:03:43 00:03:46 efficient and just like I mentioned
00:03:44 00:03:48 earlier junkless couch is a great way to
00:03:46 00:03:49 do that and there's actually an
00:03:48 00:03:50 extension on there that I would like to
00:03:49 00:03:52 tok about and that's what is known as
00:03:50 00:03:54 the product tracker and most people
00:03:52 00:03:56 don't utilize it but what you can do is
00:03:54 00:03:58 you can actually add any product on
00:03:56 00:04:01 Amazon to that tracker so presence we're
00:03:58 00:04:03 one in the track Howell product X is
00:04:01 00:04:05 selling so what you can do is you can
00:04:03 00:04:07 just copy the Aysen into the amazon
00:04:05 00:04:09 instantly junk out
00:04:07 00:04:11 product tracker and basically what it's
00:04:09 00:04:13 gonna do is after 48 hours it's gonna
00:04:11 00:04:14 pull down a database of how well and how
00:04:13 00:04:16 often that product just
00:04:14 00:04:20 sold from the sales ring for each day to
00:04:16 00:04:21 these units sold each day and a lot of
00:04:20 00:04:23 different criteria like that and you can
00:04:21 00:04:25 use that to your advantage if you are
00:04:23 00:04:27 looking into a product and then wanted
00:04:25 00:04:29 to see if there's not enough sales
00:04:27 00:04:31 velocity you can add the top four people
00:04:29 00:04:33 to that product tracker go back on to
00:04:31 00:04:34 that product tracker and see how well
00:04:33 00:04:35 they've been selling same uses sold
00:04:34 00:04:37 yesterday
00:04:35 00:04:38 how many is they sold a month ago and
00:04:37 00:04:40 stuff like that and that's just the
00:04:38 00:04:43 power of using tools because you're
00:04:40 00:04:45 using them to help just advance your
00:04:43 00:04:47 business and be a lot more efficient so
00:04:45 00:04:49 that is the fourth tip for private
00:04:47 00:04:52 labeling on Amazon FBA but the fifth tip
00:04:49 00:04:55 for private labeling on Amazon FBA is to
00:04:52 00:04:56 avoid seasonal products so I know when
00:04:55 00:04:58 doing product research
00:04:56 00:05:00 you're gonna stumble across those
00:04:58 00:05:02 products that are doing some pretty
00:05:00 00:05:04 crazy numbers but you really need to
00:05:02 00:05:06 check the background of that product and
00:05:04 00:05:07 make sure it's not a seasonal I know
00:05:06 00:05:09 what I mean by that is for instance
00:05:07 00:05:11 you're in the middle of the summer or
00:05:09 00:05:12 the beginning of the summer and you're
00:05:11 00:05:15 doing some product research any fine
00:05:12 00:05:16 like a pull float which there's tons of
00:05:15 00:05:18 different pool floats on Amazon right
00:05:16 00:05:19 now they're just making a killing and
00:05:18 00:05:22 for instance you find this pool float
00:05:19 00:05:24 some 50 bucks you're doing 20 grand per
00:05:22 00:05:26 month in sales you might potentially
00:05:24 00:05:28 make a lot of money from it what you
00:05:26 00:05:31 don't know is that product is seasonal
00:05:28 00:05:33 okay in a way to view this is actually
00:05:31 00:05:35 go to camel camel camel calm you can
00:05:33 00:05:37 actually looked up the Aysen of that
00:05:35 00:05:39 product on camel camel calm and you can
00:05:37 00:05:41 check out and see what the average sales
00:05:39 00:05:44 rank has been for that product look at
00:05:41 00:05:45 the Munsey if it's been selling more
00:05:44 00:05:47 this month compared to this month and
00:05:45 00:05:50 you can see if the product is season or
00:05:47 00:05:51 not so I don't have an example on this
00:05:50 00:05:53 live video right now but if you were to
00:05:51 00:05:55 look up a pull flow on a camel camel
00:05:53 00:05:57 what kind of May you obviously see a
00:05:55 00:05:59 spike in the sales rank compared to the
00:05:57 00:06:00 winter and the summer just because
00:05:59 00:06:03 people are buying floats for summer
00:06:00 00:06:06 obviously not winter and what I want
00:06:03 00:06:07 what I kinda wanna preach is like people
00:06:06 00:06:09 you want to have a product that sells
00:06:07 00:06:10 year-round okay you don't want a plane
00:06:09 00:06:11 that just sells during the summer just
00:06:10 00:06:13 obviously you can make a killing
00:06:11 00:06:15 what if he can make a killing from
00:06:13 00:06:17 Prague that sells a year-round and I
00:06:15 00:06:18 actually did do a seasonal product for
00:06:17 00:06:20 my first product because I was a
00:06:18 00:06:23 beginner and you know I was doing made a
00:06:20 00:06:25 killing during that time and then I did
00:06:23 00:06:27 know how to properly exit from that
00:06:25 00:06:28 product in ended up having a
00:06:27 00:06:30 extra stok going into these slower
00:06:28 00:06:32 months and end up losing a lot of money
00:06:30 00:06:34 on storage fees just inventory costs
00:06:32 00:06:36 just sitting there and so that's just
00:06:34 00:06:39 the tip the fifth tip for private
00:06:36 00:06:41 Liebling my name is on FBA the sixth tip
00:06:39 00:06:44 when private labeling on amazon FBA is
00:06:41 00:06:46 to understand all the amazon fees as
00:06:44 00:06:48 well as your product fees so people
00:06:46 00:06:50 often leave out fees that are
00:06:48 00:06:51 potentially losing them a lot of money
00:06:50 00:06:53 for instance when you purchase your
00:06:51 00:06:55 product you're gonna have your unit cost
00:06:53 00:06:56 you're gonna have the shipping cost
00:06:55 00:06:59 included for each unit you're gonna have
00:06:56 00:07:01 a payment service fee if you pay through
00:06:59 00:07:02 PayPal or if you pay through Alibaba
00:07:01 00:07:04 trade insurance there's gonna be a fee
00:07:02 00:07:06 for that transaction and even make sure
00:07:04 00:07:08 you're calculating all those into the
00:07:06 00:07:10 east unit so you can get a per unit
00:07:08 00:07:12 price once you have that per unit price
00:07:10 00:07:14 we need to calculate on Amazon on the
00:07:12 00:07:15 Amazon FBA calculator exactly how much
00:07:14 00:07:18 you're getting in return so if you're
00:07:15 00:07:20 selling your product for $19.99 how much
00:07:18 00:07:22 exactly is animals on taking from fees
00:07:20 00:07:25 am i up to the fees of it taken out you
00:07:22 00:07:26 put into your per unit price and how
00:07:25 00:07:27 much do you exactly receiving in a
00:07:26 00:07:29 profit and that's a big thing that
00:07:27 00:07:30 sellers miss out on either they're too
00:07:29 00:07:32 lazy they don't want to include
00:07:30 00:07:33 something and there's money there's
00:07:32 00:07:36 prices there's stuff that they're
00:07:33 00:07:37 missing out on which is really important
00:07:36 00:07:39 when trying to build a long-term
00:07:37 00:07:42 profitable business so that is the sixth
00:07:39 00:07:43 tip on private labeling on Amazon FBA so
00:07:42 00:07:45 that's it for this video on these six
00:07:43 00:07:49 tips for private labeling on Amazon FBA
00:07:45 00:07:50 as well as choosing a killer product so
00:07:49 00:07:51 if you enjoyed this video please feel
00:07:50 00:07:53 free to comment below with any questions
00:07:51 00:07:56 and/or video ideas you would like to see
00:07:53 00:07:57 in the future also don't forget to Like
00:07:56 00:07:59 and subscribe as I'm always give away
00:07:57 00:08:01 different tips and tricks on how to make
00:07:59 00:08:04 money online and I know I will see you
00:08:01 00:08:04 guys next video