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Today on the show we discuss the 3rd and final part of the Plan phase of Product Research - Knowing your Numbers. This concept is one of the most critical questions that every entrepreneur business owner needs to be able to answer in order to succeed. Without this knowledge, you are 95% likely to fail in your first 9 months as an Amazon seller.
We cannot really dive into product reSEARCH without first determining what type of Private Label(PL) product we want to aim for developing. In today's episode, Patrick explains what a PL product is, and breaks down the 3 types of PL products, and explains why one type stands out above the rest as the most profitable.
This episode kicks off a series on Amazon Product Research by introducing everyone to an amazon-age-old debate: Should I build a niche-centered brand, or just sell one-off products?
Today on the show, Patrick shares his wife's amazing discovery that as an Amazon seller, we get to not only be our own boss, with virtually unlimited potential for earnings and success, but we can also explore our passions simultaneously. If avoiding boredom is important to you, then selling on Amazon has everything you need, and then some.
Learning to take imperfect action is exactly what you need to get started, no matter how small or large your goals are. Get invited into the most "perfect" example of this idea in action today as Patrick shares a technique for a better business and life.
Election Day 2020 had a lot of buildup amidst a volatile year, to say the least. Are their external distractions that are volatile and harmful to your dreams and goals coming true? How is your Amazon business stacking up against what you thought it would be? In this episode, Patrick is going to share some stories and tactics that will help you align your goals, with your daily habits, helping you come out where you want to be at the end of any period of time in your entrepreneurial life journey.
I kick off the Master Private Label Podcast by bringing you back to how I got my start on Amazon, what led up to my wanting to learn FBA and why the hell I love to coach in the first place. Tune in and you may perhaps find a new place to help launch your business, and your life - onward and upward to greater success!
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