Welcome back to the Sprint to Profit Podcast for Amazon Sellers. In this episode, we are going to be discussing some of the most important concepts that you need to be prepared for when running a successful Amazon business in 2021. We’ll be covering threats and trends you should be keeping on your radar so you can stay ahead of the curve.
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Talking Points:
00:23 - Hello and Welcome
00:56 - Summary of the things we will go over today
07:50 - The threats to Amazon sellers
Big brands are now getting in on Amazon’s sales
Flood of competition as people look to supplement their income
Roll Up Firms
19:23 - Continued online Customer acquisition through 2021 after COVID 19
20:27 - Amazon will continue to roll out marketing tools to “help” sellers
22:25 - Amazon ASIN restrictions will continue
23:55 - Look out for more Augmented Reality tools
26:36 - Mobile shopping to become even more important
27:48 - Voice search SEO
29:35 - Product niches in health, wellbeing, relieving boredom, bringing the outside in
31:50 - Inventory management because of supply chain and warehouse restrictions
35:21 - Survival gear as some Americans are increasingly growing fearful of everything
35:50 - Pet products as people are in search of animal companionship
36:00 - Travel and other industries that will begin to trend soon
38:39 - Summary of what we went over today
00:00 - Conclusion
Resources/Links:
Money/Time Investment Tool: https://www.goteamreal.com/smartgoal
Our Website: https://www.goteamreal.com/
Real Amazon Seller Facebook Group: https://www.facebook.com/groups/AmazonSellerRoundTable/
Quotes:
08:58 - “Nobody wants to keep closing their business because they can’t keep coming up with sustainable business ideas to run their business in an innovative way. If you don’t change with the times, the times will leave you behind.” - Isaac
15:55 - “Yeah, we’re going to get more sophistication on Amazon but there’s no way this industry is going away. People (bigger than you and I) realize that this is a key opportunity” - Kirsty
18:22 - “The best time to always start an Amazon business was yesterday or last year. But you can’t turn back time, you can only think about what can you accomplish in the