TAS 223 : Ask Scott Session #66 - Your Amazon FBA Questions

This is the Friday Ask Scott episode of The Amazing Seller podcast where you (and people like you) get to ask their particular questions about Amazon sales. On this episode Scott fields question about choosing a product when the market appears to be very crowded, how to differentiate products, and what to expect when having products shipped from China. You’ll get a great taste from the type of things Scott is able to answer and learn how you can submit your own questions regarding Amazon private label sales, on this episode.

I have found a product possibility that looks promising but the market is very crowded. What should I do?

One of the things that you need to research when it comes to finding a product that could be a good seller on Amazon is the market that product is within. You want a product that is already on Amazon and selling fairly well, but if the market is too crowded you’ll have a very hard time getting your product to become a contender in that niche. BUT - that’s not always the truth. If you find a crowded market but many of them are not optimized well or are not getting many sales, you might have a winner, especially if you can differentiate your product somehow. On this episode you’ll hear Scott go over a number of ways a product can be created that is unique and draws in buyers, so be sure to listen.

Creating a bundle may be your answer to entering a crowded market.

If you’ve found a potential product that has great sales numbers in the highest selling products but is in a very crowded market, you can break in by offering a product bundle that meets more specific needs of the market. How do you do that? On this episode Scott talks through many of the things you can do to find exactly how you can make your products unique, get them into the market in a powerful way, and begin taking some of that market by adding value that nobody else is adding. You’ll hear it all on this episode of The Amazing Seller.

I got a quote from my supplier for shipping of my products but now that my products are in production the shipping has doubled? Is that normal?

A listener called in to ask Scott about what’s normal or customary when it comes to working with overseas suppliers. She’s already found her product and negotiated a deal on cost and features and the products are being produced now. But just recently she received an email from her supplier saying that her shipping costs had more than doubled - from $1000 to over $2500! She wants to know if that’s normal or if she should be skeptical and ask more questions. In typical style Scott goes right to the heart of the issue and gives some clear and practical advice on what this listener can do to find out exactly what’s going on. You can hear it on this episode.

Do you have an issue with your private label product that you’d like answered?

There’s no reason you can’t ask and get an answer. The Ask Scott sessions of The Amazing Seller podcast publish every Friday and are a great way for you to submit specific questions about Amazon private label sales and get an answer from Scott Voelker, and experienced Amazon seller. He takes questions from the most fundamental to the most advanced so don’t be shy about asking. You can find out how to submit your question on this episode of the podcast.

OUTLINE OF THIS EPISODE OF THE AMAZING SELLER

• [0:04] Scott’s introduction to thIs Ask Scott episode!
• [1:03] The issue of moving in Scott’s life, and how good is coming from it.
• [3:15] iTunes reviews are coming in!
• [4:56] QUESTION ONE: Can you clarify about how much competition is too much?
• [13:30] QUESTION TWO: I’ve got a possible product with great signs that I can get into the market, but there are many people trying to sell the product. What should I do?
• [23:20] QUESTION THREE: Do shipping costs change without warning or is my supplier trying to gouge me?

RESOURCES MENTIONED ON THIS EPISODE:

• www.TheAmazingSeller.com/ask - ask your questions
• www.TheAmazingSeller.com/156 OR www.TheAmazingSeller.com/161
• www.TheAmazingSeller.com/189 - about product research
• www.CamelCamelCamel.com
• Google Trends
• www.TheAmazingSeller.com/222