AMZ One Step How_to_sell_on_Amazon_in_2019_(FBA_Private_Label) | Page 5

How to sell on Amazon in 2019 (FBA Private Label) - AMZ One Step
For the seller information part, you would need to give a name and address as well as a Display
Name. This is the name of the supplier that buyers see as a hyperlink next to the product. It can
be anything you wish, but while taking care of the fact that it is a public name, you can choose
something creative that matches your brand.
In the next step, you will be asked to verify yourself by a phone call or a text message. Lastly,
you will be asked to provide your bank account and credit card details to mark the registration
complete. Once you have your seller account verified and ready, the next step is finalizing your
product and essential tools.
Product Research & Essential Tools
For Amazon FBA sellers, it is the product research that is most time-consuming. There is a great
deal of difficulty in predicting what to source from a manufacturer and sell on Amazon. From
finalizing a product that you are planning to sell to deciding its demand on the platform, you
need to make sure that all research aspects are covered. There are many ways to do the product
research. This chapter aims at elucidating a few methods so that it becomes easier for you to
understand its basic requirements. Reselling a popular product is very profitable, but only at the
beginning. Products high on demand often attract a lot of resellers, which ultimately makes a
particular product too competitive. The reason is pretty self-explanatory - a single product with
too many resellers divides the sales profit. A huge factor dedicating to this issue is the repetition
is selling patterns. Videos found on YouTube regarding reselling tools and techniques are too
outdated for today’s competitive markets. Such recurrence in patterns does nothing but kill the
essence of effective market strategies.
Finding a reliable source in getting expert advice is a very important factor in determining the
success of a product at Amazon. The more experienced insight you receive, the higher becomes
your chances of success. It also teaches you the skill of tackling difficult situations and avoiding
mistakes in the process of establishing an online business on Amazon.
Before heading on to the techniques, let us share Steven Mayer’s 24 core pillars of product
research. With ample experience in the field of Amazon business, Mayer provides the best
possible tips on how to start and grow an online business. If you follow these 24 advices during
your product research phase, we can guarantee your success in private label business. And
what’s better than guaranteed success?
Here are the techniques required to be followed in product research:
1. Speed of Reviews: Reviews are a significant determinant of the popularity of a product.
The more reviews a product has, the greater number of customers it attracts. If you
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