Is anyone importing/selling/dropshipping products on Amazon as a side hustle?
05-26-2015, 06:42 PM
Exactly. Write good, keyword dense ad copy. Pay up for a badass graphic designer. Find a supplier that comprehends English well. Do meticulous keyword research. Don't be afraid to spend money getting reviews and spending with PPC to get started.
This is basically just an import export hustle, which is a business model as old as humanity itself. The con is you have to do it through Amazon so you have to follow their rules and they can fuck with you. The pro is Amazon Is a massive, trusted brand with INSANE levels of traffic with their CC info stored and ready to buy. Conversion rates of 20%+ on a page are not uncommon at all. Amazon is much more easygoing and reasonable to work with than say google or Facebook. You can talk to actual humans. It is worth giving up the control I think, especially if you're not already rich.
Pro tip: keep the product in the impulse but range...$20-50. Always use x9.95 or x9.99 (look up pricing psychology if you don't believe me...it's straight up business red pill). I prefer a price of $35.95 to qualify for free shipping. On a $5 product this is a nice margin that gives room for marketing and assorted bullshit.
This is basically just an import export hustle, which is a business model as old as humanity itself. The con is you have to do it through Amazon so you have to follow their rules and they can fuck with you. The pro is Amazon Is a massive, trusted brand with INSANE levels of traffic with their CC info stored and ready to buy. Conversion rates of 20%+ on a page are not uncommon at all. Amazon is much more easygoing and reasonable to work with than say google or Facebook. You can talk to actual humans. It is worth giving up the control I think, especially if you're not already rich.
Pro tip: keep the product in the impulse but range...$20-50. Always use x9.95 or x9.99 (look up pricing psychology if you don't believe me...it's straight up business red pill). I prefer a price of $35.95 to qualify for free shipping. On a $5 product this is a nice margin that gives room for marketing and assorted bullshit.