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Fxphil's Guide To Amazon and Long Term Cash Flow

Discussion in 'Black Hat SEO' started by fxphil, Mar 8, 2015.

  1. fxphil

    fxphil Senior Member

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    Let's be honest, I wrote the other article to persuade a view of honesty in art of blackhat. I'm not going to get into philosophical aspects in this article but this is for real business owners who care to maintain long term income. I can't control everyone but if you want a legit quick start do this and don't burn people.

    I'm not posting pictures of my income, fancy cars or some twelve year old holding 800 dollars with his crinkled gangster wrist with a sideways ball cap on. This is real and can rinse and repeat until you have the money you want.

    A note about me is I'm a serial entrepreneur. When I was younger I read that 1 in 10 businesses make it and the rest fail. From that point on I figured I'd make 100 businesses and rely on 10 successful ones. Through this I have learned a crap ton more about random businesses than anyone else. I also now give advice and speak to some of the world's largest heads on innovation and success. (sometimes to public speaking)

    I write my journals and case studies after the fact because why waste time telling people what I'm going to be doing and how I want it to be compared to how it is and how it actually turned out. I told some of you my values (on the pre thread) and that blackhat can create a life time of legit income. This post may come off as long and tedious and possibly be of no value to you what so ever. If this post does not pertain to you and you are better than this information or me move along. The sole purpose here is to learn some things and apply principles I have used to make a lot of money honestly and continue to do so.

    To save time this will involve reselling on Amazon, clickbait, and facebook marketing. If you're not about it once again move along.
    Let's jump right into the details. I'm going to share with you a few multiple streams of income and how to conquer and be the leader in each.

    Let's start with Amazon, the process is simple with Amazon yet so many streams of income are available. Let's focus on two, listing products and affiliate links. Combining these two things together will yield the max amount of ecommerce income you can get.

    The first step of this is to get a product. (Learn to hunt on trends) I'm not going to teach you how to trend hunt as there are 100's of threads on it. But once you find a trend, this is where we begin.

    Let's say for example you identify an upcoming trend "Garcinia Cambogia" (obviously a fading trend now) but let's say you hop on this bandwagon. You now have a product, but instead of jumping right to affiliate links you need to learn that being the man behind the products is more time consuming but also more powerful and profitable then just linking. Directly I'm talking about private labeling items, rebranding them and reselling them. You are missing income potential pimping other people's products (there is a time for this later in the article where you actually pimp your competitors products)

    Amazon as we know has the program FBA where you can store your items there and they handle the shipping, processing and customer support. (You will need a Tax ID or VAT number depending on your country ) What you want to do when private labeling items is find a vendor that allows "Blank Product Private Labels" So you would find a company (Searching private label vendors) for the product you want. Garcinia Cambogia can be purchased with blank labels for under $4 a bottle at around 500 bottles of it. You then can label your bottle something fancy and make a FDA approved label for it. Your actual labeling can be made for $5 off fiverr or any graphic design artist can set it up in 10 mins. The next step would be sending them into amazon. You will be looking for 3-5x on your investment. So if labels, bottles, and pamphlet instructions cost you a total of $5 per a bottle you will want to charge 19.99 minimum. In your amazon account you setup the MSRP as $29.99 and sale price of $19.99 (Stupid marketing trickery) The next thing you need to do is when listing your products you need to learn how to do on page seo for your item. Amazon does not hide this and the details can be found right in the Amazon help files from keyword to seo descriptions. On your product setup page you will want to fill out everything do not leave empty boxes or stats as every bit helps. The next item on the list is to get reviews. You will want to expedite this through a contractor that is NOT ON FIVER. Many lurk here on BHW seek them out. So now you have a product, product page and FBA ready. (FBA ready means you mailed the warehouse your products and they are ready to sell.)


    1. Find a trend
    2. Get a Private Label Product for trend
    3. Buy UPC (they are cheap)
    4. Setup FBA and Product
    5. Get positive Reviews

    The next thing you are going to run into is Velocity Limits, when you start selling a massive amount you will come up against Amazon's iron fist. As long as you are branding the products and can prove they came from you Amazon will grant you further access.

    With this being said you must also grab a google voice number for customer support. Customer support is by far the best way to solve product problems and bad reviews. When someone leaves a bad review (and the will) your first objective should be solve the issue. The first step to getting negative product reviews abolished is simply report them and you have a 10% chance of them being removed. The next is contacting the customer and offering him refund if he will remove it (you may have to offer a refund with letting them keep the bottle) this is not problem when 1% or less of your sales need refunds as your profit margin covers this loss. When you come across a 3 star rating your mission should be to get that to a 4 and NOT A Complete Refund or removal. Offer the 3 star rating 50% of his money back and let them keep the product. This means you still profit ten bucks and you get a 4 star rating. This will keep sales ranking high. Amazon ranks the majority products based on reviews and sales speed.

    When it comes to Sellers Negative feedback you can nearly get these deleted instantly. Any time they mention the product you can turn in the review under sellers support and they will remove it as Sellers Reviews are not product reviews and it's against policy for users to leave product feedback on seller's pages. This is 99% of the time customers who complain for this. (NOTE: If you sell FBA and get a negative sellers feedback they will cross out the review and take responsibility for it clearing you of penalties)

    Sometimes negative product feedback just can't be changed and the customer is not a good human and want's to make a scene. This is where you gotta get blackhat on them. When you come across the bad feedback write a responsive comment along the lines of "sorry this did not work for you, it works for most of our customers and for the ones it doesn't we offer a refund. Please contact us and we will take care of you"

    The blackhat part comes in after this where you contract 30 downvotes on the customers review so it does not appear to be a top rated negative feedback. So you bury the review to "unhelpful status"


    1. Customer Service is Key
    2. Customer votes count towards rankings so forfeit a few dollars of profit for the greater good
    3. Report all negative feedback

    I could go into more detail but I think you will see it's not hard to control your sales A-Z J

    Now let's talk about competitors! This is where your affiliate linking is KING!! Everyone and their wanna be IM cousin is selling "Awesome Garcinia Cambogia" so what happens? Most people look past the Amazon reviews and will now google the brands to see if they work. This is where your branding is important, naming your product "Winter Green Garcinia Cambogia" will pretty much guarantee that your product pops up with someone googles "Winter Green Garcinia Cambogia" Your mission is to take the top competitors selling the same product and focusing your aff site on them. YOU want to be the one ranking for them so that when someone gets to your site you can control the customers feelings by stating "If you are looking at the competitors product you may as well check out ours who is rated higher and better quality for a 1/3 less ETC" This is where you talk up your product over the other ones. This will guarantee that they buy your product but on the chance they don't you still get profit from your competitor's products if they choose that route (through AFF link).

    So that's a brief look at amazon I would say find a legit product, get to know it so you can answer questions and offer the best customer support and sell it directly. Don't back BS products honestly know and care about what you sell and who you sell to.

    A third option for streaming multiple income is writing ebooks. There is still tons of money in this. If you're a graphic designer make children's books. (GOOD MONEY HERE) and residual.

    The object is to not rip people off and get them to buy the product they want from you.

    Charity - Give back when you can it's important.

    I'm not done writing the CLICKBAIT facebook site part up but promised I'd have something for everyone on Saturday so this is what you get. This is part 1 If I have time I will get the rest out later this week. The rest has to do with selling your product directly off your site and marketing your brand not just AFF links and AMaZon..
     
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    Last edited: Mar 8, 2015
  2. ficfroc

    ficfroc Regular Member

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    Awsome ! great post fxphill
     
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  3. MittensonMitten

    MittensonMitten Newbie

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    this guy is legit. I make graphics for FXPhil and I can say from first hand experience that he knows what he's doing.
     
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  4. fxphil

    fxphil Senior Member

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    Thanks Joey, build your rep, grab a membership and sell some designs work.
     
  5. sbndnb

    sbndnb Regular Member

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    Great share, it's always nice to see people who treat this as a proper business.
     
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  6. cottonwolf

    cottonwolf Regular Member

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    Hi Phil

    Thank you for the post. Charities are bigger ripoffs than any blackhatter ever could be. And yes, amazon is totally awesome with kindle on top.
     
  7. NLhead38

    NLhead38 Jr. VIP Jr. VIP Premium Member

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    Great thread fxphil. Am I correctly assuminig you've done this 10's of times now? What about competition on Amazon? How you get your sales on Amazon, which most of your buyers probabaly come from.
     
  8. fxphil

    fxphil Senior Member

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    Private label companies do not care where you live in fact you can have them label the products for you (at a premium) and send them directly to amazon for you. I do not want to give out vendors but after doing a trend search then taking that product and adding "private label" to it you will see it works. Also you can get great private label products outside the US and sell them on Amazon.YOUR Country.Uk, India and japan, all have AMA FBA availability.

     
    Last edited: Mar 8, 2015
  9. fxphil

    fxphil Senior Member

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    Some are, I use go fund me at a local level to make sure the money goes to people who are real and worthy. 90% of the time you CAN'T write it off but it feels good to help people locally.
     
  10. fxphil

    fxphil Senior Member

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    You don't have to do it 10's of times, one product can yield 50-60k a year. I work on about 5-10 year and build as I can because as you grow you need to hire people and you need to make sure the cost yields the profits worth while. Build an empire that stands on many legs so when one leg breaks the rest hold your standards.

     
    Last edited: Mar 8, 2015
  11. theincredibleseo

    theincredibleseo Senior Member

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    Nice share mate .
     
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  12. TheUnborn

    TheUnborn Elite Member

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    Excellent Tutorial buddy, will surely give it a try
     
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  13. fc-dh

    fc-dh Elite Member

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    So basicly you mean dropshipping?

    Find a trend, find a product, sell it on amazon.

    Nothing new here.
     
  14. Methodone

    Methodone Junior Member

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    It's not dropshipping, you need to brand your product, for example search in amazon for "cook n home" you will get a "branded" cookware, but in fact it's just a Chinese crap that you can find in Alibaba and their affiliate sites. So basically you making a "new brand".
     
  15. sikandar

    sikandar Senior Member

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    Great post FxPhil ... Can you provide some pointers about where one can find private label products in health niche? Thanks in advance
     
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  16. netcelal

    netcelal Senior Member

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    thank you for this awesome share mate !
     
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  17. prab1996

    prab1996 Elite Member

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    Bookmarked, I am going to start amazon next month and this will help alot.

    Also thumbs up your good reviews. If your first few reviews are great then it will add more chance of sale.
    Your first few reviews should be great and try to get a review from a top reviewer. (it works like getting followed by mattcutts on twitter. )
     
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  18. fxphil

    fxphil Senior Member

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    I'd shoot for smaller products under 13 ounces. For two reasons one BIG items tend t have big returns and low margins. BUT mor importantly in the the GREAt USA any item under 13 ounces quiclifes for first class mail. This means about a 50% reduction in shipping fees and more profit of around $2 an item. So depending on your shipping structure shoot for items that can be shipped easily and returning is a synch when the item is pennies compared to the volume you sell.

     
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  19. fxphil

    fxphil Senior Member

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    It is not drop shipping it's making your own brand and product lines. Summing up this post in a few words is dangerous because you need to protect your brand after you get it up. You would be really hurting if you were making 250k a year off one product just to have it banned online because a policy violation or a competitor trying to neg review you. This post was not meant to trimmed down to simplicity it was to make you think about how your empire will get growing.

     
  20. fxphil

    fxphil Senior Member

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    I'd shoot more for cosmetics if I where you. I used supplements because we can relate to them but there is tons of money in unbranded cosmetics. I found a skin elastic cream that sells for 50+ dollars and cost $3 a bottle.

    http://lmgtfy.com/?q=cosmetic+private+labels <-- tons of places