I get asked all the time … how do you sell on Amazon when the market is saturated.
Folks that’s a huge myth and I am going to prove it to you. Yes there are new courses
coming out every week about how to sell on Amazon… And eBay for that matter.
Selling on Amazon is hot right now. Many big time internet marketers are using
Amazon as another income stream and many have made it their main source of income.
Selling physical products on Amazon is one of the easiest ways to get
started making money online. The easiest by far in my book…
Well eBay may be easier to get started but not by much.
… And everything can be outsourced. So the big buys with deep pockets love it.
So everyone seems to be selling something on Amazon in 2015.
But it doesn’t matter!
Some Numbers To Prove Selling On Amazon Is Not Saturated
. In the Electronics Category alone there are some 90,253,000 or so products alone
. Cell Phone and Accessories Category – 67,800,000 products.
. Home and Kitchen Category – Almost 48,000,000 products.
. Sports Category – Over 20,000,000 products
. Books Category – Over 53,000,000 products
And that’s just a few of the major categories on Amazon. There are some 37
major categories with all but the Wine category having products numbering
in the hundreds of thousands. The Wine Category has like 8000 products.
And there are 100′s of sub-categories of the major ones.
So it doesn’t take much effort to find products to sell that don’t have that much
As an aside I read awhile back where Amazon was selling like 300 products a
second. That’s 18,000 products a minute. That’s a 1,080,000 products an hour.
That’s 25,920,000 products sold a day on just Amazon!!! If my math is right.
If it’s wrong that’s still a ton of product being sold every day.
Kind of hard to wrap your mind around numbers like that. Those numbers alone
tell me there is plenty of room for new sellers on Amazon.
Competition Is A Good Thing – Don’t Be Scared
Competition means the product is selling or people would not be selling it unless
they are not very smart.
Of course new products are put up on Amazon every day. Private Labeling is big
right now also. But you have to know what you are doing.
You can learn from your competition.
What are they doing? Where are they getting their products from? Are there product
descriptions and pictures any good?
If a product has reviews then they are doing something right because the product is selling.
I personally don’t even worry about competition because of the way I sell on
Amazon. I look for other indicators to tell me if a product will be a good
seller or not.
As a matter of fact one of the indicators is…Is there any competition? |
No one else selling the product is as bad as a 10,000 people selling the
product in most cases.
So quit worrying about to much competition. Most of the competition
is not really competition. They are just throwing products up on Amazon
without any idea of what they are really doing.
We can beat them all day long. With the method I use I just don’t think about
the competition to much at all.
I sell using a couple of different methods…Dropshipping, Retail Arbitrage
Online Arbitrage and FBA. Dropshipping is my main method right now
but I am starting to use FBA more and more. I also always look for products
when I am in a store (Retail Arbitrage) that I can make a profit off of.
How Do You Sell On Amazon?…The Bottom Line
You want to find a system that you can follow that will lead you to success
if you put in the work.
The key there is put in the work. There is a little learning curve at the start
but it is much less than most types of internet marketing/online sales.
There are a lot of programs that base everything on telling you that you won’t
have to do any work…. Run from those.
After you learn what you are doing pretty much everything can be outsourced
if you choose to do so.
The really great thing about selling physical products on Amazon is that you can learn at your own pace and sell at your own pace. You can do this at home and you can work it part time or full time.
Most people start off part time until they are making enough profit to move into it full time.
The bottom line of how do you sell on Amazon is you do it just like anything else. Learn from a company or individual that knows what they are doing and just jump into it full speed ahead. Start listing products and hopefully you will find some winners very quickly.
As I said earlier there are a lot of different ways to find and sell physical products on Amazon. Find the way you enjoy and what works best for you and go for it.