The Amazon FBA Mastermind Review The Amazon FBA Mastermind is a program that can help any beginner or expert in the ecommerce industry make money by selling on Amazon. It has been around for over 10 years, and still receives five-star reviews today.
The “youngjoon sun amazon fba mastermind” is a book that reviews the Amazon FBA Mastermind program. The author of the book, Young Sun, has created an online course to teach people how to start their own Amazon business.
Young Sun wonders whether he’s simply another one of the many folks you’ve seen talking about how to earn money on Amazon. Probably. And that’s why he’s not going to give you what everyone else has. His whole approach is unique. He prefers to offer well-known brands that are currently popular on Amazon. He claims it’s a method you’ve never heard any other expert discuss. Is he the real deal? You’re going to learn. Continue reading to find out what I thought of Young Sun.
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Young Sun is a full-time Amazon seller and internet marketer. He claims that you may sell household brands like Nike, Adidas, Apple, Samsung, and others by partnering with approved suppliers. You’ll be one of the few people who can sell these sorts of things without having their Amazon account suspended if you gain Amazon’s permission. That’s what I’m talking about when I say there’s an unfair advantage. These items would sell themselves, and there would be little competition? It sounds too good to be true to me, but let’s give the guy a chance to explain himself.
Young goes on to list a few other benefits. You’ll be dealing with U.S.-based suppliers using his plan, which will save you money on shipping and decrease turnaround times. You shouldn’t have to pay for Amazon PPC advertisements to gain sales since customers know these items by name and want to purchase them. You shouldn’t have to beg or manipulate the system to acquire reviews. Jungle Scout’s Amazon Sales Estimator is one of Young’s favorite tools for predicting how many sales a specific product would make every month.
Once you know that, you may determine whether or not you should attempt to market that name brand product yourself. If that’s the case, it’s all about getting the Buy Box. To do so, you’ll need to sell only brand-new items, price them competitively, provide both Prime and free delivery, give excellent customer service, and maintain enough of inventory on hand. You should also be aware of minimum advertised pricing (MAP), which is the lowest price at which you may offer one of these name brand goods for sale.
With that in mind, let’s assume you find a Nike sneaker you’d want to sell. You do your study and discover that four thousand units are sold each month. And the Buy Box is now being won by four approved Nike merchants. So, if you come in and share the Buy Box with them, you may expect to earn four thousand divided by five, or around 800 sales every month. That is, if you can secure approval from the provider and then Amazon. Then you may calculate profit by working backwards.
If the top four authorized vendors are all offering that shoe for about $75, and you can acquire them from the source for $50 a pair, that leaves you with $25 to deal with. Of course, Amazon will take a portion of it, but you’ll still have enough to put in your pocket. You might use a pricing monitoring tool like Camel Camel Camel to discover whether the items you’re thinking about selling have any seasonality. Young’s website, Revenue Generator dot net, has additional information about his technique and his Amazon FBA Mastermind.
He’s clearly knowledgeable, and his approach was one-of-a-kind, as promised. It’s energizing to consider offering items that people would want rather than a counterfeit cheese grater you opted to sell since the profit margin was nice. Young believes that with his approach, you can earn $9,000 per month selling only one name brand item. He doesn’t specify the price of his Amazon FBA Mastermind, but I’m guessing it’s not cheap. I’m simply curious as to how difficult it is to be authorized by these exclusive vendors.
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