Things have gotten crazy busy around my house. My wife, Melane, and I just welcomed our first child into the world a few weeks ago. The weeks and months before our son was born were pretty intense as well – getting everything ready along with weekly doctor’s appointments.
You would think that this schedule would make it impossible to move my business forward, but the truth is our business has never been better.
I give God the glory for this and the key has been FOCUS.
Having less time to work has caused me to really focus on the most important things in my business and those things that only I can do. The result has been the best few months our business has ever seen.
One tool I use all the time to stay focused is Trello. Here’s a video I made for my Private Label Mentoring Group that I wanted to share with everyone – https://youtu.be/nGuKcBCYm8s
The weekend is a good time to evaluate where you are in your business and what you spend your time doing. I encourage you to look at your daily activities. Are they things that are the best use of your time? If not, hire those out and focus on the items that only you can do. That’s when you’ll see a massive difference in your business.
If selling physical products online is a major stream of income for you then I encourage you to take a look at private label. In my opinion it’s the best way to build a long-term, sustainable physical product business.
Imagine having no competition on your listings. Imagine products that are replenishable month after month. Imagine products that are immune to Amazon’s brand restrictions.
And best of all, private label doesn’t have to be hard and no, you don’t have to source overseas.
I’m sure you have noticed that Amazon is making it tougher and tougher on those in which their whole business is built upon retail arbitrage. Not to mention the number of other people that get into this business on a daily basis that drive prices down.
I’m not a doom and gloom guy. I think there will ALWAYS be opportunity for retail arbitrage. I just don’t think it’s smart to build your whole business on it. We all know that private label is the ultimate goal to build a long-term sustainable physical product business, but it still seems scary and unattainable for some. If that’s you don’t feel bad.
Christi Michelle launches private label products and exclusive bundles (almost as good as private label) in only 4 weeks and with less than $100. Her strategy could not be less intimidating and easy.
This time, though, she’s going to go into many more examples of her method and how you can implement it into your business. Plus if you register for the 2nd workshop, you get access to the first one for free!
In my private label mentoring program one of my students took Christi’s method and launched her own product for $68!
I know we’re in Q4, but there is still time to have your private label product or exclusive bundle launched in time for the peak of Q4.
You don’t want to miss this! This is the EASIEST method of launching a private label product I have ever seen.
Unless you’ve been hiding under a rock for the last several days, you’ve heard about Amazon’s review policy change.
Here are my thoughts in a Nutshell –
This is a GOOD Thing – It levels the Playing Field
Gone are the days of sellers with an unlimited budget being able to throw up sub-par products and getting them ranked and selling while the rest of us are busting our butts trying to build a real business.
Product selection is going to be even more important moving forward. Differentiate yourself. Don’t pick a product that is the same as 50 other listings.
– Discount the product initially and then slowly raise the price.
– Test Test Test
– Follow up with ONE Email
– Use Amazon Sponsored Ads
– Take Advantage of External Traffic (FB Ads, Pinterest, Instragram, Bloggers, Youtube)
The good news is that they do, but you just have to know how to get that information.
Imagine launching bundle after bundle or private label after private label knowing in advance that your chances of success are high!
Imagine doing this and having several products ready by this Q4!
You don’t have to imagine. My friend Abe Ortolani is a data mining expert and he’s going to show you his EXACT method for finding short and long tail keywords that will turn into fantastic private label and/or bundle ideas.
Here’s what one webinar attendee emailed to me afterwards…
“Got sooo much info this evening from you guys. Thank you so much.”
Barrington and Lance shared a TON of nuggets last night on the “How to Crush Q4” webinar. You can catch the replay here –https://youtu.be/KdLGCMRdLnE
Here are a few takeaways:
Some people just need an injection of confidence. You can do this. Q4 is the time to make it happen.
Q4 can make the difference in your business.
Run an Amazon report from Q4 last year to see what sold for you then. Source those items again.
Avoid the race to the bottom by bundling a hot item with something complimentary.
Most sellers are lazy and won’t take the time to create bundles. Do this one thing and you’ll set yourself apart and reap huge benefits. (Lance revealed one of his bundles that sells very well at Christmas time)
Go straight to the source to get the best pricing (Lance and Barrington showed how they do this)
For those of you that source shoes… if there is no barcode on the box many times you can look inside the shoe and there will be a barcode on the tongue of the shoe.
Lance and Barrington also revealed some of their hottest selling products for Q4
Getting into a Q4 Plan group with other sellers can pay BIG dividends and save you a TON of time this Q4
Also, I’m giving away 2 bonuses for anyone that joins the Q4 Plan using my link (http://ryanreger.com/q4) – Jenni Hunt’s 2016 Hot Toy Trends AND my book Private Label the Easy Way. Simply email me at email@example.com with your receipt and I’ll send you the link to these bonuses.
It’s not fun when the rules change or when things happen that are outside of our control.
When they do happen, we have two choices: quit or move forward.
You are of the type that is going to figure out how to adapt and move forward in your business.
In 2008, we started by selling furniture on Craigslist. For over 3 years our entire business was built upon Craigslist. Then one day it came crashing down because of a competitor using auto-flagging software (we think) to remove our ads.
Was that fair? No!!
At that moment we had a choice and we chose to figure out how to move forward. God was good to us and brought Jim Cockrum into our lives who told us about Amazon FBA.
Our business has never been the same – it has grown beyond what could have been possible through Craigslist.
It can be the same for you and your business. Use this as an opportunity to grow and move forward.
So what’s the solution? I believe private label is the best way forward, but not private label like you might think….Private Label the Easy Way.
Yes. There is an easy way to private label and I’d love to help walk you through it.
Unless you’ve been hiding under a rock for the last week, you’ve heard the news about Amazon restricting more and more brands.
Sellers all over the internet are in a panic about it and lots of experts have weighed in with their opinions about what it all means.
Do I think retail arbitrage and online arbitrage is dead?
In short – No.
Do new restrictions like this make it harder for us as third-party sellers? Yes.
But, business is always changing. Look at Blockbuster video. They failed to adapt to the new trend of streaming video when Netflix and Hulu came on the scene and they are now out of business.
When we first started selling online, our main source of income was Craigslist. One day we woke up and saw that most of our listings were being deleted as soon as we submitted them – not good when your income is based solely on that platform. Very soon afterwards, we found the Amazon FBA opportunity and now Craigslist is a distant memory.
So what does this mean for you in regards to Amazon’s changes? It means you adapt. While other sellers complain and say things like “Well, I guess I’m going to have to go back to my old job” you make the necessary changes in your business and move forward.
Remember why you started this business in the first place. Remember your why and diversify.
I love the private label model and it’s one that is immune to these new brand restrictions.
Let Jenni Hunt and I show you especially now why private label should be part of your business and how easy it can be on a free training webinartomorrow night at 7 PM CT.
Whether you believe RA and OA are dead or not, THIS is how you beat your competition for Q4!
Q4 is the last quarter of the year… October through December – and it is traditionally the busiest selling season because of the Christmas holiday.
Many Amazon experts will say it is too late to send in inventory for Q4… that you should have had your orders in months ago if you plan on selling well for the holiday season… and don’t even think about private label this late in the game.
But, I’ve been doing this for a long time, and I’m able to say – It’s NOT too late! And – I have the tools to help you get in the game and play big!
When most sellers think of private labeling a product, they think of ordering huge (costly) quantities from China to put their own brand on. Frankly, that can be a bit intimidating… believe me it isn’t the only way. In fact, there is a MUCH less expensive way that cuts time it traditionally takes to get a PL product to market by up to 80%! No joke!
Using the methods in Private Label the Easy Way, you can get your own private label product to market in 4-6 weeks with as little as $100-500!
That means you can have a product selling for the hot selling season that is just around the corner!
Learn more on the FREE training Jenni Hunt and I are doing Monday night at 7pm CT
If you have read any of my books you know that I’m quick to give God the glory for any measure of success I have achieved. It’s all because of His grace.
For the last couple of years it has been on my heart to write a book about how to find and fulfill God’s purpose for your life. The result is a book called “Finding Your Grace Place.”
I know that it’s not your typical selling on Amazon stuff that you’re used to seeing me write about, however I wanted to give you an opportunity to grab it for free while I’m doing a promotion for it on Amazon.
In it you’ll find out: God loves you so much, that no matter what your past was He still Has an awesome plan for you, and in order to fully step into that plan you must receive His constant supply of grace. This message will encourage you and refresh your soul.
The promotion starts today and runs through Sunday. Even if you don’t plan to read it, would you consider downloading it to help me out?
Last night I had the pleasure of hosting a webinar with my MM8 mastermind buddies, Eric Hardwick and John Bullard Jr. These guys are multi-million dollar sellers and have joined forces to create a Chrome Extension that will save precious time and help you make better inventory buying decisions.
Eric and John have graciously offered a significant discount for my readers and the first 50 that grab Stock Check for theirridiculous charter price they’re throwing in their next extension called “Hit Source”, which allows you to quickly find suppliers for items selling on Amazon. Check out the end of the webinar for a demonstration of this one.
Have you ever audited the time you spend in or on your business?
If you’re like me, it’s so easy to waste precious time on tasks that do absolutely nothing to grow your business. This could include tasks like going through endless amounts of email and checking how much you sold (sometimes many times a day).
But I’ve made a very interesting discovery over the last couple of weeks. My 93 year old grandfather passed away about 2 weeks ago and I flew up to Indiana for the funeral then my parents and I got in a car and drove 15 hours back to Texas as they’re spending a couple of weeks here with us.
Because of all of this I have had to postpone for a couple of weeks a webinar series I was going to do for my Private Label Mentoring Group, but for the most part my business has ran just as well with the limited amount of time I have had to attend to it.
The secret is that when I have had time to work, I have concentrated on the most important things that needed attention.
What that tells me is that the things I haven’t had the time to do are not really that crucial anyway so I should either eliminate them or find someone else to help me with them.
Focusing on the most important tasks has been the key during this time. If I can learn my lesson then I’ll keep right on as if I have a limited amount of time or I’ll do a better job of scheduling my work so that I don’t just sit down at my computer without a specific task that needs to be accomplished.
It’s too easy for me to get distracted on unimportant things and time is too precious to be wasted.
So if you sell physical products online then your #1 task is to find inventory. Other things like packing and shipping can be outsourced. My mentor Jim Cockrum says that you shouldn’t be doing tasks that you can pay someone else $10 per hour to do. If you’re still doing these $10 per hour tasks then make it a goal to move past that.
Maybe you’re ready for a VA to help you find product. Then that inventory could be purchased and sent to a fulfillment center meaning you’d never have to see it our touch it.
What about hiring someone locally to help with sourcing and your shipping?
The main point is to focus on what only you can do. That’s when your business can grow to its true potential.
Have a great week!
P.S. Check out this video I did several weeks ago about the 3 diseases of an online business – Shiny Object Syndrome, Analysis Paralysis, and Refresh Disease.