Can I sell my FBA business? And what is it worth?

Over the past few years, a new kind of Amazon business has emerged – the FBA consolidator or aggregators. These are big businesses, with plenty of money to spend on buying up FBA businesses and scaling them up big-time.

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Use freelancers to grow your Amazon FBA Business

You may be brilliant at spotting new product trends and product improvement ideas. You may be really great at dealing with suppliers and running business strategy. But if your writing skills aren’t that great, your product pages could be letting you down.

Everyone has weak spots. When you start out, you’re probably going to have to do nearly everything yourself. But to get your business on to the next level, you’re going to want to use freelancers to fill in the gaps in your skill set.

Don’t wait till you are run off your feet. You need to have the time to decide which areas to outsource, the time to write a job specification, and the time to interview freelancers. So start thinking well ahead of time.

First, think where are the areas that either you don’t really understand all that well, or where you find it a real effort to get started. You should also think about what areas are taking up too much of your time. And finally, think about where you can make the greatest contribution to the growth of your business. That’s where you ought to concentrate – other tasks can be outsourced.

Thank goodness, there are plenty of consultants in the gig economy who are happy to help you with tasks like

•      product description writing;

•      SEO and listing optimization;

•      customer service – monitoring messages and reviews, and responding;

•      inventory management;

•      graphical design;

•      social media management, creating content;

•      product photography;

•      product sourcing;

•      supplier management;

•      advertising campaign management.

Finding freelancers is a breeze. If you don’t know someone personally then you can use one of the freelancer platforms like Upwork (nearly ten million freelancers!), FreeUp (specializing in online business), or Fiverr (for cheapskates since it starts at just $5). Both Upwork and FreeUp have client reviews and rank their freelances, which is extremely helpful in getting the right person.

The more specific you are about exactly what’s needed, about time lines (ten product pages now, or one a month for ten months, are very different things), and about your store branding and where you want to go with the business, the more likely you are to find the right freelances. “I want some stuff written for Amazon” will not get responses from top freelancers; “I want product description pages including A+ content for 20 products aimed at dog owners” is far more likely to get the right writer.

Set up interviews, or chat online, with the freelancers who have the best match to your requirements, and make sure you both understand each other’s requirements and ways of working. Decide whether you are going to treat the project as a one-off job, a project with payment by milestones, or whether this is a pay-per-hour job on an as-required basis.

Make sure you know what software you’re going to use. You may need to give a freelance a log-in to your own inventory management systems, or to share documents on Google Drive. You also need to know what’s the best way to chat to each other – email, Skype, or collaboration tools like Trello. Ensure you have VOIP in case of emergencies.

Finally, make sure your freelancers understand where you want your business to go. For instance, you might point to your competitors’ business and say “I want our products to be better than theirs,” or “how can I get a better sales ranking than them?” Or you might say “I want my store to be the go-to store for stationery addicts on Amazon, can you help me get there?”

The more your freelancers understand your business, the better they’ll be able to help you – and the further your business will go.

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How returns destroy your profit – and how to avoid them

One Amazon seller was already selling stationery and fountain pens, and looking for new products. Glass pens, with beautiful colored spirals in the glass, seemed like a really interesting new product.

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Lower fulfillment cost = higher profit

If you have to open your own store or create your own website and delivery service, you’ll have big costs – rental, insurance, and labor. If you’re importing as well, it can take up a lot of time and a lot of effort and cost. That’s why many businesses prefer to use FBA.

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Low Competition Niches on Amazon

Amazon used to be a lot easier. Many niches were uncompetitive, with sellers having low-quality listings and photos.

That all changed. With hundreds of courses on Amazon and tools to find new product ideas, all the best niches got discovered.

So how do you win in the long run?

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Your Amazon FBA Account Health

Getting a product suspended on Amazon could result in a lot of lost sales. An Account suspension is even worse. In this article we’re going to cover the top tips on keeping your Amazon account score healthy.

What is the best way to keep your product & account health score high? Always check the quality of your products before shipping from the manufacturer.

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Amazon FBA: Expand to Europe After Brexit

Amazon’s sales in Europe are well over $30 Billion and the marketplace is growing rapidly.

Brexit had a huge effect on Amazon sellers already selling products in the UK and European mainland. The dust has settled and it is much clearer now how to grow your business internationally. 

In this article we cover the top tips for expanding your Amazon business into Europe.

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