Episode 0023 | Life After Crowdfunding: Amazon Intelligence
03/27/19 • 31 min
In this episode, we’re bringing back our very popular series “Life After Crowdfunding.” And today’s topic of Amazon is one of our favorites—it’s the 800-pound gorilla of e-commerce that you cannot ignore. Let’s dive right in!
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⭐ During this episode, we detail these takeaways:
1. Crowdfunding success doesn’t necessarily lead to e-commerce success.
2. Amazon provides a wealth of readily-available intelligence that can help entrepreneurs to gauge how much demand exists for a product, how well (or poorly) those demands are already being supplied by competitors, how intense and/or mature such competition is, and what prices they need to either match or beat, all of which may help them to avoid wasting their resources on developing products that people don’t want.
3. Amazon sellers can’t ask for a premium price without offering a premium product.
4. Amazon prices should cover an Amazon referral fee of usually 15%, and perhaps an Amazon fulfillment fee that varies according to product.
5. Amazon sellers should perfect their listing before their marketing, and then quickly accumulate high-rated reviews from customers to build a good reputation that will boost sales.
✍️ Click here for this episode’s complete show notes!
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👉 We want to help as many people as we can; so, if this podcast helps you, then we urge you to please...
• Subscribe to it on our website so that you don't miss an episode!
• Discuss it in our private Facebook group with us and fellow entrepreneurs! Join this group to network for success and to get personalized answers to all of your business questions!
• Review it on iTunes to help us reach more people who need it!
• And tell all of your associates who might benefit from it!
We rely on YOU to help spread the word!!!
In this episode, we’re bringing back our very popular series “Life After Crowdfunding.” And today’s topic of Amazon is one of our favorites—it’s the 800-pound gorilla of e-commerce that you cannot ignore. Let’s dive right in!
----------------------------------------------------------------
⭐ During this episode, we detail these takeaways:
1. Crowdfunding success doesn’t necessarily lead to e-commerce success.
2. Amazon provides a wealth of readily-available intelligence that can help entrepreneurs to gauge how much demand exists for a product, how well (or poorly) those demands are already being supplied by competitors, how intense and/or mature such competition is, and what prices they need to either match or beat, all of which may help them to avoid wasting their resources on developing products that people don’t want.
3. Amazon sellers can’t ask for a premium price without offering a premium product.
4. Amazon prices should cover an Amazon referral fee of usually 15%, and perhaps an Amazon fulfillment fee that varies according to product.
5. Amazon sellers should perfect their listing before their marketing, and then quickly accumulate high-rated reviews from customers to build a good reputation that will boost sales.
✍️ Click here for this episode’s complete show notes!
----------------------------------------------------------------
👉 We want to help as many people as we can; so, if this podcast helps you, then we urge you to please...
• Subscribe to it on our website so that you don't miss an episode!
• Discuss it in our private Facebook group with us and fellow entrepreneurs! Join this group to network for success and to get personalized answers to all of your business questions!
• Review it on iTunes to help us reach more people who need it!
• And tell all of your associates who might benefit from it!
We rely on YOU to help spread the word!!!
Previous Episode
Episode 0022 | Living Happier through Stoic Philosophy
In this episode, we learn from Stoicism! Let’s get started...
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⭐ During this episode, we detail these takeaways:
1. We can live more happily by gleaning time-tested truths from great philosophers, including the Stoics, whose beliefs about pursuing happiness through virtue originated in ancient Greece, thrived in classical Rome, and continue to attract some modern adherents worldwide.
2. We should nurture gratitude for what we already have (whether time or things), and cheerfully use it well, while actively curbing our potentially-limitless desires for more, lest we allow our avarice to spiral out-of-control.
3. We should not worry obsessively about what we cannot control (like our past or our reputation or our mortality), but humbly accept it while instead focusing our attention on what we can control (like our present or our character or our time-usage).
4. Our thoughts help shape our outcomes, and our decisions determine our destiny; we should not mindlessly react to our circumstances as they arise but instead proactively “seize the day,” “live in the moment,” question our desires to reject any unworthy ones, focus our attention not on our difficulties but on the opportunities that accompany them, exercise our imagination to rehearse success rather than failure, and plan our future (including by preparing for misfortunes).
5. We generally know what we ought to do but we sometimes procrastinate committing ourselves to it fully; instead, we should immediately demand the best of ourselves and then exert our willpower and minds to become our best selves, which may require sacrifice.
✍️ Click here for this episode’s complete show notes!
----------------------------------------------------------------
👉 We want to help as many people as we can; so, if this podcast helps you, then we urge you to please...
• Subscribe to it on our website so that you don't miss an episode!
• Discuss it in our private Facebook group with us and fellow entrepreneurs! Join this group to network for success and to get personalized answers to all of your business questions!
• Review it on iTunes to help us reach more people who need it!
• And tell all of your associates who might benefit from it!
We rely on YOU to help spread the word!!!
Next Episode
Episode 0024 | Becoming Self-Aware and Defining Success
In this episode, we are bringing you Zach’s special interview by Carson Jorgensen in his pretty-famous podcast “The Definition of Success.” Carson and Zach discuss quite a few things that are a little bit different than what we normally talk about in our podcast—they talk about business, life, happiness, and (probably most importantly) the whole idea of self-awareness. Let’s get started...
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⭐ During this episode, we detail these takeaways:
1. We should develop self-awareness about who we are, what we can already do well, what we need to improve, and what we want to become, all of which will facilitate both our success and our happiness.
2. Self-awareness is aided by feedback from others; we should humbly accept such feedback to the extent that it helps us to progress, but also refrain from worrying excessively about what others think about us such that it impedes our progress.
3. We should focus our attention NOT on what we either can’t or shouldn’t control, but on what we can control, learning to control it well, which will facilitate our freedom in various respects, along with our happiness.
4. We should genuinely be ourselves, but also persistently strive to become our best selves.
5. We should focus not on tearing ourselves down but on building ourselves up in all of the various aspects of our lives, which involves maintaining our motivation while focusing persistently upon improving one important thing at a time, measuring our progress until we’ve mastered it.
6. We should maintain a connection with our past selves, maintain empathy for other people, seek mutually-beneficial relationships with them, and remember that freely doing nice things for them might encourage them to do likewise for us.
7. We should evaluate our potential business partners very carefully, and wisely delegate business responsibilities to specialists.
✍️ Click here for this episode’s complete show notes!
----------------------------------------------------------------
👉 We want to help as many people as we can; so, if this podcast helps you, then we urge you to please...
• Subscribe to it on our website so that you don't miss an episode!
• Discuss it in our private Facebook group with us and fellow entrepreneurs! Join this group to network for success and to get personalized answers to all of your business questions!
• Review it on iTunes to help us reach more people who need it!
• And tell all of your associates who might benefit from it!
We rely on YOU to help spread the word!!!
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