Who else? <3working from home

Many of you know that I’m based in Portland, and I will always have a soft spot for this city. That being said, I think Portland has some of the biggest varieties of niche businesses, brands, and entrepreneurs. The city, known for being “weird,” draws in many small business owners and entrepreneurs with dreams for… Read more »

The post Top 37 Entrepreneurs In Portland, Oregon appeared first on One-Click Lindsey.

I <3 internet marketing

It’s hard to believe that it’s been a full year since we launched WPCourses.com! In that short time, we’ve been incredibly inspired by the group of ambitious learners we have been able to work with. In fact, we’ve been so moved by the enthusiasm of the community we’ve built so far that we want to ensure this experience is available to as many people as possible.

So we’re happy to announce the launch of our very first free course, Intro to Blogging. In this course you’ll learn about: 

  • What blogging is and why so many people are doing it.
  • How to set up, navigate, and manage your blog or website. 
  • How to create blog content like a pro and create a site people love to visit.
  • How to identify your audience, set goals, and build your own blogging strategy.
Illustration of site editor and paint brush.

By signing up you’ll get access to our course platform where you can work through each lesson at your own pace and take your time to really put that information to use as you build, design, or revamp your site.

We also used our time building out the free course as an opportunity to improve our existing content. We went back through all of our resources, added new lessons and tips, and expanded our curriculum to make sure participants are fully equipped with the most up-to-date set of tools, strategies, and best practices. Our rapid courses offer a more hands-on learning experience where you’ll benefit from: 

  • Helpful tips and tricks that are shared and discussed every week. 
  • Prompts and ideas to help you get unstuck when you need it. 
  • A community of peers who grow and learn with you. 
  • Weekly office hours when you can chat with experts and ask questions in real time.
  • Quarterly meetups led by true industry experts to ensure you’re using the best tools and strategies to grow.

As a way to celebrate the launch of our free course, we’re also offering 25% off our paid courses— just use the coupon code below at checkout. You’ll get access to the course and the community for a full year so feel free to jump in when you’re ready.

time2learn

Important Post

How to Start a Side Gig the Right Way in 2022

Are you looking to start a side gig this year?

Well, you’re not alone…

Earning a side income is a hot trend at the moment with almost 60% of Americans planning to get in on the action.

And I’m not surprised. I started my own side gig over 10 years ago and it was the best decision of my life.

It started as a creative outlet. Then I met some cool people and traveled the world. And yes, I stabilized my income and captured the freedom I was craving.

None of which would’ve been possible if I never started. So take the leap, you won’t regret it.

Over those ten years, I’ve learned a whole lot about myself and a range of new and interesting topics that I never imagined possible.

All-in-all, starting a side gig helped me find my passion and spend every day doing something I love.

But how do you find something you’re passionate about? What side gigs can you start in 2022?

Here are some ideas.

Get your own .ONLINE domain at 90% OFF, today!

One new domain extension that checks all the boxes is .ONLINE. It’s the domain name for anything that’s online and could be the perfect addition to your marketing efforts.

Click here to claim your own .ONLINE domain today!
90% OFF for the 1st year
Promo code: JEFF

5 Side Gig Ideas for 2022

There are numerous ways you can sink your teeth into a side gig in 2022.

#1. Teach courses

Rather than coming up with something completely new, why not use the skills you already have to teach others?

The great thing about teaching courses is that once you’ve created a course it can earn you side income for months or years into the future.

It’s also super-easy to start a course-based side gig with sites such as Udemy designed specifically for this purpose.

Udemy

#2. Take on freelance work

Another easy way to start a side gig is to work as a freelancer. Much like teaching courses, working as a freelancer allows you to use your current skills to make additional income without launching an entirely new business.

With freelance marketplaces, such as Fiverr, you can start an account and begin selling your skills in minutes. A gig is purchased every 4 seconds on Fiverr, with freelancers and experts making anywhere from $5 to $15,000+ per project. You can make money on Fiverr with just about ANY skillset – from graphic design to legal and finance consulting, there’s a business that needs your skills.

Fiverr

#3. Promote products as an affiliate

Affiliate marketing is a proven way of making a side income online. The concept is fairly simple, you promote someone else’s product or service and earn a commission for any sales you refer.

Being successful at affiliate marketing is a little more time-intensive than selling courses or completing freelance work – in the beginning at least. Before you can earn affiliate commissions you need to build an audience and gain their trust, so they respect your recommendations.

At the core of affiliate marketing is great content. Be that on social media, a blog, a YouTube channel, or some other targeted form of audience development.

Once you have the audience, you can find businesses to promote by using affiliate networks, such as Impact.

Impact

#4. Sell physical products

If you’ve really got the itch to start something entrepreneurial you may want to sell physical products. Of course, launching an eCommerce business will take a bit more nous and gruntwork than the other side gigs I’ve mentioned above.

For starters, you’ll likely need a bit of capital to purchase stock, advertise your products, and build a customer base. You’ll also need to determine where you will sell your products. On a website? On eBay? Etsy? Amazon? All are worthy options but have a cost and learning curve that is unique.

Alternatively, you can start a dropshipping business – which has the lowest barrier to entry. The way dropshipping works is that you sell the products of other brands on your website and when a customer places an order the brand handles shipment for you. It sounds good in theory but comes with a range of complications in terms of quality control, shipping times, and customer returns.

If you want to start a dropshipping business, check out Modalyst for finding products.

Modalyst

#5. Buy an online business

If you like the idea of affiliate marketing or running an eCommerce business but don’t want to invest the time into growing it from scratch, you could buy an already established brand. Of course, this requires capital!

Flippa is an online marketplace where you can buy and sell online businesses. It gives you a data-backed analysis of the business for sale and lets you make an educated decision about which one is right for you.

Flippa

You could even use a marketplace such as this to “flip” your own websites, apps, or eCommerce businesses as they grow.

5 Tips to Brand Your Side Gig the Right Way

Choosing a type of side gig to start is one thing, but preparing for launch is a challenge in itself. Many new side hustlers underestimate how important branding is – even if you are just a freelancer. Your brand identity is what makes you memorable or easily forgotten – which one do you want?

Here are some important things to consider when branding your side gig:

  • Choose a name and design a logo – Your brand name, colors, and logo all need to be in sync so that they leave an impression on prospective customers. Simplicity is important when choosing these elements of your business.
  • Build a website – Even as a freelancer you need a website. Your website acts as a central place for people to find out about you and your side gig. It may be a portfolio, a store, or even just a bio page.
  • Get a branded domain name – A short, unique, and memorable domain name adds value to your brand. My choice is .ONLINE because it’s refreshing and many of the best domain names are still available.
Wouldnt- A-Cookie-Taste
  • Establish a social media presence – As well as a website, your side gig should have a social media presence. Social media is where people hang out online and by being present, it adds a layer of credibility to your brand. Another reason I choose .ONLINE for my domain is it works as a link shortener on social media, too. This significantly increases brand recall and builds trust. Here’s how it looks in one of my Tweets:
Jeff-Bullas
  • Reach out to your network – Once you’ve got a name, logo, website, and social media presence, kickstart your side hustle by reaching out to your network and proliferating the message or asking for referrals. Don’t be shy – your biggest advocates will be those closest to you at the beginning, so take a leap of faith.

Wrapping up

The gig economy is going from strength to strength. There have never been more opportunities to start a side hustle than there is today. From freelance businesses to fully-fledged eCommerce stores, people all over the world are looking for ways to supplement their income and achieve their life goals.

When will you get started? What’s holding you back?

Get your own .ONLINE domain at 90% OFF, today!

One new domain extension that checks all the boxes is .ONLINE. It’s the domain name for anything that’s online and could be the perfect addition to your marketing efforts.

Click here to claim your own .ONLINE domain today!
90% OFF for the 1st year
Promo code: JEFF

The post How to Start a Side Gig the Right Way in 2022 appeared first on Jeffbullas's Blog.

Important Post !

How to Handle Crisis Communication in Your Business

In 2019 something strange happened to the world. The Covid 19 virus struck. While much of the virus dynamics and its aftermath will go down in the annals of history, what will also be important is how we went about living with the new work (and world) order created by Covid. 

The new world order challenged several businesses. Travel, hospitality, and retail businesses that depended on human contact felt the punch almost immediately. That said, these were the companies that probably understood the impact of the crisis early on. These were the companies that realized it was imperative to communicate openly and transparently with customers and stakeholders to ensure that everyone involved was taken into confidence. For instance, global eCommerce companies announced a depleted staff presence to communicate a possible delay in service. 

The pandemic forced companies to relook at their workplace policies. But this relook was not restricted to just working but also to ensure that a work-life balance was maintained. Communication executives were on overdrive disseminating messages of well-being at regular intervals to their internal and external publics. 

Image 1

Most of these messages were directed to customers, stakeholders, and government organizations. With Covid being the central theme, the communication pattern changed from the plain HR messaging to a more sensitive and sophisticated form of communication acknowledging the Work From Home (WFH) effort. So much so that companies went ahead to thank family members for their contribution.  

Not that WFM as a concept did not exist before the pandemic, but WFM professionals were in the majority this time around. In many cases, the senior executives of the company were also doing business from their homes. Hence this time, the messages were more inclusive, or let’s say, empathetic. 

The question remains, did it require a pandemic for organizations to display such collective empathy? 

The answer to that question lies in the DNA of organizational behavior, wherein employee communication is usually an executive order or a harbinger of some unsavory news. In times of crisis, there are a couple of factors that determine the quality of information. One, of course, is the clarity of information that people seek – second, allaying their fears about insecurities arising from the crisis. These insecurities come in many shapes and sizes, but the chief among them revolves around job security. 

Image 4

Centralization and clarity of communication 

Most communication during the pandemic focused on giving clarity around the business. Companies identified their key audiences to precision and communicated in the medium where they were most likely to be found. Key audiences can be a handful if one goes deep. For example, they could be employees, stakeholders, customers, suppliers, government, academia, and media. 

Broad communication framework

Identify your target audience 

Ideally, the communication strategy must address the needs of all these constituents. Any weak link here could mean a misfire that can breed inconsistency and have unfavorable brand and reputation consequences. The idea is to keep communication flowing from a trustworthy hub (ideally, a cross-functional communication hub) rather than a parallel organizational entity without any locus standi. 

While it’s essential to be cautious about business disclosure for statutory reasons, companies need to be transparent as a lack of information at the right time may erode brand equity and open the business to unnecessary speculation. 

Sidebar: The funny part is the regulators did not mandate anything from listed corporates about sharing business information. So, in the end, it was left to speculation whether it was business as usual or it was slow.  

Be transparent 

If we look at behavioural science, a crisis usually prompts an exponential desire, from the prospect, for openness while invoking the exact opposite reaction from the entity, disseminating the information. 

Although many organizations did not use a framework, they stuck to the traditional route keeping their communication channels open with the sole objective to lower anxiety and rumours. 

Choose the right medium

Social media became the platform of choice for many companies to talk about their Covid policies. Not surprisingly, LinkedIn became the medium where companies announced their Covid policies. FB, Twitter saw much fewer employee communication announcements. 

If we were to look at the content in many of these communication pieces, most of them were top-down with a regular cadence. 

Leaders at the helm made those statements giving a sense of authenticity to the communication. Company spokespersons were used, but they were adjuncts to the CEO, reassuring the stakeholders and customers that all is well. 

Include customer touchpoints

Image 3

While the pandemic was ravaging most businesses, companies were looking beyond quarters. For example, companies like Google took a long-term view of their workforce policies and allowed their staff to work from home for an extended period. Another seemingly benign-looking crisis, that of mental health, and well-being, also raised its head during the intensity of the pandemic. In both these cases, companies that got this (communication) right brought up the issues of employee well-being and health during the WFH. And, these were addressed by leaders themselves, which made it inclusive. 

If employees were on one side of the spectrum, customers were at the other end. And, for both, the information needs were different. Ideally, a customer communication checklist should include customer touchpoints and messages disseminated at these touchpoints and when the next update is expected. For instance, a bank customer would like to know the working hours of the bank, complaint process, time and date of the next update, etc. It’s essential that these messages are developed centrally and cascaded downwards (via a robust workflow) to the line managers for implementation. 

Reassure your audience

Probably the one thing that exemplifies empathy in both customers and internal audiences is reassurances. Messaging with a degree of reassurance is a consolation. It does more good than any other messaging that you may have. Reassurance is not a commitment but a forward-looking statement that stems out of transparency, vision, and purpose. 

They say one should seek opportunity in adversity. Covid taught us that. Some companies changed their way of working while some transformed. But one thing remains unchanged… 80% of business is still communication. 

Guest author: Trishna Patnaik, a BSc (in Life Sciences) and MBA (in Marketing) by qualification but an artist by choice. A self-taught artist based in Mumbai, Trishna has been practising art for over 14 years. After she had a professional stint in various reputed corporates, she realised that she wanted to do something more meaningful. She found her true calling in her passion that is painting. Trishna is now a full-time professional painter pursuing her passion to create and explore to the fullest. She says, “It’s a road less travelled but a journey that I look forward to every day.” Trishna also conducts painting workshops across Mumbai and other metropolitan cities of India. Trishna is an art therapist and healer. She works with clients on a one-on-one basis in Mumbai. Trishna fancies the art of creative writing and is dappling her hands in that too, to soak in the experience and have an engagement with readers, wanderers and thinkers. 

The post How to Handle Crisis Communication in Your Business appeared first on Jeffbullas's Blog.

Important Post !

Many of you know that I’m based in Portland, and I will always have a soft spot for this city. That being said, I think Portland has some of the biggest varieties of niche businesses, brands, and entrepreneurs. The city, known for being “weird,” draws in many small business owners and entrepreneurs with dreams for… Read more »

The post Top 37 Entrepreneurs In Portland, Oregon appeared first on One-Click Lindsey.

Who else? <3making money at home

It’s hard to believe that it’s been a full year since we launched WPCourses.com! In that short time, we’ve been incredibly inspired by the group of ambitious learners we have been able to work with. In fact, we’ve been so moved by the enthusiasm of the community we’ve built so far that we want to ensure this experience is available to as many people as possible.

So we’re happy to announce the launch of our very first free course, Intro to Blogging. In this course you’ll learn about: 

  • What blogging is and why so many people are doing it.
  • How to set up, navigate, and manage your blog or website. 
  • How to create blog content like a pro and create a site people love to visit.
  • How to identify your audience, set goals, and build your own blogging strategy.
Illustration of site editor and paint brush.

By signing up you’ll get access to our course platform where you can work through each lesson at your own pace and take your time to really put that information to use as you build, design, or revamp your site.

We also used our time building out the free course as an opportunity to improve our existing content. We went back through all of our resources, added new lessons and tips, and expanded our curriculum to make sure participants are fully equipped with the most up-to-date set of tools, strategies, and best practices. Our rapid courses offer a more hands-on learning experience where you’ll benefit from: 

  • Helpful tips and tricks that are shared and discussed every week. 
  • Prompts and ideas to help you get unstuck when you need it. 
  • A community of peers who grow and learn with you. 
  • Weekly office hours when you can chat with experts and ask questions in real time.
  • Quarterly meetups led by true industry experts to ensure you’re using the best tools and strategies to grow.

As a way to celebrate the launch of our free course, we’re also offering 25% off our paid courses— just use the coupon code below at checkout. You’ll get access to the course and the community for a full year so feel free to jump in when you’re ready.

time2learn

Important Info

How to Handle Crisis Communication in Your Business

In 2019 something strange happened to the world. The Covid 19 virus struck. While much of the virus dynamics and its aftermath will go down in the annals of history, what will also be important is how we went about living with the new work (and world) order created by Covid. 

The new world order challenged several businesses. Travel, hospitality, and retail businesses that depended on human contact felt the punch almost immediately. That said, these were the companies that probably understood the impact of the crisis early on. These were the companies that realized it was imperative to communicate openly and transparently with customers and stakeholders to ensure that everyone involved was taken into confidence. For instance, global eCommerce companies announced a depleted staff presence to communicate a possible delay in service. 

The pandemic forced companies to relook at their workplace policies. But this relook was not restricted to just working but also to ensure that a work-life balance was maintained. Communication executives were on overdrive disseminating messages of well-being at regular intervals to their internal and external publics. 

Image 1

Most of these messages were directed to customers, stakeholders, and government organizations. With Covid being the central theme, the communication pattern changed from the plain HR messaging to a more sensitive and sophisticated form of communication acknowledging the Work From Home (WFH) effort. So much so that companies went ahead to thank family members for their contribution.  

Not that WFM as a concept did not exist before the pandemic, but WFM professionals were in the majority this time around. In many cases, the senior executives of the company were also doing business from their homes. Hence this time, the messages were more inclusive, or let’s say, empathetic. 

The question remains, did it require a pandemic for organizations to display such collective empathy? 

The answer to that question lies in the DNA of organizational behavior, wherein employee communication is usually an executive order or a harbinger of some unsavory news. In times of crisis, there are a couple of factors that determine the quality of information. One, of course, is the clarity of information that people seek – second, allaying their fears about insecurities arising from the crisis. These insecurities come in many shapes and sizes, but the chief among them revolves around job security. 

Image 4

Centralization and clarity of communication 

Most communication during the pandemic focused on giving clarity around the business. Companies identified their key audiences to precision and communicated in the medium where they were most likely to be found. Key audiences can be a handful if one goes deep. For example, they could be employees, stakeholders, customers, suppliers, government, academia, and media. 

Broad communication framework

Identify your target audience 

Ideally, the communication strategy must address the needs of all these constituents. Any weak link here could mean a misfire that can breed inconsistency and have unfavorable brand and reputation consequences. The idea is to keep communication flowing from a trustworthy hub (ideally, a cross-functional communication hub) rather than a parallel organizational entity without any locus standi. 

While it’s essential to be cautious about business disclosure for statutory reasons, companies need to be transparent as a lack of information at the right time may erode brand equity and open the business to unnecessary speculation. 

Sidebar: The funny part is the regulators did not mandate anything from listed corporates about sharing business information. So, in the end, it was left to speculation whether it was business as usual or it was slow.  

Be transparent 

If we look at behavioural science, a crisis usually prompts an exponential desire, from the prospect, for openness while invoking the exact opposite reaction from the entity, disseminating the information. 

Although many organizations did not use a framework, they stuck to the traditional route keeping their communication channels open with the sole objective to lower anxiety and rumours. 

Choose the right medium

Social media became the platform of choice for many companies to talk about their Covid policies. Not surprisingly, LinkedIn became the medium where companies announced their Covid policies. FB, Twitter saw much fewer employee communication announcements. 

If we were to look at the content in many of these communication pieces, most of them were top-down with a regular cadence. 

Leaders at the helm made those statements giving a sense of authenticity to the communication. Company spokespersons were used, but they were adjuncts to the CEO, reassuring the stakeholders and customers that all is well. 

Include customer touchpoints

Image 3

While the pandemic was ravaging most businesses, companies were looking beyond quarters. For example, companies like Google took a long-term view of their workforce policies and allowed their staff to work from home for an extended period. Another seemingly benign-looking crisis, that of mental health, and well-being, also raised its head during the intensity of the pandemic. In both these cases, companies that got this (communication) right brought up the issues of employee well-being and health during the WFH. And, these were addressed by leaders themselves, which made it inclusive. 

If employees were on one side of the spectrum, customers were at the other end. And, for both, the information needs were different. Ideally, a customer communication checklist should include customer touchpoints and messages disseminated at these touchpoints and when the next update is expected. For instance, a bank customer would like to know the working hours of the bank, complaint process, time and date of the next update, etc. It’s essential that these messages are developed centrally and cascaded downwards (via a robust workflow) to the line managers for implementation. 

Reassure your audience

Probably the one thing that exemplifies empathy in both customers and internal audiences is reassurances. Messaging with a degree of reassurance is a consolation. It does more good than any other messaging that you may have. Reassurance is not a commitment but a forward-looking statement that stems out of transparency, vision, and purpose. 

They say one should seek opportunity in adversity. Covid taught us that. Some companies changed their way of working while some transformed. But one thing remains unchanged… 80% of business is still communication. 

Guest author: Trishna Patnaik, a BSc (in Life Sciences) and MBA (in Marketing) by qualification but an artist by choice. A self-taught artist based in Mumbai, Trishna has been practising art for over 14 years. After she had a professional stint in various reputed corporates, she realised that she wanted to do something more meaningful. She found her true calling in her passion that is painting. Trishna is now a full-time professional painter pursuing her passion to create and explore to the fullest. She says, “It’s a road less travelled but a journey that I look forward to every day.” Trishna also conducts painting workshops across Mumbai and other metropolitan cities of India. Trishna is an art therapist and healer. She works with clients on a one-on-one basis in Mumbai. Trishna fancies the art of creative writing and is dappling her hands in that too, to soak in the experience and have an engagement with readers, wanderers and thinkers. 

The post How to Handle Crisis Communication in Your Business appeared first on Jeffbullas's Blog.

<3internet marketing

How to Start an Amazon FBA Business That Earns 10k+ a Month in Passive Income

In the last ten years, the words ‘passive income’ have become extremely popular in the digital space we now live in. Everyone loves the idea of being able to generate income while they sleep, but few ever reach that point.

Earning passive income is totally possible – provided you have the right amount of determination and a good business model.

With this in mind, I’ve put together an in-depth guide to get you on the path to earning passive income in a way that’s perfect for beginners and doesn’t require a huge up-front investment like many other business models do!

BONUS: Access FREE training on The SIMPLEST Way For Beginners to Make $10k+ Every Single Month Selling Products On Amazon In 2021 & Beyond! (Exclusive to JeffBullas.com readers)

Before we dive in, I want you to do a short exercise that my mentor Jay Abraham taught me.

Take a pencil and paper if you’re at home or at your office, and draw, first of all, a diagram of a diving board – a little short vertical line with a very long horizontal board on the top.

I want you to envision that, right now, the long line represents your job and career.

If you’re just supporting that aspect of your life with one way of seeing things, or doing things, you’re compromising your ability to have so much more achievement, so much more wealth and so much more control of your life.

Now, for the next picture, (turn it over and draw on the other side if you need to) I’d like you to draw your version of the famous Greek Parthenon.

It’s that building with many, many columns supporting it. You can have seven columns. You can have eight columns. You can have ten columns. You can have all the columns you want.

Think of those columns or pillars as additional income streams, as different ways you can add value in the world.

If you’re relying on just one source of income or just one way of contributing, then your business or career looks like a diving board.

Because it’s long and only held up by one pillar, it doesn’t take much to simply knock it over.

However, if you have multiple streams of income, your business or career looks more like Greek Parthenon. And because of its design, it’s much harder to knock down, right!??

We’ve all seen businesses fail, and people losing their jobs in recent times. Today I want to talk to you about one way that you can slowly, and steadily build an additional passive income stream that will better support your livelihood by building your own version of the Greek Parthenon.

The answer?

Multiple Streams of income.

And today I want to talk about one in particular…

Amazon FBA.

I hear you asking…

What does FBA even mean?

Isn’t Amazon completely over-saturated?

(HINT: it’s definitely not!)

Is it even profitable?

And if it is, how do I get started?

My goal in this post is to explain everything above so you can get a much better understanding of what Amazon FBA actually is, and show you just how possible it is to create a seriously profitable side income stream (or replace your income completely) with this simple online business model.

Are you ready?

Great!

Let’s get started.

What is Amazon FBA?

FBA is short for Fulfillment by Amazon.

And as individual third-party sellers, it’s a great way of using Amazon’s infrastructure to sell our own branded products on the Amazon platform through something known as Private Labeling.

A private label product is manufactured by a supplier (usually in China), then sold under a brand name. You can specify everything about the product – what goes in it, how it’s packaged, what the label looks like – and pay to have it produced and shipped to you.

(The shipping part is very straightforward, especially when you ship products into one of our SuperHero Freight hubs, outside of Amazon. More on shipping later in the guide.)

The great thing about Amazon FBA is that 80% of the work is done for you, on your behalf. You don’t need to worry about packaging products, sending those products out to customers, or dealing with customer support and returns.

You don’t need:

  • A warehouse (and all those expensive overheads!)
  • A multilingual customer support team
  • Or staff to run your warehouse

Amazon provides all this for you.

[youtube https://www.youtube.com/watch?v=ika2GdBnIfs?feature=oembed&w=900&h=506]

So Why Amazon?

Amazon is the world’s #1 eCommerce marketplace.

Marketplace = a place you can ‘plug in’ as an individual seller to sell your own branded products.

And right now, Amazon (and e-commerce as a whole) is BOOMING — even during the pandemic…

Amazon currently averages about 300 – 600 sales a second, depending on the time of year on Amazon.

MIND-BLOWING!

There are approximately 350,000,000 different products for sale on Amazon as well. It’s inevitable that these numbers will only continue to grow and demand will rise with it!

Basically, hundreds of millions of people use and trust Amazon. 

They aren’t skeptical and you won’t need to convince them to purchase from Amazon.

People go to Amazon to BUY products

And what’s more is that YOU get to leverage their name and brand, making it WAY easier than selling anywhere else.

Amazon is essentially a search engine, which allows you to get organic traffic and sales by knowing how to rank your product in search.  They also have an advertising platform that helps you attract additional customers to your Amazon listing.

The benefits to selling on Amazon literally are endless…. and you don’t have to do much compared to any other business out there. And once you have a product selling on Amazon and consistently making sales for you, there isn’t much required to keep it going.

We’ve got hundreds of our members inside the Marketplace SuperHeroes community generating thousands of dollars (on autopilot) with hardly any maintenance because it just remains steady and consistent.

Put simply: starting a business based on Amazon is a HUGE opportunity right now that’s available to practically anybody looking to ‘plug in’ and make a part or full-time income.

Selling In More Than One Country

At the time of writing, Amazon has 18 marketplaces worldwide, all of which allow third-party sellers like you and me to list and sell our products. And through these marketplaces, Amazon offers over 350 million products (that’s a LOT of items!)

Whether you’re based in the USA, the UK, or another country, you can easily set up and sell your products in more than one Amazon marketplace (and it’s really straightforward to do!)

That exposes you to millions of customers across the world, making it possible for you to multiply your profits with practically no extra work involved.

Gary

This ‘marketplace multiplication’ can completely transform your business.

In fact, we created a simple formula to show you its potential…

The Rule Of 5

At Marketplace SuperHeroes, whenever we are explaining how our business model works, we talk about the rule of five.

In simple terms, we’re saying that if you’re:

  • Selling 5 units per day,
  • 30 days a month,
  • In 5 different countries,
  • At an average of $5 net profit per sale…

You’re running a net profit of $18,750 per month!

Now that’s impressive!

A lot of people get excited when we talk about the rule of five, but in order to achieve it, we have to make sure our profit margin is at the right level.

So if you’re selling something for $20, your profit margin must be 30% of the sale price. That’s how much we have to be making in net profit before tax.

In other words, after all, is said and done, we must be putting 30% of the sales price back in our pocket…

Or invest it back into our business…

Wherever you want to put it!

That’s the beauty of doing this on a global scale.

[youtube https://www.youtube.com/watch?v=96jWugmVpt4?feature=oembed&w=900&h=506]

Why Invest In Physical Products?

As you can see, this business model itself is built like the Parthenon, with multiple pillars of income coming from multiple products in multiple markets.

But there’s one more aspect of this that I’d like to explain, and that is why this business is VERY much like investing.

People even build this type of business as part of a retirement plan.

[youtube https://www.youtube.com/watch?v=S4hx9N4s3x0?start=126&feature=oembed&w=900&h=506]

When we invest in physical products using our model we are typically looking for a 100% growth in the capital we spent to purchase the products. That means when we invest $3,000 for example we expect to get back $6,000 once Amazon’s selling fees have been deducted from the sales price.

Now imagine you can do this 2-4 times per year, per product. You’re not only seeing 100% ROI, you can see 200-400% returns depending on how long it takes for your product to sell out.

You’ll be hard-pressed to find these figures for ANY investment you make. 

When you can do this repeatedly and systematically, what you are really building is an investment vehicle.

Dale
Bryan-Potter
Craig

We get this question all the time
We are all about building long-term wealth. Building this type of business is definitely not a get-rich-quick scheme. Nor will it take 20 years for you to see returns. But it is something that you can absolutely do on the side to begin. In fact, we encourage our members to do this alongside their current job or business.

Khab
Mike

Before I head off, I want to draw your attention to two powerful case studies from fellow digital marketers who have built hugely successful Amazon businesses on the side.

Jesse, who owns his own digital marketing agency, has built a 7-figure Amazon business on the side.

[youtube https://www.youtube.com/watch?v=PC5jXzcTJ4E?feature=oembed&w=900&h=506]

And Alex, who is actually our head copywriter on the team has built his Amazon business on the side too, while continuing to freelance as an email copywriter, travel the world, and build his own YouTube channel!

[youtube https://www.youtube.com/watch?v=9yY0gRdVmBE?start=459&feature=oembed&w=900&h=506]

Wrapping up

To wrap this up, I’m sure you can now see how real the idea of generating a healthy passive income really is with an Amazon FBA business. Don’t just let this sit gathering digital dust!

Of course, it will involve some upfront work, but the rewards are definitely worth it. So what are you waiting for? Start now and begin creating a new stream of passive income today.

Register here for our free training. See you there!

Guest author: Stephen Somers is CEO and co-founder of Marketplace Superheroes – an 8-figure online education and services platform that teaches people how to build a 5-7 figure business selling simple, everyday items globally on Amazon.  

The post How to Start an Amazon FBA Business That Earns 10k+ a Month in Passive Income appeared first on Jeffbullas's Blog.