99% people wants to start their Ecommerce store on Amazon.
But don't know anything about Amazon's business models.
Here's the ultimate guide for y'all for better understanding 👇
✨✨A THREAD 🧵✨✨
But don't know anything about Amazon's business models.
Here's the ultimate guide for y'all for better understanding 👇
✨✨A THREAD 🧵✨✨
Amazon is an E-commerce company that gives customers the opportunity to shop and sellers to sell online.
There are 5 businesses models in Amazon
1. Private Label (PL)
2. Micro Private Label (MPL)
3. Wholesale
4. Dropshipping
5. Retail/Online arbitrage
There are 5 businesses models in Amazon
1. Private Label (PL)
2. Micro Private Label (MPL)
3. Wholesale
4. Dropshipping
5. Retail/Online arbitrage
There are total 5 business models of Amazon that you must know:
1️⃣ Private label (PL)
2️⃣ Micro Private Label (MPL)
3️⃣ Wholesale
4️⃣ Dropshipping
5️⃣ Retail/Online Arbitrage
1️⃣ Private label (PL)
2️⃣ Micro Private Label (MPL)
3️⃣ Wholesale
4️⃣ Dropshipping
5️⃣ Retail/Online Arbitrage
1️⃣ Private Label (PL)
Private Label is about finding a product on Amazon that has high sales, but maybe a low no. of reviews; getting that product, and labeling it as if it were yours. We actually upgrade the presentation of that original existing product...
Private Label is about finding a product on Amazon that has high sales, but maybe a low no. of reviews; getting that product, and labeling it as if it were yours. We actually upgrade the presentation of that original existing product...
by creating your own brand. We select the products to be sold of higher price range than MPL.
2️⃣ Micro Private Label (MPL)
It is the same as private label but with a comparatively low budget.
In this business model, we do multiple launches under the umbrella of the same brand.
We select low price ranged products as compared to PL.
It is the same as private label but with a comparatively low budget.
In this business model, we do multiple launches under the umbrella of the same brand.
We select low price ranged products as compared to PL.
3️⃣ Wholesale:
In a wholesale model, the seller purchases products in bulk directly from the manufacturer or a supplier of the existing brand at a wholesale price and then makes a profit by selling the products on Amazon.
In a wholesale model, the seller purchases products in bulk directly from the manufacturer or a supplier of the existing brand at a wholesale price and then makes a profit by selling the products on Amazon.
4️⃣ Dropshipping:
It is the process of selling a product without the responsibility of carrying inventory or shipping the goods. The product manufacturer is responsible for manufacturing the product, maintaining inventory and shipping the goods to the customer.
It is the process of selling a product without the responsibility of carrying inventory or shipping the goods. The product manufacturer is responsible for manufacturing the product, maintaining inventory and shipping the goods to the customer.
In order to understand retail/online arbitrage, we need to know what actually arbitrage is?
Arbitrage is the practice of taking advantage of a price difference between two or more markets, or in other words, reselling.
Arbitrage is the practice of taking advantage of a price difference between two or more markets, or in other words, reselling.
5️⃣ Retail/Online Arbitrage:
Retail arbitrage is the process of buying products from physical/ online retailers with the sole intention of reselling those products at a higher price of a profit on another online marketplace such as amazon, eBay or Facebook marketplace.
Retail arbitrage is the process of buying products from physical/ online retailers with the sole intention of reselling those products at a higher price of a profit on another online marketplace such as amazon, eBay or Facebook marketplace.
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