This video discusses the challenges the speaker faced with Amazon losing their inventory for two months, which delayed their video project. The speaker had initially planned to sell 50 units of a failing product during the Christmas holiday season but couldn’t due to Amazon’s delays. They postponed the relaunch until April, targeting the spring season.
The speaker made changes to their product listing, marketing strategy, and pricing, focusing on a PPC campaign and reducing the product price to $9.98. Over two weeks, they sold 30 units, with 16 units coming from advertising and 14 units organically. However, the advertising cost of sales was high at 74%.
In terms of net profit, they made approximately $56 from organic sales but lost $54 on ad sales. They aimed to increase their product rating from 4.2 to 4.5 but received only two reviews, resulting in an average rating of 4.1.
The speaker shared their takeaways, emphasizing the importance of product quality over listing quality, the need to send inventory earlier during the holiday season, and being mindful of advertising efficiency based on weekdays.
In summary, the speaker faced challenges with delayed inventory and achieved some sales and profit but fell short of their rating improvement goal. They learned valuable lessons for future endeavors, focusing on product quality and efficient advertising.
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Hello, your watsapp is not responding
@Debt To Dollars how can I get your mentorship ?
@PriyaVenky It’s on Patreon! (link in description)
@Debt To Dollars will you walk me through all the way till listing my product and stuff ?
@PriyaVenky Of course!
@DebtToDollars ok let me sign up
Buddy
NiCe Videos brother, i enjoy watching your videos, would you be able to make complete amazon fba to start in california, now i know how to make accounts and start selling or ungating products, but do we need LLC or should we continue with Solo/Prop, and should we apply for sellers permit in or resale certificate in california to do amazon fba. all the steps that we need to know so as a beginner we dont miss anything before we continue to grow our business.