Amazon Sellers May Go Out of Business If They Don't Do This

[00:27] Today’s Topic: Amazon Sellers May Go Out of Business If They Don't Do This

[00:45] Eric went to an Ecommerce conference and Amazon was the talk of the conference.

[01:00] When it comes to Amazon, there is a lot of “short-termism”.

[01:20] When you work on Amazon, you do not control the customers.

[01:45] Marketing has now moved to being an omni-channel approach.

[02:20] Amazon is growing, but as it grows, there will be more and more competition.

[02:35] Because of this, you need to diversify.

[04:20] As an Amazon seller, you will find that shady marketers will screw up your revenue.

[04:45] Amazon sellers’ revenue can go to $0, because other sellers can flag you and get you banned (for no real reason).

[05:15] If you have your own website, you won’t have to rely on Amazon as your only channel.

[06:09] That’s it for today!

[06:12] If you are interested in corporate training, tweet at Eric.

[06:25] Go here to see how many downloads the show is getting. Also rate and review to help Eric and Neil meet their goal of 1 Million downloads per month. Hopefully, we’ll see you at the live event in L.A.!

Amazon Sellers May Go Out of Business If They Don't Do This | Ep. #810