How to make millions on Amazon- it’s a ubiquitous question among the sellers who are planning to make their fortune by selling goods on Amazon.

It may sound too good to be true, but the reality is $88,000 is being spent on Amazon almost in every single minute. The best news for you is that 16.7% of Amazon sellers make over $1 million per year while 2.1% of the sellers make a staggering $10 million annually.

You are probably thinking – what am I doing? Well, it’s not sufficient to list your items and call it a day.

Selling on Amazon is all about a number’s game. The logic is very simple-the more eyeballs you can bring on your listing, the products you can sell. Now the question is- how do you get people to notice your Amazon listing? Improving the search engine ranking of your Amazon store is one of the best ways to do that.

How To Make Millions on Amazon In A Year

Let’s Do A Quick Math

Let’s say you are selling a item with $10 profit per sale, you will need 100k sales to make it millions

and which means 273 sales per day.

If one product line can make you 10 sales per day, you will need about 28 product lines to make a million.

Yeah, it sounds’ a lot, but how about we change the number a little

Let’s say you sell products with $20 profit per sale, you only need 136 sales per day to make a million

and if you find a hot product which you can sell 20 items per day, you only need 5 to 6 product line to make a million in a year.

Now, I know it’s oversimplified and we can’t always get a home run. sometimes we will source product which looks promising but end up being a nightmare, it’s just life.

But. you get the idea, the higher profit per sales you have, the fewer sales you need to make a million.

And the higher demands your product got, the better chances for you to make a lot of sales

now let’s talk about how we can increase our sales using some proven strategies

How To Increase Your Sales On Amazon

Improve the product title:

Your product’s title plays a very crucial role as it is the first thing buyers look at when they are browsing for their goods.

You should always include the following keywords in your title:

•      Brand
•      Product line
•      Material or key feature
•      Product Type
•      Color
•      Size
•      Packaging/Quantity

For instance, if you are selling pillowcase, your title might sound something like -60 GSM Double Brushed Satin Stitched Pillowcase Set, Hypoallergenic, Wrinkle, Fade, Stain Resistant, Set of 2, Beige.

Think of some alternative keywords that the customers might use to find their items and include these keywords as well. For example, if you are selling Lord Of The Rings merchandise,  using LOTS as a keyword would be an excellent idea.

Select The Right Amazon Product Category:

Placing products in the wrong category is a common mistake that most of the newbies make. Right category selection can make a significant difference. Always remember one thing that listing your items in the most optimal category dramatically improves conversions, and can even result in 4 times more sales. Before you register your item, do a quick search and see which category it appears in.

For example, if you are going to sell pillowcase, the right category should be home and kitchen. If you find more than one category when you type in the products, you should always go for the most suited category for your target audience.

Don’t forget to include the keywords in Amazon product description:

When it comes to writing the product description, there are two things you must focus on. Use bullets and subheadings to break up the text so that it appears easier for your customers.

Secondly, it is always better to use long tail keywords to highlights the benefits of your product. Never stuff the description with the same keywords like the title.

Beef Up Amazon Reviews:

While reviews might not impact your store’s SEO directly, they do influence your conversion rate, which subsequently affects your SEO ranking.

Hence, you should try to get more positive reviews from your customers.

Follow these crucial steps, and you will be on your way to make millions on Amazon by selling your products.

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