6 Figures Dropshipping on Amazon Blueprint – 100% Automated
In today’s video we’re going to cover how you can build a 6 Figure Dropshipping Business on Amazon.
There’s a lot of places you can dropship and build a sizable business on….but one reason I love amazon so much is because it’s practically 100% automated once you get a product in your inventory.
Build a 6 Figure Dropshipping Business on Amazon: https://bryan-guerra.teachable.com/p/amazondropshippro
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There’s Software that will scan the internet and do product research for you so you know which products are profitable and which ones to list.
There’s software that will tell you how much a product is selling on amazon already…so you know if it’s worth your time listing it or not.
There’s software that will automatically reprice your inventory for you. So once you have a product setup, it’ll continue to monitor your competitors and adjust your price accordingly.
That way you can make the most money possible b/c your prices will always be super competitive.
There’s software that will help cut your order processing time significantly (if you’re doing it on your own)…which might not sound like a big deal, but if you’re doing dozens of orders a day….this can cut hours off your work each day.
There’s software that will automatically input your tracking numbers for you. So, once you process an order, you don’t even need to manually input the tracking number. It’ll do that for you.
And there’s even software that will automatically fulfill your orders for you….so you literally don’t have to do ANYTHING.
We’re going to cover each and every software in today’s video and I’m going to give you a run down on how you can build your very own 6 figure dropshipping business.
All of this stems from my experience doing this in my own business. A business I’m still doing right now and I strongly believe in.
So, the first thing you need to do in order to build a profitable dropshipping business on amazon is find good, profitable products.
There are many ways to find products, but perhaps the best way is to use a software that compares Amazon’s catalog of millions of products against similar products all over the internet on hundreds of other websites.
The software I highly recommend for this is called sourcemogul. It’s a gamechanger of a software and has been instrumental in scaling my amazon dropshipping business.
You can search through hundreds of websites to find products that are selling for a lot less than they are on amazon.
And you can even sort through the software to save yourself even more time by only going after products that are already selling well on amazon AND as profitable as you want.
Once the software spits you out products, you’ll want to make sure that…
1) you’re able to sell it (this will depend on the age and sales history of your seller account as well as if you’re gated for that product, brand, or category).
2) It is indeed profitable. You can do that by running the price on amazon against the price on your suppliers website to see that it’s actually going to make you money after the amazon fees are deducted. An easy way to do this is by using amazon’s profit calculator. They provide one for free to you.
And 3) It is actually getting enough sales on amazon to justify listing it in your inventory. I highly recommend the jungle scout chrome extension for this. I’ve used and recommended this software since I started in eCommerce years ago. It’s helped me build my business from the ground up and I couldn’t recommend it more for amazon sellers.
Then assuming all this checks out, you’ll want to add that product to your inventory on amazon and set it up in your repricer.
Your repricer is a software that automatically monitors your price against other sellers on the listing and adjusts your price so it remains competitive and you have a shot to win the buybox.
Videos Referenced…
How to Win the Buybox When You Sell on Amazon: https://www.youtube.com/watch?v=UukMOaeyuCE
Amazon Drosphipping Playlist: https://www.youtube.com/playlist?list=PLdcJAP-O6PRdNwKSAHOQRK_PU8aUpNUfo
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