The Side Hustle by Nick Loper
Author:Nick Loper [Loper, Nick]
Language: eng
Format: epub
Published: 2015-03-02T22:00:00+00:00
Using these strategies to boost sales in the first few weeks of a product launch will help push your listing up in Amazon’s internal algorithm—so your product won’t get lost, buried dozens of pages deep in the search results.
How Much Do You Need to Invest to Get Started?
If you’re thinking private labeling sounds expensive to start, you’re right. The initial order is really all about getting some sales and reviews so your listing can (hopefully) begin to make full-price sales organically.
“If I didn’t have at least $2000 to spend, I’d be looking at other ways to make money,” Greg said.
There are some success stories of people investing $500 in a product that takes off, but Greg said you need at least $2000 to do everything properly and put up a product on Amazon that people are going to be satisfied with. That accounts for your sample orders, your initial manufacturing run, shipping, and advertising costs.
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