How to Make Money with Amazon SEO Corey Creed Who is Corey Creed? • 2003 – Started my E-commerce business • 2003 – Started Doing Internet Marketing for Clients • 2007 – Moved to Charlotte, taught Classes (12/07 Meetup) • 2011,2012 – Director of Training, Social Fresh • 2013 – Director of Client Services, Ephricon • 2014 (April) – CEO & CMO, Rhino Goods Why I Like Amazon Hippo Inc • Ecommerce • Drop Ship only • Started in 2003 • Sales - $75K / Month • Margin 24% • High Overhead • 2 Salespeople Rhino Goods • Amazon Business • Private Label only • Started April 2014 • Sales - $25K / Month • Margin 50% • No Overhead • 1 China Employee Facts Amazon Has: • 209 million users • 89 warehouses • 1,000 warehouse robots Facts Amazon : • spent $158 million on Google search ads (2013) • sold $89 billion in 2014 • sold 426 items per second on Cyber Monday Facts Amazon has 2 million marketplace sellers Only 7% of Amazon’s sales are come from selling books. Largest Internet Companies by Revenue Top 6 E-com Companies by Revenue These are not the reasons I sell on Amazon! Want to hear what I believe? Where do People Search? Where Search Starts • • • • • • • Videos – YouTube Breaking News – Twitter Quick facts – Google Location – Google Maps Books – Amazon Ideas – Pinterest Buy Stuff – Amazon! Where’s the Money? • • • • • • • Buy Stuff – Amazon! Ideas – Pinterest Books – Amazon Location – Google Maps Quick facts – Google Breaking News – Twitter Videos – YouTube Where’s the Money? “ Our biggest search competitor is Amazon. People don't think of Amazon as search, but if you are looking for something to buy, you are more often than not looking for it on Amazon.“ - Eric Schmidt, Google CEO October 2014 I am an SEO Guy, too How Does it Work? How Does it Work? https://sellercentral.amazon.com How WE Do It 1. 2. 3. 4. 5. 6. 7. Identify Products to Sell Source them Private Label them Send them to “Fulfillment By Amazon” (FBA) Rank them on Amazon Advertise on Amazon Collect Money from Amazon Identify Products 1. 2. 3. 4. Product Requirements Price – About $15 to $60 Brand – Not brand dependent Size – (Much) less than 18” x 14” x 8” Weight – (Much) less than 20 lbs Identify Products 1. 2. 3. 4. 5. 6. How to Find Products Best Seller Rankings (BSR) by Category Scrapers (www.AmaSuite.com) Look around you Poke around Amazon Poke around Alibaba Your existing suppliers Source Products Where to Get Products Made USA – Use Google Type into Google “Private Label {product}” Go several pages deep. Manufacturers don’t SEO China Use Alibaba Hire a sourcing agent Private Label How to Private Label Products To Start Stick it in a plastic bag and put a sticker on it If it Sells The manufacturer may do it for you Improve pricing & quality – Get it Made Fulfillment by Amazon Use Fulfillment by Amazon Create an Amazon Seller Central Account ($39/mon) Create a listing: Title, Bullet Points, Description, Images Get a Label Send in your products NOTE: They do the rest! Rank on Amazon 1. 2. 3. 4. 5. How Does Amazon Rank Products? Keywords – Title, Bullets, Description Sales Volume Conversion Rate Volume and Conversion Rate by Keyword Reviews – Quantity and Quality Advertise on Amazon 1. 2. 3. 4. 5. “Amazon Sponsored Products” Create Campaign / Ad Group Enter daily budget ($5) Enter bid ($0.30) Select product Select keywords (optional) Collect from Amazon How Do I Get Paid? Amazon does a direct deposit every two weeks. Review – What WE do 1. 2. 3. 4. 5. 6. 7. Identify Products to Sell Source them Private Label them Send them to “Fulfillment By Amazon” (FBA) Rank them on Amazon Advertise on Amazon Collect Money from Amazon The Key Maintenance? 1. 2. 3. 4. 5. 6. Stay Stocked Add more products Ignore products that don’t sell Add more products Stay Stocked Add more products Marketing? Product Launches – Keyword Research – Competition Research – Optimize Listing – Optimize Images – Ping your list (maybe) – Coupon Sites (maybe) Marketing? Other Options – Build a list – Build a website – Google AdWords – Facebook Ads – Other stuff you know (blogger outreach, SEO, etc) NOTE: None of this is necessary in general! Start SIMPLE & CHEAP! 1. 2. 3. 4. 5. 6. 7. Identify Products to Sell Source them Private Label them Send them to “Fulfillment By Amazon” (FBA) Rank them on Amazon Advertise on Amazon Collect Money from Amazon Learn more? • • • • Amazing Selling Machine (ASM) - www.Amazing.com Rapid Crush Inc (during ASM Launch) Sourcing Profits - www.SourcingProfits.com Sam Brella - www.SamBrella.com • Jerry West • Ryan Moran • Chris Guthrie? Amazon Cool Tools • • • • • • • • • SearchRank - www.sellerlabs.com AMZ Tracker - www.AMZTracker.com AMA Suite - www.AMASuiteApps.com Feedback Genius – www.FeedbackGenius.com A-Zon Power Pack - www.TheNetResults.com Merchant Words - www.MerchantWords.com Profit Spotlight www.ProfitSpotlight.com FBA Toolkit - www.FBAToolkit.com CamelCamelCamel - www.CamelCamelCamel.com I’m all ears! Questions?