Amazon Virtual Assistant

08/05/2024

Ever wondered if Amazon's dynamic up and down bidding is worth it?
Keep reading 👇

When you set up a new campaigns in Amazon's Ad Console, dynamic bidding is now the default bidding strategy.

First how it works:
Dynamic up and down bidding adjusts your bids in real time — increasing it up to 100% for buyers the algorithm believes are more likely to convert.

Or reducing your bids when purchase intent seems low.

Sounds great right? Here’s where it gets tricky.

The whole system relies on Amazon's ability to predict buying behavior.
But accurately predicting shoppers individual actions isn't possible.

Especially for new Amazon users or first-time category shoppers. Or brand new products.
No shopping history, how do you predict that?

And then there's the profitability issue...

Dynamic up and down bids focuses on the likelihood of a sale, not on whether that sale makes financial sense. AKA ACoS.
What happens if that 100% bid increase results in a high ACoS?

The algorithm doesn't that into account.

From our experience, dynamic up and down bidding can work in very specific scenarios. Like with low-cost keywords where an increase won't hurt ACoS.
But dynamic up and down bidding isn't a core strategy of ours.

Also if you're using placement percentages, it's not a good idea to use dynamic up and down bidding!
These settings can "double stack", exponentially increasing your bids and cost-per-clicks.

Do you use dynamic bidding? Have any insights or cautionary tales?

Or maybe it's working for you. If so I'd be interested to hear where I'm wrong. 👇

14/02/2024

Budget Breakdown Of Wholesale Of USA Marketplace:
1st Month:
LLC(Complete Package) = $700-$800 (Depends upon the state).
Website creation = 100-150$.
VA Salary=300-400$(Working on hunting of brands and distributors and getting approvals from them).
Total Cost = 1300-1400$.
2nd Month:
Testing a few products and purchase them in a low quantity only for checking that the products are profitable and the products have sales or not.
For Example: If the sourcing price of one unit of 4 different products is 20$ and we buy 20 units of each then the total cost is
20$(Per unit)×4(Products)=80$
80$×20(Units)=1600$
Prep Service Fee:
0.7$(Per each unit )×80(Total
units of all 4 products)=56$
VA Salary: 300-400$.
Professional Account fee: 40$.
Total Cost: 2000-2100$.
3rd Month:
If we buy 70 units of each product and our total products are four and the price of per unit of each product is 20$ then
70(Total pieces of per product)×20$=1400$
1400(Total cost of each product)×4(Total)=5600$
VA Salary: 300-400$.
Professional Account Fee: 40$.
Total Cost: 6000-6100$.
If you have guys more investment like 7-8K$ dollars, then you can also go with more expensive products. And obviously if products are expensive then you can also earn a good profit from that products. It totally depends upon your budget.
Why Wholesale FBA is the safest business model?
FBA Wholesale is the safest module of Amazon because it has more advantages and fewer risks with ROI 25-30%
Wholesale Success Rate: 75-85%.
Contact us 0311 7351533

Call now to connect with business.

14/02/2024

*How to Sell Private Label Products on Amazon?*

There have never been more opportunities to offer products through Amazon. You can sell your original creations. You can sell popular branded products. Most importantly, for this very guide, you are also able to sell private-label products.

If you are a newcomer to the term “private label,” you likely have a few questions. What are private labels? How do you sell them on Amazon?

*What is a private-label product?*

In simple terms, a private label product is something that you market as your own, but it was actually manufactured by another company.

You put your private label, aka brand name, onto an undistinguished product. This isn’t like taking a Samsung phone, slapping on your logo, and saying you made it – that’s called fraud. A private label is taking a generic product, preferably a great one, that you are legally allowed to promote under your brand.

For an example of a private label brand, look no further than Amazon themselves. Their Amazon Basics range is not manufactured in-house. Instead, they source items that are made by other producers. These products are then sold under the Amazon Basics name as an Amazon product.

*How to Sell Private Label Products on Amazon?*

You have seen the pros and cons, and have made a decision: you’re ready to get up and running. When learning how to sell private label products on Amazon, the first tip is not to rush into the process.

The biggest error new clients can make, as we constantly remind them, is attempting to run before they can walk. All it takes for your private label dreams to crash and burn, along with a sizable chunk of cash, is the wrong product, the wrong market research, or the wrong angle.

If you have yet to get started as a seller on Amazon, you first must create an account on the platform. There are two seller account options on Amazon: Individual and Professional. Here’s a quick summary of the two:

*Individual Seller Account*

This account type is free for everyone to create and allows you to list up to 40 products. The downside is that a commission – in the form of $0.99 – is applied to each Amazon sale you make. Furthermore, a 15% consolidated fee is applied to your sales. You also cannot gain approval for any products found within restricted categories.

*Professional Seller Account*

This account type is free for everyone to create and allows you to list up to 40 products. The downside is that a commission – in the form of $0.99 – is applied to each Amazon sale you make. Furthermore, a 15% consolidated fee is applied to your sales. You also cannot gain approval for any products found within restricted categories.

Our recommendation is to first start out with an Individual Seller Account. This helps to save money as you get up to speed with the platform. Once your products are all listed on Amazon and ready to ship, switch over to the Professional Seller Account to maximize results in the long run.

Either way, you only need an account to get started on your private label journey.

*Ready to witness similar growth for your Amazon business?*

Partner with us, the experts in Amazon PPC advertising, and let’s propel your sales and profitability to new heights.