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#614 - My First 6 Figure Month On Amazon!

Serious Sellers Podcast · with Shanshan · November 16, 2024 · 34 min

Summary

This episode features an Amazon seller who achieved her first six-figure month, detailing her journey from selling face masks to successfully launching and scaling a niche apparel brand. The discussion focuses on her product validation strategies, including the effective use of Etsy and PickFu, offering valuable insights for sellers looking to diversify and de-risk new product introductions on Amazon.

Key takeaways

Themes

amazon & marketplacesproduct & merchandisinganalytics & attributionfounder & leadership

Topics covered

amazon selling strategiesproduct validationetsy product researchpickfu for product testinghelium 10 audienceniche product developmentmarket trends and product opportunitiesdiversification strategies

Episode description

In this episode, we’ve got a guest back on the show who was first on the podcast years ago when she was just starting out. Now, she’s going to share how she’s leveled up to her first six-figure month and how she stays in $6,000-per-month apartments for free.

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Utilize Etsy as an initial vetting platform for product ideas, especially in apparel categories, to gauge early market interest and identify potential winners.
What does this episode say about product & merchandising?
Integrate PickFu (or Helium 10 Audience) for more robust product research, particularly for standalone or novel products, by testing against competitor similar products and asking targeted questions to assess market desirability.
What does this episode say about analytics & attribution?
To de-risk new product development, create polls with multiple (e.g., 10) product variations or competitor products and aim for your product to capture at least 20% of votes to indicate strong potential.
What does this episode say about founder & leadership?
Leverage trending cultural phenomena, like celebrity endorsements or popular tours, to identify and capitalize on product opportunities, even if not directly branded.
What does this episode say about amazon & marketplaces?
Continuously diversify product offerings and be prepared to pivot from failures quickly; successful products can offset losses from less successful ventures.

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