How The Amazon Game Has Changed For Beginners w/ Igor Kustov

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneur, Amazon, Lifestyledesign, Investing, Startup, Ryandanielmoran, Finance, Cashflow, Freedomfastlane, Lifestyle, Business, Passiveincome, Financialfreedom, Entrepreneurship

4.8 • 793 Ratings

🗓️ 21 June 2018

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

Show Notes

Ryan had a great chat with Ukrainian entrepreneur Igor Kustov on adapting to the new Amazon game. If you’re selling physical products online, you need to hear this episode right away; you might benefit from the actionable tips Ryan had for us. Here are some of them:

Establish a community

You used to be able to just give product away and, by that alone, rank high on Amazon keyword searches. Those days are over. If you want to rank on Amazon, you need to have a large audience of engage customers, with good numbers on an email list. If you have that engaged community, Amazon will reward you.

Use Facebook Messenger

Facebook Messenger is a really powerful tool for building that audience you need. It’s great at connecting people to your product and keeping them engaged. Make sure to learn the ins-and-outs of it.

Don’t ask for reviews until you’ve delivered value

If you are good to your customers, they’ll be good to you. Ryan’s often waited a year before asking particularly enthusiastic customers to post an online review of his products. No one will write nice things about you if they don’t know anything about you; build a strong relationship with lots of people and they’ll be singing your praises!

It was great chatting with Igor Kustov!

Key takeaways:

Build a strong community
Embrace the power of Facebook Messenger, and
Only ask for reviews after you’ve delivered value

Transcript

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0:00.0	And what I have learned is that you don't sell businesses for, you know, 20 to 40 million
0:09.0	dollars if you're doing black hat stuff.
0:11.7	You might make $10,000 a month.
0:14.7	You don't sell a business for $10 million or more when you're just resorting to tactics
0:19.7	that aren't going to be around next year.
0:26.3	You're listening to Freedom Fastlane presented by Capitalism.com.
0:30.7	This is the show about building businesses and investing the profits so that you can live life on your terms.
0:45.3	Thank you. investing the profits so that you can live life on your terms. So, Ryan, hi again. I'm really happy to see you here.
0:50.2	Pravite.
0:50.8	How's Prave is very, very good.
1:02.0	For our audience, I'm going to tell that this is a totally unprepared role interview with Ryan Daniel Moran, one of the most well-known Amazon entrepreneurs in the world, like in the US, but...
1:09.0	Definitely the best looking. 100% the best looking
1:12.1	actually I have one of questions that's our community wanted to ask you is like
1:17.4	how you can earn so much money and stay that good looking guy it's tough you or
1:24.5	it's not for everyone a lot of hard work and dedication, you know.
1:29.0	We can we go into the details if you want, the biohacks that are used, of course.
1:33.9	Yeah. Actually, I really want to hear that. So let me introduce you properly.
1:40.4	Ryan Moran, Amazon entrepreneur, author and the host of Freedom Fast Line podcast.
1:46.1	I know that a lot of our guys are listening to your podcast, Ryan, and personally I am,
1:52.3	and one of our top sellers are regularly listened to your podcast, so you're doing a great job,
1:58.1	and we're very thankful for you for that.
2:00.9	Thank you.
	...

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