How to Grow An Amazon Business Into A Real Brand #WednesdayWithWyan
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 793 Ratings
🗓️ 3 April 2019
⏱️ 10 minutes
🧾️ Download transcript
Summary
You sell on Amazon but you want a brand, can the shift be done and if so, what steps should you take? Ryan Daniel Moran breaks down for you.
First, mindset: you are not just an Amazon seller, you are a brand. Second, identify: find out who and where your customers are. Third, diversify: get out of the Amazon platform and get to your customer!
Transcript
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| 0:00.0 | If you want to be super profitable, if you want to be profitable from the moment you go into business, |
| 0:07.9 | if you want to have the eight figure exit, if you want to rule Amazon, you have to do more |
| 0:15.6 | than just understand what the metrics are on Amazon. |
| 0:20.5 | Hey, |
| 0:21.7 | Capitalists, |
| 0:24.2 | it's time to crack open your favorite beverage. |
| 0:25.4 | I like Zivia. |
| 0:30.6 | This is Wednesday with Wyin on Capitalism.com. |
| 0:31.4 | Hey, |
| 0:32.4 | so what's it, guys? |
| 0:34.9 | I'm just coming back from the gym. |
| 0:40.7 | I'm coming out of a gym slump. It's time to get my body back. |
| 0:48.6 | This is for you Amazon sellers specifically. I just came back from, I had a workshop at my lake house where I invited people who follow me to come to a workshop that I call eight figure exits. |
| 0:56.4 | It's all about building a business to sell. |
| 1:00.5 | So we lay out the model of what it looks like to build a business that is sellable and |
| 1:05.4 | then kind of reverse engineer all the things that need to happen in order for you to be acquired. |
| 1:13.0 | And everybody in the room was an Amazon seller. |
| 1:17.6 | So I'm going to talk to those of you who sell on Amazon because I think a lot of you |
| 1:22.9 | are missing really big, obvious opportunities. |
| 1:26.2 | You know, I have never considered myself to be an Amazon |
| 1:29.7 | seller. I'm an entrepreneur, and they are different. You might think they're different, |
| 1:35.4 | because there's a lot of YouTubers who are talking about being an entrepreneur by selling on |
... |
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