Should You Sell Your Products Through Amazon or on Your Own Website? | Ep. #274

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.6 • 1.4K Ratings

🗓️ 1 May 2017

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

In Episode #274, Eric and Neil talk about whether you should sell your products through Amazon or just post it on your website. Listen as Neil and Eric lay down both pros and cons of Amazon and your own website and why they think you’re not necessarily building a business by selling only through Amazon. Time Stamped Show Notes: 00:28 – Today’s topic: Should You Sell Your Products Through Amazon or On Your Own Website? 00:24 – “Amazon is a gold rush” 00:42 – Check out Steve Chu’s site called, My Wife Quit Her Job 00:47 – Amazon one topic that everyone is talking about 00:52 – The problem is, you’re not building a business by selling in Amazon 01:21 – Sell on Amazon BUT sell on your website as well 01:34 – You have to build your own asset, email list, traffic sources, and community 01:51 – Jeremy of Muscle for Life sells both on Amazon and website 01:57 – He sells more on Amazon than in his website 02:17 – Do both to generate extra sales 02:24 – Even intangible products can be sold on Amazon 02:46 – Amazon has so much data on what does well and they try to offer the same item with their own brand 03:25 – This week’s giveaway is a 1 year subscription to Alexa – an SEO tool that is now owned by Amazon 03:55 – Subscribe, rate and review Marketing School 03:59 – Text MARKETINGSCHOOL to 33444 04:23 – If you have any marketing related tool fit for the podcast, do reach out to us! 04:36 – That’s it for today’s episode! 3 Key Points: Selling on Amazon doesn’t mean you’re building a business. It’s important, as a business, to have your own asset, email list, traffic sources, and community. The biggest downside in selling through Amazon is you cannot stop them from selling the same product you have through their own brand. Leave some feedback: What should we talk about next? Please let us know in the comments below. Did you enjoy this episode? If so, please leave a short review. Connect with us: NeilPatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Get ready for your daily dose of marketing strategies and tactics from
0:06.8	entrepreneurs with the dial and experience to help you find success in any
0:11.4	marketing capacity. You're listening to marketing school with
0:14.8	your instructors Neil Patel and Eric Sue.
0:21.0	All right guys before we start we got a special message from our sponsor.
0:27.0	If you want to Rank hire on Google, you got to look at your paid speed time.
0:31.5	The faster your website loads, the better off you are. With
0:34.4	Google's core vital update, that makes it super, super important to optimize your
0:38.5	site for low time. And one easy way to do it is use the host that Eric and I use dream
0:44.5	host so just go to dream host or Google it find it check it out and it's a great way
0:49.7	to improve your low time. Welcome to another episode of marketing school.
0:55.0	I'm Eric Sue.
0:56.0	And I'm Neil Patel.
0:57.0	And today we're going to talk about if you should sell your products
1:00.0	through Amazon or your own website.
1:02.0	So as we all know, right now,
1:03.9	Amazon is a gold rush in terms of physical products.
1:07.4	You can see everybody's talking about it.
1:09.6	You know, one of our mutual friend Steve Chu,
1:12.0	he has a site called My Wife Quitter Job.com. If you are
1:15.1	into physical products you should double check it out. But Amazon is the one topic that everybody
1:19.3	is talking about in the physical product space. Now, the problem with Amazon right now
	...

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