Episode 44: 8 Figure Strategy | Launching Private Label Products on Amazon with Derek James
In today\u2019s episode, we interview Derek James, an 8 figure private label seller on Amazon and Amazon coach who has made $200 million with all new ASIN\u2019s. We begin by discussing launch strategies for private label products and brand licensing, including the importance of budgeting and category research. We talk about getting returns on your investments both at Derek\u2019s scale and smaller scales. We also talk strategy for lighting deals and other deals. We then talk about removing stress from managing an Amazon business using virtual assistants. We then segue the conversation into Derek\u2019s program for training VA\u2019s. We finish by discussing the importance of quality education from trusted sources to help build your business on Amazon. To get in touch with Derek or to learn more from him, go to https://derekjamessells.com/
-Launch Strategy for New Products; Returns on Investment 2:45
-Deal Strategies 14:52
-Removing the Stress From Managing an Amazon Business: VA\u2019s 24:16
-Where to Go For Advice For Your Amazon Business 30:03
\u201cYou have to be clear, in your vision, about what is it going to take, monetarily, to maybe enter this category. What\u2019s my cost of goods? What\u2019s my landing cost? Have I built an ad campaign cost? What\u2019s my creative cost? Am I shooting video? Do I have my trademark already done so I can do enhanced brand content -- EBC, A+ content, all these things. Those are all things that in the beginning we would look at.\u201d 4:19
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