Category Archives

Archive of posts published in the category: eCommerce
Jan
4

A unique Amazon FBA Model – Wholesale arbitrage

In recent years, eCommerce as well as other forms of online businesses and transcations have seen exponential growth and public addoption,

On top of the eCommerce chain, lies Amazon.com that grew from a simple online bookstore to a 800lb gorilla of online commerce.

Online Wholesale Arbitrage – Building a 7 Figure Business

Now why should you care?

Well if you are into online business and entrepreneurship in general, their FBA program might be something you want to look into, due to the enormous potential it holds.

Using their network of warehouses, you are able to ship your products to them and that is about it. There is no need for customer support, shipping, returns or any of that, which makes it a great tool to run your business and keep it as passive as possible.

All you need to take care of, is that you keep in stock, as product tend to sell out FAST! The people shopping on their platform are what you call “credit card in hand” type of people and this is where the biggest opportunity lies.

By leveraging their customer base of millions of shoppers, it is fairly easy to build your online business and brand.

Wholesale prices, Amazon Profits

But there is a better way of doing things, than your traditional private labelling…

This is something you could call the Amazon FBA wholesale arbitrage. It sounds complicated, right? Well, it isn’t if you have the right strategies in place.

The way it works is by searching through millions of products from wholesalers and comparing their prices to online prices. Once a profitable product is identified, you simply order the merchandise and list it on Amazon at a markup.

There are already people doing this exact “arbitrage”, but have only been able to do so, because of a special software that is able to analyse millions of products to find the most profitable ones (something that would not be possible to do by hand). The training course on the subject is called the 7 figure cycle and is launching in January 2018. If you would like to read the full review, hop over to gfkAmerica.com and read their analysis.

The guys behind it are Aidan Booth and Steve Clayton, who already have hundreds of successful students from their training courses 100k factory and 100k factory ultra.

Be sure to be on the lookout and follow gfkAmerica.com for the latest updates.

Dec
27

eCommerce Business Trends for 2018

What Are The Most Perspective eCommerce Business Trends For 2018?

Aidan Booth and Steve Clayton from 7 Figure Cycle: 

I assume that in 2018 eCommerce business will become more data-driven and with a greater focus on customer lifetime. It does not always have to be the big data club or even machine learning or artificial intelligence to build a 7 figure business. But the intelligent market, customer, and behavioral analytics can more efficiently control, automate, or extract new knowledge from the data that provides a direct competitive advantage to existing marketing campaigns and systems. Similar to eCommerce Business Intelligence, I assume that sooner or later we will need a kind of marketing intelligence in which metrics across channels and systems can be aggregated and meaningfully evaluated.

The gap between the companies that holistically understand marketing and rely on high-end online marketing technologies and the average medium-sized enterprises eCommerce businesses will further diverge, which will exacerbate the competitive situation in many areas. The subject of video will undoubtedly continue to grow massively in 2018 as a whole. Via social media platforms like Facebook or YouTube-driven videos, as well as spontaneous and authentic clips on Snapchat offer a high differentiation and branding potential in more and more accessible target groups.Snapchat as Online Marketing Opportunity in 2018

James Attherton, Union Jack News Editor and eCommerce Specialist:

2018 will be dominated by the topics of live video anywhere, anytime, chatbots, artificial intelligence, paid media and consolidation. Businesses, as well as public figures, will increasingly express themselves with live videos on a wide range of topics and respond directly to reactions and questions from viewers. Many 7 figure companies will devote themselves to chatbots and gain their first experiences. In the process, they will find that a chatbot automatically sends out the last content on the website won’t be enough and won’t be accepted, but solutions with artificial intelligence that add value to the user are required. With high certainty, the last company will understand in the coming year that on the social media channels adequate media budgets are necessary to achieve good results and Paid Media basically on Facebook and co. Consolidating or consolidating presences, actions and goals into online and especially social media channels should, in my opinion, be an important topic on the ToDo list for 2017 – in any case it would be necessary and useful for many companies. Find more business and eCommerce predictions an the full insights on the official 7 figure cycle website here: 7figurecycles.netArtificial Intelligence as Online Business Trend

Sam Garfield, Entrepreneur and DiyHappy CEO:

In 2018 eCommerce marketing will once again move in entirely new directions. One of these directions will be chatbots, which in particular improve customer service of 7 figure eCommerce websites. Already today, Facebook rewards corporate pages for answering requests from users quickly and comprehensively. Chatbots will ensure next year that we as consumers can shop more efficiently because they learn from our behavior and preferences. This topic should not be confused with that of social bots, which are often used to disguise disinformation deliberately. Chatbots, for example, will be used to answer standard customer service questions or to book airline tickets and display the boarding pass. Even as personal assistants, chatbots will be used and make our digital life easier wherever it is possible. The ability of the bots to independently learn from our dealings with them will result in unthinkable and very practical applications in which chatbots will then play a central role.Chatbots as Marketing Trend in 2018

Get More Information About How You Can Start an 7 Figure eCommerce Business in 2018 and the trends In the Video Below:


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Oct
26

Is eCommerce Giant Amazon behind the Bitcoin Boom?

Amazon eCommerce Platform CEO Jeff Bezos

Amazon is using first class e-Commerce Technology for years. Is Bitcoin their next step?

The rumors from the Silicon Valley are condensing: e-Commerce Titan Amazon would like to allow Bitcoin as a means of payment. That would be a milestone for digital money. The online giant Amazon could soon permit the Bitcoin crypt as a means of payment. Corresponding rumors have gathered in recent weeks in Silicon Valley, California. Voices are coming from the environment of innovative finance companies, so-called fintechs, based on information from the investor, book author and start-up founder James Altucher.

Amazon eCommerce Platform CEO Jeff Bezos

The often well-informed large investor had already expressed the expectation in his Report weeks ago that Amazon could already announce the move to the presentation of balance sheet figures on Thursday this week. Amazon would be the first Global ecommerce Company to accept a software-based virtual currency as a means of payment. Fintech circles in the American Silicon Valley now supported this speculation. Even if the date in October could not be held, the Bitcoin introduction is expected to be timely, it said. It would be a milestone, not just for Bitcoin, but for digital money as a whole. The spread of large-scale cryptic payments could have far-reaching implications for the banking sector and the financial sector in general. Amazon could position itself as an innovation leader. At the request of the newspaper, Amazon had a clear denial: “No announcement was made on the subject of your inquiry,” a company spokesman explained. It is usual at Amazon, “they only express new ecommerce products or services, if they are usable for their customers – but they do not want to participate in any speculation until then”. Will Amazon going to accept Bitcoins?

Industry recognizers believe the rumors are still valid. “I see no reason why Amazon should not allow Bitcoins as a means of payment,” said Oliver Flaskämper, head of Bitcoin Germany. The US technology expert could thus position himself as an innovation leader, while at the same time the risk of exchange rate risks with the buyer. “It is already possible to buy at Amazon and pay with Bitcoins via service providers” explains Flaskämper, who runs the largest German trading site for crypto sciences. Many Service providers take Bitcoins, exchange them in euros or dollars and pay the ordered goods at the online dealer. That’s why Amazon could decide to make a detour via a service provider superfluous.