The Sales Funnel 101 course was specifically designed to show even absolute beginners how to set up simple Internet marketing funnels.
Enjoy the training below:
If you’re not ready to build your own funnel yet, you can just use mine and profit from all of the hard work I’ve done…
This summary and checklist is intended to be a “quick reference” companion to the Step-by-Step Guide to Amazon FBA PDF Guide.
Be sure to read through that guide before getting started with Amazon FBA — but once you do read it you can use this document to help you move through the important aspects of the process quickly and efficiently.
Checklist #1: Remember your basic workflow
Identify a product for which there’s a strong, but still reasonably small, demand.
Verify that there are no dominant sellers of that product.
Research possible suppliers of that product.
Make your wholesale product order and prepare the items for Amazon.
Ship your products to Amazon and prepare your product page listing.
Be active in managing every step of this process!
The biggest challenge in that workflow is to identify the product that’s going to give you the best chance to reach your goals with Amazon FBA, whether that’s to maximize your profits on this item only, or to potentially build a much larger business over time.
To help you in this process, we’ve created the checklist below.
In summary, you’re going to look at the market that you think might hold the best opportunities, realizing that some categories of goods are more suitable than others.
Start drilling down to try to identify products for which there is a current (and hopefully growing!) demand, but where that demand is not being served by a large number of sellers on Amazon.
The more items you can check below, the more likely it is that product has the potential for some serious financial upside for you on Amazon FBA:
Checklist #2: Consider The Physical Characteristics of Your Product
Is your product relatively small? (This means almost certainly no larger than 1 cubic foot for your first Amazon FBA project.)
Is the product one for which you can take high quality pictures and videos that present the product in a favorable and desirable way?
Is the product you’re considering relatively lightweight (i.e., weighing no more than a pound or two)?
If you’re going to try to do private labeling, then is the product one for which you can easily and effectively (and affordably!) attach your own brand? Keep in mind that a poorly branded item may actually be perceived more negatively by consumers than a similar generic or non-branded item.
Checklist #3: Consider The Financial Elements of Your Product
The average sales price for the product is between $12 and $50.
Is the product one that you can purchase at a price that’s no more than 20-25% of the price you plan to sell it for on Amazon.com? (When calculating this price, be sure to look for even less expensive items if the shipping costs from an overseas manufacturer are likely to be significant.)
Checklist #4: Consider the Market for Your Product
No national, name brand already dominates in sales.
The product and its market have multiple keywords.
The top keywords for the product and its market have a high number of searches done for them.
Are there at least two or three similar products for which the Amazon Best Sellers Rank is less than 10,000? (This threshold should not be taken as an absolute minimum, and you may be justified choosing a product with lower current rankings if the other considerations are favorable.)
Do the currently top selling products have an average of less than 300 customer reviews on Amazon?
Is there the potential to position your product differently from the current FBA sellers? (We’re talking about things like combining your product with other related items, or selling complementary products alongside it, or using unique and creative branding strategies.)
Is there the potential to easily develop a market where customers will reorder your product, perhaps even on a regular basis?
That’s it! 🙂
Please leave your comment if you enjoy this checklist and also, the free Step-by-Step Guide to Amazon FBA PDF Guide.
Here’s the thing…
Certain websites sell so well is NOT because of the design or the video that they use.
That’s exactly what you’re about to discover in this article, where we’ll look at 3 psychological sales triggers you can put to work for you starting as soon as today.
You can use these triggers in your sales letters, blog posts, newsletters and more.
You can use them to get more subscribers, get sales, get referrals… or whatever else you need to grow your business.
Here they are…
Sales Psychology Trigger 1: Evoke Reciprocity
Reciprocity works like this: if you give your prospects something valuable, they’ll feel obligated to give you something in return. This “something” might be a referral, a sale, an email address, or something else of value to you.
The reason this works is because we tend to get psychologically uncomfortable when we feel like we owe someone something.
TIP: This doesn’t work on everyone. Some people have an entitlement mentality, and you could deliver valuable stuff to their door all day long. And yet they’d have no feeling whatsoever that they owe you anything.
On the flip side, you can’t be a conditional giver. In other words, you can’t give with the expectation of receiving something back. So give freely and don’t worry about whether others are giving you anything in return. Help your prospects, even if you aren’t rewarded for it. If nothing else, this will give you a great reputation in your niche (which, in turn, will boost sales).
So how do you work this into your marketing?
The easiest way to do this is by offering a free lead magnet product, and then sending good content to your mailing list.
You can also share good content on your blog and social media platforms. These simple steps will trip the reciprocity trigger.
The key to making this work is to remind people of the trigger when you ask them for a favor.
For example: “Since I’ve given you this free video, I’d like you to do a favor for me – click this link to tell your friends about the video. They’re sure to love it just as much as you!”
See how that works? You remind people what you’ve given them, and then you ask for what you want. It’s an “I’ll scratch your back if you scratch mine” sort of concept. And yep, it works like crazy to boost response rates.
Now let’s have a look at the next trigger…
Sales Psychology Trigger 2: Arouse Curiosity
Curiosity is a powerful motivator. That’s because when you inject it into your content, it’s like creating an itch that your readers need to scratch. And the only way they can scratch this itch is by taking some specific action (such as joining your list or buying a product).
Do you ever remember the original BluBlocker sunglasses and their advertising?
Marketing expert Joseph Sugarman eventually took over the marketing for these glasses, and they sold tens of millions of pairs. One thing Sugarman did was create curiosity in the original TV ads.
By showing the reactions of real people as they looked through the sunglasses for the first time. They usually exclaimed, “Wow!” And then they’d go on to talk about how everything looked so amazing, and how they’d never worn sunglasses like this before.
Sugarman admitted that they could have slipped a BluBlocker lens over the camera lens to show the home audience what it’s like to look through those sunglasses.
But they didn’t do it, because they wanted arouse the home audience’s curiosity about what it’s like to look through those glasses.
The only way to scratch that curiosity itch was to order the sunglasses by mail. It worked! The BluBlocker company sold millions of pairs of sunglasses in their first few years.
Now you too can use curiosity. Let me give you a few examples…
Example 1: Use curiosity to ensure people keep reading.
Whether it’s a blog post, email, report or even a sales letter, you can evoke curiosity in the beginning or even the middle to keep people reading until the end.
Let me give you a few specific examples:
For example: You’ll find out what exercise the world’s most elite militaries have used for 500 years to train their best soldiers!
For example: So you’re probably wondering if Jane met her goal and lost 50 pounds. You know what? I think the results are really going to surprise you. I’ll tell you all about them in just a few minutes. But first, let me share with you the #1 mistake dieters make that stalls your progress…
For example: Jane got amazing fat-loss results using the same secret your favorite Hollywood celebrities use when they need to shed the fat fast. You’ll discover this secret in just a moment. But first…
Example 2: Make people curious about a product.
Let’s say you’re selling a book about how to get traffic. You might arouse curiosity by saying something like this:
You’ll discover the closely guarded traffic source that’s never been revealed before – just wait till you see how much traffic it brings!
You can bet anyone who is interested in getting more traffic will be a bit curious about this little-known traffic source.
Here’s another example that would make a great benefit statement in a bulleted list:
You’ll find out which common herb reduces fine lines and wrinkles – you may already have it in your cupboard! (See page 15 to find out what it is.)
So you can see how this all works. Make people curious, and you’ll keep them hooked on your content, joining your list and buying your product just to satisfy their curiosity.
Now the next powerful sales trigger…
People are always a little skeptical whenever they’re reading bold claims in ads or other content. However, there are ways to reduce their skepticism and make them more likely to believe what you’re telling them.
One of these ways is by being specific about your claims.
The best way to explain this is with an example. Take a look at these two statements:
Those statements are exactly the same, except for the dollar amount. The first one is an even $5000, whereas the second statement is very specific.
Guess which statement is more compelling?
If you guessed Statement 2, you’re right. That’s because it’s highly unbelievable that someone made exactly $5000 last month. It’s far more believable that they made $5223. Because the claim is specific, it seems more believable.
This doesn’t just work for dollar amounts – it works for most anything where you can be specific about a number. This includes:
So you get the point. Whenever you can be specific about a number or any other detail, do so because people are more likely to believe specific claims.
So use these psychology triggers in your next marketing campaigns.
By the way, did you realize that I use 2 of the triggers for the title of this article to get your attention to read?
That’s triggers in action – without being obvious.