E-commerce, Amazon FBA, & Investing In The Industry
How to best leverage this elephant in the room?
Building your own brand
The only way to stay ahead and really win is to have your own brand, and not just a label on a generic product – but a true brand built for an audience.
Investing in existing Amazon businesses
The world of investing in online businesses has skyrocketed. But the most popular sector, in Michael’s opinion, is Amazon FBA investment. It is a extremely transparent to vet, and there are clear ways investors (buyers of the businesses and brands)
Don’t think you are an investor?We all are in one form or another. From a bootstrapping entrepreneur spending your time (and money) on a course and/or learning it by spending your time, to a business partner joining an existing e-commerce business as a equity shareholder, to a traditional investor looking to invest in a portfolio of Amazon FBA businesses.
For Michael, he has moved towards the world of having a stake in a company that has a portfolio of Amazon FBA brands. This is a more diversified investment approach that allows him to have upside in a network of products and brands and seller central accounts.
What does this mean? Lower risk.
Having a network of Amazon FBA brands allows you as an investor to be able to worry less about all your earnings from 1 product or listing.
Diversified supply chain. Having multiple brands, means multiple suppliers. The best is not just multiple suppliers in 1 country, but also in various countries and having multiple supply chain options per product line. Especially in 2020 with health concerns in the supply chain.
Ecommerce is a solid way to earn a solid income online in a consistent way. From starting your own business from scratch, to selling your brand, to investing in a portfolio of businesses, Michael has been through it all and would love to connect with you on your ecommerce endeavor.
Need personal help right away?Want to fast track your own business needs?
If you are serious about growing your business in the right direction - Michael Michelini and his team are ready to work with you on that through a Power Hour Session.