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Episode 154 – Selling on Amazon

  –   – If you are considering selling your product online, it is definitely a strategic process to determine which platform is best and why. It is extremely important to be knowledgeable on each platform that is available to save yourself from l…

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Good writing is a business advantage with George Tannenbaum

Words matter. And when you’re a master of words like George Tannenbaum, it is a skill that is timeless and in fact, ageless. George is Chief George Officer of GeorgeCo., where he runs the world’s largest one-person agency, but before that he was the former copy chief and ECD on IBM at Ogilvy. And here’s…

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Rand Fishkin on “The Wall Street Journal Problem”

Rand Fiskin’s Very Good News, Launching a Pandemic-Era Company and Getting Audience Savvy

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06: Carmax Co-Founder Austin Ligon on The Gold Standard of Branding

Austin Ligon has demonstrated influence at the highest level, the ability to not simply launch a new product, but an entirely new…

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Activism and Active Listening

Have you ever considered yourself to be an activist? You may be one already and aren’t aware of it. There is nothing more challenging than moving through life without intention and that includes activism.  We thrive on creating what Micky Scottbey Jones calls Brave Space.  In this episode, I discuss: The 5 things you need…

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How to Launch a New Business When All You Have Is A Dime

Frustrated in his corporate job and struggling in his marriage, parenting and finances, Seth started with a single dime, with a dream that if he kept doubling it, he could leave his corporate job and create margin for him and his family. Today, Seth is a full time Amazon seller and is the founder of Just One Dime, a coaching company for Amazon FBA sellers. Seth has students in over 100 countries, was flown to Amazon’s headquarters to be consulted for improving Amazon’s third party platform, was asked by a company owned by a shark 

from Shark Tank to run their online Amazon and ecommerce division, run a sourcing team in China, and was requested by two countries to train their top businesses.

 

Show Notes

“Life’s too short to hang out with people who aren’t resourceful.” – Jeff Bezos

 

It is pivot season! Thanks to COVID-19. Perhaps you’ve turned to having a digital business and particularly an Amazon store. But how much do you know about how to do it really well?

 

This week, The Entrepreneurial You podcast invites Seth Kniep to share his wealth of knowledge on “How to Launch a New Business When All You Have Is A Dime.”

 

Here is a snippet of what  Seth shared:

 

“First you find a product that is solving a problem and you make sure that the top competitors for that product that are selling it at least five of them have fewer than 100 reviews, which means if someone with less than a hundred reviews is selling really well, then you can launch a new product and probably sell it very well. Also, then you make sure it’s selling at least 12 to 15 times a day. That’s a general rule profit is more important than how many times it sells but that always ways indicates if between 12 and 15 minimum indicates, very strong demand for a product you find that product you make sure there aren’t too many reviews as using the criteria I mentioned and then you start reading the critical reviews and you ask yourself a simple question when I look at all the critical reviews or I should say the top-ranking critical reviews for the top competitor What are the customer saying that they don’t like about this product?”

 

Listen to the episode and let us know what is your biggest takeaway.

 

Connect with Host and Creator, Heneka Watkis-Porter

 

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WhatsApp – 1876-849-2571

 

Support The Entrepreneurial You here fo US$5.00 monthly: https://glow.fm/tey.

 

Connect with Seth Kniep:

Website

Twitter (business)

Twitter (personal)

Instagram

 

Visit our Sponsor: Jamaica Stock Exchange

 

SHOP The Entrepreneurial Store: https://henekawatkisporter.com/store/

 

BOOKS by Heneka Watkis-Porter: https://henekawatkisporter.com/books/

 

LEARN Podcasting: https://henekawatkisporter.com/learn/

 

Book Heneka Watkis-Porter to SPEAK: https://henekawatkisporter.com/speaking/

 

LISTEN to other podcast episodes: https://henekawatkisporter.com/teypodcast/

 

READ our blog: https://henekawatkisporter.com/blog/

 

Looking for spiritual upliftment? Listen to My Daily Devotion. A very short devotional to get you closer to God. Listen on: 

Apple Podcasts

Google Podcasts

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Madison Avenue Manslaughter with Michael Farmer

Michael Farmer wrote Madison Avenue Manslaughter. Do you need more setup or context for today’s show?  He’s been in the advertising business for over 30 years and has seen it (not) change, (not) evolve and (not) move with the times. That’s the problem really. The resistance to change and inability to disrupt itself in order…

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Podcast Marketing on Instagram AND Twitter

Should you market your podcast on Instagram or Twitter?Learn more on this episode!
00:00​ Intro
01:40​ Where to Market Your Podcast
02:48​ Instagram Podcast Marketing
03:31​ Best Instagram Content
10:01​ Twitter Podcast Marketing
16:02​ Recap…

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