Starting an Amazon business today is a completely different ball game compared to starting to sell in 2015. These days, you'll need more than just good-looking listings and great copy to hit that highly 7 or 8-figure revenue milestone.
I've invited fellow MDS member and 8-figure seller Talor Zamir to tell us exactly how he's built multiple businesses up to the 8-figure mark, how he got started in the ecommerce industry and the valuable lessons he's learnt along the way. He's also got some tips in store for those of you who are thinking of starting something new for 2023.
Don't have the time to listen through the whole episode? We've got you covered. Here's some of the highlights from the episode:
- Introduction to Talor Zamir – 1:22
- How Talor differentiated products in his first business – 9:45
- What Talor's best performing businesses had in common – 15:53
- Talor's Differentiation Strategy #2 – Earning your customers trust – 18:52
- Why Mike started the Ecomcrew Podcast – 25:13
- Talor's Differentiation Strategy #3 – 27:23
- How much time Talor spent between selling and starting businesses – 29:25
- What Talor's working on currently – 34:00
The lessons here are definitely something everyone should take into consideration before starting your business. No matter how attractive it might seem to sell any product with a high search volume, the riches are in the niches and the best niches are the ones where you can see yourself as the ideal customer.
This advice may seem obvious to the experienced seller, so I'll echo out a piece of advice for those with mid-sized businesses: do a lot of thinking time. Spend some time outside of the daily work to-do list to think about what you can do to take your brand to the next level.
I won't spoil anymore for the episode, but hopefully this convinces you to listen through the whole thing. However, if you're more interested in what Talor has to say after hearing his story, check out the Peak Performance Life Podcast where he speaks with physical and mental health experts on how you can start prioritizing your health better.
Lastly, big things are happening this week with EcomCrew Premium. We’re going to be launching for the last time in 2022, and this is going to be our biggest sale ever! On top of the heavily discounted rate, we’re giving an additional 20% off to those who register for our waitlist.