Set up For HUGE Prime Day Success with Amazon FBA NEW 2018

[Set-up For Huge Prime Day Success with Amazon FBA (New for 2018)] ►► FREE CRASH COURSE: http://ryananddaniel.com/crashcourse In this video, I'm going to cover how you can take full advantage of the biggest sales day of the year on Amazon Prime Day with a seven-step process to maximize your sales results. If you're selling private label products on Amazon FBA, then this is an absolutely massive opportunity for you. You want to make sure you pay close attention to what I'm about to show you in this video. Hi, I'm Daniel Audunsson, the co-founder of Ryan and Daniel.com. During the last six years, I have experienced some incredible days in terms of sales. More recently, the biggest ones have been during Prime Day. It can be absolutely mind-blowing just how many sales you can get during this one day. I'm excited to share the most important lessons I've learned on how to fully capitalize on this 24-hour period here in this video so let's get started. First off, I want to tell you a few quick things about Prime Day that I think are important for you to be aware of. Prime Day always occurs in mid-July, and it began in 2015 to commemorate Amazon's 20th anniversary. On Prime Day, shoppers will linger on Amazon because new deals will be released as fast as every five minutes or so. Sellers can get increases in sales from these shoppers who are buying other products on Amazon after finding major deals. This day is bigger than Black Friday and Cyber Monday combined on Amazon. They talk about this being like Christmas in July. According to Amazon, tens of millions of Prime members made purchases on Prime Day in 2017. That's 50% more than in 2016. In order to purchase items via Amazon on Prime Day, customers must be a Prime member. The latest stats revealed that Amazon's Prime subscription service has over 100 million paid members globally, which is obviously absolutely mind-blowing and makes this the biggest and most successful subscription service in the world by far. One thing that's different in 2018 is Amazon's focus to extend the shopping holiday beyond Prime Day. We shall see what happens. Amazon obviously wants to expand this day to be as big and powerful as possible because it really works well and it also gives the Prime members a huge incentive to remain Prime members. Now, the three main benefits for sellers when it comes to Prime Day are: First, of course the obvious, an increase in sales revenue and a build-up of brand awareness, both of which directly and indirectly make the seller money. The second big benefit is that it's an excellent opportunity to unload inventory to help avoid longterm storage fees. Not as positive or as exciting of a benefit, but still it is very useful for that purpose. The third is to launch new products and drive sales velocity. In my opinion, this is the biggest benefit for sellers when done right. I'll talk about that more later on in this video. Now, I'm going to show you the exact seven-step process that I recommend to maximize the benefits you'll get as a seller during Prime Day. Again, this is the biggest day of the year to sell on Amazon. It is the biggest one-time opportunity every single year for you as a seller. Pay close attention to this as it's really, really powerful. Now, advertising, inventory management and deals all play a crucial role in driving performance on Prime Day. Step number one is to stock up. Of course, this does have to happen a bit in advance of Prime Day. As it makes sense for you and your business, you should stock up and have as much inventory as possible, just so you can sell more during Prime Day. That's the more obvious reason to stock up, but one of the main benefits of properly leveraging Prime Day is not the huge amount of sales you’ll see in a short period of time, but it’s actually the momentum you can gain beyond Prime Day if you sell a lot and you do not run out of inventory. That's the only catch-22: you want to sell more during Prime Day, but you also do not want to run out of inventory. I know this is easier said than done. It may not be for everyone or every product you have, but if you're able to do both, sell more and not run out of inventory, then it's a really massive opportunity to take any product far beyond where it's currently at now in terms of daily average sales volume to a much higher and better level after Prime Day. --Continue Reading On Our Blog: http://ryananddaniel.com/amazon-prime... ** More from Ryan & Daniel** FREE Selling on Amazon Crash Course: http://ryananddaniel.com/crashcourse Facebook Page:   / ryananddanielmarketing