Some of the most exciting product launch stories in the Amazon seller community have come from our community, but today I’m going to talk you OUT of launching your own product on Amazon!
In the industry these new products are commonly referred to as “PL” or “private label” products.
The sad truth is, the vast majority of “gurus” and “Amazon experts” spend a lot of time and monty convincing people to launch their own PL brands and products on Amazon while knowing full well that 5% at best of their students will ever see a penny of profit and the vast majority will lose tens of thousands and fill their garages with unmovable inventory – while blaming themselves for doing it wrong.
FACT: The deck is stacked against you ever winning with PL if you’re new to Amazon. It’s that simple.
Today I’m going to talk you OUT of launching your own product… and then I’ll talk you INTO it if you’re well qualified!