Selling on Amazon can be an extremely profitable business all on its own. Third-party sellers like small business owners and authors on Amazon’s marketplace account for 58 percent of gross merchandise volume. This growing space provides a huge opportunity for entrepreneurs to make a massive profit. However, most entrepreneurs stop the process at only taking a sale rather than scaling it into something great. It’s seven times harder to take on a new customer than it is to get a previous customer to buy from you.
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How to Run a Profitable Business on Amazon
Posted by: Ryan Daniel Moran July 6, 2019 05:00 AMSelling on Amazon can be an extremely profitable business all on its own. Third-party sellers like small business owners and authors on Amazon’s marketplace account for 58 percent of gross merchandise volume. This growing space provides a huge opportunity for entrepreneurs to make a massive profit. However, most entrepreneurs stop the process at only taking a sale rather than scaling it into something great. It’s seven times harder to take on a new customer than it is to get a previous customer to buy from you.