Savvy Seller FBA is a course by Abby Anokye, also known as Learn with Abby. The course provides a comprehensive step-by-step tutorial to start and succeed on Amazon FBA private label, covering topics such as product research, sourcing, branding, and marketing. Savvy Seller contains over one hundred distinct classes and has over fifteen hours of content discussing the ins and outs of private-label Amazon. Learn with Abby also offers a free 90-minute training video and an Amazon FBA 101 e-book.
We will find the four key elements to find the best private-label product to sell on Amazon and generate passive income. But in contrast, I consider this business model an active income. It will require ongoing effort to source inventory, create product listings, and drive sales, which cannot be done passively.
If you are looking for passive income, local lead generation is worth considering. It is a digital business model that involves creating websites in a particular niche. When it ranks, then generates leads, you can rent it out to local businesses and earn passive income with little to no maintenance. It’s a lucrative online opportunity given that there are 41,683 ZIP Codes in the US alone and 33.2 million small businesses spread throughout the country according to the latest statistics.
Savvy Seller FBA Program Pros And Cons
Pros
Abby Anokye has over 3 years of experience as an Amazon seller.
Has good feedback from her successful students.
Savvy Seller FBA website is very transparent. You can see everything on their website.
Cons
The subscription is expensive, up to $5,237.
You will need an enormous amount of investment, $5,000 to avail of every offer from Savvy Seller, and approximately $3,000 - $7,000 to have a real potential for earning.
Price
Savvy Seller FBA program costs around $1,997 or you can choose 2 monthly payments of $1,111.
Refund Policy
Learn with Abby offers 14-day money guaranteed but you should not reach 20% of the course or else the refund is invalidated.
Origin
Savvy Seller started in December 2019.
Reputation
Learn with Abby has over 160k followers on her social media and over 11K subscribers on YouTube channel.
I took the Savvy Seller course by Abby, and here’s my quick review. On the downside, it’s pricey at $1,997, requires $5,000 to $10,000 in startup capital, and has slim profit margins (10-20%) due to various costs. However, the positives are that the course is super detailed with over 100 lessons and 15 hours of content. Abby’s weekly coaching calls are really helpful, and you get access to useful templates, a private community, and great case studies.
4 Key Elements Io Find Best Private Label Product
The 4 key elements to finding the best private label product are demand and competition, products that need improvement, considerable production and shipping costs, and the potential to differentiate it from existing products.
1. High demand and low competition
Look for those with a Best Seller Rank (BSR) of 5,000 or lower in the major category, and with less than 100 reviews, showing low competition. Also, check if the product is priced between $20 and $70 and has at least 300 monthly sales. You can use tools like Jungle Scout or Helium 10 to research these metrics easily.
2. Improve existing products
Read customer reviews of similar products to identify areas that need improvement. If a popular product has many negative reviews, consider improving its quality or design. Look for products with lower ratings and a maximum of 4 stars, as this shows room for improvement. Check the competitor's listing quality score, which should be between 5 to 7 LQS, to see where their listings need improvement.
3. Consider production and shipping costs
It's crucial to estimate production and shipping costs accurately using the Amazon FBA Calculator. For example, if you're selling a private label phone case, calculate the cost of production, shipping, and Amazon fees to set a price that covers all expenses and generates a reasonable profit. Avoid items that are fragile, large, and heavy that can be expensive to produce and ship.
4. Product differentiation
To find the best private label product, it's could be differentiated from similar products. This can be achieved by adding unique features, packaging, or branding. Adding a special ingredient, unique color or scent, or exclusive packaging can set your product apart from others. Another example is creating a specific brand identity, such as targeting eco-conscious consumers.
What Do I Get In Savvy Seller FBA Program?
You will get lifetime access to Savvy Seller's 15-hour of content over 100 lessons containing 15 modules, bonuses, course updates, and an exclusive support group on Facebook.
Over 100 lessons (15+ hours of content) with step-by-step tutorials, PDFs, checklists, and helpful links available 24/7.
Gain access to our private student support Facebook community for answers to all your questions and assistance to help you succeed.
Have all the most up-to-date information on Amazon's ever-changing platform. No outdated information or strategies.
Provides an outlined framework, keeping you organized as you complete the program.
Simplifies the entire process for you, saving you the time and headache of figuring out what you should say to get the best results.
See the exact methods I use to find $10,000/month products.
Is Savvy Seller FBA Program Worth It?
Yes, the Savvy Seller FBA program is worth it. It was created by Learn with Abby, a 7-figure Amazon private label seller. It provides a clear roadmap for creating a profitable online business with Amazon FBA in 3 months. Abby's highest revenue from the course is $140,000 in a single month, showing its legitimacy and popularity. However, it is important to note that the program comes with a price, so you need to prepare an investment before entering this course.
I also have a review article about Amazon Brand Academy 2.0. You can check it if this private label course doesn't sound right to you.
Who Is Abby Anokye?
Abby Anokye is the owner of the Savvy Seller FBA program, also known as Learn with Abby. She is an experienced and 7-figured Amazon FBA private label seller with over three years of experience. Abby has a bachelor's degree in Nutritional Sciences with a minor in Professional Outreach and Development from Rutgers University, and her home base is in Las Vegas, Nevada.
Abby earns $70,000 per year from her 9-5 job to $70,000 per month with Amazon FBA. She orders bulk products from China, adds her branding and resells them on Amazon for a profit. Currently, Abby offers five products in a household niche. Alibaba can mass-produce her cheapest product per unit from $1.10 to over $5 and sell for up to $19.99 on Amazon. On average, she earns around $9-$11 per sale. Which is massive.
Is Amazon Private Label Profitable?
Yes, Amazon private label still can be profitable. With this method, retailers can earn up to 25% more profit margins, making it a highly lucrative selling strategy. According to Jungle Scout, 59% of Amazon sellers prefer private labeling because of its high demand. However, as the competition increases, traditional private labeling methods may become less effective and many sellers think Amazon's private label is already dead. Despite this, private labeling is still a popular and profitable way to sell products on Amazon.
Why Local Lead Generation Is Better Than Private Label?
Why Local Lead Generation Is Better Than Private Label?
Local lead generation is better than a private label because it requires less upfront investment and can be easier to scale. With local lead generation, you can create a website in your chosen niche, then rank it to attract leads for local businesses and rent it out for generating passive income. According to BrightLocal, 97% of consumers search for local businesses online, and 46% of all Google searches are looking for local information, showing a high demand for local lead generation services.
If you’re looking for a low-maintenance way to generate passive income, consider the local lead generation business model. It is ideal if you don’t have the time or resources to source inventory, create product listings, build branding, and manage sales.
