Thread by @maheenEcommerce

𝗧𝗵𝗶𝗻𝗸𝗶𝗻𝗴 𝗼𝗳 𝘀𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝗔𝗺𝗮𝘇𝗼𝗻 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗟𝗮𝗯𝗲𝗹 ?

It took me 3 courses, 6 months, 1835 hours to understand the mechanism of private label so you don't have to do the same.

Here's the ultimate guide for you👇

✨✨A THREAD 🧵✨✨

1️⃣ 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗹𝗮𝗯𝗲𝗹 (𝗣𝗟):

Private Label is about finding a product on Amazon that has high sales, but maybe a low no. of reviews; getting that product, and labeling it as if it were yours.

Basically, what you will try to do is to upgrade the presentation of that original existing product by creating your own brand. We select the products to be sold of higher price range than Micro Private Label (MPL).

2️⃣ 𝗧𝗼𝗼𝗹𝘀 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗱:

Following tools are mandatory for product hunting:

✅ Helium 10
✅ Jungle Scout

3️⃣ 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁:

The investment range lies between 20k-40k$ depending on the following factors:

✅ Size of marketplace
✅ Product
✅ Competition in a certain marketplace

4️⃣ 𝗚𝗼𝗮𝗹𝘀:

If your kitchen income is sorted, only then go for private label.

Since this business model requires a lot of patience.

However, in a longer run, it gives you humongous profits and it's an asset just like real estate profits which can be flipped.

5️⃣ 𝗘𝘅𝗽𝗲𝗰𝘁𝗮𝘁𝗶𝗼𝗻𝘀:

Don't expect instant profits in private label.

It'll take almost 6-8 months to recover your ROI (Return on investment) and afterwards yielding profits.

6️⃣ 𝗧𝗶𝗺𝗲 𝗙𝗿𝗮𝗺𝗲:

It takes almost 6 months in total to establish this business model which includes following stages:

✅ Amazon ID Creation
✅ Product Research
✅ Product Sourcing
✅ Pre Launch Preparation
✅ Post Launch

7️⃣ 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲:

It's private brand building which works as an asset in a long term along with cash flow while other business models only provide cash flow (profits on monthly basis).

8️⃣ 𝗥𝗶𝘀𝗸:

It's the riskiest model among all.

High Risk = High Rewards

9️⃣ 𝗣𝗿𝗲-𝗿𝗲𝗾𝘂𝗶𝘀𝗶𝘁𝗲:

Don't go for private label if you don't possess the following:

✅ Risk-Appetite
✅ Patience
✅ Huge investment

Hope you liked this thread :)

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Thanks for reading🤩
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