, has mastered the art of leveraging the Amazon platform for business success. At only 19, he has launched, scaled and sold multiple e-commerce-based businesses for profit. Now, his advisory firm coaches entrepreneurs and provides custom automation programs designed to equip others with the tools to gain financial independence.
Kambo recently shared with me what he’s learned from launching, scaling and later selling multiple e-commerce brands, with significant success on Amazon. Here are his five top tips for growing an a business on Amazon:Bestseller ranking, or BSR, means how fast or slow a product is selling. For example, a product with a BSR of 1 is the best-selling product in that respective category, and the higher up one goes, the lower the sales are.
Compare two categories like Camera/Photo and Home/Kitchen. As a baseline, look at what BSR usually correlates with for 50 sales per month. Let’s say 50 sales a month in Home/Kitchen correlates to a BSR around 150K. This means if a product listed on Amazon had a BSR of under 150k, the seller would most likely get a minimum of 50+ sales monthly on this one product. Now, let’s look at the Camera/Photo category.
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