Freedom Ticket Amazon FBA Course: Overview of Amazon FBA
Today’s digital marketplace provides the opportunity for anyone, aspiring for freedom and independence from the regular 09-05, to become an entrepreneur. With a variety of business models such as Affiliate Marketing, Ecommerce and Dropshipping, there is an opportunity for everyone to flourish and earn money. One of the lucrative and highly profitable business models is Amazon FBA which has taken the world of ecommerce by storm. Amazon was initially established as an online seller of books. The company took advantage of the e-commerce boom in the 1990s and has since become the largest retail marketplace in the world. With an annual revenue of $470 billion (as of 2021), Amazon has solidified itself as a pioneer in the space of ecommerce globally.
Of the $470 billion annual revenue, a staggering 56% of the sales are generated by the third party resellers. The resellers can sell in 2 capacity in Amazon:
- As a first-party (1P) vendor, where they send their inventory to Amazon. Amazon then controls the pricing and includes “ships from and sold by Amazon.com” on product listings. Commonly known as “Amazon Basics”, this is risk free way of selling as Amazon purchases in wholesale from the resellers and uses its brand and credibility to generate sales. The drawback is that the margins are low
- As a third party seller in Amazon’s marketplace. Both individuals and professional sellers can sell on Amazon Marketplace. When it comes to order fulfillment, possible options are Fulfillment by Amazon (FBA) and Fulfillment by Merchant (FBM). Items are displayed as “sold by MERCHANT and Fulfilled by Amazon / Fulfilled by MERCHANT”. 3P sales are a popular strategy for sellers to make up for certain 1P sales disadvantages, namely improved margins through better pricing control, more favorable payment terms and less reliance on the relationship with Amazon.
Being an Amazon FBA seller is no easy task. It is not a simple “get rich quick scheme” that lets you use one formula for the success of your business. But with time, experience and proper guidance, selling on Amazon can earn you a steady stream of profits.
The best way to learn how to start your own e-commerce business on Amazon, is through online courses. There are thousands of courses available online that can guide you through the process of Amazon FBA. However 90% of these courses are made by amateurs and not worth your time and attention. A course that is curated for beginners and provides a step by step breakdown of the entire process is what helps beginners provide adequate guidance. Here at MrMoneyMagnet.com, we review many such online courses to help you decide if they are worth your buck or not.
Freedom Ticket is an online e-commerce training course that provides you with the know-how on starting and running your own business through Fulfillment by Amazon. In this post, we will cover what Freedom Ticket promises and if you should pick this course.
How Does Amazon FBA Work?
Having an Amazon FBA business relies on the service provided by Amazon itself, called Fulfillment By Amazon (FBA). Using the FBA service is convenient for selling products online as Amazon practically takes care of the majority of the labor-intensive steps involved like packing and storing goods, shipping, returns etc. Amazon’s decentralized warehouses store, manage and ship your products fastest to the customer. This is particularly useful because you do not have to worry about renting or buying warehouses and finding suitable delivery partners, as these are large investments by themselves. Furthermore, FBA also provides customer service, which can prove to be an expensive undertaking for nascent operations.
Amazon FBA requires you to build a brand, choose appropriate products for the market and market / advertise them to be a successful FBA seller. The most common strategy of sourcing products is through Private Label manufacturers. Through Private Label, you can select a specialized manufacturer, source their product, brand it as your own, and make profits by selling it on Amazon. However, setting up a brand and making sure you are making enough sales involves a lot more nuance and complex strategies. Proper guidance is of utmost importance to ensure you don’t waste money promoting highly competitive products or choose the wrong strategy for promotion. Freedom Ticket is one such course that covers the basics of Amazon FBA to ensure your success.
What is Freedom Ticket?
Freedom Ticket is an Amazon FBA e-commerce course created by Kevin King. This course was voted the best Amazon FBA training course by Seller Poll. It is a popular FBA selling course with over 2,200 students enrolled into the program. Selling on Amazon can be intriguing and that is where Freedom Ticket simplifies the process by providing a step by step breakdown of the entire sourcing to selling cycle. The course explains how Amazon FBA is a real and sustainable business plan. From the content to the strategies, Freedom Ticket emphasizes that Amazon FBA can be a successful business model for those who have the adequate skill and knowledge to negotiate through the competition and use FBA’s tools to their advantage. The course does not guarantee quick riches and is honest about the time it can take to become successful as a seller on Amazon (which adds to the legitimacy of the course). Given the constant evolution of the online retail market, Freedom Ticket is updated with new material regularly.
Freedom Ticket is tied up with Helium 10, a product sourcing and management software that helps you optimize your brand to make your products show up on the first page of search results on Amazon. Helium 10 analyzes huge amounts of data to reveal trends that can increase your sales. Most courses on Amazon FBA cover the importance of using analytics to strategize your brand, so the tie-up between useful software and an e-commerce training class is particularly handy.
The Creator of Freedom Ticket: Kevin King
The mastermind behind Freedom Ticket is Kevin King, a veteran seller on Amazon. Kevin has two decades of experience in this field and has sold millions worth of products over the years. Before he started selling on Amazon, he was an active retailer on eBay. Kevin’s undeniable experience with working in a dynamic market makes a visible impact in his teachings. Also being taught by a successful Amazon entrepreneur definitely adds to the credibility of the Freedom Ticket course. The course content covers a wide range of topics and addresses smaller details that others who lack experience would miss. By witnessing the immense growth and shift in trends in the market, he shares valuable insight that cannot be found for free on the internet.
Contents of the Freedom Ticket Course
The course is 8 week long and open enrollment. The below is what you will receive:
- 8 main modules covering an introduction, the basics, sourcing, competition and more
- 60+ videos that amount to 21+ hours of visual content
- Detailed notes on various topics like accounting and logistics
- Review slides to help you revise the modules
- 15 demonstrations on how to work your account
- Q&A sessions every week with Kevin King himself
- FIlmed live classroom sessions
- Entry into an exclusive Facebook Group of enrolled students and certified students
- Digital degree after completion
The videos feature Kevin King as he directly teaches you his ways and unique techniques for selling on Amazon. He also shares his secret in the form of templates and ad copies which can be downloaded. The course is meant to be taken over a span of 8 weeks, so each module is available only after you have completed the previous one. The content is sharp and to the point which is a deliberate structure designed by Freedom Ticket because they believe that excessive information fails to engage the reader and rather ends up being too overwhelming for them. The weekly plan allows students to assimilate a practical amount of knowledge while having enough time to understand details and concepts thoroughly. Freedom Ticket also provides a digital degree upon completion of their course, giving you a sense of accomplishment.
Structure of the Course
Straight from the Freedom Ticket syllabus, the course consists of:
Week 1: Introduction
This module covers the range of opportunities that Amazon provides for new entrepreneurs.
Week 2: Amazon and Business Basics
Here, they cover basic requirements for Amazon business including how much money you need to get started. They also walk through the Amazon Seller application.
Week 3: Branding, Money and Millions
The third week teaches you about category approval, brand loyalty ,and sponsored advertising. It also explores cash flow and how to navigate through product cost sheets.
Week 4: Picking a Successful Product
The fourth week introduces you to using Helium 10 tools to find a successful product that has low competition and high demand. The course also helps to figure out how to deal with competition online.
Week 5: Suppliers, Orders and Shipping
This module explores the minute details around shipping products from suppliers. The various shipping related costs, customs, freight forwarders etc are all covered in this module. There is also insight into the legal aspect of Amazon FBA covered in this section.
Week 6: How to Compete and Win Big
This module teaches you about the importance of ranking and how to keep competing with other businesses in the long run. It also covers using Helium 10’s search engine tools and product listing keyword research.
Week 7: How to Create High Converting Listings
The seventh module goes in depth with product listing including writing product descriptions and specifications.
Week 8: Ranking, Advertising and Promotions
The final module stresses the importance of actively seeking out promotions and techniques used to make the most of pay-per-click (PPC).
Given the syllabus, Freedom Ticket is for those who are serious about starting an Amazon FBA business. The strategies and tools that this course employs not only require investment of money, but also time and consistent effort. Understanding the concepts behind choosing products, advertising, running discounts and conversions is a necessity to equip your business for the long haul. Freedom Ticket is thorough in all the topics they cover as part of their modules.
How Much Does Freedom Ticket Cost?
Standing alone, Freedom Ticket requires a one-time payment of $997, or three monthly payments of $397. However, you can access the course for free through a Helium 10 subscription, priced at $97 per month.
Pros and Cons of the Freedom Ticket Amazon FBA Course
Conclusion - Is the Freedom Ticket Amazon FBA Course
Worth the Money?
The Freedom Ticket Amazon FBA Course is a popular choice for many interested in Amazon FBA. With over 2,200 certified students and with more than $370 million in annual sales, students taking this course do find the content and approach helpful in building and boosting their businesses.
The course is straightforward and the material is informative, especially for beginners as it is thorough and to the point. It is best suited for those who have funds kept aside to invest in their business and the dedication to see their work steadily grow. Amazon FBA, like any other business, needs your time and attention to make and own your decisions in every aspect of the business cycle. However with the right training you should be able to navigate through these with ease. While this course may seem pricey as a standalone product, combined with a great data analytics tool like Helium 10, Freedom Ticket can be a good choice for anyone who wants to launch a successful Amazon business.
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