Will Your Business Be Able To Weather The Impending Storm? Here Is How To Prepare & Thrive!
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Staying Current in AI80%
Is your internet business stable enough to weather Amazongeddon or a similar event? If not, you must watch this video.
If you aren't sure what Amazongeddon is, that is a phrase FBA (Fulfilled By Amazon) sellers and Amazon affiliates are calling the recent changes to the cost and payout structure that Amazon just rolled out.
Affiliates used to make a flat 8.5% commission per sale on every product when they reached a certain level of sales volume each month.
This now has a sliding scale of affiliate commission that is based on product categories and can be as low as 1%.
On the flip side, the costs associated with selling items as an FBA seller have gone up.
Amazon is squeaking out a few percentage points more in profit at the expense of individuals who have built their businesses on the backs of Amazon.
Now is this wrong of Amazon? Of course not. Is this 'fair'? Of course it is, this is business!
Here is the thing... People like my wife and I who sell a handfull of products on Amazon and promote a few products as affiliates will not notice these changes in our bottom line next month, because we have dozens of additional revenue streams.
Someone who built their entire business on Amazon affiliate websites may literally see their income drop by 50% - 80% by this!
And, in my career of internet marketing, this is definitely not the first time I've seen this kind of drastic shift from a major player.
My first income was direct linking users from Myspace to affiliate links... That dried up completely with one change in their TOS.
I lived through the 'cheap Adwords' days of Google when clicks were 5 and 10 cents that are now several dollars.
I've survived the organic SEO gold rush that imploded with the Panda update of 2011 and the Penguin update and Hummingbird updates plus the zillion others... I watched the "Google Slap" take down entire businesses, cut family income down to nothing and watched too many 'baller' internet marketers get knocked off their gi
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