Kevin Rizer introduces you to the world of private labeling.
Follow along as we build your private label business in four
weeks. In episode 1, Kevin discusses what is private labeling,
the opportunities that exist, and the first steps in
setting up your business entity.
Overview:
Kevin introduces you to the world of private labeling in a concise and easy to understand format. In this first of four episode series geared towards the beginner who is not yet selling their own private label products, Kevin talks about the opportunities available in the private label industry. He says that 70-80% of products available at most big box stores are actually private labeled.
Next, Kevin walks you through setting up a company name, entity (such as an LLC) and a domain name and email address which will allow you to begin contacting potential suppliers for your first product.
Kevin Recommends:
– Finding a tax and or legal professional to advise you on what type of business entity to setup. Kevin personally uses LLCs.
– Northwest Registered Agent for registering of corporations and LLCs
– GoDaddy for setting up a domain name and email address for your business
In episode two of Private Labeling for Dummies, Kevin will walk you through setting up your Amazon seller account and beginning to source your first product. This learning series will release on Fridays for the next three weeks, and will be extra bonus episodes in addition to the regularly scheduled guest interview episodes, which will resume on Wednesday, June 3.
Hi Kevin,
great episode – as always. Looking forward to the next three “dummies”.
You said you have multiple brands so i suspect you have a LLC for every brand. If so, do you also have different Seller Central Accounts for every brand?
I´m selling over in Germany one brand of products and i´m looking to start another brand by the end of the year – so i´m curious of how to manage different brands in seller central.
Keep up the great work.
Toby
Hi Toby! Thanks for listening. Yes, separate LLCs, and separate logins to seller central. Some people will use the same login and ask Amazon to approve another account, but I like to keep things separate and clean. You can use a remote desktop service for this, which will give you a separate IP address, etc.
Love this Kevin! Awesome!