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Amazon to Hit $100 Billion in Sales in 2015Amazon has recently announced a $50 tablet, is now offering same-day shipping in 14 cities with Prime Now, and is giving more benefits than ever to Amazon Prime members (including six months of free access to The Washington Post).

Why does all this matter to you?

Well, if you want to build a business, you better look at Amazon.

This year, Amazon is well on pace to do over $100 billion in revenue. If it does, it will be the only e-commerce company to hit this milestone.

In the first half of this year, Amazon produced $34.2 billion in sales, a 10.4% growth over the first half of last year, 2014.

To estimate the full-year revenue for 2015, let’s assume that Amazon grows in the second half of the year at the same rate it grew from 2013 to 2014 (the last two full years). Comparing the second half of 2013 to the second half of 2014, Amazon grew a whopping 36%.

If Amazon’s growth for the second half of this year is the same (and it could be more), Amazon’s total revenue for 2015 will come in around $113 billion.

That will represent growth of more than 20% from 2014 to 2015. This pace is HUGE for a company the size of Amazon and highlights the undeniable trend that’s driving Amazon’s incredible growth — people want to buy everything from one place.

I know I don’t want to hunt around on 15 different online stores to buy what I need. I want everything readily accessible, all in one place online that I can easily buy from and move on with my life. And I know a lot of people feel the same way I do. This is why Amazon is on such a relentless growth path, and has been for the past decade.

The most exciting aspect of this growth is what’s happening outside the USA.

Here’s a snapshot of some of Amazon’s international e-commerce platforms and the estimated revenue they’ll produce assuming Amazon hits the calculated $113 billion in 2015:

  • Germany = 14% ($15.8B)
  • UK = 10% ($11.3B)
  • Japan = 9% ($10.2B)

I remember living in France and how horrible shopping online was (including on Amazon.fr). However, that was three and a half years ago and now it’s much better, largely thanks to Amazon’s investment in its international platforms.

There is a gold rush happening internationally.

For the first time ever, shopping online is becoming extremely easy for many countries. Amazon is investing billions of dollars to make sure it’s the leading e-commerce platform in as many countries as possible.

As an entrepreneur, this is incredibly exciting! To encourage people who sell on Amazon to expand their product base to other countries, Amazon has started unifying (combining) multiple seller platforms.

 

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In my experiences of trying to make money online, I’ve come across a 4 main things that I found you need in order to start being successful with whatever business you are trying to do online…

I, by no means, have “made it” online, but I have to take note of whats been happening along the way and these are a few of the things I found are absolutely essential to any kind of online business success…

#1) Ability to Succeed

Your business has to have the ability to succeed with it at all. Whether that means selling your first product or generating your first lead, it needs to be able to accomplish that and quickly.  So many people join businesses that have no chance of success right off the bat.  If your business can’t accomplish this basic mission for you, find another.

#2) Easily Duplicatable 

Can you do it again easily or will it take 10 years to make $10,000?  Your business needs to be able to create success for you again and again and it shouldn’t have to take 10 years to do it.  If it does take 10 years to generate $10k, then while it may be a duplicatable system, it’s not an easily duplicatable system.  No one wants to wait 10 years just to make $10k – that’s too long for too little.  Now, don’t confuse this with a “get-rich-quick” scheme but make sure your business has the potential to generate a lot of money fast over and over again!

#3) Maintainable

You need to be able to maintain your business, bar none!  What good is a one-off success if you can’t maintain that success?  You may have just gotten lucky!  Any monies you’ve generated will be gone in no time if you can’t maintain it.  This ties in perfectly with item #2.  If its too hard to duplicate, then you will not be able to maintain it either.

#4) Scalable

Even if your business model allows you to sell a product, is easily duplicatable and maintainable, it doesn’t matter if you’re talking about $25,000/yr.  Most likely, you will still need to keep your day job and that’s not why you got into business in the first place, is it?  Can you scale your business to $50k, $100k, or $1,000,000 or more per year?  Now you have a scalable business as well which will allow you to not need that day job someday.

If your business does not have even 1 of those 4 items listed above then you need to find one that has all 4!  If even one of those is missing, you will not be successful with that business at some point.

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Related Article: 4 Tips for Beginners in Affiliate Marketing Programs

 

~Mike J Anthony

Email: mic0510@gmail.com

 

Retirement Woes: More Retirees Are Unable to Retire

Retirement is a word that is becoming more and more obsolete.  Most employers nowadays only offer defined contribution plans as opposed to the defined benefit plans they used to offer in 1985.  This lowers the cost and liability for employers but it has left more and more retirees unable to retire since they have been forced to provide for their own retirement with little to no knowledge of how to do so.

No RetirementThey have also been forced into the stock market with defined contribution “401(k)”s with little to no knowledge of stock market investing and limited choices in these plans to begin with. 

Alan Greenspan once said that the average American “needs to increase their financial education exponentially“.  This leaves many would-be retirees without enough savings to live on and is helping to maintain high unemployment levels for millennials (those in the 19-34 age group).

 

Large U.S. employers continue to eliminate traditional pension plans that pay retired workers a monthly lifetime pension in favor of defined contribution and hybrid plans that offer lump-sum payments at retirement, according to a recent survey HR consulting firm Towers Watson.

 

Among Fortune 1000 companies, only 11 percent still offer a traditional pension plan to newly hired salaried workers, down from 14 percent in 2011 and continuing a long slide from 90 percent in 1985. Conversely, in 1985 only 10 percent of those companies offered only a defined contribution plan to salaried workers — today that figure stands at 70 percent.

 

The primary reason for this trend has been financial: Employers don’t want the exposure to unfunded liabilities if capital markets perform poorly. At the same time, until recently employees generally hadn’t expressed a preference for traditional pension plans and, in fact, have largely embraced 401(k) and other defined contribution plans.

 

But this trend has its consequences in the workplace, as large numbers of baby boomers have 401(k) balances that are inadequate to fund a traditional retirement. To make matters worse, most retiring workers don’t know how to turn their nest eggs into reliable retirement income. Employers also haven’t provided much help by offering retirement income options in their defined contribution plans. Read more here…

The Retirement Myth

The writing has been on the wall.  We have been told that if we work hard all our lives, we will be taken care of in our golden years.  But here we are, and after all those years of hard work, we are still having to work even more until you are forced out with a retirement party and a nice gold-plated pen for all your “years of dedicated service and hard work”.

 

I am here to scream at the top of my lungs that this plan DOES NOT WORK! Today’s retirement is a myth. Things are only getting harder for retirees. Social security is crap and not keeping up with the true costs of living.  Government figures are a sham while they deliberately work against you so that you don’t get what you are entitled.  Oh, and by the way, your taxes are going up too!

 

Luckily, there is another way.  You can finally say, “Enough is enough. I don’t want to look forward to a future of asking if you want fries with that!” 

 

What you need to do is to get the three “E”s (Education, Experience, Excessive Cash) so you don’t have to rely on the three “F”s (Friends, Family, and the Federal Government).  Click here to get started…

 

Your financial future is literally at stake.  Are you going to let the “system” leave you penniless in retirement or are you going to stand up and take control of your own financial future?

 

Here is how you can start getting those 3 “E”s, especially “excessive cash”:

 

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Mike J Anthony

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