E-commerce is making huge money for businesses around the world, and Dawson Gant, VP of Store Partnerships at Ecom Authority, wants to see a new wave of entrepreneurs get in on it.
“We’re here to do the heavy lifting for entrepreneurs who have a dream of becoming players in the e-commerce space,” he says. “Our mostly ‘done for you’ onramp to e-commerce empowers you to launch a new e-commerce business with confidence and peace of mind.”
Gant and the team at Ecom Authority provide an almost turnkey solution for entrepreneurs looking to set up and manage a Fulfillment by Amazon (FBA) business. FBA streamlines the e-commerce process, essentially allowing businesses to use Amazon as their online storefront and shipping service. The entrepreneur’s responsibility is identifying profitable products and supplying them to Amazon — that’s where Ecom Authority comes in.
“Our wholesale FBA method is providing over 300 partner stores with profitable products we send to their FBA accounts for them,” Gant explains. “The entrepreneurs we work with decide how much inventory they want to order and send to their stores, then we make it happen. We build their stores, source their inventory, and ship their inventory so they can watch the sales come in and collect distributions from their FBA accounts.”
Helping everyday people enter the e-commerce market
Dawson and Ecom Authority CEO Dan Cohen were both Amazon sellers when they recognized a need in the market. Those interested in joining the e-commerce revolution were lacking a transparent process for making data-driven sales decisions that could drive sustained profitability. They developed Ecom Authority to serve as that tool.
“Ecom Authority was created to help everyday people master the ins and outs of being a successful online business owner,” Gant says. “To date, we’ve helped over 400 people successfully launch and run their own businesses on Amazon’s platform. By providing our clients with top-notch software and strategies developed through years of experience, we empower a virtually hands-off service that allows busy people to establish an ongoing source of income with a minimal investment of their time.”
Buying power is one of the key benefits Ecom Authority provides to its partners. With each new partner that comes on board, Ecom Authority is able to pass on new levels of savings.
“The more sellers we have on board, the more total product we can buy,” explains Gant. “If we have 10 sellers who can spend $50,000 per month, that’s $500K per month in potential buying power. If we add 10 more sellers, we jump to $1M per month in potential buying power. As our buying power grows, we can command better pricing from distributors. As a result, our partners get the benefit of cheaper pricing.”
Ecom Authority’s buying power has grown exponentially since its launch, to the point where it is now moving more volume of products than some of the large distributors who serve the FBA space. The next step in its business plan is approaching brands directly, which will open the door to better pricing and exclusive deals for its partners.
The efficiency of the Ecom approach
Ecom Authority’s expertise and experience empower it to get partner FBA stores up and running in a month. At that point, the partner’s first inventory purchase is sent to the FBA account and sales begin. Within three to six months, the store scales to its full operating potential, and partners can ramp up to their desired level of inventory purchasing power.
Once the store has scaled, the responsibility of the partner is to collect Amazon payouts and pay off their inventory purchases. The average Ecom Authority partner spends three to six hours per month managing their store, which makes it a virtually passive income.
Unlike some business models that charge monthly fees and require minimum purchases in order to make a profit, Ecom Authority only profits when its partners profit.
“At Ecom Authority, your success is our success,” says Gant. “We aren’t satisfied unless our partners are satisfied. In fact, we’re so committed to our partners' thriving that we offer them a 24-month Satisfaction Buyback, under which we are contractually obligated to provide the difference of their start-up funds minus their profits at the 24-month mark if they aren’t satisfied.”
To date, Ecom Authority has never had anyone request a buyback.
Ensuring partners are successful
Ecom Authority’s turnkey service also comes with a commitment to top-tier customer service.
“We contribute to our partners’ success by providing them with all of the training and support they need to launch and maintain their stores,” Gant explains. “That includes training videos to guide them through all of the steps in the process, and a support ticketing system that allows them to quickly connect with their account rep and get answers. When they need quick access to us, they can connect with their reps through our Telegram group.”
E-commerce sales hit a historic milestone in 2022, passing the $1 trillion mark. Experts expect it will grow even faster in the years to come.
For entrepreneurs looking to profit from that growth, Ecom Authority is the solution. It offers an automated framework for launching and sustaining an e-commerce shop supported by expertise and a commitment to the success of its partners. It’s “done for you” e-commerce done the right way.
