My best products have margins in the 45-50% range and when I define gross margins, I’m talking about taking the NET proceeds from Amazon for each unit sold, subtracting the all-in per unit cost, and coming up with the gross margin dollars. Take that gross margin $ and divide by the NET proceed from Amazon and you come up with 45-50%. I will say though, that those particular products require me to be spending 40K per shipment. But that’s why able to make 45-50% on it; because other people won’t do it.
My video review of Amazing Selling Machine makes it crystal-clear (repeatedly, several times) that my review is only my opinion, and I state for everyone who watches the video to make their own mind up and they don’t even ‘have to listen to me’. Some angry folks (like, 1% of all the responses) missed all that.
You should parlay the DS profits into developing your own brand. There’s no law stopping you from doing both…and since drop shipping is so hands off with no inventory risk – why get out of that channel?
6) Short, succinct, to the point video’s that make it easy to learn the different steps, as opposed to one, long, 2 hour webinar that covers several topics (now this is the issue i have with “the Proven Amazon Course”, although that was a good course as well).
Let’s have an abundance mentality. Whether dan hollings reviews product is overpriced or not, after the course of 8 weeks, believe all the purchased members will be the better people to judge. Till then, they will the best person to comment and leave any negative feedback here, if any.
It’s estimated that there are 30 to 40 million Prime members in America alone. 2-day shipping and similar (and often lower) prices means that people are using Amazon to buy the same items that sometimes get sent to the clearance section at big brand stores.
I followed the promotional videos for the ASM a while back and at the time I remember I was quite impressed. But, they keep the price until the end and when I saw how much it was I followed no further.
Former head of product at CrunchBase and the founder of two web tech consulting firms, Kurt is an expert with web analytics and a master of finding insights, trends and outliers that are hidden in visitor data. He was also responsible for the global rollout of ecommerce for The Body Shop
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I spent lots of time, money, and effort and was not able to get passed this point. Others were able to figure this one out on their first shot. There is nothing in the training that will solve this for you. You contact suppliers using the methods they show you and most suppliers will give you free samples as long as you pay for shipping. Shipping is expensive. My first shot I got samples from 10 suppliers in China and spent about $500 on crap I wouldn’t buy myself. And yes, I did my homework on the suppliers. I guess that beats what happened to others who actually ordered and paid for inventory and got crap quality products shipped to them.
CleanTAS 438: How to SELL products to Your Email List without being Sleazy (Swipe Copy Included) Don’t you hate it when you know someone is just trying to make a buck off of you? Of course, you do! Then why do so many business leaders out there in the marketplace today continue to use sleazy tactics? On this episode of The Amazing Seller, 11/15/2017 Free View in iTunes
I don’t honestly believe that anybody with a real business on Amazon who is raking in the kind of money suggested would spend their time putting a course together like this and give away their secrets to any tom, dick or harry who can afford it. Wouldn’t you just escalate what you’ve been doing if you’re making so much money and hope to chr!st that it’s a while before the inevitable happens and somebody else discovers your goldmine? But then again I might be completely wrong and wouldn’t mind admitting it
I am just starting out with the FBA program with inventory that I “invented” for lack of a better word and now have manufactured in China and am excited about being part of their Q4 hurricane of sales.
There’s no way for me to predict your success, but I can say this: being in a mastermind is the BEST way to ensure that you follow through, that you see success, and that you build a business that gives you the freedom to live life on your own terms.
Weekly coaching calls that give you live to access to ASM mentors, and allow you to ask questions about that week’s lessons. These calls take place each Thursday at 3:00 pm Central Time, and will all be recorded and made available to you shortly after.
CleanTAS 231 : How to Raise Money FAST to Get Started in Private Label (30 Day Challenge) Dom Sugar Scott hears people complaining all the time that they can’t do sales on Amazon because they don’t have the cash to get started. Hey, we all know what it’s like to be tight on cash. But if you are honest with yourself you’ll be able to look at th 7/20/2016 Free View in iTunes
Very few trainers spend time explaining every detail of a course. I have had the chance to do just one course (Oracle DBA) at DBA university, but will not hesitate one moment taking up another course. The trainer summarized his tremendous experience in the IT sector, and passed it on to the students, addressing every concept that matters with practical exercises! At the beginning it was not that easy, but thanks to the trainer for making it possible to enjoy an entirely new domain.
Episode Info: What does it take to get a Private Label business up and running on Amazon? How do you know the best practices that will lead to success and where to even start? On this episode of The Amazing Seller, you’ll hear from Scott as he starts the first of a five-part series on how TAS followers like you can get your start as a Private Label Seller. You don’t want to miss a minute of this episode where Scott and Chris talk about how to start a “Touch list,” how to pick a product category that you’ll succeed in, why starting on Amazon is the best option, and so much more! Make sure to have pen and paper ready! How to use a “Touch List” With so many options out there in the marketplace, where do you even start to pick a product you should start selling in your Private Label business? On this episode of The Amazing Seller, you’ll hear from Scott and Chris as they explain how starting a “Touch list” can help you come up with a starting point toward finding your first product. The guys describe the touch list as creating a list of items around you right now that you are touching and then branch out to the items around you within reach. This simple exercise will help you pay attention to an easy beginning point of everyday products that you could start selling in your ecommerce business. To hear the guys expand on this touch list and much more, make sure to listen to this helpful episode! Why Amazon is your best bet As prospective ecommerce sellers get ready to start their own small business, they often wonder if Amazon is the best channel to pour their time and energy into or if they should start selling on their own website first. On this episode of The Amazing Seller, Scott and Chris explain why they remain convinced that starting on Amazon is the best way to get things off the ground. According to Chris, Amazon is the best option because it is so much easier than creating and drawing traffic to your own website. You can also gage the marketplace on Amazon more effectively to validate which products you should start selling. Make sure to listen to this episode as Scott and Chris expand on the reasons why you should get started selling on Amazon! Just Get Started! What is holding you back from getting started on your journey toward owning a Private Label ecommerce business? Are you worried about getting all the details just right and removing all room for failure? If that’s the case, you’ll never start! Don’t let the prospect of failureRead more »
CleanTAS 343: Ask Scott Session #105 – Social Media Strategies – Patents – BSR and Product Selection Do you know your “WHY?” What drives you and keeps you going when business gets difficult? Have you taken the steps you need to keep that in front of you – like writing it out or printing an image of it and putting it next to your computer? 4/7/2017 Free View in iTunes
I’ve heard of the Amazing Selling Machine, but like you said, the cost of the product is a little off putting. Then again, you’re paying to learn how to build a successful business on Amazon so it makes sense.
Get ready for the very first Hot Seat session of 2018 with Scott and Chris on this episode of The Amazing Seller podcast! As always, the guys will break down an email from a TAS follower like you and then go through step by step what they see what’s going well and what might need improvement. This is your chance to learn how the guys go through ……