CleanTAS 344: Exposing Amazon’s Hidden Fees and Knowing Your (TRUE) Profit Numbers with Greg Mercer You know Scott only brings the best guests on The Amazing Seller that give you value and insights into selling on Amazon and building your business. On this episode, Scott’s done it again with guest Greg Mercer. 4/10/2017 Free View in iTunes
As with many programs, they make it seem easy to sell on Amazon. Although as we can see from your own experience making money on Amazon is very difficult and getting harder all the time as more and more people enter the market.
What does this mean for the members paying $3,500 with the expectation of outsized profits? Remember, now you’ll have hundreds/thousands of members pursuing the EXACT same strategy. There may be millions of products available on Amazon, but how many will this business model work with?
I feel it important to note that even as we edged toward $300/day, almost all of that got reinvested into inventory when we started. When you’re growing fast (and this stuff really does pick up FAST), you have to be diligent to keep up with demand, especially if you only order 100 units to start, like we did.
I can come up with a million ideas for things to sell on FBA that would work, but I personally don’t have the time or energy to do them all. But it all starts with a good product. I get samples from overseas that most people would live with, but I always go back and have them improve on some aspect that would make it even better. That makes all teh difference.
ASM 264L. Natural Resource Management Systems Laboratory. 1 Credit: Laboratory to complement concepts introduced in ASM 264. Topics include land survey, maps, rainfall and runoff, erosion control, drainage and irrigation, and costs and returns. Co-req: ASM 264 or NRM 264 or SOIL 264. Prereq: Students must be ASM majors only.
If you want to learn how to sell all kinds of existing products (found at retail stores and other local buying outlets) on Amazon using FBA, then Jim Cockrum’s Proven Amazon Course (PAC) fits the bill to a T.
This second video of the four-part series shows you how to find suppliers for any product and how to automate the ENTIRE business. Watch the video below now to discover how YOU can run THIS business from anywhere in the world!
I knew I was in the wrong place with Amazon Associates as it just seems to be too much time and effort for little reward for me, but FBA was out of my comfort zone so I never jumped in eventhough I bought what is now ASM6 3 years ago! I need to speak with you privately about how you did this! Can you send me a PM please?
I agree with some of what you are saying, which IS structured in the ASM area, and I quote “If you follow a cookie cutter system, then you’ll be lumped in there with the rest of those guys selling sleep masks and crystal balls. You might not even try to do something because you’ve been told that it’s impossible!” I agree with this statement.
Thanks for your feedback and sharing your experience of working with the Amazing Selling Machine, affiliate marketing, and Skip McGrath’s programs. And one thing I always preach on this site is the importance of community support.
So, the question you need to ask is: Are you willingly to pay such an amount to being part of a private community (or maybe 2, including the affiliate private group)? If the answer is yes, then sign up. But if you want to work and explore this business on your own, it’s still possible.
I’m going to take you from the VERY beginning of my Amazing Selling Machine journey, because I started from zero. Yes, today I do about $500,000 per month on Amazon, but I started off making about two sales a day. Yes, I started at zero, and you will too.
Because the price of ASM is absurd i was looking for any help on Amazon and Alibaba. Then I remembered I bought Importing Fortunes many years back but can’t access the site anymore. That’s when i decided to make a search on a review on the product. I landed on your site and read your review. Made good sense.
CleanTAS 461: (No DEAL on Shark Tank) The Journey to Becoming a Successful Ecommerce Business Multiple Times What is it like to appear on Shark Tank? What lessons from that experience can leaders like you come away with? Is it a good idea to expect an immediate return on your investment when you are building up a brand from scratch? 1/8/2018 Free View in iTunes
Well that doesn’t work for us! So we needed an on-demand way to hand out one-time use coupon codes from any web page, funnel, WordPress site we wanted to…automatically! Turns it it’s possible with this special app we’re giving you access to!
As you can see in the attached screenshot, I’m on pace to do $20k this month…mostly from private label product. While it’s not a lot in the grand scheme of things, I do know what I’m talking about when it comes to selling on Amazon.
As everyone else who got in the program, I watch each and every training video that was released. The most frustrating part of this business is how long it takes for your actual product to arrive at Amazon. For me personally, it took about 10 weeks to get my product sourced, designed, labeled and shipped to Amazon.
I would shy away from the product you mentioned. It sounds like it is difficult to ship, very fragile with a high potential for damage (hence customer complaints in the form of bad reviews) and there is no demand for it.
I already have 2 Amazon courses. One is Affiliate Cash Snipers by Michael Rasmuseen and Mike Mograbi while the other is Ama Suite by Chris Guthrie and Dave Guindon released in this forum special offers – both last year.
I’d agree with Jim that it’s good to pursue multiple income streams. If you’d like to learn about different Amazon or eBay business models, PAC is a great resource. However, if your goal is to specifically learn about private labeling, there are better alternatives.
The strategies you have told and the training you have provided is really awesome. And if any person follow it correctly and if do the smart work according to your training then he can achieve all the… heights he wants in life. I am really thankful for the course you have provided. If somebody is not getting the success then he or she should think that he or she is somewhere less in efforts there is no other reason at all. See More
Finally, let’s say you don’t live in the U.S. but still want to work with Amazon- or are dreaming of one day “working-from-home” as an ex-pat bumming around on some tropical beach. Jim Cockrum’s Proven Amazon Course is ideal for anyone who lives outside of the states and wants to order products wholesale from other countries. Jim also offers an online community, additional strategy guides and online tools- among other goodies.
I have to say I agree with bayking here. I’ve seen your blog and have watched a lot of your videos. I respect you for what you’ve accomplished with your Amazon business model and how you’ve transitioned that into becoming somewhat of an authority figure on the subject – you’re a good marketer in that respect.
2. Right after the cancellation period is over, that is Module 6, the team makes no effort. The quality of modules afterward dropped significantly. It is like telling the members, ” We don’t care now because you cannot cancel it any more. ”
I didn’t buy Amazon Selling Machine but it seems the Amazon Selling machine product is more about removing yourself as much as you can from the process such as focusing on the “Advanced” FBA concepts of using suppliers that ship/label for you and send to the Amazon FBA warehouse.
This session will review the basic principles of clinical microbiology, including an overview of diagnostic bacteriology, mycobacteriology, mycology, parasitology, virology and immunoserology. Learn more.
I’m fairly certain the video said that you had already launched the second product. Regardless, why would you be offering training, and giving away a potentially profitable product to a client instead of launching more products yourself? Or at least maximize your current product, which you say has the potential to have sales of $100k per year.
Well, they did not cover critical things importing from china, labeling, brand registration etc very well, or not at all, but they found time to make videos and pdf’s on how to get boy scout type merit badges on your forum profile, what they actually did was avoid covering the difficult stuff that would have had them do a lot of work (don’t forget they were both on vacation in France when they launched this!)
Exactly. It’s still about competition. If they found something that brings in the $, they don’t want others on the bandwagon! And after hundreds or thousands of “clients” out trying to duplicate the success, most will end up at the dead end and give up when the money runs out and disillusionment sets in.
The market saturation issue was my primary concern for quite some time as well. reviews on dhgate.com after seeing how many opportunities there are on Amazon, I can’t see how it would ever be an issue. If you are in the top 1000-2000 in a product category, you are doing ok. So with dozens of categories, I don’t see the market saturation issue coming into play.
If you want to start selling on amazon, taking Amazing selling machine course will help you to achieve your goal without wasting a lot of time.You can read more about Amazing selling machine and see the PROOF of earning of the students here: Amazing Selling Machine 8 Review 2017: ASM8 Re-open & Huge Bonus
Spencer is the founder of the widely used keyword research tool, Long Tail Pro. In addition, he blogs and podcasts at NichePursuits.com about SEO strategies, building niche sites, and the success of his recent Amazon FBA business.