This is a comprehensive, but concise guide to getting started with selling Private Label products on Amazon. Easy to follow and understand, Scott Voelker lays a solid foundation for launching your own Amazon business.
My line of thinking used to be just like yours – I thought “FBA isn’t that hard…I figured it out myself, so why should I pay all this money when I already know 95% of this stuff.” Well, (for me) there was tremendous value in that other 5% that I didn’t know. Other people may have different experiences, but I consider myself to be a bright guy and I don’t know how long it would have taken me to get to $50k+ per month without ASM.
I used to wonder the same thing, and if you read very early on in this thread, you’ll see that I was critical of the course for that reason. I changed my mind pretty quickly when money started to roll in.
I’m not dogging ASM for their product because I can already tell the product is way better than PAC. The product itself is probably pretty good; I’m just not sure it’s worth the price. They did a nice job outlining the process in the free videos and the x-factor is your own ability to evaluate opportunities. I think you’re paying for a lot of high-margin/low value add-ons that aren’t really going to move the needle (eg. 7 software tools (not disclosed what they are) and 3-day event). I might be alone in my thinking, but I question the ability of most training courses when it comes to “delivering alpha”.
I have to agree with the quality of Jim’s PAC course…he’s literally one of only four internet marketers that don’t spam by inbox with useless offers of the day, etc. Information actually worth reading (so far).
I’m not dogging ASM for their product because I can already tell the product is way better than PAC. The product itself is probably pretty good; I’m just not sure it’s worth the price. They did a nice job outlining the process in the free videos and the x-factor is your own ability to evaluate opportunities. I think you’re paying for a lot of high-margin/low value add-ons that aren’t really going to move the needle (eg. http://markets.financialcontent.com/mi.kansas/news/read/35644596 software tools (not disclosed what they are) and 3-day event). I might be alone in my thinking, but I question the ability of most training courses when it comes to “delivering alpha”.
CleanTAS 437: Review Strategies That WORK NOW and the FUTURE! Have you been waiting eagerly to hear what Scott’s big announcement will be? The wait is over! On this episode of The Amazing Seller, you’ll hear Scott’s big announcement about how TAS followers like you can enter to win a scholarship to the TAS p 11/13/2017 Free View in iTunes
It’d be hard to do that without giving anything away, but I’d say you benefit from collective knowledge. Someone comes up with an interesting idea, then others build on it. These ideas get tested by multiple people and you end up with pretty good evidence of what works and what doesn’t.
My point to my Amazing Selling Machine review was that people can become successful using Skip McGrath’s Insights as a real power seller who knows the ins and outs of selling on both Amazon and eBay and he gives his knowledge away at a fraction of the cost (like 96% less expensive).
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
That’s the only frustrating part of this business – the time it often takes your product to arrive at Amazon is usually longer than you would like it to be. You’ll be so excited to get your product, and so pumped from the training, so that eight week waiting period can be an absolute torture. It also can play a role in managing inventory (discussed later).
If I take myself as a case, to answer your question, it took me til around week 10 or so (if I remember back correctly) working approximately 2-3 hours a day on my first product (I was, at that time, running a management consultancy full time).
Hey guys, Ryan is right. I mean, even though I already said earlier ‘you guys are 100% correct’, this is the 3rd time in this thread he’s asked me to stop. So, Ryan wants the last word so he can sleep at night and no longer spend hours (cumulative, Ryan, cumulative) thinking of what to write or say next. Can we all let Ryan have the last word, please (and Ryan complies and posts the last statement in this thread, so he can have the final word, in 3…..2……..1…….)
I know I probably sound like a hypocrite since I’d earn a commission on alternative courses as well, but they are significantly less than what I could earn promoting ASM. With the private label market becoming more saturated and the increase in price, I just can’t in good conscious promote it without at least acknowledging that there are decent alternatives now.
There’s no way that ASM is a fully comprehensive guide. It never has been. It’s a great course, but there are still plenty of gaps that need to be filled in. That’s not meant to be a knock on the training (which is excellent), but it’s just the nature of number of decisions you have to make in this business. I’ve personally coached hundreds of ASM members at this point and, based on direct feedback from my affiliate *students*, I can say with pretty high confidence that there is still a lot to know beyond the core training. Months after the core training has finished, I’m still answering questions on a daily basis.
However, I did have a concern that the course is an 8 week course. Does this mean it can only be accessed as they release it? I really don’t like that. I would rather be able to see the course in its entirety and work it at my own pace.
WOW, that’s very good info. I was about to pay those $4000. I will continue looking for more free info online to try to build my business and see how it goes. I’ve been studying a lot, seeing a lot of videos, etc. thanks for the comment.
Many people don’t ready it because it’s below everything else, however use it as an opportunity to tell what product is and who it serves. Lace it with keywords. Make it flow naturally and don’t overdo it.
I had a lot of clients coming from ASM and although I don’t have any experience first hand with the program I must assume it’s working because I had quite a few clients that came back for the second, third and fourth product.
There are a lot of courses out there and a lot of different business models. However, I believe Amazing Selling Machine is one of the easiest and most straightforward methods you can follow. With the massive growth that Amazon is experiencing and more and more customers turning to online shopping – now is the time to get involved.
One of the updates to the 8th version is that they show you how to sell on another version of Amazon, not only Amazon US like the earlier versions. So you learn how to sell on Amazon UK, Germany, & Japan.
80% of your time WILL be spent on research, you will need to compared with 5-10 suppliers to get the best price, then email or call them. If you are sourcing from China, expect delays in replies due to time difference.
Some updates: Since the time when you posted the above comment we’ve added numerous new modules to PAC about sourcing, private label, wholesale sourcing, China sourcing the RIGHT way, etc., we’ve added 30+ additional content creators, moderators and support staff from among our audience of successful Amazon sellers, and more importantly we are seeing countless success stories. I encourage everyone to simply do some research. The PAC clearly belongs in the conversation.
I am wondering what the real business model is behind ASM. I’ve been bombarded with ASM promotion mails recently (maybe because I’m a very modest FBA seller). One of those pluggers was bragging that he had 100+ subscribers to his last group.(prerequisite:you have to subscribe to ASM first). And after some searching it appeared that he got “a couple of $” for every subscription. After a bit more searching, it appeared that these “couple of $” were actually 50%. So at $4000 for the course, that makes $2000 a pop and $200.000 for his first batch of subscribers.
I am so glad that I invested in ASM. This is the most solid, profitable business you can find in 2017. The sky is the limit: this is the way I feel right now. To tell you the truth, I even quit my day job because I am making more online – and I was doing pretty well at my old job. I now have the freedom that I always wanted, and I spend more time with the people I care about. I cannot even describe this feeling of freedom!
CleanTAS 286 : Ask Scott Session #86 – Your Business and Marketing Questions There are always ways to learn. There are always ways to build your existing business even bigger. These Friday episodes of The Amazing Seller podcast are aimed at helping you learn how to do that by answering your Amazon private label or eCommerce que. 11/25/2016 Free View in iTunes
What I meant was to be successful quickly you need that kind of cash. You could probably get started with around $200-$300 and still make it work but it would just take you much longer because you would have to wait until the product sells, reinvest and keep doing that over and over until you had enough capital to carry a larger inventory that would make serious profits. But you would eventually get there. It would just take some time and patience.
1) Course is laid out as a step by step course. They drip feed the content, which i know some people hate (might be a negative for some), but i didn’t mind at all because i like to learn slow, and it forces you to work slow and do the tasks one at a time.
In Module 3, you learn how to find suppliers for ANY product you want to create your own brand of. Then, you learn the key principles of label & packaging design that will set your product apart from your competition. Lastly, you do a quick setup of your Amazon product listing (you’ll fully optimize it in Module 4) and you place your first small inventory order
However, in 2011, Google decided to ban all 800,000 Adwords accounts. Most Internet Marketers were banned forever from their platform overnight. So was I. After making $70,000 a month, month after month, my profits went to ZERO! Isn’t that a swift kick in the shorts?
My thoughts: maybe most of the members are accustomed to buying lesser value products in the forum here. Hence, when a better or high value ticket product come along, the tendency to judge or degrade the products become second nature.
I definitely was NOT interested in something that generated a low income and offered no way of escaping the rat race. I was looking to earn good money that would allow me to enjoy my lifestyle and support my family – legally of course.