If you have $4000 available for the course and several thousand more to manufacture your own private label and are prepared to risk it at one go, then the ASM might be your cup of tea. I am not anti-ASM, but I do think it is very expensive, can be risky and there are better alternatives available.
In summary, it is possible to have a successful business on Amazon.com however it takes effort and determination. The possible payoff is big though. Think of having a successful e-commerce business in a couple of years from now. You could pick in between a consistent monthly money circulation of thousands of dollars each month or you could choose to offer your business for up to 25x your net month-to-month income. There are buyers for organizations like this on websites such as Empire Flippers.
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 a business leader, you want to use every tool that’s available and learn from as many sources you can. On this episode of The Amazing Seller, Scott welcomes Mike Jackness to the podcast. You’ll hear Mike share about his own journey as an ecommerce business leader, the importance of brand building, identifying a target audience, leveraging em ……
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?
Commercial photo quality label printers can be had for $1000 bucks now. Label your own stuff. Gives you flexibility on all kinds of print on demand labels for various products to avoid label setup charges and having to invest in label inventory. When a product volume gets established to hit MOQs, you can then go to pre printed labels and a manufacturer will take you on.
Seems an interesting business IF you have a huge mailing list (which I don’t). But why would anyone bother to work with FBA, buying products, hassle with taxes etc. to make 10k/month if you can rake in a multitude of that by just plugging ASM?
After looking at this product over the past 3 years, I was pleasantly surprised to see that Amazing Selling Machine (ASM) continues to improve upon their educational program to teach you to sell on Amazon.
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!)
I am currently actively looking for the ways to start my online business, I’m very new in all this. I’ve watched the ASM video on how to create an FBA Amazon business, but wouldn’t spend thousands of dollars for a program though.
I have recently bought in retail stores some high quality products made in Italy and Germany at prices at least as low as lesser quality similar products made in China. Eastern European countries are good places to source certain products, and buyers should consider other places such as Turkey and Brazil.
Yes, me as well. Gone from my inbox is Mark Ling, Matt Carter, Gauher Chaudhry, and a couple of others. They have lost all credibility. It’s plain to see that money is their main objective. I used to buy into the “I’m here to help you because I too, have been burned before” routine, but my eyes are opened now.
5) The badge system, meaning that after you work through the modules, there are badges that you earn for doing certain tasks. They range from setting up you seller central account, to earnings badges, and everything in between. I think that is a fantastic system for getting people motivated. I found myself feeling proud of the badges that i was accumulating, and want to add more. it’s a great incentive system.
Just to chime in now that this thread has popped back up, I would echo a couple comments…namely 1) It will take more money than you think to get started 2) It’s harder than you think 3) Amazon can nuke your business without notice.
How would you like to get what would be equal to about $782/yr in fees for free? And more importantly, set it up before you get customers so that way you never lose all the money you can make with an Amazon customer after they make their first purchase!
I first heard about ASM during the October launch. Given the price, I had to decide between buying the course or being able to launch a product. I have a decent amount of online marketing experience, but had never private labeled before. I decided to see how far I could get on my own. I used all of the free ASM information that I could find, and my product went live in January.
My Recommendation / If you have the money and want to consistent, high-quality training and support to launch an FBA business, Amazing Selling Machine is hard to pass up. The newly added 6-month guarantee helps alleviate some of the pressures of the high price tag and has pushed ASM into a solid buy rating from I’ve Tried That.
And yes, I offer an real online educational program that is perfect for those who are willing to work and don’t want to risk a ton of money like you ABSOLUTELY will have to if your importing products to make real, substantial money online.
Jared is a business attorney for startups and ecommerce entrepreneurs. He founded Stark Business Law PLLC, where he dedicates his practice to helping people start, grow, and protect their businesses online.
They just included Proven Private Label (“PPL”) as part of the PAC course, so it does have a private label component to it now, but it doesn’t compare in quality to something like ASM. I had still been recommending PPL for a while, because it was good value at the low price and I know not everyone can afford ASM. However, a lot has changed in the last few months, and there’s another course I’d now recommend over PAC/PPL. It’s still the least expensive one out there, so maybe it has it’s place just for that reason, but even at the lower price point, I’d probably recommend something else.
Working with the airport management team to research and develop an ambitious route development strategy, ASM has been pivotal in the negotiations that will help establish Modlin Airport as a key European Low Cost Carrier hub.
I think you’re right that there will probably be a lot of people who buy this course that really can’t afford it, but I think each individual person has to bear the responsibility of their own financial decisions. I’m sympathetic to people in dire straits, but everyone needs to take personal responsibility. Saying that Matt and Jason should charge less money to accommodate people who would be maxing out their credit cards is a silly suggestion.
I can show you a day where I did 250 unit sales per day, does that mean I made $300K in a month? If I was an enterprising internet marketer, I would pump sales to my product for one day and then just extrapolate that out for the year. Besides, the reports that these guys use are misleading; they don’t include the fees that Amazon takes.
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.
Scott – I can only find time during my 5:30am workouts to listen before I jump back into my corporate rat race, but hope that can stop in a year or two.Thanks to you I’ve taken action and will be learning my own lessons the hard way, but avoiding some because of your phenomenal content. I’m still in your 2015 podcast episodes but want to catch up as soon as I can.BTW – I know some people tell you the term is “Housekeeping”, but hey, say “HouseCleaning” if that what makes you tick (and I love it) – we get it.I’ll try to keep in touch with my progress and undoubtedly seek advice from you and the community of listerners you’ve built! CheersEaton
CleanTAS 345: How to License Your Product to Major Brands and Collect Royalties for Years How would you like to receive income from a product that you don’t have to continually market, ship, or promote? Does it sound too good to be true? It’s not! On this episode of The Amazing Seller, you will hear from licensing and patent expert Steph 4/12/2017 Free View in iTunes
Now with that being said, some will say, ok, maybe there will be plenty of opportunity, but not as good as it was before. And to that, i say, i agree. That’s just reality coupled with common sense. More players in the game will make it more difficult then it was before.
But you know, I have a feeling that a lot of people can understand the Privatel Label process and still not really see the forest through the trees i.e. they just can’t think through the difference between a product that, in theory, works and one that REALLY works.
I find it very enjoyable when people (or certain person) lays into either FBA or ASM methods. All I can say is, yes ask for a refund, your not needed. While most of us who are making over $100k a month all the way to the bank, I am not hear to brang. Just find it laughable someone wants to call it a scam. Maybe we should call you a scam for not putting in the effort and not sticking with something more than a month, sigh- What a joker.. For really, go find a push button program. If it didnt work for you, fine. That is understandable, but throwing the word/phrase (scam/its a scam) JOKER!
I doubt that ASM is having a huge impact on the competition anyways because private labeling is just something that anyone selling on Amazon would figure out. I think ASM probably appeals to people with no experience on Amazon and they think of it as some sort of “secret”. But if you’re doing even small volume on Amazon, this should be a logical next step.
I watched your video and your comments above don’t change the fact that (a) many of your points in the video had little merit; (b) you diverted people to another product where you would earn an affiliate commission; and (c) you decided to post a link to your video “review” here, but it obviously wasn’t only about helping your reputation/fans/followers/readers/tribe. In fact, the post was ultimately deleted by moderators, presumably because they found it http://investor.biospace.com/biospace/news/read/35644596 be too self promotional.