CleanTAS 441: PL Part 2 – The 3 Step Formula for Finding Products and the 10x10x1 Strategy How do you know what products to start selling as you get started with your ecommerce business? What criteria should you use to help you sort through the many product options in the marketplace? On this episode of The Amazing Seller, 11/22/2017 Free View in iTunes
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
Access a massive audience of confident customers—in the U.S. alone, Amazon has over 150 million monthly unique visitors.¹ Benefit from a brand that ranks #1 in reputation as determined by a 2017 Nielsen Company survey.²
$3,997 is a lot of money to ask for up front for any money-making system. For those who cannot pay it upfront, the Amazing Selling Machine offers you the chance to make 5 payments of $999, which equals $5,000. Don’t forget about Amazing Selling Machine Discount at the end of this post. .
The other type is “FBA” or “Fulfillment by Amazon” which means that Amazon lists your product, and when orders comes in, Amazon will ship it for you, provide customer support & even handle refunds for you. This makes it possible for you to run an efficient on-line business that you can run almost semi-automatically for a small amount of fee (FBA Fees).
Building a successful Amazon business can be done but it takes time. It takes nurturing and consistency. Make a 90-Day plan. What will it take to make $100 every day? Work backwards. It takes time and sacrifice in the beginning. Maybe you have to watch a little less Netflix. Maybe you have to skip some parties. However when you have the monthly cash flow coming in, it’ll totally be worth it.
They could have priced it at half of the price, sold more units and likely still made a bundle… maybe close to what they’ll make now considering that they would have still had affiliates running over each other at the chance to make a grand per sale… and more people could afford it.
The ASM promo email I received from John Reese was just a link, without even a hint of a bonus as far as I could see. ( Not that I’m too bothered about bonuses as they usually just divert your attention )
5. Get a good idea of if your product is selling – Even though eBay isn’t your end goal, search the product and hit the completed listing to the left to see how much of that product is selling. Consider if its all brand name or no name and know that it’s simple to stand out of the no names…create a logo (I did mine on fiverr and got it revised once I knew I had a hit) and watermark it over no name products. Make sure you take the pic and its not the same pic the factory sends…that means anyone can have access to that pic, thus you won’t stand out.
We worked on a business arrangement with him to do 6 training webinars with best amazon fba course over the next three months to show you his most valuable sourcing strategies for going direct to the factories themselves without ever having to leave your house.
So I struggle with the concept of selling an item that is already there. Not to mention going against a well established seller with a few hundred reviews. My choice would be clear as to whom I would purchase from.
Among all the IT/computer best jobs in a recent CNN.com Best Jobs in America report, Database Administrator job has the highest job growth forecast (30% increase) for the next 10 years until 2023.. www.cnn.com also published an article recently that Database Administrators stand # 14 out of 100 BEST AMERICA JOBS
AudienceDrill is an amazing targeting and Facebook research software. The only Facebook targeting software of its kind that has the power to instantly increase your ROI by 100% through precise market segmentation!
I’ve listened to the author’s podcasts and workshop. This book goes over a lot of that same material, which is why I like it. It is easy to refer to the section of the book to look up what I need to know at a particular phase. There is a list of Resources and a Glossary — both helpful.
CleanTAS 395: (Behind The Scenes) 9 LIVE Product Research Examples and Workflow Don’t you hate it when you waste your time going down the rabbit hole researching a product? How do you know what products would be the best to move forward with? Do you have a process in place? On this episode of The Amazing Seller, 8/7/2017 Free View in iTunes
2.) What keeps the supplier that is the bestseller on Amazon from dropping the price below your margins and now your stuck with 500 widgets you can not sell. Unless of course your that seller that has invested $100,000 and you are the one that has the 10,000 widgets
The more some decidedly bitter folks try (inaccurately and without listening) to discredit me, the more buzz it creates, the more traffic I get, and the more sales I make. So my suggestion to those (like, 1% of all the contributors here) who want to go to great lengths to discredit me (or do things like create a Warrior account for the first time in their lives just to launch a tirade), PLEASE continue doing so, because I just keep winning, with more accolades from my tribe of followers, more sales, and an increasingly honest reputation.
I purchased and refunded. It is about selling ecommerce through amazon. When I purchased he broke the payments up but I wasn’t impressed with what he offered for the price. No problem getting a refund from him.
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.
The example that you outlined above would not just be rare, it’d be EXTREMELY rare and unlikely. 625-1000 units a day of a product that he’s making 40% net margins on? I have to assume that he’s selling a “generic” type product and it’s not proprietary. And if that’s the case, anything that is generating those kind of sales is easily the type of product that would attract imitators.
CleanTAS 406: Ask Scott Session #125 – Open Brand Questions – Be My Competitor – Shipping Costs HIGH It’s time to jump into another exciting session of Ask Scott here on The Amazing Seller Podcast! This is the place to get motivation and insight that you need to fuel you on your journey to building your own ecommerce business. On this episode, 9/1/2017 Free View in iTunes
I remember buying 60items on the same product getting ready for xmas it was a new product about to be released in the UK (I had inside information this product was going to be huge. spoiler – It was a kid tab) I spent over £500 which is about $900 ish. I thought at the time I hit a winner. As soon as I sent my stock in, my competitors dropped their prices down, I didnt make much money on that at all. I am not blaming PAC (it would be stupid if it did.)
You will also be able to e-mail me once per month, with any further questions you might have from me and will receive a personal response from me for up to 6 months. This means that you can ensure that you’ll get all the feedback and personalized coaching that you need to be successful with the program.
Lifetime moneyback guarantee. This beat the 30 day ASM look-in period hands down, which teases you with insufficient crumbs to get you past that 30 day point of no return. On the other hand, PAC has been around for over 10 years and they have a stellar support team that stands 100% behind what they say.
CleanTAS 401: Update: 7 Figure Brand Growth Strategies – Driving Sales and Ranking New Products Planning your next phase of growth for your ecommerce business? Wouldn’t it be helpful to hear from ecommerce business leaders who have been where you are trying to go? What have they found to be the most helpful in growing their business and attracti 8/21/2017 Free View in iTunes