Most people get stuck on picking a product. They spend the entire 8 weeks looking for a product paralyzed by fear. afraid that they will pick the wrong product or that there will be too much competition or that they will be scammed by their manufacturer and on and on and on.
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, you’ll hear from Scott and Chris as they open up and share how sellers like you can learn their process and avoi ……
What have you done lately to move the needle in your efforts to build your ecommerce businesses? How do you stay motivated when the going gets tough? For many TAS followers, it’s all about the Ask Scott Sessions. These special episodes help sellers like you find the energy and passion they need to keep their business on track. On this episode, ……
Here’s my opinion, if you are on a limited budget then you should just figure it out on your own. If you’re smart enough to make more and more money each month, then you’ll eventually get to the point where it will all make sense and you can make a go at private label (that’s what I did).
I got paid from Amazon on the 17th June $900ish, and already (not even a week gone yet) I have $500 in my account wanting to be sent out. Take whatever you want from that, but this is within my first 7 weeks of my product being live.
Most people assume you need to dump a bunch of money and import from China. With a recent deal that I did on Amazon, I simply purchased smaller quantities domestically to test the market. I made very very little on this, but it gave me the confidence to purchase in larger quantities once I had a good feel for potential demand. When you’ve got a winner, you scale up.
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.
Product Research: The BSR (Best Seller Ranking) is an important number. Although not exact, it works as a good gauge to see how you and your competitors are doing. Locate the number at the bottom of the page, below the description. A BSR around 10,000 equals about 10 units sold per day. However you always want to do your homework. Here’s how you do the math.
We are also realists and know no matter what we say sometimes things do not go according to plan. For this exact reasoning we have developed, in our humble opinion, the best Guarantee in the industry.
A few episodes back, Scott issued the Product Discovery 24 Hour Challenge. Did you take him up on the challenge? If you haven’t, it’s not too late! Take a look at the links in the resources section below to learn all about it. On this episode of The Amazing Seller, Scott shares some update from TAS followers like you who took the challenge and ……
I’m part of a huge community of highly successful Amazon sellers (some with 7 figures quarterly) who NEVER spent more than a few hundred dollars at a time on their “online education” – and they are fully aware of the risks of putting all their eggs into a single Amazon account (google “amazon account suspension” sometime – it happens!)
It is possible to locate a terrific bargain of Amazing selling machine download sites that one could possibly promote from, quite cheaply. This may enable you to get plenty of customers and possible clients.
Hype like the Amazing Selling Machine is going to make you rich. You have to do the work in whatever business you get in to, and that’s not how the Amazing Selling Machine portrays their business at all.
And there is just so much documentation on how to do those specific things! I just can’t believe a newbie would drop $3500 on a product when they haven’t attempted to find their own way. You’ll learn so much more if you just go in that direction yourself. I don’t believe for a second that you can actually be open/honest with the community members at ASM because they are your direct competitors.
One interesting fact is that ALL the mentors are previous ASM members who have had tremendous success on Amazon. The mentors are not paid, they actually take their own personal and business time to help new members. This alone should tell you how much good will the Amazing Selling Machine program has created.
CleanTAS 315: Understanding and Limiting Your Storage Fees + Live Video and Questions Does the recent news from Amazon regarding increased inventory storage fees have you worried? Are you scrambling to figure out what you are going to do about your shrinking profit margins? Don’t panic! Let Scott and Chris guide you through the informa 2/1/2017 Free View in iTunes
In my opining, the best, most realistically priced training program to sell private label products on Amazon is Skip’s Complete Amazon Marketing System. He will show you how to get the job done for a tiny fraction of the price that the Amazing Selling Machine charges.
ASM 264 – Natural Resource Management Systems – 3.00 credits: General principles of management of natural resource systems including hydrology, soil erosion, irrigation, drainage, wetlands, and water quality. 2 lectures, 1 three-hour laboratory. Prereq: MATH 103, 104 or 107. Cross-listed with NRM and SOIL.
CleanTAS 292 : Ask Scott Session #88 – Your Business and Marketing Questions What’s the deal with this year? It’s just flown by! Here we are in the 4th quarter, the first part of December 2016 and we’re looking at Christmas coming up. But there is lots to be concerned about that’s much more important than product sales. 12/9/2016 Free View in iTunes
Thanks greatly for your insightful explanation to develop business acumen and own a successful Amazon FBA or ecommerce business. The timeline you suggest to income is clarified with your advice to pursue all needed operations methods to have effective in sync systems.
Josh, thank you. I am interested in the community mindset. I have experience marketing and selling products. I am looking for like minds that are serious about discussing ideas. I am not interested in paying for a mentor.
They teach http://markets.financialcontent.com/mng-ba.iba/news/read/35644596 also when to expand to other Amazon sites especially the European sites like UK & Germany. The entire process is shown in details here (this is of Amazing Selling Machine 8 course if you start out with Amazon US which is Amazon.com.)
CleanTAS 477: 3 Steps To Find Hidden Product Opportunities in BIG Markets (Drill Down Method) How can sellers like you build your brand from the ground up by finding the right markets to start in? What does a brand focus approach look like compared to the open brand approach? On this episode of The Amazing Seller, 2/14/2018 Free View in iTunes
CleanTAS 415: Ask Scott Session #128 – Protecting My Product Ideas – Choosing Keywords – Hiring Help and Battling Overwhelm Are you fired up and ready to go out there and push your brand forward? What’s holding you back? Take this moment as an opportunity to get motivated and inspired with another session of Ask Scott here on The Amazing Seller Podcast! On this episode, 9/22/2017 Free View in iTunes
This Amazon Selling Machine course includes 8 different modules with each module taking one week. It has been designed like this to help you stay on the path and ensure that you achieve success and get a higher competition rate. Here are the modules
To summarize, the Amazing Selling Machine is the best training course that I have ever experienced. This is coming from someone that has invested nearly $100,000 in coaching, seminars and online programs. I HIGHLY recommend it for anyone that wants to get into selling on Amazon and is committed to it. Obviously, this is only for people that are committed and willing to invest in themselves and starting their own online business. Every business requires an investment and when put in perspective of what a college education costs, this is easily worth every penny.
You also get access to the special PRIVATE online Amazing Selling Machine 8 community. This one-of-a-kind online community includes business owners from around the world — many that have built multi-million dollar companies with what we’ve taught. THIS is your opportunity to reach and meet other driven, motivated entrepreneurs that have gone through the same exact course. And of course, if you have any concerns or questions that the course can’t address, Amazing.com is here to assist you 24/7/365.
One of the easiest ways to make more sale from Amazon is social media. Pinterest is the best social media where you can get thousands of targeted traffic without spend dime. This is a book I wrote and I shared my strategies, how I went from Zero to 45 thousand page view every month for FREE.
And regarding your examples that you laid out, it’s always easier when we’re just speaking in hypotheticals I guess it depends on how you define your margins. Some people saying “My gross margins are 66% because I buy it for $10 and sell it for $30 on Amazon” while others will define their gross margins by 33% because they deduct the Amazon fees and transportation costs associated with selling it. The latter is more accurate in my opinion.
Pick a product, order a 10–100 depending on the cost/ your budget and the minimum order quantity (MOQ) of your manufacturer, send the product to Amazon, market it and move on from there. Keep the momentum going If it works order more if it doesn’t move on and try something else. The key is to keep moving forward.
In addition, if you balk at the price, you’re probably in the wrong game. With a price tag of about $5,000, Amazing Selling Machine may be the most expensive business training that you ever purchase. You’ll also have startup costs of about $2500 to get your product made, a label designed, etc. If a $5,000 business investment scares you, then stay out. Personally, I’ve never seen a $5,000 business produce such incredible results in such a short amount of time, and I’ve been in a lot of business (heck, the restaurant I owned cost me $225,000 and I’m yet to make a dime from it… and my college degree cost me $80,000 and I don’t even know where it is).
Note: You must either be an ASM 1-7 customer in good standing or join ASM 8 through one of our partners in order to be eligible for our bonuses. For questions about bonus eligibility, send an email to email@example.com.
CleanTAS 265 : Ask Scott Session #80 – Your FBA Questions It’s time for Scott Voelker to answer your questions about Amazon Private Label sales because this is the Friday episode of the Amazing Seller Podcast. We call it the “Ask Scott” episode because that’s all the episode is – your questions about A 10/7/2016 Free View in iTunes