The more I read about other people’s experience, the more I think that selling other people’s products on FBA is just hustling for dollars. You can still make good money, but I wouldn’t spend my time making a few bucks at the sacrifice of what could be long-term potential. I would use it to pad your income and get some experience (if you’re new), but beside that it’s a little dicey. I still sell about 10-20 items that are other people’s products, but I see what I do and figure that it could easily happen to me. And then I read the people who this happens to (who rely on the income full-time) and think that they are doomed in the long-run.
There’s definitely some stuff that I think should have been covered, and I think Matt and Jason should have been more available in the forums, but given the nature of the business model, I don’t think it’s possible for them to have covered everything
CleanTAS 287 : (Mindset Hacks) How To Change Your Mindset to Achieve ANYTHING in Life and Business with Ryan Moran In the business world these days you hear a ton of talk about mindset. There’s a reason for that. Mindset is one of the things that determines your progress and your ultimate level of success. And the good thing is that it’s one of the main things y 11/28/2016 Free View in iTunes
Important, only use amazon ads after you have at least 10 reviews on your amazon listing, otherwise you will be spending money sending interested people to your listing but have no customer review credibility to facilitate sales. Your sales will be low and your ad-cost-per-sale very high.
While nothing is perfect, to say the FB community is pure gold is imo an understatement. And while there are clearly people who do not succeed, there are so many success stories (to varying degrees) that keep popping up in the FB group (from people I know are real since I watched them when they still had basic questions and difficulties) that it is clear that as long as you don’t quit, you know that sooner or later you’ll get there as well.
I have had very good success over the years in IM and have been full time for over 10 years. However, I rarely buy courses but the ones I have bought never live up to what they say. It just never makes sense to me why someone who is making this kind of income would share their “secrets” or even take the time to do this. I usually feel that they have done well at the opportunity but that things have died off and they can’t grow beyond where they are. So, they look for another way to make money outside of the actual opportunity. I may be wrong but I have seen this done many times by internet marketers.
CleanTAS 321: Zero to $1 Million in Sales Selling Other Brands Products (Husband and Wife Team) Are you ready to get started with selling online? How great would it be to hear from someone who has recently found the success you are looking for? You might be wondering what does selling online look like, how can you get started? 2/15/2017 Free View in iTunes
About a year ago, I discovered that I’m way more successful when I partner with implementers. I’m a marketer, an ideas guy, and a fast starter. I’m not so good at the implementation side (for example, if it weren’t for my partner, I never would have bothered figuring out how to even set up my Amazon account).
5) That leaves a small percentage that actually do get results. But not 100k per month results. Maybe 1k per month, or even 2k. They will be happy with that and not want to work anymore to get the higher amounts.
Most say the same thing, but there is a lot of opportunity with it. The manufacturer of the supplements must carry insurance. A reputable distributor of supplements has to carry insurance that covers the distributor because they make the product.
– I should have shopped around for my affiliate. However, I should learn something about marketing and traffic through the one I went through. Will know to do so next time some big course like this comes along.
You make some good points, but I can tell you my personal experience is that the sheer volume of demand for products on Amazon means that a few small tips can lead to huge improvements in profitability, even for experienced sellers.
I found that I was able to log back in. Wow- what an update from when I last logged in 3 years ago when it was still called AZ Money Machine. It appears I’m just in time for the affiliate program launch too. Looks great and I didn’t even know I had access to all this – LOL. However, I do not see this monthly earners page you mentioned.
The price is ridiculous and unfortunately the reason that it’s so high is because they are paying huge affiliate commissions. But the reality is that the Amazing Selling Machine is selling overpriced information.
Well I wouldn’t start by selling Spatulas; even if it’s only a hypothetical example, it’s an example of the wrong product to sell. Those guys are probably selling boatloads of them, but at relatively thin margins overall.
Enough of this, the attention should be on the course and reviews, which I have posted. My time in this thread has now expired. I am sure in the foreseeable future their will be more proof from other members on their success. God bless
If at any time during the first 30 days you’re not absolutely loving Amazing Selling Machine, you will get a 100% refund, no questions asked. Simply contact the Customer Experience Team at 1-888-415-0615, or via email at email@example.com, and they will process your refund. It’s that simple.
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My numbers are improving each week, and I’m on either page 1 or 2 for most of my top keywords, and climbing.(I opened at page 14 for my top keywords) At this point, most of the brands ranked above me are nationally known brands.
(Currently I’m trying an additional Product, that will only cost around $1000 for the first batch incl. shipping, labels and everything. Need another 14 days or so and will see how that goes. But I have 12 month experience now and I’m well aware of what I was searching for and took my time for it.)
CleanTAS 332: The Sourcing Funnel to Find and Validate Product Suppliers + Checklist Included Wouldn’t it be helpful to pick the brain of an expert on Chinese suppliers? Imagine the insights and lessons you could learn from such a knowledgeable individual. Look no further! On this episode of The Amazing Seller, Scott’s guest is Sam Boyd. 3/13/2017 Free View in iTunes
Thanks for sharing for your opinion on this, but I totally disagree on it. All but one of my products are more expensive than my competitors, some even $20 more. Yes, some selling more than others, but that is how it is sometimes. My goal for every product I launch, is to http://www.walb.com/story/37326182/news 5 min a day with a 45% min profit margin, and follow the marketing information in ASM. So far it has worked.
You can do this even if your a newbie but you need some startup money to get going. People should use their brain when they see all these bonuses thrown in their inbox. DONT FALL FOR IT it’s just money in their pocket!
Former head of product at CrunchBase and the founder of two web tech consulting firms, Kurt is an expert with web analytics and a master of finding insights, trends and outliers that are hidden in visitor data. He was also responsible for the global rollout of ecommerce for The Body Shop
I can’t believe the number of people that think if they pay thousands for a course, then it will hand-hold them into success. You can get all the info you need to succeed, by reading over Amazon’s FBA info and/or by other info products that go into greater detail (like Proven Amazon Course by Jim Cockrum). I am in no way affiliated with Jim, just a person that has bought a few of his products and has followed his valuable advice. He has a real gem with his Silent Sales Machine eBook. And he even answers questions – how ’bout that …..
There has never been a more fluctuating marketplace in the world as Amazon’s. Trends can come and go in a matter of hours, and sellers have to be up-to-date on everything. Finding the right resources to stay ahead of the curve is key. That’s why we’ve scoured the web and assembled our top 7 (in no particular order) podcasts out there that any FBA business can benefit from.
CleanTAS 204 : The Launch Experiment That Helped Me Rank Page 1 (Results) It’s always helpful to hear from someone who’s launched a private label product on Amazon from scratch – and has done so recently. Well, even though Scott Voelker has been doing private label sales on Amazon for some time, 5/18/2016 Free View in iTunes
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.
CleanTAS 454: Ask Scott Session #140 – Sourcing Outside China – 3D Printing Products – Utility Patents Are you fired up and ready for another awesome session of Ask Scott here on The Amazing Seller podcast? This is your place to get the motivation, energy, and excitement you need to push through the tough parts of getting started in the ecommerce arena 12/22/2017 Free View in iTunes