Scott, thanks for doing this podcast. Anytime I’m feeling overwhelmed about something in this journey, I consistently find an episode that resolves that issue. Scott and his guests seem like normal/relatable people that are chasing the dream.
What you will also realize is that you need initial investment of at least $1000 – $4000 to start. But to be super realistic $1000 is not enough. If you want to get desired product most suppliers in China will work with minimum order quantity (MOQ) of 500 pieces. For lower quantity the prices are higher and many manufacturers are not even willing to work with you. So here are all the various costs to consider:
Keep that in mind for a moment. Now think about how many memberships they can sell at this price. 1,000? 2,000? I think those are high estimates, but let’s say 2,000 memberships, with $1,000 profit each. That’s $2.0 million dollars total one-time profit, right?
That being said, I’m not just trying to attract affiliate sales with this post. I’m actually finding it more difficult to recommend the course unconditionally with ASM 5. It’s still great training that provides a lot of value, but a few other good private label courses have been released since the last launch in October. I’d still consider ASM to probably be the best one out there, but it comes at a significant premium relative to the alternatives. For people who can afford the high price tag, it’s still the way to go, but it’s definitely a tougher call now that there are new options that cost thousands of dollars less.
I’ve thought about trying this before but have had concerns about ‘creating my own product’ and the support / liability part of it with my own brand. I would probably try to pick products where liability was not as much of an issue but what about some type of warranty or is this a non issue for basic products?
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.
Of course, we are here to build brand, not just sell something. This module brings you 15 lessons, and by now you should have your product samples on the way. You will know the method to select the best supplier, prepare inventory, build a brand name, and so much more.
Amazing Selling Machine (ASM) is a complete step-by-step program that walks you through every part of starting, growing, running, and scaling a business leveraging the power of one of the world’s largest online retailers.
Your product arrives at Amazon’s warehouse, and your item is for sale under the official brand sales page on Amazon. This is important – you are an independent seller, but you get to harness the power of the official brand page’s advertising and traffic.
Each situation is unique depending on where you live, but we have 15 paid moderators as well as students from all over the world who can help you navigate the process of getting set up. We have students from all over the world selling into Amazon U.S.
Keep in mind many established products have spend years developing their brand, competing will be very difficult, to establish a sellable price, expect to discount your price considerably if the product has a real following.
So, the question you need to ask is: Are you willingly to pay such an amount to being part of a private community (or maybe 2, including the affiliate private group)? If the answer is yes, then sign up. But if you want to work and explore this business on your own, it’s still possible.
Jason & Matt, I’m truly impressed by your professional free content and the clarity of explanation. I’m not new to Amazon courses, but so far, this is THE BEST free video training have ever seen. Kee…p up the great work, and see you at the top! See More
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.
I may be being naive but their seller central accounts really look like they are doing well? If you buy 1000 dog nail trimmers is the price cheap enough to make 50%? They must be doing something right if the numbers are true!
100% true story here, but I had a friend do $500k on amazon in 2016 selling Small Office Type Trash Cans – and another person I know (just online) did $25k in September 2017 selling colored pencils (that person started in April of 2017 with ASM0
You’ll be pleasantly surprised with the support, education, and training from both of these programs. Obviously Wealthy Affiliate is the most complete form of online training and is my preferred method (affiliate marketing), but both are solid, dependable sources.
I have been selling on amazon for almost a year and quickly subscribed to 10 podcasts to try and learn about it. I listened to a few other ones before landing on The Amazing Seller. I was instantly drawn to Scottâs demeanor and approach. He has always seemed so relatable and like a normal guy. Between Scott, Joel, Chris and Dom I have been amazed at the amount of valuable and actionable content that they provide absolutely free. They have free workshops on the site that have the same content I have paid hundreds of dollars for. And on top of that they explain it more concisely than any other podcast Iâve listened to. They have also built a real community without constantly pushing their paid workshops and seminars. It amazes me at the amount of value these guys share daily. They are running several businesses and still find the time to share freely with us. You can tell that they truly care. I am grateful for the podcast and everyone on the team. I got to meet them in person recently and they are exactly the same in person as they are online. Thanks again for the wonderful and practical show. Yâall have made a real impact on my life and the life of my family. I am not exaggerating when I say if there is only one podcast to listen to in this space, this is the one!
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
The Amazing Selling Machine (ASM8) co-founder by Matt Clark and Jason Katzenback is an eCommerce training program and course teaching people how to build real and solid online businesses selling physical products by leveraging the power of Amazon FBA business.ASM course teaches every aspect of eCommerce from A to Z with amazing result and testimonies from the students.
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Exactly. It’s still about competition. If they found something that brings in the $, they don’t want others on the bandwagon! And after hundreds or thousands of “clients” out trying to duplicate the success, most will end up at the dead end and give up when the money runs out and disillusionment sets in.
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 http://markets.financialcontent.com/mi.thestate/news/read/35644596 phase. There is a list of Resources and a Glossary — both helpful.
Or in what categories will people give a chance to a less expensive alternative? Me personally (Philips) I have shelled out enough money on Sonicare and Clarisonic that I’d roll the dice on a less expensive competitor, if it was just as good.