From the previous month, our sales doubled, and we averaged about eight sales per day, which equated to about $125 in sales (about half of that is profit). Not “quit your job” type money yet, but we’re getting somewhere.
Not saying the marketing aspects are not SUPER important, but they are relatively easy and cheap to get learn and get done. Basically you just do what ASM teaches you. Most of it common sense that surprisingly few sellers understood this just 1-2 years ago.
Thanks for your comment Aby, can you sell your membership to Amazing Selling Machine? if anyone wants to buy your membership, I can certainly pass on your email if that is something you would like me to do.
Most of what turns me off about the ASM boys is the marketing BS. They bragged on the callen webinar about all the success stories, even though the disclaimer at the bottom says most don’t make any money. What is even funnier about the stats is that they show someone that showed their “Sales Summary” figures of $50K and says “Just made my first $50K in profit”. Sales summary shows the total amount that Amazon charged, not even CLOSE to the amount that you end up with….and before product costs.
You will see ASM-type sellers all over the place. For the “easiest to source and private label products” it is almost funny to see all sellers with with their close to identical wording, fonts, image-types, promos etc. (BEST seller, add to cart NOW!).
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.
I agree with some of what you are saying, which IS structured in the ASM area, and I quote “If you follow a cookie cutter system, then you’ll be lumped in there with the rest of those guys selling sleep masks and crystal balls. You might not even try to do something because you’ve been told that it’s impossible!” I agree with this statement.
If anybody has anything they want to know about ASM I will give you honest, straight, no-hype, no-BS answers. There are over 60 warrior forum people who have asked and received in the last 10 days. Many of them with multiple questions. And many of them now talking to each other.
For sure private label is the way to go. If you are selling a ‘brand’ product that anyone can buy. You will always find someone comes in and cuts your margin. There is always some willing to work on crazy margins.
Casey is the founder and CEO of Viral Launch, a tech company offering innovative software for Amazon Sellers. He has intimate knowledge of the Amazon product niche finding and launch process and has helped thousands of sellers launch successful products on Amazon.
The live webinar’s audio and video are presented via your computer. Learners who listen to the expert’s 50-minute presentation will have the opportunity to ask questions. The presentation will be recorded and available for viewing one week after the live event. Learners will receive an email once the recording is available. If you purchase a topic after the live event, you will only have access to the recording.
Amazon selling machine seemed more oriented around limiting the products you sell but going deep with a specific product like different models/sizes so you limit your FBA storage costs and shipping costs……or private labeling the product so other sellers can’t piggyback on your product and depress margins. The Amazon Selling Machine software was about automating the customer feedback process for you using Amazon API’s get reviews and manage the customer feedback loop for you ? (would have been helpful if they showed an actual inside look at the software being provided)
Scott provides real value to his listeners. He has given so much time and information here, and has enabled many people to make significant changes in their lives and businesses. With his advice I was able to build a valuable side business, enjoying the journey along the way. I highly recommend!!!!
Ensure you check them out when you’re designing your emails. Make complimentary accounts on sites like Gmail, Yahoo, AOL, Hotmail, etc. as well as send the email to folks accounts to see exactly what it resembles prior to send it in the direction of the customers. This enables you to find out if anything turns up screwy and also repair it prior to your prospective customers view the troubles.
Given that we are private labeling products, there is a chance that those products that you try to PL are already owned by someone else. They legally own the product and no one is allowed to sell it but that owner, but it won’t necessarily show in the resource that they give you (a website that will tell you if there are patents on products). This was brought up numerous times in the discussion forums and such, and in the end, the answer by ASM was, in order to truly find out, you will need to contact an attorney that can look it up for you. And the cost isn’t cheap, i’ll just say that straight up. In the thousands. An ASM member found that out the hard way after he was selling product and got a letter from the owner saying that he is infringing on the product and would need to cease selling it. The ASM member just bought a very large amount of inventory, and now has to scrap it. Money down the toilet. And as bad as that was for this member, i later found out that it could’ve been much worse. People amazing selling machine 2017 infringe on others products could pay as much as 3 times earnings (earnings of whatever you made on the product over a certain period of time). And given that the member said that they bought alot of inventory, i assume that they made decent money on the product (or else why buy alot), so as bad as it was for them, it could’ve been MUCH worse…
You better have quality products and commit to do more than get bogus sales and reviews folks. It is possible. I had one dud and now one success that is growing very well. Biggest advice I can give, is that it is ALL about brand building. My noble competition is priced well below me, but I have the brand that sells at premium and I do not have to worry about the cost cutters (or the ‘viral’ sellers
My criteria for purchasing any product on Amazon basically is to try to buy products that I can list for 3 times the price I pay for it. Because Amazon takes about 40 percent of any sale using this method guarantees I can make a profit.
ASM’s courses are taught by advanced degree-holding instructors to ensure an optimal learning environment for students with a variety of backgrounds related to business. With over 10 years of expertise in all facets of creating and running a business, our instructors will help you to develop and hone the skills you need in order stay a competitive and dynamic entrepreneur in today’s ever-changing business environment. Their knowledge, research, and actual work experiences in the business world influence and promote all aspects of our entrepreneurial program. In addition, many of our instructors are multi-lingual.
Went to buy my tickets yesterday, only to find out, to my surprise, they nearly doubled in price. I wouldn’t be upset if I had known about the increase, but since I didn’t go on your Facebook page, I …had no idea. A simple sentence on the ticketing page notifying me of the pending increase would have alleviated my current frustration.
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