I’ve been getting great sales of some of my products in Amazon and I have done exactly nothing, zero, narda, not even a single press release or video, just listed the product and it started selling from day 1
CleanTAS 280 : Ask Scott Session #84 – Your Business Questions Fridays are one of Scott’s favorite days of the week because it’s the day that the Ask Scott session of the podcast hits the airwaves. These episodes are designed to do nothing more than help you get your answers about Amazon private label or e-comm 11/11/2016 Free View in iTunes
One of the biggest mistakes you can make, Scott says, is to go after trendy products that everyone’s selling. Instead of aiming to make a lot per day on 1 product, (the home run), go after unsexy products that sell 10 units per day (solid base hits). To find these, start by making a Touch List. Take a pen and pad and put it by your nightstand. Once you wake up, take it with you and write down EVERY SINGLE product you touch throughout the day. A lot of ideas will come from this. Even if you don’t sell that actual item, you may get an idea to sell a complimentary item. Instead of the vacuum you might sell the filters.
– took 3 months in total and delivery was good they emailed me a picture of my http://www.wect.com/story/37326182/news from the fullfillment centre to make sure they were mine coming in and about 3 days later the stock was showing on my seller panel
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.
This is a great question. One that I would also like to know, but am not willing to pay 4000 to find out. @Terry… Why don’t we start a new thread called Amazon Private Labeling Q&A, or something like that. Personally I would rather ask questions like yours and get answers, rather than about this course. Isn’t that what this forum is all about? This thread did address the question about ASM, but I think it’s ran it’s course, everything seems to be getting personal and opinionated. I’m going to try to start a Q&A thread:
If you still are into building an online business, and I know I sound like a stuck record, but affiliate marketing has close to zero risk, only your time to create traffic to bring people who are already looking for your specific products.
As much as I think it’s a good model, no one should be buying ASM if it’s with money they can’t afford to lose. If you can afford the cost, but can’t handle “feeling like crap” if your product is a dud, you shouldn’t buy this course either. Like I said earlier – this is a business and there’s no guarantee of success. If you can’t brush off a failure in business, then it’s not for you.
Greg makes $400K/month selling on Amazon and is also the creator of the popular tool Jungle Scout, the leading Amazon product research tool online. Greg is a master of finding profitable products to sell on Amazon.
To answer your question, I just don’t think that press releases or video would really move the needle in any meaningful way. I agree with the core strategy of ASM, but there is a lot of window dressing in order to puff up the price. I don’t know about you, but I just haven’t gone from Video>Product or Press Release>Product during my shopping experiences. There are a lot of strategies within Amazon to boost sales that will yield better results. Maybe they talk about those things, but I kinda doubt it based on what I hear. So getting training on press releases is kinda silly in my view.
This free Killer Listing Copy Workbook (Part 1) for the new or experienced Amazon Seller contains Killer Tactics & Super Strategies from Dana Derricks that have made his clients $100s of millions. Part 1 focusses on basic principles and Listing Title.
I have been involved in international shipping, exporting, and importing since I left college, and with a lifetime’s experience I would not go to the trouble of trying to keep up to date with all the regulations. Since I began importing in 1987 I paid others a small amount to do that for me.
I’m sure the Amazon people that have succeeded & want to help others have good intent, yet I’m also pretty sure that there’s a portion of people who will realize only after taking the courses that they do not really have the funds or just don’t succeed…