You will also be able to e-mail me once per month, with any further questions you might have from me and will receive a personal response from me for up to 6 months. This means that you can ensure that you’ll get all the feedback and personalized coaching that you need to be successful with the program.
As with the ASM business model, real estate investing is not something you couldn’t do without training, but having guidance makes it easier and would likely improve your probability of success. Similarly, if you have access to a group of people utilizing the same business model, you can also learn a tremendous amount from your peers, and avoid some mistakes, as they share their experiences.
This Amazing Selling Machine 2018 review is provided by a current member of ASM 8. The Amazing Selling Machine which is also known as ASM is a training program that helps people like you build a sustainable long-term business selling products on Amazon. This program was created by Matt Clark and Jason Katzenback and it has had over eight previous series with the Amazing Selling Machine 8 (ASM 8) coming out in October 2017.
Searching online, I actually found a few ASM-like courses that not only explain the concept of drop-shipping via Amazon or Ebay, but are even segmented into various industries so you need not buy extraneous materials that you’ll never use.
Business Startups can find the most up-to-date information about the Amazon Selling Machine free training through the link above. Customers who have specific questions about the training itself may contact Bookalicious.org via their website.
Anyhow, I test run ASM for 30 days, I even spent $840 on inventory which is 160 items, and priced it at $14 ish more than my competitors, however my margin was only 28%, this was killing me (I wanted more money). So I decided to increase my price to $25. Now, I want to make this very clear, my competitors are pricing their products at $8 – $10.
I personally know Amazon and the whole private-label thing extremely well. My revenue from Amazon is well into the hundreds of thousands per month. Yet I have never invested a dime in inventory and achieve this with zero-risk. Anyways
I really doubt that Jason and Matt are trying to get one over on people. There is a large group of successful people in the info product space jumping on board here. We simply want to learn how to use some of our marketing skills to give us an advantage in the Amazon marketplace.
Thanks for your feedback and sharing your experience of working with the Amazing Selling Machine, affiliate marketing, and Skip McGrath’s programs. And one thing I always preach on this site is the importance of community support.
I’ve been in contact with a few other successful members and I think a lot of it comes down to really understanding the nuances of Amazon. They didn’t all have Amazon experience, but you can tell the successful ones just *get it* more than other people in the forums.
ASM does a good job overall and I think how they present the material is probably better than other courses I’ve seen. However, in terms of content quality, the training is similar to what you can find elsewhere at a lower course.
Therefore, part of the reason that I’m hosting this mastermind is to meet other implementers who may fit as potential partners on future projects. Yes, I often partner with Tribe members on their businesses to grow them.
Just to chime in now that this thread has popped back up, I would echo a couple comments…namely 1) It will take more money than you think to get started 2) It’s harder than you think 3) Amazon can nuke your business without notice.
6) So what does that leave? The very small percentage that are hitting home runs, and continually wanting to grow the business. Those are the people that most talk about when they talk about saturation.
What this means is that, if you buy the program and buy inventory, market it, and do not make money following their methods, ASM will refund you the full cost of the program and they will reimburse you for any money you spent on inventory, up to $10,000.
CleanTAS 421: Ask Scott Session #130 – Testing Products FAST – Google Adwords Traffic – Inventory Placement What do you need to push your brand forward? Often times, it’s the simplest things that can cause a huge impact on how you look at the world or make a decision. The spark you need to ignite your next bold move can be found right here! 10/6/2017 Free View in iTunes
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CleanTAS 455: Merry Christmas + My Gift To Help YOU Succeed! Merry Christmas! Join Scott for this special TAS episode as he expresses his gratitude for a wonderful year with The Amazing Seller podcast. He also goes over some helpful steps that will empower listeners like you go out there and TAKE ACTION! 12/25/2017 Free View in iTunes
Scott Voelker is a serial entrepreneur who’s been online over 10 years. With roots in construction, he went from his father’s business to the photography business. Determined to get more leverage for his brick and mortar store, he turned to the online world. He began selling digital information products in the photography space.
I belong to an online training program that is a bit bigger than the Amazing Selling Machine, with over 200K members. But when I first started website development and affiliate marketing, I would have been lost with out the proper training, guidance and support that came with the Wealthy Affiliate program and community.
Lets look at this in a different angle, I am sure over 80% of WSO are either PLRs or course rewrites. But how do these same information sell so well. Well, the product owner either creates a different sales page, ebook cover or adds income proof.
Bit of a coincidence I came across this, as I happened to come across ASM a few days back and wondered what it was like. I’m not currently in a position to pay for this programme, but I do think it sounds great!
Legal fees?? Wow… Granted, I paid less than $200 to incorporate my business which is set for 12 months until renewal. With that said, one is not required to incorporate a business because one could be a sole proprietor, so once one has made their money reinvest it back.
Another wrote about the amazing prices you can get from genuine manufacturers: “I have contacted some manufacturers already (from links he supplies) and I am just shocked at the low prices they offer for products I am researching. Forget Alibaba, Global Resource, whatever……”
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 who 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…
How are high profit margins generated? By convincing customers that the product has very high value and is in limited supply. Thus, the ASM training doesn’t just include the 8 week course but additional value-added items such as the Vegas trip and lifetime forum membership.
My best products have margins in the 45-50% range and when I define gross margins, I’m talking about taking the NET proceeds from Amazon for each unit sold, subtracting the all-in per unit cost, and coming up with the gross margin dollars. Take that gross margin $ and divide by the NET proceed from Amazon and you come up with 45-50%. I will say though, that those particular products require me to be spending 40K per shipment. But that’s why able to make 45-50% on it; because other people won’t do it.
That’s the only frustrating part of this business – the time it often takes your product to arrive at Amazon is usually longer than you would like it to be. You’ll be so excited to get your product, and so pumped from the training, so that eight week waiting period can be an absolute torture. It also can play a role in managing inventory (discussed later).
I have been listening to this podcast daily. I have already found a product and ordered a sample to begin with selling on Amazon FBA. I feel so much more confident in starting up thanks to Scott’s great advice and awesome interviews with guests. I can’t the snowball amazon listening! Almost ready to launch!
The only tool that is of any use is the Email tool that will allow you to automate follow-ups for reviews. Obviously, if you’re starting out, you can do this manually until it gets to be totally overwhelming. After that, there are simple solutions that will automate it for you and they go for a small monthly fee.
If you go with content marketing (written or video) the key is to target keyword phrases that you niche audience is searching each day, create quality content that helps people, then repeat the process.
Note: This bonus will be made available to you via our ASM Masters members area. You will receive access instructions for how to log in to the ASM Masters members area (our bonus members site) via email within 72 hours of your purchase today.
Scott, I appreciate all the knowledge that you and your guest speakers provide; it’s invaluable. Hearing other people’s success stories only inspires me even more. I listen to your podcasts on my walk to work and on my way home. Thank you for keeping me motivated as I’m sure you are motivating others in the same way!
If you have a list that you can market that product to and send them directly to Amazon, this makes the job a whole heck of a lot easier. If you don’t, then you probably need to low-ball your price or figure out a way to drive traffic to the listings. Once you start to get some sales/reviews going, you can slowly raise your price.