Hmm…I guess we came to the same conclusion, but my line of thinking is very different. The reason I don’t think her strategy would be very good goes back to the whole difference between selling your own brand (private label) vs selling someone else’s brand (retailing). It’s been discussed many times throughout this thread and as part of the ASM launch that it’s not worth describing in detail unless someone has specific questions. In short though, it’s a bad strategy that would be more likely to backfire on you.
If you have some money to waste, then maybe buy ASM and check it out. Personally, I STILL believe that you’re better off just starting off by selling SOMETHING in your house and then build your way up from there. I think the people that are successful with FBA would have been successful anyways; once they put their money to selling on FBA that is.
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.
Click this link if you’d like to read more about their training program. Keep your head up Ryan, I too lost close to $5K on my first importing adventure, I was lucky to make it up and 10 fold, but I didn’t quit. I made importing work, but didn’t like the risk or the high level of involvement.
We worked on a business arrangement with him to do 6 training webinars with you over the next three months to show you his most valuable sourcing strategies for going direct to the factories themselves without ever having to leave your house.
Everything you said makes a lot of sense…and funnily enough I actually just subscribed to his free PL course. I might as well do this for the next 10 days and then see how I feel and this can by my test to see if I will stick with it…I really just want to have a good enough reason to leave my current job, but it pays too well and I’m a recent graduate with no real skills sooooo…Anyway thank you!!!
CleanTAS 283 : Ask Scott Session #85 – Your Business and Marketing Questions It’s always good to learn from the success and failure of someone who is already down the same road you’re walking. That’s one of the reasons Scott does these Friday “Ask Scott” episodes of The Amazing Seller podcast. 11/18/2016 Free View in iTunes
I had a lot of clients coming from ASM and although I don’t have any experience first hand with the program I must assume it’s working because I had quite a few clients that came back for the second, third and fourth product.
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.
Big brands run like well-oiled machines (most of the time, at least), but they don’t go past the basics. Yes, Walmart, Target, and Costco are absolutely trying to break into the online space, but in late 2014, Walmart was only doing 3% of its sales online…
ASM 378 – Machinery Principles and Management – 3.00 credits: Principles of agricultural machinery manufacture, sales, operation, and management. Topics include selection, replacement, operation, application, and maintenance. 2 lectures, 1 three-hour laboratory. Prereq: MATH 103 or 104.
You sound like the voice of experience. It’s really hard when you get something all figured out then they change the system or yank the rug out from under you – especially when it happens over and over again. That’s why I like to be my own boss and the Selling Machine sounds like a way to do just that. You’re right, it’s expensive, but if you make lots of money while using it, then so be it. Besides, if there’s a money back guarantee how can you go wrong? Thanks for the tip!
Once your business gets to a certain point, you should have liability insurance just because. Importing from China means fewer insurers will cover you, and at a higher cost, but it is affordable, and there are specialized insurers for niches that commonly import, to help prevent overpaying for a policy. It’s great selling online without some of the traditional business risks, but you can’t escape everything all the time and sometimes you just have to suck it up and protect yourself and your business. In my personal experience without the importing the liability policy can be acquired for around $500, with the importing, around $1500-3000 (or more, depending, and that’s for a low risk category).
You seem to know your stuff then. We have very different opinions of things. To give you an example, I am pretty sure you would against Snuke software as it is a spam too, yes and no. To someone who doesnt know how to build authority backlinks will say it doesnt work and its a spam.
A wealth of information. I had previously paid for an FBA course from one of the FBA gurus out there and it was 497$. It was short on details and left me with too many questions. I found all of those pieces easily laid out in Scott’s podcast. The guy is also really nice to listen to. He is like a natural radio host. He keeps the flow and the tempo of his material up and he’s upbeat but not in an annoying way. He just delivers info in an easy to understand way that makes it very approachable. I downloaded Itunes just so I could leave this review. I very rarely review something. So this is special.
2) Tips from other people in the community. When I first heard M&J say that proven amazon course pdf learned a lot from members of the predecessor course (Amazing Money Machine), I thought that was just marketing BS. This has honestly been invaluable though.
Scott Voelker from The Amazing Seller podcast will be sharing Amazon FBA and eCommerce marketing strategies from his own experience, case studies and interviewing the experts. Discover how you can apply and use these techniques to create a business that will allow you to do what you love, weather it’s traveling more or spending time with your family. Scott has confessed that he’s not a millionaire, but he has been supporting his family by earning a six figure income per year, 100% online for the past 6 years and most recently adding his Amazon FBA business.. This show will discuss topics like product selection, private labeling, sourcing suppliers, promotions, marketing, list building , brand building, Amazon PPC, Facebook PPC and everything that works (and doesn’t work) to help you better understand how to build a successful business you can be proud of.
The course is priced high to allow high and lucrative affiliate payouts and bonuses, not because the content is better crafted than any course at $297. The last time the course was launched almost all revenue came from JV partners. They used a proven info product marketing strategy, and it worked beautifully. FWIW, this exact strategy they used is also taught by another info marketer, but the name just escapes me. The pre-launch strategy, the drip, the teasing, setting up the webinars and pdfs so that your JVs get their list properly cookied for commissions, tiered bonuses on the back end. They’re awesome at that!
A specialist in online selling, design, and photography, Autumn has utilized both her technical and creative sides to build a 7 figure e-commerce business. In addition to selling through shineweddinginvitations.com, Autumn is also a top seller on Etsy.com and manages a semi-virtual team of employees.
There’s Zach, who had floundered from business to business until finally finding a love for selling on Amazon. He saw success fairly quickly, selling about 50 units per day of his products. After spending three days with me in Austin, TX, we made a few tweaks to his model, and he quickly exploded to well over $100,000 per month.
5- Supplements also belong to a category of products whereby the branding is almost entirely wrapped into the marketing. Every year I go to the outlet sale at Meyer (cookware company) warehouse. You see product upon product and the only differentiating factor is which chef that product is branded for: Mario Batali vs Emeril Lagasse vs Rachel Ray vs that Italian lady. Same product, same company, different endorsement.
A training center to learn everything about internet marketing and website development. So please don’t think that I’m slamming other companies, I don’t believe my Amazing Selling Machine Review does this whatsoever.
Welcome to part two of this LIVE Hot Seat Session with Scott and Chris! You can find a link to part one of this Hot Seat Session down in the resources section below. On this episode of The Amazing Seller, you’ll hear from the guys as they continue their deep dive into one of their student’s businesses. They particularly focus on keywords, how t ……
Ryan Daniel Moran is one of the most sought after speakers and thought leaders on internet entrepreneurship in the marketplace. He specializes in creating extremely profitable businesses without compromising your lifestyle. Ryan is passionate about inspiring, educating, and empowering people to live extraordinary lives. When Ryan isn’t inspiring his listeners and readers, you’ll find him at an improv show, at a Cleveland Indians game, or traveling the world.
In the beginning, making money online was as easy as taking candy from a baby – but do not try this baby-larceny. Trust me, this is an arrestable offense. Anyway, all I had to do at that time was find good offers and use Google Adwords to advertise and sell stuff.
Personally, I’d watch all their free videos, listen to Ryan Moran’s podcast for inspiration, and do it yourself (even though Moran recommends ASM, it’s not necessary…he needs to pay the bills). I can’t imagine spending $3500 and then another x amount testing out a product.
If you are looking to get started with Amazon FBA, you really don’t need to be paying for a course, especially since you are a beginner you should be using all of your money for inventory! If you are interested, I made a FREE Amazon FBA course showing how I built a a 6Figure business in under 1 year!
This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!
On IdeaMensch, Matt lays out his strategy even more, noting that, while he started out as an affiliate marketer selling other entrepreneurs’ products and getting a 40-50% profit margin, it didn’t compare to him selling his own product and making a 400-500% profit margin (!).
I have built a substantial ecommerce business myself following it, and have subsequently helped many others do the same. You are correct, there is a one-off investment to be made to get the training, but it has been closed to the general public for nearly 2 years (nb, look out for more on this very soon, announcement pending).
The name of the game with these sites is to build relationships. They are typically agents who will deal with the manufacturers on your behalf. With Alibaba, there’s a lot more back and forth. Ask a lot of questions like:
CleanTAS 254 : (Hot Seat) Failing Products + Advice on Future Product Plan and Sales Funnel Mapping If you are curious how an experienced Amazon seller would go about optimizing a product listing that isn’t performing very well, this episode is for you. On this one, Scott chats with his friend Chris Schaeffer about a product one of their listeners i 9/12/2016 Free View in iTunes
The Facebook group I’ve just about abandoned. There is a lot of good information there, but there is a lot of really bad and blatantly false information on there too. The problem I have with the group are the individuals that act like experts in private labeling on Amazon, and give our bad/false information, just because they don’t really know what they’re talking about, but people listen to them regardless and it’s just all around bad.