I have a question. I am new to private labeling on Amazon. I basically used ASMs model (without paying for the course) and combined other Amazon knowledge I’ve gathered over the years. I have done pretty well for starting out – 4k per month.
With regard to training, people can make their own choices about what is a good value for their money. I guess I don’t really understand why you’d pay for training to teach you the holy grail when most people haven’t just used the existing (and free) training that Amazon provides to do some testing of their own.
Whenever I’ve been involved with a training program, there are basically 3 types of people; people that succeed, people that don’t succeed, and people that act like they are succeeding. The 3rd group is probably the most dangerous because they act like they are a success story….these are usually the type of people that become moderators because they know the training material very well, but have never been able to implement it successfully. These are also the people that try to use this “notoriety” to launch their own products or training programs. I can give you a long and very specific example of this but I don’t want to bore you with the details.
CleanTAS 243 – How MindSet and Taking Action Helped Bobby Jacques Leave His Full Time Job When you start anything new in your life you’re going to feel nervous or scared. That’s OK. Nerves and fear are natural in any new endeavor but they aren’t the thing that determines success. What determines your success is your own mindset. 8/17/2016 Free View in iTunes
Thanks for your response, thats pretty much what I have been attempting, but no luck so far, the problem is finding the product that you can buy as a generic, and sell with or without your own branding. It seems like many many sellers are doing the same thing, at least sellin generic versions.
All the other modules focus on how to make an entire process much smoother and all the perks you want to know from the training rather than making mistakes on your own. And best of all the information you get is up to date since Amazon changes their rules every year. If you ever wanted to buy a course online on Amazon – just know that 6 months down the line many things will be no longer valid as rules on Amazon are constantly changing.
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The point being it’s very complex and it’s difficult to give a blanket answer about these issues. I don’t criticize the course for not covering it (it is, after all, a legal issue), but I hate that they brush it off like it’s nothing. It IS worth being aware of. But again, it’s more of an issue in some fields than others and at a certain level of revenues you need to protect your business with insurance and proper business structure.
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Some updates: Since the time when you posted the above comment we’ve http://markets.financialcontent.com/pennwell.powereng/news/read/35644596 numerous new modules to PAC about sourcing, private label, wholesale sourcing, China sourcing the RIGHT way, etc., we’ve added 30+ additional content creators, moderators and support staff from among our audience of successful Amazon sellers, and more importantly we are seeing countless success stories. I encourage everyone to simply do some research. The PAC clearly belongs in the conversation.
CleanTAS 329: The EXACT Steps to Buy and SELL FBA Businesses + Mistakes to Avoid with Justin Cooke Have you considered buying or selling an FBA business? Then you came to the right place! On this episode of The Amazing Seller, Scott sits down with Justin Cooke. Justin specializes in facilitating the sale of eCommerce businesses. 3/6/2017 Free View in iTunes
Regardless if you go with importation, you should get hooked up with Wealthy Affiliate. They’ll teach how to drive traffic to your products and give you another advantage in this competitive marketplace.
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…
I bought Josh Belangers FBA private label course last week. Really good course. All the details of running this kind of business is in there. And all the tricks too. And this course was $800 not $4k like ASM.
Minnie – thanks for writing. No doubt the days of just sending anything into Amazon and immediately reaping big windfalls of cash over. Now we all have to treat selling on Amazon as a ‘real business’ with the same inherent risks as any online business, BUT (unlike most other online businesses) the rewards can be high. Selling on Amazon still has far more positives than negatives, regardless of the type of sourcing done (Retail arbitrage, online arbitrage, wholesale, private label, liquidation, etc.)
Yes, the core Sourcing the RIGHT Products Wholesale to sell on Amazon course is all current material. The core course is 10 hours+ of step-by-step materials and I designed it so that people can start with the fundamentals and used the advanced materials as their business/skills grow.
1) Course is laid out as a step by step course. They drip feed the content, which i know some people hate (might be a negative for some), but i didn’t mind at all because i like to learn slow, and it forces you to work slow and do the tasks one at a time.
CleanTAS 277 : Ask Scott Session #84 – Your Business and Marketing Questions If you’ve got question or curiosities banging around in your head about selling products online, Amazon private label, online marketing or business, then you have hit the jackpot! This episode of the Amazing Seller podcast is aimed at answering questi 11/4/2016 Free View in iTunes