@Lost Leader – there is also a live event for ASM. The most recent one was last week and over 1000 members attended. I have to say it was awesome – many of the speakers were great and I finally got to meet a lot of people in person and discuss various strategies face to face.
I bought Proven Amazon course which I might add is an awesome course if you are interested in buying low and selling high. For the price at the time in 2012 was great for me starting with FBA, I havent visited PAC in a while but based on the emails they have made some improvements, so it my be worth checking out. Their forum is pretty cool, but like any forum conflicting information will always happen.
CleanTAS 476: (HOT SEAT) MY Product Doesn’t Meet Criteria of 10x10x1 – What Should I Do? So many TAS followers love the chance to get Scott and Chris’ take on some of the issues and challenges they are running into as they build their ecommerce business. This is your chance to learn as the guys jump into another Hot Seat session. 2/12/2018 Free View in iTunes
not any specific examples I can link to. Just people answering questions that shouldn’t be answering questions– sounding like they’re the authority when they’re giving out false information (not intentionally, I’m sure)
They didn’t invent the model and they certainly don’t know everything, but they systemized the training so that anyone with half a brain can follow along. There’s a lot that people will still have to figure out for themselves though, so not everyone will be successful…unless they have the drive and financial resources to keep trying if their first product doesn’t succeed.
You have to look at it like this. If you could shorten the learning curve, and make even $10k per month with this system, then wouldn’t it be worth $4k to purchase? I would say absolutely, but that is just me.
I’m a little dubious about all this. I know the argument will be “Hey, plenty of money for everyone!”, but I kinda have a hard time believing that someone with $2M in revenue on amazon, making 60% profit margins (per their video), for a net profit of $1.2M would be selling a product to the masses about doing what they are doing. Why would you? Wouldn’t you just quietly add to your empire and then when the whole thing is about to blow (from competition), THEN launch this ASM product.
And breaking amazon rules can even mean not doing something bad. For instance, not submitting data feeds to your sandbox account. Ask me how I know. Account cancelled for months, inventory sitting in the warehouse. You have to be able to deal with the unexpected whenever you’re in an inventory based business/
The more I read about other people’s experience, the more I think that selling other people’s products on FBA is just hustling for dollars. You can still make good money, but I wouldn’t spend my time making a few bucks at the sacrifice of what could be long-term potential. I would use it to pad your income and get some experience (if you’re new), but beside that it’s a little dicey. I still sell about 10-20 items that are other people’s products, but I see what I do and figure that it could easily happen to me. And then I read the people who this happens to (who rely on the income full-time) and think that they are doomed in the long-run.
I will continue to remain silent about my competition on these forums out of respect, but make no mistake – I and thousands of others clearly see the PAC as the BEST Amazon training course on the planet. Do your research.
I have to say I agree with bayking here. I’ve seen your blog and have watched a lot of your videos. I respect you for what you’ve accomplished with your Amazon business model and how you’ve transitioned that into becoming somewhat of an authority figure on the subject – you’re a good marketer in that respect.
Basically all I have done up to http://duniaga.com/news/amazing-selling-machine-course-evergreen-launch-2018-start-an-ecommerce-business/0045744/ point is the initial research, sourcing the products and getting them listed on Amazon and in my FBA inventory. I have not had the time to do any of the promotional work. My second product just went live yesterday so up to now, I have only listed one product.
I’m not going to google and cite the many, MANY, lawsuits that happen in the fashion industry because it is an intellectual property minefield and there are so many issues involved that it is difficult to give someone a blanket answer. Fashion also falls under copyright law (in many instances) and in some instances an actual design can receive trademark protection (such as Burberry’s plaid).
CleanTAS 461: (No DEAL on Shark Tank) The Journey to Becoming a Successful Ecommerce Business Multiple Times What is it like to appear on Shark Tank? What lessons from that experience can leaders like you come away with? Is it a good idea to expect an immediate return on your investment when you are building up a brand from scratch? 1/8/2018 Free View in iTunes
With the core ASM curriculum PLUS our bonus package, you will have everything you need to be successful. Join our group of successful Amazon sellers when you invest in ASM through one of our partners!
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.
No one but my team can make the claims that we can. We’ve been teaching serious entrepreneurs how to succeed selling physical products online for well over a decade with an impeccable reputation – and there’s no “upsell” – buy our course once for a few hundred bucks and you are “in for life”.
The easiest way to start, though, is regular purchasing just to get a feel for what is involved. I don’t think it makes sense for someone who has never done it to invest in private label products off the bat. IMO, you need a little experience working with the system and dealing with the kinks, possibly getting UPC exemptions or special category approval and that can take time.