5) That leaves a small percentage that actually do get results. But not 100k per month results. Maybe 1k per month, or even 2k. They will be happy with that and not want to work anymore to get the higher amounts.
It’d be hard to do that without giving anything away, but I’d say you benefit from collective knowledge. Someone comes up with an interesting idea, then others build on it. These ideas get tested by multiple people and you end up with pretty good evidence of what works and what doesn’t.
I agree with your analysis. I ran the numbers on what they were telling us to do and came up with 20,000 Amazon products at most to make the first two criteria cuts. Then there are several other important factors which will knock that 20,000 down again. Now add a course with possibly 2,000 highly motivated people (having spent $3497) who are all looking for the ONE big money product, and how many of the 2000 will come up with one? Sure, out of 2000 starters, a few will land a big one, “proving” the course. But I doubt that even 20 will land a big one, and that’s less than 1%. A post above mentioned that some beta testers did very well. I’ve not seen one single mention about the percentage of people in the beta test who even made back their investment. If it were my course, I would be recognizing the success of those who performed well. Sometimes the lack of evidence is evidence itself.
Q: Panorama – You said that there is lots of value in the forums. Do you know if we (as new users in ASM3) gain access to old forum posts (from ASM 1 & 2) once those modules open up? Or are we in our own little forum universe with just our group of ASM3 peeps? (regarding post #657)
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.
Probably the most obvious thing is the price, the Amazing Selling Machine training is NOT cheap. BUT – http://markets.financialcontent.com/concordmonitor/news/read/35644596 you consider that something like lawschool or medical school can cost you hundreds of thousands of dollars and take you 8 years to complete…the price tag and 8 weeks of training doesn’t seem that bad anymore.
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? You’ll hear all about these topics and more on this special episode of The Amazing Seller! On this episode, Scott welcom ……
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.
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 everyone else who got in the program, I watch each and every training video that was released. The most frustrating part of this business is how long it takes for your actual product to arrive at Amazon. For me personally, it took about 10 weeks to get my product sourced, designed, labeled and shipped to Amazon.
I did try to learn the info in it but it was so bland that not knowing about how to brand products or anything it did not make sense to me at all.I learned more about branding and how to brand a product watching Matt & Jason’s google hangout yesterday for 2 hours then I did watching all the videos in The Proven Amazon System.
I have started researching Amazon FBA/PL about 3 months ago. Initially a friend sent me a youtube video about making money on Amazon and other platforms. That took me to other videos on the subject, found the Jungle Stix case study by Jungle Scout, watched the whole series (one episode had Scott as a guest speaker) and started looking for a PL product to source and sell on Amazon. Found a product, contacted manufactureres in China and got some pricing, but felt unsure and not ready to take the next step. Almost gave up and then another friend that just started selling his first PL mentioned Scott’s podcast. Started liseting and got hooked from the first day. For me it was a perfect combination of great information and motivation to take action, which I did. Now we are in the process of having our first order manufactured and should be getting it to Amazon sometime next month. There is a lot of great info available from other sources, but for me the Amazing Seller Podcast has it all in one place. It also gives me the needed boost of energy and motivation to keep pushing through all the obstacles that come with this journey.I see some reviewers bash Scott for trying to monetize by using affiliate marketing, and I had disagree with them. There is nothing wrong with trying to make some money while providing a great service and helping tons of people. Scott is a great Enetrpreneur and he’s trying to help his audience become good Enterpreneurs as well. He is always open about any affiliations and offers other ways you could achieve the same task without having to rely on a paid affiliate tool. Do people really expect everything for free?! Look at the amount of info you are getting without having to pay a penny. All the effort and time that Scott puts into it on the back end, he should get somethign back in return. Just like all of his podcasts and lessons, use this as another tip on how you can make money if you have a skillset that people can benefit from.
I refunded from ASM this weekend, content was thin, I had a number of concerns about the course that I won’t go into but I feel very glad that I refunded, I’m still going 100% on the business model but won’t be paying $3497 for a course which does not even cover all the main points in detail
Also, for what it’s worth, I know your product and I’ve seen some of your posts, so I’m not surprised your doing well…you seem to type of person that naturally knows how to navigate through the challenges pretty well.
Now the part that everyone loves to hear and why everyone is so drawn to it is the 1000’s of success stories. With people ranging in earnings from tens of thousands to hundred thousand or some even up to a million dollars a month. Yep you read that right $100,000’s of dollars a month!! I have had some of my own success but not quite in the hundreds of thousands…yet!
ASM used to suggest selecting products with incredibly high sales volumes and you could relatively easily get good Amazon rankings and crazy sales volumes for these products. These type of products now are too competitive to sell.
CleanTAS 473: NEW Product Discovery 24 Hour Challenge (3 Action Steps) Do you ever find yourself in a lull wishing an opportunity would come by jumpstart something in your life to get you working toward your goals? On this episode of The Amazing Seller, Scott shares a helpful challenge he’s put together to help sellers l 2/5/2018 Free View in iTunes
It appears that Amazing Selling Machine has reopened the doors for ASM8 for the entire month of January 2018. They seem to be testing the waters on whether or not to keep the program open year round instead of doing a launch every 6 months or so.
Your product arrives at Amazon’s warehouse, and your item is for sale under the official brand sales page on Amazon. This is important – you are an independent seller, but you get to harness the power of the official brand page’s advertising and traffic.
The BIG-IP Application Security Manager course provides participants with the expertise needed to detect, mitigate, and prevent HTTP-based attacks on web applications. The four-day lab intensive course starts at the simplest level for quickly configuring and implementing an application security policy and progresses through more complex configurations. This course is intended for security and network administrators who will be responsible for the installation, deployment, tuning, and day-to-day maintenance of the Application Security Manager.
In my opining, the best, most realistically priced training program to sell private label products on Amazon is Skip’s Complete Amazon Marketing System. He will show you how to get the job done for a tiny fraction of the price that the Amazing Selling Machine charges.
That’s the thing about the importing as well that most people don’t realize. To make importing feasible, you have to import a full container. Do you know how many units of something it would take to fill an entire container when the weight is 16 ounces? Do you know what the total cost of that container would be? Now, you could balance it out with a heavier item; one that would fill up 3/4 of the container and then fill in the 1/4 with the smaller items. But either way, you’re talking about a $40-50K investment in that case.
In addition, if you balk at the price, you’re probably in the wrong game. With a price tag of about $5,000, Amazing Selling Machine may be the most expensive business training that you ever purchase. You’ll also have startup costs of about $2500 to get your product made, a label designed, etc. If a $5,000 business investment scares you, then stay out. Personally, I’ve never seen a $5,000 business produce such incredible results in such a short amount of time, and I’ve been in a lot of business (heck, the restaurant I owned cost me $225,000 and I’m yet to make a dime from it… and my college degree cost me $80,000 and I don’t even know where it is).
But personally, I have never seen a business with as much staying power that is so simple as the businesses that I built within Amazing Selling Machine. I am so excited by it that it keeps me up at night.
I knew I was in the wrong place with Amazon Associates as it just seems to be too much time and effort for little reward for me, but FBA was out of my comfort zone so I never jumped in eventhough I bought what is now ASM6 3 years ago! I need to speak with you privately about how you did this! Can you send me a PM please?
The other type is “FBA” or “Fulfillment by Amazon” which means that Amazon lists your product, and when orders comes in, Amazon will ship it for you, provide customer support & even handle refunds for you. This makes it possible for you to run an efficient on-line business that you can run almost semi-automatically for a small amount of fee (FBA Fees).
People, is there anything to think about positive sides of ASM? I came to an conclusion before the end of all videos. Who has got cleveness he/she/it will understand phenomenon of ASM faster than in a… second. If you know velocity of electric impulse in nerve is at mamals around 100m/s. Well velocity of thinking has got a light speed. Be faster than light speed. Make decision before you think about it. Only thing you need to clear are questions and ability to pay for course. See More
CleanTAS 359: (Hot Seat) Should I Continue Selling MY Product or BAIL? + Branding and Mindset Stuff There is a lot of great advantages to be had when you get the chance to hear how industry insiders would approach a brand or product listing like yours. That’s the thinking behind these Hot Seat Sessions. On this episode of The Amazing Seller, 5/15/2017 Free View in iTunes
If I take myself as a case, to answer your question, it took me til around week 10 or so (if I remember back correctly) working approximately 2-3 hours a day on my first product (I was, at that time, running a management consultancy full time).
Take a few minutes to meet Brian, one of my past Tribe members, who took his business from $0 to $30,000 a month in just three months, and then onto as much as $700,000 per month in th