The profit margin on each product at Walmart (AKA how much they make on each product sold) varies wildly from product to product. Sometimes, they make almost no money if they’re trying to undercut their competitor’s prices. Other products will make up for that profit. To keep these calculated margins steady, the process is buy, send to stores, sell, repeat.
Brian has been selling physical products online for over 10 years, including eBay for seven years, and Amazon for three years. In 2015, he began consulting for brands with high revenues and now specializes in Amazon’s Pay Per Click advertising platform. He is co-founder of PPCScope and the Sponsored Products Academy training course
I am wondering what the real business model is behind ASM. I’ve been bombarded with ASM promotion mails recently (maybe because I’m a very modest FBA seller). One of those pluggers was bragging that he had 100+ subscribers to his last group.(prerequisite:you have to subscribe to ASM first). And after some searching it appeared that he got “a couple of $” for every subscription. After a bit more searching, it appeared that these “couple of $” were actually 50%. So at $4000 for the course, that makes $2000 a pop and $200.000 for his first batch of subscribers.
I refunded from ASM this weekend, content was horrible, 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
Agree…if you are hell-bent on finding this information for yourself. The information is out there for those that want to find it themselves. Time is money so if you don’t want to look up this info for yourself, you need to pay someone to give you the info all in one place, ie. ASM + private community. (Remember when you had to actually get up to turn the channel on a TV set? Remote controls made this a thing of the past but you had to pay extra for it.)
ZERO TO 100K PER MONTH WITH ADWORDS – the system was originally created by one of our customers, James Watson, and with his permission, Jason interviewed him, extracted all his knowledge about the system, and then described the entire system to you so you can implement it yourself.
Kevin is another entrepreneur with a hunger for profit. His work experience is as varied as it is impressive. He is/has been Founder/President of Trade Days Processing, Chief Ideas Officer for KSR Consulting, President of KevCo LLC, and of course Host of Private Label Podcast!
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.
Module 1: You will learn about how to select your products to make sure that you guarantee success with your very first product. Product selection is the most arduous task. With the knowledge provided by ASM, the process is much more effective but it still involves a lot of work. However, if you follow the system closely, the products you select will be profitable.
You know the search terms that your buyers use when you get them in via Pay Per Click (PPC), but what about the organic sales, what search terms are those buyers using? Imagine the benefit that would be to your efforts if you knew what search there those buyers were using!
If you state that the percentage is only 10% of those taking the course will succeed then why do they (ASM) refuse to give me an answer to that very same question. I am happy things worked out for you, but I have a hard time risking that kind of money not including product costs and fees on such a slim chance. Would you place your children in a school where only 10% graduated?
Thanks, Yohan, for your input and yes, you are of course right. I don’t really have a problem with that though because all marketers are doing that sort of research the whole time if they have the know-how …aren’t we?!! I don’t begrudge them that because I do trust that they are basically ‘ethical’ guys and whatever they are learning I think will mostly be funnelled back into the strategies that they will be sharing with us.
I was an experienced FBA seller with sales of about $10k per month (including some private label items) and I can tell you there was incremental knowledge I picked up in ASM that has brought my business to the next level.
Scott is truly one of the absolute best in the biz and always does a phenomenal job of bringing out the very best in his guests,Highly recommend listening and subscribing to The Amazing Seller Podcast if you want the knowledge AND mindsets to grow your online business, boost sales and build a passive income stream that’ll inch you closer towards financial freedom!
The strategies you have told and the training you have provided is really awesome. And if any person follow it correctly and if do the smart work according to your training then he can achieve all the… heights he wants in life. I am really thankful for the course you have provided. If somebody is not getting the success then he or she should think that he or she is somewhere less in efforts there is no other reason at all. See More
We all know the price of the course is expensive, and the content isnt 100% perfect, like most courses. However one thing I have learnt from PAC and ASM is the community this is gold and worth the price if you ask me.
My post on different courses isn’t really meant for someone at your level. If you don’t mind spending some money to pick up just a couple of golden nuggets here and there, private message me and I can recommend a couple of worthwhile course options not on that list that might suit your needs better.
I didn’t buy Amazon Selling Machine but it seems the Amazon Selling machine product is more about removing yourself as much as you can from the process such as focusing on the “Advanced” FBA concepts of using suppliers that ship/label for you and send to the Amazon FBA warehouse.
CleanTAS 205 : Ask Scott Session #60 – Your Amazon FBA Questions Many people ask why Scott’s invested so much time and energy into putting out this podcast and doing his free workshops. Is it to sell his course? No, it’s not. Scott recently ran into a woman who reminded him why he’s doing all the work he is for 5/20/2016 Free View in iTunes
Those library books quickly grew into a couple thousand dollars profit per month, which I reinvested and reinvested until I started branching out into other products (NONE of which was wholesale). In 2013 my sales were $136K (see the below link) (VERY part-time (just me and my wife)) with a net pre-tax profit margin was around 55% to 65% of that:
But let’s say you’re hoping to buy bigger lots of wholesale items and really want to see what’s available through offshore countries like China. Skip McGrath offers an in-depth 350-page printed training manual called The Complete Amazon Marketing System for $127. He also throws in a bunch of free bonuses like a 30-minute coaching call and lifetime membership to his wholesale sourcing website.
As I stated earlier, I am pac man machine amazon member currently doing about 50K in revenue a month using the tactics taught in ASM, completely replaced the job I quit last march doing cable tv installations. Its totally doable for almost anyone, the only thing you need is a little capital to get the ball rolling of course, thats the nature of selling your own products on amazon (drop-shipping sucks!)
in fact that would be incorrect, you would have one for your listing, next review page, then each review posted CAN all be ranked in a search engine, so there are other pages one can rank off our listing (but that is for another conversion within ASM). If you dont think so. Copy any review and paste it in google with quotes and I am sure the review will show up in google, unless it is not index yet.