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There are various difficulties and mistakes to conquer and it is most likely to take at least 60-90 days prior to you begin seeing sales in your account. This is not a “make loan overnight” kind of business. You will need to choose which product to opt to start your http://tech.suratkhabar.com/news/amazing-selling-machine-course-evergreen-launch-2018-start-an-ecommerce-business/0045744/ business. Then comes sourcing. Most suppliers discover products in China. This is relatively included and gets take a while to arrange.
I feel it important to note that even as we edged toward $300/day, almost all of that got reinvested into inventory when we started. When you’re growing fast (and this stuff really does pick up FAST), you have to be diligent to keep up with demand, especially if you only order 100 units to start, like we did.
Not to sound too condescending, but I’m not sure why you posted those screenshots. Was it meant to impress somebody reading this thread? Because if that was the purpose, I would probably edit your post to remove them.
What drives the point home about how (IMO unreasonably) high a price point ASM is, is the fact that if you get others to sign under your affiliate, you get to pocket $2K. So sure, you can make up that initial $4K outlay if you get others to sign up, but for me, I’d have to be *really* on board with ASM in order to, in good conscience, personally pitch it like it is advertised.
While you may think this is just “splitting hairs”, describing your profit margin as before the cost of your product is flat out wrong. Im not saying you aren’t profitable, but Profit Margin is NOT just Sales minus Amazon Fees. Either you weren’t only talking about Amazon Fees or you don’t know how to define Profit Margin.
Personally, for those that want to import and create their own product to sell on Amazon, I’d go with Skip McGrath’s book called The Complete Amazon Marketing System. It cost $147 dollars and comes from a power seller.
I have a local business that pays my bills and I have to dedicate most of my time to that. I am doing this in my spare time. I also have two kids and volunteer at my church and those 3 things are my priority, although not in that order of course (Family and church comes first).
Since you purchased ASM a few years ago, I’m sure you’ve already got a network. If not, I’ve heard good things about a couple of high-level paid Masterminds as well. I’m not a member of any myself though, so they would just be second-hand recommendations.
I will just be starting on the program, so I will post results within few months. Super excited about this opportunity. I like WA a lot and already have some good progress with it, but ASM is another opportunity that allows you to have your own products and be a direct seller.
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