So, let’s assume a 40% margin. $300k in profit means $750,000 per month in gross sales ($9M/year). That’s $25,000 per day. With those kind of numbers, I also doubt he’s selling something for $9.99, so if you assume it’s in the $25 – $40 range, that means he’s selling 625 – 1,000 units per day.
What I meant was to be successful quickly you need that kind of cash. You could probably get started with around $200-$300 and still make it work but it would just take you much longer because you would have to wait until the product sells, reinvest and keep doing that over and over until you had enough capital to carry a larger inventory that would make serious profits. But you would eventually get there. It would just take some time and patience.
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 like you find that spark to get things moving. Use this opportunity to put away any lingering ex ……
That was certainly the case with Amazing Selling Machine 8, and now I’m happy to give you MY review based on my own experience. I’ve gone through the video training, I’ve gone through the PDF’s and Members area, and I think you’ll get a lot out of my review.
Depending upon your previous experience selling on Amazon he endorses essentially 3 to 4 products. The one Malik likes best is “Proven Amazon Course” by Jim Cockrum which he considers easily worth $10,000 with all its info. You also get lifetime access to “Selling on Amazon Mentorship Series” as a free bonus. If you are a complete newbie, according to Malik, you will also need Andy Dew’s “Dewable course” currently at $99. I have just bought Jim’s course for $97 with lifetime access and updates. I think that was a savvy decision which just saved me approx. $3900!
So I must say I am a little confused as to why you think drop shipping is not a business Josh? I sell items just like everyone and have them shipped for me. That’s it? Profit margin is anywhere from 10 to 30%.
CleanTAS 400: 9 Takeaways of What it Takes to Be Successful (Lessons Learned from 400 Episodes + Listener Contest) Can you believe it? 400 episodes!!! What an amazing journey so far with Scott and the awesome TAS crew. To celebrate such a special and important milestone, Scott has a very fun and unique episode in store. On this http://dailyworldweb.com/news/amazing-selling-machine-course-evergreen-launch-2018-start-an-ecommerce-business/0045744/ of The Amazing Seller, 8/18/2017 Free View in iTunes
So if you want to overpay for ASM, go right ahead, if you want to get real training from a REAL Power Seller from both Amazon and eBay, I’d go with Skip first and see if it’s right for you. For a $3,850 difference, it seems worth it to me.
If you’re about to launch your first Amazon product, have just launched or are scaling up to a 6-figure business, then Amazing FBA is for you. We have interviews & resources to help any UK Amazon Seller.
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
CleanTAS 370: Ask Scott Session #114 Product Approval – Open Brand vs Full Brand – Mixing Platforms – Product Selection Checklist Are you ready for another round of Ask Scott? As usual, Scott is fired up and ready to deliver another awesome episode! In an effort to provide even more value to the wonderful TAS community Scott likes to start these episodes with a thought of the wee. 6/9/2017 Free View in iTunes
As I stated earlier, I am a 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!)
Between the sessions at the Amazon Seller Summit, there were also some Interviews in which highly successful Amazon sellers told their stories, the challenges they had to face and overcome and their best advice on how to move forward.
CleanTAS 202 : Ask Scott Session #59 – Your Amazon FBA Questions It’s time to crank up the volume and get your own personal coaching for your Amazon FBA private label business. You’re going to hear real life questions from real life private label sellers who have hit a roadblock in their business. 5/13/2016 Free View in iTunes
Very few trainers spend time explaining every detail of a course. I have had the chance to do just one course (Oracle DBA) at DBA university, but will not hesitate one moment taking up another course. The trainer summarized his tremendous experience in the IT sector, and passed it on to the students, addressing every concept that matters with practical exercises! At the beginning it was not that easy, but thanks to the trainer for making it possible to enjoy an entirely new domain.