I’m quite sure that creative gurus mix in high-priced, but low-margin sellers in order to pad their sales figures. That way, they can say “honestly” that they are doing $500K per year with a typical private label product netting them gross margins of 80%. That would lead you to believe that the entire profit on the $500K in sales would be $400K. Forget about the fact that the sales number that gets reported in these sales videos are BEFORE amazon fees, which would be up to 20-30% of the sales price.
You should not worry about the amount of money you can invest in the business as you can start with a small order and move up from there as you start making money. Plan for at least another $1,000 to $2,000 for product costs to start.
I’ll look at every aspect of your listing, from the title, to the description, to the images and more, and create a custom VIDEO for you listing out what I’d do to improve it if it were my own listing!
Thanks for your feedback and sharing your experience of working with the Amazing Selling Machine, affiliate marketing, and Skip McGrath’s programs. And one thing I always preach on this site is the importance of community support.
CleanTAS 346: Ask Scott Session #106 – Split Testing – Ungating – Enhanced Content + Random Stuff Are you fired up and ready to go for the weekend? No? Then make sure to catch this episode of The Amazing Seller and another installment of Ask Scott. On this episode, you’ll get important updates on TAS events and projects, Scott’s weekly message, 4/14/2017 Free View in iTunes
This is my opinion on the matter, take it as a pinch of salt if you must. To use services as you have mentioned prweb or monkey every month your fees would be in the between $3k – $5k for one year service. Also email service tool, video submission, link indexing will be additional cost. In total you could be looking at over $5k just to do this on your own, plus if you were to jump on a cheaper course option using the same PLing. If you dont believe me, check out the prices for services yourself i.e prweb or PR monkey, 1 press release a month for each product. Video submission tool, link booster/indexer, backlinker tool.
Unlike other events that focus on inspirational stories and high level BS, the Sellers Summit is a curriculum based conference where you will leave with practical and actionable strategies specifically for an ecommerce business.
Do you find yourself hitting a slump at the end of the week? Are you finding it stressful getting an ecommerce business off the ground? You aren’t alone! Let another session of Ask Scott give you the energy and motivation you need to keep pushing to reach your goals. On this episode of The Amazing Seller, you’ll hear Scott tackles questions fro ……
Update (Feb 2017): Proven Private Label 2.0 has just launched (As of 17 Oct 2017, please don’t buy PPL2.0 on it’s own as it’s now included in PAC). I have started going through the course and can say that it’s very similar to what I do. Most of my sales are in fact “Private Label the Easy Way” type products, including my first and oldest private label product which is currently ranked Top 1.9% in Beauty and another easy way SKU at Top 0.014855% in Industrial & Scientific! One note: All the “Proven” modules are initially launched as standalone courses. They can be purchased separately for those who want to get them at launch. However if they are related to selling on Amazon, they will be added to the Proven Amazon Course about 6 months after launch. This means that if you buy the Proven Amazon Course, you get continual updates at no additional cost – making PAC an incredible value, with course content that is constantly being improved and updated.
Jason & Matt, I’m truly impressed by your professional free content and the clarity of explanation. I’m not new to Amazon courses, but so far, this is THE BEST free video training have ever seen. Kee…p up the great work, and see you at the top! See http://www.ksla.com/story/37326182/news and scaling- This last module is all about scaling and outsourcing your business more. You will learn how to outsource the non-income activities so as to concentrate on profitable activities.
Amazon. Amazon has a tremendous amount of trust with online shoppers and millions of people go to Amazon every week to shop for products. It will be a lot easier to sell your product once its listed on Amazon than it is for you to sell it on your own.
I bought the Proven Amazon system and asked for a refund due to its info being to bland. Just tells you ideas doesn’t guide you though doing it, Im not new to amazon but I am new to trying to brand products.
Forbes rated this marketer as one of the top digital marketers to watch. He’s built a name for himself, all over the World – for being a Free Traffic Genius. Having helped thousands of students already create successful businesses with nothing but Free Traffic, he’s now come to help #LurnNation!
CleanTAS 424: Ask Scott Session #131 – Seasonal Product – When to Sell on Walmart – Avoiding Hijackers Are you running low on motivation and ideas to keep pushing your brand forward? You are in luck! It’s time for another session of Ask Scott here on The Amazing Seller Podcast! On this episode, you’ll hear from Scott as he shares his thought of the w 10/13/2017 Free View in iTunes
Most of what you have said is far from the truth. I have UK and USA FBA account, and only last week I had a problem with an inventory sending in, I requested FBA to call me back and within 5sec I was called back. So I do not know what department you are trying to contact. If you require help your FBA account I recommend speaking with someone on the phone where you can access in your back office of your FBA account.
I have 5 products I private label that I manufacture (not label an existing design but are made to my spec) therefore they truly really are exclusive (because of the nature of the design are copyright protected– registered). I pay $5 landed and sell for $20 on Amazon. They are consistent sellers and I will be back up after replenishing inventory.
Repeat this for the top 10 sellers for the product. If the top 3 aren’t selling at least 10 units per day, there’s not a lot of depth for that product and you may want to skip it. You want to compete for the 6th or 7th spot in the top 10. There needs to be enough room for you to compete AND make money.
Since the first ASM version released in 2012, there has been countless of successful members with amazing income reports and most of them credited ASM for bringing them their financial success. Seeing people achieving success gives me a lot of confidence to push through in times of difficulties.
You see, 99% of Amazon sellers source products through middlemen. Chances are if your products are being quoted to you in $ and not in ¥ you’re dealing with a middle person. Not only do you pay 3-8 times more per unit, but it takes you longer and you have fewer options.
I’ve built a good business that I’m damn proud of because of ASM. I’ve made some money doing Internet Marketing, but I could never really say I was proud of building affiliate sites. This is on top of the fact that my business has real enterprise value.
Lets look at this in a different angle, I am sure over 80% of WSO are either PLRs or course rewrites. But how do these same information sell so well. Well, the product owner either creates a different sales page, ebook cover or adds income proof.
Place your merchant order through the Amazon.com Shopping Cart and your purchase is protected by the A-to-z Safe Buying Guarantee. Amazon.com automatically transfers your payment to the merchant so you’ll never need to pay a merchant directly. Our A-to-z Safe Buying Guarantee covers both the delivery of your item and its condition upon receipt…Read more
ProvenAmazonCourse.com aka the “PAC” now includes the #1 “Private Label” training on the web (ProvenPrivateLabel.com)! We’ve been teaching “physical product” sales online since 2002 & we’ve accumulated over 1,000 success testimonials!
The Amazing Selling Machine program actually works and there are a lot of people who have done really well through it. Not only that, there are a lot of testimonies and positive review of Amazing Selling Machine course.
However, when you’ve looked into a number of programs like I have and you understand how to sell on Amazon and eBay, how to drop-ship and use Amazons Fulfillment Center, I think it becomes obvious that the education that the Amazing Selling Machine is charging for their program can be found for a much better price.
Big brands are always trying to compete with Amazon on price – if you’re a savvy shopper, you can see where the big brands are beating Amazon, and take advantage of that by selling to people who aren’t doing their homework. Get it?
I think Amazingdotcom is an incredible resource of knowledge for people like me, that …want’s to build online business and work with amazon! You guys are doing an excellent job and i’m very enthusiastic about sharing amazingdotcom to everyone that needs this kind of content and knowledge for their businesses 😀
So are there any steps one can take to research this before they go through the trouble of sourcing and labeling the product? I know you check patents through USPTO, but it’s not very user friendly, and I’m not sure if you can find design patents. Just curious if there was another way to be prepared? Can an IP lawyer check a product out for you for a reasonable fee?
You don’t have to do it alone! Let me and the coaches at Amazon Selling Machine – ASM teach you from their own success and mistakes. We are high volume sellers who have traversed all fields of the dynamic amazon marketplace. We eat, sleep, and breathe Amazon sales. Now is your chance to take our collective experiences and use it to grow your own Amazon Kingdom.
The Amazon FBA has been around for a while now. If I was looking to purchase this knowledge, I would go with Jim Cockrum’s Proven Amazon Course. If you are on his list, you will remember the special he had at Christmas for $99. He will likely still honor it if you ask. There is absolutely no need to pay $1000 or more for such knowledge.