After taking into account products costs, shipping, Amazon commission, FBA fee’s, ad costs, logo design, label design, domain and hosting fee’s, legal fee’s etc you are doing well if you can make $10 net profit per sale
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.
I have recently bought in retail stores some high quality products made in Italy and Germany at prices at least as low as lesser quality similar products made in China. Eastern European countries are good places to source certain products, and buyers should consider other places such as Turkey and Brazil.
As a former Amazonian who headed up Seller Central, Brad has intimate knowledge of the inner workings of Amazon and the Seller Central platform. His company ProductLabs.net offers innovative software that allows sellers to extract demographic information from Amazon customers
There are 14 lessons that take you a half of hour to complete. All of them go through the basics, and explain why Amazon brings the best opportunity to start business today. You also learn about ASM website forum, and Facebook community.
This ASM module consists of 14 lessons, and goes into some of the supporting items you’ll need set up for your business, such as a Brand Facebook Page, a brand website, Youtube, Twitter, Pinterest pages etc.
Like you if I had any advice for someone starting a business online, it would be to start an affiliate marketing business. The start up costs are almost negligible and if you work hard the income will come.
Some updates: Since the time when you posted the above comment we’ve added numerous new modules to PAC about sourcing, private label, wholesale sourcing, China sourcing the RIGHT way, etc., we’ve added 30+ additional content creators, moderators and support staff from among our audience of successful Amazon sellers, and more importantly we are seeing countless success stories. I encourage everyone to simply do some research. The PAC clearly belongs in the conversation.
FB groups suck in general…why in the world would someone start a FB group instead of a forum anyway? There is 0 organization on the group, and so people keep asking the same questions over and over again.
CleanTAS 216 : Why Amazon Suppressed My Listing and Didn’t Know (Check Your Listing) Have you ever had a time where you saw your Amazon private label product sales drop for a day, or two, or more? What have you done to check on that once you notice it? If you’re not checking on it, you could be missing out on sales because your listin 6/15/2016 Free View in iTunes
Thank Jim, I did see that and read everything about it before hand. Amazon had pointed out in an email as long as the product being offered, marketed or links within the email can only be from Amazon.com -.co or other Amazon places.
CleanTAS 260 – 3 Things Millionaires and Billionaires Taught me about Choosing Good Products and Retail vs Online Sales One of the things Scott enjoys is learning from the successes of others. One of the ways he’s able to do that more effectively is to pass along what he’s learned by teaching you about it. Lately, he’s been learning quite a bit concerning retail VS o 9/26/2016 Free View in iTunes
2. You are speaking from a personal point of view. I am sure there are tens of thousands of people that buy most of their products from Amazon, but there are also millions that do not. The smart buyer would research the item they want on more than one site.
ASM 373 – Tractors & Power Units – 3.00 credits: Theory and principles of operation, use, maintenance, repair, and selection of tractors and power systems. Includes engines, transmissions, fuel, lubrication, hydraulics, traction, and electrical systems. 3 lectures. Prereq: MATH 103 or 104.
The Facebook group I’ve just about abandoned. There is a lot of good information there, but there is a lot of really bad and blatantly false information on there too. The problem I have with the group are the individuals that act like experts in private labeling on Amazon, and give our bad/false information, just because they don’t really know what they’re talking about, but people listen to them regardless and it’s just all around bad.
I have been listening to Scott Voelker’s The Amazing Seller Podcast for about two years, and continue to find it helpful and inspiring. Scott’s enthusiasm is a bonus that can hype you up on top of the fact that he has a real talent for breaking things down into simple (and actionable) bites of information http://buzzonlinedaily.com/news/amazing-selling-machine-course-evergreen-launch-2018-start-an-ecommerce-business/0045744/ you can use. When he says that he is rooting for you and encourages you to take ation, I 100% believe that he is genuine, and having met him face-to-face at one of his meetups, I can tell you that he is the same encouraging, enthusiastic, and helpful guy in person as he is on the podcast.
I’ve just had a quick read of the pdfs that were posted here earlier which provide a pretty good overview of the system. My impression is that it all revolves around white-labelling your own product and then selling lots of them via Amazon. This can work well for products with a high demand and where you’re able to white label them. By white labelling the product they believe you’re able to achieve higher profit margins.
CleanTAS 235 : Ask Scott Session #70 – Your Amazon FBA Questions When it comes to researching and launching a private label product on Amazon there are many hoops to jump through – and the Amazon terms of service change often. How do you know that what you’re doing is the right thing to do? 7/29/2016 Free View in iTunes
Scott and the group are outstanding. They do an excellent job at keeping everyone updated with current information. Scott lets you know about any changes as soon as they come out. Currently Best Sourc…e Available! See More