This is just further confirmation that a lot of what was/is taught in this course was not based on facts, just wishful thinking based on results the promoters had obtained for some “unique” products that don’t carry over into general categories
Yes, we get it. You have a different, cheaper course. Do you think Honda can get Porsche clients by telling them this – hey our car is more reliable and less expensive? While other courses may be good, they don’t have the support around it that this product has. It’s impressive how much value is being generated in order to gain this type of traction. If they weren’t helping others become successful, they would in turn not become successful.
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I have a slightly different take on the topic of “getting ranked” on amazon. While I value the skill set you are willing to teach, I’m hearing from numerous sources that Amazon (much like google) is doing everything it can to avoid the manipulation of search results by sellers…and they are getting aggressive about it.
When all this put together – to launch this business successfully you will need around $4,000 or more. So if you add the price of ASM program and initial capital needed you are looking at at least $8,000. It is a lot. The good thing that it’s legitimate business that will work, but it really requires an initial investment.
I’m part of a huge community of highly successful Amazon sellers (some with 7 figures quarterly) who NEVER spent more than a few hundred dollars at a time on their “online education” – and they are fully aware of the risks of putting all their eggs into a single Amazon account (google “amazon account suspension” sometime – it happens!)
No, I’m not in this course. I just wanted to hear your thoughts about this so I could make a judgment on whether I missed something or not. It seems like it’s possible to achieve some success even without this course.
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You have more experience than others with selling on the platforms. I think you would be shorting yourself short if you didn’t. You would be building a long term asset that you can control and maybe have whole sellers selling your product.
Exactly. It’s still about competition. If they found something that brings in the $, they don’t want others on the bandwagon! And after hundreds or thousands of “clients” out trying to duplicate the success, most will end up at the dead end and give up when the money runs out and disillusionment sets in.
To be honest, there’s really no harm in doing a test run. Many IMers today are not making any money that’s why it’s hard for them to launch a test on Amazon for a few hundred bucks. There’s really no way to know if this product works or not. If it does work, then fine, just another avenue to earn more online. If it does not work, then it’s just a few hundred bucks. Nothing to cry about. Like I said if you’re truly making money online this should not be an issue. Don’t knock off the product if you’ve not tried it out.
Go behind the often closed doors of the private label industry, where Kevin Rizer introduces you to the most successful private label brand owners, selling at least $50,000 per month on Amazon FBA among other channels
Access a massive audience of confident customers—in the U.S. alone, Amazon has over 150 million monthly unique visitors.¹ Benefit from a brand that ranks #1 in reputation as determined by a 2017 Nielsen Company survey.²
Save your money and do the homework yourself. You are going to have to put up some money to buy your own inventory, but one thing you should know is you make your PROFIT on the BUY side, NOT on the sell side. If you get a good enough price for good quality products, you will made money even if you have to liquidate stock.
Right now, the doors are open and will remain open until January 31st, at which point they will make their decision. If you are on the fence about joining, I would take this opportunity to get in just in case they do decide to close up until later in the year.
Actually that module came out BEORE ASM started selling version one (remember – we’ve been teaching creative ways to sell physical products online since 2002 – longer than ANYONE still in the mix). The guy that we did that course with is now doing nearly a million per month in high margin sales in unique Amazon niche markets (very few of them private label) – and yes, he’s still creating modules for our community…and all new modules continue to cost nothing for our community.
Well, not too long ago Amazon finally created the technology to create what are known as “one time” coupon codes. Only one problem with that – you had to create them and hand them out manually to each customer.
I doubt that ASM is having a huge impact on the competition anyways because private labeling is just something that anyone selling on Amazon would figure out. I think ASM probably appeals to people with no experience on Amazon and they think of it as some sort of “secret”. But if you’re doing even small volume on Amazon, this should be a logical next step.
This is not specific to Amazon, because I acquired my liability insurance for other reasons, prior to selling on Amazon. It’s great solely selling online with very few requirements, but when you want to get into other opportunities these things are required (for example, selling wholesale TO retailers) so it’s nothing that someone should be afraid of if they intend to build a sustainable and thriving business.
A part of the reason is the very reason you mention…. and the solution is in your comment. Forget bright shiny objects and focus on efforts… the answers you need can be found without spending a fortune if you spend the time.
Seems an interesting business IF you have a huge mailing list (which I don’t). But why would anyone bother to work with FBA, buying products, hassle with taxes etc. to make 10k/month if you can rake in a multitude of that by just plugging ASM?
Since I could not advertise any longer, I tried to resurrect my business using SEO in Google. Slowly I started to make money again. I began to relax. Then, all of a sudden, the “Big G” (Google) started the “Google Dance” again… and they pulled the rug out from under me by changing their algorithms again and again. As Google continued to improve their search engine, ranking high was harder than nailing pudding to a tree.
You can make thin margins and decent volume by cherry-picking the best amazon products to sell; if you do that, you’ll make decent money quickly. White-labeling a product is a long-term approach and it’s one that might not start to pay dividends until you’ve built up your product, but it pays off massively down the line. Once you get some volume, you can start tweaking the product design.
WOW, that’s very good info. I was about to pay those $4000. I will continue looking for more free info online to try to build what is amazon selling machine business and see how it goes. I’ve been studying a lot, seeing a lot of videos, etc. thanks for the comment.
Scott Voelker from The Amazing Seller podcast will be sharing Amazon FBA and eCommerce marketing strategies from his own experience, case studies and interviewing the experts. Discover how you can apply and use these techniques to create a business that will allow you to do what you love, weather it’s traveling more or spending time with your family. Scott has confessed that he’s not a millionaire, but he has been supporting his family by earning a six figure income per year, 100% online for the past 6 years and most recently adding his Amazon FBA business.. This show will discuss topics like product selection, private labeling, sourcing suppliers, promotions, marketing, list building , brand building, Amazon PPC, Facebook PPC and everything that works (and doesn’t work) to help you better understand how to build a successful business you can be proud of.
I am launching a second product as well and Amazon flagged it for review for being a possible restricted or hazardous product. Kind of funny as it is a basic cosmetic product. I guess something in the description flagged them and it is standard procedure. However, that put me almost 2 weeks behind.