The more I read about other people’s experience, the more I think that selling other people’s products on FBA is just hustling for dollars. You can still make good money, but I wouldn’t spend my time making a few bucks at the sacrifice of what could be long-term potential. I would use it to pad your income and get some experience (if you’re new), but beside that it’s a little dicey. I still sell about 10-20 items that are other people’s products, but I see what I do and figure that it could easily happen to me. And then I read the people who this happens to (who rely on the income full-time) and think that they are doomed in the long-run.
Scott Voelker got into e-commerce by teaching online photography. He realized he could sell his own informational products online full time and earn a livable income. He built a successful business and brand, New Portrait Biz, in 2008. In 2014 he heard about Amazon FBA sellers and how profitable it could be and decided to take a crack at it. If you’d like to hear more about Scott listen to his first podcasts where he gives a full introduction here.
I hardly ever leave podcast reviews, mostly because the one I hear aren’t all that good, but I just had to show my support to Scott in hopes he’ll continue with the podcast and sharing valuable information that sellers from a beginner to advanced level can appreciate. You won’t be dissapointed by his tidbits of knowledge and resources shared in each podcast. Looking forward to listening in the future!
If you are an existing shop owner, you will learn proven techniques to take your business to the next level whether it be through learning advanced Amazon selling tactics, SEO, social media, PPC advertising, copywriting, email marketing, you name it.
CleanTAS 473: NEW Product Discovery 24 Hour Challenge (3 Action Steps) 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 l 2/5/2018 Free View in iTunes
You can ask directly the wholesale supplier if they can put your own brand or “Private Label” on the product. That’s what I did when I asked one and they said yes depending on the quantity I will order.
Anyone who is willing to take the time to learn the process can earn a full time income with Amazon using the concepts taught in various books and training programs that have been mentioned throughout this post.
I run this coaching group this because I want every single person in the group to get their business up and profitable in as short amount of time as possible, and for them to do it RIGHT. My secret plan to rule the world (the real reason why I do this) is explained below…
… (PAC) teaches about arbitrage (buying generic brands at low costs and selling for a higher price) this does require visiting shops, charity shops, car boot sales etc, box them up add the labels on and ship to Amazon. …you can not automate the PAC business or hire scouters for your business as you run the risk of losing your worker.
CleanTAS 410: 7 Tips To Help SELL More Units using Professional Product Packaging and Branding (Example Case Study) What does it take to make your brand stand out among the rest? How can you best position your brand so that it can reach the level of success you have always wanted? On this episode of The Amazing Seller, you’ll hear Scott go over his seven tips that 9/11/2017 Free View in iTunes
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The training seemed more along the lines of Ebay sellers now selling on Amazon FBA instead. Overall the course seems like good information but was looking for the info about automating the supply process and never having to box/ship my own stuff.
I’ve built a lot of businesses in my day – I’ve had review sites that made $20,000 per month. I’ve done launches and made $250,000 in a week. I’ve built sales funnels, done consulting, I own a restaurant, and I invest in real estate…
About a year ago, I discovered that I’m way more successful when I partner with implementers. I’m a marketer, an ideas guy, and a fast starter. I’m not so good at the implementation side (for example, if it weren’t for my partner, I never would have bothered figuring out how to even set up my Amazon account).
CleanTAS 350: The 7 Secrets and Strategies for Selling Products (#4 is powerful and Overlooked) Do you find yourself constantly looking for the next great hack or tip to try out for your business? What makes you do that? Do you have a fear of missing out on insights that others might have? Stop stressing about finding the best hack or tip! 4/24/2017 Free View in iTunes
PAC gives you a lot of content regarding different Amazon business models, so it’s great value from that perspective, but you should know what model you want to follow before you start going through it, otherwise you’ll just become overwhelmed.
It’s amazing what happens when you put 5000+ ASM Masters together who all work and help each other and all have access to bonuses created specifically just for them. Join us by signing up on this page today!
But to answer your question, way to pick the most ridiculous example possible and paint the entire process with a broad brush. Maybe you can’t sell TVs as private label, but just go ahead an pick the other 99% of things on Amazon and do it private label. Just because something is a “brand”, doesn’t mean it’s a “brand name” to the general public. There are tons of products that are sold through big boxes, but nobody associates “Product x” with their name.
This is obviously really bothering Jordan that people keep poking holes in his story. I’m assuming he doesn’t like getting called to the carpet and questioned; after all, his company is Honest Online Selling.
You’re right about that, Jason. It doesn’t matter what the ASM owners profit margin IS – or WAS 6 months ago. For the owners of ASM and their (greedy) affiliates, the profit margins are 1000%+ by selling this system to others – that is where the REAL MONEY is.
I should also note, the very beginning of my PL and AMZ journey started after a conversation with a friend last Easter.,.. so 6 months later I’m up and running! I made some mistakes along the way, but overall I am making money (not a ton, but good for side cash.. hope to be ramping up my business soon )