Once your business gets to a certain point, you should have liability insurance just because. Importing from China means fewer insurers will cover you, and at a higher cost, but it is affordable, and there are specialized insurers for niches that commonly import, to help prevent overpaying for a policy. It’s great selling online without some of the traditional business risks, but you can’t escape everything all the time and sometimes you just have to suck it up and protect yourself and your business. In my personal experience without the importing the liability policy can be acquired for around $500, with the importing, around $1500-3000 (or more, depending, and that’s for a low risk category).
Amazon, for me, is as profitable as ever. I put in 2 years doing merchant fulfilled and now am about 14 months into FBA and sales are through the roof. I have an extremely high quality product with over 700 reviews on Amazon and it allows me to basically charge a premium on my product that other people can’t. During our busier months this year, I raised the price of the product private label course almost 35% above competitors and the sales were still coming in fast and furious. I had my biggest day of my career hitting over $11K in sales in a single day.
This is what I experience after reviewing hundreds of products to import, brand, and sell on Amazon. I had some success and when you have a great product, importing and selling on Amazon can work like a charm, but the risk of not selling products is real.
F5 offers traditional classroom learning, live online training, and free, self-paced online courses to help you get the most from your F5 investment. Improve yourself. Improve your team. Improve your applications.
Ex. instead of branding Momma J’s Kitchen spoons and spending money on whitelabeling and ordering bulk, I order a small order of the general brand and sell and ship myself to see if it will indeed SELL, then I brand.
where are the people who bought the course, that are still putting in the hours and cranking out private label products, reaching for example 2k, 3k sales a month (haven’t “made it”, but slowly growing profits). i would think this accounts for 90% of the course’s customers, as they continue trying this course’s business model.
CleanTAS 422: The 12 Month Plan to Build a $100k to $300k per year Business (Profit) What do you need to succeed? Seriously! Have you asked yourself that question lately? What level of success would be just enough for you? Is it a dollar number? Is it working yourself out of a job? If you don’t have an idea of where you want to be, 10/9/2017 Free View in iTunes
The video claims of massive sales volume and 50% margins are ridiculous. Any product that actually moves well normally already has 10 other sellers willing to sell barely over cost – or it will have that many sellers once the volume becomes anywhere worth bothering with.
BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to substantiate their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.
First off, that is great news you are doing very well with private labeling. Secondly, I think this is a conversation on much to do about nothing (spiting hairs.) With that being said, you may have missed it, but let me point it out to you, quote:
Lifetime moneyback guarantee. This beat the 30 day ASM look-in period hands down, which teases you with insufficient crumbs to get you past that 30 day point of no return. On the other hand, PAC has been around for over 10 years and they have a stellar support team that stands 100% behind what they say.
You will see ASM-type sellers all over the place. For the “easiest to source and private label products” it is almost funny to see all sellers with with their close to identical wording, fonts, image-types, promos etc. (BEST seller, add to cart NOW!).
My teacher was Srini Ramineni and he did an awesome job. I found him to be a very knowledgeable instructor who knows his subject matter. He was very clear and thorough in every topic and I have gained a lot of knowledge from watching and listening to his lectures. As a visual learner myself, I have benefitted greatly from his labs demonstrations and the diagrams that he draws to elaborate on the key points that should not be missed by any future DBA. Without doubt, he knows how to break down even the most seemingly complex topic and he teach it in a way anyone can understand. As a student who took the recorded version of the training, I never felt alone or forgotten. Whenever I needed help, my instructor was available without fail and in a timely fashion. He made my learning experience to be fun and indeed, I enjoyed every step of the way.
CleanTAS 344: Exposing Amazon’s Hidden Fees and Knowing Your (TRUE) Profit Numbers with Greg Mercer You know Scott only brings the best guests on The Amazing Seller that give you value and insights into selling on Amazon and building your business. On this episode, Scott’s done it again with guest Greg Mercer. 4/10/2017 Free View in iTunes
Had a few pm about selling my membership to asm thanks but no thanks. Yes the course is not very good and fails to exsplain extra costs ect but the reasen i wont sell is that the forum they have is fantastic way better than the 8 modules
This module consists of 12 lessons, and goes into things like ‘what to do when you run out of inventory’, when to launch your NEXT product, choosing your next product to launch, scaling your business to success, and even deciding when to enter other markets!
CleanTAS 451: ASK Scott Session #139 – Sales Vanished – Help to Narrow Market – One Product and Email List? Are you ready for that extra dose of inspiration to move you across the finish line this week? You’ve come to the right place! It’s time for another session of Ask Scott. On this episode of The Amazing Seller, Scott shares his thought of the week, 12/15/2017 Free View in iTunes
The fact is that you posted a video talking about a product you’ve never tried and a strategy that you probably couldn’t pull off. And when you get called to the carpet, you get all huffy about it and try to change the topic. No skin off my back.
CleanTAS 208 : Ask Scott Session #61 – Your Amazon FBA Questions Whenever you’re starting something new it requires that you do a lot of learning at the front end. You should never just jump in and figure it out on your own because there are so many people who have traveled the path ahead of you that you can learn 5/27/2016 Free View in iTunes
Actually, Ryan, your single post just got me HUNDREDS of THOUSANDS of ebook sales per day, and HUNDREDS of THOUSANDS of new subscribers, as you can see in the screenshots below. The majority are immediate refunds, of course, as you can see, because all the info I sell is bunk.
Hi Kevin. I think the portfolio you’re referring to is their Amazing.com product ($99/month, access to udemy-like courses for learning multiple different streams of income, including Amazon). I am an affiliate of that one only, but to be fair I don’t think their course content has been updated for approx. 1 year.
There is one elite group within ASM that all the ASM members know about it. They usually find out about this group after they have already have joined ASM and it’s too late to join their group. They have the highest rate of success and even ASM mentors PAY to join this elite group. I’m going reveal about this elite group a little later.
These incredible people not only have built very successful businesses themselves, but also absolutely LOVE to help people just like you. It’s their form of giving back to the community that’s done so much for them.