The problem is that they can’t. In a store like that, sure, you can make very minor adjustments in each department, but you can’t go putting the extra helmets for sale right next to the air conditioners.
CleanTAS 241 – Ask Scott Session #72 – Your Amazon FBA Questions Here is the regular Friday version of The Amazing Seller Podcast – the “Ask Scott” session! This is where you’re able to ask your very own questions about Amazon Private Label sales, online sales in general, and how to do your pay per click, 8/12/2016 Free View in iTunes
Ultimately, you will have an experienced online internet multi-millonaire in your corner that has been through the Amazing Selling Machine and has helped thousands of people make money online on Amazon.
It’s a big problem, so you’ve got to filter through all the fluff and ask tough questions to see if whatever you’re interested in has any merit. If you aren’t satisfied with the answers to your questions, supported by fact or reasonable assumptions, then move on.
I don’t participate in the FB group, but the podcast is full of great information. Scott is a nice guy that will answer pretty much any question thrown his way. I listen when I get a chance. Probably more so once I start getting more serious about PL.
For me, I am happy with what I have paid for and my return. To answer other questions the failure rate in FBA is higher with private label, what happens (which I have seen) ASM members find a product and send way to much on stock, rather than buying 50-100 items to keep your risk low.
Learn how to find, interview, hire, train and manage a team of Virtual Assistants in the Philippines for as low as $3/hour to help you run your Amazon business. This is an online training program that will help you automate and systematize your online business, freeing up your time to focus on what is most important.
If you haven’t already, be sure to check this free video from the creators of ASM which covers how to pick the right product to sell on Amazon. They then explain how to build and scale an Amazon business to $100,000 per month.
I think Panorama, offering one on one support with this course is the only way, some sort of skype forum chat group so very one can get there questions answered, I know facebook group can be daunting.
CleanTAS 331: Ask Scott Session #101 – Product Liability – Fix Negative Feedback – No Buy Box and Traffic Scott is fired up and ready to deliver on this Friday’s Ask Scott Session! He has been traveling and had the opportunity to meet up with some TAS followers in Dallas, TX. Scott also had the fortune to learn from Tony Robbins! 3/10/2017 Free View in iTunes
This comphrensive training program includes over 70 step-by-step tutorial videos (30+ hours of content), with downloadable PDF’s and a private Facebook group community. This training program has been off the market for months and it’s the perfect compliment to the Amazing Selling Machine, helping you with my best online marketing strategies, which is why I’ll be throwing it in as a bonus for you for FREE when you join Amazing Selling Machine.
ASM 323 – Post-Harvest Technology – 3.00 credits: Principles and management of crop and feed storage, handling, drying, processing, and crop/feed systems siting, planning, and development. 3 lectures. Prereq: MATH 103 or 104.
The next step is much easier: sellers sign up with Fulfillment by Amazon (FBA) and ship all their product there. At that point, Amazon stores the inventory for those sellers as well as markets, sells and ships it. Thus, Amazon becomes the actual drop-shipper.
Update (Mar 2016): Just filed my income tax and it’s the highest I have ever paid – thanks to the income I now make as an entrepreneur that all started with PAC! I also paid down my mortgage by $60,000 and paid for a brand new vehicle in cash (if you know anything about vehicle prices in Singapore, then you know that’s a substantial amount).
The Best Way to Experience Amazing Selling Machine is to watch their 4 Free Video Series that will change the way you think about building business on Amazon. Click on the image below and you will be taken to a page where you can watch these 4 videos. You may need to scroll page down a little to see them:
This IS the real thing. No they don’t teach you everything, no they are not perfect, but between what they teach you, the methodology they make you go through and (most importantly imo) the community, there is nothing like this out there that I have encountered.
Here is what I know…I purchased the course they came out with last year http://www.fox34.com/story/37326182/news they sold for $1k…was it worth $1k? Certainly not! I guess if you were complete newbie it would be helpful but still i think it was overpriced. It had a few gems but for the most part it was basic information most IM’ers know or know where to get it..especially for less than $1k. In addition the forum was super weak, I found it extremely difficult to find a product that you could make any margin on. Its like someone said above…its probably harder to find these “opportunities” then it is to put together and sell a high priced course.
CleanTAS 470: Business Cashflow and When to Pay Yourself Profit It’s the question that weighs on the minds of many small business owners, “When do I draw a salary or profit?” If you aren’t asking yourself this question, it’s only a matter of time before you do. What’s the answer? 1/29/2018 Free View in iTunes
For 6 months, you will be apart of an exclusive mastermind group consisting of myself and others where you will get to join me on bi-weekly webinars where I will answer ALL of your questions regarding selling on Amazon and internet marketing. If you can’t make the webinar dates, you can submit your questions to me in advance and I will answer them for you and send you a re-play of the recording. This level of coaching will ensure that you are never lost, confused or “stuck” throughout the entire process of going through the Amazing Selling Machine. You will have an experienced internet marketer in your corner that has been through the Amazing Selling Machine training and can help you every step of the way through.
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.
1. If you don’t have a high earning product and have done most of the promotional work as instructed and you are ranked on the first page of Amazon for your primary keyword, move on to another product. It is either a dud or a low producing product. It’s a numbers game. Some people hit it big on the first product and some like me take a while. I found success on the 4th product.
I did write a long message (I deleted it), but I do not have the time or strength to get in a pissing match with you now. I am sure the community respects your view point on things and good luck to them.
I like Dan thies and Leslie Rohde, but that’s a total joke right there. Amazon employs sales reps to sign-up people on FBA and their other services. If you have a website, you’ve probably been contacted by them in the past.
Or use my “Just In Time” ordering system and have your supplier ship them by air courier. Don’t panic about the cost. If (as my students do) you know how to buy at the very lowest possible prices, you can easily absorb the courier cost and still make higher margins than the great majority of warriors who have been willing to disclose their margins on the forum.
It’s all relative, but the value you’ll see is largely based on the individual, not the course. I consider the cost to be cheap relative to what you get. I make more than double the cost of the course EVERY WEEK as a result of what I’ve learned. In fact, I personally emailed Matt Clark at one point and suggested he should be charging upwards of $10k for the course going forward because I think it’s underpriced (he declined my suggestion).
I have a few friends who wanted to try out, after seeing my small success. But I told them not to join (due the expensive course fee). I am now working with them on a partnership basis on their amazon business, and it’s a win-win situation.
The basic idea of this program is that you find products that are already selling well on Amazon, private label them so you don’t have to compete, and use FBA (Fulfillment By Amazon) to do the rest. No need to take an order, ship it, or even take care of a refund. This sounded so simple that even one of The Three Stooges could probably do it.
The easiest way to start, though, is regular purchasing just to get a feel for what is involved. I don’t think it makes sense for someone who has never done it to invest in private label products off the bat. IMO, you need a little experience working with the system and dealing with the kinks, possibly getting UPC exemptions or special category approval and that can take time.