It’s because most marketing gurus teach the theory and not the facts. The truth is that marketing “theory” doesn’t always translate to sales and every business is going to react differently depending on the strategy
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 to 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.
Personally, I much prefer Colombia for a number of reasons, but that might take too long to write about here. Hit Medellin, the climate is eternal springtime and the people are friendly. With the dollar so strong right now (for those with dollars) you can really get a smashing deal on goods/rent/etc.
Other things to be aware of is products that have a history of recalls or falling under a category that often has recalls. It’s one reason I would not (personally) get into children’s products– too many regulations and hazards.
FYI … If you have not personally gone through a course or read a book, nobody cares what you think about the content, price, or anything else. We don’t want to waste our time reading opinions from people that have all the answers and no money.
I pretty much agree with this if what you say about them having all their members data etc is correct. I don’t blame anybody for buying this course though as it sounds ok but peronally I would no way spend that kind of money on what really sounds like a lot of hype.
There is, however, no straight answer as it depends a great deal on what category you decide to compete in, what product you choose, the level of competition, the methods you choose to market, your abilities and skills, and a whole lot more.
And, to be perfectly frank, for very many they’d rather not tell the world about ASM (for fairly obvious reasons). Many are also annoyed that ASM3 is coming onto the market and there is a debate to be had about whether or not it can be ever again.
What is it like to appear on Shark Tank? What lessons from that experience can leaders like you come away with? Is it a good idea to expect an immediate return on your investment when you are building up a brand from scratch? You’ll hear all about these topics and more on this special episode of The Amazing Seller! On this episode, Scott welcom ……
AMS is not for the tire kicker. Unless you have 10 grand and you are not afraid to lose it the AMS is not for you. Buy a course, buy several courses, go to Amazon and http://www.kdrv.com/story/37326182/news their videos, learn how to make $100 a day and then learn how to increase it. You can go to any department store, garage sales, estate sales, flea markets, thrift stores, book sales, dollar stores and thousands of websites to find things to make a profit on. Can you create a listing on Amazon? Can you get your own UPC number? Can you write copy? Do all of these, find a supplier and you have your own product to sell on Amazon. Next thing you know, you have 10 competitors cutting you price. If you know the ropes, the ropes can’t trip you up. Crawl before you walk. Walk before you run. 10% of the people that buy the course are making money is a stretch, maybe 1% and this time next year that 1% will be gone. DANGER.
I think Amazingdotcom is an incredible resource of knowledge for people like me, that …want’s to build online business and work with amazon! You guys are doing an excellent job and i’m very enthusiastic about sharing amazingdotcom to everyone that needs this kind of content and knowledge for their businesses 😀
Personally, for those that want to import and create their own product to sell on Amazon, I’d go with Skip McGrath’s book called The Complete Amazon Marketing System. It cost $147 dollars and comes from a power seller.
CleanTAS 426: PPC Strategies for 4th Quarter We Are Using to Triple Sales It’s that time of year again, 4th quarter! Are you positioned in the best possible way for your brand to get the exposure and results you need? What will it take for this year to end well for your bottom line? On this episode of The Amazing Seller, 10/18/2017 Free View in iTunes