So, since you’ve already learned how to sell – the next secret is buying for the right price which will enhance your margins. If you buy for the right price – you have a very small chance of getting stuck. For example, if you are buying your own product for $10 landed and selling it for $24.95, then if all else fails and demand dries up or competition jumps in – you can always drop down to $15 sales price and still recoup everything after all costs.
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
Laboratory to complement concepts introduced in ASM 264. Topics include land survey, maps, rainfall and runoff, erosion control, drainage and irrigation, and costs and returns. Co-req: ASM 264 or NRM 264 or SOIL 264. Prereq: Students must be ASM majors only.
CleanTAS 254 : (Hot Seat) Failing Products + Advice on Future Product Plan and Sales Funnel Mapping If you are curious how an experienced Amazon seller would go about optimizing a product listing that isn’t performing very well, this episode is for you. On this one, Scott chats with his friend Chris Schaeffer about a product one of their listeners i 9/12/2016 Free View in iTunes
I didn’t know I could run split tests on my Amazon products until I found Splitly. In my first month optimizing my listing, my conversion rate improved by 18%. In a competitive niche like mine, this is huge!
In addition, if you balk at the price, you’re probably in the wrong game. With a price tag of about $5,000, Amazing Selling Machine may be the most expensive business training that austin and jeremy amazon webinar reviews ever purchase. You’ll also have startup costs of about $2500 to get your product made, a label designed, etc. If a $5,000 business investment scares you, then stay out. Personally, I’ve never seen a $5,000 business produce such incredible results in such a short amount of time, and I’ve been in a lot of business (heck, the restaurant I owned cost me $225,000 and I’m yet to make a dime from it… and my college degree cost me $80,000 and I don’t even know where it is).
CleanTAS 322: Ask Scott Session #98 – Small WINS – Chinese Sourcing Site – Brand Registry – Bundling Popular Products Have you just started taking steps to build your business? Or have you been at it for some time now? On this episode of The Amazing Seller, Scott has some wisdom to share and questions to answer that will be helpful no matter where you are in the proce. 2/17/2017 Free View in iTunes
It reminds me a bit of a 1990’s German pyramid scam where you had to pay a lot to get in on the “secret tricks” making 2 guys on the top and a few affiliates below them filthy rich, while the rest had to chase around to recover their own money.
Also, the “new super secret free software” that they “gave away” was the biggest joke I have ever seen. The software claimed to give you estimated sales for top sellers in different categories. Some number were off by a factor of ten. I know because I am the only seller for one of those products.
I got paid from Amazon on the 17th June $900ish, and already (not even a week gone yet) I have $500 in my account wanting to be sent out. Take whatever you want from that, but this is within my first 7 weeks of my product being live.
When you Own your “PRODUCT” you only limited to that Niche/Product which could Go DEAD overnight. I’d prefer Resell somebody Else product make 30% ones product goes Dead, Move to another product , Rinse and Repeat. While Drop shipping/Reselling you can sell 1000’s of Product while “YOUR BIZ” PL
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:
Hey Jake, looks like you’ve put together a fantastic resource for our community. Thanks! I’m a podcaster myself and I must say I was a bit disappointed the AM/PM Podcast at http://www.AMPMpodcast.com didn’t make it on the list. We have over 50 episodes, a very large and active Facebook group community, and I’m devoted to providing value and serving our audience. I like what you guys are doing at Seller Labs and often advocate the use of your products in my podcast. I started the podcast to cover my FBA journey, and have since then generated over $800,000 in sales since December. I invite you to check out our podcast and our community and I hope you’ll see we’re well worth being amongst the podcasts listed here. Thanks! -Manny Coats
I took a program that cost $200 and I learned some basic information, but there was no support and many unanswered questions. Not worth it, but it helped me decide I wanted to invest and pursue more of being an Amazon Seller.
@juju – there is 1 section of the course dedicated to getting your product exposure within amazon search. A lot of people don’t realize that when you search for a product and there are multiple sellers of that same product, there is a complex algortithim that determines what product amazon will actually display to the viewer (and it isn’t just the lowest priced item).
I have been running an amazon business more or less “the ASM way” for some years now. I actually started before Matt and Jason did, but their marketing learning curve has been way faster than mine. Still, my business did roughly than 5.5 million in Amazon.com PL sales last year, and I´ll beat that this year by 25-50% if nothing strange happens (but it often does, see below).
My point (again) because I won’t let my integrity (qualified by hundreds or thousands of fans/followers/readers) go undefended: If my objective was to make money and I didn’t care about my reputation/fans/followers/readers, I would have promoted ASM (I was an approved affiliate). Again if the angry and miserable (1% of the reviewers) actually listened to/watched my review, you would have seen that my potential revenue from promoting ASM was at least $17,000, and it could have been a lot more. My affiliate earnings from promoting the other courses/ebooks in a separate video was a mere fraction of what I could have earned promoting ASM. I guess full disclosure wasn’t enough. To appease the 1%, I should have just said in the video, “If you want to sell on Amazon, I have nothing to suggest to you.” Which of course would have saved my tribe/followers/fans the whopping $27 to $99 and/or prevented informing them of ASM course alternatives. Boy was I short-sighted on that one.
The ASM guys sell their course like most internet marketers sell: Hugely over-promises and many false and unrealistic statements that simply represent only their success stories. They have signed up over 20,000 students so far and created a $100 million business off the backs of many people that failed. THE VAST MAJORITY (99%) OF ASM STUDENTS DO NOT SUCCEED and while it’s true that some fail because of themselves, many fail because they go in without the capital and without realistic expectations (thanks to how the course is sold).