Matt Clark is someone that I met through a mastermind group that I’m apart of, who is very successful at selling physical products on Amazon. At the time, I interviewed him primarily to learn about Kindle publishing and how he was making so much money on Amazon.
The profit margin on each product at Walmart (AKA how much they make on each product sold) varies wildly from product to product. Sometimes, they make almost no money if they’re trying to undercut their competitor’s prices. Other products will make up for that profit. To keep these calculated margins steady, the process is buy, send to stores, sell, repeat.
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.
Pick a product, order a 10–100 depending on the cost/ your budget and the minimum order quantity (MOQ) of your manufacturer, send the product to Amazon, market it and move on from there. Keep the momentum going If it works order more if it doesn’t move on and try something else. The key is to keep moving forward.
The ones that make me laugh are the ones that say, you don’t need a website, you don’t need hosting, you don’t need a list etc.. then when you get into the training it teaches you how to create a website and suggests Hostgator for hosting and conveniently here is the link which is an affiliate link lol. Also you see some that say this is the only tool you will ever need and in the pdf they are promoting other products which they claim they use.
I have some stuff that I would share here and there with people, but I have a handful of tips/tricks that I would never give away for any amount of money. Even if I collected a large sum of money upfront, it wouldn’t be worth it if the tactics became more common knowledge.
I have to say I agree with bayking here. I’ve seen your blog and have watched a lot of your videos. I respect you for what you’ve accomplished with your Amazon business model and how you’ve transitioned that into becoming somewhat of an authority figure on the subject – you’re a good marketer in that respect.
That being said, like Jim Cockrum says, you’ve got to be careful with your approach. The course does teach a couple of things that I believe are borderline in putting your account in danger, so I avoid that and only do what I’m personally comfortable with.
If you go with content marketing (written or video) the key is to target keyword phrases that you niche audience is searching each day, create quality content that helps people, then repeat the process.
CleanTAS 303: How Sophie Howard Built and SOLD her Amazon Business for 7 Figures Everybody has a story. And every person who has an Amazon success story has a lot to share that can help the rest of us move forward. If you’re looking for an inspiring story to show you what’s possible in Amazon private label sales you want to hear 1/4/2017 Free View in iTunes
I’m going to take you from the VERY beginning of my Amazing Selling Machine journey, because I started from zero. Yes, today I do about $500,000 per month on Amazon, but I started off making about two sales a day. Yes, I started at zero, and you will too.
Amazing Selling machine 8 is the best training they have created. It was launched in 2012 as a beta and came back with full version in April of 2013. At that time, it boosted the market. If you have worked in digital marketing field for a long time, surely you know something about this product.
I find it very enjoyable when people (or certain person) lays into either FBA or ASM methods. All I can say is, yes ask for a refund, your not needed. While most of us who are making over $100k a month all the way to the bank, I am not hear to brang. Just find it laughable someone wants to call it a scam. Maybe we should call you a scam for not putting in the effort and not sticking with something more than a month, sigh- What a joker.. For really, go find a push button program. If it didnt work for you, fine. That is understandable, but throwing the word/phrase (scam/its a scam) JOKER!
CleanTAS 483: (LIVE Hot Seat) Is My Brand and Products worth Saving? – Part 2 Traffic & Keywords Welcome to part two of this LIVE Hot Seat Session with Scott and Chris! You can find a link to part one of this Hot Seat Session down in the resources section below. On this episode of The Amazing Seller, you’ll hear from the guys as they continue the 2/28/2018 Free View in iTunes
Spencer is the founder of the widely used keyword research tool, Long Tail Pro. In addition, he blogs and podcasts at NichePursuits.com about SEO strategies, building niche sites, and the success of his recent Amazon FBA business.
First, I apologize to those that posted questions asking me for answers. I don’t really check this thread frequently and didn’t subscribe to it is amazing I already get way too many emails and don’t want to get distracted.
Since I could not advertise any longer, I tried to resurrect my business using SEO in Google. Slowly I started to make money again. I began to relax. Then, all of a sudden, the “Big G” (Google) started the “Google Dance” again… and they pulled the rug out from under me by changing their algorithms again and again. As Google continued to improve their search engine, ranking high was harder than nailing pudding to a tree.
Of course, all of this is mostly my opinion and speculation at this point so I’m not sure what that is worth, although I have been in retail for over 15 years. I will post again at the end of the 30 days and let you guys know how it worked out.
The only products that have no real competition are patented and protected from “branding” by the manufacturer. A few of ASM sample “hot Items” are already patented by the manufacturer, try to make a similar design, and get sued. Look up the shaker bottle with the mesh ball and Gripmaster.
Affiliate marketing or selling on Amazon is going to take the initial time and work to find a niche product and make it sell. I’ve heard the margin of success is around 10%, but I think that would be pretty hard to verify. How many people start either one of these types of businesses and how long do the give themselves to be successful? Tough questions to get any real data on.
I am just starting out with the FBA program with inventory that I “invented” for lack of a better word and now have manufactured in China and am excited about being part of their Q4 hurricane of sales.
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
That’s the thing about the importing as well that most people don’t realize. To make importing feasible, you have to import a full container. Do you know how many units of something it would take to fill an entire container when the weight is 16 ounces? Do you know what the total cost of that container would be? Now, you could balance it out with a heavier item; one that would fill up 3/4 of the container and then fill in the 1/4 with the smaller items. But either way, you’re talking about a $40-50K investment in that case.
With 3000-5000 each doing 5+ products it’s simple maths to see that pretty soon there will be 25000+ ASM products out there, that’s a very big bite out of the possible universe of products that would fit the private label model, that’s not including the many thousands who did not buy the course but are doing it anyway
I was an experienced FBA seller with sales of about $10k per month (including some private label items) and I can tell you there was incremental knowledge I picked up in ASM that has brought my business to the next level.
Hi Shrey, I haven’t heard about Jungle Scout. I think the main reason ASM stands out from other similar courses – is in their superior training and support. Also with ASM you can start making $2-4K per month in a matter of few months. I will personally try to validate this claim and see if it’s possible to start earning fast.