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.
Steve started selling online when his wife wanted to quit http://www.doublet973.com/story/37326182/news job to stay at home with the kids. He now runs several 6 figure businesses which include an ecommerce store, a blog, a podcast and an ecommerce training class.
It really depends on what you sell. Having said that, a lot of you are assuming you have ZERO liability in whatever you do. Just because you aren’t aware of the liability of what you’re doing doesn’t mean you don’t have liability. Product liability is a whole different beast, but there are product categories where liability is not that much of an issue, and there is insurance.
Very interesting article. You made me discover something I might get into as soon as I start making profit with my website. Amazon is a great site and I did see how to buy in bulk on Alibaba and other sites. It really seems like a fantastic opportunity and you’ve succeeded in spiking an interest for me to start doing it. Like you said the price is pretty expensive so I have to hold off for now. You have a great article .
Depending upon your previous experience selling on Amazon he endorses essentially 3 to 4 products. The one Malik likes best is “Proven Amazon Course” by Jim Cockrum which he considers easily worth $10,000 with all its info. You also get lifetime access to “Selling on Amazon Mentorship Series” as a free bonus. If you are a complete newbie, according to Malik, you will also need Andy Dew’s “Dewable course” currently at $99. I have just bought Jim’s course for $97 with lifetime access and updates. I think that was a savvy decision which just saved me approx. $3900!
I have been involved in international shipping, exporting, and importing since I left college, and with a lifetime’s experience I would not go to the trouble of trying to keep up to date with all the regulations. Since I began importing in 1987 I paid others a small amount to do that for me.
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.
I knew I was in the wrong place with Amazon Associates as it just seems to be too much time and effort for little reward for me, but FBA was out of my comfort zone so I never jumped in eventhough I bought what is now ASM6 3 years ago! I need to speak with you privately about how you did this! Can you send me a PM please?
CleanTAS 244 : Ask Scott Session #73 – You Amazon FBA Questions Nobody knows it all. Not even those who have been doing something for a very long time. We all need to ask for help from time to time and these Friday episodes of the Amazing Seller Podcast are an opportunity for you to ask your questions about Amazon . 8/19/2016 Free View in iTunes
Save your money and do the homework yourself. You are going to have to put up some money to buy your own inventory, but one thing you should know is you make your PROFIT on the BUY side, NOT on the sell side. If you get a good enough price for good quality products, you will made money even if you have to liquidate stock.
2) Matt and Jason aren’t as active as i would like them to be. They essentially show up every once in a while, which kind of annoys me, but i guess they have other things to do. Within the 30 day period is when I saw them most, but I guess that’s how it goes
And i started selling on Amazon, and my ONLY inventory was from buying used books (and used CDs, DVDs, and VHS tapes and even books on tapes) at local libraries for literally ten cents to a dollar a piece. I had no car (my wife was using our only car for her housecleaning business) and thus my father in law would drive me to the 70+ libraries day after day in his van with 100,000 miles on it.