Is the act of buying widgets for $10 and selling them for $80 a MORAL and valuable service or not? It's certainly one of the lowest hanging fruit business models of our time and many people in our community are succeeding wildly with this model, but is "buying low and selling high online" a VIRTUOUS business model or is it "price gouging"? Let's talk about it! (for details on this biz model see episode #6)
Come discuss this episode with Jim and SSMR community on FB here
In part one of this topic (episode #17) we talked a lot about how to AVOID buying bad inventory for resell online. In part II we dive deeper into how to MOVE inventory that you purchased and now have a hard time moving.
Connect with Others On The MySilentTeam World Map
We've all been there at some point. More time than money. Can you still build an internet business if you are broke? Yes you can and Jim has six specific business strategies for you in this one! Even if you have some cash in the bank, you should check this one out! You'll find some very creative investment opportunities in this creativity packed episode! Don't forget - show notes are always at SilentJim.com
How do you ensure that you invest in ONLY the training, experts, events and courses that will take your business in the right direction? There's one simple test you can use that will help you avoid making a series of horrible decisions when it comes to your online business building adventure. In this mini episode Jim explains why just about every hyped up expensive expert course you've ever bought or considered buying was a total waste of money and he reveals how you can EASILY know well in advance who the good guys are and who the money grubbing scammers are. Show notes as always at SilentJim.com
What are the tricks for selling a bulk load of inventory that is moving too slowly on Amazon? I get asked this question a lot - and I always give the same answer. It can be painful to hear, but remember - I only say it because I love you!
Amazon report for "sessions":
>Click on Reports
>"Detail Page Sales and Traffic"
Then sort by sessions to see what's in your inventory.
Discuss this report strategy with others here:
ProvenAmazonCourse.com (the best keyword training in the world for Amazon is the PPI module in this course)
JimCockrumCoaching.com Need help moving your inventory? Need help getting started? We can help!
In this episode Brett and Jim talk about the simple strategies he's using to grow massive email lists and sell thousands of units of numerous private label products. They've had multiple six figure days this Q4 and the lessons are abundant in this episode. They talk about how specialization leads to multiple income streams, a glimpse of the future of e-commerce, the simplicity of Facebook video, their upcoming live event in LA (ppi.jimcockrumevents.com), why email marketing still rules, and towards the end of the show some facts that every Amazon/eBay seller needs to know about selling on Walmart.com!
In other words, this episode is packed with great advice!
In today's show Jim explores the five fundamental concepts that you'll need to grasp in order to build an multiple income streams empire online. Grasping the power of even one or two of these concepts will help you go further fasters, but if you get all five down pat, you'll be unstoppable. It's not complex, but it is a different way of seeing online opportunities. Let's explore these five ideas: "Only do what only you can do", the "Find your audience first" principle, "Finding the right partners", "The power of email marketing" and "The power of simple video."
Having investment funds is NOT a requirement of online business success. In fact, many of the most compelling success stories from our community are the stories of those who overcame incredibly difficult financial circumstances in order to succeed and we gave them the SAME advice as we did to our students with ample cash on hand! So what is needed in order to build a great business online? Is it education, experience, gender or something else? Let's talk about it!
Today you'll meet the man who has been the director of the JimCockrumCoaching.com coaching program for 14 years - Mr. Nathan Bailey. Together, Nathan and Jim have coached 1,000's of clients and businesses on strategies for Internet business success.
They'll discuss the future trends that they see coming in the short and long term as well as some of the specific strategies being used NOW by their most successful students.
Your mindset matters in this business, and you should find yourself feeling VERY optimistic after this episode!
Is This The End of Retail Arbitrage? (article)
US Census Report >9% of retail is online
In this episode Jim talks about specific strategies for moving your business forward fast with the power of intentional relationships. Listen up biz builder - this isn't a fluff episode these are specific, simple strategies that if ignored WILL cost you dearly. I'd estimate that 90% of all online entrepreneurs are doing it wrong when it comes to building the proper relationships with the right people - and Jim wants to help set things straight!
Speed of Relationships Blog post:
- calendar scheduling software
Two Great Questions:
- What are you working on?
- How can I help?