Today's guest has a full-time job with limited time to dedicate to his Amazon adventure, but he's already scaling fast and doing great! He's finding numerous great REPLENS in his local area stores and online.
He calls the ProvenAmazonCourse.com training his "roadmap" that's helping him build a great business that will one day "bring him home".
This is the latest of 100s of success stories from our students - prepared to be inspired!
Today's show is sponsored by Getida http://silentjim.com/reimburse - the free service that finds money Amazon owes you
Today's guest Shad Adams
Watch today's episode on our YouTube channel here: https://youtu.be/ib_UCftAr6Y
Show note LINKS:
SilentSalesMachine.com - Text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online or visit https://silentjim.com/free11
TheProvenConference.com - It's not too late to attend our May 23-25th 2024 live event in Orlando! Nearly 800 registered to attend! Some tickets remain, and livestream is less than $1 per session (and you get ALL event recordings!) Get the latest cutting edge ideas from our top performing students for less than $1 per session! Hurry though - when the event starts the price goes WAY up!
SilentJim.com/bookacall - Book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here!
My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 75,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
https://ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
Our newer ProvenAmazonCourse.com and coaching students often ask questions like, “Where can I find a source that allows me to sell items for a profit on Amazon?”
Typically these students are looking at the current or average recent buy box price on Amazon or the featured price and then setting about trying to find a "cheaper source".
While there's some potential in that model, there's far lower hanging fruit for you to explore and that's the topic of today's new podcast episode.
Today we turn the sourcing question upside down and ask this question instead:
“Now that I know my cost of acquiring this item, what price will I need to sell this item for on Amazon in order to make a profit?"
Next ask...
"Are there ASINs that make my profitable price a reasonable goal?"
Once you know how to look, the answer will be a resounding "YES" far more often that you might suspect!
Let's talk about it on today's episode. Watch it pn our YouTubbe channel here: https://youtu.be/EVuDWkWXmQA
Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: What should I look for on a retail store receipt as a reseller on Amazon?
Show note LINKS:
SilentSalesMachine.com - Text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online or visit https://silentjim.com/free11
TheProvenConference.com - It's not too late to attend our May 23-25th 2024 live event in Orlando! Nearly 800 registered to attend! Some tickets remain, and livestream is less than $1 per session (and you get ALL event recordings!) Get the latest cutting edge ideas from our top performing students for less than $1 per session! Hurry though - when the event starts the price goes WAY up!
SilentJim.com/bookacall - Book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
SilentJim.com/bb70 - See over 150 examples of keepa charts of "above buy box" winners that are selling in Jim's account in real time RIGHT NOW.
My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 75,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
https://ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
Today's podcast episode is about the longest running annual event for Amazon sellers and Ecommerce "multiple income stream" business building warriors that is happening soon! It's the 12th annual PROVEN CONFERENCE happening May 23-25th in Orlando - and it's nearly SOLD OUT!
TheProvenConference.com has details
Today I talk with the director of our coaching programs, Nathan Bailey who has been with me for twenty years of Ecommerce success and we discuss questions like:
>What topics are covered in the fifty break out sessions at PROVEN? (Amazon, Walmart, TikTok, Wholesale, Branded Bundles, Brand Building, Multiple income stream strategies and more)
>Who should attend this event? (Newbies, seasoned pros and those needing encouragement on their journey towards ecommerce success)
>What can you expect from the event as an attendee? (Cutting edge "what works NOW" content from people on our team who are DOING IT.)
>If you can't attend, should you get the livestream/recordings package? (Hint - YES! It's less than $1 per cutting edge session that you'll receive IF YOU LOCK IN BEFORE THE EVENT STARTS - details at TheProvenConference.com website)
Watch this episode on our YouTube channel: https://youtu.be/g2Xqw3SSHds
Show note LINKS:
TheProvenConference.com - It's not too late to attend our May 23-25th 2024 live event in Orlando! Nearly 800 registered to attend! Some tickets remain, and livestream is less than $1 per session (and you get ALL event recordings!) Get the latest cutting edge ideas from our top performing students for less than $1 per session! Hurry though - when the event starts the price goes WAY up!
Humnbird.com - Trademark and other services for anyone trying to build a brand
SilentJim.com/bookacall - Book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
https://ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
Once per week or so our Amazon seller leadership team and I love to go live on Zoom with whoever can join us and answer as many ecommerce and Amazon selling related questions as possible. We love to capture the best moments from these Monday night sessions for you and turn them into a podcast episode.
Here's the topics of today's clips put together by the team:
Robin gives us an introduction and info on upcoming events on SilentJim.com and tells us details about TheProvenConference
Coach intro to Kickstart Bootcamp - Robin Joy gives an overview
Should we use Amazon's repricing services?
Do I need to delete my listings to avoid the low inventory fees?
What does chain of custody mean with our inventory and how is it important to sellers?
What is the purpose of finding at least 100 ASINS?
Show note LINKS:
TheProvenConference.com/orlando - come meet your fellow listeners to this podcast, dozens of our coaches and hundreds of business building warriors at our live event in May! Tickets are still available now!
https://JeffSchick.com - our legal expert for all things Amazon
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 75,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
https://SilentJim.com/kickstart - if you want a shortcut to learning all you need to get started then get the Proven Amazon Course and go through Kickstart.
https://silentjim.com/podcast - episode 820 is our panel discussion about the changes in fees and how it can actually benefit sellers https://silentjim.com/podcast/episode-820-how-scary-are-the-latest-amazon-fee-and-shipping-changes-whats-the-good-and-bad-news/
Over the past 20 years, having coached ecommerce success to nearly 10,000 students, I can tell you with certainty that I know the number one question that anyone who is "stuck" has on their mind...
"What can I sell?"
or
"Where is the profitable inventory?"
or
"Where can I start if I want to find good inventory?" etc.
Let's tackle that head on with one of the dozens of great strategies that we teach in our ProvenAmazonCourse.com training -I'm giving you ALL the details and ALL the proof that this flat out works... and it's just ONE of NUMEROUS strategies that we teach for new sellers!
Instead of selling at a price lower than everyone else, I'll show you how to sell consistently at a price HIGHER than everyone else - I call it our "above buy box" strategy and it's working amazingly well!
Watch this episode on our YouTube channel here: https://youtu.be/YF9zIUcpRAk
Show note LINKS:
silentjim.com/bb70 - see over 150 examples of keepa charts of "above buy box" winners that are selling in Jim's account in real time RIGHT NOW.
silentjim.com/500k - see the exact setting in keepa to identify fast moving ASINs that are "underserved" in amazon's 100s of warehouses across the US. You'll need to be a member of our free facebook group to see this video.
SilentSalesMachine.com - text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online or visit https://silentjim.com/free11
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 75,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
Today's new podcast episode is a great one to hear as we head into the final days before our TheProvenConference.com event in Orlando FL with well over 700 attendees registered to attend!
If you can't make it to Florida with us May 23-25th, be sure to snag live-stream because you'll be blown away by nearly 50 highly successful speakers from our community (listeners to this podcast and students of the ProvenAmazonCourse.com course) who will be sharing what's working NOW for them and their businesses!
Get livestream details on the same page - TheProvenConference.com
Note - there's a HUGE discount in place right up until the event starts...and then the price SHOOTS UP. DO NOT WAIT!
Today's new episode is a visit with a student of ours who has not only built an amazing business using the REPLENS strategies, he's also a software engineering genius - who is making his entire REPLENS WORKFLOW SYSTEM available to all of us for a crazy low price!
Get details at https://SilentJim.com/thesystem
Enjoy today's revisit with Khang Dang as we dive into the story behind "The System".
Watch this episode on our YouTube channel here: https://youtu.be/ZZUdJp-_6gM
Show note LINKS:
SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book!
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam- 100% FREE! Join 75,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
JimCockrumCoaching.com - get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
On today's podcast episode we give an update on "The System" that we first discussed back on the wildly popular episode 754 of our show.
If you are ready to deploy a single software tool that helps you GROW and MONITOR a catalog of REPLENS ASINs while managing and automating the entire workflow process, then today's episode is a MUST LISTEN.
This is going to revolutionize the Amazon game for thousands of REPLENS, OA/RA, branded bundle, wholesale and private label sellers.
Watch this episode on our YouTube channel here: https://youtu.be/MtkUzVIL_vE
Show note LINKS:
The direct link to our super popular Episode #754 with Khang's update https://silentjim.com/podcast/episode-754-fully-automated-oa-replens-business-doing-multiple-seven-figures/
Listen to Khang's past interviews on the podcast here: SilentJim.com/podcast
We're very proud of how low we're going to make the price on this tool for you. https://silentjim.com/thesystem
SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book!
Come meet your fellow listeners to this podcast, dozens of our coaches and hundreds of business building warriors at our live event in May! Tickets are available still! TheProvenConference.com/orlando/
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
Once per week or so our Amazon seller leadership team and I love to go live on Zoom with whoever can join us and answer as many ecommerce and Amazon selling related questions as possible. We love to capture the best moments from these Monday night sessions for you and turn them into a podcast episode.
Here's the topics of today's clips put together by the team:
Jim gives us an introduction and background on SilentJim.com and tells us details about TheProvenConference
Coach intro to Kickstart Bootcamp - Robin Joy gives an overview
A question about brands that are not allowed to sell on Amazon and how Jeff Schick helps our community with Legal Advice
A question about pricing products above the buy box but getting a suppressed listing
A question about ASINS and pricing inventory
A question about who decides when the brand is gated, Amazon or the brand?
Feedback on the panel discussion of the recent Amazon fee changes
A question about the shipping cost increase and how to mitigate that cost into my business
Comments about funding our Amazon businesses
A question about do I have to have a large living space to do this business?
Show note LINKS:
TheProvenConference.com/orlando - come meet your fellow listeners to this podcast, dozens of our coaches and hundreds of business building warriors at our live event in May! Tickets are still available now!
JeffSchick.com - our legal expert for all things Amazon
SilentJim.com/buyorsell - our preferred partner for selling your amazon account or buying a new or seasoned account!
Selling Above Buy Box strategy https://SilentJim.com/bb70 - this is a link to a Facebook post with over 70 examples of great ASINs selling above buy box for our host Jim Cockrum's Amazon seller account.
https://silentjim.com/ungating - a short discussion and video on ungating
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 72,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
https://SilentJim.com/kickstart - if you want a shortcut to learning all you need to get started then get the Proven Amazon Course and go through Kickstart.
https://JimCockrumCoaching.com - get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast! Or grab a slot on the calendar and we'll call you at https://silentjim.com/bookacall
https://silentjim.com/podcast - episode 820 is our panel discussion about the changes in fees and how it can actually benefit sellers https://silentjim.com/podcast/episode-820-how-scary-are-the-latest-amazon-fee-and-shipping-changes-whats-the-good-and-bad-news/
Our guest for today's episode started on Amazon many years ago, but he was on a TREADMILL model of scanning bar codes, going store to store, always selling different items and getting stuck with an ever growing "pile" of unsellable inventory.
He got (understandably) frustrated and his margins were dropping.
He did this model for TEN FULL YEARS and then he took a full two years off - he quit Amazon feeling defeated... and then he found our community just a few months ago.
He found the ProvenAmazonCourse.com course - he discovered the REPLENS model (the model behind the 100s of sellers success stories you've heard on this show)...
... and now, just three months in, you won't believe what he's built and the great margins he's getting. His business has come back to life, and he's energized by the results and margins of this new model!
Watch this episode on our YouTube channel here: https://youtu.be/vWxEQ_Qzx2c
Show note LINKS:
SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book!
TheProvenConference.com - So much information and great networking at our LIVE event. We'll have Rabbi Lapin as our keynote speaker and 40 break out sessions at the upcoming event in May 2024 in Orlando!
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
Today's guest: Nic Bennett
What can the different offerings in this community give me that I can’t just get from the ProvenAmazonCourse.com?
This coaches corner podcast episode discussion explores various educational resources provided by the community that complement the "textbook" knowledge from PAC (Proven Amazon Course).
We discuss everything from free options like our 75K member Facebook group to our $37 Kickstart small group coaching which focuses on getting started with actionable steps. Also discussed are the the Workshop opportunities that demonstrate planning and execution for building a low-risk, predictable business as well as our personalized Coaching offers with will give you the guidance you need one-one-one regardless of your experience level.
Additionally, we discuss the power of the the Proven Conference - our live event which exemplifies the success attainable by applying the various "PAC" strategies.
A blend of self-study, classroom style learning, experimental labs, and tailored coaching ensures a well-rounded approach to business education that is supported by free community platforms like our podcasts and Facebook groups.
There's something we offer that's a perfect fit for you! Let's talk about it!
Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: "What's a 'good invoice/receipt' for Amazon, and what's a 'bad invoice/receipt' for Amazon sellers?" Get additional info on this topic in this Facebook discussion: silentjim.com/receipts
Watch this episode on our YouTube channel: https://youtu.be/aRCbnqjA3-s
Show note LINKS:
SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book!
TheProvenConference.com - so much information and great networking at our LIVE event. We'll have Rabbi Lapin as our keynote speaker and 40 break out sessions at the upcoming event in May 2024 in Orlando!
ProvenAmazonCourse.com/100 - our upcoming small group workshop happens the two days prior to the TheProvenConference.com event in Orlando. Come get one-on-one instruction on how to scale fast with our time tested REPLENS model!
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
https://SilentJim.com/kickstart - if you want a shortcut to learning all you need to get started then get the Proven Amazon Course and go through Kickstart.
JimCockrumCoaching.com - get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
Today I interview a married couple who has used our coaching and the relationships they've built in our community to build an incredible business based on the concepts taught in the ProvenAmazonCourse.com course.
He left his career in banking behind and she left her teaching career behind as well - and they've been ALL IN for over two years - and it's going great!
They are doing Amazon REPLENS, Brande Bundles and a bit of wholesale too...and they are starting to experiment with Walmart as well. It's a family business that they both work full-time along with help from their two kids.
This episode has plenty of practical tips and loads of encouragement for you regardless of where you are in your ecommerce business journey!
As discussed on today's episode, come meet this family and hundreds of others at TheProvenConference.com event in Orlando May 23-25th!
Watch this episode on our YouTube channel: https://youtu.be/lqVy8HfGy_c
Sponsored by SilentJim.com/buyorsell - Our preferred partner for selling your amazon account or buying a new or seasoned account!
Show note LINKS:
My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam - 100% FREE! Join 75,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
TheProvenConference.com - Mark your calendar for this May! Our LIVE event has more content and training than ever before .... !
ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here!
Humnbird.com - They help sellers get established on Amazon.com (sell in the US from anywhere in the world) They specialize in everything from Intellectual Property, Trademarks, Patents, Corporation Setup to Branding, Design and Marketing. We recommend their affordable systems and solutions giving you everything you need for your wholesale and private label business even overseas!
SilentSalesMachine.com - Text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online or visit https://silentjim.com/free11
Today's guests: Nick and Michelle Tricomi
Once per week or so our Amazon seller leadership team and I love to go live on Zoom with whoever can join us and answer as many ecommerce and Amazon selling related questions as possible. We love to capture the best moments from these Monday night sessions for you and turn them into a podcast episode.
Here's the topics of today's clips put together by the team:
Jim gives us an introduction and background on SilentJim.com and the ProvenAmazonCourse.com
Coach intro to Kickstart Bootcamp - Robin Joy gives an overview
A question about the new shipping fees and a twist in the seller's advantage of them
A question about the upcoming Proven Conference schedule
A question about selling on Walmart and upcoming training for that
A question about the safety certificates needed to sell toys
Show note LINKS:
Episode #820 is our panel discussion about the changes in fees and how it can actually benefit sellers https://silentjim.com/podcast/episode-820-how-scary-are-the-latest-amazon-fee-and-shipping-changes-whats-the-good-and-bad-news/
SilentSalesMachine.com - text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online or visit https://silentsalesmachine.com/ssm11/ffv11/!
Need a coach? Schedule a free consultation https://silentjim.com/bookacall
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 72,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
A panel of leaders from our team got together to tackle these questions recently and we recorded the conversation. ALL Amazon resellers, bundle sellers and anyone who is considering selling on Amazon will benefit from hearing this discussion.
Overview:
A couple times per year for the past 20+ years we've seen both minor and major updates and changes come into play for sellers on Amazon, eBay etc.
Amazon has changed policy and fee structures recently so we dive into the details.
Right now there's a lot of discussion about the latest fee and shipping changes on Amazon for example. How concerned are serious sellers? How big of an impact will these changes have?
Topics covered among others:
Has the opportunity on Amazon changed? Is it harder now? If so, how much?
Are changes necessary in light of these changes?
How are these changes BENEFITING especially newer sellers?
What's the bottom line impact we are predicting as far as total impact sellers will see?
What solutions have already floated to address these changes?
Watch this epiosde on our YouTube channel: https://youtu.be/Pm2YNbxg-yU
This episode is sponsored by https://humnbird.com - They help sellers get established on Amazon (sell in the US from anywhere in the world), They specialize in everything from Intellectual Property, Trademarks, Patents, Corporation Setup to Branding, Design and Marketing. We recommend their affordable systems and solutions giving you everything you need for your wholesale and private label business even overseas!
Show note LINKS:
Khang's podcast episode 754
SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book!
TheProvenConference.com - So much information and great networking at our LIVE event. We'll have Rabbi Lapin as our keynote speaker and 40 break out sessions at the upcoming event in May 2024 in Orlando!
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
New Amazon sellers can inquire about a $400 credit towards seller shipping fees here:
https://sellercentral.amazon.com/new-seller-incentives/dashboard
Today's all new episode tackles common questions and challenges faced by newcomers to selling on Amazon, specifically around restrictions and approved categories. It begins by addressing the concerns of many new sellers who find themselves confused by the limitations placed on what they can sell, noting that initial approval typically includes categories like Home and Kitchen, Arts and Crafts, Office Products, and Pet Supplies (excluding pet food).
Even with all the initial restrictions that Amazon has though, there are a significant number of available ASINs (products) in these approved categories that total over 50,000 products—that meet specific criteria such as having some past or current FBA offers, being non-hazmat, having no Amazon sales in the past 30 days and experiencing at least 30 or so sales rank drops in the past month.
Further, the episode provides strategic advice on how to expand your list of potential ASINs by selecting trustworthy sources.
Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: "If I get some 'free stuff' from a supplier or elsewhere, can I sell it safely on Amazon?"
Watch this episode on ourYouTube channel: https://youtu.be/x2WajDhHOwA
Show note LINKS:
SilentJim.com/ungating - a post in our facebook group that's all about what categories are open to you as a new seller
SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book!
TheProvenConference.com - So much information and great networking at our LIVE event. We'll have Rabbi Lapin as our keynote speaker and 40 break out sessions at the upcoming event in May 2024 in Orlando!
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
Today's podcast guest lives in Laos and runs a successful Amazon selling business in the US on Amazon.com. He's using concepts from the ProvenAmazonCourse.com course to provide all the living expenses he needs while he's living permanently in the country that God called him to serve and love on the people of a poor nation.
Laos is a poor nation where the US dollar goes very far, so our guest for today's show is using the proceeds to bless those near him and even training them on how to get into ecommerce themselves as you'll hear.
It's another great example of what's possible when you learn the basics of Amazon the way we teach it - the flexibility of location is powerful and you won't believe what he's been able to achieve so fast in his young journey of only a few months as a REPLENS student of our training!
This episode is sponsored by the https://JimCockrumCoaching.com team!
We have nearly 60 coaches currently. Set up a time to chat with us about coaching if you are ready to speed up your journey towards having a real business that you can be proud to own. Get a free session with a business consultant on our team at 1-800-994-1792 or set up a calendar date at https://SilentJim.com/bookacall
Watch this episode on our YouTuve channel: https://youtu.be/yMv4Amf_Owc
Show note LINKS:
SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book!
TheProvenConference.com - So much information and great networking at our LIVE event. We'll have Rabbi Lapin as our keynote speaker and 40 break out sessions at the upcoming event in May 2024 in Orlando!
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
https://PrepCenterNetwork.com - Need a hand in prepping inventory? We have a list of all known Amazon seller prep centers worldwide. If you know of a prep center that’s not listed, please let us know!
Today's guest Roger Dunn
Once per week or so our Amazon seller leadership team and I love to go live on Zoom with whoever can join us and answer as many ecommerce and Amazon selling related questions as possible. We love to capture the best moments from these Monday night sessions for you and turn them into a podcast episode.
Jim gives us an introduction and background on SilentJim.com and the ProvenAmazonCourse.com
Coach intro to Kickstart Bootcamp - Robin Joy gives an overview
Podcast best hits -- Jim covers which episodes are most helpful and popular with our listeners of the Silent Sales Machine Radio podcast https://silentjim.com/podcast
Lots of discussion on why Keepa is so important to your Amazon business
Question
My question is, I'm in Canada and I did start my journey as a private label seller and that didn't go too well and then I joined you I think a year ago, should I sell here or in the US?
You have a very unique advantage living in Canada. We've got some cross border training coming from Debbie on our team here and we're going to actually be rolling it out at the conference in May. https://theprovenconference.com
Question
My question is how do I do replens? I've always done replens and home goods products which sell very well but I have to get my income up more.
Replens definition
Let's talk about what a replen is real quick.
The difference between where you are now and having a business where you pay someone to put tape on boxes which is $12 $15 an hour work, you need to be spending time perfecting your Keepa skills.
You really got to dive into replens, find test worthy asins and build your book of ASINs
When you start off in the Proven Amazon Course you're going to start off with Amazon 101, then both Replens courses we offer in the PAC. You will see exactly where to start on the tab "get started" and that's going to keep you busy the next three or four months.
Question
What podcast could help me understand keepa charts?
If you want a shortcut get the course get the proven Amazon course go through Kickstart. https://silentjim.com/kickstart/
Podcast episodes which are helpful and fan favorites. Episodes 369 is the go to beginner's understanding of how we use Keepa, then episodes 612, 554, 555, 754 at https://silentjim.com/podcast
For those of you who around earlier when I was mentioning it podcast episode 754 is our interview with Khang Dang. He's brilliant and created a software program to help manage his multimillion dollar Amazon business. We're very proud of how low we're going to make the price on this thing. https://silentjim.com/thesystem
Question
Someone asked if there's any repricing training inside the Proven Amazon Course. Yes, there is. Bqool is one of our great sponsors.
Repricer training - Bqool training module inside the ProvenAmazonCourse.com (direct link) https://learning.silentsalesmachine.com/members/courses/bqool/
Bqool webpage with group special https://SilentJim.com/repricer
Support
Questions for us? If you got any questions about anything that we talked about tonight you can always contact our support team at support@silentsalesmachine.com
On today’s new podcast episode we meet a married couple who began their Amazon selling journey just a few short months ago.
They are ProvenAmazonCourse.com students who quickly jumped into our coaching program as well and they are doing great!
As you'll hear, they have made incredible progress in a very short time! You’ll hear what types of products that are selling, how they find a new "test worthy asins", and all the realities of the day today routines they’ve established to give them an incredible trajectory towards a very bright financial future.
They are also joining us in Orlando at the upcoming TheProvenConference.com event along with nearly 700 registered attendees May 23-25th! If you can't make it, be sure to grab livestream access as soon as possible on that same website while it's on sale!
Watch this episode on our YouTube channel here https://youtu.be/yi63GHcMDnE
Check out our sponsor for this episode. Aura https://try.goaura.com/jim
Aura is the modern Amazon repricer, powered by AI. Leverage advanced features like Maven and Hyperdrive to safeguard your margins and keep you competitive. Start growing your sales profitably by automating your pricing—in under 10 minutes. Claim your free 14-day trial today, no credit card required.
If you're a new Amazon seller doing under $10k per month, you'll want to check out Aura's Early Stage program. Get access to Aura's advanced features for only $27/mo for up to 12 months. Visit https://try.goaura.com/jim-early-stage
Today's guests Silas and Christine Anderson
Show note LINKS:
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
SilentSalesMachine.com - text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online or visit silentjim.com/free11!
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
Sorry to burst your bubble, but after helping hundreds of students succeed on Amazon last year we are positive that "There is No Magic Formula".
We can teach you the SYSTEM, but there are lessons to learn and opportunity comes with a steady ongoing learning curve.
This new podcast episode discusses the opportunities and complexities of finding profitable Amazon products (aka Amazon Standard Identification Numbers or ASINs).
We address the common misconception that there's a simple magic formula for success in selecting "winning profitable" ASINs. There just isn't!
The discussion emphasizes the importance of matching any ASIN you find with a reputable source, avoiding third-party sellers, ensuring brand accuracy, and verifying listing details. It further highlights that testing is crucial for gaining experience, understanding inventory placement, improving account health, receiving seller feedback, and uncovering profit opportunities.
Once you have these habits, you will be an ASIN hunting NINJA, but until then, you're taking unnecessary risks and cutting your success short!
The episode advises testing safely by choosing fast-moving items, protecting capital, and being open to testing rather than finding reasons not to. It concludes that there's no universal formula for testing or replenishing ASINs, stressing that experience and inventory control, even with a small number of units, are key to making informed decisions.
The importance of diligence and careful evaluation is underscored in the conclusion.
Special guest at the conclusion of today's show, Jeff Schick of https://JeffSchick.com answers the question: "Can the actions I take with my amazon SHOPPING (buyer) account effect my Amazon SELLER account?"
Watch this episode on our YouTube channel: https://youtu.be/ss8W5rfeLZE
Show note LINKS:
SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book!
TheProvenConference.com - so much information and great networking at our LIVE event. We'll have Rabbi Lapin as our keynote speaker and 40 break out sessions at the upcoming event in May 2024 in Orlando!
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
Today's all new podcast episode is yet another fantastic Proven Amazon Course success story student!
Sharon is a full-time teacher, but with her spare time she’s built an incredible Amazon business!
With the help of coaches on our team, she has built successful branded bundles and is also using our REPLENS selling strategies as taught in the ProvenAmazonCourse.com course.
You pick up several valuable strategies and tips from our discussion with Sharon today.
Watch this episode on our YouTube channel here: https://youtu.be/ApyRXTeHz_k
Today's show is sponsored by Getida http://silentjim.com/reimburse - the free service that finds money Amazon owes you
Show note LINKS:
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
ProvenBrandedBundles.com - added to the ProvenAmazonCourse.com library as of mid-April 2024!
Come meet your fellow listeners to this podcast, dozens of our coaches and hundreds of business building warriors at our live event in May! Tickets are on sale now! TheProvenConference.com/orlando/
SilentSalesMachine.com - text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online or visit silentjim.com/free11!
SilentJim.com/bookacall - schedule a call with our coaching team to discuss your Amazon business
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here!
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
Silentjim.com/affiliates - get paid to refer others to any of our free and paid resources
Humnbird.com - They specialize in everything from Intellectual Property, Trademarks, Patents, Corporation Setup to Branding, Design and Marketing. We recommend their affordable systems and solutions giving you everything you need to for your wholesale and private label business even overseas!
JeffSchick.com - the amazon policy expert and lawyer used by many in our community
Today's guest: Sharon Atherton
Once per week or so our Amazon seller leadership team and I love to go live on Zoom with whoever can join us and answer as many ecommerce and Amazon selling related questions as possible. We love to capture the best moments from these Monday night sessions for you and turn them into a podcast episode.
Intro topics
Jim gives us background on the My Silent Team Facebook group and how to join.
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam 100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams
Proven Conference and Scholarship
Coach intro to Kickstart Bootcamp
Discussion on 100 ASIN class - Robin Joy gives an overview
Podcast overview -- Jim covers Coaches Corner and what happens on that episode each week on Silent Sales Machine Radio podcast and he talks about our upgrade to the podcast page - new LOOK https://silentjim.com/podcast
Questions from the group participants:
Question - What is the difference between Jungle Scout and Keepa?
One of the best tools we recommend is Keepa which allows a quick decision based on good data that we
Listen to episode #369 at https://silentjim.com/podcast to hear the best information we teach about Keepa
Keepa link - https://silenjim.com/keepa
Question - I use Bqool repricer and need help with a setting, can you help?
Bqool - https://silentjim.com/repricer
Facebook group - great question for our FB group
https://www.facebook.com/groups/mysilentteam
Question - Can you still do ra when you change to a wholesale account?
Podcast #807 is an example of building an Amazon Business where our student uses several different business models in one selling account.
PROVEN Branded Bundles -we're going to be adding this course to our PAC this month!
https://PROVEN Branded Bundles.com
Question - Does the old buying inventory 3x rule still work selling on Amazon?
The answer is it depends!
Use a great tool to be well informed
https://provenamazoncourse.com/revseller - gives you a quick estimate of the fees
Question-If I leave an as I'm run out of an as out of a stock and I'm not sure if I'm going to continue with that ASIN or not? Do I have to close it out or can I leave it as it is?
Not an issue but there are considerations here.
Question -If Amazon is on the listing should I avoid that ASIN?
More thoughts on this strategy a bit later in the show.
Question - When I get good inventory listed I get a letter from the supplier saying that I am not authorized to sell, how do I deal with this?
Jeff Schick is a terrific resource here https://jeffschick.com
Asking on the MST Facebook group with hidden details is helpful in discerning if the letters are legit
The Keepa chart's sharp decline of sellers is a hint that the brand may be best to stay away from - "grumpy brands"
Question: Are we allowed Amazon to Amazon Flips?
Yep! Don't use your Prime account.
Question: Should I set my price higher than the Buy Box price for 3-4 weeks?
Podcast #554 - Above the Buy Box pricing
Question - Why it doesn’t always matter that Amazon is selling on the ASIN?
Sometimes Amazon being on the listing is better for boosted ranks of your product.
Buy Box crucial information
Question: Do you try to win the buy box or match the buy box?
https://silent Jim.combb70 - our Facebook chat of all Jim's examples of selling at a higher price
Podcast 554, 555, 612 - these episodes highlight Above the Buy Box pricing
Be sure to be well informed in the Replens training in our Proven Amazon Course before diving too deeply in this strategy
Suppressed Buy Box
Jim explains what that means. How it can be a plus on your product listings.
For over 20 years, the only income my family and I have had is from multiple online ventures. I've learned many valuable lessons about growing online streams of revenue over this time and on today's episode I break down the most important elements of the journey.
I explain why we start the vast majority of our new students with Amazon selling. I also discuss the three categories of opportunity that we see online (all business ideas online fit into one of these three).
If you can BUILD SYSTEMS (automate processes) and PURSUE RELATIONSHIPS (surround yourself with others on a similar journey) you can also build great income streams online.
Today's episode is sponsored by Sellerboard
Check out sellerboard - THE accurate profit analytics tool for Amazon sellers that helps you calculate your profit precisely accounting for all hidden fees and in real time. Use our link and get a TWO month free trial: https://SilentJim.com/numbers
Watch this episode on our YouTube channel here: https://youtu.be/9V-gRYBJGwQ
Show note LINKS:
SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book in audio!
TheProvenConference.com - there is so much information, training and great networking at our LIVE event. We'll have Rabbi Lapin as our keynote speaker and 40 break out sessions at the upcoming event in May 2024 in Orlando!
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
On today's new podcast episode you'll meet a coach on our team who is running a $500K+ Amazon REPLENS business with his wife.
When covid slowed their family business to a crawl they knew they had to find a flexible, scalable biz model to replace the income and they've found it in the REPLENS strategies as taught in the ProvenAmazonCourse.com course.
You'll hear about what they sell, how they find their inventory, how they've scaled with virtual assistants from the Philippines as well as details on the other strategies they are branching into currently.
Sponsored by Arbitrage Card - Save cash with DISCOUNTED GIFT CARDS! A member of our community has put together a free eBook on this topic which includes a basic introduction to gift cards as well as some tips and resources that can benefit even those who are already experienced with gift cards. Get the free report at: silentjim.com/giftcards
Watch this episode on our YouTube channel: https://youtu.be/RXUGVWUHBa4
Show note LINKS:
Come meet your fellow listeners to this podcast, dozens of our coaches and hundreds of business building warriors at our live event in May! Tickets are on sale now! TheProvenConference.com/orlando/
https://JimCockrumCoaching.com - get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! Or grab a slot on our calendar at https://SilentJim.com/bookacall
SilentSalesMachine.com - text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online or visit https://silentsalesmachine.com/ssm11/ffv11/!
My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
https://PrepCenterNetwork.com - need a hand in prepping inventory? We have a list of all known Amazon seller prep centers worldwide. If you know of a prep center that’s not listed, please let us know!
Today's guest: Ed Dassie
In today's weekend episode we have highlights of a prior show.
Today's guest only learned of Amazon REPLENS just a few short months ago. She's a busy mom working full-time and pursuing a business degree but she's managed to just have a very healthy five figure month on Amazon using the strategies as taught in the ProvenAmazonCourse.com course.
We covered episode #775 - Busy mom pursuing a college degree while also building a beautiful Amazon business. The full episode can be heard at https://silentjim.com/podcast
Highlights include:
Jim gives some introductory information: www.theprovenconference.com in order to register for the annual conference - May 23-25, 2024 in Orlando, FL!
Book a free call with Jim’s team regarding coaching (every coach has their own successful Amazon business!) www.silentjim.com/bookacall
The guest details her journey in the e-commerce world which started with Mercari and Poshmark before she found Amazon. She discusses ASD in Las Vega. Now that it’s the beginning of 2024, she is re-evaluating how to keep the momentum going and how to continue to grow!
The guest shares with Jim that during December, her sourcing was about 40% wholesale and 60% RA/OA. Jim encourages her to keep the wholesale going since she has already learned a lot (typically we do not recommend new sellers start with wholesale). But Jim REALLY encourages the guest to focus on the low hanging fruit while she is trying to ramp up and to do more RA and OA! Jim recommends Podcast #369 for all things Keepa! The guest mentions Seller Amp, which estimates sales per month (from Keepa data). Jim reminds the listeners to not get emotionally attached to any ASINs!
The guest had an incredibly busy Q4 with merchant fulfilling her sales! Jim then asks the guest what her process is for finding winning ASINs! The guest shares that she uses reverse sourcing and Jim affirms that this is an acceptable method to find test worthy ASINs
The guest shares how she found out that her boyfriend’s boss sells on Amazon as well. She was excited to know someone so close who is doing the same thing! Reminder that you can use the My Silent Team Facebook page to find other sellers located close to where you live! - https://www.facebook.com/groups/mysilentteam/posts/4243062552476489/
The guest asks for Jim’s favorite book recommendations (aside from the Bible!): Business Secrets from the Bible by Rabbi Daniel Lapin. (The Rabbi is going to be the keynote speaker at The Proven Conference May 23-25, 2024!)
The Blessed Life and Beyond Blessed by Pastor Robert Morris - which have to do with stewardship. Entreleadership by Dave Ramsey
The guest asks Jim about inventory management and how best to go about handling all the moving pieces! Jim recommends Podcast #754 with Khang (who is coming out with new software- www.silentjim.com/system). Replen Dashboard is another good option (Jimmy Smith).
Sponsored by Buy or Sell on Amazon
If you are well positioned to take advantage of buying an established Amazon account at the start of your Amazon journey, it can make sense to do so! Benefits include potentially far faster payouts, fewer category or storage restrictions, a better seller rating on the platform and an established account health reputation with Amazon - just to name a few. Read about the only Buy/Sell services we like at: https://SilentJim.com/buyorsell
Show note LINKS:
The Replens Dashboard - Replen Dashboard accurately tracks product movement and trends to help you with buying decisions and inventory projections. An awesome piece of software to keep all of your records straight! https://replendashboard.com?lmref=jEcJkw
https://PrepCenterNetwork.com - Need a hand in prepping inventory? We have a list of all known Amazon seller prep centers worldwide. If you know of a prep center that’s not listed, please let us know!
In a recent popular facebook post we discussed the most common ways we see especially new sellers on Amazon FAIL. Many mistakes are common among even the most experienced sellers as well however.
The Facebook post took on a bit of a life of its own with some great participation from the community.
The bottom line is this -if you avoid these common "traps" your odds of building a great business goes WAY up as you've heard from 100s of ProvenAmazonCourse.com students on other episodes of our show!
Watch this episode on our YouTube channel here: https://youtu.be/Gzr_CVpLc0Q
Show note LINKS:
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
Direct link to the discussion referenced in this episode on the MST Facebook group: https://www.facebook.com/groups/mysilentteam/posts/7251143928334988/
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
TheProvenConference.com/scholarship - We will be awarding some scholarships to this year's Proven Conference in Orlando, FL - May 23-25. If you would like to be considered for free admission scholarships for you and your family/team/guests, which will grant you all access to the event Free of charge, please complete this application below. NOTE: Transportation to the event, overnight accommodations, and meals are NOT included, you will be responsible for those yourself.
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
SilentSalesMachine.com - text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online or visit https://silentsalesmachine.com/ssm11/ffv11/!
We’ve identified 10 reasons why especially new Amazon sellers (or sellers who are struggling) on Amazon should find as many ASINs (new products) to test as possible and they should do it as soon as possible in order to make their odds of success as great as possible.
While this may seem obvious, we’ve observed that many sellers try to find a handful of magic products that will boost them into the business they desire. Rarely is that what happens however. On today’s episode, we dive into the reasons you should find numerous products to test as well as some strategies for doing exactly that.
Here are 10 Reasons you should build a strong foundation as quickly as possible
1. Hard to find averages when going ASIN by ASIN
Book of biz leads to Averages leads to predictability.
Increasing profits and decreasing expenses is much more impactful on a book of business than on a few ASINs.
2. Diversity
A solid foundation allows for branching out while maintaining revenues.
There are so many different categories and subs that we will never run out of new areas to source in.
3. IPI Score
A foundational book of business helps you understand the metrics that make up the IPI Score
Helps keep level inventory numbers.
4. Anything can happen to any ASIN
When you have only a few ASINs, anything that happens to any ASIN can really hurt.
When there are more ASINs, the overall impact is smaller.
5 Keeps risk low
Spreading your risk over many different listings can make the risk of losing all much lower and the chances of profiting overall much higher.
6. Easier to outsource
Putting together a foundational book of business makes it much easier to compile standard operating procedures and best practices.
When you outsource, it is much easier to hand that off.
7. Economies of Scale
AKA Critical Mass
Helps with inbound transportation, purchasing supplies, paying contractors, justifying expenses and subscriptions
8. Account Health Rating
New sellers all start with a score of 200 and anything less than 200 is
Any policy adherence issues deduct points from your score.
Increase score by 4 points for every 200 successful sales in a rolling 180-day period.
Riskiest time is when trying to build that first 200 sales so get it done as quickly as possible.
9. Lifting of restrictions
How many stories have we heard about sellers who had things ungated and they didn’t even know? They were just open one day. This is what happens when you focus on working with what you have available to you.
10. Make more money!
Isn’t this why we’re all here?
Let’s make some car payments, some house payments
Let’s bring moms and dads home!
Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: What is "section three" and why was it such a big deal a few months ago? What have we learned?
Watch this episode on our YouTube channel here: https://youtu.be/CYVGcCEjLV4
Show notes LINKS:
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ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
TheProvenConference.com - We have over 40 break out sessions at the upcoming event in May 2024 in Orlando and yu can spend time with coach Brian and Robin Joy
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