Once per week or so I love to go live on Zoom in the Facebook group with whoever can join me and answer as many ecommerce and Amazon selling related questions as possible. Recently, we recorded one of these sessions for you. The questions we discussed this time clarify what is the "replens model", my background story in doing this over twenty years, how to get around gated categories as a new seller, the difference between a brand and a category, and how to better understand profit margins. This episode has great tips and resources for all skill levels of sellers - enjoy!
If you'd like to join us for a live zoom session, the next one is Monday July 17th at 5PM ET (New York time) and you are invited to join us using this zoom link: https://us06web.zoom.us/j/84823798446
Questions and comments:
Jim does an introduction regarding the Replens Model, the Proven Amazon Course and MySilentTeam Facebook page
Jim gives some background to his multiple streams of e-commerce income and how this has provided for his family for many years
The guest asks Jim how to best test ASINs when it is difficult to source the items locally. Jim offers suggestions as well as emphasizes how important relationships are in this business!
Jim discusses the Proven Brand Bundle course and how he is seeing some really successful stories come out of using this method.
The guest asks Jim about being a new seller and being gated. Jim suggests the following categories for new sellers as these categories are not gated: sports and outdoor, kitchen, bath, household goods, arts and crafts, pet supplies (not food). After selling approximately 30-40 units, the gates will start to “fall open!” Jim also recommends the this course for selling books: provenamazoncourse.com/safebookprofits
Jim discusses being approved for categories vs brands. He also discusses First Sale Doctrine and shares a good Nike story! Jim also shares his confidence with Amazon selling for the upcoming years!
Jim discusses net profit (margin) and what that looks like for Amazon sellers (depending on where the seller is in their business)
Show note LINKS:
My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE! Join 70,000 + 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!
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!
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!
SilentJim.com/updates - get an alert on your smartphone each time we have a new podcast episode or free training event!
#903: This weekend update about our virtual conference and a great tip using Amazon's seller forums is ready for you
#902: Weekend update is about getting ready for fourth quarter and welcoming new listeners
#901: Our virtual conference starts FRIDAY and a new Keepa course
#900: A coaching student who didn't expect to need an Amazon business and is grateful for support
#899: Latest announcements and overview for our newest students
#898: The most thorough and most cutting edge Keepa insights to date for Amazon sellers
#897: An overview episode: THE definition of Replens
#896: From REPLENS to launching a successful brand on Amazon
#895: Latest announcements and overview for our newest students
#894: Interview with a mentor about how much most guys need stronger relationships
#893: 7 Core Competencies of an Amazon seller part 7- BUSINESS ACUMEN
#892: I might be changing my mind about leads lists for Amazon sellers
#891: Does the perfect business exist online? Have we found it? Let's talk about it.
#890: Student has his first $1k day just a couple weeks into coaching
#889: 7 Core Competencies of an Amazon seller part 6 - REPLENISHING
#888: A journey from humble beginnings on Amazon to multiple income streams
#887: Amazon selling student building multiple income streams and now a coach on our team
#886: 7 Core Competencies of an Amazon seller part 5 - PRICING
#885: These Wholesale sourcing strategies are powerful! ProvenWholesaleSourcing.com has launched!
#884: A live Q/A with our Facebook members and PAC students
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