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!
#482: He's earning net profit $600/hr with his Amazon replens business. Here's how.
#481: Musician leaves bartending job behind & quickly builds a beautiful Amazon REPLENS business
#480: Two moms- each selling $100K/month teach us about hands free online sourcing for Amazon REPLENS
#479: Using Amazon REPLENS model to sell $220K per month while running a prep center too
#478: How this young couple built a $1million Amazon business with the REPLENS system
#477: Amazon REPLENS helped this couple hit $20K last month at great margins
#476: Raise your prices and you'll find more winning inventory
#475: From traveling constantly with a "real job" to working Amazon from home and loving it.
#474: Young couple new to Amazon sells $30K in third month using replens
#473: What can a virtual assistant do for you? Let's talk to one!
#472: Aiming for $120K this month after hitting $50K his second month with REPLENS
#471: The most common questions we get about the Amazon seller strategy that's helped 1000s of our students
#470: Football coach sold $25K in the last 30 days with REPLENS model
#469: Selling $40K/month as a homeschooling married couple using Amazon REPLENS
#468: All of our successful Amazon students understand three simple truths
#467: A mastermind of Amazon sellers helping each other blast past $10K per month
#466: Look for ASINs instead of hot products! 100's of recent success stories with this strategy!
#465: Is the Amazon opportunity over hyped?
#464: Mom shoots for $500K in 2022 as a solo Amazon REPLEN seller
#463: Family hit their five year goal of $35K/month on Amazon within 10 months with REPLENS
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