Today's episode is the story of a journey from "Amazon basic selling" into "Private Label". If you didn't realize it, 95% of the YouTube "gurus" talking about Amazon selling are convincing new sellers to jump straight into building their own private label brand. This is taught by most experts as, "the ONLY way to go". The truth they don’t tell you though is that an estimated 90% or more of those "PL goldrush seekers" never make a dime - they only lose big. To help avoid the heartbreak and loss, we go against the grain and teach a methodical approach to Amazon selling success. Our approach involves putting money in the bank with lower risk, fast reward models that build a profitable foundation for you BEFORE you venture into the PL arena. Today's guest is a JimCockrumCoaching.com student who talks about his gradual journey into PL after making money while learning the basics first from out team. He's built a $40-50K per month PL income stream (20% margins) and he's looking to expand off of Amazon as well.
We talk about all this and more on today's episode with Cabel McElderry from Alberta Canada
Watch this episode on our YouTube channel: https://youtu.be/JwEt8MXaImU
Check out this episode sponsor - Payoneer.com. Skip the credit checks and learn more about bringing your eCommerce vision to life by visiting https://Payoneer.com/funding. Our podcast listeners get a special 10% fee rebate on their first offer!
ProvenAmazonCourse.com - The "Proven Product Partnering" training module that Matt mentions is just one of the numerous training modules found in our flagship course called the Proven Amazon Course (PAC).
Our Facebook group - https://www.facebook.com/groups/mysilentteam
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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)
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#831: Turning your Amazon inventory sourcing approach upside down
#830: The latest ideas from our top Amazon and Ecommerce students professionally recorded and LIVE all for for $1 per session
#829: A live Amazon Q/A with our Facebook members and PAC students
#828: Help! I can't find profitable inventory - what should I do? Inspiration and instruction for new Amazon sellers.
#827: Automated OA REPLENS business running at multiple seven figures
#826: The new software that automates a multimillion Amazon REPLENS business
#825: A live Amazon Q/A with our Facebook members and PAC students
#824: New ProvenAmazonCourse.com student ramping up fast with REPLENS after struggling with other models for years
#823: All the options you'll ever need in order to succeed with an Amazon based business of any kind
#822: Leaving behind their full-time careers to go full-time with ProvenAmazonCourse.com strategies
#821: A live Amazon Q/A with our Facebook members and PAC students
#820: How scary are the latest Amazon fee and shipping changes? What's the good and bad news?
#819: As a new Amazon seller, what am I approved to sell?
#818: God called him to move to Laos from the US and his Amazon business funds his ministry!
#817: A live Amazon Q/A with our Facebook members and PAC students
#816: Couple with full time careers started in 2024 and have a growing REPLENS business already
#815: What's the one magic strategy that helps all students suddenly "get it"?
#814: High school band teacher is doing great with Amazon replens and bundles
#813: A live Amazon Q/A with our Facebook members and PAC students
#812: Lessons and insights about multiple streams of online income from a 24 year veteran
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