#756: How we are selling on Amazon at higher prices than our competition and how to ramp up on Amazon very little cash

Sourcing Without Money

·          If you have no money or your account is held up for some reason, source, source, source!

·         Had a client who was waiting on a large payout and all he did was source test worthy ASINs for 3+ months

·         When he got his payout he started sending in his test worthy ASINs and went from minimal sales to $50K in 3 months…that’s mainly run rate on tests, not much in the way of replens yet

·         BUT…more dollars = higher risk when new

·         The real value in your business is the ASINs, not the capital

Selling Above the Buy Box

·         Selling above the buy box is a strategy that works. We see it all the time.

·         There is no place to see this strategy working in Keepa and the only way to know would be to test it.

·         This is not necessarily intuitive and we don't know of another place it is being taught.

·         We could keep this information to ourselves and many would never know it, but we are sharing because we want to see you have success too

What a Difference a Day Makes

·         Working with new clients we see the day-to-day progress

·         Day 1: I can find anything to test! Day 2: I found some to test!

·         Day 31: I’m not making any sales! Day 32: I just got my first sales!

·         Perhaps the adage, it’s always darkest before the dawn is true!

·         If you just give it 1 more day the sun will come out

 

Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: When is it OK for an Amazon seller to set up new ASINs on Amazon? 

 

Watch this episode on our YouTube channel here: https://youtu.be/NwiYNxdDtBo

 

Show note LINKS:

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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/!

 

Get a free business growth consulting session with an e-commerce consultant on our coaching team. Call: 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) or grab a slot on our calendar at https://SilentJim.com/bookacall

 

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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!

 

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