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).
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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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#652: Our weekly highlights and recap of powerful business lessons
#651: An interview with a PAC/coaching student who already has 500 products for Amazon
#650: Strategies to move you forward faster with your Amazon business
#649: Selling branded bundles and building a seven figure empire
#648: Our weekly highlights and recap of powerful business lessons
#647: Our new "bot" strategy for finding great inventory for Amazon sellers
#646: Create and celebrate the small wins on your way to a great Amazon business
#645: Young couple building their dream business on Amazon
#644: Our weekly highlights and recap of powerful business lessons
#643: Couple hopes to soon have the option to give up her three hour daily commute to work
#642: Are you ignoring retail store sourcing unnecessarily?
#641: The "gray areas" of opportunity when selling on Amazon
#640: Our weekly highlights and recap of powerful business lessons
#639: Her real estate career slowed, but her Amazon REPLENS business is taking off
#638: A live Amazon Q/A with 50 students
#637: Moved to US from Vietnam in 2020 & launched a seven figure Amazon biz
#636: Our weekly highlights and recap of powerful business lessons
#635: Finding 200 profitable replens quickly with the Amazon REPLENS model PART II
#634: Finding 200 profitable replens quickly with the Amazon replens model PART I
#633: Great Amazon selling lessons from our most experienced coaches
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