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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#632: Our weekly highlights and recap of powerful business lessons
#631: The best reasons for not having an Amazon selling business
#630: Common pitfalls we see among our Amazon selling coaching students
#629: High School teachers build their dream retirement with Amazon
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#627: Struggled to launch a private label product but then she discovered REPLENS
#626: Practical strategies for Amazon success from some of the top coaches on our team!
#625: Building multiple income streams on Amazon with a REPLENS foundation
#624: Selling physical goods on Amazon can be hands free - here's how
#623: A beautiful partnership leads to an amazing Amazon business
#622: From full-time pharmacist to Amazon business building homeschooling mom
#621: Our weekly highlights and recap of powerful business lessons
#620: Leaving full-time job because he earns more working fewer hours with Amazon REPLENS
#619: Getting paid while you learn Amazon REPLENS system
#618: This coaching student's journey is a journey of mindset and consistency
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#616: Couple works full time and still found 200+ profitable Amazon products their FIRST full month
#615: Top five lessons from 20 years of living on ecommerce income
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#613: Four months into Amazon REPLENS and these lifelong friends are seeing exciting results
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