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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#740: The top 10 mistakes we see especially new Amazon sellers making right now
#739: Our weekly highlights and recap of powerful business lessons
#738: Another student launching successful branded bundles joins our coaching team
#737: Zero ecommerce experience didn't stop him from an amazing three month ramp up into Amazon REPLENS
#736: Our weekly highlights and recap of powerful business lessons
#735: Put money in the bank now by having the right accountant who knows Amazon and E-commerce
#734: Amazon seller goals, easy ASINs and hard ASINs
#733: From zero computer knowledge to a multi-seven figure Amazon biz in 2 years
#732: Our weekly highlights and recap of powerful business lessons
#731: While recovering 18 months from back surgery, she built incredible Amazon income streams
#730: Lessons learned coaching numerous people to success recently selling on Amazon
#729: From living in his mom's garage to having a product in 35,000 retail stores nationally
#728: A live Amazon Q/A with our Facebook members and PAC students
#727: Profit Seeker Pro really speeds up your ability to find OA winners for Amazon
#726: Practical advice for testing and selling ASINs at higher prices than other sellers
# 725: Traveling the world with his Amazon business in his pocket - another ProvenAmazonCourse success story
#724: Our weekly highlights and recap of powerful business lessons
#723: Stepped away from her IT career to live the flexible Amazon seller lifestyle
#722: Seven steps to Amazon seller success with the REPLENS model
#721: Imagine a seven figure beautiful business with nearly all LEGOS on Amazon!
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