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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#720: A live Amazon Q/A with our Facebook members and PAC students
#719: The basic skills of Amazon and E-commerce that give you multiple opportunities with a bright future
#718: Focusing on business during turmoil? My friend in Israel loves our community and has advice for us.
#717: Our weekly highlights and recap of powerful business lessons
#716: Lifelong friends using ProvenAmazonCourse strategies for their journey to success
#715: You should be looking for ASINs instead of "winning products" on Amazon
#714: Very practical lesson learned after working with numerous overseas virtual assistants who help run my business
#713: A live Amazon Q/A with our Facebook members and PAC students
#712: Good Mistake Money and Bad Mistake Money As an Amazon seller
#711: An exclusive interview with an Amazon Exec talking about Amazon seller opportunities
#710: A live Amazon Q/A with our Facebook members and PAC students
#709: Meet a seven figure branded bundle Amazon seller who employs special needs employees
#708: Can you really have a balanced, stable Amazon selling business?
#707: Hanging out with Amazon Execs & details of our upcoming virtual conference for Amazon sellers!
#706: Our weekly highlights and recap of powerful business lessons
#705: How our top students achieve an almost unfair advantage on Amazon and in Ecommerce
#704: Our weekly highlights and recap of powerful business lessons
#703: From working in the CIA to building a beautiful Amazon business full-time
#702: Dealing with hard to sell inventory? Maybe it's time to Burn The Boats
#701: Excited about the future with an Amazon replens business ramping up
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