Sorry to burst your bubble, but after helping hundreds of students succeed on Amazon last year we are positive that "There is No Magic Formula".
We can teach you the SYSTEM, but there are lessons to learn and opportunity comes with a steady ongoing learning curve.
This new podcast episode discusses the opportunities and complexities of finding profitable Amazon products (aka Amazon Standard Identification Numbers or ASINs).
We address the common misconception that there's a simple magic formula for success in selecting "winning profitable" ASINs. There just isn't!
The discussion emphasizes the importance of matching any ASIN you find with a reputable source, avoiding third-party sellers, ensuring brand accuracy, and verifying listing details. It further highlights that testing is crucial for gaining experience, understanding inventory placement, improving account health, receiving seller feedback, and uncovering profit opportunities.
Once you have these habits, you will be an ASIN hunting NINJA, but until then, you're taking unnecessary risks and cutting your success short!
The episode advises testing safely by choosing fast-moving items, protecting capital, and being open to testing rather than finding reasons not to. It concludes that there's no universal formula for testing or replenishing ASINs, stressing that experience and inventory control, even with a small number of units, are key to making informed decisions.
The importance of diligence and careful evaluation is underscored in the conclusion.
Special guest at the conclusion of today's show, Jeff Schick of https://JeffSchick.com answers the question: "Can the actions I take with my amazon SHOPPING (buyer) account effect my Amazon SELLER account?"
Watch this episode on our YouTube channel: https://youtu.be/ss8W5rfeLZE
Show note LINKS:
SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book!
TheProvenConference.com - so much information and great networking at our LIVE event. We'll have Rabbi Lapin as our keynote speaker and 40 break out sessions at the upcoming event in May 2024 in Orlando!
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
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!
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) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
#771: Young married couple aiming for a career with Amazon selling and Ecommerce
#770: Our weekly highlights and recap of powerful business lessons
#769: From loyal eBay seller to new Amazon Replen seller who just had a $50K month
#768: The unexpected benefits of testing different products on Amazon
#767: School principal builds incredible Amazon business selling in US from New Zealand and finds a new career
#766: A live Amazon Q/A with our Facebook members and PAC students
#765: Dad works full-time but has built a beautiful business with REPLENS and branded bundles
#764: I think we've proven this is the lowest risk, highest odds of success Amazon opportunity ever
#763: From zero ecommerce experience to a multiple five figure biz in a few months
#762: Our weekly highlights and recap of powerful business lessons
#761: Twenty reasons Amazon sellers should be ecstatic about 2024
#760: Are you trying to replace your job or your income? Plus some big announcements!
#759: Many are getting big monthly payouts from Amazon for simply uploading short videos to Amazon
#758: A live Amazon Q/A with our Facebook members and PAC students
#757: Another five figure per month REPLENS seller shares his insights
#756: How we are selling on Amazon at higher prices than our competition and how to ramp up on Amazon very little cash
#755: Our weekly highlights and recap of powerful business lessons
#754: Fully automated OA REPLENS business doing multiple seven figures
#753: Another Amazon seller going full-time online in 2024 based on Proven Amazon Course training
#752: Building an automated Amazon business in the US from Dubai using REPLENS
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Organic Marketing Simplified: Effective podcasting strategy for growth and monetization
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Tim Ferriss Show