Once per week or so our Amazon seller leadership team and I love to go live on Zoom with whoever can join us and answer as many ecommerce and Amazon selling related questions as possible. We love to capture the best moments from these Monday night sessions for you and turn them into a podcast episode.
Here are several summary answers recorded for you:
Jim gives what he calls an “infomercial” to launch this Facebook live! The My Silent Team Facebook group now has 75,000 members strong! Jim has about 60 coaches on his team, all of whom have their own robust Amazon businesses! Jim has earned a living from e-commerce alone for over 20 years and he loves what he does!
Jim introduces Nathan Bailey, who has worked with him for 20 years now (primarily in the coaching department)! “The mission is bigger than the man” in this community and we really want everyone to succeed! Jim shares the candlelight vs cake mentality which is a poverty vs abundance mindset that we really emphasize in this community! Jim and Nathan explain the “inch deep, mile wide” approach that we want new sellers to follow when starting. Podcast episode 554 talks about the “selling above the buy box” strategy.
Jim outlines 3 red flags to be on the lookout for when reading Keepa: If listed as a generic brand - do not list on it!! (means it is likely mis-branded) Jim discusses pricing requests that Amazon sometimes makes and how to handle those The guest asks Jim about product safety certificates and how he should go about handling the situation. Jim recommends listening to Podcast episode 754 to hear about the possibilities with the Replens model. Coach Nathan Bailey answers the guest’s questions about trademarks and also shares his business which can help further with these questions - https://humnbird.com
For more experienced sellers, Jim outlines some additional ways to make an online income including consulting work - https://provenproductpartnering.com for more info. Also an Amazon influencer program - https://provenAZinfluencer.com for more info. The Proven Amazon Course (PAC) also has over 30 strategies for making money on Amazon! Jim reminds the listeners of our live event https://theprovenconference.com, which is coming May 2024. It will have over 40 break out sessions as well as many new strategies for Amazon selling!
Jim explains in detail what “Replens” means and how it is the lowest hanging fruit opportunity to make money on Amazon! It is low risk, has the lowest price point for entry and the highest odds of success. It is essentially finding the underserved or “test worthy” ASINs on Amazon and “replenishing” the products as they sell. This is just one of many ways to make money on Amazon but it’s the best place for new sellers to start! Jim also highly recommends new sellers listen to the following Podcasts - Episodes 369 - Keepa; 554-555 - how to find good products to test; 612 - the 3 step test; 754 - an incredible scaling of a Replens business at https://silentjim.com/podcast
Show note LINKS:
My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam 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!
https://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!
#605: 23 ways to find profitable inventory for Amazon sellers
#604: What are the bare minimum "must have" tools needed to succeed with Amazon REPLENS?
#603: Moving to Mexico with a beautiful Amazon REPLENS business in their pocket!
#602: Our weekly highlights and recap of powerful business lessons
#601: Cash buyers pay you for loads of books! Tap into this little known niche easily.
#600: New strategies for Amazon sellers we've tested and proven & the July live event
#599: Better returns than real estate with Amazon REPLENS? A great PAC success story
#598: Our weekly highlights and recap of powerful business lessons
#597: Young family excited about results they are seeing with Amazon REPLENS
#596: New mind blowing content at TheProvenConference.com July 6-8th
#595: Mom leaves behind Nursing and Teaching to pursue Amazon REPLENS
#594: Our weekly highlights and recap of powerful business lessons
#593: Couple in Australia sell on Amazon US with successful REPLENS business
#592: Why do we love Amazon FBA so much and tackling some common challenges sellers face
#591: Young couple navigates transitioning from two full-time jobs to running a home based Amazon biz with dad at home
#590: Our weekly highlights and recap of powerful business lessons
#589: Automating your processes as you scale your Amazon REPLENS business
#588: Amazon selling student in the UK building a great REPLENS business
#587: Funding for the startup and growth stages of your Amazon business
#586: Our weekly highlights and recap of powerful business lessons
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