#594: Our weekly highlights and recap of powerful business lessons

Podcast 579 - From Doing Construction with zero Ecommerce experience to Amazon Listen at https://silentjim.com/podcast

 

Guests Brandon and Shane 

 

Links and Resources mentioned on today's show:

Keepa.com -https://get.keepa.com/ede41 - the service we use to help interpret all of the selling data. Keepa is discussed in depth on episode 369 at https://silentjim.com/podcast

PrepCenterNetwork.com - Need a hand in prepping inventory? We have a list of all known Amazon seller prep centers worldwide. If you know of a prep center that’s not listed, please let us know!

Our recommended legal advisor - Jeff Schick's website JeffSchick.com

My Silent Team Facebook group. 100% FREE! Join 71,000 + 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! 

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!

ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training. The PAC is updated free for life!

ProvenWholesaleSourcing.com - Learn wholesale sourcing strategies from a multiple seven figure Wholesale seller who has taught many on our team to find unique wholesale/replen opportunities right on Amazon. It's an amazing system.

SilentJim.com/ss - Smart Scout - the best discount Smart Scout offers for our students!

Replen Dashboard accurately tracks product movement and trends to help you with buying decisions and inventory projections. An awesome piece of software to keep all of your records straight! https://replendashboard.com?lmref=jEcJkw

ProvenReplensVA.com -We find, train and assign a VA (Virtual Assistant) to work ONLY for you as a "Replen Hunting" specialist! Visit this website to learn more!

SilentJim.com/updates - get an alert on your smartphone each time we have a new podcast episode or free training event! 

This on is on our YouTube channel here: https://youtu.be/Tc0s1A7iejo

Sponsor: Don't forget to check out sellerboard, our awesome sponsor - THE accurate profit analytics tool for Amazon sellers that helps you calculate your profit precisely accounting for all hidden fees and in real time. Use our link and get a TWO month free trial: https://SilentJim.com/numbers 

 

Summary highlights:

Brandon discusses the start of their Amazon business with the help of Rich Potter, who is the author and creator content for the ProvenWholeSaleSourcing.com module inside PAC. Brandon and Shane started searching for Replens via retail arbitrage, then online arbitrage and then quickly moved into wholesale sourcing. They also discuss use of a tool that Rich really likes - Smart Scout

 

Shane further discusses the beginning of their business and how it grew! The guests also discuss their numbers and Jim encourages them that they are on a good trajectory!

 

Guests and Jim discuss making adjustments during the 1st year of business to find even more profitable products. Keepa (Episode #369) and RevSeller are mentioned as tools that are helpful.

 

Guests discuss listing grocery replens on current ASINs (as opposed to creating new listings) and Jim suggests moving into proven bundle branding as a potential next step.

 

Guests and Jim discuss Smart Scout and wholesale sourcing opportunities. (approx 4 mins)

 

Guests and Jim discuss some bumps they’ve run into including suppressed buy boxes and “just in time” inventory planning.

 

Jim recommends Replen Dashboard as a good program to use to help with inventory planning and management.

 

Guests and Jim discuss ungating in regards to specific wholesale accounts and brands.