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Silent Sales Machine Radio

#285: Three experts on the topic of Amazon price gouging issues

Silent Sales Machine Radio

Jim Cockrum

Entrepreneurship, Business, Careers

4.8 • 811 Ratings

šŸ—“ļø 6 June 2020

ā±ļø 92 minutes

šŸ§¾ļø Download transcript

Summary

During the virus chaos there have been an unusualĀ number of sellers who have complained about Amazon's fair price warnings and gouging issues. While this is a topic we've already discussed recently in other episodes, today I tracked down three of the top experts who can help us dive a bit deeper on the topic. Each of our guests today provide us with similar, but unique perspectives on the issue because each of them provide sellers with assistance if/when they are suspended or threatened with suspension by Amazon. You'll learn what products to avoid, when we think the chaos will end, and what your odds are of permanentĀ account loss on today's episode. While it may not sound like an encouraging episode from this
description so far, it truly is once you know all the facts. Knowing the "rules of the game" gives you a big advantage!
See the video recording here. https://youtu.be/bBx162lF-_4
Ā 

Interview #1 - Lesley Hensell /Riverbend Consulting

Web site: www.riverbendconsulting.com

Blog: https://www.riverbendconsulting.com/who-we-are/our-blog/

Phone: 877-289-1017

Email: sales@riverbendconsulting.com

We have a lot of videos and links to blogs on our facebook page: https://www.facebook.com/RiverbendConsultingLLC

Interview #2: Scott Margolius / eCom Seller Tools

Website: www.ecomsellertools.com

Phone number: 855-778-0077

Email: scott@ecomsellertools.com

GetĀ  a quick quote: http://ecomsellertools.com/go/suspended

Interview #3 -Ā  Cynthia Stine / eGrowth Partners

Support Line: US: (972)432-6398

Support Email: hello@egrowthpartners.com

Website: https://egrowthpartners.com/

Here's the blog that Cynthia talked about fair pricing.Ā "Federal fair pricing for Covid": https://bit.ly/2WTqKXx

Here's a bunch of links and data Cynthia would like to pass-on: Florida's Price Gouging Statute:Ā  https://bit.ly/2yqUdid

Transcript

Click on a timestamp to play from that location

0:00.0

This is Jim. Welcome to Silent Sales Machine Radio. I worked really hard on this episode today. I actually interviewed three different guests, each individually. And no, I didn't do a wardrobe change each time. It happened to be on different days each time, which was interesting to do as we compiled this episode on the topic of fair price warnings on

0:23.7

Amazon. If you're an Amazon seller and you're selling anything that is considered an essential,

0:29.6

which is a term that's up for debate, what is essential, what isn't essential, who knows where

0:33.9

that list is. That's something we talk about. But if you're selling these essential items right now, well, price gouging comes into play.

0:41.0

What is gouging?

0:41.9

Who gets to define what is and isn't gouging?

0:44.0

We're going to talk about that today.

0:46.5

So these fair price warnings, these gouging issues that some sellers are running into,

0:50.8

what are the safe categories to sell in right now where you don't have to worry about this.

0:55.0

And the good news is even if you do get some of these fair price warnings and you have to come

0:59.9

up with a POA, which is a plan of action, you can rest assured that 95 plus percent of everybody

1:07.5

who's going through this process is coming out successfully with their account intact.

1:12.8

Unless you truly are doing something seriously underhanded or illegal, you're going to be just fine.

1:18.8

Now, it's taken a little extra time as well right now because Amazon is seeing a lot of cases right now.

1:24.6

They're trying to protect themselves.

1:25.9

And I'm going to dive into this topic today

1:27.9

with three different experts. The experts we've chosen are people who work with our community on a

1:32.2

regular basis. They've helped students of our proven Amazon course who have had the misfortune

1:38.5

of being temporarily suspended at some point to get their account back. Now, you don't always need to go hire a pro if

1:45.6

you're suspended. As we'll learn today, you can quite often handle it yourself. And we're going to

1:50.8

talk to three experts who can help us navigate this with hopefully the lowest amount of stress possible,

1:57.1

the least amount of anxiety possible. Yes, we've gone through a strange time the past

...

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