#316: 10 things our top students know about Amazon success
Silent Sales Machine Radio
Jim Cockrum
4.8 • 811 Ratings
🗓️ 28 September 2020
⏱️ 50 minutes
🧾️ Download transcript
Summary
Do you hate scanning barcodes to find inventory? (We do too- and we don't have to!) Are you tired of "racing to the bottom" with your prices on Amazon? (We've found a solution!) Are competitors coming out with similar offers and hurting your biz? (There are strategies to prevent this!) Are you convinced that Private Label products (your own product) is the ONLY way to truly build a biz on Amazon? (That's simply NOT true!) If any of these are thoughts you've ever had about Amazon, you NEED this episode!
Check out the BEST way to get paid daily on Amazon Payability: http://go.payability.com/Jim
As always all links can be found at SilentJim.com
LINK:
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon modules, events and training including of course REPLENS (updated free for life).
Episode 311 - the episode you MUST listen to if you are learning Amazon selling from youtube
Humnbird.com - the branding/trademark company we refer all our students to
Keepa - the one app that we suggest for replens training
The note from Tim that Jim reads:https://www.facebook.com/groups/mysilentteam/permalink/3332372260212194/
The note from Janet that Jim reads:
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Silent Sales Machine Radio. This is your host, Jim. And today we're going to talk about some misconceptions that are very common. We have a lot of new people joining our community each week. Our Facebook group grows by a few hundred people every week. A lot of new people joining in, |
| 0:23.0 | listening to this podcast. Thank you, by the way, for spreading the word. We have a zero-dollar |
| 0:28.1 | marketing budget for this podcast. The only way word spreads is when you tell people about it. |
| 0:32.9 | And obviously, you're doing a lot of that because our numbers continue to grow, the number of listeners |
| 0:38.1 | continues to grow. So thank you for that. But some of the most common misconceptions that |
| 0:43.4 | people bring into our community and some of the misconceptions that sometimes people use |
| 0:49.0 | to talk themselves out of launching internet-based income streams, including most prominently Amazon. A lot of the |
| 0:59.5 | misconceptions I'm going to talk about today are Amazon-related. If you're looking for a reason |
| 1:05.8 | to not take action, if you're looking for an excuse to not try a concept, there's plenty of people |
| 1:13.9 | out there who will bury you in excuses and reasons. You can come up with them on your own or you can |
| 1:19.2 | find an article and you can search for reasons not to like something. Well, let me remind you |
| 1:26.0 | of a couple facts before we dive into the misconceptions. |
| 1:30.1 | Fact number one, half of all internet transactions happening in the United States right now |
| 1:35.8 | are on Amazon and globally, e-commerce is exploding. It's not going back anytime soon. There's numerous articles that will attest to the fact |
| 1:46.4 | that the world has now shifted in the direction of e-commerce in a very big way. Traditional retail |
| 1:53.8 | is still the vast majority of all consumer spending, but e-commerce is quickly catching up. So the next two, five, |
| 2:04.1 | 10 years, e-commerce is going to be exploding. And specifically, Amazon is exploding right now |
| 2:12.5 | with activity. We are teaching people more consistently than anyone in the industry that I'm aware of how to go from knowing nothing to putting money in the bank using Amazon very quickly, growing a stable business. |
| 2:29.9 | And 95% of the people on YouTube that you might be listening to right now talking about Amazon |
| 2:35.8 | business are using a very different model than what we use. |
| 2:40.6 | And a lot of those experts are creating some misconceptions that wind up talking people |
| 2:46.3 | out of pursuing a very lucrative opportunity that can be done part-time on the side. |
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