#320: The tough questions about building an Amazon business
Silent Sales Machine Radio
Jim Cockrum
4.8 • 811 Ratings
🗓️ 15 October 2020
⏱️ 55 minutes
🧾️ Download transcript
Summary
In this episode we address the hardest questions our community is asking about our most popular and successful Amazon seller strategy for new sellers called "replens". Early in the episode we briefly explain what the "replens" model is, and then we dive into four hard questions.
Question one: Is growing an Amazon business really worth it?
Question two: How do I avoid IP (trademark etc.) issues?
Question 3: What are the biggest hurdles I'll face as an Amazon seller.
Question 4: What are the necessary daily tasks of a successful Amazon seller?
As always, get all show notes and hear all episodes at SilentJim.com/podcast
See the interview on our YT channel: https://youtu.be/5sbR4ozqaUU
Links:
Our Free Facebook group: facebook.com/groups/mysilentteam
ProvenAmazonCourse.com/replens
SilentJim.com/ip - the IP alert software that we talk about in this episode
SilentJim.com/podcast episode 263 avoiding IP issues on Amazon
Private Replens Facebook Group (must be a student to gain access - email Support@SilentSalesMachine.com for details)
Legends Group - ProvenAmazonCourse.com/legends
Watch on youtube here: https://youtu.be/5sbR4ozqaUU
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, business building warrior at your buddy, Jim. Welcome to Silent Sales Machine Radio. |
| 0:06.5 | Today I'm introducing the expert who's going to present the rest of this episode today. |
| 0:12.9 | This content that I'm going to share with you momentarily wasn't originally created with the |
| 0:19.2 | intent of being used on our podcast. But we decided to use it |
| 0:23.4 | that way because we thought it was a very transparent peek into one of the most popular business |
| 0:28.6 | models that we teach around here, especially for new sellers, because it was information that |
| 0:33.7 | was presented in our private Facebook group just for people following that model. |
| 0:39.7 | Now I'm going to tell you what that model is in just a moment and tell you why I think this is an |
| 0:44.7 | episode that you're really going to enjoy as well. If you don't know what replins are, I need to |
| 0:50.4 | tell you that first, however. So if you know what a replant is, well, you can skip forward |
| 0:55.1 | about 60 seconds, but I'm going to explain what a replant is for those who don't know briefly. |
| 1:00.1 | And then I'll tell you about this episode and why it's going to be so valuable. A replan is any |
| 1:05.1 | product that you can sell on Amazon over and over again at a consistent pace that you can buy for full price, either online |
| 1:14.1 | or in a retail store near you, meaning it's easily replenished. You know you're going to need |
| 1:20.5 | between six and ten every month of this item. If you can go out and find 15 or 20 or 200 or 1,000, as many of our students have found, |
| 1:29.5 | of these products, and just turn them into a shopping list for shoppers who go out and |
| 1:33.4 | find the products for you as you need them, well, you've got a beautiful business model. |
| 1:38.3 | And in our opinion around here, it is the best place to start if you are wanting to make money using Amazon, not with private |
| 1:47.2 | label, not even with wholesale. Those are strategies that we train. We train heavily on. We're really |
| 1:52.9 | good at teaching that stuff, but that's not where you should start if you're new because there's |
| 1:57.6 | risks involved. There's a long learning curve involved with some of those things. With replins, however, we can get you up to speed very fast, putting money in the bank |
| 2:05.2 | before you've made any big investments. And that's why we love that model. Okay, so today's episode |
... |
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