4.8 • 805 Ratings
🗓️ 4 March 2021
⏱️ 54 minutes
🧾️ Download transcript
After running his own very unusual niche business online for several years (he sold WORMS!) with some success, today's guest discovered the "PAC" (ProvenAmazonCourse.com course). He jumped into our REPLENS training and with a very short time (a couple weeks) he was making sales of all manner of profitable items on Amazon. On his first day of research he found 150 profitable items (ASINs) to sell! His first full month, he sold $20K on Amazon. That was Jan 2021. His margins are about 20% and his ROI is 70%. You'll enjoy Richard's tips and strategies - we really make replens sound simple -because it is! Today's guest Richard Fenneman.
Watch on YouTube: https://youtu.be/5NF91bwe6bE
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Proven Amazon Course - https://ProvenAmazonCourse.com -Our best selling course for anyone any experience level of seller (newbie to pro). This course has every module we teach included.
https://ProvenAmazonCourse.com/replens -the REPLENS course by itself (for those who have some Amazon selling experience already)
https://JimCockrumCoaching.com - Our coaching program for anyone who wants one of our successful students (that's who our coaches are) to work with them one-on-one to help build a great business.
Keepa.com - https://get.keepa.com/ede41 -The service we use to help interpret all of the selling data
RevSeller - the business tool many of our coaches and students use to analyze and organize business data https://provenamazoncourse.com/revseller
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0:00.0 | A business building warrior, it's your friend Jim, and today we've got a guest on the show. |
0:06.3 | It's Mr. Richard Finnaman. |
0:08.0 | He's going to join me in just a moment. |
0:10.1 | I've just finished interviewing this guy, and he makes it all so simple. |
0:15.7 | He has broken it down. |
0:16.8 | He's only been doing the model that we teach for selling on Amazon to all new sellers. The model we use is called replans, but he's only been doing the model that we teach for selling on Amazon to all new sellers. |
0:22.0 | The model we use is called replans, but he's only been doing it since around Christmas. |
0:27.6 | And we're in February of the following years. |
0:29.6 | Just a couple months in here, right? |
0:32.1 | In January, his first full month, he sold $20,000. |
0:35.8 | He's into a very healthy month again here in February. |
0:38.6 | It's very much a part-time thing for him. His other business, you're going to love this, guys. |
0:44.5 | He sells live worms online. Not even on Amazon, just has his own website and he's doing his |
0:50.6 | thing, but he's less and less excited about that because that business doesn't |
0:55.1 | allow him to travel. Replen's business, he has a vision that he's going to hop in an RV with his |
0:59.9 | wife and be able to travel and see the parts of the world they want to see around the United States |
1:04.3 | and take their business with them. It's easily done. He knows how to go into any store and walk out |
1:09.5 | with $100 bills. And those are repeat |
1:12.4 | sellable products like you've been hearing us talk about over and over again lately on this show. |
1:17.5 | Replans are products that you can easily source off of any store shelf or online. It doesn't matter |
1:23.0 | where you live in the world because you can use a prep partner, which we don't talk a lot about |
1:26.7 | today, but we have some great episodes coming up where I just saw a testimonial yesterday in our community, |
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