#391: Comparing all four models of selling on Amazon - what will work best in 2022?
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 13 September 2021
⏱️ 45 minutes
🧾️ Download transcript
Summary
There are four models of selling physical products on Amazon. As a seller, you need to hear the strengths and weaknesses of each model. Where should you go on the spectrum? Today I discuss these four models and discuss the five characteristics of each model (stability, competition threats, speed of profits etc.) that can be applied to each to help you make the best decision for your online selling efforts heading into 2022.
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Transcript
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| 0:00.0 | Hey, business building warrior. |
| 0:03.5 | Welcome back to Silent Sales Machine Radio. |
| 0:06.5 | This is your host, Jim, and on today's episode, I'm going to talk through what I believe are the four major models of selling physical products on Amazon. |
| 0:18.3 | The advantages and disadvantages of each of them, the strengths and weaknesses |
| 0:21.8 | of each of them, and some different key aspects of each of them. Now, I did this a few years ago, |
| 0:28.2 | and things have changed dramatically. So I thought it was time to revisit an update as thoroughly |
| 0:34.1 | as possible what was at the time a very popular topic, and I think it will be as |
| 0:39.5 | well again this time. You don't have to agree with me on my take on all of this, but keep in mind, |
| 0:44.1 | I'm speaking from a platform of about 17 years of experience in teaching people how to sell |
| 0:50.1 | physical products online. We've coached thousands of students, well over 7,000 at the last |
| 0:57.1 | count. And from my perspective, we're creating more success stories than anyone in the industry. |
| 1:03.0 | There's some other flashy, exciting stories out there for sure. There's some other people doing |
| 1:07.3 | great, and I appreciate their work. but a lot of them are starting people out |
| 1:11.6 | with the private label model. And if you dig in at all to the details, if you go inside behind |
| 1:16.7 | the curtain and look at how many people are failing miserably and losing a whole bunch of money, |
| 1:22.1 | man, I'd hold us up against anything else that's out there right now. The biggest names you want |
| 1:27.2 | to list, the biggest |
| 1:28.4 | events, the most recognized programs and courses, the proven Amazon course, from my vantage point |
| 1:36.3 | in the industry, unless there's things going on I'm not aware of, stands head and shoulders |
| 1:40.2 | above the rest in one regard, and that is we create success stories more consistently |
| 1:45.2 | than anyone else, as evidenced by all kinds of things, but one of them, not the least of which, |
| 1:50.7 | is people come into our community all the time after having lost, stub their toe, bonged their |
... |
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