#482: He's earning net profit $600/hr with his Amazon replens business. Here's how.
Silent Sales Machine Radio
Jim Cockrum
4.8 • 811 Ratings
🗓️ 20 June 2022
⏱️ 49 minutes
🧾️ Download transcript
Summary
Today's guest has been selling online since the 80s!! He's seen some things work for a short time and then fizzle out, and he's tried many models as he'll share, but he says, "The best thing about the ProvenAmazonCourse.com course is that if you try it, it will work." Get this - he's selling about $38K per month at a 24% net margin, but he only works a few minutes per day (always less than an hour). You'll hear many great insights for new sellers and experienced sellers alike today. Here's yet another Amazon REPLENS success story! Today's guest: Ed Newman
You'll hear him talk about using "TA" (Tactical Arbitrage) as a tool that has helped him build his process. We have BRAND NEW TA training coming along with Online Arbitrage (aka "OA" or "online sourcing") training at ProvenAmazonCourse.com/OASimplified - Available now!
Watch this episode on our YouTube channel: https://youtu.be/QffXvIO1DYg
Show note LINKS:
Our upcoming LIVE EVENT is happening August 12-14th 2022 in Louisville, KY! Join 100s of your fellow listeners to this program live and in person! You'll hear from many of the top success story guests on this podcast including students and coaches who share their stories PROVEN strategies of Amazon and ecommerce success ! Tickets and event details found at: https://TheProvenConference.com
Leigha's story - she's the student mentioned today (who is now a coach on our team) who sold $500K last year and is on track to sell $1MM this year in 2022 as a "one mom show" who never sees or touches her inventory! Leigha's episode is #431 of this podcast. She's also one of the trainers on our upcoming OA training that includes Tactical Arbitrage training! Details: ProvenAmazonCourse.com/OAsimplified
Proven Amazon Course - https://ProvenAmazonCourse.com - Are you ready to be successful selling on Amazon? It's time to get instant access to the most widely used, most up to date, most creative and industry leading course in the "Learn to sell on Amazon" space. You'll find hundreds of recent success stories in our Free Facebook group from Amazon sellers using all manner of creative strategies from our ridiculously inexpensive yet powerful course!
ProvenReplensVA.com - We find, train and assign a VA (Virtual Assistant) to work ONLY for you as a "Replen Hunting" specialist! Visit this website to learn more!
Keepa - https://get.keepa.com/ede41 -The service we use to help interpret all of the selling data. Keepa is discussed in depth on episode 369 at https://silentjim.com/podcast
Tactical Arbitrage: Some advanced strategies people are using to find replens using TA. Once you understand how to find replens and what they look like, TA can be a powerful add-on to your business! Get Tactical Arbitrage with a 10 day trial offer here: https://jimc.biz/TA
Want some free training on the REPLEN selling model for Amazon?
Would you like to watch a 20 minute demonstration of the REPLENS model? Here's a link to a video in our private (free) facebook group (join the group to view the video):
https://www.facebook.com/groups/mysilentteam/posts/4744071185708954/
Here's a similar video on youtube if you don't use Facebook: https://youtu.be/b90bInL2yW8
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text)
SilentJim.com/updates - get an alert on your smartphone each time we have a new podcast episode!
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, business building warrior. It's Jim, silent sales machine radio back with another episode. |
| 0:07.6 | I have a guest today that we'll be bringing on just a moment. If you're watching on YouTube, |
| 0:12.5 | this is a good time to remind you that most of our episodes aren't actually on YouTube. |
| 0:17.7 | If you look at the whole scope of all the shows we've recorded, |
| 0:25.2 | they're audio only. Well, today is the video, obviously, if you're on YouTube, you knew that. |
| 0:29.4 | But I just want to make sure you know that if you go to silentjim.com, you can see a lot of the episodes that you've been missing. But today is a real treat. You've got a gentleman |
| 0:33.5 | in our community. He's always popping in with helpful tips and updates and screenshots of |
| 0:37.9 | his progress. He's been selling on the internet since the 80s. He's seen it all, tried it all, |
| 0:44.2 | done it all, heard all the pitches, saw all the scams come and go. And he says, in his own words, |
| 0:50.2 | today, a couple different occasions, there's nothing like the proven Amazon course. It's the best |
| 0:55.2 | course out there. This is what finally got him excited, as excited as he gets. You're going to see what I |
| 1:00.2 | mean in a minute. He's just a laid back, no nonsense, plain spoken guy. Hey, here's what I'm doing. Here's |
| 1:07.3 | how it's working. Here's all the details. He's making, get this, |
| 1:11.9 | I did my math right, I did it quickly during the episode today, about $600 and more per hour, |
| 1:18.1 | net profit working his business because he only works a few minutes a day. He's built a beautiful |
| 1:23.2 | system. He's working between 15 minutes to an hour or so a day, he says. He's found some very |
| 1:28.6 | creative ways to build the Replins business model that he's heard about from our community. |
| 1:36.3 | Again, he went through the proven Amazon course, Replens training. He launched into finding |
| 1:42.4 | underserved Aesans on Amazon. |
| 1:46.1 | And if you're new around here, let me explain what I mean by that. |
| 1:48.9 | If you've been around, you probably know what I meant when I said that. |
| 1:52.1 | But let me tell you what an underserved asan is on Amazon. |
... |
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