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Silent Sales Machine Radio

#541: Struggling with arbitrage and making every possible mistake but still excited

Silent Sales Machine Radio

Jim Cockrum

Entrepreneurship, Business, Careers

4.8811 Ratings

🗓️ 14 November 2022

⏱️ 56 minutes

🧾️ Download transcript

Summary

Today we meet a coaching student who only recently joined our program after realizing she'd been spinning her wheels listening to others offering her helpful, yet incomplete Amazon selling strategies for a couple years.

She works a full-time job she likes, but she hopes to make her ecommerce business her sole source of income eventually. It's a realistic goal based on her trajectory.

Her story is a bit of a cautionary tale. Even before she found our community, she was working in the best Amazon seller model for her skillset (Replens), but she was making a series of classic mistakes including: not tracking her numbers (profit/loss), buying too many of her test products, and trusting "buy lists" as her source for good inventory. We talk it all over and share the NEW PATH she's on including joining our coaching and hiring a ProvenReplensVA.com VA to ramp up her great REPLENS inventory list. She's never been more optimistic about the future of her online business.

Watch this episode on YouTube here: https://youtu.be/K7qANVPDYMk

Our sponsor: sellerboard - THE accurate profit analytics tool for Amazon sellers that helps you calculate your profit precisely accounting for all hidden fees and in real time. Use our link and get a TWO month free trial: https://SilentJim.com/numbers 

Show note LINKS:

Today's guest Teresa Clark


My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE! Join 70,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!

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)  ALL of our coaches are running very successful businesses of their own based on the models we teach here! We've been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!

ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!

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!

PrepCenterNetwork.com - Need a hand in prepping inventory? We have a list of all known Amazon seller prep centers worldwide. If you know of a prep center that's not listed, please let us know!

SilentJim.com/updates - get an alert on your smartphone each time we have a new podcast episode or free training event! 

 

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, business building warrior. It's Jim with another episode of silent sales machine radio.

0:08.2

A little housekeeping before I introduce our guest today. Did you know we're about the past

0:12.3

71,000 members in our free Facebook group? That's pretty incredible. It's a very active group,

0:19.9

very helpful, supportive, and encouraging.

0:22.8

We love seeing new people come into the group and encouraging them and helping them on their

0:27.2

journey. We're very realistic about the journey of e-commerce and Amazon. Anything worth building

0:33.9

is going to be a challenge. Anything worth having requires work, blood, sweat, tears,

0:39.6

and sacrifice. But if you want to hang out with a bunch of people who not only understand that,

0:44.6

but they're building incredible businesses, join our free Facebook group. There's a link at

0:49.0

silentjim.com. You can come be a part of the last remaining little ray of sunshine and hope left on Facebook.

0:58.1

I think a lot of our members certainly feel that way.

1:00.4

They avoid pretty much everything about Facebook except our group.

1:04.1

It's a really fun group.

1:05.0

We may move to a new platform at some point.

1:07.0

Who knows?

1:07.5

But for now, it's serving its purpose very well.

1:09.8

We'd love to have you come join us once a week or so as best I can. I go live as well and meet all the new folks who've

1:17.3

joined our group recently. Love hanging out, having an interactive time. And it's a good chance for you

1:22.4

to see as well 1,500 tagged success posts in our group as people succeed and hit new sales goals and get

1:32.5

excited about the trajectory of their business and make a post. Well, we put a little tag on those

1:36.9

so you can see how excited they are about our coaching program or their success. 1,500 of those

1:42.2

for you to scroll through and be encouraged by. Come join our free Facebook group if you're not a part of it yet. Well, hey,500 of those for you to scroll through and be encouraged by.

...

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