#599: Better returns than real estate with Amazon REPLENS? A great PAC success story
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 6 March 2023
⏱️ 75 minutes
🧾️ Download transcript
Summary
Today's all new podcast episode is a Feb recording with provenamazoncourse.com (PAC) students who are a married couple that have built a great REPLENS business in just the past few months!
They are seeing 80% ROI and 30% net the past few months on their rapidly growing business.
He comes from a real estate background and says, "I can never see returns like this in Real Estate!"
We share how they find inventory, what's working and what challenges they are having. It's another great interview with true Business Building Warriors from our community!
Today's guests: Justin and Claudi Wright
Watch this episode on YouTube: https://youtu.be/DbAo09WcubI
Sponsor: Don't forget to check out sellerboard, our awesome sponsor - 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 and resources:
Our recommended legal advisor - Jeff Schick's website https://JeffSchick.com
Keepa.com - 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
Meet others who live near you in our community! Here's details: https://www.facebook.com/groups/mysilentteam/posts/4243062552476489/
My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam 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!
https://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!
https://SilentJim.com/updates Get an alert on your smartphone each time we have a new podcast episode or free training event!
Humnbird accounting services - https://www.humnbird.com/tax-financial/
https://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!
https://jimc.biz/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://OAsimplified.com - the course that teaches Online Arbitrage (online sourcing). This course is now an included module in the provenamazoncourse.com collection.
For business inquiries contact me at | [email protected]
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, business building warrior, welcome to silent sales machine radio. I'm your host, Jim, |
| 0:06.1 | and I have some guests joining us here in just a moment, as you've gotten used to. If you've |
| 0:10.0 | listened to a few episodes of this show, we like to bring on students of our proven Amazon |
| 0:16.9 | course.com. Proven AmazonCourse.com. It's the only course you'll ever need |
| 0:22.0 | if you're looking to grow a business |
| 0:23.5 | on the world's most successful e-commerce site, Amazon, |
| 0:27.4 | as evidenced by hundreds of recent success stories |
| 0:30.3 | and testimonials. |
| 0:31.6 | 72,000 members in our free Facebook group. |
| 0:35.0 | There's a link to all of that at silentjim.com. |
| 0:38.0 | The guests you're going to meet today have only been doing it for a few months, |
| 0:41.8 | but they're really ramping up. They've got a great story to share. They're doing the business |
| 0:46.1 | together as a married couple. They're meeting the challenges head on. They came from a |
| 0:50.9 | background of what we call the treasure hunt model or they sometimes call it the Easter egg hunt model where they're finding things that they can flip on eBay or finding even some things that they were trying to flip on Amazon and sell. |
| 1:04.5 | They didn't realize until just a few months ago that about a year ago, I should say, that you could actually sell on Amazon. |
| 1:12.0 | They thought everything on Amazon was sold by Amazon. They didn't even realize that third-party |
| 1:17.0 | sellers could sell products there. So they were very new to all of this up until about a year ago. |
| 1:22.6 | They started experimenting with the proven Amazon course, like I said, a few months ago, |
| 1:26.7 | and they've been seeing great results with a replans strategy, which is very different than the treasure hunt |
| 1:33.0 | or the Easter egg hunt model of flipping one-time unique finds or sale items on Amazon. |
| 1:40.3 | Their business is hitting a very healthy five figures, is they're going to share incredible ROI and net margins? |
| 1:46.6 | They've got an 80% ROI, which Justin sells real estate traditionally, and he's flipped real estate for years. |
... |
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