#756: How we are selling on Amazon at higher prices than our competition and how to ramp up on Amazon very little cash
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 27 December 2023
⏱️ 52 minutes
🧾️ Download transcript
Summary
Sourcing Without Money
If you have no money or your account is held up for some reason, source, source, source!
Had a client who was waiting on a large payout and all he did was source test worthy ASINs for 3+ months
When he got his payout he started sending in his test worthy ASINs and went from minimal sales to $50K in 3 months…that’s mainly run rate on tests, not much in the way of replens yet
BUT…more dollars = higher risk when new
The real value in your business is the ASINs, not the capital
Selling Above the Buy Box
Selling above the buy box is a strategy that works. We see it all the time.
There is no place to see this strategy working in Keepa and the only way to know would be to test it.
This is not necessarily intuitive and we don't know of another place it is being taught.
We could keep this information to ourselves and many would never know it, but we are sharing because we want to see you have success too
What a Difference a Day Makes
Working with new clients we see the day-to-day progress
Day 1: I can find anything to test! Day 2: I found some to test!
Day 31: I’m not making any sales! Day 32: I just got my first sales!
Perhaps the adage, it’s always darkest before the dawn is true!
If you just give it 1 more day the sun will come out
Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: When is it OK for an Amazon seller to set up new ASINs on Amazon?
Watch this episode on our YouTube channel here: https://youtu.be/NwiYNxdDtBo
Show note LINKS:
SilentJim.com/TheSystem - learn about the system behind the the $3million fully automated online arbitrage model we are so excited about for 2024
SilentSalesMachine.com - text the word “free” to 507-800-0090 to get a free copy of Jim’s latest book in audio about building multiple income streams online or visit https://silentsalesmachine.com/ssm11/ffv11/!
Get a free business growth consulting session with an e-commerce consultant on our coaching team. Call: 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) or grab a slot on our calendar at https://SilentJim.com/bookacall
My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE! Join 74,000 + 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!
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!
Come meet your fellow listeners to this podcast, dozens of our coaches and hundreds of business building warriors at our live event in May! It's not too early to plan! TheProvenConference.com/orlando/
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, business building warrior. Welcome to Silent Sales Machine Radio, the podcast that features |
| 0:07.2 | hundreds of interviews with the successful students from the proven Amazon course. That's right. |
| 0:15.8 | That's our flagship training course that contains everything from new modules. For people who are brand new, never sold |
| 0:22.5 | anything online before, they don't know what they're doing, clueless e-commerce newbies, all the way |
| 0:27.2 | up to the most advanced e-commerce strategists and success stories that you'll ever meet in our community. |
| 0:33.4 | They all use the same library of content called the proven Amazon course. |
| 0:38.7 | Multiple modules. |
| 0:39.9 | No matter where you are, we've got what you need next. |
| 0:42.9 | This podcast features hundreds of those interviews. |
| 0:45.2 | We've got a free Facebook group at silentjim.com. |
| 0:48.3 | You can click in there and see 74,000 plus people hanging out all day, every day discussing |
| 0:52.7 | the strategies from that course. |
| 0:55.3 | It's only $39 a month, and it's all you'll ever need. |
| 0:58.1 | So we're starting the day off that way, making sure if there's any new listeners today, |
| 1:01.6 | that you know exactly what this show is about, who is for, and what we can do for you. |
| 1:06.0 | Hey, we just had an episode recently that was with a good friend of mine. |
| 1:10.6 | I've gotten very close to him over the last |
| 1:11.9 | five, six months. His name is Kang Dang. And he's built a $3 million business approximately. |
| 1:18.1 | That's what his 2023 sales were approximately $3 million at very nice margins. But the best part is |
| 1:24.7 | a couple things. He's using the systems we teach in the proven Amazon course that replins model specifically, |
| 1:31.2 | which is where we start about 99% of all of our new students with that model. |
| 1:35.7 | Well, he's built a beautiful business, but it's hands free. |
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