#785: After making a series of classic mistakes, this Amazon seller has a thriving business
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 15 February 2024
⏱️ 48 minutes
🧾️ Download transcript
Summary
Today's guest is a ProvenAmazonCourse.com student and coaching client who has made just about every mistake you can make on his way to building a successful Amazon business!
He's failed at drop shipping, sourcing from Alibaba, paying for "done for you", trying to do an MLM with Amazon etc. all while working a full time job.
So many CLASSIC red flags... but now he's seeing stability and growth and he's loving the process!
If you'd like to hear what NOT TO DO as well as WHAT WORKS on Amazon, this is a great episode for you!
He's also using the "sell above buy box" Amazon strategy that has been coming up a LOT in our community lately!
Show note LINKS:
https://humnbird.com - They help sellers get established on Amazon.com (sell in the US from anywhere in the world) They specialize in everything from Taxes and Bookkeeping, Intellectual Property, Trademarks, Patents, Corporation Setup to Branding, Design and Marketing. We recommend their affordable systems and solutions giving you everything you need for your wholesale and private label business even overseas!
Inventory Lab - this service researches products, lists and manages your inventory, tracks your expenses, analyzes your profitability https://jimc.biz/2JY4w3a
The Replens Dashboard - Replen Dashboard accurately tracks product movement and trends to help you with buying decisions and inventory projections. An awesome piece of software to keep all of your records straight! https://replendashboard.com?lmref=jEcJkw
Discover the many things AI does in BQool, please visit: www.bqool.com . Use Jim's exclusive Bqool Amazon repricer link: http://www.silentjim.com/repricer to get a 30-day free trial (valued at $100), no credit card required!
Selling Above Buy Box strategy: SilentJim.com/bb70 - this is a link to a Facebook post with over 70 examples of great ASINs selling above buy box for our host Jim Cockrum's Amazon seller account.
https://humnbird.com - They help international sellers get established on Amazon.com (sell in the US from anywhere in the world) They specialize in everything from Intellectual Property, Trademarks, Patents, Corporation Setup to Branding, Design and Marketing. We recommend their affordable systems and solutions giving you everything you need to for your wholesale and private label business even overseas!
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!
TheProvenConference.com - Mark your calendar for this May! Our LIVE event has more content and training than ever before .... !
ProvenAmazonCourse.com/100 - the pre-conference workshop in Olrando FL May 21-22nd 2024.
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!
Bqool training module inside the ProvenAmazonCourse.com (direct link)
https://learning.silentsalesmachine.com/members/courses/bqool/
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!
Provenamazoncourse.com/Keepa - 10 Advanced Keepa strategies that will make you a product souring ninja!
Today's guest Jonathan Beckloff
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, business building warrior. This is Jim with another episode of Silent Sales Machine Radio, yet another success story from the proven Amazon core students. |
| 0:11.2 | Today's guest has made just about every mistake you can make on his way to eventually, just in the past couple of months, building a beautiful business as you'll hear him share. |
| 0:21.8 | He's now profiting thousands of dollars per week with his business, but he made a bunch of |
| 0:27.6 | mistakes along the way. He's got a full-time job that has been taken up a lot of his time, |
| 0:34.3 | so this has been very much a side thing for him over the past couple of years. |
| 0:38.1 | He's played around on eBay. He's done some drop shipping. He's bought from Alibaba. He's made a lot of |
| 0:44.8 | mistakes. Basically, I told him at one point in the episode today that he, you know, we observed as one |
| 0:51.2 | other guests recently put it on the show. They feel like they fell out of the |
| 0:54.4 | tree of bad decisions and hit every branch on the way down. He did that. He ignored a lot of the |
| 0:59.6 | classic advice we give around here, but he eventually started doing the stuff that we teach. |
| 1:04.9 | He got into our coaching program. He got a great coach. He started deploying the concepts that |
| 1:09.0 | he's learning. Now he's doing extremely well. |
| 1:11.7 | He's on a good handful of products that are selling as fast as he can get his hands on them at great margins. |
| 1:17.7 | And he's also taking advantage of the above the buy box strategies that you hear is talking about around here all the time. |
| 1:23.4 | There's a new module in the Proven Amazon course where I dive into at this point about 70 examples |
| 1:29.6 | of products that we're selling well above the price point that all the other sellers are selling. |
| 1:36.8 | How's that work? Do we know something that they don't? Yeah, we do. We realize that Amazon isn't |
| 1:42.4 | one central warehouse where everyone price sensitively goes to shop. |
| 1:46.8 | It's 150 warehouses plus more spread out all over the United States, where people are sometimes |
| 1:52.8 | shopping because they want it fast. That means you can put your stuff into Amazon's system at a high |
| 1:58.3 | price, and odds are if it's a fast-moving product, it's going to sell for you. |
| 2:02.7 | We explain all of that in a Facebook post at silentjim.com slash BB70. |
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