#801: Millions of "irrational" shoppers on Amazon represent huge opportunity
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 14 March 2024
⏱️ 43 minutes
🧾️ Download transcript
Summary
In my hometown and in many other places as well there’s an item which is sold by the hundreds or more every day for several dollars each, yet strangely….
ANYONE can get the exact same item in any quantity they'd like packaged the exact same way FOR FREE just a couple hundred yards away.
Does that make any sense at all to you? It's true. I'll tell you exactly where it's happening on today's new podcast. This lesson will help you understand one of the under-used Amazon selling strategies we teach and use.
It’s true…
Every day millions of shoppers on Amazon pay way more than they have to for the items they want. Until you understand the mind of the Amazon shoppers and how grateful they are for CONVENIENCE, you will be overlooking millions of potentially profitable listings that you could sell against - it's one of the strategies we teach in the ProvenAmazonCourse.com course!
Watch this episode on our YouTube channel here: https://youtu.be/11zVxFi4M9s
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, thanks for joining me today. My name's Jim Cochrom. This is Silent Sales Machine Radio, |
| 0:06.5 | and we're going to spend a few minutes together today talking about why in the world people would ever |
| 0:10.7 | pay so much more money for the convenience of shopping on Amazon when they have multiple other |
| 0:17.0 | less expensive options. Let me start the episode this way with a little riddle for you. |
| 0:23.8 | The question this occurred to me as I was listening to today's episode because Brian and Robyn Joy, |
| 0:28.9 | two of our great coaching leaders, they actually do the bulk of the episode today. And I enjoyed |
| 0:32.8 | it before you had a chance to listen to it. One of the examples that popped in my head was |
| 0:37.4 | there's actually a place here in my hometown. This of the examples that popped in my head was there's |
| 0:37.9 | actually a place here in my hometown. This place really exists. I'm going to see if you can figure out |
| 0:42.1 | where this is, where you can get an item completely free. Just walk up and grab it. Completely |
| 0:48.9 | free. It doesn't cost you anything. And just a couple hundred yards from there, there's a business selling that exact same item for several dollars. |
| 1:01.5 | Isn't that an interesting scenario? Completely free at one place. Take as much as you want. And then several dollars at very successful, profitable business, |
| 1:14.4 | just a couple hundred yards from that exact spot. I'll tell you where that is in a minute, |
| 1:18.7 | see if you can think about it and figure it out while we get into the introduction for today. |
| 1:23.2 | Like I said, my name is Jim. This is Silent Sales Machine Radio. And our podcast typically has episodes |
| 1:29.5 | that feature successful students from the proven Amazon course, which is the longest running |
| 1:36.5 | Amazon seller training course in the Amazon selling space. We've been doing this a long time, |
| 1:43.3 | guys, over 14, coming up on probably 15 years, |
| 1:45.6 | something like that, that we've been teaching Amazon strategies, as long as Amazon's been a thing. |
| 1:49.9 | We've been doing it a long time. We've been teaching e-commerce for over 20 years. |
| 1:54.1 | Had nearly 10,000 coaching students come through our program over those 20-plus years. |
| 1:59.7 | Same coaching director the entire time. |
... |
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