#810: Our weekly highlights and recap of powerful business lessons

Silent Sales Machine Radio

Jim Cockrum

Onlineincome, Ecommerce, Business, Fba, Entrepreneur, Entrepreneurship, Provenamazoncourse, Careers, Amazon

4.8 • 805 Ratings

🗓️ 30 March 2024

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In today's weekend episode we have highlights of a prior show.

Today's guest only learned of Amazon REPLENS just a few short months ago. She's a busy mom working full-time and pursuing a business degree but she's managed to just have a very healthy five figure month on Amazon using the strategies as taught in the ProvenAmazonCourse.com course.

We covered episode #775 - Busy mom pursuing a college degree while also building a beautiful Amazon business. The full episode can be heard at https://silentjim.com/podcast

Highlights include:

Jim gives some introductory information: www.theprovenconference.com in order to register for the annual conference - May 23-25, 2024 in Orlando, FL!

Book a free call with Jim’s team regarding coaching (every coach has their own successful Amazon business!) www.silentjim.com/bookacall

The guest details her journey in the e-commerce world which started with Mercari and Poshmark before she found Amazon. She discusses ASD in Las Vega. Now that it’s the beginning of 2024, she is re-evaluating how to keep the momentum going and how to continue to grow!

The guest shares with Jim that during December, her sourcing was about 40% wholesale and 60% RA/OA. Jim encourages her to keep the wholesale going since she has already learned a lot (typically we do not recommend new sellers start with wholesale). But Jim REALLY encourages the guest to focus on the low hanging fruit while she is trying to ramp up and to do more RA and OA! Jim recommends Podcast #369 for all things Keepa! The guest mentions Seller Amp, which estimates sales per month (from Keepa data). Jim reminds the listeners to not get emotionally attached to any ASINs!

The guest had an incredibly busy Q4 with merchant fulfilling her sales! Jim then asks the guest what her process is for finding winning ASINs! The guest shares that she uses reverse sourcing and Jim affirms that this is an acceptable method to find test worthy ASINs

The guest shares how she found out that her boyfriend’s boss sells on Amazon as well. She was excited to know someone so close who is doing the same thing! Reminder that you can use the My Silent Team Facebook page to find other sellers located close to where you live! - https://www.facebook.com/groups/mysilentteam/posts/4243062552476489/

The guest asks for Jim’s favorite book recommendations (aside from the Bible!): Business Secrets from the Bible by Rabbi Daniel Lapin. (The Rabbi is going to be the keynote speaker at The Proven Conference May 23-25, 2024!)

The Blessed Life and Beyond Blessed by Pastor Robert Morris - which have to do with stewardship. Entreleadership by Dave Ramsey

The guest asks Jim about inventory management and how best to go about handling all the moving pieces! Jim recommends Podcast #754 with Khang (who is coming out with new software- www.silentjim.com/system). Replen Dashboard is another good option (Jimmy Smith).

Transcript

Click on a timestamp to play from that location

0:00.0	Hey, business building warrior. Welcome to the weekend update. If you're listening to this episode right
0:07.3	when it came out, it's Saturday. And what we'd like to do on Saturdays is still work. A lot of us
0:13.8	work six days and rest one. Hey, good enough for God. Good enough for us. That's the way he created
0:18.2	the whole universe, right? So we're working on a Saturday. sure, but why not take along a great update, a podcast episode that we've gone back
0:26.5	and reviewed from maybe two weeks, six weeks, six months ago. We've got hundreds of great
0:32.6	interviews. So what we do on the weekends is we go back, we find those great episodes that maybe
0:36.3	slips past your radar
0:37.8	or some of those great insights and tips and strategies from some of the successful students
0:43.2	and just kind of break it down into a little easily digested nuggets for your weekend update.
0:50.6	So that's what we're going to do today. And we're going to dive into that just a moment
0:54.5	after I make a couple of announcements. First, if you haven't got a free copy yet of the brand new,
1:02.1	all new, our 11th update of the silent sales machine book, this is the book that started this
1:08.8	podcast. It started our community, the 73,000 members of
1:12.8	our free Facebook group, our incredible events. It all started because I sat down about 20 years ago
1:19.1	and wrote a book over a weekend. It was actually just a PDF report at the time. And it took off.
1:24.5	And it started this incredible movement that is now thousands of business building
1:29.4	warriors all over the world. It wasn't because of anything that I did. I was just making some
1:34.5	observations and sharing what others had taught me. I kind of compiled the information into one
1:39.5	place with the premise of, hey, you can use the internet to grow the business of your dreams.
1:45.6	And here's the rules. I'm kind of discovering. Here's some of the things you should avoid.
1:49.3	I was discovering. And there was a group of us. We just kind of compiled this information and
1:53.5	kept learning new things. Well, I've updated it. And the 11th update is now available.
	...

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