#906: Young college student building a healthy seven figure OA business on Amazon
Silent Sales Machine Radio
Jim Cockrum
4.8 • 811 Ratings
🗓️ 10 October 2024
⏱️ 50 minutes
🧾️ Download transcript
Summary
You'll be blown away by how few different ASINs (products on Amazon) today's guest is selling while running a robust multiple seven figure Amazon business using simple online sourcing strategies. With only a few dozen different products that he sources in bulk, he's getting incredible results!
He shares with us how he's maxed out the model of going deep on easily sourced, high demand, easily sourced products while buying online (not wholesale - all retail) in bulk. It's just another great way to build a beautiful business and I learned some great new insights that will expand the creativity of the models we teach here.
You'll love his examples, the simplicity of his model and the insights he has for anyone willing to listen.
If you're ready to get started, get to ProvenAmazonCourse.com - we'd love to help you build your story! Listen to today's episode for encouragement and inspiration!
Watch this episode on our YouTube channel here: https://youtu.be/OgrSNb-Tot8
Show note LINKS:
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"Business Secrets From the Bible" - Rabbi Daniel Lapin
Today's guest: Stephen Reinard
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, business building warrior. |
| 0:03.4 | Welcome to Silent Sales Machine Radio. |
| 0:06.4 | I'll be your host today along with a guest that I'm going to bring on. |
| 0:08.8 | And just like we have hundreds of other episodes that we've recorded of this show, |
| 0:13.1 | it is a successful student who's selling on Amazon using the creative strategies that we teach around here. |
| 0:20.3 | Man, this guy's got some cool stuff going on. |
| 0:22.0 | He's a young man who just recently got his college degree. |
| 0:24.9 | It's going to crack you up the way he finished getting his degree. |
| 0:29.1 | I'll just give you a little hint. |
| 0:30.5 | There was virtual assistance involved in VAs. |
| 0:33.7 | But he's built a beautiful business with him and his buddies. |
| 0:36.0 | You know, they are three, four million dollars in annual sales. |
| 0:39.8 | And here's what makes this story special. |
| 0:42.1 | There's all kinds of strategies that we teach in this community. |
| 0:45.2 | But I love when people kind of combine and twist and merge together concepts into things that |
| 0:51.2 | open up new ideas entirely. |
| 0:54.2 | And that's what today's story does. |
| 0:56.1 | Because they only have around 40 to 60 different Aces that they're selling against, |
| 1:02.6 | different listings that they're on on Amazon. |
| 1:04.5 | But they have a $3 or $4 million online arbitrage business. |
| 1:08.5 | That is a very unusual model. |
| 1:10.5 | Most people who are selling at that level |
... |
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