#948: Why do some long term sellers drop off Amazon?
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 9 January 2025
⏱️ 57 minutes
🧾️ Download transcript
Summary
Have you ever heard of long-term Amazon sellers moving on to other opportunities? Why do they quit? What's behind these stories? Are there any lessons we can learn?
Let's talk about the indicators on the e-commerce horizon as well as the factors that go into your decisions to stick with Amazon, diversify and building multiple income streams!
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Watch this episode on our YouTube channel here: https://youtu.be/JQ7_Eonf3ZI
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Transcript
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| 0:00.0 | Hello, business building warrior. Welcome to Silent Sales Machine Radio. We're going to talk |
| 0:07.7 | through some of the tougher situations and questions that we've received over the past year. |
| 0:14.3 | We're launching into 2025 as I'm recording this episode. And it's just a time of reflection, |
| 0:19.6 | looking back at what happened in 2024 processing it |
| 0:23.1 | and we don't want to cover up any of the bad news tough news difficult conversations around here |
| 0:30.0 | we have those transparent conversations every day in our Facebook group by the way we talk about |
| 0:35.6 | the rougher side the challenges that people are |
| 0:37.5 | facing in their Amazon, Walmart, e-commerce businesses, and there's always solutions. |
| 0:42.4 | We have found that over the years. |
| 0:44.1 | But one of the tough questions I want to tackle is, what is it that we see from time to time? |
| 0:50.2 | What is it that compels some long-term sellers to get out of the game? |
| 0:55.0 | Meaning it was working for a while, it was going great, and then they decide for whatever reason to get out because things just aren't as great anymore. |
| 1:04.0 | And are there some compelling reasons there that we should consider as we're ramping up? |
| 1:10.0 | Are there some lessons we could learn? How do we |
| 1:13.0 | avoid those scenarios where we step away from e-commerce, get frustrated, burnout, tired of Amazon, |
| 1:20.7 | etc. You could write the list, right? You've seen the challenges, perhaps, and I would argue that |
| 1:25.5 | in any business, it's exactly the same way. You know, there's |
| 1:29.7 | nothing magical about e-commerce where the rules of business don't apply, meaning it's always |
| 1:35.4 | going to be as beautiful. If it works today, it's always going to work. No, every business has to |
| 1:39.4 | adapt and change and grow. But let's start there, perhaps. Before I dive into some of the things that we've |
| 1:45.6 | heard from some of the very experienced sellers who have walked away from Amazon for whatever reason, |
| 1:50.1 | some of them very good stories. They sold their business for a lot of money, perhaps, or another |
... |
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