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Silent Sales Machine Radio

#951: Systematically locate massive margins and easy flips with discontinued products

Silent Sales Machine Radio

Jim Cockrum

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

4.8805 Ratings

🗓️ 16 January 2025

⏱️ 39 minutes

🧾️ Download transcript

Summary

This just might be the highest margin inventory you will ever sell on Amazon. I'm talking about discontinued items where the DEMAND is rising and the SUPPLY is shrinking. Until now it's been a bit of a guessing game for most sellers to find the golden opportunities.

 

However, today on a new episode we discuss the incredible opportunities behind sourcing and selling discontinued items on Amazon.

 

Introducing the launch of:

ProvenDiscontinuedSourcing.com

 

You can even learn to source these right on Amazon, hold them for a few weeks or a couple months and flip them right back on Amazon at crazy markups as demand predictability soars...

 

It only makes sense that some items would go up in value once they stop being made. Are you selling any items like that? Do you have a system for finding them consistently?

 

What if you could get ahead of these discontinued trends and stock up a bit of the hottest items right before they vanish?

 

That's exactly what our guest today has been doing for several years with Incredible results.

 

He's selling products for $30 that he sourced for less than five. He's making net profit margins that are off the charts in many cases.

 

On today's new podcast episode we show you proven discontinued sourcing strategies.

 

Watch this video on our YouTube channel: https://youtu.be/p92iujOfITs

 

Show note LINKS:

 

ProvenDiscontinuedSourcing.com has LAUNCHED! (NOTE: JimCockrumCoaching.com students get this class free! ProvenAmazonCourse students get a huge discount - see theProvenDiscontinuedSourcing payment area for details)

 

SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.

 

My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 78,000 + 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!

 

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 for life!

 

Our Keepa podcast episode is #369. It is a great intro to what Keepa is and why it's our recommended tool. SilentJim.com/keepa

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, business building warrior.

0:03.4

Welcome to Silent Sales Machine Radio.

0:05.7

I'm your host.

0:06.7

Jim, I'm going to bring a guest on in just a moment.

0:09.9

And you're going to absolutely love today's episode.

0:12.4

This is going to be one that you might end up sharing with some friends

0:14.9

and getting your team really excited about.

0:17.1

If you're selling on Amazon right now, I guarantee you are going to enjoy what we have to

0:21.4

share with you today. It's about how to tap into discontinued product trends methodically

0:29.9

and benefit from them wildly. Let me give you a few examples. Our guests today,

0:34.7

these are examples of recent wins that he's had. There was an

0:39.4

item that he made $9,000 net profit on. He was buying it for $6.50, sold all of it as much

0:46.8

for you get his hands on for $25 to 30. Another one is shampoo that he realized was being

0:53.1

discontinued based on the strategies he's developed.

0:56.1

And he ended up making $16,000 net profit after holding it for a very short period of time.

1:01.2

So he realized it was being discontinued.

1:03.0

He held it.

1:03.9

Its popularity maintained, steady.

1:06.5

The price went up and he sold, made $16,000 net profit on the one shampoo easily sourced.

1:14.2

He got his hands on as much of it as he could, obviously, once you realize what was happening.

1:19.1

Another one of face cream, he paid $3.50 for, but no, he said $3 and he sold him for $25.

1:25.5

So turning $3 into $25 as fast as you can get your hands on the product.

...

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