#974: Today's guest found our community after struggling on Amazon - but he's doing great now!
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 3 March 2025
⏱️ 57 minutes
🧾️ Download transcript
Summary
Today's guest is reporting a whopping 30% net margin on his Amazon replens as he's learned from the ProvenAmazonCourse.com strategies. We dive into how he's built his business and he spills the beans on what's working for him!
Interestingly, he still has a full-time job, so he took our coaching in order to maximize the time he had available that he could dedicate to the business. In his own words, he decided he wanted to "go further faster" in his business - and that's exactly what he's done!
We discuss an overview of his journey from "clueless newbie" to seasoned seller who is climbing fast. There are plenty of missteps and lessons to be learned from his story, but he's built a beautiful business and he shares some great insights about:
-Knowing your numbers
-Mitigating you risks
-Using coaching the right way
-The tools he loves
-The right and wrong way to get started
I know you'll enjoy today's conversation Ken McAllister!
Check out our episode sponsor:
Profit Cyclops - Realtime Order Tracking and Profit Calculation
Easy to view dashboards and charts in days, weeks and months.
A staple to your everyday operations, everything that Amazon misses to show you.
You can watch this episode on our YouTube channel here: https://youtu.be/dYjS80R33Rw
Show note LINKS:
SilentJim.com/thesystem - (aka as 3P Mercury) - The complete workflow software we created on our team with the help of 200 beta testers. "The System" automates your Amazon reselling/wholesale business the same way Khang (the creator) automated his $3million reselling business and made it HANDS FREE!
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!
ProvenAmazonCourse.com/100 - Check out our pre-conference workshop titled Path to 100 ASIN's - The Replens Accelerator. Brian and Robin Joy are teaching live in Orlando in May!
TheProvenConference.com - Our May 2025 event - plan to join 100s of listeners to this show in Orlando May 29-31st, 2025!
Keepa - SilentJim.com/keepa - Listen to episode 369 to hear more about why we love Keepa and check out this video for a creative strategy with Keepa: SilentJim.com/1000
RevSeller - ProvenAmazonCourse.com/revseller - The lowest possible price on this on screen calculator
Nepeto - SilentJim.com/oaleads - Discount code for one of our favorite research tools for finding winning asins
Smart Scout - SilentJim.com/ss - One of the tools we love and our community discount.
Sellerboard - The profit analytics tool for Amazon sellers that helps you calculate your profit precisely accounting for all hidden fees and in real time. Use our link and get a TWO month free trial: SilentJim.com/numbers
Seller Amp - SellerAmp.com/mst - Making sourcing analysis simplified
Today's guest: Ken McAllister
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hello, business building warrior. My name's Jim, and I'm the guy that gets to interview all the |
| 0:06.4 | successful students from our podcast listening community. Today we got another great one. I love |
| 0:11.6 | bringing guests on our show, all levels of success stories. Some people who've been at it a few |
| 0:17.2 | months, seeing their first $10,000 month, and other people who have got multiple |
| 0:22.2 | seven-figure businesses giving us insights how to play the game at scale. Today, someone who's |
| 0:27.8 | been with us about seven, eight months, I think we said. He joined us over the summer. Here we are |
| 0:33.0 | early 2025, and he jumped into our coaching program early on, and he just raves about the results he's |
| 0:39.0 | getting. Check out this. He's getting net margins of around 30% net margins. That's incredible. |
| 0:46.6 | Turning your money over multiple times per year, six to eight, maybe even 10 times in a year, |
| 0:52.0 | turning your money over at 30% net, at 60 to 80% ROI. |
| 0:58.5 | Do the math. That's an incredible business model. He works full time. He has a full time job. |
| 1:04.2 | But he and his wife, in the spare time that he has, have built an incredible business, |
| 1:09.9 | selling tens of thousands of dollars of easily sourced |
| 1:13.2 | products at very nice margins on Amazon using the replins system that we teach here. If you don't |
| 1:20.8 | know what replins is, you need to get into the proven Amazon course. And after you listen to Ken's |
| 1:25.4 | story today, I think you're going to be eager to do just that if you haven't yet. It's an exploding opportunity with a ridiculously bright future |
| 1:32.9 | because more and more people are shopping online. Amazon continues to expand and grow. And once you |
| 1:38.8 | see the opportunity through the lens that we introduced today, it's not about selling stuff cheaper than your competition. |
| 1:45.7 | It's about helping fill the underserved shelf space at Amazon's hundreds of warehouses. |
| 1:51.7 | And once you understand that that's the opportunity we're talking about, that's what Ken is doing. |
| 1:56.0 | He even alludes today that on many of the products he sells, there's a good handful of other |
| 2:00.4 | competing sellers, |
... |
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