Jim Cockrum, a long-time Amazon seller advisor, has reversed his stance on Amazon seller lead lists. He now advocates for using these lists, but with a critical caveat: integrate them with repricing and inventory management software like 3P Mercury. This approach allows sellers to identify viable ASINs, source them from authorized channels, and leverage automation to capitalize on fleeting market opportunities, moving beyond the outdated manual research and opportunistic buying methods.
Key takeaways
Only source products from authorized distributors. Always "Ask the Brand" for verification to avoid issues with Amazon regarding authenticity.
Utilize software (e.g., 3P Mercury) to monitor ASIN lists and identify optimal buying opportunities. This prevents market saturation from bulk buying and automates profit maximization.
Focus on a systematic approach to identifying viable ASINs with good characteristics and strong sourcing. Avoid generic ASINs, trademark issues, and IP concerns.
Consider automating your Amazon business by using prep centers and software. This allows you to scale and focus on strategic decisions like capital allocation.
Be aware of the "old way" pitfalls: relying on sales/discounts, manual research, and buying what everyone else is buying, which often leads to price tanks.
For over 10 years, I've given some pretty hardlined advice in regards to the use of "leads lists" and "buy lists" for Amazon sellers. My basic advice has been to only use them if you are extremely experienced or flat-out crazy. These lists are compiled by those who claim they've "done the research for you," and you can just go purchase everything on the list and make money! Baloney!! Today, I explain why I am now fully on board with using leads lists if you have the budget for them! What's changed? I'll explain in the episode, but the bottom line is 3PMercury and ProvenAmazonCourse.com training have caused a disruptive earthquake of opportunity for sellers! Leads lists are now paying off in big ways for those who know how to use them properly. I explain how to use them properly on today's episode. Watch the episode on our YouTube channel here: https://youtu.be/tXvwJDijZwI Show note LINKS: 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 82,000 + 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 comprehensi
What does this episode say about amazon & marketplaces?
Only source products from authorized distributors. Always "Ask the Brand" for verification to avoid issues with Amazon regarding authenticity.
What does this episode say about ai & automation?
Utilize software (e.g., 3P Mercury) to monitor ASIN lists and identify optimal buying opportunities. This prevents market saturation from bulk buying and automates profit maximization.
What does this episode say about supply chain & operations?
Focus on a systematic approach to identifying viable ASINs with good characteristics and strong sourcing. Avoid generic ASINs, trademark issues, and IP concerns.
What does this episode say about amazon & marketplaces?
Consider automating your Amazon business by using prep centers and software. This allows you to scale and focus on strategic decisions like capital allocation.
What does this episode say about amazon & marketplaces?
Be aware of the "old way" pitfalls: relying on sales/discounts, manual research, and buying what everyone else is buying, which often leads to price tanks.
