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#369: Don't buy any Amazon seller software until you hear this

Silent Sales Machine Radio · June 7, 2021 · 27 min

Summary

For new Amazon sellers, prioritize profit over software. This episode highlights how most Amazon seller tools use the same data, leading to inflated costs and little unique value. It recommends focusing on generating $1,000/month in profit before investing in any tools, save for one inexpensive data-scraping tool that offers a unique competitive advantage.

Key takeaways

Themes

amazon & marketplacesfinance & fundraisingfounder & leadership

Topics covered

amazon seller softwareamazon fbaprofitability for new sellersproduct research toolsdata scraping for competitive advantagerevsellercost-effective tools for amazon sellers

Episode description

As a new Amazon seller, here's a rule of thumb that will serve you well: Until you are earning a thousand dollars per month of profit, you should NOT invest in software and tools. Let's get you started by MAKING money instead of SPENDING money. Did you know that all of the dozens of Amazon seller tools that claim to help you find great products to sell are all using the exact same data purchased from Amazon? Did you know there's only one very inexpensive tool that stands far above all the others because it does its own dirty work by scraping data from Amazon? Better yet, this inexpensive tool gives you a unique and unfair advantage over all other tools while charging less than $20 per month! Far too many new Amazon sellers begin their online selling journey by wasting money and time on monthly subscription tools that are supposed to help them be a success. The sad fact is this: starting your Amazon seller journey with a tool purchase before you are putting money in the bank is virtually always the wrong decision and we've seen this mistake made thousands of times over the years! In today's episode I tell you about one inexpensive tool (that I don't get paid to promote), but it is the ONLY tool you should consider until you are making a thousand dollars a month or more in profit on Amazon. LINKS: Proven Amazon Course - the strategies that help you put money in the bank BEFORE you start spending any money on the few useful monthly paid tools that we recommend https://ProvenAmazonCourse.com - You'll find hundreds of recent success stories in our Free Facebook group from Amazon sellers using all manner of creative strategies from our ridiculously inexpensive yet powerful course! Revseller: Best pricing found at <a class= "ProsemirrorEditor-link" href=

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Achieve $1,000/month profit before investing in Amazon seller software, as most tools offer similar data and little unique value.
What does this episode say about finance & fundraising?
Be wary of Amazon seller tools that claim to find great products, as most rely on the same fundamental data acquired from Amazon.
What does this episode say about founder & leadership?
Utilize Revseller for under $20/month as the primary tool for new sellers, as it independently scrapes data, providing a unique advantage.
What does this episode say about amazon & marketplaces?
Avoid premature investment in monthly subscription tools; instead, focus on proven strategies to generate income first.
What does this episode say about amazon & marketplaces?
Leverage resources like the "Proven Amazon Course" to establish revenue streams before making tool-related expenditures.

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