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#424: I just interviewed two Amazon skeptics from our Facebook group

Silent Sales Machine Radio · with Pam Wyant & Thelma · January 10, 2022 · 84 min

Summary

This episode directly addresses common concerns and rumors surrounding selling on Amazon by featuring a transparent conversation with two Amazon skeptics. It debunks myths and clarifies complex aspects of the Amazon platform, offering data-backed answers crucial for aspiring and new Amazon sellers to make informed decisions and confidently launch their businesses.

Key takeaways

Themes

amazon & marketplacesfounder & leadership

Topics covered

amazon selling skepticismdropshipping on amazonamazon market saturationamazon rules and regulationsamazon category approval processprivate label for amazon beginnerstime commitment for amazon businessamazon fba strategies

Episode description

Do you have some tough questions about selling on Amazon? Are you skeptical about the opportunity to build a business on the Amazon platform? Many people have the same concerns you do, so you aren't alone. Recently, in a discussion inside our free Facebook group I asked for some "skeptics" to step forward. I wanted to have a conversation with them about their concerns, the rumors they'd heard and the tough questions that were keeping them from moving forward in launching a business as an Amazon seller. We recorded the conversation for you- and that is the gist of this episode! They DIDN'T HOLD BACK! They asked about dropshipping and "done for you" models, saturation concerns, who are the customers who pay more than retail when shopping on Amazon, the confusing amazon rules, the limitations of category approval, why we don't let students start with private label selling, the time requirements to learn and launch the business and other hot topic issues that are a concern for many new Amazon sellers. I think you'll enjoy our chat as I answered with transparency and plenty of facts and data to back up my responses. Today's guests: Pam Wyant & Thelma Watch our interview on YouTube https://youtu.be/p5D8pQHZTuI Check out our sponsor: I Love Supplies. com There are so many advantages using these high quality poly bags - non static, self closing AND size printed on each bag, just to name a few. Be sure to request your free sample of poly bags when you visit their website https://ilovesupplies.com/ Show note LINKS: J

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Don't start with private label as a beginner on Amazon; focus on less capital-intensive models first to learn the ropes.
What does this episode say about founder & leadership?
Thoroughly research Amazon's rules and regulations, and consistently adhere to them to avoid account issues and ensure long-term success.
What does this episode say about amazon & marketplaces?
Understand that Amazon customers will pay more than retail for convenience or unique offerings; strategize your pricing and product selection accordingly.
What does this episode say about amazon & marketplaces?
Be realistic about the time commitment required to learn and launch an Amazon business; it's not a passive income scheme.
What does this episode say about amazon & marketplaces?
Dropshipping and "done for you" models require careful scrutiny for their viability and sustainability as long-term business strategies on Amazon.

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