This episode reveals how a seven-figure Amazon business generating 25-30% net profit is achievable without reliant on expensive software. It showcases a real-world example of an entrepreneur who leveraged strategic product research with one inexpensive tool (Keepa) and significant hustle to build a highly profitable, lean operation.
Key takeaways
A highly profitable (25-30% net) seven-figure Amazon business is possible with minimal software investment, focusing instead on strategic product sourcing and diligent execution.
Utilizing a single, cost-effective tool like Keepa for in-depth data analysis can be more impactful than subscribing to multiple expensive software solutions.
Success on Amazon heavily relies on consistent effort and "hustle" in sourcing profitable products, as demonstrated by the two-person operation achieving seven-figure revenue.
Focus on foundational training and mentorship (e.g., ProvenAmazonCourse.com) to develop effective Amazon selling strategies, rather than solely relying on a vast toolset.
Identifying profitable products on Amazon can be streamlined by deeply understanding and leveraging the data provided by tools like Keepa to inform purchasing decisions.
In this five minute episode I share how to have a seven figure, highly profitable (25-30% net) Amazon business without any expensive tools or software. Is that even possible? Let's answer that question now! As evidence I reference a presentation from Dec 2021 at our virtual event by a ProvenAmazonCourse.com student from our community named Oscar Mutumbo. He uses ONLY the inexpensive tool called "Keepa" to find as many profitable items as he can buy! He's added in a lot of hustle and his results are fantastic. He runs a two person operation (Oscar and his wife), and they've built an amazing seven figure business WITHOUT ANY pricey tools or software! This episode is on our YouTube channel: https://youtu.be/MrAJLPA8cOY Show note LINKS: Keepa - the ONLY tool that Oscar used after he was trained in our ProvenAmazonCourse.com strategies by his JimCockrumCoaching.com coach - https://get.keepa.com/ede41 Episode 369 of this podcast: Explains why we love keepa Oscar's other two episodes with us: 218 and 301 https://silentjim.com/podcast Proven Amazon Course - https://ProvenAmazonCourse.com - Are you ready to be successful selling on Amazon? It's time to get instant access to the most widely used, most up to date, most creative and industry leading course in the "Learn to sell on Amazon" space. You'll find hundreds of recent success stories in our Free Facebook group from Amazon seller
What does this episode say about amazon & marketplaces?
A highly profitable (25-30% net) seven-figure Amazon business is possible with minimal software investment, focusing instead on strategic product sourcing and diligent execution.
What does this episode say about supply chain & operations?
Utilizing a single, cost-effective tool like Keepa for in-depth data analysis can be more impactful than subscribing to multiple expensive software solutions.
What does this episode say about founder & leadership?
Success on Amazon heavily relies on consistent effort and "hustle" in sourcing profitable products, as demonstrated by the two-person operation achieving seven-figure revenue.
What does this episode say about amazon & marketplaces?
Focus on foundational training and mentorship (e.g., ProvenAmazonCourse.com) to develop effective Amazon selling strategies, rather than solely relying on a vast toolset.
What does this episode say about amazon & marketplaces?
Identifying profitable products on Amazon can be streamlined by deeply understanding and leveraging the data provided by tools like Keepa to inform purchasing decisions.
