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#450: What can I sell successfully? The ONE question you need to ask.

Silent Sales Machine Radio · March 23, 2022 · 34 min

Summary

This episode cuts to the chase on the most crucial question for any ecommerce entrepreneur: "What can I sell successfully?" It breaks down how to identify high-demand products and services, offering a unique perspective on building a business where the operational heavy lifting is handled by others. Listeners will discover actionable strategies for product selection and developing a business model that minimizes their direct involvement, freeing them to focus on strategic growth.

Key takeaways

Themes

amazon & marketplacesproduct & merchandisingfounder & leadershipai & automation

Topics covered

product validationwholesale sourcingreplenishment strategiesvirtual assistant utilizationamazon fbarepricing tools

Episode description

Imagine if there was a college that paid you to learn a valuable skill that was in high demand and would pay you well, and at the end of the course you were assigned someone who did all the work for you. Your job? Manage the business. Today's episode discusses the most important questions you can ask yourself about launching and growing a business including the vital question: "What am I going to sell?" This episode shares the best answer I've ever heard to that exact question, and I also share the evidence. FInally, I tell you how you can have a business model that is like the college course I described above. Check out our sponsor for this episode. https://goaura.com/jim Are you ready to maximize your time in the Amazon Buy Box? Get on your way to winning the Buy Box and increasing your sales by joining the Aura repricer team. They'll be there to help every step of the way. Don't forget the SSMR exclusive discount code (must be caps) — SILENTRADIO Show note LINKS: https://replenwholesaleworkshop.com/ - visit a multimillion dollar replens / wholesale operation near Phoenix AZ. ProvenReplensVA.com - We can help you find a VA who is trained in our "Replen Hunting" strategies! Visit this website to learn more! TheProvenConference.com - our next live event will be mid August 2022. This website will update with details as the event gets closer. Proven Amazon Course - <a class="ProsemirrorEditor-link" href= "https://provenamazoncour

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Focus product selection on items with proven demand, specifically within replenishment and wholesale models on platforms like Amazon, rather than trying to invent new markets.
What does this episode say about product & merchandising?
Leverage Virtual Assistants (VAs) specifically trained in "Replen Hunting" to outsource product research and operational tasks, enabling business scalability without increasing personal workload.
What does this episode say about founder & leadership?
Consider business models that emulate a "college that pays you to learn," where you acquire valuable skills and then delegate the execution to trained professionals, allowing you to manage rather than meticulously operate.
What does this episode say about ai & automation?
Explore wholesale and replenishment strategies, including visiting established multi-million dollar operations, to understand successful passive income models.
What does this episode say about amazon & marketplaces?
Utilize repricing tools like Aura to optimize Amazon Buy Box ownership and maximize sales for existing product listings, automating a critical aspect of competitive selling.

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