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#477: Amazon REPLENS helped this couple hit $20K last month at great margins

Silent Sales Machine Radio · with Kelton and Tambra Hansen · June 2, 2022 · 80 min

Summary

This episode provides a compelling case study on how a couple leveraged the Amazon REPLENS strategy to achieve $19K in monthly sales with a 25% net margin, all while managing a busy family life. It highlights how to effectively utilize virtual assistants, coaching, and community support to build a profitable Amazon FBA business with limited time, offering practical advice for ecommerce operators looking to optimize their selling on marketplaces.

Key takeaways

Themes

amazon & marketplacesfinance & fundraisingfounder & leadershipai & automation

Topics covered

amazon replens strategypart-time amazon fbavirtual assistant hiringecommerce community networkingamazon repricing tools25% net marginstime management for entrepreneurs

Episode description

Today's guests have made some amazing friendships and connections in the short time that they've been part of the our Amazon seller community. They attended last year's conference in Tampa (their first) and they have very glowing descriptions of the power of the relationships they've made in this community. They've also managed to build an amazing business using the ProvenAmazonCourse.com REPLENS strategies that they've "squeezed into the cracks" of their very busy schedule with four kids and Dad's full-time job. In the last full month they hit $19K in sales at a healthy 25% net margin while working VERY part time! We discuss the VA they hired from ProvenReplensVA.com, their coaching experience with our team (JimCockrumCoaching.com), some great books that have helped them on their journey and so many other great topics and tips. We know you'll enjoy this conversation with today's guests: Kelton and Tambra Hansen View our episode on our YouTube channel: https://youtu.be/jWVicppDRn0 Check out our sponsor: BQool For more information on BQool and to discover the many things AI does in BQool, please visit: www.bqool.com . Use Jim's exclusive Bqool Amazon repricer link: http://www.silentjim.com/repricer to get a 30-day free trial (valued at $100), no credit card required! Show note LINKS: My Silent Team Facebook group. 100% FREE! Join 69,000 + Facebook members from around the wo

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Implement the REPLENS strategy on Amazon to identify and replenish profitable, high-demand products, focusing on consistent, smaller wins rather than one-off arbitrage.
What does this episode say about finance & fundraising?
Utilize specialized virtual assistant services (e.g., ProvenReplensVA.com) to automate tasks like product research and listing optimization, freeing up time for strategic growth.
What does this episode say about founder & leadership?
Actively participate in ecommerce communities and seek coaching to gain insights, build relationships, and accelerate learning in the Amazon marketplace.
What does this episode say about ai & automation?
Focus on achieving healthy net margins (e.g., 25% as discussed) by carefully analyzing COGS, Amazon fees, and operational efficiency.
What does this episode say about amazon & marketplaces?
Develop a disciplined time management approach to "squeeze in" business activities, demonstrating that significant results can be achieved even with limited, part-time effort.

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