This episode features a live Q&A focused on Amazon selling, particularly the "Proven Amazon Course" (PAC) strategies. The host addresses a common concern about the viability of Amazon FBA as a primary income source, dispelling doubts by citing success stories and market statistics. It emphasizes Amazon Replens as the most consistent path to success for new sellers due to its low risk and scalability, encouraging diligent product research and reinvestment of profits.
Key takeaways
Amazon FBA is a viable primary income source, even for new sellers, contrary to beliefs that only course creators profit.
The retail landscape is shifting online; only 16% of retail is currently online, projected to double in 5-10 years, indicating massive growth potential for Amazon FBA.
Amazon Replens is highlighted as the most consistent and low-risk starting point for new sellers within the Proven Amazon Course framework.
Sellers can start with a few hundred dollars and scale by reinvesting profits, with success stories of paying off significant debt.
Continuously research new ASINs (Amazon Standard Identification Numbers) for Replens opportunities. Episodes #612 and #554 are recommended for finding profitable ASINs.
Once per week or so I love to go live on Zoom in the Facebook group with whoever can join me and answer as many ecommerce and Amazon selling related questions as possible. Recently, we recorded one of these sessions for you. The questions we discussed this time clarify what is the "replens model", my background story in doing this over twenty years, how to get around gated categories as a new seller, the difference between a brand and a category and how to better understand profit margins. This episode has great tips and resources for all skill levels of sellers - enjoy! If you'd like to join us for a live zoom session, the next one is Monday July 24th at 5PM ET (New York time) and you are invited to join us using this zoom link: https://us06web.zoom.us/j/84823798446 Show note LINKS: My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE! Join 70,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world! JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modu
What does this episode say about amazon & marketplaces?
Amazon FBA is a viable primary income source, even for new sellers, contrary to beliefs that only course creators profit.
What does this episode say about founder & leadership?
The retail landscape is shifting online; only 16% of retail is currently online, projected to double in 5-10 years, indicating massive growth potential for Amazon FBA.
What does this episode say about finance & fundraising?
Amazon Replens is highlighted as the most consistent and low-risk starting point for new sellers within the Proven Amazon Course framework.
What does this episode say about amazon & marketplaces?
Sellers can start with a few hundred dollars and scale by reinvesting profits, with success stories of paying off significant debt.
What does this episode say about amazon & marketplaces?
Continuously research new ASINs (Amazon Standard Identification Numbers) for Replens opportunities. Episodes #612 and #554 are recommended for finding profitable ASINs.
