This episode features two friends, Mary and Dawn, who transformed their entrepreneurial journey using the Proven Amazon Course strategies. They candidly share their experiences, from initial struggles with handmade items and unscalable businesses to finding significant success with Amazon FBA, wholesale, and branded bundles. Their story highlights the importance of community support and adaptability in the dynamic ecommerce landscape, offering valuable lessons for aspiring and established Amazon sellers.
Key takeaways
Don't get too emotionally attached to a product, like Mary and Dawn did with their handmade maps. If it's not scalable, pivot.
Leverage communities and mentorship programs like the Proven Amazon Course for guidance, support, and networking opportunities. It can make all the difference in navigating challenges and accelerating growth.
Explore various Amazon selling models, such as FBA, wholesale, and private label/branded bundles, to diversify your income streams and build a resilient business.
Consider the long-term scalability of a product before investing heavily. Physical constraints, shipping costs, and time commitment can quickly erode margins.
Utilize Amazon's features like the 'out of stock' search to identify profitable opportunities and gaps in the market.
Don't be afraid to take calculated risks on inventory, even if it feels 'too deep.' Mary and Dawn's story of selling $6,000 worth of slippers over two years demonstrates that persistence can pay off even with initially daunting investments.
On today's all new podcast episode we meet two friends who've know each other since the 6th grade and together they've built a successful business using the provenamazoncourse.com strategies that you've heard so many of our podcast guests rave about! They've done everything from Etsy, to books and bulk purchases, but their business stabilized and they had their first ever seven figure year with the REPLENS model that has been the foundation of so many great success stories! They are now getting into branded bundles (as taught in the ProvenBrandedBundles.com course) as well as wholesaling (as taught in the PAC) and they have big plans for the future. They've had their share of challenges along the way that they share with transparency, but they are moving forward with a great business, determination and a stronger friendship than ever. It was truly great getting to know them during this interview! Watch this video on our YouTube channel: https://youtu.be/iJDaFeXWzP0 Don't forget to check out sellerboard, our awesome sponsor - THE accurate profit analytics tool for Amazon sellers that helps you calculate your profit precisely accounting for all hidden fees and in real time. Use our link and get a TWO month free trial: https://SilentJim.com/numbers Show note LINKS: https://SilentSalesMachine.com - text the word "free" to 507-800-0090 to get a free copy of Jim's latest book in audio about building multiple income streams online! If you live outside of the US or Canada pl
What does this episode say about amazon & marketplaces?
Don't get too emotionally attached to a product, like Mary and Dawn did with their handmade maps. If it's not scalable, pivot.
What does this episode say about founder & leadership?
Leverage communities and mentorship programs like the Proven Amazon Course for guidance, support, and networking opportunities. It can make all the difference in navigating challenges and accelerating growth.
What does this episode say about supply chain & operations?
Explore various Amazon selling models, such as FBA, wholesale, and private label/branded bundles, to diversify your income streams and build a resilient business.
What does this episode say about amazon & marketplaces?
Consider the long-term scalability of a product before investing heavily. Physical constraints, shipping costs, and time commitment can quickly erode margins.
What does this episode say about amazon & marketplaces?
Utilize Amazon's features like the 'out of stock' search to identify profitable opportunities and gaps in the market.
