Silent Sales Machine Radio artwork

#722: Seven steps to Amazon seller success with the REPLENS model

Silent Sales Machine Radio · with Brian and Robin Joy Olson · October 25, 2023 · 48 min

Summary

This episode unveils the "REPLENS model," a seven-step framework for aspiring and current Amazon FBA sellers to build a sustainable and profitable reselling business. It emphasizes consistent, weekly effort in sourcing, prepping, and shipping to Amazon, guiding sellers on how to manage inventory, pricing, and administrative tasks for long-term success on the platform.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsfinance & fundraisingfounder & leadership

Topics covered

amazon fbareplens modelproduct sourcinginventory managementamazon seller strategypricing strategy

Episode description

We love capturing, podcast episodes for you that not only encourage you, but also equip you with very specific strategies for ongoing success with Amazon! Today we talk about the most popular selling model in our community - REPLENS! On this "coaches corner" episode you will hear the seven activities that are required of any successful Amazon Replens seller. If you learn the seven steps, you give yourself the best chance at building a beautiful business as so many of our students are doing right now. If you'd like to talk to someone about your business, or how you could begin working with our team towards your Ecommerce goals, we'd love to hear from you. You can book a call at your convenience using this link : SilentJim.com/bookacall Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: How can I know that my Amazon inventory was sourced from a legal/allowed place? Watch this episode on our YouTube channel: https://youtu.be/k8bn4Q3LaJo 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 please email support@silentsalesmachine.com for a copy! My Silent Team Facebook group https://www.facebook.com/groups/mysilentteam 100% FREE! Join 74

Related episodes

Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Dedicate 15 hours weekly to sourcing in the initial stages to jumpstart your Amazon FBA business. Consistency significantly reduces the learning curve and accelerates growth.
What does this episode say about supply chain & operations?
Implement the "five test-worthy ASINs per week" strategy to protect capital and ensure sustainable growth. This volume allows for duds while keeping momentum.
What does this episode say about finance & fundraising?
Adopt a tiered pricing strategy: start at the highest proven price for new ASINs, gradually reduce it over four weeks, and then drop to breakeven if unsold to manage inventory and profitability effectively.
What does this episode say about founder & leadership?
Understand that the first six weeks to six months will be focused on building momentum and may not yield significant profits. Focus on process refinement and consistent execution during this phase.
What does this episode say about amazon & marketplaces?
Systematize the REPLENS model (Sourcing, Shopping, Prepping, Shipping, Repricing, Replenishing, and Administrative tasks) into a weekly routine, adding new steps sequentially as your inventory moves through the Amazon FBA pipeline.

Listen