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#806: A live Amazon Q/A with our Facebook members and PAC students

Silent Sales Machine Radio · with Nathan Bailey · March 23, 2024 · 96 min

Summary

This episode offers an unfiltered Q&A session directly addressing common and advanced challenges faced by Amazon sellers. It provides practical advice on navigating Amazon-specific issues like pricing requests, product safety, and brand protection, alongside strategies for optimizing product listings and expanding business models beyond basic arbitrage. This is a must-listen for both new and experienced Amazon FBA sellers looking to refine their operations and mindset for sustained growth.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsfounder & leadership

Topics covered

amazon seller communityamazon fba strategieskeepa analysisamazon pricing requestsproduct safety certificatesamazon trademarksreplens modelabundance mindsetbrand protection on amazonseller coaching

Episode description

Once per week or so our Amazon seller leadership team and I love to go live on Zoom with whoever can join us and answer as many ecommerce and Amazon selling related questions as possible. We love to capture the best moments from these Monday night sessions for you and turn them into a podcast episode.   Here are several summary answers recorded for you:   Jim gives what he calls an "infomercial" to launch this Facebook live! The My Silent Team Facebook group now has 75,000 members strong! Jim has about 60 coaches on his team, all of whom have their own robust Amazon businesses! Jim has earned a living from e-commerce alone for over 20 years and he loves what he does!   Jim introduces Nathan Bailey, who has worked with him for 20 years now (primarily in the coaching department)! "The mission is bigger than the man" in this community and we really want everyone to succeed! Jim shares the candlelight vs cake mentality which is a poverty vs abundance mindset that we really emphasize in this community! Jim and Nathan explain the "inch deep, mile wide" approach that we want new sellers to follow when starting. Podcast episode 554 talks about the "selling above the buy box" strategy.   Jim outlines 3 red flags to be on the lookout for when reading Keepa: If listed as a generic brand - do not list on it!! (means it is likely mis-branded) Jim discusses pricing requests that Amazon sometimes makes and how to handle those The guest asks Jim about product safety certificates and how he should go about handling the situation. Jim recommends listening to Podcast episode 754 to hear about the possibilities with the Replens model. Coach Nathan Bailey answers the guest's questions about trademarks and also shares his business which can help further with these questions -  https://humnbird.com   For more experienced sellers, Jim outlines some additional ways to make an online i

Frequently asked about this episode

What does this episode say about amazon & marketplaces?
When using Keepa for product research, immediately flag and avoid listing against generic brands to prevent mis-branding issues.
What does this episode say about supply chain & operations?
Successfully navigating Amazon's pricing requests often involves understanding the platform's algorithms rather than always accepting suggested changes; assess your margins and market position before adjusting.
What does this episode say about founder & leadership?
For new Amazon sellers, adopt an 'inch deep, mile wide' approach by exploring a variety of products before specializing, as discussed in episode 554 for 'selling above the buy box' strategies.
What does this episode say about amazon & marketplaces?
Protecting your brand on Amazon is crucial; actively address trademark concerns and seek resources like humnbird.com for specialized assistance.
What does this episode say about amazon & marketplaces?
Embrace an abundance mindset, akin to the 'candlelight vs. cake' analogy, focusing on growth opportunities rather than scarcity, especially when exploring new Amazon business models like Replens (detailed in episode 754).

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