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#840: New ProvenAmazonCourse.com student shares his journey to five figures per month

Silent Sales Machine Radio · with Tim · May 23, 2024 · 38 min

Summary

This episode features Tim, a new Amazon seller who, despite a full-time job and family commitments, built a profitable Amazon business, achieving five figures a month. He shares his journey from initial struggles to finding consistent success with replens, emphasizing the importance of coaching and strategic product sourcing for sustainable growth on Amazon.

Key takeaways

Themes

amazon & marketplacesfounder & leadership

Topics covered

amazon fbaretail arbitrageonline arbitragereplensproduct sourcingseller coachingamazon seller insurancefinancial goalsecommerce business growth

Episode description

On today's new podcast episode we interview a student who doesn't quite have it all figured out yet, but he's getting there and he's determined! He has a full-time job and other grandparent duties that keep him busy, and he's not been doing the Amazon REPLENS model very long, but he's had a few five figure sales months and he's on his way to building a beautiful business! Many listeners have told us they enjoy hearing us interview people who are still figuring it out just as much as they like hearing from our 100's of successful students, so we love to bring you stories from our ProvenAmazonCourse.com students who are at all levels of results and success! Today's episode is sponsored by Forward Financial Group - https://SilentJim.com/freedom Their money coaches will prepare your free, no obligation plan to get out of debt now! Watch this episode on our YouTube channel here: https://youtu.be/EaXq0724Yrw Show note LINKS: 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 or visit https://silentjim.com/free11 SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course My Silent Team Facebook group - <a class= "Pro

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
For new sellers, start with low-risk methods like retail arbitrage and selling items around the house to build capital and learn the ropes. This 'pyramid' approach minimizes initial investment risk.
What does this episode say about founder & leadership?
Transition from one-off clearance finds to "replens" (repeatable products) for more stable, long-term inventory and consistent sales on Amazon.
What does this episode say about amazon & marketplaces?
Leverage coaching to identify and overcome growth plateaus. A structured "three-step check" for product vetting can significantly improve sourcing efficiency and profitability.
What does this episode say about amazon & marketplaces?
Be prepared for Amazon's requirements, such as liability insurance once your sales reach a certain threshold, and factor these costs into your business planning.
What does this episode say about amazon & marketplaces?
Diversify your product categories beyond groceries to mitigate issues like expiration dates and broaden your evergreen inventory options.

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