This episode debunks common skeptical arguments against selling on Amazon, particularly for new and aspiring ecommerce entrepreneurs. It reframes perceived obstacles like saturation, capital requirements, and complexity as manageable challenges within Amazon's vast marketplace, emphasizing the platform's sustained growth and accessibility through models like 'Replens'. The host provides a compelling case for Amazon as a low-risk, high-reward opportunity for building a sustainable online business.
Key takeaways
Online retail in the US is currently under 20% of total retail activity, with Amazon making up about half of that, indicating massive untapped growth opportunity.
The 'Replens' model (filling underserved shelf space in Amazon's warehouses) is presented as a low-investment, low-learning-curve, high-success-rate approach to selling on Amazon, ideal for beginners.
Skeptics' concerns about market saturation are countered by the existence of a billion ASINs on Amazon and the fact that 30-40% of daily transactions involve resellers on underserved listings.
Building a successful business, including on Amazon, requires diligence, sacrifice, and delayed gratification; there is no 'easy button' for immediate wealth.
While courses and coaching can be beneficial, they are not strictly 'needed' for success on Amazon, especially with free resources like the Silent Sales Machine Radio community.
Is the Amazon selling opportunity viable? What concerns do you have? We've heard all the skeptical voices and we have facts and data to help you make up your own mind! On today's new podcast episode we address: Is Amazon saturated with sellers? Is it too expensive to get started? Where can I store inventory? Is selling on Amazon too complex for you? What if I can't afford a coach? What if I REALLY don't want to use a course? Bottom line - the opportunity is BIGGER today and more available to you than it's ever been, and will be BIGGER tomorrow than it was today - and we can prove it! Let's talk about it! Watch this episode on our YouTube channel here: https://youtu.be/etqpoC9Nsb8 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. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 76,000 + 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! ht
What does this episode say about amazon & marketplaces?
Online retail in the US is currently under 20% of total retail activity, with Amazon making up about half of that, indicating massive untapped growth opportunity.
What does this episode say about founder & leadership?
The 'Replens' model (filling underserved shelf space in Amazon's warehouses) is presented as a low-investment, low-learning-curve, high-success-rate approach to selling on Amazon, ideal for beginners.
What does this episode say about finance & fundraising?
Skeptics' concerns about market saturation are countered by the existence of a billion ASINs on Amazon and the fact that 30-40% of daily transactions involve resellers on underserved listings.
What does this episode say about amazon & marketplaces?
Building a successful business, including on Amazon, requires diligence, sacrifice, and delayed gratification; there is no 'easy button' for immediate wealth.
What does this episode say about amazon & marketplaces?
While courses and coaching can be beneficial, they are not strictly 'needed' for success on Amazon, especially with free resources like the Silent Sales Machine Radio community.
