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#890: Student has his first $1k day just a couple weeks into coaching

Silent Sales Machine Radio · with Amar · September 5, 2024 · 52 min

Summary

This episode highlights an Amazon FBA student's rapid success, achieving a $1,000 day within weeks by leveraging a key strategy: identifying underserved listings and sourcing inventory from local retail clearance. It demonstrates that with targeted training and smart sourcing, new sellers can quickly generate significant sales even as the highest-priced seller on a competitive listing. Ecommerce operators will learn actionable tactics for inventory acquisition and competitive selling on Amazon.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsfounder & leadership

Topics covered

amazon fbaretail arbitrageinventory sourcingpricing strategy amazonunderserved amazon listingsecommerce coaching

Episode description

We love to see ProvenAmazonCourse.com students get off to a fast start with success early in their journey! Today's guest is a new PAC and coaching student who took action and already is seeing tremendous results.   Thanks to the training he received, he recently jumped on a listing on Amazon with 200+ other sellers and sold a TON of product (2,400 units). He sourced them from local Target stores (they cleared their inventory from storage for him).   The best part - he was the HIGHEST PRICED SELLER of all 200+ sellers!!   He was able to do this because he understands one of the core lessons from the PAC/replens training which is to look for UNDERSERVED shelf space at Amazon. Once you grasp that concept, there's opportunity everywhere.   Listen to today's brand new show and others here: https://SilentJim.com/podcast   Watch today's episode here: https://youtu.be/mwBH5gF9fao   Show note LINKS:  Join the discussion about Amar's 2,400 units sold at the highest price with 200+ other sellers here: (you will need to be a member of our free MST facebook group) https://www.facebook.com/groups/mysilentteam/posts/8152688351513870   "The System" - the software Amar is using to automate the workflow of his Amazon business: SilentJim.com/thesystem   The free book Amar read to start his journey: SilentJim.com/free11   SilentJ

Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Focus on identifying 'underserved shelf space' on Amazon listings where high demand isn't met by optimal pricing, allowing you to sell at a premium.
What does this episode say about supply chain & operations?
Source inventory strategically from local retail clearance events (e.g., Target liquidation) to acquire products below wholesale cost.
What does this episode say about founder & leadership?
Don't be afraid to be the highest-priced seller if your product is well-positioned and meets an underserved demand; high volume can still be achieved.
What does this episode say about amazon & marketplaces?
Utilize coaching and specialized training programs like Proven Amazon Course to accelerate learning and implement effective Amazon FBA strategies.
What does this episode say about amazon & marketplaces?
Explore automation tools to streamline workflow and manage your Amazon business efficiently as you scale.

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