This episode provides foundational knowledge for new Amazon sellers, covering essential topics like choosing the right seller account (individual vs. professional), understanding Amazon’s payment periods, and managing a business remotely. It also features crucial legal advice on mis-branded ASINs to help new sellers avoid common pitfalls and ensure compliance.
Key takeaways
Distinguish between Amazon's Individual and Professional seller accounts based on cost structures, selling limits, and features to choose the best fit for your business goals and sales volume.
Implement strategies for managing your Amazon business on the go, utilizing mobile apps, remote management tools, and time-saving techniques to maintain productivity outside a traditional office setting.
Familiarize yourself with Amazon’s payment disbursement cycles to accurately forecast cash flow and avoid financial surprises in the early stages of your online business.
Understand what mis-branded ASINs are, how they occur, and their potential consequences (listing suppression, account suspension) to proactively manage risk and ensure listing compliance.
Leverage free community resources like the "My Silent Team" Facebook group to gain insights from experienced sellers and access proven strategies for growing your Amazon business.
In this episode, Brian and Robin Joy discuss how to start an Amazon business explaining the two types of seller accounts, a great tip for working on the go and what payment period terms are available to new sellers. Listen to the basics explained carefully so you know the choices you have when you are just starting out to run a successful Amazon business. Being informed is a huge part of success in this business! Our special guest and legal advisor at the conclusion of today's show, Jeff Schick of JeffSchick.com discusses mis-branded ASINs and how those listings affect sellers. Watch this episode on our YouTube channel here: https://youtu.be/JcUXlL2CdfM Show note LINKS: SilentJim.com/bookacall - Book a FREE call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course 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 My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam 100% FREE! Join 77,000 + 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!
Frequently asked about this episode
What does this episode say about amazon & marketplaces?
Distinguish between Amazon's Individual and Professional seller accounts based on cost structures, selling limits, and features to choose the best fit for your business goals and sales volume.
What does this episode say about founder & leadership?
Implement strategies for managing your Amazon business on the go, utilizing mobile apps, remote management tools, and time-saving techniques to maintain productivity outside a traditional office setting.
What does this episode say about finance & fundraising?
Familiarize yourself with Amazon’s payment disbursement cycles to accurately forecast cash flow and avoid financial surprises in the early stages of your online business.
What does this episode say about amazon & marketplaces?
Understand what mis-branded ASINs are, how they occur, and their potential consequences (listing suppression, account suspension) to proactively manage risk and ensure listing compliance.
What does this episode say about amazon & marketplaces?
Leverage free community resources like the "My Silent Team" Facebook group to gain insights from experienced sellers and access proven strategies for growing your Amazon business.
