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#962: New ProvenAmazonCourse.com student started with $1000 and is seeing 29% NET margins!

Silent Sales Machine Radio · with Tasken · February 6, 2025 · 52 min

Summary

This episode showcases a successful Amazon seller who, starting with just $1,000, achieved 29% net margins by leveraging the Proven Amazon Course and its coaching. It highlights the power of online arbitrage and wholesale models on Amazon, emphasizing the importance of community, continuous learning, and strategic tool utilization for sustainable growth and profitability, even for new sellers navigating challenges like account velocity reviews.

Key takeaways

Themes

amazon & marketplacesfinance & fundraisingfounder & leadership

Topics covered

amazon fbaonline arbitragewholesale sourcingkeepanet profit marginsroisection 3 amazon account reviewungatingecommerce coachingseller toolsfinancial literacycommunity building

Episode description

Can you get 30% net margins as a new REPLENS seller on Amazon? Yes you can! Today's guest is yet another coaching student (SilentJim.com/bookacall) who is building a beautiful business with his family on Amazon. He has a masters degree in Finance, so he knows his numbers including 29-30% NET margins and 40%-60% ROI! He's thrilled by the results he's seeing in his Amazon REPLENS business (the foundational strategy of the ProvenAmazonCourse.com training). He started with $1,000 and loved what he saw, so he quickly added in another $15,000 for inventory and now has a business worth about $50K with no outside funds being added! You'll be motivated and encouraged by this seller who is looking at a very bright 2025! Stick around for the last few minutes of the episode today to hear an update about "The System". The System (aka 3PMercury found at SilentJim.com/thesystem) is the software that completely automated Khang's $3 million replens business with 10,000 ASINs while requiring only a team of only 2 people! Hundreds of users are now using The System to successfully automate their ProvenAmazonCourse.com REPLENS businesses - and you can as well! TODAY'S INSIGHT: If you are using spreadsheets or sticky notes to manage your Amazon business, STOP! The System will save you hours daily and allow you to scale faster and more profitably in your Amazon (and soon Walmart) selling business! Watch today's episode on our YouTube channel here: https://youtu.be/LJYxnGMWCPw Show note LINKS: SilentJim.com/ungating - Our tips and strategies for new sellers dealing with ungating issues. Free

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Begin with a small investment (e.g., $1,000) and scale by reinvesting profits and leveraging proven course content to build a successful Amazon reselling business.
What does this episode say about finance & fundraising?
Utilize essential Amazon seller tools like Keepa strategically for informed inventory decisions, understanding that vendor-specific training can unlock their full potential for sellers, not just shoppers.
What does this episode say about founder & leadership?
Actively engage with seller communities (like the 80,000-member Facebook group mentioned) for free support, verified success stories, and to vet business opportunities, avoiding those lacking transparent community engagement.
What does this episode say about amazon & marketplaces?
Combine online arbitrage (OA) and wholesale models to diversify inventory sourcing and ensure consistent product availability, crucial for maintaining momentum and scaling an Amazon store.
What does this episode say about amazon & marketplaces?
Implement a disciplined daily and weekly plan for business operations, focusing on quality suppliers and understanding Amazon’s policies to quickly resolve issues like "Section 3" account reviews by providing legitimate invoices.

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