This episode features a new Amazon seller who, in just a couple of months, found significant success using the "above by box" strategy to identify highly profitable ASINs. It offers actionable strategies for sourcing products efficiently and a simple yet effective method for achieving a 90% success rate in ungating restricted categories, demonstrating how new sellers can quickly build a profitable Amazon FBA business.
Key takeaways
Leverage the 'above by box' strategy to find profitable ASINs, even with higher pricing than competitors, by focusing on perceived value or listing quality.
Implement the shared simple strategy for ungating requests to achieve a high success rate, enabling access to restricted product categories.
Identify products that can be sourced at low cost (e.g., $2 retail) and sold at a significant markup (e.g., $16) even when you are the highest-priced seller.
Utilize tools like Profit Cyclops for real-time order tracking and profit calculation to maintain a clear financial overview of your Amazon FBA operations.
Engage with seller communities and conferences, like the Proven Conference, for networking, learning, and staying updated on successful Amazon selling strategies.
On today's episode we meet a new ProvenAmazonCourse.com student who has only been selling for a couple of months. He's finding great inventory already based on the "above by box" strategy that so many new and experienced sellers are loving lately. Finding products: One example he shares is a $2 item (he easily sources it at full retail price) that he's selling consistently for $16 as THE HIGHEST PRICED SELLER on the ASIN with 12 other sellers! You'll hear him explain how it works on this episode. Ungating: He is seeing 90% of his ungating requests succeed with a a single button click, and he shares his simple strategy as to how it works. He's also planning to attend our conference in May and he shares his excitement about that. Details on that event can be found at the proven conference.com. We spend some time as well discussing getting ungated as a new seller. Check out our episode sponsor Profit Cyclops - Realtime Order Tracking and Profit Calculation Easy to view dashboards and charts in days, weeks and months. A staple to your everyday operations, everything that Amazon misses to show you. Watch this episod eon our YouTube channel here: https://youtu.be/8QcMJt0v5uQ Show note LINKS: SilentJim.com/bookacall - Want to work with a great coach on our team? Where you live DOES NOT matter - we have successful STUDENTS and COACHES all over the world! My Silent Team Facebook group. 100% FREE! https://www.facebook.com/groups/mysilentteam - Join 80,000 + Facebook members fr
Frequently asked about this episode
What does this episode say about amazon & marketplaces?
Leverage the 'above by box' strategy to find profitable ASINs, even with higher pricing than competitors, by focusing on perceived value or listing quality.
What does this episode say about supply chain & operations?
Implement the shared simple strategy for ungating requests to achieve a high success rate, enabling access to restricted product categories.
What does this episode say about finance & fundraising?
Identify products that can be sourced at low cost (e.g., $2 retail) and sold at a significant markup (e.g., $16) even when you are the highest-priced seller.
What does this episode say about amazon & marketplaces?
Utilize tools like Profit Cyclops for real-time order tracking and profit calculation to maintain a clear financial overview of your Amazon FBA operations.
What does this episode say about amazon & marketplaces?
Engage with seller communities and conferences, like the Proven Conference, for networking, learning, and staying updated on successful Amazon selling strategies.
