#810: Our weekly highlights and recap of powerful business lessons
In today's weekend episode we have highlights of a prior show.\xa0
\xa0
Today's guest only learned of Amazon REPLENS just a few short months ago. She's a busy mom working full-time and pursuing a business degree but she's managed to just have a very healthy five figure month on Amazon using the strategies as taught in the\xa0ProvenAmazonCourse.com course.
\xa0
We covered episode #775 -\xa0 Busy mom pursuing a college degree while also building a beautiful Amazon business.\xa0The full episode can be heard at https://silentjim.com/podcast
\xa0
Highlights include:\xa0
Jim gives some introductory information:\xa0www.theprovenconference.com in order to register for the annual conference - May 23-25, 2024 in Orlando, FL!\xa0
Book a free call with Jim\u2019s team regarding coaching (every coach has their own successful Amazon business!) www.silentjim.com/bookacall\xa0
\xa0
The guest details her journey in the e-commerce world which started with Mercari and Poshmark before she found Amazon. She discusses ASD in Las Vega. Now that it\u2019s the beginning of 2024, she is re-evaluating how to keep the momentum going and how to continue to grow!\xa0
\xa0
The guest shares with Jim that during December, her sourcing was about 40% wholesale and 60% RA/OA. Jim encourages her to keep the wholesale going since she has already learned a lot (typically we do not recommend new sellers start with wholesale). But Jim REALLY encourages the guest to focus on the low hanging fruit while she is trying to ramp up and to do more RA and OA! Jim recommends Podcast #369 for all things Keepa! The guest mentions Seller Amp, which estimates sales per month (from Keepa data). Jim reminds the listeners to not get emotionally attached to any ASINs!\xa0
\xa0
The guest had an incredibly busy Q4 with merchant fulfilling her sales! Jim then asks the guest what her process is for finding winning ASINs! The guest shares that she uses reverse sourcing and Jim affirms that this is an acceptable method to find test worthy ASINs
\xa0
The guest shares how she found out that her boyfriend\u2019s boss sells on Amazon as well. She was excited to know someone so close who is doing the same thing! Reminder that you can use the My Silent Team Facebook page to find other sellers located close to where you live! -\xa0https://www.facebook.com/groups/mysilentteam/posts/4243062552476489/
\xa0
The guest asks for Jim\u2019s favorite book recommendations (aside from the Bible!): Business Secrets from the Bible by Rabbi Daniel Lapin. (The Rabbi is going to be the keynote speaker at The Proven Conference May 23-25, 2024!)
The Blessed Life and Beyond Blessed by Pastor Robert Morris - which have to do with stewardship. Entreleadership by Dave Ramsey\xa0
\xa0
The guest asks Jim about inventory management and how best to go about handling all the moving pieces! Jim recommends Podcast #754 with Khang (who is coming out with new software- www.silentjim.com/system). Replen Dashboard is another good option (Jimmy Smith).\xa0
\xa0
Sponsored by Buy or Sell on Amazon
If you are well positioned to take advantage of buying an established Amazon account at the start of your Amazon journey, it can make sense to do so! Benefits include potentially far faster payouts, fewer category or storage restrictions, a better seller rating on the platform and an established account health reputation with Amazon - just to name a few. Read about the only Buy/Sell services we like at: https://SilentJim.com/buyorsell
\xa0
Show note LINKS:\xa0
The Replens Dashboard - Replen Dashboard accurately tracks product movement and trends to help you with buying decisions and inventory projections. An awesome piece of software to keep all of your records straight!\xa0https://replendashboard.com?lmref=jEcJkw
\xa0
https://PrepCenterNetwork.com\xa0- Need a hand in prepping inventory? We have a list of all known Amazon seller prep centers worldwide. If you know of a prep center that\u2019s not listed, please let us know!
\xa0