#815: What's the one magic strategy that helps all students suddenly "get it"?
Sorry to burst your bubble, but after helping hundreds of students succeed on Amazon last year we are positive that "There is No Magic Formula".
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We can teach you the SYSTEM, but there are lessons to learn and opportunity comes with a steady ongoing learning curve.
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This new podcast episode discusses the opportunities and complexities of finding profitable Amazon products (aka Amazon Standard Identification Numbers or ASINs).
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We address the common misconception that there's a simple magic formula for success in selecting "winning profitable" ASINs. There just isn't!
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The discussion emphasizes the importance of matching any ASIN you find with a reputable source, avoiding third-party sellers, ensuring brand accuracy, and verifying listing details. It further highlights that testing is crucial for gaining experience, understanding inventory placement, improving account health, receiving seller feedback, and uncovering profit opportunities.
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Once you have these habits, you will be an ASIN hunting NINJA, but until then, you're taking unnecessary risks and cutting your success short!
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The episode advises testing safely by choosing fast-moving items, protecting capital, and being open to testing rather than finding reasons not to. It concludes that there's no universal formula for testing or replenishing ASINs, stressing that experience and inventory control, even with a small number of units, are key to making informed decisions.
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The importance of diligence and careful evaluation is underscored in the conclusion.
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Special guest at the conclusion of today's show, Jeff Schick of https://JeffSchick.com answers the question: "Can the actions I take with my amazon SHOPPING (buyer) account effect my Amazon SELLER account?"\xa0
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Watch this episode on our YouTube channel: https://youtu.be/ss8W5rfeLZE
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Show note LINKS:\xa0
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SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book!
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TheProvenConference.com - so much information and great networking at our LIVE event. We'll have Rabbi Lapin as our keynote speaker and 40 break out sessions at the upcoming event in May 2024 in Orlando!
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SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
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My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + 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!
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ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
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JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text)\xa0 ALL of our coaches are running very successful businesses of their own based on the models we teach here! We\u2019ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
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