#499: How does a "multiple income stream" conversation fit into an Amazon seller's life?

A panel of leaders from our team got together to tackle these questions recently and we recorded the conversation. ALL Amazon resellers, bundle sellers and anyone who is considering selling on Amazon will benefit from hearing this discussion.   Overview: A couple times per year for the past 20+ years we've seen both minor and major updates and changes come into play for sellers on Amazon, eBay etc.   Amazon has changed policy and fee structures recently so we dive into the details.   Right now there's a lot of discussion about the latest fee and shipping changes on Amazon for example. How concerned are serious sellers? How big of an impact will these changes have?   Topics covered among others: Has the opportunity on Amazon changed? Is it harder now? If so, how much? Are changes necessary in light of these changes? How are these changes BENEFITING especially newer sellers? What's the bottom line impact we are predicting as far as total impact sellers will see? What solutions have already floated to address these changes?   Watch this epiosde on our YouTube channel: https://youtu.be/Pm2YNbxg-yU   This episode is sponsored by https://humnbird.com - They help sellers get established on Amazon (sell in the US from anywhere in the world), They specialize in everything from Intellectual Property, Trademarks, Patents, Corporation Setup to Branding, Design and Marketing. We recommend their affordable systems and solutions giving you everything you need for your wholesale and private label business even overseas!   Show note LINKS:   Khang's podcast episode 754 https://silentjim.com/podcast/episode-754-fully-automated-oa-replens-business-doing-multiple-seven-figures   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!   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!   SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course   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!   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!   New Amazon sellers can inquire about a $400 credit towards seller shipping fees here: https://sellercentral.amazon.com/new-seller-incentives/dashboard

Today's all new episode tackles common questions and challenges faced by newcomers to selling on Amazon, specifically around restrictions and approved categories. It begins by addressing the concerns of many new sellers who find themselves confused by the limitations placed on what they can sell, noting that initial approval typically includes categories like Home and Kitchen, Arts and Crafts, Office Products, and Pet Supplies (excluding pet food).   Even with all the initial restrictions that Amazon has though, there are a significant number of available ASINs (products) in these approved categories that total over 50,000 products—that meet specific criteria such as having some past or current FBA offers, being non-hazmat, having no Amazon sales in the past 30 days and experiencing at least 30 or so sales rank drops in the past month.   Further, the episode provides strategic advice on how to expand your list of potential ASINs by selecting trustworthy sources.   Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: "If I get some 'free stuff' from a supplier or elsewhere, can I sell it safely on Amazon?"   Watch this episode on ourYouTube channel: https://youtu.be/x2WajDhHOwA   Show note LINKS:   SilentJim.com/ungating - a post in our facebook group that's all about what categories are open to you as a new seller   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!   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!   SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course   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!   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!   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)  ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve 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!  

Today's podcast guest lives in Laos and runs a successful Amazon selling business in the US on Amazon.com. He's using concepts from the ProvenAmazonCourse.com course to provide all the living expenses he needs while he's living permanently in the country that God called him to  serve and love on the people of a poor nation.   Laos is a poor nation where the US dollar goes very far, so our guest for today's show is using the proceeds to bless those near him and even training them on how to get into ecommerce themselves as you'll hear.   It's another great example of what's possible when you learn the basics of Amazon the way we teach it - the flexibility of location is powerful and you won't believe what he's been able to achieve so fast in his young journey of only a few months as a REPLENS student of our training!   This episode is sponsored by the https://JimCockrumCoaching.com team! We have nearly 60 coaches currently. Set up a time to chat with us about coaching if you are ready to speed up your journey towards having a real business that you can be proud to own. Get a free session with a business consultant on our team at 1-800-994-1792 or set up a calendar date at https://SilentJim.com/bookacall   Watch this episode on our YouTuve channel: https://youtu.be/yMv4Amf_Owc     Show note LINKS:   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!   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!   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!   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!   https://PrepCenterNetwork.com - 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’s not listed, please let us know!   Today's guest Roger Dunn      

Once per week or so our Amazon seller leadership team and I love to go live on Zoom with whoever can join us and answer as many ecommerce and Amazon selling related questions as possible. We love to capture the best moments from these Monday night sessions for you and turn them into a podcast episode.   Jim gives us an introduction and background on SilentJim.com and the ProvenAmazonCourse.com   Coach intro to Kickstart Bootcamp - Robin Joy gives an overview    Podcast best hits -- Jim covers which episodes are most helpful and popular with our listeners of the Silent Sales Machine Radio podcast https://silentjim.com/podcast   They touch on cross the border selling and the advantages of doing so   Jim clarifies what a replen is and how knowing this is intregal to your success   Lots of discussion on why Keepa is so important to your Amazon business   Question My question is, I'm in Canada and I did start my journey as a private label seller and that didn't go too well and then I joined you I think a year ago, should I sell here or in the US? You have a very unique advantage living in Canada. We've got some cross border training coming from Debbie on our team here and we're going to actually be rolling it out at the conference in May. https://theprovenconference.com   Question My question is how do I do replens? I've always done replens and home goods products which sell very well but I have to get my income up more. Replens definition Let's talk about what a replen is real quick. The difference between where you are now and having a business where you pay someone to put tape on boxes which is $12 $15 an hour work, you need to be spending time perfecting your Keepa skills.  You really got to dive into replens, find test worthy asins and build your book of ASINs When you start off in the Proven Amazon Course you're going to start off with Amazon 101, then both Replens courses we offer in the PAC. You will see exactly where to start on the tab "get started" and that's going to keep you busy the next three or four months.   Question  What podcast could help me understand keepa charts? If you want a shortcut get the course get the proven Amazon course go through Kickstart. https://silentjim.com/kickstart/ Podcast episodes which are helpful and fan favorites. Episodes 369 is the go to beginner's understanding of how we use Keepa, then episodes 612, 554, 555, 754 at https://silentjim.com/podcast For those of you who around earlier when I was mentioning it podcast episode 754 is our interview with Khang Dang. He's brilliant and created a software program to help manage his multimillion dollar Amazon business. We're very proud of how low we're going to make the price on this thing. https://silentjim.com/thesystem   Question Someone asked if there's any repricing training inside the Proven Amazon Course. Yes, there is. Bqool is one of our great sponsors. Repricer training - Bqool training module inside the ProvenAmazonCourse.com (direct link) https://learning.silentsalesmachine.com/members/courses/bqool/  Bqool webpage with group special https://SilentJim.com/repricer   Support Questions for us? If you got any questions about anything that we talked about tonight you can always contact our support team at [email protected]          

On today’s new podcast episode we meet a married couple who began their Amazon selling journey just a few short months ago.   They are ProvenAmazonCourse.com students who quickly jumped into our coaching program as well and they are doing great!   As you'll hear, they have made incredible progress in a very short time! You’ll hear what types of products that are selling, how they find a new "test worthy asins", and all the realities of the day today routines they’ve established to give them an incredible trajectory towards a very bright financial future.   They are also joining us in Orlando at the upcoming TheProvenConference.com event along with nearly 700 registered attendees May 23-25th! If you can't make it, be sure to grab livestream access as soon as possible on that same website while it's on sale!   Watch this episode on our YouTube channel here https://youtu.be/yi63GHcMDnE   Check out our sponsor for this episode. Aura https://try.goaura.com/jim Aura is the modern Amazon repricer, powered by AI. Leverage advanced features like Maven and Hyperdrive to safeguard your margins and keep you competitive. Start growing your sales profitably by automating your pricing—in under 10 minutes. Claim your free 14-day trial today, no credit card required. If you're a new Amazon seller doing under $10k per month, you'll want to check out Aura's Early Stage program. Get access to Aura's advanced features for only $27/mo for up to 12 months. Visit https://try.goaura.com/jim-early-stage   Today's guests Silas and Christine Anderson   Show note LINKS:    SilentJim.com/bookacall - book a 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 silentjim.com/free11!   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!   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!   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)  ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve 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!      

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".   We can teach you the SYSTEM, but there are lessons to learn and opportunity comes with a steady ongoing learning curve.   This new podcast episode discusses the opportunities and complexities of finding profitable Amazon products (aka Amazon Standard Identification Numbers or ASINs).   We address the common misconception that there's a simple magic formula for success in selecting "winning profitable" ASINs. There just isn't!   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.   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!   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.   The importance of diligence and careful evaluation is underscored in the conclusion.   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?"    Watch this episode on our YouTube channel: https://youtu.be/ss8W5rfeLZE   Show note LINKS:    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!   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!   SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course   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!   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!   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)  ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve 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!      

Today's all new podcast episode is yet another fantastic Proven Amazon Course success story student!   Sharon is a full-time teacher, but with her spare time she’s built an incredible Amazon business!   With the help of coaches on our team, she has built successful branded bundles and is also using our REPLENS selling strategies as taught in the ProvenAmazonCourse.com course.   You pick up several valuable strategies and tips from our discussion with Sharon today.   Watch this episode on our YouTube channel here: https://youtu.be/ApyRXTeHz_k   Today's show is sponsored by Getida  http://silentjim.com/reimburse  - the free service that finds money Amazon owes you   Show note LINKS:  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!   ProvenBrandedBundles.com - added to the ProvenAmazonCourse.com library as of mid-April 2024!   Come meet your fellow listeners to this podcast, dozens of our coaches and hundreds of business building warriors at our live event in May! Tickets are on sale now! TheProvenConference.com/orlando/   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 silentjim.com/free11!   SilentJim.com/bookacall - schedule a call with our coaching team to discuss your Amazon business   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)  ALL of our coaches are running very successful businesses of their own based on the models we teach here!   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!   Silentjim.com/affiliates - get paid to refer others to any of our free and paid resources   Humnbird.com - They specialize in everything from Intellectual Property, Trademarks, Patents, Corporation Setup to Branding, Design and Marketing. We recommend their affordable systems and solutions giving you everything you need to for your wholesale and private label business even overseas!   JeffSchick.com - the amazon policy expert and lawyer used by many in our community   Today's guest: Sharon Atherton  

Once per week or so our Amazon seller leadership team and I love to go live on Zoom with whoever can join us and answer as many ecommerce and Amazon selling related questions as possible. We love to capture the best moments from these Monday night sessions for you and turn them into a podcast episode. Intro topics Jim gives us background on the My Silent Team Facebook group and how to join.   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   Proven Conference and Scholarship   Coach intro to Kickstart Bootcamp   Discussion on 100 ASIN class - Robin Joy gives an overview    Podcast overview -- Jim covers Coaches Corner and what happens on that episode each week on Silent Sales Machine Radio podcast and he talks about our upgrade to the podcast page - new LOOK https://silentjim.com/podcast   Questions from the group participants: Question -  What is the difference between Jungle Scout and Keepa?  One of the best tools we recommend is Keepa which allows a quick decision based on good data that we Listen to episode #369 at https://silentjim.com/podcast to hear the best information we teach about Keepa Keepa link - https://silenjim.com/keepa   Question - I use Bqool repricer and need help with a setting, can you help? Bqool - https://silentjim.com/repricer Facebook group - great question for our FB group https://www.facebook.com/groups/mysilentteam   Question - Can you still do ra when you change to a wholesale account? Podcast #807 is an example of building an Amazon Business where our student uses several different business models in one selling account. PROVEN Branded Bundles -we're going to be adding this course to our PAC this month! https://PROVEN Branded Bundles.com   Question - Does the old buying inventory 3x rule still work selling on Amazon? The answer is it depends! Use a great tool to be well informed https://provenamazoncourse.com/revseller - gives you a quick estimate of the fees   Question-If I leave an as I'm run out of an as out of a stock and I'm not sure if I'm going to continue with that ASIN or not? Do I have to close it out or can I leave it as it is? Not an issue but there are considerations here.   Question -If Amazon is on the listing should I avoid that ASIN? More thoughts on this strategy a bit later in the show.   Question - When I get good inventory listed I get a letter from the supplier saying that I am not authorized to sell, how do I deal with this? Jeff Schick is a terrific resource here https://jeffschick.com Asking on the MST Facebook group with hidden details is helpful in discerning if the letters are legit The Keepa chart's sharp decline of sellers is a hint that the brand may be best to stay away from - "grumpy brands"   Question: Are we allowed Amazon to Amazon Flips? Yep! Don't use your Prime account.   Question: Should I set my price higher than the Buy Box price for 3-4 weeks? Podcast #554 - Above the Buy Box pricing   Question - Why it doesn’t always matter that Amazon is selling on the ASIN? Sometimes Amazon being on the listing is better for boosted ranks of your product.   Buy Box crucial information Question: Do you try to win the buy box or match the buy box? https://silent Jim.combb70 - our Facebook chat of all Jim's examples of selling at a higher price Podcast 554, 555, 612 - these episodes highlight Above the Buy Box pricing Be sure to be well informed in the Replens training in our Proven Amazon Course before diving too deeply in this strategy Suppressed Buy Box Jim explains what that means. How it can be a plus on your product listings.

For over 20 years, the only income my family and I have had is from multiple online ventures. I've learned many valuable lessons about growing online streams of revenue over this time and on today's episode I break down the most important elements of the journey.   I explain why we start the vast majority of our new students with Amazon selling. I also discuss the three categories of opportunity that we see online (all business ideas online fit into one of these three).   If you can BUILD SYSTEMS (automate processes) and PURSUE RELATIONSHIPS (surround yourself with others on a similar journey) you can also build great income streams online.   Today's episode is sponsored by Sellerboard Check out sellerboard - THE accurate profit analytics tool for Amazon sellers that helps you calculate your profit precisely accounting for all hidden fees and in real time. Use our link and get a TWO month free trial: https://SilentJim.com/numbers    Watch this episode on our YouTube channel here: https://youtu.be/9V-gRYBJGwQ   Show note LINKS:   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 in audio!   TheProvenConference.com -  there is so much information, training 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!   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!   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!   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)  ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve 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! SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course        

On today's new podcast episode you'll meet a coach on our team who is running a $500K+ Amazon REPLENS business with his wife.   When covid slowed their family business to a crawl they knew they had to find a flexible, scalable biz model to replace the income and they've found it in the REPLENS strategies as taught in the ProvenAmazonCourse.com course.   You'll hear about what they sell, how they find their inventory, how they've scaled with virtual assistants from the Philippines as well as details on the other strategies they are branching into currently.   Sponsored by Arbitrage Card - Save cash with DISCOUNTED GIFT CARDS! A member of our community has put together a free eBook on this topic which includes a basic introduction to gift cards as well as some tips and resources that can benefit even those who are already experienced with gift cards. Get the free report at: silentjim.com/giftcards   Watch this episode on our YouTube channel: https://youtu.be/RXUGVWUHBa4   Show note LINKS:   Come meet your fellow listeners to this podcast, dozens of our coaches and hundreds of business building warriors at our live event in May! Tickets are on sale now! TheProvenConference.com/orlando/   https://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)  ALL of our coaches are running very successful businesses of their own based on the models we teach here! Or grab a slot on our calendar at https://SilentJim.com/bookacall   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://silentsalesmachine.com/ssm11/ffv11/!    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!   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!   https://PrepCenterNetwork.com - 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’s not listed, please let us know!   Today's guest: Ed Dassie