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True, but that’s because his life is verified lol
Bud, you want me to upload 3 years income statement, tax returns and show sales?
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Free registration at the forum removes this block.True, but that’s because his life is verified lol
Just the simple fact that people hate gift shopping. A nicely packaged bundle of complimentary gifts that's below retail or maybe right at retail. Packaged with perhaps supplementary info-material, delivered directly to the recipient. Then build a brand round it while finding ways to drive down costs. The majority of the subscription boxes are garbage. I can't believe people are actually buying this crap.Is there an audience who will need it? Does it solve a problem that's not being solved now?
The key to differentiating is branding. @Envision posted a very concise summary of this here: Amazon is ruthless... and you might find this post helpful too: Amazon is Going to Slaughter Your BrandWhat would your advice be for newbies on Amazon who are looking to differentiate themselves from the competition and sell their products?
They thought I had two accounts but I logged in from another sellers account. :/
If you're a newbie start by selling anything you can so you can understand the fee structure and how FBA works. Don't order 1000 units of something without knowing your bottom line and making sure it'll sell.
There are way too many people promoting this Guru game of bring anything from China and sell it! Those days are gone!
If you're a newbie start by selling anything you can so you can understand the fee structure and how FBA works. Don't order 1000 units of something without knowing your bottom line and making sure it'll sell.
There are way too many people promoting this Guru game of bring anything from China and sell it! Those days are gone!
That would be fun!Bud, you want me to upload 3 years income statement, tax returns and show sales?
What's your go to method to get good reviews? And on the flip side, what do you do to combat 1 star reviews?
Do you mean you logged into another sellers account from your home computer?
Why couldn’t you get that account back and running after you explained it to them?
Curious because my home computer has probably been used to log into at least 10 different seller accounts.
Curious because my home computer has probably been used to log into at least 10 different seller accounts.
You can look outside of China. For years I have been advising people to look for products in other countries. In fact my book has links to sourcing sites in over 20 countries and I will be adding more to the 2018 edition.So where can I get products to sell from if not from China? I got everything started legally for my business but I can't seem to find a product worth investing in, Items in China might be cheap but shipping kills the profits, not too mention the competition on Amazon is fierce now, I never pulled the trigger on any item because I felt like it was just gonna sit at the warehouse.
Wow I was just mind blown..You're awesome I gotta get this book!You can look outside of China. For years I have been advising people to look for products in other countries. In fact my book has links to sourcing sites in over 20 countries and I will be adding more to the 2018 edition.
Not only can you find unique products that have not been imported into the US, but you can find better quality products at prices comparable to those from China.
By way of example, an international retail chain sells products made in Italy, and they are so superior in quality that they eclipse Chinese equivalents - but they retail at prices equivalent to Chinese products
Another major retail chain that I know sells quality batteries made in Germany at prices similar to the cheap and nasty Chinese items.
In many areas China is losing its price competitive advantage, and that is why they are setting up factories in other low cost labor countries. If they are doing that, why not look at those countries and buy from established manufacturers there?
Walter
Exactly, we're bringing brand new products on the scene and patenting them
If you don't have the capital for that, I would recommend niches, bundling items that people frequently buy together (Amazon provides this info on every page) and things people tell you to stay away from.
My name is Argin Gerigorian, I'm 25 years old and I've been grinding since 20 years old. I started my business then and lost it at 21 and then started again and broke 7 figures 2 years ago.
-Argin Gerigorian
Wait so you broke 1M 2 years into your building your amazon amazon business? That trajectory sounds pretty amazing. Can you verify with MJ?
if serious sellers doubt the numbers some form of verification is needed.
I went away and looked into this and you're pretty much right. When applying for a patent in the UK it takes YEARS. I mean, of course its in patent pending at that point but still a painful process for small little Amazon Products.Wait you’re patenting new products every day? You make it seem like patent law is all sweet and dandy - just apply and we will send over the patent 1.2.3. I’m finding this hard to believe - with all due respect. There are a thousands of amazon sellers on this forum that don’t do this because it’s not necessary. It not only cost a ton of money, but it cost a time and a lot of it.
I apologize. I’m not looking to call you out on it by any means but we have some of the most successful amazon sellers on this forum and not many of them are doing 10M numbers. Sounds a little fishy if you ask me but god bless if you are.
Also, people share what’s worked for them on the forum all day. That’s what you’re here for and that’s why you started the thread, no? Not saying to share your whole business but you mention combating 1 star reviews...
Wait you’re patenting new products every day? You make it seem like patent law is all sweet and dandy - just apply and we will send over the patent 1.2.3. I’m finding this hard to believe - with all due respect. There are a thousands of amazon sellers on this forum that don’t do this because it’s not necessary. It not only cost a ton of money, but it cost a time and a lot of it.
I apologize. I’m not looking to call you out on it by any means but we have some of the most successful amazon sellers on this forum and not many of them are doing 10M numbers. Sounds a little fishy if you ask me but god bless if you are.
Also, people share what’s worked for them on the forum all day. That’s what you’re here for and that’s why you started the thread, no? Not saying to share your whole business but you mention combating 1 star reviews...
Not at all. There could be people using it but there aren't a lot of people taking action.
Plus that's one method.
Combine that with bundling and getting product ideas and off you go. Your research by no means ends at Jungle Scout, use it to see market demand and adjust for your business
I've heard ViralLaunch is also good.. do you prefer JungleScout over ViralLaunch?
Also how to you go about thinking through how to mitigate risk in your first product launch as well as figuring out how much you'll need to budget for startup costs? (presume in the first few months you will be losing money)
I don't understand why anyone would want to build a viable business around these softwares...Eventually, everyone will be using the same software (if not already) and they get shut down, phased out, algos change - amazon is always a step ahead.
Why not go against the grain and find another way?
@biophase are you using any of these types of softwares in your business and would you recommend them to your students in your hands on course?
Hey all, I found out about MJ DeMarco through another fellow eCommerce seller and it was the best decision of the year. I've gone through TMF twice now and recommend it to ANYONE who asks me about entrepreneurship and gone through Unscripted once and listening to it again now
My name is Argin Gerigorian, I'm 25 years old and I've been grinding since 20 years old. I started my business then and lost it at 21 and then started again and broke 7 figures 2 years ago.
The sales come mostly through Amazon and the reason I lost the business the first time was because Amazon shut down my store. (Something MJ hearkens in his book Unscripted )
Since then I've been able to wholesale to other accounts on Amazon and create multiple accounts to have some kind of control over the business, I've also been adding value to the brand and creating repeat customers who buy from us.
Thank God, this year business is looking great and we're looking to break $10m. We're also expanding into 3rd party logistics for other eCom sellers and using our warehouse as space for storage for other sellers and sending their products to customers. Another couple of ventures (in marketing and consulting) but mostly focusing on taking the eCommerce brand from 7 figures to 8, 9 figures and I think this group will help!
I also want to help anyone here who needs eCommerce, logistics, marketing info.
I want to start a discussion on my favorite topic in TMF about Systems/Solutions and see how we can help each other.
1. Product System (A+)
a. We are sourcing great unique products and patenting some of them to create long term value and get long term money as a result
2. Computer System (A)
a. We have a system for our wholesalers that pay us monthly to sell products
3. Distribution System (A-/B)
a. We provide full logistics for our wholesalers and move their products to their customers
4. Marketing System (B)
a. We lack in marketing but started to work with 3 big social media influencers this year who are taking care of the marketing (This side is sort of a partnership so it has its own trouble)
5. Human Resources System (C)
a. We also lack in HRS simply because it's hard to deal with employees but we know we'll need the man power as the business starts demanding more important work from us.
PLEASE discuss and let me know your thoughts! MJ mentions that having one of these down to the T is a million dollar business, our business falls under all of them and we want to capitalize.
I'm willing to help anyone who has any legit questions and needs help with their business as well!
-Argin Gerigorian
How many people do you have on your team?That's one of the places I've differentiated from competitors and since that information is not out on the web I got creative with it, with my team.
Unfortunately I can't give that information out. We have a system (a couple of ways) that's working for us and we're not going to give that out since it's a competitive advantage.
Just remember, stop doing what other people are doing and BE CREATIVE!
2how many peop
How many people do you have on your team?
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