User Power
Value/Post Ratio
222%
- May 3, 2015
- 192
- 426
This is the story people are profiting by selling easy money, and the many people spending huge sums of money on "education" products and seemingly random inventory. The article specifically covers Amazon seller education products.
How to Lose Tens of Thousands of Dollars on Amazon
I'm shocked by this fact:
That a podcast dedicated to Amazon selling could reach number 3 means the number of people pursuing this must be truely massive.
Learn from the mistakes of those chasing the gold rush. Don't go all in without validating and testing the market and your methods first.
These people are driving off of the road into a ditch.
And here is an insight, all of these internet marketers are networked and all selling the same thing, some form of "how to get rich," and they are taking their most expensive coaching classes from each other so they can network in order to better sell expensive coaching to you.
Notice the pattern, the "how to" sellers are on mountain tops and most of "how to" buyers end up in a ditch.
And before the subjects in the article were selling Amazon education, one of them was selling real estate education, can you believe it?
Who is Russel Brunson? He is a sales funnel and marketing expert who sells sales funnel and marketing education and software.
It is evident the demand for "how to" far exceeds the demand for any conceivable product that could be sold on Amazon, except a "how to" book (which are best sellers).
So the question is how to sell how to? How to rise above the rest of the crowded how to space (like fitness). And, how to do it without violating your own values, as many how to sellers clearly lack ethics.
And if you find yourself buying a "how to" product, only buy it if you can afford the cost, do not buy it if "you can't afford not to" because no "how to" product works for 100% of buyers.
How to Lose Tens of Thousands of Dollars on Amazon
I'm shocked by this fact:
...their podcast about earning a passive income on Amazon reached No. 3 on Apple’s charts.
That a podcast dedicated to Amazon selling could reach number 3 means the number of people pursuing this must be truely massive.
Learn from the mistakes of those chasing the gold rush. Don't go all in without validating and testing the market and your methods first.
These people are driving off of the road into a ditch.
And here is an insight, all of these internet marketers are networked and all selling the same thing, some form of "how to get rich," and they are taking their most expensive coaching classes from each other so they can network in order to better sell expensive coaching to you.
Notice the pattern, the "how to" sellers are on mountain tops and most of "how to" buyers end up in a ditch.
And before the subjects in the article were selling Amazon education, one of them was selling real estate education, can you believe it?
Behdjou is no stranger to coaching businesses. In October 2015, he paid $25,000 to attend a seminar put on by Russell Brunson, an author, an entrepreneur, and a self-described marketing expert. There, he met a few people who were making thousands of dollars selling stuff on Amazon, so he decided to try it out. He and Gazzola, who previously coached people on how to make money investing in real estate, started selling supplements on Amazon. In their first 90 days, they had $60,000 in sales, Behdjou told me. They launched their coaching program in 2016.
Who is Russel Brunson? He is a sales funnel and marketing expert who sells sales funnel and marketing education and software.
It is evident the demand for "how to" far exceeds the demand for any conceivable product that could be sold on Amazon, except a "how to" book (which are best sellers).
So the question is how to sell how to? How to rise above the rest of the crowded how to space (like fitness). And, how to do it without violating your own values, as many how to sellers clearly lack ethics.
And if you find yourself buying a "how to" product, only buy it if you can afford the cost, do not buy it if "you can't afford not to" because no "how to" product works for 100% of buyers.
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