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-   -   Any experience with Amazon Selling Machine by Matt Clark? (https://www.warriorforum.com/internet-marketing-product-reviews-ratings/760938-any-experience-amazon-selling-machine-matt-clark.html)

BusyMum_2010 18th March 2013 08:35 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by ScottLindsay (Post 7871765)
I have never head of the Dewable course. Is it any good? Do they show you how to private label products?

You can ask directly the wholesale supplier if they can put your own brand or "Private Label" on the product. That's what I did when I asked one and they said yes depending on the quantity I will order.

ChrisWF 19th March 2013 12:56 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by BusyMum_2010 (Post 7872134)
I looked at PAC but I am not impressed because they are all theories, all talking on videos, no step by step process, sorry to say, way overpriced for $347 or $99. But I am impressed on the information of free PDF of Amazon Selling Machine because it's like you do it step by step. I can do things "step by step" and get bored quickly with just watching videos full of talks.

I like Amazon Selling Machine but way overpriced as well for $3,497, I cannot afford.

That is exactly what I was thinking.
The Pac Course is good, but could need a fresh up. The Information there is not that clearly laid out as it is in the ASM PDFs.
The ASM Videos and PDFs make it very clear what the big picture is and how this business work.

After all it all comes down to one question:
"Where do I find hot in demand Products that can be Private Labeled and offer a huge margin?"

If that question is answered, the rest will come natural:
Do some SEO
Write a Press Release
Do some Backlinking (SEnuke)
Create a Video
Get Reviews
Write a good Product Sales Page

That's all basic Internet Marketers stuff that most of us do every day.

My main Problem is and thats what I read out of the forum for the most people there is "Finding my HOT HOT Private Label Product".

Jassa 19th March 2013 07:13 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Thanks, Yohan, for your input and yes, you are of course right. I don't really have a problem with that though because all marketers are doing that sort of research the whole time if they have the know-how ...aren't we?!! I don't begrudge them that because I do trust that they are basically 'ethical' guys and whatever they are learning I think will mostly be funnelled back into the strategies that they will be sharing with us.

I bought their program last year and although it was very good I just did not have the ability to implement it then. Hopefully this time around I will be able to :)

I know Jason from buying a product of his several years ago and he is a 'good guy' and Matt is definitely a brilliant entrepreneur

alistair 19th March 2013 07:22 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by yohan (Post 7872957)
Im suprised no-one is commenting on the real story here...

The reason ASM is so expensive is the software which automates all your seo, backlinks, press releases e.t.c. to promote the product listing. This backend software is plugged right into your account.

This means you are paying ASM for the training/software, but in return they have complete access to see what you are doing, your listings, your failures, what products rank and for what keywords e.t.c

They have all your data and everyone elses in the program. When the hype has died down you can be assured they will use this data to rank their own new products. It will be a goldmine for them.

I pretty much agree with this if what you say about them having all their members data etc is correct. I don't blame anybody for buying this course though as it sounds ok but peronally I would no way spend that kind of money on what really sounds like a lot of hype.

I don't honestly believe that anybody with a real business on Amazon who is raking in the kind of money suggested would spend their time putting a course together like this and give away their secrets to any tom, dick or harry who can afford it. Wouldn't you just escalate what you've been doing if you're making so much money and hope to chr!st that it's a while before the inevitable happens and somebody else discovers your goldmine? But then again I might be completely wrong and wouldn't mind admitting it.

ChrisWF 19th March 2013 07:27 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Thanks for making that point.
I don't think they will do that but I will certainly have an eye on that.

Also after setting up my first money making products I will try to replicate that without using their software.

Chris

P.S. Not every one out there is a Bad Apple :)

Quote:

Originally Posted by yohan (Post 7872957)
Im suprised no-one is commenting on the real story here...

The reason ASM is so expensive is the software which automates all your seo, backlinks, press releases e.t.c. to promote the product listing. This backend software is plugged right into your account.

This means you are paying ASM for the training/software, but in return they have complete access to see what you are doing, your listings, your failures, what products rank and for what keywords e.t.c

They have all your data and everyone elses in the program. When the hype has died down you can be assured they will use this data to rank their own new products. It will be a goldmine for them.


tiger1 19th March 2013 11:31 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
I am not an affiliate for this program and bought into it on Sunday after several days of being on the fence. Here are my reasons why:

1. 30 day refund policy beginning from the first day of training which begins March 21. After asking Jason, the co-creator of the training a question about how long it takes to start selling product, his answer was that if I apply the techniques taught, within 4 weeks I should be selling product daily. If this happens, I should be able to get a realistic picture of what type of monthly net profits to expect from each product and determine if it warrants continuing and the investment of the training. If not, then I am within the 30 days and can get a refund. It would seem that after only 4 weeks, I should have a worst case scenario of what my monthly sales will be, as I should be able to vastly improve my results through more personal experience, adding more products and the advanced trainings during the final 4 weeks.

2. It makes sense to me. I own two brick and mortar businesses in two small towns in Florida, not major cities. Our primary business is personal services but we also sell about $15,000 a month in retail products combined between the two locations. If I am targeting the entire U.S. with my product line instead of two small cities and my current client base, it makes sense that I should be able to make at least twice that per month and not have to pay the overhead I have to pay with my locations such as employee wages, rent, utilities, etc. It will be almost all profit.

3. We carry some private label products in our locations now and the profit margin is much higher on those. With this strategy, we are creating our own brand and don't have to compete with other sellers carrying the same exact brand of product. Of course everything hinges on being able to get the products ranked in Amazon but after 4 weeks of training, I will see if it really does work.

4. I have done some affiliate marketing on the side and the biggest obstacle has always been trying to compete with Amazon. It seems for most products they always come up first. So why not use that leverage and ranking power combined with some basic SEO and keyword research skills to sell my own products on Amazon and dominate the search engine listings. Why should I continue earning only 6% as an Amazon affiliate when I can make 25-50%?

5. I spent over $200,000 per retail location to open my brick and mortar stores. If this works, $3500 is nothing. Any real business you try to start is going to have some type of investment. Yes, there is also the investment of product and even though I already knew this, they recommend starting with a small number of products to test the market first, so you don't go all in with a huge inventory of products that will take you months to sell.

5. I have already used some of the methods that they taught in the initial videos that were free to everyone to identify product opportunities. I used a method that someone else taught me to see how much of that product is being sold daily. If I did half the volume that these products are doing, I will make back the investment in this course within 1 month.

6. Although the doors are officially closed now to new members, I would imagine that once this first group has completed the training, they will open it up to a second round of new members. If the majority of us are not successful, we will certainly post that and it will hinder those who do their due diligence and research from buying in.

As long as they truly honor their 30 day refund policy, it seems as though there is nothing to lose since after 4 weeks, I should be moving product daily if I have implemented the training correctly and can bow out if that doesn't happen.

I can't say I'm not a little nervous dropping such a big chunk on a training program. I am used to buying $10 and $20 WSO's. But I also know that with most programs, people aren't successful because they didn't fully apply themselves or didn't stick with it long enough, if the training program wasn't junk. If they said it would take 60 days or longer to start selling product daily, I would never have purchased it knowing I would be outside of the refund period before I knew if it was successful. And as I mentioned earlier, if it works which it certainly makes sense to me that it will, $3500 is a drop in the bucket.

I will post again after the 30 days to let you guys know how it went and if I stayed with it.

malia 20th March 2013 03:31 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

I don't honestly believe that anybody with a real business on Amazon who is raking in the kind of money suggested would spend their time putting a course together like this and give away their secrets to any tom, dick or harry who can afford it. Wouldn't you just escalate what you've been doing if you're making so much money and hope to chr!st that it's a while before the inevitable happens and somebody else discovers your goldmine? But then again I might be completely wrong and wouldn't mind admitting it
Well based on what some people have written, this is a multi million dollar launch and they seem to be positioned to clear at least seven figures after paying out affiliates. So yeah, cashing out that kind of money is a good motivator. Selling information doesn't have cost of goods sold like selling tangible products so I'd do it too!

Quote:

I agree with you on white labelling. It is a bit of a liability minefield. Easy to get wrong.
It really depends on what you sell. Having said that, a lot of you are assuming you have ZERO liability in whatever you do. Just because you aren't aware of the liability of what you're doing doesn't mean you don't have liability. Product liability is a whole different beast, but there are product categories where liability is not that much of an issue, and there is insurance.


Quote:

Sale $18
COGS 8
$10

Amazon referral fee (15%) $2.7
Order Handling $1
Pick and Pack $1
Weight Handling $0.46
30 day storage $0.02

Total FBA Costs $5.18

Net Profit $4.82
Let's see... My experience is not in the categories they covered in their examples. My ecommerce experience is based off small, lightweight, expensive for it's size and weight. Therefore a tumbler would not be a product I would want to sell because it's heavy and inexpensive for it's size.

I will tell you some things I sell on Amazon:

I have 1 product that I buy for 0.50 landed from china (meaning shipping and everything factored in) that I clear $1.85 (after all fees and COGS). The ONLY reason I sell it is because it sells reliably and consistently and why not? it's an extra few hundred a month and it costs nothing. I would not go LOOKING for another product like this, but it was something I already knew about.

It's not private label but it doesn't matter (for now).

I have 5 products I private label that I manufacture (not label an existing design but are made to my spec) therefore they truly really are exclusive (because of the nature of the design are copyright protected-- registered). I pay $5 landed and sell for $20 on Amazon. They are consistent sellers and I will be back up after replenishing inventory.

Fees are 5.42 including FBA.

I think the key is, and always will be, finding the right product opportunity.

These particular price points, though, are the lowest. My normal selling price on amazon ranges from $36-$140. I could only go into selling something with a low profit if the cost was really really low.


@tiger1:

When they sold the course last year, it had research software as part of it. Does this new course include that research software (it was adobe air based and called Amazon Money Finder)

Thanks!

tiger1 21st March 2013 08:21 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Malia,

Thanks for that info. It was helpful to get input from someone who is already actively selling on Amazon.

As far as the software goes, we don't have access to the software yet as they don't want us jumping ahead of schedule and not using it when we are supposed to for its intended purpose.

We won't have access until halfway through the training after we have already set up our store, picked a product to sell, found a supplier and have it in our inventory, so the product selection software is obviously not going to be one of the tools. They are teaching us how to do that manually. I almost bought in to Matt's program last year and I do remember that product selection tool. Not sure what happened to it but since everything hinges first on choosing the right product, doing it manually with their guidance and instruction is definitely the way to go.

As far as the mention of them using their tools to steal your information and promote your products themselves, I don't see that happening. The reason is because their tools only allow you to promote a specific product on Amazon and get it ranked well. They have no idea if that product is actually selling well as that information is not recorded or tracked in the tools. They would be taking a huge risk by just randomly selecting products that are in the system being promoted not knowing if they are selling at all. It would be like throwing darts at a board of products. They obviously are doing well choosing their own products to promote.

affmanager 21st March 2013 02:05 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by ChrisWF (Post 7872671)
That is exactly what I was thinking.
The Pac Course is good, but could need a fresh up. The Information there is not that clearly laid out as it is in the ASM PDFs.
The ASM Videos and PDFs make it very clear what the big picture is and how this business work.

After all it all comes down to one question:
"Where do I find hot in demand Products that can be Private Labeled and offer a huge margin?"

If that question is answered, the rest will come natural:
Do some SEO
Write a Press Release
Do some Backlinking (SEnuke)
Create a Video
Get Reviews
Write a good Product Sales Page

That's all basic Internet Marketers stuff that most of us do every day.

My main Problem is and thats what I read out of the forum for the most people there is "Finding my HOT HOT Private Label Product".


I agree. For me, anyway, it all comes down to one question. "Where do I find hot in demand Products that can be Private Labeled and offer a huge margin?"

Among all the Amazon Seller courses mentioned in this wonderful thread, aside from ASM (too expensive for $3500), which course is dynamite at not only TEACHING how to private label products but ALSO assists sellers in locating and sourcing such products? I am VERY interested in buying such a course.

milla04 21st March 2013 03:13 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by Mike Remer (Post 7883565)
I am tempted to get into this whole FBA thing, as I have access to some products that might be a good fit.

I keep getting hung up all the sellercentral forum posts about people getting their accounts frozen, with all the inventory sitting in amazon, and amazon holding all their collected funds for 90 days in case of refunds.

They have rules about ever contacting a "customer" about any kind of offer outside of Amazon. What is the point of gaining a customer that you can not contact for future sales?
And if you try to do so are liable to get your account frozen.

And, at least at Paypal there are human beings you can contact, at Amazon everything is done by emails, and mysterious appeal processes to try to regain your account.

My fear is really succeeding in Amazon and then losing it all at a whim of one of their algorithms.

Amazon sellers complain of tied-up payments, account shutdowns | Business & Technology | The Seattle Times

Most of what you have said is far from the truth. I have UK and USA FBA account, and only last week I had a problem with an inventory sending in, I requested FBA to call me back and within 5sec I was called back. So I do not know what department you are trying to contact. If you require help your FBA account I recommend speaking with someone on the phone where you can access in your back office of your FBA account.

iTechSolutions 23rd March 2013 07:43 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by annaire (Post 7875236)
So what you are saying is that you have just paid to be their research lab. You will prove what is hot and what is not. They can then use their bigger machine to come in and undercut you.

In 2001, the now-defunct electronics chain Circuit City began selling through Amazon's marketplace. But it severed ties in 2005 to concentrate on its own website.
"As soon as we could get out of the deal, we did. The marketplace is an R&D facility for Amazon, where they look to see what's selling and then sell it directly," said former Circuit City executive Fiona Dias.

Full story:
http://seattletimes.com/html/busines...nseller18.html

If Amazon can do that, why not others?:D

joolkano 26th March 2013 04:58 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
I saw the promotion for this too and was quite intrigued. But to ask $3,500 for just a few videos they presented, I found that to be ridiculous. So I went on Amazon and searched for a book that teaches FBA. I found 2 good books on kindle each costing under $5. One is "Amazing Amazon FBA Work From Home The Easy Way" and the other "Making a Great Living with Fulfillment by Amazon". The books are very informative and will give FBA a go.

malia 26th March 2013 08:44 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

I keep getting hung up all the sellercentral forum posts about people getting their accounts frozen, with all the inventory sitting in amazon, and amazon holding all their collected funds for 90 days in case of refunds.
This is true. My money wasn't held, but my account was suspended and I had inventory sitting in Amazon's warehouse. It took me from May until November of 2012 to sort it out.

And it was all over a technicality not a violation (not submitting a data feed for product import because I had decided to just enter the products manually as over 90% of them were existing ASINs). Amazon's support is horrible. They do have phone support, mostly incompetent. I still sell on Amazon but it is not, and has never been, my only online sales channel.

I still champion selling on Amazon, however caveat emptor

benmuijaz 27th March 2013 04:41 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
This was an affiliate link by Jim Cockrum awhile back about this guy selling this course:

BE ONE OF THE FIRST TO BECOME A COUPON ENGINEER !!!

Code:

http://nanacast.com/vp/112004/25442/

Anyone has experience with this?

Jim Cockrum 27th March 2013 11:57 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
You are referring to Brett B. - one of our top students and now trainers! He has an entire outsourced operation going where he pays others to do extreme couponing for him and they send all the goods into Amazon FBA for insane profits virtually hands free.

Google the phrase "brett $5000 bet jim cockrum interview" to find the interview I recently did with him on this topic. He actually won a $5,000 bet on my blog as well - it's a great story. I would give you the direct link to the interview, but I'm not sure if I'm allowed to link to stuff off of WF or not so I won't. You'll hear our recorded interview and learn more about his course etc. once you look it up.

Quote:

Originally Posted by benmuijaz (Post 7906430)

BE ONE OF THE FIRST TO BECOME A COUPON ENGINEER !!!


Nick Sharp 29th March 2013 05:47 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
So does anyone have any idea if this does cover how to get your private label products ranked highly in Amazon to compete with well known brands in the same category? Otherwise it would be tough.

affmanager 30th March 2013 06:48 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by Nick Sharp (Post 7914229)
So does anyone have any idea if this does cover how to get your private label products ranked highly in Amazon to compete with well known brands in the same category? Otherwise it would be tough.

That is the main goal of the Amazing Selling Machine course: 1. finding product opportunities 2. working with suppliers to private label a product and 3. ranking high in Amazon

Richard Cheah 31st March 2013 02:35 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
To all,

Looking through all the comments posted so far, I would chose to see things in a different perspective.

If what Matt and Jadon offered is overpriced and not worth any investment at all, and suppose it does not work, why do we not see all the previously purchased members (with the exception of 1 or 2) posting their negative feedback here?

My thoughts: maybe most of the members are accustomed to buying lesser value products in the forum here. Hence, when a better or high value ticket product come along, the tendency to judge or degrade the products become second nature.

Anyway, I am in no way affiliated to Matt and Jason. Just like to point out, if you really do have a product, concept or idea that are proven to earn US$300k, how much do you think is a fair price to offer to the market?

Let's have an abundance mentality. Whether this product is overpriced or not, after the course of 8 weeks, believe all the purchased members will be the better people to judge. Till then, they will the best person to comment and leave any negative feedback here, if any.



Regards

Richard Cheah

ChrisWF 31st March 2013 04:26 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Hi

I've got two PM's the last days about my progress and how the course is going.
So here is my reply:

The course is great so far. Both guys are great teachers and straight to the point.
The community is really rocking. I've been with other great and paid for communities like the SEnuke Forum or the PPVplaybook Forum.
This one is different and tops them all.
They have system of giving Badges to us when we reach a certain milestone. Cool thing and really helps to keep everyone motivated.
I can't really describe this and will let others chime in here. :)

The Course:

Week 1 was all about setting up the Amazon Account. It's very simple for US people to do but for the rest of us can be very tricky. They have a detailed video on how to setup up everything if you are from an non us country.

Week 2 was all about "Picking your Profit-Making-Products".
All 10 Videos are only 68 minutes to watch.
They all have pretty good audio and are really making sense even for aliens like me.
They suggest we go to the videos one by one, replicate what the show us and filter down to one product.
That one product will be our main money maker. No need to pick 5, 10 or hundreds of products like other fba courses are teaching.

Success and Motivation
Here is a snippet from one thread I copied from the ASM Forum:

...I love reading Success Stories.
They really inspire me and keep me motivated to getting things done.
Regular people (often a lot younger than me) are crushing it.
Here are a few Success Stories I found here in the forum.
Mine is coming soon...

Daniel
03.25.2013-09.55.02 - ChristophK's library

Michelle
03.25.2013-10.01.37 - ChristophK's library

Nabil
03.25.2013-10.03.01 - ChristophK's library
...
...

The thread has more success stories but I don't want to disclose them all here.

Chris

P.S.
If you missed the boat there may be a small chance to jump on board.
I have a buddy who has done this a few days ago. Maybe it will work for you too.
Goto the official site and send them an Mail that you missed the boat because of a vacation you had and had a huge backlog of mails to go through... yada yada

scout99 1st April 2013 02:45 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
The testimonials certainly sound nice, but I know from experience that private labeling anything is not an inexpensive venture. Vitamin white labelers are a dime a dozen, and their heyday has passed (I'm not implying that that's all they are suggesting you private label, they are just the most commonplace).

Buying other items direct from manufacturers in China? Possible, yes, but most have minimum orders and I've never had anything less than a couple thousand $. And they take about 30 days to reach you.

Please continue to share as you deem appropriate.

Nick Sharp 9th April 2013 09:28 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Anyone know how to estimate sales if you get a product ranked in top 1k, top 100, top 10k, etc. for a category outside of books? Or anyone have any sample data? Thank you!

ChrisWF 9th April 2013 11:02 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
One Warrior contacted me via PM.

Quote:

Hi Chris,

I know you must be receiving a lot of emails from people since you posted in the forum that you purchased Amazon Selling Machine. I hope you don't mind one more

I would like to ask you, in your honest opinion, is the course worth it? Does it really spell things out for you and help you select the right kind of products to sell and tell you exactly how to rank them so they sell?

Would you spend your last $3500 on it?

I'm at my wits end with being broke and will have to pull some strings to afford the course but I am so worried that this is another course that gives you everything at surface value and doesn't really help you make the money they claim.

Wondering if I'm better off figuring things out for myself rather and invest my last dollars in buying some products that I think might sell well and then go from there.

Your opinion and advice is much appreciated.

Thanks also for keeping the thread up to date with your posts on how it's going.

xxx (deleted for privacy)

Hi xxx

>I would like to ask you, in your honest opinion, is the course worth it?

Yes, but we are only at week 3 of 8.
There are some questions left unanswered right now.

>Does it really spell things out for you and help you select the right kind of products to
>sell and tell you exactly how to rank them so they sell?

I've picked a product. Now I've contacted a few suppliers and also ordered my labels. In a few weeks we will see how it goes.

>Would you spend your last $3500 on it?
Probably not. You need a few hundreds or even thousands more to buy products. My first batch will cost around 3000+ shipping + customs.

>Wondering if I'm better off figuring things out for myself rather and invest my last
>dollars in buying some products that I think might sell well and then go from there.

That might be a better Idea. You can start with selling things like books on Amazon.
There is a course called PAC = The Proven Amazon Course that explains how to source cheap books and other things and sell them with Amazon FBA.

If you are from the US that might be a good/better start. You only need limited funds for that method.

I know of a guy who even sourced that course from a blackhat site and paid for the course after going through it. The Quality is really good to get your feed wet.

All the best
Christoph


Amazing Selling Machine Week 3

In Module 3, you learn how to find suppliers for ANY product you want to create your own brand of. Then, you learn the key principles of label & packaging design that will set your product apart from your competition. Lastly, you do a quick setup of your Amazon product listing (you'll fully optimize it in Module 4) and you place your first small inventory order

This week is pretty hard core stuff and the most difficult thing for me in this course til now.
You have to source suppliers and then send an eMail to them. They are giving us no swipe file and for a foreigner like me it’s not that easy to write a professional sounding contact letter.
Anyway, done that with some helpful people from the ASM forum, contacted a few suppliers and 50% of them have already replied. Two of them send me really good Information.
You can source via google search or my personal tip: Use Alibaba.com. A lot of the suppliers I’ve found with the google search are way easier to find on Alibaba.


More next week.

Phillip M King 9th April 2013 04:03 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
I agree with your analysis. I ran the numbers on what they were telling us to do and came up with 20,000 Amazon products at most to make the first two criteria cuts. Then there are several other important factors which will knock that 20,000 down again. Now add a course with possibly 2,000 highly motivated people (having spent $3497) who are all looking for the ONE big money product, and how many of the 2000 will come up with one? Sure, out of 2000 starters, a few will land a big one, "proving" the course. But I doubt that even 20 will land a big one, and that's less than 1%. A post above mentioned that some beta testers did very well. I've not seen one single mention about the percentage of people in the beta test who even made back their investment. If it were my course, I would be recognizing the success of those who performed well. Sometimes the lack of evidence is evidence itself.

Quote:

Originally Posted by panorama (Post 7847475)
I'd be very hesitant to pay $3,500 for this course as well. I look at their motivation for selling this course, and it just doesn't make economic sense if the strategy is as profitable as they say it is.

It seems to be a good business model, but if you crunch some numbers, it would be more profitable for them to keep this information to themselves, rather than selling it - even at $3,500.



Let's look at a couple of facts:
  • Jason Katzenback says he makes over $100k profit per month with just 3 or 4 products.
  • Matt Clark says he makes much more than this, with 80% of his revenue coming from just 5 products.
So, with this info, let's say one *good* product can earn $20,000 per month in profit. That's $240,000 in profit PER YEAR for every good product. Now, let's assume each member of Amazing Selling Machine provides $1,000 in (one-time) profit to them after affiliate commissions and other costs.

Keep that in mind for a moment. Now think about how many memberships they can sell at this price. 1,000? 2,000? I think those are high estimates, but let's say 2,000 memberships, with $1,000 profit each. That's $2.0 million dollars total one-time profit, right?

It would only take 9 *good* products to exceed that (9 x $240,000 = $2.16 million), and that would be ANNUALLY, not a one-time profit.

In fact, if it were me, I'd personally rather make $1.0 million every year, rather than $2.0 million once.



So, what's the conclusion here?
  • Do they think they will be selling more than 2,000 memberships? I doubt it?
  • Do they think finding 9 more *good* products will be too difficult? That's my guess.
What does this mean for the members paying $3,500 with the expectation of outsized profits? Remember, now you'll have hundreds/thousands of members pursuing the EXACT same strategy. There may be millions of products available on Amazon, but how many will this business model work with?

My guess is that the opportunity is much smaller than they are making it out to be - and that's without all these new members. That's why it makes sense for them to sell this course rather than keep the business model to themselves.


Phillip M King 9th April 2013 04:10 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
I may call you. Obviously $3500 would be 7 months of tuition, and by then even someone as thick as me should be able to learn it. Does that $500 include room and board?


Quote:

Originally Posted by adcnet (Post 7851876)
I need to add my bit.

I have 10 years Ecommerce experience and uses to sell $80k per month on eBay back in the hay-days of easy eBay - Amazon we used to sell around $40k, anyway I digress...

You don't need the course - what they have given away as freebies / PDFs and Videos is enough, you don't need anything else.

I was surprised they gave so much away.

The number one part and most important key to all of this is the White Labelling of a Best Selling Product.

It's so easy to do with overseas suppliers and the rest is all handled by Amazon. Stay in bed and handle it all on your iPad/Nexus haha!

The clueless will pay $3k for the course and do nothing but that's what happens in the 80/20 rule of selling courses online.

If anyone wants training and has $500 per month I'd be happy to show you how to do this stuff ;)


Phillip M King 9th April 2013 04:20 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Dear Jim,

In the movie It's a Mad, Mad, Mad, Mad World, Jonathan Winters made an observation about businessmen. Being a young tyke when I first saw that, I believed it to be pretty much true. Now you come along and break the mold with your attitude and ethics. Kudos to you, but now what happens to my view of how the world operates?


Quote:

Originally Posted by Jim Cockrum (Post 7853244)
The "theory" behind the PAC course is one that should be modeled for ANY legitimate course or training offered in the "online entrepreneur" niche. It's time to raise the standards of what we expect from the courses we buy.

The PAC's standard that I think we need for the entire industry:

1) Make it affordable - always
2) no bright shiny objects allowed (cut the graphics crap. As buyers we don't care - or at least we SHOULDN'T!)
3) Start small, grow slow (no big launches - PROVE it first...we'll buy later once you have REAL testimonials)
4) Recruit early successful students to present their ideas to the rest of us as it grows. Let the content GROW as new creative ideas and people come on board.
5) Hire successful students to monitor the MANDATORY INCLUDED discussion forums and let everyone hang out and learn there
6) No time limits on refunds. NONE.
7) End guru worship (again, we really shouldn't care should we?)
8) Your "expert testimonials" are crap. Show us real people giving their FIRST EVER testimonial. Those are the only ones that matter.

Am I forgetting anything?

How can YOU help make this a reality? STOP BUYING STUFF THAT YOU KNOW IS GARBAGE.

Lesson for my "expert" colleagues: If you aim your marketing at idiots you'll soon have an audience of the same.

NOTE: NONE of these comments are directed at the creators of ASM because I've spent exactly ZERO minutes looking at their course, offer, content or website.

Thanks for all the support here guys.


Phillip M King 9th April 2013 04:30 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Thanks for your post. It reminded me of a discussion about "xcensoredx" I heard in the course - my jaw hit the floor, as I had already thought about your points from paragraph 5 on.

Quote:

Originally Posted by ironwood (Post 7854303)
As an Amazon FBA, (Fullfillment By Amazon), seller I have
always been interested in the private branding of products
as a means of offering products to which you have added
your private brand and thereby pretty much eliminate much
competition from other sellers.

I know that bundling of products is a very effective sales
method. This is where you add a number of branded products
together, purchase your own barcode and then create a sales
page on Amazon for the product. This is not private branding
where you are offering a product with your company name but
merely combining some major brand products to make a special
offer.

It would appear that "private branding" is a profitable sales
tactic as I have read a number of success stories from people
who claim to be doing just that. From the little I know about
the course being discussed in this thread it appears that this
is the exact tactic they propose.

Buy a wholesale product, get some art work for a logo and then
package that product under your company name. Buyers might be
convinced that you are the only distributor of said products or
might even think you manufacture the products.

This is what has always concerned me about this process. Do you
recall all the problems with the Chinese drywall following the
Katrina disaster. Or all the many problems with lead tainted
toys from China.

With the society we live in where there are attorneys hiding
behind every tree looking for a reason, valid or not, to file a
class action suit, could you be in jeopardy if one of the
products you private labeled developed some sort of issue.

Tainted with some unknown substance, choking hazard, sharp
edges or possibly you did not warn all of your customers with
a six page document of things they should not do with this
product.

Of course liability insurance could be considered. However I
wonder how expensive a policy would be for a small seller
once you explained to the insurance company that you intended
to purchase unknown products and advertise them as your companies
personal products?

Additionally once you are tagged with a law suit whether you are
guilty of wrongdoing or not you will have to defend yourself with
expensive legal advice.

Having said all of this it could be that those that have been
using this tactic have considered this risk and have methods in
place to protect themselves. Or possibly they use great care to
choose only products that limit the potential problems.

All I am suggesting here is that some consideration be given to
this issue before undertaking private branding. Perhaps for those
of you who are considering purchasing the course under discussion
here might ask that questions of the sellers and see what response
you receive.

On another note for those wondering if it is possible to earn a
profitable income through selling physical products on Amazon let
me just add that my wife and I have been able to fullfill a life's
dream of traveling at will and paying for the travel through sales
on Amazon.

Hands off? Not really. We do spend time while traveling sourcing
products to sell. But thanks to the Amazon FBA program we simply
box them up from where ever we are, drop the boxes off at a UPS
store. They go into an amazon warehouse and when they sell Amazon
does all the shipping and handling and sends a deposit every two
weeks into our checking account.

As I write this post I am sitting in a motel in Ocala Florida and
smiling as I check my email for the sales that have come in over
night and realize that we are able to escape Michigan winters
because of Amazon.

Don't look for any affiliate product provided by me with all the
secret stuff we use to accomplish this. A little research on Google,
and perhaps the purchase of a few "reasonably priced" Amazon
courses would give you all the information you need to decide if
Amazon or private branding is right for you.

All the best.

Chet Hastings


Phillip M King 9th April 2013 04:51 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
You don't even have to use the tools. There is a glossy "merit" badge program, and to qualify for each step (so far - products and suppliers), you have to give them the information that you have found to "prove" that you have done the work. So, whether they intend to use it or not, the ASM creators get access to research done by many hundreds of people. Now - as those people are mostly newbies - is their research of any value? That's another question.

Quote:

Originally Posted by yohan (Post 7879298)
Yes this is exactly what I'm getting at.

This is not to say the ASM program is no good, or that they guys running it are unethical. But be aware they are getting very critical marketing data from all their members. And there is no doubt they will use this data to rank their own products in the future.

If you buy into ASM I would learn from their program but not use any of the automated tools.


Phillip M King 9th April 2013 05:14 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
I want to thank everyone who has posted on this thread. Reading through all these posts has been very cathartic for me, and has helped bring some of my thoughts and experiences into sharper focus. Perhaps I may return shortly to share some of those thoughts and experiences here.

Jim Cockrum 9th April 2013 08:13 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by ChrisWF (Post 7954224)
One Warrior contacted me via PM.

RE: "The Proven Amazon Course"

If you are from the US that might be a good/better start. You only need limited funds for that method.

I know of a guy who even sourced that course from a blackhat site and paid for the course after going through it. The Quality is really good to get your feed wet.

All the best
Christoph


Thanks for the great laugh...I'll take that as the ultimate compliment that you know someone who illegally got a copy of my PAC course and then felt so bad that they PAID for it after the fact! That's fantastic on so many levels... Thanks for posting that.

:)

ChrisWF 11th April 2013 09:53 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
HI All

There will be a paid upgrade for the Proven Amazon Course from Jim Cockrum.

It's only for Members of the PAC and only available for a few days for a massive discount.
If you ever thought of buying the PAC, then NOW is the time.

Here is only one snippet of the promotion:

You get access to:
How to grow your selling on Amazon business from $5,000 a month to $50,000 a month - a complete system of outsourcing the work, finding profitable inventory & managing cash flow


Looks like Jim has enhanced his course by adding some stuff out of what ASM teaches us.

ChrisWF 16th April 2013 03:50 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by kenwarrior (Post 7978416)
The ASM course sucks big time.... enough said!

What an in-depth review. :)


Chris

JamesBoyd 20th April 2013 12:11 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by ChrisWF (Post 7978461)
What an in-depth review. :)


Chris

I refunded from ASM this weekend, content was thin, I had a number of concerns about the course that I won't go into but I feel very glad that I refunded, I'm still going 100% on the business model but won't be paying $3497 for a course which does not even cover all the main points in detail

l23bc 20th April 2013 12:27 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by kenwarrior (Post 7995110)
I refunded from ASM this weekend, content was horrible, I had a number of concerns about the course that I won't go into but I feel very glad that I refunded, I'm still going 100% on the business model but won't be paying $3497 for a course which does not even cover all the main points in detail

Have heard reviews of this system But to be fair there is a warrior member who has a ebook on amazon that has 5 times cheaper which has worked for me...I dont make 50k from amazon but on a good month a few 100 from sales of book sales, Think his name was Colin and it was the kindle lazer course, Would reccomend that then some system.

hope that helps
andy

ChrisWF 21st April 2013 11:24 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Hi

I don't have the AMM course.
Matt says, that in the AMM he teaches a few strategies including Kindle ebooks.
Now he concentrates on one successful strategy only. That new strategy has nothing (almost) to do with the Kindle anymore.

Did you read this post:
http://www.warriorforum.com/internet...ml#post7918147
There is a link to Daniels Success story. Daniel is a former AMM Member and he just gave us an update on his story last Thursday.
He has 11 products online now.
He's selling around $10.000 a Day, the best Day last week was $12.000+
His net is around 60% from that.

Chris

P.S. I will not give you anymore updates in this thread in the next weeks.
Have to work hard on my business :)

Quote:

Originally Posted by sharitchritin (Post 7999086)
Hi ChrisWF,

Just read your comments about ASM with couple of testimonial links. It looks good.

I already have AMM from Matt Clark. Do you think it is worth to get the ASM after having AMM? How much difference between AMM and ASM?

Thanks.


tiger1 22nd April 2013 04:33 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Ok, so as promised, here is my review after 30 days in the program:

The training, content and support have been outstanding in my opinion. They were very detailed and actually moved a little slower than I would have preferred, but I understand some people are brand new to business and need that.

I have set up my store, chosen my first 3 products to launch, found a supplier and have placed my first inventory order for my first product. It honestly takes about a month to get to this point so it's not really feasible to say that the 30 day refund policy covers you long enough to see if it really is going to work for you. However, there have been a few students that have product in inventory and are already making daily sales on Amazon. But we have just started on the promotion and ranking sections of the training and won't see the fruits of those efforts for a few weeks most likely.

With that said, I do see a lot of potential here based on the data and the facts that I have been able to obtain as well as my experience in retail and IM. The program just makes sense from a business standpoint and if you follow the training, your product listing is far superior to 95% of all the other products on Amazon, which in turn will be more attractive to the buyer and convert higher.

I have been tracking the daily sales volume of the 3 products I will be selling on Amazon. Based on the volume they are selling, and I'm not using top ranked products, just average ones, if I just get them ranked equally as the final 30 days promises to show us, my projections have me profiting around $9000 per month. If I achieve a top ranking for each, this number would be significantly higher.

The only catch so far is you do need some capital to really be successful at this. Not a fortune but I would say you need at least $1-2K on top of the training cost and I'm sure that leaves a lot of people out. The old saying that it takes money to make money really does apply here.

Of course, all of this is mostly my opinion and speculation at this point so I'm not sure what that is worth, although I have been in retail for over 15 years. I will post again at the end of the 30 days and let you guys know how it worked out.

sharitchritin 22nd April 2013 05:18 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
In fact, I have my own physical product. It is one of kind handcrafted art (not drawing, it is physical product). I just have 2 concerns:

1. My product is unique. Don't have popular keywords associated the product. So keywords become issues to rank the product

2. It need to be dedicate shipping. Just want to be shipped, then customers complain broken or twisted or whatever, then bad outcomes.

Hope I can get over these concerns and start to sell my items in Amazon.

ChrisWF 22nd April 2013 11:35 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
@sharitchritin

It's the one mistake a lot of people make, taking their product and try to rank and sell.

Do it the other way around.

Look what is selling well on Amazon, find a product with Private Label Potential.
(Hint you can't clone the Kindle or iPhone but find your own yoga mat)
Get that product under your own label and promote and sell that.

Bang.

Chris

tiger1 23rd April 2013 05:50 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by sharitchritin (Post 8002113)
Hi Tiger1,

Thanks for sharing. Do you drop shipping or private labeling?

What I am concerned is whether the method can be saturated fast due to lots of people going out to source and promote products?

I only do private labeling. I am sure there are many ways to make money on Amazon as well as some other fine courses as mentioned throughout this thread using other methods. However private labeling is the focus of this course.

The market saturation issue was my primary concern for quite some time as well. But after seeing how many opportunities there are on Amazon, I can't see how it would ever be an issue. If you are in the top 1000-2000 in a product category, you are doing ok. So with dozens of categories, I don't see the market saturation issue coming into play.

I would shy away from the product you mentioned. It sounds like it is difficult to ship, very fragile with a high potential for damage (hence customer complaints in the form of bad reviews) and there is no demand for it.

Chris WF was spot on. Don't try to reinvent the wheel. It is a lot like IM or SEO, try to find something that already has demand and little competition and go after it. You have to spend some time looking but the product opportunities are definitely out there.

tiger1 23rd April 2013 06:07 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
One more clarification on something I mentioned in my 30 day review. I said that in my opinion you need at least 1-2K on top of the cost of the course to really be successful.

What I meant was to be successful quickly you need that kind of cash. You could probably get started with around $200-$300 and still make it work but it would just take you much longer because you would have to wait until the product sells, reinvest and keep doing that over and over until you had enough capital to carry a larger inventory that would make serious profits. But you would eventually get there. It would just take some time and patience.

ChrisWF 23rd April 2013 11:44 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by TerrySilver (Post 8004325)
Chris,

Did you go with domestic suppliers or overseas?

Were they very difficult to find?

I'm from Germany so for me it is all "overseas" :)

Yup, you need more than 30 minutes to find a good one.

Chris

Oliver Williams 30th April 2013 09:20 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Thanks to everyone who has contributed their reviews on this thread based on actual experience and verified facts.

What I find is that all to often certain opportunities can become misrepresented on threads by (well meaning) people posting their personal opinions and beliefs about a new opportunity rather then posting what they actually know from their experience.

StevesProfitSecrets 5th May 2013 04:14 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
I've thought about trying this before but have had concerns about 'creating my own product' and the support / liability part of it with my own brand. I would probably try to pick products where liability was not as much of an issue but what about some type of warranty or is this a non issue for basic products?

mcdc2000 8th May 2013 08:25 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
I don't recall where I heard about "rank higher" in the Amazon listing, if you used FBA (fulfillment-by-amazon) instead of self fulfillment.

Is it true?

JamesBoyd 9th May 2013 09:02 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
There are so many red flags about this program it's like independence day in Moscow

mcdc2000 9th May 2013 11:12 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by kenwarrior (Post 8058977)
There are so many red flags about this program it's like independence day in Moscow

Can you elaborate on what the red flags about this program?

JamesBoyd 10th May 2013 07:18 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by mcdc2000 (Post 8059403)
Can you elaborate on what the red flags about this program?

While the basic principals are sound these guys sold this like it was shooting fish in a barrel with an AK47, more like catching a 10ft shark with a 5ft fishing pole

Don't expect to be successful doing this unless you are prepared to put a lot of time and effort into it, and you really need a couple of extra $thousand to have any real chance of getting started, although some have claimed they started with less and have done well

In my opinion at least 75% of the real value in this course was given away in the free pre-sales material, a lot of the course was just fluff and filler and things you could pretty much work out for yourself with a little bit of effort

yohan 12th May 2013 01:35 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
I think the real question we have to be asking is this..... not everyone is going to be lucky and rank a product on the first position or even page of amazon's results.

So if you finally do the work and get your product into Amazons FBA system, what sort of sales can you expect?

The ASM guys claimed in the webinars that even having one item way down the results list would equate to profits of around $70,000 per year.

When you consider the average profit on these sorts of items is between $10-20 then by calculation you would have to be selling 15-20 items a day to make 70k.

So the question is, how realistic is it to sell 15-20 items per day of a product that is way down the list in Amazon search results?

We all know that being in position 30+ in Google means you are dead. Is it different with Amazon?

fatboyfat 14th May 2013 12:47 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Had a few pm about selling my membership to asm thanks but no thanks. Yes the course is not very good and fails to exsplain extra costs ect but the reasen i wont sell is that the forum they have is fantastic way better than the 8 modules

JamesBoyd 14th May 2013 01:23 PM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Quote:

Originally Posted by fatboyfat (Post 8075189)
the forum they have is fantastic

The blind leading the blind for the most part :D

ChrisWF 16th May 2013 12:52 AM

Re: Any experiance with Amazon Selling Machine by Matt Clark?
 
Some Info from the ASM course:

- Over 1600 members signed up
- 87% stayed til the end
- First success stories coming in
- Finally UPS is delivering my products to an Amazon Warehouse. Tracking says Today :)
- There is a live event in two weeks. Only course members are allowed. 700+ will come

This model works.
Forget the negative People here in the forum. They are probably from the 13% refunders group.

Back to work. Have some promotions to do.

Chris

P.S.
If you are from the US, then go with Jim Cockrums PAC (Proven Amazon Course) for now. You will learn the FBA part very well and will be ready when the ASM course (or a follow up) will come along in the future (next year?).


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