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Student Stories

Sell Your Amazon Business!

By Student Stories, Tips & Tricks

Learn how to sell your Amazon business from an expert: Brendan Morris.

One way to be successful on Amazon is to create a successful business, sell it, start another business, and keep repeating the process. Brendan Morris, SellerCon attendee and Amazing Selling Machine member, shares his insight into this process and provides tips on how sellers can effectively build a successful Amazon business that people will want to buy.

His tips include focusing entirely on cash flow, automating as much as the process as possible, strategically selecting smaller items to build up the brand, and doing a ton of research on keywords before starting out.

Index:
How to Sell Your Amazon Business
Increase Cash Flow Before Selling Your Amazon Business
Amazon Automation
Sell Smaller Products on Amazon
Amazon Product Research
Meet This $30 Million Dollar Seller and Entrepreneur – Brendan Morris Video Transcript

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Cash Flow Analysis for Amazon Sellers

By Amazing Selling Machine, SellerCon, Selling on Amazon, Student Stories

There are specific formulas Amazon sellers can use to complete a proper cash flow analysis. Free up your operating cash flow using the techniques Charity DeVries shares in this finance strategy training video.

With this strategy, you will learn:

  • How to compute your inventory turnover ratio.
  • Important terms such as operating cash flow, inventory turnover ratio, days-in-inventory, year-end inventory, and inventory in-transit.
  • Tips for quickly turning over inventory and negotiating with suppliers.

Charity also shares the success she has had—gaining “invaluable connections”—from attending SellerCon, a conference for Amazon sellers that provides up to date, relevant eCommerce strategies to help sellers grow their Amazon FBA businesses.

Index:
Operating Cash Flow
Inventory Turnover Ratio
Days-in-Inventory
Use Supplier Invoices to Find Inventory Turnover Rate
Tips for Quick Inventory Turnover
Supplier Negotiation Advice and Other Tips from Charity
Free Up Cashflow In Your Amazon Business Video Transcript
What is SellerCon?
SellerCon Invitation
SellerCon Review

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How to Make Money Selling on Amazon

By Amazing Selling Machine, Student Stories

Eric Toohey learned how to make money selling on Amazon through Amazing.com’s Amazing Selling Machine (ASM) course. Here, he shares his success story while also providing advice on choosing products to sell that follow specific size and weight guidelines (to keep FBA fees down), trademarking your brand to combat brand hijackers, and leveraging the ASM community and mentors to help solve business problems as they arise.

Contents:
Building an Amazon Business
Combating Brand Hijackers

Amazon Product Selection Criteria
More on Toohey’s Journey

From Home Inspector to Million Dollar Amazon Seller Video Transcript

Building an Amazon Business

Mike McClary and Eric Toohey came together on Facebook live to share Eric’s journey from unsatisfied home remodeler to a million dollar seller on Amazon. After taking the Amazing Selling Machine course, he and his wife, Sadie, began their business in June of 2014 by selling one product. Within three weeks, Eric quit his job to focus on their Amazon business full time. They now sell 21 products through their brand on Amazon. Read More

How to Sell on Amazon for Beginners

By Amazing Selling Machine, Selling on Amazon, Student Stories

Want the absolute best course to learn how to sell on Amazon for beginners? Amazing Selling Machine is the best course for folks who want to launch their own brand of products on Amazon. Danna Belo got her start selling physical products on Amazon through Amazing.com’s internet-based course, the Amazing Selling Machine (ASM). ASM is an Amazon seller training program that shows sellers the step-by-step process of how to start an Amazon business, from the ground up.

Having no prior experience, after 5 months of starting her business Danna had already generated $130k in sales. In this video, Danna reveals business management tools she uses (like Google sheets, Google docs, WhatsApp, and other ASM-recommended apps), the struggles she went through after launching, and tips on choosing high quality products to get better customer reviews. She also gives viewers a valuable tip on creating a Facebook event with an audience of past customers.

Index:
Work From Anywhere With The Right Business Management Tools
Amazon Seller Training
How to Advertise Amazon Products 

Good Product Quality for Better Customer Reviews 
$130k in First Holiday Season Selling on Amazon Video Transcript

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How to Grow Your Amazon Business

By Amazing Selling Machine, Selling on Amazon, Student Stories

Learn tips on how to grow your Amazon business in this new Amazon seller training video and article, where Mike McClary and guest host (Brandon Slater), talk about brand expansion. Here, you will gain tips on how to expand a brand, when to launch another product, the different ways to run an Amazon business (to expand quickly or expand more slowly), and the risks involved with growing a business.

Brandon has built up multiple brands selling on Amazon. Here, he shares his story of starting his own physical product business on Amazon– his methods, his struggles, his successes, scaling the brand into a business with multiple products and $1.8 million a year in sales, and then selling his first Amazon business.

Index
Amazon Brand Expansion
Tips for Scaling your Brand
Different Speeds for Expansion

$0 to $1,800,000 on Amazon: Brand Expansion – Video transcript

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The only thing standing between you and your own business is you.

Amazon is a billion-dollar marketplace, with room to grow and room for you to make your mark.

Start today!