True story: A new Amazon seller followed Scott’s instruction step by step and the results were phenomenal. In the first 30 days of his product going live John made $11,305.94. It’s proof that the model of private label sales on Amazon not only works, it’s a legitimate way to earn a very substantial income. In this episode of The Amazing Seller Scott talks about the highlights of John’s experience, gives encouragement about how you can go about the same processes that John followed, and most of all, continues to stress that you have to take action now.
** John quit his job and dove into Amazon sales. Should you?
** That took a lot of guts. Not everybody would feel comfortable doing that. Scott is one of those people. His Amazon sales business took a full 90 days before he started seeing any kind of significant growth. If he’d quit his job to get into it, he would have been in a world of hurt before significant income came in. While John had incredible success in his first 30 days, Scott says it’s better to do your homework on the side and get started part time. That way you don’t put yourself or your family in a difficult spot. Find out more about why Scott advises caution when it comes to quitting your job to start Amazon FBA sales, on this episode of The Amazing Seller.
** The 10X10x1 Formula worked like a charm for John.
** John gives the credit for the quick launch and success of his Amazon business to Scott’s 10X10X1 formula. What is the formula? Simply put, it’s this: 10 units - $10 profit - 1 day. So 10 units sold at $10 profit, every day. That formula is what you’re shooting for to keep your product sales (and business growth) rolling in a positive direction. John set the 10X10X1 formula as his goal when he launched his product and discovered that the focus enabled him focus only on products that were already selling at least $10 per day, and to work smarter and more diligently as he tried to get his business going. Find out what those steps were by listening to this episode.
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