AMAZON FBA NINJA COURSE STUDENT QUESTIONS AND ANSWERS SESSION #6 | AMAZON FBA 101 TUTORIAL EXPLAINED
Facebook Live Now YouTube, coming along, well, as always I’m going to be answering questions in the, student group in, brown belt group, share this, all right we are official, share this in, give me another 30 seconds, we will start, answering, love you are amazing, if you’re watching on the Kevin David, paige come to the brown belt group if, if you are part of the course that’s where I’m going to be in, 10 questions, for the most part, amethyst ever delay in, 10 questions in the brown book group which is, just for the course, since then I’m going to, the answering, question, on YouTube, all right, well I’ve officially, what is up YouTube, what is a brown belt, sebastian Ashley, hey Denisha gravity Richards, canada l’hotel Quebec, what’s up guys, all right, we’re officially live, is about 50, people watching, in the brown book group now, bjorn what’s up Joe what’s up, Jillian I see that heart, alex, joel Amazon allow one person to buy 8 different products from your lineup and leave review, use for all of them, probably not, i mean they might but I wouldn’t do that, the most that I would ever do, especially if you’re using, full price if you’re if you don’t, you could probably get away with like, 2 and 5 but if you’re doing full price, i would definitely not do more than two products purple, what’s up Brad things, it’s just that it’s just an optical illusion, hello Kevin Iha from China we going to Shands and watching you live, nice Jeff, what time is it in Shenzhen right now, so guys, hey everyone if you could help me out if there’s people in the black belt group tell him to come over here to ask questions if the people asking questions on, on the Kevin David page, Tell him to come to the brown dog group, cuz I want to answer every single student question we can, why you guys get going, i’m going to answer a couple in YouTube really quick, what up to you I would have Andrew, andrew I recognize you, camilla Brown pug group, what’s up Renee from NorCal has living in I was living in the bay for a while now that Facebook, hood cleaning Miami what up Alfonso Zayn, francisco, elise, scott Craven, yeah you finally got one live, aren’t you freezing right now, you’ve been naked, what’s up, 8:05 a.m. what’s up, nice you’re up early, give another recommendation for a four-door the one you recommended has a waiting list right now until October, oh my gosh, is that is that both Kelly and Mandy Brandon cuz I can find, some other guys I just, i found that you use, Smaller International forwarders they’re just significantly.
Cheaper but they, can’t they can’t necessarily keep up with the demand, from our group as it’s growing, so that’s on me, find, the best quality lowest cost, borders for all of you guys, so if we need another one in addition to Kelly and Mandy, answer to fill everyone’s orders and, to be able to you know, supply quotes, like that, just let me know, and I’ll do some research tonight and I’ll find, the student group another super super high quality, super low cost for dinner for everyone, thanks for your help today Kevin David yeah of course, do you know what’s better for improving Amazon ranking, keyword search on Amazon to find and purchase product or Google search, keyworth and click on Amazon, there’s no question, whatsoever that’s it is in Amazon, however, what does a does a dual play that right, Traffic alone, is actually better, to rank on Amazon, from an external source, but sales, with an Amazon is the best possible rank, capability, full price Amazon sales is the best possible, rank weight that there is, but let me let me clarify what I meant by that because if you drive traffic, like from Google or Facebook or whatever on to Amazon but they don’t purchase, that is worth more than if, view Drive traffic from within Amazon to an Amazon listing, let me tell you why right, think about it if you own Amazon would it be more important for you to have people come from another website, to your website is Amazon using, credibly, efficient., you know, creating sales and upsells, selling people more than what they intended to buy Cummins, so bringing people from outside sites onto Amazon Amazon wants to reward that until, They give you higher rank, but the biggest ranking, metric still is, within Amazon, still I’m shipping via air for my whole production run would you use the xw instead of f o b, or still send to a port for the freight for to take over, i use apple bi mean, you can, you really care like you were probably save a few bucks getting like a cup, quote from your Freight forwarder to ship it from your factory in China, to the China port, but I just don’t I just don’t care that much about life saving 22, 50 box, but so I just do Applebee’s so I can compare quotes right so if I have multiple Freight forwarders I’ll get to quotes, if there within like, $50 right I’ll probably take the lowest one at the Quality, similar but if it’s like way off right like, go get a go get an international quote a quote from like FBA for one of the the United States Bass, Borders, and you’ll see why we why we use the borders that I recommend, 5 grand, and our borders will charge you, 1500, but I mean it’s not ridiculous because people just don’t know and the people who are just starting out on Amazon cfda for didn’t like the other, the other usa-based guys too and they say, yeah I mean, dennis the one I knew about I’ve seen him in webinars right there if they’re marketing the heaviest, that you know they have, english, speaking, that English-speaking cast, customer service images, it seems like a good deal cuz you just don’t know and then once, how to figure out that, you can get the exact, anything from an international Freight forwarder for, $5,000 less, aroodawakening, does Amazon give you more reading boost, if one person buys, Haniger items.
Or 10 people buy one of your items, word games, the answer is if 10 different people by one of your items, i was invited to become an Amazon business seller what are the advantages, tools that I should put to, to use right away, i mean there’s not a huge Advantage I pretty much everyone gets invited to this, and you get like business sellers rights of people who will like, write off Amazon purchase, is it on their taxes, for like small business and stuff, and so they’re more willing to purchase, like higher quantities of, things is the only difference I really noticed I’ve gotten like, business sales for some of my different Amazon accounts, and people will buy lights, for like 10 instead of what normal people by their, like one or two, so it’s worth doing cuz it’s just like checking a box of super easy but it’s not like you to like, Refocus your Amazon strategy, because of it, oh hey sup was just chilling here in your face popped up, yes, sorry if I startled you and Joseph, i’m meeting with lucky lucky today they come highly recommended, is lucky lucky a freight forwarder Jeff, start good I was looking to start, i was looking to start looking, looking for a four-wheeler tomorrow damn test, where can I find Kelly and minis info Carlos if you if you check the common questions document in the pin post of the student group, brown belt and black belt, i’ll is there actual personal emails, and if people are starting to tell me that you know they’re getting overwhelmed and they’re not replying fast enough for their not being able to fulfill order, definitely make sure you guys tell me that if I see enough people saying that, Then I will find us another Freight forwarder and I will 100% make sure, that they are the cheapest and best quality possible available anywhere, what do you think of wholesale, i don’t think I don’t think, particularly highly of wholesale I mean I have, i have a guy in my Mastermind for a seven-figure + Cellars that does like, 10 grand a day, on, selling.on wholesale but he makes like a 10% margin, and so he’s making $1,000 a day, where, you know he’s generating $10,000 in Revenue making $1,000 a day, and, you know that if people in selling it, private label who are selling 50, $1,500, in revenue and making more profit than him per day week, diculous right, so it’s just so much more orchestration and Logistics, x4, very small, margin in most cases, and wholesale is usually just like kind of a, race to the bottom, amazon obviously only cares about their customers they always have it’s been a few, You staying right so, babe, from Amazon, prospective they want the cheapest possible prices, for every single product, and that is the purpose, for sale, that’s why I wouldn’t want to know, you get good at what you do I wouldn’t want to commit a bunch of my time in life, to learning, a, you know type of selling, that is dependent, on, that is dependent, on being the absolute lowest, price Rite, hey Kevin can you cover your process of prepping for 4th quarter, yeah Kevin there’s there’s actually a video that I made specifically about prepping for fourth quarter, it’s in the it’s in the very last module I’m pretty sure, correct me if I’m wrong, i’m sure the, some of the students know the, order of everything better than me by now but I’m pretty sure it’s in the very last section it teaches you exactly that you know when you have to ship, The latest by to get into.
You for including all that you know, additional processing time, and things like that, i talked about how to tell if a product, will be successful from year to year right cuz just, could just as a toy was super, successful in Q4 last year doesn’t necessarily mean it will be again this year, but there are some clever ways that you can, can figure out, whether or not an item is going to be in a hugely popular again and key, keyboard and how to prepare for a night of the video specifically on that Kevin students voted that as, the topic that they wanted me to do, so, yeah go check it out I think you’ll like it one second, hey Kev I heard you’re going to do a special Us / Canada session setting up taxes any idea when this will happen, Yeah Andrew so I’m working I have a buddy who does, high seven figures on Amazon, he, operates out of Canada sales in the USA market and in a Canadian Market, we will have him on a webinar, sometime, this week, and he’s going to talk about everything, are you going to go on live, there’s not going to be any BS right I’m going to send him the question so he can you know be, slightly more prepared for them just because, you know not everybody likes to answer questions on a live, format cuz it’s kind of nerve-wracking for some people, so he’s going to take a look at all the questions that, sue is compiling, for all of our Canadian students, and he’s going to answer every single one of them until we’re done and you just, Is doing that because, he found a lot of value in the master mind that I invited him to so he wants to give back so it’s going to be, super super valuable, for all the Canadian sellers, not only for the Canadian sellers but for people you know who are just out of the country and just want to kind of get the mindset down of how you operate, in the US, from a different country, protox perspective and from a company, by business formation, perspective, like that, yes lucky lucky are freight forwarders Jeff I’d love it if you could get like if you have a shipment coming soon, you know get a quote from Mandy Kelly Fredo’s and lucky lucky, and let’s do like a case study that says you know, which one is the lowest, if it’s similar, Time frames and things like that, cuz I’d love to you know, it’s always good to add more high-quality low-cost, freight forwarders and we have such a powerful, bargaining for snout, we have so many different numbers were making all these shipments right that we can really Drive, caught absolutely down, which is obviously going today, improve all of our students profit margins by signific, factor, i’m trying to price my product as a premium product and every other seller on Amazon is selling it around $10, how long should I try an, chris price like 12 or 13, turned out, yeah I mean, a couple ways you can, do this job, you can do listing, you can lose listing Dojo or, splitly right and you can just, you can just run it, after 7 days I’ve, a split test that has like one price at, yeah, 95 or 1095 and you can have one at 1497 right and you can just, Split testing.
You can do it with your title as well, i think a lot of people would be so, surprise, thinking that people you know shop on Amazon, specifically for the lowest price but that’s not how it is people, associate higher cost with higher-quality, it’s a natural, it’s a natural Trend right people have been trained to do that the same thing with jewelry it’s the same thing with a lot of just, james Wright cars, so I think that a lot of people to be, surprising, be surprised by the fact that having a higher price does not necessarily lower your sales sometimes it can actually, thanks for answering all my questions cab you’re one bad, ninja thanks man, did you see the new email I just got it today, from Amazon about, simplifying returns by implementing, returnless, refunds, they say it’s highly requested by Sellersville, But doesn’t seem, to be in our favor, thoughts, so I know for some stuff, bjorn and I don’t I don’t know for sure so I’m going to take a guess here and I’ll just I’ll tell you right cuz if I don’t know I’ll always tell you guys I’m guessing, i would guess that certain products, cost more for Amazon to actually, go through the return process, then it does, you know for them not right so I don’t think that this will come out of our pockets, i think that Amazon I think will become more important to know how to, to request reimbursement, break just how I explained, and I think it’s modulate, right pow how we made I think I made, $7,000 or something like that back in a day just by just by submitting one report, the Amazon it was crazy rights of people people need to know how to submit these reimbursements, Amazon disable the automated reimbursement services, it’s funny actually after I taught, this other guy had to do it he, he created software and kind of screwed me over, or he tried but then Amazon shut down his software, but yeah give me a super easy any any of the, yeah students into groups who don’t know how to do the, the reimbursements just message, judge me and I’ll forward you to the place in the modules but it’s pretty cool cuz right, amazon makes a lot of mistakes like every company so, they, you know they’ll lose your stuff they’ll, bill Knott, cocktail not credit you the appropriate fees for a return, you know that all types of, different scenarios, as you have to double-check, their work right and they’re actually not that terrible at a, agreeing with you if you, You submitted in the right way, and so we have a very detailed video on, yeah there’s five different methods of, submitting reimbursement if you do all 5 if you’ve been a seller that you sold a lot of stuff I 100% guarantee, you will get a lot of money back using these reimbursement, so that’s my Gatsby on butt, i haven’t seen that implemented on my stuff yet I would assume, that simplified returns are only for certain products that are more expensive to process, return then just to let the customer, do you recommend using my suppliers shipping agent, they offered lower price and faster time compared to Cali, yeah of course, i mean it’s always a get to quotes for a sourcing right and the reason the reason for that is first of all you want, to make sure that they’re closed right cuz if somebody says 5 grand somebody says to Grand, Got to be something going on there but if somebody says 1,500 somebody says like 1425 or something like that.
And you know this, it’s probably pretty reasonable especially if they’re not connected so it gives you a sense of, the comfort and then yeah if you feel comfortable about the quality, right and it’s a big enough difference in pricing mode then definitely go with the cheaper option, my friend is into wholesale candy wholesale from Alibaba China, yeah, i mean I don’t know I don’t know which one about wholesale Edwards I mean, i just, when I first start Amazon FBA I did a ton of research about what, type of, you know Arena that I wanted to master and dedicate myself to ride cuz there’s Retail Arbitrage there’s wholesale there’s, tactical Arbitrage, and it’s private label, and there’s no question about it that private labels by far the most profitable, It’s easily, has the most longevity, right and you don’t have to deal with all the like just absolutely, gummy Amazon sellers that are undercutting you constantly in, battling you with repricing software and all that type of stuff right, no it’s not it’s not completely easy either but it’s definitely the most, you know long-term in my opinion, so I would assume he could probably wholesale from Alibaba but I’ve never done it myself, again it’s, it’s really the lowest, louis benefit, way to sell on Amazon besides Retail Arbitrage, hey Kev I’m getting, stuck on sourcing not sure what the deal is but these manufacturers on Alibaba, consistently, especially higher than a high-end, then the high end of their listing, prices range, on their product pages, even though my RF, sKU qty order quantity is higher than their list, i don’t get it, I can’t find a decent margin, okay so, so you’re saying that, the manufacturers are, quoting, higher than their list price, so their list price means, pretty much nothing, it’s just like you know there’s like a historical number they typed in years ago like they probably don’t even know what it is, it’s just till I can, entice you write like so they’ll often times quote you significantly lower, like list prices and then we like actually go to talk to them Sao over 500 it’s 10 but their list prices like to, right, it really doesn’t matter a time with their list price is it’s very meaningless, weather, if you can’t get high marginal you can get a decent margin it’s, because the product is incorrect right if you’re actually truly doing your due diligence, if you’re messaging, 10 different manufacturers, you’re leveraging them against each other right you’re getting formalized quotes and you’re changing moq from 1500, You chasing the unit price from 5 to, the rewrite, and nobody’s watching it all and, you can’t find a problem good margin that means at the products, just not right so it’s, the product research stage, the Q4 videos in the student asked ninja extras module of this course yeah it’s at the very bottom thank you Lauren, thank you guys I love it when I love it when students help each other cuz it helps me, it helped me create more content for you guys when you’re helping each other, define stuff, and I hope I saw some people like Jessica and some other people helping people get into the new membership portal, clickfunnels crashed, i really appreciate when you guys help each other it helps me, you know spend my time adding value, more so than just kind of doing the legit, Mexico stuff so I really appreciate it when you guys help.
Thank you gif, send a text Amazon about a week or so to check in your m, dory when she, did you start promoting giveaways, and also getting a verified reviews knowing your part is not quite ready, well you can’t really do promotions if you, you can’t sell your products right, and I always say that right, cuz if you’re going to, do the PayPal payback review stuff right, then, brighten his mess again, it’s against hours of service but a lot of heat, i will do what I want you guys to know what’s happening, if you’re going to do like the friends and family are used other students in a group, where to get you those first verified reviews, i suggest doing that during the promotional. Right because you don’t want to, you know, Sell 10 units and get 10 reviews Amazon immediately raised red flags that cuz that never happens right nobody would ever, 10 for 10, leave a review it, just not it’s just not likely, so the obvious, write your review, generation at the very beginning, runner Runner review, you know campaign, to do it during your promotional. So you have like 10 giveaways at 95% off, and then you have three that you’re giving jealous other students are friends or family or whatever, that you’re charging back full price on, payPal, to get those three verified reviews and then you have 30, teen sales in that day, right and then it kind of Bob’s, escape things it doesn’t look as sketchy, your building your your BSR obviously you’re running your manual key or give away is how we teach, module 4, i can get you on a page 1/4 what you need to, and it kind of all sorts of work in unison when you do it that way, You think I should start with the UK Market, yeah if you’re more familiar with it, i mean less competition is both a good thing and a bad thing right because they have less competition but they also have significantly less, is it depends which Market you know better, if you live in England expensive, a time there that helps, in the course of their video at the process of what happens when the manufacturer, is producing your product, like do they put the barcode on, do you have to ask them to do that can they, print your logo instructions for you if you send them file, yeah so there’s a ton of questions in this one paragraph summary answer in order, yes I have if you have just one product right, just have, just make a custom sneaker box, Brighton most most manufacturers have, you know at least Outsource, boxing, factories where they can give you a blank template, and they say you know this is where your logos, this is where the sticker goes, and then you know, in, preview or you can have a graphic artist do it all you have to do it is just one time right used, create the Box itself that has the barcode printed directly on it, it has your logo printed directly on it or you can have them apply stickers, with your barcode to your box, if you prefer to do it that way, can you just need to send them both of the barcode itself, for the products, pDF writer, print item label from your Seller Central, and you send them your logo normally they ask for invector which basically means like an Adobe Illustrator file so it’s like super, Chris quality so it doesn’t like Prince.
Pixelated at all, if I’m using a freight forwarder do they contact the manufacturer and take care of everything for me, i mean you have to introduce them right it’s all pretty logical Carlos like you just you know make a three-way chat on Skype and say, hey, this is the number of cartons, this is the way this is that, this is my Freight forwarder like you guys can figure out the rest that’s usually what I do cuz I I like to spend as little possible time on shipping, as I can, jeff yeah Carlos thanks thanks for answering that, also is it normal to have a manufacturer response rate of less than, percent to rfqs, yeah I mean request-for-quote SAR, are one way of doing it but you generally, you got a lot of responses normally but you, You generally get lower-quality right, because it’s the factories who are super high quality, generally, have people coming to them off then right and they don’t have time to respond to all these are fused, because from their perspective they they probably, regenerate, are they probably, turn into actual sales, significantly less so, then direct message, just so use the strategies that I talked about in module 2, do Andrew right to like use this, specific filters how I do it on Alibaba, right it’s, the best way to, define the highest quality manufacturers and then you start once you have Keno 35104 manufacturers you talking to, then you start to leverage them against each other then you start to let you know used, 1688, then you start to really, dry those prices down as far as, you can and you increase your March, is it true that Amazon will rent you better faster, Giveaways at full price instead of it, discount this is this is, actually an interest, sing one right because there’s there’s some disagreement here, i have personally found that Amazon gives you a better and faster rank, for selling the products at full price, so if you’re going to give away 10 products at 99% off vs 10 products, apple price, right and full price you can’t make it full price as $1 it has to be, you know within 50% of, it has to be within a certain percentage, of your you know monthly weighted average, average pricing, brand new product whatever you want, but if you have it for like a year and you’re running from us like getting, things back moving, and you know for the whole year you price it at $20, and then all the sudden you changed, $5 try to get, full price, amazon one actually allow you to do that, Again it has to do with the price band restriction that Amazon has, they’re very very smart right and so to get around some of these things you have to be, very clever as well, but, the best way to do a dancer, a question without a long-winded answer is yes it is at full price, and then you know if you are utilizing the power of the student group or friends and family to kind of deal does verified reviews, turn back on PayPal, that is the best way to do it but again, be careful, right because you cannot sell 10 units a day and get 10 review so you have to, spread out, if you’re going to choose to do that which is a violation of terms of service, but most people do it out there, an issue choosing to do it definitely do it during your product launch phase, It will help you you know.
Keep keep out of hot water with a, your life game, fIFA live stream game is strong, thanks Nick, alright I’m going to go back to YouTube for a second, cuz, away for a few more questions to come in, alright if anybody is dying on YouTube despacito question, post it again cuz I see there’s about a hundred, he 75 people watching right now, on YouTube alone, so I’m probably not going to be able to answer all these events throwing up and has a ton of different, questions I already see, what are the percentage rates of actually getting a review and posting your product review, jump Center anywhere, low a dummy jumps out his incredibly low, you know I love Greg and I love, all the software that he’s put out we’re friends right, jumpsend and every other service like it, Is, just overpopulated by really bottom-feeding people now who, yeah, just, literally, getting getting the product for a, percentage of what it normally cost, and often times they’re turning immediately around and reselling it on your list, so the best way to do it by far as manually, or you know if you are a part of the course, we’ve been using, student groups cuz it’s large enough now that you know, it’s not like a one-to-one direct exchange for review, people can help each other out especially, windows first reviews, which is a huge huge help, any experience with selling on Amazon France, no but I mean I saw from the UK and you can, does Marcus so, i don’t know much about the French culture is actually one of the countries in Europe that I still haven’t been to, so, i don’t know much about it but there are some French students in the course, I’m sure that they can help you, amazon UK has a good option right yeah definitely I mean it’s a huge it’s a huge up-and-coming Market, i need a British customers aren’t as accustomed to Amazon, they aren’t as addicted and brand-loyal as the US right there’s not as many people obviously so it’s not as big of a market but because, cuz it’s not as big of a market the carpet, is not a tie so if, you do it right in the UK you know, you can get you can get it, you can make a ton of money, chunky but yeah I’m keep his good there’s a lot of different ones stock stats one of my friends makes, anthony you’re watching shout out, does a lot of, stop that does kind of the same thing jungle Scout product tracker if using just like, The straight-up itrack 999 trick, is the most accurate but again it’s, tough to, you know keep up with its very manual and it, it’s not you know that much fun to do but I always recommend at least, 3 days, abdou n’diaye track method just to make sure, that, you know it is selling you, you want to just make sure manually even though, i normally trusted, the product tracker I normally trust stocks a sin, but again, that final three-day verification manually doing the I track 99, it just helps, it helps for me to feel good about a product, any house for me to like know for sure that I’m jumping in, not sure if you’ve already been asked this, just joined but are you still closing the course soon or keeping it open for a bit, i’m actually I’m actually going to decide that during this this, During his live session I’ve had a lot of had probably 500.
500 more people message, does me or email me in the last you know couple days, telling me you know they get paid on the 1st and they really wanted to join the group, and that you know they are feeling really bad about missing out because I was going to close it tonight at midnight, and so I need to I need to think about that and decide for sure what I’m going to do, as far as that goes because, you know my my life goal is to help as many people as possible you don’t leave the night at 5 behind, leave that corporate slavery in that corporate drudgery behind, and by closing the chorus, you know I’m helping all the people who are currently in there but then, the people who need a few more days are have been saving up, To join it and are just going to miss it right I feel terrible, do not sow, imma have to Imma have to decipher that, let me go back into the student group really quick, what happens if Amazon received your products and some products, fell out of the packaging during shipping, do they just throw it away, what is the labels don’t scan for some reason, suppliers didn’t print them out correctly would they, their own, amazon, put Amazon damages your products, again this is why we eat this white importance do the reimbursed, amazon damages your product, vape they actually will admit it, normally, and they’ll reimburse, play lose your products in their warehouse and they reimburse you, ashley had a friend who shipped in 500 units, amazon loss, all 500, and paid him his, full, sale price for every single one, in a single payment, Obviously ridiculous, but you know it happens in Amazon normally actually is pretty good about this, i’m at the labels don’t scan Amazon does have the capability of applying labels right it’s an option during the shipping, play creation, so I’m they do have the ability to, do that but I always recommend having your supplier do it, significantly cheaper, do you ever recommend selling the same product on his face, keyword if not what are some ways, be different or recommend doing, and how do you know if your bundles going to work at the, the price might be too high or they might have, just in the park itself, louise can you ask, can you ask that in a different way, just have a lot of questions there, what do you mean by selling the same product on a specific, if you leave a comment down below and I’ll answer it, Because I was I was asking YouTube what does all the III symbols and jungle Scout mean, people trying to hide their prices and listen to another, no not not normally I mean, sue that that basically means that there’s a server error that Amazon are that jungle Scout can’t Quarry that data, so it’ll just put like a little, it’s more like a placeholder for if they don’t have accurate data for that, set of metric, have you ever heard anything about 5 or not giving you exclusivity to your logo when you trademark is not an option, and other places, no I mean exclusivity is, is, forest by the USPTO mesh, fiber has nope no control over that, once you go into registered status for your logo you own it, right they do a search, four other trade trademark owners for that, particular logo, And so once you get invited into register mode it’s yours.
Is the Canadian Market, edward it basically this comes down to what you know right is the Canadian Marketplace any good Earth, uK better, i would personally say the UK Market has more promise as of right now, but the Canadian Marketplace you know has some promise you I don’t know what time about the Canadian, culture versus the US right I grew up in the US I know much more about it, the marketplace is absolutely enormous, i always recommend you know, the US has so much, so much space left, for people to come in, andrea Lee, take it over, write the Canadian Market, is, much more spread out, write like, 70% of the country are like 80% of country lives in that like one little strip near New York right, and so, you know it’s a huge very spread out country, Just doesn’t have as big of a market as the US, and the USS so much potential still I just always recommend doing the US, when you find any product what you wanted to sell in that case how do you find that particular supplier you just search for the key word right, if you found a, you found a garlic press on Amazon, jungle Scout or whatever then you’d, just go to Ali Baba you search Jungle Scout, you can watch the second module Swope Sue I talk about exactly how to find, i manufacturers based on keywords right, and if you find products on Jungle Scout you’ll see the keywords in the in their titles and, things like that, is there a way to have Amazon get your your items ready to sell quicker I should 500 USA Amazon warehouse like I supposed to but it looks like they shoot my, My Pride is All Over the US, all 500 items ready to sell, no there’s not there’s not a way to expedite their intake process and it’s even slower during Q4, you have to account for that when you are, you know creating an inventory forecast, for getting Q, q4 units ready, you know, you can pay for inventory placement I guess Joel which basically means you pay up, $0.30 per unit, if it’s under a certain size and weight and you, you can send it all to one Warehouse even if they let you know a sign you most for warehouses, that sometimes can get it done faster if you do get assigned one Warehouse usually gets done faster but but Amazon normally, drips in your inventory right if it’s not like it goes from 0 to 500 it’ll go from 0 to 35 units available, alta 70, 203 right it kind of thing kind of trickle in so, Normally that happens, overtime but it happens quickly enough that you can sell some units without all 500 doing, available yet, could you explain your prefer to Legal entity business, bank / credit account setup in order to optimize taxes reward points, yeah that’s a complicated question Elliott let’s go, so, the best way in my opinion, i like to work alone, yeah for the most part I hire out a ton of different employees, but yeah Equity I always want to Own 100%, right I have a business partner now who, is incredible and he helps me so much you know and it was a hard decision for me to give up, percentages of the companies but, the best way in my opinion, is an LLC, see right with an S corp election, because having it as an s-corp you can, avoid paying, you know the 15% social, Security tax.
As far as business bank I use a couple different options right, if you want to use the LLC right through Wyoming you don’t live in Wyoming, you know depending on what state you’re in bill they they might not allow you, i need to open a business bank account, if you live in California but you have a Wyoming LLC, that the llc’s in California are so much more expensive they try to enforce you paying that to you know get out of their tax, that, and so I use Chase, y with an Oregon LLC I open chase in California now I live in Colorado, right so it’s complicated, but you can use online banks like Ally and Capital One, and while they don’t have no technical business, checking accounts, for the most part you know, unless you’re making, ton of money, it’s not a huge deal I think people get to hung up, On YouNow getting everything, perfect before they get started right, if you’re making like $500 a week or like $1,000 a week having a checking account you know getting money from Amazon is not, talking to like U2 end of the world that if it isn’t, nsbank yes you should set up a business bank account if things start to get serious and you’re making, serious money, but don’t let you know, everything weigh you down have everything, be perfect before you get setup, as far as optimizing rewards points there’s no question about it the best the best credit card in the world right now, is unfortunately only available to deal with American Banks, and you have to normally have above a 725 but it’s called a business Inc, preferred, they give you, three points, tax per dollar, on, up to $150,000 worth of expenditures, In one year right, and so they also give you an 80000 Point bonus for hitting the spending thresholds, so all you know, guaranteed I’ll make 530000 points, 100% per year and you can get you know, you can go anywhere in the world, for 80000, round trip anywhere in the world using United, united Air, airlines, using chase points you can go anywhere in the world round trip for 80000 points, and guarantee this car is going to get you, 530000 per year, as far as legal liability, started the long answer but he you ask a lot of questions Elliott so I hope I may ask, incorrectly, as far as legal liability right setting up a registered agent the reason that I use Wyoming, is significantly different more difficult to sue someone, if you can’t figure out who owns DLC, people you know, use these registered agent services in Wyoming places like Nevada in, And things like that, because the LLC, sea is public information in most other states, but in Wyoming it’s, you use a registered agent so my name appears nowhere on my LLC, you know any of them, and so having that additional barrier, obvious, who’s getting identity can really help if somebody you know and like, crazy one-off case, but somebody slips, and like stabbed himself in the neck with like a toy or something and they die, they try to sue you it’s significantly more difficult to do so if they can’t find you know, who you are based on your LLC, and normally that that, nearest Publix, so the answer really quickly again, business Bank Chase in an online bank credit card business ink preferred optimized taxes LLC with an S corp, collection Reward Points business ink preferred, 530000 per year legal liability using a registered agent State like Wyoming, Do you typically ask manufacturer to send you pictures during the production process.
Yeah I definitely do Jason I’m really really annoying to it manufactures I, manufacturers must, hate me, because I make them do everything how they actually should do it right, no manufacturer wants, how to sign a purchase order agreement no manufacturer wants to agree, to pay for a second inspection, but you know once you once you grind them down it ensure that the act that there’s actually quality for your product right, because they don’t want to pay for a second inspection, said I’ll make sure it’s done right the first time, you know if you if you’re taking pictures and videos during the production process, did you see their Factory it really, significantly, lower the chances of you you know getting, screwed over in some way, i’m trying very very hard to find the product, And for sure, i think I’m an expert in looking for product, then finding out the details of them, but that’s about it, after that I’m stuck, how to find a suppliers are unable to go further cuz I’m scared whether it will sell or no, i mean the fear about, about whether or not it will sell right is, is answered Andres, responded to, using the six steps of product, once you have the data, eTSU, if you have Google trans if you have Merchant words if you have Google Keyword Planner, you know how many times people are searching per month, you know how many different units, per month, all of the competitors on page one for those keywords are selling, you can see the sales, with your own eyes, i can see the pattern, you can see, how many times, and how often these sellers are making me sales, You can tell exactly what their profit margin is by using Amazon FBA fee calculator so there’s really nothing to be scared of, when you have all of the data people are scared about it not being able to sell because they don’t do the due diligence fee actually no, for sure, right once I do the 6th at the product research with my products, that’s it right I give it to my business partner, define the lowest price and we go all and there’s nothing to be, be scared at all, if you have the data and, and you know my purpose in life and my parents with this course is to give you that confidence, to know, once you have done the due diligence once, have, collected the necessary data, to know that that product is going to sell and to go at Longhorn on it and then to really start building, When your business right and that’s why I always say, yes once you collect that data show it to me I’d love to take a look at it right and give you that kind of that final Greenlight to give you, that little boost of confidence that a lot of people, got to need it first to really go all in, what’s your thoughts on James Harbaugh, i mean, he sounds, i don’t know him personally but, you know if what people are telling me is true about what he’s doing with the algorithm say, you know exploit people, who makes mistakes with discount codes, right and what I mean by that guy’s if you’re if you’re doing promotional codes, make sure make sure make sure make sure make sure, that you’re setting the max order quantity, to one, right cuz you, Don’t want to have a 99% off coupon.
And then somebody like this guy right I don’t know if he’s doing it but I can, i keep hearing things about him, that she’s, coming into buying all 500 of your unit, for 99% off and then just reselling them on your on your listing which is, the epitome, a poisonous business, truly hope he’s not doing it, it would be, he’ll be really awful if he isn’t, is ruining people’s lives, you know it’s absolutely disgusting if he is doing that I hope he’s not, i don’t know him personally but, the moral of the story guys is, create promotional codes set the max order quantity, 2 1 on your product listing, wright naked and exclusive code, make it limit one per customer, and you will be safe right cuz, only, somebody’s knocking at create 500 different Amazon accounts, and by one unit with all 500 different emails and things like that to wipe you out, It’s so much easier to just, do one order like, people are telling me that, guys doing, what is the order of keyword ranking spots and how do you decide where to put what, title bullets back in, it’s it’s, title is the most important, uFC 200 characters it gives you the biggest bang for your buck, right you use your search term report, whichever keywords are, performing best right whatever key without the most, flix, cuz you’re the whole point of your title is not to make them by, it’s to make them click, so whichever, terms at the most, plex, for your product, in your base off your search term report right from your pee pee, aBC campaign, that is what you’re putting in the title, write your backend keywords you want to fill those all up with converters, Write up the key words that are giving you low I8 cost, high sales rite-hite click-through rate high conversion rates, bullets same thing, let’s say you’re selling a garlic press nice I love this I love this example already, do you recommend selling the garlic press, do you recommend selling a garlic press, do you ever recommend selling it alone, if it is successful for other sellers, 2 are you always add value, always always always always add value Lewis, there’s no there’s no reason, that somebody would buy from a brand new seller selling the exact same thing then somebody who already has 50 reviews hundred views, 1000 reviews, right if you’re going to sell the exact same thing, why would someone buy from you if you have, significantly less reviews, and you have to fight your way up to, to climb climb up the rankings, try to even like compete with them, Yo by being on page one, always add value always fine, waze, take me home, make it worth it for the customer to take a chance on you when you do have lower, reviews always always always add value, do you recommend building a brand right off the bat for example selling only utensils, kitchenAid Goods, or should I have one source on multiple products in different niches and accumulate Capital first, because your modules on FB ads all seemed like tools in building a brand name, yeah I mean there’s two different ways to do it when I recommend being is, you know I am a huge pan of having multiple Amazon seller account, right, it’s, it significantly reduces, your wrist, you know all of your, income, disappearing by Amazon clicking one button, suspending you, write for an IP claim, and it’s all these scumbags out there who will file false copyright pending reports and then take you down for a night, Infringement.
And it takes Amazon a month, to realize that they lied and you know for that whole month you have no income, having multiple income streams, multiple Amazon accounts, is a huge huge, help in that scenario and I never want anybody, altadena scenario where they get shut down for a full month, and they don’t have any backup streams of income, amazon will generally, allow you, to have at least, one additional seller account right you can open a account in your wife’s or your husband’s name if you do that make sure all, what information is different bank account address, credit card name everything, to answer your question I prefer having one account, they have high margin products right to a garlic press, a trampoline, write a basketball, you know a water bottle so they’re completely different, Completely unrelated and then I have I like to have a brand that sells you know, camping hammocks, and like a camping stove in a, camping backpack, and you know things like that’s why I like to have a brand account and I like to have a high margin, can you trademark a name that shows dead and USPTO, and how long does it take, for the process of, trademark also what route would you suggest, uso lawyer third party websites on flights, i use trademark yet there’s a lot of intricacies, to filing a trademark you don’t want to get wrong, right cuz it’s a very long process, let’s stick to 10-month Israel, to get the, trademark filed right so I just use trademarkia, it’s like $150 extra for them to do everything so it’s totally worth it in my opinion, i have no idea if you can trademark the word dad and uspf, USPTO, but it’s about 6 to 10 months and I use trademark yet to do so it’s not that expensive, q4 scares me I’m going to watch your Q4 video to five times at least, yeah, for sure, yeah I know I mean Q4 is not scary if anything’s Q4 is the most exciting time for Amazon sellers right, my first time, doing Q4, how is not ready for it at all I literally saw out of every single unit of every single way, one of my different products all of them, 100% sold out, and, you know, people under s, v, deep, explosion, the man, thank you for an Amazon, americans are, very, used to, purchasing last minute gifts on Amazon right, it’s very cheap, it’s very convenient, amazon hire the, a ton of extra people to come in, and help, nFL orders, It’s it’s just ridiculous like you can expect, you know if your gift related which I always recommend people, the be because it lowers your return rates, you know taboo to return a gift, a lot of different reasons gift ability you can add luxury and premium, you know that people love each other and best friend they’re willing to spend a little bit more, but, if you’re a gif related products, drink you for you know it’s not at all, it’s not at all unreasonable to expect a, 10 *, attend times, sale junk, rice if you’re selling to unit today it’s not at all unreasonable to sell 20 units a day, if your selling 10 units a day, it’s not at all unreasonable to be selling 100 units a day, and I know that sounds ridiculous but when you’re doing your inventory forecast, for Q4 and you’re in your gift related, don’t underestimate the power of Amazon that is, You know most.
Powersellers we’re making you know million-dollar + 7 figures are higher, they do 50% or more, n24 right over 75% of the year they do 50, 80% and then 25% of the year they do 50% of think about that that’s, it’s a very powerful, don’t underestimate it’s a very exciting time to you shouldn’t be scared just be excited, can a Wyoming LLC allow an S corp election Gap course, can you do a tax filing video going to detail of steps how to organize all the data from Amazon feed, sales and advertising Etc, yeah I could I mean I have I have a low-key one, you can just use tax guy tells you you know how much you owe by state, and things like that, as far as establishing Nexus there’s a report in Amazon that shows you know where your inventory is being held, and so it’s not it’s not as, Complicated as people think, it’s just very individualized, that’s because people live in different places, business order inventory, different places, fYI Capital One is a great business banking account but if you register online it because it’s a domestic only Bank you will not be able to send, international Bank transfer, obviously won’t work for private label is where we typically, philippe the balanced BST, gTI, so I mean, this is the lazy way to do it but you know I’ve heard about people, who send International wire transfers with their personal accounts, and then just reimburse that amount from their business account, because, is generally cheaper, descending a national transfers for business bank accounts you have to pay all these fees, just paying it from my personal account and then p.m. breaking it with your business account, is an option, kevin I’ve heard, People talking about how they plan on using a company name as their brand so they only need, one trademark versus having multiple trademarks and multiple brain, could you explain what, the deal is with this, the pros and cons are, yeah, so your trademark for next protect your brand name, nathan it doesn’t protect your Seller Central account right, if I get my Seller Central account is Kevin David, and my brand, is that lifestyle ninja if I’m selling products to have that life now since that lifestyle Ninja, logos on them right if I’m selling these t-shirts, my trademark protect my my Seller Central account, by default because I’m selling brand related products, in my Seller Central account, right so if somebody’s coming on at the hijacker I guess I could, submit a infringement report, for that specific listing because it’s, if that lifestyle ninja logo on the product has nothing to do with the Seller Central account itself, Rights if you have all bran related if I’m selling, you know a t-shirt that lifestyle ninja if I’m selling a watch with that lifestyle ninja if I’m selling a phone case, they’re all protected, because of the umbrella of the brand logo and brand name itself it has nothing to do with seller center, can we find a supplier for every single item listed in the Amazon, i mean maybe not every single items to but yeah for the most part you definitely could, would you consider sharing a redacted, start to finish walkthrough of one of your product sourcing negotiation with a manufacturer, yeah definitely that would be something I would I would definitely share to be perfectly honest I don’t do a lot of the communication with suppliers any, more because I hate it, in my, My business partner does most of it.
You know cuz I’m there I’m a very, i’m a very, i’m a perfectionist when it comes to dealing with, suppliers so I’ll never give them an inch, and so it takes, it takes me, a week to negotiate with a manufacturer that takes my business partner, 3 days, because he gives them a little bit more room, it just gets moving faster and we can get a lot of more product source, so it is better for him to do it because it is, give me high blood pressure, and, makes me want to kill myself, if I want to change my knees after like 6 months or a year then how could you have all the items listed in our page, or do we have to not, sell the previous item, so I’m not sure what you mean could you could you rephrase that down below, Well trademark registration to take one 6 months to a year to be, we start selling while we’re waiting or is it better to start selling after getting a trademark, definitely a hundred percent start selling now, never ever wait guys, you know, the human brain is funny, gives you all of these reasons to rationalize yourself not getting started right, like you know I’m just finishing his job I’ll get started right after or you know I have this paper to write out all, we start working on my Amazon business right after, i’m not talking about you at all I’m talking about people in general I was the same way, you know I just wanted to finish my time at the accounting firm, before I start FBA you I wanted, finished the book I was reading right, don’t ever let yourself rationalize waiting, start today, Always start today, always, once you trademark comes will be able to hit the hijackers hard, get them removed immediately but there are ways to combat them until that happens, you know cease-and-desist report I give you my my exact report that I wrote, right it has the English and Chinese versions it really does a good job that’s in the sea, success ratio of taking down hijackers with it, is probably about 95 or higher percent, and so it does a really good job, but yes I always recommend if you are serious about your brand, file a trademark now it takes forever to get it, i know it’s $450 and that sucks paying but it will help you in a few, relating back to another question about having to Seller Central account, i would assume you would start with the high margin account and then started Brandon, what do you need to do to set up a second seller account, If you want to do it and completely legit and get Amazon’s a blessing Nathan, i have my exact template that I use I tell you the exact email it seller. Performance at amazon.com, it’s in I think it’s in modulate at end of video, it’s called how to open a second Seller Central account, literally just copy and paste exactly what I wrote, change you know any brand specific stuff to yours, and then send it to the email address I have the email you sent it to at the top, what are some ways to add value to your product and how do you know your final product will actually sell how do you know what price, i add value to my parts in a variety of different ways right so you can use like the, the frequently bought together section to know what to bundle, You can compare you know it’s a basketball.
And a basketball hoop, the basketball hoops $100, the basketball is $20, if you sell them both for a hundred, 1500 in 1995, and instead of having to make two purchases, even though it’s the exact same price they’d rather by your bundle, a good way to know how to add value to a product movies, is by looking at the negative reviews, you can use the jungle Scout web database, to filter only for product to have, you know I got 3.5 stars or lower, look at the negative reviews filter buy one star reviews, and you know you’ll start to notice similarities people say you know it always breaks or it cracks or you know the material, is not thick enough, or you know it it, you know I arrived broken or the packaging suck or you know whatever they’re saying, You’ll notice similarities, in those one star reviews, and you say okay I can I can improve on those things, all you know all use a high stronger quality material all use, you know I’ll use more luxurious looking Packaging, i’m all add, maybe, component to to like this, a specific product to make it, you no more easy to use, those are ways you add value, and you use the customer reviews themselves you don’t have to be creative YouTube, look at what they’re saying is wrong and then you make it better, do you zero in addition to Statue or do you think they overlapped, i don’t handle much of the accounting either Bjorn, my my business partner and I have it split very beautifully he, he does all of the sourcing all of the products typography, and all of the accounting, and I find all the products, I do all the listing optimization and I do all the, dC in Facebook advertising so, we just do what we’re good at, i don’t know what time about zero but I think I think he uses QuickBooks, and it seems to work well for us and we have an incredibly complicated, business knowledge, different accounts in seven different products, katie what exact product you sell so I can steal your market share, i sell fidgets only actually that’s that’s all I sell next so you can go ahead and, instill that for me, can my Seller Central account sell under multiple brand names, noah can, nick, your brand name, you can have multiple in so you can have a product that says that lifestyle ninja and you can have a product that has a logo that says Kevin David, you could sell both of those products in your account, But your store name right, so like the example I always using my videos at the alpha grillers, garlic press so when you see the garlic press, the store name is that link that you can, alpha grillers, that is their brand name right, you know you can have two different products with two different logos and you, you call that a brand name, but most people when they say brand name they mean, the, storefront name, do I need a freight forwarder shipping my products out of China and another phrase for 2K My parks in the United States or the shipping, the manufacturer’s guarantee my shipment arriving to the freight 4 in the USA, so that the shipping fee you pay to your manufacturer, generally is just for f o b that means that they get your products to the port in, china, not in the USA they get your do they get your product from their Factory in China, To the port in China and your Freight forwarder takes over.
You can use Freight forwarders you know that have, offices in the USA in office, what is an internationally and you have to talk to two different people but they normally do everything, m4u most Freight forwarders, you just have one point of contact, and they kind of handle it from the China port, all the way to the Amazon FBA Warehouse, if you pay exw, that means that your Freight forwarder picks it up, off the ground, in the China Factory and gets it all the way to America, if you pay fob, i need your Freight forwarder picks it up, in the port in China all the way to the Amazon warehouse in, in the USA, do you need 04 accounting and prepping taxes or something similar to QuickBooks in addition to fetcher which Focus, More on Amazon, pacific time, why didn’t you just asked this girl and I thought I answered it I don’t know a ton about zero I don’t I don’t do the accounting end, tax stuff very much, so maybe I’ll have my business partner write something up for us, yeah I did taxes myself before I had a business partner and I just use taxjar, and I did my accounting, cuz it was a lot more simple, me know when I only had, 17 products versus what we have now, it was a lot simpler, sauces using Google drive like a Google Sheets, antakshari but now it’s, obviously significantly more complicated so use, accounting software QuickBooks, antakshari, what if your frequently bought to, bought product is a liquid example vitamin, a bundle something like that or look, It depends what’s the other products right, i mean vitamin C I would assume is a beauty products you got to be ungated John so, if you want to tell me more about it, maybe I’ll be able to answer that but, without knowing I don’t know if it would be a good bundle to have vitamins, see if it’s frequently bought together most likely be answered BS, hey can you give me an approximate timeline of getting your rank up after a stock-out I know you talked about stock out to my job but you give me an approximate, the time to be awesome, if you stalk out, life is a common method, but you want to keep raising your price higher and higher and higher and higher when you’re about to stock out, that is absolutely incorrect, the way you move the way you do it as you read everything exactly the same if you know you’re about to stock out leave everything exactly the same, Write do not raise the price to a ridiculous level, so just let it sell computer like normal until you’re sold out and then work at, extremely hard, to get your product back in stock within 2 weeks, if you get your product back in stock within 2 weeks, even if you have two Airship it, you won’t lose significant rank at all and you’ll be back up to your previous rank extremely quickly, in historic Amazon historically Note 8, your BS are as you, you stalk out, people who raise their price super super super high, right and they get less and less sales because of the, priceline higher and higher their BSR significantly lower and their, quickly rank slower so when they do restock they start from that much, worth ranking, i sold like normal and maintain their higher PSR, Hey Kevin give me a call.
Sorry I just read that so I hope that answered is lava, that’s why I was asking for Amazon postal code do I have to create the listing, first order private, provide this information, an Amazon postal code was that mean, do they mean like where is the Amazon FBA Warehouse you’re eventually going to ship it, can answer that below, is it better to move forward with the relatively low-margin product, if you currently got no other processor, go back to square one with product research, you know 30% isn’t isn’t that, isn’t that low and, 25 is, yeah I shoot I would I personally now, knowing what I know now I would never, i would never, source a product that I knew, was less than 40% Rikers, with PVC, margins and you know if you’re going to do Facebook advertising with giveaways, Using clean. IO and do all of the different, you know message that, differentiate million-dollar Sellers from your nose smaller time sellers, you need a larger budget of giveaways, in a larger budget, get onto you know page 1 and Main, pain that that ranking, if you do that with a very low-margin product, you just not going to have enough, return for the amount of work that it takes two, create that, so I would I would never personally recommend anyone to go below, a 40, 8% margin, how do you bundle / selly bus with your product how do you email your customer link of the e-book when they order your product, do use email follow-up Services Mo soap, i mean I use on Master personally they have an attachment so you can attach your ebook as a PDF, or you can you know, link to it I guess but you you want to attach, PBS Kids Amazon doesn’t like, links that take their customers, to your own stuff, so just you know attached it in your email Fallout campaign so when they order your product they get an email saying like here’s your free ebooks, like download now and it’s like, i’m going to go back to YouTube for a second cuz there’s no more questions, what’s up Auto, so I have about 10 more minutes guys, oh wow there’s a ton of people still on YouTube, all right, can we talk email or text let’s do business man and message me on Facebook I love talking everyone, can you, can you find the difference when you’re Brown, brown belt and black belt grease there difference if I buy Fuller using payments, the black belt group is for full corset, you buy the full course whether it’s by payment plan, My PayPal, whatever it is if you buy the full course, you get into the black belt group, if you buy a single module you get into the brown book group, a question about Max quantity I noticed some products have Max quantity say limitations for each person for sale I couldn’t use, i track 99 method any any thoughts on this, yeah just, there’s two ways to get around this, the way the best way is to look at a competitor right and hopefully they don’t have the max order quantity and then I track them, the second best way is to use, the camel camel camel, sales chart, 2 to review the chart that they have right to get that, the sitting the camel camel camel has a way of, moving past the max order quantity and it shows you, you know if they have a c, sustained very high BSR, You know.
That, that they have consistent sales over time, can you go into detail on the one-on-one help / ghost me get with your product, it seems that there are many options, for the same type of course what makes yours the best, i mean James but you know I don’t ever try to convince people to buy the course I think that people should make, you know decisions for themselves, do the research yourself right whoever you believe in, whoever is answering questions, in the most articulate way then you can, can tell if they know what they’re talking about, yo read reviews on all the different courses, you want to let you know do the research for yourself don’t trust anything I’m saying it would anyone know what anyone else is saying right, the one on one, aspect and help right is, is this type of thing I answer every single question that my students ask, In the student group for Q&A, should we do every week, right I’m always I always try to be available on Facebook, messenger for any type of complicated questions, and so yeah so I try to always be there for all of my students and I think, if you ask any of my students that they would say the same thing, i didn’t, is there a seller ban for Q4 from Amazon this year probably it’s usually around October 19th but if you have a Seller Central, count up and activate it before that you should be fine, does a Sensei 500 discount code work, i know that one actually is expired Justin it’s a final 150 now and you have to actually type it in, sometimes copy and pasting doesn’t work, so just type in Final, 150 with no space, And it should work, oh my God, so many questions on YouTube, get the trademark a store name, i just answered that so, can you trademark your brand name right so, if my brand is that lifestyle ninja so I trademark that lifestyle ninja let’s say that my store name is called Kevin David, right so I I could trademark that but you want to trademark your brand name, i took tennis courts do to a low-budget after my first practice, instead I will get your course thanks for everything so far, awesome man thank you, yeah you know I mean, yes I look forward to having you join the group, to be honest in my opinion the best modules the PPC one but honestly the whole course is nuts i-200 10% recommended, thank you, let’s trust the numbers, tanner J fox scammer is your is your screen name on YouTube, I did something happen to you I’m sorry, i’m sorry if that did, what about the BSR off the jungle Scout web app would that work as well Kev, the BS off the jungle Scout web app does it does generally work but you want the data, from the store so you can see BSR on any listing on Amazon, i’m you have to look, camelcamelcamel also has a son, historical, shart it shows you for BSR, which is generally more helpful because you, you can see it kind of overtime, which helps, pS thanks for the videos and do another Denver Meetup, yeah the Denver the Denver meet up with so much fun it was like I didn’t expect so many people to come but everybody showed up I didn’t had no idea there so, so many people here, but yeah I know I’d love to I’d love to meet up with everyone work we’re actually planning kind of a like paradise Retreat for, The students you want to join.
Right it’s not going to be like all the other, girls out there who are charging people like 10 or 25 Grand to come to be like, tonight events at a profit a bunch of it, it’s going to be you know I’ll organize everything and then I’ll literally just pass on the charges, if it cost, you know $3,000 for a, to stay in to have all the different events and stuff for a person that’s, the only charge I’ll never ever make a profit on that, but we will have a super fun kind of meet up somewhere in like a tropical area within the next few months I promise, cuz I am in the process of playing at right now, have you already, close the course are you sending it for a few more days need to wait to get paid, Before I can purchase it by sucks, yes of Vikram, i got so many messages, just like that I feel I don’t know I need to I need to do some soul-searching tonight I will I will think about it and I will, kind of, make sure to tell everyone, what the decision is, i feel really terrible locking people out cuz if you don’t, as you guys know all I all I care about is helping people, get out of the 9 to 5, spiral Andino, by doing if my courses helping people do that then I want to keep doing it but at the same time I want to keep providing as much possible, value to every single one of my current full-course students, i’m at the same time so I need to I need to do some, Some soul-searching, oh my God, so many questions, come down, i’m invested in another course wouldn’t mind joining yours as well what do you offer this best value for someone with limited funds full course, yeah I know I mean I created the course in a modular fashion, to accommodate both people who have, you know, tighter budgets and people who have, a little bit less, tight budget, i recommend you know if you want to sue, super tight budget just grabbed the first module it’s, i go super in-depth with ton of different strategies on how to find the best products, i mean if you like it if you like my style of teaching, if you’re learning, then maybe you know upgraded, the full course makes sense for you obviously are not obviously but I refund every single individual modules if you decided, to buy module 1, but then you decide you wanted the full course later I will 100% you know refund that that first module for you so know where is it, And you know all all courses and all modules and everything comes with 30 x 30 day money back guarantee, so obviously there’s not a ton of risk, i actually purchase the course of the Sensi 500 code by wanted to use, the final five, yeah of course I’ll just just email the support justinville they’ll refund you the difference immediately there’s no worries at all, are we try to email, be as good as we can to all of our, amazing customer, i’m going to jump back into the student course really quick just to make sure there’s no more questions in here, what do about 10 more minutes guys we’ve already been on for about 70 minutes right now, my vocal cords about to fail, should I start selling with one product and focus more of my budget on the, PPC campaign or should I start with three products and build my portfolio.
I would say, build your portfolio right, people who have been following, tell my story I guess, know that I I simultaneously launched, 7 different products, all the star, rights of all 7 arrive in the same shipment I save money on the shipment, right, you know I tried I lost, in a very large way some you know some people say that the risk, go to Graton. Specific, a methodology of launching, but I was quite sure about the, business model, i was very, passionate about, creating this business, i knew that was going to work I did all the due diligence, to know for sure, write using 1/6 as a part of research, you know for sure that these products are going to sell I didn’t feel like there was very much risk, And obviously you know if paid off, and I was able to, generate that my initial investment back, very quickly, and then, just use all of the additional profits, continually launch more-more-more products, my LC should be finalized at the end of this week I already created an email and Skype account with my LLC name and I’m contacting, expires tonight, can I get some business cards made up how does the business card thing work with Ali Baba, business cards for who’s Zack, could you answer it below, kevin what are you do if you get a pay a patent infringement for Amazon the isn’t legit with, player does not agree to tell Amazon to leave, look beyond the product, yeah. I mean this is exactly, this is exactly why I have multiple products or multiple accounts right, you know one of my original accounts I got an IP claim, 4, a, image, in an, inactive listing because Amazon image recognition software is incredibly advanced, and you know I I bought an image, from a product photographer that sold it to multiple people, and so I got an IP, reclaiming my account got shut down, for a month, until I finally got it back up and Amazon you all of these, awful things communicating with Amazon creating like a plan of action, which is basically like a timeout from Amazon, you know that’s why I always recommend having, having multiple accounts, you know you can message me personally about that patent-infringement obviously sucks, so badly I’m so sorry you have to deal with that, but you know I have I have contacts, 2, deal with nothing but that, as far as, patent infringement you know intellectual property infringement and they can get your seller account backup, It’s not always inexpensive, to do so but you know, it’s worth it, normally, how much Capital am I looking at, start with all the software that, because I feel like I haven’t saved nothing, you know, i generally recommend 126 Grand, for your initial products, right the more you invest, you know, intelligently the more quickly will recuperate that caught that initial efferent capital, you know the only software you really need at first, is jungle Scout, in my opinion, you know there’s Merchant words and it’s things like that but, there’s free alternatives, you know I’m sure students in the groups might be sharing some of your software, you know I don’t recommend that, adam moral standpoints but, you know it’s important to, be able to launch your products official, so now you can’t do that unless you have, the money for it, i’m hiccuping a person, the full course a few weeks ago how do I get into the black belt group, Yeah Jimmy just email support will get you the.
Will get you the quote for it, how do I create multiple coupon codes for one product let’s say I’m doing giving up giveaways of 20 products, how do I create multiple, oh nuts on your body into that, kev how come you have two first names, can you actually answer ask a real question, nathan Daly, jamie just ask, yeah of course, can we all use Chase Ink business points to go on a paradise retreat, yeah that’s you that is a that is what I’m talking about Nick, that isn’t that’s how we do it right because, chase, chase business credit card, 80000 points is a bonus, for just spending money you’d already spend its incredible right, and you know I’m a huge proponent of, utilizing credit card points I’ve been able to travel, Pretty much every time or every continent, antarctica, just using points, you know for free like these, 5000-6000 $7,000 flights, just using credit card points you know it’s a huge, it’s a huge way to be able to see the world, and having these business expenses, using your credit card, to pay for your PP, pC on Amazon, pay for ads on Facebook, you know all these different, is is a huge way to be able to, travel the world for, free which is a beautiful thing, we’re all seven of your price from the same manufacturer they actually where I Andrew, you know you can find these Mega manufacturers in China who just make so many different products, ridiculous like their cities basically, and so, you know I got lucky I found a really amazing guy in, he was honest with me we had a big argument about all of this, Prices obviously cuz I, you’ll never get supplies an inch, and but you know once we finally, came to an agreement on August, stuff it was a beautiful relationship we are both profiting and everything, who’s your business partner, i might reveal that eventually Nick but for now he prefers to remain private, i’ve heard some supplies required the buyer to supply them with a busy, business card do I need to get, created to get supplies, ashley not Zack, i’ve never once given a supplier a business card and I never would, when are you doing the Q&A for Canadian selling in the US sometime this week Bing, i’m not sure exactly when, but it will be in the student group I’ll notify all of you guys I’ll be, as always, so don’t don’t worry you won’t miss it just make sure you know you, You see me post in a brown belt in the black belts group, just check it out if you are in, and we will get that for you guys this week, jump back into YouTube for a few seconds, i have about 3 more minutes, do the case study oh yeah you know okay so I’m starting a case study that I’m going to release on YouTube, for everyone, and it’s going to kind of ghosts, through the entire process, finding a product, finding supplier, sourcing it, shipping it right dealing with, the freight forwarder, creating a listing, from scratch right doing all the keyword research doing the back-end keywords, doing a product launch, setting up an email campaign, right and then I doing it, dC campaign so I will, i will do that case study similar to kind of so what Greg did with the million-dollar case study, Will create one it’s going to be amazing so I hope you guys.
Excited for it is coming I promise I have a few more things I have to kind of get done first, future plan for course regarding affiliate marketing, if I if I close the course, you know to new entries obviously the Affiliates that have already made sales will obviously get paid everything, if I decide to keep the Courts open affiliate marketing will continue, as normal and I actually have some, i’m interesting stuff that I will eventually share with my top Affiliates that is going to, bavaria, it’s going to be very profitable for the, who take advantage of, if I buy the course but don’t have a Facebook how do I find out suppliers excetera or is all, or is all that information in the course, yeah I mean we actually have a lot of people Taylor who, Who made, facebook, specifically to join our student group it’s a huge help right it’s not just me it’s a ton of other people in the same places as you, exchange reviews together. You know I like I’m constantly adding new data, two of the course itself and I announce that on Facebook, yeah just you don’t even have to add a picture to set up any type of Facebook, but you want with no picture we probably have like, 5400 people that have no pictures nothing like one friend on Facebook, nHS join, to you know be a part of our community, cuz it’s incredibly incredibly important, 4, amazon sellers are there any types of entrepreneurs, to have that, community, best sense of community and it’s important facial tics like one second to set up I know some people hate Facebook trust me, it’s worth it Taylor, Is a case study going to be in the chorus or on YouTube, it’s going to be on YouTube, so I, i add you know the important stuff that I do on YouTube to see the extra section that I give away, in the course is so everybody kind of has access to it but the case that he is going to be on YouTube, and I’m going to, continue to add, very very awesome you know, more advanced, stuff to the course itself as I’ve been doing you know daily or weekly, and I update all the different, stuff that I add with timestamps, does people know you know when I’m adding new content, and when what was the checkout, thanksgiving I think you sold me on your course awesome Scott while I’m excited to have you, yeah I made a Facebook just to be in the group he has see that’s awesome, @scott Craven, goran ICU affiliate marketing in my chat box my man, keep the course open one case pocket change for you at the lot of savings for us, i mean, it has nothing to do with the money if you know you know whether or not somebody buys my course is not going to change, in my life, financially right at all it is more about, just being able to refocus like all of my time on my current students, i’m helping everyone one on one, i’ve been able to do that but you know there’s a bench there’s an eventuality that I won’t be able to, to accommodate everyone, with a one-on-one help that I want to be able to, provide right if I, i keep it open forever, so I eventually am going to close it down, regardless so it just so I can get everyone to want to help, But they need.
I emailed the support group with credit card offers today, response, i’ll make sure to follow up on that after this, how many students do you have now if you have just over 600, how can you name the six steps yes in the common questions document, cabify only buy 1 module and buy the rest later can I still get the 920, 5 or so, orso rest of the modules will have a 997 USD, available and we refund all of the, we we find all the individual, all the individual modules if you do decide to upgrade, four-course, yes sir cake have how long is a dangerous, how long on dangerous, review text I’m not sure what you mean by that, gordon used to, then closing it for guys you like some of us will be left out, yeah I know unfortunately it’s a really tough decision I have to do something about that Zeno I don’t, I never ever want to, leave anyone out I want to help as many entrepreneurs as I can, write every single person who leaves their nine-to-five job, at least that slavery and 50 hour 80-hour weeks, behind is just, is a huge huge you know source of Happiness to me, i never want to leave anyone behind, okay I’m going to answer a few more questions in the Facebook group, and then I’m going to shut it down for today, if you regularly send sell 10 pieces, the day how many do you pay, prepare to sell a day before the holidays AKA how much more of a product, take me to have in stock for the holidays, it’s a panda, i mean if you if your gift related Yulia, right leg let’s say you’re selling like a, You know like a necklace for this is like Mommy or something like that, you know during Mother’s Day obviously you’re going to sell, ten times more at least, during Christmas if you have a gift related product like for your mom or dad or, anniversary or, yeah something in that, specific round you can expect between a 2 and 10 *, and sales of your son today you have a gift related item you’re probably going to go, more towards 100 day, during Ino, that Prime that Primetime week, before Christmas, 4share, yes very sad about the case study awesome yeah I always want to continue, no adding, as much possible value to all to all of you guys, you know whatever you guys vote on that you want me to do all the students obvious, whatever you vote on for the next video I’m more than happy to do that, As I have you know, weeks or whatever it’s been with all the, videos I made, kevin have you ever considered keeping the Courts open but hiring on a few people as a, fatima question answer is, interview to determine habitat as much, success and good knowledge on Amazon FBA, so that’s actually a really interesting question William, you know I’m incredibly Audi incredibly selective about who I chose to do that right it would have to be somebody, who I’ve known, since I started right, right I have a I have a mastermind that I, don’t share very often, that has, you know 80, seven-figure sellers in it and I’ve known them all for, almost two years now, and so it would definitely be somebody from that group who I know is doing a million 10 million plus, a year on Amazon who knows, in and out, who’s constantly in the trenches who knows everything about every, Nothing right so if I do ever choose to.
To add someone I want everyone to know, that that I would, put them through a very rigorous, interview process and that they would be, you know, incredibly knowledgeable about Amazon if I do, used to do that, what’s the Q 4 x 4 Non gift items, how to say between 2 and 5% Andrew, if I set up an LLC or Corporation does that mean I have to pay myself salary in order to extract a problem for myself is it better to paper, personal tax converted Corp, lC’s Buy, by default pass-through entities, simon you can, you can Google the stuff for yourself being I don’t, these questions are particularly, complicated right you can just ask your accountant or just Google it right book LLCs are pass-through entities, amazon if you don’t want to pay corporation tax you, But as Corpse obviously said you on social, security socks, so if you have, six figures are higher it’s worth it, for sure, it’s all do one more question in the Facebook group and, maybe a few more out of, youTube, is he getting a seven-figure just finding what works in, scaling it up, who who do you mean my, buy by the project product, product research module and you decide to, sell it would I still be able to upgrade to the full course, i think it I think you mean if you decide to close it yeah and yeah you would be able to, alright guys I’m going to do one more question in a Facebook group and then I am, done for the day my vocal cords are about to collapse in my throat, so you’re saying there’s a chance good it’s good to hear that there is a chance, 4, help for the course remaining open, yeah there’s a chance, i need to talk to some you know of my business partners, see if anybody would be interested in coming on as, you know a fine expert coach to help me kind of answer questions, that’s why I need to do some thinking I will let you guys know what I decide, very soon, you know I want to help everyone obviously but at the same time I want to prioritize, myTime, the people who are already a part of the group, and so you guys will know by tomorrow morning, what, is going to be the final kind of decision, looking forward to Canadian AMA session please do it in the evening, yeah well so we’ll have that later on this week, so don’t worry about that guys we’re going to have to seven-figure Canadian Celeron, 4, the at least, you know by Wednesday or so we’ll have them on to answer all your guys’s questions I saw that huge thread in the student group, about you know all the different Canadian dollars so I hope this helps you guys, he’s a super smart guy he’s going to be answering everyone’s questions he told me that he’d stay on as long as it took, so that’s it for today I, love you guys as always, thank you guys so much on YouTube while we still have 175 people watching at the very end, of an 88 minutes, extreme so thank you guys so much for watching, i hope you enjoy the rest of your Mondays, and we will see you next time.
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