#948: Why do some long term sellers drop off Amazon?
whatshot 20 snips
Jan 9, 2025
Long-term Amazon sellers are leaving the platform, raising questions about why they quit. The discussion reveals the critical importance of income diversification to avoid frustration and burnout. Selling on multiple platforms like Walmart is encouraged, along with automating processes to streamline operations. It also highlights the risks of over-relying on specific brands and methods. Building a resilient e-commerce business hinges on adaptability and community support, fostering a positive outlook amid challenges.
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insights INSIGHT
E-commerce Growth & Amazon Opportunity
E-commerce is projected to grow significantly, more than any other economic sector.
Amazon, as the dominant player, offers substantial opportunities despite its size.
volunteer_activism ADVICE
Focus on Underserved Shelf Space
Start by filling underserved shelf space at Amazon warehouses for low investment and high success.
This approach offers the greatest odds of building a sustainable, profitable business.
volunteer_activism ADVICE
Diversify Income Streams
Diversify income streams across multiple platforms.
This protects you from platform dependence and mitigates risk.
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The Silent Sales Machine book by Jim Cockrum condenses over 20 years of his experience in online entrepreneurship into a step-by-step guide. It emphasizes key principles such as serving and creating value first, growing an audience, guarding your reputation, and focusing on what only you can do. The book provides practical strategies for building a successful business with minimal risk, including chapters on aligning your business with your ideal lifestyle, using the Amazon Replens model, and expanding your audience. It is designed to help new sellers get started quickly and efficiently, with a focus on creating a scalable and sustainable online business.
Have you ever heard of long-term Amazon sellers moving on to other opportunities? Why do they quit? What's behind these stories? Are there any lessons we can learn?
Let's talk about the indicators on the e-commerce horizon as well as the factors that go into your decisions to stick with Amazon, diversify and building multiple income streams!
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ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated for life!
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SilentJim.com/1000 - A step by step journey to your first $1,000 day on Amazon. Goes deep into examples of "above buy box" and why we love this strategy along with numerous examples.
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