Can you pay almost $5,000 for a training course that states to generate $100,000 each month in profit? Furthermore, can you believe that Amazing Selling Machine is the answer? Would you also think that ASM members joining between 2013-2016 who completed the program and launched a new brand business had median annual revenue of $60,750.00? It’s absolutely true and so the reason why you’ve been hearing about ASM so much lately.
The read more to find out is, within the words of its co-founder Matt Clark, “…a training curriculum and live event teaching entrepreneurs how to construct real, fast-growth businesses selling physical products by leveraging the effectiveness of Amazon.”
This system, co-created by Matt Clark and Jason Katzenback, costs $4,997 to up-front buyers and 6 payments of $997 to installment buyers. To acquire that $4K, buyers receive the following:
In a nutshell, ASM teaches its members the best way to successfully drop-ship items via Amazon. That’s it. This revenue model will not be exactly new; in reality, I mentioned online drop-shipping being a semi-viable work-at-home opportunity a couple of years ago.
Why only semi? One of the biggest difficulties with drop-shipping is keeping product costs down. Products that are bought cheaply can produce a hefty profit for your seller once they are marked up. This really is precisely how Wal-Mart makes huge amounts of dollars from seemingly low-priced goods.
But where is the average Joe or Jane Blow supposed to locate really cheap and fairly decent product? You will find only a lot of hours within the day which you could head to garage sales or store liquidations.
The reply is China. ASM teaches its sellers to make contact with product manufacturers in China, obtain and test product samples and, if satisfied, order bulk quantities of the products. Such bulk orders could cost several or even thousands of dollars, therefore it pays to learn a niche product market well.
The next thing is much simpler: sellers sign-up with Fulfillment by Amazon (FBA) and ship all of their product there. At that time, Amazon stores the inventory for those sellers along with markets, sells and ships it. Thus, Amazon becomes the particular drop-shipper.
Why the hefty cost? Clues about why ASM costs as much as a used car abound in numerous of Matt Clark’s interviews with internet magazines like Under30CEO, in which the very title of the article is ‘The No-Brainer Secret to Success: High Margins.’ On IdeaMensch, Matt lays out his strategy a lot more, noting that, while he started off being an affiliate marketer selling other entrepreneurs’ products and obtaining a 40-50% profit margin, it didn’t can compare to him selling his own product and making a 400-500% profit margin (!).
If https://amazingsellingmachine9.tumblr.com was simply another online drop-shipping class, it might probably cost not more than 2 or 3 hundred bucks. However, as Matt Clark noted above, a business is much more worthwhile if this generates high profits.
How are high profit margins generated? By convincing customers the product has extremely high value and is also in limited supply. Thus, the ASM training doesn’t just are the 8 week course but additional value-added items like the Vegas trip and lifetime forum membership.
Likewise, if you go to the ASM website throughout the year, you’ll notice that the course is oftentimes unavailable. This is because the courses is provided to get a short time only, then the enrollment link expires. However, at some given reason for time- say the following month- that link will reactivate and the other very limited time offer will likely be posted.
ASM also offers dedicated marketing managers who send out emails advertising the program to potential affiliates. The sales copy is quite attractive and mentions how “current [ASM] students are selling over $7.8 million monthly on Amazon!” Affiliates who promote ASM receive a generous $524.55 per up-front sale or higher to 4 x $149.50 = $598.20 per each installment purchase.
Some affiliates have even reported being promised as much as 50% commission on the ASM sales, or about $2K. With your high profits and profits promised to would-be affiliates, it’s easy to understand why ASM has taken off as quickly as it provides. One need only perform a quick browse Google to locate reams of affiliate marketing websites touting some great benefits of this program.
But what about the 6-Month Buy Back Guarantee?
The Buy Back Guarantee hasn’t yet been announced for ASMX. I expect they will offer it again and will update this post the moment I get more information.
ASM does include a thirty days, no questions asked, full refund guarantee. In the event you aren’t happy with this system inside your first month, they will instantly refund you all of your money.
However, I noticed they have been doing something I’ve never seen before. They may be going past the thirty days refund guarantee and offering a 6-month buy back promise.
What this means is that, if you purchase this program and purchase inventory, market it, and you should not earn money following their methods, ASM will refund you the full cost of this program and they will reimburse you for virtually any money you invested in inventory, approximately $10,000.
I have never seen a warranty quite like that one as Matt and Jason would like you to offer the system a try totally risk-free. I don’t say this often, but it really does appear that you have absolutely nothing to lose by giving check it out a try. If ultimately it doesn’t work out after 6 months, you’re out just the time invested.
The Manage by Stats Toolset: twelve months of free use of email automation to send customized emails to all of your Amazon customers
The Manufacturer Launchpage: 6 months of free use of ASM’s in-house wgyqco to assist bring in immediate sales and continued earnings
The ASM Business Dashboard: Instant and easy access to all that you should run your company.
The Best Product & Niche Research Toolset: 3 months free access to the most beneficial product finder to tell you exactly what you need to promote to cultivate your company even faster.
But let’s say you’re looking to buy bigger a lot of wholesale items and actually want to see what’s available through offshore countries like China. Skip McGrath provides an in-depth 350-page printed training manual called The Complete Amazon Marketing System for $127. Also, he throws in a lot of free bonuses like a 30-minute coaching call and lifetime membership to his wholesale sourcing website.