Can you pay almost $5,000 for a training course that states to generate $100,000 per month in profit? Furthermore, would you believe that Amazing Selling Machine is the answer? Would you also believe 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 thus the key reason why you’ve been hearing about ASM so much lately.
The amazingsellingmachine website, llc is, within the words of their co-founder Matt Clark, “…a training course and live event teaching entrepreneurs how to construct real, fast-growth businesses selling physical products by leveraging the effectiveness of Amazon.”
This system, co-developed 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 have the following:
In a nutshell, ASM teaches its members how you can successfully drop-ship items via Amazon. That’s it. This revenue model is not exactly new; in fact, I mentioned online drop-shipping as being a semi-viable work-at-home opportunity two years ago.
Why only semi? One of the primary problems with drop-shipping is keeping product costs down. Products that are bought cheaply can produce a hefty profit for that seller when they are marked up. This can be precisely how Wal-Mart makes huge amounts of dollars from seemingly low-priced goods.
But where will be the average Joe or Jane Blow meant to locate really cheap and fairly decent product? You can find only a lot of hours within the day where one can head to garage sales or store liquidations.
The reply is China. ASM teaches its sellers get in touch with product manufacturers in China, obtain and test product samples and, if satisfied, order bulk quantities of those products. Such bulk orders can cost several or perhaps thousands of dollars, so that it pays to know a niche product market well.
The next thing is easier: sellers register with Fulfillment by Amazon (FBA) and ship each of their product there. When this occurs, Amazon stores the inventory for anyone sellers as well as markets, sells and ships it. Thus, Amazon becomes the actual drop-shipper.
Why the hefty price? Clues about why ASM costs around a used car abound in a number of 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, as he started out 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 building a 400-500% profit margin (!).
If amazingsellingmachine website, llc was simply another online drop-shipping class, it might probably cost no more than several hundred bucks. However, as Matt Clark noted above, a business is more worthwhile if this generates high profits.
How are high profits generated? By convincing customers that this product has 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 including the Vegas trip and lifetime forum membership.
Likewise, if you visit the ASM website all year round, you’ll observe that the course is oftentimes unavailable. The reason being the training exists for a short time only, after which the enrollment link expires. However, at some given part of time- say the following month- that link will reactivate and another limited time offer will be posted.
ASM also has dedicated marketing managers who send out emails advertising the program to potential affiliates. The sales copy is fairly attractive and mentions how “current [ASM] students are selling over $7.8 million per month on Amazon!” Affiliates who promote ASM receive a generous $524.55 per up-front sale and up to 4 x $149.50 = $598.20 per each installment purchase.
Some affiliates have even reported being promised up to 50% commission on their own ASM sales, or about $2K. With such high profits and profits promised to would-be affiliates, it’s clear and understandable why ASM is taking off as quickly as it has. One only need conduct a quick browse Google to discover reams of affiliate marketing online websites touting some great benefits of this system.
But how about the 6-Month Buy Back Guarantee?
The Buy Back Guarantee hasn’t yet been announced for ASMX. I expect they are going to offer it again and can update this post the moment I find out more.
ASM does have a thirty days, no questions asked, full refund guarantee. In the event you aren’t pleased with this system inside your first month, they will likely instantly refund you all of your money.
However, I noticed they are doing something I’ve never seen before. These are going past the 1 month refund guarantee and offering a 6-month buy back promise.
What this means is that, if you pick this system and get inventory, market it, and do not generate income following their methods, ASM will refund you the full cost of this program and they can reimburse you for just about any money you spent on inventory, as much as $ten thousand.
We have never seen a warranty that can compare with that one as Matt and Jason want you to provide the device a shot totally risk free. I don’t say this often, but it really does appear which you have nothing to lose by offering amazing selling machine review a shot. If in the long run it doesn’t exercise after 6 months, you’re out only the time invested.
The Manage by Stats Toolset: 12 months of free usage of email automation to send customized emails to all your Amazon customers
The Manufacturer Launchpage: 6 months of free use of ASM’s in-house wgyqco to help attract immediate sales and continued earnings
The ASM Business Dashboard: Instant and easy access to all you need to run your small business.
The Greatest Product & Market And Keyword Research Toolset: 90 days free accessibility most beneficial product finder to tell you exactly what you need to promote to grow your small business even faster.
But let’s say you’re seeking to buy bigger a lot of wholesale items and really want to see what’s available through offshore countries like China. Skip McGrath provides an in-depth 350-page printed training manual referred to as 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.