Updated: AMS is back. I have to remind you again, this is a very expensive course!
First of all, have you heard of FBA? It is called Fulfillment By Amazon. You as a seller will ship your products to Amazon and they will be taking care of your inventory and customer orders. It use to be very cool, but now is becoming more and more competitive
It is very difficult to get started? No, but to get the sales you need to go in depth to learn lots of stuff. Which we are going through a high ticket course teaching this business model which I not ready to invest in.
Is Amazing Selling Machine a Scam? Maybe you have seen it on Facebook ads and maybe YouTube ads, wondering are they really the right guy to teach you success in Amazon FBA.
Amazing Selling Machine Review Summary
Product Name: Amazing Selling Machine
Owner: Matt and Jason
Product Type: Amazon FBA training
Price: $4000 at least
Target For: Amazon FBA Sellers Newbies
Summary: They teach sourcing products from China Alibaba and sell on Amazon FBA Private Label
What is Amazing Selling Machine?
In short, this is a very expensive machine. The latest course fee I yet to find out as I register their webinar on Sun 14th July 2020.
If I haven’t attended the webinar how can I say it is a very expensive machine. Yes, I’m sure about what I just mention. Because ASM willing to pay their affiliate for $2,000 for every referral signing up for their course. So imagine how much the course will be.
I can write it as a very good course in this review and urge you to sign the high ticket commission but I don’t think this website goal is like that.
What are Amazon FBA Pros and Cons?
- You don’t need a website or blog
- You don’t need to handle inventory
- You don’t need to ship the product yourself to the customer
- You don’t need to handle customer service (Amazon does that for you)
- Too competitive these days
- Too many products hijackers
- Other sellers can tap on your listing to sell their products
- Race to the bottom price
How I get to know ASM? I use to register on a free online software name Profit Spotlight which is recommended by ASM. The software can scan through the profitable product that are selling well on Amazon. They had launched Profit Spotlight 4.0 last year.
They teach you how to order products from Alibaba and they ship it directly to Amazon FBA. You will then sell your products with Private Label. It seems easy, but the front end investment can be around $500 to a few thousand dollars.
Depending on what products you are selling. Amazon will take a huge amount of profit from your sales. This is one of the seller complain.
Feedback From Real FBA Seller
I would like to share my pain with y’all. 2018 was my first full year of selling on Amazon. At the end of 2017 just month after I started my venture on Amazon I went FBA. I sell both private label and non-private label products. Anyway, today I created an annual account activity report and I’m still in shock… I’ve been following the figures on a monthly basis but somehow it wasn’t so obvious how I’m loosing so much money on various fees. The bottom line is… Only 20% of my total sales ended up on my bank account and most of the money that was generated went to Amazon’s pocket to pay all the fees. This is the breakdown (highest to lowest)
- Cost of advertising (Amazon PPC) – since I’m a fairly new seller I don’t mind paying for it
- FBA transaction fees (ridiculously high)
- FBA selling fees
- Service fees
- FBA inventory and inbound services fees
- all the non-Amazon expenses, like shipping the products from China to FBA, packaging etc.
Now my question is, how on Earth can anyone make money here with all these ridiculously high Amazon expenses?
Maybe I’m doing something wrong… But the numbers don’t lie.
I would like to know if anyone has a profitable FBA schemed business here.
Refer here: https://sellercentral.amazon.com/forums/t/is-there-anyone-who-makes-money-using-fba/437777
Is Amazing Selling Machine a scam? No, I used to find them pretty awesome and clear on what you will be getting for the price you are paying. The question is ASM seem so good, why I chose not to sign up? It’s pretty simple, is too expensive for an average person can afford.
Yes, you can read lot of positive review and recommending ASM. They are making money from the referral. It is even better than selling on Amazon FBA
What you can do is to look for alternative that match something similar to ASM with lower price.