Can you pay almost $5,000 for a training curriculum that states to generate $100,000 per 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 therefore the reason why you’ve been hearing about ASM so much lately.
The read more to find out is, inside the words of its co-founder Matt Clark, “…a training curriculum and live event teaching entrepreneurs how to build real, fast-growth businesses selling physical products by leveraging the effectiveness of Amazon.”
This program, co-created by Matt Clark and Jason Katzenback, costs $4,997 to up-front buyers and 6 payments of $997 to installment buyers. In return for 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; actually, I mentioned online drop-shipping as being a semi-viable work-at-home opportunity a couple of years ago.
Why only semi? One of the primary issues with drop-shipping is keeping product costs down. Products that are bought cheaply can produce a hefty profit for that seller after they are marked up. This really is precisely how Wal-Mart makes vast amounts of dollars from seemingly low-priced goods.
But where is definitely the average Joe or Jane Blow expected to locate really cheap and fairly decent product? You will find only a lot of hours in the day where you can head to garage sales or store liquidations.
The answer 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 those products. Such bulk orders can cost several or even thousands of dollars, therefore it pays to learn a niche product market well.
The next step is much easier: sellers register with Fulfillment by Amazon (FBA) and ship each of their product there. At that point, 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 tag? Clues about why ASM costs around a pre-owned car abound in numerous of Matt Clark’s interviews with online magazines such as Under30CEO, in which the very title in 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 as an affiliate marketer selling other entrepreneurs’ products and having a 40-50% profit margin, it didn’t can compare to him selling his own product and building a 400-500% profit margin (!).
If click here was simply another online drop-shipping class, it might probably cost no more than several hundred bucks. However, as Matt Clark noted above, a company is a lot more worthwhile when it generates high profits.
How are high profits generated? By convincing customers the product has high value and it is 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 get to the ASM website all year round, you’ll realize that the course is oftentimes unavailable. This is because the courses exists for any limited time only, then the enrollment link expires. However, at some given reason for time- say next month- that link will reactivate and the other very limited time offer will be posted.
ASM also offers dedicated marketing managers who send 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 each month on Amazon!” Affiliates who promote ASM obtain 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 ASM sales, or about $2K. With such high profits and profits promised to would-be affiliates, it’s easy to understand why ASM has brought off as quickly as it has. One need only carry out a quick search on Google to find reams of affiliate internet marketing websites touting some great benefits of this program.
But how 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 definately will update this post once I find out more.
ASM does include a thirty days, no questions asked, full refund guarantee. In the event you aren’t happy with this program in your first month, they will instantly refund you your money.
However, I noticed they have been doing something I’ve never seen before. These are going beyond the thirty days refund guarantee and offering a 6-month buy back promise.
What this means is that, if you buy the program and purchase inventory, market it, and you should not make money following their methods, ASM will refund the full price of this system and they can reimburse you for just about any money you used on inventory, as much as $10,000.
I actually have never seen a warranty that can compare with that one as Matt and Jason would love you to give the device a shot totally risk free. I don’t say this often, but it really does appear you have nothing to lose by giving read more to find out a shot. If in the end it doesn’t work out after half a year, you’re out just the time invested.
The Manage by Stats Toolset: 12 months of free access to email automation to send customized emails to all of your Amazon customers
The Company Launchpage: half a year of free use of ASM’s in-house wgyqco to help generate immediate sales and continued earnings
The ASM Business Dashboard: Instant and easy use of everything you need to run your company.
The Best Product & Niche Research Toolset: 90 days free access to the very best product finder to show you exactly what you ought to promote to grow your business even faster.
But let’s say you’re seeking to buy bigger lots of wholesale items and actually want to see what’s available through offshore countries like China. Skip McGrath has an in-depth 350-page printed training manual known as the Complete Amazon Marketing System for $127. Also, he throws in a bunch of free bonuses like a 30-minute coaching call and lifetime membership to his wholesale sourcing website.