Can you pay almost $5,000 for a training course that states to generate $100,000 each month in profit? Furthermore, would you believe that Amazing Selling Machine is the answer? Would you also feel 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 read more to find out is, inside the words of its co-founder Matt Clark, “…a training program and live event teaching entrepreneurs how to develop real, fast-growth businesses selling physical products by leveraging the power of Amazon.”
This program, co-developed by Matt Clark and Jason Katzenback, costs $4,997 to up-front buyers and 6 payments of $997 to installment buyers. In exchange for that $4K, buyers have 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 is not exactly new; actually, I mentioned online drop-shipping being a semi-viable work-at-home opportunity a couple of years ago.
Why only semi? One of the greatest difficulties with drop-shipping is keeping product costs down. Products that are bought cheaply can produce a hefty profit for your seller after they are marked up. This is exactly how Wal-Mart makes vast amounts of dollars from seemingly low-priced goods.
But where is the average Joe or Jane Blow expected to locate really cheap and fairly decent product? You can find only numerous hours inside the day where one can go 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 those products. Such bulk orders can cost several as well as thousands of dollars, so that it pays to find out a distinct segment product market well.
The next thing is much simpler: sellers sign-up with Fulfillment by Amazon (FBA) and ship all their product there. At that time, Amazon stores the inventory for all those sellers as well as markets, sells and ships it. Thus, Amazon becomes the particular drop-shipper.
Why the hefty price? Clues about why ASM costs around a used car abound in numerous of Matt Clark’s interviews with online magazines such as Under30CEO, where the very title of the article is ‘The No-Brainer Secret to Success: High Margins.’ On IdeaMensch, Matt lays out his strategy even more, noting that, when he began as being an affiliate marketer selling other entrepreneurs’ products and getting a 40-50% profit margin, it didn’t can compare to him selling his very own product and building a 400-500% profit margin (!).
If check it out was simply another online drop-shipping class, it might probably cost no more than 2 or 3 hundred bucks. However, as Matt Clark noted above, a business is a lot more worthwhile if it generates high profits.
How are high profits generated? By convincing customers that this product has high value and it is in limited supply. Thus, the ASM training doesn’t just range from the 8 week course but additional value-added items such as 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. It is because the education is provided to get a very limited time only, then the enrollment link expires. However, at some given point in time- say the following month- that link will reactivate and another very limited time offer will likely be posted.
ASM even offers dedicated marketing managers who distribute emails advertising this system to potential affiliates. The sales copy is fairly attractive and mentions how “current [ASM] students can sell over $7.8 million per month 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 their ASM sales, or about $2K. With such high profits and profit margins promised to would-be affiliates, it’s clear to understand why ASM has brought off as quickly as it provides. One only need conduct a quick browse Google to find reams of affiliate marketing websites touting the advantages of the 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 can update this post as soon as I get more information.
ASM does include a 30 days, no questions asked, full refund guarantee. Should you aren’t satisfied with this program in your first month, they are going to instantly refund you all of your money.
However, I noticed they are doing something I’ve never seen before. They may be going past the 30 days refund guarantee and offering a 6-month buy back promise.
This means that, if you pick this system and purchase inventory, market it, and never generate income following their methods, ASM will refund you the full cost of this program and they will reimburse you for any money you invested in inventory, as much as $ten thousand.
I have never seen a warranty quite like this one as Matt and Jason would love you to offer the system a shot totally risk free. I don’t say this often, however it does appear you have absolutely nothing to lose by giving amazing selling machine review a try. If ultimately it doesn’t figure out after half a year, you’re out only the time invested.
The Manage by Stats Toolset: one year of free use of email automation to deliver customized emails to all of your Amazon customers
The Company Launchpage: half a year of free access to ASM’s in-house wgyqco to help attract immediate sales and continued earnings
The ASM Business Dashboard: Instant and simple access to all you need to run your business.
The Ultimate Product & Keyword Research Toolset: 3 months free access to the very best product finder to show you exactly what you ought to promote to grow your small business even faster.
But let’s say you’re looking to buy bigger lots of wholesale items and genuinely wish 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. He also throws in a lot of free bonuses just like a 30-minute coaching call and lifetime membership to his wholesale sourcing website.