Use this free site to find more stuff to sell

by Jordan Malik on September 11, 2014

I stumbled across OfferUp.com (I receive no $ or credit for referring them to you).  Offer_Up

It is an easy way for people to ‘Offer Up’ items for sale in their house. For you (the Amazon or eBay seller), it’s a great way to find local, profitable items you can buy for a song and then resell on Amazon or ebay.

I made a video just for you, that shows you how it works, and ‘profit proof’. (To watch the video, you may need a browser like Chrome or Firefox. If it still doesn’t play, you may need Flash installed).

Check it out and keep me posted!

-Jordan

 

 

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Winning Amazon sellers have been adding their own unique products/bundles to the Amazon catalog. (You get a tremendous competitive advantage to this, over other sellers. If you’re not sure what I’m referring to, see these first 3 podcasts/videos by me, here)

My unique products have  included (I was always the only seller) this set of coke glasses and this Playskool Alphie Bundle)

If you need help ensuring your Amazon products get the maximum amount of views and sales, try this free guide by Karon Thackston. Highly recommended by me.

Get traffic to my amazon product

I’m personally exploring buying and listing even more unique products/bundles (ones that other sellers don’t have).  All of Karon Thackston‘s (above) guides are helping me.

Good luck and keep me posted on your progress.

-Jordan

 

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Is ‘coaching’ overpriced?

by Jordan Malik on August 24, 2014

Hi devoted readers, I need your help! 23456

Basically I’m asking: Do you think coaching services are worth their +/-$3,000 investment?

By ‘coaching’ I mean this: Many of my peers currently offer one-on-one Amazon or eBay seller help that runs (generally) $1,500 to $5,000.  He/she will spend a few hours a week with you (phone and web), for multiple weeks, hand-holding you during the selection or discovery of products to sell (via one or more methods like retail, wholesale, etc), where to look for products, how to buy, the entire listing and selling process, dealing with customer service issues, tracking your sales and profits, and growing your business.

But here my 3 concerns with that coaching (this is just my opinion):

1.) I’m not entirely sure there’s a need. The ‘nut’ of what you’re getting with coaching is hand-holding and step-by-step advice. But that’s already accomplished to a great degree (albeit not a personalized one) with (for instance) Amazon seller courses for $299 or less.

2.) I think coaching is (generally) overpriced. If I were to hire a coach for (say) $5,000, I think the coach should be doing everything for me for a short period (account sign-up, creating new products, finding me ideal products to sell, product listing, customer service, etc.) and then sending me videos/documents of all those recurring activities so I know exactly what to do after the coaching service ends. Today’s $1K-$5K+ coaching doesn’t offer that (to my knowledge)

3.) You may not get the coach you’re expecting. I’m not going to reveal the coaches’ names (by the way, there are many legitimate ones), but when you buy a popular guru’s coaching, you’re (generally) not getting the actual guru. It’s someone (presumably very qualified) who works for him her. In other words, if you sign up for “John Doe Coaching”, you’re not getting John Doe on the phone anytime. You’re getting “Jane Smith” or whomever to coach you.

By comparison (I’m not trying to sell you on this, just showing you): I offer a service where a customer can schedule 15 minutes or more with me for what is (comparably) a mere fraction of the cost of coaching. I analyze the customer’s situation (poor sales, don’t know where to start) and point them in the right direction. If they get lost along the way, they can schedule another call with me. Their total investment is generally under $150. My coaching doesn’t give the step-by-step hand-holding and weekly/daily calls, but, do they really need that?

I would LOVE to get some feedback from you, how do you feel about $3,000+ seller coaching? I want to be proven wrong.

-Jordan

P.S. The above is not intended as a slight to any current coaches out there. Also, the above is my opinion now - it’s subject to change!

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Even millionaires buy products low to sell high

by Jordan Malik on August 22, 2014

(Nothing to sell to you here. Just inspiration) FastCompanyCover

Have you heard of Jeremy Schoemaker? He’s one of my idols (among Richard Branson, David Lee RothSeth Godin and Batman).

Schoemaker is an infamous entrepreneur who has made hundreds of millions of dollars with his Internet ventures, blog, and his mega-earnings from Google Adsense.

He’s also a best-selling author and is the ‘most influential person on the internet‘.

Here’s where it gets interesting:

A reader just asked him what he would do if he lost all his fortune. 

His answer (in a nutshell):

Online and offline arbitrage (buying products low and reselling them high).

He cites the huge inefficiencies in the marketplace (meaning: opportunity for buying low/selling high is everywhere).

You can read the article right here (he talks about ‘our’ business about halfway down.)

Cool, huh?

-Jordan

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I failed once. Hard. Here’s my story.

by Jordan Malik July 30, 2014

CNBC recently interviewed me for a story, ‘11 common reasons small businesses fail’.  My failure had nothing to do with my companies today — CNBC had me talking about my first ‘real’ company from 15 years ago. (The story doesn’t mention that my company’s cofounder was an idiot savant and primarily responsible for the downward spiral). Anyway. things […]

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How to win the Buy Box (Amazon sellers)

by Jordan Malik July 24, 2014

Some Amazon sellers (like you) find themselves unable to get ‘buy box’ exposure when they are among other merchants (including Amazon) selling the same exact product. (Sellers ‘win’ the buy box when a buyer selects “Add to Cart” on the main product page AND the item displayed says, under ‘In Stock’, “Sold by [Amazon Seller's name]“). […]

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My used book profit proof (and you can easily top me)

by Jordan Malik July 11, 2014

If you’ve given up on sourcing and selling used books, don’t: Essentially, you’ve been lied to (or you got the wrong information). My videos below explain everything. But if you don’t do anything, at least read these 5 things: Just read the very entertaining and informative ‘squeeze page’ from Peter Valley (the author whose book I’m reviewing in […]

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The ‘new’ Woot.com: Can Amazon and eBay resellers profit?

by Jordan Malik July 10, 2014

The original founder of Woot.com (who sold his company to Amazon) has resurfaced with “Meh.com“, and it looks to bring back the fun that early Woot fanatics loved so much (which is reportedly missing from Amazon.com’s Woot today). In this video I take a look at the potential of sourcing products from Meh.com and reselling […]

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FREE profit-boosting tips for Amazon & eBay Sellers

by Jordan Malik June 26, 2014

Skip McGrath just shared many of his Amazon/eBay money-saving/profit-boosting tips in his mid-June 2014 newsletter. (You don’t have to buy anything from him to learn from him.) Get his free tips by going here: 1. How to Increase Profits in Your eBay and/or Amazon Business also check out (the same page) 4. Coping with The Summer Slowdown -Jordan  

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Watch me turn $1 into $10 (repeatedly) with “Back to School” merch

by Jordan Malik June 25, 2014

Back-to-school is the U.S.’ second-biggest shopping season (yes, you read that right. Bigger than Halloween).  There certainly is a big/crazed shopping frenzy (the first video below will show you some of my own ‘profit proof’). You can (like me) make some steep profits from easily-sourced, low-cost merchandise for this year’s ‘Back to School’ shopping season. But you have […]

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