Why Jet.com should have our attention

by Jordan Malik on December 3, 2014

Jet.com is a not-yet-launched e-commerce site (founded by an ex-Amazon employee) that has my ears perked up.  Jet.com

Normally I brush off the “here’s-a-company-poised-to-go-against-Amazon” PR-fueled hype, but there are two reasons why I’m paying attention:

1.) (If the rumors are true), Jet.com will be poised to at least carve a small niche that Amazon is either too big to pursue or simply not capable of doing

and

2.) They have $80M in venture-backed funding and they haven’t even launched yet.

Keep in mind I know nothing more than you about Jet.com (they’re quite secretive right now)

The rumor is that Jet.com will (among other methods of selling) use its members base (or fans or whatever) to get goods to a buyer quicker, based on proximity between the merchandise and the buyer (same day/next day in-person delivery, perhaps? This is quite alluring since Amazon is now flubbing up it’s 2-day delivery for Prime members, and eBay has promptly exited the same-day-delivery race)

A while back on my facebook page I talked about how new e-commerce entrants will look to existing eBay and Amazon merchants (those with the expertise in sourcing and selling products) to help the new entrants with product delivery to the customers within the merchants’ proximity. In other words:

1. Customer A needs a personal humidifier and looks at (say) Jet’s site and selects one for purchase.

2.  Jet identifies that Merchant B (you) happens to fulfill that item from home (on eBay, for instance).

3. Jet provides you an incentive (or sends a driver to pick upthe item from you) to deliver the item to Customer A.

Result: You get paid for your product (and your service), Customer A gets the product real fast, Jet gets paid via the monthly membership fee, and everyone wins

Again, all this is speculation. We’ll know what Jet does exactly in a few months. In the meantime, you can get ‘insider status‘, free membership (monthly membership revenue seems to be part of Jet.com’s planned revenues) and/or free stock options if you help Jet spread the word.

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SALE ENDED on DEC. 4, Sorry :)

U.S.-based online merchants (not in the U.S.? Click here):
Amazon course coupon code

I’m sharing a CRAZY offer with you (with my personal full year, 100% money back guarantee*).

Amazon mega-seller Jessica Larrew’s ebooks and courses are all HALF PRICE. (she only does this twice  a year. Offer ends the evening of Dec. 4, 2014)

(I’ve personally used most of them. They have directly contributed to my ~$70,000 net pre-tax profit on $140,000+ in Amazon product sales in 2013.)

Full details are on this page (to get the 50% discount, use code BF2014JM at checkout for any/all the courses)

I already reviewed many of them on my blog, but here are some direct links:

> “Amazon Boot Camp” (1 of the easiest courses for learning how to sell on Amazon in the US) / Get it for just $149 here (enter coupon code BF2014JM at checkout)

> “Liquidation Gold” reviewed in-depth here / Get it for just $8.50 here (enter coupon code BF2014JM at checkout)

> “Online Sourcing” reviewed in-depth here / Get it for just $28.50 here (enter coupon code BF2014JM at checkout)

> “Grocery Goldmine” reviewed in-depth here / Get it for just $34.50 here (enter coupon code BF2014JM at checkout)

> I also used her tips in her Health and Beauty Webinar – Get it for just $13.50 here (enter coupon code BF2014JM at checkout)

Good luck and remember, the offer ends tomorrow evening (Dec. 4 2014)

-Jordan

*My personal guarantee (no strings attached):  I’m personally guaranteeing all of Jessica’s courses/guides for a full year. If you decide it’s not for you after Jessica’s own 30 or 60-day guarantee, email me your paypal receipt ( by the 365th day after your purchase) and I’ll refund you 100% out of my own pocket, no questions asked. You just have to buy any/all of the courses via my affiliate links above or right here . (I make a small amount of $ for the referral.)

SALE ENDED on DEC. 4, Sorry :)

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The Listen Money Matters podcast interviewed me recently on the topic of Amazon/eBay and more. It’s a fun interview (the uber-popular show bills itself as “An Uncensored Personal Finance Podcast”) and you’ll even learn a couple personal things about me that you may not note already (Caution: this podcast is known to have some ‘explicit language’, although in this episode there’s just a smattering)

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unlock photo Amazon restricts sellers from selling in various categories (e.g. Grocery, Health and Beauty, Clothing, Watches, Shoes, etc.)

I believe Amazon made those restrictions because the categories were getting flooded with fly-by-night sellers. Now Amazon requires an application process (which can be rather lengthy for some categories) that can help reduce (or eliminate) their number of illegitimate sellers.

Everyone who wants to sell in those categories, naturally, has to apply for approval (or ‘ungating’).

The first thing is: don’t panic.

Second: Read EACH of these blog posts from seasoned selling expert (much smarter than me) (direct links, no opt-in required):

1.) Mega-seller Jessica Larrew’s posts here and here. (she covers just health/beauty/grocery categories)

2.) Mega-seller Skip McGrath (he covers the restrictions overall)

3.) Mega-seller Debra Conrad has a podcast episode dedicated to the topic.

Third (optional): 

There are services that will (for a fee) help get you ‘ungated’ in various categories (the process is quite painless when you use a trusted service).

Here are 2 of those trusted services (I don’t get paid or compensated in any way for referring you to them)

1.) Amazon selling expert Karen Locker (her web site is here) can help you get approved in the following categories:

  • Automotive
  • Sexual Wellness
  • Watches
  • Shoes/handbags/sunglasses
  • Luggage/Travel accessories
  • Business and Industrial
  • Clothing

Karen’s current rates are a bargain and I know she’ll get swamped with requests (with Holidays here), so get in touch with her asap, and tell her “Jordan sent you” (again, she doesn’t compensate me in any way).

2.)  CategoryApproval.com is also a trusted service provider who can help you get approved in these categories (although I do think some of their rates are unreasonably high):

  • Watches
  • Shoes/handbags/sunglasses
  • Luggage/Travel accessories
  • Automotive

My additional advice:  if you are restricted from a category you were/want to sell in AND you can’t get approved in that category, there is still plenty of opportunity in the ‘default’ categories you are not restricted from (used/new: Toys and Games (Amazon calls most used ones ‘collectible’), books, CDs, Tools & Home improvement, Baby, Electronics, Kitchen & Household, etc.)

Good luck, and keep me posted!

-Jordan

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Scanner Monkey made my book #1!

by Jordan Malik October 31, 2014

A big “THANK YOU” to the tribe over at ScannerMonkey who made my book #1 in ALL e-commerce titles on Amazon (kindle AND print) yesterday!  Just their mere mention of my book, ‘Online Arbitrage – A Seller’s Summary: A Condensed Overview of Chris Green’s Online Arbitrage‘  ROCKETED it to ~100 copies sold within 2 days. (My book is an […]

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Confused about Amazon Best Sellers Rank? This will help.

by Jordan Malik October 25, 2014

Many new/intermediate Amazon sellers ask me “what is a good best sellers rank for an item to sell on Amazon?” The answer varies widely, but I’ve corralled some of the best ‘seller perspective’ help out there, below. (Before you continue reading, you should read this post, where I debunk the myth that all high bestseller ranks are […]

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Online Arbitrage by Chris Green Review – Is it worth $200?

by Jordan Malik October 19, 2014

About 1 month ago, Chris Green published Online Arbitrage: Sourcing Secrets for Buying Products Online to Resell for BIG PROFITS in Paperback and Kindle for $200+. (you get the Kindle version free if you buy the paperback one). Yes, I bought my copy. At first, I was very skeptical of its value. But I had to […]

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Amazon Seller Courses Reviewed

by Jordan Malik October 2, 2014

Amazon sellers: Some Amazon seller ‘systems’ cost nearly ~$4000 PLUS thousands more in inventory and processes (that they don’t tell you about until AFTER the sale). Help is here: get an inside look at amazing, proven Amazon seller courses for way under $500, instantly via my free e-book. It’s perfect whether you’re a beginner or intermediate Amazon seller, in the U.S. or […]

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8 Ways to Cut Up to 40% off your Online or Retail Arbitrage Costs

by Jordan Malik October 2, 2014

  Amazon and eBay sellers: If you purchase any inventory from online or brick-and-mortar stores, this post is for you. See, with your competition increasing (Amazon and eBay sellers buying the exact same deals as you, online and in-stores), the ‘immediate reflex’ is for all those sellers (including you) to drop prices. Follow suit and […]

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Sell Toys on Amazon and eBay this Christmas for big profits

by Jordan Malik September 22, 2014

Early preparation pays here. If you want to cash in this Christmas, you should focus on the biggest-selling category: Toys (new AND used). Don’t bother trying to figure out what are going to be the hot ‘fad’ toys. Instead: eBay sellers: (if you are an Amazon seller, scroll further down) Download (free) eBay Toy Expert Jenni […]

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