Can you pay almost $5,000 for a training curriculum that claims to generate $100,000 each month in profit? Furthermore, can you believe that Amazing Selling Machine is the answer? Would you also believe 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 a lot lately.
The click here is, within the words of its co-founder Matt Clark, “…a training course and live event teaching entrepreneurs how to build real, fast-growth businesses selling physical products by leveraging the effectiveness of Amazon.”
The program, co-designed by Matt Clark and Jason Katzenback, costs $4,997 to up-front buyers and 6 payments of $997 to installment buyers. To acquire that $4K, buyers receive 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 will not be exactly new; in fact, I mentioned online drop-shipping as being a semi-viable work-at-home opportunity two years ago.
Why only semi? One of the biggest problems with drop-shipping is keeping product costs down. Products which are bought cheaply can generate a hefty profit for the seller after they are marked up. This can be just 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 inside the day which you could visit 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 the products. Such bulk orders can cost several or even tens of thousands of dollars, therefore it pays to find out a niche product market well.
The next thing is easier: sellers register with Fulfillment by Amazon (FBA) and ship each of their product there. At that time, Amazon stores the inventory for anyone sellers along with markets, sells and ships it. Thus, Amazon becomes the actual drop-shipper.
Why the hefty price? Clues about why ASM costs around a second hand car abound in a number of of Matt Clark’s interviews with internet magazines like 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, as he started off as being an affiliate marketer selling other entrepreneurs’ products and having a 40-50% profit margin, it didn’t compare with him selling his very own product and building a 400-500% profit margin (!).
If creator of amazingsellingmachine was simply another online drop-shipping class, it would probably cost not more than two or three hundred bucks. However, as Matt Clark noted above, a business is much more worthwhile if it generates high profit margins.
How are high profits generated? By convincing customers that this product has high value and is also in limited supply. Thus, the ASM training doesn’t just range from the 8 week course but additional value-added items including the Vegas trip and lifetime forum membership.
Likewise, if you go to the ASM website throughout the year, you’ll observe that the course is sometimes unavailable. It is because the training is offered for a limited time only, after which the enrollment link expires. However, at some given point in time- say the following month- that link will reactivate and another limited time offer will likely be posted.
ASM also offers dedicated marketing managers who send out emails advertising this system to potential affiliates. The sales copy is very attractive and mentions how “current [ASM] students can sell 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 approximately 50% commission on their ASM sales, or about $2K. With such high profits and profits promised to would-be affiliates, it’s clear to understand why ASM has brought off as soon as it offers. One need only carry out a quick search on Google to find reams of affiliate marketing websites touting the advantages of this program.
But what about the 6-Month Buy Back Guarantee?
The Buy Back Guarantee hasn’t yet been announced for ASMX. I expect they are going to offer it again and can update this post the moment I learn more.
ASM does have a 1 month, no questions asked, full refund guarantee. In the event you aren’t happy with this system within your first month, they will likely instantly refund you your money.
However, I noticed they are doing something I’ve never seen before. These are going beyond the 1 month refund guarantee and offering a 6-month buy back promise.
Therefore that, if you purchase this program and get inventory, market it, and never make money following their methods, ASM will refund you the full price of this program and they can reimburse you for just about any money you invested in inventory, approximately $ten thousand.
I have never seen an assurance quite like that one as Matt and Jason want you to give the program a shot totally risk free. I don’t say this often, however it does appear which you have nothing to lose by providing read more to find out a try. If in the long run it doesn’t figure out after 6 months, you’re out merely the time invested.
The Manage by Stats Toolset: twelve months of free use of email automation to deliver customized emails to your Amazon customers
The Manufacturer Launchpage: 6 months of free access to ASM’s in-house wgyqco to assist generate immediate sales and continued earnings
The ASM Business Dashboard: Instant as well as simple access to all you need to run your small business.
The Best Product & Keyword Research Toolset: 3 months free access to the most beneficial product finder to tell you exactly what you ought to promote to cultivate your business even faster.
But let’s say you’re looking to buy bigger lots of wholesale items and actually want to see what’s available through offshore countries like China. Skip McGrath offers an in-depth 350-page printed training manual referred to as Complete Amazon Marketing System for $127. He also throws in a bunch of free bonuses such as a 30-minute coaching call and lifetime membership to his wholesale sourcing website.