Can you pay almost $5,000 for a training course that claims to generate $100,000 each 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 thus the key reason why you’ve been hearing about ASM a lot lately.
The amazing selling machine review is, within the words of its co-founder Matt Clark, “…a training curriculum and live event teaching entrepreneurs how to construct real, fast-growth businesses selling physical products by leveraging the power of Amazon.”
This program, co-designed 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 get the following:
In a nutshell, ASM teaches its members how to successfully drop-ship items via Amazon. That’s it. This revenue model is not really exactly new; actually, I mentioned online drop-shipping as a semi-viable work-at-home opportunity a couple of years ago.
Why only semi? One of the biggest issues with drop-shipping is keeping product costs down. Products that are bought cheaply can generate a hefty profit for that seller once they are marked up. This 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 supposed to locate really cheap and fairly decent product? There are only a lot of hours inside the day which you could visit garage sales or store liquidations.
The correct 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 the products. Such bulk orders can cost several or even tens of thousands of dollars, so that it pays to know a niche product market well.
The next thing is much simpler: sellers sign up with Fulfillment by Amazon (FBA) and ship each of their product there. When this occurs, Amazon stores the inventory for anyone 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 just as much as a second hand car abound in several of Matt Clark’s interviews with internet magazines such as Under30CEO, in which the very title from 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 out as an affiliate marketer selling other entrepreneurs’ products and having a 40-50% profit margin, it didn’t can compare to him selling their own product and building a 400-500% profit margin (!).
If founder of amazing selling machine was simply another online drop-shipping class, it could probably cost not more than two or three hundred bucks. However, as Matt Clark noted above, an organization is a lot more worthwhile if it generates high profits.
How are high profit margins generated? By convincing customers the product has very high value and is in limited supply. Thus, the ASM training doesn’t just include 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 all through the year, you’ll realize that the course may also be unavailable. It is because the courses exists for any limited time only, and after that the enrollment link expires. However, at some given part of time- say the following month- that link will reactivate and the other very limited time offer will likely be posted.
ASM also offers dedicated marketing managers who send out emails advertising this 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 or higher to 4 x $149.50 = $598.20 per each installment purchase.
Some affiliates have even reported being promised approximately 50% commission on the 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 taken off as soon as it provides. One only need carry out a quick explore Google to discover reams of affiliate internet marketing websites touting the benefits of this system.
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 definately will update this post once I learn more.
ASM does include a thirty days, no questions asked, full refund guarantee. If you aren’t pleased with this system inside your first month, they will instantly refund you all of your money.
However, I noticed they have been doing something I’ve never seen before. They are going past the thirty days refund guarantee and offering a 6-month buy back promise.
Therefore that, if you buy this system and get inventory, market it, and never earn money following their methods, ASM will refund you the full expense of this system and they will reimburse you for just about any money you used on inventory, up to $ten thousand.
I actually have never seen a warranty that can compare with that one as Matt and Jason would like you to give the system a shot totally risk-free. I don’t say this often, but it really does appear that you have nothing to lose by providing click here a go. If in the end it doesn’t exercise after 6 months, you’re out merely the time invested.
The Manage by Stats Toolset: twelve months of free usage of email automation to send out customized emails to your Amazon customers
The Brand Launchpage: 6 months of free usage of ASM’s in-house wgyqco to help bring in immediate sales and continued earnings
The ASM Business Dashboard: Instant and easy use of all you need to run your business.
The Best Product & Market And Keyword Research Toolset: 3 months free access to the very best product finder to tell you exactly what you should promote to grow your small business even faster.
But let’s say you’re seeking to buy bigger plenty of wholesale items and genuinely wish to see what’s available through offshore countries like China. Skip McGrath offers an in-depth 350-page printed training manual called The Complete Amazon Marketing System for $127. He also throws in a number of free bonuses just like a 30-minute coaching call and lifetime membership to his wholesale sourcing website.