Ep.77 Got 5 Products and Not Getting $5,000 in Profit a Month? Simplify and Prosper!

Welcome to the Sprint to Profit Podcast for Amazon Sellers. Today we are talking about the top things you need to change about your business so you can do more with less and turn your cash and time eating monster into the freedom business that you wanted to create in the first place. If you’ve got MORE than 5 products launched on Amazon, have less than 20K Profit per month and $10K clean back in your pocket, then you're probably overcomplicating your business and leaving money and time on the table.

Today we will be covering a multitude of things you should be doing in order to make the most out of your time and energy. With examples from Apple, our own clients, our own businesses, and based on our experiences, we’re sharing some tips so you don’t have to learn things the hard way.

To get some FREE training on what it takes to have a successful business to fuel your lifestyle, head to www.goteamreal.com to download our FREE training today. Also head to www.goteamreal.com/income to download your free INCOME calculator.

Talking Points:

• 00:23 - Hello and Welcome
• 03:50 - Topics we will cover today
• 04:33 - Be clear on your income goals and what it will do for you and your life
• 08:00 - Choose products that meet that income goal
• 12:36 - Launching Variations Is Not New Product Development
• 18:55 - Benchmarks and strategies for Conversion and Then Traffic
• 33:00 - Become an “On Amazon” master marketer, not an “Off Amazon” shiny object chaser
• 36:00 - Spend time and energy on high impact activities for the biggest leverage
• 43:50 - Summary of topics
• 45:57 - Conclusion

Resources/Links:

Money/Time Investment Tool: https://www.goteamreal.com/smartgoal

Our Website: https://www.goteamreal.com/

Real Amazon Seller Facebook Group: https://www.facebook.com/groups/AmazonSellerRoundTable/

Quotes:

02:00 - “It’s not just ‘launch a bunch of products and hope that something sticks.’” - Kirsty

10:30 - “First of all, we always want to be thinking about time and energy. Where am I going to spend my time? And then, where am I going to spend my energy? And then, where am I going to get the cash from?” - Kirsty

04:37 - “Without a goal, you’re not going to have anything to shoot for. You’re going to have no idea what you wanted to accomplish in the first place.” - Isaac

15:12 - “If you just give them that one choice, they’re more likely to just believe you and say, ‘This is the one that I want.’” - Isaac

39:45 - “At the end of the day, it’s not Amazon buying your product, it’s a human being.” - Isaac