Podcast: Play in new window | Download

Subscribe: Android | RSS

About 3 years ago Vladi Gordon started to write a software himself because in his opinion there was little or no software that made a sensible profitability analysis.
With AmzControl he has created a product that shows the profitability in real time. Analyze your key metrics: sales, profits, detailed information on Amazon fees (eg FBA, sales charge), PPC expenses, reimbursement and return costs, expenses for promotional campaigns, fixed costs (eg VA, Prep Center, tax consultants, photos, Amalyze ) by period (eg today, yesterday, this month) and by product or marketplace.

Amzcontrol automatically collects all Amazon fees and expenses. Moreover, it is possible to insert / enter fixed costs and other expenses manually, e.g. Warehouse (Prep Center), Accountants, Virtual Assistant, sample order costs, software tools, etc. Monthly expenses are automatically updated. Issues may be general or product specific (e.g., photo shoot or packaging design). Product-related expenses are taken into account in the profitability calculation of the product.

Time-Stamped Show Notes:

• 0:38 Introduction
• 2:42 Will talks about how he and Vladi Gordon met.
• 4:13 How did Vladi started selling on Amazon?
• 9:14 Vladi shared how Amazon changed his life.
• 11:15 Is this a good time for other Amazon business owners to grow their business in Europe?
• 13:05 “I think the biggest problem (in Europe) is really bureaucracy” – Vladi
• 21:48 What are the advantages in starting an Amazon business in Europe?
• 24:27 Vladi discuss about the products/niches that works well in the Europe.
• 26:16 What’s the difference between orders and transactions?
• 28:36 How to calculate refunds and returns? How about hidden fees?
• 29:09 Vladi talks about his company Amzcontrol.com.
• 33:23 Vladi’s SPECIAL OFFER for FBA Millionaires listeners!

Notable Quote:

“When you’re sitting in the office the whole day and basically just checking what the status of Seller Central is and how many have you sold and then you noticed you just made money without actually working on it.  It’s pretty amazing!  I guess it’s make you want to do it again.”

Resources:

• Amzcontrol | Profitability Dashboard for Amazon Sellers
• | Facebook Page
• | Twitter
•
• SPECIAL OFFER for FBA Millionaires listeners!

Sponsors:

• SkuTask – Amazon Marketplace Ecosystem
• Upfund.io – Smart inventory funding designed to keep you out of debt

Podcast: Play in new window | Download

Subscribe: Android | RSS

Larry Lubarsky is from Brooklyn, New York. He is an Amazon seller. He started his business back in 2014 utilizing Amazon FBA, a wholesale business model, and a lot of hard work. Over the last 3 and a half years he scaled his business from an initial $50,000 investment, into over $10,000,000 in sales. Annually.

In January of 2017 while watching a Gary Vee video, he was inspired to start documenting his journey on Instagram. The purpose was to inspire, help people, and just give them a behind the scenes look at a real 8-figure Amazon business. Now Larry is super excited for this next chapter, starting a Amazon wholesale based YouTube channel.

Time-Stamped Show Notes:

• 0:53 Introduction
• 1:56 Will’s introduction of Larry LAST NAME?
• 3:44 Larry talks about his background
• 6:04 Will asked how much sales Larry had last year
• 6:52 Larry discuss the Wholesale Business Model in Amazon
• 9:07 Is Wholesaling dead?
• 11:35 How do you pick the right Wholesale Product?
• 14:12 How to start/establish a relationship with a Wholesaler?
• 24:46 When you get the product how long does it take to liquidate?
• 31:04 Larry believes that you should avoid selling against Amazon
• 32:44 How do you manage the calculations of profit margins if you have a lot of products?
• 40:48 Is there any software that helped Larry when he was still starting?
• 43:55 Which market is the best for Wholesale?

Notable Quote:

“The main thing when working with the brand or with the distributor is not even so much who the actual distributor is. It’s having the ability to negotiate discounts because without discounts you are going to find it extremely tough to find a good selection of profitable products that you want to carry.”

Resources:

• | Instagram
• | YouTube Channel
• | Twitter

Sponsors:

• SkuTask – Amazon Marketplace Ecosystem
• Upfund.io – Smart inventory funding designed to keep you out of debt

Podcast: Play in new window | Download

Subscribe: Android | RSS

(Founder/CMO) at Empire Flippers and host of Empire Flippers podcast, Justin is the brand ambassador of the company. From content to paid traffic, he keeps the sales staff busy and the lead funnels full. He’s also a digital nomad (i.e. homeless), but spends most of his time in Manila, Bangkok, and Saigon. When not geeking out on sales funnels and marketing automation, he loves fruity drinks by the beach and watches Game of Thrones as a guilty pleasure.

Time-Stamped Show Notes:

5:34 Introduction of Justin Cook of Empire Flippers.
5:44 What do Empire Flippers do?
9:42 How long does it take to sell someone’s Amazon business?
13:49 “More than 80% of the businesses we sell, sell in less than two months” – Justin
14:27 What type of mistakes do sellers make?
15:38 Justin discuss about some of the reasons why people sell their business.
19:36 How much can people make selling their Amazon business?
22:45 Justin talks about what’s the best thing to do when starting a business to sell.
26:13 Justin gives advice on hiring, training or building a remote team.
30:51 Justin also talks about a type of flippers that buys business, add value to it and then sell it.
33:11 For those people who are interested in buying an Amazon business, what do they need to know about financing?

Notable Quote:

When starting a business:
“The first priority is to make money. Everything else is unimportant.” – Justin Cook

Resources:

– Buy, Sell & Invest In Online Businesses
– @EmpireFlippers
Podcast – Empire Flippers Podcast
Amzcontrol – Profitability Analytics Software for Amazon Sellers

Sponsors:

SkuTask – Amazon Marketplace Ecosystem
Upfund.io – Smart inventory funding designed to keep you out of debt

Promo:

Amzcontrol analyzes your amazon data, calculates indicators and presents them in an actionable form. Register using this LINK and get 2 month FREE ACCESS!