A growing number of self-proclaimed experts promise they can teach anyone how to make a passive income selling cheap Chinese goods in the internet’s largest store. Not everyone’s getting rich quick.
by Alana Semuels, The Atlantic, Jan 2, 2019
It was only after they’d sunk $40,000 and nine months of precious nights and weekends that Jordan McDowell and William Bjork realized how hard it is to make a passive income selling things on Amazon.
The couple had hoped to strike it rich—or at least quit their day jobs—buying goods from China and reselling them on the e-commerce site. Instead, they lost their savings. For that, they blame Matt Behdjou and Mike Gazzola.
In late 2016, McDowell and Bjork stumbled across a podcast hosted by Behdjou and Gazzola, normal guys who claimed they were making thousands of dollars working less than two hours a day on Amazon. The pair promised that anyone could do the same—all they needed to do was pay $3,999 for three months of coaching that would teach them everything they needed to know about the business.
They’d learn how to source and ship a product from China, how to list it for an attractive markup on Amazon’s third-party marketplace, how to advertise it to consumers, and how to get them to leave good reviews. Amazon would take care of the logistics of storing and shipping, for a fee, through its Fulfillment by Amazon program. Behdjou and Gazzola even provided class participants with a manufacturing contact in China, and organized paid tours of Chinese merchandise markets.
Read more here…
There is a Facebook group that you might find interesting. It’s called West Sound eCommerce Talk and you can find it here. It’s a closed group, but pretty welcoming.
You might also want to check out Kitsap County E-Commerce Business Strategists. Sounds a bit formal, but it’s a Meetup Group and you can find it here.
If can think of any other eCommerce groups SCORE volunteers and clients should know about, please tall us about them by posting a comment below. Thanks!
Apps are everywhere. From your phone to your tablet to even your desktop computer, businesses of all types are offering easy-to-download applications to make your life easier. (helpful workshop)
If your business runs a little better with technology’s help, you might be tempted to develop an app of your own. Or you might have been approached by a company that claims that having an app for your business will be critical for increasing sales or customer engagement. Continue reading
If you’re starting a new business, you can quickly get caught up in developing the visual aspects of your concepts. Branding and having a web presence are important (and exciting!), and there are thousands of designers out there who have created beautiful products for their clients.
But do you need to spend hundreds or thousands of dollars on a web design made from scratch? If you’re bootstrapping, that kind of investment might be out of the question right away.
If you’re not sure if you should spend money on a web designer or DIY, think about these three situations where doing it yourself could be a great option. Continue reading