Ep 128 Scott Voelker joins Nathan.
Scott Voelker is an Amazon FBA Seller and Podcaster helping others start their own Amazon business.
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3 Key Points:

       Private labeling is more sustainable than retail arbitrage
       Calculate competitors’ daily turnover via their BSR
       Sell like-products in order to build a brand around a market

Episode Notes: 

01:05 – Nathan’s introduction to today’s show
01:34 – Selling private labeling items vs retail arbitrage on Amazon
03:40 – Process of working out the daily turnover of competitors via their Amazon BSR
05:49 – How BSRs work across different categories
06:58 – Gross revenue $307,000, 38% margin
07:32 – Cross-promotion of like-products – building a brand around a market
8:50 – Cashing out of your Amazon business
10:38 – Diversification – 25% of Scott’s income now comes from selling on Amazon, 75% from teaching
12:00 – Podcast launched in Feb 2015, classes didn’t start until after 50 podcast episodes
13:04 – Scott’s introduction to Amazon (downloadable templates)
14:13 – Podcast @ theamazingseller.com
15:15 – The Famous Five

Resources Mentioned:

         Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects.
         theamazingseller.com
         Crush It!

Famous 5

         Favorite Book?— Crush It!
         What CEO do you follow?— Pat Flynn
         What is your favorite online tool?— Google docs
         Do you get 8 hours of sleep? — No
         If you could let your 20-year-old self know one thing, what would it be? – To trust my gut, and that fear is an indicator that you should do something.

 
 
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The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).
Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.
 
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