Day 179 My 7 Figure Cycle Journey

Friday July 13, 2018

Still trying to find my first supplier. Just have to keep plugging away.

Here are some more quotes from Seller Talk that might be useful to me.


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Chances are high. I got 4 months of pro seller subscription fees back just by asking in a support email. I said:

"Hi. I signed up for a professional seller account in [month] 2018. I've only recently added inventory to FBA in [month] which means 3 or 4 months without any account activity. Is it possible to get reimbursed the subscription fees for those "empty" months?"

Finding the form to submit is a little tricky. In Seller Central click 'Help' in the upper-right to open up the slide-over help box. At the very bottom of the help box is a navigation bar where you'll click 'Contact Us'. When the new page loads, select 'Selling on Amazon'. 

Now, here's where they try to confuse you by opening up the help box again with no immediate way to close it. Clicking any link in the help box should make the 'X' in the upper-right appear to allow you to close the help box. 

You should now be on the Contact Us page without a help box. Select... Your account :: Other account issues. Select the Email tab, fill in the form, and they should get back to you shortly with an account credit appearing soon thereafter.

UPDATE: This worked for me and my checking account was credited for all past charges!

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At this point I have 5 suppliers with usable price lists - I have not called anyone on the phone, I have not 'cold emailed' anyone - all of them had a link on their website for companies interested in becoming a distributor or reseller. Sometimes you can do it all online, sometimes you have to print and fill out forms, then scan before emailing it back. Some have approved me with nothing more than that, while other emailed me with questions and/or requests - that I complied with - and then I was approved. Look for those sites that are asking you to sign up with them! Good luck!

How many suppliers have you contacted to get 5 lists?

I haven't kept very good lists of that. I think it's about 30-40; some didn't reply, some gave a reason for not accepting me, some didn't have a good list... at this point I have 5.

I got fed up filling out complicated online forms only to find out that the supplier does not have a spreadsheet or any usable file. I've now reduced my initial email to the following or similar:

We'd love to sell your products. Can you supply us with a spreadsheet containing UPC codes, SKUs and prices? We will need this to feed into our purchase order system.

I add my website address so they can check me out. The website states explicitly that I am an online retailer. This seems to work well. They either send me a spreadsheet or ask me to sign up with my reseller certificate etc. or if they don't have what I want they don't reply. Saves a lot of backward and forwards with emails.

My comment. This might be useful to try out.

More to come

Day 165 My 7 Figure Cycle Journey

Friday June 29th, 2018

Watched training webinar 15 on self prep. Guy did a good job explaining the process and what needs to happen on my end. Bottom line am not going to do self-prep. Would just add to the confusion and hassle. People have been complaining about the expense and slowness of Your Warehouse (YW). In Seller Talk some members have brought forth what seem to be good options but for the time being if I do manage to find a product I'm just going to ship it to the warehouse in North Carolina. 

Mentioned in the presentation that there is a less than 24 hour turn around on all non Buyers Club  orders and 24 -48 hour turnaround on Buyers Club orders. That is a huge improvement over the past experience and something they promised to fix which it looks like they did. They said there are still some problem orders that they have to sort through and are working on them. I believe that there were 2 parts to the problem with the warehouse. First I think they were just overwhelmed with the sheer volume they received and were not prepared.  Secondly and I think a much bigger issue were that members did not follow the explicit instructions that were given. They made it very clear that members needed to have products listed in inventory in their Amazon Seller Account before they sent the actual product to the warehouse. I believe they mentioned at one point they had over 400 such problem orders which were creating a huge headache.

At one point in the presentation a member ask if Amazon reimbursed for lost products and the moderator said yes and mentioned that at one time before they realized what was going on they had gone back 180 days and discovered that Amazon owed them $180,000 for lost or damaged items. At that time you had to request that Amazon reimburse you. They were able to recover 90% of the money. These guys must do huge volume.

Another point I found interesting was he talked about the life cycle of a product and that most people get in at the tail end of the life cycle. Mentioned that a possible way to tell if a product is at the beginning of its life cycle is if it is selling only a small amount (10 units a month) and has only 1 or 2  suppliers. 


Here is the problem with saturation

The answer to this is to use the 1st video second day of the Underground Success Summit addresses this problem although I have not been able to get it to work for me. But I am not giving up.
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Something that troubles me is this email I received regarding an upcoming webinar. I am going to withhold judgment until I actually see more but it looks like they are promoting another business module.  I have seen this happen with other programs ASM 8 was horrible about this still are. Probably 98% of us that are still working the 7 Figure Cycle model and do not need to be introduced to another business model but I will with hold judgement until I see more.

[7 Figure Cycle] Your way forward... (Tuesday workshop) Thu, Jun 28, 11:28 AM

Next Tuesday 3rd July at 7pm ET, we are going to be holding a new workshop.

During the workshop we are going to run through the 7-Step "FrameWork" we've used to launch a series of best selling products that generate $150,000+ in sales every 30 days.

You'll also get an inside look at the secret "analysis & automation" weapon we've developed that does most of the work for us.


This is slightly different to the Wholesale model, however, it does involve Amazon and is very relevant to what you are doing right now. 

In fact, it is something you really should know about as it will allow you to move forward and complete the "Trinity" of eCommerce (we'll explain what that means on the call). 

This is a little different - and actually just one of MANY updates we'll share with you on the call.

Again, it is taking place at 7pm ET next Tuesday. Get registered as soon as you can.

Thanks,

Steve and Aidan

This came today: June 29th

[7 Figure Cycle] Check out this Amazon "Sales Spike" screenshot 1:02 PM (4 hours ago)


Just a really quick email to make sure you were able to register for the workshop that we are holding next Tuesday?

If you haven't done so yet, you can register right here.

During the workshop, we are going to run through the 7-Step "FrameWork" we used to launch a series of best-selling products on Amazon which currently generate $150,000+ in sales every 30 days.

There is one really important reason why you need to join us live.

We are fast approaching the "BIG THREE" -- The three biggest sales month's of the year.
Take a look at the sales spike in the screenshot below.

This is what happened last year in one of our accounts (and the same will happen this year too).

That is why it is so critical that you join us live, next Tuesday at 7pm ET, as there is still time for you to get set up and running in order to take advantage of this period of the year when things go crazy.

We'll give you further details during the workshop.

Spaces are limited.

Thanks,

Steve and Aidan

Another Email July 1st

Just a quick reminder that there are just over 48 hours to go until our exclusive workshop begins.

During the workshop we are going to show you how we launched a string of best-selling physical products which collectively generate over $150K each month.

It's going to take place at 7pm ET this Tuesday

Here are 3 reasons you'll want to join us...

1. We'll reveal how to take your wholesale business to the next level by implementing the powerful 7-Step framework that we're going to talk about on the call.

2. You can plug this framework directly into your current 7FC business to dramatically increase your revenue. (If you have been following the 7-Figure Cycle training, the good news is that you are already half way to the finish line.)

3. If you are a 7FC member who has not started (or who has started, but needs to progress faster), the information on the call will be VERY Important for you.  

See you on Tuesday!

Thanks,

Steve and Aidan

Received July 2nd

Tomorrow evening (Tuesday) at 7pm ET we are going to be running a very special workshop.

I know we've notified you about this a number of times over the past few days. However, we sincerely believe that this is probably one of the most important workshops we've run in the past few years. 

It's going to be a little different and it's going to be a BIG presentation --- You'll have to set aside AT LEAST 90 minutes (but trust me it's going to be worth it).

We're going to be covering A LOT.

However, one of the most eye-opening parts will be the explanation into how we generated $50,467 in physical product sales in 15 days with almost NO work... (apart from the initial set up)

Crucially, this revenue was generated from "only" 1,183 units sold.

It would take MOST people AT LEAST 5000 units sold to generate this kind of revenue -- but we do things a little differently.

The set up, the method, and the framework will be revealed on the call - and you will be free to copy it.

However, take this a fair warning...

There are only a small number of seats remaining for the live call, so you need to make sure you get your seat secured as soon as possible, and turn up AT LEAST 15 minutes early tomorrow.

We really hope to see you there.

Thanks,

Steve and Aidan

More to come


    

Day 163 My 7 Figure Cycle Journey

Wednesday June 27th, 2018

Have spent the last week going through dozens of companies and hundreds of products trying to find one I can sell on Amazon. What I am finding is that many of the products don't have a single review, some are being sold by Amazon and almost all of them have say "listing limitations apply".

I don't understand  "collectible condition" and have not been able to find a satisfactory answer online. If If I click on the "sell yours" button it will let me list the product but I am hesitant to do so for fear of losing my account.

Training webinar #15 is available but I haven't watched it yet. It deals with having items shipped to you and you prep them versus using the Your Warehouse building which seems to be having a lot of problems. 

Seller Talk is becoming a valuable source of information about what is going on.

I have been thinking about contacting support and asking for my second free product but not sure if that is a good idea. I'm 163 days into this and have still not seen my company name with a listing up on Amazon. 

Here is an updated listing of the amount I have spent and what I have made. I received by Reseller certificate I think. I will need that to order from wholesalers. It seems confusing to me at the moment.

Have watched the video again and again and again where he talks about digging deeper to find suppliers and looking where very few others are looking. This is not a direct quote be he said somewhere along the lines that "if I do this correctly I should not run into another 7 Figure Cycle Member".  It would be interesting to know how many people signed up for this course. 

He mentioned in the video that doing the "deep dive" as he likes to refer to it is the way for us to make "$50 to $100 profit per day" while we work on the big suppliers. He said it in such a matter of fact way you can't help but believe him.

I put $250 in my Buyers Club account but it only shows me having a balance of $166.96 and I believe all of my orders have been cancelled so I'm not sure what it up with that. I can see where they have now raised the limit to $750.

More to come

Day 150 My 7 Figure Cycle Journey

Thursday June 14th 2018

Finished up my project. Hopefully it was the big one for the summer. What I thought would take at most 8 days took 17.  Sitting here thinking about the project and the setbacks I encountered try to figure out how to improve the outcome. Learn to anticipate the various outcomes that are possible and how to react to them and avoid the ones that are negative in the first place. 

Hopefully I am back on track. This gives me hope.   Go over the session 2 of second day and learn by heart and implement!

Have found one product that looks promising.  Confused on what the warehouse actually does. Feel like having the product sent directly to my home and then ship to Amazon even if I take a loss on the product. 

All my orders from Buyers Club have been refunded. Don't believe I was even informed about the last refunds. Updates to Profit Hunter suppose to go out I believe every Wednesday and Friday. Here is the last one.  Today's date June 14th.

Yesterday received the following email:

"A few days ago we (Steve, Aidan, Todd, Chris) got together in NYC (photo attached) to brainstorm a path 

forward for 7 Figure Cycle, to discuss things we can do to:

 - Help streamline your businesses

 - To optimize efficiencies

 - To improve Profit Hunter

 - To improve Seller Talk

 - To improve the Buyers Club

 - To improve the Warehouse

 - To provide better training

We came up with a darn big list of ideas, that's GOOD NEWS for you :)

We'll talk more about it all soon, right now though, just know that we're in your corner, working to improve and build on the 7FC training program every single day.

We've got a LOT of cool stuff in the pipeline, so stay tuned!"

We shall see

More to come

My 7 Figure Cycle Journey Sellertalk.com

June 14, 2018

Seller Talk

Key takeaway on this is "2 hours a week or less"

Success Pictures 7 Figure Cycle

Small success's but still success

Day 130 My 7 Figure Cycle Journey Underground Success Summit

Friday May 25 2018

This was the big week of the Underground Success Summit. There was about 8 hours of recorded material. I started  watching the first day morning session. Did not finish watching as it was talking about Amazon Private Label & PPC which seemed much more advanced tactics. Switched over to day 2 where the morning session was talking about finding suppliers. This to me seemed to be a very valuable session as he talked about going 5 and 6 levels deep with looking for suppliers. I have watched it a couple of times and have been taking notes but so far have not been able to act on any of it as I have been very busy at work. I knew that was going to be an issue when I signed up for the course but I just told myself try to do a little each day until my current work project is complete and I can devote more time to the training.

Have had more orders cancelled and refunded with the Buyers Club as a result of them being unable to fill them.  On a positive note the turn around times on cancellation have really shortened which allows me to try to order something else. This means nothing however if no orders ever get filled. As stated earlier the Buyers Club is a complete failure up to this point. I wonder if anybody is getting any orders fulfilled.

I made my first money on Amazon. $41.59 to be exact. How did I do this? Not by selling anything.
Amazon actually lost my first order of 4 units from the first "give them a fish" products 7 Figure Cycle provided me with. They paid me what they thought I would have made had I actually sold the products. That will make a great story someday if I can actually make this work.

More to come

Day 106 My 7 Figure Cycle Journey

May 11th 2018

Finished watching session 13 replay. Talked about how to help products that are moving slow sell faster. Also shared some Keppa secrets and talked about  how to use trade shows to our  advantage.

First 20 minutes was discussion by one of the moderators about some of the issues they our having. I guess there was some heated discussion in the Facebook group by members who felt we are not getting the whole story and that things were put together somewhat haphazardly. In the end some people were kicked out of the Facebook group.

I can tell that those behind 7 Figure Cycle seem genuinely upset with some of the problems that are being faced by members.

I'm not sure what is true and what is not true so the best thing I can do for myself is just to know what is going on with my own experience and then move on to what is best for me. A couple of things are not going well on my end. I have not had one buyers club ordered fulfilled for me since I was admitted into the buyers club. One of the topics that was addressed was the amount of time that it takes for members to be notified that an order in the buyers club cannot be filled. in this Buyers Club post the slide provided shows that it should take anywhere from 2-10 days to be informed that our order cannot be fulfilled. My orders have taken as long as 20 days not counting weekends before I was told they could not be filled. One of the things talked about was their desire to reduce this time frame and indeed the last few orders have been shown to be unavailable in 6 days. So they have improved on that account.

There is no question in my mind that the much bigger problem is the inability to get even one order filled. The Buyers Club was talked about a lot in the beginning so for it to not be working as planned is huge. There was no mention that I remember of how they were going to solve this issue just that they were going to work on shortening the time frame in which we were told products would be unavailable. In my opinion that is the much smaller of the two problems they should be tackling.

The second and just as big of an issue is the "give them a fish product". I was suppose to receive 2 of them and it wasn't until the 28th of April that I even received the first one sorta of. I signed up January 26th for this program.  I received a message I guess from Amazon stating they had received 4 units of my first "give them a fish" product. I saw it go live about 20 minutes later and then it disappeared. It's hard to figure out but it looks like my 4 items of the product disappeared or something from my Amazon account. I'm still trying to figure that one out. Haven't heard anything about product 2.

There will be training this week in anticipation of the upcoming Underground Success Summit that is coming up next week. Not sure what it is all about. I will watch it but am planning on being really about getting sidetracked . From what I understand they are not trying to sell anything just maybe explaining some different business models. I need to make sure I remain focused on getting products ordered and sent to Amazon whether through the Buyers Club or suppliers i find on my own.

More to come

May 13th UPDATE:  Shortly after I finished up the above received a email from 7
Figure Cycle.

"After much deliberation and exploration of different avenues, we’ve been forced to shut down the 7FC Facebook group due to illegal marketing activity and illegal data scraping happening within the group which we’ve been unable to control.. we’ll explain more during the Live Success Summit next week.

Before you panic, we’ve got an alternative, which we think will actually be BETTER…

In the next 10 days, we’ll be opening up a NEW community that ALL members will be able to join (yes, regardless of where you’re at in the system, you’ll be able to participate).

The new community will offer:

– Organized content conversations
– Ability to search and find useful discussions
– New ways to post messages (since we won’t be limited by Facebook)
– Ability to ENSURE illegal activity does not happen (this is to everyones benefit)

There will be other positive spin-offs as well, we’re very excited about it!

So again, what we’re doing here is removing Facebook (because we have to) but replacing it with something we think will be FAR more beneficial to everyone who really wants to grow a long term, scaleable, sustainable business.

Now, we KNOW that Facebook is easy for many people, as most people already have a FB account already. However, combatting the criminal actions of a few rats has just proven too difficult for us (and for Facebook). We will encourage you to join and participate in the new community once it’s active.

Finally and this is very important, to ensure that YOUR RIGHTS and YOUR PERSONAL INFORMATION is protected, any spin-off Facebook groups related to 7-Figure Cycle that pop up will face legal action and will be shut down immediately. You MAY NOT under any circumstances create a FB group that uses any part of the ‘7 Figure Cycle’ name.

The ‘powers of be’ at Facebook know exactly what has been happening, and it was actually them who alerted us to the issue in the first place.

We thank you for your understanding, and look forward to announcing the new community very soon."

Also today was finally able to visit with someone from Seller Central about my first :give them a fish" product which had seemed to disappear once it reached Amazon. What the lady told me was that Amazon has lost the 4 units somewhere in their warehouse. She told me someone will contact me after they have done their investigation. 

More to come.