Friday, June 29, 2018

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


    


Wednesday, June 27, 2018

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


Thursday, June 14, 2018

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"







Small success's but still success