September 18, 2024; Server Feature Demo & New Member Q&A
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In this engaging video, the speaker hosts a comprehensive discussion tailored for community members looking to maximize their experience with the platform. Starting with a warm welcome, they outline the agenda, focusing on server features such as private restock monitors, free auto checkout, keyword pingers, and seller watch tools. With the aim of empowering everyone to utilize these resources effectively, the speaker ensures participants understand how to take full advantage of the actionable insights provided. As the video progresses, attendees are encouraged to ask questions, prompting a lively Q&A session where various strategies for sourcing, scaling, and engaging with community resources are explored. Whether you’re a seasoned seller or just starting out, the information shared is designed to enhance your reselling experience and encourage collaboration among members. Join the conversation, learn valuable tips, and connect with others in the community who share your passion for reselling!
Video Breakdown: Key Points
Part 1: Introduction and Agenda Overview Timecode: 00:00 - 02:00
Welcome attendees and introduce the purpose of the meeting.
Highlight the availability of the session recording for reference.
Discuss the emphasis on server features and general Q&A.
Overview of agenda including Amazon-specific topics, server functionalities, and quality of life enhancements.
Part 2: Private Restock Monitors Timecode: 02:01 - 20:50
Explanation of public vs. private restock monitors and their operation.
Details about how to interact with the SMT member bot for setting up personal monitoring.
Discussion of commands to manage inventory tracking and restrictions.
Insights on the utility for online arbitrage (OA) sellers and best practices for using monitors efficiently.
Part 3: Auto Checkout (ACO) Services Timecode: 20:51 - 45:30
Explanation of the free and paid ACO services available in the server.
Discussion of risks involved in sharing personal payment information, and the vetting of ACO providers.
Introduction to the pay-after-success fee structure for paid ACO services.
Importance of utilizing ACO to increase chances of successfully securing desired products.
Part 4: Keyword Pinger Utility Timecode: 45:31 - 1:05:15
Description of the keyword pinger tool and how it can be customized.
Demonstration of how to set up keywords to monitor specified channels and receive notifications.
Tips for optimizing keyword selection to avoid unnecessary alerts and focusing on desired products.
Part 5: Seller Watch and Resources Timecode: 1:05:16 - 1:25:10
Overview of the seller watch function for tracking new product listings from sellers.
Explanation of the importance of keeping up with seller actions to identify profitable reselling opportunities.
Information about available guides and resources in the server to support new and seasoned members.
Final thoughts on using the server’s collective knowledge and tools to optimize buying and selling practices.
General Notes: Recurring themes of community engagement, support, and resources for growth and scalability in reselling are emphasized throughout the discussion. A strong focus on the importance of education and self-management in making informed decisions about outsourcing, sourcing strategies, and effective use of available tools.
Detailed Summary:
This video features a comprehensive discussion surrounding various aspects of operating and utilizing a Discord server dedicated to Amazon reselling. Participants engage in a session addressing numerous topics aimed at enhancing the experience for users and maximizing their potential success within the realm of online arbitrage and reselling. Here’s a detailed summary of key points discussed throughout the video:
Introduction to the Session The session opens with a warm welcome to participants, indicating the session will be recorded for future reference. A loose agenda is outlined, primarily focusing on server-related features, their utilization, and an open Q&A session. Participants are encouraged to actively engage by asking questions throughout the discussion.
Private Restock Monitors The private restock monitors are introduced, which function similarly to public restock monitors, pings channels when notable items restock. Detailed steps are provided on how to effectively use these monitors via the SMT Member Bot, including a command list for interaction. Emphasis is placed on the efficiency and speed of these monitors, specifically regarding retailers like Amazon and Best Buy, which often register stock before items are visible to consumers.
Auto Checkout Services (ACO) A detailed explanation of free auto checkout services offered within the server is presented, highlighting the roles of various providers and their offerings. Participants learn about potential risks, such as sharing personal information, with tips on mitigating these risks through secure payment methods. The distinction between free and paid ACO services is explained, alongside a discussion of factors influencing fees charged by providers.
Keyword Pinger Feature The keyword pinger tool is discussed, allowing users to set personal keywords that trigger alerts when detected in the server’s channels. Participants learn how to set up and monitor specific keywords efficiently and how to limit irrelevant pings using negative keywords. Examples of effective keyword settings are highlighted, demonstrating the utility of this feature for tracking specific products or deals.
Seller Watch Functionality Seller Watch, an Amazon-specific feature, is introduced as a tool to monitor chosen sellers for new products. Detailed information on how to set up Seller Watch is shared, emphasizing its ease of use and potential benefits in facilitating efficient sourcing. Discussion covers the importance of product tracking and comparative analysis for more efficient decision-making.
Server Guides and Resources Participants are informed about the guides available in the server, including the guide on hiring and managing virtual assistants (VAs). The importance of leveraging resources to improve personal efficiency in reselling and understanding Amazon’s environment is stressed. Various tools and other guides for specific niches (e.g., sneakers, collectibles, tickets) are mentioned, encouraging exploration.
Community Engagement and Support The chat focuses on fostering a sense of community, encouraging users to collaborate, share experiences, and hold each other accountable. Discussions revolve around the challenges faced by new members and the potential solutions through community support and resources offered in the server. The value of personal interaction and collaborative learning in enhancing user motivation and progress is highlighted.
Q&A Section A general Q&A session commences, addressing inquiries regarding sourcing strategies, management of VAs, and the challenges faced when scaling a reselling business. Discussion includes personal anecdotes shared by participants about their experiences with sourcing and managing prepping logistics. The use of various automation tools and loading times for sourcing methods is discussed to tackle inefficiencies in business processes.
Final Thoughts Participants are encouraged to ask questions and seek clarification on any unresolved topics. The session wraps up with an invitation for ongoing dialogue in the chats, fostering an environment of support and collective growth in the community.
This summary encapsulates a wealth of information exchanged in the session, emphasizing the productive nature of the community and the plethora of resources designed to assist users in their Amazon reselling ventures.
(00:00) started so just bear with me for just a quick second so for everybody that's in here uh welcome I believe we don't have too too many new faces in here at the moment but that's okay uh if you view my screen you just have to under the voice chat uh you'll probably see my name and it says live you just have to hover over that or click on that and you should be able to view my screen uh I have a loose agenda of a few different things I'd like to discuss today they're all server related I just want to go over multiple things
(00:33) that we have in the server some of the features that we have how to utilize them and then we'll open it up to kind of a general server Q&A from there and of course this will be recorded and it will be made available to everybody after the session as well so if you want to reference back to it or if you have to hop in and out of the session that's completely fine so again I kind of just have a loose agenda but I just want to ensure that we cover all these things this is by far the everything that we have in the server but I think these are
(01:06) some key features that we have that set us apart and also that I believe some people are underutilizing so some are going to be Amazon specific some general reselling specific some just quality of life but I want to go through all of them uh Evan had a question here about uh inventory so yeah we'll get into that Evan at the end of the session for the general Q&A there so the first thing that I wanted to mention is the private restock monitors that we have in the server so the private restock monitors they operate almost identically to the public
(01:45) restock monitors that we have and so the public restock monitors that we have you can find under under the restock monitor section and what these guys are doing are monitoring any products that we have deemed have been good deals profitable Etc and then they are pinging these channels when those items restock within seconds okay so our restock monitors I've tested a lot that are out there on the market these are the best ones that I found the quickest and most consistent that I have found and almost always they're pinging within a few seconds if
(02:20) not slightly early I found in the case of specifically Amazon and Best Buy quite often we get pings before they even actually are showing in stock on the website cuz it's picking up the information from like the backend API and pinging us and then as soon as you open the link it'll show out of stock but if you click the add to cart function you can actually check out so our private restock monitors operate on the exact same concept except for they're not public they are entirely private so if you look in our under the
(02:53) general category we have something called a command list so right down here uh this has a full list of all the tools and Bots that are available for everybody to use in the server so if you look under uh restock monitors private this walks you through a little intro on how to use it uh all you really have to know is that all you have to do is either click on and message the smt member bot that was our prior server name that's going to be Chang in your future or you can find the bot in the member list over here so all I have to
(03:30) do to do that is just open up the member list right here scroll down to the bot section find the smt member bot right here right click on that guy and click message and now you can interact privately with this bot okay so this is being provided from a third-party provider uh he's one of our developers in the server he is from Germany so he has no conflict of interest for North American Products so you don't have to worry about him buying your products he's the only one that can see besides yourself what items you're actually
(04:05) monitoring I don't have access to that only he does and he's not an Amazon Seller he's a full-time bot developer uh but yeah you can basically interact one-on-one with the bot add in any restocks that you want for any of the stores that we support which is a couple thousand different stores okay so you can see in the command list and again if anybody has any questions as we go if feel free to either cut in on the mic or send a chat in the message uh but there's a small list of commands here that you can utilize with
(04:38) this bot so you can do the exclamation mark M which is just a indication of a command for the bot and uh with help after that and then that will give you a full list of all the commands that are available to you uh you can do the add command which we'll go over an example here shortly to add your own restock monitor you can remove one you can see all the ones that you have running and then you can see all the monitors that we have available so I'll show you an example here if we come into the bot and we do the command exclamation mark m space
(05:13) monitors we can see a full list of all the restock monitors that are available to you so this list is quite extensive and when you really dig into it it's even more extensive so we have all the Heavy Hitters for Canada like Amazon CA Best Buy CA Toys R R Us um Home Depot Canadian Tire um Lego almost most of the Heavy Hitters for Canada and then we also have Shopify so Shopify for those that are unaware is one of the largest e-commerce Platforms in the world a ton of stores operate their storefronts through Shopify so if a website is a Shopify
(05:56) website no matter what the products are you can uh monitor for restocks and we'll go over a little bit later how you can identify a Shopify site as well it's pretty easy so I'm going to go over just a few brief examples here on how you would operate the bot so again if we come back to the command list you can see that if you want to add a new restock monitor all you have to do is just run the add command with oops with the store name and then the skew so sub websites take a skew while some websites take a entire
(06:33) URL the nice thing is the bot will tell you uh whether you do it wrong or not it seems intimidating at first but once you get the hang of it it's actually pretty easy to use and then before we continue on I also just want to address this little note that we have here it does indicate that every member is limited to 10 total restocks this is just to ensure that we're not having an over usage of resources because the developer has to use like lots of proxies and resources for these restock monitors however that
(07:07) is a soft limit you can go above 10 total yourself it's just if you're sitting there and you add in like 50 or 100 in one day he's probably going to message me like what the hell is this person doing why are they using so many restocks so just avoid going overboard and if you're no longer interested in a product remove it from your list if we have people that are going overboard on the restock monitor it will definitely get locked down in the future so just be mindful of that so if we want to add in a restock
(07:39) we will message the bot and all we have to do is find the product so say I want to monitor this item for restock if it was out of stock you can monitor it right now if you think it's going to go out of stock you can do that as well I know already that this uh website is a Shopify website so what I'm going to do with Shopify is I'm going to grab the entire URL before the question mark if there's ever a question mark just grab the URL before the question mark I'm going to grab this whole guy here copy that come over to the bot uh
(08:13) run the ad command so M add Shopify full link the bot will think for a second and then it'll tell me if it did it successfully or if it failed and it'll typically tell you why it failed so this has been added successfully to my list so now if this item goes out of stock whenever it comes back in stock I will get a direct message from our bot just like our public restock monitors uh indicating that the item has restocked so this is a super helpful feature for OA sellers if you're wanting to monitor items that are consistently
(08:51) out of stock um this will help you secure those products a lot quicker uh there's websites like Indigo for example where you can enter in your email and they say that they'll message you when the item comes back in stock I have gotten pings on here and I have never received an email from Indigo when an item restocked because I was able to buy the stock before they actually sent that email out so these are a lot quicker than the in-house systems in general another big one for that would be iherb as well we support we also
(09:18) support iherb CA as well so that's how to add a Shopify site if you want to add a regular website um most of the big Heavy Hitters like uh Amazon uh Walmart uh hold on what's going on here uh Walmart Amazon Best Buy they take the skew of the product so the skew is just typically like the last little bit of the product here so like with Amazon it's the as in uh with Walmart it's the string of numbers at the end of the link so it's like 68 Etc so you just grab the skew and run the same command so we go M add the store name so in this
(09:57) case it's going to be Amazon CA the skew add it and then it'll tell you if it's been successful and if you're ever curious on what how to like name your store when you run the list command or all the monitors command this is how you would have the stores named for your command so like for Academy you do Academy for Amazon CA you do Amazon ca for Amazon us you just do Amazon so it tells you right here on what store how to input the store and so this guy's been added so now that's on my list so again if it were to go out of stock the next time it
(10:41) comes in stock I would get pinged within a few seconds and then if you want to remove products it's the same kind of concept instead of doing M add we do exclamation mark M uh remove Amazon CA skew then it will remove it from my list and if you want to see what products you are currently monitoring for any storefront all you have to do is exclamation mark M running then the store so we have one for Shopify and it'll give you your entire list right there with the links to go to the products so you can very easily see
(11:22) what products you're monitoring and remove any that you have uh that you don't want to monitor anymore so yeah again this is super good for like Amazon OA Sellers and it's also really good for just general resellers that buy and sell a lot of like really hyped items or items that uh sell out very quickly and have the potential to come back in stock so like for example the Disney dolls that dropped earlier today we can very easily monitor those for restock uh a lot of the hyped items we'll have in our public monitors but
(11:53) you can also do it privately as well if you so choose so anybody have any questions about the private restock monitors at all before we carry on to the next topic if you do don't be shy you can hop on the mic send a message in the chat whatever you like no questions okay then we'll carry on oh yeah go ahead sorry yeah so um as for the private restocks um if how do we tell which one is the skew um whether to use a skew or the URL is there um a a prompt that will outline uh which store would require the skew and which stores
(12:40) would require the URL to set up a private restock monitor I would really like if our list had that like indicator right next to the products but unfortunately it doesn't so when you go to go add a product and if you input the incorrect format the bot will just yell at you and tell you that you did it incorrect so I'll show you for example with Amazon I'll just grab the entire URL and I'll go M add Amazon CA it'll tell me it requires the skew and then if it requires the entire website and you put in the skew it'll
(13:15) tell you that it requires the full website okay so you basically for now at least just have to try and see see what works and if it doesn't work then the bot will tell you what does work and then that's that's how you would learn it yes the vast majority websites takes this take SKS uh there are like of course Shopify you can't do uh SKS because Shopify needs to know the actual website um but there are some random websites here and there that um are General websites that are not Shopify that do take links uh but most of them
(13:47) are the SKS but either way the bot will tell you thanks definitely if anybody else has any other questions for the restock monitors let us be known if not we'll carry on cool so then we'll carry on to the next topic uh so the next thing I wanted to discuss is the free auto checkout uh or AO that we offer in the server so you'll see quite regularly um us uh tagging CU monol or vin asking if he'll offer ACO for certain products and you'll also notice that we have a whole category called Auto checkout so we have two separate
(14:33) sections for auto checkout we have free and we have paid but so what Auto checkout is is these are people who are Bing professionals they have been running Bots uh to automatically check out products for a very long time um multiple different B multiple different bot platforms uh a lot of these guys come from the sneaker world but a lot of them have moved into General reselling as well and they can for a lot of websites run their bots on your behalf and check those items out for you with your information and they're able to purchase
(15:11) items a lot quicker than people can manually of course people can run their own Bots um anybody is able to purchase Bots rent them Etc we have a full kind of breakdown guide for that in our sneaker guide uh but for those that don't want to run Bots think it's too complicated don't want to incur the cost to do so you can utilize the ACO services that we have in the server so for a lot of the drops that are happening a lot of the main drops uh especially ones that are going to be profitable if he can uh Vin Q Montreal
(15:44) will run ACO for almost everything and if he is running automatic checkout or Auto checkout for it it'll be in the free ACO section of the server and what it is is he will provide some information and then he'll provide you a Google form where you just simply go in and input your information he will input that information into his bot and then his bot will attempt to check out those products on your behalf okay so there is a whole section here on how it works and it does indicate here are there any risks so technically there are some
(16:23) risks because you are going to be giving somebody else your information right so your name your your address your credit card information however the risk is fairly minimal because One credit cards are insured against fraud so if anybody ever tries to steal your credit card information you can very simply get your money back it's going to be more of a pain in the ass a nuisance to deal with than anything but you'll be insured uh but two all the people that we have in the server I have vetted quite extensively so I'm very confident
(16:54) that nobody would attempt to steal information obviously I can't guarantee that but it's a possibility that's why I always say use a credit card not like a Visa debit or something that's not insured and then of course as well with somebody running Bots it can be unpredictable on how many units it's actually going to purchase so like if you only want a single unit of an item you can ask the the the ACO provider if they can get a single unit however it's not always guaranteed because a bot can sometimes attempt to do multiple
(17:27) checkouts right so you just have to be worry about that that if an item is releasing you may get more units than you were expecting of course most retailers you can cancel return things Etc not the case with everybody like with every retailer so like if we have like a super expensive art drop that's happening it's going to ship out immediately uh and it's not limited to one per person and like say it's multiple thousands of dollars you want to ensure that you have the money available or you have a um you have the expectation that you
(18:01) might be on the hook for more than one unit and then we also have uh paid ACO so that we just have additional ACO providers in the event that there are any drops that are happening that VIN cannot support or that he will not be available for we also have these other providers in here as well so when they um do any releases they charge a small fee it's typically based on the estimated resar sell or profit amount that you're going to get it's called a pay after success fee or pass and they only charge you if your items are
(18:38) successfully checked out so like for example playing here was offering ACO for the Disney dolls that were released today he was charging a pay after success fee of $30 us so if he was able to check out the units for you successfully then you would just then PayPal him uh $30 per unit that you got most drops are considerably less it just depends on the total retail value and the provider that's providing um the auto check out but yeah like the free auto checkout stuff is super underrated like I don't think enough people utilize this um it
(19:15) doesn't ever guarantee that you're going to get a drop but it greatly increases your chances so if you ever want to attempt to go for something I would highly recommend that you utilize Auto checkout and then also attempt to go for manually if you're trying to get multiple units then you have a much higher chance again it doesn't guarantee it but it increases your chances substantially uh I just want to add something uh for the auto check out all the passs are USD not CAD correct yes because all these providers minus Vin are us-based
(19:57) so Joe said some kind of indication of a successful fail checkout would be nice so we could potentially Implement checkout logs in the server um I'll see if Vin is able to do that or not if it's the case then you'll actually see like the channel come through that you've been successful uh if not then of course you will uh get the emails as well that your order went through and then of course if there's anything any particular drop that's upcoming that you want ACO for you can request it in the ACL request section
(20:31) and then all of our providers will tell you if they're able to offer it or not you may have answered this question already but is that uh pay after success feed does that um charged in a perun basis or charge per checkout it's typically per unit basis there are some items that typically have lower resell value that they'll do it per checkout so like I've seen in the past some like the Stanley drops that are happening they may have a lower resale value profit potential and you're limited to two per person so then
(21:06) they'll charge you like a five or $10 fee per total checkout most of them are per unit though okay thanks definitely but yeah again the free stuff is super underrated because again you can utilize these Services completely for free increase your chances uh and not even have to be at your computer to attempt to get the units if you really want them um I use a good example of a couple months ago Mattel had a really large restock of some of their very profitable good items from the prior year so that included like your Monster
(21:44) High Jack Skellington and Sally doll combos uh the Hot Wheels RLC Mainline sets uh they had um a bunch of other dolls that were restocking Etc so I did was just give in the list of the things I was interested in in he said okay I'll run these for you I gave him I think 12 different profiles for myself and then I went to bed and I woke up and he had got a bunch of them for me and I didn't have to do nothing and then like the prior Monster High Adams Family drop that happened a few months ago I'm pretty sure he got me
(22:17) like 26 units total and I would have never been able to get those manually so any questions about ACO at all before we continue on here Jan I have a question yeah what's up where do you resell these Amazon it depends on the item so if it's like sneakers obviously you're going to be selling those on like eBay or stockx um most of the information is going to have some type of guide attached to it right so like for example um with the Nightmare Before Christmas tumblers that dropped last week uh if you look at our
(23:06) archive we have information on expected retail resale Etc and so things like this we're expecting to resell them on eBay so you have your listings on here we're expecting to sell them on eBay there are certainly some some limited drops that are happening that we can resell in places like Amazon uh but a lot of them are focused for like eBay stockx Etc so majority would be stockx and eBay resale opportunities right yeah unless like again some of these are going to be viable on Amazon but a lot of these products are not going to have any
(23:44) history on Amazon right now when they drop so like for example if you look at the Jack Skellington dolls um I had posted I had some extras that I just wanted to get rid of really quickly I posted them in our Marketplace uh when they first dropped that listing didn't exist on Amazon at all but right now on amazon.
(24:08) com they are currently a payout of about $245 us and the cost for these dolls I think were $120 $130 Canadian so like for things like this you can kind of estimate that they will be viable on Amazon but you just don't know for sure thanks um I don't say in eBay but when when there is mentioning that there is expected resell uh price like uh if you can go back to that free ACO as an example retail price was let's say 100 resale price uh 350 or whatever let's say if I if someone sells it on eBay does that account for eBay fees so when we're posting information
(24:55) like this we're going to have a couple different things that we're seeing so like this main section that you see here it comes from one of our lead providers that we have and they're going to be providing us information for the US market and then down here we always re-evaluate it for Canada and provide additional contexts for things like expected profits so for this one the retail price could have been upwards of $70 but it ended up being I think for like 35 or 40 so then we're expecting to sell it for this much and that means
(25:29) after fees we're expecting to profit about this much so if it says if it says that's what you're expecting to profit that's based on the analysis that we have right now of course that's never guaranteed markets can fluctuate yeah but we're doing everything that we can to get a realistic value on what they would look like thanks makes sense definitely any other questions for ACO at all before carry on uh I had a quick question about restocks like will they just hit the initial launch or will they keep it for like I don't know a couple hours
(26:11) afterwards for for ACO or for our restock mod for certain acos like I know I don't know Supreme sometimes will kind of restock intermittently on certain things or I guess it's really dependent on the item yeah a lot of it's going to be dependent on the item and also the provider so if you want them to run continuous restocks after the initial drop all you have to do is ask most of them will do it um a lot of them will do it by default for a lot of hype drops so like example like the Disney drop that was happening today uh a lot of them
(26:44) will do it by default because they know that people are going to not be able to check out properly get their orders canceled payments are going to not go through so they'll typically do it for a couple hours anyway uh but most of them you can just you can just ask and some of them will will monitor websites for you 247 as well and they'll also get on Q bypass as well which is great today by the way yes 100% we try and do everything that we can to be able to have success for these products any other questions about Auto
(27:22) checkout at all before we can uh carry on hey Jordan do you can you use the virtual credit cards for auto check out or does it just depend on the retailer it's all depend on the retailer um most of them you can but again keep in mind if you are utilizing a virtual credit card chances are it's not insured because it kind of Acts more like a Visa debit uh you have the actual money in there so if money is fleeced off of you due to fraud you'll probably be on the hook on the hook for that granted it'll probably be a lower amount but chances
(27:57) are you're not going to be insured with that uh you have check with your individual provider but I would imagine most cases you probably wouldn't be yeah the only one I have right now is with coo and I don't think they have any such Insurance yeah that's why I would always opt to use a credit card instead um I know with some people like you might only have one card and you might be saying to yourself well if this gets compromised I'm going to be screwed and I can't make my OA purchases whatever I'm doing um it sucks but you just kind
(28:24) of have to either work with it or just try to get an additional card that you justest use for like the auto checkout stuff okay thanks yeah for sure okay cool so then the next thing I wanted to discuss is our keyword Pinger so again this is a feature I believe is vastly underutilized in the server um but basically what it is is you can set your own personal keywords to monitor almost any channel in the server and when it detects that keyword it'll ping you within a second of that keyword being detected and it'll send
(29:04) you a DM directly of that message as well so an example that we had a little bit earlier today was a Lego Set uh it was this guy here so this one I got pinged from our bot that this was on sale in our deals Channel and then within you know a few a few seconds after I seen it I was able to bring it to everybody's attention and like this was was a um yeah MSRP of $65 and Amazon was sell it for $19 and a lot of these things you're not going to find if you're trying to look through these Channel channels manually
(29:39) we have way too many channels in here we have thousands of mess messages coming through every single day from Bots it's too hard to monitor manually that's why keywords come into play and are so helpful so uh for this one I'm just going to show you for an example of what happened uh where was that conversation here so it found it here so in our Amazon mid deals Channel it found the Lego drop at 1211 it pinged me it pinged Jaden it pinged one of our staff members and it also sent me a DM of this exact message and then I was able to notify
(30:16) people okay and it's a very simple system uh and again everybody has access to it everybody can use it everybody can set any keyword that you want and if you want to see the commands all you have to do is come into the command list and look under keyword Pinger and it tells you exactly how to use it so the command is uh sluser keyword and then it lets you set up a keyword and then user keyword delete you can delete it user keyword list displays your current list of products so I'm going to show you for an example if we
(30:51) come into the bot command's Channel we can start typing in user keyword user and we see the one come up with the Arcane symbol all you have to do is click on user keyword and then it asks you what keyword you want to monitor for uh with keywords you have to be kind of careful because they are very specific so like for example um what would be a good example if if like say you're if you're monitoring something like say Apple for example it's not going to just ping you for Apple branded products it's going to ping you for anything that has Apple in
(31:29) that text so you have like an apple scented candle that goes on sale in the channel That You're monitoring you're going to get pinged for that as well um if you get too specific with your keywords you might also miss some stuff so you kind have to play around with it uh you can also set negative keywords as well uh but you kind of have to play around with it for whatever works for the best the best mix for you compared to like how much junk you want to look at versus how much good products are coming through so for example if I want
(31:56) to set a keyword for Apple and I want to set it for one of our Amazon Deal channels I can start typing in the channel Amazon deals and I want to do Amazon Deal CA I do that I can then set negative keywords if I want so it'll minus paint it'll minus um candle or whatever you want for negative keywords and then it will not send you uh that ping if it has those keywords and then you hit enter and then it adds it to your list so in this case I already have it on my list so I don't need to add it again and then whenever the keyword apple is
(32:34) detected it'll then ping me and send me a message so whether it's from the bot or whether it's from a person typing it out in the channel it'll then ping you and send you a message so I type Apple pings me sends me a message immediately because this was a person message it looks like this but if it was a bot message it looks like this just like the message that comes through on the actual channel so again these are very powerful to use if you want to spend the time to set them up of course it's not required but they can be very effective to catch
(33:12) limited deals specific keyword deals um information about upcoming drops because we have a whole extens of news and feed channels that monitor hundreds of different websites Reddit Instagram Etc and so whenever information comes through there if you want to get pinged about a certain keyword you can and then you can look into it any questions about keywords at all can you put in a phrase or just one word you can put in a phrase but then it has to detect that specific phrase so like say uh if you want the phrase
(33:53) Jordan is cool it'll need to detect that entire text Al together for it to ping you it won't ping you on every separate word but like you can put in however things will show up so you can put in like an Asin if the as normally shows up in the ping you can put the website so if you want to get pinged for everything that comes through here for amazon.
(34:15) ca you can put on amazon.ca you'll get ping for everything I wouldn't recommend that you do that but you can uh you can put in things like uh percentages so if you want to get pinged for only things that are like 80% plus you can put in a keyword for 80% 81% 82% Etc and then you'll get pinged for all those discounts again you're going to have a lot of junk that comes through if you do that uh but you can do that if you want and flipper asks if you can put in multi- negative keywords yes you certainly can you can basically
(34:51) customize it to your own liking however you want but again like if you get too specific you might miss some things um so you just have to be very mindful of on how what keywords you're using what negative keywords just to get a healthy mix of good products and not junk products or junk pings so any questions about any of that at all and again I can tell you from experience like this is probably one of my personally most used features in the server because like I'm trying to actively find a bunch of stuff to give
(35:37) value to other people in the server so I use it a ton and it saves me a ton of time and a ton of headache otherwise I'd be looking through trying to look through skim through thousands of different things every single day so yeah you can set this up for deal monitors a2a monitors feeds uh basically any channel that you want if you if you want to get pinged every time we post something in the in the flips Channel you can set something like for my name and then you'll get dm'd every single time I post something or
(36:10) every every single time eBay is mentioned you'll get a direct message for that as well so you can kind of get kind of get fancy with how you how you utilize it looks like Nick is typing something in the chat here so we'll just wait here for a moment so what would you recommend as adding as keywords to get started if you're new to the flipping space really good question um it's kind of broad though because it's all dependent on what your focus is um and the kind of things you're interested in so like if you want I can show you my keyword list
(36:51) um so I can go user keyword list and you can see my personal keywords and if you want I can DM this to you and you can see all the keywords that I have um so like say if you're an Amazon Seller I would highly recommend that you set up a keyword for Lego for the Amazon deals Channel and the a2a monitors if you're a really big deal hunter you probably want to monitor all set discount percentages off of our deal monitors or um another really good one would be like things like catching errors from Red Flag deals that would be a very ideal keyword
(37:31) as well and again for those that are new in the server uh we have Red Flag deals populate directly in the server just like the forums uh I've worked very hard to ensure it's extremely quick so our delay is only a couple seconds typically and we can also get pinged for keywords here as well and I find that the keyword pings come through quicker versus you trying to get emailed from Red Flag deals so yeah Nick if you want uh just message me after the session and I can DM you this list I wouldn't say you have to
(38:06) monitor everything here but these are just things that I'm personally interested in like one thing that we find a ton of stuff in is looking at autograft and sign stuff in certain channels so our Indigo scraper is really good to find sign books um we have like a vinyl feed Channel where it's monitoring multiple sources like Reddit and Twitter for new vinyl releases that are happening and so we monitor things like signed or special edition or limited we find a lot of good stuff in here um looking at the miscellaneous feed
(38:39) channel uh I think it's under miscellaneous we were monitoring things like the steelbooks uh subreddit uh steelbooks like specifically like DVD steelbooks those have a major collectible community and so if you want to monitor for steelbooks you can when a new steelbook is released um all kinds of stuff you can monitor the video game feeds for things like new release or exclusive or whatever we have a ton of different um ton of different feeds coming through all these channels to monitor a ton of different good
(39:12) sources for information uh X you said you just join late what did I what did I miss uh We've specifically discussed private restock monitors and our free auto checkout so far uh this is being recorded though so if you missed any of that you can certainly reference it back on the recording right now we're talking about the keyword Pinger uh but Nick says majority of this ends up on eBay except for the a2a stuff it all depends on what you're looking for so like the Lego feeds you can find like a lot of really good Lego sets if
(39:49) you look in Brick Hound this guy tracks every single product on Lego Lego Canada uh and pings this channel when they restock when they go out of stock and when items are on sale so if you're a big Lego seller you can get pinged either for everything or for just things that go on sale or for a certain set number and as soon as they come back in stock you can grab that and sell it on Amazon so it's not always eBay specific a lot of it can be eBay a lot of it can be Amazon a lot of it can be local stuff basically however you want to
(40:25) utilize it you can like for Brick Hound I have a keyword set for percent so that I get pinged every single time this channel is pinged with something that's on sale because Lego's super viable to flip especially on Amazon so anybody else have any questions about the keyword Pinger before we carry on here going one going twice cool we'll carry on uh the next guy I want to talk about is seller watch so seller watch is Amazon specific uh I'm going to I'll pull up the intro channel here and then I'll move my screen to pull up my thread
(41:18) so we don't expose anything pertinent uh but this is our own in-house bot of course that we've had for quite a while that monitors any Amazon storefront that you want for new products so whatever whenever the seller adds new products with their storefront you will be pinged and I'll show you an example of a ping right away of all that product details so you can very easily any sellers that you regularly storefront stock you can very easily keep tabs on them for whenever they stock new products right and so the
(41:54) reason why this is helpful is because you can go through and you can storefront stock a seller storefront once if they're good for you you can add them into seller watch and then you basically never have to look through them manually again which is a big thing that takes a lot of time right so if you find a viable storefront all you have to do is add them in it'll monitor for you and then every single day you can come in you can see their new products reverse search them to see if they are available somewhere else and then if
(42:21) they are viable buy them and add those guys to your Amazon catalog so you can monitor a lot of storefronts it is connected with your own personal Kea API key so it explains it up here there is quite a extensive walkthr you don't have to get that complicated I will break it down for you relatively easy but when you get started it will ask you to input your keep API key again this is your own private thread for full disclosure I can see the thread I'm the only one but I only look at it if you want me to I don't monitor anybody
(42:59) else's stuff I don't have the time so I only ever look at the thread if you have an issue and you actually want me to look at it I will ask you if I can look at it um your keep API key though I wouldn't really say is like super you have to be like super secure about it because you can generate a new one easily and even if you utilize all your tokens you're not going to be charge more for it but you just basically input your keep API key and then it connects your own account and if you have a standard keepa subscription
(43:31) you can comfortably monitor about 14 to about 20 different storefronts at a time without consistently running out of tokens running out of tokens isn't a huge deal because if you do run out of tokens it'll just um complete that scan for that seller on the next scan interval um but if you're consistently running out tokens it'll just take you a long time to get through reseller list that's all so let me move my screen here I will find a thread that I don't have anything too pertinent disclosed okay so this is one of my
(44:13) threads here so um when you get pings it looks exactly like this so you get the link to the product the picture of the product product name as uh search links to for your your quick search what the current buy box price is what your expected payout is after Amazon fees not including any of your own personal fees that you would typically account for like prep send to FBA Etc the current sales rank how many offers are on the listing the actual current keeper graph for the last three months and then it also tells you what domain the seller is
(44:53) for so this particular one is for ca for Canada so then you can very easily scroll through here very easily like I would scroll through here I would look for the ones if they have shitty looking keep graphs like this I wouldn't even bother looking at it because I know that these don't sell find the ones that look like they're viable do a quick Google search see if you find it cheaper for that price and then you know that you found a potentially good product that you can dig a little bit deeper into so I have personally replaced at
(45:23) least one virtual assistant utilizing this bot I have personally eight keepa accounts so these are my eight threads that I have here so I think right now we're monit between all eight of my accounts like 150 sellers total and me and rvas utilize it every single day and it's a very viable way to Source Products very efficiently if you have a solid list of sellers if you're putting crap sellers in here that don't produce good results then of course you're not going to have really good success with it but yeah the basic command list that you
(46:03) can find is right in here so if you want to get started with it all you have to do is run the setup command in the seller watch channel just like this it'll then open up your private thread and add you to it and ask you for your keepa API key which you can find right here you input that key and then you can then start using the commands so you can use the add command you just type in add uh the little up Arrow add hit enter and it will then do a prompt base function to add that seller for you so you do this first enter It'll ask you your
(46:39) seller ID input it enter It'll ask you the domain enter and then it'll finish the process for you any questions about seller watch at all one thing I did want to address that I don't think uh most people would probably pay attention to is every now and again you may get a uh ping on your seller watch thread indicating that the seller returned an empty storefront and that you should consider updating it so we do have like the update command but it hasn't worked for a long time so like it says here you've attempted to
(47:29) update the seller it hasn't worked what can I do all you have to do is just click on this link right here enter in the seller ID into keepa and then it will refresh that seller for you it's basically refreshing it in keep's backend and Rec cataloging their products for you it'll then begin to work from there on out running the update Command right now it doesn't work and we can't figure out why we're not sure if it's an issue with keepa API or not not but in the meantime you can do it this way if you need to refresh a
(48:07) seller any questions about s watch at all before we continue on for anybody that's an Amazon Seller if you do any type of Arbitrage any type of storefront stocking I highly recommend that you look into utilizing that tool it's a very effective Tool uh I know because we use we use it very heavily ourselves cool then we'll continue on here so the next thing I want to go over is the guides and resources that we have in the server so in case you're not familiar under the support category we have a section called guides and
(48:49) resources so whenever we add something to our resources it'll be posted in here but you can also click into our gitbook and it's all cat it's all cataloged in here as well so everything from our prior um our intro to all the live calls that we've had to all the guides and informations that we have our resources Etc so this is only growing every single like not every day but every single month that's growing and if you ever want to reference any of the good information that we have in here you can come in here you can poke around so all
(49:21) the calls are in here like for Amazon specific calls eBay tickets Etc like our monthly ticket calls Etc all the guides that we have um so Amazon sneakers General reselling resources Etc so there's a couple things I just wanted to bring to everybody's attention that maybe you should take a peek at if you were unaware of it so obviously all the calls are really good but I know a lot of them are very long and not everybody has three four or five hours to listen through a video but if you do I highly recommend that you do
(49:56) cuz there a lot of good gems in a lot of those videos um the first thing is take a look at our uh VA guide if you are ever in the market to hire a virtual assistant very long very extensive guide uh everything from where to hire them what to pay them how to manage them how to fire them all different kinds of templates Etc almost everything you need to know about hiring and managing vas directly in this guide for you it'll probably answer a ton of your questions I basically lay everything out in there minus exactly how you would train
(50:31) somebody because I'm not going to give up our own personal methods uh some other good stuff is there's a lot of good stuff in here for like uh a lot of basic Amazon stuff uh we have information about how to utilize our a2a bots of course uh we have some collectibl collectible guides so right now we have a funko pop one uh I just onboarded a new lead provider and he provided me a guide for uh liquor and also luxury watches so we'll probably be implementing some of those soon as want to ensure we adjust it for the Canadian
(51:08) Market uh we have our comic book provider we have his entire comic book Bible in here if you're interested in flipping comic books this is like I don't know a couple hundred pages long I think all about comic books 72 no 150 pages long all book comic books so if you're interested in getting to selling comic books you can find everything in there uh we have some good eBay guides in here from everything from we have a entire intro on how to get started selling on eBay so entire walkth through uh how to optimize your listings how to list
(51:39) pre-order products on eBay etc those are all really helpful we have some general reselling guides so there's a lot of stuff that we utilize daytoday in the server that I believe is quite important things like how to jig your address uh how to utilize and how to obtain a catch all email this was previously outdated but I have recently updated it with uh the new new way how to do it uh information here how to identify if a website is a Shopify site like we talked about earlier um how to utilize crossborder services to get things from the US that
(52:17) don't ship directly to Canada uh how to use Virtual virtual credit cards Etc all kinds of really good information here I highly recommend that you look through and um utilize in your day-to-day uh we have a full sneaker reselling guide that I put uh together just recently uh I in conjunction with some of the sneaker heads that we have in the server I utilize a lot of their resources and we put together a very extensive guide on how to get started into selling sneakers from where to buy them where to find them how to get
(52:52) started with Bing all kinds of stuff platforms to sell on basically everything you need to know about sneakers is in there uh we have sports betting guides ticket guides so how to get started with those guys we have some really good resources in here for Amazon so like plan of action templates uh a product database spreadsheet to build your own database of online Arbitrage products uh how to build your own database for other sellers on Amazon um we have inventory trackers in here we have our retailer database in here so this is our
(53:28) Arbitrage retailer database so these are all retailers that we have personally vetted and have found viable OA products from and this list I think is like 1100 retailers long so these are all viable places to buy OA products for to sell on Amazon Canada so if you don't know where to get started with finding OA products for Amazon this is a great place to start because these have all been vetted by us we've found OA products from every single one of these retailers uh good information about important links for Amazon specifically
(54:08) like Amazon fees prep and pack Etc same thing with eBay so important eBay links and articles a inventory and profit tracker for eBay uh a little bit more advanced than what you might see in most places it actually looks nice it calculates your profits properly how additional things you can filter stuff through track your expenses Etc gives you quite a quite a lot to work with uh and then yeah I'm just general resources and general life hacks and stuff like how you can stop paying for Netflix uh how you can utilize um a
(54:47) local monitor for free via a Chrome extension um all kinds of stuff like that so if you haven't looked through our resources I would highly recommend you do because we have a ton of really good information in here any questions about any of the guides and resources at all um not necessarily a question G but I'm curious I know you use truffle figgy I mean you you typically recommend using it for like searches around Lego and all that do you think there's any benefit of creating I know in trff piggy you can share databases with each with with
(55:25) other people will make them public do you think there would be any benefit to use the retailer database to augment that into something where hey if I'm looking for I don't know agal it can easily search up all the retailers from a dental perspective or I think so if you want to spend the time to identify specific type of retailers um specifically ones that are going to be not populating on like the front page of Google so for example if you look in our our retailer database if you see a retailer that you've you've
(56:00) never heard of before and you go to search a product that they that they sell and it doesn't show up on page one of Google yeah it probably be pretty viable to make a a separate thing on truffle piggy for that like we have one for Lego we have one for toys for Funko for beauty Lego exclusive um so if you sell like a lot of Dental products and there's a lot of websites that you want to specifically search that don't show up on the front page of Google then yes that'd be viable I do I do Lego because there's a lot of retailers that will not
(56:33) show up on page one and some that will not show up on Google at all so this just an easy way for us to oneclick search whatever we highlight but yeah I think that it certainly could be viable especially with those specific nuances thanks for sure any other questions about guides and resources at all okie dokie we'll continue on uh the next thing I just wanted to briefly touch on is our utility server so if you haven't joined it yet I would highly recommend that you do all you have to do is come into the getting
(57:18) started section come to the utility server uh Channel click on this guy this will give you access when you first join you won't see anything so when you do join just let me know and I will get you access to the utility server but what this is is this just has a bunch of additional uh deals Loops freebies Etc uh we're just running out of a room in our main server we can only have so many channels so that's why we open up a secondary utility server for these types of things and in here you can find like discounts on a lot of food
(57:50) how to Loop things like door Dash Uber Eats for discounts instacart Factor hellofresh ET and then also some uh freebie providers and soon group Buys so I'm just going to briefly touch on what we have in here uh with bank offers we don't have anything yet but we will soon uh different bank offers and how we can take advantage of those as much as we can in Canada to get things like your free $400 offer or your free iPads Etc um for food for most of these if it says main this is the the best method that we currently know that's available
(58:30) so like for example with door Dash this guy shows you how you can get a I think it's 50% off with door Dash right and then previously with like Uber Eats uh we were able to get extremely cheap Uber Eats so able to get $30 off no minimums so you just have to pay your tip and delivery fees so you can get meals for like less than $10 uh this recently has been working sparingly uh depending on how much you you've abused it and what kind of device you have whether Apple or Android so if you've abused it like many of us have uh
(59:08) it may not be working so well for you right now um but Drew AKA who's in the call right now uh he is kind of like the master of this so when he finds new things that are working he lets everybody know and then we have also have our food boxes so like Chef's plate good food Factor uh fresh prep hellofresh so we utilize these and show you how you can Loop free boxes over and over again with these companies so like with hellofresh for example we can either get completely free meals or a box for four $4.99 with Chef plate we can get it
(59:48) entirely for free and you get 12 solid mules from chess plate and many of us have been looping this consistently since we've had these methods available I don't remember the last time I bought groceries and we've been doing this since April so it works consistently uh sometimes you have to finesse it a little bit with your address jigging or finding new codes but if you want to spend a few minutes with it it can consistently work over and over again uh we have some freebies in here so for things that you can do to get
(1:00:25) things for absolutely free so like a free 20 bucks in anthropology you can get a free auto box golf sensors Etc we will have group buy soon there's some information here on how you can get discounts on the Amazon registry you can kind of finesse the Amazon baby and wedding registry to get some pretty decent discounts off those guys and it does work quite well uh although it's not really loopable uh you can get Spotify Premium for free so we have the steps in here on you can get Spotify for free soon we'll have a guide in here on how you can get
(1:01:00) your Amazon seller fee on your Amazon seller account entirely for free so instead of paying $40 a month you can get it for free completely within uh to um and then we have the review freebie section so in here uh there's how it works category so it tells you how it works but we have people that are connected to people who are launching private label brands essentially like Chinese products they want to circumvent Amazon's review system because they want to get ranked on Amazon so they're offering their products to you for free in exchange for
(1:01:40) a positive review so in the how it works uh category it definitely I definitely gave some thoughts in here that's 100% against Amazon's terms of service uh but it's the seller that's taking the risk I personally see very little risk from our end uh because Amazon is very lenient with buyers and it' be very hard for them to track this unless you're abusing it uh but again you don't have to partake if you don't want to uh but basically all you have to do is just buy if you see a product that you want or you can request a product you just
(1:02:14) contact that provider they will send you the link you buy that product and then once you get it you leave a positive five-star review you send them the picture of your order and your review and then they contact the seller and that seller then refunds you the money via Paypal there's no risk in the financial aspect of this because if they don't refund you for some reason which I've never had happen but if they don't you can just send it back to Amazon so it's literally basically no risk I've utilized this quite a bit just to get
(1:02:47) some like really generic stuff so I've gotten um little owls for my deck because I have a pigeon problem on my deck they they never go away so I got like these plastic owls I've gotten uh what else have I gotten recently it must not been that important because I don't remember got some pillows recently uh what was the other thing that I got the same time I got the owls I don't remember what it was but you can get all kinds of stuff right you can look through their products and if you don't see something that you like
(1:03:18) you can just ping them in here and ask them if they have it so I asked if anybody had any pillows uh Thomas the provider said no but then another one of the providers I think it was Margarita messaged me she had pillows so I was able to get some pillows for free so yeah if you want to utilize that you can certainly feel free anybody have any questions about the utility server at all all righty then we'll carry on I also wanted to briefly touch base on some of the additional tools that we have in the server that everybody can
(1:04:05) utilize so we come back into the main server and look at the bot commands or the command list rather again like I mentioned you can see everything available to you here so we have Bots that can show you how to jig your address they uh dmu different examples of how you can jig your address uh you can utilize brick directly to get uh pinged when certain Lego sets restock we have a calculator currency converter eBay viewers and Watchers so you can send viewers and Watchers to your eBay listing fee Checkers uh keepa lookup so for keepa
(1:04:42) Canada if for some reason you're Amazon Seller you don't have keepa we have we have you covered in the server you can just look it up directly in the server and it'll send you the keepa chart um and then we have our Shopify Checker so you can check a website manually if it's a Shopify website so I'll just grab one here and I'll show you it's pretty simple uh flipper you asked the eBay viewers and Watchers is it private it is not when you put it on there it will be displayed to everybody so I mean you can delete your message if you would like of
(1:05:20) course afterwards but it will be exposed temporarily um you can open up a support ticket if you want and you can do it inside of the support ticket but everybody that is in the support ticket of course will see it so it's not specifically private uh but only staff members are in the sport ticket of course so if you want the basic way to uh see if a website is Shopify if it has the shop app button on it somewhere like a lot of Shopify sites do if it says like Shop app or shop pay you know right away it's Shopify if it doesn't like
(1:05:54) this what you can do is you can right click on the page click view page source and then just hit contrl F and look for Shopify and you'll see a bunch of Shopify text in the code so that's really simple we know that that guy is Shopify alternatively you can utilize the bot that we have in the server so you can grab the link I think we can grab the whole link here utilize our Shopify Checker command which is I believe a backs slash is Shopify or for slash for slash is Shopify input the URL and then the bot will actually check that website to see
(1:06:34) if it's Shopify and tell you if it is or not so very straightforward it says it checked it it said it identified as a Shopify website very basic so if you want to see if a website is Shopify specifically for your private restock monitors easy peasy and also in our uh retailer database all the retailers in there it does indicate if they are a Shopify site or not I believe yeah we have that in there so Shopify it tells you if a Shopify and it tells you if a restock monitor is available for that retailer so very easy to
(1:07:19) reference cool and then uh also one additional tool is the variant checker so this is pretty helpful if you want to see all the additional variants that are available on a product specifically if you're trying to like generate add to cart links um or if you want some Mass input data for your Bots specifically for Valor uh Mech and I believe cyber we can grab an item that has variance on it so I'll grab a sneaker here so this guy variant we just grab this guy come back up to the command list so we can run the variant URL so
(1:08:12) variant Shopify it should give us all the variant info so it gives us all the the the skew checkouts and the mass input data that we would need in the format for that corresponding bot so for cyber Mech and Valor and then this also checks the total stock available if it is available the main stock Checker that we use is another command as well so we have the main um Shopify stock Checker we utilize this a lot to see how many products are being released on launch uh because that's very important for us to determine if the secondary Market is
(1:08:54) going to have good potential or not not for example like the Stanley that were released today and yesterday so we have the main stock Checker which is a dollar sign stock and then the product URL and so if we look at the Stanley if I can find them here so you can see I was running the command stock and then the actual URL of the product and then it displayed for me at that time the URL or the the total stock of the product and gave us add to cart links as well so we can one click add to cart um but yeah quite often on
(1:09:32) drops if we're unsure what the stock is going to be we'll run the stock count multiple times and that can also help us gauge on how fast that item is actually selling without having to manually add the items to your card so very again very helpful Tool uh Mike you said you can't find the utility server so that guy is under the getting started category so if you come under here and then see utility server it'll be right here and then you just click on this guy right here to join I will send a link in the chat there as
(1:10:06) well so you click on that guy and then you can get directly into the utility server right now you won't have access to anything when you join but after the session I will give you access to everything so any questions about all the additional tools that we have have in the server at [Music] all cool so then there's a couple uh very basic things I just want to discuss before we get into the Q&A so the one thing that I want to discuss is earning points in the server so for those that are new or for those that are unaware
(1:10:48) you will quite often see people earning points in the server whether they're sharing their success or they're sharing leads Etc so we do have a point system in the server if you come into the Success shop it gives you a breakdown of what it is so that the Success shop under the support and resources we need to update that image uh but you can basically earn points just for being uh active in the community and sharing information sharing leads helping others out Etc and then you can utilize those points to get
(1:11:21) things like free membership increase roles uh there'll be specialty giveaways specifically for enhanced roles or for redeeming some of your points those types of things so if you want to earn some points the main thing that you can do is whenever you have success for things in the server you can post those images in the team success and then you'll automatically be given points for doing that so you'll see that I'll produce images indicating that it's been successful and you'll get some points for doing that um we regularly we have the
(1:11:57) scrambles that come into the general chat so the scrambles are seller terms and countries uh the seller terms can be found in our blog post on the send Deputy OA website for the seller whatever I named it uh the glossery ultimate Amazon reselling and business glossery so all these terms are in the database here and then every country in the world is on there as well so if you answer or if you successfully complete those scrambles if you're the first one to do it you get some points for doing that uh you can play Rock
(1:12:33) Paper Scissors against other people in the server who have points to also earn points so you can run rock paper scissors you can choose your sign amount and how many points you want to gamble and if somebody beats you they take it if you beat them you take their points and then yeah if you just share like deals flips that are viable on the server uh generally be a good person help people out then you will also earn points that way as well and again you can utilize it for basic things like free membership if you
(1:13:06) like so you can see all those details in the Success shop and then the last thing I want to also discuss is the referral program that we have so right now with the current fee that we have so like our standard monthly fee is $49 uh it is increasing on the 19th and with that our referral program will be changing uh but as of right now until the 19th uh if you refer anybody to the server and they pay for a subscription after their trial you get 50% of their their subscription fee recurring so you get that fee every single month until
(1:13:46) until the end of time until they are no longer a member so if you refer somebody and they give us $49 you get whatever that is 252 three something every single month uh when our fee structure increases on the 19th for new members not for existing members no existing members will have their fee increased uh for new members it'll be increased to $79 uh the referral percentage will be dropped down from 50 to 30% so you'll still get paid I think it's 2370 a person per month that you refer to the server and I'll also be providing
(1:14:22) some documents on how how it can break down on how much you can earn if you want to refer people and to give people tips on if you do want to refer people to earn some extra money and it just like shows an example that if you want to get very serious with it and refer 10 people every single month if you do that for an entire year you could then be earning upwards of 30 over 30 grand a year if they all uh actually maintain their subscription obviously tough to do that extent but if you're for a couple people it can more than pay for your
(1:14:53) subscription for sure cool so any questions about either of those guys at all excellent so then um yeah we can have a brief General Q&A if we would like here uh most things I would like to keep generally like kind of General broad server specific but of course if we want to get into things like details for eBay Amazon Etc we can certainly do that as well so if you have any questions feel free hop on the mic shoot or if you just want to say something certainly feel free Evan you had a question earlier we'll get started with that
(1:15:43) so you mentioned when your inventory is consisted solely of OA items how as a rule did you navigate order cancellations purchasing restrictions and other related issues to ensure you receive the number units of each SK you were seeking just a question for the general chat later so just utilizing a simple inventory tracker so I believe we have one in our sheet or our resources here so we don't have one here you can grab one for free from the website for free order tracker you grab that guy uh let me just see if I have the template
(1:16:29) here free order tracker so we don't need to over complicate it like you can make it relatively simplistic as you get more and more data it does become a little bit more complicated but this is exactly what you'll get if you grab that guy at the website something basic where you can just input uh you can Auto export stuff from seller amp so you can one click export it into here it's built for seller amp so all your data get exported automatically uh then you input your date ordered quantity ordered date received quantity received and so when
(1:17:01) you input that it just gives you a very simple um visual indicator so if you ordered 10 you got five it turns red when you got the righted amount it turns green very simple so then you know that as you receive inventory you just input it in here if you're missing units then you know that stuff you have to follow up on so may not be exactly the solution that you're looking for but that can probably get you started anyway yeah so what I think well what I had in mind was that say if you were ordering um or attempting to order 10
(1:17:34) units and you only receive five just to to use the example that you were General example you were appealing to um and from a specific retailer and uh so would you try again to place an an order for another five from the same retailer or would you try to reverse Source it from another retailer would you jig your address um because I know uh most retailers have uh purchasing limits right so but if you wanted to get your inventory specifically from um one place and there was a limit of five units um per order and would you say um maybe a
(1:18:10) couple of hours later try to place an order for another five using a different credit card and would you jig your address like I'm just kind of get a trying to get a sense of a general process so in my opinion if you have really low restrictions for inventory purchases most of the time it's probably not going to be worth it overall to spend that much time attempting to do it for Amazon unless your profit potential is just extremely high um most retailers like say if you have like your Walmarts your London Drugs Etc they have purchase limits but
(1:18:42) you can easily purchase back toback so those are no issues you just Place back toback orders if you're consistently getting canceled or if they have like hard limits where you you order this and you can't order anymore for me personally I probably would either try to store somewhere else or I would look for different asence because it's just going to take too much time to attempt to buy that inventory and then like all of a sudden you're you're turning a task to order inventory that should take like say one to five
(1:19:09) minutes into a like 10 to 30 minute process and when there's hundreds of thousands of asens that you can look through that are profitable in my opinion it's just not worth it to spend time on the stuff that becomes such a headache okay that's more so giving me a sense of uh the general process so if you were wanting to place an order for the maximum number of units of a particular skew from a certain retailer and you tried again and then the order got cancelled and say you tried to you know a third time and the result was the same
(1:19:44) um then would your general recommendation depending on the retailer just be to Pivot to another ASN safe that you would Source from the same uh retailer perhaps a different one and if the process ended up being the same say uh you were order the maximum number of units and then the second time you did the same and it got canceled in the third time and so on that's kind of when you would consider um trying a source from uh another retailer yeah so like if I never bought from that retailer before and my first order that I placed with
(1:20:15) them got cancelled and I got no indication why like if I get the email it says you've been identified as a reseller we don't sell to you kick rocks I'm be okay I just won't even bother with them anymore I'll just not waste my time try and find it somewhere else or try to find a different product um if they cancel and they don't actually tell me a reason I will almost always try to contact them if they're like a small retailer I'll probably call them and a lot of the time they will cancel especially initial large orders because
(1:20:43) they have concerns of fraud so in that case I'll contact them either by phone or by email try to get sorted if not then if again it gets canceled I will first again try to find that inventory somewhere else at a retailer I'm not going to have issues with or I'll just continue on to the next product just like you mentioned um I suspect the answer to this question is probably no but that the retailer database that you mentioned uh in the server available through the guide book um are those uh those retailers do they uh are they also
(1:21:17) vetted for sort of ease of ordering um in as one Criterion and by ease of ordering I mean um that from those retailers generally speaking it would be easier to say to to do backtack checkouts as you know as opposed to having multiple order cancellations when you attempt to do back-to-back checkouts as the case may be to an extent like not all specifically um but like if we again those are all retailers that we've used for our leads lists so if as anybody's everever reported that they've had issues with a retailer like consistently
(1:21:50) canceling orders Etc then we remove them so like the most recent example we had was like Cabellas they were consistently counseling orders for people they're no longer in that database so to an extent but not all specifically okay so it can be a factor then okay that's good to know for sure uh Nick said would you mind walking through maybe a recent flip that was dropped a good one and maybe one you personally would have passed on if we can walk through the message the info provided in the due diligence we should
(1:22:19) look at before deciding to buy or not 100% so the very first thing like if you've never sold on like somewhere like eBay I would highly recommend that you look through the eBay intro I believe it's a video yeah I made a video uh I don't remember how long it is it's been a while since I made this 50 minutes content is way too long but it it gives you a full walkthrough on how like vet products how to list stuff on eBay Etc and then there's also like a shorter a shorter guide here on how you can evaluate the eBay Market an actual
(1:22:50) written guide so I'd highly encourage that you look through that info first um as we're looking through the drops so the main thing that I would say is pay attention to the main channels uh yeah you said classic video sometimes they go too too damn long so I would recommend paying attention to the main channels specifically if you're looking for the best opportunities so the drops and reminders category and the important category or if you're looking for like sneakers specifically sneakers tickets tickets specifically Etc but for just looking at
(1:23:25) like say uh eBay General flip potential look at those categories and the first thing that you're going to see are drop Channel indicators so they're they're going to have little dots next to them indicating how much profit potential and how much risk those items have so if you just take a quick peek in the daily schedule it'll tell you in here what those guys mean so so it'll tell you if it's white it's informational only red low profit yellow medium profit uh green higher profit so that tells you almost immediately if something is high risk or
(1:24:05) not and higher profit or not some people they only want to look at stuff that is like just green lit good to go some people want to take risks on other things so if they have a mixture of colors that means that things are unsure or there may be different um different variations are being released and different variations have different profit potential so like before the Stanley drop indicator I believe we just had yellow because we were unsure on how much stock was being released if it's going to be a raffle if it's going to be
(1:24:38) a regular drop Etc then the first drop happened we ran the stock they released a ton of stock like 85,000 units in the US way too much they started selling way too slow so we updated the channel accordingly so now it's yellow and red so much lower profit potential and be a little bit more cautious with proceeding with it right um we always try to provide as much information as we can for products so that you can see everything you need to make a decision but at the end of the day it's still up to you to vet the
(1:25:13) information that's there for yourself and if you want to purchase it so if we look at say the Stanley for example this one we try and provide as much info as we can this is the original post from our lead provider this is us information what's coming from our lead provider and then when we have additional information for Canada we will then provide it so we had additional information for Canada down here then I provided an extensive guide uh detailing what's happening okay we mentioned that we weren't sure if it's
(1:25:47) going to be a raffle if it's going to be a regular release um if it was a raffle is going to be proceeding with caution if it's going to have high stock perceivable caution Etc so with these types of drops I would highly encourage that you actually read through the information being provided because it's not just diluted that we're providing it's actually information that's going to determine on how the product is going to do okay so provided full full links early links Auto U add to cart links Etc so that when it actually dropped all you do
(1:26:19) is click on this and it add it to the cart automatically for you so you is bypass the the regular check out um then from there what we do is when we're providing this information we always check recent comps as well if we can so comps would be comparables what the market is selling for comparably right now specifically on places like eBay okay so we'll typically provide a comps link so we're looking at ebay.
(1:26:55) ca and if you're unaware on eBay you can check what items have previously sold for so when we typically look at eBay and we type in a standard keywords this is what it looks like we see how many are listed we see what they're listed for and um yeah we can't really determine the market based on listed price because people can list products for whatever they want right what we want to look at is how much stuff is actually selling for so we click on the sold filter down here from there we can actually see when products are selling
(1:27:35) and how much they're actually selling for so this can give us actual real data and we can make a determination on whether or not it's going to be profitable for us right so the first thing that we look at is okay well we can see how many are sold so there's 18 sold under this keyword set and under this keyword set I think there's a ton more that are listed so there's 171 listed not all of them are going to be the full set like some of them may be a mismatch with keywords and like this one is not the this set so obviously we have
(1:28:05) some mismatches in there but we have a lot of listed products compared to the amount of solds that we have so when you're when we're talk when we talk about sell through rate that's kind of what we're looking at right we're seeing how many have sold versus how many are listed because if we have a higher ratio of sold units compared to how many are listed that typically means that the Market's moving quicker and we can expect to move through our inventory at a a quicker pace so like say if we have 100 units that are listed 100 units that are sold
(1:28:38) that means that 100 units have sold in the last three months so that means that if everything is equal and we have a good listing and we're matching kind of market value we can reasonably expect to sell through all the units that we have in 3 months time or less if we have 50 that are sold and 100 that are listed that's a 50% sell through rate so again if everything is equal we can reasonably expect to sell through our inventory in about or 50% of our inventory in about that three-month period because amount the amount sold
(1:29:11) here is always the last three months right so very relatively basic those are the things that we're looking at and so we want to see generally speaking a healthy sold listed and a good consistent selling price and also we typically take a look at the current listed as well because if we see uh products that are consistently coming down in price that are not auctions because auctions like we we don't know what that's going to go to but like buy it now or what auctions are currently at if we see the market just declining
(1:29:45) rapidly um or like say we're expecting this to sell for like $800 but all the lists are at $400 then we're going to know that we're probably not going to be able to sell it for the $800 we expecting because everybody else is selling them for four right so that's how we evaluate the eBay Market again it's mentioned all directly in here as well um for sneakers if we're looking at sneakers sneakers is very straightforward I'm just going to open up stockx on my other screen here uh because I need to log in so just give me
(1:30:17) a second here stockx makes our life super easy if you're trying to analyze sneakers eBay is still kind of usually preferred to sell sneakers if you can first because you can pre-sell them before you have them in your hand and it is a lower fee but uh we can definitely get good Market data directly from stockx so we look at stockx if you making a free account login what we can do is we can click on view Market data and it literally shows us all the sizes that have sold and what they have sold for let me move all this crap
(1:30:58) here so it tells us when they sold the exact time they sold and what they sold for so super easy to evaluate the market for sneakers so typically when we're looking at a sneaker release for example um we we will see Market data right now that's not always reflective on what it's going to be after the sneakers actually release so let's look at the Verdes right for example so right now this is being provided by one of our providers provider So This Is Us data when it comes closer to the drop we will give Canadian data for all the drops that are
(1:31:38) viable so everything that's green we will have Canadian info in here uh but right now the retail price for these guys uh let's drop it in two days is going to be $130 us so $130 US USD to canadi Ian is about $176 Canadian uh the estimated resale price on these guys right now after the release is going to be300 to $350 us so we can look at the stockx market and we can see right now it is higher than the current estimates we see shoes selling for upwards of almost $900 right and that's not uncommon for releases before they get released
(1:32:23) because the full General stock is not available Limited stock is available so simple supply and demand so because more limited stock is available uh typically we're going to have a higher Sol price but we can gauge some good things off of this we can see that even before the full public stock release these are selling a lot of units every single day like we've seen a ton of units sell today on the 17th so that means that this one this has demand and then two it's probably going to mean that we're not going to
(1:32:54) see major price fluctuations once the General stock is released depending on stock counts right so usually if we see things that are green like this they will tend to have good stock counts compared to the demand and we typically won't see massive price decreases immediately after release so like with these guys right now your average Market I would say is like probably like around to $700 Canadian I would probably estimate after the general release we'd probably estimate selling good bigger sizes we're probably going to be selling
(1:33:33) them for between $500 to $600 because we're going to definitely see some decrease when the regular stock is released uh but it shouldn't be massive because we already see a very very high demand for these shoes so yeah like that's all the data that we're looking at when we're analyzing this kind of stuff and then we try to pump that information into the corresponding channels as much as we can so you can make good purchasing decisions so like one that I had purchased recently I did purchase the uh Disney dolls I was able to get a Alice
(1:34:09) and a Anastasia with the bypass links that VIN had provided here because I looked at the data I see that they're selling for consistently $5 $600 I know what our buy cost is our buy cost ended up being a little bit higher than I was expecting for the the pair but based on everything that I could see I'm comfortable with purchasing that I'm comfortable that I'm able to sell it and make a profit I think the atlas dolls are going to be more profitable because they were more close to the price we were expecting whereas with the double the doubles were
(1:34:43) about twice the price we were expecting or three times I think so I hope that makes some sense um if you have any additional questions you want to go deeper definitely let me know went on a bit of a uh a tangent I suppose and then yeah like you mentioned about drops that I've passed on I pass on drops all the time because like we have providers in the server to provide us information as well as finding our own stuff um a lot of the stuff that we see like in the general flips channel are going to be stuff that's coming from our
(1:35:22) providers so like we we have a channel here called Frieza flips we have a provider called Frieza uh who provides product leads consistently and then we take this information we pull up the stuff that looks good we vet it for Canada and then we put it in the important channels for you guys right so like I don't know probably like 1 to 10% of the stuff that you see in these channels we end up presenting to everybody else because a lot of the stuff you either can't get in Canada or it's too expensive in Canada Etc so we
(1:35:52) just don't bring it to anybody's attention so the stuff that you see in the important channels is typically pretty heavily vetted information that is typically going to be as profitable as it can be um so you don't have to go like too too deep into research um we try and keep all the out of these channels uh but of course it's still always your mileage your mileage your mileage may vary and you still have to do your own research of course but we try and do most of the heavy lifting for you uh Evan asked do you think Carmella
(1:36:32) would be receptive to holding a group call on how to do proper bookkeeping have you ever considered tasking someone perhaps a VA with timestamping past group calls in the server um for the group call for bookkeeping that is on the books to do um I've actually asked Carmela to do like a full essentially like course with bookkeeping uh she was in busy season then it had summer so I will follow up with her to see when we can do that because I think that'd be very helpful um because bookkeeping is not super straightforward
(1:37:04) so yes that is a very good possibility and she has already been receptive to it so I believe we can probably make that happen um as for time stamping past group calls that is something that we probably can do um it's very time intensive because some of those calls are like four five hours long uh but I just recently hired a VA specifically for the server to be in the server full-time uh his name is actually Nestor for some reason his screen name is Jong uh but he's in training right now so I have him in training looking through
(1:37:37) leads providing information so if I don't have stuff for him to do at some point we may be able to do that I did look at to see if there was like AI stuff that was available to time stamp videos for you I just didn't find anything that was super viable Jordan I think there's an um an app I'm not sure if it would work for time stamping the calls very well but it might be worth it just um just as a test I think it's called uh YouTube summary chat GPT or something like that um so if you have a YouTube channel as you do um
(1:38:12) you can upload uh the call as a private video and then you can enable the app and it'll do a live transcription it's not really the same thing as um timestamping but it gives you a kind of idea of what you can whittle Whittle the text down to into time stamps yeah I think that'd be super helpful because then you don't have to watch a 4 hour long video and sit there and try to take notes uh yeah it's very painstaking I know it just was a suggestion but um could you DM that to me and I will look into it um because I
(1:38:40) have previously hired people on like Fiverr to timestamp um like some of the public YouTube videos that we have um but yeah I yeah yeah sure it is it is a more detailed version so it's going to give you like basically chunks of text but it's it's much more helpful to kind of just skim through that and like Whittle it down to like a topic statement or like a keyword or something right 100% thank you for that and then Evan had mentioned that you asked about thousand prodct leads from various lead list over the last
(1:39:10) year or so to help with OA and ra we recommend that use these leads as a spring board for storefront stalking and other sourcing methods in addition to periodically checking the leads for viability sorry for all the questions no no no problem not a big deal yes 100% I think looking through past leads is extremely viable for sourcing for Amazon something that we do all the time uh if you haven't yet I would highly recommend that you build your own product database which we have a template for here basically just adjust all your lists to
(1:39:41) match the same format or adjust this list to match the format that you want then you can put everything in here and then you have a very simple filter where you can filter through data wherever you want so like you can filter through keywords in the product in your notes by the supplier you can put uh keepo charts right over here so like by default the Canada one has a US keeper chart us will have Canadian keeper chart but you can change that to Canada if you want very simply just by changing the domain up here from Comm to ca so you can very
(1:40:17) easily see if the products are viable or if they look like they're selling good today and then yes um if they were once viable leads then chances are you're going to have sellers on those leads that know what they're doing and they're going to be viable to store from stock 100% and two if you build a database uh if you ever identify like a sale like for example uh posted earlier today about the petmart sale happening if you have I don't know a dozen or two dozen or a 100 products that you previously had vetted from PetSmart you can come in
(1:40:50) here you can type in supplier PetSmart and you can very easily see all your stuff that you previously vetted from PetSmart and then relook up those products you'll have your Amazon URL and your Source URL and you can very easily see if those are viable today again so I think it's a super viable method we don't have Pet Smart in here but if you look up iherb we can see IH herb for example yeah so what I did was uh because I had subscribed to some of your leads list before as I just used those as a template and then just reproduced
(1:41:19) it into my own kind of Master list so I guess what I could just do is export that into to that the spreadsheet that you're showing now and that way it will be make it more searchable I mean you can search it in a standard Google sheet anyway but it's it's a lot less um uh in a standard sheet it's it's a lot more difficult to read that way but with the the product data spreadsheet that you're looking at right now it would be much more organized because it would open it up in a separate sheet right yeah and you can do it anyway you can literally
(1:41:47) just use a regular Google sheet if you'd like and look through just like you mentioned it doesn't have to be fancy I just I I like efficiency so I build this for me and my team and then I share it with everybody but you can do it anyway don't over complicate it but yes I think if you have a decent sized database of products that were already previously vetted you have a massive head start on most people that are just getting started because most people don't know where to look for products where you already have a massive reference on
(1:42:13) where you can start looking yeah and I had tried when I first started getting into o and ra a little bit before I temporarily pivoted to to use books um I did the manual sourcing which was you know the the method that uh what was it called the aisle method that g Chris Grant calls it where you just pull up all the products on a product page you choose a particular aisle whether it's health and beauty or um you know Sports and Outdoor and you start scanning every single item or manually searching them and I wasn't
(1:42:41) getting anywhere and that was the basis for exploring a leads list yeah and like stuff like that I think is tough I think to do methods like that efficiently you already have to be you already have to have experience with sourcing in order to do that because like realistically you're going to to do that efficiently you're going to have to be able to cherry pick products otherwise you're just going to be pulling out your hair like you literally have to look through everything and I get it that's part of the process of
(1:43:07) learning but like to do a manual sourcing like that I don't personally like to do that because I want to pull my hair out because it's just like you have to look through so much stuff and you have such a low hit rate whereas if you are already experienced and you can like really cherry pick stuff out and you have a much higher hit rate like that like just like looking through used books as you do it more and more and more you get more experience you can then basically levitate to the stuff that's going to be more profitable
(1:43:33) almost with muscle memory and even if you've never seen the book before you're like oh that I know that's going to be profitable and it's much more likely to be profitable same thing with OA um so to do the more complicated methods like that I think you already have to have the experience to be to have actual success with it yeah it's like that idea of developing the eye for what you're doing and then your only way you're going to do that is through experience 100% uh Mike said so it' be a good idea to get into selling shoes if You' like
(1:44:08) to for sure like of course you don't have to um shoes could be argued has had its Heyday uh some people say selling sneakers is completely dead I would disagree I think it's less viable than what it once was like you're not going to have every single drop happening going to be super profitable uh sneaker reselling is definitely in in a decline compared to what it used to be but there's still definitely room to make profit with sneakers you there's still lots of profitable drops that are happening uh you just have to be a lot
(1:44:39) more selective versus prior years so again we do a lot of the heavy lifting to get started and sneakers is pretty basic if you're not wanting to get into like Bing if you just want want to cop a pair here and there you can literally just enter Raffles uh enter the sneakers drops try to check one out use ACO Etc like you don't have to try and get into Bing and try to try to cop 20 30 40 plus pairs at a time uh if you just want to try and grab one or two I think that's a great way to start like this guy here is going to be releasing
(1:45:12) on the sneakers app so that's a us specific app and some skate shops so with sneakers though like we have guides in the sneakers category of the get book on how to get the sneakers app in Canada because you have to do a little bit of the lack of better words to get it um and then all you have to do is just when the drop happens enter and then you either win or you lose and the more drops you enter in on sneakers it seems to be that the more the more you enter the more likelihood you're going to be to win those drops
(1:45:53) and yeah like I don't dabble in sneakers a whole lot myself I'm definitely not a sneaker head sneakers is something that is certainly not my forte which is why we have other Professionals in here that can provide that information uh but I've boughten a good handful of sneakers and I've made a good couple thousand bucks off the the ones that I've gotten so and it's very little work because most sneakers if they have good enough demand they typically sell pretty quick any other questions anybody has at all uh Matt you're basically like a
(1:46:35) brand new face in here a lot of people that have come through here have come from like our Amazon world that's where that's where I originate from so you mentioned that you were in some other groups as well so so far how do you feel like we're stacking up to other ones that you're in uh definitely again like it's kind of a boon to have um such a great Canadian Focus so I think I started like casual resell in like you know early 2021 like what some people in recent history call like the golden the Golden Days of
(1:47:12) reselling right with PlayStations and graphics cards and you know Jordan Ford's being super hot um so it's it's been great to sort of uh see that and I I've found myself gravitating more towards like us groups U but this seems like a really nice happy medium in terms of um customization for just basic flipping and you know obviously a lot of supports here if I were to take the FBA route so really really really pleased with uh what I've seen in in a short amount of time and it really shows that you have a deep passion for for this and
(1:47:50) creating this um This Server as as a tool for for yourself and you know for for your members as well it's really really nice to see that's why it seems so complex but if you know what you're looking for uh just it just takes time and an eye and so I I respect that immensely I definitely appreciate that thank you very much um but yeah like I know like for a lot of people uh whether the the handful of newbies that we have in here to the server or those that are going to be watching this video afterwards when you come into this place
(1:48:24) I know it's super overwhelming because there's literally like 500 channels that we have in here um but just give it a little bit of time just go slow just look at a couple things here and there focus on the important stuff slowly Branch out and once you do spend a little bit time with it as with anything else that you're learning this to utilize something like this is a bit of a skill but once you learn how to navigate it it can be an extremely effective tool and whatever type of reselling you're doing um I specifically started this
(1:48:56) group because I I've been selling on Amazon for a very long time and at a certain point I think it was last year uh I got a little bit bored for a little period of time and when I do I always want to try and do something else um so I looked into a reselling group in the US I joined it I was never part of a selling group I had like our Amazon Discord server that was about it and when I went there it was super overwhelming I'm like like I'm somebody that's like decently tacky uh but when I looked at I was like this is like super complicated the
(1:49:36) support is absolute there's nothing here for Canadians I'm like this this sucks and like I knew like very like I knew good like decent information for eBay I had dabbled in for very long time I knew Amazon extensively so I was like we can do this better and then this whole thing started yeah I definitely know I definitely know like there's definitely um different calibers of groups out there um as far as I know like I've seen a couple Canadian ones but I believe most of the Canadian ones are from what I've heard
(1:50:10) they have died off a little bit like I believe like there was like am notified Canada I heard that's relatively inactive and other oh it's gone now it's merged with the states that's actually the one that I I'm in now okay and then a lot of the other ones uh I only know of like one or two more but I believe they are primarily sneaker focused as far as I'm aware yeah I know it's good because it it seems more holistic like you can only it's very risky to just hedge it all into one thing whereas this seems a lot more Diversified and and well
(1:50:46) consulted because you can't ignore the US market as well because there are some great opportunities there too so 100% you done your research CH spent a lot of time building this thing ungodly amount of time so yeah anybody else have any questions about the server at all or general questions at all certainly feel free to ask I guess I know you're introducing a new pricing structure going forward um I actually just subscribe for the 6 months so I guess the 6 months has a discount rate as well as a 12 month has a
(1:51:27) discount rate right based on the current price yeah so I'll show you here I'll pull up the main that we have and so I was just curious like obviously I renewed before the prices go up but for another member who might be continuing on a month to month should they choose to Ren for 6 months or a year later on I assume that price would be different so yeah whatever price you have right now so like even if you're on a free trial if you have a free trial then the price that you renew at is the $49 month price that's never going to
(1:52:00) change for you as long as your subscription stays active so if you have the six-month uh subscription then every six months it's going to renew at that same price as long as you keep it active um so like if you want six months long term then yeah stick with six months if you ever foresee yourself in the future wanting to switch it to monthly payments you you might want to do that now because if you try to switch it to monthly payments in the future it's going to be at the new price of the $79 you got it know yeah I was also realizing you
(1:52:35) need to sign in and I think rather than clicking get access directly you kind of have to go into your membership subscriptions and then choose the upgrade function versus try buying another one cuz it just said you already have an active membership or whatever yeah somebody told me that yesterday and I thought that was stupid because like is usually pretty good with like like how they operate how they work they're very like intuitive and then he was telling me that he couldn't upgrade from here I'm like what but then yeah I
(1:53:04) found out you had to go to like the Hub and you have to upgrade through there yeah you kind of to go to the hub click on your different membership see which all you are part of and then from there yeah so and on that if you were to get um you know say if you wanted to get another tier like one of the three or six months options would you still have that lower month pricing after that period ends if you want to continue it so like could you clarify like what exactly you mean sure so if I were to get say you know
(1:53:37) like the six month a six Monon bundle for the 229 um after that six months concludes am I um then subjected to the higher like monthly fee of of 79 or do I have the option to renew um at $229 or $429 or 49 a month so uh yeah whatever price you have it'll always stay the same as long as your your subscription stays active so like say if you go with the six months for the 229 uh every six months down the road it will renew for you automatically unless you cancel and will tell you in advance that your subscription is going to renew like in
(1:54:12) the next week um so if six months down the road uh you decide at that time you want to say go down to the monthly because the standard monthly rate of $49 right now is not going to be available at that time if you want to downgrade to monthly it would then be $79 per month but you can always maintain the six months at 229 chances are like if you want to just go to the month and you previously were at the at the low at the lower price like the 229 you could just tell me and I'll just get you a custom discount to
(1:54:43) bring it back down to the regular price of the 49 bucks that was good yeah thank you definitely uh what what feature or uh part of the server you most looking forward to adding in the next few weeks or maybe long term which you may have not even you know started the process on there's always things that we're working on there are some things I don't want to discuss yet because I don't know exactly when they're going to happen um but thankfully like a lot of the stuff and again I know it can be slow moving some sometimes we have the working on
(1:55:24) Section that we have here uh these are some of like the main things I want to work on that I cross off as we have it completed some things take longer than others because of course I run to other businesses and have a life on top of this so some things take a while and some things like our sneaker guide I go way too deep on it takes a long time to put together but I want to give good information uh but in the short term some things that I think are going happen soon are one I don't want to say for sure will happen but are on the radar and on The
(1:56:01) Chopping Block to happen very soon but I can't say for sure when is solar watch upgrades so the upgrades to be connected to Google's API so automatically pull through all your pings right below your ping that happens it'll have your top 10 results from Google shopping and it'll tell you that this product is at Walmart for $5 this product at at London Drugs is $10 and so you'll be able to very very easily see my payout is expected to be $20 I can buy it at London Drugs for $10 I can see the keeper graph in front of me I know
(1:56:39) immediately immediately that this product is profitable so that should be relatively soon along with a few additional features so with solell watch as well I want to give it the ability to not only monitor for new products but also restocks so and also give you the option to choose whether you want one or the other or both and then have the option to download your data via CSV that already exists we already have that that that section working uh but basically what it will do is it won't ping you or we we haven't decided yet if
(1:57:17) it'll ping you every single time a product restocks from a seller but at the very least it'll track it in your personal database and then when you download your CSV it'll have all your information so it'll be sorted by your seller your as then this as had this many units on this day it increased to 10 units this day it decreased to five units this day and so you can very easily see stock movements for sellers in a CSV format so you can open that CSV and you can very easily tell what products are actually selling very very quickly and you'll be
(1:57:51) up download all your data I think that's going to be an extremely underrated super effective way to source that I don't believe most people understand how good it's going to be if it can do what I think it's going to do so I'm very excited about that uh and then in the short term as well are price monitors so not only have the ability to monitor for Price or for restocks but also price changes specifically price decreases so we're already beta testing public ones here there's already new ones that are being added to additional
(1:58:30) stores and then eventually also be added into the private sector so you can monitor these privately so then you can just basically watch a product tell it that you you want to be notified when this product that cost $100 when it hits $50 notify me ping me and it will just like restocks that's going to be super killer and again like this is like not only good for like General flips like I I think in I think in general like if you utilize it properly for General reselling it can be super effective but where I think it's
(1:59:10) even more powerful for Amazon sellers and as far as I know I've never seen any other any other server mention anywhere that they offer something like that so I think something like that is very very powerful especially if you don't have to pay a massive amount of monthly fee to do it yourself or you you don't have to run all these monitors locally on your own machine and just completely bog down your PC makes sense CU on that note we don't support Canadian Tire correct correct what is that just because from a
(1:59:46) website functionality perspective they're unable to kind of St P or oh no oh no like we do support Canadian Tire for restocks okay and it will be for Price monitors as well right eventually don't ideally it should be every website we support for restocks we should also be able to support for Price monitors as well okay so Canadian Tires a little bit tricky for restocks um like you can utilize a private restock for Canadian Tire today it's not perfect because Canadian Tire they don't have like like a a one set corporate stock it's set by individual
(2:00:26) stores and you can't set individual stores in your restock monitor like that just be too resource heavy and too complicated so like the restock monitors for can Tire right now are not perfect um other websites like like Walmart and Amazon work better because it's not you don't have to change stores to see online stock available um but yeah that's like one one flaw right now for for those guys anyway but also some things that we have in the pipeline again I can't say exactly when but we have deal monitors for some
(2:01:01) Canadian sites besides Amazon like we have uh Best Buy CA yep so we have Best Buy uh very ideally I can't say exactly when but we should be getting Walmart CA we should be getting Home Depot CA hopefully in the near future future that's cool and yeah like those I think will be very good tools because again it basically pings Us in almost real time when price drops happen so we can be basically at the front of the line for when certain things go on clearance or there's a potential price error Etc and whether or not there's going to
(2:01:45) be a couple things so whether or not our current developers can do it or I've also talked to Saul who owns flip alert uh I've talked to him specifically about that because like they have um how they monitor Amazon as not through keepa so like they have the they already have the the foundation built to be able to monitor websites quicker than like Kea for example um it's also a possibility that they may help us expand those capabilities of our current developers cannot sounds like a time and obviously value value for the for amazing uh
(2:02:32) overall price point but yeah looking forward to it what would you say I mean from Amazon perspective it sounds like I mean a few sellers some of the struggles seem to be at least the smaller ones I think maybe not the ones who have a2x and pick books all set up but it seems to to be a trend around bookkeeping like then there's no really easy way around it I assume other than having a VA or having knowing how to do it yourself and having the right training education videos but what are some other in addition to maybe
(2:03:06) automation techniques which can be leveraged from getting orders in obviously you have all the trackers are there any things which you can automate from a overall process perspective I know you have obviously scan unlimited and a few other tools such as you know I forgot the one which you do for backwards and stuff but I'm curious like as a more of a smaller scale seller who does say th000 orders a month what are some tools which or are there like Google functions or something that can be leveraged to be honest I think most
(2:03:41) people attempt to over complicate it a bit and attempt to want to find a am miracal solution to do something that either won't happen doesn't exist or too expensive especially at those stages so I think for most sellers honestly I would say stop worrying about everything else and learn how to do the process because that's that's the biggest thing I understand that you may not want to do that bookkeeping process I understand it's a pain in the ass I understand that it can be complicated but I think if you are scaling an actual real business it's
(2:04:18) extremely important for you to know the fundamentals and be able to do it yourself without any automation be able to basically do it almost to the point of writing it out in a hand Ledger but like using like QuickBooks um you should be able to actually do it and understand how it works because that's going to save your ass when you run into problems when your bookkeeper can't figure out then you're actually going to be a to know how to do it and you're not going to just sit there throw your hands up and be like I don't know what the
(2:04:42) to do you're going to actually know what to do um but like as a new seller the only tool that you really need would be an accounting software so something either like zero or QuickBooks um you don't need anything else that's it period other things like a2x can help because it can import your Amazon transactions automatically for you but it's not needed for those that are smaller if you want to utilize something like a2x you can do something like flipper does in the server buy it for a month do everything all at once and then
(2:05:20) cancel it and then you only need to pay for it for one month every every year you have to do a lot of bookkeeping in a short period of time but you can do that besides that like you don't you don't need anything else man like keep track of your receipts um ideally you should digitize them in some way I prefer Hub do but you can put them in a Google drive folder you can scan them to your computer you can put them in Evernote whatever you want just ideally you should digitize them because especially with the thermal
(2:05:48) receipts they're gonna get faded you're going to lose them that's going to be a lot do you like for your for your order emails just forward it to the QuickBooks account or the Hub do email or whatever correct so yeah I use hubdoc so we I just forward it automatically to like our hubdoc email and then it automatically gets uploaded and extracts the data for us yeah yes but yeah besides that like yeah you don't really need much else you don't have to you don't have to over complicate you don't have to make it super expensive either I know like um
(2:06:20) one of the guys in the server Mike had mentioned and I want to talk to him about it but he had mentioned his accountant uses some type of AI that does his books Recon reconciliation automatically for him it just does it and it's entirely accurate which I'm super skep skeptical about but if it works like I'd be interested in learning about that but again typically when things like that exist especially early on they are stupidly expensive but yeah besides what we had mentioned I do obviously want to also F tune and
(2:07:09) optimize some of the categories that we already have to provide as much valuable information in each individual category so like for example for a while um when we first introduced it our ticket category was majorly lacking I knew it but we didn't have the resources available to provide a lot of good information we had one ticket provider um didn't provide a ton of information got a new ticket provider choke has been amazing been able to provide a really good information for tickets basically has given me like a PhD and ticket
(2:07:44) reselling the amount of time he's been with us and then because of that been able to start expanding that information and now as I'm onboarding a full-time VA specifically for the server he's going to be able to spend even more time to help us optimize these categories we've been providing a lot more information for tickets as of late um but I want to ensure that we're not going to ever miss anything like there's been some days because I provide a lot of information uh I think I was telling Ethan who's in the call here uh I think it was like
(2:08:13) last week I wanted to get like these certain guides up for these calls that were happening last week we had a call last week I was super busy that day running on very very not a lot of sleep and after the call I just crashed and I woke up in a panic the next day I like oh I got to get these calls out all this info so I was just trying to rush to put all that info out which I don't want to do I want to ensure that we provide as much good quality information as we can consistently there's some other cool stuff that you have as wall around like
(2:08:50) um was the yesterday like focus groups and stuff like that I don't know if those were more like us based or if you just need a Us address so no no no no our focus groups uh this is what I love about making an actual community so focus groups is ran by one of our members kale kale started with us in our Amazon server came over here as a regular member found out he did a side host focus groups uh he was doing it for a long time and we talked about one time I was like you want to provide this information for everybody and here we
(2:09:24) are so yeah like he provides a lot of Canadian information but like a lot of these are based in the US but he also provides a lot of information of how you can basically spoof yourself to be a us person like we have we have an entire oh sorry go ahead no say like yeah if you want to you want to do that yeah so like to get a legal out yeah like uh we did an entire when we first introduced Focus calls we did an entire call with kale on focus groups to discuss all that specifically and he mentions discusses in there on how you can basically build
(2:10:03) like your own Persona uh for of a US person he mentioned it himself he's a he's a construction worker that like lives in Florida but he's not he lives in Toronto hilarious yeah okay yeah I'll give that I would definitely give that a watch it's again just like a very cool Niche thing that you know obviously comes from someone that's very passionate about this this thing and you recognize that and give them space for it so very cool 100% And yeah like if you find something that you're good at you're interested in or you're good at
(2:10:36) finding this information I want to know about it I'm always trying to recruit our members to do stuff in the server for sure yeah it's a community right like we have we'll have a bit 100% so no thank you honestly for for doing this it seems like you do this very often so Bly bring this together 100% felt very welcoming so thank you definitely any time yeah I know I don't know if he if he remembers but mad or Ethan that's that's in this call because he was getting into tickets I mentioned to him a while ago I was like oh if you're
(2:11:14) getting really into tickets let me know and you can start getting some ticket info from you and then I I saw like a quick thing in the chat uh in one of the chats in the sidebar about like secondhand stores or like Thrift things yep I don't know if that was like a oneoff thing or if that's just something I didn't click but that sounds really cool too so for like the thrift findes yeah yeah so yeah like in here players well yeah like I just I like sharing information that somebody may not necessarily know yeah like the
(2:11:47) Warhammer one was a really good call as well CU that game has popped off so yeah good thing look can do 100% And then there was one that was like last month I think it was like uh dead a Deadpool like PS PS4 I think it was PS4 game because of the movie it was also yeah PS4 this game as well selling for 130 bucks used yeah and there's volume to show for it so 100 real numbers 100% but yeah like for like the thrift stuff like I'm just I like info I like treasure I like treasure hunting for sure and um yeah of course if anybody
(2:12:28) else ever wants to share I'm always open to hearing what other people share as well but yeah like I do stuff like this like I sell on Amazon full-time I have now seven overseas employees and I have three local employees I operate this server my Amazon business and another business extremely busy for me to go thrifting is definitely not Roi POS in any aspect but I like it cuz I've been doing it since I've been a kid and to me it's exciting it's treasure hunting so that's that's why I do it and obviously other people can learn from it
(2:13:02) too yeah know I I say that because I also do it as well so very cool to see some of that yeah like thrifting for me specifically is kind of more so like a hobby but it's a hobby that can be profitable definitely yeah yeah this guy what are your thought oh go ahead no go ahead completely unrelated to Drifting so finish what you're saying and then just a question a lot of this stuff if I post about something I just do it just to prove a concept so this guy I had bought uh just because it was in the Box it was like it was open box but it was new uh I
(2:13:43) paid the guy 150 bucks for it and I I had I had full expectation it was going to sell I had no doubt it was going to s sell whatsoever make a profit and then I think I posted in this chat yeah I got an offer for it I mentioned it was going to probably take a little bit to sell uh but it took about a month I got an offer for it and the offer was 600 bucks and I believe I ended up selling it to that person so I kind of just do it just to prove to people like I'm not just talking on my ass like this this actually
(2:14:15) works yeah and like these these tals like again not anything that's like super Roi positive in any way but these are things you can find for a dime a dozen post about them how you can basically get them for free and make money and then here we are I sold one just to prove just to prove a point you're just looking at free money you walk into store and I I swear I had one of these I had one of these and I gave it away to a friend I'm like I don't want this anymore I'm upgrading never knew you could sell them yeah vintage Tech is amazing yeah
(2:14:51) and like yeah so so many things can surprise you if you just look it up but like I've spent just like with this server and ungodly amount of time looking up different things like oh that actually sells you can make money with that like you can rip apart appliances and make money with them you can find the for free on the side of the road you can make money with them makes sense oh my question Jordan was um events I know uh you haven't necessarily I know a few folks in the server have been attending a few trade
(2:15:23) shows or Amazon conferences curious if you're planning to attend any anytime soon or any trade shows and thoughts of I mean I see stallin Express and a few other these places doing more trade shows for like I guess private label servers or Brands curious what do you think the appetite is in the Canadian Marketplace is just too small and too wide or no like I think there are I think there are some that are out there that would probably be decent for Amazon sellers uh more so probably specifically more Niche local ones to meet suppliers
(2:15:56) but like you do have like some of your bigger ones like your CFA for example um so I would like to attend some of those especially in the near future as I'm able to delegate more and get more time but it just seems like as I get more time in one business I find stuff to do somewhere else um but yeah I would certainly love to I have full aspirations had full aspirations to go to AMZ United last month but I just couldn't make the time to go but I would very much like to yeah I think it makes sense I mean I'm probably going to see HFA this
(2:16:30) weekend I mean obviously in addition to hey posting in the group saying we're going eventually down the line it would be also interesting to see how we can I guess complement some of these larger trade show of conferences that make sense and have a whether it's a Arcane Society or a broader group put together right I mean that's maybe a book h join the Arcane Society get access to I don't know an an event once a year or something who knows or a discount to certain conferences that might apply or whatever right so yeah and 100% I would
(2:17:05) definitely be open talking to anybody about that especially like getting uh discounts specifically for members free access whatever um previously had talked to to Jason who used to work for max deals and he's doing his own thing now uh for like liquidation and he had specifically brought up the idea about like me and him running like a a trade show like that I'm like yeah I like the idea but like one I don't have a I don't have a ton of time and two like I like building things I like like like like this but I'm not like I don't
(2:17:37) really care to go mark it and sell it to people I'm like I'm just going to build it and it'll come eventually it's going to take forever but I'm just going to put so much value end up being EV end up being a lot of work and effort and energy and time investment and you know dollar to it right is just something online that remains forever yeah like I don't know I've always oper like how do you how do you even track the ROI value right is it based on the network connections you meet like the deals you close like it's
(2:18:06) stuff to track some business like that it because it's just the introductory place where you might meet someone who gives you insight into something you never know the full true Roi until much later if any right 100% definitely Jay diamonds I see that you joined us we're kind of like at the tail end of everything here uh we've been recording it if you're here and we discussed a couple a good couple things some of the main features in the server so of course once the video is available you can always reference back to it but kind of
(2:18:38) just hanging out now doing a general Q&A so if you're curious about anything or you have any uh questions about the server or reselling General certainly feel free to to let us know whether you're on the mic or want to just in the chat but yeah when it comes to um I really I really really enjoy building businesses I don't really care about the money making money is a nice side effect I know I've said this a lot I know I sound like a broken record I don't really care that much because I can already make money doing
(2:19:14) other things I enjoy the process of making a business and making something very useful that's why like you don't see me out here making all these like shitty Instagram ads and on Twitter and YouTube and stuff like I don't really care to Market it I just try to build something give imense value put a ton of effort into it and eventually it'll just pay off and people will come right that's my it's my whole concept it's definitely not the most viable concept of building a business as quickly as you can but it's
(2:19:45) worked out for me so far that's how I for sure yeah yeah that's how I put together the original like Amazon lead list thing that I opened in I don't know God like three years ago that's how I started this and here we are I have a question about seller amp um you know uh the onscreen calculator where you have the the BSR and then it'll tell you it'll give you a percentage of where that item is in that product category like 2% or 3% do you know if that's is that current BSR or historical and if it's current do you
(2:20:36) know how to get it to historical so if you can like your main BSR setting it's always going to be the current BSR you will have the history tab on Sellar amp uh let me move my screen here I'll just log into solar amp once sec second um like you do have like your I think it's like the profits tab that can show the historical but your default one is always going to be the current I don't think there is a way to change that current one to historical as far as I'm aware uh just logging in one second bring this guy back
(2:21:16) over so I know I know yeah I know for example on uh Scout LEF for use books they have the you have the option of configuring the app to specifically focus on historical BSR or average BSR data but I don't think there's a coraly in seller amp I think the only thing you'd probably be able to do is just cross reference the current uh best sellers rank on the onscreen calculator with the uh the data tab or specifically the offers subtab and historical offers and Prime on on keepa yeah like that like are you talking about like specifically like on
(2:21:53) the app scanning with the app yeah yeah so if you're scanning with the app or you're on the on screen calculator if you're just seeing that current VSR which is all that you're going to see on the seller seller amp it'll give you just a preliminary indication because of course it's only one data point among many um that it's something you could focus on and then you would just probe further by looking into the keepa charts or specifically that um offers subtab under the data tab of course when you're filtering it for
(2:22:20) Prime and historical offer yeah like Sellar amp obviously Sellar amp is not the best for scanning books like scoutly is designed to scan books that's how that's where they come from so it is a much better platform to scan through volumes of products I think cell ramp is still viable to scan products for uh ra but like here let me just find a good product example here because we see the exact same information on the online app as we do in the uh mobile app these are like all best sellers hold on I'm just going to
(2:22:56) pull up a random product one second let's look at one from 2023 so I always always preach that your estimated sales on s app should never be never be used um it's not a good metric to utilize however that stat compared to most other apps that exist is better than most because Sellar amp is connected directly to keepa so let me pull up this guy for example I don't even know if this guy sells yes it does a little bit so when we look at the estimated sales I would never buy a product based on that data I would never
(2:23:45) make my purchasing decisions based on that data but like say you're on the app you can use that to get a initial indication if a product is selling assuming it's not a suppressed sales rank item um because typically speaking Kea is pulling the data from the average sold like usually in this case it's not but usually like your average sold over the last 90 days uh where it says 18 there will be very similar to what you see here and this case is different but usually it's very similar and it's because I know seller amp is actually
(2:24:19) directly connected to keep they're getting their data points directly from keepa so usually when you pull up the app and you see oh it actually sells some per month you actually know if it's not a variation it probably actually sells some units per month and that's worth digging a little bit deeper into and of course then you can have your your keepa chart right there too but like for historical BSR I know like there's the ranks and prices so then yeah you can like go like at 30 your average 30 average 90 average 180
(2:24:53) you can change that and I believe you should be able to do that directly on the app as well and then you can see your um your historical BSR as well it's not on the main data tab but it's still available yeah it would actually be kind of cool if um um if sellam had a kind of option where you could have like a toggle switch on the BSR part of the calculator where you could you could toggle between uh the current BSR and say the BSR for the last however many days and you could configure the number of days in the background in your
(2:25:28) settings I agree I think that could be viable I would highly recommend that you pop on their Facebook page and try to make that suggestion to them um with seller amp though like I believe since they've partnered like with those us sellers uh miles and Warner I think they got too big too quick for their own good because uh I don't think being as um however you call it they're not introducing new features not being as like their support is still there they still fix issues they're not letting anything die but like they're
(2:26:04) not really as what do you call it when somebody is like a a Trailblazer what's that word I'm looking for Pioneer What story did you be like me Pioneer could be Pioneer I think I was looking for another word kind of slipped my mind but anyway they're not they're not being very like in Innovative they're not really introducing like a ton of new features like before they were kind of like on top of everything like their their storefront stocking feature and how they can like produce keeper charts was kind of like very top tier like no
(2:26:39) other apps really offered what they offered and that's the reason why I ended up using them uh now other apps are kind of like catching up and sou app isn't really going forward that much I think they're kind of just like maintaining and just they're probably overwhelmed by the amount of people that they have they have to like maintain like such a big product now so even if you do make a suggestion I wouldn't I wouldn't count on them implementing it anytime soon um but they always could you never know because I'm somebody that
(2:27:08) like if I see something that I think could be fixed or could be adjusted I'm always going to suggest it that I've done that a time of sell amp and yeah nothing ever happens nowadays so I've kind of given up on that oh that's too bad even got rezy resells on them now yeah doesn't doesn't surprise me I think the word you're looking for was cutting edge or something no I think I was looking for something else it'll come to me and I'll I'll say it I don't I I was looking for something but I lost it for for St front
(2:27:40) stalking I for me I find like s I'm pretty easier to like pull up I think everything and see listings from like hey what type of Brands and C they selling versus keepa what are your thoughts I mean there's no one way to do with it but curious both ways work I guess I I just find keepa more column based Excel more I guess data versus I guess seller ramp is more UI friendly I guess right that's about it yeah I 100% prefer the Amazon format for store from stocking I think it's way more efficient when I train my vas first or front
(2:28:18) stocking which is one of the first things that they learn they're always utilizing seller amp we never do keepa to sfun stock this is just you have so much more data available right here we know our Max cost we can quick search on Google we see that chart right there so much more efficient yeah that's ni thing too Y and like what I'm trying to train my Vaas is just to weed through the as quickly as they can and cherry pick up the stuff that looks good and really quickly determine if a storefront is worth stocking or not so like realistically by
(2:28:53) the time they hit that load more button like three or four times they should know if they're going to spend more time with that storefront and the only way they're going to be able to do that quickly efficiently is to be able to see all this data right here which keepa doesn't offer as extensively do you find uh like with your we I know they use do do they do a mix of keepa product finder as well like how like as a seller obviously how you say say I sour I don't know 10 hours in a week give or take obviously I do St
(2:29:23) front stocking I have you know our internal what's it called I sell watch and all the other fun monitors and stuff we have would you still recommend spending an hour or two doing keep product F just I feel like I never get to it between all the Stu and stocking and all the other stuff I personally believe that you can make any sourcing method really work and be very viable it's just a matter of if you enjoy it enough to stick with it and if you're going to actually consistently do it so like if you want to be a very
(2:30:04) efficient sorcerer you need to learn all methods it's going to happen over a a longer period of time because if you try to do everything at once you're going to get overwhelmed and you're not going to do it but if you sit down and you spend a 100 hours trying to do a method you're going to learn something and you're probably going to get a little a little proficient with it so I definitely recommend trying to learn all methods but one at a time if you are already extremely good at storefront stocking then try learning how to do
(2:30:35) manual sourcing or try to learn to keep a product finder or try to do data scraping or tactical Arbitrage or whatever method there is on top of what you're currently doing so if you're spending 10 hours sourcing right now I would say spend your 10 hours sourcing your storefronts stocking but if you can add an additional hour per week to learn that other skill or per day or whatever you're doing and then start getting more efficient with that as you start producing more results start spending a little bit more time
(2:31:04) with that method a little bit more time maybe a little bit less time of storefront stocking build that out once you become very proficient with that one now learn something else fair enough yeah cuz I think over time it's adding even to once you have your products it's finding the sources and then waiting for those retailer emails yes 20% like I hope being one of them right now is like so much you can leverage but you need to know what products you're going after right it's kind of like hey here's my go to C
(2:31:33) catalog from a replan perspective which in my opinion we as sellers need to do more of in terms of knowing when to grab onto specific sales and those coupons is what usually will give you the margin to compete on price you know cuz guess what there's some other seller who's probably leveraging cash back and all those other fun stuff so for a lot for online Arbitrage I would agree uh that's why we built the retailer deal email channels that you see right now so all of our all of the retailers that are in that database the
(2:32:07) all 1100 their emails are being fed into this channel so you can very easily quickly see what stores are putting what sales on extremely quickly you can even set keywords if you want um but yeah so like the way that my team does it is everybody learns all the basics and fundamentals everybody starts I start everybody with storefront stalking because that's the easiest method to learn lowest barrier of Entry easiest way to start finding success then from there I typically teach them how to utilize ta they go from something very easy to something
(2:32:47) extremely complicated but I want them to learn learn it even though we don't utilize ta a whole lot anymore I want them to learn how to do it CU I think it teaches you a lot of good skills and then we start learning things like manual sourcing then we start learning things like keep a product finder now we're getting into things like data scraping which is kind of like ta which is why I'm really happy I teach people how to use ta but so all of my team they learn all these things they learn the basics they learn
(2:33:21) storefront stocking they learn ta when they start that's all you get they start sourcing once they're done their three-month probation we then put them start putting them through some Advanced Training so then we start introducing one method at a time whether I'm having them Source Costco whether I'm having them Source retired Lego sets whether I'm having them do manual sourcing whether I'm having them do keep a product finder uh dat is great Etc I start them with the methods that I feel they'll do best with
(2:33:53) to begin with based on their sourcing style and then we see how they do and then once they get a hang of that after like a month or so then we introduce another method and this is on top of what they're already doing um so I never tell any individual person that you have to do this you have to stick with this you have to do this they kind of naturally fall into what works for them and then when we do our performance evaluations I'm evaluating them on their stats so like for example I'll pull up one of our recent
(2:34:25) performance evaluations here uh we track everything and like this is the only way I feel like you can efficiently see if somebody is growing and if you did this with yourself you would get real honest data if you're improving or not and then you could not lie to yourself like a lot of us do um so here is verger's performance evaluation so I go through all my Basics I give him ratings based on everything my feedback Etc but we also look at all his stats so I have it broken down in this time period since his last
(2:35:05) evaluation how many leads he's produced how many accepted how many we disqualified his average production per hour how many hours he spent on every single method what methods he's doing good what methods he sucks at and we go through each and every one and why why is this method no good why is this one better this one needs Improvement this one we're going to eliminate because you produce absolutely zero results with it right and we're slowly fine-tuning him to do what works best for him he's not he's not going to do good in every
(2:35:35) single method but he's going to shine in some over others for sure and that's where we want to are you I so and would you say the methods there obviously it's great that you're tracking to that level do you see any trends between each of the methods or it's purely Dependable on the person in in general and the level of experience at the end of the day I noticed a lot of different things from person to person it does change a lot but I think a lot of it how would I word this so hold on let me pull up Burger's stats for when he
(2:36:12) first started so I'm quite I'm quite sure when Burger first started with us he was not very very good burger was somebody that was very hard to communicate with um he he he was very nice he was receptive but it seemed like he didn't understand a whole lot which was weird because like no no language barrier understood English but it might have been just like certain things were not translating properly I don't know but or he just wasn't really focused or he didn't drink enough coffee I don't know it just seemed like it it took a while
(2:36:51) for him to understand stuff so like the first month that he sourced with us he did actually not too bad the very first month he produced 121 oh no no that's not even the first month Hold On We're Going Back further the very first full month he source with us he produced 80 viable product leads okay and in that month he should have produced about 220 like if we're like a full good qualified lead sourcer I never expect somebody first starting they're going to be able to do that especially if they have no Amazon experience so not
(2:37:26) not the best but he was trying he was learning uh second month actually seen some good Improvement went to 121 qualified lead produ or qualified leads produced which was about 50% of where I wanted him to be but that 50% is where I wanted him to be after three months so month three we see a drastic decrease his qualified leads produced was 79 so decrease in the total percentage of where I wanted him to be so like what the what the happened but I'm assuming they have access to their metrics on a day-to-day basis right so
(2:38:04) they know where they stand obviously 100% And do you find that they then lean like in this case it sounds like he looks like he's good at Costco for example or assume database is just your replan database of sorts do you find that when it comes if they're trying to maybe catch up on these they kind of go back to their original methods which work the best from a you know P * Q perspective for most yes until I get them out of that habit or until they find something else is working better so when I do this evaluation of burger I
(2:38:35) always all all all this feedback that I have here is all hidden they don't see anything when we first do this evaluation I'm sharing my screen they don't see none of this so we go through everything and I ask them how do you think you do with Costco how do you think you do with database how do you think you do with keep a product vender how do you think you do with manual sourcing he gives himself his own evaluation haven't shown him the stats so like they have stats in their own sheet but it's not broken down like this
(2:38:58) so how can I share it without exposing all our products um uh one second so there and I'm assuming your your database like does this include wholesale as well for them or do do none of the these all OA pretty much these are all OA all our Wholesales all done all Wholesales all done in house so uh the sheets that they use are all a form of this the VA sourcing spreadsheet that we have oh that's a data hold on I have all my vas use this so they see all their stats right up here so it's not the current month but here
(2:39:43) let's switch this all to September September one I can't edit this I don't own the sheet the I don't own the sheet I can't edit it but anyway uh if this was October You' see all their their current stats right here uh so it's all they see last month and this month all right here they can see their lead tracker so they can see how they're doing over time but they don't but they want know by what method so so they don't know uh who owns the sheet why don't I own the sheet hold on I think I might own it on my other
(2:40:18) account hold on Amazon on sourcing sheet I can't edit my own sheets stupid so dumb there I mean you wouldn't want to if it's the master no so they have access to this uh they can't edit any of the data sheets so these are all locked down uh and then they have their lead production filter this is what I use to track their stats so if we switch all this to September I don't think any of the formulas should be broken hopefully not okay so we can see all the stats getting produced accordingly right does it automatically for you uh all my vas
(2:41:00) when they Source they're inputting their methods of how they Source it in their notes so if they Source this via manual sourcing they're going like that if they Source it via VIA ta they're going like that if they sourced it via seller watch they're going like that so I can very easily come into the lead production filter I can put in a a date range I can put in note contains seller watch and I can see all their qualified leads that they have from seller watch so I can go disqualified false and I see everything
(2:41:30) that they have for seller watch stats included so very easy for me to add up I can see all the leads with seller watch I see all their leads with Costco manual sourcing ta and then our time tracking software when they clock in they have individual projects that they clock into so ta Etc so that I can very easily see he worked this many hours for this project and then it automatically calculates how many leads uh per hour he produces right and my minimum threshold is I I guess that means I guess that means I need to do that for myself and
(2:42:02) see what works the best and then try different methods and see in the number of hours I spend how many leads I generate and yeah if you don't want to lie to yourself it's very good but most people aren't going to do that because most of us want to lie to ourselves a lot of us think we're a lot better than what we are uh but so I try to do this because I want it as raw and as unbiased as possible and this is the only way to do it give real data so yeah so like with each person usually when they start they put a ton of time in the store
(2:42:33) from stocking because that's how they start and by default they almost always produce more leads per hour of storefront stocking and then they start getting introduced to other methods so I I'll introduce somebody to say uh Sellar watch when they first get introduced to solar watch uh they'll produce like say s leads per hour and I'm like okay well what's happening so you've been doing this method for like a month showed you my training materials set you up with a good set of sellers so why is this happening like this I need to find out
(2:43:03) why because I know it can be viable but either that they're not doing it efficiently uh the sellers that they have in their list are no longer good and we need to adjust them or something else is happening and so we have the data so I need to find out why do they ever add the add storefronts to stock themselves or is that usually provided or a mix of what you you they asked to add these based on a recommendation and you guys kind of say yeah that makes sense for the statch threads that they are in they manage their own storefronts
(2:43:38) so like I have control to add or remove them in case we ever fire them uh but if they ever want to add or remove a seller they just tell me and I do it um but I actively want them to manage their own storefront so like if the seller is not not not producing results you should remove it I don't want to do that because I don't want to spend time trying to manage other people's right and I try to give employees as much control and independ ability as as they can I think people do better that way um but I also want to be realistic
(2:44:08) with expectations and what they're doing right so yeah that's how we break it down and then we find out why you're doing so much better in a certain method why you're doing so much worse in another method and like I found for example for storefront stocking I've talked to some of my employees before where it's like okay they're established they've been with me for three four five six plus months they've been doing storefront stocking a lot they have a lot of hours behind it uh there's no reason why their production should be this low so I'm
(2:44:43) like okay I actually have a training session with Verger here scheduled tomorrow and what I'm going to do is I'm going to have him share his screen with me I'm just going to watch him do storefront stalking for like a half hour to an hour not saying anything it's just going to be mute not say anything I'm just going to take notes while he works because I guarantee you he's doing things inefficiently so he's either when he's looking at a store he's going to be pulling up every product like this and looking at every product shouldn't be
(2:45:12) doing that should be vetting information before we even pull it up he's going to be looking at he's going to be looking at products that have inflated selling prices so I don't know if we're going to have a good example here but like a product that's that's normally going to sell for like say $10 that's not going to be profitable right now it's selling for 30 and right now it's profitable and we can see that on the keyboard chart we see like little Peaks if we see the average selling price would definitely not be profitable
(2:45:38) no reason why we should look into it uh another thing is we can speed things up by using shortcuts I've seen uh a lot of employees uh when they're pulling up things on Amazon they click the button open it up come back open up another one Etc doesn't seem like it saves a lot of time but when you're looking at thousands of products a day which all of my employees are just holding down just holding down control and hitting that button so it opens up a new tab by itself without going to that screen saves a ton of
(2:46:13) time over the course of a month makes them makes them a lot more efficient for doing almost nothing makes sense and then if we see a product like looks potentially viable we don't need to waste time to go into Amazon and try to vet it immediately because when we open up an Amazon page we have to have seller amp load we have to have keep a load we have to try and vet this information which takes a little bit of time what we can do instead is before we even do that hit the Google search see if we can find something at our Max cost
(2:46:44) or with around our Max cost right away so I can hit Google I can try and see right away am I around that 550 Mark anywhere nowhere isn't even close to that cool it's that's a product I don't even need to waste my time trying to go into any deeper so vetting a product within a few seconds versus 30 seconds to a minute and guarantee you he's probably doing a mix of all these things which is decreasing his efficiencies interesting yeah I mean it's a smart process that even Googling you don't want to spend 20 minutes see
(2:47:17) making sure lead is viable how it sells checking how many Sellers and then just realizing oh actually there's no Pro there's like a dollar profit in it you know I mean 100% CU you didn't realize the weight or something I don't know or it's out of stock everywhere so definitely and it's just it's just trying to trying to disqualify the products as quickly as possible essentially but trying to do it as efficiently as we can right right and so if I see like so like this month so his totals were the last six months because um he had had a
(2:47:56) couple really bad months and so I know he had bad months because I saw his stats we discussed it previously but I know that he had that because he had some things going on at home and I don't need to know what it is I know he had some going on and it happens so he was still getting like close to where I needed him to be it's not like he just completely fell off the cliff but he was struggling he did consistently well he was struggling we saw that this month he was picking it back up right that's why I do totals for the last six months
(2:48:26) and current month because like this month he's he's he's he's coming back so obviously his obviously his past six months all is going to impact his averages as well right so we have to take that in consideration um but that's that's why I'm also spending some time with him tomorrow to do a training session just to see if there are any things that are being missed or if he just was a funk for a couple months which should happens to people it's also interesting to see like when you think about like from a seller
(2:48:56) perspective like you need to also account in theory for the cost of the software they're using in this case obviously most of us have keep a product finder we have well sell watch is part of our discard subscription but you look at it and it's it's weird to see like you know you're paying X for tactical Arbitrage but in theory with that additional fee plus the time it takes in Theory you're performing just as well using sell watch or or manual sourcing for that matter right so it goes to show like if you don't account those those
(2:49:27) other hidden costs around software which you may or may not think about as well right 100% And if you break it down like this you can get a realistic idea of like oh I found 30 leads in six months with ta say he was the only person sourcing ta so I was like okay that means that if your standard ta subscription cost you $100 a month that you're your lead your cost per lead is going to be this much right and you can really break it down and see if it's worth it um Chris you ask who owns the sheet I'm pretty sure it's just my other
(2:50:00) Serendipity email I don't want to expose this in case I have other emails on here but I'm pretty sure it's just my S my support at Serendipity email but yeah like it's obviously taken me a long time to put these processes together like I didn't do this overnight I've had vas for a very very long time I've been doing this for a very long time and I definitely did not have a method like this or any type of really thought out in tune Pro processes it's just things that we've built over many years I know you obviously all
(2:50:38) incentivize your weas and have bonuses for them based on the total amount and all that fun stuff have you ever done like spits with them in the sense like doing souring challenges say like okay hey Costco has a sale three of you you have two hours whoever gets the most lead wins I don't know a day day off or some you know 100 bucks for whatever it is have you ever tried any of those competitions and seen if it's helped in anyway um or made them work collaboratively together I don't know if there are any benefits to that so I
(2:51:13) definitely always encourage them to collaborate with one another 100% um but like the way so I try I don't want anybody to take any way anything away from one another um because it can be like I guess when everybody's trying to search for the same leads and like say if one if employee X finds a lead and employee uh why finds a lead after they do the first person that finds it is going to get it qualified the second person is going to get dced right I'm not giv it to them both because that counts towards their their quota they
(2:51:45) have to be unique leads and it counts towards their bonuses um but I try to encourage them to help each other because we have Team bonuses so if we hit the team goal per month everybody gets an additional bonus um but I encourage that through ways of like okay if somebody is new and they ask you just a general question try to assist them if you want but I always encourage them not to train somebody that's new because that's not their job and they're not getting paid to train somebody that's for us I just ask them you know give them a little
(2:52:18) assistance if I'm sleeping um or two like say they come across some some deal emails and like say they come across a sitewide email like iherb that has 28% off the entire website like iherb had yesterday or yeah yesterday all all of IH herb was on sale for like I think like the weekend 28% off you're going to find a ton of stuff from that from that sale if you want to so if you're not going to be able to Source the entire sale yourself which nobody's going to be able to tell somebody else and sayy hey you guys should also look
(2:52:49) at this I'm going to look at supplements you look at uh beauty products or I'm going to start on page one you start in page a th000 and we'll work backwards right encourage stuff like that all the time um as for like the um the challenges um I haven't specifically done that I think it could be effective I have done things like that in the past when we're doing learning sessions so like if somebody answers like we'll do like a live call like this and I'll ask very nuanced question questions about very specific topics for Amazon or why
(2:53:21) this product was disqualified or why we should sell this or whatever and if they won they got a prize uh the way that I primarily incentivize them is with our bonus structure and again like in the Amazon chat I posted recently about the new bonus structure that I've been introducing uh let's see where is a new one hold on am Amazon am I on the right server yes I am uh bonus here so I laid it out of how like we're kind of formatting our new bonus structure it's 100% based on high tier production so like what I would call
(2:54:09) Gold tier production so again basically if they can increase their production they can increase their wage accordingly and they can more or less double or more their monthly wage and it's strictly based on performance and based on their own individual ability right and so we introduced this effective September 1st and let's see where we're at this month so far I'll pull up our sheet uh monthly goal so like for reference um we would hit for gold tier production in a in a month qualified gold tier leads so these
(2:54:48) are all unique qualified leads historically we would hit like 400 to about 440 per month across six employees all for Canada uh this month so far just have to let the sheet load I think you also have to kind of work backwards on hey how many leads do you actually need produce for each list per month right because the last thing you want is your team over producing leads and then by the time you release them to the public they're no longer of sub of you know of the same value right correct but that's also why so it has to
(2:55:27) be timely timely to an extent yeah and that's also why like I emphasized gold tier production because those are higher revenu producing leads from our perspective right and from like anybody that's hiring a VA for General sourcing generally speaking those would be considered higher Roi items right that'd be better higher quality leads so the spreadsheet just loading it just has to automat it just has to uh load load all their data from all their sheets here takes a second but last time I checked we were on track to hit like I think it was like
(2:56:03) close to 700 gold tier leads for the month and so I fully expect by the end of the month will probably be like close to like 6 650 so like that's a substantial increase for the same amount of employees to do that much higher that much more volume lead production and strictly based on just perform better you're going to get paid more and so with your go lead list you do how many leads on a on a daily basis for each list like was it 20 30 there there's two of them and 10 10 per list per day so uh 50 50 per per list uh per
(2:56:43) for for each week so 100 total per week so you at this point producing 700 gold but realistically need 400 correct and that's and those this could remain as gold the following month so you have someone who's kind of rewetting it maybe in the future or maybe it goes from a gold to a silver or whatever correct so those get adjusted on their their qualifications accordingly so if so like we have a I've I've recently adjusted it so like we have like a one- Monon period uh after the month ends review everything to qualify everything because
(2:57:19) we're going to have a backlog of leads which is what I want in case anything happens uh we have we have a like a substantial amount of leads sitting there pending that we haven't qualified yet so that you know if the Philippines Burns to the ground for some reason for I mean obviously I don't I hope that never happens but we have many weeks that we have backlog that we can utilize and in terms of you you mentioned distinct leads what happens if like someone s to the lead and then 3 months later it becomes unviable over a
(2:57:51) period of a month and then they find it it's viable after 3 or 4 months again is that considered distinct or not yet we have like fairly specific criteria on what's considered unique so like if it has been sourced that product will not be looked at again we won't even consider it for two months uh the only other time we'll consider it is if we find it substantially cheaper somewhere else and I say substantially I mean at least 10% cheaper or more so that's typically when we find like a sale um or it has to be out of stock at
(2:58:28) the previous source so it gives people time to like actual lead list members to buy that lead utilize it make money and then if it ever is reintroduced again it's because oh like it was out of stock somewhere else so it's bringing it back to attention to somebody else so like say somebody was a somebody was like a member six months ago and say they never relook at their leads but most people don't so then oh this lead may be introduced back to you six months later because Walmart's no longer in stock but we found it somewhere else and it's
(2:59:02) cheaper so it's a new opportunity for you I guess so so that's from a customer point but from your employee point do you still I mean I guess compensate them on that lead if even if it's not it's it is the same store even three four months later no or no no it's disqualified but yeah like so again like our criteria and our requirements are certainly different than somebody that would be utilizing a VA or doing sourcing themselves for their own OA business like this is specifically to provide AA leads to other people it's
(2:59:38) very we obviously want to ensure we're meeting qual quality but we also need a mass amount of quantity as well whereas it's like somebody else um um I've had many vas come to me that have worked for other people I've had a few that have come to me that have worked for other people in Canada and I can tell you that they it was a rude awakening for our expectations versus what they had at prior jobs very very different in terms of delivery like what they're expected to produce or just like the level of sourcing capabilities and
(3:00:23) their education TRS both but it also comes with like so I had I have right now two vas that came to me uh they've been working for me for I think a little over a year they were both previously employed by a Canadian somebody I'm aware of that's in our Amazon Discord server I'm not going to name who um they didn't know each other but I them both basically at the same time and these people had worked for this person uh as a quote unquote trial period never got paid for it and worked for this person for two three
(3:01:01) months uh with the expectation that oh once we're good once we're sorted we're going to start getting paid after they after they said you know three months later it's like okay I've been working for you for three months when am I going to get paid they were then ghosted by that person and never talk ex long f huh think get I would think you would at least get paid minimum versus anything special but yeah correct but a lot of people in a lot of people in this industry unfortunately take advantage of people that work overseas because
(3:01:31) there's no recourse for them lack of Human Rights or anything they can do to impose payment yeah there's not a lot that they can do unless they have resources which most of them do not and so it's extremely unfortunate but that happens a lot I had an employee leave us that um she left us I don't know I want to say three four months ago it just because she by all means she was a good employee but just was not able to meet expectations so just had a mutual departing had no issues with her I tried to help her find
(3:02:09) another job but at that point we could not so I mean it is what it is but she had ended up finding a job with somebody else um I I believe they are USB Sellers and exact same thing happened worked for a month never got paid like what the are you doing to these these people are people that like are trying to support their families and you don't pay them like sorry but go yourself what do you consider the average cost for a our bookkeeper cuz right now I have a we who's well more not I would say she's Philippines
(3:02:49) outsourc completely cuz she has the expertise and experience of a local bu of a local bookkeeper who's around that like say $35 an hour range Canadian or 25 us actually I don't know what the conversion is on that but she has the same level of expertise as a Canadian bookkeeper what do you say that's a average rate too much better ways to do it unfortunately I probably can't give you a super good estimate for that because I like to do a lot of stuff in house um so one of my staff who's my friend who works for me um part-time in
(3:03:32) the warehouse she takes care of my books so I taught her how to do bookkeeping she's not like a qualified bookkeeper by any means like no qualifications not a CPA whatever uh I pay her $25 an hour flat so I know I'm getting a very good deal she's happy with it we're all happy um before that I did my own bookkeeping so I couldn't give you a good estimate I know I've seen somebody recently in I think our public server I think mey mentioned it was like 70 plus dollars per hour on average from what he found which I think is kind of crazy
(3:04:06) just for bookkeeping if they're not a CPA but that's neither here nor there there so much variety and even just quality right it's paying for getting it done right it's it's like that that Meme where they have like oh the plum came and he spent five minutes fixing you know whatever the issue was it's not yet you're paying for you know the five minutes you're pay for the fact that he knows how to resolve it in five minutes 100% whereas with yourself if you were to try to do that probably take you multiple hours or a
(3:04:43) day with specialized things you're paying something you're paying somebody for their skills and knowledge 100% you shouldn't they shouldn't get paid less because they're more efficient if you were to put a dollar amount on what an hour of your time is worth what would you say it is I've Quantified this years ago well not really Quantified it but I put an arbitrary number on it I just want to say because I know I can produce x amount per per hour what I'm doing what I guess you would call Revenue producing tasks but I have
(3:05:17) not specifically done things like not specifically went and bought like drove across the city to buy on Facebook um because I know it wouldn't make me at that point it was like $300 an hour I was like it's not I'm I was lazy I was being an entitled about it but I didn't do it because of that so I can't say for sure exactly what it be quotequote worth per hour but a decent amount I know I can produce Revenue wise but also a lot of the stuff that I do sitting here doing this call is not super Roi positive but I do it because I
(3:05:54) enjoy doing it thanks for all and have another questions appreciate it 100% Jay the other Jay how's it going I see you coming off the mic for a second yes hey Jordan hey everyone um you know I just joined our King Society um you know this is the first live audio call so you know I was just being a fly on the wall and just listening to all the you know great stuff that was being discussed related but um yeah happy to be here and U you know any advice from anyone on how to best use this and and the different channels and
(3:06:46) the resources would the much appreciate 100% welcome in so you joined while we were on the call so we didn't get a an intro here but what I'm going to do is in your welcome ticket I'm going to send you a message just give me a second and so that's an intro on a slow way to get started because I know in here there's a lot going on and most people get extremely overwhelmed very quickly so that message is just a way to get introduced to some of the standard stuff that we have very slowly so I'd recommend looking through that and then
(3:07:27) just slowly okay looking through the other stuff that we have that may interest you so I know you I know you come from our Amazon server so I would assume you probably have more interest in Amazon so you may want to spend a little bit more time in our Amazon section if you're if you have no interest in sneakers then you probably want to ignore sneakers if you have no interest in tickets you probably want to ignore tickets um if you do have interest in them I would just recommend just exploring them slowly as you get
(3:07:56) acclimated to everything else okay yeah I just U you was folling through the subb list and I'm like this is you know all the different channels and you know are making money yeah everything in here is with the intention to produce to produce revenue and make a profit so there's lots of opportunity in here but again I know it's a lot so yeah some people may look at it and like get too scared like I don't want to do anything so that's why I just say just take it slow makes sense makes sense thank you Johnny for sure and so with this
(3:08:39) specific call that we're having right now we actually earlier went through kind of a a checklist of some of the really good features that we have in the server that a lot of people underutilize so like this checklist that we have right here so this session was recorded so I would recommend that once this gets posted up probably tomorrow to watch through the first about hour hour and a half which goes through all these these points here and then you can learn some of the the really high value features that we have that you can
(3:09:11) utilize okay for sure sounds good yeah I'm going to go back and watch the recording but is this like regular interaction that happens in this space or we have fairly regular we have fairly regular calls so we try to do at least a couple per month um we always have one ticket call per month so with our ticket our our in-house ticket uh broker who provides information on how to sell tickets he does a call with us once per month and then we always try to do at least one call for Amazon per month and then if possible if time permits we try
(3:09:45) to do like a general Hangout Q&A kind of something like this it just depends on really how much everybody has going on um ideally in the future I would like to make it more of a regular occurrence it just it's all dependent on time constraints that's all yeah understood okay yeah yeah I would you know I think I I would have lots to watch you know going back on the recordings and everything cuz I'm still you know I would say Le show phes off this Jour um but um yeah I think I I might find some answers that I'm think for get
(3:10:26) know shs yeah and like but like some of those videos are like four or five hours long so it might be tough to to try and listen and get everything from all those videos so if you have any other if you have like any questions always feel free to ask sounds good thank you um joh on on that note actually and you know I know that you all have probably been on this for a very long time so you are just you know waiting to drop but I just had a v related question right and I was as I said you know I would consider myself in like the
(3:11:03) initial phases but I think I have I have understood the um you know the different ways of sourcing weeds and um you know at what point do you think make its best to hire a we or you know how do you cuz the last thing you would want is to hire a we not being able to get an output from them right in the right way because you are yourself in like the initial phases of like learning everything but at what point do you pull the trigger so yeah and I think a lot of people do that like I think a lot of people hire a VA way too early with the
(3:11:44) expectation that they can do stuff that you can't do and I think that's very much the wrong way to look at it because if you 100% it's going to come down to you're going to have to train a VA to do what you want them to do you can't expect them to come to you already fully able to do what you want especially in Amazon Canada because it's very it's a different game sourcing in Canada than it is the US um so realistically like there's a couple different ways you can look at it whether like number one is you have absolutely
(3:12:20) no no time to do anything else you're always consistently working sourcing Etc and you could be spending your time better doing additional tasks um whatever that may be or if you're not able to Source enough for yourself so that's number one uh number two is if you just believe that you want to buy back your time in some capacity so that you can have a little bit more leisure time so you don't have to work as much so it just depends on what you value each of those things at uh to determine on whether on what threshhold you
(3:12:55) believe it's viable or whether you should hire VA so like got it for example so sorry no sorry go ahead no I was just you know when you say that you have to train them right and um you know on five word when you go let's say you you find a lot of people who say that they know Amazon and FBA and you know all of that so is it like do you also find VA who know this game from the GetGo and you know would be willing to work for you maybe for a higher P but part time for a few hours so I may have different expectations than some
(3:13:45) other people because again we're producing a very high volume amount of OA leads uh but I I've hired I don't know at this point probably 30 35 vas since I've been working with Amazon I have never once I I've never once found somebody come to me that I would consider proficient in sourcing okay that are these mostly from pH sorry what was that mostly from phili being jobs every single one has been yes okay so some have had different experiences than others some have been better some have been quicker to pick things up than others for sure
(3:14:35) uh some have had come come to us with prior experience and like you could see in some aspects that had helped them learn quicker but they were still not anywhere near where I would want them to be off the Hop I've always always had to train them in some capacity they've all learned bad habits they didn't know how to Source Amazon Canada properly they couldn't vet uh leads in Canada properly they didn't know how to look at variation products properly whatever it may be right or they only knew one sourcy method whatever um not to say
(3:15:06) that you couldn't find a v like a VA that's already trained that could produce enough for yourself but I still think like you could be potentially let down if you're not able to put them in the direction of what what you're wanting them to do yeah you know and and there has to be like some level of training that has to be provided so that you are also confident that things are done exactly the same way as you intend them to um but it's it's much easier if you know somebody knows the basics of it yeah um but I also think like
(3:15:47) so number one if you've never hired a VA before I would highly recommend that you look in our guides and resources so if you look in okay uh the support and resources section there's a channel called guides and resources so if you open that guy up you can click on any Link in there that will take you to our gitbook and so our GI book looks like this and so it has all of our prior calls that we've had it has a bunch of guides and resources Etc uh under the Amazon section under the Amazon section Amazon guides there is a
(3:16:22) guide that says the effective guide to hiring a VA I would highly recommend if you've never hired a VA before to read this it's 41 pages long but it walks through everything on where you should find vas what you should pay them what they can do for you uh what kind of bonuses you should give them how to onboard an employee how to manage an employee how to fire an employee it gives you it gives you a lot it took me a long time it took me a long time to write this um yeah so it gives you almost everything short of like our
(3:17:04) exact training program that we put our Vaas through because I'm not going to give you my methods on like how I train people you got to develop your own training but short of that it gives you basically everything that's awesome um yeah I I have had some experience for just some part-time work um unrelated to Amazon but uh I I totally appreciate this because I you know I had to do a write up as well and it you cannot miss a step otherwise you know things will things will not happen the way you would like so this is great right but I
(3:17:43) also like don't think you should approach it like with anything in business business in general with the expectation of being perfect um because I think if you approach it with that attitude you're probably never going to get things done and also with an employee like you had mentioned that you need to train somebody because you you need them to be able to do what you intend for them to do which I agree but you should also I believe have realistic expectations for an employee so like just because you can say produce
(3:18:17) 20 OA leads in a single hour just per se um you should not expect an employee to do that because it's not their business they don't care about your business really at all they're here for a paycheck that's realistically how it is um right and they don't take the risk they they don't reap the reward they're here for a paycheck to support their family it doesn't mean that they can't be a viable employee but you need to set realistic expectations for them right so like I think I think in general when you have an employe after they've
(3:18:55) been fully trained on what you want them to do after like say about like the three-month Mark three to six months you should reasonably expect them to do not very like not the overly complicated tasks about 50 to 70% as efficient as you can got it and if you have actual realistic expectations then I think your relationships with your employees are going to be a lot healthier because if you have very unrealistic expectations and they're not producing you're just going to be turning through vas you're going to be continuously firing them
(3:19:34) because they're not meeting your unrealistic expectations right yeah right yeah no I'm going to go through this I think you know I'm also interested in knowing the incentive structure and you know as you say keeping them you know motivated to um you know do the work um that's required in a in a know in the getting the right outcomes from that engagement right so yeah I think for me personally um there's a lot for me to learn on managing the vas um you know and um yeah I need to go through this first yeah and like I say at the start
(3:20:30) of this guide um where do I say it I think I say it in here I mentioned in here somewhere that this is not meant to give you like this is not meant for you to like copy my exact processes which I mean you can if you you want but it's to give you inspiration of how to do things yourself and a base to start right because like everybody's going to have different management styles different experience different communication skills Etc so it doesn't mean you need to copy exactly what I do it just means that like this
(3:21:01) should give you a very good base on where you can start and these in here my the whole idea was to answer a lot of questions that I had when I first started hiring vas that I wish I had resources for because that's would have made my life a whole lot easier yeah makes sense yeah but yeah of course if you ever have any questions in the meantime always feel free to ask I'm not available 247 but whenever I'm available I always try to answer all members questions as thoroughly as I possibly can um you can always ask them to me personally um or
(3:21:44) you can always obviously ask them in the chats and other people will um tune in with their perspectives as well sounds good I'm as new members join the the I guess the Discord I know we obviously have hey you choose the roles you want tell us what you're interested in I wonder if you can have a onboarding guide or a checklist to say okay a decision three which says okay are you interested in Amazon then watch these these videos and then I mean it's like you have the guide we have everything there it's like how much can you spoon
(3:22:28) feed people like are people used to a course format where they go through you know chapter 1 2 3 4 5 6 7 8 9 10 and you give them a learning portal as if you joined a new job and you'll be like oh here's day one you should do your cyber security training today I wonder like if there's anything else which can helped you know I guess it's people need to help themselves you can't really do much more but I'm trying to think if there are any ways to suggest people content like learning content it's like hey suggestion you seem to be interested
(3:23:00) in this or you ask I don't know have some chat more Twitches like ask it in a natural language and it finds the answer for you so I've thought about doing like kind of like what your first couple days or first week looks like in the server and like here like a channel like day one do this day two do this do day three do this so I think I may Implement something like that I think that's a good idea I also recently put in um this channel called things you need I think it's a good place to start where it's like what kind of accounts you need if
(3:23:32) you want General General flips uh if you want if you want Amazon specifically you can look at all our past live calls guys Etc it's not as broken down as like step by step but it gives you a good I think it's like uh people used to being like fed to the C of hey I don't know on what link to click and read through things they just want it fed to them in a step first you need to you know stand on your feet then you need to put one foot in front of the other well like there are definitely people that I believe are probably like
(3:24:04) that and I mean I mean it is what it is um I kind of want to have like a mix of I'm trying to help people yeah I'm trying to help people build and scale businesses not specifically hold their hand to do it for them exactly you're not selling a course no I'm not and charging thousand for it no I'm not no definitely not exactly so I but I wonder if people come in with that I guess not in a server they don't come in with that expectation but um yeah chances are if somebody came in with that expectation probably don't
(3:24:47) belong here to put it lightly yeah yeah because like anything in business like yes I try to make it as not overwhelming as possible but I think that's probably like the biggest like hurdle for new people because like there's so much in here yeah um but there also I think it's more checklist if anything right so it's like even today what you did with terms of the presentation you had like five to six different features as someone who's like on the thing it's like oh yeah I said I'm going to get back to this and I
(3:25:22) never did right so maybe that's what it is who knows for sure and like ideally this will eventually be a place where it's like say we have enough people in here maybe we can have like a specific staff member where it's like we do weekly on boardings with new people I think that would be that would be great but I also like I don't want to lose the community aspect that we have if it grows like too big I still want to ensure it's very Community Based and people can actually get help and support and not just get
(3:25:56) lost in the sea of all the trash right yeah because there's a bunch of you'll have a bunch of people who come in for different interests right you'll always have the core Amazon folks but then you'll have people who only really are you for the restock monitors or people who are only here for the sneaker stuff potentially right so it's it's you know driving content to the right audiences and and finding each people finding their tribe per se yeah and I think everybody needs like a different level of introduction
(3:26:28) support maybe have um prior history with servers like this there's a a handful of people in here I've tried talking to them send sending them messages whatever I've never never once heard from them theyve never interacted in the server at all but they've been here for six months so I'm like I'm trying to make sure you you guys have some value like uh should we be pausing your membership I guess you if you like giving free money donation use your charity receipt I would assume that they're utilizing it but like they get an email
(3:27:00) everybody gets an email every month before your stuff renews and it tells you hey this is renewing in a couple days yeah where are you going to say are you going to say something there Jay yeah I'm saying I'm probably guilty of a lot those subscriptions you know outside of this Discord server and unrelated to Amazon right so you know sometimes you just join thinking um that you're going to put in efforts but then you're not doing it right so it kind of that's the thing about subscriptions right I have lest subscri subscription
(3:27:39) that I paid 100 bucks um but I've only read two or three books from it because I don't have much time um and then whenever you know I log in I'm I promise myself that I'm going to read a book every night so no I get it y I think though like to your point Jan earlier what you were saying around uh with entrepreneurship or being you know single FBA Amazon cellio online not necessarily working with others and tracking progress like you would in a cold working team to have folks who you can relate to or even like you know you
(3:28:22) see someone posting hey I sold you know $500 today or whatever it allows you it can motivate you in a way as well as even just talking to someone and kind of being like you know where you're being or checking on each other is something that I find useful in terms of and eventually turns it maybe into a physical interaction right uh which adds to it I think is what what helps someone stay motivated in the Amazon game ver is yeah 100% because if you don't have people that are local to you that do what you do chances are like I said you
(3:28:56) don't talk to anybody else about this um so I think humans by default need some form of interaction and a lot of people like not everybody's like always super self motivating it's just kind of how a lot of people are so to have basically somebody to hold you accountable or to grow in scale with I think can be super valuable yeah cuz I mean yeah you can get the Amazon payout every two weeks and or every day and be like yeah okay money more it's me but it's always nice to see other people being like oh you did a great job how did you do that and
(3:29:31) you know that that that human aspect of being recognized yeah I I agree 100% with that too Jay um you know this isn't like a zero some game and uh you know everyone can you know succeed at the same time so um you know thanks to Jordan and you know others in the community who who have been like very helpful cuz it's good to like talk to a person I feel this is the biggest um I would say lacking point in in Amazon FBA at least until this far that I have found as compared to likees on the other you know um businesses um
(3:30:14) that um I have encounter let's say real estate or others right like you can talk to a physical person um you know meet people you know talk to them pick up the phone do his stuff but Amazon until this while um you know has been more like you know you interact through chats through Facebook groups and all of that so you don't until you talk to a person or you know get on these calls like this um you know it feels really difficult to really connect and you know feel motivated that there are others as well who are you
(3:30:51) know trying to do the same thing that you want to do 100% I've very early on I've when I first started I talked to everybody that I knew about what I was doing because I was like I want somebody to do this with me because like I know it'd be so much more fun if I had something to do it with me in the beginning yeah like I try to convinced my best friend extensively for like a year to like go into business with me with Amazon and he wouldn't do it and then after like a after like a couple years he's like oh like this is
(3:31:26) like working and like maybe like I should consider doing this now I'm like well it's kind of late now like I've already built this thing like you'd have to pay me like too much money to like just take half my business I wanted you to come do this with me yeah yeah that's funny did he eventually pay or not no no um I've had I've so with him like he never started but I've talked to many people in my life about what I do or people just ask me and I've helped many people that I know get started walk them through process more or less hold of
(3:32:02) their hand and only one person that I've talked to has ever stuck with it and so it's it's kind of demotivating because I spend this time talking to people helping them giving my time to them for free and then at the end of the day they just kind of piss it away like they try it for a little bit and then it's like nah I'm not going to do this anymore so I'm like ah I'm kind of sick of doing that yeah right and yeah certainly get overwhelming you know in the beginning for sure until you make the first sale and you know the the
(3:32:37) $400,000 whatever it is 100% like the thing is like with the people that I'm close with that I helped it was a lot different versus like say somebody just starting by themselves with no resources because I was able to walk them through everything basically tell them everything's going to be okay this is what you need to do this is how you do this um walk through the entire process have access to my facilities to prep and back don't need to like pay for shipping supplies and or just need to pay for like the stuff that you use um so
(3:33:10) made it extremely easy which I think may have been a fault because maybe they didn't want it enough to endure the little effort it took because like even somebody like um a friend of mine he had started with Amazon cuz like we were just out fishing one day he was asking me about what I do cuz he had talked to me about it before and I was giving him a breakdown cuz he asked me I I I never really brought it up to somebody else unless they asked me because I feel like like somebody trying to like be like a door to door salesman like hey come do
(3:33:42) this um so he would ask me we're fishing talk about it I said well that sounds really interesting I want to see like you think you could help me so we went back to his house that day I showed him basically how to get started and he did and he sold on Amazon for an entire year and he was really enjoying it the problem was is he was lazy so he had very very low expenses and he got to the point very quickly like I think it was like two to three months he quit his job which I told him not to because he was really yeah he was basically just
(3:34:20) profiting enough to cover his expenses every month and he's like well I don't need anything additional on top of my expenses I'm going to quit I'm like you shouldn't do that like you're going to have problems if you're just covering your $2,000 a month worth of expenses and he's like no I'll be fine so he did that the other issue was as he would work until he basically made enough money to cover his expenses and then he wouldn't work for the rest of the month so so he would work for like I don't know 10 20ish hours first week and he
(3:34:50) wouldn't do anything for the rest of the month and so when it came time to you know tax using he never put anything away for taxes and he had to all of a sudden pay an accountant he had to pay taxes on his income he had to pay GST and PST and he never put that money away even though I told him to even though I told him that he shouldn't quit and all a sudden he's like I I'm way too overwhelmed I'm I'm gonna get the sorted I'm gonna get rid of everything I'm not goingon to do it anymore so okay man like yeah you had like the very
(3:35:24) smallest amount of turbulence and immediately gave up so like he wouldn't have lasted long anyway but like if he just had like a little bit more motivation to not do the bare minimum he could have done so much better but he was somebody that just basically all stole all the money from him so too bad but yeah more or less like he was he was able to do Amazon for a year after his stress and being able to pay the that he had from the inventory that he had whatever he basically was able to work more or less parttime for a
(3:36:02) year uh and then break even at the end of it but if he would have did things a little bit more diligently like I told him to he could probably still be doing it today if you wanted to w yeah yeah I guess you know um the other problem is scale right and um you know I personally as well um you know fear that if you scale too quickly you will make a lot of mistakes or you know you might having to like cash for issues and whatnot um how would you suggest you know Jordan and anybody else here maybe you know can pitch in but if somebody is let's say
(3:36:45) you know 10K a month you know and they want to go to like 50k a month like what's the difference in the process is it just about sending more stuff um you know in managing the cash flow piece or you know there is a lot more to it so and if anybody else wants to cut in certainly feel free but in my opinion hitting 10K a month is like your first kind of threshold you have to get over I think I think that's that's kind of a large hump to get over for a lot of people it can take a while but once you get over it all a sudden you see the
(3:37:25) light and you're like oh selling 10K a month is peanuts after you do it once from there I would say it's probably about for most people around the 50k Mark then it's about 100K and then scaling from 100K above that can get quite nuanced and difficult depending on the route that you go and how much Capital you have available um but like the process from zero to 10 is all education all learning and taking a little bit of risk the process going from 10 to 50 is just willing to take on higher risk and spend more money it
(3:38:15) comes down to just spending more making more viable purchasing decisions that's really that's really all you have to do you don't have to do it in a set amount of time you just have to keep putting as much money as you physically can back into your business and keep buying more inventory making good purchasing decisions I think once you hit 50 I think it takes a little bit more cash flow management a little bit more knowledge a little bit more you have to be a little bit more with it to scale past 50k a month and I use this
(3:38:51) example I've used this example a lot uh the only person that I've shown that has stuck with Amazon is my dad my dad he's like 65 66 um he started selling on Amazon like I don't know like six months or so after I did we both started with Used Books he started because he thought what I was doing looked interesting and he never liked his job so he started selling but he also barely knows how to operate a computer he's very stupid when it comes to technology so uh it's been very interesting to see him with his business
(3:39:29) because like he almost does things blindly um he doesn't like he really struggled sourcing products he could not do it for the life of him and he was one of the reasons why I started a leadless business somebody else had asked me but he was also one of the reasons cuz was like okay if I have a Le this business he can just look at the list buy products and then try to scale his business and so since I started my leadist business he's been a customer of mine he almost blindly buys products but he's extremely consistent he keeps
(3:40:04) sending stuff in he keeps buying more paying off his credit card buying more sending it in and the last time I checked I think he was at like 50 or $60,000 months and he hardly knows he hardly knows how to operate a computer that is so amazing granted it's it's taken him a long time so he's been selling on Amazon for he's sell on Amazon for like five years so wow that's insane so relative speaking like that's not massive progress but considering like he he's the he's a person that if somebody if somebody like a tech scam person called
(3:40:44) him he'd be the one that gives him that his information considering he's able to scale business to that is very impressive that's good you know and I guess to add to that I mean we're talking on average like net margin being 15 20% for someone to take home $100,000 from an Amazon business they want need to sell close to what I going say a million give or take maybe 800,000 I think it depends on average I think it depends on your business model and your personal processes and your overhead so if you're somebody that can
(3:41:30) basically operate out of their house without taking on extensive overhead massive rent employees Etc and you're able to run the business yourself you can profit that a lot sooner than somebody that has to Outsource everything uh on average like say with OA specifically net net you probably be looking at close to close to a million probably like 800 800k to a million dollars per year for most people uh for some it's going to be substantially less because they're able to operate extremely Lean by themselves do it themselves out of their house
(3:42:09) um for some it's going to be a lot more some people are netting like literally two three% in this business and they don't even know it I think that's the main thing I mean Jay was talking about right it's like the scale I guess the question is what's your end goal right um is it to create a full-time job and I think Amazon's the only source of method or it's a complement your weekend money whether it's uh investing into stocks or spending it you know I don't know buying cigars for example I guess it all equates to it was interesting the story
(3:42:44) you Shar about your friend and how he lived within his means and then think obviously of the future that that's that's some poor forward thinking but I mean it's interesting to kind of position it in that sense too right I mean it all comes down to discipline and repetitive nature of the tasks that come into play and how much you're willing to spend and be consistent and disciplined in no way to focus your time if you ask me right and prioritize yeah I think a lot of it comes down to willing to do short-term sacrifice and
(3:43:21) be extremely consistent those are the two things that are going to really determine if you're going to have long-term success if you're wanting to scale it into like a relatively large business if you just want like you know a couple extra Grand per month I think basically anybody can do that and you don't even need to put a lot of thoughts into it you don't need to be the smartest person you have to be relatively consistent to do that but like you don't have to like be super passionate about it if you want to scale
(3:43:50) it to a relatively large business I think you have to have a lot more sacrifice in the short term and for most people I think you have to not necessarily be passionate about it but I think you have to to a point develop a passion if you're going to stick with it long term so I know Jordan that you're not a big fan of Outsourcing right um I like Outsourcing and um you do I like Outsourcing but I like to do I like to do it properly yeah um but do you do you you have your own Warehouse or prep right you're know Outsourcing to prep Center
(3:44:42) correct but I have but I have employees that prep for me yes yeah that's what I was um you know I meant when I said that um doing the prep yourself you know in your you know and having your own warehouse and everything makes the most sense because you're not paying somebody else the money to like you know a dollar for labeling you know putting a sticker on the product stuff like that but um you know is like starting out I feel like that that's my my constraint with the sourcing cuz I get lazy you know just like your other friend on like prepping
(3:45:24) stuff so I'm trying to use you know a mixture of both until you know you get to a point where you can you know scale and you know um hire maybe employees um fulltime um but is it like can it be done like with part-time like what's the if if you don't hire somebody full-time like what's the best arrangement that you can work around somebody who can come in like 3 4 hours maybe you know a day to help you with the prep stuff cuz you don't have a ton of work for them so if you have it available to you I would highly recommend that you make
(3:46:08) use of family members family members friends family members and friend friends kids like Teenage Kids those can all be extremely options is what I was confused like I know it's casual work and you can have like you know Neighbor Care like just like they you know help you with the snow um um you know during Winters but is is that falling into like an illegal territory so like is it you know what I'm most made off like if a Labor Commissioner comes to my door knocking and saying you're getting you know kids to work so don't start a sweat shop for one
(3:46:54) but so yeah to an extent so take this with a grain of salt okay um not legal hashtag not legal advice um in my opinion when you are starting I think you you have a lot of leeway to do things that once at scale you cannot do without having legal problems and so like obviously you have to be aware of certain risks and you have to be willing to take those risks but like for example like when people first start on Amazon so many people are super concerned about what do I do with taxes do I need a CPA Etc I tell most
(3:47:36) people when you first get started just learn the process see how it works make sure it's for you don't worry about that once you're like 3 6 months in then yeah we need to start looking at your processes for taxes and maybe Consulting a CPA learning how to do bookkeeping Etc but you don't need to learn you don't need to worry about that right away because it's just going to force you to not start okay I think the same process goes with starting with Outsourcing specifically for prep so ideally it would be somebody that you
(3:48:08) know more closely because technically there's risk that if you have somebody working for you and full disclosure when I first start when I first started having somebody work for me I was 100% paying them under the table I'm just going to pay you straight cash if you claim the taxes or not is up to you I don't really care if you do but this is what's going to work best for us so one that's probably illegal uh two uh it technically probably has some uh worker Place compensation Hazard liabilities cuz if somebody does get
(3:48:45) hurt while they're working for you and they don't have proper workers comp there could potentially be issues so that's why like it should ideally be somebody that you actually know not just somebody off of like Ki um so like less likelyhood that if something happens that they're going to try to take you to like the the labor board um yeah but in my opinion that's probably one of the best ways to start there's less headaches less paperwork very easy easy simple transaction yeah okay but there is still a risk because if somebody gets hurt
(3:49:23) even though you like say it's your brother and you've been solid for many many years sometimes happens where it's like that person secretly despises you and they're going to tell you to a yourself so there's always that risk but I think at a point in business you have to be willing to weigh pros and cons be able to take certain risks so I'm not telling you that you should go that route but I was say that's probably one of the easiest routes to get started going down that road you could also if you're kind of
(3:49:55) finding wanting to find ways to mitigate you can always set up an independent contract agreement where you know you make someone sign a three-page document about limitations of liability stuff if you really need to get there but that's a that's a middle ground of hiring someone parttime right say yeah and there's there's also like potential there that um depending on your individual provinces labor standards whether or not that flies whether or not you still have to pay EI for that person or workers compensation Etc so that's
(3:50:27) something that you always have to consult your individual um provincial labor standards with to see what is quote unquote legal um but again like if like for example the very first person I hired was my nephew I had no inclination that I was going to have issues if he got hurt um or that he was going to go tell the C that I was paying him cash uh I wasn't concerned about it and that was like less of a barrier of entry for me to get started and it's like it just helped me get going I wanted to legitimize as quickly as I could but I
(3:51:03) also didn't want to sit there and overthink it to the point where I wasn't going to actually do something and then Jay what province you are in are you in tono or yeah I am in the GTA yeah I'm sure I'm onario okay like GTA being like in London okay I me I was talking to Danny a bit about you talking about storage space and lockers I think Jordan you even mentioned this like just the cost of rent and your overheads for your space I'm assuming like you're looking at a hey I need to look at a bigger space but you have to do the math on
(3:51:46) rent plus overheads plus all those costs and you kind of have to do a financial kind of analysis on hey I'm investing what's the what's the ROI SL you know what's the opportunity cost and some of the stuff right and then when do you make that move I I'm just going to cut in here for a quick second I just have to tend to my dogs I will be back right away but please continue your conversation but like what I'm saying is like like yeah I pay a prep Center thankfully I have a referral system with them so I pay them I don't know 60 cents
(3:52:22) on a per unit and you know I kind of some I kind of sometimes get units shipped to my house and it sits in my living room for a month it takes up store and then it takes up my brain space cuz every day I walk in and I see it I'm like I still have to do it right um and that's cuz you know you work on 9 to5 or whatever it is and you're like oh this weekend should I hang out with friends or family or just chill or do some Amazon right and it's nice when the numbers start flowing at the same time it gets shipped to someone
(3:52:55) I don't lift a finger I don't have to carry anything and I do the math on it how much does it cost me at the end of the month right so and I think what Jordan often says is can you then use the time which you Outsource can you then leverage that time to find more products or do something that's more valuable which helps you earn that money back right so yeah and you need to look at yeah that's you know right now so I'm I'm in that in between um you know stages I would say I can you know I am getting stretched on
(3:53:40) the prep so you know I I just thought like it might be easier if some you know I can hire someone for some casual work you know and get them to do this stuff rather than paying a prep Center cuz I don't know how many units are you sending to a prep Center every month there's no minimum there's no minimum with a lot of the different prep centers and even if so it's some have 200 300 and it all depends on if you're like based on the number of units is that cost per unit right and I think what you need to ask yourself is are you wanting to hire an
(3:54:15) employee and think it's the more cost-saving approach perspective yeah okay how much will you save but is it also quality control like do you trust a Prem the right way do you trust your shipments going there right those are all the elements you need to also consider cuz I mean say you hire someone for I don't know 20 bucks an hour realistically Center charges you I don't know 50 cents or whatever 60 cents a unit okay taking Factor how much I cost you how much tape all that fun stuff cost you okay that's maybe 10 or 15
(3:54:50) cents per unit so 40 cents a unit is what so the person needs to what need to be prepping I don't know say 60 units in an hour to make sense or whatever the wable you kind of do the math on that right so yeah it's kind of too much but it sounds like you know I'm I'm having a pricey play center cuzz my preps under charges you know $1 to one and a uh $120 per unit um and then they charge you know some inbound and outbound fees as well so you know it just it's we not really no I mean in that case like you can to Jordan's point of it you could always
(3:55:48) try another Hunter see how they perform for 100 units 50 units and if that also doesn't work out then yeah you hire someone yourself right go find a friend for 2 three hours it's kind of what's what's easiest to implement the first the next easiest implementation for you is to find a cheaper prep Center and see if it still works or not and if that fails then yeah someone do you have any prep recommendations cuz I feel that might be the problem I'm facing like U yeah I could I could I mean you can ask a few people
(3:56:25) you have sent a few people to prep parties and they seem to be seem to do get the job done so okay I don't know what other I know I don't know how if what's it the see other preps are Ali who's here YYZ prep I don't know what their rates are if it's in the same range or not he's in Alberta right oi ol's in Ontario he's inar okay yeah yeah sry they have a What minimum spend $500 a month I'm sure you can work things out with them yeah yeah I mean at their rates and see if there I mean all it's all LEL of service to and what works
(3:57:15) right and depending on the scale you're looking at and business relationship what prep what prep are you using right now Jay I am using beta prep beta prep yeah be I don't believe I've ever heard of them are you having issues it's just a d pricey I think right um and I feel like you know you lose a lot like they charge almost like 45 bucks for one SKU right and um you know I just feel like it's um too much so like broken down how much per unit are they charging you on average per unit they would charge like between $1 to
(3:58:07) $120 for daping right if you poly bag it's extra you know um if you bubble WAP it that it's extra stuff like that um and then there is some inbound fees as well as some storage and outbound fees you know which I feel like adds up to the cost and so going I'm not going deep on any of the right now because ially I'm just like like expend and have as many SK um so that's why you know with each SKU and you know with each shipment just feels like and then bundle is another fee so all of that like it's I just feel
(3:58:49) like it's too pricey uh a proposition so like with the additional fees for like inbound outbound like I think that's kind of excessive but like I think most prep centers on average until how you start doing a high higher volume you're probably going to look at like a dollar a Dollar Plus per unit right which again is one reason why we have it done in helps right because if we didn't it would be a substantial additional amount that we pay so like I I understand what prep Center is like utilizing somebody else because you
(3:59:24) don't have the time or you don't want to Etc but like in my opinion with prep centers I think there's a kind of a sweet spot for them so not when you're first starting and first scaling when you get like I can't really say exactly what point but like a certain amount of OTS per month like like just say like an arbitrary number like say 10 10K per month if you're doing 10K in Revenue yeah like 10K to like probably like 50 60k per month excuse me it probably like the best and then after that it would make more sense to bring it back in
(4:00:02) house right okay yeah that's what I was thinking because you know now that I'm getting a flavor of the sourcing right and trying to you know improve my sourcing capabilities cuz that's where the value comes from right like me putting product in a poly bag isn't like going to add any value to a business right like anybody else can do it but you know and I become the bottleneck as I said you know cuz I'm lazy and I have like other family commitments and whatnot right so the products keep sitting in my garage and you know they
(4:00:38) go after like a week um I don't I you know there is probably somebody else who can do it for me and I'm willing to pay them you know casual work hours or I can use a you know prep Center and pay them um or a mix of Bo but that's where I am right now because I want to focus more on the sourcing piece yeah like I excuse me I still think there like there's a point where as a business owner in my opinion you should still be willing to like what you would call bootstrap it so like like if you have to do it you're going to do
(4:01:16) it because it's your business you want to get it done you want to grow but like I I understand the wanting to Outsource tasks especially like prep because like prep is like probably the easiest thing you can Outsource like before VA before sourcing before like basically anything else Prep Prep is probably one of the easiest things to Outsource but it's also like relatively out relatively easy to Outsource in house if you have a space that you can trust somebody in yeah yeah that's what I'm aiming for Jordan right now um because it gives me a
(4:01:51) little bit more control and you know I can play around with centers you know so right now I'm I'm sending anything to the prep centers which is like more complicated for me to pack like bubble wrapping and you know all that stuff so I just use prep centers for it uh beta prep but um you know if it just needs Lael you know I can I can put a Leave Myself technically you could do it all yourself not I think from of it your prep Center definitely has additional charges there so just maybe looking around and I'll send you what they have prep size for me
(4:02:41) I I know two or three people are using them they're somewhat fine with it I mean up to standard but maybe check around wonder if we you I remember you had a sheet before which used to list a bunch of prep still I don't know where that is is that still resources I don't know uh yeah it's on my site I'll put it in the chat here hold on I have a blog post that had all the active prep centers in Canada uh that I could find so let's see here it doesn't doesn't scale them or rate them in any way it just gives you a list
(4:03:19) of prep centers because I don't personally utilize prep Center but I have heard good things about prep buddies as well okay so I put it in the voice chat chat are they Bas in ton J or and do you do you like Outsource 100% he might be away from his mic sorry I'm on mute I've been talking to myself all this while uh they based out of London Ontario um Family sort of business I mean the owner is the direct person will usually be in touch with you I think they're not a very big team maybe four five I don't know at this point point
(4:04:14) and then they have a portal where you can like submit orders or you can do an Excel sheet and if you kind of have a current process kind of map into that um I think I mean for buing and stuff is pretty simple um no issues with receiving and they're growing like they've I think moved warehouses three times in the past year and a bit just to increase space so that means they're doing something right I believe they're upsizing that's that's what I understood not downsizing um and yeah I mean I've not had any prep
(4:04:52) issues from Amazon like when it comes to mislabeling or anything of that sorts over the past year and a half or two so yeah yeah what else do you compare a prep Center for it's communic it's down to communication too right it's whether it's WhatsApp or whatever if something's coming in you resol that's usually what it is and I mean if you do any us shipping and stuff too they they are I think I was talking yeah they they because I think shipy is close to them as well as uh supposedly Melanie was telling me that
(4:05:31) with crossb pickups crossb doesn't even charge a shipping fee if they deliver to prep buties cuz supposedly they get a skid or they have some partnership with them every week that skid entire skid comes to them from um so supposedly they definitely do crossb stuff and they also used to do like if for example I have a retailer in London Ontario and it's like within a I don't know 5 kilometer radius they'll go pick up my stuff for me and stuff like that so yeah that's nice that's know tomorrow yeah I'll send you a DM I send
(4:06:16) you a DM of this and then uh if you're if you if you think like they're shoting in needs I'm happy to introduce you to their founder as well yeah that would be awesome yeah that be awesome it's yeah look at centers I know and maybe this is something Jordan we should look at is I mean depending I obviously want to be fair because I know we should see if they're willing to since you know we do often talk about it I know in the past they were willing to give like example they have different unit pricing like 5,000 units is say 60
(4:06:57) cents a unit versus a15 usually they like have a thing where if you come through a referral they usually put you in a higher tier meaning you get you get only charge 60 cents a unit versus a $120 so wonder if there's something we could work out for this group if we need it I can definitely ask and see for sure um like there's a couple things so like it's hard for me to do a referral recommendation for something I haven't personally tried because I always want to really vet stuff myself in their case like I've
(4:07:36) heard good enough like testimonials that I think I may make an exception but like it's just it's tough for me because I don't want I don't want to promote something that is potentially bad if something doesn't work out it's not just one one thing right a bunch of other things yeah like I've heard enough good things like I think it' probably be probably be cool so like I will I will reach out and see like I know I think when they first started um the guy that owns it is his name like Matt or something yeah mult yeah so he had
(4:08:09) reached out to me asking like if he could like advertise in like our Discord server and I was like 100% no cuz like we don't we don't do that so yeah uh but in this case um especially if it could benefit other people I think it'd be worth exploring for sure yeah there group discounting around it sure I know they launch an affiliate program too and in full transparency I I have no clue what what it is even I'm like I don't even know if I get an invoice DS from them like I am like I don't know but supposedly they give you a five or 10%
(4:08:40) kick back occasionally but I me I mean it's it's it's one of those things as well for Affiliates I don't really care uh I've had many many different people try to ask me affiliate this affiliate that and I basically tell them all to go themselves yeah it's like oh you'll get 10% and I'm like how do I know what I'm not going to ask my the person I referred how much sales you saw sent to them and did I actually get 10% of their sales like I don't care for all of that at the end of the day it's does the other person gain is it cheaper for me
(4:09:15) and them yeah cool sign me up bu bulk discount that's what I care about yeah like I know affiliate money can certainly add up um but again like I'm not that concerned about money to be honest yeah because you know um I think you know we def is always like a personal reputation right um at um at risk right that you you share links and and whatnot right so but if there's a link um by all means you know have U send it to me and um you know I can use that maybe want to to I just know they say hey just tell them you heard from X but you usually what I
(4:10:13) do is I'll personally email the guy or send him a message and be like hey meet this person just to make sure they have customer service and response the last thing for me the way I I go for me money is one thing but me it's the business relationship and the reputation part so it's like hey that person comes from my community or whatever and I need you to ensure they're taken care of that's the way I look at it more than anything else yeah yeah makes sense makes sense yeah I will definitely reach out to them because you
(4:10:52) know you know having a beer and then trapping at night doesn't work best because you miss out on labels and you know do stuff and that gets flagged in Amazon so I would definitely look for more sober people to help me prep um you know a lot of prep centers so that's what I cool so I think I'm gonna head out here which this call has been going on for about four hours at this point but wow um yeah like I appreciate you joining Jay um Jaden as always you've been part of us for a very long time and I always appreciate you coming
(4:11:36) out um but yeah if you have any questions in the meantime always let us know um you'll have your welcome ticket open for probably like the next day or so unless you have a lot of questions um if you have questions you can obviously put them in there if you want them personal um or you can always ask questions in the chat so whatever works best for yourself we're here to help out as much as we can awesome thanks Jordan thanks J thanks for me too as well definitely you both have yourselves a good night take care