Golden Rules for Scaling an Online Business- Ann Sieg - Amazon Legends - Episode #188

01/10/23 • 64 min

The guest on today's episode is Ann Sieg. She is the CEO and founder of E-Commerce Business School. Rightly so, she’s known as The Renegade with her “think outside the box” mindset. Ann has sold over $20,000,000 in products online. In today’s episode, she discusses the Golden Rules for Scaling an Online Business

Takeaways:

In order to be successful, one must put in place solid systems and processes.
No one loves your money more than you do when you run a business.
The worst and the best lessons in life are hard-learned ones.
5W s and H method.

Quote of the Show:

Anytime you start doing something more than once is a signal to write an SOP

Links:

Personal – Linkdin: https://www.linkedin.com/in/annsieg/

E-Commerce Business School – Linkedin: https://www.linkedin.com/company/ecommercebusinessschool/

E-Commerce Business School – Website: https://ecommercebusinessschool.com/

E-Commerce Amazon Training – Website: https://www.ecomacceleration.com/

Ways to Tune In:

Amazon Legends is sponsored by Argometrix, the authority on, and a leading supplier of, competitive intelligence for online retail. To learn more, head over to https://argometrix.com/

Takeaways:

In order to be successful, one must put in place solid systems and processes.
No one loves your money more than you do when you run a business.
The worst and the best lessons in life are hard-learned ones.
5W s and H method.

Quote of the Show:

Anytime you start doing something more than once is a signal to write an SOP

Links:

Personal – Linkdin: https://www.linkedin.com/in/annsieg/

E-Commerce Business School – Linkedin: https://www.linkedin.com/company/ecommercebusinessschool/

E-Commerce Business School – Website: https://ecommercebusinessschool.com/

E-Commerce Amazon Training – Website: https://www.ecomacceleration.com/

Ways to Tune In:

Amazon Legends is sponsored by Argometrix, the authority on, and a leading supplier of, competitive intelligence for online retail. To learn more, head over to https://argometrix.com/

Previous Episode

Conducting Due Diligence on Seller Profitability - Eric Stopper - Amazon Legends - Episode #187

The guest on today's episode is Eric Stopper. He is a jiujitsu practitioner, professional podcaster, Youtuber, and Amazon entrepreneur who has worked with over 2000 brands in his career. He recently founded Profitibull, a lead generation company that caters to organizations with high lifetime value customers like HRT and fertility clinics, accident and injury Lawyers, CEO coaches, and more. In today’s episode, he discusses Conducting Due Diligence on Seller Profitability.

Takeaways:

The unified transaction report is the most significant source for creating a P&L report.
The unified transaction report tells us the order, Refunds, Promotional values, all the fees, and advertising cost per sale.
P&L tells us the most important thing, which is the profit margin.
The sponsored display can increase sales.
Facebook, Email, and YouTube marketing are great ways to increase sales.

Quote of the Show:How much can I increase this asset? Most sellers are not doing Google, Facebook or Email advertising. It is a complete blind spot for Amazon sellers.

Links:

Personal – LinkedIn: https://www.linkedin.com/in/eric-stopper-7298a9b3/
Personal – YouTube: https://www.youtube.com/channel/UCQEG9WNn7a5iLeOx-oh2bIg/videos
AO2 Management – Website: https://www.ao2management.com/
ProfitBull - Website: https://www.profitibull.com/

Ways to Tune In:

Amazon Legends is sponsored by Argometrix, the authority on, and a leading supplier of, competitive intelligence for online retail. To learn more, head over to https://argometrix.com/

Next Episode

Your Roadmap to Success with Influencers on Amazon- D.Scott Smith - Amazon Legends - Episode #189

The guest on today's episode is D.Scott Smith. He is a collaborator sitting at the juncture of strategy and execution. He is known as a “Motivational Listener”. Scott is a speaker, coach, and mentor who will inspire and motivate you. He has created and published the “Independent Planner”. An analog calendar with a unique daily Goal Tracking system. This planner was created specifically for solo entrepreneurs, freelance professionals, and small business owners.
Prior to becoming a full-on entrepreneur, Scott worked in large and small companies in leadership roles which include CEO, COO, and General Manager. He has lived and breathed financial services, agriculture, and manufacturing. Scott is involved with joint ventures because he believes in the power of networking. In today’s episode, he discusses your Roadmap to Success with Influencers on Amazon.
Takeaways:
*In order to be successful as a seller, you must have good connections.
*A great way to market your business is by collaborating with influencers.
*When finding influencers find someone who feels a connection to the product and feels passionately about and shares an experience with the product in an emotional way.
*On Facebook and Instagram you earn 3 dollars for every dollar spent on ads and on amazon we earn 9 dollars for every dollar spent on ads.
*There is always an opportunity in the face of a threat.
Quote of the Show:
Find someone who has a connection to your product and feels passionate about it. The right influencer will describe how it feels to use it through telling stories.

Links:
Website: https://www.dscottsmith.com/

Email: [email protected]
LinkedIn: https://www.linkedin.com/in/dscottsmith/
Twitter: https://twitter.com/d_scott
Instagram: https://www.instagram.com/d.scottsmith/
Amazon Live: https://www.motivationallistener.live/
YouTube:https://www.youtube.com/channel/UCEW7fRgqZ8yWVJAP6xSYImQ/videos
Podcast: https://www.dscottsmith.com/podcast
FREEZE free offers: http://stopinaction.com/

Publications:
Amazon: https://www.amazon.com/D-Scott-Smith/e/B07K77WDPM
Independent Planner: http://independent-planner.com/
Ways to tune in:

Amazon Legends is sponsored by Argometrix, the authority on, and a leading supplier of, competitive intelligence for online retail. To learn more, head over to https://argometrix.com/