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hey
guys today we have an amazing guest
on
she's the founder of econ profits
calm
she has helped many big million
dollar
companies sell more products
online
and if she is making over two
million
dollars per month on Amazon
Tammy
do kow how it's an absolute pret
pleasure
having you on is absolutely
crazy
how are you today
I'm
doing well thank you so much for
having
me it's such a pleasure to be
here
yeah and right now you're in Vegas
right
what's happening in Vegas yeah so
we
are here at an econ leader event a
group
I work with and we have a really
cool
community of people that are trying
to
grow their businesses online in
e-commerce
and so I come and help sort
of
on the Amazon fronts all right that's
awesome
and how it like from the path of
making
zero dollars on Amazon and to
making
two million dollars per month
like
how did you start with Amazon you
know
it's a funny story because I kind
of
went you know in a different
direction
than most people do so I've
been
in e-commerce almost 20 years it
sounds
really weird to say that but
because
of my interesting life choices I
ended
up working for Starwood Hotels a
long
time ago even when ecommerce I
didn't
even know what it was they said
we
want you to be the e-commerce
director
I said I don't know what that
means
here's
a book some SOPs and figure it
out
because I had that amazing start in
my
career I you know I just continued to
work
for a lot of Fortune Brands and
eventually
it led to you know working
with
huge agencies brands and awesome
products
you
know brands you would recognize
household
name products so I did
everything
from social media and then to
Amazon
so it was really a really cool
path
to be able to actually meet with
Amazon
execs all the time travel to
Amazon
really get to know them inside
and
out and it didn't even occur to me
until
about four years ago that maybe I
should
build my own business
that's
what Matt started but yeah I did
have
a little bit of a you know inside
track
there to get me started and you
know
get over some of those humps that
sometimes
we we endure as entrepreneurs
but
that's why I'm so passionate about
helping
others you know yeah that's
perfect
and like when you started four
years
ago and Amazon what was like the
change
that you had in mindset so even
though
it works through with some
fortune
companies over the years I've
also
always been an entrepreneur on the
side
I've always had a side hustle
something
going on and so I've always
had
that entrepreneurial mindset I had a
real
estate license when I was like in
my
teens so you know I loved going to
motivational
you know mindset speakers
like
Tony Robbins and all that kind of
thing
early on and so I knew it's
something
that I always wanted to
achieve
and grow and leave a legacy and
you
know help people I just had this
incredible
desire to help people so that
it
was a path to to do that to help
others
instead of just fortune brands it
was
a path to help you know the little
guy
and you know I've gone through a lot
of
transitions and wonderful life
choices
that I've made having to get to
some
hurdles in so you know that's what
drives
me also just helping other people
that
might be in tight positions and
need
another avenue if you're in a
transitional
time of your life you know
I
think ecommerce and Amazon is like the
the
best way it's really one of the the
best
ways to start a business without a
whole
lot of capital depending on your
business
model so to me it's it can
really
be helpful to a lot of people and
so
the story is that it was just a
family
member that said you know she had
gotten
a new dog and the dog was eating
the
rug like literally eating a hole in
the
rug every day she approached me and
she
said you know you are on the
internet
all day long your whole life
could
you just please find me a dog toy
that
this pissed
will
not chew and will avoid the carpet
and
that's the first thing that I did
and
I couldn't find anything so it led
us
to find the best thing we could find
and
then make it better until it was so
good
that this dog didn't eat the carpet
anymore
and that's how that started so
that
was our first unique product that I
launched
and then that led to a pet
brand
and then the next product we
launched
actually within a year and a
half
became again another
solutions-based
product became an asking
on
TV product all through amazon you
know
became an Amazon Choice product and
then
as seen on TV found it Kevin
Harrington
from Shark Tank reached out
and
said hey we want to up this product
so
that was the journey you know in the
beginning
it all started from a dog
eating
a rug that's very funny and you
have
one person just needing that
product
like crazy anything that is so
annoying
in your life and you can't
figure
out a solution
just
add it until you figure it out
because
you know that other people have
that
problem too you've probably saved a
lot
of rugs throughout the years legacy
yeah
exactly but I wanted to go into
like
how do you actually make money on
Amazon
for all the people that know
don't
know you know there's a lot of
different
approaches and so you know and
that's
one thing that I think separates
me
from a lot of the other Amazon people
out
there because I really want to shine
a
light on what Amazon actually is
Amazon
is actually a search engine guys
you
know we have to think of it more
than
just a place to go by my widgets
right
it is a search engine it's called
a
nine it has autocomplete it tells us
exactly
what consumers are searching for
right
now up to the last second it's the
third
largest search engine after Google
and
YouTube right
2.6
billion visitors a month and they
automate
you know they do all the
advertising
for you so the more I like
to
think of it like this the more hooks
we
put in the water you know that Amazon
fishing
pond the more free traffic we're
gonna
bring to our products or services
whatever
it is that we're promoting and
so
I like to shine a light on all the
different
ways that we can gain access
to
that little fishing pond that big
fishing
pond and one of the ways I would
say
for for newbies the way that I coach
people
to just get started get your feet
wet
is through the Amazon Associates
Program
I know it's been around since
1999
or something they've they weren't
the
first they were actually the first
affiliate
program out there before gee
yeah
it was pretty cool and so they
offered
a way for other people to refer
people
to their products so if you think
about
a blog like BuzzFeed right or you
know
there's there's so many right now
but
all they do is put list of hey the
10
best Christmas gifts this year that
you
know the top 5 Father's Day gifts
their
whole business model is affiliate
links
to Amazon yeah and that's how they
make
money that's how they get paid and
there
are over I think 800 million
affiliates
that are associates for
Amazon
now driving traffic to that
platform
so they are a big part of why
so
many people do come to that platform
and
it's a great way to get started I
mean
you build a link you put it
somewhere
in your blog on social
whatever
hey I mean this new smoothie I
use
this awesome bullet I love it I'm
gonna
get it for Christmas you know link
and
that thing lives forever and you
could
paint on that forever so
very
you can start making YouTube
channels
and post links in the
description
as well like that's I see a
lot
of people posting links to their
camera
what PC they use what graphics
card
that you saw so many niches as well
and
so many things you can go into it's
absolutely
crazy and like for Americans
especially
they use Amazon for
everything
like they buy everything on
Amazon
there's no other option
absolutely
it's a hundred million Prime
members
now in the US which is
definitely
over fifty percent of the
households
so it's it's rare that you're
not
you know using Amazon in a lot of
households
and you're really reaching
people
even beyond the internet now with
all
the Alexa skills which is a whole
nother
portal that I talk about in a new
business
opportunity for Amazon but you
know
one thing I want to get back to if
you're
really thinking about selling
products
then and you don't have a
product
in mind then you know the retail
arbitrage
methods are still out there
and
it's a great way that's true get
started
you know it just gives you
immediate
confidence that platform is so
powerful
that just having a product on
there
you know you're gonna sell it and
it
will if you've never made a sale
online
Amazon is a great place to start
I
I love to you know encourage people to
just
take that first step because it
gives
you so much confidence and the the
you
know the tenacity to and the
empowerment
to just music that's
personal
bite you know so for those and
for
those that don't know what is retail
arbitrage
on Amazon
oh
sure so when you buy something at a
low
price and then you sell it at a
higher
price that's called arbitrage so
think
about eBay right so that was so
popular
for years
we
could sell whatever's in our garage
or
wedding guess we never opened you
know
our children's clothes but the
difference
on doing it on Amazon then
eBay
is you know Amazon is really more
about
new products so that consumers
really
expecting more new products
unless
you're in like the collectibles
type
niche you know that's different but
on
Amazon you know you can go to stores
like
TJ
Maxx or even Walmart or whatever buy
closeout
deals and you know send them
into
Amazon warehouses which makes them
prime
you know and then you're tapping
into
that huge prime loyalty membership
network
and your chances of getting your
for
sale at that pointer are really
great
you know yeah I've seen a couple
of
pictures online with people with like
a
lot of cereal boxes too stacked on top
of
each other because there were on sale
and
they cost like a lot more than it
was
on Amazon so they took that
arbitrage
and made a few dollars off of
that
and it's so nice to see all those
super
beginners that don't think they
can
start making money online actually
go
out there and start making their
first
dollar because that's a huge leap
for
a lot of people and that want to
make
money online right now you have a
free
webinar and I actually wanted to
know
like why did you create this
webinar
so this is a really interesting
story
because I spend most of my days on
you
know besides we outsource a lot of
our
Amazon business now but you know I'm
still
doing retail arbitrage all the
time
because I love it
you
know I'll go like I'll go to the
store
one Saturday morning I'm like oh
you
know I'll just it's a great night
and
it just feels good I think it's
something
with women to you like we're
never
spending money we're only saving
money
when we exactly what I was gonna
say
was I spend most of my day really
figuring
out all the different ways to
promote
our products and services on
Amazon
and one way that I was digging
into
recently it was called the digital
services
platform and this had been you
know
a light had been shined on this
little
portal I'll call it you know
about
a year ago and we could we could
upload
almost any digital product to
Amazon
like you know a PDF
there's
Kindle but
you
know we were I was trying to get
courses
on there like in commodities
like
that and so many people were
interested
in that so I was trying to
figure
that out
and
what happened was one day thousands
and
thousands and thousands of digital
services
products just became delisted
and
I also noticed and this is about a
month
and a half ago six weeks ago and
what
I also noticed was that there were
a
lot of differences in the algorithms
there
were category changes all kinds of
things
happen in one day and you know no
one
at Amazon would really say what was
going
on but I knew there was definitely
there
must have been a huge change in
coding
this is probably going on for you
know
um months and months and months
before
they actually changed over and
when
that happened I think you know it
really
caught a lot of people off-guard
you
know people's Kindle accounts we're
getting
shut down randomly I mean all
kinds
of chaos so I thought okay well if
they're
closing some portals they must
have
opened support so then I really
started
digging around and it took me
about
three days until I uncovered it
and
it was this one little portal that
allows
us to upload videos and link into
our
products to promote our products and
when
I found that I was so excited
because
that portal which led to a video
that
would land on what's called Amazon
video
shorts it's like a whole video
shorts
category that in the past that
had
only been available to brands we
would
have to pay thirty five thousand
dollars
go to Amazon Studios shoot these
videos
and then they would put them in
the
video short section you know but the
little
guy could never do that so
suddenly
this opened up for the little
guy
oh
my god that's like the golden ticket
from
Charlie and shockula Factory right
so
I was so excited I get a little
excited
about it was a but but yeah so
everyone
needs to know this so that's
that's
the that's why you created the
product
right because you you found this
new
portal and and how to utilize it to
make
more sales it was the biggest win
for
the little guy that I've ever seen
you
know in the past so now level the
playing
field and video is so important
you
know as a youtuber oh yeah
absolutely
right
like 80% of marketing internet
marketing
is gonna be video by next year
video
is huge
Amazon's
all-in on video I mean they
have
been launching portals over the
last
year like they actually have
amazon.com
/watch and shop it's almost
like
a QVC type o world where they've
got
like ladies talking about baby cups
and
and then there's right for sale and
they
are all in on videos so I think
that's
why they really wanted to you
know
up you know love with a playing
field
and and and now they actually
partnered
with YouTube so and there was
always
this kind of crazy little you
know
competition going on but there is
actually
a way through this new portal
that
you can take like your channel and
II
would be perfect and you can stream
it
to fire TV through this portal which
is
credible yeah so and I just imagine
because
I've never seen this video proud
platform
before but I just imagine a lot
of
entertaining video kind of
infomercial
zall most well actually the
video
shorts area let's call it was
launched
a few years ago and and what it
was
meant to do was to help the consumer
make
a better buying decision because
you're
not touching and feeling the
product
you're not you don't have a
sales
person there that's educating you
about
why to buy this vacuum versus that
vacuum
or why this baby cup is better
for
this kind of child than this
kind
of child and yes we can say that in
all
of our enhanced brand content detail
pages
and you know things like that but
we've
never really been able to explain
that
with video without dropping and
load
of cash you know and having Amazon
do
that and so they really do like
educational
videos but now this portal
when
you upload a video it will ask you
what
kind of video is it isn't an
unboxing
video is it a product review is
it
an other so I as the founder of my
dog
brand can go on and say you know
what
there's we love you know giving
back
and with you today we're here at a
rescue
center and you know just helping
the
consumer to say well I want to do
business
with that brand they give back
so
so there's I think six or seven
different
categories that you can
categorize
your video in when you upload
it
and then you actually attach it to a
product
so if you don't have a product
on
Amazon then you would just choose a
product
that you're talking about right
like
and have your associates link money
really
so you don't really have to have
so
you don't have to have products on
Amazon
in order to make these videos I
don't
you can just go right into Amazon
and
start selling products link to any
product
and you know here's the beauty
part
of it but I think the real trick
that
I teach people is and I found this
kind
of out by accident as well but you
know
many years ago I started tagging
and
naming my images in a way so I could
catalog
them I was putting keywords in
there
and then I started putting my
Amazon
Associates link in there because
I
started seeing them on Google because
Amazon
is the largest advertiser on
Google
they spent 17 billion dollars on
Google
ads last year so any images that
I
was uploading to Amazon I would see
suddenly
I would see pop up on Google
Images
and I I don't do anything on
Google
it's all Amazon so would like
when
you click on an image and then you
you
go over to the right and it says
visit
and you click that little button
it
will take you to Amazon well even if
it's
not my product
and
I have my Amazon Associates link in
the
info of the image or the video I'm
going
to get paid by Amazon for
everything
that customer buys in the
next
24 hours and it was yeah that's
crazy
as well like that the craziest
part
is that they don't even have to buy
the
product it has like a sticky cookie
that
stays for 24 hours so whatever they
buy
within that 24 hour space you get
paid
yeah it's amazing so I you know
this
is a really funny story that I love
to
tell because we had our dog brand
website
and we only had one kind of dog
toy
it was a tug toy you know how some
dogs
they have to have just stuffing
toys
or they like the squeaky toy or you
know
but ours was a ton toy right so I
knew
that if a consumer was there and
they
didn't have the tug toy type of dog
they
would probably be the squeaky
stuffing
type of dog right on my same
website
right next to my tug toy product
I
listed an Amazon Associates you know
image
with my competitor product and so
when
people would click on there people
are
crazy about their dogs they would
they
would flow through to Amazon and
not
only buy that product but twelve
products
that's crazy yeah yeah dog
lovers
are just a huge like they buy
everything
it's
insane though I want to talk a
little
bit of more about the trains so
you're
giving away a free training or
webinar
and and the link isn't down in
the
description as well for the lunches
so
they can see but what you actually go
through
in that training so this
training
I I really went overboard I
think
it's we ended up going for like
three
days on it and so it's a lot of
hours
you you
we
started with showing you the video
portal
and how to do that and but a big
piece
of that is how to become an Amazon
Associates
right because I want you to
put
that link and all your images and
videos
and I also go through how to
really
figure out what the consumers
looking
for so I go through how to find
the
right sir
terms
you know in fact that's that's
something
that you know I've built a lot
of
a lot of my success is always based
on
that everything we do starts with
what
the consumer searching for not with
some
dumb product that I think might
sell
it's always with consumer searching
for
right
so
I teach people how to figure that out
and
then reverse engineer because for
example
I was working on a product that
you
know it's called diaper genie right
a
diaper pail and that was our keyword
but
you know it's through sponsored ads
and
things like that that I found out
that
other people were searching for it
and
in saying nappy been right because
in
the UK it's called nappy men and yeah
you
mean in America with all the you
know
transplants we had a lot of people
searching
for that so when we started
adding
those search terms then you know
our
scale our sales just ten times right
we
doing we keep downloading that
because
what I I'm gonna call a thing
something
and you're probably gonna use
a
different term and said one of our one
of
our pet products actually is kind of
a
weird thing because it's a different
thing
so we again like created it and so
there's
about seven every time I show it
to
someone they call it a different
thing
yeah you have to have like that
title
will have to be like seven
different
words but I really go through
that
because that's really foundational
to
selling online I mean you can use
that
you're on Shopify or Google
Shopping
or social or wherever you are
so
we start with that I start with
giving
you an associates helping you
open
an associates account understanding
how
that works getting your affiliate
links
naming and taking your images and
videos
I go through how to make videos
different
video platforms that you know
we
there's all these pre shot video
clips
that we merge together and you can
make
a video in ten minutes or one on
your
iPhone or you know things like that
to
help people because that seems to be
a
big stumbling block isn't
oh
yeah I think people don't want to be
even
camera people don't want to talk
into
a microphone or
super
easy yes yes but but there are
people
just won't so I go through that
too
and I understand that so I go
through
you know you don't have to be on
video
you can you know like on my dog
thing
I show a bunch of dogs tearing
apart
this huge stuff dog toy or stuff
you
know and then I say you know dogs
will
be dogs but here's a solution you
know
I don't even show the product I
just
put my my product name and the link
in
like Oh 20% off and that's it
yeah
so we go through that and then and
then
just for good measure I kind of
went
into a LexA a little bit in that
opportunity
because I think that's
pretty
cool oh yeah and I science a
whole
different beast I guess yeah yeah
that's
a whole nother long conversation
but
think of it like you know Apple
iTunes
store opened in 2008 and there
were
5,000 apps back then Alexa skills
you
know are kind of the apps that make
Alexa
enabled devices smart those smart
speakers
and now we've got 50 50 million
people
have Alexa naval devices now and
I'm
sure it will skyrocket even more
after
you know this holiday season so
people
are starting to build these apps
or
skills and no last year there were
there
were 10,000 last summer skills
available
on the App Store and 40,000 in
May
there's over a hundred thousand now
so
it's another great opportunity for
people
to start you know looking into
you
because this is where we are going
it's
conversational selling you know so
I
just wanted people to be aware of that
if
that's something that trips their
trigger
like oh man I could really do
that
you know you know like when the
mobile
phone apps came around and put 11
and
that was the big thing yes exactly
people's
wheels turn in like you know
that's
something you're into then now is
your
chance you know oh absolutely
and
I think voice is gonna be huge
that's
well like tapping with your
tongue
is gonna be dead in about five
years
I guess everyone is gonna just
talk
like that into the microphone it's
just
getting so good I think so and you
know
what's funny is that you know I
never
knew the more I dig into this the
more
I know that how much I don't know I
guess
but Alexa has or Amazon has
partnered
with Yelp and partnered with
yext
and all these things that work in
the
background of you know when I'm
talking
voice when I'm searching
something
voice with my iPhone it's
gonna
be a different browser than I
enable
I might get different results
than
if I'm typing right um on a
different
browser versus you invoice on
a
you know a non iPhone like an Android
phone
something like that right so
there's
so many different search engines
and
they're all voice enabled a lot of
them
are you know voice enabled so the
voice
enabled search is much different
than
the you know the normal text-based
search
and so the conversational selling
piece
of it you know now our search
terms
are changing you know because
that's
very true if we tight grain so
all
our search terms now we're gonna
have
to really use sites like well
YouTube
right it's perfect because how
to
do a thing you know I I would say
that
and or you know sites like answer
the
public I love that site answer the
public
calm so that curates all the
different
questions that people are
asking
around a specific search term and
it's
sort of conversational so we can
use
you know databases like that now to
power
our search terms yeah it's gonna
change
like a lot when you said that the
search
is different for typing than
voice
I was like oh my god I need to
change
my youtube keywords around in the
future
maybe you know yeah a lot of
different
ways to target ask
but
the free training that you that you
get
if you go down in the description
down
below and Tammy's gonna show you
everything
we talked about today if you
want
to go into Amazon yourself and
check
this out I highly highly recommend
it
Amazon
is such a great platform and the
third
best search or the third most used
search
engine in the world and just
around
products you can't find an
article
on Amazon you can just buy
products
there so it's absolutely
amazing
to have you on for all the
people
that want to join there's a link
in
the description down below Tammy is
there
anything else you want to say to
the
others before we go well thanks
again
for having me on and I would just
encourage
everyone to you know take dip
your
toe in the water I'm kind of portal
that
is interesting for you you know
what
the other thing is if you have a
local
business for example or your
consultant
or something like that and
you're
saying well I don't want to sell
anything
online
you
know Amazon is offering a way for
local
businesses to be found and booked
and
referred on there on the website
juice
there's I'm sure whatever you're
doing
there's a portal for you and it's
free
traffic guys it's free traffic so
any
business really any business can
grow
with the power of Amazon and you
know
I really my hope is that you start
thinking
of it in a different way than
we
do with our consumer hats on really
think
about how we can grow our
businesses
with it you know even if it's
just
throwing some associate links out
there
and getting some passive income
and
you know paying your car payment
every
month why not you know so I just
want
everyone to feel empowered get a
little
bit of confidence by getting your
first
online sale and really in really
growing
that because that's the future
you
know that's the future that's where
you
need to be
that's
an amazing outro for this
interview
thank you so much
Tammy
for being on here today for all
the
people that want to join the link is
down
in the description amazing time
thank
you for your taking the time to
talk
with you today my pleasure thank
you
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