“The successful man will profit from his mistakes and try again in a different way.” Dale Carnegie
A lot of Amazon gurus will tell their stories of how they made from zero to a million dollars in 8 months.
That can be great for motivation but many times a “lottery story” like that doesn’t necessarily help you get the same results. Those same people usually only give share their wins but they don’t talk about their losses.
To give you a more complete and realistic picture of what it takes to run an Amazon business, I’d like to share with you an Amazon product failure of mine.
Why? Because I’m a firm believer in learning from your MISTAKES.
If one person is further down the path that you want to go (i.e. Selling on Amazon) and they’ve run into brick walls, doesn’t it make sense to LEARN from their experiences so you don’t run into the same walls?
Recently I had the privilege of being interviewed by my friend Danny McMillan from Seller Sessions, a podcast that teaches advanced Amazon marketing tactics.
He asked me to share an “Amazon Product Failure Story” and the lessons I learned from it. I tell about how I researched and came up with this product idea. How it sold well in the beginning but then something happened and the market changed. Not only that my team and I made several mistakes, and then sales dried up as a result. AND I reveal the actual product that we are selling in the podcast.
You can listen here.
If you do listen, what did you takeaway from it? Leave me a comment below.