What You’ll Discover in Ellen Lin Million Dollar Golden Formula
According to EllenYou can use her strategies to increase your monthly sales and reach new heights in a few easy steps.
Ellen Lin – Million Dollar Golden Formula
Are you interested in opening an Amazon-owned online store? Perhaps you have heard of Ellen LinEllenpro’s founder is currently promoting her Amazon course through Youtube.
According to EllenFollow her simple steps to scale up your monthly sales, and rise to new heights.
You might wonder, however, if there are enough gurus and Amazon is known for intense competition. Ellen’s Ellenpro is really the answer to your business dream.
Or is it? Ellen Lin Is this a scammer who wants to take your hard-earned money? To give you an answer, I’ve conducted some research on Ellen Lin Follow her course Million Dollar Golden Formula.
At the end of this article, I’ll also tell you A better option is to start an online business that makes six figures and has zero risk.
Below is what I’ll cover in the review of Ellen Lin Follow her course Million Dollar Golden Formula.
Who is it? Ellen Lin?
Ellen Lin She is an online entrepreneur who made seven figures from Amazon each year.
But her success doesn’t happen out of the blue. To go from a small eBay seller to a top seller, and reach two million in sales, it took five years of tears and blood.
Inspiring is her story of success from rags to riches. She started out with $600 in her pockets and used her garage as a shopfront to sell products from Taiwan to US customers.
She is bilingual and can communicate in three languages with suppliers and customers from different countries.
Fast forward to 2020 and she is now the coach for more than 350 students from over 12 countries. Her students, who were unaware of the business opportunities, are now their bosses.
What is Ellenpro?
Ellenpro, an education company, was established by Ellen Lin. It teaches people how to create a successful Amazon store.
Ellenpro is a well-known brand in South East Asia, having been featured on Grant Cardone TV (NBC, FOX), The Huffington Post (FOX), and Grant Cardone TV (NBC, FOX).
Ellenrpo may not be well-known to those outside of China. Ellen Lin doesn’t offer any training programmes in English.
Ellenpro has two Amazon courses, the Amazon Beginner Package as well as the Amazon Master Course. Million Dollar Golden Formula.
What’s Inside Ellenpro Million Dollar Golden Formula?
The flagship programme on Ellenpro – Million Dollar Golaen Formula The following content is available:
- This guide will show you how to validate your ideas and find the right niche.
- How to source the best products and convert potential customers into buyers.
- Explains how an entrepreneur can overcome the downs and continue to generate steady sales.
- This site provides you with tips and tricks to help you stay ahead of your competition and grow your business.-Amazon sellers would be exposed to the same risks
- This course will instill entrepreneurship in the students
- This guide will show you how to scale your business even if you are just starting to sell on Amazon.
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Ellenpro’s Pros and Cons Million Dollar Golden Formula
The Pros
- The course is comprehensive and informative.
- It’s a great mentorship opportunity. Ellen Lin Keep trying to help
- The personality Ellen Lin This is a big plus for this program. I found her knowledgeable and well-versed in Amazon business.
As we’ve seen, there are pros to this program. We should also consider the cons.
The Cons
- It is not easy to manage an Amazon FBA business. But, it was something I enjoyed. Ellen It is often overlooked how hard it takes to become a top seller in 2020.
- Amazon can be expensive to operate a business. Stock must be purchased and advertising money must be spent. The later expenditure is downplayed in the promotion of Ellenpro’s programme.
It is Ellen Lin A Scam?
I wouldn’t say Ellen Lin Ellenpro is a scam.
After doing some research, I discovered that she had sold two million dollars. But Ellen didn’t show you the net profit.
My observation is that Amazon vendors have a marginal profit margin that is slightly lower than 10% due to intense competition.
In fact Ellen Amazon FBA is not an easy business to start. It requires perseverance and a relentless focus.
Amazon FBA: The Problems Ellen Lin Doesn’t Tell You
Below are the reasons why I don’t recommend the Amazon FBA business model.
FBA businesses require a substantial upfront cost
You’ll need $15 to start a business on Amazon.-Minimum 20k
Besides, since you can’t get started without any knowledge, you have to pay for an FBA course such as Million Dollar Golden Formula It is very expensive, especially for novices.
Additionally, you will need to spend money for product samples, inventory and labeling as well as shipping and delivery costs.-Per-Click advertising and Amazon Marketing Services. The first 10k will be quickly exhausted once you start selling on Bezo’s platform.
In one sentence, it’s time-It is time-consuming and expensive. If you don’t want to put your hard-earned money at risk, it is important that you think carefully.
FBA business model is complex
Amazon can do a lot for you but it takes a lot to get your product listed up and optimized.
A daily routine includes many tedious tasks. You will need to make deals with suppliers, compare shipping companies and freight forwarders, and adhere to the Amazon regulations and those of local governments.
For beginners, this process can be too complex for those who are looking for a side business or passive income that doesn’t require much time and investment.
Cash flow is not instantaneous
Cash flow is vital to a business’s survival. Amazon FBA is a business model where sellers must invest substantial amounts of money to buy inventory from Chinese suppliers.
The costs for creating a private label product will be higher if you are looking to make something unique. You can expect to pay several hundred dollars for a prototype in China, according to most manufacturers. If you don’t trust me, you can ask for a price on Alibaba.com.
Most cases, production can take less than 1-Depending on the product and the quantity, it can take up to 2 months. After that, shipping and custom clearance take 2 weeks before the product arrives at Amazon warehouse.
This process indicates that it can take up to months before you’re paid for the inventory you bought.
Profitability is reduced by price war
Amazon is awash in price wars. If a seller attempts to attract more customers by dropping their prices, then other sellers will also have to lower their prices.
You might need to reduce product costs in order to avoid a loss. This will lead to lower product quality, negative customer feedback, and a decline in sales.
You will also have to deal the changing laws regarding sales tax, category restrictions, and Amazon policies.
Amazon may even permanently ban your account if you violate any rules.
Is there an Easier & Better Alternative to Make Passive Income?
If you’re new to online business, you might wonder if there’s a better business model that doesn’t need initial capital and can do it as a side-hustle.
Of all the business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
Affiliate marketing allows you to run your business virtually at no cost. Most importantly, you don’t need to invest in creating and developing any products.
Also, it is less time consuming since you don’t have to manage inventory or handle customer service.
While on vacation, you can still make a steady stream from passive income.-time job.
Since the world is full of uncertainty, I’d always choose a business model that has the lowest risk.
Affiliate Marketing: How Much can you make?
A 21-Year old student from my #1 recommended platform for training It was possible to use affiliate marketing Earn $7,395 in a week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has been in existence for more than 10 year and is a source of many success stories.
Here are some more examples. Wealthy Affiliate members have other inspirational success stories.
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Wealthy Affiliate offers a simple pricing structure. It offers premium and free memberships.
Wealthy Affiliate is the place to be if you are interested in feeling it. Register for the starter membership now (no credit card required). With no time limit, you can choose to become a member for free.
As a starter member you get immediate access to the community, livechat, over 500 training modules and 2 classrooms. You can also comment, network, and create a website.
All these benefits can be enjoyed without spending a dime.
Therefore, I recommend that you do so. Register for a Free Account You can see it for yourself.
Ellen Lin – Million Dollar Golden Formula: Sample
Here’s what you can expect in the new book Ellen Lin – Million Dollar Golden Formula
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