Dale Calvert
4-15-2020
If you have been building out and flipping or creating cash flow from affiliate websites, then you have probably heard the news. To say I am disappointed would be a major understatement. I have gone through a lot of disappointments, one took me out of really playing with passion for 15 years, so the Amazon news is not nearly as emotional because thankfully I don’t have other people involved but it is very disappointing. Let me explain.
Personally about 50% of our business time the last 6 months has been on building, buying, selling and flipping niche websites. We have invested an enormous chunks of time and money in this niche. We have several websites that where really starting to gain traction and we saw this as a million dollar a year income opportunity. Flipping websites and domain names is something I have done passively for many years. A project here, and a project there.
However the business model as a whole was really starting to gain steam as more and more investors where starting to enter the market as well as experienced flippers and other entrepreneurs who were starting to take a hard look at the ROI of investing in web properties.
Back in November after a lot of hours of crunching the numbers and getting myself as self-educated on what was going on behind the scenes in this niche, we made the decision to devote a lot more time and money into this niche. We have hired over 1/2 dozen writers, bought 17 web properties, and built out multiple domains we own over the past six months. As a matter of fact this website, onlineauctionu.com is one of them.
With the Amazon announcement yesterday, this really changes everything.
Yes, I am disappointed for myself. But this has a negative effect on so many individual entrepreneurs, vendors and software developers, and training organizations who serve this business model very well.
Here is what Income School founders had to say about this, and I agree.
The opportunity is not gone, before the Amazon announcement you might have been able to start an Amazon niche website and build it to $500 – $1,000 a month in passive income within a year. (This is best case scenario) That income potential has basically dropped 50%.
The challenge with this business model, is you never really know if you website is going to get transaction with google. There are people that have spent a tremendous amount of time and effort building out websites and a year later …. crickets…nothing … no vistors…google doesn’t even know they exist. There are no guarantees you will win, even if you do everything correctly. I could talk a lot more about this but I won’t. In general, I have believe most entrepreneurs don’t mind paying the price, if the promise is CLEAR.
For me personally, I have the resources and can find the people to build out 20 or 30 websites in hopes that 1/2 will hit. I can and have bought several established websites who are already out of what they call the “Google Sandbox”.
My long-term plan was to build income generating websites and sell them on Empire Flippers, Flippa, or one of the other online market places. It will be interesting over the next few weeks and months to see how quickly website values adjust.
In my recent, behind the scenes look at this business model, the promise was clear enough for me, to make major commitments to it. At this time, I really have to step back and re-evaluate everything. It is not like I haven’t had to do this in the past. Not taking the time to stop and re-evaluate a business model when it changes, is the biggest mistake you can make as an entrepreneur. I have certainly made this mistake. You must have the courage to pivot if you need to.
What I have seen over and over is entrepreneurs who find a niche, become self-educated within that niche, get through the grind stage and start profiting and having success, sometimes major success. Then when the business model changes, they don’t have the courage to stop, re-evalute, and then PIVOT if need be. To a large extent that is the trap I got caught in with the network marketing business model.
The sooner you understand, that marketing channels and vehicles change, the better off you are going to be on your entrepreneurial journey.
I hadn’t really planned on going this direction in this article, but I think this is important, and for someone who is just starting, this may speak to you, and serve you well. So if you will bare with me for a minute I will expand a little, then we will return to the main thought of “Is the Amazon Niche Website Business Dead” because that is what Google thinks this article is about, and honestly it is. 🙂
MARKETS AND CHANNELS CHANGE
Some of you may know that I started my adult entrepreneurial career as a 20 year old snot nose kid from a tiny town in Kentucky. Stamping Ground, population 400. I was kind of a rebel, but blessed with the best parents in the world.
That is when I found Zig Ziglar, personal development, and the network marketing business model. To say it changed my life would be the biggest understatement to ever come from my mouth.
After 5 years of grinding hard, spending every free moment on trying to develop the skill sets and mindsets required to become a leader, and build a network marketing team, I was able to leave my job at IBM. It took me 9 years to get to a 92K a year income but my 10th year it jumped to $252,000 and my 11th 1.1 million and my 13th year 3.3 million. All the details are documented at MLM Success if anyone would care to know more.
We were rolling, the 5 Core Systems we developed and refined over the years were creating duplication like the network marketing industry had never seen before or since.
We were developing our leaders from within (not making bridge deals and bring them in from other companies) and NII was on fire. Our infomercial (Dale Calvert Infomercial) was playing in every major city in the USA and Canada, and our company was rated in the Top 5 network marketing companies in the world 2 years in a row. We were the dominant team in the industry, and so far ahead of everyone else, I don’t even know who was in 2nd place.
We developed over 200 six figure income earners on our personal team and had thousands of 5 figure earners and future leaders who were progressing, moving forward and mastering the 5 core systems, and developing their skill sets, and mindsets to become the best team leader they could become. There was a aura around the company that you had to be there to understand.
So what happened?
To make the longest story that would ever be told, short. TWO major things.
1) The Network Marketing Profession moved away from the core fundamentals that it was built upon. Network Marketing came out of the personal development movement. Again this is a topic I could spend hours on, but this is a lesson I hope everyone who reads this article will take to heart.
“When a movement gets away from the core fundamentals on which it was built upon, there is always unintended consequences”
This was about the time the internet really started to gain steam and what I refer to as the paradigm shift of 97 happened. The industry moved into a “Speculation” mode in an attempt to make things happen quicker, faster and easier as I explain in great detail here: The 4 Stages of a Movement.
Entrepreneurs, no matter what your niche. If you are building Amazon affiliate websites, or Shopify stores, or flipping sports cards on eBay. Understanding the 4 Stages of a Movement is important knowledge to internalize, and always ask yourself, where is this market right now?
The 4 Stages Are
1) Awakening
2) Growth
3) Speculation
4) Return or Die
Speculation always creates a down turn in markets and niches. This can be speculation by platform owners, flippers, vendors, or any group in a niche. When short cuts become common business practices, expect the downward trend to start.
The network marketing business model has seen sales volume in the United States drop the past three years in a row simply because the profession has gotten so far away from the core fundamentals that created the growth to begin with. You have self proclaimed gurus trying to teach people how to do , that which they have never done, and unworkable philosophies within the business model like Attraction Marketing has become mainstream teachings. I have talked all about this in detail in the free online training here: MLM SCAM 2.
1998 was the first year in the history of network marketing where sales in the US had actually declined. They recovered in 99 but have been kinda up and down since that time, until the past 3 years. What happened the profession got away from the core fundamentals that it was founded on because of the shortcuts the internet promised.(which honestly had started before the internet) The internet also create a tremendous amount of opportunities for beginning entrepreneurs outside the network marketing space.
I still believe that building a network marketing team, with the right company is the best business model in the world. However most entrepreneurs wouldn’t think of attempting it, and I don’t blame them.
Not because the opportunity isn’t the very best, but because the profession and people in it have drifted so far away from the core. almost to a point of radicalization and self-delusion.
In case you are curious what the #1 network marketing opportunity and the #1 team in the world is today this is it: Top Network Marketing Opportunity.
THE GOOGLE SLAP OF 1997
Search Engines were the wild wild west in the early days. You had Yahoo and Alta Vista and a host of dinky little companies who had purchased an over the counter search engine script and bought a domain, and uploaded the script to a hosting account and Boom, they own a search engine.
I owned a search engine back in the day, I think it was called PurpleSearch.com and I bought the business from a lady on eBay.
As a marketer I advertised on multiple little know pay per click search engines throughout the mid nineties. 7Search.com was one of them and they actually lasted until 2017. But there were many more. I probably have a 1/2 dozen of these websites that I sent my $10 deposit to and never got a click.
You would send in a deposit and then bid on keywords. These small little websites didn’t get much traffic, and you go buy as many keywords as you wanted for 1 cent a click.
Then GoTo.com came on the scene and a lot of marketers starting jumping on the pay per click band wagon. Goto.com became Overture.com. There was a little bit of competition with Overture, but not much, and I made an enormous amount of money selling products and recruiting team members with Overture back in the day.
Then they were bought out by Yahoo sometime in 2003 to try to compete with Google Adwords. However at this point Google had rolled out their adwords platform in October of 2000 and Yahoo was too far ahead to ever catch up.
What can we learn from this?
The trend is your friend in business.
The PPC Click Search Trend was clear. Yahoo could have dominated it, but they got fat and happy, and Google entired the market in 1998, offered better search results, and then rolled out Adwords in 2000 and kicked Yahoo on their butt. It was almost 3 years later before Yahoo bought Overture to try to compete.
Entrepreneurs must have vision.
I had a young man working for me at the time as my web guy who was literally a genius. He turned me on to using Google in 1998 for search, because it was so much better than Yahoo, AOL Search or whatever I was using at the time. I actually bought a lot of Google stock when they rolled out the IPO and did very well with that. It wasn’t a gamble, it was a well researched investment, and I understood their product.
When google rolled out their Adwords platform it was sincerely the easiest money I had ever made. But I want to stress it was because of my entrepreneurial journey and the education I had acquired to that point and time. YOU CANNOT NEGLECT SELF-EDUCATION is you want to be an entrepreneur. When my wife and I got married I told her I only spend money on two things. Memories, and PERSONAL EDUCATION.
In my mind success comes down to 3 things
1) Find a business model
The most important factor is timing in the marketing place.
Is it a business with a growth trend in front of it?
2) Find the RIGHT MENTOR
I don’t give a flying flip how much money they have made. All that matter is how many people have they actually taught to do what they are teaching. I am not talking about how many people they have on social media saying how great they are. I am talking about documented results
like we share at MLM Success.com
3) Go to Work
Knowledge without ACTION creates self-delusion, and Lord knows the entrepreneurial niches are full of self delusional people. However these are the same 3 steps that I follow today when I decide to seriously enter any new market.
That is why I shared Jim & Ricky’s video to start this article. After looking at all the teachers in the build Amazon niche websites space. These guys and a couple of more had documented results of teaching others how to do what they had done.
I decided to get my education from them, because they are the most value focused teachers in the space. Yes there are others whose personality I connected with better, but they didn’t have the track record these guys did.
Does that make sense? Always look behind the curtain and find a documented track record before you give your valuable time and attention to anyone.
So back to google. In October of 2000 when they introduced their adwords platform, because of my experience years earlier in the PPC space, I jumped on it quickly.
I hate to say making money with adwords was like taking money from a baby, but it was like taking money from a baby.
So not only did I make a lot of money with Google stock, (I wish I had held on to some) but I made an insane amount of money just promoting affiliate products from companies and vendors I believed in. Another quick lesson, never promote a product, person, or vendor that you don’t believe in.
In two month in November and December of 2003 I made $182,000.00 just promoting calendars on google adwords as an affiliate. I had zero competitors.
I could go on and on, but I won’t because July of 2006 myself and many of the others who had built the Google platform to what it is today, got slapped.
MARKETERS BUILT GOOGLE! They de-indexed and removed most all of my home business related websites, and the one’s that stayed online my PPC cost increased over 12 THOUSAND percent. Look I am an an honest guy. I have never knowingly promoted a scam of any kind, nor would I.
However some corporate types obviously don’t know the difference between a legitimate business and a chain letter. That has been proven to me over and over on the journey.
I pulled all my ads that day from Google and moved some of them to Yahoo, but the numbers where never the same, and buy this time the Google Adwords movement had started to move in a state of speculation, and people were trying to short cut and gain the system which is probably the reason for the slap in the first place.
It appeared Google threw all home business marketers into the same barrel and a few bad apples spoiled it for everyone. Just remember, no matter what your niche, your space, your business model, You must always take care of the goose that is laying the Golden Eggs. Even though in the end the Goose will attack you and try to drown you in the lake if it can. That is the way this works, you are playing a game that you cannot win, long term.
So you must know what is coming and prepare. Today, I own some ecommerce websites where I know intellectually Google shopping ads, would probably provide a good ROI, but I just find it hard to go back after I have made a clean breakthrough. Is that smart or stupid? Is that being prideful? I sincerely don’t know and have not schedule time to think about it yet. Yes, I schedule time each week to think, I don’t stop and think too much during the work day, I Just GO!
CRAIGSLIST.COM TURNS OFF THE ABILITY TO RUN HTML ADS
For years, Craiglist Ads where my number one source for driving traffic to all my websites. I still use Craigslist for most of our businesses, but the effectiveness is nothing close to what it once was.
Back in the day, you could have a designer/coder create a compelling full color web page, with hot links to any website you wanted online, and drive hordes of traffic to your websites, all day, every day. It was awesome.
There were rules, and limits on how many ads you could run, and how many craigslist accounts could be connected to your Internet IP, but they were reasonable, and fair.
Craiglist was a gold mine.
Then guess what happened? If you have been reading closely, you know, “The Speculation Stage”. Greedy marketers moved in and started looking for quicker faster easier ways to short cut the system.
Dozens of programs where developed, that used ISP proxies to blast the same add in every city in the world all over craigslist. They would work for a few months, Craigslist would shut them down, and there would be 1/2 dozen more craigslist blasters right behind the ones they shut down, and marketers who got there accounts band, would be back immediately with new names, new accounts, and new software to blast craigslist ads.
This went on for years! Finally in 2013 Craigslist said No More, and band all html ads for everybody. Two months earlier I had released my Craigslist Cashflow Course and it was really gaining steam, teaching people how to hire html designers to promote affiliate products and earn several hundred dollars a month in almost 100% automated side gig cash flow.
What is that saying about “One Bad Apple”. There wasn’t one, there were several. However the far majority of Craigslist user appreciated the platform and used it within the guidelines. They, like myself routinely flagged ads that were not with in guidelines.
Remember ……..
However it got to the point, when competitors who were promoting the same affiliate product would click their competitors ads to be band. I cannot tell you how many totally compliant ads I had removed because competitors were flagging them as inappropriate.
I have friends in Florida who built their entire real estate business with html Craigslist Ads and open house announcements. They took a real financial hit when Craigslist made this change. Thankfully they had other side gig income streams to sustain themselves.
I have no real ill feelings towards Craigslist. I saw all they did to try to maintain the integrity of the platform, it is what it is.
Facebook Algorithm Changes
Back in 2016 I signed a year consulting and training contract with a growing network marketing company. Their #1 distributor had hired me to speak for his organization at a live weekend event, the owner was there, and that lead to a year consulting and coaching contract that lasted about two years.
The goal, take a group of network marketing distributors who had built their entire businesses online and teach them the core fundamentals of long term growth and duplication. The owner was a smart guy, and he saw the writing on the wall.
The top money earners had developed the core of their team at a time when Facebook showed 100% of your post to all your friends AND ALL OF THEIR FRIENDS!
Some of you remember those days, don’t you?
At the time he brought me in, it was obvious that the Facebook Algorithm was changing quickly. Facebook started in 2004, and introduced their ad platform in beta at the end of 2007. Buy 2016 when I was hired data was showing that obviously Facebook no longer shared your post with your friends, friends. In fact only about 62% of your own friends and followers were seeing your post.
Facebook needed that space to be able to show ads.
The number of friends who see your post has dropped drastically since that time, the latest data I saw indicated only about 11% of your friends actually see your facebook post.
Am I the only one that thinks that is rediculous? The addictive platform brought everyone online, asks us to set up groups for our customers to hang out in, and now charge us if we want to get our message in front of the people that have requested to stay connected with us. Oh don’t get me started. I understand, and I own stock in Facebook but as a marketer, they are of very little help to my business unless I want to pay for it.
The sad part about my experience working with this company is the Top Money Earners were very resitent to any type of core fundamental training. There only focus was on gaining more customers.
The truth was, they were creating one time buyers, but not true customers. They certainly didn’t like me saying this to their organizations but the owner loved it, because he knew I was right. As I have taught for many years in my retail to recruit training.
If they buy once they are a SUSPECT
If they buy twice they are a PROSPECT
If they buy three times they are a real CUSTOMER
I understand, that my 3-14-29 day customer service follow up system is a lot of work, building a real business usually is. Creating one time buyers is easy if you have a product people want. However, creating a solid customer base systematically is what real businesses do.
Even when “”” Leaders “””” knew the Facebook Algirithms were changing, they resisted anything that may build them a solid business over time if it could slightly diminish their short term earnings.
It is crazy to me, but this is a mentality I see over and over in multiple business models. People tend to choose short term cash grab over solid business strategies most of the time.
One of the questions I always like to ask our consulting clients is are you interest in making money, or building a business that makes you money. Some may think that is the same thing, but deep thinkers understand the difference.
There are actually still network marketing “””Leaders””” or let’s just say people with leadership titles, they are no more a leader than a blind sheep is, who are still enrolling newbies and teaching them to spam their Facebook and other social media accounts daily to build their teams.
As I said earlier, Not taking the time to stop and re-evaluate a business model when it changes, is the biggest mistake you can make as an entrepreneur. The examples of talented people that I have seen fall into this trap are endless, myself included, and I know better.
The Meg Whittman eBay Debacle
In 2007 before Meg Whittman took over as the CEO of eBay their annual sales where 22 + Billion dollars. She resigned or was forced out in 2018.
From a sellers / flippers standpoint she almost ran this beloved company in the ground.
Thankfully last year ebay is making a come back and did 10.2 Billion dollars in sales last year about 1/2 of the 22.8 billion they did the year before she was appointed CEO.
I first heard about eBay in the mid nineties when I was day trading stocks. The eBay stock was very volatile, and that is what i was looking for when day trading. I didn’t even know what they did, and quite frankly it didn’t matter.
A few months later I saw a 20-20 report on TV that I will never forget one statement they made. Over they said it is reported that over 100,000 people make $100,000 a year or more on eBay.
When you stop and think about it, from a real world prospective and you consider that TODAY the average household in the United States makes $63,000 a year, 100,000 people making $100,000+ a year is beyond impressive.
At the time I compared that to the network marketing business model. The truth is, most people that make it to $100,000 a year in network marketing are out of the business entirely within 5 years. Why? They never mastered the core fundamentals of network marketing and learned how to teach and duplicate them through a team as I shared previously.
So that week I started my research on eBay. The more I looked the more impressed I became. To make a long story short soon after as a side gig hobby, I started attending 3 local auctions in our area. I was buying antiques and collectibles, which I knew nothing about and flipping them on eBay auctions, and making over $10,000 a month very very part-time.
It was the greatest thing since sliced bread. That lead me into into importing leather jackets and other new items specifically to sell on Ebay. Overtime we built a business called WeSellForYou.com it was one of the first eBay consignment shops in the United States, our plans were to franchise this. We also developed our complete How to sell on eBay Course and at Internet Marketing conferences around the country I became know as the “How to Sell on eBay” guy.
I have never stopped speaking, consulting, and training for network marketing organizations, but building out the WeSellForYou.com franchise model was my main focus. I actually met my wife when I was speaking at for a network marketing company she was a distributor for. She attended a Saturday training I did, and ended up buying my How to Create Local MLM Leads course, which at the time came with a 15 minutes phone consultation. To make another long story short, during the phone consultation she told me all she wanted to to was make a $1,000 a month to cover her kids private christian school education.
I told her to forget about network marketing and traded out the course she had bought for my eBay course. She got started with eBay and had never even bought anything from eBay, and she became a Power Seller in 90 days and the rest is history.
However along about this time Meg Ryan started doing everything she could to raise the profits of the company while ignoring the sellers that built the platform. Do you see a pattern here?
I don’t need to get into all the details, they are well documented but many established sellers jumped ship and get started with the Amazon FBA program that was just starting to gain some notoriety.
Thankfully Meg is out and eBay is starting to become relevant again. Over the years Dawn and I have sold well over a million dollars worth of merchandise on eBay. We use it primarily to create customer leads for our other businesses as I talk about in my FundedProposals.com course.
Ebay is the perfect platform for those that are starting to learn the flip game to start. We think eBay will continue to comeback. Why? When a company gets away from core fundamentals that created growth, what must they do?
Return to the foundational principles that created the growth to start with.
In my observation, eBay has done this while network marketing has continued down a dead end path to nowhere. Yes there are some individual network marketing companies that are doing it right and doing it well, but at this point in history I should be able to say that about all of them, and I can’t. It is more than obvious to me that Amazon is following the predictable path of forgetting those that built them as evident by the recent announcements cutting affiliate comissions.
The Amazon Kindle Disaster for Publishers
In 2013 if you asked me what I would be doing today, what my primary business focus would be I would have told you without questions. D&D Publishing which is company Dawn and I started earlier that year. I felt we would have dozens of writers around the world writing books for us in niches that they love, and we will be earning $300,000 – $500,000 a year publishing books on Amazon Kindle.
Because at that time we were well on our way. Hiring and testing new authors every week and getting as many books on the platform us we could.
It takes time for someone to write a book. Unfortunately for every 5 writers you hire to write, only about 1 out of 5 where able to write books that met our quality standards at investments that make the numbers make sense.
If nothing we are patient and diligent entrepreneurs, and we had found 1/2 dozen great writers we were keeping busy and looking to add more every day, and where making good money in the process.
Kindle readers where becoming more and more popular, daily you were hearing about a Barnes & Noble or Books a Million that where closing their doors and our business was booming!
Sarah Ashley was one of the many writers we hired who to write about their passion. Sarah was kind of a freaky young lady who was all into ghost stuff.
John Summit is another one of our former authors. I very mind manored, polite man who loved t writ about Blood & Gore stuff.
We were rolling, our income was increasing month over month and at this point I could see a path to a million dollars a year income within 3-5 years.
Then July 2014 happened.
Amazon introduced Kindle Unlimited and for $9.99 a month customers could download unlimited Kindle books a month. Instead of getting paid our normal 70% all sales would go into a pool that Amazon would divvy up based upon multiple factors that no one really understands.
The next month our income dropped 80%, and that is pretty much where it has stayed. After our authors completed the projects they were on, we have haven’t hired a book author since.
D&D Publishing is an asset that creates cash flow every month, and the lesson to learn is maybe we should have continued to have authors write books for us, what could we have built it to now?
Some did, most quit, and there are still Kindle gurus that pitch the business model like it was before July 2014. I have always believed if the horse is dead, get off of it, but when you spend so much time energy and effort down a path sometimes it is hard to pivot, especially if you haven’t identified the next big trend.
Of course, I still have all my personal books on Amazon, it doesn’t cost anything much, and they just generate passive cash month after month.
As I write this article, I am thinking if we decide to continue down the Amazon Niche Website path, maybe I need to look at the Kindle numbers again?
Like niche websites, they are going to create cashflow. You just have to look at the cost to get a book on to the platform, vs your initial cost, but after the cost is recouped from that point on it is all just pure passive profit.
Unlike the Amazon associates affiliate program which could be discontinued all together, I believe the Kindle opportunity will be here for many years in the future. I don’t know, I guess I need to put this topic on my thinking list. I mean really.
The GOOGLE NEAR BY ASIRVIA BUSINESS MODEL.
In October of 2017 I found a business that honestly blew my mind.
Here was the basic idea from my prospective. One of our ecommerce stores is Wildcat Gifts. We specialize in gifts for University of Kentucky Fans.
This is a passion project, because I am the biggest UK Wildcat fan I know, if you cut me I bleed UK blue. So just imagine this 23,000 people go to Rupp Arena for a basketball game or 70,000+ to Kroger Stadium for a football game, and everyone of those fans that walk in the Arena or Stadium who have an Android phone, get my marketing message about the specials we currently have for UK Wildcat Fans at WildcatGifts.com .
You heard right.
How? With a Tech called Google Nearby Notfications and this FOB that I had strategically planted in and around the arena and a bleachers in the stadium.
The possibilities with this tech was endless. I bought the Fobs and subscribed to the service immediately. Then my entrepreneurial mind kicked in. How many other business owners would love to use this tech to advertise their business? Basically all them right?
Upon further investigation I discovered Calvert Marketing Group could market this service and build a sales team through Network Marketing. Long story short we launched this business and it exploded. Creating customers was like fishing in a barrel all we had to do was get this tech in front of local businesses that were advertising. We had a simple direct mail campaign to create leads and we were rolling. Increasing sales and commissions monthly, we were adding new team members every month to our team,
About a year in we were building a growing thriving business with phenomenal sales and customers who loved the product. Then on October 25th, 2018, about a year into this business it happened. Google released a press release saying.
Google announced that Android will discontinue support for Nearby Notifications from December 6th, 2018, citing misuse of the service resulting in irrelevant and spammy marketing messages being delivered as notifications on Android phones.Oct 29, 2018
Like that it was over. A solid year of work and dedication a passive monthly customer renewable income of over $11,000 a month……gone at the push of a button.
Conclusion
Here is my point, along your entrepreneurial journey you are going to have challenges. Many of which you have no control over, it is just part of the game. I am beyond disappointed with Amazon’s decision for all the reason Ricky and Jim stated. We also are very active with Amazon’s FBA program, we have created a six figure income with that program for the past several years.
Over the years we were able to source 3 different products that sold extremely well and we had no competition. We had to test a lot of products to find these. Within no time competition entered the market, AMAZON themselves became our competition for all 3 of the products and of course under cutting our price.
I could go on an on with the disgust I have for Amazon. So it is what it is. If you are going to play in somebody else’s sandbox, you have to play by their rules.
There are more opportunities available today than at any other time in history. As you travel your entrepreneurial journey always be aware of where your vehicle is and do your best to predict where it is going.
Ricky and Jim shared a year ago, that they were taking their focus away from Amazon niche websites. A few months ago they sold several of their websites, maybe they saw the writing on the wall?
If there is anything I have learned over the years. it is you have to keep your mind and eyes open for trending opportunities. When you find them, you have to move forward and take the time to evaluate them. Honestly, I should have jumped more heavily into the Amazon niche website market years ago.
I am glad to have the other business going on. I believe when this Corona virus thing blows over there will be more people open to the idea of home businesses and side gig income more than ever. I believe the number of people that will be looking to start a business from home that they can grow into a full time income is going to increase drastically, and online auction u will be here to support those people.
Too Your Success
Dale
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