Feb 15, 2021
Selling products alone on Amazon can be a handful and intimidating for beginners. Imagine what more inventing your own product would be. We’ve heard stories about entrepreneurs and inventors struggling to make their inventions out and make it to market. Bad news is, not all inventions succeed and sell on Amazon. Good news is, there are consultants like Jim DeBetta who help inventors develop and sell their products.
You have a great idea in mind but unsure on what to do about it or perhaps you need help on finding the right manufacturer for your product. Jim who’s been in the business of inventing and being one of the sharks of Shark Tanks reality show, hear him what you need to know to turn your invention into a real business.
In This Episode:
[00:39] Introducing Jim DeBetta of We Know
Inventing.
[01:48] Jim is one of the sharks of Shark Tank as
someone who brings the products into the stores.
[05:59] Jim talks about what clients need to know
about their buyers.
[07:50] Jim learned the old school way.
[08:17] Jim took the time off and thought about
helping people. It’s then he started consulting.
[09:40] Inventions and patents.
[10:35] Jim talks about how Amazon evolved through
the years
[12:31] What happens when a client wants more than
their 6-8 digit sales and wants to try retail.
[14:49] What does Jim look for aside from client
listings.
[16:17] How does a ME TOO product impact anything
with Jim and getting it in stores?
[19:13] Jim talks about poor packaging.
[20:53] Most sellers’ problem areas
[25:40] Fulfilling bulk orders w/o sufficient
funds through financiers.
[27:40] If a factory cannot fulfill bulk orders on
time.
[31:40] Jim on handling the sales.
[34:15] What is Jim’s track record on getting
people in the stores is 40-50%
[37:45] Top 3-4 Stores to get your products out:
Target, Walmart, Costco, Walgreens & CVS.
Book Reference:
Coaching Millions By: Milana Leshinsky
Guest Links and References:
WEBSITE:
https://www.jimdebetta.com/
FACEBOOK:
https://www.facebook.com/groups/544224225782850/
LinkedIn: Jim DeBetta
Links and Resources:
Wizards of
Amazon: https://www.wizardsofamazon.com/
Wizards of
Amazon Meetup:
https://www.meetup.com/South-Florida-FBA/
Text “Amazon” to 69922
Wizards
of Amazon on Facebook:
https://www.facebook.com/groups/WizardsofAmazon/
Wizards of
Amazon on Instagram:
https://www.instagram.com/wizardsofamazon/
Wizards of
Amazon on LinkedIn:
http://www.linkedin.com/in/wizardsofamazon