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A comment on Sellers printing counterfeit books and selling under Amazon's brand. Parent comment

Re:Sellers printing counterfeit books and selling under Amaz... by stagbeetle on Tuesday March 21, 2017 @04:23PM (#13925871)
It's the go to of the (small-business) entrepreneurs all over the web (TheFastlane, /r/entrepreneur, etc.).

I'm fairly certain it started around 4 years ago with Matt Clark's "Amazon Selling Machine." A friend who paid the $1000 let me watch the course and it was a pretty simple (and old) tactic.

Buy wholesale and sell at markup. Except this time you would have it under your own "private label" (i.e a Chinese factory would slap your logo on a generic and sell it to you).

Apparently he made a killing doing the same thing with silicone spatulas.

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Re:Sellers printing counterfeit books and selling under Amaz... by OJFord on Tuesday March 21, 2017 @05:16PM (#13926322)
> $1000 ... course

Wow. Surely the best advice such a course could possibly give would be 'convince people you can teach them to make money, and charge a lot for it'.

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Re:Sellers printing counterfeit books and selling under Amaz... by thejosh on Tuesday March 21, 2017 @05:29PM (#13926438)
Yeah a few years ago it was SEO courses , now Amazon selling courses which are way overpriced, next ... ?

Who gets rich in a goldfish, the miners or the person selling the tools?

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Re:Sellers printing counterfeit books and selling under Amaz... by foota on Tuesday March 21, 2017 @06:02PM (#13926676)
If you're in a goldfish I think you're already out of luck
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Re:Sellers printing counterfeit books and selling under Amaz... by s917 on Tuesday March 21, 2017 @06:20PM (#13926817)
I think he's trying to say "you can't teach a goldmine to ride a bicycle".

Edit: Humorless. Sad.

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Re:Sellers printing counterfeit books and selling under Amaz... by foota on Tuesday March 21, 2017 @08:18PM (#13927521)
I didn't downvote, but I just don't think people understood the joke (I for one didn't)
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Re:Sellers printing counterfeit books and selling under Amaz... by eric_h on Wednesday March 22, 2017 @05:18AM (#13929498)
Pure goldfish, thanks for that.
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Re:Sellers printing counterfeit books and selling under Amaz... by thejosh on Thursday March 23, 2017 @12:23AM (#13937360)
No, meant goldrush, not sure why I typed goldfish..
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Re:Sellers printing counterfeit books and selling under Amaz... by clouddrover on Tuesday March 21, 2017 @07:12PM (#13927133)
> Who gets rich in a goldfish

I think it must be the diver because he found the treasure chest, assuming that it isn't counterfeit:

https://www.amazon.com/Bestgoo-Aquarium-Ornament-Live-Action...

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Re:Sellers printing counterfeit books and selling under Amaz... by antisthenes on Wednesday March 22, 2017 @11:13AM (#13931558)
Historically, the people who got rich during the gold rush were the ones offering services and selling goods to the miners.

So the answer to your question is the latter.

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Re:Sellers printing counterfeit books and selling under Amaz... by oostevo on Wednesday March 22, 2017 @11:19AM (#13931607)
The private labeling strategy is also getting to be a thing in the travel hacking crowd too.

See, for example, http://www.frugalhack.me/2017/02/23/private-labeling-101-int...

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Re:Sellers printing counterfeit books and selling under Amaz... by sytelus on Wednesday March 22, 2017 @02:04AM (#13928791)
http://www.audible.com/pd/Business/Amazon-FBA-Blueprint-Audi...
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