Bonus Episode: What You Need to Know About the CARES Act, PPP, EIDL, and Much More with Yamaris Diaz CPA and Virginia Vich
Release Date: 04/13/2020
#403 - Massive Time Saving Tip For Amazon Wholesalers
Wizards of Ecom
In This Episode: [00:20] Introducing Oleg Kuzmenkov of Seller Assistant App [03:10] Reseller pricing [10:00] Price list analyser [15:25] Manually or doing bulk tools [18:20] Price of seller assistant [25:00] Seller Assistant and what they do. Guest Links and References: Website: Linkedin profile: Book References: Links and References: Wizards of Amazon: https://www.wizardsofecom.com/ Wizards of Amazon Courses: www.wizardsofecom.com/academy Wizards of Amazon Meetup: https://www.meetup.com/South-Florida-FBA/ ...
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#402 - The Future of Product Reviews On Amazon
Wizards of Ecom
During his two decades of marketing experience, Shane helped over 100 Fortune 500 businesses grow their digital footprint through influencer marketing.He’s been recognized as a leading marketing influencer by organizations, such as the ContentMarketing Institute. After conquering digital marketing, Shane pivoted toe-commerce, with a focus on Amazon. For the past 5 years, Shane has been working with a team of experts with 20+ combined years of experience in the Amazon industry to master the intricacies of Amazon product reviews to develop TraceFuse, a cutting-edge, 100% white-hat system...
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#401 - How TO Launch A Product On Amazon with Influencer Marketing
Wizards of Ecom
In today's episode, we have William Gasner, CMO of Stack Influence, 6X founder, 7-Figure eCommerce seller, featured in leading publications like Forbes, Business Insider, and Wired. In This Episode: [00:15] Introducing William Gasmer of Stack Influencer [01:15] Story of Stack Influencer [05:15] Automation tools, engagement reach [14:00] Campaign Tiers. [16:15] Do you prefer an influencer campaign first before PPC? [23:00] Conversion Rate. [30:05] Long-term strategy. [35:20] Restricted products. [42:00] Campaign limit for influencers. [46:00] Relationship. ...
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#400 - Are You A Villager or a Werewolf? The Hidden Game Of Ecommerce
Wizards of Ecom
In This Episode: [01:00] Milestone: 400 episodes [02:20] Why this topic? [03:20] What is werewolf game? [08:00] How to be a werewolf in e-comm? Links and References: Wizards of Amazon: Wizards of Amazon Courses: Wizards of Amazon Meetup: Wizards of Amazon on Facebook: Wizards of Amazon on Instagram:
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#399 - Product Sourcing Using The Bird Song Technique
Wizards of Ecom
In This Episode: [02:00]Sourcing product. [04:00] Validation process? [05:00] Soft skills [08:40] Bird Song. [11:00] Mastering the bird song. Links and References: Wizards of Amazon: Wizards of Amazon Courses: Wizards of Amazon Meetup: Wizards of Amazon on Facebook: Wizards of Amazon on Instagram:
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#398 - Anti-Shiny Object Syndrome
Wizards of Ecom
In This Episode: [00:45] The best swimmer in the world. [02:00] Judging by your category. [05:00] Cutting back. [08:00] Anti-shiny object syndrome. Links and References: Wizards of Amazon: Wizards of Amazon Courses: Wizards of Amazon Meetup: Wizards of Amazon on Facebook: Wizards of Amazon on Instagram:
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#397 - Product Not a Fit for Amazon - NO Problem! Use The Rako Playbook To Succeed With Retail
Wizards of Ecom
On Today's episode, we have the team behind RAK-O: Marshall Day, Kevin Sagouspe, and Rako-Rick. This ingenious multipurpose garden tool that combines an adjustable rake & hoe into one, picks up animal waste is easy to use, durable and has a bottle opener too. They discussed their unique product and sales strategies. Despite not being fit on e-con, Rak-o has found success in their niche market. Tune in to learn more about their innovative product and how they have navigated the challenges of selling in non-traditional markets. In This Episode: [00:20]...
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BONUS Episode - The Pros & Cons of Inventing Your Own Product To Sell Online
Wizards of Ecom
In This Episode: [00:45] Introducing Piri Lane of SellerSnap [02:07] What is repricer and why Seller Snap has the highest repricer price? [05:00] Buy box [07:55] Difference between Seller Snap and other repricers. [12:30] Pricing with AI [16:30] Wholebase VS Yoyo [18:50] Yoyo method’s genius strategy. [22:15] Who is Seller Snap good for? Book Reference: Guest Links and References: Email: 15 Day Trial: Links and References: Wizards of Amazon: Wizards of Amazon Courses: Wizards of Amazon Meetup: ...
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#396 - Is Reselling On Amazon Dead?
Wizards of Ecom
On today's episode, we have Chris McCabe, founder and CEO of Ecommercechris.com has saved more Amazon brands from the seedier side of working with Amazon than anybody I know. Today we dive into the world of resellers on Amazon and discuss the recent changes. Chris shared valuable insights including what resellers should do to save their Amazon business. Tune in to learn more and be up to date! In This Episode: [00:15] Introducing Chris McCabe [02:50] Resellers must know. [06:25] Letter of Authorization [09:15] First sale doctrine [12:35]...
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#395 - The Hidden Cost of Success (And Why Most People Won’t Pay It)
Wizards of Ecom
In this podcast episode, we have somebody who is no stranger to failure, bootstrapped businesses from his growing up in Cuba onward. bad in school, lots of ups and downs, has lost it all, in his own words, “a couple of times”. Has dealt with his share of mental and physical health crises, yet despite all of this, is present for this episode, an author, as a super successful businessman who specializes in men's work and PRIDES himself on the importance of family. Joel Gandara shares his insights on “The Hidden Cost of Success”. He discusses his journey to achieving success in...
info_outlineYamaris Diaz is back with Virginia Vich to share all of their knowledge on the CARES Act, Payroll Protection Program, and the Economic Injury Disaster Loan. There is so much information to go through and things are changing daily. If you have to, listen to this episode more than once.
We start off with the CARES Act, what it is, who it’s for, and what you can get. The CARES Act is the bill that was passed into law to help stimulate the economy in this time. There are two arms to that stimulus, one is for families and personal finances, the other is for small businesses.
If you’ve filed taxes in the past couple of years, you will likely be eligible for this stimulus package from a personal standpoint.
Yamaris and Virginia take a LOT of time to go over the PPP and EIDL. Both loans have good and bad things about them and you can apply to both at the same time, but you’ll want to listen in to nail down all the details that we currently know..
Both loans require that you fill out an application. The PPP is potentially forgivable and at this time, there is no direction on sole proprietors being able to apply though that information is supposed to come out soon.
The EIDL has both a loan and a grant aspect. You will fill out a quick application, it is determined what you are eligible for, and then the lender will contact you requesting additional information. If you do receive both the PPP and the EIDL then the amount forgiven by the PPP will be offset by the amount received through the EIDL.
There was so much information to unpack and as both ladies stated multiple times, the information surrounding these acts is changing daily. They both agreed that with or without full information, time is of the essence. There is only so much money being handed out, so you’ll want to work on getting your hat in the ring as soon as possible.
In This Episode:
[00:40] Welcome Yamariz Diaz and Virginia Vich to discuss the CARES Act.
[01:16] Virginia introduces herself and her business.
[01:58] Learn more about Yamaris.
[03:07] What is the CARES act and why is it important for ecom businesses?
[05:21] Are you eligible for the CARES personal stimulus checks and how would you receive them?
[07:22] Who is eligible for the small business CARES stimulus?
[09:30] How is the small business loan made forgivable?
[11:45] Is the form complicated to fill out?
[14:54] Are the documents that you need for the PPP available through your accountant?
[17:07] What are unsecured loans and personally guaranteed loans?
[19:11] Learn how you can apply for these loans even if your bank isn’t able to help.
[20:47] Your VAs must live and work in the US.
[21:28] What else should you know about the CARES Act?
[23:49] The EIDL is completely different. This is a grant program instead.
[26:31] How does this work if you have multiple businesses?
[29:35] EIDL is not forgivable but does have the possibility of an advance.
[30:13] Which loan is easier to get right now?
[31:51] If you’re applying for both loans, you’ll need to hear this part.
[33:16] Final words of advice and connect with Yamaris and Virginia.
Links and Resources:
Text “Amazon” to 69922
Wizards of Amazon on Instagram
VxV Consultin on Instagram
Loan Platforms - www.sba.gov