New Era Reseller
New Era Reseller is the podcast for regular people who want to build a real income using arbitrage strategies, without gimmicks, gurus, or guesswork. Each week we break down the moves that work right now: how to find products that actually sell, how to read the data so you stop guessing, and how to price and restock for steady profit.
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New Era Reseller
What Counts as a Rep: The Number You've Been Measuring Wrong
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James Dyson built 5,127 prototypes. The first 5,126 didn't work. That's a success rate of two hundredths of one percent.
Frank Sinatra recorded more than a thousand songs and only 209 ever touched a chart. Picasso made around 50,000 works, and well under one percent are considered masterpieces. Babe Ruth struck out 1,330 times against 714 home runs, and in each of the five years he led the American League in strikeouts, he also led it in home runs. Same seasons. Same swing.
So here's the question this episode is built on. What if we've been keeping score on the wrong number our whole lives? What if the goal was never the hit rate, and always the attempt rate?
Brian is honest up front that the famous names are the fun part, not the reason. The reason lands around the seventeen-minute mark, when he defines what actually counts as a rep in this business.
A rep is not a lead you looked at. It isn't a product you researched, or a page you've had open for three days. A vetted ASIN plus a vetted source with a known cost gives you a viable ASIN. Clear all three steps of the three-step check and pre-flight inspection and it becomes testable. Buy a small quantity, run the four-week test, and that's the rep. Everything before it is shopping.
Brian puts something on the record here. For five and a half years he taught manual sourcing on this microphone, one product at a time, because he believed the skill was in finding the one. He got off it about eighteen months ago, and not because manual sourcing stopped working. It still works. He got off it because he finally sat down and counted how many ASINs he was touching in a week, and the number was embarrassingly low. "I spent years teaching you to be a better picker," he says, "when I should have been teaching you to be a higher volume tester."
Robin Joy takes the other half. It doesn't take 5,000 ASINs, and it doesn't even take 500. It takes all of them. Every test-worthy lead, every single week, as far as your budget reaches. Decide what you'll spend on testing, then spend all of it, spread across as many ASINs as the money covers. If you've got $400 and forty testable leads, putting all $400 behind your favorite one buys you exactly one rep. Spreading it buys you eight.
They also name the reason people don't. The sellers sitting on thirty or forty testable ASINs who still only test four a month didn't run out of money. They ran out of nerve.
Then the guardrail that makes any of this survivable. The frameworks were never built to make you right. Pre-flight inspection exists so you don't burn a rep on a known bad listing, and capital protection sits inside the three-step check for one reason: being wrong has to be survivable. If you were sure, it wouldn't be a test.
One correction before you overcorrect. Testing is R&D, and R&D is a cost center. Replenishables are the profit center. Test forty this quarter and restock none of them and you're not running a business, you're running a survey.
The quote this week comes from Annie Dillard: "How we spend our days is, of course, how we spend our lives." Five hundred shots a day was never a basketball statistic. It's a description of somebody's life.
Run your own numbers. The Profit Tune-Up is free. Upload your Amazon or Seller Board data, or even a Seller Board screenshot, and get the same review Brian runs in a live coaching session. officialolsons.com
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The New Era Reseller is part of the Modern Builders Network, hosted by Brian and Robin Joy Olson.
Become undeniable.
Cold open: van Gogh, Sinatra, Dyson
Robin JoyVincent Van Gogh made more than twenty one hundred pieces of art. He died thinking that he had totally failed. Frank Sinatra recorded well over a thousand songs, but only 209 of them ever touched a chart. James Dyson built 5,126 vacuum cleaners that did not work.
Brian OlsonAnd we've all heard of these people.
Robin JoyYeah. Yeah. So here's a question. Here's what I want people to do. I want everybody to answer this question for themselves. What if the way we've been keeping score was on the wrong number the whole time? Our whole life. The goal maybe was never the hit rate. Maybe it was the attempt rate.
Brian OlsonInteresting.
How the next 30 minutes go
Brian OlsonNow I'll just try and be honest with you about something right here about these next 30 minutes, the way they're gonna go for the listeners, because I don't want to lose you in the middle. Okay. The first 10 minutes or so we're gonna talk through some of these famous people and some of those big numbers, right? And it's fun and it's true, and it's not the reason that we're here. Okay, the reason that we're here shows up around the 15-minute mark. So stick with us, okay? And when we share the actual reason why we built the three-step check, it's not the reason that you think. And if you've ever stared at a lead for three days and you couldn't pull the trigger, uh, then that part is gonna be for you. So stick around. Because everything on this show comes back to one idea, which is becoming undeniable. Not getting lucky, not getting picked, but being undeniable. Welcome back to the Modern Builders Network. We are the official Olson's. I'm Brian. And I'm Robin Joy. And this is the New Era Reseller.
Robin JoyWe are all in the business of becoming undeniable.
Brian OlsonYeah. All right. Well, get us back into this, Robin.
Robin JoyAll right. Let's go back to Frank Sinatra.
Brian OlsonYeah.
Robin JoyOver 1,000 songs. Wow. 1,000 songs. That's a lot of songs. But only 209 of them hit a chart, right? The Billboard pop charts. Only 209 of them. That's the biggest voice in America for four decades.
Brian Olson40 years.
Robin Joy40 years.
Brian OlsonWow, that's a long time.
Robin JoyAnd most of what he made, nobody remembers if they ever heard it.
Dyson's 0.02% success rate
Brian OlsonAnd then I love this Dyson one, right? Yeah. 5,120 something prototypes. Oh, 27, 5,127. And the first 51,026 didn't work. Say those numbers again. You said them wrong. Did I? 5,127 prototypes. Yes. And the first 5,126 of them didn't work. Correct. Okay. So his actual success rate, two one hundredths of one percent. Holy smokes.
Robin JoyThis one reminds me of uh, you know, we all know about the light bulb at Thomas Edison, right?
Brian OlsonEdison, yeah.
Picasso painted 50,000 times
Robin JoyPablo Picasso. Around 50,000 works. 50,000 works.
Brian OlsonWow. I mean, that's talk about being prolific.
Robin JoyThat's prolific. Like he was he was not to be denied, right?
Brian OlsonI was trying to do the uh the math on this. Is I mean, there's only 300 days in a year, 365 days in a year. Yeah. I don't think he could just do one a day in his lifetime. He had to be doing multiple per day. Booking. Yeah. Right? Booking. There's a word I haven't heard in a while.
Robin JoyWelcome back to the 1900s. Anyway, well under 1% are considered masterpieces. He did not paint 50,000 masterpieces. He painted 50,000 times.
Brian OlsonUh-huh.
Jordan led with the misses
Brian OlsonAnd then there's always the Michael Jordan one, right? In his career on the court as a professional, he missed more than 12,000 shots.
Robin JoyWow. He took 12,000 shots that he didn't make.
Brian OlsonAnd on the Nike commercial he did while he was still playing, he led with the misses, which at that time were around 9,000.
Robin JoyUh-huh.
Brian OlsonAnd that's the number that he wanted you to know. And I think the message, people, it didn't land, right? The message is you got to take the shot.
Robin JoyYou got to take the shot. Vincent Van Gogh, let's go back to him. More than 2,100 works, sold almost nothing while he was alive. So he never knew he had any success, really. He never found out. And that's the part that kind of gets to me. He's a kind of a sad guy, and it's really too bad that he never realized how important he would be to the art world.
The Beatles' 1,200 unknown shows
Brian OlsonYeah, I know. Um, and then there's the Beatles, and I got a little bit of trivia on this Beatles one too. But did you know? I didn't know this part, that they did around 1,200 live performances before anybody knew who they were.
Robin JoyOh, before anybody knew who they were.
Brian OlsonYeah. 1,200?
Robin JoyWow.
Brian OlsonI mean, again, you're probably doing multiple shows per day on the weekend anyway.
Robin JoyNobody no wonder nobody knows how I how many who I am.
Brian OlsonI know, right?
Robin JoyI haven't done anywhere near that many performances.
Brian OlsonSo that's like, you know, 12, let's say if it was one a night, 1200 nights and playing to rooms that didn't care, nobody knew your name, um, nobody was counting. Uh, and they were the whole thing. And here's the little trivia part about it. Everyone knows uh Red Rock's Amphitheater. It's a it's a Denver, I it's kind of a countrywide icon. Like it's the coolest place to go play.
Robin JoyJust natural amphitheater.
Brian OlsonYeah, listen to a show, and uh I've never been. U2 um was there and recorded like Bloody Sunday. They did a whole concert, but the Bloody Sunday video was was recorded there. Just electric energy. I did see uh I did go there a couple times, really cool kind of place. Anyway, the Beatles were there obviously in the 60s, and you know they didn't sell the place out.
Robin JoyIt's a very small venue. It is, yeah. It's not oh my goodness.
Brian OlsonYeah, they didn't sell it out. This is when they were still, you know, yeah, nobody really cared. This is one of the 1200 performances, probably.
Robin JoyRight, wow. Yeah, wow. Okay. Most of those are makers, they make things or they they accomplish things. Now, what about the people who compete for a living? Uh right, like Babe Ruth.
Brian OlsonOh, yeah.
Robin JoyYeah. 714 home runs. Okay, wait for it. 1,330 strikeouts.
Brian OlsonAlmost twice as many fails as home runs. Yeah.
Robin JoyAs almost as twice as many strikeouts. That that doesn't count. You know, the at bats were even more than that because he some of them were not home runs.
Brian OlsonRight.
Robin JoyHe led the American League in strikeouts, in strikeouts five times. You gotta be the best at strikeouts because you've tried so many times in order to be the best at the at the home runs, right? And every single one of those five years, he also led the league in home runs.
Brian OlsonYep.
Robin JoyYou
Babe Ruth, and every strike brings the next home run
Robin Joythink there's a correlation there, maybe? Same seasons, same swing, right? Every he said this, Babe Ruth, every strike brings me closer to the next home run. I love that. I'm gonna make that on a plaque.
Brian OlsonThat's great. Um, and then one of my personal faves, John Elway. Um only uh one quarterback has more Super Bowl appearances, and he I think won all six of them, um, if I remember right. His name is Tom Brady. How could you forget that guy? But John Elway went to five Super Bowls. Five. Five. And he lost three of them.
Robin JoyYeah. More than half of them were losses.
Brian OlsonHow many times do you think he thought about hanging it up?
Robin JoyOh gosh. You know he did. I mean, they talked about it every year. They did. Fans called for it sometimes, some years. I I remember saying before the first Super Bowl win, I remember saying this to you. I am so tired of going to the Super Bowl and losing. If we're gonna lose, let's just don't go to the Super Bowl.
Brian OlsonLet's just don't go to the Super Bowl, yeah.
Robin JoyAnd they they won that year.
Brian OlsonUh-huh. I know. We had a real shock. Yeah.
Marino: the most attempts, no ring
Robin JoyAll right. How about Dan Marino? Another football quarterback. 17 seasons. Wow.
Brian OlsonOh my God. That's a long time. I mean, even for a quarterback. Gives him a pretty long time.
Robin JoyPass attempts he hit. Attempts, pass attempts. 8,358. The most in NFL history by the time he retired.
Brian OlsonHe was the most prolific passer of the team. He was prolific.
Robin Joy3,391 of those passes hit nobody at all. Hit the ground or they were drops, right? They were not in the numbers. And another 252 hit the wrong guy. That would be called an interception. Yeah. And those are never good. But man, he did a lot of attempts. Yeah. And that's what made him famous. The man who never won a Super Bowl holds the record for the most time he tried one Super Bowl and lost it.
Brian OlsonAnd guess what? Still in the Hall of Fame, I'm almost certain. I'd be shocked if he didn't get in on the first ballot.
Robin JoyIt's not the one win that makes you, it's the career of attempts.
Brian OlsonYou know, we talk about longevity in this business all the time, and there's a great example of longevity, right?
Robin JoyHe stayed long enough that what he was doing mattered.
Brian OlsonYeah. Well, and then there's the guy that Marino passed to actually take that record, who also never won a Super Bowl. He played 18 seasons. Eight.
Robin Joy18 seasons. Well, back yeah.
Brian OlsonAnd back then, right? They didn't have any rules to protect the quarterback.
Robin JoyOh my gosh. Comparatively speaking, no. Yeah, their helmets were completely low tech. Yeah. Okay, who was it?
Fran Tarkenton, 18 seasons
Brian OlsonOh, I thought I already said that. I don't think you did. It's Fran Tarkenton. Fran Tarkenton. Okay. Fran Tarkenton is the guy who had the record 6,467 pass attempts, 266 interceptions, and he was throwing in an era, like I said, that was not built for the throwing, for the passing game, right?
Robin JoyYeah, the West Coast offense, that whole thing, nobody heard of it back.
Brian OlsonHe got smashed. I remember seeing highlights of how many times he would got crushed as a quarterback because they just didn't have the same kind of rules in place. And he still played 18 seasons.
Robin JoyThis is during a time when I think of, I think of boxers, right? Every time you throw a punch, you're exposing yourself. In this day and a that we're talking about with Fran Tarkenton, every time you throw a pass, you're exposing yourself. You're putting yourself in danger every single time. And he did that, he did it 6,400 times more than.
Brian OlsonHe also went to three Super Bowls.
Robin JoyThree Super Bowls?
Brian OlsonYeah, he lost all three.
Robin JoyOh.
Brian OlsonOkay. And the two men who held the record for the most times that they've that they had tried have zero rings between them.
Robin JoyWow.
Brian OlsonI'll have to look up who they are. I'm not exactly sure.
Robin JoyWow.
Namath: more picks than touchdowns
Robin JoyThat's interesting. All right, how about Joe Namath? Remember Broadway Joe?
Brian OlsonNo, I remember Broadway Joe. I kind of thought he was a flashing pan, but 13 seasons. Okay.
Robin Joy3,762 attempts, and he complete he completed barely half of them. 222 interceptions against 173 touchdowns. So it had more interceptions than touchdowns. He threw more picks than touchdowns, and he was in the Hall of Fame.
Brian OlsonHe is in the Hall of Fame.
Robin JoyHe is in the Hall of Fame. Even though he threw more picks than touchdowns.
Brian OlsonIt was.
Robin JoyHe was never known as the accurate thrower.
Brian OlsonYep.
Robin JoyHe just never stopped throwing. That's right. Again, this was in an era when throwing was not the like he was one of the one of the quarterbacks that really made throwing passes to get the ball down the field. Important.
Jim Kelly and the win column
Brian OlsonAnd the one that comes to mind for me in terms of not winning Super Bowls, but going a lot is Jim Kelly. He went to four Super Bowls, and not just four, but four straight Super Bowls. As as uh a Broncos fan, I think we did three in four four years or three and five years, and that's really tough to do and lose everyone. And he went four John Elway, too. Straight time. Yeah, you're right. Yeah. Four straight times and didn't lose. And there isn't a person today who wouldn't say that he wasn't a great quarterback, right? Jim Kelly? Oh, shoot, yeah. Absolutely. And but the here's the part that you gotta realize the greatness wasn't ever in the win column. It's not in the win column for him in terms of Super Bowls. It was that he persevered. He kept getting there. He he attempted, he attempted way more attempts than successes, way more failures than successes.
Robin JoyHe never quit trying.
Brian OlsonPretty sure also a first team, first ballot Hall of Famer. Like you nobody questions his great.
Robin JoyYeah, right? Nobody.
Brian OlsonNobody ever. Okay, well, we got a lot of football players on there. I'm sure we could do the same thing with baseball, but I don't just I just don't watch as much baseball.
Robin JoyAll right. So let's just settle it here. Do you believe that these people, all these people that we've talked about, were successful? No question. No question. And do you believe that they got there by being right more than anybody else? Or by taking more chances?
Brian OlsonYeah, it's obviously by taking more chances.
Robin JoyObviously.
Brian OlsonYeah.
Robin JoyEspecially when you consider more interceptions than touchdowns, things like that. There's there'sn't leading the league in strikeouts at the same time you're leading the league in home runs.
Brian OlsonIf you're measuring those two, you know, being right, being successful, and um uh or taking more swings and not hitting them as a failure, those are the only options you have. Really? Yeah. Right? That's why we talked about 12 different people instead of one or two. Okay. So hold on to that because in about five minutes, I'm gonna turn this number into something that you can actually do this weekend, that you can take action on this weekend.
Robin JoyOkay.
Brian OlsonOkay.
Curry's 500 shots a day
Robin JoyAll right. Curry, Steph Curry.
Brian OlsonYeah.
Robin JoyBasketball player. After practice routine, where he runs 300 to 500 attempts every time. Every single day, since he was a kid. Every day. Wow. His shooting coach counted him for years. Okay. One practice he hit 105 three-point shots in a row. 105.
Brian OlsonI also read that and I'm like, wow, how long did it take? It must have taken him forever to shoot 105 shots, but he actually did it in like five minutes or something.
Robin JoyWell, he did he did that many in in a row because he did this so much. More than five minutes without a miss. That's incredible. Yeah. That's and it was just in practice, but that's incredible. Yeah. What shows up in the game is two or three so shots that we remember, right? Those came out of that 500 that he did yesterday or this morning, right? He didn't get better at what everybody else was really good at. He went and stood where nobody else stood. Okay. And he said, What happens if I stand out here? Oh, everybody's trying to get in there in the in the key and try to make their basket and get out of there. Everybody does the layups and the and those shots that are right near the, you know, jump shots at the basket. Not many people take shots out here unless they have to, out in the three-point range. And he did. He said, What happens if I do this more than anybody else? Can I be that guy that does the three-point?
Brian OlsonWhen I think of Steph
The buy box is the lane
Brian OlsonCurry, I think uh like how does that apply to our business? The lane in basketball, to me, is like the buy box.
Robin JoyYeah.
Brian OlsonIt is super crowded. There's a lot of forces working against you there, and there's a lot of big guys blocking your shots, stuffing you, making layups really, really difficult to do. And let's be clear, like Steph still makes layups. Oh, yeah.
Robin JoyYou know, and he still gets in the keys.
Brian OlsonHe still gets in the lane. He does all of that too. He does that too. But he really, I'll say, perfected the outside shot. And that's a lot of what we try to do with our business as well.
Robin JoyYeah. Find where nobody else is going and see if he can't do something special with that. That's what undeniable looks like. That's what it is up close. More shots that nobody sees.
Brian OlsonYes.
Robin JoyMore times, more attempts. It's not the moment, it's the 500 and day until nobody can argue that you're one of the best players ever.
Brian OlsonBecause you make yourself undeniable. So let's bring this back to the business now. Okay. This is the part I promised you. Okay. This is fun stuff. Let's keep
What actually counts as a rep
Brian Olsonin mind what a rep is when it comes to this business. Okay. To me, a rep is not necessarily a lead that you looked at. Okay. A rep is a test buy that goes in and completes the test cycle. Okay. So let's just break that down for a minute. I'm not going to get lost in the details here. But when you take a vetted ASIN plus a vetted source with a known cost, okay, that becomes your viable ASIN. Viable ASIN. That can actually go in the database.
Robin JoyOkay.
Brian OlsonOkay. And but that getting it into possibilities is not a rep. But viable is one that clears all three steps of the three-step check. You mean testable? A testable, sorry. So what we're looking for here is a viable ASIN that we can turn into a testable ASIN. How do we do that? We're looking for ASINs that pass a three-step check. And I'm not going to break that, get into the details of what that is. And also passes pre-flight inspections, so you're making sure you're not putting yourself in harm's way. And then testable means that you can buy a small quantity and run the four-week test. That becomes the rep, not the lead.
Robin JoySo when you actually test the lead, that's when it's a rep. That's the rep. That's the rep. Not when you look at the weight on the shelf or you pick it up and put it in your area. When you actually lift it one time, that's a rep. When you test it, that's a rep. So when somebody says they worked hard on sourcing all week, which they do. I mean, that's the honest question though that I want to ask them is no matter how many you looked at, how many actually got sent in? How many started the rep?
Why Brian stopped teaching manual sourcing
Brian OlsonWell, that's why I love the way you are focusing on something that a lot of people don't focus on, which is the conversion rate. Now, the in order to get a conversion rate, you have to test. There's just no, and at the end of the day, you know, of two one hundredths of one percent, the conversion rate maybe not that important after all. But the point is, have something that you can measure. So, anyway, testable doesn't mean maybe testable means you gotta test it, right? You already did the deciding the way you went through all this pre-flight and three-step check. So, but I gotta own something here before we really go any further because I am actually describing a mistake that I made for years, at least five, five and a half years of this business, um, which was that I was a staunch manual sourcing guy. And I still don't hate manual sourcing. I mean, I found a way to fall in love with it, and I that was my mantra for a long time. I love sourcing.
Robin JoyI when I does create a bit of a moat in in some ways.
Brian OlsonYep,
Better picker, or higher volume tester
Brian Olsonyep. But it really was one product at a time, right? Hunt it down, Google it, find a source. And I taught it that way on this microphone because I believe that was the skill, right? The skill was in finding one. But I got off that bat off of that about a year and a half ago. And it wasn't because manual sourcing stopped working, because it didn't, it still works to this day, right? But because I finally sat down and commented how many ASINs, counted how many ASINs that I was actually touching in a week. Okay. And the number was embarrassingly low, like way too low. So I had spent years teaching you to be a better picker when I should have been teaching or I could have been teaching you how to be a higher volume tester.
Robin JoyYeah.
Brian OlsonAnd that is really where I think we've made a correction. If that's where you are and I put you there, let's let me help you get out of that. Okay. Yeah.
Robin JoyAnd and I was right there with you, but we have found that you you get this the same or better results, plus a whole lot more information when you become undeniable. Somebody heard the Dyson number and thought, great. So I have 5,000 ASINs to find, two. Yeah, right, right. I gotta do 5,000 ASINs and I'll get two. Yeah. Okay. I have good news. Okay, good.
Not 5,000. Not 500. All of them
Robin JoyIt doesn't take 5,000. It doesn't even take 500. Uh okay. But it does take all of them. Okay. Okay. Every single one that is test worthy every week, as long as you can fund them, you should test them. All of them. Which however many there are. If there are there, there won't be 500, but if there are 20, test 20. However, if you if you can fund them every single week.
Brian OlsonSay that one more time.
Robin JoyNot just every week. Every single week.
Brian OlsonEvery period. Single period. Week period, right? Because why? Consistency key.
Robin JoyConsistency key.
Brian OlsonYeah. You guys know what that is. Well, and just here, let me try and just straighten this up a little bit, okay? Because what you just described is a ceiling, and most of us and most people are probably standing or and looking at the floor. So if you've got 40 testable ASINs and $5,000, I have said before, and I just want to clear that up, don't go test 40 this week. Okay. This really becomes a math problem and a systems problem that we don't want to have to deal with later on. So my my my guidance, my suggestions is don't test everything. Okay.
Robin JoyAt once.
Brian OlsonAt once. Yes.
Robin JoyYes, test everything. Test them, all of them.
Brian OlsonYeah.
Robin JoyYou just don't have to test them all at once.
Brian OlsonYou clearly
Spend the whole testing budget
Brian Olsondefine what it is that you're going to spend on testing every week and then spend all of it. Like don't not spend the money, right? Don't chicken out. Um, and spread it across as many different nations as you can that the money will cover so you can maintain your diversity and learn more. And the second half of that is what a lot of people miss, I think, because if you've got $400 to test and you got 40 testable leads, don't put 400 into the one lead that you like best. And I think that's what a lot of people do. I think so too. Right? Because that's only one rep, right? So if you spread it out, you can get five or eight or maybe 10, right? So it's the same money, but eight times the number of shots. And that's what we're looking for.
Robin JoyYeah. You already picked the three-step check picked for you. It was an easy pick. So go order those. Stop shopping yourself. Stop trying to, oh, this one might be better. This one. The whole point is it's a test. We don't know which one's better yet. Exactly. Test them all. You'll be surprised.
Brian OlsonYou said just the three-step check told you. Let's be clear. You define what's in the three-step check. So you already told yourself. It's basically the same thing.
Robin JoyYou already made the decisions of what becomes a testable AC.
Brian OlsonWhatever number that it is that you pick, whether it's eight tests, three tests, or even one test a week. You know, because the you there's no problem in testing a low number as long as you're doing it consistently. A problem is when you end the week with your weekly budget being not completely spent. Yeah. Right?
Robin JoyAnd that clears up the problem with, well, I only found one because I didn't work as long and I didn't. So I did I only tested one. That's not a reason to only test one.
Brian OlsonYeah.
Robin JoyA reason to only test one is I ran out of money.
Brian OlsonYeah, yeah, yeah, yeah, for sure. Or I'm starting with a small budget, right?
Robin JoyDon't give yourself the chance to have more to test.
Brian OlsonAnd so this is what I see a lot of times. Somebody will be sitting on 30, 40, 50, 60. One person had 700 testable ASINs, right? Yeah. Not that same person. None of these people, by the way. But if that happens to be you, you got to test more than four a month.
Robin JoyYeah.
They ran out of nerve, not money
Brian OlsonRight? And a lot of people I see doing that, they do test a small number, and it ain't because they ran out of money. It's because they ran out of nerve, right? They couldn't make the decision and they get hung up in this analysis paralysis thing. Yeah. Okay. It's real. It's real. So let's talk about what does missing so many shots actually mean? Okay. Okay. So the the frameworks. Why do we make the frameworks this way? The frameworks are shaped the way they are because we don't think that we've ever said it in this order. So let me clear it up. Okay. We have the pre-flight inspection, and this exists so that you're not burning a rep on a known bad listing. Yeah.
Robin JoyLike, oh shoot, that was a and putting yourself at risk of getting in trouble over it.
Misbranded listings and IP complaints
Brian OlsonThat was a waste, right? We want to check brand accuracy. Can we supply everything that is included in the listing? Would a buyer be confused? You know, like I still hear it to this day. The number one reason that people get IP complaints and get their accounts suspended is because they're selling on misbranded listings. It's the e one of the easiest things to fix, right? To avoid, I should say. The second thing is capital protection, right? That capital protection piece is inside of the three-step check. And this is the most important piece. And you've said it before too. I don't even care if it has velocity or even potential profit unless I'm I mean, there's reasons to have those. Yeah. But as long as you've got capital protection.
Robin JoyWhat's the worst thing that can happen? I do think velocity is important there because even if I don't lose my money, I need my money back in a certain amount of time.
Brian OlsonSo that you can take more shots.
Robin JoyBut there's a
Built so being wrong is survivable
Robin Joyreason. This this explains a reason we put the steps in the three-step check. Not because it's going to give you the best ASINs, but it's going to give you the best chance to come out of it unscathed, right?
Brian OlsonThat's the line. That's everything. That is the uh when I started thinking about this, and you're always the turn it upside down person, but we didn't build these to make it so that you were right. Right? So that you would be 100% sure. Because if you were sure, it wouldn't be a test. Right. We built them so that if you were wrong, you could get out relatively unscathed because we know it's about the shots, right? You the more tests, the more reps you can take. So if you think about it that way, it's not about telling you what's a winner, it's about protecting you, right? And you define what those variables uh are when you're defining the three-step check. You're protecting yourself.
"All I got was one sale"
Robin JoySo in this case, wrong has to be survivable. And if it is, wow, go for it, right? So somebody's gonna say, well, I tested it and it didn't test out. All I got was one sale. All I got was a sale. Oh, here we go. Do not tell me all I got was a sale. How many people do I sit across from every week and they say, Oh, I'm not approved to sell anything I want to sell. You know, there is one thing that gets you more approvals. One thing, more sales, more successful transactions. Amazon's clear about that. We see it happening all the time. So don't tell me the sale's not good enough. The sale's good enough for a lot of people. Don't skip past that, okay? But secondly, of course, most of them don't hit.
Brian OlsonAs babe Ruth.
Robin JoyAs Babe Ruth. Exactly. We just gave you several examples of why that's great. That that testing is not failing. The test that doesn't become replenishable is not a failure. That's the model working exactly as it worked for Sinatra, for Picasso, for every single name we just named.
Testing is R&D, not a profit center
Brian OlsonYep, that's a good idea. That's how it works. Now, one more thing, or I will have done some real damage today, just to clear it up. Okay. Testing for us, the way we like to look at it, and hopefully this will frame it up for you in a good way, too, is it's RD. It's your research and development, right? That is a cost center. There's absolutely no two ways about that. You cannot make testing be a profit center. Replenishables are the profit center. Yes. So the whole point is you have to spend money on this, but you want to spend the least amount possible and get it back. And you will, because you're stacking the deck in your favor, right? And you're also going to have some winners in there that should offset that. And then when you do find those ones that become replenishable, that is what is going to make you money. Okay.
Robin JoyYeah, exactly.
Brian OlsonSo
Test 40, restock none, run a survey
Brian Olsonif you test 40 this quarter and you restock none of them, you're not really running a business, right? You're running a survey. And we and we have worked with clients like this before. But yeah, which is there's no profit in that.
Robin JoyThere's value in that in that profit.
Brian OlsonI don't restock, I just keep finding new things to send in.
Robin JoyYeah.
Brian OlsonAnd that's the whole thrill of the chase versus the, you know.
Robin JoyYeah, we've done podcasts on that before. Yeah, you gotta protect both sides of that.
Brian OlsonThat's right.
Robin JoyAll right. Now I have to say the other half are all have done damage too. Okay. On the basketball court. Miss a three-point shot, nobody really cares. Unless it's the last shot of the game. Yeah, well, yeah. But even then, nobody really expects you to make that shot most of the time.
Brian OlsonRight.
Robin JoyNobody does. Miss a free throw.
Brian OlsonOh, yeah.
Hack-a-Shaq and the boring basics
Robin JoyAnd that's different. Right? That's one of the basic fundamentals of a basketball game. Shaq O'Neal. Shaquille O'Neal. Uh what did they call it a shack? Hack a shack, because they knew that if they fouled him, they were the he was the one they wanted to do a pre uh free throw. He sucked at free throws. He sucked at free throws. He just sucked. I mean, he made free throws, sure, but he was known for missing free throws. And that's what he had an incredible career. He was an amazing basketball player, dominant. But how differently he's remembered as the great basketball player that couldn't hit free throws.
Brian OlsonHit free throws. Well, it's like uh same thing with Elway, right? Before he ever threw any passes that mattered, of course, it helped that his dad was a coach. He had thrown it tens of thousands of times where nobody was watching. Because what are you working on? You're working on your footwork.
Robin JoyYeah.
Brian OlsonUm, you're working on your throwing motion, uh, then the reps that, you know, and then finally the game. Yeah. And I'm gonna go off script a little bit here because I think about, you know, a lot of times we are pivoting in our business to something. Uh we're either adding a new strategy, we're changing things up because the marketplace forces us to do so, or we're making that change in our business with a plan most of the time. Um how many times did Tiger Woods have uh debut a new swing in his career? Yeah, right. Right. How many times does a quarterback get new footwork? Every time there's a new quarterback's coach, he wants to do it a different way of doing it.
Robin JoyNew technology in his gloves and exactly, right?
Brian OlsonUm shoes. Or even the the type of balls that he's throwing, right? So depending on the whole uh uh design of the offense. Yeah. So you don't it's not that you just like get one thing, and I bet you, how many uh that guy who painted uh so many thousands and thousands of paintings? Picasso. Was it Picasso? Mm-hmm. Okay.
Robin Joy50,000 pieces.
Brian Olson50,000 pieces. Do you think he painted all in the same style?
Robin JoyOh no.
Brian OlsonYou think he tried some things out along the way?
Robin JoyNo, he's known for specific style.
Brian OlsonExactly.
Robin JoyBut yeah, I'll bet that developed over time.
Brian OlsonYeah.
Robin JoySo our basics are not exciting. Yeah. Okay, you know how I said where you th they throw a three-pointer and if they miss it, yeah, we're okay with that. We're not gonna get upset with that. But if they throw a free throw and they miss it, we expect the free throw. We expect that one to go in most of the time. That's the basics. We gotta get good at the basics. It's not exciting. That's not the most exciting stuff, the free throw. A vetted source, a correct brand, breaking even under a price that held, restock that worked. We do them so many times that they stop being decisions. But that's the boring part. And we have to make it so many times that we don't have to, you know. Now we say to people, you know, yeah, it's a big thing right now, and we want to go get this down, this, this. And we want to do it so many times that next next time you do it, that's just Tuesday. That's just what we do, right? So then we'll not have to worry about whether we have replenishable ASINs if we do that. Because if we do enough testing and make enough attempts, we will get replenishable ASINs out of that. They come automatically.
Brian OlsonThis is all part of becoming undeniable, right? That's right. This is the whole premise of this show, and it's why we named it what we named it, right? The new era resellers is not the one with the best tools. No. Okay. Or the one who can afford to do the most. It's the one who can't be argued with anymore, right? Right. Like there's no question.
Robin JoyEventually, you'll be in the position where you can't be denied. You just have to hang in there long enough to get enough reps in, that happens for you. And then everything else will fall into place.
Annie Dillard, and 500 shots a day
Brian OlsonYep. Brian, do you have a quote for us today? I do have a quote for us. Interesting quote today from Annie Dillard. Haven't heard of her before. How we spend our days is, of course, how we spend our lives.
Robin JoySo if you're the kind of guy who's undeniable, it's also the kind of thing that you're going to do on a daily basis. 500 shots a day is not a basketball statistic. It's a description of somebody's life.
Brian OlsonThat's right.
Robin JoyNobody decides to be undeniable. You just spend enough weeks in a row putting tests in, and one day somebody looks up and they say, I can't argue. You've done enough, you've done enough that there's no way you couldn't have won.
Brian OlsonI think we have decided. We have to have decided to become undeniable. I think so too. I think just we do. I think you're right.
Robin JoyI think you're right.
Brian OlsonAll right.
Robin JoySome don't, but if you do, even better, right?
Brian OlsonYeah. When you're sitting there with a stack of leads that have already passed the pre-flight inspection three-step check, and you're going through them one last time to figure out which one's going to be the best one. You know, like here's that. Test more ASINs. Hey everyone. Uh, this is a new launch podcast for us. Yes, we're going to say test more ASINs. But also just want to say send this to someone you know who's been sitting back afraid to pull that trigger for three weeks. Okay. Thank you all. We'll see you soon.
Robin JoyTalk to you soon.