I sold over 90k in MAY and still have 20k in profit while being full time Army!
2 things I did….
1. I focused and trusted keepa: THE DATA DOESNT LIE. If the product moves BUY MORE
2. I can’t source 24/7 !!!I’m getting money with my group of sellers. My network helps me and I
If you’re a new seller doing less than 25k ish a month and want to connect let me know!!
We can talk processes
Ins and outs and all questions!
Let’s build our network!
I see a lot of people prepping their own stuff…
If you still have a 9-5 and do OA
GET A PREP CENTER
Those hours spent prepping you could be sourcing ….
Money to be made
Lets talk MONEY...
The different between these two screenshots is a discount.
I'm not talking about a promo code
I'm talking about GIFTCARDS
and not cashback either
You can use websites to buy DISCOUNTED gift cards... to factor into your buy cost. $100 gift card you bought
For who ever needs to hear this….
Make your money how you make it!!
If you FBM RA and get 10k in sales and run 30% profit that’s 3grand
That’s the same as OA at 10% with 30 k in sales
Owning a business is crazy. You really just be looking at things differently.
Like I would rather sit at Panera and pay $20 to eat then go to the grocery store cook and then eat.
Coulda dropped 5k on inventory and walked away with 1k profit in that time.
Utilize your time
I lost so much money!!!!
Forgot to check my repricer!!!
I was missing out on an extra $3-4 a unit and it was ripping sales!!
I caught it in time but make sure you check your listings!!!
Never forget to PRIORITIZE YOUR HEALTH
Step away from your computer and hit the gym, go for a run, walk…
Put down the chips and pick up some fruit, beef jerky, veggies….
Fuel your body, fuel your mind, fuel your storefront
I had such a productive call tonight ...
Even though there was only 3 of us tonight so much WISDOM, WEALTH, and KNOWLEDGE was spread.
Shout out to
@Colin_fba
and
@joeypraete
for talking big BUSINESS with me
and thanks
@stephenreinard
for dropping in too!
If anyone wants
People will honestly make fun of you for going out on a limb and doing something for yourself.
The amount of negative/ making fun of my Amazon business I get is kinda funny.
I have a plum that I can spend their salary on in a day.
My wife and kids will never have to worry
Networking is crucial to building a successful business.
Surrounding yourself with likeminded individuals helps elevate yourself so much!!
If you’re a seller, been selling, or just starting selling… build your network
DM ME if you want to network, and help build successful
A sourcing strategy I like to do is to reverse source FBM sellers...
I like the review counts to be 10-50... shows you they're not as new of a sellers
FBM sellers usually RA, OA in-store pick up, and receive OA products faster.
This means you can still have a chance of seeing
I sold over $100,000 my first three months of selling on Amazon…
Here at my three take aways:
1. Ask questions - I was no expert starting out but I wasn’t afraid to text buddies and mentors on what to do
2. Understand credit cards- you can increase spending power by getting a
Top 2 programs to look into…
1. Inventory Labs: this will help you manage inventory both FBA and FBA,
show you your actual profit and margins, and help you keep organize
2. Quickbooks: Your accountant will love you!! You can link all your transactions and credit cards!!!
1 mistake I see sellers make is buying products that makes sense RIGHT NOW
Looking at the whole keepa is a must.
We must understand what the average listing price is and if listing is just super high right now.
Trick to buying when it’s high is in and out quick…
Or else you
Important lesson!!!
There is no shame in asking for help.
There is no shame in contacting other sellers to help you out
There is no shame in getting a mentor to coach you through anything
There is too much money to loose in this industry to “ START SMALL” and “ LEARN ON MY
As everyone is sourcing today for Memorial Day… let’s not forget the men and women that gave their lives for our country…. Generations of people threw on the uniform in the name of FREEDOM.
ALL GAVE SOME
SOME GAVE ALL
Was on a little call with
@pbflipz
and talking about the future. The possibilities are endless. Crazy the successes you can build with your bothers when everyone has a drive to be the best!