I've sold over $1.3M in the last year on Amazon
I've made a lot of expensive mistakes that I want you to avoid
Here's what you need to look for in your first products
//a thread
I've made a lot of expensive mistakes that I want you to avoid
Here's what you need to look for in your first products
//a thread
As a preface, the vast majority of my sales come from arbitrage
I buy items from sites like Walmart and flip them on Amazon for more
No ads, brand creation, or complex marketing strategies required
Let's begin
I buy items from sites like Walmart and flip them on Amazon for more
No ads, brand creation, or complex marketing strategies required
Let's begin
1/ Sales Volume
This is big for 2 reasons, probably the most important thing to look for
Selling things faster means more sales for you - obvious win
But there's another reason it helps you win you may not think about
This is big for 2 reasons, probably the most important thing to look for
Selling things faster means more sales for you - obvious win
But there's another reason it helps you win you may not think about
If a listing sells quickly, and the price starts to drop
You can get out much faster - before the price drops to a negative profit
Compare that to a slow-selling product
The price starts dropping, others will react, but low demand won't stop the price falling
You can get out much faster - before the price drops to a negative profit
Compare that to a slow-selling product
The price starts dropping, others will react, but low demand won't stop the price falling
2/ Stability
A product that is profitable today might not have been for the last 364 days
Reference the 30 & 90 day average buy box price - you can see this with SellerAmp
If you are also profitable at those average prices, your item is much more likely to stay good
A product that is profitable today might not have been for the last 364 days
Reference the 30 & 90 day average buy box price - you can see this with SellerAmp
If you are also profitable at those average prices, your item is much more likely to stay good
3/ Seller Count
Some brands heavily control their Amazon listings, others let us run wild
Make sure the item you buy:
-Has 3 or more sellers (generally)
-Isn't sold by Amazon
-Isn't sold by the brand themselves
Some brands heavily control their Amazon listings, others let us run wild
Make sure the item you buy:
-Has 3 or more sellers (generally)
-Isn't sold by Amazon
-Isn't sold by the brand themselves
4/ Hazmat
Use a tool like SellerAmp while you are sourcing to check and make sure it's not hazardous
These products take extra approval - easier places to start if you're just getting going
Use a tool like SellerAmp while you are sourcing to check and make sure it's not hazardous
These products take extra approval - easier places to start if you're just getting going
5/ Gating
Make sure you're authorized to sell the product on Amazon
If you have never sold a brand before it could be "gated" to your account
Buy the item from a wholesale distributor, upload the invoice, and you'll be good to go
Make sure you're authorized to sell the product on Amazon
If you have never sold a brand before it could be "gated" to your account
Buy the item from a wholesale distributor, upload the invoice, and you'll be good to go
People used to lock those distributor names behind $1000 paywalls, which is whack
Our Free Discord community shares specific brand ungates all the time
We also talk product sourcing, captial, and much more
I'll see ya inside the free community!
fieldsofprofit.gumroad.com
Our Free Discord community shares specific brand ungates all the time
We also talk product sourcing, captial, and much more
I'll see ya inside the free community!
fieldsofprofit.gumroad.com
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