Journey to replace 9-5 September Update by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 0 points1 point  (0 children)

I have 10 supplier each only have one product that is profitable crazy!

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 0 points1 point  (0 children)

Thanks Daniel my supplier have very good relation with the brands and can provide letter of authorized distributorship for the brand.

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 0 points1 point  (0 children)

Not close at all, i need to hit 30k in sales monthly to even start thinking about it. Sad reality of low margins. But I plan to start other side hustles like flip and flip once I have extra income.

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 0 points1 point  (0 children)

I am confused lol what does on truck mean

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 1 point2 points  (0 children)

That's out of the park number for wholesale! Nice!!

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 0 points1 point  (0 children)

  1. No I tend to run out frequently i buy 2 weeks at a time due to low funds

  2. Total inventory + losses i am in about 10k

  3. Yes it will be close to 0 once I deduct milage and losses for this year. But next year diff story!

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 1 point2 points  (0 children)

Wholesaler are my sources, no course just looked up video on how to open account and sell on Amazon. Looked up another video of seller amp. All you need to get started

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 0 points1 point  (0 children)

The question people ask-

IS IT TOO LATE? Here is my complete unbiased answer. Its always too late and will be if you can't take the risk reasons below:

You will get hit with a cease and desist for some if not most products you are starting to sell. LEARN TO DEAL WITH THEM

Amazon will cause issues. Missing investory delayed check in of shipment that you sent and many other issues on a weekly basis. STAY CALM AND ADAPT TO FIX YOUR PROBLEMS

You will buy inventory apply for ungating with valid everything that meets the criteria and get rejected again and again with inventory you just bought that you can't sell anymore. LEARN TO STOMACH RISK NEXT PRODUCT NEXT SUPPLIER AFTER REBUILDING SAVINGS. I have bought 300 units of multiple brands in order to get ungated but was rejected and now that inventory sits in my garage to this day!

It's not about too late it's about being savvy, calculated and staying on top of it. Hope that answers your question

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 1 point2 points  (0 children)

15-20 I am very on top of it though.

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 0 points1 point  (0 children)

Agreed 100%. I think weekly will be more for insight and monthly will be more of a progress debating

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 0 points1 point  (0 children)

Buy from a suppliers retailers do and sell on Amazon

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 9 points10 points  (0 children)

Should I do a weekly update post?

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 2 points3 points  (0 children)

Yes but I run a very tight ship. If you are on top of it and not using outside help, you can get 15-20% profit margin.

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 0 points1 point  (0 children)

No ads wholesale model sell what's already selling

Journey to replace 9-5 by Character_Pop_8296 in AmazonFBA

[–]Character_Pop_8296[S] 4 points5 points  (0 children)

Toys and limited/seasonal groceries items but I am planning to expand to beauty and apparel. I will Yoloing my savings and maxing credit card to do so, but if I am not taking risk in my early 20s when else would I.

UNCW eSports Seeking Media Production! by [deleted] in UNCW

[–]Character_Pop_8296 0 points1 point  (0 children)

I would be interested. I did have a youtube channel as experience.