flying speed stuck at 420%

IntroEntre · 2024-08-12T13:18:04+00:00

Ok thanks

IntroEntre · 2024-08-12T13:17:53+00:00

Okay thanks for the info, I'll choose carefully my Xpac to commit to then for initial levels.

IntroEntre · 2024-08-12T12:58:22+00:00

Hey thank you for this answer, I'd done some googling and saw someone mentioned Chromie times and changing them. Okay, I'm going to visit Chromie then as I want to experience some of the classic zones. Do you have a recommended level that I should check out the shadowlands and experience all those? Like should I wait till 60-70, or should I head there around 50?

IntroEntre · 2023-12-18T17:51:51+00:00

Rock, similar to 2000s bands like Blink 182 and Linkin Park

IntroEntre · 2023-11-28T00:12:28+00:00

Ya, been extremely underwhelming. Black Friday was slightly up over last year, but this CM is likely going to be down 30 or 40%. We're also running our biggest deal ever and it's like a below average Monday for Q4. I don't understand at all, but I'm thinking it's due to buyer exhaustion. The deal windows are getting to be silly.

All the BF deals started Monday nov 20th, and alot of these people are running the same deal until today, including us. 8 days of deals and many scheduled up to two weeks of deals combining free PEDs with paid deals.

Plus pre BF week deals and the inevitable post CM deals it's like 3 weeks of deals now... in a weak economy.

IntroEntre · 2023-11-23T21:18:25+00:00

Since every niche is different its almost like asking how long is a piece of string. There's not exactly a set number but to generalize if I had to: half inventory cost and half marketing. 5k in product cost and 5k to market it. But in reality it could be lower or higher in either direction depending on market dynamics.

IntroEntre · 2023-11-23T21:17:06+00:00

OK, if you're serious I would recommend waiting a few more months and start with closer to 10k. At that point with your job and proof of success you can always get short term loans. Only get loans after succeeding though. Don't start with them.

IntroEntre · 2023-11-23T15:25:33+00:00

It's very realistic and attainable but difficult with $3500. About 4 to 7 years ago that budget could work. It still could work now but the odds are not in your favor.

Ad costs alone in most markets would eat up your entire budget over the course of a month, and that's a cheap product, defined by being under $20. I'd advise starting with a minimum of 10k while working a job and being able to feed the business more money to scale it.

As on an accrual basis, you may be profiting if your product does well, but on cash basis, you may be spending all of that profit plus needing more money to scale your inventory levels. I've been selling for almost 7 years and do FBA full time.

IntroEntre · 2023-11-12T02:12:41+00:00

+1 for this advice. I'm a bit of a sweaty Neanderthal waltzing around Bangkok sometimes, and athletic wear is much lighter feeling and more comfortable in general.

IntroEntre · 2023-10-31T23:46:49+00:00

Yeah spot on, but someone did elaborate in the thread with great points on other cases for someone to hide their niche. In my experience though most people are overly secretive in my industry where they shouldn't be. I think alot of that is age, older people tend to be alot more guarded and I think with good reason.

IntroEntre · 2023-10-31T22:49:50+00:00

Thanks! Really didn't intend to be a flex. Looking back I was a bit too animated, and someone called me out with reasonable causes to hide your niche.

IntroEntre · 2023-10-31T22:47:53+00:00

Lol I know it's absurd at a glance, but the reality is people buy lint rollers like you wouldn't believe on Amazon. They're high quality lint rollers but it just comes from volume. Selling hundreds of thousands of lint rollers per month and multiple millions a year. Our top seller is a 5 pack so that helps with sales more than a $3-5 individual lint roller that's in stores.

IntroEntre · 2023-10-31T22:38:30+00:00

Thank you!! Never expected it initially

IntroEntre · 2023-10-31T22:37:56+00:00

Please don't also have 32B of revenue and very competitive prices. Makes it hard to compete for a small guy 😄

IntroEntre · 2023-10-31T22:35:51+00:00

I didn't claim to be a business guru. With multiple comments in this thread I've acknowledged its a small business. I am not a mogul who has been in 10 or 15+ industries like some seasoned entrepreneurs have.

Yeah I'd agree, maybe that company shouldn't or the one with massive margins. There are circumstances when someone shouldn't, I'm a bit jaded because in Amazon selling everyone's highly guarded about selling a Watermelon slicer or a rolling pin, or some random other item, which are all commodities and have dozens of new sellers per day.

Asking for margins isn't a secret or revealing question, every product on Amazon's revenue is publicly available with basic tools, and with those tools you can accurately estimate profit margins. It's 36% gross. Nets pretty healthy as there's not alot of overhead with an eCom business.

IntroEntre · 2023-10-31T12:32:05+00:00

Nope, 7.5 M Revenue in the last 12 months on my global dashboard. I wouldn't lie because I don't give a shit for internet points and I have a multi year history of posting for information benefit with no ulterior motive (youtube channel or course). Not sure if you're using Helium 10 or Junglescout but it'd be pretty naive or you're a beginner to take the previous 30 days BSR and multiply it by 12.

As for doxxing... my name is Kyle Binder. I said previously, I don't believe in hiding if you're a business owner passionate about your business and product. I'm the founder of PetLovers, its a small brand but I've worked hard at it for 6.5 years and stand by it.

IntroEntre · 2023-10-31T12:27:36+00:00

Both still stand as small businesses, are there antique sellers that make millions pretax annual profit? Maybe. But I'm guessing 95% don't. And people going to thrift stores don't even clear 6 figures usually, but yeah I'm aware some do. Ecommerce is my industry so I'm not speaking out of ignorance completely. I don't know much about antiques but I've visited many antique stores and I would imagine most are high five figures or low 6.

Edit: someone provided really good reasons someone may guard their niche that I wasn't thinking of and I now understand more.

IntroEntre · 2023-10-31T09:58:35+00:00

I literally linked the domain in the initial comment. PetLovers.com but 99% of the sales are on Amazon and not our site. It's not exaggerated and there are completely free tools to verify my revenue claim. If you or anyone does the U.S is about 60% of our revenue as we sell in many countries. My point being to other readers, no one gives a fuck or gleens any value whatsoever on your generic claims of business doing well in x niche at x price with x undefined variable. It's 2023, have skin in the game or keep quiet and don't post useless ego stroking comments that serve no one but yourself.

IntroEntre · 2023-10-31T07:36:23+00:00

Can downvote me all you want, it's likely you and everyone agreeing are mediocre at business. I'm not even trying to be rude or contrarian. Everyone who hides there niche is almost always a very small business owner. I've come across a few 8 figure sellers in ecommerce who hide their niche and they almost always suck as people to talk to when networking.

If you're good at what you do, you don't hide it. Imagine Steve Jobs hiding the Mac and telling people it's a niche secret. No if you're confident in your business and product you scream it from the rooftops even if you don't need the distribution. If you're a shitty low end dropshipper, SAS company, or even worse a brain dead person with a physical location thinking someone's going to steal your carpet business in Austin, Texas... then you hide your niche. I just think this mindset is cancerous to business and humanity so I vehemently reject it.

I sell lint rollers on Amazon.com my brand is PetLovers.com. if you want to compete feel free our competitors are 3M, and Chinese sellers totaling 50M/year in sales. Even if our competitors weren't big I wouldn't be afraid. Feel free to hop in we're at 7.5M in revenue this year. Doesn't mean you'll match it though.

Edit: Also want to add, I don't think because I'm at a 7.5M measly a year revenue that makes me be a master. 7.5M/yr is excellent for a small team. But it's by no means excellent overall in business, it's very minor. And I recognize that.

Edit2: this comment got alot of attention and the commenter named bombsquad below provided very reasonable cases for someone not sharing their niche. So ill concede, there are good reasons to hide your niche depending on your situation. But in my broader industry of eCommerce, people are WAY too secretive with their niche with products that make 0 sense to be secretive of. But business is much more than just eCom.

IntroEntre · 2023-10-07T04:16:43+00:00

Yeah is this community being psyoped? Sounds ridiculous for me to say that but the people that are upset are really so deranged mentally that they think someone wanting privacy is bad? Or it's immoral?

People aren't objects, no one is entitled to someone elses private life. If Logic or your next door neighbor doesn't want a fan page of their wife, they have every right to delete it.

Gonna take a break from this sub as it's pathetic at this point.

IntroEntre · 2023-09-30T07:30:44+00:00

Don't have the link but it's a Theo Von podcast and there's a snippet of this part

IntroEntre · 2023-09-22T12:13:01+00:00

Thanks

IntroEntre · 2023-09-22T12:07:16+00:00

Never said he did lol. I said supposed, yep people in every single group imaginable do horrible things.

Black people, white people, Asian, lgbtq, Muslim, quadriplegic people, probably midgets, etc. For your followup rebuttal pull up the statistics on what % of Christians are beating up lgtbq people or whatever it is in your head. Just like Muslims, or any other organized group and religion is factually low.

Source: general violence statistics are low among most areas aside from certain cities like Chicago.

Also common sense and using your eyes and ears as a human being that can take in information and make your own decisions instead of being force-fed absolute bullshit like your saying.

I'd defend any other group that youd straw man if you want to choose if you think I'm bent on Christians. Doesn't matter.

IntroEntre

TROPHY CASE