A seller doing $50,000 a month in revenue with a 20% net margin is "making" $10,000 a month. They can also be completely broke at the same time. The math of why is worth walking through, because it's the same math that takes down a lot of growing Amazon businesses.
Most online arbitrage tutorials are lying to you by cherry picking a winning product from weeks ago. Real sourcing is messier but profitable.
I sourced on camera in real time to show you what it ACTUALLY looks like.
Comment "OA" and I'll send you the full video.
@ZachAltmyer@JeffSendsIt This is my struggle. I wanna clean my work space I have so much product in there but on my days off from work I have the need to go out and source
Took 3 weeks off from my 9-5 to travel to the US to visit family.
Currently my 2 Vas are running the business. I’ve delegated 80% of things to them.
Seller snap is running by itself.
1 Va goes over replens.
Other does 100% admin work.
That’s it.
No new products or ASINs to source (it’s not allowed on purpose until I am back from my vacation).
We have enough asins to replen, and enough brands to play with so finding new asins can wait.
Instructions are clear for both of my VAs as I spent 6 months training each one.
Was expecting sales to drop but they haven’t yet which is really nice.
Q3 I should hit 300K and if things go well God willing, I’ll get to 400K for Q4.
See you guys at the Top 🤝 #amz#oa
164% profit growth year over year comes from two places: more volume and better margin. Most businesses get one. Getting both in the same period means the sourcing system is working, not just the revenue line.
It has been 13 days since we launched the reimbursements portal on @FlipAlert
Since then users have clawed back over $34,000 from Amazon in money otherwise lost.
Conventional reimbursement services would have billed over $3,000 to do this.
We charge $0.
At this rate we will help recover over $100,000 in under 40 days from launch.
This works with our free trial as well. Within minutes you can see all the claims with direct steps to submit for your reimbursements.
Can’t recall seeing more amazon hate on the timeline in my 18 months of selling due to the recent changes
Never been more bullish on all amazon models
More hate and tighter cashflow = less competition
I genuinely don’t know wtf is happening and all changes seem to not have an effect on me. Plus my goal was to beat my 9-5 income and I alredy surpassed it by 3x so I’m just grateful I Get to sell and don’t give a fuck about anything else and whatever comes my way I just handle lol
Lots of reasons I prefer a LOC from a bank over a Term loan from uncapped.
1. Your true APR on this is more like 15%. I've had 3 different LOCs from different banks and most i've ever paid is prime plus 1. So right now you looking at around 7.75% which is essentially half of this loan.
2. LOC usually lasts for two years and usually can pretty easily auto renew. So u tap in when u need to, pay it off and dont use it, then tap in again.
So ultimately you may much less in interest, can use when u want and usually can keep it for many years.
If u get a couple years of good tax returns u can get a decent LOC. Started with an $80k one, then switched banks and got a $350k and then switched again and got $750k. Just got to have financials to back it up and then shop around!
I got approved from Uncapped for 65K and it seems like a really good deal and have been using it for inventory purchases.
For Q4 though I’m interested in borrowing over 100K, so if anyone knows someone who can provide a better deal let me know.
I’d appreciate any feedback.
Can’t do 0% Apr cards right now.
This start of Q2 Feels like Q4 tbh
Here is a Fun fact for the new sellers…
I worked 100x harder to get to 30K months than what I did to achieve 30K in a week.
As you sharpen your skills, the game becomes easier in many ways.
So keep hustling and working hard now, and if you do things right, there is light at the end of the tunnel.