I'm incredibly excited to share a major milestone with all of you. Today I 'm gonna share top 5 tips for selling on Amazon.
Thanks to your support and dedication, I've achieved something I never thought possible.
In the past year, my eBay to Amazon flipping business has generated a whopping $500,000 in revenue.
Watch the video below:
(Click here to watch on YouTube)
What is eBay to Amazon Flipping?
Ebay to Amazon flipping is very simple.
I purchase undervalued items on eBay, sellers ship the products to my house, then I box everything up and ship it off to Amazon FBA for a profit.
I use various software and sourcing strategies to find these discounted products on eBay.
If you want to learn how to do this you can check out my masterclass here.
How Much Is Your Profit?
Now, before you get too impressed, let's talk about the real numbers.
After accounting for expenses and costs, my profit came to around $100,000.
This includes removing my cost of goods sold from eBay, paying my virtual assistant sourcing team, Amazon fees, and shipping.
Nevertheless, it's still a significant achievement and a testament to the power of selling on Amazon FBA.
A Shift in Business Strategy
Over the last couple of years, I've shifted my focus from traditional retail arbitrage to eBay to Amazon flipping.
It's a process where I primarily buy items on eBay, get them shipped to my home, prep and package them in my renovated garage, and then send them off to Amazon FBA.
This method allows me to work from home, putting in approximately 10 hours a week, with the occasional uptick when handling my own listing.
Sure, the margins may not be as impressive as those found in thrift stores or garage sales, but the flexibility and convenience it offers are invaluable.
I no longer have to worry about sourcing, as I've trained a team in the Philippines to handle the purchasing process.
This shift has allowed me to focus on scaling my business and increasing profitability.
Lessons Learned
Throughout my journey, there have been some key lessons that have shaped my success:
Consistency is Key: Success doesn't happen overnight. Consistent effort and dedication are crucial for achieving significant results.
Ignore the Naysayers: When I first started, many people doubted my potential, claiming I'd get kicked off Amazon or never find enough inventory. Don't let negativity deter you. Believe in yourself and your abilities.
Find Your Burning Desire: Understand why you want to succeed. For me, it's about financial freedom and the ability to help others. Discover your driving force and let it push you forward.
Help Others Along the Way: One of the most rewarding aspects of my journey is being able to share my knowledge and see others succeed. By giving back to the reselling community, we can all grow together.
The Future Looks Bright
My journey from working at Cracker Barrel to running a successful eBay to Amazon flipping business has been nothing short of incredible.
I'm not the smartest or the most talented, but I refuse to give up.
If you have a passion and excitement for something, don't let anyone hold you back.
It may not be easy, but the rewards are worth it.
As I move forward, I'm excited to see where the next 12 months will take me.
My business is continuously evolving, and I'm always on the lookout for new opportunities.
To all my followers, thank you for your unwavering support and encouragement.
Together, we can achieve great things in the world of reselling.
If you're interested in learning more about my eBay to Amazon flipping journey, feel free to join my masterclass here.
Remember, it's an increadible time to be alive, and with the right mindset and determination, the possibilities are limitless.
Thank you all, and much love!