Many of you are aware of the course I have been teaching on Amazon Flipping. I have a series of other articles available on this topic as well (see below).
I bought all of these toys pictured above for a grand total of $76.85. They will be sold on Amazon for more than $300. I will earn a net profit of more than $100 for less than an hour of work. As I have mentioned in previous articles, I am now at a point with this that I am about to take it to the next level. I am in the process of putting together the information that I need to be able to start launching my own private label products.
I will keep buying retail and selling on Amazon, mostly to demonstrate the concepts to those that want to 'see' how this all works.I was on my way home last night and saw a banner hanging in front of Family Dollar announcing a clearance sale on toys. All toys with prices of $10 or more were 50% off. Well, this was pretty simply and in about 15 minutes I filled up a cart and headed to the cash register. I would imagine that this same kind of sale is going on all around the country right now (and at multiple retailers). This is not just an 'after Christmas' thing, as I found a lot of items to sell before Christmas as well (see my prior articles).
New Video Being Added This Week
I have made a lot of mistakes figuring this all out. I am going to do another video this sharing all of the ways I have bumped my head, show you how to avoid making the same mistakes.
Here are some of the topics I will be addressing -
- How to remove price tags without damaging the product box (and why you have to do this)
- One simple step to prevent Amazon from splitting up your shipments and costing you entirely too much money for shipping
- How to tap into UPS super deep discounts on shipping through your Seller Central dashboard
- Easily print your shipping labels from Amazon directly and avoid standing in line at UPS.
- Where to find cheap boxes and shipping supplies
- How you can intuitively know what items are deals (when you are doing your other shopping)
- What items might appear to be good buys but are losers
- My terrible experience with selling 'left over' items on eBay
- How to save countless hours by using a desktop price scanner
- The secret to pricing your products. Amazon will suggest a price match to you when you enter a product, but this is not usually the best price for you. THIS IS HUGE.
- Managing your prices against the landscape of competitors (nope, you can't just set it and forget it on your prices).
- How I am using the smartphone apps and what I have learned about the strengths and weaknesses of this tool
- Why your items don't have to be the lowest priced offer to still sell
- How the cash flows from the customer to Amazon and right into my bank account (every week now)
The $99 cost of this training is going to be raised very soon. Once the next video is added, we will likely be at close to six hours of training. I will probably go up to $130 or more. I am also going to throw in a very special and unique bonus (good until Sunday night at midnight). This offer has expired.
FREE SHIPPING SCALE FOR NEW MEMBERS THROUGH SUNDAY NIGHT
I have a small scale like this that can weigh items up to 75 pounds. Once you get the hang of it, you can quickly box up your merchandise, weigh your box, and print out your shipping label. I walk into the UPS Store and simply set my box on the counter and walk out. The cost of my shipping is debited directly from my Amazon Seller Central funds. This was a huge game changer for me in the entire process. This saves a huge amount of time and the cost savings on shipping is enormous.
I am very excited about this opportunity as we get so many e mails from people looking for something they can do from home to earn a few hundred extra dollars. This whole concept has turned out to be even better than I thought in the beginning.
*** By the way, for all those already in my Amazon Flipping program, I am going to give you this new video at no additional cost.
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Helping you make the most of God's money!