How I make $10k a week selling on Amazon.

[Mai72]

Have you guys seen these videos on YouTube?

*How I make $1k a week selling on Amazon.
*How I made $300k a month selling only 2 products on Amazon.
*How I'm able to travel SE Asia while working my Amazon business on my laptop.
How I make $20k a week on Kindle. With little effort.
*How I only had $5 to my name, and now I'm a millionaire thanks to Amazon.
*Follow me on my haul as I make $3k in only 2 hours of searching for product at Target.

And so on...

I don't know how many of these guys are legit. It seems that this is all they do. One guy suspossedly paid off $60k in student loan debt by hustling on Amazon. Another makes $500k a year. The claims are huge.

For people who do not know, you can sell on Amazon. There are a few ways. Retail arbitrage, private label, affiliate marketing. There is drop shipping. I don't know that too well.

Retail arbitrage is when you hit up dollar stores, Targets, Walmart, garage sales, etc. You buy items cheaply and in large quantities. Send them into Amazon to hopefully turn a profit.

Private Labeling is when you order an item from China Could be wristbands for .02 cents. You put your own brand on the wristbands and am them for $4.99. Nice profits.

Affiliate marketing is when you promote s product on Amazon. You could start up YT channel, blog, website. The aim is to draw people to that product by clicking on the link. If they buy, you get a percentage.

So, yea you can make money. Maybe even turn it into a decent side hustle. But $10k a week? $300k a month?

 

[BudAshes]

I make way more than 1k dollars a week and I don't have to sell shit on amazon. I'll even tell you my secret; It's called getting a job.

 

[Mai72]

I make way more than 1k dollars a week and I don't have to sell shit on amazon. I'll even tell you my secret; It's called getting a job.

Yea, but with Amazon I can work 20 hours a week and travel the world. Or, so they say.

 

[Blackjack200]

There was a thread on SA Forums by a guy who claimed to start this site:

http://www.whiskeystill.net/

He said he used Google analytics to figure out what people were searching for, then look for something he could sell without too much competition online. He tried a few different websites, and would completely set them up to accept orders and CC numbers and everything, and then if people actually tried to buy stuff, he would just email them and apologize and say their systems weren't working right, and refund their money.

When the whiskey still site generated a steady flow of orders, he went ahead and set up a drop shipping agreement with a manufacturer, and then started filling the orders. He claimed revenues were about $800k/year with half a million profit if I remember right.

He was banned from the site for racist shitposting and I'm not sure if he ever came back.

I thought about doing the same thing with sky lanterns, but I never did, and now they're all over the internet. Probably wouldn't have worked anyway.

 

[GoodRevrnd]

Strange times we live in when you can get banned from SA for racist shitposting.

 

[Blackjack200]

I think anything goes in GBS, but their other forums are more tightly moderated.

 

[Ns1]

I don't think 10k/week gross is that hard, but I'm calling BS if they're trying to claim 10k/week net.

 

[Svnla]

I am highly skeptical of those claims.

$300K a month or $3.6 million a year? More than doctors and lawyers? Yeah right.

 

[Eug]

The smart ones that were actually successful wouldn't be wasting their time spamming the comments sections of articles. They would keep the work for themselves or friends, or farm it out and make even more money.

IOW, I don't know why you'd even begin believe any of this sort of crap.

 

[BudAshes]

The smart ones that were actually successful wouldn't be wasting their time spamming the comments sections of articles. They would keep the work for themselves or friends, or farm it out and make even more money.

IOW, I don't know why you'd even begin believe any of this sort of crap.

60% of the time get rich schemes work every-time.

 

[HumblePie]

The smart ones that were actually successful wouldn't be wasting their time spamming the comments sections of articles. They would keep the work for themselves or friends, or farm it out and make even more money.

IOW, I don't know why you'd even begin believe any of this sort of crap.

Most of those "claiming" to make this much money so they can "sell you their secret" are in reality making money on selling you lies. Every get rich quick seminar, house flipping, ebay selling, amazon making bullshit story is just that. Bullshit. For every 1 person that actually makes good money with such a venture there are thousands more that lose out.

 

[ponyo]

Those kind of scam videos target the desperate or the naive. Since you watched the video, I can only assume you're one of the two.

You seem big on following quick rich and motivational scammers. You're wasting your time and won't ever get rich trying to emulate get rich quick con-artists.

 

[pete6032]

I don't know how many of these guys are legit. It seems that this is all they do. One guy suspossedly paid off $60k in student loan debt by hustling on Amazon. Another makes $500k a year. The claims are huge.

If you were really making that much money, why in the world would you A) stop to make a YouTube video about it, or B) tell your money making secret to other people?

 

[Stopsignhank]

60% of the time get rich schemes work every-time.

So if I open up 2 of these then I am guaranteed to get rich.

 

[Q]

So if I open up 2 of these then I am guaranteed to get rich.

Back to statistics class for you, Hank.

 

[DaveSimmons]

Most of those "claiming" to make this much money so they can "sell you their secret" are in reality making money on selling you lies. Every get rich quick seminar, house flipping, ebay selling, amazon making bullshit story is just that. Bullshit. For every 1 person that actually makes good money with such a venture there are thousands more that lose out.

Exactly. Why would they be trying to make money from selling "one weird trick" instead of using that trick themselves? Answer: it either does not really work, or pays out minimum wage if it sort-of works.

 

[ImpulsE69]

I made 20k licking envelopes from the comfort of my own home just last week! And that's just my hobby job! You can too. I'll tell you how if you order my video "How to make 20k licking envelopes from the comfort of your own home Volume II" for $29.95+$15.00 shipping and handling! Order now and I'll email it to you within 5 business days!

 

[DaveSimmons]

I made 20k licking envelopes from the comfort of my own home just last week! And that's just my hobby job! You can too. I'll tell you how if you order my video "How to make 20k licking envelopes from the comfort of your own home Volume II" for $29.95+$15.00 shipping and handling! Order now and I'll email it to you within 5 business days!

No, no it should be: "... and I'll send it to you in a licked envelope within 5 business days"

 

[IronWing]

People used to lick all their messages. Barbaric.

 

[Sonikku]

If someone had a get rich quick scheme that worked they wouldn't be spending time and money yelling about it.

 

[IronWing]

I be cool for twenty hours and they pay me twenty grand AND YOU CAN TOO! ASK ME HOW!

 

[Darwin333]

Most of those "claiming" to make this much money so they can "sell you their secret" are in reality making money on selling you lies. Every get rich quick seminar, house flipping, ebay selling, amazon making bullshit story is just that. Bullshit. For every 1 person that actually makes good money with such a venture there are thousands more that lose out.

Exactly. Why the hell would anyone making the kind of money that they claim start selling their business plan for $49.99? Why would a guy who has made millions upon millions as most claim even give half a shit about a measly $50? "I bought this 50 million dollar mansion using my foolproof plan and I took the time to put said foolproof plan into a really easy to use system for you! Instead of continuing to use my foolproof plan I'm going to make a fuckton of competition for myself and sell it to you for just $49.99!!!!"

I know rich people and they don't give half a flying fuck about $50, not even the modestly rich fuckers. I barely give a fuck about $50 and I'm nowhere close to rich.

 

[Skeeedunt]

There was a thread on SA Forums by a guy who claimed to start this site:

http://www.whiskeystill.net/

[...]

Even this required some token degree of research, critical thinking and ingenuity, which is well above the pay grade of people trying to get-rich-quick. This goes as far as to qualify as a clever idea, which can definitely earn you some cash, at least for a while. If you think you're going to make mega bucks exploiting the same arbitrages that people have been bragging about on YouTube for months, good luck.

 

[flexy]

I was a very active affiliate marketer/SEO when it was still relatively easy (Google made things a lot worse in the recent years), so yes, IN PRINCIPLE it is possible. $10k/passive a week would actually be on the low side. But it is ANYTHING but easy, especially for people new to internet marketing.

Recently, as it looks to me, the shift (as it concerns making money w/ Amazon) is now more towards private labelling etc..and not so much "classic" affiliate marketing.

I can give you an example what my former boss did: He started to establish a brand/website in an absolutely genius "hipster" niche, beard oils and beard care products. Selling via amazon white label, HEAVY promotion on social media etc.. up-to and including the UK version of American Idol "X-Factor". Got HUGELY successful. Re-sold the website shortly after for a price that FAR exceeded what they'd expect they'd would sell.

As for "classic" aff marketing, amazon's percentages are very low as compared to other affiliate programs, you would need a massive audience and traffic, some high-profile blog etc. to earn well from selling through amazon.

Edit: Hey ask AT what they make from it....that would be the PERFECT example. Probably "a killing".

 

[Mai72]

I was a very active affiliate marketer/SEO when it was still relatively easy (Google made things a lot worse in the recent years), so yes, IN PRINCIPLE it is possible. $10k/passive a week would actually be on the low side. But it is ANYTHING but easy, especially for people new to internet marketing.

Recently, as it looks to me, the shift (as it concerns making money w/ Amazon) is now more towards private labelling etc..and not so much "classic" affiliate marketing.

I can give you an example what my former boss did: He started to establish a brand/website in an absolutely genius "hipster" niche, beard oils and beard care products. Selling via amazon white label, HEAVY promotion on social media etc.. up-to and including the UK version of American Idol "X-Factor". Got HUGELY successful. Re-sold the website shortly after for a price that FAR exceeded what they'd expect they'd would sell.

As for "classic" aff marketing, amazon's percentages are very low as compared to other affiliate programs, you would need a massive audience and traffic, some high-profile blog etc. to earn well from selling through amazon.

Edit: Hey ask AT what they make from it....that would be the PERFECT example. Probably "a killing".

Yea, private labeling is where the money is at. Suspossedly. You order from Alibaba, have tge items shipped to your door, and send it off to Amazon.

So, say if you wanted to sell braclets. You'd buy them for cheap .20 cents at Alibaba. You can even brand them. Coat you a little more. Resell them on Amazon/eBay for $5.99 make a nice profit.

I can see where people can make money on Amazon. I know people who make a few hundred every week selling on eBay. Maybe even $1k a week by going to flee markets, thrift stores and garage sales. It's possible. But, $10k gross? Every week. Doubt it.