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

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flexy

Diamond Member
Sep 28, 2001
8,464
155
106
Yes this is exactly how it works. I also got the tip that "low value" items, like your bracelets, or beard combs for example .. are best since you want to re-sell items where the likelihood for failures and problems is low. You don't want to sell high-tech items you sourced from Alibaba and then run into problems due to defects, returns etc..

Also...my former boss is a total social media maniac.....that means heavy facebook presence, reddit, tumblr, twitter, whatever hipster social media site is "in" right now and then really genuinely engaging with your audience and build a brand and rep...and this is something that takes a lot of work/motivation.

You see, everyone can buy a few thousand bracelets on alibaba for a few pennies a piece. The "art" here is now of course to make anyone WANT to buy those bracelets. In other words, you need to find a niche where there is a demand, and your product must fullfill this demand. And this is not (always) easy.

And the "evergreen" niches, like "make money", or weight loss, there is ALWAYS a demand...but they are extremely saturated.

Years ago, when it was still easy to rank websites, I ranked #1 for a website in the weight loss niche. I got thousands of hits on the website every day. But selling something in this niche (or ad clicks) is a different story.
 

Imp

Lifer
Feb 8, 2000
18,828
184
106
^Serious. I started my website in 2013. It was so easy to get first page search rankings and make clickbait. Then in 2014 or 2015, they changed the algo, everything I had got tanked.
 

Stg-Flame

Diamond Member
Mar 10, 2007
3,706
640
126
Yea, anyone who is making that much per week definitely isn't making Youtube videos to show the world how to steal their own profits.

When I went to work in the oil field, I was pulling in, on average, $12,000 a month and I barely had enough time to drive home, eat, shower, fall asleep for three hours, before I had to get up and do it all over again. Looking back (laid off last November), I don't regret working any of those hours or going three months without a day off. I worked my ass off for everything I own and now that I have a much lower paying job, I'm still working my ass off to keep everything I own. I'd rather actually work for money than piss away my time trying any get-rich-quick schemes.
 
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Mai72

Lifer
Sep 12, 2012
11,562
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I am highly skeptical of those claims.

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

You don't have to be a doctor/lawyer to make a lot of money. There is a pizza place near me that was audited by the IRS, because the owners were hiding millions in cash and not paying taxes on that money.

Btw, if you have a popular pizza place on the boardwalk in NJ it's a gold mind. At least $10k a day. And it's all in cash. Very easy to hide as well.
 

Mai72

Lifer
Sep 12, 2012
11,562
1,742
126
You guys remember Don Lapre? Remember his late night info commercial?

"In my one bedroom apartment, I placed tiny classified ads that have generated me millions of dollars. And you can do the same.".

He ended up in jail and sliced his own throat. :(
 

flexy

Diamond Member
Sep 28, 2001
8,464
155
106
Yea, anyone who is making that much per week definitely isn't making Youtube videos to show the world how to steal their own profits.

When I went to work in the oil field, I was pulling in, on average, $12,000 a month and I barely had enough time to drive home, eat, shower, fall asleep for three hours, before I had to get up and do it all over again. Looking back (laid off last November), I don't regret working any of those hours or going three months without a day off. I worked my ass off for everything I own and now that I have a much lower paying job, I'm still working my ass off to keep everything I own. I'd rather actually work for money than piss away my time trying any get-rich-quick schemes.

Not all of those "systems" are necessarily scammy get rich quick "schemes" although many are. It is true that most marketers often make the most money selling to other marketers, by selling courses etc. on marketing or describing their system. Yes, MANY are over-hyped...and many are re-hashed stuff just "re-packed"..but this is the point here....it's MARKETING, which essentially is the ability to sell everything and make it look like the coming of Christ. And..THIS STUFF SELLS because there are infinite numbers of people who are interested in making money online "easily from the comfort of your home" <---- this thread is a prime example for it!

A good example would be...there are people who have zero experience in making websites and selling online.I could (and already did in the past) make an ebook (better even: "add value" by not making this just a book but an entire COURSE with books, DVDs etc. and a "premium" paid subscription service to a forum etc.) about how to make websites, how to find products and how to sell them....now get some designer, market the shit out of it.

Since I was very active back then, I KNOW that some of the "pros" there made insane money.

PS: "Work"? No. No sane person "works". (Ok, joke, but sorta true). What you do is you hire freelancers from India/Pakistan. You can get a fully-fledged website for €50..you'd be an idiot sitting down and coding yourself. Or you have a freelancer from India write and/or rebrand a software for you, a good example is the "registry cleaner" niche. No marketer sits down and would code this themselves. You have someone make a registry cleaner, cost maybe €100-€300, it sure won't be more, then market it and sell it. CHING.

And better, you HAVE IT SELL for you by other affiliates. There are affiliate programs that pay 75% commission. Say your registry cleaner sells for €47, EVERY affiliate who sells it for you actually earns €35. You "only" get €12 from each sale, but you have thousands wanting to sell your registry cleaner. You sit on your ass, doing nothing.

Now, €47 for a registry cleaner or whatever Ebook...is peanuts. Now look at the insurance niche, or getting real estate etc. leads, You don't sell some €47 ebook, but every sale can be many hundreds, if not thousands. You make, say, 30%-50% on commission for each one.

Do you have an idea what the guys make who have those "insurance quotes" sites, or those "price comparison" sites, pricegrabber or whatever they're called? No one there actually sells a thing, those are affiliate sites of course. You get the idea...
 
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flexy

Diamond Member
Sep 28, 2001
8,464
155
106
^Serious. I started my website in 2013. It was so easy to get first page search rankings and make clickbait. Then in 2014 or 2015, they changed the algo, everything I had got tanked.

2013 was already late, this is when my sites already tanked but I guess it was still, sort-of, possible to rank easy.
Before that, you could rank for the most absurd niches like insurance, weight loss etc...no sweat :)
2008-2013, all my income was "passive" from websites and selling all kinds of stuff while me and wife spent the entire day playing WoW...I just collected the checks and we lived the high life. It was awesome :) I remember getting out the house early in the morning (after playing WoW all night long), and seeing all the "normal" people on their way to work...and knowing I made more than most of them basically doing nothing. It was pretty bizarre.
 

Svnla

Lifer
Nov 10, 2003
17,986
1,388
126
You don't have to be a doctor/lawyer to make a lot of money. There is a pizza place near me that was audited by the IRS, because the owners were hiding millions in cash and not paying taxes on that money.

Btw, if you have a popular pizza place on the boardwalk in NJ it's a gold mind. At least $10k a day. And it's all in cash. Very easy to hide as well.

Let get it straight. Are we talking about revenue or net profit? $10K/day revenue...sure...$10k/day net profit after all expenses (everything) paid...Highly suspect because if that place was such a money maker, people would line up open more pizza/food joints and you have more competiions = revenue/profit heads south.