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6 Steps to 6 Figures

Selling on Amazon is simple, but it's not easy! After selling multiple millions worth of products online over the course of nearly 20 years, I've experienced the excitement as well as the challenges of making an income online!

The truth is, most who try don't succeed. The marketplace has become far more competitive than when I started... but there is also more opportunity than ever!... and with the right strategy, you can succeed! Don't worry, I'm here to guide you every step of the way!

6 figures in profit on Amazon is possible with 6 simple steps:

1. Set up your business

2. Find products to buy low, sell high

3. Set up account with wholesale suppliers

4. Buy the right products and send to Amazon

5. Monitor, manage and reprice

6. Restock, rinse and repeat

Why Wholesale?

Throughout the years, I have heavily utilized all the main models of selling on Amazon:

1. Arbitrage (buy low sell high)

2. Wholesale (buying from wholesale suppliers and selling their products on Amazon)

3. Private label (creating a unique "brand" and selling my own products)

I've discovered that while arbitrage can bring in some good profits with fairly high margins, I prefer the method only as a startup or a supplement. It's difficult to scale and requires constant effort to "find the next thing"

Private label provided a lot of control since I owned the brand and product(s). However, it typically takes a substantial investment (usually $3,000-$5,000 for a single product), and it's very risky (a lot can go wrong, and it's possible the product won't sell at all and you'll be left with hundreds or thousands of units of "dead inventory")

My bread and butter is now 95% wholesale. Consider the benefits:

- Know if a product will sell BEFORE you buy it

- Buy multiple products from a single supplier to diversify the risk

- Sell brands that customers are already searching for

- Buy wide, not deep (invest small amounts per product)

-Restock winning products again and again

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