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INSIGHTS4 MIN READ

Think out of the box with Amazon

merryman88

Published on April 27, 2014

Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.

Sell on Amazon and make up to 60% Net Profit

With organization like Amazon you have to think out of the Box the commissions they pay are pitiful, don't sell their products and earn a mere 6 to 8% sell your own products and earn up to 60% net profit, they do all the work and you earn a larger % of the profit use their marketing platform.

2013 Amazon Turnover was 79 Billion dollars

last year Amazon turned over over 79 Billion dollars and this year 2014 are expecting to up that 100 billion. Why not get a slice of this . If you want success you have to follow success

You Just source

They even do all the fulfillment for you , all you have to do is source, use your imagination and source the product, you can search the top selling products on Amazon and copy their success it doesn't have to be high ticket product, for example I am proposing to market a product that existing marketers sell for from $9.86 to $17 for basically the same product up to 600 units per day and is ranking 69 in its group, I don't know what the split is but that is the average daily sale of the item, your fulfilment costs ( carried out by Amazon) and Amazons cut is about $4.25 your costs are purchase $1.95 per, shipping from supplier to Amazon distribution $0.95c warehouse sell at lower price $9.86 so thats a clear profit after all costs of $2.71 cents.

!00 sale a day

if initially you you only managed to get say 100 sales of the daily total thats $271 per day profit every day of the month over $8130 dollars a month from one small product and as most marketers who sell on the internet haven't got a clue how to monetize and rack up the sale of their products, by applying the training we get here at Wealthy Affiliates we could probably increase our share of the market up to as much as 50% in the ever increasing sales of this product .

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Order Inventory

My first Job is to send a sample of the product to amazon for approval then order some inventory, List the product and see what happens, I am going to test the market by purchasing . 500 units - Delivered to Amazon UK total cost under $1500 for an initial return after all my costs of $1355 (Pure Profit) No advertising costs or Fulfillment done all done by Amazon. Also Promote this product on your own website , contact your first customers asking them to do a review, the more reviews you have for your product the more you will sell, there many ways to rack up your sales utilizing the Wealthy Affiliate training

Amazon pay out their partners every 14 days,

Isn't that an even better margin than 6 to 8% commission if you sold this as an affiliate your commision would be from 0.59c to 0.71c sold as your own product $2.71c Using all The Amazon facilities

No operation restrictions

The beauty of this business is that you can operate it from anywhere in the world , no restrictions whatsoever you will not be an affiliate you will be an Amazon partner and once you establish one product you can research another product then another and so on - Most products can be sourced from USA, china or southeast Asia without any great difficulty

Quality is paramount

The only thing you must make sure of is the product quality you will not gain any business credibility with Amazon if you try to sell junk. Amazon have many tools within their platform that makes it very easy to research top selling products and their ranking in the Amazon group Similar Google analytics so its not hard to select and source a product .

If anyone wants any more information PM me and I will try to help .

Ray Bowley ( Merryman88 )

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