My BEST month ever on Amazon FBA - December 2022 - Revealing Profit - Realistic Overview
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- เผยแพร่เมื่อ 8 ก.ย. 2024
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Great video. Gives me real motivation to give this a real go, obviously like you said its going to take time but thats what I am willing to do.
That is really nice to hear. :) That is all what it takes to be motivated and consistent.!
Congratulations, very positive news 🙂👍
Thank you :)
Great work man.
Thank you :)
You say next year you might double this..... I'm 100% confident you will at least triple these figures again!
Cheers mate, that would be incredible! 📈
@@gediminassimkunas3154 You mean, it WILL be incredible 👌
Hello, this is amazing! I am happy and wish you success!
I will try, and my target is to reach £25k-£30k this December! I hope all your tips and videos will help me do this! Keep it up, and thanks for sharing! It gave a significant "charge" and motivation to other sellers like me 😉😀😅.
Hi, thank you for your support! I am glad I can help you and others. Good luck with your 2023!! 🎉🎊📈
Hi great video what was the COST OF GOOD & PROFIT please???
Cost of goods was around 10k n profit around 4k.
Hi, thanks for the video. Did you source your products online or was it only via retail arbitrage?
Hi, so it is mixed of both :)
Hi, Good informative videos.
Do you sell on Amazon New or Used?
Lee.
Hi mate, I resell new stock.
Thanks for the quick reply.
So RA & RO can sell as resell new stock as an option?
@@leehancock2803 so if you buy from retail or online stores you can resell it as new as long as the product condition is decent :)
@gediminassimkunas3154 Thanks for that mate.
I am starting the process this week to open a sellers account. I am looking at Osome, Buybotpro to start.
I will use your links if this helps.
Lee.
@@leehancock2803 Hi mate, that would be great, thanks :) Join my free FB group as well. You can always ask any questions you have :)
Hi how much money do you think you would need to start if you wanted to do this full time
It is a hard question mate. It really depends on how much you want make a month. I would not recommend just jumping into this Full-Time. I would advise trying it out first for few months, research and learn. Once you feel confident go for it.I mean it does take time to find profitible products, know what good product looks like and being able to spend money on products can be challenging too.
Just to add to this as someone who went fulltime from the outset, you will need to model what you want and work backwards. For example, if you want to make £40,000 a year, that means you will be aiming to make £150 daily, 5 days a week 52 weeks a year. On an average ROI of 30%, that means you will need to be spending £500 daily - £10,833 monthly. You then need to factor in all subscriptions - zon, STK, repricer, VA (which you will need), prep center (down the line), VAT (down the line) accounting etc. it's a very hard game doing it full time mate. Be prepared for a LOT of work & failure. What @gediminas said is dead accurate. Test the water before diving in.
did you do this with only retail arbitrage what is your Favorite category?
Back when this video was created. I probably did this 80% from retail Arbitrage and 20% from online Arbitrage. My favourite category is Toys
@Gediminas Simkunas are you still doing retail or did you move to online arbitrage?
@RMP Podcast I am still doing RA. However, not as often at the moment as I have been busy with other priorities. I will be coming back to TH-cam in the next few weeks as I had to take few months off.I will share my story, so stay tuned to this channel:)
@Gediminas Simkunas thank you. I watched all your videos, and it's given me the confidence to take retail arbitrage more serious I'm in united states but it all works the same way looking forward to your next videos
How much £ ur rotating for 4k profit
Around 10k and over a month at the moment.
Is the cost of goods already deducted from that amount? so 4k clean profit after all deductions?
That is correct, 4k profit taking all of the costs into consideration.
@@gediminassimkunas3154 well done mate🥳
@@gediminassimkunas3154 how about the random 3 asin checks for new sellers? I heard they do that very often, do they accept retail invoices?
@@laskoibence hi, I am assuming you are referring to compliance request forms. It not only applies to new sellers, everyone gets them. It is a pain...
@@gediminassimkunas3154 I mean authenticity