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How to make over $10,000 monthly selling on amazon/dropshipping without any investment

Discussion in 'Making Money' started by isaiahz, Jun 15, 2009.

  1. isaiahz

    isaiahz Junior Member

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    How to make over $10,000 monthly selling on amazon/dropshipping


    Greeting fellow wearers of hats in the color of black. Here are a few tips to help you make massive heaps on amazon, tested and proven by myself, 100% obtainable. This takes no investment to start.

    These are just some basic points, if you would like more detail leave a question in the room so everyone can see. I also know tons about ebay too if you need help with that....

    My personal Amazon Tips for You

    I specialize in media, but you can apply this to any product.

    1. Find an category you want to sell in and start making a note of how much items are selling for, example, if Dark Knight Dvds are selling of an average price of $15. Go to sites such as bestbuy, borders etc and see how much they would be there.

    2. You can list an unlimited amount with no upfront fees on amazon, goodbye FeeBay. I would suggest getting a pro account for $40 a month so you can lower your selling fees.

    3. You don't have to be the lowest price, I've sold thousand of products on their, I've had over 200,000 products listed before, maybe 100 of them were the lowest price. I've sold tons of products that were on the 3rd and forth page.

    4. At first I didn't want to sell on amazon because I went and looked at the lowest price like dang...there's no way I can even come close to that price, I just listed some items to see, a few day later they sold. Don't be intimidated by the low price bandits.

    5. Amazon's super fast loading system. All you need on amazon is the products upc code. It already has the pic description etc. You can mass upload upc codes at one time. I've done 50k uploads at once before...how long do you think it would take to get that many products onto Feebay???

    6. Dropship from any retailer. So once you get the price from the retailer, again just make sure you'lll be profitable after fees. You can use an amazon calculator to find out your costs, google it.

    7. Request payment daily. If you dont' have money to cover the cost of your orders no problem. You can request a cash request straight to your bank account daily from amazon. Usually takes 3-4 days. After you get this money, go online and order your customers product from the lowest priced retailer.

    8. Remember to request when you order from your online retail store, that the price not be seen when you ship it.

    9. Sell items over retail and still make money. You know I seen a seller on amazon that was selling all of his books/cds over retail. I was like this guy can't be making money. Then I looked at his volume of products vs how many sales he was making. Sure enough he was. He was almost always the last guy on the last page. But people were buying!! I think he was selling maybe .5% of his inventory monthly. So lets say he has 100,000 products listed, thats 500 sales monthly. Selling at or over retail and buying cheaper online dropshipping he would have an average profit of $5-10. So he was making anywhere from 2500-5k monthly selling at retail.


    I just listed a few tips here, anymore question post them on here and I'll answer them for everyone to see. Yes this works and yes it takes $0 to start up. It's unlimited on how much you can make. There are some sellers on amazon making millions a month. It can and is being done all of the time.
     
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    Last edited: Jun 15, 2009
  2. isaiahz

    isaiahz Junior Member

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    Hey Mike thanks! What do you want to sell, or what kind of products do you like the most..example: music equip, cooking. Search online for the lowest price music supply store, such as guitar center, then resell on amazon for a larger price.
     
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  3. cornettcards

    cornettcards Newbie

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    Thank YOU! How much traffic would you say amazon gets compared to ebay?
     
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  4. nambooooo

    nambooooo Regular Member

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    Really nice :) Just one question, so for example, you're shipping from BestBuy a DVD to your buyer, then he sees, where the DVD is coming from, right? Just doesn't sound right kinda ...
     
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  5. jamesjr7

    jamesjr7 Registered Member

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    Wow what a smart idea! I can hardly believe that people would not be smart enough to shop around, but it is the public we are talking about! Thanks for the method!
     
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  6. isaiahz

    isaiahz Junior Member

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    Hey Nambooo, thanks for writing. Most people don't care...out of my thousands of sales I've only had a couple people be like hmmm ok. You can also use a less known online retail store such as buycotcom deepdiscountdotcom etc. I've dropshipped from amazon to ebay users as well, everything is in minilla envelope, most people just rip it open and are happy to see their product.
     
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  7. isaiahz

    isaiahz Junior Member

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    Thanks James, it's true, your doing the low shopping people don't take the time to do. Buy low sell high...stock market theory applies!
     
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  8. isaiahz

    isaiahz Junior Member

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    Thanks Cards...ebay traffic: 60mill visitors past 30 days:
    amazon: 43 million
     
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  9. Spdbmp

    Spdbmp Regular Member

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    Hey mikeyp;
    Check out this thread, there's some good info there. Also, I put up a large list of dropshippers (post #23) that will work with eGay sellers, so I don't see why they wouldn't work with Ama*zon sellers as well.
    http://www.blackhatworld.com/blackh...59-dropshippers-good-bad-lets-talk-about.html

    Hope that helps! :cool:
     
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    Last edited: Jun 15, 2009
  10. isaiahz

    isaiahz Junior Member

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    Hey Mike thanks! What do you want to sell, or what kind of products do you like the most..example: music equip, cooking. Search online for the lowest price music supply store, such as guitar center, then resell on amazon for a larger price.
     
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  11. ironlifter76

    ironlifter76 Registered Member

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    isaiahz,

    Have you done any specific niche work? Not asking which ones...just if you have done it. Or do you sell according to what you think may be popular or the best prices? Thanks for posting a great, simple, fast way to pick up some xtra cash.

    Regards,
    ironlifter76:coffee:
     
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  12. isaiahz

    isaiahz Junior Member

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    Hey Iron, I do have a specific niche I've been doing for a long time. You can sort on amazon by the bestselling items too if your looking at doing it that way.
     
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  13. Wikolia

    Wikolia Junior Member

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    Ive looked at this too and came to the same conclusion.
    I think half the time people are so dumb they think its actually coming from Amazon! lol

    The biggest thing I can say is look locally at the smaller stores (i.e. not nationwide ones) and see what prices you can pick things up at. There might only be one or two from any given store, but get a few of them under your belt!

    Think about second hand stuff and look at your local second hand stores, these are golden. Also I found TV boxsets were very good (make sure they are the latest though), I could pick up 24 for $25 less than the cheapest seller on Amazon at the time.

    :)
     
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  14. isaiahz

    isaiahz Junior Member

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    Hey nufman, no you can sell from international too, there's plenty of UK sellers on there. You can just ship to americans if you wanted. Just use the same tatic, find a US online retailer that sells the product cheaper(or in my example you can list at retail too) then ship it to your US customer. Or apply the same thing overseas. You can also ship to international customers from the US, just find a retailer that ships there.
     
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  15. isaiahz

    isaiahz Junior Member

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    ---I wanted to add that amazon also gives you a shipping credit too. Say if you sell a dvd, they will cover your cost to ship it!--Try that on Feebay
     
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  16. mrunknown

    mrunknown Regular Member

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    7. Request payment daily. If you dont' have money to cover the cost of your orders no problem. You can request a cash request straight to your bank account daily from amazon. Usually takes 3-4 days. After you get this money, go online and order your customers product from the lowest priced retailer.

    Where did you get this info from all i see is Amazon Transfers Payments to You
    Amazon deposits payment into your bank account every 14 days and sends an email notifying you that your payment has been sent.
     
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  17. isaiahz

    isaiahz Junior Member

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    Hey Mrunkown, your right it's 14 automatic, you can go in and do it manually and get a transfer everyday if you would like.
     
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  18. soonthenet

    soonthenet BANNED BANNED

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    And be ready to submit document once they suspend you if you sell at high volume
    If anyone want to try this method , contact me
    I can dropship many profitable products
    And with old or high rep BHW members , I will only request payment after the items have been delivered to your customers
     
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    Last edited: Jun 15, 2009
  19. soonthenet

    soonthenet BANNED BANNED

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    100,000 products listed, thats 500 sales monthly <== With a new seller account , they won't let you list that many
     
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  20. wordhire

    wordhire Newbie

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    Hehe, retail arbitrage, can simply buy from other amazon sellers that are selling for lower than you.
     
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