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Nearly $100 in sales this week doing amazon arbitrage

Discussion in 'Making Money' started by PBNSurprise, Aug 8, 2017.

  1. PBNSurprise

    PBNSurprise Jr. VIP Jr. VIP

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    Have started reselling on Amazon in March. Have been making progress at a snail speed due to lack of funds, but I've been slowly building up. Managed to crack nearly $100 a week and I started sourcing online a week ago. Planning to keep this train going and scale up by adding more inventory. My initial goal is 3k a month or $100 a day profit. Exciting stuff, hustle hard folks and keep earning
     
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  2. HofiKingston

    HofiKingston Newbie

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    Where you got ur products from? And then sell on amazon?
     
  3. staypositive

    staypositive Power Member

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    sounds good, congraz with your progress and good luck.
    can share where u get traffic? adwords?
     
  4. hippo123

    hippo123 Jr. VIP Jr. VIP

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    Get from yard sale, walmart etc?

    Just be careful of the size of the items. Shipping might be the silent killer.
     
  5. fun maker

    fun maker Newbie

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    Good luck
     
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  6. PBNSurprise

    PBNSurprise Jr. VIP Jr. VIP

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    i source locally and sell on amazon

    traffic is amazon

    sourced locally
     
  7. Omirag

    Omirag Jr. VIP Jr. VIP

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    Nice this week has been great! I was making about $20-40 a week and this one I popped up to $130. Maybe amazon changed something? Most likely due to alot of my products are winter based.

    I should also add, "Winter ...em Christmas is coming!"
     
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  8. abdel007

    abdel007 Regular Member

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    good job GL
     
  9. KHer0

    KHer0 Supreme Member

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    Great, you should start building your fan page, a website and subscriber list :)
     
  10. Ronen012

    Ronen012 Newbie

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    Iam also making arvitrage on amazon , pm if you would like, its going me very good for now, maybe we can share some tips each other :)
     
  11. PBNSurprise

    PBNSurprise Jr. VIP Jr. VIP

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    got 2 sales today, things are picking up. also two books i've ordered online have come in so far, sourcing online is awesome
     
  12. Bel1616

    Bel1616 Registered Member

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    how many items have you listed? all in a different niches? (trending ones?)
    ty
     
  13. PBNSurprise

    PBNSurprise Jr. VIP Jr. VIP

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    i have 142 items listed right now all same niche
     
  14. thetoothfairy

    thetoothfairy Regular Member

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    what is gross profit?
     
  15. ytrewq

    ytrewq Newbie

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    hey man, what kind of transportation do you use to send the products to your customers?
     
  16. Omirag

    Omirag Jr. VIP Jr. VIP

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    Damn your winning now. Percentage wise you're kicking my butt, I'm at 550% but you got me by 8 dollars. Time to start a social media push!
     
  17. Omirag

    Omirag Jr. VIP Jr. VIP

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    It is FBA (Fulfillment By Amazon). You basically send your items to Amazon and they fulfill orders for you. Also makes it so you can offer 2 day prime shipping and they handle all the customer service (mostly) and returns.

    Edit: My bad, OP might not use FBA after re-reading (I use FBA). We have discussed FBA in the past, but I am not sure he is using it.
     
  18. IPlease

    IPlease Regular Member

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    Awesome job! Congrats to you on this. Good luck in the future.
     
  19. anatho

    anatho Elite Member

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    142 different products sourced locally? hmmm .... and you are not using FBA? shipping everything yourself?
     
  20. Omirag

    Omirag Jr. VIP Jr. VIP

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    Have you tried opening a personal website? Shopify will let you integrate with Amazon (you have to pay the 39.99 to be a 'professional seller' on Amazon) so you could manage it and use it to boost your presence off Amazon (I never trust these big guys protecting us small guys. Diversify).