Road to $50/day on Amazon

1st real post on here (aside from searching for some help), but thought I'd share my pain/successes...but here's my journey so far:

Approx 5 months ago I listed 2 items on amazon, then added 3 more within the next month. I priced all 5 items competitively, slightly lower than most competition, but no sales were coming in. I lowered my price to gain attraction as a price leader in my market, but the sales still were not coming in. Reviews really are king in Amazon for driving sales.

I continued researching on here mostly, an started 1 auto and 1 manual PPC campaign for each product. BOOM, sales started happening, but I was losing money every single day.

Reviews were VERY VERY slow to come in, and as usual, most initial reviews were only if there was an issue (although I did get some positive reviews mixed in). I decided to purchase some reviews through here, although its alot more difficult to get trustworthy reviews at a price I can afford. I'm STILL SEARCHING (if anyone is interested) to purchase more reviews for 2 of my items, an having a hard time unless I'm willing to pay alot more.

After about 3 months of heavy PPC fees and losing money...I decided to turn off all of my PPC campaigns an see what happened. VOILA, sales continued to come in...at a slower pace, but I was actually making a profit...every day...and over the course of 45 days, I've been able to average around $40/day or profit or $1,200/mth of profit.

Here's what I found: my ranking moved up to the top 100 or better in 3 of my 5 products during my heavy PPC campaigns (at a HUGE cost to me), but with better rankings and a fair price...once I turned the PPC campaigns off, buyers were still able to find me and purchase my products.

I'm not sure if any of this is valuable to anyone else, but its a quick summary of my journey, the pain an some successes I've learned/experienced along the way.

I'm still interested in buying more Amazon verified reviews if anyone is interested, as I've learned...the more 5 starts I have, the more I'll sell...so, if you want to work with me, please PM me directly.

Thanks in advance and I look forward to hearing feedback on others...maybe a few tips on how to improve my current approach?

As someone who is planning to get on amazon eventually when I have more to invest, this is valuable info to me. Thanks!
Good luck on your journey even though it sounds like you pretty much already made it.

Thanks! Luckily, I had some money upfront to invest in the product and take some early losses. 3 challenges for me now:
1 - I'm pretty much out of excess money and just trying to roll whatever profit I make back into the business so I have to be very specific anf frugal with how I spend it
2 - within the last week of so, I was hit with a wave a negative reviews on one item (only have 14 total reviews and 4 or so are bad, hurting the average) - hence, I need to buy some quickly to bring the star rating back up
3 - THIS IS HUGE for all sellers and something I learned too late - I ran out of inventory on my best selling, highest profit product and won't get back in stock for at least 45 days...awesome planning (being sarcastic)

tnx man for your sharing i have a question for you do you sell others products or your own & how you choose what product people want ??
thank you

i sell products someone else makes for me. I did a pretty crappy job of researching items. I went with a market I'm somewhat familiar with and found items that I could price below $25 each.

Well...fun update: just received an infringement letter from an atty to cease selling one of my 5 products. Good news is after I sell off the remaining 600 or so I have left, I was going to stop anyway. Bad news is I have 600 units in Amazon FBA right now that I'll need to have shipped back to me (great, throwing money I don't have away) and then try to sell them some other way (hopefully). Another painful lesson learned here: research to see if any of the products you're going to sell have existing patents on them already.

Latest update: Should be getting my restock of my best selling item any day now. Unfortunately all of the work (and $ I paid) to get ranking within top 50 has been lost due to being out of stock for 60+ days.

Any feedback or tips on how to get my product back up in ranking quickly while spending the least $ possible?

Watch YouTube videos, they are really good or you can also check Amazon Seller University Videos

Thanks for the feedback. From my initial experience until I ran out of stock, PPC on Amazon does the trick, but was pretty costly.

wow nice up down journey share. how much your total investment was and how much are you earning per product.

I started with 5 products and have narrowed my focus down to 2 that will yield approx $2-3 of profit each once their ranking is in the top 100 an I can keep their star ratings between 4-5 stars. I started out with a loss of roughly $5k, but over the course of the year will turn back into a positive and have a nice steady positive cashflow. The biggest challenge going forward is most buyers only leave organic feedback when they are unhappy. So balancing positive reviews in to maintain the 4-5 star rating is key.

Check this - https://www.blackhatworld.com/seo/get-amazon-fba-course.1021721/