This is a quick story to tell you why the reasons blocking your success aren't actually the ticket to success. It's all a choice.
Last year I began researching a product to experiment with selling on Amazon through FBA. I had money to invest but didn't want to risk it since I had no clue how to sell on Amazon. I found a product that ticked the boxes and started my research on suppliers. One I was sure had a quality product but also a terrible website. My day "job" is running a marketing company, so I contacted the supplier in China to build a relationship with the goal of a contra deal - a nicely designed, SEO'd website in exchange for his product.
This was a mutually beneficial situation - I knew I could knock out a quality website in a short period of time, bringing the "cost" of the product down, while the supplier was getting a quality website in exchange for product, which surely cost them significantly less than their "best price".
To keep this short, I'll get to the numbers.
WordPress theme: $49
Label Printer: $99
It's worth also factoring in my time spend building the website, packaging the items, then labelling them.
The following is after Amazon fees, so profit to date is ~ $11,887.47. I have sold 2/3 of the product to date, so in theory it will be ~$18000 by the time it's sold out.
I have continually built my relationship with this supplier, providing plenty of other work for him since on a consulting basis. They are a good client - paying high rates in USD and quickly, though some patience is required in English.
I have already renegotiated the purchase price on my next order - of course I will be reinvesting the profits made here to repeat again. Anything left over will be spent on a different SKU.
Hoping this is helpful to someone. Don't let excuses get in your way! Provide value to someone and results will come your way.
First of all, really nice story and thank you for sharing it!
I got a question, you said you were researching a product to sell on Amazon through FBA and then you found one that ticked the boxes.
What were these boxes ?
PS. Sorry if its inappropriate to ask that if its the case just ignore me.
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