How To Make Money Using Amazon FBA? Watch Me Make £5.50 and 73% R.O.I Selling A Simple Product
Hello, this is Kev from LifeSuccessEngineer.com! Today, I’m going to be sharing with you how you can make 73% return on investment selling a product using Amazon FBA!
Watch the video below:
This is part of my Online Arbitrate for Beginners series where I show people how you can source products and send them online using Amazon FBA, who then sell the products to hundreds of millions of customers online while you take advantage of the profit!
I believe that online arbitrage is the easiest way to get yourself involved in making a little bit of extra money, or a lot of extra money. You can potentially even start a business like I have done!
Stage 1: Purchase your products
This is pretty self-explanatory, pick the products you want to sell and purchase them so you can sell them and make a profit so you can reinvest in more products. This is how it snowballs!
Stage 2: Prepping
This stage involves prepping the products by labelling them and sending them off to Amazon to make some sales!
Stage 3: Shipping
Again, this is pretty self-explanatory. I use UPS to send my products off to Amazon so they can start selling my products and I can start making a profit!
Stage 4: Selling
Now that the product is with Amazon, it is up on the site for sale! It takes a couple of days for your product to make it to Amazon. You can use UPS like I do to ship your products off and they then make your product available on Amazon, who then sell it to customers worldwide.
An example product I’m using for today’s post is a Spiderman glove. I purchased this glove for $7.50 and it is selling on Amazon for $19.90, which is more than double the price!
After the fees paid to Amazon, the money that goes back into my account is $13.00 on this product, which is a profit of $5.50 or 73% R.O.I!!
This is why I believe the online arbitrage model is the easiest way to make this type of return on investment!
If you’re interested in more information about online arbitrage, you can go to www.OnlineArbitrageMastery.com where I share this in much more detail, step by step, from how I identify the products I want to sell to setting up a team that will research the products and sent to a preparation centre to shipping to Amazon to make money!
If you have any questions regarding online arbitrage, please leave a comment!
Are you ready to try making money with Amazon FBA? If you have any more questions, let me know in the comments! 🙂
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