TAS 195 : How TAS Listener Turned $65 into $1,100 Profit in 90 Days (Real Story)
Many people get hung up, never giving an online business or private label sales a go simply because they think they don’t have enough money. Today’s story should dispel all the myths floating around that say that you have to have a lot of cash to get started online. Ken is a regular guy who found a way to leverage $65 into $1,100 in profit in just 90 days and now has begun his own private label business that is doing very well. Even more incredible is a new service he’s begun to help Amazon sellers get their products handled for them. It’s an amazing story of ingenuity and drive that anyone can do, and you’re going to hear all the details on this episode of The Amazing Seller.
Retail arbitrage as a foot in the door.
Ken is a normal guy just like many of the TAS listeners. He spent a good deal of time listening to podcasts (including this one), learning about online business opportunities, and deciding to start generating a little bit of income by selling books through retail arbitrage on Amazon. Those steps enabled him to get some cash coming in to begin looking toward his own private label products. What happened for Ken can happen for anyone who is willing to do the work to make it happen. It’s a great example of hard work and action taking, so be sure you listen to Ken’s exciting story.
He found an amazing opportunity on Craigslist.
Ken was scrolling through the online classified site Craigslist one day and found a lot of discontinued or closeout stickers that he thought sounded interesting. He took a chance and bought all 1000 sticker packets for $65. It was that $65 investment that he was able to sell on Amazon for a profit of $1,100. It’s an example of how there are opportunities everywhere, you just have to know how to look for them and take advantage of them. It happens by taking action. Ken tells his story and gives some excellent tips on this episode.
Have you heard of Ken’s new venture - www.MyFBAPartner.com ?
As Ken has built his Amazon private label business he’s seen requests for good shippers, agents, repackaging services, and much more repeatedly in the private label communities he frequents. And having never seen good answers to some of those questions he decided to create his own company to meet those needs. It’s a company that provides receipt and shipping inspection, inventory and measurements, quality inspection, FBA preparation, Vendor materials, repackaging and shipment services, and a whole lot more. Ken’s offering a special discount to TAS listeners so be sure you pay attention to the end of the show to hear how you can get some free services from his company.
Is all this exciting talk about Amazon private label sales got you eager to give it a try?
Scott’s got an amazing live workshop that he does where he walks you through the 5 main steps to getting your own business and product up and running so that you can start making sales on Amazon. It’s incredible and absolutely free to you. You can find out more about that free workshop by listening to this episode so be sure you take action today. Your future and your business can be a reality, but it takes more than dreaming, it takes getting started. You can do it, What are you waiting for?
[0:03] Scott’s introduction to this episode of the podcast! [2:03] Your invitation to Scott’s free, live workshop. [3:30] Who Ken is and how he got into selling on Amazon. [11:07] How Ken went about verifying that books were good to sell on retail arbitrage. [14:39] Stepping out of retail arbitrage and into private label sales on Amazon. [20:17] How Ken started his Pay Per Click (PPC) campaigns. [22:16] Bundling costs and options and how his profits worked out. [27:37] Choosing his first private label product: how he researched and differentiated. [31:23] The transition from air shipping to sea shipping. [32:56] Launching, numbers, price point, giveaways and first reviews. [39:00] Suppliers, building relationships, multiple products, increasing pricing. [44:20] What is www.MyFBAPartner.com ? [53:40] Ken’s giveaway for the TAS community. [57:38] Ken’s last piece of advice to FBA sellers.
RESOURCES MENTIONED ON THIS EPISODE
www.TheAmazingSeller.com/workshop - get in on the free workshop www.TheAmazingSeller.com/68 - episode mentioned http://Craigslist.com www.MyFBAPartner.com - Ken’s website
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