Home
Log in / Sign Up
    Private Messages   Advanced Search   Rules   New User Guide   FAQ   Advertise   Contact Us  
Forum -> Household Management -> Finances
Selling on amazon. Help!!!



Post new topic   Reply to topic View latest: 24h 48h 72h

amother
OP


 

Post Mon, Nov 23 2020, 6:03 pm
This is a S/O of the other thread where people were writing their salaries.
A few people grossed over a million selling on amazon.
I just don't get how. Can you explain? What you sell and how you get it for cheaper that you net millions
Back to top

amother
Taupe


 

Post Mon, Nov 23 2020, 6:18 pm
amother [ OP ] wrote:
This is a S/O of the other thread where people were writing their salaries.
A few people grossed over a million selling on amazon.
I just don't get how. Can you explain? What you sell and how you get it for cheaper that you net millions

$1M revenue or gross profit? Big difference.
Back to top

amother
OP


 

Post Mon, Nov 23 2020, 6:38 pm
amother [ Taupe ] wrote:
$1M revenue or gross profit? Big difference.


No, the posters were writing the business net in excess of 1 mil and 3 million!

I'm wondering if they can pass on some knowledge to help keep some of us aflot. 1/10 of that would change my life completely
Back to top

amother
Floralwhite


 

Post Mon, Nov 23 2020, 6:52 pm
amother [ OP ] wrote:
This is a S/O of the other thread where people were writing their salaries.
A few people grossed over a million selling on amazon.
I just don't get how. Can you explain? What you sell and how you get it for cheaper that you net millions


What is there to explain.
They have best selling products, and they are better priced, better presented, better at marketing in general, better at ppc, than their competitors.

Selling a niche product is great, but it’s for a niche clientele so the profit margins need to be huge.

Selling a popular product can have less profit margins as long as your turnover is great.

You can check out the top 100 Amazon USA sellers and what they sell...
Back to top

amother
Dodgerblue


 

Post Mon, Nov 23 2020, 7:11 pm
Your profit margins Can be higher when you manufacture your own product.


Also any are some business successful and others fail?
Back to top

amother
Smokey


 

Post Mon, Nov 23 2020, 7:21 pm
I know this will sound cliche but it’s true... I had my fair share of time to internalize... parnassah is 100% from Hashem. The most fool proof plan can go belly up and the smallest idea can make millions.. All you need is your basic hishtadlus and the rest will be what He wants.
Back to top
Page 1 of 1 Recent Topics




Post new topic   Reply to topic    Forum -> Household Management -> Finances

Related Topics Replies Last Post
Amazon shabbos top
by amother
5 Yesterday at 5:04 pm View last post
Amazon returns
by amother
1 Mon, Mar 18 2024, 10:59 am View last post
SS24 amazon clothing finds
by amother
2 Wed, Mar 13 2024, 3:17 pm View last post
Cutting wigs from Amazon/Ali etc
by amother
6 Tue, Mar 12 2024, 4:15 pm View last post
Selling Black Plus Size Maternity Gown
by amother
7 Tue, Mar 12 2024, 11:32 am View last post