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Generating about 16k/mo after about 6 months building an Amazon FBA business selling private label goods from Alibaba. Spend about 1 hour per week managing inve
by risingasia 10y ago
Generating about 16k/mo after about 6 months building an Amazon FBA business selling private label goods from Alibaba. Spend about 1 hour per week managing inventory, the rest (shipping, returns, support) is automated through Amazon and other various services.
- pwrdbyryce 10y agoI'm interested in something like this. May I pm you?
- myroon5 10y agoI am interested as well
- risingasia 10y agoYea sure, there is definitely a learning curve but simple once you know what to look out for.
- gremlinsinc 10y agoDo you dropship from Alibaba/Aliexpress or get a bulk shipment wholesale and try to offload the entire shipment and recoup costs and earn profit?
- risingasia 10y agoIts a little different than that. I'm working 1-on-1 with the manufacturers to customize products based on their pre-existing "template" products. I try to work with manufacturers with low minimum orders to prove the demand before making bulk orders.
- gremlinsinc 10y agoYou wouldn't happen to have any case studies on a product that was successful would you?
- kup0 10y agoWow, this is very interesting and something I think I could handle, even making a fraction of what you're making. What kind of profit do you see out of that 16k, if you don't mind me asking (if so, feel free to ignore the question)?
- risingasia 10y agoAmazon FBA takes a huge amount, but it's worth it in my opinion. Look up "retail arbitrage" if you want to get your feet wet. There is a bit of learning curve with private labeling. I also recommend The Amazing Seller Podcast if you're serious about getting into it.
- kup0 10y agoThanks for the information. Will check these out.