4 ms·
Private label like OP is doing is the high risk high reward version. Wholesale is much less risk, but there tends to be lower margin. A lot of people recommend
by ikeboy 8y ago
Private label like OP is doing is the high risk high reward version. Wholesale is much less risk, but there tends to be lower margin. A lot of people recommend starting with wholesale or even retail arbitrage to get the hang of it.
Per Amazon figures, there are 20,000 sellers who sell over a million dollars a year. I know a lot of people in that range, but it does take capital to get there.