hey what's up guys happy friday i like
to do shorter videos on friday and in
this one i just want to address the
question can you still make money doing
amazon fba now the short answer is yes
but the reason i was feeling inspired to
do this video today was because this
week
two of my students in my fba course it
was actually three of them but two of
them are like best friends doing it
together uh we're able to find really
good product opportunities like
abnormally good so full disclosure uh
what i'm gonna show you is not what i
think you should expect to be able to
find reliably okay but at the same time
if two people were able to find
well three people whatever however you
want to say it but independent of each
other able to find great
opportunities and it's not just great
because jungle scout said it was great i
mean i love jungle scout but like we
actually
manually validated these niches and they
are like screaming opportunities to make
money especially that we're headed into
the fourth quarter it's like a
no-brainer um let me just go through a
quick presentation so guys
is making money on amazon easy okay one
of the things i want to address really
quickly is there's too many talking
heads on youtube pretending like this is
the case making money in general is
typically not that easy especially with
fba where we have to put our own money
on the line in order to even have a
product to sell okay it's not like print
on demand where we can sell something
that doesn't exist and then we make our
money essentially ahead of time and
fulfill the order after we collect
payment right that's that's pretty
awesome business model with fba we are
putting our money on the line ahead of
time which is why we really need to
find a good product opportunity right
like one that is selling well that we
can project to keep selling well in the
future uh and then obviously validate
the financials make sure there's enough
profit in it for it to be worth our time
so let me talk really quickly about what
success as an fba seller boils down to
at a high high high level okay
we need to sell something that people
actually want to buy
we all know this yet sometimes we need
to be reminded of it because it's easy
to get off into the weeds thinking we
have a good idea but not validating it
amazon gives us enough data to validate
that we're selling something that people
are actually buying
remember there are only it may sound
like a lot but in the scheme of things
it's not typically that many there's
only 48 products listed on page one okay
48 may sound like a lot
most customers don't even scroll down
page one okay so this is just something
that we need to account for we need to
be cognizant of and factor in
while we're trying to formulate a plan
to be successful as an amazon seller by
the way
these puzzle pieces and moving pieces
and the concept of having a strategy
if you haven't done it before
you may not know what the heck i'm even
talking about this is why it's so
amazon fba courses are so popular you
know what i mean that's why i wrote one
because it would be it just didn't make
sense for me to uh try to teach people
fba one-on-one constantly when i can
make a central repository for all the
steps and anyways uh with 48 products
being on page one
that means if you're
product number 49 you're gonna be on
page two page two plus gets almost no
visibility okay that's the best place to
hide a dead body on page two plus of
amazon or google you're basically on
page one or nobody knows you exist and
obviously there's ways to get on page
one without just organically ranking at
the top of page one
if you focus on having a quality product
that again is validated that customers
are buying the financials are validated
all those things
and you create a quality product listing
highlighting the utility and the quality
of your product
guess what you're going to have a high
click-through rate and a high conversion
rate
these things train the algorithm
to trust your product right and the main
way to really train the algorithm that
your product is worthwhile is through
what
i know you guys probably already know
this by now it's through sales okay but
every sale starts with a customer
knowing your product exists which is a
function of visibility that leads to a
click-through that they look at your
listing hey it looks really good
leads to a conversion okay and then the
algorithm says okay that just converted
let's increase the organic rank of your
product we factor all these things in
guys there's a lot of moving pieces into
this puzzle uh this is why i mean
anybody's interested in amazon fba i'm
telling you right now you can still be
successful with fba i do have a course
i'll put a link to it in the description
you guessed it i'm gonna plug that
because it's honestly i spent over a
year writing it it's really good and let
me just show you without giving up my
students niches show you the jungle
scout report on both of them the first
one
is something that you almost never see
high demand low competition this product
and this is the thing right here you can
i'll i'll hide myself real quick from
the video
these products were launched in 2021
which is the and i think the furthest
back one was launched was like very late
2020 now this is rare
this almost never happens that's why i
was saying temper your expectations but
like
they were able to find a product that
seemingly hasn't really existed for more
than a year
so their competition which is doing 26
000 a month in monthly revenue the other
one's doing 80 000 a month in monthly
revenue you've got one doing 15 000 a
month 14 000 a month 38 000 a month 26
000 a month 23 000 a month
just absolutely crushing which by the
way this is just
based on the current bsr then we
do some research we look at the
historical bsr and we can project if
it's seasonal or not or if it's just
something that's trending right now that
has been selling really poorly
previously you can project all these
things without spending a dime
but this product is really a unicorn i
mean it's selling so well and it doesn't
appear to be seasonal and it appears to
be trending right now but who knows
there's no reason to to think that this
would stop selling well in the future i
mean sure it may but right now
we're heading into the fourth quarter
you know what i mean these students that
are gonna launch this product by the way
i told them i was like if you're both
gonna open up a seller central account
you can both sell this independently of
each other
like the demand is that high
and the opportunity is that good where i
don't think you're going to cannibalize
each other there's not that much
competition on it which is a function of
this product just not existing for that
long
i mean guys these opportunities are out
there if you're open to them and you put
in the work you can find them i'm really
proud of these guys for finding this uh
this and this wasn't the only product
they found i always say come up with a
list that meets certain criteria we will
distill it down okay and that's what we
did
student number two working on their own
so not not in a pair
they found a product me high demand
medium competition and what's
interesting about this is that
again look at the
look at the column right here date first
available behind me
2021 again the whole the whole best
sellers list of best sellers is 2021
guys now this product existed prior to
2021
but what's really happened is it's
something that is not that uncommon
however the keywords being targeted
they're just very intelligent they took
existing products and they said hey
there's a new utility
and a high demand
for this product
right now okay in 2021 and people are
you know people are searching
for this set of keywords instead of the
old set of keywords that you may have
associated with this product and this
product by the way for people that think
you need a lot of money to start fba it
certainly helps not to have a lot of
financial constraints but
student number one the the duo
their product is going to cost
if i had to guess probably like 1500 to
2 000
to invest in the initial order at least
i think that would be intelligent
because we're heading to the fourth
quarter and it's a guarantee they're
gonna sell out
um student number two
little bit more financial constraints so
wasn't looking to spend that much money
on launching their first product well
they went ahead and they found a product
that
i saw the quote from their supplier just
this morning it's only going to cost
them like 63 cents
per uh unit okay and they're putting
multiple into one unit which is a whole
other thing so the actual unit price of
the one single individual is like what
21 cents doing three in a pack and
you've got 63 cents
lightweight extremely small
um it check it checks every box for if
you're trying to launch a product with
financial constraints uh this is
basically they're they're they're gonna
ship it by air and it's not gonna cost
hardly anything okay so this is like a
perfect scenario the reason i'm sharing
this is because guys it can be done okay
i just wanna make sure that in your mind
you don't set like a a limit on what can
be achieved now granted i mean there are
limits in real life that need to be
accounted for but
uh i'm just showing you that people are
achieving success with amazon fba right
now even with um
more of a financial constraint than most
have with launching that first product
they were able to find even with the
constraints a high demand medium
competition product that's selling like
wildfire right now you can see here
monthly revenue of the first one god two
hundred fifty thousand dollars that is
absurd uh the next one ten thousand a
month two thousand a month two thousand
a month thirty three thousand a month
eighty seven thousand a month so i mean
the opportunities there guys it's
knocking will you answer the call um if
you'd like to just get started and kind
of see how the process works use the
link in the description i've got a free
7 day amazon fba mini course all i need
is your email address i've also got an
amazon fba facebook community if you'd
like to join and of course like i
mentioned earlier i did write a full
course
extremely in-depth extremely thorough
i don't know what else to call it other
than i spent over a year writing it i
call it the best amazon fba course out
there if you want to take me up on that
offer and check it out there's a link in
the description guys and i'll help you
get established as an amazon fba seller
get that first product launched anyways
guys thank you for watching please like
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then go enjoy the rest of your friday