From exp of $120k-150k/ month 99% OA with 6 years+ selling on Amazon, these 3 listings above are all trash. Offer count moves super slowly, means these asins dont even sell much. This is kind of asins to buy a few units for fun. And not to be surprised why its ROI is high :))
@davidpham9353 - I obviously disagree - as someone that's sold on thousands of these listings since 2015 I've made more profit margin than most OA sellers because I'm willing to list on items like this. Additionally, if you're someone with $10k+ to get started, then absolutely you can do low ROI fast moving items, but if you're a new seller with no experience and about $1k to get started, then look for these slower moving, high ROI listings so that your money grows much faster by being able to multiply it much more than the low ROI items. To say these listings are trash is misleading. It is just a different way of sourcing for different types of sellers.
@@AskJimmySmith how can slow profit movement ( with higher ROI) can scale you " faster" when it takes much longer to sell and receive money back, then reinvest them for new inventory. According to rule of 72 ( which I assume you may know), fast movement is actually scalling faster. Yup, need accurate number to compare but surely For example, a 12% ROI - fast movement asins, selling fast within 1-2 weeks to receive money within 1 month, can double your money within 72/12= 6 months 24% ROI that takes 2 months to get the money will double the capital in the same 6 months of 3 times reinvesting : 72/24 = 6. But you forget that cash back from credit card, rakuteten/topcashback, etc... is a another 3-10% added and surely $10k/ month spent for 12% ROI gives you more cash back than $5k spent for 24% ROI> Therefore, with cash back and others, even fast movement asins actually scales faster since the ratio is not the same.
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Thank you for putting the entire interview, I don't like it when only half of it is posted!
Right? I totally get you. It's so much better when we get the full context. Thanks for sharing that! 😊👌
Jimmy Smith is an excellent teacher! Loved this video!!
Totally agree! Jimmy Smith really has a way of making things clear and engaging. So glad you enjoyed the video! 😊👏
Just seeing this comment for some reason, glad you enjoyed it!
still no vid explaining why youve quit selling in the UK?
You can check my Facebook post about it mate
He didn't like it when you said 7% ROI
Good video
Haha, some folks are particular about their numbers, aren't they? 😄 Thanks for watching and for the compliment on the video! 🎥🌟
From exp of $120k-150k/ month 99% OA with 6 years+ selling on Amazon, these 3 listings above are all trash.
Offer count moves super slowly, means these asins dont even sell much. This is kind of asins to buy a few units for fun. And not to be surprised why its ROI is high :))
good point
@davidpham9353 - I obviously disagree - as someone that's sold on thousands of these listings since 2015 I've made more profit margin than most OA sellers because I'm willing to list on items like this. Additionally, if you're someone with $10k+ to get started, then absolutely you can do low ROI fast moving items, but if you're a new seller with no experience and about $1k to get started, then look for these slower moving, high ROI listings so that your money grows much faster by being able to multiply it much more than the low ROI items. To say these listings are trash is misleading. It is just a different way of sourcing for different types of sellers.
@@AskJimmySmith how can slow profit movement ( with higher ROI) can scale you " faster" when it takes much longer to sell and receive money back, then reinvest them for new inventory. According to rule of 72 ( which I assume you may know), fast movement is actually scalling faster. Yup, need accurate number to compare but surely
For example, a 12% ROI - fast movement asins, selling fast within 1-2 weeks to receive money within 1 month, can double your money within 72/12= 6 months
24% ROI that takes 2 months to get the money will double the capital in the same 6 months of 3 times reinvesting : 72/24 = 6.
But you forget that cash back from credit card, rakuteten/topcashback, etc... is a another 3-10% added and surely $10k/ month spent for 12% ROI gives you more cash back than $5k spent for 24% ROI>
Therefore, with cash back and others, even fast movement asins actually scales faster since the ratio is not the same.