How Sam Sold $1M on Amazon in Her First 10 Months
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- Опубліковано 3 кві 2024
- How hard is it to find success selling on Amazon? In this video, I sat down with Sam, who sold $1M on Amazon in her first 10 months! Her story is a perfect example of the strategies to implement to crush the Amazon online arbitrage game.
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Sam scaled her business with The FBA Roadmap: www.fieldsofprofit.com/fba-roadmap
Great content! Love the 1 on 1s you do with other amazon sellers. Especially when they come back around a 2nd time, many good tips advice
Glad you like them!
Would love to know how she's dealing with Amazon linking listings to online websites and initiating a competitive price, blocking the buy box as long as competitor websites are in stock and you're not matching their price
Hey champ what wold be the difference in between sellerboard and replendashboard? Would you have a preference? Thank you 👍
This is solid content! Arbitrage is the way to go. My wife and I(A Coupled Couple) are trying that as well and have run into walls, finding that exact product on AMZ that you scan on the clearance rack
Coupled Couple? LOL She / Her? it? So silly.
@@silverspoon901 That's our other UA-cam account name and our LLC name. A Coupled Couple LLC.
This is awesome ❤ Hearing Sam's story is the huge motivation I needed. I'm definitely gonna get the road map
Keep up the good work!
Started FBA with books but have been slipping and getting lazy. Now saving up for a new GPU and getting a new laptop today and printer. Saving for FBA Roadmap looking to join in the come up stories soon too!!! keep it up everyone!!!
Love the interview, nice change-up for the younger folk I've been seeing a lot (not necessarily here and not necessarily a bad thing :))
Couple things I wondered about:
1. With WS accts do distributors not tend to take credit cards as a payment to where you can take advantage of CC cashback/rewards?
2. Sam mentioned doing a lot of storefront stalking and noticing there could be a sale somewhere when many sellers are on a listing, but can't that be something to watch out for as it's more susceptible to price tanking? I guess suppose adding moats with GCs, rebates, cashback, etc could help and maybe it's just on a case by case basis...
Love this! As a working mom who is just getting started (and having baby #3 next month) I’m super inspired! Just got ungated in Nike and thrilled!
Big win! You got this 🚀
Nike keeps denying mine how did you get through?
Which website did you use to get ungated in?
I just got approved on Nike
@@vahaamedia273 What website did you use to get ungated?
What was the profit margin on that 1.4 million
She came up super quick I wonder if she leveraged credit to expand so fast 🎉🎉🎉🎉
Would love to know how she decides what goes to her prep center and what comes home for her husband to prep?
I’d assume a cost decision bc you can ship to a prep center sales tax free vs paying Florida state sales tax. Somewhere around $20 or more it saves you money to ship to a sales tax free pre
Impressive!!
Hey bud can you do a segment about prep centers? Not sure if you’re a fan but regardless can you share your knowledge about them?
This one should help you out! ua-cam.com/video/Chn-cEduGZY/v-deo.html
How does she get over order cancels doing that much volume?
Buying from sites that don’t cancel and finding the right way to space out orders on the ones that do
We want she do some sourcing video tutorial for us
Been trying to get her to make some vids 👀👀
Isn’t OA disallowed? There’s a rule stating anything bought from a retailer can only be sold as “Used”
Used to think that too, just a myth, have used OA invoices with Amazon all the time
Hey everyone, I'm Amazon seller as well, but Im have had some dificulties to find productos with a competitive price to sell on Amazon. I do online arbitrage, but Its sound as to look for a needle in a haystack. Could someone give me some tips please? tks
I'm an Amazon Product Researcher and I can help you with that..
Couldn’t she just use Sellerboard filter and stalk items based only her 40% profit she mentioned?
How would you hit 100k in 4 months with only 1500-2000 to start? Even doubling your money each month you have less than 10k to buy inventory..
Yea I doubt she did all that only with 1.5-2, she probably injected more money in her business when she saw sales going up
I guess she leveraged credit or something cause she said that was alot of money at the time. It would take atleast 50k at those margins to hit that revenue.
Probably, you can get to that starting with 35k and 40% roi if you sell all your inventory in a month each time
1.5k cash but surely with leverage from credit cards. And since she fbm from the beginning, cash flow isnt a problem
@@curtiscain8137 Agree. leveraged loans or credit cards. Many of us have done that once we got started. Just have to be careful not to over leverage yourself and make sure pricing is set to turn frequently to pay off credit in the 31 day cycle. At 18% margin she must have been turning and burning. Impressive.
Your video is really choppy either by the editing or just your camera
Please stop speeding up the audio on your videos.
I still speed it up 2x 😂
Yeeeeeesss
They already talk super fast, no need to speed it up.
It’s not :) you can always slow down with the settings wheel if you need the info slower
I have to slow it down 50% and then turn on the captions. What's up with the kiddos now days?
$1 million is of revenue isn’t it? the profit after 1 million is $180k? Is that after all expenses?
She says 18% margin right at the start
18% margin or 40% ROI.
So its not 18% profit but actually 40%
@@davidpham9353 that is not correct !!
@@davidpham9353 NOT TRUE
@@Pl-qq4yl then what is the truth ?
Legend - So proud of how rich she is now!!
I stalk her twitter everyday to see her post and learn, same with you and Warner
Define rich
@@josephsullivan6986exactly
Save for taxes, because they are going to be painfully high!
For sure… Good problems to have though!
I need an Amazon LLC base account. Is there a seller who wants to transfer their store，Please contact me.