passively on Amazon and more importantly
how you can get started on Amazon in
2019 with almost zero money to start
this method is brand new promise you
you've never seen this stay tuned
[Applause]
[Music]
alright what is up guys welcome to
another exciting video in this video
we're going to be discussing the l
triple-f method and this is a really
exciting method that it's kind of brand
new that a lot of my students are having
a huge amount of success with and the
reason that it's so exciting is because
kind of for the first time ever you're
able to get into Amazon for
significantly less money and start
selling on Amazon for significantly less
money than ever before another cool part
of the L triple-f method is the fact
right one of the biggest and most kind
of scariest parts of getting involved as
a new seller on Amazon FBA is the risk
right buying 500 units buying a thousand
units of a product even if you do all
the due diligence in the world there's
still the tiny chance that something
goes wrong and you're not able to sell
those units right the L triple F method
actually eliminates 100% of risk and
allows you to actually see for sure for
your own eyes if a product that you are
going to sell on Amazon is going to
actually sell on Amazon before making a
significant investment and that is
something that it's literally brand new
and then we're going to be talking about
how to actually invest in five hundred
to a thousand units after you've already
tested using the L triple F method which
is really in the end actually how you
scale and start making a full time
income on Amazon and most importantly in
this video we're going to be talking
about how to scale into a full time
income on Amazon with as little possible
money to start up front and so this is
not going to be a video that's a
step-by-step of how to get started on
Amazon if you're looking for that make
sure you check out my channel at the end
of this video there will be a playlist
of all the videos that I've ever made on
Amazon and that's a completely free
bonus for all of you guys who show so
much love and support for the channel
and we're going to be giving away a
completely free 100% updated for 2019
amaz
on ninja X mini-course which gives you a
great introduction to selling on Amazon
so if you're interested in that all you
have to do is leave a comment down below
on this video that says how to sell on
Amazon and if we get 500 comments that
say how to sell on Amazon I'm going to
leave the link up where you guys can
click and join our completely free
mini-course alright guys so let's get
right into it for people who don't know
lightning-quick Amazon FBA basically
means finding products over in China
bringing them over to America and
selling them on Amazon right so you
might buy 500 units in China for a
dollar sell them on Amazon in the USA
one at a time for $20 each and you net
the profits after Amazon takes their fee
for doing all the hard work for you and
like always the idea behind actually
selling a profitable product on Amazon
is by identifying products that a lot of
people want but not a lot of sellers are
selling or improving a product that
making it actually better than what the
current sellers are selling it so you
can actually capture that market share
in the form of a value add product and
one of the brand new coolest methods
that I've used and some of my students
have had a lot of success with it's
called the launch fast find fast method
right so the launch fast find fast
method basically means looking for a
number of different things when you're
doing product research you're basically
looking for quick wins right like
terrible looking listings right or
pictures you can immediately improve or
non optimized titles or you know
products that just have something wrong
with them that's very easy to fix right
and instead of actually going out and
buying five hundred to a thousand units
like everyone teaches on Amazon right
that takes a lot of capital to get
started when you're actually becoming a
successful seller on Amazon everyone
suggests that you order a sample right
to see the product quality to make sure
that the quality is there before you
actually go ahead and order in bulk or a
mass shipment of 500 to a thousand units
the launch fast find fast method
actually instead of ordering just one
sample and then ordering in bulk you
know 500 or a thousand units what we're
doing instead is identifying the best
five to ten products that we like that
we could add value for or make immediate
improvements to listings and things like
that instead of ordering 500 to a
thousand units what we're doing is we're
ordering 20 samples right so we may find
five different products that we're
interested in but you know there's that
inherent risk that if we went and bought
a thousand of those units for any of
those products that
product could eventually not turn out to
be good once you actually get your
inventory into Amazon you're not getting
any sales so the launch fast find fast
method eliminates that risk completely
because what you're doing is instead of
ordering a thousand units you're just
ordering twenty and so once you have
those twenty units right in the form of
samples ship from your manufacturer over
to Amazon you can literally see
immediately whether or not you're
getting sales on those units without any
hard work right you can literally just
take images with your phone you can use
the images that your supplier supplies
right you can make a very basic listing
and then you can see literally just
through the power of Amazon Amazon has
millions and millions of buyers out
there you can literally see okay you
know I ordered five products twenty
units each for a total of 100 units
product one is selling okay maybe you
sold one or two units in a week right
product two hasn't sold at all product
three completely sold out on the first
day right and so what you're going to
see is some products work better and
some products don't and without using
the launch fast fine fast method right
you're the only other option is to ship
all 500 units in and of course there are
way to do due diligence right in the
Amazon ninja X course we teach you
everything you possibly can know all the
different data sources to feel the most
comfortable about making the upfront
investment for five hundred to a
thousand units but one of the cool ways
that you can do this especially with you
know Alibaba manufacturers or if you
want to ship units directly from the USA
into Amazon is you can figure out for
yourself right with the truest data
available actually making sales on
Amazon right you can see with your own
eyes okay products one failed product
two did okay
product three sold out the first-day
product for had very consistent strong
sales right and so instead of like just
guessing and buy five hundred to a
thousand units of some random products
what you're doing is you're actually
getting quantitative real-life actual
sales data you're getting paid for those
units and then what you do is you to
scale and actually invest in to five
hundred to a thousand units of the
products that's sold very very well and
you feel much more comfortable actually
doing that as a seller because you don't
feel the inherent risk that you're you
know once you actually get your products
shipped over from China that you're not
going to get any sales
so to summarize guys what we're going to
do
is instead of actually buying 500 1000
units of one product we are going to get
20 samples of a few products right 5
different products 10 different products
and we're going to ship them in make
basic listings right try to make simple
improvements like an actually optimized
title which we teach you how to do in
other videos on my channel for Amazon
FBA you know better photos just making
minor improvements may be a difference
in price right and what you're going to
see is the power of Amazon via millions
of organic customers some of your
products are just simply going to do
well
some of them are going to do more poorly
right and there's ways to make
improvements that other sellers just
simply are not doing or don't know how
to do and so the exact way that actually
do this is I find five different
products that I want I find the
manufacturers I tell them I want 20
samples and I ship them directly to
Amazon via air right the reason that I
stripped them via air is because you can
get them in you know seven days or less
and you can really start to invest into
a lot more units and then if you want to
save money you can ship the five hundred
or a thousand unit shipment via C right
but I like to ship them via air and you
might be saying yourself Kevin well if
you're shipping via air and you're only
buying twenty units there's no way
you're going to make any profit on these
first orders and the answer is you're
absolutely 100% correct the launch fast
fine fast method is not about making
profit it's about eliminating risk right
and so I'm not expecting to make profit
on those first twenty units even if I
break even or lose money I'm still happy
because what I've done is I've
eliminated the risk that this product is
going to sell on Amazon once I see those
first real 20 sales or even the first
one real sale you know mentally and as a
seller especially a brand new seller it
feels so relieving to know that this
actually works right to know that Amazon
actually truly is a machine a powerful
machine and to know that it's possible
to sell you know thousands or millions
of dollars worth of products on Amazon
and so it's worth it to me as a brand
new seller to really see those sales
actually come through and to really see
that this actually does work and it just
eliminates the risk that I might buy 500
units ship it in Amazon do all this work
and then not get any sales right because
I know for a fact due to the launch fast
fine fast method that these products
actually are going to sell like wildfire
and trust me when I tell you guys the
proof of
concept is worth so much more than
losing a few dollars on these initial 20
products that you sell even if you lose
you know 100 or 200 dollars it's worth
it for the proof of concept and the you
know mental clarity that you feel
comfortable investing in 500 or a
thousand units because you've already
seen that it's going to be a successful
product on Amazon and so that is how you
get started on Amazon with little to no
money to start using the launch fast
find fast method but that's only part
one of the equation right how do you
actually afford to buy five hundred or
thousand units once you've proven that a
product is going to be successful using
this method how do you do that with
little to no actual capital yourself the
best way without a doubt is to get
started with what's called a zero
percent APR credit card and this option
is only available if you are based in
the USA and if you have a reasonable
credit score but I want to go over the
absolute best options first and then
we'll get into options that are more
applicable to everyone in just a second
a 0% APR credit card basically means an
interest-free right a completely free
loan for fifteen or twenty two months
depending on which credit card you
actually get but the credit card that I
recommend is called the chase freedom
unlimited right you probably need around
a six hundred and fifty credit score to
actually be applicable and actually be
able to get this credit card but what
they do is they will give you fifteen
months with zero interest payments to
pay them back so I could literally take
out and buy five thousand dollars worth
of Amazon FBA products and then not pay
a cent of interest for fifteen months on
that money so when I started on Amazon I
actually got a 0% credit card the chase
freedom unlimited right and what I did
was I paid for all of my first products
with my credit card via PayPal and a lot
of suppliers get annoyed by that but at
the end of the day if you offer to split
or pay for the fees on PayPal all
suppliers are capable of taking paypal
it's as simple as that so what I did was
I paid for the 30 percent deposit via my
0% credit card via PayPal right and you
know I ended up paying around 60 100
dollars for my initial shipment as a
unit won't necessarily pay 60 100
dollars but that's just my particular
payment and then once I did that I
literally started making $1000 a day my
very first week ever settling on Amazon
so I made back my entire initial
investment
in the first week right let's say that
conservatively it took me three months
even even though it actually took me two
if it took me three months to get all of
that done right pay back the entire
amount of debt that I accumulated on
that credit card to actually fund my
initial five hundred a thousand unit
purchase right then I would have 12 more
months of completely interest-free
capability from my 0% APR credit card to
actually buy more inventory and you know
continue the process of actually
reinvesting in more products as I sell
them for significantly more than I
bought them for on Amazon and for those
people who don't have the capability
right maybe you don't live in the USA
maybe you don't have the best credit
there are three alternatives that I have
you know heard of people using that my
students have used in the past and had
success with but these methods you
should do thorough research before
actually applying and using these
methods but I do want to introduce them
to you because it's very very possible
even when you do pay interest on money
that you borrow to make more in profit
than the amount of interest you pay
right because most of these credit cards
are going to have 16 17 % APRs and if
you're making a 50% return on investment
right a 50% profit margin excuse me then
you're going to be netting the
difference between that 50% profit and
the 1617 percent you're paying on your
interest for these other options right
and you can still make a significant
amount of money but I'm just cautioning
you guys to do your own research for
these these are just the three that I've
heard my students using in the past and
having success with actually profiting
from you know by borrowing money to get
started option number one is called
cabbage with AK a cabbage is they've
been around for a while they have
options you know to give small
businesses loans number two is called on
deck on depth again has been around for
a long time they do offer as well small
business loans and number three is
called Bund box so on deck cabbage and
funbox all essentially do the exact same
things but you have to do your research
right depending on what your credit
score is depending on your unique
situation they will offer you different
loan options so the more of a story
again guys is just don't let anything
stop you there are always options
available for you again there's never
going to be the perfect time to become
an entrepreneur and so if you guys like
this video please drop a like on it it
helps me so much when you guys show your
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guys make sure that you do comment down
below as well how to sell on Amazon so
that you can claim our 100% free
completely updated for 2019 amazon ninja
x mini course where you can get all the
information that you need to get started
on Amazon in 2019 or if you're
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course you can find that link down below
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