hey you know one of the hardest things
about starting your own business or
getting into business is getting those
first initial customers you got to go
out you got to create all this stuff a
website to business of the storefront
advertise all that good stuff it's just
to get your first customer in the door
and then when you get that first
customer in the door you got to work on
them you got to you know keep them going
and then you got to go out and find more
customers it's one of the hardest things
in business to do that's why to me it's
confusing why people don't step up and
jump into what Amazon's already built
for people just like you and I they have
the ability with one hundred and Prime
members right now that you can tap right
into these members already the customers
they have cash I mean they have credit
cards one button click ready to go all
we got to do is tap into those a lot of
people don't realize this but Amazon
lets anybody take their products their
own products put them in their warehouse
an allowable ship them for them I think
what a lot of people think is that
Amazon creates all the product so they
somehow bring in the products themselves
but really Amazon is just a fulfillment
they're they know how to take products
get them to people in two days they're
very good at that but what's great is
that individuals like us can go out
there take a product put it in there and
start making income and what I want to
do is you show you really quick how we
can do that how you can get into Amazon
and find great products and how you can
get them sourced and put them into the
warehouse so let's just talk a little
bit about 100 million Prime members if
you're not familiar with Prime
membership it's a membership that people
pay for on Amazon they pay right around
$100 I know this because I mean I am a
prime member and when they pay that that
membership they get a lot of good stuff
with that but the one thing they get is
the fast shipping
okay two-day shipping so if anybody
tells you out there into the marketing
world that you can just drop ship your
products right on Amazon well what
they're doing is they're telling you
something that is not really totally
true yes you can dropship it but those
people are gonna be waiting about two
weeks to get it so let me show you
something really quick this is the so
Prime membership people that spend over
$200 every month which is majority of
the people they out spend people that
are non prime customers okay
so basically Prime customers are you
know that people that spend all the
money they're all spending the money but
non Prime members aren't spending as
much money on their but also the only
way you get the ability to tap into
Prime members is if you have your
products inside the warehouse and Amazon
you can't drop ship your products and
still be part of the Prime membership
they won't let you do that
Amazon needs to ship the product they
need to ship it fast and that's what
people get with the Prime membership so
with the Prime membership anything that
people come on to Amazon and they find a
product they want to get that product
into the marketplace you can get in
there and then you can start selling
your products if you make enough profit
what happens is Amazon's gonna send you
the money every two weeks okay they're
just gonna drop the money in there so
the the key here is that you find a
product that you can source for very
cheap you know if you can find a product
that's that's you know 50 cents to a
dollar maybe two dollars but you can
turn around and sell that for 30 40 50
dollars and make a huge profit okay if
you buy a product for $1 and you sell it
for four thirty dollars
most of that is profit okay most of that
it's gonna be pocket that you know money
it's gonna be put into your pocket now a
lot of a lot of those there's gonna be
fees in there obviously with Amazon
they're gonna have shipping fees and and
storage fees in the warehouse but the
more the important thing is is when
you're going to be selling on Amazon and
you want to get products into the store
is that you find products that are hot
find products that are hot that are
selling but you also want to find the
ability to jump into a product that is
kind of that a lot of people don't know
about that it's in demand at nap there's
not a lot of suppliers for that product
that's the key to it now one of the
things I hear a lot is that Amazon
saturated Amazon is over you know
there's too many products in there and
when I when I put my first product into
the Amazon store five years ago the same
people were saying that that the
Amazon's over Pro you know there there
are too many products it's saturated now
it's a good thing I didn't listen to
anybody back then five years ago because
I wouldn't have been able to sell seven
figures in product right in the Amazon
store and that and the same thing goes
today
it's the same thing there's going to be
tons of products and the product store
but you're always going to be finding
new products to put into the store and
then get them out there and make money
you're only
is this is you only want to have maybe
seven eight really
home run products that's it separate
home run products are making anywhere
from ten to fifteen thousand every month
in sales that's all you need that's a
that's a seven-figure business for you
right there and if you don't want to go
that big only have two or three home run
products okay that's all you need you
don't need a you don't need one giant
product that's making a million dollars
a month you don't need a hundred
products in the store to make any money
you only need maybe seven or eight home
run products to really make it work for
you so let's look at the Amazon store
when we go to the best sellers first
thing I'm going to do is just kind of
dig around and the best sellers
categories and I'm just gonna look for a
lot of the products now here's the key
to what I do with my products is that
and I kind of learned this lesson in
some of my earlier products is that I
try to find products that are non
technology type products I tend to stay
away from products that people have to
ingest or put on their skin or any type
of products that that SCANA break easily
okay I stay away from those and the only
reason why is because the products that
are that are easy and I'm going to show
you some examples of them products that
are easy to manufacture products that
are easy to ship products easy to get
into the warehouse those are the
products I'm always looking for because
there's you know there's MIT there's
hundreds of thousands of those products
out there and and the reason why I stay
away from that is because I when I first
got started into Amazon I got into the
kind of the mineral I mean the vitamins
the vitamin C type you know the drops
that people would take they would get
them and I got a lot of returns and I
just I didn't feel good about the
product because people were ingesting
this product I got a private label right
out from another company I mean the
company was legit and it was an American
company but I just didn't feel right
about it and I was getting a lot of
returns and then I went into some of the
technology products that you probably
see you know sourced out there you see a
lot of the you know the products in
China that used technology to use
Bluetooth and things like that I got a
lot of returns on that they broke down a
lot and I just didn't like it so what I
did was I just kind of switched up and
said you know what let me go find
products it that are hot they're in
demand people want but aren't as easily
breakable
so those are the kind of rules that I
kind of say stick with when I'm finding
products
sample would be and I always go into
like the kitchen and dining are we stick
to products like that because they're
easy there people are always looking to
get these products and they're in their
house you know here the stainless steel
water bottle I love that product because
it's stainless steel it's not going to
get into the water it's a good you know
good for the environment also it's easy
to make you can make those super easy in
China people can you know the
manufacturers can ship them out really
really easy see this right here is it's
really hot right now this instant it's a
hot product but there's a lot of
technology to it you have to plug it in
you have to you know things like that
could go wrong could break and so I tend
to stay away from products like that
even though they're hot right now and
they're selling that crazy and you can
make a ton of money with it
here's tabletop napkins super easy to
make the you could probably pick these
up for less than twenty cents when you
need to go she ate down less than 20
cents and you can turn around and sell
these for ten fifteen dollars for a set
apiece whatever you want to do but the
upside on those are very easy they're
very easy to make the very easy to ship
they're lightweight easy any of these
Yeti products I love these are another
stainless steel type cups you know you
don't want to infringe on the Yeti
trademark but you can find kind of
duplicates of this that are similar and
and you know the stainless steel
products with the lids and all that but
it helps keep your water cool helps keep
your water hot when it's you know like
coffee and things like that so if we
look down through the kitchen more
kitchen items you can see a lot of water
bottles in here ins because people
understand that these are easy to get
into and and so I just jump into these
products right here I'm gonna what I'm
gonna do is so this is the kitchen and
dining I'm gonna just run some numbers
here just to see what kind of volume is
happening on these sites kind of give me
an idea and what I'm looking for
majority of the time when I'm running my
numbers here is I'm looking for monthly
revenue that's kind of in between like
maybe ten and twenty thousand and I'm
looking for review quantity that's very
low if I can find a product that's like
ten twenty thousand and monthly revenue
with a
review quantity that's kind of in the I
don't know ballpark between like 200 and
below I'm gonna jump on that product so
let me see here is this did stop on me
looks like it's still my numbers are
still rolling here so as I can see with
the kitchen/dining you can see some of
these are big you know like 4.5 million
for some of these that's the hydro flask
that is the looks like that's the cup I
mean they're they're crushing it with
that that's you know four point five
million does it still run it and still
run and that's why it's kind of slow on
my server here so I'm looking for
monthly revenue that's that's super low
and then I can jump and I'm gonna dig
into that product to find more
information on that so let me see here
alright here we go so let me scroll down
and see if I can find anything just on
this front page right here so there's a
there's a lot of volume right here
so here's ones forty one thousand but
it's got four thousand reviews not a lot
in there okay so on this front page
there's you can see there's tons and
tons of monthly revenue on these
products lots of products in here but if
I went to let me just come in here to
I'm gonna go in here I always like going
to stainless steel you can tell it's one
of the products that I like that's a
hint hint for you
so stainless steel water bottle okay so
then when this pot when this comes up
now these are I've kind of niche down a
little bit not now I'm not going into
kitchen and dining I'm going into the
actual stainless steel water bottles
okay and you can see that there's a lot
of different good products in here this
product right here has a very good
graphic right there this is a very good
image right there so that it stands out
it looks good and so I'm gonna run some
numbers on this product see what comes
up again I'm looking for revenue between
anywhere from ten to thirty maybe thirty
twenty five thousand per month I'm
looking for small review quantity over
here so right now look like this run the
numbers here so here's one let's see
here this was ninety five thousand with
a hundred
10 review quantity I think this is done
let me just make sure yeah so let me
just scroll down it really quick and
let's see it's anything stands out so
here's the review quantity here I'm
looking for so like here's want 8000 was
64 so let me just make sure that
everything else is good here so this
this is what I do with with my when I go
out and find these products so let's
let's see here this one 3000 the see
eight thousand sixteen thousand so eight
thousand with sixty four reviews so
let's take a look at what this product
is okay so this is just a stainless
steel water bottle here this is a very
good image of the product right here
that's probably why they're doing doing
really well the only thing that concerns
me though is 1499 or here okay so 1499
it's a very low price to me that sounds
like they're trying to really lowball
this price just to get some volume into
their you know into their their their
offering here so what I'm gonna do with
this is I'm just gonna go with so
stainless steel water bottle and let me
just highlight this right here it's you
know steel water bottle I'm gonna go
into Alibaba this is the suppliers for
all the products you know all your
manufacturing products now the reason
why I do Alibaba is this is that China
is the largest manufacturer of pretty
much all the products that we have we
you know the shirts you wear the
products that you use they all come from
China the manufacture in here the United
States we just it's too hard for
manufacturers to have a manufacturer
plant in the United States it's just not
very profitable for them now I know that
we're trying to get you know
manufacturers back in here but for our
case we need to go with the cheapest way
to get products to the warehouse and
Alibaba is going to be the way to do
that so I'm going to look up products
here I'm going to look up suppliers
okay so suppliers and I'm going to do a
search for stainless steel water bottle
and then the first thing I'm going to do
is I'm going to hit this trade assurance
and verify because I want to find
suppliers that have both of these trade
assurance and are verified okay so I'm
just going to scroll down here and I'm
going to look
for see if there's a similar product to
something like this so let's just say
this one I here this looks similar to
the product on this page okay so it's
kind of similar kind of the same okay so
you can see right here that between two
and five hundred pieces or 499 pieces
you're gonna pay three dollars and ten
cents now at $14.99 for this product
there's not a lot of upside to that that
doesn't mean you can't take this product
and run with it
because there is a lot of volume for
this so you can see that some of these
other other let means that they go back
to let me take this out so you can see
some of these other ones I mean there's
a lot of them 14 24 15 16 17 23 so what
I would do is this is I'm gonna go and
contact this supplier right here at
Alibaba and I'm gonna try to negotiate
down a better price for them okay I'm
trying to get down to a price that's
gonna be a lot better so I get a lot
more upside to this for me these water
bottles I'm gonna try to turn around and
sell these for at least twenty nine or
thirty nine dollars for these water
bottles okay because I want to be able
to get at least 50% you know income
coming back in okay so you just got a
when you find a product on Amazon you
just got to be able to kind of continue
to niche down you got to try to find the
volume of the product right there and
you find a product that right now is
kind of it's there's just not a lot of
action to it so these water bottles are
really good because they're easy to
manufacture they're really easy to get
in the manufacturing plant now all of
these all of these companies that are
inside Alibaba the verified companies
they're all going to understand how to
get products from their manufacturing
plant to the it's the you know get the
on the port and then get them on the
port and then send him into the boat
into to Amazon you're gonna use a
freight forwarding company to actually
get the products from Alibaba to the
port the freight forwarding company's
going to inspect your products they're
going to make sure all the codes are on
there and make sure everything is looks
good make sure the products are packaged
well and then they're going to take that
put it in
the port it's gonna go on the boat get
in the warehouse and then once it gets
in the warehouse
Amazon's kind of scan it all put it into
your shell being that they have there
and then you're gonna be ready to go to
sell this on the Amazon store okay now
all of this is done through the Amazon
central store so all you gonna do is
sign up for that
just just do a search for Amazon Central
in the Google just go to Google type in
Amazon Central you can sign up for an
account right there and get started but
you want to kind of get your feet wet
learning products how to get products
and you know get them up and running I
know this is kind of a basic for a lot
of you guys I know maybe some of you
guys are in Amazon you've been there
you've been doing that but this is you
always want to be doing research all the
time I'm always constantly doing
research I'm looking for those nuggets
I'm looking for those those small
products that I can manufacture them get
them into the warehouse and then I can
start making some income from that and
then once I get them in the warehouse I
move on to the next plug and I just keep
moving that and doing that ok so there's
a lot to it
but it's really just met it's just about
finding the right product that you can
get into the warehouse and get going
alright so there you go I knows a lot if
you want to get some information there
is going to be a cheat sheet below if
you click on the link you'll get some
information you get some training on how
to do that and how to get that set up
for you also make sure you hit these
videos over here that way you can get
tons of more information on getting
start with Amazon getting your products
into the store and start making money
with it alright so this is how the pradd
I hope you enjoy that and I look forward
to seeing you on the next one
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