Our beloved misc brother "amazonbrah" was banned, so the thread he started about Amazon FBA and retail arbitrage was destroyed...
GOOD NIGHT SWEET PRINCE.
I will pour out some of my profits in your memory (not SRS.)
If anyone wants to continue the Amazon FBA discussion, please do so here.
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02-26-2015, 05:56 PM #1
RIP AMAZONBRAH and Amazon FBA thread
***WetBreasts is gonna make it crew***
***I Love My Ducks Crew***
***AMAZON FBA CREW***
RIP amazonbrah. May you CEO in heaven.
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02-26-2015, 05:59 PM #2
Should we also discuss how to make 500k with crypto currency too?
Really need a job crew
Will work anywhere in the country crew
B.S. in Finance crew
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Criminal record crew
Will do anything crew
Will rep for a job crew
Pls hire me crew
srs crew
Got a job now but too lazy to come up with a new signature crew
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02-26-2015, 06:02 PM #3
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you never replied to my pm
++Positive Crew++
"We tend to overlook the ones that are willing to give us the world, for someone who can barely give us the time of day. Don't take it personal when someone shows no interest. Keep those who love you close and lift heavy ass weight. Life is a lot better that way." - DeltaI80
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02-26-2015, 06:04 PM #4
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02-26-2015, 09:46 PM #16
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02-26-2015, 09:46 PM #17
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02-27-2015, 06:43 AM #18
OK the spam is great and all but can someone answer me this? Please tell me if I'm misinformed.
Let's say you're just starting out and you buy 10 coffee makers for ~$10 each from WalMart that sell for ~$30 on Amazon (per researching camelcamelcamel and keepa data). I read in the other thread that the numbers add up to about $70 total profit if you buy 10 of them and successfully sell all 10.
So all that time and effort fuking running around wal mart looking for that perfect deal and researching and scanning bar codes and risking $100... for a total $70 profit?
It's reasonable to say it takes around 3.5 hours total to do, right? So you're essentially making $20/hr with a huge risk being stuck with tons of useless inventory, plus you have to pay a chit load of taxes at the end of each year?
lol.... just lol.
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02-27-2015, 06:49 AM #19
Volume > Margins for me, always.
I'd rather sell 500 x YY item and make $1 profit
then sell 1 item @$500 and make $500 profit on top, simply because the quantity will give you a better buffer to deal with potential problems so you can sell the big items without incident. That's how I start, I run 3 eBay powerseller accounts & Amazon , 11Main and venturing into Etsy soon for added sh*ts
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02-27-2015, 06:50 AM #20
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02-27-2015, 06:50 AM #21
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02-27-2015, 06:51 AM #22
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02-27-2015, 06:51 AM #23
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02-27-2015, 06:53 AM #24
- Join Date: Jan 2012
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Yeah it's about volume. If you can only afford to buy 10 then get out of the way. It really for the people that see this, then show up and buy their entire inventory of the item. It's been awhile since I did this since my main ebay is blowing up. but last time I did this, I went to sams club and bought 2 pallets of oreos, yes srs.
Belief without evidence is a fools game.
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02-27-2015, 06:54 AM #25
Yea that's what I don't get.the dude made it sound like it was easy as nuts, which makes me think he was exposed to something or told about about a product that made his life easy at the beginning. I went searching for a product given his info and I was searching for like 3 hours and I hadn't found anything - comparing walmart to amazon. Not to mention anything that had had a slight disparity between the two had like 50+ sellers
I actually bought 3 toys but was an idiot and didn't think about FBA fees which meant I wasn't gonna make make a profit ha. So I canceled my order
Would seem to only work if you could buy a decent quantity
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02-27-2015, 07:03 AM #26
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02-27-2015, 07:06 AM #27
The whole point is to buy products in demand, and to use the analytic tools that were telling you the items selling well/ about to be out of stock on amazon. Amazon would then go out of stock and all the 3rd party sellers would be on the landing page..and items would sell quickly
If amazon restocked..hold onto the item until it goes back out of stock
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02-27-2015, 07:10 AM #28
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Same answer to when the housing market crashes or stocks crashes. You be patient and wait. Things like oreos and chit have fixed prices. People that bail out the first sign of something not going their way are plebs who dont have what it takes to make it.
I've seen $50,000 inventories valued at $10,000, but sure enough its a roller coaster, just have to be able to finish the ride. Now don't get me wrong not all items are like that, you might be selling a coffee maker that gets pushed out of the way for a new one or something, but thats why you only pick items that actually sale. As long as an item is still selling actively enough, like oreos, no ones going to mess with the price. Oreos have been the same price for what, decades now?
It's been about 9 months for me, but there should also be a tool where you can see activity of sales for any given item.Belief without evidence is a fools game.
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02-27-2015, 07:12 AM #29
I understand the concept and do see that there is profit involved. Thanks for clarifying. I just want to learn more because it seems like there are a lot of ways to lose money or waste time doing this.
"Hey guys wanna get together for some beers? Oh yeah hold on let me move these two pallets of oreos out of the way of the TV."
I know you're not always going to have such large quantities, but do you store all this **** at your house/apartment?
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02-27-2015, 07:18 AM #30
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Haha good point I never really think of this from small scale anymore, I have a 80,000 squarefoot shop.
Rent a storage container is all I could really say. By the way I just realized you all are talking about something not quite the same of how I do it, so I am going to stop talking about my method because honestly with my method, it doesnt matter who what when where is going out of stock, it sells.Belief without evidence is a fools game.
Listen Crew - Anything on your mind, want someone to talk to? Hit that PM button brah
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