Dylan Frost

Why NOW is the Best Time to Become an Amazon Seller

 

Let’s take it back to 1997. We have a startling question to ask you. Did you know that if you had invested $1,000 in Amazon stock back then, it’d be worth over $1 million today?

Imagine what you could do with that much money. Maybe you’d be free of student loan debt by now. Or perhaps you’d have a nicer car. Maybe you’d have that bigger home you’ve been dreaming of for years with a yard and a three-car garage.

Stop crying. It’s going to be okay. We promise.

There’s no need to get a case of the coulda-shoulda-wouldas. A lot of us may have missed that opportunity back in 1997, but we have good news: Amazon is paying people just like you tens of billions of dollars each and every year. In 2018, it was something to the tune of $40 billion, and that number grew immensely throughout 2019. It shows no signs of slowing down, either. In fact, it’s speeding up.

It’s true. Amazon has ushered in the biggest money-making and business-building opportunity for average, everyday people that our generation has ever seen.

How?

We’ll tell you.

Listen closely, because just like how you might be kicking yourself for missing that big opportunity back in 1997, years from now, we don’t want you to be saying the same thing about this. This is really important.

What Many Amazon Shoppers Don’t Realize

You’ve probably shopped on Amazon for anything from toilet paper to furniture. And how many times has someone said something like, “That’s a nice coffee table/shirt/clock. Where’d you get it?” 

And you say: “I bought it on Amazon.” 

Did you know, though, that roughly half of the products available for purchase on Amazon are actually sold by people just like you? That’s right. It’s just not Amazon doing all of the work — not nearly.

So, it’s fully possible that when you bought that coffee table or shirt or clock, the profit went to a stay-at-home mom who sells on Amazon to make extra money for her kids, or a college student starting his online retail business while going to class during the day, or a hard-working man trying to quit his regular 9-5 and grow his income using the marketplace giant.

They’re ordinary, everyday people. Not experts. Not millionaires. Not online selling gurus with a collection of sports cars and a huge mansion — like the people depicted in many of the Facebook ads you’ve likely seen.

Anyone can get set up to start selling on Amazon and begin making money right now. Yes, even you.

When we say “right now,” we mean it. Don’t wait, because the best time to get in on the action is immediately. 

Why Now is the Time to Start Selling on Amazon

There’s a good reason why you shouldn’t wait to pull the trigger and start selling on Amazon. It’s because the marketplace is seeing seriously rapid growth. If you jump on it now and play your cards right, you can expect to see an incredible profit. 

Here’s why. 

Every year, Amazon’s revenue is growing by 30-40% — and it isn’t slowing down. By 2022, which is just around the corner (if you can believe it), the marketplace is expected to be doing nearly $400 billion dollars in revenue a year.

Do you see why you want to get into this now? If you do, you stand a good chance to grow alongside Amazon, simply by being there. With the right systems and processes in place, you can experience the rise that they are — a climb that is consistently gaining momentum.

We know what you’re thinking: “But Amazon is way too competitive by this point.” It’s a fair point. Everyone knows someone who sells on Amazon. 

But here’s the thing. In actuality, Amazon isn’t competitive enough. It’s true: The number of sellers joining Amazon can’t keep up with how fast Amazon is growing. Furthermore, a lot of sellers joining the marketplace honestly don’t know what they’re doing.

The marketplace needs more sellers who are serious about selling and making a profit. Amazon largely depends on us.

And make no mistake about it: There are no limits to how much money you can make. Yes, you can absolutely do this as a side hustle, if you’re simply looking to make some extra cash on the side. But if you’re wanting to make serious cash, possibly even quit your job and still support yourself and your family? 

You can do that too.

According to Feedvisor, one out of every five people is doing at least $1 million in sales on Amazon. Oh, and by the way? This number doubled from 2017 to 2018. So, you could definitely say that it’s the perfect time to become an Amazon seller.

Great, But How Do You Do That?

Your mind is probably spinning with questions. Where do you even begin? How do you learn to sell? What do you sell? How do you find those products? How does the Amazon platform work? 

And on and on and on.

When you think about it, why wouldn’t you be confused? There are multiple ways to sell on Amazon, and everyone’s got an opinion on each. 

Private label can be an absolute goldmine. It also requires the biggest upfront investment and the biggest risk, and there’s a greater likelihood that you’ll fail. 

Okay, so you know that you need to go with something low-risk with lower upfront investment, at least to start off. 

Ah, yes! Retail arbitrage and online arbitrage. Anyone can do that. It’s true. Except with these methods, it’s incredibly hard to scale and they require a ton of hands-on work — something that defeats the purpose of starting an online business in the first place. 

Dropshipping! Dropshipping is cheap to start, and you can do it all from your computer. The problem is that Amazon is actively pushing to eliminate dropshippers from the marketplace because the method doesn’t provide a consistently high-quality experience for the shoppers. And if there’s anything Amazon cares about, it’s pleasing its shoppers.

So, where does that leave you? We’ve got the answer, and it makes for a low-risk, high-reward opportunity for you to build an online business that can make you as much money as you want.

We know that it sounds too good to be true, but stick with us here.

Reverse Sourcing Wholesale: The Key to Success on Amazon 

We started out on Amazon like a lot of people: with very little money and basically no experience. We weren’t thinking about flying on private jets or driving yachts to remote islands (although those things sound nice and you can certainly do them). Our primary goal was to support ourselves and our families by selling products online. 

But how?

We started with a very modest upfront investment — just $600 — and managed to turn that into millions. Our secret sauce is how we find products.

Over the years, we’ve developed and refined a formula that we call reverse sourcing wholesale. It’s this formula that’s allowed us to consistently find winning products that we can sell on Amazon for a profit. It hasn’t only worked for us, either. It’s worked for countless students who’ve gone on to build six- and seven-figure businesses in under a year, and sometimes in just a few months.

We didn’t want to have to come up with new products and just cross our fingers that they’d work. That was entirely too risky. Instead, we started from the end and began to retrace our steps. What products already work? Why? Where can we find them? How much money can we make by selling them? 

By starting at the end — with products we already know are doing well on Amazon — and working backward, we’ve been able to make millions, and help other people (just like you) do the same. Using our formula, our students have sold over $500 million on Amazon. One student went on to negotiate a seven-figure wholesale deal and sold his business for over $400,000, effectively changing the entire course of his career — and life.

Moreover, this process won’t have you chained to your computer, working all hours of the day and night. That doesn’t bring the freedom that most of us are looking for when we pursue this career. We want you to make money without having to do much work at all. In fact, we’ll show you how to make money while you sleep.

Reverse sourcing wholesale isn’t just for newbies who haven’t sold a single product online, though. Likewise, if you’re a seasoned seller already pulling in six or seven figures a year, our process will still help you take your revenue to new heights.

Our formula can work for anyone, anywhere, at any level. We are the proof, as our own business continues to grow.

You’ll Never Have to Do This Alone

Making the jump to selling on Amazon can be exciting but so scary. We feel you. Here’s the thing, though: There are so many mistakes that you won’t have to make, because we already made them for you. 

Plus, as you move along in your journey as an Amazon seller, you’ll never be alone. We’ll guide you every step of the way. All you have to do is register for our free Wholesale Formula online workshop where we’ll teach you our exact Reverse Sourcing Wholesale business model step-by-step so that you can do it too.

Selling on Amazon isn’t a fad, a scam, or a get-rich-quick scheme. It’s the answer to long-term stability, growth, and freedom. We’re not going to lie and tell you it’s easy. We’re also not going to promise you that it’ll fix all of your problems overnight. 

What we can say is that when you have the right tools, resources, and support, nothing can stop you. There’s a reason everyone is jumping on the bandwagon, and that’s because it offers endless opportunities for success. This is what becoming an Amazon seller can give you, when you know how to leverage the marketplace.

We’ll help you get there. 

 

Report Finds 1 in 5 Amazon sellers sold over $1 million dollars worth of products in 2018

“It’s too saturated.”

“It’s too competitive.”

“It’s nothing but a fad.”

We hear all kinds of reasons why becoming an online seller via Amazon is a waste of time. And ultimately, one of the biggest reservations that people have about selling on Amazon is not being able to turn a decent profit, let alone scale it into a full-time income.

It’s understandable. After all, every time you turn a corner, someone you know seems to be telling you they’re selling on Amazon. Your Facebook news feed is probably jam-packed with paid ads featuring online retail gurus who struck it rich and now want to show off their mansion and collection of fancy cars to any stranger they can reach.

If it seems too good to be true, it probably is, right? Maybe not…

We could sit here and argue about the viability of selling on Amazon until the cows come home. For every person you talk to about it, you’re probably going to get a different opinion.

Instead of telling you our personal opinions on the matter, we want to go in a different direction and let the data speak for itself. That’s right: There’s actual research proving that selling on Amazon can be immensely profitable. You don’t have to just take our word for it.

Let’s start with Feedvisor’s survey: The State of the Amazon Marketplace in 2018, which was based on survey results from 1,200 Amazon sellers. The results might surprise you — and even change your mind about pursuing a future as a seller on the marketplace giant.

1. More Sellers Are Making at Least $250K in Yearly Revenue

Let’s nip the myth that you can’t make money on Amazon in the bud because the survey results say otherwise.

In 2017, 28% of merchants made over $250K a year. In 2018, that increased to 40%. More specifically, million-dollar Amazon businesses are on the rise, growing by 9% in 2018.

It doesn’t end there, though. Multimillion-dollar sellers are seeing a boost too — from 1% in 2017 to 3% in 2018.

So, not only is there a substantial number of sellers making significant revenue, but that number is growing year over year. There is an increasing amount of room to be wildly successful in selling on Amazon. This is because although the number of people selling on Amazon is growing, at the same time, so is the demand. More and more people are shopping on Amazon than ever before. It’s the biggest online retailer in the country, and it makes up a whopping 50% of e-commerce growth.

The number of sellers can’t keep up with the demand. That’s how quickly Amazon is expanding.

Here’s how the survey broke down revenue.

With all of the money being made here, don’t you think there’s room for you? We sure do.
2. More Sellers Are Expanding Beyond the United States

Another pesky myth is that selling outside of your own country requires too much hoop-jumping and additional costs. Is there a learning curve? Sure. Might it take extra effort on your part? Probably.

Is there real money to be made? Without a doubt.

Online retail knows no geographical boundaries, and Amazon sellers are proof of that. According to Feedvisor’s survey, 37% of sellers said they were already selling outside of the United States, and an additional 26% said they planned to expand internationally throughout 2018. In 2019, the number of sellers going international increased to 45%!

This is one of the best parts of running an online business. You’re not confined by state lines or even country borders. There are no limits, no boundaries. If you want to, you can grow your business as big and as far as you’d like.

Isn’t that one of the reasons we want to ditch our 9-5s and start our businesses — to determine how much money we can make? This isn’t something you can get from any employer, who has total control over your paycheck.

You can stay domestic if you want — and still make an insane living, by the way. But just think of the possibilities when you can sell to the entire online world.
3. FBA is the Way to Go

Understandably, aspiring sellers sometimes express concern regarding the fees associated with selling FBA. Yes, Amazon offers to handle tedious and time-consuming tasks like packaging, shipping, and all matters of customer service, like returns, refunds, and replacements. In exchange, they take a cut of your sales.

But is it worth the additional cost? Wouldn’t it ultimately be cheaper to manage everything yourself? The survey says no.

Don’t get us wrong: FBM certainly has its advantages, and under some circumstances, it’s the better of the two approaches. For instance, it offers you more control over your inventory, since you’re never sending it off to Amazon’s warehouses so that they can take over from there.

However, the survey reveals that in terms of revenue, FBA is where it’s at. Looking specifically at profit margins above 11%, sellers that are over 60% FBA always beat out sellers that are mostly FBM. Around 33% of sellers who were at least 60% FBA experienced a 21-30% profit margin. Only 25% of FBM sellers could say the same.

This tells us that while, yes, FBA means an additional cost to the seller, the benefits far outweigh that cost. It was a popular approach in 2018 and continued to dominate in 2019.

Clearly, there’s no doubt that you can sell on Amazon not just as a casual side hustle (although that’s totally okay) but as a lucrative, full-time income. The next question, then, is how?

It’s in your best interest to find an approach that requires the least risk but still offers a big reward. Private label demands a hefty upfront investment, so if it fails (which happens to some sellers, let’s face it), you’re out quite a bit of money.

Dropshipping is unstable, and Amazon is not a fan of dropshippers. It’s not a logical long-term approach.

Retail and online arbitrage are both difficult to scale. Stores and brands are catching onto resellers and starting to limit how many units of one product you can buy. Similar to dropshipping, this won’t be feasible in the long run.

But there is an option that can work for you: wholesale.

Wholesale excels where all of the other methods of online selling fall short. Because there’s a formula for finding products that are already winning, it requires far less risk on your part.

Plus, you’re forming long-term relationships with distributors and manufacturers, meaning you might be working with them for years at a time to sell their products on Amazon.

There are a lot of people out there teaching a lot of different ways to sell on Amazon. Very few of these people, however, can prove that their methods work.

The Wholesale Formula has countless success stories — people whose lives have changed as a result of following our strategy for selling wholesale on Amazon. It worked for them, and it can work for you too.