All language subtitles for 5. How Much Are Amazon Sellers Making

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 0 1 00:00:00,090 --> 00:00:04,620 So I just want to show you a little bit about my story, my numbers and then show you guys what other people 1 2 00:00:04,620 --> 00:00:08,930 are making on Amazon. Just so you can see what is truly possible so here's my sales. 2 3 00:00:08,940 --> 00:00:12,310 And so essentially, I built a six million dollar business in six months now. 3 4 00:00:12,380 --> 00:00:14,060 This is an extraordinary case. 4 5 00:00:14,190 --> 00:00:18,630 And not everybody can go ahead and do this but I know a lot of people that have built a million dollar 5 6 00:00:18,630 --> 00:00:24,060 business that profits about 200,000 thousand dollars in one year so it's definitely possible to start 6 7 00:00:24,060 --> 00:00:24,570 a business. 7 8 00:00:24,570 --> 00:00:26,950 I just want to show you guys what it kind of looks like. 8 9 00:00:27,000 --> 00:00:30,450 It's not like you go and build one product that brings you to the Moon OK. 9 10 00:00:30,540 --> 00:00:35,100 It's built up of a lot of different products and you build some home runs and then you get some base 10 11 00:00:35,100 --> 00:00:35,690 hits. 11 12 00:00:35,700 --> 00:00:40,920 What I suggest for the beginners is I'd been selling on Amazon for a while with private label or I have 12 13 00:00:40,920 --> 00:00:45,730 been selling on Amazon for a while with doing retail arbitrage and wholesale through some other ways. 13 14 00:00:45,810 --> 00:00:49,510 So but essentially what I'm suggesting is that people go for these little base hits. 14 15 00:00:49,530 --> 00:00:52,170 So up here I obviously got a lot of home runs. 15 16 00:00:52,200 --> 00:00:52,400 OK. 16 17 00:00:52,420 --> 00:00:55,080 Like I made half a million dollars on that one up there. 17 18 00:00:55,080 --> 00:00:58,740 But as we go through here I added 100 products in six months. 18 19 00:00:58,760 --> 00:01:00,350 So I just kept adding. 19 20 00:01:00,360 --> 00:01:03,290 But you could see here like they're not all home runs like OK. 20 21 00:01:03,300 --> 00:01:07,830 You know something that makes ten thousand dollars a year like I think that's a pretty good base hit 21 22 00:01:07,860 --> 00:01:09,780 or for some people it might even be home run. 22 23 00:01:09,780 --> 00:01:15,300 So it all depends on your skill and your experience and you can go and take progressively larger and 23 24 00:01:15,300 --> 00:01:18,450 larger at bats as you get more skilled. 24 25 00:01:18,450 --> 00:01:22,320 So I just want to show you these so these are my numbers but it's kind of an extraordinary case I want to 25 26 00:01:22,320 --> 00:01:27,300 show you some other ones so let's say we were looking at the protein powder market. So this is a tool 26 27 00:01:27,300 --> 00:01:28,770 called Viral Launch that I'm using. 27 28 00:01:28,770 --> 00:01:30,050 It's a Chrome extension. 28 29 00:01:30,180 --> 00:01:32,250 You could check it out down below, we have some discounts. 29 30 00:01:32,250 --> 00:01:37,530 But essentially it allows us to go and see exactly how much other people are selling on Amazon. 30 31 00:01:37,560 --> 00:01:41,360 So you can see on every single listing how much it's selling per day. 31 32 00:01:41,600 --> 00:01:42,840 And it's pretty accurate. 32 33 00:01:42,840 --> 00:01:45,590 It's actually extremely accurate and it's a really valuable tool. 33 34 00:01:45,600 --> 00:01:51,120 So we can see some of these protein powders are doing like two million dollars a month in revenue, 34 35 00:01:51,120 --> 00:01:55,320 a million on that one and then all the other ones doing kind of like one hundred thousand dollars a month 35 36 00:01:55,680 --> 00:01:56,290 up here. 36 37 00:01:56,290 --> 00:02:00,180 Obviously these are too big to go into for a beginner because you need a lot of product. 37 38 00:02:00,300 --> 00:02:01,520 If you're going to sell that much. 38 39 00:02:01,530 --> 00:02:07,580 So here's just some other ones that I just want to show you about so there's like how about this. 39 40 00:02:07,580 --> 00:02:08,720 "Have a Nice Day" mug 40 41 00:02:08,750 --> 00:02:09,390 OK. 41 42 00:02:09,410 --> 00:02:13,760 It's just kind of a simple little coffee mug but it's actually doing some crazy numbers. 42 43 00:02:13,760 --> 00:02:19,340 Granted it is Christmas time right now but this mug is doing one hundred and thirty seven thousand dollars 43 44 00:02:19,340 --> 00:02:20,000 a month. 44 45 00:02:20,030 --> 00:02:24,160 It's not like this is a particularly difficult product to make. 45 46 00:02:24,230 --> 00:02:31,120 Just kind of a little bit crafty and I mean these aren't even that nice of photos you know but ooohh... 3D 46 47 00:02:31,190 --> 00:02:33,930 middle finger like OK. 47 48 00:02:34,250 --> 00:02:37,100 Kind of a cheesy product but it works. 48 49 00:02:37,110 --> 00:02:45,010 Some other ones here are Drama Llama coffee mug. This drama llama coffee mug with two reviews. 49 50 00:02:45,100 --> 00:02:45,860 OK. 50 51 00:02:45,970 --> 00:02:50,180 I would buy this and it's doing right there. 51 52 00:02:50,200 --> 00:02:51,220 Eight thousand dollars a month. 52 53 00:02:51,250 --> 00:02:56,260 So there's all sorts of different products that are selling on Amazon that sell for a lot of money. 53 54 00:02:56,290 --> 00:03:01,060 So essentially there's hundreds of thousands of product opportunities out there and you'll be seeing 54 55 00:03:01,060 --> 00:03:03,490 more and more as we go throughout the course. 55 56 00:03:03,610 --> 00:03:08,410 But I just want to show you guys just kind of what there is as an opportunity there is so much money 56 57 00:03:08,410 --> 00:03:12,600 to be made on Amazon so now we're going to explain how I see the opportunity. 57 58 00:03:12,640 --> 00:03:17,410 And you guys will see why it's such a good business opportunity or you can view as investment however 58 59 00:03:17,410 --> 00:03:17,910 you view it. 59 60 00:03:17,920 --> 00:03:21,960 Amazon is taking over the world and I'll explain how that opportunity works. 6372

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