Went from knowing nothing to $10k/month in sales

by 84 replies
I think it's nice to hear success stories on here so I thought I would post mine.

I didn't know much about making money online but did a ton of research and finally ended up with a profitable business. I already have a successful career, but my entrepreneurial spirit won't let me just work quietly, I knew there had to be a way I could start making additional money in my spare time. I looked into email marketing, CPC/CPA, affiliate etc but none of those seemed like they would have the payout I was looking for for the time required and there didn't seem to be any real clear cut route to go.

The route I took was through Amazon FBA.

I had to compile a TON of information to figure out everything I needed to do. It seems so easy on paper, but there is really a lot to consider when doing FBA.

My product selection was probably most important. The main things I found out that were important were: Size/weight (shipping from China is expensive), no electronics, no strong brand loyalty, and finding a manufacturer that is actually trustworthy.

Samples are a MUST. I found a few products that I thought for sure I was going to sell because they looked good in the photos and the info on them was good. After I received them, they were total garbage. Most manufacturers will give free samples, but they want you to pay for shipping which is usually around $30-50 per sample, but it is well worth it.

I have a proprietary product selection process I used that I'll keep a secret for now, but I put in a lot of work and research to get where I'm at. merchantwords is a good place to start though.

I think the WORST THING about the entire process was selecting a product that was in a "gated" category and I couldn't have even imagined what a pain it is to get ungated. HOWEVER, I found an amazing article that explained exactly how to do it, I followed it step by step and it actually worked and I was ungated. What a relief considering I had already spent $5k on my product. But now I know the secret to get in gated categories and it's a huge advantage over those who do not know how to get there.

I think one of the other best value/money saving things I found was misterclipping. If you aren't going to have someone take professional photos of your products, using a digital camera and then having misterclipping edit the photos is well worth it. I had 10 photos done for $38 and they look great. Considering professional photographers want to charge $50 per image, it's quite the savings when you are first starting out and it's the images I've used to get to where I am now.

So that's where I'm at. It's a lot of work and quite stressful to grow this business as well as we have a lot of demand and getting new inventory to arrive on time can be stressful but it's quite rewarding so far.
#main internet marketing discussion forum #$10k or month #knowing #sales
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  • Profile picture of the author Nicheguybob
    This is awesome, love hearing success stories from others, it's very inspirational.
  • Profile picture of the author WFMarcus
    Administrator
    This is awesome to hear! congrats!

    Out of interest, how are you driving traffic + sales? SEO, Adwords, Retargeting?
    • Profile picture of the author DWaters
      Originally Posted by WFMarcus View Post

      This is awesome to hear! congrats!

      Out of interest, how are you driving traffic + sales? SEO, Adwords, Retargeting?

      I will not pretend to answer for the person who started this thread by telling their excellent story but from my experience with FBA you do not need to do anything to "drive traffic".


      The reason is simple. Huge amounts of buyer traffic is already on Amazon looking to make a purchase. The key is having the right products that you sourced at the right price and they will be found and bought.
  • Profile picture of the author writeaway
    Thanks for the inspiring story.

    Amazon FBA definitely seems like an interesting model
  • Profile picture of the author THK
    Would you share the reasons for not considering electronics category?

    I am just wondering if it the typical challenges people face that turned you off or something else. Would appreciate if you are bit specific.
    • Profile picture of the author TaxMaster
      Too many moving parts and too much to get broken and/or have defects and just plain not work. Since the goods come from China directly to the FBA warehouse, you can't inspect them yourself to make sure the quality is there. So it may not be a "never" kind of deal, but it just seems like something to be very wary of.

      I thought of maybe simpler electronics like flash drives or other storage that's less complicated but decided against it.
  • Profile picture of the author tagiscom
    Originally Posted by TaxMaster View Post

    I think it's nice to hear success stories on here so I thought I would post mine.

    I didn't know much about making money online but did a ton of research and finally ended up with a profitable business. I already have a successful career, but my entrepreneurial spirit won't let me just work quietly, I knew there had to be a way I could start making additional money in my spare time. I looked into email marketing, CPC/CPA, affiliate etc but none of those seemed like they would have the payout I was looking for for the time required and there didn't seem to be any real clear cut route to go.

    The route I took was through Amazon FBA.

    So that's where I'm at. It's a lot of work and quite stressful to grow this business as well as we have a lot of demand and getting new inventory to arrive on time can be stressful but it's quite rewarding so far.
    FBA? Something to do with selling stuff on Amazon, l guess?

    And no sig, link followup, refreshing to see.

    10k, a month!

    I would have to employ someone to pull that off within a year.

    I do flyers and fonts by the way, so l breathe graphics, lol.


    Yes, success is all down to doing what most canned see, or be aware off, as virtually everything online seems unviable in some way.

    It used to take me 3 days to do one flyer, now l can do one in less than 2 hours, which means that l can build wealth with it, and in a short period of time.

    I only discovered this trick after hitting rock bottom and persisting with flyers for a year or more before going into fonts.

    Obviously like some of your ideas, it is a trade secret, so canned be shared, but nothing wrong with giving hints, and inspiring others.

    • Profile picture of the author TaxMaster
      Yep Amazon FBA is "Fulfillment by Amazon" where you ship your goods to Amazon and they fulfill all of your orders. So not only is that nice, but they offer free 2 day shipping to Amazon Prime members so it's a really good deal.

      The FBA fees Amazon charges is way less than I could afford to provide my customers with 2 day shipping on my own.
  • Profile picture of the author ryanbiddulph
    Hi TM,

    Love your idea of paying a few smackers to create a pro looking image for your product. Amazing how even a few bucks here and there - let alone hundreds and thousands - helped me grow my blog. Never cheap out guys. If you want to do the online thing right, have fun, help folks, make friends and spend money to build a professional brand.

    Congrats on your success!

    Ryan
    • Profile picture of the author Stringablaze
      I was waiting for this to end with an upsell lol.

      Great story! I am currently trying to learn how to do exactly what you did
  • Profile picture of the author John Cage
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  • Profile picture of the author MRIRAJU
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  • Profile picture of the author MValmont
    Yes FBA is a good business model.

    A friend of mine (from montreal also) is killing it with FBA.

    You have to always stay up to date with their updates though. The last thing you want is to get your account banned.

    Check out www.rivercleaner.com it tells you automatically if your listing is compliant with their rules.
    • Profile picture of the author Regional Warrior
      Originally Posted by MValmont View Post

      Yes FBA is a good business model.

      A friend of mine (from montreal also) is killing it with FBA.

      You have to always stay up to date with their updates though. The last thing you want is to get your account banned.

      Check out
      it tells you automatically if your listing is compliant with their rules.
      The affiliate link you posted goes to a paid service !! and not supposed to drop links like that , more like written without the https .
    • Profile picture of the author ED1190
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  • Profile picture of the author bougeurra tarek
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  • Profile picture of the author Juan Solis
    Banned
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  • Profile picture of the author ChrisBa
    Originally Posted by TaxMaster View Post

    I think it's nice to hear success stories on here so I thought I would post mine.

    I didn't know much about making money online but did a ton of research and finally ended up with a profitable business. I already have a successful career, but my entrepreneurial spirit won't let me just work quietly, I knew there had to be a way I could start making additional money in my spare time. I looked into email marketing, CPC/CPA, affiliate etc but none of those seemed like they would have the payout I was looking for for the time required and there didn't seem to be any real clear cut route to go.

    The route I took was through Amazon FBA.

    I had to compile a TON of information to figure out everything I needed to do. It seems so easy on paper, but there is really a lot to consider when doing FBA.

    My product selection was probably most important. The main things I found out that were important were: Size/weight (shipping from China is expensive), no electronics, no strong brand loyalty, and finding a manufacturer that is actually trustworthy.

    Samples are a MUST. I found a few products that I thought for sure I was going to sell because they looked good in the photos and the info on them was good. After I received them, they were total garbage. Most manufacturers will give free samples, but they want you to pay for shipping which is usually around $30-50 per sample, but it is well worth it.

    I have a proprietary product selection process I used that I'll keep a secret for now, but I put in a lot of work and research to get where I'm at. merchantwords is a good place to start though.

    I think the WORST THING about the entire process was selecting a product that was in a "gated" category and I couldn't have even imagined what a pain it is to get ungated. HOWEVER, I found an amazing article that explained exactly how to do it, I followed it step by step and it actually worked and I was ungated. What a relief considering I had already spent $5k on my product. But now I know the secret to get in gated categories and it's a huge advantage over those who do not know how to get there.

    I think one of the other best value/money saving things I found was misterclipping. If you aren't going to have someone take professional photos of your products, using a digital camera and then having misterclipping edit the photos is well worth it. I had 10 photos done for $38 and they look great. Considering professional photographers want to charge $50 per image, it's quite the savings when you are first starting out and it's the images I've used to get to where I am now.

    So that's where I'm at. It's a lot of work and quite stressful to grow this business as well as we have a lot of demand and getting new inventory to arrive on time can be stressful but it's quite rewarding so far.
    Congrats!

    If you had to do it again, would you do anything different?

    What about expanding?? Is there any other place you could do this aside from amazon??
  • Profile picture of the author GreatProducts1
    Banned
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  • Profile picture of the author DURABLEOILCOM
    Thank you for sharing your path to success, during your product picking process how did you eliminate the junk from the winners? Where did you source from Alibaba? Would you make more money if you shipped personally or is FBA a more effective solution?
  • Profile picture of the author zamannbd
    Stories like these are what motivated me to enter IM a couple of years back and be where I am at now.

    I have a similar business that is generating around a $1000 profit per week and I am currently scaling my business.

    Good luck mate
  • Profile picture of the author Ellen Chedid
    Choosing the right product is super important. Congratulations. So happy for you
  • Profile picture of the author Samantha Avitan
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  • Profile picture of the author coachsol
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  • Profile picture of the author Tesslady
    Wow, that's one success story. Thanks for sharing and more power!
  • Profile picture of the author Pinkysoll
    This is actually an amazing success story. Thanks for sharing! Will check Amazon FBA out.

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