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On Amazon over 10 Years what can I do with it?

by Amazonion
10 replies
I had an amazing source for collectibles and sold over 30,000 items beginning in 2000. Two years ago my source dried up and sales of what's left of my inventory are about dead.

But, I have great ratings and a long history as an established Amazon pro merchant.

I really need suggestions on how I can use this asset to build a new business model.

I would appreciate any ideas. Thank you!
#amazon #years
  • Profile picture of the author GregtheWriter
    I would suggest creating a new product yourself.

    Perhaps in a related niche but a simple product so it's not a huge headache to design and get out there. This is easier to do than you might think, just using websites like Alibaba for instance to contact manufacturers.

    And of course, just use Amazon for their warehousing solutions.
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    • Profile picture of the author Amazonion
      Thank you.
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    • Profile picture of the author Importexport
      Originally Posted by GregtheWriter View Post

      I would suggest creating a new product yourself.

      Perhaps in a related niche but a simple product so it's not a huge headache to design and get out there. This is easier to do than you might think, just using websites like Alibaba for instance to contact manufacturers.

      And of course, just use Amazon for their warehousing solutions.
      Several warriors have suggested buying product and private labeling and I agree this is a great way to go.

      However I would like to sound a note of caution about sourcing overseas. Alibaba is not the place to find manufacturers. A very high % of those listed there as manufacturers are in fact traders, so there goes a large part of your potential profit margin.

      As the OP is clearly a newbie at product sourcing, he might like to see some helpful information in my thread: Ask Me Anything About Product Sourcing And Importing For Profit. ― Veteran Importer Here.

      Walter Hay.
      "If you think education is expensive - consider the cost of ignorance."
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      Use emotions and perceptions to build a great brand. Ask me about my book LabelsThatExploit. For safe sourcing and easy importing from 41 countries globally, see https://provenglobalsourcing.com
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  • Profile picture of the author dramsey13
    i would like to send you a pm about an idea
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  • Profile picture of the author EnlightenMarketing
    [DELETED]
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  • Profile picture of the author geumun
    Sourcing a similar product from oversea and private labeling it would be a viable option as well. Good luck.
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  • Profile picture of the author odaine21
    Originally Posted by Amazonion View Post

    I had an amazing source for collectibles and sold over 30,000 items beginning in 2000. Two years ago my source dried up and sales of what's left of my inventory are about dead.

    But, I have great ratings and a long history as an established Amazon pro merchant.

    I really need suggestions on how I can use this asset to build a new business model.

    I would appreciate any ideas. Thank you!

    You mentioned one thing that I think sets you ahead of most sellers, you've sold over 30,000 units and built up amazing seller profile ratings. So you have a super charged up account, my advice to you is try to private label and create your own product. The sky is the limit
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  • Profile picture of the author FBA Lifestyle
    I'm a very successful private label seller on Amazon...

    tell us some more so we may be able to help?

    thanks
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  • Profile picture of the author Randall Magwood
    Do you have alot of business money saved up? With your skills, you may be able to make some money on Ebay. Or.... just learn internet marketing, and sell ebooks or whatever kind of product that you want to. You can do alot, or... you can do nothing. You can sell on Fiverr. It's up to you. There are tons of online business models that you can pursue. Are you asking the kind of product that you *should* sell?
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