Everything I have learned so far about Amazon and that I am doing to build a profitable AMZ store is largely contributed to this free training webinar where you will learn exactly what I am doing, how I am doing it and what tools I am using to set up this entire Amazon business.

The business model that I am using is known as “Retail Arbitrage”. Retail Arbitrage is when you find a product being sold in a store at one price, buy that item and then resale it for a higher price somewhere else.Retail arbitrage is a multi-billion dollar industry and can be done with virtually any service, or product. In this particular instance we are talking about physical products being listed for profit on Amazon

Before I get to deep into this episode I just want to clarify one thing that I know is going to come up.

Recently Amazon has cracked down on 3rd party sellers on their platform. After having an extensive conversation with an Amazon customer service rep (I like to get my info straight from the “horse’s mouth”)…Amazon does not mind 3rd party sellers as long as they can keep up with demand and have great customer service.

Especially since almost half of Amazon’s revenue comes from 3^rd party sellers. Which I explain in the video above.

Bottom line is you are an experienced Amazon seller and you don’t feel comfortable with the business model I am showing, you don’t have to use this same model for yourself. Throughout this case study I am showing what is and has been working for ME so far.

Now that we got that out of the way…LETS GET IT POPPIN!

Without getting to deep the buy box is where most of the sales on Amazon come from, about 86% to be specific. Chances are if you have done any shopping on Amazon at all, most of the items you have bought have been through the buy box.

As an Amazon Seller getting the “Buy Box” should be one of your top 2 objectives. (The first for me is having great customer service)

The good news is the “Buy Box” does not stick with one seller. It rotates through the top 3-5 sellers of a product, but there are a lot of variables that will determine whether or not you will be one of those sellers.

This isn’t all of the factors that can affect whether you get the buy box or now, and only Amazon knows the exact formula that they use to determine who gets the buy box and for how long.

Keep in mind just because you don’t have the buy box does not mean you won’t make sales, but it definitely helps…ALOT

My Personal Hurdles and Accomplishments So Far

• · At the time of this video I have made over 642.99 in the last 30 days.

• · I made my first sale after the first 4 days of my store was opened.

• · So far we have just over 200 products in our store.

• · In Total from the point of this video I have made 1290.59 with a 25% profit margin.

• · We opened our store July 7^th , I was able to make this even with medical appointments, and recovery from surgery ( I was down for about 4 weeks) so technically I have only been actively running this business for about 3 weeks

Honestly, that last point is the overall reason why I like this business model so much. The fact that all we have to do is list high quality items one time and it can sell over and over again until the day we take them down is awesome. Spend 10 min listing an item and sell it potentially hundreds of times…I can dig it.

This how you build a business that compounds on itself every single month.

My Ups And Downs So Far

• · My overall account health is good.

• · My cancellation rate is at 14.29% which I am working on improving right now. This is mainly because I wasn’t staying on top of my inventory like I was supposed to be doing. Since then I got set up with an inventory management software the eliminated this problem.

(I know what you are thinking. Oh wait DeAnte I thought you said you don’t have inventory with this business model? We don’t but you still have to make sure that items you are listing on Amazon are in stock at the supplier you will buy it from when it sales)

When you check out this free webinar training you will see which software I use to manage all of this for me automatically.

• · My late shipment rate is 14.29% because I set my shipment rate in Amazon to low. I think it was set at 2-3 days so I just increased it to 4-6 days. As my daughter would say "Easy Peasy"..lol

• · My valid tracking rate is at 14.29%. I was inputting my tracking numbers and not clicking the right shipping company. So I decided to pay closer attention to this when I am confirming my shipments. Another easy fix.

This is how my Amazon business is going so far peeps. I hope you enjoyed this episode. Leave a comment below if you have any questions or just to let me know if you are digging this case study so far.

If you are looking to start a ecom business yourself check out the FREE webinar here to learn the exact steps on how to get started and the exact process I am personally using to grow this business.