Two years back, a study was done by FeedVisor in which they discovered that 1 in 5 “professional” Amazon sellers sold over $1 million dollars a year. But what does that mean exactly? First, people get thrown off by “professional”. The reality is that anyone can sell on Amazon, and in fact, Jeff Bezos wants as many people selling products on Amazon as possible. Many 7-figure Amazon sellers don’t have factories, use warehouses or even have a single employee other than themselves and maybe a spouse or child working with them. They make your normal small business look big, so even though they are often solo-sellers, they still do quite well on Amazon. But sales are not profits. If you were to sell $1 million on Amazon, how much do you keep? Depends on the model. There are people who spend about a million dollars to sell a million dollars, meaning they end up no richer than if they just sat on the couch binge watching Netflix.
Another approach could put about 10% in your pocket, which is nothing to sneeze at… that gets you into the 6-figure a year club.
However, with the approach you’ll see below, you can expect about 30% profit and that gets better the more you do it.
Check it out here:
Oh, one more thing. The 1-in-5 sellers who do a million - that stat is a bit outdated. Based on the 2020 pandemic disruption, the numbers have actually gotten better. I don’t have an official study to quote, unfortunately, but I do know this:
Amazon has so far doubled its profit during the pandemic
...which is weird because that is nothing compared to what’s going to happen by year’s end. And I want you to get in on this actual real world gold rush.
It starts by knowing the lay of the land, and the best path forward. Which is, for a limited time, freely available here:
Get in while you can, because timing is everything. |
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