Love it! So many nuggets and good info! Going with what Jordan said about passive income at the end of the video, my goal with Online Arbitrage is to build up capital until I can acquire a private label business. That way, I don't spend much time at all and it becomes very close to "passive income". Basically turning my business model from an unstabilized model based on market prices to a (99%) stabilized growth model, where I invest profits into PPC, more SKUs, or even back to OA or Wholesale if I wanted to.
@@FieldsofProfit Yeah that's close to what I had $28k to $30k is what I came up with. That's a video that really needs to made what you need to spend to get that level you want.
Can you make a video about... how do you decided if you're buying the same item when the item has different pictures as the one on amazon? I also bought the course if you want to post it on there. Today was my first day selling 6 items!
Hi Warner! Love your videos! I've learned SOOO much :) Starting my 3rd year doing this part time. I have a question about Amazon Lending....do they take repayments straight from your sales? Biweekly or monthly? Or do u have to set up a payment schedule? I passed up the offers they send, but considering jumping on it next time it comes around 🤷♀️ Thx for any input u might have 😊
The speed-editing makes it hard to tell when one question or subject ends and the other starts. Content is great, but the editing is tough. Would it really be that bad to have a half second pause? The video would be 2 minutes longer?
Once you have enough capital to buy products wholesale it seems like retail arbitrage or even online is way more time consuming and less profitable. Am I wrong? I’m in the process of saving money and I’m still in the strategy process. Thanks, great videos!
Wholesale is less profitable but easier to scale beyond $100k+/mo, it’s also a lot more of a politics and relationships game - it’s another great biz model tho so if you want to do wholesale then go for it!
@@patrickhenry2342 I’m just trying to save $30k so I think $50k is way more than enough. I’ve been watching the videos by junglescout and they seem to have great information.
He means prepping to ship to Amazon Fulfillment centers. Usually when people scale past a certain point they start using prep centers that will prep for them and send to Amazon
That’s a whole diff ball game, once you have plenty of amz experience you can start creating your own products sourced from there but it involves a lot more steps
So , these ppl making $40,000 a month gross but they Net 15% or less profit at end of day that 6,000 you can make that from a job and avoid the risk of getting burned by inventory prices tanking and now your screwed.
A year ago, I was doing $40k/mo too - now that number is $180k/mo. Do you have a job that you can 4x your pay in a year? Does your job let you pick the exact hours you work and when you get to spend time with your family?
@@FieldsofProfit Hi thanks for responding . Im just starting and getting some things in place . I listed couple products in the beauty category sold a couple of them now I see price tanking not good. So yes it always best to work for youself ! However , I just think selling products that will NET you Min. $15-$20 per item after all said and done . making $4-9 Net you have to sell thousands of the item to make it worthwhile and you have to invest heavily so risk is higher . Your thoughts .....
Love it! So many nuggets and good info!
Going with what Jordan said about passive income at the end of the video, my goal with Online Arbitrage is to build up capital until I can acquire a private label business. That way, I don't spend much time at all and it becomes very close to "passive income". Basically turning my business model from an unstabilized model based on market prices to a (99%) stabilized growth model, where I invest profits into PPC, more SKUs, or even back to OA or Wholesale if I wanted to.
That’s a great way to do it
Great video Warner! 📝, thanks for telling me I'm an advanced seller for doing RA 😎
😂😂
Try some RA on eBay, that's real b*tch, lol
good video one thing that should be stated was what Jordan had to spend up front to get the $40k a month in sales.
With his ROI that he mentioned I’d expect it to be around 20-22k in inventory
@@FieldsofProfit Yeah that's close to what I had $28k to $30k is what I came up with. That's a video that really needs to made what you need to spend to get that level you want.
@@rw9866 already exists :)
@@FieldsofProfit really i missed that one what is the title so I can watch it if you know it?
@@rw9866 but thats not "up front" you can easily build it up to that point with a few grand
Great interview man! Tons of value
Can you make a video about... how do you decided if you're buying the same item when the item has different pictures as the one on amazon? I also bought the course if you want to post it on there. Today was my first day selling 6 items!
Hi Warner! Love your videos! I've learned SOOO much :) Starting my 3rd year doing this part time. I have a question about Amazon Lending....do they take repayments straight from your sales? Biweekly or monthly? Or do u have to set up a payment schedule? I passed up the offers they send, but considering jumping on it next time it comes around 🤷♀️ Thx for any input u might have 😊
Whooo! FOP what a stud!
The speed-editing makes it hard to tell when one question or subject ends and the other starts. Content is great, but the editing is tough. Would it really be that bad to have a half second pause? The video would be 2 minutes longer?
Two legends
Once you have enough capital to buy products wholesale it seems like retail arbitrage or even online is way more time consuming and less profitable. Am I wrong? I’m in the process of saving money and I’m still in the strategy process. Thanks, great videos!
Wholesale is less profitable but easier to scale beyond $100k+/mo, it’s also a lot more of a politics and relationships game - it’s another great biz model tho so if you want to do wholesale then go for it!
@@FieldsofProfit Gotcha, thanks!
@@patrickhenry2342 I’m just trying to save $30k so I think $50k is way more than enough. I’ve been watching the videos by junglescout and they seem to have great information.
@@BlackVultureX you honestly don’t need jungle scout for wholesale but you have more than enough to do wholesale for sure.
Can I make a technical suggestion- flipping back and forth between you and guest is a “strain” on the viewer. Why not just go split screen?
Don’t want my YT vids looking like a Zoom call, we’re all tired of looking at that
Lets goooo always the best gems
Thats looking like a Lightning Shirt. Also in FBA and In Tampa.
Yessir it is. Go Bolts!
Great interview!
W selleramo shirt W
Wow truly amazing congratulations,
So it sounds like he is FBM vs FBA?
Nah he does mostly FBA
@@FieldsofProfit oh ok...i heard him saying he spends alot of time packaging things himself so I thought that was FBM
He means prepping to ship to Amazon Fulfillment centers. Usually when people scale past a certain point they start using prep centers that will prep for them and send to Amazon
@@ItzJustClay oh ok got it thanks!
My guy!
How do you feel about sourcing from places like Alibaba?
No, if you get hit with an inauthentic complaint there’s nothing you can do
That’s a whole diff ball game, once you have plenty of amz experience you can start creating your own products sourced from there but it involves a lot more steps
Why are you not able to use Alibaba? It seems almost everything comes from alibaba!
Please talk about what items to sell. That’s the hardest first step.
What methods does Jordan use to source, thanks
Mostly reverse
Sourcing and finding products are the biggest hurdles. Where and how can we find new products to sell?
So , these ppl making $40,000 a month gross but they Net 15% or less profit at end of day that 6,000 you can make that from a job and avoid the risk of getting burned by inventory prices tanking and now your screwed.
A year ago, I was doing $40k/mo too - now that number is $180k/mo. Do you have a job that you can 4x your pay in a year? Does your job let you pick the exact hours you work and when you get to spend time with your family?
@@FieldsofProfit Hi thanks for responding . Im just starting and getting some things in place . I listed couple products in the beauty category sold a couple of them now I see price tanking not good. So yes it always best to work for youself ! However , I just think selling products that will NET you Min. $15-$20 per item after all said and done . making $4-9 Net you have to sell thousands of the item to make it worthwhile and you have to invest heavily so risk is higher . Your thoughts .....
Why are talking so fast