How I’ve Made $1,000,000’s Selling On Amazon

this product is making two million dollars per month on Amazon this product over here is making three million dollars per month on Amazon and this product is doing over four million dollars in sales every single month and I'm gonna show you the secret you can use to make millions of dollars on Amazon all you have to do is go to Amazon click on the best sellers Tab and then click on which category you're interested in for instance grocery Gourmet is a great category to create a product for and we can see here that the number one product is Celsius energy drink and when we click on it we can actually find out exactly how much this product is making every single month all you have to do is get this free Google Chrome extension you click on it and you click X-ray and it'll show you exactly in Revenue how much this product is doing and we can see that some flavors are doing a little over a million dollars but if we go down here we can see the peach mango green tea is doing over four million dollars and I'm going to show you exactly what type of products you should be selling on Amazon we're going to go over what my favorite categories to sell on look at the best selling products in each category and I want to see if you can spot the pattern on which products make the most money on Amazon and once we find a product that we want to create and sell on Amazon we're gonna buy it in bulk at a discounted price we're going to send it into the Amazon warehouse mark up the price and sell it on amazon.com and my name is Travis and I've created multiple six and seven figure Amazon FBA businesses so make sure to smash that like button right now because I'm going to show you the secret pattern that millionaire Amazon sellers know and the first thing that you're going to want to know is what category to sell it and let me share with you some of my favorite categories right now baby is a great category to sell in Beauty and personal care another great category to sell in you may also want to look at clothing shoes and jewelry Grocery and gourmet kitchen and dining pet supplies and there are a few other ones that I'd recommend but I would recommend avoiding categories like Electronics if this this is your first time selling on Amazon and let's go into the first category which is baby and we can see that the number one product right here is actually diapers which is not a surprise but let's see how much money this product is doing every single month and each size is doing almost a million dollars in sales every single month here the next category is Beauty and let's look at the number one selling product right here it's actually a patch that helps with acne which is a problem that a lot of people have and we can see that this one product is doing four hundred thousand dollars in Revenue every single month but what's crazy about this product right here is this company recently sold for over 600 million dollars and this business was started back in 2017 by a woman named Joe Ryu who is suffering with acne herself and she had reached a Breaking Point she was using all these harsh acids and things to fix her acne when she had the idea for this patch it worked and in just six years she was able to grow this business and sell it for over 600 million dollars the next category is clothing shoes and jewelry and the number one selling product here is Crocs and let's take a look at how much this product is making in the numbers for this are crazy they have a ton of different sizes and colors and some are making two million dollars some are making three million dollars some are even making four million dollars every single month now a lot of these products are being sold by companies that aren't Crocs for instance this is being sold by class value and if we click around we can see that other colors are being sold by completely different companies like this one's being sold by altcom and so what people are doing for this is they're buying Crocs wholesale and then selling them on Amazon so you might think that that's a good way to make money is to wholesale the Crocs products and sell them on Amazon but who's really making the most money with this it's actually the Crocs company themselves and you can see that the wholesale sellers are having to Discount their products heavily just to compete because there's so many different people that are wholesaling this product and reselling it on Amazon next up is kitchen and dining in the number one selling product is this product called the Stanley quencher and this recently Rose in popularity let's take a look at how much this product is making per month and there's a ton of different colors so some of them are making more than others and we can see that it ranges from three million dollars two million dollars four million dollars even five million dollars per month depending on the color and this product was actually created back in 1913 by William Stanley he found a new way to weld that would create a vacuum seal and he realized that this product could keep his drinks colder the product really started to take off in the last couple years because a marketing company bought this product and learned how to do proper branding how to properly put this product on Amazon and start doing marketing now if you're not seeing the pattern yet stick with me we have two more products that I want to show you that'll explain this even deeper so let's look at this product Earth rated dog poop bags this product when you add up all the different sizes is doing over 2.4 million dollars in sales every single month and I think a big reason why they're doing so well is they created a product that was better than the competition and they created amazing branding around it but the last category we're going to look at is the grocery and Gourmet category and as we already saw Celsius is doing around 4 million dollars per month for their top selling flavor and if you do the math that's over 50 million dollars in sales per year for just one flavor now I want to be honest with you that number is revenue and not profit even though you see these big numbers about how much money you can make on Amazon keep in mind there are a lot of costs associated with selling on Amazon for instance sales had to pay for the products that they're selling on Amazon they probably spent at least 10 million dollars on that cost alone you also have to pay a 15 fee just to sell on the Amazon platform that's over seven million dollars and I know that sounds like a lot of money but keep in mind that Amazon has over 300 million Prime customers last year alone they spent over 25 billion dollars in marketing so they've spent a lot of money creating their website getting customers for the website which makes it easier for you to make money selling on Amazon so they do charge you a fee for that on top of that there is a Pick and Pack fee and this is the fee that you have to pay every time Amazon picks packs and ships a product from its Warehouse to a customer and this is the reason why the Amazon FBA business model is one of the best ways to make passive income online because FBA stands for fulfilled by Amazon and as I mentioned earlier you buy products in bulk you ship it into the Amazon warehouse and when you do that it makes it so that your product is prime eligible on Amazon and most customer on Amazon want to buy Prime eligible products because they know that they can get it shipped to them sooner but the beautiful part about the Amazon FBA business model and why I recommend it to you is because Amazon is getting the customers coming into their website and they're handling the Fulfillment which means that you can pretty much remove yourself from the business and your business will keep running all you have to do is occasionally send emails to your manufacturer to buy more products and have them shipped into the Amazon warehouse there's also other fees when selling on Amazon that I talk about in other videos but as you can see this one product is doing over 20 million dollars in profit every single year and that's not even including the amount of money they're making by selling their product into retail stores in e-commerce which is people buying things online only makes up around 17 of all retail sales which means that Celsius is probably making way more money in retail than they are with Amazon and last year worldwide people spent over six trillion dollars online in the United States alone they spent over one trillion dollars and around 37 percent of every dollar spent online in the United States happened on amazon.com it was about 500 billion dollars in sales last year on amazon.com alone but if you create a product like Celsius did you can also sell it on walmart.com and walmart.com made up around six percent of all e-commerce sales in Celsius and all the other products I've showed you in this video so far not only can they sell on Amazon walmart.com their own website and they can get into retail stores but they can sell their product wherever they want so if you haven't seen the pattern yet on how to make a million dollars on Amazon let me show you step by step how to do it right now and the first thing you need to understand is there are multiple different ways to sell products on Amazon and some of them are better than others if your goal is to become a millionaire and Retail Arbitrage is probably the easiest way to get started you can see that this smart TV is being sold on target.com for a hundred and thirty nine dollars this exact same TV is being sold on Amazon.com for almost 3 hundred dollars so what you can do is you can buy it from Target flip it on Amazon and keep the profit and the benefit with Retail Arbitrage is you don't need a lot of money or time to get started you could literally just buy two or three TVs from Target flip them on Amazon and keep the profit but the problem with Retail Arbitrage is it's really hard to make a million dollars because you're constantly needing to go out and hunt for new products to sell and at the end of the day you're just a middleman the same thing is true with wholesale which is where you buy products in bulk with a wholesale discount like this rock tumbler that's being sold for 35 on tundra.com but this exact same product is being sold on Amazon.com for 99 so what you can do is buy it in bulk with that wholesale discount at tundra.com flip it on Amazon for that increased price of 99 and keep all the profit and the pro with wholesale is that you get to keep selling the same product because you have a wholesale discount you can keep buying it and flipping it on Amazon however the big con with wholesale is you're still just a middleman you're still making someone else rich and it's just a matter of time until another seller finds this exact same product and starts selling it on Amazon for a cheaper price than you undercutting you or the manufacturer Cuts you off and starts selling directly onto Amazon but one way to sell on Amazon that can work is called private labeling and this product right here is making over seventy thousand dollars per month and you can buy this exact same product on alibaba.com for 50 cents even though it's being sold on Amazon for around twelve dollars so you can go to alibaba.com put your own brand your own label on the product and flip it on Amazon for that increased price now the problem with this is if it's easy for you to go to Alibaba slap your own brand on it it's going to be easy for a lot of other people to do the exact same thing which means a lot of competition for you and you can still make money with private labeling if you create a really strong brand and you have strong marketing but a better way if you want to become a millionaire with Amazon is not just to take a generic product from Alibaba and slap a brand on it what you should do instead is either a improve an existing product or B create a new product that's not already on the market and that's what Brent did with crpro he saw that there were small torches and large torches but there's no medium size torch so he went to Alibaba he found a manufacturer that was selling torches and told him can we change this can we make it a little bit bigger and last year Brent did over a million dollars in sales AJ in his first year did 500 000 with cocktail cards and he saw that there was a lot of different cocktail recipe books but there was no cocktail flash cards so we found a flash card manufacturer on Alibaba created his own images to put on the flash cards and created this brand new product and the pattern with all the best-selling products on Amazon is they didn't just take an existing product and put their brand on it they created a better more improved product and they created amazing branding to go along with it and let me show you step by step how to do this the first step is to figure out what product you you want to sell on Amazon and there's tools like helium 10 that will help you to do product research which is where you figure out what product you're going to sell and you want to try to find a product that has a potential for a high amount of sales but there's low to no competition then you can go over to alibaba.com to find a manufacturer overseas or if you're looking to get your product made in the USA you can go to thomasnet.com you'll find a manufacturer for your product and you'll communicate with them how you want to make your product special and better than the competition you then buy your product in bulk at that discounted price have it sent into the Amazon warehouse create a listing for your product on Amazon and you start selling your product an example of how to do this is I recently launched the highest caffeine tea in the world I saw using the helium 10 software that a lot of people per month were searching for high caffeine tea highest caffeine tea but when I went to Amazon in search for this there were no results that really matched this search so I partnered with a student that joined my Amazon FBA program who had no previous experience sell on Amazon he found a manufacturer for the product then had a designer create a logo and packaging design he got his product manufactured sent it into the Amazon warehouse and launched it on Amazon and now he's doing about five thousand dollars a month in sales with literally no marketing efforts outside of Amazon he's actually on the beach in Thailand and creating completely passive income from this business and I did a two and a half hour long step-by-step video showing you exactly how we created that company you can click right here it's a complete free course on how to start selling on Amazon where I use this product as an example throughout the entire video so click on that video I'll see in the next video this is one of my most watched videos guys so I'm really excited to see you in that video so see you in the next video and thanks for watching

Channel: Travis Marziani

Views: 18,737

Keywords: Ecommerce, Online Store, Internet Marketing, Online Marketing, Shopify, online shopping, marketing, Effective Ecommerce, Amazon FBA, Private Label, entrepreneur

Id: FMgCLai40O0

Length: 13min 11sec (791 seconds)

Published: Fri May 19 2023