Read on TwitterThere are STILL people that think that making money online
- requires a lot of time
- is for businesses only
- takes a lot of money
I don& #39;t believe it.
So I& #39;m going to launch an Amazon product in 100 days
- no experience
- no training
- no fear
Before we begin, I want to credit @oliviercantin for the idea.
1 hour a day for 100 days on one skill.
It will change your life.
I believe him.
This is going to be a thread updated daily.
I will document what was done, and how much time it took.
Let& #39;s make some money!
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔻" title="Nach unten zeigendes rotes Dreieck" aria-label="Emoji: Nach unten zeigendes rotes Dreieck">
1 hour a day for 100 days on one skill.
It will change your life.
I believe him.
This is going to be a thread updated daily.
I will document what was done, and how much time it took.
Let& #39;s make some money!
100 DAY FBA - Day 1 (June 22)
I literally spent an hour watching a video titled
"What is FBA"https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">
(Spoiler alert: It& #39;s Fulfilled by Amazon)
You create/resell products on Amazon.
- no customer support
- only have to ship once
- you don& #39;t to store inventory
So far, so good.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔻" title="Nach unten zeigendes rotes Dreieck" aria-label="Emoji: Nach unten zeigendes rotes Dreieck">
I literally spent an hour watching a video titled
"What is FBA"
(Spoiler alert: It& #39;s Fulfilled by Amazon)
You create/resell products on Amazon.
- no customer support
- only have to ship once
- you don& #39;t to store inventory
So far, so good.
100 DAY FBA - Day 2 (1h)
Followed a few FBA people on Twitter (15m)
@iamhasscr
@wizofecom
@Veliox5
@andyisom100K
Created a first draft of a budget (45min)
decided that 5k would be good.
- small enough that if I screw up it& #39;s NBD
- big enough that it& #39;s worth my time
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔻" title="Nach unten zeigendes rotes Dreieck" aria-label="Emoji: Nach unten zeigendes rotes Dreieck">
Followed a few FBA people on Twitter (15m)
@iamhasscr
@wizofecom
@Veliox5
@andyisom100K
Created a first draft of a budget (45min)
decided that 5k would be good.
- small enough that if I screw up it& #39;s NBD
- big enough that it& #39;s worth my time
100 DAY FBA - Day 3 (2h)
Market research!
JungleScout seems to be the must-have software for this.
It& #39;s good for:
- Finding Products
- Keyword Search
- Suppliers
- Inventory Management
Check it out here for 15-30% off (aff)
https://bit.ly/2YKafOu
https://bit.ly/2YKafOu&q... class="Emoji" style="height:16px;" src=" https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔻" title="Nach unten zeigendes rotes Dreieck" aria-label="Emoji: Nach unten zeigendes rotes Dreieck">
Market research!
JungleScout seems to be the must-have software for this.
It& #39;s good for:
- Finding Products
- Keyword Search
- Suppliers
- Inventory Management
Check it out here for 15-30% off (aff)
https://bit.ly/2YKafOu
100 DAY FBA - Day 4 (2h)
Decided on a home decor product.
Logic:
- lightweight (shipping)
- good margin
- no moving parts
- not easily damaged in transit
- no electronic parts
- low return rate
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔻" title="Nach unten zeigendes rotes Dreieck" aria-label="Emoji: Nach unten zeigendes rotes Dreieck">
Decided on a home decor product.
Logic:
- lightweight (shipping)
- good margin
- no moving parts
- not easily damaged in transit
- no electronic parts
- low return rate
100 DAY FBA - Day 5 (2h)
Started negotiating on Alibaba.
Found out that advertised prices are not accurate.
Even if you& #39;re ordering only a few hundred pieces, you& #39;re going to be paying more.
Had to find another product.https://abs.twimg.com/emoji/v2/... draggable="false" alt="😒" title="Unerfreutes Gesicht" aria-label="Emoji: Unerfreutes Gesicht">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔻" title="Nach unten zeigendes rotes Dreieck" aria-label="Emoji: Nach unten zeigendes rotes Dreieck">
Started negotiating on Alibaba.
Found out that advertised prices are not accurate.
Even if you& #39;re ordering only a few hundred pieces, you& #39;re going to be paying more.
Had to find another product.
100 DAY FBA - Day 6 (1h)
You don& #39;t want AliExpress, TaoBao, or Alibaba!
The best pricing is on the Chinese Ali site, 1688(dot)com
- found a new product
- negotiated a fair price
- used WeChat to talk to sales rep.
Much easier than email (YMMV)
- had sample product mailed
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔻" title="Nach unten zeigendes rotes Dreieck" aria-label="Emoji: Nach unten zeigendes rotes Dreieck">
You don& #39;t want AliExpress, TaoBao, or Alibaba!
The best pricing is on the Chinese Ali site, 1688(dot)com
- found a new product
- negotiated a fair price
- used WeChat to talk to sales rep.
Much easier than email (YMMV)
- had sample product mailed
100 DAY FBA - Day 7 (1h)
Lined up shipping from factory to Shenzhen, which is where the products will fly out of.
Lined up photographer in China to take pictures. The supplier put me in touch and gave me a pretty reasonable rate.
THIS IS ONE WEEK!
Just move forward.!
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔻" title="Nach unten zeigendes rotes Dreieck" aria-label="Emoji: Nach unten zeigendes rotes Dreieck">
Lined up shipping from factory to Shenzhen, which is where the products will fly out of.
Lined up photographer in China to take pictures. The supplier put me in touch and gave me a pretty reasonable rate.
THIS IS ONE WEEK!
Just move forward.!
100 DAY FBA - Day 8 (1h)
- Sample products arrived. Quality is actually better than expected.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎉" title="Partyknaller" aria-label="Emoji: Partyknaller"> Pull the trigger on 500 pieces https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎉" title="Partyknaller" aria-label="Emoji: Partyknaller">
- Spend 15 minutes thinking of a name and logo to put on the tag
The old me would have spent HOURS on this
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔻" title="Nach unten zeigendes rotes Dreieck" aria-label="Emoji: Nach unten zeigendes rotes Dreieck">
- Sample products arrived. Quality is actually better than expected.
- Spend 15 minutes thinking of a name and logo to put on the tag
The old me would have spent HOURS on this
100 DAY FBA - Day 9 (2h)
I made this thread. I& #39;m working +60h right now and haven& #39;t had time until now.
Next I have to figure out advertising.
I feel like this is where things are going to get difficult.
If I screw up the PPC, I could end uphttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📉" title="Tabelle mit Abwärtstrend" aria-label="Emoji: Tabelle mit Abwärtstrend">.
No experience here either.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔻" title="Nach unten zeigendes rotes Dreieck" aria-label="Emoji: Nach unten zeigendes rotes Dreieck">
I made this thread. I& #39;m working +60h right now and haven& #39;t had time until now.
Next I have to figure out advertising.
I feel like this is where things are going to get difficult.
If I screw up the PPC, I could end up
No experience here either.