Hey gang, hope you've been well!
No hard selling here, just something to show you for some inspiration.
For those of you who are considering selling online via Amazon FBA (Fulfillment by Amazon), you're probably wondering 'can I make any real money with it'? And my answer is a wholehearted YES.
The snapshot to the above-right (Click here for a bigger view) shows my profit ($1590) for the past two weeks (this translates to $41K+ year). (The numbers are not fake, trust me)
This is my gross profit AFTER Amazon deducts their fees, commissions, and my shipping charges.
My NET profit is approx. $1100 every two weeks, AFTER I deduct my general expenses (approx. 30% of my profit.) General expenses = cost of inventory (i.e. the goods I'm buying to ship to Amazon FBA), my subscription fees to my scanner's subscription, FBAPower, and other online tools I use to manage my FBA business.
That $1100 every two weeks translates to $28,600 per year net profit (before taxes). (My average annual profit is much higher - it's been a slow couple months because I've been busy renovating my new home)
Remember I do Amazon FBA VERY Part time now. I have a good 3 or 4 solid revenue streams, and FBA is just one of them.
BONUS: My Amazon FBA business is VERY 'part time'. (recently it's been as low as 15 hours per week).
> Amazon.com's Link to sign up as an Amazon FBA Seller
Happy Selling!
Stay Classy, Internet folks.
-J.B. Malik
