326: Reselling on Amazon with a $1 Million Seller: Lets Go Pick Up Profit!

Published: March 14, 2019, 9 a.m.

b"Jessica Larrew and her husband Cliff have been reselling on Amazon for years. And though it started as a part-time side hustle, it turned into a serious business--they've sold more than $1 million worth of stuff on Amazon!\\nWhat's surprising \\u2013 and I think exciting \\u2013 is that they\\u2019ve done this is by finding profitable products to resell primarily in nearby retail stores.\\nHow Reselling on Amazon Works\\nJessica takes advantage of Amazon\\u2019s FBA program, or Fulfillment by Amazon. This is Amazon's way of crowdsourcing its inventory, and letting regular people like us tap into its world-class logistics network.\\nThat means this Selling Family doesn't have to ship anything to the end customer, handle returns, or write up product descriptions.\\nHow the business works is like any other retail business: you profit on the spread between the cost of your product and what it sells for. Now you have to account for Amazon's fees and shipping costs, but it's basically buy low, sell high.\\nAnd the best part of this side hustle is that you can get started today with whatever initial inventory investment you're comfortable with.\\nFull Show Notes: Reselling on Amazon with a $1 Million Seller: Let\\u2019s Go Pick Up Profit!\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"