I Tried Selling on Amazon for One Year

Is selling on Amazon as good as people say it is? In this video, I broke down the numbers on my first year selling on Amazon & how I grew it into a full-time income!
FREE Amazon Seller course & community used by 50k+ sellers:
whop.com/launchpad/
The FBA Roadmap - Complete guide to selling on Amazon: www.fieldsofprofit.com/fba-ro...
Come to the next free Amazon class:
go.thefbaroadmap.com/register...
SellerAmp SAS (Profit Calculator, Sales Estimator, etc)
"LAUNCHPAD" for 2-week trial and 50% off first-month
bit.ly/SellerAmp
FREE Product Sourcing Checklist:
fieldsofprofit.ck.page/sourci...
SOFTWARE I USE:
📈 | BQool Repricer Free Trial: bit.ly/BQoolFields
💰 | SellerSnap 10% off (POWERFUL Repricer for advanced sellers): bit.ly/SellerSnap
🚨 | IP Alert Code "FOP30" for $30 off: bit.ly/IPAlert
⚡ | Tactical Expander: bit.ly/TacticalExpander
📦 | 2 MONTH free trial of SellerBoard: sellerboard.com/?p=01066
💵 | Use GETIDA to get reimbursed on inventory Amazon lost automatically - Use this link to get $400 in reimbursements for free: online.getida.com/fields400
📚 | Hire My Amazon Account Health Team (IP complaints, counterfeit, legal consulting): bit.ly/AccountHealth
Get $30 Free when you spend $30 with Rakuten: bit.ly/Get30FreeWithRakuten
Polybags I use: bit.ly/PolyBags
BOOK A CALL WITH ME:
bit.ly/FOPAmazonConsulting
JOIN THE FACEBOOK GROUP:
bit.ly/FacebookMastermindFields
FOLLOW MY SOCIALS:
Instagram - / fieldsofprofit
Tiktok - / fieldsofprofit
Twitter - / fieldsofprofit
don't click this... bit.ly/36SIM1s
Some of these links are affiliate links and help support me in making more content.
Legal disclaimers: bit.ly/FOPLegal
#dropshipping #dropship #sidehustle
Topics:
I tried, I tried selling on Amazon,selling on amazon worth it,is amazon fba worth it,online arbitrage,selleramp,what is online arbitrage,amazon arbitrage,amazon arbitrage step by step,tactical arbitrage,online arbitrage sourcing,online arbitrage fba,online arbitrage for beginners,amazon product sourcing,how to sell on amazon for beginners,amazon product sourcing tutorial,how to sell on amazon fba,amazon product research,how to sell on amazon,what to sell on amazon,amazon fba for beginners,arbitrage,keepa,fba roadmap, fields of profit, Side hustle, side hustles, sell online, online side hustle, make money from home, make money online

[@FieldsofProfit]

Full free Amazon course and community: whop.com/launchpad/

[@EnablingEcom]

Thanks for being so transparent man! These breakdowns are gold for new sellers. We recently helped a client achieve similar results - it's all about strategy!

[@elbarber8971]

You da man! Thank you for the info and resources

[@FieldsofProfit]

Happy to help!

[@asimhd1990]

Thanks bro!

[@SabatianBach]

Warner once again great video. My question is finding that shoe on the Hoka website with a BSR of 62K making $47 profit, how many would or could you buy? That's where I get lost. With that type of profit and low BSR, why not buy 10,20,30 pairs? I am making an assumption that the website would limit your quantity so is there a way around that (ie different credit card or prep center?

[@FieldsofProfit]

Yeah something like that you'd usually go for a 10-20 unit test to see how it goes. Some fancy tricks you can use to know a closer sales estimate like Keepa offers or variations tab but lots is just getting real sales data to know for sure

[@pamelam9621]

Then how much did you have to nay on income taxes.

[@comptonfinest]

Can I sell refurbished phones on Amazon?

[@DIYAquatics929rr]

Do you have a warehouse? Where do you get the products you purchased sent to?

[@mrt5040]

Thanks my friend. Q:How deep do you go on a test buy if your not sure the item will be available by the time you see results?

[@FieldsofProfit]

I skip the test buy bc I have a lot of experience and buy a month of stock. But if you're confident in a buy and worried about getting it back at the right price then fire away. Keepa offers tab helps you decide how much you might sell too

[@mrt5040]

@@FieldsofProfit Thanks great advice 👍🏽

[@fathimaismath3898]

Do you offer Ready Sourcing List for subscribers? I literally have no time to source but want to be in the game. I was selling PL for 3 years though.

[@Foreveryone-Inspiration]

Hi I am an Amazon Product Researcher, reach out if you need help for your business to grow.

[@fbcollective]

New to OA, got a question. Let’s say 30 units ship to my house and I have 80 more units coming in 3-4 days. Is it worth to wait for the rest of the inventory to arrive? Or just prep the 30 units that arrived and schedule pick ups asap

[@FieldsofProfit]

Speed is usually the way to go, I’d ship them in asap personally

[@fbcollective]

Sounds good! Appreciate the response!

[@Ironpancakemoose]

Do you think that a receipt from HOKA website would count as an invoice for getting ungated in that brand?

[@FieldsofProfit]

Yep just make sure the info you use at purchase matches your seller account info

[@GamingInstincts]

What is the best youtuber/way of learning this? I have $8,000 in my bank. But I do not want to spend that much. I am okay with maybe spending $1,000 or $1,500 for the start. Where can I begin? can you send me a video or someone you recommend to watch? Please let me know. And nice videos btw! Liked and subbed.

[@FieldsofProfit]

Yeah I have a full free course you can start with here: kzbin.info/www/bejne/nqXOdouvi8SngtUsi=l06tpZAJcW4fefgl

[@DPerk_76]

Taxes?

[@ChineseSe7en]

Did you make that spreadsheet yourself, or is there some kind of export function on Amazon?

[@josephkona9413]

I made it for him!

[@ChineseSe7en]

@@josephkona9413 how so? Manually?

[@marinaomar8486]

Do you have wholesaler list ?

[@Shiela-ln4hf]

Hi, I'm an Amazon Product Researcher, reach out if you need help.

[@toptips4880]

cool

[@mizzysparrots4874]

So out of that $33,000 profit, you really didn’t make anything because you still need to pay irs taxes on that income, and then you need to factor in all your gas and mileage getting around to other stores, and all those hours spent searching books. So it looks great when you see you made $90,000 in sales but when it’s all said and done you were probably working for like $2 an hour lol

[@jakecondon5218]

Do you factor in gas,mileage for your day job??

[@mizzysparrots4874]

@@jakecondon5218 I’m an independent contractor so yes I do, very much so. Gas and mileage matter a lot, it takes away from profits

[@kuntz144]

He did a year of that now he runs a multi-million dollar company. I would lose out money to have a multi-million dollar company too. But besides that he did all his expenses and had $30,000 after if you know how to listen

[@Lmnoxddf]

Thoughts on Jatz Naran?

[@kamranzia9504]

He says he sells cd players , who buys cd players these days man???? Its just to sell you tibe video

[@FieldsofProfit]

Only place to get them is used online these days, people still collect stuff like that

[@isaiahsanchez4629]

Probably not most people need to find another niche

[@zezekz4245]

He sells your m👩m

[@charge251]

This is bull