This Product Makes $60k Per Month?!

Nice A jewelry organizer. Let's analyze that market on Amazon and see how much those sellers make. So quick search on Amazon with a keyword acrylic jewelry organiser. A lot of these sellers comes out. So let's see how much they make on Amazon. With the help of helium 10s X ray tool I can see that most of their sales are actually quite a lot. Right Look at the spread. This guy's making 500 K a man 100 K a man 60 K 50 K 40 K 40 K 30 K. A few thousands of dollars every single month just selling jewelry cases. So this tells me that this market has a high demand. There are a lot of customers looking for this product and they're buying it on a monthly basis. That's why there's so many sellers that's breaking well above $10,000 a month. And also another thing that I love is that look at this guy. This guy has 291 reviews a relatively new listing. And yeah he's already making 63 000 dollars a month just by selling this particular jewelry box. So when I click on the listing I can see that this guy is selling for 30 USD per unit. Analyzing on X ray further I can tell that this guy sells 2112 units per month thereby making him 63,000 revenue per month. A quick search at Alibaba dot com will tell me that I can probably get one box for about 5 USD. So in case You're wondering why you can just buy one item from Alibaba directly Cause you need to buy at least 100 pieces as a minimum order so this is only for sellers. So I key in all these items into the calculator. So the manufacturing cost $5 shipping cost from China to US 450 per cubic meter so that's about $4 and 60 per unit as you go down, FBA fees $7 each the storage fee 27 cent per month and referral fee of 4 50 cent so this 15 of your retail price so at the end of it all there is 8 56 profit per unit sold giving us a 28% profit margin and 86% ROI. Just need to take note that the profit margin doesn't account your Amazon PPC advertising cost that's not included yet. So I would usually account for 50% of my profit to be invested in PPC when I first launch because when you first launch no one knows you you need to spend some amount of ads advertising for you to get on page one on Amazon for highly relevant keywords. So this business model is called Amazon FBA. So this business model is called Amazon FBA Private Label so what this seller does he buys bulk from China's supplier send it over from China to US and let Amazon receive his item and whenever a customer buys from him Amazon will help to pick pack and ship the items directly to the customers Right And thereby, he's profiting from that. From there all you have to do is manage the inventory and the PPC. So DM FBA below to learn more from us Cheers guys