So I made Featured Merchant on Amazon yesterday. - Page 2
Blogs > Sky101 |
Shootemup.
United States1044 Posts
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fuzzayy
United States99 Posts
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turdburgler
England6749 Posts
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PassiveAce
United States18076 Posts
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josemb40
Peru611 Posts
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dahornnn
United Kingdom395 Posts
GL sir. | ||
nitdkim
1264 Posts
![]() edit: congrats! now you can start lots of giveaways and raffle prizes and stuff on beauty forums and stuff with that extra money to get even more money! | ||
Skew
United States1019 Posts
On September 21 2011 22:55 Sky101 wrote: Many many 2-hours sleep nights, and days where I only have time for 1 single meal (dinner). I literally poured in all my time, energy, effort into this business. And finally it's starting to pay off The "secret" to getting better at StarCraft 2 revealed! ![]() Congratulations on it. If you could share, what country do you get your most supply from? | ||
Sky101
United States1758 Posts
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Zorkmid
4410 Posts
On September 21 2011 22:55 Sky101 wrote: At roughly 3 pm Pacific Standard Time on September 20th, 2011, my status went from New Merchant to Featured Merchant. I've been selling cosmetics, fragrances, and beauty/health-care products on Amazon for several months now. Looking back, I'm quite proud of everything that I've done to lead my store to be featured today. Many many 2-hours sleep nights, and days where I only have time for 1 single meal (dinner). I literally poured in all my time, energy, effort into this business. And finally it's starting to pay off. Before yesterday, I was doing on average maybe 15-20 orders a day. From 3pm to 11:59pm yesterday, there were 60 orders, for a total of 75 orders for the day. Many people already told me of how becoming a Featured Merchant would bring in so much more business. I didn't know it's THIS much more. I'm currently overwhelmed, with joy and happiness, but also physically. I'm thinking it's probably time to hire more people. I'm currently hiring 1 part time employee to help me with generally everything. But that won't be enough for the coming days ahead, especially with the holiday season approaching. I've been making very very good money even with the New Merchant status. At this rate I'm hoping to be a millionaire in several years. A man can dream <3 September 20th, 2011 will mark a major milestone in my life. That's great man! Good for you! Any tips for a slacker that wants to make more money and do less work? | ||
sl0t
United States73 Posts
again congrats! that's a big step | ||
Sky101
United States1758 Posts
On September 22 2011 05:33 Zorkmid wrote: That's great man! Good for you! Any tips for a slacker that wants to make more money and do less work? Hey I was a slacker just like anybody else when I was younger. It took me a while to realize what I really wanted to do. Once figured out, everything will eventually fall into place. 1st update on being a Featured Merchant: My sale revenue was nearly $2,400 yesterday. That's roughly 5 times my usual. Can't wait to see what today holds. | ||
Djzapz
Canada10681 Posts
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Warrior Madness
Canada3791 Posts
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FFGenerations
7088 Posts
so you bought some cheap wholesale products and advertised them on amazon and sold them for profit? you figured out some products that are really good to buy and resell and it just started to happen? and you invested in large bulk buys of quality branded products like loriel and stuck them on amazon and people located and bought them giving you a profit? you didnt even have to do anything tricky, you just needed enough money to bulk buy so you can provide an attractive price? but how did you specifically lure customers to your store and not one of a million other stores? is it because of your product choice? how did you advertise or did it just start to happen on amazon edit: also is it "hard work" because you're sorting and mailing all of the orders nonstop? | ||
Sky101
United States1758 Posts
On September 22 2011 11:58 FFGenerations wrote: good god so you bought some cheap wholesale products and advertised them on amazon and sold them for profit? you figured out some products that are really good to buy and resell and it just started to happen? and you invested in large bulk buys of quality branded products like loriel and stuck them on amazon and people located and bought them giving you a profit? you didnt even have to do anything tricky, you just needed enough money to bulk buy so you can provide an attractive price? but how did you specifically lure customers to your store and not one of a million other stores? is it because of your product choice? how did you advertise or did it just start to happen on amazon edit: also is it "hard work" because you're sorting and mailing all of the orders nonstop? I don't understand your post. If my blog came off too flashy-showy that it had to trigger a condescending mockery like yours, then I think you're reading my blog wrong. I don't know if I should address every single point in your post, because I'm not sure if you wrote it in an inquiring manner or just plainly mockingly. Maybe all the praising replies angered you so, that you couldn't just see a guy simply happy because all his work is paying off? | ||
tryummm
774 Posts
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tryummm
774 Posts
On September 22 2011 05:33 Zorkmid wrote: That's great man! Good for you! Any tips for a slacker that wants to make more money and do less work? If you find out what you love and you do what you love all day long you will fix your problem. | ||
HardMacro
Canada361 Posts
Edit: Also, due to my limited internet shopping history, I wonder how a merchant stays competitive in such a cut-throat business? I mean, the cost of opening an internet store is much lower than the cost of opening a physical store, not to mention the ease and convenience so entry into the market is very easy. Also, since I'm buying big brand products (identical from store to store) online, all the physical shopping factors such as store location, atmosphere, etc. become irrelevant so my only real concern is price. Moreover on this point, due to the wonders of the internet, I can price discriminate perfectly. So what's stopping other stores from lowering their price of an identical product and attracting all your customers? Is it selection and trustworthiness or something else? For example, a quick search of your product "Olay Professional Pro-X Advanced Cleansing System" yields many hits, some cheaper than yours from other stores. This is probably true for most of your other products as well, someone's bound to be more competitive in pricing. So how much of that product are you selling and when? After all the stock has been depleted from cheaper stores? What's even more puzzling to me is the fact that internet merchants are able to secure products at a discount deep enough from wholesalers to make a profit. In traditional sales requiring a physical storefront, deep discounting to merchants is justified because the time/money that a merchant spends distributing products warrant their profits. However, there is no storefront costs, no transportation costs or any other significant distribution costs that internet merchants have to cover. So why don't wholesalers have their own internet stores selling products for cheaper? And if there are, then how are internet merchants still making a profit? Thanks, I'm studying this topic and also want to start an internet business myself. Cheers. | ||
Primadog
United States4411 Posts
On September 22 2011 12:36 Sky101 wrote: I don't understand your post. If my blog came off too flashy-showy that it had to trigger a condescending mockery like yours, then I think you're reading my blog wrong. I don't know if I should address every single point in your post, because I'm not sure if you wrote it in an inquiring manner or just plainly mockingly. Maybe all the praising replies angered you so, that you couldn't just see a guy simply happy because all his work is paying off? Ignore it. Anything where you put time and effort into, and was rewarded, deserve praise. Congrats and job well done. I hope you can treat yourself a bit for making this milestone. | ||
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