Nick is 20 years old and making a killing on Amazon FBA…to the tune of $100,000+.
Basically, what he does is he finds a vendor online that sells stuff like dish soap or anything for that matter.
He’ll reach out and place a wholesale order.
When you buy something wholesale is when you a buy a lot of a product and you get a good price because you bought in bulk.
He has his order shipped directly to an Amazon warehouse.
He never sees the inventory!
Amazon handles the storage, shipping, customer service, and returns.
They take a small piece of the pie but look at everything they do!
If you do it right (read: use tools), you know exactly what’s selling and how quickly it will sell.
There are a lot of people making hundreds of thousands and millions of dollars doing this.
You can find all of the details on how to do this on YouTube but I’ve noticed that a lot of people either find or hire a mentor.
Nick also buys and flips cellphones and makes a few hundred a month if not more.
I used to do this in like 2012 (I don’t remember the exact year).
What I would do is post an ad on Craiglist saying “We buy phones cash”.
People would email me and try to sell me broken cell phones or phones with a bad ESN.
I’d lowball them (just being honest) then we’d agree on a price.
I’d turn around and list the phone on eBay.
The beauty of this is you can do all your research in less than 5 minutes on eBay and before you buy the phone so you’re always going to make a profit.
You can find Nick on IG @amazonwholesaler and YouTube. This guy is a real hustler.
Drop a comment and let me know what other questions I should’ve asked him or what else you want to know about the business.
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