How To Make $20,000 In A Month Private Labeling A TRENDY Product On Amazon FBA
Published on: November 30 2022 by Carter Maxwell
How To Make $20,000 In A Month Private Labeling A TRENDY Product On Amazon FBA
How To Make $20,000 In A Month Private Labeling A TRENDY Product On Amazon FBA
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| 00:00:00 | 00:00:04 | what's up everyone Carter Maxwell here |
| 00:00:02 | 00:00:06 | the high school hustler and in this |
| 00:00:04 | 00:00:09 | video I'll be going over how you can |
| 00:00:06 | 00:00:12 | make twenty thousand dollars in one |
| 00:00:09 | 00:00:15 | month selling a trendy private label |
| 00:00:12 | 00:00:17 | product on Amazon FBA you know if you |
| 00:00:15 | 00:00:20 | guys are interested in creating your own |
| 00:00:17 | 00:00:22 | online e-commerce business to make money |
| 00:00:20 | 00:00:24 | while you sleep and this is the chanter |
| 00:00:22 | 00:00:26 | for you so go ahead and hit that |
| 00:00:24 | 00:00:28 | subscribe button guys before you even |
| 00:00:26 | 00:00:31 | get to the video let me know let me know |
| 00:00:28 | 00:00:32 | how you did this q4 or how you're doing |
| 00:00:31 | 00:00:35 | this q4 how your sales are looking |
| 00:00:32 | 00:00:37 | compared to last year sales or earlier |
| 00:00:35 | 00:00:39 | last month sales and let me know how |
| 00:00:37 | 00:00:40 | this q4 went for you guys it's going |
| 00:00:39 | 00:00:43 | great for me skills |
| 00:00:40 | 00:00:45 | absolutely skyrocketing and there's lots |
| 00:00:43 | 00:00:46 | of money being put back in my bank |
| 00:00:45 | 00:00:49 | account so I'm super excited hope you |
| 00:00:46 | 00:00:50 | guys are killing it as well and keep me |
| 00:00:49 | 00:00:51 | updated let me know in the comments how |
| 00:00:50 | 00:00:53 | you guys did |
| 00:00:51 | 00:00:54 | alright so set aside for me trying to |
| 00:00:53 | 00:00:56 | say something cool about the t-shirt |
| 00:00:54 | 00:00:58 | that I'm wearing the reason I am |
| 00:00:56 | 00:01:01 | creating this video is because I want to |
| 00:00:58 | 00:01:03 | let you guys know that you can make an |
| 00:01:01 | 00:01:06 | absolute killing when it comes to |
| 00:01:03 | 00:01:09 | selling trendy private-label products on |
| 00:01:06 | 00:01:11 | Amazon FBA I'm gonna be sharing my story |
| 00:01:09 | 00:01:13 | when it actually came to selling a |
| 00:01:11 | 00:01:15 | private-label product and I will let you |
| 00:01:13 | 00:01:17 | know what exactly that product is and |
| 00:01:15 | 00:01:19 | how one month I was able to do over |
| 00:01:17 | 00:01:22 | twenty five thousand dollars in sales |
| 00:01:19 | 00:01:24 | from that one product so let's get right |
| 00:01:22 | 00:01:27 | into it so like I mentioned earlier I'm |
| 00:01:24 | 00:01:29 | gonna kind of break down my story into |
| 00:01:27 | 00:01:31 | four main components the first one being |
| 00:01:29 | 00:01:34 | the product that I was selling the |
| 00:01:31 | 00:01:36 | second being the process that it took to |
| 00:01:34 | 00:01:38 | actually sell a trendy product the third |
| 00:01:36 | 00:01:40 | being the outcome from song that trendy |
| 00:01:38 | 00:01:42 | product and the fourth being the |
| 00:01:40 | 00:01:44 | mistakes that I had made and hopefully I |
| 00:01:42 | 00:01:46 | can help you guys not making the future |
| 00:01:44 | 00:01:48 | if you do decide it's selling a trendy |
| 00:01:46 | 00:01:50 | product so make sure you watch this |
| 00:01:48 | 00:01:51 | whole video it's gonna go super in-depth |
| 00:01:50 | 00:01:54 | so let's get straight into it the first |
| 00:01:51 | 00:01:55 | toking point I'll be going over is the |
| 00:01:54 | 00:01:57 | product now I wish I had a cool drum |
| 00:01:55 | 00:01:59 | roll and I knew how to edit videos but I |
| 00:01:57 | 00:02:00 | don't know how to do any of that so I'm |
| 00:01:59 | 00:02:02 | just gonna announce the product the |
| 00:02:00 | 00:02:05 | trendy product that I sold probably |
| 00:02:02 | 00:02:07 | heard of it fidget spinners now there's |
| 00:02:05 | 00:02:10 | so many different online sellers that |
| 00:02:07 | 00:02:12 | had different opinions about fidget |
| 00:02:10 | 00:02:13 | spinners and just selling trendy |
| 00:02:12 | 00:02:15 | products in general so I'm just going to |
| 00:02:13 | 00:02:18 | kind of go over that and what my |
| 00:02:15 | 00:02:20 | personal opinion is so if you listen to |
| 00:02:18 | 00:02:21 | different online sellers of me Amazon |
| 00:02:20 | 00:02:23 | Shopify you're always going to hear |
| 00:02:21 | 00:02:26 | different opinions when it comes to |
| 00:02:23 | 00:02:28 | selling sees no trendy products now for |
| 00:02:26 | 00:02:30 | instance a fidget spinner obviously |
| 00:02:28 | 00:02:32 | you're only going to be able to sell |
| 00:02:30 | 00:02:34 | that product for like a certain period |
| 00:02:32 | 00:02:36 | of time around that peak time obviously |
| 00:02:34 | 00:02:38 | to where you can make the most amount of |
| 00:02:36 | 00:02:40 | money now the sellers that are a little |
| 00:02:38 | 00:02:41 | bit more stable and like those products |
| 00:02:40 | 00:02:44 | that sell consistently year-round |
| 00:02:41 | 00:02:46 | training products seasonal products are |
| 00:02:44 | 00:02:48 | not for them because if they're if it's |
| 00:02:46 | 00:02:49 | like trendy during this month next month |
| 00:02:48 | 00:02:51 | is probably gonna go down a little bit |
| 00:02:49 | 00:02:53 | down to where like doesn't sell at all |
| 00:02:51 | 00:02:55 | now for the risk takers that people like |
| 00:02:53 | 00:02:57 | to go big or go home |
| 00:02:55 | 00:02:58 | trendy products are literally everything |
| 00:02:57 | 00:02:59 | for them because they're putting in all |
| 00:02:58 | 00:03:01 | their money they're putting all their |
| 00:02:59 | 00:03:03 | time and effort to this product to be |
| 00:03:01 | 00:03:05 | able to make sales and kill it while |
| 00:03:03 | 00:03:07 | it's still peaking and then hopefully |
| 00:03:05 | 00:03:09 | they'll be able to sell out that product |
| 00:03:07 | 00:03:12 | make as much money as they can as it |
| 00:03:09 | 00:03:14 | slowly declines now just a little bit |
| 00:03:12 | 00:03:16 | about my backstory but I was probably |
| 00:03:14 | 00:03:17 | one of the first three they're probably |
| 00:03:16 | 00:03:20 | five or six hundred people would |
| 00:03:17 | 00:03:22 | actually start selling fidget spinners |
| 00:03:20 | 00:03:25 | on Amazon so I hopped on the trend |
| 00:03:22 | 00:03:27 | fairly quickly now at that time I didn't |
| 00:03:25 | 00:03:28 | know how popular this was I just kind of |
| 00:03:27 | 00:03:31 | made a test ordered I think my test |
| 00:03:28 | 00:03:33 | order was I don't know around 250 to 300 |
| 00:03:31 | 00:03:35 | units around three to four dollars |
| 00:03:33 | 00:03:36 | apiece per unit I was just kind of |
| 00:03:35 | 00:03:39 | throwing up on Amazon like all right see |
| 00:03:36 | 00:03:41 | what happens and then things took off |
| 00:03:39 | 00:03:43 | after making that order I'm gonna get |
| 00:03:41 | 00:03:45 | into the second toking point the |
| 00:03:43 | 00:03:47 | process of selling a trendy product so |
| 00:03:45 | 00:03:50 | like I mentioned earlier I placed an |
| 00:03:47 | 00:03:52 | order of around 250 300 units for about |
| 00:03:50 | 00:03:54 | three dollars apiece for the fidgets |
| 00:03:52 | 00:03:56 | spinners once I checked him in Amazon |
| 00:03:54 | 00:03:58 | they sold pretty consistently around 15 |
| 00:03:56 | 00:04:00 | to 20 a day and I was like hey these are |
| 00:03:58 | 00:04:02 | so on I'm gonna go back and place an |
| 00:04:00 | 00:04:04 | even larger order and the order was |
| 00:04:02 | 00:04:07 | probably double so instead of 250 spin |
| 00:04:04 | 00:04:10 | suspenders I think it was around 750 so |
| 00:04:07 | 00:04:12 | I kind of tripled my original order and |
| 00:04:10 | 00:04:15 | I got him back up to Amazon and they |
| 00:04:12 | 00:04:17 | sold even faster and sounds like him I |
| 00:04:15 | 00:04:18 | would make him even a bigger order it's |
| 00:04:17 | 00:04:22 | probably around $1500 I've probably |
| 00:04:18 | 00:04:24 | dropped 5 or 6 grand on fidget spinners |
| 00:04:22 | 00:04:27 | for my listing got him back in stok |
| 00:04:24 | 00:04:32 | they sold even faster before I knew |
| 00:04:27 | 00:04:35 | I had two back-to-back $4000 days |
| 00:04:32 | 00:04:36 | selling one product fidgets benders now |
| 00:04:35 | 00:04:39 | think of that |
| 00:04:36 | 00:04:41 | how much would $4,000 in one day change |
| 00:04:39 | 00:04:43 | your life now I'm not here to brag I |
| 00:04:41 | 00:04:45 | don't I don't care what you guys think I |
| 00:04:43 | 00:04:48 | just want to let you know this is like |
| 00:04:45 | 00:04:50 | purely motivational 4,000 dollars a day |
| 00:04:48 | 00:04:52 | obviously not all that was profit I |
| 00:04:50 | 00:04:54 | think my margins were pretty pretty good |
| 00:04:52 | 00:04:56 | they were like 50 to 60 percent set up |
| 00:04:54 | 00:04:57 | that four thousand my profit margins |
| 00:04:56 | 00:05:01 | running in front way anywhere from like |
| 00:04:57 | 00:05:03 | 2000 to 2500 for that day now that was |
| 00:05:01 | 00:05:05 | at the peak peak time when sales were |
| 00:05:03 | 00:05:07 | just absolutely insane any pitches |
| 00:05:05 | 00:05:08 | spinning threw up on Amazon would sell |
| 00:05:07 | 00:05:10 | immediately I mean I was buying these |
| 00:05:08 | 00:05:12 | fidgets spinners for as low as like $2 |
| 00:05:10 | 00:05:14 | per fitness mentor and I was making $8 |
| 00:05:12 | 00:05:17 | in profit so my margins were just |
| 00:05:14 | 00:05:22 | absolutely insane at one point and then |
| 00:05:17 | 00:05:24 | I decided to wire in $18,000 payment to |
| 00:05:22 | 00:05:27 | China for the biggest order I've ever |
| 00:05:24 | 00:05:29 | made in my whole entire life |
| 00:05:27 | 00:05:33 | that leads me into the third toking |
| 00:05:29 | 00:05:35 | point the aftermath of selling vigeous |
| 00:05:33 | 00:05:37 | benders now let me just continue and |
| 00:05:35 | 00:05:39 | finish my story of where I left off so I |
| 00:05:37 | 00:05:43 | just left you on the cliffhanger of me |
| 00:05:39 | 00:05:47 | sending an $18,000 wire to some person |
| 00:05:43 | 00:05:48 | in China now I did not get scammed if |
| 00:05:47 | 00:05:50 | that's what you were thinking I still |
| 00:05:48 | 00:05:53 | got all the spinners but what happened |
| 00:05:50 | 00:05:56 | is after I placed this $18,000 order I |
| 00:05:53 | 00:05:58 | was out of stok on every single one of |
| 00:05:56 | 00:06:00 | my vigeous spinner listing so I had |
| 00:05:58 | 00:06:02 | nothing in stok and so my BSR is |
| 00:06:00 | 00:06:04 | absolutely skyrocketing and when your BS |
| 00:06:02 | 00:06:06 | r goes up that means you're not making |
| 00:06:04 | 00:06:08 | sales that means you're dropping farther |
| 00:06:06 | 00:06:11 | back in the rankings on Amazon which is |
| 00:06:08 | 00:06:13 | definitely not a good thing and with |
| 00:06:11 | 00:06:15 | placing such a large order in with the |
| 00:06:13 | 00:06:17 | supplier taking other large orders from |
| 00:06:15 | 00:06:18 | everyone else I was selling food to |
| 00:06:17 | 00:06:20 | spenders guess what people were |
| 00:06:18 | 00:06:22 | realizing is the next product everyone |
| 00:06:20 | 00:06:26 | was hopping into and so my supplier was |
| 00:06:22 | 00:06:28 | being just just plays with like giant |
| 00:06:26 | 00:06:30 | giant orders of spinners and so |
| 00:06:28 | 00:06:31 | mine was just far back and it took I |
| 00:06:30 | 00:06:33 | think two weeks two and a half weeks |
| 00:06:31 | 00:06:35 | then they finished the production and |
| 00:06:33 | 00:06:36 | then after they finished the production |
| 00:06:35 | 00:06:37 | that is shipped to my house and then I |
| 00:06:36 | 00:06:39 | had the processing about my house and |
| 00:06:37 | 00:06:41 | then ship them back to Amazon where it |
| 00:06:39 | 00:06:44 | took another week from the skin |
| 00:06:41 | 00:06:47 | and by the time they scanned in so much |
| 00:06:44 | 00:06:49 | competition had come onto Amazon that my |
| 00:06:47 | 00:06:51 | ranking wherever I have for the keywords |
| 00:06:49 | 00:06:52 | I was ranking forward just absolutely |
| 00:06:51 | 00:06:54 | gone there's all these new sellers that |
| 00:06:52 | 00:06:57 | were coming on and I was never able to |
| 00:06:54 | 00:06:59 | get back to that velocity that I had at |
| 00:06:57 | 00:07:03 | that peak time now don't get me wrong I |
| 00:06:59 | 00:07:05 | still made a lot of money selling fidget |
| 00:07:03 | 00:07:08 | spinners although on that last order I |
| 00:07:05 | 00:07:10 | ended up losing quite a bit of money |
| 00:07:08 | 00:07:12 | I'll keep that disclosed but I did end |
| 00:07:10 | 00:07:13 | up losing a lot of money on that last |
| 00:07:12 | 00:07:15 | order there's some times I had to |
| 00:07:13 | 00:07:17 | liquidate to fidget spinners I had to |
| 00:07:15 | 00:07:18 | order some back to my health and sell |
| 00:07:17 | 00:07:20 | them on Craigslist use different deal |
| 00:07:18 | 00:07:23 | sites just so I could try to make my |
| 00:07:20 | 00:07:26 | money back if not a small loss but now |
| 00:07:23 | 00:07:28 | to the fourth toking point what did I |
| 00:07:26 | 00:07:29 | learn from selling a trendy product on |
| 00:07:28 | 00:07:31 | Amazon |
| 00:07:29 | 00:07:33 | well first off I learned that if you |
| 00:07:31 | 00:07:34 | take advantage and you hop on to a |
| 00:07:33 | 00:07:37 | trendy product before it hits its peak |
| 00:07:34 | 00:07:40 | time you can make an absolute killing |
| 00:07:37 | 00:07:42 | selling them on Amazon I also learned |
| 00:07:40 | 00:07:45 | that if you hop on a trendy product too |
| 00:07:42 | 00:07:47 | late placed too big of an order and |
| 00:07:45 | 00:07:49 | aren't experienced when it comes to |
| 00:07:47 | 00:07:52 | selling trendy products you can lose a |
| 00:07:49 | 00:07:54 | lot of money in the backend when that |
| 00:07:52 | 00:07:56 | product has stopped selling when it's |
| 00:07:54 | 00:07:59 | not at his peak time and that trend is |
| 00:07:56 | 00:08:01 | starting to die off now everyone asked |
| 00:07:59 | 00:08:03 | me if you had the chance to take it back |
| 00:08:01 | 00:08:05 | would you still have sold those fidgets |
| 00:08:03 | 00:08:07 | spinners or would you said no my answer |
| 00:08:05 | 00:08:08 | is yes I wish I would have went even |
| 00:08:07 | 00:08:11 | harder into the fidgets spinners if I |
| 00:08:08 | 00:08:12 | knew how often and how well they were |
| 00:08:11 | 00:08:15 | gonna sell and I wish I would have had a |
| 00:08:12 | 00:08:17 | better exit strategy but me never ever |
| 00:08:15 | 00:08:18 | selling a trendy product before I didn't |
| 00:08:17 | 00:08:20 | know how to personally eggs I didn't |
| 00:08:18 | 00:08:22 | know how to be able to save my butt by |
| 00:08:20 | 00:08:24 | not placing a giant order when it was |
| 00:08:22 | 00:08:26 | still peak time on that product and now |
| 00:08:24 | 00:08:28 | that I learned for the next trendy |
| 00:08:26 | 00:08:30 | product I'm still gonna ride the way but |
| 00:08:28 | 00:08:32 | I'm gonna have a better exit strategy to |
| 00:08:30 | 00:08:34 | where I don't lose a lot of money when |
| 00:08:32 | 00:08:36 | that trend starts to die off now for |
| 00:08:34 | 00:08:39 | those of you that are interested in how |
| 00:08:36 | 00:08:42 | I currently make my full-time living up |
| 00:08:39 | 00:08:44 | to $25,000 months selling private-label |
| 00:08:42 | 00:08:46 | products on Amazon make sure you click |
| 00:08:44 | 00:08:48 | the first link in the description of |
| 00:08:46 | 00:08:50 | this video and check out my course |
| 00:08:48 | 00:08:53 | anyways guys that is it for this video |
| 00:08:50 | 00:08:54 | on how you can make twenty to thirty to |
| 00:08:53 | 00:08:57 | forty thousand |
| 00:08:54 | 00:09:00 | in one month private labeling a trendy |
| 00:08:57 | 00:09:01 | product on Amazon FBA if you guys |
| 00:09:00 | 00:09:03 | enjoyed this video |
| 00:09:01 | 00:09:05 | please feel free to comment below with |
| 00:09:03 | 00:09:08 | any questions and/or video ideas you'd |
| 00:09:05 | 00:09:09 | like to see in the future also don't |
| 00:09:08 | 00:09:11 | forget to Like and subscribe as I'm |
| 00:09:09 | 00:09:14 | always giving away different tips and |
| 00:09:11 | 00:09:16 | tricks on how to make money online and |
| 00:09:14 | 00:09:18 | on that note I'll see you guys next |
| 00:09:16 | 00:09:18 | video |
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