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How To Make $5,000,000 From Selling A $.10 Product On Amazon

Published on: November 30 2022 by Carter Maxwell

How To Make $5,000,000 From Selling A $.10 Product On Amazon

The above is a brief introduction to How To Make $5,000,000 From Selling A $.10 Product On Amazon.

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How To Make $5,000,000 From Selling A $.10 Product On Amazon

startTime durationTime text
00:00:00 00:00:04 what's up guys in this video I'll be
00:00:01 00:00:06 going over how to make five million
00:00:04 00:00:08 dollars from selling a 10-cent product
00:00:06 00:00:10 on Amazon so if you don't know me
00:00:08 00:00:13 already my name is Carter Maxwell I'm a
00:00:10 00:00:14 17 year old entrepreneur and I go by the
00:00:13 00:00:16 nickname of the high school hustler and
00:00:14 00:00:18 if you're trying to create an online
00:00:16 00:00:19 business to make money while you sleep
00:00:18 00:00:21 then this is the chanter fuse to go
00:00:19 00:00:23 ahead and hit that subscribe button so
00:00:21 00:00:24 unless you've been living under a rock
00:00:23 00:00:26 lately you've probably heard about the
00:00:24 00:00:30 solar eclipse that will be taking place
00:00:26 00:00:32 on August 21st 2017 and at the time you
00:00:30 00:00:34 might be viewing this video the solar
00:00:32 00:00:36 eclipse might have already passed but
00:00:34 00:00:39 still what I'll be showing you in this
00:00:36 00:00:41 view is exactly how this cellar and how
00:00:39 00:00:44 you becoming a future Amazon seller can
00:00:41 00:00:47 make a killing selling trendy products
00:00:44 00:00:49 on Amazon so let me show you exactly
00:00:47 00:00:51 where I got this five million dollar
00:00:49 00:00:53 evaluation from within this segment I'm
00:00:51 00:00:54 going to show you exactly how I got this
00:00:53 00:00:57 five million dollar evaluation and how
00:00:54 00:00:59 you as a future or present Amazon seller
00:00:57 00:01:01 can make a killing while assembling
00:00:59 00:01:04 trendy products so let's go ahead and
00:01:01 00:01:08 research the product that we will be
00:01:04 00:01:12 evaluating so the product is solar
00:01:08 00:01:14 eclipse glasses now guys I'm going to go
00:01:12 00:01:16 over this earlier and actually read an
00:01:14 00:01:18 artikle earlier today these have all
00:01:16 00:01:21 been recalled except for very few
00:01:18 00:01:23 sellers have actually provided the
00:01:21 00:01:26 correct information to then have the
00:01:23 00:01:28 safety requirements to actually so you
00:01:26 00:01:31 can see safety requirements for solar
00:01:28 00:01:34 viewing safety requirements for all
00:01:31 00:01:36 filters all blah blah so basically there
00:01:34 00:01:38 were tons and tons of sellers that were
00:01:36 00:01:41 selling not counterfeit but basically
00:01:38 00:01:43 just low-quality sunglasses and what
00:01:41 00:01:44 Amazon doesn't want is people going and
00:01:43 00:01:47 using these sunglasses for the Eclipse
00:01:44 00:01:50 and possibly getting blinded or injuring
00:01:47 00:01:52 themselves so set aside from the safety
00:01:50 00:01:55 requirements I'm actually going to go
00:01:52 00:01:58 over a seller who has taken advantage of
00:01:55 00:01:59 this trendy product and what I'm just
00:01:58 00:02:01 basically going to do is pull down my
00:01:59 00:02:03 jungle Scout Chrome extension you can
00:02:01 00:02:06 actually click link in my description to
00:02:03 00:02:09 view this and basically this extension
00:02:06 00:02:11 it's actually a one-time cost and what
00:02:09 00:02:12 you can do is you can run it and for
00:02:11 00:02:13 whatever keyword that you search for
00:02:12 00:02:15 instance we
00:02:13 00:02:17 searched solar eclipse glasses it's
00:02:15 00:02:20 going to pull down a small database of
00:02:17 00:02:21 anywhere from 15 to 20 products that go
00:02:20 00:02:23 under that keyboard and it's going to
00:02:21 00:02:27 pull up just kind of the product itself
00:02:23 00:02:30 the brand the price the estimated sales
00:02:27 00:02:31 estimated revenue in some other really
00:02:30 00:02:33 key data as well
00:02:31 00:02:37 now for instance you probably see all
00:02:33 00:02:39 these I looking the logos and the reason
00:02:37 00:02:40 the data isn't coming up for most of
00:02:39 00:02:42 these listings it's because they're
00:02:40 00:02:45 actually sold out so there's no there's
00:02:42 00:02:47 no selling there's no price for Amazon -
00:02:45 00:02:49 actually there's no price for General
00:02:47 00:02:51 Scott actually pull down the data for
00:02:49 00:02:54 this listing so I actually have very few
00:02:51 00:02:56 listings to actually pull data down from
00:02:54 00:02:59 but if you can see the main portion of
00:02:56 00:03:00 them is from this company American paper
00:02:59 00:03:03 optiks I'm actually going to go into
00:03:00 00:03:05 this company and show you exactly where
00:03:03 00:03:08 I got this five million dollar plus
00:03:05 00:03:11 evaluation from so first off first off
00:03:08 00:03:13 you can see that this is a three pack of
00:03:11 00:03:14 these Eclipse glasses and look at these
00:03:13 00:03:16 they don't even look that high-quality
00:03:14 00:03:19 took like the glasses that you get for a
00:03:16 00:03:20 3d movie when you go to the movie there
00:03:19 00:03:22 they're just crap the cops like under a
00:03:20 00:03:26 dollar and you just throw them away when
00:03:22 00:03:27 you're done a three pack for $300 you're
00:03:26 00:03:30 telling me people are spending basically
00:03:27 00:03:33 $100 per pair of sunglasses
00:03:30 00:03:34 that's disgusting it's mind blowing so
00:03:33 00:03:37 I'm actually going to go into their
00:03:34 00:03:39 profile and once you're in the profile
00:03:37 00:03:42 you can then see they have 47 results
00:03:39 00:03:44 for their companies so they have 47
00:03:42 00:03:47 individual listings selling these solar
00:03:44 00:03:49 eclipse sunglasses so I'm actually going
00:03:47 00:03:51 to pull down the jungle Scout Chrome
00:03:49 00:03:55 extension again and pull down the basic
00:03:51 00:03:56 database for their profile so I'm
00:03:55 00:03:59 already did this ahead of time and
00:03:56 00:04:01 unfortunately only about four or five
00:03:59 00:04:04 listings actually can pull up the full
00:04:01 00:04:07 amount of data and you can see look at
00:04:04 00:04:10 these top two listings look at the
00:04:07 00:04:13 numbers on those two listings 1.5
00:04:10 00:04:14 million 1.7 million you come down here
00:04:13 00:04:17 there's another one three hundred
00:04:14 00:04:19 thousand six hundred thirty seven
00:04:17 00:04:22 thousand two hundred thousand I mean
00:04:19 00:04:23 those are just some crazy crazy numbers
00:04:22 00:04:26 and that's all just because this product
00:04:23 00:04:27 is super trendy and not many people are
00:04:26 00:04:29 or so
00:04:27 00:04:32 as of now in their extremely cheap to
00:04:29 00:04:34 source look at this $300 sales price 160
00:04:32 00:04:37 but you can click on them look you can
00:04:34 00:04:40 see this one's a three pack mage this
00:04:37 00:04:42 crazy $300 1.78 million dollars in
00:04:40 00:04:45 revenue so basically I just added up
00:04:42 00:04:47 their five listing to actually have a
00:04:45 00:04:51 database pulled up for and it's well
00:04:47 00:04:52 over five million dollars in sales which
00:04:51 00:04:55 is just absolutely mind-blowing and
00:04:52 00:04:57 think about these ones this listing just
00:04:55 00:04:59 about the same sales rank those are
00:04:57 00:05:02 probably another million dollar sales in
00:04:59 00:05:05 revenue and remember guys this estimated
00:05:02 00:05:07 revenue is for a 30 dayss for the month
00:05:05 00:05:09 so jungle Scott is pulling down all this
00:05:07 00:05:13 data and estimating it for the month so
00:05:09 00:05:14 they're doing over five million dollars
00:05:13 00:05:16 a month obviously this is a trendy
00:05:14 00:05:18 product and it's going to die off so for
00:05:16 00:05:21 the past couple months they've been
00:05:18 00:05:22 making this serious amount of income so
00:05:21 00:05:25 you're probably wondering out of this
00:05:22 00:05:27 five million dollars in sales about how
00:05:25 00:05:29 much is profit and I can tell you it's
00:05:27 00:05:32 probably like 80 percent I mean these
00:05:29 00:05:33 things are extremely cheap so let's
00:05:32 00:05:36 actually go to Alibaba where they are
00:05:33 00:05:38 most likely sourcing this solar eclipse
00:05:36 00:05:41 glasses and for those of you that were
00:05:38 00:05:44 wondering if my title is clickbait it is
00:05:41 00:05:46 not look at this two cents to five cents
00:05:44 00:05:49 if you order 5,000 pieces this companies
00:05:46 00:05:51 probably will ordered 50,000 to 100,000
00:05:49 00:05:53 pieces and is probably most likely
00:05:51 00:05:55 getting them from 4 to 5 cents well
00:05:53 00:05:56 obviously if I put that in the title no
00:05:55 00:05:58 one would believe me but they're
00:05:56 00:06:01 definitely getting them for under 10
00:05:58 00:06:03 cents but let's just say they're getting
00:06:01 00:06:05 them for 10 cents and they're selling
00:06:03 00:06:08 them for the prices they have on here
00:06:05 00:06:13 listed a 3-pack of solar eclipse glasses
00:06:08 00:06:15 they're selling for $300 $300 look at
00:06:13 00:06:17 that and there if you can get it for 10
00:06:15 00:06:22 cents apiece they have a 30 cent buy
00:06:17 00:06:25 cost that they are selling for $300 so
00:06:22 00:06:27 those margins are just absolutely insane
00:06:25 00:06:30 absolutely insane
00:06:27 00:06:33 just look at this they've sold five
00:06:30 00:06:36 thousand nine hundred and sixty-five
00:06:33 00:06:38 sales on that one listing for this three
00:06:36 00:06:41 hundred dollar price and thereby cost
00:06:38 00:06:45 was 30 cents so this
00:06:41 00:06:48 just a pure crazy-cool example of how
00:06:45 00:06:51 you can hop on trends in the last trend
00:06:48 00:06:52 was actually fidget spinners okay and
00:06:51 00:06:54 fidget spinners people hopped on that
00:06:52 00:06:56 like crazy and we're selling them and
00:06:54 00:06:58 they slowly died off over time and this
00:06:56 00:07:00 is definitely the next biggest trend and
00:06:58 00:07:02 the reason these sales are at this fight
00:07:00 00:07:04 that they are right now is because
00:07:02 00:07:06 within the next week of me recording
00:07:04 00:07:08 this video the solar eclipse is actually
00:07:06 00:07:10 going to take place if that's why people
00:07:08 00:07:11 are just buying these like crazy but if
00:07:10 00:07:13 you were to be one of these early
00:07:11 00:07:15 sellers we could have hopped on this
00:07:13 00:07:16 trend a month two months ago right when
00:07:15 00:07:19 it serves to launch you can make
00:07:16 00:07:20 absolute killing and same thing on eBay
00:07:19 00:07:22 I mean you could probably sell these on
00:07:20 00:07:24 eBay as well but I just thought I'd go
00:07:22 00:07:27 over this video and just show you that
00:07:24 00:07:29 like the opportunities are there I mean
00:07:27 00:07:32 this seller out of the five listing that
00:07:29 00:07:34 they pulled data for and they have 40 47
00:07:32 00:07:37 listings on their account five of them
00:07:34 00:07:38 they're doing over five million dollars
00:07:37 00:07:41 combined in sales which is just
00:07:38 00:07:43 absolutely mind-blowing I mean this is
00:07:41 00:07:45 all then this is a 30 day estimate 30
00:07:43 00:07:48 days for a month five million dollars a
00:07:45 00:07:51 month that's a 30 day estimate so I
00:07:48 00:07:54 stuff that was really cool and yet again
00:07:51 00:07:57 they're getting these for 10 cents
00:07:54 00:07:58 apiece and this is just all because it's
00:07:57 00:08:01 a super trendy product and they're
00:07:58 00:08:03 taking advantage okay they're taking
00:08:01 00:08:04 advantage of trends and people that are
00:08:03 00:08:08 looking to buy stuff looking to buy it
00:08:04 00:08:10 now today right now so guys I hope you
00:08:08 00:08:12 enjoyed this video please feel free to
00:08:10 00:08:14 comment below with any questions and/or
00:08:12 00:08:15 video ideas you'd like to see in the
00:08:14 00:08:17 future also don't forget to Like and
00:08:15 00:08:19 subscribe as I'm always giving away
00:08:17 00:08:21 different tips and tricks on how to make
00:08:19 00:08:24 money online and not note I'll see you
00:08:21 00:08:24 guys next video

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