He Thought He Had Discovered a Six-Figure Amazon Product… You Won’t Believe How Much Money He Lost

Amazon is an awesome way to make money online. In fact, I’ve written time and time again that it’s the best low-risk/high-reward investment that you can make. However, it’s hardly a get-rich-quick scheme. And if you fail to have a proper product launch plan in place, you can lose money, too. 💰💰💰Keep reading to learn about how THESE FOUR SIMPLE STRATEGIES can turn your Amazon business into a MILLION DOLLAR EMPIRE.💰💰💰   You’ve got no product launch plan… Does this situation sound familiar? You’ve discovered a cool product on Amazon using an Amazon research tool. It seems perfect, selling way more than the 300 units per month that we suggest. In fact, it’s selling 1,000 units per month. There’s only one page of search results and all of the sellers only have a handful of reviews. From there, you slip over to Alibaba and find an OEM that can produce 1000 units for cheap. Super cheap, in fact, just 1/10th of the average sales price. So you make a fast purchase. You want to rush to market, so you forgo a fancy box, altering the design, or even putting your logo on it. But who cares, right? Your eyes are green … Read More

The post He Thought He Had Discovered a Six-Figure Amazon Product… You Won’t Believe How Much Money He Lost appeared first on Jungle Scout: Amazon Product Research Made Easy.

Source: https://www.junglescout.com/blog/product-launch-plan/

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