84: $33k in 30 Days? Getting Started with Private Labeling and Amazon FBA

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.7 • 1.6K Ratings

🗓️ 11 December 2014

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Selling on Amazon is one of the hottest side hustles around, and I'm not talking about selling books! In this show, we'll dive into sourcing and selling your own physical products on Amazon by finding what's hot in the marketplace, making smart purchases, and out-marketing the competition. I'm joined by Andy Slamans, an Amazon seller who turned his online side hustle into a full-time business this May, and expects to finish the year with over $400,000 in top line revenue. (And $33k in 30 days and over $5k in one day on Cyber Monday!) Incredible!

Transcript

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0:00.0	Side Hustle Show 84, 33 grand and 30 days, getting started with private labeling and Amazon
0:06.3	FBA.
0:07.3	Welcome to the Side Hustle Show, where aspiring part-time entrepreneurs learn how to turn their side hustle dreams into reality,
0:16.0	because your 9-to-5 may make you a living, but your 5-9 makes you alive.
0:21.0	And now your host, Nick Loper.
0:29.0	Hey everybody, Nick Loper here.
0:30.0	Welcome to the Side Hustle show with Christmas season upon us. If you're
0:35.8	anything like me you're probably doing lots of online shopping and perhaps more
0:40.7	specifically lots of Amazon shopping but as I've learned recently and
0:46.1	covered on this podcast in episode 61 with Ryan Grant not everything you buy on Amazon is
0:52.1	owned by Amazon in fact a lot of it is owned and
0:55.2	sold by entrepreneurs and side hustlers just like you and me with those orders being fulfilled
1:02.0	by Amazon.
1:03.8	Could you become one of those sellers?
1:06.7	Why not?
1:07.9	Why not?
1:08.4	In this episode, I'm joined by Andy Slammons
1:11.6	from Slamazon Private label.com, it's spelled exactly how it sounds,
1:17.2	but we'll link to it in the show notes, to discuss the side hustle opportunity in identifying proven selling products and importing your own products to compete with those and sell them on the world's largest store.
1:33.0	Now this is a different ballgame
1:35.8	from the retail arbitrage strategies we've talked about before,
1:40.0	you know, we're going to Walmart,
	...

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