Thinking about taking an offline business online to reach a wider audience?
That’s what today’s guest Dustin Riechmann did. He used his digital marketing skills to take a local business’s product online and generated $500k in sales in year one.
Dustin is a long-time listener of the show. He has a blog called EngagedMarriage.com, and a couple of years ago he started a new consulting business to help other businesses build their online presence.
Do you enjoy hunting for bargains that you can buy low and sell high?
Charlie William does, and his book flipping business is proof that this business model still works.
He’s become a master deal-hunter, selling more than $9,000 worth of used books last month on Amazon.
The best part? Anyone with access to thrift stores, yard sales, and local charity shops can get started with this side hustle for just a few bucks a month.
Etsy is no longer just the marketplace of handmade crafts! Yes, you can sell digital products like printables and even drop ship physical goods without ever touching your inventory.
We haven’t really discussed Etsy in detail for a while. But I thought it was time to take a closer look at this platform again, as it’s seen tremendous growth in recent years.
What’s the fastest way to multiply money?
It might be reselling.
That is, buy low, sell high, repeat.
Keely Stawicki started reselling when she was just 12 years old, flipping a horse saddle on Craigslist and making $100 profit.
Fast forward 15 years–and more than $270,000 in sales–and reselling is now her full-time gig. Today, Keely focuses mostly on vintage goods, clothing, and furniture–all items in great demand right now.
Amy Feierman and Kristin Ostrander of MommyIncome.com have generated over $2 million in sales on Amazon over the last 12 months – not through retail arbitrage, not with FBA, but with a unique strategy that has high margins and lower costs per sale.
What are they selling on Amazon?
Bundles — Think shampoo and conditioner, peanut and butter, or any 2-6 products that compliment each other and provide some added value and convenience to the buyer.
“Everyone is researching a product, I’m telling you to research a problem,” Chad told me.Chad Rubin runs ThinkCrucial.com, a profitable e-commerce business that he’s built by selling products that solve a pain point for people while following a direct-to-consumer strategy that lets him source and sell in-demand products efficiently and inexpensively.