Miles Profile picture
Nov 7 11 tweets 3 min read
My Amazon store has done nearly $2M in revenue this year. 100% Online Arbitrage, no products from China, marketing, or ads.

Here are the 4 best tools I use to scale🧵
Online Arbitrage is a super simple reselling business model

I buy stuff from big retail websites (think LEGO, Nike, Walmart) and flip them on Amazon
I've tried just about every tool in the game

Here are the 4 that you should use, their cost, and benefits
#1 - SellerAmp - $19/mo

SellerAmp answers 3 questions for every item

>Does it sell?
>Can you sell it?
>Is it profitable?
Its a necessity from the beginning, my favorite part is the storefront search feature that helps me find more items

You can filter through a sellers catalog to easily locate more items
#2 - Keepa - $20/mo

The backbone of product research.

Keepa shows advanced supply, demand, and price action overtime

As well as a bunch of advanced features to dig into further
As a beginner just start with SellerAmp and Keepa.

Your priority is finding items, get the rest later.
#3 - InventoryLab

IL is s defensive play and is helpful for baseline accounting + listing items

It runs $70/mo
#4 - BQOOL - $100/mo

Bqool is a repricing software that manages your inventories pricing to maximize sales

I use the AI version, mainly sales equalizer. Im also looking into using some of the more advanced features this week.
This is basically my entire tech stack that helps me run my Amazon store that brings in a few six figures profit per year.

Shooting for $100k profit this December alone!
Toss a RT on the first tweet for the knawledge and drop a follow @flips4miles for more

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More from @flips4miles

Nov 6
How I Built My Amazon FBA Business To 7 Figure Sales In 9 Months

Storytime:
I've always sold stuff, dating back to as far as 2011 I was trading and selling LEGO online

Eventually in 2014 once of my LEGO friends put me on top flipping shoes
Then immediately scammed me for $500 (he ended up in jail)

That's a story for another time
Read 20 tweets
Nov 6
8 Amazon FBA tips that'll make you more money than a $175 course
1/ Many items on Amazon have multiple listings

This confuses newer sellers, and is in many cases a profitable opportunity.

Sometimes on both
2/ Set up a Catchall email to avoid order cancels, get unlimited coupons, and accounts for websites.
Read 11 tweets
Nov 5
How to go from $0 to $10,000/month with Amazon Online Arbitrage (step by step)

THREAD
I started doing online arbitrage back in February 2021, and within a month was doing $200/day in profit.

I'd recommend a starting budget of around $2000.
Having more is ideal - but you'll inevitably make mistakes, so get going first.

In terms of learning there is a steep learning curve.
Read 17 tweets
Nov 3
3 major breakthroughs that led me to multiple 7 figures in sales

THREAD
It's interesting, the way my reselling business has grown has been a tale of finding new floors

Then small opportunities that I squeezed really hard leading me to make big jumps

and subsequently raising the floor.
#1 - February 2021

What's interesting is this is SUPER easy today, but tripped my up for the longest time

Getting ungated in big brands and categories.
Read 9 tweets
Nov 1
The most difficult parts of growing an Amazon store

THREAD
#1 - ultimately the largest issue will always be finding profitable inventory.

There's tons of ways to source via online arbitrage...
My 2 that I like the best art

>Manual Sourcing = going manually through a website and cross referencing items to Amazon. Difficult, but very profitable
Read 11 tweets
Nov 1
5 simple steps to start an Amazon business this week

THREAD
I've built my store to a couple million in sales the last 18 months

and im shooting for $100k profit this December alone, around a 100% increase from last years December
#1 - Amazon seller account

super simple but you'd be surprised how few people will even get this far

This process takes a few days to verify, then its go time
Read 12 tweets

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