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Jun 18 10 tweets 2 min read Twitter logo Read on Twitter
I bought my dad a fully spec'd out Mercedes S560 AMG

I'm only 24 and did $4.8 million in revenue last year

By selling name-brand products on Amazon

Here's how Amazon paid for 100% of my dad's car: Image
I got started doing Amazon Arbitrage

I went to Walmart, Kohl’s and Dick’s to search for products, buy them in-store, and sell them for a profit on Amazon

If I had to start over, I would’ve got into wholesale sooner, which is how I made $4.7M last year

Here are the numbers...
This car costs on average $75,000

20% down = $15,000

= $1,381 / month

That means I have to generate an extra $1,381 per month

I can do this by selling name brand products
1) Find Distributors (ex. BJ’s B2B)

Wholesale Distributors are businesses that sell brand products below retail

I don’t hit up every Kohl’s or Walmart in my city to buy stock

I place 1x order w/ a distributor

Here's my blueprint:
Search "local distributor" in your home state

Reach out to the supplier and offer to buy products from them

Research their products using seller-amp on Amazon and see if they are profitable
2) Negotiate

Contact the distributor & negotiate a wholesale deal.

The more units you buy, the bigger the discount

This means I need to find 1 product that can generate an extra $1,381 per month

Here's an example ⤵️
I used to sell method body wash for about $11.99

Each unit cost me, on average $3.25

Netting me around $1.75 per unit

I purchased around 1,200 units per month

That means I brought in $2,100 in profit every month
Don’t get lazy after your 1st product

Find new products

Contact more suppliers

Negotiate better discounts

Re-investing my profits for 3+ months is how I scaled my Amazon business to $1M+/yr
With just an additional 1 product, I can afford a brand-new $75,000 car

By selling brand name products on Amazon

There's no reason you can't start a REAL business too

If you want to learn more, check out my page for more.
Want to learn step-by-step how to start & scale an Amazon wholesale operation, place multi 5-figure POs, and profit 10k per month?

Sign up here (@InnerWholesale):
amzwholesalecoachingprogram.com/join-now1

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More from @KtHUSTLES

Jun 20
I started selling Dove Soap Bundles on Amazon 12 months ago.

It’s made $12,000 in PROFIT & paid for my Vacation with Bae

Here’s my process broken down step-by-step so you can replicate it: ImageImage
So we wanted to go on a trip to Aruba

- Stay in a 5 star luxury hotel
- Eat in fancy restaurants
- Take a yacht out in the ocean

In total, it would cost me $4,000

Little did she know, Dove soap bundles would be paying for the whole trip…
Dove soap bundles sells on Amazon for $7

But I found this supplier selling this product for $1.20/unit

I checked a software called “AZinsights” & it told me:

- The profitability was a 30% Margin
- The number of units I should buy

So I bought 6000 for $7,200
Read 10 tweets
Jun 17
I’m 24.

My Amazon business hit $4.7M in sales last year.

Bought my 2 dream cars.

Live in a $8,000/mo penthouse in Miami

Here’s how I went from $3,000 to $300,000+ a month in less than 3 years: Image
I run a Wholesale business.

I purchase products in bulk from distributors

(where Target buys their products)

So I can get them for cheaper than the retail price

This creates an opportunity on Amazon

For me the flip these products for a profit

Let's break down the numbers ⤵️
I started this business with $3,000

Typically, a wholesale business runs at a 30% profit ROI

$3,000 * 30% = $1,000 profit

That means all I had to do was find products that netted me 30% ROI

And I could profit over $900 on my first order

(then scale in with more $$$)
Read 12 tweets
Jun 16
2 years ago, I invested the last $250 to my name.

In 2023 I'll hit 10 million in revenue with my Amazon wholesale business.

These are the 5 most important things I've learned along the way:
I reinvested until it became life-changing money.

Most people will pull money out of their business any chance they get

I reinvested 100% of my profits

Until I was bringing in 4-figures daily

Which helped me scale as fast as I did
I stayed consistent with my business and personal life

I hit the gym daily.

I worked on my business daily.

I skipped going out with friends.

I never did drugs.

Crazy how staying consistent can change so many aspects of your life
Read 8 tweets
May 30
Selling Scrub Daddy sponges helped make me a Millionaire by 24

I’ve generated ~$7million in sales on amazon

Products like these sponges are an untapped GOLDMINE 🔎

Don’t miss this opportunity with my blueprint: ImageImage
2 years ago I started out by reselling Nintendo switches, inflatable pools, webcams and even trampolines

This was called arbitrage and funded my jump into Wholesale

Now, I purchase products in bulk from distributors and suppliers to resell on amazon

My blueprint👇
1) Finding Distributors (BJ’s or KeHe)

You need to find reputable suppliers who have competitive enough pricing

Suppliers offer products in bulk on pallets for you to purchase

I usually negotiate good deals with $

Look here first:
- Google Maps
- Yellowpages
- LinkedIn
Read 8 tweets
May 26
I'm 24.

I run an Amazon business.

It makes me $80,000 in profit a month.

And it only took $950 get started.

My blueprint is an escape from the Matrix:
I got started doing Amazon Arbitrage

I went to Walmart, Kohl’s and Dick’s to search for products, buy them in-store, and sell them for a profit on Amazon

If I had to start over, I would’ve got into wholesale sooner, which is how I made $4.7M last year

Here's how it works...
1) Find Distributors (ex. BJ’s B2B)

Wholesale Distributors are businesses who sell brand products below retail

I don’t hit up every Kohl’s or Walmart in my city to buy stock

I place 1x order w/ a distributor

Google OR Yellow Pages are great places to find distributors
Read 9 tweets
May 25
Hot Take: Most suppliers are profitable, but you aren't looking hard enough

Instead of just burning through your suppliers

Focus on sourcing BETTER product

I'll bet money you will see results within 24 hours

Here's how I would turn a bad supplier into a profitable one 🧵
The key to turning an account around...

Is through negotiating and sourcing

Let's start with the basics, sourcing product better

There are 3 ways to get better
1) Ditch the UPC scanner

40% of all Amazon SKUs do NOT have UPCs attached to them

And most of them are outdated & wrong

Amazon doesn't verify UPCs 90% of the time

So why are you only relying on a UPC scanner to source product?
Read 6 tweets

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