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designer bags cyber mondayreplica ysl bagHow Long Does it Take to Make 10k a Month on Amazon? To make $10,000 to $20,000 per month in profit at a 20% net profit margin, you need $50,000 to $100,000 per month in sales. If you sell three products, you need to sell 19-38 units per day each. A simplified target to comfortably achieve $10,000 per month in take-home income from your business is to sell 30 units per day of three products at an average selling price of $30 each. Your upfront inventory investment greatly affects the speed to which you can get to a certain monthly profit target. So, let's assume you start with a budget of $10,000. You invest $7,500 upfront in inventory and initial marketing costs. You use the remaining $2,500 to order additional inventory once your first shipment begins selling out. You may not want to invest this much upfront, which is OK. It might mean you will take longer to get to your target. • Estimated daily sales: 40 units per day (44% of total) Second, invest more money, within reason. If you can only afford $2,000 in upfront inventory, it will take you a lot longer to have enough product to sell to make the $50K-$100K/month in sales needed to produce $10,000/month in income. I once talked with a member who built a business with monthly sales of $180,000 in only six months – highly unusual. I asked him how much he started with – his answer: $60,000. I do not recommend you invest that much upfront if you've never sold on Amazon before. A maximum of $20,000 is recommended, even if you have the money. It will let you learn and make mistakes cheaper. You can always invest more to grow faster later. You could get to the income target faster if you invest more time, invest more money, or take a higher percentage of profits out as income (not recommended, but it's up to you). Considering these factors, a reasonable range to get to this target is 12-18 months. It may take 12-18 months to get to $10,000 per month. But it might only take another six months to double that. It might take only an additional six months to double that again. You shouldn't expect this to continue indefinitely. However, in the first few years of a new business, this sort of growth is possible because you're starting from zero. designer bags cyber monday
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