faux saint laurent bagfaux saint laurent bagDeanna Slamans and her husband became full-time Amazon sellers in 2015. It took them two years to earn a profit, and they made one mistake that cost $12,000 overnight. To resell an item on Amazon, you just walk into any store and scan an item's barcode with a feature that's in the Amazon seller app. The app displays possible profit margins and what the item is worth on Amazon. Our approach was to only buy products that could double our investment, so we could easily cover Amazon's seller fees, app subscriptions, shipping-supply costs, and more. I was convinced it'd be a viable business when the movie "Frozen" came out. We lived near a bunch of outlets, and my husband paired "Frozen" flip-flops with a "Frozen" hooded towel - he made 200 sets and they sold like hotcakes. Trends like "Frozen" sell quickly, and you can make a bunch of cash before it dies out. We decided to change our strategy and look for items with larger profit margins - tools and oversized items like furniture - and we researched more products that weren't as saturated. We took a risk and sometimes our buys didn't work out. In those cases, we had to drop our sales cost just to get rid of inventory before Amazon storage fees took the rest of our investment. We decided to leave the toys behind, except during the Christmas season, and to go deeper in our pocket to really scale our business. In 2017, Andy started building a private-label cloth diaper brand to sell on Amazon. That product quickly ramped up and we sold that brand to a new owner in 2020, so we could put all of our energy into a lawn and garden brand that we were launching. These sales eventually allowed us to buy our dream house. When getting started on Amazon, you have to be a risk-taker. Don't be afraid to get in early on a product that you feel has potential. If you take a wait-and-see approach, someone else could trademark your product or make an intellectual property claim - especially if you're interested in creating a private-label brand like we did with the cloth diapers. To become a successful Amazon seller use your imagination faux saint laurent bag
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