I'm RICH!
LOL, I've been hearing about how lucrative Kindle Direct Publishing could be for a while.
So I decided to launch 2 books and find out for myself.
Key take aways after 2 months...
1) It's definitely not "get rich quick" but obviously that's a good thing b/c it's an actual business model that you can actually get results with (just not overnight).
2) It takes work. You can automate and outsource a LARGE amount of this. But it will take some $ and some time to rank your books.
3) This seems really promising to be honest. I don't do anything for this, have barely put any effort into it, and it's still generating some $ passively now. Granted $16 every 24 days isn't anything to brag about...but with some more reviews, a higher ranking in specific sub categories on amazon, and some better books in the future as I figure this out more and more, I genuinely think this could turn into something REAL.
Official Ruling on KDP = Not a scam. Definitely legit. But just like anything it takes consistent work over time.
If you want to try reading either book for free, you can do so on my website, you just need Kindle Unlimited (or it's 0.99 if you don't have it - which is the lowest amount I'm able to charge).
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đ đ» Friendly reminder to start listing Halloween stuffâŠ.Q4 is right around the corner and Halloween stuff is already selling! đ€
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I compiled 72 pages of the best Entrepreneurship and productivity tips that have helped me scale my online business over the past few years.
I put them all in an ebook you can read for free (next 5 days only) here: www.amazon.com/dp/B0CBQGMNWB
Complete transparency (The real reason for this ebook):
1. Iâm constantly testing new ways to make money online so I can report back to you and let you know whatâs working and what isnâtâŠ.and how to do it. Kindle direct publishing has been on radar for a little while now and I wanted to try it. I took a $1,000+ course on it, but instead of doing âkeyword research, outsourcing script writing, and selling something I didnât know anything about or believe inââŠI decided to create my own ebook, based off my own experience, that could help the audience I already had (entrepreneurs).
2. These are all genuinely things I believe in or are mindsets/systems Iâve actually used (and still use) to scale my business and improve my life. I will personally re-read and reference back to a lot of these concepts as reminders for myself too. Itâs a great blueprint for want-to-be successful entrepreneurs.
No wordy promo here. Just 100% realness.
If you think it would be valuable, go ahead and download it for free. If not, no worries. Iâll keep pumping out eCommerce content and tips.
And if you do decide to download it, and you actually get some value from it, Iâd be really appreciative if you could leave a review. Itâll help me launch this ebook faster so I can get real feedback on what actually works for this business modelâŠand obviously report that back to you!
You can read for free (next 5 days only) here: www.amazon.com/dp/B0CBQGMNWBâ
Bryan
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If you want to get into amazon dropshipping but you donât have experience with 1)amazon or 2)dropshippingâŠI typically suggest starting with retail suppliers first.
That will allow you to learn the ropes and build up some initial money to then take into wholesale dropshipping, which is more sustainable, more scalable long term, and can be done within Amazonâs terms of service.
That said, a few caveatsâŠ
1. This should not be a long term option. Do this for a short period of time to learn how amazon dropshipping works and get some initial money.
2. ONLY use obscure retail suppliers that customers wonât recognize. You canât use big box brands and recognizable stores.
3. Your metrics still matter a lot (and always will). If youâre keeping your metrics up and keeping amazonâs customers happy, selling ANY way on Amazon will be a lot easier for you. They care about their customers first and foremost.
Iâve compiled a spreadsheet I recently found from the beginning of my Amazon Retail Dropshipping Journey. There are 383 products on it (all from my actual dropshipping business that I used to sell personally).
I no longer retail dropship on amazon. Iâve moved 100% into wholesale as of 2 months ago. For a while I was holding on to a few retail products just because it was difficult to let go of their consistent easy profit. But Iâve made a clean switch and now solely focus on wholesale dropshipping on Amazon.
These are all products from over a year ago, but there very well could still be some good profitable products on this spreadsheet. Also, keep in mind that some of the suppliers on this list ARE NOT GOOD. Do not use them (ex. Walmart, target, bed bath and beyond, etcâŠ).
But there are some good examples of obscure suppliers that will get you thinking. Youâll see some of my top obscure retail suppliers (like Musicianâs Friend, Academy Sports, Acme Tools, etcâŠ). These are still good suppliersâŠbut obviously you want to find your own good obscure suppliers b/c thatâs where the money is (and not much competition is).
Youâll also notice the way I set my spreadsheet up is exactly what I recommend for beginners (I do the same exact thing). I have several product identifiers, the link to the product on the supplier site (which I then put into sku grid), the break even price so I know what to set my repricer too, etcâŠ
I have a video dropping Monday where I break down how I found these suppliers, talk a bit more in depth about it, and also cover how to decipher what is a âgood obscure supplierâ vs. a bad supplier that customers will recognize and ultimately get you suspended.
Iâve also compiled a spreadsheet where I give my opinion on what suppliers you might be able to get away with vs. ones you should definitely avoid. Remember, itâs not an exact science. Itâs more of an art.
All in all, the best way to approach dropshipping on Amazon is with Wholesale suppliers. But I understand that lots of people canât start thereâŠso this is the next best option (and the first step)âŠto get you to the next one.
If you want to access both spreadsheets, join the free discord (I can't post attachments here): discord.gg/N8A9SWe8UK
Hope it helps!
Bryan
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What's Currently Working in eCommerce this Month...
***Poshmark Dropshipping***
Iâve been screaming about Poshmark Dropshpping for 2+ yearsâŠbut it still seems like only a select number of people are listening. With consistent listing here for a month ish, you can pretty much make sales on autopilot with sharing software (once you have lots of listings up).
The trick is getting the listings up, but you can do that with about an hour of listing a day for a month or so (with the bulk lister from zeedrop). Then constantly use the auto sharing software to bring more sales by keeping all your listings at the top of search and suggested.
Season specific clothes always sell well here, but at the moment Iâm selling A LOT of garden dĂ©cor too.
***Mercari Dropshipping***
This is the only place I dropship that I donât publicly teach (because they sent me a cease and desist letter to stop making youtube videos about how you can do it). But I still dropship here myself every single month.
Itâs super underrated as a dropshipping site, you can make decent amounts of sales and scale up a store relatively quickly, and a lot of the things that sell well on ebay or facebook marketplace also do well here too.
Iâve consistently sold things like power tools, electronics, car parts, and every day replacement parts (fan battery, shed window, extra screws that are specific sizes, etc.). But thatâs only scratching the surface. I canât recommend this platform enough. It will take some listing consistentlyâŠand obviously with the right productsâŠbut you can make decent money on this platform for sure.
Key things to keep in mind when dropshipping here:
Donât use stock images on your listings or youâre rolling the dice. It only takes mercari flagging you for something like this a few times to lose your account. Sure, you can get a way with it for a time, but why risk it? Instead, build a long term sustainable dropshipping business here THE RIGHT WAY.
Make sure youâre not dropshipping directly from a supplier that wonât give you a fedex, ups, or usps tracking number (ex. Amazon tba tracking numbers or Walmart door dash deliveries).
Two main ways you can dropship here:
1. Directly to the customer: use listings that have product images without stock photos. A perfect example of these are some ebay listings where it looks like the seller took product images themselves. Another great example of this is some poshmark listings where the seller took the product images themselves.
2. Dropship Arbitrage: use suppliers like amazon or Walmart (or anywhere that will deliver the product to your house within 2-3 days). Then list and ship with the mercari label, but order that product to your house from the supplier FIRST after you make the sale. This works extremely well..and in my opinion is the safest way to dropship forever on this platform without ever getting caught. The key caveat here is you NEED to ONLY use product review images when doing this. Donât use images right off the listing (those images look way too stock photo ish and will get your account flagged over time).
***Amazon Dropshipping***
One of the most automated and scalable forms of dropshipping. Thereâs software that will do everything for you (but order processing). The toughest part of this is finding profitable products, but once you do thatâŠeverything is automated and you can just sit back and collect whatever profit your listings yield.
I recommend wholesale dropshipping here because itâs scalable and within Amazons terms of service. Although, if youâre new and you donât have any amazon selling experience or any start up capital, then I do recommend dropshipping with obscure retail suppliers (not well known stores) temporarily to get some experience and capital to then move into wholesale with.
This has been the most consistent form of dropshipping for me over the past few yearsâŠand itâs also been the most hands off for me (because of the software). Iâve covered pretty much every strategy and software I use in this playlist here: https://www.youtube.com/watch?v=sSeZx...
***Etsy Dropshipping***
This platform has me really excited. Itâs the newest one for me by far so full disclosure (Iâm still mastering it). But Iâve consistently scaled my store here by outsourcing graphic design to a freelancer I found on Onlinejobs.ph for $2.50 an hour.
He creates high quality designs extremely cheap (way better than I used to make when I was doing everything manually). But you donât have to outsource this if you want to create them yourself. It just takes a little skill (can be learned easily) and some time for each design.
The best part about dropshipping on etsy is you can leverage print on demand companies like printful to do everything for you once your design is uploaded. That means itâs 0 work for you after that and any sales you make donât require any extra effort on your part. Theyâll handle the printing, the shipping, inputting the tracking number into your order, and everything in between.
Remember: You canât dropship directly from other retail websites here. Thatâs against their terms of service. So you need to use print on demand or digital art. I prefer print on demand (better margins and more hands off). Also, remember NOT to copy any big brand logos when doing this. For example, you canât put a star wars design upâŠor you canât put the target logo on a shirt.
What works best for me here:
Finding other sellerâs best selling designs and creating similar designs with my own spin on them (just slightly different). Iâll use the same overall idea but switch it up a bit to differentiate mine. Iâll also use their SEO (it worked for them), but Iâll add to it to improve it so we can hopefully out rank them eventually with some sales and reviews.
Key distinction for what I said above: I donât copy. I use other peopleâs designs as inspirationâŠand then create something similar. The best people in any industry understand this is the quickest and easiest path to success. You donât need to reinvent the wheel. Kobe âcopiedâ MJ. YouTuberâs copy video ideas when they see them working for another YouTuber. And dropshipping snipe other sellers. People get mad at me when I say this. But heyâŠIâm not here to tell you whatâs going to make everyone happy to hear. The purpose of this newsletter is to tell you what WORKS.
If youâd like to learn more about how you can scale your Etsy print on demand store hereâs a playlist with lots of tutorials and information: https://www.youtube.com/watch?v=uJ01U...
***Facebook Marketplace/Shops Dropshipping***
Facebook Marketplace/Shops used to be like stealing candy from a baby. While you wonât get stupidly high sales here just listing any old thing like before, you can still make consistent monthly sales if youâre listing products that are in demand.
Last year the bar was set so high. So the sales youâll get currently with product research and consistent listing might seem low comparatively, but if this were a new website and we were all getting these âlowâ results, weâd be really encouraged.
Obscure suppliers that not many other people are listing from work best here (less competition). Iâve also been listing used stuff from ebay (with multiple quantity), which seems to work decently because it fits well with the marketplace vibe. Iâve also been trying dropship arbitrage lately too (just a theory), but it almost seems like their algorithm has gone back to favoring used items and sellers that ship from their registered location (again just a theory at this point, but Iâll report back with more long term results).
***Bonanza Dropshipping***
Bonanza is a relative newcomer to this list. The fact that you can sync your inventory automatically from whatever marketplaces/websites youâre already selling on is amazing. On top of that, you can also list manually here too.
Another benefit of this platform is theyâll actually run google shopping ads to your products for youâŠand only charge you a small percentage of your profit after you make a sale. So itâs all reward and no risk. Because I highly recommend you turn this on, and because of the nature of google shopping ads, I suggest listing higher ticket items here (or mark your products up a decent amount) to account for the google shopping ad percentage.
But ultimately, this is a phenomenal website to list on because at the very least itâll bring you free sales and profit without any extra effort on your part. If this sounds interesting, Iâd recommend watching a video breakdown of exactly what I mean here to get started: https://www.youtube.com/watch?v=pCRDi...
This is the very first monthly newsletter. If you'd like to stay updated with exactly what's working month in and month out, you can do so here: www.bryanguerra.com/stayupdated
Hope this helps!
Bryan
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PSA: For the past few months someone has been creating fake Instagram Accounts pretending to be me.
They copy all my pictures, start following people that follow me, then try to scam them through DMs.
I will NEVER try to sell you anything via DM on Instagram.
I have 2 Instagram accounts.
One is my personal account @bryangguerra
^^^this is typically the one being copied. The person just changes 1 letter in the username.
And one account where I post reels of my videos @bryanguerraecom
If you interact with any accounts that are NOT these 2 accounts, please report them and then block them.
Hope this helps!
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đšđŒâđ»Free eCommerce Discord Communityđ€
No Hidden Upsells.
Just a community to talk eCom and share what's currently working vs. what's not.
discord.gg/J8bdJRK2
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Giving away my best eCommerce tips
25 December 2012