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/biz/ - Business & Finance

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13459604 No.13459604 [Reply] [Original]

Can someone explain the whole e-commerce thing?
People are making tons of money by just resselling stuff on Amazon.

>> No.13459608

buy low sell high

>> No.13459620

>>13459608
and do a shitload of it. small items, large volume of sales

>> No.13459673

>>13459608
>>13459620
What stops the suppliers of the product in question to sell them on Amazon in the first place

>> No.13459692

Too late, market oversaturated

>> No.13459733

>>13459673
Why aren't the miners vertically integrating the whole economy since they control the supply?

>> No.13459751

>>13459733
I'm obviously not talking about selling rocks on amazon anon

>> No.13459757

>>13459751
why not? I buy rocks on amazon

>> No.13459764

>>13459604
>making tons of money

sure they do, just not for themselves.

If you think otherwise, you have no clue how Amazon works

>> No.13459781
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13459781

>>13459604
You will be blocked from selling most items on Amazon when you start out... that said, here’s how you start...

Used Books

1) pay for a monthly scanning app that tells you what books are worth buying.
2) Scan hundreds of books EVERY DAY.
3) ship at least 100 books out to Amazon FBA EVERY WEEK
4) do this for a year
5) take 20% of your monthly profit and invest in LINK
6) retire in 5 years

>> No.13459782

>>13459764
How is the math hard?
Buy 1. Sell 1.20 amazon takes 0.05 or something,profit margin is 0,15

>> No.13459797

>>13459781
Shit to be worried about
1-paper and ink costs
2-it's illegal to sell intelectual property like books(selling used video games is ok because you are not reproducing them) but you are essentially reproducing books which is illegal since that's the publisher's job

>> No.13459866

>>13459797
>>13459781
I get what you mean now nevermind

>> No.13459898
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13459898

>>13459604
its not rocket science just fucking google it or go on reddit like the normie fag you are