donnamitchell
New Member
I live in a Great State and will never move again. Virginia is a pretty good State to live in.
Posts: 79
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Post by donnamitchell on Aug 7, 2024 19:23:53 GMT
What are the best products to sell on Amazon?
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Post by Tickle in VA Forums on Sept 14, 2024 19:19:03 GMT
Selling on Amazon can be a very lucrative business for many — more than the average side hustle. 19% of Amazon sellers surpass $10,000 in average monthly sales. 30% of Amazon sellers report sales above $5,000/month. 31% of sellers make under $500/month in sales when first starting. The #1 Amazon best-seller badge is awarded to the product that has the highest number of sales in a specific category. Besides, Amazon's A9 algorithm updates the best sellers rank (BSR) every hour. Amazon makes money through retail, subscriptions, and web services, among other channels. Retail remains Amazon's primary source of revenue, with online and physical stores together accounting for the biggest share. It's not as much as you might think. Based on Jungle Scout's research, the majority of new sellers spend approximately $2,500-$5,000 to start selling on Amazon — including product costs, Amazon fees, and other necessary initial investments.
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