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Podcast: High Voltage Business Builders Ecommerce Shortcast
Episode: π¨Donβt waste your time doing THIS π¨ Selling products on Amazon for less than $20 is a waste of ...
Description: π¨Donβt waste your time doing THIS π¨ Selling products on Amazon for less than $20 is a waste of time. If you want to break free from your 9-5 by starting an e-commerce business, you need to put PROFIT FIRST. Every online business owner knows: revenue is just vanity but profit is sanity. So what should your minimum profit be to net over 100k per year? No less than $10! Hate to break it to you.. but that mug youβre selling for $8 isnβt going to cut it. If you have 5 products that sell 5 units per day with at least $10 in profit per u...