43 min listen
43. $30K/Month Passive Income on Amazon: How He Did It
43. $30K/Month Passive Income on Amazon: How He Did It
ratings:
Length:
59 minutes
Released:
Oct 24, 2022
Format:
Podcast episode
Description
Ryan Hogue made his first sale on Amazon in early 2017. Five years later, he has scaled it to an average revenue of $30,000 per month with 25% to 30% profit margins and added a print-on-demand aspect to his Amazon FBA business—impressive numbers for any business, and especially so because it’s passive income. On this episode, Ryan shares his advice on how to start an Amazon FBA business with 7-figure revenue potential. He’ll talk through the steps of setting up this kind of business, what systems you should put in place to make your business scalable, and how he uses automation and other tools to maximize the value he gets from every hour he invests into his Amazon store. Selling products isn’t Ryan’s only revenue stream. He also sells online courses in the Ryan’s Method Passive Income School that teach others how to run an Amazon business. We’ll find out how these multiple income streams helped grow his business, along with other tips for how entrepreneurs can make more money without sacrificing their free time. If you’re thinking about becoming an Amazon seller, this episode will be a game-changer for you!ResourcesRyan’s Method - Hear more of Ryan’s insights in his online business coursesRyan Hogue on YouTube - Free insights into Ryan’s method on his YouTube channelAmazon Seller Central - Become a seller through AmazonJungleScout - Tools and data to help grow an Amazon businessAlibaba - Marketplace of suppliers for online businessesFeedbackWhiz - Software that helps Amazon sellers boost sales and reviewsUpFlip Blog - See more tips on how to start and grow a businessUpFlip HUB - Useful information for first-time business owners
Released:
Oct 24, 2022
Format:
Podcast episode
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