Amazon Selling Challenge: Turning $100 a Week into Profit
Are you interested in starting an Amazon selling business but don’t have a lot of money to invest? In this challenge, I set out to see just how much profit I could turn by investing only $100 a week for 16 weeks. The goal was to show that you don’t need a lot of money to start selling on Amazon and that with just a little bit of investment, you can get your business going.
Table of Contents
– Introduction
– The Challenge
– The Rules
– Sourcing Trips
– Results
– Conclusion
– FAQs
Introduction
Hi, I’m Nikki Kirk, and I’ve been selling on Amazon for several years now. In this challenge, I wanted to see just how much profit I could turn by investing only $100 a week for 16 weeks. The goal was to show that you don’t need a lot of money to start selling on Amazon and that with just a little bit of investment, you can get your business going.
The Challenge
The challenge was simple: invest $100 a week for 16 weeks and see how much profit I could turn. The idea was to start small and see how much I could grow my business over time. I wanted to show that even with a limited budget, you can still make money selling on Amazon.
The Rules
To keep things simple, I set a few rules for myself:
– Invest $100 a week for 16 weeks
– Only buy new items that I’ve never sold before
– Use my new seller rank guidelines to choose products
– Make a minimum of $5 and 50% ROI on each item
– Reinvest all profits back into the business
Sourcing Trips
Over the course of 16 weeks, I went sourcing five times to find new products to sell on Amazon. I visited stores like Walmart, Target, Marshalls, and Ollie’s to find items that met my criteria. I also went to Grocery Outlet to find items to sell.
During my sourcing trips, I found a variety of items, including toothpaste, face wipes, body wash, and more. I made sure to follow my rules and only buy new items that I’ve never sold before. I also made sure