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/biz/ - Business & Finance


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14992990 No.14992990 [Reply] [Original]

NO MORE BULLSHIT

I have 2k.

Amazon fba = about 10% roi a month meaning 200 first month and it will compound a little per month. Thing is, it kind of sucks to do this business with little capital.

Crypto can get you that capital if you get lucky..

What to throw my 2k at? Should I forget crypto or try to cheese my way to a lot of capital? What coin? Why chainlink?

What coin is our savior? Can the oracle problem ever be solved? Is link going to even say $30 eoy?

Is this poster in this pic full of shit?

What the fuck charts is he talking about?

ARE WE GONNA MAKE IT????

I don't want to miss the chainlink boat AGAIN

>> No.14993005

>>14992990
>reddit spacing

>> No.14993017

>>14992990
all you need to know is that chainlink will be 50$(minimum) EOY and 377$(minimum) by 2020 EOY. DMT bros already confirmed it and sergeys super bullish.

>> No.14993020

>>14992990
REN OR FTM OR VIDT OR 650 IN ALL 3

>> No.14993026

>>14992990
Cash out all non-crypto. All in PNK. Stake for a year. Sell the 2020 parabola. Easy stuff, anon.

>> No.14993309
File: 603 KB, 1882x2400, 1563864102602.jpg [View same] [iqdb] [saucenao] [google]
14993309

>>14992990
I am not satisfied with these answers. I want something more analytical.

>> No.14993324

>>14992990
i dont know whats amazon fba but i guarantee u wont get 10% roi monthly

>> No.14993328

>>14993309
>>14993309
Assblaster is real, dephi is real, all the rumors are real, the partnerships are real, 1000$ eoy is real and sergey is unironically satoshi. That is all you need to know at this point in time.

>> No.14993335
File: 179 KB, 645x729, 1553751871703.png [View same] [iqdb] [saucenao] [google]
14993335

>>14993324
>I don't know this business model, but I'll just input a bullshit opinion anyways!

The absolute state of biz

>> No.14993490

>>14993328
This unironically

>> No.14993621
File: 209 KB, 2339x1291, chadlife.jpg [View same] [iqdb] [saucenao] [google]
14993621

>>14992990
If you are only making 10% roi on fba, you are in the wrong products or are doing some brainlet-tier trend following.

I do not look at any product with below 200% roi on fba. Either I manufacture it myself, or create a brand that would allow me to increase margins, taking competitor reviews to generate an idea where opportunity is.

Pretty much every item on amazon, if done properly, will make you at least 2x your money back.

My first main product is doing $6 profit for $.9 spent, and I sell thousands a month.

My second product that did shit because I brought on a partner that turned out to be an ultra retard does 2x our cost ($4 product sells for $19, nets us $10 profit).

Currently developing 3 products:
- A beauty that costs $1.2 and sells for $10, net is $4.80.
- A health product that costs $1 and sells for about $15, net is $8ish.
-Automotive product that costs $20 and sells for $150. This is something I designed myself based on the failure of a popular competitor.

Step your FBA game up or quit, it's not worth such shit margins at 10%.

>> No.14993651

Also those trials failed. We again fed you massive wrong data. Nobody cares about muah prophecies. I love how the 5th gen information war narrative bait was eaten hook line and sinker. It has the opposite effect ;^)

>> No.14993682

>>14992990

Also, I have yet to start a 4+ figure/year amazon product that cost more than $2000 to startup. The worst product I started cost me about $10k but it was mostly in hardware, and it paid itself back already.

>> No.14993696

>>14993621
Sales =/= ROI

I am saying 10% roi AFTER all expenses. It also sounds like you're doing private labeling which I have 0 interest in.

>> No.14993699

>>14993682

5+ figure**

Shit, one product I started for a meme cost me approx $400 in inventory from alibaba and basic cardboard packaging. Already made about 10k on that one and it was 20000% shit, lol.

>> No.14993718

>>14993696

ROI = return on investment

Every month I invest less than $1000 worth of product to make approx $7000 in net income for myself. I run the business out of a small apartment and I reinvest every dollar in new product ideas or meme things like oled tv's and high end speakers or going out.

I can 2000% guarantee you that I spend less time on my "private label" allowing me to basically be retired, than you are with you 10%/month roi meme investment.

Btw, wtf did you buy with such shit returns? Activated coconut charcoal tooth whitening powder or something?

>> No.14993719
File: 521 KB, 1279x640, 1562277536794.png [View same] [iqdb] [saucenao] [google]
14993719

Read these AssBlaster posts and then fuck off to your designated shit heap, fuck face

>ASSBLASTER FIRST POST - 11/08/17
https://yuki.la/biz/4246712

>ASSBLASTER 2 - 12/06/17
https://yuki.la/biz/4801212

>ASSBLASTER 3 - 12/10/17
https://yuki.la/biz/4940260

>ASSBLASTER 4 - 12/13/17
https://yuki.la/biz/5013990

>ASSBLASTER 5 - 01/06/18
https://yuki.la/biz/5989877

>ASSBLASTER 6 - 01/12/18
https://yuki.la/biz/6350294

>ASSBLASTER 7 - 01/17/18
https://yuki.la/biz/6560973

>ASSBLASTER 8 - 02/12/18
https://yuki.la/biz/7569209

>ASSBLASTER 9 - 02/17/18
https://yuki.la/biz/7736231

>> No.14993723

>>14993719
>please read it
>PLEEEEEEASSSSSE
sounds like some journalist begging us to read his propagandistic bullshit
Fuck off

>> No.14993745

>>14993723

Shiiieeet nigga you fucking >>>/trash/

>> No.14993801

If so, why dont they just buy it dry so we cant "join their club"

>> No.14993821

>>14993745
No, I'm the one pissing in your borscht

>> No.14993870
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14993870

>>14993621
What types of products do you sell then anon? And where do you get them from (Taobao, set up deals w manufacturers, etc.)?

Been interesting in diversifying my income portfolio a little, since party drugs and memecoins aren't exactly shining examples of entrepreneurial and financial genius, nor do they provide an adequate safety blanket for when shit hits the fan

>> No.14993887

>>14993005
Okay class submit your essay outlines.
Nah teach, I ain't doin' that shit, because
>REDDIT SPACINGG

>> No.14993891

>>14993718
I'm wondering how the hell you are able to make that much after all expenses.. you 7x per month? You actually turn 1k to 7k???

I am seeing your pic, it doesn't look like a larp. Have no idea what niche you chose.

I guess I'm stupid as shit because I have no clue what you're doing

>> No.14993935

>>14993870

I do not have specific categories. I have products or am developing products in at least 4 different general categories. Most of my "working hours" are spent figuring out new random ideas then checking online for products that match my idea, then using basic analysis to figure out ideas worth perusing. I also spend a ton of time coming up with unique names, improvements and marketing ideas. For example, one product I am thinking to make is based off of African tribal customs, and is meme enough for people to buy or talk about. We'll see how it goes. Plenty of low hanging fruit in the world.

As for sourcing, I use alibaba-like companies and connections. I always try to find a decent valued american source if possible. Sourcing agents also help sometimes for more difficult to explain ideas. also logistics for more complicated or items requiring many levels of processing before being shipped to usa.

>> No.14993961

>>14993621
Why does quality always rise at 6am? Is it the europoors?

>> No.14994002

>>14993891

It's really fucking niche, anon. It requires zero advertising or marketing, a very basic item that literally no one thinks about, and will saturate at around 60-70 units/day. I basically found a really old product that never saw much commercial success (it was marketed to businesses actually?), modified it for consumer use, added non-retarded instructions via qr code and bought reviews for it. Cheap enough that people either love it or throw away without seeing it being worth the time to complain/return.

>> No.14994014

>>14993961

I'm american. I am just basically retired so I sleep whenever I get bored or tired. Also best time to talk to chinese. Been listening to a bunch of music on my new stax headphone setup tonight while shitposting and throwing random money at memecoins for a laugh.

>> No.14994054

>>14992990
Asuka anon based his predictions on 400 MA (he mentioned it himself). If what we're seeing is an actual bullrun, than his predictions will be right, althought if we're gonna enter bear market again, we might actually see drop to $1000-2000.

>> No.14994079
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14994079

>>14993935
So 'l i f e s t y l e' products it is then? I'll do some research and look into it, maybe I can finally do something with the fashion design degree I'm getting

Any tips for sourcing good suppliers/manufacturers? Also, what are the actual chances of producing a tangible product that will sell for at least a year for 2x ROI? I'd be happy with 500EUR-1kEUR a month honestly

Live in Berlin btw, don't know if it'll make any difference

>> No.14994081
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14994081

>>14993891

Maybe I got lucky on this, but at the end of the day, there are people all over the planet doing this stuff constantly and becoming m/billionaires from it.

>> No.14994168

>>14994079

Is amazon big in Europe? I haven't even started doing fba in other countries yet, which should pop my numbers up more whenever I decide to do it.

I mean, for fashion you might want to look into popular 3rd world sources of fabric, I had an idea involving Turkish fabric at one point, but if you are looking for dead cheap, go hit up eastern Europe or Bangladesh or Vietnam. Peru is interesting if no already played out. Chinese linen is nice. Source the fabric from those areas, cut/style as you need to in house, sell for whatever price you can get. Your value is from designing and (at least at the start) producing your own clothing in house. Amazon has no barriers, so make a bunch of random sample products and see which ones sell on amazon FBM. The ones with the most interest, send to above mentioned shitholes to mass produce for you.

The chances are pretty good if you come up with something that isn't super fucking basic, or add a unique variation to an existing type of product.

I mean shit, look at gymshark. Some closet homo decided to make workout clothing tighter, no unique idea other than that, now he's rolling in cash.

>> No.14994217
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14994217

>>14994168
Thanks based Anon, you've given me the confidence and morale to start doing business in tangible assets rather than hocus pocus numbers on chart.

I'll be sure to mention you as motivation if I ever make it big, and godspeed to you fren

>> No.14994264

>>14994217

Oh, almost forgot! Try to keep your first item cheap. Under $1.5/unit and sell it for at least $9.99

Keep the item as physically compact and light as possible. It really cuts down fees. Anything you sell on amazon will cost you around 15% + shipping. Cheapest shipping is like $2.66 in usa, not sure in islamland.

So for the above, a $10 item will give you back about $6 minus product cost.