G
Guest12120
Guest
Here is the deal:
You are given an opportunity to sell a product that is a best seller on Amazon. The current seller (brand owner) has to remove the product from Amazon so
would have to open your own e-commerce store. This product is patented and you would be the only seller. You can't use the brand's website, so you wouldn't have any SEO advantage. You can't use any customer data.
Here are the product details:
It's a leak and spill proof water bottle for kids - huge market
It has over 2,200 reviews on Amazon with the average rating of 4.5 (you will be able to transfer them to your store) - exceptional quality
Current sales are over 250 units a day on Amazon - high demand
The MSRP is very attractive - 2 bottles for $11.99. You can't increase the price - very affordable
Cost of goods sold is only $2.45/2 bottles (79% margin) - sweet margins
You have access to 100,000 units, so you won't have to worry about selling out. You are responsible only for the units you sell, so you won't have to pay for the inventory ahead of time. You won't be charge for storage either.
Brand owner will provide any images or videos you will need for your ads. Including customer video testimonials.
The cost of shipping with FedEx would be $4.99 per 2 bottles. You will charge your customers the same. Small shipping fee most likely wouldn't affect the conversion rate too much. Delivery time 2-7 days. Same day fulfillment.
Conditions of the deal are the following:
You have to use Facebook Ads to send traffic to your store. New ad account. New Facebook Pixel. Cold traffic than retargeting when you build your custom audiences.
You have to spend at least $5k/month on ads.
After 60 days: If you are profitable, you get $10k bonus. If you lose money, you will have to pay $10k penalty.
Would you take this deal?
You are given an opportunity to sell a product that is a best seller on Amazon. The current seller (brand owner) has to remove the product from Amazon so
would have to open your own e-commerce store. This product is patented and you would be the only seller. You can't use the brand's website, so you wouldn't have any SEO advantage. You can't use any customer data.
Here are the product details:
It's a leak and spill proof water bottle for kids - huge market
It has over 2,200 reviews on Amazon with the average rating of 4.5 (you will be able to transfer them to your store) - exceptional quality
Current sales are over 250 units a day on Amazon - high demand
The MSRP is very attractive - 2 bottles for $11.99. You can't increase the price - very affordable
Cost of goods sold is only $2.45/2 bottles (79% margin) - sweet margins
You have access to 100,000 units, so you won't have to worry about selling out. You are responsible only for the units you sell, so you won't have to pay for the inventory ahead of time. You won't be charge for storage either.
Brand owner will provide any images or videos you will need for your ads. Including customer video testimonials.
The cost of shipping with FedEx would be $4.99 per 2 bottles. You will charge your customers the same. Small shipping fee most likely wouldn't affect the conversion rate too much. Delivery time 2-7 days. Same day fulfillment.
Conditions of the deal are the following:
You have to use Facebook Ads to send traffic to your store. New ad account. New Facebook Pixel. Cold traffic than retargeting when you build your custom audiences.
You have to spend at least $5k/month on ads.
After 60 days: If you are profitable, you get $10k bonus. If you lose money, you will have to pay $10k penalty.
Would you take this deal?
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