– Hi everybody, it’s meSarah here from Wholesale Ted
coming to you today witha little bit of a cold,
but that’s okay.
Now I’ve said this before,
but I will say it again.
Free, free, free.
Everybody loves free.
But you know what people love
more than stuff that’s free?
They love it when something that is free
can result in making themmillions of dollars every year.
Yes, today I’m gonna begiving you five websites
that have free traffic and free customers
that you can use to builda moneymaking business.
And yes, almost all of this money
was made from entirely free traffic, how?
Well, let me show you.
Website one, Amazon.
Look, I’m gonna be straight with you,
if you want to builda moneymaking business
with free traffic,
the absolute best websiteto get high quality
free traffic and customers is Amazon.
In fact SimilarWeb estimatesthat in the past month,
Amazon has been visitedover 2.6 billion times.
It’s an insane amount offree traffic and customers.
Now a lot of people mistake and they think
that Amazon is the onethat sources the products
that they sell on their website,
but actually usually this is not true.
While Amazon does sources out
a tiny percentage of its products,
usually it acts as an online marketplace
where third party sellers like you and I
can list their items for sale.
Just like with eBay,
it isn’t eBay who lists theitems on its site for sale,
it’s third party sellers that do.
But Amazon has a big advantage over eBay.
You see, on eBay, if Ilisted this cat coffee spoons
and someone bought them from me,
I’d have to have them in my house
so that I could package them up
and then ship them out to my customer,
which is why for a lot of eBay sellers,
having to store all of the items
that they’re selling on the site
means their houses shortly ends up
looking like an episode from Hoarders.
And so Amazon decided tocreate something different.
They created the Fulfilledby Amazon program.
Basically Amazon has set up warehouses
all around the USA, and, well, the world.
Third party sellers can ship
their items into the warehouses,
Amazon will collect theitems and store them.
And then when a customer comes
and orders an item from you,
Amazon’s warehouse staff willfind your item stored there.
They will then package the item up
and ship it out directly to the customer,
and it will arrive in oneof Amazon’s classic boxes.
This done-for-you service iscalled Fulfilled by Amazon
and it was revolutionary.
No more having to storeitems in your house,
no more having to shipthem out to customers.
It means then that third party sellers,
like River Retail here,
who have 199 items listedin their Amazon store,
which by the way will be making them
thousands of dollars a month,
just have to source the products
and let Amazon do the rest.
In fact Amazon businessescan be so hands-off
that they can be potentially run
almost anywhere in the world,
even from the beach,
as long as you have aninternet connection of course.
So there are three maintypes of businesses
that you can start on Amazon
to take advantage of allof this free traffic,
and I’m gonna be listing them in order
of their profit potential.
Keep in mind though that the businesses
with the most profit potential
often do have the highest startup cost.
So pros and cons there.
So onto business one.
Amazon business one,
selling popular branded items.
So out of these three businesses,
this one easily has thehighest profit potential.
And it’s pretty simple actually.
What you do out there is youfind popular branded products
that already have an established fan base,
and you sell them yourself.
That’s it, you’re just piggybacking
off of existing productsand existing sales
and taking a slice of them for yourself.
It makes a very beginner-friendly strategy
because you don’t actually have to come up
with any product ideas yourself,
instead you just get to sell items
that are already sellingreally really well.
My goods friends, Dan andEric, are fantastic examples.
They have made millionsand millions of dollars
with their Amazonbranded product business.
In fact as we highlighted
on one of our most popularvideos on this channel,
they made over fivemillion dollars with it
in just one single yearusing this strategy.
It’s pretty crazy but in total
they have made over 16 million dollars
from free Amazon traffic,
and I think this number
may actually be up to20 million dollars now.
And they have been verygenerous and have put together
a free limited time exclusivevideo training workshop
just for Wholesale Tedviewers and subscribers.
So if you would like to get access
to this course before it expires,
be sure to click on the link
in the video description below.
And I know how lucrative this can be,
because as I’ve discussedbefore in this channel,
I’ve personally made a lot of money
by selling popular branded items.
Although as I’ve describedin my previous videos,
I didn’t do this byselling them on Amazon,
I sold these items in my own store.
But as Dan and Eric
and their many successfulstudents have shown,
you don’t need to set up your own store
and get your own traffic,
you can just piggyback offof Amazon’s free traffic.
Now you might be thinkingto yourself, that’s awesome,
I get to sell real productswith actual brands,
I’m gonna go out there and buy 100 iPhones
because they’re gonna sell like crazy.
Calm down there, calm down.
It doesn’t work like that.
And that it would be great,
wouldn’t it if you could just go out there
and buy 100 different GoPros, right?
Because GoPros have ahuge amount of demand,
and people are always wanting to buy them.
Unfortunately though billion dollar brands
like GoPro, Apple, andNike are very selective
on who they will actuallysell their products to,
and they will usuallyonly let big retail stores
purchase them and resell them,
and even worse,
those retail stores
usually don’t even make a profit
off of these items.
So no, you can’t just go
and buy 100 different GoPros to resell.
But like Dan and Eric do andtheir successful students,
you can take advantageof everyone’s obsession
about wanting to sellbillion dollar branded items
and turn their obsessioninto money for you.
You see, what Dan and Ericdo is they go to Amazon
and ignore billion dollarsuper popular brands
like Nike, Apple, and GoPro,
and instead they browsethrough the items on Amazon
and find moderately popular products
like this one here, Nuti Light.
Now the chances are,
you’ve never heard aboutNuti Light before, why?
Because it’s not a super popular brand.
But you know what?
Lots and lots of peoplebuy it every month.
It may not be super popularbut it is moderately popular.
Check this out, if we cometo the Amazon listing for it
and see what its monthly sales are
using the Jungle Scout Chrome Extension,
we can see that in the past month
an estimated 1,099 units of it was sold,
which is over $10,000 insales for just one month.
And so that is what Dan and Eric do.
They look for thesemoderately popular products
because these products haveway less seller competition
because most peopledon’t think to sell them.
And that is the secret todoing this business right.
Most people fail at this business
because they can’t figure out what to sell
so they just try and sellwhat everybody else is
which is super popular brands.
If you want to do this business right,
then you want to be lookingfor the right brands
and the right products to sell.
In fact for this five-figure product,
there are only six other sellers.
Amazon will split most of its sales
between third party sellersthat meet its criteria,
and that is that theyare competitively priced
and they’re fulfillingtheir items with Amazon.
And as we can see,
there are only two sellersthat meet this criteria,
and that is River Retailand Kidz Kupboard.
And so most of that $10,990
is only being split between two sellers.
Of course if you were tostart selling it as well,
then it would start to becomesplit between three sellers.
And so when Dan and Ericfind a moderately popular
yet highly profitable brandedproduct to sell like this one,
they’ll contact the manufacturer for it
and set up a wholesale account with them
so that they can now buy it in bulk
at massively discounted rates.
But instead of gettingtheir items shipped to them,
they’ll have them shipped
directly to the AmazonFulfillment warehouse instead
to be listed and sold on the site.
Pretty cool, right?
So not only do you get to piggyback
and essentially steal a slice of sales
from products that arealready selling well
which removes the guessworkof trying to figure out
what products you should list and sell,
but by utilizing Amazon’s FBA warehouses,
you can run this business
from pretty much anywhere in the world,
and yes, that does include the beach
if it has an internet connection.
And so again if this sounds like something
that you would like to learn more about,
then you should be sure to sign up
for our free exclusivelimited time workshop
that Dan and Eric are running
just for Wholesale Tedviewers and subscribers.
And you will find the link tohow you can join in on that
in the video description below.
Amazon business numbertwo, retail arbitrage.
So I find that a lot of sellers
get started with this business model.
So what you do with it is that you go to
big retail stores likesupermarkets, Walmart, Kmart.
So you hit the places like that
and you take a look atthe items on the shelves
and compare their pricesto their price on Amazon.
If you find an item priced lower, woo-hoo!
(cash register ringing)You’ve got a hit!
When you’ve got a hit,
you then buy as many ofthe product as you can,
and then package the item up and ship it
into one of Amazon’sFulfillment warehouses.
Now Pineapple Lumps are a special case
because they’re actually
a New Zealand exclusive candy
or lolly as we would say in New Zealand,
so they’re rather rarein the United States,
and that’s quite expensive.
Usually the best hitsthat you’re gonna find
are gonna come from products
that are on sale in a retail store
but are not on sale on Amazon.
So as you can see this businessmodel is not so passive
because of the fact thatyou need to be constantly
going to retail storesand sourcing products
and comparing their pricesto the prices on Amazon.
And so usually this businesshas a bit of an income cap,
and I find that for most people,
it sort of caps out ataround $100,000 a year.
But I know through personal experience
that retail arbitrage can makefor a great first business
because of the fact thatjust like with the first one,
you are just piggybacking andcapitalizing off of products
that are already selling really well.
As I’ve explained before on this channel,
retail arbitrage wasmy first ever business.
Eventually though I realizedthat I wanted to find better,
more effective ways of sourcing products
which is how I discoveredwholesale and dropshipping.
If you’d like to find out moreabout what dropshipping is,
then you should be sure todownload our free ebook,
the six steps that six-figuredropshipping stores
follow to make over $10,000 a month,
and you will find a link
to how you can get this free ebook
in the video description below.
Amazon business numberthree, Merch by Amazon.
Merch by Amazon is simple,
it’s print-on-demand forclothing like T-shirts
but with Amazon.
If you don’t know what print-on-demand is,
here is how it works.
Companies like Merch by Amazon
will take artwork that you provide them
and put them onto itemslike T-shirts and hoodies
each time a customer buys one from you.
So it means then thatyou don’t need to buy
a bunch of T-shirts in advance to resell
because of the fact that these companies
will print and make each one individually
and ship them out to thecustomer as they buy them.
Not only then does thismassively lower your risk
because of the fact thatyou don’t have to invest
into inventory in advance,
but it also massively lowersyour startup cost as well.
The clothing you createinside of Merch by Amazon
gets listed on Amazon’s product listings
just like any other piece of clothing,
and so again you get to take advantage
of customers already coming to Amazon
and searching and browsing for items.
For example this T-shirt here
was created with Merch by Amazon
from a simple third party seller,
and if we check out its salesstats using Jungle Scout,
we can see that each monthit’s making over $4,000.
Isn’t that crazy?
And this seller doesn’thave to do much work at all
because Amazon handles mostof the customer service,
they handle the printing,they handle the shipping.
It means then that this isa super passive business
once you’ve found awinning design of course.
So if you have a limited startup money,
then print-on-demand can bea fantastic business for you
which actually leadsme to my next website.
Website two, Etsy.
I was talking to afriend who described Etsy
as the hipster online marketplace.
And you know what?
That’s actually pretty accurate.
So like Amazon, Etsy is a website
that doesn’t focus onselling their own items,
instead they allow thirdparty sellers like you or I
to list our items and sellthem on there to make money.
Last year tens of billionsof dollars were sold on Etsy.
That’s a huge amount of traffic
and sales to piggyback off of.
But there’s just one important thing
that you need to know about.
What sets Etsy apartfrom other marketplaces
like Amazon or eBay
is that they have strict rules.
The products you sell need to
under most circumstances be original.
And if you use a manufacturer
to help you create the products you sell,
Etsy must approve themas ethical suppliers.
Luckily Etsy has approvedPrintful and Printify,
two of the biggestprint-on-demand businesses
as ethical suppliers,
making an Etsy print-on-demandbusiness a great idea.
Unfortunately though youcouldn’t sell this T-shirt
that I made and printed with Printful.
And that’s because I bought
this artwork off of Shutterstock.
And yes, I bought it usingthe Enhanced Image License,
giving me the right to reuse this product
for commercial purposes.
But as we can see in Etsy’sterms and conditions,
all artwork has to be original,
which means that either youneed to make the designs
that you use for yourprint-on-demand products
that you list on Etsy
or that you get a graphic designer
to make original designs for you
and call them part of yourteam in your profile bio.
But I don’t think that thoserules are hard to obey at all.
Lot of print-on-demand basedbusinesses like these on Etsy
follow the rules andgets to take advantage
of the tens of billions of dollars
being sold on Etsy each and every year.
But full disclosure,
as I’ve explained in aprevious very popular video
on Etsy and print-on-demand,
listing a product on Etsy costs 20 cents
and it will stay up onEtsy for four months.
So there is a small upfrontcost to using the site
but it’s very very little.
And unless you specificallypay for advertising,
you don’t have to pay for any clicks
or any views to your product.
So for me, it meets thedefinition of being free traffic.
Of course I know forsome of you out there,
you’re very specific in whatyou consider to be free,
so if you disagree withmy definition of free,
feel free to let me knowin the comments section.
Website three, Fiverr.
Fiverr has absolutely revolutionized
the world of freelancing.
On Fiverr you sell freelancinggigs to other people,
usually other businesses.
Most people know that Fiverr
is a good place to get blog posts
or to get a logo made
or to have an article proofread,
but people sell lots of services on there.
Heck people are evensuccessfully making money
by creating free Google forms and surveys.
And If you’ve never done that before,
well, trust me, creatinga Google form or survey
is pretty damn easy,
and yes, it is free to make one,
no fancy software required.
I’m sure that almost allof my subscribers here
could make one just fine.
I find that freelancing
is a great first businessfor a lot of people
because it’s very easy to understand.
Someone has a servicethat they need completed,
and you go and complete it forthem in exchange for money.
And people spend a lot ofmoney on Fiverr buying gigs.
I know that I spend a lot ofmoney on Fiverr each year.
In fact I purchased so many Fiverr gigs
that I’m a part of a kind of secret
invitation only clubFiverr has called VIDs
which stands for Very Important Doers.
Freelancing also hasanother secret benefit
for people starting out online.
I get a lot of people askingif they can work for me,
and I know the real reason why they ask.
It isn’t because of the salary,
it’s because they want an insider look
into how I run my business.
And I really respect that
because I’ve learnt alot from taking courses,
I’ve learnt a lot from reading books,
but the most that I’ve ever learnt
is by working with people
who are already successful at something
that I want to be successful at too.
But of course there can be alot of competition on Fiverr
because it’s one of thebiggest online marketplaces
for freelances to list their services,
and so sometimes it makes use
to go out there and research
which leads me to my next website.
Website number four, Jungle Market.
Jungle Market is asurprisingly little known
freelancing gig site fromthe creators of Jungle Scout.
The purpose is for freelancers
to be able to list services on there
that are tailor-made to Amazon sellers.
And do you know whatone of the benefits are
of selling servicesdirectly to Amazon sellers?
They are often really rich.
They have lots of money to spend,
so not only is there way less competition
from other freelancers for work,
but because your clientele is rich,
you can charge a lot more.
Check this out.
This is one of the topselling gigs on the platform.
They are charging $130 just to add a video
to an Amazon listing.
They’re not even making the video,
they’re just adding it intoan Amazon product listing
which is incredibly simple to do.
Like seriously when I sawthis, it blew my mind.
I mean you just have to goto YouTube and do a search
and you’ll quickly find a video tutorial
that will teach you how todo this in five minutes.
And the reason why aservice so simple as this
can charge so much money
is because Jungle Marketis the perfect example
of demand far exceeding supply.
Amazon sellers want their owntailor-made freelancing gigs
but not many freelancersare offering them.
And this is something
that the product managerover at Jungle Market,
Joel and I were recently discussing.
Check it out.
– [Joel] So right now
is just the absolute perfect time
to join the Jungle Scout Market
because we are stilla growing marketplace.
Like Fiverr has two million users,
Upwork has five million users.
We’ve had a lot of freelancers right now,
there’s a freelancer thathas over 250 reviews,
he was one of the very first freelancers
to join the Jungle Scout Market,
and he has now been ableto quit his full-time job.
He left Fiverr because the leads
were just like not nearly as high quality,
and it was just a raceto the bottom on price.
And now he basically dedicateshis entire full time job
to the Jungle Scout Markethelping Amazon sellers.
I have another freelancer thatis a product photographer.
He has a wife and three kids,
and again full time job
being a product photographer
on the Jungle Scout Market.
If they were on Fiverr or Upwork,
the amount of time it would take
for them to grow their portfolios
and to get those reviews
and get the steady streamof clients could take years,
it could possibly never even happen.
So just right now while themarketplace is still small
is the perfect time to join.
– If you’re curious about Jungle Market,
I’ll have a link to it inthe video description below.
Please know that video descriptioncontains affiliate links.
Here at Wholesale Ted,
all of our YouTube videos are free,
and affiliate links helpus keep our videos free.
Website five, YouTube.
YouTube is an awesome website
to take advantage of for free traffic
because YouTube is one of thebiggest websites in the world.
There is an absurd amount offree traffic on this website
to take advantage of and monetize.
Unfortunately most people on YouTube
suck at monetizing their channels.
I don’t think it’s gonna come
as a surprise to most of my viewers
that in my niche as intactical business niche
that we get absurd CPMsfor our advertising.
If we convert 48 NewZealand dollars into USD,
that equals about $32.
So if you’ve ever wondered
why there are so many new YouTube channels
popping up with regurgitateddropshipping videos,
this is a big reason.
For most niches thisis not the case at all.
For most niches you getaround $1 to $2 per CPM
which means cost per thousand views.
So here is a YouTubevideo I really enjoyed
from one of my favorite channels.
It’s about video games
and it has around 450,000 views,
a pretty incredible feat, right?
Well, usually achievingsomething like this
in a channel that’s about pop culture
will net you around 450 to $900,
and that’s it.
Getting 450,000 views is really hard,
so getting paid $450 to$900 as a reward for this
does not seem like a fair exchange.
That is why usually the mostlucrative YouTube channels
are built around selling products,
and as I’ve highlighted before,
there are two ways to easily do it
without it being forced.
The first is to start a YouTube channel
where you review products
and post affiliate links
for how people can buy the products
in your video description.
And the second way is tocreate a YouTube channel
where you create tutorialsusing software or apps
that, yes, have affiliateprograms like Adobe products,
and yes, just like withthe review channels,
you place your affiliate linksin the video descriptions.
Now while both these channels do work,
I’ve got to admit I’m a muchbigger fan of the latter,
because like let’s takethis GoPro Hero7 Black here.
Usually people sell this
using the Amazon AffiliateAssociate program,
and with that program it comes under
the All Other Categories commission rate
which pays out a measly 4% commission.
So if someone buys this GoPro Hero Black,
you will make a whole $15per sale for a $379 purchase.
Now let’s take Adobeproducts like Photoshop.
The monthly subscriptions have a huge
85% commission on your first sale,
and even better their stock image program
pays out a one-time rate of $72
when someone successfully signs up
for a one-month subscription
which is incredible when you consider
that a one-month subscription
costs anywhere from $30 to $50 a month.
Digital products have
far higher affiliate commissions
because of the fact
that their profit margins are much bigger.
So keep that in mindwhen you are selecting
what type of YouTube channelyou are going to create.
Thanks for watching this video.
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– Hi everybody, it’s meSarah here from Wholesale Ted