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While Amazon sellers can make upwards of $3 million every year (yes, you read that right), it takes smart business acumen, hard work and a bit of product ingenuity to make that much money. According to Jungle Scout, a substantial percentage of sellers (44 percent) average between $1,000 and $25,000 per month in sales (that comes out to about $12,000 or $300,000 per year). Only one in five sellers actually makes between $25,000 and $250,000 per month. And that's not taking into consideration that selling and flipping are not exactly the same thing (flipping is a form of selling, but selling is not the same as flipping). Flipping items takes time and dedication Generally speaking, large retail chains like Walmart, Marshalls, Kroger, Walgreens and Costco often offer items on sale that Amazon will list at full retail price. As a result, those places are prime spots to find items to flip. (Always remember: just because an item is on sale, that doesn't mean it's not worth something to someone else.) But perhaps the biggest treasure trove of items to sell comes directly from Alibaba, the Chinese e-commerce site where Amazon sellers can buy items wholesale straight from the suppliers themselves. Feedvisor advises trading with Alibaba's premium suppliers and only purchasing non-branded products, as some merchants do sell knockoff items. In addition to purchasing the products to resell, there are other expenses to be mindful of, especially if you plan on using Amazon. Enrolling in Amazon's FBA (Fulfillment by Amazon) program, for instance, means that Amazon can take a cut out of every profit you make off a product. That's because the company charges to handle the sale of your item, the pickup of your product, shipping, returns and customer service. If you'd rather not pay a fee for every item sold, you can instead choose to pay a $39.99 monthly subscription. Not everything is worth flipping This is the microphone you keep seeing all over TikTok This warm and cozy teddy coat is affordable enough to buy in multiple colors camera bag cyber monday
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