If you need a little extra cash toward debt consolidation or an emergency fund, this could be a beneficial option for you.
Maybe you just want a bigger savings account because you like having a more disposable income. You may be able to reach your financial goals by “flipping” a product or item or buying cheap and selling expensive.
Flipping Businesses – like most Amazon FBA programs – wants you to believe you can build and run a successful e-commerce business that’s automated, profitable, and generates cash around the clock in less than 90 days…
With just a couple hundred dollars in inventory…
Sounds a little too good to be true, huh?
Look, as far as most online businesses go, you could do a lot worse than Amazon FBA.
But does that mean it’s the best solution for you?
That’s what we’ll find out in this Flipping Businesses review.
The biggest things you have to consider here are:
- Inventory Management
- Product Selection
- Time to Profit
While you can make good money with Amazon FBA, it’s not as easy or simple as most course creators make it sound. Let’s break these 3 down real fast:
1) Inventory Management: If you’re doing an FBA business, the promise is that you don’t need to worry at all about inventory, because Amazon takes care of packing, shipping, customer service, etc.
However, you still need to get products to Amazon. And Amazon has very strict rules all sellers have to follow when preparing products for their warehouses.
This includes packaging, labeling, and registering products in their system. If you’re preparing all products yourself, you’ll spend a TON of time on this step (potentially 4-5 hours a day). So if you’re looking for a passive, automated business that runs itself, this might not be the best fit.
Now, yes, you can hire an Amazon prep center to do all this for you, but that eats into your margins. And remember that Amazon takes around 30-40% in fees for using the FBA program, so your profits are pretty tight to begin with.
2) Product Selection: E-commerce is a cyclical business. “Hot” products are always going in and out of fashion, which means, as an Amazon seller, you constantly need to be on the lookout for the next big thing.
That means monitoring trends, searching for products that might be popular down the line, and constantly in a rat race to – essentially – predict the future.
Sure, you can play in the evergreen market (things people always need and buy), but how much profit margin are you really going to get on meal prep containers, rubber spatulas, and golf umbrellas? Especially when there are hundreds of thousands of other sellers all swimming in that same ocean.
And because you’re constantly hunting for new hot products to sell, that takes up all the valuable time you could be using to travel, explore, read, surf, hike, or whatever else.
3) Time To Profit: Now, this isn’t the slowest turnaround time, but if you think you can put a dollar into inventory today and come out with two tomorrow, you’re sadly mistaken. From the time you first buy products to sell, you could be looking at anywhere from 4-12 weeks before you see a dollar come back.
And it could take twice as long before you break even.
Now, that’s not terrible, but what if you could start building a different (non-Amazon) income stream today, and see your first profits tomorrow?
What if you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Inventory
- Low margins
- Constantly looking for the next hot product
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day packing, prepping, and researching?
If that sounds like something you’d be interested in, check out Digital Leasing.
This is nothing like the Amazon FBA, and that’s probably a good thing.
However, if you’d still like to know more about Flipping Online Businesses, keep reading.
What Is Flipping?
Flipping unfamiliar? We’ll guide you.
Flipping is reselling a product for a profit above its original price. If you watch HGTV, you’re probably familiar with “house flipping,” in which an investor buys, improves, and sells a home.
Not only can real estate be flipped. You can make money reselling things you already own or buy cheaply if you do your research and choose the right marketplace.
Passive Product Flipping
FBA Masterclass founder Tom Wang says passive product flipping is a huge opportunity. Many real estate agent flip products to make extra money.
They buy cheap goods and sell them on eBay and Craigslist for a profit, but they need to find more deals and new products. When you stop working, your income will stop.
Product flipping can generate semi-passive income. Because selecting and purchasing items and shipping them to an Amazon warehouse means Amazon handles the heavy lifting.
Many consumers believe they must store Amazon items at home and transport them to the post office. “What’s wrong,”
Fulfillment By Amazon
Tom Wang says FBA eliminates the need for sellers to handle or view their products. Your supplier sends the items directly to Amazon, which stores, packs, and delivers them.
When the system runs, you can earn money passively while eating, watching a movie, or sleeping. This reduces shipping costs, so you save money flipping.
Tom says it’s real if it sounds too good to be true. More than half of Amazon’s revenue comes from FBA customers.
Sdara Skincare Of Tom Wang
Tom founded and scaled Sdara Skincare on Amazon before selling it for seven figures.
Tom: “Many experts tell you how to dropship or sell on Amazon.” Most have never tried it,” he adds. I’ve been there, done that, and want to help others. My Master’s FBA system helped many Amazon sellers. Our 5,000-member community welcomes Amazon FBA sellers worldwide.
I’ve created a free 15-minute trainingto help you start selling on Amazon. You’ll learn how to get started, how much money you’ll need, how to find good products and suppliers, and how to ship to Amazon. As a final step, I’ll set you up with a one-on-one coaching session. No problem.”
What Are My Thoughts About This?
It’s funny how people who run ads to sell their courses come up with a hook (rank and bank this, digital billboard ads that), run it until their cost per lead creeps up, then piece together a new ad with a unique hook (i.e., passive product flipping) that they may have borrowed from a competitor (weren’t Abdul and Chance from Modern Millionaire running a “lead flipping” ad recently?). No thanks.
This is why commercial real estate investors frequent our online marketplace to acquire digital assets.
Who Is Tom Wang?
Tom Wang sells lots on Amazon.
He started FBA Masterclass to teach people how to sell a single product on Amazon.
Born in China, Tom Wang immigrated to Canada in 2001.
Before starting Amazon, Tom was a Yellow Pages account manager for a few hundred dollars.
2017 marked Tom’s Amazon debut. His first two products failed because he couldn’t sell them on Amazon.
Amazon is his third try. Tom claims he’s made $5 million on Amazon.
Tom Wang’s Amazon FBA Masterclass teaches his 2019 single-product profit strategy.
Following Tom’s instructions, he says you can make millions in two months. He also gives passive income ideas and ways to sell products on Facebook’s marketplace.
He promises to increase the resale value of items to flip.
Tom Wang’s Amazon sales may be unprofitable. He’s benefiting greatly from the FBA Masterclass.
Some Passive Income Ideas
Tom says power tools, yard equipment, and other home improvement products are among the best to flip on Home Depot’s website, one of the top ten retail sites globally.
Search thrift stores and garage sales for drills, lawnmowers, circular saws, and power washers. After buying them, you can sell them on eBay, Craigslist, or Facebook Marketplace.
Flipping is popular on eBay. Selling on eBay offers security, free traffic, and competitive pricing. After 50 free listings per month, eBay charges $0.35 per listing and a final value fee of 5% to 12%, depending on the product.
Auction (Offline) A yard sale or garage sale is best for selling many small items.
You can make money reselling products you already own or can buy cheaper if you do your research (and choose the proper marketplace). There are many secondhand buyers if you want to flip items.
Commuter-heavy areas may be better for selling cars. Understand your state’s auto selling regulations before selling a vehicle privately.
You can flip items from estate sales, thrift stores, the internet, flea markets, or your personal stash.
Many small businesses for sale will be sold to buyers with the previous business ownership experience.
Platforms Where You Can Flip Items
Many people flip to supplement their incomes. Many people profit from selling discounted items.
There are more platforms to sell on, money-making tools to price and sell your stuff, and sites to buy items to sell.
Personal Capital monitors your cash flow and revenue for free. You can use this to track your net worth and invest even a few dollars wisely.
Is Passive Product Flipping A Scam?
So, is Passive Product Flipping a scam? Not technically. You can make money with this program, but it’s definitely not as easy as makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (recurring revenue)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Leasing.
And, unlike with Amazon FBA, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.
Are There Alternatives To Real Estate Investing?
Yes, there are plenty of other business models to choose from if you want to pursue making money online. Here are just a few:
What Is My Top Recommendation In Making Money Online In 2024?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Leasing is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.
Why?
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With Amazon FBA, you don’t really own anything. Yes, you technically own the products before you send them into an Amazon warehouse, but that’s it.
You don’t own the sales platform, you don’t own a brand, and you don’t own the customers.
Not to mention, Amazon can literally shut you down at any time if they believe you’ve violated their constantly changing terms of service.
So you’re building a business that could be completely taken away from you in the blink of an eye.
With Digital Leasing, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: As mentioned above, spending 4-5 hours a day prepping and packing products to send to Amazon is a huge time commitment.
Plus, you constantly need to be buying new products if you want to maintain your business. You need to spend even more money if you want to scale up.
With physical products, you’ll always have limits on your time and freedom.
With Digital Leasing, a 100% online business, you never have to worry about that.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with Amazon FBA, you’d have to double your inventory OR your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. Amazon FBA is a decent way to make yourself money, but it doesn’t improve anyone else’s lives.
After all, there’s always someone else selling rubber spatulas and umbrellas. That might be fine in the short term, but in the long run you may feel like you’re missing a purpose.
With Digital Leasing though, you’re actually helping people by solving your clients’ biggest problem…
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Selling online Businesses which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.
