In this episode of The Amazing Seller Podcast I will share what I call the 10x10x1 strategy and how to implement it in your business.
We also talk about the numbers and how just 10 sales per day per product can compound and create a very nice income.
1 Product – $100 per day = $3,000 Month – $36k Year
2 Products – $200 per day = $6,000 Month = $72k Year
5 Products – $500 per day = $15,000 Month = $180k Year
Greg Mercer Podcast Episode #56
Here’s a snap shot of the basic criteria:
• 1. Priced between $19 – $45
• 2. Lightweight & Small (Fits in Shoebox)
• 3. Sells 10 per day or more
• 4. Sourced at 1/3 of selling price
• 5. Ships by Air
• 6. Under 500 reviews
Greg looks for the Top 10 Spots doing $3,000 in sales or more
—The Spread should be Over More Than 2 sellers
—Prove that their is depth
What are the BSR numbers estimates for 10 sales Per Day?
-Beauty – 5,500
-Health & Personal Care – 8,500
-Home & Kitchen – 13,000
-Kitchen & Dining – 5,500
-Patio-Lawn & Garden – 3,200
-Pet Supplies – 3,400
-Sports & Outdoors – 7,800
-Toys & Games – 5,800
The bottom line is to find products that you can sell 10 units per day at $10 profit.
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