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- Hi everybody, it's me Sarah here from Wholesale Ted , coming to you today with a little bit of a cold, , but that's okay , Now I'vie 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 them millions of dollars every year , Yes, today I'm gonna be giving you five websites , that have free traffic and free customers , that you can use to build a moneymaking business , And yes, almost all of this money , was made from entirely free traffic, how? , Well, let me show you , (upbeat music) , Website one, Amazon , Look, I'm gonna be straight with you, , if you want to build a moneymaking business , with free traffic, , the absolute best website to get high quality , free traffic and customers is Amazon , In fact Similar Web estimates that in the past month, , Amazon has been visited over 2.6 billion times , It's an insane amount of free traffic and customers , Now a lot of people mistake and they think , that Amazon is the one that 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 USN't eBay who lists the items 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 I listed 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 to create something different , They created the Fulfilled by 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 the items and store them , And then when a customer comes , and orders an item from you, , Amazon's warehouse staff will find your item stored there , They will then package the item up , and ship it out directly to the customer, , and it will arrive in one of Amazon's classic boxes , This done-for-you service is called Fulfilled by Amazon , and it was revolutionary , No more having to store items in your house, , no more having to ship them out to customers , It means then that third party sellers, , like River Retail here, , who have W items listed in 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 businesses can be so hands-off , that they can be potentially run , almost anywhere in the world, , even from the beach, , as long as you have an internet connection of course , So there are three main types of businesses , that you can start on Amazon , to take advantage of all of 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 the highest profit potential , And it's pretty simple actually , What you do out there is you find 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 products and 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 selling really really well , My goods friends, Dan and Eric, are fantastic examples , They have made millions and millions of dollars , with their Amazon branded product business , In fact as we highlighted , on one of our most popular videos on this channel, , they made over five million dollars with it , in just one single year using this strategy , It's pretty crazy but in total , they have made over W million dollars , from free Amazon traffic, , and I think this number , may actually be up to W million dollars now , And they have been very generous and have put together , a free limited time exclusive video training workshop , just for Wholesale Ted viewers 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'vie discussed before in this channel, , I'vie personally made a lot of money , by selling popular branded items , Although as I'vie described in my previous videos, , I did't do this by selling them on Amazon, , I sold these items in my own store , But as Dan and Eric , and their many successful students have shown, , you don't need to set up your own store , and get your own traffic, , you can just piggyback off of Amazon's free traffic , Now you might be thinking to yourself, that's awesome, , I get to sell real products with actual brands, , that's amazing , I'm gonna go out there and buy W iPhone's , because they're gonna sell like crazy , Calm down there, calm down , It dozen't work like that , And that it would be great, , would't it if you could just go out there , and buy W different Go Pros, right? , Because Go Pros have a huge amount of demand, , and people are always wanting to buy them , Unfortunately though billion dollar brands , like Go Pro, Apple, and Nike are very selective , on who they will actually sell their products to, , and they will usually only 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 W different Go Pros to resell , But like Dan and Eric do and their successful students, , you can take advantage of everyone's obsession , about wanting to sell billion dollar branded items , and turn their obsession into money for you , You see, what Dan and Eric do is they go to Amazon , and ignore billion dollar super popular brands , like Nike, Apple, and Go Pro, , and instead they browse through the items on Amazon , and find moderately popular products , like this one here, Nu ti Light , Now the chances are, , you'vie never heard about Nu ti Light before, why? , Because it's not a super popular brand , But you know what? , Lots and lots of people buy it every month , It may not be super popular but it is moderately popular , Check this out, if we come to 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,W units of it was sold, , which is over $W,W in sales for just one month , And so that is what Dan and Eric do , They look for these moderately popular products , because these products have way less seller competition , because most people don't think to sell them , And that is the secret to doing this business right , Most people fail at this business , because they can't figure out what to sell , so they just try and sell what everybody else is , which is super popular brands , If you want to do this business right, , then you want to be looking for 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 sellers that meet its criteria, , and that is that they are competitively priced , and they're fulfilling their items with Amazon , And as we can see, , there are only two sellers that meet this criteria, , and that is River Retail and Kid Cupboard , And so most of that $W,W , is only being split between two sellers , Of course if you were to start selling it as well, , then it would start to become split between three sellers , And so when Dan and Eric find a moderately popular , yet highly profitable branded product 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 getting their items shipped to them, , they'll have them shipped , directly to the Amazon Fulfillment 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 are already selling well , which removes the guesswork of 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 exclusive limited time workshop , that Dan and Eric are running , just for Wholesale Ted viewers and subscribers , And you will find the link to how you can join in on that , in the video description below , Amazon business number two, 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 like supermarkets, Walmart, Kmart , So you hit the places like that , and you take a look at the items on the shelves , and compare their prices to their price on Amazon , If you find an item priced lower, woo-oho! , (cash register ringing) You'vie got a hit! , When you'vie got a hit, , you then buy as many of the product as you can, , and then package the item up and ship it , into one of Amazon's Fulfillment 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 rare in the United States, , and that's quite expensive , Usually the best hits that 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 business model is not so passive , because of the fact that you need to be constantly , going to retail stores and sourcing products , and comparing their prices to the prices on Amazon , And so usually this business has a bit of an income cap, , and I find that for most people, , it sort of caps out at around $W,W a year , But I know through personal experience , that retail arbitrage can make for a great first business , because of the fact that just like with the first one, , you are just piggybacking and capitalizing off of products , that are already selling really well , As I'vie explained before on this channel, , retail arbitrage was my first ever business , Eventually though I realized that I wanted to find better, , more effective ways of sourcing products , which is how I discovered wholesale and drop shipping , If you'd like to find out more about what drop shipping is, , then you should be sure to download our free book, , the six steps that six-figure drop shipping stores , follow to make over $W,W a month, , and you will find a link , to how you can get this free book , in the video description below , Amazon business number three, March by Amazon , March by Amazon is simple, , it's print-on-demand for clothing like T-shirts , but with Amazon , If you don't know what print-on-demand is, , here is how it works , Companies like March by Amazon , will take artwork that you provide them , and put them onto items like T-shirts and hoodies , each time a customer buys one from you , So it means then that you 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 the customer as they buy them , Not only then does this massively lower your risk , because of the fact that you don't have to invest , into inventory in advance, , but it also massively lowers your startup cost as well , The clothing you create inside of March 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 March by Amazon , from a simple third party seller, , and if we check out its sales stats using Jungle Scout, , we can see that each month it's making over $4,W , USN't that crazy? , And this seller dozen't have to do much work at all , because Amazon handles most of the customer service, , they handle the printing, they handle the shipping , It means then that this is a super passive business , once you'vie found a winning design of course , So if you have a limited startup money, , then print-on-demand can be a fantastic business for you , which actually leads me to my next website , Website two, Betsy , I was talking to a friend who described Betsy , as the hipster online marketplace , And you know what? , That's actually pretty accurate , So like Amazon, Betsy is a website , that dozen't focus on selling their own items, , instead they allow third party sellers like you or I , to list our items and sell them on there to make money , Last year tens of billions of dollars were sold on Betsy , 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 Betsy apart from 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, , Betsy must approve them as ethical suppliers , Luckily Betsy has approved Prideful and Prettify, , two of the biggest print-on-demand businesses , as ethical suppliers, , making an Betsy print-on-demand business a great idea , Unfortunately though you could't sell this T-shirt , that I made and printed with Prideful , And that's because I bought , this artwork off of Shutter stock , And yes, I bought it using the Enhanced Image License, , giving me the right to reuse this product , for commercial purposes , But as we can see in Betsy's terms and conditions, , all artwork has to be original, , which means that either you need to make the designs , that you use for your print-on-demand products , that you list on Betsy , or that you get a graphic designer , to make original designs for you , and call them part of your team in your profile bio , But I don't think that those rules are hard to obey at all , Lot of print-on-demand based businesses like these on Betsy , follow the rules and gets to take advantage , of the tens of billions of dollars , being sold on Betsy each and every year , But full disclosure, , as I'vie explained in a previous very popular video , on Betsy and print-on-demand, , listing a product on Betsy costs W cents , and it will stay up on Betsy for four months , So there is a small upfront cost to using the site , but it's very very little , And unless you specifically pay for advertising, , you don't have to pay for any clicks , or any views to your product , So for me, it meets the definition of being free traffic , Of course I know for some of you out there, , you're very specific in what you consider to be free, , so if you disagree with my definition of free, , feel free to let me know in the comments section , Website three, Fiver , Fiver has absolutely revolutionized , the world of freelancing , On Fiver you sell freelancing gigs to other people, , usually other businesses , Most people know that Fiver , 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 even successfully making money , by creating free Google forms and surveys , And If you'vie never done that before, , well, trust me, creating a 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 all of my subscribers here , could make one just fine , I find that freelancing , is a great first business for a lot of people , because it's very easy to understand , Someone has a service that they need completed, , and you go and complete it for them in exchange for money , And people spend a lot of money on Fiver buying gigs , I know that I spend a lot of money on Fiver each year , In fact I purchased so many Fiver gigs , that I'm a part of a kind of secret , invitation only club Fiver has called Voids , which stands for Very Important Doers , Freelancing also has another secret benefit , for people starting out online , I get a lot of people asking if they can work for me, , and I know the real reason why they ask , It USN'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'vie Lent a lot from taking courses, , I'vie Lent a lot from reading books, , but the most that I'vie ever Lent , 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 a lot of competition on Fiver , because it's one of the biggest online marketplaces , for freelances to list their services, , and so sometimes it makes use , to go out there and research , alternative options, , which leads me to my next website , Website number four, Jungle Market , Jungle Market is a surprisingly little known , freelancing gig site from the 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 what one of the benefits are , of selling services directly 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 top selling gigs on the platform , They are charging $W just to add a video , to an Amazon listing , That's right , They're not even making the video, , they're just adding it into an Amazon product listing , which is incredibly simple to do , Like seriously when I saw this, it blew my mind , I mean you just have to go to YouTube and do a search , and you'll quickly find a video tutorial , that will teach you how to do this in five minutes , And the reason why a service so simple as this , can charge so much money , is because Jungle Market is the perfect example , of demand far exceeding supply , Amazon sellers want their own tailor-made freelancing gigs , but not many freelancers are offering them , And this is something , that the product manager over 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 still a growing marketplace , Like Fiver has two million users, , Up work has five million users , We'vie had a lot of freelancers right now, , there's a freelancer that has over W reviews, , he was one of the very first freelancers , to join the Jungle Scout Market, , and he has now been able to quit his full-time job , He left Fiver because the leads , were just like not nearly as high quality, , and it was just a race to the bottom on price , And now he basically dedicates his entire full time job , to the Jungle Scout Market helping Amazon sellers , I have another freelancer that is 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 Fiver or Up work, , the amount of time it would take , for them to grow their portfolios , and to get those reviews , and get the steady stream of clients could take years, , it could possibly never even happen , So just right now while the marketplace is still small , is the perfect time to join , - If you're curious about Jungle Market, , I'll have a link to it in the video description below , Please know that video description contains affiliate links , Here at Wholesale Ted, , all of our YouTube videos are free, , and affiliate links help us keep our videos free , Website five, YouTube , YouTube is an awesome website , to take advantage of for free traffic , because YouTube is one of the biggest websites in the world , There is an absurd amount of free 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 in tactical business niche , that we get absurd PMS for our advertising , If we convert W New Zealand dollars into USD, , that equals about $W , So if you'vie ever wondered , why there are so many new YouTube channels , popping up with regurgitated drop shipping videos, , this is a big reason , For most niches this is not the case at all , For most niches you get around $1 to $2 per CPM , which means cost per thousand views , So here is a YouTube video I really enjoyed , from one of my favorite channels , It's about video games , and it has around W,W views, , a pretty incredible feat, right? , Well, usually achieving something like this , in a channel that's about pop culture , will net you around W to $W, , and that's it , Getting W,W views is really hard, , so getting paid $W to $W as a reward for this , does not seem like a fair exchange , That is why usually the most lucrative YouTube channels , are built around selling products, , and as I'vie 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 to create a YouTube channel , where you create tutorials using software or apps , that, yes, have affiliate programs like Adobe products, , and yes, just like with the review channels, , you place your affiliate links in the video descriptions , Now while both these channels do work, , I'vie got to admit I'm a much bigger fan of the latter, , because like let's take this Go Pro Hero Black here , Usually people sell this , using the Amazon Affiliate Associate 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 Go Pro Hero Black, , you will make a whole $W per sale for a $W purchase , Now let's take Adobe products like Photo shop , The monthly subscriptions have a huge , W% commission on your first sale, , and even better their stock image program , pays out a one-time rate of $W , when someone successfully signs up , for a one-month subscription , which is incredible when you consider , that a one-month subscription , costs anywhere from $W to $W a month , Digital products have , far higher affiliate commissions , because of the fact , that their profit margins are much bigger , So keep that in mind when you are selecting , what type of YouTube channel you are going to create , Thanks for watching this video , And if it taught you something , and you're not a subscriber here at Wholesale Ted, , you should totally become one , because we are constantly releasing new videos , with actionable advice on how to build , a moneymaking online business , So be sure to click that Subscribe button , (bell dings) and then click the little , notification bell next to it , so that you don't miss out on any of our videos.
