How can I start a private label business on Amazon with $2500 to invest?

saminni

New member
would say it is possible. I did it my self, starting out with only $700 for products and shipping, the payment I received was $1800, with only 250 units.
The important thing is to find probably one product to start with and that will take probably up to 2 weeks of research on Amazon. You need to see if the product sells, if it has a lot of competition and if the competition has a lot of reviews on the listing.
Then you need to research for manufacturers that can supply you with the product. Alibaba is probably the place you need to go and search on. You have to be patient and not take the first offer you receive, but find more suppliers and compare the minimum order quantity and price. I spent almost a full week staying up all night to chat with the chinese manufacturers before I found the right one.
When you have found everything, do not go for the shipping price the manufacturer gives you, try to look for other shipping companies that actually can get your products from the manufacturer for free, label the products and inspect them for a small fee. This will help you keep the price down.
I hope you find your product and niche, be careful with a large order, you will never be sure if the product sells good or not so start small and reorder once you see that the sales go through the roof!
🙂

Good luck my friend!
 
Two tips from my personal experience:
1: never hire a shipping company if you don't know them or didn't work with them before.
2: You dont need to stay up all night as chinese time is 4 hours ahead of us😁
 
Thats correct main profit lies in sourcing, it seems easy but need more patience and strategy to find the good suppliers.
 
Quick Tip: Make your search volume under 7000 , you will definitely get something where you will make around 1500 in net profits.
 
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