Soooo, you’ll recall that last time we chatted we established that to live a brilliant life, for me at least, costs $574 a day (geez i’m cheap!) $574 being $209,600/365
How bout you, did you work out your daily figure?
If not do that now, here’s a quick calculator to do that with, fill in your yearly totals (educated guess is fine) and the calculator will do the rest:
Specifically how do I make $574 (or insert your number) a day with an online business?
Well we’ve seen already that $574 a day at 50 profit means I’d have to sell $1200 of products ($1200 x .5 = $600) and we’ve also seen that if i sell a product that costs $30 then I’d need to sell 40 products to be free.
That’s easy so far right?
OK, now “how the bloody hell are we going to sell 40 products a day”!
Easy my rambunctious friend 🙂
Amazon and Alibaba
Lets get some quick facts:
The average order value on Amazon in June of 2012 was $47.31. (remember we need $30 to win)
Amazon has 244 million shoppers
Sell anywhere in the world and Amazon will mail it for you
Alibaba is 3 times BIGGER than Amazon and has sales greater than Amazon and eBay combined
Alibaba owns 80% of online sales in China that is some serious domination!
Amazon ships 3 million packages a day, Alibaba ships 12 million
So as you can see if we want to sell 40 of anything a day then Amazon and Alibaba is the place to be.
Taken together they have 1.4 BILLION customers, that’s BILLION with a B mofo and if that doesn’t impress the shit out of you nothing will.
So to set yourself free we have to set up our stores on Amazon and Alibaba.
BUT woah there tiger hold your horses, what the hell are we going to sell?
For that you’ll have to read my next email