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Top related persons:
Sahaj Dhingra - 3 Dhingra - 3 — - 2 Jatin Naran - 1 Jatin Naran Jatin Naran - 1 Naran - 1 Fu - 1 Shan - 1
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Dhingra College London America Virginia
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Business - 4 Costco - 4 Amazon - 4 Walmart - 3 Service - 2 Virginia Commonwealth University - 2 VCU - 2 Google - 1

Search resuls for: "Sahaj Dhingra"


4 mentions found


☆ 3 Amazon sellers who got started with less than $5,000 share the strategies they used to scale from zero sales to six-figures
  + stars: | 2024-01-13 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +8 min
If you're looking for an extra income stream, selling products online is one option. Courtesy of Sahaj DhingraDuring the summer between his sophomore and junior years of college, Sahaj Dhingra did $100,000 worth of Amazon sales in three and a half months. One strategy he implemented about a month after launching helped him scale quickly: He started listing products before buying the inventory. Shan Shan Fu used Etsy as a testing ground for what would sell best on AmazonShan Shan Fu, founder of Millennials In Motion. Courtesy of Shan Shan FuShan Shan Fu sold enough socks and tights on Amazon that she felt comfortable leaving corporate America to work for herself.
Persons: Sahaj Dhingra, Jatin Naran, Jatin Naran Jatin Naran, Naran, Fu, Shan, Shan Fu Organizations: Business, Costco, Amazon, Google, Millennials Locations: College, Dhingra, London, America
☆ A Gen Z-er did six-figures in Amazon sales on a $3,000 budget using retail arbitrage. He explains how he's shifting his e-commerce strategy to create a more sustainable and passive income stream.
  + stars: | 2024-01-10 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +6 min
"There's a low barrier to entry," the 20-year-old told Business Insider of the main reason he started with retail arbitrage. The trade-off is that retail arbitrage is a time-intensive strategy. Like arbitrage, you're buying and reselling an existing product; but you're buying in bulk, meaning you're spending more money upfront on inventory. Starting a private label brand is going to require the most upfront investment, both in terms of your time and money. Comparatively, with retail arbitrage, "I'm handling everything," he said.
Persons: —, Sahaj Dhingra, Dhingra, you've, He's Organizations: Service, Costco, Walmart, Amazon, Business, Virginia Commonwealth University, VCU
☆ A 20-year-old brought in $100,000 in 4 months reselling Costco goods on Amazon. He explains the metrics he looks at to select profitable products.
  + stars: | 2024-01-07 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +6 min
Most of the products Dhingra resells fall under the grocery category, like sparkling water, soda, energy drinks, and protein shakes. To find profitable products, he considers two specific metrics. That's why Dhingra is looking for profitable products; he wants something that has "some fluff around the margins," he said. AdvertisementBSR scores and demand evolve, so he's always on the hunt for profitable products. That's why he always likes to have some capital set aside in case he discovers a new, profitable product.
Persons: —, Dhingra, he's Organizations: Service, Costco, Walmart, Business, Amazon
☆ A 20-year-old college student brought in $125,000 in 7 months doing retail arbitrage on Amazon. He explains how he got started with $3,000 upfront.
  + stars: | 2024-01-05 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +10 min
Low-risk retail arbitrage is time-intensive, however. He had a few summer vacation months ahead: the perfect opportunity to scale a retail arbitrage operation. With FBA, he wouldn't have been able to list products until Amazon received them, which would have killed his strategy of listing products before purchasing inventory. Dhingra, now 20, is in his junior year at VCU and focused on other entrepreneurial projects since retail arbitrage requires so much time. He has reinvested 100% of his profits back into the arbitrage business, he said: "I haven't taken a single disbursement from my business checking.
Persons: Sahaj Dhingra, Dhingra, it's, Perrier, Nestlé, it'll, wouldn't, He'd Organizations: YouTube, Amazon, Costco, Walmart, Business, Virginia Commonwealth University, VCU, UPS, USPS Locations: Virginia, Dhingra
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