About Online Selling Experiment...
Online Selling Experiment is a resource I created to help you learn practical ways to make money outside traditional employment.
I believe that the internet has made making money on your own and starting your own business easier than at any point in history.
There’s something very frustrating about this though – even though many people want to take advantage of this opportunity, they never do.
There are two main reasons for this…
- They spend all their time trying to “come up with a good idea.”
- They give up because they couldn’t come up with one.
While businesses like Uber and Airbnb are cool and stories of billion dollar paydays are tempting, the reality is most people who try to start businesses based on new ideas like this fail before they ever make a single penny.
So if you are serious about increasing your income or quitting your job, forget about coming up with the next big thing. Forget about being cool or new or different.
Focus on ways you can make money today, this weekend, this month, and this year instead.
You’ll notice that for beginners I talk a lot about flipping and arbitrage. These ideas may sound a lot less cool than being the CEO of an app – but you can go out and make money using these techniques this weekend.
And you can repeat the process over and over and over, earning as much as you need in the process, all on your own terms and work schedule.
This route is great for beginners because it allows you to learn how to value goods and services, and it also teaches you a very important skill: generating profit.
Once you know how to do that, you’ll not only be better positioned to launch into something bigger, you’ll also have the money to do so too.
That’s what I consider practical.
If this is something you can get behind, I encourage you to join the community by subscribing to Online Selling Experiment via email! I never send spam and my main goal is to add as much value as possible to your inbox.
If you’re new here, I recommend checking out the start here page or reading my most popular article, The Ultimate Beginner’s Guide To Selling On Amazon. I also offer a course on How to Make $1000+ Per Month Selling On Amazon.
My name is Ryan Grant.
I grew up in a small town in Minnesota and had a lot more experience on farms than I did with the internet. There was nothing about my upbringing that would have led people to believe I would eventually found a 7-figure online retail business.
I’m telling you this because I don’t want a lack of experience be what stops you from trying. My introduction to selling online was by chance. I didn’t like the offer I got for textbooks from a university bookstore buyback program and was convinced I could find someone willing to pay more.
When I turned out to be right, I did what I could to make money off that opportunity. That’s what led me to learn about arbitrage.
This was way back in 2008.
I continued to sell online through college, but eventually took a full-time job as an accountant after graduating. Like many people, I quickly grew frustrated with certain aspects of the job, so I decided put more effort into my business.
I eventually decided to quit to pursue selling online full time, and my last day of “regular” work was September 20, 2013.
At the time, I decided to write about my successes and failures via this blog, including the financial details. You can read my first financial results post from Oct 2013 here.
While I no longer publish the exact details of the business via the blog, I’m proud to say that we’re now well into the 7 figures in annual revenue and have been for several years with very strong annual growth.
The business even makes enough that I’m able to employ 8 people.
While the money is obviously great, the best part about my business is the freedom it provides me. I now control my own schedule and don’t have to be at work for as many hours as my employer says or be limited to a few weeks of vacation days per year.
I may not be a billionaire, but I have a real business that provides me with more money and freedom than my regular job ever could have.
I’ve also helped many others achieve similar results, and I hope you’re next.
Some cool places I've been featured:
Below you’ll find the answers to some of the most common questions I get. If you can’t find the answer you’re looking for, you can contact me directly.
If you are brand new to selling on Amazon, then I would recommend reading my blog post, How to Sell on Amazon – A Beginner’s Guide to Getting Started Selling on Amazon
If you know you want to start selling online, but you want help and guidance, I recommend my self-guided course Make Your First $1,000 Selling on Amazon. From setting up your seller account to finding profitable inventory to getting the right legal protection — it’s all there.
Here’s a couple other blog posts that should help:
What would I do with $1,000 and no prior knowledge of FBA?
10 Tips for Sellers Just Getting Started Selling on Amazon
All you really need to get started is a smartphone or computer, and then a printer for shipping labels. Outside of that, there’s not much else that is essential to getting started. When first getting started I always recommend putting as much money towards inventory as opposed to products or services.
As your business grows, I definitely recommend getting tools in place to help you with your business. You can see all of the tools and services I use to sell on Amazon HERE.
Many people are looking to get an idea of how much money can be made selling on Amazon. To get a better idea of this, I recommend reading through some of the results posts here on this blog.
My business currently does over 7 figures in sales per year, and we are nowhere close to maxing out how much can be made selling on Amazon.
I’m honored that you’ve asked. Please send me an email to ryan@onlinesellingexperiment, and we can see if it’s a good fit.
I offer several coaching options, check them out here: www.onlinesellingexperiment.com/coaching
I get many requests every week to promote different products and services. I only promote tools that I use personally and believe add value to other sellers. You are welcome to email me the details (firstname.lastname@example.org) but if it’s not something I end up personally using, I won’t be promoting it on this site.
I typically attend a limited number of conferences per year. If you are interested in having me speak at your event, please send an email with the details to me at email@example.com
- Amazon FBA Reimbursements
- How to get started selling on Amazon
- How to outsource your Amazon FBA Business
Or just about any topic that I have written about on this blog
Not unless you have my written permission. You are welcome to link to any article on my site, but you are not allowed to reprint or republish any of my content unless you get my permission.