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This might be for you if you want to make a little money to help you pay off some of your debt faster, or if you’re attempting to build an emergency fund.
Perhaps you just wish to increase the size of your savings account because you enjoy having more money. Flipping a product or item – purchasing low and selling high – could help you accomplish your financial objectives.
Passive Product Flipping – like most Amazon FBA programs – wants you to believe you can build and run a successful e-commerce business that’s automated, profitable, and generates cash around the clock in less than 90 days…
With just a couple hundred dollars in inventory…
Sounds a little too good to be true, huh?
Look, as far as most online businesses go, you could do a lot worse than Amazon FBA.
But does that mean it’s the best solution for you?
That’s what we’ll find out in this Passive Product Flipping review.
The biggest things you have to consider here are:
- Inventory Management
- Product Selection
- Time to Profit
While you can make good money with Amazon FBA, it’s not as easy or simple as most course creators make it sound. Let’s break these 3 down real fast:
1) Inventory Management: If you’re doing an FBA business, the promise is that you don’t need to worry at all about inventory, because Amazon takes care of packing, shipping, customer service, etc.
However, you still need to get products to Amazon. And Amazon has very strict rules all sellers have to follow when preparing products for their warehouses.
This includes packaging, labeling, and registering products in their system. If you’re preparing all products yourself, you’ll spend a TON of time on this step (potentially 4-5 hours a day). So if you’re looking for a passive, automated business that runs itself, this might not be the best fit.
Now, yes, you can hire an Amazon prep center to do all this for you, but that eats into your margins. And remember that Amazon takes around 30-40% in fees for using the FBA program, so your profits are pretty tight to begin with.
2) Product Selection: E-commerce is a cyclical business. “Hot” products are always going in and out of fashion, which means, as an Amazon seller, you constantly need to be on the lookout for the next big thing.
That means monitoring trends, searching for products that might be popular down the line, and constantly in a rat race to – essentially – predict the future.
Sure, you can play in the evergreen market (things people always need and buy), but how much profit margin are you really going to get on meal prep containers, rubber spatulas, and golf umbrellas? Especially when there are hundreds of thousands of other sellers all swimming in that same ocean.
And because you’re constantly hunting for new hot products to sell, that takes up all the valuable time you could be using to travel, explore, read, surf, hike, or whatever else.
3) Time To Profit: Now, this isn’t the slowest turnaround time, but if you think you can put a dollar into inventory today and come out with two tomorrow, you’re sadly mistaken. From the time you first buy products to sell, you could be looking at anywhere from 4-12 weeks before you see a dollar come back.
And it could take twice as long before you break even.
Now, that’s not terrible, but what if you could start building a different (non-Amazon) income stream today, and see your first profits tomorrow?
What if you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Low margins
- Constantly looking for the next hot product
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day packing, prepping, and researching?
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is nothing like Amazon FBA, and that’s probably a good thing.
However, if you’d still like to know more about Passive Product Flipping, keep reading.
What Is Flipping?
Is flipping a new concept to you? Don’t worry; we’ll walk you through everything.
In other words, flipping is the act of reselling a product for a profit above the price at which it was initially offered for sale. If you’re a viewer of HGTV, you’re probably familiar with the concept of “house flipping,“ in which a real estate investor buys a house, makes improvements, and then sells it.
However, flipping isn’t limited to real estate. You can also make money by reselling stuff you already own or get for a low price if you do some research and choose the proper marketplace.
Passive Product Flipping
“If you’ve never heard of passive product flipping, you’re missing out on a massive opportunity,” says FBA Masterclass founder Tom Wang. As you can see, many people are looking for a way to make extra cash by actively flipping products.
As a result, they buy low-priced goods and then sell them for a profit on sites like eBay and Craigslist, but they need to keep looking for more deals and new products to offer. As a result, your money will cease to come in as soon as you quit working.”
As an alternative, passive product flipping can help you earn semi-passive revenue. Because selecting and purchasing things and shipping them to an Amazon warehouse means you don’t have to do any of the hard liftings yourself; Amazon will take care of the rest.
Many consumers mistakenly believe that to ship things sold on Amazon, you must store them at home and personally transport them to the post office. “However, that’s completely incorrect.”
Fulfillment By Amazon
According to Tom Wang, Fulfillment by Amazon (FBA) eliminates the need for sellers to handle or view the things they’re selling. Instead, you send them directly to Amazon from your supplier, who then stores, packs, and delivers each item on your behalf.
When the system is up and running, no matter what you’re doing, whether you’re eating or watching a movie or even asleep, you’ll be able to passively earn money. This also lessens the shipping costs, and you save money from this flipping business.
If you believe this sounds too wonderful to be true, Tom assures you that it is, in fact, real. Customers who have learned how to use Amazon’s FBA program account for more than half of the company’s revenues.
Sdara Skincare of Tom Wang
Sdara Skincare is a private label beauty brand Tom founded and scaled on Amazon before selling it for multiple seven-figure sums several years ago.
“Now I know many experts are telling you how to dropship or sell on Amazon,” Tom explains. Although most of them have never even attempted it themselves,” he adds. In contrast, I’ve been there, done that, and now I want to assist others in accomplishing the same. I’ve helped many people succeed on Amazon with my Master’s FBA system. Amazon FBA sellers worldwide can join our community, which has more than 5,000 members.
To help you get started selling your products on Amazon, I’ve put together a 15-minute training that answers all of your questions, and it’s completely free. What you’ll learn about Amazon will include how to get started, how much money you’ll need, identify decent products and suppliers, and ship your products to Amazon. As the last step, I’ll be happy to set you up with a one-on-one coaching session with a member of my team. In which case, no worries.”
What Are My Thoughts About This?
It’s funny how the people who run ads to sell their courses come up with a hook (rank and bank this, digital billboard ads that), run it until their cost per lead starts creeping up, then piece together a new ad with a unique hook (i.e., passive product flipping) that maybe they borrowed from a competitor (weren’t Abdul and Chance from Modern Millionaire running a “lead flipping” ad not too long ago?). So I’m not a fan.
Who Is Tom Wang?
It’s no secret that Tom Wang sells much stuff on Amazon.
He started FBA Masterclass, an Amazon coaching company, to teach individuals how to make money selling a single product on Amazon.
Before immigrating to Canada in 2001, Tom Wang was born and raised in China.
Before starting his Amazon business, Tom was an account manager at a Yellow Pages contact center, where he gained a few hundred dollars.
Tom’s first product was sold on Amazon in 2017. Because he didn’t know how to sell products on Amazon effectively, his first two products were a failure.
The third time’s a charm for him on Amazon. It is Tom’s allegation that his Amazon sales total over $5 million.
With Tom Wang’s Amazon FBA Masterclass, customers may learn Tom’s single product profit approach for selling on Amazon in 2019.
Tom promises that he can teach you how to make millions in a couple of months if you follow his instructions. He also gives some passive income ideas for you to have extra money and use the Facebook marketplace as a platform for you in selling products.
He also claims that he will show you to increase the resale value of the items to flip.
Selling on Amazon may not be lucrative for Tom Wang. The FBA Masterclass is clearly paying off handsomely for him.
Some Passive Income Ideas
Given that Home Depot’s website is one of the top ten most popular retail sites globally, it should come as no surprise that power tools, yard equipment, and other home improvement products are among the greatest items to flip, according to Tom.
Begin by looking through thrift stores and garage sales for drills, lawnmowers, circular saws, power washers, and other similar goods. After obtaining them, you may sell them online through sites such as eBay or locally through sites such as Craigslist or Facebook Marketplace.
On eBay, reselling or flipping is highly popular. Selling on eBay may provide you with the benefits of security, free traffic, and competitive pricing for your products. Keep in mind that eBay charges $0.35 for each listing after the first 50 free listings per month and a final value fee ranging from 5% to 12%, depending on the type of product.
Garage Sale (Offline) When you have many small items to sell, a yard sale or a good old-fashioned garage sale is typically the best option.
You may also make money by reselling products you already own or can acquire cheaply if you do your study on the finest things to flip for money (and choose the proper marketplace). If you’re interested in flipping items, you’ll be relieved to know that there are plenty of secondhand buyers.
However, if you reside in a commuter-heavy area, selling cars could earn a higher income. Whatever vehicle you choose, understand your state’s auto selling regulations and learn how to protect yourself as a private seller.
Whether you want to browse estate sales, thrift stores, internet platforms, flea markets, or your personal cache of secondhand items, you’ll find something you can flip for a profit.
Platforms Where You Can Flip Items
Many people are turning to flip as a way to supplement their incomes. Quite a few people make a tidy profit by selling items they’ve found for a discount.
Today, there are more platforms to sell on, more money-making tools to price and sell your stuff, and more sites to purchase items you can then sell on.
Personal Capital is a free service that allows you to monitor your cash flow and revenue. You can use this to keep an eye on your net worth and make sure you’re investing your money wisely, even if it’s just a few dollars.
Before buying and reselling an item, consider using Honey to gauge its value. Using this information, you will be able to better evaluate your product’s market value based on online discounts. The use of Honey is entirely free of charge.
Is Passive Product Flipping A Scam?
So, is Passive Product Flipping a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Tom Wang makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (recurring revenue)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike with Amazon FBA, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives to Passive Product Flipping?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
What Is My Top Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With Amazon FBA, you don’t really own anything. Yes, you technically own the products before you send them into an Amazon warehouse, but that’s it.
You don’t own the sales platform, you don’t own a brand, and you don’t own the customers.
Not to mention, Amazon can literally shut you down at any time if they believe you’ve violated their constantly changing terms of service.
So you’re building a business that could be completely taken away from you in the blink of an eye.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: As mentioned above, spending 4-5 hours a day prepping and packing products to send to Amazon is a huge time commitment.
Plus, you constantly need to be buying new products if you want to maintain your business. You need to spend even more money if you want to scale up.
With physical products, you’ll always have limits on your time and freedom.
With Digital Real Estate, a 100% online business, you never have to worry about that.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with Amazon FBA, you’d have to double your inventory OR your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. Amazon FBA is a decent way to make yourself money, but it doesn’t improve anyone else’s lives.
After all, there’s always someone else selling rubber spatulas and umbrellas. That might be fine in the short term, but in the long run you may feel like you’re missing a purpose.
With Digital Real Estate though, you’re actually helping people by solving your clients’ biggest problem…
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Passive Product Flipping which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.