The video is about a challenge to turn a side hustle into a $5,000/month passive income in 90 days by making review videos of products on Amazon.
This video by
Buildapreneur was published on Dec 7, 2022. Video length: 13:31.
The video is about a side hustle challenge where the creator aims to turn their passive income of $50 a day into $5,000 a month in 60 days.
The side hustle involves making review videos of products on Amazon and earning commissions from sales generated through those videos. The creator explains their strategy of finding products with a high number of recent ratings, low competition from other videos, high prices, and the presence of videos on the product page.
They also mention the challenge of purchasing products to review without wasting money on items that don't work out.
The challenge is to turn a side hustle into a $5,000/month passive income in 90 days.
The side hustle involves making review videos of products on Amazon.
The goal is to make money through affiliate commissions from the sales generated by the review videos.
The initial passive income was $50 a day, and the aim is to increase it to $5,000 a month.
The challenge requires finding products on Amazon to review and focusing on high-priced products with recent ratings and few competing videos.
Looking for products with a lot of ratings and recent ratings.
Checking the number of videos already available for a product.
Zero to $5,000/Month Side Hustle Challenge (90 Days) - YouTube Overview of the Side Hustle Challenge The challenge is to turn a side hustle into a $5,000/month passive income in 90 days. The side hustle involves making review videos of products on Amazon. The goal is to make money through affiliate commissions from the sales generated by the review videos. The initial passive income was $50 a day, and the aim is to increase it to $5,000 a month. The challenge requires finding products on Amazon to review and focusing on high-priced products with recent ratings and few competing videos. Finding Products to Review Looking for products with a lot of ratings and recent ratings. Checking the number of videos already available for a product. Considering the price of the product and focusing on high-priced items. Avoiding products with zero videos, as Amazon may not be showing videos for those products. Spending time searching through different categories on Amazon to find suitable products. Challenges in Scaling the Business Initially, the review videos were made using products already owned, but to scale the business, more products need to be purchased. The challenge is to find products on Amazon that are likely to generate a profit after making a review video. Purchasing products that may not work out could result in spending money without making any profit. Looking for low-hanging fruit and opportunities to minimize risks and maximize profits. Considering factors such as ratings, recent ratings, competing videos, and price when selecting products to review. Zero to $5,000/Month Side Hustle Challenge (90 Days) - YouTube Importance of Review Videos on Amazon Review videos on Amazon provide helpful information to potential buyers. Watching review videos can answer questions and provide insights that may not be mentioned in the product's marketing material. If a viewer decides to buy a product after watching a review video, the creator of that video earns a commission from the sale. Review videos can help increase sales for products and provide an opportunity for creators to earn passive income through affiliate commissions. Creating better videos and targeting products with fewer competing videos can increase the chances of ranking higher and generating more commissions. Identifying the lowest hanging fruit Checking the sales rank of products on Amazon to determine their popularity. Choosing products that have a high sales rank to ensure they are in demand. Considering the commission rates for different product categories. Focusing on products with higher commission rates to maximize earnings. Buying random products to test and review. Filming the review videos Purchasing 10 random products to review, including a juicer and a cell phone holder. Setting up a filming area with good lighting and a background. Using a cell phone holder to film hands-only shots without showing the face. Realizing that some products are too big to film hands-only shots and may require showing the face. Feeling excited and like a kid in a candy store while buying and opening the products. Testing the method Filming and editing 10 review videos to see if the method is effective. Realizing that some products require assembly, which can be time-consuming. Planning to focus on purchasing products with a minimum setup time of 30 minutes in the future. Feeling unsure if the method will work or if money was wasted on unnecessary products. Getting the videos live and waiting to see the results. Results and success on Prime Day Seeing a significant boost in clicks and views after the videos went live. Noticing that the daily clicks have doubled and reached a new floor of 200 clicks. Realizing that some product categories have higher commission rates, making it easier to break even and start making money. Feeling confident that the method is working and will lead to passive income. Discovering that Prime Day resulted in a substantial increase in earnings, making nearly $150 in two days. Opportunity to Receive Free Products and Payment The speaker received messages from Chinese sellers offering to send him products for free and pay him to make review videos. He was offered 20 products a month and would receive commissions from product sales. He received another message from a marketing specialist offering a collaboration with hundreds of products. These people were giving him products for free and some were even paying him to make videos. All he had to do was make a video and post it on his Amazon profile. This confirmed to him that it is possible to make money by reinvesting what you make and buying the right-priced products. Final Update: Earnings and Growth In the last 30 days, the speaker's videos received 42,000 views. His earnings in the last 7 days were $2,500. This means his side hustle is now a $10,000 a month business. Each 7-day period showed continual growth in earnings. The biggest day he had was $686 with 1,200 clicks on products. The speaker believes in the opportunity and plans to continue growing his side hustle into a full-time passive income business.
Watch the video on YouTube:
Zero to $5,000/Month Side Hustle Challenge (90 Days) - YouTube