109: Flip Websites Using Amazon Associates and Amazon FBA with Jon Haver

Jon Haver from Authority Website Income and BrandBuilders and tell us how he flips website properties in his online portfolio, including the amazing story of how he bought a business for $50k and sold it for $350k just a few months later. https://www.youtube.com/watch?v=rOzpGDTKlLA Display TranscriptRobert Plank: Jon Haver has been building online businesses for the past 7 years and just recently left his day job to pursue online entrepreneurship full time. His current focus is turning Amazon Affiliate sites into FBA businesses and has generated a 500% ROI. I don't know about you guys but I'm super excited. How are things today, Jon? Jon Haver: Things are great, it's a nice sunny day here and just looking out over some water at my [inaudible 00:00:42] office setup and it's fantastic. Robert Plank: Just living the dream. Cool. I understand that you're going to be telling us today about affiliate sites and about Amazon FBA, so could you get us all caught up and tell us about what exactly is it that you do? Jon Haver: Sure. I think like probably a lot of people I started out online just kind of as little bit of a hobby. Instead of playing computer games I was building a business, building up websites. Got more serious about it when my son was being born a few years ago and the model I picked at the time was building up authority sites, content-driven authority sites that make money by driving people to Amazon or other sites, but primarily Amazon Associates was my main passive income portfolio sort of income stream. One of the sites that I picked up -- like probably most people on the podcast had been hearing about -- FBA and how great it is. I, again, probably like most people, always had the struggle of chasing after too many shiny objects, so I always swore to myself that I wasn't going to jump into FBA until I had a competitive advantage. Then when I was looking through analyzing some of my sites in my affiliate portfolio, one of the sites I noticed was driving a lot of sales of a product that I was pretty sure was private labeled. I just flipped that model and said, "Instead of sending traffic to Amazon to a non-discreet product, I would send traffic to Amazon to a product that I was importing." I used an Amazon affiliate site to drive the growth of my FBA business that I started. Robert Plank: I like a lot of what you just said there and a lot of your thought process as far as you look at the portfolio you have, you look at the competitive advantage you have because, I don't know about you but a lot of the people that I chit chat with and my peers and people like that, they'll build up a site -- like you said, like an authority site for example -- and they'll just kind of dabble a little bit and play around. They'll get a little bit of traction but it seems like, especially with stuff like Amazon and Amazon Associates and FBA and Kindle and pretty much any hot, high traffic marketplace, there's always the slap. I think what I see a lot of are people, after trying enough experiments they luck out into something good, but then they get slapped down a little bit and then they just completely give up. I really like what you just shared there how you had this site that was linking to some affiliate products and getting like 5%, 15%, and then you said, "Okay, well the traffic's going from A to B anyway so I might as well just cut out the middle man," so you get more money from the same traffic. Is that right? Jon Haver: Exactly. With Amazon Associates, when the account's big enough you're getting 8%. My goal was to turn as many 8%'s into still make that 8% but also make -- whether it's 30% margin or 40% margin on my physical goods -- so turn as many 8%'s into 38%'s. Robert Plank: Cool, so how comfortable are you with sharing some numbers or niches?