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Luu Nguyen
- Ecom Entrepreneur
- $150,000 monthly revenue
A recent interview on YouTube with Luu Nguyen…
Luu is based in Houston, Texas and started an Amazon FBA business three years ago while still in medical school.
Now…
with my store, I’m currently doing 150k a month.
Luu is a partner in five other Amazon stores, and says the minimum net profit margin they aim for is 8%.
So his main store should be earning him at least $12K profit per month.
Luu started with only $800, raised by donating plasma.
He focused on retail arbitrage to start: buying goods in physical stores then reselling them online for a profit.
Later he started doing online arbitrage (buying and reselling online) and wholesale (buying in bulk from wholesale suppliers).
Sounds like Proven Amazon Course (aff link, reviewed here) was a key resource for Luu.