• E-Commerce
    • eCommerce
    • Amazon FBA
    • Dropshipping
  • Marketing
    • Digital Marketing
    • Social Media
    • Email Marketing
  • Blogging
    • Blogging & Niche Websites
    • Artificial Intelligence
    • SEO
    • Monetization
    • Affiliate Marketing
  • Make Money
    • Side Hustles
    • Self Publishing
    • Start a Business
    • Make Money Online
  • Stories
    • Podcasts
    • Success Stories
  • Help & Guides
    • Start Here
    • Tools
    • About
    • Archives
    • Contact
    • Advertise On Niche Pursuits
Podcasts

How Clarence Cheang Built a $17k Per Month Amazon FBA Business Despite the Competition

<a class="txt-link" href="https://www.nichepursuits.com/author/spencerh/">Spencer Haws</a>

By Spencer Haws

Last updated: September 3, 2021

Play episodeDownload

When you buy something through one of the links on our site, we may earn an affiliate commission.

 

Today, I have Clarence Cheang on the podcast.  During this recording, he discusses how and why he got started selling on Amazon FBA.  He also has other projects online, including SpriceWorld.com.

I asked Clarence to share some of his background and how he got started in business.  You can listen to the entire episode or read what is covered below.

In the words of Clarence Cheang…

An hour a day is all it takes. And after numerous years, this hour a day has compounded to much. I grew up in Singapore and have a Bachelor’s Degree in Engineering. Like most people, I took a job in the corporate world after graduating and it didn’t take me long to realize that 40 years of sitting in an office for 40 hours per week with just 2-3 weeks of vacation time per year wasn’t going to cut it. I wanted a flexible lifestyle while making enough money, and online businesses were the answer. But don’t get me wrong,

I am focusing mainly on Amazon FBA as the primary business model, with niches websites coming in as a secondary model. I started Amazon FBA in Jan 2019 and dabbled with my first niche website (spriceworld.com) in Mid 2019.

I started Amazon FBA in Jan 2019. So it’s about 1.5 years now.

How successful is your business today?

Amazon FBA so far:


One of the affiliate statistics that is not Amazon Associates from Spriceworld.com earned from the 1st year.

What failure did you experience that perhaps made you doubt your future as an entrepreneur?

When I started out this entrepreneurial journey, I had to keep most of the journey very quietly to myself because my circle or group of friends just don’t get it. I tried talking about this to them and one of them even brought me to the back and gave me a friendly prep talk like “Are you sure you know what you are doing? You got a good job, why do you want to risk it all?” So what I can say is that this journey can be a very lonely one.

That’s really when I took this experience and decided that we need a community of entrepreneurs who eat, sleep breaths the same kind of stuff that we need to grow our businesses. So the online communities have really been a great help and encouragement to people like me who just needed to hear and see other people achieving great stuff or just sharing their troubles along the way.

What are 1 or 2 strategies that have made your business successful? 

An hour a day is all it takes. If you were to distill my journey, this is probably the biggest takeaway you can get. No matter how tired I get after my day job, I will commit one hour on my online businesses and let the power of compounding take over. This holds true for Amazon FBA, creating niche websites etc.

Tell us why you think your Amazon FBA business has been successful – what strategies have you used to make it successful?

I think many people mistakenly think that Amazon FBA is just about finding good products and selling them. Yes, you can make some money with that, but the long term success comes from you building an actual brand that customers are loyal to. Amazon FBA have made this very possible for anyone anywhere in the world.

The basic strategies that I have strictly followed are as follows:
Validate Product Demand via research
Find a pain point of the market
Differentiation of the product based on the pain point
Get Brand Registry ASAP
Utilize all kinds of Amazon PPC advertising campaigns (Sponsored Product, Sponsored Brand Videos, Display Ads for Products & Audience)

Where do you hope to take your business in the future?

I really hope to grow the Amazon FBA business by adding more SKUs to my product line through variation. It takes time but I am certain I can get there.

As for the niche websites, I will continue to grow spriceworld into an authority website for Amazon FBA sellers. At the same time, I think I am ready to start a brand new niche website based on Amazon Associates as the primary income. (Was inspired by OwnTheYard.com to pursue this) Who knows, it may even help my Amazon FBA products sell more through the niche website.

What advice do you have for someone interested in getting started on Amazon FBA?

Amazon FBA is a knowledge business. I say that because you will need to know what you are doing to do it well. Invest in your own education from good courses and coaches, spend time learning the ropes via Youtube and join a community ASAP.

These are what I wished I had known before I started Amazon FBA.

Play episodeDownload

Posted in

Podcasts
<a class="txt-link" href="https://www.nichepursuits.com/author/spencerh/">Spencer Haws</a>

By Spencer Haws

Spencer Haws is the founder of NichePursuits.com. After getting a degree in Business Finance from BYU (2002) and an MBA from ASU (2007) he worked for 8 years in Business Banking and Finance at both Merril Lynch and Wells Fargo Bank.

While consulting with other small business owners as a business banker, Spencer finally had the desire to start his own business. He successfully built a portfolio of niche sites using SEO and online marketing that allowed him to quit his job in 2011. Since then he’s been involved in dozens of online business ventures including: creating and exiting Long Tail Pro, running an Amazon FBA business for over 3 years and selling that business, founding LinkWhisper.com, and co-founding MotionInvest.com. You can learn more about Spencer here.

Want to learn step-by-step how I built my Niche Site Empire up to a full-time income?

 

Yes! I Love to Learn

Learn How I Built My Niche Site Empire to a Full-time Income

  • How to Pick the Right Keywords at the START, and avoid the losers
  • How to Scale and Outsource 90% of the Work, Allowing Your Empire to GROW Without You
  • How to Build a Site That Gets REAL TRAFFIC FROM GOOGLE (every. single. day.)
  • Subscribe to the Niche Pursuits Newsletter delivered with value 3X per week

 

    My top recommendations

     

    How 7 Niche Site Owners Are Using Link Whisper To Grow Their Sites

    By Dan Morris

    Surfer SEO review.

    Surfer SEO Review: Is It the Best All-In-One On Page SEO Solution?

    By Eric Burns

    RankIQ review.

    RankIQ Review: Is This AI SEO Toolset Worth Your Time and Money?

    By Amy Derungs

    jasper ai review.

    Jasper AI Review (Formerly Jarvis AI): Is It Still The Best AI Writing Assistant?

    By Dan Morris

    Content Pit Review: Is it Possible to Find Fast, Inexpensive, and High Quality Content?

    By Brady Cargle

    Want to learn step-by-step how I built my Niche Site Empire up to a full-time income?

     

    Yes! I Love to Learn

    Latest articles

     

    Podcasts

    This Week in Niche Pursuits News: What Jobs Will AI Replace? Google Releases Bard! 3 Weird Niche Sites.

    By Spencer Haws

    Success Stories

    How Louie Lovoy Averages +$6k/Month From The Niche Site He Acquired

    By Samara Kamenecka

    rebaid review.

    Make Money Online

    Rebaid Review: Can You Really Make Good Cashback While You Shop?

    By Katie Lamb

    testimonial pages.

    Digital Marketing

    19 Customer Testimonial Pages and What Makes Them Powerful

    By Julia Jenkins

    how to make 5k a month.

    Make Money Online

    How to Make 5K a Month: 10 Easy Ways to Make More Money

    By Ashley Simpson

    websites for memes.

    Digital Marketing

    11 Best Websites For Memes on the Internet

    By Rachel Dennis

    View All Articles

    Ready to find your niche?

    I would love to learn about…

     

    Subscribe

    Join Over 67,000 People Like You!

    Learn how to build a business online

     

    • We will never spam or sell your information.
    • This field is for validation purposes and should be left unchanged.

    • Privacy Policy
    • Terms of Use
    • Cookie Policy

    © 2023 Niche Pursuits

    • Earnings Disclaimer
    • Amazon FBA
    • Crafted by Fhoke

    Niche Pursuits is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.