The Dark Side of Etsy: Counterfeit Mylar Bags & How I Beat Them
I started an Etsy shop that did $10,000 in TWO months, selling PLASTIC BAGS! That's crazy. What's crazier is the competition in the industry I entered! There were counterfeit products all around me! I was competing with shady actors everywhere. Watch as I expose the dark side of e-commerce platforms AND unveil a fantastic product with massive profit margins.
00:00 Introduction
01:26 The Discovery
01:52 The Research Says
02:13 CIA Report on Black Market
02:44 Mt First Order Arrived
03:17 The Numbers
03:28 Inventory Costs
03:40 The Listings
04:15 Shipping Costs
04:31 The Results
04:48 Regulatory Changes
04:59 Counterfeit Listings
05:10 Stealth Accounts: E-commerce
05:34 Things Get Darker
05:59 Experiment: Success
06:11 Businesses Market "Stealth Accounts"
06:22 Outro
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