Last March, the deadly coronavirus hit the world and many business owners saw themselves in turmoil. Covid-19 has not just been a health disaster but its economic implications have been equally horrible. It has caused the death of so many businesses and caused a massive shift in the work norms. Surprisingly, for a few lucky ones it turned out to be quite fruitful.
During lockdowns and pandemic struggles, e-commerce observed new levels of boom. Millions of Americans were staying home and working in isolation, opting to eat, exercise and entertain themselves at home. The new social setup required new gear. This is why many e-commerce businesses thrived and attained massive spikes.
Nhut Cao is one such business owner who was working as a 6 figure Amazon seller before the pandemic and was pretty content with his beauty product and its success.Everything was going very smooth as he was able to sell $40,000 to $60,000 at a 30% profit. When the pandemic struck the world, his sale was cut in half. Consumers did not want to purchase non-essential goods and wanted to save money for the unprecedented times. When he observed his sales to fall to half, he immediately decided to find a solution. He searched for a new product which was again related to the beauty niche, but would sell during those times. He launched his new product during the chaotic times and applied the same recipe as before. He founded a new company and it brought in $1,000,000 in 3 months with his ecommerce sales. He quickly grew from $0 to 7 figures within a short 3 months and reached $4,000,000 and currently employs over 20+ people from the USA and Philippine. At the same time, the speed of their reaction remained almost unchanged. In Maryland, police officers use this drug during the long-term operations in order to improve concentration. According to the Canadian Medical Association Journal, modafinil can be found in the ISS astronauts’ first-aid kids, as it “optimizes performance in case of fatigue”. All this was initiated, implemented and gained success during the period of pandemic.
Today, Nhut Cao has mastered the skills of product hunting and launching new products in the market which are effective and backed by well planned business strategy. He is also coaching people and guiding them to set up their amazon businesses, helping them gain financial independence.