This is exactly how to start and scale a profitable FBA business in the next 90 days selling high-quality name-brand products bought at a discount from your favorite online retailers.
This is done via 7 steps:
This is done via 7 steps:
1. Set Up
Don’t overcomplicate this, head to seller central dot Amazon dot com and create an account.
Amazon does not require an LLC, it costs $40/mo for a professional account.
Don’t overcomplicate this, head to seller central dot Amazon dot com and create an account.
Amazon does not require an LLC, it costs $40/mo for a professional account.
2. Ungating
Amazon requires newer sellers to get approved to sell most big-name brands and categories.
This is done by getting an invoice of 10+ units of a specific brand or category from a reputable retailer.
Kohl’s, Walmart, Target, etc.
Amazon requires newer sellers to get approved to sell most big-name brands and categories.
This is done by getting an invoice of 10+ units of a specific brand or category from a reputable retailer.
Kohl’s, Walmart, Target, etc.
3. Finding your first winning products
I recommend using our tool @selleramp for both retail arbitrage sourcing (I found a bunch of products at Marshall's today) as well as the reverse sourcing method for online arbitrage
I recommend using our tool @selleramp for both retail arbitrage sourcing (I found a bunch of products at Marshall's today) as well as the reverse sourcing method for online arbitrage
@SellerAmp I have lots of tutorials on YouTube showing you exactly how to find lots of winning items.
Keep it simple and use Keepa + SellerAmp to keep costs low and your operation lean.
Keep it simple and use Keepa + SellerAmp to keep costs low and your operation lean.
@SellerAmp Pro Tip:
Finding coupons is the key to making products profitable.
Get Rakuten, Top Cashback, BeFrugal, and Capital One shopping (All free) to help with this.
Finding coupons is the key to making products profitable.
Get Rakuten, Top Cashback, BeFrugal, and Capital One shopping (All free) to help with this.
@SellerAmp 4. Sending products to Amazon
You need a few basic supplies, Amazon tells you where your inventory is headed, and what products to box together and such.
This part is easy, but many new sellers procrastinate it.
You need a few basic supplies, Amazon tells you where your inventory is headed, and what products to box together and such.
This part is easy, but many new sellers procrastinate it.
@SellerAmp 5. Building a catalog
As you scale, all you need to do is find more winning products and get more of your current items.
Over time this gets easier and easier.
As you scale, all you need to do is find more winning products and get more of your current items.
Over time this gets easier and easier.
@SellerAmp 6. Delegating to scale.
Delegation = the key to scale.
Two popular ways to delegate in your Amazon business are prep centers and virtual assistants.
Delegation = the key to scale.
Two popular ways to delegate in your Amazon business are prep centers and virtual assistants.
@SellerAmp Prep Center = Third-party warehouse services that intake your inventory and process it to Amazon for you.
This is how I can run my 7-figure operation from Miami.
This is how I can run my 7-figure operation from Miami.
@SellerAmp Virtual Assistants = Virtual and affordable employees that can offload computer-based work for $3-10/hr.
I love online jobs PH for hiring qualified VAs.
I love online jobs PH for hiring qualified VAs.
@SellerAmp 7. Maximizing Q4
Q4 is right around the corner.
Demand and prices go through the roof so its necessary to prepare.
I did over $492,000 in 30 days last December.
Q4 is right around the corner.
Demand and prices go through the roof so its necessary to prepare.
I did over $492,000 in 30 days last December.
@SellerAmp Prepare for Q4 the best way:
Building a spreadsheet of Q4 leads with SellerAmp
Checking your favorite sites Black Friday week for all their best deals
Loading up on merchant-fulfilled shipping supplies
Understanding the best days of the year are December 5-15th.
Building a spreadsheet of Q4 leads with SellerAmp
Checking your favorite sites Black Friday week for all their best deals
Loading up on merchant-fulfilled shipping supplies
Understanding the best days of the year are December 5-15th.
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