How To Sell On Amazon FBA And Make Money
HI Everyone I'll be showing you how to build a successful and profitable business selling on Amazon FBA(fulfillments by Amazon) from scratch for complete beginners. Now if you just found out about amazon FBA maybe you've seen people talking about it online Or hear how much money they're making.
Maybe you've been interested in starting something like this for a while starting an online business then this is for you. First of all I have to say there has never been a better time to start a successful Amazon fba business
ever then now even though a lot of people talk about how competitive amazon is. Maybe we hear about people losing money on amazon in fact there's never been a better time to start than today.
And all you have to do to see this is just to look at the statistics
If we look at the defining company of our generation it's definitely amazon.
Amazon is like a tidal force on our entire economy and it has changed the lives of millions of people especially with the Covid Pandemic .Ecommerce has been the one industry that has absolutely blown up and the key company
that has benefited from all of that is amazon.
On amazon every month over two and a half billion people log on to amazon that's literally one in every three people alive today on earth if we look at the number of amazon prime accounts in the world that's amazon's
two to three day monthly subscription for two to three day or same day shipping there are currently over 150 million amazon prime accounts
that's people who are logging onto amazon every single day with their credit cards plugged in and ready to buy and in the united
states alone over half of all households in the us currently have an active amazon prime membership and that number is rising potentially.
Best strategy all of the steps so that you're able to actually start selling on amazon and start making sales and change your life you really have the
ability right now to start something that will completely transform the rest of your life and will allow you to achieve financial freedom will allow you to start a real business where you're selling a real product and you're building up something that actually has value as opposed to other businesses out there as opposed to stocks and crypto and things like that where you really just don't have control if we talk in terms of business e-commerce is the absolute best business that you can start today simply because of the fact that you have total control you can start off with.
A small amount of money and grow it into a six and seven figure income for yourself just as a lot of people done for in the past few years and all you have to do to make this happen is to look at this staticts chart.
Selling on Amazon Becomes Easier Every Single day
So in fact selling on amazon actually becomes easier every single day because there are more customers every single day that join the website for every new seller.
There are so many gurus online there are so many people online that talk about how it's too late or too competitive or you know money lost if you literally type in amazon fba on youtube you can see all these videos of post in other social platform that try to scare you when in-fact if I was starting an online business fresh today from zero from scratch you know not having a lot of money having no experience i would start amazon fba because there's just no other business there's no other way of making money online that even compares and the fact that there are so many people online talking about amazon fba you know talking about passive income online business e-commerce.
Everybody wants you to buy their course but how do you make out the truth from the noise right it's a big problem nowadays you don't know who's legit and who's not legit you don't know who to trust and who not to trust and it seems that all the videos that you watch on YouTube or other social platform about amazon either try to scare you or are trying to show you how much money that guru made and they're posing next to the luxury vehicle that's why it's so easy to get overwhelmed with not knowing who to follow who's actually giving the right information about how to start a successful profitable amazon fba business
If you want to basically go from broke to rich or you know you want to achieve financial freedom you want to start living the freedom lifestyle and you want to build a real business and this strategy is called the e-commerce brand strategy so that's what i'm going to be sharing with you in this blog.
By Reading this you'll already have a clear path to success
for yourself and you'll know exactly what you need to do to actually start making money on amazon and to start making a six to seven figure income down the road as you put in more effort into your business .I’m going to share with you here is going to transform millions of people's lives ,
Now i want to remind you that this is not some kind of get-rich-quick scheme and if you're looking for a way to make money instantly right now fast and quickly so honestly you won't find it here.
Reason for that is because to achieve any kind of long-term success any kind of real success you need to focus on the long term you can't just you know expect to make money today tomorrow next week i know that a lot of people are in a difficult situation and you want to make money quickly but the truth is the more amount of time you spend trying to make money fast the longer it's going to take for you to actually achieve any kind of real success right let me tell you this quote actually changed my life in a society where standards are so low you know where people just basically are lazy more or less and and on average people just really have no discipline and they really can't
focus it really doesn't take that much more that much more effort to succeed compared to everybody else
Lot of People learned from their failures , as learned from the obstacles that faced and adapted to them and succeeded and the entire point of sharing all this information with you here is so that you avoid all of these things so that you can get to success in the fastest possible amount of time all right now that all the get rich quickers have gone over to other things like bitcoin and stocks and cryptocurrency and stuff.
How to build a real business selling on Amazon FBA
Steps of starting up a successful amazon fba business
Want to answer some common questions that you likely may have
1: first question i know that a lot of people are asking themselves is can i do this from anywhere in the world ?
Answer : YES and that's the beautiful part about starting a
successful amazon fba business the fact that you can actually start this from anywhere in the world.
Amazon has marketplaces in a lot of countries so it's not just amazon USA you also have amazon several countries in Europe that have their own amazon marketplaces like Germany , UK amazon Italy amazon Spain and so on and you also have amazon Sweden which is a more recent addition which is also a great opportunity so you can actually sell on any of these marketplaces any marketplace that you choose and the best part is that you can do this from anywhere in the world.
Rules that Apply To Certain Countries
There are certain rules that apply to certain countries and we're going to go over that later on here in this blog and i'm basically going to show you every single step you need to take to successfully be able to sell no matter where you're from so we're going to cover that and yes you can build a successful business and you can make 50k a year 100k a year even a million a year down the road now.
2:How much money do i need to start?
This is a very common question that a lot of people are asking themselves this because obviously most people are probably starting off with not so much money you know just a lower starting budget so to answer this question
you can actually successfully start selling on amazon fba you can start your business with as little as a thousand dollars now the more you have obviously the better and the truth is is that you know a lot of people don't talk about this but on amazon fba ecommerce is a cash intensive business no one says this no one talks about this in some of youtube videos because they just want you to like buy their course and stuff but the truth is and i want you to succeed so i have to tell you the truth uh that with e-commerce you need units to be able to sell and to have the units to sell obviously you need to know have cash to be able to purchase those units and by units i'm talking about the units of your product so like the actual you know inventory that you're going to order because obviously you need inventory to actually sell and i'm going to explain how exactly the entire process works and everything so you know.
So it definitely is possible it's just that with a lower starting budget you will have to invest in a cheaper product which is totally fine because there are tons of very cheap products that you can get that you can actually brand and you can sell for a very healthy profit margin you know for something like dollars twenty dollars twenty five dollars and higher so the answer at the absolute minimum you need a thousand dollars and you know the higher you have closer to two three five and ten the better but you definitely don't need
five and ten and you definitely don't even need three
I’m presenting to you a formula that you can follow and that if you actually follow you will be able to succeed and there's a high chance that you will succeed it doesn't mean that your journey will be exactly the same as other successful people and likely it won't be , In any social plateform videos or it's behind some kind of a paywall for two or three thousand dollars that basically other people sell in their courses and i'm literally giving it away for free you will be able to shortcut your time to success and you'll be able to avoid making all those mistakes that you would make if you didn't have access to the steps that i'm giving you here.
3: How much money can i actually make doing this and how fast will it take me to succeed ?
The truth about this is that you're actually entirely in control of your income so with amazon fba as opposed to investing in stocks or investing actually have full and total control so let's say you have your product up and running and let's say today you make 10 sales well awesome but let's say tomorrow you
make five sales right well you know your sales went down in half and you know you can ask yourself well you know what happened why did our
sales you know go down in half and you can start making changes to your product you can make changes in your business to actually be able to boost your sales as opposed to investing especially when you don't have a lot of money to start it's almost foolish because you have no control over that right but with starting an amazon fba business you are in total control
so you can make as much money as you want with amazon fba and i've seen thousands of people be able to make five figures and six figures with their first product per year you know just with their like first successful product
and then later on they're able to scale to seven figures which is by the way a million dollars per year plus which is honestly not that difficult
with an e-commerce business they're able to scale to that pretty easily just by adding more products to their product line as they build out their
brand if you remember the strategy that i'm showing you here in this blog is the e-commerce brand strategy and so that's why it's so powerful
because of the the fact that you know if you follow the steps and if you actually respect all of the rules of the business and you know you follow the strategy to it to the core you will actually be able to uh make a
substantial amount of money and it's going to be monthly passive income which will allow you to achieve financial freedom and live a location independent lifestyle you'll be able to you know live wherever you want travel the world .
now i'm gonna answer the second part of that question how fast can i make money doing this so i would say a great goal to set is ten thousand dollars a month in the next three to six months and that's in sales
and there's a difference between sales and profit, sales doesn't equal profit meaning . You know advertising and everything like that and amazon's fees because amazon does charge fees they're reasonable
4: How does it work do i have to store any inventory and like do i have to
like basically buy the inventory pack it up in my garage and send out anything myself ?
And the answer is No. Amazon will do
everything for you because when you order your product ,you find a product , you find a supplier and you order the product, your supplier you can actually get them to send the product directly to the amazon warehouse and using fulfilment by amazon which is amazon's fba program you can basically sell units on amazon sell products and amazon does everything for you
you find the supplier you brand it well you make sure the product's high quality and once you've done that you launch the product on amazon .
There's a specific process that you're gonna follow that i'm gonna show you and then later on you just add on products and with every single product you add you just basically multiply your income.
I just want you to build a successful business just like the thousands of millions of people that will do it from this Blog.
Let's divide into the e-commerce brand strategy so what is the commerce brand strategy
It's all based around private label and let's talk about what private label is so essentially if you look at all the world's best brands , private labeled products and what that essentially means is they are sourcing their products from an
overseas supplier or Europe or Australia some are sourcing from a supplier that's for example in the united states as you know most products come from china or from Asia right so they come from overseas countries and the reason why a lot of products come from china is because all these brands can get it from there for so cheap right you can literally get a product for like a dollar and you can sell it for 20 or 25 on amazon and that's exactly what this business model is of course there's a lot more to it it's not just just arbitrage it's not just like buying for cheap and selling for more expensive there's a lot more that goes to it to ensure that you're successful and really build a successful brand but that's essentially what it is what we're doing here on amazon is we are building a private label brand.
But we are going one extra step further
and we're really making sure that we are you know building a brand that will stand the test of time that we'll be able to hit six figures scale to multiple six figures and then hit seven figures plus if you go on amazon.com and you type in any product for example barbecue gloves right if we type that in you can see all these different barbecue glove listings this is this is a listing so any product that you see if you click into it you see that this is an amazon listing and if you look at this it says geek home right this geek com is just the brand that some some guy or some girl made up and they just you know slapped it onto the product they are probably sourcing this product from china there's like a
99 chance you know very very likely and they are probably sourcing this product for between one and two dollars a pair and they're selling it for 16.87 and obviously at a 50 profit margin if we just take a guess an estimate uh they are making probably about seven to eight dollars profit per unit if we open up Jungle scout which is a software that allows us to see how much money any product on amazon is making we can see that this person is making 81000 a month in revenue from just selling these barbecue gloves like it's that simple 81 000 a month right and this is actually a very accurate estimate but this is a prime example
of a private label product now in this blog i'm gonna show you not only how to be able to do this for yourself and you know find a profitable
product and also make this kind of money and brand it well i am going to show you uh a way better version of even what you're seeing here because this is honestly very basic the the logo is very basic and just everything about this is very basic and-is not really how you build a successful long-term brand.
So you first start off by setting up.
your seller central account which we're going to do here in this Blog then you're going to move on to doing product research which is the most
challenging part of amazon fba because that's really where you're going to find your product and some people they find a product in one day some people it takes them you know two three days others one week to three weeks even a month but honestly you should be able to find tons of potentially profitable and successful products within like a few days and you should be able to have a profitable product found within maximum one to two weeks of doing a few hours of product research every single day after product research you move on to finding suppliers and this is where you really find a quality supplier
that will sell a high quality version of your product you're gonna set up a partnership with them and a minimum order quantity for your first minimum order now.
Buying in AliBaba and Shipping to Amazon
But after finding a supplier and after choosing the best one then you place your first inventory order and then you ship your units into the
amazon warehouse so if you decide to sell on amazon USA you're going to ship it to the united states if you decide to sell for example in Canada it's gonna go to Canada now at that point it's the waiting game and
you basically wait for a few weeks for your inventory to come in usually it's between two to four weeks of shipping depending on if you selected air or sea shipping right you can either ship it by plane or you can ship it by boat across the water obviously the plane is much faster than the boat and there are specific use cases for air shipping and for sea shipping this time that you're waiting for your product to ship you are actually creating your listing and this is essentially your product page on amazon so this is what all of your potential customers will see when they go onto your listing they're going to see your pictures your title your bullet points.
Once your inventory arrives into
the amazon warehouse now it's time to launch and this is called a product launch this is where you launch your product and you basically push it up to page one on amazon using a variety of techniques which i'm going to show you there's an exact product launch method that i'm gonna show you here
which you can just follow the steps and then essentially your product goes on page one for your main keywords and that's where you're gonna start making
what are called organic sales and so at this point you're making your first sales and you've made your first money and then once you're on page one for your main keywords which for example for the barbecue gloves they were bbq gloves right those are the main keywords that your customers would be typing in on amazon then you are basically making money you have a successful business and at that point you could potentially be making three thousand a month five thousand a month ten thousand a month even twenty ,thirty plus so once your product is launched and you're making organic sales at this point you've got yourself a five figure six figure business with that one product and now you can basically continue growing your product line by continuing to add more products and so on , all that kind of stuff it just makes it so much easier to sell profitably on amazon and so the best part about the strategy even though it seems like you know there's so much knowledge to learn.
Anyone can sell at Amazon
So even though there is a lot of information the one thing to remember is that anybody can sell on amazon anybody can follow the strategy source
an amazing product get whatever improvements you want to get for your product you know the internet is wide open the internet has opened up unlimited opportunities for anyone who wants to make something from scratch who wants to change their life who wants to you know build a business without having any previous business experience and so that's the best part towards the end of this blog we’re-going to talk about scaling and the things that you can do to actually defend your brand because you know it's not only about
uh actually launching there's also a defence part of the strategy
So essentially you know we don't want to basically find a product that you know where all the the available listings where all the competitors they all have like thousands upon thousands of reviews because you know the more reviews that your competitors have the harder it will be to actually introduce your product into the market and capture those sales right it's just going to be more difficult so uh that's basically what we're looking at the number of reviews and there's also specific way of looking at that which i'm going to show you when we're doing product research the next thing we want to look at is the price and the price is important because we want to make sure that we have enough room to make a profit of at least 30 after all of our expenses all of our
cost of goods so the cost of inventory shipping fees and amazon fba fees so as a rule of thumb you want to look for a product with an absolute minimum price of 15 uh so 14.99 or 14.97 that would be like the low end and an absolute maximum price of 150 most people they're likely going to
be investing in products that are between 15 and 70 just because the more expensive the product is on amazon uh likely the more expensive it's going to be to source from your supplier.
So the next criteria we look at is the profit margin this is obviously extremely important and you must make sure that the product that you're looking at has enough of a profit for you to even consider selling it you know and investing your time and effort into building a brand with it because you're building a business it's not going to be you know like a walk in the park you're going to have to you know put in some real time and effort into this to really make it work so a good profit margin that we're looking for is between 25 and 50
with the vast majority of you know sellers on amazon hitting i would say probably between 30 and 40 after all costs maybe you know on the lower end you got 20 percent uh and then obviously there's sellers that don't make any money but you know if you're gonna go if you're looking if you're gonna look for products that are between 25 and 50 to begin with.
- So now we wanna look at our two competing products and to find our competing products our first competing product would be basically the one that's closest to this one from a different brand with, and you know you want to make sure that it's similar enough to your primary product if for example it's like a totally different design completely different than that's not your competing product something to look at is also the price. we can see here that this is 36.99 significantly cheaper than the skull shaver so you know that can make us ask questions like why is it so much cheaper maybe it's different.
Having Mentor is Good or Bad?
On amazon you know amazon is such a big ecosystem of products and you know you really have to have someone with experience who can tell you which products are like you know what what can possibly go wrong with each product and so for that something like a mentorship would be useful obviously mentors are very very important and they will maximise your chance of success. If we focus here we can see okay so that was our primary product
let's sort by rank okay so it's ranked number 10. so i'm skeptical of this rank
i think that it's not showing us the rank for the top level category here so it's
showing us number 10 in yeah so it's actually that was wrong so it's number number 251 and health and household as you can see that product was actually labeled in beauty ,sometimes you'll find it hard to listing it correctly ie: category wise or keyword product wise, which product opportunities we're gonna go with now what i think is best before you actually contact suppliers is to pick three or final product opportunities from your list so if you have like 20 and let's say you've crossed out like a few of them i would suggest just pick three so for or let the mentor help with to decide or choose good product to be listed.
On Alibaba you can do that you can't ask them for improvements so one thing i always look at is i go to the company overview and i scroll down okay you can see the supplier has been verified on-site by world leading inspection company to Rhineland so you know that's just it's verified, we can see it as a manufacturer and trading company
Types Of Suppliers in Alibaba
There are two types of suppliers on alibaba.
- There are many factors and trading companies what a manufacturer is just that it's the manufacturer so they're the ones that actually create the product and sell it to a trading company that's basically like a company that is in china they buy from suppliers hold it in their warehouse and then resell it for a profit now you know you might be thinking oh well it's best to just go straight to the manufacturer and yes that's true but not always because you know i've worked with trading companies in the
past and yes even though they obviously um you know sell you at an up charge compared to the manufacturer sometimes for some products you just won't even find manufacturers for them because they're so deep in china
that the only way that you can basically access them is through trading companies so there is no hard role in working with manufacturers or trading companies.but that's something to look at so we can see here they're both you're established 2005. total annual revenue i'm going to look at as well so if it's anywhere in the millions that's great and then they got a bunch of certifications so this looks like a great supplier so what we want to do is we're going to want to contact the supplier.
Now log into your alibaba account if you haven't made one just make a separate gmail and then use that email address not your personal email because you're going to get spam now this is where our supplier contact template comes in handy so you can actually get this for free there's going to be a link down below for the Econ freedom amazon fba starter pack.
Templet For Suppliers
Now you can write to suppliers if you want in your own words you know just to
maybe differentiate from everybody else but honestly you don't have to complicate things. Since you don't have a brand name yet for your product you can just put just the general name for your sourcing company so we can put like essential ventures inc it really doesn't matter like don't overthink this just focus on what's important which is getting to the supplier eventually you can tell them your brand name.
We specializes in selling we want to make yourself look established Chinese suppliers don't really want to work with people who are brand new because obviously that's not how they make their money Chinese suppliers make their money and any supplier they make their money from long-term business relationships so if you demonstrate that you're more experienced and you know what you're doing and this is not your first like Malakzay i guess like you'll be a lot better off than just a beginner who's like yo what's the price for this and what's the moq right so we specializes in selling premium coffee products in and then you want to put the country you're gonna sell on so in the united states okay we are looking for a high quality supplier to expand our product line and are interested in one of the items you manufacture the cold brew iced coffee maker okay and then here you have the opportunity to put a link to the product that you want to basically have them find for you so it would be this one copy and paste it in here and then we want to establish a long-term mutually beneficial relationship with a high quality supplier that could become our national manufacturer for this product.
Could you please provide answers make sure you're spacing everything out and now we have these numbers so the reason why we have these numbered is because in china it's a cultural i guess it's just part of their culture
where you know if you number questions they're more likely to answer them if you don't number the questions they just won't answer your questions like a lot
of the times in earlier supplier templates i've sent them and they literally answer like one question or they just reply with two letters okay that's it and it's like okay what so that's why with uh the numbers they're actually going to be more likely to answer your questions and all these questions are super relevant like are you able to provide a custom logo custom packaging what colour local options do you offer you know.
Make an educated um analytical decision for which product we are going to sell are you able to send a custom sample to and then you put your country where you are not where you're selling uh because you want to get that sample you want to feel the product in your hands before you sell it okay and so once you fill the cell out you want to make sure before you send it that you select everything okay so select everything like that and then you can save it in like a document because your this is the the same template that you're going to be sending to any other any other suppliers for the same product you're looking for and then you're going to click send inquiry now you can click agree to share business card but that shares your email and phone number so you know if you want to basically have a higher chance of response you can do that but if you don't do that then it's just going to keep your responses that you get from them in your alibaba account which is totally fine
How To Find Suppliers Other then Alibaba for Amazon Listings Products
so now i'm going to quickly talk about how to find suppliers domestically or in another country other than china so the u.s or for example japan so i had an example product here which was match a powder actually i didn't know the best country to source match a powder for in terms of quality is japan and you can find that out you know typing in best country to source matcha powder from and it's gonna say japan right right away japan i guess because they're just the best at that so for that what you want to do is and this is the same applies for finding suppliers for domestic things in the us what you want to do is type in private label match a powder and then you can hit enter and you can even add like japan so you know the same thing is finding a supplier on alibaba except we are sourcing from a country which it just makes more sense to source match a from now if you're seeing a lot of alibaba links sometimes you'll do this you'll type in private label and the product in the country if you're seeing a lot of alibaba links all you have to do is type in minus alibaba.com and what that's going to do is it's going to erase all the alibaba links so you don't see them and when you're contacting them the best way to contact them i recommend filling out their contact us form as well as sending them an email from your business email and using the same exact template that i just showed in the supplier template you can use the exact same one and that's going to work great i've sourced amazing products like this and the process is super simple it's actually a little bit easier to work with suppliers outside of china just because of there's usually less of a language barrier and the process works the same for Europe you can just do private label.
Now once you've contacted at least three to five suppliers for each of your three product opportunities what you want to do is to get them onto either WhatsApp or Skype or any other platform as fast as possible and the reason why is because it's just so much easier to communicate with them through those apps instead of going through alibaba's super clunky messaging interface now it's time to actually negotiate with them so you want to get in direct contact with them and now you'll realise that you know if you're speaking to a Chinese supplier and you're in the states well you're going to have to stay up for example in the evenings a little bit later to talk to them because obviously they're sleeping and a good thing to do to figure out what time it is in china right now, so you can expect an answer from your suppliers within like one or two days and then except over the weekends the weekends are not working or any other Chinese holidays which you can also figure out by typing in Chinese holidays and then the year all right so once you've contacted your supplier and you've gotten them on whatsapp or skype.
Now you want to negotiate a price down so you're going to ask them or the price for a certain quantity and they should answer you that in alibaba so you already have an idea and what you want to do is you basically want to negotiate with the different suppliers and you want to see which one can get you the lowest price so first of all i always offer a like a pretty low ball price and then they will usually never take it they will probably just give you something in between and eventually you want to bargain it down to a price that's a win-win for both of you where you know it's still good and it's reasonable for them because at the end of the day you want to establish a win-win relationship that's the secret with working with suppliers from all over the world you don't want to screw them you basically want to make sure that you know there's enough profit we made on both sides so that they're happy to work with you because you know if you squeeze them out of their profit too much they're just going to send you bad quality product and then you're going to pay for that later in the form of bad customer reviews and your business is basically going to get hurt in the long run so that's what you want to do and the golden rule here of negotiation is to always assume that everything is negotiable everything okay but at the same time you want to be professional you want to be nice to them you don't want to corner them because they aren't equal you have to treat them as an equal so just to make the process easier for you.
Invoice From
you know for our product and then it's gonna show like the buyer which is us and then it's gonna show the product as well as the unit price so you know it's gonna be so much easier to select a supplier and really make a decision on a product once you have all the different invoices with you and you can you know start to compare everything so now what we're going to do is we're actually going to go and plug this all into our Econ freedom
profit calculator which is a free tool.
Now one thing i will say is that you do want to get a shipping price so for shipping you can either do error or now for over 90 percent of you unless your product is oversized um you're going to want to do air shipping and you're going to want to ask for a price for air shipping for your product and you're going to want to ask for ddp shipping which stands for delivered duties paid sometimes they're going to be skeptical or they're going to be maybe a little
bit apprehensive about giving you like a ddp price simply because ddp means that the supplier is responsible for paying the duties so in that case you can just tell them hey just get us the ddp price and don't worry just bill us the customs duties and we will pay you right away,
and it's very very common place so once you have that invoice you have the unit price as well as the shipping cost and now we're ready to plug it into
the conference profit calculator so to access that it's www.confront.com profit calculator just click on register and then just create a quick account
it's going to say ask for your like basic info name last name email
So actually adds on fba fees as well but fba fees don't come out of our pocket at the beginning right you can always change your initial order. you'll be able to see your profit margin your return on investment your cost of goods and you'll be able to see like a little results ticker here so proper margin anything that's above 40 percent is great anything that's between 30 and 50 is good return on investment anything above 100 is great and in terms of the cost of goods sold this one is actually incorrect so we have to fix that but otherwise the profit calculator is an essential tool because it will show you all these different things it will also show your breakeven price so how much you have to basically sell your product.
Checking for patents
so the next thing we have to do is check for patents and this is very important because there are lots of patents out there.It's basically an exclusive license that allows a company or a person to sell a specific version of a product
there are two types of patents design patents and utility patents now most patents are design patents and then you've got some that are utility you don't have to worry about that right now but essentially what you're trying to do here is you're trying to search up your product and trying to see if there are any patents that are basically preventing you from selling the version of the product.
A good way of figuring out if there's if your product is patented
to hire someone to do a patent check for you, you can either hire a lawyer to do it or you can hire like someone on the cheap on fiverr.com or upwork that's gonna cost you like max fifty dollars or sixty dollars a lawyer is gonna cost you a few hundred and that's up to you which path you wanna take if you wanna do it through a lawyer because the lawyer is the only one that's actually legally qualified to do this or if you want to do it on the cheap you can just go on fiverr and type in patent search but these are not legally
registered lawyers they're just people that kind of do this and they have some experience doing this and as you can see you can do it for like 15 35 or another option is just to look at it yourself so if your product is free of any patents then you're good to go if it has a patent then you should erase it from the list because you don't want to run into any issues because you're going to launch the product.
Order Product Sample
so now you've contacted your suppliers you've run all the numbers through your profit calculator and now you can clearly see you know the profit margins for each product so if you have any product opportunities out of the three that
are clearly a no-go erase them if all three are still good now is the time where you want to order samples so to order samples you basically just ask your supplier hey i want to order a sample please ship it to me via air dhl or air
mail and a sample is going to cost you between 50 and 100 it will be expensive you don't want to negotiate the sample price simply because it's just one unit and you know that's just how much it is it's expensive to ship one unit
obviously more expensive than shipping you know hundreds or thousands so the reason why we get a sample is because we want to see and feel and touch the product and pretend that we're the customer and imagine ourselves getting the sample opening it up and really like seeing it for ourselves and you really want to put the samples to the test like you really want to
use them the way they were intended to be used and you almost want to abuse them because obviously you want to make sure that the samples hold up to the test of your target market and so once you get your samples once they arrive it might take you about a week two weeks max once you get the samples if you're not happy with for example you want to go with the product you're not happy with the sample then you can just ask them to send you a better quality one maybe do like make a change or something like that now you don't need to have the logo on the sample you can ask if they can put the logo on the sample that would be great but it's not necessary obviously you don't have a logo yet so for that we can you can skip to the branding section if you'd like but once you get the samples in your hands now you can make a clear decision on which product you want to do all right so at this point you've contacted suppliers you've gotten the invoices and you've also seen the profit margin for your three product opportunities so at this point you should be able to make a great decision on a final product out of the three that you should go with and my best advice for you is honestly to look at the numbers and then
just close your eyes you know in silence think about it give it like 15 seconds 30 seconds just think about like nothing think about nothing and just think about emptiness contemplate emptiness and after 20 seconds go by ask yourself the following question which one of these three product opportunities will be my first successful product on amazon which one should i do and the answer should just pop up right away and if the answer isn't really clear and it should be really clear if it's clear select that one and obviously you know put away the other two if the answer isn't immediately clear then ask yourself why isn't the answer clear maybe there are certain issues with the product maybe your
intuition is telling you things that you know maybe your your logical mind is ignoring right you can always just select three other product opportunities from your sheet and then rinse and repeat everything that i said about finding supplies and running it through the profit calculator so now you should be able to make a decision for me it's going to be clear i'm going to do the bidet here
and that is going to be the product we're going to run with so.
Barcode For Your Product/s
Now the next step is to actually create our product listing and before we move on to that we need to purchase barcodes so now let's talk about getting barcodes so what is a barcode this is also called a UPC so i'm gonna make this as simple as possible for you to really be able to process this so to sell anything on amazon you need to have a upc it's a unique product identifier or unique product code so now it's time to purchase a barcode now to be able to sell any product on amazon you do need a upc .
There's a few ways of getting a upc there's a cheap way and then an expensive way and i'll show both ways so basically to be able to make a listing on amazon you need this and it's super easy to get this and basically it's like a universal code for your product which identifies your product in the
physical product space so there are two ways of getting this you can do it the expensive way or the cheap way the expensive way is the legit way and
the cheap way is not entirely legit but it still works and it's entirely up to you which one you want to do so here is the official website that issues the barcodes it's called gs1 you'll find at just1us.org for us and then also they've got a European website as well and for other parts of the world so for gs1 if you want to get a barcode like officially and if you try to make a listing on amazon you'll get a message saying that the barcode should be just one or else you might have problems down the road one big disclaimer is that.
The listing you should have no issues whatsoever again this is your choice this is the cheap way and then this is the expensive but like actual official way of doing it
Keywords for Product/s
We're almost done here let's get to the keywords so for the keywords here the
the only box that we want to fill out is the search terms here and now i'm going to show you how to find the best keywords for your products this is actually your backend search terms essentially it's like the tags if you ever uploaded a youtube video it's like the tags so these are just words that will help the amazon algorithm rank your product and show your product to the most relevant customers and for this jungle scout luckily actually has a tool called keyword scout which lets us find the absolute best keywords for our product what you want to do is go to junglescout.com and log into your account and then once you're in your account you're going to want to click on keyword
scout on the left so what you want to do is you actually want to put in your primary product asin as well as your two competing products here so just put in your top three competitors.
Placing First Inventory Order
Now we're ready to place our first inventory order this is honestly an incredibly exciting time, how to place your first inventory orders as well as a few important things and just general things to read out for so your listing should have been on amazon for at least a few days about five or six days and the reason why you want to have your listing on amazon for at least three
days recommended five to six days is because for some products on amazon they turn out to be restricted and basically when you create a listing sometimes that will trip the amazon algorithm and amazon will go ahead and
restrict your listing after a few days and so that's why it's best to wait a few days to actually see if your listing is not restricted or anything like that because you're gonna get an email if it is and then that way you just
saved yourself a potential you know thousand or a few thousand dollars on your inventory if your product ends up being restricted or it has some special certification that amazon requires now even for restricted products you can also get the certifications usually your supplier will have it and this really depends sometimes the supplier certification is enough sometimes it's not so it's really case dependent on each product again this is why it's so useful to have somebody check over your product for you somebody who is actually really experienced with amazon. You should have your invoice you should have your profit margin you know your profit margin should be like good it should be between at least 25 percent preferably 30 to 50 or above you should have a product that meets all the criteria ,so okay you're ready to place your product inventory order one more thing as well should not be spending i would say more than five to ten grand on your first order at the absolute max there really is no need for that.
how do you pay your suppliers so the best way honestly if you're if you're paying a Chinese supplier or a supplier in alibaba you can just use the alibaba trade assurance now here's something extremely important to actually be covered and protected by alibaba trade assurance alibaba wants to see that you've communicated with your supplier through the platform .
You can actually pay on alibaba trade assurance the cheapest way
to pay is with a wire transfer to the alibaba account which then goes into escrow in their account so it's all protected. The second best way to pay is PayPal. PayPal always sides with the customer not with the supplier so
it's a great way of protecting yourself however the fees are much much higher especially for the supplier and so that's why if you pay via PayPal your supplier will say oh well you're gonna have to front the fee and it's gonna be about four point six percent so you agreed on with your supplier now we actually have to get them into the amazon warehouse.
Way to ship product to Amazon FBA
There's a way which is like that always works so the first thing you want to do is you want to click on
- create a new shipping plan and then for the ship from address you click on ship from another address and then you want to enter address of your Chinese supplier or your supplier you know from anywhere else wherever it's coming from if it's a Chinese supplier then you click on country and then click on china and then here you want to enter in the
name of the supplier the address the province city district the zip and postal code , just ask your supplier to send you their address and then you can just put that in here and then if you're confused as to what's the province what's the city what's the district you can ask them that as well and they'll tell you so make sure to fill that.
- Now we've got the suppliers address here we want to click on individual products for the packing type and then click continue to shipping plan .
- now what we want to do is we want to enter in the number of units we're going to be sending .
- What we want to do is it's asking us choose a product category that best suits your sku so here we have to click on choose category and then here we're just going to put no prep needed and then we'll click choose and then click continue okay and here it's going to say who labels so you want to select merchant we're going to have our supplier apply all of amazon's label to the product.
- Amazon label looks different to the upc barcode so what's the difference. The upc barcode you only need that to actually make your listing so you need a upc for that and which you've already made you've already used the code there now on your actual product you're going to need to print an amazon label not the upc label and so to get that all you have to do is choose merchant and then click on print labels for this page that's going to download this file here which is going to have all the labels as you can see and then what you want to do is you want to save this so you download it you save it to your desktop to your computer and then you can basically send this over to your supplier.
- so now we're gonna click on continue so as you can see it's asking us to split the shipment to a few different amazon warehouses so sometimes
amazon might tell you to ship everything to one warehouse sometimes they might tell us to ship to different warehouses in this case so that's totally fine um it's a marginal difference in cost for shipping so if this is the case all you have to do is just click approve and continue
- and then you can put like the month right so you just put the month and like month and then year and then you put shipment number one and then here we put the same shipment number two and then ship in number three obviously replace the month in the year with the current month and year and then click approve and continue so once you've done
- and so now we're gonna click on work on shipment and we're gonna do that for every single one of these shipments
- And you have to tell your supplier that hey this is how you need to do it .you know xyz.. units need to go to this place and i'll show you how to do that and we would also need to get the weight of that units per box if it's in a different configuration and the dimensions so in this case if it's four we'll just use an example number we'll just say 5 pounds and we'll just say 10 by 10 by 10 should be fine click confirm okay this is just by the way i just put random numbers for the second one here make sure you're getting this information from supplier so now once you've done that you want to select plain paper and for the ship date you want to select today's date and then you want to click print box labels then tell them please you know put this on every single box your suppliers they've shipped lots of times to amazon so they should be familiar with this process they do they have to do this for every single amazon shipment so once you've done that you want to click on complete shipment and now it's asking us for tracking numbers so you actually don't even have to put in the tracking numbers if you want to you can and then it's going to show you know the tracking number and all the tracking information once that becomes available.
- now the next part is to click on mark as shipped and once it says shipped we're all good to go work on another shipment and then obviously you want to do the same thing for the other two as well all right so now your product is on its way to amazon.
So hopefully everyone learn from my experience and research. All the best.
Regards Ibrahim
