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Amazon FBA WHOLESALE For Beginners 2024 (Step by Step Tutorial)

Jatz Naran・45 minutes read

This tutorial covers Amazon FBA wholesale basics, including account setup, product management, and finding profitable items, emphasizing the importance of strategic selling tactics and understanding ROI for successful Amazon FBA business growth. Amazon FBA streamlines shipping and scaling for sellers, with detailed steps on selecting carriers, labeling products, and maximizing sales against competitors.

Insights

  • Amazon FBA allows sellers to streamline their processes by having Amazon handle shipping and packing, while FBM requires more effort from the seller but may be less costly.
  • Winning the buy box on Amazon can significantly impact sales, with factors like price, reviews, and seller experience influencing who gets featured, potentially leading to increased revenue.

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Recent questions

  • What is Amazon FBA?

    Amazon FBA streamlines shipping and packing for sellers.

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Summary

00:00

Amazon FBA Wholesale Tutorial: Detailed Guidance & Tips

  • This tutorial on Amazon FBA wholesale is detailed and promises valuable information without any fluff.
  • It covers opening an Amazon account, adding a product, managing inventory, shipping to Amazon, finding profitable products through five methods, and provides an example product.
  • The tutorial also includes guidance on analyzing products for sales potential, opening accounts with wholesalers, communicating with wholesalers, maximizing sales against competitors, and handling taxes.
  • Amazon FBA, or fulfilled by Amazon, allows sellers to send inventory for Amazon to ship and pack orders, streamlining the process and enabling scalability.
  • Amazon FBM, or fulfilled by merchant, involves sellers handling packing and shipping, which may be less costly but requires more effort.
  • The three types of products to sell on Amazon are arbitrage products (online and retail), wholesale products, and private label products.
  • Online arbitrage involves reselling products found on retailer websites, while retail arbitrage entails buying clearance items from physical stores to sell on Amazon.
  • Wholesale products are bought in bulk from wholesalers and resold on Amazon, while private label products involve branding existing products from suppliers.
  • To start selling on Amazon, one must sign up for a professional plan, which costs £30 a month and allows for more than 35 sales, advertising, and other benefits.
  • Adding a product on Amazon involves using existing listings by copying the ASIN (Amazon Standard Identification Number) and setting the price, condition, and fulfillment channel.

10:52

Maximize Amazon Sales with Barcode and ROI

  • Always choose Amazon's barcode over the manufacturer's barcode when adding a product on Amazon to avoid potential issues with identical barcodes from different sellers.
  • Adding Amazon's barcode ensures that Amazon can differentiate between products from different sellers, preventing confusion and potential financial losses.
  • After successfully adding a product to your inventory on Amazon, it will initially show as inactive, meaning it won't be visible in the buy box.
  • The buy box on Amazon listings displays all sellers offering the same product, with factors like price, reviews, and seller experience determining who wins the buy box.
  • Winning the buy box means that your product is the one being sold when a customer purchases the item, potentially leading to increased sales.
  • ROI, or return on investment, measures the profit or loss made from investing in a product, with higher ROI indicating better returns.
  • Calculating ROI involves subtracting the invested amount from the returned amount and expressing the result as a percentage.
  • Using an ROI calculator simplifies the process of determining ROI for products, aiding in decision-making for sellers.
  • Creating a shipping plan on Amazon involves selecting the marketplace destination, preparing the product for shipment, and determining the quantity of units to send.
  • Printing and attaching SKU labels to products before packing them for shipment to Amazon ensures proper identification and tracking during the shipping process.

22:29

Amazon FBA Shipping with UPS Guide

  • Shipping product to Amazon's warehouse costs four pounds and 51 pence.
  • UPS is a cost-effective carrier for shipping products to Amazon due to a partnership.
  • Select UPS as the carrier for shipping to Amazon unless there's an exclusive partnership.
  • Agree to charges and print box labels for shipping.
  • Use thermal printing at 99.1 times by 139 mm for box labels.
  • Peel off labels from A4 sheets to stick on boxes.
  • View tracking details to get the tracking number of the package.
  • Schedule a collection with UPS by entering the tracking number on their website.
  • Provide basic information like name, address, total packages, and weight for collection.
  • Utilize methods like retail arbitrage, online arbitrage, Amazon to wholesale, wholesale to Amazon, and local wholesalers to find profitable products for Amazon FBA.

34:19

Maximize Amazon FBA Success with Expert Tips

  • Check BSR (Best Sellers Rank) first before heading to reviews.
  • Change reviews to most recent for better insight into product sales.
  • Recent reviews indicate current product sales.
  • Methods shown do not require software, saving money.
  • Always conduct a test shipment before mass ordering.
  • Test shipment confirms product sales and speed.
  • Use tools like Jungle Scout for sales estimations if budget allows.
  • Osome platform recommended for Amazon tax accounting.
  • Opening a company is necessary for wholesaler account registration.
  • Building a professional image with website, email, and address is crucial.
  • Phone communication with wholesalers builds rapport and offers advantages.
  • Price match, use the night owl method, and be patient to maximize sales against competitors.
  • Amazon FBA wholesale requires time, hard work, and patience for success.
  • Join the 50 Day FBA Mentoring for personal help in growing Amazon FBA business.
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