Ever wondered how Amazon FBA works?
Well, in this video I'll be telling you all about it and how you can build a legitimate
business selling on Amazon.
But before we start, make sure you subscribe to my channel and hit that bell to be notified
when I post a new video every week, so that way you can get the best advice on side hustles,
passive income, and so much more.
I wanted to start off by saying that this is part one of a five- or six-part video series
about selling on Amazon.
I'll be posting on Wednesdays, and I will also be posting on Fridays for the next few
weeks, so make sure to hit that bell to be notified if you want to know more about selling
on Amazon.
The first thing I want to tell you guys is that anyone can sell on Amazon, whether you
know about online business or have a business degree or don't have it, anyone can do it.
But that said, I knew nothing about selling on Amazon before I got started, and this was
actually my first online business.
Within the first two months of launching my product, I made over $16,000 in sales, so
yes, this is real, guys.
Before we get into it, I wanted to mention that I made a video about the pros and cons
of selling on Amazon.
I'll add that link somewhere around here, or you can click somewhere around the screen.
I really recommend that you guys go check it out, because I really go into detail about
the good stuff and the bad stuff and the things that I went through when I first started selling
on Amazon.
All right, now let's begin.
Let's first talk about what FBA means.
Let me start off by saying that there are various ways that you can sell within the
Amazon platform, but the most popular and profitable way selling on Amazon is with FBA.
Now, what does FBA mean?
FBA stands for Fulfillment by Amazon, and in basic terms, Amazon takes care of everything
for you.
They help you scale your business much faster, because they're reaching more customers through
Amazon Prime, which means that the customers will receive their products much faster.
They also store your products in their warehouses, ship it to the customers, track your sales,
deal with customer service 24/7.
I mean, everything.
So Amazon FBA is the way to go in my opinion, of course, because that's the one that I've
done.
I guess I'm biased.
Now let's talk about setting up Seller Central.
Now, they have two different types of accounts.
They have an individual account that you can set up for free, and then they have a professional
account, which is the one that I have, and I pay a monthly payment of 39.99.
This is where you're going to create your product listing, select the price for your
products, manage your inventory, track your sales.
I mean, basically it's your one-stop shop.
And most importantly, this is where you are going to get paid for your sales.
So comment below and tell me what type of niche or niche ... depending on where you
are, you'll understand that ... do you want to build a business around?
All right, now let's get back to it.
You've set up your Seller Central, and now it's time to search for your first product.
Basically, you can sell almost anything on Amazon, but you're going to do this specifically
through private labeling your product.
Now, what this means is that you're going to find a product that's already selling very
well, put your logo on it, and then call it your own.
With that said, you do want to differentiate your product, so whether it's adding an ebook,
adding a little item inside of the packaging, or maybe changing the feature a little bit,
you're going to want to do that, so that way yours can stand out from the rest.
Now, there are certain things to consider when choosing a profitable product, but you
can easily use apps like Jungle Scout, Helium 10, and Viral Launch, so that way you can
find a product that's not too competitive but high in demand.
These apps will also give you the monthly sales that these products are doing and so
many other goodies that you guys should look at before choosing your first product.
Now, with that said, you do not want to choose a product because you think it's cute or you
think may do well.
Doing product research is the most important part of building a successful online business
within the Amazon platform.
So make sure you do your product research and avoid guessing.
Okay, guys, let me know in the comments below if you have a particular product in mind that
you may consider selling.
All right, now that you've found your product, the next thing you're going to have to do
is find a supplier or manufacturer.
Alibaba.com is a popular website where you can find hundreds or even thousands of suppliers
that can produce your product for a reasonable price.
They're all rated, and you'll be able to pick the ones that have been pre-qualified by Alibaba
and have purchased what's called a trade assurance, which protects your investment in case the
supplier doesn't follow through with your order.
But anyway, you're going to want to contact the supplier to get quotes, and I recommend
that you choose the top three best suppliers on your list, so you can order your samples
from.
You're going to physically want to touch it, feel it, see it.
This is going to be very important, because you want to make sure that the quality of
the product is good.
The last thing you want to do is assume that the product is of good quality and then spend
hundreds, maybe even thousands of dollars in a product that is just useless.
Once you've picked your supplier, you're going to sign a contracts, maybe put anywhere from
10 to 30% down, and then they're going to start making or producing your products.
Now, in order for them to make your product, it can take anywhere from a few weeks all
the way to a few months, so you want to make sure that you use your time wisely while you're
waiting.
But while they're doing that, you can focus on optimizing your product listing.
Now, when I say product listing, this is the page that the customers click on to see the
benefits, the features, the images, and pretty much everything that they need to know about
your product before they choose to buy it.
Okay, so now that your products are done and your product listing is optimized, now you
can go ahead and ship it to the Amazon Fulfillment Center.
Essentially, this is Amazon's warehouse, and this is where they're going to be shipping
your products from.
Every time that a customer orders your product, they're going to be in charge of packing it
and shipping it to them.
And just like I mentioned before, they're going to basically take care of your inventory,
so you as a seller, all you really have to worry about is making sure that you're producing
sales and providing great customer service on top of what Amazon already does for you.
So essentially, that's how Amazon FBA works.
Now, there are a lot of steps within everything that I spoke about that you guys should be
aware of, so I'll be making more videos.
Just please make sure to subscribe to my channel and hit that bell to be notified, so that
way you can get that information nice, fast, and easy.
Once again, I recommend that you guys go check out that video that I made about the pros
and cons of selling on Amazon.
It's really going to help you guys out.
If you guys want to know more about selling on Amazon, please make sure to join my exclusive
group called CLUB Fab & Focused, where you're going to meet like-minded people who are starting
their side hustle or business.
You'll get encouragement from me and your Fab Fam.
The link to join is in the description below.
If you liked this video, please let me know by liking it below, subscribing, and sharing
it with your friends.
Until next time.
You're doing everything you need to do to ... Okay, never have to physically see, touch,
nothing with your products.
Damn it.
What am I trying to say?
I know what I'm trying to say, but I can't say it.
Okay.






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