Amazon FBA Retail Arbitrage | Step by Step | 2023

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Hello Hello Hello! Welcome to my channel!
Like I said in the video, I'm getting fed up with people on TH-cam offering finance advice, expecting us to be able to follow when they don't give us the steps, they show us their profit but don't show us how they go there!
At First Hand Finances we're going to do everything FIRST HAND with NO BULLSH*T! It's simple we're going to try out every possible get rich quick scheme online, from stocks to dropshipping we're giving everything a go and creating our own guides for people to follow in the future.
I'm going to make mistakes so you don't have to!
If you need to get in touch drop me a DM over on Twitter!
Links :
/ financeshand
firsthandfinances.com
Music : www.bensound.com

[@StephiBarker]

Love this, Finally a realistic video, not the 10k in your first month bs!

[@detox3036]

Out of every video I've watched on this or similar topic, yours are the best, I subscribed for this.

[@FirstHandFinances]

Thanks I really appreciate it :)

[@Cgray-kg1yx]

Defo one of the most likeable, enjoyable Chanel’s around with a great variety

[@FirstHandFinances]

Thanks man I really appreciate it :)

[@RolandDeschain1]

Excellent video. Thanks so much for the info, and keeping it simple.
I've just started my Amazon FBA journey and it's rare to find information videos that are clear, concise and aren't made unwatchable by that obnoxious jump-cut editing.

[@shushreverse2214]

Ur genuinely so helpful and inspiring and I’m not Tryna sound like some bum lick but honestly out of every Amazon FBA youtuber big or small ur genuinely the best. Ive been researching a tonne recently and was wondering if you had any tips for a 16 year old who’s just getting started with retail arbitrage. Thanks :)

[@FirstHandFinances]

Thanks man I really appreciate it ahah! Just start small! And product rank is better than bigger profit. Big profit doesn't count for anything if the product won't actually sell

[@adamwarner999]

Literately the most to the point video, no selling groups or members pages for £££ a month! Excellent video, enough info for a noob like me to understand! One Q - another video said you had to pay for barcodes, maybe this was for white label products or something ? obviously its free through amazon for arbitrage ? Great Video!

[@hunainhussain7528]

How would you picture up your products before sending to amazon?

[@danielb7192]

just a quick one, when setting up your business, does this affect your existing tax?

[@matthewwilson1833]

When setting up account is it required to have a business?

[@declanmoxon7264]

Find the content great! Have you any recommendations on which printer to use? Or can you link in the one you got! Cheers

[@FirstHandFinances]

Any printer will work, so just go for the cheapest :)

[@kellybrown4326]

Thanks for your videos -very helpful in researching phase! In your previous vid, you mentioned you can start as as individual seller. In this vid you mentioned about having to register a company. Can you do all of what you are doing in this video as an individual seller? Thanks :)

[@FirstHandFinances]

Yep everything is the same when you're an individual seller, it's just the fees that are different.

[@Johnhere]

I am setting up an Amazon seller account now. I am on the page that is asking "Do you have Universal Product Codes (UPCs) for all your products?" Yes or No. What do I press? I am doing exactly the same as you.

[@mypoggle]

Great vid, where do you get the labels from? Are these provided by Amazon?

[@FirstHandFinances]

I bought them from amazon, but if you don't want to purchase any you can just print on paper and stick on the box :)

[@sammyp4717]

With just starting off (UK) with small number of items and sales you don’t have to do anything about tax? Just make LTD company and start sending in??

[@jadewhalley4045]

Cute cat 🐱

[@thesallygurl1]

How much would you say is a good starting price to save before going into retail stores

[@FirstHandFinances]

I started with £100, but any amount will work

[@hunainhussain7528]

Do you have to print on a label sheet or can you just put it on A4 paper and glue the barcode over the old one?

[@FirstHandFinances]

You can do either, as long as the barcode ends up on the box :)

[@majesticslegion6971]

do you always need approval or is it just on certain items

[@FirstHandFinances]

It's just with certain brands, some can be easy to get ungated in, others can be a lot harder.

[@RhysDunkley]

When is the online guide coming?

[@FirstHandFinances]

Tonight :)

[@joshuachavez3535]

How is it with shipping fees? Doesn’t shipping fees cut into ur profit a lot?

[@FirstHandFinances]

Luckily shipping fees aren't too bad, I send them to amazon with UPS and most of the time its free.

[@joshuachavez3535]

@@FirstHandFinances oh dang I’ve never heard of free shipping, I need to look into that

[@pepsimac]

Mad how low the profit margin is on all these. How's the FBA journey going?

[@FirstHandFinances]

It's going well :) slowly building up the bank roll

[@sob2023]

do I need to create a limited business to do amazon fba retail arbitrage?

[@FirstHandFinances]

You'll either need to create a limited business, or register as a sole trader (for the UK, other countries may vary)

[@sob2023]

@@FirstHandFinances okay thank you

[@hunainhussain7528]

How did you get ungated from LEGO

[@yoyo-gv8zs]

XD