ฝัง
- เผยแพร่เมื่อ 26 ก.ย. 2024
- ❗️(BLACK FRIDAY SALE HAPPENING NOW)❗️
Amazon FBA 1-on-1 Mentorship Program
- Amazon Wholesale And Online Arbitrage -
The Wholesale Underground
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Amazing video
Thanks for watching 👊🏼
06:18 TRUE (Thanks Fore the Real Motivation)
👊🏼
+4 years doing Wholesale from here in Costa Rica and still going :)
Love to see it 👊🏼
Hi Marvin,
Once we find the suppliers, how can we find the products to sell?
What is the method for product research for wholesale model?
Do you have any video. If yes kindly share the link.
You'll want to get a wholesale list scanner as well as manually going through a suppliers inventory. I'll attach a link below for a tutorial on the software I use and recommend.
th-cam.com/video/fGyQDNHl8M4/w-d-xo.html
Hi Marvin I'm very new on Amazon can you gide me some useful tips to start please
Absolutely start with this video, then watch the video on the end screen. And also watch my amazon wholesale step by step in 2023 video. This will give you a good foundation of what you need to do.
Hey Marvin, hope you doing well, I just want to ask what I do after I got rejection by the Brand also please give me the script you often use.
Attempt to sell them on what value you can bring and continue to follow up.
If a product says "Sold by amazon" is it okay to compete with Amazon. Or I should find a product that Amazon doesn't sell. Most of the big brands say "sold by amazon" thats why I ask.
It depends on the product, If amazon shares the buy box then yes it is fine to jump onto it. If amazon dominates the buy box then you should stay away. Check out my recent Keepa video I talk about how to figure this out in a lot of detail.
It’s not no it’s next- that’s a bar
💯
Thanks for the Information, One of my Listing Got Blocked by Amazon due to IP complaint by the Brand Owner, Product is genuine and I contacted my supplier. Hopefully they will find some solution. What should I do in future or now to avoid such situations? Kindly Help
check the keepa graph for any sharp drops.
You should avoid products that only have 1 seller. Those are usually Private Label products which means the brand owner can sell it exclusively and only approved sellers. If you try and sell someone's Private Label Product your account will get flagged or potentially suspended.
Hi! Do you have a mentorship program???Please let me know
Yes, first link in the description
What do you think is the best way to hunt products, looking for products first and then contacting the brand or distributer for approval or directly contacting the brand) distributors for product list and then searching for winning products there?
It depends, for me, if i'm looking for a brand to work with, I will start by looking for the product then contacting the brand. If i'm looking for distributors, then I need to find them first and then look at the inventory they offer.
Here’s my question about products…. Say there’s a company or brand that currently sells on Amazon for 60$ a unit. If this company sells 2k units a month what’s the angle that they would want you to become a wholesaler and sell on the same platform.
Example: china makes Nikes for 20$ a pair. They sell in the US for 100$. Profit of 80$ per pair. (Why if I was Nike allow you to be a wholesaler who get the shoe from me for 50$ to sell on the same platform as me? (Amazon)
Nike prolly isn’t the best analogy
My wife is an influencer on TH-cam with over 50k followers and often times asked to review products. I was telling her she should ask about not only doing these reviews but see if there’s wholesale options that we could do on Amazon. I guess I always think about the negative over the positive which I think helps with the vision of things.
@@Lou-oy2xd good question. Short answer, sometimes you'll run into a brand that realistically doesn't need your help, so you'd continue looking for another one, unless you can identify a pain point.
Thanks mark wahlberg
😂my wife literally just said that yesterday.
Hi Marvin, I have reached out to many suppliers, but a lot of them don't have inventory lists. Some have inventory lists, but they don't include the UPC codes for the products. How can I efficiently find suppliers with inventory lists that include UPC codes? Is inquiring one by one the only way?
I would view those that you've found as great opportunities that most people will just look past because they don't want to do manual sourcing. Look through those lists manually and you'll probably find some gems.
Thank you Marvin, you gave me a great tip.@@MarvinTV1
You’re welcome 👊🏼
Hello sir, New seller here, following your videos closely. I'm saving for your mentorship. Can you suggest a category to start with: toys, cellphone accessories, or home and kitchen? Comments on your recent video discussed motivation, and different environments matter. Thanks!
Any category, just pick one and start diving into it. Do NOT overthink it.
hello Marvin, your videos are goldmines for this business model .
plz make a step by step video of how to ship products directly from supplier/wholesaler to amazon warehouse/fulfillment center to get benefitted from this amazon's service.
Hey thank you brother 👊🏼 I actually already have one up on the channel. Search my channel for "how to ship to amazon fba (amazon wholesale)". I also plan on making an updated version of it as well.
Amazon prep is too expensive.
No, it's actually comparable to a lot of prep centers and cheaper in a lot of cases.
Can PL actually make money on Amazon? I have an item and I've been working with some excel sheet (jungle scout) to see what kind of profits I can make and unless I am entering the data wrong, I won't be making anything. What's the point? Maybe I should try wholesale? IDK but I am getting bummed about this PL venture that I started.
Yes you can make money with PL but the learning curve is way steeper and way harder to actually make successful. You also have to learn how to market, get professional photos, worry about overseas shipping, ppc advertising, creating a listing, SEO, and in the end it is just an educated guess. With wholesale you're just jumping onto existing listings and finding inventory.
DM me on IG bro, I'll give you some good tips on how to make the transition.
Hi there, don’t you have to have an LLC? That’s expensive in itself, right?
Yes you do, and it depends on the state and the method of formation.
legal zoom inc file right@@MarvinTV1
Yes that’s what i like to use.
Hello marvin sir,
first of all thanks a lot cause of you're the one, who always care of the viewers comments i havye ever seen.
My question is ,I found some products on amazon which is profitable as your keepa searching criteria. But the problem is i have search many times to get distributor for them those products, Finally i got some of wholesaler of those products, But the problem when i calculate there wholesale price into the amz revenue calculator then i saw there is doesn't make me profit all of the products make me loss like $1.800 $ 2 like this. I want know why it is and what is the solution of this. Please tell me
The solution is just moving on to a product that is profitable. You can always try to negotiate with them as well but if its not profitable then we do not source it
I'am a new seller on amazon sir. As you respond all question Plesse response me too : Can i make a good profit throughout making relationship with supplier where getting approval From brand is so difficult.
Yes, relationships are huge in wholesale.
hi bro, ive following you since months., i just need a suggestion from u. i am going to start amazon wholesale , i have llc and business knowledge as well. so should i hire a professional VA at first? i think if i start with a professional it would be better to grow on my business. so please reply me
Absolutely not. Your VA will only be as good as you train them and if you’re brand new you won’t have the expertise to teach them. Take a few weeks to master supplier research and that can be quickly outsourced but outsourcing other things will take longer.
@@MarvinTV1 thnks bro, that means i need research more and open wholesale account with some suppliers first to be more confident.
@@RokanFahim yes more confident and your skills but also just more knowledgable in the process. Once you are, then you slowly start to outsource.
@@MarvinTV1 May God Bless you brother. even you are busy, still replying me . :)
you got this bro 👊🏼@@RokanFahim
@Marvin Bro, your video is Super, but unfortunately the voice is too low in most of your Videos, Please buy a nice microphone or send me your address, I will buy you ONE, I am damn serious.
lol I'll keep that in mind for the next video, thanks for letting me know.
Hey Marvin, does it make any difference if I open up LLC in any us states as per sales point of view. I know about the taxes how it works in Delaware but confused about the sales and profit
I'd talk to an accountant about it, I'm not an expert on business formation.
@@MarvinTV1 Sure thanks Marvin :)
We're in a recession and you're lying to people. We should be saving. The market is saturated and many are charging a ton to ship to the US.
ok
Someone doesn't know how the economy works... or amazon.
You got a poor person's mindset you gotta change your mindset in order to be successful
we are in a recession so we should be saving?? what type of logic is that. if we are in a recession you should have a portfolio of a variety of assets on a wide range that allows you to continue to build money through a recession.
Hey how can I contact you, I have a few questions I’m looking for guidance on.
DM me on IG or shoot me an email. Check the description of the video for the details.