Cheers bro - more vids on amazon FBA are coming. I try and avoid retail arbitrage just because it’s less convenient for me at the moment, and thats a big factor for me starting FBA is due to the fact it’s fairly passive.
So out of the £103 profit, you didnt include the £30 amazon fee, the tool kit fee, the price of the label sheets, packaging materials or the UPS fees to ship to amazon. Not to mention the petrol costs of going to the stores. I make it a loss after all that. In other words, it needs to be scaled up considerably to be even on a minimum wage when broken down to hours spent to make this worthwhile. Good video though well.presented.
Yes there is those additional fees and i mentioned that at the end of the video. It is very easy to scale this business and the sake of this video is to explain the process more than maximising profits.
Depends on the wholesaler. A lot of them have minimum spend of £500-1k plus. You can find some wholesalers that will allow smaller orders but they generally ask for subscription fees, or they’re suppliers who you have to build trust with first.
Just some advice for anyone doing this you can send different products in the same box and different skus! To save on packaging and shipping costs
Keep up the good work bro!
Cheers mate!!
Thank you. Very honest.
Good luck!
Cheers Mark, appreciate the support buddy.
nice vid bro we need more. can you record your self going to store
Cheers bro - more vids on amazon FBA are coming. I try and avoid retail arbitrage just because it’s less convenient for me at the moment, and thats a big factor for me starting FBA is due to the fact it’s fairly passive.
Good vid. Thanks 🙏🏼
Do you have set up your seller account as a company before you can send products to a fulfilment centre?
Thank you!
You don’t have to be. You can be a sole trader to start selling on amazon.
Hope this helps!
Well done lad #THC
Cheers mate!!
Good Video for future videos might be a good idea not to say where you source the product
Cheers mate! Yeah i think you’re right 👍
Did amazon ask you invoice for those products? Most retail brands are gated in Amazon at first and amazon need invoice of 10 items.
Yes and no, depends on the product. Getting invoices is easy if you just email the supplier they normally send you one via email
Do Amazon provide the individual labels/barcodes for your items?
You can label the products yourself before sending them in. If you choose to let Amazon label the products for you, it costs around £0.20 per unit.
So out of the £103 profit, you didnt include the £30 amazon fee, the tool kit fee, the price of the label sheets, packaging materials or the UPS fees to ship to amazon. Not to mention the petrol costs of going to the stores. I make it a loss after all that. In other words, it needs to be scaled up considerably to be even on a minimum wage when broken down to hours spent to make this worthwhile.
Good video though well.presented.
Yes there is those additional fees and i mentioned that at the end of the video. It is very easy to scale this business and the sake of this video is to explain the process more than maximising profits.
Not just about ROI, think about your GP and NP
Definitely, im trying to maximise all three.
What camera did you used bruv?
Canon eos m50 mark ii
Why do you need 2-5k for FBA wholesale? Cant you just buy 100 units and send them in? Cant be that expensive right ._.
Depends on the wholesaler. A lot of them have minimum spend of £500-1k plus. You can find some wholesalers that will allow smaller orders but they generally ask for subscription fees, or they’re suppliers who you have to build trust with first.