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Amazon FBA

Discussion in 'Making Money' started by seanmish, Apr 4, 2017.

  1. seanmish

    seanmish Newbie

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    Hi there!
    I want to open an amazon store, which will be FBA. As I'm not a US resident, FBA is the best solution for me for selling on amazon. I just don't know if I should find a product somewhere, and ship it directly to amazon, or ship it to me first and then to amazon?
    Is there any guidance for newbies on selling on amazon FBA? What I should and shouldn't do?

    TY very much!
     
  2. SmoothKriminal

    SmoothKriminal Newbie

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    I'm no expert on FBA but from what I have researched myself I think the point of FBA is to have product shipped directly from manufacturer to Amazon fulfillment. When you have suppliers ship to you then to amazon, you are unnecessarily paying extra $$$ for shipping.

    When you buy your stock, you can hire an inspector to ensure that the product is legit and in good condition before it is shipped to amazon fulfillment centers.

    From there Amazon ships according to customer orders.

    Again, I am no expert on FBA, just someone who was once interested in it and gained some knowledge.
     
  3. seanmish

    seanmish Newbie

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    Understood, thank you for the comment!
    So I can ship it directly to amazon and they will handle everything? There's no limit time for selling the product?
    You know where I can see how much would it really cost me with the fees and how much should I ask for an item?

    Thanks.
     
  4. Aehs01

    Aehs01 Jr. VIP Jr. VIP

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    There are lots of free resources out there on FBA, Ideally you want to inspect your products prior to sending them to Amazon.
     
  5. seanmish

    seanmish Newbie

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    Do you mind drawing my attention to those resources?
     
  6. MisterF

    MisterF Jr. VIP Jr. VIP

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  7. malakaka

    malakaka Junior Member

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    If the manufacturer sends directly to Amazon, you will pay a bit extra to attach the Amazon labels or for any needed packaging. By packaging I mean things that you buy in bulk like USB cables. Somebody needs to put those in plastic bags or something.

    Things that you can send in directly are those you find at second hand stores, garage sales, or retail clearance sales (retail arbitrage). The tough part, I understand from research, is finding items. You can easily spend hours searching locally for items to sell, so some sellers turn to overstock pallets or private labeling Chinese junk.

    I didn't get fully into it because I sold my account. The ideas I found were things I already used locally. I checked the prices on things I bought and found a couple of items that I could buy endlessly and resell for a bit of profit as part of a diversified inventory. Most people don't give concrete examples because it crashes the market, but I'll give you one: quality markers (e.g. Faber Castell) that I buy at the local university cost $5 or $6 for a package. The same package sells on Amazon for $12+. It seems like small profit after fees, but if you have many such items selling every day, it can add up. They are small to ship, inexpensive to buy, and always in stock. If you can find the wholesaler, you'll do even better.

    If you are overseas, you must consider the cost of shipping to Amazon. See if there is something locally that people want. If it is not already available on Amazon, you can buy UPC codes for it and list it yourself (or try GTIN exception). Use the Amazon seller app to scan items before you buy anything because some things are restricted, like certain brand names or movies. You will see the fees in the Amazon seller app, but not shipping. The fees are high, but they store the item, box it, and ship it. If the item does not sell after a few months (?) they charge more fees for storage or you must pay to return the item to you or pay to destroy the item.
     
    Last edited: Apr 5, 2017
  8. seanmish

    seanmish Newbie

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    Thank you for the articles MisterF!
    https://www.blackhatworld.com/members/malakaka.1028393/ - Thank you for the information! So by selling cheap markers you still made nice profit? I mean, if you find a nice product, it may sell more than one time a day? Selling rates are higher than ebay?
     
  9. BWInTune

    BWInTune Newbie

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    Thanks for the info!