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GROWMYINSTA's Amazon Journey!

Discussion in 'My Journey Discussions' started by growmyinsta, Jul 21, 2015.

  1. growmyinsta

    growmyinsta BANNED BANNED

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    I know most people on here know me for owning growmyinsta but I wanted to share something with you guys that I've been messing with as a side project.

    Overview:

    - A lot of my fellow SEO colleagues/Social Media client have gotten out of their particular market over the last year and moved on to opening an Amazon store and making a bank.

    - Amazon offers a program called FBA, or, Fullfillment By Amazon (some of you already know this). All you have to do is send your product to an Amazon shipping center, and Amazon will source, ship and deliver ALL of your products.

    - This basically means drop shipping but with much better margins, much easier to set up AND you get to sell through the Amazon fulfillment engine (aka in the Amazon store that MARKETS itself).

    - Using websites like DH Gate you can find goods in large bulk for ridiculous cheap (and pretty damn good quality too) and have them shipped to you. Then, you send them to Amazon who manages inventory for you. All you have to do is go out and market your Amazon store.

    - So, knowing what I know about marketing, I decided I had to give it a shot. I 100% plan on sharing the entire journey with you guys, even if I fail miserably (hopefully you can learn from my mistakes).

    Here's what I've done so far:

    1. Hunted for a product to sell, I did A LOT of research on this because I know that your niche is more than half of the battle. I read a lot of blogs and podcasts that pretty much told me this:

    a. Make sure the product is small and light. That makes it easier and cheaper to ship.

    b. Make sure the product doesn't require assembly or complicated parts. The more complicated the product (i.e. a baby stroller) the higher the quality needs to be. Don't forget that people can return items and really fuck you over with bad reviews.

    c. Bad reviews will kill you, good ones will make you (you can't be successful without good reviews).

    I ended up settling on a small/unisex bag.

    Here's why:

    aa. They're small, easy to make, easy to get good quality, high search demand and relatively un competitive.
    ab. I'm part of the basement/waveygarms group on Facebook (250,000+ group), so when it comes to marketing the product, I'll be able to guest post on major sites and stuff.
    ac. They're easy to "white label". In other words, you can easily slap your logo on them and build your own brand.

    2. Found the product and got samples:

    - I went to DH Gate and searched for reputable vendors (filtered by reviews, etc). I found dozens of suppliers who created the exact bag I was looking for. I sent them all messages and asked for samples.


    - They were SUPER responsive and spoke perfect English (even though they're in China).


    - I ordered a handful of samples from 4 vendors and they just got here today (took about 4 days).


    - I plan to brand the namnd create my own line of "premium" messenger bag, targeting people who wear Nike, Adidas, Puma (sport brands), etc.

    I plan to record ALL of this journey for you guys - I want as many people to follow along too.
     
    • Thanks Thanks x 6
  2. eXampL

    eXampL Power Member

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    Good luck with your journey mate!
     
  3. dgusic

    dgusic Regular Member

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    Oh, good luck there!

    A question since I am in e-commerce too if you don't mind. What do you plan to spend on the first batch on the inventory as finding white label stuff is easy, but overhead costs might be high?
     
  4. Blackwindow

    Blackwindow Junior Member

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    good luck on your journey.
     
  5. hekke

    hekke Senior Member

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    This is something that I've wanted to do for a long time. Might start to look into this later on this year when I got some more free time. I will for sure be following your journey! :)

    Best of luck!
     
  6. gh0st_0

    gh0st_0 Senior Member

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    Good luck man and thanks for sharing this i might try this as well but im not sure how it works for European country's.... :/
     
  7. growmyinsta

    growmyinsta BANNED BANNED

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    Update:

    I just wanted to let you know i've put a main order in! Screen Shot 2015-07-22 at 17.41.59.jpg

    I've ordered 30 items for $180 (including postage), roughly $6 per bag.

    Really excited about this project and will keep you all updated :)
     
  8. Richnhappy

    Richnhappy Regular Member

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    Good luck for your journey op, keep updating.
     
  9. growmyinsta

    growmyinsta BANNED BANNED

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    Thanks!

    I just ordered $180 worth of stock (free postage), will see how it goes.

    Thanks!

    Thanks a lot, good luck for when you start!

    Thanks!

    Thanks! Will do :)
     
  10. vickyjain1

    vickyjain1 Registered Member

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    All the best buddy :)
     
  11. growmyinsta

    growmyinsta BANNED BANNED

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    Cheers! :You_Rock_
     
  12. weshare

    weshare Registered Member

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    Try banggood[dot]com. They accept paypal and easy to dropship stuff
     
  13. CarloTav

    CarloTav Junior Member

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    Good luck on the journey! Following.
     
  14. 7th Sense

    7th Sense Jr. VIP Jr. VIP

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    Good luck with your journey mate...
     
  15. growmyinsta

    growmyinsta BANNED BANNED

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    Thanks, ill take a look at it!

    Thanks man!

    Much appreciated!
     
  16. growmyinsta

    growmyinsta BANNED BANNED

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    Update:

    2015-07-25 14:00 SHANGHAI Posting
    2015-07-25 16:20:05 SHANGHAI Despatch from Sorting Center
    2015-07-25 20:52:57 SHANGHAI Arrival at Sorting Center
    2015-07-25 23:10 SHANGHAI Despatch from Sorting Center
     
  17. Moradew

    Moradew Newbie

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    Sounds good, and all the best. Any updates? really interested to see how profitable it can be.