Jeff - Amazon FBA
@FBAjeffrey
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I did my first million in sales through OA/RA.
I did my next 3 million in sales through wholesale/brand direct.
Any questions? Happy to answer 😃
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Another brand direct secured with order placed + net 30 terms 💆
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POV: you are paying off your vacation while on vacation 💆
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A common problem with new sellers is they prioritize margin over how fast the item sells.
Making 80% ROI but selling 40 units a month is objectively worse than an item at 30% ROI and 400 units sales a month. Money compounds
Amazon is a cash flow business. Cashflow is king 👑
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Sales below average yesterday but margins were great. Sundays are historically great for me too!
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Unpopular opinion: There is no reason you can’t get to 100k months on Amazon if you grind hard enough and reinvest all profits
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My Amazon Business has generated 93K USD profit in 2024 YTD.
Feb 2023 was when I decided to take Amazon FBA seriously and it has been one of the best decisions I have made. I have been through many ups and downs over the last year and had many questions/advice to ask along the
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Placed an order for 8 pallets of new inventory from new distributor. Will likely sell out in less than 3 weeks. 📈
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To succeed on Amazon, you are going to have to put in the work. You have to obsess over it. Learn all the little tips and tricks to give yourself an advantage over everyone else. This business model isn’t for lazy people. People who put in the work will inherently do better than
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Been exactly one year since I hit my first ever 10k day. Also one year since I had this crazy OA loop. Spent 10k to make 6k profit. This moment kickstarted everything.
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Always sourcing even on weekends. Jokes, I am 100% wholesale but helping teach a student how I would source as I started with OA/RA as well.
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Never force yourself to spend money on inventory. There will be periods where you won’t find any products worth buying.
This happens to all sellers and it’s important to stay patient and don’t become desperate by purchase items that don’t fit your buying criteria.
If you
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Been prioritizing margin lately. Still not where I’d like to be but getting there slowly. Hoping to get back to consistent 2k profit days. Also, haven’t done arbitrage in months but can’t pass up a good deal when I see one. $8k spent within 30 mins.
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Had to post this just because somebody made a bold accusation that I don’t do the numbers I say I do and only sell 100” units a month or some bs. I was also kicked off my best listing half way through the month because of authenticity and now product condition complaints but
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Just met my sales rep after spending 100k+ a month with them for 8 months straight. Turns out his kid is also selling on Amazon😂
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Never really understand why people buy lead lists. If you want success, you cannot take shortcuts, let alone have your business rely on a “list” you purchased from someone you never met for 100 dollars. Why not spend the time to actually learn how to source yourself?
The worst
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Some people in the Amazon space care too much about others. Just put your head down and grind. If your business is failing because of someone else, then it’s not a good business and your goal is to go and build a better foundation. Unethical and illegal behaviour happens in every
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If you are struggling to scale on Amazon it comes down to
- lack of sourcing ability
- you are prioritizing margin over inventory turnover
- taking too much money out of your business
- not sourcing enough
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As an Amazon seller, you always have to keep looking for new opportunities to grow and improve your business. Whether that is to expand your catalog, hire a new employee or VA, cut unnecessary costs. Step outside your comfort zone because the second you stop growing, you start
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I reprice every Wednesday and Sunday. How often do you reprice?
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New sellers are not the reason your Nike listings are price tanking. Yes, it’s the direct reason but imo it comes down to:
- listing doesn’t sell fast enough
- Sellers have credit cards to pay
- Your item is easy to find
Improve your product research skills!
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@RichiBucks
The answer varies but for me, I started with a retail store, and found few products. From those products I began storefront stalking and bookmarked all their stores and went down a deep rabbit hole. I would check them regularly to consistently find new items. Once capital became
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@eddiedoesfba
All through Google search and Smartscout. Contrary to belief, you only need 2/3 great suppliers to run up your bag. Though, most accounts opened are 🚮 in the beggining so harvesting those relationships would lead to your accounts being amazing.
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I am opening up 3 FREE 30 minute coach calls where you can ask me anything related to Amazon FBA to the first 3 people to send me a DM. Must be following
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Love to see it! One of my first students I took on hit his first 10k profit month with amazing margin within 2 months. 20k profit month up next for him. 🤩
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Amazon FBA is a marathon, not a sprint. In the beginning, your profits might not be a lot and may take time. Yet, embracing the idea of compound growth is key. Reinvest every penny back into your business, and over time, witness a snowball effect as your store gains momentum.
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Woke up to a product sold as used complaint. Impacting account health and honestly these are the worst types of complaints because customers say whatever they want to get items for free. Submitted all documentation, let’s see what Amazon says. Selling on Amazon is cool and moneys
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Returns higher than usual today but getting carried by one ASIN. The value of going deep.
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@DallasFBA
85% wholesale, 15% brand direct. Currently working with 3 brands directly, Ngl, brand direct a bit over rated IMO but still worth doing. Hardest part about transitioning is doing the work ie. email, call, follow up, going to distributors office. Another thing is learning from the
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I love Amazon seller support! Very professional of them. 🤣
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My 2024 Goals:
- 5M in Ecom Revenue (amz, walmart, etc.)
- Building out a crazy team and have systems in place
- Begin YouTube content and grow personal brand
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How to make your very first Amazon Sale:
1. Head to Walmart or an outlet store.
2. Use the SellerAmp app to scan products.
3. Purchase any product selling well and making a profit.
4. List it for sale with FBM.
5. Ship out the sale.
Keep repeating, and make that bag. 💰
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@YungBrews
Find the lowest price point on the keepa graph and determine if you can profit at that point. Obviously there’s other indicators to look for such as offer count and other tabs within keepa that can help. If your item is profitable, buy some and see. That’s the only way you can
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Margins down a few points from returns. Going to be a stronger Feb 🦾
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When that reimbursement hits. Been opening a bunch of cases for lost inbound shipments the last couple days.
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@Sam_FBA
The second has less risk and definitely less cash flow heavy for 100k @ 45% margin. Also, you deal with less returns, random Amazon bs and have more time to focus on other ventures. The 300k @ 15% is nicer to look at but I’d take 100k.
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Quick trip out the country. Glad to see sales coming in over the days I don’t work but back to work now. 💪
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Received 4 different violations in the last 2 weeks. Been fighting tooth and nail to have them cleared. Authenticity violation finally got removed, 3 more to go 🫡. Small W for today but back to work.
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@AlexDoesFBA
Submit screenshot of shipping confirmation and tracking. Also picture of you holding item if you can. That should help you clear violation.
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Failure is crucial towards building resilience, especially for new sellers. Many sellers are starting to realize that success on Amazon takes time, yet there are still thousands who mistakenly believe it's a quick path to wealth and seek shortcuts leading to failure.
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@Yusuf061524
There’s a bunch of different strategies. My suggestion is to pick one of them and spend hours finding suppliers. Last thing you want to do is switch between strategies every couple days.
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@parkerbiederer
Unsustainable. Your sales increase or decrease based on holiday deals. You won’t make money if you don’t source. You are competing with new sellers ie. price tankers, fraud etc. Why play the game with people who don’t know what they are doing. Entry of barrier too low.
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Upcoming dates to note:
- February 14th: Valentine’s Day
- March 8th: International Women’s Day
- March 17th: St. Patrick’s Day
- March 31st: Easter
Expect lots of items going on discount from retail chains during these periods. 💰
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@ArbitrageOps
I find DSamazonQuickview to be amazing for product research. Speeds up the process as you do not need to click into each listing. And free!
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@mooreflippin
You got this 💪. If you did nothing wrong, do what you can and everything will fix itself.
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What are the best softwares to use for Amazon Australia marketplace?
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The epitome of money twitter. People spend 3 hours trying to dig into someone else’s business only to find out they running laps around them so they get jealous and hate.
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There will come a time in your amazon journey where you are simply spending too much time during the day prepping and shipping. You will either consider a prep center or a warehouse location to facilitate this growth. Unless you plan of having employees come to your house
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Starting Amazon FBA as a side-hustle while working a full-time job can be a strategic approach. It allows you to test the waters and invest your earnings wisely into profitable inventory. Managing a few hours for your own business alongside your job can be a viable way to grow.
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Apparently inaunthentic claims are being reviewed my bots?? Submitted all info and within 30 mins got back onto the listing.
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@lilwpinoyjkr
@HustlingOscar
Yep 100%. I forgot to mention receiving pallets of inventory makes life even harder
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I’m speaking from experience. I purchased a list once, but not to use. It was to get a scope on what types of products sell. Regardless, the products were slow selling or had rising offer count. Never met anyone who was doing good numbers relying on a list.
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I began selling on Amazon because of:
- The opportunity to reach millions of customers
- No need for a physical store
- Earning money in my sleep
- The ability to sell internationally. I sell in Canadian and US marketplaces
Amazon FBA really is a once in a lifetime opportunity
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@DKSFBA
Knowing that there’s people out working me and making more progress that day makes me want to work too. A bit toxic but I’m super competitive.
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One trait I've realized in successful individuals is their efficient use of time.
Got a new business idea?
Plan. Take action. Get it done.
While most people would procrastinate for months, successful individuals understand the importance of swift action. Speed creates success.
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Update: Messaged the buyer and got them to admit it’s damaged and not used.
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@Jimbob777675
Yes and no. RA is really effective if you put in the effort to find products from retail stores that don’t come to mind first. That way there will only be local competition and not market competition. Finding products from big name stores just isn’t that affective.
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What is your refund high score? Every time I opened my email I saw a refund 🤕
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@sourceshipsell
Build up a list of potential leads. Reach out to all of them on the same day. Respond/ chat with them/ fill out forms. Follow up 3/4 days later to the ones with no response. Follow up again and again
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@raj_fba
@HustlingOscar
The Amazon info space ruined by furus sadly. Important to fully vet out your mentor first!
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@HustlingOscar
Regardless, it’s better to have more potential accounts to order from than not. Also, the opportunities of a commercial address is endless. Turns out my neighbour is a supplier and I’ve began buying stuff from them too. 😃
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You win some you lose some. Sold this brand for 2 months and was quite good.
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@Im_Forever_Yurz
Pick a niche and keep looking into it until you open accounts. No point switching between niches everyday.
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@samboerad
Amazon policy violations and getting kicked off listings. One of the biggest flaws right now with Amazon as they listen very carefully to customer complaints whether it be true or false. Don’t be shady and take shortcuts so when these policies happen, you have nothing to be
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Anyone had this before? Does this mean I’m approved or rejected😂😭
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@Sam_FBA
Outsource tasks that you believe can be replicated at 70% capacity and time consuming tasks. Things like packing, tracking/ repricing inventory, or a lot of the tedious bank end tasks.
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4) Learn the basics of effective sourcing strategies. Sales comes down to sourcing great products. Your focus should be to master this skill.
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As an Amazon seller, I've realized that staying consistent is crucial.
If you don't see immediate success, don't be disheartened – think of it as a marathon, not a sprint.
Keep putting in the effort, and success will gradually materialize. 💼🏃♂️
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@Sam_FBA
Option 1 better because if you go either option 2, if the seller is smart they’ll eventually ask for lower pricing
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1: Retail Arbitrage (RA). A beginner friendly model as you look for deals and steals inside retail stores to make a profit.
Pros: easy to start and only competing with other local sellers in your area.
Cons: Difficult to purchase large volumes.
Scalability: 0-50k in sales
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@AlexDoesFBA
Still in review. But if they don’t, I’ll just attach the same, but with invoices etc. just trying to clear it asap, got hundreds of stranded inventory and it’s my best ASIN too.
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Follow for tips and tricks on how you can grow your Amazon business to 7 figures!
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@raj_fba
@CajuaRobinson
I watched a video on this before. I think it was selling books and then Amazon connecting all his accounts if it’s the same guy.
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Here are 4 key strategies I used to quickly grow my Amazon FBA Business to $3 Million a year:
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