If you've been thinking about becoming an Amazon FBA seller, read this first.

Inside this blog, Tatiana and I talk about what it ACTUALLY costs to start selling on Amazon in 2022.

Tatiana and I have both built successful Amazon businesses. On top of that, we've worked with thousands of people to help them build their own Amazon businesses.

We want to help you avoid unexpected Amazon costs and set you up for success from the onset.

Keep reading to get a detailed breakdown of the expenses involved in setting up an Amazon FBA business!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://stream.redcircle.com/episodes/d2daf2d9-e66a-4285-a873-03474c1e655a/stream.mp3″ background=”default” ]

Do you want to know what the criteria are for finding profitable products to sell on Amazon FBA? CLICK HERE to get instant access to my FREE 4-part Amazon FBA training series!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Let's talk about the cost of selling on Amazon FBA.

Oftentimes, cost is the one thing that holds a lot of people back from selling on Amazon. When you're first building an Amazon business, there are a lot of unknowns. Tatiana and I have been in the Amazon game for a long time now. Based on our experiences, we know what works and what doesn't.

We want to help accelerate your success as an entrepreneur so that you don't have to make the same mistakes that we made. Tatiana and I have a good grasp of how much money it will cost you, on average, to build an Amazon business. However, keep in mind that there are variables that come into play.

Thus, we can't give you an exact amount. How much it will cost will be based on the product that you choose, how much inventory that you order, and/or how much money you want to invest into marketing.

That being said, we can still give you a rough estimate of what we would recommend. Let's dive in!

Mandatory costs for Amazon FBA

1. Amazon Membership Fee

The first expense will be your membership fee. If you want to sell on Amazon, that comes at a cost. There are two options when signing up for an account – individual or professional. An individual account means that you're still going to be paying a per-item fee for every product that you sell on Amazon.

A professional account has a recurring monthly fee of $39.99. You have to pay this regardless if you are making sales on Amazon or not. We recommend that you opt for a professional account.

If you do the math, it doesn't make sense to pay the per-unit cost. It ends up costing you more than $39.99 per month. Also, when you sign up as a professional you receive a lot of benefits.

2. Purchase Samples

Once you've decided on the product that you want to sell, you need to contact your suppliers and purchase samples from them. Make sure that you get the samples. It's not enough to just view the product online, even if you see a video of the product.

You need to inspect the product to ensure that it is high-quality. If you're planning on selling a low-quality product on Amazon because it costs less you're not going to be around for long. There is a lot of competition on Amazon. Successful Amazon sellers have the best quality products.

We recommend getting samples from three different suppliers.

Once you've narrowed down your list to the top 3 suppliers, request one sample from each supplier. Sometimes suppliers will give you a sample for free. However, you will still have to pay for shipping. Conversely, some suppliers may charge you for a sample, and you will also have to pay for shipping.

If suppliers charge you, you can expect to pay roughly $150 for 3 samples. However, you can negotiate with the suppliers. In addition to this, we suggest that you buy your competitors' products on Amazon. Choose the best sellers for the product that you wish to sell.

This will allow you to inspect their products, which you can then compare to the samples you receive from suppliers. Ultimately, the goal is to compare your samples to what is already selling well on Amazon.

3. Purchase Inventory

When it comes to purchasing inventory, it's hard to give you an accurate estimate of how much that will cost. It all depends on the product that you choose to sell. If you source a product for $25 per unit, your inventory will cost you more than a product that sources for $2 per unit.

With our experience, on average, we have found that $5 per unit is what you can expect to pay. With every supplier, they will have something called an MOQ, which stands for Minimum Order Quantity. This is the minimum inventory order that you can make. It ranges from 100 to 500 to 1,000 units. This is something that you can negotiate with your suppliers.

As a beginner, you don't want to order a lot of inventory. You haven't yet proven your concept. It's risky to spend thousands of dollars on inventory when you have yet to make a sale on Amazon. Typically, you want to order a smaller quantity of units.

However, not so small to the point where you run out of stock on Amazon before you can even get a new inventory order. As an example, if your minimum order is 500 units, at $5 per unit, your inventory would cost $2,500. If you're going to start with less than that, it will be a lot harder to grow your Amazon business.

4. Design Your Product Artwork

Next, you want to think about artwork, in particular, your product packaging and your logo. You can go inexpensive or high-end. It all depends on what your budget is. There is a great website called Fiverr where you can find inexpensive, high-quality designers.

For example, you can get a designer to do your product packing for $25, and that will include revisions. For your logo, you can get 3 logo concepts for $15. Tatiana uses this website for all of her product packaging designs.

The key with Fiverr is that you have to have a clear idea going into it. If you can tell designers exactly what you want, it will help them create a higher quality result. On top of that, it will require fewer revisions.

5. Create Your Amazon Product Photos

Your Amazon photos for your listing are equivalent to the packaging of a retail product. This is why it's so important to have high-quality photos. In retail, people can use their hands and senses to fully experience the product.

However, when people are making a purchase online, they are losing a part of the experience. If you decide to go low end, you can take the photos yourself and send those photos to a graphic designer on Fiverr. You can have the designer photoshop your photos to make them look perfect for Amazon. That will cost you roughly $100 for 5 photos on Amazon.

Conversely, you can go high-end.

This would mean ordering the products from a manufacturer and then sending them to a product photography service. They can create lifestyle photos and hire models to model your product for you. That can cost you roughly $1,200. When it comes to photography, we wouldn't suggest that you cheap out.

Your main image is the first thing that people see when they are scrolling through listings. Make sure you add text to your images. If there is anything that you want to convey to your prospective customers, make sure it's there. A lot of people don't read the description or the bullet points, but they always look at the images.

6. Purchase A Barcode

To set up your Amazon listing, you will need to get a barcode inside Amazon Seller Central. In their terms of service, Amazon only approves barcodes from one platform called GS1. For 1-10 barcodes it costs $250.

7. Ship Your Product

When it comes to shipping your product, the cost will depend on where in the world you are manufacturing your product. If it's local, the shipping cost will be less. You will just have to pay for tracking charges. However, if you're shipping your product from overseas, the cost will be more.

It's less expensive to ship a product by sea (60 cents/kilo or 27 cents/pound). However, it will take you longer to receive the product. Anywhere from 1-3 months.

Conversely, if you ship a product by air, it will be quicker (one week) but more expensive (anywhere between $3.18/pound or $7 per kilo). We would recommend shipping by air because time is money and there are fewer logistics involved.

8. Turn on PPC-Sponsored Ads

Amazon has a built-in advertising platform. We highly recommend that you take advantage of this and turn on the PPC-sponsored ads. When you first launch a product, you will be ranked on page 15 or 20 of the Amazon search. Most people don't browse past the first two pages of results.

Sponsored ads help your product get seen in different ad placements. This will help you gain exposure. How much advertising will cost will depend on what your strategy is. The only way to figure that out is by playing around.

Throw some money at different keywords and figure out which ones work and which ones don't. That can cost you hundreds, if not thousands of dollars. Roughly, $200 is the bare minimum to play around with your ads.

Amazon gives you a boost right of the gate with your first product. This is why you want to take advantage of your product launch and put some money into the marketing of it. You could have the best product in the world, but if nobody sees it, then nobody is going to buy it.

Taking all of the above costs into account, the total mandatory cost would be around $3,680.

Optional costs 

1. Purchase A Product Research Tool

There are a lot of tools online to support Amazon sellers. These tools didn't exist when we first started our Amazon journey. Two of the most popular product research tools that we would recommend are Jungle Scout and Helium 10. Their filter system allows you to find very unique products.

If you don't have a tool for this part of the process, you'll have to do it manually. This means that you will be more prone to human error. Furthermore, the process will be more time-consuming and you will be less likely to find the golden nugget products.

I have a 25% discount if you purchase Jungle Scout. You'll pay roughly $149 for a 3-month Jungle Scout membership. Conversely, you can get 50% off your first month with Helium 10.

To be honest, I wouldn't consider starting an Amazon business without using a product research tool.

2. Purchase An Amazon Training Program 

Tatiana and I accelerate our success by investing in ourselves. We would recommend that you find a program that can teach you, step by step, how to sell on Amazon. I can't imagine starting an Amazon business without any kind of direction.

The Amazon business process is simple, but the devil is in the details, so to speak. There's a lot that you don't know. A high-quality Amazon training program can cost anywhere from $1,000-$5,000. Yes, you can build a business without a program.

However, it will be a lot more challenging and time-consuming. Oftentimes, this is the reason why a lot of people give up. When you have guidance, direction, and a blueprint for success, it gives you unwavering confidence.

3. Get An Amazon FBA Inspection

When you are sourcing with a supplier for the very first time you have yet to establish a level of trust with them. It's important to have your products inspected by a third-party inspection company.

This company will go to your manufacturer and inspect the order themselves to ensure that it meets your standards. They can inspect 10%, 50%, or 100% of the order. It's up to you. The order will either pass inspection or it will fail.

If it fails, you will have leverage because the products won't have left the manufacturing facility. On top of that, you won't have paid the remaining balance.

When you're placing your order with the manufacturer, you only want to send a 30% deposit. This is enough for them to get started with the manufacturing. Once they're done manufacturing and they've passed the inspection, you can pay the remaining 70% balance before they ship the products to you.

Keep in mind that you don't have to get an inspection every single time that you place an order. Rather, it's just for the first couple of times. It costs roughly $300 to get your products inspected by a third-party company.

4. Hire a Freight Forwarder

A freight forwarder will help you organize your shipment, from A to B. It will give you peace of mind that your products will arrive safely. Whether you are using them for a sea or an air shipment, they will handle all of the logistics of that process.

This is important because there is paperwork, bonds, and duties that need to be paid. The broker fee is minimal. It's usually around $120.

5. Paying For Additional Product Launch Costs

Once you launch your product on Amazon, there may be additional costs that you will need to take into account. An example of this would be Facebook ads.

Taking advantage of ads is a great way to get additional exposure off of Amazon. You don't just want to rely on your Amazon PPC. Plus, Amazon likes it when you send traffic to them from other platforms. The cost will depend on what you are willing to spend.

6. Trademark Your Product

This is optional. You don't have to trademark your brand, but it could be favorable for you to do so. It protects your brand name so that others can't use it. Moreover, there are benefits on Amazon to trade marketing. In particular, you can apply for a brand registry.

On Amazon, you will notice that some products have beautiful and well-laid-out listings, with photos and videos. Those people have “enhanced brand content.” They get that because they have a brand registry. Not only is it going to give you a nicer-looking listing, but it can also help protect you from highjackers.

If you live in the U.S., you can file a trademark yourself. It costs $225 per official class. However, if you live internationally, you may have to hire an attorney to file it for you.

Keep in mind that you can hire an attorney on Fiverr to create the trademark for you and then submit it on your own! If you want to take things one step further, you can set up an LLC for your Amazon business. Of course, there will be additional costs associated with doing this.

This is how much it ACTUALLY costs to sell on Amazon FBA in 2022.

I hope that the knowledge that we shared inside this blog has helped you determine whether or not an Amazon FBA business is the right fit for you.

Tatiana is an Amazon expert. She specializes in helping people create financial freedom through building epic eCommerce businesses on Amazon & Shopify. If you're serious about building an Amazon business, I highly recommend that you subscribe to her YouTube channel and follow her on Instagram.

Selling on Amazon is the best opportunity to create financial freedom. Don't wait. Make 2021 the year when you take action and start building your dream life.

Do you want to know what the criteria are for finding profitable products to sell on Amazon FBA? CLICK HERE to get instant access to my FREE 4-part Amazon FBA training series!

This Amazon seller makes $300 per day selling on Amazon.

I recently had the opportunity to interview a walking success story who goes by the name Khabeer. He is a fan of Project Life Mastery and my fiancée Tatiana.

After watching all of Tatiana's Amazon videos on her YouTube channel, and was inspired to start an Amazon business.

He took massive action and decided to sign up for Marketplace Superheroes. This a step-by-step program that teaches you how to find simple, low competition, high-profit products and sell them globally on Amazon.

Since going through the program, his business has taken off and he's never looked back.

If you want to discover how Khabeer makes $300 per day selling on Amazon, check out this interview!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/8280218-plm-858-how-he-makes-300-per-day-selling-on-amazon.mp3″ background=”default” ]

Are you ready to build a 5-7 figure global Amazon business? CLICK HERE to discover how Marketplace Superheroes can help you achieve this goal!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

I have been witness to so many inspiring Amazon success stories.

The Amazon marketplace has 9.8 million total sellers worldwide. These are normal people, just like yourself who have been able to transform their lives using the power of Amazon.

The more success stories that I share with you, the more inspired that you will be to start your selling journey. If they can create massive success, so can you. Let's dive into Khabeer's inspiring Amazon story!

How did you discover selling on Amazon? What has your journey been like?

I discovered selling on Amazon in December 2019. At the time, I was doing contract work. However, with the onset of the COVID-19 pandemic, a lot of my contracts were coming to an end. I wanted to take the opportunity to focus on something new and create a passive income stream.

I started exploring different business models. Eventually, I came across Tatiana's YouTube channel. I watched all of her videos and became very inspired to start an Amazon business. Because I was already an avid Amazon seller, I knew there was a lot of demand on Amazon.

With people being stuck at home because of the pandemic, the decision to start an Amazon business was a no-brainer. I knew that more people were shopping online because they were forced to. Initially, I was looking at doing retail arbitrage.

In the end, I resonated most with the Amazon FBA model.

I like the idea of private labeling. When I was watching Tatiana's Amazon FBA videos, the one thing that stood out to me was when she spoke about Marketplace Superheroes' amazing scoring system. Knowing that this resource was available gave me more confidence in my Amazon journey.

I haven't looked back since I started in December 2019. In April of 2020, I joined their coaching program. My coach gave me a kick in the bum and I launched three products all at once! Since then, it's been manic.

On average, I'm making about $300 a day selling 3 products in the U.S. Recently I've expanded into the UK. I plan to eventually sell in Australia and Canada. I've got 4 more products on the way. I'm excited for the second half of this year.

How has Marketplace Superheroes helped you get to where you are now?

Marketplace Superheroes has a lot of great content, but the one thing that has benefitted me the most is the amazing community that comes with it. There is a Facebook group that you get access to as part of purchasing the program.

Within that group, all of your questions are answered.

If there is anything that changes with Amazon's terms, policies, or shipping details (which happens regularly), Marketplace Superheroes are the first to communicate those changes. If you invest in them, they invest in you.

What was your mindset around starting with three products? Did one product take off more than the others did?

At the time, I was working with my amazing Amazon coach who gave me the confidence to launch all three products at once. I knew that if I wanted to achieve my financial goals quicker, I had to invest more at the onset. One of the three products flew off the shelves.

At the time, I was getting 80-90 sales per day. As a result, I ended up neglecting my other two products. The irony is that the product that wasn't selling as well ended up giving me more longevity because it was selling more evergreen. At the end of the day, you need to look at the bigger picture.

Marketplace Superheroes encourages you to sell as many products as you can. Naturally, if you only have two products, you will stress out if one isn't doing well. However, if you have 10-15 products, it won't be as much of an issue if a few don't do well.

What advice would you give to someone who is just getting started?

Marketplace Superheroes encourages people to sell on as many marketplaces as they can. At the moment, I'm selling in the UK and the U.S. However, moving forward all of my products will be selling in Canada, Europe, and Australia. As part of Europe, you get access to seven countries.

There are more and more marketplaces that are opening up all around the world.

With more and more businesses going online due to the pandemic, I feel that Amazon is the best eCommerce business to invest in. Amazon has over 60 million products in its catalog.

You are guaranteed to find a product there that you can sell and make money from. It's the best thing that I've ever done. I hope that a lot more people get to experience the success that I have.

This is how Khabeer makes $300 per day selling on Amazon.

Ideally, the best time to start selling on Amazon was yesterday! Don't wait one day longer. The eCommerce world is booming. Now is the time to capitalize on Amazon's ever-growing platform.

Are you ready to build a 5-7 figure global Amazon business? CLICK HERE to discover how Marketplace Superheroes can help you achieve this goal!

He lost his job… then went on to do $30 million in Amazon sales.

The guy I'm talking about is Dan Meadors. He and his partner, Dylan Frost, are very successful Amazon sellers.

They are founders of The Wholesale Formula, a training program that teaches people a step-by-step system for how to sell wholesale with Amazon FBA.

To date, their students have sold over $500 million on Amazon. Results don't lie. Their method is the real deal.

Here's the unique part about Dan and Dylan's story… they did not make their money in the way that most people on Amazon do. 

Curious how they were able to make $30 MILLION using the power of Amazon? Listen to Dan!

Watch the video below:

(Click here to watch on YouTube) 

[smart_track_player url=”https://www.buzzsprout.com/9299/7820527-plm-842-he-lost-his-job-then-went-on-to-do-30-million-in-amazon-sales.mp3″ background=”default” ]

Are you ready to discover how to build a 7-figure Amazon wholesale business? CLICK HERE to join Dylan and Dan's upcoming FREE Live Wholesale Formula workshop!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Amazon wholesale vs. private label

If you're familiar with the content that I publish on my blog and YouTube channel you know that I talk a lot about private labeling for Amazon FBA. A private label product is one that a retailer gets produced by a third-party but sells under its own brand name. This is one way to make money on Amazon. It's one of the most popular and common ways to sell on Amazon.

However, it is not the way that Dan and Dylan made $30 million in Amazon sales. They discovered a way to sell on Amazon that is less risky, requires less money, and is more beginner-friendly. If you're a private label seller, you can still implement this method in your Amazon business or replace it altogether. It sounds too good to be true, but it isn't.

In our interview, Dan shares his story and goes into detail about the method that he and Dylan used to make $30 million in Amazon sales. Let's dive in!

Can you share how you got started selling on Amazon and how you came to develop this method?

It was a long road. I think that is the case with a lot of businesses. You get in and the field clears as you start moving along. That was the case for Dylan and me. I've always been interested in selling things, regardless of what they are. I started selling on eBay when I was in college. That's how I paid for school.

Eventually, I had a video game store on eBay.

I was selling $80,000-100,000 per year on eBay. When I graduated, I got started with a company that sold toys and games online. I did that job for years. One of my good friends was the CFO of the company. He had started a side project where he would sell stuff on Amazon. 

I had no idea that this was a thing. Six to eight months later he came into work and said, “Yeah man, I'm going to turn in my notice today.” I couldn't believe it! He had a 6-figure job at the company. It was a great position. However, he admitted to me that he was making more money sitting at home in his underwear selling on Amazon than he was at work.

He educated me on retail arbitrage. I remember the first product that I sold on Amazon. Back then, I was in Walmart scanning the various toys. I came across a pack of Disney cards that were selling in the store for $2.75, but they were selling on Amazon for $15. 

I bought the cards and resold them on Amazon. From that moment onward, I knew that I had to learn more about Amazon. If you actively look for opportunities, opportunities will find you when you need them most.

We started our business in July 2011. By September, we were doing $50,000 in sales.

Keep in mind that I started the business with a $600 credit card. Unfortunately, disaster struck in December. I got fired from my job, I had a brand new baby girl and a lot of bills to pay. 

It's fair to say that I was overwhelmed. I went to my office that I was renting at the time, sat there and I cried for 3 hours. What can I say, I was terrified to tell my wife. I went home and told her that I quit my job and that I was going to take on the Amazon opportunity, full-time.

At the time, I didn't necessarily believe that it was possible, but I really wanted it to work. I worked 70-80 hours per week on my Amazon business. Over the next year, Dylan and I did $850,000 in sales with retail arbitrage. The next year we did $920,000 in sales. I couldn't work more if I tried. It was during this time that it hit me… I was hardly spending any time with my family.

I knew that we had to make a change.

We started a retail store to sell specialty games. That business failed. Eventually, we sold it. After that, we got into private labeling. I think private labeling is great, but there is a subset of skills that you need to have to be good at it.

Our first product was great. It took off and did really well. However, as soon as other Amazon sellers came in, we couldn't fight back.  That's when we found wholesale. 

Can you share more about how the reverse sourcing wholesaling model works?

Wholesale is incredibly common. There are 1,000 ways to do it. The more traditional model involves going to a distributor or a wholesaler, buying products at wholesale prices, and selling them retail. That method didn't work for us.

What we do is the reverse of what has always been taught in the industry. We start with finding a product that we think will perform well or that we can do well with. After that, we take action to find out who makes it. From there, we set up a relationship with a brand owner. 

The focus of our business is to develop a relationship with someone, based on value.

We want people to get a return on working with us like we want a return on working with them. The products that we are looking for are ones that are ugly, meaning that their listing has a bad title or bad images.

Yet, the product is still selling on Amazon. Wholesale is a winning model if you're willing to work hard and help people. There are so many opportunities in the marketplace that don't have sellers who care about their products.

If someone were to start this business, what is the average amount of money that they would need?

A typical minimum order is $250-$500. We suggest that people have a $2,000 budget to get started. This allows you to place multiple orders with different suppliers and get familiar with the process.

That's the big difference between wholesale and private label. With private label, you have to be really invested in a single product. In the case of wholesale, you are starting with a product that already has sales and trying to optimize it. Your carrying costs aren't as high.  

What can people expect if they attend your upcoming free training?

Our training will be a full-on workshop. We have three, 4-hour days planned to go over everything from how to find great wholesale products to how to communicate with brands and win accounts. If you're interested in selling on Amazon and want to know the ins and outs of how our model works, you won't want to miss our training!

Dan lost his job and then went on to do $30 MILLION in Amazon sales.

I'm currently going through Dan and Dylan's course and I'm blown away by it. I wish I knew about this model when I was first getting started selling on Amazon. It seems like a much simpler model, yet one that can still make you great passive income.

If you're interested in Amazon wholesale, I encourage you to join their free training! I know I'll be there. This is the perfect opportunity to learn what is involved with this model and how you can take advantage of this amazing opportunity.

Are you ready to discover how to build a 7-figure Amazon wholesale business? CLICK HERE to join Dylan and Dan's upcoming FREE Live Wholesale Formula workshop!

This “weird” Amazon method made Dylan Frost & Dan Meadors $30 MILLION in Amazon sales.

It's highly likely that you've never heard of this method before. I'm learning about it right now and I'm blown away by its simplicity.

It's called reverse sourcing wholesaling. In comparison to other Amazon sourcing strategies, there are fewer logistics involved and the potential is just as great.

Inside this blog, I interview Dylan Frost about reverse sourcing wholesaling and how this model can help you grow a successful Amazon business.

Keep reading to find out how Dylan used reverse sourcing wholesaling to build an Amazon empire!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/7766491-plm-841-this-weird-amazon-method-made-30-million-in-amazon-sales.mp3″ background=”default” ]

Are you ready to discover how to build a 7-figure Amazon wholesale business? CLICK HERE to join Dylan and Dan's upcoming FREE Live Wholesale Formula workshop!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Dylan Frost and Dan Meadors are wholesale experts.

Together, they have made well over $30,000,000 in sales selling on Amazon. What's even more amazing is that they started with an investment of only $600.

Dylan and Dan have also created an amazing step-by-step online training program called The Wholesale Formula that shares their blueprint for Amazon success. To date, their students have sold over $500 MILLION on Amazon. These guys are the real deal.

Watch the video above where Dylan shares his computer screen and shows you product examples that you can sell wholesale on Amazon using the reverse sourcing wholesaling business model.

If you're ready to build a successful Amazon business or scale your current one, Dylan and Dan's teachings will help you do so. Let's dive in!

Do you mind sharing your story and how you discovered reverse sourcing wholesaling?

When I was fresh out of high school, I wasn't able to attend a big university because I couldn't afford it. I attended community college. When I got my diploma, I started a decent-paying job making $40,000 per year. I thought I was rich at the time. After 2-3 years, I started getting resentful about my job.

I wasn't getting paid what I deserved and I felt smarter than some of the people who were making way more money than I was. At the time, Dan, my now business partner, reached out to me and told me how excited he was about an Amazon opportunity that he came across.

After 30 minutes, I was sold on the opportunity.

Dan started his Amazon business with an investment of $600 and I eventually partnered with him. That's how we got started. In the beginning, our Amazon business was arbitrage-based. This means that we would drive around the southeastern part of the U.S. and stop at every Walmart we could find.

We would go to the clearance section of the store while browsing Amazon on our phones. The goal was to find things that we could buy on clearance, and then resell those products on Amazon at a profit. Believe it or not, we made $1 million in sales per year doing this.

The problem with the arbitrage model is that you have to work a lot and spend a lot of time on the road. Ultimately, we found a better way, known as reverse sourcing wholesaling. Instead of traditional wholesaling which uses wholesalers and distributors to find products that may be selling well on Amazon, we look on Amazon to find our products.

We created a simple mathematical formula where we can determine with very good accuracy how much money we can make if we are selling a product on Amazon. With that information, we go straight to the source. This means that we reach out to the brand owner or legal rights owner of the product itself.

We get approval from the owner to be an authorized reseller of their product on Amazon.

Once that happens, we improve their sales, to the point where they want to work with us in an exclusive capacity. This means that we are the only person who is selling their product on Amazon. That is when you see the power of our business model in action. Some of our wholesale contracts are worth $1 million.

What kind of success have you experienced thus far?

Within six months of starting, our Amazon business was one hundred percent wholesale. We had completely replaced the income that we were making from our arbitrage business. By the end of our first year, we had more than tripled our revenue.

In our first year of wholesale, we made $3.5 million in sales. The next year, we made $6 million in sales. In total, we've made well over $30 million in sales on Amazon. It's been a wild ride.

When you find a wholesaler that wants you to sell their product on Amazon, what are the next steps?

The way that eCommerce has traditionally worked is that you have two different kinds of people – those who make a product and those who sell a product. Very rarely are they the same person. That is the relationship that has always existed, and it still does. We work with successful brands and manufacturers of products.

They don't sell their products. Rather, they rely on people like us to retail their products. That's the way their business has always worked. They have a set amount of money that they are willing to work with as an Amazon seller or retail partner. If you know what to say to brands and what value you can offer as a retail partner, you will be one of the few people who have access to them.

Let me give you an example of how we add value to brands.

There are endless examples of well-established brands that have huge customer bases, but they have really bad listings. We convert listings that may get 1,000 sales per month into a high-converting one that gets 3,000 sales per month.

That's basically what we are offering to brands. We are showing brands all of the simple things that they can do better. A lot of brands don't know anything about Amazon. That's why they need people like us.

Is this a good model for people who want to make some passive income on the side?

You can get into this version of wholesale with as little as $2,000. You can buy as much inventory as you want. You're not forced to buy a certain amount. Private labeling has a higher ceiling for success. However, it's also riskier.

Conversely, wholesale has a lower ceiling in terms of your margins. However, your floor is higher in that it's less risky. With wholesale, you're only selling established products. A product may already be selling hundreds of times per month.

Thus, you know you'll be able to sell it.

The worst-case scenario is that other people on the listing may under-cut your price to the point where you have to sell, break even or take a 10% loss. For example, if you invest $2,000 but you only end up bringing back $1,800, you don't lose your shirt over it, so to speak. That's what makes wholesale pretty easy to get into.

Do you have to live in a specific place in the world for this business model to run efficiently?

It doesn't matter where you are in the world. As long as your country allows you to create an Amazon seller central account, the reverse sourcing wholesale business model works. The reason why you can do this from everywhere is that you never have to see or touch a product.

When I open up a wholesale account, 80% of the time the company is able to ship the product directly to Amazon. In the rare instance where they can't do that, you can get it sent to a prep center, and then they will send it to Amazon for you.

You've created an amazing course called The Wholesale Formula. You're doing a FREE 3-day live event soon. Do you mind sharing what people can expect if they register for it?

Once a year we do a free 3-day live workshop. You get the opportunity to work with us, live, as we teach and train our model and method for selling on Amazon. We are very transparent throughout our workshop. You will learn, from start to finish, how our business operates, how you can copy our method, and start doing implementing it in your Amazon wholesale business. And we'd love for you to join us!

This “weird” Amazon method made $30 MILLION In Amazon sales.

Selling on Amazon is one of the biggest money-making opportunities that exist online. Amazon brought in $75.5 billion in sales revenue in the first quarter of 2020, and their sales continue to grow today. There is no doubt that selling on Amazon is a smart business move.

Dylan and Dan grew up poor. They didn't have much, nor did they attend university. However, they are taking advantage of opportunities when they were presented to them.

With the right support, you too can become a successful Amazon wholesale seller. Take advantage of this opportunity. Trust me, from the research that I've done thus far and what I've learned from Dylan, it's too good not to!

Are you ready to discover how to build a 7-figure Amazon wholesale business? CLICK HERE to join Dylan and Dan's upcoming FREE Live Wholesale Formula workshop!

Is it even worth selling on Amazon in 2022?

My fiancée, Tatiana, and I get asked this question all the time by people who have the desire to build an Amazon business.

Inside this blog, we will give you our honest answer to this question, based on our experience as Amazon sellers.

We've been selling on Amazon for many years now. We teach a lot of beginners on how to quit their 9 to 5 jobs and get started selling on Amazon.

Not only that, but we know a lot of super-successful sellers and have personally learned from them.

If you're wondering if you've missed the chance to make money on Amazon, you will want to read this…

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/6880202-plm-831-is-it-even-worth-selling-on-amazon-in-2021.mp3″ background=”default” ]

Do you want my blueprint for building a $50,000 per month Amazon business? CLICK HERE to get instant access to my FREE Amazon FBA Training!

Amazon has become one of the most powerful companies in the world.

The proof is in the numbers. Amazon currently accounts for 38.7% of all U.S. retail eCommerce sales in the U.S. alone. It is forecasted that these sales will rise by 17.2% to $260.86 billion. This is 4 percentage points higher than the expected overall growth rate for US retail eCommerce sales. For many years now we've seen a trend towards the number of people who are shopping online.

COVID merely accelerated this trend. Since Amazon came on the scene, online shopping has never been easier. You can get anything delivered to your home. Unfortunately, this has caused a lot of brick and mortar businesses to close down or declare bankruptcy.

As devastating as this has been for business owners, it has presented a golden opportunity for new Amazon sellers. Amazon gives us the incredible privilege of using its platform to sell to their customers. The more customers that they have, the more that they need third-party sellers, like you!

Whenever I invest in a company, I'm not looking at how it's doing today. Rather, I'm thinking about where the company will be 5-10 years from now. Starting an Amazon business is about investing in your future.

In essence, you're partnering with Amazon. If you have the desire to sell on Amazon in 2021 you need to ask yourself, “Do I believe and trust that more and more people will continue to buy on Amazon in the years to come?” If you don't believe this to be true, you need to re-think your decision to sell on Amazon.

Having an online business isn't like having a 9 to 5 job.

You don't get a certain amount of money back from your efforts right away. There are no short-term rewards. At first, your business will take from you. It will require a lot of your time, energy, and hard work. However, over time, your business will be less dependent on you. Eventually, it will provide you with passive income.

The beautiful thing about selling on Amazon is that there is potential to reach hundreds of thousands of people on their platform. Thus, the ability for your business to grow and scale is unlike any other business that we've seen before. Tatiana has firsthand experience with this.

In two years' time, she was making $40,000 per month on Amazon at 23 years old. Eventually, she grew her Amazon business to the point where she was making $100,000 per month. It's amazing how fast your money can compound when you're willing to put in the hard work and have a long-term mentality.

All it takes is setting up the foundation of your business. Once you have accomplished that, it comes down to successfully marketing your product. Keep in mind that more people are selling on Amazon today than ever before. This means that there is more competition. However, competition isn't a bad thing.

A healthy level of competition shows that there is demand.

The key is finding ways to differentiate your product and your brand from others on Amazon. You have to give people a reason to buy from you instead of all of the other sellers.

Another reason why selling on Amazon in 2021 is an incredible opportunity is because of how affordable it is to start. Knowing that you can invest $5000 into a business that has the potential to earn you millions of dollars is an incredibly low cost. That being said, there is always some risk involved with starting a business.

However, there are many ways that you can mitigate your risk as an Amazon seller. If you are serious about building an Amazon business, I encourage you to follow Tatiana's YouTube channel and Instagram where she shares her best tips and strategies for success with eCommerce.

At the end of the day, the most important thing that is going to determine your success YOU. To be a successful entrepreneur, you have to be constantly learning, evolving, and identifying the best Amazon strategies. The most successful Amazon sellers are the ones who do the work to learn cutting-edge tactics and techniques.

As a result, they have a competitive advantage over everyone else. Oftentimes, all it takes is identifying one strategy that nobody else knows about that allows you to stand out from the competition and get more sales. I want to share with you something that I recently learned from Tony Robbins at his Unleash The Power Within seminar.

He has created a formula called The Success Cycle.

This cycle consists of Potential, Action, Results, and Belief.

People have unlimited potential. They can create incredible things in their lives. When you take action towards something, you start getting results. When you get results, you gain greater confidence and certainty. Thus, when you have more self-belief, you tap into more potential. When you tap into more potential, you take more actions and get more results. In turn, your belief is strengthened.

However, it's important to understand that the cycle starts and ends with Belief. If you don't believe that you can do something, you won't. As Henry Ford once said, “Whether you think you can, or you think you can't, you're right.”

Selling on Amazon in 2022 is a smart decision.

The lives of Tatiana and I changed forever the moment that we decided to become Amazon sellers. From the onset, we believed that it was possible to create a successful business selling on Amazon.

If you believe that Amazon is a great opportunity and that you will make a lot of money doing it, you will take action and succeed. However, if you adopt a mentality of fear and self-doubt, you'll never start.

Are you a believer or a doubter? Answer that question and you'll know if it's worth it for you to start selling on Amazon in 2021.

Do you want my blueprint for building a $50,000 per month Amazon business? CLICK HERE to get instant access to my FREE Amazon FBA Training!

I want to help you build a 7-figure Amazon FBA Ecommerce business.

This is part 3 of my 4-part Amazon training series. Inside this blog, I share my 7-step blueprint for success on Amazon!

If you have yet to read parts 1 & 2, I encourage you to do so. Each piece of content is designed to build upon the next one.

In part 1, I talk in-depth about how Amazon FBA works. In part 2, I share my Amazon product research criteria so that you can get clear on what product you want to sell.

If you want access to my blueprint for building a 7-figure Ecommerce business, keep reading!

Watch the video below:

(Click here to watch on YouTube)

[smart_track_player url=”https://www.buzzsprout.com/9299/6089803-plm-818-the-7-step-blueprint-for-building-a-7-figure-amazon-fba-ecommerce-business-2020.mp3″ background=”default” ]

Are you ready to leverage the massive power of Amazon to generate financial freedom? CLICK HERE to register for my FREE 4-part Amazon FBA Training Series!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Every successful Amazon seller follows this 7-step blueprint.

I encourage you to take out a pen and paper as I am going to share a lot of knowledge with you. If you already read part 2 of my training series, I hope you went through the brainstorming assignment and came up with some product ideas. When it comes to product research, don't worry about being perfect. Rather, just focus on making progress.

Let's dive into my 7-step blueprint for building a 7-figure Amazon FBA business!

1. Find Profitable Amazon Products

This is the most important step in the process. You cannot simply choose a product that YOU think will sell. Rather, you have to do product research to determine if there is a demand for a product. This is what will mitigate your risk. Don't be afraid of the competition. Others have paved the way to show you how much money can be made with a specific product.

When you have the right strategy in place, you don't have to worry about competition. Once you have a list of potential products you are interested in, think about how you can position your product in a way that will make you stand out. This many mean customizing your product so that it's tailored for a specific gender, or making it a different color, size, design, or price.

There are so many things you can do with a product that is already selling well. Some markets on Amazon are so big that you can still make an incredible income by being on the fifth page of Amazon for the primary keyword of your product. Once you have your list, narrow it down to your top three products.

2. Find Suppliers To Private Label Your Product

Once you've landed on your product, you want to find suppliers who can manufacture it for you. More importantly, you want to make sure that you can private label your product. You are not trying to invent a product. That is risky, especially if you're a beginner Amazon seller. I recommend researching suppliers via Alibaba.com.

On this website, you will find a variety of suppliers from different parts of the world. When you search on Alibaba, make sure that you filter your results so that you know that a supplier is verified. You also want to make sure that a supplier has trade assurance, which will ensure that you are protected from any potential scams.

When you reach out to suppliers (choose three potential suppliers that you may want to work with) ask them to send you samples. You will have to pay for the shipping cost of the sample. When you receive the samples, compare them, and decide which one you like best.

Also, ask the suppliers how much it will cost to order a certain number of units from them. When you're first starting out, order a small number of units. I recommend a couple hundred. I started at 1,000 but everyone has a different budget. With your first product, you want to validate that there is a market for your product. Don't go crazy and over-invest. Strive to make a few sales and get some great reviews.

When you're first starting out you won't get the best profit margin.

Twenty-five percent is a good number to start with. Bring it to thirty to fifty percent over time. As your Amazon listing becomes more established and you build up your brand, your profit margin will increase. In turn, you will be able to charge more money for your product and order more inventory. This will help to bring down your cost.

3. Create Your Branding

This is the fun part of the process! You get to think of a name for your brand. A brand is a name or a logo that a mass amount of people will recognize and associate emotion with. People don't purchase products. Rather, they purchase something that they connect with emotionally.

People are willing to pay a premium based on the feeling that they associate with a brand. A brand is something that you build over time so don't worry about perfecting it right away.

When it comes to your brand logo, you can hire a designer to create it for you via Fiverr.com. Conversely, you could go to 99 Designs where you can put on a contest and have designers from all over the world compete to design a logo for you.

A brand will help you build an asset that you can sell one day. That is how you can get a huge payday from your business. Imagine someone buying your Amazon business for $10 million. Trust me when I say that it's possible.

4. Set Up Your Amazon Listing And Shipment

You want to set up your Amazon listing while you're waiting for your product to be manufactured. Keep in mind that there are costs to set up your Amazon Seller Central account. It's about $40 per month. I suggest that you wait until you are fully ready to sell your product before you spend this money.

There are over 100 countries that you can sell your Amazon product in. However, I recommend that you focus on the U.S. market. If you live in Europe, the U.K. and Germany are the next two biggest markets. You need to have high-quality product images on your Amazon listing, as well as a great title, bullet points, and description. Remember that Amazon is a search engine.

Hence, you have to identify the keywords that you want to rank your product for and be able to optimize your listing. If you can do this effectively, your listing will rank and show up for a variety of keywords that people are searching for.

Jungle Scout is a very helpful tool for doing keyword research. I've worked with Jungle Scout for many years now so I was able to get you a special discount if you want to purchase their tool! Once you've set up your Amazon listing and your inventory is ready to ship, now you can set up the shipping labels inside your Amazon Seller Central account.

Amazon will give you shipping labels and tell you which labels to ship it to.

You will then take those shipping labels, send them to your supplier, and your supplier will ship them.  Amazon doesn't like to have all of their inventory at one warehouse. Rather, they like to spread it out across the country. Doing so helps them ship products faster to their customers.

They may give you three different locations to send your units to. In terms of shipping, you will have to decide if you want to ship your product by air or by boat. If you ship it by air, it will cost more money but it will be faster. Conversely, if you ship your product by boat, it will be cheaper but take longer.

5. Launch And Market Your Product On Amazon For Sales

The Amazon process becomes real when you get to this step. I've interviewed countless people who have unbelievable Amazon success stories, some of whom are making hundreds of thousands of dollars per month selling on Amazon.

Once you get your first few sales and gain confidence, you will start to see the potential of this business model. You won't see the results of your efforts right away. It's always slow at the beginning, but it can ramp-up quickly. Amazon rewards new sellers and gives them a boost out the gate because they want you to have success.

When you have success and make money, they make money. It's that simple. This is why having a good launch strategy is critical. You never want to say, “Here is my product, buy it!” A lot of people make this mistake. You need to get people excited and build anticipation.

Decide what date you want to launch your product and plan a pre-launch. Think about how you can get some early traction so that when you hit that date, you will get some immediate sales. Maybe this means getting your friends and family to buy your product. Alternatively, you could find Facebook groups and offer your product to people at a discount.

The goal isn't just to make money on Amazon. It's also to get reviews, sales, and boost your product on Amazon. Additionally, you could contact influencers and ask them to promote your product on a certain date on their Instagram page or YouTube channel.

There are so many marketing strategies to choose from, both free and paid.

If you want to run paid ads and get immediate sales, you can do that inside your Amazon Seller Central account. Also, I encourage you to have a strong marketing strategy. Marketing is a core skill that you need to cultivate if you want to be successful in your business. Pick 1-2 strategies, learn them, and master them.

6. Optimize And Improve Your Amazon Product

Once you are generating sales from your product there is a lot that you can do optimize and improve it. Doing so will allow you to get better sales and more reviews. An effective strategy for getting more Amazon reviews is to use something called Manychat. This is a messaging service created inside of your Facebook messenger app.

It allows you to build a Facebook messenger list and send your customers follow-up messages to get reviews. The more reviews that you have, the easier it will be to sell your product. If you get some bad reviews, take the feedback that you are given, and find ways to improve your product. You can always go back to your supplier and ask them to change or modify your product to make it better.

When it comes to optimizing your Amazon listing, there are many things that you can do, whether it's testing new product images, experimenting with different prices, modifying your keywords, or improving your product packaging. This is an ongoing step. You want to constantly improve your product.

Your ability to do this step effectively will determine your Amazon business success. Keep changing your approach and learn from every experience that you have until you get the results that you want.

7. Build And Scale Your Brand Online

At this stage, you're building your website and online presence. Maybe you're creating content on your blog or your YouTube channel. You're building an audience and an email list of subscribers and followers. Today, I have over 1 million subscribers on YouTube. If I want to launch a product on my channel, I know that I can get immediate sales from it. That is the power of having a solid list.

At this stage, you can launch multiple products, build a store, and a catalog of products around your brand. This is when your business can scale up to 7 or 8-figures. When you're scaling your brand it's a smart idea to trademark it via the Amazon Brand Registry so that nobody can steal it from you.

You may want to expand off of Amazon and build an Ecommerce site using Shopify or WooCommerce. By selling on your website, you will get better profit margins. If you have the desire to scale even further, you can always expand your Ecommerce business internationally.

Are you ready to start building a 7-figure Amazon FBA Ecommerce business?

As you can see, there are a lot of steps involved in building an Amazon business. I wouldn't recommend piecing together everything that I've shared with you today by simply watching videos on YouTube. This is why I suggest investing in a great training course that can guide you through this 7-step process.

I recommend the Amazing Selling Machine (ASM). This is the best course on the market and one that I have personally gone through. They walk you through, step-by-step, every aspect of what it takes to start, grow, and scale your Amazon business.

ASM has a FREE upcoming training that will build off of what I've talked about inside this blog. If you're serious about selling on Amazon, I encourage you to check it out! Have an open mind and take notes as you go through the training. You've got nothing to lose and everything to gain.

Are you ready to leverage the massive power of Amazon to generate financial freedom? CLICK HERE to register for my FREE 4-part Amazon FBA Training Series!

Welcome to part two of my four-part Amazon FBA training series!

Today I want to help you with product research, so you can find profitable products and start selling them on Amazon.

Inside this blog, I'm going to show you a powerful tool that I use to analyze products on Amazon. You're also going to get access to my Amazon product research criteria.

If you missed part one of my training series, I encourage you to check it out! Each piece of content builds upon the next.

I invite you to take notes in your journal as you read through this blog. By the time you finish reading this, I want you to have ideas about potential products that you can sell on Amazon.

Are you ready to find a profitable product to sell on Amazon? If so, let's dive in!

Watch the video below:

(Click here to watch on YouTube)

Are you ready to leverage the massive power of Amazon to generate financial freedom? CLICK HERE to register for my FREE 4-part Amazon FBA Training Series!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Amazon FBA product research is critical to your success.

Unfortunately, a lot of people get overwhelmed with product research. The challenges they encounter can be traced back to their mindset. They have a great product idea (in their eyes) and assume that it will sell well on Amazon. As a result, they invest a lot of time and money into it. When it doesn't sell well, they are left feeling discouraged.

They assume that their failure is merely the result of a saturated market. In a perfect world, you could select and sell a product on Amazon that you love. However, in today's competitive eCommerce world, that mindset will not serve you well. You cannot guess what will work, nor should you sell what YOU want to sell.

Rather, you have to sell what is already selling! This is why it's so important that you do product research. Not only will this help you mitigate your risks, but it will also set you up to win as an Amazon seller.

Amazon Product Research Criteria

Here are eight criteria that I suggest you follow when it comes to choosing a product to sell on Amazon. Think of these criteria as training wheels. Once you gain more experience selling on Amazon, you can make your own decisions and venture away from some of these criteria. Of course, this will depend on your tolerance for risk. Take out your journal and let's dive in!

1. Product That Is High In Demand & Profitable

You need to make sure that the product that you choose is highly profitable. There has to be a demand for whatever it is that you're selling. Competition is your friend. Don't be afraid of it! It shows you what is already working. See what people are already selling and how much money they are making.

As a beginner, don't aim to make a million dollars with your first product. Your first product is all about getting your feet wet and gaining experience so that by the time you create your second and third products, you'll know what works and what doesn't.

2. Product That Can Be Private Labeled

Private labeling means that you put your logo and branding on a product. When you private label something it becomes yours. It allows you to differentiate yourself from the competition. The first step to private labeling a product is finding a supplier who already manufactures the product you're interested in.

On Alibaba.com you will find thousands of suppliers to choose from. Browse the website, reach out to a handful of suppliers, and get samples delivered to you. Ask them what it will cost to manufacture your product. This will help you determine what your profit margins will be.

3. Product That Sells For More Than $15 on Amazon

When you do your research you first want to determine which country you want to sell in. The U.S., the UK, and Germany are the three biggest Amazon marketplaces that I recommend. You want to be sure that the product you choose to private label can sell for more than $15 on Amazon.

As long as there are a few competitors who are selling for $15 or more, that's a good sign. If your product sells for less than $10, customers won't be able to buy that product by itself. Rather, they will have to buy something else in order to purchase your product. On top of that, your profit margins will be too low with a $10 product.

4. Product That Is Lightweight and Small

The bigger a product is, the more expensive it will be to ship. There are shipping costs involved in selling physical products, so you want to keep your costs low. Depending on what your budget is, keep your product light and small. Again, this isn't a hard and fast rule.

If you find a product that is a bit heavier but has high demand, that's okay. Just know that you will be spending more money. As long as the math makes sense and you still get a good profit margin from it (at least 25% or more) it's worthwhile!

5. Product That Solves A Problem

When you create a product that solves a problem for people you open up the door to building a brand. If your first product ends up being a success, you want to think about how you can create a second and third product that will complement one another. This is how to build a collection of products that cross-promote each other.

Let's take the Bioptimizer P3-OM Probiotics as an example. My good friend, Wade Lightheart, sells his supplement line in the health market, under the niche of digestion. He sells many different products that solve problems related to digestion, with the goal of optimizing your digestive health. Also, he has created courses and a variety of other resources to support people on their health journey.

6. Product That Can Be Marketed Outside of Amazon

If you can find a product that can be marketed outside of Amazon, that's a huge bonus. This is where the power of influencers come into play. My friend James Swanwick promotes his Swannies blue-blocking sunglasses by sending them to models who have large Instagram followings.

He gives them the product for free or pays them to promote his product on their Instagram pages. In turn, he gets more sales on Amazon than his competitors do. Similarly, you could send your product to bloggers and ask them to write about it.

7. Product and Niche That You're Passionate About

When I first started selling physical products on Amazon I was training for a fitness competition. At the time, I was taking a lot of fat loss supplements. In particular, L-Carnitine, Conjugated Linoleic Acid (CLA), and Branched-Chain Amino Acid (BCAAs). I felt confident about selling these products because I had a passion for fitness. On top of that, I experienced the benefits of using these supplements.

Keep in mind that you don't have to be passionate about your product. If you're just want to sell a product on Amazon to make money, that's okay. However, passion will motivate you to build your business on a bigger scale. It will inspire you to do whatever it takes to ensure that your product becomes a best seller on Amazon. Passion goes a long way in business.

8. Product That Is Durable

I would avoid any glass-related products that could break during shipping, as well as electronics. You don't want to deal with the headaches that come with customers receiving broken products. When this happens, you may get a bad review on Amazon. Even worse, you will have to refund the product and send a customer(s) a new one. When you're a beginner, you don't want to deal with issues like this. I would avoid them at all costs.

Watch the video above where I walk you through my step-by-step tutorial on how to find profitable products to sell on Amazon! 

When it comes to doing product research, I use a tool called Jungle Scout to help me determine which products are in high demand. I've worked with Jungle Scout for many years now so I was able to get you a special discount if you decide to buy their tool. Jungle Scout will save you so much time and make the product research process a lot easier. They have a lot of great pieces of training too that can help you with the research process.

Your homework (if you choose to take action on it) is to spend a couple of hours browsing products in different categories on Amazon. Take notes on the products that stand out to you, and do deeper research on them. Make it a goal to narrow down your options to your top three products. Of those three products, identify which one you want to pursue.

If you want to make all of this process smoother and more efficient, I highly recommend that you invest in an Amazon training program. It will help guide you through the complexities that are involved in building an Amazon business process. The knowledge they provide you with will give you the confidence that you need to accelerate your success.

I started with the Amazing Selling Machine (ASM). I can't emphasize enough how amazing this program is. ASM has an upcoming FREE training that outlines their method and strategies and talks about how you can build a 7-figure Amazon business.

If you're serious about selling on Amazon, I highly recommend that you join their training to learn more about how you can leverage the power of Amazon.

This is how to find the best products to sell on Amazon!

Once you find your winning product, it's so exciting to move forward with it and start selling on Amazon! I hope the knowledge that I've shared with you helps you better understand how the Amazon product research works. Amazon has the power to transform your entire life. You're one decision away from building a dream lifestyle that you never need a vacation from.

Are you ready to leverage the massive power of Amazon to generate financial freedom? CLICK HERE to register for my FREE 4-part Amazon FBA Training Series!

Welcome to part one of my four-part Amazon FBA training series!

I want to help you get started selling on Amazon so that you can build a successful online business.

Inside this blog, I'm going to break down the Amazon business model, using easy-to-understand language.

If you're ready to quit your 9 to 5 job and create financial freedom, take out a pen and paper. I've got a lot of juicy knowledge to share with you. Let's dive in!

Watch the video below:

(Click here to watch on YouTube)

Are you ready to leverage the massive power of Amazon to generate financial freedom? CLICK HERE to register for my FREE 4-part Amazon FBA Training Series!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

Why should you sell on Amazon?

First, Amazon is the largest online retailer. They brought in $75.4 billion in revenue in March of last year. That was a 26% gain over 2019. All of this growth happened during a global recession. Since the onset of the pandemic, more and more people are shopping online. This has positioned Amazon as the go-to place for everyone's shopping needs.

Second, Amazon does a lot of the heavy lifting for you. By selling on their marketplace, you get access to hundreds of millions of their customers. People trust Amazon. They handle customer support, the payment processing, and they store your products in their fulfillment centers.

You can run ads on their platform, and their one-click-buy feature ensures that you get higher conversion rates and sales. Did I mention that you can sell on Amazon from anywhere in the world, whether that's the U.S., Canada, Europe, India, or Australia? You don't even have to live in one of those countries to sell in those countries. All you have to do is leverage the power of Amazon. You can see why selling on Amazon is such an attractive opportunity for so many people.

Watch the video above where I walk you through my step-by-step tutorial on how to get started selling on Amazon FBA!

Finally, you don't need to invent an Amazon product to make money online. Hence, the power of private labeling. The product research process (which I will get into more in part 2 of this series), involves looking for products that are already selling successfully on Amazon. One of the biggest challenges that Amazon sellers face is finding the most high-demand products to sell on Amazon.

I use Jungle Scout for all of my product research. This is a popular Amazon keyword research software that helps sellers find and analyze profitable products to sell on Amazon. As you can imagine, a tool like this is a godsend for sellers because it helps you determine which products are in high demand. If you're interested in purchasing it, they are currently offering a 30% discount.

Once you have done your product research, the next step is to find suppliers who are already manufacturing a product you're interested in. Once you find a product, you order from a manufacturer, at wholesale, and private label your product. That product will then be shipped to an Amazon fulfillment center to be sold on the Amazon marketplace.

Once you have successfully sold one product and have a solid understanding of how the Amazon business model works, you can launch multiple products. If you want to build an even bigger brand, I suggest selling products on your own eCommerce store, but that's something I will talk more about in parts three and four of this series.

It takes time, energy, and hard work to get an Amazon business up and running. However, once it's rolling, there's no limit to how much money you can make.

How To Find and Choose The Best Suppliers

If you go to Alibaba.com you will find a variety of suppliers from all over the world. Most of these suppliers will be in China since China is the top manufacturing hub. However, you don't have to source from China. You want to make sure that you choose a supplier who has been assessed and verified. This ensures that you don't get scammed by a supplier.

Alibaba has a service called, Trade Assurance that I recommend you purchase. It ensures that the payments you make through Alibaba.com are safe. Before making an order, you want to contact a supplier and ask them to send you a sample. This will help you assess the overall quality of a product.

How To Get Started Selling

The first step is to set up your Amazon Seller Central account.  This is where you can set up your Amazon listing, upload your product images, write your description, etc. Keep in mind that it does $39.99 per month, plus selling fees, to be a seller. I don't recommend signing up for an account until you've done all of your research and you're fully ready.

The best way to get started selling on Amazon is to invest in a great training program. I started with the Amazing Selling Machine. This is a step-by-step program that walks you through every part of starting, growing, and scaling an Amazon business. Amazing Selling Machine has helped thousands of people, including myself, build 7 and 8 figure per year businesses selling on Amazon.

They have a lot of success stories to prove that their system works. I've interviewed a lot of successful Amazon sellers. Check out their stories to be inspired. They are proof of what is possible! Results don't lie.

Trust me when I say that it's not too late to sell on Amazon FBA. 

Hopefully, you see the potential of this business model. The sky is the limit of how much money you can make with an Amazon business. Watch out for part two of my four-part training series where I will talk about the product research process in more depth and my criteria for evaluating Amazon product opportunities.

Are you ready to leverage the massive power of Amazon to generate financial freedom? CLICK HERE to register for my FREE 4-part Amazon FBA Training Series!

Is selling on Amazon too saturated? Here is the truth.

People ask me this question a lot. As someone who has been selling on Amazon since 2011, I've gained a lot of knowledge about the eCommerce industry, Amazon, and the selling process.

I've been able to create a 7-figure business selling on Amazon. In 2013, I was inspired to start sharing about the opportunities that exist on Amazon with my audience, and I continue to do so to this day.

An Amazon business can change your entire life. I've witnessed it in my own life, and in the lives of my clients, students, and other fellow entrepreneurs.

Are you ready to get the truth about whether or not selling on Amazon is too saturated? Keep reading to find out!

Watch the video below:

(Click here to watch on YouTube)

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Are you ready to create financial wealth and freedom and design life on your terms? CLICK HERE to get instant access to my FREE Amazon FBA Training!

Is Amazon too saturated? Let's get to the real truth.

Back in 2013, I had built a very successful Amazon publishing business. The moment I started selling I saw the huge potential that existed to make money on Amazon. At the time, Amazon was growing rapidly. I remember coming across a comment on my YouTube channel from someone that said, “Amazon is too saturated. You can't make money selling on Amazon.”

This person's experience was baffling to me. This hadn't been my experience, nor had it been the experience of my clients. In 2014, I received another comment about Amazon being too saturated. Fast forward to today and these comments continue to pop up on my YouTube channel. Let's look at the facts.

Amazon is the largest online retailer in the world. In 2019, Amazon's net worth was $160.47 billion and they have continued to grow, especially with the onset of COVID-19. Because of quarantine measures, more and more people have transitioned to buying online.

On the one hand, the book industry has changed dramatically because of Amazon. Rather than going to a traditional bookstore, people can now buy Kindle, audio, or paperback books online with one click. The physical products' side of Amazon has exploded as well. There are thousands upon thousands of products to sell and niches to choose from.

Let's not forget about the millions of customers who shop on Amazon. Statistics show that each month more than 197 million people around the world get on their devices and visit Amazon.com. The question is, “Is the demand higher than the competition?”

Year after year more and more people get started selling on Amazon.

However, the evidence still shows that the growth and demand for Amazon are higher than the competition. The opportunity is growing massively, but so too is the competition. It's all a matter of perspective and interpretation. In my opinion, there are two types of people.

First is those who look at the opportunity that Amazon provides and the long-term trajectory of selling on Amazon. For them, the potential is greater than the competition. When you think about it, if Amazon was dead, there wouldn't be competition and saturation because people wouldn't be selling on Amazon.

On the flip side, some people think Amazon is too saturated. Let's investigate this mindset on a deeper level by looking at two real-life examples of people whom I've been in contact with who have this belief.

Person #1

This is someone who has attempted to sell on one Amazon marketplace and hasn't been successful. They did some research and browsed around on Amazon to find potential products. However, when they investigated these products further, they saw that there was competition so they concluded that Amazon is too saturated.

Is that an accurate representation of the opportunity on Amazon? Of course not because it's only based on one person's interpretation. This person probably didn't have the proper strategy in place or training for understanding how to successfully sell on Amazon. Whatever you believe and perceive will be true for you, regardless of whether it's based on actual facts or not.

Person #2

This person does their product research and finds a great product. They get a supplier, create their product, and launch it on Amazon. However, their product doesn't sell and they don't understand why. They are disappointed. Based on their experience, they decide that the reason why they weren't successful is that Amazon is too competitive. There are a lot of factors involved in building an Amazon business. If you want to be successful on Amazon, you have to market and promote your product, among many other things.

Here is what you need to be aware of…

When people fail in life and their expectations aren't met, their natural default is to find someone or something to blame, external to themselves. There is no product, opportunity, or course that will make you successful. It comes down to you. My business works because I make it work. It's my intelligence, creativity, confidence, and my ability to effectively improve and market my product and services that have allowed me to build my business to where it is today. I didn't get any free handouts.

Amazon isn't saturated solely because of one person's attempt at selling, while there are thousands of others who are thriving on Amazon. Your beliefs determine your actions in life. If you believe that Amazon is a great opportunity you will take action to support that belief. Thus, you will get more results from the actions you can take.

On the other hand, someone with a scarcity mentality will only look at the glass as being half empty. Meaning, if they do take action, their results become a self-fulfilling prophecy. If they launch a product and it doesn't sell, they will rationalize their belief that it was because Amazon is too saturated.

They are just attracting what they believed in the first place! Sure enough, they don't get results. This creates a feeling of learned helplessness which leads to giving up altogether.

It's not that something didn't work. Either you didn't work or you gave up. End of story.

If you don't have a strong mindset, neither will the foundation of your online business. The strategy is something that you invest in; in the form of coaches, mentors, or training programs. That is what will give you confidence and a competitive advantage on Amazon.

If you marry the mindset with the strategy, you will succeed at any endeavor in life.

A lot of people want to be entrepreneurs but have never been one. If that's the case for you, you have to learn how success works and work on building your mindset muscle. Success is not easy. If it was, it wouldn't have any value. You may have to make huge changes in your beliefs and habits before you even start selling on Amazon.

When you become a successful person, you will naturally attract more success into your life because it's a byproduct of who you are. If you aspire to sell on Amazon you can't expect it to be an easy ride. The path may be difficult at first, but if it's worth it (and it is), you will do whatever it takes to succeed.

This is the B.S.-free truth about selling on Amazon.

Don't worry about the competition. Rather, make the competition worry about you. If you build an Amazon seller mindset and learn the necessary skills and strategies, you can build a successful Amazon business.

Amazon has the power to change your entire life. Whether you want to make some extra money on the side or build a 7-figure business and create financial freedom, anything is possible with Amazon. However, nothing in your business will work unless you work.

The question is, “Are you ready to go all-in?”

Are you ready to create financial wealth and freedom and design life on your terms? CLICK HERE to get instant access to my FREE Amazon FBA Training!