Amazon FBA for Beginners 4 Steps to Start Selling on Amazon in 2019! Make Money Online! Best Education Page #Online Earning

for quick and easy steps to start

selling on Amazon FBA right away because

if you're selling on Amazon and then

people like me will buy glasses like

this from people like you and so before

you waste any time or make any

catastrophic mistakes trying to start

selling on Amazon watch this video use

these strategies and start your Amazon

FBA Empire alright guys so I've been an

Amazon seller for a few years now we've

made millions and millions of dollars

selling on Amazon FBA these are the same

strategies I use myself these are the

same strategies that thousands and

thousands of my students in my private

student group use so they're tried and

true and tested and they straight-up

work but make sure you do stick around

for the entire video because we're gonna

be revealing the number one mistake that

most beginners make and if you make this

mistake its catastrophic and you could

lose everything before you even begin so

make sure you watch the full video so

that you don't make this common mistake

most beginners do and if you're new to

the channel and you like making money

then tap on that little subscribe button

right there you don't like money you

don't have to press it but if you do

this is the strongest family anywhere on

YouTube that teaches you the best

money-making strategies and let's get

into it

step number one guys is you have to

understand the process you have to

understand how all this works and

literally the first step is signing up

for what's called seller central seller

central is basically the overarching

website that you use to actually sign in

to your seller central account right

this is where you actually become an

Amazon seller access the seller central

allows you to actually create product

listings like we see every day on Amazon

whenever you go to buy an Amazon product

that is essentially a product listing

having access to Amazon seller central

allows you to create your own product

listings list product to sell on Amazon

access the Amazon PPC systems and so

much more it has everything that you

need to start creating your Amazon

empire from scratch and people always

wonder at first you know how does this

whole Amazon FBA thing work what exactly

is it well FBA stands for fulfillment by

Amazon we've made millions of dollars

selling products on Amazon and

I've never felt or touched any of my

products myself the reason that that's

possible is because Amazon fulfils it

again fulfillment by Amazon FBA and so

what you can do is you can actually

order products from your manufacturer in

China or in the USA or wherever you

actually order your products from and

you can actually ship it directly from

your manufacturer straight to an Amazon

fulfillment warehouse where they handle

all of the fulfillment for you they do

all the hard work like picking and

packing and actually putting products

into the boxes you know taping it up

shipping it out accepting payment and

they handle all of that stuff for you

and because they do they take a cut and

you take the profit in between what it

costs you to actually buy the goods and

what you actually can sell the goods for

and it's not an uncommon thing at all to

buy goods you know based out of China or

in the USA for a dollar or two and being

able to sell those for 15 or even 20

dollars and so there's a lot of profit

in between Amazon of course takes a cut

which we're gonna talk about a little

bit later but it's a very profitable

business model if you know how to do it

which is what we're gonna talk about in

this video step number two is you want

to find products that have a high demand

and a low supply on Amazon a lot of

people don't realize this but there's

literally millions and millions and

millions of different products that are

sold on Amazon every single day and

because there's so many different

products really what you're gonna do is

like with any business where you find

something that has more demand than it

has supply and you come in with a

higher-quality product and you're able

to out-compete anybody who's currently

in that niche and a good place to start

when you're just starting out on Amazon

again this is a good gainers video where

we're gonna talk about the things that

have changed recently

because amazon has changed so much

recently you need to understand kind of

how the landscape has changed and what

you need to do to be ahead but the good

place to start when you're first

starting out to understand what types of

products sell you know hundreds or

thousands of times every single month on

Amazon is simply to look at the Amazon

bestsellers list right because how

Amazon ranks all of their millions and

tens of millions of different products

is using a system called BSR which

stands for best seller rank right Amazon

has to have some systematic algorithmic

way to actually sort through ten

of millions of products obviously

there's not you know a person sitting

there actually doing it by hand and so

how they do it is with a best seller

ranking system and because they have the

B SR system you can actually see in any

department which you can see right here

any department it actually shows you the

best sellers in that particular

department toys and games electronics

cameras and photo and things like that

one of the best categories to actually

sell in to make money and one of the

categories that we've probably sold the

most in during our Amazon careers it has

actually been a kitchen and dining we've

made millions of dollars selling in the

kitchen and dining space because there's

almost infinite variability of what

somebody could actually find useful for

a kitchen or dining right we can see a

bunch of stuff here like water filters

things like that but the problem is

these particular products have you know

32,000 reviews so we probably wouldn't

want to actually come in and try to

compete with that but you can see that

some products have 117 reviews some

products have you know significantly

less and we can look through like

literally all of these right this is 50

we can go to the next page we can go to

the next page and look at all of these

different types of products like super

random stuff 10 ounce journey kids cup

with straw right there's like a rainbow

colored cup and what is this power licks

milk frother handheld battery operated

electric foam maker for coffee right

it's a milk frother you know so I love

it the point is there's basically

infinite variability I'd literally just

bought this exact water filter like a

couple of days ago which is which is

hilarious right because people need this

type of stuff which is why it's selling

so many hundreds of dollars a day so

many millions of dollars a day across

all products and why even if you just

have a single product you can earn a

full-time income if you understand you

know all of the things that we're gonna

discuss in this video and let me show

you another example of an actual product

that we've personally sold so if we come

in here and change this to all

departments what we can do is type in a

scratch-off map so scratch-off maps a

couple of years ago we're just

unbelievably popular like summer some of

the people were making $100,000 a month

during you know q4 and things like that

and so we kind of noticed that and that

there was really only a couple of actual

sellers in this niche and we started to

sell our own variant of the scratch off

map and we've sold tens and tens and

tens of thousands maybe even hundreds of

thousands of these scratch off Maps

since we decided to actually come in to

the space at one point we were selling a

thousand naps a day or more a good rule

of thumb is if a product on average has

less than 100 reviews you can compete

with that as a brand new seller the hard

part is when you're coming in as a brand

new seller and every single person on

page one

you know like let's say that this one

had a thousand reviews ten thousand

reviews nine thousand reviews it's very

difficult to actually unseat the

incumbent in that situation because

think about it like as a buyer if you

come in as a buyer and you type in

scratch off map and there's one map that

has a thousand five-star reviews and one

map that has zero or one or five which

one are you gonna choose right that's

why reviews is such an important part of

actually deciding what type of product

to sell as a beginner the next step you

want to take once you find an

interesting-looking product or you find

something that you think looks cool on

the bestsellers list or just you know

you think about a product in your daily

life

I always I'm thinking about the next

product that I could potentially sell on

Amazon just living my daily life we

found products like acrylic sign holders

for example I was just sitting at our a

Mexican restaurant I saw these acrylic

menu holders and I just picked it up and

I was like I wonder if this is a product

that people sell on Amazon and it turned

out people were making hundreds of

thousands of dollars selling it

literally like little acrylic plastic

sign menu holders where you just slip in

like a paper menu and they were selling

them in packs of thirty and they're

making hundreds of thousands of dollars

a year selling acrylic sign holders

because think about it how many

restaurants are there in the USA that

have menus and need little sign holders

to actually hold those menus up and so I

was literally just living my life

thinking about potential products to

sell on Amazon and then I would run home

and actually do research about whether

or not that was actually a product that

was selling well on Amazon and so one of

the next things you want to do is check

the actual keywords because the thing is

a product might look good on the outside

but maybe it doesn't have enough people

searching for that particular product or

it doesn't have

enough ways that somebody could call a

product like for example one of the

products that became popular about a

year ago was called an angle eyes ruler

right and it was an angle ice ruler and

you know like three people were making a

bunch of money selling it but the

problem is there's only one way to

actually right angle ice ruler like

nobody is calling that anything else but

to give you another example a humidor is

called a humidor but a lot of people

refer to it as a sacar holder you know

some people are typing in gift for

grandpa and then buying a humidor right

so there's a lot of different ways that

different people could call the same

product and the more keywords that

people are searching that could

eventually lead to a sale of your

product the better and so you have to do

your keyword research as well and so

that's gonna be the next step so the

keyword research tool that we use is

called as on keyword so if we take the

same example and type in scratch map

here zom keywords is gonna calculate all

the data for us so we can see that

scratch map was searched nine thousand

eight hundred and twenty four times in

the last month we can see that the

popularity really spikes as far as the

trend of how often people search it just

right around December of each year which

is why when we were selling it again we

were selling over a thousand a day at

you know fifteen dollars profit each or

something crazy like that but it was

during December because it makes a

perfect gift for people who like to

travel or need something for their house

or something like that and so that's why

there's such a massive trend line here

which is important to know if you're

actually getting into you know the

scratch off map niche because maybe you

only want to order once a year and sell

them during the summer

another cool part of xuong keywords that

of what they allow you to do is you know

you can see other words that are similar

right like cute couple gifts a lot of

people are searching cute couple gifts

and buying scratch-off maps

scratch map maps movie scratch off

poster travel map with pins world world

scratch off map right and then we can

see literally the estimated monthly

search volume on Amazon when people are

typing in these words world map poster

scratch map office decor for women desk

cool posters you know lots of different

interesting things that actually lead to

sales of this product because the thing

is people are typing in millions of

different search words every single day

and it's impossible to predict that so

unless you have the real

from Amazon you're kind of just going

blind which is why I use zon keywords if

search does have more than a couple of

thousand searches every single month and

you know overall have less than 100

reviews you can feel better about the

product and so once you've actually

identified a product looked at the

overall landscape of the product how

many reviews on average most of the

sellers have on page one what the

keyword volume looks like if there's

multiple ways to actually type in what

your product is that could lead to a

sale right not like the angel eyes

rulers then step number three would be

finding a supplier to actually make you

this product in bulk and the way that we

do that is actually using a website

called Alibaba so again if we use the

same example and type in scratch off

Matt into products we're gonna see a ton

of different stuff but another little

tip that I like to use and that I teach

my students is a lot of times the same

manufacturer will have multiple product

listings and so to save yourself time

instead of searching by products you can

actually search by suppliers right I

don't recommend searching by wholesalers

because that's just another in

intermediary who's taking a cut which

means that you don't get as good of a

deal so if you search actually by

suppliers what you're gonna see is only

suppliers that actually make scratch off

maps and so you're not going to

essentially be contacting you know the

same supplier multiple times if they

have multiple product listings up and so

what you can see is these guys have been

in business for three years I like to

look for people who have been in

business for a number of years who have

a high number of high transaction volume

right one hundred and ten thousand good

response rates total revenue is between

2.5 and 5 million you can see their last

transactions in the in the last six

months and so you want to look for

people who have you know obviously a

higher revenue somebody who responds

quickly somebody who's been in business

for five years you know or longer it is

generally pretty good you guys have been

in business for 13 years you know but

they haven't done much business recently

so you wanna you want to look for people

who've done a lot of business recently

who have a high response rate so you can

actually open up those communication

lines and then you want to actually look

for somebody who has pictures obviously

that are that look similar to what you

actually want to get and another cool

thing that you can see is if we switch

back to the product view right here

you can actually see that you know

they're charging between two dollars and

six dollars and 98 cents per piece a

dollar thirty two to twenty per piece I

know for sure what we were paying for

ours right we were paying right around

two dollars for a very premium version

of this per unit and if we go back to

Amazon we can see that a lot of people

are selling these for you know twenty

two dollars twenty-five dollars twenty

nine dollars and so if we're buying it

for two dollars and that's a landed cost

right so our entire cost to get it made

created packaged shipped and then landed

in an Amazon Fulfillment Center was

$2.00 per unit and if we're selling it

for $29.99 right that's a significant

profit that's how you actually get

products that are really going to make

you a full time income if you can find

things for you know two dollars and sell

them for 30 if you can find it for $1

sell them for 15 something like that

right because you have to factor in the

cost of the goods themselves the cost of

shipping and you have to factor in you

know

Amazon's fees for actually doing most of

the heavy lifting for you

PPC and things like that I generally

like to see at least at the very minimum

a 5x differential so you know if you're

if you're buying it landed cost is $3.00

per unit selling it for fifteen that

generally gives you a nice amount of

leeway to actually have enough profit

margins to play with so that you have a

healthy enough amount of profit to

invest in things like marketing and you

know reinvesting back into more products

expanding your product catalog and

that's really how you make a

seven-figure business or beyond on

Amazon and so once you find a

manufacturer that you're having a good

time with right who's responding quickly

who's giving you a quote that gives you

a lot of leeway to be able to sell your

product actually you know for a 5x or

more differential from your landed costs

what you want to do is actually give

them a down payment right and generally

how this works when I was first starting

it took me forever to actually pun what

the kind of normal situation was but

generally how it works and no matter

what your supplier tries to say is you

give them a 30% down payment right for

them to get started they complete all of

the work then once it's actually done

all of your products have been made you

have a third party inspection service to

come in look at all the products make

sure they're legit

once they're legit and only once they're

legit you can send them the final 70%

payment and so you can actually ship

those Goods out to Amazon to get started

actually selling on Amazon but one of

the things that I was scared about when

I first started was it's very scary

sending a 30% down payment all the way

to China you know to a supplier that you

don't really know that well what if they

just ran off with your money and so what

I teach my students and how I do it

myself is you can pay that 30 percent

down payment using PayPal goods and

services which allows you to you know

dispute that payment if there ever is

any discrepancies and a second line of

defense is you can actually pay on

PayPal using a credit card

so just in case in some crazy situation

you know your supplier ran off you

disputed it on PayPal and PayPal said no

you could still then dispute it on your

credit card and I've 100% of the time in

every case that I've had to do that have

gotten my money back via my credit card

so that's a really good way to keep

yourself safe and to feel comfortable so

you can sleep at night when you're

actually starting out on Amazon and you

know dealing with your first supplier

because it can be scary and I totally

get that and then step number four guys

is getting your units actually from your

manufacturer in China or the USA or

wherever you end up actually getting

things made all the way to the Amazon

FBA fulfillment center right in the way

that you do that is with what's called a

freight forwarder so there's generally

two choices that I really like to

recommend for freight forwarders there's

a company called Fredo's which is

spelled pretty much how it sounds

they're a large company they generally

have very good prices and there's

another company that we use inside of my

private student group called seller Kai

a.k.a I which is another really nice

company with very competitive actual

quotes when it comes to shipping so

Fredo's and seller Kai are the two

freight forwarders that I personally

recommend they'll take care of

everything for you because shipping is

very complicated and you don't want to

deal with it yourself and these guys

know how to get it for way cheaper than

you or I could get it anyways so let

them do that so you can focus on the

important things which are growing your

business and so they are going to take

care of everything

getting your products from the

manufacturer to Amazon FBA so that you

can actually get started creating your

listings and getting ready to start

selling on Amazon FBA so that you can

start to earn the full-time income that

you're interested in and as always guys

we are gonna have our comment winner of

the day for every one of our videos we

choose one of your guys's amazing

comments and we want to feature you guys

to give back a little bit so if you want

to get your comment featured on our next

video all you have to do is leave a

comment down below and make sure you

subscribe and turn on notification bells

because we always choose a comment

winner from somebody who comments in the

first 60 seconds so you have to be part

of the bail squad to actually be able to

take advantage of that and so our first

question is from Carolyn McCallum who

says what are passive income gigs before

Canadians well that's a great question

Carolyn and the answer is Amazon FBA

some of my most successful students

actually come from Canada a lot of

Canadians actually sell on amazon.com

which is Amazon the Amazon stellar

marketplace for the USA but Amazon

actually does exist in Canada as well

it's amazon.ca and so you can sell on

Amazon in Canada but I generally

recommend that people sell in the USA as

it's a much much larger market and so if

you guys enjoyed this video and you want

to learn more strategies about how you

can start to make money online check out

this video right here where we teach you

how you can make $300 or more per day

simply by typing and names I know it

sounds weird I'll prove it to you see

you there

I just made 300 dollars or I could make

up to 300 dollars literally by typing

names into a computer and that might

sound too good to be true but stick

around for this video because I'm gonna

#Best Education Page #Online Earning

online earning,make money online, earn money online, online earning, online earning sites,

 make money online free, online money income, earn money online free, money online, best way to earn money online, online income site, money earning websites, best online earning sites, easiest way to earn money online, earn money payment bkash, online money income site