Amazon Online Arbitrage: How to Make Money NOW! (Beginner Guide)
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- Опубліковано 14 тра 2024
- Are you looking for a low-cost way to get starting now with selling on Amazon? We think online arbitrage is one of THE best ways of getting your feet wet, & we'll show you how it's done! With online arbitrage, you won't have to create your own product, do your own marketing, or even write your own listing. This video is intended to be a full overview for beginners, & we've even thrown in a few secret tips along the way!
So how does online arbitrage work?
Essentially, you find a product that's on sale & selling for cheap somewhere online (like Walmart or Target), & sell it on Amazon for a profit. If you take advantage of Amazon FBA, you won't even have to deal with packing or shipping your product, Amazon will take care of all that for you (& even boost your product in the buy box!). This is still a relevant, low-risk, & completely legitimate way of selling on Amazon!
You won’t need any paid software to find a product to sell- we'll show you the step-by-step process of online arbitrage sourcing through Brickseek.com to find amazing deals & discounts!
… Remember to bookmark this video so you can always come back and jump right into any section by selecting a timestamp below ⬇️
0:00 Free Strategies to Starting with Online Arbitrage
0:05 What You’ll Know by the End of this Video
0:19 Using Brickseek.com to Find the Lowest Price Possible
1:13 Understanding the Buy Box
2:54 How Much Money can You Actually Make: Understanding Profitability
3:06 Shipping the Product to You from Walmart
4:25 Trick to Calculating Shipping Costs to Amazon
9:03 Understanding Amazon FBA Fees
9:45 Using Amazon’s Revenue Calculator
10:29 What Should You Set Your Sales Price to?
11:16 Why You Should Price Your Product Within 2% of the Lowest Offer
12:15 Online Arbitrage Sourcing: How to Find Products to Sell on Brickseek.com
13:16 Finding Amazon Restricted Brands
14:14 What’s the Worst Thing About Online Arbitrage?
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#JungleScout #AmazonFBA #HowtoSellonAmazon
Online Arbitrage vs Private Label... which team are you on? 🔥
Team private label! 💯 Although OA is peaking my interest more and more each day
Team Online Arbitrage!
Nice! Is that your current business model?
@@junglescout Yes I'm doing OA, I was PL and it wasn't a winning product :(
New seller here for German marketplace. Online Arbitrage for 8 months to get to know the platform. Then moving on to PL.
Really confused how to find sources in the Western EU market. Do you have recommendation for a tool for the EU (non UK) marketplace?
Currently Amazon profit calculator gives extraordinarily high fulfillment fees. It is frustrating, when checking the products and I could not find a product with viable margin.
Good stuff
Looking for more on Arbitrage model!
Hi great informative video thank you (I subscribed your channel). but i was little discouraged doing the amazon FBM. I am planning to start this for the first time but you said amazon will give priority for FMA against FBM. could you please suggest in details?
you are doing wonderful job....thanks JS.
Thank YOU for watching!
they are doing amazing jobs
Awesome 👌 amazing trick and tips. Great advise🔥🔥🔥💪💪
Hey! Thanks so much, glad you enjoyed the content! 🙂 --Lenny
I think it is very clear on what to do on many things
On Fire this great Video. Awesome!!🔥🔥🔥🔥🔥🔥
Thank you for the feedback 🙌 Glad to hear you like it!
Very helpful video. Thanks for the free info
Hey! Thanks so much; glad you enjoyed the content! 🙂
I love that they always produce good contents for most people. Jungle scout is one of the biggest name in the industry
8:38 - you now have spent $14 per item just about, to sell for $28 with free shipping...so $14 profit minus fees maybe you make $8 per bag,not to mention the lowest price on Amazon when you went to list it was actually $18 with free shipping, and also the fact that Amazon itself sells the item so you will never get the top of the buy box. Been selling online since 1999...double your money is a good way to go bankrupt unless you are constantly reinvesting your profits and do no expect your profit to pay any bills. Its also a great way to accumulate debt as prices drop/rise so randomly in this business. I would never touch a product that is not 75-80% profit as a starting point, and that is for a hot selling item in high demand, because I know it won't be long before it's back down to 50% or less.
Great Video! the only im confused is the creating shipping plan, since am using 3rd party prep service i should select fulfillment by seller? or FBA?
I assume you are using a third-party prep service but still sending your products to Amazon for fulfillment? If so, that should still fall under FBA. You will only choose Fulfillment by Merchant if you ship the products directly to the buyer.
@@junglescout Thanks!
FBA is best because you don't worry on Coming orders
That's what we believe in as well! 🙌
Hi
Interesting Video, is there a UK version of Brickseek?
How can we avoid IP complaints in online arbitrage model?
very nice information
Hello Guys,
I was wondering once we list the product do we need to optimize it by adding photos, description bullet points, etc?
Also is PPC recommended?
Yes, we highly recommend optimizing your listing and yes, if PPC also helps on generating sales by adding traffic to your listing.
Thank you so much jungle scout team. I've always love watching your videos. You all have been doing such an amazing work.
I've a question regarding Online Arbitrage, I'm from Pakistan and I want to find best prep centre in USA to deal storage, shipping, repacking etc. Please could you suggest best possible prep centre? Or any other idea so that I won't face any problem sending inventory to amazon warehouse. Please help me out, my OA plan is only stuck here otherwise I'm about to jump into amazon.
Have you tried checking out freight forwarders? You can check out Freightos
$1.5/unit under lbs for prep in newyork
Is there any alternates I can use for brickseek in the uk that anyone knows off please? Would be greatly appreciated thanks in advance.
very nice sir its really very helpful and informative... love from Pakistan ❤️🥰
Hey! Thanks so much, glad you enjoyed the content! 🙂 --Lenny
hi thanks for the video . I need to know if I can ship the products directly to customer after I get order from the market that offers a low price ?
You can!
Hey Jake and Lenny, Lenny and Jake. Both of you are outstanding pros! 😉 I'm learning way more from your videos than from an expensive course I bought some time ago. I'm sweating a lot with private label FBA methods but since this last OA video I'll give it a try with OA.
One question: I will use FBA. All the items purchased online in those big stores must be shipped to a prep center and when ready they'll send the items to AMZ warehouses, right? None of the stores will pack the stuff according to AMZ rules so I may avoid prep center's costs?
This is tough, most store packaging is good enough - you just need to know where it's coming from and the dimensions of the items. That's why it's best to send to yourself or a prep center
I can't find the link that you mentioned at 13:00 about THE STATE OF THE AMAZON SELLER
here's the link for the State of the Amazon Seller report: www.junglescout.com/amazon-seller-report/ 😉
Genius
Thank you for the videos, since we are doing arbitrage, and we create a listing from a existing ASIN, do we need to run PPC like from the beginning automatic and then manual, etc?
Yeah! Check out our PPC best Practices here:
www.junglescout.com/blog/amazon-ppc-best-practices/
thx
Could you please summarise in two or three lines what you basically did in order to have an estimate of the shipping costs? (I just got lost in the procedure)
You can check out this article for that www.junglescout.com/blog/shipping-to-amazon-fba/
Please help me understand. I reckon i have a fairly good grasp understanding the differences between private label, wholesale as well as retail and online arbitrage but what would you classify buying non branded products in bulk on the Alibaba platform from either a manufacturer or Trading Company, and then selling on Amazon FBA at a higher price? In essence, the same process as private label, minus the private label (logo and package design)?
Hmmm 🤔
I would assume this would be the same as Private Label but without the security of others being able to hijack your listing at any time as there's no Brand to Trademark.
@@junglescout thanks, that’s what I thought, I’m just surprised nobody talks about this in any of their videos as a potential option for beginners such as myself before actually transitioning to private label. Thanks for your response 👍🏻
ONE QUESTION:
If I buy something from Walmart or any other online store and send that product directly to Amazon fulfillment center, is it right? Or first I have to buy from any online store like Walmart then repack it after removing Walmart packing and then send it to amazon fulfillment center?
And what should be address if I am online buying and sending directly from Walmart store to Amazon fulfillment center ? What should be shipping address at "from" section?
It's best to repack however you can send it directly and pay Amazon to label it for you!
Hey Jake and Lenny, Lenny and Jake thank you so much. human helper
Hey! Thanks so much, glad you enjoyed the content! 🙂
(time-4:45) If they submit a complaint against me, will my account be BANNED if I create a list of "New" (me too) products on Amazon (party wholesaler or FBM) products without their approval?
Yes, that is possible.
If my Walmart is just down the road from an Amazon warehouse in my city, can I save on shipping cost and just deliver the items myself as an fba seller?
Unfortunately, only authorized trucks can drive into Amazon fulfillment warehouses. You'll still have to ship them in!
I have a couple of questions: 1. What is the best software for beginners? Also, Private Label vs Arbitrage?
I am highly recommending Jungle Scout, especially Freedom Builder Bootcamp if you're just getting started and are new to selling on Amazon. It includes multiple modules for every stage of the journey, along with live coaching sessions with our very own, Greg Mercer and Rolando!
if you want to be on the arbitrage game you must have keepa and all the other stuff are not an must. Arbitrage is an easier way to get start
Awesome video, brickseek is in USA do you know any app similar for people in Canada
I found this deals site online as an alternative for brickseek for the CA marketplace: stocktrack.ca/ This guy explains everything you need to know on the deals site: ua-cam.com/video/ojOT8DzlMjk/v-deo.html
I have two questions
1-can we send our inventory direct from supplier to Amazon wear house without sending it to prep centre?
2-will Amazon fba will give it new packaging for each product?
Hello, here are the answers to your questions:
1) Yes, you can do that
2) Yes, you can ask amazon to repack and put the label. There will be an additional fee for repacking and printing the label though.
Hello! Is there an equivalent to Brickseek for Canada?? Thanks!!
We are not aware of an exact equivalent of Brickseek for the Canada market, although I'm happy to raise it with our content team!
Why did you have to select FBM instead of FBA in order to get a quote on the shipping cost to send the items to the Amazon werehouse?
We did that just to estimate the cost of shipping 😉
Thanks first for giving advance level information...i have two Question First when signup on brickseek need a zipcode which country zip code we give
Second can we send inventory directy from website to amazon instead we first deliver where live please Ans thanks😊
This is like dropshipping. Please check out Amazon's article about this: sell.amazon.com/learn/what-is-dropshipping
@@junglescout will you continue this series of amazon online arbitrage further
@@junglescout Article you are sharing is helpful for me to understand the model thanks
You're more than welcome!
I'm a little confused with this. The price shone on Brickseek is not the actual buy price 😕 By the time I do all the click throughs to actually purchase the product the price is much different than posted on brickseek, a lot of time 3, 4 or even 5 times higher. Or the full retail price in the store is the price Brickseek is claiming to be 80% off. Is there something I'm doing wrong?
I suggest reaching out to Brickseek about that.
hi kindly share the link of state of the amazon seller in description.
Here's the link where you can download the report: www.junglescout.com/amazon-seller-report/
What about brand iP complain and if amazon demands for invoices?
It would be best to have invoices for all the products you list on Amazon, in case they ask about it!
While this video makes it look EASY, I am not having the same experience. I can find the same exact price for products on Brickseek as I can in amazon, not including warehouse fees etc. Is there something I am missing? I have been taking the course, but it is geared more towards private label and not retail arbitrage, which is why I bought the course.
Yes, our course is focused on the private label, but you can still learn a lot from it if you want to do retail arbitrage 😊
Please make a video on how to talk to the brands or suppliers
Hey there! We do have a great video on negotiating with suppliers here: ua-cam.com/video/-S1MH6Zqxq4/v-deo.html
Do you need a laptop to get started? Or can i use my phone?
The Extension will not work on mobile devices, so its best if you have a laptop or desktop.
If i find a product and i can buy it in bulk on walmart and buy 10 or above is this enough to get me approval to list it on amazon? Will walmart give me enough documentation to get me approval to sell said product i guess is what im asking? thank you
I believe this article will help and guide you through retail arbitrage: www.junglescout.com/blog/amazon-retail-arbitrage/
Hi. I am living in Hawaii and doing retail one is so hard for me since shipping to Maryland Amazon warehouse is like $550/ 100lbs 😑
When you do online Arbitrage, do you still buy online and ship to your house to do label for each of your product then ship back to Amazon warehouse, or you just ship directly to Amazon warehouse and pay the fee for them to do label for you?
I am thinking of this way to avoid crazy shipping cost from Hawaii. Thanks.
You have the option to ship it to Amazon FBA. Our article here can guide you on this: www.junglescout.com/blog/online-arbitrage-guide/
@@junglescout hi, thank for your link. I read the article but it says buying online and ship to my house, means I still need to ship from Hawaii to mainland which I try not to do it due to 10x higher expensive shipping cost.
If I want shipping directly, for example from adidas/nike website to Amazon warehouse, can I do that? How can Amazon knows that shipping box is mine and how Amazon knows 20 products inside are mine too?
Thanks.
I am afraid that this won't be possible 😞 The best option would be to ship it directly from a supplier to the customer
So we are essentially buying items in bulk from companies in which we may or may not need license to sell from… at a discount and reselling them on Amazon at a more profitable price? Can we dropshipp from Ali express to Amazon? Is there a way to not physically store a product but still sell on Amazon FBA?
Yes, you can purchase products from Ali express for dropshipping on Amazon, but first, you would need to come into an agreement with a supplier ☺️ And if you want to sell via FBA, you will need to store the product in Amazon's warehouse
Can we buy branded products? or what will happen if anybody would claim that product?
We don't recommend branded products unless you have permission from the brand!
Can I buy products from Amazon at a cheaper price and resale it there if it's FBM?
I believe that it is possible. You can also check out this article here: www.junglescout.com/blog/how-to-sell-on-amazon-fbm/#:~:text=You%20can%20fulfill%20your%20own,the%20process%20themselves%20in%202021.
Hello sir it was very helpful How can we do retail arbitrage in Canada because you said this application is not working in Canada
The tools do work in Canada!
@@junglescout thanks to this video, I went on their site as I am in Canada as well, but I can't find where to change it to Canada.
Hi, JS team You can help me in a question?,. yes definitely, I know You guys are doing your work effectively. My Question is, If I purchase a Product for OA purpose from any website, I Can send it directly to FBA center? Or Prep Services I will avail for this process? as I am in Pakistan. I am quite near for OA at initial basis, than I will move to PL in your (JS team's) patronage. Thanks
When you create a shipping plan, Amazon will determine where your product will go based on the marketplace yo are selling 😊
Do you have to be a professional seller account on amazon to be eligible for the buy box?
Yes. That is right. www.junglescout.com/blog/how-to-win-the-buy-box/
When we send product directly to Amazon fba ,will they repack and label it
Yes, you can ask amazon to repack and print the label. There will be an additional fee for repacking and printing the label, though.
Hi
Can I use in the uk?
Yes, our tools support the Amazon UK marketplace.
While the product is on a huge discount and the profit margin seems great, i thought we're supposed to avoid competing with Amazon for the buybox? Sure we'd make money if we undercut Amazon's price but how many consumers even check for other sellers?
Some people would rather not sell against Amazon. Greg, our founder however, is quite happy to compete against Amazon listings.
In some ways they are better, since products listed by Amazon probably aren't going to be focused on as heavily as an FBA seller would. Also, where FBA sellers may try to undercut you or sabotage your listing with false reviews and the like (this isn't hugely common - so don't worry!), but this is never going to happen with Amazon.
Am so sad Amazon wont let me in without a credit card. I did not know this before or else i would not have started the process or but any products.
I'm sorry to hear that. 😓
When I am check the products with the Jungle Scout Extension, some products Say AMZ others say FBA (on orange color) What is the difference between them?
and others say Merch? What does that means?
That's the type of Sellers. FBA is fulfilled by Amazon, AMZ is for Amazon and FBM is fulfilled by merchant.
@@junglescout what does exactly AMZ work? They pack and ship too?!
You got that correct! You can also check out this article for more info: www.investopedia.com/articles/personal-finance/070215/how-buying-amazoncom-works.asp
@@junglescout one more question. What is the different between AMZ and FBA?
what if you live RIGHT NEXT TO A FULFILLMENT CENTER? Cant i just drop it off. i literally live in like 10 min drive from my house lol.
Is it the Fulfillment center that shows on the shipment plan?
Hi, I have been struggling with finding UPC codes for online products. Can you please help?
Hi there, this Blog should help:
www.junglescout.com/blog/buy-upc-codes-for-amazon/
@@junglescout Thanks for your reply. But my question was How do find the UPC code of a product that you find on Brickseek and want to resell on Amazon as Retail arbitrage?
This article may help: daily.slickdeals.net/shopping/guide-brickseek-at-walmart-other-stores/
What about the Section 3 Invoices Suspension?
Amazon can suspend you if they notify sellers of the breach and they fail to cure it in seven (7 days) after that notification. Amazon will waive any sort of head's up or give sellers time to fix things if they think a seller has: Exposed Amazon to liability with a third party.
@@junglescout I mean to say that in online arbitrage, we don't have invoices because we purchase from online retailers. So at any time, if amazon demands invoices of 3 ASINs, what should we do?
Even if they are purchased online, you should be able to get an invoice when you purchase them..
Is there any brick seek equivalent for the United Kingdom?
Not at the moment!
When is FBA Fees charged? When sale occurs or when the inventory is live?
Amazon FBA fees are incurred for every sale transaction. You can check our article here for a detailed explanation of fees pulse.ly/vnvgjgqa6v
@@junglescout dear thanks for your prompt response, also can you please advise if we can send shipments to Amazon in box size less than 25*25*25inches?
You can check this article for the shipping requirements: pulse.ly/df6qhqhis5
Can I sell products that is already sold by Amazon or better to avoid it?
Yes you certainly can sell products sold by Amazon.
Some people would rather not sell against Amazon. Greg, our founder however, is quite happy to compete against Amazon listings.
You can sell if there is no amazon dominant if dominant then all sales will be taken by amazon
That's quite often the rule, but there are sellers who compete with Amazon and are still making lots of sales!
Does brickseek works for Canada aswell?
From our understanding, Brickseek only shows retail locations in the US.
@@junglescout Can Canadian sellers take advantage of Brickseek by jumping on the US Store of Amazon and the use of a prep center located in the US? Could this be an option? Would it be recommended?
how about the brand request approval
I believe that Amazon will require a written document from you about that. Here's a great article I found that might help you: sellercentral.amazon.com/gp/help/external/G2N3GKE5SGSHWYRZ
good
🥰
Can I do this from outside the USA?
Of course! You can seel on amazon.com from almost anywhere!
Hi sir how will take training today Pls let me know
Which training are you referring to exactly? 🤔
@@junglescout hi for beginners need to which one more easy also want to learn FBA and privet
You can check our Freedom Builder Bootcamp
www.freedombuilderbootcamp.com/go/
One more Question, can I do FBA and dropshipping on one account?
Yes.
Definitely don't recommend dropshipping on Amazon. It's against TOS and will get you suspended if caught.
From our understanding, Amazon does allow dropshipping for as long as the seller identifies themselves as the seller of record - not the supplier. You can view the Amazon policy here: sellercentral.amazon.com/gp/help/external/201808410 😊
@@junglescout Thanks Love JS
@@Brevfba Thank you
I am from India.Lets say if I have to purchase any thing on any website I need usa credit card or gift card .
Because Indian card will be declined due to billing address.
What's the solution for this .
How I can get voucher or gift card to process the order
You can try other payment methods if your card is not accepted.
Which payment method that's the question
Have you tried Paypal?
@@junglescout paypal not working.can you suggest how to get voucher or giftcard.Or any other payment method.
have you tried reaching out to Paypal Support to sort this out for you?
Does anyone know good online Arbitrage tips for UK?
Hey Saeed! Here are some helpful tips for Online Arbitrage:
www.junglescout.com/blog/online-arbitrage-tools/
www.junglescout.com/blog/online-arbitrage-guide/
You are educating those who do not know what you know, you should really slow a little when talking so we can catch up with you , really important , you are not talking to yourself
Thank you for sharing your feedback, and sorry that the pace was a bit too fast!
does this work for UK or US only?
Hey Saeed! Jungle Scout is supported in the UK marketplace as well. For your reference, please check out our list of supported marketplaces to learn more. 🙂
support.junglescout.com/hc/en-us/articles/360008768953-List-of-Supported-Countries-Amazon-Marketplaces-
I have selected several discounted products at Walmart for my collection to watch, but after a day or two, one of the products Amazon also dropped the price. Is there any way we can try to avoid this situation when we are selecting products?
Looking forward to your answer, have a nice day
You can expect a lot of price reductions esp right before the holidays so we suggest tracking the product for at least a week to see if it s worth going for it.
Hi, I Always get deep and clear info about Titled topics you provide. You can help me for 1 thing to understand please ?? Q 1) If I purchase a product for OA from any website and than will ship to Prep center, how I will put PUC code for Listing that product ? I means I will purchase a new UPC or Prep centers have any option to provide me?
2) If I purchase 10 exact same units than I need 10 PUC codes for listing or dispatching to FBA center? Here Faisal Malik from Pakistan ..
1. When doing OA, you will need to use the UPC that is already on the packaging of the product
2. If these are all units for the same product, you only need 1 UPC code for all units
@@junglescout 1 More thing Sir, Because I am not Seeing Products when Doing OA, How I will get to know that UPC for listing??? on other hand I should buy new one? .. (My English sentences are not good I hope these make sense)
If you want to do OA, you need to sell the exact same product you purchased from the store. There is no way to apply your own UPC, or modify the product in any way. And if a product is already being sold on Amazon, you need to sell on that existing listing
@@junglescout You know, Some time a light direction impact on whole way of working. same here, I got it, Appreciate that, May JS you and your team grow with blessings. ameen
Thank you so much! We are glad to be of help! 🙂
Is there a Brickseek for Canada?
I did a bit of research and looks like Brickseek doesn't support Canadian marketplaces. Sorry about that. You can check for alternatives online.
@@junglescout
That suck! Brickseek is such a useful tool. Thank for looking into it!!
🥰
do you have some help for Germany too?
Great suggestion! I'll forward this to our Content Team, and maybe they can create a video dedicated to the German Marketplace. 😉
@@junglescout thanks a lot :)
Anytime!
amazon ask for invoice does amazon accept brickseek invoice?
I don't believe so, though you could send this, and they'll get back to you with exactly what they can accept.
Wow 15min video better than hours courses
Thanks for the lovely feedback! 😉
The guy is so cute 😭😂❤
😊
superb I really appreciate your work, easy to understand, please guide 1 more thing or share link, I live in Pakistan and want to try Arbitrage business before going to PL, 1) I f I purchase a product from Amazon for Arbitrage purpose and who will receive this in USA ? I Can send this product Amazon to Amazon FBA center ? (2) if I purchase any item from other website and I can send this to Amazon directly? or any third party is available who will receive and prep on my behalf. Your prompt and positive response will be highly appreciative.
Yes, you can send the product to the FBA warehouse for fulfillment. Also, about your second question, I believe that you hire someone to do prep on your behalf. You can check out this article here: www.junglescout.com/blog/dropshipping-on-amazon/
@@junglescout amazing, I means you Answer my questions with accuracy. .. Allah bless you and your team. .
You're more than welcome!
Don't you have to get ungated from a lot of items first to resell it on Amazon? I hear you can get deactivated for selling products without the brands permission.
It is important to get permission from the brand owner if you are selling wholesale.
@@junglescout can you send me a link that shows how to do that?
Check out our Wholesale video!
Yes, you need to be ungated. Not just get "permission" from the brand, you have to be ungated.
can you please teach me online arbitarge
We've got loads of free resources! Shoot us an email at support@junglescout.com, and we'd be happy to share them with you.
@@junglescout is there Free course on online arbitarge?
This is our latest video about Online arbitrage
You didn’t mentioned that you need approval from the brand owner before selling most products on Amazon also this strategy can result in your account being deactivated where you loose all your funds and stock. It’s happened to me twice
Why would you loose all your funds though? Seems illogical
@@jimmydepanama8294 when you make a seller Amazon hold your funds for a certain amount of days and if your account is deactivated you don’t receive your funds untill you reinstate your account which I’ve been unable to do , also they kept my stock.
* seller - sale
@@gman8438 are you talking about ip complain?
@@gman8438 I can completely reinstate your account if you are interested
Most brickseek item costs are the same on Amazon. 😊
the key word is MOST. Once there are not then you get yourself some profits to play with