Smartest Path to $10,000/Month with Amazon FBA in 2024
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- Опубліковано 25 чер 2024
- Smartest Path To $10,000/Month With Amazon FBA in 2024 - Amazon FBA for beginners!
In this video I show you a complete blueprint to start & scale Amazon FBA from scratch, what tools to use, how to do product research, getting ungated, and winning product examples
Want direct 1on1 personal coaching from me? Go here: www.flips4milescoaching.com/p...
Cheat codes document here: docs.google.com/spreadsheets/...
Ungating Tutorial: • How To Get Ungated On ...
Timecodes:
0:00 - Intro
0:33 - Choose the right business model
2:10 - How much capital do you need?
3:25 - Creating a seller account
3:41 - Getting ungated
4:25 - Product analysis
4:58 - Selleramp
6:55 - Keepa
8:40 - Storefront stalking
12:45 - Winning product found!
14:26 - Back to sourcing
15:36 - Red flag with the IP issue
16:50 - More sourcing
18:09 - Under Armour Shirts
20:10 Winning Item found!
21:40 - Building moats
23:38 - Next steps
24:15 - Outro
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Thanks for watching! Apply for mentorship: www.flips4milescoaching.com/private-inner-circle1709691968056
Free Beginners Course: ua-cam.com/video/w6fc_LLZQbc/v-deo.html
SellerAmp Tutorial: ua-cam.com/video/CEP0h6Ap0z0/v-deo.html
Ungating Tutorial + Autoungate asins: ua-cam.com/video/TD5C9cYhK50/v-deo.html
Keepa Tutorial: ua-cam.com/video/ZFcqJVBjSoI/v-deo.html
Live sourcing: ua-cam.com/video/lfLWKDS1nTE/v-deo.html
Hey bro I ordered a bunch of the free stuff from ups and I noticed its all priority/express boxes and on the boxes it says not to use it for regular shipping. Am I able to still use those boxes?
I learn something new every time I watch your videos.
Thanks bro!! Lmk if you need any help.
Miles,
Thank you for spending time doing real time sourcing and going in depth! Great to watch you do it live to reinforce my techniques and throw some additional nuggets in! Learned a lot!
Thanks!! LFG
The thumbnail goes hard af for this video! I like the new style and I’m sure viewership will show this too
Thanks JP! Working hard and having fun
Love the videos
Iv been studying here and there for a little over a year now. I don't know if I know enough yet because I don't know what I don't know. But I totally understand everything you talked about in this video and I can't wait till I know enough to get mentored by you. I just don't want to waste your time with something I should just Google or UA-cam.
You know enough to start bro! Get after it.
Banger
Appreciate it family
Great breakdown of the Buy Box Statistics
Appreciate you gang!
Hey how much profit can I expect starting out monthly?
How are you the new low inventory fee affecting online arbitrage
I m the first one ..Hi brother..how Can I catch any contact of you? ..I have to discuss..pls guide me for Amazon..
Hey Miles I know you offer a mentorship but I'm up here in fort Lauderdale do you know anybody who mentors up this way where I could actually either go to their garage or where ever they work out of... To actually have hands-on training..
Quick question. You know how on the Glossier item it says sold by: Glossier. If i were to sell that product following the steps in the video will i sell it from my own store/name or will it get added to the inventory of the listing sold by the brand itself? I hope that makes sense and thank you in advance.
What's the best equipment setup for sourcing RA in terms of 1 vs 2 monitors or 1 large monitor. And if the latter, how large?
Don't worry about any of that till ur making $10,000/month profit. I still don't have any of it.
Hey Miles, thank for the info, doing it already. Question, i cant get ungated for some of the big brands they asked me for my suppliers supplier documents and a letter of approval. Do you think its possible to get still ungated? You have any advise?
Yes it's very possible - disregard that. Any brand you see me talk about in my videos is very doable.
You need EITHER an invoice/receipt OR a letter of authoritizaiton,
Hey, Miles. Do you sell your spreadsheet templates for interfacing SellerAmp?
Nope, but with my coaching guys I share all my best coupons, tips, tricks, and strategies.
Do you do any one on one coaching? I am looking for someone to talk with and pick their brain. Willing to pay for your time also! Thank you!
Hey! I do, here's an application page: www.flips4milescoaching.com/private-inner-circle1709691968056
Hi Miles,
When getting started, is it normal to purchase lets say only 5 or so of an item to resell? Or should I be buying more? What do you recommend for listing a brand that isn't on Amazon yet?
Thanks
Start out testing nice and light then eventually youll scale up the quantities you buy as you are having fun and selling more.
@@Flips4Miles Thank you so much for your response.
Although I'm a little confused at the moment. If I make a legit purchase of 10 items from a department or sports retailer. Then apply with that receipt as proof of purchase to get ungated, will that work? When reading Amazon's policies, it seems as though this isn't allowed and that I need to be purchasing from a wholesaler or distributor NOT a retailer, what are your thoughts on this?
Thank you so much for the help!
Can I get a chance to thumbnail design? And how much money do you spend on thumbnails?
I have 80k liquid. Would it make it any easier starting with 8-10k instead of 1-3?
Way easier haha! And whatever you did to get $80k keep doing that hahaha
Is $10k sales or profit?
When we go to Buy box statistics, we can see the inventory with sellers, if the inventory with any seller is high like 500 or 1000, then we are informed that this inventory is bought directly from the brand. can we go this list for Aribitrage?
Good q - if seller stock count is an issue the price will be shooting down - it likely isn't bro. Good question
I just took on a VA, my expenses are now close to 1000 a month including my prep center, I now need to do 10k in sales to break even. Does that makes sense to you? I did 35k last month without the VA
Yeah you dont need the VA at all
Hi Miles
Quick question please, how come everytime I use selleramp to analyse a product and it shows the product selling on Amazon for £8 or less(example), selleramp shows the Max cost as minus which makes the product not profitable. So how are other sellers able to sell small products and be profitable?
The price probably tanked or theyre drop shipping with free shipping (dont do it its not allowed)
If I do retail Arbitrage (name brand). After I find, label, ship the product how do I market the product? Do I take pics and post on Amazon? Any independent marketing also?
Nope the listings already exist, you just like on them.
🎉🎉🎉🎉
W
Are you doing this 100% online or are you going into these stores in person?
You dont have to do in store but its nice extra $$$!
Dear, do you know uk amazon 20% vat tax on foriegn sellers, is it on profit or fba fees or total sales volume?
Im not sure on UK tbh.
How do you know what brands need to be ungated and which ones don't?
SellerAmp tells you!!
Hello miles
Do you support other sellers by leading them to profitable products? Do you provide such these services?
Nahhhhh find everything on your own!!
What about shipping to your own house?!! How do you calculate that?
Shipping from suppliers is free 99% of the time
hi miles
Hi Marcell!
20:26
Specifically😆
Question.
Product sourced from brand (USA WHOLESALE)
brand price: $9.60
selling on amazon : $9.99/ $15.50 / $15.98
No amazon/brand in listing.
Net margin is -42.63% is selling price is $9.99
Net margin is -2.25% is selling price is $15.99
if we include shipping and placement and labling fee then price goes up. this is one brand example.i have many such brand approval but all having same issue
My question is how seller are selling on such a low price. let me explain that brand is not giving any more discount . if someone think that product is sourced from china then it is not possible bcz such sellers have thousand of SKUS how can they sell counterfit product.all seller has thousand of units of each product.
i have many such brand same story of all brands.i ask brand they share me discounted price which is still high as compare to there selling price.
99% seller are old in such brand .
maybe your answer satisfactory .
No UA-camr is providing a logical answer.
Amazon is probably selling it themselves
@@Flips4Miles as i mention there is no amazon or brand,
I think of your a beginner you should not go sell products that have variations
Nahhhh