How to Use the Amazon Seller Scanning App for Retail Arbitrage (Step-By-Step)
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- Опубліковано 18 чер 2024
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This video is going to be your ultimate blueprint on How to use the Amazon Seller Scanning App!
I sold over a million dollars last year and I’m going to share all I know and break it down to the TEE step by step so ANYONE can do this if you’re going to shop at TJ MAXX, Nike, Kohl’s, Walmart or any other retail stores!
WHO AM I?
If we haven’t yet before - Hey 👋 I’m Lester, I used to work a 9-5 and turned into an entrepreneur after I stumbled on Amazon FBA. Through my videos here on this channel and writing, I share experience-based tips and strategies to help you be more successful and build an online business you love.
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Very straightforward. I love your video.
Awesome man! Thanks for the support!!
great video, easy to follow and understand learned some new helpful things
im glad it was helpful! What other videos would you like to see? Thanks Elijah!
REALLY APPRECIATED
you are welcome!!
Thank you so much for the information..my question is about the retuning product for example, someone bought the product that I list on Amazon and return it, how can deal with that?
depends on the condition how they returned your product. If its damaged - it will be loss unfortunately. If its still good condition - it goes back to your inventory to be sold again! I go over it in detail on this video here ua-cam.com/video/bgam3yGH85k/v-deo.htmlsi=afGrfvQvb64Mc5Y4
Detailed video, thank you. A few more questions, if the product is promising, would the next step be to purchase and creating a listing? if yes do you have a video. If there are various listing of a particular product on Amazon, how do I know the right one? Thank you.
The next step would be to analyze the product price This video I show you here: ua-cam.com/video/60dtkt4hU7M/v-deo.htmlsi=iNzg1SYqjvyKGPld
@@lesterjohn1106 thank you!
Thank you so much for this informative video. Where can I get reseller permit, online or in-person at states office?
Thank you! You can do it online. Just google reseller permit and the state you live in and they will have instructions for you.
@@lesterjohn1106 Thanks!
After the buying the item ! What do we do after we shipp it where im not understanding
You will ship the items to Amazon warehouse. After the items check in - the items will be available for someone to buy on Amazon. Amazon will then do everything like the shipping & stuff to the customer who bought your items.
Hi
i have just started my Amazon journey but i need one to one mentorship for both private label and wholesale and also selling on shopify. Do you have any such paid courses etc.
I wan to know if you have to pay any monthly fees for using amazon warehouse for your inventory/products?
yes there's a monthly fee for storage. you can read more info here from amazon supplychain.amazon.com/?ld=PS_US___Branded-terms_how-much-is-amazon-fulfillment-fee&ld=PS_US___Branded-terms
When approval is required to sell an item on Amazon, a purchase invoice from the manufacturer or distributor is needed so a sales receipt from a retailer won't work, correct?.
Yes that is correct! Sometimes in rare occasion, they do accept. Just to be safe always use a legit supplier/wholesale distributor for invoice. How long have you been selling?
@@lesterjohn1106 I've only been selling for a couple of months so I'm still trying to figure things out. I've tried getting approval for an item using the seller app on my phone and typically I get a message that says I need to get approval on my desktop using Seller Central. If this is the case how do you know what to purchase at a store if you're going the retail arbitrage route to begin?
How you pick which sizes to pick-up or mix and match?
what do you mean exactly? If can add more detail to your question
@@lesterjohn1106 ment to say product sizes when buying for arbitrage
How do you choose size of products? Does it matter?@@lesterjohn1106
How are your sales looking for this yr? Another mil? More? Less?
yes sir!! Only up from here! hbu?
please help! the stupid revenue caculator looks completley different now! it asks for item price and cost of purchase??!!??!
Yes - so you would input that information of how much it cost to buy. Then it will adjust accordingly
@@lesterjohn1106 for item price, do I put what I think it's gonna sell for?
Why doesn’t my AmazonSeller app ever read the barcode? Does anyone know what I can do?
have you tried re-installing the app? It could be a glitch
hello! so realistically you can’t just go based off of the information on the amazon seller app, you need another app to actually make good sales?
You can use the seller app itself, but if you want more data and information its good to use Selleramp and KEEPA to help make it easier for you
@@lesterjohn1106 thank you!!
What If the variations aren’t listed on Amazon
great question! You can either make and add one!
The app don't let me scan. It makes me go to the browsers. Ty di t work. How can I scan ?
Did you create an Amazon seller account?
@lesterjohn1106 yes. I've been a seller. How can I stop the app from sending me to the browser? I just want to scan an item in the seller app.
@@geralddial3154 im not sure never happened to me. I would try contacting amazon to see or uninstall and install the app again. Hopefully its just a glitch!
Bruh u sayin all this but when u buy the item then what ? Where do we go with the item since we scaned it ?
You send it to amazon warehouse and so it will be available for someone to buy it. Watch this video where I explain it: ua-cam.com/video/QJNySPR-moo/v-deo.htmlsi=UGs4aiaC-u0buKvl
What’s ROY?
its ROI = Return on Investment (basically profit from products you buy)
I think I like buying , way more than selling.....l to much stress.......I think im gooing to go watch a video on Amazon Prime Lol...........
hahah shopping, I mean buying is always the fun part right!
okay so you made this video 3 months ago , so it has to be up to date. Either you are leaving a VERY big part of the process out of this, or im missing something here. idk if its because i havent paid the $40 membership fee yet, but i have a lock on literally EVERY item that i scan and try to add to sale on my account. when i click "request approval" it tells me that i need to ORDER a minimum of TEN UNITS of the item from a registered partner or manufacturer of the item , then send the invoice into Amazon for approval. This is happening with literally every item that i scan anyplace, anytime, anywhere. Please make this make sense because everyone has a different answer.
your account is new so you will be "gated" on alot of the brands. Watch this video on how you can get approval to sell ua-cam.com/video/xvrWM4UPY78/v-deo.htmlsi=PrXbBHbLL8I8cDzI
@@lesterjohn1106 so why are you and all these "gurus" making these "begginer" videos on retail arbitrage, scanning Nike shoes and listing them like its nothing, leaving out the fact that 80% of items they come across or buy, will likely be blocked from adding to their store. Without spending money to buy 10 units , get an invoice and wait for approval? Is that not misleading or false information that your giving for views?
@@arifigueroa7327 Its an example to show you the process so you can know how to do it on any brands! Nike is just a popular brand that everyone knows :) Have you created an amazon seller account yet?
@@lesterjohn1106 yes.. and literally any and every item that ive scanned has a restriction/block on it. Theres not ONE item that is on amazon that i can scan and post up without it saying it doesnt require a ten unit invoice, so "retail arbitriage" is not an option more or less.
I havent paid the 40$ fee , because im waiting for my credit card replacement to come. if that holds any weight or makes a difference but i dont think so. Thats why im confused about the whole thing.
@@arifigueroa7327 you have to get "ungated" did you watch the video I sent?
need to get to the point
Yes