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.
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.
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!
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)
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.
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?
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
@@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.
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.
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?
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😊
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.
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.
@@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?
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
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?
(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?
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
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
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.
@@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.
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?
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?
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
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.
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 👍🏻
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: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-ojOT8DzlMjk.html
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 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?
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
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/
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 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.
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
@@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?
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
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?
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-
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?
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
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?
Hey Saeed! Here are some helpful tips for Online Arbitrage: www.junglescout.com/blog/online-arbitrage-tools/ www.junglescout.com/blog/online-arbitrage-guide/
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 😊
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.
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.
