what is going on Amazon sellers or hopefully soon-to-be Amazon sellers
my name is beau crabill and in this video I'll explain to exactly how in one day
on Amazon FBA I made 14,811.01 and off one product that I got reimbursed
for so if you're not sure what any of this video is about II for who I am
or what reimbursements are or what happens when Amazon loses your products
or what Amazon FBA is I'm gonna explained that to you in this video and
let's get into who I so my name is beau Crabill and I have been selling online
for nearly a decade I've been selling physical products
online for a decade I start on ebay and how is it simply possible for a
ten-year-old to be successful sat on the line and the reason is that is I sell
products that are people already shopping for and then I buy those
products from vendors used by Costco Walmart and Target okay and I display
them on Amazon and I keep the markup which is typical between ten and a hundred
percent and now if a ten-year-old can be successful selling online do you think
you have what it takes to make a part-time or full-time income
salad on Amazon of course you do and over the past year I have actually been
coaching people just like yourself my proven methods of making money as an
Amazon sellers and my students come from all walks of life and ages different
countries different states and most do the business part-time however some have
found a lucrative enough to make it their primary source of income and let's
face it in today's economy I think everyone can use a little extra cash
flow am i right and now in this video I'm gonna explain to exactly again how I
made in one day a lot of selling of Amazon FBA fourteen thousand eight
hundred eleven dollars and one cent and what happens right when you are in the
online retail space because that's the business model I'm in is you're buying
products from legit United States base or domestic wholesalers distributors and
sometimes manufacturers you buy those products but then they need to get sent
to an FBA warehouse so you have a couple options when you go do that
and what I've seen some people do which I don't think this is efficient at all
of us I'm all about being efficient and as past as possible some people will
have a warehouse they give their products sent to a warehouse and they'll
go double-checked everything to make sure everything's there and it's clean
and it's no products missing people get products into their house and then
shipped to FBA what I do because I like to be passive and scalable and efficient
is I give my suppliers to ship directly to FBA to an FBA warehouse but Amazon
receives the products they then check them in they put them in stock and they
ship directly to individual and loan customers so the cool thing about that
is what I do is the businesses hands off I'm not dealing I'm not having to ship
out how it's like literally yesterday I shipped out one eight thousand eighty
pound pallet and I should have done another like 160 pound a couple box and
stuff like that but I physically didn't do it I just sent my support a couple
labels and they put on top but the cool thing about again its passive however
some bad things that can happen is what if products get lost what if I ordered
600 products in my supplier only 7,500 or what if the props got damaged and
Amazon's warehouse like what happens then so don't worry this is where the
video is getting to all right so what happens is let's say you ship out
actually I'll do this exact example is I shipped out about a thousand units of
some products to Amazon you can see the screenshot right here and 709 of them
were lost all right so that's kind of freaking me out quite a bit
cuz paid a lot of money for those all right and what happened is a few weeks
went by and actually went to go contact Amazon and I just emailed them crated up
a case ID and said hey Amazon these products right here or loss I supposed
to get a thousand these checked in only 200 or 300 and I've basically been
checked in I've sold some of them what's going on so then they started
investigation they went to go look for the products they glued this for three
weeks the case was gone for three weeks and then they never found them so we
probably saying wow well you just got screwed
no they reimburse me for the selling price minus the fees so the exact
process of what I would sell the product for so pretty much just Amazon just
bought them and at full price they deducted the fee so it's literally the
same exact process of what what I would do when selling the product so the cool
thing about that is like I mean those products that was lost I
should have been selling them over that time period parish about six weeks of
not getting those sales because investigations everything I was still
selling to some of them but pretty much those fourteen thousand dollars in sales
should have happened over the six weeks in gross sales it was gonna be over
twenty thousand dollars however it's definitely nice to know
that like if you're shipping direct with FBA and like things happen because
things are always gonna happen because there's so many miscommunications I can
happen with suppliers when maybe you're in Thailand or in Canada you're in a
different state and you're shipping from New Jersey your suppliers in New Jersey
and you guys get the products to Texas and you give them the wrong label you
give the wrong dimensions some Amazon employee picks them up there's always
gonna be mistakes and the cool thing about is Amazon is gonna go reverse it
for it so Amazon makes a lot of money they take good amount of Commission's
and that's the reason why so that's pretty cool however there is one thing I
did a livestream about this how Amazon is actually trying to go fix this now
you might say this is kind of like selfish or like guilty or whatever like
I mean I kind of wish the Amazon would keep this because it's kind of cool when
I just get paid exactly like that however they're doing things right and
they're actually working on a system it's actually going only to be for a few
select distributors and submits middle legit authorized supplies all of us
talked about and they're actually gonna let Amazon have the suppliers basically
sign into like a portal so they can go plug in the information because the
reason why they want to do that is so Amazon just have to go pay out fourteen
thousand dollars in cash they would rather have me sell those products okay
because when I sell products on Amazon Amazon gets a commission they get FBA fees
they make money when they make disbursements and reimbursements they're
just taking that out of their pocket now those products they probably found it
somewhere the problem you liquidate them somewhere else and I appreciate a
Madonna be use right now so I'm pretty sure that's where they found them
yeah and that's pretty much it so if anything ever happens with you shipping
proxy Amazon don't worry about it just be patient
Amazon's gonna reimburse you you just need to communicate with them alright so
many cases Amazon will actually automatically reimburse you you don't
have to do anything but sometimes like when there's $20,000 worth of products
that are missing or I guess $14,000 and net sales you probably should be a
little active about it and probably go communicate with them now I have heard a
lot of stories people are not getting reimbursed but it's usually with
arbitrage sellers that are sending in like ones and twosies and Amazon kind of
understands that you're not buying from authorized supplier but again that ever
happens to you make sure contact Amazon get on the phone with them email them
and have them open up an investigation okay
but again to recap this video simply how we got reimbursed fourteen thousand
eight hundred eleven dollars and one cent is I lost product my supplier lost
me products and the cool thing about this this was about six thousand dollars
of profit so that was really awesome because my costs on that were like
eleven bucks or something like that so pretty cool for that for sure thank
you for watching this video make sure to LIKE and subscribe make sure to follow
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notification bow so you can get notified for my videos and see you later all also
one more thing is I'll actually be hosting a webinar on Thursday and
actually one of the links in description you can feel free to join that click on
the webinar you're going to actually learn exactly how you can start selling
brand-name products on Amazon by buying from legit domestic United States
companies buying them all itself apart so make sure sign for the webinar make
sure you subscribe make sure you give this video a thumbs up comment down
below have a great day