what is going on Amazon sellers or hopefully soon-to-be Amazon sellers my
name is beau crabill the founder of Amazon FBA University and in this video I will
be going over time management for your Amazon business now this is probably one
of the most important things you can have that I don't just give to you okay
because now I can give you all the knowledge all the resources all the
suppliers you have but if you are not using your time you're gonna get
frustrated you might want to stop doing it and you're not gonna be going down
the right path okay because it's all about working smarter because it really
wants about what time management it's how do I work the least amount of time
to get the most amount of results and the most amount of success with working
the least amount of time okay now another huge reason why I'm bringing
this up is because you may have noticed that I actually haven't posted a YouTube
video in about four days that's because I have a few projects going on for
myself right now in the business aspect and some people inside Amazon FBA
University I've heard a few of these things but one thing I'm doing right now
is I'm buying equity into a wholesale company now if you're not sure what that
means is I'm literally going to be a part business owner of a wholesale
company that sells products to retailers so products to people like myself and
like members in Amazon FBA university now there's me a lot of benefits of me
owning part of that company can get a lot of lot of insider information
basically to the Amazon University members because basically I'll be in
charge of is sourcing for online products and basically working with them
and giving them to good people who want to go or good retailers okay so that's
one thing I'm doing right now next thing I'm doing right now is I'm starting up a
company with a programmer who would this company's gonna be all about for Amazon
tools so right now we have one tool that is basically going to be finished on
December 1st and it's basically to make your product research a lot faster it's
similar to price check or to or aims the analyzer but it's me a lot more user
friendly to be available for the Mac version so that is something we're doing
right now the next thing I'm doing is we just got this done actually is I'm
partnering up with an on gating company so we've actually signed everything all
the way go documents and now it's just the part of integrating with it okay
so inside Amazon FBA University people get awesome deals everything like that
but right now we're just getting the process
of integrating so that's been taking a little time right now because I'm doing
everything in the aspect of Amazon you can think about buying to a wholesale
company I have the Amazon tools and on getting services so pretty heavily
invested into this Who I am is on thing okay but now I mean with your own Tower
Amazon business it should take less than 45 minutes a day to be honest right now
it's basically taking me nothing my day like literally zero minutes because I'm
not even buying any inventory until late February because I have a pretty good
amount of stock right now and that's really about it
so where we going over in this video is simply how to manage your time to work
the least amount and get the most amount of results okay so and also if you stay
until the very end of this video I will actually be showing you how you can get
a free seven minute video that shows my top three secrets of what the 1% of
Amazon sellers are not going to show you okay so you can see that the very end
but let's get into this video okay so time management now this is important
but probably a more important thing you need to understand is what your goal is
and then reverse engineer that okay so say if you want to make $5,000 per month
now you know what I would tell you you probably only need to work with one
supplier and try to get that one supplier to make you $5,000 per month
which is not very unrealistic at all the supplies I give you access to inside
Amazon if a university these guys on kind of the low end do 20 million in
sales a year a lot of these guys do even more so they're their companies okay now
do you think you can just work with one person and generate that okay it's not
that difficult to do that I can't guarantee anything so to be a lot
smarter to work with just one or two guys to get to that point because a lot
of people say I want to make ten thousand dollars per month with twenty
thousand dollars per month they don't realize that if you work smart you can
do that with just one person okay I'm just getting out there but definitely
just working smart and because all you're gonna be doing is you're gonna be
sourcing your product research I'm going to be ordering okay that's all you're
gonna be doing for spending your time with your Amazon business now you might
spend a little time of making sure your price is at the right point or
everything like that but that's not a lot of time but okay so what we're gonna
get into is we're getting into sourcing products research and ordering products
because that's all you're gonna do okay so for sourcing i really suggest of
working with one two suppliers when you start out with okay because today i
still only source or basically buy products from seven to ten different
suppliers okay and now the and why is because you do not mean more
than that at all you really need one to two suppliers to have a full-time
business okay and now I have access to over 500 plus of them but you really
only need one to two that's what I definitely noticed with most successful
members Amazon FBA University is they said okay I'm gonna get this one
supplier to generate me whatever about dollars because they can it's just an
amount how much fine how much you kind of spend with them and
kind of go from there okay it can be a lot smarter to work with one to two
suppliers than 20 30 40 I don't even work with 20 okay now with that
basically all you need to do is email them further a current list of products
that's gonna take five minutes or so sending them a simple email the next
thing we want to do is organize their products so when I say organize their
products if the supplier like just has their products in an excel file or just
on a website and you want to organize okay I'm gonna be going to this website
I'm gonna be going to this section of the website and I'm gonna be doing the
research there that's kind of what I mean by that now the next thing is that
simple shouldn't take more than 15 minutes
okay so just getting the procs sourcing them and organizing should not take more
than 15 minutes the product research part that's gonna be the most
time-consuming one which really isn't time consuming the more you do it the
better you get the faster it happens and everything but the first thing you want
to do which is a time-saver is narrow down the products and what I mean by
that is there's a few tools which actually the tool I was just talking
about that's what the purpose of why we're creating it is to narrow down your
product research so narrow down to see ok I only want to see products that have
a 30 percent or higher ROI I only want to see products that have a sales rank
of 20,000 and lower so just narrow that down because you know what you want to
get and then the next thing that should take about 10 minutes or so and now the
next step would spend about 45 minutes doing the research on those products so
you've narrowed it down you know kind of what you want now let's kind of go
research those procs so let's go look at the page on Amazon let's go look at the
sales rank let's convert that sales ranks to sales per month let's go look
at the profits and the fees let's go look at my ROI let's go look at keepa I
mentioned take a lot of time okay especially if you're working with one to
two suppliers get a couple you got a good amount as a proxy look through and
yeah and then the next you would spend about 10 minutes double
checking those procs so you narrow down the products you then research the
products it said okay maybe I don't want to get that one because maybe I don't
want to spend how much money now so now maybe you narrowed it down to a few
proximate ok I'm really good these definitely fit what I want to do now
just let me go double-check those prongs okay let me measure twice and cut once
should take about ten minutes and then the next step once you have that you can
see this is a very simple business is you order the products so what I mean by
that is simply email inspire say hey I will take whatever amount of these hey
I'll take all of these that you have or hey I'll just take the moq on these
simply just go place the order maybe it's on their website but in most cases
you're gonna be emailing them the next thing would be pay for the order okay so
they would send you the invoice you'd go wire the funds you'd go pay through your
bank you would go thrown a credit application should take about 15 minutes
maybe including the driving time okay now the next step would be logistics so
they send you the weights and dimensions of the products and then of the shipment
and then you basically put those weights and dimensions and instructions into
your Amazon account you go create for shipping plan you've generated box label
send that box label directly to your suppliers and then they will ship
directly to Amazon and that should take about ten minutes now I mean when I'm
saying the work that you're actually putting in for ten minutes because the
time of them like package up that takes them a lot longer but for you creating
up a shipping plan should take about ten minutes and that's really all you need
to do okay to recap it right you're gonna be sourcing you're gonna be doing
proc research and you can be ordering products so sourcing sourcing should
take about 30 minutes or so especially would just work with one to two
suppliers because you really only want to work with just a few suppliers so to
start if you work with 20 and you're getting 20 emails from people you're
like oh where do I start you're gonna become overwhelmed okay because you do
not need 20 suppliers you just need a couple to really have a full-time
business okay now the next thing you want to do right
is the product research so that should take the most amount of time you want to make
sure you're doing it right now you might be a little slower at this at the start
but you become faster and more efficient about doing that and you'll have a good
understanding of what you want to see in the products next thing is ordering them
and that's it and the bonus tip I can kind of give to you is don't work with
too many supplies you're gonna overwhelm yourself it's again it's working smart
it's about you the least amount of time to get the most
amount of results that's really about it okay
so hope you guys really like this video and if you do want to see a cool
seven-minute video that shows the top three secrets of the 1% of Amazon
sellers all you got to do is there will be a link the first link in description
it will take you to that video and I'll directly email that to you and be a
really cool video to kind of understand more this process and what this business
can really do for you but make sure to LIKE subscribe and ultimately have a
great day