- Hi guys, Neil Waterhouse. This weeks video
is about how to find Amazon supplies for FBA step
by step. Last weeks video showed a simple way
to quickly find a hot niche, and also a quick way
to find items that have sold over 1,000 times.
Now I got a lot of emails from people asking for
video showing how to find Amazon supplies for FBA.
If you missed last weeks video,
I'll put a link on the screen below
to that free video. Now, just to stop any confusion
this video now is about how to find suppliers
for Amazon FBA, and this is a different strategy
to how we find suppliers for drop shipping.
Now I'm not going to go into drop shipping
in this video, 'cause I also done that
many times before, but again if you missed
that video about how to find drop ship suppliers
I'll put another free link on the screen
down below. Okay, let's launch straight into
how to find Amazon suppliers for FBA.
For FBA, or fulfillment by Amazon,
for over 10 years we have just used
Alibaba to find suppliers on both
Amazon and Ebay. With those not familiar with
Alibaba, Alibaba is basically a search engine
to find wholesale suppliers. Although,
Alibaba is based in China, you can use Alibaba
to find wholesales in most countries.
It might renders that we import
from Ms. China, Malaysia an Vietnam.
A lot of are getting caught up in early importing
from China. However, the cost of labor in China
goes up nearly 10 percent every year.
Where the cost of labor in say
Vietnam is only 59 cents per hour.
I read recently that China imports more
Mazaradi's than Ferrari's than any other
country now. So, you know that gives you an idea
about their economy. Anyway, so to find
a wholesaler, using Alibaba you simply just
type in the key words into the search box,
and hit search. In last week's video
one of the items sold over 1,000 times
was an electric milk frother. So to find
the wholesaler for this item just go to
Alibaba.com and search for electric milk frother.
Now Alibaba will show you all the wholesalers
for your key word. Which in this case
is electric milk frother. It'll also show; the
minimum order quantities also known as the MOQ. The Price.
Is the supplier verified? They'll show you buttons
so that you can contact the supplier
using email, phone, and live chat.
If they have live chat.
One thing to know here though is,
whenever you see items that have a
high minimum order quantity, always remember
everything is negotiable. It's very rare that a supplier
will show you their best, lowest in their Que,
and their lowest prices. Everything is negotiable.
Literally Everything. Also, if
you're dealing with a new supplier,
you may want to consider paying for escrow,
so Alibaba does not release your funds
to your supplier until your order
has been inspected. For new suppliers,
we normally use what we call the 1 and 10 strategy,
that is we will get an inspector
to inspect 1 in every 10 pieces.
So, if we order say 100 pieces of an item,
the inspector will randomly inspect 10 pieces.
If the inspector find any issues or faults
with those 10 pieces, we'll then
ask the inspector to inspect all of the items,
we'll also ask the supplier to pay for the inspection.
Now getting items inspected, or orders inspected,
it's not normally very expensive.
Like for instance a small order
it's normally less than 100 dollars.
I'll put another link on the screen below
to another free page showing where
to find Alibaba inspectors.
That's all for this week. I hope
this video helped you with how to find
Amazon suppliers for FBA. Please
scroll down and leave me a comment below.
And while you're there, make sure
you hit the subscribe button to the channel
that teaches how anyone can make a full time living
from their home using Ebay and Amazon.
Until next week. Stay safe. List more, sell more.
This is Neil Waterhouse.