hi and welcome back to another amazon selling video if you don't know me my name is nikki kirk
and i've been doing retail arbitrage selling on amazon via fba and more recently a little bit of
merchant fulfilled all from my fifth wheel rv i haven't done like an update of where i'm at in a
while so i'm currently in indiana where fun fact did you know that 80 of rvs are made in indiana i
think it's like 65 are from elkhart indiana where i will be in a week or two so selling on amazon
has quite literally changed my life i now own my own business i have been to 44 states in the us
all while working on the road because of how easy it is to do i'm always encouraging new
sellers to just get started get out there and do it because it literally is life-changing
and it's pretty awesome to not have to worry about a boss or a job you hate or
going into the office literally going into the office means i get to go to walmarts and targets
and tuesday mornings and tj maxx and go shopping that's pretty freaking awesome so today's video
i'm just gonna go over startup tips things i didn't know things i wish i'd known things that
people have asked about starting so if you're a new seller or even if you've been selling
for a couple months like some of the things i had done hopefully these are helpful for you
so after you have opened your amazon selling account the first thing i'm always asked is
what scanning app do i use and i just use the amazon seller app it's downloadable to your phone
and i literally use it to scan in stores so you can download even if you don't have an amazon
account you could download the app right now it just won't be any help because you have to
log into your account so you need an account for that so something in the app that i did not know
for months i mean months before i finally got the courage to ask it in one of the groups was
how the heck do i see what i sold like i see that i've sold stuff it says this amount of money seven
products sold like you can see that in the app but how do i know what sold so it's pretty simple
actually in the app you just go ahead and click manage orders and then in there you can filter at
the bottom so you select that you want to select fulfilled by all shipping all status all so that
way right there whenever you want to see it just hit manage orders and the orders that are most
recent are right at the top and you can scroll and see what you've sold that day it's really helpful
when you want to go out shopping and you're like what should i be doing what did i sell
i'm telling you i i don't even know i want to say with six months it was a long time before i
figured this one out another tip in the app so at the top you'll see your current balance which is
the money that amazon owes you so those are your profits plus obviously the cost of the inventory
that you're getting back from amazon so here's the thing that gets paid out to you automatically
every two weeks on your seller central if you hit reports and payments you can ask for that
money out whenever you want but just know that so today is sunday that if i ask for the money today
now the next payment is going to be two weeks from now sunday automatically so anytime you ask for it
just pushes that next auto payment out two weeks and when you hit request funds you're not going to
get the entire thing it has changed now thankfully that in the reports area you can see how much this
if you hit it right now how much you'll get but it's not going to be that whole big amount that's
there so if you wait every two weeks you can get the money back if you need the money more
i got into the habit where every monday i just do it whatever it's there every monday i ask for it
it's really up to you and your funds it's if you want to wait for the two weeks but
i think people don't know and don't realize is that whenever you go ahead and hit request funds
it does push out the next payment two weeks that doesn't mean you can't get more
but it is two weeks for the big one another thing i've seen people do is they try and use the app
for a lot of things like getting ungated and all that i use the desktop seller central i i
only really use the app to check my cells and to scan i other than that it's just too cumbersome to
try to do stuff so changing my prices i do that in the desktop asking for ungating now you can
actually input invoices on the app i've never done it i prefer to do it on the desktop just
because there's so many glitches with the app so it's just easier for me i think all right so new
seller tip number two all that first was number one seller app okay so number two open a separate
checking account you want to keep everything separate so you don't have to open a business
one i still don't have a business account i just have a separate personal checking account and the
reason is that you just want to keep everything separated so that means if i'm at target and i'm
buying stuff for me and stuff for my business i'm doing two separate transactions so definitely keep
everything separate i think checking accounts are free now i have one at us bank i don't know that i
recommend it just because when the payments do automatically come through for whatever reason
u.s bank takes two days and all like i have a personal chase account and that only takes one
day so i think chase is a little bit faster whatever the bank you use just two separate
accounts tip number three track your mileage that's one of the like do as i say not as i do
i don't track my mileage what i do is i know what campground i was at so i know what city i shopped
in based on my receipts and at the end of the year i literally make it excel and i use google maps
and say how long away it was all because i simply haven't gotten the habit of getting an app hitting
i'm on the road and driving i know it's one of those things where when you do it enough you'll
it'll just become habit and i need to do that because the way i've been doing it is so time
consuming so check your mileage there's plenty of apps to do that you could probably google search
it so i don't have one recommended because i don't do it yet and keep all your receipts i use receipt
bank because you literally just take a photo of the receipt and then it all gets it all it reads
where it's from it reads the total it puts it all into their system and i can download it as excel
and it even works with i think quickbooks and a lot of other programs so it'll push it right into
whatever software you use if you use software or you can download it the excel sheet for tax
purposes if you do oa you can actually email in receipts so i'll email in like target if i order
something on target and it'll email me the receipt i just forward that receipt to my receipt bake
and it adds it's very helpful so keep all your receipts i have all my receipts since 2017 when
i started okay and then obviously the big one for new sellers is what the heck do you buy so it's
really can be frustrating when you're restricted and everything so i highly highly recommend
getting ungated i know right i'm a broken record but i'm telling you this because it's something i
regret not doing sooner and just this week in my guide group someone said i wish i had done this
a lot sooner so it's not just me saying it it's a lot of sellers who just simply wish they had
done it sooner so if your funds are tight i really recommend getting ungated and topical and grocery
to start because it's affordable and it's so so worth it if selling on amazon is something you are
taking seriously and you want to grow it and you want this to be your business and generate income
it's so worth getting ungated i think all together if you buy the guide and do the
minimum order it's like 300 and i'm telling you it's worth every penny but in the meantime
while you are just out there sourcing as a new seller i recently asked in the group because i've
gotten this question a lot and it's been three years since i was a new seller so i was like
what are you guys scanning so my bolo group is so freaking helpful it's so nice it blew me away the
response so everyone just shared what they were scanning as a new seller and categories to look
for and it was incredibly helpful so it's just another reason i am so proud of this bolo group
but if you want help and you need lists of items to look for definitely consider joining the group
i'm going to share some of the things that they said in the group so that you can be on the
lookout of areas of what to scan as a new seller so one number says home goods things like cutlery
dishes towels frying pans spatulas clothing socks bras baby clothes water bottles food storage
sporting goods puzzles crafts pet supplies party supplies home office office supplies sporting
goods pet stuff kitchen so those are just some of the areas you should definitely recommend and then
this is one of the comments that i really love because she says just keep scanning i often find
things in topical sections that aren't gated for anything but if i hadn't scanned i wouldn't have
known and that is one thing that i'm always always talking about is just keep scanning scan scan scan
you just never know recently someone shared something in the bolo group which i'm gated
in but then someone else shared another item from that same brand and i'm not getting it in so if i
would have just scanned the one thing and said oh i'm gated and i gave up on that brand completely i
would never know that this other highly profitable item i could have sold so it's just a reminder
to scan everything because you just never know and now the big one tip number five just start
just do it if you've opened your account and you're scanned and you're like oh i don't know
should i buy it just buy it we all learn by doing this amazon is so easy but it's something you have
to learn by doing it if you want to join the group there's definitely help there and you can have
items to look for but just start pull the trigger make that purchase and start your amazon journey
last thing if you really want help training you want videos packed all tell you what to
do step by step i recommend the training i took when i started which is by the selling family
the link is here on the screen or down below i highly recommend it because it's just so easy
it's worth the investment i've never regretted buying it they taught me how to do it and i got
the ball rolling a lot faster than i probably could have on my own don't get me wrong
you don't have to do that a lot of people can learn how to do it just from watching
youtube videos there's lots of information out there but if you want it all packed super easy
i really recommend that training thank you guys so much for watching i hope this video
was helpful if you have any questions or other videos you'd like to know
or see from me please let me know comment below like subscribe all that jazz and if you need help
and gating or want to join the bolo group those links are below and on my website
and i will see you back here for another amazon selling video i will probably be in indiana still
you