- In this video I'll be showing you step by step
how to start selling on Amazon as a beginner,
and all of this will happen under 15 minutes.
I myself have been selling on Amazon for almost two years,
so I definitely know what I'm talking about.
And at the end of this video
I'll also be showing you a realistic breakdown
of how to make 10,000 pounds per month on Amazon.
The first thing you need to do
before even opening an Amazon account,
is figure out which method
you wanna start selling on Amazon with.
There are three methods,
the first method is retail slash online arbitrage,
and this is where you simply go
to your local retail stores or local retail store websites,
and simply find products at a lower price,
which you can sell on Amazon at a higher price
and make your profit.
The second method is Amazon wholesale or wholesale Amazon,
which is where you simply get a product in bulk
from a wholesaler,
and then you sell it on Amazon,
and method number three is private label,
this is where you're gonna source a product
from Alibaba or China,
and then you're gonna create your own listing,
which you have to optimize
in order for your listing to show up
on the first page of Amazon.
And obviously all these methods
have their own advantages and disadvantages,
and I will share more detail
about each of these methods in this video right here
which you can go watch after this video,
once you have selected your method,
then it's time to open a professional
Amazon FBA seller account,
which you can see on the screen right now,
it can take up to a week or sometimes even two weeks
for you to be verified,
where you simply have to go on a video call
with the Amazon employee,
and simply show them your ID
because they just wanna see that
the person opening the account
is the person who's actually going to be using the account.
Now that your account has been approved,
this is how your dashboard will look,
it will have simply your marketplace, orders, total sales,
and you can simply go through your dashboard
and you will know what it means.
Now in order to start selling on Amazon
you'll need to add the product into your inventory,
and this can be simply done by going to catalog
and then press on add products,
if you have decided to use the private label method
then you'll need to click on,
I'm adding a product not sold on Amazon,
and create a brand new listing.
Now, this here requires a lot of good keyword research,
as well as good SEO in order to optimize your listing,
I sell on Amazon using the wholesale and arbitrage method
which means I can use existing listing on Amazon
and simply jump on those listing
and start selling instantly,
and that's the great thing
about Amazon wholesale and arbitrage.
And I'll show you how you do that right now,
but just before I show you that,
most people get confused
between how do you figure out a private label listing
and how do you figure out a wholesale listing?
Now, there are two main things you need to check
in a listing to figure out
whether that's a private label listing
or a wholesale listing,
the first thing is the number of sellers,
if a listing has less than two sellers
then that's definitely going to be a private label listing,
and if a listing has more than three or four sellers
then it's definitely going to be a wholesale listing.
The second way to figure out,
is the product you're looking on Amazon,
you should not be able to find that product
with the exact same branding
with any wholesalers on Google.
So that's how you simply figure out
the difference between private label and wholesale.
Now, before you go ahead and add a product
to your inventory,
you need to do something called product research,
and one method which you can use
is by simply going on Amazon itself,
which I will do right now,
and go to their best sellers,
and once you're there,
you simply need to choose a category,
for example, garden and outdoor,
and then you need to go to subcategories,
such as garden tools and watering equipment,
and from here you're simply going to look for listings
or products which one does not have Amazon
and can actually make you profit.
Now to find profitable products,
you need to do something called product analysis,
and in this video, I have shown in detail
how to actually do your product analysis,
which again you can go watch after the video.
The better profits you will find,
the easier it will be for you to hit that 10,000 pound mark,
which once again I will show you
right at the end of the video,
and breakdown on how you can achieve that as well.
Once you have done your product research
and you have managed to find a profitable product,
then it's time to source the product,
which simply means you need to find a supplier
for that product,
and the cheapest supplier will give you
the most profit obviously,
the way you do this is by simply going on Google
and type in the brand name of the product,
so for example, if it's Red Bull,
then you're gonna go on Google,
type in Red Bull wholesalers UK,
or wholesalers near me,
and on Google it will give you a list,
for example, I'll just show you,
I'll simply type in Red Bull wholesalers UK,
and once I type that in,
as you can see I will get all wholesalers
selling Red Bull drink in wholesale prices.
Now, I have to simply go through
as many wholesalers as I can,
and whoever provides me the cheapest price
I will go ahead and buy the product through that wholesaler.
And the most challenging part in Amazon
is actually finding a profitable wholesaler
because this is not easy,
it looks easy,
but you have to keep going through pages upon pages,
for example, if there's around I don't know,
food list listing has around 10 pages as you can see,
then you need to go through each and every page
until you find something profitable,
so, that's one challenge you have to overcome.
Okay, now before I show you guys the next important steps,
let me quickly tell you guys about a software
which will make your Amazon accounting so much easier,
it is called Osome,
and they specialize in e-commerce accounting,
such as Amazon, Shopify, Etsy, eBay and everything online,
they are very easy to use platform,
where you can simply upload your receipt and invoices
and they can take care of your bookkeeping and taxes,
they'll also provide reports
so you can see how well your business is performing
and basically take away all the hassle of your accounting,
so you can focus on building your Amazon FBA business,
and you can actually register
your limited company through them,
for only one pound,
and get two months worth of accounting for free.
You can use the link of the description
to get started today.
Now moving on to the next step
which is that once you have found your product
and you know it's profitable,
and you have managed to source it,
it's actually time to add it to your inventory,
so let me show you how you can add a product
to your inventory,
you can simply go ahead and find a product,
I'm gonna choose one really simple.
So once you know which product
you wanna add to your inventory,
you simply need to scroll down
and go to this product information and find the ASIN,
which is right here as you can see,
you're gonna copy the ASIN,
and then go on Amazon and simply paste it,
now this ASIN which I'm pasting is for another product
as you can see,
and then I will simply just select
the condition of the product, which is new,
and press sell this product.
Then it'll go to the next page
where I have to simply fill in few details,
which is the price,
so the lowest price on this listing is 555,
so I'm just gonna do 555,
then I'm gonna select the condition as new,
and here's the important part,
'cause I only do Amazon FBA and not FBA,
I'll select Amazon or dispatch and provide customer service,
and then you simply go save and finish,
and there you go.
That's literally,
actually one more part which is,
you simply select Amazon's barcode,
once you press save and finish,
you will go to the next page
and that has been added to your inventory,
so now once you're on this page right here,
you can simply go and manage inventory through this,
and in 15 minutes the product will load up,
so right now these two products have been added
but the product which I've just added
will show up in 15 minutes.
So that's how easy it is to add an existing listing
which is already on Amazon to inventory,
whereas for private label,
you will literally have to,
once again, create a listing which can take ages,
and right now I'm trying to create a new listing
for my private label product,
and it's taking me ages as well,
so now that your product is in inventory
and the product you ordered from your supplier
has come to your house.
Now, obviously you can get the supplier
to send the product directly to Amazon,
but I don't recommend it,
because I always like to inspect it myself once it's here,
as well as stick the label,
the Amazon labels on it, manually,
because if you ask Amazon to do it,
or your supplier,
they will charge you an amount
which can obviously make your profits lower.
So once the product has come to your house or your office,
then it's time to create a shipping plan
which can be done by simply going to your inventory,
and then going onto the listing,
and here, right here, next to the edit dropdown,
there's something called send and replenish inventory,
once you click on that,
it will show you few steps which you need to complete,
so the first thing you need to add here
is the prep and labeling details,
so you simply need to choose no prep needed,
if the product needs any type of prep,
it will actually tell you need to bubble wrap it,
or this and that,
so you don't need to worry about that,
and as you can see here it says,
who labels units,
and it'll be seller,
because you'll be labeling it,
if you want Amazon to do it,
they will charge you 15P per unit,
which once again is,
obviously ideal if you have a lot of profit in your product.
Once you have selected that,
then it's time to add the number of units
you wanna send to Amazon,
so if I'm sending 100,
I'm sorry 10,
I'm just gonna put 10 and then I'm gonna print the labels,
so these labels can be printed in any of these templates,
you can select 27 labels, A4 sheet,
which if you just simply press on print all,
right?
It will download this template
and you can go buy this template of 27 labels from Amazon
and print it using any label,
I mean, any printer,
you don't have to worry
about having a specific type of printer,
you can simply just use the one you have
at your home right now.
And once printed,
you peel off individually
and stick it on each product individually,
and then you put all products in one box
or maybe multiple boxes if they don't fit in one box,
and then you can continue to the next step,
which is by simply pressing on pack individual units,
and then you're gonna select everything into one box,
if you've one box,
if you've multiple boxes,
then obviously you select the second option,
in the dimensions you can put 10, 10, 10,
or whatever the dimensions are,
I'm just doing it for this example,
then you simply go to the next step which is,
going to be confirming your shipping,
as well as checking your cost for the shipping,
today is Friday so I'm gonna select on Monday
because UPS which is a partnered carrier with Amazon
they do not work on the weekends.
So as you can see, it will cost me two pound and 94 pence,
in order for me to send this product to Amazon,
which is really cheap,
if I was to send this using another provider
like Royal Mail in the UK, it will cost me a lot.
But anyway, once I've done that,
I can simply press and agree and accept charges.
Now once I've accepted the charges,
it will tell me to print a box label,
so as you can see it says to print now,
always print this one 99.1 by 139 mm,
because it gives you this layout,
which once again is two labels in an A4 sheet,
and you can also get this from Amazon,
you can simply write in two labels A4 sheet,
and you are able to buy it.
Print this and then you're gonna be sticking
both these labels on the side of the box,
and then you're gonna be doing the final step
which is scheduling this shipment to be collected by UPS,
and you can simply do that
by clicking on view tracking details,
and under view tracking details,
you'll get the tracking ID,
you need to take this tracking ID
or if you have multiple tracking IDs,
you take all multiple tracking IDs,
go to UPS,
schedule a parcel collection,
you can go on the website
or simply click on schedule a parcel collection,
and you can fill in this,
right?
It's super easy,
you can simply put in your tracking ID right here,
if you've multiple tracking IDs,
you simply need to put a comma
before you put the next one,
and then you can put in everything which has this asterisk,
so simply put in your name, your address,
and how many packages are you sending,
and then you can select which day UPS can come collect it,
once the shipping has been taken,
Amazon and UPS will do all the distribution
between all the distribution centers Amazon has,
as well as take care of all the customer service
and everything for you.
As I promised in the start of the video,
that I will tell you guys
how you can realistically achieve 10,000 pounds
per month on Amazon.
So the way you're gonna be doing this,
is by simply first dividing the 10,000 pound into 30 days,
and if you do that,
it'll come down to 333 pounds and 33 pence every single day.
Now even achieving 300 pounds in a day is a big deal,
but here's the thing,
if you simply find 10 products, right?
Simply 10 products,
and each product sells three times a day
at 10 pounds profit,
or just 10 pounds in sales,
then that will simply achieve
your 10,000 pound goals per month,
and this is definitely doable,
but yes, it does take time,
and it does take a lot of effort,
you can't simply sit on a product research platform
or just be doing product research,
and in one day you're gonna find all these 10 products,
it could take you a month,
two, three, four, five,
six, seven, eight, nine,
maybe even a year,
depending on how much time and effort
you are actually putting in.
If you go ahead and watch this video right here,
which is in much more detail
as it's almost a 30 minute course,
which will give you exactly everything in detail
on how to do your product research,
what methods you can use to do your analysis,
and what methods you can use to do your program research
as there are multiple methods,
and all the things.
So, basically go watch that video and I'll see you there.