- Hello everyone, and welcome back
to another video. My name is Kris
and this is my first video of 2019.
I thought what better way to kick of the channel
than sharing with you, my five favorite
categories Amazon's selling in 2019.
Let's get into it.
(soothing music)
Now before we get into this video,
I want to say a quick disclaimer.
This does not mean that categories off of this list
are not profitable. There are many profitable
categories, I'm just sharing with you my reason
why I picked these five.
And my second thing is this is more so for people
selling already branded products.
If you're a private label seller, this video is not for you.
This is for people who're buying name brand
products via arbitrage or wholesale.
And secondly is, I give away a one hour call
every single video and the winner from last video is Gary.
He says, "Love to win a coach call!"
Gary, hit me up on social media
we can definitely set something up.
I look forward to speaking with you.
I want to point out one other thing before actually
getting into the five categories and that is
let's go to Amazon and look at few changes for this year.
Now, if you're new to Amazon or even if you aren't new
to Amazon, you probably know that Amazon loves
bumping up the fees every single year.
Since the dawn of the FBA program
you can see that fees have increased and
I expect this to happen into the new year.
But basically, anything under 10 ounces,
will not get a fee bump.
So what that means is, the heavier the item and
the slower moving your item is,
the more the seller is penalized.
Rightfully so, this makes perfect sense
from a business standpoint.
I just wanted to let you guys know that this is one thing
that I'm keeping in mind when I'm crafting this list.
So, I'm gonna go ahead and give you number five,
which is the DVD category.
This is more so for people doing Arbitrage but
one of the reasons I really like this category is
I compare it to selling books in you know, 2014 or 2015.
Because you can buy something that sells for nine or ten
bucks and still make a few dollars on it.
And so when you send in a whole box of DVDs
it could be hundreds and hundreds of dollars
for very little money spent.
Because going to these books sales,
a lot of these people that have book sales
are just looking for the textbooks, and all
of this other stuff, and they're not looking for the DVDs.
And it's not everyone can sell it, which is a theme
you guys will see across more so the later categories.
I'm looking for barriers to entry.
So, category number four, is electronics.
Electronics, meaning it could be security cameras,
routers, TVs, video games, consoles, controllers.
That's one of the reasons I picked
electronics as number four is because they're such
a wide array of actual items.
So, let's say I find a distributor that's
selling Sony items.
Sony doesn't just make PS4s, they make a ton of other stuff.
So it really gives you a good depth of each brand name.
HP, Microsoft, and the same thing can be said about
all of them.
The last reason why I really like electronics is
just because something was discontinued,
doesn't mean that people are not still seeking after it.
Because, I'll give you an example.
We hit up a supplier that we bought these TVs that
were about two years old.
They still had a decent amount of profit on them
because people still wanted this TV,
even though it was discontinued.
But reason why this is number four is
because often times in electronics,
at least from my experience,
the return on investment is lower but the same
cannot necessarily be said about these latter three.
Now, number three is shoes.
And the reason why I like shoes is because not
everyone can sell name brand shoes. Like Nike,
Puma, Adidas, Converse.
And if you look at sellers on YouTube,
such as Reezy Resells, who says
he's going to do two million dollars in just
one store alone.
It can kind of give you a perspective of how much money is
actually here. But the whole reason there's money
in this is not everyone can go into a Nike outlet
and scan to find items to send in to Amazon.
In my experience, scanning from Nike stores,
you can definitely find good items and it's
really easy to spend five thousand dollars.
Which is what they cap you at per Nike store.
Usually, it's about $5,000 per person
and that's on the daily, so it's not uncommon
for people to go in with three friends and a U-Haul
and spend twenty thousand dollars amongst all their friends.
You do that four times a month that's $80,000 you just
spent and cost of good soul alone.
That's a half a million dollar a year
Amazon business at least.
Now, my number two category, it goes to supplements
and for anyone that's been following my
YouTube channel knows this is what I'm currently
selling and what I'm already building my business around.
The reason why I like supplements is yes, it's
a gated category, they're small, but they're also
are replenishables so as opposed to the Nike.
If someone bought a pair of Nike shoes, they're
not going to buy that same exact pair that next month.
As opposed to the supplement.
If you want that same exact supplement you have to
order from that same exact listing.
But the real reason I like supplements
is because the sheer amount of brands
that you have available to choose from.
If you think of the industry, if you think of
YouTube, Instagram, anything like that.
The fitness industry and just supplements
it's one of the most competitive niches out there.
There's a new supplement company getting created every week.
There's never going to be a short supply of
good suppliers to source from.
So, if we're sourcing from NOW Foods
and it's no longer profitable to sell on Amazon,
we have a hundred other supplement companies
we can now source from, which is why I give it number two.
Number one this is my beauty category.
This is my number one category for 2019.
It's for the sheer barriers to entry
to be able to sell this. It's not just beauty.
It's more so the topicals and the name brand.
Let's say, Lucky cologne or Gucci face cream.
Something like that, that's a topical
and it's a name brand topical.
I'm going to go ahead and discuss with you
these barriers to entry and why it's so lucrative.
First you have to get un-gated in
the topical subcategory on Amazon.
Which isn't necessarily an easy feat.
Then, you have to most of the time get
in the Amazon Hazmat Program,
because a lot of times these products
are classified as hazardous.
So you need a special storage space on Amazon to sell these.
Even if you are in the hazardous program you still
may have to submit extra documentation sometime.
It's not really that much space to begin with.
So, you're only allowed to start selling a small portion.
Lastly, this is the biggest barrier to entry is
you have to gain access to these suppliers.
It's kind of a catch-22 because you need
to get work directly with these suppliers but
they're not working with not only Amazon sellers
but online sellers.
Sometimes they're not working with certain brick and mortar.
So whether it's Versace, Lucky, Louiboutin,
whatever it is, it's very hard to get Ungated
in these particular brands.
But if you can pass all three of those and your
account can sell all of that, I think you're
going to make a lot of money in 2019.
That's my number one focus, so.
And to kind of end on a story to kind of
further prove my point.
I'm sure some of you guys know Brock Johnson,
he's an Amazon seller. He's on YouTube.
He made six million dollars selling
solar eclipse glasses in 2017.
The reason is, is not because he was the
only person who could sell solar eclipse glasses.
The reason is because when Amazon came to the point
they're like, look this is a liability for our business.
We need proper documentation showing, you can sell these.
He was the only person to have it.
So he was the last man standing and he cleaned house.
That is the reason why I think that's number one category.
So, what's your guy's opinion on this?
It's okay to go against the grain,
to source bigger items and to send big items into Amazon,
and sell big items on Amazon.
I'm not saying to not do that but in reality
I am saying to go against the grain, than
what everyone else is telling you to do.
Or what may seem easy because the thing is
that is if everyone else is doing it,
it's going to be hard to make money.
There's always something out there that someone isn't
doing, that you could be making money doing, yourself.
So I'm going to go ahead and close out with
what are you guys sourcing?
What's your main category you're focused on in 2019?
Let me know in the comments below and
I'll see you guys next time.
- [Kris] Hey everyone. I really hope you enjoyed
this video, if you did, feel free to like and subscribe.
Also, don't forget to join that free Facebook
group in the description below.
See you in there.
(upbeat jazz music)