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Did you know that you can sell physical products on Amazon? You can using their Fulfillment By Amazon program. This presentation shows you how to net $1000 a month with Amazon FBA on a part-time basis.
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How To Net $1000 A Month With Amazon FBA Working Part-Time Adrienne Dupree http://howtogetstartedwithfba.com
Agenda • Where To Find Bargains • Profitability • Pricing • Net $1000 a Month • Avoid Account Suspension • Next Steps About Me Selling On Amazon Seller Central Account What Can You Sell? FBA Fees Best Seller Rank 10 Step Process http://howtogetstartedwithfba.com
Who Am I? • Adrienne Dupree • Author and Online Marketer • Ecommerce • Program Manager for Government Contractor • 20+ years in Information Technology • B.S. Mathematics • BS. Electrical Engineering • M.S. Computer Science http://howtogetstartedwithfba.com
Leave The Corporate World Behind • Leave The Corporate World Behind • http://leavethecoporateworldbehind.com • Mission is to teach people in corporate America, who want to get out of the rat race, stop trading time for dollars and control their own destiny, how to start an online marketing business that can replace their income. http://howtogetstartedwithfba.com
Selling On Amazon • Merchant Fulfilled • Fulfillment By Amazon • Retail Arbitrage • Online Arbitrage • Wholesale • Tradeshows • Liquidation • Private Label • Fulfillment By Amazon – 6 Ways To Source Products http://howtogetstartedwithfba.com
Seller Central Account • http://sellercentral.amazon.com • Individual • 99 cents per item • Professional • $39.99 a month • First month free • Unlimited items http://howtogetstartedwithfba.com
Professional Seller Central Account • Prime Member Access • Free shipping on orders over $35 • Gift Wrap • 24/7 response to customer inquiries including: • Order Tracking • Service Inquiries • Product Returns • Can apply to gated categories http://howtogetstartedwithfba.com
What Can You Sell? • Office Products • Patio, Lawn & Garden • Pet Supplies • Shoes* • Sports & Outdoors • Sunglasses* • Tools & Home Improvement • Toys & Games • Watches* * Require Approval • Baby • Beauty* • Clothing and Accessories* • Grocery & Gourmet Foods* • Handbags* • Health & Personal Care* • Home & Kitchen • Jewelry* • Luggage & Travel Gear* http://howtogetstartedwithfba.com
FBA Fees • Order Handling • Pick & Pack • Referral Fee • Rate depends on product category • 15% for most categories • Weight Handling • Storage Fees • Regular • Long Term http://howtogetstartedwithfba.com
Example #1 Referral Fee - $11.92 Pick & Pack - $4.05 Weight Handling - $5.88 30 Day Storage - $0.46 TOTAL - $22.31 • 5 piece Disney Frozen Full Bedding Set Anna and Elsa Snowflakes Comforter and Sheet Set • Selling for $79.44 http://howtogetstartedwithfba.com
Example #2 Referral Fee - $1.35 Order Handling - $1.00 Pick & Pack - $1.04 Weight Handling - $0.50 30 Day Storage - $0.01 TOTAL - $3.90 • Wilton 570-1121 Easy Flex 3-Piece Silicone Spatula Set, Blue • Selling for $8.99 http://howtogetstartedwithfba.com
Best Seller Rank • Based on Amazon.com sales and is updated hourly to reflect recent and historical sales of every item sold on Amazon.com http://howtogetstartedwithfba.com
10 Step Process - #1 • Go Shopping and Find Bargains • Add Product to Your Inventory • Existing Listing • New Listing • Determine Price • Add Product to a Shipping Plan and Enter Quantity of Product • Print Labels http://howtogetstartedwithfba.com
10 Step Process - #2 • Put label over barcode/UPC • Prepare Product • Polybags • Bubble wrap • Suffocation Labels • This Is A Set Label • Approve Shipments and pack boxes • Print UPS labels • Take boxes to UPS Store, Staples, Office Depot, UPS, etc. http://howtogetstartedwithfba.com
Where To Find Bargains http://howtogetstartedwithfba.com
Profitability • Rule of Thumb • Sell for 3 times your buy price • Tools To Determine Profitability • Profit Bandit • FBA Revenue Calculator http://howtogetstartedwithfba.com
Example • Personal Warming Pad – B00AQKQL8Y • Paid $5.99 • Selling for $19.99 • Rank – 74,323 in Health & Personal Care http://howtogetstartedwithfba.com
Profit Bandit http://howtogetstartedwithfba.com
$1000 Month Net • Assume 50% Profit • Sales $2000 Month • Average price is $20 • Sell 100 items a month • Assume 50% of items sell in a month • Ship 50 items a week to Amazon http://howtogetstartedwithfba.com
Avoid Account Suspension • Make sure your product matches the listing exactly • Avoid counterfeit products • Do not buy products with your Amazon Prime account to flip on Amazon • Be careful where you log into your Seller Central Account • Order Defect Rate • Contact Response Time • Make sure the product condition is correct • Don’t use comingling • Don’t list a product that is gated in an ungated category • D • , http://howtogetstartedwithfba.com
My Account Suspension Selling Kinetic Sand 8 oz Listed under 2 lbs instead of 8 oz Contacted Amazon to try to fix December 15, 2014 received an email that my account was suspended Sent in an appeal letter Reinstated on December 16, 2014 http://howtogetstartedwithfba.com
Next Steps • Sign up to get a free report on Amazon FBA • http://howtogetstartedwithFBA.com • Amazon FBA Resources • http://leavethecorporateworldbehind.com http://howtogetstartedwithfba.com