5 Tips To Make Your FIRST $1,000 Selling On Amazon FBA For Beginners
Published on: November 30 2022 by Carter Maxwell
5 Tips To Make Your FIRST $1,000 Selling On Amazon FBA For Beginners
Table of Contents About 5 Tips To Make Your FIRST $1,000 Selling On Amazon FBA For Beginners
5 Tips To Make Your FIRST $1,000 Selling On Amazon FBA For Beginners
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| 00:00:00 | 00:00:03 | what's up guys in this video I'll be |
| 00:00:01 | 00:00:06 | going over the five tips for you to make |
| 00:00:03 | 00:00:08 | your first 1,000 dollars selling on |
| 00:00:06 | 00:00:09 | Amazon that'd be a as a beginner so if |
| 00:00:08 | 00:00:11 | you don't know me already my name is |
| 00:00:09 | 00:00:14 | Carter Maxwell I'm a 17 year old |
| 00:00:11 | 00:00:16 | entrepreneur and I go by the nickname of |
| 00:00:14 | 00:00:17 | high school hustler and if you're trying |
| 00:00:16 | 00:00:19 | to create an online business and make |
| 00:00:17 | 00:00:21 | money while you sleep then this the |
| 00:00:19 | 00:00:22 | chant I refuse to go ahead and hit that |
| 00:00:21 | 00:00:24 | subscribe button this be a great video |
| 00:00:22 | 00:00:26 | kind of for those people that are |
| 00:00:24 | 00:00:28 | looking to actually start an amazon FBA |
| 00:00:26 | 00:00:29 | business and start making money and when |
| 00:00:28 | 00:00:31 | it comes to just creating a business in |
| 00:00:29 | 00:00:33 | general um people are really hesitant |
| 00:00:31 | 00:00:35 | maybe just because they're either lazy |
| 00:00:33 | 00:00:37 | or they just don't want to invest like |
| 00:00:35 | 00:00:39 | the time and money in building up the |
| 00:00:37 | 00:00:40 | business and that's what I'm putting out |
| 00:00:39 | 00:00:43 | this video where I can kind of go over |
| 00:00:40 | 00:00:45 | five tips that are gonna help you kind |
| 00:00:43 | 00:00:47 | of jumpstart your Amazon FBA business |
| 00:00:45 | 00:00:48 | and start making money a lot quicker so |
| 00:00:47 | 00:00:50 | let's get into what exactly these five |
| 00:00:48 | 00:00:52 | tips are tip number one is to take |
| 00:00:50 | 00:00:54 | action and it's just like anything that |
| 00:00:52 | 00:00:56 | you want out of life you have to go and |
| 00:00:54 | 00:00:57 | get alright and so just make a start |
| 00:00:56 | 00:00:59 | making money online start your own |
| 00:00:57 | 00:01:00 | business you're gonna take action you're |
| 00:00:59 | 00:01:03 | gonna have to start investing your time |
| 00:01:00 | 00:01:04 | and your money in building the business |
| 00:01:03 | 00:01:07 | so if you wanted to start Amazon FBA |
| 00:01:04 | 00:01:09 | business right onto this video create |
| 00:01:07 | 00:01:10 | names on account and all the necessary |
| 00:01:09 | 00:01:13 | information and start learning the |
| 00:01:10 | 00:01:15 | process and whatever it takes to build a |
| 00:01:13 | 00:01:17 | successful Amazon FBA business and I |
| 00:01:15 | 00:01:18 | know coming into the business you might |
| 00:01:17 | 00:01:21 | have a different mindset maybe you're |
| 00:01:18 | 00:01:23 | just looking for some extra income maybe |
| 00:01:21 | 00:01:25 | looking for some more passive income or |
| 00:01:23 | 00:01:28 | maybe looking for a new job to possibly |
| 00:01:25 | 00:01:30 | make a new full-time living and Amazon |
| 00:01:28 | 00:01:33 | FBA can fulfill any of those needs or |
| 00:01:30 | 00:01:34 | wants or desires that you have but the |
| 00:01:33 | 00:01:36 | only way you're gonna reach that end |
| 00:01:34 | 00:01:38 | goal is you have to take action you're |
| 00:01:36 | 00:01:40 | gonna have to invest you time and money |
| 00:01:38 | 00:01:43 | in the business and keep growing so that |
| 00:01:40 | 00:01:45 | is tip one so the second tip is to |
| 00:01:43 | 00:01:47 | understand the process and what I mean |
| 00:01:45 | 00:01:50 | by that is understand how exactly the |
| 00:01:47 | 00:01:53 | Amazon FBA cycle works from purchasing |
| 00:01:50 | 00:01:55 | the product to the listing process to |
| 00:01:53 | 00:01:58 | the shipping process to then the process |
| 00:01:55 | 00:01:59 | of actually selling it on Amazon and |
| 00:01:58 | 00:02:02 | remember once you sell your product on |
| 00:01:59 | 00:02:03 | Amazon Amazon will then do all the |
| 00:02:02 | 00:02:06 | fulfillment for you so it's extremely |
| 00:02:03 | 00:02:08 | convenient efficient when wanting to |
| 00:02:06 | 00:02:10 | scale your business now just a brief |
| 00:02:08 | 00:02:12 | breakdown you're wanting to purchase a |
| 00:02:10 | 00:02:13 | product obviously at a lower price with |
| 00:02:12 | 00:02:15 | the |
| 00:02:13 | 00:02:17 | tenshun to sell it back on Amazon FBA |
| 00:02:15 | 00:02:18 | for a higher price |
| 00:02:17 | 00:02:20 | for example let's just say you go to a |
| 00:02:18 | 00:02:22 | garage sale or you're looking online or |
| 00:02:20 | 00:02:23 | at a thrift store and you find an item |
| 00:02:22 | 00:02:25 | that you can obviously purchase for a |
| 00:02:23 | 00:02:27 | lower price for instance let's just say |
| 00:02:25 | 00:02:29 | a book you made this book for a dollar |
| 00:02:27 | 00:02:32 | and it's selling for twenty dollars on |
| 00:02:29 | 00:02:33 | Amazon with a really low sales rank and |
| 00:02:32 | 00:02:35 | for those of you that aren't familiar |
| 00:02:33 | 00:02:36 | with what it's sales rank is it's |
| 00:02:35 | 00:02:39 | basically Amazon's way of letting you |
| 00:02:36 | 00:02:41 | know how often and how well that product |
| 00:02:39 | 00:02:43 | is selling so the lower the sales rank |
| 00:02:41 | 00:02:47 | the more often that product is selling |
| 00:02:43 | 00:02:48 | so if it's a thousand ranking books it's |
| 00:02:47 | 00:02:51 | probably gonna sell that same day or the |
| 00:02:48 | 00:02:52 | same week that it checks in although if |
| 00:02:51 | 00:02:54 | it's a two or three million rank in |
| 00:02:52 | 00:02:56 | books it might take a couple months to |
| 00:02:54 | 00:02:59 | sell but I mean if you're buying it for |
| 00:02:56 | 00:03:00 | a dollar and you can solder $50 you can |
| 00:02:59 | 00:03:02 | possibly sit on that book for a couple |
| 00:03:00 | 00:03:05 | months and then once you sell it's just |
| 00:03:02 | 00:03:07 | gonna be a nice big paycheck for you so |
| 00:03:05 | 00:03:09 | the process is to then collect a good |
| 00:03:07 | 00:03:11 | amount of items I'd say at least 30 or |
| 00:03:09 | 00:03:13 | 40 for your first shipment and it |
| 00:03:11 | 00:03:14 | doesn't have to be just books um once |
| 00:03:13 | 00:03:17 | again it all depends on like the |
| 00:03:14 | 00:03:18 | business model that you choose and once |
| 00:03:17 | 00:03:19 | you've actually purchased the products |
| 00:03:18 | 00:03:22 | they're not the get into the listing |
| 00:03:19 | 00:03:24 | process you got to add that product to |
| 00:03:22 | 00:03:27 | your shipment you don't gonna have to |
| 00:03:24 | 00:03:28 | print labels for that product and then |
| 00:03:27 | 00:03:30 | label the product and then put it in a |
| 00:03:28 | 00:03:32 | big box and ship it to an Amazon |
| 00:03:30 | 00:03:34 | warehouse or wherever they want you to |
| 00:03:32 | 00:03:36 | ship it and once they receive the |
| 00:03:34 | 00:03:38 | product at the warehouse they'll then |
| 00:03:36 | 00:03:41 | put them on Amazon to where you can then |
| 00:03:38 | 00:03:43 | sell them and once they sell Amazon will |
| 00:03:41 | 00:03:45 | then fulfill all the items for you from |
| 00:03:43 | 00:03:46 | the pick that packed the ship straight |
| 00:03:45 | 00:03:49 | to the customer and you just receive a |
| 00:03:46 | 00:03:51 | bi-weekly check so the process is |
| 00:03:49 | 00:03:53 | extremely efficient and convenient but |
| 00:03:51 | 00:03:55 | number three is actually to choose a |
| 00:03:53 | 00:03:57 | business model and once you kind of |
| 00:03:55 | 00:04:00 | understand the process of how exactly |
| 00:03:57 | 00:04:02 | Amazon FBA works you then have to choose |
| 00:04:00 | 00:04:05 | a business model and a lot of people |
| 00:04:02 | 00:04:07 | think that it's a live or die basically |
| 00:04:05 | 00:04:09 | decision when picking your business |
| 00:04:07 | 00:04:10 | model but honestly it's not although |
| 00:04:09 | 00:04:13 | it's gonna set you back a lot if you |
| 00:04:10 | 00:04:14 | pick up business model and you do it for |
| 00:04:13 | 00:04:16 | six months and let's say you just don't |
| 00:04:14 | 00:04:18 | like it you want to switch obviously you |
| 00:04:16 | 00:04:20 | just lost six months of time they could |
| 00:04:18 | 00:04:22 | be putting into that one business model |
| 00:04:20 | 00:04:25 | you're trying to pursue but it's not a |
| 00:04:22 | 00:04:26 | huge deal anyways there's a fun |
| 00:04:25 | 00:04:29 | a different business models that you can |
| 00:04:26 | 00:04:32 | choose from from private label to |
| 00:04:29 | 00:04:35 | wholesale to drop shipping reach |
| 00:04:32 | 00:04:37 | arbitrage online arbitrage or just |
| 00:04:35 | 00:04:40 | reselling random items in general and |
| 00:04:37 | 00:04:41 | the reason that last one I kind of put |
| 00:04:40 | 00:04:44 | as a business model is because it's the |
| 00:04:41 | 00:04:46 | easiest way to start with private label |
| 00:04:44 | 00:04:49 | orth wholesale you have to order a large |
| 00:04:46 | 00:04:50 | quantity of the same similar item and |
| 00:04:49 | 00:04:53 | usually it's a lot of money especially |
| 00:04:50 | 00:04:55 | if you're like starting or you're new to |
| 00:04:53 | 00:04:56 | the Amazon FBA business model you know |
| 00:04:55 | 00:04:58 | how that's as much experience when it |
| 00:04:56 | 00:05:00 | comes to selling online or maybe just |
| 00:04:58 | 00:05:04 | don't have enough capital reselling |
| 00:05:00 | 00:05:06 | random items like books CDs video games |
| 00:05:04 | 00:05:08 | electronics it's a lot easier for you to |
| 00:05:06 | 00:05:11 | start and scale especially with a low |
| 00:05:08 | 00:05:13 | budget in it so that's one of the best |
| 00:05:11 | 00:05:16 | ways to start to have a low budget is |
| 00:05:13 | 00:05:18 | just to just fine random item so books |
| 00:05:16 | 00:05:19 | electronics and you can purse them at a |
| 00:05:18 | 00:05:21 | really little prices I usually spend |
| 00:05:19 | 00:05:24 | anywhere from $1 to $5 on those items |
| 00:05:21 | 00:05:26 | and this so anywhere from 50 to 150 |
| 00:05:24 | 00:05:28 | dollars so I recommend if you're kind of |
| 00:05:26 | 00:05:30 | new to the process start with just |
| 00:05:28 | 00:05:33 | reselling stuff around your house garage |
| 00:05:30 | 00:05:35 | sales thrift stores and once you kind of |
| 00:05:33 | 00:05:37 | go through that after a couple weeks you |
| 00:05:35 | 00:05:39 | can understand the process and hopefully |
| 00:05:37 | 00:05:40 | build up some extra income as well and |
| 00:05:39 | 00:05:42 | maybe pursue in a more scalable and |
| 00:05:40 | 00:05:44 | efficient business model like private |
| 00:05:42 | 00:05:46 | label which is what I do wholesale or |
| 00:05:44 | 00:05:49 | any of the other business models so tip |
| 00:05:46 | 00:05:51 | number four it's actually make goals or |
| 00:05:49 | 00:05:53 | make plans for your Amazon business and |
| 00:05:51 | 00:05:55 | this just comes in general and life |
| 00:05:53 | 00:05:57 | anything that you want success with you |
| 00:05:55 | 00:05:58 | can have to plan it out you're gonna |
| 00:05:57 | 00:06:00 | define it what exactly you need to do |
| 00:05:58 | 00:06:03 | what exactly they need to complete to |
| 00:06:00 | 00:06:05 | reach that goal and maybe it can be you |
| 00:06:03 | 00:06:08 | want to make your first 1,000 dollars on |
| 00:06:05 | 00:06:10 | Amazon FBA in your first month how many |
| 00:06:08 | 00:06:11 | products you're gonna have to have what |
| 00:06:10 | 00:06:13 | you can have to be your average sales |
| 00:06:11 | 00:06:15 | price I got are you gonna want to send a |
| 00:06:13 | 00:06:17 | shipment out every week every two weeks |
| 00:06:15 | 00:06:18 | are you're only gonna source on Monday |
| 00:06:17 | 00:06:20 | Wednesday Friday are you gonna source |
| 00:06:18 | 00:06:22 | every single day you need to make a plan |
| 00:06:20 | 00:06:24 | make a game plan so you can reach |
| 00:06:22 | 00:06:27 | whatever that goal or desire that you |
| 00:06:24 | 00:06:29 | want in maybe that means on Friday and |
| 00:06:27 | 00:06:31 | Saturday mornings waking up at 7:00 a.m. |
| 00:06:29 | 00:06:33 | going garage saleing or maybe that means |
| 00:06:31 | 00:06:34 | just pulling some late-night errs up to |
| 00:06:33 | 00:06:36 | 1:00 a.m. 2:00 a.m. |
| 00:06:34 | 00:06:38 | toking with manufacturers overseas |
| 00:06:36 | 00:06:39 | trying to communicate |
| 00:06:38 | 00:06:41 | trying to find the best deal for that |
| 00:06:39 | 00:06:43 | product that you're gonna sell an Amazon |
| 00:06:41 | 00:06:45 | either way you need to decide and figure |
| 00:06:43 | 00:06:46 | out what exactly want from me Amazon |
| 00:06:45 | 00:06:49 | business and what exactly you're gonna |
| 00:06:46 | 00:06:52 | have to give up to succeed and reach |
| 00:06:49 | 00:06:54 | that in term goal so tip number five is |
| 00:06:52 | 00:06:56 | to diversify your sourcing methods now |
| 00:06:54 | 00:06:59 | this kind of fluctuates depending on |
| 00:06:56 | 00:07:01 | what business model that you decided to |
| 00:06:59 | 00:07:03 | pursue but for instance let's just say |
| 00:07:01 | 00:07:05 | you're just reselling random items in |
| 00:07:03 | 00:07:07 | general and you only go to this one |
| 00:07:05 | 00:07:09 | thrift store a source and you go there |
| 00:07:07 | 00:07:10 | every single day well what if something |
| 00:07:09 | 00:07:13 | happens what if you don't find anything |
| 00:07:10 | 00:07:15 | one day what if another resale comes |
| 00:07:13 | 00:07:17 | before you and gets all the good product |
| 00:07:15 | 00:07:20 | need to diversify your sourcing methods |
| 00:07:17 | 00:07:22 | so maybe one weekend try garage saling |
| 00:07:20 | 00:07:25 | maybe the next weekend and go to a book |
| 00:07:22 | 00:07:26 | so maybe later that we try some online |
| 00:07:25 | 00:07:29 | sourcing from eBay Halliday Baba |
| 00:07:26 | 00:07:32 | Aliexpress just diversify so that you |
| 00:07:29 | 00:07:35 | don't go all in on one location or one |
| 00:07:32 | 00:07:36 | sourcing method and it just flattens and |
| 00:07:35 | 00:07:38 | you can no longer purchase profitable |
| 00:07:36 | 00:07:40 | products from it in Utah diversify and |
| 00:07:38 | 00:07:42 | have multiple places that you can |
| 00:07:40 | 00:07:44 | purchase products from so those are my |
| 00:07:42 | 00:07:48 | five tips when it comes to making your |
| 00:07:44 | 00:07:50 | first $1,000 on Amazon FBA quick as a |
| 00:07:48 | 00:07:52 | beginner so if you enjoy this video |
| 00:07:50 | 00:07:54 | please feel free to comment loath any |
| 00:07:52 | 00:07:56 | questions and our video ideas you'd like |
| 00:07:54 | 00:07:58 | to see in the future also don't forget |
| 00:07:56 | 00:08:00 | to Like and subscribe as I'm always give |
| 00:07:58 | 00:08:02 | them way different tips and tricks on |
| 00:08:00 | 00:08:06 | how to make money online and on that |
| 00:08:02 | 00:08:06 | note I will see you guys next video |
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