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Amazon FBA in 2022: What It Is + How Beginners Can Start

Published on: November 30 2022 by Carter Maxwell

Amazon FBA in 2022: What It Is + How Beginners Can Start

Amazon FBA in 2022: What It Is + How Beginners Can Start

startTime durationTime text
00:00:00 00:00:03 what's up everyone carter here and in
00:00:02 00:00:06 this video i'm going to break down
00:00:03 00:00:08 exactly what amazon fba is and how you
00:00:06 00:00:10 can start making money as a complete
00:00:08 00:00:11 beginner and to make your life much
00:00:10 00:00:13 easier i'm going to show you three
00:00:11 00:00:15 different ways that you can make money
00:00:13 00:00:17 on amazon as a beginner so you can
00:00:15 00:00:19 choose the option that fits you the best
00:00:17 00:00:20 with that being said make sure to smash
00:00:19 00:00:22 that like button and let's go ahead and
00:00:20 00:00:25 get right into the video before we get
00:00:22 00:00:27 any further amazon fba what is it and
00:00:25 00:00:30 how does it work amazon fba stands for
00:00:27 00:00:32 fulfillment by amazon and is a service
00:00:30 00:00:35 that amazon provides to make your life
00:00:32 00:00:38 as a seller much easier and with fba
00:00:35 00:00:40 amazon actually stores all your items in
00:00:38 00:00:43 their warehouses while those items are
00:00:40 00:00:46 for sale on amazon.com now the beautiful
00:00:43 00:00:48 thing is once your item actually sells
00:00:46 00:00:50 on amazon the amazon fulfillment team is
00:00:48 00:00:52 going to pick pack and ship that product
00:00:50 00:00:54 directly to your customer for you for
00:00:52 00:00:56 example let's say that you bought 10
00:00:54 00:00:59 water bottles to sell on amazon for
00:00:56 00:01:00 profit with fva you're going to find the
00:00:59 00:01:03 listing that you want to sell under and
00:01:00 00:01:04 you're going to create an amazon seller
00:01:03 00:01:06 shipment you're going to add in the
00:01:04 00:01:07 quantity of the item that you have
00:01:06 00:01:09 you're going to choose your price point
00:01:07 00:01:11 the condition of your item and you're
00:01:09 00:01:14 actually going to ship all 10 of those
00:01:11 00:01:17 water bottles to a designated amazon
00:01:14 00:01:19 warehouse amazon is then going to store
00:01:17 00:01:21 those water bottles for you while
00:01:19 00:01:24 they're for sale on amazon.com now the
00:01:21 00:01:26 cool thing is when someone buys your
00:01:24 00:01:28 water bottle the amazon fulfillment team
00:01:26 00:01:30 is going to pick pack and ship that
00:01:28 00:01:32 water bottle directly to your customer
00:01:30 00:01:35 for you which makes your life as a
00:01:32 00:01:37 seller much much easier so now that you
00:01:35 00:01:39 have a better understanding of how fba
00:01:37 00:01:41 works let's go ahead and hop into three
00:01:39 00:01:43 of the different ways that you can start
00:01:41 00:01:46 making money on amazon as a beginner
00:01:43 00:01:48 business model number one is reselling
00:01:46 00:01:52 reselling is exactly how i started my
00:01:48 00:01:54 journey on amazon almost five years ago
00:01:52 00:01:57 as a high school student i started my
00:01:54 00:02:00 journey by selling used books cds video
00:01:57 00:02:02 games essentially low buy cost items
00:02:00 00:02:04 that had great profit margins reselling
00:02:02 00:02:06 opened up so many great opportunities
00:02:04 00:02:09 for me i was sourcing from places like
00:02:06 00:02:12 garage sales thrift stores neighbors
00:02:09 00:02:14 houses essentially trying to find any
00:02:12 00:02:17 items that i could buy and resell on
00:02:14 00:02:20 amazon for profit now some of the pros
00:02:17 00:02:23 to the reselling business model is
00:02:20 00:02:26 number one it's a very easy concept buy
00:02:23 00:02:28 low sell high and pro number two is that
00:02:26 00:02:30 this business model does not require a
00:02:28 00:02:33 ton of capital just like i mentioned
00:02:30 00:02:35 earlier i started with low buy cost
00:02:33 00:02:38 items that had high profit margins and
00:02:35 00:02:40 over time as i sold more items i made
00:02:38 00:02:42 more money and therefore i had more
00:02:40 00:02:44 profit generated from the business that
00:02:42 00:02:47 i could actually reinvest into
00:02:44 00:02:50 purchasing more inventory and in larger
00:02:47 00:02:51 quantities so great places to find items
00:02:50 00:02:55 to resell are going to be stuff around
00:02:51 00:02:57 your house your garage retail stores
00:02:55 00:02:59 thrift stores are all great locations to
00:02:57 00:03:01 find items to buy and resell back on
00:02:59 00:03:04 amazon business model number two is
00:03:01 00:03:06 retail arbitrage so what is retail
00:03:04 00:03:09 arbitrage rate arbitrage is essentially
00:03:06 00:03:11 the business model of purchasing items
00:03:09 00:03:13 from your retail stores for example
00:03:11 00:03:15 walmart to actually resell back on
00:03:13 00:03:18 amazon for profit now this business
00:03:15 00:03:19 model can be extremely profitable this
00:03:18 00:03:21 has been one of my most favorite
00:03:19 00:03:24 business models over the last couple of
00:03:21 00:03:26 years i've sold hundreds of thousands of
00:03:24 00:03:28 dollars of products on amazon that i
00:03:26 00:03:31 have strictly purchased from retail
00:03:28 00:03:34 stores like walmart target home depot
00:03:31 00:03:36 and lowe's for example on my screen as
00:03:34 00:03:38 you can see this is one of the items
00:03:36 00:03:40 that i and the members of my selling
00:03:38 00:03:43 fastlane discord community were hunting
00:03:40 00:03:46 this past christmas it's this four foot
00:03:43 00:03:48 blow mold reindeer as you can see the
00:03:46 00:03:52 lowest price is 235 dollars and it's
00:03:48 00:03:55 quickly getting up to the 270 to 300
00:03:52 00:03:58 price range even up to 400
00:03:55 00:04:01 as you can see using this brickseek link
00:03:58 00:04:04 this actually only cost 99
00:04:01 00:04:09 to purchase at your local home depot now
00:04:04 00:04:11 this is huge buy for 99 sell for 235
00:04:09 00:04:13 that leaves you the seller with a great
00:04:11 00:04:16 profit margin and the cool thing is this
00:04:13 00:04:18 is a bit in-depth for uh some more
00:04:16 00:04:22 beginners but as you can see this item
00:04:18 00:04:24 was actually selling on amazon for 500
00:04:22 00:04:28 at one point lots of sales for 400 lots
00:04:24 00:04:30 of sales for um 280 um so depending on
00:04:28 00:04:32 when you were selling this item during
00:04:30 00:04:35 the christmas buying season you could
00:04:32 00:04:38 get anywhere from 235 to potentially
00:04:35 00:04:40 over 400 dollars selling this item on
00:04:38 00:04:42 amazon and for those that don't know
00:04:40 00:04:44 brickseek is essentially a website where
00:04:42 00:04:47 you can input your zip code and it will
00:04:44 00:04:49 actually show you what stores in your
00:04:47 00:04:52 area have stoks you can see this
00:04:49 00:04:55 location in miami has two on hand that
00:04:52 00:04:58 you can go and buy for 99 and resell
00:04:55 00:05:00 back for 235 on amazon now some pros to
00:04:58 00:05:03 the retail arbitrage business model is
00:05:00 00:05:05 number one you are selling items that
00:05:03 00:05:08 already have established listings on
00:05:05 00:05:10 amazon and already have demand in
00:05:08 00:05:11 purchasing that item some business
00:05:10 00:05:14 models you have to create your own
00:05:11 00:05:16 branded product and you might cost a lot
00:05:14 00:05:18 of money you have to place large orders
00:05:16 00:05:20 retail arbitrage the item already exists
00:05:18 00:05:22 it already has demand pro number two is
00:05:20 00:05:24 with the retail arbitrage business model
00:05:22 00:05:27 you can also start with a lower amount
00:05:24 00:05:30 of capital you can selectively choose
00:05:27 00:05:32 what items that you want to buy and sell
00:05:30 00:05:33 and a lot of the read to arbitrage items
00:05:32 00:05:36 that i and the members of my discord
00:05:33 00:05:38 purchase are very quick sellers so the
00:05:36 00:05:40 investment that you make you can often
00:05:38 00:05:42 sell it pretty quickly on amazon which
00:05:40 00:05:45 allows that payment to go into your next
00:05:42 00:05:47 distribution so that you can continually
00:05:45 00:05:49 take those profits and reinvest it back
00:05:47 00:05:51 in the business now the only con that i
00:05:49 00:05:54 can think of for the retail arbitrage
00:05:51 00:05:56 business model is that it does require a
00:05:54 00:05:59 little more movement what i mean by that
00:05:56 00:06:01 is you actually have to go to these
00:05:59 00:06:03 stores you're going to have to put in
00:06:01 00:06:05 time and effort and money into gas and
00:06:03 00:06:07 driving to the stores checking to see if
00:06:05 00:06:09 that store has any quantity available
00:06:07 00:06:12 then you have to drive home so there is
00:06:09 00:06:14 a little bit more time required um you
00:06:12 00:06:17 know in order to purchase these items
00:06:14 00:06:19 business model number three is online
00:06:17 00:06:21 arbitrage so what is online arbitrage
00:06:19 00:06:24 it's essentially the business model of
00:06:21 00:06:26 purchasing inventory online with the
00:06:24 00:06:28 intention to then resell it back on
00:06:26 00:06:31 amazon for a profit now the pros to the
00:06:28 00:06:33 online arbitrage business model is
00:06:31 00:06:36 number one it's one of the best business
00:06:33 00:06:38 models as far as scaling what do i mean
00:06:36 00:06:41 by scaling what i mean by scaling is
00:06:38 00:06:43 being able to quickly grow the business
00:06:41 00:06:46 with online arbitrage you have the
00:06:43 00:06:49 ability to purchase items from thousands
00:06:46 00:06:52 and thousands of different websites
00:06:49 00:06:54 retailers and it's a lot easier to grow
00:06:52 00:06:56 the business pro number two is that you
00:06:54 00:06:59 can do this from the comfort of your
00:06:56 00:07:01 home with the last business model retail
00:06:59 00:07:03 arbitrage you actually have to
00:07:01 00:07:05 physically go to those stores in order
00:07:03 00:07:08 to purchase that inventory with the
00:07:05 00:07:11 online arbitrage business model you can
00:07:08 00:07:13 purchase that inventory online and that
00:07:11 00:07:15 retailer will ship it directly to your
00:07:13 00:07:17 doorstep now everyone's situation is
00:07:15 00:07:18 different you might live in the middle
00:07:17 00:07:20 of nowhere and you're not going to have
00:07:18 00:07:23 a ton of retail stores around you well
00:07:20 00:07:25 boom all in arbitrage might be a better
00:07:23 00:07:27 business model for you or maybe you live
00:07:25 00:07:29 in a bigger city where you have a ton of
00:07:27 00:07:31 retail stores within 5 or 10 minutes of
00:07:29 00:07:32 your house then retail arbitrage might
00:07:31 00:07:34 be a little bit better business model
00:07:32 00:07:36 for you to go ahead and attempt and be
00:07:34 00:07:38 able to buy those products same day and
00:07:36 00:07:40 list them on amazon now as you know the
00:07:38 00:07:43 foundation of your amazon business is
00:07:40 00:07:46 built on the products that you have for
00:07:43 00:07:49 sale and i know firsthand as a new
00:07:46 00:07:50 amazon seller or even current amazon
00:07:49 00:07:52 sellers they always struggle with
00:07:50 00:07:54 finding new items to add to their
00:07:52 00:07:56 business maybe they don't know how to do
00:07:54 00:07:58 product research maybe they're just not
00:07:56 00:08:00 very good at it or maybe it's something
00:07:58 00:08:02 they just don't want to spend time on
00:08:00 00:08:04 and that led me to creating a selling
00:08:02 00:08:07 fastlane discord an online community
00:08:04 00:08:09 dedicated to helping new amazon sellers
00:08:07 00:08:11 and current amazon sellers make more
00:08:09 00:08:13 money in their amazon business inside my
00:08:11 00:08:16 community we actually post daily
00:08:13 00:08:19 profitable leads for example these
00:08:16 00:08:22 jalapeno pretzel pieces is a lead that i
00:08:19 00:08:25 actually shared in my discord and we
00:08:22 00:08:28 share anywhere from 10 to 25 plus leads
00:08:25 00:08:31 a day that you as an amazon seller can
00:08:28 00:08:33 literally click the link we have posted
00:08:31 00:08:35 buy on walmart and then resell it back
00:08:33 00:08:38 on amazon for profit and just like that
00:08:35 00:08:41 last retail arbitrage lead that i shared
00:08:38 00:08:43 where you could buy that reindeer for 99
00:08:41 00:08:46 at home depot and sell it for 230 to 300
00:08:43 00:08:48 plus on amazon that's also an example of
00:08:46 00:08:50 a lead that i shared in my community and
00:08:48 00:08:52 that my members were actually finding
00:08:50 00:08:54 and reselling back on amazon for some
00:08:52 00:08:56 amazing profits if you were anybody
00:08:54 00:08:58 interested in checking out the selling
00:08:56 00:09:00 fastlane discord i'll have a link below
00:08:58 00:09:02 in the description of this video and
00:09:00 00:09:05 feel free to use coupon code youtube all
00:09:02 00:09:07 caps to get 50 off your first month so
00:09:05 00:09:09 hopefully after watching this video and
00:09:07 00:09:11 learning about the three different ways
00:09:09 00:09:12 that you can make money on amazon you
00:09:11 00:09:15 can select the business model that will
00:09:12 00:09:18 fit you the best and most importantly
00:09:15 00:09:21 take action select the business model
00:09:18 00:09:23 and go for it start purchasing inventory
00:09:21 00:09:25 get your amazon seller account set up
00:09:23 00:09:28 get your first couple of items listed
00:09:25 00:09:29 sold and repeatedly keep running that
00:09:28 00:09:31 process if you don't like the first
00:09:29 00:09:33 business model move to the next we'll
00:09:31 00:09:34 move to the next one try them all with
00:09:33 00:09:36 that being said if you guys have any
00:09:34 00:09:37 more questions regarding anything i've
00:09:36 00:09:39 toked about in this video feel free to
00:09:37 00:09:41 comment below i'll do my best to get
00:09:39 00:09:43 back to as many questions as i can of
00:09:41 00:09:45 course if you got any value from this
00:09:43 00:09:47 video please smash that like button i
00:09:45 00:09:49 greatly appreciate that and of course if
00:09:47 00:09:50 you want to see any more videos just
00:09:49 00:09:53 like this on how you can create an
00:09:50 00:09:54 additional stream of income online then
00:09:53 00:09:56 make sure you subscribe to the channel
00:09:54 00:09:59 and hope to see you all in the next
00:09:56 00:09:59 video
00:10:06 00:10:08 you

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