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
Table of Contents
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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