How Much Does It ACTUALLY Cost To Sell On Amazon FBA? Full BREAKDOWN Of Startup Costs!
Published on: November 30 2022 by Carter Maxwell
How Much Does It ACTUALLY Cost To Sell On Amazon FBA? Full BREAKDOWN Of Startup Costs!
Table of Contents
How Much Does It ACTUALLY Cost To Sell On Amazon FBA? Full BREAKDOWN Of Startup Costs!
| startTime | durationTime | text |
| 00:00:00 | 00:00:04 | what's up everyone Carter Maxwell here |
| 00:00:02 | 00:00:07 | and in this video I'll be going over how |
| 00:00:04 | 00:00:10 | much it actually costs to sell on Amazon |
| 00:00:07 | 00:00:13 | FBA as well as a full breakdown of all |
| 00:00:10 | 00:00:15 | the costs that go into starting your own |
| 00:00:13 | 00:00:17 | Amazon business so a very common |
| 00:00:15 | 00:00:19 | question for new sellers looking to sell |
| 00:00:17 | 00:00:23 | on Amazon FBA is what does it actually |
| 00:00:19 | 00:00:25 | cost to sell an Amazon what exactly are |
| 00:00:23 | 00:00:28 | the fees which seller plan should they |
| 00:00:25 | 00:00:30 | choose what tools should they invest in |
| 00:00:28 | 00:00:32 | to get the best results and an estimate |
| 00:00:30 | 00:00:34 | of what exactly it's gonna cost |
| 00:00:32 | 00:00:36 | inventory wise to start selling on |
| 00:00:34 | 00:00:37 | Amazon so throughout the video I'll kind |
| 00:00:36 | 00:00:40 | of break down a few different things |
| 00:00:37 | 00:00:42 | from what exactly the Amazon fees for |
| 00:00:40 | 00:00:45 | what fees go into selling on Amazon |
| 00:00:42 | 00:00:46 | which tools I personally think are the |
| 00:00:45 | 00:00:48 | best I'm gonna get you the best results |
| 00:00:46 | 00:00:50 | and help you a lot when it comes to |
| 00:00:48 | 00:00:51 | doing product research or just making |
| 00:00:50 | 00:00:54 | your business a lot more convenient |
| 00:00:51 | 00:00:56 | inefficient and as well as a rough |
| 00:00:54 | 00:00:58 | estimate of what exactly you should be |
| 00:00:56 | 00:01:01 | investing in inventory to start your |
| 00:00:58 | 00:01:03 | Amazon FBA business so let's get right |
| 00:01:01 | 00:01:05 | into it the first cost when selling on |
| 00:01:03 | 00:01:07 | Amazon is going to come in the beginning |
| 00:01:05 | 00:01:09 | portion of your account creation when |
| 00:01:07 | 00:01:10 | you select your selling plan now there's |
| 00:01:09 | 00:01:13 | two different selling plans that you can |
| 00:01:10 | 00:01:14 | choose from a professional and an |
| 00:01:13 | 00:01:17 | individual and as you can see in the |
| 00:01:14 | 00:01:18 | professional it's gonna have a few more |
| 00:01:17 | 00:01:21 | extras for instance like a few different |
| 00:01:18 | 00:01:22 | inventory tools and some different |
| 00:01:21 | 00:01:25 | reports you can go in and you can see |
| 00:01:22 | 00:01:26 | how exactly your different products or |
| 00:01:25 | 00:01:28 | your business is performing an |
| 00:01:26 | 00:01:30 | individual seller plant some of those |
| 00:01:28 | 00:01:32 | things are included but when it comes to |
| 00:01:30 | 00:01:34 | pricing and this is really like the |
| 00:01:32 | 00:01:37 | reason people select different plans |
| 00:01:34 | 00:01:40 | obviously for the professionals so plain |
| 00:01:37 | 00:01:43 | it's going to be $39.99 per month each |
| 00:01:40 | 00:01:44 | month to be able to sell on Amazon now |
| 00:01:43 | 00:01:46 | that's a really big just thing for |
| 00:01:44 | 00:01:49 | people that usually don't have enough |
| 00:01:46 | 00:01:51 | funds or really don't want to invest $40 |
| 00:01:49 | 00:01:54 | right away now I personally think that |
| 00:01:51 | 00:01:55 | the professional seller plan the $40 per |
| 00:01:54 | 00:01:57 | month is definitely worth it I mean if |
| 00:01:55 | 00:01:58 | first off you're gonna be able to sell |
| 00:01:57 | 00:02:01 | on Amazon which is like one of the |
| 00:01:58 | 00:02:04 | biggest online retailers in the world |
| 00:02:01 | 00:02:06 | and for $40 a month it is totally |
| 00:02:04 | 00:02:07 | totally worth it and especially beyond |
| 00:02:06 | 00:02:10 | the market your products and millions |
| 00:02:07 | 00:02:11 | and millions of bars already on Amazon |
| 00:02:10 | 00:02:13 | you need to have to pay for traffic and |
| 00:02:11 | 00:02:15 | I mean $40 seems a lot |
| 00:02:13 | 00:02:17 | upfront but just think about if you're |
| 00:02:15 | 00:02:20 | selling books or video games or your own |
| 00:02:17 | 00:02:22 | product and you're making 10 15 or even |
| 00:02:20 | 00:02:24 | $5 profit per unit if you're making $10 |
| 00:02:22 | 00:02:26 | profit per unit to be able to pay off |
| 00:02:24 | 00:02:28 | your subscription you have to sell four |
| 00:02:26 | 00:02:29 | units to break-even so I mean it's |
| 00:02:28 | 00:02:31 | really not that big of a deal just think |
| 00:02:29 | 00:02:33 | of it as need to sell X amount of |
| 00:02:31 | 00:02:35 | products tool to make that that four |
| 00:02:33 | 00:02:37 | dollars back each month which is pretty |
| 00:02:35 | 00:02:39 | easy but if you are that person who's |
| 00:02:37 | 00:02:43 | really tight with funds maybe don't want |
| 00:02:39 | 00:02:45 | to invest that that $40.00 upfront and a |
| 00:02:43 | 00:02:47 | great thing is as it mentioned up here I |
| 00:02:45 | 00:02:48 | mean you can switch seller plans so |
| 00:02:47 | 00:02:51 | maybe if you want to start out with the |
| 00:02:48 | 00:02:53 | individual seller plan and just pay the |
| 00:02:51 | 00:02:55 | $0.99 every time you so on every time |
| 00:02:53 | 00:02:57 | you sell an item on Amazon you're gonna |
| 00:02:55 | 00:02:59 | actually gonna pay a one dollar fee so |
| 00:02:57 | 00:03:01 | if you get to that point where you're |
| 00:02:59 | 00:03:03 | selling over 40 items per month |
| 00:03:01 | 00:03:05 | obviously it makes more sense to go to |
| 00:03:03 | 00:03:06 | the professional solid plan because |
| 00:03:05 | 00:03:08 | you're not gonna have to pay that $0.99 |
| 00:03:06 | 00:03:11 | fee every time you sell an item each |
| 00:03:08 | 00:03:13 | month now once again you can switch |
| 00:03:11 | 00:03:15 | different seller plans so if you go to |
| 00:03:13 | 00:03:17 | the professional forty dollars per month |
| 00:03:15 | 00:03:18 | and you're not making the amount of |
| 00:03:17 | 00:03:19 | sales that you want you're not making |
| 00:03:18 | 00:03:21 | enough money you can always move back |
| 00:03:19 | 00:03:23 | down to the individual or vice versa |
| 00:03:21 | 00:03:26 | start on the individual move back up to |
| 00:03:23 | 00:03:28 | the refreshness so their plan now it's |
| 00:03:26 | 00:03:30 | really all up to you that is the first |
| 00:03:28 | 00:03:32 | cost when selling on Amazon so the |
| 00:03:30 | 00:03:35 | second cost when it comes to selling on |
| 00:03:32 | 00:03:37 | Amazon are gonna be tools now tools are |
| 00:03:35 | 00:03:39 | an optional expense you don't have to |
| 00:03:37 | 00:03:41 | invest in them the reason you invest in |
| 00:03:39 | 00:03:43 | these tools is to build a stronger and |
| 00:03:41 | 00:03:45 | more profitable and more efficient |
| 00:03:43 | 00:03:49 | scalable business now one of the most |
| 00:03:45 | 00:03:51 | popular Amazon tools is jungle scalp now |
| 00:03:49 | 00:03:53 | jungle scale is one of the best research |
| 00:03:51 | 00:03:55 | softwares that you can use to do product |
| 00:03:53 | 00:03:57 | research for now when it comes to using |
| 00:03:55 | 00:03:59 | jungle Scott there's actually two |
| 00:03:57 | 00:04:01 | different tools that you can actually |
| 00:03:59 | 00:04:03 | purchase there's the web app which is |
| 00:04:01 | 00:04:05 | going to be a thing around $40 per month |
| 00:04:03 | 00:04:08 | and that's where we can go you mean go |
| 00:04:05 | 00:04:09 | into your product database and basically |
| 00:04:08 | 00:04:11 | do the beginning part of your research |
| 00:04:09 | 00:04:13 | so you can go in and you can select the |
| 00:04:11 | 00:04:15 | category is that you might be interested |
| 00:04:13 | 00:04:18 | in as you can see you just click them |
| 00:04:15 | 00:04:19 | off anything that you want to any |
| 00:04:18 | 00:04:22 | categories they want to look in so you |
| 00:04:19 | 00:04:23 | can just select them and then it comes |
| 00:04:22 | 00:04:25 | over here where you can enter your |
| 00:04:23 | 00:04:27 | criteria so maybe if you only want |
| 00:04:25 | 00:04:28 | standard products you don't want |
| 00:04:27 | 00:04:29 | products that are super large you're |
| 00:04:28 | 00:04:31 | gonna go check off the standard box |
| 00:04:29 | 00:04:33 | maybe you want to prop the cells for |
| 00:04:31 | 00:04:35 | around 20 of the $30 you can come in |
| 00:04:33 | 00:04:39 | here and you can put in your price point |
| 00:04:35 | 00:04:42 | whatever you'd like 1995 to $30 now |
| 00:04:39 | 00:04:44 | maybe I'd only care about net profit |
| 00:04:42 | 00:04:46 | minimum rank I do care about sales so |
| 00:04:44 | 00:04:49 | when it comes to sales if you're making |
| 00:04:46 | 00:04:51 | 5 $10 profit per unit it really depends |
| 00:04:49 | 00:04:53 | on what type of products are you looking |
| 00:04:51 | 00:04:54 | for you're looking for home run products |
| 00:04:53 | 00:04:55 | are you looking for this easy products |
| 00:04:54 | 00:04:59 | that you want to try to make anywhere |
| 00:04:55 | 00:05:00 | from $1,000 profit per month to $3,000 |
| 00:04:59 | 00:05:03 | profit per month so if you're making $10 |
| 00:05:00 | 00:05:07 | on a $30 product maybe you want to have |
| 00:05:03 | 00:05:08 | 300 minimum sales a month and you don't |
| 00:05:07 | 00:05:10 | want to put a max sales because I mean |
| 00:05:08 | 00:05:12 | if it's doing 300 sales a month or a |
| 00:05:10 | 00:05:14 | thousand sales a month it's great either |
| 00:05:12 | 00:05:16 | way but maybe you don't want the product |
| 00:05:14 | 00:05:18 | to be too competitive so say hey stik |
| 00:05:16 | 00:05:23 | under 50 reviews and we don't want it to |
| 00:05:18 | 00:05:25 | be over 2 pounds so then once you've put |
| 00:05:23 | 00:05:27 | in criteria you selected your categories |
| 00:05:25 | 00:05:30 | jungle Scout is gonna pull down every |
| 00:05:27 | 00:05:33 | result that matches your criteria so |
| 00:05:30 | 00:05:35 | over 10,000 different listings match the |
| 00:05:33 | 00:05:37 | criteria that I just put in so then what |
| 00:05:35 | 00:05:39 | you basically do is you'd select how |
| 00:05:37 | 00:05:41 | much however many products you want per |
| 00:05:39 | 00:05:43 | page and you just go through you just |
| 00:05:41 | 00:05:45 | scroll down and see if there's anything |
| 00:05:43 | 00:05:47 | that catches your eye see that there's |
| 00:05:45 | 00:05:49 | possibly something that has low reviews |
| 00:05:47 | 00:05:51 | it's doing really good sales and see if |
| 00:05:49 | 00:05:53 | there's an opportunity for you to go and |
| 00:05:51 | 00:05:55 | source that product overseas brand that |
| 00:05:53 | 00:05:57 | product basically private labeling that |
| 00:05:55 | 00:05:59 | product to then sell a buck sell it back |
| 00:05:57 | 00:06:02 | on Amazon so this is the web app and |
| 00:05:59 | 00:06:05 | also I'll go over the packages in the |
| 00:06:02 | 00:06:07 | pricing later but also there's the jumbo |
| 00:06:05 | 00:06:09 | Scout Chrome extension so if you've |
| 00:06:07 | 00:06:11 | already done your research on here and |
| 00:06:09 | 00:06:13 | you think you've found a product that's |
| 00:06:11 | 00:06:14 | doing a decent amount of sales it's not |
| 00:06:13 | 00:06:16 | too competitive and you want to do |
| 00:06:14 | 00:06:18 | further research on Amazon to see what |
| 00:06:16 | 00:06:20 | the market looks like all you have to do |
| 00:06:18 | 00:06:21 | is just take the most broad search term |
| 00:06:20 | 00:06:23 | for that product so for instance if we |
| 00:06:21 | 00:06:25 | were doing research and we found these |
| 00:06:23 | 00:06:27 | these clout goggles know they were doing |
| 00:06:25 | 00:06:29 | really good sales and the reviews |
| 00:06:27 | 00:06:31 | weren't too high and you want to look |
| 00:06:29 | 00:06:33 | more into it you can then just obviously |
| 00:06:31 | 00:06:35 | search the most broad search term for |
| 00:06:33 | 00:06:37 | that product and then use the Chrome |
| 00:06:35 | 00:06:39 | extension which is another portion other |
| 00:06:37 | 00:06:41 | than the web app so on the Chrome |
| 00:06:39 | 00:06:42 | extension |
| 00:06:41 | 00:06:45 | it's basically to pull down every |
| 00:06:42 | 00:06:47 | listing on the first page for that |
| 00:06:45 | 00:06:50 | search term clout goggles and you're |
| 00:06:47 | 00:06:52 | able to see the brand name the prices |
| 00:06:50 | 00:06:55 | for all the different products the rank |
| 00:06:52 | 00:06:57 | estimated sales per month over a 30 day |
| 00:06:55 | 00:06:59 | period the revenue as well as a refuse |
| 00:06:57 | 00:07:01 | now this is just huge because it gives |
| 00:06:59 | 00:07:04 | you a big view of like what the |
| 00:07:01 | 00:07:06 | marketplace looks like for page one so |
| 00:07:04 | 00:07:07 | you can go through and see oh right off |
| 00:07:06 | 00:07:09 | the bat you see there's these two |
| 00:07:07 | 00:07:12 | sellers that have a pretty high amount |
| 00:07:09 | 00:07:14 | of views 179 165 you can go through see |
| 00:07:12 | 00:07:16 | how the sales are they evenly spread out |
| 00:07:14 | 00:07:17 | is there one seller that's a dominate in |
| 00:07:16 | 00:07:19 | the market while the other sellers have |
| 00:07:17 | 00:07:20 | been a little bit lower reviews so |
| 00:07:19 | 00:07:23 | basically it's just another way for you |
| 00:07:20 | 00:07:26 | to do product research and really look |
| 00:07:23 | 00:07:29 | into what exactly product research is in |
| 00:07:26 | 00:07:31 | this tool and so I personally use Jungle |
| 00:07:29 | 00:07:32 | Scott in my business I teach my students |
| 00:07:31 | 00:07:35 | to use Jungle Scott as well because it's |
| 00:07:32 | 00:07:36 | just a great way to I mean scale your |
| 00:07:35 | 00:07:38 | business and find products quickly I |
| 00:07:36 | 00:07:41 | mean sure there's other ways out there |
| 00:07:38 | 00:07:42 | that you can do free product research |
| 00:07:41 | 00:07:43 | and methods but I mean if you really |
| 00:07:42 | 00:07:45 | think about it it's not going to be |
| 00:07:43 | 00:07:46 | efficient everyone is going to be doing |
| 00:07:45 | 00:07:48 | this the same paper going to be finding |
| 00:07:46 | 00:07:50 | the same products and if you can just |
| 00:07:48 | 00:07:52 | come in here and use your own criteria |
| 00:07:50 | 00:07:54 | just get creative with it you're gonna |
| 00:07:52 | 00:07:56 | be able to find profitable products just |
| 00:07:54 | 00:07:58 | all the time now I forgot to mention |
| 00:07:56 | 00:08:00 | this at the beginning of this segment |
| 00:07:58 | 00:08:02 | but there are different pricing plans |
| 00:08:00 | 00:08:04 | when it comes to the web app and the |
| 00:08:02 | 00:08:05 | Chrome extension so for the web app you |
| 00:08:04 | 00:08:07 | have obviously three different |
| 00:08:05 | 00:08:10 | selections to choose from when it comes |
| 00:08:07 | 00:08:12 | to billing $69 per month $49 per month |
| 00:08:10 | 00:08:14 | $29 per month and the main thing about |
| 00:08:12 | 00:08:16 | this is you can just track a different |
| 00:08:14 | 00:08:19 | amount of products you usually have the |
| 00:08:16 | 00:08:20 | same characteristiks of each one it's |
| 00:08:19 | 00:08:22 | just you can track different products |
| 00:08:20 | 00:08:24 | and what it means to track is you can |
| 00:08:22 | 00:08:27 | take an Aysen of a product already on |
| 00:08:24 | 00:08:29 | Amazon and track it in the jungle scout |
| 00:08:27 | 00:08:31 | web app so once you're in the web app |
| 00:08:29 | 00:08:33 | you can track that competitors products |
| 00:08:31 | 00:08:34 | see how many units they sold on this |
| 00:08:33 | 00:08:36 | they see how many units they're |
| 00:08:34 | 00:08:38 | averaging what their sales rank is what |
| 00:08:36 | 00:08:40 | their inventories at so it's a great way |
| 00:08:38 | 00:08:43 | to really monitor your competitors now I |
| 00:08:40 | 00:08:45 | highly recommend just using the start up |
| 00:08:43 | 00:08:47 | one that's the one I use and I mean if |
| 00:08:45 | 00:08:48 | you obviously again if you're worried |
| 00:08:47 | 00:08:51 | about this twenty nine dollars per month |
| 00:08:48 | 00:08:53 | you can just sign up for $29 for the |
| 00:08:51 | 00:08:55 | first month find three or four good |
| 00:08:53 | 00:08:57 | products ET can |
| 00:08:55 | 00:08:59 | be a private-label or you interested in |
| 00:08:57 | 00:09:01 | and then just unsubscribe from us you |
| 00:08:59 | 00:09:02 | don't have to consistently get that $30 |
| 00:09:01 | 00:09:04 | per month billed to your account you can |
| 00:09:02 | 00:09:06 | just go do it for one month find a few |
| 00:09:04 | 00:09:09 | products that you might be interested in |
| 00:09:06 | 00:09:10 | and then just delete the subscription so |
| 00:09:09 | 00:09:11 | that's gonna be for the web app and the |
| 00:09:10 | 00:09:14 | web app is the one we're going to go |
| 00:09:11 | 00:09:15 | through and do the beginning stages of |
| 00:09:14 | 00:09:18 | your research you're going to select |
| 00:09:15 | 00:09:20 | your categories putting your pricing and |
| 00:09:18 | 00:09:21 | all your other criteria that you want to |
| 00:09:20 | 00:09:24 | look for in a product |
| 00:09:21 | 00:09:26 | now the second pricing plans are going |
| 00:09:24 | 00:09:28 | to be for the Chrome extension and these |
| 00:09:26 | 00:09:30 | are not monthly these are one-time and |
| 00:09:28 | 00:09:32 | this is something that you just you |
| 00:09:30 | 00:09:35 | really need to have it I mean I know |
| 00:09:32 | 00:09:37 | $200 is somewhat of a big investment but |
| 00:09:35 | 00:09:38 | I mean just start out with the light you |
| 00:09:37 | 00:09:40 | can still come on here and you can go |
| 00:09:38 | 00:09:42 | through see the different pricing |
| 00:09:40 | 00:09:44 | strategies the sales that revenue and |
| 00:09:42 | 00:09:46 | can be extremely important especially if |
| 00:09:44 | 00:09:48 | you're building a private label business |
| 00:09:46 | 00:09:49 | you're gonna need this extension to go |
| 00:09:48 | 00:09:51 | and check out what the competition is |
| 00:09:49 | 00:09:53 | looking like what sellers are making |
| 00:09:51 | 00:09:55 | sales which ones aren't so you can get a |
| 00:09:53 | 00:09:57 | a better overall view of what the market |
| 00:09:55 | 00:09:58 | is looking like for that specific |
| 00:09:57 | 00:10:01 | products so once again if you would like |
| 00:09:58 | 00:10:03 | to learn more about the pricing plans or |
| 00:10:01 | 00:10:04 | just read more about what exactly jungle |
| 00:10:03 | 00:10:05 | Scott is you can find it in the |
| 00:10:04 | 00:10:09 | description of this video |
| 00:10:05 | 00:10:11 | so the third cost when selling on Amazon |
| 00:10:09 | 00:10:13 | is going to be for your inventory now |
| 00:10:11 | 00:10:15 | unfortunately I can't give you an exact |
| 00:10:13 | 00:10:17 | estimate of what exactly you're gonna |
| 00:10:15 | 00:10:18 | need to invest in your business because |
| 00:10:17 | 00:10:20 | there are tons of different business |
| 00:10:18 | 00:10:22 | models when it comes to selling on |
| 00:10:20 | 00:10:24 | Amazon this retail arbitrage we're going |
| 00:10:22 | 00:10:26 | to be going to big-box stores like |
| 00:10:24 | 00:10:29 | Walmart Target Toys R Us is and |
| 00:10:26 | 00:10:31 | purchasing items in bulk like toys video |
| 00:10:29 | 00:10:33 | games with the intention to then sell it |
| 00:10:31 | 00:10:35 | back on Amazon then there's different |
| 00:10:33 | 00:10:37 | business models like private label we're |
| 00:10:35 | 00:10:39 | gonna go on places like Alibaba and for |
| 00:10:37 | 00:10:41 | instance I'm using the cloud calls as an |
| 00:10:39 | 00:10:43 | example as you can see they were selling |
| 00:10:41 | 00:10:45 | anywhere from like I think was like 10 |
| 00:10:43 | 00:10:48 | to 12 dollars on Amazon where you can |
| 00:10:45 | 00:10:51 | see if you order them in bulk of 20 |
| 00:10:48 | 00:10:53 | pieces or 50 pieces you can get them |
| 00:10:51 | 00:10:56 | anywhere from 60 cents to like a dollar |
| 00:10:53 | 00:10:58 | right here so within that business model |
| 00:10:56 | 00:10:59 | you're probably gonna have to invest a |
| 00:10:58 | 00:11:02 | little bit more upfront because you're |
| 00:10:59 | 00:11:04 | gonna be buying one individual product |
| 00:11:02 | 00:11:06 | in bulk to then sell them back |
| 00:11:04 | 00:11:07 | individually back on Amazon so when it |
| 00:11:06 | 00:11:09 | comes to giving you a rough |
| 00:11:07 | 00:11:11 | estimate of what exactly it's gonna cost |
| 00:11:09 | 00:11:13 | an inventory I can't really give that to |
| 00:11:11 | 00:11:16 | you it really depends on the business |
| 00:11:13 | 00:11:18 | model if it be private label read |
| 00:11:16 | 00:11:20 | Tarbert Raw's wholesale were once again |
| 00:11:18 | 00:11:22 | you're buying in bulk or reselling which |
| 00:11:20 | 00:11:24 | is probably going to be the cheapest |
| 00:11:22 | 00:11:25 | absolute cheapest way to start selling |
| 00:11:24 | 00:11:28 | on Amazon because you're gonna be buying |
| 00:11:25 | 00:11:30 | individual approaches random individual |
| 00:11:28 | 00:11:33 | products which you can buy off of off |
| 00:11:30 | 00:11:35 | repeating on Aliexpress eBay garage |
| 00:11:33 | 00:11:39 | sales thrift stores for instance if you |
| 00:11:35 | 00:11:41 | just want to buy some books video games |
| 00:11:39 | 00:11:43 | electronics things like that we can just |
| 00:11:41 | 00:11:45 | buy a quantity of one you buy for $20 in |
| 00:11:43 | 00:11:48 | it sells for 80 so things like that are |
| 00:11:45 | 00:11:49 | gonna be a great way for you to start so |
| 00:11:48 | 00:11:52 | when it comes to that third cost to |
| 00:11:49 | 00:11:54 | inventory cost um I can't really give |
| 00:11:52 | 00:11:56 | you an exact number but that is the |
| 00:11:54 | 00:11:59 | third cost when it comes to selling on |
| 00:11:56 | 00:12:01 | Amazon so the fourth cost when it comes |
| 00:11:59 | 00:12:03 | to selling on Amazon is going to be the |
| 00:12:01 | 00:12:06 | shipping in labeling portion so when |
| 00:12:03 | 00:12:08 | you're using the FBA program you have to |
| 00:12:06 | 00:12:10 | physically ship the products from your |
| 00:12:08 | 00:12:13 | warehouse or your supplier has to ship |
| 00:12:10 | 00:12:15 | them to the Amazon warehouse where your |
| 00:12:13 | 00:12:16 | products will be stored now once again |
| 00:12:15 | 00:12:19 | when you're using the FBA program and |
| 00:12:16 | 00:12:21 | once your product is sold on Amazon the |
| 00:12:19 | 00:12:23 | Amazon Fulfillment team will then pick |
| 00:12:21 | 00:12:24 | pack and ship your product 2-day |
| 00:12:23 | 00:12:26 | shipping to the customer but that can't |
| 00:12:24 | 00:12:29 | happen until your product is live and |
| 00:12:26 | 00:12:31 | for sale on Amazon at the Amazon |
| 00:12:29 | 00:12:33 | warehouse so the only way to do that is |
| 00:12:31 | 00:12:34 | you have to ship the product now a lot |
| 00:12:33 | 00:12:37 | of people think that this process is |
| 00:12:34 | 00:12:38 | really really confusing but I mean once |
| 00:12:37 | 00:12:40 | you go over it one or two different |
| 00:12:38 | 00:12:42 | times and create a few different |
| 00:12:40 | 00:12:44 | shipments it gets super super easy and |
| 00:12:42 | 00:12:46 | super simple so basically the process is |
| 00:12:44 | 00:12:48 | you are going to enter each of the |
| 00:12:46 | 00:12:50 | products into your shipment so if you |
| 00:12:48 | 00:12:52 | just have one if you're private labeling |
| 00:12:50 | 00:12:53 | a product you really have two different |
| 00:12:52 | 00:12:56 | options you can either have your |
| 00:12:53 | 00:12:58 | supplier overseas ship that product to |
| 00:12:56 | 00:13:00 | your house you then inspect it and then |
| 00:12:58 | 00:13:02 | ship it back to Amazon you're gonna be |
| 00:13:00 | 00:13:04 | paying shipping two different times so |
| 00:13:02 | 00:13:06 | what I recommend is you just have your |
| 00:13:04 | 00:13:08 | supplier ship it directly to the Amazon |
| 00:13:06 | 00:13:10 | warehouse for you now once again I can't |
| 00:13:08 | 00:13:11 | give you an exact estimate of what it's |
| 00:13:10 | 00:13:13 | going to cost to ship your product to |
| 00:13:11 | 00:13:16 | Amazon because first off I don't know |
| 00:13:13 | 00:13:17 | what your product is I don't know the |
| 00:13:16 | 00:13:19 | size the dimensions of your product I |
| 00:13:17 | 00:13:20 | don't know how much it weighs so when it |
| 00:13:19 | 00:13:23 | comes to selling on |
| 00:13:20 | 00:13:24 | obviously the light of the products |
| 00:13:23 | 00:13:26 | smaller the product that less it you're |
| 00:13:24 | 00:13:28 | gonna have to pay but Amazon is |
| 00:13:26 | 00:13:30 | partnered with a few different carriers |
| 00:13:28 | 00:13:33 | if it be FedEx and UPS so they really do |
| 00:13:30 | 00:13:35 | get some good rates and I mean when I |
| 00:13:33 | 00:13:38 | was shipping books and stuff like that I |
| 00:13:35 | 00:13:39 | was usually getting anywhere from twenty |
| 00:13:38 | 00:13:42 | five cents to thirty three cents per |
| 00:13:39 | 00:13:44 | pound to ship those products from the |
| 00:13:42 | 00:13:45 | state of Texas to basically anywhere in |
| 00:13:44 | 00:13:47 | the United States where every warehouse |
| 00:13:45 | 00:13:49 | I was sending it to so it's it's pretty |
| 00:13:47 | 00:13:51 | pretty cheap but I mean I can't really |
| 00:13:49 | 00:13:53 | give you an exact cost because I mean it |
| 00:13:51 | 00:13:55 | depends on the amount of boxes that are |
| 00:13:53 | 00:13:57 | in your shipment that it mentions of |
| 00:13:55 | 00:13:59 | each box the weight of each box really |
| 00:13:57 | 00:14:02 | comes into play when it comes to the |
| 00:13:59 | 00:14:04 | cost to ship to Amazon though before you |
| 00:14:02 | 00:14:06 | can even ship your products to the |
| 00:14:04 | 00:14:09 | Amazon FBA warehouses each individual |
| 00:14:06 | 00:14:11 | unit has to be labeled so the Amazon can |
| 00:14:09 | 00:14:13 | track those units once they hit the |
| 00:14:11 | 00:14:14 | warehouse now there's two different ways |
| 00:14:13 | 00:14:17 | that you can have a units label you can |
| 00:14:14 | 00:14:19 | have Amazon the Amazon service label |
| 00:14:17 | 00:14:22 | them for you which is going to be 20 |
| 00:14:19 | 00:14:25 | cents per unit so if you're making $5 |
| 00:14:22 | 00:14:28 | $10 $15 per unit and you can afford to |
| 00:14:25 | 00:14:30 | have Amazon just label it for you then |
| 00:14:28 | 00:14:32 | by all means go ahead and use the FBA |
| 00:14:30 | 00:14:34 | label service and have them charge you |
| 00:14:32 | 00:14:36 | 20 cents per unit to label the product |
| 00:14:34 | 00:14:38 | for you although if you're shipping |
| 00:14:36 | 00:14:40 | hundreds to thousands of units and you |
| 00:14:38 | 00:14:43 | really want to save that 20 cents for |
| 00:14:40 | 00:14:44 | each item you can label them yourself |
| 00:14:43 | 00:14:45 | obviously it's gonna take a little bit |
| 00:14:44 | 00:14:47 | more time because you're gonna have to |
| 00:14:45 | 00:14:50 | go buy some 30 up labels I mean you can |
| 00:14:47 | 00:14:52 | get like a thousand labels for ten |
| 00:14:50 | 00:14:54 | dollars on Amazon run them through your |
| 00:14:52 | 00:14:55 | printer have your printer print out all |
| 00:14:54 | 00:14:57 | the labels and then you have to go |
| 00:14:55 | 00:14:59 | through and find each individual product |
| 00:14:57 | 00:15:00 | take that label off and put it on that |
| 00:14:59 | 00:15:02 | product and then put it into the |
| 00:15:00 | 00:15:04 | shipment where you can then print out |
| 00:15:02 | 00:15:06 | the shipping labels and ship it to the |
| 00:15:04 | 00:15:07 | warehouse so once again either you can |
| 00:15:06 | 00:15:10 | do it yourself for free and just invest |
| 00:15:07 | 00:15:12 | in the labels and the printer ink or you |
| 00:15:10 | 00:15:14 | can go ahead and have Amazon label them |
| 00:15:12 | 00:15:17 | for you for twenty cents per unit so |
| 00:15:14 | 00:15:19 | that is the fourth cost the fifth and |
| 00:15:17 | 00:15:21 | final cost I'll be breaking down are |
| 00:15:19 | 00:15:23 | going to be the Amazon FBA fees now you |
| 00:15:21 | 00:15:25 | yourself can do this too for free all |
| 00:15:23 | 00:15:26 | you have to do is just google the Amazon |
| 00:15:25 | 00:15:28 | the revenue calculator it should be the |
| 00:15:26 | 00:15:30 | first one that comes up so once you |
| 00:15:28 | 00:15:31 | reach this point what you're going to do |
| 00:15:30 | 00:15:33 | is you're going to either want to copy |
| 00:15:31 | 00:15:34 | in the title or the a set of that |
| 00:15:33 | 00:15:36 | product usually the ace |
| 00:15:34 | 00:15:37 | it's gonna be the easiest thing so we'll |
| 00:15:36 | 00:15:39 | just say you've already done some |
| 00:15:37 | 00:15:40 | research you think you found a product |
| 00:15:39 | 00:15:43 | that has some potential for you to enter |
| 00:15:40 | 00:15:45 | that market out there just pull down the |
| 00:15:43 | 00:15:46 | Chrome extension and just find a listing |
| 00:15:45 | 00:15:49 | that you want to do some more research |
| 00:15:46 | 00:15:51 | on so maybe this listing stands out to |
| 00:15:49 | 00:15:53 | you I mean with two reviews it's doing |
| 00:15:51 | 00:15:57 | over 900 sales a month so let's just |
| 00:15:53 | 00:15:58 | click into that product then you can |
| 00:15:57 | 00:16:02 | just kind of scroll down to the |
| 00:15:58 | 00:16:05 | description section find the Aysen copy |
| 00:16:02 | 00:16:06 | the Aysen and then paste it into the |
| 00:16:05 | 00:16:08 | calculator to where it could then look |
| 00:16:06 | 00:16:11 | more into this product so once again |
| 00:16:08 | 00:16:13 | we're using Amazon FBA so we're gonna be |
| 00:16:11 | 00:16:16 | under the Amazon Fulfillment column so |
| 00:16:13 | 00:16:22 | the price for this product was what was |
| 00:16:16 | 00:16:24 | it $14.44 the next category the next box |
| 00:16:22 | 00:16:25 | with the film is the ship to Amazon cost |
| 00:16:24 | 00:16:28 | this is going to be the cost per unit |
| 00:16:25 | 00:16:30 | that it cost you the ship to the Amazon |
| 00:16:28 | 00:16:32 | warehouse or costs for your supplier to |
| 00:16:30 | 00:16:34 | ship to the warehouse so a product like |
| 00:16:32 | 00:16:36 | this it's probably a pretty light point |
| 00:16:34 | 00:16:39 | 70 pounds I'd say it's probably gonna be |
| 00:16:36 | 00:16:41 | maybe 75 cents to ship to the warehouse |
| 00:16:39 | 00:16:43 | I mean that's just somewhat of a rough |
| 00:16:41 | 00:16:46 | estimate and then the cost of the |
| 00:16:43 | 00:16:48 | product so I need go on Alibaba search |
| 00:16:46 | 00:16:50 | the most broad search term for that |
| 00:16:48 | 00:16:53 | product and see what exactly suppliers |
| 00:16:50 | 00:17:00 | are charging for $2 to $5 for a thousand |
| 00:16:53 | 00:17:03 | pieces $3 to $4 for $53 to $5 I mean I'd |
| 00:17:00 | 00:17:05 | say if you bought a hundred pieces of |
| 00:17:03 | 00:17:08 | this product you could probably get it |
| 00:17:05 | 00:17:11 | anywhere from a three to four dollar |
| 00:17:08 | 00:17:14 | price point then maybe add on a dollar a |
| 00:17:11 | 00:17:16 | dollar 50 for shipping siliceous give an |
| 00:17:14 | 00:17:18 | estimate of a $5 cost that including the |
| 00:17:16 | 00:17:23 | cost for the product and the cost to |
| 00:17:18 | 00:17:26 | ship it overseas to $5 so this exact |
| 00:17:23 | 00:17:30 | listing is making three dollars and 30 |
| 00:17:26 | 00:17:32 | cents per unit when selling this product |
| 00:17:30 | 00:17:35 | now according to the jungle Scout Chrome |
| 00:17:32 | 00:17:39 | extension they're selling over 900 in 64 |
| 00:17:35 | 00:17:46 | units a month so let's go ahead put that |
| 00:17:39 | 00:17:48 | in so 960 for units calculate |
| 00:17:46 | 00:17:51 | they're making over what is that nuts |
| 00:17:48 | 00:17:53 | revenue is over 13,000 net profit is |
| 00:17:51 | 00:17:56 | going to be over three thousand and one |
| 00:17:53 | 00:17:58 | hundred and eighty one dollars also when |
| 00:17:56 | 00:17:59 | you're in the calculator you can |
| 00:17:58 | 00:18:01 | actually go through and see what exactly |
| 00:17:59 | 00:18:03 | they're charging for fees so for the |
| 00:18:01 | 00:18:05 | referral fee which is basically what the |
| 00:18:03 | 00:18:07 | fee the seller has to pay each unit they |
| 00:18:05 | 00:18:08 | sell for this individual product they're |
| 00:18:07 | 00:18:11 | paying two dollars and seventeen cents |
| 00:18:08 | 00:18:13 | and then the fulfillment by Amazon fees |
| 00:18:11 | 00:18:15 | they're gonna be charged four cents per |
| 00:18:13 | 00:18:18 | month per unit to store this product as |
| 00:18:15 | 00:18:20 | well as three dollars and 19 cents for |
| 00:18:18 | 00:18:22 | Amazon to go pick pack and ship that |
| 00:18:20 | 00:18:25 | product to the customer each time it |
| 00:18:22 | 00:18:27 | sells so that is the fifth cost so |
| 00:18:25 | 00:18:29 | that's it for this video on how much it |
| 00:18:27 | 00:18:32 | actually costs to sell on Amazon with a |
| 00:18:29 | 00:18:34 | full breakdown of what exactly the |
| 00:18:32 | 00:18:35 | different costs are and if you enjoyed |
| 00:18:34 | 00:18:37 | this video please feel free to comment |
| 00:18:35 | 00:18:39 | below with any questions and/or video |
| 00:18:37 | 00:18:41 | ideas you'd like to see in the future |
| 00:18:39 | 00:18:43 | also don't forget to Like and subscribe |
| 00:18:41 | 00:18:45 | as I'm always giving away different tips |
| 00:18:43 | 00:18:48 | and tricks on how to make money online |
| 00:18:45 | 00:18:50 | and on that note I'll see you guys next |
| 00:18:48 | 00:18:50 | video |
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