How To Make $10,000 During The Holidays Selling On Amazon FBA
Published on: November 30 2022 by Carter Maxwell
How To Make $10,000 During The Holidays Selling On Amazon FBA
Table of Contents
How To Make $10,000 During The Holidays Selling On Amazon FBA
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00:00:00 | 00:00:05 | what's up guys Carter Maxwell here the |
00:00:03 | 00:00:07 | high school hustler and in this video |
00:00:05 | 00:00:09 | I'll be going over how you can make ten |
00:00:07 | 00:00:12 | thousand dollars selling on Amazon FBA |
00:00:09 | 00:00:15 | during the remainder of this queue for |
00:00:12 | 00:00:17 | the remainder of this holiday season now |
00:00:15 | 00:00:19 | before we even get to the video if |
00:00:17 | 00:00:21 | you're interested in creating your own |
00:00:19 | 00:00:23 | online business and making money while |
00:00:21 | 00:00:24 | you sleep and this is the chanter fuse |
00:00:23 | 00:00:27 | so go ahead and hit that subscribe |
00:00:24 | 00:00:29 | button being an online e-commerce seller |
00:00:27 | 00:00:31 | since the age of 13 I've managed to |
00:00:29 | 00:00:33 | learn a lot along the journey and one of |
00:00:31 | 00:00:35 | the most important things I've learned |
00:00:33 | 00:00:38 | is that when it comes to online selling |
00:00:35 | 00:00:40 | the last three months of the year are |
00:00:38 | 00:00:42 | just absolutely insane I mean your sale |
00:00:40 | 00:00:43 | is just absolutely peak and what I've |
00:00:42 | 00:00:46 | come to learn is that most online |
00:00:43 | 00:00:48 | sellers including myself the majority of |
00:00:46 | 00:00:51 | our income comes from last three months |
00:00:48 | 00:00:53 | of the year during q4 basically because |
00:00:51 | 00:00:55 | of the holiday season the peaks in the |
00:00:53 | 00:00:56 | spike in sales so in this video I'll be |
00:00:55 | 00:00:59 | going over some different tips tricks |
00:00:56 | 00:01:01 | and strategies of how you can take your |
00:00:59 | 00:01:03 | business from zero to ten thousand |
00:01:01 | 00:01:05 | dollars by the end of this holiday |
00:01:03 | 00:01:07 | season of 2017 it can be done |
00:01:05 | 00:01:10 | even if you haven't sold on Amazon FBA |
00:01:07 | 00:01:11 | yet I'll be showing you exactly how and |
00:01:10 | 00:01:13 | later on in this video I'll be going |
00:01:11 | 00:01:15 | over them on my computer and show you |
00:01:13 | 00:01:17 | some live examples of products that you |
00:01:15 | 00:01:20 | might be sourcing before you can even |
00:01:17 | 00:01:22 | start selling on the Amazon platform you |
00:01:20 | 00:01:24 | obviously need to have an Amazon seller |
00:01:22 | 00:01:26 | account which is fairly easy to set up |
00:01:24 | 00:01:28 | just choose your settle plan you can |
00:01:26 | 00:01:30 | either choose the free version which is |
00:01:28 | 00:01:32 | just gonna charge you a 99-cent fee per |
00:01:30 | 00:01:34 | item or you can go ahead and do the |
00:01:32 | 00:01:36 | professional solid plan with just $40 |
00:01:34 | 00:01:38 | per month and there's no fee based item |
00:01:36 | 00:01:40 | for each product or unit that you sell |
00:01:38 | 00:01:42 | now that you have your Amazon seller |
00:01:40 | 00:01:44 | profile set up it's all about finding |
00:01:42 | 00:01:47 | products finding them fast and getting |
00:01:44 | 00:01:48 | them sold and the best business model in |
00:01:47 | 00:01:51 | my personal opinion is start making |
00:01:48 | 00:01:53 | money today is gonna be Ritu arbitrage |
00:01:51 | 00:01:55 | and within this retail arbitrage |
00:01:53 | 00:01:57 | business model you're gonna be sourcing |
00:01:55 | 00:02:00 | from big-box stores like a Walmart |
00:01:57 | 00:02:02 | Target a Toys R Us a CVS all those |
00:02:00 | 00:02:04 | stores along those lines you'll be |
00:02:02 | 00:02:06 | sourcing products like toys video games |
00:02:04 | 00:02:08 | items thinking to be able to buy for |
00:02:06 | 00:02:10 | obviously a lower price with the |
00:02:08 | 00:02:12 | intention to sell it back on Amazon for |
00:02:10 | 00:02:13 | a higher price depending on when this |
00:02:12 | 00:02:15 | video is uploaded |
00:02:13 | 00:02:17 | when you are watching it make sure you |
00:02:15 | 00:02:19 | check the link in the description there |
00:02:17 | 00:02:21 | should be a video to my Black Friday |
00:02:19 | 00:02:23 | vlog of me going out with a couple of my |
00:02:21 | 00:02:24 | friends and finding some oddness live |
00:02:23 | 00:02:27 | showing you what exactly we did to find |
00:02:24 | 00:02:28 | these items at a discounted price with |
00:02:27 | 00:02:30 | the intention to them resell them back |
00:02:28 | 00:02:32 | on Amazon and we can also show you how |
00:02:30 | 00:02:34 | crazy roses all the people in the line |
00:02:32 | 00:02:35 | so make sure you guys check that out it |
00:02:34 | 00:02:37 | should be in the description so just |
00:02:35 | 00:02:39 | like I mentioned earlier in the video |
00:02:37 | 00:02:41 | with the retail arbitrage business model |
00:02:39 | 00:02:44 | you're gonna be sourcing physical |
00:02:41 | 00:02:46 | products like toys video games things |
00:02:44 | 00:02:47 | along those lines from the big-box |
00:02:46 | 00:02:50 | stores like the Walmart's the targets |
00:02:47 | 00:02:52 | and Toys R Us is now most newbie sellers |
00:02:50 | 00:02:54 | think that you can only find good deals |
00:02:52 | 00:02:55 | on Black Friday or the days following |
00:02:54 | 00:02:59 | Black Friday |
00:02:55 | 00:03:00 | that's 100% not true you can find nails |
00:02:59 | 00:03:02 | throughout the whole winter season |
00:03:00 | 00:03:04 | throughout the whole holiday season |
00:03:02 | 00:03:06 | finding deals a different stores |
00:03:04 | 00:03:07 | different discounted prices they're out |
00:03:06 | 00:03:09 | there you just have to go out there and |
00:03:07 | 00:03:11 | scan in the masses you have to go scan |
00:03:09 | 00:03:13 | scan scan every item that you can and |
00:03:11 | 00:03:14 | tell you find that profitable item and |
00:03:13 | 00:03:16 | the cool thing about this model is let's |
00:03:14 | 00:03:18 | just say you go to a Target and you find |
00:03:16 | 00:03:20 | this toy that you can make a $5 profit |
00:03:18 | 00:03:23 | on so they have ten of them at that |
00:03:20 | 00:03:24 | target you buy all if it made $50 but |
00:03:23 | 00:03:27 | what happens if you go to every target |
00:03:24 | 00:03:30 | within a 20 mile radius and you pick up |
00:03:27 | 00:03:32 | that same item and there's $50 or $100 |
00:03:30 | 00:03:35 | or $150 profit every store we can just |
00:03:32 | 00:03:36 | clear out all those stores if every one |
00:03:35 | 00:03:37 | of those products are gonna so it's |
00:03:36 | 00:03:39 | gonna be a quick sale it's gonna be a |
00:03:37 | 00:03:41 | guaranteed sale and so if you go pick up |
00:03:39 | 00:03:43 | 40 or 50 products in your area and |
00:03:41 | 00:03:45 | you're gonna make a $5 $10 off from that |
00:03:43 | 00:03:47 | product boom you're off to the next one |
00:03:45 | 00:03:49 | you find one another one I don't Walmart |
00:03:47 | 00:03:50 | and that products gonna make you $10 |
00:03:49 | 00:03:52 | profit you clear the shelves that that |
00:03:50 | 00:03:53 | one where you go to the next one if they |
00:03:52 | 00:03:55 | don't have it go to the next one you |
00:03:53 | 00:03:56 | call the other Walmart's and you want to |
00:03:55 | 00:03:59 | try to get as many others like high |
00:03:56 | 00:04:01 | selling quick selling fast profitable |
00:03:59 | 00:04:03 | products that you can now guys remember |
00:04:01 | 00:04:06 | all that you need is obviously your |
00:04:03 | 00:04:07 | amazon seller account the Amazon seller |
00:04:06 | 00:04:10 | app which is free on your phone in |
00:04:07 | 00:04:11 | within the Amazon seller up you also |
00:04:10 | 00:04:13 | have a scan feature that you can |
00:04:11 | 00:04:15 | actually scan the barcode or scan the |
00:04:13 | 00:04:17 | front face of that product and it'll |
00:04:15 | 00:04:18 | pull down a whole database the sales |
00:04:17 | 00:04:21 | rank which the sales rank you mean |
00:04:18 | 00:04:23 | you're gonna be able to see how well and |
00:04:21 | 00:04:24 | how often that product sells and also |
00:04:23 | 00:04:25 | the price range is depending on if |
00:04:24 | 00:04:27 | you're wanting to sell through FBA |
00:04:25 | 00:04:27 | fulfilled by Amazon |
00:04:27 | 00:04:29 | to where |
00:04:27 | 00:04:30 | you send your product to the Amazon |
00:04:29 | 00:04:33 | warehouse where it's stored until it |
00:04:30 | 00:04:34 | sells and once it sells Amazon will then |
00:04:33 | 00:04:36 | ship it to the customer or you can |
00:04:34 | 00:04:37 | merchan fulfill it which I will be doing |
00:04:36 | 00:04:40 | with most of the products that I'm |
00:04:37 | 00:04:42 | buying this q4 just because my margins |
00:04:40 | 00:04:44 | will be increased the only thing I don't |
00:04:42 | 00:04:46 | like about it is I mean I had to ship it |
00:04:44 | 00:04:48 | to the customer but if I can get sales |
00:04:46 | 00:04:50 | overnight it's not really gonna matter |
00:04:48 | 00:04:51 | too much especially I don't really want |
00:04:50 | 00:04:53 | to weight this shipping time with FBA |
00:04:51 | 00:04:55 | especially with everyone saying in their |
00:04:53 | 00:04:56 | inventory right now for Christmas |
00:04:55 | 00:04:58 | I just prefer March for the fill but |
00:04:56 | 00:05:00 | it's all up to you so let's hop up my |
00:04:58 | 00:05:01 | computer real quick and let's go through |
00:05:00 | 00:05:03 | quick a little rundown of what exactly |
00:05:01 | 00:05:05 | you might want to look for in the |
00:05:03 | 00:05:08 | strategy you can implement to reach that |
00:05:05 | 00:05:10 | $10,000 and beyond this holiday season |
00:05:08 | 00:05:11 | selling on Amazon FBA so now the world |
00:05:10 | 00:05:13 | my computer I'm gonna go through a few |
00:05:11 | 00:05:16 | different things first off there's just |
00:05:13 | 00:05:18 | a couple of different deal sites coupons |
00:05:16 | 00:05:19 | discounts that you can find um for |
00:05:18 | 00:05:21 | instance I'm on the target website right |
00:05:19 | 00:05:24 | now you can see they're running some |
00:05:21 | 00:05:27 | certain discounts like four cars three |
00:05:24 | 00:05:29 | buy one get one 50% off all Hot Wheel |
00:05:27 | 00:05:32 | toys buy on get one 50% off |
00:05:29 | 00:05:34 | leapfrog Vtik some of these really big |
00:05:32 | 00:05:36 | brands and it's definitely something to |
00:05:34 | 00:05:39 | look for there's also different sites as |
00:05:36 | 00:05:41 | well like slick deals are there's some |
00:05:39 | 00:05:44 | really nice coupons as well 70% off |
00:05:41 | 00:05:46 | clearance sale that's a little sub |
00:05:44 | 00:05:47 | description of what exactly it works for |
00:05:46 | 00:05:49 | but these are definitely some sites |
00:05:47 | 00:05:50 | where you can go to find some of the |
00:05:49 | 00:05:53 | deals that aren't really advertised |
00:05:50 | 00:05:54 | publicly like in the store anything like |
00:05:53 | 00:05:57 | that and take advantage of these |
00:05:54 | 00:05:58 | discounts and save some money now guys |
00:05:57 | 00:06:01 | something that a lot of people have been |
00:05:58 | 00:06:04 | asking me about is comparing selling on |
00:06:01 | 00:06:06 | the Amazon FBA platform comparing to |
00:06:04 | 00:06:08 | merchants fulfilling your orders now the |
00:06:06 | 00:06:10 | reason that I'm going over this is |
00:06:08 | 00:06:12 | because during the holiday season there |
00:06:10 | 00:06:14 | are some times where your inventory |
00:06:12 | 00:06:16 | might take a week or two weeks to even |
00:06:14 | 00:06:18 | scan into the Amazon warehouse that |
00:06:16 | 00:06:21 | being is just that every seller out |
00:06:18 | 00:06:24 | there is just sending in tons and tons |
00:06:21 | 00:06:27 | of items trying to restok trying to put |
00:06:24 | 00:06:29 | their odds back for sale on Amazon and |
00:06:27 | 00:06:31 | sometimes during the holiday season it's |
00:06:29 | 00:06:33 | gonna take a long time for Amazon to be |
00:06:31 | 00:06:36 | able to fulfill all of those shipments |
00:06:33 | 00:06:38 | that's when MFN merchant fulfilled is |
00:06:36 | 00:06:40 | going to come into play so when you |
00:06:38 | 00:06:41 | compare FBA compared to merchants |
00:06:40 | 00:06:43 | fulfilling I kind of |
00:06:41 | 00:06:45 | earlier in the video basically when you |
00:06:43 | 00:06:48 | merge to fulfill an order you're still |
00:06:45 | 00:06:50 | gonna be selling on Amazon com but it's |
00:06:48 | 00:06:51 | not gonna be eligible for Prime 2-day |
00:06:50 | 00:06:54 | shipping to those prime customers and |
00:06:51 | 00:06:57 | when someone purchases that product off |
00:06:54 | 00:06:58 | of Amazon you have to take that product |
00:06:57 | 00:07:01 | wherever you're storing it and ship it |
00:06:58 | 00:07:03 | to the customer so it really comes into |
00:07:01 | 00:07:06 | play with like how easy that item is to |
00:07:03 | 00:07:07 | ship and also the margins but also when |
00:07:06 | 00:07:09 | you're fulfilling the item compared to |
00:07:07 | 00:07:12 | Amazon fulfilling it you're gonna make a |
00:07:09 | 00:07:14 | lot more because if you have like a same |
00:07:12 | 00:07:17 | price opponents say like $14.99 FBA and |
00:07:14 | 00:07:18 | $14.99 much of a filled you're probably |
00:07:17 | 00:07:20 | gonna make an extra three or four |
00:07:18 | 00:07:21 | dollars just because you were having to |
00:07:20 | 00:07:24 | do the fulfillment yourself because |
00:07:21 | 00:07:26 | you're cutting out Amazon now if FBA you |
00:07:24 | 00:07:28 | do have the luxury of making a giant |
00:07:26 | 00:07:30 | shipment sending all your stuff up and |
00:07:28 | 00:07:32 | you never have to see it again until it |
00:07:30 | 00:07:34 | sells and once it sells Amazon's just |
00:07:32 | 00:07:36 | going to ship it to the customer free |
00:07:34 | 00:07:38 | two-day shipping for you now sometimes |
00:07:36 | 00:07:39 | you don't have that luxury especially if |
00:07:38 | 00:07:41 | you're buying items on Black Friday |
00:07:39 | 00:07:43 | anyone sell as quick as possible but |
00:07:41 | 00:07:45 | we'll put that back on Amazon and sell |
00:07:43 | 00:07:47 | it overnight and just ship it to the |
00:07:45 | 00:07:49 | customer um I did that same thing with |
00:07:47 | 00:07:51 | video games last year and I did pretty |
00:07:49 | 00:07:54 | well I literally Black Friday I think |
00:07:51 | 00:07:55 | about like 30 or 35 video games I mean |
00:07:54 | 00:07:58 | they're fairly easy they're like eight |
00:07:55 | 00:08:00 | inches by 6 inches fit I mean like a |
00:07:58 | 00:08:02 | small bubble mailer and every time I saw |
00:08:00 | 00:08:03 | one just ship it to the customer and I |
00:08:02 | 00:08:06 | make a little bit more than I would |
00:08:03 | 00:08:08 | selling them on Amazon FBA now depending |
00:08:06 | 00:08:10 | on the time of year if it's coming |
00:08:08 | 00:08:11 | towards Christmases and stuff sometimes |
00:08:10 | 00:08:14 | the sales will increase sometimes they |
00:08:11 | 00:08:16 | won't but it all kind of depends on |
00:08:14 | 00:08:18 | which way you want to fulfill your item |
00:08:16 | 00:08:20 | and honestly that's all up to you I know |
00:08:18 | 00:08:22 | a lot of people that just they only |
00:08:20 | 00:08:23 | merchants fulfill during the last like |
00:08:22 | 00:08:25 | two months of the year and I know you |
00:08:23 | 00:08:26 | can make a killing during it and |
00:08:25 | 00:08:28 | especially if you want to take advantage |
00:08:26 | 00:08:30 | of selling your items quick before |
00:08:28 | 00:08:32 | everyone gets this one item and within |
00:08:30 | 00:08:33 | two weeks the price is just gonna tank |
00:08:32 | 00:08:35 | on FBA you don't have to worry about |
00:08:33 | 00:08:37 | that you can just sell it list it's |
00:08:35 | 00:08:38 | right on Amazon that day that you get it |
00:08:37 | 00:08:40 | and if it sells overnight you just ship |
00:08:38 | 00:08:42 | it the next day and you're good to go |
00:08:40 | 00:08:44 | now that you have a better understanding |
00:08:42 | 00:08:47 | of what exactly reach arbitrage is and |
00:08:44 | 00:08:49 | what exactly FBA verse merchants field |
00:08:47 | 00:08:51 | is it's all about building a game |
00:08:49 | 00:08:53 | playing and kind of building a strategy |
00:08:51 | 00:08:54 | just to be able to be more efficient in |
00:08:53 | 00:08:57 | make |
00:08:54 | 00:08:59 | most of your time so the number one |
00:08:57 | 00:09:01 | thing that I recommend is kind of making |
00:08:59 | 00:09:03 | like a deals list if you find a product |
00:09:01 | 00:09:06 | at this Walmart and able to make $10 |
00:09:03 | 00:09:07 | profit on it there's probably there's a |
00:09:06 | 00:09:09 | pretty high chance it's gonna be at |
00:09:07 | 00:09:11 | other Walmart's in your area as well so |
00:09:09 | 00:09:12 | if you can add that to your hot products |
00:09:11 | 00:09:14 | list when you go to these different |
00:09:12 | 00:09:16 | stories you already have a list which is |
00:09:14 | 00:09:17 | gonna save you a lot of time so you |
00:09:16 | 00:09:19 | already know what you're looking for |
00:09:17 | 00:09:21 | which is just gonna make everything ten |
00:09:19 | 00:09:23 | thousand times easier and more efficient |
00:09:21 | 00:09:25 | and then after that it's just about |
00:09:23 | 00:09:26 | scanning scanning scanning just going to |
00:09:25 | 00:09:28 | the different ions would you found an |
00:09:26 | 00:09:31 | item add it to your hot product list and |
00:09:28 | 00:09:33 | just keep going and keep purchasing a |
00:09:31 | 00:09:35 | new inventory and getting it listed |
00:09:33 | 00:09:36 | quickly if you want to sell to FBA make |
00:09:35 | 00:09:38 | sure when you're purchasing your |
00:09:36 | 00:09:39 | inventory you're sending it out that day |
00:09:38 | 00:09:41 | the next day you want to send it out as |
00:09:39 | 00:09:43 | quick as possible so you can get it to |
00:09:41 | 00:09:45 | the Amazon warehouse and get it sold or |
00:09:43 | 00:09:46 | if you're just merged fulfilling it |
00:09:45 | 00:09:48 | listed that same night update your |
00:09:46 | 00:09:48 | quantity if you get one if you just gone |
00:09:48 | 00:09:50 | at the store |
00:09:48 | 00:09:52 | and the biggest thing is once you have |
00:09:50 | 00:09:54 | your hot product list and you already |
00:09:52 | 00:09:56 | know what you're looking for once you go |
00:09:54 | 00:09:57 | from a store you can just clear out the |
00:09:56 | 00:09:59 | shelves for that product and then just |
00:09:57 | 00:10:01 | go to all the stores everywhere else |
00:09:59 | 00:10:03 | around your area and purchase in bulk |
00:10:01 | 00:10:05 | that same ID and that's gonna be a quick |
00:10:03 | 00:10:07 | sale and it's gonna be profitable as |
00:10:05 | 00:10:09 | well guys that was just a quick rundown |
00:10:07 | 00:10:12 | of how you can take your amazon seller |
00:10:09 | 00:10:14 | account from 0 to 10,000 by the end of |
00:10:12 | 00:10:16 | this year the end of this holiday season |
00:10:14 | 00:10:19 | selling on Amazon FBA and guys if you're |
00:10:16 | 00:10:22 | interested on how I make up the $25,000 |
00:10:19 | 00:10:23 | months selling private label products on |
00:10:22 | 00:10:25 | Amazon make sure you check out the first |
00:10:23 | 00:10:28 | link in the description anyways guys |
00:10:25 | 00:10:30 | that's it for this video if you enjoyed |
00:10:28 | 00:10:31 | please feel free to comment loath any |
00:10:30 | 00:10:34 | questions and/or video ideas you would |
00:10:31 | 00:10:35 | like to see in the future also don't |
00:10:34 | 00:10:37 | forget to like and subscribe as I'm |
00:10:35 | 00:10:39 | always giving away different tips and |
00:10:37 | 00:10:43 | tricks on how to make money online now |
00:10:39 | 00:10:43 | and on it I'll see you guys next video |
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