My First Year Selling On Amazon FBA – The Honest Results

This is an HONEST and PERSONAL video sharing the Truth about AMAZON FBA! We share everything including costs to sell on amazon, amazon fba fees, and all our mistakes!

This is an HONEST and PERSONAL video sharing the Truth about AMAZON FBA! We share everything including costs to sell on amazon, amazon fba fees, and all our mistakes!

How to Sell on Amazon:

I Quit My 9-5 Job For Amazon

In the video, Ariana and I will share with you a review of Ariana’s 1st year of selling on Amazon. We will try to be completely transparent and honest as much as possible about everything

Ariana’s Numbers
Revenue: $24,849
Cost of the Product: $5,808
Amazon Pick-and-pack fee: $5,343
Amazon Fee 15%: $3,727
Other Random Fees: $1,419
Amazon PPC: $2,221
Profit: $6,331

Biggest Mistakes
Ordering Too Much
Our first mistake was ordering too many units of the product. We ordered 2,000 units. The reason we did that is that once you ordered more units, the cost of the individual product goes down. However, one of the downsides is that there were some mistakes on the cards and we are stuck on selling those. One of the lessons here is that there are going to be mistakes in your product, but it’s not the end of the world. People are still going to buy it.

Expensive to Start
The process was a lot more expensive than we thought it would be. Shipping costs are major. Air shipping vs sea shipping makes a huge difference. If you are in a rush, air shipping is the best solution but it will have a greater cost. Sea shipping takes up to 6 weeks, but it is cheaper. If you have the time, do sea shipping.

Unrealistic Expectations
The biggest mistake that I made is putting too much pressure on Ariana. I was expecting her to be making 6-figures as I did. However, it is different (more…)

10 Amazon FBA Lessons – My First Year Selling on Amazon

Avoid these Amazon FBA mistakes! Ariana and I share her top 10 lessons learned from her first year selling on Amazon FBA!

In this video, Ariana and I will share with you the 10 crucial things that we’ve learned about selling on Amazon. We want to share them with you so you will not make the same mistakes.

It’s Expensive to Start
It could be expensive to start on Amazon especially if you do it wrong. Depending on your product, it could cost up to $10,000 to start a product. One of the ways you can medicate this is to start a Kickstarter.

Different Business Models
There are multiple ways to sell on Amazon. There are four main business models and each one has a different start-up process. There is Retail Arbitrage, Wholesale, Private Label, and Creating your Own Product. The good thing with Creating your Own Product is you can do a Kickstarter. It helps you raise a lot of money especially if you do it right and it does not cost any money.

Don’t Go Out of Stock!
It’s so important to keep track of how much you’re selling per day on Amazon. Be mindful that if you’re going to be running out of inventory.in a month, you can start sending in some inventory and get that number up. You need to do inventory planning and figure out exactly how much you have in your warehouse or storage. Make sure you order ahead of time.

Amazon Fees
Amazon takes a huge chunk of your sales. They take about 33% of your sales. One of them is a 15% Flat Rate whether you’re using FBA or FBM. There is also another fee if you do Amazon FBA, depending on the weight of your product.

Mastermind
There are going to be complications in selling on Amazon that’s why it’s (more…)

Why I Quit Working On Amazon FBA

This is the most important video I have ever made on Amazon FBA! In it, I talk about why I quit Amazon FBA but there is a very positive & important message in this video.

In this video, I will share with you the reasons why I’m quitting Amazon, despite earning $794,561.47 in revenue with just Performance Nut Butter.

My Income Report
Revenue: $32,370.43
Product Cost: $7,693.92
Amazon Pick-and-pack Fee: $4,623.39
Amazon Fees: $4,322.84
Other Amazon Random Fees: $269.91
Amazon PPC: $2,691.75
Other Fees: $900.00
Profit: $11,868.59

I know it doesn’t sound bad, but the thing is I’ve only really worked on Amazon once for the last few months. It seems that it doesn’t matter if I work a lot or I barely work at all. My Amazon sales stay the same.

The Mistake
I’ve been having a lot of issues with Amazon, including one that cost me $10,000. What happened was I sent two pallets of Performance Nut Butter to Amazon. However, they claimed that they only received one of the pallets. I contacted Amazon about this, but they want a copy of the Bill of Lading. It’s somewhere, but I forgot where I put it. This issue has already happened to a lot of people. What I recommend doing is you keep your Bill of Lading, keep your weights, take a picture/video of the actual pickup of the product by the Amazon truck.

The New Opportunity
The main reason why I’m quitting is that I got burnt out of Amazon. What I found in my life is whenever I have a new opportunity or when I find something new that I’m excited about, I’m at a 100% energy. Over time, my energy kind of dips. I run out of ideas and new excitement for the project. When you find yourself in this situation, sometimes it’s better to find a new project that (more…)