Wacosys

Understand how NOT to fail at Amazon Wholesale
Amazon FBA sellers;
There are thousands and thousands of Amazon FBA sellers joining the FBA platform each and every day. Well, there are also thousands and thousands of amazon fba sellers failing and quitting each and every day. Now This is for a ton of different reasons but I will break down
3 of the biggest mistakes new amazon fba sellers make.
Reason number one - is they do not know their numbers. Now, this is common for a new seller to join the platform and be so eager to get started that they overlook one of the biggest components of the business which is the numbers. If you don’t know your profits every month, your return rate, your losses, then you’re already destined to fail. You need to know your business inside and out if you’re planning on sticking around for the long tug. If you’re just here to make a dollar here and there, that’s all you’ll ever make, is a dollar here and there. So treat this like the business it is and track your numbers.
Another extreme case of this is a new seller not realizing there are amazon fees such as fulfillment fees and referral fees. With all of the information on youtube about amazon fees, this should never happen, but sadly it does. So know your numbers from the start, you can get information on this within your seller central account.
Remember treat this as a business because that’s what it is, not a hobby.
Reason number two – They do not re-invest back into the business. This is crucial, especially in the beginning and if you’re starting with a smaller amount of capital. If you are constantly taking money out of the business then how is it going to grow? If you’re taking your profits out each and every month then you’re business literally has nowhere to go, it will stay exactly the same assuming you have replenishable products and you aren’t pulling more money out than just your profits. You need to re-invest your profits in order to grow the business and then down the road when you are making a good amount of money, start pulling it out if you need to. But not re-investing at all is setting up your business to fail.
So re-invest as much as you can so that you can grow this business to 6 or 7 figures as fast as possible.
Reason Number Three – I think this is the killer of dreams right here. False expectations. Everyone that starts wholesale and thinks well I’m going to contact five suppliers and get too many profitable products to count, is sadly mistaken. If you’re joining amazon fba and think that you’ll make money by not investing time and effort then you’re in for a rude awaking. The only place where you can get rich overnight is, but this is what a lot of people think. They think they are going to sign up for a seller central account and boom, money is going to start pouring down from the heavens, and it leads to a lot of people quitting because they wanted it to be easy.
Wholesale is a very simple business model, you buy things for less and sell them for more, but simplicity doesn’t mean easy. I wouldn’t say it’s hard, but it does take time, effort, and consistency to make it work. Anyone who’s actively doing wholesale will tell you the same thing. Just make sure you put in consistent effort every single day and you have nothing to worry about.

Good Luck to new Sellers 🙂

WHAT IS AMAZON DROPSHIPPNG POLICY?
Drop Shipping Policy
Drop shipping, or allowing a third-party to fulfill orders to customers on your behalf, is not acceptable unless it is clear to the customer that you are the seller of record. The following examples of drop shipping are policy violations that may result in a restriction of your ability to sell using Amazon’s Merchant Fulfilled Network (MFN):
Purchasing products from another online retailer and having that retailer ship directly to customers, if the shipment does not identify you as the seller of record or if anyone other than you (including the other online retailer) appears on packing slips, invoices, or external packaging, it is strictly prohibited without exception; or
Shipping orders with packing slips, invoices, external packaging, or other information indicating a seller name or contact information other than your own is also strictly prohibited.
Any time a customer sees packaging, invoices, or receipts identifying a seller that is not either you or Amazon it creates confusion for the customer about how their order is being fulfilled and whom they should contact with any problems or questions.
If you intend to fulfill orders using a drop shipper, you must always:
Have an agreement with your supplier that they will identify you (and no one else) As a seller of your products on all packing slips, invoices, external packaging, and other information included or provided in connection with the products;
Remove any packing slips, invoices, external packaging, or other information identifying a third-party drop shipper prior to shipping the order;
Be responsible for accepting and processing customer returns of your products; and
Comply with all other terms of your seller agreement and applicable Amazon policies.

Budget Breakdown FBA Wholesale USA

Many people get confused on hearing different figures for Fba Wholesale Budget Breakdown. So, here it is in a simplified manner.

1) Account Creation: $800 - this includes
a) LLC Registration
b) EIN Number
c) Reseller Certificate
d) Bank Account (Virtual or Physical Bank)
e) Phone number
f) Physical address

2) Website Creation - $120

3) Amazon Professional Account Signup - $40

4) Finding Profitable Products from Brands or Distributors and getting approvals - Assume you find out 4 profitable products. Suppose their price each is $13. And you order 20 units each for testing purpose. So, $13*20*4=$1040

5) You figured out 2 products are performing well - Two of them are not worth the investment. So you order 200 units of 3 products. So $13*200*2=$5200

6) Generating FNSKU labels and Shipment - If supplier or brand agrees for generating FNSKU labels, go for it. If they denies, then hire a prep service. Suppose they charge $0.6 per product. So, $0.6*20*4=$48 ; $0.6*200*2=$240. This is an optional expense, it varies.

𝐒𝐨, 𝐥𝐞𝐭𝐬 𝐜𝐚𝐥𝐜𝐮𝐥𝐚𝐭𝐞 𝐭𝐡𝐞 𝐭𝐨𝐭𝐚𝐥 𝐞𝐱𝐩𝐞𝐧𝐬𝐞 𝐧𝐨𝐰. 800+120+40+1040+5200+48+240=$7488.
Note: VA salary not included in this.

Getting your inventory live - once you get buy box rotation, you will get sales. Buy box rotation has its own strategies. 10-15% margin is expected in most cases. It can go further up if MOQ and relations are better. So expect $600 in the first month, yes first month when your inventory goes live.

This is why Fba wholesale is the most safest model. Once done with the right strategies, you will see the results.

If you have any questions, feel free to ask.
Our Whatsapp number +1 (825) 735-8660

IN-DEPTH AMAZON PRIVATE LABEL LAUNCH STEPS & TIMELINES !!
LAUNCH STEPS
1. ID CREATION
LLC
Address Virtual/Physical (if non-resident)
EIN Number
Fintech Bank Account
2. PRODUCT HUNTING
Keyword Research
Competitive Analysis
Reviews Analysis
Pricing & Variation Breakdown
Sales & Cashflow Forecast (Feasibility)
Patent Check
3. PRODUCT SOURCING & DEVELOPMENT
RFQ Template
Supplier Identify & Negotiation
Product Sampling (1-2 main competitors, 2-5 suppliers)
Sample Analysis
Dummy Listing
Check Certifications (by amazon)
Order Placement with 30% Upfront (proforma invoice)
Brand Name Research
Logo & Product Package Designing
4. LOGISTICS & PRE-LAUNCH ESSENTIALS
Freight Forwarder Identify & Negotiation (Alibaba & recommended by others)
Inventory Inspection (during and after completion)
Product Photography / 3D Modeling
Labeling
Amazon Shipping Plan
Product Shipping (3PL & Amazon FBA Warehouse)
Copy Writing
Listing Optimization
Trademark (IP accelerator)
Brand Registry (Amazon)
EBC Content
5. PRODUCT LAUNCHING AND RANKING
PPC Setup & Optimization
Vine Reviews
VVRO’s
Influencer Marketing
Reporting/Tools Setup
6. BRAND BUILDING
Website
Facebook
Instagram
Affiliate Marketing
Shopify
Walmart
eBay
Pinterest
TIMELINES
Id Creation: 30 Days
Product Research: 30-45 Days
Product Sourcing & Sampling: 30-45 Days
Production: 7-30 Days
Shipping By Fast Sea: 22-25 Days
Shipping By Normal Sea: 35-40 Days
Shipping By Air: 7-10 Days
Launch & Rank: 25-40
PL BUDGETING
For more info visit our website.
wacosys.com
our whatsapp:+1 (825) 735-8660

FBA Wholesale.
The post about Smartscout (products hunting tool).
Before really even getting started let me give a short overview of tool.
It's a useful software in researching data and saving time and your secret weapons to finding substantial margins and scaling your business.
Features of Smartscout:
Categories
Subcategories
Brands
Products
Traffic Flow
Traffic Graph
Sellers
Seller Map
UPC Scanner
FBA Calculator
Education
We will discuss only 2 features.
1. By brands.
2. Seller map.
1. By Brands
The smart way to filter out brand's products in short time:
There is an option of brands on your left side of dashboard, if you select that there will show up a filters screen.
Here you customise your criteria to finding brands according to your requirements.
For example: Specific criteria, Amazon in stock or not? , Ratings etc..
After that some filtered brands will show on your screen. Now you have more options to filter out products of specific brands. Those'll be show in your right side on your screen.
When you will set your filters according to criteria smartscout will show you number of products which you actually needs.
With in few minutes you can filter out number of brands.
2. Seller map🗾
This software is working in number of market places like USA🇱🇷,UK🇬🇧, Canada🇨🇦, Germany🇧🇪...
First of all you have to choose your targeted market place.
Smartscout will show map of sellers whose selling from different states and city.
Here you have new way of sniping.
You just click on seller from any state, SS will show his complete data on your screen,
like
sellers monthly revenue?
In-stock percentage of Amazon?
How many brands they sale?
How much monthly revenue is generating from every product? and many more...
Now you have to filter out products as well and go for brands approval or for banana 🍌.
I hope this short overview will help you.
For more info visit our website.
Wacosys.com