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Knowledgebase : Azon Gold Rush
I think what you did, probably unintentionally, is to apply for an AMAZON BUSINESS account, which you do not need. You only need an AMAZON PROFESSIONAL SELLERS account. Take a look at all the information here: https://www.amazon.com/gp/help/customer/display.html?nodeId=200306550 [1] Or go directly here to sign up as a professional seller: http://www.amazon.com/b?ie=UTF8&node=13605942011 [2] Links: ------ [1] https://www.amazon.com/gp/help/customer/display.html?nodeId=200306550 [2] http://www.amazon.com/b?ie=UTF8&node=13605942011
You can use the regular Amazon mobile app. The same one you can download on your phone to buy things directly from Amazon. Then when you open it = you hit the camera near the search bar in the upper right hand corner to scan things. I've attached another shot of this for you to refer to. When you hit the camera and hover over a UPC, it will bring up a price and all the related listings on Amazon. It will not figure out the net cost, like profit bandit does. For that you could manually use the FBA calculator Amazon provides. https://sellercentral.amazon.com/hz/fba/profitabilitycalculator/index?lang=en_US [1] SOMETIMES YOU DON'T EVEN NEED A UPC, IT MAY JUST RECOGNIZE A PRODUCT STRAIGHT AWAY! You can type the name of the product in the search bar of amazon or the profit bandit app and it will return all relevant results that are listed on Amazon. Also, did you know that if you use the Amazon mobile app (I've attached a picture for your reference) that you can hit the camera in the right...
You want to do research on products that you decide to put in your Amazon store. One of the most powerful ways of doing this is scanning products in the real world that you think would do well. Just about every product sold commercially comes with a UPC code (bar code) that you can scan to look up online. With a smartphone you can download apps that connect directly to your Amazon seller's account, giving you both research intelligence on the item, and the ability to list that item on your store after scanning it. My must have tools (which are all free) are: a) Amazon Seller App(iOS [1]/Android [2]) b) Camelcamelcamel.com [3] c) Ebay completed listings [4] (for research for items that are not yet on Amazon) d) Amazon FBA calculator [5] (to calculate your profits) You must have a professional account to use this app to use seller apps. Tammy's preferred, premium app is called "Profit Bandit" that has a free and paid version (free version only allows 3 scans per day). * Down...
WHAT PARAMETERS TO LOOK FOR WHEN ASSESSING A PRODUCT MARKET? WHAT REVENUE TARGET SHOULD WE SEEK IN A PL PRODUCT THAT WE FIND ON BIG RED GOLD? I also use both Unicorn Smasher and Jungle Scout chrome extensions to get a quick visual on the market size. I like to see a good $40K in sales monthly to really make it worthwhile.What revenue target should we seek in a PL product that we find on Big Red Gold?
How to use Big Red? I am happy to lay it out for you in a nutshell here: When you type a keyword into Big Red it will populate with all the related keywords that consumers are searching for. You download, and choose the relevant ones and build these keywords into your title, bullet points, description and back end keyword search term fields. Gold products highlight what could definitely be a good market. There's proven demand because it's in the top 5%. Amazon is not selling it and there are few to no FBA sellers so the competition is not too steep. That all makes for a very good market. I would glance at CamelCamelCamel.com to make sure it's not on the down trend in price or rank over time. So then you'd find a manufacturer, or supplier that can help you obtain and private label that product. Discuss any modifications that make yours different or better (could be as simple as color) and voila!
In this article, I'd like to explain to you how Big Red really works, what it's meant to tell you, and how to make meaning of its results: Big Red shows you the top results suggested by the predictive analytics engine on Amazon, or in other words, it tells you what Amazon would suggest, what is most clicked, for the search term you've entered. It first produces related search terms based on what you've typed and what is most searched within Amazon. Then within each of those search results, Big Red applies an algorithm with a combination of factors. Everything that it brings up is in the top 5% BSR (best-selling rank), and it shows that there are opportunities within the product because of one of three things. 1. More relevant results of things NOT sold by Amazon. 2. With FBA (fulfilled by Amazon) as an option 3. Reviews It then combines this info within the algorithm and brings you "gold" suggestions. Based on key criteria from within the algorithm, which we are not at liberty to disclose, and for...
Generally if you are selling on Amazon, even if it's just reselling products from other people, you need to handle the customer service to a point. Usually, the people buying the products are buying them from your store, and it does not matter that the product sourcing or fulfilment is done by someone else. Ultimately these customers are your gold! Their level of happiness for their buying experience from your store has a direct impact on the likelihood of them buying from you again. There's a thing we say that a customer is worth 10x more than a lead. Why? Because someone who has opened their wallet once with you is 10x more likely to do so again, provided you gave them a good customer experience. Now, if you are just sending traffic to another person's store and earning a % for every purchase, that's a different story: then you have no responsibility for the customer. [MORE TO COME ...]
There are a few different paths for Amazon sellers, and whether you need to layout money up front for products depends on which path you choose. RETAIL (ARBITRAGE) - buy low and sell high by finding items in other stores that are likely to sell on yours → this helps you understand categories and best-seller ranks (gives you a great introduction to what sells on Amazon). BUNDLING - put together related products and sell them as a bundle. This really makes your listings stand out from other sellers. For example, if you have a birthday party bundle, you offer a listing on your store that sells "All-in-1-Birthday Pack" with hats, balloons, plates, cups, spoons, forks, candles, etc. You can source these individual items from sellers and either put packages together yourself to ship to customers (fewer items), or work with a fulfillment company that will do this for you (FBA Centers are one example). * PRO TIP: look for potential trends that you can bundle products for such as upcoming movies, fashion, world...
"When an order is placed in my Shopify Store for an Aliexpress item, do I then go to Aliexpress myself & order the item from them to be drop shipped to the customer?" Dropshipping with AliExpress is pretty easy. When you receive an order, go ahead and manually purchase the item on AliExpress. Then enter your customer's name and shipping address, and the seller on AliExpress does the rest. You should keep a spreadsheet on hand with all the products on your Shopify store, the price, the cost on AliExpress and a link to the listing. When you get an order, click through to the supplier and place the order. It's a good idea to let the seller know that you are drop shipping this item, so they do not include any invoices, promotions or other materials that indicate you did not fulfi this order yourself. During checkout you should leave a message for the seller like this one: "IMPORTANT: We're drop shipping this item. No promotions, and no invoices, please. Thanks!" Look for the option to use ePacket ...
Tammy says: As far as drop-shipping, one needs to be a little careful -because if your suppliers let you down, or don't perform, your seller metrics will go in the tank and you could have your amazon account suspended. I would never want that to happen.
1) i live abroud, how can i set up my Amazon Account being out of the US and what about Tax regulations? *** You can set up a local Amazon account, but you will need a way to bank with your target country. Amazon says this about set up and tax regulations: "When you register to sell in the U.S. on Amazon.com, you will need to provide a valid credit card, phone number, and tax information. For taxes, you will be required to go through an online step-by-step interview that will determine whether you will need to complete a W-9 form (as a U.S. taxpayer) or a W-8BEN (as a non-U.S. taxpayer). When you register to sell in Canada, on Amazon.ca, you will need to provide a valid credit card, phone number, and tax information." *** 2) I open my account in Amazon and i also create my Website to sell the same product, like its recommended, so i have to open a business account in the US, create a LLC o CO company, what are this steps, do you guys already experience this before and help somebody else to do t...
You sell it, we ship it. Amazon has created one of the most advanced fulfillment networks in the world, and your business can benefit from our expertise. With Fulfillment by Amazon (FBA), you store your products in Amazon's fulfillment centers, and we pick, pack, ship, and provide customer service for these products. Best of all, FBA can help you scale your business and reach more customers. 1. SET UP FBA. If you already have a Selling on Amazon account, Add FBA to your account [1]. 2. CREATE YOUR PRODUCT LISTINGS. Add your products to the Amazon catalog one at a time, in bulk, or by integrating your inventory-management software with Amazon's API. 3. PREPARE YOUR PRODUCTS. Make sure your products are "e-commerce ready," so they can be safely and securely transported all the way into a customer's hands. Need supplies? Get Amazon preferred prep and shipping supplies [2] delivered to your door. 4. SHIP YOUR PRODUCTS TO AMAZON. Create your shipping plans, engage discounte...
Can't physically inspect the products and have to rely on a third party company? See the list of prep centres I presented. One in particular I love to use is River Source Logistics. They can help you inspect / package and send in to Amazon for you.
Many people have asked us whether to list on Amazon.com or Amazon.ca. First of all, regarding requirements for registering to sell for either site:  When you register to sell in the U.S. on Amazon.com, you will need to provide a valid credit card, phone number, and tax information. For taxes, you will be required to go through an online step-by-step interview that will determine whether you will need to complete a W-9 form (as a U.S. taxpayer) or a W-8BEN (as a non-U.S. taxpayer). When you register to sell in Canada, on Amazon.ca, you will need to provide a valid credit card, phone number, and tax information. North America Unified Account - taken from Amazon In North America, Amazon has simplified managing your business across the United States and Canada marketplaces. The North America Unified Account enables you to create and manage product offers in both the U.S. and Canada. You control what you sell and where you sell from a single seller account interface. When you sign up to sell on either Amaz...
Tammy suggested "Have you considered bundling? or adding multiple items, like a two or three pack to get a little more margin somehow? "
In General when sourcing from any country products to re-sell it is always a good idea to work with wholesalers who have high ratings. Additionally, it is usually a good sign if your emails are answered quickly. Also, it a good idea to request samples of products before you commit to buying in bulk.
The best practice that Tammy and Roger suggest is setting up in your country of residence for ease of use. However, if you are going to be selling mostly to the United States then you can consider opening a pro-account on the US Amazon store. Since Amazon has region specific marketplaces, it really comes down to your ultimate strategy and ability to do banking in that region. For non-US residents, Tammy said you can use two different resources to bank: http://worldfirst.com http://payoneer.com [1] Both of these sites will allow you to run a US sellers account from a non-US location. Links: ------ [1] http://payoneer.com
Can I sell products on Facebook? As you see from our training across multiple products we place a tremendous amount of emphasis on Facebook. Facebook has over 1 billion people + with the audience insights you can drill down to find audiences that fit what you are offering. Roger is a master at Facebook - and there is alot to learn. You can actually sell products on Facebook - by linking them to your ecommerce website (such as Etsy and/or Shopify and/or your own website). You can place a YouTube link as well in Facebook. Again, Facebook is about finding the audience and directing them to where ever you want to them to go
Question Is there any way I can avoid the high shipping fees? [fees for sending samples or any other shipping costs] Tammy Answer Sample shipping cost will cost just as much as the product does. Having said that - I usually contact at LEAST three different manufacturers to ensure I'm getting the best deal. Finally, if you can find one that uses EPACKET for shipping - that usually is fast and economic.
wanted to confirm that my understanding is correct. Step 1 :- Find gold product in BigRed. (To start do i have to have more than one product ? or we can start with one product only?) Step 2 :- Once I find out the product, (Do i have to order like 50 units or so from alibaba? or just one unit is fine) Step 3 :- Once i send the Product to the FBA, how people will know about my product.. do i need to do any marketing ? If i scan 4-5 product in the house... it is worth spending them to the FBA, or do i need like 40-50 products? ( Can i just start with one product) I scan some books at home but the profit is not that much , and i also do know where they will sell or not. if you can answer these question it may help me and encourage to start my business. TAMMY's REPLY Thanks for reaching out. We are so happy that you're part of the AZON family - You are just a few steps away from success! There are two methods we taught in the course - Retail Arbitrage and Private Label. With both methods you woul...
In regards to tax obligations and registration of your business and operating selling to clients based in your country, we do not provide legal or tax advice in terms of what the obligations are between you and your clients. Please consult with a local tax authority.
We have added UK support to the Big Red tool which will open up a lot of opportunities for you. The UK upgrade is included in your original purchase. Also, there are going to be more videos focusing on UK sellers. My suggestion would be serving the market you think you can do the best in (that's not always the "biggest" but the one with the best opportunities you understand). The UK is a viable market and really gives you a key to Europe, Africa and Asia as well (many people from these regions will order from the UK store).
Actually, right now, today, May 25th, I heard Amazon is being a little more lenient on the ungating process. They do this from time to time to encourage more sellers to provide goods to fulfill consumer demand. We see this especially in advance of a big season, in this case Prime Day is right around the corner! Contact a wholesaler where you can see the contact name, address, phone number on their website. Make sure your Purchase Order outlines a few of their products you are about to purchase (dated within 30 days) to the attention of the same contact you see on the website. Make sure you're ordering enough to make it look like it's not for personal use. I.e. 300 pkgs of choc chip pancake mix, for example. Do not put prices. Usually an amazon associate double checks your information on the Purchase Order with what they find on the website. If they match up, that is usually all they need to ungate you. YOU HAVE TO BE UNGATED TO SELL SOME COLLECTIBLES. READ ABOUT THAT HERE. HTTPS://SEL...
With reference to us using our own UPC #'s. In listening to the training again, when you manage your inventory from Seller Central and Print Labels, Tammy said it will assign you an FN sku. Is this the same as a UPC #? Or do we affix this FN sku'd label on the product AND also include our own UPC #? Tammy Answers: You need to buy UPC barcodes when you have your own product, or the product upc that was printed on the tag at the store is not coming up in the Amazon database (i.e. it hasn't been listed yet) i have had good luck purchasing these at SpeedyBarcodes.com You don't actually need the barcode picture they give you, only the upc number string. You will input the upc number when you're creating your listing by going to inventory> add a product > create a listing. On the first product information screen, where you start inputting your product title, etc... at the bottom is where you'll input your UPC code. I've attached a screenshot for you. The FNSKU is actually the barcode that prints out ...
OPEN CATEGORIES More than 20 categories are open for selling on Amazon; products in these categories can be listed without specific permission from Amazon. Some categories only allow listings for new products. Some categories have additional guidelines that sellers must follow CATEGORIES REQUIRING APPROVAL Products in categories requiring approval can be listed only with specific permissions from Amazon. Only sellers with a Professional Selling Plan subscription can sell in these categories. Amazon limits access to sell in these categories to help ensure that sellers meet standards for product and listing quality as well as other category-specific requirements. These standards help Amazon customers have confidence when buying in any category. HOW TO REQUEST APPROVAL 1. If you meet the requirements described in the table below, use the Contact us [1] form to request approval. 2. Fill out the form to submit your request. You will receive an e-mail response in approximately three business days letti...