Revealing How This Seller Makes £400 A Day With Amazon FBA Retail Arbitrage
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- Опубликовано: 23 авг 2024
- In this video I meet up with a Amazon FBA seller who is doing £20k+ a month with the majority of his stock sourced via retail arbitrage.
#amazonfba #makemoneyonline #hustle
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I love how honest and simple you explain everything.
So many fake beating around the bush videos out there.
Just getting started on FBA. Looking extra income to support the family and help get some financial freedom. Ex electrician like yourself. Enjoy your videos, you should try do them more often!
Best FBA videos out there without a doubt. No beating around the bush, just straight valuable info, love it man! I want to start Amazon FBA because it's a great business model, especially as a full-time university student because it's hard to commit to normal working hours
Absolutely mental figures these! Great video as always fella! Well done Justinas too!!
Need to start this at some point 👀
Make a good living from eBay with one particular item range but note to self …
Expand expand expand lol
Good stuff bro
Great Video! 💯 I've been looking to start Amazon fba for a while now but wasn't sure where to begin, this video helps a lot n I'm gonna start looking at my local supermarkets 👍🏾
I wouldn't mind starting because I'm fed up of the rat race. Be able to make some decent money remotely is the goal.
Great video, you are always motivating. I have just started FBA at the very first step where not sure which products to buy... 😮
Always great video, looking at setting up my LTD business next couple of days, was thinking of starting with an individual plan as haven’t got great deal of capital atm so just get used to amazon sending few bits in learn the ropes
The current 9-5+ is draining me & the dream is for me to get out and work from home. I managed it for my. Wife but now it's my turn to take the plunge. So gradually need to build myself up to where a new side business could over take the stable income. Been pottering about between dare I say it CCN & FBA not sure which to start 1st. Altho I think the former is a little harder to scale...🤔🤔🤔 Keep up the great content love following the journey! #HustleHard
Love your videos going to be starting soon to earn some extra money thanks for all the info you give really helps
Love your content mate I really want to start an fba account and start selling as this seems like an amazing way to learn a living! Keep doing what your doing 👊🏻
My Best in-store find was 20 plus retired Lego sets from Hamleys bought for £8 sold for £40 plus, great little boost for me starting out! 🤑
how did you sell lego when first starting out? were you not gated?
I want to start Amazon FBA because Heathy is the GOAT
Love watching your video, really helpful. Can you do a video about all the negatives and bad points about FBA
Great vid deffo going RA more often now
Great video but I think it’s really important to look at historical prices and your competition to work out your potential market share.
This is something that a lot of videos like this miss.
Maybe this is something you’ve covered in other videos but the current price and approx spm is a relatively small piece of the jigsaw.
I look to see variations of there are any, if there is a variation I look to see what market share that product has, I then look at the buy box historical lows, I like products where my break even is still below that historical low, I check the average 30/90/180 day and 1 year buy box price, how many sellers now and historically and how the price has been effected, check the buy box stats etc.
All my opinion of course.
I have been watching you for a few months now your amazing ! I have just started Amazon FBA this week and I have no idea where to start would love to have a free month of your group just to give me a little head start , Im fed up of the old 9-5 office job it's time for change ...
Hi, any luck after 1 year ?
Great video as always, very helpful!
Enjoyed the video….I’m new to this and so far I’m liking what I see jus haven’t got the confidence to do it to be honest
Another great video buddy! ❤
then how do you be approved to sell in amazon with a Sainsbury ticket? how do you do it without a proper invoice to sell a brand that is not yours..?
great video 👍 shows what can be done
One good instore bit was a certain scent at £7.. if you know you know !
Used to sell for over a score all day long (eventually got saturated).. sales were ludicrous 1.5/2k.. and all at 90%+ roi..
If only they were all like that
I'd be interested to see what it's about. You made me a few £ from CCN so I believe in what you say!
I've tried. Security was watching me, staff coming to ask "Are you alright, do you need any help?". It's so embarrassing
😂😂😂😂
Just say you're about to make a lot of money reselling
I understand what you’re saying but just tell them what you’re doing, it’s fine. You’re doing nothing wrong.
I want to start because it sounds very easy and the amount of money to be made is good
Great Vid 👍
Great video! makes me want to go do an RA trip!
Same mate
Best In store item I found so far was beetroot powder
Excellent video, still mulling over whether to start with FBA or concentrate on Ebay where I'm already selling - Amazon looks more complex?
More complex but more scalable 📈
Great video guys! Crazy to think how much can really be made doing RA!
Is ok if you got a few k a week spare to spend
Hey bro, love ur contents as always💯. One question -what does the listing sales on Profitl represents? Say for example if the listing sales is 50/month?
That is a rough idea of how many sales that listing is getting per month
What do you do about package and posting, are those prices included in your overall costings?
i am not doing any fba at the moment, but has been involved in business for long time and would like to join as it looks very exciting
great video mate. im not set up for amazon fba, could this work with these products being flipped onto ebay?
HI, can you please make a video on the scanner your mate was using? it looks really efficient
I think that was just the scanner from the shop ,adding the products to his trolley. 🤔
Best in store find was Harpic
love the channel even i can understand what your talking about you explain it well. what is the best size labels for the fnsku to put on your products to send into amazon?
It depends what you are using, if you are using a thermal printer then i use 60x30mm, but you can use a regular printer and buy labels that go into that.
I want to start because I've been made redundant and would enjoy this more but struggling to learn how to send on products and get scanner what item to a phically need to start
Surely you would get sued if you are selling somebody elses brand?
Do u hv a a to b video on how to send item on to amazon
Hu heathy just a quick 2 question 1- found a product to tell what worries me is there's only 1 seller is morrisons cant i not sell it even though amazon says eliable to sell it ?
and 2nd if i take shipment to ups myself it is free and what do you put in shipping progress thanks
please can you tell me what app you are using to scan goods with ?
hello , can you do please explain how did you get approved to sell this branded items without invoice?
Great video! Question, do you remove the supermarket reduction labels before sending them into Amazon's or just put your labels over the top?
If they come off easily I would remove, if not cover 🤝
@@HustleWithHeathy Thank you. I know some supermarkets put stickers in silly places, like all across the front of the product. Would you avoid buying them because of that?
@@sarahconnelly7953 you can get most stickers off using a hairdryer
@HustleWithHeathy OK cool, thank you so much
Don't forget guys you need to work till midnight after your day job to package and label all of this . There's big money but also big tike consumption in this game for sure
Maybe not until midnight but it’s a good couple of hours to label and package. Then there’s always the risk that a couple of the listings will have a price tank
hello mate. just a quick question. at 3;42 it says that product is PL-private label.just wondering how youre going to sell all these if its PL which is not allowed?
That’s just a warning on SAS doesn’t mean it 100% is, and we have sold that brand lots before and it’s fine 👍🏼
Hi Heathy, I would like to get into Amazon fba, but I have selected random sellers and noticed in the 1st 4 months of this year some of these sellers have less than 60 sales and after researching the product the time and effort the profits are negligible, what am I missing?
Any tips on getting ungated in the beauty products category? Amazon doesn’t let new sellers just sell anything they want as you’re aware. Please share.
Hi. I would like to ask for advice. If you check several stores in one day and don't find anything, after how many days should I visit them again?
As much as possible :)
As a Chinese it seems totally different from my FBA practices and I can't sell these products with international brands. How can I do this?
The profit does not include the vat and pre centre fee. so the profit will be very low
You only pay VAT if you are VAT registered and I do not use a prep centre
Interesting video. Lots of info. Can I ask what exactly is meant when you say an item sells for x sales per month? Is that across the whole of Amazon or if you have the buy box, I'm assuming it doesn't mean you will sell that many per month
That is a indication of how much that product sells a month as a whole, so if you had the buy box 100% of the time you would expect to sell roughly that amount.
@@HustleWithHeathy ah ok cool, that's helpful. Thanks for your reply 👍
Fantastic content. What scan app are you using on the mobile phone.
SAS in that video mate
Do you recommend paying for amazon advertisment for amazon arbitrage at the beginning or not?
Thanks
Ive never paid for ads on arbitrage products :)
How many of them products was you gated on ? And question does seller amp tell you if your gated or i gate don most products ? Because it doesn’t always say yes in green for every item that’s not un gated
The best way to properly check is to add it to your inventory on Amazon 👍🏼
Do you sell products which Amazon are on the listing?
Yes mate
Is asda any good for retail abatrage🤔🤔🤔🤔
Another helpful video!
What happens once you've you've sent the items to Amazon and they don't sell? ? Do amazon hold it untill its sold so you could be down a lot of money months on end? How do you get round this or reduce that risk? Thanks
yeah i was thinking the same - you could be tying up a lot of money, tho perhaps the scanning app he uses tells you which products sell consistently every week, and if so, i guess that would help predict how many sales are likely.
@@ianian2502 You only buy things you know you can sell at a price, so you just slash the price if things dont work out. There will be lots of lines like this but you have to ensure you have more winners than losers
@harrisonclarke6719 if more than one seller is selling the same item for the same price, why would a customer pick you? How do you get pushed up the list of sellers?
@@guillembauza1658 The buy box rotates around eligible sellers. If all is equal and sales are 100 and there are 4 sellers, each will get 25ish sales. This literally works in practise for many of my listings. You can also get the buy box if you're not the cheapest at times, but no one really knows why
Is it a certain % Amazon take on a product plus storage fees?
use the revenue calculator
Great video - would love to have a free months subscription. Looking at this to supplement carers wage :) Seems like you can fit this around other commitments - Thank you
These products could take quite a while to shift. You will have money tied up for a while. Is it really worth the effort for such small returns which could take months to realise. Am I missing something?
Hey mate i see la rochey its a product have IP alert and the one i see have BB PL alert on seller amp do you work with this kind product?
Yes but only if you know its ok to sell a product with a IP warning.
What time of the day is best to look for clearance items?
Anytime really I would say mornings are probably your best though.
Do your calculations include vat on fees
So why are they going to the store to check the products ? I’m confused I thought fba was where u buy stock and Amazon store and sell it for u ?
You can buy products in store and then send it into Amazon for them to sell.
What’s the downside of fba? Could you be stuck with stock if not sold?
Sometimes you have to break even on stock or sell for a small loss, or even sell some stock on ebay.
Hey, once you buy those products then how is the process to send those products to Amazon to sell them?
Add them to your Amazon inventory, print of your product labels then ship them into Amazon
@HustleWithHeathy I appreciate the fast response. This last 3 weeks I have been learning 3 different ventures. Dropshiping, digital marketing and Amazon fba, and your channel is the one that explains so well and detailed about the business and how to start, so you are doing an amazing work.
Thank you 👍📈
stick to 1 thing bro don't try loads at once@@ExplorewithMarco
I would like to start amazon FBA to have my own time back
You’ll likely have far less time if you only work 40-60 hours a week like most people.
That’s if you want to make a decent income with FBA.
Is there a research tool where u can download the Amazon data base
Yes use a tool called selleramp
What do u scan them on ?
Profitl or SAS
£20000 in sales is like around £4000 a month profit.
If that’s true £48K a year is way better then ya average 9-5 working for someone else. + being a business owner you get great tax benefits.
His profit actually is £6000 in the last month.
That’s 3 months work in your normal 9-5
@@MatthewChapmanYT it takes years of perserverance to get to that stage. you can't just get to 48K profit from day 1. majority of people who try to persue the ecom dream never made it and barely break even.
i would personally recommend people build wesites in everlasting niches and build a long term ecom business by ranking in google and other search engines and social media platforms. retail arbitrage seems like it would be very very volatile - basically realies on end of season clearances for deep discounts to buy and flog on amazon.
@@MatthewChapmanYT nowadays the tax benefits are servely reduced. the only tax "benefits" is that people might be involved in a livestyle business and their work is also lesure (e.g. travel youtube channels). Or in this case, someone gets hold of stock that they never sell and just use it for themselves and it disappears from the balance sheet.
There are actually very few legitimate allowable expenses in business nowadays. tax free dividens massively reduced. Things you can expense like phone, mileage, use of home etc are things that any reasonable employer would expense for you.
I think people exxagerate the "tax beenfits" of being a business owner. I think they are actually claiming for things that aren't wholly and exclusively for the use of the business and commiting tax fraud.
I have a business and people who aren't in business say to me "that's wicked you can lease a car through your business and get it tax free". That may be the case, but if I had a decent job I would have got a company car. Secondly I'm a business owner. I'd rather drive a car that I bought outright for £8000 and save on any leasing cost of £400 p/m and keep that money in the business and actually make some profit.
@@MatthewChapmanYT Yh definitely right about the tax benefits as a business owner + so many other benefits in general!
How to get ungated for olay😊
i want to buy my dream car and want to make more money on the side 🙏
Hi Heathy, I have terrible problem in opening account... The amazon seller support recommended that I open a new account (as the first one was not verified) - I ended up having multiple accounts, they said that I need to delete them but it is impossible as I haven't passed verification process. The support team looks like automatic message, I am hopeless... Do you have any idea how long it takes for them to deactivate the multiple accounts with my details ?
If you never got passed verification with the old one I wouldn’t worry about it
@@HustleWithHeathy thank you Heathy, I will try to contact them again as they simply didn’t let me go through verification because of it…
@@Magdalenarob strange one, I’ve had members who just made a new account when that happened and it was ok
I will then open one more after they contact me and clarify - I think it is just automated response and it guided me wrong way. On the account there is a message that they couldn't verify my documents, but reply in emails says it is because of multiple accounts 😅 I have been dying to join amazon, it takes forever 😅
@@Magdalenarob make sure you don’t miss the verification call as well
💥💥💥💥
How did you ungate those products?
With invoices from retailers/wholesalers.
@@HustleWithHeathy yooo heathy how would your guy even get an invoice from Sainsbury’s? Receipt good enough?
@@ha11iday95 no you can’t use receipts for ungating
@@HustleWithHeathy so he’s possibly asking a manager at the shops?
@@ha11iday95 no no you get ungated in that brand another way, then once your ungated can sell that brand
Really like the channel and the advice you give however you now have a group which charges £50 per month for support and leads etc… gone from giving advice based on experience to now sounding like many others who have groups, for example seller circle, who are looking to earn more through a membership scheme and sounding less like you want to help others and drive viewers towards your membership scheme
You must not of seen my last video where is show you step by step how to make money with Amazon, literally the same methods I use right now :) The difference between mine and the group you mentioned is mine is capped members and I make more money from selling & everything else i do then I do the group.
Why is the group needed then if you are doing very well with sales and giving free advice on how to make money through Amazon FBA? No hate just genuine questions and queries as I’m curious
@@waynejohnson8157 Yeh for sure bro i'm not one to shy away from questions. Obviously I make money from the group and eventhough I am selling on Amazon and making free content there is a demmand for a group/mentoring etc so I would be silly not to do it :) On top of that I have genuinley helped people change there lives with Amazon so its win win. I will always put honest free content out regardless of group or not.
What are the profit margins ? Please
!
How can you make that profit you haven't taken fees off or postage lol
👍
Not concerned about IP complaints. On your scanner a few times. Some of the sales were split across variations too. Also can't help but notice your ewers logged into your seller account. Its not as easy as you make out.
Hey man, what do you mean 'ewers'? Was it a typo? Thanks
La Roche Posay flags as IP but ive sold many times with no issues. Doesnt mean you wont get a IP claim in the future just depends on your risk tolerance.