Amazon FBA £500k Wholesale Challenge - Episode 3

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  • Опубликовано: 27 авг 2024

Комментарии • 71

  • @TheeEmberzz
    @TheeEmberzz 4 месяца назад +4

    Such a great series bro, I’m happy that you’ve found good suppliers with consistent products. Do you think you would ever start your own brand in the future? As that’s where you can really build a business with more longevity and of course a sell out day for a big sum 💰 keep up the great work though bro 👌

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      Thanks man appreciate it! It’s definitely something I have thought about I am just not very interested in building my own brand at the moment. I have actually made a brand and built a PL listing in the past 😊

  • @bilalchishti4832
    @bilalchishti4832 2 месяца назад +1

    When is episode 4 landing

  • @JamesWhaley13
    @JamesWhaley13 4 месяца назад +1

    Hi mate, great video you’re killing it now! Do you ever worry about the liability aspect if sell an electrical item for example and it sets on fire. Are you covered for that on FBA? Who does the buck fall with?

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      You can get insurance to cover all that bro but the manufacturer is usually liable if the product went faulty and you sold it as brand new 👍🏼

    • @JamesWhaley13
      @JamesWhaley13 4 месяца назад

      @@HustleWithHeathy Ah great cheers mate appreciate the response. I was looking to sign up to your Hustle Club thing, I can see you have the course and the Disord, just wondering what's the difference between them? As I'm only starting out I'd probably rather not the big payment for the course just as I'm not set on FBA yet.

  • @TeamHumanFlag
    @TeamHumanFlag 4 месяца назад +2

    Absolute Legend

  • @harrydowling6023
    @harrydowling6023 4 месяца назад +1

    When you are trying to open up new accounts, do you use a dummy website to present as your main selling channel rather than saying you are an amazon seller?

  • @JamieRawlingsMusic
    @JamieRawlingsMusic 2 месяца назад +1

    Hi mate, I'm assuming you have reached the vat threshold now? How does that impact your margin and your choice of products?

    • @HustleWithHeathy
      @HustleWithHeathy  2 месяца назад

      Yeh been VAT for ages mate, just makes you source better really 🫡

  • @Vivek42024
    @Vivek42024 4 месяца назад +1

    Great video mate, I like the authenticity. Just one question though, if you have around 1-2 months( my uni summer break) that you can pour into this with around 6k starting capital, what is the best approach for fba? Is fba even the best approach for ROI within that time period?

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      Really depends I wouldnt say it's something you want to do for 1-2 months then stop but you can do a lot with £6k. Message me on instagram if you want bud 👍

  • @nayb1398
    @nayb1398 25 дней назад

    Hi. Just signed up for the wholesale. How to access?

  • @cledwynfernandes9493
    @cledwynfernandes9493 4 месяца назад +1

    Hello mate your videos are amazing. What do you think about private label model?

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      I have setup a brand and a listing but not done anything with it as of yet, definately something I will explore in the future!

  • @majidamora2696
    @majidamora2696 16 дней назад

    From where can I pay thinks

  • @cledwynfernandes9493
    @cledwynfernandes9493 4 месяца назад +1

    I wanted to ask? I see a lot of people say it's no point selling low priced items like 8f or 10£ for example because we will lose money on it on ppc etc but how are they so many sellers still selling at this price point or even lower any insight on this ? I love your videos

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      Hey I don’t run any PPC as we only sell products that are already selling on Amazon 👍🏼

    • @cledwynfernandes9493
      @cledwynfernandes9493 4 месяца назад

      @@HustleWithHeathy can I run a successful business selling generic products from China as I have a good wholesale suppliers.

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      @@cledwynfernandes9493 that’s private label and there is lot more that goes into it

    • @cledwynfernandes9493
      @cledwynfernandes9493 4 месяца назад

      @@HustleWithHeathy thanks for the reply ❤️ do you teach private label business model on your group? 😊

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      @@cledwynfernandes9493 no we don’t do that 👍🏼

  • @nayb1398
    @nayb1398 3 месяца назад

    Would you sell a product where the brand is the only seller? No IP risk on Profitl and many others sell different items from that brand.

  • @MonkeyHits
    @MonkeyHits 4 месяца назад

    Love the video!
    Question, what app are you using to show profits/sales/roi?

  • @W4VE_X
    @W4VE_X 4 месяца назад +1

    I've watched a couple of your videos now and I am wondering how many hours you spend a month on amazon FBA. On a video you made a year ago, you said you spent no more than 30 hours a month on Amazon fba, but in another video (your day in the life) it seemed like you spend your entire day, more than 10 hours. I would greatly appreciate it if you could give me an estimate to how many hours you spend on amazon fba a month, excluding all the RUclips stuff. Thanks in advance

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      Really depends what your doing mate to be honest, if your sourcing and trying to find better wholesale suppliers it takes a lot longer. If your just buying arbitrage leads can take a lot less time if your not sourcing yourself. Really comes down to you and what you want to do.

    • @W4VE_X
      @W4VE_X 4 месяца назад

      @@HustleWithHeathy how many hours a month would you have to invest if you wanted to go down the wholesale supplies route?

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      @@W4VE_X as much a you can

  • @Ste-The-Leo
    @Ste-The-Leo 4 месяца назад

    I had those same lipsticks too, sent them all back as they were all scratched and a mess... One even had a sticker on them left from the manufacturer saying they were for the indian market and expired in summer...

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      Im still waiting on the refund now!

    • @remycrux9747
      @remycrux9747 4 месяца назад

      Who’s the supplier? name and shame… at least stop others from ordering! Worried I might have just ordered from the same one 😬😬

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      @@remycrux9747 Haha na I can’t they was completely fine with returning I’ve just not got my money back yet, should do next week hopefully 🤞

    • @flippingcarsrepairs
      @flippingcarsrepairs 4 месяца назад

      Who is the supplyer

  • @benako6779
    @benako6779 4 месяца назад +2

    What products? This video doesn't say anything 😅😅😅

  • @aliiqbal7368
    @aliiqbal7368 2 месяца назад

    Did you find the suppliers first or the products?

  • @artbridder
    @artbridder 4 месяца назад +1

    Brilliant

  • @hamzaq23
    @hamzaq23 4 месяца назад

    What app was that you were showing at the end of the vid. The one that shows profit etc

  • @nayb1398
    @nayb1398 2 месяца назад

    How much cash would recommend having to invest before joining your wholesale course? Cheers

    • @HustleWithHeathy
      @HustleWithHeathy  2 месяца назад

      £2000 to cover cost and initial stock :)

    • @nayb1398
      @nayb1398 2 месяца назад

      @@HustleWithHeathy Thanks!

  • @seanross418
    @seanross418 4 месяца назад +1

    Mint 💪

  • @aidencowles822
    @aidencowles822 4 месяца назад +1

    How much do you pay for rent mate?

  • @ramialjlilati239
    @ramialjlilati239 4 месяца назад

    everything used to be in the group for a fixed monthly now wholesale is seprated for 1 grand?

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      The group and the mentorship are 2 different things bud.

    • @flippingcarsrepairs
      @flippingcarsrepairs 4 месяца назад

      Even more money in there pockets 😂😂😂

  • @dazshiel4802
    @dazshiel4802 4 месяца назад

    How long can you wait on average for a product to sell on Amazon?

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      You can wait as long as you want in theory but you want to sell through at a reasonable rate :)

    • @dazshiel4802
      @dazshiel4802 4 месяца назад +1

      Ace videos Heath. What would you recommend to someone who’s first starting out? Also did you say you had telegram or something similar with hints and tip offs and whatnot as I’d be interested?

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      @@dazshiel4802 depends on your budget really, I have a group on discord www.thehustleclub.co.uk

  • @Divyv520
    @Divyv520 2 месяца назад

    Hey Heathy , really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ?

  • @Captain_Shorts.
    @Captain_Shorts. 4 месяца назад

    How doable is this for me if I start with about 1k and do my research?

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      Not impossible it will just take time and you have to keep reinvesting.

  • @Joe-rc2jv
    @Joe-rc2jv 4 месяца назад

    How much of your own money have you put in before your CC/loan?

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      I would say now we are at £20k - £30k invested.

    • @Joe-rc2jv
      @Joe-rc2jv 4 месяца назад

      @@HustleWithHeathy iv just started with £600 defo not enough id say 5k to start properley

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад +1

      @@Joe-rc2jv £600 is fine but I wouldn’t start with wholesale, go to your local shops and some RA

    • @Joe-rc2jv
      @Joe-rc2jv 4 месяца назад +1

      @@HustleWithHeathy thats what im doing mate for a few months then double down

    • @flippingcarsrepairs
      @flippingcarsrepairs 4 месяца назад

      What's the best shops

  • @flippingcarsrepairs
    @flippingcarsrepairs 4 месяца назад

    Your items look like phillips light bulbs and a aftershave 😂😂🤔🤔

  • @GamingGoose
    @GamingGoose 4 месяца назад +3

    Awful business model surely doing your own website and spending money on advertising is better long term than lining Jeff Bezos pocket further. If you sell something at £20 they take about £10-£12 in fees alone.

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад +4

      All personal choice really if your happy to build a website run ads etc and ship all products yourself then maybe. Im happy sending all my stock to Amazon and letting them sell to the customers at the moment 😀

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад +2

      And they don’t take £10 fees on a product if you sell it for £20 by the way.

    • @GamingGoose
      @GamingGoose 4 месяца назад

      @@HustleWithHeathy mate I've literally sent loads of arbitrage products to them this week that sold for £19 and I got £9.60 after fees. A small toy that also was selling at £25 but by the time everyone's reaches amazon and they process it (about 2-3 weeks in my case) everyone lowers the price to get the buy box. I gave up after 2 months its awful the fees are horrendous same with ebay. Honestly started my own store 2 weeks ago gave up amazon, sold less product but actually made more money and the potential for repeat custom unlike on amazon

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад +6

      Sorry bud but the fees on a £19 item are not going to be £9.60 unless the item was massive. I have sold a item today for over £60 and the fees are £11.. You may have had a bad experience but like most you gave up after a couple months. Building a profitable business in any area is not a 2 month job and Amazon is one of the biggest oppurtunities for people like me and you to make money online.

    • @GamingGoose
      @GamingGoose 4 месяца назад +3

      @@HustleWithHeathy my exact figures on a small box toy item as follows
      Sold for £19
      Fees: commission £2.91 tax 58p
      Fulfillment fee £5.96 tax £1.19
      Fixed closing fee 75p tax 15p
      Total left profit £7.46
      Now to me that's ridiculous awful business giving away that much and the product was under 1kg in weight and about as big as a standard kids bear 30cm box needed. Ridiculous. I posted the same 1 myself from my own store and it cost £4.60 postage no other fees made almost double per unit. For me amazon is a rip off for sellers, only 1 winner. And they said they get cheap postage deals so how come the fulfillment by them was MORE than doing it myself. Also had to pay postage to send the products to them in the first place 🤣

  • @StallzV2
    @StallzV2 4 месяца назад +1

    hi jake im sam im really interested in doing this buying and selling but i dont know where to start i have some capital behind me anybtips to a newbie?

    • @HustleWithHeathy
      @HustleWithHeathy  4 месяца назад

      Have a look at my £0 - £50k series on RUclips 🫡