@@ReezyResells Thank you man! I would not be where I am today without your influence and free content over the past 6 years! For anyone new to the game, strap in and get ready to learn!
This is one of the few men with integrity on RUclips. Valuable intel for anyone starting out. Thank you from everyone that has ever visited your channel.
@@ReezyResells Hi!, would you recommend to start register Sole proprietorship vs LLC to start? I haven’t seen a video in RUclips to explain this about staring in Amazon FBA,thank you so much
I literally had a sale like 5-10 minutes after improving keywords on an item. Mind you I was the buy box BUT, it was sitting for a few days with low views. Keywords ARE important guys! ❤
I just saw you in the Trash 2 Cash podcast and you killed it….I’m glad your doing videos again. I recently went full time in January and it’s a grind. Thanks for all the info.
Reezy you are amazing. I wish you were my neighbor I would pick your brain and maybe sneak some from ya. You've got a huge heart. I just love your giving away food for the brain. ❤
Well just a help Usually moroccan guys sell accounts I suggest to buy a tier 10 account it worth now on the market between 50$-80$. Try to start with tier 10, about the informations dont change nothing at the beginning, change only the email and password thats it, about the tax and bank also personal informations let them later. By changing the log in informations keeps the account safe ( we dont know the seller maybe on the future will take it over from you) so i suggest once you buy it change only the log in Then evey like two weeks change them step by step like this time tax informations than after few days bank .... Dont not buy high tiers 25 or 100 ... Expensive and there s a risk of scam. And most important try to find trusted sellers with a feedback.
hey man i saw another video posted 2 years ago by you (great info btw) you had to peel off 50 little orange tags from some gloves and you used a heat gun which is totally ok! but as a hotwheels customizer i leaned acetone or nail polish remover on a Qtip and it breaks down the adhesive really well
2 minutes I'm subbed, I'm living that reality I'm really trying to break that shell. Stuck at a 9-5 my whole life always trying to make money on the side. Never working. thank you for the video
Man! I appreciate you so much for just sharing info. Like you, I’ve got a GED. I do make a good living now but it is physically killing me and I don’t have any passion for it. RA/OA is fun to me. Yes I’m new to the game but I doubt it’ll change. Keep rocking it bro! Thanks.
Base level info is very helpful. That separate bank account/card tip was crucial. I have my sales exemption tax and a DBA, which I learned from your channel, it didn't cross my mind to get a separate business account as well.
U should prep a nft project and launch It when we hit the next bull market. I would buy your nft and hold it. You can provide holders with some private or early videos. Monthly hangouts/ online games/ bets/ lessons. W.e. the community votes on that you're willing to do. New updated training with it or atleast mention I. The road map and deliver. It will be a win for us and a huge win for you. I know it will sell and I believe you will do us right. So Many more reasons for you to think about it.
Yeah keep the ideas coming, I've thought about this for a minute and I go back and forth with feeling like it would be perceived as a scam and also the thought of being tied to a project long term seems like a huge ball and chain to me. The right idea would make great sense tho
True enough, lots of gurus in youtube selling mentorship and it's not cheap 😢.. I really appreciate you are making this free videos, it's up to us to connect the dots. Thank you
I got a nursing license, when I got it , it was not high paying but as the years went by nursing shortages and my continued keeping up with new medical techniques. I retired earring 250K a year and then found Amazon, starting eBay and want to do RUclips and postmark and whatnot. I just can’t keep relaxing. Making money makes me happy. I was born very poor.
Love the vids my main question no one can answer is how much capital do you use on a monthly base. What's needed in your opinion to profit say 1500 a month to start.
That hard to estimate without knowing what business model you plan to go with as well as what your average cost of goods and your average sale price is. Once you have those numbers you can figure it out
I decided that I want to test out selling out Amazon by first doing retail arbitrage. I was wondering if I should just go straight to FBA or start off with FBM then move to FBA? The end goal is for me to eventually transition from retail arbitrage to wholesaling. Any advice is appreciated!
also it just seems i’m being restricted from almost everything that’s a lot but im just now watching your video now with the link lol i finally get the gated stuff lol
Hi Reezy, your videos are amazing and are such a great help to so many people. I was wondering if you have any tips for sourcing products on online arbitrage? i seem to find it very hard to source any products at a decent cost with a decent ROI
Your videos are insane good!! I am addicted to them... honestly, THANK YOU, 🏆 thank you! I have a silly question. Could you do a short tutorial on how to use labels? How do you print them, when you've used 2 in a row, how do you line up the paper and the computer to get the address on them?????
Man w the 30ups thats the issue is you end up wasting some pages of labels. You can try and rig it to print on certain ones and transfer labels etc to make a full sheet again, but what happens is then you get a printer jam
You can apply for restricted products through sellers central in the "add a product" section. When you find a product you're not able to sell you can apply to sell it and you'll need to submit an invoice with 10 units from an authorized supplier or distributor.
You can use a 3P scanning app like SellerAmp check it out here bit.ly/ReezySellerAmp - if you can't afford a scanning app to help w that, you can usually tell by just seeing how many sellers are on the listing. If there's only 1, and especially if it's the brand owner, chances are they file IP complaints. If you're not sure, you can lookup multiple items from that brand on amazon and see if there's consistently 1 seller on each one and that's a huge red flag
How do you suggest I approach accounting for the beginning of my journey in ecommerce? Not a lot of videos on this subject and definitely don't want to screw up on this part. Also, as I haven't even started selling yet, I don't know if I will even have the budget to hire a full time accountant.
most importantly, make sure to use a separate bank account and credit card for all your business related stuff. This will make everything easier down the line. You should be using Sellerboard to get your numbers vs amazon, that's how you can see your actual profit. Here's a free trial for that sellerboard.com/?p=01398 You could get away with QuickBooks self-employed or even just using a spreadsheet for yourself and downloading your transactions once a month and then putting them in the spreadsheet and categorizing them by expense type. If you don't have CPA yet, I highly recommend www.notyourdadscpa.com (that's who I use) and they're not only professional and handle what I need, but the price is 4x less than what I was paying prior. Even if you're not ready to hire them as the CPA yet it would be worthwhile to contact them and ask what they recommend for accounting. I bet he probably has some guides about stuff like this on his website too.
You're not gonna get much benefit tax wise for either until you're making at least 50,000 a year, but I definitely wouldn't wait to make the money. Just start selling stuff now.
I didnt expect all those informations will be actually for free, since ive lost like hundreds or dollars for such garbage they call "courses" Thank you man.
ScoutIQ can do this, but most non media items will not have a database entry. The catalog is just too large for all that, it would be many GB of data. Snag a free trial here bit.ly/SCOUTIQapp
Hey Reezy I appreciate the content for real! But what are some brands I am ungated in as a fresh beginner? I only found one brand which is in the baby category.
Hello friend love the videos. Well sorry long question. I got accepted to sell my first product. I listed the product, done images,sizes,shipping etc and now waiting for product to get shipped to Amazon warehouse. When I finished the product listing in inventory the image of the product was there with number of units but now image is gone. Is this usual till product get to warehouse and it comes back.
It's harder to get the buybox fbm but I still recommend you to start that way as you have more control and you can figure out the system w the items locally, and if you make a mistake you won't have to pay removal or disposal fees, not to mention you won't have to make Fba shipments. You'll still learn everything else and when you're sick of it or when you're comfortable you can switch to Fba and you won't have as much to learn all at once
Hey, I really appreciate all the content, we are a new seller, I do have a question when you have time, We are in Illinois, but we opened up our business in Wyoming to get the tax advantages, the problem I’m running into is I didn’t realize our agency does not accept packages and I would have to use another address, would this be a problem with the ungate process? I hear that you have to have all the addresses matching up on the invoice. And if so, what would be your advice? Thanks
You can see on the seller app, you have to press one additional button after you scan an item. It will have a caution or exclamation And you tap that to see what it's for And it will say. Alternatively, a third-party app like SellerAmp will be able to tell you www.selleramp.com/reezy
Hey Reezy you are a real inspiration I love your content. I have MS and I discovered amazon as a way to help me out. I am a new seller just sent in my very first set of inventory to Amazon. Haven't sold anything yet. I am very Hopeful. I am trying to learn as much as I can on OA. Do you have any tips for a new seller who is starting out with not a lot of funds to buy a lot of products with.
Hello Reezy thank you so much for the information that you share . Can you give me some advise on what to do when Amazon ask for Children Product Certificate and Test Product ?
I'm a stay at home mom for the last 7 years I have bad credit and no job history right now for a credit card. Is there a regular debit checking account
Hi Reezy, thank you so much for making these videos, these really help alot. I'm in the process of setting up an LLC for my amazon seller account setup, for verification amazon require bank statements. Now as I'm new I'll be registering my llc using my ups mailbox address. Now on my business bank account statement, do I need to have my ups mailbox address so that I can pass the amazon seller verification. I've been told for verification all of the address should match.
Hey Reezy, I watch you videos all the time especially for guidance. I have a question about Amazon handmade. I’m using fba they are charging more than what the product is worth ( lip balm) is fba a good idea if not when is it good to use fba. Also I was told by customer service that if I’m a brand owner I would have shipping fee waved but I don’t see a wave. Any suggestions or info? Thank you in advance
I have zero experience w the handmade side of things. My guess is you need to charge more to cover the fees. See what your competitors are charging - you can find them by seeing "customers who bought this also bought" or "also considered" and just looking through those
when you send products to amazon do they scan the barcodes and add it to the corresponding listing or do you have to do that before you send the product and they update once received? Thanks in advance for any info!
Question: when you are scanning books are the results you get in new condition or something less? Still waiting to get ungated but stocking up on books now. So the green go is based on what? tnx
I hope this isn’t too random! Maybe you can help me. I have an LLC set up and registered for my online clothing boutique. I’d like to sale my wholesale merchandise on Amazon. I’d also like to use my business name as my store name on Amazon. Can I ship my inventory to Amazon and have them use my personalized poly mailers for shipment? It’s mainly just to get rid of all of my existing merchandise so that I can began selling the way you do.
11:29: amazon will fight you tooth and nail to NOT reimburse you. They’ll ask you for an invoice. Then reject your receipt because it’s not an invoice. Then reject your invoice because it’s not exactly what they wanna see
Yes it's very automated and sellers get the short end of the stick. Sometimes you have to weigh if it's worth your time or not. It can help immensely to have a service to do it for you
I found a good product 4 days ago, and every day the rank and reviews are changing, will this affect my sales because it will take already 2 months to get into the amazon warehouse?
I'm assuming you're getting into private label? Think about it like this; you should be analyzing the data on the item for as far back as you can. This will help you to see how it performs over time. If by the time you get the product, the data shows it to be no good, then it was probably not good all along and you'd be able to tell that by amazon if the historical data on Keepa. 99% of the time this is true unless something crazy happens that's out of your control
What hardware do I need to get started for online and retail arbitrage I saw In your video that you were scanning and printing labels, where do I get that stuff?
Hey Reezy, do you have any advice on shipping? I’m doing well with finding product and selling but shipping is eating me up. Is the flat rate boxes at the post office the best way to go? Or should I go with the bags? The bags seem to be the best option. Thoughts? Also-who’s is the best to use? (Post office, UPS, FedEx)
Start as sole prop and don't setup LLC till you're doing a decent amount. There's no real benefit w LLC unless you need it to make wholesale orders and there's annual fees involved. This is a question better suited for your tax or cpa person because at a certain point you can make great tax savings vs sole prop or standard LLC by having an LLC that elects to file as an s corp. this allows you to avoid 15% self employment tax on your income by putting yourself on smaller payroll and taking everything you need above your payroll, as a draw. Standard LLC and sole prop, you're paying self employment tax
So you posted a shirt and it's not showing up on Merch on demand? That's weird, try posting the rest of your tier and see if they show up. I may need clarification to answer this, if you want to DM me on Instagram a screenshot I might be able to help better instagram.com/reezyresells - send me a screenshot of this question to remind me who you are
Start w eBay and scale into amazon slowly. Use the free individual seller plan and boot strap it. Don't buy anything you don't need. You can learn at your own pace like this. I'll be here for you for any questions you have. Instagram is the easiest way to get at me tho
Love the video. Considering leaving the matrix. Do I need a business license to start selling? Are there any benefits behind making a business or llc when starting out selling FBA? I understand we're building a brand so I eventually need one, but while I'm dipping my toes in, is it necessary? Thanks for any help you or your community has to offer!
What's going on boss quick question do I make a new account with new email for the Amazon Seller platform I have a personal Amazon account that I use to buy stuff from Amazon and if you have a walkthrough video on how to set up everything in Amazon Seller platform great
Man sadly i’m just getting started with RA, Seems like lately everything i type in seller central to be a possible product needs approval. So i’m ordering 10 units of a grocery product to get ungated. Any other tips or advice? I found a cheap grocery product not to make a profit but to get ungated. Awesome video!!
Yep; Nike factory store, and other outlet malls have great supply. Try to buy stuff that sells through in 90 days max, and don't go in too fast w the spending or too lose with your buying restrictions. You'll run out of capital. Also make sure to manage pricing effectively and be willing to accept a loss on some purchases that don't go your way, so you can re-roll the dice on those dollars into better performing inventory. Aka don't marry your inventory
@@ReezyResells awesome advice! I can’t wait to get out of this grind. I’ll come back to this comment in the future and give you an update! Thanks again.
Dear Reezy, you are truly an amazing individual. I'm astounded by your kindness and support, especially when you guided me to earn on this platform. Despite using various resources in the past without success, your assistance has made a significant difference. Your generosity and supportive nature shine through, and I appreciate the fantastic and helpful videos you create. Thank you for being such a wonderful friend, Regards, Faarid Irfan
Hi I got ungated for Nike, went to local Marshalls to buy some shoes, none of the boxes had top cover! Same thing at the Nike clearance store. How can I sell these on Amazon FBA? Thanks in advance.
Technically it's allowed but I don't recommend it. You can get white shoes boxes from Uline, or you can sell lower end stuff just in poly bags (not Jordan's or high end fashion). You can also get boxes from other resellers who sell without boxes (eBay usually), and then using a heat gun do a label transfer from your ripped box to the other one
hello! here is hussain from Pakistan. which model of amazon should i start as a beginner. which should be safe and easy to earn more in minimum time and investment.
Im assuming you're intention is to sell on .com Amazon? So if you're in Pakistan, you should probably start with online arbitrage using a US based prep center and either sourcing deals manually (salesgazer+rabbit trail method) or doing that in conjunction w a software like tactical arbitrage bit.lY/TACTICALARBITRAGE
You should immediately get an email afterwards that you have to approve to be on the list and then the course is delivered. If you didn't get it please DM me on Instagram
If I could spend 1 day with you it would change my life. Also to do retail arbitrage do you need a llc? Rn I’m doing used books and so far I’ve got 2 orders within a week but I wanted to mix it up and try arbitrage but I don’t wanna buy product and get denied because I don’t have a llc
You do not need an LLC, you can be a sole proprietor. With either of those you can register your business w the state to get a sellers permit and purchase inventory sales tax free. Lmk if you have any more questions
I like FBA...becuase I understand how much I can gain the moment I scan the product with fees and shipping them to amazon, I don't understand how to see if I gain doing FBM for the shipping. Help!!!
You have to be familiar w shipping costs. You can use the usps calculator to figure that out, or pretend to ship on pirateship to somewhere far from your zip code and you can see it like that
I literally started watching your videos in May 2022, started my Seller account in July and have 1.5 m in sales from Amazon in 8 months. Thank you!!!
King!!!
@@josephlustig hello do u have whatsapp number?
The amount of valuable content that Reezy gives out for free is actually insane!
Thanks JoJi
@@ReezyResells Thank you man! I would not be where I am today without your influence and free content over the past 6 years! For anyone new to the game, strap in and get ready to learn!
100% so make sure you hit the like button on everything you watch.
He is one of the best people on the internet
@@lilo2628 it is what I am doing.
This is one of the few men with integrity on RUclips. Valuable intel for anyone starting out. Thank you from everyone that has ever visited your channel.
Thanks so much!! Means a lot
@@ReezyResells Hi!, would you recommend to start register Sole proprietorship vs LLC to start? I haven’t seen a video in RUclips to explain this about staring in Amazon FBA,thank you so much
The goat returns!!!
We back baby!
Love his new video so much.
How can you not love Reezy's transparency. I love it!
😻
I literally had a sale like 5-10 minutes after improving keywords on an item. Mind you I was the buy box BUT, it was sitting for a few days with low views. Keywords ARE important guys! ❤
I just saw you in the Trash 2 Cash podcast and you killed it….I’m glad your doing videos again. I recently went full time in January and it’s a grind. Thanks for all the info.
Thanks!! That was a fun one, just like hanging with the boys!
I couldn't find this episode. Would you have the link please?
@@ronaldomonteiro2011 sure, here it is ruclips.net/video/t37bX8iDT64/видео.html
@@ReezyResells Thanks man!
Reezy you are amazing. I wish you were my neighbor I would pick your brain and maybe sneak some from ya. You've got a huge heart. I just love your giving away food for the brain. ❤
Well just a help
Usually moroccan guys sell accounts
I suggest to buy a tier 10 account it worth now on the market between 50$-80$.
Try to start with tier 10, about the informations dont change nothing at the beginning, change only the email and password thats it, about the tax and bank also personal informations let them later.
By changing the log in informations keeps the account safe ( we dont know the seller maybe on the future will take it over from you) so i suggest once you buy it change only the log in
Then evey like two weeks change them step by step like this time tax informations than after few days bank ....
Dont not buy high tiers 25 or 100 ...
Expensive and there s a risk of scam.
And most important try to find trusted sellers with a feedback.
Yay!! Reezy is back!!
What should I make next Barbi?
I think you get the permit to make contents about making money online so you can try to do anything about it.
You are a really good person, thank you for sharing with us. Love your videos.
hey man i saw another video posted 2 years ago by you (great info btw) you had to peel off 50 little orange tags from some gloves and you used a heat gun which is totally ok! but as a hotwheels customizer i leaned acetone or nail polish remover on a Qtip and it breaks down the adhesive really well
Glad to see you back. Feeling inspired. You got my gears turning again! The 🐐
Thanks for the welcome back, lmk what you need help with
particularly he once releases a video on he is leaving youtube,
Your YT tips @ 4:30 is gold.. just makes sense. Thank you dude.
🤙
he is definitely the OG on youtube.
2 minutes I'm subbed, I'm living that reality I'm really trying to break that shell. Stuck at a 9-5 my whole life always trying to make money on the side. Never working. thank you for the video
Lmk what you need, I got you
YOU'RE BACK!!
👋
Thank you for all the content you provide. I'm learning so much from you.
You are so welcome! Checkout my free amazon course www.reezyresells.com
Man! I appreciate you so much for just sharing info. Like you, I’ve got a GED. I do make a good living now but it is physically killing me and I don’t have any passion for it. RA/OA is fun to me. Yes I’m new to the game but I doubt it’ll change.
Keep rocking it bro!
Thanks.
Thanks for the kind words Glen. You got this
just sent out my first shipment today
Way to go
Glad you are making videos again.
Me too!
Welcome back brother !
Thank you
KINGS BACK
Bless 🙏
Welcome back.
Hell nahh You cool as hell with a great Chanel! I stamp dat
Thanks yo! Happy New Year 🫡
Glad I found your channel a week ago. Just started my journey. So many GEMS 💎
Welcome aboard! Let me know what you're struggling with and I'll do my best to work it into the channel
he helps me a lot on my journey too I hope you are doing well on your experience.
Great video! Love your tips at the end!❤
Thanks so much Amelia!! What are you struggling with lately that I might be able to help with?
i think it is always best to see how people show the work
Base level info is very helpful. That separate bank account/card tip was crucial. I have my sales exemption tax and a DBA, which I learned from your channel, it didn't cross my mind to get a separate business account as well.
Makes your accounting so much easier
Thank you for share all your knowledge, I really appreciate it!!
God bless you
U should prep a nft project and launch It when we hit the next bull market. I would buy your nft and hold it.
You can provide holders with some private or early videos. Monthly hangouts/ online games/ bets/ lessons. W.e. the community votes on that you're willing to do. New updated training with it or atleast mention I. The road map and deliver. It will be a win for us and a huge win for you. I know it will sell and I believe you will do us right. So Many more reasons for you to think about it.
Yeah keep the ideas coming, I've thought about this for a minute and I go back and forth with feeling like it would be perceived as a scam and also the thought of being tied to a project long term seems like a huge ball and chain to me. The right idea would make great sense tho
@@ReezyResells I've thought of a few things. I'm going to tweet you
Back in video form. Love it
It is good. I think some people do not like the short formats.
The goat is back 🔥
True enough, lots of gurus in youtube selling mentorship and it's not cheap 😢..
I really appreciate you are making this free videos, it's up to us to connect the dots.
Thank you
My pleasure 😊
You are the man! Thanks for you information 💪
Happy to help!
Thank you for that! I'm from Brazil and I do what you say in the video. And now, I’m earning some nice money, thank you very much! ❤
Glad it helped!
I am sure Brazil has amazon too😅
Thank you for the video. I still want to listen more about the buybox.
First week, 70$ profit and almost 200 books i’ve sourced for about 20 cents each
Way to go!!
Hey bro appreciate the video, I'm starting with no knowledge, going to go through your vids
Glad to hear it. Lmk if you need something you aren't finding
Nothing but gems. Thank you sir!
My pleasure!
Welcome back on vedios reezy ❤️❤️❤️❤️😍😍😍
Appreciate it 🙏
Love and love he is back on the platform.
Thank you, brother! Excellent video.
Very welcome, glad it was helpful
he always does the best video on youtube
I got a nursing license, when I got it , it was not high paying but as the years went by nursing shortages and my continued keeping up with new medical techniques. I retired earring 250K a year and then found Amazon, starting eBay and want to do RUclips and postmark and whatnot. I just can’t keep relaxing. Making money makes me happy. I was born very poor.
That's so awesome. I had no idea nurses were able to make that much. What kind of nurse?
rezzy your the best
Hardly, but thanks 🙏
You’re videos are super helpful thank you
Love the vids my main question no one can answer is how much capital do you use on a monthly base. What's needed in your opinion to profit say 1500 a month to start.
That hard to estimate without knowing what business model you plan to go with as well as what your average cost of goods and your average sale price is. Once you have those numbers you can figure it out
Long time no see!!
👀
I decided that I want to test out selling out Amazon by first doing retail arbitrage. I was wondering if I should just go straight to FBA or start off with FBM then move to FBA? The end goal is for me to eventually transition from retail arbitrage to wholesaling. Any advice is appreciated!
Watch my newest video, I answer that question at 34:23 20 Questions | Selling on Amazon FBA w Reezy Resells
ruclips.net/video/GWPR28uu3hM/видео.html
i just started my account i feel so lost but hopfully i can learn much from you thanks
You can do it! Grab my free course, it's all you need to make it (if you're self driven) grab a copy at www.reezyresells.com
@@ReezyResells sure will thanks
also it just seems i’m being restricted from almost everything that’s a lot but im just now watching your video now with the link lol i finally get the gated stuff lol
I like your channel,great info and funny too. 😀
Hi Reezy, your videos are amazing and are such a great help to so many people. I was wondering if you have any tips for sourcing products on online arbitrage? i seem to find it very hard to source any products at a decent cost with a decent ROI
Your videos are insane good!! I am addicted to them... honestly, THANK YOU, 🏆 thank you! I have a silly question. Could you do a short tutorial on how to use labels? How do you print them, when you've used 2 in a row, how do you line up the paper and the computer to get the address on them?????
Man w the 30ups thats the issue is you end up wasting some pages of labels. You can try and rig it to print on certain ones and transfer labels etc to make a full sheet again, but what happens is then you get a printer jam
Thank you so much Reezy.
You're welcome, thanks for tuning in
i help me on my journey i just watch his video For sure he is the real deal
I open my store for approval . what should I do next .. I want to add products where fo I go to submit product to approve.
You can apply for restricted products through sellers central in the "add a product" section. When you find a product you're not able to sell you can apply to sell it and you'll need to submit an invoice with 10 units from an authorized supplier or distributor.
“Don’t Trip” 😂 Thank you for the great content on all of your videos! Good advice always!
My pleasure!!
How do you get your shipping to 0$. Mine is default at 4.99. And I can’t lower the price to meet their price including shipping. What should I do?
It's in your shipping template settings. More info here ruclips.net/video/aYAlWhBVyi8/видео.html
Hi like to watch your videos as always. Question when I go to source RA how do I know how to source and check for ip complain? Thanks
You can use a 3P scanning app like SellerAmp check it out here bit.ly/ReezySellerAmp - if you can't afford a scanning app to help w that, you can usually tell by just seeing how many sellers are on the listing. If there's only 1, and especially if it's the brand owner, chances are they file IP complaints. If you're not sure, you can lookup multiple items from that brand on amazon and see if there's consistently 1 seller on each one and that's a huge red flag
@@ReezyResells thanks
he is always the best on helping
How do you suggest I approach accounting for the beginning of my journey in ecommerce? Not a lot of videos on this subject and definitely don't want to screw up on this part. Also, as I haven't even started selling yet, I don't know if I will even have the budget to hire a full time accountant.
most importantly, make sure to use a separate bank account and credit card for all your business related stuff. This will make everything easier down the line. You should be using Sellerboard to get your numbers vs amazon, that's how you can see your actual profit. Here's a free trial for that sellerboard.com/?p=01398 You could get away with QuickBooks self-employed or even just using a spreadsheet for yourself and downloading your transactions once a month and then putting them in the spreadsheet and categorizing them by expense type. If you don't have CPA yet, I highly recommend www.notyourdadscpa.com (that's who I use) and they're not only professional and handle what I need, but the price is 4x less than what I was paying prior. Even if you're not ready to hire them as the CPA yet it would be worthwhile to contact them and ask what they recommend for accounting. I bet he probably has some guides about stuff like this on his website too.
Your great Reezy.. should I wait to get an llc ir s corp what’s the difference? Also, should I wait to get this done until I’m 10k in sakes in a month
You're not gonna get much benefit tax wise for either until you're making at least 50,000 a year, but I definitely wouldn't wait to make the money. Just start selling stuff now.
@@ReezyResells so don’t get an llc until I make how much a month
Could you possibly give us a list of all the items you feel are NEEDED to begin a reselling. Such as the scale and label printer etc...I'm new here
I didnt expect all those informations will be actually for free, since ive lost like hundreds or dollars for such garbage they call "courses"
Thank you man.
Thanks, yeah it so hard out here. Good think you can get a refund on information products if you're dissatisfied
Is there an app that can look up books and other items like toys and also have a database and a live feedback
ScoutIQ can do this, but most non media items will not have a database entry. The catalog is just too large for all that, it would be many GB of data. Snag a free trial here bit.ly/SCOUTIQapp
do you carry commercial insurance? if yes can you point me in the right direction please and thank you
Yea, it's required now for amazon sellers, I use the same as many sellers = Ashlin Hadden
Might be a dumb question but what is commercial insurance?
Hey Reezy I appreciate the content for real! But what are some brands I am ungated in as a fresh beginner? I only found one brand which is in the baby category.
Hello friend love the videos.
Well sorry long question. I got accepted to sell my first product. I listed the product, done images,sizes,shipping etc and now waiting for product to get shipped to Amazon warehouse.
When I finished the product listing in inventory the image of the product was there with number of units but now image is gone.
Is this usual till product get to warehouse and it comes back.
Much respect brother 🙏
I’m just starting out, is it better to use FBM on smaller amounts of product? Does FBM effect sales? Negatively obviously.
It's harder to get the buybox fbm but I still recommend you to start that way as you have more control and you can figure out the system w the items locally, and if you make a mistake you won't have to pay removal or disposal fees, not to mention you won't have to make Fba shipments. You'll still learn everything else and when you're sick of it or when you're comfortable you can switch to Fba and you won't have as much to learn all at once
Hey, I really appreciate all the content, we are a new seller, I do have a question when you have time,
We are in Illinois, but we opened up our business in Wyoming to get the tax advantages, the problem I’m running into is I didn’t realize our agency does not accept packages and I would have to use another address, would this be a problem with the ungate process? I hear that you have to have all the addresses matching up on the invoice. And if so, what would be your advice?
Thanks
Your invoice ship to address needs to match the business address of your amazon account
How do you get rid of hazardous materials review or how do you know if it is before you buy it?
You can see on the seller app, you have to press one additional button after you scan an item. It will have a caution or exclamation
And you tap that to see what it's for
And it will say. Alternatively, a third-party app like SellerAmp will be able to tell you www.selleramp.com/reezy
Hey Reezy you are a real inspiration I love your content. I have MS and I discovered amazon as a way to help me out. I am a new seller just sent in my very first set of inventory to Amazon. Haven't sold anything yet. I am very Hopeful. I am trying to learn as much as I can on OA. Do you have any tips for a new seller who is starting out with not a lot of funds to buy a lot of products with.
Hello Reezy thank you so much for the information that you share . Can you give me some advise on what to do when Amazon ask for Children Product Certificate and Test Product ?
I'm a stay at home mom for the last 7 years I have bad credit and no job history right now for a credit card. Is there a regular debit checking account
Hi Reezy, thank you so much for making these videos, these really help alot.
I'm in the process of setting up an LLC for my amazon seller account setup, for verification amazon require bank statements. Now as I'm new I'll be registering my llc using my ups mailbox address. Now on my business bank account statement, do I need to have my ups mailbox address so that I can pass the amazon seller verification. I've been told for verification all of the address should match.
Hey Reezy, I watch you videos all the time especially for guidance. I have a question about Amazon handmade. I’m using fba they are charging more than what the product is worth ( lip balm) is fba a good idea if not when is it good to use fba. Also I was told by customer service that if I’m a brand owner I would have shipping fee waved but I don’t see a wave. Any suggestions or info? Thank you in advance
I have zero experience w the handmade side of things. My guess is you need to charge more to cover the fees. See what your competitors are charging - you can find them by seeing "customers who bought this also bought" or "also considered" and just looking through those
when you send products to amazon do they scan the barcodes and add it to the corresponding listing or do you have to do that before you send the product and they update once received? Thanks in advance for any info!
You list it on the appropriate listing and then you create a shipment and send it to Amazon
Question: when you are scanning books are the results you get in new condition or something less?
Still waiting to get ungated but stocking up on books now. So the green go is based on what? tnx
We're selling used books as used. The scanner apps show used and new
@@ReezyResells Got it, thanks for the quick response.
I hope this isn’t too random! Maybe you can help me. I have an LLC set up and registered for my online clothing boutique. I’d like to sale my wholesale merchandise on Amazon. I’d also like to use my business name as my store name on Amazon. Can I ship my inventory to Amazon and have them use my personalized poly mailers for shipment? It’s mainly just to get rid of all of my existing merchandise so that I can began selling the way you do.
No, amazon doesn't do branded 3PL fulfillment, lots of other companies do tho
@@ReezyResells ok thx for the info, and thank you for giving out free gems of information!! I know you are truly blessed for paying it forward.
11:29: amazon will fight you tooth and nail to NOT reimburse you. They’ll ask you for an invoice. Then reject your receipt because it’s not an invoice. Then reject your invoice because it’s not exactly what they wanna see
Yes it's very automated and sellers get the short end of the stick. Sometimes you have to weigh if it's worth your time or not. It can help immensely to have a service to do it for you
I found a good product 4 days ago, and every day the rank and reviews are changing, will this affect my sales because it will take already 2 months to get into the amazon warehouse?
I'm assuming you're getting into private label? Think about it like this; you should be analyzing the data on the item for as far back as you can. This will help you to see how it performs over time. If by the time you get the product, the data shows it to be no good, then it was probably not good all along and you'd be able to tell that by amazon if the historical data on Keepa. 99% of the time this is true unless something crazy happens that's out of your control
@@ReezyResells OK thanks
What hardware do I need to get started for online and retail arbitrage I saw In your video that you were scanning and printing labels, where do I get that stuff?
Hey Reezy, do you have any advice on shipping? I’m doing well with finding product and selling but shipping is eating me up. Is the flat rate boxes at the post office the best way to go? Or should I go with the bags? The bags seem to be the best option. Thoughts? Also-who’s is the best to use? (Post office, UPS, FedEx)
Do you recommend opening a llc or going sole prior
Start as sole prop and don't setup LLC till you're doing a decent amount. There's no real benefit w LLC unless you need it to make wholesale orders and there's annual fees involved. This is a question better suited for your tax or cpa person because at a certain point you can make great tax savings vs sole prop or standard LLC by having an LLC that elects to file as an s corp. this allows you to avoid 15% self employment tax on your income by putting yourself on smaller payroll and taking everything you need above your payroll, as a draw. Standard LLC and sole prop, you're paying self employment tax
Man
I have a question about pod on central amazon seller, i dont get it my first shirt is live but the price it doesnt shows up
So you posted a shirt and it's not showing up on Merch on demand? That's weird, try posting the rest of your tier and see if they show up. I may need clarification to answer this, if you want to DM me on Instagram a screenshot I might be able to help better instagram.com/reezyresells - send me a screenshot of this question to remind me who you are
I really want to start. But I am scared that I will never be successful. I lost the job and don’t have a lot of money and afraid to loose…
Start w eBay and scale into amazon slowly. Use the free individual seller plan and boot strap it. Don't buy anything you don't need. You can learn at your own pace like this. I'll be here for you for any questions you have. Instagram is the easiest way to get at me tho
Love the video. Considering leaving the matrix. Do I need a business license to start selling? Are there any benefits behind making a business or llc when starting out selling FBA? I understand we're building a brand so I eventually need one, but while I'm dipping my toes in, is it necessary?
Thanks for any help you or your community has to offer!
Hey Reezy! Thank you for sharing all your knowledge. So, $4000, what do I do?
What's going on boss quick question do I make a new account with new email for the Amazon Seller platform I have a personal Amazon account that I use to buy stuff from Amazon and if you have a walkthrough video on how to set up everything in Amazon Seller platform great
Thanks Reezy you rock bro, remind me to add you to my will
Don't forget lol
Yes thousands to learn.
Man sadly i’m just getting started with RA, Seems like lately everything i type in seller central to be a possible product needs approval. So i’m ordering 10 units of a grocery product to get ungated. Any other tips or advice? I found a cheap grocery product not to make a profit but to get ungated.
Awesome video!!
Can we get something for online arbitrage or wholesale because some of us from Asia so only option is online shopping
Any advice for sneakers sellers on Amazon? I want to get to start in this niche.
Yep; Nike factory store, and other outlet malls have great supply. Try to buy stuff that sells through in 90 days max, and don't go in too fast w the spending or too lose with your buying restrictions. You'll run out of capital. Also make sure to manage pricing effectively and be willing to accept a loss on some purchases that don't go your way, so you can re-roll the dice on those dollars into better performing inventory. Aka don't marry your inventory
@@ReezyResells awesome advice! I can’t wait to get out of this grind. I’ll come back to this comment in the future and give you an update! Thanks again.
If I want to start selling out of my home and I will be the only one running the business which license will I need
None. Be a sole proprietor
Dear Reezy, you are truly an amazing individual. I'm astounded by your kindness and support, especially when you guided me to earn on this platform. Despite using various resources in the past without success, your assistance has made a significant difference. Your generosity and supportive nature shine through, and I appreciate the fantastic and helpful videos you create. Thank you for being such a wonderful friend, Regards, Faarid Irfan
Hi I got ungated for Nike, went to local Marshalls to buy some shoes, none of the boxes had top cover! Same thing at the Nike clearance store. How can I sell these on Amazon FBA? Thanks in advance.
Technically it's allowed but I don't recommend it. You can get white shoes boxes from Uline, or you can sell lower end stuff just in poly bags (not Jordan's or high end fashion). You can also get boxes from other resellers who sell without boxes (eBay usually), and then using a heat gun do a label transfer from your ripped box to the other one
@@ReezyResells Thanks, I think the Nike outlet store is better, I am also selling their duffle bags, are socks profitable?
Great 👍 keep it up 👍
How do I buy products and post them
hello! here is hussain from Pakistan. which model of amazon should i start as a beginner.
which should be safe and easy to earn more in minimum time and investment.
Im assuming you're intention is to sell on .com Amazon? So if you're in Pakistan, you should probably start with online arbitrage using a US based prep center and either sourcing deals manually (salesgazer+rabbit trail method) or doing that in conjunction w a software like tactical arbitrage bit.lY/TACTICALARBITRAGE
hey man I signed up for the course on the website but still haven't gotten the free course, is there anything else I need to do ?
You should immediately get an email afterwards that you have to approve to be on the list and then the course is delivered. If you didn't get it please DM me on Instagram
Will do!
If I could spend 1 day with you it would change my life. Also to do retail arbitrage do you need a llc? Rn I’m doing used books and so far I’ve got 2 orders within a week but I wanted to mix it up and try arbitrage but I don’t wanna buy product and get denied because I don’t have a llc
You do not need an LLC, you can be a sole proprietor. With either of those you can register your business w the state to get a sellers permit and purchase inventory sales tax free. Lmk if you have any more questions
@@ReezyResells you are the goat, you really motivate me to become something
The kids don't have to pay tax on the money because 12k is below the reportable amount of 12,950
They still have to pay payroll AFAIK. Thanks for watching
I heard in America there are many ways to not pay tax if you earn lesser than 40k a year.
how i can get label
Does Tactical Arbitrage work in Canada?
Yes, check it out bit.lY/TACTICALARBITRAGE
Kool thx reezy
I like FBA...becuase I understand how much I can gain the moment I scan the product with fees and shipping them to amazon, I don't understand how to see if I gain doing FBM for the shipping. Help!!!
You have to be familiar w shipping costs. You can use the usps calculator to figure that out, or pretend to ship on pirateship to somewhere far from your zip code and you can see it like that
if you make sure the product is not too big and you have enough margin for your product you can ignore those costs.