Full Amazon Online Arbitrage For Beginners Tutorial (FREE COURSE)
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- Опубликовано: 13 ноя 2023
- Full Amazon Online Arbitrage For Beginners Tutorial (FREE COURSE) - Amazon Online Arbitrage Steps A-Z!
In this video I show you a full Amazon Online Arbitrage beginners free course to get you start with the best Amazon side hustle of 2023.
Auto ungating guide: • How To Get Ungated On ...
Let me know any questions below!
Q4 guide: docs.google.com/document/d/17...
Bqool full tutorial +: giveaway: • How To Setup Bqool Rep...
Bqool affiliate link: bit.ly/2TFgdQx (Get this once you have 10+ ASINs or if you wanna get started the easy way FAST)
Timecodes
0:00 - Intro & My Background
2:35 - Course Outline
3:20 - How the business model works
3:54 - Comparing Online Arbitrage to other Amazon Business Models
6:18 - Terms to Know
9:10 - Starting an Amazon Business and Beginner FAQs
12:48 - Supplies you need
14:06 - FBA vs FBM
15:39 - Getting Ungated
16:54 - Free Tools to Use
18:03 - What Software to Use Product Analysis
18:55 - Keepa
33:03 - SellerAmp and settings
45:27 - Profitable products examples
50:52 - How to find Profitable Product
59:47 - Profitable Product Found!
1:00:42 - Back to Sourcing
1:11:30 - Another Profitable Product Found!
1:13:07 - Getting your first sales up
1:14:24 - Discounting is key with OA
1:15:26 - Verifying that an OA supplier is legit
1:15:55 - Delegating your business
1:16:41 - Hiring a Prep Center
1:18:07 - Virtual Assistants
1:19:00 - Actions items for TODAY
1:19:44 - Tips to fast track success
1:20:22 - Outro
Product research ridealong: • Amazon Online Arbitrag...
SellerAmp Sourcing Tutorial: • How To Use SellerAmp |...
Keepa basics video: • How To Use Keepa For A...
Register for my next FREE live training! go.thefbaroadmap.com/register
Get auto-ungated in 100+ brands here: • How To Get Ungated On ...
Ungating with invoices needed tutorial: • How To Get Ungated On ...
Check out more tutorials here!
Beginner Checklist: • The Best Way To Start ...
Amazon FBA
Amazon FBA Online Arbitrage
Online Arbitrage For Beginners
Amazon FBA 2023
Amazon Online Arbitrage
Amazon FBA Product Research
Timecodes:
0:00 - Intro
Topics discussed:
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INCOME DISCLAIMER: Although we make every effort to accurately represent the services and/or products advertised on this page, Miles Longstreth provides no financial advice, nor guarantee of any income, that you will make any specific amount of money, or money at all, or that you will lose money. Results presented show what you may earn, however that is no guarantee and past results do not indicate future success or results.
Disclaimer: I am a co-owner of SellerAmp. - Развлечения
Thanks for watching! Any questions please comment Im happy to help!
More live sourcing: ruclips.net/video/mzmSo6D-oBA/видео.html
Auto ungating guide: ruclips.net/video/LWh4q4oZa_0/видео.html
Retail Arbitrage 101: ruclips.net/video/TiIpu95wm-Q/видео.html
SellerAmp Full Guide: ruclips.net/video/eCIlNROAG48/видео.html
Ungating With Invoices Full Guide: ruclips.net/video/ylw6gEeaZXE/видео.html
Any of ur videos show a step by step of u purchasing anything n the steps after that
As always, Thank you for lending the while course for us for free instead of selling like many other gurus. Appreciate your help!
I got you!!
I haven't finished the video yet. I appreciate your effort to make a free course for us. That is rare !
Fantastic video! Thank you so much. It's been a challenge to start OA and this gives me more clarity and encouragement.
Glad it was helpful! Let me know any questions
Thanks! Very helpful video!👏👏
Hell yeah, let me know if you have any questions
Thank you for all the information. Very helpful
You are so welcome!
Just a little friendly advice, you are naturally a fast talker.. but when it comes to talking fast and moving fast on screen especially during the graph analysis and explanation it becomes incredibly hard to follow. During calculations, geaphs, numbers, and showing features on how to use the software its a lot more helpful to slow down. Aside from that, thank you for offering such a great detailed video at no cost!
My bad my bad, I 100% need to work on this. You can also slow the video down!
@@Flips4Miles I mean I'm watching your videos on 1.75 just fine lol
Yes, I have the feeling,haha!
Just set playback speed
The video length and speed are dandy as this is supposed to be a comprehensive video. A crash course.
I agreed with individuals having difficulty to slow the playback and consider Auto-Generated Closed Captions though it can be slightly inaccurate.
Excellent advice - already finding deals & making sales. Thanks!
Fantastic! Thanks for watching PJ
Thank You!
No problem
Thanks, great info, and a lot of it fast. My head is spinning, but I took good notes and will spend next couple of hours unpacking it all. Day 1 is today!
Lets gooooO!!!!
Thank you so much❤
No problem
Thank you !!!!! I just wanna make it!
LFG
Amazing video, thanks for share this information !!
Glad you liked it!
Also sorry for so many questions. You have been very helpful and I really appreciate it.
Thank you so much for taking the time to put this together. I'm so glad I found your page. I'm sitting here taking notes as we speak. I live in Miami, too and as you know, its expensive.. Lol. So I am trying to soak up as much knowledge as possible..
Glad you liked it! Let me know how I can help.
@Flips4Miles Most definitely. I got all the product sourcing tools you suggested and installed all the coupon extensions. Today, I will be practicing product research and trying to get a feel of reverse sourcing...
Very interesting well i want to start this amazon business ❤
Any videos on what to do after you find your first winner arbitrage product? Like how to list it? How to package. What labels are needed on it? That’s all I need to know to get started after watching your video.
Sure, checkout this video; ruclips.net/video/TiIpu95wm-Q/видео.html&lc=Ugz51pI3Lh6fRNTDt5N4AaABAg
Really excited cause Amazon is finally launching in South Africa early 2024! Let's secure these bags!
LETS GET IT
I'm just researching and want to get into e-commerce and I would say this is great course and FREE!!! Thank you so much!!!
You're very welcome! LETS GET IT!
@@Flips4Milesdiscord link please
You’re welcome into e-commerce
Hello buddy. Thank you so much for taking the time to put this together. I'm from Pakistan. this video is literary to good for my hunting issue.👍
Glad you liked it!
You should get an award for this. Thank you 🎉
Appreciate you!
Miles, thank you sooooo much for this helpful informative video for people who want to start selling on Amazon!!!! Most sellers want to sell you this type of info and are Not will to tell you for free!!!! Dude you rock for all the tips and trick for this. May God bless you! My husband and I are eager to learn the FBA process and you make it so much easier to understand because it can be overwhelming with different information. Thanks and we have been watching your videos and will continue to do so!!!
LETS GO PRISCILLA
I just want to say. I wish you a GREAT 2024! This video will help a lot! I’m waiting to get verified. You are out here showing out with this information. Best video that I’ve seen! Thank you so much! 😊
Thanks Tenisha!!!
South East PA let me know when your back in town! West Chester here!
Yoooooo amazing hahah
Hey Miles,
Thank you so much for this FREE course and all your great videos!! I've been juggling between all the business models at Amazon and was leaning more to wholesale, but when I came across your videos and compared OA and wholesale FBA, it became really clear of what I wanted to do... Thank you! Now, in terms of buying products from big retailers OA, do you buy in bulk and send to Amazon warehouse for Amazon FBA or do you have your own warehouse and do Amazon FBM? I don't know if I missed this info or if didn't mention it. Thank you again!!
Buy in bulk, but also some FBM!
You do a marvelous job with breaking down information so that it is understood thoughtout the video. I’m going too be honest I thought that you needed a LLC and resale certificate and ex to sale on Amazon so you really don’t need it to start off, because I’m going to be honest that is whats been holding me back from executing not having my LLC but having the capital to buy inventory .
Yeah you dont! but even if you did its easy to get
It would be more better to show how to buy and sent to prep center and ship to Amazon everyone do like this videos do something different thanks for helping
Do you have advice on how to list the products after purchasing a profitable item? I understand the product research but I’m having trouble finding advice on actually listing your items after I receive it. Awesome video btw!
All you do is put the ASIN in on seller central where it says inventory then add product.
I appreciate all your videos and the help you give. What do you recommend for those just getting started and can't get ungated in big brands like Nike as they are now restricted?
Sell auto ungate items: ruclips.net/video/TD5C9cYhK50/видео.html and other big brands nice n easy!
I’m on approximately video #3 of yours. Thank you,by the way. Great info. I might have missed it bc I’m taking so many notes, but I have three questions before getting your app:
1. Is there a place in one of your tutorials that discusses the variables w/ shipping time. ie the shipping time to yourself and then to Amazon
2. Time it takes to hit the Amazon warehouse
3. You frequently refer to the keepa app. So then I assume we need to buy the keepa app on top of yours as well?
Thank you!! You’re great!!
Yes! Typically 3-5 days to you and 1-2 weeks from shipped to checked into amazon.
2. I like certain features of keepa and how it displays data, I recommend having both.
Question ,now with on line arbitrage i purchase the product and prep it and send it in to Amazon to ship? Is that correct, I'm new to this , but i loved the course
As a side hustle because I’m a serial entrepreneur, and two of my businesses run themselves. I’m looking into doing this just to make some extra money can NEVER HAVE ENOUGH! 😂 I did everything you listed in beginning of the video I’m hitting marshals tmrw too see what I can make happen
Hahah lets get it!!!
Please launch Selleramp for Japan
I literally LOVE! LOVE! your videos, excellent analysis boom everything is good it's just that you talk VERY FAST! I don't speak English so I use RUclips's Spanish subtitles and it's not your fault that I don't speak English but I try to understand and comprehend a little in English, and I try to understand, read the subtitles in Spanish, and read the graphics but it's impossible because of the speed. Thank you for your free content, thank you very much!
I love your content even if you are too fast... I do 100% of my part to understand ahahahaha
You talk fast but you're the best at explaining... Lol! People who create content in English usually produce quality content that's 100% explanatory and informative, and I found you because a guy saw me working in the sun and told me, 'girl, you're too young to work so hard, follow this guy Flip4Miles.' Then he says, 'I have 0 dollars in my bank account but I know this guy's content will make me a millionaire.' He then told me I deserve to see Flip4Miles' content and gave me your RUclips info. By the way, I'm also a big fan of jashustles thanks to your content-I LOVE you two's content. I will continue with patience, pausing the videos to try to fully understand the graphics and your content..."
@fbaFlips4Mile Thank you for the invitation to dive deeper with the full course and mentorship! I'm very interested, but I would like to know if you offer options in Spanish or with Spanish subtitles, as that would make it much easier for me to learn. Could you provide more information about what the course and mentorship include? Thanks again, and I continue to enjoy your content very much!
Sorry that was a fake account :(. This is me. you can click my name to verify. I'm gonna correct the talking to fast thing!! Tank you for the kind words
Do you have any advice how can i trade from Hungary on the us market?
You rock!!! Thank you for the info, super helpful. Trying to branch out, I'm currently just books and using Scanlister. Can Seller Amp replace it, or do i need to keep it for books and get Seller Amp for everything else?
SellerAmp is for OA
@@Flips4Miles very good I will obtain both then. I appreciate you.
Awesome video thanks for your help. As far as the offer section doesn’t that play a part in how things sell? I find a lot of great items but they just sit there for a while I figured it was because of where I priced it or it depends on the est time to sale?
offers? what mean
@@Flips4Miles the part where you see the other FBA & fbm sellers
Do you think the market is saturated ? Or do you think small people can still get in and make some money ?
Can you help please. Everytime I purchasing do OA my order sometimes cancels I’ll only order like 5 or 6 of that item they’ll say like they think I’m trying to resale there item. My shipping address and billing address is different because of my prep center is that why ?
My question here is that if i bought a stock from amazon should i look for some space to kept it here in Nigeria or i can sell it through online ?
How do you handle it when Amazon had your inventory but they lost it?
Hows your the rate of return orders for clothes/shoes listings? Is it that high or
Hey bro thanks for your videos I've been interested in this for a while now but have been putting it off. I'm ready to start now. One question though do you need a resales tax ID? Or not needed?
Nope it's not required, however it can help for RA and wholesale. A few OA websites take it.
Hey ! thanks for the video, I am french and for professionnal reasons I cannot create a company in France, is it possible to do this business in amazon US or somewhere else for a french guy? thanks a lot!
Hi,
Thank you for the great video. I am wondering if it is possible to do online arbitrage in the Amazon US market and ship inventory directly from suppliers to Amazon, as I am not a US resident and don't have a US address.
Hey bro, thanks for the value. Not sure where to ask this but would the tips you give on ungating Nike from 2023 still apply to 2024? Thanks!
Same exact methods!! ruclips.net/video/TD5C9cYhK50/видео.html
Thanks for the info Miles, amazing video I gained a lot from it. I wanted to ask though, say u found a profitable product (nike shoes for example), how many units would you buy and send over to amazon? I know in retail arbitrage you would only send a handful but how would it differ in online arbitrage?
Also, I am just starting out, do you think I should go to a marshalls first and start selling some products from there before I do online arbitrage? Thanks!
Super super light to start.
Just a few units!
Hey man thanks for the video. I notice Sellerramp is in dollars. Will it work for Amazon FBA in the UK in pounds?
It would've been good to also hear more about purchasing stock, and how much you should start with after finding a promising deal.
Thanks for taking the time to create this.
Yup it will calibrate bro! SellerAmp is actually from the UK
Thanks for the video! Would this be worth doing if you're overseas? For example, buying the product and shipping it to a warehouse/middle man that then sends the product to Amazon? Maybe if I bought the discounted product in bulk?
Yes! Overseas you would ship to a prep center.
Great video! Very informative and inspiring! Can I participate in Amazon FBA from the Philippines, and are there specific requirements for international sellers based in the Philippines?
Yeah you can, my best recommendation is to find other sellers in your area and work with them. Im not super educated on helping international sellers.
so when i bo in the nike store for example and find a good oroduct do i buy it from the store or online
Great video! I just learned so much from this. One question I have is that I’ve heard other creators mention that once you’ve registered for a seller central account as an individual seller you cannot change that account under a private business or LLC later on. Is this true? And if it isn’t how would you go about doing this
Nope you can change it whenever you want, just by updating your settings. Give Amazon a call prior to let them know.
Hello, how do you handle shipping costs? Sometimes i find good products but the shipping to the prep center kills my ROI, do i only need to look for websites with free shipping like walmart?
Good question, almost everywebsite as free shipping or a free shipping code.
For retail arbitrage is there a certain amount of items we have to sell? For example if we find a hoodie at the Nike outlet how many of those is required to sell ?
Nope you can legit buy 1 of stuff if you want! But for ungating youll need to do 10 of just one item to unlock that brand. Lots of brands are auto ungating too start here: ruclips.net/video/LWh4q4oZa_0/видео.html
I think I can do it
Yes you can
HI Miles, since the new fees took effect, what do you have the inbound shipping fees set to now? thanks
.70 per pound!
Thanks a lot for this detailed video. I just wonder how can we get away with 3 asin check while doing retail arbitrage. I'm really scared of this thats why I can't start with retail arbitrage. Because I know if it happens retail receipts gonna make a big trouble on amazon as far as I know. Appreciate your help, I've learned a lot.
its really easy I've beaten 100+ complaints on 150,000+ orders.
these days amazon ask you for invoice while doing OA , and many account have been deactivated, whats the solution ?
Hope you see this if I’m just starting do you think it’s smarter to start FBM since it may take time to get products checked in
Yup as a beginner.
I’m trying to get ungated in Nike I bought 10 of the same size but I can’t find it when trying to add a product does it matter as long as it’s the same product just different size or do I need to make a new listing
Hi Miles - do you buy closeouts and liquidations?
I personally don't, it can work tho!
Hello thank you for this great video. Where can I get the list of 100 brands that you mentioned you will give for free please? thank you again
THanks!! here: flips4miles.gumroad.com/l/ungating?layout=profile
Question, should I set up an llc for Amazon FBA? And If I do set one up, what state should I set one up in?
You don't need one, im not a Lawyer tho so I dont know ur specific situation haha. No clue.
Question - are you purchasing the products in bulk or just buying 1 product using the coupon and moving it FBA/FBM?
You eventually buy stuff in bulk but to start you do small test orders of 5-10 units
For someone just starting when you find one of these products that are profitable, How many do you order at a time of each?
You wanna test super light, around 5-10.
Would you guys say its best to avoid nike, adidas and big brands as a first item to sell on amazon, new store so no previous sales or reviews etc? Also if i do find say nike hoody thats a good product to resell, do i need to buy 10 to provide the correct receipt/invoice to amazon for authorisation to sell?
there is zero reason to avoid that stuff. In fact thats some ofnthe best to sell. Reviews don't matter
For fbm if I don’t have a label printer can I print everything I need out with a regular printer
Yup you can
Time Stamp 34.33 you talk about misc fee at X amount for taxes what if you have a Resale Cert will these different stores take reseller cert if your ordering online?
You cant do that on most sites, Walmart for example u can though!
Great video Miles. Thoroughly enjoyed it. Is Selleramp UK friendly?
Yes! It's actually from the UK haha
With the Nike stuff is a lot of it gated
Start here: ruclips.net/video/LWh4q4oZa_0/видео.html
19:00 for future use by me
My guy Aaron! Any questions?
Hi! New seller here! this material has been soooo heloful! I've been on here for the past 8 hours no lie just takingnotes lol can you please clarify something for me tho? At the 52:20 mark you say "the sweet spot in terms of sellers to use store front stalk is typically in "100-150, 500 ASIN Range" but then you started to list all the good BSR's.... so I've been picking my braing trying to understand whta you ment. Was that an error and did you mean to store front stalk to BSR range should be 100-150. or did you indeed mean the ASIN should be 100-150? Please Clarify this for me lol Thank you so much again!
Oh sorry haha - BELOW 100-150,000 sales rank haha. The lower the better..
Thanks for watching!!
Question if I already have an Amazon dropshipping store and would like to do some fbm/arbitrage where I list products on Amazon and ship it myself to customer: do I need to apply for a separate Amazon seller account?
Nope, do on the same!
Im doing great just because of your videos I have so much of a better knowledge I set up every thing perfect seller amp keepa seller central but im only having one issue I'm finding winning products but im lost because I have nothing ungated can you tell me the top brands and categories to ungate 😕
Yup use this ruclips.net/video/LWh4q4oZa_0/видео.html
If your starting out fbming do you just send in credit card statements, receipts?
? Its the same FBM or FBA haha
Can you elaborate on the IP complaints issue ? Why would only small or mid size brands would file an IP complaint and not big brands ? And why would we worry about these complaints if we have the invoice
Some brands dont want random people selling their stuff!
Is your name Miles? Im sorry if I missed it but id like to address you as such. You are a gem, you are appreciated.
Thanks!!
27:10 why is it important to see where the Bb is going?
So you know where to price your product
Can I at first sign up to be an individual seller then change to do FBA?
yes you can!
Best free game
Thanks bro!!
I had a question as well in my research I’ve found that Nike and underarmour are some of the most profitable brands but they require approval before you can list their products. Is this part of the un-gating or is there other steps to be taken for this.
It's very easy to ungate and yes thats the ungating process! Use this guide Daniel: ruclips.net/video/TD5C9cYhK50/видео.html
Hey I'm in Fort Lauderdale :) do you know any FBA or FBM's that live up this way, I know you're in Miami.. I'm just starting out and I'd love to be able to know how to find a group of folks here to get together with... Love your videos...
Sure Tammy post in our free discord youll find a ton: flips4miles.gumroad.com/l/BUYKO?layout=profile
@@Flips4Miles thank you Miles and I would love for you to be my mentor but just because you're in Miami and I'm up here I don't think that can work because no offense I won't drive to Miami at all I used to live in Kendall then bought a condo on South Beach and I just don't like the traffic down that way are you be my mentor in 2 seconds.. but I'm looking for a more hands-on experience and not just something where you're doing a zoom or calling..
Had to put it in 0.75x cause bro was going fast😭
Hahha
What if I find a product that amazon is the only seller but I found a great deal on the item?
You probably can't list it, youll need to search other items in those brands to see If they have items with other resellers on them
Can I use your apps like seller amp and keepa from Canada, I’ve had chrome extensions in the past that for some reason don’t work on Canadian sites. Wondering if there are any obstacles when doing Online or Retail Arbitrage in Canada.
Thanks brother.
Yup you can!
Hey, I have a huge "?" with the OA. What happens when Amazon asks for an Invoice, not a receipt. As I understand they can ask it randomly or due to an authenticity claim. As we source the products from Online retailers will Amazon accept our Receipt as an Invoice? I see a lot of sellers getting suspended because of Walmart and other receipts... Is there any strategy or tactic you do in these situations?
Yup, just like ungating they do
so first step what app i download? amazon seller app?
Here's a full step by step guide: ruclips.net/video/GhwWwdBWQA4/видео.html
This tutorial is awesome! Super quick question i hope you can help me with...Our Prime account is under my husband's name. Do i need to have on under myself or can i create a seller account under his Prime account?
You can do either doesn't matter
Hello, thank you for making this Video. But I have a doubt that amazon doesn't let people who are not the brand owner or those assigned by the brand to sell. Sell brand products Due to copyright issues I would like to know how to sell it. Or is there any course that tells details about this? Please show me the way.
Thank you very much!
Look at the listings and see for yourself lots of people happily selling them
How to apply as VA from you sir? i have already experience sourcing in OA US market for 2 years hope you notice my message thanks
So do you ship it to you and then to your prep center
Nope you either ship to you then you send it to FBA OR the prep center receives it for you then sends to FBA
I love the video , but keepa part is very difficult to understand 😩can you help
Maybe slow down the video? Sorry it's hard to understand. You'll learn more the more you do. Here is another Keepa tutorial: ruclips.net/video/ZFcqJVBjSoI/видео.html
How can I be a seller evenif I'm just in Philippines?
This is an extraordinary journey. Can you please share if this scale is possible for someone living in Canada (and wants to sell in US mktplc)?
Yup for sure! I know lots of 7 figure sellers doing OA from Canada. Its harder though for sure.
thank you, very reassuring. I just hate that I as an H-1B visa holder cant work for a minute for a business/employer that my visa is not attached to. Hence applied for permanent residency up north, cant wait to make a living with this!
Once you get ungated say for garnier, do you get ungated for all brands or you have to buy from each brand you want to sell??
You get the entire brand unlocked, many brands are auto approval too!
Will the discount extension change the total on the site or do you have to do the math and figure out? I think the discount is on but I don’t want to buy something and then find out I didn’t get the discount
It changes total on site
Is it smart to buy something super cheap and hold on to it until it’s the right season? For example buying a winter item in spring and waiting until winter to sell??
yeah but I wouldn't recommend it if ur a beginner. Just buy stuff that;s profitable today.
Thank you, also how do you decide if you should do FBM or FBA for an item….is there one certain factor that determines what is best?
Yes! If other people are FBMing a listing, it makes sense to test it. Here is a quick guide for estimating FBM costs and such - docs.google.com/document/d/18PmgbGWuopV7vY5jR0O5vtf3YI8rImubAnh59YJP384/edit@@samantharodway175
Hey flips in online arbitrage which model is safe fbm or fba?
Both! I sell lots with both!
the nike black shoes you show is 2 different complete color, so its not sold on amazon.
Which
i didnt see on my apps this option who won last time buybox which subscription you have ?
SellerAmp, you need to toggle it on in your settings on SellerAmp.com