This is a fantastic video. You just answered questions that I had on where and how. I have been watching different videos to learn Amazon FBA, but you, sir, have given it to us step-by-step. THANK YOU so much
Great video. I would also add the How Many extension to the list as well. Great resource to check the competitions inventory. Thanks for sharing Stephen.
A few questions please please answer: 1. Do you recommend scoutify or profit bandit? What's the difference? 2. Besides "it depends", if you had a gun to your head and had to give a definitive answer to the question: " about how long does it take your average item to sell, if you had to estimate an average sit time, what would it be?? 3. How do you navigate the brand restrictions and gated categories? Will these policies severely limit your sourcing selection? Is there any money in ungated categories?? Thanks in advance and thanks for an informative video
1. Scoutify 100% - Better access to the data you need to make the best sourcing decision possible. You can get a free month of Scoutify by signing up for Inventory Lab here: www.fulltimefba.com/inventorylab 2. For the items I source, it's about a 20 to 25 day average. Now, please put the gun down. :-) 3. If I'm brand gated, I apply to get approved. If that doesn't work, I apply again in about 3-6 months or so (after earning 3-6 months worth of excellent seller metrics). Sometime just a little time and a good track record will help you get approved in some of the brands. I've tried this method and it works well. If I'm denied again, I try again in another 3-6 months. And yes, there is money in every category. But don't spend to much time focusing your energy on what you can't have... but on what you do have available and spend all your focused energy on what you can do... and doors will open for you in due time.
Really like the energetic and informative nature of your videos. I'm seriously considering launching my own FBA store, but still hesitant about the RA model. Most of the Amazon forums have negative comments about arbitrage and a large number of brands have become protected. What is your stance on this?
That's because most people have a fixed and negative mindset. I've been hearing for years the "RA is dead" but I'm still killing it with RA... and others are still using RA to make multi-millions of dollars in sales! Yes, brand restrictions are a speed bump, but did you know you can apply and be auto-approved for some brands simply because you've had a good track record on Amazon? If you apply today and get denied, try again in 6 months after keeping great seller metrics. It might work the 2nd or 3rd time you apply.
Question for you. In regards to sales rank, how much do the sales rank of the sub categories matter. Say it's 50k in toys Then 2k in dolls for example.
Stephen thank you for your wonderful content s,I could not download my sales rank chart on my your website,I see the link and when I click on it it does not respond.
I understand your video on how to determine which products but the question is where do I get the products? How do I find the wholesaler who will sell to me? Thanks
Hi Stephen, it's great information. I have quick question . I have one different kind of items and inventory is 1 piece or 2 piece. Still can I sell in amazon? Another thing what if amazon price low than my list price, my items sits there for long time . Is that true?
Here is how to know when Amazon is a seller: www.fulltimefba.com/readkeepa And a few links about the buy box: www.fulltimefba.com/thebuybox www.fulltimefba.com/winthebuybox
Great info! Curious what the overall sales potential is of Amazon FBA in 2017. Is arbitrage on the way out and we are headed towards private labelling?
I would say it depends on what you want to do. Are you trying to make a full time living solely off arbitrage? You might struggle. Are you just trying to make some extra money each month? It works great!
I've been hearing for years the "Retail Arbitrage is dead" but I'm still killing it with RA... and others are still using RA to make multi-millions of dollars in sales! Yes, brand restrictions are a speed bump, but did you know you can apply and be auto-approved for some brands simply because you've had a good track record on Amazon? If you apply today and get denied, try again in 6 months after keeping great seller metrics. It might work the 2nd or 3rd time you apply.
Great video and very helpful. Would you please tell the name of the app that you were referring to at the beginning. "Scout a file" I am not so sure if that is the name. Please assist.
Any sales rank that averages anywhere above the top 5% in it's respective category will not usually sell very quickly. I focus on finding items to sell on Amazon that have a sales rank in the top 3% of it's category. To get a free sales rank chart where I break down each category and what sales rank numbers fall into the top 1%, the top 3%, the top 5%, and even the top 10%, go here: www.fulltimefba.com/salesrank
In order to get the buy box do you have to have lowest price? If Amazon has the lowest price but we match the price and we are selling FBA then do we share the buy box with Amazon automatically?
Here is a video I did about the buy box: www.fulltimefba.com/what-you-need-to-know-about-the-amazon-buy-box/ And another one on how to win the buy box: www.fulltimefba.com/how-to-win-amazon-buy-box-maximum-sales/
You can download a keepa extension if you're using a Google chrome browser.... I also use Keepa using the Scoufity app (that comes with Inventory Lab: www.fulltimefba.com/inventorylab).
Let me know something.When we buy the 14 usd course do i receive the Monthly Updated Sales Rank Chart for 2019?How offen it changes?Do i receive the changes for free?Let me know as soon as you can. Thanks
You get the latest update of the Sales Rank chart, but Amazon changed the way we get the information, so it's not updated monthly anymore. BUT the current chart is still applicable to today's Amazon platform. I still use it and it works for me great!
Do you have a video where we could buy items and they go directly to Amazon FBA with me having to do all the labeling ect.? Or if you don't have a video regarding this. Is this out there that Mfg will do this for you? (I think I have seen some video's about this - ??)
All of them... Shoes is our most profitable year round and that's why we wrote the book on it: www.fulltimefba.com/selling shoes. Toys & Games is also amazing because of holiday sales AND of course, kids have birthdays year round. Book is awesome too for the ROI potential. But we focus on any product that will give us a profit.
The app is called Scoutify... You can get Scoutify with Inventory LAb. You can get them both for free for a month by going to this link and signing up for Inventory Lab: www.fulltimefba.com/inventorylab.com
Full-Time FBA I haven't been to garage sales but I've been to a few Goodwills. I don't find new things there, everything is beat up and I don't want to risk negative feedback. I've also checked out Walmart, Ross, Tjmaxx, Marshals, Big Lots, Toys r us clearamce sections and either they are no good or restricted. I just joined FBA this month so restrictions might be the problem. I'm not giving up but feel like I hiy a wall and need to learn more before I feel like I'm just going out and wasting my time. I watched a few of your videos and think I should try scanning EVERYTHING, as I have only been looking at clearance so far.
Ggreat video I love your help and contribution specially for beginners. Thank you
We truly appreciate your videos. Great job! Thank you.
This is a fantastic video. You just answered questions that I had on where and how. I have been watching different videos to learn Amazon FBA, but you, sir, have given it to us step-by-step. THANK YOU so much
Thank you for your kids words.
I really like your videos. You share tools that you use and that a great help to me as a beginner. Thank you
Great video. I would also add the How Many extension to the list as well. Great resource to check the competitions inventory. Thanks for sharing Stephen.
Yes! I love to use How Many almost every day. If others are reading this and want more info about How Many, go to www.fulltimefba.com/howmany
Awesome video man thanks so much.
Great video, thanks for the share!
Have you created a slidescale showing BSR vs number of sellers? Example 1000 BSR 20 sellers, 10000 BSR, 10 sellers 100000 BSR 3 sellers etc
I have not, but it's a great idea.
You are great and make sense
Great information, Stephen. Thank you!
excellent video ! thank you
A few questions please please answer:
1. Do you recommend scoutify or profit bandit? What's the difference?
2. Besides "it depends", if you had a gun to your head and had to give a definitive answer to the question: " about how long does it take your average item to sell, if you had to estimate an average sit time, what would it be??
3. How do you navigate the brand restrictions and gated categories? Will these policies severely limit your sourcing selection? Is there any money in ungated categories??
Thanks in advance and thanks for an informative video
1. Scoutify 100% - Better access to the data you need to make the best sourcing decision possible. You can get a free month of Scoutify by signing up for Inventory Lab here: www.fulltimefba.com/inventorylab
2. For the items I source, it's about a 20 to 25 day average. Now, please put the gun down. :-)
3. If I'm brand gated, I apply to get approved. If that doesn't work, I apply again in about 3-6 months or so (after earning 3-6 months worth of excellent seller metrics). Sometime just a little time and a good track record will help you get approved in some of the brands. I've tried this method and it works well. If I'm denied again, I try again in another 3-6 months. And yes, there is money in every category. But don't spend to much time focusing your energy on what you can't have... but on what you do have available and spend all your focused energy on what you can do... and doors will open for you in due time.
Full-Time FBA thanks for the fast response
Really like the energetic and informative nature of your videos. I'm seriously considering launching my own FBA store, but still hesitant about the RA model. Most of the Amazon forums have negative comments about arbitrage and a large number of brands have become protected. What is your stance on this?
That's because most people have a fixed and negative mindset. I've been hearing for years the "RA is dead" but I'm still killing it with RA... and others are still using RA to make multi-millions of dollars in sales! Yes, brand restrictions are a speed bump, but did you know you can apply and be auto-approved for some brands simply because you've had a good track record on Amazon? If you apply today and get denied, try again in 6 months after keeping great seller metrics. It might work the 2nd or 3rd time you apply.
You're a good man. Thank you.
thank you for your wonderful content
Question for you. In regards to sales rank, how much do the sales rank of the sub categories matter. Say it's 50k in toys
Then 2k in dolls for example.
I usually ignore sub-category sales ranks.
Stephen thank you for your wonderful content s,I could not download my sales rank chart on my your website,I see the link and when I click on it it does not respond.
Thank you!
I understand your video on how to determine which products but the question is where do I get the products? How do I find the wholesaler who will sell to me? Thanks
Here is another video that should help with that question: ruclips.net/video/PetNjXxyNmc/видео.html
Another great video.
Could you talk more anut buy box?
Do you have a video about launching strategy ?
Two great videos: ruclips.net/video/HCd7EnbHvIA/видео.html and ruclips.net/video/YyuaIlgMkmY/видео.html will help you with the buy box.
thanks
Great video, thank you. I was hoping it would have some "where" info though. Thats where im stuck.
Thanks
Here are some ideas: www.fulltimefba.com/rawebinar
Full-Time FBA thanks for the answer, know you"re busy but still respond and help. Thanks again.
Can you point me to your BSR chart?
www.fulltimefba.com/monthly-updated-sales-rank-chart/ is the place to get it.
Thank you for the video
Hi Stephen, it's great information. I have quick question . I have one different kind of items and inventory is 1 piece or 2 piece. Still can I sell in amazon? Another thing what if amazon price low than my list price, my items sits there for long time . Is that true?
How do I know when Amazon is one of the sellers? Is this something I know when I’m out scouting ? Also. Do you have a video to understand the buy box?
Here is how to know when Amazon is a seller: www.fulltimefba.com/readkeepa
And a few links about the buy box: www.fulltimefba.com/thebuybox
www.fulltimefba.com/winthebuybox
Keep it up!
Great info! Curious what the overall sales potential is of Amazon FBA in 2017. Is arbitrage on the way out and we are headed towards private labelling?
I would say it depends on what you want to do. Are you trying to make a full time living solely off arbitrage? You might struggle. Are you just trying to make some extra money each month? It works great!
I've been hearing for years the "Retail Arbitrage is dead" but I'm still killing it with RA... and others are still using RA to make multi-millions of dollars in sales! Yes, brand restrictions are a speed bump, but did you know you can apply and be auto-approved for some brands simply because you've had a good track record on Amazon? If you apply today and get denied, try again in 6 months after keeping great seller metrics. It might work the 2nd or 3rd time you apply.
Full-Time FBA Love your attitude man!
Great video and very helpful. Would you please tell the name of the app that you were referring to at the beginning. "Scout a file" I am not so sure if that is the name. Please assist.
It's Scoutify, found at www.fulltimefba.com/inventorylab
Do you have a bundle price for all of your courses?
I'm sorry, but I do not. Pick and choose your favorites here: www.fulltimefba.com/our-trainings
I don't understand the Buy Box. My prices are always much lower than the buy box so why wouldn't a buyer buy from me instead
Check this out for tons of free info on the buy box: www.fulltimefba.com/thebuybox and www.fulltimefba.com/winthebuybox
When Amazon asking for document for approval, should I send them the receipt even though it's also show coupon applied?
They only way to get approval for brands asking for invoices is with a wholesale invoice. Retail receipts are not accepted.
Ok you probably don’t get the buy box if you are posting used items I assume? Even if they are “used-like new”?
Only in books... they sometimes will have a used buy box for some books... but other categories, only new items get the buy box.
So what is considered to be a bad sales rank in general? thanks
Any sales rank that averages anywhere above the top 5% in it's respective category will not usually sell very quickly. I focus on finding items to sell on Amazon that have a sales rank in the top 3% of it's category. To get a free sales rank chart where I break down each category and what sales rank numbers fall into the top 1%, the top 3%, the top 5%, and even the top 10%, go here: www.fulltimefba.com/salesrank
In order to get the buy box do you have to have lowest price? If Amazon has the lowest price but we match the price and we are selling FBA then do we share the buy box with Amazon automatically?
Here is a video I did about the buy box: www.fulltimefba.com/what-you-need-to-know-about-the-amazon-buy-box/
And another one on how to win the buy box: www.fulltimefba.com/how-to-win-amazon-buy-box-maximum-sales/
Does Keepa have to be downloaded to my desktop in order for it to work? I tried to find their app but could not find it.
You can download a keepa extension if you're using a Google chrome browser.... I also use Keepa using the Scoufity app (that comes with Inventory Lab: www.fulltimefba.com/inventorylab).
Let me know something.When we buy the 14 usd course do i receive the Monthly Updated Sales Rank Chart for 2019?How offen it changes?Do i receive the changes for free?Let me know as soon as you can.
Thanks
You get the latest update of the Sales Rank chart, but Amazon changed the way we get the information, so it's not updated monthly anymore. BUT the current chart is still applicable to today's Amazon platform. I still use it and it works for me great!
how do you even figure out what the buy box price is??
You can find the answer in this video I did about the buy box: ruclips.net/video/HCd7EnbHvIA/видео.html
Do you have a video where we could buy items and they go directly to Amazon FBA with me having to do all the labeling ect.? Or if you don't have a video regarding this. Is this out there that Mfg will do this for you? (I think I have seen some video's about this - ??)
I don't have a video like that yet.
freaking awesome
What Categories do you like to sell in?
All of them... Shoes is our most profitable year round and that's why we wrote the book on it: www.fulltimefba.com/selling shoes. Toys & Games is also amazing because of holiday sales AND of course, kids have birthdays year round. Book is awesome too for the ROI potential. But we focus on any product that will give us a profit.
whats the app´s name please?
Scoutify... It comes bundled with Inventory Lab. You can find more info here: www.fulltimefba.com/inventorylab
copuld you send the app name can not hear the name thanks
The app is called Scoutify... You can get Scoutify with Inventory LAb. You can get them both for free for a month by going to this link and signing up for Inventory Lab: www.fulltimefba.com/inventorylab.com
Thank you for your great videos
Please when you have chance I would like to talk with you offline. Looking for mentor for help on FBA on Amazon.
www.fulltimefba.com/coaching
50 to 100% ROI? I have a hard time finding things that are 50%, I never see things that are 100%. I must be doing something very wrong...
Where are you looking? Garage sales, thrift stores, and clearance aisles at retail stores are all great places to start.
Full-Time FBA I haven't been to garage sales but I've been to a few Goodwills. I don't find new things there, everything is beat up and I don't want to risk negative feedback. I've also checked out Walmart, Ross, Tjmaxx, Marshals, Big Lots, Toys r us clearamce sections and either they are no good or restricted. I just joined FBA this month so restrictions might be the problem.
I'm not giving up but feel like I hiy a wall and need to learn more before I feel like I'm just going out and wasting my time. I watched a few of your videos and think I should try scanning EVERYTHING, as I have only been looking at clearance so far.