Hi! I`m very interested how do you find supplier with such a huge margin. I`m currently searching for wholesale suppliers and have few open accounts with some of them. They are legit suppliers but the prices they offer are putting me in negative. And I went through all of their inventory, there is no way I can find even 50 cent profit with FBA. For example Funko toys selling at $6.40 each and on amazon they are 11.99, only FBA fee is killing the margin. And a lot of other toys as well. I`m just trying to understand where the problem is, wrong suppliers or just wrong items for FBA?
Wow, I just found this channel and this is the 1st video that I have watched. Great content. I look forward to more updates and helpful information! I just subbed. Keep up the good work. :)
Hi Tom big fan, do You have a video how did you find different wholesale products and suppliers? Im trying to start wholesale, but I haven’t find a good method yet! Any tips? Txs.
Really informative. For the case pack that you were gambling on (the ones that Amazon had listed and periodically ran out of stock on), was the plan to hold on to them to merchant fulfill as soon as amazon ran out. Or did you send them in and list them at your price right away? Either way, I really like that strategy. A lot of people say to stay away from products that amazon list but your strategy makes so much sense. You are the first person that I have heard that has ever mentioned that. Thanks for the content.
I sent them in to Amazon so that way they were there and ready to go when they sold out. I wanted my inventory to be next in line after Amazon sold out. 9 times out 10 you want to stay away from products that Amazon is selling, but that's why I recommend Keepa. You can see how consistent Amazon being in stock is and if there's an opportunity for you to take a gamble like I did.
I liked seeing the breakdown of your wholesale order. I'm at the stage of finding my first supplier and placing that first order (watched your other video on this topic, too!). Do you have any tips on efficiently finding those profitable items, once you've gotten your account created with a supplier? I have RevSeller and Right Click Search Amazon installed and just check each item manually, but that's pretty slow. Thanks!
Definitely recommend a software like Tactical Arbitrage that scans inventory lists for me. There's a couple different softwares that'll help you scan lists similar to TA. Thank you for watching!
Congratulations on your business!! I started recently to watch your videos and already subscribed, you have a lot of good information! I have a question about this specific batch of products. Did you ordered all this different products to be sent to you house for a further preparation to send in to FBA or the supplier did that prep for you? I hope you understand my question. :-)
Thank you! The items shown in this video were sent to me and then I prepped and sent into Amazon. This supplier will ship direct to Amazon for me if I ask. The prep and labeling would be done by Amazon in that case.
I’m already ungated in most toys I’ve made small wholesale orders to do so but thinking about making some large ones. What would be the least amount of profit you would take per item?
I've been slowly increasing it and right now my minimum is about $2.50. As you can see in the video I'll dip below that for some assortments as long as there's enough profit on the other items.
With so many courses gurus out there one quick question why not manufacturers get direct relationship with Amazon. Is there a calculated risk of this occurrence and /or is this just part of the protocol of the program?
There's plenty of brands that work directly with Amazon. Amazon can't possibly work with every manufacturer out there though. Plus Amazon tends to look for very large manufacturers that can supply large amounts of products and may not work with smaller or medium size producers. There's probably plenty of other reasons why too.
Great video! Question, when you said you were going to wait until amazon sells out of that one lot, do you plan on sending the shipment in right away and mark it high or wait til AZ sells out to even send it into fba? Was trying to weigh the difference in losing a couple days in transit to fba when sold out or just have it sit in fba while waiting. Thanks!
I always send it in to wait. You never know when Amazon is going to sell out and so you want to have it ready to go so you can sell out quickly. Thanks for watching!
Path to Billions Gotcha. I have never looked into wholesale but that seems to be the next step after OA. When your wholesaling do most shipments come pre manifested? I noticed you said some items of lots weren’t profitable but others more than made up for those. Curious if that’s how most wholesale works?
For toys it's pretty common to come across those assortments because of the variety. You know what's in them, but you have to buy the whole assortment. For other categories you're more likely to buy individual items in bulk.
Let me know if you like these behind the scenes look into my Amazon business!
how did the gamble go, it's been a month since posting
Pretty good. Only one of the units hasn't sold out at Amazon so I'm still stuck with that one, but the other ones sold out.
I'm happy to see that you did well on this wholesale order. Looking forward to your future videos!
Hi! I`m very interested how do you find supplier with such a huge margin. I`m currently searching for wholesale suppliers and have few open accounts with some of them. They are legit suppliers but the prices they offer are putting me in negative. And I went through all of their inventory, there is no way I can find even 50 cent profit with FBA. For example Funko toys selling at $6.40 each and on amazon they are 11.99, only FBA fee is killing the margin. And a lot of other toys as well. I`m just trying to understand where the problem is, wrong suppliers or just wrong items for FBA?
fav page by far
Thank you!
A-ma-zing!! ... and you guys are giving all this great know-how away. 🏆
Thank you! I just want to help other people succeed.
Wow, I just found this channel and this is the 1st video that I have watched. Great content. I look forward to more updates and helpful information! I just subbed. Keep up the good work. :)
Glad you are enjoying the channel and videos! Thanks for the sub.
Hi Tom big fan, do You have a video how did you find different wholesale products and suppliers? Im trying to start wholesale, but I haven’t find a good method yet! Any tips? Txs.
I actually do have a video about finding your first wholesale suppliers! Please let me know if that helps at all.
Really informative. For the case pack that you were gambling on (the ones that Amazon had listed and periodically ran out of stock on), was the plan to hold on to them to merchant fulfill as soon as amazon ran out. Or did you send them in and list them at your price right away?
Either way, I really like that strategy. A lot of people say to stay away from products that amazon list but your strategy makes so much sense. You are the first person that I have heard that has ever mentioned that. Thanks for the content.
I sent them in to Amazon so that way they were there and ready to go when they sold out. I wanted my inventory to be next in line after Amazon sold out.
9 times out 10 you want to stay away from products that Amazon is selling, but that's why I recommend Keepa. You can see how consistent Amazon being in stock is and if there's an opportunity for you to take a gamble like I did.
I liked seeing the breakdown of your wholesale order. I'm at the stage of finding my first supplier and placing that first order (watched your other video on this topic, too!). Do you have any tips on efficiently finding those profitable items, once you've gotten your account created with a supplier? I have RevSeller and Right Click Search Amazon installed and just check each item manually, but that's pretty slow. Thanks!
Definitely recommend a software like Tactical Arbitrage that scans inventory lists for me. There's a couple different softwares that'll help you scan lists similar to TA. Thank you for watching!
@@pathtobillions8070 Righto, I'll check out your videos on TA, too, I haven't tried it yet.
Let me know if there's any other question that come up and I'll be glad to answer them.
Congratulations on your business!! I started recently to watch your videos and already subscribed, you have a lot of good information! I have a question about this specific batch of products. Did you ordered all this different products to be sent to you house for a further preparation to send in to FBA or the supplier did that prep for you? I hope you understand my question. :-)
Thank you! The items shown in this video were sent to me and then I prepped and sent into Amazon. This supplier will ship direct to Amazon for me if I ask. The prep and labeling would be done by Amazon in that case.
I’m thinking about doing some toy wholesale now I do mostly RA
It doesn't hurt to do both. Wholesale is a great way to get ungated so you can find even more toys through RA or OA.
I’m already ungated in most toys I’ve made small wholesale orders to do so but thinking about making some large ones. What would be the least amount of profit you would take per item?
I've been slowly increasing it and right now my minimum is about $2.50. As you can see in the video I'll dip below that for some assortments as long as there's enough profit on the other items.
Great video, did you find the supplier first and then analyzed a list for those products? O viceversa?
Yes, I found the supplier first. This supplier sends out weekly inventory lists that I scan for profitable products.
How often do you need to check your sales on your Amazon account and update this excel sheet?
Hey, this sheet was only created for the purpose of this video. I don't keep a sheet like this for every order.
With so many courses gurus out there one quick question why not manufacturers get direct relationship with Amazon. Is there a calculated risk of this occurrence and /or is this just part of the protocol of the program?
There's plenty of brands that work directly with Amazon. Amazon can't possibly work with every manufacturer out there though. Plus Amazon tends to look for very large manufacturers that can supply large amounts of products and may not work with smaller or medium size producers. There's probably plenty of other reasons why too.
@@pathtobillions8070 got ur points means there is still possibilities for us.
@@aestheticsluxury3968 Exactly. 3rd party sellers are over 50% of sales on Amazon.
Hey where do you find your suppliers ?
I have a video showing how to find your first suppliers.
Thanks great channel recently found it guess I haven’t got there yet
Great video! Question, when you said you were going to wait until amazon sells out of that one lot, do you plan on sending the shipment in right away and mark it high or wait til AZ sells out to even send it into fba? Was trying to weigh the difference in losing a couple days in transit to fba when sold out or just have it sit in fba while waiting. Thanks!
I always send it in to wait. You never know when Amazon is going to sell out and so you want to have it ready to go so you can sell out quickly. Thanks for watching!
Path to Billions Gotcha. I have never looked into wholesale but that seems to be the next step after OA. When your wholesaling do most shipments come pre manifested? I noticed you said some items of lots weren’t profitable but others more than made up for those. Curious if that’s how most wholesale works?
For toys it's pretty common to come across those assortments because of the variety. You know what's in them, but you have to buy the whole assortment. For other categories you're more likely to buy individual items in bulk.
Loved your analyze, got a bit tired with THAT many details. I had to skip a few min. Keep it simple (friandly advice) but keep up!! Thanks for sharing
Thanks for the feedback! I will keep that in mind for future videos. Thanks for watching.
Path to Billions More details the better! Love hearing all the advice. Appreciate all of it and keep it coming! 🙏 (Pause button always available)
Thank you! Glad you found it helpful.
@@kdot3578 AGREE! I like the detailed breakdown.
@@pathtobillions8070 definitely more details the better lol!! Great video buddy!!
Are you doing FBA? Are your profits including the fees?
Yes, I only do FBA and the numbers in the video include fees.
First!