How To Sell On Amazon FBA For Beginners (A Complete, Step-By-Step Tutorial)

hey guys Stefan here from project life mastery comm in this video I'm going to show you exactly step by step how to sell on Amazon and how to build a profitable online business using the Amazon website I'm also going to show you how to private label a product so that you don't have to invent something that's brand new you can essentially find a product that's already selling on Amazon and find a supplier or a manufacturer that's already making that product and then you put your label your design your packaging on that product and then send that to Amazon and then Amazon will essentially do almost everything else for you Amazon will handle the fulfillment for you they'll store your inventory in their warehouses they'll ship your product they'll handle all the payment orders in the processing they'll help market it and sell your product on their website they'll also help do the customer support for you as well which is pretty amazing so this is an amazing business and this video is part of a series that I'm going to be releasing that's going to go in a lot more detail on exactly how to sell on Amazon and share into you all the logistics all the step-by-step processes and procedures to setting up your product so that you can sell it on Amazon and if you don't have a product I'm also going to share with you how to find profitable niches markets and products that you can sell how to find a supplier how to market and sell your product on Amazon as well so I've got a lot of great free videos for you this video it's going to be an overview of how Amazon works how how to sell on Amazon and walk you through the steps of that but if you guys want access to more the free video training that I'm going to be releasing then I want to encourage you to click the link below I'll probably have a button that will appear right here but also click the link in the description as well if you're on a mobile device then click the link on the description and enter your email address on there and you'll get notified and access to all the additional free Amazon training videos that I'm going to be releasing so I hope you guys enjoyed this video we're going to get started and I'm going to show you and walk you through hell Amazon works and how you can get started selling on amazon.com let's begin in this video I'm going to show you how to sell a physical product on seong calm through Amazon FBA now this video is going to be an overview of how Amazon works and I'm gonna briefly kind of show you how it works in the processes to get set up step by step on how to sell on Amazon and how to start making money from Amazon however I'm going to be releasing some more in-depth videos that are going to walk you through step by step each of these different processes and in order to get access to them I'd recommend that you subscribe to this YouTube channel or you click the link in the description or go to project life mastery comm / FBA project life mastery comm / FBA that's where I'm going to be releasing a lot of these free videos are they're going to walk you through step by step the process but for now I'm going to give you an overview in this video because really this video would go on for hours if I try to show you everything step by step ok so here I am on Amazon calm now Amazon is probably knows the multi-billion dollar online retailer they have millions and millions of customers that use their website and buy from their website they have millions of credit cards already in their system on their website and so when someone wants to buy a product on it you know they just have to press one button one click it's actually called a one-click Buy which is actually a patent that Amazon owns and so Amazon is just a great opportunity to sell any product out there because there are a huge search engine of millions of customers that are searching for products that you can tap into and make a lot of money from and the great thing is Amazon can also do all the fulfillment for you as well they can hold your product your inventory at one of their fulfillment centers they can ship your product do customer support for it and they just take a fee a cut out of that and but really they're doing most of the work for you which is great so it's an amazing platform to use if you want to get started to sell a product online and make money from it now I'm also big on private labeling a product which I'm going to explain a little bit about in this video and future videos as well private labeling essentially means that you're finding a product that's already selling and it is already a manufacturer or supplier that's already made getting that product and you're putting your logo your packaging your design on that product and selling it on Amazon so you don't need to invent the product you don't need to try to come up with something brand new all you have to do is find what's already selling on Amazon and find a supplier that can make that product put your logo or your brand name on it ship it to Amazon and sell it on their website and market it and promote it so that's an overview but I'm going to walk you through the steps of this now right here is one of my favorite pages on the Amazon website and I'm going to have a more in detailed video coming to you soon on how to find profitable niches and markets on Amazon but this is the Amazon best seller list and you can just you know write down this link here if you'd like this is basically showing all the products that are selling on their bestsellers on Amazon there's really millions of products that are selling on Amazon but these are the bestsellers and it's divided into different departments or categories so if I were to give you an example in the sports and outdoors category and sports and fitness you can start to see all the top products that are selling in this category if I want to go a little bit more narrow let's say to yoga I can go a little bit deeper now there's so many categories as hundreds and even thousands of categories on Amazon and you can dig around and see what's selling but just to give you an example in the yoga category yoga equipment these are the top products that are selling this is the top 100 list of the top yoga products that are selling on amazon.com as you can see you can scroll through to the top hundred of them now you can see that these products are already selling and let's say that you decided that you wanted to sell a yoga mat as your product and you've done the research its profitable all this sort of stuff and you know you can look to see these products how they're done and everything but let's say you decided on a yoga mat what you'd want to do is do a search on Amazon go to all departments here and type in yoga mat now I want you to think of Amazon is a search engine it's a number one paid search engine in the world people come to Amazon to buy stuff totally different from Google or Yahoo or Bing people go to Google because they're looking for free information a lot of the time but on Amazon it's very clear that they're there to buy something they're looking to buy a product or be some more research on a product and their credit card is already linked to their account so when someone types in yoga mat they're looking to buy a yoga mat and ideally the higher up that you can rank your product and have it here on their website the more money that you're going to make from that product so as you can see for yoga mat there's a lot of different products that are available different colors different designs you know the products have their different prices Amazon reviews for each of the products as well you know all all different types of products and some of these markets such as this I mean products you could be on the fifth page of Amazon for it and still be making a lot of money from it now ideally you want to have your product show up and market it and promote it so it's high up on their website that's what it's going to lead to the most money that you're going to make from your product but really it doesn't have to be in some of these markets because they're so big now let's say that yoga mat was a product that you wanted to sell okay you've determined this is a profitable market you're passionate about it you want to build a brand on this as well the next step is to find a supplier that is already making this product for you that you can you can put your logo your logo your label on and private label it and then ship it to Amazon and sell it one of my favorite ways of doing this and again I'll have another in-depth lead video on this is using the website alibaba.com here at Alibaba they have millions of different products and suppliers that you can find products on so if I were to type in yoga mat and you can type in almost any product you're going to see all the different products here that suppliers are making that are yoga mats you can look to see all the different designs that they have the colors the material just so much information here and let's say that you decided on one of these products well you can then contact these suppliers and find out the price how many orders units that you want to order as well you know some cool different designs here so many different colors so let's say you decided on well just go to the number one one okay let's do this one here okay so this one here the price of it is anywhere from two to ten dollars per per yoga mat and they have a minimum order of 500 units well you can order from this supplier let's say it does cost you five dollars you can order a hundred units okay which will cost you five hundred dollars for those hundred units you can have your logo put on it select the color everything you want for this product and order this from the supplier from China you know usually when you go overseas you get your products much much cheaper than in the United States however you can still find products in the United States as well but let's say you decided on this one they're essentially going to you know put the logo you know whatever product that you want they're going to ship it to Amazon and then you're going to create an Amazon listing for your product similar to what these guys here have already done now a lot of these products here that you're seeing are just private label products you know I'm sure you can find a lot of these products already on Alibaba and find out who their suppliers are so this is a very common process that a lot of sellers use is just you know deciding on a product that you want to sell finding the supplier that's already making it decide on the color the feel the look the design of it put the logo on it ship it to Amazon set up a listing and start selling it oops let me fix that so it's a pretty straightforward process there's obviously more logistics involved than I'm going to walk you through but that those are the main ones just the overall concept of this of how you can get started doing this now some products are very inexpensive to make you know yoga mat might not be the best example but you know people often ask me do I need a lot of money to get started selling on Amazon and the answer is no you know one example I was using in another video is a sleep mask and some of these products as you can see cost as low as 20 cents even ten cents to make per sleep mask well if you go to Amazon and you type in sleep mask some of them are selling for 1213 dollars eight dollars twelve dollars so if you're getting your product made for 20 cents you could order a thousand units of a sleep mask let's say for $200 ship that to amazon.com and sell it for twelve dollars that's an amazing profit margin now of course there's going to be some shipping fees and some Amazon fees with that as well but the profit margin is still really really good anytime you can have a 50% profit margin or better that's pretty amazing usually I always aim for a minimum of 30% but ideally 50% profit margin and of course the more units that you order from a supplier the cheaper you're going to be able to get them and the better that your listing is the more reviews that you have you know the higher the price that you can sell your product for as well okay so that's a you know you don't need a lot of money to get started with this as I mentioned every product is different and in some future videos like I said if you're subscribed I'll show you my process of finding profitable niches my criteria and what I look for in selling a product okay so that's the process of finding a supplier finding a product that you want to sell in order to sell on Amazon you're going to have to set up an account at Amazon seller central here at seller central amazon.com you click on register now you could set up an account now I always always recommend you start selling on amazon.com in the United States because that's the biggest market on Amazon you can sell of course in Europe Canada South America Asia all over the world if you want however the biggest market is going to be on amazon.com so I that's where you're gonna make the most money I always recommend people to start there even if you don't live in the United States you don't have to I live in Canada there's a lot of sellers on Amazon I live all over the world so you don't have to live in the country I don't think there's any restrictions based on where you live anybody can sell on amazon.com in the United States so you're going to want to set up at seller central amazon.com in order to sell in the United States you're going to have to ship your product your inventory to Amazon's fulfillment centers in the united states and they'll give you the locations for that as well if they're handling all the fulfillment for you if you want to sell your product in Canada or United Kingdom United Kingdom's by the way is the second biggest market that you'd want to get into after amazon.com after the United States so you do the UK next and in parts of Europe like Germany are big as well Canada is probably one of the next ones as well after that um but in order to sell on tho on those platforms you'd have to go to a different website that they have in stellar central and you're going to of course have to ship your inventory to that location so if you want to sell in the United Kingdom you're gonna have to ship some units of your product to the United Kingdom fulfillment center if you want to sell in Canada you're going to just set a ship some inventory to in you know in Canada their fulfillment centers there as well okay so that's a little bit more advanced but again I do recommend this starting with amazon.com in the United States now to set up a seller central account you can either set up selling as a professional or as an individual okay I believe as an individual I've never done that but I believe it is free I think Amazon they did they do take their cut of course a certain fee but I do recommend selling as professional everyone if you actually are serious about selling on Amazon you have to sign up as a professional it does cost $39.99 per month you get your first month free and they take some additional fees as well and it's well worth it because it's giving you the ability number one to sell on Amazon's website to tap into as I said the millions of customers that they have all the credit cards the one-click buy they handle your fulfillment you know so you don't have to ship your products they hold your inventory at their fulfillment centers they have their team their staff ship your product any time someone buys it they handles all your payments you know they pay you every every two weeks they allow you to advertise on their website with Amazon ads and set up promotions and coupon codes there's a lot of amazing benefits so like I said the first month is free but you know of course if you are serious about selling on Amazon you're going to as professional and paid the monthly fee thereafter that okay but you can really sign up for a month free and cancel if you don't get your product set up in time or you change your mind so you know that's something that you're going to want to only do once you've decided on your product your supplier and you're ready to start selling now here in seller central you know there's a lot of features of the website and I'll probably do another video more in detail on that but on inside seller central you'll be able to set up your product listing and your product listing is essentially you know exactly what you see here so when you click on the product you know you're going to be able to put in your product images or graphics here you can either hire a graphic designer to create this for you or hire a photographer to take pictures and put that up or you can do it yourself you know you can take a picture of your product but the the product image is very important because that's what's going to get people to click on your Amazon listing and want to know more about it and want to buy it in order to rank your product on Amazon you want to make sure you have the keyword in the title so yoga mat that will help people find your product excuse me find your product when they search for it you want to make sure that the title is uh has the benefits that features the product and really sells it Amazon reviews of course is very very important and then it comes to marketing and promoting a product there's many many different strategies for that that I'll probably release in some future videos as well but just know for now that Amazon reviews are very important and more reviews you have the more that your products are going to sell so being able to acquire Amazon reviews is a very important piece you can select the price the listing price sale price to the product as well like I mentioned you want to make sure you have a good profit margin at least 30% to 50% but ideally 50% with your product and as your product sells more and more and you have more reviews then you can actually increase the price of the product so usually at the beginning you might sell your product for a little bit less than your competitors just to get sales and to get some reviews and to get it ranked but then once it is selling then you can raise the price as well here's the product description features and benefits you can throw in here as well you know we have a lot of awesome strategies marketing strategies on how to do an awesome job with this such as offering bonuses you know free pdf so if they're buying a yoga mat you could offer in you know a PDF or an e-book or a video on some different yoga exercises that they could do you could throw in a money back guarantee which is another great benefit or bonus as well some with some products we've done we've offered like you mentioned that 10% of proceeds will go to a certain charity that's been the effective benefit and feature so there's a lot of cool things you can put there if you come down product description is very important you want to make sure that sells the product you can offer different promotions discounts especially on bulk orders so if you want to have a discount that if they buy two they'll get one free or they buy five like with my products a lot of I sell supplements and a lot of my customers that buy five bottles at a time in bulk and so it's a great opportunity for me to increase the value of my sale and offer them a discount also and it's a lot of cool things you can do on Amazon like you could even offer have a product a product insert so when people buy the product you can have a little insert that goes along with it that maybe has a coupon code for an additional product that they can buy and if you are in a certain market like yoga any market you want to think about building a brand so if you're in the yoga market you'd want to think about having additional yoga products such as yoga blocks yoga towels yoga straps yoga mat cleaner for example so that you can you know promote and market to your existing customers that you're acquiring and just build an entire brand out of this business Amazon best seller ranking here is important it's telling you how well a product is selling based on its category which is awesome and there's just I mean there's just a lot of great stuff in there's really so much to it that I won't have time to go into in this video I mean there's so many ways to market and sell on Amazon it's just a really amazing business it's an amazing opportunity for anybody to get started making money online and building an online business so you know this is just a quick overview of how it works I'm sure you have a lot of questions I'm sure you do because there obviously there's a lot more to it there's a lot of you know logistical things that you need to know and that's why I'm going to be releasing some more future videos for you guys to kind of share more of the process on how to find profitable niches markets how to find a supplier how to negotiate with the supplier how to get the cheapest prices how to set up your product listing how to price your product all these different men how to market it promote it get Amazon reviews these are all things I'm going to be sharing with you guys in some future videos so if you guys enjoyed this video make sure to click the like button and leave a comment below let me know what you think let me know what questions you have as well and make sure to subscribe to this YouTube channel for more great videos like this and if you want more specific videos and training to Amazon and how to sell on Amazon then click the link below in the description or go to project life mastery com slash FBA project life master comm slash FBA and just head on over there you're going to have to enter your email address but I'm just really adding as much value as I can getting await a lot of free stuff so head on over there into your email and you'll get a lot more great free videos like this that will walk you through a lot of this process but I want to thank you again for watching this video and I'll talk to you soon take care you

Channel: Project Life Mastery

Views: 2,151,327

Keywords: How to Sell on Amazon FBA Overview, how to sell on amazon, how to sell on amazon fba, how to sell on amazon for beginners, how to pick what to sell on amazon fba, how to private label a product, private label a product, how do you private label a product, steps to private label a product, how to sell on amazon 2015, amazon fba, selling on amazon, fulfillment by amazon, amazon fba private label, amazon fba tutorial, amazon fba step by step

Id: p6vRkDN8OJ4

Length: 21min 46sec (1306 seconds)

Published: Tue Sep 15 2015