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Great info as always
These are great tips! Thanks Nikki!
Question:
You said you spend one day sourcing and one day preparing the items you bought for shipping to Amazon. If someone were to do retail arbitrage 40 hours a week, how many of those hours would be spent doing the latter?
Thank you for making these videos 🙂
I see you discourage the "race to the bottom" alot. I appreciate it and wish these new sellers understood the buy box is rotated. who knows? maybe its not new sellers, but its so annoying to find a good product then they effectively kill their own ability to make any money from it.
Is this a old video as you indicated its November?
Been trying FBA for a couple months. You definitely need a lot of time to figure out what you are doing in the beginning. Which I don’t have much these days. ☹️ Amazon lost a big package $500 worth (at least for a beginner) and I keep getting told I need to send an invoice. Which I don’t have since I bought from retail stores. I am getting so fed up. Any advice on how I can get this resolved? Please and thank you!
It is not passive , easy and part time either , too much work
Thanks for your advise! Excellent as always.
Hello from Oklahoma!
Hi Nikki, I'm trying to be a new amazon seller, I watched a lot of your video and I love it. I'm trying to registered a resale certificate so I can get Tax Exempt from the groceries, it did charged me around $200 for that. Did you have to paid around that amount? because I just want to make sure that they not scam. Thank you
Hey Nikki! Thank you for all your videos they help me a bunch. I started selling fbm but I am a bit confused on the pay? It’s showing $1000 something on seller central but then it shows 250 on current balance. Will I get all my money once all of my sales are done and I have no complaints of returns ? I would love a video or some advice on that. ❤️
Sellerboard takes all the details on sales, fees from Amazon because it’s connected, right? But what about the cost of goods? Do we have to manually add up and put in Sellerboard?
its not pasive, but you work part time hours for a full time income. I only have to work 25 hrs (at most) a week to make 60K a year.
Let’s just say it’s slightly passive, after all the work.
Great video!! Scan scan scan best advice ever
Are those numbers still accurate in 2021? Just got my Amazon account set up been sourcing to find enough product for first shipment
I'm glad you mentioned the part about wholesale. Now that I've been watching your videos, I keep getting all sorts of FBA videos in my recommendations. I watched one about how to get ungated in brands by becoming a wholesaler and I was thinking this is too much.
Thanks for sharing your insight on the different Amazon business models. It was something I was looking into and everything you just said was what all of my research was showing. But, it helps to hear from someone with experience. Thanks for the video!
Do you only use the Amazon seller app for RA?
Nikki, what app was it that you were using when you showed your profit on your phone? And, YES, I agree….Amazon is definitely not passive. To sell on Amazon, you have to love cardboard boxes. I'm usually drowning in cardboard boxes.
I don't know about anyone else but it's rare for me to make a sale overnight. lol My sales start as early as 6 AM EST and slow down around 10 PM EST. In the 2.5 months that I've been doing this I may have received 6 sales overnight. At least for me at the moment, I don't make money while I sleep and I average about 10 sales a day.
Do you only use the Amazon seller app?