EASIEST WAY TO SELL YOUR FIRST $10,000: AMAZON FBA

3 min read 1 month ago
Published on Aug 03, 2024 This response is partially generated with the help of AI. It may contain inaccuracies.

Table of Contents

Introduction

This tutorial will guide you through the essential steps to start your Amazon FBA journey and reach $10,000 in sales within your first 60 days. Based on a proven strategy shared by experienced sellers, this guide is tailored for beginners looking to navigate the complexities of selling on Amazon successfully.

Step 1: Set Up Your Amazon Seller Account

  • Go to Seller Central and sign up.
  • Choose a Professional Account for $39.99 per month; this is essential for scaling your business.
  • You don't need an LLC to sell on Amazon, but having one may enhance your credibility.
  • Ensure that all your information, including addresses and bank details, matches to avoid verification issues.
  • Have a chargeable credit card and a bank account ready for account setup.
  • The verification process can take 4 days to 2 weeks.

Step 2: Gain Exposure to Amazon Listings

  • Familiarize yourself with how to read Amazon listings and scan products.
  • Use the Amazon Seller app to scan barcodes of potential products.
  • When scanning, look for the following five key components in listings:
    1. The picture must match the product you hold.
    2. The brand must be listed.
    3. The gender or category should be specified.
    4. The specific color must be stated.
    5. Size or quantity must be indicated.
  • Be patient with the app; scan each barcode twice to ensure accuracy.

Step 3: Begin the Ungating Process

  • Understand that you may need approval to sell certain big brands, known as ungating.
  • To ungate, order 10 units of a product from an online retailer.
  • Ensure the product is actively sold on Amazon and matches the ASIN of the listing.
  • Obtain a proper invoice from the retailer; packing slips or order confirmations are not acceptable.
  • Submit your invoice to Amazon under the appropriate ASIN for approval.

Step 4: Start Sourcing and Fulfilling Inventory

  • Utilize Fulfillment by Amazon (FBA) to handle shipping and customer service.
  • Prepare a shipment with a minimum of 40 units to start.
  • Pay for shipping to Amazon’s warehouse; this cost is necessary for your business.
  • Aim to send out a minimum of 60 units per week to achieve your sales goal.
  • As you gain brand approvals, sourcing will become easier and more efficient.

Conclusion

By following these steps, you can set a strong foundation for your Amazon FBA business. Focus on setting up your seller account, gaining product exposure, understanding the ungating process, and efficiently managing your inventory. With dedication and persistence, you can achieve significant sales milestones. Remember to stay updated with ongoing learning and adapt your strategies as you grow. Consider following the creator on Instagram for additional insights and support. Happy selling!