Hi Andrew
Thanks for the video. Lots of useful information and advice from beginning to end. I ran a business for many years before we had to close down for various market reasons. Have been working for someone else for the last couple of years but would like to get back to being in control of my own destiny again. The desire and drive is there and with the opportunities on Amazon UK the time is now.
I have a question about finding suppliers. The point of finding a supplier in China is obvious from a cost point of view but do you have any experience of or think it’s possible to operate a private label business by sourcing products within the UK. I’m not ruling out sourcing from China but like the idea of UK made products. Do you think such products might attract a slightly more premium sales price on Amazon to make up for higher supplier costs?
Yes, it is possible for some specific product groups with good manufacturing traditions.
Just like there are products you can safely source from Europe – like cosmetics (nail polish etc.) from Poland, Germany where there are good cosmetics manufacturing companies.
And there’s another option – becoming a manufacturer on your own – which I personally do and talk more about in Amazon Sharks course too.
The options are there – it’s all about execution! 🙂
Jungle Scout is enough. I just mention how Terapeak can be used for people who have Terapeak subscription. It can open up new product opportunities but usually people can get enough product ideas using Jungle Scout alone.
Thanks for the video, very informative. I am looking to get into this but the question and most dreaded part for me is the sourcing and branding/importing to UK. On average how long does it take to go live with a product from research to execution? I already have JS and have been researching products for the last 2 wks. The scariest part is I hope i don’t get it really wrong. thks
I cover Branding and Sourcing/Importing in great detail in Amazon Sharks course, you don’t have to be afraid of these processes. My videos will guide you through this process step by step.
As for how long it takes – depends on the shipping method use but usually it takes about 2-3 months from day you start work on the market research till day you make first sales. But that is only average of course as it can also be done in 2-3 weeks, if you put a lot of time and effort into this and ship goods from China via courier.
Hello Andrew
Great video! Very informative and useful content as usual.
I’d like to start selling on Amazon uk but I am confused with VAT requirements. I am based in UK, I will import from China and I will use the FBA to avoid having to handle parcels.
Do I need to register for VAT if my turnover will be under the 80k threshold? I’m talking about goods that are not VAT exempt.
Hi Andrew, I am applying for a trade mark and to avoid additional costs later I have chosen 3 classes.
Each class has a number of categories, some of which are quite long, would you remove those that you think are
not relevant, or is it ok to just apply for the class and not worry about the actual categories?
Hope this makes sense!
Have a great Christmas and a Happy New Year
Regards
Alan
Great video (as always) will there be any special offers for the Amazon Shark course for people how purchased other items from you in the past such as the eBay Easy Auction course..?
Hi,
Awesome video! So helpful, thank you. I’ll definitely be looking into Amazon Sharks.
I’m a little stuck at the moment. I have been researching products for weeks now, regularly staying up until the early hours of the morning researching and speaking to suppliers in China.
I use Junglescout or Amazeowl, I find a product on Amazon and think great! This may have potential and fits the criteria outlined in videos I’ve watched and I get quoted a fair price from China so I get all excited. THEN I check out the price on eBay and there’s UK sellers selling the exact product I found for the same or similar price that the Chinese supplier quoted me. So then I think I’ve got to find a new product or a cheaper supplier to compete and this makes it very difficult or impossible to do.
I understand Amazon buyers are different to eBay buyers and I may be looking at the wrong type of products but it still makes me nervous.
I don’t have a lot of money or means to save or borrow so I need to make my first product count! I have a horrible job that’s very depressing and it’s been a lifelong dream of mine to have a successful business so I can not stress how hungry and determined I am to make this work!
Thank you so much for this video and the wealth of information you provide and I will appreciate any advice you can provide.
Why do you look for prices on eBay? You should look on Amazon instead, completely ignore eBay!
On eBay almost everything can be bought at cost price and in general, it does not mean anything when we do Amazon research. very often same items are sold on eBay for £4 when on Amazon they sell for £8. So don’t even look at eBay when you’re doing Amazon research – look for prices on Amazon.
Hi Andrew,
I have signed up for Jungle Scout Pro and will soon add the App as I want to move forward full time with a private label business.
I notice on Facebook there seems to be a number of comments left from people who are looking to do the same, and one comment caught my attention and it concerned a Chinese supplier pinching a trade mark from one of his new customers and registering it themselves before his customer could trade mark it.
In your experience is this a likely on going problem, and if so, would you recommend trade marking before ordering products?
Looking forward to January when you release your course.
Regards
Alan
Hi im just staring out would it matter if I started on Amazon or eBay first. I am thinking of ordering in bulk directly from China do you suggest I spread out or just order one particular item as opposed to two or three. Thanks
As I explain in the video, I think that Amazon is the way to go right now BUT of course you have to do product research based on Amazon, not eBay. If you want to sell on eBay, you would do product research based on eBay, using Terapeak tool.
As for how many products to start with – I would recommend you start with just one, keep the extra money in reserver, as a back-up. Get that one perfect product on Amazon, start selling it, learn everything, make your listing perfect, run ads etc. etc. – START making profit! And then you can work on 2nd, 3rd etc. products.
I’ve recently downloaded and set up the Crome tool on my computer. When it presents itself to me there is no ‘Opportunity Score & Demand’ box at the top right hand side, nor anywhere to be seen. Also, the last two right hand side columns, ‘Fees’ and ‘LQS’ don’t appear either. I’ve tried dragging the whole Chrome tool wider and enlarging it but it doesn’t move at all. (I note also that on their tutorials these boxes aren’t shown either).
Is this because these facilities have now been removed from the tool, or is it just me?
Thanks for this great video, really informative viewing. Just have a question regarding customs, I’m at the point where I have pretty much decided on my first product to import but was wondering how it all works as I am looking to order 100 items initially. Will customs come knocking on my door or do I need to arrange to pay that in advance? Your help is much appreciated and keep up the good work, thanks.
It depends on how you’ll ship the goods – will it be courier? (like DHL, EMS, UPS, TNT etc.)
If so – you don’t really have to worry about customs clearance procedure as couriers will do it for you and simply invoice you for the service + actual VAT and import duty charges.
Superb content as usual foolishly watched video late at night so will watch again at a better more awake time is the jungle scout as complicated as it looks or am I just tired I have a terapeak account and find that very easy to use.
Looking forward to Jan to start swimming with sharks
Watched the entire video, it’s brilliant. thanks for sharing the video. I did follow & subscribe your blog from eBay days, but couldn’t make anything from that because I lost track then. Now again trying get in order by organizing myself and preparing for big day to launch my products in Amazon.
Want to import from China and only place I can get info was on Alibaba website. Is this only route to safely import products from China? or do you recommend a visit to verify the product quality in person because If I don’t do that then the product will be shipped directly to Amazon warehouse and the quality will only be through customer reviews. is there any alternate to overcome that?
Secondly, is it better to wait till I complete the Amazon shark program to start in January.
And congrats on watching the whole video till the end. That makes us 3 now! 🙂
Alibaba.com is by far the largest platform to look for suppliers in China, yes. There’s also GlobalSources.com and Made-In-China.com – they’re also popular but Alibaba is biggest of all and unless you are looking for a very specific/unique product, you should be able to find suppliers there.
As for product quality – you can always do pre-shippment inspection and check product quality this way OR simply ship goods to your address – check them on your own – and only then send to Amazon FBA. You don’t have to send goods directly from China to Amazon FBA if you don’t want to (you actually can’t do that as Amazon can’t act as an importer for you – you will anyways have to find a company that can clear Customs for you and only then deliver goods to Amazon).
Lastly – Amazon Sharks – it depends really on how strong you feel about your knowledge etc. – if you already know how it all works, have a clear plan in place, there’s no need to wait for anything. But if you feel that you’re overwhelmed with everything and would benefit from a step by step guidance, then wait for the Amazon Sharks to come out in January!
hi Andrew, can you clarify whether I need to register my brand on Amazon, what are the benefits of Brand Registry, as it is going to cost me money to apply for the trademark first, and I believe it will take time also? Will I be able to start selling just as easily using FBA without applying for Brand regsitry. Also, have you written any posts yet on how to promote your listings to start with on Amazon, I have added quite a few of the products that I currently sell on ebay, but none of them have started selling yet, do you recommend paying to promote them to begin with?
Thank you for all your great advice on ebay in the past, I am excited to get on with Amazon
No, you don’t have to have a trademark to start sell on Amazon! Brand Registry is optional and something you can do over time as you see that products are selling well etc.
I haven’t done any posts on this yet but will do in future and of course cover it all in detail in Amazon Sharks program.
As for launching new products on Amazon – yes, you absolutely MUST drive traffic to them to get sales going and the easiest/fastest way to do this is via Amazon’s Promoted Products paid advertising program.
Hi Andrew,
I have just paid and installed jungle scout lite as suggested
However there does not seem to be a ‘opportunity score’ icon shown, nor does the google trends icon work. Is this because i have the lite version?
Amazon Sharks will be all about building a business around Private Label Product model where you create a brand and brand products you import from China to sell on Amazon.
Well I dont have a great attention span the only book I ever read was Bruce Lees life story. But enjoyed your vid right to the end wahoo! I’ve always been able to make money ever since I was 6yrs old when I stareted Guying and carol singing also sold fire wood snow shifting, later on my own window cleaning round and even a printing business.
At the moment with my partner and my little girl we travel the country selling goods at festivals and shows and we do ok. BUT (yes thats a big but) Im getting a bit long in the tooth and would love an Internet business so I’m all ears and look forward to your future videos. I just hope I can keep up and use all the info you will be sharing with us.
Or what about if I work for you free of charge for 6months and you just mentor me I could be your Kato, did I mention I was a gardener too, do you have a garden?
What about football I’ve got my coaching badge aswell.
Anyway can’t wait to get started if I can do it anyone can Ill keep you posted.
The video is long, I know – but I actually didn’t even put 10% into it on what I wanted to cover (hence the Amazon Sharks course of course).
As for you working for me in exchange for mentoring – I’m sorry but this is not something I could do, no. But you’re more than welcome to join me in the Amazon Sharks program when it launches in January.
Hi Andrew,
I currently sell on eBay and i too want a way out and i really hope that this is it. I know it wont be easy and probably a series of failures and losses through trail and error before i start to get it right, but i am willing to put in the work and face failure in order to eventually get to the end goal. If you do any sort of 1 on 1 mentoring for Amazon FBA i would like to know about it – my goal is to make 50,000 GBP in profit per year – hands off, i know that seems like outside the realm of possibility at the moment but i know with help i can do it. I don’t want to make money to buy things, i can already afford most things i want – But i have my main dream of making my own charity before im 40 to save lives by building schools and hospitals – i really want to make a positive impact on the world before i leave here, and a normal 9 to 5 job wont be sufficient as i wont have enough time or energy to do it.
Thank you and im looking forward to the course
AHMED
Great video. Thank you. I have been having this exact same thought about eBay. Even when trying to sell items at cost price (no profit at all) I still struggle to compete.
I will be keeping my business going but selling to shops, not on eBay. In the meantime I look forward to joining you with Amazon and creating a new niche or two.
Going offline is actually something I will also concentrate on for this new brand – as there are just products that are actually much more suitable for selling in B&M stores, products that maybe people are not actively searching for on Amazon but WILL buy if they see it in a store. This is especially true for impulse purchase type of products.
Hi Andrew,
Amazing amount of really good information, thank you. Has come at an opportune time as I have been inundated with expensive Amazon training opportunities….non of which got me excited!
I had a pro merchant account but sold branded goods so life was hard, especially as Amazon high-jacked my listing which was for a new EAN.. live and learn.
You mention that Amazon collect 15% of the full product price but in my case they also added VAT making this 18% and as I am VAT registered I couldn’t claim the difference.
Is this still the case?
Looking forward to your course when available as private label is actually my chosen business choice.
Regards
Alan http://www.coffeelusso.co.uk
If you’re not VAT registered, you’ll get charged VAT on fees. In the example I used 15% as I will be VAT registered very soon plus I did reduce the net profit rounding it up to £5 (down). So that 3% basically is there.
As for your story/case – selling branded products on Amazon in my opinion is no go… Maybe it can work in the US where you can get real bargains in B&M stores, do retail arbitrage etc. but in the UK we don’t have that massive deals/discounts.
Great to see you back Andrew. I’ve recently started on Amazon as well and dumped eBay. My products are on their way to Amazon as we speak after starting a few months ago. I’ve learnt a great deal already but interested to see what golden nuggets you will bring to the table as you always have done in the past ?????
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Hi Andrew
Thanks for the video. Lots of useful information and advice from beginning to end. I ran a business for many years before we had to close down for various market reasons. Have been working for someone else for the last couple of years but would like to get back to being in control of my own destiny again. The desire and drive is there and with the opportunities on Amazon UK the time is now.
I have a question about finding suppliers. The point of finding a supplier in China is obvious from a cost point of view but do you have any experience of or think it’s possible to operate a private label business by sourcing products within the UK. I’m not ruling out sourcing from China but like the idea of UK made products. Do you think such products might attract a slightly more premium sales price on Amazon to make up for higher supplier costs?
Thanks
Geoff
Hi Geoff,
Thanks for your comment.
Yes, it is possible for some specific product groups with good manufacturing traditions.
Just like there are products you can safely source from Europe – like cosmetics (nail polish etc.) from Poland, Germany where there are good cosmetics manufacturing companies.
And there’s another option – becoming a manufacturer on your own – which I personally do and talk more about in Amazon Sharks course too.
The options are there – it’s all about execution! 🙂
Thanks,
Andrew
would love to hear more about the amazon sharks course. Ready to change my life.
Hi Cameron,
The Amazon Sharks website is now LIVE and you can learn more about it all here:
https://www.amazonsharks.com/vsl
Everything is explained on that home page video.
If you have any specific questions, just let me know! 🙂
Thanks,
Andrew
do you need terapeak as well as jungle scout for amazon
Hi Andrew,
No, not really.
Jungle Scout is enough. I just mention how Terapeak can be used for people who have Terapeak subscription. It can open up new product opportunities but usually people can get enough product ideas using Jungle Scout alone.
Thanks,
Andrew
Thanks for the video, very informative. I am looking to get into this but the question and most dreaded part for me is the sourcing and branding/importing to UK. On average how long does it take to go live with a product from research to execution? I already have JS and have been researching products for the last 2 wks. The scariest part is I hope i don’t get it really wrong. thks
Hi Talko,
Thanks for your comment.
I cover Branding and Sourcing/Importing in great detail in Amazon Sharks course, you don’t have to be afraid of these processes. My videos will guide you through this process step by step.
As for how long it takes – depends on the shipping method use but usually it takes about 2-3 months from day you start work on the market research till day you make first sales. But that is only average of course as it can also be done in 2-3 weeks, if you put a lot of time and effort into this and ship goods from China via courier.
Thanks,
Andrew
Watched for a second time can’t wait to sign up in January
Thanks Kevin! 🙂
Merry Christmas!
Andrew
Hello Andrew
Great video! Very informative and useful content as usual.
I’d like to start selling on Amazon uk but I am confused with VAT requirements. I am based in UK, I will import from China and I will use the FBA to avoid having to handle parcels.
Do I need to register for VAT if my turnover will be under the 80k threshold? I’m talking about goods that are not VAT exempt.
Thanks for your assistance!
Alex
Hi Alex,
Thanks for stopping by! 🙂
No, you don’t have to register for VAT and you don’t want to do it until you reach VAT threshold.
People who live OUTSIDE the UK and plan on using Amazon FBA in the UK, need to register for VAT from day one.
Hope this helps & let me know if you have any further questions.
Thanks
Andrew
Hi Andrew, I am applying for a trade mark and to avoid additional costs later I have chosen 3 classes.
Each class has a number of categories, some of which are quite long, would you remove those that you think are
not relevant, or is it ok to just apply for the class and not worry about the actual categories?
Hope this makes sense!
Have a great Christmas and a Happy New Year
Regards
Alan
Hi Alan,
You don’t really have to worry about categories.
When you register a trademark, you select CLASSES you want to register in and then supply goods list you want to cover.
A good tip is to find a well known company/trademark that work in same niche and simply copy goods list from them! 🙂 If needed, add more!
Remember that you won’t be able to add products to list after trademark is registered.
Thanks,
Andrew
Hi when your new course will be published???
Hi Munir,
On 18th January, hopefully 🙂
Thanks,
Andrew
Hi Andrew,
Great video (as always) will there be any special offers for the Amazon Shark course for people how purchased other items from you in the past such as the eBay Easy Auction course..?
Hi Mick,
Yes, there will be special offer for EAB customers.
I will publish more details on this later on in December, on the blog.
Thanks,
Andrew
Will Amazonsharks. apply to selling in the US? Sounds like a very thorough program. Thanks
Hi Pat,
Yes, it will work in the US too.
While I will create it based around Amazon UK, all regional Amazon platforms basically work in same way, with minor differences.
I will also have information on how people outside the UK can start selling on Amazon UK.
Thanks,
Andrew
Hi,
Awesome video! So helpful, thank you. I’ll definitely be looking into Amazon Sharks.
I’m a little stuck at the moment. I have been researching products for weeks now, regularly staying up until the early hours of the morning researching and speaking to suppliers in China.
I use Junglescout or Amazeowl, I find a product on Amazon and think great! This may have potential and fits the criteria outlined in videos I’ve watched and I get quoted a fair price from China so I get all excited. THEN I check out the price on eBay and there’s UK sellers selling the exact product I found for the same or similar price that the Chinese supplier quoted me. So then I think I’ve got to find a new product or a cheaper supplier to compete and this makes it very difficult or impossible to do.
I understand Amazon buyers are different to eBay buyers and I may be looking at the wrong type of products but it still makes me nervous.
I don’t have a lot of money or means to save or borrow so I need to make my first product count! I have a horrible job that’s very depressing and it’s been a lifelong dream of mine to have a successful business so I can not stress how hungry and determined I am to make this work!
Thank you so much for this video and the wealth of information you provide and I will appreciate any advice you can provide.
Hi Carley,
Thanks for your comment.
Why do you look for prices on eBay? You should look on Amazon instead, completely ignore eBay!
On eBay almost everything can be bought at cost price and in general, it does not mean anything when we do Amazon research. very often same items are sold on eBay for £4 when on Amazon they sell for £8. So don’t even look at eBay when you’re doing Amazon research – look for prices on Amazon.
Thanks,
Andrew
Morning Andrew,
Do you do any face to face seminars or just the video training?
January seems a long way off, counting the days.
Alan
Hi Alan,
I only do video courses/training, yes (I don’t have time for physical seminars at all).
I know, yes, it’s 2 months from now but it takes HUNDREDS of hours to create a video course like this…
Thanks,
Andrew
Hi Andrew,
I have signed up for Jungle Scout Pro and will soon add the App as I want to move forward full time with a private label business.
I notice on Facebook there seems to be a number of comments left from people who are looking to do the same, and one comment caught my attention and it concerned a Chinese supplier pinching a trade mark from one of his new customers and registering it themselves before his customer could trade mark it.
In your experience is this a likely on going problem, and if so, would you recommend trade marking before ordering products?
Looking forward to January when you release your course.
Regards
Alan
Hi Alan,
In my 10+ years of being online, helping others, I have never witnessed such a scenario…
It does not mean it can’t happen, as it can – but I think chances of it happening are very low.
Still, I always recommend to register trademark as soon as you can really, as it is important to have that protection, at least in the UK.
Andrew
Hi im just staring out would it matter if I started on Amazon or eBay first. I am thinking of ordering in bulk directly from China do you suggest I spread out or just order one particular item as opposed to two or three. Thanks
Hi Trudy,
As I explain in the video, I think that Amazon is the way to go right now BUT of course you have to do product research based on Amazon, not eBay. If you want to sell on eBay, you would do product research based on eBay, using Terapeak tool.
As for how many products to start with – I would recommend you start with just one, keep the extra money in reserver, as a back-up. Get that one perfect product on Amazon, start selling it, learn everything, make your listing perfect, run ads etc. etc. – START making profit! And then you can work on 2nd, 3rd etc. products.
Thanks,
Andrew
Hi Andrew!
Dies ist work for Amazon.it?
Hi Christian,
Yes, of course – this also applies to Amazon.it and all other regional Amazon websites.
Andrew
Hi Andrew,
I’ve recently downloaded and set up the Crome tool on my computer. When it presents itself to me there is no ‘Opportunity Score & Demand’ box at the top right hand side, nor anywhere to be seen. Also, the last two right hand side columns, ‘Fees’ and ‘LQS’ don’t appear either. I’ve tried dragging the whole Chrome tool wider and enlarging it but it doesn’t move at all. (I note also that on their tutorials these boxes aren’t shown either).
Is this because these facilities have now been removed from the tool, or is it just me?
Regards,
Kevin
Hi Kevin,
Thanks for your comment.
It’s because those tools are available only in Professional version and you probably have Lite version.
Andrew
Hi Andrew,
Thanks for this great video, really informative viewing. Just have a question regarding customs, I’m at the point where I have pretty much decided on my first product to import but was wondering how it all works as I am looking to order 100 items initially. Will customs come knocking on my door or do I need to arrange to pay that in advance? Your help is much appreciated and keep up the good work, thanks.
Hi Zaheer,
Thanks for your comment.
It depends on how you’ll ship the goods – will it be courier? (like DHL, EMS, UPS, TNT etc.)
If so – you don’t really have to worry about customs clearance procedure as couriers will do it for you and simply invoice you for the service + actual VAT and import duty charges.
Andrew
Andrew
Superb content as usual foolishly watched video late at night so will watch again at a better more awake time is the jungle scout as complicated as it looks or am I just tired I have a terapeak account and find that very easy to use.
Looking forward to Jan to start swimming with sharks
Hi Barry,
It must be you being tired, lol, as JS is actually simpler to use than Terapeak in my opinion.
It’s very intuitive and newbie friendly.
Andrew
Hi Andrew,
Watched the entire video, it’s brilliant. thanks for sharing the video. I did follow & subscribe your blog from eBay days, but couldn’t make anything from that because I lost track then. Now again trying get in order by organizing myself and preparing for big day to launch my products in Amazon.
Want to import from China and only place I can get info was on Alibaba website. Is this only route to safely import products from China? or do you recommend a visit to verify the product quality in person because If I don’t do that then the product will be shipped directly to Amazon warehouse and the quality will only be through customer reviews. is there any alternate to overcome that?
Secondly, is it better to wait till I complete the Amazon shark program to start in January.
Many thanks
Shakir
Hi Shakir,
Thanks for your comment.
And congrats on watching the whole video till the end. That makes us 3 now! 🙂
Alibaba.com is by far the largest platform to look for suppliers in China, yes. There’s also GlobalSources.com and Made-In-China.com – they’re also popular but Alibaba is biggest of all and unless you are looking for a very specific/unique product, you should be able to find suppliers there.
As for product quality – you can always do pre-shippment inspection and check product quality this way OR simply ship goods to your address – check them on your own – and only then send to Amazon FBA. You don’t have to send goods directly from China to Amazon FBA if you don’t want to (you actually can’t do that as Amazon can’t act as an importer for you – you will anyways have to find a company that can clear Customs for you and only then deliver goods to Amazon).
Lastly – Amazon Sharks – it depends really on how strong you feel about your knowledge etc. – if you already know how it all works, have a clear plan in place, there’s no need to wait for anything. But if you feel that you’re overwhelmed with everything and would benefit from a step by step guidance, then wait for the Amazon Sharks to come out in January!
Hope this helps Shakir!
Andrew
hi Andrew, can you clarify whether I need to register my brand on Amazon, what are the benefits of Brand Registry, as it is going to cost me money to apply for the trademark first, and I believe it will take time also? Will I be able to start selling just as easily using FBA without applying for Brand regsitry. Also, have you written any posts yet on how to promote your listings to start with on Amazon, I have added quite a few of the products that I currently sell on ebay, but none of them have started selling yet, do you recommend paying to promote them to begin with?
Thank you for all your great advice on ebay in the past, I am excited to get on with Amazon
Hi Awen,
Thanks for your comment.
No, you don’t have to have a trademark to start sell on Amazon! Brand Registry is optional and something you can do over time as you see that products are selling well etc.
I haven’t done any posts on this yet but will do in future and of course cover it all in detail in Amazon Sharks program.
As for launching new products on Amazon – yes, you absolutely MUST drive traffic to them to get sales going and the easiest/fastest way to do this is via Amazon’s Promoted Products paid advertising program.
Thanks,
Andrew
Hi Andrew,
I have just paid and installed jungle scout lite as suggested
However there does not seem to be a ‘opportunity score’ icon shown, nor does the google trends icon work. Is this because i have the lite version?
Many Thanks
Hi Bradley,
Yes, those features along with FBA fees and some others are only for PRO version.
Thanks,
Andrew
Hi Andrew,
Does this new program still involve importing unbranded products from China like EAB?
Thanks
Anthony
Hi Anthony,
Thanks for your comment.
Amazon Sharks will be all about building a business around Private Label Product model where you create a brand and brand products you import from China to sell on Amazon.
So yes, very similar to EAB main concept.
Thanks,
Andrew
Well I dont have a great attention span the only book I ever read was Bruce Lees life story. But enjoyed your vid right to the end wahoo! I’ve always been able to make money ever since I was 6yrs old when I stareted Guying and carol singing also sold fire wood snow shifting, later on my own window cleaning round and even a printing business.
At the moment with my partner and my little girl we travel the country selling goods at festivals and shows and we do ok. BUT (yes thats a big but) Im getting a bit long in the tooth and would love an Internet business so I’m all ears and look forward to your future videos. I just hope I can keep up and use all the info you will be sharing with us.
Or what about if I work for you free of charge for 6months and you just mentor me I could be your Kato, did I mention I was a gardener too, do you have a garden?
What about football I’ve got my coaching badge aswell.
Anyway can’t wait to get started if I can do it anyone can Ill keep you posted.
Kind Regards Clive K
Hi Clive,
Well done on watching the whole thing! 🙂
The video is long, I know – but I actually didn’t even put 10% into it on what I wanted to cover (hence the Amazon Sharks course of course).
As for you working for me in exchange for mentoring – I’m sorry but this is not something I could do, no. But you’re more than welcome to join me in the Amazon Sharks program when it launches in January.
Thanks,
Andrew
Hi Andrew,
Very interested in Amazon Shark. Any details on when the course will be available and rough idea of price?
Thanks, Stew
Hi Stew,
Amazon Sharks will launch in January.
Full details and pricing will be announced then 🙂
Andrew
Hi, great video!
What about the storage fees? Did you include that in the costs?
Thanks
Very small as the product is super small.
Storage fee is just few p per item sold 🙂
Hi Andrew,
I currently sell on eBay and i too want a way out and i really hope that this is it. I know it wont be easy and probably a series of failures and losses through trail and error before i start to get it right, but i am willing to put in the work and face failure in order to eventually get to the end goal. If you do any sort of 1 on 1 mentoring for Amazon FBA i would like to know about it – my goal is to make 50,000 GBP in profit per year – hands off, i know that seems like outside the realm of possibility at the moment but i know with help i can do it. I don’t want to make money to buy things, i can already afford most things i want – But i have my main dream of making my own charity before im 40 to save lives by building schools and hospitals – i really want to make a positive impact on the world before i leave here, and a normal 9 to 5 job wont be sufficient as i wont have enough time or energy to do it.
Thank you and im looking forward to the course
AHMED
Many Thanks for the comment Ahmed, that’s a GREAT cause and dream to work towards for.
There will be support system built in to the Amazon Sharks course, which will basically work as coaching, so stay tuned for updates on that! 🙂
Andrew
Sorry i meant to say stop selling on eBay not Amazon 🙂
Hi Andy,
I have emailed you.
Please check your email.
Thanks,
Andrew
Hi Andrew,
Great video. Thank you. I have been having this exact same thought about eBay. Even when trying to sell items at cost price (no profit at all) I still struggle to compete.
I will be keeping my business going but selling to shops, not on eBay. In the meantime I look forward to joining you with Amazon and creating a new niche or two.
Thanks,
jason
Hi Jason,
Thanks for your email.
Going offline is actually something I will also concentrate on for this new brand – as there are just products that are actually much more suitable for selling in B&M stores, products that maybe people are not actively searching for on Amazon but WILL buy if they see it in a store. This is especially true for impulse purchase type of products.
Thanks,
Andrew
Hi
What is the special offer with Jungle Scout? I don’t see any difference between signing up via the provided link or signing up directly.
Thanks
Hi Rob,
Thanks for your comment.
Yes, right now its the same, sorry for confusion.
Andrew
I did watch it from A-Z and fully intend to watch through again. Regards Robin
That’s the attitude, well done!
Great video Andrew. I am getting started now.
Awesome, go for it! 🙂
Many thanks, I am currently researching private label options.
Kind regards
Alan
Sorry, as I am not VAT registered.
Hi Andrew,
Amazing amount of really good information, thank you. Has come at an opportune time as I have been inundated with expensive Amazon training opportunities….non of which got me excited!
I had a pro merchant account but sold branded goods so life was hard, especially as Amazon high-jacked my listing which was for a new EAN.. live and learn.
You mention that Amazon collect 15% of the full product price but in my case they also added VAT making this 18% and as I am VAT registered I couldn’t claim the difference.
Is this still the case?
Looking forward to your course when available as private label is actually my chosen business choice.
Regards
Alan
http://www.coffeelusso.co.uk
Hi Alan,
Yes, that is the case.
If you’re not VAT registered, you’ll get charged VAT on fees. In the example I used 15% as I will be VAT registered very soon plus I did reduce the net profit rounding it up to £5 (down). So that 3% basically is there.
As for your story/case – selling branded products on Amazon in my opinion is no go… Maybe it can work in the US where you can get real bargains in B&M stores, do retail arbitrage etc. but in the UK we don’t have that massive deals/discounts.
Private label is the way to go! 🙂
Thanks,
Andrew
Great to see you back Andrew. I’ve recently started on Amazon as well and dumped eBay. My products are on their way to Amazon as we speak after starting a few months ago. I’ve learnt a great deal already but interested to see what golden nuggets you will bring to the table as you always have done in the past ?????
Hi Michael,
Thanks for stopping by! 🙂
Awesome to hear you’re also starting on Amazon – make sure to keep in touch and let me know how you’re doing!
Thanks,
Andrew