February 26, 2020 by Andrew Minalto - 6 Comments
3 SECRETS to Make Money on Amazon UK FBA in 2020!
Everything is doom and gloom… Amazon doesn’t care about small businesses, Chinese sellers are running “fake review” factories, competition is rising every day, Brexit will increase importing costs and cause delays, PPC prices are skyrocketing, and on top of all that, the coronavirus will wipe out civilisation anyways!
Starting an Amazon FBA business in 2020 is MISSION IMPOSSIBLE, right? There’s no point in even getting started in this game. It’s too late, and the market is too saturated. This is the vibe you get if you spend too much time on Amazon seller forums OR any forums where people go to complain about how life is unfair. But is it the TRUTH? Is it really too late to get into the FBA game and make money by selling physical products on Amazon?
Well, I truly believe that this is the story of the half-full and half-empty glass. It really depends on how you look at things, in general. There are people who always look for negativity, so for them, yes, I agree, the future doesn’t look so bright. But then there are people who, instead of moaning, look for solutions. They look for ways to get around problems and simply make it work.
January 30, 2020 by Andrew Minalto - 4 Comments
Here’s why I DECLINED an invitation to Amazon Vendor program.
At the end of last year, I received an email from Amazon with an invitation to join their Vendor program. After careful consideration, I decided to decline their offer and not participate in this program. Why? Let’s find out!
Amazon Vendor program—what it is and how does it work?
First of all, the Amazon Vendor program not a public program, so you can’t join without an invite, even if you wanted to. Amazon manually selects sellers with a good track record and strong sales and then invites them to join the program. There’s a special job role at Amazon called Vendor Program Managers. These people handle the vetting process and actively look for brands they want to include in this program.
When you join the Amazon Vendor program, you basically give away keys to your brand on Amazon TO Amazon. Essentially, they become the seller of your product and you become a supplier. In practice, you sell your products to Amazon at wholesale prices and they sell the products for you. On your product listings, the seller will change from your name to Sold by Amazon.
January 23, 2020 by Andrew Minalto - 2 Comments
Chinese BRAND Goods on Alibaba: GENUINE or FAKE?
I have put a lot of time and effort into this blog, and over the last ten years, I have constantly reminded everyone that Alibaba is NOT the place to go if you’re looking for branded goods. I have explained in detail how Alibaba scams work and what the top ten most popular scams are, and my number one rule always comes down to:
Stay away from branded goods! If you do, the chances of you getting scammed on Alibaba is reduced by 99%!
Scammers like to “work” with branded goods because there is a high demand for them from uneducated people! These people continuously fall for crazy deals like “buy three PS4 consoles and get three free!” and other similar nonsense. That’s why scammers mostly stick with branded goods—it’s the easiest and most lucrative niche for them to be in!
Now, when I talk about branded goods and Alibaba, I’m always talking specifically about Western brands, such as:
January 15, 2020 by Andrew Minalto - 8 Comments
GET 150 FREE Product Reviews with Amazon Vine!
Sounds too good to be true, right? 150 FREE reviews for your Amazon listings? Yes, unfortunately, it is… The real number is closer to 75 to 100 reviews, but hey, it’s the best and quickest way to launch a new product on Amazon and get real user reviews in place.
What am I talking about? The Amazon Vine program. Previously, this program was only available to select sellers, but now it’s open to EVERYONE who is brand registered! And there’s even better news: Amazon is running a special promotion right now that allows all brand-registered sellers to enter five products into the Vine program (up to 30 units per product) for FREE!
So, what is the Amazon Vine program and how does it work?
January 13, 2020 by Andrew Minalto - 0 Comments
Importing From China: Shipping Marks EXPLAINED!
When you first start importing goods from China, you will face many new terms that you haven’t heard of before, like various shipping terms (DDP, FOB, etc.), payment methods, contract rules, etc. One of the questions I am often asked is about shipping marks—what are they and what information should we put in them? Let’s find out!
Basically, shipping marks are the details your supplier will put on the outer cartons/boxes that your goods are packed in. With bigger orders, this information can be printed on the boxes, while with smaller orders, suppliers usually use labels. In many cases, suppliers won’t even ask you about these shipping marks, but sometimes they will. If that happens, you will need to provide information to them.
Legally, you’re not obligated to put any information on these boxes. The supplier can send them to you completely blank, without any shipping marks. But that approach may not be the best, especially if your order is small and sent as an LCL shipment (less than container load).
Imagine that there are orders from twenty, thirty or more suppliers all in one container. Someone is responsible for unloading and sorting those goods at the port. Make their life easier and minimise the chances of your goods getting mixed up or lost by at least putting some basic information on your boxes.
January 9, 2020 by Andrew Minalto - 0 Comments
Fidget Spinners & Slime: WHICH product is BEST for Amazon FBA?
Recently, a reader named Sara left a comment on the blog asking an interesting question: “How do I choose a product to sell on Amazon that will still be in demand for years to come?” Basically, she wanted to know how to pick a product that is NOT a fad or trend! Something you can build a long-term, sustainable business around.
It’s a very good question because many people who are starting out on Amazon are actually in the wrong mindset. They are looking for HOT or TRENDY products that are in high demand, thinking that these types of products are the best and most profitable. But they’re not! Here’s why:
- Competition for such highly popular items is extremely high.
- Ranking such products on Amazon is a very difficult, expensive and long process.
- Margins for highly competitive items are small.
So, don’t be blinded by the super-high sales numbers you see in Jungle Scout! Sure, it’s great to see that top listings make tens of thousands of pounds in sales per month, but don’t think for a second that it will be easy, fast or cheap to get into those top search positions. And even if you do get there, chances are that your margins by that time will be non-existent.
January 6, 2020 by Andrew Minalto - 6 Comments
5 SECRETS to Supercharge your PRODUCTIVITY in 2020!
It’s the first week of January—time for BIG ambitions! Whether it’s a new business, diet or fitness regime, most of us start out the new year with the solid dedication and aim to make this year better than the last. But we all know that by the end of January, most of us will go back to old habits and continue on as usual. That’s life.
I know that this is different for each person, but for me, the first of January is the most exciting day of the whole year! I really do get motivated by this fresh start. I have already created a huge list of things I want to do this year, as well as set out my personal and business goals. And a big part of my overall plan for 2020 is to stabilise my personal lifestyle issues and improve my productivity.
In today’s post, I want to talk more about my personal strategy, my daily routine and the health hacks I have been using to improve my productivity and overall happiness.
I have been working on my own for more than 15 years now, and even though I do have a warehouse and some employees, I still have a separate office where I spend most of my days all alone.
December 20, 2019 by Andrew Minalto - 6 Comments
Merry Christmas & Happy New Year! 🎄
Happy Friday, everyone!
This is the last blog post this year as I’m taking a short two-week break to enjoy Christmas time with my family. I will be back in the office on the 6th of January when the drill starts all over again for another year.
This all feels like déjà vu to me because I have been blogging now for twelve years and doing eCommerce for fifteen years (who counts really?).
Looking back at all I have done and achieved in that time makes it feel like I’ve been in the business for a very long time. And yet here we go again. Another new year with new opportunities lies ahead—and I’m still just as excited by it all!
I know that for many people, Christmas and the new year can be quite a depressing or exhausting time. That has never really been true for me. I have always felt energised and excited. I LOVE this feeling of a fresh start and the unlimited opportunities we all have! It’s crazy how much you can achieve in a year if you really put your goals ahead of everything and focus completely on what matters most.
December 19, 2019 by Andrew Minalto - 18 Comments
FREE Money (£7000) from Amazon to GROW your FBA Business!
I couldn’t have asked for better timing! After publishing my recent updates on my FBA business results for France, Germany, Italy and Spain, Amazon has announced that they’re doing the External Tax Services Promotion again!
This is excellent news for any Amazon sellers who are planning to use the Pan-EU program to grow their business in 2020! With the help of this program, Amazon will COMPLETELY cover your VAT registration fees AND one full year of VAT returns! This has a real-world value of up to £7000, so it’s basically FREE money from Amazon!
I signed up for the exact same program one year ago and have already made thousands of pounds in extra profit this year thanks to the Pan-EU program. In fact, in the last 30 days alone, I have generated sales worth €100,000, which is an absolute record for me! And it’s all thanks to the Pan-EU program.
What’s even better is that with this External Tax Service Promotion program, you can choose which VAT company you want to use for your VAT registrations and returns. Many of you know that Amazon’s own service has terrible reviews online, but with this promotion, you can select the company you would like to work with.
December 18, 2019 by Andrew Minalto - 4 Comments
Can you sell BRANDED products on Amazon UK FBA
as part of bundles?
Branded products on Amazon are something I don’t talk a lot about on my blog, and that’s simply because my business model for the last 10+ years has been all about creating my own brands and importing goods from manufacturers in China. In the early days of my career, I did sell branded goods on eBay, but back then, retail arbitrage was super profitable and competition levels were extremely low.
Fast forward to today, and I don’t believe you can build a real, sustainable business based on branded goods anymore. Yes, you can make some money by selling underpriced goods found in sales/garage sales/charity shops, etc., but it’s a very time-consuming operation and not something you really want to do for a long period of time.
Despite that, some people still manage to do it, especially in the US where the sales are often at a much higher discount than we see here in the UK. With that being said, there are situations where you could sell branded goods as part of a bundle/set/kit you have created.
The question is: does Amazon allow it?