👻**OFFICIAL Amazon FBA Thread**- AmazonBrah

[Rellay]

Aw fuk bye.


Is this true?

[playsintrafficc]

[youtube]76xp0haQKSw[youtube]

Aw fuk bye.


Is this true?

Watched a few minutes of it... short answer: nah. He's confusing sustainability with scalability. An influx of new amazon sellers isn't going to fundamentally change how B&M retailers do business. His valid point is that building and owning a brand is the way to build a real scalable business (imo). He just turned it into some sensationalist hooey.

[visionz1234]

Aw fuk bye.


Is this true?

Cody Hawk is a sensationalist. He's also a business man with an agenda. For those two reasons alone I don't watch much of his chit, and if I do, I try to discard most of what he says for the couple decent points he might be making under all the sensation. Most of those decent points are just common sense, though.

tldr: no it isn't true

[mike.hunt]

Watched half the video, he is pretty much spot on.

I've been doing RA for 6 months and the competition has gotten insane. I found a new item at a grocery store that was $8 and selling for $18 AZ. Had like 3-4 sellers, by the time it got checked in there was 15+ sellers and they had driven the price down to $12, no profit at all.
This has pretty much become the standard on anything that is easy to find. I try to look for stuff that is hard to find, discontinued, or things in categories other people wouldn't think to sell. Example: Bought 2 minion rugs at WM for $24 sold them for $89, they were huge and had to get oversize box to send them in.
Basically if you can walk into a store and buy something with a profit, expect there to be 5 other people selling that item by the time yours gets to the warehouse.
With repricers and the influx of noobs that can't calculate profit and don't understand how to share buy box they drive down the prices so much your lucky to make any profit at all on those crowded items.

RA is getting tough, and doesn't help stores are cracking down on it (Target, Kohls). It's not a long term business plan at all but a great way to get started and see how AZ selling works.

[playsintrafficc]

Watched half the video, he is pretty much spot on.

I've been doing RA for 6 months and the competition has gotten insane. I found a new item at a grocery store that was $8 and selling for $18 AZ. Had like 3-4 sellers, by the time it got checked in there was 15+ sellers and they had driven the price down to $12, no profit at all.
This has pretty much become the standard on anything that is easy to find. I try to look for stuff that is hard to find, discontinued, or things in categories other people wouldn't think to sell. Example: Bought 2 minion rugs at WM for $24 sold them for $89, they were huge and had to get oversize box to send them in.
Basically if you can walk into a store and buy something with a profit, expect there to be 5 other people selling that item by the time yours gets to the warehouse.
With repricers and the influx of noobs that can't calculate profit and don't understand how to share buy box they drive down the prices so much your lucky to make any profit at all on those crowded items.

RA is getting tough, and doesn't help stores are cracking down on it (Target, Kohls). It's not a long term business plan at all but a great way to get started and see how AZ selling works.

I've heard people say the true skill in arbitrage is knowing when to dump and when to hold. I just bought an item recently that was $125 with 1 fba seller at the time of purchase. It just got to the warehouse today. Now it's at $95 with 18 fba sellers. Not one seller below me has more than 3 in stock though, so my thought is to hold.

[mike.hunt]

I've heard people say the true skill in arbitrage is knowing when to dump and when to hold. I just bought an item recently that was $125 with 1 fba seller at the time of purchase. It just got to the warehouse today. Now it's at $95 with 18 fba sellers. Not one seller below me has more than 3 in stock though, so my thought is to hold.

Yup Amazon is like the stock market. If the item you bought is hard to find and/or a very fast seller then hang on to it.
I have $3k worth of a grocery item sitting and waiting until price goes up. It's discontinued but people went crazy and drove price down to $20 now its back to $27. Waiting to sell between 30-35.
If it's ranked less than 10K BSR it's usually a good idea to wait a while.

[NinjaNoir]

Do you guys use apps or browsers extensions? If so. what do you use?

[visionz1234]

I've heard people say the true skill in arbitrage is knowing when to dump and when to hold. I just bought an item recently that was $125 with 1 fba seller at the time of purchase. It just got to the warehouse today. Now it's at $95 with 18 fba sellers. Not one seller below me has more than 3 in stock though, so my thought is to hold.

yup

If you're dealing with a great rank (ie: <15k in toys) I always hold. Stock gets dumped so fast it's not worth racing to the bottom and everyone runs out eventually

For less than optimal ranks I'll give it 90 days (depends on business model) and then if chit is still looking bad in terms of competition I'll put it on sale to get rid of it and hopefully break even or get a slight profit

[Neeve]

Do you guys ship stuff to your place to inspect/label prior to sending to FBA?

Or do you do straight shipments to FBA from the suppliers? how do you trust suppliers in China to properly label?

[RICKY_BOBBY]

Do you guys ship stuff to your place to inspect/label prior to sending to FBA?

Or do you do straight shipments to FBA from the suppliers? how do you trust suppliers in China to properly label?

Things could get damaged in shipping so it's best to check inventory before amazon. Amz can do labels for you for a few more bucks.

[user3657]

Na I have avoided them, but a bunch of people in my resellers group have been banned and were never paid out. I would stick with topcashback/mrrebates/ebates

DO NOT USE EBATES OR FATWALLET! They are owned by the same company. Fatwallet banned me. My account was like 10 years old. Never had a problem but I think I was earning too much and they were worried about fraud. They have $400 that they refuse to pay out so im going to write the BBB once I get some free time.

[playsintrafficc]

Do you guys use apps or browsers extensions? If so. what do you use?

if you don't have keepa you might as well be wearing a blindfold.

[0p3rator]

With OA, are you guys buying liquidations and stuff?

[playsintrafficc]

Just filed Q3 state tax return. Taxjar is GOAT

[amazonbrah]

DO NOT USE EBATES OR FATWALLET! They are owned by the same company. Fatwallet banned me. My account was like 10 years old. Never had a problem but I think I was earning too much and they were worried about fraud. They have $400 that they refuse to pay out so im going to write the BBB once I get some free time.

just because you were banned dont use them? tinfoilhat.jpg

[user3657]

Na I have avoided them, but a bunch of people in my resellers group have been banned and were never paid out. I would stick with topcashback/mrrebates/ebates

just because you were banned dont use them? tinfoilhat.jpg

nope, go head. Use them.


Because just like most software, once their algorithm flags you....

Topcashback.com has better cashback then ebates I have found anyway.

[mike.hunt]

$60 is sales today
Feels bad man

[playsintrafficc]

Finishline is ultimate potato company.

-I order 11 pairs of Nike women's gloves
-They tell me they can't fulfill, refund my money
-Proceed to ship me 11 pairs of Nike women's running shoes
-And 2 pairs of gloves

Nice work *******s.

[user3657]

Finishline is ultimate potato company.

-I order 11 pairs of Nike women's gloves
-They tell me they can't fulfill, refund my money
-Proceed to ship me 11 pairs of Nike women's running shoes
-And 2 pairs of gloves

Nice work *******s.

I know those feels. Placed order with Amazon seller. 3 days later item still does not ship. $400 order. I send them an inquiry, they say sorry, out of stock. dont worry, you have received a full refund. That same day order arrives via USPS.

[NinjaNoir]

How can you tell if a market is too saturated?

[visionz1234]

Where do you brahs see PL going in the future? Seems like everyone and their brother is jumping into PL and that's the overall goal these days. Is amazon eventually just going to morph into 30+ pages of variations of a generic product with 150 reviews on each one or do you think Amazon is going to shake this trend up in some way or another?

[Who?]

What is the initial investment required for starting something like this?

[Who?]

is it this? http://www.amazon.com/dp/B00J4IVZVC/

fukn great now some fukking dildo is going to appear in my recently viewed list and ill be recommended dildos from here on out.

[mike.hunt]

fukn great now some fukking dildo is going to appear in my recently viewed list and ill be recommended dildos from here on out.

You know you like it

[nickh04]

What do you brahs use for keeping track of your profit margins? I'm looking for a program or a spreadsheet template that I could use to keep track of inventory/sales/expenses for tax purposes and just to see how my profit/loss is looking.

Reps for serious answers.

[RICKY_BOBBY]

Where do you brahs see PL going in the future? Seems like everyone and their brother is jumping into PL and that's the overall goal these days. Is amazon eventually just going to morph into 30+ pages of variations of a generic product with 150 reviews on each one or do you think Amazon is going to shake this trend up in some way or another?

Possibly. The Chineses already knows the business model.. I see them collecting/buying reviews. But in general arbitrate isn't ever going away.

[RawDogAssassin]

subbed i guess

[Looter]

Where do you brahs see PL going in the future? Seems like everyone and their brother is jumping into PL and that's the overall goal these days. Is amazon eventually just going to morph into 30+ pages of variations of a generic product with 150 reviews on each one or do you think Amazon is going to shake this trend up in some way or another?

Hard to say. Amazon is definitely going to crack down on it but I can't see them killing it off when it's one of their biggest sources of revenue.

I can see Amazon eventually PL-ing everything we sell now down the line though. They're probably using us as market research.

[CickSunt]

In on this.

[user3657]

What do you brahs use for keeping track of your profit margins? I'm looking for a program or a spreadsheet template that I could use to keep track of inventory/sales/expenses for tax purposes and just to see how my profit/loss is looking.

Reps for serious answers.

I use godaddy bookkeeping for taxes. It automatically imports from Amazon. Then I just keep track of inventory and other expenses.