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2/5/2018 How to Make Money on Amazon FBA (Step By Step Tutorial) - Aleksander Vitkin

How to Make Money on Amazon FBA (Step By Step Tutorial)


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Amazon is the largest search engine anywhere for
people who are holding a credit card and are ready
to buy and in that sense it is actually better than
Google. If you want to claim some of this hundred Get Your List Of The
billion dollar market, then you need to claim part of Top 54 Current
the search results. Business Books

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The PDF.

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Popular Recent

Why I Love
Business

Robert
Murdoch –
You need to put something and sell it on Amazon Womanizer To
and you need to find out what product you can sell Billionaire
on Amazon. Find a place where you can find a
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2/5/2018 How to Make Money on Amazon FBA (Step By Step Tutorial) - Aleksander Vitkin

product cheap and sell it on Amazon for more


money.
4 Hour Work
So how do you actually get started? Week Real
First you go to seller.amazon.com and you register Life Success Story
an account. This account is for people who are – How to Build a
selling and you need to register as an individual.
Later on you will need to register as a business of Personal Profitable
course as your revenue grows. In the beginning Niche SEO Blog
though, just to make it simple, let’s just get started
as an individual.

Before you continue, it is very you know that you How To


need an American or European bank account to be Outsource
able to get the money from Amazon. If you don’t
have that, then you need to go and join a service Almost Any Kind Of
like World’s First, or something like that, and then Work
you will be able to still receive money from
Amazon.

Where should you be starting on Amazon? Interview –


Gulliver
Amazon is in many countries. If you want to just get
started, I recommend from day one that you start Giles Gives Away
on Amazon.com which is the American website. His $25 Million
Later on, you can upgrade or go somewhere else to
Sales Secrets
a different country’s Amazon like Spain, France,
Germany, or Italy as there are many other
Amazons in the world. In the beginning, let’s keep it
simple and just start on Amazon.com.

What you want to do is you want to use existing


information on Amazon to determine what to sell
because what you want to sell is actually pretty
important on Amazon. With some products, like
phones, you are going to have a hard time
competing. For example, you can’t really compete
with Apple, Samsung, and LG by creating your own
brand like, “Aleks Vitkin Phones.” It would be pretty
hard to do that.

However, there are smaller niches with smaller,


simpler, less-electronic, and less-complicated
products that you can compete with on the market.
For example, if you go on Google and you type in
Amazon bestsellers, you should find the Amazon
website and it will list all the Amazon bestsellers by
category.
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2/5/2018 How to Make Money on Amazon FBA (Step By Step Tutorial) - Aleksander Vitkin

Finding the right category

Now, what you need to go find is a good category


to sell in. These categories can be accessories to
phones but not phones themselves, baby toys,
kitchenware, etc. Do not go into perishables and do
not go into super complicated electronics like
cameras, but keep it nice and simple and find a
product that has not too many reviews.

If you look at your competition, sometimes they


have 2000 reviews. It is going to be really tough to
compete if half the market has 2000 reviews. If you
go in there, and most people do not have too many
reviews with their product or are not too sure if they
should choose one brand or the other, then that
could be the market for you.

How expensive should your product be?

If you enter the market and you see most products


are around $50, bingo! That is just about enough
because if you go too expensive, you are probably
not going to have enough money to buy enough
stock to sell. If you go too cheap, your profit margin
will be too low so try to stay above $10-$20 and
below $70.

You should go in a market and look for products


that are on the bestseller list, and look at the top
four or five thousand on that list in the main
category. You should find something not too
technological, or too technical. Pick something that
is not ingestible, like pills or anything like that, and
make sure that it is something nice and simple.

Also, you want to make sure it is something light.


When you are mailing it, initially you will be mailing
it yourself just to get started. You do not want it
heavy because it is very expensive to mail it and
Amazon does not want to reimburse you that much
money for the expense. When you are doing
Amazon FBA later on, you can play around with the
weight a little bit more, but in the beginning let’s just
keep it nice, simple, and light.

Finding the supplier

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2/5/2018 How to Make Money on Amazon FBA (Step By Step Tutorial) - Aleksander Vitkin

What you are looking to do next is find a supplier.


The best place, by far, to find a supplier is
Alibaba.com. The reason why the company
became so big is because it is the best place to find
suppliers in the world. Most of them are going to be
from China, but there are suppliers from all over the
world there. You need to go ahead and email the
suppliers through Alibaba and ask for samples and
see how easy it is to work with them. Are these
people nice, easy and friendly to work with? Are
they reliable and do they send their things on time?

Look at pricing and make sure you are not


overpaying and make sure there are discounts
once you order bigger, larger amounts. Be sure
they will have enough supply. Once you do order
larger amounts, they need to be able to deliver.

Creating your brand

What you are looking to do next is create your own


brand. What they have is just like a white label
product that is just like a blank sheet of paper
basically. For example, let’s say you are selling
some brand-less USB sticks. If you put your logo
on it and you use your own brand name, suddenly
people will recognize that and it will be your brand.
If you sell enough of that and people are satisfied,
they will come back and buy more. So it is actually
useful to build your own brand. How do you get a
logo and brand? You can go on Fiverr.com and pay
someone for a logo.

Product descriptions

Also, you need to write a description on Amazon to


describe your product. Make sure you follow basic
sales letter strategies – you can find basic sales
letter strategies on Google.

Focus on the benefits of the product and the


problem that the product will solve for people. Once
you have all of that and the supplier is ready to put
the logo on the products, then you get them to take
pictures of the product and send you the final
branded product. Of course you will have to pay
them by this point, but here you can also list the
product on Amazon.

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2/5/2018 How to Make Money on Amazon FBA (Step By Step Tutorial) - Aleksander Vitkin

Testing the product

One very important thing that a lot of people miss is


you need to test the market and make sure that it
actually sells. How do you actually get people to
buy it? You need to keyword target to make sure
that the product is found.

Go and look at the best-selling products and check


the descriptions in their titles. Use similar wording
and keywords because they have done the
research. Do not copy their brands of course, but
they have done their research and they know
people are looking for, “memory sticks that are 64
GB.” They have done the research so you can do
the same research by using your competitors as
source material and listing your product using
similar keywords. That way, Amazon will know what
product you are selling. You will find that if you list it
with the correct keywords and there is enough
traffic, the conversion rate, which means people
viewing your page converted to buyers, is very high
on Amazon. You will be able to get your first sales.

Getting reviews

You are going to need reviews on Amazon. If you


do not have reviews or testimonials, it is quite hard
to sell. Give some money to all your friends, get
them to buy from you on Amazon, get the money
back in real life, and then get them to write you nice
reviews. This is going to help you a lot and is going
to increase your rankings and conversion rates on
your Amazon page. Also get them to give feedback
to your company on Amazon, not just your
products.

This is how you get started, and later on you can


upgrade to Amazon FBA, which means Amazon
will ship the product for you and do most of the
customer support for you. This means that your
supplier can ship directly to Amazon so your job will
be to do some customer support and mail,
communicate, and negotiate with the supplier to
make sure that they send more supply when supply
runs low on Amazon. It is really not too
complicated. However, it does take a while and
potentially can take a lot of capital needed to invest
in. After you see that something works you may
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2/5/2018 How to Make Money on Amazon FBA (Step By Step Tutorial) - Aleksander Vitkin

want to get some more money to invest into getting


more supply so you can sell it.

Do not go ahead and spend all your money


immediately because you need to reinvest it back
into your business and make sure that it grows as
soon as possible. Once you have that going,
congratulations! You are getting sales online on
Amazon and you can consider adding in some new
products and get some new keywords.

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By Aleksander Vitkin | June 24th, 2016 | Entrepreneurship | 0 Comments

About the Author: Aleksander V

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