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Private Label Masters

Master Task List


Your Journey Begins!
Task:
Watch Video 1: Welcome to The Training.
Watch Video 2: Mindset for Success.
Write down your "Why?" for success.
Watch Video 3: Business Structure, Sales Tax, Product Liability Insurance.
Determine if you want to start as Sole Prop./LLC.
Determine how you plan on handling Sales Tax.
Watch Video 4: Fee Breakdown.
Setup your seller central account.
Module 1: Product Research
Watch Video 1: Product Research Module.
Watch Video 2: Intro to Product Research.
Download Fee Calculator extension.
Watch Video 3: Looking for Singles, Not Homeruns.
Watch Video 4: Stay Away From These Products!
Watch Video 5: Research Tools.
Sign up for VL, download Market Intelligence Extension.
Download Keep: Amazon Price Tracker.
Download DS Amazon Quickview.
Watch Video 6: Intro to Product Discovery and Market Intelligence.
Pin as many items as possible in 4-6 hours of searching.
Watch Video 7: Jungle Scout.
Signup for JS Web App if you want extra Sales tracking for Product Research. (Optional)
Watch Video 8: Bundling and Quantity Changes.
Watch Video 9: Product Improvements & Changes.
Take some time looking at negative reviews of any existing ideas to practice brainstorming potential improvements.
Download the Product Research PDF for an in-depth walkthrough of everything covered.
Watch Video 10: Merchant Words Method.
Use MerchantWords to brainstorm some potential niches.
Watch Video 11: Deal Site Method.
Check deal websites such as Jumpsend and Vipon for ideas from products being released currently.
Watch Video 12: Vetting Your Product.
Download the Product Concept Worksheet to begin filtering your list of ideas.
Put some of your exisitng ideas through the Product Viability sheet.
Watch Video 13: Brand Potential.
Watch Video 14: Product Deep Dive 1.
After watching each deep dive, take the time to do some research on your own. Use the product selection worksheet to list an
potential ideas.
Watch Video 15: Product Deep Dive 2.
Watch Video 16: Product Deep Dive 3.
Watch Video 17: Important Reminder.
Watch Video 18: Intellectual Property.
Watch Video 19: Your Next Step!
Check out the FBA Calculator.
Watch Video 20: Product Research Debrief.
Using the product selection worksheet and all the knowledge you've gained, spend all the time necessary to find 1-3 products
confident in the potential and would like to reach out to suppliers for.
Module 2: Product Sourcing
Watch Video 1: Intro to Product Sourcing.
Confirm the potential margins of each product you're considering at this stage.
Watch Video 2: Intro to Alibaba.
Download the "Force Background" Chrome extension.
Familiarize yourself with Alibaba.
Watch Video 3: Supplier Interaction.
Watch Video 4: Vetting Suppliers.
Begin contacting suppliers and learning more about your products.
Use the "Supplier Contact Book" worksheet in the Product Concept Workbook to begin building your list of potential suppliers
Download the Vetting Suppliers PDF for an in-depth guide.
Watch Video 5: Minimum Order Quantities(MOQs)
Use sales data and your lead time to get a rough estimate of how much inventory you'll need to start.
Download the Negotiation PDF for advanced negotiation strategies for getting the best price and MOQ.
Watch Video 6: Ordering Samples.
As you begin to narrow down suppliers, begin to order samples to vet them further.
Watch Video 31: 1688.com.
Check the prices of your potential products on 1688.com.
Watch Video 8: What's Next?
Move on to the next section as you continue to search for and negotiate with suppliers.
Module 3: Shipping
Watch Video 1: Intro to Shipping.
Watch Video 2: Shipping Quotes.
Request the info needed for a shipping quote from the suppliers you're seriously considering.
Watch Video 3: Customs/Duty Rate.
Watch Video 4: Accurate Shipping Quotes: Setting up a Bare Bones Listing.
Create your barebones listing.
Watch Video 5: Accurate Shipping Quotes: Creating a Shipping Plan, FNSKU/Carton Labels.
Create your shipping plan.
Download your FNSKU labels.
Download your carton labels.
Watch Video 6: Labels for Shipper.
Watch Video 7: Ship Directly to Amazon.
Watch Video 8: Requesting a Quote From Flexport.
Watch Video 9: Freightos .
Get a quote with whichever freight forwarder you prefer.
Check out "Profit Margins!" and use the Product Cost calculator to estimate final profitability.
Watch Video 10: Placing your First Order!
Choose a supplier and place your first order.
Take a close look at the contract they send and organize payment through Alibaba or Paypal.
Reach out to an inspector and notify them that you'd like them to inspect your order when it's ready.
Watch Video 11: What's Next?
Done:
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