Amazon FBA Beginners - 10 Things You Need to Know
New to Amazon? In this video, we share the top 10 things you MUST know when getting started selling on Amazon. We've been where you are! We'll help get your past the roadblocks and get you on your way to Amazon selling success.
Business
1. Be Legit- EIN #, resellers license, sales tax for your state
2. Know your numbers: business reports, bookkeeping, FBA revenue calculator
3. ROI calculation
Inventory
4. Restricted Categories/Restricted Brands
5. Ungating….What you need to know and what you can sell NOW
6. Where to buy inventory: Yard sales, estate sales, thrift shops, FB sal groups, Retail, wholesale, online
7. Processes: purchase organization, listing organization, TOUCH point reduction, shipping shortcuts
Prep
8. Supplies: what you need, goo gone, scottie peelers, boxes, poly bags, lables
9. How to prep: what needs prepping, destickering, bubble wrap, dunnage
10. Game Changing Tools: barcode scanner, dymo, box resizer, scanfob, phone upgrade ect
Air Date: August 6, 2016
Links from the video:
Sign up for your EIN - https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online
Break It Down: Simplified Sales Tax, Insurance, and bookkeeping for Your Amazon Business http://classes.mommyincome.com/store/9rPNjMnK
Categories Info: https://services.amazon.com/services/soa-approval-category.htm
Uhaul Moving Supplies - https://www.uhaul.com/MovingSupplies/
Bubblefast - http://www.bubblefast.com/store/pc/FBA-Supplies-c175.htm [use code mommyincome to get 10% FBA supplies]
Resource Guide - www.mommyincome.com/resourceguide
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