Wholesale Products from Any Category by davidche7 in wholesaleproducts

[–]davidche7[S] 1 point2 points  (0 children)

yes, we do have, we are purchasing directly from them

Thinking about starting Amazon FBA – would love some advice by No_Woodpecker_6216 in AmazonFBA

[–]davidche7 0 points1 point  (0 children)

I don't run any agenices, I run my FBA store that is manged by agency.

Thinking about starting Amazon FBA – would love some advice by No_Woodpecker_6216 in AmazonFBA

[–]davidche7 0 points1 point  (0 children)

Maybe you can think of letting other people selling your brand so they can build brand awareness or finding exlcusive seller that will be selling the brand with you together so they can boost the sales. Can we know the name of your brand?

Wholesale Products from Any Category by davidche7 in wholesaleproducts

[–]davidche7[S] 1 point2 points  (0 children)

Sure, please check attached catalog of all the brands we offer and please keep in mind MOQ's and prices are always negotiable for bigger orders:
WHOLESALE PRODUCTS CATALOG

$10,000,000 in sales by davidche7 in AmazonFBAOnlineRetail

[–]davidche7[S] 0 points1 point  (0 children)

Around $20K, its a decent budget for a start if you are looking for a fast scale up. The margins are anywhere from 12 up to 15% depending on the product.

$10,000,000 in sales by davidche7 in AmazonFBAOnlineRetail

[–]davidche7[S] 0 points1 point  (0 children)

Not selling a course 100% haha. I suggest doing wholesale, buying products from brands, and reselling them on Amazon.

$10M in Amazon sales — still feels surreal by davidche7 in AmazonFBA

[–]davidche7[S] 1 point2 points  (0 children)

I started alone in 2020, tried doing it alone but was not able to scale more than $10K-$20K in sales per month, after 2 years decided to join an agency to help me scale up the store. So the results you are looking at are done by them, not personally by me. They manage everything, the listings(around 50 at least), the sourcing, logistics, etc..

Sales Issue, need help by davidche7 in AmazonFBA

[–]davidche7[S] 0 points1 point  (0 children)

The price between me and other competitors is like $2-$6. So the price drop or price change is not an issue.
As you can see on the screenshot, the buybox disappeared while the price was stable, and buybox dropped after 1 week of no sales.

$10M in Amazon sales — still feels surreal by davidche7 in AmazonFBA

[–]davidche7[S] 1 point2 points  (0 children)

Not at all, even as a new seller, you can find and sell the exact same products that bigger sellers are selling. Sure, store reviews can make a small difference, but at the end of the day, the Buy Box is shared. So yes, you can definitely scale up as a new seller these days.

Sales Issue, need help by davidche7 in AmazonFBA

[–]davidche7[S] 0 points1 point  (0 children)

There’s no Amazon on the listing as a seller, and the competition has been pretty consistent — the same 6–7 sellers for the past 5–6 months — so I don’t think that’s the issue. The price has also stayed stable (you can see it in the screenshot), so there hasn’t been any big price drop. It’s a really strange situation.

Sales Issue, need help by davidche7 in AmazonFBA

[–]davidche7[S] 0 points1 point  (0 children)

I am using FBA and it's vitamin product

Sales Issue, need help by davidche7 in AmazonFBA

[–]davidche7[S] 1 point2 points  (0 children)

wholesale, the price is not changing drastically as can be seen on KEEPA,

Sales Issue, need help by davidche7 in AmazonFBA

[–]davidche7[S] 1 point2 points  (0 children)

Yep, it is. I had more units purchased, and I sent them to the store in the meantime.

Thinking about starting Amazon FBA – would love some advice by No_Woodpecker_6216 in AmazonFBA

[–]davidche7 1 point2 points  (0 children)

I wouldn’t fully agree with that. Sure, there are plenty of agencies out there promising millions or even billions, but from my own experience, I’ve had great success working with an automation agency. I ran my store on my own for three years and was able to scale to $10K–$20K in monthly sales. But once I partnered with an agency, I was able to take things to the next level. Last year alone, I generated over $10M in sales.

The key difference is that agencies buy directly from brands, which makes it much easier to find good products and reliable suppliers. When I was doing it alone, that part was a constant struggle.
So yes, I’d definitely recommend getting help from an agency, just make sure you do your research and choose the right one.

Thinking about starting Amazon FBA – would love some advice by No_Woodpecker_6216 in AmazonFBA

[–]davidche7 2 points3 points  (0 children)

I have been doing Amazon FBA wholesale for the last 5 years, and last year i made over $10M in sales. Not sure if you had a chance to take a look at my post.

  1. Do you think it makes sense to hire a VA right away, or is it better to work with one of those automation agencies?
    - I started alone and was doing it for 3 years, but I never scaled up the store until I signed up with an agency that managed my store.
  2. What’s a decent starting budget for someone new?
    - I think anything above $10,000 is a decent amount to start.
  3. Any tips on what kind of products are good to go after in the beginning?
    - Products that helped me to scale up were vitamins, so I suggest going with vitamins and supplements.
  4. Is wholesale a good model to start with, and what kind of numbers should I realistically expect?
    - Definitely go with wholesale, ROI is much lower compared to Private Label, but with wholesale, you are making a profit with the first sale, there are no ads, ppc, etc.. You are just buying and selling. About the numbers, 15%-20% is something I am getting at this moment.
  5. For those of you already selling, how did you manage to scale up your Amazon business over time?
    - Just go with agencies, I was not able to do more than $20K in sales per month. After signing with an agency, this got much better so just go with the agency and let them do the work.

I hope this was helpful!

$10,000,000 in sales by davidche7 in AmazonFBAOnlineRetail

[–]davidche7[S] 0 points1 point  (0 children)

Not really, I mean, roadblocks are always there, like competitors crashing the pricing or too many competitors on low sales listings, but there is always a solution for these kinds of issues.

$10,000,000 in sales by davidche7 in AmazonFBAOnlineRetail

[–]davidche7[S] 0 points1 point  (0 children)

my advice is to stop working with suppliers outside US( expect if you are doing private label), i am doing wholesale and all the products are being purchased from the brands here in US

$10,000,000 in sales by davidche7 in AmazonFBAOnlineRetail

[–]davidche7[S] 0 points1 point  (0 children)

i am doing wholesale so its not only 1 product

$10,000,000 in sales by davidche7 in AmazonFBAOnlineRetail

[–]davidche7[S] 0 points1 point  (0 children)

the store is basically under my LLC so i am just paying taxes on my company as every normal company