Looking for Amazon Fba Mentor.

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Hey guys, I would like to go into Amazon FBA business. Have over 2 years internet marketing experience.

I watched over 60 hours + of webinars / podcasts / read some ebooks - the general info comes down to this.

1. Find out what is selling well on Amazon
2. Find out low competition
3. Improve the product
4. Do it nice packaging + PL
5. Count so the margin would be 50%+
6. Ship it
7. Make a nice listing including - keyword rich title + nice pictures + salesy description

8 Ship $$$$$

And it reminds me to poker coaching + poker materials - because I was a poker pro for a long time.

There were a lot of coaches - who would say - hey you need to play aggresively - you need not to let steal the blinds + do the cbeting + merge the ranges and other concepts.

But it's far far away from what you need to do in order you would become pro poker player whos making 100k+/ year.

So when I ask someone who is doing 6 figures + they basically say that they have all their listings like 2 years ago - and lots of reviews - so their items basically sell when they have 4.5+ and 500+ reviews and continues to selling almost on autopilot.

And then when you ask do you have some new products you launched recently which bring 10k+ per month. They say - we don't need to - we just focus on what we have and we promote that.

And even from those guys if you would ask the advice they would say this basic simple information everyone is selling.

Another analogy from poker. There were times when there wasnt sofisticated softwares no datamines and it was full of fishes. After black friday when US market got closed. Some guys were still coaching others for years, how to make money playing poker even though they couldnt make money themselves.

I would like to get opinion on this topic from someone who is currently selling and who has currently made products. How are they doing.

So if you are doing great, let's talk some business. I am hard working person and would love to find a mentor with whom I could strike % revenue share of business / for mentorship.
#amazon #fba #mentor
  • Profile picture of the author cabenb
    If you know the basics: Just do it. You will learn soon enough.
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  • Profile picture of the author DWaters
    Using the search feature on this forum can yield a ton of useful information. Generally I see that most questions have already been answered here, you just need to look them up.
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    • Profile picture of the author Makemoneylol
      Originally Posted by DWaters View Post

      Using the search feature on this forum can yield a ton of useful information. Generally I see that most questions have already been answered here, you just need to look them up.
      Well I am just stuck in some phase. For instance I want to develop a quality product w customisations. Also I was trying to resolve 1 issue previous product had - I wanted to improve it - so i wrote with details that it should be fixed and I talked with 38 suppliers

      38 of them said that their product don't have that issue and their products are the best. And since I dont have someone in China. How can I resolve this issue?

      And in the pictures its obvious that product isnt high quality like I want. I am talking about leather product. And the way you can say that it's not good quality - because of bad stitching.

      Even though 38 of them say - yes we can do it. And I just don't want to waste money on the samples if all of them say yes - but in reality they don't mean that.
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      • Profile picture of the author Boris_yo
        Originally Posted by Makemoneylol View Post

        Even though 38 of them say - yes we can do it. And I just don't want to waste money on the samples if all of them say yes - but in reality they don't mean that.
        You need someone's eyes in China to facilitate your souring, specifically agent you can trust. You check suppliers for their quality management systems in place, pick those that are promising and send 2 identical samples from each to your agent or you can let the job be done by your agent too. Your agent keeps 1 for inspection as his reference and sends you one for approval.
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        • Profile picture of the author Makemoneylol
          Originally Posted by Boris_yo View Post

          You need someone's eyes in China to facilitate your souring, specifically agent you can trust. You check suppliers for their quality management systems in place, pick those that are promising and send 2 identical samples from each to your agent or you can let the job be done by your agent too. Your agent keeps 1 for inspection as his reference and sends you one for approval.
          And how do I find agent like that without going to China. Because that's not an option when just starting.
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          Founder of Daytrading Stars
          I help day traders to become consistently profitable

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          • Profile picture of the author Shellg
            When Ive made some more money on eBay with the stuff Im buying from China, I want to use Amazon FBA, so Ive been looking around a lot and Im going to join Jim Cockrums PAC.

            Very low cost and an amazing lot of extra stuff included not just FBA. Its like having your own mentor.
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      • Profile picture of the author Importexport
        Originally Posted by Makemoneylol View Post

        Well I am just stuck in some phase. For instance I want to develop a quality product w customisations. Also I was trying to resolve 1 issue previous product had - I wanted to improve it - so i wrote with details that it should be fixed and I talked with 38 suppliers

        38 of them said that their product don't have that issue and their products are the best. And since I dont have someone in China. How can I resolve this issue?

        And in the pictures its obvious that product isnt high quality like I want. I am talking about leather product. And the way you can say that it's not good quality - because of bad stitching.

        Even though 38 of them say - yes we can do it. And I just don't want to waste money on the samples if all of them say yes - but in reality they don't mean that.
        Are you sure you are dealing with genuine manufacturers? The big B2B sites list thousands of traders masquerading as manufacturers and those traders don't have the ability to customize. They will pay a manufacturer to do it if you have already placed a big order with them.

        There are other quality issues with leather products, as you probably know. The fittings (known in the industry as findings) are often of incredibly poor quality. They are mostly made of extremely thin brass. Most of the fittings are electroplated, (even brass ones are plated in brass) and they barely hit the bath before they are taken out. The result is that the plating quickly rubs off leaving the poor quality brass underneath showing a different color than the gold look brass plating.

        I guess you know what faux leather means, but a lot of suppliers, especially traders, use the word "leather" improperly. I have seen products listed on the big B2B sites as leather when I know they are not.

        Some will call it PU leather, and a lot of innocent buyers think that PU is a grade of leather. PU stands for polyurethane and it is plastic, not leather.

        You are far less likely to encounter the troubles you are experiencing if you only look at sites where you know that if they are listed as a manufacturer that is what they are. Manufacturers are far less likely than traders to sell poor quality.
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        Use emotions and perceptions to build a great brand. Ask me about my book LabelsThatExploit. For safe sourcing and easy importing from 41 countries globally, see https://provenglobalsourcing.com
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        • Profile picture of the author Makemoneylol
          Its seems that you had some experience with this.

          My case is that I want to develop high quality leather gloves - I know big competition - but it has a big affinity with me - and I would like to have gloves like this.

          When I am showing them examples of what I want to make. They say yes.
          And they even quote how much it will be 1000 units / 2500 units and so on.

          And then I say, ok guys please make a picture what kind of high quality leather gloves you can develop and they send me this

          View image: palm

          Which is not even leather at all. And it seems that I write to reputable manufactures like 3years+ gold suppliers assesed and + onsite check - but I still have same issue.

          There are some factories who can produce high quality leather but they want to charge 9$/5000 units. And thats even without premium packaging.

          When best gloves in US you can get for 20$

          So I am kind of lost - going in circles. Thats why I wrote that it would be nice to have a mentor who been in this business for some time. And strike some deal with him.

          Most basic information is available on the internet freely, but when I get a roadblock like this, only experience can fix issue like that - and no ASM or Startup bros course will help.


          Originally Posted by Importexport View Post

          Are you sure you are dealing with genuine manufacturers? The big B2B sites list thousands of traders masquerading as manufacturers and those traders don't have the ability to customize. They will pay a manufacturer to do it if you have already placed a big order with them.

          There are other quality issues with leather products, as you probably know. The fittings (known in the industry as findings) are often of incredibly poor quality. They are mostly made of extremely thin brass. Most of the fittings are electroplated, (even brass ones are plated in brass) and they barely hit the bath before they are taken out. The result is that the plating quickly rubs off leaving the poor quality brass underneath showing a different color than the gold look brass plating.

          I guess you know what faux leather means, but a lot of suppliers, especially traders, use the word "leather" improperly. I have seen products listed on the big B2B sites as leather when I know they are not.

          Some will call it PU leather, and a lot of innocent buyers think that PU is a grade of leather. PU stands for polyurethane and it is plastic, not leather.

          You are far less likely to encounter the troubles you are experiencing if you only look at sites where you know that if they are listed as a manufacturer that is what they are. Manufacturers are far less likely than traders to sell poor quality.
          Signature

          Founder of Daytrading Stars
          I help day traders to become consistently profitable

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          • Profile picture of the author Importexport
            Originally Posted by Makemoneylol View Post

            Its seems that you had some experience with this.

            My case is that I want to develop high quality leather gloves - I know big competition - but it has a big affinity with me - and I would like to have gloves like this.

            When I am showing them examples of what I want to make. They say yes.
            And they even quote how much it will be 1000 units / 2500 units and so on.

            And then I say, ok guys please make a picture what kind of high quality leather gloves you can develop and they send me this

            View image: palm

            Which is not even leather at all. And it seems that I write to reputable manufactures like 3years+ gold suppliers assesed and + onsite check - but I still have same issue.

            There are some factories who can produce high quality leather but they want to charge 9$/5000 units. And thats even without premium packaging.

            When best gloves in US you can get for 20$

            So I am kind of lost - going in circles. Thats why I wrote that it would be nice to have a mentor who been in this business for some time. And strike some deal with him.

            Most basic information is available on the internet freely, but when I get a roadblock like this, only experience can fix issue like that - and no ASM or Startup bros course will help.
            My experience involves running an importing business for 22 years before I retired. I operated in 4 countries where I had many franchisees working for me.

            Products imported include some high quality leather goods, but my knowledge of the leather industry goes back to when I supplied industrial products to that industry.

            I see from your comments that you are obviously sourcing through Alibaba, as ASM, Startup Bros, and most other importing "experts" advise. That advice is what gives so many people a bad start.

            It is why I asked "Are you sure you are dealing with genuine manufacturers?" You are undoubtedly dealing with traders, most of whom would have little knowledge of the products they are selling. That is why they are offering fake leather and calling it leather.

            Gold Suppliers are just ordinary verified suppliers who have paid as little as $299 to make people believe they are trustworthy. "Verified" means they exist!

            Your big problem is sourcing, and your chances of success are limited unless you find genuine manufacturers. I have taught hundreds of people how to safely source products from the real manufacturers.

            The first step is to only use safe sourcing sites. I don't publish these online because there is a lot more to safe sourcing than just using safe sites. See my thread: If your secret B2B portals are so safe why don't you share?

            You will find some helpful information there and some more reasons why I don't publish those sites online.
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            Use emotions and perceptions to build a great brand. Ask me about my book LabelsThatExploit. For safe sourcing and easy importing from 41 countries globally, see https://provenglobalsourcing.com
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  • Profile picture of the author Ryan David
    So when I ask someone who is doing 6 figures + they basically say that they have all their listings like 2 years ago - and lots of reviews - so their items basically sell when they have 4.5+ and 500+ reviews and continues to selling almost on autopilot.
    This shouldn't be that surprising though. My most successful listings are from 2+ years ago. I have some newer listings that are from the last 12 months, but those are still in the growth phase. Despite what some gurus will tell you, even if you have a very successful product, you are generating major cash flow (that goes into your pocket) for quite awhile. I sold out of 1500 units of a product and needed to turn around and order 4500 units. That continues to happen for awhile until you get a few inventory turns under your belt.
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    • Profile picture of the author Boris_yo
      Originally Posted by Ryan David View Post

      I sold out of 1500 units of a product and needed to turn around and order 4500 units. That continues to happen for awhile until you get a few inventory turns under your belt.
      What do you mean by this?
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      • Profile picture of the author Ryan David
        Originally Posted by Boris_yo View Post

        What do you mean by this?
        It means when a product it selling well, it's not like you can just turn around and put the money in your pocket. It needs to be re-invested into purchasing more inventory, usually at a much higher level than you did initially.

        If you sell through your 1500 units in a month, then you probably want to buy 5000 so you don't run out.
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        • Profile picture of the author Boris_yo
          Sounds like planning for LCL at least is involved while supplementing sea freight waiting time with air express orders.
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