$50 to $500<\/em>\u00a0depending on the state where you choose to incorporate.<\/li>\n<\/ol>\nThe total cost ranges between a\u00a0minimum of ~$1500<\/em>\u00a0and\u00a0a recommended amount of ~$2000<\/em>\u00a0.<\/p>\nThis is a relatively small amount of money to start a business.\u00a0However, as previously stated, Amazon FBA requires very high cash flows and we recommend starting with\u00a02.5x the total cost of the product<\/em>\u00a0as you will need a large buffer in case your first product is successful and sells out within the first month or so. Togo.<\/p>\nLeaving the store with your first product is a big no-no, because once you’re in stock, your product will plummet or even disappear, and digging yourself out of that hole will cost you tons of money.\u00a0And even then nothing is guaranteed.\u00a0Always plan your inventory accordingly.<\/p>\n
<\/span>Starting an Amazon FBA Private Label<\/span><\/h2>\nNow that you’re familiar with the Amazon FBA process, we can move on to the most important part of the guide – and presumably the main reason why you’re here – to start your own FBA private label business.<\/p>\n
The five steps from zero to hero that you need to complete can be broken down into two meta sections:<\/p>\n
\n- a) Steps to take before your product reaches the Amazon fulfillment center:<\/li>\n
- Product \/ Market Research<\/li>\n
- Product search<\/li>\n
- Go to Seller Center and list your product<\/li>\n
- b) The steps you take to successfully launch your product after it goes to Amazon\u00a0Fulfillment\u00a0Center:<\/li>\n
- Delivery of your product<\/li>\n
- Launching and marketing your product – first sales and reviews<\/li>\n<\/ol>\n
The way to scale your Amazon FBA private label business is simple: go through the same process and add more products.\u00a0Rinse and repeat.<\/p>\n
<\/span>Launching and marketing your product – first sales and reviews<\/span><\/h2>\n![\"\"](\"https:\/\/friendsoftoms.org\/wp-content\/uploads\/2022\/03\/1.png\")
<\/p>\n
Sales speed is king.\u00a0You’ve found a winning product, you’ve found your supplier, you’ve arranged shipping, and you’ve created a listing – now all you have to do is launch your product properly.<\/p>\n
What does it mean?\u00a0This means you should be getting sales and positive feedback as soon as possible after launch.\u00a0This will allow you to “notice” the A10 algorithm and Amazon will rate your products higher, resulting in even more sales.\u00a0The goal is to get you on the first page of Amazon (for your target keyword), which is where most of the sales happen.<\/p>\n
The lesson here is that you can’t expect your product to sell organically when you first launch it, or heck, even before you get it on the first page.\u00a0You must do your best to get the product in front of the right customers.\u00a0You need the right marketing.\u00a0You have to spend money to make money.<\/p>\n
<\/span>Amazon Advertisements<\/span><\/h3>\nAs you enter into this, you must understand that we need to butter both sides of the bread at the same time.\u00a0You don’t wait for your friends or family to buy your products, or hope that your advertising campaign generates enough sales for you to appreciate your product – you attack it on all fronts at the same time.\u00a0You optimize your ad, run giveaways, and pay Amazon to show your ad above everything else at the same time.<\/p>\n
Finally, one more piece of advice before we end with this: if you don’t have a disposable income, don’t buy any courses that will teach you how to sell on Amazon FBA.\u00a0We’re not saying good courses don’t exist, all we’re saying is if you have the time and are willing to put in the effort, you can learn how to sell on Amazon for free.\u00a0Our guide is more than enough to get you started, and there are many more guides, articles, YouTube videos, podcasts, e-books, and free courses to get you where you want and need to be.<\/p>\n","protected":false},"excerpt":{"rendered":"
It’s important to take the time to really think about all the costs of setting up an Amazon account, from a successful social media presence to referral fees, grocery shipping costs, and more. Since we are introducing the concept of Private Label (PL) for the first time, it is fair to first explain what PL…<\/p>\n","protected":false},"author":2,"featured_media":2991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[33],"tags":[],"_links":{"self":[{"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/posts\/2989"}],"collection":[{"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/comments?post=2989"}],"version-history":[{"count":0,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/posts\/2989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/media\/2991"}],"wp:attachment":[{"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/media?parent=2989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/categories?post=2989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/tags?post=2989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}