Day 2 – Amazon FBA and why it’s awesome!
Reading Time: 12 Minutes
Timeline Goal: By the end of Day 2 you will have gained a solid understanding of the Amazon FBA business model
Notes: All resources and links mentioned will also be made available at the end, so you don’t have to worry about missing it if you do.
One of Jeff Bezos’s brainchild in early 2015 was the “Fulfilled-By-Amazon” service and it has been the “one ring too rule them all” (Lord of Rings fans?;)) business models that we at FosterFBA just love. This is what sets apart a successful new amazon seller from an amateur.
How It Works In A Nutshell
- You work out a deal with a supplier (local or overseas) that will manufacture your product for you
- If working with local manufacturers, you create a shipment inside Amazon Seller Central, and email your labels to your manufacturer to put on your product. The manufacturer will send your inventory to the assigned Amazon FBA warehouses
- If working with overseas manufacturers, search & hire a good Freight Forwarder to arrange everything for you for a small fee (no headaches than if you tried to intervene)
- Amazon receives your product at one or multiple of their warehouses and updates your inventory
- Customer finds and purchases your product(s) on amazon.com
- Upon purchase, Amazon finds your product within its warehouses, packages it up, and sends it to the buyer all on your behalf!
- If the customer has any questions on the product, Amazon’s customer service team makes itself available to the customer on your behalf!
P.S: Want to be guided step-by-step from Bashar Katou, an expert Amazon FBA mentor that’s in the trenches every day selling over $50,000 per month with private label? Join Bashar as an FosterLabs member, where he’ll show you how to get your profitable product launched quickly on Amazon and guide you every step of the way.
Sign-up for FosterLabs Mentorship risk free for 30 days for just $45 today!
P.P.S: If you don’t want to spend 7 days figuring out your Amazon FBA business, then we recommend Bashar Katou’s step-by-step Amazon FBA course that also comes with 2 FREE months of bronze membership to FosterLabs where you get unlimited mentorship & support! Psst. we’ve even got a $50 off coupon just for you! Use: FOSTERFBA50