What is Amazon FBA? How can YOU make money with it in 2021?π°
Amazon FBA Explained
THREAD
Amazon FBA Explained
THREAD
Amazon FBA stands for Fulfillment by Amazon (FBA)
Essentially in order to fulfill orders via Prime Shipping and get them to their customers super quick, Amazon handles fulfillment...
Essentially in order to fulfill orders via Prime Shipping and get them to their customers super quick, Amazon handles fulfillment...
How do they do this?
Using warehouses around the country, where we send our product to.
As FBA sellers we provide Amazon with the product, where they then house, pick, pack, and ship it when a customer places an order.
Using warehouses around the country, where we send our product to.
As FBA sellers we provide Amazon with the product, where they then house, pick, pack, and ship it when a customer places an order.
There are two different ways to sell on Amazon, FBA and FBM.
FBM = Fulfillment by merchant where you ship it directly to the customer when an order comes through.
Most sellers prefer FBA.
FBM = Fulfillment by merchant where you ship it directly to the customer when an order comes through.
Most sellers prefer FBA.
Why is this?
By outsourcing picking, packing, shipping and customer service, you have more time to focus on going out and hunting more product.
You save time that would be spent fulfilling individual orders as they come in.
By outsourcing picking, packing, shipping and customer service, you have more time to focus on going out and hunting more product.
You save time that would be spent fulfilling individual orders as they come in.
Additionally, you benefit from what is called the Prime bump..
The prime bump is the difference between the going price for FBM and FBA products on a listing..
Customers LARGELY prefer to buy with the 'prime' badge for obvious reasons including trust and shipping time.
The prime bump is the difference between the going price for FBM and FBA products on a listing..
Customers LARGELY prefer to buy with the 'prime' badge for obvious reasons including trust and shipping time.
So they tend to pay more, some cases 10-20% more!
Also, Amazon favors prime listings in the buy box
The buy box is basically the "buy it now" section of Amazon's streamlined check out process.
Also, Amazon favors prime listings in the buy box
The buy box is basically the "buy it now" section of Amazon's streamlined check out process.
So as resellers, we provide Amazon with the product, and they handle the rest!
That makes Amazon such a powerful business model.
They ALREADY have the customer base, and handle fulfillment, we just supply the product.
TONS of money to be made.
That makes Amazon such a powerful business model.
They ALREADY have the customer base, and handle fulfillment, we just supply the product.
TONS of money to be made.
Thanks for reading!
Drop a RT for the free game and if you're new follow along for more Amazon stuffπ°
MORE TO COME!
Drop a RT for the free game and if you're new follow along for more Amazon stuffπ°
MORE TO COME!
Some other awesome Amazon sellers anyone interested should be following π
@drewbongi
@massivefamily
@WestCoast_Goodz
@ReezyResells
@Kyle_Senes13
@drewbongi
@massivefamily
@WestCoast_Goodz
@ReezyResells
@Kyle_Senes13
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