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HOW TO FIND PROFITABLE PRODUCTS TO SELL ON AMAZON IN 2018 (WHOLESALE EDITION)

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In this video I will show you my exact step-by-step process for researching profitable wholesale items to sell on Amazon. For anyone who is interested in a deeper understanding of the wholesale business model on Amazon, and what I look for when doing product research - this video is for you! Be sure to watch it all the way through as I go item by item on Amazon. Every situation is unique and different, and doing the research manually like this will help you understand and dominate the Amazon business. JOIN MY EXCLUSIVE FACEBOOK GROUP FOR WHOLESALE SELLING ON AMAZON (FREE) 👉https://www.facebook.com/groups/478802089221735/ FOR A BEHIND THE SCENES LOOK AT MY AMAZON BUSINESS FOLLOW ME ON INSTAGRAM @WATCHMEAMAZON 👉https://www.instagram.com/watchmeamazon/?hl=en ++++++++++++++++++++++++ Video Breakdown +++++++++++++++++++++++ 1:19 - What is wholesale on Amazon 2:41 - How do I get access to products to sell 3:36 - What to do with a wholesale price list 4:17 - The step by step tutorial starts 5:05 - Negotiation is one of the key that will dictate your success in wholesale seller on Amazon 6:10 - What to look at in a wholesale price list 8:20 - How I look up products on Amazon 9:15 - Why I always sort Amazon results by featured 10:47 - Complete product page analysis (Completion and Buy Box) 11:59 - How to price products on Amazon 12:49 - Checking the BSR (Best Sellers Rank) 13:30 - Using the Amazon FBA calculator 15:50 - Techniques to evaluate the competition 18:40 - The importance of understanding your cost 25:17 - Reminder: 95% of items I look at suck 31:15 - Competing against Amazon 34:07 - Who gets the buybox 37:15 - I typically don’t like to compete with Amazon here’s why 39:36 - What Wholesale is all about 46:30 - First profitable product +$15.66 profit 54:07 - Second profitable product +$5.81 profit 56:18 - How I use Keepa to understand the history of item on Amazon 57:17 - Third profitable product +$9 profit 59:06 - Fourth profitable product +$4.83 profit 1:03:18 - Why you should not use software as a beginner on Amazon 1:09:27 - Manual work for two years that’s how started selling on Amazon 1:10:00 - Fifth profitable product +$6.09 profit 1:11:50 - Recap on the strategy and mindset to win on Amazon 1:15:24 - Sixth profitable product +$8 profit (for advance sellers) 1:18:00 - How my custom software helps me find products Thank you for watching - PLEASE SUBSCRIBE - and for more wholesale Amazon FBA info follow me on Instagram @ WatchMeAmazon
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Text Comments (444)
Watch Me Amazon (11 months ago)
JOIN MY EXCLUSIVE FACEBOOK GROUP FOR WHOLESALE SELLING ON AMAZON (FREE) 👉https://www.facebook.com/groups/478802089221735/ FOR A BEHIND THE SCENES LOOK AT MY AMAZON BUSINESS FOLLOW ME ON INSTAGRAM @WATCHMEAMAZON 👉https://www.instagram.com/watchmeamazon/?hl=en
KK Harris (17 days ago)
Fantastic video Larry.
ArbitraryLifestyle (19 days ago)
The most critical part of this video (for me) is the software you're using to scan the list per your preferences. Can you tell me about how you created it? What language it's written in, did you buy it and tweak it? Build it completely from scratch yourself? Use an online service to do the scanning?
Luang PuTuad (1 month ago)
He plays osrs
ArbitraryLifestyle (1 month ago)
The amount of items you will pass on is disheartening for me. EVERY single product I find/become interested in selling has literally only a few cents profit.
Watch Me Amazon (1 month ago)
ArbitraryLifestyle go more Niche. And, others are probably getting the same products for less
ArbitraryLifestyle (1 month ago)
+Watch Me Amazon Agreed. I've steered clear of well-known brands and still have this issue. It blows my mind how many people must be out there doing this because the competition is fierce.
Watch Me Amazon (1 month ago)
ArbitraryLifestyle that because you are probably contacting companies that are too “mainstream”. The more mainstream a supplier, the more popular their products. The more popular their products, the more competition and price erosion you’ll see. The riches are in the niches
Gadget Store (1 month ago)
How to get the wholesale price list of any brand products ?
Gadget Store (1 month ago)
+Watch Me Amazon Bro If i want to start a business like this first i need to open a wholesale account and then need to contact with the existing brand selling their own products and ask them to give me the wholesale list of their products so i can buy them and send it to FBA and sell it with the same price other sellers are selling to get higher chance for getting BUY BOX feature and for orders. If i need to do more things rather than this than pls mention it so i can look forward on that as well Or i am thinking right and should start with this ?
Watch Me Amazon (1 month ago)
Gadget Store in a nutshell, open a wholesale account
Ali (1 month ago)
how do you negotiate a deep discount with suppliers ?
Ali (1 month ago)
Excellent video ! How much money do you need to get started in wholesale on Amazon?
Ali (1 month ago)
+Watch Me Amazon got it, thanks
Watch Me Amazon (1 month ago)
Ali like 5k at least
MyEcoLife (2 months ago)
I have tons of products to wholesale. ..what is the best way to connect with buyers?
Adelphe Massa Sakou (2 months ago)
Where to find the excel list ?
Diana Normatov (2 months ago)
What’s seller fulfilled prime? How does that work?
Bosco Andrianto (2 months ago)
learned alot from this video thx man
Vitalii Amazon (3 months ago)
Why u no use Keepa?
Watch Me Amazon (2 months ago)
Vitalii Amazon I do, but wanted to film this tutorial raw
England Ibalio (3 months ago)
Hello. Just a quick question. Do you ever need to use tools like jungle scout for monthly sales volume?
Watch Me Amazon (3 months ago)
England Ibalio yes, but they have a free tool for that
Kevin Griffin (3 months ago)
Just started watching your videos not so long ago, the value you offer is ridiculous. Based in ireland and following your guidance has landed me wholesale accounts with several uk and Irish wholesalers, you the man✌
Watch Me Amazon (3 months ago)
kevig 16 sweet. Way to take initiative man!
austin profenius (3 months ago)
Hey man love your videos i've learned a lot in a short amount of time, super valuable stuff here. Waiting for that video on how to buy wholesale and negotiate discounts man! I need some help with that!
Watch Me Amazon (3 months ago)
austin profenius all good things come to those who wait
Footage (4 months ago)
+watch me amazon Doesn't it cost 3,000 to get approved to sell supplements on Amazon???
Footage (4 months ago)
Let's say you get a bunch of products and the price changes so much that you can't sell them. What do you do with the products?? How do you get your money back?
Watch Me Amazon (3 months ago)
Footage hold them for a little while to see if the situation changes, or sell them at a break even/loss to het my money back
Footage (4 months ago)
What if the seller sees that you matched his price and they do a price war because they're ready to beat you easily on the price.
ongBakvue (4 months ago)
Larry, do you recommend researching suppliers/distributors and looking at their catalog to see what’s profitable first or do you recommend looking at products and seeing if there is a profit and then reach out to suppliers/distributors for their catalog and pricing?
ArbitraryLifestyle (19 days ago)
+ongBakvue Did you buy it and sell it for a profit?? How are your sales going lately?
ongBakvue (3 months ago)
Larry, I landed my first supplier today that has a product I wanted that’ll help me profit $26 a product! Thank you so much for teaching me so much and motivating me! You the bomb!
Watch Me Amazon (4 months ago)
ongBakvue both, and testing to see which works best for you
Latent Gamer (4 months ago)
I have a really important question. If the product has a good rank and I put it on the lowest price on amazon like showed in the video. Will the product definitely sell. I am also with solgar.
Money Matters (4 months ago)
Finally, someone speaking the truth without a "buy in" for the information. Question: What did that poor enter key ever do to you?
Latent Gamer (4 months ago)
I just got in contact with ‘solgar’ and got a deal done. Should I follow this same process and use it step by step to get profit?
Latent Gamer (4 months ago)
Watch Me Amazon yes I can resell on amazon . Should I just follow your same process?
Watch Me Amazon (4 months ago)
Latent Gamer make sure you’re allowed to resell the products on Amazon as solgar is a company that may actively pursue unauthorized amazon sellers
TBoanProds (4 months ago)
Nice! Thanks.
Latent Gamer (4 months ago)
How did u get the excel page
Watch Me Amazon (4 months ago)
Latent Gamer that’s a price list from a supplier
Watch Me Amazon (4 months ago)
Latent Gamer that’s a price list from a supplier
Tyronny Melendez (4 months ago)
where do you get the item catalogs from?
Tyronny Melendez (4 months ago)
Thanks and when you said you will order about 60pieces did u mean 60 units or 60 boxes filled with X amount of items inside
Watch Me Amazon (4 months ago)
Tyronny Melendez from manufacturers & wholesale distributors
Vasile Slevoaca (4 months ago)
Hi Larry, just a short question, maybe noobie... Where did you get from that list with all those products? I appreciate if I will get a answer. All goods ✌️
Vasile Slevoaca (4 months ago)
+Watch Me Amazon thank you for fast reply. You're the best. Good luck further!
Watch Me Amazon (4 months ago)
Vasile Slevoaca from the brands directly or wholesale distributors
Elliot Wilks (4 months ago)
Hi Larry! Does your List Price (Sales/ Buybox Price) take the average price for the past 3 months or is it the live price at that moment?? Kind Regards Elliot
Elliot Wilks (4 months ago)
+Watch Me Amazon Thank you! How can I go about getting software similar to yours? Did you get a high tech person to create it for you?
Watch Me Amazon (4 months ago)
Live at the moment, but the average has to support this
Sandreelz (5 months ago)
WOW! Just finished this video and am replaying it. This is pure gold! I've been super interested in getting into wholesale and this has to be the sourcing blueprint when starting out. Thanks for this video Larry!
jerry richardson (5 months ago)
Great video!! Thanks!!
Andy Sakhrani (5 months ago)
I really had a great educational experience watching your Wholesale business on Amazon
jellissa (5 months ago)
I see that you are getting the catalog first then researching the product. What about researching the product first in Amazon to find a good one with a program like JungleScout, then working with the suppliers and getting a catalog? So basically, you are saying that you are getting a bunch of catalogs first? But then, how do you know which product category are the most profitable if you are doing it that way? I am not knocking down your method, I am just trying to understand the process to make it work for me.
Rodric King (6 months ago)
Bro, I love you. You are the shit. No selling. No pitching... I will donate. Just setup up the platform... Thank you for sharing...
Dan Gibbs (6 months ago)
Hi Larry, I am new to this but have many years of business experience. After spending many weeks researching and watching informational wholesale/private label videos.....I have to say You are the real deal and the information you are providing is easy to follow and understand, Just watched your video (11/12/18)....GREAT!!! Question: The software you are showing right before the end of the video, tab name is "Supply Chain Supplier", Where can I find this software?Thanks!
Watch Me Amazon (6 months ago)
Dan Gibbs my own personal creation. Will be releasing sometime in 2019. And thank you!
kenneth lee (6 months ago)
did you learn this from beau or did beau learn from you?
Watch Me Amazon (6 months ago)
etail forest neither
Aldeana Valdez (7 months ago)
I’m wondering because when your a brand new seller you have no leverage to the companies, no proof you can sell. So what’s your grounds to negotiate? Or do you have to go about it another way? I just don’t know who else to ask and you seam like the only one not trying to sell a get rich quick course bs
Aldeana Valdez (7 months ago)
@watchmeamazon thank you, makes sense. Keep doing what your doing, it really helps!
Watch Me Amazon (7 months ago)
Aldeana Valdez present yourself as someone who eventually can be a big customer and ask for a discount. At the end of the day tho, money talks
Aldeana Valdez (7 months ago)
Is this how you started or you had to go about it another way?
Aldeana Valdez (7 months ago)
Ok and one more question not sure if you know but just seams common sense, why wouldn’t these companies just post to amazon?
Watch Me Amazon (7 months ago)
Aldeana Valdez this
Kevin203- (7 months ago)
2 questions, do you contact the brand and ask for all those prices and etc for each item? And how much do you recommend for someone to buy for their first order?
Watch Me Amazon (7 months ago)
Kevin203- yes, and I recommend starting with small test orders
CoryeP32 (7 months ago)
Would it make sense to start out focusing on a specific niche? Or could a new seller open accounts in different categories? Example: If I were selling electronics, would it be feasible to be able to open an account with a vitamin supplier?
CoryeP32 (7 months ago)
Ok got you..check your dm whenever u get a min (IG)
Watch Me Amazon (7 months ago)
CoryeP32 you could technically go after any niche you want - but it’s more organized to go after one
MackGauge1 (7 months ago)
Thanks...straight up knowledge!
Sleepy jackson (7 months ago)
How do you still win the buybox when amazon is selling the same product on some of those listings? Usually, it seems they always win the buy box for the most part or until they run out of stock. Any tips on that would be of great help
Watch Me Amazon (7 months ago)
Sleepy jackson I typically avoid listings with amazon on them
Marching Giant (7 months ago)
How did you manage to get that list of products in the first place. Great video much appreciated...
Marching Giant (7 months ago)
+Watch Me Amazon can you refer anyone who'd be able to help me acquire a business address, along with a business bank account in the USA?! Any authentic or legit company that provides such services that you know of?! Would really appreciate it.
Marching Giant (7 months ago)
+Watch Me Amazon thanks very much again buddy you've been really helpful. I really appreciate it. I always wanted to start to sell on amazon and for that I've been living in a country (Bangladesh) that can't represent an American address if I really want to conduct business as an American company - I already talked with few sources that I found online but weren't trust worthy enough or somwhat unable to solve the problems such as registering an LLC and opening up a business bank account...
Watch Me Amazon (7 months ago)
Marching Giant yes, except some are harder to open than others
Marching Giant (7 months ago)
+Watch Me Amazon thanks very much. Can I open as many wholesale account with as many brands we like?!
Watch Me Amazon (7 months ago)
Marching Giant opening a wholesale account with the brand
Sheraz Khan (7 months ago)
That excel spreadsheet that u had of solgar products, did u get it straight from solgar? How were u able to get access to all 500 of their products in the form of a spreadsheet? Did u get the spreadsheet from a solgar distributor? The manufacturer? Please let me know. Thank you very much. Continue to put out great content
Uyghur Media (8 months ago)
Thank you Larry for providing such a great content. love it. I got a question, how do we find a legit distributors / wholsalers for a product?
hbb (8 months ago)
Honestly you may find a programmer, who writes a script to go through your excel data, make Amazon API call to get item prices, then calculate FBA cost and get you the results. Did not try it yet, but I believe Amazon has APIs to do those kind of stuff.
hbb (8 months ago)
Ah OK, I did not notice the last software you showed doing same stuff. Then it is cool :) Do you have a plan to make videos to find suppliers from Ali Baba?
Watch Me Amazon (8 months ago)
hbb have that
arda aybey (8 months ago)
WO WOW WOW.. there is a word says" the only thing that multiplyes by sharing is knowledge" is that true??
Erik ErXoN (8 months ago)
great video. one of the best i've seen. it is always the best to see HOW THINGS ARE DONE rather than to listen same amount of time just blahbing. everything is clear and real as it is. superb video!!! i just have a question... whats the best way to start wholesale amazon business but without actually keeping items in a house? i understand that margin will be lower and it is totally OK to start with, just as long as the ball can be started rolling? at the start i would be even happy with 50 bux a week profit LoL
Watch Me Amazon (8 months ago)
Erik ErXoN thanks man!!
MENTES LIVRES (8 months ago)
Very tedious but very interesting process and most people aren’t willing to do it. The problem is the whole “passive income” gimmick paddled by Tim Ferris and others a few years ago that made people not want to work hard to earn their money. Thanks for the great advice, Larry!
destinicoach (9 months ago)
Low audio
Jamie Sutherland (9 months ago)
I'd have to say this is probably my favorite Wholesale FBA video yet, by anyone. I've been doing PL for 8 months after years of fiddling around and am doing between $1000-1100 a day in sales @ 40% ROI. Enough to live on, work from home and expand, but I can definitely see where Wholesale would be easier and faster to scale. Thanks again for the great content. I'm keeping an eye on you ;)
Watch Me Amazon (9 months ago)
Jamie Sutherland thanks man! Appreciate that amazing compliment
ladyfitness67 (9 months ago)
Thank you for the in sight ..... New UK wholesale retail seller
Watch Me Amazon (9 months ago)
ladyfitness67 awesome
Rick H (9 months ago)
If he is using FBA then why does he need a warehouse?
Rick H (9 months ago)
Got it. Thanks for the reply, bud!
Watch Me Amazon (9 months ago)
Rick Hessler to receive, pack, prep and label my products before sending them to FBA.
Lara Mai (9 months ago)
I don't understand why you don't just use pricechecker2 or another list scanner software, instead of going through it one-by-one like that?!
Watch Me Amazon (9 months ago)
Lara Mai I do, but I can’t explain my process and teach what I’m doing by showing it done like that. I also believe new sellers should spend a lot of time doing it MANUALLY in the beginning. The knowledge you get from the marketplace by doing it that way is priceless.
Eduardo Mazzola (9 months ago)
How do you have this list , with the prices?
Watch Me Amazon (9 months ago)
Eduardo Mazzola by opening a wholesale account with the brand or distributor
Kristina S (9 months ago)
What about the Top 100 Amazon Best Sellers?
Kristina S (9 months ago)
why not just use them instead researching products? i'm new to this, so don't throw rocks at me haha
Watch Me Amazon (9 months ago)
what about them?
Second Coming (9 months ago)
A lot of Mentors has opened their secret , how to do FBA. Good Job, bro.
Second Coming (9 months ago)
watch me amazon : THX.
Watch Me Amazon (9 months ago)
Second Coming skills
Second Coming (9 months ago)
Hi Larry : Many wholesale deny seller request, how can you get your wholesale price list ?
Watch Me Amazon (9 months ago)
Second Coming thank you
Anna Rollina (9 months ago)
Thank you Larry! just some question behind my head, why would you want to share information like this? isn't it going to make the business you are in more competitive? Sure I understand you may have course for us to sign up for a cost, is the profit made from your courses worth the competition you bring in? Anyone can enlighten me?
Watch Me Amazon (9 months ago)
Anna Rollina competition is coming in regardless. Thousands of sellers daily. I won’t make a dent
AutoVlogs (9 months ago)
you can add a chrome extension which displays item rank right in the main search page. ds amazon quick view
Anthony Seddon (9 months ago)
hey Larry I've found a super high margin item with amazon in buy box however i can drop my price easily 25%+ and also turn a nice profit so I'll go for it/
alieblic (10 months ago)
What dont you use tactical arbitrage to check your items?
Erik ErXoN (8 months ago)
maybe coz he is showing people HOW THIS IS DONE? all these plugins, software blah blah blah tells us newbies nothing at all. here what i see is the best material for starters u can find. you can arbitrage yourself :)
Brandon Lee (10 months ago)
Do you ever USA tactical arbitrage to scan the price list? Also do you have videos on finding good wholesale products or potential leads to accounts?
Watch Me Amazon (10 months ago)
I have my own software that does it
paul sloan (10 months ago)
I would just like this is a great that you are offering this information thank you for sharing.
paul sloan (10 months ago)
I just saw how bad my keyboarding was sorry.Thanks for the video
Watch Me Amazon (10 months ago)
paul sloan thank you for watching
Joshua Daluz (10 months ago)
Hey Larry, I was wondering if you do product bundles.
Joshua Daluz (10 months ago)
Watch Me Amazon Thanks Larry, I just joined!
Watch Me Amazon (10 months ago)
Joshua Daluz yes, it should be the pinned comment
Joshua Daluz (10 months ago)
Watch Me Amazon Thanks for the quick response. I watched all your videos and enjoy the valuable content. I hope emulate your success one day! Do you have a Facebook group or community that I can join to learn from you or ask questions?
Watch Me Amazon (10 months ago)
Joshua Daluz I sure do
rich antonuccio (10 months ago)
Larry do most suppliers your use offer free shipping or do you typically pay to get it shipped to you and then pay to ship to Amazon?
whydotheheathensrage (10 months ago)
I am surprised no one has sued Amazon yet for unfair business and monopolistic competition practices.. You do all that research for Amazon, they see you have identified a hot product,, and they just jump in and crush you by taking over the buy box! They are going to find themselves in HOT anti-trust water very soon... but they deserve it, as their greed apparently knows no bounds!
Cryptonian (6 months ago)
amazon doesnt jump in a hot product they even have the logistics and capital to litteraly sell everthing on theri site themselves the reason they jump on a listing is because 3rd party seller jack up the prices and amazon doesnt want their customers paying a higher prices than the market value. amazon wants their customer satisfied and not feel like theyre hussled if they catch a cheaper price on another site
whydotheheathensrage (10 months ago)
Finally, some Amazon Honesty on YouTube - thanks man!
Watch Me Amazon (10 months ago)
whydotheheathensrage that’s what I strive for
Elizabeth G (10 months ago)
Great educational video!
Watch Me Amazon (10 months ago)
Elizabeth G thank you Liz
Ivory Leyva (10 months ago)
I’m late to the party, but just so I’m understanding this correctly: You negotiate discount with vendor. Find your product (great vid great method) You match the price of the buy box holders Amazon puts you in the buy box and you split the sales? Sounds too easy (tedious but simple). What are the hoops to jump thru before being able to do this? You said at some point that wholesalers won’t even fuck with u if you don’t flash $5-10K, but you’re talking about buying 50 units of these products. Thanks for any feedback from anyone.
Watch Me Amazon (10 months ago)
Ivory Leyva Very oversimplified way on looking at it, but basically the gist
Nathan Winslow (10 months ago)
Great video. Wouldn’t jungle scout make this process much faster?
Watch Me Amazon (10 months ago)
velious2121 there are programs that scan thru these lists. Jungle scout is not one of them
Anthony Seddon (10 months ago)
I presume a wholesaler will only provide a substantial per product discount once you've established yourself as a consistent customer of theirs doing reasonably high turnover?
Watch Me Amazon (10 months ago)
Anthony Seddon money talks.
Anthony Seddon (10 months ago)
you mentioned that you dont typically compete with amazon on a listing for the buy box unless you have a super high margin product. What in terms of dollar vlaue would you estimate to be in the super high margin zone?
Anthony Seddon (10 months ago)
cool cheers for that Larry! Amazon won't race you down to the bottom though will they? And viable you mean $4 profit of course as you mentioned in the video?
Watch Me Amazon (10 months ago)
Anthony Seddon enough margin to drop the price by 25-30% and still have the product be a viable one
YES-TV (10 months ago)
So Larry how did you get that catalog
Watch Me Amazon (8 months ago)
Simone Dettwiler call is always better
Simone Dettwiler (8 months ago)
Do you contact them via email or call?
YES-TV (10 months ago)
Thanks Larry
Watch Me Amazon (10 months ago)
Fulani pride contacted the brand. Opened a wholesale account with them. Asked them for a discount based on large business. And then went thru their catalog
Space Hamster Boo (10 months ago)
Do you have any videos\tips that explain how to negotiate a discount with the wholesaler?
Amazon RA Chat Recordings (10 months ago)
$1 shipping per item??? Why is your shipping so high? Also why are you not just using Tactical Arbitrage to reverse search your whole spreadsheet in a hour?
Watch Me Amazon (10 months ago)
Amazon RA Chat Recordings the $1 per item is not just shipping. It more or less covers my entire overhead. Staff, rent, supplies, shipping, ect. And yes, I have my own software to go thru lists. But I thought showing the actual process would be more beneficial to the viewer
Nitesh Thapa (10 months ago)
This video is awesome. super likes for making this Larry
Watch Me Amazon (10 months ago)
Nitesh Thapa thank you
Joe Cachia (11 months ago)
Great learning video.  As a Brooklyn guy myself, thanks again.
blacktube top (11 months ago)
Such awesome video!!! Thank you!!! I am curious about which software you used here at the end :)
blacktube top (11 months ago)
Nice! Would you be willing to share?
Watch Me Amazon (11 months ago)
blacktube top my own creation
Peter L. (11 months ago)
That was awesome! I'm a private label seller, but your video helped me to see that wholesale FBA could be the style of e-commerce for me. I am also an English teacher, and I have to say that you are an excellent teacher. Repetition and patience along with great explanations and being aware that there are novices in the room that really need those things really make you an exceptional teacher and mentor. Thanks Lar!
Skybiz (11 months ago)
10:00 For FBA calculator on AMZ use "AMZ Scout FBA Calculator " chrome extension, very easy to use and showing everything you need...
Watch Me Amazon (11 months ago)
Skybiz agreed. But I specifically did this video without any extensions to give viewers the basic concept
DizzyAaron (11 months ago)
Do you have random fireworks going off in your office @ 47:15 LOL! Video is AMAZING so far! Very similar to product research for PL but has a few minor tweaks. I am loving the idea of wholesale as another part of the business! Thank you for sharing all of this! Congrats on your success and I will see you at the top!
Kangol Yeahh (11 months ago)
Yeah I heard that too. Took my headphones off and looked outside and everything. LOL
DizzyAaron (11 months ago)
Did you figure out what it was? HEY! That might actually be a good little easter egg to hide in each of your videos to see who is paying attention!? ;)
Watch Me Amazon (11 months ago)
DizzyAaron lol I just noticed that
Hook Me Up Ken (11 months ago)
great info. I understand jungle scout and Oxray are two great software to help research viable products I've done the manual search for retail arbitrage but planning on scalling up with wholesale products and maybe private label also. :)
monkeysgone2heaven1 (11 months ago)
Larry, at what point do you ask your supplier for a discount? At the very beginning, or do you wait and put a few orders through first, to show them you're serious?
Chariti Pollard (11 months ago)
Hi Larry - I signed up with a distributor that made me sign the MAP pricing agreement, but I'm noticing that most of the current sellers don't follow the MAP pricing on the brands I'm considering...meaning I'll be higher priced due to MAP, while they are lower. Sounds like a bad deal...do I not follow MAP too? Are you signing MAP agreements with your distributors too?? So confused Thx :)
ArbitraryLifestyle (19 days ago)
+Elaine P Exactly this. Your distributor should be sending emails (or having Amazon sending emails) to those sellers tell them to follow the MAP pricing agreement or become gated on that product. On the other hand, your distributor may not be their distributor and they may not have had to sign an agreement.
Elaine P (27 days ago)
Go back to the seller and explain in a professional way they need tov either enforce map or allow you to be competitive. Explain they'll get more sales either manner, but it's up to them to level the field
sayan kundu (4 months ago)
I have the same question.
Clyde Gomez (11 months ago)
Awesome video! Was wondering how much or do you add shipping cost from your wholesaler to your warehouse? Would that then increase shipping cost to $2? Thanks!
Watch Me Amazon (11 months ago)
Clyde Gomez I don’t add JUST shipping. I would recommended adding anywhere between $1-$2 dollars per SKU to cover ALL your overhead. Shipping to amazon, rent, supplies, ect... Vendors almost never charge shipping to ship to you
IamK.Renae' (11 months ago)
Great video thank you, can't wait for your course to come. 😊
Watch Me Amazon (11 months ago)
IamK.Renae' thank you so much
waleed khan (1 year ago)
Hello. You videos are amazing. Really appreciate the hardwork you put in. I have a question. I am a resident of Canada not USA but would like to get retail accounts of big brands like the one you have. Is it even possible? Can I even sell In US Amazon?
Watch Me Amazon (1 year ago)
waleed khan you can buy from Canadian suppliers
Watch Me Amazon (1 year ago)
waleed khan you can buy from Canadian suppliers
waleed khan (1 year ago)
Watch Me Amazon thanks for your reply. Really appreciate it.I am looking to do wholeselling.So just to sum I can sell in USA. Would'nt I be needing different forms in USA like W9, tax number etc
Watch Me Amazon (1 year ago)
waleed khan yes! But you can also sell on Amazon.ca Look at all the stores in Canada, where do they get their brand name products. That’s what you’re looking for
muhson waqaschoudhery (1 year ago)
Hey Larry, what about reviews? Don’t you need reviews to compete with others???
Watch Me Amazon (1 year ago)
muhson waqaschoudhery the best thing about the wholesale business model is that I don’t ever have to worry about reviews or PPC
erman ebil (1 year ago)
Thank you very much Larry. This is the best video I've seen for wholesale .
Watch Me Amazon (1 year ago)
erman ebil much more coming!
chamcham123 (1 year ago)
This video seems to show how critical your 25% discount is. All of the profit seems to be within that discount. If you have $500 or less to start out with for the first wholesale order, is it worth attempting to ask for 10% to 15% discount off the wholesale price before even placing that first order? Or will all manufacturers decline to offer any discount until you are able to spend at least $5000 to $10,000 per order (or per month)? From your videos, it seems that discounts are directly related to your purchasing power. So someone spending the minimum amount on the first order will likely not get any discount if they ask. Is that correct?
Watch Me Amazon (1 year ago)
chamcham123 always worth asking. Never hurts. And yes most of the profit is made in the purchase side of things. And of course, with a $500 purchase it’s very difficult to negotiate big discounts, but always worth a try
Sam S. (1 year ago)
@watchmeamazon what is the size of the label you buy for the lp2844 please advise
Sam S. (1 year ago)
so which labels do you buy for that one? either a sku number or size would do please I assume thats direct thermal too
Watch Me Amazon (1 year ago)
Sam S. I don’t have an LP2844 - the Zebra I use is GK420
Battosai87 (1 year ago)
This is a great video. I learned a lot from your video. You have a very good style to explain things and you show the business like it is. No fairytales. This is rare in the youtube world. I started a few month ago this kind of business in Germany. When I see your numbers, I envy you for the market situation in the USA. Everything is bigger on your side of the big lake. The sales, the margin, the opportunities. A 2€ profit item is already a great find over here. The margins are razor thin. Often < 1€. A very good product sells 500 times a month. With 5 FBA sellers on the same product there is only a volume of 100 pieces/month and seller left. On top most companies don't want to sell to online vendors. I have to convince them every time with the advantages of working with me. The most comapnies sell only to vendors with a brick and mortar store. These brick and mortar stores sell on Amazon and create horrible product listings because amazon is only a side activity for them. However, I manage to add every 2 weeks one new product to my inventory. 100-150 Euro profit/month per item. It's a very slow and frustrating process but I can see my sales increasind every month this keeps me going. I hope with scale it will also become easier to convince companies to sell to me.
Watch Me Amazon (1 year ago)
Battosai87 appreciate that so much
Bua Schmidy (1 year ago)
Thank you Larry
Watch Me Amazon (1 year ago)
Bua Schmidy thank you!
TheHedge (1 year ago)
I will also factor in taxes into my equation.
Les Domingo (1 year ago)
Hey Larry thank you for the awesome content. I am a student and just recently getting into the wholesale business model with Amazon. I understand that I am at a disadvantage in trying to contact vendors/suppliers since I am new. Is there anything I can do or say to increase my success in landing a list of wholesale products?
MutenKami (1 year ago)
Great video! Do you have a video showing us how to find good wholesale suppliers in the first place? Thanks
Kay B (1 year ago)
Thank you for this valuable content. I am a new FBA seller and this has helped me tremendously! I definitely had to subscribe and I am excited to learn more. I wish you all the success in your goals.
Edwin Louie (1 year ago)
This vid is full of content and thank you for sharing the process. Those who give shall receive..you my man will exceed your goals in 2018!
goody goodz01 (1 year ago)
I noticed that you passed on a product because Amazon was on the listing. Do you do that all the time or case by case basis?
Watch Me Amazon (1 year ago)
goody goodz01 the vast majority of the time it’s best to avoid
diezeled (1 year ago)
question from a newbie; in the example of this video, you are purchasing from the wholesaler, can you ship directly to amazon from them or do you need to warehouse then reship? In other words, would you need to warehouse the product or could you ship the orders directly to amazon from the distributor? thanks for the video, learned a lot.
Watch Me Amazon (1 year ago)
diezeled in most cases you would receive the goods yourself, prep them, label them, and then ship to amazon FBA
Pj Smith (1 year ago)
So how did you get a whole list. Do you sell other products than vitamins, like various products in all categories?
Watch Me Amazon (1 year ago)
Pj Smith company gave me the list. Yes, many categories

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