Amazon Virtual Assistant
●topic: Complete Guidance to Start FBA Wholesale Business.
• When Individual account will verify, hire an agent to Create LLC (Limited Liability Company), EIN, Reseller Certificate, Sales Tax ID. It takes 50-60 Days to complete all process. Required Budget for this step is $800-$1000.
Remember that never make an order of LLC Registration until your Individual Account is verified.
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1) Once Company Registration process is completed, you have to convert Individual Account to Professional Account. It takes some time to verify your account. When it will verified, Amazon will deduct $40 monthly subscription fee from your bank account.
2) Next Step: You have to need website with Uploaded Products dummy listing to take an approval from Brands and open a trade account with Distributors. It takes $150-200.
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3) After it, Client will hire a VA or do it by yourself.
4) Product Hunting: Now you have to find a profitable products and take an approval from their brands or its distributors. It takes some time like 15 days. Tools Needed ( Keepa & Helium )
Patience is important....
5) Once you Shortlist 2 or 3 product of some brands or distributors, order their Inventory.
6) We will do me too with listing.
7) Initially, you’ve to order 30 or 40 units for each product for testing purpose. Let’s suppose average cost of per product is $5 so for 30 units of each product and total 90 units of 3 products. Budget for this is $450-$500. We will ship our inventory directly to Prep Center.
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8) We will make Shipment Plan and generate Amazon Labels and will send it to prep center. They will paste Labels on our inventory for FBA warehouse. Suppose for each unit prep center are charging $0.6, so for 90 units it would be $54-$60.
9) After prep, they will ship our inventory to Amazon Warehouse. Once amazon confirm & verify our inventory, our listing will be ACTIVE.
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10) Once Products are live, you have to select 1 or 2 profitable products whose sales are good and which is generating excellent profit. Order large amount of inventory like 200 units because inventory also matter in Buy Box rotation. It will require 200*5= $1000 and for 2 Products $2000.
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11) After Ordering, same ship to prep. After prep, ship to Warehouse. It cost will be 400*0.6 = $240
CONCLUSION:
• LLC = $900
• Website with domain & hosting = $200
• Monthly Subscription fee = $40
• Testing Units = $500
• Prep of testing Units = $60
• Large Inventory of 2 Products = $2000
• Prep = $240
900+200+40+500+60+2000+240 = $3940
VA Salary are not Included in this budget
Total Time Period from Scratch to Launch: 4-5
Months
Regards
NAVEED SHAH Amazon Virtual Assistant
Keep growing
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