Amazon FBA For Beginners: Should You Skip Online Arbitrage And Go Straight to Wholesale?

 

Is it possible to start straight away in wholesale instead of online arbitrage and retail arbitrage on Amazon FBA? That is what this blog post is going to answer today. 

Kev got a great question asked on one of his YouTube videos from Midger 55, and it said this, "Great video mate, I've been learning about FBA and OA/RA and wholesale the last months. Was just wondering if it's possible to start straight into wholesale instead of starting up with OA/RA?"

That is a great question and I am going to answer that question here for you here today, because you may right now be thinking that you want to start your Amazon FBA business, and this is something which resonates with you, which you could start as a side-hustle - as a part-time thing. Maybe you want to get out of your career or build a business in eCommerce. 

Surface level answer straight away is YES, yes it is possible to get started in wholesale instead of online arbitrage or retail arbitrage. You can start...

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How To Increase Margins In Your Amazon FBA Business

 

In this blog post, I am going to be telling you how you can increase margins in your Amazon FBA business, even during a recession, and how you can have compounded growth during these times, instead of just focusing on survival. How can you thrive during these times instead of just surviving during these times? How can you step up, take massive action, be the leader of your business, so that you can come out at the other end of this having a more optimised business, a more systemised business, a more streamlined business, having a great, experienced team who is competent, with you, and taking massive action in your business. How can you know more and more about your business coming out of a recession, rather than potentially going into a recession. This is the time where recessions force businesses to evolve, to adapt, to be resourceful, or they won't make it.

So this blog post is going to share with you at leas 12 areas within your business, which you can focus on today right now...

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How to Make Your First Sale On Amazon FBA

 

One of the most life-changing experiences which you could have in your life is generating your first income online. What this does for you in your life is it gives you a sense of possibility. What could this do for your life?

So, in this blog post, I want to share with you how you can get your first sale on Amazon FBA.

Getting Your First Sale on Amazon FBA

The first step is ultimately deicing which business model you are going to be focusing on first. There are many different business models on Amazon FBA, and the complexity and difficulty, and the capital requirements to start vary depending on which business model you decide to focus on. You could be someone who is selling as a hobby, as a side income to earn a little more cash, or you could be selling as part of a professional multi-million pounds or dollars revenue business. The landscape on Amazon is that vast.. You have got to decide which business model you would like to start. These business models can go from...

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How to Write a Standard Operating Procedure (SOP) In Your Business

In this blog post, we are going to be talking about standard operating procedures - you may know them as working procedures. I am going to be giving you some best practices and top tips to when it comes to creating your own standard operating procedures as you delicate tasks to your team. Whether that is your team in person, or whether you have got a great team across the world, and virtual assistants. This is a great strategy on how you can effectively achieve the goal that you have when it comes to delegating tasks. 

That is your team being able to actually do those tasks correctly, so that you are giving them the training, the tools and the resources to them, for them to be able to achieve what it is that you want them to do. 

So, in this blog post, I am going to be giving you the 5 best practices.

SOP Best Practice 1

So, number one. If you can create videos and share your screen on that specific task being completed. You can create videos doing step-by-steps on how...

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Number One Trap When You Move Your Amazon FBA Business Into A Warehouse

 

In this blog post, I am going to share with you the number one trap when it comes to moving your business into a warehouse. If you are currently thinking about moving your Amazon FBA business into a warehouse, then this is going to be a fantastic blog post for you, because I am going to share with you some of the things which Kev has learned over the years. 

Kev first originally moved out of his home into a 2,000SQFT warehouse, then in 2020, they ended up moving into a 10,000SQFT warehouse. Kev has learned a lot of different lessons, and I am going to share some of the things which Kev has learned with you.

 

Congratulations!!

First of all, congratulations on thinking about moving your business into a warehouse. What an amazing and inspiring action to take in your business - it is an amazing milestone. The chances are that you have been building your business from the ground up, building it from home, your dining room, your living room, your shed, your garage - however you...

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Goal Setting Breakdown For Your Amazon FBA Business

 

 In this blog post, we are going to be going behind the scenes and show you an incredible potential Google Sheet, which you can take a copy of, which is all about online arbitrage and wholesale goal setting. This is an opportunity for you to not just to do some goal setting, but to know what it means for the goals that you are setting.

What you see here is the goal setting sheet which you can have access to for completely free. This is going to be something which you can play with on your own computer, and customise it to you. 

This is basically sales goal setting, sourcing, purchasing and shipping goal setting. So, you have an overview of your sales, which you can break down to profit goals. Then, it is broken down to the three major systems in your online arbitrage or wholesale business, which is sourcing, purchasing and shipping - and just really breaking that down into some specific numbers, which may be insightful for you.

Let's say, for example, you want to be a...

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How to Use Debt to Build Your Amazon FBA Business

 

I'm going to cover everything from financial management to your money blueprint to what is debt, what is credit, what is cash, what is money, and really dig down deeper into the steps to take to build your business from nothing. 

Money Blueprint 


If I were to ask what money is to you, how do you end up answering that money is bad or money is good? Money is the root of all evil or money allows you to what does money allow you to do? Money allows you to take advantage of people or money allows you to sell and support people. It's these fundamental beliefs that make such a difference.

How do you end up turning debt into something that you can actually build? it's really first of all knowing your money blueprint and then understanding what is money, what actually is it? 

An architect working on a draft with a pencil and ruler

 

What Is Money and Credit Really?

 

When you first start, you may have a credit card. You will most likely have a bank card, a current account. And I think it's really important to...

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How to Prioritise Tasks In Your Amazon FBA Business

 

If you are currently now thinking about where you should spend your time, what task should you be prioritising? You don't have enough time in the day, so what should you be focusing on? What needs to be consistent repeated action every single day? Then this is going to be a fantastic blog post for you.

In this blog post, I am going to be giving you 5 tips, which you can take today very easily, very simply, and it is all about how to prioritise in your Amazon FBA business.

Step 1 - List

So, this is where you take the opportunity to get any many tasks as you possibly can out of your head, which you know you are doing, and which you know needs to be done in your business. 

If right now, you are in online arbitrage, wholesale, whether you have a private label brand, or whatever tasks that need to be done in your business. 

It's worth getting a piece of paper, or going onto your notes, such as Google Docs, and bullet pointing and listing as many as these tasks as you can...

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How Can You Make Your First Income Online?

 

In this blog post, you will learn how to make your first income online sharing 3 beginner business models that you could start as a side hustle today.

Imagine how amazing it would feel if you make your first pound or dollar online. Imagine the amazing belief, the confidence it would provide to you to take massive action to make that one pound or two pound, make it ten pounds, make it one hundred pounds, a thousand pounds, ten thousand pounds, one hundred thousands of pounds and more online. Imagine the difference it would make to your lives. 

You may want freedom in your life, opportunity in your life, and want the ability to build something from potentially nothing, then this is going to be an amazing blog post for you.

Online Business Model 1

The first online business model for you to consider is selling physical products. Physical products, the rise of eCommerce has been exponential over the past few years. Since the internet, being able to sell physical products every day,...

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The 3 Phases Of A Successful Online Arbitrage Business - Powerful Model To Gauge Your Progress

 

In this blog post, I am going to be sharing with you the 3 phases of a successful online arbitrage business. I am going to give you an online arbitrage example. These 3 phases can be used to gauge your progress where you currently are, manage your expectations where you are in terms of your life cycle of your business, then really look towards the future and plan ahead to know you are going to transition between these stages, and ultimately have a successful business. This is coming from experience, this is Kev's experience, and the 3 stages of what Kev has come to learn.

Learn

The first phase when you are starting an online arbitrage business is simply learning. You are going to be consuming a lot of information you are going to be researching a lot of information about what is online arbitrage, and what the strategies are, what the technics are, what the tools are, and it is going to be that first phase where you are just simply learning. You are rapidly trying to consume as much...

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