Author Topic: Selling on Amazon Prime via fulfillment (Amazon FBA) - Anyone try this?  (Read 9599 times)

Cwadda

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Re: Selling on Amazon Prime via fulfillment (Amazon FBA) - Anyone try this?
« Reply #100 on: August 08, 2017, 08:56:33 AM »
For some categories and lots of brands, yes you have to provide invoices. And some you have to get an authorization letter from the brand owner stating you can sell their products on Amazon. But as you can see that hasn't stopped me from making money, and I started in March. I wasn't grandfathered into anything, I've had to apply for everything just like a new seller would today in August.

The guy who got me started began a few years ago, and he's grandfathered into just about everything. It's not fair that he can go out and buy whatever Mattel and Little Tikes junk he wants, and I can't. But that's the way it goes.

It's not gonna stop me from throwing myself in and trying as hard as I can to knock this out of the park.

Question for you: how did you go about getting the grocery category approval? Is it difficult?

mustache you a question

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Re: Selling on Amazon Prime via fulfillment (Amazon FBA) - Anyone try this?
« Reply #101 on: August 08, 2017, 12:16:50 PM »
For some categories and lots of brands, yes you have to provide invoices. And some you have to get an authorization letter from the brand owner stating you can sell their products on Amazon. But as you can see that hasn't stopped me from making money, and I started in March. I wasn't grandfathered into anything, I've had to apply for everything just like a new seller would today in August.

The guy who got me started began a few years ago, and he's grandfathered into just about everything. It's not fair that he can go out and buy whatever Mattel and Little Tikes junk he wants, and I can't. But that's the way it goes.

It's not gonna stop me from throwing myself in and trying as hard as I can to knock this out of the park.

Thanks for the answer!  I've been looking into Amazon FBA for the last month or so and have really focused on the private label piece of it.  I'd like to also do some RA but was concerned when I heard about the invoice issue.  Your answer definitely helped alleviate my concerns.

Thanks again!

hodedofome

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Re: Selling on Amazon Prime via fulfillment (Amazon FBA) - Anyone try this?
« Reply #102 on: August 08, 2017, 12:57:37 PM »

Thanks for the answer!  I've been looking into Amazon FBA for the last month or so and have really focused on the private label piece of it.  I'd like to also do some RA but was concerned when I heard about the invoice issue.  Your answer definitely helped alleviate my concerns.

Thanks again!

Almost always the seller app will tell you that a brand is restricted so you know ahead of time. There are a few brands who aren't restricted but will hit you with intellectual property complaints if you try to sell their stuff. Here's some I've heard of:

Altec-Lansing
August
Belkin
BESTFactor
Boppy
Canary
Celestial Teas
Crime Scene
Disney Software
Drop Kitchen
EB5
Ecstacy Soaps
Honest Kitchen
Kinsa
Kong Pet Products
Kraken Aquatics
K'Tan
MHD
Nest
Nutramax
Ohuhu
Olay
Olympian Athletics Swimcaps
Philips Hue
Rapid Brands
Replogle Globes
Ring (Doorbell)
ThinkGizmos
UAG (Urban Armor Gear)
Vipertek
Ziwi Pet Products
Vic Conner

I wouldn't sell any of these products.

hodedofome

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Re: Selling on Amazon Prime via fulfillment (Amazon FBA) - Anyone try this?
« Reply #103 on: August 08, 2017, 01:25:13 PM »
Question for you: how did you go about getting the grocery category approval? Is it difficult?

Sign up for a free account on Pricemaster.com

You will either need to make 3 separate purchases if you don't have a sales tax certificate or Business License or Home Occupation Permit, or 1 purchase if you have 1 of those documents. I did 1 large purchase (probably too large) as well as submitted my Texas Sales Tax Certificate.

You will need to make sure the business name and address on the Pricemaster invoice is identical to the business name and address on your Amazon seller profile. Note this is not your store name, but the name you give Amazon for tax purposes. You want it to be clear to a foreign Amazon seller support associate that it is the same person/company.

The grocery application form will tell you how many units you need to have on the invoice, but plan on buying at least 10 cases of each item. If you need 3 invoices, then place 3 orders of 10 cases/boxes each.

Product 1: https://pricemaster.com//WALKERS-SHORTBREAD-ROUNDS-24PCSBOX?path=
matches with https://www.amazon.com/Walkers-Shortbread-1-2-oz-2-Count-Cookies/dp/B0019VM5FC

Product 2: https://pricemaster.com//HARIBO-DINOSAURS-5oz---12-BAGSCS?path=
matches with http://www.amazon.com/dp/B008M2DYOC

Product 3: https://pricemaster.com//KOOL-AID-BLACK-CHERRY-48S-3214?path=
matches with http://www.amazon.com/dp/B000ED6IZE

Expect to pay a good amount for shipping. Expect to lose a few bucks on this, but you won't lose a lot. These items sell well (you'll probably sell out within a month) and the ROI on each one is close to break-even after Amazon FBA fees. However, once you factor in shipping you'll probably lose a little bit. It's worth it though. I probably made the money back within a week or two. Grocery can be an awesome category.

You will need to send Amazon the 'original' invoice from Pricemaster. Just wait a day or two after placing the order and they will send it to you. Don't send in the order form or the online Order Invoice you get from the Pricemaster website. You should get an "Original Invoice" from them a day or two after placing the order.

Write the ASIN of the item next to each line item on the invoice. Assume the Amazon seller support has no idea how to read an invoice and figure it out on their own. Make it easy for them. Write down the appropriate ASIN on the same line, and cover up the pricing info. I used Kami online PDF annotation and markup tool. You can do it by hand if you want and scan in the invoice.





Cwadda

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Re: Selling on Amazon Prime via fulfillment (Amazon FBA) - Anyone try this?
« Reply #104 on: August 11, 2017, 10:06:43 AM »
Question for you: how did you go about getting the grocery category approval? Is it difficult?

Sign up for a free account on Pricemaster.com

You will either need to make 3 separate purchases if you don't have a sales tax certificate or Business License or Home Occupation Permit, or 1 purchase if you have 1 of those documents. I did 1 large purchase (probably too large) as well as submitted my Texas Sales Tax Certificate.

You will need to make sure the business name and address on the Pricemaster invoice is identical to the business name and address on your Amazon seller profile. Note this is not your store name, but the name you give Amazon for tax purposes. You want it to be clear to a foreign Amazon seller support associate that it is the same person/company.

The grocery application form will tell you how many units you need to have on the invoice, but plan on buying at least 10 cases of each item. If you need 3 invoices, then place 3 orders of 10 cases/boxes each.

Product 1: https://pricemaster.com//WALKERS-SHORTBREAD-ROUNDS-24PCSBOX?path=
matches with https://www.amazon.com/Walkers-Shortbread-1-2-oz-2-Count-Cookies/dp/B0019VM5FC

Product 2: https://pricemaster.com//HARIBO-DINOSAURS-5oz---12-BAGSCS?path=
matches with http://www.amazon.com/dp/B008M2DYOC

Product 3: https://pricemaster.com//KOOL-AID-BLACK-CHERRY-48S-3214?path=
matches with http://www.amazon.com/dp/B000ED6IZE

Expect to pay a good amount for shipping. Expect to lose a few bucks on this, but you won't lose a lot. These items sell well (you'll probably sell out within a month) and the ROI on each one is close to break-even after Amazon FBA fees. However, once you factor in shipping you'll probably lose a little bit. It's worth it though. I probably made the money back within a week or two. Grocery can be an awesome category.

You will need to send Amazon the 'original' invoice from Pricemaster. Just wait a day or two after placing the order and they will send it to you. Don't send in the order form or the online Order Invoice you get from the Pricemaster website. You should get an "Original Invoice" from them a day or two after placing the order.

Write the ASIN of the item next to each line item on the invoice. Assume the Amazon seller support has no idea how to read an invoice and figure it out on their own. Make it easy for them. Write down the appropriate ASIN on the same line, and cover up the pricing info. I used Kami online PDF annotation and markup tool. You can do it by hand if you want and scan in the invoice.

Thanks so much for this info. I might go for it when time permits.

In the meantime, I've been looking into some bookkeeping softwares. I came across GoDaddy which seems reputable and a nice option, for only about $10/month. Inventory Lab seems a bit overpriced at $50/month, but it might have some extra features that are more tailored to Amazon FBA.
https://www.godaddy.com/email/online-bookkeeping#plans

hodedofome

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Re: Selling on Amazon Prime via fulfillment (Amazon FBA) - Anyone try this?
« Reply #105 on: August 14, 2017, 12:29:31 PM »
I haven't subscribed to any accounting software yet but I'm about to pull the trigger on Inventory Lab. IL is supposed to make it easier to list your products and print out labels, among other things I'm sure. It also has a smartphone app for sourcing that is supposed to show you the keepa graphs for the product you're looking at, which is super handy. I've just been using the Amazon seller app for retail arbitrage and I've been burned several times trusting the rank the Amazon app tells me, but when I look at the keepa history it shows no sales. So I bought something that turned out to be dead inventory.

Michael in ABQ

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Re: Selling on Amazon Prime via fulfillment (Amazon FBA) - Anyone try this?
« Reply #106 on: August 14, 2017, 10:21:54 PM »
Finally started getting some sales of my FBA inventory. I found some tea kettles for cheap online and bought a dozen at about $12each. With the ebates reward (including a $10 new user credit) my actual price including taxes was about $11. This particular color was selling on Amazon for $35 (most other colors were around $25) so I thought I had found a good deal and calculated a profit of about $7-8 each after FBA fees. By the time I got them to the warehouse the price was down to the low 30s. I tried to be a bit lower in order to win the buy box or at least get someone to click on the other sellers to save a few cents. Nope. Amazon was the lowest price and every time I dropped my price they matched it. Even when I went below my break-even point they followed right along. Finally I dropped the price a few dollars below my break-even price just to see how low Amazon would go thinking that maybe I could trick them into selling out of their stock at a lower price. I finally found the magic number where they didn't go any lower if I dropped down to $21.99. Amazon is at $22.24 and I've got the buy box. Within a few hours I had my first sale and four more after that within a little over a day. I'm losing about $2.50-$3.00 each but since I already decided to pull the plug for the time being I'm happy to just recoup most of my costs on this particular item. Had I looked at the history on CamelCamelCamel a bit closer I might have seen that they were always the lowest price and matched any third-party sellers.

Overall a valuable lesson that RA/OA isn't always as easy as it may seem to be. My $8 profit became a $3 loss because I was having to compete head to head with Amazon.