Can I Sell My Products On Amazon Fba And Ebay At The Same Time?
So for today’s video clip I’m mosting likely to be dealing with a facebook message that I really uploaded inside my facebook group link for that is in the description, and that was a total malfunction of my wholesale drop shipping service. Can I Sell My Products On Amazon Fba And Ebay At The Same Time?
Now this is a video that I really should have made a while back, yet primarily i’ve simply been making tutorials and also just how to’s.
So this is going to be even more of a novice video clip as well as it’s mosting likely to be describing just what is wholesale drop shipping, yet more particularly, what is my company as well as my company model and all the parts that enter into my business because you men have asked several Comments additionally a number of instagram vms, so I’m going to be answering everything in today’s video.
So to begin, my company model is sourcing from wholesale suppliers.Can I Sell My Products On Amazon Fba And Ebay At The Same Time?
Currently there are various sort of suppliers that I will source from.
Mostly you have distributors.
You additionally have brand names.
You have importers, you have manufacturers, and then you simply have general wholesalers so to break each one down.
A distributor is someone who essentially buys from all these different brand names.
They are big companies and you can typically obtain a great deal of various products from them.
Normally brand items but they’ll carry a range of products, so I do not deal with as much distributors.Can I Sell My Products On Amazon Fba And Ebay At The Same Time?
Can I Sell My Products On Amazon Fba And Ebay At The Same Time?
My major component of my service is, I generally deal with brands and importers now brand names, that’s obvious.
Those are just business that they make their own product or they get it from china, and afterwards they slap their logo on it, and afterwards they have a brand and also they offer their item.
Typically my organization is mainly made up of 2 different techniques.Can I Sell My Products On Amazon Fba And Ebay At The Same Time?
I will certainly be a rep or i’ll, be a certified reseller for these brand names and after that i’ll re-sell their products onto amazon.com or onto any type of industry that they permit, or I will actually be the agent for the brand on the marketplace.
So, for example, I deal with numerous brands that do not have a presence on amazon or on ebay.com or on etsy, for instance, or walmart, and what i’ll do is i’ll call them and also i’ll state hello.
Let me develop the listings.
Let me be the seller for your products on these marketplaces and then I will certainly sell their products on the previously mentioned marketplaces.
The last kind of distributors that I source from are importers.
These are people who have the products made abroad either in India, Vietnam, China and even in the U.S., and then they just market the items to other organizations.
They do not actually sell their items to the public and also they don’t truly have a brand.
They just make products and then they sell them, and then I guess you can also identify that with producers.
These are simply people who make products and then they market it to various other retailers, and also these are all companies that sell company to company.
They are the individuals that source the item or make the product, and then I am the seller they sell it to me, as well as then I offer it to the end consumer.
Who is the person that is acquiring it from me, uh over any web site like amazon, ebay or my very own site? So let’s talk about fulfillment now the majority of the companies that I collaborate with, I sourced through drop shipping.
This is where I don’t house any of the supply.
Instead, when I make a sale, I send out the information over to my supplier and also my supplier ships it out to my consumer.
This is the approach that I selected to begin with, due to the fact that it permitted me to expand without really investing a lot of cash on supply also.
It was low threat.
This way I didn’t need to go and also invest a thousand dollars or purchase 10 000 devices, as well as I had the ability to obtain accessibility to a huge brochure.
Typically, a great deal of distributors will certainly have a huge magazine or a number of brand names, and you can go and also you can obtain accessibility to every one of their things, checklist them on the markets and afterwards see what markets and then just ship that thing from your vendor.
When you really make a sale, so you’re getting paid in advance, and also in this manner you don’t need to spend lots of money or tons of capital on items that you’re not sure if they’re mosting likely to market.
So I begun with drop shipping, yet throughout the years i’ve slowly been growing extra in the direction of acquiring in bulk and also even more specifically fva, so i’ve been doing fba for several reasons.
One of the reality is that I can in fact see what a product offers or I can see which things are mosting likely to be good sellers.
So, like I claimed before, with drop shipping, I get to examine out an item and also allow’s say I list a thing and it’s drop shipping and also I’m making a hundred sales every single month.
If it really makes feeling like if I can obtain much better bargains, if I can save on amazon.com charges, if I can obtain actually low-cost delivery or truly low-cost pack and also pack charges from amazon, I can go, and I can purchase that and I can have it Sent right into amazon’s stockroom instead than drop shipping that product the various other point is, I can see which items from my maker’s magazine or from my vendors.
Directory are doing well on amazon, for the sales ranking as well as are making a lot of sales, and after that I can simply send that thing right into amazon as opposed to drop shipping it.
So a few other reasons I like amazon fba, is since amazon deals with the customer interaction.
Amazon deals with the returns, the shipping whatever like that.
By doing this, if I get a thousand drop ship orders, I do not need to have my software.
Send that to my distributor, then upload the monitoring, it’s simply much less things, much less things that are mosting likely to go wrong.
There’s much less cogs in the wheel and amazon.com is going to be automating a lot of it now amazon does have its problems you’re, mosting likely to locate time for time that amazon.com misplaces, a delivery amazon doesn’t reimburse you cash when they should.
It’s not best.
However, for me, it’s mosting likely to enable me to automate more of my service and for me to expand my business.
An additional aspect of me purchasing in bulk is, I will additionally send things to my very own storehouse.
This way I can go on and I can ship that out to various other marketplaces like ebay.com, walmart, etsy, shopify and all the other industries that don’t have their own fulfillment service.
You can make use of third-party gratification services like deliver or you can also use.
There are neighborhood third-party satisfaction services as well as you can save your stock there and also they will certainly ship out your order whenever you make a sale on the industry so for the future.
I absolutely wish to buy more in bulk and also I wish to acquire larger orders for the items that are marketing as well, as I additionally wish to do it to primary.
I intend to get better discounts for the things so in this manner I can decrease my expense as well as I can improve my margins, yet also, if I location bigger orders, I then get to develop my partnership with the choose few suppliers that I want to.
This is going to allow me, like I said, to improve discounts, but also it can permit me to get accessibility to other items.
It can additionally permit me to possibly obtain exclusivity.
Possibly the company is going to do a purge of sellers who are not making sufficient sales.
In this manner, I can make it and I can improve my standing with that business.
The third element of my service is private tag as well as this is various than drop.
Shipping or wholesale since I’m going to be developing an item from the ground up or essentially.
What I do is I source from all these wholesale providers, and I see what items are doing well, so what you can do on amazon.com is, you can actually create a new listing for that item and also if you have brand name computer registry or if you have your own Brand on amazon, you can put it under your very own listing.
You can improve that listing.
You can get your very own images taken, you can go ahead and you can get better testimonials.
You can really enhance that listing.
If, allow’s say it was not doing well currently on amazon, if the original listing was awful, if the original listing – allow’s say it was also jampacked or if the product images misbehave, so I am doing a lot more private tag, and also this is not only sourcing items from My wholesale suppliers, however this is additionally let’s state a thing – is succeeding.
I can after that go ahead as well as I can make my own version of that thing placed it under my very own brand name and after that I can proceed and I can launch that product due to the fact that I have previous information that that product is doing well.
I want to put a caution right here, due to the fact that this is something that I am experimenting with.
I’ve only introduced two items using this approach and also again these are products that were wholesale items.
Nonetheless, I mosted likely to makers in the us, and also I had my very own variation made.
So still something I am testing out, nevertheless, this is where you’re going to locate the most effective profit margin, because you are going to regulate your fulfillment technique, yet it is mosting likely to cost you much more because you’re mosting likely to need to make the product you’re going to need to develop your logo design, obtain your hallmark for your item.
If you desire brand windows registry and afterwards you’re mosting likely to have to position a large moq with your supplier that is making your item, so the last thing I want to speak about are sales channels.
This is going to depend upon the product and also in addition to the supplier, particular vendors will not let you sell on amazon or ebay.
Certain suppliers will certainly not let you sell on walmart it’s going to rely on the supplier that you work with.
For me, I sell from a lot of various vendors.
I have over 20 vendors and also I generally work it out with supplier is mosting likely to be sold on where so several of them are sold on walmart.
Several of them are sold on amazon and after that a few of them are sold on ebay, so whichever provider permits me to sell where that is how I set them up.
Allow’s state an item is handmade.
I work with a lot of brand names that hand make their things.
Those items do extremely well on etsy, yet they would refrain well on walmart, allow’s claim or on ebay.com, so those would certainly not be offered there.
So it is mosting likely to depend upon where the brand name allows you offer those things along with if the item will actually succeed on that marketplace.
A lot of you have actually asked which industries I sell on I presently sell on.
In order amazon, I sell on ebay, I sell on etsy I sell on walmart, I sell on my own internet site and also this is hosted on shopify.
You can also make use of bigcommerce or any type of other system, and also after that I likewise market on smaller sized markets.
Like treasure trove, I offer mercarI I sell on poshmark I offer in real gether.
I saw an e-crater, after that there are various other ones that I’m trying to get approved for like sears, and there are simply various other miscellaneous markets, but my whole goal is basically to contract out that, so I have va’s checklist on those markets along with I make use of an omnI Channel software application – and I essentially simply automate all that I take my listings from amazon as well as ebay, and I checklist it on all these smaller sized marketplaces.
Whenever I get a sale, I simply fulfill it, but these are not my major sales channels.
These are simply smaller channels where I can reach other consumers that I would certainly not necessarily get to or else.
The last two points that I wish to talk about for my service are software programs along with va’s help hiring your very own employee, getting warehouse space and the logistics of running an organization.
The first point is software program for software application, specifically if you’re doing wholesale drop shipping or also wholesale and also you’re working with a heap of distributors.
You’re gon na desire an actually excellent omnI network software.
It took me a while.
I underwent 30 different softwares 30 different demos, in fact experimentation wasting money.
You’re going to want a good omni-channel software program.
That leading can import your products appropriately, that if you are in fact doing drop shipping that can keep an eye on in and out of supply of cost variations, after that you desire a good channel software that can actually push out the items to the channels that you are Selling on you’re also mosting likely to want one if you are doing drop shipping that can do auto buying.
This is something that’s really vital, since it’s mosting likely to enable you to range in regards to other software applications.
You additionally could want to look into a great item research.
Software application for the different marketplaces that you’re selling on also you’re mosting likely to wish to look into one for repricing and those are similar to the standard software programs, however then for accountancy.
For accountancy I utilize quickbooks as well as I’m looking into making use of internet agility.
So I do not use it right now.
I get on a trial with them, but that is something I am seeking to attach my sales channels to and after that push out to quickbooks, which is what I use for accounting.
The last component is going to be the logistics, and this is going to be points like stockroom things like delivering points like having staff members having assistance.
So this is still something that I am finding out for my organization also, as I possibly constantly will certainly be servicing, but as your company expands, you’re gon na desire even more help.
You’re gon na want to hire va’s.
You may intend to think about hiring staff members if you’re attempting to ship out a great deal of things locally, yet this is always something that I am working to improve on and that is generally a full failure of my business.
I work with wholesale suppliers I source as well as I meet utilizing a great deal of various approaches, as well as I sell on a lot of various sales channels.
Thank you individuals for enjoying.
I really hope that you men appreciated this video clip.
This was supposed to be a total breakdown of my service as well as simply offer you a much more general suggestion of how I run my organization and also the different parts that enter into running a wholesale drop shipping company.
It’s hard, but at the end of the day, it’s something that I really want to expand and because I am dealing with wholesale distributors, I’m building connections.
This is for the long-term as well as in my idea, or in my view, I’m developing a possession that I can actually possibly sell so by developing my brand name by building my service by building my connections, I’m constructing an asset that perhaps one day I can in fact offer This service – or perhaps it specifies where I can go public with it – I do not know, but this is how – and also this is the business that I really intend to construct.