FBA stands for Fulfillment by Amazon.
Did you ever wonder how Amazon gets your purchased products to your door in seemingly no time at all?
They have distribution centers all over the world (one huge center near me right now)! Massive centers full of products of all types, totally organized, and ready to ship to customers.
How my Sister-in-Law turned $1 into $25 on Ebay
Reselling sales products on Amazon reminds me of a family story. Let me share it here:
My sister-in-law is a great picker of selling products. She just knows, intuitively, what will resell easily!
She buys from Dollar stores and garage sales, and puts items on Ebay. So she once bought The Three Stooges video set for $1 at the local Dollar store.
She resold on Ebay for $25, and when she went to mail it, realized the guy was in the next town -- so she asked him if he'd like to pick it up instead of waiting for the mail. AND he did!
I dropped it off at the counter of a small mom and pop store-- he picked it up there happy as a lark that he could get it that day! These were treasured videos for that man.
Karin paid NO shipping and sold $1 Dollar Store item to someone who really wanted it (but didn't know where to find it) for $25.
Winner, Winner -- Chicken Dinner!
I bet you didn't know that many, maybe the majority, of those Amazon products are shipped from normal people just like us. We buy them, ship to Amazon, and they sell and ship to the customer.
Does that sound odd to you?
Same here... but that is their business model!
FBA Sellers use an Amazon app on their cell phone. They visit local stores, scan sales items, and buy when it makes sense. They have a specific process to ship to Amazon and they earn income.
Others find a category they know they can sell well, buy in bulk, and send to Amazon -- some never even touch the product as the manufacturer sends it to Amazon each time they call in another order.
One gal I met at a conference (not Jessica, below) would call the manufacturer, order 20 more to be shipped to Amazon.
The next day or two, she'd check and re-order again. Gone that fast!
BUT she didn't get greedy, she knew it could end at any minute and consumers might be buying something else... small orders, over and over, worked for her!
I don't pretend to understand it all. I don't do FBA... but I know several people I've met at conferences who doing great because they make good money doing this.
Jessica, Selling family & Wendy at a conference!
I met Jessica, the Mom business owner at The Selling Family website in 2016. Her family business is focused on Amazon selling and helping others do the same.
Their story is really amazing... both were laid off from work, and started selling on Amazon to make ends meet. Today, they live comfortably, raising a child, and neither do traditional work. They both work from home, a few hours a week -- and earn more than most do working full-time. Read their Story here!
Register for the Selling Family's 7-day Email Course to learn how Amazon works!
In just one week, you will have a better knowledge of this type of income-- and know whether it could be a fit for your retired lifestyle, or not!
They have an Amazon Bootcamp program to learn, step by step, via videos, how to do this!
They have classes to help you specialize in Childrens Toys, the Christmas season and more...
They have lots of different programs for purchase... because they have studied this for years now and worked with so many sellers. They ROCK!
Selling Family Courses are here, including their best class:
AMAZON BOOTCAMP for new sellers!
So what does it cost to begin an Amazon Business?
What IS Retail Arbitrage?
How the Selling Family finds their products to sell.
Amazon apps available for shopping the right sales.
How to Sell on Amazon, Everything you need to KNOW!
Example of a man who built $10,000/month business on Amazon.
Example of a gal who sells private label (your label) products too!