No video

How to Make Your First $1,000 With Amazon FBA!

Join Jungle Scout’s founder & CEO as he shares his secrets & strategies for starting an Amazon FBA business in 2024!
💥 GET JUNGLE SCOUT: junglescout.vi...
New Year, New Opportunities! Join Jungle Scout’s Founder & CEO Greg Mercer as he shares his game-changing strategies for making your first $1,000 on Amazon in 2024. As an attendee, you’ll also join in-house Amazon experts Lenny and Jake for a live Q&A to kickstart your Amazon journey!
In this session, you'll learn:
• How to identify and choose products with high-profit margins
• How to master Jungle Scout’s tools to supercharge this process
• The key factors for product selection
• How we followed these exact steps with a product we sell at Jungle Scout
… Remember to bookmark this video so you can always come back and jump right into any section by selecting a timestamp below ⬇️
0:00 If Greg started his business today…
0:18 2 things you have to know
1:26 Is it still a good time to sell on Amazon?
2:46 How to find a profitable product to sell (Product Database tutorial)
5:00 Sample product ideas
7:04 Greg’s favorite way to find a product!
8:46 How to improve a product idea
12:24 How to find a profitable niche to sell in (Opportunity Finder tutorial)
15:51 Greg’s favorite Opportunity Finder filters
18:14 How to calculate manufacturing costs (using Alibaba)
18:56 How to do profitability calculations
20:30 2 biggest Amazon FBA costs
23:49 How much money our Amazon product makes
26:18 Top questions answered with Jake & Lenny!
Dive into the essentials of selecting profitable products and leveraging the power of data for smart decision-making. Learn firsthand how Jungle Scout's innovative tools can simplify and accelerate your product research. Discover strategies for identifying high-demand, high-margin products, and understand the real-life challenges and successes through our case study. Whether you're a new seller or looking to boost your Amazon FBA business, this webinar is your stepping stone to profitable selling!
✅ FREE RESOURCES ✅
How to Sell on Amazon Ultimate Video Guide: • How to Sell on Amazon ...
FREE Downloadable Amazon FBA Starter PDF: junglescout.vi...
#JungleScout #AmazonFBA #HowtoSellonAmazon

Пікірлер: 89

  • @salimakhtar1716
    @salimakhtar1716Күн бұрын

    In cost breakdown if I think it will be Landed Cost+shipping to Amazon+Ad Cost+FBA Fees+Seller Profit= Sale Price

  • @marcust.6268
    @marcust.62687 ай бұрын

    Thank you! I can feel the passion exuding from Jake and Lenny for what they do! Coming from Shopify private label, you both really helped me learn the ropes of FBA. This video got me to pull the trigger on buying a JS plan to get started. Congrats on the +1 conversion :P Looking forward to more content!

  • @junglescout

    @junglescout

    7 ай бұрын

    Hey! Thanks so much, glad you enjoyed the content! 🙂

  • @ajitoct24
    @ajitoct243 күн бұрын

    in the example profit is 24k but net profit is 10k in year which is 5% with 200k worth sell.

  • @salimakhtar1716
    @salimakhtar1716Күн бұрын

    Further Amazon also charges software subscription Fees and warehouse fees, these should also factor in for Sale Price

  • @junglescout

    @junglescout

    Күн бұрын

    That's correct! You should factor in all product-related costs into consideration. We have an article that can further guide you into pricing strategy -www.junglescout.com/resources/articles/amazon-pricing-strategy

  • @lenidubelinc8
    @lenidubelinc8Ай бұрын

    Can you help me understand how to get the product to the customer in 2 days if its your 1st time selling, and how you get the Amazon packages to ship in? TY.

  • @amywong1304
    @amywong13046 ай бұрын

    Thank you so much for sharing your tips and experience in public and give us some expectations that there is a time for break even. The cawe study is interesting, too. Very solid with true data.

  • @junglescout

    @junglescout

    6 ай бұрын

    You're more than welcome!

  • @katty0979
    @katty09793 ай бұрын

    Thank you for a very helpful video!!!!

  • @junglescout

    @junglescout

    3 ай бұрын

    You're more than welcome!

  • @focussounds4924
    @focussounds4924Ай бұрын

    Comments fairly recent, video dropped 5 months ago, summers starting, I might just jump in the market!

  • @ashrafgondal5336
    @ashrafgondal53367 ай бұрын

    So informative thanks

  • @junglescout

    @junglescout

    7 ай бұрын

    You're more than welcome.

  • @_OKEANOUS_
    @_OKEANOUS_7 ай бұрын

    The only problem with JS is that data is not synced properly and it takes ages to sync data. I find better alternative that does the job much better. It's been year I am using JS but unfortunately Software has not got better. Please try to update so we can track our sales and analytics on time.

  • @gadex3947

    @gadex3947

    7 ай бұрын

    Can you give me some alternatives?

  • @gillesngomeni6161
    @gillesngomeni61617 ай бұрын

    Great! So informative. You are the guys. keep up the good work. We're on the way.

  • @junglescout

    @junglescout

    7 ай бұрын

    Thanks for your feedback! Glad you find it helpful! :smi😄

  • @Ayan-Bharat.
    @Ayan-Bharat.Ай бұрын

    what exactly jungle scout do ? mean how do you help to run business ?

  • @junglescout

    @junglescout

    Ай бұрын

    You see, our software is only one of the tools on the way to being an FBA seller. The Jungle Scout suite of tools consists of two main components: a web application that you can access directly from your browser (which we normally simply refer to as "Jungle Scout") plus an extension that can be installed in either Chrome or Firefox. For more information, you can shoot us an email at support@junglescout.com!😉

  • @Biodunmeansbusiness
    @Biodunmeansbusiness6 ай бұрын

    Very informative information, thank you JS! Here’s my question, I’m considering starting with retail arbitrage so I’d love to know how to package the product before sending to Amazon or do I just pack in a basic and ship to Amazon? Does that mean if I’m to sell a product like body wash, am I the one to put it in a separate bag or something?

  • @junglescout

    @junglescout

    6 ай бұрын

    We have a great guide about starting with retail arbitrage. You can check it out here: www.junglescout.com/blog/amazon-retail-arbitrage/

  • @MeadowBells
    @MeadowBells2 ай бұрын

    Is there a jungle scout video on how to get photography done for our products?

  • @junglescout

    @junglescout

    2 ай бұрын

    Yes! Check out this playlist: www.youtube.com/@junglescout/search?query=photography

  • @Jana-ce7lb
    @Jana-ce7lb5 ай бұрын

    Hello, thank you for very interresting video. Just one question. You guys never take VAT into account in your profitability calculations. Why is that?

  • @junglescout

    @junglescout

    5 ай бұрын

    We're selling on amazon.com, in the US VAT doesn't apply

  • @MARWAyoussef-yh8gt
    @MARWAyoussef-yh8gt7 ай бұрын

    love this

  • @junglescout

    @junglescout

    7 ай бұрын

    🙌😍🙏

  • @maryamnet
    @maryamnet7 ай бұрын

    Hi. I am using this product. Everytime I go to opportunity finder and select a niche, I can't see anything in top products , unlike you being able to see journal for adults product. I can see all the other database though

  • @junglescout

    @junglescout

    7 ай бұрын

    Would you mind reaching out to our support team so they can look into this for you? You can send an email to support@junglescout.com

  • @joydewitt5414
    @joydewitt54146 ай бұрын

    Hello, I have a situation. I applied for the Amazon seller a/c BUT my product is not ready and not yet shipped. Amazon already charging me $39.99. What should I do?

  • @junglescout

    @junglescout

    6 ай бұрын

    Opening a Professional Seller account costs $39.99/month. We do have an article that can guide you here: www.junglescout.com/blog/individual-vs-professional-seller-plans/

  • @TruthseekerMAGA2024
    @TruthseekerMAGA20247 ай бұрын

    Hello, incredible video! I have a question for you guys. Is the brand name is required for every product you sell on amazon or you can label it little later, if so what is that brand name that usually is attached next to the product picture that customers see on the right bottom side ? Thanks in advance!

  • @junglescout

    @junglescout

    7 ай бұрын

    You can always change or use a brand name later. You don't have to have it immediately. Also, it can be placed anywhere on the product packaging or the product itself.

  • @JenniferZulli-rp4bf
    @JenniferZulli-rp4bf4 ай бұрын

    is it possible to get started using your videos vs these other pay for training programs like Algo??? I am interested but don't have the money to pay for training to learn how to do this... are all your videos free?

  • @junglescout

    @junglescout

    4 ай бұрын

    All our videos are included in your subscription!

  • @FS-wf7uy
    @FS-wf7uy24 күн бұрын

    "If the product pricing criteria is $20 to $70 for the USA market, what should it be for India?"

  • @junglescout

    @junglescout

    24 күн бұрын

    Hey there, you can convert the USD to INR, but it’s not necessarily going to be the same group of products. I’d suggest you start with some products that aren’t too expensive but priced high enough to make a bit of profit.

  • @FaisalKhan-ci5wu
    @FaisalKhan-ci5wu6 ай бұрын

    I really like your video, I have one question!!! PPC campaign is for private private label +brands.... What about generic product without having any label , does PPC campaign required in generic for getting more sale ?????

  • @junglescout

    @junglescout

    6 ай бұрын

    Here's a great article that will be able to help you with PPC: www.junglescout.com/blog/amazon-ppc-best-practices/

  • @FaisalKhan-ci5wu

    @FaisalKhan-ci5wu

    6 ай бұрын

    Thanks ❤

  • @terretulsiak
    @terretulsiak5 ай бұрын

    Any possibility of encouraging manufacture of products in the US?

  • @junglescout

    @junglescout

    5 ай бұрын

    Of course! Using a US supplier is an option and the more people who seek them out, the better their rates are. Certain things are made in the USA and sell better because they are.

  • @ryansmith203
    @ryansmith2035 ай бұрын

    When you say you lost money in the first month. Were you out of pocket 7k plus on top of the inventory, pictures etc. Im worried about starting selling because i dont have an extra 5,6,7k a month to spend.

  • @junglescout

    @junglescout

    5 ай бұрын

    The 7k was through the first 3 months, and this cost includes the inventory cost, pictures, PPC, etc.

  • @wheelwarrior
    @wheelwarrior7 ай бұрын

    Hey, I have a quick question. If I'm ordering two products from the same supplier, does the supplier have to ship the products in different boxes or can it be in the same box when shipped to the Amazon warehouse? Also, when there are product variations, does that get shipped separately or together? Looking forward to hearing back from you guys.

  • @junglescout

    @junglescout

    7 ай бұрын

    The products can be shipped together as long as they are packaged in the way you wish to sell them inside the shipping boxes.

  • @wheelwarrior

    @wheelwarrior

    7 ай бұрын

    Thank you so much for the quick reply. You guys rock!@@junglescout

  • @junglescout

    @junglescout

    7 ай бұрын

    You're welcome, #freedombuilder! 🙌

  • @phantomstranger1125
    @phantomstranger11254 ай бұрын

    How do you get in contact with suppliers for private labeling?

  • @junglescout

    @junglescout

    4 ай бұрын

    You can use a supplier tool like our Supplier Database and send them an email.

  • @VictoryVista12
    @VictoryVista127 ай бұрын

    Is any one facing problem while running the jungle scout in the canadian market it does not showing avg monthly sales daily sales and Opportunity Score for any product

  • @user-xk9vg8cs8i
    @user-xk9vg8cs8i6 ай бұрын

    I have a question. How do we understand that the seller in amazon has no trademark or is private labeled or has no patent?

  • @junglescout

    @junglescout

    6 ай бұрын

    You can check out the USPTO to check trademarks: www.uspto.gov/trademarks/search

  • @willsonmeli1839
    @willsonmeli18397 ай бұрын

    So when you do product research, do you not worry about other sellers in a specific niche that have a very high review count for their products?

  • @junglescout

    @junglescout

    7 ай бұрын

    Yes, you have a lot of other factors to consider. 😉

  • @victoriancu7358

    @victoriancu7358

    6 ай бұрын

    Amazon is more about selling your product better than your competitors and ranking above them for keywords. 30-50% of amazons traffic is concentrated in the top 3 positions of keywords. If you can generate leads and market your product better than your competitors, you win. Amazon only cares about you if you make them money, they just want their 15%. If you don't make money for them, they are happy to take your 39.99 a month and happy to take the thousands of dollars you will spend on PPC

  • @user-rl4fn1tx9b
    @user-rl4fn1tx9b7 ай бұрын

    What is your suggested minimum investment to begin this

  • @junglescout

    @junglescout

    7 ай бұрын

    You can start with any amount, this is because you can start small with arbitrage and $0. It really depends on the inventory and cost of the product your want to sell!

  • @user-rl4fn1tx9b
    @user-rl4fn1tx9b7 ай бұрын

    How do you advertise what your selling?

  • @junglescout

    @junglescout

    7 ай бұрын

    Amazon has an Advertising platform where you can run video, brand and keyword ads

  • @Louwilleats
    @Louwilleats5 ай бұрын

    what's the difference with seller amp and jungle scout

  • @junglescout

    @junglescout

    5 ай бұрын

    There are a lot of differences in the tools! But I'm biased & think Jungle Scout is the better of the two!

  • @VictoryVista12
    @VictoryVista127 ай бұрын

    please Jungle scout fix your extention it does not working in the Amazon Canada

  • @junglescout

    @junglescout

    7 ай бұрын

    Would you mind sending us the details to support@junglescout.com? We're happy to look into this for you!

  • @yossischwartz742
    @yossischwartz7426 ай бұрын

    Hi original company's that sell there products on Amazon its that market restricted or anyone can sell them?

  • @junglescout

    @junglescout

    6 ай бұрын

    It depends on whether the brands are registered! If they are not, you can easily sell on the same listing. If they are registered, you can always contact them to request permission to sell ☺️

  • @yossischwartz742

    @yossischwartz742

    6 ай бұрын

    @@junglescout how do you know if thr brand is registered?

  • @junglescout

    @junglescout

    6 ай бұрын

    You would try to list to see if you are blocked or not. Alternatively look up if the brand is registered for a trademark :)

  • @IbrahimHandS
    @IbrahimHandS7 ай бұрын

    Can I send you a product for you to advise if it can sell or not?

  • @junglescout

    @junglescout

    7 ай бұрын

    Unfortunately, we do not offer this type of services, sorry about that

  • @AbdullahKhan-qq5kn
    @AbdullahKhan-qq5kn7 ай бұрын

    Why does a distributor cares about amazon listing?

  • @junglescout

    @junglescout

    7 ай бұрын

    Hey! Can you expound on this, please?

  • @AbdullahKhan-qq5kn

    @AbdullahKhan-qq5kn

    7 ай бұрын

    @@junglescout the message that you sent to distributor says "I own a retail business that partners with brands to help grow their online presence. We are interested in opening a wholesale account with your company. " My question is why does a distributor care about brand's online presence? He wants to open accounts with business that can comply with their requirements. And their requirements usually includes brick & mortar store. Many suppliers now don't want to partner with e-commerce sellers.

  • @junglescout

    @junglescout

    7 ай бұрын

    That's because, as their partner, you will make people more aware of their brand and bring additional profit 😉

  • @emersonmilimerson2622
    @emersonmilimerson26225 ай бұрын

    this guy looks like javioer mascherano argentina player

  • @bey0u773
    @bey0u7737 ай бұрын

    I need a mentor like. Can u be my mentor ?

  • @junglescout

    @junglescout

    7 ай бұрын

    You can sign up to our Freedom Builder Bootcamp to avail the course. 😉www.freedombuilderbootcamp.com/

  • @KiraKitCupcake
    @KiraKitCupcake7 ай бұрын

    What would you all say about the ethics of this kind of thing? If you're buying something for so incredibly cheap, (1) the supplier is very likely not fairly paying their workers, and (2) the product is probably very low quality. Further, (3) alibaba is a public site. How do you feel selling your product at such a huge markup when the customer could get it super cheap on alibaba themselves? (I know bigger purchases decrease the per-item price, but even at the single-item price it seems like a huge rip off to the customer)

  • @junglescout

    @junglescout

    7 ай бұрын

    Hi there! We are not sure how this harms the customer, we are encouraging paying the fair factory rate, which increases as necessary. These items are not cheaply made, as you pointed out customers can buy in bulk if they wish. For those who want a single item, we take on all the shipping and packaging and delivery at a cost. Yes, there is a profit, but that's the cost of business at any level.

  • @YO-zh1hu

    @YO-zh1hu

    6 ай бұрын

    It's the circle of life!! If you constantly worry about others you will never get anywhere yourself!

  • @YO-zh1hu

    @YO-zh1hu

    6 ай бұрын

    PlUs people want to buy from America, not direct from China. Resellers help cut that out. So we are actually helping them. EVERY SINGLE PRODUCT YOU BUY IS MARKED UP ANYWHERE YOU GO ITS HOW THE WORLD GOES ROUND

  • @honajmirigy

    @honajmirigy

    6 ай бұрын

    Ask your local shop how much they pay for grocery before they sell it on. Count the %. Ask also why they do that

  • @leovasquez4320

    @leovasquez4320

    6 ай бұрын

    I don’t think she understands that literally EVERYTHING she buys and consumes goes through this process. I think her head would explode if she truly knew how much her LV purse is truly worth 🤣