Wholesale FBA is the only business model in which the risk factor is almost negligible.
1. Create an Amazon seller account :
The First step for wholesale Fba is to create Amazon individual seller account on Pakistani details.
Requirements to create an Amazon seller account
Passport or Id card
Email
Phone number
Utility bill
Bank statement
Credit or debit card
Note:
Credit card is preferable because the actual requirement of Amazon is credit card.
2. Company(LLC)creation :
Secondly, For FBA wholesale, We need a company(LLC).
The company is a Legal status of our business.
It represents us and our business in the USA
Benefits of Having a Company Our business is secure because the company is registered with the government of the country where we do business.
Secondly,When we contact brands to buy products at wholesale rates on behalf of our company, our business credibility is increased. The brand understands that they are working as a registered business. Brands will not do business with individuals.so Company formation is mandatory for Wholesale business.
3. Professional seller account:
After LLC formation we will switch Amazon's individual account to a Professional account.
Note: Once your professional account is created on your company details, Amazon will charge you $40 per month regardless of whether you sell products or not.
4. Business Email and website:
We will also need a business mail and website as our company name through which we will contact brands or distributors to purchase products.
5. Product research:
The next step is to find the products.
In wholesale, we can find products in two ways
First, you can finalize the product with the help of tools and then contact the brand or distributor of that product to purchase a product from him.
Or hunt the brands and their distributors first and then contact them and get the product sheets from them. After that, we have to scan their sheets with the help of tools to finalize the product.
Tools use to scan Brands or distributor's Sheet
Scan Unlimited
Keepa
Amz analyzer
6. How to contact with brands:
First, hunt a brand and find its website by searching it on Google.
Brands provide their email address and phone number on their websites.
Contact Through Email:
If your English is not very good, then you can mail to the brands. For this, first, you have to make a proper template in which we tell them our demand.
Through Call:
If Your English is good, we can also call the brand directly and ask for a wholesale account.
Note: This method is more efficient than mailing.
7. Inventory sending to prep: After finalize 2 or 3 products from the brand or distributor, we will order a testing inventory(10 to 15 units) of each product to see if the products are being sold or not and if the profit is coming or not.
We will send the testing inventory to the prep center where our products will be packaged in Amazon packaging.
8. Shipment plan creation: After that, we will create Shipment Plan on Amazon seller account, then Amazon will provide the FNSKU labels to us. We will give these labels to the prep center who will paste these labels on our products.
9. Inventory send to amazon: Then we send the inventory to Amazon.Amazon will Live our inventory in a few days.
If our products generates profit, we will order more inventory of the products(100 to 150) units of each product according to our budget and send them prep, and then the same process will be done again.
10. Investment to start Fba Wholesale:
The average budget for wholesale is 6k to 8k dollars, but we can also start with 3k dollars as well.
11. Main Tools For wholesale: Keepa (Paid) Helium 10 (Paid)
12. Profit:
In wholesale, 10% to 15% is considered as minimum profit, but it can goes up to 50%as well depending on your product selection.
1. Create an Amazon seller account :
The First step for wholesale Fba is to create Amazon individual seller account on Pakistani details.
Requirements to create an Amazon seller account
Passport or Id card
Phone number
Utility bill
Bank statement
Credit or debit card
Note:
Credit card is preferable because the actual requirement of Amazon is credit card.
2. Company(LLC)creation :
Secondly, For FBA wholesale, We need a company(LLC).
The company is a Legal status of our business.
It represents us and our business in the USA
Benefits of Having a Company Our business is secure because the company is registered with the government of the country where we do business.
Secondly,When we contact brands to buy products at wholesale rates on behalf of our company, our business credibility is increased. The brand understands that they are working as a registered business. Brands will not do business with individuals.so Company formation is mandatory for Wholesale business.
3. Professional seller account:
After LLC formation we will switch Amazon's individual account to a Professional account.
Note: Once your professional account is created on your company details, Amazon will charge you $40 per month regardless of whether you sell products or not.
4. Business Email and website:
We will also need a business mail and website as our company name through which we will contact brands or distributors to purchase products.
5. Product research:
The next step is to find the products.
In wholesale, we can find products in two ways
First, you can finalize the product with the help of tools and then contact the brand or distributor of that product to purchase a product from him.
Or hunt the brands and their distributors first and then contact them and get the product sheets from them. After that, we have to scan their sheets with the help of tools to finalize the product.
Tools use to scan Brands or distributor's Sheet
Scan Unlimited
Keepa
Amz analyzer
6. How to contact with brands:
First, hunt a brand and find its website by searching it on Google.
Brands provide their email address and phone number on their websites.
Contact Through Email:
If your English is not very good, then you can mail to the brands. For this, first, you have to make a proper template in which we tell them our demand.
Through Call:
If Your English is good, we can also call the brand directly and ask for a wholesale account.
Note: This method is more efficient than mailing.
7. Inventory sending to prep: After finalize 2 or 3 products from the brand or distributor, we will order a testing inventory(10 to 15 units) of each product to see if the products are being sold or not and if the profit is coming or not.
We will send the testing inventory to the prep center where our products will be packaged in Amazon packaging.
8. Shipment plan creation: After that, we will create Shipment Plan on Amazon seller account, then Amazon will provide the FNSKU labels to us. We will give these labels to the prep center who will paste these labels on our products.
9. Inventory send to amazon: Then we send the inventory to Amazon.Amazon will Live our inventory in a few days.
If our products generates profit, we will order more inventory of the products(100 to 150) units of each product according to our budget and send them prep, and then the same process will be done again.
10. Investment to start Fba Wholesale:
The average budget for wholesale is 6k to 8k dollars, but we can also start with 3k dollars as well.
11. Main Tools For wholesale: Keepa (Paid) Helium 10 (Paid)
12. Profit:
In wholesale, 10% to 15% is considered as minimum profit, but it can goes up to 50%as well depending on your product selection.
