Study Hall: Keys to Becoming an Amazon Seller
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 16 July 2021
⏱️ 49 minutes
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Summary
In this Study Hall Amazon seller Josh Crisp gives the blueprint on becoming a successful seller on Amazon.
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Transcript
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| 0:00.0 | Now, Josh, I've been at Amazon for about that time, |
| 0:03.3 | but what turns you on to the FBA side of it? |
| 0:05.9 | So the FBA side of it, fulfillment by Amazon is what FBA is, |
| 0:10.2 | is the weight, one of the best ways |
| 0:11.9 | that in my personal opinion, you can sell on Amazon. |
| 0:14.1 | So there's a few different types of ways |
| 0:15.8 | to sell on Amazon. |
| 0:16.6 | I'm glad you asked that question. |
| 0:18.3 | Like I previously said, I was hustling stuff. |
| 0:20.7 | So when I was going online, trying to find ways |
| 0:22.9 | to make money, I found out about arbitrage, |
| 0:25.2 | which is another way you can sell online, |
| 0:26.8 | which is where you take brand name products that already exist, |
| 0:30.3 | large brand name products, you buy them at a discounted price. |
| 0:33.8 | So if they're on sale or they're at the thrift store, |
| 0:36.9 | something like that, and they're below MSRP, |
| 0:39.1 | which is manufactured, suggested retail pricing, |
| 0:42.0 | you buy it at that discount and you sell it at full price |
| 0:44.6 | and you keep the difference. |
| 0:46.0 | So I was already doing that. |
| 0:47.2 | I was taking my little bit of money |
| 0:48.5 | and I was going to the Salvation Army |
... |
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