FAQs About Choosing A Product To Sell V10
FAQs About Choosing A Product To Sell V10
FAQs About Choosing A Product To Sell V10
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Q. I’ve been searching for a product for 2 weeks now and still can’t find
anything that fits the criteria. Is this normal?
A. It’s not uncommon. Some students decide on a product very quickly. Others
take a lot longer. Don’t try to find a ‘perfect product’ because they don’t exist.
One way over getting over this ‘block’ is to take action by purchasing a very
small quantity (even as low as 10 units) of a product that fits some of the
criteria. Once you’ve picked something, take a break from the research side of
things and focus on the next stage, which is getting your first listing up and
running (you will learn how to do this as you progress through the course
lessons). You will gain valuable experience of the whole process and by the
time you go back to choosing another product, chances are that you will find it a
lot easier.
Q. Which BSR figure should I look at on the product listing? There’s more than
one.
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A. The top one is the only one that’s relevant because it’s the only one that
gives you an indication of sales volume of that product.
Q. I have noticed that occasionally I come across a listing that has no top BSR
figure. Why is that and is there any way around it?
A. Sometimes when a listing is brand new and has had no sales, or very few
sales, the top BSR figure does not display. There can be other reasons too for a
missing BSR. Normally it’s a temporary thing and if you check the listing again in
7-10 days, you might be able to see the BSR. If not, move on to other listings.
Q. Is there any online tool that matches BSR to the number of sales?
A. FBAToolkit.com is free to use (see the course lesson on how to use it) and it
gives you an estimate of the number of sales for any given BSR. However,
please note that these figures ARE only estimates and there is no tool in
existence that can give you accurate sales figures per the BSR. In addition, it
only gives the figures for Amazon.com
Q. Are there any other tools or is there any software that can help me to choose
good products?
A. Yes, but this is optional. Look at the lesson titled ‘Using Tools V Doing things
the Manual Way’
Q. I have an idea of what I want to sell, but I’m not sure if my chosen product
requires approval to sell it on Amazon. How do I find out?
A. Check the lectures titled ‘How to Find Out if a Product Requires Approval’
Q. I know my product should be small and not heavy, but what does ‘small’
mean?
‘Small’ refers to how compact the product is. For shipping from overseas, the
more units that can packed in a shipping carton, the less the shipping will be per
unit.
Remember that it’s the product in its retail packaging that counts because this is
the way it will (normally) be shipped to you from the supplier.
It’s impossible to give you set dimensions to adhere to, because it’s not only
about that. It’s about the shape, whether the product is soft or rigid etc. In
other words how many can pack together in a shipping box!
If you are buying from Alibaba, you can very often find the carton weight,
dimensions, and the number of units in a carton, from the supplier’s listing
page. You can then use the online DHL rates calculator to get an idea of what
the shipping cost will be. Divide that by the number of units and you have a
rough idea of shipping cost per unit (although the supplier’s quote will very
often be lower than the one you see on the DHL rates calculator).
Q. I found a product I like on Amazon, but I can’t find the exact product on
Alibaba or Aliexpress. What should I do?
A. It’s not about sourcing the exact product. Example, you see a cat safety
collar on Amazon that is selling well, and is small and lightweight, etc. From this
you know that cat safety collars have good potential. They have demand. You
will be sourcing cat safety collars in general, and not necessarily the exact one
you saw on the Amazon listing.
Q. I found a product that sells for $24.99 - $29.99, but there also some listings
that sell for only $13.99 or even less. I won’t be able to make a profit at these
low prices, what should I do?
A. If there are sellers selling the product successfully at $24.99 - $29.99, then so
can you. Price is not the main factor in deciding how successful your listing is.
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Q. How can I find out what my FBA fees will be for a product that I am
considering selling?
A. Amazon has a page where you can look at the fee schedule based on the size
and weight of the product
https://services.amazon.com/fulfillment-by-amazon/pricing.html
https://services.amazon.co.uk/services/fulfilment-by-amazon/pricing.html
For other marketplaces, you can find the fee schedule by doing a Google search
for ‘amazon fba fees (country). For example, ‘amazon fba fees canada’
Q. I notice that many of the products on Alibaba and Aliexpress have some sort
of brand name of them. How can I brand these products if they are already
branded?
A. These are generic brands and you can re-brand them without issue
Q. I want to sell products for children. Is there anything I should be aware of?
A. Yes. Products for children 12 and under must have the required certification.
The type of certification will depend on which country you plan to sell in. For
example, in the US, it’s the ‘Children’s Product Certificate’, or CPC for short.
Before purchasing any children’s products for re-sale on Amazon (or anywhere
else for that matter!), ask the supplier for the certification. Do this first, before
anything else because many suppliers in China do not have these certificates.
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Amazon will ask for the certificate, but they only ask for it once your goods are
at the FBA warehouse. If you can’t provide it, you will not be able to sell those
goods on Amazon and you will have no choice but to remove them.
For more information, see the previous video lesson titled ‘About the Following
Lessons (Important)’.