🔥 How Much Money do YOU Need to START on Amazon FBA (LESS THAN YOU THINK! #Best Education Page #Online Earning)

What is up ninjas! Today we're going to talk about exactly how much money it

Takes to get started on Amazon FBA and spoiler alert it's a lot less than you

Might think!

What is up ninjas welcome back to the final episodes in the Airbnb kitchen

Before I get my new place to locks on the beach what we're gonna be talking

About today is how much money do you need to start Amazon FBA

And this is going to be an actual amount right a lot of the other people out

There a lot of the other people who are teaching this right they're telling you

You can get started with $500 or $1,000 that is not realistically the case if

You want to get started correctly and build an actual scalable business

Without having to penny pinch and you know cut corners and avoid actual nice

Product photos and do it the right way you are not going to be able to launch a

Product on Amazon FBA and create a sustainable actual business with $100

Like some of these other so-called gurus are telling you or $1000 like some of

These so-called gurus are telling you we're going to be going through what it

Actually costs what you actually need to get started but before we do that guys I

Just wanted to shout out to my boy Phillip who won our daily 100 dollar

Giveaway that we are just now starting every single day every single video that

we released we are going to go down and pick out one of your guys's comments and

we are going to make that the winner and we are going to immediately send you

$100 I had these shout out my boy Phil he actually messaged our page might the

official Kevin David Facebook page and he sent me proof that he is subscribed

that he does have notification bells on he sent him that hundred dollars

directly to his PayPal so if you guys want to enter all you have to do is

leave a comment we are going to pick our favorite comment shoot a message to the

official Kevin David page and we're gonna send you $100 so let's get into

this guys how much money do you need to actually realistically start Amazon FBA

so with my discounts guys I get a lot of discounts from some of the biggest names

out there like viral launch like Amazon are like jungle Scout like all of these

different service that you need to start right so all of these amounts that we're

gonna show are going to be our heavily discounted amounts and we are going to

include all of the lengths that you I need to actually start using these

software at the heavily discounted price right so the first thing that we are

going to talk about is product research software so what you actually need to

find these products that are going to give you results right find you these

products that are the diamonds in the rough the ones that are going to make

you money the ones that don't have a ton of competition and that do have a lot of

profit margin for you to work with right so the viral launch web app is $20 so if

we look right here we can see that the product discovery with our discount and

I'm not gonna show every single one of these guys but I just wanted to show you

a couple of them right our discount brings it all the way down to 1692 a

month or if you want the sourcing expert which includes a few more things 28:58 a

month right but as cheap as 1692 a month and again if you want the market

intelligence right this is the Chrome extension that they offer instead of

their normal you know 1667 a month or $20 a month we get it for as cheap as

1167 a month right so I just wanted to average that out show you guys that we

really do get these really amazing discounts for the FBA ninjas on all of

the products and services that you actually need to be successful on Amazon

FB Hey right so the web app and the Chrome

extension cost you 34 total dollars you'll never find that cheaper anywhere

and these software these pieces of software guys are incredible I know the

founder and owner of our launch the dude is incredibly smart um samples right so

when you are actually going to order your product from your manufacturer in

China to get samples right to inspect the initial quality a lot of people you

know say that you can skip samples I never personally skip samples unless

it's an unbelievably simple product but you know in 99% of cases I do get

samples so this means let's say that I want to source 500 garlic presses I

would want to get a sample of one of those garlic presses from my

manufacturer sent to my house right I have one sample sent to me and I've one

sample sent to my product photographer which we will talk about down here right

to take pictures of it and get beautiful images of it for me to use on my listing

but for right now right I get a sample sent to me and I want to look at it I

want to look at the packaging I want to look at everything I want to make sure

that this final sample this final product exactly how I will send to

Amazon is perfect right the the packaging looks amazing

the the quality looks amazing if there's any bubble wrap or anything that you

need to do to keep your products safe is there and looks great that your barcode

that Amazon actually sent us scans right your FN skew is there everything looks

amazing it's a final version of my product and it looks great the quality's

there everything is perfect right so I send one sample to me and I said one

sample to my product photographer and that usually costs you know anywhere

from 75 or 50 to up to 150 dollars I budgeted 150 dollars here guys because I

want to be realistic again I could tell you that you could get started on Amazon

FBA and become a millionaire with $100 but that's just not realistic this is a

business it requires investment it takes money to make money in almost all cases

guys so I like always I want to be completely transparent so if you're

going to PL or private label your actual products with your own logo if you can

get one for as cheap as five dollars right I've gotten a bunch of really

awesome logos made on Fiverr comm with $5 so just go to fiverr.com fiv er are

calm and look up logo design or graphic artists and you can get a logo made for

literally five or ten dollars and it looks incredible right the next thing we

need to talk about is barcodes and you can get barcodes for as little as $5 and

what I mean by barcodes guys is you need what it's called a UPC write or a

universal product code which you basically assign to your product listing

when you do create a new product listing on Amazon and you need that unique code

to do that and so now that it is 2018 right there's been some rumors that you

need what's called a gs1 barcode which are significantly more expensive than

five dollars again I'm just trying to be fully transparent with you guys but as

of right now you do not need gs1 barcodes to actually create new product

listings and so until that moment comes where Amazon forces you to use gs1

specific barcodes which are you know some some can be as expensive as 700

year I'm not going to do that because it's a ridiculously cheap you can't go

to ebay and type in UPC codes and you can get them you know 10,000 for for

$4.99 and we see a lot of these sell right and so barcodes can be super cheap

you do need them to create new products so let's get to the expensive stuff the

units obviously I can't tell you how much per unit cost

be-because you could sell something like you know a fidget spinner that cost 10

cents to make or you can sell something like a ping pong table that costs $100

to make so I'm going to just use a kind of average that I've seen for many of my

products which is $3.00 per unit and this includes glossy white packaging

with your logo printed on the front of your package and a sticker barcode on

the back guy so this is a fully ready to sell product that you then actually

shipped to Amazon FBA I never generally recommend buying less than around 500

units because you need enough units to actually launch successfully and that

means you need to give away units more units than the people on page 1 are

currently selling to actually outrank them and get past them and move up on

page 1 to actually kind of start to get that visibility from Amazon buyers and

sustain that rank and get those organic sales which is what the profit from

Amazon FBA it really comes from right so a lot of people will buy a hundred units

or 200 units they'll get at Amazon FBA and they'll realize that the people on

page 1 are selling 10 units a day and for them to actually get to page 1 also

they need to sell 11 units a day and so they're giving away 11 units for you

know between 3 and 7 days the amount of time that it takes to get to page 1 and

then all of a sudden you know half their inventory has gone just from giveaways

to get to page 1 and you know by the time that they're getting all these

organic sales they're already out of stock right so a lot of people and a lot

of you know so-called gurus out there will say you know order 100 units order

200 units and then they'll heal and then you'll do that and you'll realize that

to get any organic sales you have to launch correctly and to launch correctly

you have to give away units and by the time you give away those units you don't

have enough to actually sell and make profit right and so the least time that

I generally like to recommend or the least amount of units I'd recommend buy

is about 500 that gives you enough kind of leeway to do a launch correctly to

get to page 1 and then still have enough units to make your money back and then

make significant profit on top of that umm adding labels guys I just wanted to

include this really quickly because a lot of times manufacturers will tell you

that it costs you know 10 cents 25 cents for them to actually add labels or the

little barcode stickers on the back of your box that each product is inside of

and that's want to be really clear guys so there's a little box like this

there's a garlic press inside there's your logo

you had designed printed on the outside of this white glossy box and on the back

of your box there's a little UPC sticker which is a barcode that actually you

create from your UPC that you bought you know from ebay for example on this

on this example right so they usually will say okay well it cost 10 cents or

25 cents for us to assign these stickers and you tell them absolutely not that

should be free that should be included in it because they literally 99.9

percent of the time will do that for free you just have to know that it

should be free so I just wanted to include that just so you guys can kind

of see and see that and not fall victim to paying an extra you know cost per

unit because at the end of the day every cent counts for increasing your profit

um package design so I included this one

because package design actually is pretty important what I like to do with

Amazon FBA and the reason that I've actually been able to get some success

is that I always go after the premium option right you never want to compete

on price with people who are already selling in the niche that you want to

enter you always want to be the premium option you always want to demand a

higher price because you know you have a better package or because your product

has additional items with it that you're bundling or you're adding value in some

way right and so enough so something that I like to include is having a

nicely designed package so don't skip out on that right you can have anybody

from fiber or upwork or whatever you know actually create your package design

for you if you want to spend a little bit more and make a very beautiful

packaging I recommend a company called outline Matic and I actually will

include a link down below with our you know Amazon FBA ninja discount code of

course every link in this description guys will be a heavily discounted link I

want to save you guys as much money as I possibly can because I know that getting

started on Amazon FBA is hard right it cost money and I want to make the most

realistic estimate that I can possibly give you guys you know and in doing so

give you all of the discounts that I can possibly offer you guys to get started

in the right way and do this so you can actually create a real income from it

and a real you know career from it and leave your 9 to 5 grand behind alright

so the next cost if you want to consider is the inspection cost and anyone who

tells you that you can skip an inspection slap them directly in their

face one-time inspections are incredibly important and you should never ever

ignore inspection what inspections actually mean is before you ever

release the 70% final payment to your manufacturer your goods need to pass

inspection this means that they need to you need to hire a third party company

that has nothing to do with your manufacturer to come in take a sampling

of all of units that you had created and give you a report saying you know these

products either are very high quality everything that you wanted is good to go

or you know they look like complete crap and you should not pay the 70% deposit

until they are fixed right so never ever ever ever ever ignore the inspection it

is so incredibly important and a lot of people ask me Kevin do you continue to

get inspections over and over again as you reorder from the same supplier the

answer is absolutely yes I get an inspection every single time I can't

even tell you how many times we've gotten inspections for companies that

we've used for years and you know they had a different sales manager come in or

they had their Quality Assurance team replaced or you know he was you know

sick and they had somebody else in and you know just all of these situations

happen that you are very outside your control and the only way to catch and

make sure that you have the highest quality product so you're Amazon

customers aren't returning them and you don't have issues down the line is by

getting an inspection so this is the best possible money that you could spend

for the entire process of Amazon FBA from start to finish

never ignore it you can get an entire mandate of someone's time in China $4.99

USD and which is an incredible deal right and so the next thing that we have

to talk about is shipping so for $1,500 you can get three you can get five

hundred units at three dollars per unit and you know shipping is gonna vary

incredibly based on the product that you buy right and so before you actually go

to invest what I suggest is reaching out to your freight forwarder if you're a

part of the Amazon FBA ninja family right if you're part of the Black Belts

group you can use my freight forwarders and you can just reach out to them with

a quick email or a message right we have all their Skype information and

everything and say hey I'm thinking about ordering 500 bowling balls how

much is it gonna cost for me to ship via air and via C and they can give you that

number right it's very difficult to get this number it's probably the biggest

kind of variable that's most difficult to get to come up with the final

profitability analysis of investing in a new product right because shipping 500

of bowling balls versus for shipping 500 feathers it has a huge difference in

actual cost right from a weight perspective and from a volume

perspective which are the two metrics that actually

determine shipping costs right and then the biggest other thing is whether

you're shipping it by sea which takes between two and three months from start

to finish to actually arrive in the Amazon FBA warehouse but is cheaper

versus shipping by air which can take you know anywhere from three to seven or

ten days even which is obviously much more expensive but can sometimes be

better if you need to get back in stock and things like that so the next gossip

you want to consider is product photography and guys I put do not ignore

here because it's so incredibly important to not be cheap about your

product photography and we included a link here with viral launches product

photography service which is the best right and they gave us an incredible

discount guys we're saving literally hundreds of dollars with the discount

that we're giving you guys for completely for free just for watching

this video and they do very very good work from a product photography

perspective if you're buying a product that requires lifestyle photos write

pictures of the cute little babies or a beautiful woman wearing you know a dress

or on like a beach towel or something like that then you'll have to get the

more expensive version but still they have the best deals I've seen anywhere

with this discount they've given us an incredible discount viral launch you

know in KC or good friends of mine and they do very very good work do not be

cheap guys if you're listening to anything I'm saying during this entire

video don't be cheap with product photography it makes or breaks out this

can be the difference one picture can be the difference between being successful

on Amazon FBA and leaving your nine-to-five corporate job behind you

forever and living on a beach in Thailand and being in a cubicle for the

next 50 years so don't be cheap when it comes to products ography I know that

sounds extreme but that's as important as product photography is I'm just

trying to portray it as best I can through this YouTube screen right the

next cost is the Amazon seller account fee this is a thirty nine ninety nine

dollar fee so you pay it once a month they generally when you open your Amazon

seller account they'll start charging you from that date but Amazon all you to

do is let's say that I started on January 1st but my products didn't

arrive until you know March 1st so they charged me twice but I wasn't actually

using it just submit a chat right open to chat with Amazon seller support and

say hey can I get a refund for the two months that I did my inventory wasn't

actually here and they'll always refund you if they say they won't

then just open a new chat window and that guarantee you that we're fund you

immediately it's super quick super easy and that's a little ninja tactic for you

guys right there and so that brings our total guys to two thousand eight hundred

and eighty seven dollars and ninety nine cents and if you added this up yourself

you'll say Kevin wait but it's not your hundred fifty dollars higher well the

reason for that guys is the one hundred and fifty dollar sample cost if you know

what you're doing you can get that actually deducted from your first order

so you'll pay the 150 for your handy-dandy

you know sample garlic press sample to yourself and one to your product

photographer but they will refund you that one hundred fifty dollars when you

pay your 70 percent final payment after you've passed your inspection right so

you can actually get that hundred fifty dollars back when you pay the final 70

percent and so that brings us to you know about a little bit less than twenty

nine hundred dollars guys and this is a realistic estimate this is a real

estimate anyone else who's out there who's telling you you know you can get

started on Amazon FBA for $300 no you can't just to be perfectly frank right I

don't want to establish unrealistic expectations for you guys I want you to

actually be prepared for what is involved with this business is Amazon

FBA amazing can it change your life absolutely I'm the perfect example of

Amazon FBA completely changing someone's life but can you do it with a hundred

dollars to start or a thousand dollars to start you know it's possible with a

thousand dollars but it's not possible to do it right right two thousand

dollars is a little closer comfortably if you want to start this business the

right way from the start to finish doing things right getting beautiful pictures

right getting your inspection getting nice packaging getting you know quality

units doing things correctly from a product photography standpoint this is

the amount that you realistically need guys and the last thing that I want to

include in this specific video is the cost of the mistakes I made and this is

not I promise you this is not me saying you know go out there and buy the Amazon

FBA course if you like somebody else's course if you like

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