How to start amazon wholesale FBA

To start FBA Wholesale in the USA market you need to invest around 3,000$ to 5,000$.

Step 1: Creation of an Amazon individual account

First, we need to create an Individual account on Amazon with USA details.

Step 2: Creation of USA Based Company (LLC)

LLC(Limited Liability Company) is a business structure that allows us to create our own company registered in the USA. Criteria of USA LLC Once our Individual Account is verified we need to hire an agent to create our LLC. After our LLC is registered we will get an EIN (Employer Identification Number). After EIN we need to register TIN (Individual Tax Identification Number) also get Reseller Certificate and Sales Tax ID. To complete all this you need to hire an agent to complete this step you need to spend 6005 to 800$ Can because it depends on the state.

Step 03 Convert Individual Account to Professional Account

Once the company registration process is completed, convert your individual account to a professional account. Amazon will take some time to verify your account. 540 monthly subscription fee will be deducted from your bank account by Amazon when your account is verified.

Step 04 Create Website & Company Email Address & Number

You need to create an E-commerce website to get your company brand approval and open a trade account with a distributor. Various products should be listed and uploaded on this website so that the manufacturer can show it to the company while taking Brand Approval.

Steps 05 Product Hunting

Now you have to do product hunting from a VA and do Brand Approval of that product. Brand Approval may take minimum 20 to 30 days because it depends on your communication skills and the overall situation of that brand.

Step 6: Onder lo Test Products

Initially, you need to select minimum 2-3 products from any brand or distributor and order their inventory in small quantities. There's no need to put all the eggs in one basket because a brand has a lot of potential, so spending all the money on one product is the world's way. You have to test different products. Based on the budget of the people of Bangladesh, you can test a maximum of 3 products. So initially you will order 20-30 units for 3 products for testing. Let's say the average price per product is 155 and order 30 units of each product then total (30*3=90) units should be ordered for the product. The total cost for this will be 135051 and then send the inventory directly to the prep center.

Step 07 Generate Amazon Label & Send to the Prep Center

Then create a shipment plan and create an Amazon label then send it to Prince Center. They will paste labels on your inventory to ship to the FBA Warehouse. Suppose Amazon is going to charge you 50.6 for preparing each unit, so for 90 units it will be 554-5601 after preparing they will send your pages to the Amazon warehouse, and amazon will verify your inventory and make your product listing active.

Step 08 Choose a Profitable Product to Order a Large Amount of Inventory

Then when the pages go live, order inventory of 100 units of the best-selling products out of your 3 products as the buy box is related to rotation inventory. It takes 100*15= $1500 and supposes $3000 for 2 products.

Step 09 Again, Generate Amazon Later & Send to Prep Center.

Conclusion:

LLC-$500

Website with domain & hosting = $200

Monthly subscription fee = $40

Testing Units = $1350

 Prep of testing Units 560 Large Inventory of 2 Products 53000$

Prep = $120

Total 900+200+40+1350+60+3000+120=55670$(Estimated)

Now come to the most important question, how much profit comes in FBA Wholesale and how long does it take to make a profit?

In Amazon it is the most selling business model in the business model Wholesale business model if you can work with the right product then you will get sales from the first day because Wholesale we are selling the product of an Establish Brand. FBA Wholesale will typically have your profit margin between 15% and 25%.

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