How To Start FBA
Here’s your quick list of the low hanging fruit you can use to put your margins on overdrive:
- Coupons – check extensions like CapitalOne Shopping or Honey for any coupon codes they have stored.
- Loyalty Rewards – Any time a site is offering x points back per dollar spent, those can mean big money
- Customer service – sounds dumb, but ask them if they have any coupons or offers you can use at checkout.
- Gift Cards – You can buy money at your favorite suppliers for a discount. Sites like Raise or CardCash sell a $100 gift card for $95 for example.
- Cash Back – Nice bonus money for every purchase you make. You’ll use a cash back service’s link and then check out for them to flip you a % of that money back.
- Tax Exemptions – most sites won’t accept a resale permit, but a few do. Walmart and Lowes to name a couple. You’ll need this to do wholesale as well
- Sales tax free prep center – similar to tax exemptions, except you can just ship all your items to someone else to prep them for you. Find one in a state like Montana or New Hampshire which have zero sales tax and this can save you both time AND money over doing it yourself in your state with sales tax
- Credit cards – Make sure you have a solid cash back rate on the card you use for purchasing.
- SPEED – being quick is always the best “discount”… FBM your items, get them shipped in to Amazon ASAP, whatever you gotta do.
- Work with retailers – this one is probably the hardest to pull off… But if you can schmooze the right manager at your local retailer, they can really help you out.
If you use this list whenever you find winning items, you will be more profitable than the average Amazon seller
