How to Make Money Selling on Amazon + Amazon FBA Tips // The Exchange #011

The Exchange with Sunil Prasad

Timecodes:

( 00:38 - 01:59 ) DizzyAaron's story and how he got started with Amazon selling/reselling.
( 01:59 - 02:47 ) What Dizzy sells on Amazon & discussing his bread and butter for sales.
( 02:47 - 04:17 ) Differences between U.S. & Canadian consumer markets and how that affects Amazon selling, and how you can get around it as a Canadian.
( 04:17 - 05:03 ) A brief discussion about ketchup chips.
( 05:03 - 06:55 ) The general scope of building a business through Amazon & integrating into your business lifestyle
( 06:55 - 09:17 ) FIRST STEP TO GET STARTED SELLING ON AMAZON
( 09:17 - 10:41 ) What to sell besides books.
( 10:41 - 12:08 ) Amazon's scanning feature & Scout IQ
( 12:08 - 13:41 ) Next steps after acquiring product...
( 13:41 - 14:33 ) Merchant fulfilled VS. FBA
( 14:33 - 17:03 ) Shipping procedures & how to deal with returns
( 17:03 - 18:36 ) How many hours are needed per day to make a good return with FBA?
** 18:36 Q&A BEGINS **
( 18:51 - 23:15 ) At what point should I get a scanner/scanner app?
( 23:15 - 31:28 ) How do you source your book inventory? Where do you source the books from, and how do you manage excess book inventory?
( 31:28 - 38:08 ) I want to start selling on Amazon but only have $1,100 to get me going, is that enough? Do I need more or do I need to take out a loan? + the benefit of utilizing Amazon for your business.
( 38:08 - 43:49 ) Exploring different Amazon FBA business models & building an Amazon FBA brand/business for the long-term.
( 43:57 - 51:14 ) Is there another platform besides Amazon that is good for selling things like textbooks? Is there even a close second?
( 51:14 - 55:47 ) What does "gated" or "ungated" mean? How do I get ungated?
( 55:47 - 1:02:10 ) What has changed for you in the past year? What has this past year of selling taught you moving forward?
( 1:02:10 - 1:11:42 ) Dizzy talks building and developing his own brand & products in order to play for the long-term & general insight into an Amazon seller's lifestyle and what it takes to succeed as a seller.
( 1:11:42 - 1:13:43) What to do if you don't have time or money for shipping in the beginning.

Original chat with Dizzy on SUNILPRASAD360:
https://www.youtube.com/watch?v=ShkO85TimQs&t=103s

The Exchange Podcast
https://anchor.fm/the-exchange-with-sunil-prasad

About a year ago we had a chat with Dizzy Aaron and he gave us some insight into what it's like to make a living selling on Amazon and how he managed to get himself out of being homeless and broke by doing so.

Dizzy is back with us, this time giving us detailed information about Amazon selling and Amazon FBA, answering various questions about the entire process from sourcing to shipping, and breaking down what tools you need to get the ball rolling yourself.

Thanks for the chat Dizzy! You can check him out here:
youtube.com/dizzyaaron
IG: @dizzyresells (Amazon reselling account) / @dizzyaaron