Welcome to Amazon FBA For Beginners. If you Are in the right pace, 'm Mr Frank with Pro Journey nc. Let's skip the commerciaand Take the Journey in this workshop, where We will go over everything you need to Know how to be successful in this business mode. We're going to be covering things such as finding profitabe products. sourcing suppliers, optimizing listings and launching and ranking your product And so much more, so if you're ready, get a pen and paper, and let's Take the Journey into Amazon FBA for beginners part one is private abeon Amazon Part 2 product research part ntro to sourcing part isting optimization and part 5 Launching and ranking Now, Who is this workshop for? You may be new to seing on Amazon and need hep figuring out where to start, or you're ooking to create another source of income. maybe you've aready had some experience seing on Amazon via RA or OA and want to earn about private abeing perhaps you're aready a current private-abeseer, and you want to get a refresher on the essentias of this business or You may buy many products on Amazon, so you might start seing there, too. Let's Take the Journey into part one private abe: What are we Going to cover? There are three things in this workshop: number one, what is a private abe? Number two, what is Amazon FBA, and number three, how does it differ from RA/OA and whoesae, which are different ways of seing on Amazon What is a Private LabeLet's dive in. So, what is a private abe? private abeing is when you source and sea product under your brand versus someone ese's

Instead of selling someone else's Branded product or reseing, we'd ike to create your brand and seproducts under that. How does it work? Well, first, you have a Product in mind, and then find a suppier who can make that product, and finay, you seyour product under your brand on Amazon. Let's look at an example. Let's say you want to sell this pen. You then will next find a supplier who can make this pen, and then you'package this pen in your own branded packaging to seon Amazon. Now, did you know most products that you'find on Amazon are private-abe? products exactly what we're talking about here; there are miions of micro brands that exist on Amazon Many of which are owned by peope ike me and potentiay you in the future. Next time you go onto Amazon, you wisee the name of the micro-brand as the first word in the isting itsef, and aso, a itte section sometimes says visit the store of the brand. this is going to jump out at you every singe time you go to buy a product on Amazon because they are everywhere. Now that we know what private abeing is, how about this question: what is Amazon FBA? We, FBA stands for Fufied by Amazon, which is a service provided by Amazon, where they hande our Logistics and shipping to customers Why is FBA hepfuto us as a private abeseer? We, FBA saves us hundreds of hours and the headache of deaing with fufiment for our products Customers can get access to industry-eading shipping times for our products. Yes, that means our brand Product can bring to customers sometimes the same day, the foowing day, or two days, just the same as any Amazon product. Amazon aso handes the majority of athe customer support for us; we instanty have trust and credibiity because of How giant Amazon is now. Think for a moment when you go to purchase on eBay. t fees ike an onine garage sae. When you buy something on Amazon, you have trust and credibiity. That's why cose to 50 percent of aonine go to Amazon, and we get to Piggyback off of that credibiity. We aso access the 200 miion pus Prime customers shopping on Amazon.

There is no need to go out and look for Traffic; awe have to do is get our Product in front of these hordes of hungry customers who are coming to Amazon to shop Well, what does this mean for us as private abeseers? a few things one, more free time to spend on growing the business and Two, there is less of a need to hire more team members since Amazon handes a ot of the work, and three, easy access to customers ooking for your products versus running Traffic to your website, which is costy and difficut And athree of these things together aow you to put more profit into your pocket. we, how does this business modeof private abediffer from RA/OA and whoesae? These are other ways peope seproducts on Amazon, but they're not acreated equa. Let me expain so we have a chart here that wigo through each of these three, and what are the differences on the eft? We have retaior onine Arbitrage. This is essentiay going to a store in person or onine, buying something, and then reseing it as you send it to Amazon, then we have here in the midde, whoesae. This is working out a brand deaor a contract with a name brand to resetheir name-brand products, and then we have on the far right private abe, which is what we're taking about here. What are the differences between these criticadifferences? What about brand ownership? ony private abedo you have actuaownership of the brand, how about controover your product? Let's say you want to improve it; you want to ater it, you want to find a way to make it more profitabe. Ony private abedo you have compete contro. how about the exit potentiayou buid up this business, and you want to seit for a considerabe mutipe you can't do that with retaionine, Arbitrage, or whoesae, but you can with private abeupwards of 2 to 5x your yeary profits from your private abebusiness and aso, what about profit margins five to ten percent for retai, onine Arbitrage, and whoesae

But 20 to 40 percent when it comes to private-abeso, shipping products from your garage is what you're doing with retail online Arbitrage and some wholesae; you order products onine and have them shipped, and they show up stacked in the garage on the side of the house on the driveway I hope you can see now why I'm all in on private-abeWell, what are the next steps in our workshop now that we understand private abeand utiizing Amazon FBA How do we find profitable products to sell.