Million Dollar Case Study S05: Episode 6 | Final Product Selection... | Amazon FBA Profitability

Discover the latest strategies in our 2024 edition of How to Sell on Amazon:    • How to Sell on Amazon FBA for Beginne...  

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Imagine a blueprint, a step by step guide - a case study where we peel back the curtains and show you exactly what it takes to sell on Amazon.

💻 Welcome to the Million Dollar Case Study Season 5! 💻

Throughout this series, watch over Lenny's shoulder as he launches a new product on Amazon. You'll also get a deeper insight into the thinking behind each step - more than we’ve ever shown you before. There will be guests along the way to share their perspectives and sit down for Amazon Real Talk, discussing the pretty side and not so pretty side of selling on Amazon in 2020.

In episode 6️⃣, watch as Lenny performs final profitability checks on his product idea, and finally places an order!

Download the Purchase Order Agreement Template here: https://jnglsct.com/po-template
Download the FBA Profit Calculator here: https://jnglsct.com/profit-calculator

0:00 Welcome to Episode 6
0:22 Silence & Meditation
1:30 Basic Profitability Checks Revisited in the Product Tracker
1:43 Lenny Chooses the Product!
3:29 Amazon Real Talk: Morning Success Rituals
6:32 Using the JS FBA Profit Calculator for more Profitability Checks
8:20 Calculating your Sales Price
12:41 Determining the FOB Price
13:10 Calculating Shipping Costs
13:40 Shipping Products less than 200KG
14:25 Rough Rules of Thumb for Calculating Shipping Costs
15:54 Calculating the Domestic Shipping Cost
16:08 Landed Costs
16:24 Calculating FBA Fees
18:16 Calculating your Approximate PPC Costs
19:33 Evaluating Profit & ROI
20:56 Calculating Worst Case Scenario Pricing
22:46 Using Amazon’s FBA Calculator
25:50 Interpreting Total Unit Costs
26:50 Start-Up Costs
32:45 Placing Your First Order
33:03 Lenny Places His Order
34:27 Using Purchase Order Agreements
38:50 Paying your Supplier
40:59 How You Can Follow Along: the Million Dollar Case Study Challenge
41:19 What’s Coming Up Next Week

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