What It ACTUALLY Costs To Sell On Amazon FBA In 2021

Hi everyone, I'm Tatiana and today's video is a

2021

updated version of how much does it cost to start an Amazon FBA business, so I've been making these videos for the past few years, I made one in 2018, 2019, 2020 and here we are today.

2021

and my purpose here is not to try to convince you to start an Amazon FBA business. I'm not going to be biased with

what

I share with you today, so there won't be any manipulation of the numbers, trying to make it appear. like it

costs

less than it

actually

does, the fact is I want you guys to understand

what

the reality of starting this business is like and the more details you have the better you can determine whether or not it's the right option for you and this is just this is a wonderful business

sell

ing on Amazon is extremely lucrative there are many different methods to

sell

on Amazon many different models fba is one of those private labeling is one of those but this one although there is no maximum limit and that is the The good thing about this is that You can truly earn as much as there are no limits to what you can earn when you build your own brand;

However, the barrier to entry is that there is a minimum cost and not everyone can afford to start this business, so at the end of this video you will get clarity on how much it will cost to start this business just to get it up and running and then you will be able to start reinvesting those profits back into the business and start growing the business, so I'm going to give you You've got the facts here and let's get started because it's going to be a little bit of a long video, so I have two categories here, I have the mandatory category and the optional.

I'm going to start again here with the obligatory category, these. These are just fees, these are

costs

that I think will be essential for everyone starting this business, so to sell on Amazon you must be a member of their seller platform and it costs you money, you have two. Options: You have the option to become a professional seller or an individual seller. Now the professional seller pays a monthly fee which is 39.99 and the individual seller still pays a fee; You simply don't pay the monthly fee, so you pay the fee per item you purchase. You usually know that if you're selling us a good amount of products per month, it makes more sense to pay the 39.99 membership fee instead of paying per item because that

actually

adds up if you're not selling a lot as a couple. units per month, so yes, you don't need to hire a professional, so I'm going to put 39.99 here as a membership fee.

In the past I used to recommend starting with an individual seller account, setting up your central seller account and then later, once you are ready to send your inventory to Amazon, upgrade to the professional selling account so you can save 39.99 per month. I no longer recommend doing that and the reason is that I found that it has actually become quite difficult. Updating your account in the past was simple, they just updated it easily, but now when you ask to upgrade from individual to professional, sometimes they do a small audit of the account and in fact this update can take weeks or months.

And you know time is money, especially if you have inventory ready to be shipped to the Amazon warehouse with FBA, you're going to want to get that upgrade soon, so I recommend starting with the pro account, it's going to be a lot. less hassle for you and the last thing you want is problems with your central seller account because it really depends on Amazon. Okay, now the second thing I'm going to recommend is a product research tool, back in the day, before everyone knew about it. selling on Amazon the way that us older people research products is that we would go to Amazon and browse through the Amazon catalog page by page and try to do some manual calculations to figure out which products are selling well, but over time.

Over the past six years there have been a multitude of incredible tools serving Amazon sellers that simply make your life so much easier and help you find amazing products. Now you've probably heard of two of the most popular tools, one is Jungle Scout and the other. is helium 10. These are two of the most popular product research tools, but they do a lot more than just product research, so I highly recommend them now, in fact, I'll put them in the required category, and although it's technically optional, believe me. Guys, whatever you pay for these tools will be worth it because they will help you find better quality products.

They will help them find products that they probably couldn't find by doing some manual. do your research and it will also save you a lot of time and you know what if you're working full time right now and you're doing this on the side, if you can only spare an hour, two hours a day or a night, then you're going to want to make the most of your time. and these tools will definitely help you, so I have put two product research tools here Jungle Scout. You can get it for one hundred and forty-nine dollars for three months and that's what the 25 discount code means if you use the link in the description box of this video, that's what that 25 discount code will get you; otherwise you will pay full price with helium 10 you can get it for 48.50 per month and that is what the 50 discount code is so again these are My affiliate links will be linked in the description box next.

You can get these discounts. If you use those links. So I'll use Jungle Scout just for this example. Jungle. explore for three months, okay, so the next thing you'll need to invest in is samples, so once you've used your product research tools, found the product you want to sell on Amazon, and contacted with suppliers. Now you will need to obtain samples from suppliers. I recommend contacting as many suppliers as possible because obviously you know that the more suppliers you contact, the better your chances of success with any of those suppliers, but once you've narrowed that down.

List your top three suppliers. I recommend getting at least three samples, so you should take three different samples from different suppliers and the reason is that your goal on Amazon is to make sure you sell the highest quality product that you know how to sell. On Amazon it is not like it was a few years ago, where you can get away with selling a low quality product, nowadays everyone has a high quality product and if your product does not meet the standards, the quality standards are It's just not going to be successful, so get samples from three different suppliers.

You will immediately notice the differences when you receive those samples, which is higher quality which is lower quality. I also recommend that you buy products from competitors, so go to Amazon and search Find out who the best sellers are for that particular product that you are going to sell, buy their products so you have something to compare them to. You can compare the manufacturer's products with the product of its main competitor and then you will be able to know if this is the case. the best seller, obviously this is a product that people like to buy, obviously, it is high quality, let me compare it with the manufacturer's samples, so how much your sample will cost you depends on each supplier has their own policies, some suppliers will ship them. for you free you just have to pay for shipping some suppliers will make you pay for samples so i am going to put an average of fifty dollars per sample so if you get three samples it will be around one hundred and fifty dollars and usually The fifty dollars includes shipping and what you can also do to save money on shipping, so if you order these samples internationally, let's say from China and you ship a sample from China to the US by air.

Um, you know that can add up so you can reconcile, you can hire a company to store all of your samples in one shipment, so that all of your samples can arrive at one facility and then have them all shipped to you in one shipment to that you save on shipping costs, so that's an option, but I'm not going to write that, so here we go with the samples, about a hundred and fifty dollars for the three samples, so now we're going to do the inventory, this will be for Where most of your money will be spent will be on your inventory, but it's really difficult to give you an estimate of how much your inventory will cost because it depends entirely on the product you choose to sell on Amazon when you start selling on Amazon.

I was broke. I didn't really have a lot of money, so I looked to sell one of the cheapest products I could find that was still in demand. I was able to get it from my manufacturer for 20 cents a piece. and it was also super lightweight so shipping was extremely cheap so you know you have the option of buying a product that's 20 cents a pop but there are also products that you can pay for fifteen bucks a pop or twenty bucks a pop , so it really does. It depends on what you choose and this is where you have to do it.

You can be smart about it. It depends on what your budget is. If you have a lot of money to invest in this business, that's great. I mean, the more, the better. You can choose products that are more expensive and it might be advantageous for you to do that because a lot of people may not be able to afford to get products that are ten dollars a piece, twelve dollars a piece and if you can, that just means that there may be less competition for those products and you're also probably going to get a higher profit margin, but if you're on a tight budget and you still want to get started, you want to get your foot in the door, you want to start learning this business.

Still, you will have to look for products that are a little less expensive and that you can make at a cheaper price like I did, so the option is yours, the choice is yours, you just have to be smart about doing it. When you're looking for products or what you're looking for, I will say that on average I would say that most people buy products that cost around five dollars a piece, so that's what I'm going to use for this example here with an estimate. about five dollars per unit and it also depends on how much inventory you are going to order so a lot of times when you contact a manufacturer they will tell you their MOQ which means minimum order quantity and that minimum order quantity is The minimum order you must place, so for some it is 100 units, for others it is 500 units, for others it can be a thousand units.

Now you can negotiate a little with this, but you don't know too much. You can try to negotiate and be Hey, you know this is the first time I'm selling this product on Amazon and especially if you're not making any modifications to the product, then you can negotiate a little bit more and reduce that moq if it's high, but at the same time. Not only do you want to order the minimum amount of inventory, you have to forecast and try to forecast how many units you're going to sell, and since you really don't want to run out of stock, that's probably one of the biggest struggles when people start selling on Amazon and they're having initial success and then they sell out and it can backfire on you, you know it's not the end of the world, it's a good problem to have, it's better than no sales at all, but at the same time, if you're gaining momentum and suddenly you have than stopping it, that can be detrimental because Amazon also doesn't like that you want your customers to have the best experience. possible and if they see customers clicking on your listing but then not being able to purchase your product, that can affect your ranking, so you need to be smart about how many units you order, but you also need to consider what your budget is.

So for this example, I'm going to say five dollars per unit, 500 units. I think that's very realistic. You could do less. You could do more. But I think this is a very realistic estimate of the cost of inventory. Okay, inventory is going to increase. It costs around 2500 again, it may be more, it may be less, I'm just trying to play on average here, okay, next cost of your artwork, so I'll start with your packaging, the packaging design for your product now that you are. When consulting a manufacturer for the first time, they will show you some basic packaging that is included with their product.

It's a very basic packaging that is free at no extra cost to you and I recommend that you go ahead and use that packaging at At this point I don't think it's necessary to buy premium packaging and explore a bunch of different packaging options unless you have the money to do it, otherwise it's not the best use of your money right now because you haven't done it yet. Test your concept, let's do some sales first, but what you can do is customize the packaging for your brand, that's an option, so the way you would do it a lot of times the supplier will give you the dimensions of the packaging and then you can send those dimensions to a graphic designer and give them some ideas of how you want your packaging to look your color theme your font your logo what you want on the packaging the graphic designer will do the work for you now I recommend Using a platform called fiverr. com, I will link it in the description box below.

Also dida video detailing how I use fiber and I show you many of the logos on packaging that I have created for my brand in the past so if you want to take a look to see some of my sketches and some of the things I have created through fiber, you can click the link in the description box of that video, but on Fiverr the reason I recommend it is because it's extremely affordable. You can get packaging logo illustrations for almost anything at a really great price. price and you just hire these freelancers who are pretty talented, you just have to give them some direction so they're all graphic designers, they're artists, they're talented, they know what to do, but if you give them some direction it can really help. improve the quality of work you receive, sometimes Fiverr has a bad reputation about how you get low quality work, but that has never been my experience.

My experience has been that if you give direction you can have some really amazing quality work to date, it's really the only one. Place I use for logo design work, all that, so five can do your packaging for about 25 bucks. Well, I just realized that I was standing right in front of the words I was writing for you, so I hope you can. Take a good look at them, so the packaging is about 25 um. I also included a logo here. You will want to have a logo made for your brand because you will simply want to have it plastered on your brand.

Be important to you, the logo is 15 approximately in five in five. You can get a logo for 15. They will give you three different concepts and you just choose the one you like best and you can ask them for revisions if you want. Also get a logo made for 500 of 99 designs so again you can spend as much as you want depending on what your budget is but my experience has been 15 will be enough for a great logo so next we are going to talk about your photos of Amazon, so these are the photos that will be displayed on your Amazon listings, so when people search for your product, look at your listing, look at your photos, now your photos are extremely important, probably one of the most important elements of your entire list because you could have the best products in the world, but if you don't know how to market them properly, people won't buy them and on Amazon, most people don't actually accept them.

It's time to read your description or your bullet points, but they look at your photos, so your photos can make or break a sale and your photos are even more important than your packaging, so for packaging, I really don't recommend going all out . No, right now it's not the best use of your money because you have to think about it in retail, if you were selling this product at Walmart and someone was looking at the shelf and they were looking and trying to choose between your product versus someone who You sell something similar so your packaging matters your packaging is all your packaging can be the difference between someone picking up your item or just taking a look at it but when it comes to ecommerce people won't see your packaging but what they will see They are the photos that you have shown on Amazon and you don't even have to include a picture of your packaging in those photos if your packaging doesn't look good later when you start making more money from your business and have more profits that you can invest in others areas of the business to improve things, then you can start working on packaging and the reason you would do that is because it will help with your brand experience, it will help customers. experience, ultimately your goal as a salesperson is to make those customers as happy as possible; you want to add so much value to them that they are delighted by the fact that they were able to buy your product and, for example, with my brand.

It took me two years before I stopped using the manufacturer's packaging and upgraded to my own type of branded packaging, so each product would come with this beautiful tissue paper with gold lettering and all these beautiful statements were written on it . cute little cards, it even came with a free drawstring bag so I invested more in the packaging because I wanted my customers to feel a certain way when they open the product when they receive the product, they feel excited that they received the product. I get certain vibes and in fact it actually helps with marketing because then when their packaging is great they want to share it with others because it elevates their status and every time something elevates status people share it with others so that's why I get tags on Instagram and Facebook and people just share it with their friends because they enjoy the experience, so it's not the priority right now if you're short on money, but in the future you can always improve that the priority is your Amazon photos , those are important and in the past I would recommend you know that you can take your own photos with your phone and your camera and that's enough because that's what I did and again in the beginning when I started this business, I didn't really have a lot of money, I did everything.

I literally was the graphic designer, I was the Photoshop person, I was the marketer, I was the copywriter, I was everything, however today the competition is greater on Amazon and people know what they are doing and it has amazing quality photos, so don't skip this, this is important, so if you use fiverr.com, which again I'll be linked in the description box below, you could pay around a hundred dollars for your photos from Amazon , maybe like a hundred dollars and two hundred dollars for your Amazon photos or if you want a more premium service, you can go to productphotography.com, for example, it's about taking professional Amazon photos.

It can cost up to $1295, so again it can be as much as you want, but Honestly, I'm good with fiber photos and really my advice here is if you want to save money on this. What can you do if you have the latest iPhone or just a quality camera? You can take the photos of your product yourself. make sure they have amazing lighting, perfect lighting on a solid background, take your product photos, take them from different angles and then what you can do is send them to a freelancer on fiverr to render it in 3D, where they will render the product they want.

We'll photoshop it to make it look perfect and we'll just refine the product and improve the quality, remove the background so it's on a white background and then you can send it to someone else on Fiverr to create the Amazon images because essentially the images on Amazon it's a lot of it's just a lot of text on the images, a lot of Photoshop inserting the image here inserting it into a lifestyle photo and that way you can really save money if you don't want to send your products to a company like productphotography. .com where they have a professional setup and they will do all of that for you so there are ways to save money or if you're not even interested in doing that work yourself you can outsource it for a hundred bucks for your Amazon photos so the Next on the list are barcodes, barcodes, so these are the UPC barcodes you will need to sell on Amazon.

To create your listing on Amazon, you will need a UPC barcode to help Amazon identify your product now. In the past, a barcode people would buy these things called resale barcodes and they were super cheap because technically they're not real barcodes, but they somehow get the job done and Amazon would accept them and those barcodes were really cheap, like 10 dollars for 20 dollars. barcodes, but for a couple of years now Amazon has announced that the only barcodes they recognize and accept are gs1 barcodes. I will link the website for that in the description box below, so if you are going to buy a barcode for your product to sell on Amazon, you should buy it from gs1;

Otherwise, you risk not following Amazon's terms of service and you risk having your listing suspended or even having your account deactivated, so you know what you should do if you want to save money. at speedybarcodes.com or just resell barcodes you can do it at your own risk so the cost of the barcode is 250 and I know it is a lot and that is why many people are very doubtful about it and ask if I have to get that barcode and it's really up to you, but Amazon terms of service says yes, and it's 250, but not for one barcode, it's one to ten barcodes, so technically you can get 10 codes of bars, but if you are only selling one product. you only need one barcode because you don't need a different barcode for each product if you sell markers by pack of markers and you have a thousand units it is a barcode for the thousand units, not each of those thousand units needs a barcode different barcodes, so you would pay 250 dollars to get one barcode, you would only need one professional barcode per product sold on Amazon per product listing, so 250 is what I'm going to put here and I should also mention that there is a 50 annual fee for gs1 to renew your barcode which is a little silly but that's just the price ok so the next two on the list are shipping and escrow so how are you going to ship your products from your manufacturer to the Amazon Fba warehouse you have? two options you have air shipping or you have c shipping if you are doing it internationally if you source locally then you will just ship it by truck it will be economical you can even use Amazon discounted freight rates so if you get your products in the country you want to sell in, your shipping will be really cheap, don't even worry about that, if you ship internationally it will be more expensive, so c or air, those are your two options. it will always be more expensive than c it is faster it is easier c your shipment can take about two months to arrive depending on the country you are shipping from but you save a huge amount of money by doing it that way so if you can plan Pre-stock your inventory by anticipating your shipments and doing some proper inventory reporting so you know when to order in advance, then you will save a lot of money and help your profit margins if you can ship continuously by sea now for the first time.

Shipping I recommend shipping by air simply because it is easier, you want to start selling your products on Amazon as soon as possible and you don't have to worry about the headaches of shipping, however you have the option of shipping by sea. Well, I'm estimating about four hundred dollars for a shipment. This estimate is very approximate because it depends entirely on your product. If you have a very light product, your shipping will be cheaper if you have a small product. Shipping will be cheaper if you have a heavy product, more expensive, the dimensions are large or the dimensions are unstable, it will be more expensive, so keep that in mind when selecting the product, if you want to save.

Know the shipping rates, you'll also need to factor them in with the product you choose because you may find a great product but it's a fiver a pop and that's going to kill your profit margins when it comes to shipping now. The next thing I put here is a voucher, so to ship your products from one country to another you will need a voucher and the voucher costs around 85 per shipment or you can spend 500 for the voucher and it works for the whole year, so 500 a year, I do 500 a year because I ship a lot a year, if you only do a few shipments then the $85 might work, but if you're going to do more than you imagine, four shipments, five. shipping, then you will definitely want to pay the annual bonus fee, which is 500, so the last thing on this list of mandatory costs is to put on Amazon ppc, which now means pay per click advertising.

A lot of people might put that on option like they don't really need to advertise their product, but honestly guys, if you're not doing ppc when you first launch your product, you're having a big disadvantage: you really want to activate your Amazon ppc. learn how to do ppc, not just automated campaigns but also manual campaigns, so you're going to want to spend at least two hundred dollars just to get started, because you have to recognize that when you first launch your product on Amazon, your product is probably going to be on the page number 30 of the Amazon search results and I don't know about you, but for me as a customer, I don't get past page three, you know, even page one, sometimes I just want to make my purchasing decision. as quickly as possible, I'm not going to go through 30 pages, so the beauty of ppc on Amazon is that you pay Amazon a certain fee and your product, for whatever keyword you're paying for, can appear on the first page . as a sponsored product and the nice thing about this is that you don't pay unless someone clicks on your listing, so if someone sees your product on the first page, even though technically your product should be shown on page number 30, you have fact, but if you paid for a sponsored ad and they click on it, then you would pay for that click, for what it's worthIt's worth the money because it allows you to be discovered by customers, especially when you're just starting out and ranking so poorly. you want to get as close to page one as possible and the way to do that is by getting those sales and those reviews so I put it here in the required category, but you know you need to understand that ppc, you know it's a little bit, it can be a little bit. frustrating because it can eat up all your money if you don't know what you're doing and sometimes it takes some money, an initial investment of a few hundred dollars to really start to understand what your campaign strategy is going to be what your advertising strategy is going to be. to find out which keywords work best and which don't, so it takes a little bit of clarity to figure out how to do your campaigns and it requires a little bit of investment so these are all things that I have in the required category and I'm going to put a total here for you, okay, so the total here is three thousand eight hundred twenty-eight dollars and eighty-nine cents, so this is what I calculated from 39.99.

amazon

membership fee three months of Jungle Scout percent 149 fifty dollars for product samples twenty-five dollars for inventory 25 for packaging fifteen dollars for your logo one hundred dollars for your Amazon photos 250 for your barcode 400 for shipping 85 for the bonus and 200 for your

amazon

ppc so the grand total is 3828, now again this is more of an average.

However, I would say that you know that at a minimum you want to have at least two thousand five hundred dollars to start with, that would be the minimum to be able to get by on two thousand five hundred dollars, you'll just have to save a little bit of money on certain things, um , but I would say you know to feel comfortable, this is probably the cost that you want to look at here, so if you don't have this money right now I don't want you to get discouraged I just want you to understand that this is the reality of the situation and that It is better not to start with this because then you could get complicated. head and things get expensive and you can't continue your business anymore and then it's a total loss, so it's better to save, you know, maybe get a second job or just save some more money until you finally have enough to to get it.

I started this business and as I mentioned at the beginning of this video, there are many other ways that you can start making money on Amazon or online so you can save that money and then invest it in a private label business and the reason why that you want to do it. Doing that is because these other business models yeah, they're great, they can help you get cash faster and you know, they require a little less investment, but the private label model tends to have one of the biggest opportunities in terms of building really a real business. mark where the sky is the limit and then you can sell those assets, then you can sell the brand or the company for seven figures, even eight figures, so the opportunity is huge here, let's move on to the optional fees here, okay, first thing I have a third party inspection fee here for 300.

Now what is this? When you find a manufacturer, you place an order with the manufacturer, you pay them your deposit, and then when they say, Hi Tatiana, the products are ready, we are ready to ship. the products wherever they go to Amazon wherever before you ship those products what you want to do is hire a third party inspection agency, so this is a company that will go to your manufacturer's warehouse and they will inspect the products. to make sure they meet the quality standard as per what you initially agreed to with the contract and the cost of this is about 300, it can be more or less depending on how many units you want them to inspect so you can have them inspect for example 10 of your inventory, so if you're selling, you know if you order 500 units, 50 units like 50 random units and inspect them and if they're great, then it's great that they come by or you can ask them to inspect everything.

Inventory all 500 units, so depending on how much percentage of the inventory you want them to inspect, it will cost more. I would recommend you know that the reason you are doing this is because it is your first time ordering from that supplier. However, you're building, you're building a relationship, you're new, you don't know them, they don't know you, you haven't established much trust yet, you're still building a good relationship, so, um, you don't know. if the products that were sent to you with that sample are going to represent the products that you know they made for you and therefore you want to make sure that before you send those products to Amazon they meet the standards because if they are not, and if they are low quality, what will happen is they will arrive in the Amazon warehouse, customers will order them, you will get negative reviews and that is the last thing you want as a new seller. start getting bad reviews because that will really destroy your listing and your conversion rate and even the seller performance metrics, so it's really worth doing an inspection at least the first time you order from this supplier, maybe even the second time, but beyond that, it's not necessary because then you've established a level of trust and you don't necessarily need to do it, so I say there is a choice: some people choose not to do it, they're fine with just sending their products to the amazon warehouse or some people what they do is they send the products from the manufacturer to your house and they will personally inspect them themselves and then save the money to go through the inventory, check everything and then they will send it to the amazon warehouse. do it if you live in the country where you are going to sell your products, so if you are going to sell in the US, then ship it to your house because it will be cheap to ship it. from your home to Amazon's warehouse using Amazon's discounted shipping rates, but if you're going to live in a different country than where you're selling from, then you won't want to do that because then you'll have to pay to ship it from your supplier to your home from your house to the warehouse and that's going to be very expensive if it's international shipping so I thought about one thing that I mentioned and I forgot to mention to you guys that I remember in my 2020. video there's a lot of confusion about barcodes uh and what?

How do you deliver your barcodes to your manufacturer? How do they stick them on the products? I want to let you know that I filmed a video just for this. I'll link it in the description box below but in summary what you can do with your barcodes is simply send them to your manufacturer and your manufacturer will print stickers and stick them on your products most of the time they won't charge for this or They may charge you per unit, it just depends on the manufacturer and your relationship with them, sometimes they just want to give you something for free or even better you send it to your packaging graphic designer and they insert the barcode into the packaging. design and that way, when the packaging is printed, it is already printed with the barcode embedded in the packaging, that way no additional time is used to stick the stickers on the products or additional expenses for your manufacturer or Amazon because Amazon offers for 20 cents a piece, they will stick the barcodes on your product for you if you forgot to do it, but that's pretty expensive so here's how to do it, but watch the video in the description box below if You are confused about barcodes, especially when you start to understand that there are two different barcodes, there is upc f barcode and sku sticker, it can be very confusing, so my video will make it clear, next one listed is a freight forwarder, a freight forwarder will help you facilitate your shipment, so I highly recommend that you choose to work with a freight forwarder if you are going to ship by sea because it is quite complex, there is a lot of paperwork to do and also when your inventory is on a ship for a month or two months you can start to get nervous, especially if you have never shipped products before, but when you work with a freight forwarder you have peace of mind because they are in the know, they are always monitoring, checking the things.

They make sure you know the products will be delivered and they also know to check insurance and all that, so I highly recommend working with a freight forwarder if you are shipping by sea. by air there is not as much hassle you may not need one but you can still work with a freight forwarder for air shipping so they will facilitate your shipment from a to z um from a to z from point a to point b and um the rate is between one hundred dollars and two hundred dollars for the broker's fee. I put a hundred and twenty dollars here, um, just as an average, and um, you have to understand that there are other costs, like the courier fee and duties, oh.

I forgot to mention tariffs, those are things that you will have to include in the shipping cost as well, because when you import something to the United States or any country, if you import from one country to another. There will be tariffs you will have to pay for that shipment. The cost of tariffs depends entirely on what you sell and the cost of what you sell. How much is that inventory worth? And therefore, what you can do to try to estimate the rights. You can find out what the hts code is for the product you are selling and you can try to estimate the fees.

I'll put some links in the description for you if you want to try it. Please calculate your duties, so the freight forwarder here costs around 120 dollars. How do you find a freight forwarder? Just do a Google search, but I will recommend my personal freight forwarder who I have been working with for the past five years. They are an amazing company, I think they are a relatively small company, so I like their very personalized service, honest and really amazing rates, so I will recommend them. They are called seariders and you can email amazon seariders.com to ask. about their freight forwarding services, they also have a lot of other services and they can help you get your bond, they can help you with your homework, all that, so I definitely recommend them.

I will put the email in the description box below and if you decide to work with them, you can get twenty dollars off your first freight, off the broker fee, so the broker fee can be about a hundred dollars , so that subtracts twenty dollars from the broker fee, with your first submission, if you decide to work with them through my recommendation, so I'll put it here, okay, so Amazon go to writers.com. 20 off if you mention my name, so the next optional expense is an Amazon FBA training program. Now I put this here as optional because Many people decide to start this business without any formal education or training.

However, I wish I could put this in the mandatory category because my most genuine recommendation is that you invest in a training program. This business is a real business. You are going to invest almost four thousand dollars to start this business and you want to make sure that you start this business with a solid foundation and a good understanding of what to do and there are so many moving parts in this business that there is more than meets the eye and The devil is in the details and that is why I find that often people perform better when they can have a step by step guide, otherwise they start to fall into analysis paralysis because they do not have the confidence and certainty of knowing whether the decisions that they are taking are the right ones or not, or knowing what the next steps are, so if you can investigate, I'm not going to give you anything as I'm not going to tell you.

You know which course to choose, but do your research because people leave reviews. People are open and honest. If they had a bad experience with a course, they will post about it. If they had a positive one, they will post about it. You can try to get references. people, but do your research to find a comprehensive program, something that's step by step, that's very detailed and up to date, it's important because Amazon is constantly changing, their policies are constantly changing, so you need a program that's up to date now. I put between one thousand and five thousand dollars here.

Because? because you can get a program for less than a thousand dollars, but trust me, you get what you pay for and as I mentioned, you're building a real business here, you want the best education possible and I've been through a lot of Amazon FBA. training programs I have free access to many of them because I have many people who want me to promote their program on my YouTube channel and so I follow their courses and many times I am disappointed with what I see, but It is that you know it makes sense if you are buying a 300 course, you can't expect them to invest that much time and resources into creating that course, so somewhere between a thousand and five thousand dollars is the price range.

I have two recommendations for after all the courses I have attended, two of them have been my favorites over the years and I will link them in the description box below one of them that is priced at a thousand dollars and is called superheroes of the market and the one that is in the five thousand dollar price range is called the amazing sewing machine so yeah they are very different but the amazing selling machine is the best recommendation I have but again you get what you pay and if you can't pay it. The five thousand dollars and then themarket superheroes would be my second recommendation, which would be a sort of runner-up program, but I recommend that you invest in a program if you can't invest in a program and don't have the funds to invest. in one, then I would say really do your research and get my free training, which is I have a four-part video series that anyone can access, go to tatianajames.com, fba, the link.

It'll be in the description box a continuation in the free training that I provide you. I cover a lot of details about how to sell on Amazon. It's not a course, so they won't get something complete, but it's enough to help them understand what they need. What I'll need to do next and whether or not this is the right business model for you because it's not for everyone, as I mentioned before, so I recommend it, but it's an optional option. Everything will be linked in the description box for you. Next, okay, next here is launching your product, so there are a lot of different tactics or techniques, uh, methods to launch your product on Amazon to have initial success and you know one of those things you could do. something like a viral launch where you give away your product at a discount and then you get those initial sales and then a lot of times people come and leave you positive reviews, so you can do some product giveaways, you can work with influencers so they can represent their professional, their brand, share their product with them.

Next, there are different strategies here, so I'm just putting this here just so you keep in mind that you'll need around 200, maybe an inventory, maybe more depends on how much you're going to give away your product throughout the whole process. product launch, okay and then here I have the trademark, so registering your trademark is not something that you should do right away because if you think about it, the purpose of registering your trademark is to protect it so that no one else can use it. name, but if you're just starting out with your new seller, you know you've made up your brand name, you probably know that someone else isn't going to come up with that random brand name at the point where you want to consider registering it.

It is when you start to become a more popular seller on Amazon, you have competition, people see your brand and can see if it is a registered trademark, they may want to try to register your name, so it becomes more important to register your name once. once you start. Having some success with your brand is also a reason why you might want to trademark your name because on Amazon there is something called trademark registration and the trademark registration guy registers you as a brand on Amazon and gets certain benefits From that, for example, you get enhanced brand content in your listings, so if you've ever seen those listings where they have beautiful images and videos on their page, they have something called trademark registration and to apply for trademark registration you need a active trademark, so you may want to consider getting a trademark at that time, keep in mind that it takes up to six months for your trademark to be approved, so you may want to start taking that into account earlier, however, It's not the biggest priority right now how much it costs to register a trademark at that time.

To file your trademark, it's $225 per class, a class is like a category, so if you're registering a trademark for cookware, that would be like a class or if it's um, you know, it depends on what it is. trademark so now it's about 225 dollars per class if you live in the US then you can register your name yourself you have the right to do it and it's very easy to do it looks complicated on the website but Honestly, it's pretty simple, they have tutorials. on the website I can also link the website below with those tutorials; However, if you live abroad, you can no longer register the name yourself, you must hire a lawyer to do it, so that's where the lawyer's fees come in. here and hire a lawyer, a regular lawyer can cost around a thousand dollars, however, you can use fiber, you can use fiber to hire a lawyer over fiber and if you hire a lawyer for five dollars, it's about 235 dollars for them to prepare the trademark and then you would go ahead and file it on your own, so keep that in mind, that's what it costs.

The last thing I'm going to mention is creating a legal entity, so if you want to sell on Amazon, don't do it. You do not have to set up a legal entity, this is a corporation, an llc ltd. Whatever entity you want to create, it is not required, you can sell as a sole proprietorship as an individual, it is your choice, it is recommended to set one up because there are usually taxes. Advantages of setting up a business having write-offs for all of these expenses, otherwise you know you're going to pay personally for these things, so there are advantages to it, but setting up an entity has a cost, it depends on what you do.

The state you live in and states like Kentucky are like 40 dollars. States like California are 400 or so, so it depends on where you live and you don't need a lawyer or anything to set it up. You can do it yourself easily. So that's an optional expense, you don't need one to sell on Amazon, but it's something to consider. Okay everyone, that concludes this video. These are the costs of selling on Amazon. I may have missed a few things here, but I think. that this is pretty accurate here and again, it may be more or less than this, but this would probably be about the average and so I don't want to discourage you with this video, the purpose is just to share with you the reality. of the situation, um, this is a wonderful opportunity, but you need some cash to start this and it is better to have this cash available before you start because, again, if you start and then you don't have enough money to pay. for your marketing or payment, you know different services or your shipping, then you start to get caught up and it becomes really challenging, so I hope this was helpful for you, if you enjoyed it, make sure to hit the like button, leave me a comment .

In the comments section below, I'd love to hear where you are at with your Amazon FBA business. Have you started it yet? Are you still investigating? Are you looking for products? Are you working with the manufacturer? Are you already selling how many products? They are selling? I always love to know more about you. Share information with me so I can get to know you better. If you haven't started your Amazon FBA business yet and want help, as I mentioned above, I have a four-part video training series that is absolutely free and you can get it by visiting tatianajames.com fba or clicking the link in the description box below in that video series.

I really try to explain the entire Amazon selling process that I show. We explain how to find products using Jungle Scout, how to find the best products on Amazon, so it's quite explanatory and you will get a lot of information through that and it's totally free, so thank you very much for watching and I'll see you in the next video, look at all the links in the description box. There are many resources there for you, take care of yourselves.