Archives for : Dropship On Amazon

Using The FBA Tool Kit To Boost Your Dropship Sales On Amazon

fbatoolkit.com

Amazon sales analysis tool

One of the most common questions we are asked by our new Wholesale2B members, is “What products should I sell?” While we always suggest selling in a product niche that you would personally buy from, you must offer a large enough range of products to ensure you remain relevant and competitive. Many of our members who sell on Amazon turn to the FBA Tool Kit to do just that.

What Is The FBA Tool Kit?

The FBA Tool Kit gathers current and past data that highlights product trends on Amazon. This includes both general product trends, and seasonal product trends. While the FBA Tool Kit was designed specifically for Amazon sellers who use Fulfillment by Amazon—its up-to-date data can still be valuable to you as a drop shipper.

The 3 Product Trends You Most Need To Know

The FBA Tool Kit provides 3 individual sets of data, each of which can be drilled down by day, week, or month. You can even look back at sales and product trends over the past few years. For example, looking at the hottest Christmas products for the past few seasons can help you to determine which seasonal items to sell in your store—that is of course above and beyond new and currently trending holiday products. The 3 product trends this tool allows you to access are:

Industry Specific Graphs—One set of data includes general industry data, compiled in a quick and easy to read set of graphs. Simply determine which industries are relevant to your product niche, and keep an eye on their overall trends. For example, the “Sports and Outdoor” busy season is often the spring and summer months—so you may want to stock up in those categories for your store. In total, there are over 25 industries monitored, a few of which include:

• Home and Kitchen
• Health and Personal Care
• Electronics
• Clothing
• Baby
• Pet Supplies
• Automotive
• Arts, Crafts, & Sewing
• And Many More!

Increase our Dropship orders on Amazon

Find out which Amazon categories are selling the most

Price List Analysis—Next up, you have a detailed report including a price list analysis for the UPCs/EANs you currently sell, or are considering selling. This data can be used to help you accurately price the products you decide to sell in your Amazon store. This spreadsheet provides you with a wealth of information, including: current offers, estimated sales price, profitability, and markup.

Product Tracking—Last but certainly not least, is the Product Tracking feature. Just as its name implies, this tool allows you to track specific products that you currently sell, or are thinking about selling in your store.

How To Apply The FBA Tool Kit—A Strategic Method Of Stocking Your Dropship Store

Whether you are new to dropshipping or Wholesale2B, or are a tenured seller—the FBA Tool Kit can help you take a more strategic approach to stocking your Amazon store. There are several methods you can use to select products, with a combination of your individual store’s data—and the FBA Tool Kit’s data. A few methods to consider include:

Keeping Your Finger On The Pulse Of Hot New Products—when an emerging gadget or new product begins attracting major attention, the data gathered within the FBA Tool Kit will alert you to its growing trend. Don’t just keep an eye on the hot sellers, but also a few products that are slowly but surely increasing in demand.
Prepping Your Amazon Store For The Current Season—while you are sure to have some product categories or product staples that you offer year-round, it is imperative to capitalize on the current season’s sales trends. There is always a sales trend, and your niche will help to determine which are most relevant to you. Seasonal trends can include the time of year: winter, spring, summer, and fall. It could include upcoming holidays: Mother’s Day, Father’s Day, Christmas, 4th of July, etc. It could also include industry-specific seasons: such as back to school, or hunting and fishing season.

Stocking Your General Items—capitalizing on hot new or seasonal products is essential, but you must also keep several general products in stock. Your general products should include the product categories and products that your target audience would expect to see in your product niche. Since Wholesale2B has over 1.5 million dropship products, you sometimes have hundreds of fairly similar products to choose from. The FBA Tool Kit can help you to narrow down your selection with factual data, instead of guess work.

The Amazon FBA Tool Kit To Complement Your Current Inventory Management Process

You may already have a system in place for selecting which products you want to sell in your Amazon dropship store. If that system is working for you, use the FBA Tool Kit to complement and strengthen your current strategy.

Even if you continue to load the products you sell by instinct and personal preference, you can broaden your reach by adding more researched products to your store inventory.

If you wish to start selling on Amazon using products from a variety of dropship suppliers, then checkout our fully automated Dropship On Amazon Plan.

 

TONS OF NEW DROPSHIP PRODUCTS ADDED TO OUR AMAZON PLAN

OCTOBER 28TH – NEW PRODUCTS ADDED TO OUR AMAZON PLAN

Today we added a new option to our Amazon plan to help members push even more products to Amazon.

These new dropship products are Unverified products which means that you might find slight differences between the Amazon image or item name when compared to ours, however in many cases they are still the same.

The process for adding these new items is the same except you first need to tick a checkbox to confirm that you wish to add Unverified items to your list by indicating that you confirm they are the same as ours.

If you already have the Amazon plan, just click on the top green AMAZON PLAN button and you will now see 2 sets of links per supplier. One link for Verified product counts, and one link for Unverified product counts. This will allow you to browse and add these new types of products to your Amazon list.

Enjoy this new feature.

Does Drop Shipping On Amazon Work?

The quick answer to that question is definitely YES. In fact, now you can sell thousands of products on Amazon on autopilot without any data feeds!

Just build your list and push with just 1 click! Then wait for orders to come in…

It’s really that easy!

Need Proof? Read Below…

During the months of May and June we tested our latest Amazon Dropship Tool to see if it would yield any results. We simply picked random categories and submitted a few thousand items.

To be clear, our Amazon account was brand new with no sales history

Well, in only 2 months we generated $5,175.47 in gross sales.

click here to zoom

As you can see from the screenshot above, the total gross sales came up to $5,175.47 in just 2 months. You can also see that we ran another two weeks test in December of last year and made over $833.65. You can also see that the products came from a wide variety of categories. This test was not focused on any specific product niche. In fact products were randomly chosen.

Amazon is a wonderful place to sell and I encourage everyone to give it a honest try.

As a BONUS, and when you activate the Amazon Dropship Plan, I will include a link to my Tips & Recommendations for selling on Amazon. This will include step by step instructions on how to use our new Amazon Dropship Plan as well as clear instructions on how we configured it to achieve the sales results shown in the screenshot above.

Happy selling everyone…

Tips on how to Dropship on Amazon using Wholesale2b Amazon Listing Tool

What are the first things I need to do?

After activating the Amazon Dropship plan, the first thing you need to do is follow the four steps mentioned on top of the “Amazon Dropship” page. You won’t be able to push any products until you have completed steps one and two. Simply click on the red square next to those two steps to complete the initial steps.

If you wish to sell on Amazon and haven’t yet activated your Amazon plan, please go to wholesale2b.com and signup for a free account.  Then from your free account, you can activate the Amazon Dropship Plan to get started.

Adding products to your Amazon list

This would be step three in getting your Amazon list ready to be pushed. I recommend that you keep your list OFF until you have completed adding all the products you wish to push to Amazon and setting your price markups. There is no rush in getting items listed on Amazon, and I suggest that you take the time to build your list and set your pricing correctly. When adding products to your list, you simply need to click on the top menu “Amazon products” and click on the small Amazon icon located at various levels. If you click on the Amazon icon located at the supplier level, then all their validated products will be added to your list. If you click on the “browse” button to see the supplier’s categories, reach the “product list” page, and click on the Amazon icon located at the top of this page, then all items from that category path will be added to your list. You can also add single items only by clicking on the Amazon Icon on the “product detail” page of any given items.

Cleaning up your list

Once you have added all the items you wish to sell to your Amazon list, I then recommend that you delete items between $0 and $35. The reason for this is simply related to your profits. If you are going to process your orders through wholesale2b.com, then based on past experience it is best to remove products below $35, as those items usually don’t yield very much profit. Of course, this is fully optional and this recommendation is simply based on my personal observation of sales. To remove items below $35, simply click on the small grey “delete” button located at the top of your Amazon list and enter the price ranges of $0 to $35 and click “save”.

The same concept applies if you wish NOT to sell items above a certain amount. For example, if you do not want to sell items above $500, then simply click on the small grey “delete” button located on top of your list, and enter the price range of $500 to $99999 and click “save”.

Your list won’t be cleared immediately; however, these items will be marked for removal, and will be removed from your list when you turn ON your list and submit it to Amazon.

Setting your prices

Once you are happy with your list of products, it is time to configure your selling prices. If you skip this step, then our system will automatically use the suggested list prices given by our integrated suppliers. While these prices are realistic, they will most likely not be optimized to help you start making sales more quickly.

If you are a new seller on Amazon, then I recommend that you first start with small profits and slowly increase your margins over time. I have found that when selling on Amazon, once you get your first order, other orders follow quickly. For this reason, you should configure your prices to be attractive to help you get your first order. As you start making more and more orders, you can then edit your markup and slowly increase them to increase your profit margins. By increasing them slowly, I mean that you should add perhaps half a point or one percent.

To set your prices simply click on the “STEP #4″ button located at the top of your Amazon list. You will then see the list of all the suppliers with products on your list. Now you have the ability to configure your markups per supplier if you wish, or you can simply configure markups on one supplier and copy the same settings to all your other suppliers.

To get started, click on the small edit icon next to the first supplier on your list. You will then see several markup options. If you are new to selling on Amazon then I would recommend that you limit your choice to two of the markups offered, the “flat percentage” markup or the “tiered percentage” markup.

flat percentage markup
If you are focusing your list on items within a narrow price range, then this option is good for you. This flat percentage markup will represent the percentage increase on your wholesale price. For example, if you set your markup to 40%, then all selling prices will be set to your wholesale price + 40%. As you know, a 40% markup on a $10 item is very different when compared to a 40% markup on an item for $1000. This is why this markup method is only recommended if you are focusing your list on a narrow price range.

tiered percentage markup
On the other hand, if you are including items with a wide range of prices to your list, then this markup method should be your choice. With the tiered percentage markup option, you can set different markups on price ranges of your choice. You can set nine different markups for nine price ranges of your choice. All ranges need to be entered and no gaps should be left in between each price range. Here is an example of what you can do:

$0 – $10 = 120% markup
$10.01 – $30 = 90% markup
$30.01 – $50 = 51% markup
$50.01 – $60 = 45.5% markup
$60.01 – $70 = 44% markup
$70.01 – $80 = 43% markup
$80.01 – $90 = 41% markup
$90.01 – $100 = 40% markup
$100.01 – $99999 = 35% markup

Of course the numbers above are examples only. You are free to set the price ranges of your choice as well as the markups of your choice. This method is allow you to fine tune your markups more precisely.

Don’t forget to tick the checkbox at the bottom of the markup page to copy the markup settings to all your other suppliers. This will help you avoid having to re-enter the markup for each supplier on your list. You can then edit the products per supplier if you wish or simply keep them all the same.

Confirm your profits

Now that you have set your markups, you will need to check your list to make sure that you will earn a profit on each item. This can be somewhat challenging, since you need to take into account the Amazon fee, which is usually 15%, as well as the wholesale2b fee which is $2.50 per order + 3%. Again, you can avoid this fee by processing the order yourself manually, directly with the supplier.

To review your profit or losses on each item, simply go back to your Amazon list by clicking on the top green button “Amazon plan” and click on the small grey button “show estimated profits.” You will then see either a GREEN number or a RED number next to your Sell Price. A green number will indicate the estimated profit that you will make on that item, and a red number will indicate a loss. You can then click on the “Step #4″ button to make adjustments to your markups to either increase or lower your selling prices. If you see a red number, then you should slightly increase the markup for the price range of that item. If you see a green number that is too high, meaning a very high profit, then you can simply lower the markup value for the price range of this item. Remember, at first you don’t necessarily want to aim to very high profits on each item. Your first goal is to attract buyers with realistic prices and yet competitive prices as well.

Once you have made all the price adjustments needed, you can then click on the small grey button “show negative profits.” This will trigger the list to only show items with negative profits. This will make it easier for you to do your final markup adjustments. Alternatively, you can also decide to change prices on the item directly rather then changing the markup by clicking on the small EDIT icon next to the “sell price” amount. You can consider that you are done with setting your prices once you longer see any items when clicking on the grey button “show negative profits.”

Please keep in mind that the profits are estimates only. You might have to make further adjustments when you start getting sales in, so making price changes or markup changes will be an ongoing process until you have made a few sales.

Changing your shipping costs

Although we provide the option to let you increase or lower the shipping costs using the same markup methods, I personally do not recommend making any changes to your shipping costs. If you do not make any changes, then you are sure that the shipping costs charged to your buyers will be the same that you will pay wholesale2b to process your orders. You should also remove any shipping configuration in your Amazon account and let your Amazon list from wholesale2b decide which shipping costs to charge.

Offering Free shipping

We realize that free shipping is always an attractive option for buyers, so we have included an option to quickly allow you to combine the shipping cost to your selling price. As a result, the shipping price sent to Amazon will be $0 and your selling price will be increased accordingly to compensate for the difference. To apply this option, simply click on the small grey button “options” at the top of your Amazon list and choose “yes” and click “save”.

Activate your list

Now that you have completed all the configuration steps, its time to turn ON your list and push your items to your Amazon account. Simply click on the “off” link next to the “List Status” on the top left corner of your list and choose “on” then click “save”. Your Amazon list will then be active and will be pushed every night with daily updates. If you wish to push your list immediately, then simply click on the link “Submit list now” located on top of the “List status”. This will trigger your list to be pushed immediately, which will take about 30 minutes, after which time you should see your products in your Amazon account. You do not need to click on this link to send updates to Amazon. Your list will be automatically pushed every night to Amazon so items will be converted to “out of stock” and to “back in stock” whenever changed.

What to do when I get a new order?

Amazon will send you an email when you make a sale. You will also receive an email from your wholesale2b account alerting you of a new sale.

To process your order, simply login to your wholesale2b.com account (not Amazon) and click on the top menu “Amazon Order History.” You will see your list of new orders on this page. Click on the order number to see the “order detail” page.

Here you need to compare the item from wholesale2b with the item from Amazon to make sure they are the same. Our system already validates UPC codes with ASIN numbers from Amazon; however, there is a small margin of error, so this step is simply to make sure that you have sold an item that matches the UPC. Then, go back to the “Amazon Order History” page and click on the link “order now.” On this page, you will see the wholesale price + shipping + fees. Simply click on the “next” button to complete the checkout steps and make your payment on the very last page. You won’t have to enter any details. The order details will already be generated for you, including the shipping address and the item(s) ordered. Simply click “next” until you reach the final payment page, and then complete the payment. This will trigger a new internal order in our system and our order fulfillment team will then process the order with the corresponding supplier for you.

Once the order is shipped, we will pass on the tracking code from Fedex or UPS to your Amazon account for you as well so you won’t have to worry about any delays in getting tracking codes quickly to Amazon. Amazon will then mark your order as “shipping” and they will deposit your funds directly into your bank account according to their deposit schedule. This represents the end of an order cycle. As you can see, with Amazon you need to pay for the item up front before getting your money from Amazon. If you don’t have enough funds up front to pay for the order, then what you can do is simply use your credit card to pay for the order, and refund your card once Amazon deposits your funds to your bank account.

Dropship On Amazon. Our New Amazon Listing Tool Is Ready

With our new Amazon dropship listing tool, we actually make it FUN to push tons of products to Amazon with just one click. If you ever wanted to sell dropship products on Amazon, then this is the perfect tool for you.

Today we are unleashing an incredible new listing tool for Amazon, fully automated with daily updates.

If you are new to Amazon, then you should know that they are literally an Internet retail giant. If you already sell on Amazon, then you are surely already aware of the many advantages of their portal, however adding products to Amazon can be a hassle.

Normally you would have to manually keep your products up to date, as items can go out of stock, and adding new products is also a manual process. This can be a very tedious process especially if you are selling tens of thousands of products on Amazon.

The good news is that now you can start loading thousands of dropship products to Amazon and start making sales very quickly and easily with our new Amazon Dropship Plan.

Dropshipping on Amazon

Our new Amazon Dropship Plan takes this hassle way. All you need to do is choose which products you want to and click on one simply button! Our tool will then handle daily inventory updates for you and it will even grab new orders for you as well.

All you need to do, really, is choose which products you want to sell and let our tool do the rest for you. You will get an email alert as soon as make a sale. Then simply login to your wholesale2b account and click one BUTTON to complete the order and let us do the rest for you. We’ll even update your Amazon account with the tracking code as soon as the order is shipped.

This is truly a unique tool, fully integrated with Amazon and fully automated.

Best of all, you won’t have to do any marketing since Amazon already handles that for you. They already get millions of hits daily so why not use them to reach millions of customers, and sell tons of dropship products very quickly with a fully automated Amazon Listing Tool!

Just pick the products you want to sell from our portal, then click on one button to push them all to Amazon and wait for orders to come in… It’s really that easy!

CLICK HERE FOR DETAILS

if you already have a wholesale2b.com account, simply login to your account to activate this new plan.

PS: You need to have a Professional Amazon Seller account in order to use our new Amazon Dropship Plan.

How Can I Dropship My Own Products On Amazon?

We have all heard of drop shipping, but can it be done on Amazon?

Amazon has a tremendous stake in drop shipping.  Did you know that you can use Amazon to warehouse your products and dropship them for you online.  This means you can also acquire other resellers seeking new products from online dropshippers since you will indeed be considered as a dropshipper yourself.

Amazon has several steps in which customers and clients are able to exchange merchandise without the consumer ever having known the item in question was drop shipped.

Here is how you can dropship on Amazon:

First the seller will send their product to Amazon. This can be done by following several steps provided by Amazon such as uploading the product listings to the Amazon portal.

Then the seller will need to give permission to Amazon to fulfill all orders using your inventory.

Amazon will provide the PDF labels for shipping however you will be required to use Amazon discounted shipping or select a carrier of your own using your own carrier account.

The next step is to allow Amazon to warehouse your product until it sells. Amazon will receive and scan your item(s), check the dimensions, and track and monitor the item you provided.

The third step is for Amazon to list your item(s) by price and get your item sold.

In steps four and five, Amazon will locate your product in their storage once it is sold and as per your agreement with them, they will package and ship your order to the consumer on your behalf, with the consumer not being aware that any drop shipping even occurred.

The consumer will be happy with their product and you are happy you sold your own product, and Amazon will be happy since they also made a couple of bucks dropshipping for you. The only down side with this model is that Amazon does not accept Paypal however they do accept all major credit cards.

What ever you decide, to drop ship or not, research carefully which ever company you do business with. There are scams and scamming websites out there who will take your money and not deliver any products for you. Go with a company that is accredited and have done a good, fair, business out there. Amazon.com is a accredited business and has been recognized as a reputable and reliable company.

If you decide to use Amazon to help you become a dropshipper, you can then submit a request to companies such as http://www.wholesale2b.com to inform their members of the existence of your products so they may sell them online for you.  Wholesale2b integrates products from several online dropshippers so you your products will gain immediate exposure to thousands of members instantly.  That’s like informing thousands of salesman of the existence of your new products, so if you provide good enough profit margins on your products, you can imagine how many people will start reselling your products without even costing you a penny.