Online Arbitrage For Beginners: Why Amazon FBA? (Part 2)
Hi guys, this is Kev from LifeSuccessEngineer.com! Today, I’ve got part two of my Online Arbitrage Mastery series for you! I’m going to be talking about why I recommend Amazon FBA!
Watch the video below:
In part one, I talked about the fundamental basics and I want to continue that and really explain the fundamentals on why this model we call arbitrage is such a great opportunity for you to take advantage of.
As I explained in the first part of this series, arbitrage is simply getting a product at one price in one marketplace and selling it at a higher price at a different marketplace, and the difference is your profit!
Why Amazon FBA?
Amazon FBA is a win-win situation for everybody. For users, for sellers, for you as the customer, for Amazon themselves.
Amazon have built their brand and grown massively as a company over 20 years; they’ve got so much trust and huge amounts of power as the number one retailer in the world! You know that as a consumer you trust them. You know that if you purchase something from Amazon, it’s going to turn up!
This is how Amazon have changed the game, because that’s what the FBA stands for. They recognised that back in the day, sellers had warehouses from which we shipped the products ourselves.
They recognised that if they could build a system where the sellers no longer had to ship the products out themselves, they could get all sellers to get on their programme and sell from their marketplace, and this has fundamentally changed the game online and differentiates them from other marketplaces like eBay.
Next day delivery
The Amazon Prime programme guarantees next day delivery! Now, as a consumer, if you are maybe running late on purchasing some birthday gifts, you know you can now purchase it today and still get it tomorrow..
The power of that is incredible, and this is what attracts a lot of customers. There are also hidden benefits included like Prime video.
Amazon is only growing and their new programme called Prime Air is going to be even more incredible! This is where they have a drone-based delivery system deliver your gifts! This has made Amazon the number one retailer in the world.
Selling on Amazon
Amazon already have the traffic, you don’t have to build or drive that traffic yourself because it’s already there! That is a huge incentive for selling on Amazon.
The FBA service itself is already a bonus if you’re thinking about selling on Amazon. Amazon is worldwide, so as a seller, you have access to a lot of traffic but Amazon also have the financial capacity that you and I can only dream of. They’ve got the resources to supply a lot of the world.
Amazon are shipping millions of products out and if you were to sell five thousand products and you were making $5 per product, that is an extraordinary amount of money that can transform your life. You may be able to leave your job like I did.
I was attracted to the FBA service because you can send your parcels to Amazon, and you can still do this while you’re working full time. I started selling on Amazon while I was working full time because of this amazing service!
It gives you time! You can outsource 50% of your business by purchasing your products, sending them to Amazon and then your product then gets shipped out by them! You can leverage the power of Amazon and give yourself time back.
How much time and freedom will you have if you can then outsource the other 50% of your business?
Let me know in the comments if you have ANY questions about Amazon FBA! 🙂
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