I Tried Selling On Amazon FBA - The Honest Results

  Рет қаралды 90,482

Travis Marziani

Travis Marziani

Күн бұрын

Check out Michael’s 100% honest and personal results after trying Amazon FBA! We talk about how he made over $20,000,000 selling on Amazon with just $500. We share what his product is, how he started the business, and the 3 biggest mistakes he made, including one mistake that cost him over $1,000,000! We also break down all his numbers per year including his revenue, all his costs, and his final profit.
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0:00 Introduction
0:20 How Did You Start Your Business
1:50 Product Costs
5:00 1st Year Numbers
7:00 2nd Year Numbers
8:00 3rd Year Numbers
9:08 4th Year Numbers
11:00 5th Year Numbers
11:58 3 Biggest Mistakes
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Пікірлер: 99
@TravisMarziani
@TravisMarziani 5 ай бұрын
Go to freeamazonprogram.com to join my FREE Amazon FBA course. Free Course Benefits: 8+ Hours of step-by-step video lessons Amazon FBA Success Checklists Exclusive Templates +Much more Click on freeamazonprogram.com and put in your email to receive more information.
@GrowYourReputation
@GrowYourReputation Жыл бұрын
Please do not say that he MADE 20 million dollars. He SOLD 20 million dollars worth of product. This a huge accomplishment, and I applaud him! AND there is a massive difference between revenue and profit.
@Korn1holio
@Korn1holio 11 ай бұрын
yup, that's incredibly clickbait-y
@TheUnknown-yx8zc
@TheUnknown-yx8zc 2 ай бұрын
yeah but that's prob 5- 8 mil in profit which is still incredible
@alexconfie6550
@alexconfie6550 Жыл бұрын
Youre giving people valuable information. Dont let the haters affect your work. Keep it up
@BJP719
@BJP719 Жыл бұрын
Thanks guys, great example of FBA working
@proudcanadianeh4663
@proudcanadianeh4663 Ай бұрын
Love your content keep up the good work and interviews, full of lessons and mistakes!
@TravisMarziani
@TravisMarziani Ай бұрын
Thank you so much! Are you also selling on Amazon?
@TravisMarziani
@TravisMarziani 5 ай бұрын
Go to passionproduct.com to join my Amazon Fba Program. The program includes: 150+ Step by step video lessons Live Weekly Q&A Calls Private Mastermind Group +Much more Click on passionproduct.com and put in your email to receive more information.
@0scarGuevara
@0scarGuevara Жыл бұрын
Hi Travis! Do I need my brand registered to do coupons and promotions?
@oscarwilliam3815
@oscarwilliam3815 11 ай бұрын
I think this video is very helpful and beneficial for beginners Thank you for advise
@arunimasaha4171
@arunimasaha4171 Жыл бұрын
2 Questions for you 1) You already sell a course called "Passion Product Formula" teaching us to sell on a Product a seller is passionate about leveraging Amazon FBA. Lately your content has been leaning towards Walmart so will you soon Launch a course or upgrade your course about selling in both Amazon and Walmart? 2) If you "Run Out Of Stock" or get lots of Returns and Refunds how severe are its consequences? Because I've heard other Amazon sellers saying that Amazon FBA is all about inventory game and if you're out of stock then you're on Suicide Mission! P.S. your content is so Addicting. I've lost count how many of your videos I love to Binge Watch.
@arunimasaha4171
@arunimasaha4171 Жыл бұрын
@@TravisMarziani not yet. It's been only a month or two since I've entered a corporate world. The stereotypical 9 to 5 job. However looking at your videos and other Amazon Sellers videos I've learnt several things. So I've decided to save up some money to join your program and to start Amazon FBA Business. Since I'm in India and with USD to INR transactions for me my expenses will become very high. So for now I'm saving some money to join your course and other stuffs
@0scarGuevara
@0scarGuevara Жыл бұрын
Can you guys share what graphic designer you use for your listing photos?
@0scarGuevara
@0scarGuevara Жыл бұрын
Hi Travis, what's the email that you send to your email list like? You have mentioned you send follow up emails to the Kickstart people letting them know you are launching a product, that is coming up in 10 days, 5 days and updates like that. What do you say in that email? Like how does the email look like?
@GrowYourReputation
@GrowYourReputation Жыл бұрын
I love your content, thank you so much. It is hugely valuable. Please do not take my other comment as a criticism, but rather as a distinction in language.
@diegocuadros9097
@diegocuadros9097 Жыл бұрын
hi Travis. quick q. does the supplier deliver the product to Amazon? or do we have to deliver it ourselves?
@myriamabdesslem2474
@myriamabdesslem2474 Жыл бұрын
Which sites he was using for promo codes sharing? Is it safe against TOS? I don't use it but if there is a safe way to make it I'm more than interested
@kota11334
@kota11334 Жыл бұрын
Hi. How old you have to be to open an Amazon Seller Account ? So if he did it in high school, he was under 18. Thanks.
@user-eu2so6rf7d
@user-eu2so6rf7d 8 ай бұрын
passion about fitness...well well well
@masonbee33
@masonbee33 8 ай бұрын
It’s insane how people in the comments complain about profit vs revenue lol. Just watch the video, take notes and learn from it. People take numbers way too serious. Great video, great info!
@jamesrobinson2175
@jamesrobinson2175 Жыл бұрын
Great video
@MuhammadFaizan-tq4oh
@MuhammadFaizan-tq4oh Жыл бұрын
Amazing😍
@JaylaEggert
@JaylaEggert Жыл бұрын
How much of the profit from the first production run actually went towards Michaels second production run?
@chris_Giehl
@chris_Giehl 8 ай бұрын
I´m selling on amazon for 4 years and sold my first brand after 18 month. I started out with 30k and was able to sell my company for 150k after 18 month which was quiet a success. I think the minimum amount you need is 5k. at least the way I appoached it. I also made a video about it, so people can learn from my experience :) thanks for sharing your journey.
@pg939
@pg939 Жыл бұрын
Hey Travis just wanted to get information on your course price wise?
@pierredvumali
@pierredvumali Жыл бұрын
What's the difference of what he did to the risk of wholesalers where the supplier sees what you're doing and the supplier ends up cutting you off?
@oliverdagarin5017
@oliverdagarin5017 Жыл бұрын
Hi Travis! I was wondering if u can make a video on how to make a fba account if u don't own a business (as individual). Thank you.
@notlaptopgreg6493
@notlaptopgreg6493 Жыл бұрын
while signing up pick "I'm an individual"👍
@duaaissa7869
@duaaissa7869 Жыл бұрын
Thank you for the video. I started selling on Amazon 3 months ago and my unit price is 16$, but my sales volume is not hight. 1 unit is sold daily as average, is that something normal? I am not making any money so far
@lenuxfrance4151
@lenuxfrance4151 Жыл бұрын
Hello, at the beginning of the video he started with a budget of a little less than 500 dollars, did he launch his product without brand in generic? and without UPC through the exemption? Did he use an individual or pro account at the beginning?
@MrJereJo-Gaming
@MrJereJo-Gaming Жыл бұрын
We all knew he wouldnt get back to you abt that info
@sammyali6za
@sammyali6za 11 ай бұрын
​@@MrJereJo-Gaminglol
@tma12360
@tma12360 Жыл бұрын
private labeling just isnt what it was when he first started. please share a method relevant to this market. RA, OA, wholesaling, 3pl
@automaton111
@automaton111 Жыл бұрын
A lot of missing details. How many different products? What products? Sounds all over the place. Boxing gloves doesn’t sound unique. Seems high competition. What kind of marketing to overcome that?
@princeduties2991
@princeduties2991 Жыл бұрын
I agree. Many missing information
@nicholasb6781
@nicholasb6781 Жыл бұрын
You forgot that you need to get ungated to sell the product in the first place.
@mrhussain386
@mrhussain386 Жыл бұрын
@@nicholasb6781 how do you get ungated?
@jayval8ty4
@jayval8ty4 Жыл бұрын
Definitely missing a lot of details. Price of AmazonSeller account Amazon fees returns private label info because private label is a beast by itself.
@partydmo
@partydmo Жыл бұрын
nobody’s gonna give you a solid hand out. you gotta figure that out yourself
@shoeking6642
@shoeking6642 Жыл бұрын
How much did they pay to have the logo printed onto the product??
@RetrosLofiMusic
@RetrosLofiMusic Жыл бұрын
The largest problem I have is applying for a business credit card, I have a mid credit score but 100% rejection rate, not fun
@quandingleberry445
@quandingleberry445 Жыл бұрын
there are certainly ways and information out there to improve the credit score.
@STERLINJUNIOR
@STERLINJUNIOR Жыл бұрын
What’s the maximum unit you can send to the Amazon warehouse ?
@MindMeetsMachine_
@MindMeetsMachine_ Жыл бұрын
I think its at least 1000+ on your first order. So shouldn't be an issue because it increases from there.
@najeemullahkhan2199
@najeemullahkhan2199 9 ай бұрын
Good sir
@lifeissnowpiece4505
@lifeissnowpiece4505 Жыл бұрын
Plz sir started amazon practically through laptop
@anareyvazov1148
@anareyvazov1148 Жыл бұрын
awesome video! question! When you ran out of your stock , didnt you get blacklisted to some extent ? or if its say 1 week or 2 weeks that you are out of stock , itsnot a big deal?
@anareyvazov1148
@anareyvazov1148 Жыл бұрын
Wtf is all these shit!
@Spartan5685
@Spartan5685 Жыл бұрын
Is it still worth to do Amazon FBA from wholesales in 2023? I am not looking for millions, just 100K in profit would suffice overtime. I know yr 1 would be tough but eventually can I get to 100K PRofits not revenues in a few yr?
@smok3y191
@smok3y191 Жыл бұрын
Do I need an llc and bank account for Amazon fba?
@ffgamers9186
@ffgamers9186 Жыл бұрын
In pakistan FBA amazon is possible without llc or not sir plz tell me
@boardgameguyboardgameguy9194
@boardgameguyboardgameguy9194 Жыл бұрын
Did he use China for manufacturing and what platforms did he use Pay per click ads? And you do not mention that you probably have to set up a limited company selling on Amazon es etc. for tax purposes
@collinreid5809
@collinreid5809 Жыл бұрын
Bro said he went to school from 7am to 10pm. That's not a school, that's a home, you live there.
@manzoorkhan6336
@manzoorkhan6336 Жыл бұрын
If it was a PL how he registered a trade mark for the specific product? Can we simply place a name on a product and sell it on amazon without registering?
@755hp
@755hp Жыл бұрын
There are people that can’t show $1,000,000 in sales on Shark Tank - how is this dude really pulling this off?
@Angelaqastro23
@Angelaqastro23 Жыл бұрын
Hi Trevis. Are you his mentor/a mentor? Why He made a mistake if you was his mentor?
@romang4279
@romang4279 Жыл бұрын
I just checked the amazon page for his brand - 2-3 reviews for every product. LOL. Iranian Hulk in business.
@Korn1holio
@Korn1holio 11 ай бұрын
So his whole story was fabricated? Lol
@cathychats
@cathychats Жыл бұрын
No marketing?
@xizh1750
@xizh1750 Жыл бұрын
How did he manage to sell from another account when Amazon suspended his main account for 3 months? As far as I know it's not allowed to have 2 seller accounts on Amazon
@qurat-ul-ainkahloon7296
@qurat-ul-ainkahloon7296 Жыл бұрын
It's against Amazon's policy to have multiple seller accounts, but some sellers may attempt to create new accounts or use a different name or identity to circumvent a suspension. This is considered a violation of Amazon's policies and can result in further disciplinary action, including permanent account deactivation.
@ajt6207
@ajt6207 Жыл бұрын
W
@rajestate4364
@rajestate4364 9 ай бұрын
Is their any scope in edible oil?? I can really provide it at very cheap price from India !!
@99Guns
@99Guns 5 ай бұрын
What type of oil?
@alanpina354
@alanpina354 Жыл бұрын
Kind of doesn’t feel real for some reason
@jonsmith568
@jonsmith568 Жыл бұрын
lol 2nd video i seen from this channel with the 99% off coupon disaster amazon should create a warning when someone tries to make these 99% off coupons/promos
@LiQitskateboards
@LiQitskateboards Жыл бұрын
Can you help I have my own brand
@robertbrazas9287
@robertbrazas9287 Жыл бұрын
Stop
@GamingGoose
@GamingGoose 2 ай бұрын
Theres a reason everyone sells 'magic courses' rather than actually doing fba
@TravisMarziani
@TravisMarziani 2 ай бұрын
There's no magic here, it's not even a get-rich-quick-scheme
@mae88b.16
@mae88b.16 Жыл бұрын
i noticed that when a seller close to making millions on amazon, there's always a problem comes up and amazon wont think twice of removing them. i think selling on amazon is only temporary, you cant get super rich because they wont allow you.
@sshah3324
@sshah3324 11 ай бұрын
Have you got any proof to say this I think Amazon value the best seller and increase there space for Amazon fulfilment centre but if someone did something illegal they might be paying price for it plz correct me if I am wrong
@kevinsuriel8935
@kevinsuriel8935 Жыл бұрын
So from 20mil he lost 1mil that only 5% I would say thats fucking great if I had 100 and lost $5 to become rich I would be glazed in happiness
@DK5TY
@DK5TY 11 ай бұрын
Depends on his margins his revenue is great but say he only makes 10-15 % after fees and buying and shipping to amazon it works out to 2-3mil in profit. Now subtract the loss of a million he could of made about 1 to 2 million in profit there could be other charges like employees, other miscellaneous expenses and taxes. Even with the margin I said it's good profit he could of had a better margin or even worst as long as he able to have a good life and is having fun selling it's worth it. The video is clickbait with 20 million number but lots of information also.
@JVung
@JVung Жыл бұрын
1 for $30.00 but how do you get 100 units for on$300.00 🤔
@99Guns
@99Guns 5 ай бұрын
Samples are shipped with Express shipping and they normally charge you a little under retail price.
@abhilashachar1278
@abhilashachar1278 Жыл бұрын
Cap 🧢 he sells caps
@jacobnero7915
@jacobnero7915 2 ай бұрын
$400k from gloves?????????
@basilmatti5527
@basilmatti5527 Жыл бұрын
👍♥️👍
@innerwarrior7190
@innerwarrior7190 Жыл бұрын
Much more difficult nowadays
@doronuzan
@doronuzan Жыл бұрын
epic
@prettyboysaucin3798
@prettyboysaucin3798 Жыл бұрын
April fools
@kevinsuriel8935
@kevinsuriel8935 Жыл бұрын
Sounds like someone paid to get ranked lmfao
@stef-ruvx
@stef-ruvx Жыл бұрын
Stop 🛑 lies
@GamingGoose
@GamingGoose 2 ай бұрын
Theres NO WAY this guys amazon fees are 20k from 300k of sales thats absolute horse 💩 i sold £219 worth of stuff and received fees of over £180. My profit was just over £35 and thats before i even purchased the goods.
@TravisMarziani
@TravisMarziani 2 ай бұрын
Sorry to hear that but doesn't mean that others making this amount is impossible. Anyway, it's still up to you if you believe it or not
@GamingGoose
@GamingGoose 2 ай бұрын
@@TravisMarziani I agree but it's still not a good business model when that money could be put into your own business getting your own repeat customer base
@Muriel18
@Muriel18 8 ай бұрын
TRAVIS WHERE IS YOUR AMAZON STORE AND THE PRODUCTS YOU SELLS. I SEARCH YOUR STORE ON AMAZON NOTHING APPEAR. I HOPE YOU AREN'T A GURU. JUST GIVING COURSE ABOUT SELLING ON AMAZON
@ovezorazberdi3784
@ovezorazberdi3784 Жыл бұрын
Don't the f''' lie!!!!
@princeduties2991
@princeduties2991 Жыл бұрын
Hes lying
@Pgh2Dall
@Pgh2Dall Жыл бұрын
If he was under 18 how did he have an account? He lied to amazon?
@Pgh2Dall
@Pgh2Dall Жыл бұрын
@@TravisMarziani then if he was under 18. How did he create a seller account? Little more information would be nice. Not some vague answer like you have stated on other comments. I’m generally curious.
@michaellebhar1158
@michaellebhar1158 Жыл бұрын
@@Pgh2Dall Hey its Michael, I had my dad open the account for me under his name
@Pgh2Dall
@Pgh2Dall Жыл бұрын
@@michaellebhar1158 so then you deceived and lied to Amazon, lol. I respect the hustle and all but that’s really not cool do to.
@sonalikara530
@sonalikara530 11 ай бұрын
does DBA and Brand name need to be same? or can a Brand name be different to a DBA?@TravisMarziani
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