Great video. I finally got to this point, got my samples from three different providers, checked the quality, agreed on the MOQ, I'm just waiting to make my first big purchase and send it to Amazon. First God, I'll be successful! GREAT EPISODE!
@junglescout3 жыл бұрын
That's really exciting news! 🙌 We're 💯 rooting for your success! -RS
@williamlopez84043 жыл бұрын
@@junglescout I would like to download the order agreement template but it says I need access, can I get some help to please?
@junglescout3 жыл бұрын
Would you mind sending us an email to support@junglescout.com? We're happy to send you a copy of it!😉 - FO
@williamlopez84043 жыл бұрын
@@junglescout I just did a few seconds ago, thank you so much!
@junglescout3 жыл бұрын
That's fantastic! Check out your inbox for sure our awesome CS team has sent a reply! 😉 -RS
@leocharbonneau36602 жыл бұрын
I have been enjoying the content of these videos and appreciate seeing the "failures" as well as it gives a real life representation to what most of us will go through before succeeding. It helps to re-motivate and come up with solutions rather than becoming depressed that it didn't work and end up quitting. I'm really looking forward to the rest of this case study! Side note - As a car enthusiast, I love the choice of the 22B vs the TME Evo when discussing healthy competition and speed. That was a pleasant surprise!
@junglescout2 жыл бұрын
We're so glad you enjoyed it! And wow! didn't know we have a car enthusiast! 😉-RS
@Majdi_is_here2 жыл бұрын
Great series and well explained Lenny, just one thing, the moment i try to download the FBA Profit Calculator and the Purchase Order Agreement Template from the link provided it keep asking for permission which i sent already many times and nothing happened, i am a member in jungle scout and i have the yearly subscription if that matter to get the permission. keep up the good work and thank you again.
@junglescout2 жыл бұрын
Thank you for your feedback! 😊 You can send an email to support@junglescout.com so we can send you the copy. Thanks! :) ^EG
@valeriebarker86623 жыл бұрын
Greetings Jungle Scout: Thank you for the GREAT lessons. I am wanting to sell my Protective Face Mask on Amazon (Design is USPTO Provisional Patent protected). Although it may seem that it is slightly late to be going to market, research shows that it is not too late. The manufacturer I chose turned out not to be a good fit for my brand which threw me back a few steps. However, I look forward to possibly being a "Million Dollar Case Study" Success. I say that because, what I have learned from your videos is enlightening, uplifting (for me) informatively and motivational. You brought me out of my deepening depressive state of mind slump. Thank you for that. I look forward to happier times and successfully going to market. Thank you again. V.B.
@junglescout3 жыл бұрын
Wow! It means the world to us to be appreciated for what we do! Thank YOU! We know the road may not always be smooth, but it will be worth the ride! Good luck, and we wish for your success in #AmazonSelling! 😍😉 - FO
@HabibullahHabibullah-y6h Жыл бұрын
😀after watching this video i noticed that Lenny you too are very detailed person and not letting anything untouched which is really great if you are laying a strong foundation of your business.😂😂
@junglescout Жыл бұрын
Thanks so much for the feedback; we like to ensure we touch base on everything in our videos & Lenny is exceptional at it 😊
@SamiSphere03 жыл бұрын
Thanks for the case study, enjoying it so far. My biggest question is, how did you guys differentiate this product besides making it a 3-pack? I remember in a previous video that you had an idea for how to differentiate it given its a highly competitive niche, but I haven't seen much differentiation so far and you've already ordered the product
@junglescout3 жыл бұрын
Do you wish to create a variation for your product? If so, we've written a great blog just about that. 😉 Check it out here: bit.ly/3fjWT2z 🧡 -RS
@Majdi_is_here2 жыл бұрын
@@junglescout thank you for replying, email sent!
@bene88597 Жыл бұрын
'They didnt besides the Quality better Pictures and massive KZbin channel I would say that helps too
@vy2973 жыл бұрын
Lenny you are awesome! Learned so much from this video Thank you!
@junglescout3 жыл бұрын
It's great to hear that you find this helpful! 🥰 I agree, Lenny is indeed the 💣 - FO
@ziyanbudhwani118 Жыл бұрын
Hey, thank you for the informative case study. I have a question: In your total cost per unit, do you not consider the import duty? Or is it included in the shipping cost?
@junglescout Жыл бұрын
I suggest considering it in the calculation when you upload the shipping cost per unit
@joshwilliams81852 жыл бұрын
One thing I don't quite understand: Your profitability calculator talks in terms of "single unit", but you are selling three to a pack. If your single unit Landed cost is $9.25 and you are selling a 3 pack for 29.99, the landed actual cost is $9.25 x 3 = $27.75 for one pack, which leaves $2.24 profit (not counting any FBA Fees). Or maybe I missed that one "unit" is 3 pads, and you had the supplier package them this way? (3 to a pack)
@junglescout2 жыл бұрын
That is correct! A single unit is considered a pack 😊
@antrikshdagar17032 жыл бұрын
Hey thanks again you have a really a very great knowledge about all these stuff..but whenever i see your videos i feel super motivated and understand everything but i feel that there is still something i dont know..is it natural or its just me?
@junglescout2 жыл бұрын
There are a lot of things that are quite confusing at the beginning, but no worries! You will learn everything that you need when you keep on grinding 😊^PW
@antrikshdagar17032 жыл бұрын
@@junglescout thank you so much
@junglescout2 жыл бұрын
You're more than welcome 🧡 - LJ
@johngray58393 жыл бұрын
@Jungle Scout Thank you for the reply, 15 of the FBA sellers (Movers & Shakers in Pet Supplies Top 50) , 7 of the 15 live in China, this can be verified by reviewing who the product is sold by. So there sourcing and selling from China. The other 8 of the 15 FBA sellers most likely source from China but live outside of China. Plus reviewing Top sellers and then reviewing sub-categories and 90-95% of the time Amazon will always be #1 or #2. How does a new FBA seller compete, do we have to pick products that are not touched by Amazon or top brands and have razor thin margins.
@junglescout3 жыл бұрын
Well, it's all about finding a niche that is not too competitive. They do exist, trust us 😊 But it might take a bit more time to find one! ^PW
@rockafella26643 жыл бұрын
Excited for the next episode! Great work guys! :)
@junglescout3 жыл бұрын
Thank you so much! Stay tuned to see what happens next
@duskcolours95182 жыл бұрын
hey lenny i was just wondering about som things: 1) Was the package design and the logo design of the product included in the total amount that you paid? 1b) Was the airfreight price included in the final cost? 2) Is the complete sample ( final product design, package design) available for air freight 3) are there any problems if i dont open a US Bank Account if i am not a US Citizen and stay with the bank account that i already have? 4) would you run a promotional giveaway and a ppc campaign in the same time?
@junglescout2 жыл бұрын
1) Yes, it was! 1b) Correct! You always need to include the shipping costs :) 2) This would depend on how you agree on that with your supplier. 3) As long as your currency is supported, you shouldn't need to have opened a US bank account. Though, it would be best to check it with Amazon Support! 4) Yes, as long as you can afford it, that's not a problem at all ^PW Best of luck!
@missjen36643 жыл бұрын
You guys do such a great job explaining everything and I have been enjoying your videos. I have a questions in regards to calculating your profits in this video. In your calculation example, your selling prices is based selling a 3 pack, but you are doing calculations of the landed cost based only on 1 unit, is that correct? If so, would your profit margins not be off?
@junglescout3 жыл бұрын
The landed cost is calculated based on 'per item' which is a 3 pack, not 1 unit 😊^PW
@AndyMorrisArt2 жыл бұрын
Great Video! Can you tell me what's the reason for not using PayPal for bigger purchases? Their processing fees are not larger than other services are they? I've been using PayPal for over 20 yrs. now w/o any problems and have a decent amount of credit established with them.
@junglescout2 жыл бұрын
Most suppliers actually don't take Paypal as a payment option. But if your supplier is okay with Paypal, I don't see any reason why not to go for it. 😉-Rs
@NicksStuff3 жыл бұрын
30:45 You should separate FBA fees and referral fees on two different lines, the referral fees being calculated by a formula
@junglescout3 жыл бұрын
Why not combined these both together? 😉^PW
@NicksStuff3 жыл бұрын
@@junglescout Because you will be able to change the price (just like your example) and have fees updated (contrary to your example). The FBA fees are fixed and depend on the product weight & dimensions, the referral are a cut of the price (often 15%)
@junglescout3 жыл бұрын
I hear what you mean, but in this case, where we only have one product and price, then there's no need to break those into two different lines, right? 😄
@NicksStuff3 жыл бұрын
@@junglescout Have you watched the video? I posted this comment specifically because he wants to see his profitability at another price point on the same product
@junglescout3 жыл бұрын
Ah, sorry about that! And that's a good advice. We will definitely share it with Lenny 😊 ^PW
@uroosashah40773 жыл бұрын
Great video! Curious, at 11:40, when doing the price per mat, wasn’t the $38.99 supposed to be divided by 4 instead of 2?
@junglescout3 жыл бұрын
Good catch! Yes, it should have been divided by 4 ^PW
@pashtun.noorzai3 жыл бұрын
Great video.
@stevenhansen521 Жыл бұрын
Hi! Any templates for RFQ and the final letter for them to start manufacturing your item?
@junglescout Жыл бұрын
Hmmm... We currently don't have that handy, but I'll forward this to our Content Team. In the meantime, I've done a quick google search and found good templates you can use. 😉
@sashah61632 жыл бұрын
Thanks you guys for such a great case study, I am learning a lot from this. Just wondering if this is a good idea or not to order my product at my home address and then I send it to amazon, because I want to see it 1st🙈.Would it increase the price too much ?Would really appreciate your suggestion. Thank you
@junglescout2 жыл бұрын
This is not a bad idea but this will, most likely, increase the total costs
@abidadar22173 жыл бұрын
You guys were publishing an episode every week. What happened to episode 7 and 8. There were no episodes last couple of weeks?
@junglescout3 жыл бұрын
We had a little break over the holidays, Abid! 😃 We'll be back with a new Episode of the MDCS very soon! - LJ
@NicksStuff3 жыл бұрын
17:50 We should be able to change the weight and dimension if our product is gonna be smaller/bigger
@junglescout3 жыл бұрын
That's a great feature request - Thanks for sharing, Nick 😃 - LJ
@siratummustakim91463 жыл бұрын
Awesome lenny☘️
@junglescout3 жыл бұрын
I totally agree with you! 💯We also thought Lenny did a fantastic job here! 🧡 - RS
@yojumba3 жыл бұрын
What do you do if the supplier does not follow purchase order agreement? Take it to court? I wondrr what power the Amazon store owner has in this situation? Btw, love the series! Can't wait for next ep and EU edition
@junglescout3 жыл бұрын
Have you paid the supplier already? Did you do that via Alibaba or a different platform? 🤔^PW
@yojumba3 жыл бұрын
@@junglescout I have not paid anyone anything. I have never done amazon FBA. I just wonder what would happen if the supplier does not follow purchase order agreement?
@junglescout3 жыл бұрын
Then you would need to get your money back with the trade assurance from Alibaba and move on 😊^PW
@jake131223 жыл бұрын
I noticed in the profit calculator you left domestic shipping blank. Won't this make a big difference in ROI?
@junglescout3 жыл бұрын
In this case, no, as this depends on how you handle your product shipment 😉^PW
@meenakshi.singh2510 ай бұрын
I can't access the purchase order template. I am a subscriber. Have sent a request as well. Thanks!
@junglescout10 ай бұрын
Are you not able to open the file or edit it? If you want to edit the file, then you can make a copy of it
@marianospennisi3 жыл бұрын
Lenny thanks very much for this information. I´ve a question. Do you send the contracto when you alrady has an agreetment? when do you show the contracto to the supplier?
@junglescout3 жыл бұрын
Are you pertaining to a Quality Inspector? 🤔-RS
@marianospennisi3 жыл бұрын
@@junglescout No, I simply ask when you send or show this contract to the supplier. But as an individual worshiper
@junglescout3 жыл бұрын
If you referring to the Purchase Order Agreement template on the video, you can show this to your supplier and ask them to sign it before making the initial order. 😃 - FO
@marianospennisi3 жыл бұрын
@@junglescout Thats exactly what i wanted to know. thank you very much.
@junglescout3 жыл бұрын
You're more than welcome, Mariano! 🧡 -RS
@sl52173 жыл бұрын
Hello, do you have any videos on the wholesale process of amazon FBA? Thanks for all this info tho man !
@junglescout3 жыл бұрын
Sure thing! You can find it here: bit.ly/2WWMCRi 😄 ^PW
@iamirina86943 жыл бұрын
Thank you a lot for your work :) It is a great help! I have a question, do i have to take into calculations the possible returns?
@NicksStuff3 жыл бұрын
They should be below 5% and shouldn't impact massively your profitability but it's smart to at least give them some thought: choose products with low return risk and make sure the instructions are very clear if it's complex to use
@junglescout3 жыл бұрын
You can of course take it into consideration in your calculations! 😊^PW
@junglescout3 жыл бұрын
Thanks for sharing your feedback Nick! 🙌 ^PW
@iamirina86943 жыл бұрын
@@junglescout @Nick'sStuff thank you both for taking the time to reply! much appreciated :)
@richardsuero16842 жыл бұрын
Dear friends, how can i get the FBA Profit Calculator template? When i clic on the link, it says access denied.
@junglescout2 жыл бұрын
Oh no! Reach out to our support team and we can help! support@junglescout.com
@waqarahmedshamsi80093 жыл бұрын
Simply great!!!
@junglescout3 жыл бұрын
Glad to hear you like it! 🔥We recommend checking the previous Million Dollar Case Study seasons as well! 😄^PW
@ultimatecouponlady2 жыл бұрын
Do you have the link to the fb group?
@junglescout2 жыл бұрын
So we do have a Facebook group exclusive for Jungle Scout members! If you are a Jungle Scout member, you can join through this link facebook.com/groups/673668379421814
@naveedzahir35302 жыл бұрын
Might be hard for international sellers to actually get the supplier physically to sign the document
@junglescout2 жыл бұрын
Have you ever used the e-signatures you can send via email? - LJ
@phpbasi3 жыл бұрын
@23:30 you told us that "if you don't have jungle scout you could use ASIN number in seller central" and than you go back to jungle scout to copy paste ASIN hahaha jokes asides you are doing a great job I've learned a lot!
@junglescout3 жыл бұрын
Great to hear you enjoy the content! 😄 Do you sell on Amazon or thinking about starting? ^PW
@miguelmarca79382 жыл бұрын
I am going through the video again, and I've notice something, I have sent a request before to be able to download the FBA Profit Calculator file but I have not received any feedback yet, are we still able to download it?
@junglescout2 жыл бұрын
I believe that there was an issue before but it's now fixed. Send us an email again to support@junglescout.com so we can send you the file. 😉 -RS
@miguelmarca79382 жыл бұрын
@@junglescout great! will do that now, appreciate it!
@junglescout2 жыл бұрын
Sent you the file as well. 😉 -RS
@ilyabatychenko6783 Жыл бұрын
How do you get a sales tax exemption when placing an order on Alibaba?
@junglescout Жыл бұрын
I don't believe you can get this unless you have an LLC or business prior. You may want to check with the supplier directly about what options they have!
@johngray58393 жыл бұрын
Thank you for the excellent video, JS I have a quick question: its wonderful listening to all the great success stories, I'm a little concern after doing some research on Amazon's website and reviewing the products that appear on page one for different categories, it appears most of the product sellers are from China, rarely I'll notice a US or other countries name listed as the sellers company address. How can new sellers compete against China or Amazon? Example: reviewing Movers & Shakers in Pet Supplies Top 50 (count: FBA 15 (from the 15, 7 are from China) Brand name: 6, AMZ and AMZ Warehouse 29
@junglescout3 жыл бұрын
Please keep in mind that most of those sellers source from China, but they are not always Chinese Sellers/suppliers 😊Hope this puts your mind at ease! ^PW
@fatelvisgoodsllc88023 жыл бұрын
Nice Job
@junglescout3 жыл бұрын
I'm glad you loved it as much as we did! 😍 -RS
@gprasad6303 жыл бұрын
Hi great content thank you very much, But I have a small doubt if we send products directly from Supplier to Amazon Fba, we have to include labels.how we can include that label's to suppliers and ask them to attach.is there any video for that
@junglescout3 жыл бұрын
You can send the labels via email to your supplier and ask them to print/stick them on the packaging of your product 😊^PW
@marnie.87368 ай бұрын
hi can i still access the purchase order template?
@junglescout8 ай бұрын
Hey! Please send us an email to support@junglescout.com, and we'd be happy to share that with you!
@MuhammadAkram-tk1ri3 жыл бұрын
Hi, I am from Ottawa, Canada. I am going to register my corporation today and i have question about opening a cross border banking account. BMO Harris is taking about 10 weeks time. Any suggestions for a quicker and better option? Should i just open CAD business account or should i use other services like Payneer/Tranferwise? and get funds trf to my CAD when needed? Would suppliers take payment from those two? Thanks
@junglescout3 жыл бұрын
Just to confirm, do you plan to sell on Amazon US and Canada, or you want to expend into EU and other marketplaces? ^PW
@faisalkhan-ph2ffiiiiii2 ай бұрын
should we pay some %tax par unit sale ????
@junglescout2 ай бұрын
The marketplace will charge the tax automatically on each sale
@katrinamatel34202 жыл бұрын
Hey, I can't get a permission to my mail to Download the "Purchase Order Agreement Template". Can I get it? Thanks
@junglescout2 жыл бұрын
Hey send us an email and we can send it to you! support@junglescout.com
@katrinamatel34202 жыл бұрын
@@junglescout thanks, I did
@happymothers3433 жыл бұрын
Hello sir were leaving outside chaina how can we sign agreement with suppliers plz explain
@junglescout3 жыл бұрын
We have a great template you can use to send to Suppliers! 😍 Shoot us an email at support@junglescout.com and we can get that sent out to you! - LJ
@shop24183 жыл бұрын
The million dollar case study EU,is there no continuation It a month now
@junglescout3 жыл бұрын
The installment for the MDCS EU edition will probably be next year!😉 Watch out for updates!🤩 Happy Holidays!🎄-RS
@alianwarulhaq3 жыл бұрын
Why you have not taken account of trade assurance fee or other bank charges on payment?
@junglescout3 жыл бұрын
That's because the transaction fees varies for each bank 😉^PW
@elioalvarado70553 жыл бұрын
I'm from Mexico and I'm planning to launch my first product in the Mexican Marketplace. My bank account is in Mexican Pesos but my bank lets me do International wire transfers in dollars. Can I use this service safely to pay suppliers or is it mandatory to have a Payoneer/TransferWise account in dollars for this purpose?
@NicksStuff3 жыл бұрын
It's safe but your bank might charge you higher fees than dedicated services, check with them beforehand ;-)
@junglescout3 жыл бұрын
It's definitely better to go with your bank or Alibaba's trade assurance 😊 That way, your transaction will be safe! ^PW
@junglescout3 жыл бұрын
Thanks for stepping in to help, Nick! ^PW
@SamadOG3 ай бұрын
Hi JS Team, Please grant me access to Agreement Template and JS FBA profit calculator.
@junglescout3 ай бұрын
Send us an email at support@junglescout.com, and we can send you the FBA profit calculator!
@SamadOG3 ай бұрын
@@junglescout Thanks JS team.
@NicksStuff3 жыл бұрын
Why choose a product rather than sell all of them?
@junglescout3 жыл бұрын
As a beginner, we recommend sticking to one product so you gain experience but if you are comfortable launching multiple products at one time, go for it! It just may be easier to stick to one and then plan for the second launch right after. :)
@NicksStuff3 жыл бұрын
@@junglescout I was thinking about you 😬 Launching 2/3 products at once would make for an entertaining MDCS
@junglescout3 жыл бұрын
Great suggestion, Nick! 😃 We use the Million Dollar Case Study to educate people on how to sell on Amazon and we'd hate to overwhelm any beginners. I'll certainly pass this over to the content team; it would make for an interesting series 🤔 - LJ
@fb24143 жыл бұрын
hey, I recently bought jungle scout and they have charged me for a one month plan but when I try to log in it says access denied I do not know what to do as when I send a forgot password email it does not work and there isn't any way to contact jungle scout directly can anyone help?
@junglescout3 жыл бұрын
Please send us your email address in DM via Facebook and our support team will be more than happy to assist with that 😊^PW
@bene88597 Жыл бұрын
At 20:19 the ROI should be somthing 38%? Am I wrong?
@junglescout Жыл бұрын
The recommended ROI is 100% or more. 😉
@bene88597 Жыл бұрын
@@junglescout ah yeah I know but it looks like 38% in your case?
@junglescout Жыл бұрын
Do you mean from Lenny's product example? If so, the ROI is 90%. 😉
@bene88597 Жыл бұрын
@@junglescout hmmm really
@bene88597 Жыл бұрын
@@junglescout coudl you give me a download link to the Fees calculator? Ando Roi? thx
@JinkProject3 жыл бұрын
if you guys are terrified about dropping thousands of dollars and potentially never recouping it, you haven't daytraded before lol
@junglescout3 жыл бұрын
Are you an #AmazonSeller yourself? 🤗- LJ
@JinkProject3 жыл бұрын
@@junglescout yes i am. i bought Jungle Scout and i've been going through pretty bad analysis paralysis for the past 3 months. it's hard to convince myself to start this because the market seems so flooded. i need to snap out of that mindset though. your videos are giving me the motivation i need to keep going though. thank you so much for this.
@junglescout3 жыл бұрын
We're super glad to be part of your journey! 🥰 Stay focus and eyes on the goal! We're rooting for ya! 😀🙌- FO
@whocares79123 жыл бұрын
And people, pleeaseee.....don't jump on this product. The profits are going to charity and there's more than enough different things to flog online.
@junglescout3 жыл бұрын
So far, we've been seeing more positive reactions so thank you for your support! Are you an #AmazonSeller yourself?😀 - FO
@whocares79123 жыл бұрын
@@junglescout JS what does FO mean please? No. I've got the extension though and have just registered my TM and website here in the UK. :) FO = eff off lol.
@junglescout3 жыл бұрын
These are initials of the people who are replying to your comments 😀Mine are - PW 😊
@NicksStuff3 жыл бұрын
The episode being called "product selection", why do you cover only one product? Shouldn't you do the math for 3/4 products and choose the most profitable one?
@junglescout3 жыл бұрын
Please note that this is the "final" product selection 😊 You can see our full product research in the previous episodes! ^PW
@mohammedshabbirahmed43913 жыл бұрын
The generic voice, generic graphics... Why? Does it help with the channel promotion?
@junglescout3 жыл бұрын
Do you have any suggestion on how we can improve that? 🤔 -RS
@mohammedshabbirahmed43913 жыл бұрын
@@junglescout I can only offer my feedback, that the tone of the presenter causes me to switch off. It doesn't feel genuine, like someone reading from a script like some of those awful online marketing courses. As for the reaction style video inserts, they are so"stock" , not even funny. Everyone wearing orange feels like an Amazon sponsored video :(
@junglescout3 жыл бұрын
No need to be sad, we really appreciate it! 😉 Your feedback really helps us to improve! 🤗 I'll submit your feedback to our Content Team for them to address it in our next videos. 🧡 -RS
@knuttlaarsen72183 жыл бұрын
Don't know how I bumped onto this. All in all GREAT video ❤️. I also have been watching those rather similar from mStarTutorials and kinda wonder how you guys make these stuff. MStar Tutorials also had amazing info about similiar things on his vids.
@junglescout3 жыл бұрын
We have an in-house video team that make all of our tutorials! Check out our KZbin channel for more 🤩- LJ
@nn-uj1iv2 жыл бұрын
What a joke 5% TACOS! 15% more like.
@junglescout2 жыл бұрын
Hi there! Are you referring to the product cost here? 🤔
@nn-uj1iv2 жыл бұрын
@@junglescout no that you can run PPC at 5% TACOS.
@junglescout2 жыл бұрын
I see. That's fair! Although, you can achieve better ACOS after fine-tuning your campaign. :) You can see our guide about this here: www.junglescout.com/blog/amazon-ppc-best-practices/