I Tried Amazon FBA for 6 Months - The Honest Results

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Travis Marziani

Travis Marziani

Күн бұрын

WARNING: This is an HONEST Look at Amazon FBA where Troy shares all his revenue/ profit amazon fees, mistakes, and the TRUTH ABOUT AMAZON FBA!
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Пікірлер: 1 000
@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.
@dondorondoanvil4362
@dondorondoanvil4362 3 ай бұрын
Wasn't it free?
@Yessirdo
@Yessirdo 3 жыл бұрын
I started 8 months ago and doing really good I quit my 9-5 and continue to grow my business
@Yessirdo
@Yessirdo 3 жыл бұрын
Travis Marziani I’m selling used books
@kawaiy4616
@kawaiy4616 3 жыл бұрын
@@Yessirdo Might I ask if you are doing FBA on used book and wholesale , or FBM? Thanks
@Yessirdo
@Yessirdo 3 жыл бұрын
Kawai Y I only do fba
@Yessirdo
@Yessirdo 3 жыл бұрын
Kawai Y always list as used and for shipping I’m paying on average $0.70 per book shipped in 50lb boxes to amazon
@kawaiy4616
@kawaiy4616 3 жыл бұрын
@@Yessirdo sounds reasonable. Do you also have new upc code or gs1 code for each used book? Sorry I'm quite new to this. Appreciate your time explaining.
@moviepoint1973
@moviepoint1973 3 жыл бұрын
3:21 the first mistake was that you shipped each sample individually which cost you around as you say 150$. Prevention: whenever you are ordering a lot of samples from different suppliers always and i repeat always hire a consolidation company and send their address which they will provide you to the suppliers. Then the company will place all your samples in one box and then ship that to you which will save you alot of money.
@moviepoint1973
@moviepoint1973 3 жыл бұрын
@@TravisMarziani no i one day i hope so but for now i am a VA for Amazon
@trayanhristov
@trayanhristov 3 жыл бұрын
Sorry for the misunderstanding, when I type consolidation companies near me, it typically refers to debt collectors. Do you mean the same shipping company?
@moviepoint1973
@moviepoint1973 3 жыл бұрын
@@trayanhristov hey where are you sourcing from?
@BEASTNYC
@BEASTNYC 3 жыл бұрын
I don’t get it. Why supplier cannot ship it in the same box to you but rather to consolidate company?
@moviepoint1973
@moviepoint1973 3 жыл бұрын
@@BEASTNYCwhen we are sourcing a product from lets say Ali Baba all the manufacturers are from China and we ask almost 5 to 6 manufacturers for their sample of the product so we can test and decide which one is the perfect. So if we ask each of the manufacturers individually to send the sample to us it typically cost not so much but when 5 to 6 samples combined and sent individually it sums up to more money whereas if we consult a consolidation company it collect all these samples put then in one box and ships that box to us which costs less money cuz they have to pay the fees only one time instead of paying the fee for shipping for every single sample. I hope this clears your doubt. If you have any other queries about any Amazon related stuff feel free to ask.
@coreyseale5476
@coreyseale5476 3 жыл бұрын
What a fantastic, honest video. Troy, thank you for being vulnerable and sharing all of the numbers and learnings you had. Travis, thank you very much!
@johnnyarcher1
@johnnyarcher1 3 жыл бұрын
Literally one of the best A-Z tutorials on e-commerce that I've seen so far. Love the simple, but comprehensive format. Thanks!
@dimanazarenko7090
@dimanazarenko7090 3 жыл бұрын
One of the best genuine videos I've seen on youtube with real lift example!
@dclandram
@dclandram 2 жыл бұрын
I'm glad I found this video. I've been selling FBM retail arbitrage for a year now. I've been told religiously to stay away from FBA, but I'm researching it now. I realize now that I research my inventory much more than the people telling me to stay away from FBA. All my products typically sell within 2 months of listing whereas the family members advising me against it have had certain products on their shelves for over 3 years. I immediately steered away from branding my own product because of the really high startup costs of my passion products. I'm about to take my business in another direction.
@latbeast
@latbeast 7 ай бұрын
Wait till amazon screw you for all you have lol!!
@thatguymax
@thatguymax 3 жыл бұрын
I really liked this video because it is a refreshing, transparent look at ecommerce that a lot of youtubers gloss over to show the get rich quick schemes instead. Learning that the long haul is a business like any other and requires the same investment of effort is a great wake up call!
@thatguymax
@thatguymax 3 жыл бұрын
@@TravisMarziani I'm a student researching potential online business ideas for my class project, I haven't done anything yet lol!
@LukeLindsay
@LukeLindsay 3 жыл бұрын
This was helpful! I registered a business and signed up for Amazon FBA a week ago I was planning on just finding wholesale products that already exist and have a name/ratings but you have me curious about branding my own products now. What’s great is by the 6th month he’s doing great with just 1 product and at that point he knows what to expect and has a feel for it and would be a lot easier to add new products
@chrisk19791
@chrisk19791 Жыл бұрын
@@TravisMarziani Isn't what he did called private labeling?
@cartermason2704
@cartermason2704 Жыл бұрын
Watch the full tutorial by Dan Vas, it really helped me
@athenaathena675
@athenaathena675 Жыл бұрын
@@TravisMarziani yes they do still work.
@selenefroehlich9138
@selenefroehlich9138 3 жыл бұрын
thank you so much for showing us a real normal case, I am so tired of seeing people making 10,000 a month, with 25% profit, like magic lol that discourages me so much, but then I see people that are also learning like me but staying positive and perseverant. Thanks so much!
@xiao_li_talk
@xiao_li_talk 3 жыл бұрын
I am new to eCommerce, and I'm in my preparation stage, glad I found out about your channel, I will come back and comment on your video when my eCommerce career is successed! Your video solved all of my questions and the issues that I am facing right now, Thank you, Travis!
@ok3zie754
@ok3zie754 2 жыл бұрын
hows it going bro? hope all is well in your journey
@whoisharo4689
@whoisharo4689 2 жыл бұрын
What is your product? Good luck!
@billionaraf.c1977
@billionaraf.c1977 Ай бұрын
Have you solved, i am starting if possible can you help me ?
@selenefroehlich9138
@selenefroehlich9138 3 жыл бұрын
Thank you so much for these words, I really needed them : "The people that win,.. They're the people that are in it for the long run".. Yes, I was about to just quit, I am in my second month with FBA paying PPC, I'm still breaking even, kinda discouraged, finding new ideas to improve.
@selenefroehlich9138
@selenefroehlich9138 3 жыл бұрын
@@TravisMarziani Thanks Travis, I'll check it out
@ironhorsegladiator5034
@ironhorsegladiator5034 2 жыл бұрын
The business model here is for Amazon to profit and not you, just look at how Amazon treats and pays its employees, you can't expect Amazon to treat the "entrepreneurs" getting on their bandwagon.
@Caliprospecting
@Caliprospecting 2 жыл бұрын
Stick with wholesale instead of private label. Less headaches
@KTMrippa
@KTMrippa 2 жыл бұрын
@@ironhorsegladiator5034 Amazon pays its employees more than any other comparable warehouse company, with top of the line benefits, and better treatment than I’ve seen at any of the 6 previous industries I’ve worked in. The 2% of the population that complain don’t speak for the other 98%.
@bobfergisson847
@bobfergisson847 9 ай бұрын
Troy, congrats with your first product, and thanks for sharing your story. That 1.6k mistake was painful, but good you was able to recover and keep going!
@kea5763
@kea5763 Жыл бұрын
I think there are category specific online forums Troy could've joined to ask questions when he first started out but there needs to be a big, engaged, active number of participants on said forum for good resulting answers to his questions. Otherwise, he could've hired a consultant I suppose. Seems he's a go getter and it worked out and is still working out which is encouraging for all of us newbies... Yay! ;)
@mattwalker3672
@mattwalker3672 2 жыл бұрын
So interesting to hear these very detailed aspects to kicking things off on Amazon. This comments section is also crazy helpful.
@salamancadingding
@salamancadingding Жыл бұрын
Truly inspirational! Young kid who did it all by himself with little start up costs. Your parents should be so damn proud. Your experience is teaching people older than you how to do Amazon sales right 👍
@leonardwl
@leonardwl 3 жыл бұрын
The irony is, the coupon fiasco probably skyrocketed your conversion rate, which boosted your organic ranking (and PPC placement), and ended up boosting your sales in the long run, which is why your sales increased afterwards.
@fashionbutterflies8604
@fashionbutterflies8604 3 жыл бұрын
Great observation! I think so too. I'll have it in mind and even apply when the right time comes :)
@teamer35
@teamer35 Жыл бұрын
Doesn't sound like a mistake to me
@KlaudiaTucker
@KlaudiaTucker Жыл бұрын
Yeah sounds like a good strategy to boost your sales in the long run. $600 “lost” for so many reviews and boosting your store its worth it.
@JBackkkkk
@JBackkkkk Жыл бұрын
yeah, this actually could be a great way of thinking outside the box and helping yourself in the long run
@mr.sketser1468
@mr.sketser1468 Жыл бұрын
@@KlaudiaTucker 1600$
@vulgarbeauty2354
@vulgarbeauty2354 3 жыл бұрын
I always watch these KZbin videos of people talking about their experiences but the first fck up is they hide their product and sure I understand their worried but it’s still not genuine so to show my gratitude for your honesty I just ordered red tennis grips from this brand. Thankyou for being very open from the get go. Now I shall learn to play tennis. Lol
@MadA-br1db
@MadA-br1db 3 жыл бұрын
Haha love this so much!
@fashionbutterflies8604
@fashionbutterflies8604 3 жыл бұрын
I can't agree more with you, people hiding their product like it's a big secret.
@paulahester9883
@paulahester9883 3 жыл бұрын
I am just starting into this and my previous mistakes led me to this path. I have a brick and morter store and I made the mistake of purchasing too much inventory and now I am going to Amazon route to eliminate my inventory surplus but have decided to sell some products on Amazon - in the process of determining what that is currently. Enjoyed your videos - feel like you just want to help people and you are an honest person.
@jared2270
@jared2270 2 жыл бұрын
Hey, I'm a newer channel, Also doing some Facebook marketplace content. Feel free to check it out.
@rani-es6kq
@rani-es6kq 2 жыл бұрын
@@TravisMarziani how much does your training cost?
@HeySimon
@HeySimon 3 жыл бұрын
Out of all those so-called Amazon Gurus flashing their Lambos, it's so refreshing to discover content like this. You guys are the best ♥♥♥
@AmazingStoryDewd
@AmazingStoryDewd 2 жыл бұрын
There are other people that give good advice you know.
@user-pi1rb4to6i
@user-pi1rb4to6i 3 ай бұрын
Like who?@@AmazingStoryDewd
@Cricelia
@Cricelia 2 жыл бұрын
Who was coaching Troy since day 1? Good job. Im always inspired by seeing such young people do business.
@JeffLifeInReview
@JeffLifeInReview Жыл бұрын
Maybe one of the better videos I’ve seen. Good job. Being transparent about the costly mistakes really is so helpful and it’s the questions asked that are the best content. Can he use Wilson or other name brand products in his keyword to help put his product in front of those potential buyers?
@user-rw3my5te1z
@user-rw3my5te1z 10 ай бұрын
Loved this video and how raw it was, but loved how you came back and created success.
@Vincent-mv6ux
@Vincent-mv6ux 3 жыл бұрын
Most shipping agents in China offer consolidation, basically when you hire a shipping agent to transport goods to they have a warehouse where goods can be sent to, ask the agent for this address (usually in Chinese) and pass it on to the suppliers who have the products you want to source. They will quote you the fees, insist on receiving a tracking number and the courier company name to pass to the shipping agent. The fees for local courier services in China are generally very cheap but it does depend on the size and weight of the package, as there are numerous services that can be used depending on your need, such as time sensitive, bulk goods and so on. The shipping agent will then consolidate the goods into one shipment or package and this will save a ton of costs, I've been sourcing products for MNCs and SMEs for over a decade and I'm based in China so my info is solid.
@kimberlylofton4965
@kimberlylofton4965 2 жыл бұрын
This is actually the first video that I’ve watched and was given real information
@lanettamathis5648
@lanettamathis5648 2 жыл бұрын
Thank you for your honesty. Most people sell the dream. I love the fact that you took us month by month. Thank you thank you
@eyesalooking
@eyesalooking 3 жыл бұрын
Good luck. I am glad that you found a product that you can be passionate about.
@PeGaSus230
@PeGaSus230 Жыл бұрын
This is an amazing video! Very generous and transparent. Big Thanks!
@healthyhairbydee
@healthyhairbydee 2 жыл бұрын
Really appreciate the transparency. Almost everything related to making money on Amazon are people trying to sell you a formula
@coddazzi
@coddazzi 2 жыл бұрын
Thais where the real money is
@26nonsuchyacht
@26nonsuchyacht 3 жыл бұрын
Love the positivity coupled with honesty
@26nonsuchyacht
@26nonsuchyacht 3 жыл бұрын
Travis Marziani No. Tomorrow I will be receiving my first pallet that I bid on and won. My plan is to sell those items on FB marketplace.
@matthewmulderink6374
@matthewmulderink6374 3 жыл бұрын
The 99% promotion probably lead to a higher rank in Amazon, great reviews, and therefore increased sales.
@matthewmulderink6374
@matthewmulderink6374 3 жыл бұрын
@@TravisMarziani no that's why I'm at this channel!😊
@BradenBrandRealityTV
@BradenBrandRealityTV 3 жыл бұрын
I was thinking the same thing, their views comes from us, and their increase
@db8700
@db8700 3 жыл бұрын
Yeah that's probably why he did it on purpose and claims it was an accident hahaha
@keegoenterprise9089
@keegoenterprise9089 3 жыл бұрын
If you're lucky with your keyword.
@ricolove7727
@ricolove7727 3 жыл бұрын
Thanks for being so candid and honest
@Grooveriff
@Grooveriff 11 ай бұрын
I followed this channel because of the format, the likeability of the guest, and how well the host listens.
@jeaneenscharfman7131
@jeaneenscharfman7131 3 жыл бұрын
This is great info. FBA Logistics professional here 🙋‍♀️ and just wanted to add a helpful tip regarding potential shipping delays. The import market from Asia is very bottle-necked right now and freight forwarders are experiencing up to 3 - 4 weeks for a booking confirmation with a steamship line. That could add another est 21 - 28 days to your 45 day window. Not to mention, the Chinese New Year - most everything is shut down for a couple weeks. When space is tight, cost go up, which may cause a slight freight increase. Supply and Demand.
@jeaneenscharfman7131
@jeaneenscharfman7131 Жыл бұрын
@@Skins4497 Actually this was from a year ago when it wasn't so obvious for everyone, and right before container prices sky-rocketed. Not only that, after this comment, new shippers were on the back burner and had delays up to 4 months. Valuable info for those who were just getting started with imports at that time.
@emmanuelfreeman4653
@emmanuelfreeman4653 Жыл бұрын
@@jeaneenscharfman7131 Hi are you open to helping and giving tips to someone who is trying to start with FBA? I’m trying to get started but not sure what steps really need to be taken first.
@the1772
@the1772 Жыл бұрын
hello my account keeps going negative & idk why can you please help , i can give u my #
@brincatbooks
@brincatbooks Жыл бұрын
I've slowly started delving into dropshipping and had interest in FBA and honestly this was one of the most helpful and easy to understand videos about it all. Thank you!
@bigfatdoughnut
@bigfatdoughnut Жыл бұрын
I love the information from your videos. It all seems overwhelming at first until i go back and rewatch them. I hope to start up soon.
@muradsadeqalgabre7644
@muradsadeqalgabre7644 3 жыл бұрын
Thank you a lot for this video , I learned and enjoyed a lot watching both of u talking about your experience
@yoursovereignfuture8963
@yoursovereignfuture8963 3 жыл бұрын
Great video guys! A realistic picture of selling on Amazon and thats a good result for having done it on your own. Totally agree, having a experienced mentor is key if you are going to ride the Amazon beast to the top.
@jared2270
@jared2270 2 жыл бұрын
Hey, I'm a newer channel, Also doing some Facebook marketplace content. Feel free to check it out.
@mstrlucky652
@mstrlucky652 11 ай бұрын
Trav I've heard there are many amazon sellers that lie about thier revenue etc. to try and sell courses. You seem like a nice, sincere, genuine person. If that's the case you'll always be ok!!!
@scottmurray2239
@scottmurray2239 11 ай бұрын
Great Job 👏 Troy 👍. And a special thanks to Travis for putting out the free tutorial on how to get started with Amazon. I was just turned on to your website by my grandson two days ago. My wife and I are retired and very much looking forward to beginning our Amazon business. Thanks again two both of you.
@iamone9819
@iamone9819 Жыл бұрын
This video out all the FBA videos i have watched. Is the most sincere and believable . Great vid guys
@mineralt
@mineralt Жыл бұрын
business success requires learning and learning is expensive …don’t think of it as a failure think of it as education …no one really kills it out of the gate…
@zafwarsi3238
@zafwarsi3238 3 жыл бұрын
What a great video. Thanks for sharing your story, Troy. Trial and error, and then comes success, as you have shown.
@zafwarsi3238
@zafwarsi3238 3 жыл бұрын
@@TravisMarziani Hi Travis...I have been learning a lot over the past few weeks from you and others. I will soon be selling on Amazon. Wish me luck!
@jared2270
@jared2270 2 жыл бұрын
Hey, I'm a newer channel, Also doing some Facebook marketplace content. Feel free to check it out.
@sufyankhan8496
@sufyankhan8496 2 жыл бұрын
@@zafwarsi3238 hi bro
@boutuqiehut9822
@boutuqiehut9822 3 жыл бұрын
Thank you for sharing your experiences, good luck for the future
@ThePsypsy1
@ThePsypsy1 3 жыл бұрын
Your videos are amazing! Full of information and value. Thank you for creating and sharing
@ScottBailie
@ScottBailie 3 жыл бұрын
Great video, bud! Always nice to see new sellers overcoming FBA obstacles and becoming successful!
@beththompson911
@beththompson911 2 жыл бұрын
That is literally why I haven't completely started because I wish I had someone going through this with me so I know what I'm doing and avoid mistakes!
@arturogotti3790
@arturogotti3790 2 жыл бұрын
did you start yet?
@tylerheppell9831
@tylerheppell9831 3 жыл бұрын
That was awesome! Very well done video, thank you Travis!
@jared2270
@jared2270 2 жыл бұрын
Nice one! Hope all is well.
@tombeldon7881
@tombeldon7881 3 жыл бұрын
Great video, thanks! I am planning to start soon and I would like to know what do you think about amazon profit calculator. Can we rely on it? Should I just add the PPC cost? I am confused about the product I just found since it cost me £8 DDP delivery. Do you think is too expensive as a first product? Thanks Travis
@juliuspreloznik7236
@juliuspreloznik7236 3 жыл бұрын
Damn, so it really is more profitable to teach people FBA than it is to actually do FBA. You got it figured out Travis 🤫
@marri14
@marri14 3 жыл бұрын
Loved how you were honest with your expenses and profits. I'm also thinking of starting the amazon business so this video def gave me an insight to what to expect.
@marri14
@marri14 3 жыл бұрын
@@TravisMarziani Nope. Still working a corp job and now, i really want to quit and start my own thing.
@Make_a_Splash
@Make_a_Splash 9 ай бұрын
​@@marri142yrs after. .. How did it go?
@Unrove
@Unrove 8 ай бұрын
@@Make_a_Splashwho knows how it went.
@cbeaucrawford
@cbeaucrawford 3 жыл бұрын
Thanks! Very clear information. I learned a lot. Cool product too
@nikib-garrett6578
@nikib-garrett6578 11 ай бұрын
Great Video! Thanks for the Humbleness to share this video for Growing your business 😌
@mrbojangles4155
@mrbojangles4155 Жыл бұрын
Imagine trusting a YT video made by your competitor telling you to stop competing against him.
@geon-younghong7832
@geon-younghong7832 3 жыл бұрын
Hi Travis, Thanks for a great video! I think I made a wrong product choice. My product's become me-too product, and no sales for a week since I launched my product. I will do my best as much as I can, but I started to realize I should think of a case removing my inventory from Amazon warehouses. The thing is, I am in the states, but in other country. It would be much easier if I am in the U.S because I would just simply have Amazon deliver my products to my house, but not in my case. Do you have any suggestion?
@fashionbutterflies8604
@fashionbutterflies8604 3 жыл бұрын
Great video. Love the honesty and transparency. I'm also in West L.A. great place to live if the $$$ roll.
@JasenMacTurdsen
@JasenMacTurdsen 2 жыл бұрын
I really like these dudes, very genuine ppl!
@ronredmond
@ronredmond 3 жыл бұрын
1 year in, 6 figures of revenue the first year, 5 figure months started around 7 months in, which made for a nice PPP, which made for a super boost for 2021! Stoked!
@pedri0810
@pedri0810 3 жыл бұрын
do you have a DBA or LLC?
@AllAboutPurple
@AllAboutPurple 2 жыл бұрын
How long did you plan before going in?
@carolmaz8675
@carolmaz8675 3 жыл бұрын
Thankyou for the honesty 👍
@suzc2167
@suzc2167 Жыл бұрын
Great video guys!!! This was so unbelievably helpful.
@anasyusuf1607
@anasyusuf1607 Жыл бұрын
love it, keep up the great content!
@Baranina123
@Baranina123 3 жыл бұрын
Great video! You guys talk about real business not just profit before tax,
@lizetrodriguez7149
@lizetrodriguez7149 3 жыл бұрын
I watched your video. I’ve watched several from people offering courses. Yours was easier to follow and my attention was completely engaged with you. When will you have another session opened for classes? I can’t joined for this one. For the moment I will follow and study your content. Thank you. Lizet
@moisestatis5418
@moisestatis5418 2 жыл бұрын
Just came across this video. Great content! Keep up that great work of helping people and in the long run you'll be rewarded.
@moisestatis5418
@moisestatis5418 2 жыл бұрын
@@TravisMarziani Hi Travis, thanks for asking. No right now but I want to. I'm in contact with Alibaba chinese companies reviewing samples of product for private labeling. I know is not your preferred method 🤭🤣. Regards!
@tamardoull3618
@tamardoull3618 3 жыл бұрын
So many great tips! Well done 👍🏼
@delafinn899
@delafinn899 3 жыл бұрын
Imagine he got success in his first product. some people don't see success in their products. Keep that in mind before starting FBA.
@terraoildedoterra3115
@terraoildedoterra3115 2 жыл бұрын
Nice and honest video!! love it! Thanks for such a nice info
@jizzlewop552
@jizzlewop552 2 жыл бұрын
Troy and Travis, you guys are amazing thank you! Im on my way to financial freedom thanks to you guys help.
@jizzlewop552
@jizzlewop552 2 жыл бұрын
@@TravisMarziani no that’s been the challenge for me sadly. I know everything I need to know I just don’t know what product to sell :(
@humanism2024
@humanism2024 3 жыл бұрын
Great informative and entertaining video. I am considering fba startup as well. Is delivery by air ever feasible or only the long sea shipping? Thanks.
@Ratko1997
@Ratko1997 2 жыл бұрын
Wow, so much just to get started. Didn't even expect all of that.. Thank you both for explaining this.
@Ratko1997
@Ratko1997 2 жыл бұрын
@@TravisMarziani Im just think about it. But Amazon takes a lot of fees, and there's a lot of people saying they started as well and failed fast.. So that's keeping me a bit worried and out of it for now
@krazychung
@krazychung 2 жыл бұрын
watched so many videos about fba.. this is a really good video with small details!! THank you!
@TcRiverrat18
@TcRiverrat18 Жыл бұрын
This was the most helpful business video I have seen on KZbin. I'm going to share this across all of my social media. Thank you so very much for making this video.
@TcRiverrat18
@TcRiverrat18 Жыл бұрын
@@TravisMarziani I am currently in the research phase. There are so many different side hustle options out there and I want to know about all of the pros and cons associated with each of them. Your videos have been incredibly helpful for determining next steps for Amazon FBA and beyond.
@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.
@genjamin
@genjamin 3 жыл бұрын
Troy broke through! Go Troy!
@louiszepeda9254
@louiszepeda9254 3 жыл бұрын
go troy
@davidgalvez3175
@davidgalvez3175 3 жыл бұрын
Thank you both guys for sharing this experience, I'm learning a lot and is very useful information.
@davidgalvez3175
@davidgalvez3175 3 жыл бұрын
@@TravisMarziani haven't start yet , just setting up the company, learning from people..
@jovan3934
@jovan3934 Ай бұрын
THANK YOU!! me and my brother printed out troys face to show us what we DONT want to become!! (in the negative from selling) this will motivate us for eons to come!
@tristanxavier2082
@tristanxavier2082 3 жыл бұрын
instead of just popping deduction numbers up, it would have been nice to see them labeled.
@cavaleermountaineer3839
@cavaleermountaineer3839 3 жыл бұрын
That "mistake" actually created brand awareness and led directly to the following month's increase in sales. You should call it a Great Mistake!
@gibsonlife573
@gibsonlife573 Жыл бұрын
I love that you guys are putting us out there at the same the same time I guess everybody's trying to talk about alibaba but like I'm afraid that it's just gonna ruin it for everybody's guess there's gonna be no chance it's gonna be so drowned it that there's no chance
@cottondai
@cottondai 3 жыл бұрын
Such a great value of contents. You have found a subscriber.
@fegracias
@fegracias 3 жыл бұрын
Execllent info.
@Los655
@Los655 3 жыл бұрын
I"m still trying to recover from my first product. I still have 50% of my units after 2 years and had several hundred disposed of by Amazon. I never did conquer PPC. All told my 2 year 1st product launch has been at a negative of about $10k (but still have inventory). Need more $ and time to turn it around or find product #2.
@madainaboagiu5582
@madainaboagiu5582 3 жыл бұрын
Really good advice! Thank you!
@nosty6525
@nosty6525 2 жыл бұрын
This video was amazing….as a person that has sold on Amazon…its not easy and becomes very discouraging…this video has explained the process so well.
@aorjarsrelaxingvideos6126
@aorjarsrelaxingvideos6126 3 жыл бұрын
I was born into a family with no money. But I'm so happy. It's like this ... Now I'm making $10,000 per month ! Thankyou !
@overseasbeyond326
@overseasbeyond326 3 жыл бұрын
good for you, can you be my mentor?
@amitjain5236
@amitjain5236 3 жыл бұрын
Great video, I am still waiting to make my big one... would be interesting to be doing a video with you via zoom or duo discussing about it!!
@jared2270
@jared2270 2 жыл бұрын
Awesome! Feel free to visit my channel. I have a lot of tips to offer.
@mattramsey5885
@mattramsey5885 11 ай бұрын
Love the video! Thanks for the help
@carlwehba3788
@carlwehba3788 2 жыл бұрын
This is awesome, I love the honesty
@jpdiaz877
@jpdiaz877 3 жыл бұрын
That's the power of a good "mistake". You could actually replicate in a more controlled way in order to generate tons of traffic that will benefit in the long run. Social media promo codes are the best way to go.
@noodlebrains
@noodlebrains 2 жыл бұрын
I think some of my mistakes include - 1) not differentiating myself enough. So I ended up competing with lots of similar products which were often cheaper than I could sell mine for. This example was with the detangling hair brush that was popular for a brief time. 2) Not actually knowing how much inventory to order and when, so you mentioned the 45 days lead time. I basically ran out of stock and then had to wait months to restock and in that time, all the money spent to get my ranking up on Amazon , had to be spent again. Strangely the 2nd time of advertising was less efficient and ultimately the advertising costs were just too much to get the products back to where they needed to be - to be seen and sold. 3) The pay per click has a flaw I think, I’m sure competitors click on the ads because they know this will use up your budget. I am not sure Amazon provides protection on this. I am yet to make a profit from selling on Amazon - I think I mainly lose money, around £2k from the last venture
@noodlebrains
@noodlebrains 2 жыл бұрын
@@TravisMarziani I tried / started back in 2019 by listing a product under another listing of the same item. I didn’t know about brand registry then, so it wasn’t long before the seller complained and my account got locked. I swear it took almost 7 months of back and forth with Amazon to get it unlocked. I then went through the whole Brand Registry / Trademark application which also took a few months. So I didn’t officially get started until 2020. I only survived about 3 months. I wasn’t rich enough to sustain the losses 😭- I just didn’t understand the numbers around what Amazon were charging. Their invoices just seemed unpredictable. I recently decided to try again, but I think I am on the verge of making the same mistakes, especially around the product I’ve chosen and then the logistics of restocking if it goes well.
@mitchell10394
@mitchell10394 Жыл бұрын
That shouldn’t be an issue with PPC. It sounds like you just had a conversion issue. Good on you for trying, but please look at it as a learning opportunity so you can adjust and improve your conversion rate in the future.
@ricardobriceno8805
@ricardobriceno8805 10 ай бұрын
@@noodlebrains i certainly agree with your mistakes... i think im making them too and i feel kind of stuck selling at amazon at this moment, so im curious how has it gone to you so far, did you change like the strategy in advertising or something like that?
@noodlebrains
@noodlebrains 10 ай бұрын
@@ricardobriceno8805 I asked Amazon to help set up the advertising for me. They offer this service for free. I’ve stopped for a while until I can think of a good product and build a proper brand.
@joannapierre9068
@joannapierre9068 9 ай бұрын
@@ricardobriceno8805did things improve? What r u selling? Did u make any money?
@bunyaminburak
@bunyaminburak 3 жыл бұрын
I haven't done a mistake but planing to do in the very near future :) Thanks for great sharing!
@albertocunha3770
@albertocunha3770 2 жыл бұрын
Thanks Travis, great video!
@yummyveganmeals3921
@yummyveganmeals3921 3 жыл бұрын
Hey Travis, I just watched this video and have a question on his inventory, when he was running low on inventory how did he solve that problem. Also is it not better to have 4 months inventory since it takes minimum of 2 months to have new inventory shipped. One month to observe how the market is reacting to your product. And 2 months to have it safely in Amazon.
@bluffcitybreaks1016
@bluffcitybreaks1016 Жыл бұрын
First mistake = Tennis products🤣
@bluffcitybreaks1016
@bluffcitybreaks1016 Жыл бұрын
@@TravisMarziani more people buy golf than tennis I’d imagine especially in the US- you’re attacking a tiny market 😂
@brolysmash9333
@brolysmash9333 Жыл бұрын
I laughed at that shit bro 😂 I was like wait wait what? I’m new into Amazon FBA but hell, I wouldn’t go down that road 😂
@Spaceman2484
@Spaceman2484 8 ай бұрын
@@bluffcitybreaks1016all about targeting
@SuperArielleo
@SuperArielleo Жыл бұрын
Thanks for sharing your experience and honesty.
@meichi308
@meichi308 8 ай бұрын
great video! thank you for sharing!
@benvaldovinos1612
@benvaldovinos1612 3 жыл бұрын
“$5800.00 startup isnt an insane amount “ Me who barely ever has 58$ in my bank account after rent every month 😐😐
@KennTollens
@KennTollens 3 жыл бұрын
In that case you might want drop shipping. kzbin.info/www/bejne/gXrMdWeDdpqmnM0
@benvaldovinos1612
@benvaldovinos1612 3 жыл бұрын
@@KennTollens thx . I’ll watch the video. I’m a broke 20 year old who doesn’t like college so I’m trying to get into e commerce , so my family can see that u don’t need school to b wealthy lol
@KennTollens
@KennTollens 3 жыл бұрын
@@benvaldovinos1612 You definitely do not need school to be become wealthy. In fact, school has made so many people a slave to debt for life. Kudos for not getting into that trap. Just remember that it is not a weekend thing, give it a year or more, don't give up, and you can be a multimillionaire drop shipper. Good luck.
@KennTollens
@KennTollens 3 жыл бұрын
@@benvaldovinos1612 This guy starts from scratch with $100 or something and starts making profit very quickly, kzbin.info/www/bejne/nGSsmH2JrdKJprs but your best bet is probably to learn the technics first from the other video.
@childreaction3d
@childreaction3d 3 жыл бұрын
New process of business 👇👇 sites.google.com/view/7-figure-online-business/home
@waynefilkins8394
@waynefilkins8394 2 жыл бұрын
Okay so for that 99% off coupon thing he did, that could have went REALLY well. If he had like 5 or 10+ different items in his shop and gave all that inventory away, but it was just that one item he was giving away, this would have REALLY gotten his brand out into the world. If you have a product that really shines and other products in your store, send out a flyer really promoting your brand. maybe 15% off next purchase, and show some other items that people might buy after that 1st item they got for free or w/e. It's a high risk strategy (losing $1600 giving away free sht) but JS if it happened to him and he actually was shipping flyers with those free items, this could have brought in a lot of long-term customers. I had a business where I had 3 products which were re-usable, and somewhat addicting (caffeine and other nootropics) and I was giving away free samples. I was losing money on shipping, then a little big on the product (this stuff was CHEAP to make) and it was bringing in customers which bought my product every week or 2. Forever. So 1 free sample I''d lose maybe $3 or even $5 (eventually I found a way to ship them as a letter for $1 in a really flat tear to open packet) but I would gain hundreds of dollars per customer long-term. Giving away free shit can be a great form of advertising if conventional means aren't cutting it. TBH this might be what happened to his brand. There were probably some viral videos floating around of people bragging because they "got this item at 99% off and you can too!" lol. That mistake probably made his product go viral and he didn't even realize it.
@mr.sketser1468
@mr.sketser1468 Жыл бұрын
free samples have been done since the 1920s
@danielb.parker739
@danielb.parker739 2 жыл бұрын
Great video that you make. I really love your video. Thanks
@healthbeauty638
@healthbeauty638 7 ай бұрын
In half a year he made almost $2000 profit! Definitely lots of lessons, good advice and shows risk within the industry.
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