My First Year Selling On Amazon FBA - The Honest Results

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Calvin shares the HONEST results of his first year selling on Amazon, including his revenue/profit, Amazon fees, mistakes, and the TRUTH ABOUT AMAZON FBA!

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Helium 10:

0:00 Intro
0:24 Calvin's Product
1:39 How Did Calvin Start his Business
2:32 Branding
2:46 Product Design
3:14 Setting Up Business Legally
3:54 Production Run
4:33 Shipping
5:14 Product Listing
5:25 UPC
5:51 Trademark
6:41 Monthly Numbers
12:58 1st Year Numbers
13:51 3 Big Mistakes

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TravisMarziani

Travis, maybe you should start doing videos on how many people tried and failed. Maybe we can all learn from the mistakes of others

chrismurphy

Yall .... I am an amazon seller and let me tell you - Selling $400, 000 and getting only $100, 000 in profit for the year sucks when you look at how much work and headache is involved with dealing with crap quality from China, competition from copycats that come up and steal your sales, customers who lie and return stuff defective, etc. These videos fool you into thinking it is a great no-brainer but the reality is it is real work and it just sucks. Go explore more profitable ways to do business. You have to sell massive amounts in order to make money on Amazon and deal with a ton of BS on all sides. Is 25% profit good to you? This video makes it sound like it but it leaves out many of his other costs. I didn't see it talk about the loss of money in returned product because of poor quality. Plus he got a California business license but lives in Florida? Anyway - TAXES! especially in CA. This dude quit his job. Is he really living off $100, 000 a year (less if you take out even more costs of doing business). He will have to work hard to beat down the copycats especially since he just revealed his business on this video. He's gonna have to get back on Helium 10 to find a new product to sell. More research time. And he even admitted that he just copied someone else selling the same product and just did a better job with marketing. Like I said - Amazon is flooded with copycats! It's a very tough market! You can only make money by starting a YouTube channel and talking about selling. People like MyAmazonGuy have admitted that they have scaled back their selling on Amazon BUT STILL DO VIDEOS because that's where they are really making the money now.

leetuitamo

2nd month, he ran out of inventory. I assume he did in the middle of the month and he placed an order. You are subtracting the order which is for the future sell from the monthly revenue which does not make sense. If you run out of inventory you may lose the opportunity, amazon ranking, and etc but you do not directly lose money. I am not an accountant but well that did not sound good. One reason that he lost money is because of returns, so the first month he actually did not make that amount since the returns would hit the second month.

omidnoorshams

I like the most to hear that he went back to help his family. Beautiful story brother, wish you all the best!

BonVoyageWorld

Thank you Travis for running these numbers. I am quite impressed on how much money he made as a beginner.

wilsonfelixhernandezcasado

I know somebody who is an independent contractor engineer, he doesn't do 9-5, if he has a project he is very busy and has long hour to complete the project. Depends of the client, but honestly he has a repeat clients that he trust, for variety of reasons. He makes good money.

promentheusmaximusgearzone

man this format is killing it! conversational point by point, never seen before. 👏👏

TheEtrepreneur

Running inventory as a startup isn’t a mistake. It’s part of learning.

Imagine ording $40K out of the gate on a product that flops?

blindluckproject

Brother, I like your videos, but the truth is that there are many gaps in this video that are very important to know the reality. Many people who have never sold on Amazon may get excited and, in the end, may get disappointed when they realize that reality is not as you describe in this video.

For example, when you start showing the numbers month by month, you don't include the PPC costs, and I don't think that person could have launched their product without PPC. Assuming they didn't use PPC and sent external traffic to start, that also involves significant expenses.

You don't talk about returns. That's also an important cost that Amazon takes from your pocket, among other things.

In short, it would be very useful for new sellers if you provide more realistic data in another video. Thank you.

maykelsanchez

Why would you not just up the price instead of always running out?

ecomlyfe

I'm left scratching my head after hearing his manufacturer couldn't keep up with his 400k in sales. It's not that much for a manufacturer. I'm curious why he encountered this problem 😮

tariqs

There's no way he made 400K in revenue just from one single listing.... how exactly ?!
none the less you earned a subscriber

SabrososBrand

I checked "Chef's Haven, " the product this guy is selling. It says 200+ units sold last month. That means less than 300 sold per month. That is revenue of $15000 or less. So why is discrepancy?

gogemusicimprov