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I**N
Very Good Information on Fullfillment by Amazon and Basic Buying Strategies
This book is a must read for experienced sellers considering selling by Fulfillment by Amazon but it is not recommended for the new online seller with limited funds.I have rated this book a 4 star because that the author is suggesting that you make your retail purchases by credit card which I would strongly advise against. The fact that he has not missed one of his monthly payments to his credit card company is not the norm for any 'retail' flipper let alone a beginner. The one thing not to lose site of is that the author still has a full time job as does his original mentor that helped him start his business. If you do not have the cash to start buying I would seek another source to start my business with and consider this one for a later date.The book has great detailed information on where to buy products and how to use the Fulfillment By Amazon commonly called FBA. The fees for using FBA are discussed broadly but not in totality so it gives the appearance that the fees are very low. They can be low in comparison to single storage facilities but my experience has been that the average for most low to mid range retail flippers is around $350-$450 per month and that is only for the FBA and does not include the Amazon fees for each actual sale. That will also vary based on the type of items that you are selling. For example, people tend to think books do not weigh very much and don't take up much room however, when you have in excess of 10,000 of them the weight and room to store them adds up quickly. Take a few (4-5) books that you already have around your house and put them on the bathroom scales - you may be surprised at what they actually weigh.Selling on Amazon is a wonderful venture and can be very profitable but you need to be fully informed before venturing into this market full time and quitting your day job.
P**3
Very interesting book
I found this book an interesting read. Not so sure about following the program but it gives insight into some of Amazon's programs for sellers. While it is basic and omits a lot that someone really wanting to follow the program would need to know anyone interested in Amazon and its programs for sellers may find this useful as a starting point. It is a one hour read and worth the time in my view if only for its discussion of Amazon's fulfillment program. Some things it omits are the record keeping needed for tax purposes. That could be a nightmare if someone really got into trying this! Also the program outlined would likely only work in a larger city. And while the returns for credit at stores may work for a while am not sure some stores might not keep track of returns and ultimately stop a buyer doing that. Know Walmart limits returns without receipts within a quarter but not sure if they keep track more generally. All of this said, I can see for someone out of work or in retirement who still has good credit this could be interesting thing to consider if only on a limited basis. Unfortunately today engaging in an small business venture is fraught with difficulties, from regulations to taxes to all sorts of legal complications. The Amazon fulfillment program potentially takes away many of these problems. As someone not previously familiar with this program the book was both interesting and worthwhile.
S**E
"You'd have to be dumb not to do this..."
As a veteran e-seller on Amazon and eBay and the author of a comparable Kindle book titled [... Almost Free Money: How to Make Significant Money on Free Items That You Can Find Anywhere, Including Garage Sales, Scrap Metal, and Discarded Items ], I ordered this book with trepidation, knowing how difficult it is to find inventory that makes $2700/month.I was pleasantly surprised by the amount of information in the book, and how easy it was to digest and immediately employ in flipping retail store sales items for quick money. I think that in the right location and with some leg-work, anybody that reads this book can make comparable profits, if they follow the easy step-by-step instructions for finding inventory.For me, the immediate returns from reading this book were the specific examples of where the author found the inventory to sell, how to price-check items quickly and effectively, and the discussion on using Amazon's FBA (Fulfillment by Amazon) to have inventory packaged and marketed, allowing me to turn over profits faster and more frequently. I fully intend to follow the author's friend's advice and add retail flipping into our portfolio, along with our existing model that includes finding free items (or under $1), and providing informational products to re-sellers and temporarily unemployed entrepeneurs. After all, as it states in this book in regards to retail reselling with the aid of Amazon FBA, "You'd have to be dumb to not do this."
T**S
Very Good Primer For Selling on Amazon
If you've ever wondered about or considered selling on Amazon, purchase this book before making a final commitment. Brian Patrick writes in an easy-to-follow and understand style that unveils the ins and outs of selling on Amazon sans the jargon found on its forums and instructional pages.It's a short book, which you can finish in a couple of hours or less. He devotes just enough ink to the basic need-to know information for navigating Amazon's portal. He explains how sellers can use the best options and tools to best leverage Amazon's buying market. But he also offers realistic advice about how much money can be made and how much time can be devoted to this business.The drawback is the book needs to be updated, which is why I didn't give it 5 stars. Amazon has had so many policy changes that one of his topics -- packaging multiple items -- is no longer accurate.Besides that -- which is important -- it is better to start with reading his book rather than wading through Amazon's Seller's pages with dozens of links. Read the book first, and the seller page will make more sense.
G**K
I found this book extremely informative and a good place to start
As someone who has had some experience of the mail order business many years ago before the internet existed but has yet to consider trading on-line, I found this book extremely informative and a good place to start; even though it is aimed at the US market.
R**S
Great read
Highly organised and easy to follow information. Very inspiring - I feel I just might dip my toe in the water after reading this book.
I**O
Helped me to come to a decision.
Easy to follow advice and ideas. Not really practical for me and helped me make the decision that it is not for me. Informative and even though written concerning the US marketplace there is much that could be adopted elsewhere.
M**D
nothing new!
Bet he makes more from this book than his product sales, basic regurgitated content with a small self story. 0-1 star
N**H
Better guidance for the US rather than the UK
Good book but lack real in depth information, good direction for someone living in the US not so much the UK
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