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My Three Biggest Fails As An Amazon FBA Private Label Seller

By Garlic Press Seller

Learn from one seller's mistakes made selecting, sourcing and importing products from China, to sell on the Amazon marketplace.

My Three Biggest Fails As An Amazon FBA Private Label Seller

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Ay Jay

“My key takeaway from this fail: ALWAYS inspect your goods before paying 70% to your supplier!”

How? Should we put down 30% deposit then have someone inspect it before paying the outstanding 70%…?

Also where should the product be inspected, at the suppliers warehouse? At the port if its FOB?

And who do we get to inspect the product? Should we hire a 3rd party company.?

Mark Hetherington

This is my advice for anybody doing something similar. The key takeaway from this is not to think you have an instant business just because you can throw money at it. It takes years, and lots of mistakes, to get things right to the point where you don’t have to worry about it. In fact retailers that have been around for decades are failing for all sorts of reasons, from buying the wrong products, following the wrong trends, even failing online because they’re not used to it. There are countless High Street stores in this final bracket because quite simply,… Read more »

Alex

Replying to Mark Hetherington

Hello Mark, thank you for sharing your experience. I have a quick question, which I wouldn’t post publicly. Can you write me at alex @ bindwise [dot] com

ScarfKing

I appreciate this poster’s candor and helpfulness, and will respond in-kind. I’ve been importing from South America and Asia since 1984. I NEVER negotiate prices. I will say, “I can’t sell it at that price,” and then leave it to them to decide whether to lower the price or not, but that’s only if it’s true and I’m giving them a heads up. My feeling is that they gave me a price that works for them, and that’s it. Nobody can work for free, and it’s not to my long-term advantage to have them making little profit. In the first… Read more »

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