As Amazon, when can I see the money in my hands?
Today I’m not talking about the selection and operation of dry goods
Let’s talk about the cash flow that everyone cares about most
As an Amazon seller
Do you have such a feeling
More and more stocks, more and more orders
Sales are getting bigger and bigger, and more and more U.S. dollars arrive
But I just can’t see the cash in my hand
The payment is returned every month, and I look forward to my Pingpong account in a few days
Then after seeing the SMS on the mobile phone,
Withdraw funds immediately
After the money arrives at the bank card, go to buy the goods, and the freight will be charged. . .
Then, I ran out of money
This is a typical situation for Amazon FBA sellers
It’s also the normal condition in the initial stage
As long as you calculate the profit margin of the product
In the case of profit
Constantly press the goods to the FBA warehouse
From the initial replenishment by air to the later replenishment by sea
It takes about 2–3 months of investment cycle in the middle
After a product does this
You definitely want to make the second and third product
Such new products will continue to overwhelm the past
Go through the above process again
the difference is;
The profit of the first product can be used to suppress the goods of the following products
As most small and medium sellers
You need to make a choice based on your own financial situation
To see the money in the fastest time
This is also my practical experience
Suppose you are at home alone and do it all by yourself
No expenditure on labor, space, equipment, etc.
When the start-up capital is less than 300,000
(PS: This amount applies to most small and medium sellers)
It is recommended to develop 3–5 products in the early stage
Don’t see dozens or even hundreds of products in other people’s stores
You learn to do that too
Otherwise, when keeping accounts, you will only find more and more investment
The payment cannot even cover the expenditure
If it is to make 5 products, the shipment will be past
There is a high probability that the remaining 1–2 models are profitable
All remaining discussions, decisively clear the position immediately, and withdraw funds
Put all your energy into operating these 1–2 profitable products
When the single SKU order volume of these 1–2 products has stabilized
Sea and air freight are all going smoothly
You can see that there will be more cash in your hand, realizing positive profitability
Here I am referring to the cost of paying for the freight and the second replenishment
At this time, the accounts must be clear
After confirming the realization of positive profit
You go to develop the third product
Remember to develop this product once
After the third product is built, the fourth product will be developed
Can’t do it, it’s okay
Just lost the cost and shipping cost of the fourth product
Anyway, there are two other products that are profitable
When the listing is stable;
Every month, if the order and inventory reach a certain balance, you can make money
In this process of realizing positive profitability, three nodes are very important:
1. Be sure not to sell out
After the listing is stable, out of stock is a loss of income
2. When pushing the first two products, the profit margin must be calculated clearly
Some sellers don’t know if they have lost money
Record how many orders are made every time
Because the spikes are all 20% off
3. From the first investment to positive profit, it will take at least 5–8 months
Don’t be too hasty! ! !
