AMAZON FBA Update – January 2017
Amazon, Amazon, Amazon.
Hi, welcome back for another week of The Bootstrap Boutique, where beginners build businesses, glad you’re here.
So I thought I thought today that I would just give you an update on what I’ve been doing with the Amazon FBA Private Label product business line that I am starting. Because I haven’t talked about it for a while.
I have some sort of issue with my bank where when I send a wire to my supplier in China, it takes forever for them to get it.
So I go in, and I fill out the paper work and you sign your life away and send all your money to China and then it’s like…crickets. And it’s not that my supplier is going dark on me, it’s just that it takes forever for them to get those wires and their expectation is that I say, “Hey I’m going to go send you a wire today.” They’re like, “cool, I’ll let you know when we get it,” and then they don’t get it.
And it takes weeks. And with the Christmas holiday and the Fed Funds wires I guess down for the Christmas holiday it’s been taking even longer. I sent a wire to China to my supplier about the mid…the first week of December? I mean, it’s been a while and uh, they don’t have it yet.
So… I’m not freaking out. I’m not freaking out. Not going to do it.
Because you guys know I like to share the warts and all approach to how I am starting this business I wanted to tell you about something that I realized that I did wrong for this first shipment and it’s not the end of the world, it’s only a 500 unit test order, but just to make sure that its something that you’re aware of. Because you don’t want to do this too.
So when you label products to sell on Amazon, there’s a few things that you need, right? You need the name of your company, you need the name of the product, you need what its made out of, you need country of origin or where its made, so Made in China. Those are all pretty basic things, UPC code, you need those to sell anywhere.
Amazon has another identifier that they use also called a FNSKU. And I’m not sure, because if I was sure I would have done it already, if that has to be on the actual label or just on the bag or like, where that needs to be. So probably it should be on the label that is going to go on the outside of all of my bags but it’s not. I don’t have that actually set up yet with Amazon so I don’t have it.
So I think what I’m going to have to do is actually make my own labels with just the FNSKU on them and affix them to each of the 500 bags by hand. See what I mean? Its, its…I can do it you know, 500 is not like 50,000 but really could have saved myself some time if I had researched that first.
New Seller Restrictions Lifted
I guess the good news is that the December 19th, 2016 deadline has come and gone and Amazon is now letting new sellers sell there again but its not like I just had products sitting here waiting to go out, I did not get a product launched in 2016. 2017 is going to be my year, right?
So that’s where I am with the Amazon stuff and that’s why I haven’t talked about it a lot because I honestly, for a month almost have been waiting on a wire to go through My product is in China ready to be shipped and I can not wait to get it here but that’s what I’m doing right now is waiting.
A couple of other things, I should probably address the elephant in the room. We’ve moved. We moved over Christmas because we are crazy people and this is my new office space. The seller kindly left this tapestry handing on the wall. It is not gorgeous but it’s covering the fuse box so I guess it will stay there. It’s the only soft thing in the whole room right now, theres no carpet, there’s no drapery, or anything like that, so I apologize for the sound I’ll work on trying to research a little mic to make our sound better.
But I’ve got my work computer over here, my laptop and this whole space is a mess. I wish you could see it. We also have a weight rack over here, a squat bench set up. I should just do a fun little office tour for you guys so you can see what I am working with right now. It will get better, but it’s probably going to get worse before it gets better. One of those things.
So anyway, that is an update on what’s going on in my life as well as my Amazon life and I can’t wait to have an update for you soon to show you some boxes and be like, “Hey guys, my products are here, I’m super excited” but that day has not come yet. Make sure you’re subscribed to the channel, I post new videos every Monday and Wednesday and I know you don’t want to miss one. Would love a thumbs up on the video if you enjoyed it, down in the comments below just tell me this time, whats new with you? Are you launching a new FBA product are you also working and living in a disaster area? I’d love to hear all about it and I will talk to you next week guys. Take care!