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YOU SOLD SOMETHING!. THOUGHTS ON SHIPPING. A Big Subject- Get Help! stephen.m.prager@usps.gov Know Mail Classes and what they can do Collect boxes, cardboard (stiffener), newspaper, peanuts, envelopes, bubble wrap Get a good 20 lb digital scale Know Amazon’s Pre-Set Shipping Prices
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THOUGHTS ON SHIPPING • A Big Subject- Get Help! stephen.m.prager@usps.gov • Know Mail Classes and what they can do • Collect boxes, cardboard (stiffener), newspaper, peanuts, envelopes, bubble wrap • Get a good 20 lb digital scale • Know Amazon’s Pre-Set Shipping Prices • Get Ready to Ship International
PROS AND CONS OF ONLINE POSTAGE ONLINE TAKE TO POST OFFICE Enjoy Meeting people in Long Lines No Monthly Online Seller Fees ??????????????????????? • Free USPS Tracking for Priority Mail • Customer gets Instant Email • Discounted Tracking for Media and 1st Class Pkg • No Waiting @ PO • Easy Record Keeping • Use Paper for Label • Free Carrier Pickup?
WHY CONSIDER FBA??? • Can do in a Small Apt. or on the Road! • Amazon takes the order, packs and ships • Amazon handles returns • Commands a higher price • FBA appeals to a certain type of Amazon buyer • No More Shipping and Trips to PO • FBA is Eligible for Amazon Prime
FBA PROs and CONs PRO CON Fees are Rising Loss of Control Amazon Handles Returns You Have to Ship to Multiple Warehouses If It’s Wrong, You Get The Blame High Customer Expectations • Higher Price • No Packing or Shipping • No Customer Interaction • Amazon Handles Returns • Discounted UPS Shipping • Your Job is Hunting • Items Eligible for Prime 2-Day Shipping
HOW TO BEGIN FBA • Research……Amazon has an FBA Calculator • FBA is Best for: • New Items • High Value • Lightweight and Small • High Demand-Sell Fast • RESEARCH IS KEY. You Must Buy Low to Sell High. Bargain Hunting is Your New Job.
FBA STRATEGY • Must Have a Pro-Merchant Account • Think in 3rds or Higher (1/3 Item Cost, 1/3 Fees and Shipping, 1/3 Profit) When Buying for FBA • Sales Ranking and Other FBA Competition is Important. Do your research • Use a Smart Phone APP and FBAFinds.com • Read Barcode Booty or Retail Arbitrage
WHERE DO I FIND FBA STUFF? • Clearance Aisles in Target, Walmart, Walgreens • Big Lots and other Discount Stores • Thrift Stores • Garage Sales • Online Super Sales • Craig’s List • Wholesalers • Manufacturers • Close Out Sales
It’s FBA TIME! • Go to your Amazon Seller Central • Click Inventory tab • Select an Item to send to FBA • Click on Actions tab • Select Change to Fulfilled by Amazon