📝 Table of Contents
Introduction
- What is Amazon FBA?
- The Importance of Sourcing Products
Deal #1: Ambrosia Devon Custard
- How to Find Deals on Retailer Websites
- Analyzing the Profitable Chrome Extension
- Multi-Pack Deals and Bundles
- Pros and Cons of Online Arbitrage
Deal #2: Diecast Model Toy Truck
- Sourcing Products from Home Bargains
- Analyzing Sales and Profit Data
- Understanding the Buy Box
- Using Exclusive Profitable Discount Code
Deal #3: Sensitive Skins Shower Cream
- Multipack Deals for Profit
- Analyzing Sales and Profit Data
- Small Profits Add Up
- Private Label and Wholesale for Higher Profits
Deal #4: Bioderma Gel
- Sourcing Products from My Pharmer
- Analyzing Sales and Profit Data
- Understanding Competition
- Importance of Profitable Rankings
Deal #5: Club Card Offer from Tesco
- Analyzing Sales and Profit Data
- Importance of Gating
- Using Deals as Inspiration
Conclusion
- Recap of Deals and Strategies
- FAQs
- Introducing AI Chatbot Product
Introduction
Are you interested in starting an Amazon FBA business but struggling to find profitable deals? Sourcing products is one of the most challenging aspects of Amazon FBA, but it's also the most important. In this article, we'll show you five Amazon FBA deals that people are currently selling and where to buy them. We'll also provide tips and strategies for analyzing deals and maximizing profits.
What is Amazon FBA?
Amazon FBA stands for "fulfillment by Amazon." It's a program that allows sellers to store their products in Amazon's fulfillment centers. Amazon handles the shipping, customer service, and returns for these products. This makes it easier for sellers to scale their businesses and reach a wider audience.
The Importance of Sourcing Products
Sourcing products is the most critical aspect of Amazon FBA. Without profitable products, your business won't succeed. There are several ways to source products, including retail arbitrage, online arbitrage, private label, and wholesale. In this article, we'll focus on online arbitrage, which involves buying products from retailer websites and reselling them on Amazon.
Deal #1: Ambrosia Devon Custard
Our first deal is Ambrosia Devon custard, which we found on Morrison's website. This is a multipack deal, which means we can buy six units for £22.99. We can then combine these units into a single unit and sell it on Amazon for £6.99.
How to Find Deals on Retailer Websites
To find deals on retailer websites, you can use tools like the Profitable Chrome Extension. This tool analyzes sales and profit data for products on retailer websites and provides insights into their potential profitability on Amazon.
Analyzing the Profitable Chrome Extension
The Profitable Chrome Extension showed that this product had low competition and decent sales, with 9 to 26 sales per month. The profit per unit was £4.51, which gave us a 73% return on investment.
Multi-Pack Deals and Bundles
Multipack deals and bundles are great ways to increase profits on Amazon. By combining multiple units into a single unit, you can increase the perceived value of the product and charge a higher price.
Pros and Cons of Online Arbitrage
Online arbitrage is a cost-effective way to get started with Amazon FBA. You don't need to buy a large amount of products to get started, and it allows you more flexibility with making mistakes. However, online arbitrage is also competitive, and profits are typically lower than with private label or wholesale.
Deal #2: Diecast Model Toy Truck
Our second deal is a diecast model toy truck from Home Bargains. We can buy this product for £5.99 and sell it on Amazon for £13.
Sourcing Products from Home Bargains
Home Bargains is a discount retailer in the UK that offers a wide range of products at low prices. By sourcing products from Home Bargains, you can find deals that are not available on other retailer websites.
Analyzing Sales and Profit Data
The Profitable Chrome Extension showed that this product had slightly better sales than the previous deal, with 34 to 52 sales per month. The profit per unit was £2.11, which gave us a 34% return on investment.
Understanding the Buy Box
The buy box is the section on Amazon where customers can add a product to their cart and make a purchase. The seller who wins the buy box gets all of the sales for that product. To win the buy box, you need to have the lowest price and good seller metrics.
Using Exclusive Profitable Discount Code
Profitable is an Amazon FBA software that offers a deal analyzer, deal finder, wholesale scanner, Discord community, and free FBA course. Use our exclusive discount code to save 5% on yearly plans or 20% on monthly plans.
Deal #3: Sensitive Skins Shower Cream
Our third deal is a multipack of sensitive skins shower cream from Asda. We can buy one unit for £1 and sell a pack of six on Amazon for £14.99.
Multipack Deals for Profit
Multipack deals are a great way to increase profits on Amazon. By buying multiple units of a product and combining them into a single unit, you can increase the perceived value of the product and charge a higher price.
Analyzing Sales and Profit Data
The Profitable Chrome Extension showed that this product had decent sales, with 65 to 114 sales per month. The profit per unit was £3.19, which gave us a 51% return on investment.
Small Profits Add Up
Small profits can add up over time, especially if you sell a variety of products. Don't overlook products with low profit margins, as they can still be profitable in the long run.
Private Label and Wholesale for Higher Profits
If you want to earn higher profits on Amazon, consider private label or wholesale. Private label involves creating your own branded products, while wholesale involves buying products in bulk from manufacturers. Both strategies require more upfront investment but can lead to higher profits.
Deal #4: Bioderma Gel
Our fourth deal is Bioderma gel from My Pharmer. We can buy this product for £4.21 and sell it on Amazon for £9.99.
Sourcing Products from My Pharmer
My Pharmer is a UK-based online pharmacy that offers a wide range of health and beauty products. By sourcing products from My Pharmer, you can find deals that are not available on other retailer websites.
Analyzing Sales and Profit Data
The Profitable Chrome Extension showed that this product had decent sales, with 33 to 56 sales per month. The profit per unit was £2.18, which gave us a 49% return on investment.
Understanding Competition
Competition is an important factor to consider when analyzing deals on Amazon. If there are too many sellers for a product, it can be difficult to win the buy box and make sales.
Importance of Profitable Rankings
Profitable rankings are a good indicator of how well a product is selling on Amazon. A high profitable ranking means that a product is selling well and has low competition.
Deal #5: Club Card Offer from Tesco
Our fifth and final deal is a club card offer from Tesco. We can buy this product for £4.25 and sell it on Amazon for £12.50.
Analyzing Sales and Profit Data
The Profitable Chrome Extension showed that this product had decent sales, with 33 to 56 sales per month. The profit per unit was £3.56, which gave us an 80% return on investment.
Importance of Gating
Some products on Amazon are gated, which means that you need approval from Amazon to sell them. To get ungated, you need to provide documentation and meet certain requirements.
Using Deals as Inspiration
These deals are just a few examples of the types of products you can sell on Amazon. Use them as inspiration to find your own profitable products and strategies.
Conclusion
In this article, we've shown you five Amazon FBA deals that people are currently selling and where to buy them. We've also provided tips and strategies for analyzing deals and maximizing profits. Remember to use these deals as inspiration and to analyze deals in more detail before making a purchase.
FAQs
Q: What is Amazon FBA?
A: Amazon FBA stands for "fulfillment by Amazon." It's a program that allows sellers to store their products in Amazon's fulfillment centers. Amazon handles the shipping, customer service, and returns for these products.
Q: What is online arbitrage?
A: Online arbitrage involves buying products from retailer websites and reselling them on Amazon.
Q: What is the buy box?
A: The buy box is the section on Amazon where customers can add a product to their cart and make a purchase. The seller who wins the buy box gets all of the sales for that product.
Q: What is private label?
A: Private label involves creating your own branded products to sell on Amazon.
Q: What is wholesale?
A: Wholesale involves buying products in bulk from manufacturers to sell on Amazon.
Introducing AI Chatbot Product
If you're looking to reduce the workload on your customer service team, consider using an AI chatbot like the one offered by VOC.AI. This chatbot can automatically handle customer inquiries and reduce the amount of time your team spends on customer service.
