Month 1: Account Setup
Week 1-2: Pre-Requisites
- Gathering the Pre-Requisite documents required for registration.
- Creating LLC, EIN and Reseller Certificate.
- Assigning experienced Amazon Virtual Assistant resource on your store.
Week 2-4: Setting Up
- We create your Amazon Seller Account.
- Assigning experienced Amazon Virtual Assistant resource on your store.
Month 2: Product & Supplier Research
Week 1-2: Product Research
- Identify profitable niches using tools like Jungle Scout or Helium 10.
- Analyze product metrics: sales volume, competition, profit margins.
Week 3-4: Supplier Research
- Find reliable suppliers who are registered on Amazon and they have Letter of Authorization from their respective brands.
- We check the authenticity of the suppliers through our standard practices.
- Contact multiple suppliers and request quotes.
- Finalize the Supplier.
Month 3: Initial Inventory and Listing Creation
Week 1-2: Placing Orders
- Negotiate terms and place a bulk order with your chosen supplier.
- Arrange shipping to an Amazon FBA warehouse.
Week 3: Listing Optimization
- Create high-quality product listings with professional images and keyword-rich titles.
- Write detailed product descriptions and fill out backend keywords.
Week 4: Inventory Arrival and Setup
- Track your shipment to ensure it arrives at the Amazon FBA warehouse.
- Set up initial promotions, including discounts and early reviewer programs.
Month 4: $3,000 Milestone
Week 1-2: Buy Box Optimization
- We strive to win Buy Box.
Week 2-4: Repeat Inventory Cycle
- We tend to repeat each inventory cycle in every 15 days to cater maximum orders.
Month 5: $5,000 Milestone
Week 1-2: Performance Analysis
- Monitor sales data and PPC campaign performance.
- Identify any listing improvements needed based on customer feedback and reviews.
Week 3-4: Inventory Management
- Ensure inventory levels are sufficient to avoid stockouts.
- Reorder inventory as needed based on sales velocity.
Month 6: $10,000 Milestone
Week 1-2: Revenue Review
- Review your financial performance to see if you’re on track towards the $10,000 goal.
- Identify top-performing products and focus on scaling these.
Week 3-4: Product Line Expansion
- Research and add additional products to your portfolio.
- Continue optimizing existing listings and marketing strategies.
Key Activities throughout the Six Months:
- Customer Service: Continuously provide excellent customer service to maintain high ratings and reviews.
- Policy Compliance: Stay updated with Amazon’s policies and adjust your strategies accordingly.
- Market Research: Regularly analyze market trends and competitor strategies to stay competitive.
- Account Health: We focus on improving the overall account health, score and reviews.
- Profit Percentage: We strive to maximize monthly profitability of the store up to 20% - 25% at the end of six months.
By following this six-month roadmap, you can systematically scale your Amazon Wholesale FBA business and work towards achieving $10,000 in revenue. Regular monitoring and adjustments based on performance data will be crucial to your success.
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