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The Amazon Files, hosted by Kristin Ostrander and Amy Feierman Amazon business strategists and founders of Mommy Income, hits the airwaves every Tuesday with the real truth about selling on Amazon. This show isn’t about sugar-coated reality. It’s real truth - the good, the bad and the ugly - shared with practical action steps and strategies to help both new and experienced sellers tackle the world’s largest retail sales platform.

Jan 9, 2018

Sometimes it may seem that starting an Amazon FBA business can be a huge investment of time and money. In reality, it can be relatively inexpensive to start! In fact, many new FBA sellers start their businesses with as little as $500 or less!

 

Today’s episode is all about starting an Amazon FBA business with a budget of $500 or less. We discuss where to buy inventory, how to spend your $500, as well as the tools, apps, and add-ons you need to start as an Amazon FBA seller and much more.


“When you start out with the business mindset, you’re going to take the time and effort to put toward your business.” - Amy Feierman


This weeks on Amazon Files:

 

  • Separating business and personal, and how to use an EIN
  • Pro account vs. individual seller
  • Basic needs to be met, like supplies, and shipping boxes
  • Giving yourself the platform you need
  • Where to find inventory to sell
  • Getting used to the process
  • Tips on what to look for when product sourcing
  • How to identify possible quick turnarounds
  • Important item prep info
  • Why you shouldn’t to get a scan fob when you’re just starting out
  • When to move to retail arbitrage
  • Quick advice for beginners

 

Resources Mentioned:

 



Grow Your Amazon Business

Thanks for tuning into this week’s episode of The Amazon Files, the show to help Amazon seller along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. If you enjoyed this episode, head over to iTunes, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Visit us on Facebook each week for a live discussion on how to grow your Amazon business and check out our website for even more resources.