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We are Live Community stream 🔴
Yoooo We are live until 8pm Est Going over some questions asked by the community, and I have a presentation to help yall in your amazon journey. Come say hi! Ask a question and il do my best to answer them all. Watch live on YouTube if you want to ask a question.
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Month 4 - May Report - First Profitable Month !
May Numbers : - Sales: $7,596.50 - Orders: 157 - Units: 160 - Gross profit: $940.24 - Indirect expenses (prep + software subscriptions): $390.25 - Net profit: $549 - Net margin: 7.24% - Refunds: 11 (6.88% refund rate) - Cash spent on inventory: $3,941.78 Last month I set a simple goal: have my first profitable month in May. Hitting that milestone feels really good, especially because it’s my first month fully on my own after finishing the mentorship cohort with @Anthony Mancini . The anxiety was definitely there, but the work I put in during those three months paid off. The buying decisions I made in April have started to show up this month in May. From a performance standpoint, I actually slowed my spending a bit this month. Life has been life-ing. Between my carpentry job and my commercial cleaning business, I’ve been working 60–70 hours a week, and that has definitely affected how much I can source. Even with that, I still managed to put in around 10–15 hours a week into sourcing. Some days just 1–2 hours, some days 4–5, and some days nothing because I was burnt out to be honest. One thing that’s becoming clear: if I want this to keep growing, I’ll need help. The goal is to get the business consistently profitable enough that it can pay for a VA to source while I’m at my day job or working my cleaning contracts. Realistically, a VA won’t be fully paying for themselves for the first month or two while they train and learn the software and techniques. If I can bring someone on in July or August, that should put me in a strong position heading into Q4. For June, my focus is to ramp up sourcing again and increase my spend, but be much more selective with what I buy. I want to push my net margins to at least 10% after all expenses. The last four months have shown me that this business really is learnable if you’re willing to put in the hours, make mistakes early, and keep refining your process. The first profitable month is a milestone, not the finish line but it’s a big one.
Month 4 - May Report - First Profitable Month !
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The Classroom is LIVE.
I just published The Canadian FBA Roadmap inside the Classroom tab. It's a full video walkthrough of everything you need to get started selling on Amazon in Canada: → Setting up your Seller Central account → Getting your prep supplies ready → Why you need a credit card (and which kind) → Keepa, SellerAmp, SellerBoard explained (with links to get set up) → The cashback stack that saves you money on every purchase → Understanding FBA terms so you're not Googling mid-conversation → Sourcing fundamentals → A "What's Next" guide once you've gone through everything Every lesson has a short video (1-4 minutes) plus written notes. No fluff. No 45-minute lectures. Just the stuff you need. This is free. All of it. For every member. Go to the Classroom tab and start with 1.0 Orientation. Work through it at your own pace. If you get stuck on anything, post your question in the community. The people who actually DO the lessons (not just watch them) are the ones who end up making money. Don't just consume. Take action. And if you finish everything and want the full deep-dive system (advanced Keepa, sourcing machine, shipping, ungating, repricing)... that's coming soon. 👀 Drop a comment if you're starting the Roadmap this week. Let's go.
FBM s FBA
Wondering at what volume shipping costs for FBM are lower than FBA fees? I guess turnaround time can be faster for FBM but seems like FBM sellers often have to undercut in order to compete? For example, this listing: https://www.amazon.ca/dp/B0BW7CWTL6 The FBM seller was having trouble getting sales so dropped to 79.99 whereas FBA sellers are getting sales at roughly 89.
My exact system for building a sourcing database from scratch
Most people start OA by randomly browsing retailer websites hoping to find a deal. That works sometimes. But it is painfully slow and there is zero consistency to it. What changed everything for me was building a seller ID database. Once you have one, you are not guessing anymore. You are working from a list of products that REAL resellers are already selling profitably. Here is exactly how I do it. STEP 1: FIND CROWDED LISTINGS Open Keepa Product Finder and set the minimum FBA offers to something like 8 or 10. You are NOT looking for a good listing to sell on. You are looking for a listing with a LOT of resellers on it. The more sellers, the better for this step. Those sellers are your goldmine. STEP 2: EXTRACT THE SELLER IDs Once you find a crowded listing, scroll down to the Keepa chart. Click the Data tab, then the Offers tab. You will see all the sellers listed there. Copy their seller IDs one by one. Yes it takes a bit of time. That is the point. You are building an asset. STEP 3: VALIDATE EACH SELLER Paste each seller ID into the Keepa Product Finder seller ID section. Check how many products they carry. If they have 15 to 20 or more products listed, they are probably a reseller just like you. Add them to your spreadsheet. If they only have 2 or 3 products, skip them. They are probably just clearing out their garage. STEP 4: TREAT THIS LIKE A SOURCING SESSION Here is the mindset shift that most people miss. Do not try to build your database AND source leads at the same time. Separate the two. Spend a dedicated hour JUST collecting seller IDs. No analyzing products. No checking margins. Just building the list. Then later, you use the list. STEP 5: USE THE DATABASE WITH KEEPA PRODUCT FINDER Once you have a solid list, take 20 seller IDs at a time. Format them as a comma separated list (I just paste my spreadsheet into ChatGPT and ask it to format them). Drop those 20 IDs into Keepa Product Finder and it will pull up every product those 20 sellers carry. That is usually around 1000 listings. Then you apply your filters to narrow it down to a realistic batch you can actually analyze in one sitting.
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FBA Canadian Academy
skool.com/canadafba
Amazon FBA community built for Canadians. $1.8M in sales from Montreal. Canadian sourcing, Keepa, taxes, ungating. Free to join.
Leaderboard (30-day)
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