The 3 Things you Need to Start Dropshipping on Amazon

what's up Paul here from dropshipping Titans comm where I teach you how to start running scale your very own successful drop shipping business and in today's video we're gonna go over the three things that you need to start a successful amazon drop shipping business and if you are interested in amazon drop shipping click on the first link in the description of this video because that's going to alert you every time i make new videos or new content about amazon drop shipping you'll be the first to hear about it so click on that first link that will connect you and I up through facebook Messenger and you'll get those alerts but let's get into the first thing that you need to start a successful amazon drop shipping business and that is of course an Amazon sellers account now I'll leave a link to this website underneath this video this is where you sign up to start an Amazon sellers account now there's two different kinds of sellers accounts there's a professional one that cost $39. 99 a month and if you scroll down here you'll see at the bottom it says sign up to become an individual seller signing up as an individual seller is free it doesn't cost $40 a month but in addition to being charged a fee every time you sell a product like everyone else does when you sell on Amazon will also charge you a one dollar fee for every item that you sell if you sign up as an individual seller as a drop shipper that's going to add up really quickly so I would not recommend that you sign up as an individual seller you want to scroll up here and sign up as a professional seller the second thing that you're going to need is some sort of software that's going to put your items on Amazon in and out of stock if the items go out of stock on your suppliers website so the type of drop shipping that I do is I find items on websites like Walmart calm and I see if they're also available for sale on Amazon and if there's enough money in there for me to make a profit if there is then I list them for sale in SOL my own Amazon account but what happens if someone buys the item from me on Amazon but it's out of stock on walmart. com that's a bad situation to be in because now you can't fulfill the order well there is software out there that will automate this whole stock issue for you so if the item goes out of stock on Walmart it will automatically put the item as out of stock on Amazon as well and that's where web scraper app comes in this is the software that I use to do this and it doesn't really well so this is web scraper app the dashboard when you sign in very set the whole thing up and it tells you a whole bunch of information about how many orders you have you can use web scraper app to actually help you process your orders I don't use it for that now although it's I should really be doing it but it tells you a lot of information about your inventory you can see all the items that you've listed into your Amazon account and it will also show you where you can find those items on your suppliers website so this item if I click on the right on this green button right here that will bring me to the suppliers website I can see the item so once it gets purchased on Amazon I can come back here and see oh yeah this item was supplied on this on Walmart and here it is right here it can quickly get to it works with a ton of different suppliers we can look at all the suppliers right here look at all of them Aliexpress Bed Bath & Beyond builds Belk BJ's Costco cost way Disney eBay Game Stop Home Depot just a ton of them here overstock Petco Sam's Club think geek Walgreens Walmart Zoro so any one of those websites if items are being sold on those web sites you can sell those same items on and again if they go out of stock on those websites web scraper app will automatically make sure that they go out of stock on Amazon as well so you don't sell an item that you can't then purchase and ship to the customer like I said you can also manage all your orders in here as well but really the best thing about this is that once you set it up all you have to do is every time you list an item on Amazon you put that information into web scraper app and it runs in the background just does this automatically on autopilot you don't even have to worry about it which is

really cool and by the way if you're wondering what kind of items I list into my Amazon account I will be creating a video soon talking all about how to do product research for amazon drop shipping so if you are interested in that video make sure to subscribe to the channel and also again click that first link in the description of this video you're gonna alert I'll send you a message on Facebook every time I release an amazon drop shipping video now another problem that comes up a lot if you're a drop shipper is what if you're on Walmart or your you've listed this item from Walmart it was $25 when you listed it but now the price of the item goes up let's say it goes up to $30 and now someone buys it from you on Amazon are you going to lose money now on this sale well no because again web scraper comes in and saves the day for you on autopilot what web scraper app does is every hour it scans or scrapes walmart. com it not only checks if the item is still in stock but also checks if the price has changed then what it does is it sends that data to a second software and this is the third thing that you need to start a successful amazon drop shipping business and that is a software or website called informed dot CEO and I will have lit by the way of links to all this in the description of this video I'll have a link to web scraper app that will be the third link in the description of this video and I also have a coupon code for you if you want to get 30% off the cost of web scraper app you can use that coupon code and I'll have a link to informed underneath that as well for you to check out that so web scraper app sends the data to inform it sends them the price of the item it sends them if there's shipping that needs to be charged so on Walmart all orders $135 on most orders under $35 you're going to be charged shipping so it will tell informed this item cost $24. 95 there's $5. 99 for shipping as well and depending on how you set up your settings and web scraper app it will also let it know that you need an additional percentage for sales tax that depends on how you set up web script though so once informed gets that information it will then reprice the item based on the price on Walmart so specifically what you do is you set up these things called strategies inside informed and what those do is that it takes the price of the item so in this case $25 plus $6 $31 for the item and it says and you tell informed okay for my Walmart items this is the lowest I'll sell it for this markup and then this is the highest that I'll sell it for so it has a range now and it will price the item on Amazon somewhere in that range and where it prices it depends on the competition so here on Amazon if you look on the right you'll see this big yellow button that says add to cart that is the buy box there are several people selling this same item you see all of them right here you can see more of them by opening up right here all these people are selling the same item but this person right here whoever has this box they are getting the majority of the sales so you want to win this by box and one of the main ways to do that is by being competitive with your pricing and informed does that for you so it's going to continually lower your price based on the way you set up your strategy so that you can try to win the buy box try to get this box as many times as you can for as many items as you can and when you get the buy box it really accelerates your sales so if you set up a really good strategy and you use informed with web scraper app it greatly increases your chances of getting the buy box which is really powerful now I know a lot of you might be wondering why do we have to have two different softwares informed and web scraper app why can't there be an all-in-one system well the great thing here is that informed is one of the most trusted Amazon software's it is used by over 4,000 sellers not just merchant fulfilled sellers which is what we do as drop shipping but also FBA sellers as well they use it because it works it helps people get the buy box more and repricing items on Amazon in

order to try to win the buy box is actually pretty difficult but informed has been doing it for a long time they are experts at it so it's actually really cool that we as drop shippers now have a way of using this really incredible software that just simply works really well so again web scraper app will scan Walmart find the stock and restock it will find the prices it does this every hour then send the prices to informed who will actually reprice the items and try to win you the buy box as many times as you can so if you are serious about being successful as an Amazon seller then this is the most powerful software that you have to be using so there you go those are the three things that you need to start successfully drop shipping onto Amazon and again I'll have links to all of them in the description of this video and the first link if you are interested in amazon drop shipping click on that link you'll get a facebook message every time i make a video about amazon drop shipping so you don't miss them and if you liked this video if you learn something from it consider giving it a thumbs up if you loved it make sure to subscribe comment let me know what you think and I'll see you in the next video thanks for watching