26/07/2024
Budget Breakdown Of Wholesale Of USA Marketplace:
1st Month:
LLC(Complete Package) = $700-$800 (Depends upon the state).
Website creation = 100-150$.
VA Salary=300-400$(Working on hunting of brands and distributors and getting approvals from them).
Total Cost = 1300-1400$.
2nd Month:
Testing a few products and purchase them in a low quantity only for checking that the products are profitable and the products have sales or not.
For Example: If the sourcing price of one unit of 4 different products is 20$ and we buy 20 units of each then the total cost is
20$(Per unit)×4(Products)=80$
80$×20(Units)=1600$
Prep Service Fee:
0.7$(Per each unit )×80(Total
units of all 4 products)=56$
VA Salary: 300-400$.
Professional Account fee: 40$.
Total Cost: 2000-2100$.
3rd Month:
If we buy 70 units of each product and our total products are four and the price of per unit of each product is 20$ then
70(Total pieces of per product)×20$=1400$
1400(Total cost of each product)×4(Total)=5600$
VA Salary: 300-400$.
Professional Account Fee: 40$.
Total Cost: 6000-6100$.
If you have guys more investment like 7-8K$ dollars, then you can also go with more expensive products. And obviously if products are expensive then you can also earn a good profit from that products. It totally depends upon your budget.
Why Wholesale FBA is the safest business model?
FBA Wholesale is the safest module of Amazon because it has more advantages and fewer risks with ROI 25-30%
Wholesale Success Rate: 75-85%.