Discover the latest strategies in our 2024 edition of How to Sell on Amazon: https://www.youtube.com/watch?v=Yx1eLoNdfmc 👀 Want to see Jungle Scout in action? 🌟 GET JUNGLE SCOUT: https://junglescout.video/get-jungle-scout-2023 ****************** Imagine a blueprint, a step by step guide - a case study where we peel back the curtains and show you exactly what it takes to sell on Amazon. 💻 Welcome to the Million Dollar Case Study Season 5! 💻 Throughout this series, watch over Lenny's shoulder as he launches a new product on Amazon. You'll also get a deeper insight into the thinking behind each step - more than we’ve ever shown you before. There will be guests along the way to share their perspectives and sit down for Amazon Real Talk, discussing the pretty side and not so pretty side of selling on Amazon in 2020. In episode 6️⃣, watch as Lenny performs final profitability checks on his product idea, and finally places an order! Download the Purchase Order Agreement Template here: https://jnglsct.com/po-template Download the FBA Profit Calculator here: https://jnglsct.com/profit-calculator 0:00 Welcome to Episode 6 0:22 Silence & Meditation 1:30 Basic Profitability Checks Revisited in the Product Tracker 1:43 Lenny Chooses the Product! 3:29 Amazon Real Talk: Morning Success Rituals 6:32 Using the JS FBA Profit Calculator for more Profitability Checks 8:20 Calculating your Sales Price 12:41 Determining the FOB Price 13:10 Calculating Shipping Costs 13:40 Shipping Products less than 200KG 14:25 Rough Rules of Thumb for Calculating Shipping Costs 15:54 Calculating the Domestic Shipping Cost 16:08 Landed Costs 16:24 Calculating FBA Fees 18:16 Calculating your Approximate PPC Costs 19:33 Evaluating Profit & ROI 20:56 Calculating Worst Case Scenario Pricing 22:46 Using Amazon’s FBA Calculator 25:50 Interpreting Total Unit Costs 26:50 Start-Up Costs 32:45 Placing Your First Order 33:03 Lenny Places His Order 34:27 Using Purchase Order Agreements 38:50 Paying your Supplier 40:59 How You Can Follow Along: the Million Dollar Case Study Challenge 41:19 What’s Coming Up Next Week 🗣 Join the Million Dollar Case Study Community: https://jnglsct.com/mdcs5-6 🗣 🎬 ADDITIONAL FREE VIDEO RESOURCES 🎬 ► Complete Guide to How to Sell on Amazon FBA for Beginners 2020: https://jnglsct.com/htsoa_3 📚 LEARN HOW TO SELL ON AMAZON FROM GREG MERCER 📚 📺 30+ hours of step by step video instruction 🖥 Monthly live Q&As 🥇 1 year of Jungle Scout 👩💻 VIP customer support 👥 Exclusive community ▶︎ Learn more here: https://jnglsct.com/freedom ☀️ WE’D LOVE TO CONNECT WITH YOU ☀️ Start Selling: http://jnglsct.com/start-selling Grow Your Business: http://jnglsct.com/amazon-sellers Instagram: http://jnglsct.com/ig Facebook: http://jnglsct.com/fb ✓ SUBSCRIBE TO OUR CHANNEL so you never miss a video: http://jnglsct.com/subscribe ✓ #JungleScout #AmazonFBA #HowtoSellonAmazon