06/06/2022
Breakdown Budget for FBA private Label USA Market
Steps we need in PL FBA:
1. Market Analysis (Scope of your business)
2. Product Hunting (According to best criteria)
3. Product Sourcing (From any cheap site)
4. Product Listing (Choose best keywords)
5. Product Advertisement (Choose best strategies)
Budget Distribution:
1) We need a company LLC in USA= $800
Its cost depend on stats
2) Amazon professional account fee= $39.99 per month
6 months account fee= $40x6= $240
3) Brand registry= $1000
After 2nd inventory
4)
· Product Price= $10x500=$5000+$1500
· Product Price= $1x500=$500+$200
5) Patent= $50
6) Samples= $20+$20+$20
When our inventory is ready.
7) Inspection = $200
8) Amazon product photography= $100
9) Amazon product videography= $100
After Brand register 2nd inventory
10) A+/EBC= $150
After 2nd inventory
Advertisement:
· Get reviews= $14x$50=$700 $35x$50= $1750
· Commission= $10x$50=$500 $10x$50= $500
PPC:
· Daily budget=$100
· Monthly budget=$3000
2ndInventory:
· Product Price= $10x1000=$10000+$3000
· Product Price= $1x1000=$1000+$300
Calculation:
LLC + AMZ Fee + Brand Reg + P Price + Patent + P Samples + Inspection + photography + videography + A+ + Ads + PPC = + 2ndinventory
For small product:
$800+$240+$1000+$500+$200+$60+$200+$50+$100+$100+$150+$700+$500+$3000 =$7,600
After 2nd Inventory:
$7,600 + $1000+$300 = $8,900
For big product:
$800+$240+$1000+$5000+$1500+$50+$60+$200+$100+$100+$150+$1750+$500+
$3000= $14,450
After 2nd Inventory:
$14,450 + $10000+$3000 = $ 27,450
And you should also have the capital for your second inventory at the backend. This capital will same as your first inventory cost.
This process will take 6 months to 8 months.
You can earn a profit after 7 months.
If you hire a VA then add its fee to your budget according to your deal.
But ideally, you need $20,000 for a Private Label FBA in the USA.
Keep learning growing together