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AI was used in summarizing, so errors may occur. We estimate 95% accuracy but can’t guarantee precision. Verify important information independently. We’re not liable for inaccuracies. For specific topics, listen to the original content using the provided link, starting slightly before the given timestamps.

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Summary

This 4-minute 35-second YouTube video, presented by an Amazon automation consultant, addresses the common question of how long it takes to start profiting from their automation company. The speaker outlines the process from signing up to seeing profits, emphasizing that it’s not an immediate process. Key factors discussed include Amazon’s approval process for new sellers, inventory management, and the timeline for filling inventory, shipping, and selling products. The video provides insights into the challenges new Amazon sellers face and how automation services can help navigate these obstacles.

Main Topics

  1. [00:30] Initial Challenges for New Amazon Sellers

    • New sellers are not approved to sell many brands and products initially.
    • It takes time to fill up the first inventory spend due to limited product approval.
  2. [01:36] Timeline for Inventory Management

    • It takes about 1-2 months to fill up the initial inventory spend.
    • An additional month is needed for inventory to be sent to Amazon and become sellable.
  3. [02:28] Sales Cycle and Profitability

    • The next 30-45 days are spent selling through the inventory.
    • It takes roughly 90 days before seeing profits on Amazon through this automation service.
  4. [03:07] Long-term Strategy and Scaling

    • Continuous monthly spending leads to a regular cycle of inventory rotation and sales.
    • The process becomes more efficient over time as the account gains more approvals and sales history.

Insights

  1. [00:53] Amazon’s approval process for new sellers significantly impacts the initial timeline for profitability.
  2. [01:01] As an account builds sales history, Amazon makes it easier to get approved for more brands and products.
  3. [01:47] The speed of account approval and product accessibility can vary between sellers, described as a “luck of the draw” situation.
  4. [02:52] While the initial process is slow, once sales start coming in and approvals increase, the business can ramp up quickly.
  5. [03:23] Continuous monthly spending on inventory leads to a more consistent cash flow and potential for scaling.
  6. [03:35] Payouts from Amazon come through every two weeks, allowing for reinvestment and compounding of profits.

Notable Data/Statistics

  1. [01:36] It takes about 1-2 months to fill up the initial inventory spend for a new Amazon seller account.
  2. [02:07] The process of getting inventory to Amazon takes about a month: 1-1.5 weeks for suppliers to ship products, 2 weeks for packaging and prep, and 1-1.5 weeks for Amazon to check in the inventory.
  3. [02:32] It takes 30-45 days to sell through the initial inventory once it’s listed on Amazon.
  4. [02:37] The total time from initial investment to seeing profits is approximately 90 days.

Call to Action

  1. [03:23] Consider continuous monthly spending on inventory to establish a regular cycle of sales and inventory rotation.
  2. [03:35] Plan for reinvestment of profits, as Amazon provides payouts every two weeks.
  3. [03:39] Focus on scaling and compounding your Amazon business over time through consistent inventory management.
  4. [03:56] If you’re a new client, use this information to set realistic expectations for when you’ll see your first sales and profits.
  5. [04:17] If you’re interested in learning more about this Amazon automation service, book a 30-minute Zoom call using the link in the video description.

Transcript

How long until you start making a profit on our automation company - Captions