Replaceyourfilters.com

From Bitpost wiki

Let's sell some filters!

Tasks:

  • Register to sell on Amazon.
    • We looked into Fullfillment-by-Amazon but it looks like a $5-10 or more overhead per item.
    • For less than 40 orders per month, an Individual account is available with a per-product-sold fee of $.99.
    • For a ProMerchant account, it's $39.99/mo + 15% referral fee for Home and Garden products. Includes tools to manage inventory.
    • They also have a WebStore option - $99.98/mo + 15% referral + 7% commission.
    • They also have a Product Ads option - they list your product and the customer navigates to your site to buy.
  • Check out Yahoo! store options.
    • Merchant Starter Plan is $39.95/mo + 1.5% transaction fee. You have to transfer your domain to Yahoo! You have to market your website. Includes tools to manage inventory.

Sounds to me like the ProMerchant approach would be the fastest ramp-up with the best chance of success. We can work on our own website at the same time that we're selling through Amazon.

Profit Margin Estimate

I clicked through the Individual seller process, and you have to pick an exact item in Amazon's inventory, and set up to sell it yourself. As an example, I could have chosen this item, one of the 3M filters we're going to carry. So it seems you have to click on each individual item with the Individual seller process. I didn't finish the process because I didn't want to have to fulfill an order JUST yet, but we should be able to make this happen pretty easily! Let's compare the markups next...

  • Desc: 3M 2001DC-6 Filtrete Ultra Allergen Reduction Filter 16 by 25 by 1-Inch, 6-Pack
  • "Shipped from and sold by Amazon" for a cost of $94.59 with free supersaver shipping
  • We can get these for... (Gary?) and shipping will cost... (??)
  • I believe that our only Amazon markup will be the %15 referral fee (+ $40/mo)
  • That leaves us with a profit of ... if we undercut Amazon by ...
  • In addition, we can sell directly at replaceyourfilters.com for ... with a profit of ...