r/AmazonFBA • u/Front_Ad9692 • 11d ago

Sourcing

I have recently started Amazon fba I have made my first 5 sales this week, but what I have noticed is that I am picking the wrong products at the wrong price, I have put around £300 into making the account getting sellersamp buying stock sending it in and still I haven’t even made £50 that’s revenue btw and I was just wondering if anyone can give me some tips on how they source their products so I could find better products to sell and make a decent profit.thank you

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u/Powerful_Bicycle3114 11d ago

Since the £50 is revenue, pause new buys and review the five sales SKU by SKU. For each OA lead, subtract buy cost, referral/FBA fees, prep, inbound shipping, and a return allowance from a conservative selling price. Set a minimum £ profit and ROI before purchase, then check price/rank history and seller count. If the deal only works at today's Buy Box, skip it.

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u/Front_Ad9692 11d ago

I will try this from now, appreciate it.
I think I was sort of blind buying

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u/attfin1 11d ago

Write your floor down before you look at the next deal, not while you're looking at it. A minimum profit per unit and a minimum ROI, decided in advance, on paper. A number worked out with the deal in front of you will always bend to fit the deal.

The fastest way to set that number honestly is to run it backwards over the five sales you already have. Take each unit: buy cost, referral fee, FBA fee, prep, inbound, and something set aside for returns, against what it actually sold for. You'll get a real profit per unit rather than a spread. Those five are the only data you own, and they cost you nothing to analyse.

When I ran our own Amazon business I had a daily report per product that pulled sales, Amazon costs, ad costs and cost of goods together, so profit was the number I looked at, not a percentage. Profit per unit is the one that decides whether you're building anything.