In the ever-evolving world of e-commerce, finding a niche that's profitable yet less saturated can be like finding a needle in a haystack.
But what if I told you there's a product that's been overlooked by many, yet holds immense potential?
Yes, you guessed it right - I'm talking about DVDs.
Over the past year, I've sold over $450,000 in sales and managed to sell over 5,000 DVDs for $190,000 on Amazon FBA, and the profits have been solid at around 25%.
Now, I'm pulling back the curtain to share my top 10 insider tips for successfully selling DVDs on Amazon FBA.
Whether you're a seasoned seller looking to diversify your inventory or a newbie just starting your Amazon FBA journey, this guide is packed with actionable insights that can help you maximize your DVD sales.
Let's dive in!
Watch the video below:
1. The Ungating Process: Your First Step
Before you can start selling DVDs on Amazon, you'll need to get ungated. This might sound like a daunting task, but I've discovered a simple trick that can help you breeze through this process.
By using a website called christianbook.com, you can buy 10 copies of a fast-selling DVD, get the invoice, and submit it to Amazon.
Just like that, you're ungated and ready to sell.
Click here if you want a free step by step guide to get ungated including a copy of the invoice?
2. The Power of Good Ranks
When it comes to choosing which DVDs to resell, ranks are your best friend. While DVDs might seem a bit outdated, they can still sell incredibly well.
The golden rule?
Stick to DVDs with a rank under 100,000. This strategy will help you focus on DVDs that have a high turnover rate, maximizing your profits.
For more information on sales rank be sure to check out this free resource my friend Chris created.
3. New vs. Used DVDs: The Profitable Dichotomy
Both new and used DVDs can be profitable.
However, if you're selling used DVDs, ensure that the correct DVD is inside the case and that it's not missing any discs.
Also, check for scratches. Light scratches are generally okay, but deep scratches can significantly decrease the value of the DVD.
I personally don’t use any machines or tools to fix scratches but I’ve heard this inexpensive device on Amazon can help a bit.
4. Low Ranks: A Warning Sign
DVDs with ranks lower than 10,000 should be approached with caution.
These DVDs are more likely to be counterfeits.
Counterfeiters tend to target DVDs that are selling quickly and are current, popular, and trending.
If you want to learn more about identifying counterfeit DVD’s be sure to check out this video I found on YouTube that helped me out a ton.
5. Security Seals: A Badge of Authenticity
Be wary of DVDs sold as new that don't have a security seal. Not all DVDs have them, but those that do are more likely to be authentic. If a DVD is simply wrapped without a security seal, it might have been resealed and may not be new.
6. Manufacturer Discards: A Red Flag
Watch out for DVDs that have a hole drilled into the item or a slash through the UPC. These are manufacturer discards, and you can't sell them as new.
7. The Shake Test: A Quick Quality Check
Here's a quick and easy test you can do: the shake test. If the DVD is shaking inside the case, it's best to sell it as used. DVDs that are loose inside the case often get returned.
8. Multiple Quantities: A Potential Pitfall
Be cautious of DVDs that have multiple quantities available on eBay.com. Especially if the rank is less than 20,000 on Amazon.
If a deal seems too good to be true, it probably is.
These are likely to be counterfeits.
9. Rips in the Plastic: A Sign to Sell as Used
Keep an eye out for rips in the plastic. If there's a significant rip, it's best to sell the DVD as used.
10. Complete Series DVDs: A Counterfeit Hotspot
Be extra careful with complete series DVDs.
These are often the target of counterfeiters. If a deal seems too good to be true, it probably is.
Selling DVDs on Amazon can be a profitable venture, but it's not without its challenges.
Counterfeits are a real concern, and it's crucial to ensure that the DVD’s are authentic before selling in order to keep your Amazon account safe and healthy.
Remember, the key to success in any business is knowledge and taking action.
The more you know, the better decisions you can make.
So, take these tips to heart, do your research, and always be on the lookout for new learning opportunities.
I hope these tips help you on your Amazon FBA journey.
If you're looking for more insights into flipping DVD’s and other items or just selling on Amazon in general, be sure to check out our Reselling Freedom community.
Here you can get additional education, support, and accountability, to grow your Amazon business to the next level.
Until then, happy selling!
Steve w/ “Raiken Profit”