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EXECUTION Decided to start selling on Amazon in Europe, your thoughts?

Discussion in 'Progress/Execution Threads' started by krystian94, Jul 29, 2018.

  1. krystian94
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    krystian94 New Contributor

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    Hi, all. I am from Poland (It is in Europe)
    I have decided I am going to try find a product that I can sell on Amazon.
    I have some questions for you. I have read many topics but could't find answers on below questions.
    Let's start from beginning.

    1. I have to register company - ok, after long research I am going to establish my company in UK.
    2. I have to find a product and add something, value to stand out.
    My question here: Do you know any program that could help me search my best product ?
    3. I have a product, now I have to find a factory in China that will produce it. I have read many topics here and found out it is good ordering just 1 or 2 samples to check if I am satisfied with this product.
    My question here: How can I find my suppliers ? Is there any site showing them or just through google ?
    4. ok, I like these samples and I will order the full amount that will allow to sell on Amazon.
    My questions here: How does the process of arranging a transportation look like ? I read I need to label my product before they reach Amazon's warehouse. There is a topic from one guy who ordered everything to his house and then labeled and delivered to Germany himself. I think in my case it is not possible. I live in a really small apartment and I don't even have enough money to do such thing like deliver it myself.
    5. Finally my product is on Amazon,
    My question here:
    How does the PPC work ? How much money will I have to spend on this at the beggining stage ? How does it look like ? I will need to have some review, how can I contact people to give them free samples or discount in order to they leave review ?

    Final question: Is 2500k Euro enough to start my journey with Amazon ?
    I know I can lost everything but I am not afraid. I prefer spending my money on business and fail than than partying and spending time in 5 stars hotels (I like just travel solo or hitchike)
     
  2. Danny Sullivan
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    Danny Sullivan Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Hey @krystian94

    First of all, Welcome to the forums.

    I will link you a few threads to your questions that are worth reading. There's no simple 1-sentence answer to your questions so i think this is something to start.

    1. What makes you want to start a company in the UK? How does that work out for you?

    2.
    GOLD! - I will help you find a product to sell on Amazon

    GOLD! - Ask me anything about eCommerce (Ongoing)

    3. & 4.
    GOLD! - So you want to know the EXACT steps on how to import and sell products on Amazon? Here you go:

    GOLD! - Sharing my lifetime experience in export/import. Product sourcing specialist.

    5.
    I actually can't recommend a thread here. But it's safe to say you should take a close look to what @Andy Black is doing / posting.

    Edit: This one might help: GOLD! - Paid Advertising Crash Course

    Final question:
    There are people around here that started with less. Depends on your product and how wisely you spend your money.

    Hope this helps. Best of luck!
     
    Last edited: Jul 29, 2018
  3. krystian94
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    krystian94 New Contributor

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    1. What makes you want to start a company in the UK? How does that work out for you?
    If you earn less than 8000 GB which is 40 000 PLN you don't have to pay taxes, at least I understand it like this.

    Thank you very much for everything you posted above.
     
  4. Danny Sullivan
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    Danny Sullivan Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Is this the only reason? Isn't this a bit shortsighted? What happens if you surpass 8000 GBP? What if you get sued? What happens with warranty claims? Would you like to fly over and sit in court because you registered your business there?

    I don't know anything about founding a business in poland, but i would really think twice before i start a company somewhere else than my foreign country in an effort to save taxes without knowing how this could turn out in the long-run.
     
  5. chavo
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    chavo New Contributor

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    What about Brexit? ;)

    Gesendet von meinem BTV-DL09 mit Tapatalk
     
  6. krystian94
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    krystian94 New Contributor

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    Hi,

    No worries, everything is legal :)
     

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