FULL QUESTIONS AND SOLUTIONS
GRADED A+
◍ What is Amazon FBA?.
Answer: Fulfilled by Amazon
◍ What is FBM?.
Answer: Fulfilled by merchant
◍ What is generally cheaper fulfilled by Amazon or fulfilled by merchant?.
Answer: Fulfilled by Amazon
◍ On helium tin 10 what does the magnet tool do?.
Answer: It finds high volume search terms that are relevant to your entered
keyword
◍ To find highly popular products being sold, where do you go on Amazon's
website?.
Answer: The best sellers tab
◍ On helium 10 what does the x-ray tool do?.
Answer: It tells you how much money a product is making
◍ Why are riches in niches?.
Answer: Less or no competition, more on point messaging, justifies higher
price because it's so specific (you can solve their problem better than a
generic, commoditized solution)
◍ On helium 10 what is the black box tool?.
Answer: Helps Amazon sellers find profitable product opportunities based
on specific filters and data. Black Box lets you search through Amazon's
product database using customizable criteria like: • Monthly revenue • Price
, range • Review count • Rating • Category • Weight & size • Sales estimates
• Competition level
◍ What is the minimum amount of money that you should sell a product for?.
Answer: $15
◍ When doing product research what is the general price range that you should
look to sell between?.
Answer: Between $15 and $85
◍ What is generally the maximum amount of money that you should sell a
product for?.
Answer: $85
◍ When doing product research how much should your product weigh?.
Answer: Under 1 pound
◍ What are good category and sub category products to begin your search in?.
Answer: Baby products, beauty and personal care, grocery and gourmet food
◍ How do you find a manufacturer?.
Answer: Alibaba
◍ What is trade assurance?.
Answer: Alibaba put your money into an escrow account and until you feel
everything is legitimate then the supplier of manufacturer will be paid
◍ Pros and cons of air shipping.
Answer: It's faster but more expensive
◍ Pros and cons of shipping by sea.
Answer: Cheaper in price but will take 4 to 6 weeks to arrive to destination
◍ What are products that you can generally avoid to sell?.
Answer: Seasonal products and products below $15 and above $85
◍ What is private labeling?.
Answer: Finding a product with demand, source it usually from Alibaba or
domestic manufacturers, put your own brand on it, send the inventory to