On Today’s Show
Skip McGrath gets into more detail about how to set up an Amazon selling business by thinking of an appropriate business name, getting a sales tax number, and opening a business bank account. Skip also shares some of his experience and knowledge about getting started selling on Amazon with $500 or less.Subscribe in iTunes | Subscribe in Stitcher
1 Simple Thing Action:
Set up and organizing your business by deciding on a business name, getting your sales tax number and opening a business bank account.
Mentioned In Episode:
Categories Skip does well at:
Kitchen Tools and Utensils
Home and Garden
Groceries and Gourmet Foods
Stands for Stock Keeping Unit. It’s a number you give your product to identify it with.
Categories and Tips if you do not have a lot of startup capital:
Used Books. There are books you can buy for only .50 cents that you sell for 10 dollars or more.
Retail Arbitrage. Look at the clearance section at Wal-Mart or Target and see what an item is being sold for on Amazon. Sometimes you can find items on clearance for $3.00 that’s being sold on Amazon for $16.95.
Where you import an item and put your own private label on it. That makes you the exclusive seller of that item.
- eBay and Amazon Trainer
- Online Seller, Selling online since 1999
CLICK HERE to connect with Skip Mcgrath on Facebook
CLICK HERE to connect with Skip Mcgrath on Twitter
CLICK HERE to connect with Skip Mcgrath on LinkedIn