My First 3 Amazon Products... (Failures + Success)

The video is about the YouTuber's experience with his first three Amazon products, discussing both the failures and successes he encountered along the way.

This video by Dan Vas was published on Jan 31, 2022.
Video length: 27:33.

The video is about the creator's experience with their first three Amazon products, which were both failures and successes.

They discuss their journey, motivation, and thoughts during the failures and before reaching success. The creator shares specific numbers regarding their starting investment, revenue, and sales numbers for each product. They also talk about their first product, teeth whitening charcoal, and how it was a trending product at the time.

However, the product was seized by Health Canada at the port of Vancouver for missing English and French ingredients on the label, leading to its failure.

• The video is about the YouTuber's experience with his first three Amazon products.
• He discusses both the failures and successes he encountered along the way.
• The video aims to motivate viewers who are starting out with Amazon FBA or online business.
• The YouTuber shares his struggles, journey, and motivation during the process.
• He provides a disclaimer that the numbers mentioned in the video are approximate and based on his memory.
• The YouTuber's first product attempt on Amazon FBA was teeth whitening charcoal.
• He was confident in this product because it was a big trend at the time.
• The product was promoted on social media and had high demand.
• He invested about $2,200, including shipping, for a first MOQ order of 500 units.
• The cost per unit, including shipping, was around $4 to $5.
• The YouTuber decided to sell the product on Amazon Canada because there was less competition.
• He aimed to get a portion of the sales, around 10k to 20k a month.
• However, the product was seized by Health Canada at the port of Vancouver for missing English and French ingredients on the label.
• He was devastated because he couldn't change the label on the product.
• This failure taught him the importance of proper labeling and compliance with regulations.
• After the failure of the teeth whitening charcoal, the YouTuber decided to try selling bamboo toothbrushes.
• He saw it as a more sustainable and eco-friendly product.
• He invested about $1,000 for a first MOQ order of 500 units.
• The cost per unit, including shipping, was around $2.
• The product had some success, making around $1,000 to $2,000 in sales per month.
• The YouTuber's first Amazon product had to be labeled in both English and French.
• He didn't realize this requirement and had to find a solution.
• The supplier suggested changing the labels at the port, but it was not feasible for the YouTuber.
• He decided to destroy the product and lost $200.
• The lesson learned was to do thorough research and ensure compliance with regulations.
• The YouTuber realized that starting an Amazon business in the US might be easier due to fewer regulations.
• Canada has stricter rules, especially for customs and importing products.
• Although it is possible to have a successful ecommerce business in Canada, the YouTuber decided to focus on the US market for his next product.
• He acknowledged that the Canada experiment was a failure but saw it as a learning opportunity.
• He started looking for a second product immediately.
• The YouTuber experienced ups and downs in motivation throughout his entrepreneurial journey.
• He credited his positive mindset to reading books by successful entrepreneurs like Tai Lopez.
• Despite feeling discouraged, he believed that as long as he didn't give up, he couldn't fail.
• He developed a "bulletproof shield" to let negativity bounce off him.
• His motivation led him to search for a second product.
• The YouTuber discovered a trend of sliding barn doors in the southern states of the US.
• He found a product called the barn door roller guide through Amazon product research.
• He saw an opportunity to create a better brand and compete with the top sellers in the market.
• He sourced the product from China and invested $1,400 for the first order of 500 pieces.
• The cost per unit was $2.80, and he believed it could generate significant income.
• Shipped the product from China to the US, but had to pay a lot for shipping.
• Decided to sell the product on Amazon USA.
• Started selling the product, but only sold 2-3 units a day.
• Product never took off and demand was not high enough compared to top competitors.
• Realized the product was not going to be a winner and started searching for a new product.
• Sold out of the product and broke even.
• Launched third product while still selling the second one.
• Lesson learned: Do not invest in a product with low demand.
• First sale on Amazon boosted motivation and confidence.
• First sale confirmed the potential to make money independently.
• Product

  My First 3 Amazon Products... (Failures + Success) - YouTube

  

  Introduction

  • The video is about the YouTuber's experience with his first three Amazon products.
  • He discusses both the failures and successes he encountered along the way.
  • The video aims to motivate viewers who are starting out with Amazon FBA or online business.
  • The YouTuber shares his struggles, journey, and motivation during the process.
  • He provides a disclaimer that the numbers mentioned in the video are approximate and based on his memory.
  

  First Product: Teeth Whitening Charcoal

  • The YouTuber's first product attempt on Amazon FBA was teeth whitening charcoal.
  • He was confident in this product because it was a big trend at the time.
  • The product was promoted on social media and had high demand.
  • He invested about $2,200, including shipping, for a first MOQ order of 500 units.
  • The cost per unit, including shipping, was around $4 to $5.
  

  Challenges and Failure

  • The YouTuber decided to sell the product on Amazon Canada because there was less competition.
  • He aimed to get a portion of the sales, around 10k to 20k a month.
  • However, the product was seized by Health Canada at the port of Vancouver for missing English and French ingredients on the label.
  • He was devastated because he couldn't change the label on the product.
  • This failure taught him the importance of proper labeling and compliance with regulations.
  

  My First 3 Amazon Products... (Failures + Success) - YouTube

  Second Product: Bamboo Toothbrushes

  • After the failure of the teeth whitening charcoal, the YouTuber decided to try selling bamboo toothbrushes.
  • He saw it as a more sustainable and eco-friendly product.
  • He invested about $1,000 for a first MOQ order of 500 units.
  • The cost per unit, including shipping, was around $2.
  • The product had some success, making around $1,000 to $2,000 in sales per month.
  

  Failure 1: Language Barrier

  • The YouTuber's first Amazon product had to be labeled in both English and French.
  • He didn't realize this requirement and had to find a solution.
  • The supplier suggested changing the labels at the port, but it was not feasible for the YouTuber.
  • He decided to destroy the product and lost $200.
  • The lesson learned was to do thorough research and ensure compliance with regulations.
  

  Failure 2: Stricter Regulations in Canada

  • The YouTuber realized that starting an Amazon business in the US might be easier due to fewer regulations.
  • Canada has stricter rules, especially for customs and importing products.
  • Although it is possible to have a successful ecommerce business in Canada, the YouTuber decided to focus on the US market for his next product.
  • He acknowledged that the Canada experiment was a failure but saw it as a learning opportunity.
  • He started looking for a second product immediately.
  

  Thoughts and Motivation

  • The YouTuber experienced ups and downs in motivation throughout his entrepreneurial journey.
  • He credited his positive mindset to reading books by successful entrepreneurs like Tai Lopez.
  • Despite feeling discouraged, he believed that as long as he didn't give up, he couldn't fail.
  • He developed a "bulletproof shield" to let negativity bounce off him.
  • His motivation led him to search for a second product.
  

  Success 1: Barn Door Roller Guide

  • The YouTuber discovered a trend of sliding barn doors in the southern states of the US.
  • He found a product called the barn door roller guide through Amazon product research.
  • He saw an opportunity to create a better brand and compete with the top sellers in the market.
  • He sourced the product from China and invested $1,400 for the first order of 500 pieces.
  • The cost per unit was $2.80, and he believed it could generate significant income.
  

  First Product: Teeth Whitening Charcoal

  • Shipped the product from China to the US, but had to pay a lot for shipping.
  • Decided to sell the product on Amazon USA.
  • Started selling the product, but only sold 2-3 units a day.
  • Product never took off and demand was not high enough compared to top competitors.
  • Realized the product was not going to be a winner and started searching for a new product.
  

  Second Product: Barn Door Roller Guide

  • Sold out of the product and broke even.
  • Launched third product while still selling the second one.
  • Lesson learned: Do not invest in a product with low demand.
  • First sale on Amazon boosted motivation and confidence.
  • First sale confirmed the potential to make money independently.
  

  Third Product: Micro Needle Derma Roller

  • Product had a lot of problems selling on Amazon due to being considered a medical device.
  • Invested $1800 in the first order of 400 units.
  • Listing got deleted due to FDA regulations, but the product was within the approved needle length.
  • Managed to get the listing reinstated after contacting Amazon for two weeks.
  • Product became a smash hit and made $165,000 a month when it was up.
  

  Product reinstated and success

  • One of the agents reinstated the YouTuber's product on Amazon.
  • One week after the product was reinstated, it hit $32,000 a month in revenue.
  • The YouTuber was in the Bahamas with his friend when he saw the sales coming in.
  • He made over $1,000 in a single day, which was more money than he had ever made before.
  • This success motivated him to continue expanding his Amazon business.
  

  Emotional moment and motivation

  • The YouTuber describes the moment as one of the most emotional and transformational in his life.
  • He had tears in his eyes because it confirmed everything he had worked for.
  • Since then, he has had many similar moments of success.
  • He mentions making his first $100k and his first million, as well as changing someone's life through his consulting and courses.
  • This success with his product gave him the motivation to keep going and expanding.
  

  Introduction to the jade roller product

  • The YouTuber introduces the jade roller as his fourth product.
  • He got into the jade roller before it became a popular trend.
  • He sold the green jade roller, not the pink one.
  • At the time, there were only two or three sellers for this product on Amazon.
  • The jade roller is currently making a lot of money, but it is a very competitive product.
  

  Discovering the jade roller and launching it

  • The YouTuber's mom casually mentioned the jade roller to him while he was doing product research.
  • He had no idea what the jade roller was, but he saw that it was a good product with potential.
  • The top competitor was making $16,000 a month in revenue.
  • He saw that the product was growing in popularity based on Google Trends.
  • His intuition and his mom's intuition told him that the jade roller would be a hit for his brand.
  

  First Amazon Product: Derma Roller

  • Invested about three to four thousand into an order of a thousand units.
  • Product cost about three to four dollars per unit including shipping.
  • Product exploded and generated 40k a month in revenue.
  • Started getting bad reviews because the product was breaking in the mail.
  • Asked supplier to add extra packing material to fix the issue.
  • Derma roller and jade roller brought consistent 20k a month in profit.
  

  First Road Trip and YouTube Videos

  • Did a road trip across the United States using Amazon profits.
  • Optimized PPC and did product research during the road trip.
  • Started doing YouTube videos and launched the first econ freedom Amazon FBA course.
  • The course exploded and changed the YouTuber's life.
  • Launched the course in November, but this part of the video is in the summer.
  

  Changes in Launching Amazon Products

  • No unique selling point (USP) was needed back then.
  • Now, improving the product and having a USP is essential.
  • Looking at top negative reviews helps identify areas for improvement.
  • Shipping costs have gone up, so air shipping is no longer viable.
  • Using sea shipping is now the norm.
  • Building a brand and diversifying income to Shopify is important.
  

  Building Intrinsic Value and Resale Value

  • Building a brand is crucial for resale value.
  • Having an Amazon storefront selling random products has low resale value.
  • Building intrinsic value and resell value into the business is important.
  • Reselling the business becomes easier with a brand and intrinsic value.
  • Building a brand also allows for sales on other platforms like Shopify.
  • Take advantage of new sources of traffic from social media platforms.
  

  My First 3 Amazon Products... (Failures + Success)

  • The YouTuber discusses the importance of building a brand and a line of products to maximize profit when selling a business.
  • He shares his experience with his first three Amazon products, including both failures and successes.
  • He mentions the jade roll and derma roller as examples of his successful products.
  • The YouTuber believes that sharing his journey and experiences will motivate others.
  • He mentions that his current focus is on helping people start successful e-commerce businesses and building a new brand in the food and beverage industry.
  • He invites viewers to join a seven-day free trial of his Amazon FBA course, which has received positive reviews and has had numerous success stories.

  Watch the video on YouTube:
  My First 3 Amazon Products... (Failures + Success) - YouTube