Using ChatGPT-4 for Amazon FBA

Jul 4, 2024

Using ChatGPT-4 for Amazon FBA

Introduction

  • Joe from Strictly Commerce introduces the video.
  • Aim: Using ChatGPT-4 to automate and make money with Amazon FBA.
  • Disclaimer: Joe is new to ChatGPT-4.
  • Video format: Raw experimentation with ChatGPT-4.

Initial Tests

  • Task: Find a list of wholesale distributors in the tri-state area for Dove soaps.
    • ChatGPT-4 suggests general advice and sources like Google, B2B business directories, social media, and local trade shows.
    • Searches for trade shows in New Jersey.
    • Redirects to retail Arbitrage options and market weeks.

Exploring Wholesale Trade Shows

  • Tests for trade shows in Florida.
    • Finds various trade shows: Surf Expo, Global Pet Expo, etc.
    • ChatGPT-4 can’t always find exact trade shows as it provides general top trade shows like ASD Market Week.

Sourcing B2B Platforms

  • Suggests platforms: Alibaba, Thomas Net, Wholesale Central, Yellow Pages, etc.
  • Advised caution: Deep searches in these directories can be fruitful.

Online Arbitrage Sourcing Tips

  • Tips for finding Amazon FBA products through online Arbitrage.
    • Use deal-finding websites: Slickdeals, Rakuten, Honey, etc.
    • Monitor price tracking websites: CamelCamelCamel, Keepa.
    • Join online Arbitrage communities (e.g., Discord groups).
    • Subscribe to newsletters and alerts.

Additional Sourcing Tips

  • Detailed tips for more effective online Arbitrage:
    • Focus on seasonal items.
    • Look for discontinued or limited-edition products.
    • Utilize Amazon-to-Amazon flips.
    • Diversify product categories.
    • Track success and refine strategy.

Useful Online Arbitrage Suppliers & Tools

  • Common suppliers: Walmart, Target, Best Buy, Home Depot, Lowe’s, Kohl’s, Overstock, etc.
  • Lesser-known suppliers: Bulk.com, Tangas, 6pm.com, etc.
  • Even lesser-known suppliers: Bargain Wholesale, Buymarraine.com, etc.

Scaling Amazon FBA Business

  • Strategies to scale FBA:
    • Use software tools like Keepa.
    • Develop a systematic approach for sourcing.
    • Diversify sourcing channels.
    • Focus on replenishable products.
    • Outsource tasks like prep services, VAs.
    • Optimize product listings.

Practical Questions and Tips

  • Practical guidance on FBA-related tasks provided by ChatGPT-4:
    • Labels and dimensions for FNSKU.
    • Building a pallet for Amazon FBA.
  • ChatGPT-4 gives step-by-step advice on these tasks.

Conclusion

  • ChatGPT-4's utility in Amazon FBA assessed:
    • Found it useful for sourcing and operational advice.
    • Encourages further testing and refinement.
    • Open to making follow-up videos if user interest is there.