Hey everyone. I'm thinking about jumping into the FBA world and start to sell items on Amazon. My question is, is it too saturated? I'm not looking to become a millionaire from it (although would not complain), but to try it out and supplement my income. Also any tips/pointers would be VERY much appreciated
In general FBA is a saturated and dirty world. Make sure you understand your margins which includes the cost of your product and the cut that amazon takes. You may also want to take advantage of professional review services. I heard some products pay people to "buy" the product so they get the verified review status and then let them keep it. Know that there will be people deep down the FBA rabbit hole doing dirty shit to get on top and you need to understand the tricks to succeed
People will hijack your listing and sell fake products, competitors will leave you bad reviews, buy and return, and make enough complaints that Amazon will shut down your account. And if you survive and your product becomes popular, Jeff Bezos himself will fuck you up by introducing the same product under Amazon Basics
Don't do it. If you want to be involved instead sell others on the idea and charge for your "course" on how to resell items from ali.
I did it via an alibaba product stupidest idea ever. You have to pay for ads, juke reviews, margins super low, amazon screws you if your inventory is great that 6 months. Only do it if you have an existing product. I still want to kill my former business partner for badgering us to do this idea.
What was the most challenging thing ypu faced? I was just going to start with a small inventory to see how it goes then scale from there if i had success
Also did yall ever get on page 1?
do you have a product?
I have product ideas, but i wanted to get info from people before investing money to get product and run the risk of it not selling. I been watching youtube videos, but all i see are "Make 35k a month selling on Amazon" or the get rich quick. I know it takes work, but im looking for passive income
Passive income: dividends, distributions from a trust Not passive income: Being a merchant on a marketplace