Norman_drey
Senior Member
- May 8, 2022
- 1,156
- 499
How long did it take to make your first sales and your first $1k on Amazon FBA?
First sales or first $1kon my first site, about 4 months fron going live. everything was new to me.
I wanna start Amazon FBA, is it very profitable?Why?
No. Amazon is high volume, low margin business.I wanna start Amazon FBA, is it very profitable?
Are you still doing FBA/ ecom?When i first started to sell on amazon, you can make $1,000 profit in a week. However, the competition is very tight now.
Private label is still the way to go. Losing in your first 1-2 month is realistic. However, once you've done your maintenance, private label can make you set for life.
Amazon nowadays is more of an investment rather than a basement operation (I started my business back in 2016 in a basement), so it will be difficult for newbies.
Are you still doing FBA/ ecom?
That's what FBA gurus don't want you to know, unless it's an untapped and private label, or completely customized/designed product, you probably ain't gonna make much profit.No. Amazon is high volume, low margin business.
Making $1k in rev on it is ridiculously easy, but you can expect to be at a loss for 4-7 months before to see some profit of that revenue (assuming it's not a total loss of a product). Junglescout did try it with a product and make like $10k net after 1 year from $220k revenue (not including their time and taxes). This is for private label.
If you just resell other brands (they call it "wholesale" but yeah), then you can directly make profit. But growth is limited and you have to drive around to find great deals to resell.
How long did it take to make your first sales and your first $1k on Amazon FBA?
the process of sourcing goods is very tedious and time consuming but like any business you need to put in the hours for success, would not say growth is limited at all if your putting time into it sourcing profitable products and not scraping 5% profitNo. Amazon is high volume, low margin business.
Making $1k in rev on it is ridiculously easy, but you can expect to be at a loss for 4-7 months before to see some profit of that revenue (assuming it's not a total loss of a product). Junglescout did try it with a product and make like $10k net after 1 year from $220k revenue (not including their time and taxes). This is for private label.
If you just resell other brands (they call it "wholesale" but yeah), then you can directly make profit. But growth is limited and you have to drive around to find great deals to resell.
I agree that gurus talks are full of BS but you don't necessarily need to have one of those two to make a profit.That's what FBA gurus don't want you to know, unless it's an untapped and private label, or completely customized/designed product, you probably ain't gonna make much profit.
Is amazon fba profitable in 2024 Orr just making money for just survivingNo. Amazon is high volume, low margin business.
Making $1k in rev on it is ridiculously easy, but you can expect to be at a loss for 4-7 months before to see some profit of that revenue (assuming it's not a total loss of a product). Junglescout did try it with a product and make like $10k net after 1 year from $220k revenue (not including their time and taxes). This is for private label.
If you just resell other brands (they call it "wholesale" but yeah), then you can directly make profit. But growth is limited and you have to drive around to find great deals to resell.