Comments on: How to Make Money With Amazon FBA https://www.thewaystowealth.com/make-money/how-to-make-money-on-amazon/ Personal Finance, Money Management and Investing Sun, 02 Jun 2024 11:24:23 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: R.J. Weiss https://www.thewaystowealth.com/make-money/how-to-make-money-on-amazon/#comment-64987 Sun, 12 Jun 2022 23:15:24 +0000 https://www.thewaystowealth.com/?p=7479#comment-64987 In reply to BlueBloodz.

It depends. Most sellers I know, in addition to my own experience launching an FBA business, do it for a few thousand dollars and that’s with ordering inventory from overseas. In my case, product was stored in my home and sent to Amazon’s warehouses based on suppy. I had a partner in the company, but could have easily handled customer service myself.

If you’re looking to launch a larger e-commerce company, one that is going to have a lot of marketing and branding around its launch, you’re going to need significantly more. Overall, if you’re holding back starting an FBA biz because you’re looking for $250,000 in start-up costs, there are options on the table for much less.

]]>
By: BlueBloodz https://www.thewaystowealth.com/make-money/how-to-make-money-on-amazon/#comment-64830 Sat, 11 Jun 2022 06:53:32 +0000 https://www.thewaystowealth.com/?p=7479#comment-64830 You failed to mention the start-up cost. You actually need about $250,000 or so for a “small scale” FBA business with private label. For medium scale it’ll be closer to $500,000. This accounts for:
*Business Fee for USA-$750
*Budget for insurance, permits, and licenses-$2500
*Retal of warehouse facility at $1.76/ft (pricing varies) depending on size $105,000
* Warehouse remodeling (construction of shelves and racks) $20,000
* Office equipment $5,000
* Budget for startup & Inventory $50,000
* Your own Website Launch $600
* If you hire at least 4 employees and for, say 3 months plus utility bills $70,000
* Advertising expenses (business cards, signage, promotions, etc.) $2500
* Miscellaneous $1000
That alone is a $257,350! How many people have that kind of money starting out? The way you explained it some of these could maybe be eliminated. But I don’t see how?

]]>
By: J. Lavooij https://www.thewaystowealth.com/make-money/how-to-make-money-on-amazon/#comment-1603 Mon, 23 Mar 2020 13:42:53 +0000 https://www.thewaystowealth.com/?p=7479#comment-1603 Great post, Marc. And great on selling it for 6 figures. Like the section on the ways to make money. I would include a tool for your readers, which is the JungleScout Marketplace that I recently discovered. I started wholesale with a product sourcing product from that marketplace. Do well and stay safe in these uncertain times!

]]>