Watch out for Amazon's sellers fees
I was looking into the Amazon FBA program and I found a few hurdles. Finding great products was pretty simple. If you take the time you can find many items on sale. In fact there is an app that I downloaded that lets you see what the item you have is selling for on Amazon.
When I scanned the product, I was excited at what price it was currently selling for. I was on cloud nine. I got home and began to set everything up and that's when it hit me. Amazon takes a high percentage for their services. Referral and other fees made it impossible to make a profit with this product.
I'm not saying this to bash Amazon, I'm just saying to do a complete analysis of the pricing and fees before thinking you found a winner. It's all about doing that all important research
When I scanned the product, I was excited at what price it was currently selling for. I was on cloud nine. I got home and began to set everything up and that's when it hit me. Amazon takes a high percentage for their services. Referral and other fees made it impossible to make a profit with this product.
I'm not saying this to bash Amazon, I'm just saying to do a complete analysis of the pricing and fees before thinking you found a winner. It's all about doing that all important research
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Mr Bill -
Thanks
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