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Question about a service I want to launch

by TeeKay XXX
34 replies
Hey all,

I intend to launch a 'Done for you Amazon FBA business with a guarantee to rank your product to page 1' service and charge $3000 initially to gather some testimonials then raise the price to around $8k+.

In your experience, would the WSO section be a good place to launch a service?

I'll be launching it via a variety of avenues, and this might be one of them.
#launch #question #service
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  • Profile picture of the author Oziboomer
    Originally Posted by TeeKay XXX View Post

    I intend to launch a 'Done for you Amazon FBA business with a guarantee to rank your product to page 1' service and charge $3000 initially to gather some testimonials then raise the price to around $8k+.
    Wow. . . and I thought the monthly $49.95 Amazon is charging Aussie Azon sellers to be extortionate.

    Hi TeeKay,

    Have you launched several FBA businesses that generate several multiples of what you anticipate charging to set up your service?

    Reason I ask is Amazon is contacting Aussie businesses at the moment offering dedicated 12 months account support management included for businesses to join the program here in Australia.

    From the conversations I've had the support is pretty extensive.

    Also another thing to consider is the material and support that is available from someone like Jim Cockrum and his FBA education and support group which is only a fraction of the cost.

    Your guarantee would only be one part of the equation to convincing people to invest such a high sum to do something that can largely do themselves with a little investigation and support of some of the networks that are already out there.

    Maybe share some more of your experience here so people can add their opinions of the idea.

    Best regards,

    Ozi
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  • Profile picture of the author Ettienne
    $3k for testimonials then raise to $8k?

    Hahahaha, no, not warriorforum. Maybe try fairytales.org
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    • Profile picture of the author TeeKay XXX
      $8k would still be cheap in comparison to what the client receives.
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  • Profile picture of the author ryanbiddulph
    TK, when you remove your doubt around it, and get clear, launch it anywhere, and it'll succeed. First though, nudge into those fears and feel 'em; only way to prosper.
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    • Profile picture of the author Gambino
      Originally Posted by ryanbiddulph View Post

      TK, when you remove your doubt around it, and get clear, launch it anywhere, and it'll succeed. First though, nudge into those fears and feel 'em; only way to prosper.
      I really try not to respond to this stuff. But if this is true... Why doesn't the OP just charge $10,000,000 for the service?
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  • Profile picture of the author TeeKay XXX
    Thanks for the responses. I don't have doubt around it, just wanted to test the waters here in the warriorforum as I'm aware that by and large, premium services like this aren't sold here.

    I've built a couple for myself, and know how much work it is, and I intend to go down the route of consulting and services now.

    I get that the information is out there, but the service I'll be offering is a done for you hands off service.

    So that means all the product research and identification, supplier research and negotiation, professional marketing images, listing set up, launch and page 1 rank all done for you.

    I know many people would pay that price just for the page 1 ranking service alone, if they have a product up and running already.

    It's for people who have the money but don't want to invest the time, or just don't want to build the business themselves because it's a lot of work.
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    • Profile picture of the author MSutton
      Originally Posted by TeeKay XXX View Post

      I know many people would pay that price just for the page 1 ranking service alone, if they have a product up and running already
      I'm confused. What are you doing here trying to cold-pitch to strangers if you already know people who would buy your services? I mean, if you know them, then you know where they are, so what are you doing here?

      It's like a shoe salesman looking to sell shoes to people who don't need/want them, yet he knows there is a crowd of barefoot people with cash-in-hand across the street with cold feet looking to buy shoes!

      Cross the street, man!
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      • Profile picture of the author TeeKay XXX
        Very simple - I don't limit my channels unless there's a very good reason to do so. If the right people exist here on the warrior forum to pay me, why wouldn't I contemplate marketing my services here?

        You take whatever there is for the taking in business: cold prospects and warm prospects. I don't see any logic to your objection and hope you don't implement that in any business you're involved in because you'll be leaving $$$$ on the table.

        Like I said, I'd rather screen out the 99% of people as quickly as possible who aren't interested because they think it's too expensive. They can carry on with their day and we can happily part ways. I'm looking for serious clients who want serious results.
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  • Profile picture of the author TeeKay XXX
    And yes, the price isn't for most people. It's for people who recognise that if they have a business built for them that generates more than that one off fee month in month out and they have something they can scale, $3k is absolutely nothing and extremely cheap compared to what the client receives.

    It's too cheap actually, hence I don't intend to take on more than 2 clients at that price.
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    • Profile picture of the author Daniel Evans
      Originally Posted by TeeKay XXX View Post

      And yes, the price isn't for most people. It's for people who recognise that if they have a business built for them that generates more than that one off fee month in month out and they have something they can scale, $3k is absolutely nothing and extremely cheap compared to what the client receives.

      With that confidence, be sure then, not to miss a golden selling point:


      'Your money back if you don't at least break even in the first month'.


      ...or, if your confidence it's that high, state the third month.
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      • Profile picture of the author TeeKay XXX
        Once the business is fully handed over within 90 days, breaking even would be the bare minimum condition in which the client receives it. How they then choose to go forwards depends on their pricing point and marketing strategy.
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        • Profile picture of the author Daniel Evans
          Originally Posted by TeeKay XXX View Post

          Once the business is fully handed over within 90 days, breaking even would be the bare minimum condition in which the client receives it. How they then choose to go forwards depends on their pricing point and marketing strategy.

          That's a fantastic selling point.

          State that they will get their money back at least in the third month if they don't break even, then after which time, with their intervention, it's up to them whether they choose to maintain or improve upon it. Your guarantee is up after the first month and they have free reign.

          I'm not sure many people with the necessary funds would actually refuse that offer, so you're onto a winner here.
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  • Profile picture of the author Oziboomer
    So what is the difference between you setting up the product and business and just selling that business and you trying to find individuals who have the money but don't want to invest the time?

    People who have the money invest in things that are already delivering results or in things where they have a share of the business that delivers the results and they understand the financials involved.

    Investment in a service that finds a product and sets it up for sale on amazon might not meet the type of individual that has the money but not the time.

    Something that was already functioning and could easily be managed is a different story.

    Why wouldn't you just set up the business and then sell the business?

    Best regards,

    Ozi
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    • Profile picture of the author TeeKay XXX
      Building up businesses then selling them is a completely different service, and potentially one I may get into since this my area of expertise.

      The service I'm offering essentially takes away the aspects of setting this business up that are the trickiest and most time consuming. What the client would have to do is choose which product they would want based on the report I provide them, order samples, and pay for stock and shipping (so in reality they will need an extra few thousand dollars on top of my fee).

      My target market isn't people with a few hundred thousand dollars/million who are looking to invest in businesses at this point. I intent to build a consulting base in my area of expertise.

      Plus the guarantee to rank someone to page 1 (because what worth is building an Amazon business for someone with no page 1) makes this a unique offer.
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  • Profile picture of the author Kay King
    premium services like this aren't sold here.

    Premium services have been sold here though not at that pricing level - by those who have a reputation here, have been vetted in some way, etc. A WSO that takes on '2 clients' would not be likely to be approved.


    I know many people would pay that price just for the page 1 ranking service alone, if they have a product up and running already.

    If you know those people and know where they are - should be easy to get the two buyers you need. Your service may be worth every penny you are charging - IF you can target the right audience. A cheap ad on a mainly newbie marketing forum probably isn't a good option.
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  • Profile picture of the author naviown
    I think the price is good as long as you making money with amazon fba and not just from selling products/services. I think you should be good here and receive clients and customers, but you need to show and prove that you making money in amazon.

    I also started researching about amazon fba and I am very interested to have another income source like amazon fba. But not sure where to start.

    have you got maybe youtube channel or any blog or something that shows your credibility ?
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    • Profile picture of the author TeeKay XXX
      No I don't have a blog or any content out there. I've never focused on teaching and selling services. I've just been building my own business as that's what I enjoy the most.

      This service i'm offering wouldn't be my main source of income at all - I find this stuff fun and I'm good at it, so doing it for others is more of a fun side gig,

      Even if 99% of people find it too expensive, that's good with me. I'd rather have them screened out as they aren't the clients I want. People that say $3,000 is expensive (bearing in mind I intend to raise this to $8,000-10,000 soon) are definitely ones I want to stay away from me - I would have paid that in a heartbeat when I started out to save me all the countless hours and stress that comes with building a profitable business. There are consultants that charge that much per hour.
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      • Profile picture of the author MSutton
        Originally Posted by TeeKay XXX View Post

        No I don't have a blog or any content out there. I've never focused on teaching and selling services. I've just been building my own business as that's what I enjoy the most.

        Sounds to me like you're better off just doing what you're doing, then. People who pay money for out-of-the-box success expect that success yesterday and will hold you responsible for lack of success or "not enough". Then they will ask for a refund and, if you don't give it, they will do a chargeback. Either way, you lost all that time with no pay.


        I don't mean to be pessimistic, just realistic.
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        • Profile picture of the author TeeKay XXX
          I'll take smart diversification. Yours is a bit like saying stick to one model just because it's working, don't look to expand into other models and build an even more thriving ecosystem. Terrible advice.
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  • Profile picture of the author luciesmazanska
    3k its too much nobody will buy such an expensive package...
    if it would be 300 it would look more realistic
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    • Profile picture of the author naviown
      Originally Posted by luciesmazanska View Post

      3k its too much nobody will buy such an expensive package...
      if it would be 300 it would look more realistic
      so maybe $30 would be even better?

      Totally disagree with you...
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  • Profile picture of the author Kay King
    Seems to me it would be more efficient to build out some sites yourself - bring them to profit and sell them for big bucks. When you deal with people you add a whole new dimension of problems.


    If you did that a few times and the sites were good - you'd have an audience waiting to buy whatever you produced.
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  • Profile picture of the author MSutton
    Fair enough. But if you truly want to diversity, get into other, unrelated endeavors. But it's your call.

    Good luck to you.
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  • Profile picture of the author naviown
    I agree with other's who saying that better is just concentrate on amazon fba and keep growing. Don't start offering the service if you haven't mastered the fba and haven't made millions of sales. I understand and believe that you are good at fba, but first of all be 100% a master of amazon.
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  • Profile picture of the author Oziboomer
    Perhaps you could use Escrow to handle the finance so the buyer and the seller can see the funds are there to be release upon satisfaction of both parties.

    If you fail to deliver the results the client retains their funds.

    If the requirements aren't met you retain ownership of the business / system.

    That kind of arrangement where a third party won't release funds would reassure purchasers your service was legitimate and that you had confidence in delivering an outcome within the agreed timeframes.

    You would also have the assurance the funds were secured for your work given the other risks associated with chargebacks etc.

    Best regards,

    Ozi
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    • Profile picture of the author Daniel Evans
      Originally Posted by Oziboomer View Post

      Perhaps you could use Escrow to handle the finance so the buyer and the seller can see the funds are there to be release upon satisfaction of both parties.

      Good idea.



      That would seal the deal and surely make the proposal 'ironclad'.
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      • Profile picture of the author naviown
        Originally Posted by Daniel Evans View Post

        Good idea.



        That would seal the deal and surely make the proposal 'ironclad'.
        agree. If such option would be available, I would jump in for sure.
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        • Profile picture of the author TeeKay XXX
          I wouldn't want you as a client if a mere escrow arrangement is what it takes to secure your confidence in the service.

          I'm perfectly fine with most people not becoming a client. I don't want most people. I want results oriented serious people who want to crush it and have full trust.

          If that means 9 out of 10 people feel alienated for whatever reason, then all the better. It's better for both of us to find that out as quick as possible.

          This is something I'm doing on the side, therefore I want a small but high quality client pool that I can work with and put them on an upward spiral.
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          • Profile picture of the author savidge4
            Originally Posted by TeeKay XXX View Post

            I wouldn't want you as a client if a mere escrow arrangement is what it takes to secure your confidence in the service

            This is something I'm doing on the side, therefore I want a small but high quality client pool that I can work with and put them on an upward spiral.
            I have a portion of my business that does CRO... I have a performance based contract. I do this, you will get X in return. I explicitly use ESCROW, as a tool not only for the safety of the client but myself as well... It keeps both ends accountable.

            You need to step back a little and look at the industry you are in, and ultimately WHO has the capital to hire someone as yourself.

            You are saying you don't need to be doing this.. BUT I feel you are probably one of the few to understand that yeah you really need to be doing this. You understand that you NEED to diversify your income stream... there is some pretty shady stuff on the horizon and being in the business of selling stuff is not looking overly promising.. but being in the business of selling a service to those at that point that can.. does look promising.

            YOU need to legitimize your BRAND... a performance based service in that particular industry backed with escrow is pretty much unseen.. and for a reason I might add. No offense to you.. but the type of thing you are doing is dominated by arrogant 20 somethings that don't have a clue.. and YOU need to separate yourself from that.

            You need to be reaching outside of the 20 somethings where the real cash is.. because in the not so distant future the 20 something market.. it will not exist and they will have jobs and not have the ability to afford what you are offering.

            But the other side of this I think you and I know to be true.. you get 10 clients at $10,000 each and you will have an assistant do all the work paying them $1000 each if they are lucky, and all you have to do is get the client.. talk to them a few times and sign it off on the end.. or maybe step in and do some minor correction along the way. Probably a better cash cow than the one you have minus all the risk.

            So.. develop BRAND be Legit.. and YES use escrow.. and scale the operation.. and the only one in your way at this point is you and thinking your ideal client is someone that doesn't care about the money and is going to believe you blindly.

            Best of luck man!
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    • Profile picture of the author TeeKay XXX
      Escrow could be something I do - though if someone wants that type of arrangement solely to feel extra reassured that their money is safe with me, then I don't want their money or them as a client. I want people who understand the value of the service and if they have any fret over being scammed, then they can not waste their time and just not do business with me.

      I'm not bothered if someone's going to pay me 3k, 10k or 50k - if you have an inkling of doubt, I don't want your money. This isn't my main source of income. I've got one client yesterday evening already and after one more I'll be raising my price to either $8,000 or $10,000 plus a percentage of the monthly profits going forward.
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      • Profile picture of the author MSutton
        Originally Posted by TeeKay XXX View Post

        Escrow could be something I do - though if someone wants that type of arrangement solely to feel extra reassured that their money is safe with me, then I don't want their money or them as a client.

        This thread is dead. Red flags everywhere.
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      • Profile picture of the author Daniel Evans
        Originally Posted by TeeKay XXX View Post

        Escrow could be something I do - though if someone wants that type of arrangement solely to feel extra reassured that their money is safe with me, then I don't want their money or them as a client.
        ...and you're out.

        ...or at least every prospect is.

        I'm not bothered if someone's going to pay me 3k, 10k or 50k - if you have an inkling of doubt, I don't want your money.
        Everyone will have an inkling of doubt.

        With that in mind your lack of concern is fortunate, because, based on those expectations you've set, you're not going to get anyone's money.


        You've merely rendered a display in which arrogance fulfilled its own prophecy...
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        • Profile picture of the author TeeKay XXX
          I've stated it already but will do so again - this isn't my main source of income, I am *perfectly fine* with most people not investing due to any reason whatsoever. It's something I'll be doing for a short time because I enjoy it, but I've got other things to focus on for the long term.

          If people think it's arrogant, then that's fine with me as well. All that means is we've found out now rather than later, so our values aren't aligned, therefore I wouldn't want that person as a client and they wouldn't want my services. It's a win-win.
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          • Profile picture of the author Daniel Evans
            I think everyone understood your position. Someone rightly suggested that you focus on your supposed established line of business, instead of a venture which rides on the assumption that people don't instictively carry slight doubts - which they do.

            In that regard, if you uphold your notion and at worse take efforts to defend it, your values won't align with anything other than your own biased agenda....and that's not a 'win' for anything other than your ego.


            Effective business derives from respecting that people naturally have concerns and doubts and taking measures to minimise them as much as possible.
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