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I am starting an outsourcing IT Support company, and I want to hire people with autistic spectrum, since I am autistic myself. I would like to know if anyone is interested to invest on it, or if anyone would like to hire our services. The company is based in Colombia. Our website is repshome.com
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It’s 100% how attractive your products are and how you rank in the Amazon system for customer searches.
If you are selling T shirts for 20 dollars with a 5 dollar margin you’re gonna need to sell at least 200/month to hit your target bottom range. This might be impossible, or you could become the number one T shirt seller on Amazon making millions.
I think you need to look into the startup costs and process for ranking on Amazon search to know if this is reasonable or not.
Yeah I follow several people who do it. My former landlord has been racking up several million in sales on there but no idea what he's actually selling or his margins. He built an entire warehouse in New England, so must be doing well.
You can do FBA immediately by signing up for a professional account. It's $40/month and you have the fees added to any item Amazon ships for you. If you do MFA or merchant fulfilled, it's a bit cheaper but your products wont have the Prime logo and you have to make sure you get them out or you'll get dinged by Amazon and could loose your account.
Also, i don't know why folks are saying its about marketing, it's not that its sales and how often an item sells that will give a sales rank. Then there are other services of course.
I have a friend doing about $9MM in revenue each year via FBA. As others have said, it’s all about how good you are at marketing and how good your product is.
Got it. Was just trying to understand if it was like a generic imported product or something with brand value.
What are the actual products here?
I tried it and gave up too soon after I got my product in. I’m glad I learned the process. It’s 100% how attractive your product is.
F
You might be better at making money through Amazon kdp. There’s practically no inventory and Amazon takes care of everything.
I also recommend reading this article I made on 3 no work passive income streams that may help with the extra 1-2k mark
https://medium.com/the-side-hustle-club/my-3-no-work-passive-income-streams-a0890e3a9356