Having an FBA (Fulfillment By Amazon) or a seller on Amazon site can bring you good revenue, if done diligently. By that I mean, do your research first, are your products easy enough to market, to ship across to the FBA warehouses, is it costs worthy, will it give you good profit margins after Amazon’s deductions on fees, will it be approved to ship across borders legally, will you keep up good ratings, are you able to tackle your competing prices and not get bulldozed over by competitors leaving you plenty of inventory standstill or sunk costs?
From experience, Amazon first priority is to honour any governing bodies, so your products and how you conduct business must adhere to the rules if not they show no mercy to whatever excuse you have. Amazon can freeze your products to how ever long they see fit until problems are addressed, they can even freeze the products and money coming back to you from your sales. Amazon is also constantly changing in their terms as not to their fault but as governing bodies changes or add rules and specifications so Amazon then rightly so pass these on to you, and you will need to be aware of this in time or your account can be paused/frozen until you answer or make required changes is needed. Bottom line, good to make money online as a passive income or full on your full time online business venture but whatever the kind this kind of venture requires daily monitoring, ignoring the changes, risks, notifications or ignoring growth possibilities will only cause you pain.
Do you need help setting this up? Or for more free consultation on this area, online growth, digital strategy and business analysis matters give me a call on 3065147783 or email me jsiscasamantha@gmail.com
Jenny
Growth hacker, Digital Strategist,
Certified Business Analyst & Requirements Engineering Specialist.
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