I am currently in a mentorship and in addition to working on my private label products, I have been going through a list of wholesalers spreadsheets and running those through an analyzer. Does anyone else have any tips for this?
I find the products I find to be very high competition, no profit or sold by amazon. There are dozens of sellers on each listing. How does any of them make profit? You can see listings like this all over Amazon and new sellers keep joining.
I am doing FBA and am wondering what are other people’s experiences with this method.
That is because they are chasing the “dream” and mislead by the perception of amazon. Its not only amazon its the nefarious “wholesale outlets” that are out to grab any one for a sale.
The entire eco system that encapsulates amazon is one huge lie…
You see the issue now, your observations are very real.
All the Amazon gurus distributing these spreadsheets are making money out of their turnover numbers being advertised to potential customers. In reality, they are just turning money from Amazon lending and making little to no profit.
If it sounds too attractive to be true, then you are correct.