Hello, just a question to you guys, Is amazon FBA still worthy?
Absolutely NOT. A complete rip off. They take all your earnings, sting you on advertising costs, mess you about on UPS collections, lose your inventory at depots and send really rude crappy automated emails threatening to freeze your account and any money it. My advice, stay clear and do TikTok or Spotify if you’re that desperate. Bit above all stay away from AMZ they are horrendous.
Plus close your account if u cancel the credit card on file. Then in order to view yr account, you can’t unless u first provide an updated credit card. Blackmail you. This happened to me yesterday. Total scam!!
It worth it but you have to have the right tools and patience not a get rich quick scheme as the instagram influencers lie to everyone.
I recently started selling and paid for a product researcher on Fiverr. It wasn’t bad when I first ordered my product, although there were already 20+ sellers and prices were fairly stable at that time, which was in December. Fast forward to now, after sending my products to Amazon, there are 50+ sellers and I can’t compete because they’re lowering the price like crazy, even below my break-even point. My product has been on Amazon for a month already and I’ve had zero sales. This is for OA; I’m not sure how it compares to other business models.
You need to play a different game now… You build your brand outside Amazon, and once you have established a brand, you find people searching for your brand’s name on Google, you can add Amazon FBA as another channel of selling (and at that moment, you’ll have a better unit cost, which will help compensate for the high FBA fees.