So what should you sell on Amazon FBA to make the Big Money? Read This...
Have you seen the Amazon FBA webinars that are floating around the internet?
In them the gurus propose that the secret to making great money on Fulfillment By Amazon (Amazon FBA) involves selling light weight items; like silicone spatulas and toy helicopters -- for big profit.
You see light weight items are:
- cheaper to purchase (and private label)
- take up less space
- easier to ship
But here's a problem.
When everyone is selling the same item:
- competition increases
- prices go up
- the market is saturated
The domain amazon.com attracted at least 615 million visitors annually by 2008, twice the number of Walmart.Amazon attracts approximately 65 million customers to its US website per month.The company has also invested heavily on a massive amount of server capacity for its website, especially to handle the excessive traffic during the December Christmas holiday season. In addition to amazon.com, there are different versions of Amazon for several different countries, each varying in assortment and prices.
As of December 2013, in alphabetical order by region, these are:
Asia: amazon.cn or z.cn (China), amazon.in (India), amazon.co.jp (Japan).
North America: amazon.ca (Canada), amazon.com.mx (Mexico).
South America: amazon.com.br (Brazil).
All of these Amazon FBA gurus are telling us how much money we can make selling items on Amazon. Yet, they are selling us memberships to the tune of $997 to $4,000 dollars.
It seems to me that the REAL money may not be in:
- running all over looking for items (sourcing)
- packing and shipping
- paying Amazon's per item fees
- paying Amazon's monthly fee ($40) to warehouse items
But instead it may be in selling $997 memberships to several hundred members each month through automated webinars.
Anyway, if you are thinking about getting into the whole Amazon FBA thing you may want to check out this link: