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Hi Travis. First of all, lemme tell you I am loving the content you’re creating with practical examples. I have a question... when asking for samples from the manufacturer, is it possible to ask to have them made already customized with your private label or is it just the generic product? Thank you in advance.
Hi Travis, Long time no see. Have you guys looked into doing at least part of mfg. in the U.S. Especially after a track record of sales. Or at least the expensive part of Mfg. It just seems to "on time" local manufacturing could outweigh a lot of the other expenses related to getting it done overseas. It takes a lot of research but that's what I'm finding works well with some of my own private label stuff. Actually, I'm doing some in house work with piece work as well. You would be surprised how, with American ingenuity you can save some big money... especially with our situation at this time. Years ago I had a business where I had folks doing piece work out of their home. There's a huge work force of shut ins or people unable to go outside their home. Put your thinking cap on! Thanx, -keith
Travis, 40 sales/day x $7 profit per unit = $280/day in lost profit (Not $400). He said he was out-of-stock for a whole month (10:30), A month has 30 days (not 365 days), so $280x30=$8,400 in lost profit for the month. Then you say "that's over $100K in lost sales". Huh? You're really confusing me. Glad you're not my CPA. Other than that, a good video.
Check out new JT Franco video at minute 3:55 Travis 😉 I mean, I research TH-cam like many many people and I recognised your thumbnail/face shape in 1min... that is really low and knife in the back saying X TH-camrs give bad advise and of course many people will recognise those thumbnails. Is brilliant though.
Thank you so much for this video and other videos! I've learned from your videos so much! and I thought about how I can "payback". So I want to share one of my secrets on my Amazon store and how I do it. I was looking for you'll talk about the manage stock. And how I got this. 03:5909:44 First I like to say why I even thought about it, and why It troubles me. I didn't want to come even near to run out of stock.For beginning I didn't care even my stock will arrive in 90 days. I had no issue with that. But what if I'll run out of stock? So be the best thing is to ship it by air. But it's so expensive! For me. It cost 3.55$ USD per kilogram. By sea it is much cheaper. 1.62$ USD. per kilogram. But here's my problem. for the factory in China takes 14 days to produce and pack my product. 2 more days to ship it to the seaport, one day for custom clearance, 25 days to ship it to USA. One day for custom clearance in the US seaport. and 3 days to arrive at Amazon It's a lot of time!!! 46 days without having any issues in the factory, Shipment, i.e. So what if I'll have issues? That will be longer... For air shipment it takes: 14 days to produce and pack my product. one more day to ship it to the airport, one day for custom clearance, 3 days to ship it to USA. One day for custom cleaners in the US airport. and 2 days to arrive at Amazon.= 22 days to ship it. I wanted to have a fast shipment in case of emergency but still ship it the cheapest way I can. So I thought to myself what if I'll still ship it by sea, But make a reserved stock in a case of emergency and ship it till my sea shipment will arrive? For example. You're selling 10 units per day. And the ship by sea takes you 45 days. so 10*45=450 reserved units. I checked fulfillment storage in China. But close to the airport. Mine is 70 kilometers away from the airport. So in that case it takes: one day to arrive at the airport. one day for costume clearance in China 3 days ship by air. one day for costume clearance in the USA. And one day for the ship to Amazon. = 7 days for the shipment So for the example (10 units per day). you need to ship the reserved stock in case of emergency when you've 70 units left! and ask the factory for new stock. And how you can cover this expense? I did very simple math: Unit cost me X per one including any costs. I multiply it by a year. And add the Y reserved unit costs per year for the annual stock. Y is a reserved unit plus the storage cost per unit. So it: X+Y=Z. (Z is how much stock cost you till it sells on Amazon). Z/356 days/selles per day = Z1 (Z1 it the cost per unit) I hope I helped you guys to avoid running out of stock! Guys I don't recommend doing it for any new stock! Use it only in the case of an emergency. Try to manage your stock well. I use it for example when I have an issue with the factory when it has a problem with the package, Or one of my competitive ran out of stock and I get boosted on my sells because all his costumers came to me, etc. but make a reserve emergency stock and store in just any case will pop up. And Travis that is my gift, Thank you for being so nice and kind. You can use my idea however you like, Thank you
@@salemsaeed6907 You're welcome. I work a full-time job in hight-tech. And I have a few investments I made. And I'm trading in Amazon. (Right now with only one product, And soon I'll add one more).
Thanks for informing about the weight cost. Will keep that in mind. Do you have a video about think to know when dealing with oversea suppliers and things to be careful when shipping products? thank you
Hey Travis, I've noticed in a video that you went to check your products, can i send my first shipment to a 3PL close to where I live and then check the products myself before sending them to the Amazon warehouse?
Hey Travis , I was wondering if you can make a vedio on " how to price your product "? As a beginner it's quite difficult to forecast your advertising and marketing cost . Secondly , If someone intend to procure fitness supplements from China and then ship your product to USA . Does he still need to fulfill FDA related requirement like certifications while going through customs . I would highly appreciate if you can enlighten me on this . Thank you so much I would highly appreciate if you can
Hello sidd 1) you price your product by assessing your competitors prices and finalize the competitor who's spot you'd like to compete for. Price your product competitively. Ensure at least a 25% profit margin. 2) your advertising cost will depend on the specific product you've chosen. Given the competition that you're aiming for you'll Budget the advertising and marketing costs accordingly. You'll have a daily budget in place for your campaigns. It depends on how rigorously you want to go for the desired spot and rank. 3) The Best way to go about is to make a "dummy listing" . This allows you to open up a case with Amazon support and inquire if there are any certifications that they require for you to be able to sell without any issues. If you need personalized in depth help reach out to me on my email. I'll help you free of cost Trained Amazon virtual assistant zaigham.tauqeer@gmail.com
Compared to even 5 years ago Amazon has increased the price so much. I am wondering if there will be other emerging companies who will do the same thing but with the lower price.
Is this a private label product or did he actually create it? Also is it me or some of these calcs totally off, in a business of slim margins rounding up or giving lazy numbers seems deliberate.
Hello, thanks for your videos, you are motivating me to open a company. I am from Spain, now I will start selling on Amazon to save money. Once I have money I will soon open a company since I have a very good idea and I would like to consult before I also want to do your course thanks for everything
@@KingFahkii bro, you have to send your UPC to the manufacturer to stick them on your product and send them directly to Amazon... or you ship the shipment to your house and then label the units yourself and send them to amazon... this is what I know, look it up on youtube
Use your best judgment but you are doing it wrong if you're using Amazon. If you want to know the winning strategy, the one that fools don't use, reply to my comment and I will tell everyone here.
@@printpainting1293 Go the shopify route. Stop paying Jeff Bozos all those fees that cut deep into your profits. Hell, if you are going to use an eCom platform like Amazon, youre better off with eBay! But dont do that either. Research Shopify stores and make your own store, one you have 100% control with. You can even drop ship from there. Find a product that sells well or a good niche and focus on that. Print on Demand Tshirts and merch is good too if you are good at photoshop and can design well. And you dont even need to keep an overhead. Also with drop shipping you can find merchants on Ali Express that ship FROM the US (if you are in the US.) If you are worried about shipping, buy some products and keep them in house in a storage shed, your attic, in a shipping container, rent out a warehouse or a building to keep your stuff in there (get insurance!!!). There are many ways to make money online but Amazon FBA is by far the worst! Hell you can just put out TH-cam videos (like many of these so-called "gurus" do!) they are making bank!
Wait wait wait...you're telling me his total revenue was over 300k and after all fees his profit was less than 50k? that's horrible!! regardless of how effortless the business is.... lol the lessons learned are helpful though, thanks for the video!
Heyy... What i know so far... You need lots of money first. I'm 16 i don't know anything about these but, how do you make money without product? Is it dropshifting? Pls tell me how can i make money without spending much. I don't have that many allowance by the way. I got 100 USD for 1 - 3 months. Yeahh i think i can't survive in amazon fba.
Get a sheet (you know those cloth things they put on beds?). get a decent room with good lighting. Get a good camera, place your product on a flat surface, take some pics, done.
These specific pictures were done by someone that doesn’t do Amazon FBA photography anymore. But there are plenty of people on Fiverr that do a great job. A buddy of mine in Los Angeles does them for me now. I can connect you with him if you are interested. Feel free to message me on TH-cam or on IG @EmanLosAngeles
@@TravisMarziani He asked you a direct question, you could have at least answered him instead of using a bot program for your auto-responses. This is low tier low effort and peak laziness and just shows me and everyone else here that I am 100% right about you.
Go to passionproduct.com to join my Amazon Fba Program. The program includes: 150+ Step by step video lessons Live Weekly Q&A Calls Private Mastermind Group +Much more Click on passionproduct.com and put in your email to receive more information.
Thanks for sharing. We should also remember this was his gross profit, not net profit. So we also have to consider other business expenses such as bookkeeping, etc. It kinda worries me that his gross margin decreased from 40% to 20% even though his overall numbers increased. I'm aiming for 60-70% gross margin at that scale, so after my other business expenses, my NET profit margin would be in the 30-40% range. What do you guys think? Not trying to be a critic; just trying to start a convo and hear some other perspectives.
As many as he can until the amazon FBA hype gravy train runs dry. It already is for some people. Ive been following this for a while now and most of the prominent Amazon FBA youtubers gave up and jumped ship! LOL
Because he can because you choose to give it to Jeff Bozos. Stop choosing bad behavior and bad things wont happen to you. Choose a better strategy and stop making rich people more rich!
Amazon is making a fortune off of you and all your hard work. $325k a year and your take home is $70k. Does that even include taxes? I'm happy for your success and happy you're happy. But, I think its bs what Amazon does. Excuse my word choice but Amazon is raping you financially.
Hey J D, it’s true, Amazon takes so much of my money but I agree that Amazon brings all the customers, they store my inventory, and handle shipping and returns. I treat them as an (expensive) employee. But it’s also the honest truth of Amazon FBA, they take a lot of your money but it’s all a part of the business. As I mentioned in the video, I am also scaling and ordering more bulk units and coming out with newer products so that also plays a role since I haven’t received that money as profit yet.
@@emanlosangeles I am proud of both of you! I'm excited and happy for both of you! I fully understand it is what it is. I know its necessary to use Amazon. I'm criticizing them for their greed. The amount of money that goes straight to them is astronomical! Even the Sharks on Shark Tank heavily criticize BEZOS for what he's done and is doing with Amazon. For someone just starting out, who may have tons of real business/entrepreneurship experience, unless you have the money for start up, without putting yourself further in debt, that's a tremendous amount of money to come up with. As a business person and fellow human being, if I'm working my butt off and making 325k and my cut is only 70k, I may as well have taken a pay day loan at 400% interest. I'm just saying how I feel. I'm not criticizing either of you. It is just flat out greed that Amazon exhibits. It's getting worse too. Now, they steal from you and make the same products while bumping you out of the scene. Some people REALLY NEED these opportunities for survival and family, not even considering vacations, fun, a better house or even a house at all. I feel bitter about Amazon's business practices. They are thieves
@@jd5476 You are not alone. That is why I always focus on brand with my products now. There is no point in keeping your products a secret. Amazon or other competitors will allows try and compete with you. Embrace it, talk about it, and go all-in with branding. If I learned anything throughout these past two years selling on Amazon is that I should have focused on Social Media heavier. I am not making that mistake anymore.
Go to freeamazonprogram.com to join my FREE Amazon FBA course.
Free Course Benefits:
8+ Hours of step-by-step video lessons
Amazon FBA Success Checklists
Exclusive Templates
+Much more
Click on freeamazonprogram.com and put in your email to receive more information.
Great video. The only honest assessment of running a business on Amazon FBA. Thanks Travis & Eman.
Hi Travis. First of all, lemme tell you I am loving the content you’re creating with practical examples. I have a question... when asking for samples from the manufacturer, is it possible to ask to have them made already customized with your private label or is it just the generic product? Thank you in advance.
Travis and Eman, thanks for sharing!
Hi Travis, Long time no see. Have you guys looked into doing at least part of mfg. in the U.S. Especially after a track record of sales. Or at least the expensive part of Mfg. It just seems to "on time" local manufacturing could outweigh a lot of the other expenses related to getting it done overseas. It takes a lot of research but that's what I'm finding works well with some of my own private label stuff. Actually, I'm doing some in house work with piece work as well. You would be surprised how, with American ingenuity you can save some big money... especially with our situation at this time. Years ago I had a business where I had folks doing piece work out of their home. There's a huge work force of shut ins or people unable to go outside their home. Put your thinking cap on! Thanx, -keith
I would not call it mistakes, Just fine tuning
Travis, 40 sales/day x $7 profit per unit = $280/day in lost profit (Not $400). He said he was out-of-stock for a whole month (10:30), A month has 30 days (not 365 days), so $280x30=$8,400 in lost profit for the month. Then you say "that's over $100K in lost sales". Huh? You're really confusing me. Glad you're not my CPA. Other than that, a good video.
Thanks Travis for a great VDO. Does the product get a Trademark? Should I get the trademark for my first listing?
Check out new JT Franco video at minute 3:55 Travis 😉 I mean, I research TH-cam like many many people and I recognised your thumbnail/face shape in 1min... that is really low and knife in the back saying X TH-camrs give bad advise and of course many people will recognise those thumbnails. Is brilliant though.
@@TravisMarziani Many of us have decided that you are a fraud and are doing nothing but spouting BS for views.
Love the channel! Just wondering how all the taxes will work?
Thank you so much for this video and other videos!
I've learned from your videos so much! and I thought about how I can "payback".
So I want to share one of my secrets on my Amazon store and how I do it.
I was looking for you'll talk about the manage stock. And how I got this.
03:59 09:44
First I like to say why I even thought about it, and why It troubles me.
I didn't want to come even near to run out of stock.For beginning I didn't care even my stock will arrive in 90 days. I had no issue with that. But what if I'll run out of stock?
So be the best thing is to ship it by air.
But it's so expensive! For me. It cost 3.55$ USD per kilogram.
By sea it is much cheaper. 1.62$ USD. per kilogram.
But here's my problem. for the factory in China takes 14 days to produce and pack my product. 2 more days to ship it to the seaport, one day for custom clearance, 25 days to ship it to USA. One day for custom clearance in the US seaport. and 3 days to arrive at Amazon
It's a lot of time!!! 46 days without having any issues in the factory, Shipment, i.e. So what if I'll have issues? That will be longer...
For air shipment it takes: 14 days to produce and pack my product. one more day to ship it to the airport, one day for custom clearance, 3 days to ship it to USA. One day
for custom cleaners in the US airport. and 2 days to arrive at Amazon.= 22 days to ship it.
I wanted to have a fast shipment in case of emergency but still ship it the cheapest way I can.
So I thought to myself what if I'll still ship it by sea, But make a reserved stock in a case of emergency and ship it till my sea shipment will arrive?
For example. You're selling 10 units per day. And the ship by sea takes you 45 days. so 10*45=450 reserved units.
I checked fulfillment storage in China. But close to the airport. Mine is 70 kilometers away from the airport.
So in that case it takes: one day to arrive at the airport. one day for costume clearance in China 3 days ship by air. one day for costume clearance in the USA. And one day for the ship to Amazon.
= 7 days for the shipment
So for the example (10 units per day). you need to ship the reserved stock in case of emergency when you've 70 units left! and ask the factory for new stock.
And how you can cover this expense?
I did very simple math: Unit cost me X per one including any costs. I multiply it by a year. And add the Y reserved unit costs per year for the annual stock.
Y is a reserved unit plus the storage cost per unit.
So it: X+Y=Z. (Z is how much stock cost you till it sells on Amazon).
Z/356 days/selles per day = Z1 (Z1 it the cost per unit)
I hope I helped you guys to avoid running out of stock!
Guys I don't recommend doing it for any new stock! Use it only in the case of an emergency. Try to manage your stock well.
I use it for example when I have an issue with the factory when it has a problem with the package, Or one of my competitive ran out of stock and I get boosted on my sells because all his costumers came to me, etc. but make a reserve emergency stock and store in just any case will pop up.
And Travis that is my gift, Thank you for being so nice and kind. You can use my idea however you like, Thank you
@@TravisMarziani Thank you for the reply. I'll be selling for 2 years this April
@@Ray-pt5su
thanks for the tips.. is amazon fba your primary source of income or you also work in a full-time job?
@@salemsaeed6907 You're welcome.
I work a full-time job in hight-tech. And I have a few investments I made. And I'm trading in Amazon. (Right now with only one product, And soon I'll add one more).
thx 4 sharing your experience
Thanks for informing about the weight cost. Will keep that in mind. Do you have a video about think to know when dealing with oversea suppliers and things to be careful when shipping products? thank you
watching you from Japan please create a video about Amazon Japan market
I always enjoy watching your videos but I am confused the thumbnail says -$20 000. But after watching the video it doesn't say how he has lost 20k?
Hey Travis,
I've noticed in a video that you went to check your products, can i send my first shipment to a 3PL close to where I live and then check the products myself before sending them to the Amazon warehouse?
Hey Travis ,
I was wondering if you can make a vedio on " how to price your product "?
As a beginner it's quite difficult to forecast your advertising and marketing cost . Secondly , If someone intend to procure fitness supplements from China and then ship your product to USA .
Does he still need to fulfill FDA related requirement like certifications while going through customs .
I would highly appreciate if you can enlighten me on this .
Thank you so much
I would highly appreciate if you can
Hello sidd
1) you price your product by assessing your competitors prices and finalize the competitor who's spot you'd like to compete for. Price your product competitively. Ensure at least a 25% profit margin.
2) your advertising cost will depend on the specific product you've chosen. Given the competition that you're aiming for you'll Budget the advertising and marketing costs accordingly. You'll have a daily budget in place for your campaigns. It depends on how rigorously you want to go for the desired spot and rank.
3) The Best way to go about is to make a "dummy listing" . This allows you to open up a case with Amazon support and inquire if there are any certifications that they require for you to be able to sell without any issues.
If you need personalized in depth help reach out to me on my email. I'll help you free of cost
Trained Amazon virtual assistant
zaigham.tauqeer@gmail.com
And sidd I'm assuming you've already filed for your brand registry. Assuming you've doing private label.
The ppl who dislike this video go somewhere else then! I think these videos are great!
Maybe the dislikes are from exes
@@jenniferogbuagu3202 lmfao!!! Hahah yeah!
Did Eman use any *social media* before launching? (tick-tok, face book, IG, etc)
What able the pest spray amazon requires for items being shipped in from china?
Do you know how much it would've cost you to send by sea shipping instead?
Revenue - 1Million Dollars
Amazon Fees - 990k
Profit - 10k
I think Amazon is the real winner
you are great guys
Compared to even 5 years ago Amazon has increased the price so much. I am wondering if there will be other emerging companies who will do the same thing but with the lower price.
@@TravisMarziani hopefully Walmart
Is this a private label product or did he actually create it? Also is it me or some of these calcs totally off, in a business of slim margins rounding up or giving lazy numbers seems deliberate.
Nail, meet hammer.
Something more costings r missing..being specific to nos regarding to FBA..Travis.. however..dis is great video UI👍
In which part of the world would one buy legal supplements from right now
Hello, thanks for your videos, you are motivating me to open a company. I am from Spain, now I will start selling on Amazon to save money. Once I have money I will soon open a company since I have a very good idea and I would like to consult before I also want to do your course thanks for everything
Do you ship the UPC labels to Amazon? Or...? I noticed in all the vids it doesn’t really explain
@@TravisMarziani didn’t answer the question big guy 😂
@@KingFahkii
bro, you have to send your UPC to the manufacturer to stick them on your product and send them directly to Amazon... or you ship the shipment to your house and then label the units yourself and send them to amazon... this is what I know, look it up on youtube
@@salemsaeed6907 I appreciate the response
Does Amazon favor products in there search that are shipped via FBA VS your own fulfillment
Is it ever worth selling third party products? I.e. products you didn’t make yourself ,
@@TravisMarziani thanks dude. Very useful advice. Take care and stay safe.
Inventory qn- Amazon only allows 200 units per product. So at which storage amount we need to reorder?
Use your best judgment but you are doing it wrong if you're using Amazon. If you want to know the winning strategy, the one that fools don't use, reply to my comment and I will tell everyone here.
@@alfredharrison597 what's the strategy?
@@printpainting1293 Go the shopify route. Stop paying Jeff Bozos all those fees that cut deep into your profits. Hell, if you are going to use an eCom platform like Amazon, youre better off with eBay! But dont do that either.
Research Shopify stores and make your own store, one you have 100% control with. You can even drop ship from there. Find a product that sells well or a good niche and focus on that.
Print on Demand Tshirts and merch is good too if you are good at photoshop and can design well. And you dont even need to keep an overhead. Also with drop shipping you can find merchants on Ali Express that ship FROM the US (if you are in the US.)
If you are worried about shipping, buy some products and keep them in house in a storage shed, your attic, in a shipping container, rent out a warehouse or a building to keep your stuff in there (get insurance!!!).
There are many ways to make money online but Amazon FBA is by far the worst! Hell you can just put out TH-cam videos (like many of these so-called "gurus" do!) they are making bank!
@@alfredharrison597 will take a look, thnks.
@@printpainting1293 GL to you!
Wait wait wait...you're telling me his total revenue was over 300k and after all fees his profit was less than 50k? that's horrible!! regardless of how effortless the business is.... lol the lessons learned are helpful though, thanks for the video!
Heyy...
What i know so far... You need lots of money first. I'm 16 i don't know anything about these but, how do you make money without product? Is it dropshifting? Pls tell me how can i make money without spending much.
I don't have that many allowance by the way. I got 100 USD for 1 - 3 months. Yeahh i think i can't survive in amazon fba.
And i've been only watching video so far
Is there a specific recommendation you suggest for professional photography?
Get a sheet (you know those cloth things they put on beds?). get a decent room with good lighting. Get a good camera, place your product on a flat surface, take some pics, done.
what is the picture service you used?
These specific pictures were done by someone that doesn’t do Amazon FBA photography anymore. But there are plenty of people on Fiverr that do a great job.
A buddy of mine in Los Angeles does them for me now. I can connect you with him if you are interested. Feel free to message me on TH-cam or on IG @EmanLosAngeles
@@TravisMarziani He asked you a direct question, you could have at least answered him instead of using a bot program for your auto-responses. This is low tier low effort and peak laziness and just shows me and everyone else here that I am 100% right about you.
Nice video! Can I do FBA if I don't reside in the USA and am not a US citizen?
Go to passionproduct.com to join my Amazon Fba Program.
The program includes:
150+ Step by step video lessons
Live Weekly Q&A Calls
Private Mastermind Group
+Much more
Click on passionproduct.com and put in your email to receive more information.
Thanks for sharing. We should also remember this was his gross profit, not net profit. So we also have to consider other business expenses such as bookkeeping, etc. It kinda worries me that his gross margin decreased from 40% to 20% even though his overall numbers increased. I'm aiming for 60-70% gross margin at that scale, so after my other business expenses, my NET profit margin would be in the 30-40% range. What do you guys think? Not trying to be a critic; just trying to start a convo and hear some other perspectives.
How many of these "I tried Amazon for x" videos are u going to make?
As many as he can until the amazon FBA hype gravy train runs dry. It already is for some people. Ive been following this for a while now and most of the prominent Amazon FBA youtubers gave up and jumped ship! LOL
Why does Amazon take so much of my money? 😭
😂😂
@@TravisMarziani As long as your audience finds it helpful, it’s all that matters!
for pays Us Amazon employes XD. We are running every day with no pause for delivery you're packages
@@SpiffyGolfTV I definitely respect that!
Because he can because you choose to give it to Jeff Bozos. Stop choosing bad behavior and bad things wont happen to you. Choose a better strategy and stop making rich people more rich!
You lost me when you said 7x40 is 400
"Guru maths" lol! Must have been a student of common core.
Man get outta here! There’s another platform that you don’t have to pay people anything! I’m good on Amazon
@@TravisMarziani You do not deserve to know.
Amazon is making a fortune off of you and all your hard work. $325k a year and your take home is $70k. Does that even include taxes? I'm happy for your success and happy you're happy. But, I think its bs what Amazon does. Excuse my word choice but Amazon is raping you financially.
Amazon brings the clients + handles logistics (wich cost money and are a pain in the ... to handle)
Hey J D, it’s true, Amazon takes so much of my money but I agree that Amazon brings all the customers, they store my inventory, and handle shipping and returns. I treat them as an (expensive) employee.
But it’s also the honest truth of Amazon FBA, they take a lot of your money but it’s all a part of the business.
As I mentioned in the video, I am also scaling and ordering more bulk units and coming out with newer products so that also plays a role since I haven’t received that money as profit yet.
Thats why you gotta have your own website on the side.
@@emanlosangeles I am proud of both of you! I'm excited and happy for both of you! I fully understand it is what it is. I know its necessary to use Amazon. I'm criticizing them for their greed. The amount of money that goes straight to them is astronomical! Even the Sharks on Shark Tank heavily criticize BEZOS for what he's done and is doing with Amazon.
For someone just starting out, who may have tons of real business/entrepreneurship experience, unless you have the money for start up, without putting yourself further in debt, that's a tremendous amount of money to come up with.
As a business person and fellow human being, if I'm working my butt off and making 325k and my cut is only 70k, I may as well have taken a pay day loan at 400% interest. I'm just saying how I feel. I'm not criticizing either of you. It is just flat out greed that Amazon exhibits. It's getting worse too. Now, they steal from you and make the same products while bumping you out of the scene. Some people REALLY NEED these opportunities for survival and family, not even considering vacations, fun, a better house or even a house at all. I feel bitter about Amazon's business practices. They are thieves
@@jd5476 You are not alone. That is why I always focus on brand with my products now. There is no point in keeping your products a secret. Amazon or other competitors will allows try and compete with you. Embrace it, talk about it, and go all-in with branding.
If I learned anything throughout these past two years selling on Amazon is that I should have focused on Social Media heavier. I am not making that mistake anymore.
"honest" results.
You're cynicism prevents you from seeing things objectively.