This podcast is created in relation to my previous Amazon FBA related post but that is:
“𝐀𝐦𝐚𝐳𝐨𝐧 𝐅𝐁𝐀 𝐢𝐬 𝐧𝐨𝐭 𝐩𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐥𝐞 if you are planning to sell from Pakistan on a small scale.
It is easier and more profitable to sell a course rather than selling on Amazon that is why everyone is selling an Amazon Course. Haven’t you notice this trend nowadays?
The Trainers will show you a dream, lure you by explaining how big Amazon is and how people are making money on Amazon.
The only thing you have to do is: find a good product and send it to Amazon that is it.
Amazon will do the rest. They will pack it, ship it and provide all the customer support.
You will make money while you are asleep and there isn’t any better model than FBA.
Yayy! You are ready to lose your wallet because you want to earn while you are asleep. And trainer will assure you that he has a secret formula to find a good product.
𝑪𝒉𝒂𝒍 𝑩𝒉𝒂𝒊 𝑨𝒃𝒃 𝒁𝒂𝒎𝒎𝒆𝒏 𝑷𝒆𝒓 𝑾𝒂𝒑𝒂𝒔 𝑨𝒂 𝑱𝒂𝒂𝒂.
Here is the reality: Amazon charges you around 35% of your selling price. I repeat “they charge you on your selling price”.
Meaning if your product cost is dollars $ 8 and you sell it for $13.88 then Amazon cut is $4.86 at each sale.
Groos profit = Selling price – Amazon cut – your cost so, $13.88 – $ 4.86 -$ 8 = $1.02
Now our gross profit is $1.02.
Hold on, we are not done yet. we haven’t calculated storage fees, return products loss etc… You will also pay Amazon pro account monthly fees that is $39.99.
There are other additional charges as well but time being yahan break lgatay hain.
Zra Socho bahi 8 dollar kee product $13.88 mein bee sale ker k faida nahi hoo rha hai, on top of that Amazon pay you after two weeks.
𝑰𝒔 𝒊𝒕 𝒎𝒆𝒂𝒏 𝒕𝒉𝒂𝒕 𝒑𝒆𝒐𝒑𝒍𝒆 𝒂𝒓𝒆 𝒏𝒐𝒕 𝒎𝒂𝒌𝒊𝒏𝒈 𝒎𝒐𝒏𝒆𝒚 𝒐𝒏 𝑨𝒎𝒂𝒛𝒐𝒏?
Nope. But most of them live abroad, and they are working on a large scale.
Normally people are working on thin margins. Let’s say 2 to 5 percent
So it is no way, a get rich quick scheme, and there isn’t anything secret in this business.
For you, you have many additional hurdles. And trust me registering a business abroad is the easiest one.
You also need to hire an accountant to file your taxes in states. Normally, these accountants work on monthly retainer that is expensive. You will also pay conversion charges when you receive money in Pakistan.
So guys run your number before buying any course/training.
𝑰 𝒂𝒎 𝒏𝒐𝒕 𝒂𝒈𝒂𝒊𝒏𝒔𝒕 𝒂𝒏𝒚 𝒑𝒂𝒊𝒅 𝒄𝒐𝒖𝒓𝒔𝒆, 𝒂𝒏𝒅 𝑰 𝒅𝒐 𝒏𝒐𝒕 𝒘𝒂𝒏𝒕 𝒕𝒐 𝒅𝒊𝒔𝒄𝒐𝒖𝒓𝒂𝒈𝒆 𝒂𝒏𝒚𝒐𝒏𝒆 𝒃𝒖𝒕 𝒚𝒐𝒖 𝒈𝒖𝒚𝒔 𝒏𝒆𝒆𝒅 𝒕𝒐 𝒌𝒏𝒐𝒘 𝒕𝒉𝒆 𝒃𝒊𝒈𝒈𝒆𝒓 𝒑𝒊𝒄𝒕𝒖𝒓𝒆.