selling on Amazon FBA
I’ve been selling for a few years and the problem I see with most sellers have is Not Knowing Their Real Costs!!!
If you are going to sell on Amazon (or anywhere else) you need to know all the costs and fees associated with it.
A lot of sellers are losing money every day and still, think they have 30 or 40% margins!
selling on Amazon FBA
You need to know the cost of the product, shipping, exchange rate, taxes, customs duties, freight forward cost, pick and pack fee, Amazon commissions, pay per click advertising, giveaways, returns/refunds, etc
Please do yourself a favor and sell only products with a profit. Don’t try to compete with someone that is selling the same product for $10 when it will cost you $13
Quin Amorim, Host of Amazon FBA Selling Online Podcast