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In todays video we are looking at the FACTS about being an Amazon FBA seller and if its still a good opportunity and worth it to start, or if its too saturated with competition. My goal was to take the most unbiased perspective and just present the facts and data.
Video Timestamps:
The Marketplace
0:46 - Amazon Revenue Growth
1:53 - Amazon Prime Membership Growth
Competition On Amazon
2:56 - Amazon vs 3rd Party Sellers (Revenue)
4:09 - Amazon vs 3r Party Sellers (# of Products)
5:02 - Number of New Sellers On Amazon
6:42 - Amazon Sellers With $100K+ In Sales
Profitability
8:28 - % of Profitable Sellers
8:36 - % of Sellers Profitable 1st Year
8:42 - % of Sellers Who’s Profits Increased Last Year
8:50 - % of Sellers Planning to Continue Selling on Amazon
The Average Amazon Seller
9:55 - Average Monthly Sales
10:42 - Average Time To Be Profitable
11:38 - Business Model
12:31 - Average # of Products
13:00 - Average Money to Start
14:16 - Average Time To Run Business
14:59 - Conclusion
17:15 - Outro
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Whats going on guys, my name is Tanner J Fox & I’m a 7-Figure Amazon seller and self-made multimillionaire entrepreneur. I’m always staying on top of the newest and best strategies to make money online, so I can teach you them!
For more trainings on how to make money online, how to start an online business, and how to work from home and earn a full-time income, make sure you subscribe to my channel!
If you ever have any questions feel free to drop me a message in the comments of this video and I will reply asap!
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