Is Amazon FBA Still Worth Starting? Too Competitive? **UNBIASED FACTS**

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Is Amazon FBA Still Worth Starting? Too Competitive? UNBIASED FACTS

Рет қаралды 3,213

Күн бұрын

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
🆕 ZonMachines Amazon Course Updated For 2020 ➤ www.zonmachine...
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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Пікірлер: 30

@Almighty_Dill_Pickle 3 жыл бұрын

Ive watch u for years and never started it idk why

@MAYURPATIL-zx1nz 3 жыл бұрын

Start now dude

@ALCRAN2010 3 жыл бұрын

We are just dreamers. maybe?

@vonksummer9099 3 жыл бұрын

Bro omg same 😂😂

@MrFreedomforyou 3 жыл бұрын

Me too I can't seem to get out of my own way

@RSPerformance-RS3EVO 3 жыл бұрын

Thanks for sharing brotha!! Good to see u back! Hopefully you make more vids

@jakemiles4470 3 жыл бұрын

I am so glad you are back!! Thanks to your tips I sell around 30k a month!

@CultureShockAddict 3 жыл бұрын

How long have you been doing Amazon?

@RSPerformance-RS3EVO 3 жыл бұрын

This is Robert by the way bro hope you been good! I just started my new KZfaq channel building it with cars and lifestyle as I go !

@WhataCrazyPanda Жыл бұрын

You still alive brother? Hope all is well man. Blessings, watched you for years as a teenager now I’m 24 years old. Wish you still made content man, would love to know if your previous strategies are still applicable today. Also, would love to help in anyway I can I’m skilled in sales, accounting, business management. Look forward to you answering some time. 🙏🏼

@Modioman69 8 ай бұрын

I’ve been wondering what happened with Tanner, even if he’s not making content would be good to know he’s okay. My brain thinks “did he lose his money, is he in trouble, is he bored of entrepreneur content, how are his businesses etc”. Dude’s info is gold and I learned a lot from him.

@WhataCrazyPanda 8 ай бұрын

@@Modioman69 I’m sure he ran up the bag big time and desired a private life and to find some answers. Would love to know that he’s well, def one of the most transparent and honest people in the game.

@losangchampa7160 3 жыл бұрын

Is it a bad idea to have one store sell random different items? Or is it better to stick to one market?

@kimberly5928 3 жыл бұрын

Awesome Video!…Thank you for this information!😎

@AXEL450289 3 жыл бұрын

People who think Amazon is too competitive should be looking at the FB ads dropshipping space, there is no barrier to entry, no stock and not even real business registration is required haha I find Amazon being not very competitive in comparaison

@Modioman69 8 ай бұрын

Where would you get info on this, mainly looking for a good source of info on KZfaq if you have any recommendations. And Is it still profitable?

@Axel_Facebookads 8 ай бұрын

I have been in the drop space for 5 years, started in 2016 and quit for new business in 2019@@Modioman69

@tramainegardner8873 3 жыл бұрын

Hey I'm 16 turning 17 in april and I'm looking to get into Amazon selling too. But I dont know how to, do you think you could make a video on how you do it. Or maybe a video of how to start with about 1000-1500 dollars

@presen10se 2 жыл бұрын

Whatever happened to this cat? He just vanished. I always enjoyed his info he provided.

@williamwilliam57899 3 жыл бұрын

is it a bad idea to launch first product in January or should I launch later? or does it not really make a difference

@dizzyaaron 3 жыл бұрын

It DOES make a big difference. If you don't have an Amazon FBA experience then you will find out that Q4 or these last 3 months are Amazons busiest and therefore they implement restrictions on warehouse space and fees may be different during these last 3 months. Not to mentions restrictions on how much you are allowed to send into Amazons warehouses. So yes it makes a difference when you send the items in. The sooner the better tho if your item is not seasonal though. Best of luck.