Today we’re going to talk about how much does it cost to start an e-commerce business on Amazon? So, first off I am Matt Clark. I am the CEO of amazing.com. I’ve been basically a full-time entrepreneur in e-commerce since 2009. Originally created the amazing selling machine program was the only person years ago. And, you know, we’ve been able to help tens of thousands of people.
When we ask people interested in selling on Amazon how much they’d like to make in a year, a common answer is $10,000 per month. As you’d imagine, there are a wide range of answers from around $1,000 per month to $100,000 per month. $10,000 per month is the most common. I think this goal is popular because it’s a comfortable six-figure income for just about anyone. You can’t live lavishly, but you can live comfortably on $10,000 per month in income.
Amazon has changed a lot since I started selling on it in 2010. Sales were less than 10% compared to today. If you knew the right marketing strategies to rank and convert on Amazon, you could win with almost any product.
If you’re testing out selling on Amazon and aren’t sure if you’re going to continue past the first few months, it may not be worth the cost to set up a corporation to sell on Amazon. You can start as an individual. Later, you can create a corporation and add those details to your Seller Central account.
Do your Amazon products need to relate? Consider that most buyers of Amazon FBA businesses want to buy a single brand of products. They want a brand they can grow through adding more products and more marketing channels. If you want to build the most valuable business possible, here’s why focusing on building a single brand with related products works best.
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*The claims presented on our website are not represented as predictions or forecasts that anyone who joins will experience success. Concerning future performance or results, no guarantee of any kind is implied. Individual results will vary depending on many factors outside our control, including the degree of effort made by each individual and the time, skill and ability they can devote to the business. Although these claims are truthful statements about results obtained by our customers, the results obtained by our customers are not necessarily typical. Some customers have little to no profit. **Individual(s) has a financial relationship with Amazing.com LLC and/or other Amazing legal entities
