427 - Stay away from Fulfillment by Amazon: Tom talks Amazon FBA
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Show Notes
Amazon FBA. Well what is it? It's called Fulfilled by Amazon. This is where you have a physical product, you ship it to Amazon. When someone buys the product, Amazon ships it to them, collects the money, takes out their fees and sends you whatever money is left. And there's lots of courses and lots of people bragging how much they sold by doing this. Now, you got to excuse me for being skeptical.
Screw The Commute Podcast Show Notes Episode 427
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04:17 Tom's introduction to Amazon FBA
06:58 Some people are making money but the percentage is small
11:41 Amazon can withhold lots of money sometimes on a whim
13:02 Inventory and upfront money is really a guessing game
14:42 How Amazon views pricing
16:16 Ripoffs external and internal
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Internet Marketing Retreat and Joint Venture Program - https://greatinternetmarketingtraining.com/
Story on Amazon "strong arming" - https://www.vox.com/2018/11/29/18023132/amazon-brand-policy-changes-marketplace-control-one-vendor
Dangers Of Selling On Amazon - https://mywifequitherjob.com/the-dangers-of-selling-on-amazon/
Internet Marketing Training Center - https://imtcva.org/
Related EpisodesTiffani Hockings - https://screwthecommute.com/Tiffani/
Dr. Jeff Hockings - https://screwthecommute.com/426/
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