Amazing Selling Machine FAQs
What is FBA?
FBA is short for “Fulfillment By Amazon”. Basically, you utilize Amazon’s extraordinary expertise to market your product to hundreds of millions of potential customers!
Watch how Amazon itself explains its FBA model.
How big is the 3rd party revenue at Amazon?
Amazon did about $233 billion in revenue in 2018 and is expected to exceed $300 billion in 2019.
More than 50% of this revenue comes from 3rd party products like the one you could be selling in the platform soon!
Learn how to start and grow your own business and brand on Amazon here.
What is the advantage of the FBA model vs drop shipping?
As an FBA seller you will be building your own brand of physical products. This business is also something that you can sell in the future.
With drop shipping you sell the exact same product with thousands of others, meaning there is intense competition, prices are driven down and so is the profit margin. Additionally, there is no long term asset & wealth building.
Is there too much competition now on Amazon? Is it too late to become an FBA seller?
Currently ecommerce is estimated to be an 11% from all commerce. From this, 40% is sold on Amazon. Amazon is growing at a fast pace and there is so much opportunity!
Even people who just sold their Amazon FBA business start to do it all over again.
How do I compete with established brands?
At Amazing Selling Machine, you will learn how to select and sell a product that is not exactly the same with other products available. Quality and differentiation are essential.
Additionally, recent changes on Amazon have created a level playing field, meaning all the tools & resources inside Amazon are the same for all brands.
What if I don't have a lot of extra time?
You can run this business with as minimum as 1 hour a day. From there on it all depends on you. Will this be a hobby or a business for you? If you want to grow your FBA business, at some point you will have to make the time.
What if I don’t live in the USA? Can I still implement all the teachings of ASM?
Yes! The ASM team will provide you with a list on how to sell on Amazon from different countries.
They already have thousands of ASM students all over the world who are successful with this system.
What if I am not tech-savvy?
This business is super simple. If you can buy on Amazon, you can sell on Amazon. You can easily step in the shoes of your clients because you also are a client. If you can use a browser and fill in forms, you can do it. It’s not your technical skills that matter but how much you work on it.
How long does it take to achieve my profit goal?
It depends on many things. Delivery time, how quick you move, how quickly you pick a product, your level of action, how much you reinvest in the business.
The goal of the ASM team goal is to get everybody profitable in 6 months.
How much do I need to start an FBA business?
You will need to order a minimum of 200-300 units the first time from your supplier. Depending on the cost of your product, your order will be around 500-2000$ including shipping.
You should always perform your own due diligence and assume responsibility for your purchases. Member’s results may not be typical. ASM members joining between 2013-2016 who completed the program and launched a new brand had median annual revenue of $60,750.00.
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