Doing everything as an is possible, but it’s not easy. And above all, it’s not fast, despite all the videos on social media you can see about people who have become rich in no time, without investment and sleeping most of the time, who now want to teach you how you can do it too. Practically without effort, of course.
Hire a full-service agency
There are Amazon agencies that offer to take care of the process from scratch, with you being more of an investor observing the process from the outside. The service also included selection, development and purchasing in China through one of their agents in China.
How much does it cost? The service has a monthly recurring fee of around 1,300 euros, which doesn’t seem like too much at first glance. They qatar whatsapp number data also recommend that you have a budget of 20,000 euros for the product part. If you look closely, there is a “small” difference between my figure from yesterday, where I told you about a minimum investment of around 2,000 euros, if I remember correctly.
Forgive the irony in this paragraph
No, I must say that at no time were I made choose your target audience impossible promises. At least with the German agency I was speaking to at the time that offered me this type of service. Now that I write these lines I remember that I told them to resume in 6-12 months. I don’t think I ever heard from them again. I think they need to improve their lead management…
Now I think my memory is failing resource data me a bit. I could have been told that in a matter of 12 months the management would be “free” since it was financed with the profits from the product. To give you an idea of how they (possibly) do their calculations, I estimate that 50% of the 20k is for Amazon Ads. This allows you to be more aggressive in product selection to get into niches with a bit more competition where you need to launch with advertising or it makes little sense to get into them.
In short :
once again. Fast is not low cost either. Possibly sleeping because there are others working for you. If you do the math, it costs you 15,000 euros to launch a product and cover the monthly costs of the agency. Possibly another 12 more to generate profits. Then to these 15k you have to add the 20k of product and Amazon Ads to start. Do you have 35k to do a “test”? Well, that’s it, neither do I…
We continue tomorrow with the third part.