[Business insight #1]Amazon FBA
This is not an advertisement. I just occasional saw it and wanna share with you guys
Nowadays, opening physical shops are not longer the only way to startup our business. As an online shopping affionado, why don't we take this as an advantage to startup our own business? It's TIME TO SAY NO AS AN EMPLOYEE!!!!!
I believe that most of you guys have tried to shop in Amazon. Have you guys thought of being a seller on Amazon? Amazon has been offering such opportunity for being a seller for a long time. So today, i am going to introduce Amazon FBA (one of selling services) provided in its website.
How it operate:
- We ship our product to Amazon Fulfillment Centre
- Store in the centre as inventory
- Amazon is responsible to manage our product by keep updating the inventory condition
- When order is received from customer, Amazon deploy the delivery work to its team and deliver goods to customer
Cost involved:
- Monthly Membership fee (US$39.99)
- Storage fee
- Fulfillment fee
- Shipping fee (For those sending goods to Amazon from worldwide)
So what we have to do is just looking for popular goods to know what are highly demanding, then we just pay little initial cost for handsome income in the future. I think it's suitable for people like me who don't have large amount of money to start a business. What are you waiting for? I'm ready, do you?
P.S My motto: Chance is not reserved for well-prepared people, but chance is the thing that we create by ourselves.
If you want to know more about my stories or want to know more about startup business, follow me on @toddwong123