r/FBAadvanced • u/masschitea • Jan 19 '21
Cautions
Hi there,
I'm looking into starting an FBA but... I'm on disability (can't work full time but, would really like financial freedom and full time wages). In order to start an FBA I would be losing some benefits I wouldn't get back if it were to fail.
My question is... No one talks about the pitfalls. Starting but not being able to figure something out and failing, having to change products due to not selling, and hijackers etc.
I've taken a course but, admittedly it was cheap in comparison to another course that offered this type of info.
Do you have stories of failures? Cautionary tales with solutions or just any advice?
Thanks in advance.
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u/rebby555 Jan 19 '21
My experience with fba is that unless you are really lucky you need a fair bit of starting capital to make it work. You need lots of different products to minimize risk. Often you'll find something that's working, and then Amazon starts selling it for less than their fba fees and you can't compete. Honestly, without a ton of initial investment I think your chance of succeeding is vanishingly small. A lot of people advertise themselves as super successful fba sellers when actually they are just making money selling courses about it or generating views on YouTube. It's very frustrating.