New Amazon Sellers Average $26k in Profits in First Year, Survey Reveals
I came across this article yesterday, I know there are a number of very successful amazon sellers on here and aspiring entrepreneurs looking to get in FBA.
I’m a numbers guy and I found this article rather interesting due to the massive growth, 80% amazon sellers sell directly on amazon and most of them say they’ve gotten a 61% net profit gain.
Another number that caught my eye was that 20% of sellers make a range of $25,000 to $250,000 per month.
I do catch myself questioning is that net sales or is that net profit, regardless if they have a 15% profit margin they’ll bring home $3,750 per month on the 25k number. The NIAT should be around $2,625 per month. which is a good amount of cash for a good lot of us.
Most of them seem to be profitable within the first year they start posting and a range of investments to be in between $500 to $10,000 which is more than feasible for a savings plan in one year then tackle it in the next.
I do recognize that this article has information from jungle scout which is an amazon seller’s tool SAAS and it could be a piece of promotion. I just wanted to share and hear your input on this article, especially from people that have a lot of experience in this space.
I came across this article yesterday, I know there are a number of very successful amazon sellers on here and aspiring entrepreneurs looking to get in FBA.
I’m a numbers guy and I found this article rather interesting due to the massive growth, 80% amazon sellers sell directly on amazon and most of them say they’ve gotten a 61% net profit gain.
Another number that caught my eye was that 20% of sellers make a range of $25,000 to $250,000 per month.
I do catch myself questioning is that net sales or is that net profit, regardless if they have a 15% profit margin they’ll bring home $3,750 per month on the 25k number. The NIAT should be around $2,625 per month. which is a good amount of cash for a good lot of us.
Most of them seem to be profitable within the first year they start posting and a range of investments to be in between $500 to $10,000 which is more than feasible for a savings plan in one year then tackle it in the next.
I do recognize that this article has information from jungle scout which is an amazon seller’s tool SAAS and it could be a piece of promotion. I just wanted to share and hear your input on this article, especially from people that have a lot of experience in this space.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
