An Amazon FBA seller shares what actually works: he lost money on supply chain mistakes, trademark lawsuits, and PPC ads before learning to focus on variations of winning products instead of launching new ones. You can pay for a mentor or learn the expensive way.
When someone starts Amazon FBA for the very first time, they think that their growth is going to be linear just like this. Like every single month, every single year, their business is just going to continuously go up. Where in actuality, you start making more money, and I would say in any type of business, the more times you fail. And I'll give you an example. Like when I first got started with Amazon FBA, I really couldn't time supply chain. So So I would continuously run out of stock where I would lose revenue. Then I would ship all my items into one fulfillment center and it wouldn't get checked in on time. So then I would lose sales again. And then I didn't know really what I was doing when it comes to Amazon PPC. So I would spend a lot of money learning based on just like trial and error, right? And it wasn't until I learned how to fail each one of those things where I improved on it and those mistakes didn't happen again, I was able to make way more money, right? Another example is I would launch a bunch of new products that I thought were going to be successful, and the right strategy is actually going ahead and coming out with different variations of your winning products. But I couldn't learn that unless I failed, going ahead and failing with all those other products first. So always keep that in mind, that the biggest wins you have in business come right after big lawsuits. And these are just things that I can think of on the top of my head. Like, I've gotten involved in a trademark lawsuit case. I've had, you know, uh, products suspended because of not having the right certifications. This and that is basically a good learning experience. So you either learn it from going ahead and paying mentors right away because they've already been through those mistakes, or just learning through trial and error. There's only 2 ways to actually learn it.
