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How Much Money Do You Need to Start Amazon FBA in 2020 | Amazon FBA Costs UK
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- Опубликовано: 17 авг 2024
- How much does it cost to start an Amazon FBA Business in 2020? Your Amazon FBA startup costs depend on your FBA product selection and product goals - these have a BIG impact on how much money you need to start selling on Amazon.
In this video I look at all of the essential startup costs and optional costs - it is important to look at optional costs as you may need to forgo some of them to be able to afford to start your own FBA business. Below are Amazon startup costs I discuss in the video:
• Setting Up a Ltd Business
• Business Bank Account
• Amazon Professional Account
• Logo
• Barcodes
• Domain Name(s)
• Business Insurance
• Accountant
• Trademark
• Software
I also compare 3 different FBA products to provide examples of potential opportunities for budgets of all sizes. These are the FBA product costs I explain in this video:
• Samples / Competitors
• Photography
• Packaging Design
• Product Insert Design
• 3D Render
• First Order
• Alibaba T/A Fee (2.9%)
• Shipping & Insurance
• Customs Duty (5%) & VAT
• Product Inspection
If you choose a high demand niche with a high price point then you will need a lot bigger budget than a less competitive niche with a lower price point.
Due to large increases in PPC since last year's video, I now believe the minimum amount of money you will need to launch a successful FBA product is £1,700. This is based on using the low-cost startup and low-cost product options explained in this video.
The only piece of software you need to start an Amazon FBA business is a sales estimator tool, I recommend Xray from Helium 10 which is available for a very low monthly fee. You can save even more using the link and discount codes below.
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How much money do you have to start an Amazon business? Let me know in the comments below! !
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