In 2017, batches of sellers who made money from Amazon went home to celebrate the New Year, but batches of sellers also left the platform. The same was true in 2017, because there was always a group of people like this on Amazon who were legendary and made money without doing anything. So how much start-up capital do those who want to start Amazon alone need after the new year?
The editor summarizes the views of sellers in the industry in 2018. At the beginning of the year, a seller said he wanted to start his own business with 100,000 yuan. How can he enter the market on Amazon now? At this time, everyone's attention is inexplicably focused on the 100,000 yuan point. For Amazon sellers, is this amount of start-up capital too much or too little?
For small sellers who don’t have mines at home, there are roughly three funding ranges for those who go out on their own.
1. Below 50,000. Some sellers said that they used more than 10,000 yuan when they started out on their own, including 2,000 yuan for registering a company, 3,000 yuan for selling goods, and 800 yuan for shipping. The money was also enough for initial promotion. Later, I invested more. Now I only make one product and have invested 40,000 yuan, most of which is in goods, with more than ten stable orders. Basically, there is no need to invest any more money, the proceeds are enough to stock up. I don't understand why it costs 100,000.
2. 70,000 to 100,000. Many small vendors will prepare so much start-up capital in the early stage, because a series of problems require money. They may not have a clear idea of what products to sell in the early stage, so they will try to distribute the products in Europe or the United States, and then slowly explore, and then switch from the distribution model to the boutique model. This practice is also the advice given by sellers in the industry to new sellers in this funding range. Anyway, 100,000 yuan can’t buy you a house or a nice car, so you might as well take a chance. Maybe the bicycle can turn into a motorcycle.
3. 100,000+. Some sellers ask what can you do with 100,000 yuan? Just choose a product, send it to FBA, and you’ll have no money left! Some sellers also analyze in more detail the starting capital of 100,000 yuan. What can you do with it? Not to mention your website. The categories and products have not been selected yet, so what can you do even if you have selected them? Have you ever calculated how much money you need to buy goods? How much is the logistics cost? How much is the initial product promotion cost? What kind of position can you reach with this money? If it doesn’t work out, how much money will you have left? No one on Amazon dares to say that they can make a success by making a product. Even if you have sold thousands of units a day for the same product, there is a high chance that you will not be able to make it if you make a new listing.
Another situation is the group with strong financial resources. A wealthy seller said that he had 500,000 yuan in the first phase of funding, and because he was in a factory industrial belt, if things got better later, he would immediately follow up with 1.5 million yuan to expand rapidly. Because his domestic e-commerce team had reached a bottleneck, he followed his friend's advice and tried Amazon. I plan to work in Amazon or the cross-border e-commerce export industry for 5 years. If this succeeds, then everyone will call me a big shot!
How much money does a person need to work alone on Amazon? In fact, it depends on one's own actual situation to determine how much money to prepare. A small investment may result in a big return, while a large investment may result in a total loss. In the Internet age, this is all uncertain.
The above is some details about how much money a person needs to prepare to start an Amazon business alone. To get more knowledge about Amazon, please continue to pay attention!
